Jerusalem Penthouse Hidden From Wife Valued at Millions, Husband Ordered to Share Half
A Jerusalem family court ruled that a husband who concealed a penthouse valued between 3.5 and 4.5 million shekels from his wife must share half its value with her, despite rejecting her claim to annul their prenuptial agreement. The wife discovered after their separation an American bank account with nearly $400,000, an unregistered storage unit purchase, and two apartments not disclosed in their marital property agreement. She sought to invalidate the agreement and redistribute assets, but Judge Moshe Brown dismissed the annulment claim, citing the high burden of proof required to cancel a judicially approved prenuptial agreement.
The couple married in late 2003 and have two children. They signed an initial property division agreement in 2015 and a full separation of property agreement in 2018, which the court approved. The wife later alleged deception and asset concealment. The husband admitted hiding the Jerusalem penthouse, claiming it was a gift from his parents in 2016, exempting it from division. However, evidence including a recording and testimony from the husband's father suggested the property was purchased, not gifted. The judge found the husband's explanation implausible, especially given the family dynamics and the parents’ refusal to testify.
Other claims by the wife, such as the undisclosed bank account and unregistered storage unit, were rejected by the court. The husband was also ordered to pay 40,000 shekels in legal fees within 30 days. The ruling leaves the prenuptial agreement intact but mandates the husband to compensate the wife half the penthouse’s value as of the 2018 agreement approval date, plus interest and linkage differentials until payment.
This case highlights the strict standards for annulling prenuptial agreements in Israel and the courts’ approach to concealed assets, especially high-value real estate. The exact current value of the penthouse remains undetermined, though parties estimated it at up to 4.5 million shekels in 2022.
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