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Addressing the Dissipation of Marital Assets in a Divorce Case

At what point does one spouse's gifts to family and friends, or their bad investments and/or extravagant spending, become considered dissipation in the eyes of an adversary looking to review a case or the judiciary, and what remedies are available to a spouse where a dissipation has been found to have occurred?

27 minute read November 02, 2015 at 12:00 AM
By
Lynne Strober and Jennifer Presti
Addressing the Dissipation of Marital Assets in a Divorce Case

The typical allegations of dissipation in a divorce include spending, sending or funneling marital monies to a spouse's extended family or friends, gambling debts, bad business decisions, and spending money on extramarital affairs.

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