What is dissipation of marital assets in a divorce?

Dissipation of marital assets occurs when one spouse uses marital funds irresponsibly or wastefully, often leading up to or during the divorce, such as excessive spending, spending on another relationship, gambling, or hiding money. Courts may compensate the other spouse by adjusting the division of remaining assets.

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Debts

Learn about various types of debts and liabilities; how to value them and how they can be addressed in divorce.

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What is dissipation of marital assets in a divorce?

Debts

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