Dissipation of Assets

Dissipation of Assets

Dissipation of Assets

Dissipation typically requires expenditure for a purpose unrelated to the marriage at a time when the marriage was undergoing irretrievable breakdown. Gambling losses, gifts to a paramour, and concealment are common examples.

The claiming spouse must identify the expenditures.

Alternative Names:

Marital Waste|Dissipation Claim

Why it Matters?

Timing is the limiting element, since expenditures before the breakdown began are ordinary marital spending regardless of how imprudent, which requires establishing when the marriage began failing rather than when the petition was filed. Identifying specific transactions rather than asserting a general pattern is required, and forensic accounting of account activity is the necessary work in substantial claims.

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Related terms

Frequently asked questions

What is the limiting element?

What is the limiting element?

Timing, since expenditures before the marriage began breaking down are ordinary marital spending however imprudent.

What proof is required?

What proof is required?

Identification of specific transactions rather than a general pattern, typically through forensic account analysis.