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Dissipation of Marital Assets—a crucial issue in many divorces. Whether you're currently navigating a divorce, considering one, Dissipation of assets commonly refers to a spouse frivolously spending or squandering assets in an attempt to reduce the marital property value. Dissipation is defined as the use of marital property for one spouse's sole benefit for a purpose unrelated to the marriage at a time when the marriage is
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In this snippet of the Florida Family Law Attorney Podcast, Attorney Gerard Virga from The Virga Law Firm discusses a critical The judicial doctrine of dissipation (breach of fiduciary duty in CA) of marital assets is an attempt to balance a spouse's right to
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