Equitable Distribution

What is the Effect of Divesting Marital Assets for “Marital Purposes”, on Equitable Distribution?

Posted by on Aug 18, 2014 in Equitable Distribution
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Do you know that payments a spouse makes from a marital account, during dissolution of marriage or divorce proceedings, for purposes “reasonably related to the marriage”, should not be included in the equitable distribution scheme and “charged against” the spending spouse, unless there is evidence that one spouse intentionally dissipated the asset for his/her own benefit? (more…)