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Saying “I quit” to your favorite person you once said “I do” is not easy. A divorce can often lead to each of the partners feeling lost and hurt. Both of the spouses will feel that they’re a victim of the situation. Amid this stress and grief, you or your partner is likely to spend a lot of money to destroy what you’ve spent many years building. According to Arizona community state policy, divorcing spouses should share equally all properties acquired during the marriage. You need a family law attorney in Mesa to prevent thrift expenditure before finalizing the divorce by dividing the assets.

How Do Spouses Dissipate Assets Before a Divorce?

Asset dissipation also refers to marital waste when spouses opt for extravagant spending before an official divorce. Marital waste is a common practice for spouses who want their partners to get nothing from their assets during their marriage. Marital waste occurs when a spouse:

  • Spends proceeds from assets on divergent interests from their marriage, such as purchasing expensive gifts for friends, arranging numerous trips, and paying for costly living expenses like living in an expensive mansion, among others.
  • Participating in gambling activities and such as online casinos upon initiation of the divorce process
  • Overusing credit cards in unnecessary shopping sprees
  • Transfers massive properties to family members and friends, hoping to recover them later.

How Should I Handle a Spouse Committing Marital Waste?

Asset dissipation can make you lose everything that you worked to build for many years. Even after a divorce, you deserve a share of the property that you co-acquired during the marriage. To prevent asset dissipation, it would help if you talk to an attorney to help you restrain your spouse from spending money until the divorce case is concluded.

Are you worried that your spouse is squandering money before the conclusion of the divorce case? The court can help you to make up when dividing assets. You’ll need to keep clear spending records before and during the dissipation period. The court will determine the difference, calculate the much that your spouse wasted and subtract it from their total share.

What Should You Avoid Before Getting A Divorce?

Besides restraining from committing marital waste before a divorce, there’re a couple of things to avoid. It’s essential to avoid them to facilitate a smooth divorce process. They include:

  • Do not send any nasty texts to your spouse.
  • Do not misplace or discard financial records.
  • Avoid lying to your attorney.
  • Do not involve another romantic partner in the case.
  • Avoid seeking advice from friends.

Contact Jensen Family Law

It would help if you avoided anything that will hinder the smooth progress of your divorce case. For more information and help on how to go about your divorce case, contact Jensen Family Law or visit their website through this URL: https://www.familylawattorneymesaaz.net/

Jensen Family Law

3740 E Southern Ave Suite 210 

Mesa AZ 85206

(480) 999-2321

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https://www.facebook.com/AttorneyMesaAZ/

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Jensen Family Law is located on 3740 E Southern Ave Suite 210, 85206, Mesa, Arizona. From Phoenix Sky Harbor International Airport (PHX) Take S 41st St to E Sky Harbor Blvd then Head west on E Sky Harbor Blvd and Use the left lane to take the exit toward S 41st St then Turn right onto S 41st St after that Continue straight to stay on S 41st St then Take AZ-202Loop E, AZ-101 Loop S and US-60 E to S Val Vista Dr in Mesa. Take exit 184 from US-60 E after that Merge onto E Sky Harbor Blvd then Use the left 2 lanes to merge onto AZ-202Loop E toward Tempe/Mesa and Use the right 3 lanes to take exit 9 to merge onto AZ-101 Loop S after that Use the right 2 lanes to take exit 55A-B to merge onto US-60 E toward Globe then Take exit 184 for Val Vista Dr then Continue on S Val Vista Dr to your destination and Turn left onto S Val Vista Dr then Turn right onto E Southern Ave then Turn left and Destination will be on the right.

We’re open 9AM – 5PM Monday – Friday and we are closed on Saturday and Sunday.

For additional questions you can call us at (480) 999-2321 ro you can find us on Yelp.