Prevent Your Partner from Spending Money Before a Divorce

Saying “I quit” to your favorite person you once said “I do” to 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/

Social Accounts
https://www.facebook.com/AttorneyMesaAZ/
https://www.linkedin.com/company/jensen-family-law/
https://www.yelp.com/biz/law-offices-of-kevin-jensen-mesa