What Happens to Marital Assets that Were Diminished or Spent Completely During the Course of Your Florida Divorce Litigation?

Going through the divorce process can be, and often is, a difficult time, both emotionally and, in many situations, financially. Divorcing spouses may be forced to deplete financial accounts or sell assets to pay for necessary things like living expenses and legal fees. When you do, the expenditure of those assets may impact the outcome of your case with regard to equitable distribution. In any equitable distribution outcome, your goals certainly include not being penalized for depleting assets for legitimate reasons. To make sure you get a genuinely fair equitable distribution, make certain you have the services of an experienced South Florida family law attorney on your side. For an illustration of the rules regarding the dissipation of marital assets, there’s the very recent case of T.M. and H.M. from Palm Beach County. Each spouse petitioned for divorce in 2016 after nearly 25 years of marriage. The couple’s divorce case covered several important issues,…

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