A disintegrating marriage can make you or your spouse do things you’d never previously dream of doing. Even in an otherwise healthy marriage, one spouse’s outrageous spending habits can lead to divorce. And when your marriage is unraveling, it’s not unusual for either spouse to go on a spending spree or gamble away marital assets.This frivolous spending, also called “dissipation of assets” or “wasting assets” is not without consequences. A judge will factor in either spouse’s reckless spending when dividing property in your divorce. In certain situations, a court may award you additional assets or spousal support to compensate for your spouse’s wasteful spending. ...
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