We have successfully defended one of our clients against a dissipation claim made against him by his former wife. In a divorce proceeding, our client’s former wife alleged that our client dissipated approximately $150,000 in funds from a marital retirement account, and she was seeking to be reimbursed for one-half of the alleged dissipated funds. The funds were alleged to have been used by our client, for his sole benefit, during a time the marriage was irretrievably broken. All other issues were settled prior to trial.
Over the course of a seven day trial, one of our attorneys successfully elicited testimony our client’s former wife, exposing that the funds had in fact been used by her to fund her extravagant lifestyle. Because of the successful cross-examination, and other evidence offered and argument made, the court found that no dissipation of the marital estate had occurred.
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