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What is financial misconduct?

financial misconduct
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What is financial misconduct?

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Financial misconduct is present when one party to the marriage uses funds wastefully. Gambling is an excellent example. Even if Gambling cannot be proven, large or repetitive cash withdrawals may be sufficient to show that something “fishy” was or is going on with marital funds. The Court may award more assets to the non-wasteful party to offset what the offending party has taken away from marital assets.

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