Legal Question in Family Law in Maryland
distribution of marital assets and depth
am i eligible to receive a monatary settlement on assets spouse has already sold, given away or traded in for new vehicals?
1 Answer from Attorneys
Re: distribution of marital assets and depth
It is not possible to give you a clear legal answer to your inquiry without a more detailed evaluation of the facts of your case. Several questions are presented.
1. Has a divorce proceeding been initiated?
2. When were these assets sold, given away or traded? A long time before the divorce was final? A short time before the divorce was final? After the divorce was final?
3. What did your spouse do with the funds received? Did he/she pay family expenses or debts?
4. Did your spouse violate any court order limiting disposition of marital assets during the pendency of the divorce?
There are a number of factors involved in a determination of whether you can request a court to give you credit for dissipation of marital assets.
You should not take any action, based upon my advice, without consulting an attorney and explaining all the facts to him. You are best advised to seek the services of a competent Kentucky attorney. You can telephone your local bar association for a referral, or can find a good lawyer on-line at the Kentucky Bar Association's Lawyer Referral Service:
http://www.kybar.org/Default.aspx?tabid=291
Good luck!