Wednesday, October 3, 2012

First District Court Affirms Remote Dissipation Ruling

The First District Court of Appeal affirmed today in Amos v. Amos, with detailed comments as to the issue of remote dissipation.  Specifically, the Court looked at the question of whether the transfer of shares three years prior to the filing of a petition for dissolution was an intentional dissipation of marital assets.  The First District Court ruled that, in line with the Fifth District’s ruling in Beers v. Beers, 724 So.2d 109 (Fla. 5th DCA 1998), the First District would also consider dissipation happening in a remote timeframe under the “catchall” provision of Florida Statute 61.075(1)(j), permitting a review of asset transfers well prior to the two years provided for in the statute.

No comments:

Criminal Justice Degree Schools