I recently moved out of the house because my wife wants a divorce. Can I continue using our joint account to pay mortgage on the condominium I just bought and for work related travel?
If you continue to use the joint account to pay your mortgage, then it is possible that you will be found to be dissipating assets especially since you are employed and assuming you have sufficient income to afford the mortgage. Your use of the joint account for travel, on the other hand, will not be considered dissipation so long as it is reasonable, necessary, and legitimate. Excessive, inappropriate, or unwarranted travel expenses may be considered dissipation. Also, with regard to travel, the court will see if you have consistently been traveling during the marriage and incurring this type of expense.
Related Questions
- I recently moved out of the house because my wife wants a divorce. Can I continue using our joint account to pay mortgage on the condominium I just bought and for work related travel?
- My wife was a house wife and has never worked or paid tax in South Africa. How do I reactivate her non existent account?
- Does more than one form need to be filed for a husband and wife owning a joint account?
