In the case of Pliuskaitis v. Pliuskaitis, the Virginia Court of Appeals, in an unpublished opinion, ruled that the trial court properly determined that husband converted joint funds totaling $48,149.29 from a home equity line of credit and $3,000.00 from a joint savings account to personal use and not for a proper purpose. While husband testified about how the funds were used and testified the funds were used for a proper purpose, he presented no documentation for these expenditures. In addition, the husband's unauthorized investment of marital funds in a business venture did not constitute a proper purpose any more than his unauthorized use of such marital funds to gamble at a casino to increase the family bank account would constitute a proper purpose.
-Rob Hagy, Charlottesville Divorce Lawyer. For help with your property distribution questions, please email me at [email protected] or call me at (434)293-4562.
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