Of course, I'll do my best.
In a marriage, all assets are considered joint assets, as a starting point.
Any money that you come into (through inheritance or redundancy) is assumed to be a joint asset unless expressly stated otherwise.
However, when deciding on the split of matrimonial assets in a divorce, you can raise a conduct argument.
You could make representations to the court that his financially irresponsible behaviour and addictions decimated the marital funds, and ask the judge to reflect this in the final decision on the asset split.
I hope that this helps, it's never a straightforward issue I'm afraid.
Do remember that I can only give you my opinion.
Another lawyer may have a different opinion. If there was a black-and-white answer to every legal problem there would be no need for anything to ever proceed to court!
I am glad to help.
Hopefully, I have answered your query in a way that is simple and easy to understand.
I would be more than happy to clarify anything else for you. In the meantime, thank you once again for using our services.
I am happy to answer any specific points arising from this.
Please be aware that my answer is based strictly upon the information you have given me.
If you still need any points clarifying, I will be happy to reply because the thread does not close. In fact, it remains open indefinitely.
I am always happy to answer any further questions you have on any new thread in which case, please start your question with, “ For PLCLEGAL only”.
That only applies to new threads, not this one. You have me exclusively on this one.
Take care and stay safe.