When a marriage ends, one of the most contentious issues is the division of marital assets. In some cases, a spouse may engage in behaviors that could potentially deplete these assets unfairly. 1. Concealing assets Concealing marital assets is a common tactic employed...
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Divorce
Protecting your retirement during a divorce
When you started your divorce process, were you surprised to learn that your retirement accounts could be in jeopardy? You have likely saved most of your working life to create some security when you retire, so dividing these assets can impact your current and future...
Common complications in a high-asset Indiana divorce
Divorce under any circumstance is never pleasant. However, high-asset divorce opens the door to substantially more complications. Consider some of the most common issues. Complex asset valuation Spouses in a high net worth divorce often own one or more businesses,...
Top issues for divorce over age 50
Although many divorces occur when couples are in their younger adult years, more older couples than ever are pursuing divorce as empty nests encourage couples to re-evaluate their goals. Filing for divorce after age 50 comes with some unique considerations. What...
What is the difference between physical and legal custody?
If you are a parent divorcing in Indiana, you should know about the two types of custody and how they can impact your family. Like many states, Indiana treats physical and legal custody of children differently. Sharing legal custody can help you remain in your...
3 valuation methods for your business during a divorce
Businesses make divorce more complicated than they already are. If you are a small business owner, the end of your marriage might also mean some significant changes for the business. Indiana has a high divorce rate at 12.30 percent, according to World Population...
What benefits does shared custody hold?
It is always best to make choices during divorce based on what is best for the family unit as a whole, with particular attention to what suits the child best. In such situations, it is more likely than not that shared custody will serve as the best option. What...
What are some options to protect a business in a divorce?
Protecting your business in a divorce is essential to ensure you do not have to close it. However, if you lack a pre-or post-nuptial agreement, it can be difficult. NFIB explains there are a few things you can do if you realize a divorce is imminent that will protect...
How can you fairly split child expenses with your former spouse?
Finances are among the most common disputes between divorcing couples. If the two of you have children, how can you split child expenses without a fight? According to U.S. News, there is no one financial plan for everyone. Your final plan depends on your current...
Reviewing child support enforcement
If you have missed child support payments, or have concerns about your ability to keep paying support on time, it is vital to understand how the state enforces child support orders. Back child support can lead to serious penalties that affect many aspects of your...
