A high‑asset divorce often involves complex financial structures beyond a traditional salary. Executives may receive bonuses, stock options and other incentives that do not fit neatly into a standard property division analysis. The Indiana equitable distribution...
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What are legal and physical child custody?
When parents divorce or separate, they still share responsibilities regarding their children. They can either negotiate arrangements directly with one another or litigate to establish a custody order. Typically, custody orders have to address both physical and legal...
Who decides what the family business is worth during a divorce?
Divorce conflicts often focus on valuable assets that spouses share. Addressing real property and retirement savings can cause tension. If the spouses run a business together or one of them has a successful business or professional practice, their business holdings...
Why a gray divorce may be even more complicated
A gray divorce generally just means that the couple splitting up is further along in their lives. Many people use it to refer to a divorce when someone is 50 or older, for example. Some studies have found that the divorce rate is going up for those over 45 and that it...
Do you suspect your spouse is hiding assets?
Divorce can bring out the worst in some people, especially during the asset division process. Indiana follows an equitable division process, which means assets are divided based on what is fair rather than strictly equal. However, some spouses believe they have an...
Who keeps the country club membership in a divorce?
When married couples go through a high-asset divorce, dividing the marital property can become quite complex. However, each shared asset must be valued and split between the former spouses. Let’s delve into one common asset shared by high-earner couples — the country...
Are you bound by child custody orders forever?
The child custody order that you receive when you get divorced is based on numerous factors. The court is going to try to set up a child custody situation that puts the child’s best interests first, and it is also going to consider the logistics of the parents’ lives,...
Birdnesting may work well in a high-asset divorce
Birdnesting is a unique type of child custody arrangement. While most child custody setups require the children to move from one parent’s house to the other, birdnesting flips the script. It is the parents who move in and out of the house. For example, say that the...
Can Indiana child support assist with college costs?
Married parents and parents who live together can easily share their parental rights and responsibilities. They can pool their resources to afford the costliest elements of raising a child, including college tuition. However, when parents divorce or separate,...
4 roles forensic accountants can play in high-asset divorce
High-asset divorces involve complex financial concerns that can be difficult to navigate without professional guidance. When substantial wealth, business interests and investment portfolios are at stake, hidden assets and undervalued properties can significantly...
