People who run businesses or professional practices rely on their organizations for income. They may have long-term plans that include developing the company and eventually listing it for sale or passing it to their children when they retire. All of those plans can be...
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2 important people to notify when you divorce
Divorce is not something you should try to face alone. Family and friends can often provide critical support at this time to make things easier for you and any children you may have. There are others, too, whom you should consider informing. Here are two. 1. Your...
What Grandparents Need to Know About Visitation Rights in Indiana
Losing contact with a grandchild can feel like losing part of your family. You may wonder whether Indiana law gives you any path back into that child's life. In some situations it does, though the rules are narrow and courts favor parents. When grandparents can...
What do you need to disclose in your financial declaration?
Divorcing spouses must exchange a Financial Declaration Form within 60 days of the initial filing. This sworn document discloses one’s income, expenses, assets and debts to ensure transparency during property division. In turn, it allows marital property to be divided...
3 financial records that can help spouses to prepare for divorce
For those contemplating divorce, concerns about finances often hold them back from filing. They worry about hidden assets and diverted income. They expect their spouses to try to deny them a fair share of the marital estate or diminish how much support they must...
Why would wealthy couples have higher divorce odds?
In some ways, a high level of wealth can create economic stability. This can, in turn, give a marriage more stability, potentially decreasing the odds of divorce. However, some reports note that periods of economic growth often lead to an increase in divorce cases....
Why social media can harm a divorce case
When a marriage begins to unravel, it's natural for many people to turn to social media for comfort, distraction or a sense of normalcy. A quick photo upload or status update may seem harmless in the moment, especially during an emotionally difficult time. In some...
3 parties who usually must consent to an Indiana stepparent adoption
There are many potential benefits derived from a stepparent adoption. Stepchildren can acquire inheritance rights and access to other benefits available through their stepparent. Stepparents acquire the same legal rights and responsibilities as biological or adoptive...
How to protect your savings and investments during a divorce
You worked hard to build your financial portfolio and secure your future. When a marriage ends, the thought of losing half of your life's work feels overwhelming. You deserve a clear path forward that protects your hard-earned wealth. The complexities of the legal...
3 warning signs a spouse has hidden assets
Hidden assets can significantly complicate property division proceedings. If one spouse attempts to hide resources from the other to gain an advantage during economic negotiations or litigation, their actions can have profound implications for the final outcome of the...