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...
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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...
How will a gray divorce affect long-term financial stability?
Divorce after 50, often called a ‘gray divorce,’ can significantly change your financial future. By the time spouses reach their 50s and 60s, they have accumulated substantial assets and carefully planned for their retirement. A divorce at this stage in life can...
How is a 401k handled during a divorce?
Property division is often one of the most challenging parts of going through a divorce, particularly for those who have considerable assets. While the home is often one of the largest assets, retirement accounts might also be valuable. If a 401k is part of your...
Cataloging marital assets while preparing for a divorce
While preparing for divorce, gathering information about family finances is a critical step. Frequently, people focus so much on financial records, such as income tax returns and credit card statements, that they fail to properly address smaller assets. Creating a...
Hidden liabilities that can impact a high-asset divorce
It’s common to zero in on valuable property during a high-stakes divorce, such as the family home, investment accounts, business interests and retirement savings, since these assets seem to matter most. However, the actual value of what you receive is not always as...
Preparing for a fresh start during “divorce month” this January
For many people, the start of a New Year is a time to take stock of their lives and set priorities for the future. Occasionally, an individual's goals may require major changes to their current circumstances. Some attorneys and social researchers refer to January as...
Social media activity can be used in child custody cases
If you are going through a divorce, especially one that involves child custody, it is often wise to stay off social media. At a minimum, you need to remember that social media activity can be used as evidence in the case. Anything you post could potentially be...
How the length of a marriage can influence property division
In most cases, Indiana courts consider nearly everything either spouse owns as part of the marital estate when dividing assets during divorce. It doesn’t matter whether an asset was acquired before the marriage or built up over time. There is a rebuttable presumption...