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...
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Divorce
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...
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...
How Indiana courts handle executive compensation in divorce
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...
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...
