Dividing retirement assets is one of the most contentious parts of a divorce, especially later in life when a career is winding down. A Qualified Domestic Relations Order (QDRO) is a divorce tool designed to split retirement benefits between spouses fairly. Both...
Divorce can be a challenging and emotional process, especially when it comes to dividing assets. In the state of Indiana, asset division follows specific rules and guidelines. Learning those rules and guidelines can help you know what to expect. Equitable...
Prenups are all about pre-planning for a “worst-case” scenario, but a prenuptial agreement that you and your spouse signed 20 or 30 years ago may eventually seem profoundly outdated or even unfair. Indiana law generally recognizes the validity of prenuptial agreements...
Many couples buy a house together after getting married or upgrade from rental arrangements to homeownership when they decide to have children. Quite a few married couples across Indiana share an ownership interest in the residence where they live together. Homeowners...
When you think about the type of people who enter into a prenuptial agreement, who comes to mind? It’s probably celebrities or the extremely wealthy who have a fortune to their name. What might surprise you is that anyone can arrange a prenup before they get married....
People are often concerned that their spouse is going to try to hide marital assets during a divorce. Hiding assets is prohibited, but it does still happen. For instance, someone may transfer a significant amount of money to a friend so that it looks like they have...
Your retirement savings will have to pay your living expenses for decades when you have no other source of income. You may have contributed thousands of dollars annually to your retirement savings account to prepare for the future. Often, those in well-compensated...
When you ask your spouse for a divorce, you know that you're entitled to some of the assets from your marriage. The two of you are going to have to go through the property division process and split these assets up. It's one of the most fundamental parts of any...
Dividing assets is often one of the most complicated parts of a divorce. Assets go into two different buckets -- one is marital property, and the other is separate property. The marital assets are equitably divided between the spouses, while the respective spouse...
It is not uncommon for a couple to spend years growing financial assets and future stability. When divorce becomes a reality, however, these assets must be carefully examined and divided into an equitable split. Some assets require a complex process called “valuation”...
