When it comes to property division in an Indiana divorce, there are often disagreements as to how certain items should be split. Oftentimes, one of the most valuable items in a marriage is the marital home. In a best-case scenario, the couple will be amicable and can negotiate a settlement. In other cases, there is acrimony and endless disputes. Regardless of the situation, when it comes to the marital home and property division, it is important for the parties to understand their options.
Divorce is difficult for any Indiana couple. There are many considerations that must be weighed when ending a marriage. Property division can be a source of significant dispute regardless of the couple's financial situation. Those who are well-off and people who are of lesser means can disagree about who is entitled to various properties. There are laws in place that dictate how property is split during a divorce. In general, the courts will seek equal division of marital property.
While property division might not be as important as other issues in a divorce such as child custody and support, it is still a major part of the case and should be given significant attention. People who have decided that their marriage is no longer viable and cannot be saved will inevitably move forward with a divorce. As they prepare for the future, they will want to be on solid ground with the items from the marriage and prior to the marriage they are entitled to.