Property Division

Family Law
Property Division

Indianapolis Property Division Attorneys

Property Division

Divorce is one of the most difficult experiences many people will encounter. In addition to the mental and emotional challenges, there are complex logistical issues to address, like property division. Dividing assets and debts can be one of the most contentious issues in a divorce.

At McNeelyLaw, we understand that dividing assets and debts can be quite complicated in divorce. That is why we are committed to helping clients overcome legal challenges and find the best path forward in the divorce process. Our Indiana property division attorneys help clients assert their rights and interests when dividing property.

Equitable Division in Indiana

Indiana is an equitable division state when it comes to dividing assets in a divorce. This means that both pre-marriage and marital property may be subject to fair – but not necessarily equal – asset division.

The best way to ensure that your separate property remains yours if your marriage ends in divorce is to create a prenuptial agreement before the marriage to spell out who owns which assets.

Factors Considered When Dividing Property in Indiana

In Indiana, a couple’s property is typically divided equitably when the couple divorces. This means that the property is not necessarily divided equally but rather fairly based on the circumstances of the case, including:

  • The length of the marriage
  • The age and health of each spouse
  • Whether one spouse contributed more to acquiring or maintaining property than the other
  • The current and future income and earning potential of each spouse
  • The needs of any children involved
  • The value of each property item

When considering all these factors, it is important to remember that no two divorces are exactly alike. Therefore, the division of property may not be exactly equal in every case. Consult an Indiana property division attorney to learn more about how property may be divided in your particular situation.

How a Property Division Attorney Can Help

It is best to discuss your situation with an attorney before filing for divorce, if possible, especially if you have specific goals for property division agreements. This way, your attorney will have the time to understand your case and provide legal advice tailored specifically for you. An experienced lawyer will know what documents and evidence are needed, how to handle negotiations with your soon-to-be ex, and how to ensure that all of your rights are protected throughout the process.

When filing for divorce, it’s important to remember that you don’t have complete control over how the proceedings go, and some level of compromise is usually necessary. Having an experienced lawyer on your side may provide reassurance during such a difficult time. Knowing that someone is looking out for your best interests can provide peace of mind during an otherwise tumultuous period of life.

Contact Indiana Property Division Attorneys at McNeelyLaw

At McNeelyLaw, we strive to ensure that our clients are treated fairly in the divorce and property distribution process. Our Indiana property division attorneys have the skills and experience to assist you in dividing the property according to the law while also protecting your assets. Call our office today or send us a message online to schedule a case evaluation with our attorneys.

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