How is intellectual property divided in a divorce?
Dividing assets during a divorce creates challenges, especially when intellectual property plays a role. Intellectual property (IP) includes copyrights, patents, trademarks, and trade secrets. These assets hold significant financial and professional value, making...
How can hidden assets get uncovered during a high-asset divorce?
In a high-asset divorce, both parties must fully disclose all financial assets. However, it’s not uncommon for one spouse to hide assets in an attempt to keep them out of the divorce settlement. Reviewing financial statements One of the first steps to uncovering...
What can you do if a spouse hides assets during divorce?
Divorce can be challenging, and it becomes more complicated when one spouse hides assets. Understanding your legal rights is crucial if you suspect that your spouse is not being truthful about their financial situation. Recognizing hidden assets in divorce A spouse...
Property valuation for substantial assets
If you and your spouse divorce in Indiana, you will need to divide your assets. If you have substantial assets, like real estate, businesses, investments or other similar items, it may be necessary to have a property valuation. Valuation process In most cases, the...
Tips for business owners filing for divorce
Many people going through a divorce are concerned about protecting their most valuable assets to ensure financial stability in the future. For example, business owners may have invested significant time and money into their business, and therefore, want to make sure...
Property distribution options for small business owners facing divorce
Property distribution and settlement pose challenges in any divorce, but owning a small business creates a new set of concerns. There are several steps to the divorce distribution process for your small business that you should consider. How much is your business...
Dividing vacation homes in an Indiana divorce
Vacation homes hold sentimental value and represent cherished memories for couples and their families. Divorce can present complex challenges and emotional hurdles, particularly when it comes to dividing assets like vacation homes. Here are some of the factors that...
Equitable distribution of property in an Indiana divorce
An integral part of divorce is the asset division process, and couples who were together for many years often have many assets to divide. In Indiana, there is a legal presumption that the marital estate (meaning all assets and debts) will be divided equally, although...
What happens to the vacation home in a divorce?
Spouses commonly question what will happen to real estate property during divorce proceedings. Before you start the process, it may help to understand the concepts and rules that govern the division of property during a divorce in Indiana. Indiana marital property law...
Using a real estate appraiser in a high asset Indiana divorce
All divorces can be difficult. For high-asset couples, the process can be especially stressful because the division of assets can require more effort and generate more anger and stress. For most couples, including high-asset couples, the single biggest asset in the...