One of the most contentious issues in many divorce actions is working out all the issues to arrive at a property division agreement that is fair and equitable. When identifying and evaluating marital property, it is critical to have a divorce lawyer on your side who can help effectively represent you and protect your short-term and long-term interests.

Some Common Questions:

What is marital property? In an action for dissolution, marital property consists of property (1) owned by either spouse before the marriage; (2) acquired by either spouse in his or her own right: (a) after the marriage; and before the final separation of the parties; or (3) acquired by their joint efforts.

How does the court divide marital property? The State of Indiana uses a method referred to as “equitable distribution.”  The court presumes that an equal division of the marital property between the parties is just and reasonable. However, this presumption may be rebutted by a party who presents relevant evidence that an equal division would not be just and reasonable. That evidence may include the following factors: (1) the contribution of each spouse to the acquisition of the property, regardless of whether the contribution was income producing; (2) the extent to which the property was acquired by each spouse before the marriage or through inheritance or gift; (3) the economic circumstances of each spouse at the time the disposition of the property is to become effective; and (4) the conduct of the parties during the marriage as related to the disposition or dissipation of their property.

At the Law Office of Karl E. Hand, P.C., we are here to help people throughout Northwest Indiana with property division components of their divorce filings. We skillfully represent clients throughout Lake County, Porter County and the surrounding towns, areas and counties. We encourage you to contact us today and schedule a free, confidential initial consultation to discuss your needs and goals.

Detailed Marital Property Division

Through tough, professional negotiation and aggressive representation, we will work toward achieving fair and equitable division of all your assets, such as:

~Personal property

~Bank accounts and investment funds

~Pension Plans, 401(k) plans and other retirement accounts

~Real estate

~Any other assets that may be subject to marital property division laws in Indiana

Our Northwest Indiana property division lawyer will work with experts when necessary to ensure that complicated assets are valued correctly for the purposes of division. We are committed to helping you structure an agreement that resolves all outstanding issues and will be approved by the court.

At the Law Office of Karl E. Hand, P.C., we know that hiring an attorney means money out of your pocket. Our firm is dedicated to finding solutions to your divorce disputes outside of court when possible. Our litigation experience often helps us prepare for aggressive representation during negotiation, mediation and court, when necessary. We have the skill and experience to litigate aggressively on your behalf when the other side refuses to come to a fair agreement or settlement.

Contact Our Northwest Indiana Divorce Lawyer Today

Small Firm, Big Results: Call or contact us by e-mail to schedule a no-charge consultation with a divorce attorney at our Schererville law office. We are always available via e-mail and cell phone.