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Protecting Your Assets With Experienced Indianapolis Property Division Lawyers

In Indiana, equitable distribution laws determine how property is divided between spouses. Rather than splitting everything 50/50, the court considers various factors to decide what is fair. Marital assets, including real estate, bank accounts, investments and debts, are all subject to division. Whether you own a family home, rental properties like condos or houses, or business interests, having an Indianapolis property division lawyer is crucial to protect your financial interests.

At Bernhardt Phillips, LLP, we have extensive experience handling complex divorce law cases, including those involving marital assets and property division in Indianapolis. Our team of skilled attorneys is committed to advocating for your rights and working toward a divorce settlement that protects your future. Free initial consultations are available.

How Is Property Divided In An Indiana Divorce?

Under Indiana divorce law, courts follow the principle of equitable distribution. This considers several factors, such as:

  • The length of the marriage
  • Each spouse’s financial standing
  • Contributions to the household or business
  • Future earning potential

Assets such as the family home, rental properties, vehicles, retirement accounts and debts accumulated during the marriage must all be evaluated. Our knowledgeable Indianapolis property division lawyer can provide essential guidance to help you secure what is rightfully yours.

What Is The Process For Settling Property Division In An Indiana Divorce?

The divorce settlement process begins with identifying all marital assets and debts. Spouses must disclose financial information, including real estate holdings such as condos, rental homes and commercial properties.

If an agreement cannot be reached through negotiations or mediation, the case may proceed to court, where a judge will decide.

If property needs to be sold during the divorce, the proceeds are divided according to equitable distribution principles. Factors such as market value, outstanding debts and each spouse’s financial need will influence the decision.

Secure Your Financial Future During Your Indiana Divorce

At Bernhardt Phillips, LLP, we are dedicated to helping those in Indianapolis protect their rights and assets throughout the divorce settlement process. Call 317-565-7744 or contact us online today for a free consultation with our experienced Indianapolis property division lawyers.