When a family business becomes part of a divorce, it can bring complex challenges for both spouses. Dividing assets, especially a business, requires careful handling to make sure everyone gets a fair deal. Understanding how a family business gets divided in an Indiana...
Divorce
Can child support affect spousal support in Indiana?
Child support and spousal support, often referred to as alimony, are important factors in many Indiana divorce proceedings. A common issue is whether child support can influence spousal support arrangements. It can, depending on the situation. Child support in Indiana...
3 reasons to consider mediation for a high-end divorce
As a marriage unfolds, divorce eventually ends up in the conversation. With Indiana ranking as one of the states with the highest divorce rates, you know many others have gone through similar situations. For couples who have accumulated wealth, things often get more...
How assets get divided in an Indiana divorce
Under Indiana law, most property acquired during a marriage is part of the marital estate. If the parties get divorced, the court will divide this property equally between the two parties. A divorcing party may petition for an unequal division if they can show factors...
Will divorce split your business apart?
If your marriage reaches a point at which divorce is the best thing for yourself and for your children, then it is for the best that you go your separate ways. However, there are many concerns to address before the divorce process comes to a conclusion. Entrepreneurs...
Modifying child custody due to a job transfer
Your divorce is final and you have an established custody arrangement for your children, but your employer asks you to relocate. You want to make good career moves, but as the custodial parent, you have a responsibility to make sure your minor children can maintain a...
Is a collaborative divorce right for you?
If you find your marriage is not working anymore, it may be because you and your spouse have grown apart. You two still get along, but it is time to go your separate ways. Your divorce process may be easier than others because you will not contest it. You both agree...
Talking to kids about divorce
Telling your children that you and your spouse intend to divorce is one of the most difficult things that you may ever do as a parent. However, like most difficult things in life, it is better to do it as soon as possible. Putting it off does not make the conversation...
3 advantages of divorce mediation
Ending a marriage is difficult, but it does not have to entail a dramatic court battle. If the circumstances are right, you and your spouse may choose mediation to settle your divorce. While mediation can lead to a less acrimonious divorce, it is not a do-it-yourself...
Holding on to or splitting a business during a divorce
To a dedicated entrepreneur, a business could be as precious as a child, and protecting his or her "baby" during a divorce may reflect a vital issue. When a company started before an individual married, however, an Indiana judge generally considers it as separate...