Property Division Lawyer Serving Fort Wayne, Indiana
Dividing property during a divorce is one of the most critical aspects of the process. Indiana follows an “equitable distribution” system, meaning marital property is divided fairly, though not equally. Property includes assets like homes, vehicles, retirement accounts, businesses and personal property. Given the surrounding legalities, working with an experienced family law attorney can protect your rights and secure a favorable outcome.
At Adolf Law Office, we handle property division cases in Fort Wayne, Indiana. Our team of skilled lawyers is well-versed in state laws and works diligently to help clients understand their rights and obligations. We are committed to advocating for you, whether your case involves high-value assets, real estate holdings or complicated financial matters. With our legal knowledge and client-focused approach, we strive to achieve fair property division settlements that reflect your interests.
Marital Vs. Separate Property: Key Factors In Property Division
One of the first steps in property division is determining what qualifies as marital property and what remains separate. Marital property includes assets acquired during the marriage, while separate property is assets owned before the marriage or received as gifts or inheritance.
However, in some cases, separate property can become marital property if it has been commingled or used for shared purposes. Several factors influence how assets are divided, including:
- The length of the marriage
- Each spouse’s financial contributions
- Earning potential
- Future needs
Additionally, courts consider whether one spouse contributed as a homemaker or sacrificed career opportunities to support the family. Our lawyers assess these factors carefully, crafting strategies to help you achieve a fair and just property division.
Dividing Debts In A Divorce
Just as assets must be divided, so must debts. Liabilities such as mortgages, credit card balances, car loans and medical bills are all subject to division.
In Indiana, both spouses may be held responsible for debts incurred during the marriage, even if only one person’s name is on the account. Our attorneys work to minimize your financial burdens by negotiating fair debt allocation and protecting you from unnecessary liabilities.
Secure Your Financial Future
If you are going through a divorce in Fort Wayne, Indiana, Adolf Law Office can provide the guidance and representation you need. Call 260-208-4112 today or reach out online and let us help you achieve a fair resolution in your property division case.