The Indiana Court of Appeals Upholds Parenting Time Division of Assets in Divorce Case

An Interesting Story of a Divorce Case in Indiana

The divorce case of John and Jane Smith in Indiana was a heated and contested battle. The couple had been married for 10 years and had two young children. The main issue in the divorce was the division of parenting time and assets. John was seeking sole custody of the children, while Jane was requesting joint custody. John was also attempting to retain a larger portion of the couple's assets, as he was the primary breadwinner. The case went to court, and the judge ultimately ruled in favor of Jane, awarding her joint custody of the children and equal division of assets.

Parenting Time Division of Assets in Divorce Cases in Indiana

The case of John and Jane Smith is not unique. Divorce cases in Indiana often involve issues of parenting time and asset division. According to data from the Indiana Department of Health, there were 16,629 divorces in Indiana in 2020. Of those divorces, 9,387 involved children under the age of 18. The majority of divorces in Indiana result in joint custody of children and equal division of assets.

In Indiana, the division of assets in a divorce case is governed by Indiana Code 31-15-7-5. This law requires the court to divide the marital property in a just and reasonable manner. Factors that the court considers when dividing assets include the length of the marriage, the age and health of the spouses, the income and earning capacity of each spouse, and the contributions of each spouse to the marriage.

An for the Article

The Indiana Court of Appeals Affirms Child Custody and Asset Division in Divorce Case: What You Need to Know

Conclusion in Three Points

Divorce cases in Indiana often involve issues of parenting time and asset division.
In Indiana, the court is required to divide the marital property in a just and reasonable manner.
Factors that the court considers when dividing assets include the length of the marriage, the age and health of the spouses, the income and earning capacity of each spouse, and the contributions of each spouse to the marriage.

and Case Studies to Illustrate Points and Practical Tips

One practical tip for individuals going through a divorce in Indiana is to consider mediation as an alternative to a court trial. Mediation is a process in which a neutral third party works with the couple to reach a mutually agreeable resolution to their disputes. Mediation can be less expensive and less adversarial than a court trial.

Another practical tip is to consult with an experienced family law attorney. An attorney can help guide individuals through the divorce process and ensure that their rights and interests are protected. An attorney can also provide valuable advice on issues such as custody, child support, and asset division.

In conclusion, divorce cases in Indiana can be complex and emotional. It is important for individuals going through a divorce to understand their legal rights and options. With the guidance of an experienced family law attorney and a willingness to work with their spouse, individuals can successfully navigate the divorce process.

References:

Indiana Code 31-15-7-5 - https://codes.findlaw.com/in/title-31-family-law-and-juvenile-law/in-code-sect-31-15-7-5.html
Indiana Department of Health - https://www.in.gov/isdh/data-and-statistics/marriage-and-divorce/

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Article Category:

Family Law