Complex Property Division

Going through a divorce is already stressful, but dividing property can feel like an impossible task—especially when it involves valuable assets like your home, a business, or retirement savings. It’s not just about numbers; it’s about your future stability and peace of mind. At Crell Law, we get it. We’re here to help shoulder that burden and guide you through every step, making sure your rights and interests are protected.

Property Division in Indiana – What You Need to Know

Indiana is an equitable distribution state, meaning marital property is divided fairly, which doesn’t always mean equally. Courts typically begin with the assumption of a 50/50 split for assets and debts, but factors such as contributions to the marriage, earning potential, and economic circumstances can influence the final distribution.

Marital property includes assets acquired individually during the marriage and jointly acquired property. However, assets gained as gifts, inheritances, or pre-marital property may sometimes be excluded from the divisible estate.

What Makes Property Division Complex?

Some assets present unique challenges when it comes to division. Our team is here to help with even the most complicated cases involving major assets such as:

Marital Home: If you or your spouse want to keep the family home, we’ll work to find solutions like buyouts or co-ownership agreements.
Businesses: Whether you’re a business owner or your spouse is, Crell Law can assist with business valuation and equitable division strategies. Do you want to retain ownership or split profits? We’ll craft a strategy customized to your goals.
Retirement Accounts: Pensions, 401(k)s, and IRAs require precise calculations and legal documents such as Qualified Domestic Relations Orders (QDROs) to divide fairly.
Real Estate: Investment properties or vacation homes can involve intricate division strategies, which we have the skills to handle.
High-Value Assets & Collections: Art, jewelry, and other prized collections can lead to disputes. We’ll help determine their value and devise options for division.

Strategies for Dividing Property

There is no one-size-fits-all approach to property division, but here are some common methods Crell Law employs to secure optimal outcomes:

Dividing Property in Kind: Physical assets are split, with each spouse receiving a fair portion. For instance, one party may receive the home while the other gets equivalent assets.
Buyouts: One spouse keeps a particular asset (like a business or home) by compensating the other spouse for their share.
Selling & Splitting Proceeds: For assets that can’t be physically divided, like real estate, selling and sharing the profits often make sense.
Creative Negotiations: Using mediation or collaborative methods, we help clients achieve customized solutions that work for both parties.

Why Choose Crell Law?

At Crell Law, we genuinely care about the well-being and future of each client we serve. We understand that navigating legal challenges can be overwhelming, and our team is committed to providing compassionate, personalized support every step of the way. Your success is our priority, and we work tirelessly to help you achieve the best possible outcomes. By choosing Crell Law, you’re not just hiring legal representation—you’re gaining a dedicated partner who truly believes in your goals and is invested in your success.

Take the First Step Toward Resolution

Navigating a divorce involving complex property division doesn’t have to be intimidating. The attorneys at Crell Law are committed to protecting your assets, advocating for your best interests, and securing your future. Take control of your legal matters today. Contact Crell Law for a confidential consultation and see how our experienced team can help you achieve the fair outcome you deserve.