Dividing Property Fairly In Your Divorce

You've come to a parting of ways, probably with considerable emotional trauma. But now it's time for you and your soon-to-be-ex-spouse to divide your marital assets and debts fairly and move forward with your lives.

Lafayette attorney Cynthia P. Smith can guide you capably and confidently through this process. She has the skills and experience in litigation and mediation to protect your interests throughout the divorce process. Give her a call at the Law Office of Cynthia P. Smith to arrange a confidential consultation about your specific situation.

What Particular Property Division Issues Do You Face?

In legal terms, Indiana is an equitable distribution state. In practical terms, this means that judges do not necessarily have to divide your marital property 50-50 in the divorce process. The goal is to make it fair.

But every divorce is different. With a quarter century of experience as a lawyer, Cynthia P. Smith can help you address issues that include:

  • High-asset divorce — Dividing substantial assets in a divorce can raise many complex financial issues. There is a high potential for conflict and a greater likelihood of trial than in other divorce cases. With a strong background in both litigation and mediation, Cynthia P. Smith is skilled at resolving these cases.
  • Business ownership — We have handled divorces involving businesses of all types, from private physician practices to major local retail businesses. The challenges vary depending on the type of business and how it is owned. We know how to efficiently and effectively sort the issues in pursuit of a positive outcome and a fair division of property.
  • Farm divorce — Complicated issues may arise in a farm divorce. First of all, there are issues of marital property versus nonmarital property, as the farm may have been inherited by one spouse. Then there are valuation issues. With the price of land soaring, the value of the land today may be substantially different than the value of the land two years ago. Farm equipment such as tractors can be worth hundreds of thousands of dollars or more, so it is important to see that it is valued properly.
  • Retirement and investment accounts — You don't want to lose out on your fair share of pensions, 401(k)s and investment accounts. Making sure these accounts are divided properly requires proactive and knowledgeable advocacy.
  • Dividing up debt — It isn't only assets that have to be divided in a divorce. Debt does, too.

If you and your spouse are getting divorced and have a prenuptial agreement, that agreement will be key in dividing your property. Cynthia P. Smith can help you determine whether the prenup is enforceable and, if so, what effect it will have.

Schedule A Confidential Consultation

To arrange a confidential consultation at the Law Office of Cynthia P. Smith, call 765-420-8040 or complete the online form.