What issues need to be addressed in a Dissolution of Marriage?
Generally speaking, there are two categories of issues that need to be addressed in a divorce. The first one relates to any children of the marriage. The second one relates to the property division. The issues of custody, parenting time, and child support will need to be resolved, either through agreement or at a hearing before a Judge. The resolution of property division issues will involve such assets as the marital residence, retirement plans, life insurance policies, personal property, bank accounts, business interests, gifts, and inheritance, among other things. In addition, any property division applies to debts and liabilities of the marriage as well. In Indiana, all the assets and liabilities of the marriage make up the “marital pot.” The presumption under the law is that the “marital pot” shall be divided 50/50 between husband and wife, except where the evidence shows that the division should be otherwise.
