
What Is Considered an Asset in Divorce?
- November 30
- CLLB Law
- Divorce
After a marriage ends, countless questions typically arise. One of the first questions many couples ask our attorneys is, “What exactly are considered assets in a divorce?” In Indiana, any property is considered an asset during a divorce settlement, regardless of how it was obtained. Because Indiana is not classified as a community property state, none of your assets will be considered community property. Divorce usually results in a 50/50 division of assets, but some circumstances can result in an unequal distribution, depending on various contributing factors. What Are Considered Assets in a Divorce Settlement? Joint ownership is established for any and all assets, and includes a ...