Indiana operates beneath an equitable distribution mannequin for dividing marital belongings throughout divorce proceedings. This implies the courtroom goals for a good, however not essentially equal, cut up of property and money owed. A number of components affect this division, together with every partner’s contribution to the acquisition of marital property, their financial circumstances, and their conduct in the course of the marriage.
Equitable distribution displays the truth that contributions to a wedding usually are not at all times financial. One partner may concentrate on profession development whereas the opposite manages the family and raises youngsters. The regulation acknowledges the worth of each contributions. Fault within the dissolution of the wedding, resembling infidelity or abuse, may affect the courtroom’s choice concerning asset division.