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Child abuse cases are prosecuted harshly under Indiana law. You can expect to navigate allegations of child abuse through the INavigating a divorce can be complicated, even when both parties are on the same side. Matters can be exponentially more difficult when one party attempts to go through the case unlawfully or unethically. One common issue Indiana families can face in divorce cases is hidden assets. A spouse may attempt to shield assets in order to retain control over them when property is divided in a divorce. A Southern Indiana hidden assets lawyer can help you in situations like this.
Divorce rates in Indiana are significantly higher when compared to the national average, ranking in the top 10 states with the highest divorce rates. It’s estimated that about 50 percent of the population is married.
There are many different matters that must be settled in a divorce case, depending on the details of the marriage. One of the most common tasks that must be completed is property division. Under Indiana law, judges try to divide property as evenly as possible, but it’s possible for one spouse to receive more if it is deemed what is fairest. An experienced Family Lawyer can help protect your financial interests and advocate for a fair division of assets during the divorce process.
Sometimes, a spouse may try to hide assets in order to hold onto specific pieces of property or to secure a larger portion of the shared property regardless of what the court decides. If you think that your spouse is trying to hide assets in a divorce, it’s imperative that you start gathering evidence and building a case right away. It’s also recommended that you hire a hidden assets lawyer.
The legal discovery process is the primary method for uncovering hidden assets in a divorce case. The discovery process involves the use of legal tools like depositions and interrogatories under oath. You can subpoena financial records, complete a lifestyle analysis, and review recent tax statements and returns. It’s also wise to check for digital assets such as cryptocurrency wallets, digital transactions, and online accounts.
A Southern Indiana hidden assets attorney can handle the discovery process and every step that follows. Our team at Straw-Boone Doheny Banks Mudd Catalano & McKinney, PLLC, has helped clients through hidden asset cases in the past. We’re familiar with tactics used by the opposing spouse and the defense strategies their lawyer is likely forming with them. You can count on us to get to the truth, so you reach a fair resolution for your case.
Common manners of hiding assets in Indiana include:
It’s critical that you look out for signs that your spouse is attempting to hide assets in a divorce. The earlier you catch on to their tactics, the faster you can go about settling your divorce the right way. It can be challenging to uncover their actions on your own, but it helps to know what to look for during a divorce. Common red flags can include:
If you even think that your spouse may be hiding something, you can contact a Southern Indiana hidden assets lawyer who can help you find the answer.
No, Indiana is not a community property state for divorce. It is known as an equitable distribution state. However, Indiana’s equitable distribution law does vary slightly from other states that follow similar rules.
Usually, judges divide property based on what is fair, which does not automatically mean an equal 50-50 split. Under Indiana law, judges are required to start with a presumption of equal division and deviate from there if evidence is provided to support a different solution.
How you demonstrate that your spouse is secreting assets in a divorce in Southern Indiana can vary from case to case. In order to uncover hidden assets, you must form a solid case backed by evidence through your own documentation and formal discovery.
Hiring a hidden assets lawyer is highly recommended to help build your case. You can work with a forensic accountant and other relevant professionals to build your case as well.
The penalties for hiding assets in a divorce in Southern Indiana can vary depending on the case. Hiding assets is considered fraud under Indiana law, which could mean significant fines, legal fees, and possible jail time.
Additionally, you may be ordered to pay the other spouse’s lawyer and associated fees, and the court may award the innocent party a bigger property share. Sometimes, they may be awarded all of the concealed assets.
The most common types of assets hidden in hidden asset cases in Southern Indiana typically include assets with sentimental value or monetary value. Common categories of assets that are examined in hidden asset cases include:
It’s possible for your spouse to utilize multiple methods of hiding assets. You can hire a hidden assets lawyer and forensic accountant to uncover everything for you.vidence against you to support their case. Your job is to discredit this evidence in as many ways as possible.
Straw-Boone Doheny Banks Mudd Catalano & McKinney, PLLC, brings over three decades of family law experience to the table. You can count on us to represent all your interests in and out of the courtroom. This includes investigating hidden asset cases and gathering evidence to secure the property that is rightfully yours. If you’re ready to discuss your case in more detail, reach out to the office to schedule a consultation today.
Melanie Straw-Boone has been my family law attorney for years. She’s the best! She’s highly knowledgeable about the law. She’s a legal strategist. She represents her client’s best interest, and is an excellent communicator.
Melanie Straw-Boone Has been my attorney in family law for several years. She has been the attorney for many of my friends as well and came highly recommended. I can understand why as Melanie is impressive. Not only does she have thorough and extensive knowledge of law, she is also…
I got divorced after 30 years and Peter was an incredible support from the beginning of the process through the end and well beyond.. I was unbelievably lucky to have found them. I dont think I would be in such a good place mentally and financially without them!! 10/10 recommend!!
Melanie is truly top-tier. She’s an excellent communicator, incredibly reliable, and has a deep, working knowledge of the system that shows up in every interaction. I always felt informed, supported, and confident that nothing was being missed. If you want someone who is sharp, responsive, and exceptionally capable, Melanie is…
I am very happy with the staff of the firm. Always very professional and helpful. Michele was my attorney for my divorce. Overall I was happy and was glad we were able to wrap this process up as soon as we could. A very good firm. They know what they…
With deep roots in Louisville, you can trust our history of success. Our attorneys are adept at navigating the delicate balance between vigorous advocacy and the preservation of family harmony. If you are facing family law concerns, contact Straw-Boone Doheny Banks
Mudd Catalano & McKinney, PLLC.
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