Whether you are contemplating or undergoing a divorce in Indiana, it is important to know what to expect in terms of property division so that you can adequately begin planning for your post-marriage future.
Depending on each specific divorce, it is possible alimony could be a part of the final settlement. To the spouse who receives the monthly payment it can be what enables them to live a life that is similar to what they had when married. How long it will continue will depend on a variety of factors including the amount of time the couple was married and the responsibilities each maintained during the union.
For most people, dividing property in a divorce is undoubtedly one of the most stressful aspects of the process. The first step is determining which property needs to be divided. In the state of Kentucky, marital property will be divided. Many different types of property fall under this umbrella and at times there is ambiguity about whether something should be categorized that way.