Financial Division

Unless you and your spouse have a Prenuptial or Postnuptial Agreement, all assets and all debts, as of the date of the Petition for Dissolution, are considered marital property. It does not matter if the asset or debt is in one person’s name, and it does not matter whether the assets or debts are in both people’s names.

Indiana requires an ‘equitable’ division of all assets and debts. ‘Equitable’ usually means equal, but a court can use a different percentage in certain cases.

Some courts require parties to complete a list of assets and debts, called a Financial Declaration or Financial Inventory. You may use such a form if you wish to, even if your county does not require it. You should also bring documentation of each asset or debt. For example, for a vehicle, you could bring a printout of the value of the vehicle from an online website. For a bank account, a copy of the statement. Be sure to completely redact (black-out) all but the last four digits of any account number, routing number, and/or Social Security Number.

Here are the forms for the District 10 Counties: