Indiana operates under an equitable distribution model for dividing marital assets during divorce proceedings. This means the court aims for a fair, but not necessarily equal, split of property and debts. Several factors influence this division, including each spouse’s contribution to the acquisition of marital property, their economic circumstances, and their conduct during the marriage.
Equitable distribution reflects the reality that contributions to a marriage are not always monetary. One spouse might focus on career advancement while the other manages the household and raises children. The law recognizes the value of both contributions. Fault in the dissolution of the marriage, such as infidelity or abuse, can also influence the court’s decision regarding asset division.