Sec. 7. The court, in determining what is just and reasonable in dividing property under this chapter, shall consider the tax consequences of the property disposition with respect to the present and future economic circumstances of each party.
Ind. Code § 31-15-7-7
Tax consequences of property division
Applied in 2 court decisions — leading case Marriage of Hiser v. Hiser (1998)
Most recently applied in Marriage of Dowden v. Allman (June 1998)
As added by P.L.1-1997, SEC.7.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.