Indiana Couple's Divorce Results in Unequal Asset Division Over Hidden Funds in Rental Business
A divorce dispute between an Indiana couple, Vernon and Nichole McIntosh, who built a portfolio of rental homes during their marriage, has resulted in an unequal division of assets.
By News Rush Point Desk

A divorce dispute between an Indiana couple, Vernon and Nichole McIntosh, who built a portfolio of rental homes during their marriage, has resulted in an unequal division of assets. The Indiana Court of Appeals upheld the trial court's decision to award Nichole 55 percent of the marital estate and a $138,219 property settlement payment from Vernon. This decision was made due to Vernon's alleged dissipation of marital funds, including transferring $62,000 from a joint account into an account his wife could not access, just days before filing for divorce. The dispute serves as a reminder of the complexities that arise when one spouse controls the money and records in a rental property business during a marriage.
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