Division of Marital Assets and Debts Can Sometimes Get Very Complicated

A couple’s finances can sometimes get pretty complicated during divorce.

Take an Indianapolis couple as an example.

Husband and Wife operate an investment company together.

Presumably anticipating Wife filing for divorce the next day, Husband and his reported girlfriend, board his private plane, bound for Florida. This is captured on airport video surveillance.

Then law enforcement enters Husband’s and Wife’s home, seizing computers and money, and freezing the married couple’s assets. Husband allegedly has defrauded customers out of millions of their dollars.

Husband returns to Indiana. Then Husband boards his private plane again, once more bound for Florida and, reportedly, his girlfriend.

But Husband signals distress and bails out of the plane before landing. It seems Husband wants authorities – and Wife – to give him up for dead.

But instead Husband is found – and is now in jail, on Federal charges – with state charges to follow.

It is unclear whether Wife ever participated in Husband’s alleged fraud.

What is the marital property? Marital debts? How shall they be divided between the Husband and Wife?

Gets pretty complicated indeed ….

Read more in this MSNBC / WTHR TV article: Video shows Schrenker preparing for flight.