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Oklahoma Basic Marital Property Law. Oklahoma courts are required to make an equitable division of property acquired during a marriage. Tigert vs. Tigert, 1979 OK CIV APP 14, ¶6. “An equitable division, however, does not require an equal division.”. Id. The Oklahoma trial courts are vested with wide discretion in dividing property, so much ...
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Mar 7, 2021 · Oklahoma defines marital property as all property and assets gained by either spouse during marriage. Some commonly cited examples of marital property likely to be subject to division under Oklahoma’s equitable distribution law include: Income earned by both spouses during their marriage. Real property, such as a home, purchased by the couple ...
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Jun 20, 2016 · The possessions acquired by a married couple in the course of the marriage are referred to as marital property, although this distinction doesn't come into play unless a couple is getting divorced. State laws regulate the division of property (including debts and other assets and liabilities) upon the dissolution of marriage.
Oklahoma doesn't allow alimony awards that will last for an indefinite amount of time. Even though Oklahoma law doesn't apply labels to different types of post-divorce alimony, that doesn't mean that judges won't apply the underlying principles of rehabilitative and long-term alimony in making their decisions on the amount and duration of an ...
Aug 2, 2018 · Yes, she can stop the sale. The property is more than likely marital property even if she did not contribute financially to the property. As a part of a divorce, the court will force the sale of the property and the split any equity in the property.
Well, yes, spousal support, alimony, it is a thing in Oklahoma, and the law does not give a lot of rules on it. So, judges have wide discretion in determining what is appropriate.
What are the basics of marital versus separate property: Marital property generally is property purchased during marriage, with marital funds or property that the couple chooses to treat as marital property. Separate property generally is property owned by a spouse before marriage which retains its separate status during marriage because it is ...
