How Is Property Divided in a Tulsa Divorce?
Oklahoma is an equitable distribution state when it comes to the division of property. Unlike a community property state, marital assets are not divided 50-50 between spouses. Instead, the judge will look at the unique circumstances of a couple’s divorce and determine a fair and equitable split. Though an equitable split may be equal, it doesn’t have to be. Marital vs. Separate Property Not all property is up for asset division. Only marital property is split between spouses. Separate property is not divisible, although there are cases when the separate property becomes marital property. Marital Property Marital property refers to