Options for Divorce
Divorce is rarely a pleasant process, and it can get extremely expensive. Oklahoma oil man Harold Hamm shelled out $995.5 million in his recent divorce. The most expensive divorce ever belongs to Dmitry and Elena Rybolovleva. A Swiss judge ordered Dmitry, a Russian oligarch, to pay Elena an astounding $4.5 billion. The average divorce In […]
Spousal support: what kind of information should be saved?
While not every divorce includes a provision for spousal support, when it does, it may be hotly contested by both sides. For example, either spouse in Oklahoma may dispute the award, claiming it is either too high or too low. Accordingly, a spouse may fail to correctly report their alimony payments (either receiving or paying) […]
Spousal support laws can vary greatly between states
Many married couples in Oklahoma may find themselves moving out of the state, and many couples married in other states move to Oklahoma. Moving during a marriage is not unusual. It could be due to a job transfer, to be closer to family or for many other reasons, both financial and personal. And, just as […]
In what situations may a prenuptial agreement be useful?
While it may not be romantic, some soon-to-be married couples in Oklahoma may find that before they walk down the aisle, drafting a prenuptial agreement is the responsible thing to do. In fact, there are several scenarios in which a prenup may be a useful means to protect the financial interests of both parties. For […]
Moving from married to single financially after divorce
It is no secret that many in Oklahoma find it cheaper to live together as a couple than to live singly. However, after a divorce, spouses must become financially independent. It is important in times like these for a spouse to make sure he or she has a good grasp on finances, along with other […]
Debt and divorce can go hand-in-hand in Oklahoma
It is an unfortunate fact that divorce and debt can go hand-in-hand. It is not unheard of for a spouse in Oklahoma to be surprised to learn during the divorce proceedings that the other spouse took out credit cards and other debts in the spouse’s name without the spouse’s agreement or even knowledge. Unfortunately, with […]
Oklahoma Supreme Court dismisses oil magnate’s ex-wife’s appeal
Readers of this blog may have been following the divorce drama between Oklahoma oil magnate Harold Hamm and his ex-wife. Recently, the court denied an appeal brought by Hamm’s ex-wife to the Oklahoma Supreme Court regarding the couple’s divorce case. Back in November 2014, a district court in the state of Oklahoma ruled that Hamm’s […]
Reasons not to ignore retirement after a divorce in Oklahoma
Many residents of Tulsa, Oklahoma, spend years amassing retirement savings. Yet when it comes to divorce, one’s eventual retirement may be the last thing on one’s mind. However, one should keep in mind that retirement assets, just like any other asset, will go through the property division process following a divorce. This is especially important, […]
Legal help can be sought for Oklahoma property division cases
Property and debt division can be a much-debated topic in any Oklahoma divorce. After all, one can become very attached to certain possessions, particularly those that hold sentimental value. In addition, neither spouse wants to be burdened with an unfair amount of the marital debts. Because of this, many Oklahomans seek legal help when it […]
Studies reveal common factors that lead to divorce
Each divorce in Oklahoma is unique and complex in its own manner. There are often many factors that lead a couple to decide that they are best off ending their marriage. The following are some major factors that studies have found have the potential to lead to divorce. One very common factor that may lead […]
