Oklahoma City Divorce Lawyer for Property Division
Divorce can quickly become more challenging than anticipated, especially when the time comes to divide up property, bank accounts, and other spouse-owned property.
That makes it all the more important to appoint Oklahoma City divorce lawyers that will carry out reliable and thorough work to understand what the couple owns and how to achieve equitable distribution.
Some cases are more complex than others. Some spouses have separate property that, ideally, they would prefer not to be considered as part of divorce arrangements. Meanwhile, couples with business interests may have to consider corporate contracts and, where each owns a separate entity, the division of respective companies.
Cannon & Associates serves clients throughout Oklahoma City and surrounding areas, and are standing by to provide the best possible legal services to aid in reaching the most desirable outcome.
Our professional services are designed for positive outcomes in family matters, and we will work tirelessly to ensure a fair and equitable agreement for former spouses in Oklahoma City. At no point are the people we work with ever considered just another customer, and we’ll work with you to the extent of family law to understand the marital estate and find the best possible solution for property distribution.
The attorney-client relationship begins with a free consultation, and you can reach out to our law firm at our Oklahoma City office for all your legal needs at any time at 405-591-3935.
Dividing Marital Property Under Oklahoma Law
Oklahoma City, along with the rest of the state, is subject to the Equitable Distribution Law. Under this law, the goal is not to divide assets equally, but fairly. As such, it takes into account every aspect of the previous partnership while considering child support, spousal support, and retirement benefits.
Oklahoma’s Equitable Distribution Law considers property that may have been owned before the marriage or anything acquired by way of gift or inheritance. This is considered separate property and will generally not play a part in an Oklahoma divorce.
Meanwhile, anything clearly shared between a couple will be subject to asset division. Your attorney will provide formal legal advice while looking to meet all your personal legal needs, along with those prescribed by the state.
Can A Divorce Affect My Retirement Accounts?
Family law alone may not meet your legal needs following a divorce. It’s also essential to appoint Oklahoma City divorce lawyers that understand the implications of retirement in divorce.
Retirement plans, employment-related retirement benefits, savings, and future real estate acquisitions all count as assets for consideration as part of a divorce. Unless the two spouses and their divorce attorney can arrange these family matters internally, there is always a possibility that these assets may be divided up in court.
Divorce arrangements can be as much about protecting the assets that are special to one party as conventional considerations like spousal support and child support. While a significant life event in its own right, divorce can lead to sweeping changes in future plans without assistance from a reputable law firm.
Key Considerations When Working Towards Separate Property
While the law dictates how property division typically plays out in Oklahoma City, OK, there remains plenty of nuance to the entire process. Fairness is inherently subjective, and that extends to marital assets.
If the property distribution case makes it to court following divorce proceedings, the presiding judge will consider the following:
- The age and overall health of both spouses
- The length of the marriage and whether both parties underwent a legal separation
- Any considerations surrounding child custody and associated expenses
- Whether the marital property is liquid or illiquid
- Debt division
- Any wasteful dissipation of the marital estate on the part of either spouse
- Anything else the courts consider fair and equitable
It is worth considering that a judge in asset division cases is under no obligation to take guidance from a family lawyer or either spouse. As such equitable distribution through respective legal representation will often lead to the best possible outcome in ultimately determining separate property.
Further Understanding Equitable Property Division
There are numerous specific considerations when it comes to dividing property. The law around equitable distribution means that there is no standardized means of dividing shared assets.
One of the primary considerations among law firms and court systems alike involves children. If no children are involved in divorce proceedings, the case can quickly become much simpler.
Real estate acquisitions become significantly easier to deal with, for example. An attorney or judge can help to decide whether a house is considered marital property or separate property, for example.
In cases of separate property, where only one name appears on the deed to the house in question, the title holder retains sole ownership of the house and has the right to request that the other spouse vacates the property as part of proceedings.
However, a house may be considered marital property for a number of reasons, not least if it was jointly purchased during the marriage. In the majority of cases, neither spouse has the legal right to request that the other vacate the marital home, often leading to both parties seeking out the very professional services of a specialist mediator.
The only gray area here involves domestic violence. If either spouse has been involved in a criminal defense case concerning domestic violence, a court may order the forced removal of the offending party.
What to Expect From Your Free Consultation
A free consultation marks the beginning of an attorney-client relationship. The prospective client’s role is to decide whether they wish to appoint a lawyer to oversee proceedings. The conversation will touch on anything relevant to the case.
Given that no two family law cases are ever the same, it represents an opportunity for both the lawyer and the new client to discuss the nature of the case, specifically, the assets held that might become subject to future distribution.
Many cases center on the family home and any children involved as standard. However, a lawyer from Cannon & Associates will help you understand the nuances of your specific case. We have worked with clients from all walks of life, many of whom seek our assistance due to their unique requirements.
For example, a divorce may involve not only domestic affairs but also corporate contracts. Our attorneys work across a range of practice areas, ensuring we can always view cases from a more holistic level.
After all, property distribution cases become more complex depending on the nature of a couple’s affairs. We can always assure you that we will carry out reliable and thorough work at every step to ensure that no stone is left unturned and, in the spirit of Oklahoma law, our clients receive their equitable portion of shared assets.
How An Oklahoma City Lawyer Can Help You
A divorce is a stressful event at the best of times, but appointing an attorney from Cannon & Associates can help ensure that clients receive everything they are entitled to.
State laws mean that it is unlikely that a couple can divide their assets strictly down the middle. However, this can be beneficial, as it takes into account the individual circumstances of both parties. It also means that, providing some kind of agreement can be reached, no couple is ever forced to sell the marital home when it may not be in their best interests.
Our attorneys focus heavily on fairness, exactly as the law dictates. In most cases, the goal is never to go to court at all, and we guide clients at every stage to ensure they receive what they deserve, while maintaining the equitable spirit of dividing property.
We have worked with clients from every conceivable background. From housewives that have never worked throughout the course of their marriage to individuals that have built businesses over time, we represent the true interests of everyone we work with and always seek to ensure a balanced approach.
Frequently Asked Questions Around Property Division in Divorce in Oklahoma City
How is a house divided in a divorce in Oklahoma?
Oklahoma is, alongside 41 other states in the US, considered an Equitable Distribution state. While this doesn’t always equate to equal distribution, it ensures that a fair property split that doesn’t favor one spouse is enshrined in law.
Typically, splitting a house in Oklahoma City, OK comes down to one of three options:
- Both spouses agree to sell the house and divide the proceeds equally
- One partner buys out the other spouse, either using cash on hand or by taking out a second mortgage
- One spouse grants temporary possession to the other, usually for a set period of time, such as when the final child leaves the family home
What is a spouse entitled to in a divorce in Oklahoma?
Again, Oklahoma is an equitable distribution state. As such, both spouses are entitled to a fair share of marital property. Ideally, both spouses will come to an agreement on how property is divided, often with assistance from a lawyer from a reputable law firm.
If it proves impossible to divide ownership of property fairly with professional advice, the legal process ensures that the courts can step in to ensure that the law is upheld.
Is Oklahoma A 50-50 state when it comes to divorce?
While the division of property in Oklahoma City is equitable, that does not always mean that it is equal. While many believe in 50-50 distribution following a divorce, this will not always be the case here, with a focus more on the fairness of property distribution than ensuring everything is split entirely down the middle.
For example, under equitable division, if one spouse is more financially stable than the other and has more chance of acquiring new property to replace anything lost throughout divorce cases, the spouse with less financial security may receive more in an Oklahoma divorce to compensate.
Call Oklahoma City’s Leading Divorce Attorneys Today
A specialist marital property lawyer is not just for the most complex cases. While some of our clients may undergo a high net worth divorce, we work with divorcing spouses from all backgrounds to ensure they understand state law around separate property division.
Most importantly, we always operate in the best interests of our clients. Nobody we work with is ever considered just another customer, and we strive to ensure that rights are respected and that all parties receive an equitable distribution of previously shared property.
No matter your property goals following a divorce and where in Oklahoma County you reside, lawyers from Cannon & Associates will ensure you can have the utmost confidence in how marital property is divided following a divorce.We strive to provide the best legal representation possible, and our team is standing by now to discuss your legal needs. It all starts with a free consultation, and you can reach out to our family law lawyers at our Oklahoma City office now at 405-591-3935.
Our Client Reviews
More 5-star Reviews Than 99% Of Lawyers In Oklahoma
"John has shown nothing but compassion and professional guidance in my case. He truly cares about his clients and is exceptionally understanding when it comes to any case he is representing. He communicates genuinely as well as in a timely matter. If I were able to give his firm any more than 5 stars, I most definitely would. He is incredible."
"John Cannon is an awesome attorney. He is very professional and honest. He really cares about his clients. John always gets back to you quickly to answer any questions you have regarding your case. I highly recommend CANNON & ASSOCIATES for any legal needs you may have."
"John Cannon has helped me through the hardest time in my life. He helped me through my divorce and custody case. He truly cares about his clients and it made me so happy he always put my daughter first and wanted what was in her best interest as a child. He is very sharp and resourceful and he has been very attentive and responsive to my needs, John is very polite and professional and he always has a great attitude. John always took the time to go over everything and explain everything in depth. I've enjoyed working with John and his team and would recommend him to other clients."
"I have known John for about 6 years now in his capacity as a Judge Advocate and a civilian attorney. John has a rare blend of both sharp analytical and interpersonal skills. I have seen John achieve positive outcomes for clients in complex scenarios and If you need an attorney who can do the same for you - this is your guy."
"John did a very good job. Although the outcome was not 100% what we expected(strange judgement) it was overall positive. I would, have and will continue to recommended him. Although I certainly hope to not need his services again in the capacity I hired him for I would not hesitate to call if I do. Thanks John"
"I signed up with John June 25th, July 5th I received an email that my case is in line to be DISMISSED, within a 2 week time period John made what was one of the most stressful times in my life better! Every case is different but he handled my case with care and he was extremely open in his communication throughout the whole process. I hope to never have to have a criminal attorney again but if I do I will definitely go back to John. I highly recommend him to anyone else who is needing an attorney!"
"John is a highly respected attorney. Professional and compassionate. He has a wealth of knowledge, being a military officer and having served as an Assistant District Attorney, a Public Defender, and an Assistant Attorney General. He helped a friend's son who was headed down the wrong path, but through John's legal defense the young man is now a successful business owner."
"John is a very professional attorney, who is not only concerned about the welfare of his client but very attentive and considerate of the family, or other bodies that are in the face of the adversity. While working on my family members case, John took time out to take a class that would educate him on how to approach the many different types of cases tried in the court room. John proved his sincerity to the calling of his job, being an attorney. I would definitely recommend him to anyone."
"Mr. Cannon went above and beyond for my wife. She was facing some pretty hard fines and prison time with the US Marshalls. Mr. Cannon fought a hard fight and got her a GREAT offer. Words cannot express how much I appreciate him and what he did for my wife. I would give 10 stars and I will be promoting him. He's that awesome. He keeps you informed, he will text or call you back, and he goes above what he is asked to do and I can reassure you"HE WILL FIGHT FOR YOU OR YOUR FAMILY MEMBER". I will continue retaining him for other things my wife is battling. High five and a great big hug to Mr. Cannon. Thank you!!! John took the reigns and provided us instant peace of mind. He was timely, respectful, transparent, very professional, honest and courteous. The service he provided was above and beyond our expectations. Can’t believe professionals like him are around. Highly highly without reservations recommend him and his team."
"John Cannon is an excellent attorney. He takes sincere interest in your needs. He maintains communication and provides all the information you might want to fully understand the legal process. He also suggests alternative resolutions to your legal needs so that you can make informed choices. I definitely recommend John."
"My experience with CANNON & ASSOCIATES was absolutely amazing. I hired John Cannon two days before my rebuttal statement was due back to the Staff Judge Advocate. Within that time frame he was able to talk to my Battery and Battalion Commanders, review my evidence, and help me write a rebuttal statement that help prove my case to them, the Brigade Commander and the Post Commanding General. Cannon worked thru the night to help me get the best results for me and my family. Due to his hard work and attention to detail I am still able to continue to serve my country and progress in my military career with no adverse actions on my record. I can not thank him enough on a job well done. Cannon showed me that he was invested in my case and I highly recommend you hire him when you need someone to represent you in a legal matter."
"John Cannon assisted me through a very difficult time in my military career. He worked tirelessly with me on my case and kept me informed during the entire process. I can't say enough good things about Mr. Cannon. He's incredibly knowledgeable with regards to military justice. The outcome of my case was successful and I attribute that to Mr. Cannon's professionalism and expertise in dealing with military law. I would highly recommend Mr. Cannon to anyone with military justice or criminal defense needs."
"Hands down the best lawyer. Mr.Cannon accepted my case and got on it the same day. I would give him 10 stars if I could. I really appreciate the dedication on how he handles things with a short time frame."
"Mr. Cannon has represented me on 2 criminal cases and one civil case over the past 4 years. He has always served me honestly, speedily and with good moral direction. John has integrity and humility. He has never belittled me or treated me in an unfair manor. I appreciate all that he has done for me and I most certainly recommend him to family, strangers and friends. I will definitely use Mr. Cannon in the future for any and all of my family's legal matters."
"Mr. Cannon went above and beyond for my wife. She was facing some pretty hard fines and prison time with the US Marshalls. Mr. Cannon fought a hard fight and got her a GREAT offer. Words cannot express how much I appreciate him and what he did for my wife. I would give 10 stars and I will be promoting him. He's that awesome. He keeps you informed, he will text or call you back, and he goes above what he is asked to do and I can reassure you"HE WILL FIGHT FOR YOU OR YOUR FAMILY MEMBER". I will continue retaining him for other things my wife is battling. High five and a great big hug to Mr. Cannon. Thank you!!!"
"I had a great experience with John. He is very personable and helped me a lot. I’m really grateful I found him. He made me feel confident that he was the right lawyer for my case and that he wasn’t trying to sell me but genuinely just wanted to help me. I would highly recommend John to anyone!"
"Working with Mr. Cannon has been a real life-saving experience for me and my family. He provides the knowledge of the possibilities as soon as he can get them, then works tirelessly to ensure that any concerns or questions are addressed immediately. He has been a great asset to us not only in the face of legal troubles, but in providing a sense of security that is truly reassuring in the face of the uncertain.Mr. Cannon has been a great resource and has been very patient with me. From the start he provided a list of things to do that would help me help him with my case and since the beginning has continued to give advice or suggestions on any matter that has bothered me with my situation, large or small. He is gentle, yet realistic, and this combination really does become a rock in tumultuous times such as these.I would highly recommend Mr. Cannon to anyone who needs a vigilant and committed attorney, especially one that stands by your side until your issue is resolved. He goes above and beyond not only to work, but to care for his clients!"
"John Cannon assisted me through a very difficult time in my military career. He worked tirelessly with me on my case and kept me informed during the entire process. I can't say enough good things about Mr. Cannon. He's incredibly knowledgeable with regards to military justice. The outcome of my case was successful and I attribute that to Mr. Cannon's professionalism and expertise in dealing with military law. I highly recommend Mr. Cannon to anyone with military justice or criminal defense needs."