What is considered marital property in Oklahoma?
Marital property is usually considered to be that property acquired during the marriage. This can include the family home, cars, cash, investments, and personal property such as furniture or jewelry. Generally, separate property is that property acquired outside of or before the marriage. There are some exceptions.
Is Oklahoma an equitable distribution state?
Oklahoma is one of many states that follows an equitable distribution model for property division. Equitable distribution requires judges to divide property "equitably" between the spouses.
Is Oklahoma a community property state death?
In Oklahoma, if you are married and you die without a will, what your spouse gets depends on whether or not you have living parents, siblings, or descendants — children, grandchildren, or great-grandchildren. If you don't, then your spouse inherits all of your intestate property.
What states are community property states?
Marital Property and Community Property States The states having community property are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. Community property states follow the rule that all assets acquired during the marriage are considered "community property."