Divorce

Expert Witnesses and IRS Method for Valuing Businesses https://www.youtube.com/watch?v=Bk-TYT97Lcs Video Transcript: Oftentimes in divorce, it's hard enough to assign value to say the marital residence, but what if there is a close corporation or a small business that's operated during the marriage? How in the world are we going to value that for purposes of equitable … [Read more...] about How Can You Value a Small Business or Close Corporation during an Oklahoma Divorce Proceeding?

Navigating Joint Tenancy and Home Ownership Divorce https://www.youtube.com/watch?v=P8hO55jL3R8 Video Transcript: Good afternoon everybody. This is Dustin Peterson and I am an OKC attorney. Today we're going to be talking about joint tenancy in home ownership in a marriage and what happens to that home in divorce. This is continuing on our discussion of equitable property … [Read more...] about What Happens to Home Ownership in an Oklahoma Divorce?

Navigating Joint Tenancy and Trusts in Divorce https://www.youtube.com/watch?v=Rh2QqtAR6U0 Video Transcript:Good afternoon everybody. This is Oklahoma lawyer Dustin Peterson. We talked a little bit about joint tenancy and home ownership as the advantages it brings to a marriage and the possible consequences of equitably dividing that property or distributing that property … [Read more...] about How Do Joint Tenancy and Trusts Divide in an Oklahoma Divorce?

Dividing Difficult Marital Assets: A Legal Solution https://www.youtube.com/watch?v=fE_v89WYbTQ Video Transcript: In an Oklahoma divorce, the equitable division of marital assets can be a complex and challenging process. This is especially true if the marital assets are difficult to divide, such as in the case where a couple owns a family farm that has been in one spouse's … [Read more...] about What Happens if Marital Assets Are Difficult to Divide in an Oklahoma Divorce?

Navigating the Complexities of Separate Property Division https://www.youtube.com/watch?v=08KlmIvN_aQ Video Transcript: Divorce can be challenging, especially when it comes to dividing assets and determining what belongs to whom. One of the common questions that arise during divorce proceedings is what happens to the income or appreciation of one spouse's separate … [Read more...] about What Happens to the Income or Appreciation of a Spouse's Separate Property in an Oklahoma Divorce?

Marital or Separate Property?   Video Transcribed: Hello everybody, this is Dustin Peterson and I am an OKC attorney. We have been talking about equitable property division in divorce and today's topic will be about workers' compensation settlements. What happens if one spouse receives a lump sum workers' compensation settlement prior to divorce? What happens to that … [Read more...] about How Is a Workers’ Compensation Settlement Divided in a Divorce?

It’s All about Timing   Video Transcribed: Hello everybody, this is Oklahoma lawyer Dustin Peterson. Today we're going to be talking about equitable property division. We'll probably have several segments on this, so we'll just go through some specific questions that I have received and see if we can't solve some puzzles. In this particular case, I'll give you the … [Read more...] about Who Gets the House in an Oklahoma Divorce?

Don’t Let Your Former Spouse Come Back for More   Video Transcribed: Hello everybody, my name is Dustin Peterson and I am the Oklahoma City Attorney. We've been talking about equitable property distribution and most recently we discussed a couple of ways in which pension plan benefits can be dispersed here in Oklahoma. But what if in the divorce, instead of you collecting … [Read more...] about What Is a Qualified Domestic Relations Order (QDRO) in Oklahoma?

Divorce Decree Knows No State Boundaries https://www.youtube.com/watch?v=0bPrcXLLyKY Video Transcript: Is my divorce decree going to be respected across state lines? Hi, I'm Ty Smith, an OKC lawyer with Wirth Law. And this is an important one because there's a misconception out there that potentially because I got a divorce in Oklahoma, it might not be fully respected in … [Read more...] about Is My Oklahoma Divorce Decree Going to Be Respected across State Lines?

The Legal Way to Start Over   Video Transcribed: Okay. What's an annulment in Oklahoma? Hi, I'm Ty Smith, an Oklahoma City area attorney with Wirth Law. I want you to think of an annulment as a wiping of the slate. On the slate is written your marriage record. The slate is clean with an annulment like the marriage never even happened. Now, how do we get one of these? … [Read more...] about What’s an Annulment in Oklahoma?

Splitting up without Signing Off   Video Transcribed: What is legal separation in Oklahoma? Hi, I'm OKC lawyer Ty Smith with Wirth Law. We get this question sometimes. I say we, I get this question sometime because we have people who aren't quite sure if they want to divorce their significant other, or whether they just want to maybe spend some time apart and legally … [Read more...] about What’s Legal Separation in Oklahoma?

No-Fault, No Problem   Video Transcribed: So do I need a good reason to divorce my spouse in Oklahoma? Hi, I'm Ty Smith, a lawyer in Oklahoma with Wirth Law, and the answer is kind of, yes, and no. Oklahoma is very loose with what it considers a good reason to divorce your spouse, okay? In a lot of states... Oklahoma's what's called a no-fault state, a no-fault divorce state. … [Read more...] about Do I Need a Good Reason to Divorce My Spouse in Oklahoma?

Don’t Waste Time and Act Quickly Video Transcribed: So I just got served with divorce papers, what do I do now? Hey, I'm Ty Smith, an OKC lawyer with Wirth Law. My answer may not come as a surprise to many of you, but I'm going to tell you to go talk to an attorney. Because, and it's not just because I am an attorney. I've been doing this long enough to know that this … [Read more...] about What Do I Do if I Get Served Divorce Papers in Oklahoma?

You Are Not Forced to Be with Your Spouse   Video Transcribed: Do I need a good reason to divorce my spouse? Hi, I'm Ty Smith, Oklahoma City Area Lawyer with Wirth Law. When people come into our office or call me, they ask me this question way more often than I thought people really should. The quick answer is, no, you don't need any reason at all to divorce your spouse. … [Read more...] about Do I Need a Good Reason to Divorce My Spouse in Oklahoma?

Divorce and Legal Separation Have Some Differences   Video Transcribed: Should I divorce my spouse or just legally separate from him? Hi, I'm Ty Smith, an attorney in Oklahoma City with Wirth Law Office. And a question we get a lot in client interviews, at least initial client interviews, should I divorce my spouse or just legally separate from him? The difference is small … [Read more...] about Should I Get a Divorce or Legally Separate from My Spouse in Oklahoma?