Opinion ID: 1155557
Heading Depth: 1
Heading Rank: 5

Heading: modification of property division

Text: Our holding regarding the goodwill value of Husband's share of TRA necessitates a different division of property. Because the value of the practice (excluding goodwill) was firmly established by the evidence, there is no need for remand to the trial court the chore of fixing value. This Court may enter an order of property division that the trial court should have done once the errors complained of on appeal have been corrected. See Teel v. Teel, 766 P.2d 994, 997 (Okla. 1988); Roberson v. Roberson, 439 P.2d 938, 940-41 (Okla. 1968). We begin with our determination that Husband's 1/15th share of the medical practice is valued at $88,551.00. Realizing that the division of property in kind favored Husband by approximately $2,000.00, we find that an equitable division of the practice is $48,551.00 to Wife and $40,000.00 to Husband. Wife's amount shall be payable in a lump sum within 120 days, or over a period of five years at the rate of $809.00 per month for sixty months with interest at the statutory rate as of the date of the Decree of Divorce, January 5, 1989.