Stock options divorce virginia

Posted: XOCTER_POSTER On: 02.06.2017
stock options divorce virginia

Main Burden of Proof - Separate vs. Be careful and be thorough in reviewing any stock options or employee benefits of any kind before settling any divorce action. Oftentimes, companies issue stock options that vest over a period of time.

At first glance, it may appear that they have no value or very little value. Even though they are not vested, courts in Virginia have the authority to enter orders giving a percentage of those non-vested benefits to the spouse when they do vest.

Any settlement agreement or court order needs to address those types of vested and non-vested stock options. If in doubt, the safest procedure is to subpoena the records of the employer to get all financial information concerning stock options and any other employee benefits directly from the source.

Stock Options and Divorce | Smith Strong, PLC

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stock options divorce virginia

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