Delaware, Chester and Montgomery County, Pennsylvania, Family Law Attorney
More and more companies are using stock options and offering restricted shares of stock as forms of compensation to their employees. If you are getting a divorce, you need an attorney who can help you understand how these complex investments and compensation packages will be divided in your divorce.
For more than 20 years, Attorney Marguerite Nealon has devoted her practice to family law and divorce issues. She has extensive experience handling complex portfolios and compensation structures in divorce. We understand, however, that your divorce is about more than just the money. We will work with you to understand your situation and your goals, to give you the personal attention you need and deserve in your divorce settlement.
At our firm, you are more than just a number. Contact our family law firm to set up a consultation.
Are Stock Options and Restricted Shares of Stock Marital Property?
Any assets, or debts, accumulated during your marriage are marital property and subject to equitable distribution. This can include a wide range of financial assets, investments and compensation in addition to salary, such as:
- Vested or unvested shares of stock
- Restricted shares of stock
- Stock options
- Employee bonuses
- Annuities and 401(k) plans
With stock options, the option itself is marital property, not the stocks purchased under the option. When dividing a stock option, the nonemployee spouse can choose to wait for his or her share when the option is exercised. Otherwise, the spouse could speculate on the potential value of the option and accept payment at the time of the divorce.
It is vital to have a skilled attorney advise you on your rights and your legal options concerning these complex compensation structures. Marguerite Nealon can help you weigh the advantages and disadvantages of characterizing a stock option as a marital asset or as income in your divorce. We will work with you to develop a divorce strategy that protects your rights and interests and helps you start your new life after divorce.
Speak With a Family Law and Divorce Lawyer
We represent clients from the mind and the heart. Call one of our three Pennsylvania offices, in Radnor, Philadelphia or Scranton, or contact our family law firm online to schedule a consultation.
