If divorce were a recipe, it would consist of two main ingredients: emotions and assets. While mature, responsible adults are often able to set their emotions aside for the promise of a better future, hammering out the details of a financial settlement can be a different story.
Some of the most common assets divorcing spouses argue over are:
- Vehicles such as cars, motorhomes, boats, and ATVs
- Property such as homes, rental properties, and parcels of land
- 401k’s and IRAs
- Stocks and stock options
Even if you aren’t familiar with stocks and stock options, if you suspect your spouse has acquired them throughout the course of your marriage, it’s important to bring this up with your legal team. For example, start-ups often offer their employees stock options as a substitute for a higher income. While these options might not have had much value initially, if you’ve been married 10-15 years or longer, the potential exists for great wealth.
Here at Hoffman Divorce Strategies, we regularly work with divorce lawyers and their clients to evaluate and value stock options and restricted stock plans by:
- Helping you discover and understand the stock options and restricted stock plans within the community.
- Explain the payout and ownership options available to you so you can make an informed choice about how to divide your stock options and restricted stock plans.
Ready to get started? Call us today at (985) 674-1120.