Is anyone here familiar with RSUs and stock options as part of divorce? My arbitrator was not and she asked us to hire an expert to get a valuation. She’s convinced I cannot take my portion in kind if we could not settle on the value and I don’t want to be forced to sell my half to Husband at whatever valuation expert provides today (RSUs and stock options are under Husband’s name). If they low ball I rather take the risk and take them in kind. Any advice would be helpful.

like
Posting as :
works at
You are currently posting as works at

Whether you can take them in kind is going to depend almost entirely on the stock and option grant agreements. You need to review those. But you also don’t need an expert to value them, unless it’s not a publicly traded company, in which case things just got a lot more complicated.

like

Thanks for the comment.

Wife would have to keep my blocks still in her name and as if and when, I’ll ask her to sell my RSUs and options

I think court wants expert to value unvested RSUs..

It’s a publicly traded company

You may be able to take “your share of value” if and when they are exercised or the RSUs vest, and your ex essentially holds your rights to them in a constructive trust. Typically they are not transferable. You should get to a knowledgeable divorce attorney ASAP if you don’t have one already for further guidance.

like

I deal with high net-worth matters all the time. The above responses are absolutely correct.

You need a new lawyer!

like

Agree with the above. You need a family law attorney well versed in high asset divorce. I deal with RSUs all the time, but how they are handled is dependent on what state you are in. My state is a community property state, so we need an expert to identify the community versus separate portions using a formula established via case law. If you’re in a CP state I can definitely understand your arbitrator’s directions. Good luck!

like

We consider ourselves a CP state but require equitable distribution. So same thing really.

Regardless, with your arbitrator’s comment it seems clear you should get the expert and do whatever the arbitrator wants done. You want your decision-maker happy! And you DEFINITELY need an attorney that is experienced with RSUs specifically. They are different than straight stock awards and much different (of course) than options.

I changed the law in my state on the division of RSUs through the Kentucky Supreme Court. See Normandin v Normandin.

Related Posts

I fantasize about running away and going on a bender a la Leaving Las Vegas with my savings. Just drink myself to death.

like

Hi Everyone,
Which area is good for IT employees to purchase flat from future perspective -Hingewadi or Kharadi/Wagholi. Which area companies are good as recently I shifted to Pune so not much aware of.
Currently I am in Hingewadi area so I know which property is good here. Can anyone tell me about Kharadi/Wagholi side? My budget is around 60-65L for 2 bhk.

like

To All the Recruiters in EV space/companies, please stop low balling and giving examples of Tesla and how one day your stock will be similar to Tesla. There is only one Google, one Amazon, one Meta

like

Off topic sorry : can we mention house property monthly maintenance during ITR from exemptions and deductions

like

My grandmother opened a mutual fund account for me with Putnam investments. She started it with $500 and its at $2000 now but I never touched it and have no clue how to use it or make it grow. Can anyone point me in the right direction?

like

I’m new to investments - my advisor in India asked me to start off with some corporate FDs and large cap mutual funds. Any thoughts, given the COVID scenario?

My base location is SAn Francisco, but I have not lived a single day in California this year (not planning on being there this year either). Am I eligible to get a refund on all my California taxes this year?

like

Is Build Back Better getting rid of Roth Conversion?

like

Need some FIRE advice please. I am currently 25 M, with 125k in savings across my 401k/ESPP/Personal Brokerage Acct. etc. I have no debt. Base salary of 125k with up to 25% bonus.

I contribute 20% to my pre tax (employer matches up to 6%) and 5% in my Roth 401k and 10% in my ESPP. I keep only what I need in my checking to pay rent and have some fun on the weekends, but all relative would you say that I am allocating my funds correctly. Huge believer in value investing and compound interest.

like

Can showing signs of wealth limit your chances at a promotion ?

likehelpful

Hit my FI number today with the stock run up. #grateful2021!

likeuplifting

I can't anymore....I don’t understand why people feel the need to share that they have money.

Post Photo
likefunny

If people really had any clue as to where their tax dollars really go/the ridiculous things our government spends our money on, student loan forgiveness would be the last of their worries. Just be happy we're helping some people in need and go back to ignoring where all your tax dollars really go.

likesmart

Thinking about moving to a big city with the following preferences. I am thinking about Dallas, philly, or Chicago. What’s your experience living in those cities? Is there any other city I am missing?
1. Growing economy and population
2. Great food scene and things to do as a young professional
3. Relative LCOL can’t afford housing in NY, SoCal, etc.
4. Diversity of culture especially a bigger Chinese presence

like

How much the company contributes towards pur PF?

like

Hello Fishesh,

Can some one please help me on below issue?

Compare to every month, Jan mnth tax deduction is just double for me. Is it same for evryone or Am I missing anything?

like

26, have about 330k with about 8k of fun money. Thinking of throwing most of it into crypto. Is that a bad idea with crypto being so high right now?

like

Got a rent increase of 14% with a month left on the lease instead of the 60 day timeframe. Not planning on resigning but has anyone used that to extend their lease by a few days to make the move a little easier?

like

Hi Fishes!!

can any one suggest good ELSS Fund for tax saving investment and is it a good idea to invest 20% of your salary in ELSS

like
like

More Posts

Sunday snuggles 🥰 ...in the mud

Post Photo
likefunnyuplifting
like

Does anyone know what the senior associate PwC salary bracket is for the London office?PwC

like

Anyone know rough salary banding and bonus for FS consulting Directors in business transformation at EY?

Further thoughts on culture and general opinions welcome too.

like

Just another newbie trying to get likes to participate in other bowls and DM people so I can shoot my shot ya know🥺

Post Photo
like

How is dating in Jax? Apps seem to suck. 26M here trying to date or just to make new friends

funnylike

Any book recommendations for sales engineering or SE management?

like

How do I get access to the main Strategy& bowl?

like

Since you all are wise, I have a question, not really a confession though…but I will add a confession at the end..

If you submit to a specific role at a large company and they reject you for the role you applied, would you still be on file if there are other roles that are a match? Or, do you have to apply to each role? I am thinking it is the latter.

Confession question…how often do you stalk exes or people you used to work with? Like someone will come to mind and I will immediately (cont)

Got laid off at Meta. 😓 Anybody hiring in tech? Anybody willing to give me a job referral? SWE E4. 2 YOE.

like

Two 1975 tickets for sale at the anthem on Thursday. DM if interested.

How did you make friends when you first moved here?

like

My office will be Marisoft Wing C, Kalyani Nagar. How is that? In which area can I find flats for rent?

like

Anyone had gone to Canada from US recently for H1B stamping? What’s your experience? I am thinking about this option.

like

I am currently looking for a mentor and not sure the best way to approach finding one. Any advice?

like

I have an work experience of 14 months in Domestic BPO and 28 months of experience in International BPO. Currently I'm working on agent level on a CTC of 25k but unfortunately i was not able to complete my graduate thats why i am not getting any chances to get promote nor I'm getting any salary hike, so if anyone can inform me where should i have to apply so i can get more than my current CTC...

like

Hi, I’m looking for a referral to Veeva Systems in NY. Please let me know! Thanks!

like

S& vs MBB in Middle East. Thoughts for future exit opportunities, type of work, career options? Should one hold out for an MBB role in a year vs getting a more attainable S& role now ish?

like

Additional Posts in Family Law

What days does your firm close for the holidays? Are you all working on January 2nd?

(I don't want to be a task master, but as an associate, I was expected to work a half day on the 24th, and a half day on the 31st. I'm closing the office 23rd and 26th this year, but currently listed as open on Jan. 2nd).

like

Has anyone in the San Francisco Bay Area gone to court on a CV19 related custody issue during shelter in place? I’d like to know how courts are handling disputes. (I’m aware of the courts’ posted guidelines, but I want to know how they’re ruling)

like

What’s something your clients wish they would have known before filing for divorce?

like

If you missed an MSC because it was calendared on the wrong day in your system how bad is it? 😬

like

What do associates coming out of matrimonial clerkship (2-3yrs) make at NYC firms their first and second years?

like

If your client hired a life coach/consultant to help them through a family law matter, what would you want them to focus on and what’s hands off?

like

Let's talk unhinged pro se opposing parties. We have one that emails the entire firm every few days with these SCREEDS that are like weird stream of consciousness accusations of baseless criminal and unethical conduct. So far there have been 2 emails already today. A GAL has been appointed and ordered to do a psych eval on this party, but is there any sense in responding in the mean time? Everything we say seems to get twisted.

like

Partner/Owner/Principal to me last Tuesday: why are paralegals putting appointments on my schedule without checking with me first? I don’t check my calendar daily.
*reams paralegals*
Same Partner/Owner to Paralegal this Tues or yesterday: why isn’t Associate (me) checking my calendar, noticing I’m double set and offering coverage?

likefunny

How much are you guys making ?

like

Has your firm gone paperless? How did your firm transition to paperless (or mostly paperless)?

like

I find in times of COVID I am not as effective in the hard conversations with clients (usually when they need to take a deal that they perceive as bad or change their course or conduct). Any resources on how to develop the skills for being effective in these hard conversations?

like

Do any of y’all end up spending more time as a counsellor/life coach to your client rather than a lawyer?

like

I’ve been offered two competing positions in a big city as a 2nd year family attorney. They’re both offering $120,000. 1st is 1600 billables. 2nd is 1650. I have two questions: (1) How does this salary stack up with yours? Is it a good deal? (2) I’d like to negotiate and see if I can get a bit more, but don’t want to come back with an insultingly high amount. What would you counter with?

like

18 months into a pandemic, I’m really feeling like there needs to be 24 hours—one day— where if you have a license to practice law, you’re prohibited from helping anyone. Hashtag Nero is burnt out and wanna fiddle.

like

Huge long shot, but has anyone heard of, or worked for, Bank Rifkin in Birmingham Michigan? I have an interview for an associate position coming up and don't know much about them aside from their website.

like

I had a divorce mediation last week. The client wasn’t thrilled with the results (is anyone after mediation?) but we left with the two things she wanted: the house and her pension. She thanked me. My office sent the bill a few days later, and client wrote my boss a very long, angry email claiming I gave her incompetent representation. My boss backed me 100%, but I haven’t been practicing very long, so it really stung. Anyone have advice on dealing with self doubt in these situations?

like

Hi, wondering what gifts, if any, you have received from clients after completing their divorces. I am a big law attorney currently getting divorced in a messy proceeding, and once it’s over (god willing in this lifetime) I’d like to give my attorney and the paralegal who worked on my case a gift. I know lawyers have ethical rules re gifts but the rules are vague so curious what you have received before. Thanks!

like