Divorce: What Happens to Stock Options?

This video features Carla Barone, a Family Law attorney based in New York.

New York Divorce Lawyer Explains

Video Transcript:

Tom Mustin: 

Are stock options considered marital property in a divorce in New York? We ask Attorney Carla Barone in this Ask the Lawyers Quick Question.

Carla Barone: 

Yes, stock options are an asset that generally will require some level of valuation depending upon the grant date and the vesting date. So stock options at the time they are granted to a person, if granted during the course of the marriage, are considered marital property. It's possible that those stock options will not vest until years later, either during the marriage or after commencement of a divorce case, and if that's the case, there is a controlling case law and analysis in our state that deals with that.

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