Property Division: Career Assets and Employee Benefits

Property Division: Career Assets and Employee Benefits

November 11, 2020

Many employers offer additional compensation packages and incentives to their employees. Benefits include banked vacation and sick days, quarterly or year-end bonuses, expense accounts, club memberships, stock options, and unique tools like phantom stock, stock appreciation rights, and restricted stock.

 

Other benefits include health, life, and disability insurance. In order to calculate your child support obligation, it is necessary to know how much your health insurance cost is. Record the career assets in our Asset Inventory Worksheet. We will discuss what career assets will be included and what won’t as it depends on the judge and their interpretation of the law.

 

 

If you have any questions about debt and divorce or other divorce centered financial questions, email victoria@mywealthanalytics.com or call 402.430.3092.

Please note: This is general knowledge and is not tax/ legal/ or financial advice. Work with your professional team to find out what is best for you.