ARE STOCK OPTIONS CONSIDERED INCOME FOR CHILD SUPPORT PAYMENTS?
Stock options can also be part of the income for the employee/spouse for purposes of calculation of income available for support. For example, just because the employee has options and decides not to exercise the options, does not necessarily mean that they are not income available for support. If the option could have been sold and value received, then income should be considered for the employee spouse. ^TOP CONSIDERATIONS WHEN A DIVORCING SPOUSE OWNS A BUSINESS In a case where one of the spouses owns his or her own company, that business can be a significant asset with regard to the overall marital estate, often being the largest asset. It also can be the most complicated asset in which to value. However, even if both spouses work in the company, subsequent to a divorce, it is almost always best to extricate one of the spouses from the business. Therefore, it is imperative that the business be valued by a credible expert or experts. ^TOP HOW DO WE DIVIDE THE BUSINESS BETWEEN DIVORCI
Related Questions
- Do the same provisions that currently apply to income deductions apply to income exclusions, such as deducting/excluding child support payments made to a person outside the household for a child inside the household?
- When Does A Loss of Income or Loss of Job Reduce Child Support Payments?
- Can child support payments be used as a reduction to gross income?
