Dividing Stocks in Divorce in Texas
ATTORNEYS IN DALLAS
Navigate the division of stocks and bonds in divorce with ease. Expert advice on safeguarding assets and securing your financial future.
Dividing Stocks in Divorce
While property such as homes or income are often the first things that come to mind when dividing assets in a divorce, any assets owned jointly by both spouses are subject to division, including stocks. However, unlike some other forms of property, determining the value of stocks and how to divide them can be complex.
Property Divisible in a Texas Divorce
In the context of divorce proceedings in Texas, all property owned jointly by spouses or by either spouse is categorized as either community or separate property. Separate property refers to assets that belong exclusively to one spouse, such as property acquired prior to the marriage, property designated as separate in a prenuptial or postnuptial agreement, or property received as a gift or inheritance by one spouse. On the other hand, any property that is acquired by either spouse during the marriage and not classified as separate property is presumed to be community property. In some cases, a property may have characteristics of both separate and community property. Assets categorized as community property are subject to equitable distribution, meaning that they may be divided in a manner the court deems fair.
Assessing the Nature of Stocks
Acquiring stocks can be done by either purchasing them or being granted them as a form of compensation. If the stocks were purchased by both spouses during their marriage, they are generally considered community property. Conversely, stocks bought by a spouse before the marriage would most likely remain separate property. However, assessing the status of restricted stocks that are granted as a part of a compensation scheme can be complex.
To accurately determine the status of restricted stocks, it is essential to obtain copies of the restricted stock benefit plan from the employer that granted the stock, the letter granting the stocks, and the vesting schedule for the stocks. Key details that must be ascertained are when the stock was granted, the number of shares granted, and the vesting date.
If you or your spouse hold stock options and are contemplating a divorce, it is advisable to consult an experienced divorce attorney for guidance on how the court might assess and divide the stocks.
Speak with an Experienced Divorce Attorney
It is recommended to seek the advice of an attorney to discuss the distribution of your property, including how stocks may be divided. The dedicated divorce lawyers at Wilson Whitaker Rynell have the expertise to assist you in pursuing a favorable outcome. Our firm represents clients in divorce cases in various Texas cities, including Dallas, Austin, Houston, Fort Worth, and all cities within Dallas County, Tarrant County, Collin County, and Denton County.
- Divorce and Winning the Marital Residence
- Dividing Stocks & Bonds in Texas Divorce
- Divorce During Pregnancy
- Divorce for the Professional Athlete
- Divorce for Business Partners
- Domestic Violence and Texas Divorce
- Egregious Conduct and Equitable Distribution
- Evidence in Fault Divorces
- Evidence in High Net Worth Divorce Clients
- Expert Witness Testimony in Divorces
- Financial Disclosures in Divorce
- Fraudulent Transfers of Property
- Hidden Assets by Spouse in Divorce
- High Net Worth and Client Defense
- Informal Marriage in Texas Divorce
- Insurance Plans in Texas Divorce
- Intellectual Property in Divorce
- International Divorce and Legal Rights
- Interspousal Gifts and Divorce
- Jointly Titled Personal Property
- Just And Right Property Division
- Marital Assets
- Marital Debts After Divorce
- Military Divorce in Texas
- Mixed Property in Property Disputes
- Modification of Spousal Support in Texas
- Modifying Marital Property Agreements
- Motions in Divorce Proceedings
- Oil And Mineral Rights in Divorce
- Partition or Exchange Agreements
- Divorce and the Mediation Process
- Process of Filing for Divorce in Texas
- Property Division and Distribution
- Property Division and Appeals
- Property Settlements in Divorce
- Proving Marital Property Agreements
- Rehabilitative Spousal Maintenance
- Same Sex Divorce
- Separate and Community Property
- Separation Agreements
- Social Media Use in Divorce
- Social Security Benefits in Divorce
- Spousal Maintenance in Texas
- Spousal Support Violations in Texas
- Tax Planning in Divorce
- Termination of Spousal Maintenance
- Timing of Divorce in Texas
- Trust Assets in Texas Divorces
- Trusts In Divorce
- Uncontested Divorce in Texas
- Undisclosed Assets after Divorce
- Voiding a Marriage in Texas
Best Texas Divorce Lawyers
Our Dallas Divorce Attorneys Serve Clients Throughout Texas
In order to best prepare yourself during the divorce process, it is vital that you have a
qualified divorce attorney by your side. Our divorce law firm is dedicated to providing knowledgeable, professional, and effective legal counsel for all types of
family and
divorce matters. When you work with our experienced Dallas family law attorneys, you can trust that we will have your best interests in mind.
Dividing Stocks and Bonds in a Texas Divorce
**Stocks and bonds,** like all other assets convertible to cash value, are **divided** under Texas' community property law in a just and right division.
CLIENT MATTERS
5,000+
YEARS OF SERVICE
25+
Award Winning
Recognized in the legal industry as dedicated board-certified lawyers and Rising Stars.
Expert Team
Your project will be handled by legal experts every time. You will have the most experienced attorneys working for you.
Quality Representation
