Stock Options and RSUs – What are You Entitled to in a Divorce?
Nancy Hetrick is the Founder and CEO of Smarter Divorce Solutions, the Senior Financial Advisor of Better Money Decisions, and the Founder and CEO of Business Blastoff for Divorce Financial Planners. She is a divorce financial analyst, a mediator, and a forensic specialist. She joins Stacy Francis to talk about the FAQs and FYIs about executive compensation awards.
- The term “executive compensation” is a misnomer, as it is given to a lot more people than just executives.
- Executive compensation is tricky: while an employee’s spouse may be entitled to the value of half of the compensation, most times the executive compensation plan does not allow those holdings to be transferred to anyone other than the employee.
- Executive compensation, which is often paid out in the form of a bonus, is considered an asset.
- Nancy implores listeners to get another financial advisor if the one they have right now is not educating them.