This page explains how deferred compensation is divided in a California divorce. According to California Civil Code Section 4800, community property should be divided equally in a California divorce. Community property includes the "earnings and accumulations" that are obtained over the course of the marriage. When considering this definition, many people do not think about the "earnings and accumulations" or retirement assets that are constituted by deferred compensation assets.
At the Bez Law Firm, P.C., our Sacramento divorce attorneys have many years of experience in advocating for couples facing marriage dissolution in Northern California. Complex property division can be a challenge, but our firm provides helpful counsel and perceptive advocacy so you can have total peace of mind. We don't leave anything out. When it comes to your future after a divorce, our goal is to ensure that your rights and interests are protected.
Call us at (916) 512-8944 to make an appointment for a consultation.
Many businesses (those particularly in the competitive and thriving Bay Area/Silicon Valley) offer unique assets in order to attract and retain top employees. These assets may include deferred compensation.
Deferred income could substantiate a large portion of your marital estate. Whether or not these accounts are subject to division in a divorce will depend largely on how these assets were structured and promised. Valuating deferred compensation such as stock options can be extremely difficult and sensitive. If you anticipate deferred compensation playing a role in your marital property division, you should waste no time in retaining the experience and professionalism of an elite Sacramento family law attorney. Our team at the Bez Law Firm, P.C. is more than capable of handling these challenging cases, including complex property division and high asset divorces. We have the experience and sophistication you need, along with access to experts and resources in order to fully protect your rights and obtain a fair outcome. We urge you to call our lawyers today for more information.
To contact the Bez Law Firm, P.C. and arrange a consultation, please call us at (916) 512-8944. You can also arrange a consultation using our online form. We are proud to serve clients also throughout Placer County including Roseville and Rocklin.