Listing assets in CA

swrdfsh2 · 2024-01-05T16:57:15+00:00

There were 4 considerations when I calculated mine.

What was the strike price(s) at the date of separation?
What is the value of the required stocks on the date of separation?
What is the vest dates on the allotments?
What is the tax liability on these vested shares?

I built a spread sheet to make tracking each quarterly vestment period easier.

Take the total vested, divide by 50%, deduct the required taxes from the strike price on the date of vestments, determine what the delta between the DoS strike versus current strike to determine required shares to transfer, then transfer the shares.

I'm guessing you're on a 5 year vestment schedule, so you'll be entangled for at least that long. That is unless you reach an agreement to buy her out now, which comes with risk.

Edit: Have a Space Dust for me.

Royal_Win5362 · 2023-12-19T21:16:56+00:00

There's a tool to handle the financial disclosure in a divorce. RSUs is about calculating the timing of granted vs. vested.

pk2at · 2023-12-18T21:43:41+00:00

I did not list them in the financials, they are future earnings. Hopefully you understand that disclosing assets during divorce is de-facto voluntary. Its a tricky legal term that most men don't understand and all lawyers like to exploit by saying you should disclose everything

domo_roboto · 2023-12-18T03:50:28+00:00

Hold my beer. I went through this. /u/upvotersfortruth 's link to the article is the right path. It provides 2 formulas that you can use. I also had vested RSUs from companies I've worked at and left but didn't sell. Those are split evenly 50:50 because they were granted and vested before the separation date and therefore community assets. The formulas help to valuate RSUs granted but not yet vested, for example mine were granted prior to separation date but vests over 3 year, and we were separated just a few months after the grant. The company's philosophy for RSU grants were to incentivize hard work and future returns so I used the Nelson formula to calculate and propose how much the ex should get. Luckily we were amicable and doing a mediated divorce, it seemed reasonable to her and so she accepted it.

upvotersfortruth · 2023-12-18T03:37:05+00:00

Not vouching for the source but here's a starting point that looks reasonable from a non-California lawyer's perspective: https://www.kasparlugay.com/blog/dividing-rsu-california-divorce/

life-is-short- · 2023-12-18T03:33:41+00:00

In Texas we have a formula on how RSUs are divided. I guess CA has a similar one. In my case we dropped RSUs and I gave more in 401k

Title	Listing assets in CA
Author	BlackDogBeer
Upvotes	3
Comments	17
Date	December 18, 2023 3:06 AM UTC (2 years ago)
Subreddit	Posted in /r/Divorce_Men
Original Link	https://old.reddit.com/r/Divorce_Men/comments/18kyo4e/listing_assets_in_ca/
Archive Link	https://theredarchive.com/r/Divorce_Men/listing-assets-in-ca.1241018 https://theredarchive.com/post/1241018

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