Your Stamford, Connecticut Employee Benefits and Pension Valuation Lawyers
Executives, managers and other high-ranking employees must keep in mind that their pension and all employee benefits – such as stock options, company cars, and fringe benefits – must be valued as part of the divorce process.
To protect your interests and future employee benefits during the benefit and pension valuation part of your divorce, contact the divorce attorneys at The Prince Law Group, LLC for a consultation. We represent both executive employees and non-employees spouses who are going through a divorce.
Employee Benefit Valuation and Pension Valuation in Greenwich, CT
Many CEOs, managers and executive employees do not realize that pension and employee benefits are considered marital property, even if those benefits will not be received for some time. Our pension valuation and divorce lawyers are skilled and experienced in helping either side in divorce litigation to value pension and employee benefits, such as:
- Vested and unvested retirement benefits
- Retirement savings / 401(k)
- Restricted and unrestricted stocks
- Incentive stock options (ISOs)
- Value of company cars and/or plane use
- Executive compensation plans and golden parachutes
- Bonuses and commission not yet paid
- Other fringe benefits
Employee compensation and pension valuation is a common part of a high net worth divorce in Connecticut. We work closely with financial accountants, economists, and actuary specialists to secure correct pension valuation. For example, our skilled team can help value a pension plan, such as a 401(k) or 403(b), in today’s dollars so that it can be divided.
Once the employee benefits and pension has been valued, the courts will issue a Qualified Domestic Relations Order (QDRO), which will dictate how the benefits will be divided as part of the divorce property division and impact any alimony payments.
What if you want to work together to divide benefits and pension?
You have the option to amicably agree on these issues through mediation for high net worth divorces, which is mediation geared toward divorces that involve large assets and complex property division.
To talk with an experienced pension valuation attorney about protecting your own employee benefits or about your interests in your spouse’s compensation plans, contact The Prince Law Group, LLC today.