Finn & Eaton, P.C.’s Unvested Share Calculation Worksheet through TurboLaw
- May 19th, 2016
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As family law practitioners in Massachusetts, much of the tools of our trade come from legal document software company TurboLaw. Their Rule 401 Financial Statements are easily editable, their form Complaints for Divorce, Contempt, and Modification are used regularly, and their Asset Division Schedule is a very useful tool for visualizing and calculating how assets are going to be divided.
Courts treat the division of stock options in a divorce a little differently than they do a checking account, due to the nature of the asset. The controlling case in Massachusetts is Baccanti v. Morton, a must-read for family law practitioners.
Keeping in mind that the different grant and vesting schedules of stock options can create uncertainty and confusion after a divorce is over, we’ve created a spreadsheet to calculate the marital coverture period from grant to vest. It is currently available to Massachusetts Family Law subscribers of TurboLaw as the “Eaton Unvested Share Calculation Spreadsheet.”
If you have any questions about stock options and divorce in Massachusetts, contact the attorneys at Finn & Eaton, P.C. by calling 781 484-1066, or by sending an email to schedule your free initial consultation.