Legal Question in Family Law in California

Two questions: Stock Options/Removal of spouse from house.

Hello,

I am going to file for divorce from my wife. We have been married only 1.5 years. I have two questions:

1. Is she entitled to any portion of my stock options? During our marriage, one set of options became vested, but were granted 5 years ago. Another set was granted last year, but they are not vested.

2. I own the house, having purchased it prior to the marriage and I am the only one on the title. Can I have her removed legally from the house as soon as I file for the divorce or can she stay here until the divorce is final?

thanks


Asked on 12/18/04, 9:21 pm

2 Answers from Attorneys

Lyle Johnson Bedi and Johnson Attorneys at Law

Re: Two questions: Stock Options/Removal of spouse from house.

She probably has an interest in the stock and stock options. The question is how much of the stock would be community and is it worth the hassel for her to go after it.

You have am obligation to divulge the stock and stock options. However, you will not penalized for incorrectly catergorizing property as separate rather than community.

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Answered on 12/20/04, 3:41 am
Brian Levy, Esq. Law Office of Brian Don Levy

Reply: Two questions: Stock Options/Removal of spouse from house.

One would need more specifics from you before providing you with an opinion on these subjects. In a general sense, the stock option granted prior to the marriage is probably your separate property (unless you used community funds for acquisition once they vested), and the stock option granted during the marriage may or may not be community property depending upon the specifics of your situation and the reasons for grantiong the stock option to begin with. The house is your spearate property but there may be a community property interest based upon a "Moore\Marsden" calculation. You may not be able to force her to leave pending completion of the divorce unless there has been threats or violence.

For a specific opinion regarding your individual circumstances, I suggest that you consult with an experienced family law lawyer. Experience is not expensive, it's priceless!

You will find some valuable information on various California family law issues by visiting my web site.

Good luck to you!

Brian Levy, Esq.

www.calattorney.com

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Answered on 12/19/04, 6:05 pm


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