Legal Question in Business Law in Florida
My wife has stock in a privately held company that she worked for. The stockholder agreement that she agreed to states that if I were to ask for half of the stock in a divorce settlement, then a call situation would be trigered. The company could then assign an amount of their own to the worth of the stock. If this is in a comunity property state (Florida), doesn't half of the stock automatically become mine when it is issued?
Asked on 9/21/10, 3:03 pm
1 Answer from Attorneys
Florida is not a community property State. It's a equitable distribution State, and this is a Family Law question. However, there are many examples of this being a valid agreement.
Answered on 9/26/10, 3:54 pm
Related Questions & Answers
-
I paid for a class, $500.00 got very ill ended up in the hospital, had surgery and... Asked 9/18/10, 10:27 am in United States Florida Business Law
-
Is it against the law for my boss to schedule me for a 1 hour meeting every week,... Asked 9/11/10, 9:25 am in United States Florida Business Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
