
Bonuses On Divorce – A Guide to Current Law
Bonuses can form a significant part of remuneration, but how are they treated when a marriage comes to an end?
In her latest article for Wealth Briefing and other publications, Solicitor Emily D’Eyncourt Harvey explores the complexities of dealing with bonuses on divorce, from whether they are considered matrimonial property to how timing can impact their treatment by the court.
From discretionary and deferred bonuses to share options and restricted stock units, Emily outlines the challenges that can arise when these assets are divided. She also highlights the importance of full financial disclosure, the role of pre- and post-nuptial agreements, and how bonuses may be taken into account when assessing maintenance and meeting the needs of the parties involved.
“Bonuses form a significant part of remuneration packages in industries such as finance, banking, tech and professional services. Bonuses are commonly discretionary and/or deferred in nature meaning that there is little certainty as to what may be received….”
Take a moment to read the full article here.
Disclaimer: General Information Provided Only
Please note that the contents of this article are intended solely for general information purposes and should not be considered as legal advice. We cannot be held responsible for any loss resulting from actions or inactions taken based on this article.
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