Schuman v. Schuman

BVLaw
Full Text of Court Cases
November 4, 2011
marital dissolution/divorce
stock option, equitable distribution, separate property, marital property, compensation

Schuman v. Schuman
282 Va. 443
US
State Court
Virginia
Supreme Court
N/A (wife); N/A (husband)
Powell

Summary

State high court says appeals court erred in classifying wife’s stock awards as separate property based solely on vesting; stock awards are form of deferred compensation, like retirement benefits, and are acquired “when they are earned, and not at the time of receipt, vesting or exercise.”
Schuman v. Schuman
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