Court Deems All Stock Plans Marital Property

Business Valuation UpdateVol. 4 No. 3
Legal and Court Case Update
March 1998

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6712 Offices of Bank Holding Companies
551111 Offices of Bank Holding Companies
marital dissolution/divorce
DeJesus v. DeJesus
90 N.Y. 2d 643, 665 N.Y.S. 2d 36, 687 N.E.2d 1319, 1997 N.Y. LEXIS 3233
October 30, 1997
US
State Court
New York
Supreme Court
Kaye, Titone, Bellacosa, Smith, Levine, Ciparick,

Summary

At issue is whether, and to what extent, husband's interest in restricted stock and stock option benefit plans provided by his employer, Astoria Financial Corporation, constitutes marital property.

See Also

DeJesus v. DeJesus

Full Text of Court Cases
October 30, 1997

At issue is whether and to what extent an interest in restricted stock and stock option benefit plans provided by a spouse's employer constitutes marital property for the purposes of equitable distribution.