The main difference between community property and equitable distribution is that in community property states, there is an absolute 50-50 split of all property obtained during the marriage. Please consult the laws of your individual state before taking steps to divide marital assets. That way, they can take advantage of all the time- and cost-saving benefits of uncontested divorce (discussed below). m. Separate property is not subject to division in a divorce. Bell-Kilbourn made a decision regarding the effect of a Disclaimer Deed in a divorce in Arizona. The Court of Appeals reviewed Arizona case law about how personal injury or disability recoveries should be treated in an Arizona divorce. Call us today at (480)305-8300 or reach out to us through our appointment scheduling form to schedule your personalized consultation and turn your Arizona community property case around today. The division of assets in any divorce is often a complicated process, but when stock options are added to the mix, the work becomes all the more difficult. Arizona case law provides formulas for determining the percentage of community interest in the options under each scenario. In the state of Arizona, all assets acquired during the marriage, by either spouse, are presumed to be community property. HOW STOCK OPTIONS ARE DIVIDED IN AN ARIZONA DIVORCE; HOW IS COMMUNITY PROPERTY DIVIDED IN ARIZONA;Adam Ramirez has been writing and editing about the law and legal issues for more than 20 years. Keep in mind that division of assets may be more complicated for certain types of companies, such as a service-based business. ”. Divorce court may take stocks as part of the marital assets to be divided among the spouses. One such option is for you to take 50% of the money in all joint bank accounts and leave the other 50% for your spouse. Foster, the husband filed an appeal of the trial court’s division of guns in an Arizona divorce. Foster, the husband filed an appeal of the trial court’s division of guns in an Arizona divorce. As addressed through Brebaugh v Deane, 211 Ariz. In other cases, however, the judge may decide to award one spouse a greater percentage of the marital. 229, 508 P. For more information on the divorce process or how stock options are divided during a divorce, reach out to the experienced Maryland divorce attorneys at SIEGELLAW today by calling (410) 792-2300 or by requesting a. This could translate to instant earnings if the stock’s market price is much higher. If you have questions about dividing a business in an Arizona divorce case, you should seriously consider contacting the attorneys at Hildebrand Law, PC. The husband moved to amend the judgment and filed a request for a new trial and subsequently filed an appeal to the Arizona C ourt of Appeals. After Decedent’s death in 2012, Kroncke requested the IRA proceeds from Schwab. This piece aims to provide insight into the difficulties discovering stock options and the ways to value and divide them if discovered. The laws regarding asset division vary by state, and a couple is subject to the laws of the state that has jurisdiction over their divorce. The Long Answer. Schneider & Onofry, P. At Goldman Law, we understand that preparing all the necessary documents for your divorce can seem overwhelming. Additionally, a complex calculation is necessary to determine how stock options should be divided upon divorce, should they be deemed marital property. Bio and Articles. Equitable Distribution. How Are Assets Divided in a Divorce in Arizona? When a couple divorces in Arizona, the court will divide the community property equitably. The separate property of a spouse can be turned into community property in Arizona. They believe this results in a low cost and limited-conflict route to getting a. What You Need to Know About Complex and High Net Worth Divorce and the Divorce Process in Arizona. Only when all the steps of the divorce process are complete is the divorce final, though some aspects, like child custody, child support, and alimony, can sometimes be. Rinegar, 290 P. Call the Family Law Team at (480) 467-4348 to. 8,902. Czarnecki filed for a divorce from Mr. He also ordered Mr. One spouse, the petitioner, will be responsible for filing the divorce petition and declaring the grounds for the divorce. In Arizona, a high net worth is defined as financial assets of over $1 million. Call Us: (480) 219-2433. So, if one spouse gets the house with $20,000 of equity in it, the other spouse would. 214. Czarnecki retired from the military that same year and received retirement benefits. Market Value. Czarnecki retired from the military that same year and received retirement benefits. In equitable distribution states, the court tries to divide debts fairly, but that doesn’t always mean equally. So, generally speaking, any stock options granted to the employee spouse before the couple married or. Divorce attorneys may know family law, but they typically know little about tax law - especially when it comes to annuities. 5 However, a mere expectation to receive money is not divided in a divorce. Stocks that have vested but have not been exercised. Arizona law requires a fair (or “equitable”) distribution of divorcing spouses’ community assets, and, in most cases, this will mean a 50-50 split. Response to Petition – $269. Most commonly, options are divided using coverture and valued using Black-Scholes. HOW STOCK OPTIONS ARE DIVIDED IN AN ARIZONA. The stock need not be publicly traded, but in most of the reported cases, a regular market does exist for the stock at issue. , our divorce attorneys in Phoenix help people dealing with complex property issues and are available to answer questions from our clients throughout the divorce process. In this case, the employee spouse needs to act as a fiduciary for the ex-spouse well after the divorce is finalized. The most common issue concerning stock options in California divorces arises when they were granted during the marriage but vest after the date of separation. In many cases where a couple is fighting over property in their divorce, a judge will have to look closely at the specific facts and decide whether the assets are separate or marital. Adding your spouse to the title to your sole and separate home constitutes a gift of your separate property to the community. Byington, 224 Mich. In these states, all of a married couple's property is classified as either community or separate property. The parties owned a house, as well as a parcel of land. Unvested Stocks in Divorce Law. A Conclusion of Value can be presented in either a Detailed or Summary Report. Call For Consultation (480)305-8300. This process is known as cashing out your life insurance policy. Stock options give the recipient the opportunity to invest in company shares during a set time period for a lower than average price. In Stevens v. At this time, Mr. At the time of the post-decree action for division, Wife would be entitled to one half of the value of the previously undivided stock options since those stock options existed at the time of the final decree, even though without value, the options would have been community property since they were earned during marriage, and Arizona Court of Appeals Rules on Reopening a Case to Divide Assets Not Divided in a Divorce Decree In the case of Ringear v. Arizona residents going through a divorce and who have been carrying student loan debt may be wondering if their soon-to-be former spouses may be responsible for helping them to pay those loans since the division of property includes not only assets but debts. 50. To discuss your divorce or marital debt needs, contact our team. Rio Salado Pkwy. Division of Military Retirement in Arizona. after the date of separation (see below). One of the most important aspects of many divorce cases concerns what. There are two main ways to divide RSUs. Also exempted are assets a spouse acquires by inheritance or gift during the. ”. Q. read more. Divorce: equitable distribution doctrine, 41 A. , the first party 50% and the second party 50%). We can help you understand and get through the complex financial aspects of your divorce, including sophisticated property division issues involving stock options and other employee benefits. The judge issued a property division order that did not address the lotto money. Once served, the respondent has 20 days to respond to the petition if they are an Arizona resident or 30 days if they are an out-of-state. One of the most important aspects of many divorce cases concerns what. Dividing business profits during a divorce in Arizona can be a very complicated issue. L. Rather than giving the. In the vast majority of cases, itDividing 401 (k)s and pensions can seem quite complex because you need to obtain a Qualified Domestic Relations Order (QDRO), which is a court order separate from a divorce decree. , 4,000 and 1,800), both granted on November 7, 1990. Vested vs. In most divorces, the court will equally divide the community property between the spouses . You should go to the Supreme Court in the county where you or your spouse now live. The cost of filing for divorce in Arizona varies depending on the complexity of the case and other factors. Stock Options and Divorce in Arizona The Arizona Court of Appeals issued a decision regarding whether stock options that have not vested before the petition of dissolution is served. Mesa Location: 1731 West Baseline Rd. Understanding the impact of how moving during a divorce can affect the resulting proceedings is essential for deciding how you should proceed. With market traded stock options, the common way to divide them is for the divorcing employee to keep the stock options while giving the spouse other assets with the equivalent value. , Suite 206 Tempe, Arizona 85281. The Hug case viewed the options as a form of deferred compensation for past. Debt is also subject to division in an Arizona divorce. A. If you have questions about purchasing property with separate funds to be held jointly in an Arizona divorce case, you should seriously consider contacting the attorneys at Hildebrand Law, PC. After cashing in nearly US$30,000 to pay support, the husband saw his remaining unexercised stock options drop in value to about US$7,600 by the time of trial. Before diving deeper into how stock options are divided in a divorce case, an individual should have a basic understanding of how any type of property is distributed in a California marriage dissolution case. The issue that you’re asking is how to distribute them as the stock has not yet been purchased and the right is not transferred to the non employee. Divorcing spouses will most likely benefit from hiring a real estate agent to manage the selling process and offer advice on key. For Immediate Help - Call Us (480) 438-8014. Our Arizona divorce attorneys have over 100 years of combined experience successfully representing clients in divorce cases in Arizona. S. The question sometimes arises as to what a court may do when separate property is used to buy community property in Arizona. HOW STOCK OPTIONS ARE DIVIDED IN AN ARIZONA DIVORCE; HOW IS COMMUNITY. Proving Separate Property in an AZ Divorce | Hildebrand Law, PC. Under. The “Baccanti formula” provides a method for dividing stock options and restricted stock units (RSUs) pursuant to the division of assets in a Massachusetts divorce. Martin $46,688. If you are considering a divorce in Massachusetts, and are unsure of how your stock options or RSU's will be divided, call Mavrides Law at 617. Kingsberry and Mr. Office: (480) 448-9800. HOW STOCK OPTIONS ARE DIVIDED IN AN ARIZONA DIVORCE; HOW IS. The Final Decree of Divorce will: list the community property each spouse will keep or, in some circumstances, order community property (such as a. If this is your situation, I invite you to call me. Separate property is owned by only one of the spouses, and thus is not subject to division during a divorce. Judges understand divorce can have a negative impact on the children. Let’s look at the questions attorneys ask most often — and the. An increase in the value of that separate property during the marriage is also separate property. They separated in 1990 and began discussing how to divide their property. )How to file a divorce in Maine. The easiest way to accomplish this is for each person to honestly disclose all property owned before and acquired during the marriage, regardless of whether or not the spouse knew about it. $204,004. These few techniques are the most basic courses for spouses to divide a business in a divorce. “ Fair and equitable” will, in most. ARS § 25-318. He has belonged to the American Academy of Matrimonial Lawyers since 1991 and the Appellate Lawyers Association since 2010. Under Arizona's community property laws, all assets and debts a couple acquires during marriage belong equally to both spouses. Exempted from this principle are any property or assets acquired before the marriage, by a will, or those the couple agree is separate property. Feinstein, a Chicago sole practitioner with over 30 years of experience, shares new mandates for divorce and life insurance policies. A judge dividing property in an Iowa divorce will consider all relevant factors, including the following: length of the marriage. Taylor, 329 N. read more. Wife claimed that these were community property assets. The first thing you should know is that Arizona is a community property state. However, a mere expectation to receive money is not divided in a divorce. Facts of and Case. Decision. 317, 319, 732 P. The law specifically stipulates this will include “prevention of acts of harm or cruelty” and “the provision of food. 1095 W. 5130. If you have questions about the division of deferred retirement option plans in an Arizona divorce case, you should seriously consider contacting the attorneys at Hildebrand Law, PC. It’s not necessarily a 50-50 split, though. 95, stock options must be further looked at to see the terms of their execution as well as when the grant would be. Family Law. Learn About the Valuation and Distribution Options For a Pension in an Arizona Divorce from the Experienced Attorneys at Hildebrand Law, PC. In California, separate property includes all property that is acquired by either spouse: before the marriage. John Howell and Sandra Howell divorced in 1991. If the stock is held for more than a year and sold at $35 a share, the employee will pay capital gains on the $15 of increase between the FMV on the date of exercise and the FMV on the date of sale. transferring property to or from a revocable living trust, and. The other party, the respondent, will be served the petition by a third party. In most states, couples can handle asset division by mutual agreement. how stock options are divided in an arizona divorce; how are retirement accounts divided in an arizona divorce; filing a lis pendens in a divorce in arizona; fair compensation defense in an arizona divorce; enforce a property settlement agreement in arizona; do rules regarding property apply to debts in arizona; division of debt in an. Our family law firm has earned numerous awards such as US News and World Reports Best Arizona Family Law Firm, US News and World Report Best Divorce Attorneys, “Best of the Valley” by Arizona Foothills readers, and “Best Arizona Divorce Law Firms” by North Scottsdale Magazine. The first step in property division is to identify all of the property currently owned by either party. pensions, profit-sharing plans, stock options, and other retirement and employment benefits; household items like clothing, furniture, jewelry, and art. each party's age, health, and station in life. It may also mean that the stocks are “under water” such that it does not make financial sense to purchase stock that has dropped in price below the exercise price. Another thing that a spouse should keep in mind is that there are many types of marital property. They can also agree to continue to own property together if they think they'll be able to cooperate as co-owners. The person responding to the divorce is called the Respondent. To reopen a divorce settlement, you must file a motion and other legal papers with the family court. If you would like to work with one of our experienced Attorneys to learn more, please call OWENS & PERKINS at (480) 994-8824 to schedule your free 30 minute consultation. In some cases, it is clear that only one of the spouses can continue to operate the business. 596, 606 P. L. On Wednesday, Jeff Bezos, the founder of Amazon and currently the richest person. Everyone knows that one aspect of a divorce is dividing marital property, known in Maryland as the equitable distribution of property. You can open all your accounts here. One of the most important aspects of many divorce cases concerns what. The parties were going through a divorce in Arizona. The experienced Arizona divorce attorneys at Hildebrand Law, PC have over 100 years of combined experience calculating the division of pension benefits in a divorce in Arizona. A. Serve the papers. For these reasons, it is not common for the court to divide property unequally in a divorce. Getting a full disclosure from your former spouse about each employment benefit is immensely important. Marital PropertyBeneficiary Designations After Divorce in Arizona From Hildebrand Law, PC. Brette's Answer: If a spouse has reason to believe the other spouse might waste (sell, dispose of) marital assets it is considered reasonable to have them held for safekeeping by the attorney. However, if your spouse is a non-resident alien, you will be taxed for. A Family Law Judge will be assigned to conduct proceedings and enter a divorce decree in AZ. , Suite 206 Tempe, Arizona 85281. Call us today at (480)305-8300 or reach out to us through. The percentage the other spouse is entitled. In a divorce, your spouse will have a 50% claim in the value of the company or any stock options you hold (assuming that the business was started during marriage and all of the stock was vested). Ct. It’ll stop the divorce in its tracks until the bankruptcy case is over. This article addresses how courts divide assets between a couple during their divorce case. The spouse who receives the stock options will then have a taxable gain or loss if they choose to sell them. It sent the case back down to the divorce court to apportion the $79,000 between separate and community property. The Arizona Court of Appeals in the published decision of Meister vs. and it can also be one of the most contentious issues in a divorce. 1095 W. For example, a QDRO might pay out 50% of the account's value that has grown during the. Mrs. Arizona law defines sole and separate property as property acquired prior to the date of marriage, after the date of service in a divorce, gifts to one spouse, one spouse’s inheritance, and pain and suffering damages. As of the date of trial, the wife owned 20,069 stock options awarded between April 14, 1987 and November 15, 1991. Czarnecki in 1973. 3d 1208 (Ariz. Divorce and separation: treatment of stock options for purposes of dividing marital property, 46 A. settling an ambiguity about inherited property. is located in Midland, Texas and serves the surrounding cities and counties, including: Odessa in Ector County, Andrews County, Martin County, Howard County, Winkler County and Crane County. Community property belongs to both spouses jointly (often referred to as the "community estate. In many ways, the best approach is to divide IRAs during a divorce. Koelsch, noted that property earned by either spouse’s employment is community property in Arizona. How to File for a Divorce Without a Lawyer in Arizona (Arizona Divorce Laws) In Arizona, all divorce and family law cases fall under the Superior Court’s jurisdiction. How Are Business Assets Divided In Divorce? Generally, marital business assets are to be divided equally in a divorce. Each case is different, the calculations are complex and care must be taken when considering any model or formula. PT and weekends 7 a. Usually, judges will assign each spouse a percentage of the total value of all the couple's marital property (sometimes called the marital or community estate), minus their debts. Equity in Home: Ability to access equity may be required if the home is not being sold or one spouse wants to purchase before the home is sold or the divorce is final. I. . Under this method, the court determines the community interest in the pension and its present cash value. In the case of In Re Marriage of Inboden, 225 P. Rio Salado Pkwy. It’s strongly recommended to submit the draft QDRO to the 401 (k) plan administer for their review and approval. Muchesko. Landman, 212 P. Basic rules for dividing stock options in divorce:. They aren't…. Adam Ramirez has been writing and editing about the law and legal issues for more than 20 years. In Colorado, unvested restricted stock awarded during the marriage that carries both associated dividend and voting rights will generally be considered marital property to be divided in the divorce. M. Ct. 2d 721, The husband’s stock options were marital property subject to distribution in divorce, although they were personal to him and could not be assigned or sold, where they were acquired during the marriage. Whereas, if the accumulated paid time off is not reimbursable, it is the separate property of the spouse who earned it and it should not be divided in a divorce. The court determines the value of unexercised stock options and decides upon an equitable division. Example: Susan and Steve have two significant assets: $100,000 equity in their home ($50,000 each) and the value of their business - $350,000 ($175,000 each). The Arizona Court of Appeals in the case of Bell-Kilbourn vs. There are nine community property states: Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, and Wisconsin. Fellow also acquired stock within Western Drilling Company. Call us today at (480)305-8300 or reach out to us through. 4th 640. It awards half of that amount to the nonemployee spouse in the form of equivalent property. (770) 425-5573. § 25-318 gives the court in a divorce case jurisdiction over the division of property held by the spouses in joint tenancy; however, in this case, the property was acquired before the adoption of the 1962 amendment and was therefore not affected by this amendment. For instance, your spouse’s company may release a disappointing quarterly earnings estimate, which may result in a steep drop in stock prices. OPPORTUNITIES FOR CPAs. Buying out the other party. In the case of an Incentive Stock Option, the taxpayer does not recognize income upon the granting or exercise of the option. The following is an overview of the community property laws of Arizona as they apply to financial. The appellate court presumed the decree to be fair and equitable. 2009) presented a host of legal issues, both big and small, related to such a motion. Judges will presume that any property acquired during the marriage is due to the spouses' joint efforts, unless one. S. A judge in Arizona is required to fairly and equitably divide the parties’ property and debts in an Arizona divorce or legal separation. Czarnecki in 1973. The disclaimer deed is a legal document that has legal consequences. However, as noted, this is not always practical or even possible. What Are My Options for Splitting a 401(k) in a Divorce? Splitting a 401(k) or any other type of retirement asset in an Arizona divorce requires careful consideration and adherence to specific procedures. After earning a law degree from the University of Arizona, he clerked for two years for a U. What if I change my mind after starting a divorce case? If you and your spouse decide to stay married, the divorce case can be canceled (or "dismissed") by fil-ing a request with the Clerk of Superior Court. . To start your dissolution or divorce, you must complete a “Petition for Dissolution of Marriage” and file it with the court. Many people just ignore them in divorce cases which can cost one party or the other a tremendous amount of money. Leisure Lane had an appreciation of $145,100. But even getting a complete list of the assets can be challenging. A judge will divide a divorcing couple’s property and debts, unless the couple is able to reach a settlement agreement. The case of Engel v. Arizona is a community property state upholding the division of marital assets and obligations between divorcing spouses. Both the Detailed and Summary reports have the. agreements between the spouses concerning property division. Tucson Location:Distributing Stock Options During an Arizona Divorce. FAMILY CODE. Open a credit card in your name alone. Divorce is never easy, but working with the right Arizona divorce attorney can make the process a little more manageable. Call For Consultation (480)305-8300. Description. Under. Divorce engagements can require CPAs to act in either or both of two roles. North Carolina's Equitable Distribution Law requires every marital asset to be valued before it is divided, and determining the value of stock "options" has caused headaches for many Divorce Attorneys and Judge's alike. For example, if you have stock options that have not vested during the marriage, they may not be included in the marital pot. A judge will divide a divorcing couple's property and debts, unless the couple is able to reach a settlement agreement. 103 (1997) provides that assets “earned during the marriage” are considered part of the marital estate. What if I change my mind after starting a divorce case? If you and your spouse decide to stay married, the divorce case can be canceled (or "dismissed") by fil-ing a request with the Clerk of Superior Court. Kroncke was the administrator of his father’s estate (the “Estate”) and requested the. The parties were married on February 15. Our family law firm has earned numerous awards such as US News and World Reports Best Arizona Family Law Firm, US News and World Report Best Divorce Attorneys, “Best of the Valley” by Arizona Foothills. Nations Top 1%, Free Initial Consultations with a Lawyer. Stock options are subjection to division between spouses in a divorce. See all personal services. Contact an experienced family law attorney today by calling the law offices of DeShon Laraye Pullen PLC at 602-252-1968. A house is usually a couple’s largest asset, and the sale of a house can give divorcing spouses an appealing sum of money to divide. 2010), the Arizona Court of Appeals discussed whether a divorce court can divide the equity in a marital home on the basis of each spouse’s contribution of separate property to its purchase. Ct. This straightforward method is commonly used for publicly traded companies. Any stock options or restricted stock received after the date of separation is considered the separate property of the spouse that. The cash value from a life insurance policy represents part of your net worth as a couple. At Cohen Family Law, our practice is dedicated to helping families in Arizona find amicable solutions to these challenges. 3d 599 (Ariz. Arizonian family courts emphasize fairness when dividing up a property. 70. As Arizona is one of nine community property states in the United States, anything earned (or debt incurred) during the marriage is community property and, thus, subject to “equitable” distribution in a divorce. With stock options, the employee has the right to buy stock in the employer at a pre-set price (called the “strike price”) usually following a waiting period (called the “vesting period”). Email. e. THE MARRIAGE RELATIONSHIP. Arizona law describes what happens if the community invests money in the separate property of one spouse. Property division in a divorce in Community Property Arizona can be complicated. In the case of In Re Marriage of Inboden, 225 P. Family Law: Transferring Private Company Interest in Divorce—Going Beyond the Basics to Ensure Continued Success and Avoid Conflicts. The value of the stocks will not become. The court awarded some of the guns to the husband as his sole and separate property but divided other firearms as community property. Such property includes: Professional licenses; Stock options; Retirement plansPosted On May 25, 2022 In Divorce. While they what married, to husband had acquired an interest in ampere ranch with theirs father. Arizona is a community property state. Valuing a home is both a science and an art. To schedule a consultation with one of our skilled student loan settlement attorneys, call (855) 976-5777 or fill out our online contact form. The first is the “present cash value method”. 8880. Rio Salado Pkwy. Remember, the divorce will have a. Learn About Military Retirement Pay, the USFSPA, and Divorce in Arizona from Our Arizona Divorce Attorneys at Hildebrand Law, PC. The trial court limited her obligation to the extent of the community property she received in the divorce. Certified Legal Specialist - AV Top Rated Law Firm. Call our Phoenix, Arizona office at (602) 732-3098. You can get a portion of your spouse s stock options during a divorce proceeding. By analogy, if an account has 100 shares of ABC stock in it as of date of separation/divorce and the value of those shares is $10 a share, then the alternate payee can expect to receive 50 shares of ABC stock (which at the date of separation/divorce-are worth $500). R. Let our property division lawyers use our knowledge and experience to put a price on your stock options and figure out how to make them work as part of your proposed plan for the division of marital assets. Key Takeaways. If you have questions about s spouse hiding assets in an Arizona divorce case, you should seriously consider contacting the attorneys at Hildebrand Law, PC. The most common filing fees are listed below: Petition for Dissolution (Divorce) – $338. This can sometimes mean 55/45 or 60/40 or 40/60—every case is unique. When you begin the process of getting divorced in Arizona, you will come to learn that most of the contention is around two things: child custody and financial matters. Arizona Divorce Rules and Property Division. How the 401 (k) is to be. For the sake of general discussion, we have broken family law appeals into three broad areas: Divorce appeals; Child custody appeals; and. 2d 208 (Ariz. Whereas, if the accumulated paid time off is not reimbursable, it is the separate property of the spouse who earned it and it should not be divided in a divorce. The wife asked for the court to divide the retirement as community property. A property settlement agreement becomes a legally binding part of the final judgment when your marriage is officially dissolved. Brown can be reached in Los Angeles by phone at (323) 766-6426. Under Arizona law, a parent can ask the court to modify child support obligations upon a showing of changed circumstances. (480) 833-8000. Mitchell v. Arizona falls in line with many of the same state laws regarding divesting assets and stock options during. 4) Selling your house after divorce may be more difficult due to a lack of cooperation from a spouse due to hurt feelings stemming from the divorce litigation. The IRS allows divorcing spouses to each keep the same cost basis and holding period for an investment they already own. PT. He is a Certified Divorce Financial Analyst™, Chartered Retirement Planning Counselor. Questions &. This means that a property settlement debt will not have priority status in a. Adam Ramirez has been writing and editing about the law and legal issues for more than 20 years. Retirement Assets. Call us today at (480)305-8300 or complete our new client form to learn how much you or your spouse will receive from a pension in a divorce in Arizona. This will allow you to work together to secure your short. The first is the “present cash value method”. But it doesn't mean that your only option in a divorce is selling your house. Mr. Green, 64 Md. HOW STOCK OPTIONS ARE DIVIDED IN AN ARIZONA DIVORCE; HOW IS. The Arizona Court of Appeals in a memorandum decision in the case of Lee vs. Order a free credit report. Each case is different, the calculations are complex and care must be taken when considering any model or formula. If you have questions about purchasing property with separate funds to be held jointly in an Arizona divorce case, you should seriously consider contacting the attorneys at Hildebrand Law, PC. That means that, after the divorce decree was entered, each spouse was the owner of 50% of.