Illinois couples know that putting a monetary value on all of their possessions can be difficult. When done during a divorce, this task is almost impossible. Some assets, however, can be more problematic than others due to their nature.
In order to split a married couple’s assets during a divorce, everything that is marital property must be valued and divided in some way. This even split can be modified by an agreement, but generally there is no escaping the valuation stage. For stock options and restricted stock, this can be a difficult process. Stock options are given by a company as compensation, allowing an employee to purchase stocks at a later date for a (usually much lower) set price. Restricted stocks are shares that are barred from transfer until a certain condition occurs. Usually, this is a specific length of time that must pass.