Are stock options considered an asset to be divided during the divorce?

Yes. The current state of the law in Illinois is that those types of options are considered and are divided by the court. The options will be divided if and when exercised by the person who holds them. It’s a routine matter, and as long as your attorney has been through that process before, that’s not overly challenging.

Chuck Roberts is family lawyer at Momkus McCluskey Roberts, LLC, one of the largest law firms in DuPage County, Illinois.