Stocks and Brokerage Accounts in an Oregon Divorce
What to Know About Brokerage Accounts in an Oregon Divorce: The Short Version
A brokerage account is a financial account that lets you buy and sell investments like stocks, bonds, and mutual funds. Some of Matthew's clients have a brokerage account for their individual investments, whereas others may have such an account to hold stock granted to them by their employer or purchased at a discount through an Employee Stock Purchase Plan.
Options for the handling of stocks and brokerage accounts in an Oregon divorce include:
There are advantages and disadvantages of each approach, which Matthew will review with you in mediation.
Options for the handling of stocks and brokerage accounts in an Oregon divorce include:
- Divide the assets via a Qualified Domestic Relations Order (QDRO), if they are part of your retirement plan.
- Transfer via a direct rollover to a new or existing account in the other spouse's individual name.
- Divide the account such that one party opens a new account at the same institution, and the other spouse keeps her or his share of the assets in the existing account and converts it to an individual account.
- Offset the value of the assets with a cash award or other property for one spouse, while the other spouse keeps the brokerage account or stocks without division.
- Sell all or a portion of the holdings and use the proceeds as a component of the overall division of marital assets.
There are advantages and disadvantages of each approach, which Matthew will review with you in mediation.
Next Steps
Schedule a 90-minute in-person or Zoom introduction (first hour is always FREE)
or a 30-minute free "meet-and-greet" as soon as you're ready to begin mediation.
or a 30-minute free "meet-and-greet" as soon as you're ready to begin mediation.