How is a signing bonus typically treated in a divorce settlement?
A signing bonus received during the marriage is usually considered an asset, whereas one received after the divorce may be categorized as unusual or irregular income. This differentiation helps determine whether the bonus should be included in the division of property or assessed as part of the post-divorce cash flow.
Property Division Introduction
Property division is one of the two financial categories addressed in divorce, focusing on the division of assets and liabilities, including real estate, debts, financial accounts, investments, automobiles and personal possessions.
Property Division Legal Overview
Learn about property division law generally and key differences between community property states and equitable division states.
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