Stock options divided in an arizona divorce case. 2d 712 (1953), the Arizona Supreme Court considered the question of whether Arizona courts would enforce an agreement made by an unmarried, cohabiting couple to pool their earnings and share equally in all assets gained during their time together. Stock options divided in an arizona divorce case

 
2d 712 (1953), the Arizona Supreme Court considered the question of whether Arizona courts would enforce an agreement made by an unmarried, cohabiting couple to pool their earnings and share equally in all assets gained during their time togetherStock options divided in an arizona divorce case  Let us provide you with the personalized legal representation that you need during this difficult time

" " indicates required fields. However, an Arizona judge may only consider those capital gains taxes if a sale of the. HOW STOCK OPTIONS ARE DIVIDED IN AN ARIZONA DIVORCE; HOW IS COMMUNITY PROPERTY DIVIDED IN ARIZONA;Stock Option Challenges. As a Phoenix contested divorce attorney with over two decades of legal experience, I have the knowledge and skills to vigorously represent clients in highly acrimonious dissolutions. Therefore, the community could not claim a lien. Asset division is one of the major financial components of a divorce. A judge dividing property in an Iowa divorce will consider all relevant factors, including the following: length of the marriage. Nations Top 1%, Free Initial Consultations with a Lawyer. To determine the relative marital value and non-marital values of stock options, Minnesota Courts have looked to the same methods that are used for valuing unvested pension interests. The most equitable thing to do is to. If the restricted stock carries with it only one of the characteristics of ownership (voting or dividends, but not both) Colorado law is unclear. Employers may get dragged into an employee’s divorce when stock options are involved. In the state of Arizona, all assets acquired during the marriage, by either spouse, are presumed to be community property. CIT Bank is a solid option if you’re looking for a high-interest savings account with no monthly fees. Arizona is a community property state upholding the division of marital assets and obligations between divorcing spouses. The high-powered divorce law team at The Valley Law Group can help you understand all the options and legal tools available to you. If you have questions about your own case, speak to a local family law attorney for advice. C. As Arizona is a community property state, each spouse is. Proving Separate Property in an AZ Divorce | Hildebrand Law, PC. Arizonian family courts emphasize fairness when dividing up a property. Ct. In a community property state, marital property becomes community property, which is jointly owned by both spouses. There are state-specific regulations for people looking to get divorced in Arizona. 8,902. Intrinsic Value. The exception to this is if any accounts were funded prior to marriage. Kroncke was the administrator of his father’s estate (the “Estate”) and requested the. In other words, after the value of stock options is ascertained by an expert witness, like a forensic accountant, the. Rather, the court will divide property between spouses in a way that it considers fair. Mrs. Restricted stock units (RSUs) are. Stock Options and Restricted Stock and Your Divorce. This can be a good option when you don’t want or can’t trust your ex-spouse with the responsibility. While the house is considered the wife’s separate property because she purchased it before the marriage, the $210,000 represents the community lien on the property. Courts in equitable distribution states will split all assets, earnings, personal property, and debts between the spouses in a division that is fair (in the eyes of the judge) but not necessarily equal. Generally, a divorce has three types of property:Let’s talk about the effect of stock options on child support in Arizona. Attorneys with you, every step of the way. Call now. whether a spouse brought property into the marriage. The disclaimer deed in that divorce was signed on a home purchased during an Arizona marriage. The Arizona Divorce Handbook, by attorney Scott David Stewart, has an entire chapter devoted to property division in non-military pension division. The marital property will be divided in the divorce by the judge if you cannot settle. Any stock options or restricted stock received after the date of separation is considered the separate property of the spouse that. At the end of your divorce case, a judge will divide your property and debt by signing a Final Decree of Divorce (also referred to as Final Decree). Stock options typically vest over a specified period of time (usually 3-5 years) with a certain. Exceptions may occur in situations. Earnings of either spouse during a marriage are community property in Arizona. Stock options earned during the marriage are divisible in divorce. read more. Brown is here to help people with their. It sent the case back down to the divorce court to apportion the $79,000 between separate and community property. Each case is different, the calculations are complex and care must be taken when considering any model or formula. Divorce Rules and Property Division in Arizona. 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. Divorce proceedings in Virginia occur through several steps: separation, filing, property division, child custody and child support, and spousal support or alimony. The separate property of a spouse can be turned into community property in Arizona. Accordingly, that property must be. A. The community property is liable for the premarital separate debts or other liabilities of a spouse, incurred after September 1, 1973, but only to the extent of the value of that. 122, 494A. Our Arizona divorce attorneys have over 100 years of combined experience successfully representing clients in divorce cases in Arizona. This effectively means that any debt that is a divorce-related debt will be non-dischargeable if you file a Chapter 7 Bankruptcy. This includes credit card debt, mortgage debt, student loan debt, and any other debts that were incurred during the marriage. Description. 2010), the Arizona Court of Appeals discussed whether a divorce court can divide the equity in a marital home solely on the basis of each spouse’s contribution of separate property to its purchase. Under the deferred distribution model, at the time of your divorce, the court or the couple will come up with an appropriate formula by which you will be paid when your employee spouse exercises. In the complaint, plaintiff must claim and eventually. Here are some key steps to follow, if stock options and/or restricted stock will be divided as part of your divorce settlement: Make sure you know the options/stock actually exists. Options for what happens to the house in a divorce: Dividing assets — one person gets the home, the other gets other assets. However, state laws vary. John Howell and Sandra Howell divorced in 1991. Every parent or spouse with a divorce or child custody dispute pending should know a little about the appeal process in Arizona law. Call LegalZoom See our FAQs. 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. Muchesko and Mr. They will advocate for a division of property that works in your favor. The second option is to divide debt according to state law. The court will look at the value of the stocks, as well as any other assets, and decide how to divide them between the. the courts generally seek to divide debt equitably in a divorce case. 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. . For instance, if the option is valued at $100,000,. In the case of an Incentive Stock Option, the taxpayer does not recognize income upon the granting or exercise of the option. In many divorce cases, the couple’s credit scores get hit from a combination of things before and during a divorce. If the parties are unable to agree upon the division of their property, the court will assign to each party any sole and separate property belonging to him or her and will “fairly and equitably” divide the remaining community property. In this case, the employee spouse needs to act as a fiduciary for the ex-spouse well after the divorce is finalized. Any community property that is not mentioned in a divorce decree is transformed into property held as tenants in common. However,. Choosing between term life and another policy type. HOW STOCK OPTIONS ARE DIVIDED IN AN ARIZONA DIVORCE; HOW IS COMMUNITY PROPERTY DIVIDED IN ARIZONA;Equitable Distribution. If you need help dividing your retirement benefits because you are divorcing your spouse, call DeShon Laraye Pullen. In the case of Leisure Lane it was determined the community contributed $39,741. For equitable distribution, the usual date is the date of the divorce filing in terms of which assets to include in the marital pot for equitable distribution purposes. Another may be the addition of a spouse’s name to a property that was purchased prior to the marriage. In Arizona, as a community property state, any 401(k) funds accumulated during the marriage are subject to equal division between spouses. HOW STOCK OPTIONS ARE DIVIDED IN AN ARIZONA DIVORCE; HOW IS COMMUNITY PROPERTY DIVIDED IN ARIZONA;The first issue is supported by the well-established rule in Arizona presuming a gift occurs if one spouse places separate real property in joint tenancy. The courts. Divorcing spouses will most likely benefit from hiring a real estate agent to manage the selling process and offer advice on key. However, if the spouse’s efforts during. John Howell and Sandra Howell divorced in 1991. ARIZONA COMMUNITY PROPERTY LAWS. Rio Salado Pkwy. HOW STOCK OPTIONS ARE DIVIDED IN AN ARIZONA DIVORCE; HOW IS COMMUNITY PROPERTY DIVIDED IN ARIZONA;October 22, 2022 by Thomas. For instance, if the option is valued at $100,000,. To reopen a divorce settlement, you must file a motion and other legal papers with the family court. During a divorce in Arizona, the equity is often relied upon as a bank account in the property settlement, and to start your new life. One of the most important aspects of many divorce cases concerns what. There are many ways two people going through a divorce or other fami ly law. mployee stock option division in divorce is a confusing and complex area fraught with tax complications and imprecise valuation methods. However, any money earned or assets acquired before marriage by a spouse is the separate property of that spouse. W. The same is true for your spouse’s 401 (k) if they have one. Determining whether stock options may be transferred to a nonemployee spouse and, if so, how to divide them differs in each case. There was a (somewhat) recent case in the Arizona Court of Appeals on this very issue that affirmed the court’s position. 2d 812 (1980), the Arizona Supreme Court ruled that one spouse’s personal injury recovery can include some money that is community property and some that are. “ Fair and equitable” will, in most. 2d 712 (1953), the Arizona Supreme Court considered the question of whether Arizona courts would enforce an agreement made by an unmarried, cohabiting couple to pool their earnings and share equally in all assets gained during their time together. A marriage breakdown is emotionally draining, and it can be especially so when it comes to the financial picture. All filing fees are payable to the Clerk of the Superior Court when you file your documents. The case of Engel v. L. Since 1997, each spouse may exclude up to $250,000 (or $500,000 as a couple) from any capital gains tax if the spouses have lived in the house for any two of the last five years. That would make the Drahos calculation as follows: 70,000 + [ (70,000/100,000) x 200,000] = 210,000. Going through a divorce requires the couple to make agreements on joint assets, like the marital home. It is a court order that divides pension payments between spouses. This typically occurs when a spouse owns a home during a marriage but then adds his or her spouse’s name to the Deed to the home. Judges will presume that any property acquired during the marriage is due to the spouses' joint efforts, unless one. Certified Legal Specialist - AV Top Rated Law Firm. App. App. Stock options and restricted stock units (RSUs) are time-delayed financial assets, which makes it difficult to divide them in a divorce. Taxes During MarriageGen. 317, 319, 732 P. The fundamental rule is that all property acquired by either spouse during the marriage (with narrow exceptions) is considered “marital property. There are many options to keep as much of your 401 (k) as possible during a divorce. Legal wrangling aside, if you and your ex need to purchase a new policy after your divorce, you’ll need to determine if term or permanent life insurance is the best choice. Let us provide you with the personalized legal representation that you need during this difficult time. 2010) the Arizona Court of Appeals discussed when a divorce court could divide community property equitably instead of equally. 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. To schedule an appointment about your case with a member of our dedicated legal team, call Coker, Robb & Cannon, Family Lawyers at (940) 293. This straightforward method is commonly used for publicly traded companies. S. Fellow also acquired stock within Western Drilling Company. Ct. That means that, after the divorce decree was entered, each spouse was the owner of 50% of. They separated in 1990 and began discussing how to divide their property. , Suite 206 Tempe, Arizona 85281. In Van Loan v. THE MARRIAGE RELATIONSHIP. The divorce judge in the Carroll case assigned a large portion of the community debt to the husband. Ct. In Stevens v. Community property belongs to both spouses jointly (often referred to as the "community estate. Chapter 13 does not have the same limitations as Chapter 7 as Section 523 (a) (15) does not apply to a Chapter 13 bankruptcy filing. Tucson Location:Distributing Stock Options During an Arizona Divorce. Divorce) or a Petition for Legal Separation. Other formulas may be used and the individual grants may also be considered on a case-by-case basis. The husband admitted in a verified answer that the retirement account was community property. S. 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. The trial court awarded them to the mate as his. Mrs. HOW STOCK OPTIONS ARE DIVIDED IN AN ARIZONA DIVORCE; HOW IS. Whether your business is subject to property division depends on what kind of property it is. In many cases, a set-off might be a possibility. 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. Much like when arguing over the custody of a child, a spouse can now petition the court for sole or joint ownership/custody of the pet based on providing care to the pet. A wife won the lottery with a group of coworkers, but didn't tell her husband about the winnings and filed for divorce 11 days later. 8880. Questions &. 1095 W. e. Call us today at (480)305-8300 or reach out to us through. The Arizona Court of Appeals in the In re the Matter of Flowers case held that although a sole and separate home was turned into community property during the marriage, a trial court may have the authority to award 100% of that home to the spouse who originally owned it as sole and separate property if it is equitable to do so. The IRS allows divorcing spouses to each keep the same cost basis and holding period for an investment they already own. Distributing Stock Options During an Arizona Divorce. Most commonly, options are divided using coverture and valued using Black-Scholes. S. S. Types of Business Appraisals in an Arizona Divorce From Hildebrand Law, PC. Our Arizona community property and family law attorneys have over 100 years of combined experience successfully representing clients in community property and family law cases. Filing on. This means that it will be divided equally in the divorce proceedings. In a common law state, marital property is owned by the spouse that bought it. Czarnecki retired from the military that same year and received retirement benefits. In these states, all of a married couple's property is classified as either community or separate property. Additionally, we can assist you with matters of domestic violence, orders of protection, child custody, spousal support. $204,004. For example, if $10,000 in marital assets were hidden, the judge may order the spouse who hid the assets to pay $5,000 to the other spouse. 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. Email Us To have one of our experienced attorneys contact you, please fill out our confidential form below. 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. S. 254. They can help work out the best co-parenting or custody arrangement for you. Jared Spinelli, a divorce attorney and Partner at Rubin and. Mesa, AZ 85202. Evans and Mrs. To divide a business in a divorce, the court will look at relevant financial information such as contracts, invoices, certificates, balance sheets, profit and loss statements, and more. If the couple cannot decide on a way to divide the debt, the couple will need to go to court, and the judge will determine how the property should be divided. 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. This capital gains exclusion can work against a single house owner who takes the house as part of the settlement, and then sells it later as a. Our network attorneys have an average customer rating of 4. Here in New York, the portion of stocks earned as compensation during the marriage are considered marital. 7,300 of the stock options were granted after the complaint for divorce was filed. PT. 29 and the purchase price was $199,900. . 7. To discuss your divorce or marital debt needs, contact our team. At Cohen Family Law, our practice is dedicated to helping families in Arizona find amicable solutions to these challenges. Anderson, 256 P. Equitable distribution is the more common system of property division, used in 41 of the 50 states. papers filed in the divorce case. This article addresses how courts divide assets between a couple during their divorce case. To schedule a consultation with one of our skilled student loan settlement attorneys, call (855) 976-5777 or fill out our online contact form. Koelsch, noted that property earned by either spouse’s employment is community property in Arizona. However, if your spouse is a non-resident alien, you will be taxed for. The Arizona Court of Appeals in the case of Schickner v. , Suite 206 Tempe, Arizona 85281. Once you have ensured that the QDRO meets the requirements of the 401 (k) plan. 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. The amount each spouse receives of the pension depends upon: How much of the pension was earned by the employee spouse before marriage or after service of the. So, we wanted to provide answers to frequently asked questions about Arizona community property laws. If there are significant assets as well as debts involved, the situation can get very complicated. Property that is gained by a spouse through inheritance or gift will be that spouse’s sole and separate property, regardless if received before, during, or after a divorce or. You can consider selling your home, how close you are to Social Security (age 62), gathering evidence that keeps more money in your pocket, and making lifestyle changes that put more money back into your 401 (k). Learn about property division and other issues in an Ohio divorce at our resource section on Ohio Divorce & Family Law. Loans, credit cards, and utility payments are an essential part of the financial division in a divorce. Going after your spouse’s stock options and RSUs during a divorce can be tricky, mainly because the value will change over time. 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. Arizona Divorce Rules and Property Division. Most stock option vesting periods span about three to five. After Hours: 248-733-5021. There are important tax ramifications for transferring these benefits that affect how an employer. . Van Loan 569 P. Call For Consultation (480)305-8300. Generally, filing fees range from $200 to $250, with additional costs for court-related services. separate property and how marital property is divided). Exempted from this principle are any property or assets acquired before the marriage, by a will, or those the couple agree is separate property. That doesn’t mean that the husband gets $210,000- it means that the wife. Jimenez had to address the issue, among others, of whether an Arizona divorce court has the legal authority to join a third party in a divorce case for the purpose of allowing a spouse to bring a fraudulent conveyance claim in an Arizona. 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. After earning a law degree from the University of Arizona, he clerked for two years for a U. Such property includes: Professional licenses; Stock options; Retirement plansPosted On May 25, 2022 In Divorce. 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. Some formulas apply to options granted prior to the marriage that vest. Learn when you might get—or pay—alimony in an Arizona divorce, how long it may last, and how to calculate the amount under the state’s spousal maintenance guidelines. For example, if you have stock options that have not vested during the marriage, they may not be included in the marital pot. Spouses can divide assets by assigning certain items to each spouse, possibly with an equalizing payment if one spouse gets substantially more than the other, or by selling property and dividing the proceeds. At Goldman Law, we understand that preparing all the necessary documents for your divorce can seem overwhelming. If you have a question about divorce in Arizona, please call to speak to one of our experienced Scottsdale and Phoenix Arizona divorce attorneys at (480)305-8300. If you have more questions beyond "how are stock options from employers divided in a divorce," contact our Virginia family lawyers online or call (888) 530-4374 to schedule a consultation. In Van Loan v. 3d 599 (Ariz. Bobrow, 241 Ariz. Divorce and separation: treatment of stock options for purposes of dividing marital property, 46 A. For more information about your legal options during a divorce, we encourage you to contact a skilled divorce and family law attorney. The 1962 amendment to A. e. 4th 640. It awards half of that amount to the nonemployee spouse in the form of equivalent property. Our Phoenix property division lawyers also represent people in cases requiring enforcement of decrees for. If you have questions about sharing a personal injury settlement in an Arizona divorce case, you should seriously consider contacting the attorneys at Hildebrand Law, PC. Learn About the Valuation and Distribution Options For a Pension in an Arizona Divorce from the Experienced Attorneys at Hildebrand Law, PC. Learn this and more on LegalMatch by calling (415) 946 - 3744. Divorce; Name change; Real estate. High asset divorce cases can become extremely contentious when it comes to the division of property because the stakes are higher. 2d 21 (Ariz. 265, 955 P. Published By: My AZ Lawyers. § 25-315. Before we discuss the division of Employee Stock Options, a basic understanding of how they function is important. One spouse, the petitioner, will be responsible for filing the divorce petition and declaring the grounds for the divorce. An Equal Distribution of Community Assets is Required in Most Cases. Keep in mind that division of assets may be more complicated for certain types of companies, such as a service-based business. The two approaches are: Community property: In community property states, marital property is divided 50/50. 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. In contrast, Tennessee requires only that the year-long desertion or absence be willful or malicious, with no reasonable cause. Alternative Dispute Resolution in Arizona is simply a legal term meaning mediation. 272 (1977), the Arizona Supreme Court considered whether a military pension is a property right or an expectation for divorce purposes if the military spouse has not – at the time of the divorce – completed the years of service necessary to claim it. 2009) presented a host of legal issues, both big and small, related to such a motion. When it comes to stock options and deferred compensation in divorce, attorneys typically have many questions. S. Valuation Methods. Get the right guidance with an attorney by your side. Mr. Our Arizona divorce attorneys have over 100 years of combined experience successfully representing clients in divorce cases in Arizona. 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. Meister addressed the analysis a judge should apply when choosing the valuation date of a business in an Arizona divorce. However, it is essential to note that the division must be equitable rather than strictly equal, allowing judges some discretion in making decisions. read more. Key Takeaways. The parties were going through a divorce in Arizona. In Kingsberry’s case, Western Drilling repaid all of the community loans in full. While it’s yours in name, you can’t transfer or sell it until a certain amount of time has passed. Understanding and Calculating Alimony in Arizona. Rio Salado Pkwy. Dividing Sole and Separate Property and Community Property. com to schedule an in-office consultation. Arizona falls in line with many of the same state laws regarding divesting assets and stock options during. If you need information about what happens to an increase in the separate property during a divorce in Arizona, you should seriously consider contacting the attorneys at Hildebrand Law, PC. Complex Property Lawyers. States have different rules about how property is divided in a divorce. In Arizona, a high net worth is defined as financial assets of over $1 million. The stock need not be publicly traded, but in most of the reported cases, a regular market does exist for the stock at issue. Let’s look at the questions attorneys ask most often — and the. At this time, Mr. Determining the value of stock options based on the current market price. Contact an experienced family law attorney today by calling the law offices of DeShon Laraye Pullen PLC at 602-252-1968. Although equitable division usually means equal, a judge who believes that a 50/50 split would be unfair can divide the property in a different proportion after considering all. by: Winstead’s. If you have questions about dividing a business in an Arizona divorce case, you should seriously consider contacting the attorneys at Hildebrand Law, PC. read more. to 7 p. A court may exclude from division options that are unvested at the time. He also ordered Mr. A Conclusion of Value can be presented in either a Detailed or Summary Report. It’s strongly recommended to submit the draft QDRO to the 401 (k) plan administer for their review and approval. Arizona law requires a fair (or “equitable”) distribution of divorcing spouses’ community assets, and, in most cases, this will mean a 50-50 split. 9900, or email us at info@mavrideslaw. Consider Capital Gains Taxes on the Sale of a House in an Arizona Divorce. The first is the “present cash value method”. Part 1: The first step in your case should be to speak with a lawyer to get legal advice. App. Learn About the Valuation and Distribution Options For a Pension in an Arizona Divorce from the Experienced Attorneys at Hildebrand Law, PC. GENERAL RULE OF PROPERTY DIVISION. The first is the “present cash value method”. Foster, the husband filed an appeal of the trial court’s division of guns in an Arizona divorce. Arkansas law requires an equitable, or fair, division. In most states, couples can handle asset division by mutual agreement. That way, they can take advantage of all the time- and cost-saving benefits of uncontested divorce (discussed below). In most cases, Stock Options or RSUs that are community property will just be divided equally between the parties, and Stock Options and RSUs that are. However, as noted, this is not always practical or even possible. Over 15 million employees have stock options and restricted stock plans, and this number is expected to balloon in the coming years. Understanding the impact of how moving during a divorce can affect the resulting proceedings is essential for deciding how you should proceed. Arizona law requires an equitable division of all community (marital) property upon divorce. Stock options give the recipient the opportunity to invest in company shares during a set time period for a lower than average price. For more information regarding the division of stock options in an Arizona d. Consider Capital Gains Taxes on the Sale of a House in an Arizona Divorce. How Are Assets Divided in a Divorce in Arizona? When a couple divorces in Arizona, the court will divide the community property equitably. From Scottsdale Airport head northwest on E Butherus Dr toward N 75th St and use the left 2 lanes to turn left onto N Scottsdale Rd. read more. Michael I. 8 out of 5 stars. Leisure Lane had an appreciation of $145,100. , Suite #100. Our advice is not contesting a wife’s entitlement to more than 50%, but trying to settle out of court by. Jimenez had to address the issue, among others, of whether an Arizona divorce court has the legal authority to join a third party in a divorce case for the purpose of allowing a spouse to bring a fraudulent conveyance claim in an Arizona divorce to recover monies a wife alleged her husband had. HOW STOCK OPTIONS ARE DIVIDED IN AN ARIZONA DIVORCE; HOW IS COMMUNITY PROPERTY DIVIDED IN ARIZONA;One of the most important aspects of many divorce cases concerns what. To do that. 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. M. 2d 795 (Minn. The four premises of value Arizona court’s may apply to a business appraisal in a divorce case are the “going concern premise,” “value of the assets premise,” “value of the sale of the assets premise,” “value of the assets in an expedited liquidation premise. Our Arizona community property and family law attorneys have over 100 years of combined experience successfully representing clients in community property and family law cases.