In this session we will utilize case studies to show how stock options, pensions, and phantom stock are commonly treated for purposes of income determination and valued for purposes of asset division. Additionally, we will examine complexities related to business valuation and phantom income in divorce settings.

Presented by Robert Carter (MS, CPA/CFF, CVA, CFE, CEPA) and Kristopher Hallengren (CPA/ABV/CFF, ASA, MSF) of Vallit Advisors.

3.0 hours of CLE credit will be offered by the surrounding MCLE states of Virginia, Delaware and Pennsylvania.

The following topics will be reviewed during the program:

• Overview of types of complex income/equity items
• Discussion of key terminology
• Stock Options: How they work, are documented, and calculated
• Stock Options: Case Study
• Pensions: How they work, are documented, and calculated
• Pensions: Case Study
• Phantom Stock: How it works, is documented, and valued
• Phantom Stock: Case Study
• Valuation Complexities: Considerations and how it impacts the case
• Valuation: Case Studies
• Phantom Income: How it's documented and what it represents
• Phantom Income: Case Study