Bonus income - is he entitled?


#1

My husband and I are working through our separation agreement. We both work at the same company and are getting our yearly bonus this week. He thinks we should add them up and each get half. I make more money. Why should he get half of my bonus? Is there any legal implications here if I take my own bonus? What if the separation agreement isnt signed by the time we get the bonus?

Thanks!


#2

Depending on your situation, there could be consequences if you dispose of your bonus. I would advise that you not do anything with your bonus or your husband’s until the details of your separation agreement are worked out. Anything earned during the marriage is considered marital property and subject to division. This includes everything from bonus income, retirement accounts, etc.