When Katherine became a client at Bordeaux, she wanted to better understand the terms of her spousal support agreement following her recent divorce. She suspected that she was not receiving the agreed upon amounts of support since her ex-husband, Steven, was following a deferred compensation plan at work. Our team of advisors was determined to help Katherine advocate for herself and make sure that she was getting the support she deserved.
Our first step was to work closely with her divorce attorneys to understand the exact terms of her Marital Settlement Agreement (MSA) and her spousal support plan. Since the divorce occurred before Katherine was a client, it was important for our team to be aware of the terms of the agreement. Our team then met with her CPA to discuss the process by which her spousal support was calculated to determine whether the deferred compensation was being accounted for. Lastly, our team of advisors met with various departments of Steven’s employer to walk through the intricacies of the deferred compensation plan, whereby we discovered it was actually a series of different plans. Our due diligence process revealed that Katherine was in fact missing out on portions of her spousal support due to Steven’s complex and somewhat opaque compensation plan. We then helped Katherine bring this information to the attention of her attorneys so she could claim the support she was owed.
Our team of advisors is here to support you in the aftermath of a divorce by helping you better understand the financial side of your MSA and to aid in verifying that the terms of your agreements are being upheld.
