Breaking Up

New Laws Wreck CEO Divorces

What's a banker's wife to do these days? With new laws altering how Wall Street executives are compensated, divorces are becoming much more complicated affairs, Bloomberg News reports. Now that delayed compensation is becoming more regular and employees get less cash and more long-term incentives, it is hard to figure out how much someone is worth and how much a divorce settlement should be. “Changes to compensation are creating a horror show when dealing with the other spouse’s budget and support package for children,” said one lawyer.