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Vanderveer v. Vanderveer
964 N.W.2d 694
Neb.
2021
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Background

  • Steve and Joy Vanderveer married in 2004, had two children (2006, 2010), and separated in February 2019; Joy filed for dissolution in May 2019.
  • Steve is a Costco general manager whose 2019 earnings (~$631,000) were dominated by proceeds from cashing vested Restricted Stock Units (RSUs); Costco grants annual RSUs on a 5‑year graded vesting schedule.
  • At trial (Feb 2020) disputed issues included classification/division of unvested RSUs (grants from 2015–2019), whether RSU income should count for child support, and allocation of postseparation credit‑card debt (Joy incurred ≈ $73,656 postseparation).
  • The district court: classified 2015–2018 unvested RSUs as marital and 2019 RSUs as nonmarital; ordered Joy physical custody with substantial equal parenting time, set child support excluding RSU income, and awarded Joy $4,000/month alimony for 8 years (no life‑insurance security).
  • Both parties moved to alter; Steve appealed and Joy cross‑appealed. The Nebraska Supreme Court affirmed most rulings but reversed and remanded child support and alimony for recalculation.

Issues

Issue Joy's Argument Steve's Argument Held
Classification of Joy’s postseparation credit‑card debt Debt incurred during marriage for family needs is marital Postseparation debt is nonmarital; court should set it off to the incurring spouse Debt was marital; no abuse of discretion (debt was incurred during marriage and for joint benefit)
Classification/division of unvested RSUs; application of Davidson time rule RSUs granted during marriage are marital; trial court properly classified 2015–2018 grants as marital Davidson time rule should be applied to allocate portion attributable to future services (making some RSUs nonmarital) Court need not apply time rule where party fails to prove RSUs were granted for future services; no abuse of discretion classifying 2015–2018 RSUs as marital
Inclusion of RSU income in child‑support calculation RSU income routinely realized and should be included as income under Guidelines RSU income is speculative/contingent and should be excluded; or use joint‑custody worksheet Trial court abused discretion by excluding all RSU income; remanded to recalculate child support on existing record (trial court decides amount/duration of any deviation)
Alimony amount/duration and security (life insurance) Alimony insufficient; life insurance should secure obligation Alimony excessive; requested graduated payments; life insurance not necessary Alimony reversed and remanded for recalculation after child support is recalculated; no abuse in declining to require life insurance on this record (no showing of compelling circumstances or cost evidence)
Parenting time (equal time) Joy argued unequal custody preferred (she primary caregiver) Steve sought joint physical custody with frequent contact Equal parenting time affirmed; no abuse of discretion (both parents fit; arrangement in children's best interests)

Key Cases Cited

  • Davidson v. Davidson, 254 Neb. 656 (1998) (announced the time‑rule for allocating marital/nonmarital portions of unvested stock options/retention shares)
  • Mathews v. Mathews, 267 Neb. 604 (2004) (marital debt includes obligations incurred during marriage for joint benefit)
  • Dooling v. Dooling, 303 Neb. 494 (2019) (sets out three‑step equitable property‑division framework)
  • Noonan v. Noonan, 261 Neb. 552 (2001) (income presumptions under the Child Support Guidelines; rebuttable presumption to include regular income)
  • Hotz v. Hotz, 301 Neb. 102 (2018) (spousal support should be determined after child support is set)
Read the full case

Case Details

Case Name: Vanderveer v. Vanderveer
Court Name: Nebraska Supreme Court
Date Published: Sep 24, 2021
Citation: 964 N.W.2d 694
Docket Number: S-20-733
Court Abbreviation: Neb.