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How to keep travel rewards and season tickets after your divorce

In every divorce, there tend to be things that some people value more than others. For example, the primary residence might be a high-value asset for financial, emotional and stability purposes. Similar principles apply for assets such as cars.

Two things that can often come into play with Illinois divorces are travel rewards and season tickets to various college and pro teams. There are a few ways in which couples can handle them.

Terms of the asset

Suppose the issue at hand is what to do with, say, Marriott rewards points. In this case, you cannot transfer the points to another spouse in divorce per Marriott policy. So that, right off the bat, gives you a smaller selection of options to work with that can make resolution easier or more difficult.

Another thing to consider is that if you or your ex purchased/acquired the season tickets or travel points before the marriage, they may belong to only one spouse as separate property.

Buyout

One person in a couple may want the tickets or rewards more than the other person and is willing to do a buyout. In other words, the tickets could have a value $16,000, and Spouse A pays Spouse B $8,000 to end up with full ownership.

Division

Another option is for the spouses to divide the tickets. Perhaps the spouses get tickets for every other game, or they divide the season into halves or quarters, with each spouse getting the tickets for a particular time period. If playoff games occur, one spouse could have the right of first refusal for the first game, with the other spouse have right of first refusal for game two.

Equitable distribution

It could also be that both spouses fiercely want to keep these assets. In such a case, the spouses could have a judge decide. The judge might look at factors such as who lives closest to the stadium, attendance at games and how much money each spouse has to purchase new tickets.

 

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