- Explores how cryptocurrency and digital assets are treated in divorce financial settlements.
- Highlights the importance of financial transparency regarding digital assets.
- Explains how clients can protect assets in divorce.
- Shares practice notes for family law practitioners, financial advisers and forensic accountants.
In divorce proceedings, one of the key issues separating couples face is the division of their finances. Marriage automatically interlinks finances, whether or not the individual couple decides to mingle them. Dissolving those ties can be practically and legally complex as well as highly stressful. Asset base often plays a role in just how complicated this can be—for example where high-net-worth couples own complex business structures, investment and overseas assets—but not always. In recent years, one of the assets that has played a significant role in divorce proceedings is cryptocurrency, alongside other digital assets.
Cryptocurrency can be the source of significant, but volatile, wealth for huge numbers of people. It is wealth that exists virtually and uses cryptography to
