Cryptocurrency in Divorce Cases
Locating, tracing, and accounting for it
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- Product Number: 2220298WBA
- Publication Date: 5/12/2022
- Length: 1 Hour CLE Credit Note
- Copyright: © 2022 MCLE, Inc.
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Product Description
Product Description
With the increase in popularity over the past decade of cryptocurrency and other digital asset holdings, including non-fungible tokens (NFTs) (which, despite having been around since 2014, only started to enter the mainstream in 2021), more divorcing couples are now fighting over those holdings. The difficulty in locating, tracking, and valuing cryptocurrency and other digital assets has added another layer of dispute in a divorce. Some divorcing spouses believe that they can underreport or hide funds in cryptocurrency wallets given that it can be difficult to find or access information about those assets due to the built-in secretive nature of the holdings. But, digital assets are not untraceable. While locating and tracking these assets can be a long, slow, step-by-step process, understanding what to look for, and when to seek the assistance of a savvy expert/analyst, is important in being able to follow the money and account for most, if not all, of the digital assets held by a spouse in the divorce process.Join our experts as we examine the basics of cryptocurrency in the divorce context: what it is, how to find it, how to track it, how and when to value it, and how to account for it.
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Agenda
Agenda & Materials
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3:00 pm - 3:15 pm
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3:15 pm - 3:30 pm
Locating Cryptocurrency—What to Look For, What Questions to Ask, and How to Obtain Records
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3:30 pm - 3:35 pm
Issues with Valuing Cryptocurrency Given the Volatility of the Market
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3:35 pm - 3:40 pm
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3:40 pm - 3:50 pm
Dividing or Accounting for Cryptocurrency in the Overall Division of the Marital Estate
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Please Note
MCLE webcasts are delivered completely online, underscoring their convenience and appeal. There are no published print materials. All written materials are available electronically only. They are posted 24 hours prior to the program and can be accessed, downloaded, or printed from your computer.
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