California is a community property state. This means that all assets accumulated by a married couple during their marriage belongs equally to them both. When they divorce, those assets are legally to be divided equally between the spouses. A problem occurs when one or both fail to list assets. When it comes to digital assets, this failure could be accidental or intentional. You need to know … [Read more...] about Digital Assets in Divorce – Identifying Spouse’s Crypto Assets
Cryptocurrency
Dividing Cryptocurrency and NFTs in a Divorce
A relatively new issue that is coming up in a divorce is how to divide digital assets. These are non-fungible tokens (NFTs) like bitcoins. If the spouse who has been buying these digital assets reveals the assets as he or she is required to do according to the law, they can be identified and divided equally between the spouses if they were purchased with community property assets. In too many … [Read more...] about Dividing Cryptocurrency and NFTs in a Divorce