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Crypto in the Closet: Exposing Hidden Bitcoin in Divorce
Manage episode 486904617 series 2372562
In this insightful episode of We Chat Divorce, we sit down with New York matrimonial law expert Jacqueline Newman to uncover the real story behind cryptocurrency in divorce. From the early days of “Bitcoin parties” to high-stakes cases involving millions in crypto, Jacqueline shares her experience dealing with digital assets during complex marital dissolutions.
Whether you're navigating a high-asset divorce or simply concerned your spouse might be hiding crypto, this episode breaks down what you need to know—and what your attorney should be asking for.
What You’ll Learn:
- How digital assets like Bitcoin impact divorce settlements
- Why cryptocurrency still feels “mysterious” and how to demystify it
- Common mistakes when dealing with crypto during financial discovery
- When to consider dividing assets “in kind” instead of assigning a value
- The real cost of hiring forensic experts to uncover hidden crypto
- Tips to protect yourself from financial blind spots during divorce
Key Takeaways from Jacqueline:
- Always trace the source: “Every crypto purchase comes from somewhere—start with the bank statements.”
- Consider dividing in-kind: This strategy helps both parties share in the gains (or losses) of volatile assets.
- Don’t fear the unknown: Crypto is just another asset—fear fades with financial literacy and the right support.
Top 3 Documents to Request if You Suspect Hidden Crypto:
- Complete bank and brokerage account statements
- Sworn statements of net worth or financial affidavits
- All crypto wallet addresses and digital exchange records
Learn more about Jacqueline’s work at:
https://nycdivorcelawyer.com/
Learn more at mydivorcesolution.com
Subscribe to WeChat Divorce on your favorite podcast platform. Have questions or topic ideas? Email us at [email protected]
Navigating crypto, complex assets, or financial uncertainty in your divorce? Start with the MDS Financial Portrait™ – your personalized financial plan for divorce clarity.
Learn more about your ad choices. Visit megaphone.fm/adchoices
160 episodes
Manage episode 486904617 series 2372562
In this insightful episode of We Chat Divorce, we sit down with New York matrimonial law expert Jacqueline Newman to uncover the real story behind cryptocurrency in divorce. From the early days of “Bitcoin parties” to high-stakes cases involving millions in crypto, Jacqueline shares her experience dealing with digital assets during complex marital dissolutions.
Whether you're navigating a high-asset divorce or simply concerned your spouse might be hiding crypto, this episode breaks down what you need to know—and what your attorney should be asking for.
What You’ll Learn:
- How digital assets like Bitcoin impact divorce settlements
- Why cryptocurrency still feels “mysterious” and how to demystify it
- Common mistakes when dealing with crypto during financial discovery
- When to consider dividing assets “in kind” instead of assigning a value
- The real cost of hiring forensic experts to uncover hidden crypto
- Tips to protect yourself from financial blind spots during divorce
Key Takeaways from Jacqueline:
- Always trace the source: “Every crypto purchase comes from somewhere—start with the bank statements.”
- Consider dividing in-kind: This strategy helps both parties share in the gains (or losses) of volatile assets.
- Don’t fear the unknown: Crypto is just another asset—fear fades with financial literacy and the right support.
Top 3 Documents to Request if You Suspect Hidden Crypto:
- Complete bank and brokerage account statements
- Sworn statements of net worth or financial affidavits
- All crypto wallet addresses and digital exchange records
Learn more about Jacqueline’s work at:
https://nycdivorcelawyer.com/
Learn more at mydivorcesolution.com
Subscribe to WeChat Divorce on your favorite podcast platform. Have questions or topic ideas? Email us at [email protected]
Navigating crypto, complex assets, or financial uncertainty in your divorce? Start with the MDS Financial Portrait™ – your personalized financial plan for divorce clarity.
Learn more about your ad choices. Visit megaphone.fm/adchoices
160 episodes
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