Cryptocurrency Cloaks Divorce Assets

Cryptocurrencies are becoming more mainstream, but there is a rise in people using these currencies as a shelter for assets they do not want to disclose. In an article published on June 15, Rebecca writes that “approximately 41% of all U.S. adults who combine finances with a spouse admit to some degree of financial deception, according to The National Endowment for Financial Education.”

There are significant penalties for hiding assets during a divorce process, including perjury, legal costs, and monetary fines. It is critical to hire a skilled lawyer who can spot the signs early and work with a forensic expert to locate and value all marital assets to ensure an equitable and fair split.

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