Digital assets, like cryptocurrency, are becoming increasingly relevant as part of the modern property settlement process.
What’s considered a digital asset?
Digital assets are items that are held in electronic form. A common example is cryptocurrency, such as Bitcoin, which has seen a significant rise in popularity over recent years.
Are digital assets considered property?
The Courts may treat certain digital assets as property. This means that they could form part of the asset pool to be divided, just like other financial assets.
How we can help
Digital assets can complicate property settlements because they may be difficult to identify and hard to value. Our lawyers have experience in these matters and can assist in cases involving digital assets. Please contact our team if you would like further information and advice on (02) 6152 0493 to arrange a fixed fee appointment with one of our family lawyers.
