Complex Property Division: Dividing Cryptocurrency And Other Digital Assets In A Fort Lauderdale Divorce

One of the most challenging parts of getting a divorce in Fort Lauderdale is determining how homes, personal property, savings, retirement benefits, and other assets are divided. Today, digital assets are reshaping what’s at stake. Many Broward couples hold cryptocurrency, NFTs, online investment portfolios, or digital business interests, which are challenging to value and even harder to divide.

Because these assets don’t exist in a traditional financial institution, tracking, verifying, and splitting them can create serious challenges. Our experienced Fort Lauderdale divorce lawyer provides trusted legal guidance in these cases and explains how courts handle cryptocurrency and other digital property.

Unique Challenges in Dividing Cryptocurrency and Digital Assets During Fort Lauderdale Divorce

Digital assets are considered marital property under Florida Statute §61.075, which means they must be disclosed and divided fairly. However, this is rarely easy, as decentralized platforms and peer-to-peer transactions leave minimal paper trails.

Common issues Broward County couples face when dividing digital assets in Fort Lauderdale include:

• Cryptocurrency values fluctuate, making equitable division more difficult.
• One spouse may claim a wallet is separate property or try to hide the value.
• Transferring digital assets can trigger capital gains taxes under Internal Revenue Service (IRS) guidelines.
• Problems with passwords and two-factor authentication can prevent you from accessing digital wallets.
• Without transparency, it is relatively easy to hide or undervalue digital assets.

A skilled Fort Lauderdale divorce lawyer can use subpoenas, blockchain analysis tools, and financial experts to ensure full disclosure and fair valuation of these modern assets.

How to Protect Your Digital and Financial Interests

If you or your spouse owns cryptocurrency or other digital property, taking the proper steps early helps protect your rights and prevents financial losses. Our experienced Fort Lauderdale divorce and property division lawyer recommends these tips:

• Do a thorough inventory of all digital assets accumulated during the marriage.
• Gather documents showing transaction histories and when they were acquired.
• Secure access credentials, such as passwords, private keys, and recovery phrases.
• Get a professional valuation and use forensic accounting in complex cases.
• Request legal help if your spouse refuses to disclose or cooperate with the asset division process.

Digital assets can have significant value, so thorough discovery and a professional valuation are essential. While Broward County Family Court judges are increasingly familiar with digital assets, presenting the right evidence is vital to your case.

To Protect Digital Assets, Contact Our Experienced Fort Lauderdale Divorce Lawyer

If you are getting a divorce in Fort Lauderdale, digital assets can complicate equitable division. If you own Bitcoin, run an online business, or suspect your spouse is hiding digital wealth, you need trusted, professional legal guidance to protect your rights.

Vanessa L. Prieto Law Offices has a proven record of success guiding clients through complex property division, including digital assets. From identifying hidden assets to ensuring they are valued properly, we fight to protect your interests every step of the way. Reach out today and schedule a consultation with our experienced Fort Lauderdale divorce lawyer.

Sources:

leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&URL=0000-0099/0061/Sections/0061.075.html

irs.gov/filing/digital-assets