Can My Spouse Hide Crypto-Currency and Digital Accounts In My Divorce? | Michigan Divorce Attorney скачать в хорошем качестве

Can My Spouse Hide Crypto-Currency and Digital Accounts In My Divorce? | Michigan Divorce Attorney

One of the biggest concerns people have in a divorce today is cryptocurrency and digital financial accounts. Many spouses worry that the other party may be hiding assets in Bitcoin, cryptocurrency wallets, Venmo, Cash App, or other digital payment platforms. Under Michigan law, neither spouse is allowed to hide assets during a divorce. Financial disclosure rules require both parties to identify their accounts and assets, including digital assets. The reality is that most cryptocurrency accounts are not as hidden as people think. In many cases, crypto and digital activity appears in: • Financial records • Bank account transfers • Business documents • App activity on phones or devices In more complex cases, attorneys can also conduct forensic examinations of devices such as mobile phones, laptops, tablets, or desktop computers to identify hidden accounts or files. Digital payment platforms such as Venmo and Cash App are also often discoverable because they are typically linked to bank accounts or credit cards and generate transaction histories and statements. Even if a spouse refuses to provide information, courts can order financial records and statements directly from companies. The key point is that cryptocurrency and digital accounts are usually discoverable, and these issues should always be discussed with a lawyer when preparing for divorce. Video Chapters 00:00 What About Crypto in Divorce? 00:20 How Crypto (Bitcoin) Appears in Financial Records 00:46 When Forensic Device Examinations Are Used 01:29 Venmo, Cash App, and Other Digital Accounts 02:17 Getting Statements and Court Orders for Financial Information 03:05 Discussing Digital Assets With Your Lawyer This video is for general educational purposes only and is not legal advice. Every case is different. If you are facing a divorce or spousal support issues in Michigan, speaking with an experienced family law attorney about your specific situation matters. About The Smart Law Group The Smart Law Group is a Michigan-based family law firm handling divorce, custody, parenting time, child support, and spousal support matters. Website: https://www.thesmartlawgroup.com Phone: (248) 850-2468 #michigandivorce #michigandivorcelawyer #cryptocurrency #digitalcurrency #divorce #bitcoin