Money and assets as we know them are changing on a day-to-day basis. Never in the history of our society has it been easier to move money and invest in stocks, cryptocurrencies, NFT’s and more, from the palm of your hand. With an increased move to digital storage of photos, cloud storage sites, and an overall increase of family digital assets, consideration must be given to how division of all assets, both physical and digital, will be handled.

How have you adapted to dealing with and dividing digital assets? Recently, My Collaborative Team held a webinar to discuss the division of digital assets in the divorce process. Items like digital gift cards, cryptocurrency, loyalty rewards points and so much more have gained a tremendous amount of monetary and sentimental value that we must be considering these items during the equitable distribution process.

Likewise, how do we ensure that these assets are evenly divided? If you have not already, it is time that your practice starts to discuss what that should be considered when dealing with digital assets in the Collaborative Divorce process. One of the most fantastic parts of the Collaborative Process is the ability to create unique outcomes for those we serve. We encourage you to watch our presentation on Considering Digital Assets In Divorce and to continue to ask questions about how we can fairly and properly distribute these assets in a Collaborative Process.