IDFA Online Learning
Cryptoassets and Couples: What to Do When There's a Split
Recorded On: 10/19/2021
Increasingly, more and more Americans are purchasing cryptocurrencies. Currently, there's a 1 in 5 chance that a spouse will own some amount of crypto. Given this backdrop, it's important for divorce professionals to have a basic understanding of how cryptocurrencies are typically acquired and held by individuals. Also of importance is understanding how crypto is valued, as well as the tax implications of transacting in these digital assets. This presentation will cover these topics and more, so that CDFA professionals can gain a foundational understanding of how to deal with this growing trend; one which they will likely encounter at some point in their divorce practice.
Ryan is the founder and president of Mercer Street Personal Financial Services, an advice-only Registered Investment Advisory firm based in Houston, Texas. He specializes in working with growing families, business owners, expats, and those seeking advice about cryptocurrencies. Ryan holds the AICPA's Personal Financial Specialist designation. Bitcoin entered his consciousness in 2015 after hearing about Dread Pirate Roberts and the illicit marketplace called the Silk Road on NPR. He's been spending time down the rabbit hole ever since.
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