What will happen to my Bitcoins when I get divorced?

Posted by William H. Sherman | Dec 21, 2017 | 0 Comments

Under Georgia law, all assets must be disclosed by both parties when getting a divorce. Since Bitcoins are assets because they have financial value (like stocks, bonds, cash, collectibles, real estate, etc.), they must be disclosed when getting divorced. A judge has discretion to divide the Bitcoins during a divorce. Most likely, a judge will usually divide the Bitcoins roughly evenly between the two parties. However, the division of the cryptocurrency can be negotiated by the parties. We have handled a number of divorces with Bitcoins involved (as well as other cryptocurrencies like Litecoin, Ethereum, Zcash, Monero, and Dash) and the cryptocurrency has been used when negotiating issues like child support and alimony, and to buy-out the other party’s equity in the marital home.

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