Intangible Assets and Divorce: What You Can't See Can Hurt You

Active

Program Number

32234

Program Date

2022-10-28

CLE Credits

In today’s increasingly digital world, we must learn to look beyond the traditional assets when handling divorce matters. Newer assets, including cryptocurrency and non-fungible tokens (NFTs), present new challenges for practitioners when completing financial disclosures (what exactly are these assets?), seeking discovery, and/ or ultimately disposing of them between parties. Intangible assets pose a particular challenge in the context of business valuations, where the input and expertise of forensic accountants is essential to ensure that fair value is calculated.

In this program, we will discuss and define intangible assets, detail how to classify these assets in financial disclosures, propose interrogatories and document requests to capture assets in paper discovery, and discuss strategies for dealing with these assets in divorce and business valuations.