Monthly Archives: October 2024
Dividing Private Foundations and Charitable Donations in Divorce: Control, Tax Implications, and Impact on Charitable Commitments
Divorces involving high-net-worth individuals often present complex financial and legal issues, and when private foundations or significant charitable donations are involved, the stakes are even higher. Philanthropy can be deeply intertwined with a couple’s financial planning, legacy-building, and personal values, making the division of private foundations and charitable donations in divorce proceedings especially delicate…. Read More »
Dividing Cryptocurrency in Divorce: Navigating the Complexities of Digital Assets
As digital currencies like Bitcoin, Ethereum, and other cryptocurrencies become more mainstream, they increasingly find their way into divorce proceedings. Cryptocurrencies represent a unique challenge when it comes to property division due to their decentralized nature, volatility, and sometimes anonymous ownership. Dividing cryptocurrency in divorce requires special attention to valuation, tracking, and tax implications…. Read More »