What belongs on FL-142 item 16
Cryptocurrency, domain names, rewards, intellectual property, licenses, memberships, claims and any property not captured by an earlier line.
Use a description that a second reviewer can match to a statement, title record, contract or the opposing disclosure. Record the value state—known, estimated, unknown, pending or none—instead of treating every empty cell as zero.
The source record for digital assets and other property
- Wallet, exchange, registrar or platform records
- Contract, registration or ownership evidence
- Transaction history and acquisition source
- Valuation, restriction and transfer documentation
Completeness checks before service
- Confirm every digital assets and other property item has an identifier and custodian or location.
- Tie every amount to an as-of date and retain the source.
- List disputed and unvalued items visibly rather than excluding them.
- Recompute the form totals from the underlying rows and check for duplication.
What moves forward
The ledger entry must preserve its form item, date, value, debt, asserted character and evidence status. That same identity carries into characterization, valuation, negotiation and any final transfer. Identify units and value separately, use a dated price or valuation method, and preserve volatility, fees, taxes, transfer restrictions and uncertainty.
Questions about this topic
What is the biggest disclose mistake for digital assets and other property?
Omitting or combining the item so it cannot be matched to its source.
Can the workspace decide this disclose issue automatically?
It can preserve facts, run arithmetic and expose assumptions. Disputed legal conclusions, professional valuations and third-party transfer decisions still require the appropriate human or institution.
Continue the workflow
California property workflows from disclosure through transfer
Asset-by-asset California workflows for disclosure, characterization, valuation, negotiation and transfer across all FL-142 categories.
Receivables and other assets on California form FL-142
What to identify, document and check when listing receivables and other assets on a California Schedule of Assets and Debts.
A safer California property-settlement workflow
A four-stage workflow from disclosure inventory through legal analysis, allocation, drafting and implementation.