Unique Considerations In Cryptocurrency Estate Planning
Law360 (June 8, 2018, 11:31 AM EDT) -- While success in cryptocurrency investing is far from assured, death, sadly, is. Accordingly, it is vital that investors in bitcoin and other cryptocurrencies are prepared for the unique estate planning factors that apply to digital assets. The following are estate planning factors that should be addressed immediately by cryptocurrency investors to ensure that their digital assets are effectively passed on to their heirs or beneficiaries.
Custody of Private Keys and Other Information to Access Digital Assets
Unlike bank accounts which can be accessed post-mortem, access to digital assets typically requires a variety of private information. This information — and an investor's...
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