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Millions in crypto wealth at risk of vanishing when holders die. Here’s how to protect it

Millions in crypto wealth at risk of vanishing when holders die. Here’s how to protect it

Whether someone has squirreled away a trove of early bitcoin holdings, or a grandchild has persuaded an older family member to take a flyer on some coin or token, intergenerational wealth transfer these days might easily include crypto.

Not so long ago, families in this position faced uncertainty about the basics: Does crypto count as property? How does it fit from an estate planning perspective? That’s not such a problem today, because rules around wills and trusts in many jurisdictions have been updated to accommodate digital assets.

Still, even with improved regulatory clarity, digital assets add a daunting layer of complexity that’s beyond many in the advisory business, according to Christopher Nekvinda, director of…

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