Millions in crypto wealth at risk of vanishing when holders die. Here’s how to protect them
Whether someone has squirreled away a trove of early bitcoin (BTC) 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…
