Inheritance Planning for Cryptocurrencies: 3 Steps in 3 Minutes
I’ll be expanding these ideas in a forthcoming article and book but with prices skyrocketing, and so many new people owning tokens for the first time, I want to provide a quick reference guide that you can complete in less than 10 minutes to help protect your new assets.
Letter to Loved Ones: a template for your cryptocurrency estate planning
Most people have never thought about what will happen to their bitcoin, ether, and other crypto-assets if something bad happens to them. Even if you do understand the concept of passing your crypto-assets to your loved ones, actually doing the work to make it happen is often a daunting prospect. It’s one of those tasks, without a hard deadline, that gets pushed to the end of your to-do list, repeatedly. Most people don’t know where to start and there are very few resources available to help guide you through the process. But it doesn’t have to be that way.
Gone Forever: Bitcoin, AltCoins, Asset‐Tokens, & Death
If you died tomorrow would your family inherit your bitcoin, altcoins, and asset-tokens? The answer depends on you. While legally, the answer is yes, if your passwords, passphrases, and key locations die with you that probably won’t happen. Without those things your crypto-assets will be inaccessible. Like gold coins buried in a meadow; they may know the treasure exists but they’ll never be able to access it.
