Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: [DISCUSSION] Bitcoin Inheritance Planning
by
satscraper
on 31/10/2024, 06:33:59 UTC
⭐ Merited by ABCbits (1)

~



"Cryptoassets Inheritance Planing" (by Pamela Morgan) is   good reading that could help your planning. It stresses that beside aspects relevant to technical details the inheritance plan should contain some legal part.

Quote from: Pamela Morgan
"Cryptoassets will become part of your legal estate in most jurisdictions, and will be subject to local laws and taxes, whether or not you want them to be. This is the reality of our current jurisdiction-dependent judicial system. Your access plan alone won’t be enough to ensure your assets are passed to your chosen beneficiaries. Without a legal plan, the default laws of your jurisdiction will usually apply. In the next section, we’ll look at these default laws and ways to ensure you get to decide who gets what. We’ll also talk about taxes, what really happens in estates, and how to avoid the most common mistakes people make in estate planning."

Will you do something in this direction to make legal the crypto-heritage  for your legatees?