my USA will in the state of New Jersey allocates all my digital assets to my wife.
In New Jersey and the USA btc falls in the digital asset category.
In fact my bitcointalk account will also go to my wife if I pass away first.
As it is a digital asset.
I am very curious what would happen in the US in such a situation:
A man died who had 1000 bitcoins but did not declare his income.
Will his children inherit his coins or will the IRS penalise the estate?