If you have invested your hard-earned money in Bitcoin, Litecoin, Ethereum, or similar crypto-currency, it is vital that you take this into account when estate planning. There are several unique factors that apply to digital assets that do not apply to more traditional assets.
As with any estate planning, the sooner you plan the better. But unlike real estate, bank accounts, and life insurance policies, crypto-currency is inherently secure, requiring passwords, encryption, private keys, and multi-factor authentication in order to access your information and assets. This means that an investor in crypto-currency risks losing these assets forever without proper estate planning. The good news is that estate planning techniques have already been developed to deal with the area of crypto asset planning and inheritance.
Doing the work to ensure that your crypto-assets can be passed on to your loved ones may seem like a daunting task, but you shouldn’t put it off and we are here to help. You will never regret taking the time to plan now, and your loved ones will be thankful that you did.
Call us now to make sure your digital currency is protected (954) 233-0682.