CryptoCurrency & Digital Assets

– Estate Planning

The primary considerations for protecting digital assets like cryptocurrency and NFTs are managing access, drafting “Assignment to Trust” documents for individual holdings, and tax consideration. Our attorneys have experience with technical tax and personal property law and are prepared to help secure and manage your digital wallets for a trust or estate.

If you are investing in cryptocurrency and you have a living trust, but your estate lawyer is not up to speed on the nuances of crypto and you are confused and worried about how to make sure your trustee has access to your cryptocurrency without unnecessary risk, and you would rather have clarity and peace of mind about your trustee getting access to your cryptocurrency in an emergency, then call now for your Digital Asset Estate Update Strategy Session.

If you have invested in cryptocurrency and you have significant unrealized capital gains, but your CPA just prepares tax returns and doesn’t really do tax strategy, our legal team can answer your questions. If you’re feeling in the dark about options to mitigate taxes, and you would rather be enlightened about the options for tax mitigation for cryptocurrency, then Call Us before tax season and avoid any surprises with the IRS.

If you are a philanthropist or a successful cryptocurrency investor and you want to do your part to change the world, and reap some tax benefits at the same time, but it seems like nobody you know has any real world experience with charitable giving of cryptocurrency, and you want an expert involved that can give you ideas and alternatives for charitable giving for cryptocurrency, then call now for your Digital Asset Estate Update Strategy Session.

1. Access and Authority
   Your agents and trustees need access to your Digital Assets.
2. Transfer Documents
   Prepare a specific Assignment to Trust for Digital Assets.
3. Physical Custody
   Have the trustee hold the wallet key.
4. Shard the Wallet Key
   Have your estate attorney and trustee hold the wallet key 50/50.
5. Consider Taxes
   Taxation of Digital Assets can be complex.

Download our free guide to learn more about each of these critical steps. Our lawyers help to ensure that client’s digital assets remain accessible and secure during transfers of ownership that could result from death or incapacitation. There are many famous stories of huge digital wallets that remain inaccessible when someone has passed or simply lost their key. Avoid a costly mistake like that and manage your crypto tax liability by calling us today.