Estate planning and bitcoin can be a volatile mix. Surprisingly, very little has been written on this topic. Estate planning for bitcoin unfortunately can’t solely rely on the typical wills and revocable living trusts. Because bitcoin is a new type of asset, new types of planning are needed.
[In addition to doing estate planning for your Bitcoin or other crypto holdings, you also definitely should look into holding cryptocurrency in a self-directed IRA or 401(k). Click here to learn more. It’s a game-changer.]