In light of the current situation, we are offering our clients the opportunity to meet with us virtually, rather than in-person. Please click here to contact us or call 800-756-5596 to schedule your appointment
Our phone lines are currently down, please use 323-391-4162 as an alternative number. Thank you.

Make Informed Decisions
About Your & Your Loved Ones' Futures
Based On Experienced Advice

~|chevron-down~|font-awesome~|solid

Cryptocurrency and How It Is Important to an Estate

| Jul 3, 2017 | Uncategorized |

What is cryptocurrency and how will your loved ones handle the accounts?

Cryptocurrency is showing up more often in estate plans, according to the Wills, Trusts & Estates Prof Blog in “Letter to Loved Ones: A Template for Your Cryptocurrency Estate Planning.”

The most important thing is to not assume that your heirs will have any idea about what to do with cryptocurrencies. Despite their growing popularity, most people still do not own any cryptocurrency and as a result, do not know their value and even how to exchange the currencies for normal currency, such as dollars.

To overcome that, it is important in estate planning to leave instructions about how the crypto currency can and should be handled.

An estate planning attorney can guide you in creating an estate plan that meets your unique circumstances.

Categories

Archives