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Don’t Let a Crypto Inheritance Get Stuck on the Blockchain

Claiming an inheritance of Bitcoin or other cryptocurrency can be like hunting for buried treasure. It doesn’t have to be.

Tarun Mottlia

Via WIRED

·Excerpt
Don’t Let a Crypto Inheritance Get Stuck on the Blockchain
Image: WIRED

In the US, cryptocurrency is considered a digital asset rather than money in terms of probate and estate law. With money and physical assets, you can sign a beneficiary form and create an estate plan or write a last will and testament naming who should get what when you die. With digital assets, however, the law says we should not assume that a deceased person wanted their private materials—everything from emails to photos—given to another person unless they explicitly said…

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