Crypto Estate Planning: Avoid Losing Your Digital Wealth

Cryptocurrency owners are increasingly leaving behind unclaimed digital wealth due to estate planning oversights. With a growing number of Americans owning cryptocurrency, the risk of lost or inaccessible funds is escalating. Traditional assets are easier to pass on, but the unique nature of cryptocurrency poses challenges. ETFs can help, but estate planning mistakes persist. Experts advise keeping written instructions for accessing crypto, considering a revocable living trust, and choosing a fiduciary familiar with digital assets to avoid financial losses for beneficiaries.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.