A nine-point bitcoin inheritance plan to deal with jurisdiction risks, conflict of laws, custody and privacy issues, and the increasing risk of draconian taxes.Bitcoin inheritanceInheritance planning is probably the most disregarded topic by bitcoiners. It is human nature. Crypto holders are generally young and tend to consider death a remote possibility. Statistically, most bitcoiners are millennials, and only 22% of millennials seem to have a will in place. The family of young bitcoin miner Michael Moody has learned it the hard way. More recently, the fortune of another bitcoin multimillionaire \u2014 41-year-old Mircea Popescu, who drowned in Costa Rica \u2014 might have been lost forever. Therefore it is prudent to plan for the inescapable event sooner rather than later to make sure that at least our bitcoins will benefit our families and not only the bitcoin community, which gains from the increased monetary scarcity of the cryptoasset.But making a good crypto inheritance plan is not easy.Inheritance planning is complex, there are jurisdictional, tax, and privacy issues. In addition, self-custody of cryptocurrencies\/cryptoassets is far more complex compared with that of any other asset.Making sure that your family can gain access to your bitcoin wallet requires foolproof and careful planning.Recently some companies, such as Casa and Unchained Capital, have launched new custodial services dealing with the technical handling of multi-signature addresses to enable crypto holders to share the custody of their wallets among a number of trusted parties to avoid a single point of failure.Although such services have good merit \u2014 especially for those who do not hold substantial values in cryptos and are technically proficient to handle the process \u2014 they are, in my opinion, not suitable for anyone holding more substantial amounts of cryptos.The reason is that in such cases, additional issues come into play, which must be carefully considered\u2026<\/p>","protected":false},"excerpt":{"rendered":"
A nine-point bitcoin inheritance plan to deal with jurisdiction risks, conflict of laws, custody and privacy issues, and the increasing risk of draconian taxes.Bitcoin inheritanceInheritance planning [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/posts\/5179"}],"collection":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/comments?post=5179"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/posts\/5179\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/media?parent=5179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/categories?post=5179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/tags?post=5179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}