Millions in crypto wealth at risk of vanishing when holders die. Here's how to protect them
A significant amount of cryptocurrency wealth is at risk of being lost permanently when holders pass away, as many do not have a plan for transferring their digital assets. Estimates suggest that millions of dollars in crypto could become inaccessible due to the lack of proper estate planning. Experts recommend that crypto holders create wills or trusts that include their digital assets and share access information with trusted individuals. Additionally, using secure storage solutions and keeping detailed records can help ensure that cryptocurrencies are passed on to heirs. Taking these steps can help mitigate the risk of losing valuable assets after the owner's death.
Read the full article: CoinDesk