While success in crypto-currency investing is far from assured, death, sadly, is. Accordingly, it is vital that investors in Bitcoin and other crypto-currencies are prepared for the unique estate planning factors that apply to digital assets. The following are five estate planning factors that should be addressed immediately by crypto-currency investors to ensure that their
Estate Administration
New Jersey Enacts Uniform Fiduciary Access to Digital Assets Act
Posted in Estate Administration, Estate Planning
New Jersey recently enacted the Uniform Fiduciary Access to Digital Assets Act (the “Act”). See the Act here. In general, the Act provides executors, trustees, guardians, and power of attorney holders (“fiduciaries”) with the ability to access and control “digital assets” belonging to decedents, beneficiaries and wards. The term “Digital Asset” is broadly defined…