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Tag Archives: estate planning
Crypto in Estate Planning, Part 4: The Tax Headache Your Heirs Need You to Solve Now
Without proper tax documentation, your heirs could pay thousands more than necessary—or lose track of cost basis entirely. This guide covers stepped-up basis rules, cost basis tracking, executor responsibilities, and when to involve a crypto-savvy CPA. One afternoon of work now prevents a $50,000 tax nightmare later. Continue reading
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Crypto Estate Planning Nightmare #8: The Forgotten Account
When “Complete” Isn’t Actually Complete This is the story that reminds us why thoroughness matters. It’s about doing almost everything right—and discovering years later that “almost” isn’t good enough. The Situation: The Model Estate Plan (Or So It Seemed) This … Continue reading
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Crypto Estate Planning Nightmare #7: The Charitable Surprise
When Old Documents Meet New Assets This is the cautionary tale estate attorneys share when clients ask, “Do I really need to update my will?” It’s about good intentions, old paperwork, and a three-year legal battle that cost more than … Continue reading
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Crypto Estate Planning Nightmare #6: The Split That Never Rejoined
When Redundancy Becomes Single Point of Failure This is the nightmare that security experts use to explain why “clever” isn’t always “smart.” It’s a story about sophisticated planning that created sophisticated loss. The Situation: The Security Strategy That Seemed Perfect … Continue reading
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Crypto Estate Planning Nightmare #5: The Will That Backfired
When “Making It Easy” Makes It Too Easy This is the story that makes estate planning attorneys cringe. It’s a perfect example of good intentions creating catastrophic results. The Situation: The Fatal Decision The investor thought he was being helpful. … Continue reading
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Crypto Estate Planning Nightmare #4: The DeFi Black Hole
When Invisible Money Stays Invisible This is the story blockchain recovery consultants love to tell—and charge $15,000 to solve. It’s a perfect example of why “crypto-savvy” and “heir-friendly” don’t always overlap. The Situation: Everything Worked, Except the Part That Mattered … Continue reading
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Crypto Estate Planning Nightmare #3: The Exchange Freeze
When “Just Call Customer Service” Meets International Jurisdiction This story starts with reasonable assumptions and ends with legal bills that dwarf most people’s crypto holdings. It’s the kind of nightmare that estate planning attorneys use to explain why “where” matters … Continue reading
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Crypto Estate Planning Nightmare #2: The Encrypted Disaster
When Extra Security Becomes Extra Loss Here’s a story that makes every IT security professional wince. It’s the kind of tale that gets whispered about in blockchain recovery forums, shared in estate planning circles, and used as a cautionary example … Continue reading
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Crypto Estate Planning Nightmare #1: The Lost Ledger
When Perfect Security Becomes Perfect Loss If you hang around crypto estate planning circles long enough—or talk to enough blockchain recovery specialists—you start hearing the same stories over and over. Not identical. But eerily similar. This is one of those … Continue reading
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Crypto in Estate Planning, Part 3
Even perfect access means nothing without legal authority. Part 3 shows how to integrate crypto into wills, trusts, and powers of attorney so executors and trustees can act confidently and legally. The focus is clarity—avoiding guesswork, delays, and costly mistakes when it matters most. Continue reading