Cryptoassets as Property? - Challenges for Private Client Practitioners

Introduction

Disputes relating to cryptoassets have proliferated in recent years, along with the rise of the cryptoasset market.

There has also been a corresponding rise in the inclusion of cryptoassets in wills and trusts forcing private client solicitors to have to come to terms with how to deal with this new and often confusing asset class.

Whilst there is now an emerging consensus that cryptoassets are property, there is still considerable uncertainty and debate over what sort of property cryptoassets are and how particular cryptoassets are dealt with.

In this uncertain and everchanging environment, it is imperative that private client practitioners go back to first principles to enable them to understand, not only, the technical nature of a particular cryptoasset but also whether that asset is legally considered property.

This new virtual classroom seminar will look at giving practitioners an understanding of the principles and issues involved when dealing with cryptoassets and some thoughts on what steps practitioners and firms can take to minimise risk when instructed to administer an estate or trust with cryptoassets involved.

What You Will Learn

This live and interactive session will cover the following:

• The nature of cryptoassets
• The legal definition of property and why it matters
• Application of property to cryptoassets
• Recent case law
• The potential approach moving forward
• Consideration when dealing with cryptoassets in practice

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.