Estate Administration & Cryptoassets - Buried Bitcoin & Beyond

Introduction

Dealing with the digital assets of a deceased person is not new, but the increasing popularity and value of cryptocurrencies and NFTs is now bringing to the fore the potential difficulties in administering estates holding these assets.

As an executor or administrator of an estate holding such assets, it is important to be mindful of the practicalities of not only dealing with these assets, but how to navigate the issues that may arise due to lack of access to, or understanding of, the assets themselves.

This webinar offers a practical consideration of the problems that can arise in identifying crypto wallets and accessing and dealing with cryptocurrencies and NFTs through the eyes of an executor or administrator together with a comparison with other digital assets which hold value for an estate.

What You Will Learn

This webinar will cover the following:

• How blockchain technology works in relation to cryptocurrency and NFTs and how understanding the technology can help to administer the assets
• How to locate and identify crypto wallets, what to do if crypto wallets cannot be accessed and how to try to protect and release these assets
• What ownership of an NFT involves and the potential pitfalls of dealing with these assets as part of an estate
• Other digital assets which may form part of an estate and the practical considerations of dealing with the same

This webinar was recorded on 21st September 2022