Bitcoin Inheritance: What Happens to Your Crypto When You Die?

By CCN.com: Simon Goldring, a lawyer, and partner at British firm McDermott Will & Emery, wrote a piece in The National Law Review this week talking about the function of cryptocurrencies as an inheritance. Not a crypto expert, the lawyer still provides some sage advice on how to transfer crypto assets after you’ve died. British Inheritance Laws Apply to Crypto Most notably, he points out that, in Britain at least, inherited cryptocurrency is taxable. This means that if your relatives receive crypto from you as part of an inheritance, they’re liable for the value of it in the form of

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