Cryptocurrencies (like Bitcoin) and Non-Fungible Tokens (NFTs) are making their way to your client's porfolio (if they haven't already). In this session you'll learn practical tips for how to deal with them in estate planning, including 3 things you should never do. Whether you're new to cryptoassets or a seasoned pro, you won't want to miss this presentation. 

This presentation will address fiduciary administration and estate planning considerations related to cryptocurrency. It will include planning ideas, practical tips and an overview of recent cryptocurrency developments.

Estate planning attorneys are increasingly likely to have clients who own cryptocurrency and other digital assets. In this course, Blake Harris will discuss strategies for protecting these special assets against lawsuits and creditors' claims, addressing following topics:

• Overview of blockchain technology and cryptocurrency
• Estate planning for cryptocurrency
• Asset protection for cryptocurrency

MPI’s John Varga will present a primer on Bitcoin and other cryptocurrencies, with an emphasis on important topics facing trusts and estates professionals. John will discuss existing and new tax regulations crafted specifically for valuing cryptocurrencies, and how they have approached cryptocurrency valuations in the context of charitable gifting, intrafamily gifting, and estate tax returns. Qualified Appraisal requirements, regulations for pricing cryptocurrencies, blockage discounts, and other topics will be discussed. The presentation will also include a review of the technical workings of cryptocurrencies, to provide participants with conversant knowledge of this constantly evolving asset class.

This complimentary webinar highlights key features and best practices for drafting with Wealth Docx®, WealthCounsel’s estate planning solution.