Name
Blockchain and Digital Assets 2.0: Taxation, Reporting, and Planning
Date & Time
Wednesday, October 25, 2023, 11:30 AM - 12:30 PM
Description

Internet-based accounts and applications have grown at an extraordinary rate. Email and paperless online banking are now routine and common, along with numerous other internet-based communications, accounts and assets, including social media. This session will provide an overview of popular digital assets and how to deal with photos, emails, passwords, etc. shared on TikTok, Instagram, Twitter, and Facebook in a person’s estate plan. This session will also discuss how to probate and administer digital wallets, currencies, intellectual property rights, and other digital assets after death. Did you know Tweets have value? Finally, this session will provide participants with a basic understanding of blockchain technology, NFTs, cryptocurrencies, and the taxation and reporting of each.