Decoding Cryptocurrency Taxes: The Challenges for Estate Planners

Private Wealth Services attorney Max Angel wrote an article in Tax Notes titled "Decoding Cryptocurrency Taxes: The Challenges for Estate Planners." The article  examines the rapid emergence of cryptocurrency millionaires, which has established virtual money as a major investment, though uncertainties remain regarding digital assets. While cryptocurrencies can help preserve individual wealth, their volatility complicates estate planning given minimal governmental tax guidance on transferring these assets. Mr. Angel explores considerations for bequeathing cryptocurrencies amidst complex tax obligations.

READ: Decoding Cryptocurrency Taxes: The Challenges for Estate Planners (subscription required)