This article addresses the issues that virtual currencies, specifically bitcoins, pose for the mindful estate planner. First, it explains what bitcoins are, where they come from, and what their legal status is. Next, it identifies special problems that bitcoins pose in estate planning. Finally, it concludes by offering solutions to these problems, including recommended transfer mechanisms and gifting strategies.
Farmer, Abigail J. and Tyszka, Cory Elizabeth
"Virtual Currency Estate Planning, Bit By Bit,"
ACTEC Law Journal: Vol. 40:
2, Article 3.
Available at: https://scholarlycommons.law.hofstra.edu/acteclj/vol40/iss2/3