Understanding Cryptoassets in Estate Planning - Future Proof Your Advice

Introduction

Crypto isn’t just for tech-savvy clients - it’s already in many estates, often undisclosed and difficult to manage. If you are advising on estate planning without understanding crypto wallets, taxation, and access issues, you could be leaving your clients (and yourself) exposed.

Estate planning with digital assets generally involves being able to identify them and to have an understanding about their management. These hurdles can be even more pronounced with cryptoassets.

This practical virtual classroom seminar is designed to help you spot, understand, and manage cryptoassets as part of estate planning. Even if your clients haven’t mentioned crypto yet, they may still hold it - and this course will help you ask the right questions and build in the right protections. You will learn about tools, tips and traps associated with the process of estate planning with cryptoassets to help you reduce risk and future-proof your advice.

What You Will Learn

This live and interactive course will cover the following:

• Understanding cryptoassets:
• Defining cryptoassets and legal recognition as property
• Differentiating between different crypto tokens
• Custodianship
• Valuation and management:
• Methods for accurate valuation for probate and tax purposes
• Understanding acquisition, disposition, and retention
• Tools for estate planning:
• Wills and trusts
• Importance of digital asset inventories
• Multi-sig wallets
• Hot and cold wallets, seed phrases, and exchange accounts
• Taxation of cryptoassets:
• HMRC's approach to taxation of cryptoassets
• Key reporting and record-keeping considerations
• Situs and international tax planning

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.