Wyoming Blockchain Stampede 2021

Mainstream interest in crypto asset markets exploded in 2021. Bitcoin and many other crypto assets increased more than tenfold over the past 12 months, and NFTs (non-fungible tokens) went from a little-known niche to a regular topic in social media and on the nightly news. The headlines and national attention to crypto assets attracted billions of dollars of new investment, led heavily by traditional investors looking for outsized returns.

Many questions remain regarding estate planning and trust administration when crypto assets are involved. In this presentation we will visit the intersection of estate planning and crypto, with focus on estate planning strategies that address the tax treatment of crypto, advanced planning strategies and considerations when a client holds crypto, trust and entity funding challenges, and trust administration issues to be addressed for the client who holds - or who someday may hold - crypto in their estate.