What happens to your Bitcoin when you die? Digital assets complicating estate planning process
Bitcoin, other forms of cryptocurrency, and even travel reward points are becoming valuable to those that invested in it. The problem is, when someone dies, it creates a situation that can be confusing as to what happens to the money. If you have any digital investments, particularly password-protected ones, you need to appoint an electronic estate trustee. Make sure that someone is available to access your password-protected accounts, especially those like Bitcoin, that can be lost to heirs if no one has the passwords.