đ Crypto Alert: As 2024 wraps up, Bitcoin hits $100k, marking a milestone for digital assets. But there's a catchâestate planning for crypto is a looming challenge. With 20% of Bitcoin lost due to misplaced keys, it's crucial to plan ahead.
đ Key Points:
- Tax law changes in 2025 could impact crypto wealth transfers.
- IRS ramps up crypto reporting requirements.
- Consider digital asset-specific estate plans, gifting strategies, and multi-signature wallets.
đŹ What are your thoughts on crypto estate planning? Share in the comments!