In the digital age, a person's most valuable assets are no longer confined to real estate and bank accounts. Your cryptocurrency holdings represent a significant component of your personal wealth. However, without a meticulously crafted estate plan, this digital wealth is at extreme risk of being lost forever upon your death or incapacitation. The cryptographic security that protects your assets in life can become an impenetrable barrier for your heirs. Our firm provides a specialized crypto estate planning service, designed to bridge the gap between traditional inheritance law and the unique realities of blockchain technology.
Our approach combines the rigors of Georgian inheritance law with a practical understanding of cryptographic security and involves several critical stages. First, we ensure the integration of crypto into your will and testament. We draft specific legal language that clearly bequeaths your cryptocurrency holdings to your chosen heirs and appoints an executor authorized to handle these unique assets. This creates a solid legal foundation for your beneficiaries.
The second and most crucial stage is creating a technical succession plan, a "Letter of Wishes." A will establishes who inherits but cannot solve the technical problem of how they access the assets. We advise on creating a secure, non-legal guide, stored separately from your will. It contains critical information: guidance on locating your hardware wallets (Ledger, Trezor), instructions for exchange accounts, and, most importantly, a secure methodology for transferring knowledge of private keys and seed phrases.
Finally, we provide counsel on selecting and preparing your fiduciary. Choosing the right person to manage this process is critical. We help you select an executor who is either technically competent or can be trusted to engage the right experts. By planning proactively, you transform this risk into a secure and orderly transfer, providing peace of mind for yourself and a protected inheritance for your family.