In the digital age, your most valuable assets are no longer confined to real estate and bank accounts. Your cryptocurrency holdings represent a significant and complex component of your personal wealth. However, without a meticulously crafted and technically sound 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, ensuring your digital legacy is preserved.
This service is essential for any individual who holds digital assets and wishes to ensure their secure transfer to loved ones. Our approach combines the rigors of Georgian inheritance law with a practical understanding of cryptographic security. We do not just draft a clause in your will; we create a comprehensive succession plan. The first step is to formally integrate your crypto into your will and testament. We draft specific legal language that clearly bequeaths your holdings to your chosen heirs and appoints an executor equipped and authorized to handle these unique assets, creating an undeniable legal claim for your beneficiaries.
The core of our service is advising on the creation of a technical succession plan, often called a "Letter of Wishes." A will can establish who inherits, but it cannot solve the technical problem of how they access the assets. This non-legal guide, stored securely and separately from your will, contains the crucial information your executor will need. This includes guidance on locating hardware wallets, instructions on accessing exchange accounts, and a secure methodology for transferring knowledge of private keys and seed phrases in a way that balances security with accessibility for your fiduciaries.
Finally, we provide critical counsel on fiduciary selection and education. Choosing the right person to manage this process is paramount. We help you select an executor or trustee who is either technically savvy or can be trusted to engage the right experts. We can also provide educational sessions for your designated fiduciaries, preparing them to act when the time comes. A standard estate plan is dangerously inadequate for digital assets. 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.
