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Pamela Morgan

Cryptoasset Inheritance Planning: a simple guide for owners Paperback – April 15, 2018

by Pamela Morgan (Author), Andreas M. Antonopoulos (Foreword)

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"What happens to my bitcoin, ether, or other cryptoassets when I die?" Cryptoasset Inheritance Planning: A Simple Guide for Owners by Pamela Morgan, Esq. is a clear blueprint to inheritance planning for those holding cryptocurrency, tokens, crypto-collectibles, and other cryptoassets. Since 2015, Pamela has educated thousands of cryptocurrency owners around the world about why inheritance planning for cryptoassets matters and how to do it in a secure, usable, resilient, and efficient manner. In this book, Pamela walks you through her successful step-by-step inheritance planning processes. These processes are designed to help you build a customized crypotasset inheritance access plan - and you don't need to be a security expert or lawyer to do it. Inside you'll also find helpful tools like checklists, templates, and worksheets to make building your plan simple and easy. Topics include: * how to write a basic access plan in two to three hours * how to assess your risks and make your plan better * debunking common myths and misconceptions about cryptoasset inheritance planning * what laws you need to know about and why * how to interview, hire, and fire a lawyer and how to keep costs down * why smart contracts don't apply to inheritance today, but will someday * and so much more By the time you complete the book, your plans should: (1) allow your heirs to take possession of your cryptoassets when the time comes, but not before, (2) minimize the opportunity for others to steal cryptoassets from your loved ones, (3) provide an opportunity for your loved ones to hold the assets securely, instead of liquidating, (4) prevent fighting amongst your heirs and avoid legal problems whenever possible. Buy this book, follow the processes, and you'll be able to confidently answer the question, "What happens to my bitcoin, ether, or other cryptoassets when I die?" F.A.Q. Who is this book written for? If you own any cryptocurrency or cryptoasset tokens, this book is for you. If you use an exchange to buy and sell cryptoassets, this book is for you. If you've ever asked the question, "What will happen to my bitcoin, ether, or other cryptoassets when I die?" this book is for you. If you want someone, anyone, to inherit your cryptoassets when you die, this book is for you. Do I need to be an attorney or security expert to use this book? No. This book isn't written specifically for lawyers, security experts, or cryptographers, though they may benefit from the material. I don't live in the USA, is this book still relevant to my inheritance planning? The entire book, with the exception of the Making it Legal, is applicable to any cryptoasset owner in any jurisdiction. The Making it Legal section cites some USA law but the principles are broadly applicable around the world. Will this book teach me about specific cryptoasset laws in my jurisdiction? No. A book like that is called a legal treatise; they're heady and dense, even for lawyers. Instead, this book focuses on practical information you need know, like what happens to your assets if you don't have a will and why you shouldn't put your cryptographic keys in your will. You'll learn about high-level legal concepts that might affect your assets, how to find out more information about the laws in your jurisdiction, and how to keep legal costs down. The unique challenges with cryptoasset inheritance planning are not primarily legal - they're primarily technical. With this book, you'll learn how to create a cryptoasset access plan for your heirs. Your access plan aims to answer the question, "From a practical perspective, how will my loved ones access my cryptoassets when I'm not around to help them?"

Print length

144 pages
Language

English
Publication date

April 15, 2018
Dimensions

6 x 0.33 x 9 inches
ISBN-10

1947910116
ISBN-13

978-1947910119
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Editorial Reviews

Review

"Pamela provides an easily digestible guide to protecting your cryptoassets from being lost upon your passing. I've spent many hours working on my own plans but was still surprised by several potential pitfalls that were covered. Anyone who owns cryptoassets should read this book, even if they're highly technical or expect to live for many years." - Jameson Lopp, Software Engineer at Casa

"This excellent guide demystifies a challenging and complex issue that has not received sufficient attention to date: the issue of estate planning for those who own cryptoassets. The guide is accessible, practical, thorough and highly readable. More broadly, it is a useful guide for anyone seeking a plain language discussion of security issues surrounding ownership of cryptoassets, particularly those in the legal profession."- Ana Badour, Partner and Fintech Lead at McCarthy Tétrault LLP

About the Author

Pamela Morgan is an educator, entrepreneur, author, and attorney who has been working exclusively with bitcoin & open blockchains since early 2014. Morgan is a widely respected authority on multi-signature governance and legal innovation in digital currencies. She spends much of her time traveling the world training lawyers about these technologies through her company, Empowered Law.

Product details

Publisher : Merkle Bloom LLC (April 15, 2018)
Language : English
Paperback : 144 pages
ISBN-10 : 1947910116
ISBN-13 : 978-1947910119
Item Weight : 7.2 ounces
Dimensions : 6 x 0.33 x 9 inches

Best Sellers Rank: #39,259 in Books (See Top 100 in Books)
- #11 in Estates & Trusts Law

Customer Reviews:
26 ratings

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Christopher B. Flinders

An easy to follow guide to get you started on the path to handing down your cryptoassets

Reviewed in the United States on April 26, 2018

Verified Purchase

An easy to follow guide to get you started on the path to handing down your cryptoassets to family, friends, charities, etc. The overall message is to get started TODAY (Just do it) and to not let the dream of a perfect plan stop you from making progress today. Many easy to use forms are included to help you measure your unique situation, risk and security needs. This is going to be a monumental topic over the next decade as more wealth is stored in cryptoassets and the process for secure and legal transfer of this new store of value becomes common place.

7 people found this helpful

Helpful

D. Broyles

Thoroughness and easily understood.

Reviewed in the United States on August 24, 2018

Verified Purchase

Iʻm ½ way through my first read-through before following through with the instructions for real. First impression is its thoroughness and easily understood text. I keep noticing how the author makes no presumptions about the knowledge of the heirs on how to access one's stash of crypto.

Frankly my relatives have trouble attach a photo to an email, so I thought, "Of course..." when she noted that one should take a photo of the Ledger Nano S and print it to paper so they know what it looks like, which makes clear sense when it could be dismissed as just some flash drive.

It was all these details that I take for granted that opened my eyes to how others less knowledgable would see how to navigate this situation.

2 people found this helpful

Helpful

Amazonian resident

ABSOLUTE MUST HAVE

Reviewed in the United States on May 12, 2018

Verified Purchase

Pamela is a great writer, clear thinker, and is really easy to understand. Love her talks on Youtube too! This isn't a pretty topic, and it seems daunting, but she makes it manageable. I would def recommend this so these assets don't get lost when you go.

2 people found this helpful

Helpful

Julian16

Eye opener

Reviewed in the United States on December 1, 2019

Verified Purchase

For those with cryptocurrencies, or those looking to invest, this book provides an excellent overview of how you should approach these assets with regards to your will. It's a very accessible and quick read.

Helpful

GeekGirl

Good buy! Would buy again.

Reviewed in the United States on June 1, 2019

Verified Purchase

Easy read with lots of valuable insight. I like the journey the author takes me on to protect & pass on digital assets. Good read, or listen.

Helpful

pilotSteve

Helpful and insightful checklist for every crypto owner

Reviewed in the United States on May 4, 2018

Verified Purchase

Good practical advice to safety navigate the estate process to safely, reliably and effectively ensure your heirs receive the assets you want them to have.

Helpful

Jeff

Stop procrastinating and follow the guidance

Reviewed in the United States on May 28, 2018

Verified Purchase

You could get hit buy a bus tomorrow. Would your heirs know what do to with your cryptoassets? Pamela Morgan’s book provides clear instructions for everyone involved in this space. Whether you trade, HODL, or BUIDL, you should have a plan in place.

Helpful

Anne Connelly

Really helpful book

Reviewed in the United States on May 6, 2019

Verified Purchase

This book gave practical advice that was really helpful for planning.

Helpful

Top reviews from other countries

Amazon Customer

Very Good

Reviewed in the United Kingdom on August 15, 2018

Verified Purchase

Thank you for a great book and timely reminder to get things sorted. I heard about your publication on a podcast by the way.

Anne Connelly

Came with helpful templates!

Reviewed in Canada on March 4, 2019

Verified Purchase

The book helped me finally get my crypto in order as a part of my will. The included templates were really helpful to make the process easy.

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