Crypto is creating an estate planning minefield for lawyers
From lost paper keys to valuation disputes, cryptocurrency is becoming an increasingly challenging and complex factor in estate planning.
The days when a person's assets were limited to their house, superannuation and perhaps some shares are over.
Around 25% of Australians hold or have held crypto assets, according to a 2023 YouGov survey.
Estate planning lawyers speaking with Capital Brief say digital assets have become an increasing area of focus in their work in recent years, but one mired with challenges.
"It's an emerging area. There's not a lot of case law on it yet," Thomson Geer partner Katie Binstock said.
