Not many people even think about wills, especially under a certain age. Let alone, if cryptocurrency should be a part of their will. We’re here to tell you, that if you have a will and currently hold cryptocurrency, this should be a part of your will like any other banking investment/asset. And, if you don’t have a will at all, get one today!
After some careful research, it is estimated that over $3.5 million in Bitcoin has been lost due to crypto-holders passing and leaving no instructions on how to retrieve it. As Bitcoin along with other cryptocurrencies begin to increase in popularity, it is crucial to include it in your will. Otherwise, it’s as good as gone.
Unlike other financial investments, cryptocurrencies like Bitcoin are much more difficult to retrieve without the crypto-holder than say, pulling money out of an RRSP.
But don’t worry, there is a solution that now exists for people with Bitcoin. Thanks to CEO David Janczewski, Coin Cover has been created. The world’s first cryptocurrency will. This will protect all of your crypto assets once you have passed. It’s one of those things, you never plan to die, but you also never know what life will throw at you. It’s always best to be safe rather than sorry and plan for the future, whatever it may hold.
Would you use Coin Cover?
Good Luck 🙂