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Does This $190 Million Cryptocurrency Mistake Scare You?

Posted by James Burns | May 07, 2020

This new type of currency or investment has added to the list of estate planning mistakes and is why it pays to hire professionals. This estate planning mistake is so costly and why we encourage our clients to make their passwords accessible (digitally in an online vault) to their Successor Trustee  of their Trust.

Here's a painful example from NPR:

"Cryptocurrency Exchange Says It Can't Access $190 Million After CEO Unexpectedly Dies" https://t.co/kNwUVVpTmf

If you'd like to know how best to make your passwords available to your Successor Trustee or how to retain documents in a secure online vault, call us.

About the Author

James Burns

James Burns, Esq. is a seasoned attorney specializing in estate planning, asset protection, and tax law. Known for his expertise in Private Placement Life Insurance (PPLI), James helps high-net-worth individuals protect their wealth and achieve tax efficiency, including pre-immigration planning. With over 20 years of legal experience, he offers tailored solutions for estate planning and corporate transactions. James is also a published author and sought-after speaker, recognized for his deep knowledge and strategic approach to wealth preservation.

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