Digital Trust Assets: Implications For Trustees

Traditional fiduciary duties increasingly have a technological dimension as digital assets become a more common component of trust structures and estates. Trustees and executors are no longer concerned solely with conventional assets such as real property, bank accounts, shares, and physical possessions. The growing prevalence of cryptocurrencies, digital securities, non-fungible tokens, online investment accounts, and other digitally held assets means that fiduciaries must ensure that, not only can they establish legal ownership, but also the practical mechanisms by which such assets can be identified, accessed, secured, administered, valued, and ultimately transferred.

Accessing and Securing Digital Assets