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ARTICLE · 19 MAY 2023

Digital Assets: What Will Happen To My Bitcoin When I Die?

In recent years, there has been a massive increase in information, possessions and assets being held online.

United KingdomTechnology

In recent years, there has been a massive increase in information, possessions and assets being held online.

Over 3 million people in the UK now hold cryptocurrencies such as Bitcoin, which can be substantial in value.

For the owners of these assets, they alone will hold the necessary passwords to access such digital assets.

Whilst important for security, this can cause concern when it comes to providing for your loved ones after you have passed.

It is important to consider both your physical and digital assets when preparing your Will; otherwise, your digital assets could end up lost forever.

What are digital assets?

Digital assets include any of your possessions which exist in a digital format.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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