If you’ve been investing in cryptocurrency, you’re already ahead of the curve. But here’s a question most people don’t think about: what happens to your crypto when you’re gone? Unlike traditional bank accounts, cryptocurrency isn’t something your family can just ask the bank for access to. Without proper planning, your digital assets could be lost forever.
Estate planning isn’t the most exciting topic, but when it comes to crypto, it’s absolutely essential. Let’s break down why you need a plan, what could go wrong if you don’t have one, and how to ensure your digital wealth is protected.
Why Crypto Needs a Different Approach to Estate Planning
Unlike traditional assets (cash, property, investments), crypto comes with a unique challenge—it’s decentralised. No bank, no financial institution, and no handy “forgot my password” button. As a result, If your private keys are lost, so is your crypto. See our other blog post on “Why it Matters”.
Your loved ones can’t inherit what they can’t access, so if you don’t leave clear instructions, your digital fortune could disappear into the void. And trust me, it happens more often than you’d think—billions in Bitcoin alone have been lost due to poor planning.

Step-By-Step: How to Protect Your Digital Legacy
1. Take Stock of Your Digital Assets
- Make a list of all your crypto holdings—Bitcoin, Ethereum, NFTs, DeFi investments, staking rewards, anything of value.
- Include details on where they’re stored (hardware wallet, exchange, cold storage).
2. Document Your Access Information (Safely!)
- Write down your private keys, wallet passwords, seed phrases, and any two-factor authentication details.
- But never store them in an online document, email, or text file—hackers love that. Instead, keep them offline in a secure location like a hardware wallet backup, safety deposit box, or encrypted USB drive.
3. Choose a Trusted Executor
- Traditional executors (like solicitors) often don’t understand crypto. Consider appointing a digital executor—someone who understands how wallets, keys, and exchanges work.
- Make sure they know where to find your instructions when the time comes.
4. Create a Legally Binding Plan
- Include your crypto holdings in your will or trust—but never put private keys directly in a will (they become public record after probate).
- Consider setting up a trust to manage crypto inheritance smoothly, avoiding delays and legal headaches.
5. Keep Your Plan Updated
- Crypto moves fast. Therefore, If you change wallets, add new investments, or move assets to DeFi platforms, update your plan.
- Set a reminder to review your crypto estate plan at least once a year.
The Risks of Doing Nothing
Not convinced? Here’s what can happen if you don’t have a plan:
- Lost Funds: No one can access your crypto. It’s gone—forever.
- Legal Battles: Your family could end up in costly legal disputes trying to claim assets they can’t access.
- Fraud & Theft: Without a clear plan, your crypto could fall into the wrong hands—or worse, be mismanaged by someone who doesn’t understand it.
We’ve all seen the horror stories of people losing millions in Bitcoin because they forgot a password or misplaced a seed phrase. Don’t let that happen to your family.
Final Thoughts: Future-Proof Your Crypto Wealth
Estate planning for cryptocurrency is not something to put off. The earlier you sort this out, the easier it will be for your loved ones when the time comes.
🔹 Take action today—audit your digital assets, document your access details, and get legal protection in place.
🔹 Need expert guidance? Visit our digital estate planning page to learn more about how we can help secure your crypto legacy. Or, if you’d like a chat, drop us a message on our Our Contact Page.
Your crypto wealth is valuable. Make sure it doesn’t disappear when you do.
If you’re a Willwriter or Estate Planner, take a look at some of the courses and guidance HERE.
Bonus: Quick Checklist for Crypto Estate Planning
- ✅ List all your cryptocurrency holdings.
- ✅ Secure private keys and access credentials offline.
- ✅ Appoint a digital executor who understands crypto.
- ✅ Include your assets in your will or trust.
- ✅ Update your plan regularly as your portfolio changes.
Taking these simple steps now can save your loved ones from financial loss, legal stress, and unnecessary headaches in the future.