Bitcoin Estate Planning with Peter Dunworth (SLP486)

Peter Dunworth is a financial adviser for high net worth individuals and families. He joins me to talk about what most people are getting wrong on bitcoin estate planning and inheritance. We discuss:

[00:00:00] Introduction
[00:00:32] Why bother with all this?
[00:05:27] Legal, asset protection and tax benefits
[00:13:55] Possession vs Title of coins
[00:14:49] Practical components
[00:20:25] Collaborative custody
[00:34:56] Miniscript and technical advances
[00:50:52] Valuation framework for Bitcoin and why inheritance matters

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Stephan Livera links:

[schlemmermaul]

Once folks understand the estate planning potential of cryptography a lot more net worth will go into BTC! Few understand this for sure!

[Joe]

50:25 As for changing jurisdictions to get a better inheritance tax, I saw/read from Unchained that it doesn't matter if you move unless you go all out and renounce your citizenship, but even then there's an exit tax (at least for the US)... wtf. They'll take your money no matter what and you just gotta accept it unfortunately.

[Joe]

Mid 80s hodler with 60% allocation? Whoa, I don't have enough sats...

[LeedsLUFC]

I couldn't find the equivalent to the "testamentary trust" in the UK despite him mentioning it