The introduction of blockchain technologies—such as cryptocurrencies, like Bitcoin—has left trustees and other fiduciaries increasingly responsible for managing estates that contain investments in a growing asset class that challenges conventional notions of a prudently managed investment portfolio. This webinar will explore what these new technologies are and what they demand of fiduciaries. It also offers guidance on how longstanding investment and related fiduciary duties apply in the shifting landscape governing crypto investments. Our speaker will discuss how cryptocurrency can be used for goods, services and investments, the important aspects of owning cryptocurrency, the various ways it can be passed on death and the income estate and gift tax consequences.
CFP, CIMA®, CPWA®, and AEP® CE Credits have been applied for and are pending approval.