FRB Digital Asset Partners Jeff Verdon, Moish Peltz, and Kyle Lawrence Featured in CoinDesk Article Addressing Crypto Estate Planning Challenges

FRB’s Jeffrey Verdon, Moish Peltz, and Kyle Lawrence, Partners in the Digital Assets Practice Group at Falcon Rappaport & Berkman, recently published an OpEd in CoinDesk titled “Crypto’s Estate Planning Problem: A Wake-Up Call.” The article underscores the urgency for cryptocurrency holders to adopt tailored estate planning strategies, addressing the unique complexities of digital assets amidst potential 2025 tax law changes. 

Verdon, Peltz, and Lawrence underscored the vulnerabilities of digital assets, which operate outside traditional estate planning frameworks, and discuss how without proper planning, holders have significant risks related to lost holdings, legal disputes, and significant tax burdens. They highlighted the importance of creating comprehensive estate plans that account for self-custodial private keys and wallets, how holders can best use gifting strategies to capitalize on current exemptions, and ways to adopt innovative tools like multi-signature wallets to enhance security and accessibility. 

With the value of cryptocurrency on the rise and regulatory scrutiny increasing, Verdon, Peltz, and Lawrence stressed that proactive planning is more critical than ever. “It’s a wake-up call for crypto holders to act now to protect their assets and avoid potential pitfalls,” they emphasized. 

By taking decisive action now, digital asset holders can protect their wealth, navigate the evolving legal landscape, and secure their legacy for future generations. Check out our recent video detailing how this proactive planning can safeguard your investments and prevent last-minute vulnerabilities. 

To read the full CoinDesk article, click here. 

Falcon Rappaport & Berkman remains at the forefront of Digital Asset and Estate Planning, providing comprehensive legal guidance to clients navigating the complexities of emerging technologies. For more information, contact our Digital Assets Practice Group at crypto@frblaw.com or by filling out the form below.   

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