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Financial and Business Digital Accounts

What happens to cryptocurrency after death?

Short answer

Cryptocurrency held in a wallet is accessible only through the private key or seed phrase — without it, the cryptocurrency is permanently inaccessible. There is no recovery process. If the deceased left the private key or seed phrase in a will, safe…

What this usually means

Cryptocurrency held in a wallet is accessible only through the private key or seed phrase — without it, the cryptocurrency is permanently inaccessible. There is no recovery process. If the deceased left the private key or seed phrase in a will, safe, password manager, or other secure location, the estate can access the funds. If not, the cryptocurrency is lost forever. This is why documenting cryptocurrency holdings and access is critical estate planning.

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