Crypto Legacy Planning in Connecticut: All You Need To Know!

By William Burns Jr.

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Estate Planning

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Last Modified on Feb 22, 2026

Cryptocurrency has seen widespread adoption in recent years, and many people in Connecticut own at least one type of cryptocurrency. If you are considering building an estate plan, your cryptocurrency could be among the most complex issues you will need to address. Crypto legacy planning in Connecticut will be much easier if you hire a crypto legacy planning lawyer to assist you, and your attorney can help you make more informed decisions about other details.

Understanding Crypto Legacy Planning in Connecticut

The worldwide revenue from cryptocurrency is expected to approach $98 billion in 2026, and the total number of global users is steadily approaching one billion. With more widespread adoption, more people than ever are thinking about how they will transfer their crypto to their family after death. Crypto legacy planning is a crucial consideration for anyone who owns crypto. Failure to account for this could lead to complications during probate or even lost access to crypto wallets.

When you hire a crypto legacy planning lawyer, they can help you configure your estate plan to account for cryptocurrency, ensuring that your intended beneficiaries can access your crypto as you intend. According to CNBC, only about 24% of Americans have an estate plan that clearly defines how they want their assets distributed after their death, and 14% to 17% of Americans have owned cryptocurrency.

Given the inherently complex nature of cryptocurrency and the security measures a wallet offers, it is crucial to understand how to include crypto in your estate plan, ensuring it goes where you want it to after your death. Developing a crypto legacy plan is crucial for several reasons:

• You need to ensure that your beneficiaries can access your cryptocurrency accounts after your death: This requires planning for the transfer of your private keys, passwords, and physical storage devices. Failure to set up a clear process for transferring ownership could result in your cryptocurrency wallets becoming entirely inaccessible to anyone.
• An attorney can explain the potential benefits of custodial services: For example, if you plan to leave your crypto to your children, these services can ensure your accounts remain secure until your children are old enough to access them. While some cryptocurrency users are skeptical of custodial services, many have developed robust and reliable protection programs that you can trust to preserve your wealth.
• Working with a Connecticut crypto legacy planning attorney can ensure your crypto is not subjected to probate if possible: For example, you can transfer ownership into a living trust, and then the trustee can distribute your crypto and the other contents of the trust according to your will after your death.
• Cryptocurrencies are digital assets under US tax laws, not currencies, so they are potentially subject to capital gains taxes. Your attorney can explain what to expect when it comes to minimizing your estate’s tax liabilities. They can also explain other tax implications for the other components of your estate.

A Connecticut crypto legacy planning attorney can help you make informed decisions about custodial services, naming a trustee who can manage your cryptocurrency accounts, and making other key decisions about other aspects of your estate plan. Estate planning is more than just writing a will; a good attorney can help your family minimize the time they must spend in probate and preserve as much of your wealth as possible in estate planning.

Ultimately, developing a comprehensive estate plan is invaluable to your family. Your cryptocurrency could be just one of the many factors you will need to consider when it comes to ensuring your estate plan is legally enforceable and accomplishes its intended purpose. The team at Burns Thomas, LLC has years of experience helping clients with complex estate plans in Connecticut. Reach out to us as soon as you can to learn how we can help.

FAQs

What Should a Crypto Legacy Plan Include in Connecticut?

In Connecticut, a crypto legacy plan needs to include clear instructions for your beneficiaries to access the cryptocurrency you wish to leave for them and a solid plan for distributing these assets. You have multiple options, so you should hire a crypto legacy planning lawyer to help you make more informed decisions. They can explain how to configure your legacy plan to meet your goals.

Does Crypto Go Through Probate in Connecticut?

Yes, in Connecticut, crypto can go through probate since it qualifies as property. During probate, the contents of the decedent’s estate are assessed before creditors are paid for any outstanding debts, and then the remainder of the estate is distributed to the decedent’s beneficiaries. Probate is notoriously complex, time-consuming, and expensive, and an estate planning attorney can explain how you could potentially help your family avoid probate.

What Are the Biggest Mistakes People Make With Their Wills?

Some of the biggest mistakes people make with their wills include failing to account for recent life events and updating their wills to reflect these changes, and failing to include certain components that could make estate administration easier for their family. For example, your estate plan could include a will, a Medical Care Directive to explain the end-of-life medical treatment you want, a crypto legacy plan, and a living trust to help your family avoid probate.

Why Should I Hire a Crypto Legacy Planning Lawyer in Connecticut?

You should hire a crypto legacy planning lawyer in Connecticut because this is a fundamentally complex aspect of estate planning. Your attorney can explain your options for leaving your crypto to your family, how to minimize estate taxes, and how you could potentially enable your family to avoid probate by creating a living trust. It is always worth having experienced legal counsel assist you with creating your estate plan.

The team at Burns Thomas, LLC, understands that you likely have several difficult questions about crypto legacy planning in Connecticut. We can answer these questions, help you understand the potential value of custodial services, and assist you with developing a comprehensive, legally enforceable estate plan that includes a crypto legacy plan. Contact us today to schedule a consultation with a Connecticut crypto legacy planning attorney.