Probate Funding for Estates Containing Cryptocurrency
The Executor’s Evolving Role in Handling Cryptocurrency Modern executors face responsibilities that go well beyond managing traditional assets like bank accounts or real estate. Today, they must also secure private keys, protect digital wallets, and ensure accurate valuations for highly volatile crypto holdings. Managing cryptocurrency during probate demands both technical know-how and careful attention—core elements of an executor’s fiduciary duty. In some cases, executors must also preserve the estate’s financial stability while waiting for access to these assets. Temporary funding options, such as bridge loans, can help cover estate expenses like taxes, creditor payments, or property upkeep. While such loans support the estate’s liquidity, probate funding benefits heirs directly—providing them with early access to their inheritance as the executor continues to manage the estate’s obligations.
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