We are living through the largest generational transfer of wealth in history, as trillions of dollars move from baby boomers to Millennials and Gen Z. Unlike previous generations, many of today’s inheritors maintain a robust digital presence and hold a new form of wealth: bitcoin.

While traditional estate planning methods were built for bank accounts, cars, and real estate, they fail to address the unique challenges of digital assets and the digital age. A misplaced key, a forgotten seed phrase, or an executor unfamiliar with cold storage can mean that a lifetime of savings is lost forever. Password-protected mobile devices, cloud-based photo and video content, and other similar electronic data needs to not only be preserved, but remain accessible in a world full of uncertainties.

Digital asset holders cannot rely on outdated solutions. They need modern wealth management strategies that bridge legal frameworks with secure technical practices and common sense emergency plans - so their wealth, sovereignty, and legacy are preserved for the next generation.