Can Cryptocurrency Be Put Into A Trust (BitCoin, LiteCoin, Ethereum, Etc.)
Yes, everything can be put into a trust - both physical and digital. Virtual currencies, like Bitcoin, have been determined to be commodities under the Commodity Exchange Act (CEA). Whether it be cryptocurrency, a home, gold/silver, intellectual property, one's own DNA/body. If it exists in reality (or at least can be owned), it can go into a Bulletproof Trust.
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Is Cryptocurrency Acceptable For Payment
Yes, we accept cryptocurrency but it will come with a 2-4 day processing delay. Please contact support to obtain the appropriate address in which we may accept cryptocurrency. Be aware that only certain cryptocurrencies are accepted: Bitcoin, ...
How Does One Transfer Assets (Home, Car, Etc.) Into Trust
If the Grantor is the equitable/legal title holder of the asset, it may be granted into the Trust (without a necessity for probate). No matter the asset, it can be granted into the Trust's ownership. Passing assets to heirs can be done by a ...
How Does One Put Their Body Into The Trust
Simply exchange the "body, blood, DNA, etc." into the trust for a Capital Interest Certificate and make note of the property in Schedule A. One can decide to place multiple people within a single trust OR create a trust for each individual.
Can Cryptocurrency Wallets Use Lawful Money Language
Yes, cryptocurrency wallets can use the lawful money language.
Can One Put an IRA or Retirement Pension Into Trust Without Triggering A Taxable Event
No. One cannot put their individual retirement account (IRA) in a trust while living; however, naming the trust as beneficiary is acceptable. If one takes an IRA out of their name, it will trigger a taxable event, even though the trust may be tax ...