When Two World Collide
Two very different worlds are colliding, and some beneficiaries will never see all or a portion of their inheritance.
This is because the digital world is being forced to interact with the physical world regarding death and the transfer/succession of asset ownership.
Even in our technology-focused world, most people’s estate plans still only account for "traditional" assets, like a car, bank account, house, etc.
In contrast, more and more individuals own digital assets., for example real-world asset tokenisation is projected to be a 16 trillion dollar industry (~10% of global GDP) by 2030.
Planning for digital assets is much more involved than one may think.
Different laws and classifications of digital assets make planning for these types of assets very specialised, and there is a real risk that a digital asset may be lost forever.