Course description
The first challenge in estate planning with digital assets is being able to identify them. Next is understanding their administration. Cryptoassets present even more acute challenges in this area, with regards to how they are transmitted, their proprietary nature, the operation of smart contacts and decentralised autonomous organisations.
Leigh Sagar presents this live and interactive broadcast that takes a closer look at this new and complex area of the financial sector, to bring you up to date with everything you need to know. It will provide an introduction to Cryptoassets, how they are taxed, creating an Estate Plan and the administration around succession.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
Estate planning with digital assets generally involves being able to identify them and to have an understanding about their administration.
These hurdles are even more pronounced with cryptoassets.
It is necessary to understand the fundamentals of how they are transmitted and their proprietary nature, particularly with the operations of smart contracts and modern institutions like decentralised autonomous organisations.
During this virtual classroom seminar, you will discover HMRC’s approach to transactions involving cryptoassets.
You will also learn about the process of identifying the assets in a crypto estate and how to plan for them, using trusts and wills. In addition, you will acquire an understanding of the basics of crypto investment, including the new decentralised finance initiatives.
What You Will Learn
This live and interactive session will cover the following:
- Brief Introduction to Cryptoassets:
- Distributed ledger technology and decentralisation
- Wallets and custody
- Smart contracts and decentralised finance
- Non fungible tokens
- Acquisition and transfer
- Valuation and other information
- Common transactions
- Taxation of Crypto Estates:
- Inheritance tax
- Capital gains tax
- Creating an Estate Plan for Cryptoassets:
- Identifying the estate
- Use of trusts:
- Documentation and constitution
- Investment of cryptoassets
- Succession:
- Administration
- Ensuring access after death
- Will drafting
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...