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Bitcoin Bitcoin Probate vs Non-Probate Assets
Probate is the traditionally court supervised process of transferring title from a deceased person to their ultimate beneficiaries. But because it is set up primarily to protect creditors, it is very public in the majority of states. For Bitcoiners with substantial Bitcoin holdings, they may not want the fact that they have substantial Bitcoin holdings to end up in the public record. If you haven't done a will or set up a trust correctly, those descendants could be suing each other.