Onramp Bitcoin Media

Trust Experts Reveal the Strategy to Protect Your Bitcoin Fortune

9 snips
Aug 20, 2025
David Green and Paul Hoylman from First Covenant Trust & Advisors explore the intricacies of protecting Bitcoin wealth. They discuss how estate planning is crucial for Bitcoin holders, framing it as an 'acorn' asset that can yield significant growth. The duo delves into directed trusts, which allow investors to maintain control over their holdings, and multi-institution custody for safer asset management. They emphasize the need for specialized trust solutions to address Bitcoin's unique risks and highlight the importance of clear legacy goals in trust structures.
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INSIGHT

Bitcoin Forces Urgent Inheritance Planning

  • Bitcoin must be converted into scarce, portable assets to preserve wealth over currency debasement.
  • Many Bitcoin holders view it as multi-generational but lack reliable inheritance plans.
INSIGHT

Treat Bitcoin As An Acorn Asset

  • Bitcoin behaves like an 'acorn' asset: small now but potentially enormous later, amplifying planning value.
  • Acting early captures tax and planning advantages before appreciation makes fixes expensive.
INSIGHT

Demographics Create A Planning Wave

  • Bitcoin ownership maturity correlates with age and price appreciation, creating a surge in estate-planning needs.
  • Many millennials now face real planning decisions as modest holdings become substantial over time.
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