What Happens to Crypto, Apps, and Digital Assets When Someone Dies?
Build a practical inventory and basis workflow for digital property and online accounts.
The practical answer
Build a practical inventory and basis workflow for digital property and online accounts. Confirm the facts and evidence first, apply the relevant rule second, and document the decision and follow-through.
Decisions to organize
Use these decision points to turn the topic into verifiable actions.
- Secure access and authorization records
- Document valuation and basis
- Coordinate fiduciary access
Evidence checklist
Forms and deadlines
Issues to flag for review
- Assuming a trust automatically reduces income tax
- Losing inherited basis evidence
- Missing portability or estate-return elections
- Treating an inheritance as ordinary income
Frequently asked questions
What should I review before acting?
Build a practical inventory and basis workflow for digital property and online accounts.
When should professional review be added?
Add review when facts, forms, deadlines, elections, or consequences remain uncertain.
Sources and important note
General educational material based on the official sources below. Confirm tax-year facts and your individual circumstances before filing or acting.
Turn the guide into a plan.
Bring the records, questions, and deadlines that apply.