Mikhail Lezhnev’s Article on Cryptocurrency and Estate Planning Published in NYSSCPAs’ Tax Stringer06/08/2023
Mikhail (Mike) Lezhnev’s article, “Why U.S. Crypto-Millionaires Should Undertake Their Estate Planning and Create Irrevocable Trusts During this Crypto Market Downturn” was published in the New York State Society of CPA’s Tax Stringer, a leading publication in the accounting industry, on June 1, 2023.
This article addresses how crypto-millionaires or high-net-worth crypto investors can capitalize from an estate planning perspective while crypto prices are relatively low. The article addresses benefits of Crypto Irrevocable Trusts, including estate tax freeze opportunities, asset protection, state income tax savings, grantor’s retained access to and control over trust’s Crypto assets.
To read the full article click here or download the pdf below.