facebook​[Qn by YouTube viewer "lhjo87"] To Eileen, what about crypto assets? Can people claim the assets from the exchange or use a will to claim the password if it is in the safe inside bank or something? - Seedly

Advertisement

Clara Ng

Community Manager at Seedly

13 Oct 2021

βˆ™

Random

​[Qn by YouTube viewer "lhjo87"] To Eileen, what about crypto assets? Can people claim the assets from the exchange or use a will to claim the password if it is in the safe inside bank or something?

SeedlyTV: Should talking about Death be difficult?

Discussion (1)

What are your thoughts?

Learn how to style your text

Hey there, lhjo87! The handling of the deceased estate wouldn't differ too much by the type of asset/estate, but rather what was put in place to facilitate the process! It also depends on the platform's regulations, but the executor (with Will) or administrator (without Will) will have to approach these authorities with the relevant documents to request the information. This also depends on whether the executor/administrator is aware of these accounts/investments in the first place.

​

Hence, the importance of communicating what you have (securely through the Vault!) so that the people handling your assets in the future wouldn't be hitting a pinata blindly.

​

This guide might also be useful in this context:

https://www.mylegacy.gov.sg/when-death-happens/...

Write your thoughts

Advertisement