🔍 Estate Planning for Bitcoin: Strategies for Wealth Preservation

As Bitcoin's market cap hits $2.1 trillion, estate planning becomes crucial for holders. With potential estate taxes looming, advisors suggest strategic moves to mitigate tax burdens.

- **Direct Gifting**: Transfer Bitcoin to loved ones' wallets, but be aware of losing control and potential capital gains tax.

- **Irrevocable Trusts**: Maintain some control while transferring Bitcoin out of your estate.

- **BTC-Denominated Life Insurance**: Pay premiums in Bitcoin and borrow tax-free, with stepped-up cost basis benefits.

Combine these strategies for optimal tax benefits. 💡 Share your thoughts below!