The U.S. House’s declaration of “Crypto Week” underscores a watershed moment: after years of debate, federal lawmakers are racing to define digital assets under securities and tax law. Meanwhile, California’s own Digital Financial Assets Law took effect July 1, 2025—demanding that any business offering custody or exchange of cryptocurrencies obtain a state license and adhere to strict reporting standards. For individuals, that means your Bitcoin, Ethereum and other tokens now carry new legal obligations.

Those obligations start with clear documentation. Your executor or trustee must be explicitly authorized—via a digital-asset addendum—to access and transfer wallets and exchange accounts. Without it, state regulators or courts could freeze assets or treat them as unclaimed property.

Adding this addendum is straightforward: list each exchange, wallet address and recovery method; name a trusted fiduciary; and specify how and when transfers should occur. But it’s easy to overlook a forgotten Coldcard or dormant Binance account—one that could lock your loved ones out for years.

At Final Compass, our Digital Legacy Management specialists handle every step: we audit your holdings, draft the addendum, and securely store both keys and instructions. You gain peace of mind knowing your digital wealth passes smoothly to those you choose.

Ready to safeguard your crypto legacy? Reach out today for a personalized estate review.