The typical cryptocurrency investor may prefer to spend their time perusing ‘yield farm’ returns rather than worrying about when they might ‘buy the farm’ themselves. However, it’s never been more important for them to consider putting a plan in place should they die, as their legacy could provide a significant tax headache for their families.

Some investors will be of an age where contemplating their mortality lies near the bottom of their list of concerns. However, it seems the demographics of crypto investors are broadening with the Financial Conduct Authority’s (FCA) latest statistics indicating that 70% of crypto users are over the age of 35. Further studies indicate that 10% of cryptocurrency owners in the UK are more than 55 years old.