Gifting With and Administering Cryptocurrency
Baker Botts lawyers Jon Feldhammer, Richard Ramirez, and Kathryn McEvilly will give an MCLE presentation to The Bar Association of San Francisco on May 4. This presentation addresses the benefits and challenges of gifting cryptocurrency and issues that arise in administering trusts with cryptocurrency. This presentation also provides a general overview of cryptocurrency, including the tax treatment of cryptocurrency and recent IRS developments.
Topics:
Overview of Blockchain and Virtual Currency
i. Terminology
ii. Centralized and Distributed Ledgers
iii. Bitcoin Overview, with example
Tax Considerations and Recent Developments
i. Tax Treatment of Virtual Currency Generally
ii. Gifting and Accepting Virtual Currency
iii. Recent IRS Developments
Planned Giving Techniques and Considerations
i. Benefits of Gifting Virtual Currency
ii. Planned Giving Techniques
iii. Issues in Gifting Virtual Currency
Administering Trusts with Virtual Currency
Section Chair - Erika L. Yuen, Yuen & Yuen, Prof. Law Corp.
For more information, please visit The Bar Association of San Francisco's website.