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By now, the Revised Uniform Fiduciary Access to Digital Assets Act (2015) is so far behind the changes of the cryptocurrency industry as to be almost quaint. That, ironically, gives fiduciaries of trusts a clearer position with which to exercise their duties. The full-scale use of CBDC payments via the digital Ruble begins Jan.
It is essential to appoint someone who will act in your best interests and fulfill their fiduciaryduties towards your estate. An important thing to remember is that the lifetime gift tax exemption will drop to $6 million by 2026. In the case of couples, both spouses can gift up to a total of $25.84 million in 2023.
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