Cryptocurrency Wills

How it works

Coincover is the first and only service to guarantee your cryptocurrency will be fully retrievable by your loved ones after your death.

How to set up your Cryptocurrency Will

Coincover makes the process of creating a Cryptocurrency Will as simple as possible.

1. Activate your Cryptocurrency Will

Enter your unique Cryptocurrency Will ID at www.coincover.com/wills to get started.

2. Confirm your identity

Answer a set of short questions to link your Cryptocurrency Will to you.

3. Identify your Executors

Confirm those who will be responsible for distributing your cryptocurrency in line with your wishes.

4. Set up your will wallets

We will help you set up multi-signature wallets for your cryptocurrency holdings.

5. Make any amendments

Decide whether to make any amendments to your wider will and notify your Executors.

6. Distribute your notification cards

Give the cards to your executors and loved ones for safe keeping. Keep your unique Will ID card on you.

Why choose us?

Cryptocurrency Wills
key features

No hardware wallet to lose

No paper keys to store

No passwords to remember or share

No long codes to enter

No tech savvy required

How it works for your Beneficiaries

There are just three basic steps your Beneficiaries need to take to retrieve your cryptocurrency.

1. Notify Coincover

Contact Coincover and provide the unique ID as identified on your Notification Card.

2. Provide the necessary documentation

The Executor will need to identify themselves and provide documentation such as a death certificate and grant of probate.

3. Receive cryptocurrency holdings

Once our checks are completed and the grant of probate is resolved, your Beneficiaries will have the choice to receive full cryptocurrency funds, or the cash equivalent value.

Beth,
Professional Executor


Beth works at a high-profile solicitors and is head of Wills, Trusts and Estates.  In her division she can see in excess of 1,200 wills being written per month for clients ranging from elderly individuals to directors of large multi-nationals.  Her job is to help her clients protect and manage their estates, to create a will and ensure that their wishes are executed.

In the last couple of years Beth has seen more and more clients come through the door looking to incorporate their Cryptocurrency holdings into their wills and estate planning. Some of her clients have dabbled in cryptocurrency and have small holdings but she has some clients who got into Bitcoin early and have amassed some small fortunes that need protecting.

To hold passwords, paper wallets or key storage devices on behalf of her clients makes her feel very uncomfortable.  Even if all the keys and passwords were provided in electronic format, her firm is not a digital assets custodian and doesn’t have the advanced technology in place to securely store and manage safes containing the keys to the cryptocurrency wallets. For this reason her firm turned to Coincover.

“We’re seeing more of our clients having cryptocurrency as part of their estate. When they supplement their main Will with a Cryptocurrency Will from Coincover, we can still deliver and execute our clients wishes when the time is right, but we don’t have the burden of storing sensitive keys and passwords or acting as custodians before that time.”

Beth now works with her clients to draw up unique Cryptocurrency Wills which can ensure that as an executor to her client's Will, she will be able to access the cryptocurrency funds when the time is right and execute on the the wishes of her client without having to worry about taking custody of digital assets. Beth can provide a trusted and secure solution to her clients and doesn’t have to turn away business for her firm.

John,
The Holmes Family


It was during one gathering of the Holmes family a few years ago that everybody got talking about blockchain, bitcoins and the future of money.

Bitcoin seemed interesting to some and rather complicated to others. But before the night was out, a number of the Holmes family went online and started to invest small amounts of money into Bitcoin, sums that have since grown over the years.

Writing a will is also something the Holmes family has openly discussed on many occasions. It’s important for them that people know what to expect and what to do in the event of the death of a family member. With such a forward-thinking approach it really wasn't a difficult or complicated decision for the Holmes family to take a out a Cryptocurrency Will.

“A few people in my family have invested in Cryptocurrency over the years. While interesting and exciting, it all sounds complicated to me. As my family members have Cryptocurrency Wills, I know I will easily have access to their cryptocurrency should anything happen to them.”

A Cryptocurrency Will means the Holmes family can continue to invest in bitcoin, continue to see their pots grow and know that their bitcoin is protected today as well as in the future for their family to inherit when they are no longer around.

Grace,
New to crypto


Grace has recently graduated university and is busy learning the ropes of her new job, paying off her student loans and thinking about saving a deposit for her first home.

With interest rates so low Grace is interested in putting small sums of money aside each month and investing in Bitcoin, perhaps even a few of the other cryptocurrencies her friends recommend when she gets a bit of savings under her belt. While her pot is relatively small right now, it’s important to Grace that it is secure and easily accessible for when the right home comes along.

She has figured out just enough to get her money into Bitcoin and what to do to get it out again. She has a system that works. But she knows that her parents who are not so tech-savvy wouldn’t have a clue how to access her bitcoin if she was no longer around.

“I’m just getting started and I haven’t got much Cryptocurrency yet, but still, if I died then I’d rather it go to  my family than it be lost forever”

For Grace, making a Cryptocurrency Will means that she doesn’t need to worry about hardware backups, sharing passwords or having to write down detailed instructions to access her cryptocurrency. She simply hands over her Cryptocurrency Will Beneficiary card to her parents and they’ll contact Coincover should the need ever arise. It is peace of mind for Grace and protection for her loved ones.

“If something were to happen to me, my family wouldn’t know how to access my Cryptocurrency. With a Cryptocurrency Will I don’t need to worry about this anymore as it is now taken care of.”

Matt,
Crypto Investor


Matt has always been an avid follower of technology and got interested in Bitcoin when it was still relatively unknown. Without feeling there was too much to lose Matt invested in some Bitcoin in 2012 based on the recommendation of a friend and didn’t think much more of it.

“I took a punt on Bitcoin a few years ago thinking nothing of it. But now I have something to lose and need to protect it.”

Matt is now married and has a young family to take care of. In the last few years the value of his cryptocurrency holdings has gone up enough to really start to worry about losing it. While Matt understands how to keep his Cryptocurrency safe using Hot-wallets, strong passwords and two-factor authentication he doesn’t feel comfortable writing this down for his family in case it gets in the wrong hands. But he also knows that without this information they’d never be able to access it.

With a Cryptocurrency Will Matt continues to hold his bitcoin in secure multi-signature BitGo wallets with full access to trade whenever he needs to, but with the peace of mind that should it be necessary, his family would be able to access the funds too.

“If something were to happen to me, my family wouldn’t know how to access my Cryptocurrency. With a Cryptocurrency Will I don’t need to worry about this anymore as it is now taken care of.”

In partnership with industry leader BitGo

Coincover has partnered with BitGo, market leader in corporate-grade multi-signature wallets,to protect your cryptocurrency.

BitGo wallets provide our customers with complete control, secure custody and continued access of their funds.

Order your Cryptocurrency Will Kit

Your Cryptocurrency Will Kit has all the materials you need to get started.

You will find your Cryptocurrency Will unique ID card, two Cryptocurrency Will notification cards, instruction on how to set up your Cryptocurrency Will, along with the details your loved ones will need to retrieve your funds when you die.

£99

Important Information

Details on how Cryptocurrency Wills work

Before starting to complete your unique Cryptocurrency Will, it is important to understand how it works and the steps necessary for your funds to be retrieved and redistributed upon loss of access through death or other means.

Cryptocurrency is designed to facilitate a secure transaction between two parties, without the need for a trusted third party such as a bank or credit card company. All of the cryptocurrency is stored on a blockchain or similar ledger. In order to move these funds, you need to complete a transaction using your private key, which is the set of alphanumeric characters that are unique to your cryptocurrency wallet. The private key is often stored in a heavily encrypted state and a complex password is usually required to access and use it.

When you set up your Cryptocurrency Will, Coincover, together with BitGo, the market leader in corporate-grade multi-signature wallets, will protect your cryptocurrency by setting up a new wallet (or wallets) specifically for your funds. This wallet provides you with complete control, secure custody and continued access of your funds up until your death.

The keys for multi-signature wallets need to be created at the time the wallet is set up with one of the keys added to Coincover’s secure storage vaults. Keys cannot be created and distributed after the fact. For this reason, Coincover is unable to protect and retrieve funds that are not in BitGo wallets protected by Coincover.

In order for an Executor, Beneficiary or loved one to access your cryptocurrency they will need to provide Coincover with the necessary legal documentation and proof before any movement of your funds takes place.

If you do not already have your cryptocurrency in a BitGo wallet, we have arranged for you to get one (or several) as part of this Will. We will walk you through the simple process of setting one up and linking it to your Cryptocurrency Will.

Important notes

1. This Cryptocurrency Will is designed to ensure your cryptocurrency assets are retrievable by your Executor in the event of your death.

2. You must complete the set-up of your Cryptocurrency Will online at https://vault.coincover.com/signup where our simple step-by-step process will guide you along the way.

3. Due to the specific and secure nature of cryptocurrency holdings, Coincover can only retrieve and redistribute cryptocurrency held within a Coincover BitGo wallet, which is provided as part of this kit.Your funds remain entirely within your control until the time of your death.

4. You do not need to share any security or password information about your holdings with anyone prior to your death.

5. You may make changes to your Cryptocurrency Will online at any time to reflect a change in circumstances.

6. The unique ID found on your Cryptocurrency ID Card is specific to you and links directly to your Cryptocurrency Will.

7. Please notify your Executor of the unique ID number on your Cryptocurrency Will ID card contained within this pack, and Coincover will do the rest.

8. Your cryptocurrency holdings may be subject to either capital gains tax or inheritance tax, depending on their value, as well as the jurisdiction in which you live. Coincover will retrieve cryptocurrency funds but is not in a position to provide legal tax advice. Specialist legal advice should always be sought in this respect.

9. Your cryptocurrency funds are usually treated as an asset and form part of your estate. We recommend you review any existing overarching will you may have, to ensure your cryptocurrency is distributed in line with your wishes.

10. If you require any assistance completing your Cryptocurrency Will, please email us at wills@coincover.com  where we will be happy to help.

Disclaimer

This Cryptocurrency Will Kit is provided to you to enable a redistribution of cryptocurrency assets to an Executor following your death. Distribution of funds should be covered in your main will. We recommend you seek professional legal advice should you have any doubt as to the suitability of the Cryptocurrency Wills Kit.