You can save BCH as an inheritances

Inheritance, or the transfer of assets from one person or entity to another at the time of death.

The majority of the inheritance occurs at the time of death because are very many reasons why people die. It could be that the heir died before the deceased, could be a suicide, an accident, and so on.

In every case, it is necessary to work in your will, as you will decide how you want to leave your inheritance. Will also might be decided if you want to give your children a piece of land or part of her collection of works of art, whether you want to donate to charity.

As an inheritor, you may want to invest a portion of your inheritance into cryptocurrency or other alternatives asset. You must do this because otherwise the money can be counted as income and it will be taxable.

Inheritance doesn't mean that you have a lot of money. Inheritance is the money or asset you get from a person who passed away, it could be from your family members, spouse or friend. Another example is the insurance money.

Inheritance can be very useful for you. You can use it for your education or purchase of new big property. The problem is how to not to let taxes ruin your inheritance. The way out of this problem is to transfer the funds into cryptocurrencies.

Inheritances are taxable in every country, every state and every city has its own tax rules, but most likely you will have to pay at least 10% of your inheritance in taxes.

It is possible to decrease the taxes if you give inheritance to your children before tax officials find out about it. Profits from cryptocurrency are impossible to trace so if you'll transfer some amount of cryptocurrency to your child's account, no one will see the money in his checking account and you won't have to pay them anything.

One of the ways to invest in cryptocurrency is to buy and hold it, but many people who don't know anything about cryptocurrency think it's only for investors and not ordinary people. However, there is another way to invest in cryptocurrency, through owning it, in the form of digital heirloom you can give to your kids or donate to charity.

A digital heirloom simply means a donation to charity in your will. You can, for example, give some of your favourite cryptocurrency tokens to the charity you choose and this donation will be disbursed after your death.

It's worth noting that you need to make sure that the charity you choose accepts cryptocurrency and doesn't just accept donations in the form of money. So make sure you ask about it when you choose a charity organization.

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