The Bitcoin You Leave Behind

Everything in your life has a back door. Bitcoin doesn't.

If you hold Bitcoin yourself, there's no bank to call, no court that can reset a password, and no company that can let your family in. The only way in is the one you build. This is the guide to building it, and to what your family does when the day comes.

Kindle and paperback · 256 pages · Includes fill-in worksheets

Cover of The Bitcoin You Leave Behind by William Dean: a gold key on a dark navy background.

Who it's for

Written for two readers who rarely share a book.

Most Bitcoin books are written for people who already believe in it. This one is written for the person who owns it and the person who may one day inherit it without ever having asked to.

If you own the Bitcoin

You'll see what success actually looks like: not a checklist, but a picture specific enough to hold your own setup against and find where it falls short.

Custody, ETFs, retirement accounts, trusts, beneficiary forms, the letter of instruction, and the one test that tells you whether any of it works.

If you'll inherit it

You don't have to believe in Bitcoin. Your job is smaller than you think: don't lose it before you've decided what to do.

What to do first, what not to touch, how to spot the people who target grieving families, and permission to keep it, sell it or give it away.

What's inside

Owning it and getting to it are two different things.

Ownership vs. access

Why a court can rule your heirs own your Bitcoin, and it still changes nothing about whether they can spend it.

Every way to hold it

Self-custody, exchanges, ETFs, IRAs, HSAs and trusts, and what each one means for the person who inherits it.

The letter of instruction

What goes in it, what never does, and the one sentence every template leaves out.

Security without lockout

Protecting your Bitcoin from thieves without making it unreachable for your family.

The first thirty days

A calm guide for the family: nothing is on fire, and the fast mistakes are the expensive ones.

Fill-in worksheets

An inventory, a letter template, the yearly test, and every question to take to your attorney and CPA.

“Everything in my life has had a back door. Somebody always had a copy. This is the first thing I've owned where there's no password reset, and the only reason my family gets it is that I built the way in myself, on purpose, before it mattered.”

From Chapter 1: No Password Reset

Contents

Twenty-six chapters, six parts.

Part OneWhy This Matters

  1. 1No Password Reset
  2. 2Owning It vs. Getting to It
  3. 3The Conversation You've Been Avoiding

Part Two · For the family member who isn't sureUnderstanding Bitcoin

  1. 4What Bitcoin Is, and the Honest Case For It
  2. 5The Honest Case Against It
  3. 6You Don't Have to Believe in It to Protect It

Part ThreeThe Many Ways to Own Bitcoin

  1. 7Two Questions: Where It's Held and Who Owns It
  2. 8Holding It Yourself
  3. 9Letting Someone Else Hold It
  4. 10Bitcoin Through Wall Street
  5. 11Bitcoin in Retirement Accounts
  6. 12Trusts, LLCs, and Other Legal Owners
  7. 13Comparing Your Options
  8. 14Mapping What You Own

Part FourDeciding Who Receives It

  1. 15Dividing Bitcoin Among Heirs
  2. 16Friends, Partners, and Chosen Family
  3. 17Giving While You're Alive
  4. 18Giving Bitcoin to Charity

Part FiveBuilding and Protecting the Plan

  1. 19Security Without Lockout
  2. 20The Letter of Instruction
  3. 21Working With an Estate Attorney
  4. 22Incapacity: The Plan Before the Plan
  5. 23Keeping the Plan Current

Part Six · For the heirWhen the Day Comes

  1. 24The First 30 Days
  2. 25Scams That Target Grieving Families
  3. 26Now It's Yours: Keep, Sell, or Give?

Afterword: Where I Am Now · Worksheets

Free download

The one-page Bitcoin inventory.

The most common way Bitcoin gets lost isn't theft or a forgotten password. It's that nobody knew to look. This is the worksheet from the back of the book: one line per holding, five columns, no secrets on it. Fill it in this evening and give a copy to someone who isn't your primary heir.

Download the worksheet (PDF)

About the author

William Dean

William Dean spent twenty-five years in information technology, most of it as a manager, as the person people called when they were locked out of something. There was always a way back in.

When he sat down to write about Bitcoin inheritance, the first honest thing he had to admit was that he didn't have a plan either. This book is what he found when he went looking, with every gap in his own setup left showing.

He makes videos about Bitcoin on YouTube.

Watch on YouTube