Inherited assets refer to cryptocurrencies and digital assets passed down from one individual to another, typically through inheritance. When someone who holds digital assets passes away, their assets can be transferred to heirs or beneficiaries according to their will or local inheritance laws.The process of transferring these assets can be complex, as it often involves private keys and wallet access, which must be securely shared with the heirs. If these keys are lost or not properly documented, heirs may lose access to the inherited assets permanently.Additionally, taxation on inherited assets may vary by jurisdiction. Beneficiaries may need to report the value of the inherited cryptocurrency as part of their taxable income, depending on local regulations. Effective estate planning is crucial for individuals holding significant amounts of digital assets. This planning ensures that heirs can access and manage the inherited assets without difficulties or loss.