Comprehensive Bitcoin Inheritance Planning Templates for Belgium

Table of Contents

1. Introduction and Legal Framework
2. Digital Asset Inventory
3. Bitcoin Specific Inventory
4. Appointment of Digital Executor
5. Access and Recovery Instructions
6. Distribution Instructions
7. Technical Instructions for Executors
8. Tax Considerations
9. Contingency Plans
10. Periodic Review Requirements
11. Glossary of Terms
12. Appendices

Introduction and Legal Framework

Legal Declaration

I, [FULL NAME], residing at [ADDRESS], born on [DATE OF BIRTH] at [PLACE OF BIRTH], National Registration Number [BELGIAN NATIONAL NUMBER], being of sound mind, hereby declare this Digital Asset Addendum to be incorporated into my [Last Will and Testament/Trust] dated [DATE].

Purpose

This addendum specifically addresses the inheritance and distribution of my digital assets, with particular focus on cryptocurrency assets including Bitcoin, in accordance with Belgian law. This document is intended to supplement, not replace, my existing estate planning documents.

Legal Framework

This addendum is drafted in compliance with:

• The Belgian Civil Code (Burgerlijk Wetboek/Code Civil), particularly Book 4 on Inheritance and Gifts
• The Belgian Law of 30 July 2018 on the Protection of Natural Persons with regard to the Processing of Personal Data
• The European Regulation 2016/679 (General Data Protection Regulation)
• The Belgian Code of Economic Law (Wetboek van Economisch Recht/Code de droit économique), particularly Book XII on Electronic Economy
• The Belgian Law of 13 April 2019 introducing the Belgian Code of Companies and Associations

I acknowledge that under Belgian law, cryptoassets are considered movable property (roerende goederen/biens mobiliers) and are subject to inheritance tax (erfbelasting/droits de succession) in the region where I was domiciled during the five years preceding my death.

Digital Asset Inventory

General Digital Assets

The following is an inventory of my general digital assets:

Asset Type	Description	Location/Provider	Account Information
Email Accounts	[LIST OF EMAIL ADDRESSES]	[PROVIDERS]	See confidential appendix
Social Media	[LIST OF ACCOUNTS]	[PLATFORMS]	See confidential appendix
Cloud Storage	[LIST OF SERVICES]	[PROVIDERS]	See confidential appendix
Subscription Services	[LIST OF SERVICES]	[PROVIDERS]	See confidential appendix
Domain Names	[LIST OF DOMAINS]	[REGISTRARS]	See confidential appendix
Online Banking	[LIST OF INSTITUTIONS]	[BANKS]	See confidential appendix
Other Digital Assets	[DESCRIPTION]	[LOCATION]	See confidential appendix

Bitcoin Specific Inventory

Cryptocurrency Holdings

The following is an inventory of my cryptocurrency holdings:

Cryptocurrency	Approximate Amount	Storage Method	Wallet Type
Bitcoin (BTC)	[AMOUNT]	[COLD/HOT STORAGE]	[HARDWARE/SOFTWARE/EXCHANGE]
[OTHER CRYPTO]	[AMOUNT]	[STORAGE METHOD]	[WALLET TYPE]

Note: Specific wallet addresses and identifying information are contained in the confidential appendix attached hereto which shall be stored separately from this document for security purposes.

Storage Locations

My cryptocurrency assets are stored in the following manner:

Hardware Wallets

• [BRAND/MODEL]: containing [APPROXIMATE BTC AMOUNT]
• Physical location: [SECURE LOCATION DESCRIPTION]
• Recovery information: See confidential appendix

Software Wallets

• [APPLICATION NAME]: containing [APPROXIMATE BTC AMOUNT]
• Device location: [DESCRIPTION]
• Recovery information: See confidential appendix

Exchange Accounts

• [EXCHANGE NAME]: containing [APPROXIMATE BTC AMOUNT]
• Account details: See confidential appendix
• Two-factor authentication recovery: See confidential appendix

Multi-signature Wallets

• [DESCRIPTION]: containing [APPROXIMATE BTC AMOUNT]
• Required signatures: [NUMBER] out of [TOTAL]
• Key holders: [LIST OF INDIVIDUALS OR ROLES]
• Setup details: See confidential appendix

Appointment of Digital Executor

Primary Digital Executor

I hereby appoint [FULL NAME], residing at [ADDRESS], born on [DATE OF BIRTH], National Registration Number [BELGIAN NATIONAL NUMBER], as my Primary Digital Executor.

Alternate Digital Executor

In the event that my Primary Digital Executor is unable or unwilling to serve, I appoint [FULL NAME], residing at [ADDRESS], born on [DATE OF BIRTH], National Registration Number [BELGIAN NATIONAL NUMBER], as my Alternate Digital Executor.

Powers Granted to Digital Executor

I grant my Digital Executor the following powers regarding my digital assets, to be exercised in accordance with Belgian law:

1. Full access to my digital devices including computers, smartphones, hardware wallets, and storage media
2. Authority to locate, identify, access, and manage all of my digital assets
3. Authority to obtain passwords, encryption keys, seed phrases, and other credentials necessary to access my digital assets
4. Authority to bypass, reset, or recover passwords or other security measures
5. Authority to engage technical specialists as needed to assist in accessing, transferring, or distributing my digital assets
6. Authority to access and control my cryptocurrency wallets and exchange accounts
7. Authority to transfer cryptocurrency between wallets as necessary to execute the distribution instructions contained herein
8. Authority to convert cryptocurrency to fiat currency if required for distribution or tax payment purposes
9. Authority to complete any necessary tax filings related to my digital assets
10. Authority to communicate with cryptocurrency exchanges, wallet providers, and other relevant service providers
11. Authority to make decisions regarding the timing of distributions in consideration of market conditions, security risks, and the technical requirements of accessing and transferring cryptocurrency

Compensation

My Digital Executor shall be entitled to reasonable compensation for their services, as follows:

• A flat fee of [AMOUNT] EUR, or
• [PERCENTAGE]% of the value of the digital assets managed, or
• An hourly rate of [AMOUNT] EUR for time spent executing these duties

Additionally, all reasonable expenses incurred in the management and distribution of my digital assets shall be reimbursed from my estate.

Access and Recovery Instructions

Master Password Document

I have created a Master Password Document containing the critical access information for my digital assets. This document is:

• Stored in [SECURE LOCATION DESCRIPTION]
• Accessible via [METHOD OF ACCESS]
• Protected by [SECURITY MEASURE]

Cryptocurrency Recovery Information

Seed Phrases and Private Keys

• Location of seed phrase backups: [SECURE LOCATION DESCRIPTION]
• Method of encryption/protection: [DESCRIPTION]
• Access instructions: [DETAILED STEP-BY-STEP INSTRUCTIONS]

Hardware Wallet Access

• PIN codes: See confidential appendix
• Passphrase (25th word): See confidential appendix
• Physical location: [DESCRIPTION]

Exchange Account Recovery

• 2FA backup codes location: [DESCRIPTION]
• Authentication app: [APPLICATION NAME]
• Recovery email access: See confidential appendix

Dead Man's Switch Arrangements

I have implemented the following dead man's switch mechanisms that will activate automatically following a period of inactivity:

• [SERVICE NAME]: Will [ACTION] after [TIME PERIOD] of inactivity
• [SERVICE NAME]: Will [ACTION] after [TIME PERIOD] of inactivity

My Digital Executor is advised to be aware of these mechanisms and take appropriate action within the specified timeframes.

Emergency Access Protocol

In case of my incapacitation or death, the following protocol shall be followed to ensure the security of my digital assets:

1. My Digital Executor shall immediately secure all physical devices containing wallet software or private keys
2. Access the Master Password Document using the method described above
3. Change passwords to critical accounts to prevent unauthorized access
4. Implement temporary cold storage solutions if necessary
5. Document all actions taken regarding digital assets
6. Follow the specific security protocol outlined in the confidential appendix

Distribution Instructions

Specific Bitcoin Bequests

I hereby make the following specific bequests of my Bitcoin assets:

1. To [BENEFICIARY NAME], residing at [ADDRESS], National Registration Number [BELGIAN NATIONAL NUMBER]:

   • [SPECIFIC AMOUNT] BTC from [WALLET IDENTIFIER]
   • Delivery method: [TRANSFER TO BENEFICIARY'S WALLET/CONVERSION TO FIAT/OTHER METHOD]
   • Contingency: If the value of BTC exceeds [THRESHOLD AMOUNT] EUR at the time of transfer, the bequest shall be limited to BTC equivalent to [CAP AMOUNT] EUR, with the excess distributed according to the residuary provisions below.

2. To [ORGANIZATION NAME], registered at [ADDRESS], with company number [BELGIAN COMPANY NUMBER]:

   • [SPECIFIC AMOUNT] BTC from [WALLET IDENTIFIER]
   • Delivery method: [TRANSFER METHOD]
   • Special instructions: [ANY SPECIFIC INSTRUCTIONS]

3. To [TRUST NAME], established on [DATE]:

   • [SPECIFIC AMOUNT] BTC from [WALLET IDENTIFIER]
   • Purpose: [DESCRIPTION OF PURPOSE]
   • Distribution schedule: [DESCRIPTION OF SCHEDULE]

Residuary Bitcoin Assets

All remaining Bitcoin assets not specifically bequeathed above shall be:

• Distributed to my residuary beneficiaries in the same proportion as my other residuary assets, or
• Converted to EUR at the prevailing market rate and distributed to my residuary beneficiaries, or
• Placed in a trust with [TRUSTEE NAME] as trustee for the benefit of [BENEFICIARY NAME(S)] according to the terms specified in the confidential appendix

Distribution Timing Considerations

I acknowledge that Bitcoin and other cryptocurrencies can experience significant price volatility. Therefore:

1. My Digital Executor is granted discretion to determine the optimal timing for any transfers or conversions
2. My Digital Executor may stagger distributions over [TIME PERIOD] to mitigate volatility risks
3. For any specific bequest denominated in BTC, the exact BTC amount shall be transferred regardless of EUR value at time of transfer
4. For any specific bequest denominated in EUR value of BTC, my Digital Executor shall calculate the appropriate BTC amount at the time of transfer

Technical Distribution Instructions

For the security and proper execution of cryptocurrency transfers:

1. All transfers shall be tested with a minimal amount before executing the full transfer
2. Transfers should be verified on the blockchain before proceeding to additional transfers
3. Advanced security protocols outlined in the confidential appendix shall be followed
4. Recipients shall confirm receipt of transfers before considering the bequest fulfilled

Technical Instructions for Executors

Wallet Access Procedures

Hardware Wallet (e.g., Ledger, Trezor) Access:

1. Locate the physical device at [LOCATION]
2. Connect the device to a computer using the provided cable
3. Enter the PIN code (see confidential appendix)
4. For additional passphrase protection, enter the passphrase (see confidential appendix)
5. Use the manufacturer's official software to access the wallet
6. Verify the BTC balance before proceeding with any transfers

Software Wallet Access:

1. Install [SOFTWARE NAME] from the official website: [WEBSITE URL]
2. Open the application and select "Restore Wallet"
3. Enter the seed phrase (see confidential appendix)
4. Set a temporary password for the restored wallet
5. Verify the BTC balance before proceeding with any transfers

Multi-signature Wallet Access:

1. Coordinate with the following key holders: [LIST OF NAMES AND CONTACT INFORMATION]
2. Follow the detailed protocol in the confidential appendix for coordinating signatures
3. Use [SOFTWARE/SERVICE] to construct and broadcast the transaction
4. Required signatures: [NUMBER] out of [TOTAL]

Transfer Procedures

Creating a Secure Transfer Environment:

1. Use a dedicated computer that is:
   • Freshly formatted with a clean operating system installation
   • Disconnected from the internet except during the actual transaction broadcast
   • Free from unnecessary software
   • Protected by current antivirus and security software
2. Verify all wallet addresses using multiple independent methods before transfers
3. Use the latest official wallet software from verified sources
4. Consider using a VPN service when connecting to the internet

Transaction Security Measures:

1. Always verify receiving addresses using at least two independent methods
2. Begin with a test transaction of minimal value to confirm correct address
3. Set appropriate transaction fees based on current network conditions to ensure timely confirmation
4. Maintain detailed records of all transactions including:
   • Transaction ID (hash)
   • Sending address
   • Receiving address
   • Amount transferred
   • Date and time
   • Current EUR value
   • Transaction fee paid

Conversion to Fiat Currency:

1. Approved exchanges for BTC-to-EUR conversion:
   • [EXCHANGE NAME] - Account details in confidential appendix
   • [EXCHANGE NAME] - Account details in confidential appendix
2. Maximum daily conversion limits: [AMOUNT] BTC per day
3. Bank account details for EUR withdrawals: See confidential appendix
4. Documentation requirements for large transfers: [DESCRIPTION]

Tax Considerations

Belgian Tax Reporting Requirements

In Belgium, cryptocurrency assets must be properly declared for tax purposes:

1. Inheritance Tax (Erfbelasting/Droits de succession):

   • My digital assets, including Bitcoin, must be declared as part of my estate within 4 months of my death (6 months if death occurred outside Belgium)
   • The value should be determined as of the date of death using a reputable exchange rate source such as [SOURCE NAME]
   • The applicable regional inheritance tax rates will apply based on my domicile in the [REGION: Brussels-Capital/Flanders/Wallonia] region

2. Income Tax Considerations:

   • If my Digital Executor converts cryptocurrency to EUR, this may trigger taxable events
   • In Belgium, occasional transactions in cryptocurrency by private individuals are generally not subject to income tax
   • However, professional or speculative trading may be taxable as professional income or miscellaneous income
   • My tax status regarding cryptocurrency was: [PRIVATE INVESTOR/PROFESSIONAL TRADER]

3. Documentation Requirements:

   • My Digital Executor should maintain detailed records of:
     • Original acquisition details of all cryptocurrency (dates, amounts, purchase prices)
     • All transfer transactions executed as part of estate distribution
     • Conversion rates used for valuation purposes
     • Proof of transfers to beneficiaries

Regional Considerations

Based on my residence in [REGION] region of Belgium, the following specific inheritance tax considerations apply:

• [DETAILS OF REGIONAL TAX RATES AND EXEMPTIONS]
• [DETAILS OF ANY APPLICABLE REGIONAL REDUCTIONS OR SPECIFIC PROVISIONS]

International Tax Considerations

For beneficiaries residing outside of Belgium:

• [COUNTRY]-resident beneficiaries may be subject to [DETAILS] tax requirements
• Double taxation treaties that may apply: [LIST]
• Recommended documentation for international transfers: [DETAILS]

Contingency Plans

Loss of Access Methods

In the event that the primary access methods described in this document are unavailable:

1. Alternative Seed Phrase Recovery:

   • Secondary backup location: [DESCRIPTION]
   • Access method: [DETAILS]
   • Contact person who has information: [NAME AND CONTACT]

2. Exchange Account Recovery:

   • Alternative recovery email: [EMAIL ADDRESS]
   • Legal process for account recovery: [DETAILS]
   • Required documentation: [LIST]

3. Third-Party Recovery Services:

   • Approved service providers:
     • [SERVICE NAME]: [CONTACT INFORMATION]
     • [SERVICE NAME]: [CONTACT INFORMATION]
   • Budget authorization for recovery services: Up to [AMOUNT] EUR

Market Volatility Contingencies

To address potential cryptocurrency market volatility during the estate settlement process:

1. Immediate Conversion Option:

   • If Bitcoin price decreases by more than [PERCENTAGE]% within [TIME PERIOD] of my death, my Digital Executor is authorized to immediately convert [PERCENTAGE]% of the holdings to EUR

2. Delayed Distribution Option:

   • My Digital Executor is authorized to delay distributions for up to [TIME PERIOD] if, in their judgment, market conditions are unfavorable
   • During this period, assets should be held in [STORAGE METHOD]

3. Dollar-Cost Averaging Liquidation:

   • If conversion to EUR is necessary, my Digital Executor is authorized to implement a dollar-cost averaging strategy by converting [PERCENTAGE]% of holdings per [TIME PERIOD] over a total period not to exceed [TIME PERIOD]

Security Breach Contingencies

In the event of suspected security breach or unauthorized access:

1. Immediate Actions:

   • Transfer all accessible cryptocurrency to the emergency secure wallet with address: [WALLET ADDRESS]
   • Contact: [SECURITY SPECIALIST NAME AND CONTACT]
   • Report to Belgian Federal Computer Crime Unit: [CONTACT DETAILS]

2. Evidence Preservation:

   • Preserve all devices without turning them off
   • Document all unusual activities or access attempts
   • Maintain chain of custody documentation

3. Legal Resources:

   • Approved attorney for cybersecurity matters: [NAME AND CONTACT]
   • Maximum authorized legal budget: [AMOUNT] EUR

Periodic Review Requirements

Update Schedule

This Digital Asset Addendum should be reviewed and updated:

• At minimum every [NUMBER] months
• Immediately following any significant change in my digital asset holdings
• Immediately following any significant change in cryptocurrency storage methods
• After any major security incident

Review Procedure

During my lifetime, I commit to the following review procedure:

1. Update the digital asset inventory, particularly cryptocurrency balances
2. Verify the accuracy of all access information
3. Test recovery procedures for at least one randomly selected asset
4. Update beneficiary information as needed
5. Reconsider distribution instructions based on current asset values
6. Evaluate and update security measures
7. Document the review with date and signature

Amendment Process

Any amendments to this Digital Asset Addendum shall be executed with the same formalities as my will under Belgian law, including:

• Written form
• Date and signature
• Witnessing requirements as applicable
• Proper integration with existing estate planning documents

Glossary of Terms

For the purpose of this document, the following terms shall have the meanings assigned:

• Bitcoin (BTC): A decentralized digital currency operating on a distributed ledger technology (blockchain)
• Blockchain: A distributed, immutable ledger that records transactions across multiple computers
• Cold Storage: A method of keeping cryptocurrency offline and disconnected from the internet
• Cryptocurrency: Digital or virtual currency that uses cryptography for security and operates independently of a central authority
• Digital Asset: Any electronically-stored content, online account, or right to use digital files that has financial or personal value
• Digital Executor: The person appointed to manage and distribute digital assets according to the terms of this document
• Exchange: An online platform where cryptocurrencies can be bought, sold or traded
• Hardware Wallet: A physical device designed to securely store cryptocurrency private keys offline
• Hot Storage: Cryptocurrency storage that is connected to the internet
• Multi-signature Wallet: A cryptocurrency wallet requiring multiple private keys to authorize a transaction
• Private Key: A secure cryptographic code that allows direct access to cryptocurrency held in a specific address
• Public Address: A string of alphanumeric characters used to receive cryptocurrency transactions, derived from but not revealing the private key
• Seed Phrase: A series of words (typically 12, 18, or 24) that can be used to recover and access cryptocurrency wallets
• Software Wallet: A program or application installed on a computer or mobile device to store cryptocurrency
• Two-factor Authentication (2FA): A security process requiring two distinct forms of identification to access an account

Appendices

Appendix A: Confidential Access Information

[NOTE: This appendix should be stored separately from the main document and should be secured with appropriate measures. It should only be accessible to the Digital Executor when needed.]

Contents include:

• All wallet addresses
• All seed phrases
• All private keys
• Exchange account credentials
• 2FA recovery codes
• Encryption passwords
• PIN codes for hardware wallets
• Additional passphrases (25th word)
• Location of physical backup devices
• Access codes for physical security (safes, safe deposit boxes)

Appendix B: Belgian Legal Compliance Documentation

• Notarized declaration of digital assets
• Regional inheritance tax forms
• Documentation of compliance with Belgian digital asset laws
• Anti-money laundering compliance verification
• Prior tax treatment documentation

Appendix C: Technical Procedures and Diagrams

• Network topology of digital asset storage
• Step-by-step wallet recovery procedures with screenshots
• Cold storage setup documentation
• Multi-signature wallet configuration details
• Emergency recovery workflow diagrams

Appendix D: Beneficiary Information

• Complete contact information for all digital asset beneficiaries
• Preferred method of receiving assets
• Documentation of technical capability assessment
• Pre-established wallet addresses (where applicable)
• Contingent beneficiary details

Appendix E: Digital Executor Resources

• Contact information for technical consultants
• Approved service providers list
• Educational resources on cryptocurrency management
• Budget allocation for technical assistance
• Step-by-step executor checklist

---

Declaration of Execution

This Digital Asset Addendum is executed on this [DAY] day of [MONTH], [YEAR], in [LOCATION], Belgium.

I declare that this document accurately represents my wishes regarding the disposition of my digital assets, particularly my Bitcoin and other cryptocurrency holdings, and I have executed this document voluntarily.

---

[FULL NAME]

Witnesses:

---

[WITNESS 1 FULL NAME] [ADDRESS] [NATIONAL REGISTRATION NUMBER]

---

[WITNESS 2 FULL NAME] [ADDRESS] [NATIONAL REGISTRATION NUMBER]

Notary Attestation:

---

[NOTARY NAME] [PROFESSIONAL ADDRESS] [PROFESSIONAL REGISTRATION NUMBER]