Etienne vantKruys, a globe-trotting cryptocurrency investor from Amsterdam, was hunting for a new investment two summers ago when he met some early backers of Luna, a digital coin that offers a framework for decentralised finance. Impressed by their commitment to the project, he bought $25,000 of Luna for 20 to 35 cents a coin.
The federal estate tax is a one-time levy on your right to transfer property when you die and applies only to the value of assets in excess of $12.06 million for 2022.