How a Kraken Customer Planned Their Estate and Opened a Kraken Account in the Name of a Trust

A Kraken customer residing in Massachusetts, USA, shared their family's complete estate planning process. With the assistance of an estate planning attorney, the family established documents including a revocable trust, a pour-over will, guardian and conservator nominations, and a power of attorney. The legal fees were approximately $7,000, and the entire process took about one month. The family completed the standard onboarding process for legal entities through Kraken, submitting trust documents, trustee identification, and a taxpayer identification number. The review for opening a Kraken account in the name of the trust was completed within a few hours.