How to Include Digital Assets in Your Online Will

Digital assets and cryptocurrency are increasingly common components of personal wealth in Malaysia. Millions of people now hold digital currencies, e-wallets, and other online accounts. In fact, The Vibes reports that digital balances in e-wallets and other online funds were estimated at RM135 billion as of 2025.

As more wealth is stored online, it becomes essential to include cryptocurrency, e-wallets, and other digital holdings in your estate plan. NobleWills offers ways to secure and include digital assets in your estate, ensuring your beneficiaries can access these resources smoothly. This article explains how to manage and transfer digital assets effectively in Malaysia.

What Counts as Digital Assets and Cryptocurrency

Before you can include digital assets in your Will, you need to understand what qualifies as a digital asset. Digital assets cover a wide range of items, including:

• Cryptocurrency wallets
• Non-fungible tokens (NFTs)
• Online trading accounts
• E-wallet balances
• Cloud storage files
• Social media accounts
• Monetised websites

Some assets carry direct financial value, while others hold personal or business significance. Cryptocurrency requires special attention because access depends on private keys or recovery phrases. Without them, even lawful beneficiaries cannot retrieve the funds. This is why digital assets should be treated as a core part of estate planning in Malaysia, rather than an afterthought.

Why Digital Assets Require Special Will Instructions

Cryptocurrency and digital tokens are formally recognized under the Capital Markets and Services Order 2019. This places them within a regulated investment environment rather than traditional personal property. As a result, access and transfer rules differ significantly from conventional assets.

Many digital platforms restrict access to accounts, and privacy laws can prevent family members from retrieving funds even after the account holder's death. Without clear digital instructions, these assets may remain inaccessible despite their legal recognition.

NobleWills can help you include ways to assist your family to find your digital assets. This reduces the risk of disputes, delays, and asset loss—especially when cryptocurrency values change rapidly.

How to Inventory Your Digital Assets Correctly

Start by creating a secure inventory of all digital assets you own. This list should include the platform name, asset type and identification details, but not sensitive login details. For cryptocurrency, note the wallet type and where access credentials are stored.

This inventory is often best structured in a "List of Assets" with special instructions. While your Will is a formal legal document that may become public during probate, a List of Assets is a document as a reference for your executors to find your assets. It allows you to provide your executor with specific, confidential instructions, such as how to navigate a particular e-wallet, without "cluttering" the legal Will.

This inventory in the List of Assets is a reference and should be stored with your Will, but kept as separate documents. With a reputable Will writing service, such as NobleWills, we can guide you on what to include in your List of Assets and can securely store your Will with this List for easy access when needed.

Assigning Access Without Compromising Security

Never place passwords or private keys directly inside your Will, as they often become public documents during probate. In addition to that, digital threats remain a persistent concern in Malaysia. According to the New Straits Times, 5,735 cyber incidents were recorded in 2025.

Instead, reference a secure access method, such as a digital vault, encrypted document, or professional trustee arrangement, to keep credentials safe while still allowing lawful access.

With a qualified Will writing company in Malaysia, it can help you draft language that authorizes your executor to retrieve credentials lawfully. At the same time, this ensures your assets remain protected from misuse or exposure.

Choosing the Right Executor for Digital Assets

Not all executors are prepared to manage cryptocurrency or digital platforms. That's why you should appoint an executor with basic digital literacy or authorize professional assistance. This ensures they can handle wallet transfers, account closures, or asset conversions correctly.

Clear executor authority is especially important when writing a Will that includes blockchain-based assets, since mistakes can result in irreversible losses.

Understanding Costs and Value in Online Will Services

Many people delay estate planning due to concerns about the cost. In reality, digital estate planning can be affordable when done online. The price of writing an online Will in Malaysia often depends on the complexity of your assets rather than the size of your estate.

Despite this, a large portion of the population remains unprepared for legacy planning. According to RinggitPlus, 85% of Malaysians surveyed in 2025 had not taken concrete steps to secure their family’s financial future.

If cost is a concern, comparing providers helps you find the cheapest Will writing service in Malaysia that still meets legal and security standards. Remember, value comes from clarity, legal compliance, and future risk reduction, not just price.

Keeping Your Digital Will Updated

Digital assets change faster than traditional property. Wallets evolve, platforms close, and asset values shift. That's why you need to review your Will regularly and update it when you acquire new digital assets or change storage methods.

One advantage of online Will writing platforms in Malaysia is the ability to revise your Will efficiently without restarting the process. This flexibility keeps your estate plan aligned with your current digital footprint.

Secure Your Online Assets with the People You Trust!

Your digital assets and cryptocurrency deserve the same protection as your physical property. Failing to plan can put your beneficiaries at risk of permanently losing access to funds and accounts. By including these assets in your estate plan, you ensure they're transferred securely, legally, and according to your wishes.

Fortunately, NobleWills makes estate planning simple by offering secure and convenient online Will writing services for users in Malaysia. Our platform guides you step by step through the process of including digital assets, ensuring your estate plan is tailored to your family’s needs. To get started, create a free account today!

Frequently Asked Questions (FAQs)

Below are practical questions people often have when planning their digital estate:

How to write a Will in Malaysia?

You can write a Malaysia Will online by completing a simple questionnaire on a trusted platform and submitting your details. The process typically includes:

• Listing your assets and beneficiaries
• Appointing an executor
• Choosing guardians for minor children (if applicable)
• Adding special instructions for digital assets or overseas property

NobleWills can assist with this process by providing professional review from will specialists to ensure your document is legally valid and reflects your wishes.

Should digital assets be listed separately from physical assets?

Yes. Separating them improves clarity for executors and reduces confusion during estate administration.

Can I leave my crypto to more than one person?

Yes, you can distribute cryptocurrency to multiple beneficiaries in your will. At NobleWills, we encourage keeping your will simple by combining your crypto with your other real and liquid assets, and distributing them as percentage shares. This approach reduces complexity and helps avoid errors.

If you want to leave specific cryptocurrency gifts to certain individuals, NobleWills offers a premium service that supports detailed digital asset distributions in your will.