NFT estate planning deals with tokens recorded on a blockchain that represent ownership of a specific item — artwork, collectibles, in-game property, membership rights. Because they live in the same wallets as cryptocurrency, they inherit the same access problem, with valuation and provenance difficulties layered on top.
Valuation is where NFTs diverge sharply from other assets. Markets can be thin, prices move dramatically, and a collection appraised at one figure may be worth a small fraction months later. For estates that need a value for tax or distribution purposes, this creates genuine difficulty, and it is an area where professional guidance is warranted rather than optional.
Ownership is also narrower than buyers often assume. Holding a token generally conveys the token, not necessarily copyright or commercial rights in the underlying work, and what a beneficiary actually receives depends on the terms attached to that particular project. Some collections carry licensing rights; many do not.
There is a further fragility that has no analogue in physical art: many tokens point to media hosted elsewhere. If that hosting lapses, the token survives while the image it references does not. An heir can inherit a verifiably owned token whose artwork no longer resolves, which is worth understanding before treating a collection as a durable store of family value.