What happens to a Kraken account when someone passes away?
We understand that managing a loved one’s accounts after their passing can be incredibly difficult. During a time of bereavement, dealing with financial matters shouldn’t feel overwhelming. While Kraken doesn’t currently offer the option to add a beneficiary to an account, we do have a process to support families and legal representatives.
If you're handling the estate of someone who had a Kraken account, our dedicated team can guide you through the necessary steps. You’ll need to provide:
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A government-issued photo ID.
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The death certificate.
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Legal documentation confirming your authority (such as probate or letters of administration).
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Any other documents our team may request.
To make things easier for those managing your estate in the future, you may consider including your Kraken public account ID and your will or estate plan.
If you need to report the death of a Kraken client, please submit a request to our Compliance team, and we’ll support you with care and discretion throughout the process.