Given that the desire for non-fungible tokens (NFTs) is only getting stronger, and the prices only higher, it is up to the trustees to make themselves aware of the legal considerations affecting the ownership and disposition of NFTs. For the confused trustee or practitioner, we will provide an overview of: (1) the general nature of NFTs, (2) the nature of NFTs and how fiduciary obligations are affected by the market, (3) the tax implications that arise on NFTs. sale or transfer of, and
