diff --git a/Cargo.toml b/Cargo.toml
index 2abc16bd81..aa10ee28d1 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -17,6 +17,7 @@ members = [
     "example-crates/example_wallet_esplora_blocking",
     "example-crates/example_wallet_esplora_async",
     "example-crates/example_wallet_rpc",
+    "example-crates/example_migrate_wallet",
 ]
 
 [workspace.package]
diff --git a/example-crates/example_migrate_wallet/Cargo.toml b/example-crates/example_migrate_wallet/Cargo.toml
new file mode 100644
index 0000000000..e0f1b70b17
--- /dev/null
+++ b/example-crates/example_migrate_wallet/Cargo.toml
@@ -0,0 +1,13 @@
+[package]
+name = "example_migrate_wallet"
+version = "0.1.0"
+edition = "2021"
+authors.workspace = true
+
+[dependencies]
+bdk = { version = "0.29" }
+bdk_wallet = { path = "../../crates/wallet", features = ["rusqlite"] }
+bdk_electrum = { path = "../../crates/electrum" }
+
+[lints]
+workspace = true
diff --git a/example-crates/example_migrate_wallet/src/main.rs b/example-crates/example_migrate_wallet/src/main.rs
new file mode 100644
index 0000000000..10c9337e4c
--- /dev/null
+++ b/example-crates/example_migrate_wallet/src/main.rs
@@ -0,0 +1,127 @@
+#![allow(clippy::print_stdout)]
+
+use std::collections::HashSet;
+use std::io::Write;
+
+use bdk::bitcoin::Network;
+use bdk::sled;
+use bdk::wallet::{AddressIndex, Wallet};
+
+use bdk_electrum::{electrum_client, BdkElectrumClient};
+use bdk_wallet::rusqlite;
+
+const DESC: &str = "tr([83737d5e/86'/1'/0']tpubDDR5GgtoxS8fJyjjvdahN4VzV5DV6jtbcyvVXhEKq2XtpxjxBXmxH3r8QrNbQqHg4bJM1EGkxi7Pjfkgnui9jQWqS7kxHvX6rhUeriLDKxz/0/*)";
+const CHANGE_DESC: &str = "tr([83737d5e/86'/1'/0']tpubDDR5GgtoxS8fJyjjvdahN4VzV5DV6jtbcyvVXhEKq2XtpxjxBXmxH3r8QrNbQqHg4bJM1EGkxi7Pjfkgnui9jQWqS7kxHvX6rhUeriLDKxz/1/*)";
+const ELECTRUM_URL: &str = "ssl://mempool.space:60602";
+const NETWORK: Network = Network::Signet;
+
+// Steps for migrating wallet details from bdk v0.29 to bdk_wallet v1.0. For this example we assume
+// the previous wallet was backed by `sled` and the new wallet will use sqlite. (steps will be
+// similar if coming from sqlite, but we can't easily depend on multiple versions of rusqlite
+// in the same project).
+
+// Run this with `cargo run` and optionally providing a path and tree name
+// for an existing sled db
+
+// Usage: `cargo run -- [db_path tree_name]`
+
+fn main() -> Result<(), Box<dyn std::error::Error>> {
+    let cargo_dir = std::env::var("CARGO_MANIFEST_DIR")?;
+
+    // Accept a db config passed in via command line, or else create a new one for testing
+    let mut args = std::env::args();
+    _ = args.next();
+    let args: Vec<String> = args.collect();
+
+    let db = if args.len() < 2 {
+        let path = format!("{}/sled", cargo_dir);
+        sled::open(path)?.open_tree("wallet")?
+    } else {
+        let path = args[0].to_string();
+        let tree_name = args[1].to_string();
+        sled::open(path)?.open_tree(tree_name)?
+    };
+
+    // Open wallet
+    let wallet = Wallet::new(DESC, Some(CHANGE_DESC), NETWORK, db)?;
+
+    // Get last revealed addresses for each keychain
+    let addr = wallet.get_address(AddressIndex::LastUnused)?;
+    println!("Last revealed external {} {}", addr.index, addr.address);
+    let last_revealed_external = addr.index;
+
+    let addr = wallet.get_internal_address(AddressIndex::LastUnused)?;
+    println!("Last revealed internal {} {}", addr.index, addr.address);
+    let last_revealed_internal = addr.index;
+
+    // Get descriptors
+    // Or we can use the same `DESC` and `CHANGE_DESC` from above.
+    // let descriptor = wallet.public_descriptor(KeychainKind::External)?.unwrap().to_string();
+    // let change_descriptor = wallet.public_descriptor(KeychainKind::Internal)?.unwrap().to_string();
+
+    // Note:
+    // If wallet 1 was created with signing keys we could try to get the signers from it as well, however
+    // we'll get a compiler error if we try to pass these to wallet 2, as it is using a different version
+    // of rust-miniscript. Since the old bdk made you provide the descriptors at startup, we can assume
+    // they are also available when doing the migration, so private keys will carry over if desired.
+    // let signers_external = wallet.get_signers(KeychainKind::External).as_key_map(wallet.secp_ctx());
+    // let signers_internal = wallet.get_signers(KeychainKind::Internal).as_key_map(wallet.secp_ctx());
+    drop(wallet);
+
+    // Create new wallet
+    let new_db_path = format!("{}/wallet.sqlite", cargo_dir);
+    let mut db = rusqlite::Connection::open(new_db_path)?;
+    let mut wallet = match bdk_wallet::Wallet::load().load_wallet(&mut db)? {
+        Some(wallet) => wallet,
+        None => bdk_wallet::Wallet::create(DESC, CHANGE_DESC)
+            .network(bdk_wallet::bitcoin::Network::Signet)
+            .create_wallet(&mut db)?,
+    };
+
+    // Retore revealed addresses
+    let _ = wallet.reveal_addresses_to(bdk_wallet::KeychainKind::External, last_revealed_external);
+    let _ = wallet.reveal_addresses_to(bdk_wallet::KeychainKind::Internal, last_revealed_internal);
+
+    // Remember to persist the new wallet
+    wallet.persist(&mut db)?;
+
+    println!("\n========== New database created. ==========");
+
+    let addr = wallet
+        .list_unused_addresses(bdk_wallet::KeychainKind::External)
+        .last()
+        .unwrap();
+    println!("Last revealed external {} {}", addr.index, addr.address);
+    let addr = wallet
+        .list_unused_addresses(bdk_wallet::KeychainKind::Internal)
+        .last()
+        .unwrap();
+    println!("Last revealed internal {} {}", addr.index, addr.address);
+
+    // Now that we migrated the wallet details, you likely want to rescan the blockchain
+    // to restore transaction data for wallet 2. Here we're using the bdk_electrum client
+    // with a gap limit of 20. We also pass the `true` parameter to `full_scan` to indicate
+    // we want to collect additional transaction data (previous txouts) that are important
+    // for a fully functioning wallet.
+
+    let client = BdkElectrumClient::new(electrum_client::Client::new(ELECTRUM_URL)?);
+    let req = wallet.start_full_scan().inspect({
+        let mut stdout = std::io::stdout();
+        let mut once = HashSet::new();
+        move |k, spk_i, _| {
+            if once.insert(k) {
+                print!("\nScanning keychain [{:?}]", k);
+            }
+            print!(" {:<3}", spk_i);
+            stdout.flush().unwrap();
+        }
+    });
+
+    let update = client.full_scan(req, 20, 1, true)?;
+
+    wallet.apply_update(update)?;
+    wallet.persist(&mut db)?;
+    println!("\n{:#?}", wallet.balance());
+
+    Ok(())
+}