What happens to your tokens after your death?

[Domithra]

Just recently, a news showed how one crypto whale died with his cryptocurrencies worth millions of dollar. No member of the family had access to his private keys and other login details. Are you ready to face the same fate and leave your children or family without having access to your hard earned cryptocurrencies some day to come? Showing your wallet login details to them now can also be risky so what are some of the preparations you are making towards the retrieval of your money when you are gone for life one day?

[tsakf]

Just recently, a news showed how one crypto whale died with his cryptocurrencies worth millions of dollar. No member of the family had access to his private keys and other login details. Are you ready to face the same fate and leave your children or family without having access to your hard earned cryptocurrencies some day to come? Showing your wallet login details to them now can also be risky so what are some of the preparations you are making towards the retrieval of your money when you are gone for life one day?

You have to provide the private keys, somehow. If you do not trust, a person. split the private keys to two or more persons, and do a will. When it's time, the holders of the split parts should bring them together, as the will commands. You can modify this proposition to fit your needs.

[asrafmasyur]

May give a key from my wallet to the heir to use after I die. but, who knows when we will die? No one can avoid that. Crypto is very complicated and very difficult to use by most people.

[debra]

I plan to let my wife or one of my family members know about my data about crypto assets. It will be better to let them know than those assets disappear and cannot be accessed after death.

[Coin63@]

I don't never think such kind of future.. If I accidentally dead in any way I just put my password and all accounts in my diary and it will be sent to my son Tommy.

[Paglamon]

I want to dedicate the future generation to my tokens after my death. People are mortal. This is an extreme reality. But people are making money to survive. In fact, the family and social establishment do not match if there is no money. and beautifully lives-living requires money or tokens. So we have to think about increasing our resources.🤔

[UNIVERSE]

Actually no one wants to die soon, but planning for the future assets after death is a good way. As the case above, the whale never shared the information related to his assets to other people. However, I think it is crucial to trust to some body to keep our assets data if we die. The person may be one of our family members. 

[Domithra]

Just recently, a news showed how one crypto whale died with his cryptocurrencies worth millions of dollar. No member of the family had access to his private keys and other login details. Are you ready to face the same fate and leave your children or family without having access to your hard earned cryptocurrencies some day to come? Showing your wallet login details to them now can also be risky so what are some of the preparations you are making towards the retrieval of your money when you are gone for life one day?

You have to provide the private keys, somehow. If you do not trust, a person. split the private keys to two or more persons, and do a will. When it's time, the holders of the split parts should bring them together, as the will commands. You can modify this proposition to fit your needs.

Actually, this is a clever idea and i'm in support. I think this can be the safest way to pass on your hard earned money after your death to family or any one who succeeds you. But make sure the parties involved do not communicate and do not know much about cryptocurrency. If they communicate frequently and know about cryptocurreny, they can equally know that combining those keys will be your private key and your money will be gone before you even realize.

[tsakf]

Actually, this is a clever idea and i'm in support. I think this can be the safest way to pass on your hard earned money after your death to family or any one who succeeds you. But make sure the parties involved do not communicate and do not know much about cryptocurrency. If they communicate frequently and know about cryptocurreny, they can equally know that combining those keys will be your private key and your money will be gone before you even realize.

You do not have to tell the trusted persons, that you give them private keys, It can be a closed envelope, and say that you want them, to be opened after death. Inside, there will be instructions, of what you want them to do..

[VK.point]

Just recently, a news showed how one crypto whale died with his cryptocurrencies worth millions of dollar. No member of the family had access to his private keys and other login details. Are you ready to face the same fate and leave your children or family without having access to your hard earned cryptocurrencies some day to come? Showing your wallet login details to them now can also be risky so what are some of the preparations you are making towards the retrieval of your money when you are gone for life one day?

I will keep telling people (family) who I consider capable of keeping my crypto wallet key secret, so as not to lose forever. Because we know crypto is not like a bank that can be inherited. If we lose the password, we will lose forever. And I think it's something very important for us to anticipate from now on. Why not?

[Bica]

that's truly sad that assets can be lost and disappear as the system still didn't made up with such cases.

[backfirst77]

If we don't pass on the crypto private key wallet the closest person will lose all the assets we have in any amount. Because the confidentiality of crypto wallet is very difficult to penetrate and other people also don't know which account to have if we die.

[Contagem]

In one article of a blogger, I read that in the future, the legislation of the countries will be adapted so that cryptocurrencies can be bequeathed to their relatives in the event of your death and issue a complete testament. I don’t know how the procedure of transferring private keys to a notary will work. 

[88percent]

We can give our tokens/assets to our family members after we die. To give them, we need to share the data to one of our family member that can be trusted to manage it wisely. I think I will do this way, at least to secure may assets's future. 

[araka]

i think we must write passpharse and private key. and store on brankas. and write simple instruction to access them. so if we died. someone can access it .