What happens to your tokens after your death?

[KunotCoin]

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?

A very good question but its hard to answer i think you should wrote all your keys and log. in details so your heir or family can access it in times of sudden event that we cant predict like death.

[Shahinaz]

in anticipation of premature death, I think by making a file containing all of our wallet's private keys on one of the flashdisk  it will make it easier for the heirs to assess our assets if we die
  but we must first introduce crypto to our heirs later

[alyanov]

I also heard the news, about whale crypto who died and no one can access into his account, this is a lesson for us as crypto anthusiast when we die, we must be able to inherit our assets to the people we care about, not to the results of our work wasted.

[Alcor]

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.

Already, you can make any will, including the transfer of inherited cryptocurrency. There is no particular form here. It is important that it is clear for the manager of the will and the heir to the cryptocurrency. Of course, we must think in advance about the possibility of our death. However, as a rule, we are never ready for it.

[dentolas]

important subject. We often tend to think that death is far away, but anyone can die at any time... so crypto assets must be safeguarded...
never given it much tought, but i think I will leave all my crypto data written down for my wife and son... but I'll have to explain them first on how to use it
in case you are a whale with several children, a good idea would be to split the private keys, leaving instructions on the will (like someone else suggested)
cheers

[keyz]

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

There is no problem with the system, I think it is about our plan to prepare everything including the death. In this case, we should be aware that the death can happen at any time and suddenly. So, we need to prepare it by storing our asset's data on the place that our family members can know.

[sammysnack]

I think about this better to tell my family in advance. otherwise, why these old cryptoactives and why, if suddenly you will not?
the main thing is that you should not be killed by your own family if they find out that on the second account too many crypts, lol.

[Jee]

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.

No i disagree with you what if one of the two holder died so we go the main quastion not answerd.
For me i keep the login words and passwords and phrasess in a hard copy and in an offline removavle disk and a printed copy as document. I safe all in my safebox it is hard to break, but with hard effort my family member can get to it if they use force. By this way i protect my family after me. 

[Prime]

There is no problem with the system, I think it is about our plan to prepare everything including the death. In this case, we should be aware that the death can happen at any time and suddenly. So, we need to prepare it by storing our asset's data on the place that our family members can know.

You are right. Every crypto holders should know the way to prevent their assets from losing. The death may make our assets to lose, but I think we can make the way to deal with it.

[khufuking]

Why showing your login details to your wife or husband is risky! it is just like sharing bank account information, I told and showed my wife how to log in and use my wallets in case something bad happened that is a reasonable and logical thing to do. I remember there was a project launched back in 2017 that was focusing on that area if I remember correctly it was called Mywish or Mywell I don't really remember and I do not know if they are still operating until now or not.

[DAMKAR]

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?

In my opinion ,  It is a good advice.  You can share your  privat key and password  with your couple.  It is good way to do, if you dead.

[arnishad]

Too several altcoins are dying, as a result of they need no space during this market and they're simply a shitcoins. Top altcoins have a lot of potential in cryptoworld, not simply bitcoin and eth. XRP has partnered with several banks, XEM traveling around the globe and alternative coins do the identical issue therefore some altcoins aren't useless.

[Alcor]

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?

In cryptocurrency, this will be a constant problem. Cryptocurrency is not money in the bank, where, after the death of a relative, these data are usually known and available. Here we need specific secret keys, without which no one can have a cryptocurrency. People will almost never be ready for their death, and therefore the cryptocurrency will always be irretrievably lost. This is inevitable and you need to be prepared for this. Over time, the number of bitcoins in circulation will also constantly decrease. Whatever recommendations we give here, it will inevitably happen all the same.

[paolobaltimori]

This is a very important thing to think about... that's why I explained to my wife how to use my crypto wallets... otherwise if you don't do this you will risk to loose everything when you will die.

[Cryptoz]

In my opinion ,  It is a good advice.  You can share your  privat key and password  with your couple.  It is good way to do, if you dead.

Sharing private keys to other people is not good but we have no choice for now. Yeah, sharing to our wife is not so bad idea. It can be applied and may be the best one to know our data.