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Topic: A good man/woman leaves an inheritance - page 8. (Read 909 times)

member
Activity: 938
Merit: 13
Tontogether | Save Smart & Win Big
September 11, 2021, 09:32:58 AM
#4
An old proverb says “A good man/woman leaves an inheritance to his children's children…”. Since the inception of the world, whenever a person dies, their personal assets like money, possessions and property are either shared as stated in a will or in accordance with the law of succession where the deceased leaves no will. In most cases, the beneficiaries include may their spouse(s)/civil partner, child or children and grandchildren. In other cases, their brothers and sisters, parents or parent, nephews and nieces, favorite charity organization and state (where there is no relative) get to be the beneficiaries.

I recon that in the coming years folks are going to will their wallet seed and passphrases to their family members, their favorite charity, and even their kids unborn. As an investor or crypto trader is this a legacy you would want to leave behind?

Invariably, heirs need to leave something, a smart person and a loving family man, in any case, he works hard to leave something to his children, this is normal, if we talk about cryptocurrency, it also needs to be inherited, because these are assets , which should move and not settle in wallets and be lost.
full member
Activity: 868
Merit: 150
★Bitvest.io★ Play Plinko or Invest!
September 11, 2021, 09:25:19 AM
#3
It's not a good idea to share your seed phrase with others. Because once you give them your seed phrase, they become the owner of the fund and you don't know when you will die.
To anyone who wants to have bitcoin in a will, I recommend to read the topic created by LoyceV.

Using Locktime for inheritance planning, backups or gifts
It's not a good idea if you don't trust the person that you want to leave your things in the case of death, but if you do trust them with all your heart then probably you're already in good hands. You're suggestion of using LockTime is actually nice but to others who find it hard to use that one, you can probably go with a lawyer and discuss your will and testament.
legendary
Activity: 2380
Merit: 5213
September 11, 2021, 09:12:40 AM
#2
I recon that in the coming years folks are going to will their wallet seed and passphrases to their family members, their favorite charity, and even their kids unborn.
It's not a good idea to share your seed phrase with others. Because once you give them your seed phrase, they become the owner of the fund and you don't know when you will die.
To anyone who wants to have bitcoin in a will, I recommend to read the topic created by LoyceV.

Using Locktime for inheritance planning, backups or gifts
hero member
Activity: 1120
Merit: 887
Livecasino.io
September 11, 2021, 09:01:04 AM
#1
An old proverb says “A good man/woman leaves an inheritance to his children's children…”. Since the inception of the world, whenever a person dies, their personal assets like money, possessions and property are either shared as stated in a will or in accordance with the law of succession where the deceased leaves no will. In most cases, the beneficiaries include may their spouse(s)/civil partner, child or children and grandchildren. In other cases, their brothers and sisters, parents or parent, nephews and nieces, favorite charity organization and state (where there is no relative) get to be the beneficiaries.

I recon that in the coming years folks are going to will their wallet seed and passphrases to their family members, their favorite charity, and even their kids unborn. As an investor or crypto trader is this a legacy you would want to leave behind?
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