Bitcoin Inheritance Planning - page 2.

Pamadar

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Quote from: xvids on April 22, 2019, 01:27:33 AM

I think I would leave the half to my wife and the other half to my parents.
Since we don't have a kid yet but if ever we have our own child then I would leave more to my wife and son/daughter.
It is always good to have a plan since we don't really know what could happen in the future.

First family is really deserving of what we invest, giving everything to them will make them more secured after we past away, even in the rules of the law we should provide everything for them, but regarding to Bitcoin I will rather cash out my money and leave it to my wife and kids than leave my wallet making my wife confused and possible being hacked.

Annalise24

copper member

Activity: 84

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Atronocom

I read the Whitepaper of a project sometime ago ,the project was talking about providing solution to the issue of transfer of ownership when someone dies .
I think the project name is safe heaven.
Although I do not know if they are still operational.

kentrolla

hero member

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Quote from: green547 on April 22, 2019, 01:03:12 AM

Quote from: Anonylz on April 22, 2019, 12:13:30 AM

Quote from: DeathAngel on January 15, 2019, 10:12:38 AM

I don’t trust anybody so sadly if I die my bitcoin’s go too. I’m only in my late 20’s though & have nobody to leave my coins to.

I think that is a very shallow thing to say, how is it possible that in all the people you know, there is no one worthy of your trust? you rather prefare to die and let the btc stock in a wallet for eternity than to give it away to those who can benefit from it,

if you can't trust lawyers certainly you can trust your immediate family - mother, brother, sister, wife .children, uncle, aunt, nephew, niece. friends and so on, among this category of people surely there must be someone who you can trust with it, or better yet, write a will and donate to charity, there are thousand of needy people in the world who you can help with it.

And you know death is not by how young or old a person is.

A lot of people don't have close families, consider yourself lucky if you do. I'm in the same boat I have watched my own family stab me in the back and they would steal any crypto if they knew I held some. Its a cold world we live in dawg.

Lot of people keep it secret and not share. These with anyone almost to family members also. But there can be anyone person who should aware of this because anything can happen anytime we can share details to trusted and genuine person in family or friends as well.

Script3d

hero member

Activity: 1232

Merit: 503

i'd rather leave money as an inheritance compare to bitcoin, i would probably leave bitcoin my heir knows how to knows how to use it, if not then i would stick to money and make a account then leave the money their and let the compound interest do it's job.

TimeBits

member

Activity: 224

Merit: 62

Quote from: DeathAngel on January 15, 2019, 10:12:38 AM

I don’t trust anybody so sadly if I die my bitcoin’s go too. I’m only in my late 20’s though & have nobody to leave my coins to.

You can leave them to me, It would help me out a bunch

xvids

sr. member

Activity: 1176

Merit: 301

I think I would leave the half to my wife and the other half to my parents.
Since we don't have a kid yet but if ever we have our own child then I would leave more to my wife and son/daughter.
It is always good to have a plan since we don't really know what could happen in the future.

green547

full member

Activity: 385

Merit: 101

Quote from: Anonylz on April 22, 2019, 12:13:30 AM

Quote from: DeathAngel on January 15, 2019, 10:12:38 AM

I don’t trust anybody so sadly if I die my bitcoin’s go too. I’m only in my late 20’s though & have nobody to leave my coins to.

I think that is a very shallow thing to say, how is it possible that in all the people you know, there is no one worthy of your trust? you rather prefare to die and let the btc stock in a wallet for eternity than to give it away to those who can benefit from it,

if you can't trust lawyers certainly you can trust your immediate family - mother, brother, sister, wife .children, uncle, aunt, nephew, niece. friends and so on, among this category of people surely there must be someone who you can trust with it, or better yet, write a will and donate to charity, there are thousand of needy people in the world who you can help with it.

And you know death is not by how young or old a person is.

A lot of people don't have close families, consider yourself lucky if you do. I'm in the same boat I have watched my own family stab me in the back and they would steal any crypto if they knew I held some. Its a cold world we live in dawg.

Anonylz

hero member

Activity: 2562

Merit: 577

Quote from: DeathAngel on January 15, 2019, 10:12:38 AM

I don’t trust anybody so sadly if I die my bitcoin’s go too. I’m only in my late 20’s though & have nobody to leave my coins to.

I think that is a very shallow thing to say, how is it possible that in all the people you know, there is no one worthy of your trust? you rather prefare to die and let the btc stock in a wallet for eternity than to give it away to those who can benefit from it,

if you can't trust lawyers certainly you can trust your immediate family - mother, brother, sister, wife .children, uncle, aunt, nephew, niece. friends and so on, among this category of people surely there must be someone who you can trust with it, or better yet, write a will and donate to charity, there are thousand of needy people in the world who you can help with it.

And you know death is not by how young or old a person is.

AjithBtc

sr. member

Activity: 1666

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Vave.com - Crypto Casino

With bitcoin Inheritance is a must, because nothing is assured in life. We don't know what happens by the next moment. Even if our savings wasn't useful for us at least someone who we loves or who loved us make use of it. Some users stated they don't have trust on others, we're crypto people we believe it upon trust. So trusting others is also possible with perfect understanding and explanation about cryptocurrency.

MonsterV

legendary

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Quote from: DeathAngel on January 15, 2019, 10:12:38 AM

I don’t trust anybody so sadly if I die my bitcoin’s go too. I’m only in my late 20’s though & have nobody to leave my coins to.

It would be better before dying to make an inheritance containing all bitcoins, in my opinion it is legitimate to make a legacy in the form of crypto.
It's just that what is difficult later is to whom we entrust this inheritance. Whereas now there are still few people who know crypto

mich

legendary

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This can be is a sensitive subject matter for some but we must realize we are dealing with money here.
Make sure you trust someone either family member or friend with your private keys or a safety key.
I would imagine there are some people with much coins that would not want them to go to waste because they didnt plan accordingly.

lyks15

full member

Activity: 546

Merit: 100

I think there is no legal process in inherit your bitcoin when you die. But I think the real person who ahave rights to inherit and have benefits on your bitcoin is your immediate family member like your spouse if you are married. And your parents if you are single. As long as they know your private keys. So always have a copy of your private keys as a back up in case of emergency.

jakezyrus

full member

Activity: 714

Merit: 100

Quote from: Choyor on April 09, 2019, 09:03:21 PM

The same topic is almost always discussed, but everything returns to the trust of Bitcoin users themselves to someone who will inherit Bitcoin. Well, for me personally entrust it to my family and also to my close friends, which of course to those who already know the true world of Bitcoin.

friends ? your own family is already enough to entrust your funds because they are important to you and you know thier attitude alot compare to your friends . if your parents are way to old for learning cryptos then what about your brothers and sisters ? if they didnt recognize crypto at first then why not educate them ? teaching them the basics is not really that hard and wont take much time . you know mlilenials nowadays are now verry open to gadgets and new technologies .

Choyor

full member

Activity: 672

Merit: 105

The same topic is almost always discussed, but everything returns to the trust of Bitcoin users themselves to someone who will inherit Bitcoin. Well, for me personally entrust it to my family and also to my close friends, which of course to those who already know the true world of Bitcoin.

leonair

sr. member

Activity: 1400

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DGbet.fun - Crypto Sportsbook

This kind of Inheritance planning digitally is the future, if someone chooses this kind of option for their wealth then for now it's quite risky in my perspective because there are no strong law regarding about this matter yet so it's much better to do the traditional way not unless it's good to go.

But if you still insist in this kind of thing then better to teach first your heir as they must need to know the basics first before doing such things, I hope there are some digital lawyers soon that will tackle this kinds of things Grin

.

cryptpedia

newbie

Activity: 28

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Any one can inherit your crypto if they have the private keys. Conversely, no one can inherit them if they don't have the private keys. A will wont help in that case.

romero121

legendary

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Inheritance of bitcoin is much concerned as we don't know what happens with the bitcoin network as well with the life of humans. For the same it is good to keep the information shared with very trusted family members or with friends. Some suggest third-party services for this which doesn't work in the right way. Because when one dies, the third party service will acquire the assets rather than providing it to the respective investor.

awawo

member

Activity: 406

Merit: 13

Well since bitcoin is not accepted as a legal tender yet it will be very difficult to have a legal documents that will guide it willing process so the only way for bitcoin to be passed on as an inheritance is for the owner to revealed it secret key to the wallet that contain the bitcoin to the other person, because without that there is no way to pass it on because no other person can access the wallet apart from the original holder.

Moiyah

member

Activity: 630

Merit: 20

Quote from: DeathAngel on January 15, 2019, 10:12:38 AM

I don’t trust anybody so sadly if I die my bitcoin’s go too. I’m only in my late 20’s though & have nobody to leave my coins to.

Actually, my top priority is to invest more bitcoin. Gain profits, save it and inherit it to my child. I guess, you are single and you are too young to think these things. But life is unpredictable. If you don't have kids to be pass through your bitcoin, your parents are still there. Lol. But anyway, it's our choice at the end.

gudjhonson

member

Activity: 434

Merit: 10

If we teach about blockchain, this makes it easier for us to inherit bitcoin. If we give knowledge about crypto to a child, wife or husband then we will not be confused about leaving. At least they already know the ins and outs of crypto and this can be continued by them well.

Topic: Bitcoin Inheritance Planning - page 2. (Read 698 times)