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Topic: How can i pass on my bitcoins in case i die? (Read 6585 times)

sr. member
Activity: 280
Merit: 253
December 06, 2016, 12:29:56 PM
#87
Maybe you should give your bitcoin wallet password to families who want to give you heritage. That's the only thing you can do because you can access the bitcoin is you yourself who has the password bitcoin wallet. I think it's just nothing you can do if you want to give to your family heritage bitcoin and nothing could be done.
yes i have heard this a lot in this thread and as i mentioned many times this is not the way i want to do it.
i got a few good ideas, but since nothing new is coming i am going to close this one. thanks for the advice.
legendary
Activity: 1218
Merit: 1000
December 06, 2016, 12:27:12 PM
#86
Maybe you should give your bitcoin wallet password to families who want to give you heritage. That's the only thing you can do because you can access the bitcoin is you yourself who has the password bitcoin wallet. I think it's just nothing you can do if you want to give to your family heritage bitcoin and nothing could be done.
sr. member
Activity: 700
Merit: 250
November 07, 2016, 03:48:56 PM
#85
I think, to write a will and put Everything about rights of access to the digital currencies in a secure deposit box will be the right choice.
hero member
Activity: 1190
Merit: 534
November 06, 2016, 10:48:26 PM
#84
I think making a will is a good option. Alternatively you can transfer your all bitcoins to secure paper wallet and keep that wallet in bank lockers and then you will be able to appoint or nominate your legal nominee to transfer your property in case of your death. Your bank will take care of your paper wallet (make sure you are choosing a right bank) and will transfer your paper wallet to your nominee after your death.
sr. member
Activity: 280
Merit: 253
November 06, 2016, 08:25:30 AM
#83
OP here.
five pages later i have heard maybe 1 or 2 good answers. and quite often the same ones that i do not want. i do not want to give private keys to my loved ones yet. also i do not want to give private keys to an attorney. even if i would trust them, i would have to change it from time to time as i change my wallet from time to time.
hero member
Activity: 1148
Merit: 500
November 06, 2016, 08:19:49 AM
#82
Thats a good question.
Well, for me i would hire an attorney and instruct him/her how to open and transfer my bitcoins in case of accident. I will give my private keys to the attorney and let him/her distribute my bitcoins to my family and loved ones.
hero member
Activity: 532
Merit: 500
November 01, 2016, 12:08:17 AM
#81
Others have mentioned a will and that is a good idea. But consider putting the private key and detailed instructions in a safe deposit box and then reference that safe deposit box in the will rather than giving the private key or clues to the private key in the will.

Yes, it's a good idea. Just write all your passwords, keys detailed on a notebook and keep it safe in a place where just who will get your heritage can have access. Maybe a bank or a safe box. Or give it to your family members, so they can use your BTCs if you unfortunelly die.  Sad
yes that is right to say, but if you are giving it to some one in advance then there is a chance that he may use his private key in advance. i think the best option will be to write the key on a paper and then keep it in a safe place and write a well in which he will give some clue to a person whom he want to use his key after his death, so this way his key will be safe.
legendary
Activity: 2198
Merit: 1032
Or maybe just write a code to send all the bitcoins when you get die to your friend/brother/cousin anyone to whom you want to send your bitcoins. Like in the code write that if you don't login your wallet from 5 days or so (Or you set limit) after that time the code will get activated and sends the bitcoins to your relatives? Sounds good but you need some really hard work. Cool Grin
but how can you know that when will  you die and perhaps you remain busy in so other activities for a long time and your money transfer to the person then what will you do, and the other point that is there any option available in bitcoin to transfer your bitcoin to some one else using a code system and i personally even do not know about such kind of system.

First of all when you write or do something like this that your bitcoins will be sent to someone after a time period you should be aware and careful to login your wallet once in a week if you have set the time limit to a week, however you just simply increase the time limit. +It will be an automatic procedure when you don't login the code will get activated and sends the money to the desired address which you putted in the code. It take a few minutes to login your wallet so why not?
hero member
Activity: 1694
Merit: 541
what can i do to make sure, that after my death my loved ones can inherit my bitcoin?
and only after my death and not before. so giving them my privatkey now is not an option.

making a will and store your coins in a paper wallet or something like that  and lock it in a bank locker and make your trusted member you are willing to share your bitcoin in case of your untimely death as your nominee ,this is the best option i could come up with  Smiley
hero member
Activity: 1190
Merit: 525
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Others have mentioned a will and that is a good idea. But consider putting the private key and detailed instructions in a safe deposit box and then reference that safe deposit box in the will rather than giving the private key or clues to the private key in the will.

Yes, it's a good idea. Just write all your passwords, keys detailed on a notebook and keep it safe in a place where just who will get your heritage can have access. Maybe a bank or a safe box. Or give it to your family members, so they can use your BTCs if you unfortunelly die.  Sad
sr. member
Activity: 364
Merit: 254
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Others have mentioned a will and that is a good idea. But consider putting the private key and detailed instructions in a safe deposit box and then reference that safe deposit box in the will rather than giving the private key or clues to the private key in the will.
hero member
Activity: 770
Merit: 500
According to me, the best way to pass your bitcoin in case you die is to write down your private key in your testament. I know using private key is not your option but i think this is the most effective way up to now. Think about that. No one can even touch your bitcoin until you die. 
legendary
Activity: 3248
Merit: 1402
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Hm, that an interesting question. I still think about private key as the best option. You can just write in down in your will and hide the will somewhere till you feel like it's close to dying or you may say where your will is to one of your beloved ones but not say that there is a private key there.
legendary
Activity: 1400
Merit: 1001
Can I share someone my information about bitcoin wallet and how can I do it? Is it permited that two people use the same bitcoin wallet or not?
You can to with your wallet absolutely whatever you want. I am talking about standard software wallets - not online wallets - as they might have some ridiculous ToS.
Bitcoin has not such limitation as for example bank account, where in some cases you are the owner and no one else can use it.

If you want to share a wallet with someone just send him/her a copy of your private keys.
full member
Activity: 196
Merit: 100
you can pass your bitcoins to the person in case you die, through making a well in which you can mention the name of the person to whom you want to transfer you bitcoin after your death.
member
Activity: 68
Merit: 10
i think you can give the secret code to the person tho whom you want to transfer your bitcoin and hope that it will not be so much difficult job.
member
Activity: 79
Merit: 10
i think very simple you can pass on the secret key to the person to whom you want to give your bitcoins after you die.
hero member
Activity: 658
Merit: 500
you can write the access key to your account and mention the person to whom you like to transfer your bitcoin wallet key and keep it with your well and when you  will pass away your account will be transfer to the person who declare that he si the best person.

If you leave your private keys lying around, your bitcoins will reach those who find them first. You can't be sure that nobody except the rightful heir will access your will.

he can keep his private key in his private cupboard and have to mention about that to his descendants to open there about his bitcoin after his death so if he keep locked the cupboard then no one will access to it and after his death they will be able to get the keys to cupboard and so on.
sr. member
Activity: 281
Merit: 250
Or maybe just write a code to send all the bitcoins when you get die to your friend/brother/cousin anyone to whom you want to send your bitcoins. Like in the code write that if you don't login your wallet from 5 days or so (Or you set limit) after that time the code will get activated and sends the bitcoins to your relatives? Sounds good but you need some really hard work. Cool Grin
but how can you know that when will  you die and perhaps you remain busy in so other activities for a long time and your money transfer to the person then what will you do, and the other point that is there any option available in bitcoin to transfer your bitcoin to some one else using a code system and i personally even do not know about such kind of system.
legendary
Activity: 2198
Merit: 1032
Or maybe just write a code to send all the bitcoins when you get die to your friend/brother/cousin anyone to whom you want to send your bitcoins. Like in the code write that if you don't login your wallet from 5 days or so (Or you set limit) after that time the code will get activated and sends the bitcoins to your relatives? Sounds good but you need some really hard work. Cool Grin
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