There are multiple different methods you can use to pass bitcoin on to relatives or heirs.
The most simple is to simply tell the person who is going to inherit it how to access your wallets, where your seed phrase is stored, what your passwords are, etc.
The next step up is to use a system where you split your seed phrase up in to multiple shares and hand them out to multiple people. Then if two, three, five, whatever of those people come together, they can recreate your seed phrase and access your coins.
You could give an encrypted wallet file to a relative, and have the password to decrypt it stored with your lawyer.
You can sign a timelocked transaction moving all your coins to a relative's address, which you periodically invalidate and replace.
There are also custodial services which you can pay to do this for you, but all require a fee and all require trust.
Topic: Human lost of memory - page 2. (Read 251 times)
I made a thread on this a while ago: https://bitcointalksearch.org/topic/--5285003
You could also just write down you seed and leave a note to give it to someone who'll understand what to do with it - or give them instructions and ensure they are literate enough to follow them...
You could also just write down you seed and leave a note to give it to someone who'll understand what to do with it - or give them instructions and ensure they are literate enough to follow them...
Humans are very sensitive in brain and if anything happen to humans skull it will affects the brain cells, so I want to ask for those of us that have Bitcoin in their designated wallet's, what's the remedy if we have Bitcoin and we happened to lost our sense organ, what are possible way can our relatives retrieve or recover our Bitcoin.
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