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Topic: In event of your death - page 3. (Read 6000 times)

full member
Activity: 322
Merit: 105
October 08, 2017, 07:40:49 AM
I am wondering what provisions have you all made in case you die before cashing out your bitcoins? I am single, live alone and both my parents are deceased. My siblings dont care about any of this, however I would like my nieces and nephews to get some of my profits but they are still very young right now. I dont trust lawyers to give them my private keys. I am wondering, what can I do?

Honestly I really hate a topic about death because im too scared for that to happen specially to my love ones but i realize that we all gonna lead to that scary situation. So my opinion is if ever I've got a very big amount of bitcoin i will give my husband or daughter an access to my wallet just in case in an event i will die suddenly. To ensure that my bitcoins are safe and they can use it when im gone in this world.
full member
Activity: 282
Merit: 100
October 08, 2017, 04:49:43 AM
I've come across such services and projects that somehow are able to encrypt your private key and store it securely, then to decrypt it someone needs to provide official documents that you have passed away. I mean this of course may turn out to be a scam, but if there is a real technology behind it, and you can check out for yourself that this company has no way to decrypt and get to know your keys, this may be a valid option.
hero member
Activity: 2156
Merit: 891
Leading Crypto Sports Betting and Casino Platform
October 08, 2017, 03:19:35 AM
I am wondering what provisions have you all made in case you die before cashing out your bitcoins? I am single, live alone and both my parents are deceased. My siblings dont care about any of this, however I would like my nieces and nephews to get some of my profits but they are still very young right now. I dont trust lawyers to give them my private keys. I am wondering, what can I do?

You have a lonely life sir, I hope you also have friends that can rely and talk to. If you don't really trust lawyers just leave a letter in your safe box for your nephews and nieces where they can find it easily. As right now they're very young and they can't understand what these whole thing about. Well your nieces and nephews are very lucky to have you as uncle.
hero member
Activity: 3010
Merit: 629
October 08, 2017, 03:12:41 AM
I dont have to worry about this because i have a partner and she knows everything about me including my private keys the same with her too. but i dont want to think ahead, thinking too much can lead to sadness especially in your case living alone. why dont you find someone that can be your companion for the rest of your life have kids and live happy.
full member
Activity: 224
Merit: 100
October 08, 2017, 03:01:05 AM
I am wondering what provisions have you all made in case you die before cashing out your bitcoins? I am single, live alone and both my parents are deceased. My siblings dont care about any of this, however I would like my nieces and nephews to get some of my profits but they are still very young right now. I dont trust lawyers to give them my private keys. I am wondering, what can I do?
I would have asked why you would be thinking of death when you are apparently just starting your life, then it dawned on me that death is inevitable. I still wanna live very long so death is the last thing on my mind right now and I know God's gat my back but if I am to do what you wanna do, I would just write a will with my lawyer then open a safe with a good bank to keep all my wallet details which are to be disclosed to my lawyer in the presence of my named nephews and nieces and all beneficiaries only when I am deceased. In that way, you should be able to share your profit with no kwams.

in the event of my death, i make sure my bitcoin account is already accesible by my husband. because at present i can see how blessed i am as a bitcoiner. we never know when will be the end of our existence but bitcoin is infinite although inflation is constant and i believe rate of it gets higher and higher that is why i should not let go of being active in using this bitcoin. it helped me a lot and so as to my family and i trust them specially my husband. they should continue what i started because i know we ll have better future through it.
member
Activity: 91
Merit: 10
October 08, 2017, 02:45:34 AM
I am wondering what provisions have you all made in case you die before cashing out your bitcoins? I am single, live alone and both my parents are deceased. My siblings dont care about any of this, however I would like my nieces and nephews to get some of my profits but they are still very young right now. I dont trust lawyers to give them my private keys. I am wondering, what can I do?

put everything you've got on a flash drive and leave it in a banks vault? Then leave in the will the password or whatever to the one you think he'd use it the most. That's what I'd do or maybe send keys to some charity and write somewhere on how to use it.

That sounds like a pretty clever remedy.
full member
Activity: 364
Merit: 107
October 08, 2017, 02:24:34 AM
I am wondering what provisions have you all made in case you die before cashing out your bitcoins? I am single, live alone and both my parents are deceased. My siblings dont care about any of this, however I would like my nieces and nephews to get some of my profits but they are still very young right now. I dont trust lawyers to give them my private keys. I am wondering, what can I do?

In case of death although you mentioned that your sibling doest not care about cryptocurrency just inform them. For sure if you mention how much your bitcoins and other coins are worth you will get their attention. You may also go to a bank and leave a hardware wallet and just inform them about it in case you die.
sr. member
Activity: 280
Merit: 250
October 08, 2017, 01:38:02 AM
I am wondering what provisions have you all made in case you die before cashing out your bitcoins? I am single, live alone and both my parents are deceased. My siblings dont care about any of this, however I would like my nieces and nephews to get some of my profits but they are still very young right now. I dont trust lawyers to give them my private keys. I am wondering, what can I do?
Your heart is too noble, may the god Almighty always protect you. Amen
copper member
Activity: 1050
Merit: 294
October 08, 2017, 12:59:09 AM
I am wondering what provisions have you all made in case you die before cashing out your bitcoins? I am single, live alone and both my parents are deceased. My siblings dont care about any of this, however I would like my nieces and nephews to get some of my profits but they are still very young right now. I dont trust lawyers to give them my private keys. I am wondering, what can I do?
Just put your private keys in a secret locker (either in bank or home) and allow your nieces and nephews to access them after your death, but before everything teach them about bitcoin so that they understand it properly. BTW to get married and give access to your own children's will be the most wise decision.
legendary
Activity: 966
Merit: 1042
October 07, 2017, 11:15:50 PM
I have a plan in place. It's not elaborate and very well thought out but people close to me will have access to my bitcoins and anyone else would not even know how to find them. That's the way it should be.
sr. member
Activity: 308
Merit: 250
October 07, 2017, 11:07:47 PM
I am wondering what provisions have you all made in case you die before cashing out your bitcoins? I am single, live alone and both my parents are deceased. My siblings dont care about any of this, however I would like my nieces and nephews to get some of my profits but they are still very young right now. I dont trust lawyers to give them my private keys. I am wondering, what can I do?
Life and death of a person is in the hands of god, my advice you better introduce about bitcoin to your nephew.
full member
Activity: 532
Merit: 100
October 07, 2017, 09:13:12 PM
My wife knows what are the important detail of my wallet. So in case the time of my death come. She will know what to do with my wallet.
full member
Activity: 406
Merit: 156
October 07, 2017, 08:57:37 PM
I am wondering what provisions have you all made in case you die before cashing out your bitcoins? I am single, live alone and both my parents are deceased. My siblings dont care about any of this, however I would like my nieces and nephews to get some of my profits but they are still very young right now. I dont trust lawyers to give them my private keys. I am wondering, what can I do?
I already have written a will , even if i'm still young in age and didn't really thought of what will happen if i die or something bad happens to me . I've written all important stuff on it , where's my money accounts and if i got things to clear out . I have some good folks , some friends i love so much and i'm pretty sure that they care a lot and will do good by me even if i'm not here anymore . I'd love if my money goes to an orphanage that's not too far from where i live and where i went regularly to help out .
hero member
Activity: 1344
Merit: 565
October 07, 2017, 02:08:01 PM
I am wondering what provisions have you all made in case you die before cashing out your bitcoins? I am single, live alone and both my parents are deceased. My siblings dont care about any of this, however I would like my nieces and nephews to get some of my profits but they are still very young right now. I dont trust lawyers to give them my private keys. I am wondering, what can I do?
Your thinking's are like old aged and even they do have some hope on their life time. Change your way of thinking. Try to think in positive way that you live for long with your dependents and let them know the value of you savings in bitcoin and utilize them in right way. At last you should believe in someone like friends are anyone to share your personal thoughts.
hero member
Activity: 1330
Merit: 569
October 07, 2017, 12:42:01 PM
Death is one sure thing that would come but preparing for it is another key thing that one must also do because it can happen anytime whatsoever when there are over 1001 ways to die. For me, I have a diary where I wrote the whole of the passwords and pins. My sibling is already into crypto currency, all that is needed is just for him to get this details and set the ball rolling without too much difficulty whatsoever and I guess that's what everybody should put in plan right from today if you haven't.
sr. member
Activity: 644
Merit: 261
October 07, 2017, 12:31:02 PM
I am wondering what provisions have you all made in case you die before cashing out your bitcoins? I am single, live alone and both my parents are deceased. My siblings dont care about any of this, however I would like my nieces and nephews to get some of my profits but they are still very young right now. I dont trust lawyers to give them my private keys. I am wondering, what can I do?

You have to let your siblings know the importance of it. Maybe they don't care about it because they don't understand but if you explain to them properly then maybe they can be convince to learn it because all your coins then would be gone if no one would be able to access it after your death. I have known some who have several copies of private key that he give to his trusted friend, other to his lawyer and the other copy to his siblings. You can have a legal agreement about it so that you can protect your funds since we all have no idea of what the future will be.
full member
Activity: 364
Merit: 100
October 07, 2017, 12:09:39 PM
it seems your life is so sad that you are single, live alone, your parents die and even your brother does not care about it but you want your niece to get some of your profit. mmmm should you give it all because you're dead why some, if you do not trust a lawyer to go to your close friend or someone you strongly trust to keep your private key and give to your nephew sometime.
sr. member
Activity: 336
Merit: 250
October 07, 2017, 10:06:19 AM
I am wondering what provisions have you all made in case you die before cashing out your bitcoins? I am single, live alone and both my parents are deceased. My siblings dont care about any of this, however I would like my nieces and nephews to get some of my profits but they are still very young right now. I dont trust lawyers to give them my private keys. I am wondering, what can I do?
Well you should always have someone completely aware of all the details about your activities whether they are legal or not , whether they're involved with money , work , people or anything your life consists of . So in case of something happening to you that trusted person will take care of things after you . That person doesn't necessarily have to be your sibling or your wife , it can be your best friend or your coworker or anybody that you trust enough to tell all your life private details and you can give him the password of your phone or Pc so he'll be able to access everything if something happens to you and you won't be able to handle your own matters (death/jail/sickness/gone missing .. ) , that person will be able to pay your bills/take care of your funds/your family/ and your house .
full member
Activity: 266
Merit: 100
Platform for Investing in Cryptocurrency and ICOs
October 07, 2017, 06:26:05 AM
I think you should have one person you trust the most to hold the key of your account for if you die he/she will manage everything.
full member
Activity: 448
Merit: 103
September 15, 2017, 10:04:19 AM
I am wondering what provisions have you all made in case you die before cashing out your bitcoins? I am single, live alone and both my parents are deceased. My siblings dont care about any of this, however I would like my nieces and nephews to get some of my profits but they are still very young right now. I dont trust lawyers to give them my private keys. I am wondering, what can I do?
In event of my death wherever and whenever it would be as long as it is according to the Lord Jesus Christ who created me I would rather accept it and I will surely appreciate those people whom I enjoyed my life with.
In case my time will come i want to be ready because it is written in the bible that for me to live is Christ and to die is gain. Everyone should be ready because we are all go with that situation.
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