This is indeed a very important question, that how do our loved ones get the benefits of our crypto wealth after our death. The main issue is that our parents or other loved ones find crypto stuff very difficult to understand and learn. But then transferring our private keys to a third party also doesn't seem to be a valid option. And then also it would require our loved ones at least some degree of crypto literacy to receive the cryptos or fiat. So the better option is to take some time out and teach them how to use cryptos, and provide them ways to withdraw the funds in case of our death.
Your main part is absolutely on the spot! It is absolutely MUST that we think about this seriously. I know this might just NOT be needed or might not be a major issue, as many of us might live long and healthy life, but can you guarantee this? Or can I guarantee it to myself? I bet no.
I don’t need to repeat how quickly things could change and that disaster day might be waiting for us and to destroy our plans. The biggest problem I find is that people really consider this as a joke or funny.
Just few days ago, I tried to discuss this with my friend and instead of talking about it, I only heard him laughing loudly. But we got to remember ONE mistake could put our family into bad situation. As per trust, I just mentioned the whitepaper above; you will know that it’s not exactly about trust here with anyone. As there is a logical system that I actually read out about, so check and tell me if I have read something incorrectly there.
