I have accumulated some Bitcoin and other alts. Most of my holdings are in a single wallet yet I have a few on different platforms and one left on an exchange. I have tried to explain this to my spouse yet there is not a full understanding. If I died I am confident that all of this would not be recovered.
This weeks project is to write an encrypted note detailing where are the holdings are and how to access them. Even with access, the knowledge is not there to be able to convert the holdings to fiat if necessary.
What is your situation ?
I actually thought about this in the past and I think this should be treated seriously. Decent amount of money is stored in my bitcoin wallet (both online and offline) together with some alts. My fiancee is willing to study about cryptocurrency and I'm teaching her about the basic of it. My plan is to provide her the access for those wallets just in case something bad will happen to me. Providing adequate documentation about it would be very helpful so that she will not have any problem in the future. It would be a waste if I died and my loved ones can't access it because they don't know how.