Post
Topic
Board Economics
Re: In event of your death
by
streazight
on 09/10/2017, 17:15:49 UTC
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.
Better advice it is, I must say. There are so many people who have bitcoins now and they are dying just keeping their bitcoins along them. They never shared any password or any private key to anyone and then ultimately those bitcoins are just wasted. Like you said, there must be someone to whom you can share your keys or hardware wallet so they your retainers can utilize in hard times.