what will happen if someone die who own bitcoin? is their any rules for beneficiary or anything that can help?
Most of the online web based wallets only need password and identifier/email to access bitcoin stored there and same goes for exchanges.
Sometime if you want to withdraw huge amount of money from the exchange, than additional verification document might be asked which can be scanned by family member and sent to them.
Haven't seen any terms regarding this in exchanges TOS though..