Post
Topic
Board Bitcoin Discussion
Re: HOW DO WE TRANSFER BITCOIN WEALTH TO HEIRS AND THE NEXT GENERATION
by
JoyMarsha
on 28/08/2023, 08:46:26 UTC
You just said a will can be written, WILL contains everything you have, properties, money and so on, if money can be included why not Bitcoin? Anything can be WILL to your offspring.
Yeah, anything can be WILL to your offspring, but adding bitcoin demands that you have a certain degree of trust and understanding with the lawyer managing your WILL
Your bitcoin assets are under the jurisdiction of anyone who knows your bitcoin wallet's seed phrase. Anytime he wants, he may exchange it.

What I would do if I were to include bitcoin to the WILL of my offspring, is to purchase a hardware wallet, give it to the lawyer, and give my children access to the hardware wallet's password. My children should meet the lawyer whenever I am no longer alive because I will specify in the WILL how the bitcoin in the hardware wallet is to be shared
You would be making a mistake if I'm your lawyer I just steal a little of that BTC wealth of yours . For me lawyers ia a no no ill just pass my private diary of to him or I'll just whisper my private key to him with in my dying  breath  Grin
How will it be possible for the lawyer you hand over your hardware wallet without the password still little of your bitcoin assets, when it is stated in the WILL the amount of the bitcoin that will be in the hardware wallet given to him? If peradventure he succeeds in doing that(not that is possible), he has destroyed his career and he will persecuted for that.

You are just been funny thinking of passing your private key to a lawyer. Who does that sh*t? You better come off that sh*t in your head that lawyers can still your bitcoin without the password. That can't happen.


Let it be known to you that a hardware wallet is not something that one can hack into without having the correct password.