I have come to stay in this community and thought of one thing which has been bothering me.
Relating from our traditional banks where a bank customer dies and all his assets remains unclaimed by his relatives. I was once told that there was a bank manager who withdrew funds from there customer dormant accounts hopefully that the owners are dead as those account has been dormant for years without any form of activity on the account, it happens when no relative knows about the account for them to lay claims.
Similarly to bitcoin what happens in the event of my dismissal since no relative knows about my investment. It doesn't really make sense if my family can't enjoy my wealth. Will it be lost or is it good to entrust someone incase I'm no longer there?
If nobody knows your wallet password and private keys, the Bitcoins in your wallet will stay there forever(unless someone hacks the wallet, which is highly unlikely to happen). I don't recommend sharing your wallet info with your relatives. They might reveal this information to somebody, who has bad intentions. Perhaps the best option would be to sell a part of those BTC for fiat money and buy life insurance for yourself.
The bank manager story seems weird to me. A bank manager cannot have access to the bank accounts of anyone. I hope that the relatives and heirs of those dead account owners will sue the bank manager for a hefty amount of money.