So I’d like to ask the community how you have personally prepared for the possibility of loss?
I've prepared no such plan for loss other than securing my private keys and seed phrases at multiple locations where only I can see it no one else. Let's say if somehow I end up with any problem, then I've already told some of my loved ones to check out all those locations but right now they can't access those as I don't allow them, however if anything wrong happens as we don't really know about the future then they can access those locations where I secured my seed phrases and private keys and then it's on them to either sell the Bitcoin or to hold it. I haven't accumulated that much which may make them rich overnight but of course if they hold it for 10 years then surely they might not have to work again for a few years.
Your post reminded me of a movie about a forbidden room, the entrance to which was forbidden by the owner, but was very interesting to everyone else. And didn't you think that your "I don't allow" would stop bearing its weight at some point? I may be too picky, but in my opinion, there should be trust in a family, and prohibitions are always a motivation to do everything despite them, and the expectation turns into a strong desire for the moment when the forbidden fruit will cease to be forbidden.
