Quote from: Amphenomenon on Today at 08:49:25 AM

Quote from: Quantum_Resolve7987V on Today at 07:33:00 AM

Ideally, it would preserve maximum security, so your keys aren’t exposed unnecessarily, but the funds are accessible to your trusted people.

This can only be done through Centralized exchanges/wallets because using non-custodial wallet the one point one can access your bitcoin is through your seed phrase/private key without it nothing can be done since you said multi sig is not a consideration here.
This definitely shows your ideal doesn't preserve maximum security.

No idea why you wrote something completely wrong. People can use Shamir's Secret Sharing to accomplish this and other ways. It is quite easy and preserves security, no CEX is needed. https://www.ledger.com/academy/topics/security/shamirs-secret-sharing

Quote from: Quantum_Resolve7987V on Today at 07:33:00 AM

There’s a wait period (a few days?)—during that time, you could approve or deny. If you do nothing, access is automatically granted.

Don't do this part on chain, so many things can go wrong and there are many limitations. You can do this with some key shards stored in bank vaults or other vault operators. This has a collusion by family and safe operator attack possibility, but that is a very unlikely scenario. No reputable company would risk destroying itself to steal from a single average person such as you.

Quote from: Z-tight on Today at 04:49:52 PM

If you truly have 'trusted' people that you will pick for something like this, then just use a recommended wallet and give your seed phrase backup to the said people, problem solved.

This is terrible advice and can be devastating. In cases where access to a seed or private key is shared, there is no way to prove who stole coins. This means that it could be you trying to frame your trusted people, it could be them, or it could be a third party that somehow gained the seed from you or them. You could lose valuable people just because someone managed to somehow secretly steal the seed from you. Horrible.