Bitcoin After Death - The Will...

[sebdude420]

What happens if i amass a fortune in bitcoins and i die. Who will guarantee my fortune is divided among those in my Will?

Who would you trust with your private keys?

[franky1]

What happens if i amass a fortune in bitcoins and i die. Who will guarantee my fortune is divided among those in my Will?

Who would you trust with your private keys?

obviously multisig it. where each inheritor only has 1 key.. that you give them today and the executor of the Will has a key also.
where only at the execution of the will, would all participants collectively combine the keys to send the funds out

[Patatas]

That depends on who you have shared the private keys with.If you have cold storage's which are untouched and only you have access to them,then nothing could be done.They will be untouched.Hopefully in near future ,some one will come up with bitcoin Life Insurance polices.

[OmegaStarScream]

Do you really don't trust anyone ? In that case why would you care for who the money goes ?
I'd personally give them to any of my family members and I would trust them (It doesn't matter how much the amount is) without the need of making multi signature wallet or anything .

[1Referee]

I will never trust any one with my private keys, even not with multisig. My coins will remain unused in their wallets for ever if something happens with me. That's how I think about it right now. It might change when I become a father, then I will try to find a way to make sure at some point in the future my kids can access the coins.

[helloeverybody]

For any paper wallet i own, and assuming the price was to go through the roof and they were actually worth anything then my significant other would just have to work out for herself how to get them off of their. If they actually did go up to a decent price im pretty sure she would work up the motivation to figure out how to get those bad boys off of their and into her account in no time.

[Amph]

you should trust your family, before anyone else in this case, otherwise it is pointless to even think about it

or simply do a fovor to everybody else and leave them there so all the other coins will have a better value

[franky1]

you should trust your family, before anyone else in this case, otherwise it is pointless to even think about it

or simply do a fovor to everybody else and leave them there so all the other coins will have a better value

yep, if you dont trust your family then they dont deserve the inheritance.. you might aswell give one key to a charity and pt the other key into a will and the funds move only when the will is read out as thats the only time to two parties come together

[sebdude420]

What happens if i amass a fortune in bitcoins and i die. Who will guarantee my fortune is divided among those in my Will?

Who would you trust with your private keys?

obviously multisig it. where each inheritor only has 1 key.. that you give them today and the executor of the Will has a key also.
where only at the execution of the will, would all participants collectively combine the keys to send the funds out

what if they lose it, or die also.

[virasog]

What happens if i amass a fortune in bitcoins and i die. Who will guarantee my fortune is divided among those in my Will?

Who would you trust with your private keys?

obviously multisig it. where each inheritor only has 1 key.. that you give them today and the executor of the Will has a key also.
where only at the execution of the will, would all participants collectively combine the keys to send the funds out

what if they lose it, or die also.

Using mutisignature might solve this problem. 5 keys are given to the 5 inheritors, but only 3 keys are need to unlock.

[btcprospecter]

I feel this all depends on who is going to inherit if it was family I would probably try to set something up with them before something happened however we never know what is round the corner I feel most of us need to have a plan for the future of our bitcoin but as said who do you trust your keys to

[lottery248]

surely is, however people who are evilness could spend the coins from the legacy. (that's why you are not recommended to use multisig share your wallet to others you don't trust as an insurance if you are dead)
we are never knowing what would happen after we are dead, go without any worries.
you should either donate your coins to needy's or trust your family.

[pinoycash]

For me, i will write it on a piece of paper with all the instructions on how to recover the coins and then put it on a safety deposit box. and only my inheritor will have the access in case i accidentally tip on the rock and  hit my head

[n2004al]

What happens if i amass a fortune in bitcoins and i die. Who will guarantee my fortune is divided among those in my Will?

Who would you trust with your private keys?

It is like all the other wealth which are executed by a notary, trust person or legal person. The probabilities to be stolen are exactly the same. So better to find a girlfriend and leave all the data to her. Or if not possible or desirable this way, to find ten notary and leave all the keys to all of them. Then announce this your decision publicly as well as even all the amount of your bitcoins. Or if not to declare publicly all the amount find other ten notary and put only the amount in a security box in a bank and give the keys of this safety box to all of them. Order the bank to not open this security box if were not all the ten together in the day of the opening (excluding the case of the death of someone of them). So, in others words, complicate at maximum the procedure that needed to steal your coins and the probabilities to not be stolen will be reduced at minimum.

[Labumi]

I think, this issue depends on your own. If you want to issue this difficult then later settlement was also very difficult and so otherwise.

If you want this problem easily, I have a solution that is:

provide a key to the heir of the Bitcoin can really hold the belief and honestly, after that you addressed to the person to give the keys to the family or the heir of the Bitcoin.

Then all the problems will be over. or you give a petition to your family and you addressed to all families "that the petition should only be opened when you die '

[Alaki]

Do you really don't trust anyone ? In that case why would you care for who the money goes ?
I'd personally give them to any of my family members and I would trust them (It doesn't matter how much the amount is) without the need of making multi signature wallet or anything .

I would like do the same but if your family members aren't familiar with bitcoin then..?

[richardsNY]

MultiSig. That's simply the best option to give several persons a unique part of the key as franky1 suggested. I wouldn't trust 1 person to hold my private key, but I can see myself giving a few people to hold a part of them. Without all parts there is no way you can unlock the funds.

[aso118]

If you think one person deserves all your bitcoins, that makes things easy. 
Give them access to your private key (if you trust them when you are alive as well)

[Mr.grin]

I did not submit my password to anyone, I just keep it for personal, I always exchange bitcoin me every month or if the price was suitable in my mind, I was just using bitcoin as a tool to supplement my income and I only save money on local banks, but if you need the confidence of people choose someone in your family 

[eternalgloom]

That's something I've been thinking about too.
I think I would just make a document with all my accounts and passwords on and list all of my assets on there, including bitcoins and altcoins.
Everything would be handwritten and kept somewhere only my family and partner know.