Willing my bitcoin to my children

[Zanab247]

Investment with bitcoin is good but it have a disadvantages when death occur, bitcoin is not a property which your children can inherits like other properties that is mark able, I notice that with all the I have being investing in bitcoin if mistakenly I return to my maker without by children knowing my bitcoin wallet security password, that means that my bitcoin will remain in my wallet till eternity, this gives me a nightmare, my kids are three and I want to have different wallet of bitcoin and WILL my bitcoin to them with the password of each of the wallet

if you die without giving your children your wallet address which is part of your property for them to use to sustain themselves on earth to keep praying for you for Allah to grant you peace. BTC is a good thing will need to impact to our children so that when they grow up to experience the favourable side of BTC they will have every reason to be thanking their father or mother.

Because my investment in bitcoin I will make sure that they have know bitcoin because of the wallets I will issue to them, because if they are not willing to learn bitcoin I can't force them to learn and understand bitcoin

You don't need to force them to learn BTC at their age now, but start taking them out for flexing and remind them that you are using BTC to finance the outing so that it will make them to be serious to learn BTC so that when you are no longer alive they will keep growing in wealth.

[Rockstarguy]

Investment with bitcoin is good but it have a disadvantages when death occur, bitcoin is not a property which your children can inherits like other properties that is mark able.

Your children can inherit your bitcoin if you make good planning now you are alive by putting down necessary information that will be needed in the future in a safe that they can get it without being tampered with just as the money that is in the bank. Everything depends on your planning,  
same with the morning in the bank if you don't make good planning of inheritance and if you are no more your children won't have access to the money.  Your children can inherit anything you want them to inherit if you plan things that will make it easy to get access of it. Everything is planning and doing it in a right way.

[_BlackStar]

Some people still have the wrong mindset about bitcoin, including Onyeeze.
Bitcoin cannot be inherited without a seed or Private Key. Your child only needs to have one of the two files/ both in case you are gone for any reason.

You just have to store it safely somewhere and inherit it from now on in some of the recommended method. There are many people and companies in the real world who can be trusted when it comes to inheritance, so you may consider that suggestion for your inheritance plan for children including passing on your Private Key and Seed to them.

[South Park]

Investment with bitcoin is good but it have a disadvantages when death occur, bitcoin is not a property which your children can inherits like other properties that is mark able, I notice that with all the I have being investing in bitcoin if mistakenly I return to my maker without by children knowing my bitcoin wallet security password, that means that my bitcoin will remain in my wallet till eternity, this gives me a nightmare, my kids are three and I want to have different wallet of bitcoin and WILL my bitcoin to them with the password of each of the wallet. Because my investment in bitcoin I will make sure that they have know bitcoin because of the wallets I will issue to them, because if they are not willing to learn bitcoin I can't force them to learn and understand bitcoin, but when I'm no more the will know the important of knowing the basic of bitcoin,  but I'm not planning to die now, but we don't what tomorrow will result out in the future.

If the amount of bitcoin you have is significant enough you want to inherit it to your kids then you need to teach them about it, now I know you do not want to force them if they are interested on it and that is fine for a great deal of topics, but when it comes to something this important you really need to teach them, after all how many kids do not like the idea of eating vegetables and yet the adults insist on it because it is for their own good? I see this in the same way, so teach them how to recover your coins and get rid of those nightmares which keep you awake at night.

[milewilda]

Investment with bitcoin is good but it have a disadvantages when death occur, bitcoin is not a property which your children can inherits like other properties that is mark able, I notice that with all the I have being investing in bitcoin if mistakenly I return to my maker without by children knowing my bitcoin wallet security password, that means that my bitcoin will remain in my wallet till eternity, this gives me a nightmare, my kids are three and I want to have different wallet of bitcoin and WILL my bitcoin to them with the password of each of the wallet. Because my investment in bitcoin I will make sure that they have know bitcoin because of the wallets I will issue to them, because if they are not willing to learn bitcoin I can't force them to learn and understand bitcoin, but when I'm no more the will know the important of knowing the basic of bitcoin,  but I'm not planning to die now, but we don't what tomorrow will result out in the future.

In situation like this then i would usually be having that kind of will which it would be including that some sort of USB or falshdrive containing all of those private keys. Of course its a bit risky in putting up some safeboxes
or would be deposited something like this and on the time comes that you've died then this is the time that they would be able to access those things but of course you should really be letting them know
on whats Bitcoin or crypto is all about so that they would really be having  the idea on how to access it and make some conversions if ever they do want to have some money.
If you do trust up your child then you could also let them know about those phrases or have access but actually it is  really that hard to entrust out when we are still alive.
We dont know on when those coins would be accessed out without your permission which as long someone does know the keys of such wallet then it could really be accessed anytime.

[BIT-BENDER]

You just have to store it safely somewhere and inherit it from now on in some of the recommended method. There are many people and companies in the real world who can be trusted when it comes to inheritance, so you may consider that suggestion for your inheritance plan for children including passing on your Private Key and Seed to them.

It's hard to trust your inheritance with any person or companies that would hand over your inheritance to your kid, I think it's a very risky move to make.
Firstly there is no third party you approach a company who are into Bitcoin inheritance and give them your private key to your Bitcoin with hopes they would give it to your kid after death.

Firstly how can you trust their credibility, also what are the chances they would keep your private keys safe, to me that's a very risky move to make never trust anyone with your private key.

[flyingcarpet]

Investment with bitcoin is good but it have a disadvantages when death occur, bitcoin is not a property which your children can inherits like other properties that is mark able, I notice that with all the I have being investing in bitcoin if mistakenly I return to my maker without by children knowing my bitcoin wallet security password, that means that my bitcoin will remain in my wallet till eternity, this gives me a nightmare, my kids are three and I want to have different wallet of bitcoin and WILL my bitcoin to them with the password of each of the wallet. Because my investment in bitcoin I will make sure that they have know bitcoin because of the wallets I will issue to them, because if they are not willing to learn bitcoin I can't force them to learn and understand bitcoin, but when I'm no more the will know the important of knowing the basic of bitcoin,  but I'm not planning to die now, but we don't what tomorrow will result out in the future.

Many suggestions say that you should teach your kids about bitcoin. I also agree with this idea. Someone else who knows these keys can always be a problem, so it may be best to teach this system to your kids when the time comes. If the time has not come or it is too early, you should leave some of your investments as money in the bank.

[CryptSafe]

Investment with bitcoin is good but it have a disadvantages when death occur, bitcoin is not a property which your children can inherits like other properties that is mark able, I notice that with all the I have being investing in bitcoin if mistakenly I return to my maker without by children knowing my bitcoin wallet security password, that means that my bitcoin will remain in my wallet till eternity, this gives me a nightmare, my kids are three and I want to have different wallet of bitcoin and WILL my bitcoin to them with the password of each of the wallet. Because my investment in bitcoin I will make sure that they have know bitcoin because of the wallets I will issue to them, because if they are not willing to learn bitcoin I can't force them to learn and understand bitcoin, but when I'm no more the will know the important of knowing the basic of bitcoin,  but I'm not planning to die now, but we don't what tomorrow will result out in the future.

If the amount of bitcoin you have is significant enough you want to inherit it to your kids then you need to teach them about it, now I know you do not want to force them if they are interested on it and that is fine for a great deal of topics, but when it comes to something this important you really need to teach them, after all how many kids do not like the idea of eating vegetables and yet the adults insist on it because it is for their own good? I see this in the same way, so teach them how to recover your coins and get rid of those nightmares which keep you awake at night.

Basically, knowing some of the fundamentals of bitcoin is very necessary. So as to have idea how it works. So, you can teach your children how bitcoin is and how it works. For the Start to arouse their interest, you just give them the basic tips about bitcoin do not force it on them and watch how they pick interest in it. They would become curious to know more about it and at that point in time, you can put them  through the process of knowing more about bitcoin but should not let them know you have that as a will for them otherwise they would act smart on you if your kids are the type that she's too curious to get down to every details as they want.

I believe after they must have been knowledgeable enough about bitcoin and be able to control themselves enough if they get to know about the will then you will be able to let them know but do not tell them where it is kept.

[freedomgo]

Investment with bitcoin is good but it have a disadvantages when death occur, bitcoin is not a property which your children can inherits like other properties that is mark able, I notice that with all the I have being investing in bitcoin if mistakenly I return to my maker without by children knowing my bitcoin wallet security password, that means that my bitcoin will remain in my wallet till eternity, this gives me a nightmare, my kids are three and I want to have different wallet of bitcoin and WILL my bitcoin to them with the password of each of the wallet. Because my investment in bitcoin I will make sure that they have know bitcoin because of the wallets I will issue to them, because if they are not willing to learn bitcoin I can't force them to learn and understand bitcoin, but when I'm no more the will know the important of knowing the basic of bitcoin,  but I'm not planning to die now, but we don't what tomorrow will result out in the future.

To make all of this not complicated on the side of your children, much better if you expose them so early on this industry si that they would know what you are doing into. And they may have an idea that you have a investment on bitcoin, if there's something bad happen they would know where to locate your keys and they could use your hodl balances without any problem. This topic needs to be properly executed very well so that there's no risk for all of the parties to lose totally your money if you suddenly  die in unfortunate way.

However, wait for your kids to be mature enough before you will start teaching them about bitcoin and expose them as to what kind of investment you are into. For now, you can teach your wife first so she’ll be aware also on how to trace your investment if ever you suddenly lost your breath unfortunately. I guess that will not worry you anymore because your wife will be the one to teach your kids in the future when you are not around anymore.

[Rengga Jati]

Actually there is no problem when we want to leave or invest in our children's future. As long as we understand all the risks of the investment. Regarding investing in Bitcoin for children later, this is also actually a good idea. As long as we can really prepare for it, want to consider who will handle the investment, at what age will the children be told and taught. Because it's impossible if we don't teach our children about Bitcoin, because we don't know what will happen. But here, we also have to consider the security of our wallet, in terms of access or storage.