Binance's will function after death... Perfect for bitcoin

[Die_empty]

There are ways to set up automatic emails after a certain period of inactivity. In that email, you can include fragments of words that, combined with other elements, form the actual seed. From there, it’s up to each person to do what they think is best.

I really do not know how you plan to do this, but if you must setup cues for your heirs to be able to inherit your funds should anything happen to you, then i believe it has to be done offline and in a more secure way than using an email address or any online service, which of course includes binance.

There are a lot of topics in this forum that has covered this subject, i believe anyone looking for an inheritance plan should simply search for it and select what works for them.

Setting up complicated clues for your family members to access your coins might make them lose them. They might end up seeking help if they don't understand the process. This might make them expose the seed phrase to the wrong set of people, which could lead to the theft of the assets.  I know people prefer this option because of trust issues. I prefer to enlighten my next of kin about how to recover Bitcoin and keep the process as simple as possible.

But keeping my assets with a third party for my dependents is never an option. The stressful bureaucratic process people go through to claim deceased family funds from banks is discouraging. Sometimes they lose the funds or they are shortchanged.

[Shishir99]

Well, I think my wife would be able to access most of my Exchange account because she knows my mobile device password. In most exchange apps, she needs to know my mobile PIN code to log in and even make withdrawals. Fortunately, I do not hold much on the exchange. I am holding some Bitcoin on a cold wallet, and the seed phrases are in my wife's hands.

So, I don't need such a feature from exchanges. I don't store my crypto there. I believe no one should hold a lot of money on exchanges. We have seen several cases where Exchanges ask for proof of source of funds, which sometimes we cannot provide. If we cannot do it, our family members won't be able to do that as well.

[arwin100]

Well, I think my wife would be able to access most of my Exchange account because she knows my mobile device password. In most exchange apps, she needs to know my mobile PIN code to log in and even make withdrawals. Fortunately, I do not hold much on the exchange. I am holding some Bitcoin on a cold wallet, and the seed phrases are in my wife's hands.

So, I don't need such a feature from exchanges. I don't store my crypto there. I believe no one should hold a lot of money on exchanges. We have seen several cases where Exchanges ask for proof of source of funds, which sometimes we cannot provide. If we cannot do it, our family members won't be able to do that as well.

Exactly because people should not make those exchange as their wallet since even if they would function after death we don't know if they are still safe especially if they experience more bigger breach which especially if they lost billions from potential hackings.

Much better if we safekeep our funds to our own wallets and just let our love ones knows that we have funds left there since for sure that everything is safe and we can make sure that they can take the money out especially if there's something bad happen to us.