Don't Let Your Bitcoin Die With You

[AmaGold70]

Am quite sure that many bitcoin investors have lost their coins this way. Just like we choose next of kin who inherits our properties when we are no longer their, this same method should be used when it comes to bitcoin investing. Among your children or even your spouse, they should be properly educated on how to recover your investment when the need arises.
We quite understand it is necessary to keep our security information secret, but for the case of easy Bitcoin account recovery, your family should be made known how to go about it when you are not there.
Personally, I have lost access to my trust wallet account before as a result of misplacement of security information but the lucky thing was that, their was no significant amount of fund in that wallet. So these are some of the reasons we need to have trust on someone to share your security information with, should in case anything happens.

[Sowat]

Am quite sure that many bitcoin investors have lost their coins this way. Just like we choose next of kin who inherits our properties when we are no longer their, this same method should be used when it comes to bitcoin investing. Among your children or even your spouse, they should be properly educated on how to recover your investment when the need arises.
We quite understand it is necessary to keep our security information secret, but for the case of easy Bitcoin account recovery, your family should be made known how to go about it when you are not there.
Personally, I have lost access to my trust wallet account before as a result of misplacement of security information but the lucky thing was that, their was no significant amount of fund in that wallet. So these are some of the reasons we need to have trust on someone to share your security information with, should in case anything happens.

Loss of the wallet is as difficult as loss of the Bitcoins within the wallet. Inheritance of the Bitcoins is a critical consideration when handling your Bitcoin. I would not just give out my seed phrase to any member of my family. What I would do is make sure that I have someone who knows how to get my Bitcoins back using inheritance and securing the seed phrase.

[Tungbulu]

A relative is better,  there has to be someone in your family you trust the most, a lawyer can only come in when you don't have any one in your family you trust. Anyways I have my next of kin and I will also be willing him my informations, even though you don't have anyone to trust you your children can be there to take over, after all all your properties goes to them after your gone regardless of you trusting them or not so giving to your children is also another good option.

Willing your informations and holdings to your child or next of kin would still require you filling your lawyer in, because if you end up giving it to your child at that early age, you could end up endangering the safety of your asset because they’ll definitely be tempted to take a bite from the cake even though you’ve not officially willed them the assets.

[Lembo69]

Yes, in this case, we should definitely inform someone in the family about our investment, it can be our wife or children or parents. It is good to keep them informed about this, but if you are not confident, you can write it down in detail on a piece of paper and keep it in a place and tell someone in the family about it. But before that, what you have to do is explain to them at least a little about Bitcoin. It is better to discuss how it works, how to save it, how to save it. OP, you must have thought a lot and made such a post, and according to your post, I want to say that we should really inform our children or our very close relatives about our investment. Just like when you save money in the bank, you have to give someone a name, you can tell some things to your relatives if you want.

Then there will be no fear of losing your money. However, it is better not to tell your wallet and seed phrase in advance. I think it would be better to write down the wallet password and seedphrase somewhere and just let them know that it is stored somewhere, and if something happens to me, you can save it. This way, it is actually possible to keep it that way.

[AYOBA]

Most of us buying Bitcoin, doing DCA, using a hardware wallet, or storing our seed phrase safely. But I wanted to ask you a question,

If something happens to me today, will my family be able to recover my Bitcoin?

If the answer is No, then your Bitcoin may be lost forever.

One thing is that some people are very greedy about the money and that’s why you can see some don’t have much of money in banks without next of kin, the same thing happen with those that buying Bitcoin I can say that out of the 100% of people that buying Bitcoin is only few allow their family members know their seed phrase. This is the reason why once some people has gone, there family members find it difficult to recovery their Bitcoin.

Because there’s no way someone can able to recover another person Bitcoin, accept he has his wallet full details if not it can be possibly.

[Youngrebel]

Life is unpredictable this is the more reasons why you need to plan ahead not because you are expecting to die or anything negative but anything can happen. Not revealing your seed phrase to anyone could actually be a form if securing it but at the same time it's not really a good idea because when something happens your entire Bitcoin you have saved up would end up being a waste. Being overly secure with your Bitcoin also has it's disadvantages and this is one of them.

[Bitcoin.com97]

Too much secrecy is bad ,I know the seedpharse is meant for only one person,but I still think and believe that one person should be aware,be it your spouse or one of your kids even one of your siblings to be on a safer side,with the way the life is going now ,I do not see reason to hide everything,even in banks some persons hide everything and don't want anybody to know anything about them which is very wrong , tomorrow is never promised, unless you want your investment to die with you,if not let one person know about your investment.

[Son Of Blockchain (SOB)]

A relative is better,  there has to be someone in your family you trust the most, a lawyer can only come in when you don't have any one in your family you trust. Anyways I have my next of kin and I will also be willing him my informations, even though you don't have anyone to trust you your children can be there to take over, after all all your properties goes to them after your gone regardless of you trusting them or not so giving to your children is also another good option.

Willing your informations and holdings to your child or next of kin would still require you filling your lawyer in, because if you end up giving it to your child at that early age, you could end up endangering the safety of your asset because they’ll definitely be tempted to take a bite from the cake even though you’ve not officially willed them the assets.

It depends on how you train you child and I believe that when you're still alive the child won't want to tamper with it, knowing the consequences of his actions. Infact a child who understand the importance of holding at an early age won't even think of foolishly spending at investment that took his father years to hodl.
 Concerning filling a lawyer, I'll never support that for a digital asset, cause that's still leaving my keys with a third party, lawyers are humans afterall and could tamper with my asset, I'll rather go with the option of storing it in a safe and access of the safe given to my next of kin.