this subject has been discussed so many times before and you can do a little search to find what people have  said so far and if you have anything then please try adding it to those discussions instead of restarting the whole thing here again.

We sure have a lot of topics involving ways for people to inherit their property and their digital currency as well It is good to know what other people might think on a way on how they can handle this thing and giving their trust in a third person to handle their Cryptocurrency, A safety deposit box was the thing I am thinking about and inside was my account and password on it.

I really think OP doesn't want to bother searching the forum and just want to make a good topic, But we should use the search bar more often there are lots of circulating topic that is good to re-upload.

I always tell to my parent that I have bitcoin and in my wallet and my parent also know my password and private key so if there is an emergency that they need a money they use my wallet to convert my bitcoin into fiat. But, I think once I die I will inherit all my bitcoin to my family.

I've published a bunch of free resources to help you create your own bitcoin inheritance plan. You can find templates on medium.com/@pamelawjd or on my website empoweredlaw.com. I've also given talks about this topic at LaBitConf, Honey Badger, Hackers Congress and similar events. You can watch them for free on youtube (they're not lectures, hopefully they're kinda entertaining). If you like the style and want to do more, I also published a book last year called Cryptoasset Inheritance Planning; A Simple Guide for Owners. You can see the table of contents and read free excerpts at amazon https://www.amazon.com/gp/product/1947910116/.

Just so you know, you don't have to hire a lawyer and you don't have to trust any third party. Those are common myths, lots of people believe them but they're simply not true.

Good planning is more than just having someone find your keys. Because you won't be around to help them, and they'll be grieving and probably not too interested in your magic internet money, they might forget or worse get swindled by someone who offers to "help them". Leaving keys in a picture frame is usually a bad idea -they'll probably never find it if something happens to you - or they'll give it away to someone or send it to a charity as a donation. If you actually care about your family and friends getting your bitcoin, then you have to do something.

Of course you can always choose to do nothing, but if you do make a plan you could donate it to an open source project that you care about or directly to a developer whose work you want to support. Or an organization like the EFF that works to support free speech online.

Hope this is helpful. Good luck.

You need to have some serious discussions with the people who are going to inherit your Bitcoin fortune. Make sure they understand how Bitcoin work and how to access your private keys/Seed words for wallets/Passwords for sites and hardware wallets. I did not give the secret information to them in advance, but I explained to them how to extract it from the information that was provided to my lawyer.

Hint: A simple template that could be placed on one of your favourite books, would mean nothing to a lawyer, but it will reveal everything to my family. 

yes, maybe a topic like this has often been talked about, but let's consider it as a reminder to large asset holders who are only known to themselves, someone's death nobody knows and when it will come, it is very important that there is a family who knows the private key we have, the family is the real heir

People into the cryptocurrency network have never been into the inheritance plans. Always people need to have a perfect plan, so that the wealth can be used by the future generations. For this people can teach the kids about the wallet data, also can have a secure filing system for all wallet information which can be accessed only by the family members. Without proper planning lot of users have lost their cryptocurrency wealth which is not useful for the future generation.

Its not safe leaving a private key and password of your BTC address to someone or somewhere at home for your kids. I guess you jsut have to educate your kids about crypto and then let them know how unsafe it is to expose even just the QR code to anyone.  When it comes to money even your biological sisters/brothers aren't someone you can't trust.

The Bitcoin has to be inherited because it is an encrypted currency and It works on the encrypted blockchain technology and there are many users of that that want their credentials to be secured. That is why the inheritance is required.



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