You don’t have to ask anybody this question here. You are the one who stays with your family members, and you should be the one to know who you trust will inherit your bitcoin. Whereas you know more than the forum members, mate, you should be the one who suggests or thinks about it alone. This type of topic has been discussed many times, and I think you should search for them. You will get it right, and you’ll know what to do.

However, you know everything that has an advantage must have a disadvantage, so this issue of showing your family member your seed phrase could be very good to practice, but at the same time, there's a negative path to this, so this inheritance is underrated. They will get it one day, so I think trusting someone to share your seed phrase will be good because nobody knows his or her death, so sharing the seed phrase is good so that when you are no more, they will get access to your wealth.

Inheritance has always been a complex issue even before bitcoin, as it is often the case that people get into long legal battles to see who will end up getting the remaining assets of the one that has passed away, and in those cases a great deal of the time the ones that keep everything are the lawyers, so the inheritance of our bitcoin is without a doubt an issue, as if you trust the wrong person they could send those coins to an address only they control, but if you hide this information and never share it with anyone then those coins could be lost forever if you were to suddenly die.

Choosing to have Bitcoin as your sole property is already a mistake. You should know how to minimize the risk by diversifying your investments. The common perception is that owning an investment that's 100% Bitcoin means you are a high-risk taker. Mind you, even though Bitcoin has been successful, it's still considered a high-risk investment, so there's no assurance that the price will increase in the long run.

However, since that's the only topic you brought up, I would recommend giving the seed or access to someone in your family. But make sure to monitor it constantly as long as you are still alive because you never know; people can be tempted to steal, especially when a large amount is involved, even if it's your family.

Initially I will tell you that since your assets are Bitcoin or Cryptocurrency related, teach your family the basic knowledge about these things. I don't think there is any need to share the seed phrase, but you can store these seed phrases in your personal locker, because your personal locker may go to your family members in your absence. I think this can be a way to take over your assets to your family. Even then You can also you the Time Lock transaction for your family.

We have to make serious decisions while we are still alive such has having investments that you can rely on any time any were. And has far has am concerned if you want to go into any kind of business been it physical or bitcoin it will involve investment profit and investment loss. And if its about been scared that when you no more who will take care of your investment, or even have access to your bitcoin, its simple, you can have a lawyer and have everything legally documented and released to your family when you no more. You can inform them about your bitcoin but showing them your seed phrase might just be as exposing your asset to danger.

I concur that having bitcoin as the only investment at this time is not really advisable because it is a long-term investment. It will be better if other investments are also taken into account. Even if the price of bitcoin is not going up, you won't care because there are still other businesses to concentrate on. Every business is risky but i will advise to also try out businesses to.

I advised him to tell his family about his bitcoin investment because it is okay to do so given that they are related and because you can never know what will happen in the future. However, once they are told, they will be able to take the appropriate action.

For me, I live and work for my family, not just for myself, so I always trust them and don't hide anything from them. I share important things with my mother and wife and I believe they will preserve it better than me. I think family is more important than money and bitcoins, if I lose them, I will never get them back. But money or bitcoins, they are just assets that we can easily earn back at any time as long as we work hard, it cannot be compared with the sacred love between husband and wife, mother and child.

How many bitcoins do you have that you can't trust your loved ones with?

I don't know your age but it's never too early to write a Will if you are blessed with fortunes, and Bitcoin is part of it. First, it's not wise to have only Bitcoin as your asset, you have to diversify and be wise, anything can happen. What if your wallets are hacked or an unforeseen circumstance happens?

To the main questions, a lot must have lost their assets through this but the answer is so simple. You should have a Will that includes the information in it and let your family members know where to get the concluding part.

But the question is who is more trustworthy than our loved ones? If you don't trust your loved ones then no one will be more trustworthy than them. I don't think there is any friend we trust enough to entrust with something as important as a seed phrase.
I think the best way is to teach your loved ones about bitcoin and share the seed phrase with the people closest to you, maybe your wife but if you don't have a wife yet maybe your parents. They are the people who gave birth to you and without them you would not be where you are today, it can be said that they are our most trustworthy people.

Yes, it’s very good. Even if you give them your seed phrase for some purpose and how life is going, nobody knows his day. They need to understand how to get access to bitcoin, and they should also know how to store it safely so that even if you’re no more, they will be able to get access to it.

However, giving them the seed phrase is not the issue now, but how trustworthy will this person be for you that you will get the mind to allow him to get access to your wealth? Because human beings are dynamic, they can change at any given time, and not only friends but even family members we think can’t do anything harmful to us sometimes change, so while handing over the seed phrase, they should also know how to get access to it, and you, the owner, should be checking from time to time.