Then why are you also so sure that they will not distribute the assets to those who deserve them because there are also some wives who can hold the mandate to distribute the assets to those who deserve them. I know that maybe many people doubt their wives' loyalty after we leave, but I believe in them and will share them equally with our children.

After we die, children also need to be thought about because they also have to get the results of the assets we leave behind. But if in the end the mandate is not delivered properly, maybe that is a risk that we don't need to think about. Tell the children that we leave bitcoin assets to them and their mothers who have access to enter and can distribute them equally.

Very Good question you have asked, I have thought about this and also have discussed it sometimes ago in this forum but couldn't find the exact thread but in my own point of view, the Best way to let your loved ones or heirs know about your assets or the seed to you asset while you are still alive, is to separate your asset. What I mean is that if you have an asset worth $100m you may send $1m to wallet 1 and reveal to them the seed phrase then keep the remaining $99m in another wallet with a seed phrase wrapped and keep safe in the bank sothat if a sudden incident happened or if you are no more it may be part of your will and bank manager will give them the document to which the seed phrase is.

I have always been on the side of telling a family member about my seeds but I never really thought about "betrayal and divorce" because humans are bound to betray each other and divorce happens. It is advisable to keep our seeds private for security purposes And I don't prefer keeping it a secret from everyone because what if something bad happens to me in future, my assets will be gone and my family will be left with nothing, and all the privacy, secrets and security will be for nothing too. The only way out to at least give them a (clue), money is the root of all evil so I would tell them about the money involved, I will just give them a clue so they would know that I have something somewhere, I would probably lie to them that it's not of any great value.

It is not a good idea to give your wallet's Phases to someone who can cheat you at any time. No matter how close your friends are, you should not share these things with them. You should not share it with your girlfriend or wife because your girlfriend or partner can divorce or end the relationship at any time. You need to share it with someone who will not cheat you even in times of great danger. It can be someone close to you by blood. It can be shared with your parents or your own children.

Excusez mon français but Trust is just another word for "Please, F me in the A".

 

 

Even so, you have to trust at least one person, or do as Saylor and others want to do and lose your BTC to increase its value to the community. Even if my sons don't understand anything at the moment and don't particularly want to learn, I trust them.

Between security and confidentiality, it's not that simple. For Fiats, it's simple because a notary takes care of everything and just has the heirs sign the papers. Well, not always “simple”: sometimes inheritances last for years...

When we have children, it will be a responsibility that needs to be prepared and almost many parents will prepare a much better life step for them. The method used can be adjusted as you said so that people we trust know the steps to enter access to the bitcoins we have. With the abundance of information available about bitcoin, I am sure it will make it easier for them so that it will not be so difficult to deliver.

The most important thing is that we can ensure that the assets can be utilized well by them when we die so that what we leave behind is not in vain. It is important as a step to continue the journey of life for them so it is the responsibility of parents to ensure it right.

You have to know whom you trust and have your reasons for that, it you can't get anyone anyone you trusted on this regard, then hold your bitcoin to yourself and inherit it to your children as they are growing and shows interest on bitcoin, because I've seen some people that can't trust any of their family members, not even wife, same applies to those having friends, they can't be trusted and at the same time you may find out that some people are trusting their friends than their family members, if you couldn't find trust in your wife then result to children and that's all, because this life can be surprising atimes, those you trusted can fail you in some situations.

Truth be told, you can't really trust anyone at all, even if they are your family or your closest friend, you can never really know what goes inside their minds, probably that's the only time that you can trust someone, is if you can read their minds but trust is a big deal but in my opinion, if you absolutely need to give it to someone in case something happens to you and you don't really want your savings of bitcoin go to waste, always stick with family, you can't really leave behind your legacy with your friend no matter how close you are to them, probably the only time that the latter would matter is if you've got a toxic and vile family relations that has gave you nothing but trauma, that's the only time that I think closest friends would matter when leaving something valuable is being talked about.

If you are still undecided, probably for the best if you go with a lawyer and have them keep your seed phrase and write it in your will whomever will receive them, you can always rewrite it if you feel like the current heirs would be unworthy. And on that note, also worth noting that out of all the options, lawyers are probably the one person that can trust when it comes to your seed phrase as they're binded by client confidentiality and I don't think any self-respecting lawyer will jeopardize their career that they've created for themselves from scratch just to steal your seed phrase for themselves.

if you cant give your friend the password of your bank that contains a huge amount of money that is so valuable to you , then need to give your seedphrase to other people. the reason while some other person dont need to have access to your seedphrase is for security purpose. your seedphrase is your personal property which you dont need to expose to others, even if you have someone that you can trust so much, the question you need to ask yourself is if the person that you trust so much, if your seedphrase is being revealed the person they can be able to protect it and make it safe but it will difficult and risky to think your seedphrase will be safe in someones hand.