Crypto assets require special inheritance considerations. Unlike bank accounts, they’re inaccessible without keys. A hardware wallet adds complexity to estate planning.
Start by documenting wallet locations securely. Include instructions without exposing sensitive data. Lawyers can hold sealed envelopes.
Multi-signature setups help survivors access funds. Require 2-of-3 keys for inheritance transactions. Our cold wallet supports advanced configurations.
Consider time-locked transactions for emergencies. They can release funds after inactivity periods. This prevents permanent loss.
Educate heirs about basic crypto security. They should understand working with Electrum for recovery. Practice the process together.
Store seed phrases in fireproof locations. Bank deposit boxes work for some families. Avoid digital copies at all costs.
Regularly update your inheritance plan. Crypto holdings and relationships change. A safe wallet strategy evolves with your life.