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Create a Paper Data Record.
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Write the following at the top:
Cryptocurrency Inventory This list keeps track of the locations where my cryptocurrency is stored. This inventory is up to date as of the non-crossed-out date on the right.
- Below that, create two columns:
| Currency Info | Date Updated and Signature |
|---|---|
- In the Currency Info column, list all your accounts, devices, software, and physical storage locations and which assets can be accessed on each of them. Info might look like the following:
- "Account [website] may contain a [large or small] amount of [list of types of assets]. You can log into this account by [details about how to log in]."
- "Device [device] contains a [large or small] amount of [list of types of assets] using software [software name]. You can find wallet seed backups for this wallet at [list of storage locations]."
- "My will and other important information can be found at [list of storage locations]."
- Once the inventory is listed out, write a date on the right and your signature next to it. Note that the date + signature don't need to line up with any particular item in the Currency Info column.
- Cross out any info that is no longer accurate.
- Add new info to bring the inventory up to date.
- Cross out the old date, write a new date, and sign next to it.
- It is recommended that you not include amounts, even approximate amounts, of how much currency you own, because that can easily become out of date and cause problems for your heirs.
- It's recommended you do not use custodial accounts if at all possible, and especially not for storing large amounts. Writing your
- A paper record is used (rather than digital) so that it is easily updated on the fly, and is never accessible on a computer, where a digital thief might find it and use it to compromise your storage locations.