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simple-inheritance-plan.md

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Simple Inheritance Plan

Instructions

Setup

  1. Create a Cryptocurrency Inventory. Create multiple copies.
  2. Create a Holographic Will. Create multiple copies.
  3. (Optional) Create a digital copy of your Will in a Digital Data Record. Sign the digital copy with all master keys used for your primary wallets. Keep all signatures (in digital form, or printed out on paper in text form). Also make sure you write in your Will that it will be signed with the master keys from your primary wallets, and specify which items in the cryptocurrency inventory contain which master key (but of course don't write down your master key).
  4. Put one copy of each of the above items in each of your storage locations.

Update

  1. Create a new Will and Testament as described in steps 2 and (optionally) 3 of the Setup instructions.
  2. Go to each storage location and replace the copy of the Will and follow the update instructions in Cryptocurrency Inventory.

See also

Rationale

  • Signing a digital copy of your will with digital signatures is clear proof that the owner of the keys used to sign the will validated that the will is acceptable to them. Basically it is one more way to make it easy for your executor to prove that the will is valid and the owner of the cryptocurrency (presumably the writer of the will) wished that the currency be distributed as laid out in the will. Its a much more precise proof than even a handwritten signature.

Disclaimer

All information in this repository is for general informational purposes only and does not constitute legal advice, establish any attorney-client relationship, or create any responsibility on the writers of this repository whatsoever.