QUOTE(danielmckey @ Dec 28 2024, 11:44 AM)
I wanted to answer this. I trust my family and it is OK even they know my passwords right now for everything.Will you write down all your info & instruction, for the ease after gg?
Will you write down all your info & instruction, for the ease after gg?
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Dec 28 2024, 11:47 AM
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All Stars
15,192 posts Joined: Oct 2004 |
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Dec 28 2024, 11:51 AM
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Senior Member
1,053 posts Joined: Jan 2008 |
QUOTE(jack2 @ Dec 28 2024, 11:47 AM) I wanted to answer this. I trust my family and it is OK even they know my passwords right now for everything. Nothing to worry. Nobody want to gain from dirty money because it cannot be clean in your lifetime. jack2 liked this post
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Dec 28 2024, 12:32 PM
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Junior Member
383 posts Joined: Aug 2007 |
Hi Jack, I could not offer any advice because I dont think I have any wills or money for my family. Dont think I would have even at the age of 50s or 60s if I live that long.
But I hope you are doing well and in good health. Hope you are not planning something If you need to talk, you can pm me. |
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Dec 28 2024, 12:50 PM
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All Stars
15,192 posts Joined: Oct 2004 |
QUOTE(kawa_e @ Dec 28 2024, 12:32 PM) Hi Jack, I could not offer any advice because I dont think I have any wills or money for my family. Dont think I would have even at the age of 50s or 60s if I live that long. Hi kawa_e,But I hope you are doing well and in good health. Hope you are not planning something If you need to talk, you can pm me. Nothing to worry about. Life is impermanent and we never know what would happen in the next second. The best is to prepare everything and to pass down any messages before it happened. Then I will be peacefully go home which is the Pure Land of Namo Amitabha without any worry. romuluz777 and NinG liked this post
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Dec 28 2024, 01:39 PM
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Junior Member
403 posts Joined: Oct 2005 From: Weee~~ |
After consideration, I still go for wills for proper management under law. Leave no worry to my family, clear cut on my plan.
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Dec 28 2024, 03:42 PM
Show posts by this member only | IPv6 | Post
#26
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Senior Member
5,366 posts Joined: Aug 2005 |
what about BTC wallet private key / recovery phrases
what is the best way to keep it away from them while you are alive, but released to them after your death |
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Dec 28 2024, 04:52 PM
Show posts by this member only | IPv6 | Post
#27
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Junior Member
239 posts Joined: Mar 2018 |
The money and accounts is mine only and if I die its not to be snooped around
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Dec 28 2024, 05:51 PM
Show posts by this member only | IPv6 | Post
#28
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Junior Member
68 posts Joined: Nov 2014 From: The 10th Dimension |
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Dec 28 2024, 07:08 PM
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76 posts Joined: Nov 2021 |
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Dec 29 2024, 09:36 AM
Show posts by this member only | IPv6 | Post
#30
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All Stars
15,192 posts Joined: Oct 2004 |
QUOTE(dattebayo @ Dec 28 2024, 03:42 PM) what about BTC wallet private key / recovery phrases there are many ways to do it and solely depends on the comfort level of the person on how he/she is going to implement.what is the best way to keep it away from them while you are alive, but released to them after your death Some even feels not safe if to write down everything on a book or paper. This post has been edited by jack2: Dec 29 2024, 09:37 AM |
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Dec 29 2024, 09:43 AM
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Junior Member
933 posts Joined: Jul 2005 |
zip everything up in a long enough encryption password like 90 characters....
then give 30 to sibling 1 , 30sibling 2 and the last 30 to sibling 3. is only when the 3 come together are they able to access your info... |
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Dec 29 2024, 10:04 AM
Show posts by this member only | IPv6 | Post
#32
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Senior Member
1,132 posts Joined: Apr 2014 From: Shah Alam, Selangor |
QUOTE(soul78 @ Dec 29 2024, 09:43 AM) zip everything up in a long enough encryption password like 90 characters.... Hypothetical.... what if you and a sibling both pass on while in the same car wreck? Everything gone forever?then give 30 to sibling 1 , 30sibling 2 and the last 30 to sibling 3. is only when the 3 come together are they able to access your info... The will is allowed by law to be written by the individual, but I always say the passing on of the information is the issue that has to be figured out - write a will and keep in the house? What if the house burns down with you in it? - keep specific information in the cloud? Legality of e-will and passwords to access - keep will with lawyer/will writing agency? Family must know to contact the correct firm after death - pass on multiple copies to few people? legality, and must keep track of multiple copies - give someone/multiple people master password? password changes how? Don't get me wrong, I also am thinking of how to solve this problem. That's why following this thread for ideas. Right now I have the single copy at home, but I think I am going tp be giving another copy to a trusted friend (who is not a beneficiary) and having a second copy around in case of my passing. |
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Dec 29 2024, 10:26 AM
Show posts by this member only | IPv6 | Post
#33
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All Stars
15,192 posts Joined: Oct 2004 |
QUOTE(stormer.lyn @ Dec 29 2024, 10:04 AM) Hypothetical.... what if you and a sibling both pass on while in the same car wreck? Everything gone forever? True. Passing down information is more important than will in my opinion. The will is allowed by law to be written by the individual, but I always say the passing on of the information is the issue that has to be figured out - write a will and keep in the house? What if the house burns down with you in it? - keep specific information in the cloud? Legality of e-will and passwords to access - keep will with lawyer/will writing agency? Family must know to contact the correct firm after death - pass on multiple copies to few people? legality, and must keep track of multiple copies - give someone/multiple people master password? password changes how? Don't get me wrong, I also am thinking of how to solve this problem. That's why following this thread for ideas. Right now I have the single copy at home, but I think I am going tp be giving another copy to a trusted friend (who is not a beneficiary) and having a second copy around in case of my passing. That why I am trying to write down what messages I Wanna pass down and at the same time copy the info to do will. Currently thinking to write on a book or use Microsoft 365 to write and share with the person that will assist me when I go home. This post has been edited by jack2: Dec 29 2024, 10:30 AM |
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Dec 29 2024, 10:40 AM
Show posts by this member only | IPv6 | Post
#34
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Junior Member
933 posts Joined: Jul 2005 |
QUOTE(stormer.lyn @ Dec 29 2024, 10:04 AM) Hypothetical.... what if you and a sibling both pass on while in the same car wreck? Everything gone forever? Google allows setup of death mans switch... if one year no access account can setup to email info or passwords to someone else email account if you want...The will is allowed by law to be written by the individual, but I always say the passing on of the information is the issue that has to be figured out - write a will and keep in the house? What if the house burns down with you in it? - keep specific information in the cloud? Legality of e-will and passwords to access - keep will with lawyer/will writing agency? Family must know to contact the correct firm after death - pass on multiple copies to few people? legality, and must keep track of multiple copies - give someone/multiple people master password? password changes how? Don't get me wrong, I also am thinking of how to solve this problem. That's why following this thread for ideas. Right now I have the single copy at home, but I think I am going tp be giving another copy to a trusted friend (who is not a beneficiary) and having a second copy around in case of my passing. |
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Dec 29 2024, 11:31 AM
Show posts by this member only | IPv6 | Post
#35
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Senior Member
1,596 posts Joined: Sep 2021 |
QUOTE(jack2 @ Dec 29 2024, 09:36 AM) there are many ways to do it and solely depends on the comfort level of the person on how he/she is going to implement. The physical assets within the country, I think it is not an issue. You can write a will.Some even feels not safe if to write down everything on a book or paper. The troublesome one based on your description will be the digital currency asset. 1) You do not want to reveal your current wealth - revealing them will invites unnecessary trouble, change of ppl perception towards you ( ppl with bad intention, no longer genuine relationship but more on interest and gain, etc). 2) You write the access & password down - you worry, the wrong ppl will hijack & access to it. 3) You didn't write anything down - you worry if you pass away suddenly, the wealth become no one asset, just floating in the digital space. 4) You write some secret codes - you worry the one inheriting the documents could be too dump to understand it, ended up it will lead to 3). All these worries, why not just convert all the digital assets to the physical / conventional assets while you still can? This alone eliminates all the issues. Keep thing simple & executable by an ordinary ppl. By doing so, no one need to know how many physical assets you owns under your name as long as you never reveal it / flex it. It will remain hidden in the record only. You don't have to write down any vulnerable access or password. You may only be worry if ppl tampered the "will". The mortal real's issue no longer the deceased problem, let them figure out themselves. It is not something to be worried by the deceased anymore. If already died but still need to worry about mortal realm's problem, this kind of life /after-life is so miserable. If you have done all the necessary & the asset still did not end up to the intended ppl hands, that is known as fate. |
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Dec 29 2024, 11:48 AM
Show posts by this member only | IPv6 | Post
#36
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Senior Member
1,132 posts Joined: Apr 2014 From: Shah Alam, Selangor |
QUOTE(soul78 @ Dec 29 2024, 10:40 AM) Google allows setup of death mans switch... if one year no access account can setup to email info or passwords to someone else email account if you want... You're correct. But the timing of the Letter of Administration/Grant of Probate will then be affected, as the information will only come out after 1 year. Not to mention your estate may already be disbursed, and then suddenly after one year it is found out that you actually have a will. I think you are on the right track though... maybe make it 3 months time interval |
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Dec 29 2024, 02:04 PM
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Senior Member
2,491 posts Joined: Dec 2004 From: initrd |
QUOTE(jack2 @ Dec 27 2024, 10:56 PM) Will you write down all your information, such as assets, password and whatever information you Wanna let your family members know for the ease after you go "home"?? I document all my secret keys and hashes for my next kin. You just need to tell them to find that book and tbey got all the information that you have written. Else, they will never know what you have and to handle and settle??? |
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Dec 29 2024, 03:07 PM
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Junior Member
933 posts Joined: Jul 2005 |
QUOTE(stormer.lyn @ Dec 29 2024, 11:48 AM) You're correct. But the timing of the Letter of Administration/Grant of Probate will then be affected, as the information will only come out after 1 year. Not to mention your estate may already be disbursed, and then suddenly after one year it is found out that you actually have a will. I think you are on the right track though... maybe make it 3 months time interval you can set this if you dont want to disburse using the LA or grant of probate method... like in cryptos, doesnt make sense to write your seed phrase and share them to the person who holds your WILL. nothing stopping them to restore the wallet and draining it and saying as an excuse that the wallet of the deceased has been hacked. |
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Dec 29 2024, 04:24 PM
Show posts by this member only | IPv6 | Post
#39
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Senior Member
1,132 posts Joined: Apr 2014 From: Shah Alam, Selangor |
QUOTE(soul78 @ Dec 29 2024, 03:07 PM) Apologize if you are meaning something else, but the LA or GP is not a "method"; the next-of-kin must have a LA/GP* before they can begin to do anything to your assets. It's basically the High Court saying "yup, he ded, can start sharing the loot"The issue I see is that the court may issue LP/GP before my wishes come out from the dead-man's-switch in Google, and by that time my assets may already start to be shared. *Letter of Administration, if you do not have a will *Grant of Probate, if you do have a will |
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Dec 29 2024, 05:07 PM
Show posts by this member only | IPv6 | Post
#40
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Junior Member
763 posts Joined: Jan 2003 |
Spend all before jalan ?
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