<p>Inheritance plans very much depend on one's circumstances e.g. how accessible you want your Bitcoin to be whilst you are alive and how easy you want to make it for your descendants to access your Bitcoin when you've passed away. The easier you make it for your descendants the more you open up attack vectors for malicious parties. Designating a trusted individual who sufficiently understands Bitcoin technology and can assist your descendants certainly makes the process easier at the cost of reliance on that trusted individual.</p>
<p>Inheritance is discussed in Pamela Morgan's book <a href="https://rads.stackoverflow.com/amzn/click/com/1947910116" rel="nofollow noreferrer" rel="nofollow noreferrer">Cryptoasset Inheritance Planning</a> and this <a href="https://www.youtube.com/watch?v=mqiaJXtP4HI" rel="nofollow noreferrer">video</a> I personally recorded recommending degrading multisig e.g. m-of-n that becomes (m-1)-of-n after x years as a strong option.</p>

CC BY-SA 4.0
2023-08-03T15:08:42.183Z
2023-08-03T15:18:25.150Z
2023-08-03T15:18:25.150Z
Michael Folkson
<p>Bitcoin companies that provide multi-sig services like Unchained also let your siblings take your bitcoin stack if you die and your siblings have at least 1 key in a 2 of 3 multi-sig setup which Unchained only holds 1 of 3 key.
Here is a link that might be helpful: <a href="https://unchained.com/blog/unchained-inheritance-protocol/" rel="nofollow noreferrer">https://unchained.com/blog/unchained-inheritance-protocol/</a></p>
<p>(Disclaimer: I'm an ex Unchained employee)</p>

CC BY-SA 4.0
2023-08-03T17:56:28.883Z
2023-08-03T17:56:28.883Z
Efe
<p>For a while now I've been wondering what is the best way to setup an inheritance plan for the bitcoin I own. Has any one here set one up? What’s your plan?</p>

CC BY-SA 4.0
2023-08-03T14:09:06.860Z
Hi Sebastian, please check out the tag [tag:inheritance-plan] which collects exactly that topic
Murch
CC BY-SA 4.0
2023-08-03T15:27:41.343Z
Thanks! Should have done more research before posting
Sebastian
<wallet><multi-signature><inheritance-plan>
Bitcoin inheritance
Sebastian
# Bitcoin inheritance

(Asked by: username_0 on 2023-08-03)

For a while now I've been wondering what is the best way to setup an inheritance plan for the bitcoin I own. Has any one here set one up? What’s your plan?

**Tags:** wallet, multi-signature, inheritance-plan

> **Comments:**
> **username_1**: Hi username_0, please check out the tag [tag:inheritance-plan] which collects exactly that topic  
> **username_0**: Thanks! Should have done more research before posting  

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## 2 answers

### Answer by username_2 on 2023-08-03. Score: 0 | Accepted answer

Inheritance plans very much depend on one's circumstances e.g. how accessible you want your Bitcoin to be whilst you are alive and how easy you want to make it for your descendants to access your Bitcoin when you've passed away. The easier you make it for your descendants the more you open up attack vectors for malicious parties. Designating a trusted individual who sufficiently understands Bitcoin technology and can assist your descendants certainly makes the process easier at the cost of reliance on that trusted individual.

Inheritance is discussed in Pamela Morgan's book [Cryptoasset Inheritance Planning](https://rads.stackoverflow.com/amzn/click/com/1947910116) and this [video](https://www.youtube.com/watch?v=mqiaJXtP4HI) I personally recorded recommending degrading multisig e.g. m-of-n that becomes (m-1)-of-n after x years as a strong option.


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### Answer by username_3 on 2023-08-03. Score: 0

Bitcoin companies that provide multi-sig services like Unchained also let your siblings take your bitcoin stack if you die and your siblings have at least 1 key in a 2 of 3 multi-sig setup which Unchained only holds 1 of 3 key.
Here is a link that might be helpful: <https://unchained.com/blog/unchained-inheritance-protocol/>

(Disclaimer: I'm an ex Unchained employee)


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