Estate Planning Often an After Thought Estate planning often remains an afterthought despite its...
What happens when I'm gone?
Planning for the inevitable isn't just about arranging your physical assets. Your bitcoin requires equal consideration. At The Bitcoin Adviser, we focus on securing your Bitcoin for your lifetime and beyond, ensuring that it can be safely and efficiently transferred to your loved ones. This post will guide you through our secure and supportive process.
Immediate Support and Access
Every client at The Bitcoin Adviser receives a personalized Estate Protocol during their onboarding. This protocol is crucial; it ensures that in the event of your passing, your heirs know precisely how to reach us quickly and without hassle. Our team is committed to providing compassionate and prompt support to help your family during this difficult time.
Verification Process
Upon being contacted, we begin by verifying the situation through required documentation such as a notarized copy of the death certificate and valid identification from your family members or estate executors. This process includes a mandatory waiting period, which allows us to thoroughly verify all documentation to secure your assets.
Example Scenario: John and Mary’s Story
Consider John, a client who had invested significantly in Bitcoin. John was very proactive and participated in a detailed onboarding session with The Bitcoin Adviser followed by a meeting with his wife, Mary, so that she understood their Estate Protocol. Despite Mary not being technical or Bitcoin literate, this session provided her with a clear understanding of what to expect and who to contact if anything happened to John.
Tragically, John passed away unexpectedly. Thanks to the Estate Protocol and the time the team spent with John and Mary, she knew exactly how to reach The Bitcoin Adviser. The prior session with us had given her a great sense of confidence that even in such a challenging time, she could manage this aspect of their family’s wealth.
Upon receiving her call, we guided Mary through the verification process. Once verified, we assisted her in using John’s key to access the Bitcoin. John had ensured that Mary understood the importance of key security, making the recovery straightforward. We helped her transfer the Bitcoin to a new vault that she controlled, ensuring the family’s financial security.
Mary felt reassured knowing that, despite her lack of technical knowledge, she had all the help she needed. The support from The Bitcoin Adviser made the process as smooth and stress-free as possible, allowing her to focus on her family during a difficult time.
Lost Key Recovery
Should a key be lost, as sometimes happens, we follow the established estate protocols with our multi-sig vault provider using the "key of last resort." Our multi-sig partners' secure verification processes ensure that recovery is handled correctly and safely.
Plan B: Unavailability of The Bitcoin Adviser
In the rare event that The Bitcoin Adviser cannot be reached, your family can directly contact the multi-sig provider as detailed in the Estate Protocol. This ensures they can still access your Bitcoin using the pre-arranged "key of last resort."
Securing Your Peace of Mind
Our processes are designed to ensure there is no single point of failure in your Bitcoin's security plan, giving you full control and peace of mind knowing that your assets are well-protected even when you are no longer around.
Take Action to Secure Your Bitcoin’s Future
Don’t wait to secure the future of your Bitcoin. Contact one of our Bitcoin advisers today to discuss your situation and explore how we can help you prepare a robust plan for your bitcoin.
With The Bitcoin Adviser, you can rest assured that your Bitcoin is secure—today, tomorrow, and for generations to come.