I have been thinking about this as my crypto assets add up to a fair bit. If something happens to me it could all be lost.
I have been writing up a document (shared Google Doc) with instructions on how to access it all for the benefit of some family members. The harder problem is sharing the keys. I have set something up using a combination of passwords and physical security, but it still needs some work. I am thinking I really need to get at least train my kids in the basics of Hive and associated stuff. Obviously I need to maintain good security, but a hacker cannot access a flash drive that I have put somewhere safe or read a password that is only written down. Security is always a compromise. I use Lastpass and they have some options to allow others to access your data if something happens. I just have not got that set up yet.
Mine is definitely about the value, but also about the number of holdings across so many platforms that I hold. I got thinking that I should really have a record not just for someone that might have to figure it out, but also for myself so I don't forget where I have funds stashed :) I think writing up a shared Google doc is smart. You don't have to share keys, you can just say the keys are on a piece of paper in the safe or something like that. My wife and I use BitWarden and we have a shared family account, so I can share all of my crypto passwords with her if necessary. The only problem could be 2FA. Plus I don't usually store keys in Bitwarden.
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It is complex to keep track of. I'll be interested to see how others manage it. 2FA can be a pain. It's bad enough if you lose your phone.
No kidding!
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