This. And maybe even use Shamir's secret sharing (or a similar scheme) to split the backup/recovery key among the family members or trusted close friends - so a

This. And maybe even use Shamir's secret sharing (or a similar scheme) to split the backup/recovery key among the family members or trusted close friends - so a single person won't be able to compromise your security. https://en.wikipedia.org/wiki/Shamir's_Secret_Sharing https://en.wikipedia.org/wiki/Shamir's_Secret_Sharing