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I mean, just a regular will can cover all of this for you. For real assets listed on the page such as real estate, investments, etc, a will is the only real way

I mean, just a regular will can cover all of this for you. For real assets listed on the page such as real estate, investments, etc, a will is the only real way to sort those out actually (unless you want whatever the default proceeding is where you're from). If you're the inheritor of someone, you can't just go and transfer their bank contents to your own account. As for things such as files, pictures, etc, you can write a master password down in your will if it's that important, but not important enough to share ahead of time. Most people I know though just share their password with their husband/wife. This looks like a SaaS solution in search of a problem.

EnthusiastShiv 2y ago
I understand your point — traditional wills are essential for physical assets. However, Cipherwill specifically addresses the complexities of digital assets (crypto and other data) which aren't always covered by standard wills. It provides a secure way to manage online accounts and sensitive data. Thanks for sharing!
thepuppet33r 2y ago
I'm with you. The whole time I was reading the copy on the site, I kept thinking "What's wrong with a normal will and a lawyer?" Even crypto can be handled via a will if you're smart about it. I have a document that contains all of our subscriptions, our key information, contacts, last will, etc, that I update monthly, put on a thumb drive, and hide in a place my wife knows. I can't encrypt it because she isn't tech savvy enough, but physical obscurity is enough for me. I encrypt the copy on my PC. I also print out a copy and have it in our lockbox. In addition, we have a shared password manager with a Yubikey that she has access to for MFA, and she knows the password. If we both die at the same time, one of my close friends knows where all of this is and can provide to the lawyer handling our kids provenance. I don't have much crypto because I think it's by and large a scam market, but it's on a drive that is described in the document on the USB. At the end of the day, the things that are important to me are written down as physical copies. We print off photos and put them in photo books. My favorite music is on CDs. All that said, I see the real benefit in a service like this for the older generation like my in-laws. I've had multiple conversations with him about the passwords to all their online accounts and all their critical information, and all their passwords are just stored in his Google Chrome password manager. My MIL doesn't know the password to his Chrome account. If he dies first, she's going to have a helluva time getting access to everything. So if he could sign up to a service like this that we could trust, it would be immensely helpful.

EnthusiastShiv 2y ago

I understand your point — traditional wills are essential for physical assets. However, Cipherwill specifically addresses the complexities of digital assets (crypto and other data) which aren't always covered by standard wills. It provides a secure way to manage online accounts and sensitive data. Thanks for sharing!

thepuppet33r 2y ago

I'm with you. The whole time I was reading the copy on the site, I kept thinking "What's wrong with a normal will and a lawyer?" Even crypto can be handled via a will if you're smart about it. I have a document that contains all of our subscriptions, our key information, contacts, last will, etc, that I update monthly, put on a thumb drive, and hide in a place my wife knows. I can't encrypt it because she isn't tech savvy enough, but physical obscurity is enough for me. I encrypt the copy on my PC. I also print out a copy and have it in our lockbox. In addition, we have a shared password manager with a Yubikey that she has access to for MFA, and she knows the password. If we both die at the same time, one of my close friends knows where all of this is and can provide to the lawyer handling our kids provenance. I don't have much crypto because I think it's by and large a scam market, but it's on a drive that is described in the document on the USB. At the end of the day, the things that are important to me are written down as physical copies. We print off photos and put them in photo books. My favorite music is on CDs. All that said, I see the real benefit in a service like this for the older generation like my in-laws. I've had multiple conversations with him about the passwords to all their online accounts and all their critical information, and all their passwords are just stored in his Google Chrome password manager. My MIL doesn't know the password to his Chrome account. If he dies first, she's going to have a helluva time getting access to everything. So if he could sign up to a service like this that we could trust, it would be immensely helpful.