More Than a Password: A Human Approach to Bitcoin Inheritance

Every week, we sit down with people who have done everything right. They’ve diligently learned about Bitcoin, invested wisely, and secured their assets on a top-tier hardware wallet. They feel prepared.

Then, we ask a simple, quiet question:

“If something happened to you tomorrow, could your family access it?”

The confidence in the room almost always vanishes. Suddenly, that single, ultra-secure device starts to feel less like a fortress and more like a locked box with no spare key.

This is the critical challenge that goes beyond simply buying Bitcoin. It’s about building a legacy that can actually survive you.

The Dangerous Illusion of a Single Key

Your first hardware or mobile wallet is a great starting point. But as your holdings grow from a hobby into a significant family asset, that simple setup becomes a single point of failure.

We’re not just talking about a house fire or a misplaced device. We’re talking about real-life scenarios:

• A lost or damaged wallet means the Bitcoin is likely gone forever.

• A compromised seed phrase, accidentally seen or shared, could mean your entire balance is drained in an instant.

• In the event of a sudden tragedy, would your family even know where to begin? Do they understand what a "seed phrase" is, let alone how to use it without putting themselves at risk?

Handing over a password or a seed phrase in a sealed envelope isn't a plan. It’s a gamble that creates new security holes for the people you’re trying to protect.

A Smarter Way: Thinking Like a Team with Multi-Sig

This is where we shift the conversation from a single lock to a shared system of security.

At Evoke, the cornerstone of our inheritance planning is a structure called multi-signature (or multi-sig).

Instead of one key controlling everything, we split control across multiple keys. The most common and effective setup we design for families is a 2-of-3 wallet:

• Your Key — You hold the primary key, stored securely in your home or safe.

• Your Trusted Party's Key — A spouse, adult child, or trustee holds the second key. This creates shared responsibility.

• Our Key (The Backup) — Evoke holds the third key as a neutral backup. We have no ability to see your funds or act alone, but we can be the co-signer your family needs if your key is lost or inaccessible.

The magic is in the math: no single person can ever move the funds alone. It always requires two keys working together.

Connecting the Pieces for True Peace of Mind

This is where the lightbulb really goes on for our clients. An inheritance plan isn't just about technology; it's about people and process.

With a multi-sig structure:

• You remove the impossible burden on your family. Instead of them having to become cybersecurity experts overnight, they can collaborate with us to safely recover the assets.

• It integrates with your legal planning. We work directly with your lawyers and estate planners to formally name the keyholders in your will, trust, or power of attorney. This creates a clear, legal roadmap for your executor.

• You retain full control. This is not a custodial service where you hand over your Bitcoin. You and your chosen co-signer are always in the driver's seat.

The Real Bottom Line

Bitcoin is simple, until it isn't.

Protecting your wealth while you're here is only half the battle. Building a thoughtful, resilient plan to ensure your family can access it for decades to come — that’s where true peace of mind begins.

It’s about moving beyond a simple password and creating a plan built for humans.