Theory and setup
The plan is to setup a plan when your family find out you died, they can recover your crypto. You will need 2 lawyers to setup this plan. But our plan will utilize some cryptography tools so neither your lawyer or your family members can access your crypto not as you intended.
We will use a cryptography tool called veracrypt, if you have never heard of this tool, familiarize it with this tutorial veracrypt tutorial. Familiarize with how this tool works and how to play with it.
We will assume you already know to create veracrypt containers and how to mount them
The plan is to achieve a 2/3 multisig scheme. Which means we will have 3 keys, and we should be able to access our wallet with any 2 key.
First you need to thing about a password, and you need to remember this, and you should notify your family members about this and make sure they also remember it.
Then use veracrypt to generate 3 keyfiles, keyfiles will be random files generated by veracrypt. They have size of 1024kb and is highly random, so your container is impossible to open without them.
We will use different combination of keyfiles and the password to encrypt the containers
Choose to create a new volume, click next until you see the keyfiles option
We will try to generate 3 random keyfiles
Move your mouse to collect enough entropy, this is very important! The protection from cryptography will be significantly weakened if there is not enough randomness. Then set the key file size to maximum which is 1048576. This is the maximum size utilized by veracrypt and we should use that.
Name your keyfile as key 1 and save it. And repeat this step to produce key 2 and key 3, we will use them later
Like the above image, you will create containers with the same password, but use a different combination of 2 keyfiles for each container
Volume 1 : password + key file 1 + key file 2
Volume 2 : password + key file 2 + key file 3
Volume 3 : password + key file 1 + key file 3
You will always save three containers together, this means your family member can unlock 1 of the 3 container even one keyfile is lost.
Then you need to try to unlock and copy the seed file to each of the container
Then you need to properly distribute the keys
1.You will keep key file 1, and the local copies of containers at home
2.Tell your family members about the plan, and most importantly the password
3.Handle a physical copy of keyfile 2 and keyfile 3 to two different lawyers in different countries, and ask them to send it to your family members when you die officially.
4.Upload the containers to a cloud storage which is controlled by your family members as a backup
In this setup your monero can be safely inherited, and it is resistant against accidents. Different things can happen:
1.The best case is you died, your family member grab your local copy of containers and keyfile1, and receive keyfile 2 from one lawyer. Then sucessfully decrypt to get the seed, and recovered your monero
2.Your home is destroyed in a disaster, but your family members and download the containers from the cloud. They wait until both lawyers deliver keyfile 2 and keyfile 3 to them. Then unlocked to recover your monero.
3.One of the lawyer died in earthquake, plus his office also destroyed. Your family member still have your local copy of containers and keyfile 1, and receive another keyfile from the survived lawyer. They unlocked and recovered your monero.
You should find lawyers in different cities to reduce the risk.
This plan prevents your lawyers to steal crypto, because they do not have the containers plus the password. Your family members also cannot access your crypto, because they only have one key.
