How to claim your Inheritance
Help Overview

How to claim your Inheritance

How to claim inheritance as a beneficiary

As a beneficiary, it is within your power to claim inheritance in the event a Vault Owner passes away, or becomes incapacitated. Follow the steps below to initiate and claim Inheritance.


When the time comes to access the inherited digital assets, the Beneficiary opens the Vault12 app, selects the Vault to be inherited, and activates Inheritance. This will send a safeguard message to the Vault owner — just in case the Beneficiary is actually jumping the gun. The owner has a set period of time - 48 hours - to veto the request.

  • Once the Vault is ready, the Beneficiary is asked to contact the Vault owner's Guardians.

The Guardians are contacted out of band, e.g., by phone by the Beneficiary, and asked to do a Vault Restore.
The Vault restore/asset unlock process is the same process that Guardians may have enacted multiple times for the owner — so nothing new for them to do.

3. Restoring Assets

  • Once the minimum number of Guardians have confirmed a Vault Unlock, the assets are transferred to the Beneficiary.
The Inheritance process is complete, and the new Beneficiary will be free to disburse the assets as specified by the Vault owner's Will or Living Trust.

The Vault12 Digital Inheritance capability is designed to ensure that all digital assets — not just cryptocurrency — that are backed up in the original Vault are passed on to the designated individual in the future.

Vault12 Digital Inheritance is part of the Vault12 app, and is now available in the App Store, Google Play, macOS, and Windows. Download at https://vault12.com/download.

If you are a lawyer or a crypto investor please view our web seminar hosted by the Chamber of Digital Commerce, with
- Philip C. Berg, Otterbourg P. C.
- Jason Lederman, Senior Associate, Norton Rose Fulbright US LLP
- Wasim Ahmad, Chief Crypto Officer, Vault12



https://www.linkedin.com/company/vault12
https://twitter.com/_vault12_
Discover More

Featured Articles

Vault12 Crypto Security

Social Recovery Vault for Digital Asset Security + Digital Inheritance for protecting the future of money.

Inheritance and backup for Cryptocurrency

Vault12 Guard Explainer
Get the Vault12 Guard app onto your phone
QR code Vault12 Crypto/NFT InheritanceDownload Vault12 on App StoreDownload Vault12 on Google Play
Vault12 app mockup
Scroll down
Close

Vault12 Product Demo

Get The Vault12 App Onto Your Phone

Download Vault12 on App StoreDownload Vault12 on Google Play
Inheritance: Get ready today.

Inheritance: Get ready today.

Vault12 Digital Inheritance is the first solution to offer a simple, direct, and secure way to ensure cryptocurrency, NFTs, and other Web3 digital assets can be inherited by future generations.

Digital Inheritance enables investors to designate an individual or a mobile device as a guardian that will inherit their entire portfolio of digital assets (seed phrases,private keys, digital art and other secrets) inside a secure digital Vault once the time comes, eliminating undue risk and the need to continually update an inventory or issue updated instructions which result in privacy leakage.

Secure Decentralized Backups.

Secure Decentralized Backups.

Designed to be used alongside traditional hardware, software, and online wallets, Vault12 Guard helps cryptocurrency owners, professional crypto traders, and high-net-worth investors safeguard their digital assets without storing anything in the cloud or in fact, any one single location. This increases protection and decreases the risks of loss.

Note:The Vault12 Guard app is not a crypto wallet and does not hold cryptocurrency. Using a non-custodial approach, it is a Vault that safeguards your wallet seed phrase, private keys, associated files for NFTs, and digital art.

The Vault12 Guard app enables secure decentralized backups, and provides legacy inheritance for all your web3 digital assets, including NFTs, wallet seed phrases, secrets like keys, PIN codes, DAO project keys, and digital art.

Collectors, ensure your Art is protected for the future.

Collectors, ensure your Art is protected for the future.

Whether your digital art is suitable for a phone, or represents much higher resolution multimedia, make sure that you have backed up a copy in case the resource link is disrupted in the future. Digital art can easily be added to the Vault either via the mobile app or via the desktop utility. Once you have stored your artwork in your Vault, it will also benefit from inheritance once you activate that in your app.

Creators, do you have creative security?

Creators, do you have creative security?

As a creator, you can use Vault12 Guard to safeguard not just your NFT and crypto wallets but also your original digital artwork. Project creators will always have to deal with multiple wallets - inventory, treasury, as well as future royalty wallets.

Vault12 Guard safeguards your project assets, increasing protection and decreasing the risks of loss whilst ensuring that everything is ready to be passed onto future generations when the need arises. This is creative security.

Learn

Step-by-step guides for setting up your digital Vault and adding assets, inheriting and restoring Vaults. Vault12 Guard helps you inherit and back up all assets stored in your Vault, including Bitcoin, Ethereum, crypto, private keys, seed phrases, wallets, NFTs, and digital art.

Teacher explaining how to to use Vault12 Guard
Decorative Background

Get started now.

Vault12 Guard is now available from the iOS and Android App Stores.
Download Vault12 on App StoreDownload Vault12 on Google Play
Close
Start protecting your digital assets: Free 30-day trial available today.