A hardware wallet can help manage the keys used to access digital assets, but the device alone does not guarantee that heirs will be able to reach those assets. Consider who controls the recovery phrase, whether a backup plan exists, and whether the intended recipient understands the risks.
Plan for access without exposing the key
- List the assets and identify the relevant network or provider, but do not put a seed phrase in the inventory file.
- Tell a trusted person that a device and documents exist and where they are stored, while keeping identity information separate from the keys.
- Store a recovery copy securely, limit access, and consider risks such as fire, water damage, and theft.
- Test the recovery process with a small amount or in a safe environment. Do not disclose the phrase to people who do not need it.
- Prepare transfer instructions with a professional familiar with legal or digital-asset matters, and review them when you change devices.
The Thai SEC explains the difference between custodial and non-custodial wallets and warns that private-key management carries different risks. If you use a custodian, check its license and ask the provider directly how it handles an account after the owner’s death. Never publish a seed phrase or send it to someone who claims they can recover funds for you.
The linked video discusses general money management; it does not explain wallets, seed phrases, or crypto inheritance. Use the SEC information and professional advice for those decisions.