So if I understand correctly, customer has two keys and unchained has one key. Customer gives one of his keys to the executor. What if the executor contacts unchained when I am alive and moves btc with the help of his key and unchained? Is it a possible scenario?
Unchained will only work with the executor (holding one key) to cosign a transaction after performing extensive verification. This includes requiring the executor to present a genuine death certificate and probate court order.
What if the heir already has possession in their fathers bitcion in a multi sig vault in an unchained captial account. The father requested that the heir control the keys and set up the vault. However the father needs to do an inheritance protocol to pass on the 'Trust' aspect for when they eventually pass on. Does the father need to set up his own Unchained capital account and pay for the inheritance protocol in order to do this? Remember, the father doesn't use computers and would prefer the heir to handle this process. Can the heir intitiate the protocol from his own account and have the father sign all appropriate documents? Again the heir currently already has possesion of the BTC with a multi-Sig vault on Unchained.
does the trust vault work for an irrevocable trust?
So if I understand correctly, customer has two keys and unchained has one key. Customer gives one of his keys to the executor.
What if the executor contacts unchained when I am alive and moves btc with the help of his key and unchained? Is it a possible scenario?
Unchained will only work with the executor (holding one key) to cosign a transaction after performing extensive verification. This includes requiring the executor to present a genuine death certificate and probate court order.
What if the heir already has possession in their fathers bitcion in a multi sig vault in an unchained captial account. The father requested that the heir control the keys and set up the vault. However the father needs to do an inheritance protocol to pass on the 'Trust' aspect for when they eventually pass on. Does the father need to set up his own Unchained capital account and pay for the inheritance protocol in order to do this? Remember, the father doesn't use computers and would prefer the heir to handle this process. Can the heir intitiate the protocol from his own account and have the father sign all appropriate documents? Again the heir currently already has possesion of the BTC with a multi-Sig vault on Unchained.