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What happens if a heir loses his/her key?

Lost a key? Migrate to a new setup to stay secure.

If a heir loses their key, the action depends on the setup configuration. It’s recommended to migrate to a new setup and replace the lost key to maintain security.

  • Primary Path is Accessible: If the primary path is still intact, the user can migrate funds to a completely new Smart Vault setup without issue.

  • Primary Path is Lost: If the primary access is lost, 21st Capital can assist in migrating the funds to a new Smart Vault, provided that the owner or heirs can supply the necessary wallet information (descriptors) to facilitate the recovery process.

Regularly reviewing and updating your setup is essential to maintaining a secure inheritance plan.