I got everything in 1Password and Evernote. I live paperless. 1Password is the key to everything important in my life.
I am not that old and it might be odd to think about it yet, but I wonder how my wife or kids will gain access to all my "paper" in case I die in an emergency or so.
Right now, the only way secure way I am aware of, is to leave the Master-Password in a sealed envelope in a safe deposit box. Not the best approach, since a) I might want to change my master-password frequently and b) it is a physical copy of something that should not have a physical copy.
I could teach my wife the master-password, but she'd forget it (since she wouldn't use it for years or decades). Same with my kids. Also, it generally does not feel right to share the master-password with (too many) others.
Is there a better way to handle this?
What I had in mind as a cool solution:
I could setup up to three or five "trustees" at 1 Password. These would for example be my kids and my wife. These trustees could, after some auth-process, request [a hint to] my master-password. Once requested, I first would get a notification email with a (literal) "dead man button": If I don't hit the button within 72 hours or so, the hint would be revealed to the trustee. If I hit the button, the request was wrong and I can "kick that trustee out".
How are others approaching this problem?