GateHub does not offer a formal way of naming the beneficiary of your account in the event of your death.
One of the things you can do, if you wish to have your account managed by your successor(s), is to first make them, or the executor of your will, aware of the existence of your GateHub account.
We advise against leaving your account credentials (like passwords, recovery keys, or secret keys) in a will or other document that becomes public after your death.
You can, however, name a beneficiary of your GateHub account with your estate planning attorney and the ownership of your GateHub account will be transferred according to your will or other arrangements made with your legal counsel.
In the event of your passing, the executor of your estate or your legal successor(s) will have to provide us with certain documents required for our ownership transfer procedure. If all the requirements are met, we will be able to:
- Provide the account information (personal information, wallet balances, etc.) if not otherwise instructed in the will.
- Facilitate access to the account by, for example, disabling the 2FA or changing the account email, etc. We will not be able to provide full access to the account as we do not have access to account credentials like password, account recovery key or wallet's secret key.
- Transfer funds from the hosted wallet(s). Unfortunately, funds in the XRP wallet cannot be transferred without the wallet secret key.
Please keep in mind that your account password, recovery key or wallet secret key should always be kept as safe and secure as possible, so even if you intend to make them known to your successors after your passing, do not store them in such a manner that they can be accessed before that.
If your loved one has passed away and you are their heir or have inherited their GateHub account please contact us through our support channel (Catagory - "Account security").