safety deposit box in base scenario

[veilgets]

Context

Currently the base scenario suggest the smart custodian to store all backups of their seed phrase in a safety deposit box

problem with current approach

Safety deposit boxes are not foolproof[1], [2], [3] and are not FDIC insured[4].

solution

the base scenario should in my opinion include at least one of the following suggestions:

1. obtain proof of safety deposit box contents & value and get some form of insurance.

2. have a second safety deposit box for redundancy.

3. consider alternatives for having a backup of instructions for heirs in the safety deposit box in case of theft.