Annual Bitcoin Inheritance Plan Review: Why It Matters

Bitcoin technology evolves. Hardware wallets get firmware updates, wallet standards change, and your personal circumstances shift. The Annual Verification service (£149/year) ensures your Bitcoin inheritance plan stays current and actually works when it's needed — which could be decades from now.

Why an annual review is essential

An inheritance plan written five years ago may not work today. Consider what can change:

Hardware wallet firmware updates may change recovery procedures
New wallet standards (e.g., Taproot, miniscript) may replace older formats
You may acquire new wallets, hardware devices, or exchange accounts
Your family situation may change (new heirs, new executors)
Technical contacts you nominated may become unavailable

Without regular review, your plan quietly becomes outdated — and your family may find themselves with an unusable set of instructions.

What's included in Annual Verification

Plan review. We review your entire Digital Asset Schedule to confirm it's still accurate and complete.
Technical updates. If firmware changes, software updates, or new standards affect your recovery instructions, we update the documentation accordingly.
Key confirmation. We verify that you still have access to all your keys and that backup locations haven't changed.
Heir and contact updates. Confirm that your heir assignments and contact details are still correct.
Summary report. You receive a written report of what was reviewed and any changes made.

Do I need Annual Verification?

This service is recommended for:

Anyone whose setup includes multiple hardware wallets or complex multisig configurations
Users with significant Bitcoin holdings where the cost is small relative to the assets protected
Users who aren't confident in maintaining the plan themselves
Professional clients whose solicitors want an auditable review process

If your setup is very simple (e.g., one wallet, one heir), the basic liveness checks included in your plan may be sufficient without the Annual Verification add-on.