NameSilo

What is your strategy if you die?

Located in General Domain Discussion, started by richterbg, Nov 5, 2020

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  1. richterbg

    richterbg Established Member ★★★★★★★★★★

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    We live in strange times. What is the strategy for your domains if you die?
     
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  2. biggie

    biggie GreenFriendly.com VIP ★★★★★★★★★★

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    Hi

    coincidentally, similar thought was passing thru the mind this morning, before reading this thread.
    that being said:

    time, in itself is strange

    it moves too fast, when you don't have much time left
    and it moves too slow, when you want things speeded up

    when puff, puff, puff'n on a blunt,
    time... hardly moves at all
    one can pose, ponder and even answer some mathematical and philosophical questions
    and the "what-if's" concerning the future of the world....
    and go thru all those thoughts and visualizations in the mind.... which in real time,
    may only be a few minutes.

    but a plan is in place.

    :)

    imo....
     
  3. Josh R

    Josh R Josh.co PRO VIP ICA Member

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  4. DrJacoby

    DrJacoby Established Member

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    Dead people don't have strategies. They are dead.
     
  5. PatrickV

    PatrickV Established Member

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    Put your domains and passwords to manage the domains in your heritage before you die ...

    Tell them that you own and parked some domains for sale ...

    Change accountnumbers at your seller's dashboard or so can be a problem may be ...

    Advice/solution welcome about this. Very interesting imo.

    It's up to yourself wich strategy you have.

    Maybe you can save some taxes in this way.

    This depends on local tax regulations i think ...

    Glta
     
    Last edited: Nov 5, 2020
  6. s.g

    s.g Okay, you've cracked it. There is more to us...

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    And the award for the longest answer without mentioning the answer goes to...
     
  7. s.g

    s.g Okay, you've cracked it. There is more to us...

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    A typical reaction of a typical person: What? Domains? You can buy domains? I am sorry, I don't know what this part of his will means. What about the house itself? (Top.com won't even get logged into. A domainer with the right budget will catch it. The owner who inherited it will never know it was worth much more than the house.)

    Have you guys heard the true story about Whiskey.com? Same thing. People don't know much about domains. We know what we are talking about! :)
     
  8. ultradog

    ultradog Established Member

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    If ?
     
  9. PatrickV

    PatrickV Established Member

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    There must be a solution for domains with a heritage strategy ... My idea is not stupid but not 100 % "waterproof" for the moment. Glta
     
    Last edited: Nov 5, 2020
  10. PatrickV

    PatrickV Established Member

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    Just transfer your domains before you die to your
    beneficiary and explain them where to put for sale ...
     
  11. DrJacoby

    DrJacoby Established Member

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    Great idea! Next time a terrorist starts stabbing me in the chest I'm gonna pull out my phone, log into my GoDaddy account, and start transferring my domain names. Oh I almost forgot; and then call my girlfriend to tell her where to sell them.
     
  12. Mekason

    Mekason Established Member

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    lol... like you fix ya death day
     
  13. Mekason

    Mekason Established Member

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    Have your passwords and authentication keys logged in a software and entrusted to your NOK.
    He/she will probably be able to access the keylogger through a password taken care of in your will.
    Include as much details as possible in the log; if the NOK doesn't fancy the idea of domaining, then so be it. ..dead men tell no tales..
    once in a while, mother nature has a way of rotating fortunes.
    IMO:zippermouth:
     
    Last edited: Nov 5, 2020
  14. johnn

    johnn WeSellName.com PRO VIP ★★★★★★★★★★

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    Why do I care if I died?
     
  15. Steve Andersen

    Steve Andersen Established Member

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    Last check goes to mortician and hopefully it bounces :)
     
  16. iAdam

    iAdam iadam.com Gold Account ★★★★★★★★★★

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    If you are nice share your credentials with your best loving one.
     
  17. Bob Hawkes

    Bob Hawkes Top Member NameTalent VIP Gold Account Trusted Blogger

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    I was not able to attend, but @Alvin Brown did a session on this at NamesCon. Here is a summary
    https://www.namepros.com/threads/estate-planning-for-domain-investors-takes-center-stage-day-three-of-namescon-global-2020.1175583/

    Perhaps he would be kind enough to share his comments in this thread as well.

    I am sure there was a thread at NamePros on exactly this topic about 2 yr ago but still searching for it. I will give link when I find it.

    I have a few personal thoughts, but will share them a bit later. One important thing is to make sure someone has access to your accounts of course.

    A serious, but important, topic.

    Bob
     
    Last edited: Nov 6, 2020
  18. pb

    pb Top Contributor VIP ★★★★★★★★★★

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    Just make sure you educate *someone* (spouse, partner, kid, sibling etc.) about the value of domains or else leaving them the passwords won't to much good anyway.
     
  19. karmaco

    karmaco Top Contributor VIP

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    When I die I hope to rest in peace ✌️
    Only those with super valuable top tier dictionary word dot coms need to have a plan in place for those digital assets imo
     
  20. alcy

    alcy Top Contributor VIP

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    to take over hell
     
  21. CraigD

    CraigD Top Contributor VIP

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    Death and taxes.
    The only two certainties in life.
     
  22. roynsdx

    roynsdx Established Member

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    *just a quick random thought*
    we can create a non-profit company that domainers can trust their domains with. in case we die the company will somehow be able to manage/sell the domains and either send the money to people we choose or donate the money to a charity organization.
     
    Last edited: Nov 6, 2020
  23. NickB

    NickB it's a mystery VIP

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  24. roynsdx

    roynsdx Established Member

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    *just a quick random thought*
    use a service like the one offered by futureme.org to send an email to the future with all the information and instructions about your domains to someone that you want him/her to inherit your portfolio
     
    Last edited: Nov 6, 2020
  25. ramkumaritrvs

    ramkumaritrvs Happiest man in the world PRO VIP

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    i have prepared the doc for all my domains with username, password, past highest offers (including lead details) in spreadsheets. (I have saved crypto holding details too in another sheet)

    i can't explain in & out about domaining to my wife, so told about namepros.com. If I die, she may contact someone/admin in this forum to sell my domains, at least for reseller price. I have told to share the doc because it has the info.

    I wish long life for everyone :xf.grin::xf.smile:(y)
     
    Last edited: Nov 6, 2020

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