There are several services for this. If you want to roll your own then tell your loved ones where the seed backup is hidden. Then have a Deadman email set up with your passphrase.
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Thanks, I'll look into that.
Related to my prior response on the 4 attacks multisig may help combat, do you have any thoughts?
Also, is there a given dollar threshold at which you think it may be worth 'upgrading' to multisig even for an anon holder? Like say some guy has a 100k, 500k, 1 million dollars? At some point does the added complexity become worth the effort for (even if only slightly) better security?
There is no way I can answer that. There are just too many variables and it is going to depend on the person and their situation.
$1,000 is a fortune to some people while others spend $500k on a fun night in Vegas.