Labeling Hardware Wallets for Estate Planning
Estate attorneys increasingly encounter clients with hardware wallets and no documentation trail. Labels are a small habit that pays off during vault audits and checkpoint sessions.
We recommend labels that describe purpose and location, not key material. “Long-term savings — master bedroom safe” tells a trustee more than “Wallet 2.” Avoid writing passphrases, PINs, or partial seed words on labels; those belong in separate secure storage.
During vault audits, we catalog devices by the labels you apply. When heirs open a safe years later, matching a physical device to an inventory row reduces guesswork. Combine labels with a checkpoint report that records balance summaries as of a specific date, and trustees have both identification and financial context.
Some clients use color-coded cases instead of adhesive labels. That works if the color scheme is documented somewhere the trustee can find—often in the same report we prepare.