Activate a will and claim fund

Table of contents

Check will's status & claim fund

Once the will is activated

Claim remaining fund

Check will's status & claim fund

Beneficiary can click Check will’s status & Claim Fund, which will prompt the system to check if enough time has passed for the will to be activated.

• If the required time has passed, the beneficiary will be eligible to claim fund. By claiming fund, the beneficiary will pay a gas fee, and the will will execute for all assets and beneficiaries. The status of the will will become Activated.

• If not enough time has passed, the system will prompt an error. The will remains not activated.

Once the will is activated

• If the will is an Inheritance will, or a Forwarding will created with a Safe wallet, listed beneficiaries will be added as co-signers of the designated Safe wallet. The minimum signatures required to execute a transaction previously set in the Safe wallet remains unchanged.

• If the will is a Forwarding will created with an EOA, all approved ERC-20 tokens and deposited ETH will be sent the the Ethereum public addresses of all listed beneficiaries.

Claim remaining fund

• For a Forwarding will created with a EOA, the system can handle a maximum of 100 transactions at a time. If there are more than 100 transactions needed in the asset distribution process (eg. there are 4 beneficiaries and 25+ assets), the system will distribute assets in multiple batches. The button Claim Remaining Fund will be available if there are more assets to be claimed in the will contract.

  
• Once all assets are distributed, the system will show that asset distribution is complete.