Owner preparation pack
Your preparation plan
Generated 2026-10-27 · Rule version 2026.10-3 · Based only on your answers. Not an audit, certification or recovery guarantee.
Your next three actions
Every “Resolve first” item is listed; the rest follow your chosen goals.
- Your passphrase is an extra dependency with no plan. Decide on a way to record or recover the passphrase that does not rely only on your memory, stored separately from the recovery phrase.
- Confirm your trusted person knows the help source and red flags. Walk through the briefing’s ‘Never do this’ list.
- Re-check after your setup changed. Repeat the maker’s documented verification for the current setup.
Resolve first (1)
Your passphrase is an extra dependency with no plan
With a passphrase, the recovery phrase alone opens a different wallet. If the passphrase exists only in your memory, illness or forgetting could make the funds unreachable.
- Decide on a way to record or recover the passphrase that does not rely only on your memory, stored separately from the recovery phrase.
- Read your wallet maker’s official passphrase guidance before changing anything.
Trezor passphrase FAQ (official) (opens in a new tab)PIN, passphrase and recovery phrase
Confirm these details (1)
Confirm your trusted person knows the help source and red flags
A brief run-through is usually enough.
- Walk through the briefing’s ‘Never do this’ list.
Improve your preparation (5)
Re-check after your setup changed
Changes like a new device, a passphrase or a moved backup can make an older verification out of date.
- Repeat the maker’s documented verification for the current setup.
- Update your owner plan with what changed and when.
Your devices share one recovery dependency
A spare device holding the same wallet reduces your dependence on any one device. But every device and the backup share the same credentials: if the backup or recovery words are exposed, the same funds are at risk on all of them. And if the backup is lost, your recovery options shrink even while a device still works.
- Treat the shared backup as a single point of failure and plan its storage and discretion accordingly.
- Store the spare device separately from the main one and from the backup.
Leave instructions a trusted person can find
Use the family briefing in this pack. Print it and complete the blanks by hand, offline. It should explain where to look and whom to ask — not contain your secrets.
- Print the family briefing and fill in the blanks by hand.
- Tell your trusted person that it exists and roughly where it is kept.
Leave instructions without sharing secretsA crypto emergency plan your family can understand
Do a tabletop walkthrough — without resetting anything
Read your plan out loud step by step and check each step makes sense. Do not wipe or reset anything to ‘test’ recovery.
- Set aside 30 minutes and walk through the scenarios in this pack.
- Note anything you could not answer and fix it.
One event could take out every route back
If the device and all backups sit in one place, a single fire, flood, burglary or move could remove all of them together.
- Review whether an independent recovery route in a separate location makes sense for you.
- Weigh discretion and access: a second location must still be reachable by you.
Already documented based on your answers (3)
A backup exists
You told us a backup of this wallet exists.
Alternative to your usual phone or computer
You told us you could still access your wallet without it.
You know where official recovery instructions are
Keep that address in your plan.
Scenario walkthroughs
Scenario 1 — A device is lost, broken or stolen
Matches your goal
You would rely on
- Your backup (verified with a documented method)
- Your passphrase (currently only in your memory)
- Your spare device (same wallet)
- Official recovery instructions from the wallet maker or provider
Gaps from your answers
- Your passphrase is an extra dependency with no plan.
- Re-check after your setup changed.
- Your devices share one recovery dependency.
First steps
- Pause to verify the situation: a lost device is not the same as exposed recovery information.
- If theft is possible, consider whether a backup or passphrase could also be exposed, and seek verified, setup-specific help promptly.
- Do not reset, wipe or move funds on general advice; follow the official steps for your setup.
Scenario 3 — You are unavailable
Matches your goal
You would rely on
- The family briefing in this pack
- A trusted person who can find it
- Your backup (verified with a documented method)
- Legal processes where you live for ownership (separate from access)
Gaps from your answers
- Your passphrase is an extra dependency with no plan.
- Confirm your trusted person knows the help source and red flags.
- Leave instructions a trusted person can find.
- Do a tabletop walkthrough — without resetting anything.
First steps
- Your trusted person reads the family briefing first.
- They contact help only through sources listed in it.
- Nobody legitimate will ask them to type recovery words into a website.
Scenario 2 — The wallet company or app is unavailable
You would rely on
- Your backup (verified with a documented method)
- Your passphrase (currently only in your memory)
- Its format (e.g. word count or standard)
- Notes on what other wallet software could read it
Gaps from your answers
- Your passphrase is an extra dependency with no plan.
- Re-check after your setup changed.
First steps
- Check the provider’s status page or official channels you find yourself.
- Ignore unsolicited ‘migration’ messages.
- Compatibility between wallets is not guaranteed; research before acting.
Scenario 4 — One event affects your home
You would rely on
- Any recovery route kept in a separate location
- Your backup (verified with a documented method)
Gaps from your answers
- One event could take out every route back.
First steps
- Note which items survive the event.
- Use the surviving route with official instructions.
- Update your plan once access is secured.
Your answers
- What would you like to be prepared for?
- Losing or breaking a device; Me being unavailable (illness, accident, death)
- Which best describes how your main wallet is set up?
- Single-signature hardware wallet
- Which wallet do you mainly use?
- Trezor
- How many hardware devices do you use for the wallet you are reviewing here?
- Two
- Do those devices all hold this same wallet, or are some set up as separate wallets?
- All hold this same wallet (one shared backup)
- Does a backup of this wallet exist (for example a written recovery phrase, backup shares, or your provider’s recovery method)?
- Yes, a backup exists
- Have you verified the backup using a method your wallet maker documents?
- Yes, verified with a documented method
- Has the setup changed since that verification (new device, passphrase, new wallet, moved backup)?
- Yes, something changed
- Could one event — a fire, flood, burglary or move — affect your device and every backup at once?
- Yes, one event could
- If your usual phone or computer were unavailable, could you still get access?
- Yes, I have an alternative
- Does your wallet need an additional passphrase to open (different from a device PIN)?
- Yes, a passphrase is used
- Is there a way to recover the passphrase that does not rely only on your memory?
- No, only I remember it
- Do you know where your wallet maker’s official recovery instructions are?
- Yes, I know where
- Could a trusted person find your instructions if you could not help?
- No
- Would that person know where to get legitimate help — and what to avoid (fake support, sharing words)?
- Not sure
- Have you ever talked through a recovery step by step, without actually resetting anything?
- No
Tabletop rehearsal checklist
About 30 minutes, on paper. Nothing is reset, wiped or restored.
- Sit down with your plan on paper. Do not touch the device, backup or any wallet app during the rehearsal.
- Read Scenario 1 aloud and point to where each item you would rely on is kept — by location label only.
- Name the official recovery instructions you would use and how you would reach them without a link from a message.
- If a passphrase is involved, say how it would be recovered without your memory — without saying the passphrase.
- Ask your trusted person to read the family briefing and explain back what they would do first and what they must never do.
- Write down every step you could not answer, and add it to your next actions.
- Set the next review date. Nothing was reset, wiped or restored to ‘test’ it.
Owner completion worksheet
Complete this worksheet by hand, on paper. Keep sensitive details — recovery words, passphrases, PINs, exact storage locations and personal contacts — on paper and offline only. Never type them into this website or any app.
- Wallet / model label
- A neutral name, e.g. ‘Main hardware wallet’
- Official recovery guide URL
- Typed in yourself from the maker’s site
- Backup format
- e.g. 24 words, 20-word share set — never the words
- Last official verification: date and method
- e.g. on-device check, documented procedure
- Alternative access procedure
- If your usual phone or computer is unavailable
- Passphrase used? [ ] Yes [ ] No — recovery plan exists? [ ] Yes [ ] No
- Tick only. Never write the passphrase here
- Trusted person prepared? [ ] Briefing given [ ] Location known [ ] Red flags discussed
- Tick only
- Next review date