Plot twist …
… in the vein of @PhilMongoose’s spot on convenience/security trade-off: how do your heirs access their inheritance you’re managing via that super secured access to your funds?
Probably on the surface doesn’t apply to most of you, at least not yet, seemingly, but for many probably potentially. And if you add the proverbial chance of getting-run-over-by-a-tram, it might actually apply to you even today, and even if you’re young.
Admittedly, less important if your heirs “only” inherit your assets and do not need timely access to the cash flow generated by your assets.
I’m in the category now where my familiy’s assets – managed by me – generate a majorty of the cash flow we consume. I need to make sure that if I drop dead tonight my loved ones can still access that cash flow until officially ownership of the assets is sorted out (which can take months, even in simple cases).
I’m thus interested in having accounts jointly owned (a little bit of a headache with IBKR, simple with Swissquote) and access to cash accounts even with 2FA being relatively simple (again a little bit of a headache with IBKR, relatively simple with Swissquote).