~snip
That's the reason how important for people to tell this information to their trusted family member so that they can make sure that their funds will be used by their family if there's unfortunate incident happen to them.
It is very important that we do this at some point, but a lot of people literally don't have any plans for this because of different reasons. There are those who probably have trust issues, and those who just don't want to take the chance despite knowing that they' have good people around them.
The truth is, whether we like it or not, there are those whose holdings are going to go with them. Death most times can be unpredictable, and that's while those who ends up sharing their info with close relatives are likely to leave their holdings in the hands of others.
Some people have trust issues, that's correct but I think that the biggest problem is that usually, young people have Bitcoin addresses and their family members, mother and father, who are above 50 in most cases, don't know what Electrum is and how to download it on a computer or a smartphone and how to recover the wallet with seed phrases.
I have some Bitcoins in my wallet but I keep my seeds as only my secret because my family members won't be able to claim them and I can't trust my friends with my coins, despite the fact that they are my very close friends. If my family knew how to claim them, I would tell them but at this point, I'm afraid that they'll ruin it.