Comment Give pieces of a secret key to trusted friends (Score 1) 335
Encrypt your passwords with a GPG secret key. Keep a copy of that key on your hard drive with a complex password that you can remember.
Make a copy of that secret key with a simpler password that all your friends will remember. Split it up into pieces. Put each piece on some fairly durable media and give that piece to a trusted friend, along with the password.
After that, whenever all of your trusted friends decide it's time to unlock your secrets, they can put their pieces together and recover your key. Since you're dead or incapacitated, they can then get to your computer and decrypt your password file.
I suppose that using a parity tool (e.g., "par2create"), you could even create some redundancy in those pieces and establish a quorum number. Your key could then be recovered if say, 5 of your 6 friends agree.
A wrapper could be written to handle the details of this.