Finally, The idea was also responded to by CZ even though I've to wait almost 2 years.

Changpeng Zhao (CZ), founder and former CEO of Binance, has commented on Binance’s new feature and suggested that all platforms should adopt a “will function” to allow users to designate how their assets should be distributed in the event of their death.In a recent post on X (formerly Twitter), CZ wrote: “Every platform should have a ‘will function’—so that when someone is no longer around, their assets can be distributed to designated accounts according to specified proportions.”He also recommended that regulatory frameworks be updated to allow minors to hold accounts. “They can be restricted from trading, but should be allowed to receive funds,” he added.