What assets will be transferred ?

We can transfer all the assets you have on your account.
All you need to do is to approve every token you want to be transferred.
If you have staked crypto and have a token attached to it, it will be transferred too.
If you have an NFT and it needs to be transferred for an inheritance, it will first need to be sold and then divide the amount between the inheritors.
However, if you have locked assets into a protocol, we can't unlock them for transfer.
That's why you have the responsibility over this, make sure most of your crypto isn't locked into a smart contract, or at least it needs to have a transferrable token so it's not a problem for Guard.