I was reading this article at Ars Technica about a man whose 13 year old son passed away. He'd love to be able to capture those prized moments and memories.
I think Apple should do this. I think there should be some mechanism for deceased phone owners, especially if they are minors. Why not create a system where the requestor could ship their phone somewhere, some Apple clearing house that would take are of this... perhaps post all the data on a secure location for them to download or give them the opportunity to purchase a memory stick with the data.