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Posts Tagged ‘bequests’

There are other reasons for downsizing beyond need or necessity.  And, it’s still not a walk in the park!

We have ‘stuff’ of both sentimental value, and monetary value.  I realized that someone would be wise to tackle it head on rather than leave the job to children who might not have a clue what the valuable things were worth, or find it a burden to have to do it at all.

Most painful was getting insurance coverage to be able to get estimates from prospective buyers, only to learn that the really good stuff was worth very little on the market.  I did not like owning one valuable diamond ring (my Mother’s) that was indivisible: two daughters, five grandchildren; this did not feel right no matter what we decided.   Well, it turned out one daughter wanted it very badly for both sentimental reasons, and the desire to see to it that her children would have it (kept in the family!), so that proved to be the best choice.   I’m making it up to the other daughter in other ways to compensate for the great disparity in economic value. (more…)

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