One of my clients is aging. OK, we are all aging but she is aging to a point where she wants to be responsible for what happens after she leaves us. Her name is Edith. Edith has accumulated many things during her tenure, here, on Earth, and she has given much thought as to who she would like to see get which trinket or object of perceived value. To her beneficiaries the value may be extrinsic as it will always produce a fond memory of Edith, herself, but does the object have any intrinsic value? How can Edith divide her wares on an even basis to her beneficiaries from an Earthly value perspective?
This weekend I was in a business coaching session and I happened to be sitting next to a woman who would provide a perfect resolve for Edith's dilemma. Barbara is her name and Barbara's specialty is to value vintage jewelery. I thought of Edith right away. What a perfect solution to have such an expert peer through Edith's jewelery collection and make note of any hidden gems?!
Personal Effects Memorandum's are often attached to Wills. They are not legally binding but they do disclose a 'wish' on the part of the deceased to have certain items go to particular people. With full knowledge of her hidden gems and their approximate value Edith could write her own Personal Effects Memorandum and also ensure she is being fair about the value of her gift far beyond the memory of Edith, herself.
If you are interested in getting in touch with Barbara about her specialty, please let me know I will put you in touch!
Happy Planning.
