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This is great advice. At minimum, if your collection is valuable and your
beneficiaries are not knowledgeable about collecting, I'd recommend these off the top of my head: 1) the most valuable items being in a vault (bank, etc) that a beneficiary can also access. (In other words, make sure your beneficiaries aren't blocked from basic access to the items themselves.) 2) come up with a plan for what is going to happen with the items when you are dead. Save them? Split them? Sell them? I'd also recommend providing a direct contact to a trustworthy human source if selling is the choice, such as a fellow collector/friend, an auction house, etc. This would be a person who can give sage advice on what to do/where to go. 3) If your collection is incredibly valuable, legal documents are wise. I' am hardly perfect in this regard, but my family will at least be on the right starting block. Trent King |
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