Have you recently experienced a death in your family? Now you have to dispose of the assets. Where did that vase come from? Whose Bible is it? Why does this gold bracelet have charms on it with no one in the family’s name? What do we do now!
You can alleviate a lot of these questions by taking the time NOW to put an identifying note on the bottom of the vase, inside the Bible, under the chair, behind the antique chest, in the silverware box…..anywhere not necessarily obvious but where it can be found with the history of the piece. You can even designate who you would like to have it. This is an easy and simple part of estate planning.
An appraiser can help you establish the provenance of your assets when an appraisal is done whether it is for equitable distribution, insurance, or market value. It can be valuable information for your heirs. We all want to make things simple. Plan ahead with a will, visit an estate planner and call an appraiser.
