Go to ...

Featured In

Sell more antiques

Resale Retailing on Google+RSS Feed

February 25, 2018

Estates

Estate Wins Ruling vs. IRS on Art Collection

Rumor has it that estate attorneys all over America are gleefully dancing around their desks. The reason for the lawyerly ruckus was that the Internal Revenue Service had just lost a case with major implications for the estates of collectors. At issue was whether an estate could parcel out an art collection according to the

American Estates are Gaining Momentum: Will Yours Keep Pace?

Freedom of speech; freedom of religion; freedom to peaceably assemble. The American Bill of Rights was created as a framework for American Society. But the real gem created by the Founding Fathers—the one that truly separated American society from British society—isn’t part of the Social Studies curriculum of any American public school. The hidden gem?

Who Gets Your Digital Assets When You Die?

Our lives have become digitized and password protected, and when we die, access to our accounts and rights to the contents thereof die with us—unless we make digital access part of our estate plan. It wasn’t too many years ago that one’s “important papers” were stored in a shoe box, file drawer or safe deposit

Bequeathing a Collection, the Smart Way

To some, leaving behind a meaningful legacy upon death is important. To have built a house, written a book, created a business or performed a heroic deed speaks to one’s character and may have a more lasting effect on future generations than the dollars and cents that are passed on through one’s last will and

Deciding Who Gets Mom’s Belongings

“When I’m gone,” said Mom about a year ago, “I want you each to have back the gifts you’ve given me over the years. I’ve marked them all with a sticker on the bottom.” My siblings and I shot quick glances at each other; we hadn’t expected this. We had gathered at Mom’s for our

safecracking

How to Open, Price and Sell Residential Safes

One of my “go-to” movies when I’m in the mood for a caper-flick is “The Italian Job” starring Mark Wahlberg. In a clever bit of cinematography, Wahlberg’s gang of thieves steal a safe full of gold bars by using explosives to cut a hole in the floor around the safe causing it to crash through

Executors’ Headache: Selling Trophy Mounts

If you were an estate executor and discovered a cache of illegal drugs in a decedent’s home, you’d know not to sell them, right? Of course; everyone knows that there are consequences for selling controlled substances. If you have even a modicum of environmental awareness, you also know that it’s illegal to improperly dispose of

What to do with an Estates Upholstered Furniture

Writer Amy Gale, in her book “Shows, Shops, & Auctions: Essays on the Antiques Trade,” recounts a tale of London surgeon Samuel Sharp, traveling in Italy in 1760. In the late 18th century, says Ms. Gale, the Italian countryside was a place of “hunger, lawlessness and filth.” Dr. Sharp would agree with her conclusion. On

Estate Inventory Instructions

There’s an old saying that goes “What’s the best way to eat an elephant? One bite at a time!” Personal property is the “elephant” of an estate. It’s the responsibility that can take up most of your time, and it provides the estate with the least amount of money for the effort involved. But, dealing

10 Tips on How to Succeed as an Estate Executor

When Sharon called me, she sounded desperate. Her aunt had recently died and Sharon had been assigned to be her aunt’s estate executor. As a certified public accountant, Sharon was well equipped to deal with her aunt’s finances. However, when Sharon walked into her aunt’s house her initial confidence turned to despair; she had no

Hard-to-Sell Estate Items

Previously published on WorthPoint.com It’s fun to think of estates as being filled with hidden treasures, waiting to be discovered and cashed in for Big Bucks. Hardly a week goes by without a news report of a naive estate shopper finding a rare painting, tool, coin or other collectible. The hard truth is that estate

How to Sell the Family Piano

Today, Boomers having to settle their parents’ estates face an “elephant in the room” that isn’t so funny: the family piano. Many pianos are just downright hard to sell nowadays. They are heavy, difficult to move, expensive to repair and keep tuned and technologically backward. Acoustic pianos are rarely sought-after items for middle-class homes. Hardly

Liquidating Estate Tangible Personal Property

Pop quiz for executors: what estate settlement task will take up most of your time, cause you the most aggravation, and return the smallest amount of cash to the estate coffers? Answer: liquidating the tangible personal property. Of course, anyone who has ever served as an estate executor already knows this. To the uninitiated, let

Older Posts››
Copy Protected by Chetan's WP-Copyprotect.