-------- Original Message -------- Subject: [vcf-midatlantic] estate planning From: william degnan via vcf-midatlantic Date: Tue, October 24, 2017 3:59 pm
Herb's comments about estate planning as it relates to the unique aspects of vintage computing hoards has come up a few times lately including the IBM PC near-compatibles thread. I created this new thread per his request.
Estate Planning Most likely your collection is not worth as much as you think it is, when you take sales labor into account. Spouses and family often don't care and consider vintage computers junk, and when you go so will your collection (junk pile) Lately how a lot of us acquire our systems, eh? Family members looking to "donate" the items is a nice way of saying dump them, let's face it. These things are NOT like an inheritance of gold coins and one can't just sell them. One has to figure out what they have etc. Most people don't want to do that or can't.
Very true. Often a collection is worth more in pieces - especially on a market like eBay. I've always just told my wife that if something happens to me to call Bill Degnan. But then what? Ideally a few pieces he would hold on to and then direct the sale and/or donation of the remaining via some on-line sellers/brokers. It wouldn't be about a windfall of money for my family, but more about putting it into the hands of others that have a need or want for it -- even if the overall transaction was just break even. Bill, did I tell you I signed you up for this? ...and apologies in advance if this formats wonky Justin