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. Evan was talking to Bob Roswell about possibly doing a talk at VCF next year on this subject. Insurance: I can tell you that I had insurance with a company called Collectibles Insurance Services but I let it lapse because in my case it was better to just lump in with my business as inventory insurance. It's easier to add a rider in for vintage computers as business inventory in my case. Persons who don't have an incorporated business might want to contact Collectibles Insurance Services about their own collections. It may be "cold" to say this but the best thing that can happen at least financially is to get the big payoff from a fire or flood. It saves you the trouble of listing, packing, shipping should a disaster hit your collection. You'll get replacement value, which is a lot more than actual sales value when you add in man hours to make the sales. 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. Reality For these reasons describe above it's best to distribute what you have before it's too late. Sell it slowly as a small retirement savings or 2nd income. Or start your museum while you're still young and have the energy for such things. You can't take it with you. Bill
On Tue, 24 Oct 2017, william degnan via vcf-midatlantic wrote:
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.
My wife has orders to contact Evan and Bill Degnan to assist in disposition. :-) Mike Loewen mloewen@cpumagic.scol.pa.us Old Technology http://q7.neurotica.com/Oldtech/
participants (3)
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Kelly Leavitt -
Mike Loewen -
william degnan