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Old 07-20-2020, 07:20 AM   #7
jb-ob
Senior Member
 
Join Date: Jun 2010
Posts: 640
Default Re: Model A Estate Plans

"Not wanting to be a burden to your kids", wife, attorney, or fellow car buddies to dispose of your garage 'assets', MAYBE it's time you do it.

One of my cars I bought from a gentleman who was 86 and believed it would be easier for his daughter to inherit a bank account than a garage full of cars. I've admired that fellow's sense of responsibility.

I've also accepted the task of disposing two car collections after the owners passed suddenly. A lot of work sorting the piles of debris to sell, only made more complicated by attempting to manage the expectations of the heirs.

No one else knows the value of your collection better than you, certainly not your heirs. The difference in price between what you paid and sell for is your life's enrichment while you owned & enjoyed your collecting. There will be comfort in your knowing you directed selling your collection to those who will appreciate and not total strangers.
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