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Old 07-05-2010, 06:58 PM   #13
Comet
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Join Date: May 2010
Location: Charleston, SC
Posts: 59
Default Re: Old Cars and Trusts/Wills

Yeah, I agree with Lurker. My suggestion is to create a document for your primary beneficiary, not attempt to create a legal document. Basically take inventory of what you got, put a price on it and give it to the primary beneficiary. No lawyers. Of course the value of this all gets taken into acct. when your estate is settled, so be careful and realistic on the values. I would tend to be conservative. Or you could tell your beneficiary to work with a trusted friend, or even an estate auction house that specializes in stuff like this. But to attempt to make a legal document with the vaguaries contained in your note would be a huge mess and hassle for your heirs. If you want to do it right, then you need to get an estate planner (ie attorney) involved. I can't stand attorneys but sadly, in American culture they are a fact of life.
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