ReluctantExec
New Member
- Messages
- 3
Is the jewellery really of high value? Even if the stones & metal is real / good quality, resale values are often low.
If you believe it to be of high value, then I would get a valuation for sale (not insurance, different thing).
As these two people have reached adulthood - I think I would first ask them to come up with a proposal.
If you are able to sit down over a cuppa, thats the best way to start; then lay out the options
A. Item is sold per your valuation
B. Item given to sibling 1, with deduction per valuation
C. Item given to sibling 2, with deduction per valuation
D. They toss a coin, pick a card, whatever
E. If they can't agree on a solution, the choice will be yours and they'll have to live with it.
With any luck you won't get to option E.
I'm assuming these are Mum's wedding / engagement rings, so very important from a sentimental point of view.
If I had to make a choice, I'd give them to the eldest daughter.
What would your sister want. She would want the ring given to the child she would have picked. And that is what you should do. Your sister would not have wanted the ring sold. Your job is to be fair, but also to carry out your sister's wishes.Can I as executor make a decision and give it to one of the children (the one who I think deserves it most)?
To comply with the will, I would deduct the value of it from her share so the other could not have any complaints.
Most household items & jewellery are of low value.value the items and then deduct them
Your sentiment makes sense but it's surprising how petty people can be. I would always recommend adjusting for transparency.In the normal course of events I wouldn't do an adjustment for €300, but in this instance it might help mitigate the situation.
Sorry it took so long to respond but as a new user, I think I might have to wait 2 hours between posts.Also if there are two rings, one potentially engagement and one wedding, surely they could each get one? Or melted down and made into two similar pieces of jewelry?
I am going to be cynical about that. Are you sure who did the most?Sorry it took so long to respond but as a new user, I think I might have to wait 2 hours between posts.
Unfortunately, just the one ring.
Making 2 pieces from the one ring was an alternative that was proposed but unfortunately both want "the ring" and neither is willing to entertain any of the reasonable suggestions.
In my opinion it should go to one who did most of the looking after while she was alive. It looks like the other will just have to to accept it.
Thanks,
RE.
BIt of a daft inference there.It’s so tough for you. I’m an eldest daughter. It would have been very unfair if I was preferred because of age. Don’t do the eldest daughter thing. It’s probably men suggesting this solution.
That's a very sensible decision. Well done you. Many people have no idea what an onerous task being an executor is.Sorry it took so long to respond but as a new user, I think I might have to wait 2 hours between posts.
Unfortunately, just the one ring.
Making 2 pieces from the one ring was an alternative that was proposed but unfortunately both want "the ring" and neither is willing to entertain any of the reasonable suggestions.
In my opinion it should go to one who did most of the looking after while she was alive. It looks like the other will just have to to accept it.
Thanks,
RE.
In my experience ye'd have found something else to fall out over.That was 10 years ago and we haven't spoken since.
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