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<p>[QUOTE="Conder101, post: 145467, member: 66"]One piece of advice that no one has mentioned. Make sure you have a WRITEN (and prefereably signed and noterized) document stating that 1/3 of the coins are your, 1/3 your cousins, and 1/3 your sisters. Make sure there is a copy in the box and each recipient should have a copy. (This is to prevent any squabling in the family later over who gets what. I would also recommend a set of ledgers, also in triplicate, that records every time another coin is added. The problem is that since they are in YOUR box you are leaving yourself open to accusations that you might have removed some of the coins. (I'm not saying that this will happer, it is just a CYA good idea.) And I would NOT have grandma mention these coins in her will. One good thing about them being in a box not in her name is that it is eazy to make that asset "disappear" and never show up in the estate. If the box was in her name it would be sealed upon her death and the contents inventoried. On the bad side, if something happened to you they might be included in YOUR estate and your sister and cousin would lose out, UNLESS that document from your grandmother was there to prove that only 1/3 of them were yours and the rest belonged to others.</p><p><br /></p><p>I know you say she is in good heath and that ylou are young and heathy as well, but accidents, say drunk drivers, don't just happen to sick people who were about to die anyway.</p><p><br /></p><p><br /></p><p>And in the 1970's they said the world would run out of oil by the end of the 80's.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 145467, member: 66"]One piece of advice that no one has mentioned. Make sure you have a WRITEN (and prefereably signed and noterized) document stating that 1/3 of the coins are your, 1/3 your cousins, and 1/3 your sisters. Make sure there is a copy in the box and each recipient should have a copy. (This is to prevent any squabling in the family later over who gets what. I would also recommend a set of ledgers, also in triplicate, that records every time another coin is added. The problem is that since they are in YOUR box you are leaving yourself open to accusations that you might have removed some of the coins. (I'm not saying that this will happer, it is just a CYA good idea.) And I would NOT have grandma mention these coins in her will. One good thing about them being in a box not in her name is that it is eazy to make that asset "disappear" and never show up in the estate. If the box was in her name it would be sealed upon her death and the contents inventoried. On the bad side, if something happened to you they might be included in YOUR estate and your sister and cousin would lose out, UNLESS that document from your grandmother was there to prove that only 1/3 of them were yours and the rest belonged to others. I know you say she is in good heath and that ylou are young and heathy as well, but accidents, say drunk drivers, don't just happen to sick people who were about to die anyway. And in the 1970's they said the world would run out of oil by the end of the 80's.[/QUOTE]
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