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<p>[QUOTE="Maxfli, post: 3336367, member: 69089"]Otis, if you learned anything from this thread, I hope it's this:</p><p><br /></p><p>1) Don't do anything potentially illegal to hide your collection or its true value. That's just asking for trouble.</p><p><br /></p><p>2) Stop asking internet coin geeks for legal advice and talk to a lawyer.</p><p><br /></p><p>With that said, I'll leave you with one observation about this comment:</p><p><br /></p><p><br /></p><p><br /></p><p>Your wife may very well have a legal claim to half your collection, but I doubt she has legal grounds for forcing you to sell it for her.</p><p><br /></p><p>Pending counsel from your attorney, one approach could be to divide the collection into two halves of equal value. Make sure as many of your favorite coins as possible go into your half, and if you have some less-loved coins you've considered selling (most of us do) put those in her half. Just keep the values equal.</p><p><br /></p><p>Turn over her half of the collection to her, maybe along with some recommendations about ways to sell them. There — you've fulfilled your obligation.</p><p><br /></p><p>Should a court rule that you, as the coin expert, must sell her coins for her, you might be able to demand compensation for the time you'll spend doing it. Selling coins at fair market value can be a time consuming process.</p><p><br /></p><p>Just food for thought. But first, get off this thread and into a lawyer's office.[/QUOTE]</p><p><br /></p>
[QUOTE="Maxfli, post: 3336367, member: 69089"]Otis, if you learned anything from this thread, I hope it's this: 1) Don't do anything potentially illegal to hide your collection or its true value. That's just asking for trouble. 2) Stop asking internet coin geeks for legal advice and talk to a lawyer. With that said, I'll leave you with one observation about this comment: Your wife may very well have a legal claim to half your collection, but I doubt she has legal grounds for forcing you to sell it for her. Pending counsel from your attorney, one approach could be to divide the collection into two halves of equal value. Make sure as many of your favorite coins as possible go into your half, and if you have some less-loved coins you've considered selling (most of us do) put those in her half. Just keep the values equal. Turn over her half of the collection to her, maybe along with some recommendations about ways to sell them. There — you've fulfilled your obligation. Should a court rule that you, as the coin expert, must sell her coins for her, you might be able to demand compensation for the time you'll spend doing it. Selling coins at fair market value can be a time consuming process. Just food for thought. But first, get off this thread and into a lawyer's office.[/QUOTE]
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