Resources for executors and Estate Administrators

WSJ: The Family Heirlooms That Our Children Don’t Want

WSJ: The Family Heirlooms That Our Children Don’t Want

April 23, 2021

The Family Heirlooms That Our Children Don’t Want

Source: The Wall Street Journal

The link: https://www.wsj.com/articles/the-family-heirlooms-that-our-children-dont-want-11618068175?mod=e2fb&fbclid=IwAR29oewfKmYbGJdGwpfEXeA72VIKBnpTRQ9RAITDah6hu1Ng-DY-bkpfwoA

 

Before the dust settles, in the midst of the dust and fog, an heir might find themselves in their parent’s home looking around at the furniture, space, the things, wondering how do I do this?

The Wall Street Journal, in an article by Robbie Shell, touches on one aspect of this phenomenon, the “special” things. The article provides consideration of the points of view across generations and relations which are helpful in understanding the process and perspectives.  In this context, the article treats the weight on a decisionmaker’s shoulders in a practical way, offering an unjudgemental look at the subject, in a helpful, thoughtful way.

Heirlooms, special things, memories.  Some items haven’t seen the light of day since the previous generation crossed this threshold and told you, “this is very special”.  Now, you find yourself in the position of standard-bearer.  For the sentimental, this is nearly unbearable,  each decision like a re-burial.

We like this article because it gives a bit of wisdom to help the pending dilemas: toss, keep, pass on…