- Joined
- Nov 20, 2001
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And what steps if any have you taken to ensure this happens?
One reason I'm asking is that I once read a post by a Japanese sword collector who recommended that you give away your swords to another collector. His point was that if you sell them, your collection is lost and if you donate them to a museum, you don't know what will happen to your pieces (maybe the museum will only be interested in 1 or 2 and leave the others unseen, etc). On the other hand, if you give them to a fellow collector you know & trust, they will be kept together, well taken care off, and appreciated.
Of course, a collection can mean a good deal of money but they should be a small % of your total assets. Finally, in most cases nowadays, inheritances are not critical to the well being of your children (since we live so much older now - if I die at 80, my son will be 43 by then, and that's because I got a late start at fatherhood.)
What do you guys think?
One reason I'm asking is that I once read a post by a Japanese sword collector who recommended that you give away your swords to another collector. His point was that if you sell them, your collection is lost and if you donate them to a museum, you don't know what will happen to your pieces (maybe the museum will only be interested in 1 or 2 and leave the others unseen, etc). On the other hand, if you give them to a fellow collector you know & trust, they will be kept together, well taken care off, and appreciated.
Of course, a collection can mean a good deal of money but they should be a small % of your total assets. Finally, in most cases nowadays, inheritances are not critical to the well being of your children (since we live so much older now - if I die at 80, my son will be 43 by then, and that's because I got a late start at fatherhood.)
What do you guys think?