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Sunday, January 24, 2016

The forgotten, macabre world of mourning jewelry

While the modern world of estate-planning is much different than it was in Victorian times, it is not the only thing that has changed. The customs and traditions around the passing away of a loved one have changed immensely. For example, mourning jewelry made from the hair of the deceased person is no longer in fashion. The Huffington Post recently carried an interesting article about the role mourning jewelry played in the days before we had photography to help keep our deceased loved ones close to our hearts. Click here to read the article.

The attached photo of a mourning pin accompanied the Huffington Post article and is credited to Sotheby's.


  1. Hi Lynn,
    My question is unrelated to this thread but was uncertain where else to put it.

    I am the executor of my father's will. All has gone well and I am now at the point of distributing funds to each of the beneficiaries. One of the beneficiaries is my middle aged brother is on a disability fixed income and although I have checked into it he could receive his money in a lump sum without it affecting any of the income he now receives. However he does not want receive his share ($33,000) in a lump sum because, by his own admission he is not good with money, so would like to receive the funds in $800 monthly payments without having the ability to have access to the total funds himself so as not to be tempted. My questions is are there any tax implications to me if I withdraw the money from the estate account, put it in an account in my name with automatic monthly payments to him each month in an amount he would always agrees to, until the account is drained.

    Thanks you for any advice you can give me.

    1. Hi Lisa,
      I think there's a better way. You should never mingle estate money with your own. I suggest that you talk to a financial advisor or banker, who can set up either an annuity or some other financial plan for your brother. They can make the payments he needs (and good on him for realizing he isn't good with money) as well as making sure that the money lasts as long as possible due to proper investing. This is safer for you, and would work well for your brother.


  2. Check into a Registered Disability Savings Plan as well.


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