Today I'm sharing a cautionary tale from John Sewell, an art and antique appraiser, who recently posted an article on www.estatedebate.com. In the article, Mr. Sewell talks about a few cases in which household items that didn't seem like much turned out to be very valuable items. This really could happen to any one of us who acts as an executor. Click here to read the article.
The reason it's so important for executors to value estate items properly is that executors can be held personally liable for losses to an estate. This means that if you, as an executor, sell an item for peanuts and it then sells to someone else for thousands of dollars, you might have to come up with those thousands yourself to make it up to the estate. So please check out this article!
Practical, real-world information about wills, estates, inheritance, executors, and elder law in Canada
Showing posts with label art. Show all posts
Showing posts with label art. Show all posts
Thursday, March 7, 2013
Friday, February 4, 2011
Art and Alzheimer's at UVa
Posted by
Lynne Butler, BA LLB
Here is an interesting and positive story about how museums are adapting not just to accommodate seniors with Alzheimer's disease, but to actively work to give them positive results. I hadn't ever thought of museums in this way but it seems a wonderful idea. Click here to read the story.
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