Wills

The Final Sale

An often overlooked aspect of holding a valuable portfolio of stamps is the subject of how your investments are dealt with in case of your death. Your executors may have little or no knowledge of the value of your portfolio and how much just one stamp can be worth. It may be left as a bequest to a family member who knew of the stamps’ existence but was totally unaware of the potential value. Unwittingly, they may sell the stamps through a wholly inappropriate channel, realising a fraction of the value.

In this respect, if the stamps are to be sold, it makes sense to leave some reference to one or two preferred dealers or auction houses that ought to be approached on the event of your death, secure in the knowledge that your collection will hopefully realise its true worth for the beneficiary.

© Copyright 2008 Philatelic Investor

Philatelic

  Investor

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