Creating a “special stuff list” will go a long way in keeping the peace once you’re gone.
Sadly, in my line of work, I see families fighting much more often than I would like. And while the media might lead you to believe it’s all about the money, oftentimes the fights are about things like Grandma’s curio cabinet full of keepsakes.
Here are 7 things to consider when making your “special stuff list”:
1. What did your parents or grandparents pass down to you that you want to pass on?
A Few More Things to Consider
While creating your list, don’t assume the things you find valuable will be the same things your family finds valuable. It’s always better to communicate about what you want to leave, and to whom, beforehand. Maybe you want your granddaughter to have your birthstone earrings, but maybe she’d rather have that old battered, blue pottery bowl that you used to make pudding in when she visited. You might never know the bowl was meaningful to her without a conversation, and you might even throw it out without any consideration, thinking, “Nobody’ll want this ol’ thing.”
A good resource on the matter is Who Gets Grandma’s Pie Plate, a resource developed by University of Minnesota professor, Marlene Stum. On her website, Stum gives tips about broaching the awkward topic of inheritance. Read Critical Conversations About Inheritance: Can We Talk? here for more. This article, from Consumer Reports, also has some good tips.