I once heard of someone asking her grandchildren to go around the house putting Post-it notes on the things they wanted after she was gone. Is it enough to put Post-it notes on things in your house to say who gets them after your death? I suppose it’s better than nothing, but there are definitely problems that might introduce:
- What if they fall off?
- What if someone take the Post-its or moves them around?
- What about items without a Post-it note?
Of course Post-it notes are not a legally binding way to transfer your property after death. Instead, you should put these instructions in your will or trust, or add them to your “special stuff list.”
What is the “special stuff list”? It’s a list, authorized by your will or trust, that specifies where you want items to go (such as family heirlooms, jewelry, collectibles, etc.). Once you sign and date the “special stuff list,” be sure to keep the list with your important papers, plus send a copy to your attorney so it will be available later.
Personal property disputes are often at the root of the most difficult family conflicts. Make sure your family knows your wishes.