We don’t like to think about it, but there are several situations where our art, antiques and collectibles will be affected in a major way. Life’s events have a way of separating us from our possessions.
The Canadian Chapter of the International Society of Appraisers recently posted a good article on the subject titled “Not Till Death, Debt, Divorce Do We Part” by Julia McLaren. It discusses the first three D’s and how proper planning and use of professional appraisers can assist during these times.
I would like add a fourth “D” to the list ….. disaster. Our beloved objects can be damaged or in the worst case scenario, destroyed. I discussed this subject in an earlier post titled “Protecting Your Valuables from a Disaster”.
Protection of your collection and planning for the future is essential. By having an inventory and professional appraisal, you can make informed decisions regarding insurance, donation, division or liquidation. At the end of every episode of the TV show “Strange Inheritance” they remind us “you can’t take it with you”.