quote:

Originally posted by Warhorse:

quote:

Originally posted by 12131:

quote:

What are your plans to dispose of your collection when you pass ?

Sell them all before, not when, I pass.

How will you know when "before" is here?

Anytime "before" is a good time. Been thinning the herd quite a bit this year. Oh, I'm not passing anytime, soon, btw.

I need my collection to supplement my forced early retirement. Like some of you I have kids with only a small interest, as well as the fact they live out of state in two VERY unfriendly places. If I pass too soon, many of the pieces would be leaving them with a problem. I should not do that.

I am selling some of the expensive pieces anytime friends and relatives, or acquaintances in our firearms world express interest and would give them a good home. I am currently living this response, 2-4 a year.

Mine will go to my son.

I'll probably sell my collection when the time is right and give the money to a charity or do something on my bucket list.

I'm going the Sara Conner route.

Find my crypt and jackpot!

No kids here. I’ve already told several family members that the guns I got when my dad died will stay in the family. Niece, nephew and one of my cousin’s sons that my dad thought highly of will get to pick one each. What I’ve bought is my wife’s to keep or sell as she pleases with family given first chance.

I told my daughter if anything unexpectedly fatal happens to me, to get to my house before any other relative; count how many guns are there and multiply that number by $400, just as a starting point (some worth less, some worth much more) and at least at that number if she sells them all to one place she won't get shafted. But I told her best thing to do is just call an auctioneer.....nothing I have is sentimental to her or any other relative. And with how ridiculously high auction prices are these days, OMG, I told her it will be more than she will believe. Here's to hoping we don't need to deploy that strategy for a long time.

Great topic!

I have no sons, but 2 grandsons. No indication that either of them is interested in my collection. One is in Special Forces, the other is retired military. My son in law has no interest in guns or hunting.

I have an original Win. 73 that has been in the family since it was purchased new in 1899(?). That goes to oldest grandson if he wants it. If not to the younger one, but not to be sold!!!

OTOH, maybe I should remove that stipulation. Does not make much sense to prohibit sale when neither of them are much interested in guns.

Have to update my inventory as it is not up to date due to recent acquisitions.

I will soon be 82, in good health but one never knows "when the bell tolls".

Thread is a good reminder.

I've already sold several dozen, and have the spreadsheet. I've already given my daughters what they wanted, and made arrangements with a friend with a gun shop. He will sell them for my estate.

Interesting Post:
I was a late bloomer to collecting and loving handguns. Grew up shooting rifles and small pistol and had one at 18 that was mine.

But later in life is where I started to LOVE shooting and SD played a roll and of course just buying a new one and breaking it in. My son was not interested and his two Boys are odd fellows. Basement dwellers raised by their mommy.

My SIL is on his way out due to issues within their marriage and now I'm not sure - It keeps changing. If I go first I want my wife to have her little Bearcat but the rest - May just tell her to take them to my range club and sell them off - Reloading equipment and supplies - Same thing. But If my father had all my stuff I would have loved to have it all. This new generation is a little iffy and maybe too young to care yet.

quote:

Originally posted by Jman78:
I am single also, my best friend will take whAt he likes, and sell the rest, and give the money to any remaining family.

I am single, never married (no kids or grandkids), and my 2 nephews are not "gun people". My Best Friend is my Executor and the Will states that my 2 Best Friends may take any that they want and the rest are to be sold and the money put into the Estate, which goes mostly to my nephews.

flashguy

One of my closest friends of at least 30 years is written into our will. If something should happen to myself and my wife.. they will go to him (NFA and all). When our daughter is old enough she can see if there is anything she would like to have. Right now she’s 8.

I have two sons (28 and 13) and one daughter (17) and two granddaughters (3 and 1) All my nfa stuff is currently in a trust with them listed as beneficiaries. I should probably just add all my guns to it. My oldest is still in the army so he probably can’t take any so my younger two will probably split everything. They currently have duplicate rifles/handguns now so they will just split my stuff.

I am only 46 right now and have no children, but I do have nephews. I have all of them as trustees on my NFA trust. I will most likely sell most of my firearms when I get older, except for home defense guns, to reduce my collection and then give a few guns, mostly NFA items to my nephews.

one thing that needs to be repeated,

in addition to a list (inventory) including current (realistic,, not dream ) values,


be sure to have a list of folks to avoid, and those you trust, to help dispose your stuff if needed,

be sure to add accessories etc to the inventory list,


as a dealer, I have lost count of folks that passed, and the family yard sale'ed the reloading gear, accessories etc,


I know of one life long bachelor that passed and had a large collection of 80's and early 'assault weapons',
the family had the guns removed and sold at auction, but tossed all the original boxes (including paperwork etc) in the trash,