What if the Will does not specify who is to receive collectibles and more than one beneficiary wants the same thing?

July 11th, 2018

This can be a difficult situation and can create lasting friction amongst family members, especially if the collectible has sentimental value.

If the beneficiaries refuse to come to an agreement, the only option for the executor is to draw names.

If the collectible is valuable, the executor must include its appraised value in the general estate, ensuring […]

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