blueiron Posted July 12, 2018 Share Posted July 12, 2018 Here's the scenario: I'm mostly retired for now, still doing some research in academia, and full on retirement not far away. No children, a wife, no siblings, and one brother-in-law and his family whom I've never really connected with. I've planned for the inevitable and that's all taken care of. The house, the vehicles, the money, the retirement fund, etc. are all going to the spouse and if she dies prior to/at the same time as me, the estate will go to charity. The problem is the firearms. I have some vision issues and I find it less than enjoyable to shoot much anymore, while my wife has her own firearms [one is issued and it must go back when she retires next year] and she isn't a collector or much of a shooter. She wants my old duty pistol and that is hers, but what about all the others? When asked, she preferred that I sell off what I don't want or bequeath them to her nieces and nephews. The girls have zero interest in firearms and the boys aren't proven fully responsible yet, so that is not an option. I can sell many of them off, some haven't seen daylight in years. Some are mementoes - my grandfather's/father's hunting rifle and my great-grandfather's P-08 Luger pistol from being on the losing side of WW1. They have some value, but mostly to me. None are historically significant and donations to a museum won't work. My long time shooting buddy has cancer and I suspect he'll be gone in a short time - so that isn't viable. My choices appear to be to sit on them until dead and then leave the wife to clean up the mess or to sell them off and use the money for something like a trip to Switzerland or investing it. I've sold off my reloading gear, my motorcycling gear, some of my photography gear, and other stuff; but all firearms are dangerous instruments and I want to use due diligence as to their disposition. My choices are: A. Sell them off now as a collection. I would keep one. B. Sell them off individually over time to maximize the cash value. C. Leave the task to the wife and have her unload them for pennies on the dollar - knowing she will not do the research to sell them at FMV. What would you do? P.S. - No, I am not going to hand them out to members here, so thanks, but don't bother to ask. I may be old, but my mind somewhat works. Link to comment Share on other sites More sharing options...
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