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Wow! It really seems to be a hard decision. I have a friend and shes now 46. No more hope in having children. She is kinda regretting that she bought a lot. She is thinking of selling them but shes still quite fond of them. Shes just worried that now that shes living alone, her investments would just be wasted if anything unexpected happens to her.
She could probably have a clause in her will that her estate (her jewelry in this case is her concern) could be sold to (name an auction house or jeweler she selects) the proceeds from the sale can be given to charity.
This is a great question. When my husband's mother passed away (before I met my husband) my FIL held onto everything. Eventually he gave it ALL to my SIL. Sadly, my daughters have no family heirlooms from their father's side. The sister has held onto literally everything.
My pieces will be divided among our children This is one reason why I purchased several VCA necklaces as two 10's (vs one long 20). My plan is to start giving it away while I'm still alive in order to enjoy seeing them enjoy the pieces.
People get really weird sometimes about valuables after loves ones pass away. I don't want to create hard feelings once I am gone.