[Qcwa] HAM RADIO ESTATES

[Jerry Kincade]

QCWA'ers:  Good food for thought here, passed along with permission from the
author.
73 to all,
Jerry W5KP  Chapter 63



> Fellow Collins & Boatanchor aficionados,
>
> In reading the recent thread concerning asset disposal after our passing,
I though I would briefly describe what I have set up.
>
> Somewhat unintentionally, I seem to have amassed a wide range of amateur
radio equipment and related items. As many of you have indicated, I too
maintain an inventory that I update periodically. But, such an inventory
can't begin to relate the need for certain manuals to go with certain
equipment, that HRO coil sets should not be sold separately from the HRO
itself, or little nuances of S/Lines having weighted tuning knobs and a full
compliment of optional filters.
>
> Therefore, I described to my lawyer the uniqueness of my radio assets and
the fact that none of my heirs are at all conversant about them or their
value. I did tell him that I do have friends in the local area who I trust
that do know the general value of this equipment and what routes of disposal
are currently available.
>
> He then generated some language to serve as a guide to my administrator in
working with a list of such designated persons. These designated persons are
NOT a part of the will, but the existence of these persons is referred to in
the will and as such these designees can be changed without changing the
will itself. Thus, as conditions change; I move, designees move, become
incapacitated or die, etc. the list can be kept current.
>
> Some of the conditions are:
>
> I have contacted each of the designated persons to insure their
willingness to accept the responsibility.
>
> Upon the need of their services (my death), they may each select one item
from the radio equipment in my estate.
>
> They have free rein of establishing a fair disposal price and how these
assets shall be disposed of.
>
> They are to be reimbursed for all their expenses.
>
> They are to receive 10% of the gross sales for their services.
>
> They have one year to accomplish the disposal.
>
> They shall serve without bond.
>
> .
>
> I guess I should add that my heirs have full knowledge of this provision
and that I am divorced, thus no widow to be second guessing the actions of
these designees. Also, my heirs are all grown adults and successful
(thankfully), so they will not be hounding the designees for a rapid
conclusion of the process.
>
> Pardon the bandwidth.
>
>
> 73
>
> Al, K0AL
>
>