All Time Favorite Jewelry Boxes Of My Mom

Set the Stage – Setup an area to sit and sort your papers. You will want a comfy chair to sit in, a “to be shredded” bag or box, a “to be recycled” bag or box, a “to be filed” bag or box, a “to be put in safe deposit box”, some sticky notes, a pen or marker, and a tall refreshing beverage of your choice.

Your other alternative is to have physical possession of your gold, not in a Safe deposit box for sale. You can bury it in the backyard or hide it in your sock drawer and just wait out the prohibition on gold ownership. The last time they did it, it lasted 40 years.

If you don’t want the worries that may come with storing the gold an EFT or Exchange Traded funds may be the way to go. EFTs are the mutual funds in gold investing. They are simple. You buy the weight in gold you want and the EFT company holds the gold in your name. EFT companies will charge you a fee to hold the gold, but you will not have to worry about storage.

This is a very specialized area. People who are serious about coins live and breathe them. There is no logic, it is completely about special cases. One year can be worth 1000 times another one, and the only way to know is to know. Catalog prices are at best a general guide, but not very useful. Unless you want to become serious about this market and learning about it (10-20 hours a week for a year might get you started, for 20 years is better), my advice is to stay away as an investment.

One solution (well a SORT of solution) is to keep multiple safe deposit boxes at multiple banks in multiple towns. You don’t want to keep multiple boxes at the same bank, because if a fire hits, all the boxes will get destroyed equally.

Not updating the Will: The circumstances of life change, sometimes rapidly. Serious illness, divorce, death of a spouse, adoption, birth of each child, moving from one state to another, receiving a windfall, getting married or remarried, fluctuations in asset value, and deaths of heirs can change what you wish to do with your estate. Update your Will annually, or at least review it annually to make sure needed updates are done.

Not telling where you keep the will: Only have ONE COPY of the will that has been properly executed with signatures. Keep unsigned copies for your own records. DON’T keep the signed copy in a bank safe deposit box, which could be sealed at your death.