Settling an Estate: What Does the File Need?

Name: The Grand Junction Gold Guy
Address: Grand Junction, CO, US
Telephone: +1-970-404-4653
Price range: $$

A few plain questions for whoever is settling an estate with coins, bullion or jewelry in it, and a clear first step at the end.

Two minutes for an executor, a family helper or an heir: what the file needs as you have been told it, whether there is a date, who must agree and whether the items can travel.

The questions

Which of these is closest to your part in the estate?
- I am the executor or personal representative
- I am helping a family member who is handling it
- I am one of the heirs
- I handle it for a client, as an attorney, a trustee or a trust officer
- Something else
What is in the estate?
- Coins
- Gold or silver bars or rounds
- Jewelry or silverware
- A mix of these
- Something else
- I am not sure yet
Has anyone said the estate's file needs a written value for these items?
- Yes, we were told one is needed
- It may be needed, but we have not been told yet
- No, we were told it is not needed
- I do not know
Is there a date you are working to?
- Yes, within about a month
- Yes, one to six months away
- Yes, more than six months away
- No set date
- I am not sure
How many people, including you, must agree before anything is decided about the items?
- Only me
- Two or three people
- Four or more people
- I am not sure
- I would rather not say
Can the items be brought in, or would they need to be seen where they are?
- They can be brought in
- They would need to be seen where they are
- Some of each
- I am not sure yet
Is an attorney or another professional already involved?
- Yes, an estate attorney
- Yes, an accountant or a trust officer
- Yes, more than one of these
- Not yet, but one may be
- No, and none is expected
- I would rather not say
What would you like to happen with the items?
- Sell them
- Have them valued first, then decide
- Divide them among the heirs
- Keep them in the family
- Sell some and keep some
- I have not decided
- That is not mine to decide

All quizzes

Other quizzes

Are You Sitting on Sellable Gold?: Find out whether what's in your drawer is worth selling, and what to do about it. About three minutes, no obligation.
Where Are You in Your Family's Legacy?: Two minutes, no dollar figures. Find your place in your family's chain and the stage of life the book would put you in.
What Did They Leave You?: Two minutes about a collection that was passed down: how it arrived, who is part of it and what you would like to happen. We never ask for a value.
Which Gift Would They Keep?: About a minute. Who the gift is for, the occasion and what matters most about it, and one suggestion at the end.
What Are You Hunting For?: About a minute for collectors: the series you collect, raw or graded, the set you are building and what you are looking for next.
Your First Ounce: Where Would You Begin?: Two minutes for a first-time buyer: what has held you back, whether you would rather learn, talk or buy first, and what you want to understand. We never ask how much.
What Kind of Stacker Are You?: Your motivations, habits, and preferences around holding precious metals.
How Is Your Portfolio Positioned for Metals?: A self-assessment of your current allocation, time horizon, and priorities -- not advice, just a mirror.
Coin & Bullion Knowledge Check: A trivia-style check on bullion and coin-collecting basics -- purity, grading, and terminology.
What Should You Buy Next?: A quick product-fit check: bullion, government coins, or graded rarities -- and what budget makes sense.