Does Your Family Know What To Do With Your Coins When U Die?

Every single coin I own is recorded on a spreadsheet, along with it's value, grade and picture. The value is updated each year according to Charlton/trends. My husband has a copy of the spreadsheet both hard a soft. He also knows where the collection is located, be it in the house or bank. And he also been told as to how to proceed IF ne needs to sell it.
You are taking the right steps gidjit.

yes I plan on doing up a will soon, recently had a family memeber die without a will and it was a bit of a nightmare

Put the business card of a dealer or two you trust in your safe deposit box or along with where ever you store your collection

My family certainly knows what to do with my coins when after I die.
I had them write my Last Will and Testament for me, in a round table conference, in front of a lawyer.

My kids are joint executors, only beneficiaries, have joint Power of Attorney and are Joint Enduring Guardians, in case I go 'ga ga'. In the case of a disagreement between them, the Law firm is to act as mediator, and execise a deciding vote, but only if required.

my son very young collects with me so he hopefully goes longer than I do and he won't feel the need to sell and till I die that is pretty much all
I can think of and hopefully when he goes his kids will know what do . Hate thinking about this

Most likely sold to help pay for funeral expenses.
John1

I have a spreadsheet and update regularly.
I put a picture, the price I paid, mintage, approx value, any varieties,
Proof, BU, circ, specimen, or NCLT (COA's recorded).
A link to any CCF topics the coin was noted.
Zoell varieties, Cuds, die cracks, doubling, graded or not.
My wife knows that it will likely be 50% of the value of the coins that a dealer will pay.
Good idea on a business card of a dealer you trust.

Always an interesting topic.

Many times have I seen characters at coin shops with boxes and bags that look like the scene right out of the Scrooge movie where they are selling off his valuables before he is even cold. I have a few friends and some family members pass away that didn't have a will and it was not pretty when the pie was cut and collections sold off after what I presume to be a lifetime hobby. A good idea to make sure there is a will and educate the next in line what they are getting under the tree.

We cant blame anybody that inherits a hobby that is of no interest to them, go to any flea market and we see one man's junk turn into another's treasure. I'm sure a lot of widows wouldn't know where to start and if offered a few bucks which may seem like a good deal to them will jump at it just to be rid of whatever has been collecting dust around the house for many years. Unlike other liquid assets selling a coin collection or similar is not easy to dispose of even for those of us that have contacts and know where to go for a possible sale-- so one can only imagine the task left to others that are in the dark about this. I have decided to put aside a few for my grandkids and sell what I can while I can see the result so I don't end up like Scrooge.