Helping the heirs

[PapaG]

A friend, fellow trap and skeet shooter, and fellow club member passed two years back. So far I have helped sell bunches of shot, powder, wads and primers (buying what I could afford at fair prices to both sides). Now, the big stuff. Two PW progressives, one 12, one 20, a Hornaday 366 20 progressive, powder dispenser/scale, bunch of Hornaday dies, a case prep center, and a ton of AA and Rem trap hulls. And a big single stage metallic press, also big red.
I'm buying the 12 PW and giving him a deposit on the rest of the whole pile with the understanding I will give him what comes in above what I paid as I sell it off. I'm also giving him and his son loading lessons on the gear they are keeping. There were some nice guns, Ruger #1s, 77s, M 70, 700, plus others. Didnt need any of them. Biggest problem was all the reloads that I won't touch and encouraged him to sell as components only.
Hope someone helps my wife and kids when it hits me. Probably not a problem as they are both hunter/shooters and one reloads.
The PW will keep me and my two high school trap team granddaughters in ammo easily.

 

[Soonerpesek]

That’s a good thing you’re doing…!!

Is any of this going in the “for sale” thread…?

 

[Blue68f100]

Once I run my loaded inventory down I'm not going to load 1000's at a time. Only what I will shoot with in a short period of time. That way most of my inventory will be in components, which are easier to sell (for a better price).

 

[GRIZ22]

I understand. My kids don't want all my guns. They don't want all my reloading equipment and components. Bravo to you for being so conscientious.

I often hear people being concerned about ",fair.price".

Found someone with an inherited gun worth about 800. I could have bought it for.200. Friend if mine was interested. I told him the lady needs the money and the price is 600. Less but she needed the money. I paid the shipping fees to a ffl.

Different situation. A widow offered me 7 handguns. Amongst them a 1918 1911, a S&W M64, ans a Charter Undercover 38. The other 4 guns were decent. Offered her 300.for the 1911 (this waa years ago). She said 300? Take them all. She inherited a multitude million dollar estate and wasn't concerned about a couple of hundred or thousands from the guns.

 

[PapaG]

That’s a good thing you’re doing…!!

Is any of this going in the “for sale” thread…?

Probably die sets

 

[tightgroup tiger]

I'm the oposite, If I get terminally sick, I will load everything i can load then get rid of the presses so my wife doesn't have to deal with them. My son doesn't reload but does shoot so this will keep him going for a long time.

 

[Charlie98]

My wife and I actually just talked about this yesterday. If I pass, my older brother would take over the disposition of all my firearms and handloading stuffs. The question is always what to do with the handloads. I know my brother trusts my handloads... I've been loading for him since he got out of the game many years ago... but he's not likely to take everything. All of my handloads are documented, but, again, I wouldn't expect anyone else to trust my handloads.

Unfortunately, my brother is older than I, so the likelihood that I would pass before him is unlikely. My wife and daughter don't give a foop about all my firearm and handloading stuff, so I'm thinking about how they might handle that, should I depart for the big Handloading Room in the Sky... to get the most benefit for them, while safely and legally divesting themselves of my Stuff.

I will load everything i can load

I'm actually the opposite... I have everything prepped to assemble, but only load up what I think I'm going to need in the immediate future. It's easier to get rid of components separately than assembled handloads. Further, because we are talking about relocating, it's probably easier to move components than loaded ammunition as well.

 

[rfwobbly]

A friend, fellow trap and skeet shooter, and fellow club member passed two years back. So far I have helped sell bunches of shot, powder, wads and primers (buying what I could afford at fair prices to both sides). Now, the big stuff.

Blessings to you, sir !!

My friend died last August and I've been doing much the same for his widow, so I know first hand that it's a long and thankless job. The items you think will sell first, seem to linger on and on. And things like powder, that everybody wants, can't be shipped.

Good luck and soldier on.

 

[jmorris]

I'm the oposite, If I get terminally sick, I will load everything i can load then get rid of the presses so my wife doesn't have to deal with them.

If I get terminally sick, I don't think reloading or presses will be that big of an issue to me or my family. Not like its going to be hard to clean out. Lots easier than the thousands of square feet of treasure, Mrs. Morris refers to as "junk", that me and two generations before me have collected at home and on the farm.

At least my wife has bought me presses along the way, so she knows their value.

 

[Kaldor]

Youre doing a good thing @PapaG
Thats a rough time and you are being helpful and fair from the sounds of it

All my stuff will go to my son. I load higher volume stuff in batches of 1000-2000, and lower volume stuff in batches of 50-200. All loads are exhaustively documented and my son has a copy of said documentation; spreadsheets, photos, etc. He doesnt do much reloading right now, as its easier just to let the old man do it, but he does know how, and passing on the knowledge is more important than anything.

 

[CQB45ACP]

As an heir, I've been directly involved in three estate settlements in the fairly recent past--(distributions/liquidations/family round robin selections/firesales/estate sales, you name it).

All were out-of-town to at least some of the participants. They were tense, unsettling, sad, and generally sucked in my view. My goal is neither of my sons will be FORCED into such a mess.

So, everything we have of separate financial value has already been appraised. That means anything with a value we perceived to be greater than the typical property rider portion of our insurance policy got an appraisal.

Some sentimental things (to the sons, not us) and family heirlooms are already specifically designated and we've all discussed it.

My reloading stuff didn't qualify for an appraisal nor was it selected/designated as sentimental/heirloom.

We have a trust with one of my two sons the trustee. He gets control over darn near every physical thing including real estate, contents of house, automobiles. But he gets only about 33% of any financial assets. The other son, gets about 66% financial but no physical assets unless already designated.

On the day the trust was finalized, according to appraisals, financially, the two got darn close to equal shares.

When my wife and I are gone, the boys will have plenty of cash (relatively speaking) and time, to ponder, think, rethink, trade, sell, whatever amongst themselves and with others. Needn't rush into anything.

 

[lightman]

A friend, fellow trap and skeet shooter, and fellow club member passed two years back. So far I have helped sell bunches of shot, powder, wads and primers (buying what I could afford at fair prices to both sides). Now, the big stuff. Two PW progressives, one 12, one 20, a Hornaday 366 20 progressive, powder dispenser/scale, bunch of Hornaday dies, a case prep center, and a ton of AA and Rem trap hulls. And a big single stage metallic press, also big red.
I'm buying the 12 PW and giving him a deposit on the rest of the whole pile with the understanding I will give him what comes in above what I paid as I sell it off. I'm also giving him and his son loading lessons on the gear they are keeping. There were some nice guns, Ruger #1s, 77s, M 70, 700, plus others. Didnt need any of them. Biggest problem was all the reloads that I won't touch and encouraged him to sell as components only.
Hope someone helps my wife and kids when it hits me. Probably not a problem as they are both hunter/shooters and one reloads.
The PW will keep me and my two high school trap team granddaughters in ammo easily.

First of all, Good on you for helping out!

I used to load my ammo in lots of 1000's but like some of the others I have reduced that to lesser amounts. My friends and my Sons will trust my ammo but I do see the sense in leaving behind thousands of loaded rounds. Even though it will have the loading info on it.

 

[PapaG]

OK, now my garage is full again. We found buckets of brass, some sized, primed and ready to load. Boxes and boxes of bullets for handgun, rifle, from 222 through 45 acp. Pacific 366 20 ga progressive, two PWs, 12 and 20. Hornady heavy single stage, two powder measures, two scales, a powder dispenser and electronic scale. Dies, good Hornaday deluxe sets in 223, 22-250, 243, 25-06, 30-06 and others. Ill list them in the sale thread when I get them all cataloged.
What I get myself into!