Ever think what would happen

[stan]

Say you got run over by a train comming home from the store. What would happen to all your little boxes of parts you have been collecting for your project Indian or other. I know my Chifes would receive a good home with family. My four project may not receive the same reward. I am sure this has happened somewhere, and the parts end up at a garage sale. Anyone ever run across something like this. I found a indian wrench at agarage sale one time. Just something to think about. Stan

[Paps]

Worse case is when the state takes control of the estate. No telling where the goodies will end up. Sometimes in the scrap yard. Paps

[indianut]

That is why you go to a lawyer NOW and write a will.

[kunzog]

I think the question here is not who will get everything but what will they do with it. I know my wife thinks of everything in my garage as junk.

[Tom Lovejoy]

When the guy who did my four engine got to old for his kids to take care of anymore. They had to put him in a home - altimers. Months later their were cleaning out the garage, his kids. They were throwing away his stuff, no need for it anymore. They were and are good folks, just have no interest in old motorcycles or machine working tools.
They stumbled on something with my name on it and thought to give me a call, just in case I was interested. They said to hurry as the trash truck was coming in the morning. I had no room for nothing, but I jumped in my truck and headed down there. I picked up out of the yard and trash and garage. About a 12 Henderson Deluxe cylinders, 2 very good cases - both bottom and top again Deluxe, a couple flywheels and crank shafts! And thats not all, he was a automotive machinest with 40 years experience and he had alot of expensive tooling. Sadley all that stuff went to the scrap.
It was so sad for me going through his stuff like that, I could not take it and I had to leave. I knew it was a mistake to leave it, but it was very deppessing to me at the time, so I left it. About a year later I stopped by for a vissit and they still had his laithe, they wanted to get rid of it too, but it weighed to much - so they had not done anything with it yet. I told them I would gladley buy it, they gave it to me for pennies and it is now in my garage. Just wish I had a fraction of his skills with it.
I think its very common, none of my nephews or neices have the slightest interest in my old machines.

[Perry Ruiter]

Originally posted by Tom Lovejoy
When the guy who did my four engine got to old for his kids to take care of anymore. They had to put him in a home - altimers. Months later their were cleaning out the garage, his kids. They were throwing away his stuff, no need for it anymore.

Philistines! ... Perry

[exeric]

A good friend of mine was doing overseas deals with an antique motorcycle enthusiast in England. They talked on the phone, wrote letters and occasionally met to exchange parts or money. In the middle of a rather large deal the gentleman in England got hit by a bus and died instantly. Needless to say, my friend lost a pile of rare Excelsior stuff. This is no reason to not do business with people overseas but it is a good idea to keep the deals well documented. I know that's easy to say because a lot of these deal are between friends and bringing formality into the deal can seem a bit rude.

As for a will. I'm not going to bother, because I'm taking it all with me.

[Jack_Hester]

I'm in the same position. I have no children of my own. My wife's son has absolutely no interest in my bike shop (other than maybe it's worth). I have plenty of friends who would like to get ahold of my goods. But, not while I'm alive, if I have anything to do with it. I have a will leaving all to my wife. I need to redo it and take care of my bike business and personal collection. I don't think about this much. But, now I'm really thinking about it. Thanks for the heads-up. Now I'm depressed.

Jack

[Paps]

Don't be depressed DADDY !

[exeric]

Now that's funny.

[Lonnie]

A friend of mine with a small automobile collection has a code on the bottom of each title that indicates how much he paid for the car. He does his own restorations and paint (owns a body shop) and updates the code when the auto is complete. He showed me one of the titles with the code and it meant absolutely nothing that I could tell. His wife has the code and can do the translating if needed.

He also has a good point in that whenever he completes a car, unless he has an immediate need for the leftover parts, he sells them - he does not hoard them. That way he has cash for the next project, no clutter to deal with and nothing left for the wife to have to struggle with.

His worst fear is that someone would try to take advantage of her in the event of his death and these autos are not only fun but investments for them in later years.

[SteveRid]

Real good reason for writing that will.

Here in the UK, in the event of both Husband & wife being wiped out together - the male is deemed to have died first - so the estate of the husband transfers to the wife and then to her nearest relative.. (if there are no kids)

In which case her Mother...

Can you imagine what a Mother-in-law would make of all those nasty oily bikes and parts in the garage...

Make that will NOW

Regards
Steve

[INLINE4NUT]

Stan, My being your very good friend (that you dont know ) To ease your mind will buy that Four project from you now so you wont have to worry about it if you get hit by the train !!! JUST JOKIN

[cheifrider]

most of the major parts i have (anything worth over $50) i have marked for my wife so she will have an idea what to ask for it when im gone.i told her that my numbers are not written in concrete but at least she will get a fair deal as will the buyer,

[LouieMCman]

Hey Brian....what was your wife's name again?.........