Is this proper?

[redrosetea]

I have some very expensive jewelry pieces, for me that is…I know it will hold its value because it is 24 kt solid gold…I also have some precious stones that are set in 18 kt white gold and were also rather costly

I am rather certain I will have no grandchildren, so I told my daughter when she is an old ,old ,lady to please take all of my jewelry to the then priest of my parish, telling him this belongs to Our Lady, and whatever money comes from the sale of these baubles are set aside to honor her in some way…I don’t know how, but I am sure they will be able to come up with something

Has this sort of thing been done? Should my daughter try to sell the stuff and give them the money instead? I just felt that being the large parish it is, there was bound to be someone that would know where to get the best prices for these items

 

[yinekka]

1. When your daughter is an old, old lady the price of gold will be much higher than it is now so she should wait until then to get the best prices for the pieces. It might be an idea to include the details of your gift in a will and get your daughter to also make out a will with the details of the gift in it.
2. There is no guarantee that anyone in the parish will know how to get the best price for gold. Before your daughter gets too old she might take the items to a number of jewellers including antique jewellers to get prices. Tell her not to leave the pieces for valuation but to always keep her eye on them.

 

[RubyT]

I am a bit confused. Why give them to your daughter to enjoy until old age and than require her to sell them? If you are giving these to your daughter you should let them be hers to decide what to do with in the future. If you want them to go to charity than donate them - but why are you leaving the task to her? I don’t think it is proper to give someone a gift and require them to donate it after so many years. Just my humble opinion. God Bless.

 

[redrosetea]

I am a bit confused. Why give them to your daughter to enjoy until old age and than require her to sell them? If you are giving these to your daughter you should let them be hers to decide what to do with in the future. If you want them to go to charity than donate them - but why are you leaving the task to her? I don’t think it is proper to give someone a gift and require them to donate it after so many years. Just my humble opinion. God Bless.

This is a joint decision…I want her to enjoy them for as many years as she can…It is totally proper…she can’t take it with her

 

[redrosetea]

1. When your daughter is an old, old lady the price of gold will be much higher than it is now so she should wait until then to get the best prices for the pieces. It might be an idea to include the details of your gift in a will and get your daughter to also make out a will with the details of the gift in it.
2. There is no guarantee that anyone in the parish will know how to get the best price for gold. Before your daughter gets too old she might take the items to a number of jewellers including antique jewellers to get prices. Tell her not to leave the pieces for valuation but to always keep her eye on them.

There will be close to a pound of solid 24 kt gold…It will have some value ,but gold fluctuates, there is really no way to determine its worth. It will be more than I paid for them which was a pretty penny, for me

 

[IrishAm]

I have some very expensive jewelry pieces, for me that is…I know it will hold its value because it is 24 kt solid gold…I also have some precious stones that are set in 18 kt white gold and were also rather costly

I am rather certain I will have no grandchildren, so I told my daughter when she is an old ,old ,lady to please take all of my jewelry to the then priest of my parish, telling him this belongs to Our Lady, and whatever money comes from the sale of these baubles are set aside to honor her in some way…I don’t know how, but I am sure they will be able to come up with something

Has this sort of thing been done? Should my daughter try to sell the stuff and give them the money instead? I just felt that being the large parish it is, there was bound to be someone that would know where to get the best prices for these items

Whatever the logistics, I’m sure the parish will be able to put your generous gift to good use and the parish priests will remember you in their prayers. Do whatever brings you peace and let God handle the details.

 

[redrosetea]

My children’s great grandfather help build a shrine to Mary on our church’s property…I sort of thought that I would like to continue the family tradition of honoring her

I can’t think of a better use from my baubles than that

 

[RubyT]

This is a joint decision…I want her to enjoy them for as many years as she can…It is totally proper…she can’t take it with her

Now I am really confused, you asked for our opinion. The question was ‘is this proper’’. In your post above you give us your answer? You say It is totally proper so, why the post? It doesn’t matter to me, but why did you ask us? You seem offended by my answer. It is just my meager 2 cents. Not meant to criticize or judge in any way. Sorry if I didn’t give the answer you wanted. Sorry if you found my response offensive I truly did not mean for it to sound that way.

Perhaps she will have a daughter to leave them to also?

 

[puzzleannie]

I Has this sort of thing been done? Should my daughter try to sell the stuff and give them the money instead? I just felt that being the large parish it is, there was bound to be someone that would know where to get the best prices for these items

If you want to donate cash, securities or other property of value after your death, write a will.

 

[gh4]

It’s your jewelry to do what you want with it. If you want it donated to the Church, you need to put it in writing in a will. And not in one of those do-it-yourself ones, I’d get an attorney to do it so it’s iron clad.

The other thing, if you die and your daughter has the jewelry and dies intestate, (without a will) there’s no telling what will happen to the jewelry, she would need to have a very specific will as well.

If you want to make absolutely sure that the Church gets it, will it to the Church on your death and then let them do with it what they want. Just my two cents.

 

[dixieagle]

There will be close to a pound of solid 24 kt gold…It will have some value ,but gold fluctuates, there is really no way to determine its worth. It will be more than I paid for them which was a pretty penny, for me

At today’s prices, 16 oz. of solid gold would be worth about $17,600. (The usual 14K gold would be worth about 58% of what solid gold is.)

For the very best prices, at any time, always check with a refiner, rather than a pawn shop, jeweler, antique dealer, or gold buyer who is just a middleman. You will likely get at least twice as much from a reputable refiner than from even the best gold buyer. (I recently did a lot of research into this when I sold some old scrap jewelry, chains, etc.)

You can also be virtually certain that those who advertise heavily on TV are NOT giving you anywhere near what the gold is worth.

At any rate, it will be a most generous gift to your parish.