Death Contingency Plans? - Page 6

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  1. #101
    Administrator Pete Thomas's Avatar
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    Default Re: Death Contingency Plans?

    Quote Originally Posted by Nefertiti View Post
    I ask why they are whispering and they look around and then say "I don't want my wife to hear........" Cracks me up every time! It happens more often than you would think.........
    I find this a bit sad, that it is so common for relationships to be like this. Is it the wife being unreasonable to instil so much fear and guilt into the husband, or is the husband unfairly or selfishly prioritising his saxophone/mouthpiece collection above family needs??? Food for thought. I wonder in how many such relationships the wife is doing the same thing, so maybe just owning p on both sides could be a real eye opener and relationship enhancer.
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  3. #102
    Distinguished SOTW Member/Forum Contributor 2014 jazzbluescat's Avatar
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    Default Re: Death Contingency Plans?

    Quote Originally Posted by IBeOmega View Post
    Type up a list with the model names, measurements and other relevant info, and approximate values of everything you have. Plop that and short instructions (maybe something like 'Hey idiot! Don't sell these to a pawn shop!') in the In Case of Death archive.
    Fortunately I'm young enough that I probably only have to worry about getting hit by buses and things, but my relatives always ask me to help handle this stuff on account of my skills with computers and record-keeping.
    If you're worried that publishing the value of your stuff where your spouse can see it may actually cause your death, there are ways to password protect files and even entire folders. You can then put the location and password in your will and/or goodbye letter.

    Having such a list in multiple locations (or the cloud), along with some raw photos of all your gear, is good for insurance as well. The raw photo bit is important: .JPG, .PNG, and other common file formats can be easily edited and as such are not acceptable in court as evidence, while raw files like .TIFF, .CR2, .NEF, and the like are. I only know of one instance of an insurance company challenging someone in my family, but the company got a a lot more cooperative after being answered with several GB of raw photos showing them holding the stuff as proof of ownership.
    You're wise beyond your years. lol And good info. thanks.
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  4. #103
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    Default Re: Death Contingency Plans?

    Quote Originally Posted by Jazz Is All View Post
    Bwaaaaa Haaaaaa Haaaaaa.......actually I'm laughing with fear in my heart because I know what my wife is capable of. I've been hiding saxes around here for all the years I've been playing and she has no idea how much they and all my raftload of mouthpieces are worth. Maybe I should write a TV script using that idea and pitch it to CSI: New York, Major Crimes or Law & Order: SVU if a man killed by his spouse for saxophone GAS could be considered a Special Victim.

    BTW, is it considered cheating if you love your Martin Comm III more than you love your wife? Would that be grounds for divorce?
    ::self-censored::


  5. #104

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    Default Re: Death Contingency Plans?

    This is an interesting thread. I've done the following:

    1. Made a trust document and registered it for my two real estate items. I'm the trustee until I pass and then my nearest daughter becomes the trustee, with authority to sell all real estate and divide the proceeds as specified. No attorneys or probate court needed.

    2. Put all my financial assets with the Schwab investment firm, with a "beneficiary account", including mutual funds and an IRA. On my passing, each of three beneficiaries simply apply for their share and they get paid within a few weeks. No attorneys or probate court needed. 2017 was a great year for that account with about a 21% return.

    3. Start selling more musical items this year, with especial effort on high value items and low value hard to sell items. For example, I have a great Conn silver bass saxophone in fine condition keyed to high F that is sort of the "holy grail" of bass saxes. Also, I have a few HP simple system clarinets that play well but not at modern A440 pitch.

    4. Always keep a basic group of saxes and clarinets that are seriously used frequently, with notes in each case giving values and sell suggestions. While I've had an inventory with costs and information for years, the numbers of instruments must be reduced.

  6. #105

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    Default Re: Death Contingency Plans?

    another option would be to have the horns given to your local school district music program. I recently donated a Conn 14M in very good playing condition to a city school. They were happy to have it and I feel good that rather than sit unplayed in a closet,a student has a decent horn to begin the trip of playing the saxophone. The one really valuable mpc I had I recently sold because my wife would have no idea of its worth. I live in an area where there are some dealers who would swoop in and take advantage of the situation.

  7. #106
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    Default Re: Death Contingency Plans?

    A principle challenge remains: How do you propose to sell/distribute instruments after your passing? I can imagine that my family will be hard-pressed to determine how to sell my remaining instruments after my passing. Example: Five years since receiving my father’s coin collection, I am still burdened with many thousands of dollars worth of coins that have no value to me, and I have no concept of a way to sell these coins while retaining anything approaching 50% of their market value.
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  8. #107
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    Default Re: Death Contingency Plans?

    I got some hopes for a grandnephew, as well as the grandson of a departed friend, both showing some musical interest at an early age. I encouraged with entry level gifts (recorders, melodicas, etc), and now that they're in grade school, we'll see if anything unfolds. if not, I think donations will be my preferred route. some things can go to Hungry for Music, an organization that gets instruments to deserving young talent who lack financial means. other stuff, like my vintage synths, are more likely to end up at music departments of neighboring colleges, etc. (my intent is not to hold onto these things until the end, but get most of it dispersed in a timely fashion, while holding onto some minimum stuff.)

  9. #108
    Administrator Pete Thomas's Avatar
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    Default Re: Death Contingency Plans?

    Quote Originally Posted by Dr G View Post
    A principle challenge remains: How do you propose to sell/distribute instruments after your passing?
    Doesn't this presume your family can actually wrestle your Borganis out of your cold dead hands?
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  10. #109
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    Default Re: Death Contingency Plans?

    Quote Originally Posted by Pete Thomas View Post
    Doesn't this presume your family can actually wrestle your Borganis out of your cold dead hands?
    Hah! Well met, Sir!

    Let’s hope that we can each die with a smile on our faces as we recall our last good reed.
    Go for The Tone,

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    "When you are doing well, don't forget to do good." - Sichan Siv.

    As a Veteran for Peace, I am already against the next war.

  11. #110
    Jazz Is All's Avatar
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    Default Re: Death Contingency Plans?

    I love my Comm III so much I'm considering having it buried with me. Nobody is going to appreciate it as much as me and anyway my wife is hopeless with sax gear. She still can't get which is the mpc and which is the reed when I talk about them. Conversely, considering the cost of a casket and a cemetery plot I think being cremated is a more cost effective choice, in which case having my ashes placed inside the bell in a small brass container. It would be a nice touch. I'd be able to commune with it more closely and it could even be sold that way, but of course with the proviso that the new owner will have to keep my ashes in the horn except when playing the sax. When he is playing it he'll have to have the urn right there on stage so I can enjoy the music. That should work really well.
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  12. #111
    Administrator Pete Thomas's Avatar
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    Default Re: Death Contingency Plans?

    Quote Originally Posted by Jazz Is All View Post
    I love my Comm III so much I'm considering having it buried with me.
    Maybe I can beat that and get buried in my bass case.
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  13. #112
    Saxy in San Diego's Avatar
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    Default Re: Death Contingency Plans?

    The place I am likely to go will be a little too hot to play sax - but fortunately I have "perfect pitchfork".

  14. #113
    funkysaxman808's Avatar
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    Default Re: Death Contingency Plans?

    Quote Originally Posted by 10mfan View Post
    I have a complete list of what I have here with current market values, in case of this.
    Your wife should definitely have your list, and make a copy for your kids to have.
    Great advice!

  15. #114
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    Default Re: Death Contingency Plans?

    Have had this topic in the way back there area of my head, not debilitating but crossed my mind now and then. This past year I took action and sold all but the essentials. I’m down to a single alto and tenor and am feeling a little more prepared for retirement early next year. Not planning on checking out soon, but then who ever is?
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  16. #115
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    Default Re: Death Contingency Plans?

    Quote Originally Posted by Jazz Is All View Post
    I love my Comm III so much I'm considering having it buried with me...
    Go for The Tone,

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    "When you are doing well, don't forget to do good." - Sichan Siv.

    As a Veteran for Peace, I am already against the next war.

  17. #116
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    Default Re: Death Contingency Plans?

    Quote Originally Posted by Jazz Is All View Post
    I love my Comm III so much I'm considering having it buried with me.
    Might come in handy for any (de)composing.
    A little bit louder and a little bit worse.

  18. #117
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    Default Re: Death Contingency Plans?

    My wife is a musician. She will play my guitars and synths, and knows how much my saxes are worth.

    The worst part is without me, she'd be out of work until she found a new musician to perform with.

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  19. #118
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    Default Re: Death Contingency Plans?

    I dont much care. Just know Im pissed off that Im dead...
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    Default Re: Death Contingency Plans?

    Quote Originally Posted by Jazz Is All View Post
    ...having my ashes placed inside the bell in a small brass container... it could even be sold that way, but of course with the proviso that the new owner will have to keep my ashes in the horn except when playing the sax.
    I'm planning to have my ashes mixed in with hard rubber & baked into a mouthpiece. Not even death can make me shut up!

  21. #120

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    Default Re: Death Contingency Plans?

    Yes, the coin collection is also a problem but must be a addressed soon. Mine is not so valuable so I think I can do it. The major concern is with some fine saxes, oboes, clarinets, and flutes, which are worth a lot more than the coins.

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