Who Gets Grandma's Yellow Pie Plate or Grandpa's Gun
Who Gets Grandmas Yellow Pie Plate or Grandpa's Gun? Distribution of Nontitled Property in North Dakota Types of Property Titled Property Owner identified by a legal document Nontitled Property Owner is not identified by a legal written document; also called
personal property It's only a pie plate, right? Value of Personal Property Financial value Historical value Sentimental or emotional value What are the pie plates in your life?
Your pie plate may not be round, and it may not be yellow, but every family has its pie plate. Identify the Meaning of Special Items To whom are they special?
Why are they special? Does it have historical value? Share the stories that go with objects. Why plan for distributing personal property? Owner decides where items go Reduces stress on family Reduces conflict among family
Passes on family history Why dont we plan? I dont have anything of value. Talking about death is hard. My family can decide when I am gone. They wont fight. Family members wont agree with my decisions.
Goals for transferring nontitled property Maintaining privacy
Improving family relationships Being fair to all involved Preserving memories Rewarding someone Contributing to society Who to Involve
Owners of the property Children In-laws Friends Caregivers Clergy Legal representatives
What does fair Fair may be different in each family. mean? Fair does not always mean equal. What to consider: Age, birth order
Contributions through the years Marital status, need Who is family?
Managing Conflict Discuss method of transfer Establish ground rules Treat others with respect Listen to feelings expressed
Say no to secrecy Remember, the owner gets to decide! Methods of Distributing
Lists Gifts Label items Verbal promises Family distribution More Methods of Distributing
Garage sale Estate sale Private auctions Public auction Silent auction
Will North Dakota provides a way to distribute personal property Identify item Identify recipient Dated and signed List may be changed just by making a new list, dating and signing it
Completing the Plan First step is most important Start the discussion Put it in writing Communicate with all involved Dont leave keepsakes to chance! Enjoy your keepsakes, most of all.
Then develop a plan to pass these valuable parts of your past on to family, friends. The best legacy we can give our heirs: Good feelings about who they are and where they came from Thank you!
Who Gets Grandmas Yellow Pie Plate or Grandpa's Gun? Distribution of Nontitled Property in North Dakota For more information on this and other topics, see www.ag.ndsu.edu. For a more detailed program on this topic, contact your local county office of the NDSU Extension Service.
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