Tuesday, March 20, 2018
Sorting Things Out
We're sorting through everything in the apartment - first finding things specifically identified in the will to be given to various people. Mostly jewellery and silverware. But also a stamp collection, which I am supposed to get. We found most of them, but not all. Searching through boxes of documents - recycling a lot of routine financial statements and reserving others for further study. There are files and boxes of letters from the early 20th Century and even greeting cards from the 19th Century. Old books, some family books with names in, others that my mother saved from destruction. We are sorting books into ones we are interested in and others to probably give away. We decided to sell the apartment within a year - if we sell in less than 18 months our mother's previous tax status will apply and we won't need to pay capital gains tax. The apartment will need a lot of work to put it into saleable condition. But there is plenty of demand. My brother keeps getting asked if he is going to rent it out. But like me, he is not keen on owning physical assets directly....
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Family Finance
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