Collections And How They May Be A Valuable Component Of An Estate | Gordon R. Crawford - Louisiana
Channel: Gordon R Crawford & Associates
Date: 2021-06-17

https://www.attorneycrawford.com/

Gordon R. Crawford & Associates
324 East Worthy Road 
Gonzales, LA 70737 
United States 
(225) 228-3450

A collection could be of many different things, such as coins, stamps, jewelry, art, or firearms, and could be located in the home or in a safety deposit box at the bank. If the collection appears to be valuable, it should be appraised by an expert in that field. The collection and its appraised value would be used in the probate proceedings for the detailed descriptive list, the judgment of possession, and the petition for possession. Certainly, not every decedent will have every one of the listed items searched for. However, the spouse, heirs, or legatees should satisfy themselves by using this list I have set out above for documents or items as a checklist from which to search. In closing, it is to be understood that the sooner the search for the above items is finalized, the sooner the succession can be completed and the assets delivered to the proper legal owners in accordance with a judgment of possession.

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