What should I check for before throwing out a parent's things?
Asked by sitecontributor|Estates
Answer
BidBuySmart
Before anything goes in a dumpster, go through the house slowly, because valuables are often hidden in surprising places. Older people commonly tucked cash, coins and jewelry into drawers, coat pockets, purses, books, freezer containers, shoe boxes, under mattresses and behind loose panels. Check every pocket and every envelope.
Look carefully at paper. Old documents can include stock certificates, savings bonds, deeds, insurance policies, bank statements and tax records that may matter to the estate. Letters, photos, military papers, diaries and family Bibles may have sentimental and sometimes historical value. Old postcards, sports cards, comic books and advertising can sell well.
Small heavy items deserve a second look: coins, silver flatware, gold jewelry mixed in with costume pieces, watches and pocket knives. Even broken gold has value. Set aside anything you are unsure of and have a coin dealer, gold buyer or appraiser look before discarding it. Shred personal papers with account numbers instead of tossing them in the trash, to protect against identity theft.
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