Thursday, April 26, 2012

Wine and Estate Planning

Wine usually comes to mind when clients are signing wills and other estate planning documents.  Usual in the context of I'd like a glass of wine (or beer) now that this is done.  However, some people have wine in mind for another reason.  They collect it.  And as with any collection, keeping it safe and sound is a good idea.

Wine, unlike stocks or bonds, can drop in value quickly -- literally.  A dropped value cannot be replaced.  But it can be insured.  If you collect wine you may want to take a closer look at this article for tips on preserving your wine collection.  Then again, some people might say if I'm dead, what do I care.


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