One more question: When placing value on estate assets such as jewelry, silver items etc (the total sum of which is < $6,000 retail BRAND NEW), what value do I use?
I have had the items priced by 2 reputable buyers (not pawn shops) in our area. But should I state the potential retail value> I have looked on the internet, and with the economy none of it seems to be valued well. The items are old and not a well known/valued brand or name.
Most is silver, not gold. Should I state what I could get now ($ wise) or what I MIGHT get on Ebay in a year????
A sibling wants both items, I want to make sure I price the value fairly against their dollar value in the estate