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Subject: 
Re: What would happen to your collection....
Newsgroups: 
lugnet.org.ca.rtltoronto, lugnet.general
Date: 
Wed, 30 Jan 2008 17:04:12 GMT
Viewed: 
7455 times
  
Good question - hey I turned 40 last year too, but I have kids who will get it all.

There are choices for those without an obvious beneficiary but first you have ask the really tough question: does the estate need the value of the collection in cash?

I am sure that there are lots of BL sellers or local LUGs who would buy a collection for cash if that was needed but if cash is not a concern for the estate then the possibilities get really interesting.

It might be possible, depending on your state/provincial laws to receive a tax receipt for a charitable donation to a museum, local schools(s), recreation center, homeless shelter, or other charitable organization. It might actually be the highest value available and in some jurisdictions I believe it might really help to reduce any tax burden against the estate.

If there is no concern for $$ value in any form why not donate it to your local LUG with stipulations as to it’s disposal? They could sell it to individual members or auction it off at a brick convention and donate the proceeds to a charity. They could use some or all of it for club layouts and children’s build areas. They could be required to donate it in smaller lots to something like Toys for Tots/ Santa’s Anonymous (with some appropriate packaging.) After school programs, day cares, transition houses, any place that looks after kids, would appreciate a pile of LEGO donated by a LUG on behalf of the deceased.

If those I left behind didn’t need the money and didn’t want the LEGO I would hope they would be pleased to receive a “Thank You” card from Ms. Blondie’s grade five class with a picture of a class project using the LEGO or to see a plaque at the Brick Museum in Ohio with a “Thank You” message.



Message has 2 Replies:
  Re: What would happen to your collection....
 
(...) <snip> (...) I'm going to print this and give it to my friend--these are fantastic suggestions! I didn't even think about the donation route. Thanks Ted! Dave K (16 years ago, 30-Jan-08, to lugnet.org.ca.rtltoronto, lugnet.general)
  Re: What would happen to your collection....
 
We have a nice place for collections; Bellaire Ohio Toy and Brick Museum. 4597 Noble St. Bellaire, OH 43906. 740-671-8890. . If anyone want to donate brick, we have a HUGE pile in the community room for people to build with as well. We have monthly (...) (16 years ago, 27-Feb-08, to lugnet.org.ca.rtltoronto, lugnet.general, FTX)

Message is in Reply To:
  What would happen to your collection....
 
Not going to be morbid or anything, but here's the scenario-- You pass on. What happens to your LEGO collection? Many of us have collections well into the thousands, and some of us have well into the hundreds of thousands of pieces. I'd imagine that (...) (16 years ago, 30-Jan-08, to lugnet.org.ca.rtltoronto, lugnet.general)

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