26 Jun
2024
26 Jun
'24
4:48 p.m.
I really can't see how this would work. I see the big problem being one that Sellam
has faced before, that is paying for storage for the stuff.
You can put whatever you want in a trust document, but how do you pay for the storage or
stop someone simply trashing it.
Unless there is something of exceptional value in the collection then are your trustees
really going to court over this?
Is anyone going to accept being a trustee if they are limited in how they can dispose of
their collection?
If Sellams spread sheet of items for sale is still up for sale, then some items have been
there for seven years....
https://docs.google.com/spreadsheets/d/1I53wxarLHlNmlPVf_HJ5oMKuab4zrApI_hi…
... I really think the only way to have any say is to dispose of your item yourself....
.. and not to museums which need to make money to survive...
Dave
G4UGM
p.s. In the UK still trying to dispose of VAX Station 3100/30(Working), HP
Plotter(Working), AlphaServer 2100 (Does not power up)
Also some Q-Bus cards.
-----Original Message-----
From: Sellam Abraham via cctalk <cctalk(a)classiccmp.org>
Sent: Wednesday, June 26, 2024 12:51 AM
To: General Discussion: On-Topic and Off-Topic Posts <cctalk(a)classiccmp.org>
Cc: Sellam Abraham <sellam.ismail(a)gmail.com>
Subject: [cctalk] Revocable Living Trust for Computer Collectors
I think this is an appropriate time for this announcement.
Over the many years I've been collecting, there have been more than several
instances of a collector dying and their collection effectively being cast to the
wind because their surviving spouse or family members have no idea what to do
with their computer collection. We are all very aware of this unfortunate
phenomenon.
To that end, I've been developing a Revocable Living Trust (RLT) for computer
collectors. I've been working on this off and on for the past many months, and
though it isn't quite ready yet, this is a good opportunity to announce my plans.
The advantages of a RLT are many for the computer collector, including
simplicity, and one's continued access to and enjoyment of their collections
while they are alive. It's a good start, but not a complete solution, as the
effectiveness of the RLT depends on the trustees one has chosen to carry out
their wishes once they've departed the mortal coil.
That's where what I'm developing comes into play: a multi-modal trustee
services corporation which one can name as (at least one of) their trustee(s),
which in the event of one's demise will immediately launch into action to protect
the trust assets (the computer collection) and distribute it as per the trust
indenture. And so much more.
The trust indenture itself will be cheap (a nominal $49 is my target price) but I
have yet to work out the execution and pricing for all the other services that will
be offered, which will include actually coming out to the collection site to secure
the collection and handle or assist in its distribution.
This message is intended to be a feeler to gauge interest in the product.
To that end, if this is of interest to you, please contact me privately and let me
know. I can actually set you up with the trust documents right away, as those
are basically done at this point, which you can execute and get notarized, etc. to
at least have that protection in place. The establishment of the trustee services
corporation described above will take a bit more time.
If I didn't myself fall ill within the last 9 months (heart attack, nearly died,
subsequent heart surgery) I would have already had this ready to go.
The irony of this all has not at all escaped me. Fortunately, my collection is now
covered for when it's my time to go.
How about you?
Sellam