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Comments on: Can you know what you’re worth? http://simplepound.meewella.com/can-you-know-what-youre-worth.php A trip down personal finance lane. Wed, 08 Feb 2012 00:50:31 +0000 http://wordpress.org/?v=2.5 By: Ad http://simplepound.meewella.com/can-you-know-what-youre-worth.php#comment-118 Ad Tue, 17 Jul 2007 08:14:25 +0000 http://simplepound.meewella.com/can-you-know-what-youre-worth.php#comment-118 This was to calculate the value of the estate to assess tax issues, not to leave items to specific people... I don't tend to like including my car in such values anyway as it depreciates far too quickly This was to calculate the value of the estate to assess tax issues, not to leave items to specific people… I don’t tend to like including my car in such values anyway as it depreciates far too quickly

]]> By: Kirsten http://simplepound.meewella.com/can-you-know-what-youre-worth.php#comment-117 Kirsten Tue, 17 Jul 2007 02:21:05 +0000 http://simplepound.meewella.com/can-you-know-what-youre-worth.php#comment-117 Well, it makes sense to include your car and art etc. in your will to make sure the right people get the right stuff (broadly speaking). Yet this doesn't necessary mean it's an accurate reflection of what you're worth, does it? Well, it makes sense to include your car and art etc. in your will to make sure the right people get the right stuff (broadly speaking). Yet this doesn’t necessary mean it’s an accurate reflection of what you’re worth, does it?

]]> By: Ad http://simplepound.meewella.com/can-you-know-what-youre-worth.php#comment-112 Ad Mon, 16 Jul 2007 17:04:43 +0000 http://simplepound.meewella.com/can-you-know-what-youre-worth.php#comment-112 I often wonder what different people include in this sort of calculation. There is even some margin for including the payouts from one's life insurance as if you die this is what your estate is worth to those you leave behind. But whilst still alive you have no access to this money so it is a bit of an odd one. For reference, when drawing up my will the solicitor did want to include my car, (bike) and any valuable furnishings/art etc. , property, shares, life insurance blah blah, in the calculation, but I guess I would be dead by that point so it makes life simple. I often wonder what different people include in this sort of calculation. There is even some margin for including the payouts from one’s life insurance as if you die this is what your estate is worth to those you leave behind. But whilst still alive you have no access to this money so it is a bit of an odd one.

For reference, when drawing up my will the solicitor did want to include my car, (bike) and any valuable furnishings/art etc. , property, shares, life insurance blah blah, in the calculation, but I guess I would be dead by that point so it makes life simple.

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