Does anyone know if there are estate executors specifically specializing in automobile collections?
Hypothetical scenario - An 80 year old man owns a collection of 10 classic cars and various parts and collectables worth $1,000,000. His kids have no interest in the cars, so he'd like the collection sold off after his death so the proceeds can be divided among the children.
He also doesn't want the collection sold off for pennies on the dollar, and his children don't know enough about the collection to understand their value, so he would like to find someone, or a company, to act as the executor who understands what the collection is worth and how to best market it.
Any thoughts?
Hypothetical scenario - An 80 year old man owns a collection of 10 classic cars and various parts and collectables worth $1,000,000. His kids have no interest in the cars, so he'd like the collection sold off after his death so the proceeds can be divided among the children.
He also doesn't want the collection sold off for pennies on the dollar, and his children don't know enough about the collection to understand their value, so he would like to find someone, or a company, to act as the executor who understands what the collection is worth and how to best market it.
Any thoughts?