My friends and I are starting to experience the loss of parents. It’s horrible, gut-wrenching and it’s life-changing. And some of them are saying how much more stressful it became because their parents had SO MUCH STUFF!
It turns out many experts suggest downsizing in order to not leave your children and grandchildren with things they don’t want or know what to do with. Remember, just because your kids may not be interested in your things, doesn't make their love for you any less.
Sadly, these haven’t appreciated in value. They’ve actually gone the other way. Something that may have been worth about $1500, is most likely now only worth $200. For example, heavily carved furniture isn’t popular anymore. Neither is oak.
Mint products usually sell for less than their purchase price.
Again, the price of silver has gone down so that silver platter is worth a lot less than it used to be. It’s also regional where people in the south may appreciate it more than people on the west coast.
People don’t go to such great lengths when entertaining these days. These days you can’t even give china away.
They aren’t worth what they used to be. That’s because the younger generation just isn’t interested.
Remember when oriental rugs used to be status symbols. Not so much anymore. Although high-end items still retain their value, mid-range items haven’t and what most of us will inherit are mid-range.