Just had my first baby boy and have some watches I’d like to stay in the family after I’m gone. If I have another child, how would I fairly pass on each piece? Do I let them take turns choosing with the first pick going to winner of rock paper scissors best of 3?
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the best way to control your children after you die is through a trust. if you don’t put assets in trust, then there is no guarantee that they won’t sell it immediately and take the cash to give to their spouse.
https://duckduckgo.com/?q=how+do+rich+people+use+trust+to+control+kids&t=osx&ia=web
You’ll see an identification post on reddit about how a relative has passed and help is needed to authenticate and value some cheap watches in badly worn out condition.
Sit on it and see how things play out. When they are old enough there might be a watch that suits their style, or might hold a special meaning to them.
You might have a Longines or something you had in mind for them, but they might be more attached to your g-shock that you’d wear when going out to play basketball with them. Or something like that.
My final act before dying will be to replace all my watches with horrible replicas. Then I’ll leave a note to the inheritors to inquire about the value of each watch on reddit.