Pamela Pierrepont Bardo,
A.S.A., A.A.A. Says:
"Anything lying around your home is only as valuable as the quality of the
advise you receive about it."
"What people don't understand is that residential contents can be one of a
family's largest assets."
"The contents of a home can very often be more valuable than the real estate
itself."
'Because women often inherit personal possessions and are responsible for
their upkeep, it's especially important for them to learn their value."
"What you really need to understand is how to buy insurance and how much to
buy."
"A video is only a small portion of the story. It can't prove quality and
condition at the time of loss, whether something is sterling silver, antique
or not....Insurance is only as good as what you can claim in the event of a
loss."
"You not only need appraisals you need to keep them up to date every two
years. My Firm does this routinely for a small fee ."
"The surprise is that appraising and correctly insuring usually costs less
than an inflated homeowner's policy"
"If you don't get your house in order, those who inherit from you will pay
as much as 30 percent in legal fees and as much as 55 percent in taxes."
"People need to die penniless on paper. They need to get not only the house
out of the gross taxable estate, they need to put the Oriental rugs,
paintings, and silver in a sheltered legal instrument too."
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