Musing about doing as I'm saying, not as I'm doing.

Sometime ago a fellow woodturner, well off and ostensibly a fine
gentleman related a disturbing gloat. At least it disturbed me and I
believe it would be disturbing to most of you here. He had offered the
widow of a recently deceased woodturner $8.00 for his Glaser and Sorby
bowl gouges and she accepted. She is not too well off, but he saw
nothing wrong. He was smug and even laughed during his gloat. True, he
didn't know the deceased, but should that matter?
I reckon ethics are in the conscience of the buyer, so I will skip that.
However I wonder if your widowed spouse wouldn't assume that your $50
boxed set of Harbor Freights would be worth much more than your grimy
old Glaser, and as for that worthless thingamajig full of dirty water
(Tormek) she would likely say "take it if you want it". Then there's the
bereaved spouse who way overvalues 'old Joe's' tools because he loved
them so.
I haven't and probably most of you haven't either, but we should make
our spouse or somebody knowledgeable about the value of our tools.
Better would be to inventory and price out our tools conservatively and
make a fellow turner, relative, family friend or attorney aware of the
list. It is surprising how much our tools are worth. Certainly enough to
consider adding them to a revocable trust or will or designated as
gifts. While waiting to turn our final finial, the listed inventory
could be important in insurance loss situations. Of course, we all know
this, so why waste the bandwidth. Why indeed!
What have those of you who have at least done _something about the other
half of
that "death and taxes" inevitability thing arranged for? I'm 86 and
still paying taxes, but as to what will happen to my lifetime
accumulation of tools, unless I 'do' instead of 'say', probably an
unethical fellow turner or a junk man will decide for me. I mean to do
something about that tomorrow, but for now, think I'll go out in my shop
and enjoy turning some wood. Sad, but true for me and just maybe for
some of you. knowatimsayn?

Turn to Safety, Arch
Fortiter
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Reply to
Arch
I believe in a "fair crack of the whip", if the tool is worth x he should have paid x but that`s me. I discussed this with my wife a while ago who said she would leave the workshop as a shrine :), seriously though, the receipts are all in a file, between herself and a friend the tools would be sold for what they are worth.
Reply to
Boru
(clip)He had offered the widow of a recently deceased woodturner $8.00 for his Glaser and Sorby bowl gouges and she accepted. She is not too well off, but he saw nothing wrong. He was smug and even laughed during his gloat. (clip) ^^^^^^^^^^^^^^^^^^ I think that's disgusting. Maybe some of the people who witnessed the gloat, or otherwise know what a S*** he is will have a chance to get back at him. One thing not to do--when he dies, don't punish the widow. She's been punished enough. (And I haven't even met the guy.)
Reply to
Leo Lichtman
On the wall of my shop is a sign Grandson 1 gets auto tools Grandson 2 gets woodworking tools The 3rd borrows what he needs I just hope my kid stops having babys...... Jr
Reply to
Jerry - OHIO
> Sometime ago a fellow woodturner, well off and ostensibly a fine > gentleman related a disturbing gloat. At least it disturbed me and I > believe it would be disturbing to most of you here. He had offered the > widow of a recently deceased woodturner $8.00 for his Glaser and Sorby > bowl gouges and she accepted. She is not too well off, but he saw > nothing wrong. He was smug and even laughed during his gloat. True, he > didn't know the deceased, but should that matter? > > I reckon ethics are in the conscience of the buyer, so I will skip that. > However I wonder if your widowed spouse wouldn't assume that your $50 > boxed set of Harbor Freights would be worth much more than your grimy > old Glaser, and as for that worthless thingamajig full of dirty water > (Tormek) she would likely say "take it if you want it". Then there's the > bereaved spouse who way overvalues 'old Joe's' tools because he loved > them so. > > I haven't and probably most of you haven't either, but we should make > our spouse or somebody knowledgeable about the value of our tools. > Better would be to inventory and price out our tools conservatively and > make a fellow turner, relative, family friend or attorney aware of the > list. It is surprising how much our tools are worth. Certainly enough to > consider adding them to a revocable trust or will or designated as > gifts. While waiting to turn our final finial, the listed inventory > could be important in insurance loss situations. Of course, we all know > this, so why waste the bandwidth. Why indeed! > > What have those of you who have at least done _something about the other > half of > that "death and taxes" inevitability thing arranged for? I'm 86 and > still paying taxes, but as to what will happen to my lifetime > accumulation of tools, unless I 'do' instead of 'say', probably an > unethical fellow turner or a junk man will decide for me. I mean to do > something about that tomorrow, but for now, think I'll go out in my shop > and enjoy turning some wood. Sad, but true for me and just maybe for > some of you. knowatimsayn? > > Turn to Safety, Arch > Fortiter > >
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Arch our Guild just went through the process of sorting and cleaning out a deceased member's workshop at the request of his widow. All the major stuff was valued at market value and sold. The club was compensated by receiving all the little things such as magazines and wood as well as a few tools that didn't sell, as a donation. We had a silent auction and raised money for the club funds at the widow's request. This seems a fair way to handle the inevitable with little distress to the surviving family members.
Reply to
Canchippy
Tough question, about did he rip off the widow.. Seems that a lot of folks that have money got it by being cheap and wheeling and dealing, but there's a place for that.. IMHO, if the tools were marked that cheap, I'd sort of ask the lady if she was SURE... It sounds like she had no idea what she was selling.. OTOH, maybe she didn't care and just wanted them out of sight and mind..
My will says that my wife gets everything and if she wants to share the tools with our kids, that's up to her.. She probably knows the value better than I do, I buy the low or mid range stuff and she buys the more expensive stuff for me..lol
mac
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Reply to
mac davis
Watch your back..lol I figure that between life insurance and tools, I'm worth a hell of a lot more dead than alive..
mac
Please remove splinters before emailing
Reply to
mac davis
cheap, (clip) ^^^^^^^^^^^^^^^^^ Mac, did you miss this line in the original post: " He had offered the widow of a recently deceased woodturner $8.00 for his Glaser and Sorby bowl gouges and she accepted." Not a touch call at all--the guy is a cheap, dirty bastard.
Reply to
Leo Lichtman
Hi other Leo I read that part Leo, and that's where the real difference comes in, to go in and rip off someone vulnerable, and than have the guts to gloat about it. A dirty bastard, yes a real low life, scum I'd call one like that, equal to someone that comes in and steals your stuff.
Have fun and take care Leo Van Der Loo
On Nov 17, 11:50 am, "Leo Lichtman" wrote:
Reply to
l.vanderloo
On Sat, 17 Nov 2007 16:50:30 GMT, "Leo Lichtman" wrote:
I have no doubt that you're right about the guys character, Leo.. I'm just saying that IF the tools were marked/offered for too low a price, I'd ask if they were sure, but a lot of folks would just figure that it's a good deal and gloat.. I've been called an idiot before for asking folks if they were really sure on pricing something if it seemed too low.... Guess it's all those years selling real estate..
mac
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Reply to
mac davis
in message news: snipped-for-privacy@4ax.com...
(clip) I'm just saying that IF the tools were
^^^^^^^^^^^^^^^^^^^^ Mac, I understand now. Let's jump from woodturning and ethics to what may seem like a trivial grammatical point. If you had said, "If the tools *had been* marked/offered at too low a price," I would have had no quarrel at all with your response. I agree with that version exactly. By the wording you used, I got the implication that the tools might have been MARKED at those low prices.
I am a curmudgeon, who hates to see the subjunctive mood fading from the language, and this is a case where it did make a difference. Usually, I admit, it DON'T.
I shop at flea markets regularly, and I have sometimes offered more than the asking price for things, when they were REALLY worth it. The result is that, over time, these vendors have come to know me, and I get bargains.
IOW, ethical practice is a good gimick .
Reply to
Leo Lichtman
Well, that's probably still a long way off for me, so my solution is to have put a large enough insurance policy on myself so that if something untimely were to happen to me, my wife would not have to worry about money from my tools or any other source for quite some time. The life insurance in question might be overkill, but I figure that if I should happen to die young, there's no reason not to leave an independantly wealthy widow.
In a longer term, I try to find good homes for any tool I've replaced, going more for getting them into the hands of someone that will use and appreciate them more than by figuring out thier actual value. I figure I've already got my money's worth out of most of the tools I own, and can afford to let them go cheap, provided I already have the replacement. Once I get too old to enjoy using them, I intend to find a young woodworker and/or machinist to pass them along to before I go- and if I can't bear to part with them for old times' sake, I'll draw up a will to that effect.
The last thing I want to think about is a lifetime's worth of accumlated tools being divided up and auctioned or sold at a garage sale to become somebody's gloat- I'd much rather let them all go together for nothing, and know that they're entering the care of someone who needs them and will use them.
Reply to
Prometheus
this is timely - I've been building up my metal working tool kit, and I see a lotof auctions on ebay that say "my father was a machinist, don't know what these are" - so, here are some things you can do
1. make sure someone in your circle of friends/family actually knows what hte stuff is, and what is very expensive and what is not - in this case I have one very technically minded daughter, but it could be anyone
2. make some written arrangements
3. if you are infirm it's best to dispose of while you are still in control - though that is a distressing thought
Reply to
William Noble

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