Extension > Family > Financial Security for Later Life > Who Get Grandma's Pie Plate?™ > Inheriting Memories
Inheriting Memories
Marlene Stum, Professor and Extension Specialist, Department of Family Social Science
Reviewed February 2012
Almost everyone has personal belongings such as wedding photographs, a baseball glove, or a yellow pie plate that contain meaning for them and for other members of their family. What we've learned by listening to families and attorneys is that often the non-titled personal property that creates the greatest challenges for families when estates are divided — not the money. When doing estate planning, families too often talk about the house or the investments; but they forget to plan ahead or discuss personal possessions. Do you know what items have special meaning or value in your family and why? Do you know how to get started to communicate and plan ahead?
What's Unique About Personal Possessions and Inheritance?
- The sentimental meaning attached to personal possessions can make decisions more emotional.
- Objects can involve the process of grieving and saying goodbye.
- Objects help preserve memories, family history, and family rituals.
- Being fair is complex.
- Personal belongings will have different value and meaning to each individual.
- It is difficult to measure the worth or value of personal property.
- It can be impossible to divide items equally.
- Distribution methods and consequences are not widely understood or known.
For more information, see the Who Gets Grandma’s Yellow Pie Plate?TM Workbook (booklet or interactive CD) or Resources for Families.
Related Resources
- Everyone is Affected by Property Transfer
- Are You Prepared to Transfer the Yellow Pie Plate?
- Family Stories About Transferring Property
- Families and Inheritance: Tips for Planning Ahead
- Families and Personal Property Inheritance: A Top Ten List for Decision Making
- Critical Conversations About Inheritance: Can We Talk?
