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communick@style.land

[collection] friend left his collection with me and passed away. (alien.top)

submitted 1 year ago by No_Rent_6845@alien.top to c/watches@style.land

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He’s also my business partner. He kept his watch collection with me since his wife doesn’t allow him to buy watches and made me promise not to ever tell his wife about them. Not only because she doesn’t like it but also because she will definitely ask him to sell them and probably spend the money on clothes and traveling like she often does.

He lets me use the watches in the condition that I don’t cause any damage. But now that he passed away it doesn’t feel right any more.

His watch collection is worth about 200K$ in todays market. I think the lawful and ethical thing to do is to break the promise and tell his wife but I’m not sure that’s the right thing to do since he made me promise not to tell her.

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[–] Conscious_Hunt9439@alien.top 1 points 1 year ago

Not sure how your business is structured, but with his passing, you’re likely now business partners with his widow. I could see this complicating matters and reinforcing the need to be above board with the collection, even if there wasn’t an ethical obligation to do so.

On the plus side, maybe your attorney could work out some sort of deal that considers the watch as an asset of the business as you unwind that relationship, if that is what’s going to happen.