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

Looking after them and keeping the secret was fine while your friend was still alive however he isn't. As such they are now no longer legally his and certainly not yours, instead belonging to the person to whom they were willed or the estate if they were not specifically bequeathed and if in the future it should somehow arise that he owned these watches and you kept them, well that's theft. Your problem is how to tell the wife. If you have kept these a secret will she think you're withholding anything else?

Was there an attorney involved in settling the estate? Maybe have a chat to them.