Oh no way you have his $150k watch collection?! I would definitely give her his $100k watch collection back.
this post was submitted on 14 Nov 2023
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It would be crazy to keep that $20k watch from her. She may not be happy he spent so much on watches, but she'll really appreciate the vacation and clothes that selling his $5k watch will bring her.
Honor him, wear them, love them.
Tell the person who legally owns the watches: The wife.
Don't tell her. He asked you not to. Honor his wishes.
Im a slavic dude from the Balkans. Knowing my culture well I already know that the decent thing to do is never done if you can get the bag of gold and run into the sunset free of charge.
Why would you buy watches you could never wear?
Don’t break your promise.
It sounds like the widow is your new business partner. Do you want to start that relationship by stealing $200,000 from her?
Give them to her, offer to help as much as you can with the abrupt and painful transition into the business, and let the her handle the estate.
If she offers one as a remembrance, DO NOT choose the most expensive one.
Hi OP, sorry for your loss. The loss of someone near and dear is hard and I hope you get the strength to get by with memories to remember him by. No legal advice from me. Sorry.
What are the watches?
What if the deceased owner considered the watch collection property of the business? Ie. he purchased the watches through business in order to keep the expenses hidden from his spouse? If the business partner is co-owner of the assets of the company, could he then claim ownership?
Just spitballing here…
I would keep the watches but marry the wife, you will take care of your friends wife now that he is gone and wear the watches in his honor.
He'd never forgive you for giving them to his wife who is likely to exchange it for money. His collection is a memento for you. His hard work and effort trying to collect those watches will be in vain.
If you were my friend I'd want you to have the watches
Dont tell and dont sell - no problem.
What’s crazy to me is that person with obvious assets DIDN’T have an estate/will in place. Even if you don’t have significant assets, you should still seriously consider having a will.
The only ethical thing to do is to make sure the estate gets it. If the estate is the wife and if she goes travelling and shopping with that money, that's up to her.
- Do not ever tell my wife about my secret watch collection.
- ok lol
*dies*
what are you gonna do?
Id consign them to sell to a reputable dealer like Watchfinder etc, and give the cash to his wife saying something like emergency fund for the business, or some little white lie like that.
That way she wont feel betrayed by his mistrust, and keep his image as a good husband, and still get the money.
Your business partner hid $200k from his spouse?
lmao lotta lawyers walking back the whole “Possession is nine-tenths of the law” thing, shocking
I'd say they're yours to keep. He trusted them to you, not his wife, because he knew his wife did not respect his hobby. You are someone that did.
I wouldn’t betray his trust, if he wants it with you, you should keep it.
Do not just give the wife the watches. Turn the watches over to a lawyer and allow the lawyer to turn the watches over. Protect yourself from any claims that you did not return a watch(es).
"What watches?"
How much does the wife want for the collection? Asking for a friend. Seems that $250 would be a fair amount, but I... I mean, my friend would be willing to go to $350 in the circumstances.
Keep them and don't say a word. If the gentleman knew his wife better than you. If he didn't trust her than neither should you. I'm sure he is happy with where they currently are.
This might not be the ethical thing to say, but he told you not to tell her. Honor that. He trusted you with those watches and will continue in his passing to trust you with them. If you want, I would liquidate and give her a check, say it's from the company or something.
Keeping the watches can equal jail time in some US states.
The moral thing in my opinion is to not break the promise you gave to your friend. Might not be the legal thing to do though.
Does he have kids?
Sounds like he was quite adamant that his wife was not to know these existed.
I would keep them, and if he has kids pass them down over the years.
Idk if it were me, and I left something valuable with my friend because I didn’t trust my wife about it, that thing would be my friend’s upon my passing. If he chose to give it back to my wife that’s his generosity
It's not some side chicks or immoral things he kept from his wife dude, just give it to her and tell her about it. I think she would've appreciate it.
Doesn’t sound like he gave it to you, so they are not yours to keep. I don’t understand how people are justice in telling you to keep them. You do t have to tell his wife that they are his watches. Just liquidate and give her the money as “business” payout.
Well shit, if you wanna donate them to help kids in the hood so they can stop doing crime I know a nonprofit.
I would keep the ones I actually love to use and to remember a dear friend and sell the rest.
He is dead and you would still keep the promise this way.
No kids means bros before hoes. Wear it in better health than him!
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