The Woodshop Shed

adventures in woodworking and home maintenance, from my shop in an oversized backyard shed

November 2022
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What will happen to your tools when you die?

Furnished content.
(from WoodNet.net)


A bit morbid perhaps but still a serious question. As we get older many of us increasingly consider our own mortality, even though we may not talk about it much. Many of us also have quite a lot of mooney tied up in tools and machinery while having family who have little or no knowledge of the true value of our kit or how they might realise it. Selling it on ebay is one answer but that that depends on having the knowledge required to describe it accurately and will they want to spend the considerable amount of time needed to sell the contents of a well equipped workshop when they have busy lives of their own.. All too often I'm afraid such collections end up in the hands of dealers who exploit ignorance and pay a tiny fraction of the real value.

So what to do? I don't have any easy solutions, but one thing we can do is to review our inventory. If my experience is anything to go by, as we get older the projects we take on get smaller as does the range of tools we use. Couple this with the woodworker's natural tendency to acquire a lot of kit over time and analysis of your inventory will very likely reveal a lot of kit that rarely, if ever, gets used, and get rid of it now. I did this about a year ago and was be surprised at how it built up to quite a sizeable sum. If you need the money that's great or you can give it to the kids. I was in the lucky position of not needing the money so decided to donate it to the cancer charity for whom my son-in-law worked was a fund-raiser at the time which made both of us very happy.

I still have the problem of the rest of my stuff but at least it's a bit smaller. I w ould be very glad to hear of any ingenious solutions other members of the forum may have come up with.


Jim

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posted at: 12:00am on 07-Nov-2022
path: /Woodworking | permalink | edit (requires password)

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