OK, Moderators are free to move this if they want, but this is becoming so important in the collector-car world that I wanted as many people to see it as possible, and many folks don't read Stove-Huggers:
Losses and Lessons: Title trouble makes Chevelle loss tougher to take
Here's why this is becoming more important as time passes:
1. As many of us age and ultimately take leave of the planet, we will be leaving an inordinate number of collector vehicles behind. Assuming that the people who bury us are sad to see us go (BIG assumption, I know), the last thing we'd want to do would be to increase the difficulty of their settling our/your estate.
2. Again as time goes on, it will become increasingly difficult to title a vehicle with shaky or no paper work. The best time to get your ducks in a row is when you are alive!
3. The opportunity for nefarious behavior by people of ill will or bad intentions after you are gone is greatly reduced if all titles are in order. How about if you have a nice car sitting around but "never got around" to titling it in your name and you pass away? The person from whom you bought it is in an excellent position to come take the car back, even though it would be grossly immoral to do so, if you never turned in the title (or other suitable paperwork) and got a fresh title in your name before you passed away.
Don't Laugh; I was involved in settling a dispute of this very nature several years ago, when the person from whom the deceased had bought a collectable STUDEBAKER decided he'd just keep it because the purchaser had yet to pick it up, even though it was all paid for in good money.
Please, everyone; I know it's a PITA, but get your vehicles titled in your name. It's darn near as important as having a good battery hold-down. BP
Losses and Lessons: Title trouble makes Chevelle loss tougher to take
Here's why this is becoming more important as time passes:
1. As many of us age and ultimately take leave of the planet, we will be leaving an inordinate number of collector vehicles behind. Assuming that the people who bury us are sad to see us go (BIG assumption, I know), the last thing we'd want to do would be to increase the difficulty of their settling our/your estate.
2. Again as time goes on, it will become increasingly difficult to title a vehicle with shaky or no paper work. The best time to get your ducks in a row is when you are alive!
3. The opportunity for nefarious behavior by people of ill will or bad intentions after you are gone is greatly reduced if all titles are in order. How about if you have a nice car sitting around but "never got around" to titling it in your name and you pass away? The person from whom you bought it is in an excellent position to come take the car back, even though it would be grossly immoral to do so, if you never turned in the title (or other suitable paperwork) and got a fresh title in your name before you passed away.
Don't Laugh; I was involved in settling a dispute of this very nature several years ago, when the person from whom the deceased had bought a collectable STUDEBAKER decided he'd just keep it because the purchaser had yet to pick it up, even though it was all paid for in good money.
Please, everyone; I know it's a PITA, but get your vehicles titled in your name. It's darn near as important as having a good battery hold-down. BP
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