Years ago, my grandparents were robbed. While going through the house and noting the missing items, my grandmother told my mother she was grateful they did not find the family silverware hidden in the attic staircase. This was the first time my mother had heard of the hiding place and told my grandmother, “I would have sold this house having never found the silverware.”
Nearly everyone has a hiding place for a few special, tangible items, and increasingly many individuals have assets that are not easy to identify or locate. After the death of the owner of such assets, it can be very difficult for the personal representative of the estate to locate and take possession of all of the decedent’s assets.