Passing down heirlooms is often about more than monetary value. Whether it is a grandfather’s watch, a portrait that has hung in the family home for generations, or a set of china brought over from the old country, these items carry emotional and cultural weight. In high-net-worth families, those heirlooms often sit alongside substantial financial and business assets, and failure to plan carefully can spark long-term family disputes, litigation, and unnecessary loss. If you are part of a fa...
