Cavendish strongly advises that you make a Will to ensure that your estate, including your valuable philatelic collection, passes to those whom you wish to benefit. Ideally, your Will should include instructions regarding your collection.
Cavendish recommends that you appoint two "Philatelic Executors" (a collector friend and Cavendish) to advise on and deal with your collection in the strictest confidence.
If you have already made a Will, you should review it regularly to make sure that it is up to date. You can add a Codicil to an existing Will in order to make amendments or additions, or you can start again by making a new Will.
If appropriate, you can leave a separate letter of instructions with your Will setting out your specific wishes regarding your collection. Cavendish recommends the following wording:
"It is my wish that Cavendish Philatelic Auctions Limited of Cavendish House, 153-157 London Road, Derby DE1 2SY, England shall be consulted by my executors/trustees in connection with all aspects of my philatelic collection(s)."
A further sentence or two giving your reasons for this can be added.
A dated copy of these instructions should be placed with your Will and a further dated copy should be sent to Cavendish at the same time.
Cavendish recommend that specialist Executor labels (available free on request) be stuck in each album, worded as follows:
IN THE EVENT OF MY DEATH, PLEASE CONTACT CAVENDISH PHILATELIC AUCTIONS LIMITED, Cavendish House, 153-157 London Road, Derby DE1 2SY, England (telephone 01332 250970) IN ACCORDANCE WITH MY WILL/INSTRUCTIONS