For a diversified estate plan, I was wondering about the tax implications of burying stuff and leaving a map for heirs to find it. LINK
What are the tax implications? In other words, how long does it have to be buried before somebody else can claim it tax-free? Worst case I could just bury some cash or gold coins.
For legal CYA, would it be better to leave the map and directions noted in the will or just a cryptic map inside of an envelope?
Has anyone done this as part of a diversified estate plan? For a small fraction of the estate, it can't be any worse than putting that money in universal life insurance, right? Plus the competing heirs get to go on a Hardy Boys -style mystery caper to actually work for a piece of the money.