So many women tell me their inherited jewelry just sits in a box, so I had to talk with someone families call when they do not know what they have or what to do with it. Krista Cavanaugh left corporate leadership, executive coaching, and mediation for fine jewelry, and she soon found a gap nobody was filling. Estate lawyers and wealth planners told her jewelry was not part of their business, while families were left holding a shoebox or a baggie of pieces with no idea what was real, what it was worth, or who had been promised what. At Spoleto Designs she helps people document what they own, brings in the right appraisers and designers, and guides the family conversations that can get hard fast. She also privately sources fine jewelry for clients. In this episode we talk about how one bracelet gets promised to two sisters, why equal is not always fair, why an insurance appraisal will not tell you what a piece can sell for, when melting a piece down would be a crime, and why your stories disappear if nobody writes them down. In this episode 00:04 Welcome to What A Gem00:26 Lois's jewelry: ceramic beads from Nairobi, her mother in law's wedding band, an antique amethyst ring, and Georgian earrings02:42 Meet Krista and Spoleto Designs04:53 From corporate leadership and mediation to buying and selling estate jewelry07:13 The gap estate lawyers and wealth planners leave, and jewelry handed over in a baggie or a shoebox09:13 The mistakes families make: no real plan, casual promises, and pieces that are easy to walk off with11:39 Why equal is not always fair, and when a gold band means more than a $50,000 piece13:10 Do you need a plan if you only own one ring?15:07 Appraisals, and why an insured value is not a selling price17:30 What your insurance really covers, and lessons from the Pasadena fires20:01 Inherited jewelry you will never wear: keep it or redesign it?22:10 When melting it down would be a crime, and how to find a jeweler who redesigns24:48 Lois's stash of stones for future redesigns26:14 AI mockups, and why a good designer will not copy someone else's work28:32 Art value, mystery metals, and other reasons to think before you repurpose30:15 Auction, consignment, or private sale: what is your goal?31:28 When a piece is worth less than you think, and buying jewelry as an investment33:06 Watch chains, raging trends, and the joy of affordable estate finds35:11 The tennis bracelet Lois calls her armor37:13 Get your stories documented37:30 Three daughters, three picks, and how to plan a fair distribution40:10 Talking about it, and a grandmother's Sharpie on the bottom of the coffee mugs42:54 When stress brings out the worst in families, and who to trust44:20 Krista's last piece of advice: wear your jewelry45:04 Where to find Krista46:02 Thanks for listeningFind Krista and Spoleto Designs: Website: https://www.spoletodesigns.com Instagram: https://www.instagram.com/spoleto_designs Facebook: https://www.facebook.com/Spoleto-Designs-61567701066842 LinkedIn: https://www.linkedin.com/company/spoletodesigns/ Follow What A Gem New episodes every other week. If you enjoyed this one, follow the show so you never miss an episode, and leave a quick review to help other jewelry lovers find us. Listen on Spotify: open.spotify.com/show/033EEG7wBiuaCEyJcmRMQO Watch on YouTube: youtube.com/@PodcastWhatAGem Instagram: instagram.com/PodcastWhatAGem Facebook: facebook.com/profile.php?id=61576520276933