One of the traditions I experienced when my ex-wife's family member passed away in the 1990s was a fairly significant monetary gift (then about $1,000) my in-laws specified should be spent on an heirloom or memorial gift for myself. They said it should be something I would keep with me all my life, and that would be useful. So I bought a pocket watch and a wristwatch. I chose, as executor, to carry that tradition along, with my Dad's passing...