Executor Estate Sales in Maryland, Virginia & Washington, DC
It is never easy to lose a loved one. Whether the loss was sudden or expected, as the executor of the estate you must bear the burden of handling their estate. We understand the weight on your shoulders and can help you navigate the legalities and logistics involved so that you may settle the estate and conclude the estate sale as quickly and conveniently as possible.
Preparing for Estate Sales
It is always easiest when your loved one prepared a will that spelled out who gets what and how they want their assets distributed. Most prepared wills spell out the disposition and distribution of heirlooms and liquid assets. However, these often overlook other items of potential value. These include home furnishings, electronics, and other items that may have a modicum of financial value but little sentimental value.
iStuffSellers can help you liquidate assets you would like to sell and help you figure out the best prices of the possessions in the home. However, there are a few things you can do to prepare for the estate sale, such as:
- Take pictures – Sometimes there may be more than one of a type of possession. Pictures are an easy way to show us or other heirs the things that need to be sold or kept.
- Search the home – Possessions can be hidden in a home or lost behind furniture for years. We highly suggest you look through attics, closets, and behind/under furniture in the home to make sure everything of value has been found.
- Make lists – Being organized can help you be sure that the things you want to keep and the things you want to sell are kept separate.
- Organize – Things like personal papers, pictures, and firearms should be put in separate, locked boxes for safekeeping. Make sure all the firearms are unloaded, if you decide to sell them.
We can help get the ball rolling on your estate sale. If you're the executor of the estate, contact iStuffSellers and we'll help you take the next steps.
Managing Unplanned Loss as an Executor of an Estate Sale
It is not uncommon for people in the Northern Virginia/Washington, DC region to die without a will. When this happens, the laws of intestate succession come into play and it is often the spouse, oldest child, or parent who is assigned as the executor of the estate. While your attorney will help you navigate the legalities involved, we will do our part to help you handle the physical assets and take that burden off of your shoulders.
From antique china to jewelry, we will provide you with an accurate appraisal of each item's value so that you can determine what to sell, what to hold onto, and what to give to other family members. In certain cases, you may determine that an item's value will continue to appreciate, making it worth holding onto.
Guidance & Support Throughout the Estate Sale Process
Death is an emotionally and mentally taxing event for everyone involved. We understand this and help our clients navigate the process of liquidating the estate as quickly as possible. As a third party to the process, it is our responsibility to focus on the process of helping our clients dispose of:
One of the most important services we offer is helping our clients determine the current value of these assets so that they can make decisions based on accurate data. This is essential, as many estate estimates are not updated over the years. If an estate is 10-20 years old, the value of the estate can be considerably different than recorded in the will.
Do you have questions about the current value of the physical assets in the estate? Contact iStuffSellers to contact our estate sale experts and to schedule an appraisal.
iStuffSellers Provides Estate Sales for Executors of Wills
As executor, you may be responsible for dividing the proceeds of an estate sale among the deceased's beneficiaries. We make this process easy for you by providing a full accounting of the item's appraised value, sale price, and any fees or expenses associated with the auction.
It is our goal to make processing everything from the tax paperwork to the distribution of checks as expedient as possible. Following the sale, we can also send the checks directly to the beneficiaries that are aligned with the percentages specified in the individual's estate or as determined by the executor, courts, etc.
iStuffSellers is ready to help you navigate the legalities and logistics of conducting an estate auction. We encourage you to contact us for more information on our services and to discuss your specific needs.