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 estate executor, 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 prepares a will spelling out who gets what and how they want their assets distributed. Most drafted wills spell out the disposition and distribution of heirlooms and liquid assets. However, these often need to pay more attention to other items of potential value. These include home furnishings, electronics, and other things 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 for 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 type of possession. Pictures are an easy way to show other heirs or us what must 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 the home table to ensure everything of value has been found.
Make lists – Being organized can help ensure 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 guns are unloaded if you decide to sell them.
Managing Unplanned Loss as an Executor of an Estate Sale
It is common 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 estate executor. 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 some instances, you may decide that an item’s value will continue to appreciate, making it worth holding onto.
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 fully accounting for the item’s appraised value, sale price, and any fees or expenses associated with the auction.
Our goal is to make processing everything from the tax paperwork to the distribution of checks as expedient as possible. Following the sale, we can send the checks directly to the beneficiaries aligned with the percentages specified in the individual’s estate or as determined by the executor, courts, etc.