16 Nov

Using Estate Sales

Manya Deva Natan
Manya Deva Natan is a California Bar Certified attorney with the law firm of SSS Legal & Consultancy Services located in Calabasas, CA. Her practice focuses on International Estates, Trusts and Estates, Asset Protection, Trust Administration, and more. Manya received her law degree from Stanford University, as well as a Master's in International Affairs from Columbia University. She has completed extensive course-work and training in the areas of mental, physical, and emotional health, including being a published author. She is the founder of two publishing-based companies related to health and wellness and has particular interest in the legal and financial components of health and their importance in integrated health. She has appeared multiple times on Good Morning America and is regularly contacted by national media outlets for commentary.
Manya Deva Natan

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In an estate sale personal property in an estate is sold off at auction. These sales are becoming increasingly popular in the United States. There are a couple of groups of people who can take advantage of this trend.

 

Often when people inherit an estate it comes with lots of tangible personal property that has little sentimental value. It is just a lot of stuff that has to be dealt with.

 

Instead of keeping it or throwing it away, more and more people are holding estate sales.

 

Obviously, estate administrators and those who inherit estates can take advantage of an estate sale to get rid of estate property that is not wanted. However, elderly people can take advantage of this trend as well.

 

If a couple is looking to retire either to another state or a retirement home, they can sell their estate before it becomes an estate. The proceeds of the estate sale can be used for living expenses or even made a part of an estate plan. It becomes a way of disposing of your estate before your heirs have to do it.

 

Of course, you may not want to include all of your possessions in an estate sale. Valuable heirlooms and other items of value should be handled differently in your estate plan.

 

An estate sale is just one way of helping to manage things. It is not a substitute for a complete estate plan and, for that, you should engage the services of an experienced estate planning attorney.

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