Liquidating the Estate is One Step in Closing It, so Here are a Few Ways to Complete This Task

White Pine Funeral Services • May 21, 2023

White Pine Funeral Services knows managing an estate after loss is challenging, so we have created a list of five expert tips to dispose of their belongings.

cremation services in Providence, UT

In most cases, an individual will have a home with belongings that need to be gone through after they pass away. The cremation services in Providence, UT, can lay them to rest; however, whether they have a large or small estate, the question is, what do you do with the remaining belongings? There are several methods to their belongings, so let's look at the top five recommendations. 


Know the Worth of Items 


The first step in the process is understanding the value of higher-priced items. This could be artwork or antiques, and it can be beneficial to hire an appraiser to look at their collection and give you a better understanding of their worth. There are some belongings that you may be able to get a higher price for, so don't toss any items out until they are appraised. 


Contact Auctions 


Auctions can be an excellent way to liquidate higher-priced items, and there are higher-level auction houses and regular auctions typically held locally. They are an excellent choice because they will be advertised and can catch the eye of bidders. The seller can also have a reserve auction where they require a minimum price for the item to be sold; just keep in mind that the companies may charge between 10% and 30% of the sale price for their fees. 


Hold a Sale 


A sale can be another great option, including a yard, garage, or estate. While garage and yard sales are typically for common everyday items, estate sales are generally known as higher-end events, and buyers expect to have a bigger price tag on things. If you combine low-end with high-end items, keep the more expensive belongings together and separate them from the rest. 


Utilize a Consignment Shop 


Consignment shops are another selling option; most shopkeepers want between 40 and 50% of the total sales price. Once the item has exceeded the time limit, it will be donated, which can take a lot of the headache out of the entire disposal process. 


Go Online 


There are also online platforms that can be used, like eBay or Craigslist. However, this does require extra work because photos will need to be uploaded, as well as the description, and it's not uncommon for individuals to offer lower prices, so chances are there will need to be some negotiation. 


Give the Items Away 


Once any valuable items have been sold, the remaining could be given away to friends and family or donated to local charities. And while they won't offer money for the donation, they give a tax receipt that can be written off later. 


Locally Trusted and Exceptional Services 


Going through an individual's belongings after a loss can feel like a challenging experience, and reaching out for support for this process is recommended. If you need to plan the cremation services in Providence, UT, our team is here. We take great pride in helping our clients to commemorate their loved one's legacy; contact us today to get started.


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