March 21, 2008, Newsletter Issue #130: Estate Sale

Tip of the Week

An estate sale is the sale of a person's or family's property after their death. The sale usually consists of, but is not limited to, real property and personal property. In terms of real property, items such as land and homes owned by the deceased are sold. Personal property offered usually includes cars, furniture, clothes, antiques, flatware, electronics, collectibles and any other items that were owned by the estate holder. Additionally, an estate sale may occasionally include other portions of the deceased's assets, such as stocks and bonds. These auctions are usually conducted by the executor of the deceased's estate.

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