What is an estate sale?
An estate sale is a type of sale that is held in order to liquidate the assets of an estate. This type of sale typically takes place when a deceased individual has left behind their estate, and their heirs and/or legal representatives need to liquidate the property and assets in order to pay any debts and taxes. In Washington, estate sales are often managed and coordinated by a court-appointed executor. These sales can include the sale of a deceased individual’s home, furniture, artwork, jewelry, and other personal property. The proceeds of the sale are typically used to pay off any debts that the deceased individual might have incurred, as well as taxes owed to the state and federal government. The remaining funds are then distributed to the heirs according to the terms of the will of the deceased individual.
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