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In this video, Paul, the grow manager of the estates administration department at the law offices of Daniel Hunt, offers guidance for trustees on liquidating assets after a death. He explains that liquidating assets involves converting hard assets—such as real estate and personal belongings—into cash, which is necessary for trust or estate administration and ultimately distributing funds to beneficiaries. Paul outlines three main types of property to be liquidated: real property (real estate owned by the decedent), tangible personal property (automobiles, furniture, heirlooms, clothing, jewelry, collectibles), and intangible personal property (stock certificates, bonds, and CDs). The tutorial aims to provide a clear process for handling these assets.