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Paul Grow, the manager of the estates administration department at the law offices of Daniel Hunt, provides tips for trustees on how to start the process of liquidating assets after a death. Liquidating assets involves converting real property, personal belongings, and intangible assets into cash to distribute funds to beneficiaries. The three main types of property that need to be liquidated are real property, tangible personal property (such as furniture and jewelry), and intangible personal property (like stocks and bonds).
