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Paul Grow, 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, tangible personal property (such as furniture and jewelry), and intangible personal property (like stock certificates) into cash. This step is crucial in trust or estate administration to distribute funds to beneficiaries and complete the administration. The three main types of property that need to be liquidated after a death are real property, tangible personal property, and intangible personal property.