Resale value is the value an asset is expected to receive on the open market. A common example would be the property or vehicles of the estate as executors will attempt to maximize the resale value of these items. Some factors that impact the resale value of an estate's items include the condition of the asset (whether it is well maintained) and the market conditions (whether the asset is currently in demand).
What you need to know
A probate guide written for people who aren’t lawyers
Probate is notoriously confusing. Small estate affidavits, formal vs. simple administration, executors & executrixes— there’s more than enough jargon to make your head spin. We get it, and that’s why we made a probate guide that actually tells you what you need to know without assuming anything. You’ll walk away with a tangible timeline, actionable next steps and real clarity on what probate actually means for you and your family.
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After all, being a fiduciary isn't something that's just learned— it's a mindset that's demonstrated, tested and enduringly earned.
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