Estate Auctions are the method used to bring liquidity to an estate.
Often families, the children of older adults, do not know where to begin the process of dissolving an estate.
Prior to the auction it is often necessary to follow formal procedures in settling the estate.
The process is called estate Administration. Both state and federal law establish certain requirements which must be followed.
At True Blue Auctions, we specialize with these delicate matters having compassion and the families best interests always in mind when liquidating personal property. We provide a full comprehensive service including auction of personal belongings & real estate to bring settlement of the estate.
Regardless of the size of the estate, our team of auctioneers and crews are able to provide appraisals, packing, moving and complete full clean outs of homes, businesses, farms & more.
Prior to the passing of a loved one proper estate planning should have taken place. People need to be careful today when planning an estate.
The proper use of living revocable trusts,wills and other estate planning tools should be made and implemented.
Families should do everything possible to avoid probate. The use of a revocable living trust used correctly can bypass the probate process.
We at True Blue Auctions are here to serve families who have the need to bring liquidity to the property that has been passed on.
The auction method is used to help the estate sell the property – homes and the contents, farms and equipment, antiques and collectibles, etc. True Blue offers on-site or live real estate auctions as well as online real estate auctions.
If your family has an estate that needs dissolved and wants to have it effectively marketed where competitive bidding takes place to give your family the best opportunity to receive and bring resolution to the property of the estate.
No matter the type of property involved, an estate or trust settlement may require the executor and/or executrix to exercise fiduciary responsibility by real estate transfers.
The True Blue Auctions team are committed to maximizing the net proceeds from real estate property in the shortest period of time, a mission that fully supports the obligations of executors and trustees.
Another exercise in fiduciary responsibility occurs when a company works its way out of bankruptcy.
Again, maximum capital recovery in the shortest time possible might be one of the recommendations.