Estate Sales Become Big Business As Nation Ages
As the older generation passes, families are often faced with the daunting task of disposing of their loved ones belongings. After taking any items of special significance, the heirs or administrator will often turn to an estate sale in order to raise funds to distribute to will beneficiaries or pay for funeral and probate cost. A result of this trend is that professional estate sales organizers have grown in popularity as they bring expertise about the process to individuals that want to avoid the stress of setting up the sale themselves. In addition, professionals will be able to identify items and their value that might be unfamiliar to a laymen. As the over 65 population is expected to double in the coming decades we can be sure that the estate sale will become a common sight.
SeeKristen Jordan Shamus, Estate sales boom with aging demographics, Detroit Free Press, September 5, 2015.
Special thanks to Brian Cohan (Attorney at Law, Law Offices of Brian J. Cohan, P.C.) for bringing this article to my attention.