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What if there are difficult-to-value assets, like some types of real estate, antiques and collectibles with thinly traded markets, a business or share of a business (not publicly traded stock), etc.? Or family heirlooms that the heirs may feel is much more valuable to them than their monetary value from selling?
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That’s a fair question, but valuing things is the second step. Listing them is the first, and ought to be straightforward for assets of higher value. If there is a trove of personal property, then that could be a problem…but my guess is that most personal property is worth at most .25 on the dollar against what the heirs think its worth.