Home Inventory Tools
| Company | Solution | Website |
|---|---|---|
| Insurance Information Institute (I.I.I.) | Know Your Stuff Home Inventory | www.knowyourstuff.org |
| Quicken | Quicken Home Inventory | www.quicken.intuit.com |
| Sharewareconnection | Weddle’s Home Inventory Tools 1.0 | www.sharewareconnection.com |
| Strongtech | EZasset | www.ezasset.com |
Dealing with Liquid Assets
Selling Liquid Assets
U.S. tax policy in the states that an asset’s tax cost basis can be adjusted and higher taxes can result.
Sometimes it may be advantageous to declare an “alternative date of death value” when an estate tax return (706) is to be filed. The alternative date of death value is the value six months after the date of death. This might help lower capital gains taxes in some circumstances.
If, however, assets are sold before the alternative date then the value in the estate tax return is the amount of the actual sale.
*Disclaimer: Before taking any action, seek the advice of a qualified attorney and tax accountant.
Appraisals and Auctions – Sell Estate Contents Now
There are ways to manage the sale of your estate contents.
The best way to sell estate contents with a minimum of hassle is to use one or more of the following resources:
- Sales by Mona (a managed sale (done for you) of your estate contents with disposal of the remainder to charity, convenient and efficient)
- Appraisers
Martin Emerson Low, Senior Systems Engineer
Peter Lopipero President and CEO
