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Showing posts from October, 2022

How to Liquidate an Estate’s Securities and Real Estate in the United Kingdom?

An estate administrator has a number of different responsibilities, but one of their main roles is to liquidate (which means to distribute or sell) the assets of an estate. Such liquidation can be helpful when it comes to paying off any debts that have been racked up by the estate, as well as expenses they have incurred, making the distribution of the remaining assets a lot easier. The process involved in the liquidation of an estate is going to vary. When selling stocks and bonds, the way these assets are held is important to consider. On the other hand, if you are selling real estate, then you might want to consider hiring a broker and obtaining the necessary probate court approval. There are a number of reasons why it might be possible for you to liquidate assets before you distribute them. These include the following: Read How to Liquidate an Estate’s Securities and Real Estate in the United Kingdom 

How to Liquidate Assets Post-Death in the United Kingdom?

If a loved one of yours has died and you have been appointed as the trustee, then you might be wondering what you should do with everything that they have left behind. It can all be a bit overwhelming when you consider the amount that has been left to you, knowing that you are responsible for effectively distributing all of these different assets, ensuring debts are paid, and the correct beneficiaries receive what is owed to them. If you are feeling a bit overwhelmed by everything, then it might be worth speaking to some experts who will be able to help. Below are some tips on how you can effectively start the liquidation process of someone’s assets once they have passed. Firstly, it is worth discussing what it actually means to liquidate a person’s assets. When you liquidate assets, this means converting hard assets (which include the likes of personal belongings and property) into cash. This is an essential step in the estate or trust administration process as it will allow you to di

What Can Simple Liquidation Do for Your Business?

Liquidating your company can often be a stressful task. This doesn’t have to be the case, though. Simple Liquidation was set up to help so directors like yourself can do it quickly and efficiently. Each of our liquidators is authorised by the Insolvency Practitioners Association and the Institute of Chartered Accountants in England and Wales. We are not an intermediary, a sales company or a broker; we are a team filled with experienced industry professionals boasting a range of knowledge and expertise. We take pride in the knowledge and expertise that we are able to offer our clients from the beginning of the process to the end. Liquidation is selling a business’s assets and then using the proceeds to pay off any debts that said business has. After these assets have been sold and the debts have been paid, the business is permanently closed down. There are two kinds of liquidation, which include: Check Simple Liquidation Services