Fred was well-loved by all his neighbors. He had cherished friends among other wooden boat enthusiasts. However, he had no heirs or close family members when he passed away. Fred was a lively and active 93-year-old. He hadn’t gotten around to making any estate plans. He only had a power of attorney with Bank of America.
A few months later, a VP at Bank of America made a call to Rainier Estates. They asked for help with their client’s estate. There is a large home with decades of belongings. Vehicles and personal documents need attention. Friends are asking for keepsakes or closure. There is also a house to sell and a duty of care to their client. Luckily, he had called the right company!
Our team quickly created a custom plan for Fred’s estate from start to finish. We coordinated with the local friends. We ensured that the estate was (financially) respected. We also helped everyone get some closure from losing their good friend and neighbor. We offered a kind sounding board for those still reeling from the loss. We found loving new homes for some of Fred’s small keepsakes. Any items of value needed to be included in the estate liquidation to fulfill the obligations of the estate executor. In this case, the executor was Bank of America. We balanced this with the desires of loved ones. We gave them the first opportunity to purchase those items at a fair market value.
From that point, our team:
– 𝐈𝐝𝐞𝐧𝐭𝐢𝐟𝐢𝐞𝐝 all personal documents. We focused particularly on those with Fred’s social security number or other sensitive identifying information. After confirming that the Bank of America didn’t require these documents, we ensured they were safely shredded and disposed of.
– 𝐒𝐨𝐫𝐭𝐞𝐝 𝐚𝐧𝐝 𝐨𝐫𝐠𝐚𝐧𝐢𝐳𝐞𝐝 the entire home for an estate sale. This included Fred’s vehicles and workshop. We organized everything to display their most significant potential.
– 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡𝐞𝐝 accurate market values for Fred’s fantastic mid-century modern furniture and all other valuables.
– 𝐋𝐚𝐮𝐧𝐜𝐡𝐞𝐝 a multi-faceted marketing strategy for all the personal property in the estate. This strategy brought great returns. We sold most of the items.
– 𝐎𝐯𝐞𝐫𝐬𝐚𝐰 the home clear-out so the house was ready to market the real estate.
– 𝐌𝐚𝐧𝐚𝐠𝐞𝐝 all necessary home improvements, staging, and professional photography.
– 𝐋𝐚𝐮𝐧𝐜𝐡𝐞𝐝 a strategic and successful marketing campaign for the real estate. Lisa Taylor, Rainier Estates Founder and Realogics Sotheby’s International Realty Broker, led the campaign. It brought in multiple offers over asking.
In the end, our client at Bank of America was thrilled with the outcomes. Fred’s friends were also delighted. The VP said we had saved him months and countless hours of effort. We have a strong working relationship with Bank of America. We also collaborate with other institutions that assist individuals and families with their estates.
Come and Experience the difference!
*Client’s identity is modified to protect their privacy