Tax policy incentivizes selling capital assets upon death, rather than while alive.
And if one can live at home rather than assisted living, that's often preferred anyway.
IMHO, the heirs and executor should endeavor to either sell the home quickly or arrange so that only one person inherits it. Group ownership typically devolves into trouble. Although sometimes there's griping about future value changes even though the split was equitable at the time of distribution.
And if one can live at home rather than assisted living, that's often preferred anyway.
IMHO, the heirs and executor should endeavor to either sell the home quickly or arrange so that only one person inherits it. Group ownership typically devolves into trouble. Although sometimes there's griping about future value changes even though the split was equitable at the time of distribution.