Quote:
Originally Posted by Vleka
I need some advice. My mothers home is also in my name. She has passed away and I need to sell her house and split the money three ways with my siblings. What is the best way to do that without everyone getting dinged by taxes? Can I gift it to them? Can I just deposit my share in the bank or do I have to reinvest it in another house? I would appreciate any advice you can give me. Thank you.
|
You really need the assistance of an estate attorney. I can understand your reluctance to hire one. It will cost you money and there’s the trust/honesty factor. You didn’t mention if the home is in The Villages or elsewhere. Look for a good recommendation for an estate attorney in your town, interview a few if need be. You’ll want someone honest and (most importantly) someone you are comfortable with and can work with. Good luck!