Yes, you are right.. very contradictory. My father's will was 32 years old and it was a miracle I was able to track down the retired lawyer who had the original in his office safe. A lot can happen in 32 years - marriage, divorce, grandchildren, great-grand children and disability. Unfortunately, the extent of my father's estate planning was to update the beneficiaries on his 403b after my stepmother passed last year.His estate is to be divided equallyAren't the 2 statements above contradictory? if your Dad wanted to direct the house to your sister with her getting more than 1/3 of the estate value then this would have been in the will.Plus it is what my father would have wanted.
You need to follow the will and distribute equally including house at market value. How you gift to each other after that is up to all of you.
But, yes, I think gifting will have to come into play. Thanks.
Statistics: Posted by counting_down — Tue May 14, 2024 4:43 pm — Replies 8 — Views 347