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Real Estate
Reply to "Sibling moving from deceased parents home"
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[quote=Anonymous]Generally, I'd say a year. I assume this is not in a state with a low threshold for an estate tax? My dad died in NY a few years ago, and they have an estate tax for estates over $1mil, which can easily be hit in an area with high property values. That has to be paid 9 months after the death, so that circumstance could create a need to sell the house earlier. Is the brother working? Are there other cash assets to the estate? Are you sure the brother couldn't get a mortgage and buy everyone else out?[/quote]
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