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Reply to "If your parent recently died (estate planning)"
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[quote=Anonymous]For the love all things holy, decide what you want done with real estate and make it clear. Several family issues (all different groupings) all wrapped around RE and made relationships dissolve/diminish: 1. Family land of 30+ acres were kids grew up - no clear direction on what to do with it and 5 kids had 5 different ideas. No one is talking to each other now. 2. Family beach house - no clear direction on what to do with it and in a state of dis-repair. Executor (related but not direct family member) made the call to sell and pissed the entire extended family off. 3. Family land in the mid-west. Instructions to "try to sell". No market for it and squabbling ensued. 4. Finally - and best case - family home on the market when old age/lack of being able to care for the home became apparent. Funds in bank account that provided money to live on, once person died it was easy enough to divide cash remaining.[/quote]
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