We have 3 kids, 45, 44,42 and want to split our estate pretty evenly. We also want to have our house go to the 42 year old.
House is $750,000. Cash/Stocks/treasuries are $1,200,000. Other stuff ( cars, furniture, equipment, is 450,000). We have no debt.
Is there a simple formula for giving our house to 42 year old, and treating the other two equally ? Should the house be sold at a discount, and divide the rest of assets among the three?
Thanks
House is $750,000. Cash/Stocks/treasuries are $1,200,000. Other stuff ( cars, furniture, equipment, is 450,000). We have no debt.
Is there a simple formula for giving our house to 42 year old, and treating the other two equally ? Should the house be sold at a discount, and divide the rest of assets among the three?
Thanks
Statistics: Posted by sogm — Mon Sep 16, 2024 3:40 pm — Replies 8 — Views 326