Before dividing, we recommend that values be discounted by 40 to 50% to account for the expense to get to a cash value by hiring an estate sales company etc.
Each family is different. Since the values are estimates, if divisees' shares are fairly close to equal with everyone within 5 or 6% most people just say "close enough".
If someone got significantly more value, and it needs to be balanced, then people who got more would either put items back that can be chosen by others, or would pay the difference to the estate to have everyone receiving approximately the same value.
0 Comments