Legal Question in Wills and Trusts in New York
If a house is sold for less than the "estimated" value during the estate settlement, does the value of the entire estate go down to actual value?
Asked on 10/11/12, 12:53 pm
1 Answer from Attorneys
Walter LeVine
Walter D. LeVine, Esq.
If the actual sale value is lower the estate value is reduced.
Answered on 10/11/12, 4:09 pm
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