Take this scenario, an uncle passes away, two nephews in will, will states passing of estate, doesn’t specify amounts just estate. There is some cash and house left, cash is used to pay inheritance tax, which leaves house, both nephews want to keep house, how does the transfer of title/deeds work, can the deeds be transferred into both their names? What would be the process there?
I think, from re-reading the posts what the OP means is that the beneficiaries will inherit sufficent cash to deal with the inheritance tax without having to sell the property.
I think, from re-reading the posts what the OP means is that the beneficiaries will inherit sufficent cash to deal with the inheritance tax without having to sell the property.