Distribution of House “As Part of” a Residuary Share Was Not “In Lieu of” That Share

A direction in a will that a beneficiary should have the right to receive the decedent’s residence as part of her one third share of the estate or purchase the house at fair market value did not give the beneficiary a share of the estate equal to the value of the house when her one third share of the estate would otherwise be less than the value of the house. Indelicato Estate, 12 Fid.Rep.3d 217 (Bucks O.C. 2022).

Print Friendly, PDF & Email

Comments are closed.