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estate settlement question
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paul the original
Posted 11/20/2012 11:16 (#2707508 - in reply to #2707489)
Subject: Re: estate settlement question

southern MN
Sounds like the brother is trying to claim only the costs as the value of the crop.

While the sister is trying to claim the entire gross of the crop as it's value.

Wouldn't something in the middle be more reasonable, where the brother's numbers plus 1/2 the net would be a closer true value?

Or maybe the coffee hasn't kicked in and I'm not thinking right yet....

Assuming the death happened during the growing season and not after harvest, using the gross is not correct, and just using the inputs with no accounting for the growing asset value isn't right either.

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