We were in the process of selling a house for my mother in law, so that we could pay for long term care. She passed away before the sale was complete, and the proceeds from the sale became subject to her will. Per her will, 50% of the proceeds from the sale were given to us, and the other 50% was given to her surviving grandchildren. How do we account for our portion of the proceeds from the sale of the house on our federal income taxes? Any help would be greatly appreciated
