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@DianeW777 wrote:

When the wife went to the assisted living facility, and then the children sold the home, they would use the mothers basis at the time of sale.


Since the wife only had a life estate and she was still alive at the time of the sale, her basis would have to be figured according to IRS actuarial tables.

 

See https://www.irs.gov/retirement-plans/actuarial-tables