My wife inherited land (1996) from her brother after his death (in kind). At that time she was under the impression she owned all 3 lots. When she tired to sell the land it was discovered she only owned 1/2 of the 3 lots. Went to court to acquire the other half and no one contested the acquisition of the other 1/2. My question is how does she split the value of the land? When she went to the court house to file (1996) they asked her the value of the land and she said $3500.00. When it was sold in 2022 the value was $79,500.00. How do we file for this sale? Half of the land at $39,750 at original valuation and the other half at $39,750 at todays value. I hope this makes sense and is understandable.......Regards
