I just received funds from property that I believe was originally purchased by a great uncle, then upon his death was divided between his two daughters. When they passed, one daughter’s share went to my father. When he passed in 2006, his share was divided between myself & 3-siblings.
my question is this: how far back do I ask for FMV? When my father passed or when my great uncle passed?
A trustee in Florida has been handling the property sale & apparently there are quite a few owners so I need to get on this ASAP.
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The FMV when your father passed.
Thank you
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