sjrcpa
Level 15

"land was in the name of the individual" - being your alive client or the deceased spouse?

But the land was on the partnership's books?

"Probate valuation was $680,000.00"  Valuation of what? The partnership interest? Land? Land + improvements?

"outstanding debt of $ 240,000"  Whose debt? What kind of debt? Secured by anything?


The more I know the more I don’t know.