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re: Consolidating estate of parents in declining health

Posted on 5/7/13 at 10:49 am to
Posted by GarmischTiger
Humboldt County
Member since Mar 2007
6611 posts
Posted on 5/7/13 at 10:49 am to
quote:

Does any asset have a large capital gain?
I'm not sure - define "large".

MIL owns the house (~$200K) outright - she bought it 40 years ago just prior to meeting my FIL. Actually "outright" is not accurate as she's refinanced lately.

The bulk of her worth is the jewelry inventory as noted above.
This post was edited on 5/7/13 at 10:54 am
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