Timing is the Factor
The timing of death and the date and time of sale , cannot be changed , A 1099 states the sale date , settlement date is not a factor.
The estate has not passed at sale date so capital gains will apply , take into account general exemption when the estate passes to the executor for distribution .
Any penalities assessed because of timing and attorney advice can be raised with the attorney when the final assesment is received as evidence of any additional taxes paid.
Your call.
The timing of death and the date and time of sale , cannot be changed , A 1099 states the sale date , settlement date is not a factor.
The estate has not passed at sale date so capital gains will apply , take into account general exemption when the estate passes to the executor for distribution .
Any penalities assessed because of timing and attorney advice can be raised with the attorney when the final assesment is received as evidence of any additional taxes paid.
Your call.
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