In Idaho, executors or trustees managing real estate for multiple beneficiaries have options beyond selling and splitting proceeds. Alternatives include partitioning the property, buyout arrangements, co-ownership agreements, and life estate setups. Each option has legal, tax, and practical considerations. Executors must act fairly, obtain appraisals, and communicate openly. Professional legal and tax advice is recommended to honor the decedent’s wishes and beneficiaries’ interests.
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