<div dir="ltr"><div dir="ltr">I'm co-counsel on a similar case. I might consider a TEDRA with P/S Agreement. While a TEDRA agreement itself does not require a purchase and sale agreement, including one may be prudent to ensure clarity and enforceability of the terms related to the buyout of real property. This would align with the statutory requirements for real estate transactions and provide a comprehensive resolution under the TEDRA agreement.</div></div><br><div class="gmail_quote gmail_quote_container"><div dir="ltr" class="gmail_attr">On Wed, Jun 18, 2025 at 7:53 PM Mark Anderson <<a href="mailto:marka@mbaesq.com">marka@mbaesq.com</a>> wrote:<br></div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex"><div class="msg-7150858986353295357">
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<p class="MsoNormal"><span style="font-size:10pt;font-family:Arial,sans-serif;color:rgb(0,32,96)">I did this last year, I think, using a TEDRA agreement. I would be happy to share what I have.<u></u><u></u></span></p>
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<p class="MsoNormal" style="margin-bottom:12pt"><b><span style="font-size:10pt;font-family:Arial,sans-serif;color:rgb(0,32,96)">Mark B. Anderson<br>
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<p class="MsoNormal"><b><span style="font-size:11pt">From:</span></b><span style="font-size:11pt"> <a href="mailto:wsbapt-bounces@lists.wsbarppt.com" target="_blank">wsbapt-bounces@lists.wsbarppt.com</a> <<a href="mailto:wsbapt-bounces@lists.wsbarppt.com" target="_blank">wsbapt-bounces@lists.wsbarppt.com</a>>
<b>On Behalf Of </b><a href="mailto:Jeff@bellanddavispllc.com" target="_blank">Jeff@bellanddavispllc.com</a><br>
<b>Sent:</b> Tuesday, June 17, 2025 1:13 PM<br>
<b>To:</b> 'WSBA Probate & Trust Listserv' <<a href="mailto:wsbapt@lists.wsbarppt.com" target="_blank">wsbapt@lists.wsbarppt.com</a>><br>
<b>Subject:</b> [WSBAPT] One Heir Purchasing Other Heir's interest in House<u></u><u></u></span></p>
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<p class="MsoNormal"><u></u> <u></u></p>
<p class="MsoNormal"><span style="font-size:11pt">Listmates:<u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:11pt"><u></u> <u></u></span></p>
<p class="MsoNormal"><span style="font-size:11pt">Mom passed. Her two children will share equally. One wants to purchase the other’s interest in mom’s home by paying $X to the other heir. How best to structure this? Is P & S done with the estate with
the proceeds going directly to the other heir and the PR deed going to the buying heir? Does anyone have a contract, they can share, that does this?<u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:11pt"><u></u> <u></u></span></p>
<p class="MsoNormal"><span style="font-size:11pt">Jeff Davis<u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:11pt"><u></u> <u></u></span></p>
<p class="MsoNormal"><b><span style="font-size:11pt;font-family:Tahoma,sans-serif">W. Jeff Davis<u></u><u></u></span></b></p>
<p class="MsoNormal"><b><span style="font-size:10pt;font-family:Tahoma,sans-serif;color:black">BELL & DAVIS PLLC<u></u><u></u></span></b></p>
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