Just months after Anne Boice and her brother, Adam Schumacher, started their real estate business in Central Florida, they found themselves in an impossible situation: Their parents died within months of each other, leaving the siblings their homes.
To say it was a shock is an understatement. “We were already trying to figure out what to do with our dad’s estate out of state, and now we had to take on our mom’s as well,” Boice tells Realtor.com®.
The siblings’ experience gave them what Boice calls “two very extreme examples” of inheritance in action—one home close by and in good shape, another burdened by distance, deferred maintenance, and the costly surprises that come with it…