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Undercooked Falafel

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Undercooked Falafel

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Monday, 09/13/2010 8:01:02 PM

Monday, September 13, 2010 8:01:02 PM

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Tax question. I will be contacting an expert but wanted to see if anyone here knew anything on the topic.

There is land overseas that is being sold for $4 mil. The proceeds are being split equally four ways. One of the four ways, the person will be giving the cash equally to three children. What is the best way to process this transaction for tax purposes? Thanks.
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