Selling, allocating or keeping are three figures

In the estate inventory the home first has the value on the date of death. That figure gets a source: a WOZ assessment with the year, an estate agent's specification, or later a report from a valuer. A second figure may come beside it: the purchase price if the house is sold. That figure belongs with the date in the deed of sale, and it does not replace the value on the date of death. A third figure arises if an heir takes over the house. The takeover price is what the deed names, or what has been agreed in writing. That price is not automatically equal to the value on the date of death, and not automatically equal to an earlier asking price.

If you book a takeover against someone's share in the estate, that is a choice in the division. It is not a gift you invent as an extra item, and it is not a gift because the takeover price sits lower than an earlier specification. On the home line put who takes over, which amount the deed or the agreement names, and which date belongs with it. In the division put that this amount is set off against that person's share, if that is the agreement. Do that set-off only once the amount is fixed. A takeover that is still open remains a task. You do not fill in a round amount to make the division look as if it closes.

Value now depends on what happens. If the house stays in the estate inventory, value now is the last supported figure, with a date, not a new guess every week. If it is sold, value now is the purchase price according to the deed, and the costs stand separately. If an heir takes it over, value now is the takeover as recorded, and the old value on the date of death remains for the composition of the estate inventory. The mortgage remains its own debt line throughout. You do not combine house and loan because a takeover takes the debt with it, until the deed and both amounts say that too.

Keep the three figures apart in the description, if need be with a short label: date of death, sale, takeover. Anyone who leaves only the last amount standing can later no longer see what the estate inventory comprised on the date of death. You need that distinction to follow the division and to answer an heir's question without searching again. Ervazo keeps the source with each figure. A takeover without a deed or without a written agreement gets the status open. A sale without an invoice for the costs does get the purchase price, and a task for the costs. That task is not an estimated amount of commission.

None of the three figures is a valuation by the software, and none of the three is tax advice. Ervazo does not choose between selling, allocating and keeping. The source of a home value is the assessment, the estate agent, the valuer or the deed. The source of the debt that may go with it is the bank. Whether a takeover has consequences for inheritance tax, you do not ask of this line. The Belastingdienst is the source of that treatment. Until those documents are there, sale and takeover remain empty tasks beside the value on the date of death.