Should I sell the family house or leave it to my kids?

Selling the family house now converts its value into cash you can use while you are alive, while leaving it to your kids passes them a stepped-up basis that can reduce or eliminate capital gains tax when they eventually sell. Each choice carries different costs and control tradeoffs that depend on your finances and your family's plans. Brian Beatty can provide a current valuation to help you and an estate attorney weigh the decision.