I am trying to create a transfer from an Executor to two beneficiaries. Either on one Transfer or with two separate Transfers. Pursuant to the Will, one beneficiary will hold a 6/10 share, the other beneficiary 1/10 share and the Executor will continue to hold 3/10 share.
When creating the Transfer, which is to be without monetary consideration, I assume the option is pursuant to a court order (Probate).
Thereafter it asks for the market value of the property. Is the market value the value in the Inventory of the Application for Probate. Is the full value (as per the Inventory) entered or is it the 6/10th share of the value?
Also, can the transfer to both beneficiaries be done on one Transfer?