Triggering event occurs and majority of siblings want to sell the family home displacing one sibling who has lived with decedent parent. All siblings want the Picasso in their home or the Winston Tear Drop Diamonds. Not all siblings want to keep the vacation home as a vacation home with fractional interests. The Faberge Egg has already disappeared before the assets could be inventoried and valued.
Adult children will revert to being children again for things. And equal division using liquid assets does not satisfy what is considered “mine.”
Discussion with children as to their wants (getting their “dibs” in)
Instructions outlining tangible property allocations, even as to required sales
Sale of assets before triggering event leaving only liquid assets for distributions
Gifting before the triggering event