I inherited my parents’ house in Minneapolis. What do I do first?

The short answer

First, breathe — nothing has to happen this week. Before any sale, three things usually need sorting: the probate status, the title, and whether other heirs share the decision. In Minnesota, most inherited homes pass through probate unless there's a trust, and that affects when you can sell. Tax-wise, inherited property usually gets a stepped-up basis, which often means less capital gains than people fear — confirm the specifics with a tax pro. Then there's the house itself, full of a lifetime. The memories move with you; the building is just the building. When you're ready, I'll walk the place with you and lay out the options, no rush.