Buying out sibling when the property is inside a Living Trust

[MJ Tukina]

I was named Trustee of this Living Trust in 2013, I helped my late Mother establish her own Living Trust in 2007. She passed away in 2013. Now my one sibling needs money for his kids Colleges tuitions. I paid for a Commercial Property Appraisal, the  current appraised value is $195K. I do not need a broker. I have the cash liquid. But I also am entitled to 1/2 of the 195k SO I NEED TO OFFER TO MY SIBLING HALF OF THE APPRAISED AMOUNT, CORRECT? That number is $97,500.00.

I googled and downloaded a 10 page Commercial RE Contract. There is already a tenant established in the property for the past 25 years. I have been his landlord since 2007.

My next question is do I need to hire a RE Attorney or just an Escrow Company? I am very familiar with the property it was built in the 1970s when my parents bought it The property has no mortgage and property taxes are grandfathered in (Prop 13) Property is in CA in LA county near Malibu. I am the person who deals with the insurance payments as well as paying the property taxes. The insurance and property taxes run 2334 annually. The property currently rents for 950/mo but I have 2 new potential tenants @ 750.mo each.