I currently am looking into college towns where I, or my siblings live/lived in just so I have insiders info or better understanding of these areas and what is worth it.

I work with a couple other Rowan guys who have siblings who still go to school there.

It looks like my siblings and I are about to be gifted a duplex.

If its clear from the will, beneficiary deeds or whatever that you and your siblings inherit this property, then let that process occur.

This type of arrangement also permits you to invest your Solo 401k with family members such as your spouse or siblings.

He also informed me that:- His brother did not have a will in place, and there are 4 or 5 siblings including him.- They have not spoken with a probate attorney, however, the siblings are currently writing up an affidavit stating that they will all sign stating that the brother I spoke with was the care taker and is the decision maker for the property. - There is a tenant living in the house, however, no lease agreement was ever signed.My questions are:- Is there a way to avoid probate if there is not a will in place?

Are you sure it's his and there are no other siblings/heirs to contend with?

Here is my bind, my sibling wants to sell the house to me at a valuation of 390k.

Cause someone's elderly parent to pass away due to lack of professional care and you are in hot water.With that being said, my sibling owns an ALF and I helped put the deal together.  

I have property that is jointly held with my siblings.