It is a little more administratively complex, but when properly structured can be done within the IRS guidelines.A sibling is not considered a disqualified party to an IRA.  

I've read the following on two different FL law blogs: "To qualify to serve as a personal representative, an individual must be either a Florida resident or, regardless of residence, a spouse, sibling, parent, child, or other close relative of the decedent.

I've read the following on two different FL law blogs: "To qualify to serve as a personal representative, an individual must be either a Florida resident or, regardless of residence, a spouse, sibling, parent, child, or other close relative of the decedent.

We had another family on the 3rd floor not watching their little one he either climbed over the railing, or thru it or sibling dropped him over the railing and he fell 3 stories.

In other words, ensure that this individual truly owns the property and that no other siblings have rights to it.

Helped my siblings look for, evaluate and fix rental properties in the early 2000s.

I have 2 children and 4 young foster children (all siblings) that we are hoping to one day adopt, and possibly another foster child (also a sibling to the 4 that we have) which we believe is due sometime in Dec.I've owned my own business in arboriculture / horticulture for the past 7 years...Thanks again, Ron.

Wow when I grew up, 10 was the legal age on base when we could start babysitting younger siblings and 12 for other people. 

The other two siblings have no interest in the house and are willing to sell their 'shares' for a very fair price.

Us surviving siblings got together and decided how to divide the estate.My oldest sister was appointed the Personal Representative (PR) for the estate.