Ashley, Brook, Chris, and Dana must make a fair division of the estate of their uncle Bob.
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Question:
Ashley, Brook, Chris, and Dana must make a fair division of the estate of their uncle Bob. The estate consists of a farm house, a car, and a horse. Using the Knaster inheritance procedure, the value each person places on each item is shown below.
Ashley
Brook
Chris
Dana
House
$35,000
$50,000
$48,000
$42,000
Car
$3000
$2500
$2750
$2800
Horse
$6000
$5800
$6250
$5200
What is the fair division arrived at by the Knaster inheritance procedure?
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