In Pennsylvania, once a person passes away, the state will review all property and assets to determine the amount of inheritance taxes owed. Then an inheritance tax will need to be paid on the deceased’s assets and property. Any assets transferred to a surviving spouse or donated to a charity are exempt from the inheritance tax. For all other beneficiaries, the tax amount varies depending on who receives the asset, and a lawyer can help guide you through that process. So, whether you’re planning for your future or need help now, we’re here to listen and then answer your questions. Contact us for a free consultation.
