Tax Consequences

While most estates in Pennsylvania are exempt from the federal estate tax, the same cannot be said of the Pennsylvania inheritance tax. Pennsylvania assesses an inheritance tax on property owned by residents and nonresidents alike. If this tax is not paid within nine months of the person’s death, interest and penalties begin to accrue.

Estate taxation can be complex in Pennsylvania and cost the estate a lot of money if not handled correctly. If you’re the personal administrator of an estate, you can be held liable for taxes and penalties if the estate is distributed to beneficiaries before taxes are paid.

RQP Law estate tax attorneys have the experience needed to help you pay all necessary state and federal taxes upon a loved one’s death. We can also assist you with tax planning to minimize any taxes you may owe and take advantage of all possible exemptions.