As we continue to navigate these challenging times, the safety and well being of our clients, employees, families and friends remains our top priority. To that end, as an essential business to the individuals and families we serve, we are reaching out to share important updates on steps we are taking to help stop the spread of the Coronavirus, while continuing to serve you with as minimal disruption as possible.

We want to ensure our clients and friends that our law firm is operating without material impact of the health concerns in that we have had in place advanced technologies that allow us to continue to provide excellent legal services while attorneys and staff operate remotely, to avoid in-person meetings in all cases where that is possible. We will continue to provide consultations and conferences via telephone and/or internet conferencing when needed. We will continue to provide all the excellent legal services that our clients and friends have come to expect!

Please do not hesitate to call us if you have concerns or are in need of legal assistance. We pray for the health, peace and provision for all of our clients, employees, friends and family as we “weather the storm” together.

What Death Taxes are Due at Death?

Death Taxes due within nine (9) months after the date of death are the Federal Estate Tax Return and the Pennsylvania Inheritance Tax Return.

Many estates will not be subject to the Federal Estate Tax, depending on the size of the gross estate and the federal estate tax law in effect. Your attorney will guide you in determining which assets are subject to the federal estate tax and in preparing and filing the return.

Pennsylvania Inheritance Tax must be filed regardless of the size of the gross estate, even if debts and expenses exceed the value of the gross estate. The debts of the decedent and certain funeral expenses and administration expenses of the estate will be deductions from the gross estate and reduce the amount of inheritance tax due.

Property passing to a surviving spouse and also life insurance proceeds are not subject to Pennsylvania inheritance tax. If either a payment on account, or the inheritance tax return itself with payment, is filed within 90 days after death, a five (5%) percent discount will apply to the tax due. Currently, the tax rates are as follows:

Surviving Spouse  — 0%

Grandparents, parents, children, grandchildren, and certain other lineal descendants of the decedent — 4.5%

Decedent’s siblings — 12%

Others — 15%