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Pennsylvania Inheritance Tax

The Pennsylvania Inheritance Tax Return is due within nine months after the death of a Bucks County Decedent. Pennsylvania Inheritance Tax must also be paid to the Register of Wills of Bucks County within nine months after date of death.

Pennsylvania Inheritance Tax is a state tax based on the value of the estate assets (less deductions) of a Bucks County estate that pass to certain beneficiaries. Pennsylvania Inheritance Tax rates are based upon the type of family or other relationship that the beneficiary had with the Decedent.

The current Pennsylvania Inheritance Tax rates are as follows:

Beneficiary: Tax Rate:
Spouse: 0.0%
Lineal Descendants: 4.5%
Siblings: 12.0%
Collateral (Others): 15.0%

If a Bucks County executor pays an estimated amount of Pennsylvania Inheritance Tax within three months after the Bucks County Decedent’s date of death, a five percent discount on tax paid can be obtained.

It takes an experienced Bucks County, PA estate lawyer who prepares many Pennsylvania Inheritance Tax Returns to know how to save the most tax money. There are many strategies that can be employed with a Bucks County estate that can save tax money. The estate attorneys at Saile & Saile LLP regularly prepare PA Inheritance Tax returns and save our Bucks County clients countless tax dollars.

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