Hi. This is Mark Powell, a Scranton attorney – Legally Speaking. One of the most frequent questions we get is whether someone should deed their house to their children prior to death. Now, often, this is driven by the desire to save estate tax or to avoid the home going to a nursing home. Unfortunately, […]
David from Hamlin asks, “How much money do I owe in Pennsylvania inheritance tax?” In Pennsylvania, an estate owes inheritance tax on the net estate or the property and money left after expenses are paid. The amount of tax owed depends on the relationship the beneficiary had to the decedent. For example, a charitable bequest, […]
