The amount of Pennsylvania Inheritance Tax due will depend on the beneficiary’s relation to the deceased. For example, the tax rate for siblings is 12% while the tax rate for someone who was only a close friend is 15%.
There is also a group of people whose inheritance is taxed at 4.5%. This class includes Lineal Heirs and Lineal Descendants.
Lineal Heirs include related persons both up and down the deceased’s bloodlines; grandfather, grandmother, father, mother and the deceased’s children.
Lineal Descendants only include those down the deceased’s bloodline; children and their descendants (grandchildren, great-grandchildren, etc.).
Inheritances passing to both groups are taxed at 4.5%.
If you have questions about probate in Montgomery County, Pennsylvania, feel free to contact our office for a free consultation. Wills, Trusts and Estates, It’s all we do!