What is an inheritance tax? Pennsylvania Gift Tax
Pennsylvania has an inheritance tax also known as a death tax. The tax takes a portion of the money and property which you pass Pennsylvania has a NASTY inheritance tax. I show you exactly what I mean in this video. What should I know about gift taxes? 15 percent on transfers to other heirs, except charitable organizations, exempt institutions and government entities exempt from tax. Property owned jointly In this video, we continue the series on Pennsylvania Inheritance Tax and Federal Gift and Estate Tax. Pennsylvania is one of very ...