Legal Question in Real Estate Law in Pennsylvania

inheirtence tax

Property#1-grandfather dies leaves property to mother.30+yrs.pass,no inheirtence tax is pd.Mother passes leaves prop.#1and prop.#2 to daughter.Still no inheirtance tax is pd.Property#1 burns,no insurance.Daughters husband begins reciving fines from mag. for $150.+wkly,for not demolishing prop#1.Neighbor offers to demo in return for property#1's city lot.Lowest bid for demo $7000.00.Can property #1 be given to neighbor, without paying inheirtance tax of $9000.00 on property #2? Property#1 burnt in December.The constant fines make it impossible to save $7g to demo it.Thank you for your time.


Asked on 1/11/06, 6:00 pm

2 Answers from Attorneys

Roger Traversa Arjont Group (Law Office of Roger Traversa)

Re: inheirtence tax

Let me get this straight: You have a 30 year old mess involving 2 properties and 3 parties where you are trying to save at least $16,000?

And now you want us to sort this out and answer it for free?

We've gone and gotten an expensive education, passed numerous tests, and pay ongoing education and licensing fees. We rent offices and pay staff and have libraries. We have outrageous malpractice insurance bills. And you want me to rsik that all by giving you advice, for free, on a very specific matter?

Seriously, LawGuru is limited in the advice we can provide. By necessity we limit the advice to general matters of educational and topical import. When there are specific questions we must insist that you either act on your own or, as is proper, engage a lawyer to handle or advise you on the matter.

Please contact me to arrange an appointment to fully discuss this matter.

Roger Traversa

[email protected]

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Answered on 1/11/06, 7:12 pm
Marc V. Taiani AAAL - Allegheny Attorneys At Law

Re: inheirtence tax

My esteemed colleague might be a little over the top, however, he is correct in that this is a mess which will not be easy to resolve. Until all of those prior liens and debts are paid, in full, the debts may attach to the property and in turn prohibit you or anyone else from ever reselling the property until which time these debts are paid. You also risk the very likely possibility of litigation on this matter and incurring thousands of dollars in court costs and legal fees.

My recommendation, retain counsel now pay a few hundred dollars now, or pay tens of thousands down the road....your call, your money.

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Answered on 1/12/06, 9:21 am


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