Legal Question in Tax Law in Pennsylvania
Inheirtance tax
Who must pay inheirtance tax? My brother is leaving some of his portfolio to me. Will i have to pay tax on it.
Asked on 10/28/06, 11:24 am
1 Answer from Attorneys
Matthew Kelly
Kelly Law
Re: Inheirtance tax
Is he dead or dying? The estate generally pays the inheritance tax, but look closely at the will and how the portfolio passes.
Answered on 10/30/06, 11:00 am
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