Legal Question in Wills and Trusts in Pennsylvania

Re: probate court

Dear Sir/Madam:

Generally, annuities have named beneficiaries designations and therefore will pass directly to such persons. However, if no beneficiaries are designated, than the annuity will become payable to the Decedent's estate. In any event, such annuities are still generally subject to both state inheritance tax and federal estate tax. If you have further questions. Please feel free to contact me at [email protected]. Thank you.

Lloyd Welling, Esq.