Can you avoid an inheritance tax by forming a joint tenancy in Pennsylvania?
No. There will still be inheritance tax. The only benefit to creating a joint tenancy (for inheritance tax purposes) is that only the...
Lancaster, PA
Business Lawyer at Lancaster, PA
Practice Areas: Business, Real Estate ... +3 more
No. There will still be inheritance tax. The only benefit to creating a joint tenancy (for inheritance tax purposes) is that only the...
What taxes are you referring too? PA transfer tax or PA inheritance tax? If your mom has passed away and did not transfer the real estate more...
This is pretty complicated. Basically, it depends. If there is a Will, there might be a tax clause that states who pays the tax. If there is any...
Your question is a bit confusing, so I'll try to answer it. Yes, any transfer from a decedent to a person (regardless if that person is a family...
How was the Real Estate owned? If you owned it Joint Tenants with Rights of Survivorship with your mom AND there was no other agreement regarding...
Wait, I'm confused by the phrasing here about the transfer twelve years ago. Did your mother retain a life estate on the property or did she give...
Your neighbors are willing to work with you? Why not have a quit claim deed drawn up? You might owe some transfer taxes but on a small parcel they...
If you don't have a custody agreement that states who gets to claim the child, the custodial parent (i.e. the household where the child sleeps more...
I agree with my colleagues on this questions with one minor note. If the second person was placed on the account within a year of the first...
If you are the custodial parent and if you have been separated for at least six months, have a separation agreement, or are divorced, your husband...