PA State Inheritance & Estate Taxes
Any ideas, other than gifting, to minimize the 4.5% PA inheritance and estate tax on a $1,310,000 estate when passed to the children. Real Estate ($1,000,000), Non-Retirement Mutual Fund ($185,000), Variable Annuity ($115,000), IRA ($10,000). Mr. and Mrs. both 75 years old.
Thank you
Submitted by Falco DiBiase on Mon, 2008-06-09 20:22