Pennsylvania inheritance tax

Preserving the Family Owned Business for the Next Generation

Historically, family owned business owners have always been faced with a difficult tax situation at death. The business can pass to your children but not before paying the 4.5% Pennsylvania inheritance tax. This often required the liquidation of business assets to pay the tax. But Pennsylvania has finally recognized the importance of preserving the family owned business for the next generation.

By | 2017-05-19T22:51:27+00:00 August 31st, 2015|Categories: Estate Planning and Administration|Tags: , |Comments Off on Preserving the Family Owned Business for the Next Generation