What’s the Difference Between A Will And A Trust?
Understanding the differences between wills and trusts is critical in estate planning. These legal documents provide clear guidelines about how your health and assets should be managed when you are …
What Assets are Not Subject to Pennsylvania Inheritance Tax?
Pennsylvania inheritance tax is due within 9 months of a person’s date of death on the value of most assets owned by the decedent and passed on to his or her beneficiaries. There are exceptions and assets not subject to Pennsylvania inheritance tax.
Estate and Trust Administration
We help executors and trustees avoid mistakes and potential liability. We’ll help you collect and value the assets, deal with creditors, prepare the tax returns, and facilitate timely distribution to the beneficiaries …
Form 1310: Statement of Person Claiming Tax Refund Due to a Deceased Taxpayer; Do It Right or Risk Major Delays
Filing a decedent’s final federal income tax return without including Form 1310 and supporting documentation will result in major delays in receiving an income tax refund that is due.