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Estate Administration

Estate Administration is the process of settling someone’s affairs after they pass away. The Executor of the estate must go to the Court and ask permission to probate the Will. Some of the things that the Executor must do to complete this process includes setting up an Estate account, so that the bills can be paid until the Estate is settled, getting appraisals, keeping beneficiaries informed, and filing an inheritance tax return. 

Inheritance taxes in Pennsylvania between spouses is 0, from parents to children and grandchildren is 4.5%, between brothers and sisters it is 12%, and for all others, it is 15%.

If an individual dies without a Will, then the Court must appoint someone to oversee this process, and the assets will pass to relatives according to Pennsylvania’s Intestate laws. 

Recommended Reading: What A Will Can Do For You