Pennsylvania inheritance tax vs. estate tax

Estate planning is critical for anyone who has Pennsylvania assets, from banking and retirement accounts to cars, jewelry and other tangible items. If you do not have a will, the state divides the assets, which may not be according to your wishes. At Bononi and Company, our team of experienced attorneys often assists clients in opening an estate and other legal issues.

Smart Asset reports that regardless of your estate’s size, it owes nothing to the state as Pennsylvania is one of 38 states with no estate tax. However, there is an inheritance tax that heirs must pay once you have passed on. The percentage owed depends on the relationship between you and your beneficiaries.

Your estate automatically transfers to your spouse and any children under the age of 21, so no tax applies. However, if you leave any assets to other family members, taxes apply as follows:

  • For direct descendants and lineal heirs, such as grandchildren, the tax is 4.5 percent
  • Transfers to siblings result in a 12 percent tax
  • Other beneficiaries, except exempt institutions and charitable organizations, pay 15 percent tax

Creating an estate plan takes time and requires an understanding of everything in your portfolios. If you began estate planning when you were young, modifications might be necessary, especially if you have divorced. Depending on the size of your estate, you may prefer to gift a portion of the assets before you die. Trusts and other financial tools may benefit your heirs, based on individual circumstances and the assets involved. Visit our webpage for more information on this topic.


The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for advice regarding your individual situation. We invite you to contact us and welcome your calls, letters and electronic mail. Contacting us does not create an attorney-client relationship. Please do not send any confidential information to us until such time as an attorney-client relationship has been established.

Privacy Policy

This privacy policy discloses the privacy practices for www.bononiandbononi.com. This privacy policy applies solely to information collected by this web site. It will notify you of the following:

  1. What personally identifiable information is collected from you through the web site, how it is used and with whom it may be shared.
  2. What choices are available to you regarding the use of your data.
  3. The security procedures in place to protect the misuse of your information.
  4. How you can correct any inaccuracies in the information.

Information Collection, Use, and Sharing 
We are the sole owners of the information collected on this site. We only have access to/collect information that you voluntarily give us via email or other direct contact from you. We will not sell or rent this information to anyone.

We will use your information to respond to you, regarding the reason you contacted us. We will not share your information with any third party outside of our organization, other than as necessary.

Unless you ask us not to, we may contact you via email in the future to tell you about specials, new products or services, or changes to this privacy policy.

Your Access to and Control Over Information 
You may opt out of any future contacts from us at any time. You can do the following at any time by contacting us via the email address or phone number given on our website:

  • See what data we have about you, if any.
  • Change/correct any data we have about you.
  • Have us delete any data we have about you.
  • Express any concern you have about our use of your data.

We take precautions to protect your information. When you submit sensitive information via the website, your information is protected both online and offline.

We also protect your information offline. Only employees who need the information to perform a specific job (for example, billing or customer service) are granted access to personally identifiable information. The computers/servers in which we store personally identifiable information are kept in a secure environment.


Our Privacy Policy may change from time to time and all updates will be posted on this page.

If you feel that we are not abiding by this privacy policy, you should contact us immediately via telephone at 412-832-2499