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To: bboop

Another thing to be considered when moving to Pennsylvania is their inheritance taxes and estate taxes. I don’t know if it’s still like this, but in around 2000 we visited my husband’s Aunt whose husband had just died a couple weeks before. They own a farm and she was very worried about the tax man who was coming by in a few days to estimate the value of all their property and possessions—including furniture.

California does not do this. I found this just plain sad. This poor woman had just lost her husband and was grieving and the state was sending in the tax man to list and compile her possessions for tax purposes.

Since you’ll be moving there probably for the rest of your life and you’ll probably die there, it might be a good idea to find out exactly what will be left to leave your progeny after you die once the state of Pennsylvania takes it’s cut.


20 posted on 08/31/2014 7:55:23 AM PDT by Auntie Mame (Fear not tomorrow. God is already there.)
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To: Auntie Mame

Taxes are high in Pa.

Philadelphia is a toilet with an expressway.

Knew a young couple who were driving by Philadelphia at night. They got off of the interstate at the wrong exit.

They drove about a mile or two and were pulled over by a cop. He asked what they were doing there. They said that they were lost. The cop escorted them back to the highway and told them not to come back.

Politics? Pure democrat. In the last presidential election, Obama got more votes in one precinct than there were registered voters.

Snake Pliskin barely got out of Philadelphia...

and now for the good things about living in Pa.


24 posted on 08/31/2014 8:14:15 AM PDT by Delta Dawn (Fluent in two languages: English and cursive.)
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To: Auntie Mame

They own a farm and she was very worried about the tax man who was coming by in a few days to estimate the value of all their property and possessions—including furniture.

...no inheritance tax impact in Pa for a surviving spouse, though I believe there used to be...for childen the hit is 4%, payable nine months following date of death...on any and all assets...

...my father had a myriad of investments, which passed too my mother, and at her death, I had to prepare the tax return...something I am happy to never have to do again...

...personally, I think if an estate does not meet the federal threshold for inheritance tax, the state should not tax either...


33 posted on 08/31/2014 12:08:51 PM PDT by IrishBrigade (')
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