When Pennsylvania residents first learn that the government imposes taxes even after death, many are confused or upset. After all, death is a natural and unavoidable part of life. It might seem unfair that the government takes a cut of your lifetime assets. This news can be a bit misleading, however.
Estate planning means taking an active role in your family’s future. By getting your affairs in order, and organizing and determining the disbursement of your assets, you’re looking out for your loved ones once you’ve passed on. Your own future, however, is also paramount when it comes to estate planning.