In Pennsylvania, death triggers a state inheritance tax on the distribution of the deceased person’s assets (the “estate”) to the beneficiaries of the estate. Conservation restrictions in support of agriculture on land included in the estate can reduce the inheritance tax owed. WeConservePA guide. 4 pages.
https://library.weconservepa.org/guides/52-Reducing-Penns...
Year: 2024
Author(s): Justin Hollinger, Esq. and Andrew M. Loza
Organization/Source: WeConservePA (formerly Pennsylvania Land Trust Association)
Topic tags: Government Incentives, Conservation Easements, Landowner Guides, and Print Editions of WeConservePA Guides
Related guides: Federal Tax Deductibility of Conservation Easement Donations, Realty Transfer Tax Exclusions for Conservation-Related Transactions in Pennsylvania, and Reducing Federal Estate Tax
Previous editions of this guide were published in 2010 and 2012.
