Yes, Pennsylvania Inheritance Taxes are payable on the value of most assets owned by the descendant at the time of death and are due within 9 months after date of death. The Pennsylvania Inheritance Tax Rate is 0% on assets passing to the spouse and those passing from children under 21 to their parents. Assets passing to lineal descendants (children, grandchildren, parents, and grandparents) are taxed at a rate of 4.5%. The tax rate is 12% on assets passing between siblings and 15% to all other beneficiaries except bequests to charities and governmental entities which are exempt from taxes. The tax applies to the net estate after deductions.
A Federal Estate Tax Return is due when the gross estate exceeds 2 million dollars.