KingSpry and Greyfriars Institute are teaming up to help family farmers and property owners understand how Act 85 and its amendments will affect their financial planning.
In 2012, the Pennsylvania General Assembly passed Act 85 which provided two powerful inheritance tax exemptions for owners of family farms and agricultural property. In this educational webinar, Estate Attorney Ryan Fields will share an overview of Act 85 and subsequent revisions.
We will discuss life and planning before Act 85; analysis of Act 85 and recent amendments; changes in planning based on the new law; what types of property and assets can be exempted from inheritance tax; how to stay in compliance with the law after exemption; and completion of a sample Inheritance Tax form claiming the exemption.
Ryan K. Fields is an attorney with the KingSpry law firm who focuses his practice in estate and family law. Fields volunteers with the Indian Creek Foundation, serves as a board member for ACE Mentor Lehigh Valley, and is actively involved with supporting students in the Lehigh Valley through reading and mentorship programs.
Please note: KingSpry/Greyfriars Institute programs and webinars are meant to be informational and do not constitute legal advice, nor does attendance create an attorney-client relationship.