How should you pay the estate taxes of your deceased parents?

  Рет қаралды 27,465

Legal Guide Philippines

Legal Guide Philippines

2 жыл бұрын

What if you’re going to sell a property you inherited but it’s still in the name of your parents? How should you settle the estates of a deceased married couple? Where should you pay the estate tax for each of them?
A lot of the properties we help buy or sell, are usually inherited properties that are still in the name of the parents, grandparents, or even siblings of grandparents. And the big problem here which complicates the sale is that all their estates have not yet been settled.
This is the question of one of our viewers, Anthony and he writes:
“Property is located in QC with both names under mother and father. Mother died in the province as indicated in the death cert. Father died in QC as indicated in death cert. My father died a few years after my mother. Will the estate tax be settled 50% in the province and 50% in QC?”
If you’re having issues transferring your land or have issues transferring the properties of a loved one who passed away, we have something that can help. We recorded an FAQ session where we answered the most common questions related to estate settlement.
You can access the recording by going to legalaccess.ph/ and choosing the estate settlement topic there.

Пікірлер: 77
@RizaMaeGuerra
@RizaMaeGuerra 2 ай бұрын
Thank you for sharing your knowledge atty.
@jr7236
@jr7236 Жыл бұрын
Excellent source of legal information that can help individual's search of an answer from perplexed agent's move & objective.
@herminiamendoza8702
@herminiamendoza8702 Жыл бұрын
So many learned lessons again from these 2 handsome lawyers! No boring moments talaga. 😍
@nashdiva5152
@nashdiva5152 10 ай бұрын
thank you po for this content! fun to watch, very informative and easy to understand = )
@rogeliapablo6794
@rogeliapablo6794 Жыл бұрын
Dear Atty's , puede po ba magbayad na muna ng Estate tax saka na lang po ang paglilipat ng property sa mga heirs?
@arielramos8838
@arielramos8838 Жыл бұрын
What if property stated in tct of decedent "married to" and the wife died early before the owner? Will the wife also entitled the same exemption now to avail tax amnesty?
@riateves9550
@riateves9550 Жыл бұрын
Good day atty. Attirney ang taning ko po ang minana ng asawa ko ay bili ng mga magulang niya tapos napatitulohan na nasa titulo ay ang mga magulang nya under sa representative sa pangaln ng may ari. Benenta namin at pinakuha kami ng estate. Kukuha kami ng PSA ng namatay na seller ng lote na binili ng mga magulang kc nakapangalan pa raw sa seller
@joyceannebelen4110
@joyceannebelen4110 10 ай бұрын
Hi. I orderd book on your site. It hasnt been delivered yet.
@manilyn9054
@manilyn9054 Жыл бұрын
Good evening po atty. I have a question to ask regarding po sa estate of tax yung grandfather ko namatay napo sa kanya nakapangalan yung title nglupa and ibebenta po yung property bali hahatiin ng mga anak nya yung minanang lupa bali yung tatay ko anak ni lolo pero namatay na po year2018 and now meron daw ppo kaming babayaran na compromise tax penalty na 5,000 po , concern ko lng po tama po ba na magbabayad pa kami ng compromise tax kahit wala pa syang lupa na nakapangalan sa kanya? Please advise me po atty. Thank you po
@jungarcia8604
@jungarcia8604 4 күн бұрын
Compulsory requirements po ang TIN at photo ID. Papaano po kung ayaw magbigay ng uncooperative heirs?
@marieanniglesias2815
@marieanniglesias2815 Жыл бұрын
What if theclaimed family home is named under the name of 2daughters pati sa title name na sa daughters pwede pa din ba gamitin eto as claimed family home..sa deathcert kc un ang address nya and duon talaga cia nakatira
@lealigan8462
@lealigan8462 9 ай бұрын
How cn we (two remaining cumpolsory heirs-who have not sold our shares) settle d Estate Tax : when there was NO EJS b4 partition; only Internal arrangement/partition, among five siblings. The three who sold their shares have not settled d Estate Tax. Hence, d Mun. Assessor's records show that d 5-hectare estate s still intact, thus, we/two remaining owners are compelled to pay d Real Property Tax for d whole 5-ha area.
@MajidKhan-qk7rf
@MajidKhan-qk7rf Жыл бұрын
What if estate was not settled for both descended for multiple properties but now the children only wants to sell one piece of property?do we have to settle all the estate tax properties own by the descendents in one process or only only for the particular property?
@LegalGuidePhilippines
@LegalGuidePhilippines Жыл бұрын
That may be an option, but would recommend consulting a legal team so that you can strategize around it. You can book a session at www.legalaccess.ph
@mikaillegazpi04
@mikaillegazpi04 Жыл бұрын
At the time of my wife's death in 2020, we live in Caloocan City. However, the estate tax I need to settle pertains to our conjugal property situated in Marilao, Bulacan which we have yet to move in to this day. It has already been fully paid with Pagibig Fund as covered by the mortage insurance. My question is should I file the estate tax with the RDO based in Caloocan as this was her place of residency at the time of her death or should I file it with the RDO in Bulacan who has jurisdiction over the location of our property there? Thanks much and more power to your vlog channel!
@LegalGuidePhilippines
@LegalGuidePhilippines Жыл бұрын
Estate tax is paid at the last residence of the decedent po. :) If you need more assistance, please book a free consultation at www.legalaccess.ph and choose estate settlement from the options.
@Meintheboxx
@Meintheboxx 3 ай бұрын
5:35 11:55 16:11 26:00
@MariaLuzBuenaventura-fs9xc
@MariaLuzBuenaventura-fs9xc 2 ай бұрын
In my personal observation hindi tlaga ito kdalasan ng tama npapatupad as described in video As in meron STOP n npktagal ? as hindi n usad to the end result n dapat m transfer to Heirs ang property after deceased n parent or both parents for example khit n meron efforts to as above described to settle estate tax Ang ? KAILAN mg Court Probate Case Gawin Ng Public or other Private Attys b n probono THANKs po lagi for the legal advices of licensed atty needed And for my info addl info concerns on property Like s pg nuod video s you tube frm licensed attys vlog nman Po sana
@charlottevalentin6344
@charlottevalentin6344 Жыл бұрын
hello po, nmtay po c father nung 2020 and c mother nung 2021, ngayon ung properties nmn po is yearly nbbyran yung tax nilang 2, wla din pong transfer sa heir na nangyari, ngayon paano na po ung pagtrabsfer nung mga property po sa mga heir
@DRX2Ktech
@DRX2Ktech Жыл бұрын
wala po kayang amnesty sa estate tax ng namatay from January 2018 up to present? gusto sana namin i-settle yung estate tax ng father namin died on march 2019, pero baka sobrang laki ng interest, surcharge at compromise penalty.
@gnajerahradmin1535
@gnajerahradmin1535 Жыл бұрын
What if the only property left by the only living parent is the family home? is it also subject to estate tax or exempted? Thank you.
@LegalGuidePhilippines
@LegalGuidePhilippines Жыл бұрын
Yes, that's subject to estate tax. But thankfully, the TRAIN law exempts family homes up to 10M. If you need help understanding the other aspects of estate settlement, would recommend our workshop at info.legalguide.ph/estate Hope this helps!
@amadonessia9405
@amadonessia9405 Жыл бұрын
What if both desedents died abroad say in California how much estate tax under the train law.
@LegalGuidePhilippines
@LegalGuidePhilippines Жыл бұрын
Hi Amado, there are some more details needed to make a recommendation here. (Ex. were they permanent residents in California or were they visiting? Did they retain a residence in the Philippines?) These questions (among others) would allow a lawyer to advise you. If you need someone to assist you, you can set a free consultation with us at www.legalaccess.ph and choose estate settlement from the options.
@jaydeechan4593
@jaydeechan4593 Жыл бұрын
Hello new subscriber here, where can I get the free book? "Don't let you heir down" Thank you!
@nenitacruz7478
@nenitacruz7478 Жыл бұрын
Paano na po kung may deed of sale na sa isang anak pero d pa naililipat sa anak yung Land Title?
@gracebajon9236
@gracebajon9236 10 ай бұрын
Mga sir ask ko lang po 2015 po kc namatay mom ko at still wla pa po ung Title galing sa BFS di rin po ako nkpagfile ng estate tax. Worried lang ak kc dko alm na need ifile ung estate tax wla prin title ng bahay kc ayaw daw iprocess ng BIR. Pnplano ko po na itransfer sna sa name ko still pending prin title po sa name ng mom ko. Mga mgkano po kya estate tax na from 2015 po kc? Thank u po
@ythings
@ythings Жыл бұрын
if one of the compulsory heir (anak) is also deceased, can the legit or illegit grand kids still qualified?
@LegalGuidePhilippines
@LegalGuidePhilippines Жыл бұрын
Yes. If you need help with estate settlement, you can book a consultation with us at www.legalaccess.ph
@felixtinampay4164
@felixtinampay4164 8 күн бұрын
Gud eve sir. May I ask if required po ba na bayaran Ang estate tax ng deceased parents to the owner their son who died single.?
@icebergtrading5411
@icebergtrading5411 8 ай бұрын
Good day po, pwede po ba na ang babayaran lang ng estate tax ay ung portion lang ng ibebenta galing sa mas malaking lote? meron po kasi akong bibilin na property pero ang meron lang sila eh tax declaration ng buong lote (1.8has) tapos 1000sqm lang bibilin ko. Ang nakapangalan sa tax dec eh lolo pa nila. Salamat po. Pwede po kayang estate tax lang ng 1000sqm? salamat po
@tomcruz9788
@tomcruz9788 Жыл бұрын
Good day atty.,ano po ba yong computation ng estate tax?at atty.,kapag bibili ka ng property by means of DEED OF EXTRAJUDICIAL SETTLEMENT WITH SALE,ano2x po yong mga dapat alamin?
@LegalGuidePhilippines
@LegalGuidePhilippines Жыл бұрын
A lot of things have to be taken into consideration when computing that. The BIR released information on this at www.bir.gov.ph/index.php/tax-information/estate-tax.html If you need help on estate settlement, you may book a consultation with us at www.legalaccess.ph and we would be happy to help.
@jennysantos4537
@jennysantos4537 11 ай бұрын
Atty ask q lng po. Patay na po si Donee at may iniwan po na Deed of Donation sa isa s mga anak nya po. Gusto n po ipa transfer ni Donee sa name nya po un title. Required p din po b n magkaroon po ng Extra Judicial Settlement?Ayaw po kc kmi bigyan ng CAR khit may Deed of Donation n po e.Sana po msagot pls. Salamat po.
@virginiasguevara6526
@virginiasguevara6526 Жыл бұрын
Hindi po ba May deduction doon sa unpaid property tax? Ano na yong term sa English sa deductions sa pagsesettle/pagbabayad ng backdated late tax?
@LegalGuidePhilippines
@LegalGuidePhilippines Жыл бұрын
Amnesty po. Dependent po yan sa LGU kung meron silang amnesty being offered.
@rubjub11
@rubjub11 Жыл бұрын
Dear Atty, Namatay po ang Nanay namin noong 2015 na walang nangyaring hatian sa mga ariarian nila ng amin tatay. Wala pong Estate Tax na binayaran at wala rin EJS na nangyari. Buong akala namin na otomatik na sa Tatay namin mapupunta dahil nakapangalan naman sa kanilang mag-asawa. Namatay ang Tatay namin noong Nov. 13, 2021. Bilang mga naiwan na walong (8) magkakapatid, nagkaroon na kami ng kasunduan kung paano ang hatian at pumayag naman na ang lahat. Ang mga bilang ng ari-arian na naiwan na puro Real Estate ng aming magulang ay hindi nagbago mula noong namatay si Nanay at hanggang sa namatay din si Tatay. 1. Paano po namin babayaran ang Estate Tax noong namatay ang aming Nanay? 2. At paano yung hatian dapat na ginawa noon na hindi nagawa? Yun po bang EJS na ginawa namin ngayon, puwede na rin yun ang EJS na isusumite namin sa panig ng Nanay ko. Pagsabayin na lang po sa iisang BIR Form o dalawang BIR Forms? 3. Kung babayaran namin nga Estate Tax noong namatay si Nanay, siyempre iba na yung Estate tax na babayaran ngayon o babayaran uli kasi panibangong transfer tax. Paano babayaran ang Estate tax noong namatay si Nanay? 4. Puwede bang magbayad na lang kami ng Estate tax ni Nanay na 50% na kanyang hati. Wala namang actual transfer ng properies noon, kaya palagay ko po hindi kami magbabayad ng transfer tax kundi Estate Tax lang. %. Yung sa Transfer o Donor's tax, gagawin na namin ngayon ang pagbabayad dahil namatay na si Tatay o parehas na silang namatay. Maraming Salamat po..
@LegalGuidePhilippines
@LegalGuidePhilippines Жыл бұрын
Hi Rub, tingin ko makakatulong kami. Feel free to set a consultation po at www.legalaccess.ph and choose estate settlement po sa options.
@momswaknswak3304
@momswaknswak3304 2 жыл бұрын
Ask lang po attorney, Buyer po ako, pwede po ba ako ang magprocess ng estate tax (may Extrajudicial settlement of estate March 2021 - (hindi po na publishang EJS) and deed of sale May 2022 separate documents). Ok lang poba ito, o dapat mag ka pareho po ang date ng extra judicial settlement at deed of sale Concern ko po: yung lote lang po ba na Nabili ko sa seller ang Subject sa estate tax. Hindi na po ba Masasangkot ang iba pa nilang property. Please advise po. Maraming Salamat po.
@LegalGuidePhilippines
@LegalGuidePhilippines Жыл бұрын
Hi Momswak, I think it would be best if you consult a legal team to check the docs po para sure. Marami po kasi moving parts yan situation, mabuti nang sure. You can book a consultation with us at www.legalaccess.ph and choose ESTATE SETTLEMENT from the options. If you want a free legal team instead, this link would be helpful: www.legalguide.ph/where-to-ask-for-free-legal-assistance
@bingregala948
@bingregala948 Жыл бұрын
We are trying to avail of the Estate tax amnesty deadline but our parents also left us with delinquent Real property tax. Can we combine both taxes in one transaction?
@LegalGuidePhilippines
@LegalGuidePhilippines Жыл бұрын
No, they are taxes due to 2 separate agencies.
@bingregala948
@bingregala948 Жыл бұрын
@@LegalGuidePhilippines Thank you! One more thing please. If we want to keep the house, how do we handle the estate tax and replace our parents name on the Title?
@cynthiaclaudio3022
@cynthiaclaudio3022 Жыл бұрын
where to get the book.. ( hoping i get a reply)
@LegalGuidePhilippines
@LegalGuidePhilippines Жыл бұрын
info.legalguide.ph/ask
@amandofidel13
@amandofidel13 Жыл бұрын
HI po sirs! Do I need to pay estate tax in this scenario. Property and house are in co owned by 2 couples. One of the spouse died on Oct 2015. The remaining owners want to remove the name of the deceased spouse from the title. Hindi po mamanahin or transfer of property just removing the name of the deceased spouse po.Thank you so much and God bless.
@bernadettepanaligan4567
@bernadettepanaligan4567 Жыл бұрын
Good eve po atty. Ask ko lng po, magbabayad pa rin po b ng estate tax ang nanay ko for example po sa title po ang nkalagay po ay married to kasi po un lot po ay namana ng nanay ko nun may asawa n po sya, ngayon namatay po un tatay ko need p po ba na agad agad ipaalis ng nanay ko un name ng tatay ko s title po as married to? o wala nmn po problem yun kht hndi na lng? or need po ba para di lumaki un estate tax po? Thank you so much po in advance
@LegalGuidePhilippines
@LegalGuidePhilippines Жыл бұрын
May mga dapat pong linawin na detalye bago po makapagbigay ng angkop na recommendation tungkol dito. Kung gusto nyo po, pwedeng mag request ng konsulta sa www.legalaccess.ph para po mabigyang linaw ang sitwasyon ninyo. Sana nakatulong po ito.
@selinesayong2792
@selinesayong2792 Жыл бұрын
How to get the book po
@pompeiayu
@pompeiayu Жыл бұрын
May judicial order na po. Ipinatutupad na lang po ang compromise agreement ng korte na pinirmaan ng mga heirs. Mayroon po di ayaw pumirma na i settle na lahat ng bayarin kasama napo taxes for 20 yrs na po. Can we proceed to pursue the processing of the settlement by complyingnwith the BIR requirements on how to pay the estate taxes. Is it necessary that all heirs should sign in order to comply to pursue the settlement???
@bamboo43
@bamboo43 Жыл бұрын
Hi Faye, thanks for writing in. Considering may judicial order na po, I think best person to answer your question would be the lawyer who handled the case for you to ensure that all your actions would be consistent. The handling lawyer would be aware of any facts or possible complications that may arise. Your lawyer is in the best position to advise you at this point. :)
@LegalGuidePhilippines
@LegalGuidePhilippines Жыл бұрын
Hope the advise above was able to help!
@momswaknswak3304
@momswaknswak3304 2 жыл бұрын
Attorney ask lang po, ipapa ammend po ang deed of sale, dahil hindi naka pirma yung anak sa deed of Sale.(co-owner) ama lang naka pirma. Buyer po ako, ano po pwede namin ipagawa na supplemental document para maisama ang pirma at pangalan ng anak sa deed of sale. Please advise po attorney. Maraming salamat po 🙏
@LegalGuidePhilippines
@LegalGuidePhilippines Жыл бұрын
I think better bagong document na lang po. If you need assistance on this, you can go to www.legalaccess.ph and choose TRANSFERRING LAND from the options there. Hope this helps!
@fil7763
@fil7763 Жыл бұрын
Can your legal office prepare an extra judicial settlement for my sister's estate? She died this year and I am her heir.
@lorrainedacuma1818
@lorrainedacuma1818 Жыл бұрын
My parents both died in US. How do we go around it so that I can pay estate tax ,I learned that I have to secure TIN # each of them. All of us heirs love in to he USA except my self where I split my time ,in US and there
@LegalGuidePhilippines
@LegalGuidePhilippines Жыл бұрын
You can set a free consult with us so we can see if we can assist. You may book it at www.legalaccess.ph (choose estate settlement)
@LegalGuidePhilippines
@LegalGuidePhilippines Жыл бұрын
You can set a free consult with us so we can see if we can assist. You may book it at www.legalaccess.ph (choose estate settlement)
@nursegaga258
@nursegaga258 Жыл бұрын
Meron po ba kayong legal services for land titles etc?
@LegalGuidePhilippines
@LegalGuidePhilippines Жыл бұрын
Yes. Just book a consultation at www.legalaccess.ph so we can see how we can assist. :)
@ginadelosreyes5353
@ginadelosreyes5353 Жыл бұрын
How much po Ang extra judicial settlement?
@LegalGuidePhilippines
@LegalGuidePhilippines Жыл бұрын
You can set a consultation with us at www.legalaccess.ph (choose ESTATE SETTLEMENT) so we can send a proposal. :)
@mayc6946
@mayc6946 Жыл бұрын
Hello po, I am trying to book an appointment for tomorrow at 1 pm on your website but I am getting an error. tried several times already. any other way to reach you? I did not see any phone number listed on contact us only an address
@LegalGuidePhilippines
@LegalGuidePhilippines Жыл бұрын
Hi May, I just tried booking and it seems to be ok on my end. Here are some suggestions: 1. Try it one more time. 2. If it doesn't work, you can email info@legalguife.ph and we'll book it for you tomorrow. Have a great weekend ahead.
@mayc6946
@mayc6946 Жыл бұрын
@@LegalGuidePhilippines I was able to book na po, thank you
@jerrylyngalagnara3404
@jerrylyngalagnara3404 Жыл бұрын
Dapat tagalog po para maintindihan ng maayus.
@bunsu15
@bunsu15 Жыл бұрын
Gaano po katagal ang pag process sa pag file ng estate tax? Ila months po ? Salamat po
@LegalGuidePhilippines
@LegalGuidePhilippines Жыл бұрын
Nagbabago po depende sa dami ng properties na inaayos at gaano kabilis gumalaw ang heirs. Kung gusto nyo po magpatulong, maari pong pumunta sa www.legalaccess.ph at piliin ang Estate Settlement doon.
@munztaowl
@munztaowl Жыл бұрын
12:14 hahaha joker si Atty
@veronicamantiza5144
@veronicamantiza5144 Жыл бұрын
Pwedi ba tagalog sir ..madami kasi di marunong english
@LegalGuidePhilippines
@LegalGuidePhilippines Жыл бұрын
Tuloy nyo lang po panoorin yung video mam. Tingin ko matutuwa kayo sa madi-discover ninyo tungkol sa wikang ginamit. :)
@marlonb.habana4723
@marlonb.habana4723 Жыл бұрын
Tagalog nio naman daw...
@LegalGuidePhilippines
@LegalGuidePhilippines Жыл бұрын
Sino po may sabi? :D
@derekeducalane6196
@derekeducalane6196 8 ай бұрын
puro naman kayo english kayo nakakaintindi ng sinasabi nyo,pwede namang tagalog at pra sa mga pilifino yan.
@siboyto
@siboyto Жыл бұрын
Pwede paki clarify yung 1/3 portion,so if the surviving spouse died, would it mean the taxable estate is the 50% plus 1/3 ?
Kahit walang EJS pwede! 2 years to pay pwede!
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