In a letter to French scientist Jean-Baptiste Le Roy, the American founding father Benjamin Franklin wrote: "Our new Constitution is now established, everything seems to promise it will be durable; but in this world nothing can be said to be certain, except death and taxes." Death is never an easy topic to talk about, especially in today's pandemic world. Yet it is a discussion that must be had when it comes to visit, since responsibilities do not end with someone's passing.

As part of the government's policy, an estate tax is collected when a deceased person transfers his or her assets to lawful heirs or beneficiaries at the time of death and on certain transfers, which are made by law as equivalent to testamentary deposition. The estate tax is based on the laws in force at the time of death, notwithstanding the postponement of the actual possession or enjoyment of the estate by the beneficiary. The current estate tax rate is 6 percent after the President signed into law Republic Act (RA) 10963, otherwise known as the Tax Reform for Acceleration and Inclusion (Train) Act.

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