My father died Jan 3 and I won’t be able to take care of his estate until end of june – since I am not in the Philippines right now. I have 3 questions:
1. I wanted to transfers all the Deeds/ Title to my mother – Do we have to file and pay for inheritance tax even if she is the surviving spouse.
2. If we do, how do we go about filing for the extension for the inheritance tax .
3. If we file after a year (If BIR will let us )- what is the “bond” we are suppose to come up with.
Pls. explain in details, I really have no experience in this matter. Maraming Salamat po.