Thousands of Philippine families hold property they cannot sell, mortgage, or develop because the title is still in a deceased relative's name. The Estate Tax Amnesty exists precisely for these estates.
Start with an extrajudicial settlement
Start with an extrajudicial settlement if the heirs agree and no will was left behind. The agreement must be notarized and published in a newspaper of general circulation for three consecutive weeks.
File the estate tax amnesty return with the BIR district office that has jurisdiction over the decedent's residence. Once the electronic Certificate Authorizing Registration is issued, the Registry of Deeds can finally transfer the title to the heirs.
Disagreement among heirs is the single biggest cause of delay. A lawyer who mediates early usually saves the family both the litigation and the years.
