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.
The amnesty is only available until a deadline set by law, and that deadline has been extended more than once. Confirm with the BIR or a lawyer that it is still open before you rely on it.
Start with an extrajudicial settlement
An extrajudicial settlement is possible when the heirs agree, no will was left behind, and the estate has no unpaid debts. The agreement must be notarized and published in a newspaper of general circulation once a week 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 transfer the title to the heirs.
Disagreement among heirs is one of the most common causes of delay. A lawyer who helps the family settle differences early can save years of litigation.
