DECEDENTS, ESTATES AND FIDUCIARIES. Chapter. 1. Estates and trusts are taxpayers for Pennsylvania personal income tax purposes.The following steps explain what you will need to do to open the probate process here in the state of Pennsylvania. We offer checking accounts that are convenient, secure, and equipped with online and mobile banking features that fit your needs. Open an account today. Explore our accounts and open one today. The financial institution may need to be notified that a person has passed away, and they may reissue a cheque in the estate's name. Pennsylvania inheritance tax – Funds in the account are exempt from Pennsylvania inheritance tax. Have a non-account related question? Please feel free to fill out the form below to send us an email.