Provident National Bank v. Montgomery County Board of Assessment Appeals

McGINLEY, Judge.

These consolidated appeals are from decisions by the Montgomery County Court of Common Pleas (trial court) affirming rulings by the Montgomery County Board of Assessment Appeals (Board) that the interests in certain limited partnerships owned by the Estate of Henry S. McNeil and the Estate of Robert E. Lamberton, III (Estates) are subject to Section 1 of the Act of June 17, 1913, P.L. 507, as amended, 72 P.S. § 4821 (County Personal Property Tax Act).1 We reverse.

Robert E. Lamberton, III died on April 22, 1985, owning interests in three limited partnerships which passed to the *283…