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Home My WebLink About01-19-07 ~-1500 d+ (8-00) REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT ~ \. --,' 'A ~I '".-!.. "I, <' . .. - .', I ~4 '.:?C4tr.. ' .~J. : ,'~}.~. COMMONWEAlTH OF PENNSYLVANIA DEPARTMENT OF REVENUE DEPT. 280601 HARRISBURG, PA 17128-0601 I- Z W Q W (,) W Q DECEDENT'S NAME (lAST, FIRST, AND MIDDLE INITIAL) Drennan, John F., Jr. DATE OF DEATH (M~Y8a') DATE OF BIRTH (MM-DO-Year) 05/08/2006 11/10/1933 (IF APPUCABlE) SURVIVING SPOUSE'S NAME (lAST, FIRST, AND MIDDLE INITIAL) Drennan, Ma Vita 00 1. orVinal Return o 4. Linited Estate 00 6. Decedent Died Testate (AltlCltcopyofWllq o 9. Ltidation Proceeds Received o 2. Supplemental Return o 48. Future Interest Compromise (dale of deaIh 8lIIIr 12-12-82) o 7. Decedent Maintained a Livi~ Trust (AItICIt copy of Trust) o 10. Spousal Poverty Credft (dIIIIlofdealh ~ 12-31.9111ld 1-1-95) OFFIQAL. USE ONLY FILE NUMBER 2 1 -0 6 0 4 2 4 ClDl'tv.... --,w-- - - 1DiIR- - SOCIAL SECURITY NUMBER o 1 1 - 2 6 - 1 095 THIS RETURN IIJST BE FILED IN DUPlICATE wrTH THE REGISTER OF WILLS SOCIAL SECURITY NUMBER o 3. Remainder Return (daleofdealhpl1ortl12-13-82) o 5. Federal Estate Tax Return Required _ 8. Total NlI11ber of Safe Deposft Boxes o 11. Section to tax under Sec. 9113(A) (AItICIt ScI1 0) ... z ~ z i w II: II: 8 NAME Dean A. Weidner, E uire FIRM NAME (If Appticable) WI X, WENGER & WEIDNER TELEPHONE NUMBER (717) 234-4182 P.O. Box 845 Harrisbur , P A 17108-0845 z o t= <C .... ::) l- ii: <C (,) w a: 1. Real Estate (Sched~e A) 2. Stocks and Bonds (Schedule B) 3. Closely Held Corporation, Partnership or Sole-Proprietorship 4. Mortgages & Notes Receivable (Sched~e D) 5. Cash, Bank Deposits & Miscellaneous Personal Property (Sched~e E) 6. Jointly Owned Property (Sched~e F) o Separate Bili~ Requested 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (Sched~e G or L) 8. Total GrOll AneII (total Lines 1-7) 9. Funeral Expenses & Administrative Costs (Sched~e H) 10. Debts of Decedent, Mortgage Liablkies, & Liens (Sched~e I) 11. Total Deduction. (total Lines 9 & 10) 12. Nit Value of Estate (Line 8 minus Line 11) 13. Charitable and Governmertal Bequests/See 9113 Trusts for which an election to tax has not been made (Schedule J) (1) (2) (3) (4) (5) (6) (7) (9) (10) 14. Net Value Subject to Tax (Line 12 minus Line 13) SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES z o t= ~ =>> a. :is o (,) >< ~ 15. Amount of Line 14 taxable at the spousal tax rate, or transfers unclerSec. 9116 (aX1.2) 310,934.86 X ~ (15) 0.00 X _ (16) 0.00 X .12 (17) 0.00 X .15 (18) (19) 16. Amount of Line 14 taxable at lineal rate 17. Amount of Line 14 taxable at sibli~ rate 18. Amount of Line 14 taxable at collateral rate 19. Tax Due 20. D CHf I" H,,, " .~r2' I E()' E:,T N:-:J,~ r.:l'-' N, ,F .\r, ,lRPt.;','L~r f',,) Co .- :0 29,000.00 :t 0 )>r:;::; ~3? ("";0 C)-n -c 8,663.69 ::is --l OFFI <- > Z \0 :I> :x c;~ -n '""') r"n c> "r"r }: U1 CD 0.00 295,602.06 (8) 333,265.75 20,658.93 1,671.96 (11 ) (12) (13) 22,330.89 310,934.86 (14) 310,934.86 0.00 0.00 0.00 0.00 0.00 D d · C Add ece ents omPlete reS8: STREET ADDRESS 1009 T unbridge Lane CITYM h . b I STATE PA I ZIP 17050 ec antes urg Tax Payments and Credits: 1. Tax Due (Page 1 line 19) 2. CreditslPayments A. Spousal Poverty Credit B. Prior Payments C. Discount (1) 0.00 Total Credits (A + B + C) (2) 0.00 3. InterestlPenatty if applicable D. Interest E. Penalty 5. TotallnterestlPenalty ( 0 + E) If line 2 is greater than Une 1 + Une 3, enter the difference. This is the OVERPAYMENT. Check box on Page 1 Line 20 to request a refund (4) If Une 1 + Une 3 is greater than Line 2. enter the difference. This is the TAX DUE. (5) A. Enter the interest on the tax due. (5A) B. Enter the total of line 5 + 5A. This is the BALANCE DUE. (5B) Make Check Payable to: REGISTER OF WILLS, AGENT (3) 0.00 0.00 0.00 4. 0.00 PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X. IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No a. retain the use or income of the property transferred;....................... ....................... ..... ..... ................. 0 [!I b. retain the right to designate who shall use the property transferred or its income;...................................... 0 [!I c. retain a reversionary interest;.or...... ................ ........................... ........... ....... ......... ............. ......... 0 [!I d. receive the promise for life of either payments, benefits or care?.......................................................... 0 [!I 2. If death occurred atter December 12,1982, did decedent transfer property within one year of death without receiving adequate consideration?.. .. ........ .. .... ...... ... ...... ... ... .... .... ...... ... ..... . .... .... ...... ... . ......... 0 00 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death2............... 0 00 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designati0ll2.... ...... ...... .......... ............... ......... ..... ............ ..... ............... ........... 00 0 IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. ADDRESS ;. ',-;J:Zj:/>,;~ {,"-;f-:;"J ~:ifXft:l' ~.~;\r:.~I):~:f~~f~~i~I.:(r;'t~~ilf~'if~~~i~~t'~.t~i' -,~:~;}1~j~(t:.-jf:I:~{;~::n~i~,'~:i:fI};}'-~1 For dates of death on or after July 1, 1994 and before January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3% [72 P.S. ~9116 (a) (1.1) (i)]. For dates of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0% [72 P.S. ~9116 (a) (1.1) (ii)]. The statute does not exemot a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or atter July 1, 2000: The tax rate imposed on the net value of transfers from a deceased child twenty-one years of age or younger at death to or for the use of a natural parent, an adoptive parent, or a stepparent of the child is 0% [72 P.S. ~9116{a)(1.2)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4.5%, except as noted in 72 P.S. ~9116{1.2) [72 P.S. ~9116{a)(1)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 120/0 [72 P.S. ~9116( a)( 1.3)]. A sibling is defined, under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. , , REV-1502 EX + (6-98) . COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Drennan. John F.. Jr. 21 06 0424 All ....1 property owned solely or as a .ant In common must be reported at fair market value. Fair market value is defined as the price at which property YioUd be excha~ed between a wili~ buyer and a will~ seller, neither bei~ compelled to buy or sell, both having reasonable knowledge of the relevart facts. Real DroDerlv which II Iolntlv-owned with rlaht of survlvorshlD must be disclosed on Schedule F. SCHEDULE A REAL ESTATE ITEM NUMBER 1. DESCRIPTION VALUE AT DATE OF DEATH None TOTAL (Also enter on line 1, Recapitulation) $ (If more space is needed, insert addlional sheets of the same size) 'REV-1503'ex + (6-98) . COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE B STOCKS & BONDS ESTATE OF FILE NUMBER 21 06 All properly jolntly-owned with right of survivorship must be disclosed on Schedule F. 0424 Drennan. John F.. Jr. ITEM NUMBER 1. DESCRIPTION VALUE AT DATE OF DEATH 29,000.00 IWachovia Securities TOTAL (Also enter on line 2. Recapitulation) $ (If more space is needed, insert addftional sheets of the same size) 29,000.00 . , REV-1504 EX + (6-98) . COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE C CLOSELY-HELD CORPORATION, PARTNERSHIP OR SOLE-PROPRIETORSHIP ESTATE OF Drennan. John F.. Jr. FILE NUMBER 21 06 0424 Sched~e C-1 or C-2 (includi~ all supporting infonnation) rnust be attached for each c1osely-held corporation/partnership interest of the decedent, other than a soIe-proprietorship. See instructions for the supporting infonnation to be submitted for sole-proprietorships. ITEM NUMBER 1. DESCRIPTION VALUE AT DATE OF DEATH [None TOTAL (Also enter on line 3, Recapitulation) $ (If more space is needed. insert additional sheets of the same size) REV-1507 EX + (6-98) . COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE D MORTGAGES & NOTES RECEIVABLE ESTATE OF Drennan. John F. Jr. FILE NUMBER 21 06 All property jolntly-owned with the right of survivorship must be disclosed on Schedule F. 0424 ITEM NUMBER 1. DESCRIPTION VALUE AT DATE OF DEATH TOTAL (Also enter on line 4, Recapitulation $ (If more space is needed, insert additional sheets of the same size) REV-150l3 EX + (6-98) . SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Drennan. John F.. Jr. FILE NUMBER 21 06 Include the proceeds of Iftigation and the date the proceeds were received by the estate. All property jolntly-owned with right of survivorship must be disclosed on Schedule F. ITEM NUMBER 1. $32.41 2. TOTAL (Also enter on line 5, Recapitulation) $ (If more space is needed, Insert additional sheets of the same size) 0424 VALUE AT DATE OF DEATH 1, .41 7,231.28 8,663.69 . REV-1 so9 EX + (6-98) . SCHEDULE F JOINTLY-OWNED PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Drennan. John F . Jr. FILE NUMBER 21 06 If an .... WlS made joint within one year of the decedenfs date of death. It must be reported on Schedule G. 0424 SURVIVING JOINT TENANT(S) NAME ADDRESS RELATIONSHIP TO DECEDENT A. pause B c JOINTl Y-OWNED PROPERTY: LETTER DATE DESCRIPTION OF PROPERTY %OF DATE OF DEATH ITEM FOR JOINT MADE INCLUDE NAME OF FINANCIAL INSTITUTION AND BANK ACCOUNT NUMBER OR SIMILAR DATE OF DEATH DECD'S VALUE OF NUMBER TENANT JOINT IDENTIFYING NUMBER. ATTACH DEED FOR JOINTLY-HELD REAL ESTATE. VALUE OF ASSET INTEREST DECEDENT'S INTERES 1. A. One-half ownership interest in residence situate at 526,500.00 0.00 1009 Tunbridge Lane, Mechanicsburg, Cumberland County, Pennsylvania-- THIS INFORMATION PROVIDED FOR STEP UP BASIS PURPOSES ONLY -- NOT A TAXABLE ASSET TOTAL (Also enter on line 6. Recapitulation) $ 0.00 .. T (If more space IS needed, Insert additional sheets of the same size) REV-151l) EX + (6-98) . SCHEDULE G INTER-VIVOS TRANSFERS & MISC. NON-PROBATE PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER 21 06 Drennan. John F.. Jr. 0424 ITEM NUMBER 1. This sched~e must be completed and fled if the answer to any of questions 1 thl'OllJh 4 on the reverse side of the REV-1500 COVER SHEET is yes. DESCRIPTION OF PROPERTY INCLUDE TIE IWE rS' THE TRANSFEREE, THBR RELATIONSHP TO llECEllENT /IlK) Tit: DATE rS' TRANSFER. ATTACH ACCPfrS' THE DEED FOR REAL eSTATE. % OF DECD'S INTEREST 1 2. SFC Asset Management IRA Account (Schwab) OOD Value: $35,755.42; Accrued Interest: $0 Beneficiary: Mary Vita Drennan (valuation letter attached) 35,755.42 100. TOTAL (Also enter on line 7 Recapitulation) $ (If more space is needed, insert addiional sheets of the same size) EXCLUSION OF N'PUCABLE) 35,755.42 295,602.06 REV-1511" EX + (12-99) . COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Drennan. John F.. Jr. SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS Debts of decedent must be reported on Schedule I. FILE NUMBER 21 06 0424 ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1. Neill Funeral Home Inc. 10,720.60 2. Office of Catholic Cemeteries 800.00 B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Name of Personal Representative (s) Social Security NlI11be~s)/EIN Number of Personal Representative(s) Street Address City State Zip Yea~s) Commission Paid: 2. Attorney Fees Wix, Wenger & Weidner (estimated) 8,750.00 3. Famiy Exemption: (If decedent's address is not the same as daimant's, attach explanation) Clainant Street Address City State Zip Relationship of Claimant to Decedent 4. Probate Fees Register of Wills of Cumberland County 140.00 5. Accountart's Fees 6. Tax Return Prepare!'s Fees 7. Sentinel (advertising) 173.33 8. Cumberland Law Journal (advertising) 75.00 TOTAL (Also enter on line 9, Recapitulation) $ 20,658.93 (If more space is needed, Insert add.ional sheets of the same size) REV-1512 EX + (6-98) . SCHEDULE. DEBTS OF DECEDENT, MORTGAGE LIABILITIES & LIENS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Drennan. John F.. Jr. FILE NUMBER 21 06 0424 Include unrelmbul"Hd medical expen.... ITEM NUMBER DESCRIPTION 1. Verber Family Dentistry VALUE AT DATE OF DEATH 191.20 2. West Shore Country Club 659.04 3. Urology of Central PA 38.72 4. Credit First, N.A. (Firestone credit card) 220.50 5. Chase (credit card) 374.57 6. AAA Finance (credit card) 187.93 TOTAL (Also enter on line 10, Recapitulation) $ (If more Space is needed. insert additional sheets of the same size) 1,671.96 ""'O''''Ex+* COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF SCHEDULE J BENEFICIARIES FILE NUMBER [lIImllldll. John F. Jr_ 21 M 0424 RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not List Trustee(l) OF ESTATE I. TAXABLE DISTRIBUTIONS [include outrVht spousal distributions. and transfers under Sec. 9116 (a)(1.2)) 1. Mary Vita Drennan Spousal 310,934.86 1009 Tunbridge Lane Mechanicsburg, PA 17050 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18. AS APPROPRIATE, ON REV-1500 COVER SHEET n. NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE 1. B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS 1. TOTAL OF PART n . ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET $ (If more space is needed, insert additional sheets of the same size) LAST WILL AND TESTAMENT Ql JOHN F. DRENNAN. JR. I, John F. Drennan, Jr., of Hampden Township, CUmberland County, Pennsylvania, being of sound and disposing mind and memory, do make, publiSh and declare this my Last Will and Testament, hereby revoking all Wills and Codicils by me at any time made. ITEM I: I direct that all inheritance and estate taxes becoming due by reason of my death, whether such taxes may be payable by my Estate or by any recipient of any property, shall be paid by my Executor out of the property passing under this Will, which is not specifically devised, or bequeathed, as an expense and cost of a~inistration of my Estate. My Executor shall have no duty or obligation to obtain reimbursement for any such tax paid by my Executor even though on proceeds of insurance or other property not passing under this Will. ITEM II: I give and bequeath all of my household furniture and furnishings, automobiles, books, pictures, jewelry, china, linen, silverware, wearing apparel and all other like articles of household or personal use and adornment to my wife, Mary Vita Drennan, if she survives me, or if she does not survive me, to my then living children and my wife's then living children, to be divided among them equally by my Executor. ITEM III: I give, devise and bequeath unto my wife, Mary Vita Drennan, all of the rest, residue and remainder of my property, real, personal and mixed. In the event my wife does not survive me, I direct that my Executor shall divide all the rest, residue and remainder of my property, real, personal and mixed into six equal shares. I give, devise and bequeath, outright and in fee simple one such share each to my wife's son, Francis X. Durkin, II of Washington, D.C., and to my children, Joann Phillips of Eldersburg, Maryland; Mary Drabik of Lutherville, Maryland, patricia J. Drenh~ri 'ot Balt;more, J.1al, .\.....';: '. t .,".;.:,_, Maryland and John F. Drennan, III of New cufu~e~iand, Page 1 of 7 I (;:~ I:,J L ,I I ": t"')' , h.. .... ..rt.lUc" , ,Y~l,:'; :'~', ~,~. .: t, ',i ~ jlJ :JJtUU OdJ!:.J;""i:r:!! '-'............ Pennsylvania. If any of the above named children fail to survive me, then his .or her share shall be divided among his or her issue, per stirpes. I give, devise and bequeath the remaining share.of said rest, residue and remainder of my Estate unto my wife's son, Francis X. Durkin, II, or his successor, as TRUSTEE, IN TRUST NEVERTHELESS, for the following uses and purposes: (a) Upon my death, the Trustee shall have, hold, manage, invest and reinvest the principal of the Trust for the benefit of my stepson, Christian J. Durkin of Hampden Township, Cumberland County, Pennsylvania. The Trustee shall pay to or for the benefit of my stepson, so much of the net income and principal of said Trust as the Trustee, in his reasonable discretion, shall deem necessary and appropriate to maintain said child in the proper station in life, including proper support, maintenance, medical, hospital, nursing and nursing ho~e care, and high school, vocational, ~nd other education. Provided, however, there shall be no mandatory distribution of principal or income, and the assets of such Trust shall be distributed for my stepson's support and maintenance, as aforesaid, by my Trustee, in his sole discretion. Upon the death of Christian J. Durkin, if he is survived by then living issue, the Trustee shall quarterly pay the net income from said Trust to or for the benefit of said issue, per stirpes, living at each time of quarterly distribution; twenty (20) years following the death of the last to die of the beneficiaries named in this Item III, all then remaining assets of said Trust shall be paid to the then recipients of the income, in the proportion by which they are then entitled to the income. (b) If Christian J. Durkin is not survived by any living issue upon his death, the Trust shall terminate, Page 2 of 7 and its assets shall be divided into as many equal shares as there are living beneficiaries (other than my said wife) or deceased beneficiaries survived by then living issue beneficiary, or ~o such beneficiary's named under this Item III, and one such share shall be given to each such issue, per stirpes. ITEM IV: In the event of the death, resignation, refusal or inability of my/named Trustee to serve as such, I hereby nominate, constitute and appoint my sister-in-law, Christine C. White, of Dunmore, Pennsylvania, to act as a successor trustee. In the event of the death, resignation, refusal or inability of Christine C. White or her co-trustee to serve as,such, I nominate, constitute and appoint my sister-in- law, Cathie A. O'Donnell of Springfield, Virginia, to serve as a successor trustee. In the event of the death, resignation, refusal or inability of all of my Trustees and successor trustees to serve as such, I nominate, constitute and appoint Dauphin Deposit Bank and Trust Company, or its successors, to serve as Trustee. ITEM V: No part of the income or principal of the property held under any Trust created hereunder shall be subject to attachment, levy or seizure by any creditor, spouse, assignee or trustee or receiver in bankruptcy of any beneficiary prior to his or her actual receipt thereof. The Trustees shall pay over the net income and the principal to the parties herein designated, as their interest may appear, without regard to any attempted anticipation (except as specifically provided in this instrument) pledging or assignment by an beneficiary under a Trust, and without regard to any claim thereto or attempted levy, attachment, seizure or other process against said beneficiary. ITEM VI: In the settlement of my Estate and during the continued existence of the foregoing Trust, my Executor and Trustee of the Trust shall possess, among others, the following powers to be exercised for the best interests of the Page 3 of 7 beneficiaries: (a) To retain any investment I may have at my death, so long as my Executor or Trustee may deem it advisable to my Estate or Trust to do so. (b) To vary investments, when deemed desirable by my Executor or Trustee, and to invest in such bonds, stocks, notes, money markets, real estate mortgages or other securities or in such other real or personal property as my Executor or Trustee shall deem wise, without being restricted to so-called "legal investments." (c) In order to effect a division of the principal of my Estate or the Trust or for any other purpose, including any final distribution of my Estate or Trust, my Executor or Trustee is authorized to make said divisions or distributions of the personalty and realty, partly or wholly in kind. If such division or distribution is made in kind, said assets are required to be divided or distributed at their respective values on the date(s) of their division or distribution. (d) To sell, either at pUblic or private sale and upon such terms and conditions as my Executor or Trustee may deem advantageous to my Estate or the Trust, any or all real or personal estate or interest therein owned by my Estate or the Trust, severally or in conjunction with other persons, or acquired, after my death by my Executor or Trustee, and to consummate said sale(s) by sufficient deeds or other instruments to the purchaser(s) conveying a fee simple title, free and clear of all Trust, and without obligation or liability of the purchaser(s) to see to the application of the purchase money or to make inquiry into the validity of said sale(s); also, to make, execute, acknowledge and deliver any and all deeds, assignments, options or other writings which may be necessary or desirable in Page 4 of 7 carrying out any of the powers conferred upon my Executor or'Trustee in this ITEM VIed) or elsewhere in my will. (e) To mortgage real estate and to make leases of real estate. (f) To borrow money from any party to pay indebtedness of mine or of my Estate or the Trust, expenses of administration, or inheritance, legacy, estate and other taxes. (g) To pay all costs, taxes, expenses and charges, except as herein noted, in connection with the administration of my Estate or the Trust. My Executor shall pay expenses of my last illness and funeral expenses. (h) To vote any shares of stock which form a part of my Estate or a Trust and otherwise to exercise all the powers incident to the ownership of such stock. (i) In the discretion of my Executor or Trustee, to unite with other owners of similar property in carrying out any plans for the reorganization of any corporation or company whose securities form a part of a Trust of my Estate. (j) To assign to and hold in a Trust an undivided portion of any asset. (k) In the discretion of my Trustee, if the size of the Trust established herein shall become so small that it is impractical or uneconomical to continue said Trust, and if the then income beneficiary thereof is capable of prudently managing trust assets, my Trustees may distribute all accumulated income and principal to the then income beneficiaries in proportion to their income interests. (1) The right and discretion to elect the most appropriate settlement options for any employee benefit plan benefits payable to the Trust, provided such Page 5 of 7 election shall be in accordance with procedures established by the plan's administrative committee or administrator, as the case may be. ITEM VII: If at any time, any minor child or incompetent shall be entitled to receive any assets hereunder, my Trustee, or their successor(s) appointed herein, shall act as Guardian(s) of the assets payable to such child or incompetent and shall have full authority to use such assets in any manner as such Guardian shall deem advisable for the best interests of such child, including college, university, post-graduate or other education, without securing court order. ITEM VIII: Any person who shall have died at the same time as Testator, or in a common disaster with him, or under such circumstances that it is difficult or impossible to determine who died first, or fails to survive the Testator by sixty (60) days, shall be deemed to have predeceased him. ITEM IX: I hereby nominate, constitute and appoint my wife, Mary vita Drennan, to be my Executrix (herein "Executor"). In the event of the death, resignation, refusal or inability of my wife to serve as my Executor for any reason, I nominate, constitute and appoint my daughter, Joann Phillips, to be my Successor Executor. In the event of the death, resignation, refusal or inability of Joann Phillips to serve as my Executor, I nominate, constitute and appoint my daughter, Mary Drabik, to be my Successor Executor. My Executor, Trustees and Guardians are specifically relieved from the duty or obligation of filing any bond or other security. ITEM X: If I am survived by minor or incapacitated children, I nominate, constitute and appoint my daughter, Joann Phillips, or my daughter, Mary Drabik, as they shall agree, (or the survivor if one is deceased), to be the Guardian(s) of the person of each such minor or incapacitated child. Page 6 of 7 IN WITNESS WHEREOF, I have hereunto set my hand and seal to this, my Last Will and Testament, consisting of this and the preceding-six (6) pages, this ~ day or July, 1997. ~~et:~~. ) SIGNED, SEALED, PUBLISHED AND DECLARED by the above- named Testator, John F. Drennan, Jr., as and for his Will, in the presence of us, who, at his request, in his presence and in the presence of each other, have hereunto subscribed our names as witnesses in attestation thereof. ~P..'1~~.a-11. - Itktut () I1ih~ Address ,(RfJ/:d::;S-A- ,La) W{ /I;~ ddres.{;~~~ I~~d Address j, /Z;.se b 7 Ct./ i41f.1' ;t(t? C!/f ~11C s tj..cZA4 ,t% /7tJs-S- (/ Page 7 of 7 ACKNOWLEDGEMENT COMMONWEALTH OF PENNSYLVANIA SS. : COUNTY OF DAUPHIN I, John F. Drennan, Jr., the Testator whose name is signed to.the attached or foregoing instrument, having been duly qualified according to law, do hereby acknowledge that I signed and executed the instrument as my Last Will; and that I signed it willingly and as my free and voluntary act for the purposes therein expressed. Sworn to or affirmed and acknowledged before me by John F. Drennan, Jr., the Testator, this day of July, 1997. N Expires: AFFIDAVIT Not8f\aISe8lPuI:IIIC LllaU. LOnlI. ~~ HIn\IbUIQ,~.._ 28 2001 My OonImlRlOn '""t'" __ rot"" , COMMONWEALTH OF PENNSYLVANIA SS.: COUNTY OF DAUPHIN We, ~~m ~S7'/VUr>>- , ~al'\(I~~ L~~i~ and {Ject""\ - -P. . , the witnesses whose names are signed to the attached or foregoing instrument, being duly qualified according to law, do depose and say that we were present and saw the Testator, sign and execute the instrument as his Last Willi that the Testator signed willingly and executed it as his free and voluntary act for the purposes therein expressed; that each subscribing witness, in the hearing and sight of the Testator, signed the will as a witness; and that to the best of our knowledge, the Testator was at that time 18 or more years of age, of sound mind and under no constraint or undue influence~ sworn.. to or a~rmed and s~scribed to before me by ____ 8R~,f)~S. Htf15srJVb~, -~f\-/dl-fL L. t.h(!i-:s and ~.Cl"'\ R-. \ ~d..n-o- , witnesses, this ~3fd day of July, 1997~ ~'plh.tL- .,J.~it- itness ~..onrltl 8,. L-l,~ W ess JJJtUl tJ !lltt dtU1- ~ am ./n~ o ary ~lio M1 9 My commission Expires: (SEAL) C:\DAy\OOCUMENTS\JFORENNAN.WIL July 18, 1997 ~Pub1lC L\81 M. ~~ county ~rg'E AprIl 28, 2001 My cOmmIMlon . . . , PI M8UBant . 499 Mitchell Road, MiIIsboro, DE 19966 Mail Code DE-MB-12 Phone (888) 5024349 Fax (302) 934-2955 June 6, 2006 . Wix Wenger & Weidner Attorneys At Law 508 North Second Street POBox 845 Harrisburg, Pennsylvania 17108-0845 Re: Estate of: John F Drennan Jr Social Security: 011-26-1095 Date of Death: Mav 08, 2006 Dear Sir or Madam: Per your inquiry dated May 19, 2006, please be advised that at the time of death, the above-named decedent had on deposit with this bank the following: 1. Type of Account Checking Account Account Number 29142954 Ownership (Names oj) John F Drennan Jr · Mary Vita Drennan · Opening Date 07/28/82 Balance on Date of Death $/,500.60 $ 0.09 Accrued Interest Total OA" _..._..... _..._....... __...._....."'.......... ...._ .....__..... _....... ..___...... _.. ................_............. ..................... ............__...... $1,500.69 2. Type of Account Savings Account Account Number 015004205324160 Ownership (Names of) John F Drennan Jr · Mary Vita Drennan · Opening Date 09/05/03 Balance on Date of Death $/,375.61 $ 0.03 ....$I37i6;i......._._.~....................- ........-. '-""'"'''' ...__m.. ..----.--..---... . Accrued Interest Total o . eo . . 3. Type of Account Certificate of Deposit Account Number 031003915/24348 Ownership (Names of) John F Drennan Jr Opening Date 09/16/05 $1,400.00 $ 32.4/ Balance on Date of Death Accrued Interest Total $/,432.41 4. Type of Account Home Equity Loan Account Number /444605 Ownership (Names oj) John F Drennan Jr, Borrower * Mary Vita Drennan,. CoBorrower * Opening Date 04/09/04 Balance on Date of Death $78,200.83 ** For Insurance Information and a payoff amount, pleose caN 1-866-408-2727, option 3. Current Balance $78,300.91 ** This amount is not a payoff balance. Please be advised, there was no safe deposit box found for the above decedent. * For further account infonnatiol\, regarding ownership,. closures and/or reimbursement of funds, etc., please call the West Shore Plaza Office # 717-255-2271. Sincerely, '?:fr~~~- Nancy Clagett Records Management . . . ' . . . . . . . . . . . . . . . . . . . . AssetManage~~~ . . May 24, 2006 Wix, Wenger & Weidner Denise B. Williamson 508 North Second Street PO Box 845 Harrisburg, P A "17108-0845 Re: Estate of John F. Drennan, Jr. Social Security No. 011-26-1095 Dear Ms. Williamson, In response to your letter dated May 19, 2006 regarding the account of John F. Drennan, Jr., please be advised: 1. Type of account: Individual Retirement Account 2. Account number: 7214-5401 3. Value at 5/8/06: $35,755.42 4. Amount of unpaid interest, accmed through. decedents death: $0 5. Any joint accounts: No If you have any further questions, please do not hesitate to contact our office at 814-238- 8474. 9~P- James 1. Karchner, CP A/PFS, CFP~ President l423 North Atherton Street State College Pennsylvania , 6803 .814.238.8474 0814.234.3523 96 South George Street. Suite 350 York Pennsylvania 17401 .717.843.0040 0717.843.0075 1027 Mumma Road Wormleysburg Pennsylvania 17043 .717.761.0211 o 717.975.9750 . info@seligmancpa.com (!) www.sfcassets-online.com