Loading...
HomeMy WebLinkAbout02-15-07 f?ow EX (06-0S) PA Department of Revenue Bureau of Individual Taxes ~ PO BOX.280601 .~ Harrisburg, PA 17128-0601 ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death REV-1500 15056041147 ~v ( \0/ : I i I " ::>.:..J OFFICIAL USE ONLY County Code Year INHERITANCE TAX RETURN 21 06 RESIDENT DECEDENT File Number 0545 177243738 Date of Birth 05212006 05211932 Decedent's Last Name BOWERS Suffix Decedent's First Name JEANNE MI L (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI Spouse's Social Security Number FJLL IN APPROPRIATE OVALS BELOW :!J 1. Original Return THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS 2. Supplemental Return 3. Remainder Return (date of death prior to 12-13-82) 5. Federal Estate Tax Return Required "I 4. Limited Estate 4a. Future Interest Compromise (date of death after 12-12-82) x 6. Decedent Died Testate (Attach Copy of Will) 7 Decedent Maintained a Living Trust . (Attach Copy of Trust) 1 8. Total Number of Safe Deposit Boxes 9. Litigation Proceeds Received 10 Spousal Poverty Credit (date of death . between 12.31.91 and 1.1.95) 11. Election to tax under Sec. 9113(A) (Attach Sch. 0) RORRESPONDENT - THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: ame Daytime Telephone Number DAVID A. FITZSIMONS 7172433341 Firm Name (If Applicable) HARTSON LAW OFFICES REGISTER OF WILLS USE~L Y ~~o 5 - :JJ ..,.., -n rr1 ~':::::.,..-,,\ co '~ t~ Uj r" ~. \J :1i:: First line of address 10 EAST HIGH STREET Second line of address City or Post Office CARLISLE State PA ZIP Code 17013 D N c..n w i; -j....:.. Correspondent's e-mail address: Under penalties of pe~ury. I declare that I have examined this return, including accompanying schedules and statements. and to the best of my knowled~ and belief, it is true, correct and complete. Declaration of preparer other than the personal representative is based on all infonnation of which preparer has any knowledge. STURE OF PER ON RESP NSIBLE FOR FILING RETURN DATE ~ - David A. Fitzsimons ADDRESS 10 East Hi h Street, Carlisle, PA 17013 SIGNATURE OF PREPARER OTHER THAN REPRESENTATIVE ADDRESS David A. Fitzsimons DATE 10 East High Street, Carlisle, PA 17013 L Side 1 15056041147 15056041147 ---' , .:..J 15056042148 REY-1500 EX Decedent's Name: JEANNE L. BOWERS Decedent's Social Security Number 177243738 RECAPITULATION 1. Real Estate (Schedule A)..................................................................................... 1. 140,000.00 184,169.52 234,684.00 2. Stocks and Bonds (Schedule B).......................................................................... 2. 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C)......... 3. 4. Mortgages & Notes Receivable (Schedule D)....................................................... 4. 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E).............. 5. 142,338.28 6. Jointly Owned Property (Schedule F) Separate Billing Requested............. 6. 7. Inter.Yivos Transfers & Miscellaneous N.Q.I'!-Probate Property (Schedule G) Separate Billing Requested............ 7. 8. Total Gross Assets (total Lines 1.7)................................................................... 8. 27,957.05 729,148.85 ---..- "---._- 46,124.72 822.04 9. Funeral Expenses & Administrative Costs (Schedule H)...................................... 9. 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I)............................... 10. 11. Total Deductions (total Lines 9 & 10)................................................................. 11. 46,946.76 682,202.09 12. Net Value of Estate (Line 8 minus Line 11).......................................................... 12. 13. Charitable and Governmental Bequests/See 9113 Trusts for which an election to tax has not been made (Schedule J).............................................. 13. 14. Net Value Subject to Tax (Line 12 minus Line 13)............................................... 14. TAX COMPUTATION - SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, of transfers under Sec. 9116 (a)(1.2) X ~ 16. Amount of Line 14 taxable at lineal rate X .045 17. Amount of Line i4iaXable at sibling rate X .12 18. Amount of Line 14 taxable at collateral rate X .15 682,202.09 o . 0 0 15. o . 0 0 16. 30,699.09 17. o . 00 18. 0.00 19. 30,699.09 682,202.09 o . 00 0.00 19. Tax Due............................. .................. ............ ...................... ......... ..................... 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. o L Side 2 15056042148 15056042148 .....J , REV-1~OO EX Page 3 Decedent's Complete Address: DECEDENT'S NAME JEANNE l. BOWERS --.- ---- -. -----......---,...--.-.----..- STREET ADDRESS 558 West Penn Street File Number 21-06-0545 CITY Carlisle STATE ZIP PA 17013 Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount (1 ) 30,699.09 23,000.00 1,210.53 3. Interest/Penalty if applicable D. Interest E. Penalty Total Credits (A + B + C) (2) 24,210.53 Total Interest/Penalty (0 + E) 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is thEOVERPAYMENt Check box on Page 1 Line 20 to request a refund 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is theTAX DUE A. Enter the interest on the tax due. B. Enter the total of Line 5 + SA. This is theBALANCE DUE (3) (4) (5) (SA) (5B) 6,488.56 6,488.56 Make Check Payable to: REGISTER OF WILLS, AGENT PLEASE ANSWER THE FOllOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS llL 1. Did decedent make a transfer and: Yes No a. retain the use or income of the property transferred;............................................................................. x b. retain the right to designate who shall use the property transferred or its income;................................ x c. retain a reversionary interest; or............................................................................................................ x d. receive the promise for life of either payments, benefits or care?........................................................... x 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideratiOn?................................................................................................................ x 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death.?....... x 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation?..................................... .......,............. ...,......, .................... __,...... .....,....... x IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. 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 three (3) percent [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 zero (0) percent [72 P.S. ~9116 (a) (1.1) (ii)]. The statutedoes not exemota 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 after 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 zero (0) percent [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 four and one-half (4.5) percent, except as noted in 72 P .S. 39116 1.2) [72 P.S. 39116 (a) (1)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is twelve (12) percent [72 P,S. 39116 (a) (1.3)J. 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. J Rev.150Z EX+ '8.91) , * SCHEDULE A REAL ESTATE COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF BOWERS, JEANNE L. FILE NUMBER 21-06-0545 All real property owned solely or as a tenant In common must be reported at fair market valuliair market value is defined as the price at which property would be exchanged between a willing buyer and a willing seller, neither being compelled to buy or sell, both having reasonable knowledge of the relevant facts. Real property which is jointly-owned with right of survivorship must be disclosed on schedule F. ITEM NUMBER DESCRIPTION 1 Real Estate - Residence situate at 558 West Penn Street, Carlisle Borough, Cumberland County, PA, known as Tax Parcel No. 05-20-1796-076, being described In Deed dated July 28,1966, and recorded in Cumberland County, PA, Deed Book "B", Volume 22, Page 243, and being conveyed to James G. Bowers and Jeanne L. Bowers, James G. Bowers died July 26, 2001, leaving title solely vested In Jeanne L. Bowers. Value is appraised value, per appraisal attached. VALUE AT DATE OF DEATH 140.000.00 TOTAL (Also enter on Line 1, Recapitulation) 140,000.00 (If more space is needed, additlonai pages of the same size) COPyright (c) 2002 form software only The Lackner Group, Inc. Form PA.1500 Schedule A (Rev. 6-98) , ReY-1503 EX+ (S-98) , . SCHEDULE B STOCKS & BONDS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF BOWERS, JEANNE L. FILE NUMBER 21-06-0545 All property jolntly-owned with right of survivorship must be disclosed on Schedule F. ITEM CUSIP VALUE AT DATE NUMBER NUMBER DESCRIPTION UNIT VALUE OF DEATH 1 00845V308 1 share of Agere Sys Inc - Com 15.685 15.69 2 00206R102 313 shares of AT&T Inc - Com 25.26 7.908.73 3 053499109 4 shares of Avaya Inc - Com 11.595 46.38 4 079860102 100 shares of Bellsouth Corp - Com 32.6725 3.267.25 5 549463107 42 shares of Lucent Technologies Inc _ Com 2.5525 107.21 6 749121109 62 shares of Qwest Communications Inti In _ Com 6.5125 403.78 7 92113R101 13,197.568 shares of Van Kamp Cap Tax Exempt Trust 10.93 144.249.42 - HI Yld Municipal PT A 8 922907209 1,669.652 shares of Vanguard Municipal Bond Fund 13.17 21.989.32 Inc -International Term Portfolio 9 92343V104 134 shares of Verizon Communications _ Com 30.965 4.149.31 10 92857W100 90 shares of Vodafone Group PLC New - Sponsored 22.5825 2.032.43 Adr TOTAL (Also enter on Line 2, Recapitulation) 184.169.52 (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule B (Rev. 6-98) J ReY-1503 EX+ '8-98) , . SCHEDULE C CLOSEL Y"HELD CORPORATION, PARTNERSHIP OR SOLE.PROPRIETORSHIP COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF BOWERS, JEANNE L. FILE NUMBER 21-06-0545 Schedule C-1 or C-2 (Including all supporting Information) must be allached for each Closely-held corporation/partnership interest of the decedent, other than a sole-propnetorshlp. See instructions for the supporting information 10 be submitted for SoIe-propnetorships. ITEM NUMBER DESCRIPTION 1 2,862 shares of Fleetwood Bank Corporation, Fleetwood, PA . see attached valuation letter VALUE AT DATE OF DEATH 234.684.00 TOTAL (Also enter on Line 3, Recapitulation) 234.684.00 (If more space is needed. additional pages of the same size) COPyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule C (Rev, 6-98) Rev.15GI EX. (1.91) J . SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF BOWERS, JEANNE L. FILE NUMBER 21-06-0545 Include the proceeds of litlgallon and the date the proceeds were received by the estate. All property jOintly-owned with the right of survivorship must b. disclosed on schedul. F. ITEM NUMBER DESCRIPTION 1 Citizens Bank, checking account #6200843701 VALUE AT DATE OF DEATH 13.524.60 2 Genworth Financial, reimbursement of long term care insurance premium 70.88 3 Marty's Inc., proceeds from sale of vehicle 900.00 4 Patriot News, refund of service 9.40 5 The Sentinel, refund 7.26 6 Tri-8tate Imaging Consultants, L.L. C., reimbursement of medical expense 17.12 7 US Currency found in house, appraised value 61.00 8 Wachovia Bank checking 10000324149581 30.503.65 Accrued interest on Item 8 through date of death 0.58 9 Wachovia Bank, Money Market account #1010042362177 53.746.80 Accrued interest on Item 9 through date of death 7.98 10 Coin Collection, appraised value 1.094.09 11 Personal property and household goods 3.000.00 12 ING Annuity #1772437380511 VO, beneficiary: Estate - Date of death value 6.064.18 13 ING Annuity #1772437380511 VO, beneficiary: Estate - balance paid 5.199.14 14 ING Annuity #AET000511 00001 0562902, beneficiary: Estate 28.131.60 TOTAL (Also enter on Line 5, Recapitulation) 142.338.28 (If more space IS needed, additional pages of the same size) COPyright (e) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule E (Rev. 6-98) Rev-1510 EX+ (8-98) , . SCHEDULE G INTER-VIVOS TRANSFERS & MISC. NON-PROBATE PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF BOWERS, JEANNE L. FILE NUMBER 21-06-0545 This schedule must be completed and (Ilea J Ihe answer to any of questions 1 through 4 on the reverse side of the REV-1500 COVER SHEET is yes. ITEM ~.TONu~ r".u ....", DATE OF DEATH % OF DECO'S EXCLUSION TAXABLE NUMBER INCLUDE NAME OF TRANSFEREE. THEIR RELATIONSHIP TO DECEDENT AND VALUE OF ASSET INTEREST (IF APPLICABLE) VALUE THE DATE OF TRANSFER. ATTACH A COpy OF THE DEED FOR REAL ESTATE. 1 AIG Annuity J223947 - Beneficiaries, children: 27.874.35 100.000 27.874.35 Jeri Fitzsimons, 25%; Jack Bowers, 25%; Julie Bowers, 25%; Jed Bowers, 25%. 2 IRA Wachovia Bank 257410090707329- 82.70 100.000 82.70 Beneficiaries, children: Jeri Fitzsimons, 25%; Jack Bowers, 25%; Julie Bowers, 25%; Jed Bowers, 25%. TOTAL (Also enter on Line 7, Recapitulation) 27.957.05 (If more space is needed, additional pages of the same size) Copyright (e) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule G (Rev. 6-98) REV.1151 EX+ (12-99) I . SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF BOWERS, JEANNE L. FILE NUMBER 21-06-0545 Debts of decedent must be reported on Schedule I. ITEM DESCRIPTION AMOUNT NUMBER A. FUNERAL EXPENSES: See continuation schedule(s) attached 10,586.15 B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Social Security Number(s) / EIN Number of Personal Represenlative(s): . Street Address City State Zip - Year(s) Commission paid 2. Attorney's Fees Martson Law Offices (estimated) 25,575.00 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant Street Address City State Zip Relationship of Claimant to Decedent 4. Probate Fees Cumberland County Register of Wills 560.00 5. Accountant's Fees 6. Tax Return Preparer's Fees 7. Other Administrative Costs 9,403.57 See continuation schedule(s) attached TOTAL (Also enter on line 9, Recapitulation) 46,124.72 COPyright (c) 2002 form software only The Lackner GrouP. Inc. Form PA-1500 Schedule H (Rev. 6-98) Rev.1H2 EX+ (I.gll 1 . SCHEDULE H-A FUNERAL EXPENSES continued COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF BOWERS, JEANNE L. FILE NUMBER 21-06-0545 ITEM NUMBER DESCRIPTION AMOUNT 1 David A. Fitzsimons, reimbursement for funeral reception 792.35 2 Hoffman-Roth Funeral Home, Carlisle, PA 8.033.80 3 Jed Bowers, Julie Glavin and Jack Bowers, reimbursement of travel expenses to plan and attend funeral 1.760.00 Subtotal 10.586.15 CoPyright (c) 2002 form software only The Lackner Group, Inc. Form PA.1500 Schedule H.A (Rev. 6-98) Rev.1502 EX+ (...., . SCHEDULE H-B7 OTHER ADMINISTRATIVE COSTS continued COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF BOWERS, JEANNE L. FILE NUMBER 21-06-0545 ITEM NUMBER DESCRIPTION AMOUNT 10 11 12 13 14 1 Adams Landscaping, lawn care service pending disposition of real estate _ July/August 190.00 2 Adams Landscaping, lawn care service pending disposition of real estate _ September/October 120.00 3 Borough of Carlisle, sewer/water, pending dispostion of real estate 16.63 4 Borough of Carlisle, sewer/water, pending dispostion of real estate 18.86 5 Borough of Carlisle, sewer/water, pending dispostion of real estate 18.86 6 Borough of Carlisle, sewer/water, pending dispostion of real estate 18.86 7 Borough of Carlisle, sewer/water, pending dispostion of real estate( 3 months _ estimated) 57.00 8 Borough of Carlisle Tax Account - Real estate taxes pending disposition of real estate 1.211.52 9 Com cast, cable service pending disposition of real estate 50.67 Comcast, cable service pending disposition of real estate 50.67 Comcast, cable service pending disposition of real estate 50.67 Com cast, cable service pending disposition of real estate 50.67 Comcast, cable service pending disposition of real estate 50.67 Comcast, cable service pending disposition of real estate 50.67 COPyright (c) 2002 form software only The Lackner GrouP. Inc. Form PA-1500 Schedule H.B7 (Rev. 6-98) Rev.1502 EX+ (8-98) r . SCHEDULE H-B7 OTHER ADMINISTRATIVE COSTS continued ESTATE OF COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT BOWERS, JEANNE L. FILE NUMBER 21-06-0545 ITEM NUMBER DESCRIPTION AMOUNT 24 25 26 27 28 29 30 15 Com cast, cable service pending disposition of real estate 50.80 16 Cumberland County Register of Wills, Short Certificates 20.00 17 Cumberland County Regiter of Wills, filing fee, Inheritance Tax return 15.00 18 Cumberland Law Journal, advertising Letters Testamentary 75.00 19 David A. Fitzsimons, reimbursement - Gas, tolls and U-haul rental to distribute household goods 355.14 20 Department of Public Welfare, certified mailing 4.64 21 Diversified Appraisal Services, real estate appraisal fee 300.00 22 Embarq, telephone service pending dispqsition of real estate 127.34 23 Embarq, telephone service pending disposition of real estate 65.30 Embarq, telephone service pending disposition of real estate 65.74 Embarq, telephone service pending disposition of real estate 131.44 Embarq, telephone service pending disposition of real estate 65.11 Embarq, telephone service pending disposition of real estate 64.90 Embarq, telephone service pending disposition of real estate 66.48 Embarq, telephone service pending disposition of real estate (3 months _ estimated) 150.00 EVP, online stock valuation 18.60 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H-B7 (Rev. 6-98) Rev-1502 EX+ (8.98) . SCHEDULE H-B7 OTHER ADMINISTRATIVE COSTS continued COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF BOWERS, JEANNE l. FilE NUMBER 21-06-0545 ITEM NUMBER DESCRIPTION 38 39 40 41 42 43 44 45 31 AMOUNT Gross Construction, repairs pending disposition of real estate 1.678.79 32 Ibis Appraisal Services, appraisal fee, coin collection 33 240.00 Ibis Appraisal Services, appraisal fee, US currency 30.00 34 Jack Bowers, reimbursement of travel expensesrelating to disposition of personal property and preparing property for sale 480.00 35 Jed Bowers, reimbursement of travel expensesrelating to disposition of personal property and preparing property for sale 425.00 36 Julie Glavin, reimbursement of travel expensesrelating to disposition of personal property and preparing property for sale 480.00 37 Peerless Insurance, additional homeowners premium pending disposition of real estate 74.50 Peerless Insurance, homeowners & automobile premium pending disposition 288.50 Postage Register mailing to Jed Bowers PPl, electric service pending disposition of real estate 9.54 151.21 PPl, electric service pending disposition of real estate 74.08 PPl, electric service pending disposition of real estate 47.89 PPl, electric service pending disposition of real estate 59.70 PPl, electric service pending disposition of real estate 144.26 PPl, electric service pending disposition of real estate 158.34 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H-B7 (Rev. 6-98) Rev.150Z EX+ '8-S8' . SCHEDULE H-B7 OTHER ADMINISTRATIVE COSTS continued COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF BOWERS, JEANNE L. FILE NUMBER 21-06-0545 ITEM NUMBER DESCRIPTION 46 PPL, electric service pending disposition of real estate AMOUNT 47 PPL, electric service pending disposition of real estate 199.87 48 PPL, electric service pending disposition of real estate (3 months _ estimated) 216.07 49 Reserved for additional filing fees and miscellaneous expenses 450.00 50 The Sentinel, advertising Letters Testamentary 500.00 51 Wachovia Bank, commercial service charge 144.29 52 Wachovia Bank, Money Market account #2000018110948 _ Bank fee 10.29 10.00 Subtotal 9.403.57 CoPyright (c) 2002 form software only The Lackner Group, Inc, Form PA.1500 Schedule H.B7 (Rev. 6-98) Rev'1512 EX+ (6-98) . SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF BOWERS, JEANNE L. FILE NUMBER 21-06-0545 Include unrelmbursed medical expenses. ITEM NUMBER DESCRIPTION 1 Adams Landscaping, account payable VALUE AT DATE OF DEATH 2 Borough of Carlisle, account payable, sewer/water 100.00 3 Comcast, account payable 45.43 4 East Pennsboro Ambulance Service, account payable 101.34 5 Masland Associates, account payable 104.50 6 MBNA automatic payment withdrawal 78.42 7 PA Department of Revenue, 2006 PA40 tax & interest 51.55 8 PPl, account payable 55.92 9 Sprint, account payable 96.92 10 Wachovia Bank checking 10000324149581 - Outstanding checks on date of death 74.69 113.27 TOTAL (Also enter on Line 10, Recapitulation) 822.04 (If more space is needed. additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule' (Rev. 6-98) REV-1513 EX+ (9-00) . SCHEDULE J BENEFICIARIES COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF NUMBER BOWERS, JEANNE L. NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 9116(a)(1.2)) RELA TIONSHIP TO DECEDENT Do Not List Trusteetll FILE NUMBER 21-06-0545 SHARE OF ESTATE AMOUNT OF ESTATE (Words) ($$$) I. 1 Jack G. Bowers 113 Garfield Avenue West Chester, PA 19380 Son One-quarter of estate residue 168,647.08 2 Jed W. Bowers 609 Shadow Creek Court Norman, OK 73072 Son One-quarter of estate residue 168,647.08 3 Jeri Fitzsimons 734 West Penn Street Carlisle, PA 17013 Daughter One-quarter of estate residue 168,647.08 4 Julie Glavin 2950 Maple Shade Road Ardmore, PA 19003 Daughter One-quarter of estate residue 168,647.08 Total 674,588.32 Enter dollar amounts for distributions shown above on lines 15 through 18, as appropriate, on Rev 1500 cover sheet II. NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS Copyright (c) 2002 form software only The Lackner Group, Inc. TOTAL OF PART 11- ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET 0.00 Form PA-1500 Schedule J (Rev. 6-98) R..,.1512 EX+ (8-98) . SCHEDULE Y.19A Inheritance Tax Paid @ 5% Discount COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF BOWERS, JEANNE L. FILE NUMBER 21-06-0545 ITEM NUMBER DESCRIPTION VALUE AT DATE OF DEATH 1 Register of Will, Agent - Discount payment of Inheritance Tax 23.000.00 TOTAL (Also enter on Line 10, Recapitulation) 23.000.00 (If more space is needed, additional pages of the same size) Copyright ec) 2002 form software only The Lackner Group, Inc, Last Will and Testament OF JEANNE L. BOWERS I, JEANNE L. BOWERS, of the &rough of Carlisle, Cumberland County, Pennsylvania, do make, publish and declare this to be 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 payable by my estate or by any recipient of any property, shall be paid by the Executor out of the residue of my estate, as an expense and cost of administration of my estate. The Executor shall have no duty or obligation to obtain reimbursement for any such tax so paid, even though on proceeds of insurance or other property not passing under this Will. ITEM II: I direct the Executor to pay the expenses of my last illness and funeral expenses from the residue of my estate as an expense and cost of administration of my estate. ITEM III: I may leave a written list in my safe deposit box or elsewhere disposing of certain items of my tangible personal property. The Executor shall dispose of items of my personal property as specified in the written list. Ifno written list is found in my safe deposit box or elsewhere and properly identified by the Executor within thirty (30) days after the probate of my Will, it shall be presumed that there is no other statement or list. Any subsequent discovered list shall be ignored. I Page 1 7-.....~ /-1~ ~'\ '":"1 '_/ give and bequeath my household furniture and furnishings, books, pictures, jewelry, silverware, automobiles, wearing apparel and all other articles of household or personal use or adornment not mentioned in the written list and all policies of insurance thereon to my children then living, to be divided between them as they shaIl agree. Should the beneficiaries be unable to agree, the Executor shall divide this property in as nearly equal portions as the Executor, in the sole discretion of the Executor, deems practical, having due regard to the personal preferences of the beneficiaries. ITEM N: I give the residue of my estate, not disposed of in the preceding portions of this Will, to my children in equal shares. If any of my children is not living at the time of my death, his or her share shall be paid to his or her then living issue, per stirpes. If, however, any issue of a deceased child has not attained the age of thirty (30) years at the time of my death, his or her share shaIl be held IN TRUST by FIRST UNION NATIONAL BANK, or its successors, as Trustee, IN TRUST NEVERTHELESS, and shall be administered and distributed as follows: (a) The Trustee shall pay to or for the benefit of the beneficiary so much of the income and so much of the principal of this Trust as may be necessary, in the sole discretion of the Trustee, after considering all other available resources, as the Trustee considers necessary for the proper support, maintenance, medical care and education of the beneficiazy. (b) Upon the attainment of the age of twenty-one (21) years by the beneficiary, he or she shaIl receive one-third (113) of the principal ofhis or her separate trust. Upon the attainment of the age of twenty-five (25) years by the beneficiazy, he or she shall receive one-third (113) of the then remaining principal of his or her separate trust. Upon the attainment of Page 2 ~.' ........../ / . '~.1 --Z.,; the age of thirty (30) years by the beneficiary, the Trust shall tenninate, and the Trustee shall distribute to the beneficiary all of the remaining assets of his or her separate Trust. (c) If the beneficiary dies before final distribution of the assets of his or her Trust, but is survived by then living issue, the Trustee shall quarterly pay the net income from this Trust to or for the benefit of the beneficiary's issue, per stirpes, living at each time of quarterly distribution. As SOOn as anyone of the benefici81y's issue attains the age of twenty-one (21) years but in no event later than twenty (20) years follOwing the death of the beneficiary, the Trustee sha1I pay OVer all of the assets in the Trust to the then living issue of the beneficiary, per stirpes. Should such beneficiary die before final distribution of this Trust and not be survived by issue, the provisions of Subparagraph (d) shall apply. (d) If, before final distribution of the assets of any Trust established for issue of a deceased child, there is no living beneficiary of that Trust, it shall terminate. The Principal of the Trust sha1I be added to the outright shares or other trusts created under this Will for the benefit of my children or their issue, in the same proportions in which the shares or trusts were origiJ;ally funded. If any Trust created for issue of my deceased children had previously been tenninated, the beneficiaries who receive the principal of that Trust shall collectively be considered a trust for the purpose of this paragraph, and one share shall be paid directly to each beneficiary in the same proportion by which each received the principal of the Trust. If any beneficiary is deceased, the share of the Page 3 : . - ~ j '..... / '.',i,..( ~;,/ , deceased beneficiary shall be paid to his or her then living issue, per stirpes. (e) In the event I am not survived by my children or any issue of my children, or in the event there are no issue of mine surviving upon the termination of any trust, the principal shall be paid in equal shares to my sister.in-law, PATRICIA HEFFNER, my sister-in.law, LOUISE KADEL, and my son.in.law, DAVID A. FITZSIMONS, if they survive me. In the event I am not survived by any of the above-mentioned persons, his or her share of my estate shall be paid to the FIRST EVANGELICAL LUTHERAN CHURCH, Carlisle, Pennsylvania. ITEM V: No Part of the income or principal of any Trust created by this Will 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 Of income or Principal distributed. The Trustee shall pay the net income and the Principal to the beneficiaries specified by me, as their interests may appear, without regard to any attempted anticipation, pledging or assignment, and without regard to any claim or attempted levy, attachment, seizure or other process against the benefiCiary. ITEI\{ VI: The Executor and the Trustee shall each possess the following powers, each of which may be exercised without court approval and in a fiduciary capacity only: (a) To retain any investments I have at my death, including SPecifically those consisting of stock of any bank eVen if I have named that bank as the Executor or Trustee. Page 4 '" . l'.., ,J .# ....... ....:.,. (b) To vary investments, and to invest in bonds, stocks, notes, real estate mortgages or other securities or in other property, real or personal, without being restricted to so-called "legal investments", and without being limited by any statute or rule of law regarding investments by fiduciaries. (c) In order to divide the principal of a Trust or for any other purpose, including final distributions, the Executor and Trustee are authorized to divide and distribute personal property and real property, Partly or wholly in kind, and to allocate specific assets among beneficiaries and Trusts so long as the total market value of each share is not affected by the division, distribution or allocation in kind. The Executor and Trustee are each authorized to make, join in and COllBllnunate partitions of lands, voluntarily or involuntarily, including giving ofmutuaJ deeds, or other obligations, with as wide powers as an individual owner in fee simple. (d) To sell either at public or private sale real and personal property severally or in conjunction with other persons, and to consummate sale(s) by deed(s) or other instrument(s) to the Purchaser(s), conveying a fee simple title. No purchaser shall be obligated to see to the application of the purchase money or to make inquiry into the validity of any sale(s). The Executor and Trustee are authorized to execute, acknowledge and deliver deeds, assignments, options or other writings as necessary or convenient to any of the power conferred upon the Executor and Trustee. Page 5 '. .. . / i .' "'---, , or . ( , , (e) To mortgage real estate, and to make leases of real estate. (D To borrow money from any person, including the Executor or Trustee, to pay indebtedness of mine or of my estate, expenses of administration or inheritance, legacy, estate and other taxes, and to assign and pledge assets of my estate or any Trust established by this Will. (g) To pay all costs, taxes, expenses and charges in connection with the administration of my estate or any Trust established under this Will. If any death taxes are payable with respect to my estate, these taxes shall be paid from the residue of my estate. (h) To make distributions of income and of principal to the p~oper beneficiaries, during the administration of my estate, with or without court order, in such manner and in such amounts as the Executor deems prudent and appropriate. (i) To vote shares of stock which form a part of my estate or any Trust established under this Will, and to exercise all the powers incident to the ownership of stock. 0) To unite with other owners of property similar to property in my estate to carry out plans for the reorganization of any company whose securities form a part of my estate. (k) To disclaim any interest in property which would devolve to me or my estate by whatever means, including but not limited to the Page 6 , /' ~, .~ , /" , .~ t ~ J . following means: as beneficiary under a will, as an appointee under the exercise of a power of appointment, as a person entitled to take by intestacy, as a donee of an inter vivos transfer, and as a donee under a third-party beneficiary contract. (1) To prepare, execute and file tax returns of any type required by applicable law, and to make all tax elections authorized by law. (m) To employ custodians of property, investment or business advisors, accountants and attorneys as the Executor or Trustee deems appropriate, and to compensate these persons from assets of my estate or trust, without affecting the compensation to which the Executor and Trustee are entitled. (n) To divide any Trust created in this Will into two or more separate Trusts so that inclusion ratio for purposes of the generation- skipping transfer tax shall be either zero or one, in order that an election under Section 2652(a)(3) of the Internal Revenue Code may be made with respect to one of the separate Trusts, or for any other reason. (0) To allocate administrative expenses to income or to principal, as the Executor or Trustee deems appropriate. However, no allocation to income shall be made if the effect of the allocation is to cause a reduction in the amount of any estate tax marital deduction or estate tax charitable deduction. Page 7 ] '-..6' '" , .............:. '\ ./ t ( I , (p) To do all other acts in their judgment necessary or desirable for the proper and advantageous management, investment and distribution of the estate and Trusts established under this Will. ITEM VII: The Trustee is authorized to distribute principal and/or income in anyone or more of the following ways if the Trustee, in the sole discretion of the Trustee, considers the beneficiary unable to apply distributions to the beneficiary's own best interests, or if the beneficiary is under a legal disability: (a) Directly to the beneficiary; (b) To the legal guardian or conservator of such beneficiary; (c) To the Trustee, or to another person selected by the Trustee, as custodian under the Pennsylvania Uniform Transfers to Minors Act as to a beneficiary under the age of twenty-one (21) years; (d) To a relative of the beneficiary, to be expended by that relative for the benefit of the beneficiary; or (e) By directly applying distributions for the benefit of the beneficiary . ITEM VIII: Any person who has died within thirty (30) days of my death, or under such circumstances that the order of our deaths cannot be established by proof, shall be deemed to have predeceased me. Any person (other than myselO who has died at the same time as any beneficiary under this Will, or in a common disaster Page 8 l:"';/ /?') ~- ~-~ o!.:'...., / t < - . with that beneficiary, or under such circumstances that the order of deaths cannot be established by proof, shall be deemed to have predeceased that beneficiary. ITEM IX: I make the following provisions with respect to Executors and Trustees: (a) I appoint my son-in-law, DAVID A. FITZSIMONS, to serve as Executor. In the event of his death, inability or refusal to serve, I appoint my son, JACK G. BOWERS, to be the Executor. (b) I appoint FIRST UNION NATIONAL BANK, or its successors, to be the Trustee. Successor. (c) Each Trustee shall have the power to appoint his or her (d) Each appointment of a successor Trustee shall be in writing and shall be filed with the court in the jurisdiction which is the situs of the Trust. The written instrument shall be signed by the person having the power to make the appointment. (e) Each Executor and Trustee shall have the right to receive reasonable compensation for services rendered. (D Each Executor and Trustee is specifically relieved from the duty of filing bond or entering security. Page 9 J ,.I' r J ) -;' -,' /' . , ,I 41 IN WITNESS WHEREOF, I have set my hand and seal to this, my Last Will and Testament, consisting of this and the preceding nine (9) pages, at the end of each page of which I have also set my initials for greater security and better identification this . ~-~ day of '1r "h ,,/ /7..1 ~J , 2002. 'I' 'j ./ -:2 :. : .J; I '(. OJ''?""' .'~ ,>_7,./.. ' . JEANNE L. BOWERS A, .., . ~'" .....- (SEAL) We, the undersigned, hereby certify that the foregoing Will was signed, sealed, published and declared by the above-named Testatrix as and for her Last Will and Testament, in the presence of us, who, at her request and in her presence and in the presence of each other, have hereunto set our hands and seals the day and year first above written, and we certifY that at the time of the execution thereof, the said Testatrix was of sound and disposing mind and memory. -)J '/.1 (\./1 . 'Lv 'lAkL'^-tf-~L->-- (SEAL) Residingat 4s~ &~\\"'"~) \)y-. ~fu(S PI\- II ~ 11 ./' .'J ' , -1()I.~ CI. -1~/.'YrVl.n/ (SEAL) / / I :/ . ....J / (/ '\ /' ' //.-' .., ,.J (l I. ~.,c ,,,4::_, L -, l / / ) " . J.L (l../".A, Residing at . -) 5" '7"\--h41:fr;-';/ de L. ~ / ,/ /1 /J -}/}.., / 11/1 JI(Jf~C :.-/) 1/ {J / '3 c ------- (SEAL) Residing at /l ! . \, to,; L ,\......, L.'\... ,--,,\:,,,,,--- / .' '--i. L ''--Y? \ .~. i c{ /r'f:'x /' .., i~ r :.rI. " / ' /,1e ,.......:-.-- , t" ,. . ACKNOWLEDGMENT COMMONWEALTH OF PENNSYLVANIA ) ) SS: ) . COUNTY OF ..:':('1<<12 /!t''J( 'I, JEANNE L. BOWERS, Testatrix, whose name is signed to the attached or foregoing instrument, having been duly qualified according to law, do hereby acknowledge that 1 signed and executed the instrument as my Last Will and Testament; that 1 signed it willingly; and that 1 signed it as my free and voluntary act for the purposes therein expressed. .j,"}.;","',,7j. ~~-.'t ;~.. ""~"'o("'("~-;'-.:';:::-1 :;',~f' .: .<,' ,;-efEANNE L. BOWERS f .~ ,:'1. / (SEAL) Sworn to an? subscribed before me this ), ~" day of \ J." " ,\.\,.1 , 2002. I , I.~ ! I'] , ---".' r i;' {.'.._:)' I ,'r/.__, 1 ' - " Notary Public My Commission Expires: (SEAL) I rJ': ,1 " I", , ! ~ . ''',,' , AFFIDAVIT COMMONWEALTH OF PENNSYLVANIA ) ) SS: ) COUNTY OF 1)(\ (\ I~ ril,;) We, ,\ \ ~1. I' i IJ \'7\\ \" ( c~ ,J <<Yet c\ -....---. / ') ,\ /,//,..J:"l f ; I -:.",) '/ /) and , , ."'. . n ,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 Testatrix, JEANNE L. BOWERS, sign and execute the instrument as her Last Will and Testament; that Testatrix signed willingly and that she executed said Will as her free and voluntary act for the purposes therein expressed; that each of us in the hearing and sight of the Testatrix signed the Will as Witnesses; and that to the best of our knowledge the Testatrix was at that time eighteen (18) or more years of age, of sound mind and under no constraint or undue influence. lite V1jP~~J. Q.. (/ itness 'I ,1 ,1 . " 7 -7/ J. ' . ' :....tt {I/,( {( './.. %.t?-:n,/. r,? . Witness / " / 1/ ( ('.-. ,;-. C \..... 1.______ Witness / \. " ,/ Sworn to anq subscribed before me this .7': / .' day of )'\n";i. i ,2002. I \1 i., I".;, " . , I / .~ (( ,/ " Notary Public My Commission Expires: (SEAL) :282700 1 .:r ~0e. 5lL>o. 00 ?d 2J.oo . cC> -P- P 1) JJz>o. CJ2J fe;__ , '