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HomeMy WebLinkAbout94-00579 ." " ., .' \ ,:.," .1'. " , ! '1"_ ",I , ; , , , , .',"" ., n " , ('I " ',.1 ';' < " <, i, I' " ,~ 'r"~ '.-) I ;' ,~ : ,ll I., ' I~ i . .. ': " .',' :,'1 I';' '\ ,\ /. <. ,;.:." .', I.;. ,:> ":, ,j " I. ',." 'I "li\"" "~'I, ,"11," .. : 1. ' ! ',', \ ,:'., ':~ I, I , , ,. ,I' '. '..,\" '\"," " . ~ ~ ~, . ", '('. I.'.' ,:' 't ,', /. " ',IF I':}! ", ~ ". )', ':: " [. " .1" ,.' ,,, ',1 : :'l~l':-l' , ~\, J /,;,',,1' ,'" "",' ~,'l tlt/r 'I ( I, ,... , " I '';,1 .,.," ,"" '. ..' ". ',' "\) 'I: " ~ ~ ,'" ,I I'. ). ~ . .. J . .,','"1:,' 'I ':1 'i. ',iI, ','1 ",' '.1:"1 " "'.' '> 'I" ~ ,:., ; \ , E PETITION FOR PROBATE and GRANT OF LETTERS d/-9L/ ~52i Edith M. Schwartz No, _ To: Register of Wills for the __. . Deceased, County of Cumberland In the Social Security No, 187- 26-8 592--_ Commonwealth of Pennsylvania The petition of the undersigned respectfully represeuts that: Your petltloner(s), who Is/arc IS)'ears of age or older anthe executors In the last will of the above decedent, dated ----1anlliU:Y 17 and eodlcll(s) dated Novembe r 30 I 199-"- Estate af also kllown as named , 19J1.L.. (1111te relevant clrclIm!llUnCCs, e.M. rcnulldallon, death of e'(ecutor, etc.) Decendent was domiciled at death In Cumberland County, Pennsylvania, with I> er last family or principal residence at 307 Manchester Road I Lower Allen Township (list mcel, number and ffiundpalllY) Decendent, then 82 years of age, died June 16 _,1994_, at Harrisburq Hospital I HarrisbLU:'iI' PA . Except as follows, deced~nt did not marry, was not divorced and did not have a child born or adopted after execution of the will offered for probate; was not the victim of a killing and was never adjudicated Incompetent: None Decendent at death owned property with estimated values as follows: (If domiciled In Pa,) All personal property (If not domiciled In Pa,) Personal properlY In Pennsylvania (If not domiciled in Pa,) Personal properlY In County Value of real estate In Pennsylvania sltuRted as [ollows: 307 Manchester Road. Low,,~ Daupn n Coun t y . $ 185,000.00 $ $ $ 95,000.00 All.." '1'nw""hip. WHEREFORE, petltloner(s) respectfully request(s) the probate of the last will and eodlcll(s) presented herewith and the grant of lellers tesl:amentarL.. (leSIIHnentari'i admlnlstrBllon c.I.a.; administration d,b.n.c.t.a.) theron. t #;1 !I~~<<,IL- ~~ l' ,c. V l:~ (, 0;:.. ~'o i iii Paul M. Schwartz, Jr. (7/1)713-<l17? 207 Cherokee DrivlL Mech...n i ~~~:~~e\l' PA 170~; .Joan [, 'n 110 (7) 71,,?>-o7~.s 200 Cumberland Road Lemoyne. PA 17043 OATH OF PERSONAL REPRESENTATIVE COMMONWEALTH OF PENNSYLVANIA }' l:lS COUNTY Oil CIIMBERLAND . The petltloner(s) ab:lVe.:mmed swear(s) or afflrm(s) that the statements in the foregoing petition are true and correct 10 the best of the knowledge and belief of petltloner(s) and that as personal represen- tatlve(s) of the above decedent petltloner(s) will weU W t~ulY adminl;ter t e estate c rdlng to law. Sworn 10 or afflrm~ffnd subscribed $ /OIl(JI/. I ~ I /(.. -;I- III before me Ih s ) ~__ day or ~ ~. JU ~.4' ./ " t . 'i LLt:(,lTll" II," -" ~ Rye. LEWIS' RClilsl. ~ II/ .. ,;J;'>c. - (( LAST WILL AND TESTAMENT OF EDITH M. SCHWARTZ I, EDITH M. SCHWARTZ, presently of Cumberland Coun- ty, Commonwealth of Pennsylvania, being of sound mind and disposing memory, realizing the uncertainty of t.his life, do . hereby make, publish and declare this to be my Last Will and I Testament, revoking any and all previous Wills and Codicils, , I :1 and hereby will and dispose of all of the property which I own at my death in the following manner: " :1 I 1. As Executors (herein referred to as "Exeoutor") of this my Will I name and nominate my children, Paul M. Schwartz, Jr. and Joan L. Costello. I II II I I II illness and funeI'al shall be paid by my Executor as soon after I n. I direct that my debts and the expenses of my last my decease as may be convenient. III. I give and bequeath all of my automobiles, household and personal effects and other tangible personalty of like nature, together with insurance thereon, equally to such of my children all Ilurvive me to be divided among them as they may determine, or, should they be unable to agree, as my Executor may decide. 1 I ~. . , I i I I I Manchester Road, Camp Hill, Pennsylvania at its fair market . value as determined by an appraisal conducted by a qualified appra!f1er, member of the American Institute of Real Estate I I Appraisers " II i or any successor organization who is regularly conducting his business as an appraiser in the Harrisburg Metropolitan Area. Said fair market value is to be determined as of the date of my death. My said son shall be required to elect to exercise this right of purchase within a period of ninety (90) days after the date of my death or else said power shall be withdrawn and of no further force and effect. VII. No principal or income payable or to become payable under this Will or under any Trust created by this Will shall be subject tI) anticipation or assignment by any beneficiary thereof or to attachment by or to the interference or control of any creditor of any such beneficiary, or be taken or . reached by any legal or equitable process in satisfaction of any debt or liability of such beneficiary prior to its actual receipt by the beneficiary. VIII. I direct that all estate, inheritance and succession taxes, and interpst and penaltiee thereon, which may be due and payable by reason of my doath with respect to any property " included in my gross estate for tax purposEls, whether or not passing under this Will and any Codicil hereto shall be borne 3 I I I " I " by the prinoipal of my residuary estate passing under this my will. IX. I give to my Exeoutor the following powers, in addi- tion to and not tn limitation of common law and statu'tory powers I i I 'I I i I I I I' I I II !I I I I I I II I II II 'I II I' II A. To retain any property, real or personal whioh Executor may reoeive as Executor, even though suoh property (by reason of its charaoter, amount, propor- tion to the total trust estate or otherwise) would not be considered appropriate for a fiduciary apart from this provision. B. To sell, exohange, give options upon, partition or otherwise dispose of any property which Executor may hold from time to time, at public or private sale or otherwise, for cash or other consideration or on credit, and upon such terms and such considera- tions as Exvcutor shall see fit. C. To invest and reinvest the trust estate from time to time in any property, real or personal, including securities of domestic and foreign corpora- tions and investment trusts, bonds, preferred stocks, common stocks (whether fiduciary or non-fidu- ciary), mortgages, mortgage participations, even though such investment (by reason of its character, amount, proportion to the total trust estate, or otherwise) would not be considered approprLate for a fiduciary apart from this provision. D. In dividing int.o separate trusts or shares or in distributing same, to divide or distribute in cash, in kind or partly in cash and partly in kind, as Executor thinks fit. For purposes of division or distribution, to valus the estate and any part there- of, reasonably and in good faith, and such valuation ahall be conclusive upon all parties. To whatever extent division or distribution is made in kind, my Executor shall, so far as Executor finds practica- ble, allocate to the respective beneficiaries approx- imately proportionate amounts of each kind of securi- ty or other property in the estate. 4 COMMONWEALTH ~F PENNSYLVANIA I ss. COUNTY OF DAU!~HIN I We, _JeIl.ev/l/rl1:ce.,, /~,,/~,'d~ Lki;;:J J ,/' :;,L and ~ltlll,( /),flli(l!t:f the witnesses whose names are , signed to the foregoing instrument, being duly qualified ac- cording to law, do depos13 and say that we were present and saw the Testatrix sign and execute the instrument as her I,ast Will I' and Testamentl that ahe signed willingly and that she executed I it as her free and voluntary aot for the purposes therein expressedl that each of us in the hearing and sight of the Testatrix signod the Will as witnesses I and that to the best of our knowledge the Testatrix was at that t.ime eighteen (IS) or more years of age, of sound mind, and under no constraint or undue influence. -'.~" "~':/'-" -,,-...--...------ " .~,~----- .,_.....-'...~_.....~-~ , ./..- ~.,/ V . / '-- ,J,'t/ 1/-!:.'v t. " II I - \ - ". \, \' I , ~,,; \ \ ~ ..... ,..\ ,- \,' ~._ \ \\\}\('~',.,(.... ')\ -_l(\'\~ \ ' ),C Sworn or affirmed to and !:ubscribed to before me by ,)f.!l!r~:/'A'/:(",;((, . / 1,;1( J!dt"v;{c:" this //(t!' day of -*1//((/1(/ , I , and /\.../) (',11,{ 1))( //((i.{l .' I 1989. (I , tit'll )/U , 1 --.- "f)'iN-"\' ' ~i: N ! E~El~llllJ, ,""!"" jbliO~ Aifrr116ulO, PI\ .,~ll:.I;;:'lill County ML Commllslotl !!;'E!i.:'.:.:.~.~:~, :;o.:,~aU2 " ! 8 CODICIL TO LAST WILL AND TESTAMENT OF EDITH M. SCHWARTZ I, EDITH M. SCHWARTZ I presently of Cumberland Coun- ty, . Commonwealth of Pennsylvania, being of sound mind and disposing memory, realizing the uncertainty of this life, do hereby make, publish and declare this to be my Codicil amenq- ing my Last Will and Testament dated January 17, 1989, as followsl I . I hereby amend paragraph IV of my said Last Will and Testament as fo11owsl I give and bequeath the sum of $25,000.00 to my son, PAUL M. SCHWARTZ, JR., and the sum of $25,000.00 to my daugh- ter, JOAN L. COSTELLO, in consideration of their kind help and assistance in the management of the Cradle 'N 'l'ot Shoppe. I further give and bequeath any interest that I Inay hold in the business Cradle 'N Tot Shoppe, including all related assets, to my son, PAUL M. SCHWARTZ, JR., and my daughter, JOAN L. COSTELLO, in equal shares, share and share alike. II. I hereby delete Paragraph VI of my said Last Will and Testament in its entirety in which I gave my son, PAUL M. ;A:, , .r ',1 '\'.t j ,~ "'..':' ~ :,:.\ \ , -:,' :'f~t . J, I~.J . :'" ',." ,~. ...';":?;, i ' _ '.', ~'l,' /'.' "..',I}:I':'; , 1,,1 '~ II " 1 '.. , ,l ; . , ! J-'-' . .' ,~ ' , , I', . "il :, ! - ;,:} ,I Ii " ", l,', , _(,~\i; " . ,:;', ':~,~!' "'-:;_(';:1'::'-'_: '~'~'l>LI /"./,\;'; "," (.' ,IIi:' ",,':,":,,~,':\- '1.,'!t~'I\"'11"t-t~~~ _ . ,- t:..'..~_- ':-1 _' -, ' "~"'7-"Y11i ,'I .. " , '" "I, '.-',i :' :ill' , \-"', II' , " ';, '" ,> ", 'I t':. 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" ,," 'I ,Ii" ," I'" '(,I. "i,1' , , , ~: ' ) , I\':'~ j'" " '" "I', ': ;""/,1" ,,'11' \' " I, " ",,' I,j'" ,;,,; ;:t)CIl '" \,1 '(,"1 t;,l' jri:<). ~1" H~ (,'" 1'1' :.:'~, \ ') :1,;': , , :,:; ~T "._lP ~',C) ....." 'II; " ,,' " ./; " ,I " ,,' " " 1" " " ,\ ~ I;' ,I , ,..,I': <I'U; '",.' "fl,', :\, ';."i " ',,' ,,' " '~ ,ii"; , , 'I, .' ,I' " " , "I ."',,) '''''' " " I", ....1 \, , ,I', .. '" ,,:!:\ , I "',It ">t. " ',',J I Ii' '~ I I: \' ,"''' ;. ',"' .' HETRICK ZALESKI & PIERCE " PAOFE8810N"L COAPOAATION NOllMAN P. HmllCK CHo\IlI.U 1:. ZAl.nK' JOIUtI K. ""'*" RClfW.o M, LUCAI LIH\III. ''-La _~ H. K_ ALVlH H. IIl.m J_... KAc_ _ J. N.....O LA... A. LAJl'OC ATTORNlva AT L"W 10 SOUTH M""KIT SQUA..I, SUITI 1500 HA....II.U..O, PllINlnVANIA 11l01.aOOI OF COUNIIL RoalllT D. C_, JR, PO" O'I'ICI eox 12015, ,HA.......U..a, P~NN.VLYANIA 1710e-1288 PActUIIIL,1 17' 71131'0" 7 TII.ClIHONI 17' 71138"111 March 7, 1995 PA'Department of Revenue Bureau of Individual Taxes Inheritance Tax Division - EXT Dept. 280601 Harrisburg, PA 17128-0601 JlAND DELIVERY ReI Estate of Edith M. Schwartz File No.1 21-1994-0579 Social Security No.1 187-26-8596 Dear Sir/Madam I This firm represents the Estate of Edith M. Schwartz. The decedent died June 16, 1994. The Pennsylvania Inheritance Tax Return for the estate is due March 16, 1995. ~~ t'" , ,.. \'1' ) t)\ i' ::J: ?O .!" ,~~ '."-' ',',', ;:t 1\ ~1 "" , II/, , ..j' ~~ ('J ~~ :t- Wo ." t:., ',I " ' " \d) o :tJr= )::.;:.). '0 w .. ~ en At the time of the decedent's death, she was the sole proprietor of a business known as the Cradle N' Tot Shoppe which is located in the Codar Cliff Mall, Camp Hill, pennsylvania. We have requested a valuation of the sole propr etorship by the business's accountant, John Perazzelli,. C.P,A. We have advised the accountant of the supplemental information which is required by Revenue to value the business. We have received part of the required material from the accountant, but not all documentation in order to file the return by the filing deadline. A5 legal counsel for the estate, I am formally requesting a grant of an extension of the filing of the pennsylvania Inheritance Tax Return for the Estate of Edith M. Schwartz. It is my understanding that the extension request and grant must be made before the return is due. Please advise me of your decision regarding the grant of extension as soon as possible. We have estimated the net value of the estate to be $358,000.00. All beneficiaries are six (6%) percent beneficiaries. Total tax on the estimated value of the estate would be $21,480.00. Inheritsnce tax \~as paid by the " , " ... ....."'...-..., ....."..-.. "~-L__ --_ __.__'_ _ '_'~_~ ,__~__'_.,_..p ... '_..._ _ _+. -l.-o. ~'..~ .._ , ,-~,,,,._, --.......-- ....-..- --.-.....- -.---..-- ~iJo fJal~~ ,3';''1 PI' , , UNO, AA02291 0 COMMOND:~~~~T~: R~~:~:~LVANIA OFFICIAL RECEIPT' PENNSYLVANIA INHERITANCE AND ESTATE TAX '''\lII61 II '..911 " ", '.~J.I~i ,Wg RECEIVED FROM, & ACN ASSESSMENT I!I CONTROL filii NUMBER AMOUNT CHAMBERLAIN ROBERT 0 JR ESQ 10 S MARKET SQUARE POBOX 126e HARRISBURG PA 1710e 101 .e,ooo.oo ESTATE INFORMATION, m FilE NUMBER U 21-1994-01579 m NAME OF DECEDENT IlASTI ~ SCHWARTZ EDITH M II DATE OF PAYMENT ,. O~ 107 IQ!'I B POSTMARK DATE COUNTY SSN lB7-e6-e1596 IFIRST} 'IMII CUMBERL,AND DATE OF DEATH 01./1 "'/!L4 REMARKS PAUL M. SCHWARTZ, JR. I m TOTAL AMOUNT PAID .e,ooo.oo SG SEAL CHECK" 1039 " ' RECEIVED BY _~.'"I.' , I ._ " SIONA1URE' REGISTER OF WILLS ~~GrB~ERLa~I~J~LB 'i.) " I +: ";, " '/ ,;-i" -,- -- -..,. - - -- -... -- - - _.__,_ _ .__ _,,__ ___ _ _ _ .,. _ _.. __ _... _... __ ._. _. _ _ _ _ ____ _ __, I 'I . '- .-....-. 00'" ........._' .....,_..~ ~,.'t"I'.. \-.', '. .., \ -' .. RENUNCIATION NO. 1994-00579 In Re Estate of EDITH M. SCHWARTZ deceased. To the Resister of Wills of CUMBERLAND County I Pennsylvania. The underslsned JOAN r.. COl'lTRr.rll, CO-RXRClITRIX of the above decedent, hereby renounce(s) the rlshllo administer the eSlate and respectfully ask(s) that Letters TESTAMENTARY be Issued to PAUL M. SCHWARTZ, JR. WITNESS mv hand this 29th day of June 119.2L., ,S~\~O U) -"!..p (/'-1 r( ,,::C !cd,I" 6 0('/ , :11 ') , ....~~ / 1/ 6.C'.ll.tFLe,' c/oJH!.'I, (,j ) ()/a;;' It )1"I/{ o ).1' JI '10:11 '/i. ) ()/L. Z.jL<-/.?) r.ll.t d ~( ('It:.:l . (\v / () '7 I, {/ , rJ-.( (/J"LC ) ,/ '.; 0 (- ')., /7 r' /' -,,'. I ..... r'~ . a;J, '/LI'11 l~..~,j T?< /(//~ (SllntIUle) 200 Cumberland Road Lemoyne, PA 17043 (Addren) (Slln.lure) (Address) - (5~~e) ,("i 1.11 L (Addrm) tl~ ",) '(le I..) )i. ;:\, ,;, :t1 :'"Jr" , " . '.t' . .. l' ., ...- I.. RENUNCIATION NO. 1994-00579 In Re Estate of BDITH M. S!;HWARTZ deceased. To the Register of Wills of CUMBERLAND County, Pennsylvania. I The undersigned. ~JOAN r.. COSTF.r.r.o . CO-F.XF.ClITRTX of tho above decedent, hereby renounce(s) the right to administer the estate and respectfully ask(s) that Letters TESTAMENTARY be Issued to PAUL M. SCHWARTZ, JR. WITNESS my hand this -l2.t.JL day of June ,19~, '~k' ~d"'U'r'-' (Slanalure) 200 Cumberland Road Lemoyne, PA 17043 (Add",,) (Slanllure) (Add,,") (p - ~1f5.1'i? COMMONWEALTH OF PENNSYLVANIA } ..~ COJNTY OF CUM_ERLAND " UI PAUL ~. SCHWARTZ JR. b.lnll duly SWORN Iccordlng to law, dopolOl and say. that h. IS EXECUTOR ,-__ of the Estato of EDITH M. SCHWARTZ lal. of JOIiI!iR...h.!!!-,Iil.!:L!9.\'!~'t~.!UP .____ , Cumberland Counly, Pa., d.c....d and that the within Is an Inv.ntory mad. by P/W.L M. SCHWAliTl.. .J.R " the said EXECUTOR of Ih. .nllre ..tll. of uld deced.nt, consisting of all the p.rsonal prol'drty .nd r..1 ..tat., except r..1 ..tate ouhlde Ihe Commonwulth of P.nnsylvanla, and Ihal the flguru opposlle each Item of the Inv.ntory repr...nlll's fair value .. of the date 01 d.c.d.nt's dealh, -Lo::du.m hiA ) I ~ V1Y)~, d. L6cJiO/lCi NOTARY PUBLIC q'j 19..:fr.-. 7 dL A/till;' . ) .M! ~ 207 CHEROKt!o.Y1UI\Mm nil ot , MECHANICSBURG, FA 17055 SWORN and subscribed b.fore me, Add,o" Oat. of Death 16 Ooy JUNE Month 1994 Yo.. INSTRUCTIONS I, An Invenlory must b. (lied wllhln thr.. monlh. aller Ippolnlment of pellOnll repr...ntetlve. 2. A supplem.nt Inventory must b.llled within thirty d.ys 01 discovery oladdlllonlllll.h, 3. Addltlonalsh..h may b. attlch.d II to ptrlonally or really ~. S.. Artlcl. IV, Flduclarl.. Act 011949. ~ H III Ul ~ l!! N ~ i E-o ~ E-o .. ~ " 0. ~ " z u ~ :0 " ~ w III ~ Q .. j!: U " 0. -' U. Ul ...1 oJ E -' jj 0 .:t: 0. 0 U. ~ W 0 ~ a: . i: > :a: ~ .... Z o Q c III ~ - III Z (l 0 :ll <( E-o 0 .... Z 0. H ...1 ... Q c r.:I " ... "l: 0 " .a "0 " E 0 .. " " ~ if 0 -' U III Jl , Inventory of the real and personal estate of 13 - . . .. EDITH M. SCHWARTZ deceased Cash: 1. . Allstate Insurance Co., refund of automobile insurance. 18 10 2. Cash found in safe deposit box (four $2.00 bills, fifty half 115 30 dol1ars, forty-three silver dollars, forty nickels, one- hundred sixteen quarters I and eighty-three dimes). 3. Mellon Bank Corporation, Income Certificate No. 210-07l511C, 35,000 00 principal balance did. 4. Mellon Bank Corporation, Statement Savins Account No. 00260- 2,104 03 43135, principal balance did. 5. Mellon Bank Corporation, Income:,'AlI~~:inii*;;;j,~'."t260-060049C, 49 80 interest accrued to did. "r:C~1'~~:4~~:~'J.l~I~~;!!-' 6. Mellon Bank Corporation I Income Certificate No. 210-071511C, 71 46 interest accrued to did. 7. Mellon Bank Corporation, Income Certificate No. 260-060049C, 30,649 72 principal balance did. 8. Me110n Bank Corporation I Statement Savings Account No. 00260- 1 98 443135, interest accrued to did. 9 Pennsylvania Blue Shie1d, medical reimbursement. 475 41 10. People Magazine, refund of subscription. 31 50 11. PNC Bank, N.A., Checking Account No. 5140223671, principal 10,048 06 balance did. 12. PNC Bank, N.A., Checking Account No. 5140223671, interest 1 21 accrued to did. 13. The Prudential Insurance Company of America, Life Insurance 3,771 83 Policy Nos. M06-464-192 and M52-090-477, life insurance proceeds payable to estate. l&. Eugene E. Costello and Joan L. Costel10, reimbursements to 764 29 estate for county taxes, assessments, sewer, and trash paid prior to closing. (See continuation schedule) ~ 0-0l{S--I~ /"/-..,),;;>0 ,.( INHERITANCE TAX RETURN RESIDENT DECEDENT (TO BE FILED IN DUPLICATE WITH REGISTER OF WILLS L REV ~ 1500 &1( .(7-11.' , , FOR OATES OF DEATH AFTEA 12131/111 C~tECK HERE IF A SPOUSAL D TISClAIMED FILE NUMBER cOM~r,\'."'h\~~Odnlii'Wb~AN'A HARRISa5~&,~~'~ \21,000' 21-94-0579 VEAR AMOUNT RECEIVED (SEE INSTRUCTIONSI 0,00 Remainder Return (lor dat.. 01 dealh prior to 12-13-82) Federal Eetate Tax Return Required Total Number 01 Safe Deposit Boxee COUNTY CODE DECEDENT'S COMPLETE ADDRESS 307 Manchester Road Camp Hill, PA 17011 D E C B ~ OECf,OENT'9 NAME (LAST, FIRST,AND MIDDLE INITIAl) Schwartz Edith M. SOClkL SECURITY NUMBER 187-26-8596 OAH OF OEATH 06/16/1994 DATE OF BIRTH 06/28/1911 Coullly Cumberland (IF APPI.ICABLEISURVIVINQ SPOUSE'S NAM!:: (LA5T,FIRST AND MIDDLE INITIAL) SOCIAl. SECUHITYNUMBER 2, Supplemental Return 41. FUMe Interoot Compron;.. (lor dates of death aher 12-12-82) Decedent Died Testate 0 7, Decedenl Malfltalned a Uvlng Trust Attaoh co 01 Will) (Attach a copy 01 Trust) All CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: A r X 1, ih 4, K~~ ml, 8 S NAME P. U Robert D. Chamberlain, Jr, ~ ~ TEtEPHONE NUMBER T 717 236-9581 1. Real Estate (Schedule A) 2. Stocks and Bonds (Schedule Bj 3, Closely Held Stock/Partnership Interest (Schedule C) 4. Mo~gagee and Notes Recelvablo (Schedula D) 6, Cssh, Bank Deposhs & Mlsealleneous Personsl Property (Sch, E) e. Jointly Ownod Property (Schedule F) 7. Translers (Schedule G) (Schedule L) I, Tolal Groes Assets (Iotal Unes 1-7) .. Funeral Expenses, Admlnlstrallve Costo, Miscellaneous Expenses (Schedule H) 10. Debts, Mo~gsge Uabllllles, Uens (Schedulo i) 11. Total Deductions (Iolal Unes 9 & 10) 12, Net Value 01 Estate (Une 8 minus Une 11) 13, ChB1l1able and Governmental Boquesl9 (Schedula J) 14. Net Value Sub oct to Tax Une 12 minus Une 13 1S. Spousal Translers (lor dales 01 death aher 6,30-94) See InatrucUons for Applicable Percenlsge on page 2. (Include valuee fiom Schedule K or Schedule M,) 11. Amount 01 Uno 14tIXeble atll"A. rele (Include valuee fiom Schedule K or Schedule M,) 17. Amount 01 Une 14tIXable at 16% rale (Include values fiom Schedule K or Schedule M,) 11, Principal tax due (Add tlli( fiom Une 16, 16 and 17,) 1', Credll9/Sp Poverty Prior Paymenls DIBC\lunt Interest 0,00 + 20 , 000.00 + 79/,.83 0,00 :10. II Une 19 Is grester than Uno 18, enler tha dltterence on Une 20, This Is the OVERPAYMENT, ~ ~ IChaok ht,.1t you art ,.qutlUI1ll a rtlund 01 your ovarpaymtnt.1 21, If Uno 18 10 grealer Ihan Une 19, enler Ihe dltterence on Une 21, This Is the TAX DUE. A. Enter the Interest on the balanco duo on Une 21A, B, Enter the total ot Uno 21 and 21A on Una 21B, This Is the BALANCE DUE, Makt Chtok Pa ablt to: R atar 01 Willa A nt . . BE SURE TO ANSWER All QUESTiONS ON PAGE 2 AND TO RECHECK MATH .. . U'iiai, plnalllll 01 plrjury, I d.clll' thlll hay. ..,mlnld thl, ,.Iur", Including accomplnylng .chldulu Ind Illt.manll, Ind to thl but of mv knowl,dgl and blllal,llll trUI, torrloland campl.'t.' d.ol"lI thll_1l ,..llIt,t. haa b..n "portld IlhuI ma.rk.l vllul. O.cla,.Ilon 01 prep.'" olh., than thl plr.onal "pr...ntlliv," bUld on .lIlnlotmaUon of whlohprtp.,.,hu.nyknowltdgl. Original Return Urr/ted Eetato Os, -1.., ~ C A P + U ! N COMPL.ETE MAILlNQ AODI'1ESS Hetrick, Za1esrti) (& Pierce, p,O, Box 1265 ,. Harrisbur PA 17108 (1) (2) (3) (4) (6) (I) (7) None 125.000,00 None 79,338,55 None None (e) (I) 25,314,00 (10) 4,080.01 (11) (12) (13) (14) (16) 0,00 x . (11) 264 , 944 , 54 x ,06 . T ~ 8 M C ! N (17). o ,00 x ,16 . (II) (1') (:10) (21) (21A) (21B) SIQNA1E OF PEAsaN AESPONSIB / F A FILING TURN ~/I' .. _' O<.;T ::R:prIlO'jANREP. \, "-' ~ ~.. C, Ctl Vllght 11l11"~ 101m .oltw.,. only CPSyll.ml,lno~ . 207 Cherokee Drive Miichaiiicsb-ur - -" "PA""'i 7(;55" ""_..""." ---""""" - -... Hetrick Zaleski & Pierce, P,C, p-:O: - jio~' i"26 5-; "iliiiilsDurg"; "PA--l'fiM:'Y2ii!s- " NUMeER P,C:il 294,338.55 29,394,01 264,944,54 None 264,944,54 0.00 15,896.67 0,00 15,896.67 20,794,83 4,898,16 0.00 0,00 0.00 DATE l/ (~' j;f-- DATE 'i 1(. '/ FOlm 1600 (R.v. 7-8_1 Eat.te of: . Edith M. Sohwartz SS~ 187.26.8596 06/16/1994 'CONTINUATION SCHEDULE Continuation of Sohedule E ITEM ~ DESCRIPTION VALUE AT DATE OF DEATH medioal reimbursement. 10 People Magazine, refund of 31,50 subsoription, '11 Household good, furnishings, 500.00 and miscellaneous personal property, 12 PNC Bank, N.A., Checking 1.21 Aooount No, 5140223671, interest accrued to did. . 13 PNC Bank, N,A., Checking 10,048.06 Account No. 5140223671, principal balance did. 14 Eugene E, Costello and Joan 264.29 L. Costello, reimbursements to estate for county taxes, assessments, Hewer, and " trash paid prior to closing. 15 TV Guide, refund of 7.69 subscription, ',<, .............. , 10,~52.75 'iI., , ' " " ,', ,.,,' , " 'nlY - lilt IX . f/-ll' , , Edith !l, ITEM NUM8!fl A. COM~\l\l~~W,iilbYANIA SCHEDULE H FUNERAL EXPENSES, ADMINISTRATIVE COSTS AND MISCELLANEOUS EXPENSES Schwartz SStI 187-26.8596 06/16/1994 DESCRIPTION 1 FUMraII!xpenlu: !lyers-HBrnor Funeral Homo Inc., funeral services. .. AdmlnlalnllY. CoI": 1. PeIIonll Reprlllnt.tIv. Commllllona Soclll Secur11y Numblr 01 PlI1lOnll R.pr88lnt.lIVe: 161-34.0067 Ve., Commlealons plld None taken 2. AnonleY Fees 3, F.mlly Exempllon Clllmenl None Relltlonshlp Addr_ 01 CIIll11lnt II decedent's death Streel Addr8fl8 City Sl.,s Zip Code 4, Probete FIlS c, MI~lIn"u. EIIpIn...: 1 Allstate Insurance Co. I automobi1s insurance, 2 Allstate Insurancs Co, , automobile insurance, 3 Allstate lnsurance Co, , automobile insurance. 4 Bell Atlantic Corporation, te1ephune bill (3/6/95), 5 Bell Atlantic Corporation, telephone bill (1/23/95), (see continuation schedulo attached) Total of Continuation Schedule s TOTAL (Aleo snter on line 9, Reo ItuI.Uon (II more ,,0." nlOdlld, '"Nrt lIClcItlon.'.h.... of Nine Ill.,) COPyt'lgh1loI1tf.. farm loft.a" Gtlly CP8y'llml, InCl. Pleue PIlnt or FILE NUMIl!R 21-94-0579 AMOUNT 4,962,00 0.00 12,700.00 0.00 333.50 42.50 39.50 83.20 24.24 24.24 7 104,82 a 25 314.00 Porm 11OO8chldur, H(PI.v. 7....' "" ,\ . Eatate of: . Edith H. Sohwartz SSII 187.26.8596 06/16/1994 CONTINUATION SCHEDULE Continuation of Schedule H.C ITEM '# DESCRIPTION AMOUNT 6 Bell At1antio Corporation,. 23.18 telephone bill (1/3/95). 7 Bell Atlantic Corporation, 72.95 telephone bill (11/13/94). 8 Bell Atlantic Corpolation, 39.80 telephone bill (5/26/95). 9 Bell Atlantic Corporation, 51. 80 telephone bill (4/19/95). 10 Bell Atlantic Corporation, 45.88 telephone bill (6/28/95). 11 Bowers Pest Control, termite 980.50 extermination to prepare house for sale. 12 Bell of Pennsylvania, 22.82 telephone bill (8/29/94). 13 Cumberland Law Journal, 45.00 legal advertisement. ' ' 14 Joan Costello, reimbursement 30.00 for plumbing repairs. 15 Carlisle Sentinel, legal 99.70 advertisement. 16 Foxx Pools, pool service 293.44 oontract (4/22/95), " 17 Foxx Pools, pool service 409.44 contract (7/1/94), 18 Foxx Pools, pool servioe 225.00 contract (6/9/95), 19 Hetrick, Zaleski & Pierce, 200.00 P. C" remaining misoellaneous cost advances (estimated) . Estate of: Edith H. Schwartz SS~ 187.26.8596 06/16/1994 CONTINUATION SCHEDULE Continuation of Schedule H-C ITEM . DESCRIPTION /I AMOUNT 33 Pennsylvania American Water 9.14 Co., water bill (1/30/95), 34 Pennsylvania American Water 41. 37 Co., watar bill (10/7/94), 35 Pennsylvania American Water 45.06 Co., water bill (5/26/95), 36 John Perazzel1i, C,P,A" fae 950,00 for accounting servicea to estate, \, 37 PNC Bank, N,A., Checking 21.00 Account No, 5140223671, check printing charge, 38 Pennsylvania Power. & Light, 64.01 electric bill (10/3/94). 39 Pennsylvania Power & Light, , 116 .14 electrl.c bill (10/31/94). 40 Pennsylvania Power & Light, 33.98 electric bill (11/13/94), 41 Pennsylvania Power & Light, 31. 01 . electric bill (1/23/95), 42 Pennsylvania Power & Light, 26.17 electric bill (4/29/95), 43 Pennsylvania Power & Light, 34,28 electric bill (1/3/95), 44 Pennsylvania Power & Light, 67,71 electric bill (5/31/91), 45 Pennsylvania Power & Light, 29,19 e1etric bill (3/6/95), 46 Pennsylvania Power & Light, 108.87 electric bill (6/28/95), Estate of: Edith H, Schwartz SS~ 187.26.8596 06/16/1994 CONTINUATION SCHEDULE Continuation of Schedule H.C ITEM # DESCRIPTION AMOUNT 47 Pennsy1vanie Power & Light, 86,66 electric bill (7/28/95), 48 House and lot, 307 903.00 Manchester Road, Lower Allen Township, Cumberland County, PA, sett1emenb chartee (notary fee and transfer tax) . 49 Paul Schwartz, reimbursement 42,00 for lawn care service, 50 UOI Corporation, gas bill 67,20 (8/1/94) , 51 UOI Corporetion, gas bill 8.13. (4/19/95), 52 UOI Corporation, glls bill 70.36 (6/9/95) , 53 UOI Corporation, gas bill 3" .43 (6/28/95), , ' 54 UOI Corporation, gas bill 77,20 (5/16/95). 55 UOI Corporation, gas bill. 89,33 (11/21/94), 56 UOI Corporation, gas bill 117,34 (1/3/95), 57 UOI Corporation, gas bill 80,77 (11/12/94), 58 UOI CorporatIon, gas bill 72.18 (10/3/94), 59 UOI Corporation, gas bill 112.04 . (1/23/95), 60 West American Insurance Co" 262,00 Eatate of: ITEM ~ '. ,r:, 'I " 'd Edith H, Schwartz DESCRIPTION SSIi 187..26.8596 06/16/1994 CONTINUATION SCHEDULE Continuation of Schedule H-C homeowner'a inaurance, " ,I I , , , " , " I, , , " " ," ,i, ,. 'I , " \., 'I' " ;.\ " " " , " I I' " " , ,',I " " " i , , " " " " " , " " II', , I,' " , " , , " "I ..' , " , \' : " " " " " ", ,'," " " ,.:1" " .' "j' ,I' I" " " " AMOUNT ...... .,....-.. 7,104,.82 , ,." I, " '" , , , , , 'I !: i' , 'I' , " " , " I' I' " ".j. , ,j'l " " ",' " " ), " ",I Ie" " " II I I :1 yf '{l. IV. 1 give and bequeath the sum of Twenty-five Thousand Dollars ($25,000.00) to my son, Paul M. Schwartz, Jr., and the sum of Twent~-five Thou~and Dollars ($25,000.00) to my daugh- ter, Joan L. Costello, in consideration of their kind help and assistance in the management of the Cradle'N Tot Shoppe. V. I bequeath and devise all the rest, residue and remainder of my estate, real and personal and mixed, including any property over which I may have any power of appointment in three equal shares, one such share unto my son, Paul M. Sohwartz, Jr. or his issue if he has predeceased me; one such share unto my daughter, Joan L. Costello, or her issue if she has predeceased mel and one such share to be divided equally ('In) 2? among my three grandchildren, Scott Douglas Brydon, Eric Stew- '}r: art Brydon I and Christopher~~lan Brydon, or their respective issue if any of them has predeceased me; provided, however, if any of my said grandchildren shall predecease me leaving no issue to survive him, the share of such deceased grandchild shall remain a part of my residuary estate and distributed to the remaining residuary legatees in t.he same proportions as set forth in this paragraph. VI. It is my express wish, intention and direction to my Executors, however, t.hat my son Paul M. Schliartz, Jr. shall have the right and opportunity to purchase my home at 307 2 . . I: I I " Manchester Road, Camp Hill, Pennsylvania at its fair market value as determined by an appraisal conducted by a qualified appraiser, member of the American Institute of Real Estate Appraisers or any successor organization who is regularly conducting his business as an appraiser in the Harri,sburg Mett'opoli tan Area. Said fair market value is to be determined as of the d~te of my death. My said son shall be required to elect to exercise this right of purchase within a period of ninety (90) days after the date of my ~eath or else said power shall he withdrawn and of no further force and effect. VII. ,No principal or income payable or to become payable under this Will or under any Trust created by this Will shall be subject to anticipation or assignment by any beneficiary thereof or to attachment by or to the interference or control of any creditor of any such beneficiary, or be taken or reached by any legal or equitable process in satisfaction of any debt or liability of such beneficiary prior to its actual receipt by the beneficiary. VIII. I direct that all estate, inheritance and succeAsion taxes, and interest and penal ties thereon, which llIay be due and payable by reason of my death with respect to any property included in my gross estate for tax purponeA, whether or not passing under this Will and any Codicil hereto shall he borne 3 ,UV'~IJU.II.'nl ~6~ COMMONW,AUH 0' PlNNSYLVAWA D!....1I1M'Hf 0' I!V!NUI INNllnANe. 'All DIVISION 01". JlOIIOI """"U","~~__ Plea.e Print or Tvpe MUST 8e COMPLETED 8Y REPReSeNTATiVe Of fiNANCIAl. INSTITUTION WHERE SAfE DEPOSIT 80X IS LOCATED AND RETURNeD TO ABove ADDRess COUNTY CODE 'Ill NUMBER --USOCIAL SECURITY OR DEATH CERTIPlCATI NUMBER -1__ 1~7' 7-(,~ ~)9b o NT S NAM IIAS1, f1RII, MIDDLlI -----;r -- IJiiATE O'_DEATH SdvJo.rt~ ~JI' r-~ tY\ ~ (2' J,6 - crt( ADDUSS 0' DECEDENT (1IRm} l I LJ . AllY) I ' olIIAH) (liP CODE I 307 fr1el(\(~e..5fer u:-oa.o\ Ul",,/) )-,Il rlt }7otl NAME AND ADDRESS 0' PIRSON REQUESTING THE OPENING 0' THE SAfE DEPOSIT BOX I INAM!) + C I iY1Clr6a.rr f\f.\fMtll'\ 11m!! ADDR!II).L )CIlY) /J ItJ 3 ;V\o:-ktT S~....().re.. __ f b C- q),4 NAME, ADDRESS AND RELATIONSHIP (IP ANY) TO DECEDENT, 0' PERSONls) PRESlNT A~E BOX O'ENING a, INAMEI () I C' I f _ ,(ReIATlONIHIPI -~-M- _'('l1lJIU Z. .j.. ~iJ - E><~c_ IllRm ADDRESS) ,,~CIIY) I _ 2.07 CAf'rokf'e rl',)~ fYlecM",'dl)",(~. ~. (NAM!I r Ie, II 1\. IRElATlONIHIPI G ...J e>a(\ L- o..s e tJ ~v.,~^te,- - f)<.("( (11Rm ADDR!II) 1Ei'IY) At(.> (',.'",^~r'r}a".J Ro()..d. ~'IV\Q;lr1e c, (NAMEI + (J t!RElAIIO~I)lIP) I . /II1M He I\dlF-~A'" f[~.r", - UJe< iSiRiEfAiiDR!l1 :#: 7 ICilY) c"t' NAME AND ADDRESS 0' PlNANCIAL INSTITUTION WHERE THE sAPI DEPOSIT BOX IS lOCATED INAM!) P N ( IllRm AD DREIS) I (L (e oI.ar C " 11 ;Y\ei/! NAME ~ PERSON MAKING LAST ENTRY J . . 1-0...../ SeA ....4,- JZ- DATE 0' CONTRACT TO RENT BOX NUMBER 0' BOX i-I "I - 7!- NAME AND ADDRESS 0' PERsONls) HAVING ACCISS TO BOX a, INAM~....) rt~ _S~^wa.rrL 111Rm ADDR!SI) 1.1- A ..$, c e - g I, (CIIYI SAFE DEPOSIT BOX INVENTORY (1IAI!) 111/ COD!) 1710 (11AIlI PIf, IllP CODE) 17c,S' $- (1IAI!) ,0,4 (liP CODE) I.:ML IIIAHI IllP CODE I (1IAI!) PII OAT AND TIME 0' LAST ENTRY JI-'t.J'93 TITLE UNDER WHICH BOX 15 REGISTERED u,-I/, /VI d ~(f 11,'/ I (liP CODE) I 7e> I 1 ?.' ~-O b,INAMEI (11AEEI ADDRESS) IIIAIE) (11/ CODEIICIlY) IllAlE) (liP CODE) NAMIANb TITLE OP EM'LOYE TAKING THE INVINTORY {:{ l'~r\ lid {;e 4'rY\ , {CCC fr- WAS A WilL IN THE BOX? rwES 1.lK6- If V", a, Dal. af willi ___.uu,__________ b. Nam. and add,... of penonal "p,...nlatlv" If named In the will (NAME I I!lAHl ADDRml (CllYI (SIAl1) IllP CODE) c. Nam. and addr...-;;-Qtto;~y,-lf anv INAMEI I~'AH' AOORU$1 .Ii.liil---.--.--~u (!TAlII IllP CODEI Page__-'_ 01 ..1::._ SAFE DEPOSIT BOX INVENTORY INSTRUCTIONS -------- . ------ (1) Ca.hl Reporl 10101 only, (21 Stoek'l LI.t In dolall every common or prelorrod cerllllcate, warrant or olhor righh found In bOK, Stack. are 10 be do.lgnated by namo 01 company, curtiflcolo numbor, dale 01 cerllllcato, nomoln which slack I. rogl.tered, and number of ,haro. and ciall ol.lack, (3) Obligation. 01 U, S. Governm.ntl Numbor a' Item., dolo ollllue, 'aco yaluo, namo.ln which regl.lered and type 01 ownership, 1.0" joinlly hold, payablo on death, olc, (4) Bond'l De.lgnol. by name, arnounl, .orial numbor, or a,hor doslgnalian, IBuarer Bondsl (51 Bank and Saving. and L\)an POllbook. I Slulo namo of dopo.llor, numbor of book, 10.1 dato app.arlng In book, name of bank and branch, and balanco, (6) Jew.lrYI Coin., Stamp., ManulCllpta, .tCI Lisl and descrlbo a. fully as pOlllble, (7) Deeds, Mortgages, Current In.urance I'ollclos or other evld.nces ollnd.bt.dnelll L1.t and doscrlbo a. fully a. pOlllblo, (B) All other cont.nts. ITIM NO. ITEM DESCRIPTION _tl-;I2,cJo j}~~~ - (65,'-- (~fl..Pt11 _ L l:fe ];.C;~..!L.I[(L- -oJ;.Cf-~_M_S-Z_ I? () If 77 TSS/A,~L ..B~.Ll.t.illL~'1__Uj-lt---Jl:\---i'< J..11&l.itk._Jic. (. VAl... 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At'PIlOPR1A.ft ao( 0" f"(' I) !1,tr:'lIcutnrl1fh, I IAdmlllll;llJ!mllrul (/, I Iflhll11 Rlll,llltlllllllllYlI I I Jomt flwnfll l~llnlo ~l'flenil heu NOTEl AIlach additional 8'h" x 11" .heet (s)1I n"..uary or u.. dupllcotes of this page o. 'arm. ~ I> ~ lit Q)o Zae oS! E!Z ~U1 u> ~! ~ ~w -! ,.:> IIlZ Zw N Z~_>: i~~5l- ooi~ " ~!Z~g ~w:> Coo ~ III ZO; = ~l!j ~ o u I : ! I z ~ ~ -i-- \ . ~ ~ -...;:' II '" ~ , .... , , ~! ~ ~ -, ~ ~ CJ'- v, 0<> , I , ~ w...~ M .., \'J ~O!a I l'l , , ..... f"-- tv) ..... (l- I .... \() ~ \C ')- .... z ~ \'. CV) c z '-l\ <:l I ~ ~ 't '(l ..... r e M ['l ~ . ~ - . " ~ -+: ~ I:l - , I , 0 u 0 ( \j I - . ~ - - i .J & I:) r, I:> <r...: I:> C> ":1- 0 <;) i 'l> ~~ () M ...... \ , OH IIIE' AAOIK 01 RAO', CREI,a OR COLOR 1lI1lCII IT lij EMPOlijULY IIITEIIOEO .tlAI.L 'lOT BE IMPOIl[O OR Of.IMrOKEO IIEAEOY, , 1 TOOWIEII WITlI OLI. AlHl UIIIIIII,AR Tllr TEflWL"TlI, IIr.REAII^,Ir.III' AlIII API'IIRTiIlAlICE. TO Tllr. t t ' UAlIr: 1l[L~'mlfmt on 1'1 .,tlYWlut ~IlPtRT^ItIHIO, ,1.'10 Tflr. nrVEllUlml on nrvrnulntHl, 1l[IlAI~OCll NIOI REII^"IOE~u, AEHlij, 'H.IIEU AHII PROIITU I'IER[OII "10 AL.O, At.L TlI[ [.,AII, RICoIII, II!I.[, I IIIIEREIII, PROP[RIY, CI.AIII AliA OEllMlO "'ATIIOEV[H, OOTlI III LAW A'lO [OIlIIY, Of Tllr. IIAIO PARTltij I I' I I OJ IIIE f'IRUT PART. Of', III, 10 OR 01,11 Of' TlI[ 'AIII PREIII.Lu, AIIO EVEAY PAAI AlIO PARCEl. TllEAE I, TO HAlJl: AlIO TCl HOLD !IIE UAIO PRrMIUf.tJ, '/lTIl ALL MID U INa~An nu: APPlIHTE"ANCr.tI, UNTO TIlE UA 10 PARTY 01 .11: Ur,QOtlo PARI, III U liE I R. AtlO AUU 101lU, TO AHO fOil TIlE OHI. Y PROPER IIUE AND 1\~~IOOr or(n,IE lJAIO rAIllY or TIlE Uf.CONO PMT"ttlU uqlltl APIO AIHIIGtlu fom:vtA. AHO TilE WO PAP-TlEU Of TIlE IIR., PARI, 101lIllEltJELVEu~ TIIEIII tlElIlIJ, EMECIIIOR' AHO AO""l1UIRATORij, 00 OY TlIEUE PREUEHlij, COVEH"", CoRAHT AlIO AOREr. TO AIm WITII Tllr. 'AIO PARTY 01 IIIE uEOOHO PART. III. IIEIRij All> Aij8101lU" 111AlI11EY, YIIE KAIO !'ARTlEU 01 TIlE flHUI PAIlT t I " L 1 AHO IIIEIR IIEIAij, AI.I, Mil .IIMlliLAR THE IIEIILOIlAl€HI. AHO PREllIUEij tlEOttHAOOVr. 6E.ORIOEO AHO ORAlIIEO OR l€RTIOHEO MIJ IHIII.IIEO ijO TO or., WITlI TIlE APPIIRIEllAtlOEU, "'"0 IlIr UAIO PAATY 01 TIlE ijEOONO PART, Ill. tiE I RK All> b"I,IIU: AOI,IH,I TIlE 'A 10 PAATI Eij Of TIll II R.T PAAT, AHO TllE'H IIEIRu ARO AOAIHUT ALL All> tVEIIY OTIIEH PEllij1ll1 OA PEAijl"U WIIOI~OEVEII LAWf'IILLY CLAIMIHOI OR TO CLAIM TIlE UAlf: (tll MIY PAAI IIIEIIEOI, UtlAU, AHO WILL IIY TIEUE PREuEHllI, WAAAANT A'll I rORr. VER O[f[t.O, ,I ' , I 'N WITNtllti .IIEIIEOf f TtlEI tUdD PAATlttJ or THE f'l RJT PAIIT tlAvE IIER[tJNTD lItT TtltlJl tlmou ' AHA .EALU. TtlE OAY Mil YEAR flllUI AOOVE WRIIIEH, U 1(,tlEO. UEALEO AHO OELlVEREO' 1 HIllE PAEijEHCE Of' PAIII. A. E I CtlELOEROER AIIUuELL f, E ICIIELOr.1I0EII !'AIILIHE E, E ICtlELOEROER (UEAl) (UEAl) UIAIE 01 ~HN~YLVANIA : UI COIIITY 01 CIlM1lERLA'(l I PAlll M. UCNWARTz ET UM COtm. 116 ,~OO.OO. lOC, lowEA ALLEH TWP, OATr.O APffll ai, I~l EHIIl, APRil at, ;~l T 114: l,aH PM , I ON TIll", IIIE 20TII DAY Of' APRil, t9\l, DEfORE If: "'LDAEO 1l00PY UlOIIE TI'E IlIlOEAUIONlO Off ItoEA, ptAijONAlLY AP~AREO AIlUUEll I, [ICtI~LI1EI1Q'rR AlIO PAIlLIN!. E, EICIlElOr.ROER, Il'tu NIl' , HIIOWII TO If: (O'A U\IIUfA"'ORII,Y PIIOVEII) TO DE IIIE PEIIUOII" WIIOUE NAII[U AilE UUHUCRIOEO TO III I WIf.IIN INUTAUlEHT, .ANO AOHHOWLEOOlO IIIAI IHEY [MECIlTEO I1AI( fOA TIlE PIIIIPOUEU TlI[REIH CONT~INED, '" "'... .,,'"',,, '"'"'~ '"::::~::~'::~:'.. , , NOIAIIY PIlOllC MY ItHJlllH E~11IREb '-IAllftl! )11, t9H I CERTIfiCATE Of' REUIOEIIOE I I 110 HEREBY CEIITlfY TlIAI TilE PRECIUE IIEUlOEIICE Of IIlE "TlIIN ,/A/,4EO OA,VIIEE 1u Hili H', I 1 i I I, I Ttlltl INO[NTIlflC. I MADE TIlE at"' OAY Of' APRIL IN TilE YEAA Of Ollh I LORD ONE 1II0llUANO IIll1t III1HOREO AHIlIIITY- IIREE I UNllrD SIIIC\ ItB,U NJ'tl oETlEER II, p, 'lIIltIE"AII, ItICORI'OAATEO, INICRNAlftlVlliur ~~al/ll COOPOR'TIOII OllOAHI1EO '"0 EMI>TltlO IIHaDR TilE o CUMftmRI LAWti Of PEtlt/tiYLY"NI", HAViNG IT~ PLAct Of' I InuulHEtltJ IN T/l[ TOfl"'Mllr or LowErf ALUN, OOIJ.lTY or CIIM6EIlL^HO AND UTM[ or IfIl)IIltIYl.VAtllA, PAIITY or TIlr. r IRUT IpAAI, AIIO ......I~;ljL..U.., .;ci;I.^i'I-'..M.lli.,~o."1 '.'"1"", I . !JOIWARTl. Illu Win, 01" nu: u.wc 1'l.Acr, "AIlTIEu or THr. Ur,l;fltlD ijlREET, HAIlHIUOIIAO, PA, API/ll at, 1m t r. J, TUtl'LtTON PER. A HOIIIIEY lOR ORAlIlEE, J, fl. It. !JL tlO, ?611~ OEEO , , H, 11. NIN"EIMN, TO IHCORPOR,'EO I PENNA 1161,00 I e!L__ ~ IWill AM Of 'III' I1r.CORO PAAT I IITNE55ETH, IIIAI IHE SAID PIRIY or TtlE rlR51 PARI rOR INO IN COH510ERATlON or IHE ,5UUE or ('16, '00,(0) S I XT[!N II10U5ANO rt yr HUNDRED DOLLARS LAWfUL WNEY or !lIE UN I TED :5TATE5 or N.!ERICA, IINTO II IItLL ANO TRIILI' PAlO IIY !lIE 51111 PARTIES or iNE .ECONO PARI i"T AND OErDRe TIlE tlEAlltlO NIP OrLlVERY or wear: "R~U[fITU. TltE: R~C[IPT ..1[RCOr IS Il[AE8V jACIOIOW\.EOQEO, HAS OH~TED, 8.4.OO.4.IIIEO, HOLD, AliENED. U~r[OrrEO, REL[ASEO AND CONfiRMED, lAND f\'f THEHE P/U,U[NTU ootu GAANT, BARCiAIN, tlCI.l., ALIEN, [NrEOrr, RELEASE AND CONfIR..! UNTO, THr. 0,.,,0 PARTICU or nlE Ur.CONU PART, TtIEIR !'Elna AND A!UIIClNU, I Al.L mAl CERIAIN LOI or LAND .ITUATE IN TilE TO...5NIP or LOwtrLLEN, COIINTY or C\I"5E~ l.NIlI MID HTAT[ or pnl~j!lYLVANIA, UOIWOEO ANO orUCRIDEU AU rOLl.OWUI DtQUmltlO AT A POINT otl TIlE IWIITHERLV LitlE or UANCflrtlTER ROAD AT ni[ [AtlTERLV L11\C (f' ;LAIIDS NO. OR LATE Or WlLLlA" 'I, WIIIH, "10 POI'll nw/o ONE NUlIDRED EIOHIy-rIVE (U') IrtEI "EA'UNED EAUTWARDLY ALOHO LlAI/WESIER ROAD rROII THE 'OIIlHEASI CORIIER or UANCIIESIER lAND SELWlCH ROADS, IIIE~CE ALOII(, .,,~ LIJIOb 01 SLII!lI 'OUTHWARDLY ONE IIUNORED flyE (lOll HEI TO A POINI 011 mE NORlllERLI LINE or LOI NO, 6, nLOCH 'R' ON TilE IIEREINArTER UENTIONID 'PLIJI or LDTUI INENCE ALDNn mE LATTER LOI AIIO NO, 26, BLOC~ 'R' [A'IWAROLY ONE HUNDRED ONE AND TwENrY-51X ONE-IfUNDNEOIIIS (101,26) rEET Tn A, POINI AI CORNER,or LOI ND, 9, BLDCH 'R' THENCE ALONC !lIE LATTEN LOI 1I0IlTII.ARDLY ONE HUNDRED rlYE (101) rEET TO Tit: SOlllNERLY LINE or MIJICNE5TER RDAD TIIENCE 'LONt. MIJICNE'TEII ROAlJ WE'TWAHOLY ONE NURDRED DNE AIID IT.LNTY-SIX OllE~IIINOHEOTlIS (IDI,26) rEET TO TIlE PLACE or BEOII.tlINO, . BEHIO LOT liD, B, BLOCH 'R' ON TIlE PLAN Of LOTS or A PORTIDN or IIIONLAND PAR!( BEIRO IRECDRDEn IN CIII/IJERLA~D COIINTY RECORDER'S OffiCE IN PLIJI BOOH I, PABt 20. 'Nn TilE EASTERLY 'PORTION or LOT pm. ~. OLOCK 'R' ON THt PLAN or LOfu or A PORT lOt! or HIGttlANO "AliI( REINO I IRECOIIDED IR PL'" UOOK 0, PAnE 90, I IIAVIIIO IIIEREOll ERtCTEO A .ltICLE OWELLlNt. HOIISE NO, I ~ 'AID LOI tW, 0, nLOCH 'R' ilEUm A PORTIDN or TIlE PREMiSES 1'.IICIl EL~IER E, ZII.t.lERMAN III tED DATED AIl0UtlT )1, 19S1 "PlO f1tcortoftl IPI Otto (jOOl( 'V", VOL. 14, PAC\[ a9, GRANTED AND ONVEYEO uuro 'I, p. "'''/NUIA.I, HICORPORATtO AND tlAIU POkTION or LOT NO, ~, RlOCK 'RII ACING t I'9RTION or ltir Pl/fLltSE. ,"ID' WIER r, 1IL0IEIWN !lY ono DATED 5[f'TElII/EII 6, 19lU '~D, IRccar/oED Itl otto nOOI( 'Nil, VOL, 14, PAQE !ft., (jRAUT[O ANO CONVEYEO Imro N. P, NINNEI.lAN, IIICORPORATEn, , I TOO[1U[R VlITl~ ALL AIm t.lIlGIJLAn TIlE: WAY!), WAT(Rli. WATCn.coukutu, RIOHU, LIDERTIF.ti, PIlIVILEOE!;\, HE:REOITM1r..lilj ANO APPUATE.flMlr,Eu v,t.iATUOEV(R TtlERrt!tnO 1lf.1.0NOING, OH HI "NY r~ ILc APl1r.RTAUWIrt, AlI[I THC Rr.VLn~IOmj .UIO nn,IA'HlDEfll;\, RErlTt~t IHUUr~ AND PRor ITU TtiCllrOf'1 Nn ALL THC r~TATE I RI{',HT, T I TLi:, ItlTEflEIH, PROPERTY, CLAU! AWl OWANO ., ATuOEvcn, or 'ARTY or nit rlRtI' PAIIT HI U,W, EQUITV, 011 OTIIEHWltH: HOWtiOtVtll, or, IN, "'tJo TO Tilt UpJ,I( rlllo EYE'lY PAlII TIIENtur. TO HAV[ MICI Tn HOLD TilE tlt.IO IItRCIN OEtiCRIBCO HERE[JITMIEflTtt AND PRUlIH[ti tltREDY hRMlTto OR ~(IHIOtI[D Mill INTEIJOEO so TO OE, rllTH nit A1IPURTtNAlICEH, UNTO Tilt HAlf! PARTIEti br 'Ht: LitCMHlI'AIlT, THCIIl Ht'lllh AND AtiUlCltW, TO NHJ rOR nl[ 'om,v PltOptR UtiE AtIO O[HOar or ~IIC lJ"ID PArlllEtI ('Ir TIlt utcoun flAnT, 1H[II1.'Clllb MID Alialmw rOlleVER. I MID Tft! UI"O "AIlTV Of Tltl rtllb' PART OOetl OV Tllftil: PHEuUlTtl, CO\'EUAN', on m AlIO IAr'R[[, TO AIlO ~t'TH Tltl bAit) PAHTIE!;! or wr UrCO"(1 PART I TIl[11I ~Iflnti AND AUI.dC,flh, THAT IT' , 11h( lJAW flAnTY or TIlt f1RtlY I'ART AU. Mill SIIIWLAlI THE tll.RLOITM(~Htl Atla PREI.lltiEU ttER( IN ~UOV[ OtbCRlltfO NI[J r,ltMI n:o, 011 a,nlTlom:o Allt! IUTn/OEO bO 10 lit, WITtI TIll AflPIJHf(IlA'lCfb, ,!HIlO Ttlt tMI[) rAIlYI!'" or Ttl': liCeatln 1',\1IT, TUelll HflllU A/llJ A~bH,"b, ACAIII..., IT we ~AIO .PAkTY or nit rlll~Y "",11 'MlO A(,AItWT AU. ~,Ij[J evERV J1EQUO'j 011 PEfHWtlU WiOJltiOEV[fI LAWrtILl.Y CI.Allllfl(, Oil TO Ct AlII TIlE U/\I..( 011 AllY PART TlIERtor, UlIAI.L AlI(1 WILL YlAllRNn At!O rOREVLR' rErEf/D. ' , I AlIO TliE uAtl) l'AIITY or Ttlt flRlJT PAllT (lOTtl HERr.OV (:MHlTITurt ANO APPOHH N, p. I , r,IIiIlillAll TO lit IT" 'TTOIINEV, rOR IT ANI> III ITS IIIo1IE, IJIO A" A'll rOil ITS CORPORATE 'CT , I MIO Otto T(I ^CKIIO\~.I.or,t THill tl/UE'lflmr ocrORC AlIV I'r~~N ~t~~!~~I.~~~~"~~:.~Y Tt.I:.L~~~4~~'" FIll Cll.UltlwtAt.TIl 01' PrJltlliYLVNIlA TCI T,u.:l IiIJCH ACIWIIWl,[(I(','r'CIlT, TO TIlE lrITtNT Ttl~T nit ti~.lr ll^v IIr 1\111 Y Uff'IIl/rlfn " I. IN WITNrllu YiIEnr.\lr, Tur IIAIO "II P, NIUUfI.lA'I, ItICORPORArrn HAU ItEHEIlNT('I CAIIIJ[D ITII CO.. ': POIIATE UEAL TO Or. M'f'I!rO A'HI AITEaTEO 11111\ OAV. or ,A, 0, 01lE TIIOIIIIANO IIINE HUHDRED 'AND fifTY-THREE H. p. "'NNEIIA/I, iNCORPORATED 8EALEO AND DELIVERED OY H. P, NINI(EMAN' PREUIOENT IN THE pREUENCE 'of IIU, ' ATTEUTI , , EVA W, HARE 8EORETARV REOE IYEO, THE DAY or, TIlE DATE ,or TIlE AOOVE, "lOENTIIRE, Of TilE AI1OVf..II.v.t:O HTATE or pENNUVLVAIIIA, , III CDlmTY Of DAUPIIIN I I "EREOY cERTIIV, THAT ON THIU 2l>1 OAV or APRIL IN TIIf. YEAIl or OIlR Lono ONE T1~UUANO NINE HUI~REO AIIO fIlTV-IIIREE DEfORE lIE, T11~ UII&8CRIOER, "NOTARY plIOLIC, RE~IOIND IN TilE, COUNTY or pERUOOALLY AMAREO N, ,I', NIHNr.",^1I IHE ATTORNEV IIA~O III TIlE fORr.OOING IIIlENTlIREr ~M! BY VIRTUE AM! III plIRUIIANCE Of TIlE AIITlDRITV TIf:IlEIN tOllfERREO IIPON HIM, AC~IOWLEOOEO THE 8AI0 II()ENIURlJ TO AE ~HE AO~ AIIO DEED Of THE UAIO N, 1', NIIPlEIIAII, INCORPORATED. WlTNE8U III llANO AI() NOTARIAL 8~A liE OAV AIIO YElR AfOREUAID. , SlAl IMRRV L. OOWERU " NOTARY PIIO'~IO III CO"""UUION EXl'lREu I.\,\Rellll, 9" THr AOOREU8 or IHE W1TIIIN.NA~O dllAIII iu ll(l I.\,\NCIIEUTEIl RD. CA"P IIII.L, PA. RII'UEL" a, IlroEGRArf 011 BEllALf Of TilE ORANIH I TH I u I NOENTIIIlE, MADE IHE IInEEHTII DAY Of APRIL IN TilE YEAR or OIlR LORD OHE TIIO'''AII0 NINE "UNOREO AND IInV-TIIREE I OEIWEtN HAZEL L. ~ECK, (WIDOW) Dr IIIE TO""""P Of I I NORTH UIDDLETON, COUIITY or CI~mEIlLAIlO A!H. UTAIE Of pENNUVLV.N'" laRANIOR AI/!l ! at.ENN EDWARD nARR AND t.OUIUE E, BARR, HIli WIre, fl, 0, II 1*2, CARLI.LE, COIINIY Of CIIMUEHLAIlO AND UIATE Of PENNUVLYANI , ORANIEE. Of IHE UECOIIO PART, W1TNEUUETH, TIIAT TIlE ..10 PAIITV Dr IHE IIRUT PART, fOR .....IANO IN CONUIDEHATION Of TIlE '11M Dr IIlQ IIUNOIIEO TWELVE AIIO II TY ('2I2,lO) LA,"IIL MONEV Dr TIlE UNITED UTATEU or AMERICA, wELt. MID TRIILY PAUl RV WE: U,II:l flAltTlCti or nit I:itCONO PAIn' TO TIlE i 8Al0 PA"TY or TIlE IIRUT PAllT, AI AND OElOIlE IIIE [NUEALlNO AND DEL I VERY Of IHE'E pHEUEN. IU,' TIlE RECE I PI IoIIEHEOf IU HEIlEAV' AOKIIOWLEOGEO, IIAU ORA/lIED, OAIIOAI1EO' UOLO, ALIENED, (llrEoffto, RELElUEO. CONvEVEO AND CONrlRI[O, AtlO OV TlIEuE PREUENT' ODE' ORm . 'I I BARGAIN, UEL~, ALIEN, ENrEorr, RELEAUE, eOI/VEV 1110 CilNrlRU UNTO TIlE UAIO PARTlEU Of THE I lJECONO "AHT, TtIEll1 HEIRll AI/D AUI.iICl,NU, J ALL TIIAI OERTAIN TRACI or LAIIO 81111AIE IN NORTH III DOLE ION 10""IIIP eou"lv Of CUMOERLA..o ""0 "TATE or pENN'VLYANIA: OOIlNOEO AtIO OEuCHIOEO 111 fOLLO,". TO WIT, I AEINO OOIlNO ON TIlE NORTII IIV 1.01 110, l~ or TIIAI CERTAIN PLAN Of LOlu III NORTII "'OOLETO" I TOllllUHlp, LAID ollr fOR AI,"U O. KECII A~ OUL~ RECOROEO IN TilE OrrlCE or TIlE IIECOIIOEII or OErOU , IN AND fOR CIIMIlt:HL,vW COlmTY, PENtHiYLVMllA. IN PL^,,~ II00K _. PAGE S21 ON Tilt (Alll" (lY A PROPOIlED OHIVE AU LAW 0111 (IN nIL ArORtuAHl pl.m or LOTtll Oil ntt UOllTtt OV LOT .W, it! AND ON IIIE WE" RV TilE LONO'U OAP ROAll mo REINr, ""V (60) n:El 1/1 fRONI 'LONO TIlE LOtiO" GAP ROAD '''0 EXTE"OINO IN OEpIII OIlE 1I1111OREO ,EYEIIIY-fDIIII '''0 TWf.NIV III1NOREOIII (174.20) fEEl fROM IIIE CENTER or IIIE LOIIO 'u OAp ROAD, IT DE I NO LOI NO, I" PL'N or LOIU. IT IIEI"O PAHI or A LAROEII IRACT or 1."'0 IIII/ell rAIII, M 1,[tIMA/l A"O WifE, IIV TIIflli 11([0 LR I NO. 21111 DEED HAZEL L. KECK TO OLENN EDWARD AARR ET UX OONU. 1212.10 LOC. NORTH MIOOLEION Twp. DATED APRIL II, 195) ENTO, "PAIL 21, 191) T 1I.t: ) 'l6 PIol . PENNA IIHIIIO STAll! ,~,;l HLK ,.ll IILK ~ll IHJRH/lRIVEtluf -, ./ll/ll STArE I"X 80ellMINIMl I I A" 8110~ ON TIlE AlOI/EUlIO I , . , John P......III, CPA JOHN PERAZZELLI CBRTlflBD PUBLIC ACCOUNTANT ." WllITS HORSB ROAD ,VOORHBBS, NSW JBIlSBY 0804.1 Am.~can INlllul. 01 CenlO.d Public Accuunllllll Member TIlL" (609) 617.Q800 PAX, (609)627-1942 N.... J.ney Socl.ty 01 Cenmed Public Accnunllnll September 12, 1995 PennaytvanlalnllllUI.ol CenlO.d Public AccuUnllnll Hetrik,Zaleski & pierce P.C. P.O. Box 1265 Harrisburg, PA 17108-1265 Dear Bob: You requested that I give you my method for determining the value of the Cradle N I Tot Shoppe. I use a combination of three methods that are par't: of the Intern!11 Revenue Service Code. These deal with Net Profit, Total Fixed Assets and Total Assets: Net Prollts Ma t l1llii Year Net I1'19.Q!l!.~ 1989 16.143 X 1 .. 16,143 1990 14,169 X 2 " 28,338 1991 20,925 " 3 .. 62.775 .. 1992 4.615 :< 4 .. 18,464 1993 847 X 2- = 4.235 '56.700 1: .uL.!~~ -.--. -..- Total Average 12~,955/15=B,664 8,644/20% (capi't:aliz~d income)- 43,300 Total Fixed Assets l!W: 1989 1990 1991 1992 1993 Method Net Income 155,164 153,567 155,744 156,904 154.214 775.593 Total Average 775,593/5 years =155,119 155,119 X 10% Returns .. 56,700 Five Years Net Inoome 56,700/5 years.. Average 15,512 11. 340 i 6 . 8~ 2 RFr.C'\lCf) ~3EF' 1 .: 1995 26,852/20% (capit~lized)~ ~ iii:' !,: , '::' E I I. I I 1 '; :. \. I (UNAUDITED) EDITH M. SCHWARTZ !/A CRADLE N' TOT SHOPPE COMPARATIVE BALANCE SHEET DECEMBER 31, 1991 AND 1990 ASSETS Current Assets: Cash Accounts Recsivable Inventory Prepaid Insurance , Total Current Assets Fixsd Assetsl Store Equipment Leasehold Improvements Transportation Equipment Less: Accumulated Depreciation Total Fixed Assets Total Assets LIABILITIES AND OWNER'S EOUITY Current Liabilities: Accounts Payable Accrued Payroll Accrued Payroll Taxes Sales Tax Payable Customer Credits Payable Gifts Certificates Outstanding Total Current Liabilities Owner's Equitv: Owner's Equity - December 31, 1990 and 1989 Add: Net Income for the Years Ended December 31, 1991 and 1990 Capital Contributions Less: Withdrawals Owner's Equity - December 31, 1991 and 1990 Total Liabilities and Owner's Equity EXHIBIT I December 31. 1991 1990 $ 16,997 $ 20,409 14.263 13,896 130.878 116,193 936 731 $163,0]2. $151, 229 $ 12,932 $ 12,932 11.934 11.934 12,508 12,508 $ 37.374 $ 37.374 34.027 33.705 $ 3.347 $ 3,669 $166,421 5154,898 $ 5,638 484 1,402 327 1,020 1,000 S 9,871 $ 9,375 245 1,214 336 1,383 1,035 $ 13,588 $141,310 $135,777 20,925 6,926 $169.161 12,611 $156,550 14,169 7,119 $157,065 15.755 $141,310 $166,421 $154,898 See Accountant's Compilation Report JOH/\ PERAZZELLI & ASSOCIATES, P,C, . CERTlF!ED PL'BUC ACCOL1/\TANTS . I'OORHEES, :o.1:\\' JERSEY ,', , ' (UNAUDITED) EDITH M. SCHWARTZ T/A CRADLE N' TOT SHOPPE COMPARATIVE STATEMENT OF INCOME AND EXPENSE FOR THE YEARS ENDED DECEMBER 31, 1!'91 AND 1990 EXHIBIT II For the Years Ended December 31. 1991 December 31, 1990 Amount % of Sales Amount % of Sales Salas (Net) $249,225 100.0 $270.393 100.0 ,Cos t of Goods Sold: Inventory - Opening $116,193 $117.790 Purchases (Less: Discounts) 148,080 158,532 Freight-In 3,479 3.194 $267,752 $279.516 Less: Inventory - Closing 130,878 -116,193 Total Cost or Goods Sold $136,874 ..1i:1 $163.323 ~ Gross Profit on Sales $112,351 45.1 $107.070 39.6 Operating Expenses: Payroll $ 38,318 15.4 $ 39.463 14.6 Payroll Taxes 4,380 1.8 4,315 1.6 Paper Supplies 1.592 .6 2.489 .9 Advertising 2,320 .9 2.459 .9 Uti1iites and Telephone 8.476 3.4 8.181 3.0 Insurance 3,298 1.3 2.718 1.0 Rent 14.754 5.9 16.302 6.0 Repairs and Maintenance 4,673 1.9 1.120 .4 Professional Fees 650 .3 600 .2 Taxes - Other 2,848 1.1 2.814 1.0 Travel and Entertainment 4.772 1.9 4.843 1.8 Office Expense 6,125 2.5 4.453 1.7 Transportation Expense -0- -0- 1.529 .6 Bad Debt Expense 45 -0- 125 .1 Total Operating Expenses $ 92.25 i 37.0 $ 91.411 33.8 Net Income before Other (In- come) and Deductions $ 20,100 8.1 $ 15 .659 5.8 QEher (Income) and Deductios: Miscellaneous (Income) ($ 1.147) .4) ($ 631) ( .2) Interest Expense -0- -0., 1.735 .7 Depreciation ~~ense 322 .1 386 -d Total Other (Income) and Deductions ($ 825) (--:1) $ 1.490 ~ Net Income $ 20,925 8.4 $ 14.169 5.2 See Accountant's Compilation Report JOHN PERAZZELU .Ie ASSOCIATES, P,C, · CERTIFIED PUBLIC ACCOUNTA.'l/TS . VOORHEES, SEW JERSEY , . ".;,.':,; , " I < "\ ,1/ I I I I -' , ,1./ ~' ,I " ,,\, ,I , , ' ".l!l .,- Millon Bank Mollon Bank, N,A. Mollon Hunk Conlor 1'.0, Box iHUiI I'hlludolphlu, I'A 11J11lI.isml October 7, 1994 Hetrick,Zaleski,Ernico & Pierce Attorneys At Law 10 South Market ,Square,Suite 500 Harrisburg,Pa 17101-2001 " ' RE: Estate of Edith M Schwartz Dear Ms Chapman: In accordance wIth your request, the followIng InformatIon 15 provided as of .llIn.. 16, 1 qq4 Interest Total PrincIpal Earned Interest Account Balance From Last Total Earned Number As of PostIng to Ba lane e Thl s Year and Date Type of Date of Da te of To Da te of To Date of TItle Ooened Account Death Death Death Death 00260-443135 3/23/89 Statement $2,104.03 $1. 98 $2,106.01 $17.05 Edi th M Sch~lartz S!lvings 210-071511C 3/23/90 Income $35,000.00 $71.46 $35,071.46 $502.00 Edi th ~I Schwartz Certificate 260-060049C 1/3/91 Income $30,649.72 $49,80 $30,699.52 . $363.18 Edith M Schwartz Certificate " Please contact thIs department If you have any,qtiestlons. SIncerely. eX [L(~. Mellon Bank, N,A, Hrltten Communications (199-5380) P.O. Box 7899 PhIladelphIa, PA 19106-7899 7 fr,~ -/ " 1, ,"/J,().- Cf ,', l..... 1/ RIV"IS47 EX APP 112"94* C-.LTH 01' PfHNIVLVAHIA orP~TItENT 01' RlVEIU IURUU 01' INDIVIDUAL TAIlE. DEPT, llOiOl _ICIUlO, PA 111 II.GAO I NOTICE OF INHERITANCE TAM APPRAISE"ENT, ALLOWANCE OR OISALLOWANCE OF DEDUCTIONS AND ASSESSHENT OF TAM ACN 101 DATI 12-11-95 PILE NO. DATI! OP DIATH 06-16-94 COUNTY CUMBERLAND NOTE I TO ~NSURE PROPER CREOIT TO YOUR ACCOUNT, SUlltIT THE UPPER I'ORTION OF THIS FOIlll IIITH YOUR TAlC PAYHENT TO THE REgISTER OF MILLS. KAKE CHECK PAYABLE TO "REgISTER OF IIILLS, AgENT" REMIT PAVMENT TOI ROBERT D CHAMBERLAIN JR HETRICK ETAL PO BOX 1265 HBB PA 17108 REBISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 AIoount R..iU... ~ CUT ALONO THIS LINI! .. RI!TAIN LOWI!R PORTION POR YOUR RI!CORDS ~ iliV:iiW"iii-APp-"(l'Z:94riiiifIci--oP-YNHiiiiTAiiC'i"TA'x-"AoppiIAiiiiifiiir;"ALrciliANC'ioiiii""'--""'o",o- DISALLONANCI! OP DI!DUCTIONS AND ASSI!SSMI!NT OF TAX I!STA"I! OF SCHWARTZ EDITH M PILI! NO. 21 94-0579 ACN 101 DATI! 12-11-95 TAlC RETUIIN liAS I t X I ACCEPTED AS FILED I I CHAHIlED RISIRVATION CONCI!RNINO FUTURI! INTI!RI!ST - SI!I! RI!VI!R81! APPRAIIED VALUE OF RI!TURN BASED ONI ORIGINAL RETURN 1, R..l E.t.t. lSohedul. Al (11 2, It..... _ Bond. lSohedul. II 121 5, Cl"..1y Hold Stock/P.rtnorohip Into...t ISchldulo CI 151 4, Hort.....lNot.. R...iVlbl. ISchldul. 01 141 S. CloWhnk Depo.U.I"ho, P.r.-I P__dy lSohedulo EI ISI .. Jointly Owned proporty (SonIdul. FI 1.1 7. Tran.f.r. (Sohedul. gl 171 e. Tot.l A...t. 90.000.00 .00 125.000.00 .00 79J338.55 .00 .00 III 294,338,55 APPROVI!D DI!DUCTIONI AND EXEMPTIONS I 9, Funer.l EKPOn.../Ado. Co.t.l"i.o. Expon... (Sohedul. HI 191 10. Debto/Hort.... LiobiUU../Li.... lSoMdul. Il 1101 4.080.01 11. Tot.l Doduotion. (11) 12. Not V.lue of Tox R.turn (121 IS. Chlritobl./80v.rnoent.l Iequo.t. lSonldul. JI (151 14. Not V.lue of Eot.t. SUbjlOt to Tox 1141 _ NOTI!I If.n ........nt w.. i..u.d pr.vioU.ly, lin.. 14, IS .nd/or 16, 17 .nd II will rlfl.at figur.. th.t include the tat.l of !b1 r.turn. .......d to dat.. ASIISSMENT OP TAXI 15. ~t of Lino 14 .t Sl>ou..l rot. (15) ,00 M' 00. ,00 16. ~t of Line 14 toxobl. .t Li....l/Cl... A ..to 11" 264,944,54 M' 06. 15,896,67 17, _t of Line 14 toxobl. .t CoU.t.Mll/Cl... I ..t. 1171 ,00 M .15. ,00 18. Prlnolp.l Tox Duo 1181 15,896.67 TAX CRI!DITII PAYHEHT DATE 09- 6-94 03-07-95 25,314.00 '9.:\04 01 264,944,54 -~ 264,944.54 RECEIPT tulIER MM912950 AA02291 0 DISCOUNT It I INTEREST 1-) 794.93 .00 AItlUn' PAID 8,000,00 2,000.00 TOTAL TAX CRI!DIT BALANCI! OF TAX DUE INTI!RI!ST TOTAL DUE 20,794,83 4,898,16CR .00 4,898.16CR M IF PAID AFTER DATE INDICATED, SEe REVERSE ~OR CALCULATION OF ADDITIONAL INTEREST. IF TOTAL DUE IS LESS THAN .1, NO PAY"ENT IS REQUIRED, IF TOTAL DUE IS REFLECTED AS A "CREDIT" <<CRI, YOU "AY IE DUE A REFUND. SEE REVERSE SIDE OF THIS FORH FOR INSTRUCTIONS,I Ii) '....1 t... ", " " " " " f.': I, 'I _ATllIN' E.t1It.. 01 _to dYl.. on or bolo.. _r II, I"t .. II lIlY !ulll.. tnt....t tn "" ...... II .r...lorr" In po.....lon or ",lo.-.t .. el... . CoolI.t.roll _1101..1.. II lho _t .11.. lho ....lroUon II onv ..t... Ilr U" or far VHre, the t ~1th hlr.y ..r...h rtNr".. the rllht t. .,r.l.. 1M I.M" trln.f.r lmerit.. TUII It thI IIMful ell. 1 . (OI:Ill"lr.1) retl on 1M "*' future Int.,.... _r1F NOTICE. '" fulllll tho r"",lr_to .1 IooUon 1141 II 1M IIMrlt_ oN Iot.t. I.. Ht, Ht 1/ II 1"1. "'.1. , lloollon 1140, Dot1loh tho t.. porllon II thlo Noll.. oN ....It olth .our ,._t I. lho ...t.t.. .1 Millo ,rln." on tho r_r.. .hl.. ........ _ Ir ..... ordor '.....1. tl' llll11TE1 or MlLLI, AClIllT All _to r_I"'" ""II llrot bo ....11011 t. .... In'''..' ""loll ... bo .. olth lIlY ,_h.r ...11011 to tho t... _ cau, A rollnl II . t.. 0,00I1t, ""loll .... Ill' '....,.. on tho I.. ..Iu,n, ... bo ,.....t.. -v _1.11... OIl "AtoIollooU", lor ..1InI 01 I'omoylvonl. IIMrlt.... oN Iot.t. 1..- I"V-III1I. AIlollooU"'.... _1111I1. .t "" Dlfl.. 01 "'" ...Iotor 01.1110, ... 01 tho II ....... DI.t,l.t DIll..., " b. ..III... tho _t.1 '~'hour ......rl". ..rvlo. nulbtrl far for.. arder'".1 In PtmlWlvlI1l. I.....""'n., out.h.. PtmIYIv.nI, ... olthln 1...1 ..rrlobur. "00 C7171 7.'-.194. IDD. 17171 ",-"., lHoo,I.. 1.,.1,.. Unlvl. PAVllEIIT' aUCUMI kr1 Plrtv In In'''I.t not ..'hfled ..,th thl .,r,IHNn', IlIowlM. nr dhlUDWInOI of ""Uan., or "'N.~t of tlX Unaludlne dhoOl.l1t or Int.rt." .. Ihowl on thh Matloe IUlt obj..t ."hln .hty UU den of rlOll,t .f \hI. MoUo. bVI ".rlt'" prot..t to tho PA Dooort_t 01 ......., lIoo,d .1 '-<01., ...... 11I111, .."Iobure. PI 11II.-IDlI. o~ ....lIOUon to heY. the _U.r dlt.,.I".. .t IUdlt .f 'hi MHW\t n' 'hi ,.r...1 r.,...,t.t1vI, a. ........1 '0 the Or,,*,.. Court. A11111M IITlATI\/! eoM!CTIONII FMtUll .rrort dltoOVertd on thll ......." ~ht ... IIddr..... In IlrlUflI '01 PA DIfl.rt..,t of 'I1YInUa, IurlOU 01 lndl.ldutl I.,... All.. Po.t I........t ...1.. unit, ..", '....1. HlrrIObur,. PA 171'1"'11 Phont (717) 711-6101. Stt,... I .f 'hi .....1., "'n.t,,,,U.,,. fir lm.rltlnM ,... ..turn '0' . ...Idlnt DtotdInt" (RfV"IIOI) 'or In .xpl~tlon.f .--lnl..r.'IYIIV ..r,..llbl. .,r"I. II ..y t.. duo 10 p.ld .lthln th,.. III ..I_r _tho .ltor tM ""_1 '. dooth, . It.. "ro..,t IUI dl_t ., the taM paid II .11....... DUcal.,,, IHTm'T' Intor..t 10 _rtool ....1"'1.. .Ith It"t doy .r ...1I_y. a, nl... m _tho ... .... (II .... Ir.. tho ...t. 01 doolll. to tho ...t. II ",,_t. T.... ""I"" _ doll_' bof." _n I. "II ....r Intor..t '1 tho rot. 01 .1. 16lCI ",o",t "' ..... ooloul.tOll .1 . tIolly rot. .f ,01lIM, All'.... ""toll _ doll_' on and .lIor ......,v 1, 1911 .111 btlr Int,,"' It . rtt. Mhlth ..III v.ry fr. "'....r ....., to OII..r V'" with thlt rl'o IIMCMnOId bv thl PA OIpa,t~, of ...v..... 'M .,,11....1. Int.,... rtt.. for I'll U".., I"' .rl' '!!!!: Inter..' A.t. OIlh Intere., flMtlr !!!! Int,,"t _.,. DoIIV Int""t '..'Ir 1911 101 .aa.141 "" 91 ,011117 1m 16lC ....u. 1....lnl III ,011111 19M \IX ,IIUIl I"' 91 ,Olll~7 1911 II~ ,100116 1"1-1994 'I .II'IU I", 101 ,IIO"~ I"' 91 ..11117 ulnter..t I. olloullttd .. foil...'. INTEIIIT . IALANCI or Tax UNPAID M HUftlII or DAY. DILIMqVENr M DAILY IMTllIIT FAcro~ "Anv Motla. 1.1UOd "t., tho t.. ......, doll,.,..t .111 r.lloot .. Inl.,..t ..Ioul.tt.. tl IIltoon CIII dov. MVI/lftd thl .,. a' 'hi ........,t. It "....,t II... .ft., thl 1M".., OottpUtlUon del. ItMln on 'hi Notl.., IddltlOMI In'.,.., "'It be ..lIul.'.... ,;".;,-\,,,..., t 6-. S r;.c.c.' 1/ 11/- ~ao- 9 1'-' c.... 1:0 v--- BUREAU OF INDIVIDUAL TAXES DBPA~TMBNT 280601 HARRISBURG, PA 17128-0601 March 8, 1995 ROBERT D CHAMBERLAIN JR ESQ . . RETRICK ZALESIU AND PIERCE 10 S MARKET SQ STE 500 HARRISBUR PA 17101.2001 Dear Mr. Chamber1ainl Rei Estate of Edith M. Schwartz File No. I 2194-0579 This is in response to y -'ur request fC'r an extension to ~ile the Inheritance Tax Return for the above-referenced estate. In accordance with Section 2136(d) of the Inheritance and Estate Tex Act 255 of 1982, thl' time for filing the return ie exteuded for an additional period of six (6) months. Thia extension will avoid ths imposition of a penalty for failure to make a timely return. However, it do~s not prevent interest from accruing on any tax remaining unpaid after the delinquent date. The return must be filed with the Register of Willa on or before September 18, 1995. Because Sention 2136(d) of the 198? Act allows for only one extra period cf six (6) months, no additional extension(s) will be granted that would exceed the maximum time permitted. Sincerely, ' Q J (! )11u'./'/7~l:,.),/ ..,.1"",," I foOl / / J John C. ~u~phY, Ch:ie~' (/ . Inheritance Tax Division S-ITIINH83 3 I amllll 275 g~ :n '9 :'Om :3 " II (,'/ () . " n' {(., n " :-,.; " " 'I.~ .. I,: ~ :'.\ " , - , i' -.J " i I I' . ,', ;...' " _. ~ /l U \0 if, ~S " n '-d .n co fh 1< I .) '." " , ','>("1 PAVlENT I DetICh tho tOP portion of thh Hotl.. end _It with ...... ",,_t _ p....I. to tho .,.. end odd".. printed on thl r.v.r.. .Ide. ._ If RtIllJ(HT lJ(CE1ll!NT ..... chock cr ....V crdor ...obl. tOl REDlSTER OF WILLS, AilE NT , __ If HOH-RtIIlJ(HT DECElJ(NT Ilk. c_ cr IMIV crdor poyobl. 101 CClIIlOINEAL TH OF pENNSVLVANIA, All Plveentl rec.lvld Ihlll be ~1I1d flr.t to '"1 Inter..t IIlhlch "1 bIi due with '"1 r...lnder .,,111d to thl tlM. REFUND CCAll A r.flftt of I tlX cr.dJt, which WII I'lQt rlqullt.d on thl TlIC R.turn, "1 be rtqu..tld by c0IIP1IUng In "Appllcltlon for R.fund of PennlYlvanla InherltlnOa and E.tlt. TIM" (REY-1SIS). application. Ir. .vIllabl. .t thl Off Ie. of thl Aegllter of Willi, MY of thl U R.v........ Dlltriot Office. or frN the D.,.rtHnt'. !.-hour WI....rlng ..rvle. nu.btrs for for" orderlngl In P.,..,.ylv.,l. 1-100-"2-2050, out.lde P.,..".ylvlnla Ind within loc.1 Herrhbur. .r.. C7171 717-10"., TOO' (717) nZ-U5Z CHelrlne I.alrld onlYl. DISCOUNT. Que,tlon. r'Olrdlng .rror. cont,lntd on thl, notlc. lhoUld be tddr"ltd tOI PA c.p.rt.ent of RIVInUI, Bur.au of Indlvldutil TIX", ATTHI Po It A......tnt R.vl", Unit, Dlpt. 210'01, Hlrrltburll, PA 1712'-0601, phoM (717) 717-6501. If InY t.1C due It p.ld within thrH (ll clltndlr ItOnth. Ifter the ~ldent'l de.th, . fiv. ptrclnt (S~O dllCOtI'It of the tllC p.ld It IUoMed. Rt'L V TO. IHTERtIT I Int.r..t II chtrttd btllMlng with first da:l of d.lInqu.noy, or nine (,) ItOnth. Met OM 0) ctly frOll thl dati of d.lth, to thl dlt. of Plv-tnt. TllC.. which btc... delinquent blfor. Jenuarv I, I.az bier Int.r.,t .t t~ r.t. of IlK (6iO p.rc.nt per ~ ollculltld .t a dellv rlt. of .0101.... All talC" which bt<I... dt1Jnquent on Ind Ifttr Janulry 1, 191Z will bllr Intlr'lt It I rltl which will vlry IrOll c.lender Yllr to c.1lndtr y..r with thlt rltl tnnOUnGtd by the PA OIPlrtaent of A.vlnUl. The ~llolbl. Intlrl.t r.t'l lor 1912 through 1996 Irll V..r Intlr..t Rat, o.lh Intlr..t Factor VlOr Intlr..t ht. DallY Intar..t factor 1912 20X ,000148 1917 'X ,808247 1915 lOX .0004S8 1988-1991 IlX ,000501 19" IlX ,000SOl 1992 'X .000247 I'U ISX ,0001" I99S-I994 7X ,0001'2 1916 lOX .000274 1"5-1991 'X ,0"247 ~-Intlr..t I. c.lculattd ., followlI INTEREST . IALAMCE OF TAX UHPAID X HUftIER OF OAYI DELINQUENT X DAILY IHTERElT FACTOI --any Notlcl 1.lued Iftlr thl t.. btc~. delinquent wIll rlfllct In Intlr'lt calculation to flfttln CII) dlYI bevond thl dltl of tM ......lInt. If pIYHnt It .adI .ft., thl lnttr..t cOllPUtat1on dlt. .hotfn on thl HOUCI, tddltlonll Inter..t IN.t be ol1cullttd.