HomeMy WebLinkAbout95-00447
" t.: "_:H~ -"',
No. 21 - 95 - 447
Estate of
J. DONALD SCHMIDT
. Deceased
DECREE OF PROBATE AND GRANT OF LETTERS
AND NOW JUNE 12. 19~. In consideration of the petlllon on
the reverse side hereof. satisfactory proof having been presented before me,
IT IS DECREED that the Instrument(s) dated MA Y 11. 1989
described therein be admitted to probate and med of record as the last will of
J. DONALD SCHMIDT
and Lellers I t ~ I AMeN I AK Y
arc herebygramed to PATRICIA A. SCHMIDT
FEES
Probate, Lellers, Etc. ......... $
Shorl Certlneates(l ) . . . . . . . . .. $
Renunciation ................ $
X-Pages $ 30.00
JCP TOTAL _ $ 6r8~
Flied .......,., .~~~~. ,1.?1. ,l.~~~.........
25.00
3.00
Richard L. Placey 07232
A1TORNEY (Sup. Co. I.D. No.)
23Z N. ~1lc1 BL. ~0. Box 99
Harrtsburg ,ADDlmssPA-'-1-7'l:08-
(7171236-gC;77
PHONE
l.OO I-l. TI~lRr') 'QT.
I It:, ('1 , p/\. I ~' 1110/
':;'1
0,
n
")
C'.
-~:~ "'(
'}o..:
OJ
I
~
'''J
() ;
~) I ,-
'uu:
0:.
1[1
p,
.~ J
, L:
2::J
UU
Mailed letters and order to attorney on 6-13-95.
21 95 - 447
,,-
.
~
,...
h~.'"
,}
;'.'
"
"
,L
'~~
. (1', r~, . .
, ~,' !1: , '
.. 11- ~.:
c,
gc
. '!;,',
:ug'
.~;;
.'-c)
~."
;;
I
!XI
:0,
:D(ll
.q,~
ii_'-f,t.
c.;-rp
,,- ',J.
t(,;:;
~-" (i
'~'\-1
U;:O
-.
...'t
::,;.;-
~
:",.
~;
ir
,
;~~~i~,<, ': ~"::<o;~ ':;:.' ,"';'~':~'.:' ~.
,j'-~...-.", '" -,." ., ..... '~".o.t> "f;J' _Jir,," -"'.,~. ..-'".. 'T' ,--
~'l-V":1'~ "" """-' .-<~, ",~ l'f-t"~' ..' .'U"" ',;..t'I'.'-" ,
~'~~j;f~:j.~:'!/(~" ;~: :'.:{~~~~~;~1~~~?~)(':''<~; ';;'~';J
-".
,.
,
'",;
)f:'>
'M I
q& E
'/" '8l,i~: Ii ~
,,' ~,\CI'r a
~';~; : ~. ~.~
CJu' lie" -. ·
'",~ "' B-M!!
c ,f...-t~ . w ~ ..
';'~J:,p.,o.,-t " o'
~",,'''~'. ~ z Ilo
!. -"'\'{~:~".:S~: ~.: i
"0::1 ;:~ 0 ~
' ] ,~~ a :
1i a
'M .
~
t
"
,
II
~
~
-'
I
..
~I
~
8
&04
~
.
~
'l;',J.,.
.,
"
.;",
'_'0
'r.
,:,...
.~.
...'
. ~...
.
-. '
'..
....
....
on
01
I
'"
l"'l
N
~
....
.-i
....
~
. ,
. .
.
..
.
".
..
"
'.
'.
LAST WILL AND TESTAMENT
OF
J. DONALD SCUMIDT
I, J. DONALD SCHMIDT, now of Lower Allen Township, Cumberland
County, Pennsylvania, do hereby declare this to be my Last will
and Testament and revoke all prior wills and Codicils made by me.
ITEM I. DEBTS AND EXPENSES: I direct that all of my
just and currently due debts and funeral expenses, including the
cost of my gravemarker, if any, shall be paid from my estate as
soon as practical after my decease as a part of the administrative
expenses of my estate.
ITEM II. PERSONAL ITEMS: I give all of my articles of
personal or household use, including automobiles and all insurance
on that property, to my wife, PATRICIA A. SCHMIDT, provided she
shall survive me by thirty (30) days. Should my wife predecease
me or die on or before the thirtieth (30th) day following my death,
I then give all such property and insurance to my then living children,
in equal shares, particular items to be allocated among them as
they agree; or if they cannot agree, as my personal representative
determines. Any property not so distributed shall be sold by my
personal representative and the proceeds added to the principal
of the trusts to which my residuary estate is herein given.
ITEM III. MARITAL RESIDENCE: If my wife, PATRICIA A.
SCHMIDT, survives me and at my death our usual home is owned by
me or by my wife and me, but in a manner which would not result
in passage of full title to her by operation of law, I devise my
entire interest in said home to h~r.
ITEM IV. MARITAL TRUST: If my wife, PATRICIA 11. SCHMIDT,
survives me, I give to DIIUPHIN DEPOSIT BANK IIND TRUST COMPANY, Harrisburg,
Pennsylvania (hereinafter "Trustee"), without deduction for estate
or inheritance taxes, the minimum amount which must be added to the
,
~b;.:;~~ . ~,-~.Q,--," ~
~Donald Schmidt
.'
...
.
....
'.
value of all other property in my gross taxable estate for which
the marital deduction is allowed in order to give my estate a marital
deduction which will reduce federal estate tax on my estate to the
lowest possible amount. Such minimum amount shall be determined
after first taking into account all other deduction and credits except:
(i) The state death tax credit to the extent that its
use would require an increase in the amount of state death
taxes paidl and
(ii) The credit for tax on prior transfers to the extent
that credit arises from transfers to me from individuals who
die after me.
I recognize that, depending upon the amount of other bequests
hereunder, the amount of my non-testamentary dispositions, the amount
of state death taxes, and other factors, the marital trust may be
nonexistent, or may amount to the entire balance of my testamentary
estate so that the residuary trust is nonexistent. No property
not qualified for the marital deduction shall be allocated to this
marital trust.
A. During the lifetime of my wife, the entire net income
of such trust shall be paid to her, no less often than quarterly.
Trustee shall pay to her or for her benefit, such amounts from the
principal of this trust as may be necessary to maintain for her
a standard of living approximately equal to that maintained by her
during my lifetime and to meet her expenses arising from ill health
or emergency occurrences. Trustee shall be liberal in expending
the principal pursuant to this provision.
B. Upon the death of my wife, the principal remaining
in the trust created under this Item shall be paid over to such
persons or organizations, including but not limited to her estate
and for such estates and in such manner and in such amounts or
proportions as my wife shall appoint by a Will containing a specific
reference to this power of appointment, which power of appointment
.
may be exercised by my wife alone in all events.
~ v- ---.Q~Q.
. Donald Schmidt
- 2 -
, .
. .
'.
"
.'
...
,
"
t.
C. Upon the death of my wif~, PATRICIA A. SCHMIDT, Trustee
shall deduct and pay to her personal representative, from that portion
of the principal of the marital trust, if any, which she shall not
have appointed, an amount equal to any additional administration
expenses and estate and inheritance taxes assessed against her estate
by reason of the inclusion therein for tax purposes of the then
remaining principal of the marital trust. Such amount shall be
determined by Trustee, whose determination shall be conclusive.
Any then remaining balance of unappointed principal shall be added
to and thereafter shall form a part of the principal of the residuary
trust, to be held and distributed as though originally a part thereof.
If the residuary trust shall not have been created for any reason
or shall have been exhausted, the remaining principal shall be held
in trust upon the same terms and conditions hereinafter specified
for the residuary trust.
D. If any provision of this marital deduction trust will
result in depriving my estate of the marital deduction for federal
estate tax purposes, such provision is hereby revoked, and this
trust shall be read as if any portion thereof inconsistent with
the allowance of the marital deduction for federal estate tax purposes
is null and void.
ITEM V. SIMULTANEOUS DEATH: If my wife and I should
die under circumstances which render the order of our deaths uncertain,
for all purposes of this Will except for the purposes of Item II
hereof, it shall be conclusively presumed that my wife survived me.
ITEM VI. QUALIFIED TERMINABLE INTEREST PROPERTY ELECTION:
My corporate executor, hereinafter named, shall, in its absolute
discretion, determine whether to elect under S2056(b)(7) of the
Internal Revenue Code of 1986 or corresponding provision in effect
at my death, to qualify any portion of the marital trust for the
federal estate tax marital deduction. Generally, I anticipate that
my corporate executor will elect to minimize the estate tax
payable by my estate. However, I would expect that some consideration
~D~ld~h~df-' 'J
- 3 -
.
.'
.
..
'.
be given to the estate tax payable in my wife's estate upon her
death, especially if she should die prior to the time the election
is made. The determination of my corporate executor with respect
to the exercise of the election shall be conclusive upon all affected
persons.
ITEM VII. FUNDING: My executor shall select and distribute
to my Trustee the cash, securities and other property, including
real estate, which shall constitute the trust, employing for the
purposes of valuation the lesser of the adjusted basis of the asset
for federal estate tax purposes or the fair market value of the
asset at the time of distribution.
ITEM VIII. RESIDUARY TRUST: I give and devise the balance
of my residuary estate to DAUPHIN DEPOSIT BANK AND TRUST COMPANY,
Harrisburg, Pennsylvania (Trustee), to administer and to distribute
as follows:
A. Trustee shall pay the net income thereof to or for
the benefit of my wife, PATRICIA A. SCHMIDT, for and during her
natural lifetime, no less often than quarterly, as Trustee may determine.
B. Trustee shall pay to or for the benefit of my wife,
from time to time, such portions of the principal of this Trust
as may be necessary for the support of my wife, to meet my wife's
medical, dental, hospital and nursing expenses or the expenses of
invalidism. In determining whether to make withdrawals under this
paragraph of the principal of this residuary trust, Trustee shall
consider such other resources as may be available to my wife pursuant
to the marital deduction trust created in Item IV hereof. My wife
shall not participate in any decision affecting the invasion of
principal from this residuary trust for her benefit or for the benefit
of anyone she is legally obligated to support. There shall be no
restrictions as to the use that my wife may make of any distribution
hereunder for her benefit.
C. upon the death of my wife, the then remaining principal
of this residuary trust and any undistributed income thereof shall
,
~';n~idSc~~'- 0
- 4 -
. .
'.
.
'.
be paid by Trustee in such amounts or proportions or in such manner
as my wife may appoint by Will containing a specific reference to
this power of appointment; however, in the exercise of such power
of appointment, my wife shall be limited to appointing the same
unto our children or their children, provided that, in no event,
shall my wife have the power to appoint the SBme or any portion
of the same for the benefit of her estate, her creditors or in any
manner which would vest in her a general power of appointment over
such funds or result in such funds or any portion thereof being
included in the gross estate of my wife for federal estate tax purposes.
Other than this limitation, my wife shall have the full power, at
her discretion, to determine the beneficiaries within such class
of persons who shall take and in what proportions and in what manner
they shall take by virture of her exercise of this power.
D. If my wife shall fail, either wholly or in part, to
exercise effectively the above-given power of appointment (or in
the event that my wife shall have predeceased me) the then remaining
or unappointed principal of this residuary trust (or in the event
of the predecession of my wife, the entire principal of this residuary
trust) and any other funds which may be added thereto from any source
whatsoever shall be held In Trust by Trustee for the benefit of
my children, as follows:
1. Trustee shall divide the then remaining principal
and any undistributed income of this trust into as many separate
and equal shares as I shall have children then living and shall
thereafter maintain each separate and equal share as a separate
trust for each such beneficiary to invest and reinvest the same
and payor apply so much of the income and so much of the principal
of the separate trust established for such beneficiary as it, in
its sole discretion, deems necessary to enable such child to maintain
a reasonably comfortable standard of living, to meet the costs of
such child's preparatory, collegiate and professional education
~.---!J__~c..
onald Schmidt
"",-
- 5 -
~
'.
.
..
\
and to meet the expenses of any unusual or emergency occurrence
such as those arising from serious illness, physical incapacity
or the like I
2. When each such beneficiary shall attain his or her
thirty-fifth (35th) birthday, Trustee shall compute the then remaining
principal and any undistributed income of the trust held for each
such beneficiary and shall distribute one-fourth (1/4) of the same
to him or her absolutely at that time, retaining the balance in
trust as aforesaid until each such beneficiary shall have attained
his or her fortieth (40th) birthday. At such time, Trustee shall
then compute the then remaining principal and any undistributed
income of said trust and shall distribute one-third (1/3) of the
same to each such beneficiary absolutely at that time, retaining
the balance in trust until such beneficiary shall have attained
his or her forty-fifth (45th) birthday. At such time, Trustee shall
then compute the remaining principal and any undistributed income
of said trust and shall distribute one-half (1/2) of the same to
each such beneficiary absolutely at that time, retaining the balance
in trust until such beneficiary shall have attained his or her fiftieth
(50th) birthday, at which time, the then remaining principal and
any undistributed income of the trust shall be distributed absolutely
to him or her at that time.
3. In the event that any beneficiary for whom a separate
trust shall have been established shall have died during the term
of the separate trust held for his or her benefit, the undistributed
principal and income of such share shall be paid in equal shares
to each child's issue, or if none, the same shall then be added,
in equal shares, to each of the separate trusts held for the surviving
beneficiary(ies) or distributed to those who have reached the age
set forth for distribution as set forth above.
~. .u---~~ --u..
~Donald Schmidt
- 6 -
.
ITEM IX. PREDECESSION OF ISSUE: In the event that, at
the time of my death, my wife and all of my children and the issue
of my children shall have predeceased me, or in the event that,
during the term of the trusts established herein, my wife and childron
and the issue of my children shall have all died prior to complete
and final distribution of the trust fund or trust funds established
herein, then in such event, my entire estate or the then remaining
principal and undistributed income of the trusts, as the case may
be, are given and devised or shall be distributed as followSl
A. One-half (~) thereof to my sister, MARGO L. MI\'l'IUAS,
or her issue, per stirpes; and
B. The remaining one-half (~) thereof to my wife's sisters
and brothers, or their issue, per stirpes, and the issue of any
deceased sister or brothers, per stirpes.
ITEM X. WIPE'S PREDECESSION: In the event that my wife
shall predecease me, then all of the property p~ssing pursuant to
this Will, except for property passing under Item II hereof, shall
be included in the residuary trust created herein, and there shall
be no marital deduction provision.
ITEM XI. SUCCESSOR TRUS'l'EE: My wife, PA'l'RICI1\ 1\. SCHMIDT,
shall have the authority to designate a successor or successor trustees
to the Trustee herein named. In designating such successor(s) she
shall he limited to designating a bank having trust powers or a
trust company whose accounts are insured by the Federal Deposit
Insurance Corporation.
ITEM XII. GOVERNING LAW: All questions pertaining to
the administration of this trust or the construction or validity
of these items shall be governed by the laws of the Commonwealth
of Pennsylvania.
ITEM XIII. GUARDIAN OP MINORS' ESTATE: If any income
or principal shall be payable to any person who shall be minor
or who shall be incapacitated for any reason, my executor as
trustee shall hold such income and principal during minority
I
~;n~ld~~(J,- '.
- 7 -
..
"
t.
or incapacity and shall be entitled to apply such income and
principal to the health, maintenance, support and education of
such person during minority or incapacity, without the appointment
of any guardian or committee or any authority of court, and shall
be entitled to make direct application hereunder or to make application
by payment thereof to the parent or other person in charge of
such minor or incapacitated person, or to his or her guardian
or to a custodian under the Uniform Gifts to Minors Act. Any
remaining income and principal to which such person shall be
entitled shall be paid and distributed to such person upon the
termination of minority or incapacity.
ITEM XIV. PERSONAL REPRESENTATIVE: I appoint my wife,
PATRICIA A. SCHMIDT, Executrix of this my Last will and Testament.
Should she fail to qualify or cease to act in such capacity, I then
appoint DAUPHIN DEPOSIT BANK AND TRUST COMPANY, Harrisburg, Pennsylvania,
as Contingent Executor. In the event that a determination of whether
or not to make the election provided for in Item VI hereof is to
be made and if at that time my wife, PATRICIA A. SCHMIDT, is serving
as sole Executrix, I appoint DAUPHIN DEPOSIT BANK AND TRUST COMPANY,
Harrisburg, Pennsylvania, as Co-Executor for the purpose of making
that election. No bond shall be required of my personal representative
in any jurisdiction.
ITEM XV. POWERS: In addition to the powers given
by law to my personal representativels) and trusteels) [hereinafter
fiduciaries] in the administration of my estate and of the trustls)
created herein, they shall have the following discretionary powers
applicable to all real and personal property held by them, including
property held for minors, effective without court order until
actual distribution. (Words used in the singular may be read
to include the plural or the plural may be read as the singular.
Similarly, the masculine form may be read to include the feminine
and neuter: the feminine may be read to include the masculine
and neuter: and the neuter may be read to include the masculine
and feminine.)
~o;aid~m~ - ,~
- 8 -
.
,
,
,
.
I.
,
'.
,
A. To retain any property owned by me at my death
and to invest any funds held by them in any stocks, bonds, notes
or other securities or property, real or personal, it being my
intention to give them the broadest investment powers possible
within the limitations of the law.
B. To sell or otherwise dispose of any property, real
or personal, at any time forming a part of my estate or the 'rrust
estate, for cash or upon credit, in such manner and on such terms
as they see fit, and no one dealing with the fiduciarios shall
be bound to see to the application of any monies paid.
c. To manage, operate, repair, improve, mortgage or
lease for any term any real estate at any time held or ownod
by them as fiduciaries.
D. To hold investments in the name of a nominoe and
exercise and dispose of warrants.
E. To engage in litigation and compromise, arbitrate
or abandon claims and property.
F. To conduct any business in which I am engaged or
in which I have an interest at the time of my death, for Bueh
period as the fiduciaries deem advisable, with tho powor to borrow
money and to pledge the assets of the business and do all othor
acts, which I, in my lifetime, could have dona, or to dologato
such powers to a partner, manager or employoo, without liability
for any loss occurring therein.
G. To allocate items of receipt or diBbursement between
principal and income as the fiduciaries deom equitablo rogardless
of the character given such items by law/ to distributo in cash
or kind or partly in each at valuations fixed by the fiduciaries.
H. In general, to exercise all powers in the management
of the assets of my estate or the Trust estate which any individual
could exercise in the management of similar property ownod in
his own right, upon such terms and conditions as the fiduciaries
may deem best, and to execute and deliver all instrumonts and
~~ ----D ~>t'._Q.......-
Donald Schmidt
,
^
- 9 -
'.
.
.
\.
I.
.
.
.
,
to do all acts which the fiduciaries may deem necessary or proper
to carry out the purposes of this will or the Trust(s) created herein.
I. To apply income or principal to which any beneficiary
is entitled, directly for his or her comfort, maintenance and
support, should the fiduciaries deem such beneficiary incapable
of receiving the same by reason of age, illness, infirmity or
incapacity, or to pay the same to such person or persons as the
fiduciaries select to disburse it, whose receipt shall be a complete
acquittance therefore without the intervention of any guardian.
J. To assume continuance of the status of any beneficiary
with reference to death, marriage, divorce, illness, incapacity
or other change in the absence of information deemed reliable
without liability for disbursements made on such assumptions.
K. All principal and income shall, until actual distribution
to any beneficiary, be free of the debts, contracts, alienations
and anticipations of any beneficiary, and the same may not be
liable for any levy, attachment, execution or sequestration while
in the hands of any fiduciaries.
IN WITNESS WHEREOF, I have hereunto set my hand and
/ I'tt. do, of ,nl A'/ ' '989.
seal this
~ ~ ....:::5e"O........
~ D~~ald Schmidt
The preceding instrument, consisting of this and nine other typewritten
pages, identified by the signature of the testator, was on the
day and date thereof signed, published and declared by J. Donald
Schmidt,. e testat~erein named, as and for his last Will,
in the pr~ ce/ us, ho, at his request, in his presence and in
the prese of ea h~~C' subscribed our names as witnesses hereto.
/t:./C (. :2??- /U d 1\ (,0 J--f: lL-u,'L~~~&
I
L~ L q~J
2.'11 11. xkuri--d.....6t.) )J hg, P A
I /
- 10 -
, .
.
"
.
..
.
.
I,
:.
,
ACKNONLBDGMEN'l'
COlUo10NWE1\LTII OF PENNSYLVANIA
COUNTY OF DAUPIIIN
.
.
SS:
:
I, J. DONALD SCHMIDT , testator whose
name is signed to the attached or foregoing instrument, having been
duly qualified according to law, do hereby ackno\~ledge that I
signed and executed the instrument as my last IHll, that I signed
it willingly, and tha~ I signed it as my free and voluntary act
for the purposes therein expressed.
~""~.&Q.
. Donald Schmidt
(
,..~
Sworn or affirmed to and acknowledged befor~_me, by
J. Donald Schmidt , testator , this / I ~ day of
'/?f'7/" , 19-.!!.2.....
1-/.." JI ...x1 j '.J!
Nbt!.a~ublilj I
Hy Commission
Expires:
f. ----.--.., .. ._,.... "'- -...
"-\.;' . . I
, I
, '.' :" ',<, '.' " " < . I
I I OJ, . f.'..
! o. ~__ '._ _,' . .', 1 \'.. '
, ~- -- ""'~'___'a_._,,_._......:... _..__J
AFFIDAVIT
COl~10NIf.E1\LTH OF PENNSYLVANIA
COUNTY OF DAUPHIN
.
.
SS:
We, KICnord L. {J/auLI ond Linc(t<. L. QL<~l7n
, the/wi~nesses 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 testat or sign and execute the instrument as his last
Will; that he signed willingly and that he executed it as his free
and voluntary act for the purposes therein expressed; that each of
us in the hearing and sight of the testator signed the IHll as
witnesses; and that to the best of our knowledge the testator was
at that time 18 or more years of age, of sound m.irtarynd under no
con"raint or undue infiuence. .? . , ~c ""
L Vx.rLo..- L. (l ~ f) u'~
SWin to and
/~. Ai/
subscribed before me this I I~ay of
, 19~.
!-h-tk -<J, Ii ul/" "'
~otary fUblic ' I
I
My Commission Expires:'
,
y
SBARS
SIX NBSHAMINY INTERPLBX
TRBVOSB, PA 19053
(800) 347-8414
JUly 13, 1995
ESTATE OF
J Donald Schmidt
FILE#
21-95-447
Enter the claim of
SEARS
937.73
, against the above
in the amount of $
entitled estate.
The decedent, who resided at 5001 Firethorn Ln
(street address)
Mechanicsburg PA 17055
Died on
05-31-94
(Date)
given to
written notice of said claim was
Patricia Schmidt
(personal representative, or his
counsel)
known to claimant, at 5001 Firethorn Ln
(street address)
Mechanicsburg PA 17055 on 07-~~-95.
(date)
R~rt;~
PROBAT SPECIALIST
-r:j t/:
r"J
~:"
';.:.-:(
~ f.j_
'"
'"
~ ,
L':'1
:..::,
--=
<.. .\
cgn:
i
I
l1'l
p,
J~
-::>
UU
'i.,.",~i.fr.
- '.
":'~ ;:-! '.~'i t~ l'::~. B t~ "I.:: :ttlH :r-.' t~ t.~ ,.~,::.;;~ tr~:r: ,n."t: 'tr ::;,;;~ n: :", 1;.: t'; I1'l :"; :;:t ~~" ,~. "'!::~ H .:-::::
07/13/95 091301~S
Nf~Xi. 1:::1:.;,
II To :jell
01 " !lli'\Tt:MJ;N'1 UIJf1HAlIY AU OF ()lo/:!;;;."1:)
,", WOO:l. '.~ POOl:
1 elF
'I
Account Nu.bGr~~' ~4 04101 79022 2
Uti.l!>r-inl 1~~IW)
!:l;
::~ :t,,;, .'1 :.J' tl l~ :: 111 ';llJ; l;' ':1 '.;! .~:;:; ~t r-.;; t;:; I;'l:;:; :n:::;; 1;; i~: <:'1 ~1 t~ fl; "''; ~1~: ,,:'; ::, ,~, 1.', ".; fi.l., l,;: ::, ;,~! t.;: t:, 't.;
!':l :.~ ~~ m ',A~;~ I:': r.:: \,: t I,' J,;;:- tl;::~" tti .!;:1 10= ttl C:! 1:1 r;~ 1":11::1 ct' lJI :;:'1 rt; l;~ t~II;J r~; I., ;:::; :~, .:;. ::;'
Namlf'
(\{ldl'(Jo~aU
,) ilONA/. 0 f:lCllflI IlT
~'iOOl nW:TIlClRN I..N
f;i~ln Out
Cr'ti!dit Unit
nce'!. T.Yp€,' ,
fl41.1
SC
City / !H.,1.e
Zip Coda
Mt:CHANrcSIlO PA
170:m-4D06
___M._.__'.'__________________~,__.,~___:____________~,h.__~__~._________~_______".______~".
PrQViaUill D"l"nc~
Tnl.ll Pnymnnl!j.
1'" '1.;" Clltll'!je$
To ttll CrlJdit$
Finiln(:~' Char9c~
NCi>IJ 13..,1.,11<:1,
Millilhllln Due
Oil to On t t!
0.,1.<. of C:/ulI'!Jem
AU
970.30
<16.00
,00
,00
1:3,43
'187 i7:J
47.00
I 07/24/95
A. 0, l~. Iltl
o\l(~r $0.00
Available Credit
I NONe:
OI;:N Add!'€!!ilI'l
-6HESH INTRPLX 1425
TllEvm:r,: I'll ,19()t'i~I'.'()',0'7
,!3tat.tJlll<;lntIII'lllil'Y I
(000) 3<177"841-1
M.~ F97"9BAT 9-6 E1'
HOII, Ratf.! 11.0,0,
, 1 , ~JOO 's"e; . 1()
Total
fin ell!J
1:3 I 4::~
U3,48
A.P. /l,
1 (0 ,()O
.
. ~'''''''''''.''::l1:
,
...
~
~
CERTIPICATION OP NOTICE UNDER RULB 5.6(a)
Name of Decedent:
J. Donald Schmidt
Date of Death:
Will No.
2195-0447
To the Register:
I certify that notice of beneficial interest required by
Rule 5.6(a) of the Orphans' Court Rules was served on or mailed to
the beneficiary(ies) set forth on the attached list on
Auqust 15. 1995 .
Notice has now been given to all persons entitled thereto under
Rule 5.6Ia) except No exce tions
Date August 15, 1995
Name
Place.y
Address 200 N. 3rd St., P.O. Box 99
Harrisburq, PA 17108
Telephone
In7 )236-9577
Capacity:
Personal Representative
Counsel for personal representative
x
r-
1~~
;~o_
'.-
n (.)
Ch
1 ~:;;
. "
\0
~
c. *.
tj U\
(JJC'c
a:-
!5
-=:
;-;
Il
.- [-
Iii :3
U(J
tfl
~,
ERI
ESTATE RECOVERIES, INC,
P U IlUX ~\1~\Ul
511~) I f.^I,If(JRD 1,'Ul\[)
IlAI1IMOril.l.1/,I.'YINJD ~':'I,1
(.110).14,\ RfJi~ _lA, NO (,110) .1;>1, ,\1)';1
November 27, 1995
Register of Wills for Cumberland County
CUmberland County Courthouse
1 Courthouse Square
Carlisle, PA 17013-3387
RE: Estate of J. Donald
Schmidt, deceased.
Our File#: SAX-07981
Estate #: 21-95-447
Dear Sir:
Enclosed please find our claim concerning the above
captioned estate which is being filed on behalf of American
Express, a creditor. A copy of the claim has been submitted to
Patricia A. Schmidt, Personal Representative.
If you have any questions concerning the attached claim,
plase do not hesitate to contact this office.
l;t?~~~:lr. jb
IX; E, TITUS
KET: tm
Enclosure
on
~ ,;':
,,~
:7.1
,-1r,
1,_,
'.,'
,'j' '.1
STATE OF PENNSYLVANIA
IN THE MATTER OF
ESTATE OF:
J. DONALD SCHMIDT
IN THE ORPHANS COURT
OF CUMBERLAND COUNTY
ESTATE *: 21-95-447
STATEMENT OF CLAIM
1. The creditor, American Express, certifies that there
is due and owing by J. DONALD SCHMIDT, deceased, the sum of NINE
HUNDRED EIGHTY-EIGHT DOLLARS AND FIFTY-TWO CENTS ($988.52).
2. The nature of the claim is a Personal Card account
number 371129965361007.
3. The name and address of the claimant is: American
Express, 200 Vesey Street, New York, New York 10285-3830.
4. The name and address of the claimant's agent is:
KAREN E. TITUS, Estate Recoveries, Inc., P. O. Box 24566,
Baltimore, Maryland 21214.
5. This claim is not contingent and is not secured by
any liens or judgments and the last payment was made on May 10,
1995 in the amount of $531.36.
6. The balance represents an accumulation of charges as
posted to the account number described above.
On behalf of American Express, creditor, I do solemnly declare
and affirm under the penalties of perjury that the information in
the foregoing claim is true and correct to the best of my
knowledge, information and belief. ~L r. ~
KAREN E. TITUS
Estate Recoveries, Inc.
P. O. Box 24566
Baltimore, Maryland 21214
(410) 444-8022
C)C,
State of Maryland, County of Baltimore: " ,. "
IN WITNESS WHEREOF, I hereunto set my and and Notariaf
27th day of November, 1995. '
My Commissi
30, 1996.
"
~
Cumberland
,IN THE COURT OF COMMON PLEAS OF COUNTY, PENNSYLVANIA
ORPHANS' COURT DIVISION
* * *
File No. 21-95-447
Estate of
J. Donald Schmidt
_' Deceased
* * *
NOTICE OF CLAIM by. American Express
Filed Pursuant to Section 3532 (b) (2) of the Probate, Estate,
and Fiduciary Code, 20 Pa. C.S.A, ~3532 (b) (2),
.
To the Clerk of the Orphans' Court Division:
Enter the clai~ of Karen E. Titus, AGent for American Express
(Claimant)
in' the amount of 5 988.52
. against the above entitled
estate. The Decedent, who resided at
5001 Firethorn Lane,
(Street Address)
C~bet~and County,
Mechanicsburq, PA
17055
( City)
May 31, 1995
(Date)
Writt~n notice
Pennsylvania, died on
of said claim w,as given to Patricia A. Schmidt
(Personal Representntive, or
If known to claim~nt. at
his Counsel)
5001 Firethorn Lane, Mechanicsburg, PA1705~ on November 27, '1995
(Address) ,~. ' (Date)
~ f A;;I:zu; , Claimant
Karen E. Titus, Agent
P.O. Box 24566, Baltimore, MD 21214
(Address )
Claimant's Counsel:
(Address)
Statement of Account
5 0005/0025
TERMS. PAYABLE IN FULL UPON RECEIPT OF STATEMENT,
'-"'-'002042
...
04 2
ACCOUIlI Numb..,
Clo,lllll 011111
MlllhtH.l1II Alnounl DUll
$559.36
3711-299653-61007
04-11-95
J DONALD SCHMIDT
5001 FIRETHORN LN
MECHANICSBURG PA 17055-4806
MAIL PAYMENT TO.
AMERICAN EXPRESS
P.O. BOX 1270
NEWARK NJ 07101-1270
111."1,.,1",1111,.""11,,,11,,1,11,,.111,..1.1,,1,1",,11.1
11299bS3b2 DDDSS93bDDDDS313b1
Summary of Account
C.rdmembtt' Namo
Account Number
CIolino Dale
04-1\-95
J DONALD SCHMIDT
3711-299653-61007
For fast balanco and paymontlnformntion. call our automated service line at
1.800.292.AMEX using a touch tons phone, Plenso havo your account number roady,
If you have a quosllen aboul your accounl. call 1-800.528.4800 (24 hoursf7 days),
Pagel 013
$531.36
,
I SlonATravlll jMllllmumAmounfoueIA.OI' .
Mmlmum PlIymllnllOj
$26.00 $559.36 "
PII,vlous Card Balance
$176.66
Arne'" Rei, No. lIemNo
B35093-0
501076-1 001
501065-1 002
501089-1 003
501091-1 004
501101-1 005
I Card Paymenl"'Cllldll' I New tOlld CharOn I
$176.65 $531.35
New enrd DalanceCA)
Listing of Chargas and Credits
207.65 PVMT RECVO - THANK YOU 04/03
29.00 APPLIED TO SIGN & TRAVEL
Clung..
PA
03/16/95
PA
03/24/95
PA
03/29/95
PA
03/31/95
PA
04/10/95
THEO'S BAR & GRILLE CAMP HILL
001364747 FOOO/BEVERAGE
GIGANTE CAMP HILL
0000-0325 FOOO/BEVERAGE
HOLIOAV INN PITTSBURGH
03290446 LODGING
THEO'S BAR & GRILLE CAMP HILL
001514914 FOOO/BEVERAGE
HOLIDAY INN PITTSBURGH
04100318 LOOGING
42.29
45.83
379.24
26,55
35.45
ACCOUNT TOTAL
$531 .36
--.-"1
C,edilS
176.65
\
~
I
,/
$176.65
.2
OOIOZ
112L 6 I
.carda
.
-- --~_.^--
,"'-
Ca.dmflmber N,un.
Account Number
Closing Dale P,g, 3 01 3
ARAOO2042 '
...
J DONALD SCHMIDT
3711-299653-81007 04-11-95
02
7
0007/0026
I TEll 0>>
tG.IOAY ItIt
P.
S3~.'&
PI TtSOl101
(.._."u~....
o.....C.....
....._,,,. """.I'C_
31.1-199&.13.81001
01 10 95
OAllJO..lIfl 00
......'111_,--' _ ~...I...
.aIDAl IPfl PITf~ PA
..... .....
j
I ~
,
"1
I
ARRIVAL DAlE
ll'/10/9l\
Of.PAAl~E DATE
0A/11/95
I
>1
'~'i
~UJ
.." i
:'11
V'l'
~~~1"
,;,;:
'-'i"" ,
".;.;
t?ij
t(
m,'
.~.
j$,<~
~j~'-
~~1
ii1f~-
Ii
'>< '!
1t~; .
':''-:t.
~":.i-
~..i
~-\ .J
HI
M
;'j
''''
"'.
'>1
Sit' 2310301020
torAl.
......
.-.
$36.46
-.\
,,:.
Oc'
,
..
,
,
i
j
,\
"
'.
j,
!
,
"
,
I
\
\
\
,
.
I
\
~
I
I
j
I
"
~' .
I
I
I
~j
,
I
I
Statement of Account
05 2
o 0010/0025
TERMS. PAYABLE IN FULL UPON RECEIPT OF STATEMENT,
AummlNllltll)ll1
ClntolfluOlllfl
MInimum Amounl Du.
3711-299653-61007
05-1'-95
$26.00
J DONALD SCHMIDT
5001 FIRETHDRN LN
MECHANICSBURG PA 17055-4806
MAIL PAVMENT TO.
AMERICAN EXPRESS
P.O. BOX 1270
NEWARK NJ 0710'-1270
111.,.1,.,1".1111".."11,,,11.,1,11...111,..1.1,,1.'.",11,1
:'
11299b53b2 OODD28DOODDOODD008
[,
Summary of Account
Caldm.mbltl Nam.
CIo11noo..le
05-11-85
Accounf Numh.r
3711-288653-6'007
I
I
i
,
I
I Siun & Travel I Minimum Amount Duel" . 0) I
Mlnlmllm PayrnenllOI
126.001 $26.00 :,
,
J DONALD SCHMIDT
For fsst bslsnco and paymenllnlo.mallon. call our sutomalod sorvlco IIno at
'.800.202,AMEX using a louch tone phono, Ploaso havo your account numbor roady.
If you havo a quos lion sbout your accounl, csll 1.800.528.4800 (24 hoursi7 daysl,
PI')I I 01 2
P,evlOUI C.,d D<1I;ance
I Card Paymenf.'Cflldlll I New COItJ Chlllges I
$531.36 $ ,00
Ne. tilld Do1lo1nCft 1"1
$631.36
$.00
Amltx R.I. No U.m No, Listing of Chargos nnd Crodlls
Charon
Cledlls
835130-0
559.36 PYMT RECVO - THANK VOU 05/10
28.00 APPLIED TO SIGN & TRAVEL
531.36
ACCOUNT TOTAL
$.00
$631.36
;j
:i
f
I
0/
001 OZ.
112L 045181
Froquont TravolorsooEnrollln tho Momborshlp Milos" program and havo all YOllr purchasos oem
program milos, Milos can bo rodoomod In the lrequoncy programs 01 soversl malor airllnos and
hotols, and lor a varloty of Vacation Awards, ThoS25 annual program 100 Is walvod lor your lirsl
yoar 01 enrollmonl,
. .
.carda
.
"
AccnulIl Nunlhel
CIU,lIlg Ilall! r.gft I lit ,
J DOUALD SCHMIDT
371\-299663-61007 06-\1-96
./
23:1&
0011/0025
Statement of Sign & Travel~Account
tiAVE YOUR TRAVEL AGENT TYPE OR KEY "E" FOR SIGN & TRAVEL,
Accotlnl No:
3711-299653-61007
FlIlnntd ClwUtl Schudulo
na'ancel.111I Which I "'VIIIOglI I Dall)'
Rolli AIlPlitt. Dllil)' Dalance Pt'lIlll1iC Ralft
ALL 1007,12 .0463%
Crodllor: AMERICAN D.llnE6S CENTUI110N HANK CIotlU1U Onto: 05-11-95
P""o'O:~~;",'91---- --po~o;~~;;~c;~~~--T--N.'.-o.;;;.:~- . r -FINANCE f~~~~E-'T-- --N,. u:;;~86. 62 '
RII""ftIlCe IIlIm --PC;lhlU -~'~k)~~;rl~;';;.u.t7~-;-~ ~~ ------- ~ ~~.~ .~---.----]. -. .~ch;;u~l-- CI~I"
Nurnbfll No Oall'
836130-1 06/10 PAVMENT RECEIVED - THANK VOU 26.00
ANNUAL r----~pn~'llrll~~tltl.
PERCENTAGE ""..1 Due "'mOlIllI lln. Mllnllf, Pllrlll"lIl
RATE
17.65% .00 26.00
pnynl(1Il1 Duo Dalo 06-0S-95
Minimum
Payment ~
$26.00
Amendment to Minimum Pavmenl Torml Importanl sign & Travel Accounllnto,matlon
P,IOf 10 Januaf)' 1, IU90, Ih.Slgn' Tlavl'l Accounl AUINHnenlllhfl' A{llf'IIrIlfltll'j IIlflUl'"'' n ~,nlmllm I'iJyml!tll 01 tl~"lh ullhe Nfl'" Uill"IlU'1I1 YO\ll 61{Jn" TI/lVI'I
"'ccounl, bUI nollonlhan 120 Ot 110ft Mille Nft'" DalarlclI 111ft" Iholl 120 Allfl anualY I, 1990, Ilia AglHmallll' QIl>ttlldlld 10 11II11I1r" Q Mlnimllltl'U.' 'I'",enII111136Ih tll
Ihe Nit'" Balance, but nol Ie.. Ihan no Of lhe enU,e New OalanCIIIII,",I IhO)n 20, II you "'lib, rou can alway.,...y mOfe Ihan Ihe Minimum Paym""1
Finance Cherce
To calcul,lllllhe Flllance Chalge, WII nlulllrly Ihe Dillly Pflflol!lc Rilla hy Iha "'Verilge Dally Dalancfl dUllng Ihll hllhnQ '",1100 111M Wit mulliply Ih, product "r.,h.
numbef 01 days In the blllIno cycle TOJ'e, Ihe AVfllage Doil)' Bulance, wela~.lhlt begmnu,-" botallclI ot the SIOIl 4 1'lftvel ACCOUlllllftcb day, .dd ell)' new it on a
Tlanl Charg", and accrulld and unpal Fmanefl Ch~1I0"'IOllcePI'"th FIn.1IC1I CI,atgel will 1'101 be Included 101le,ldllllUi 01 CO...... ME" NC and PRI, and .ubltptt an)'
.'lmenlS Of Cledl" Thfln WII .dd up lhll dally balanCtt 101 lhtt bllhnO peliod anti dlvldellY Ihll numbt" 01 dll)'Sln Ihellllllng 1IlIIIud TI..s glVIt' u. the "'vel,OI Dail)'
Oa ance. This melhod 01 compulllllon 01 the ,AYlttagfl Dally Balance rfllulll In comlK)Und Inlfllfl" lellJ;ltI)IIOf IItSluenl. 01 CD. I"', ME, NC and PAl
paymenta
Mall r.OUf parmllnl in lint enclo'fld flnvelope or 10 Ihe addlfln IOf parnlenl.li.led on lhe bat" 01 YOUI Caltl "CCllunl .Ialflm,.nl RlImemtMtI. rOUt paymenl flath monlh
.hou d be 10' 411 Iflll.1Ihe Mmimum Amounl Due 0' Ihe TOlol "moulll Due, whichever nppeall on Ih. Cllfd ACCOlml Slalemenl Enhfl' amoulI Include, Ih. SlQlI' l'llyel
Minimum Paymflnl .hown llbovll and Ihll baloncfl dUll on YOllI Cald Accounl II YOll wnllllo po... ",olelhan Ihe Mmimum Pa)'menllup 10 llie "nil'. SIgn 6 TlavlIl Nllw
Dotolleel, mo-"e YOlll paymenl10llhe a'Ii'" amounl and 1he ellce.. wtll be i1pphiffi 10 YOUl Slon a Tlovel Accounl
How 10 avoid additional Flnence Charoa
You have Ihe IIOhllo pay Ihe enlite New Balance 01 YOllr Stgn 6Tlavel"'ccounl 01 any lime wtlhoul ~naIlY. No fillanee ChalOlt Will be .IIellfld In "".Y bUlinO peliod In
which Ihele 0111 no new 6ign A 1lavel Charoe..and ~)'tnflllls 01 CfNlII. lecfllve\J beloftt Ihe Paymflnt Due Dille flqual at e_ceed Ihe prllvlou. hal.nce TIle P,ymenl Due
Dalfll. 25 day. allftllhfl CiOlino Dall 01 Hie 61gn A T'avel SlolfltTlfml
Finance CharGe Inlormallon tor Certllln Cerdmembe'l
11111 a. 01 &1301ltfthe c,etUlor 10' youI Sign A 1ravel Accounl was nol "'mflico1ll hpllln ClInlmllln Dan" and you have nollheleallll' ,educed you. Slon A T..vlll....ccounl
to ZlItO \"Sp'!!:lIled Accounl'"I and Ih) 0 S.gn a l'OYIII Chaloe hat nnl bflen po.lt'd 10 1011I 6pDClheft AccOIIIII on 0' all!!! 11t'1I8 19'1118 lot 1I111It'O "dd,".e. in I'" and NJ,
1011188 a! CO and OKl 121111I8 10' ID, KG, and WY, 6'1189 101 WI!, thfln 1111 no addl!lonll Fm.llef! ChalOtt Will be auoIIl>tlll you pil)' Ihfl flntil. New Dal,nu bllot' the
Paymenl Due Dole ana Iyl no flnanca Chalg' Will be .IIened In IIny bIlling IMltlod In which Ihelel. no p.flYIOU, billanco
BillinG Inqulrlel
FOI alrbllllna-,nqultie. cOllclllnino YOUI Sign a Tlllvel Acc01lnll conlact "'metican bplen, Cullomfll 5e,vlce Dttpaftmenlj'17 """ll\lIean bplellway, fl. hudllldale,
Flolida 33337 01 1.800,528,"1100. Seelhll tevetn ,tdll ollhe 1111 plloe 01 YOUf COld Accounl ".Iement 101 .ddlliOnallll olm.llon r:onclllhltIfJ bllhng InquttlttS
i
I
I
I
I
I
I
I
I
I
I
!'
i
I
I
~
i
,
"
Statement of Account
06 2
0014/0025
TERMS. PAYABLE IN FULL UPON RECEIPT OF STATEMENT.
AITtlunlNumtlfl'
Cln,ill\JOillfl
Mllmnurn AmOlllll Due
3711-299653-61007
06-10-95
$56.00
J OONALD SCHMIDT
5001 FIRETHORN LN
MECHANICSBURG PA 17055-4B06
MAIL PAVMENT TO.
AMERICAN EXPRESS
P.O. BOX 1270
NEWARK NJ 07101-1270
111",1",'",1111."".11",11..1,11.,,111.,,1.1,.1,1",,11,1
1129965362 ODDD56DDDDDDODDDD3
Summary of Account
Ca,dmembe, N.un.
Ar;COlllIlNmnlwt
3711-299653-81007
Clollng Dale
08-10-95
J DONALD SCHMIDT
For fast balance and payment Information. call our automated sorvlco line sl
1.800.292.AMEX using a touch tone phono. Please havo your account number ready,
II you hsvo a quostlon about your account. call 1.800.528-4800 (24 hoursl7 days),
Previous ~Id Dalance
,
i
I
i
I
I SlgnAT'Dvel IMmimumAlnounloufllA.OI I
MInimum PayrnenllO, .
$56.00 $66.00 i
Paoe , 01 2
I Cord P/lymtlnl&'Cllldlls I New Card ChiUgH I
$.00 $.00
New Card Balance tAl
$.00
$,00
Amell ReI, No. lI.m No. Lisbng 01 Charges and Credits
CharGes
Cledl11
i
~
,I
w,
0010Z
112145 I
~ .
How can you relax In Maul whon your baggago Is In Maine? By enrolling In the 8aggage Dolay and Loss
Protection Plsn' and charging schoduled airllno tickots to your onrollod Card accounll Then your
baggage can bo protectod against dolay, loss or darnago, For details, call 1.800.638-6125,
'Pollcy AX0508 Is undorwrlllen by AMEX Assuranco, Admlnlstratlvo Office, Greon Bay, WI. Covorago
subject to Torms. Ccndillons & Exclusions 01 tho Policy.
.carda
.
Statement of Account
ARAOO;038
lIoa
8 0018/0025
07 2
TERMS. PAYABLE IN FULL UPON flECEIPT OF STATEMENT,
AttUUIIINurt'IIfI'
Clll\lllg()j1le
MllIIlllUIIl AmUlml 0110
3711-288883-81007
07-11-86
$202.80
J DONALO SCHMIDT
5001 FJRETHORN LN
MECHANICSBURO PA 17055-4806
MAIL PAVMENT TO.
AMER I CAN EXPRESS
P.O, BOX 1270
NEWARK NJ 07101-1270
111",1",1."1111,.""11",11.,1,11,,,111,,,1,1,,1.1,.,.11,1
I
~
11299b53b2 0002D29DOD0011?9DO
j
,
$117.80
i
I
I
I
I
i
I
I
,
/61011 & lravel I Minimum "mounl Ou. fA. 01 ~
Mlnlmmn Payment IDI j
$86.00 $202,80 i
I
Closing Ollie
07-11-88
Summary of Account
Cordmember Name
J DONALD SCHMIDT
Accollnl NUlnber
3711-299863-61007
j
"
For fast balanco and paymontlnlormalion, call our automstod sorvlco IIna at
1.800.292.AMEX using a touch lone phone, Please have your accounl number roady.
II you havo a question sbout your account, call 1.800.528,4800 (24 hours,7 dsys),
PAOli 1 01 2
, J
PreVIOUI Card BAlanu
$.00
I Card Payments, Credits I Ne" Card Charon I
$.00 $117.80
New Card O.lance (A)
Am.. Rei, No, lIem No liStinn of Chargos and Crodlts
Choro..
Cred'll
"
I
501172-2
001
J. CREW L VNCH8URG VA
950619314 MAIL ORDER 950619314001 06/21/95
117.90
ACCOUNT TOTAL
$117.80
$.00
I
j
,
I
I
I
I
.,
~ .
00102
II 3L"L I
.carda
o
C..,tll""lIlh.., NIlIIW
Au:uUIlI ""1111I1...1
(;111\11'0 (l,II" '.010" ~ ul 2
J OONAL 0 SCHM lOT
3711-299663-61007 07-11-96
.?
3
00 I 9/0025
Statement 01 Sign & Travelo!>Accounl
VOUR SION & TRAVEL ACCOUNT IS SERIOUSLY PAST DUE
3711-299653-61007
ACl:OUIII No'
Crod,lor: M.tmICM.., [XPUESS CE:NWUION IMNK CIOSlI1U Dnlu: 07- 1 '''05
~~~I";''';'': ~;;'jJ;~~- -=-"'~:'~'~:~9~ ~~~L~~~-~'~c,-,;;u:,~~__ L_ .~~A~CEf~~~~~~J~=~~':~:";~~1 ~~ I 8-
n"II"fOIIC" 1I''''['O\UI1\1 OtIUtlIJll111l1l1 TI/Ul\IUIIUIl C/""'I'" Ct"tJll'
NIIIIII"" No DIl'1I
FmnnclI ChmUlI 5r.hudultl ANNUAL J
Dal<lllcf"j\lln Which I A"'tfdUII I Odlly PERC ENTAGE1
"BIt' Allllh..s Ddlly OAld"(8 rlllilldlC Hlile RATE
ALL 1010.77 .0517" 18,90"
MHlInlU", PilVIllllflllnclullu8
fl.l\1 DUll AIIIOU"I Till, Monlh's Paymfllll
PnVnllIfll Duo 0/110 06-05-95
56.00
Minimum
Payment ....
$85.00
29.00
Amendment 10 Minimum Paymont Term. ImponDnt Sign & Travel Accounllnlormnllon
ruOl 10 J~"l/jIlV 1. 10110. tht! Slun A Tr.,Vlll Al;l;!1U1I1 AU1I'lllTlllll11II1ll " Al"ftllllUlIII'l r"I1IJi,"d II Ml"imum POVrtlIlnl olt,74lh 011111I Nl!w Oalnl1rlllll yuur SIOII &
TIOlVl!1
Arcllu"" lIul lIul I,." Ihnn S"O Uf lilt! fI"llfr ""rlwllallJlICIlII lu" 1/"11I1 0, AIIllI nnt/alV 1,10110,11111 Aglftemflnlll amolldetJ 10 UIQuhOIl Minimum fHlymflnl 0111J61h 01
tll" '~ew DOIlallce, bul 1101 Ie" Ihall S"O 11'111. lmlilfl '~f1W Dnll'"co III.." Ihim S20 II VOU Wllh, you CDn OIWilVS poy mO'f'lhOln Ih.. MmlmUln Pllymenl,
Finance Charae
To ealeulale thll FlnQ"co Chlllgll, WII 11lOlIll"llhll DllIly Pllllot11c Ro1lr hy Ihft AVllrpoe Daily Oil/anclI dUlin{\ Iho bUlIllO period. Then WII mulUply Ihe producl by Ih"
numbe, 01 davs In Ihll hllllno cycle To III! I "' AVltllIUO Olllly U"lal1clI, WII I"~ft Ihll beginning bolllllee ollhp Sign & T'ovel Accounl each day, add ony ""w S(O" &
Tuwol ChIIO"S ond occmltd ,,",llmp',I! FlnOlIlU ChiHOllIIIIIICI!\11 such FUllmttl Chil'\leS WIll 1101 belncludml fOlIIl,ldflllls 01 COllA. ME, NC and PRI. G"d subl,acl OIlV
''"lmotl'' or. crrn:hll, Then WlIlIth. up Ihll dmly hulanc" 10' Ih" 1lII1Ilg IMtflntl amI dlv dfl by Ihe number 01 tlaYI in Ihe "II""'/,'Mtl od This glVllS UI Ihe AVl!fOgU Dally
B. ance Thll Itlolhod 01 CO'"llulallnn ollhfl AVl'ltrUIt DAily D.llllnclt '..,ulll III cUlnlKltmd l"hnllSllflllCflpllor fll'ldllnts 01 C ,lA, ME. NC and PRI,
Payment.
~~~~o:::, 'l:r~lel~~~~ :~: ~11~11~~~~ fI~I'::~~r,:' 8:,~~:~r.:~~::r~:~~r.,~lcrl~~~I~I:~~~v~~1 ~~r~l:,~ko~II~O~lt;,~:ll:;~t?~t~r~f~:'n':~rl 'Eft~~o:m~~nr~~I~I~~::'j~~ ;?J~ anfr~~1l1
Ml"lmutn P'Vtn"nl Ihown obove 8nd Ihflllalnnce dUD 011 your Cmd Aceounl. II VOll wOllllo ,)oy mo,elha" Ihe Minimum Paymolll(Up 10 Iho 1I"'''e Sion & Travel Nil.....
DalOlncpl. rna),e vou, JlaymltllllOl Ihe IIlIQ.II' Arnot'"l Alld lhll tllICIIU Will bl! applied 10 YOIII 510n'" Trav!!1 Accounl.
How to avoid adcUUonal Finance Charge
Ynu hove Ihll'lghllo pay Ihe ellUle Nflw Ualat.u tll your Sign & T'llvel ACcollnl 01 anv lImit Wllht'lUI/MtoaIlY. No Flnanell Cho'ge will bea"lIS$ed In any bltllllg pe,lod III
which Ihp'll nIB no new Slg" & h.lYlIl Chll'ges, and pOVITI,.nl, 01 Cledl." IIIcltl\tl'11 tMtIOllt Ihfl Pnymlln Dun Dale "qUill or 811Cflf'd IhelllflVIOUI balallce. Thll Paymllnl Du.
Dill" IS "6 dllys 011., 'hll CIOII"U Dule 01 tho 51011'" T'{lVItISI{llflllllltll
Finance Charge Inlormallon for Certain CnramembOl'l
11111 a. 016'301Uf Ihe CU,dllor lor VOllr Sion & TUlVfll Accounl Will nol AmtlflCIIII EllplOSl Celllutlon Dan" and vou have nOllhfl'811111.'I Inducod youl Slon & Trav./ Account
10:.'0 \'SIMtClIled AcCOtlnll'llllllllUlll Slttll" Tlllvel Chilltle hal 1I0t belln polllld 10 you, SPlIClfled AccolJnl 011 01 allo,71li8H 10/1,1:1810' billing addFl"U In IA nnd ""J,
10'1188 01 CO alld Ok1121'ltllI1m 10. KS. alld WY, ll'IIUD 101 WII, IhenllllllD nlllllllolla Fl"IlnC8 Ch.ug. Will be illlellfld II you pny Ihlllllllho New Dalance belorlllhe
Ply.menl Due DOl. anu IVI no Finonce Cha'on Will hn ilneut'd ili nllY blllmu pellod I" WhIch nUlIIII, 110 P'ftVIOtlS halanee
Bllllnalnqulrl..
For allbtllJllu Illqul,I., cOllc","I"O YOlll Slyn & TlIlvlII Accounli cllnlnCI Ametlcan EllfllltSl, CUslomll' Sorvlee DlIPArlmrml,777 All1ollcon EMplfluway. FI.loudfl'dalfl.
Flollda 33337 0' 1.I:IOQ,5..U.<lHOO, S"elhfllOVfllle ,Idp ollhe 1111 paOli 01 your Cotd Accounl slAlllmenllOl ilddlllonall" o,mOlioll conCflrnlng Ll1thng hlqulllell.
Ill'" 001
J eRn,
S1I7,90
lY"')~u'm
VA
"'._._N............ I)."..t..... ..,.......t... ...'...'c_
J711~l99653.6(OI3 06121/05 950619314 29
, PRIVILEGES UPDATE
""'''101'''''__''''''1'''',,,,
.
MIIl.A'I'I.AN'I'IC WIN~: P':S'I'IV AI.
J Cf;Ew L'rlDf)uRl1 VA
...,..".....
UAIL l)qDEn 95OtHOJI4001
IKle 'o\JV!lf,q 001010099
DATE: IIuoust II ' 13. 10(15
PLACE: II"nnflohs. MD
Tho 811t Annunl Mtd,AIIOllliG Wino FosllV/ll will 1m h(lld IIuuust 11 ' 13.a1
lito ^nnu IItllIlIJ", FlIIl{JrUUl1ds, IllSI nulsi!lu ul ^nnlljJolis Rl'coivo to'.
ull mlmisSllJll ",hUll YflU proSt'nllhl5 cOllilicnlu and pav with Iho COld
Fur inlOtmnliufl jllo050 cnll (410) 280.3306
51(" 2296704075
TO'.\
U'''~I
."'OUtIf
$117.90
Foaluflng products 01 winorios llnd miclO.hrowOIio5 horn sevon slolos,
AIlAQ(Jl0:t(l
Hno
~
I
.
<"
" it f
i1;
. U
II
1 .... 00
00
uu......
.. ~!r<;>
~ s ~
.!a8C1lg
~..,~<
01 0 ~
u ~ oJ
~ . -u;
.~ 8 '5
~u_u
.,~_. -.. -.-.' -"-..... ......~...
I
,
I
i
I
"
j
L
..
1!
N
$2
~~
f6;;
~~
~
.,
\\
(2
UJ
!~~
- ~.'
.- ... --.., _...
','It
....___n..: ~._~_'""_
,
.
......,
,
,
J
J
.
\\t
'j ,.,. 10
\
" .~.
p' ","
"f '
;~ \
I
~, ,~
'.;j
,,"" r ·
,.
'.
~
'.0., F I ~. f
'. '\ .. ,.
. . r......:; ..,\
"~' ~ ,"
\,,,
Y'.:
,.~
,
.,.
.t
J
t'
p,'
.
,
.
~,
"
,
-....,.......--
--,_~~_d ~ _ ~
r'... ,
~....-
1:J-~jX'-J3
.
U\<. 1500 EX. -17,QAI
. INSOLVENT"
(-
'OR OATIS O. DIATH AnlR 12/31191 CHICK HIli
II A SPOUSAL 0
POVIRTT CRIDIT IS CLAIMID
'ILl NUMllR
+ +
20, If Un. 19 I. gr.ot., .hon Un. 18, enter the diK.r,nc. on Un, 20. This blh. OVERPAYMENT.
aD
21. If Un. 18 I, grtol.r than Un. 19, ent.r Ih, diff,rencI on line 21, ThIlI,lh. TAX DUE.
A. Ent., th,ln',,," on ,h, balance due on lIn. 21A.
B. Enl.r lh, total of line 21 and 2' A on lint 21 B. Thl, II Ih, BALANCE DUE.
Mak. Ch.dl Payable tOI A.,I,'er of Will., Aglnt
~ ~ BE SURE TO ANSWER ALL QUESTIONS ON REVERSE SIDE AND TO RECHECK MATH -< --< ._
Under plnaltl., of perjury, I declar. tho' I hovI uomln.d thl, return, Including accompanying sch.dule. and Ilot.mlnls, and to Ih, b..t of my knowledgl and b.lief.
It I, truI, correct and compl.'t. I d.clar. Ihot all rial "101, hOl bltn "pOr1.a of Irut marhl value, Declaration of pr.par., o,her than th. p.nonol r'prlllntotiYI il
bOI.d on ollln'ormotlon of which p"por., ha. any ~nowlldg..
~IONAl . n.t~~NJ)l1:.~I.1 U ADDun CoP acey & Wright DAT~!
Ct"t.+c,.* x Box 99 Hb, PA 17108;2/J,') If-
.DD.... c/o Placey & Wright DAI.' I /
Box 99, Hog., PA 17108 .:,:) :;J.W/iJ'/
t I "/r:.
l!!
..:5"
ldflj
:Clj!9
"5'"
INHERITANCE TAX RETURN
RESIDENT DECEDENT
(TO BE FILED IN DUPLICATE
WITH REGISTER OF WILLS)
I
ld
..
COMMONWI!ALTH O. 'I!NNS't'LYANIA
DI!'AUMfNT 0' It!YI!NUf
om 21.60'
H"'UISlUItO. rA 1712I-060t
DIN' NAM" llA . I". AND MIDDlflNI tAli
SCHMIDT, J. Donald
SOCIAL lIeUlln NUMIU DAn o. DIAIH
DAn 0' IIITH
5001 Fircthorn Lane
Mechanicsburg, PA 17055
C~. Cumberland
AMOUNT lrellvlD IUI! INUIUCTIONII
21
COUNTY CODE
DleIDIN"S (UM'UlI! ADDIUS
95
YEAR
0447
NUMBER
200-24-2325
5/31/95
10/25/34
~OCIAL ueUlln Nrft ! I
208-24-
$634,263.34
o 3. Rlmolnd., R.turn
(lor dolt. a' doo,h prla,.a 12.13.821
o 5. fed.ral Eltot. Tallt R.turn Rlquired
t1' ""'I(.I.I-II"UIYIYIHQ .IOU"" HAM' lUll, '11"AHO"'IOOt' IHlllj,4
Schmidt, Patricia
I1'J I. O"gln.' RoIu,n
o 4. lImU.d Ella..
A.
:a8
....
..z
flle
o 2. Supplemlntol R.turn
o Aa, Future Inllrl.t Comproml..
(for dot.. of death oher 12.12.82)
~ 6, Dec.d.nt Ol.d Teatal. 0 7. Olclden' Molnlalnld a living Tru.t
(Anoch capy a' Willi (Anach capy a' Trulll
ALL CORRUPONDENCE ANDCONFlDINTlAL TAX INFORMAnON SHOULD II DIRECTID TOl" o;;';.:;;l.fl,... -'W' '
NAMI eOM'lUI MAIliNG ADDlUS
Richard L. P lacey, Esquire PLACEY & WRIGHT
"llI..01..HU...... 200 N. Third Street
..,:'c",";..:,
_8. Tolol Numb., of Safe O'POIU BOI..
7
z
c
5
g
u
w
..
I. ..... f._ (Sdoodul. AI ( I I
2. Sfoch and 110.. (5doo..... II ( 2 I
3. Oa..ly H.ld SIodUP.rtn......lp -... (Sdoodul. q ( 31
4. Martgog.. and Na... Roc.lv.bl. (5chodur. 01 (41
5. Ca.h, 8an~ Oepo.lI. & MbClllaneou. Plnonol Property ( 5 )
(Sch.dur. E)
6. J.ln~y Ownod Prop.rty (Sch.dul. FJ ( 6 I
7. Tron.f.n (Sch.dul. GI(Sch.dul. LI ( 7)
8. Total Gro.. A...,. (Iotal Un.. 1..7)
9. Fun.rol EJlp.n..s, Admlnbtlatlv. Ca.t., MI.cellon.ou. ( 9 J
Eo,.n... (5chodur. HI
10. Deb.., Motfgag. lIablll,I.., U.n. (5<h.dul. II (101
11. T o'al Oodudlan. (.alallln.. 9 & 101
12. N.t Value of E,'at. (Un. 8 minus Une 11)
13. Garitobl. and GOYlmmental Bequ..h ISchedul. J)
14. N.. Value Sub oct'a Too (lIno 12 mIou. Uno 13)
15. SpallOoI T,."""n If., dote. al death .k., 6-30.941
~. &..lInldiona fOf Applicable Percentog. on Rlv.,.. (15)
SOd., llndud. volu..lram 5th.dul. K ar Sch.dur. M,J
16, Amaun. cllIn. 14 '..obl. D' 6'1(, ,al. (16)
I'ndud. valu.. from Sch.dull K or Schldule M,)
17. Amount of L1n. ... laloble 01 15% roll (17)
(Includ. volu.. from sch.dul. K or Schldul. M,l
18, Prlnclpal tax due (Add lax from lIn.. 15, 16 and 17,)
19, C,.dill spou.al Poverty Credit Prior Pormlnll
Inl.,..t
6,000.00
18,179.41
206,607.12
(B I
6.000,00
224,786.53
-0-
(111
(121
(131
(14)
-0-
K.__
)( ,06.
)( ,15.
z
c
;::
g
..
..
c
..
S
(IB)
Dhcoun'
Chc[k h'IUC if you arc requesting a refund of your ovefpayment.
(191
(201
(211
(21AI
(218)
-0-
/
Act '48 of 1994 provide. for the reduction of the tax rat.. Impa.ed an the net value of transfer. to or for
the u.e of the .pau.e. The rate. a. prescribed by the .tatute will b.1
e 3% (,03) will be applicable for e.tate. of deced.nt. dying an or after 711/94 and befar. 1/1/96
e 2% (,02) will be applicable for e.tate. of deeed.nt. dying an or after 111/96 and before 111/97
e 1% (,01) will be applicable for estate. of decod.nt. dying on or after 111/97 and before 111/98
eSpousal transf.r. occurring on or after 1/1198 will b. exempt from Inheritance tax.
PLEASE ANSWER THE FOLLOWING QUESTIONS
BY PLACING A CHECK MARK (.....) IN THE APPROPRIATE BLOCKS.
YO NO
1. Old decedent make a tronaler and:
x
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. r.tain a reversionary In..rest; or ...................................................................................
d. receive the promise for life of either poyments, benefits or core' ..........................,....,.......
2. If death occurred on or before December 12, 1982, did decedent within two yeors preceding
death transfer properJY without receiving adequate conslderallan' If death occurred after
December 12, 1982, did decedent tronsfer property within one year of deoth without receiving
adequate consideration' ....... ................... 01111........................ to....... f'o ........... 0.1...... ........ ....
3. Old decedent own an 'In trust for', bank account at his or her d.ath'......................................
IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YESr
YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN.
l r
, .,'.',
x
x
x
x
: .'VIJII"~ (7""
ESTATE OF
ITEM
NUMBER
rt@;!-
COMMONWfALTH 0' PfNNIYlVANIA
INHfll:llANCf lAX UlUIIN
IIUIDfNlOfCfDfNl
SCHEDULE H
FUNERAL EXPENSES,
ADMINISTRATIVE COSTS AND
MISCELLANEOUS EXPENSES
Ploa.. Prlnl or T p'
FILE NUMBER
21-95-0447
J. DONALD SCHMIDT
DESCRIPTION
AMOUNT
A. Funeral Exp.n...,
1.
2.
Myers Funeral Home
Rolling Green Cemetery
$ 1,400.00
1,580.00
B. Admlnl.lratlvo Ca.I.,
A.
C.
1.
2.
3.
A.
5.
6.
7.
8.
I.
Pononal R'pnll.nlallve Comml..lon,
Social Securily Numblr of Penonol Rlprlllnlollvll
Voor Comml..lon, pold
N/A
2,
Placey & Wright
11,500.00
Attorney Fe..
3.
Family EXlmpllon
Clolmanl Patricia A, Schmilli!ollonlhlp Soouse
Add".. of Clolmanl 01 decedenl" dealh
St..el Add.... 5001 Firethorn Lane
City Mechanicsburq 51ale PA Zip CadI 17055
3,500.00
Probate Fe.. Cumberland County Register of wills
63.00
MI.ceUan.ou. Exp.n.e.,
Cumberland County Register of Wills - certified copy
of Will
Placey & Wright - reimb. of costs advanced
Cumberland Law Journal - est. adv. - $40.00
Patriot-News Company - est. adv. 62.71
UPS - express mail charge 9.50
Cumbo Co. Rec. of Deeds - mtg. sat. - 12.00
Reproduction 7.20
2.00
134.41
TOTAL (Alia enllr on linl 9, Rlcapltulallon)
(II more 'pace I, n..dld, In"'1 additional ,h..I, of ,om. ,I...)
5 18,179.41
---.- - "-'.._".
---
:"'''''''.I''''IW
COMMONW'A(JH 0' "NN,nVANIA
INHUIIANCI 'A. InUliN
l"IDIN' DIClDINI
ESTATE OF
ITEM
NUMBER
1.
2.
3.
4.
5.
6.
7.
B.
9.
10.
Ploa.. PrInt or TVpo
FILE NUMBER
21-95-0447
SCHEDULE I
DEBTS OF DECEDENT,
MORTGAGE LIABILITIES AND LIENS
J. DONALD SCHMIDT
DESCRIPTION
Capital Health Systems - debt of decedent
GE Card Services (MasterCard) - debt of decedent
American Express - debt of decedent
Capital One - debt of decedent
Craig A. Diehl, Esquire - debt of decedent
Sears - debt of decedent
Citibank MasterCard - debt of decedent
Installment Note due David G. Benson
Great Valley Savings Bank Mortgage dated 1/31/92
EDS Corporation, Wayne, PA, Mortgage
TOTAL IAho .nl., on IIn. 10, Rt'.opltulotlon)
(If more spac. js n..d.d, insert additional sh..ts o( same si~.:- ,J
AMOUNT
$ 195.05
212.99
988.52
5,559.76
451.25
937.73
1,956.36
25,000.00
50,000.00
121,305.46
i
I
I
I
!
I
I
I
I
,
I
I
,
I
,
I
I
!
,
, .
$206,607.12
REV.t649 1'.'(+ (lI9l)
*'
SCHEDULE 0
TRANSFERS TO SURVIVING SPOUSE
all....fWIA&:nl~ I'fH4'l'LVAMA
MtDlTANC'& TA.X U'1\II1I
""""".....-r
ESTATE OF
J. OON^LD 5CnHIOT
FU<<Numbtr
21-95-0447
PART A: Enter the daaiplion and value of ,II intcrcstJ. both L&X&blc and non-lUlblc. rcgudlesa ofloeation. (net of deduc.1ionl)
which &lito the deccdm1', IUrvivin. J Ie b will, mlest&l:y. OJ'ICflllon onaw. or otherwise,
Desen lion of Items
I 1908 oldsmobile Tornado
2.*Equitab1c Life Insurance Co. of Iowa - life
insurance policy U54872
3.*Prudcntia1 Insurance Co. of America - life
insurance policy E-Q001-030488, 065046, 47, 4
4.*Prudentia1 Insurance Co. of America - life
insurance policy GO-14273 - 253887
5.*HBL Life Assurance Corporation - life illsuranc
policy AL 103,535
6. Miscellaneous Personal Effects
Amount
$
6,000.00
248,263.34
40,000.00
115,000.00
225,000.00
No Value
(See Forms 712 attached)
Other items passing to surviving spouse by
operation of law or otherwise which are llontaxcb1e,
such as entireties property, are not reported.
Pan A ToIal: Enla'tho ~ahownOftthercapiWlatlonahcctlnlhc DH:tdent In(onnaUon S<<tIon..
Election To Subject Property To Tu Under Section 211J(A) As A Taxable Transfer By This Decedent.
If 'lrUIlouimi\ar~"""Ihe"'l"u..-..ofScdlon2113(^).and:
L TholrUllorlillli\ar~islisltd...Schedu"O.1I1d
b, Tho value arlbo lrUIl or aimiIar.........-ls cntcmIln """I. or in part u an..... on Schedul. 0,
thallhc.....r......pencnoI ~w mayspccilically IdentifY Ihe It\IIl (oil '" oliadlOl\&I portion '" pe<<<nU&.) '0 be Included In Ihe .Iection '0 law
auc:htnlllw.imiwpropcrtytrcaLcd AI. taxable truWtf in this aUlc, 1f leu than the entire yalue of the wit or limitar propertY 'I included a.I &
taxablo trmd'cr oa Sc:hcdWe O. the pcnonal rrpramtative ahall be (OftIidcmllo have mado the clcc;tlon only uto a fradion of the ln1St or similar amnaancnL
Tho nwncratorofthll hdion La equal tolho amount oClho tNJt ot .imitar amnlcmcn& indudtd u al.aX.lhlo IUd on Schedule 0, The dcnominalor is equal
to \hi total value of\he llUIt or limitar unneemmt.
ELECfIONI Do you ~Itct IIMfr Std10n 2113(A) to .,.... .. alaX.blt tranltrr I.a thb ntate aU or. portion or. tnul or IlmUar amu1crment
crt.tc4 ror ......101t 11M orthb dKrdrnt'llunivlnllPOUM .sUM. the I me Ipouse'l rnlln utrUmef
YES ~ NO D Slgna'u" ,tvc<;{;~." ",~lIk.. .')./')cJh~
Not.ellrthe ~lKdon appUn'o mort than ont .nut or IlmOar arnnlrmrnt.lhrn a "p.nte ronn mUll be Ilmrd an.s rtlttl.
Part B: Enlctthe dac:riplion and value otlll ina.msu. both IaXablc and non-tuablc. rcsudleu otloation. (nd ordcductions)
whim to lht dcadtnl'l lurvivinllpouN ror\W1ch a Section 11 13 (A) election i. bcinK made,
Desai lion of Items
I
Amount
*Items 2, 3, 4 and 5 described in Part ^ above
pass to Residuary Trust Under will of J.
Donald Schmidt dated May 11, 1989 (copy attach
Dauphin Deposit Bank and Trust Company, Carlis
PA, Trustee, and are the sole assets of the
Trust
d) ,
e,
$628,263.34
II . 4
PartUTOUI
,...... 712
[Rh, NovtmOef lfill
0Ipan~ 011"'- "...""
n,,"* A~ S-ot.
Decedent In.ured (To 8. Flied Wi1h Unlled Slates Ellate Tax Relurn. Form 706)
Decede",', hrst name and middle IMlal 2 Oececlnl" 1151 name 3 DICed!"I" sOCtalSecunty number
onal d Schmi dt (,I known) 200-24-2325
5 Name and address of Insuranc. compAny
EQUITABLE LIFE INSURANCE COMPANY OF IOWA
604 LOCUST ST, S I S 50309
a Type 0' POliCY
Eqpl US Li fe
Life Insurance Statement
OMU No, 1545-0021
Elpw., n.30.94
.. Oat. 01 death
5-31-95.
7 POlley numb.r
U548J2
II Owne,', naml. II decedent IS n01 owner,
plllSI aUacn copy of apphcallon.
D Dale ISSUed
10 AsSignor's name, PI'ISI attach
copy 01 assignment.
" Dill uSlgned
12
same
Vatu. at Ihe pohc;y at lh.
lime of assIgnment
4-25-89
15 Face amount of polley.
16 Indemnlly bsnefits .
17 Additional insurance
18 Other benefits.
19 Principal ot any Indebtedness to the company thai Is deduclible .n determining net proceeds.
20 Interest on Indebtedness Qtem 19) accrued to date of death
21 Amount of accumulated dividends.
22 Amount 01 post-mortem dividends.
23 Amount of returned premium
24 Amount at proceeds If payable In one sum .
25 Value of proceeds as of date of deeth (if not payable in one sum)
26 Polley provisions concerning deferred payments or Installments.
Note: If other than lump.sum settlement is aulhorized for a surviving spouse, please attach e copy of
the insurance ~olicy.
13 Amount of premium llee IOSlruchonl. 14 Name 01 beneficia""
330.00 monthly Dauphin Deposit Bank & Trust CO.. Trustee
s 250 000 00
s
s
S 1 . n,; ,;,;
27 Amount 01 Installments . , . . .
26 Date 01 birth, sex, and name of any person the duration 01 whose life mey measure the number 01 payments.
29 Amount applied by the insurance company as a single premium representin~ the pun:hase of
Installment benefits . ..., . . . . ,
30 Basis (mortality table and rats of interest) used by Insurer in valuing installmsnt benefits.
31 w~~ 'th~' i~~~;';d' ;h~ '~~~~',;~~;~; 'b;,'~~ii~i~~' ~f' ~~~. ~~~~I'~ ~~~;r~~; 'I~~~~' b~' ;h~ ~~;;'~~~~:i""""""'" 0 . 'y~'~'" n" N;;
32 Names 01 companies With which decodent carried other policies and amount of such policies If this Information" disclosed by your records,
................................................................................................................................................
................................................................................................................................................
SiQnatutl ...
Instructions
P.perwortc Reduction Act NoUce.-We ask for the inloonalion on
this tonn to carry oul the Intemal Revenue laws 01 the UOlted Slates.
You .ro let'fUirN to gtve us the informallon. We need It to ensure
thai you are comptvlng wittl these laws and to allow us to figure and
collect the nght amount of tax,
The lime needed to complete and lile Ihls form Will vary depending
on IndiVIdual Circumstances. The esllmated average lime is:
Form Recordk..plng Pn:paring the form
712 18 hIS" 2~ mln, 18 min.
If you have comments concerning the accuracy of these time
estimate' or sugoesllons fOt making Ihls form more Simple, we
WOUld be happy 10 he8r from you. You can wnte 10 bOth Ihe IRS and
en No
ranee compa"" ~..rft)'f cer1dlftS lhal thtS statemenl Nits lorVlll\l8 and CooK1 inlOt'TNlbon,
'The undersigned offeer 0
nil. . MANAGER, CLAIMS 0.1001 C.M"",loon . 7-19-95
It,. OffICe of Management and Budget 111M addresses listed In Ihe
InstructIons 01 the 1&It retum wilh which this form is meet DO NOT
send Ihe lax fonn to either of those otflces. Insteld. return It to the
execUlor or representative wf'lO requested IL
Stat.ment 0' Insure,,-Thls statement must be made, on behalf of
the InsuranCB company that ISSUed the po(icy, by an officer of the
company haVIng access to the records 01 the company, For purposes
of this statement, a facsimile slgnalure m;y be used In lieu of a
manual signalUte and if used, shall be binding as a manual signature.
Separlte Stat.menlS.-A separate statement must be med lor 81Ch
poliCY.
Line 13,-RePDn on line 13 the annual premium, not the cumulative
premium 10 dale of dealh. If death occurred aher the end or the
premIum period, report the last annual premium,
10170V Fatm 712 IRn 11,91)
Fo<m 712
(Rev. NovemtM, 19911
Department 01 thI rr....ury
Inlemal n.....nuo Sorw:.
Decedent-Insured To Be F,led Wllh Unlled Slalos Ta, ROlurn, Forrn 706
Decedent's IIrSI namo and middlo Inlhnl 2 Decadont's omnn 3 Docedont's social sucurlly nUiliiiOrl-4
John D. Schmidt (II known) 200-24-232~L
Name and address 01 insuranco company
Life Insurance Statement
5
The Prudenllallnsurance Company 01 America
6 Type 01 policy
Oat. 01 doalh
05-31-95
Group LiC ~
8 Owner's name, If docadenlls nol owner,
pleaso atlach copy 01 applicallon,
9 Dntu Issuod
7 Policy numbor
E-OOOI-030488. 065046, 47. 48
10 ASSignor's namo. Ploaso nUach 11 Date aSSIgned
copy of assignment
12 Value 01 tho policy allhe 13 Amount 01 premium (SOO Inslrucllons) 14 Name 01 bonoflclarles
lime 01 assignment
Grou Rn t.
.* See D.low
.00
-
.
31 Was tho Insured tho annuilanl or benefiCiary of cmy'annUlly canlracllssued by lho company? 0 Yes 0 No
32 Namos 01 companios with which decedenl earned olher policies and amounl 01 such poliCies II thIs mfolmnllon IS dIsclosed by your records
*"!l'n,triein A. ' Sclunidt ,nnd, Dauphin, DepoRt, Bank, & , Tz:unt, Co.,.'
,'!:rulltello. undoz: ,thl!, Jnlm, D. ,Selunidt ,Tf!oCamnntllry ,Trunt , ,
15
16
17
18
19
20
21
22
23
24
2S
26
Foce amount 01 policy,
IndomMy benems
AddItional insurance ,
Olhor bonol,ls ,
Principal 01 any Indebtedness to Ihe company thai IS dOductlble 1M delormmlng net proceeds,
Interest on indebtedness (lIem 19) accrued 10 dills 01 death
Amounl 01 accumulaled divldonds
Amount 01 post.manom d,vidonds ,
Amount 01 relurned premium.
Amount 01 proceeds I' payable in one sum.
Value 01 procoeds as 01 dale 01 doalh (,I not payablo In one sum) ,
Policy provisions concerning delerred payments or Inslallmenls. j~
Note: /I a/hor than lump-sum selllement IS authorized for a sU'Vlving spouse, p/oas;, a"ach a copy ol/he
insurance policy.
s
s
s
s
s
s
s
s
s
s
s
27
28
Amount 01 installments.
Date 01 birth, se)(. and namo of any person 1he durallon 01 whose hIe may measure the number 01 payments,
...,."...,.....,.....,...,.,..."., ..,.,...,..
....,..,.",.,.....,...,. ...,.,..,
29
Amount applied by the insurance company as a smgle premium ropresenting Ihe purchase of
i",laUmont bonems
BaSIS (mortality table and rate of interest) used by insurer In valuing installment benelits,
30
SlOnlllulO.
l'Jlle.
Tho undorslOnUd otlleor ollhe aboVB'ndmCd II1!ManCD company homby eorllllsl Ihallhls slalomsnl !oelS 101111 lrue and cOllocl tnlormllhon
If:
InstrucUons
Paperwork Reducllon ACI Notlce.-We ask for Iho in'ormation on
this form to carry out the Internal Revenue laws 01 tho United Sta105,
You are required to give us the Information, We neod it to ensure
thai you are complvip,gi with those laws and to allow us 10 ligure and
collecllherightamouni'ol'fii'x: ".", '" ."., .
Tho time needed to complole and file this 'arm will vary depending
on Individual circumstances. The eslimatod average timo is:
Form Recordkeeplng Preparing the lorm
712 18 hrs.. 25 min, 18 min.
If you have comments concernIng Ihe accuracv at those time
ostimates or suggestions lor making this form moro SImple. we
would bo happy to hear from you, You can Write 10 both the IRS and
Secretary 00110 01 COflllleo1llOfl1l 7-14-95
tho alllee 01 Management and Budget at tho addr05ses listed in the
inslruchons of tho tax return WIth which this form is filed. DO NOT
send tho lax lorm 10 ollher 01 these oUicos, Inslead. return it to the
executor or represontahvo who requested II.
Statement 01 Insurer.- This statement must bo made. on bohalf of
Ihe insurance company thai issued tho policy. by an offieor at tho
company haVing access to tho records 01 the company. For purposes
01 this statement. a facsimile signaturo maV bo used in lieu 0111
manual signaluro and il used. shall be bindmg as il manual signaluro,
Separate Stalemenls.-A separate slatemonl must be filed lor oach
policy,
Line 13.-Repor1 on hno 131ho annual premIum, nol the cumulallvo
premIum to dato 01 death, II death occurred altor the end 01 the
premIum period. report tho last annual plomlum,
, I
jh
form 712 lA.v 11911
.",..712
IR" No,._' '09'1 Life Insurance Statement
Department ot It'll TI..sury
Internal R"....ntJ. s.~
Decedent-Insured To 80 F,led Wilh United States Tax Roturn, Form 706
Docedont's IlTst name and mlddlo Inllial 2 Decedont's name 3 Decoden"s social security numbor
John D. Schmidt (il knewn) 200-24-2325
5 Name and address of Insuranco company
The PrudenUallnsurance Company of America
6 Typo 01 pohcy
7 Policy number
GO-14273 - 253887
11 Date assigned
Crou Lifo
8 Owner's nama, If decodentls not owner,
please BltOCh copy at applicatiOn,
9 Dale Issued
10 Assigno(s nams. PloDse aUach
copy 01 assignmont.
12 Value at tho policy altho 13 Amount 01 premium (see instructions) 14 Name at beneficiaries
limo 01 assignment
Crou Rate
""See Below
15 Face amount 01 pohcy,
16 Indemnity bene"ls
17 AddItional insurance '
16 Other benelils.
19 Pnnclpal 01 any indebtedness to Ihe company that is deductible in determining net proceeds,
20 Int....t on indebledness (,tom 19) accrued to dale 0' dealtt
21 AmCUlt 01 sccumulaled dividends
22 Amount 01 post. mortem d,vldends '
23 Amount ot returned premium,
24 Amount 01 proceeds if payable In one sum,
25 Value 01 proceeds es 01 date 01 death (II not payablo in one sum) ,
26 Policy provisions concerning deterred payments or installments. +
Note: II othe' than lump.sum semement is authorized 10' a surviving spouse. please al/ach a copy 01 the
insurance policy.
...',.....,... ,
.,..,..,....'. .
27 Amount of Installments.
28 Date or birth, sex, and name of any person the duration 01 whose lite may measure the number at payments.
.,...,..,.....,..,.. .
,...". ,.".....".........,.
"..,.,....,..,..... .
,.....,.,..,.,., ,."",..',..
29 Amou.nt applied by the insuranco company as a single premium representing the purchase of
InSlallment benelils
30 BaSIS (mortality table and rale 01 intoresll used by Insuror In valuing ,nslallment bene IllS,
4 Dalo 01 dealh
05-31-95
$
$
$
$
$
$
$
$
$
$
$
rJ
, , . , . , , , , , . , , ,
. . , . , . . , . . . . , , , , , . . . , . . , , , . , , ,
31 Was the insured the annuitant or bone"ciery 01 eny annuity conlract issued by the company? 0 Vos 0 No
32 Names 01 companIes wilh which docodent carried olher policies and omount at such policies ilthis Inlormatlon Is disclosed by your records
"''''r!,t<::I,c,i!1.It.., ,S,e!lm.1-<!t, !l!1d ,Qn,up!lin ,D,up!,r,1it, .B!,n~ ,&. :trust; ,C!>~, , , , , . , , , . , , , . , , , , . , , . , .
:r~l,I,,1;e,ep. UI)c1o.r, ~1:1~ ,Jp~t;I,Q., ,S!=\u!l:l,d,t, ~el!t,8)l1et;ltl\ry, :rr~st, ' , , , , , , , ,
The unde'llQnltd olllcer ollhe above.named Insurance company hllfeby Cor!lllllS lholllh.. llalemenl selllorlh true and coffoCllnlormallon.
"tI.. Secretary
Dal,oIC.rllllCallon. 7-14-95
Signature ..
IOstructlons
Paperwork Reduction Act Nollce...Wo ask for tho information on
this lorm 10 carry outlhe Internal Revenue laws at Iho United Slales.
You are required to give us tho information. We need ilto ensure
that you are complving with these laws and to allow us to figure and
collect the right amount ellax,
The time needed to cemplete and file this lorm will vary depending
on individual circumstances, The estimated average lime is:
Form Recordkeeplng PreparIng the 'orm
712 18 hrs" 25 min. 18 min.
11 you have comments concerning the accuracy of these time
estimates or suggestions lor making this form more simple, we
would be happy to hoar from you. You can write to both the IRS and
Ihe Qllico of Management and Budget at the addressos listed In Iho
instructions of the lax relurn with which this form is filed. 00 NOT
send the lax form to oither 01 those ollices. Instead. return it 10 the
ellecutor or representativD who requesled II.
Statement of Inlurer.- This statement musl be mado. on bohall 01
the insurance company thai Issued the policy, by an olticer 01 the
company having accoss to the records of tho company, For purposes
of this statoment, a tacsimile signalure may be used in lieu of a
manual signature al1d il used. shall be binding as a manual signalure.
Separale Statemenls.-A separate stalement must be filed lor each
policy,
Line 13.-Repor1 on line 131ho annual premium. nolthe cumulativo
premium to date of death. II death occurred alter the end at the
promlum penod. report the last annual premium.
Form 712 IA'v IHHI
'I
I
I
, ,
I
i
!
Fonn 712 I
iIlov, AugUSI ''''/ Life Insurance Statement OMa No, 'S<S,0022
~menl of the T,...ury
Int~~~.
Decedent-lnlured (To ae Flied by the Executor With United States Estate TlIJC Return, Form 706 or Form 706-NA)
1 Oth:edenl'. first name and middle InItial 2 Decedent's last name 3 Decedent's social secunty number 4 Date of death
J. Donold Schmidt III known) 200-2/,-2325 5 31 5
a Name and address of Insurance company ~.41 e orporat ion
520 Brood Stl'eet
Nework, New Jerse 07102
7 POlicy number
B
Type 01 policy
Ad lIstobl e Life
Owner's name, If decedentls not owner,
.tllch COpy of application.
11 Dltl esslgned
AL 0
10 Asslgno,'S name. A"ach COpy of
assignment.
S
o Dale issued
Decedent
12 V.'ue of the polley at the
time of assignment
6 1 84
13 Amount of premium (see Instructions) 14 Name ot beneficlanes
4 128.00
See * below
16 Face amount 01 policy. $
16 Indemnity bonellts .
17 Additional Insurance $
18 OIher bonellts. . . $
19 Prfnclpsl 01 any Indebtedness to the company thai Is deducllble In determining net proceeds, $
20 Interest on Indebtedness Qlne 19) accrued to date 01 death
21 Amount 01 accumulated dividends.
22 Amount ot post-mortem dividends. . .
23 Amount ot returned premium . . . .
24 Amount ot Proceods " payablo In ona sum .
25 Value 01 proceeds as 01 dats of death (If not payabls In one sum)
26 Policy provisions concerning deferred payments or Installments,
Note: If olher than lump.sum setl/ement Is aulhorlzed for a surviving spouse, attach a copy of Iho
Insurance policy.
....................................................................................................................
....................................................................................................................
27 Amount ollnstsllments . . . . . . . . . . . . . . . . . . . . . . . . . .
28 Date of birth, sex, and name or any person the duration 01 whoss IIle may measure the number 01 payments.
....................................................................................................................
.....................................................................................................................
29 Amount appllod by \he Insurance company as a single premium representing tho purchase ot
Instalment benefits. . . . . . . . . . . . . . . . . . . . . . . . .
30 Basis (mortality table and rate or Intsrest) used by Insurer In velulng Installment bonellts,
.........,......................................................................................................................................
31 Was the Insured the snnuitant or bonsficlary of any annuity contractlssuod by tha company? . . . . 0 Yea 0 No
32 Names 01 companie3 wilh which decedent carrlod other policies and amount of such policies If this Inlonnalion Is disclosed by your records,
~.I?!! !I.Ph~.I).. P.~ .P!?!! g.. ~~nk..lt. In!!!~.. ~Rrp.P!!!l.Y.,. .T.nJ~J 1l~...Im d.... J... ~hr:. .r..i1:l t. h';l.U. .and. .T.es t..alOeo.t..o1..
...[R~.I). .P.,.. ~E~!,!;iA~. .9.~.~~9..!1!l.Y. ..I.l.... J.9.ll9.,. ..$n:i..o.OQ 1.0.0... ........ ................... ... ... ........ ............. .....
Great Valle vin s Bank SO 000.00 _ Dav
The ~ned . company ~ Cet1lflft Ihltthil atllemenl IeII forth true and correct infonnahon.
sq"afutW ...
Management and Budget at the addresses listed In the Instructklns of the
tax retum with which this fonn II filed. DO NOT &end the tu: 'ann to
either of these offices, Instead, return It 10 the executor or tepfesentahve
who requested it,
Sbt.ment of Inlurwr.-Thls Itallment must be made, on behalf 01 the
InsU1ll1C8 company lhat Issued lhe policy. by an officer 0' the company
having access 10 the records 01 the company, For PUfJ)OSeI 0' this
lIafement, a fSClimUe Ilgnature may be used In ItelI of . manualsJgnature
and " used, shall be binding as a manual Ilgnature.
Sepa,.te Ibtementa.-FiJe . aeparate Fonn 712 for each policy,
Une 13.-Repon on line t3 the annual premium, not the cumulauvlI
premium to date at death, tf dealh occurred stier the end of the premium
period, report the last annual premium,
T11le. Vice President
o..t. of Certification ..
Instruct/on
Paperwortc Reduction Act Notfc.,-We ask for the Information on this
form to carry out the 'ntemaJ R....enue lIws of the United Slates. You are
requirld to give lJs the Information. We need it to ensure that you are
complying WIth these lIws and to allow USia figure and Coiled the right
amount Of tax.
The lime needed 10 complete and tile this form will VSty depending on
individual circumstances, The IStlmeted avenoge time Is:
Form R_keeplng ","penng the form
712 1a tn" 25 min. 1a mln,
" you have comments concemlng the accuracy 0' these time
IItlmatll or auggestiOnl 'Ot making this form tnOfe Ilmple, we would be
happy to heer from you, Vou can wr1te 10 bo1h the IRS and the OffICe 01
Cat No, 10170V
Form 712 (Rev. 8.94)
"
....
, .
.,
LAST WILL AND TESTAMENT
OF
J. DONALD SCHMIDT
I, J. DONALD SCHMIDT, now of Lower Allen Township, Cumberland
County, Pennsylvania, do hereby declare this to be my Last will
and Testament and revoke all prior Wills and Codicils made by me.
ITEM I. DEBTS AND EXPENSES: I direct that all of my
just and currently due debts and funeral expenses, including the
cost of my gravemarker, if any, shall be paid from my estate as
soon as practical after my decease as a part of the administrative
expenses of my estate.
ITEM II. PERSONAL ITEMS: I give all of my articles of
personal or household use, including automobiles and all insurance
on that property, to my wife, PATRICIA A. SCHMIDT, provided she
shall survive me by thirty (30) days. Should my wife predecease
me or die on or before the thirtieth (30th) day following my death,
I then give all such property and insurance to my then living children,
in equal shares, particular items to be allocated among them as
they agree; or if they cannot agree, as my personal representative
determines. Any property not so distributed shall be sold by my
personal representative and the proceeds added to the principal
of the trusts to which my residuary estate is herein given.
ITEM III. MARITAL RESIDENCE: If my wife, PATRICIA A.
SCHMIDT, survives me and at my death our usual home is owned by
me or by my wife and me, but in a manner which would not result
in passage of full title to her by operation of law, I devise my
entire interest in said home to her.
ITEM IV. MARITAL TRUST: If my wife, PATRICIA A. SCHMIDT,
survives me, I give to DAUPHIN DEPOSIT BANK AND TRUST COMPANY, Harrisburg
Pennsylvania (hereinafter "Trustee"), without deduction for estate
or inheritance taxes, the minimum amount which must be added to the
A TRUE (;OPY FHOfl1l'll:CORD
In Tos"monv t':'rl(~l'>ot.1 hel1,"lroln r,lJt my hand
and Il1e S&111 or nnlr1 Cour1 P..t Op..r11111o, PA ~ ~
;;:; (flJ(Z:!::;~" f'lJ%1ft,t, . on.ld
C1AI1: of 1m OrphllOli Court ~ y
Cumberland County
,
'~I~'-'"
Schmidt
~
"
value of all other property in my gross taxable estate for which
the marital deduction is allowed in order to give my estate a marital
deduction which will reduce federal estate tax on my estste to the
lowest possible amount. Such minimum amount shall be determined
after first taking into account all other deduction and credits except:
(i) The state death tax credit to the extent that its
use would require an increase in the amount of state death
taxes paid, and
(ii) The credit for tax on prior transfers to the extent
that credit arises from transfers to me from individuals who
die after me.
I recognize that, depending upon the amount of other bequests
hereunder, the amount of my non-testamentary dispositions, the amount
of state death taxes, and other factors, the marital trust may be
nonexistent, or may amount to the entire balance of my testamentary
estate so that the residuary trust is nonexistent. No property
not qualified for the marital deduction shall be allocated to this
marital trust.
A. During the lifetime of my wife, the entire net income
of such trust shall be paid to her, no less often than quarterly.
Trustee shall pay to her or for her benefit, such amounts from the
principal of this trust as may be necessary to maintain for her
a standard of living approximately equal to that maintained by her
during my lifetime and to meet her expenses arising from ill health
or emergency occurrences. Trustee shall be liberal in expending
the principal pursuant to this provision.
B. Upon the death of my wife, the principal remaining
in the trust created under this Item shall be paid over to such
persons or organizations, including but not limited to her estate
and for such estates and in such manner and in such amounts or
proportions as my wife shall appoint by a Will containing a specific
reference to this power of appointment, which power of appointment
may be exercised by my wife alone in all events.
~ ....- ---..O~(l._
. Donald Schmidt
~
- 2 -
, ,
C. Upon the death of my wif~, PATRICIA A. SCHMIDT, Trustee
shall deduct and pay to her personal representative, from that portion
of the principal of the marital trust, if any, which she shall not
have appointed, an amount equal to any additional administration
expenses and estate and inheritance taxes assessed against her estate
by reason of the inclusion therein for tax purposes of the then
remaining principal of the marital trust. Such amount shall be
determined by Trustee, whose determination shall be conclusive.
Any then remaining balance of unappointed principal shall be added
to and thereafter shall form a part of the principal of the residuary
trust, to be held and distributed as though originally a part thereof.
If the residuary trust shall not have been created 'for any reason
or shall have been exhausted, the remaining principal shall be held
in trust upon the same terms and conditions hereinafter specified
for the residuary trust.
D. If any provision of this marital deduction trust will
result in depriving my estate of the marital deduction for federal
estate tax purposes, such provision is hereby revoked, and this
trust shall be read as if any portion thereof inconsistent with
the allowance of the marital deduction for federal estate tax purposes
is null and void.
ITEM V. SIMUL'fANEOUS DEA'I'II: If my wife and I should
die under circumstances which render the order of our deaths uncertain,
for all purposes of this Will except for the purposes of Item II
hereof, it shall be conclusively presumed that my wife survived me.
ITEM VI. QUALIFIED TERMINABLE INTEREST PROPERTY ELECTION:
My corporate executor, hereinafter named, shall, in its absolute
discretion, determine whether to elect under ~2056(b)(7) of the
Internal Revenue Code of 1986 or corresponding provision in effect
at my death, to qualify any portion of the marital trust for the
federal estate tax marital deduction. Generally, I anticipate that
my corporate executor will elect to minimize the estate tax
payable by my estate. However, I would expect that some consideration
~o~~l(i~'hm~' .,
3 -
;
be given to the estate tax payable in my wife's estate upon her
death, especially if she should die prior to the time the election
is made. The determination of my corporate executor with respect
to the exercise of the election shall be conclusive upon all affected
persons.
ITEM VII. FUNDING: My executor shall select and distribute
to my Trustee the cash, securities and other property, including
real estate, which shall constitute the trust, employing for the
purposes of valuation the lesser of the adjusted basis of the asset
for federal estate tax purposes or the fair market value of the
asset at the time of distribution.
ITEM VIII. RESIDUARY TRUST: I give and devise the balance
of my residuary estate to DAUPHIN DEPOSIT BANK AND TRUST COMPANY,
Harrisburg, Pennsylvania (Trustee), to administer and to distribute
as follows:
A. Trustee shall pay the net income thereof to or for
the benefit of my wife, PATRICIA A. SCHMIDT, for and during her
natural lifetime, no less often than quarterly, as Trustee may determine.
B. Trustee shall pay to or for the benefit of my wife,
from time to time, such portions of the principal of this Trust
as may be necessary for the support of my wife, to meet my wife's
medical, dental, hospital and nursing expenses or the expenses of
invalidism. In determining whether to make withdrawals under this
paragraph of the principal of this residuary trust, Trustee shall
consider such other resources as may be available to my wife pursuant
to the marital deduction trust created in Item IV hereof. My wife
shall not participate in any decision affecting the invasion of
principal from this residuary trust for her benefit or for the benefit
of anyone she is legally obligated to support. There shall be no
restrictions as to the Use that my wife may make of any distribution
hereunder for her benefit.
C. Upon the death of my wife, the then remaining principal
of this residuary trust and any undistributed income thereof shall
,
~o'~d.SC~~'- ,I
- 4 -
be paid by Trustee in such amounts or proportions or in such manner
as my wife may appoint by Will containing a specific reference to
this power of appointment, however, in the exercise of such power
of appointment, my wife shall be limited to appointing the same
unto our children or their children, provided that, in no event,
shall my wife have the power to appoint the same or any portion
of the same for the benefit of her estate, her creditors or in any
manner which would vest in her a general power of appointment over
such funds or result in such funds or any portion thereof being
included in the gross estate of my wife for federal estate tax purposes.
Other than this limitation, my wife shall have the ~ull power, at
her discretion, to determine the beneficiaries within such class
of persons who shall take and in what proportions and in what manner
they shall take by virture of her exercise of this power.
D. If my wife shall fail, either wholly or in part, to
exercise effectively the above-given power of appointment (or in
the event that my wife shall have predeceased me) the then remaining
or unappointed principal of this residuary trust (or in the event
of the predecession of my wife, the entire principal of this residuary
trust) and any other funds which may be added thereto from any source
whatsoever shall be held In Trust by Trustee for the benefit of
my children, as follows:
1. Trustee shall divide the then remaining principal
and any undistributed income of this trust into as many separate
and equal shares as I shall have children then living and shall
thereafter maintain each separate and equal share as a separate
trust for each such beneficiary to invest and reinvest the same
and payor apply so much of the income and so much of the principal
of the separate trust established for such beneficiary as it, in
its sole discretion, deems necessary to enable such child to maintain
a reasonably comfortable standard of living, to meet the costs of
such child's preparatory, collegiate and professional education
~L---!)'-~e.
onald Schmidt
'1"'-1-
- 5 -
and to meet the expenses of any unusual or emergency occurrence
such as those arising from serious illness, physical incapacity
or the like I
2. When each such beneficiary shall attain his or her
thirty-fifth (35th) birthday, Trustee shall compute the then remaining
principal and any undistributed income of the trust held for each
such beneficiary and shall distribute one-fourth (1/4) of the same
to him or her absolutely at that time, retaining the balance in
trust as aforesaid until each such beneficiary shall have attained
his or her fortieth (40th) birthday. At such time, Trustee shall
then compute the then remaining principal and any undistributed
income of said trust and shall distribute one-third (1/3) of the
same to each such beneficiary absolutely at that time, retaining
the balance in trust until such beneficiary shall have attained
his or her forty-fifth (45th) birthday. At such time, Trustee shall
then compute the remaining principal and any undistributed income
of said trust and shall distribute one-half (1/2) of the same to
each such beneficiary absolutely at that time, retaining the balance
in trust until such beneficiary shall have attained his or her fiftieth
(50th) birthday, at which time, the then remaining principal and
any undistributed income of the trust shall be distributed absolutely
to him or her at that time.
3. In the event that any beneficiary for whom a separate
trust shall have been established shall have died during the term
of the separate trust held for his or her benefit, the undistributed
principal and income of such share shall be paid in equal shares
to each child's issue, or if none, the same shall then be added,
in equal shares, to each of the separate trusts held for the surviving
beneficiary(ies) or distributed to those who have reached the age
set forth for distribution as set forth above.
~~. "'-^--~~ ........
~Donald Schmidt
- 6 -
;
ITBM IX. PRBDECESSION OP ISSUE: In the event that, at
the time of my death, my wife and all of my children and the issue
of my children shall have predeceased me, or in the event that,
during the term of the trusts established herein, my wife and children
and the issue of my children shall have all died prior to complete
and final distribution of the trust fund or trust funds established
herein, then in such event, my entire estate or the then remaining
principal and undistributed income of the trusts, as the case may
be, are given and devised or shall be distributed as follows:
A. One-half (~) thereof to my sister, MARGO L. MATHIAS,
or her issue, per stirpesl and
B. The remaining one-half (~) thereof to my wife's sisters
and brothers, or their issue, per stirpes, and the issue of any
deceased sister or brothers, per stirpes.
ITEM X. WIPB'S PREDBCESSION: In the event that my wife
shall predecease me, then all of the property passing pursuant to
this Will, except for property passing under Item II hereof, shall
be included in the residuary trust created herein, and there shall
be no marital deduction provision.
ITEM XI. SUCCESSOR TRUSTEE: My wife, PATRICIA A. SCHMIDT,
shall have the authority to designate a successor or successor trustees
to the Trustee herein named. In designating such successor(s) she
shall be limited to designating a bank having trust powers or a
trust company whose accounts are insured by the Federal Deposit
Insurance Corporation.
ITEM XII. GOVERNING LAW: All questions pertaining to
the administration of this trust or the construction or validity
of these items shall be governed by the laws of the Commonwealth
of Pennsylvania.
ITEM XIII. GUARDIAN OP MINORS' ESTATB: If any income
or principal shall be payable to any person who shall be minor
or who shall be incapacitated for any reason, my executor as
trustee shall hold such income and principal during minority
,
~ ;i3~n~ld~~CJ. '-
- 7 -
or incapacity and shall be entitled to apply such income and
principal to the health, maintenance, support and education of
such person during minority or incapacity, without the appointment
of any guardian or committee or any authority of court, and shall
be entitled to make direct application hereunder or to make application
by payment thereof to the parent or other person in charge of
such minor or incapacitated person, or to his or her guardian
or to a custodian under the Uniform Gifts to Minors Act. Any
remaining income and principal to which such person shall be
entitled shall be paid and distributed to such person upon the
termination of minority or incapacity.
ITEM XIV. PERSONAL REPRESENTATIVE: I appoint my wife,
PATRICIA A. SCHMIDT, Executrix of this my Last Will and Testament.
Should she fail to qualify or cease to act in such capacity, I then
appoint DAUPHIN DEPOSIT BANK AND TRUST COMPANY, Harrisburg, Pennsylvania,
as Contingent Executo~. In the event that a determination of whether
or not to make the election provided for in Item VI hereof is to
be made and if at that time my wife, PATRICIA A. SCHMIDT, is serving
as sole Executrix, I appoint DAUPHIN DEPOSIT BANK AND TRUST COMPANY,
Harrisburg, Pennsylvania, as Co-Executor for the purpose of making
that election. No bond shall be required of my personal representative
in any jurisdiction.
ITEM XV. POWERS: In addition to the powers given
by law to my personal representative(s) and trustee(s) [hereinafter
fiduciaries) in the administration of my estate and of the trust(s)
created herein, they shall have the following discretionary powers
applicable to all real and personal property held by them, including
property held for minors, effective without court order until
actual distribution. (Words used in the singular may be read
to include the plural or the plural may be read as the singular.
Similarly, the masculine form may be read to include the feminine
and neuter; the feminine may be read to include the masculine
and neuter; and the neuter may be read to include the masculine
and feminine.)
b~-~~..b-rC. -
...::i..::>lt1'onald Schmidt - ,,..
- 8 -
..
..
A. To retain any property owned by me at my death
and to invest any funds held by them in any stocks, bonds, notes
or other securities or property, real or personal, it being my
intention to give them the broadest investment powers possible
within the limitations of the law.
B. To sell or otherwise dispose of any property, real
or personal, at any time forming a part of my estate or the Trust
estate, for cash or upon credit, in such manner and on such terms
as they see fit, and no one dealing with the fiduciaries shall
be bound to see to the application of any monies paid.
C. To manage, operate, repair, improve, mortgage or
lease for any term any real estate at any time held. or owned
by them as fiduciaries.
D. To hold investments in the name of a nominee and
exercise and dispose of warrants.
E. To engage in litigation and compromise, arbitrate
or abandon claims and property.
F. To conduct any business in which I am engaged or
in which I have an interest at the time of my death, for such
period as the fiduciaries deem advisable, with the power to borrow
money and to pledge the assets of the business and do all other
acts, which I, in my lifetime, could have done, or to delegate
such powers to a partner, manager or employee, without liability
for any loss occurring therein.
G. To allocate items of receipt or disbursement between
principal and income as the fiduciaries deem equitable regardless
of the character given such items by lawl to distribute in cash
or kind or partly in each at valuations fixed by the fiduciaries.
H. In general, to exercise all powers in the management
of the assets of my estate or the Trust estate which any individual
could exercise in the management of similar property owned in
his own right, upon such terms and conditions as the fiduciaries
may deem best, and to execute and deliver all instruments and
~ r.-~M-
'-J) D~d Schmidt
,
-J'-
- 9 -
,
to do all acts which the fiduciaries may deem necessary or proper
to carry out the purposes of this Will or ,the Trust(s) created herein.
I. To apply income or principal to which any beneficiary
is entitled, directly for his or her comfort, maintenance and
support, should the fiduciaries deem such beneficiary incapable
of receiving the same by reason of age, illness, infirmity or
incapacity, or to pay the same to such person or persons as the
fiduciaries select to disburse it, whose receipt shall be a complete
acquittance therefore without the intervention of any guardian.
J. To assume continuance of the status of any beneficiary
with reference to death, marriage, divorce, illness" incapacity
or other change in the absence of information deemed reliable
without liability for disbursements made on such assumptions.
K. All principal and income shall, Until actual distribution
to any beneficiary, be free of the debts, contracts, alienations
and anticipations of any beneficiary, and the same may not be
liable for any levy, attachment, execution or sequestration while
in the hands of any fiduciaries.
IN WITNESS WHEREOF, I have hereunto set my hand and
..a1 '.fa / rL~ day of /11 "''I ' 1989.
..=~,I>, . " ~.o~
~ D~nald Schmidt
The preceding instrument, consisting of this and nine other typewritten
pages, identified by the signature of the testator, was on the
day and date thereof signed, published and declared by J. Donald
Schmidt, e testat~erein named, as and for his last Will,
in the pr~ ceo us, ho, at his request, in his presence and in
the/prese f ea h /;' subscribed our names as witnesses hereto.
, /t:./C c-, :2? 2. .Ill ;)1\ c~ J-f/.LC'2;U4-~
Lti-x..ruL L. q~)
.2.1).. hixJu. IN.~-<ft) ).J 69, P A
- 10 -
l/
REV-1547 EX AFP (12-95*
CO""OHWtAl 111 Of PENNSYlVANIA
DEPARTHrHT Of RtV[HU[
IURrAU or INDIVIDUAL T'X[S
OEP'. 110601
HARRISBURG, PA 171'.-0601
If, y..,' -' J::,
ACN 101
NOTICE OF INHERITANCE TAX
APPRAISENENT. ALLOWANCE DR DISALLOWANCE
OF DEDUCTIONS AND ASSESSNENT OF TAX
DATE 06-05-96
05-31-95
FILE NO.
COUNTY
CUMBERLAND
NOTEI TO INSURE PROPER CREaIT TO YOUR ACCOUNT, SUSNIT THE UPPER PORTION OF THIS FORN WITH YOUR TAX
PAYNENT TO THE REDISTER OF WILLS, NAKE CHECK PAYABLE TO "REGISTER OF WILLS, AGENT"
REMIT PAYMENT TO:
RICHARD L PLACEV ESQ
PLACEV 8 WRIGHT
200 N 3RD ST
HOG PA 17108
REGISTER OF WILLS
CUMBERLAND CO COURT HOUSE
CARLISLE, PA 17013
AMount R..itted
CUT ALONG THIS LINE ~ RETAIN LOWER PORTION FOR YOUR RECORDS ~
REV:is"4"i"Ex-iiiip-nZ:9ifi-iioi"icnWYNHEiiiTANCE-Yliin-PPRiiisEHEii:r,--iiL1.-owANcnIi-----------------
DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX
ESTATE OF SCHMIDT J D FILE NO. 21 95-0447 ACN 101 DATE 06-05-96
TAX RETURN WAS I I X 1 ACCEPTED AS FILED
RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE
APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN
1. Red eat.t. (Schedule AI ell
2. Stock. and Bond. (Schedule 8) (2)
3. CID'lly Hald stock/Partner.hip Int.r..t (Schedule C) (3)
4. Hartg.gal/Hot.. Receivabl. (Schedule DI (4)
5. Ca.h/Sank DIPodt./H1Ic. Parlonal Propady (Schedule EJ (S)
6. Jointly Owned Prop.rty (Schedule F) (6)
7. T,.anlfa,.1 (Schedule OJ (7)
8. Total A...t.
1 CHANGED
.00
.00
.00
.00
6,000.00
.00
.00
ISI
APPROVED DEDUCTIONS AND EXEMPTIONS:
18,179.41
9. Funa,.al Expanse./Ad... Co.t./Hilc. Expen... ISchedule H) 19)
10. Debh/"odg.ge LbbiliUe./Lienl (Schedule U nO) 206.607.12
11. Tot.l DeducUons Ul)
12. Net Value of TaM Retu~n (12)
13. Ch.rihble/Covernllental Beque.t. (Schedule J) US)
lit. Net V.lue of E.t.te SUbject to TelC Cllt)
NOTE: If an assassmont was iSBued praviously, lines 14, 15 and/or 16, 17 and 18
reflect figures that include tha tDtal of ahh raturns assessed to date.
ASSESSHENT OF TAXI
15. A.ount of Line 14 .t Spous.l
16. A.ount of Lin. 14 t.x.bl. .t
17. A.ount of Line 14 taxabl. at
18. Principal TalC Due
6.000.00
"4.786 ~3
218.786.53-
.00
218.786.53-
~at.
Lin..l/Cl... A ~.t.
Coll.t.~al/Cl... Brat.
IIS1
1I61
1171
.00
.00
.00
X .00.
X .06.
X .15.
IIS1
TAX CREDITS:
PAYNENT
DATE
DISCOUNT It)
INTEREST 1- I
RECEIPT
NUNSER
ANDUNT PAID
TOTAL TAX CREDIT
BALANCE OF TAX DUE
INTEREST AND PEN.
TOTAL DUE
will
.00
.00
.00
.00
.00
,00
.00
.00
. IF PAID AFTER DATE INDICATED. SEE REVERSE
FOR CALCULATION OF ADDITIONAL INTEREST,
IF TOTAL DUE IS LESS THAN '1, NO PAYNENT IS REQUIRED,
IF TOTAL DUE IS REFLECTED AS A "CREDIT" ICRI. YOU NAY SE DUE
A REFUND. SEE REVERSE SIDE OF THIS FORH FOR INSTRUCTIONS. I
r- t:~
'0 'rl ','0;
~ m u
~, r:-~ o:c C,l "
I. _. .' 0
If' .,
" " ~ ::
J ( :-3
0 ~l ..~ J,)
,-' ," ~ '''; E
run: 08
a:
RESERVATIONa Elt,t.. of decadent. dvlng on a~ bafar. D.c.~r 12, .9.2 ~. If ~y future lnt.r..t In t~ I...t. 1. tren.f.rred
In pa.....lon or anJo)'llent to Cl... I leatht.rlU b",.flel,r... of the dlced,n' ,ft.r tM Ikplr.Uon of eny I...t. for
lIf. or 'or v..n, the C~.lth hereby expr...h r...rv., the rhlht to appr,"t ~ ...... trM."" Inhe,.ItMCI ,....
It the l.w'ul el... I (col1_t.r.l) rat. on any .uch future lnt.r..t.
_OF
NOnCE, To fulfill the nqulr....,t. of SICtlon 2140 of the lntMrltenc. MCI E.t,t. ,.. Act, Act Zl of ."1. 7Z P.S.
Section 2141.
Detach the top portion of this Hotlc. and ,ub,1t wUh your pn...,t to thl Rt,hhr of UUI. printed on tM ny.r.. .Id..
..Mak. check or NMY order PIV_lt tOI REGISTER OF MILLS, AGENT
All PIV.-n', r.calved .h.l1 '.r.t ba ~ll.d to any Int.r..t which "V b. dUe with ~y r...lndlr Ippllld to the t.M.
REFUND (CA)I A r.fund of . t'M cr.dlt, which W'I not r.que.tld on the TIM A.turn, ..y be requ..t.d by eoepl.tlng en ~Appllc.tlon
for R.fund of P~,Ylv~11 Inh.rltanc. ~ E.tltl T..~ (A[Y~ISISJ. Appllcltlon. .r. .vlllebl. .t t~ Offlc.
of the R.gl.t.r of Will., MY of the ZS R.venul DlItrlct OffiCII, or by cIUlna the .p.el.l Z~.hour
an.werlng ..rvlc. nYIb.r. for for., ordering I In Plnn.ylvsnl. 1~IOO~S62~20S0, aut.ldl P~.ylvsnl. end
within loc.1 H.rrl.burg .r.. (717) 717-10~, TOO' (717) 772-2252 (H..rlng IIp.lr.d Only).
PAytEHfl
OIJEcTIONSI Any p.rty In Int.r..t not ..tl.fled with the appr.I....nt, .llawanc. or dl..llawencl of deduction., or ......eent
of tlM (Including dl.count or Int.r..t) .. .hown on thl. Hotlc. .u.t obJ.ct within .I.ty (60) d.y. of r.e.lpt of
this HoUc. byl
ADH1N
ISTRATJVE
CORRECTIONS I
OISCOUHTI
PENALTY I
IHTERESTI
~-wrltt~ prot..t to the PA D.p.rt.ant of R.V.nul, Bo.rd of App..l., Olpt. 211021, Hlrrl,burg, PA 1712a~10ZI, OR
--.I.cUon to h.v. thl ..tt.r d.t.relned .t IUdlt of the lCeount of the p.non.l npr.....teUv., OR
--epp..l to thl Orphan.' Court.
F.atu.l .rror. dl.cov.r.d on thl. ........nt .hauld b. .ddr....d In writing tOI PA O.pert.ent of R.venue,
&ur..u of Indlvldull T...., ATTNI POlt A...I...nt R.vl.w unit, O.pt. 210601, H.rrl.burg, PA 17121-0601
Phone (717) 717-6505. S.. page S a' thl book lit ~In.tructlon' for lnherltanc. Ta. Rlturn 'or I R'lldent
Dlcldent" (REV-ISOI) for In ..pllnltlon 0' Idllnl.tr.tlv.lv corractlbl. .rror..
If any t.. due I. p.ld within thr.. (S) a.l.nder .onth. aft.r thl dleldent'. d.ath, I flv. p.rclnt (5XJ dl.count of
thl t.. Plld I. .llowed.
ThI 15X tIM ..n..ty non-p.rUclp,Uon plnlltv II eOlputld on the totl1 of the t.. and Intlr..t ......ed, end not
p.ld b.for. Jenulry II, 1996, the flr.t d.y .ft.r the .nd of the t.x san..ty p.rlod. Thl. non-p.rtlclpatlon
p,".lty I. app..l.ol. In the .0.' .ann.r snd In thl thl .... tl.. plrlod I' you would .pp.al the tl. snd Intlr..t
thet hi' b.an .......d .. Indlclt.d on thll not lee.
Int.r..t I. ch.rg.d beginning with flr.t d.y of dlllnquencv, or nln. C9) lonth. and one (I) d.y 'roe the d.t. of
d..th, to the d.t. of p.y..nt. T.... which b.e... d.llnqu.nt b.for. Janu.ry 1, 1'82 b..r Int.r..t .t thl r.t. of
.IM (6X) p.rcent p.r ennua c.lcul.t.d at . d.lly rlt. of .00016~. All t.... which blc... d.llnquent on and .,tlr
J~.ry 1, 1912 will b.ar Int.r..t .t . rat. which will v.ry fro. cllend.r y..r to calend.r y.ar w1th thlt rat.
~ced by the PA a.partaent of Rav.nu.. Th. appllcabl. Int.r..t r.t.. for 1912 through 1996 .rll
'!!!! lnt.r.lt R.t. OaU" Intlr..t Factor !.!!r Int.r." Rat. o.n" tnt.r..t FlGtor
1912 ..X ,000541 1917 OX .000247
1915 16X .000,.sa 1918-1991 'IX .00OSOI
191~ 'IX .000SOI ,,,. 'X ,000247
1915 UX .000556 1995-1994 7X .00019Z
It.. lOX .00027~ 1995-1996 'X .000247
"-Int.r..t 1_ c.lcul.ted .. follow.'
INTEREST D SALANCE OF TAX UNPAID X NUnSER OF DAYS DELINQUENT X DAILY INTEREST FACTOR
--Any Hotlc. 1..ued .ft.r the t.. beeDle' dellnquent will r.fl.ct an Int.r..t c.leul.tlon to flftlen (15) d.y.
beyond the d.t. of the .......ent. If p.yeent I. lid. aft.r thl Int.r..t co_put.tlon d.t. .hown on the
Hotlc., addltlon.l Int.r..t lU.t be c.lcul.t~.
~EV-483 EX AFP (12-9~)
C0tv10NWEAl TIt Of PENNSYLVANIA
DEPARTHEHl Of REVENUE
BUREAU Of INDIVIDUAL f,xES
DEPT. 210601
HARRISBURC, PA 11128.0601
/ (J- 3 Y - / 3
'I
Ci//
ACN 201
NOTICE OF DETERHINATION AND
ASSESSHENT OF PENNSYLVANIA
ESTATE TAX BASED ON FEDERAL
ESTATE TAX RETURN
DATE 06-05-96
ESTATE OF SCHMIDT J
DATE OF DEATH 05-31-95
D
FILE NO.2l 95-0447
COUNTY CUMBERLAND
NOTE. TO INSURE PROPER CREDIT TO YOUR ACCOUNT. SUSHIT THE UPPER PORTION OF THIS FORH WITH YOUR TAX
PAYHENT TO THE REOISTER OF WILLS. HAKE CHECK PAYABLE TO "REGISTER DF WILLS. AGENT".
REMIT PAYHENT TOl
RICHARD L PLACEY ESQ
PLACEY 8 WRIGHT
200 N 3RD ST
HBG PA 17108
REGISTER OF WILLS
CUMBERLAND CO COURT HOUSE
CARLISLE, PA 17013
Anount Re..ltt.d
CUT ALONG THIS LINE .. RETAIN LOWER PORTION FOR YOUR FILES .....
RtEfV:48ji-Ex--AFP--(i2~-95j-----.-.-NCiffcif-OF--OETE-RHIiiATIo-N-Aiio-As1iEs!fHEN;r----------------------------
OF PENNSYLVANIA ESTATE TAX BASED ON FEDERAL ESTATE TAX RETURN ..
ESTATE OF SCHMIDT
J
D FILE NO.21 95-0447
ESTATE TAX DETERMINATION
ACN 201
DATE 06-05-96
1. Credit For State Death Taxes as Varified
.00
2. Pennsylvania Inheritance Tax Assessad
(Excluding Discount and/or Interest)
.00
3. Inheritance Tax Assassed by Other Statea
or Territorias of the United States
(Excluding Discount and/or Interest)
.00
4. Total Inheritance Tax Assessed
.00
5. Pennsylvania Estata Tax Dua
.00
TAX CREDITS:
PAYMENT
DATE
DISCOUNT (+)
INTEREST (-)
RECEIPT
NUMBER
AMOUNT PAID
TOTAL TAX CREDIT .00
BALANCE OF TAX DUE .00
INTEREST AND PEN. .00
TOTAL DUE .00
_IF PAID AFTER THIS DATE. SEE REVERSE SIDE IIF TOTAL DUE IS LESS THAN II, NO PAYHENT IS REQUIRED
FOR CALCULATION OF ADDITIONAL INTEREST, IF TOTAL DUE IS REFLECTED AS A "CREDIT" ICR!, YOU HAY SE
DUE A REFUND. SEE REVERSE SIDE OF THIS FORH FOR IHSTRUCTIONS.!
() /4
<Xl
Po
0\
ca::
(
1.:'..:(
--.l o~
~ ~,
(.) ...1
IUn:
a:
It"\
I
~
~
:'''
.. ::.
.E
g:)
uu
;;J
"
PURPOSE OF
NOTICE,
To fulfill the r.qulr...nt. of S.ctlon ZI~5 (b) of the Inh.rltanc. and E.tat. Ta. Act, Act Z2 of 1991,
(72 P,S. Section 2145).
PAVKENTI
Detach the top portion of thl. Notlca end .ub.lt with your p.y..nt to the R.gl.t... of will. prlnt.d on the
r.v.r.. ,Ide,
n Hak. ch.ck or .on.y ord.r p.y.bl. tal REGISTER OF MILLS, AGENT.
All pay..nt. rec.lved .hall b. appll.d flr.t to .ny Int.r..t which ..y b. due with any re.alnd.r appllad to the te..
REFUND (CR),
A r.fund of . t.. credit ..y be raqu..ted by co.pl.tlng an "Application for Refund 0' P.nn.ylvanla
Inharlt~ca end E.t.t. T.." CREV-1511). Appllc.tlon. .r. available at the Offlca of the Ragleter of Will.,
~y of the 21 R.v.nu. DI.trlct Office. or 'roe the Dep.rt.ent'. 2~-hour .n.werlna .ervlce nu.ber. for for.. ordarlnal
In penn.ylv.nla l-100-562-Z050, out.ld. penn.ylvanla and within local H.rrl.burg ar.. (1171 711'1094,
TOOl (717) 112-2252 IH..rlna lapalr.d Only).
OBJECTIONS,
Any p.rty In Int.ra.t not .atl.fled with the ........nt 0' ta. a. .hown on thl. notlc. ..y obJ.ct within
.Ixty (60) d.y. 0' r.c.lpt of thl. Hotlc. bYI
--wrltt.n prot..t to the PA Dep.rt.ent of Rev.nu., Bo.rd of App.al., D.pt, Z11021, Harrl.burg, PA 11121-1021, OR
--el.cUnG to have the ..U.r d.t....ln.d .t .udlt of the p....on.l rBpra..nt.Uve, OR
--.pp..l to the Orphan.' Court.
ADHIN-
JSTRATlVE
CORRECTIONS I
F.ctual error. dl.cov.red on thl. ........nt .hould be .ddr....d In writing tal PA a.pert..nt 0' Rev.nu.,
Bureau of Jndlvldual lax.., AllNt Po.t A.......nt R.vl.w Unit, O.pt. Z10601, H.rrl.bura. PA 1712a-0601,
Phona (111) 711-6505, 5.. p.g. 3 of the bookl.t "In.tructlon. for Inh.rltanea Te. R.turn for a R..ld.nt
a.c.d.nt" (REV-ISO)) for an .xplanatlon of ad.lnl.tr.tlv.ly corr.ctabla .rror.,
PENAlTVI
The 15% ta. a.n..ty non-p.rtlclp.tlon p.nalty I. co.put.d on the totel of the tex and Int.r..t .......d, and not
paid b.for. January la, 1"6, the flr.t d.~ .ft.r the .nd of the tax aane.ty parlod. Thl. non-partlclp.tlan
p.nalty I. appaal.ble In tha .... ..nnar and In the the .... tl.. p.rlod .. you would .pp.al tha tax .nd Int.ra.t
th.t h~. b..n .......d .. Indlcat.d on thl, notlca,
INTEREST I
For data. of d..th on or .fter 10-5.91, P.nn.ylv.nle E.t.te Tax ba..d on the F.d.ral E.tat. T..
r.turn b.co... delinquent at the 'kplretlon of nln. ca,) .anth. fro. the date of d.ath,
For det.. of daath prior to 10-S-'I, P.nn.ylvanla E.tet. T.. ba..d an the Feder.l E.tet. T.. return
b.eo... d.llnqu.nt .t the expiration of elght..n (II) .onth. 'r08 the d.t. of daath,
l.... which b.ca.a d.llnqu.nt b.for. J.nuary 1, 1912 b..r Int.re.t .t the r.t. of _Ix 16XI p.rc.nt p.r .nn~
celcul.t.d at a d.lly rat. of ,000164. All t.... which b.c... d.llnquant on or .ft.r J.nu.ry I, 1912 will b.er
Int.r..t .t . rat. which will v.ry fro. cal.nd.r y.ar to c.l.ndar yaar with that r.ta .nnaunc.d by the PA
O.p.rt..nt of R'v,nu.. Th. .ppllc.bl. Int.r..t r.t.. for 1'12 through 1'96 .r.,
V..r Intar..t R.t. D.lly Jnt.re.t Factor V..r Jntar..t Ret. Dally Int.....t F.ctar
1912 20X .000541 1917 OX ,oa0247
1915 16;( ,oao~SI 1'11-1991 llX ,aaOSOl
1914 lU ,000501 1992 9X .aOOZ~1
1'15 UX .a00556 1993-199~ 7X ,OOOI'Z
1916 lOX .000274 1995.1996 9X ,Oa0247
--Int...." I. c.lculet.d .. followtl
INTEREST = BALANCE OF TAX UNPAID X NUNSER OF DAYS DELINQUENT X DAILY INTEREST FACTOR
--Any Notlc. 1.lu.d aft.r the taM b.co... d.llnqu.nt will r.fl.ct en Int.ra.t calcul.tlon to flft..n CIS) d.y.
bayond the data of the ........nt. 11 p.y.ent It ,ad. .ft.r the Int.r..t caeputaUon d.t. .hawn on the
Notlca, additional Int.r..t au.t b. c.lcul.t.d.
r' .,
15-.~Y'lo)
BUREAU OF INDIVIDUAL TAXES
INHERITANCE TAX DIVISION
DEPT. 210'01
HARAISIURG, PA 171".0601
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
NOTICE OF DETERMINATION AND
ASSESSMENT OF PENNSYLVANIA
ESTATE TAX BASED ON FEDERAL
CLOSING LETTER
DATE
ESTATE OF
DATE OF DEATH
FILE NUMBER
COUNTY
ACN
'*
C-
an.'" II'" IU.tU
RICHARD L PLACEV ESQ
PLACEV I WRIGHT
200 N 3RD ST
HBG PA 17108
03-03-97
SCHMIDT
05-31-95
21 95-0447
CUMBERLAND
202
Allount R..1tt.d
J
D
~
MAKE CHECK PAYABLE AND REMIT PAYMENT Tal
REGISTER OF WILLS
CUMBERLAND CO COURT HOUSE
CARLISLE, PA 17013
NOTE I To 1n.,r. proper or.cut to your account, auIHIlt the upper portion of thl. fora with your tax pa)'Hf'lt.
CUT ALONG THIS LINE ~ RETAIN LOWER PORTION FOR YOUR FILES .....
RifV:7iii-Ex--AFP--(i2~-96j----.ii.-Niiiicif-OF--nETifRHiiiATiO-N-Aiin-AS.SESS-HENif----------------------------
OF PENNSYLVANIA ESTATE TAX BASED ON FEDERAL CLOSING LETTER 55
ESTATE OF SCHMIDT
J
D FILE NO.21 95-0447
ESTATE TAX DETERMINATION
ACN 202
DATE 03-03-97
1. Credit For State Death Taxes as Verified
,00
2. Pennaylvania Inheritance Tex Assassed
(Excluding Discount and/or Interest)
.00
3. Inheritance Tax Assessed by Other States
Dr Territories of the United States
(Excluding Discount and/or Interest)
.00
4. Total Inheritance Tax Assessed
.00
5. Pennsylvania Estate Tax Due
.00
6. Amount of Pennsylvania Estate Tax Previously Assessed
Baeed on Federal Estate Tax Return
.00
7.
Additional p~sylvania Estate Tax Due
L........ ~<
.. '-Il\"
.00
TAX CREDIT!W
PAVMENT .
DATE
co
DISCOUNT (+)
INTEREST (-)
ORECEIPT ..
UMBER. .
AMOUNT PAID
~
~~
"..
~IC
a:
r-
p'
i=
~-
-=>
UU
TOTAL TAX CREDIT .00
BALANCE OF TAX DUE .00
INTEREST AND PEN. .00
TOTAL DUE .00
_IF PAID AFTER THIS DATE. SEE REVERSE SIDE IIF TOTAL DUE IS LESS THAN .1, NO PAYHEHT IS REQUIRED
FOR CALCULATIOH OF ADDITIONAL INTEREST, IF TOTAL DUE IS REFLECTED AS A "CREDIT" ICRI, YDU HAY BE
DUE A REFUND. SEE REVERSE SIDE OF THIS FORH FOR INSTRUCTIONS.I
Ii
"
PIIlPOSI! '"
HOner.
To fulfill the ''''.'-''1 of IeotJon 1145 ca.) of the JrMrlnno. ... I.t.t. Ta Act, AGt lI: of 1"1. (71 P.I.
IMt10n 1:141).
PAYHDfT.
DetMh the totl portion of tltl, NoU.. MIl .....U ..Jth vour ,.,.ent to tM R......' .f "Uh pr.lnted on the
rever.. IbM.
..... ...... check Dr _1 order ,.-1. to. REGISTER OF NILLI, ADEHT.
AU pepMh receSIIN ...11 be ...11_ first to .,., lnt.r..t tltdch ..,. be ctu. wIth "'1 r_lnder ...UId to the t.x.
REflICD caul A nhnl .f . tu credit -V be r........ "' ..hUf'18 .. -AppUcatlon 'or R.h.nd 0' ,..,.,1.,.,,1,
J~rl~ ~ E.tat. Tax- (REV-l'SS). AppllC8tJanl .r. .v811~1. .t the D"I.. of the R..llt.r of MIISI,
..,. 0' the lS RIYW1UI Dbtr.ot affle.. Dr fr. the o.p.r~t.. Z4'haur .......'Ine ..Mll_ ,.....,. for fonl' orderlngl
In ......,nlwnl. 1......-161-105., out.l_ Pennnlwnl1 .. within SOCIIl Herrllbur, .r.. (717) 717-'IM,
TUD' (717) rU-IUf (....'111I IIIIIMI..... Only).
DI..I!CTJDHlI Alw ,.rtv In lnt.,..t not ..thUed ..IUt the .....~t of tIUC .. Ihawn on thla notice av obJMt within
.bb 'AO) dQI of receSpt of thl. HoUM bVI
.....rltt." prot..t to the Pi o.p.r~t of Awwue, ao.MI of .....11. Dept. IIUll. "rrllbur.. PA 17UI-lIZl. OR
.....INU.. to t.v. tM .U.r .tntl1Md .t ....it of tIMI ptIrMMI r.r.nnbUv.. OR
.........1 to u. arplW1.. Court
&IIIf]"-
]ITRATlVE
CORRECTIONS. Factual .rrdrl dbeov.recl on thll ........,t ..,ld " addr.... In "rIU". tal PA DepartMnt 0' An....
aur..... of Indlvldu81 Tax.., ATTN. Po.t ........nt ..vl.. Unit. Dept. ZIO'OI. "-rrllbur.. PA l1IZI-0'01.
PhonII (717) 717-6501. ...,... I of tM bookht .Zn.truotlon. f.r ]""'ritMO' Tax "turn for. R..lIMnt
o.c.cMnt* (REV-nOn for... ..,I....Uon of adIIlnl.traUv.ly oarrMtlble .rr.r..
i
I
I
,
I
I
I
I
I
I
I
,I
i
,
,
I
PENALTY_
Tha 15% tax ..,..~ non-,.rUol,.Uon ,.,...l~ it COIIIPUt. on the tot.1 of U. tax and Int'rlll .....Md. ... not
p.ld before """N II. 19M. U. fl"t day .fllr tM .. of tne taM __.n period. Thl. non-...rUal,.Uan
penIIltv .. ."..1_1. In the ... ..wMr Ind In the u,. .... U.. period .. wou would .....1 the tax end Inter..t
that ... been .....Nd .. Indle.tad an thl. neU_.
]KTERESTI
AddlU_l PeMI'YIYM1. Eet.t. Tax ........ .. . nadt of. c:h-.. an U. ,,,,.1 Eltete Tax 01...,..
letllr becaMe ...U...,....t .t the expiration of aM (I) .onth fr.. the dlt. the 111'1I1 noUe. 0' thI Incr....
In ,.....1 EIt.t. TaM I. r..IYId.
Tax.. ..,Ich a..c- dllI"..,t before .MnueN 1. 1HZ beIIr Int.r..t .t the rat. of .1. (0) perc-.t per ....
_louht. .t . dally rat. of .000114. AU tax.. Wllch __ .1I~t on or .ft., Jenuef7 1. 1"1 "Ill bear
Int.r..t at . rat. Wllch ..IU vaN froa cal....r WIIr to e.l....' w-r .lIth that Mlt. ~ Q the PA
Dapar....t of R...,.".. The ...,lIelbl. Int.,..t rat.. far lf1Z through 1"7 .,..
!!!! Int.r..t Rlt. Dall~ Int.r..t FlGtor
Inter..t R.t.
Dall~ ]nt.r..t 'IOta,
~
1911
IHS
1_
IMS
1_
....Int"...
llX .aoo541
16% . aoou.
111 .aOOSll
Ill< ,OOOS16
III .aalZ74
I. calcul.tad .. foil....
.1
111
.1
n
or
.GlU47
.0GlSII
.1..147
.001Itz
.0UI47
191'
1'''-1"1
1""
1"5-1""
1'91-1"7
IHrERElT . BALANCE OF TAX UftPAID X KUKlER OF DAYS DELINQUENT X DAILY INlEIEIT FACTOR
....An1 MoUn hlUed .ftar the tu: blooM. "'l1~t ..111 r.fllGt In Inter..t ..lcul.Uon to flft..., ell) _.
beyond the dlt. of u,. ..M....t. If PlYNnt It .... .fter the lnter..t eOlPUt.tlon dlt. ..... on the
NoliN. IdcIltlOl'llI Intenlt ..It be ctlcul.t....
..:
H
~
~
r...Ul
0~E5
UlfilH
":PlUl
fil H
..:I ->
PI:><H
E-<e:l1l1
ZZ en
OOE-<en
:E01>:...
:ECJO
o Or...
CJe:lCJO
r... ~- .....
O:;jUl'<l'
E-<fil~;g
I>:l!ltc
o :E PI .
001>:0
CJCJO
,J
:'G!~.lli . -.
olS,Jfll ,
~sIJJsl~ \
m~J1"i ,_ ~,
!1,111hi ~~-
~J 11511~ ~i5 \,
B" e ,; ~
1; ... I~ ,
t~~~ifl~j)
Cl
e:l
~
~
-13 N'\J
! i 2;1 ~ {~\ \"
'IlZ .ll ~ ~ ~ \
z .8 'IS iZ I '. \
iliij;j~f "',,' \
11 ~lj~11 ~ i "-..
!It iJri.t!- !
f'llljltlif~~ ~\
i~Si sll' i
!~~~j, ~jf<.
[:jUl QJ I')
I.f I')
~II ..... III
::l !Il ~~
0'
III
fil ~ ~ ffi ~ ~
~~~ .
>- ~ .., Iz ~ en
QJ 0( 0 ~ I
~~~ u (S~l!:z~
III
...... z~zN
p., 5 ~o~~
0 . z ......
Q~tJ ..:I Cl
~ 0( - It'"
~..:E-< 't:J 1')::>.....
CD lll-
~~~ I.f 1')!1l
III It
.c: It
u ~
.....
I>:
E-<'"
UlCX)
0'"
I>:~
E-<
-
~::
H
~~
Ul
Cl
e:lfil
~~
.. ZQ
~ 8..:1
..:I
Z .H
:J:
Y/,
IU1 cJ.'U
u u.. l"l
..11I
" ""
c J.: ~
~ &i V
:so.
,,~~
_ a..
~ "
..cc ~
, :0=0 iI
1'- A
- 'D :;",Y
c""
.u- VI
, c:: l'
.....
"0-
-A"i~"O III
1"' -; 8-
\ '0 ~ 0 ~
~ ~ c~
.. -.
4.. .,.
, .
, "
4...,.,;,
,~
,:,;- It,.
,
oIf' .
-
.
, .~.
~;. ,.
&V15SI.(rJ
_~ I \:
! . )\!S"i .
-ct .
;"'4
.
".
'"
COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA
~\~, \ ,,),\\\
ORPHANS' COURT DIVISION
NO, 0~47 OF 1995
~\~.\w;,"'.i\.v~
J. DONALD SCHMIDT TRUST UNDER WILL DATED S/11/89
F/B/O PATRICIA A. SCHMIDT
\\\,'l - \'\\ '\\
,\."~,,,,"\'.
Il~,~~ - ,\.."l ...",.,..
"\'<> <j......."'\,
\,\\~
\\.... -
~a....a...~........................a............
~~
FIRST AND FINAL ACCOUNT OF
Manufacturers and Traders Truot Company, Succeosor
Dauphin Depooit Bank and Trust Company, Truotee
to
................................................................................
Date of Death:
May 31, 1995
Date of Trustee's first receipt of funds:
July 6, 1995
Accounting for the Period:
July 6, 1995 to
March 9, 2006
..==...............===..........................................................
Purpose of Account. Manufacturers and Traders Trust Company, Succeosor to
Dauphin Deposit Bank and Trust Company, Trustee, offero thio account to acquaint
interested parties with the transactions that have occurred during this
administration. Manufacturero and Tradero Trust Company has resigned as Truotee,
Pursuant to provioions under the will, Patricia A. Schmidt hao appointed LeTort
Management and Trust Company, Successor Trustee, and LeTort Management and Trust
Company has accepted the appointment. (Copies of the Reoignation, Appointment
and Acceptance are attached ao Exhibits.)
It io important that the account be carefully examined. Requesto for
additional information or questions or objectiono can be diocusscd with.
Manufacturers and Traders Trust Company
Successor to Dauphin Deposit Bank and Truot
1 Weot High Street
PO Box 220
Carliale, PA 17013
(717) 240-4508
Company
~,
CO;}
l_ ~l
en
"!
,(")
~ 11
"
,,'
or
~J
N
c.>
Richard L. Placey, Esquire
Placey & Wright
3621 N. Front Street
Harrisburg, PA 17110
(717) 236-9577
~
,
"
( ,
fit
, I
r J -~-t
J:'"
..
c
, '
\"
,
...., .
.
"
"
SUMMARY OF ACCOUNT
J, Donald Schmidt Trust under Will dated 5/11/09
For Period of 07/06/1995 through 03/09/2006
Page
Current
Value
Fiduciary
Acquioition
Value
proposed Distributions
to Beneficiarieo
67
670,912.65 669,551.62
............... ...............
PRINCIPAL
Receiptal
Thia Account
3-6
00S,536.46
Net Gain (or Loas) on Sales
or Other Diopooition
7-12
21,461,75
..-..--....--..--....-
026,990.21
Less Diaburoemento,
General Diaburaements
Feea and commiooions
74,61S,31
30,413,20
13-17
17-22
10S,020.S1
..---..--....---....- ....-..-..-----......-
Balance before Diotributiono
Distributions to Beneficiariea
721,969.70
60,073.11
23
....----.........--....-
Principal Balance on Hand
24
661,096.59
For Information,
Inveatmento Made
Changeo in Inveotment Holdings
25-29
30-37
INCOME
Receipta,
Thio Account
30-53
202,029.09
Net Gain (or LooO) on Saleo
or Other Dispooition
0,00
202,029.09
Leso Diabursemento
S4-60
10,10S.03
Balance Before Diotribution
Diotributions to Beneficiarieo
2';',644.06
2S6,909.03
61-65
----........--....--..
Income Balance on Hand
66
7,655.03
For Information,
Inveatmento Made
Changeo in Inveotment Holdings
COMBINED BALANCE ON HAND 669,551.62
.......a.......
2
,;"I
.
"
03/26/98
Marketvest Funds Inc. Equity
Fund "590 - Long Term Capital
Gains Distribution
03/30/98
Bank Adjuotment due to
conversion of ARK Funds
11/16/98
ARK Fds Value Equity Portfol~o
- Long Term Capital Gaino
Distribution
12/09/98
ARK Fds Value Equity Portfolio
- Long Term Capital Gaino
Diotribution
12/10/99
ARK Fds Intermediate Fixed
Income Portfolio - Long Term
Capital Gains Distribution
12/10/99
ARK Fds Short Term Bond
Portfolio - Long Term Capital
Gaino Diotribution
12/10/99
ARK Fds Value Equity Portfolio
- Long Term Capital Gains
Diotribution
12/08/00
ARK Fdo Blue Chip Equity
Portfolio - Short Term Capital
Gains Distribution
12/08/00
ARK Fdo Blue Chip Equity
Portfolio - Long Term Capital
Gains Distribution
12/08/00
ARK Fdo Capital Growth
Portfolio - Long Term Capital
Gains Distribution
12/08/00
ARK Fdo Capital Growth
Portfolio - Short Term Capital
Gains Diotribution
12/08/00
ARK Fdo Value Equity Portfolio
- Short Term Capital Gains
Distribution
12/08/00
ARK Fdo Value Equity Portfolio
- Long Term Capital Gaino
Distribution
05/03/01
Internal Revenue Service -
2000 1041 Refund
06/26/01
PA Depsrtment of Revenue -
2000 PA-41 Refund
4
"
706.14
(0.01)
13,791.10
3,309.10
158,60
124,79
4S,763.98
57.21
402.76
1,200.49
311.48
2,029.43
32,915,41
1,024.00
1,181,00
....
. " ~
12/11/01 ARK Fdo Intermediate Fixed 78,67
Income Portfolio - Long Term
Capital Gaino Diotribution
12/11/01 ARK Fdo Value Equity Portfolio 9,127.70
- Long Term Capital Gains
Distribution
12/20/02 ARK Fds Value Equity Portfolio 1,S33.35
- Long Term Capital Gains
Diotribution
01/02/03 Harbor International Fund ft11 115.25
- Long Term Capital Gaina
Distribution
04/30/03 PA Department of Revenue - 234,00
2002 PA-41 Refund
11/21/03 MTB Intermediate Term 1,493,42
Bond-Inot I Fund ft220 - Long
Term Capital Gains
Diotribution
11/21/03 MTB US Government Bond Inst I 16.77
Fund ft822 - Long Term Capital
Gaino Diotribution
12/31/03 Harbor International Fund ft11 122.84
- Long Term Capital Gains
Distribution
11/30/04 MTB Mid Cap Growth-Inst I Fund 328.41
ft401 - Long Term Capital Gains
Distribution
11/30/04 MTB Equity Income 815,16
Portfolio-Inst I Fund ft43 -
Long Term Capital Gaino
Diotribution
12/16/04 MTB Large Cap Stock Inot I 9,286.89
Fund ft315 - Long Term Capital
Gains Distribucion
12/17/04 MTB Small Cap Stock-Inst I 2,147.77
Fund #S71 - Long Term Capital
Gaino Distribution
01/03/05 Harbor International Fund #11 73.33
- Long Term Capital Gains
Distribution
11/29/05 MTB Large Cap Value-Inst I 2,063.S3
Fund #327 - Long Term Capital
Gaino Distribution
5
Jl
.
.
..
11/29/05
MTB Mid Cap Growth-Inst I Fund
#401 - Long Term Capital Gaino
Distribution
11/29/05
MTB Small Cap Stock-Inot I ,
Fund #571 - Long Term Capital
Gains Distribution
11/29/05
MTB Equity Income
Portfolio-Inst I Fund 043 -
Long Term Capital Gains
Distribution
11/29/05
MTB Large Cap Stock Inst I
Fund #31S - Long Term Capital
Gains Diotribution
12/21/05
Harbor International Fund #11
- Long Term Capital Gaina
Distribution
ADUSTMENTS:
oa/18/03
0.0002 share MTB US Government Bond
Inst I Fund 0822 - Share
Adjustment
'"
2,726.29
1,752.36
4,359.38
7,094.26
614.40
805,536.46
0.00
0.00
TOTAL RECEIPTS OF PRINCIPAL..,....."",..
6
805,536.46
J:lIJ:lICU::tJ:ll==_1I1I1I1I1Z1I
"..,.f',..;'"....
'"
" "
GAINS AND LOSSES ON SALES OR OTHER DISPOSITIONS - PRINCIPAL
Gain Loss
10/03/95 15,726 units Dauphin Depooit U.S.
Government Fixed Income Fund
Net Proceeds 160,552.16
Fid. Acq. Value 160,603.13 50.97
10/03/95 8,879 units Municipal Bond Fund
Net Proceeds 99,956.59
Fid, Acq. Value 99,991.43 34.84
03/04/96 137 units Common Stock Collective
Investment Fund
Net Proceeds 4,297,89
Fid. Acq. Value 3,866,22 431.67
03/04/96 287 unito Fixed Income Collective
Investment Fund
Net Proceeds 3,010,06
Fid. Acq, Value 2,994.27 15.79
04/01/96 315 units Common Stock Collective
Investment Fund
Net proceedo 10,051.74
Fid. Acq. Value 8,889.48 1,162.26
04/01/96 40,061 units Fixed Income Collective
Investment Fund
Net proceedo 415,773.73
Fid. Acq. Value 417,95S.96 2,182.23
06/03/96 50 units Common Stock Collective
Investment Fund
Net Proceeds 1,656.17
Fid. Acq. Value 1,411.03 245.14
09/04/96 52 unito Common Stock Collective
Investment Fund
Net Proceeds 1,677.70
Fid. Acq. Value 1,467.47 210,23
7
.;
, ~ .
09/15/98 18.794 ohares ARK Fds Value Equity
Portfolio
Net Proceeds 243.00
Fid. Acq. Value 166.75 76.25
01/08/99 143.251 shares ARK Fdo Value Equity
Portfolio
Net Proceeds 2,133.00
Fid. Acq. Value 1,306.1S 826.85
03/05/99 27,749.229 aha res ARK Fds US Government
Bond Portfolio
Net Proceeds 270,000,00
Fid. Acq. Value 277,473.41 7,473.41
04/06/99 154.052 shares ARK Fdo Value Equity
Portfolio
Net Proceeds 2,300,00
Fid. Acq. Value 1,404,63 0895.37
05/13/99 6,373.486 shares ARK Fds Value Equity
Portfolio
Net Proceeds 100,000.00
Fid. Acq. Value 58,112,89 41,887.11
04/03/00 209.644 shares ARK Fds Intermediate
Fixed Income Portfolio
Net Proceeds 2,000.00
Fid. Acq, Value 2,078.48 78.48
04/03/00 204,499 shares ARK Fdo Short Term Bond
Port folio
Net Proceeds 2,000.00
Fid. Acq. Value 2,031.21 31.21
04/03/00 212.089 shares ARK Fds US Government
Bond Portfolio
Net proceedo 2,000.00
Fid. Acq, Value 2,120,75 120.75
04/03/00 , 27S.862 shares ARK Fdo Value Equity
Portfolio
Net Proceeds 4,000.00
Fid. Acq, Value 2,S15.29 1,484.71
9
,; , .
06/09/00 1,059.322 aha rea ARK Fda Intermediate ,
Fixed Income Portfolio
Net proceeda 10,000.00
Fid. Acq. Value 10,S02,46 502.46
06/09/00 1,034.126 aha reo ARK Fdo short Term Bond
Portfolio
Net Proceedo 10,000.00
Fid. Acq. Value 10,271.S8 271.58
06/09/00 1,079.914 oharea ARK Fdo US Government
Bond Portfolio
Net proceeda 10,000.00
Fid. Acq, Value 10,798.41 798 .41
01/24/01 1,018.33 ohareo ARK Fda Intermediate
Fixed Income Portfolio
Net Proceeds 10,000.00
Fid. Acq. Value 10,096.06 96.06
01/24/01 1,007.049 aha res ARK Fda Short Term Bond
Portfolio
Net Proceeds 10,000.00
Fid, Acq, Value 10,002.64 2.64
01/24/01 1,898,188 oharea ARK Fdo Value Equity
Portfolio
Net Proceeds 22,000,00
Fid, Acq. Value 17,307,51 4,692,49
02/02/01 4,222.973 shares ARK Fdo Value Equity
Portfolio
Net Proceeds SO,OOO.OO
Fid, Acq. Value 38,504.70 11,495.30
01/08/02 482 , 16 shares ARK Fds International
Equity Selection Instl
Net Proceed a 4,045,32
Fid, Acq. Value 5,000,00 9S4.68
08/23/02 491.159 shares ARK Fda Intermediate
Fixed Income Portfolio
Net Proceeds 5,000.00
Fid. Acq. Value 4,869.52 130,48
10
,;
08/23/02
11/04/02
04/02/03
04/02/03
08/28/03
11/28/03
11/28/03
02/11/04
02/11/04
,
.
627.353 ahareo ARK Fdo Value Equity
portfolio
Net proceedo
Fid. Acq. Value
S,oOO.oo
5,720,15
720.15
502.008 ahareo ARK Fdo Short Term Bond
portfolio
Net proceedo
Fid, Acq. Value
5,000.00
4,986.26
13.74
477.555 aharea ARK Fdo Intermediate
Fixed Income portfolio
Net Proceedo
Fid. Acq. Value
5,000.00
4,734.64
265.36
500.S01 aharea ARK Fdo Short Term Bond
portfolio
Net proceedo
Fid. Acq, Value
S,OOO.OO
4,971.29
28,71
1,949.318 aharea MTB Intermediate Term
Bond-Inot I Fund "220
Net proceedo
Fid. Acq. Value
20,000.00
19,326,20
673.80
2,298.851 aharea MTB Large Cap Stock
Inot I Fund "315
Net proceeda
Fid, Acq, Value
20,000,00
23,987.24
3,987,24
2,074.689 ahareo MTB US Government Bond
Inot I Fund "822
Net proceedo
Fid. Acq. Value
20,000.00
20,093.85
93.8S
4,782.147 ahareo MTB Large Cap Stock
Inst I Fund "31S
Net proceedo
Fid. Acq. Value
4S,OOO,OO
49,899.07
4,899.07
1,030.928 aharea MTB US Government Bond
Inst I Fund "822
Net proceedo
Fid, Acq, Value
10,000.00
9,984,78
15,22
II
, \
..
,
07/01/04
530.786 ohareo MTB US Government Bond
Inot I Fund U822
Net Proceeds
Fid, Acq. Value
S,OOO.oo
S,140.79
09/16/04
1,043.841 ohareo MTB US Government Bond
Inot I Fund U822
Net Proceeds
Fid. Acq. Value
10,000.00
10,109.85
09/16/04
1,043.841 shareo MTB US Government Bond
Inst I Fund U822
Net Proceedo
Fid. Acq. Value
10,000.00
10,109.85
12/06/0S
1,243.008 ohares MTB Multi Capital
Growth-Inot I Fund U430
Net Proceeds
Fid. Acq. Value
20,000.00
27,03S.17
01/03/06
872.S05 shareo MTB Multi Capital
Growth-Inot I Fund U430
Net Proceeds
Fid. Acq. Value
13,811.75
18,976.80
01/03/06
6,045.949 ohares MTB Large Cap Stock
Inot I Fund U31S
Net Proceeds
Fid. Acq. Value
SO,OOO,OO
61,118.64
03/09/06
l,S41.624 shares MTB Short Term
Corporation Bd-Inot I-US18
Net Proceedo
Fid. Acq. Value
lS,OOO.OO
lS,312.37
03/09/06
S95,238 ohares MTB Large Cap Stock
Inst I Fund U31S
Net Proceeds
Fid. Acq, Value
5,000.00
6,017.27
-
_.~_.'
-'-..,-
.
140.79
109,85
109.85
7,035,17
5,165,05
11,118.64
312,37
1,017,27
TOTAL GAINS AND LOSSES/PRINCIPAL,..,.......
68,784.40
----------------------------
47,322,65
LESS LOSS.............................
47,322.65
NET GAIN OR LOSS......,..,.....,...........
--------------
21,461.7S
a======a===AIID
12
..
,
DISBURSEMENTS OF PRINCIPAL
GENERAL DISBURSEMENTS
---------------------
09/01/95 Equitable Life of Iowa - 1,736.66
Payment of Loan on Policy
HUS4972
03/2S/96 Internal Revenue Service - 5,099.00
1995 Fiduciary Income Tax
03/2S/96 PA Department of Revenue _ S4l.00
1995 Fiduciary Income Tax
04/11/96 Internal Revenue Service - 1,500.00
1996 1st Quarter Estimated
Fiduciary Income Tax
04/1S/96 PA Department of Revenue - 1S0,OO
1996 1st Quarter Estimated
Fiduciary Income Tax
06/10/96 Internal Revenue Service - 1,500.00
1996 2nd Quarter Estimated
Fiduciary Income Tax
06/10/96 PA Department of Revenue - 1S0.00
1996 2nd Quarter Estimated
Fiduciary Income Tax
09/09/96 PA Department of Revenue - 150.00
1996 3rd Quarter Eotimated
Fiduciary Income Tax
09/12/96 Internal Revenue Service - 1,500.00
1996 3rd Quarter Estimated
Fiduciary Income Tax
12/27/96 PA Department of Revenue - 1S0.00
1996 4th Quarter Estimated
Fiduciary Income Tax
12/30/96 Internal Revenue Service - 1,500.00
1996 4th Quarter Estimated
Fiduciary Income Tax
06/09/97 Internal Revenue Service - 450.00
1997 2nd Quarter Estimated
Fiduciary Income Tax
09/09/97 Internal Revenue Service - 450,00
1997 3rd Quarter Estimated
Fiduciary Income Tax
13
~
,
12/29/97 Internal Revenue Service - 450.00
1997 4th Quarter Eotimated
Fiduciary Income Tax
04/0B/9B PA Department of Revenue 771.00
1997 Fiduciary Income Tax -
Balance due
04/13/9B Internal Revenue Service - 5,762,00
1997 Fiduciary Income Tax -
Balance due
04/13/9B PA Department of Revenue - 243 .00
199B 1st Quarter Eotimated
Fiduciary Income Tax
04/15/9B Internal Revenue Service - l,B92,OO
199B lot Quarter Estimated
Fiduciary Income Tax
06/11/9B Internal Revenue Service - l,B91.00
199B 2nd Quarter Estimated
Fiduciary Income Tax
06/11/9B PA Department of Revenue - 242.00
199B 2nd Quarter Estimated
Fiduciary Income Tax
09/10/9B Internal Revenue Service - l,B91.00
199B 3rd Quarter Estimated
Fiduciary Income Tax
09/11/9B PA Department of Revenue - 243.00
199B 3rd Quarter Estimated
Fiduciary Income Tax
12/31/9B Internal Revenue Service - 1, B91. 00
199B 4th Quarter Eotimated
Fiduciary Income Tax
12/31/9B PA Department of Revenue - 242.00
199B 4th Quarter Estimated
Fiduciary Income Tax
09/09/99 PA Department of Revenue - 41.00
1999 3rd Quarter Eotimated
Fiduciary Income Tax
12/2B/99 Internal Revenue Service - 202.00
1999 4th Quarter Estimated
Fiduciary Income Tax
12/2B/99 PA Department of Revenue - 14S.00
1999 4th Quarter Eotimated
Fiduciary Income Tax
14
" , ,
03/30/00 Internal Revenue Servico - 10,822,00
1999 Fiduciary Income Tax ..
Balance due
03/30/00 PA Department of Revenue - 1.512,00
1999 Fiduciary Income Tax -
Balance due
04/13/00 Internal Revenue Service - 3.677.00
2000 1st Quarter Eotimated
Fiduciary Income Tax
04/13/00 PA Department of Revenue - 523.00
2000 lot Quarter Estimated
Fiduciary Income Tax
06/12/00 Internal Revenue Service - 3,677.00
2000 2nd Quarter Eotimated
Fiduciary Income Tax
06/12/00 PA Department of Revenue - 523.00
2000 2nd Quarter Estimated
Fiduciary Income Tax
09/01/00 Transferred to Income 425.66
09/14/00 PA Department of Revenue - 529.00
2000 3rd Quarter Estimated
Fiduciary Income Tax
11/01/00 Tranoferred to Income 171.6S
12/01/00 Transferred to Income 47,07
12/29/00 PA Department of Revenue - 525.00
2000 4th Quarter Estimated
Fiduciary Income Tax
04/12/01 Internal Revenue Service - 93.00
2001 1st Quarter Estimated
Fiduciary Income Tax
11/01/01 Tranoferred to Income 416.1S
12/03/01 Transferred to Income 264.18
12/31/01 Transferred to Income 396.49
01/31/02 Transferred to Income 196,04
03/01/02 Transferred to Income 464,79
04/01/02 Transferred to Income 654 .94
04/09/02 Internal Revenue Service - 1,580.00
2001 Fiduciary Income Tax -
Balance due
]5
.c"..........__""...",,,c.
'. ,
04/09/02 PA Department of Revenue - 273.00
2001 Fiduciary Income Tax -
Balance due
05/01/02 Tranoferred to Income 466.15
06/12/02 PA Department of Revenue - 140.00
2002 2nd Quarter Eotimated
Fiduciary Income Tax
08/01/02 Tranoferred to Income 1,420.19
09/20/02 PA Department of Revenue - 70,00
2002 3rd Quarter Eatimated
Fiduciary Income Tax
11/05/02 Tranoferred to Income 300.66
12/03/02 Tranaferred to Income 732.61
12/05/~2 Tranaferred to Income 88.07
12/24/02 PA Department of Revenue - 70.00
2002 4th Quarter Eotimated
Fiduciary Income Tax
01/03/03 Transferred to Income 421.64
01/06/03 Tranoferred to Income 88,35
01/31/03 Transferred to Inccme 2,150.00
02/28/03 Tranoferred to Income 858.92
03/31/03 Transferred to Income 1,035,49
OS/01/03 Tranoferred to Income S63.93
06/02/03 Tranoferred to Income 886.28
08/01/03 Transferred to Income 1,814.81
09/02/03 Transferred to Income 768,92
09/15/03 PA Department of Revenue - 48.00
2003 3rd Quarter Estimated
Fiduciary Income Tax
09/22/03 Transferred to Income 989,27
11/24/03 Transferred to Income 1,626,78
12/01/03 Tranaferred to Income 100.00
12/19/03 Tranoferred to Income 914.61
16
.
12/27/04
04/11/05
09/1S/05
12/28/05
03/20/96
04/04/96
11/06/96
04/0S/99
05/0S/99
06/07/99
07/06/99
PA Department of Revenue -
2004 4th Quarter Estimated
Fiduciary Income Tax
SO.OO
PA Department of Revenue -
2004 Fiduciary Income Tax -
Balance due
336.00
PA Department of Revenue -
2005 3rd Quarter Estimated
Fiduciary Income Tax
294.00
PA Department of Revenue -
200S 4th Quarter Estimated
Fiduciary Income Tax
98.00
Reserves:
2006 PA Fiduciary Income Tax
179.00
cumberland County Register of
wills - Filing Feea
550.00
TOTAL GENERAL DISBURSEMENTS......,......,...,....."
FEES AND COMMISSIONS
Richard L. Placey, Eoquire
Placey & Wright - Attorney
Fee REI 105-95 Repreoentation
from 5/31/95 thru 2/26/96
7,000,00
Richard L. Placey, Esquire
Placey & Wright - Attorney
Fee REI 105-95 Repreoentation
from 5/31/95 thru 2/26/96 -
Balance due
2,752.41
Richard L. Placey, Esquire
Placey & Wright - Attorney
Fee REI 105-95 Representation
from 3/1/96 thru 10/9/96
403.00
Dauphin Deposit Bank and
Trust Company - Trustee's Fee
Dauphin Deposit Bank and
Trust Company - Trustee's Fee
Dauphin Deposit Bank and
Trust Company - Trustee's Fee
Allfirot Trust Company of PA,
NA - Tl~stee Fee
181.39
184.64
183.08
184.81
17
74,615.31
~ .
OB/05/99 Allfirot Trust Company of PA, lB2.37
NA - Truotee Foe
09/07/99 Allfirst Truot company of PA. lB2.51
NA - Trustee Fee
10/05/99 Allfirot Truot Company of PA, 179.91
NA - Truotee Fee
11/0S/99 Allfirst Trust Company of PA, lBO.3B
NA - Trustee Fee
12/06/99 Allfirot Truot Company of PA. lB2.56
NA - Trustee Fee
01/05/00 Allfirot Trust Company of PA, lB5.09
NA - Trustee Fee
02/07/00 Allfirst Truot Company of PA, lB6.BB
NA - Truotee Fee
03/06/00 Allfirot Truot company of PA. lBB.Ol
NA - Trustee Fee
04/05/00 Allfirst Trust Company of PA. lB7.31
NA - Trustee Fee
05/0S/00 Allfirot Trust company of PA. lBl.12
NA - Truotee Fee
06/05/00 Allfirst Trust Company of PA, lB4 . 11
NA - Trustee Fee
07/0S/00 Allfirst Truot Company of PA, 192,56
NA - Truotee Fee
OB/07/00 Allfirot Trust Company of PA. 191.91
NA - Trustee Fee
09/05/00 Allfirst Trust Company of PA. 194.72
NA - Truotee Fee
10/0S/00 Allfirot Trust Company of PA. 190.29
NA - Trustee Fee
11/06/00 Allfirot Trust Company of PA. 190,62
NA - Trustee Fee
12/0S/00 Allfirst Truot Company of PA, lBB.64
NA - Truotee Fee
01/05/01 Allfirst Truot Company of PA. 202.BB
NA - Trustee Fee
02/05/01 Allfirst Truot Company of PA. lB5.00
NA - Truotee Fee
18
,
03/05/01 Allfirot Truot Company of PA, 181.97
NA - Truotee Fee
04/05/01 Allfirot Truot Company of PA. 177.61
NA - Truotee Fee
05/07/01 Allfirot Trust Company of PA. 182.86
NA - Trustee Fee
06/0S/01 Allfirst Trust Company of PA, 183.12
NA - Truotee Fee
07/05/01 Allfirot Trust Company of PA, 181.10
NA - Truotee Fee
08/06/01 Allfirst Trust Company of PA. 181,36
NA - Trustee Fee
09/05/01 Allfirst Trust Company of PA, 178.80
NA - Trustee Fee
10/05/01 Allfirst Trust Company of PA, 177 .12
NA - Truotee Fee
11/05/01 Allfirot Trust Company of PA. 178.1S
NA - Trustee Fee
12/05/01 Allfirst Truot Company of PA, 178.98
NA - Trustee Fee
01/07/02 Allfirst Trust Company of PA, 182.05
NA - Truotee Fee
02/05/02 Allfirst Trust Company of PA. 174,04
NA - Trustee Fee
03/05/02 Allfirot Truot Company of PA, 174.76
NA - Trustee Fee
04/05/02 Allfirst Truot Company of PA, 173 .12
NA - Truotee Fee
05/06/02 Allfirot Trust Company of PA, 170.53
NA - Trustee Fee
06/05/02 Al1first Truot Company of PA. 168.61
NA - Trustee Fee
07/05/02 Allfirst Trust Company of PA, 165.22
NA - Truotee Fee
08/05/02 A11first Truot Company of PA, 161.99
NA - Truotee Fee
09/05/02 A11first Trust Company of PA. 163.07
NA - Truotee Fee
19
.
10/07/02 Allfirst Trust Company of PA, 159.56
NA - Truotee Fee
11/0S/02 Allfirst Truot Company of PA, 163.71
NA - Trustee Fee
12/05/02 Allfirst Truot Company of PA, 163.57
NA - Trustee Fee
01/06/03 Allfirst Trust Company of PA, 164.07
NA - Trustee Fee
02/05/03 Allfirst Trust Company of PA, 161.77
NA - Trustee Fee
03/0S/03 Allfirst Trust Company of PA, 160.67
NA - Trustee Fee
04/07/03 Allfirst Trust Company of PA, 16S.0S
NA - Truotee Fee
05/05/03 Allfirst Trust Company of PA, 166.92
NA - Trustee Fee
06/05/03 Allfirst Trust Company of PA, 169.83
NA - Truotee Fee
07/07/03 Allfirst Truot Company of PA, 168.53
NA - Truotee Fee
08/06/03 Manufacturers and Tradero 165,63
Trust Company - Truotee Fee
09/08/03 Manufacturers and Tradero 168,04
Trust Company - Truotee Fee
10/06/03 Manufacturers and Tradero 167,90
Trust Company - Truotee Fee
11/06/03 Manufacturers and Tradero 167.91
Trust Company - Truotee Fee
12/08/03 Manufacturers and Traders 168.45
Trust Company - Trustee Fee
01/06/04 Manufacturers and Tradero 170.09
Trust Company - Trustee Fee
02/06/04 Manufacturers and Tradero 169,87
Trust Company - Trustee Fee
03/08/04 Manufacturers and Traders 179.03
Trust Company - Truotee Fee
04/06/04 Manufacturers and Traders 177.40
Trust Company - Truotee Fee
20
.
05/06/04 Manufacturero and Tradero 174.14
Truot Company - Truotee Fee
06/07/04 Manufacturero and Tradero 172.49
Truot Company - Truotee Fee
07/06/04 Manufacturers and Tradero 174.53
Truot Company - Truotee Fce
08/06/04 Manufacturero and Tradero 171.36
Truot Company - Truotee Fee
09/07/04 Manufacturers and Tradero 172.18
Trust Company - Truotee Fee
10/06/04 Manufacturero and Tradero 179,00
Trust Company - Trustee Fee
11/0S/04 Manufacturero and Tradero 179.93
Trust Company - Truotee Fee
12/06/04 Manufacturers and Tradero 181.03
Truot Company - Truotee Fee
01/06/0S Manufacturero and Tradero 180 . 12
Truot Company - Truotee Fee
02/07/0S Manufacturero and Traders lS0.75
Truot Company - 'l'ruotee Fee
03/07/05 Manufacturers and Tradero 181. 08
Truot Company - Truotee Fee
04/06/05 Manufacturers and Traders 177,91
Trust Company - Trustee Fee
05/06/0S Manufacturers and Traders 176,95
Trust Company - Trustee Fee
06/06/0S Manufacturero and Tradero 177.79
Trust Company - Trustee Fee
07/06/0S Manufacturero and Tradero 177,68
Trust Company - Trustee Fee
OS/OS/OS Manufacturers and Traders 176.66
Trust Company - Trustee Fee
09/06/0S Manufacturers and Traders 176,73
Trust Company - Truotee Fee
10/06/0S Manufacturers and Tradero 174,64
Trust Company - Trustee Fee
11/07/05 Manufacturers and Traders 174.33
Truot Company - Truotee Fee
21
12/06/05 Manufacturers and Tradero
Trust Company - Trustee Fee
01/06/06 Manufacturero and Traders
Trust Company - Trustee Fee
02/06/06 Manufacturers and Tradero
Truot Company - Trustee Fee
03/06/06 Manufacturers and Traders
Trust Company - Trustee Fee
ReserveBE
Manufacturers and Traders
Truot Company - Termination
Fee
218.56
226.80
224.78
225.10
5,200.00
TOTAL FEES AND COMMISSIONS..........................
TOTAL DISBURSEMENTS OF PRINCIPAL.,...,..,. ..,.. . ,..,.
22
30,413.20
105,028.51
1::11111111111II....111111.11
DISTRIBUTIONS OF PRINCIPAL TO BENEFICIARIES
Patricia A. Schmidt
~~-----------------
12/12/00
01/22/01
Distribution per Requeot
1,500.00
Distribution per Requeot in
Letter dtd 1/16/01
24,176.11
.02/02/04
03/01/04
03/31/04
04/30/04
06/01/04
06/30/04
09/16/04
Distribution
2,150.00
Diatribution
2,150.00
Distribution
2,150.00
Distribution
2,150.00
Distribution
2,150,00
Distribution
2,150,00
Diatribution per Requeot by
Letter dtd 9/15/04
3,400,00
06/30/05
08/01/05
08/05/05
Distribution
2,150.00
Distribution
2,150,00
Distribution - Reimbursement
for Mioce11aneouo Expenses
2,500.00
09/31/05
09/30/0S
10/31/05
11/30/05
01/17/06
Diotribution
2,150,00
Distribution
2,150,00
Distribution
2,150.00
Diotribution
2,150,00
Distribution - Reimbursement
for Painting
2,697.00
60,073 ,11
TOTAL DISTRIBUTIONS TO BENEFICIARIES, .""
60,073.11
11I.11........1111.
23
08/02/95
08/02/95
09/05/95
09/05/95
09/06/95
10/03/95
11/02/95
11/02/95
04/01/96
04/30/96
07/24/97
07/24/97
08/14/97
INVESTMENTS MADE - PRINCIPAL
# unito
Cost
8,879 unito Municipal Bond Fund -
units purchased
99,991. 43
3,532 units Common Stock Collective
Inveotment Fund - units
purchased
99,990.53
3,805 units Common Stock Collective
Investment Fund - units
purchased
107,060.74
15,403 unito Fixed Income Collective
Investment Fund - units
purchased
160,604.06
15,726 units Dauphin Deposit U.S.
Government Fixed Income Fund
- units purchased
160,603,13
24,912 unito Fixed Income Collective
Investment Fund - unito
purchased
259,999,47
33 unito Fixed Income Collective
Investment Fund - unito
purchased
346,70
s units Common Stock Collective
Investment Fund - unito
purchased
144.08
41,577,373 shareo Marketvest Fundo Inc.
Intermediate US Government
Bond Fund "S93 - shareo
purchased
415,773.73
33.972 shareo Marketvest Funds Inc.
Equity Fund "590 - shareo
purchased
349.23
107,079 shares Marketvest Funds Inc.
Equity Fund "590 - shareo
purchased
1,470.20
202.84 shares Marketvest Funds Inc,
Intermediate US Government
Bond Fund "593 - shareo
purchaoed
2,000.00
15.194 shares Marketvest Fundo Inc,
Equity Fund "590 - shares
purchased
208.01
25
12/18/97 1,868.469 ohareo Marketveot Fundo Inc. 24,028.52
Equity Fund "590 - ohareo
purchaoed
11/16/98 1,004.45 ohareo ARK Fdo Value Equity 13,791.10
Portfolio - ohareo purchaoed
12/09/98 234,8S5 ohareo ARK Fdo Value Equity 3,309.10
Portfolio - ohareo purchaoed
03/08/99 13,608.871 ohareo ARK Fdo Intermediate 13S,OOO.00
Fixed Income Portfolio -
ohareo purchaoed
03/08/99 13,595.166 ohareo ARK Fdo Short Term 135,000,00
Bond Portfolio - ohareo
purchaoed
05/14/99 5,030.181 ohareo ARK Fdo Short Term SO,OOO.OO
Bond Portfolio - ohareo
purchaoed
05/14/99 5,050.S05 ohareo ARK Fdo Intermediate SO,OOO.OO
Fixed Income Portfolio -
ohareo purchaoed
12/10/99 16.486 ohareo ARK Fda Intermediate 158.60
Fixed Income Portfolio -
ohareo purchaoed
12/10/99 12.708 ohareo ARK Fdo Short Term 124 . 79
Bond Portfolio - shares
purchaoed
12/15/99 800.915 ohareo ARK Fdo Capital Growth 17,500,00
Portfolio - ohareo purchaoed
12/15/99 823.142 ohareo ARK Fdo Blue Chip 17,500.00
Equity Portfolio - ohareo
purchaaed
12/08/00 72.796 ohareo ARK Fdo Capital Growth 1,511.97
Portfolio - ohareo purchaoed
12/08/00 21.748 ohareo ARK Fdo Blue Chip 459.97
Equity Portfolio - shares
purchaoed
01/24/01 781.609 ohareo ARK Fdo Capital Growth 17,000.00
Portfolio - ohareo purchased
01/24/01 1,847.575 ohares ARK Fdo Blue Chip 40,000,00
Equity Portfolio - shares
purchaoed
26
02/02/01
02/02/01
02/02/01
02/02/01
12/11/01
01/00/02
01/00/02
01/00/02
00/23/02
01/02/03
00/13/03
00/20/03
00/20/03
11/21/03
11/21/03
11/20/03
402.16 shares ARK Fda International
Equity Selection Inot1 -
ohareo purchased
5,000.00
460.193 shareo ARK Fda capital Growth
portfolio - ohareo purchased
10,000.00
1,137.915 ohares ARK Fds Blue Chip
Equity Portfolio - shares
purchased
2S,000.00
700,717 shares ARK Fda Mid Cap
Portfolio - ohareo purchaaed
10,000.00
7.914 ohareo ARK Fdo Intermediato
Fixed Income Portfolio -
ohareo purchaaed
70.67
390,625 shares ARK Fdo Mid Cap
Portfolio - ohares purchaoed
5,000.00
659.703 shares ARK Fda Blue Chip
Equity Portfolio - shares
purchased
12,000.00
232.401 ohareo Harbor International
Fund "11 - share a purchased
7,000.00
1,097.695 shares ARK Fds Equity Income
Portfolio - shareo purchased
10,000,00
4.694 ohareo Harbor International
Fund "11 - shares purchased
125.27
9.394 ohareo ARK Fds US Government
Bond Portfolio - shares
purchased
93.20
1,196.172 shares MTB Equity Index-Inst
I Fund "134 - shares
purchased
10,000.00
1,145.475 shares MTB Equity Income
Portfolio-Inot I Fund "43
ohares purchased
10,000.00
161.550 shares MTB Intermediate Term
Bond-Inot I Fund "220 -
ohares purchased
l,6S9,20
1.734 ohares MTB US Government Bond
Inst I Fund "022 - shares
purchased
16.77
1,092.096 shares MTB Small Cap
Stock-Inot I Fund "571 -
ohares purchaoed
10,000.00
27
11/28/03 1,127.396 shareo MTB Equity Index-Inot 10,000.00
I Fund Q134 - shareo
purchased
11/28/03 1,996,008 shares MTB Large Cap 20,000.00
Value-Inst I Fund "327 -
shares purchaoed
12/31/03 3.615 shares Harbor International 132.09
Fund "11 - ohares purchased
02/11/04 260.892 shares Harbor International 10,000.00
Fund "11 - shares purchased
02/11/04 998.004 ohareo MTB Small Cap 10,000.00
Stock-Inot I Fund "571 -
sharea purchaoed
02/11/04 356,379 shares MTB Mid Cap 5,000.00
Growth-Inst I Fund "401 -
shares purchased
02/11/04 913.242 ohares MTB Large Cap 10,000.00
Value-Inot I Fund "327 -
shares purchaoed
02/11/04 1,043.841 shares MTB Equity Index-Inst 10,000.00
'I Fund "134 - shares
purchased
11/30/04 86.305 ohares MTB Equity Income 8S4,42
Portfo1io-Inst I Fund "43 -
shares purchased
11/30/04 22.265 shareo MTB Mid Cap 328,41
Growth-Inot I Fund "401 -
ohares purchased
12/16/04 l,3S6.443 ohareo MTB Large Cap Stock 11,299.17
Inot I Fund "315 - ohares
purchased
12/17/04 291.965 shareo MTB Small Cap 2,S66,37
Stock-Inst I Fund "571 -
ohares purchaoed
01/03/05 1. 715 ohares Harbor International 73.33
Fund "11 - ohareo purchased
11/29/05 19S.986 shareo MTB Large Cap 2,277.36
Value-Inot I Fund "327 -
shareo purchaoed
11/29/05 182.117 shares MTB Mid Cap 2,726.29
Growth-Inot I Fund "401 -
shares purchased
28
11/29/05 201.189 shares MTB Small Cap 1,752.36
Stock-Inat I Fund tl571 -
shared purchaoed
11/29/05 687.696 ohareo MTB Equity Income 5,432.80
Portfolio-Inot I Fund tl43 -
ohares purchased
11/29/05 842.549 shares MTB Large Cap stock 7,094.26
Inot I Fund tl315 - shares
purchased
12/21/05 12.608 ohares Harbor International 614 .40
Fund tlll - oharea purchased
01/03/06 6,274.131 shares MTB Equity Index-Inot 65,000.00
I Fund tl134 - shared
purchased
29
CHANGES IN INVESTMENT HOLDINGS - PRINCIPAL
Cost
ARK Fds Blue Chip Equity Portfolio
----------------------------------
12/15/99
12/00/00
01/24/01
02/02/01
01/00/02
00/10/03
023.142 shares purchased
21,740 sharea purchased
l,047.57S shares purchased
1,137,915 ohares purchased
6S9.703 shares purchased
(4,490.003)ohares delivered in merger due
to conversion of MTB Large Cap
Stock Inot I Fund "315
17,500.00
459,97
40,000.00
25,000.00
12,000.00
(94,959.97)
o
0.00
...............
.......a.......
ARK Fdo Capital Growth portfolio
--------------------------------
12/15/99
12/00/00
01/24/01
02/02/01
00/22/03
000,91S shares purchased
72.796 ohares purchaaed
701.609 sharea purchased
460.193 sharea purchased
(2,l15.513)sharea delivered in merger due
to conversion of MTB Multi
Capital Growth-Inot I Fund
"430
17,500.00
1,511.97
17,000.00
10,000.00
(46,011,97)
o
0,00
1I.lIl11l1l1l1l1l1aalilUila
IU=....III1.IIDIII....
ARK Fds Equity Income Portfolio
00/23/02
00/22/03
1,097.695 shares purchased
(l,097,69S)ohares delivered in merger due
to conversion of MTB Equity
Income Portfolio-Inot I Fund
"43
10,000.00
(10,000.00)
o
0.00
..aaaIlIlIlIlDa..a.
1ilIIlIlIlacall.II....
30
o
0.00
ARK Fds International Equity
Selection Instl
----------------------------
02/02/01
01/08/02
482.16 ohareo purchssed
(482.161shares sold
5,000.00
(5,000.001
......----............-..
--.........-......---..
D................
...............
ARK Fds Intermediate Fixed Income
Portfolio
---------------------------------
03/08/99
05/14/99
12/10/99
04/03/00
06/09/00
01/24/01
12/11/01
08/23/02
04/02/03
08/1S/03
13,608.871 ohareo purchaoed
5,OSO.505 shares purchased
16.486 shares purchaoed
(209.644)ohares sold
(l,059,322)ohareo oold
(l,018,33)shareo sold
7.914 shares purchaoed
(491.159)ohareo sold
(477.S551shares sold
(15,427.766)ohares delivered in merger due
to conversion of MTB
Intermediate Term Bond-Inot I
Fund #220
135,000.00
50,000,00
1S8.60
(2,078,48)
(10,502,46)
(10,096.06)
78.67
(4.869,52)
(4,734.641
(152,9S6,l1)
.............---..--..-
o
0.00
CI'_II~CllIIZ.===..aa..
...CAllllllaa...1I
ARK Fdo Mid Cap Portfolio
-------------------------
02/02/01
01/08/02
08/22/03
708.717 shareopurchaoed
390.62S shares purchased
(l,099.342)ohareo delivered in merger due
to conversion of MTB Mid Cap
Growth-Inot I Fund #401
10,000,00
5,000.00
(15,000.00)
.................-..--....
o
0.00
, ...aa...aIiU.Aaa&:
DaaaaDIIAllllallll1lll
31
1/24/01
02/02/01
08/23/02
08/18/03
d (l,898.188)shares sold
(4,222.973)ohares sold
(627.353)shareo sold
(11,179.274)shares delivered in merger due
to conversion of MTB Large Cap
Stock Inst I Fund n315
(17,307,S1)
(38,504.70)
(5,720.1S)
(101,931.63)
o
0.00
......IIIIIIII.DDC..
..............
Common Stock Collective Investment
Fund
----------------------------------
08/02/95
09/05/95
11/02/95
03/04/96
04/01/96
06/03/96
09/04/96
12/03/96
09/04/97
11/05/97
3,532 units purchased
3,80S units purchased
S unito purchsoed
(1371unito sold
(31S)units sold
(50)units sold
(52) uni to sold
(45)units sold
(10)unito sold
(6,733)units exchanged for 22,327.027
aha reo Marketveot Funds Inc.
Equity Fund n590
99,990,S3
107,060.74
144,08
(3,866.22)
(8,889.48)
(1,411.03)
(1,467.47)
(1,269.93)
(282.21)
(190,009.011
o
0.00
llIiU&.D=a..llallllaa
1I1I1I..alllllla.D..D
Dauphin Deposit U,S, Government
Fixed Income Fund
---------------.---------------
09/06/95
10/03/95
15,726 units purchaoed
(lS,726)unito sold
160,603,13
(160,603,13)
o
0.00
..IIII..Q........
..............
Fixed Income Collective Investment
Fund
----------------------------------
09/05/95
10/03/95
11/02/95
03/04/96
04/01/96
15,403 units purchaoed
24,912 unito purchaoed
33 units purchased
(287) units sold
(40,061)unito sold
160,604.06
259,999,47
346.70
(2,994,27)
(417,955.961
o
0.00
....gg.........
lIall..IIII...Clllall
33
~.. -_.
,
MTB Large Cap Value-Inot 1 Fund "327
--------------------.---------------
11/28/03
02/11/04
11/29/05
1,996,008 shares purchased
913.242 shares purchased
195,986 shares purchaoed
20,000.00
10, 000.00
2,277.36
3,10S.236
32,277.36
1I..==a:a==lIaaaDa
a..aD...............
MTB Mid Cap Growth-Inat 1 Fund "401
-----------------------------------
08/22/03
1,099,342 shares received in merger due
to conversion of ARK Fds Mid
Cap Portfolio at the rate of 1
share for each share held
3S6,379 shares purchased
22.265 shares purchased
182.117 nhares purchased
15,000,00
02/11/04
11/30/04
11/29/0S
5, 000,00
328,41
2,726.29
1,660.103
23, OS4 .70
lIallla....=a==aa..a
.a..a..=allaa...
MTB Multi Capital Growth-Inot 1 Fund
"430
------------------------------------
08/22/03
2,11S.513 ohares received in merger due
to conversion of ARK Fds
Capital Growth Portfolio at
the rate of 1 share for each
share held
(l,243,008)shares sold
(872.505)shares sold
46,011.97
12/06/0S
01/03/06
(27, 03S ,17)
(18,976.80)
o
0.00
....a..a...aaa
lIa.a..a.lla....
MTB Short Term Corporation Bd-Inst
1-"518
----------------------------------
08/22/03
15,389,872 ohares received in merger due
to conversion of ARK Fds Short
Term Bond Portfolio at the
rate of 1 share for each share
held
(l,541,624)shares oold
1S2, 861. 81
03/09/06
(15,312,37)
13,848.248
137,549.44
liIa.aaalllaaIllIllDII=
IIIIDIIDIIDIlJIIIIDD;IIII
35
..__.<...,..,,'_.....,'...,.,,~,-..'>., .-.g-;-."-"",,",,-,;-,-,,~,,,',,-
RECEIPTS OF INCOME
DIVIDENDS
................-....-..-
ARK Fda Blue Chip Equity portfolio
------------..-..-..--..-....----..------
20.91
9.96
17.29
14.24
13.01
71.25
33.32
52.48
29.08
32.69
116.40
73.32
03.43
12U.69
04',10
89.04
12/30/99
04/03/00
07/03/00
10/02/00
01/02/01
04/02/01
07/02/01
10/01/01
01/02/02
04/01/02
07/01/02
10/01/02
01/02/03
04/01/03
07/01/03
08/13/03
..............-.
810.01
ARK Fda Capital Growth Portfolio
-------------..-----------...-..-..
14.15
01/02/01
ARK Fda Equity Income portfolio
-------------------------------
18.05
18,32
7.22
27.89
9.60
16.85
20,13
15.20
22.44
17.46
13.86
7.94
09/03/02
10/01/02
11/01/02
12/02/02
01/02/03
02/03/03
03/03/03
04/01/03
05/01/03
06/02/03
07/01/03
08/01/03
...-------------
194.96
ARK Fda International Bquity Delection
Inatl
----------.---------.-..----.-.------.
8.00
01/02/02
38
08/06/97
09/04/97
10/03/97
11/04/97
316.73
330.19
233.03
266.53
--------..-..---
Harbor International Fund "11
---------.....----......----............
78.10
119.96
278.55
518.82
01/02/03
12/31/03
01/03/05
12/21/05
-------..-......--
Marketvest Funds Inc. Equity Fund "590
--..-..----..-..--..----..-....----..-..-------
0.42
0.47
0.46
0.45
0.44
0.46
0.44
0.46
0.41
0.42
0.43
0.46
0.48
0.48
2.00
2.30
1.63
1.86
274.28
292.21
243.50
292.20
301.94
05/31/96
07/01/96
07/31/96
08/30/96
09/30/96
10/31/96
11/29/96
12/31/96
02/04/97
02/28/97
04/01/97
05/01/97
06/03/97
07/01/97
08/01/97
09/02/97
10/01/97
10/31/97
12/01/97
12/31/97
02/03/98
02/28/98
03/27/98
......--.....-.--......
MTO Equity Index-Inst I Fund "134
-----.--........--....---....-------..-..--
37.08
79.00
84.19
111.12
141.43
242.45
124.59
131. 33
131.33
154.90
09/30/03
12/31/03
04/05/04
06/30/04
09/30/04
12/30/04
03/30/05
06/29/05
09/29/05
12/29/05
..----...--..--.....
40
9,233.39
995.43
1,418.20
1,237.42
MTO Large Cap Value-Inst I Fund "327
....----....--..--..----------------------
43.91
61. 09
64.00
75.64
87.28
58.19
61.09
61. 09
74.53
12/31/03
04/05/04
06/30/04
09/30/04
12/30/04
03/30/05
06/29/05
09/29/05
12/29/05
------..--..----
586.82
MTB Multi Capital Growth-Inst I Fund
"430
....----------..------..-----....---------
38.39
12/29/05
MTB Equity Income Portfolio-Inst I Fund
"43
-------..--------..-....-..-----..-....----..---
38.13
38.13
35.89
38.13
26.92
24.67
15.70
15.70
29.16
26.92
26.92
29.16
31.40
31.40
31.40
109.49
32.61
30.28
25.62
23.29
37.27
37.27
37.27
37.27
39.60
41.93
41.93
36.21
33.19
36.21
09/30/03
10/31/03
11/28/03
12/31/03
01/30/04
02/27/04
04/05/04
04/30/04
06/01/04
06/30/04
07/30/04
08/31/04
09/30/04
10/29/04
11/30/04
12/30/04
01/28/05
02/25/05
03/30/05
04/28/05
OS/27/05
06/29/05
07/29/05
08/30/05
09/29/05
10/28/05
11/29/05
12/29/05
01/30/06
02/27/06
----------....--
1,039.07
41
.
01/02/02
02/01/02
03/01/02
04/01/02
05/01/02
06/03/02
07/01/02
08/01/02
09/03/02
10/01/02
11/01/02
12/02/02
01/02/03
02/03/03
03/03/03
04/01/03
05/01/03
06/02/03
07/01/03
08/01/03
09/04/03
692.09
685.55
620.39
635.67
643.72
672.58
651.61
600.65
578.04
547.89
593.59
528.79
542.18
532.42
441.60
576.18
533.06
513.43
449.43
434.81
237.78
ARK Money Market Portfolio
37,185.47
07/01/98
08/03/98
09/01/98
10/01/98
11/02/98
12/01/98
01/04/99
02/01/99
03/01/99
04/01/99
05/03/99
06/01/99
07/01/99
08/02/99
09/01/99
10/01/99
11/01/99
12/01/99
01/03/00
02/01/00
03/01/00
04/03/00
05/01/00
06/01/00
07/03/00
08/01/00
09/01/00
10/02/00
11/01/00
12/01/00
01/02/01
02/01/01
3.51
32.02
20.43
19.50
20.83
18.68
18.19
18.24
15.70
118.66
21.49
35.92
20.26
20.68
19.10
,17.34
16.66
15.32
56.01
61.57
57.11
57.36
32.95
28.29
126.59
164.29
164.96
155.50
158.58
152.89
278.82
261.18
43
03/01/01
04/02/01
05/01/01
06/01/01
07/02/01
08/01/01
09/04/01
10/01/01
11/01/01
12/03/01
01/02/02
02/01/02
03/01/02
04/01/02
05/01/02
06/03/02
07/01/02
08/01/02
09/03/02
10/01/02
11/01/02
12/02/02
01/02/03
02/03/03
03/03/03
04/01/03
05/01/03'
06/02/03
07/01/03
08/01/03
08/27/03
98.61
100.03
88.71
84.90
75.02
74.78
70.49
59.83
49.33
39.92
45.76
23.96
13.44
12.95
9.72
8.23
6.70
5.94
4.68
3.32
2.80
6.05
5.89
5.79
4.12
3.26
10.39
10.42
8;34
7.05
2.55
3,151.61
ARK Fds Short Term Bond Portfolio
04/01/99
05/03/99
06/01/99
07/01/99
08/02/99
09/01/99
10/01/99
11/01/99
12/01/99
01/03/00
02/01/00
03/01/00
04/03/00
05/01/00
06/01/00
07/03/00
08/01/00 .
09/01/00
10/03/00
11/01/00
12/01/00
01/02/01
436.31
553.29
679.83
749.82
769.32
781. 88
754.62
773.27
757.29
787.91
800.30
771.37
815.27
782.93
822.00
773.36
779.44
793.73
772.30
805.46
814.38
857.23
44
02/01/01
03/01/01
04/02/01
05/01/01
06/01/01
07/02/01
08/01/01
09/04/01
10/01/01
11/01/01
12/03/01
01/02/02
02/01/02
03/01/02
04/01/02
05/01/02
06/03/02
07/01/02
08/01/02
09/03/02
10/01/02
11/01/02
12/02/02
01/02/03
02/03/03
03/03/03
04/01/03
05/01/03
06/02/03
07/01/03
08/01/03
09/03/03
834.57
724.95
780.73
724.95
742.55
706.40
703.13
681.94
666.47
659.90
599.88
594.21
549.16
462.14
519.28
538.95
567.58
553.45
495.14
500.94
461.52
478.20
428.54
434.75
431.87
368.82
439.77
413.01
408.88
343.88
333.99
260.28
ARK Fda US Government Bond Portfolio
34,041.14
-----..---..-------------....---......-----
04/06/98
05/04/98
06/01/98
07/01/98
08/03/98
09/01/98
10/01/98
11/02/98
12/01/98
01/04/99
02/01/99
03/01/99
04/01/99
05/03/99
06/01/99
07/01/99
08/02/99
09/01/99
10/01/99
11/01/99
12/01/99
606.61
2,024.38
2,080.17
2,011.04
2,058.30
1,847.23
1,778.11
1,830.94
1,801.40
1,860.64
1,826.74
1,674.70
781.88
589.98
569.43
563.38
595.47
587.96
567.47
592.91
584.55
45
-:,(~ ;:::::.....::--..,..-r....."~.,....~:~.P.....,...~_~_"'''_...#,..,~~'__,..,,.,;.:,,:_-.-"-'--~"l'~~-'_"""._"''_'''''..'~F''<<'~'''''~"'"'''__''.'_<:.........._.._#<._C,,__
Capital Reoerve Account
08/01/95
09/01/95
10/02/95
11/01/95
12/01/95
01/02/96
02/01/96
03/01/96
04/01/96
05/01/96
06/03/96
07/01/96
08/01/96
09/03/96
10/02/96
11/05/96
12/04/96
01/06/97
02/03/97
03/04/97
04/03/97
05/05/97
06/05/97
07/03/97
08/01/97
09/03/97
10/02/97
11/03/97
12/02/97
12/31/97
02/02/98
03/02/98
04/02/98
05/01/98
06/01/98
07/01/98
576.68
1,441.12
353.73
30.38
30.73
33.09
41.11
37.87
55.68
53.48
50.49
42.37
49.44
59.29
61.89
62.10
61.08
75.47
63.48
18.60
24.77
28.73
39.05
55.11
55.93
47.31
57.15
59.87
55.37
97.81
71.54
66.45
78.54
56.28
52.19
48.06
4,092.24
Dauphin Deposit U.S. Government Fixed
Income Fund
10/03/95
797.87
Fixed Income Collective Investment Fund
10/03/95
11/02/95
12/04/95
01/03/96
02/02/96
03/04/96
04/01/96
874.28
2,338.96
2,297.91
2,361.74
2,360.85
2,257.55
2,426.54
14,917.83
47
"--~__~"""'~"~'.'''T'''_''''''_~~''''
Marketvest Funds Inc. Intermediate US
Government Bond Fund "593
---..........---....------....---..------..----..
05/02/96
06/03/96
07/03/96
08/01/96
09/03/96
10/01/96
11/01/96
12/02/96
01/02/97
02/06/97
03/05/97
04/04/97
05/06/97
06/05/97
07/03/97
08/04/97
09/03/97
10/03/97
11/05/97
12/02/97
12/31/97
02/03/98
03/03/98
03/20/98
2,007.76
2,083.19
2,083.74
2,164.27
2,160.86
2,142.41
2,296.44
2,269.69
2,444.18
2,467.57
2,251.22
2,535.60
2,427.99
2,491.78
2,416.89
2,518.11
2,429.35
2,382.79
2,214.31
2,181.76
2,255.39
2,187.30
2,003.04
1,534.07
53,949.71
MTB short Term Corporation Bd-Inst
1-"518
..~-~-------------_..---_...._--------
09/03/03
10/01/03
11/03/03
12/01/03
01/02/04
02/02/04
03/01/04
04/01/04
05/03/04
06/01/04
07/01/04
08/02/04
09/01/04
10/01/04
11/01/04
12/01/04
01/03/05
02/01/05
03/01/05
04/01/05
05/02/05
06/01/05
07/01/05
08/01/05
77.22
373.18
319.79
274.95
254.68
256.68
269.29
255.86
267.20
264.20
283.11
297.73
289.92
292.45
303.17
307.44
347.22
311. 57
316.56
310.87
324.58
319.97
348.89
357.22
48
09/01/05
10/03/05
11/01/05
12/01/05
01/03/06
02/01/06
03/01/06
MTB Intermediate Term Bond-Inst I Fund
"220
-.----------....-----...--...--...-------..-
09/04/03
10/01/03
11/05/03
12/01/03
01/02/04
02/02/04
03/01/04
04/01/04
05/03/04
06/01/04
07/01/04
08/02/04
09/01/04
10/01/04
11/01/04
12/01/04
01/03/05
02/01/05
03/01/05
04/01/05
05/02/05
06/01/05
07/01/05
08/01/05
09/01/05
10/03/05
11/01/05
12/01/05
01/03/06
02/01/06
03/01/06
MTB Money Market-Inst I Fund "420
--..------..----------....------..----
09/02/03
10/01/03
11/05/03
12/01/03
01/02/04
02/02/04
03/01/04
04/01/04
05/03/04
06/01/04
364.43
381.52
378.78
390.32
405.12
395.51
429.48
9,768.91
271.76
470.38
488.64
499.05
540.68
571.85
556.62
542.05
539.27
536.95
510.03
526.45
532.85
540.14
515.70
485.23
542.31
565.83
496.90
494.98
530.37
535.83
499.02
431. 42
410.90
422.57
425.86
458.43
445.63
424.92
435.49
15,248.11
3.31
4.42
3.96
3.30
2.54
2.08
4.88
6.45
5.40
4.91
49
12/01/05
01/03/06
02/01/06
03/01/06
236.08
226.62
215.27
228.17
8,921.62
Municipal Bond Fund
09/05/95
10/03/95
423.68
422.33
846.01
TOTAL INTEREST INCOME.....................
233,019.31
..............
OTHER INCOME
ARK Fds US Government Bond Portfolio
----------..----------..---------..----
08/13/03
Short Term Capital Gains
Distribution
93.28
Harbor International Fund "11
01/02/03
12/31/03
Short Term Capital Gains
Distribution
Short Term Capital Gains
Distribution
9.25
10.02
19.27
MTB Large Cap Value-Inst I Fund "327
11/29/05
Short Term Capital Gaina
Distribution
213.83
MTB Small Cap Stock-Inst I Fund "571
12/17/04
Short Term Capital Gains
Distribution
418.60
MT8 Equity Income Portfolio-Inst I Fund
#43
11/30/04
11/29/05
Short Term capital Gaina
Distribution
Short Term Capital Gains
Distribution
1,073.42
39.26
1,112.68
51
.
MTB Intermediate Term Bond-Inst I Fund
"220
----------------..-----..----..---------.
11/21/03
Short Term capital Gains
Diotribution
MTB Large Cap Stock Inst I Fund "315
-------..----...--........-------------....-
12/16/04
Short Term Capital Gains
Distribution
Received from Equitable Life of Iowa
----..-----...-----...--..----..---------
08/01/95
Interest on Policy "U54872
Received from MBL Life Assurance
corporation
-.------------------------------
08/16/95
Interest after Date of Death
on Policy ftAL103535 Claim
1100403110
Received from prudential Insurance
Company of l\merica
--..----------------..-----..--------
07/06/95
Interest on Claim
Transferred from Principal
..----------..--------------
425.66
171.65
47.07
416 .15
264.18
396.49
196.04
464 .79
654.94
466.15
1,420.19
300.66
732.61
88.07
421.64
88.35
2,150.00
858.92
1,035.49
563.93
886.28
1,814.81
768.92
09/01/00
11/01/00
12/01/00
11/01/01
12/03/01
12/31/01
01/31/02
03/01/02
04/01/02
05/01/02
08/01/02
11/05/02
12/03/02
12/05/02
01/03/03
01/06/03
01/31/03
02/28/03
03/31/03
05/01/03
06/02/03
08/01/03
09/02/03
52
165.78
2,012.28
1,679.33
2,793.30
559.55
DISBURSEMENTS OF INCOME
08/22/95 llauphin Deposit 8ank and 570.75
Trust Company - Truotee I B Fee
09/21/95 Dauphin Depooit Bank and 425.79
Trust Company - Trustee's Fee
10/23/95 Dauphin Deposit Bank and 468.13
Trust Company - Trustee I s Fee
11/21/95 Dauphin Deposit Bank and 459.92
Trust Company - Trustee I B Fee
12/21/95 Dauphin Deposit Bank and 478.40
Trust Company - Trustee's Fee
01/23/96 Dauphin Deposit Bank and 472.03
Trust Company - Trustee's Fee
02/21/96 Dauphin Deposit Bank and 473.81
Trust Company - Trustee's Fee
03/21/96 Dauphin Deposit Bank and 474.16
Trust company - Trustee I s Fee
04/23/96 Dauphin Deposit Bank and 163.06
Trust Company - Trustee I s Fee
OS/21/96 Dauphin Deposit Bank and 164.48
Trust Company - Trustee I s Fee
06/21/96 Dauphin Deposit Bank and 161.50
Trust Company - Trustee I s Fee
07/23/96 Dauphin Deposit Bank and 164.99
Trust Company - Trustee I s Fee
08/21/96 Dauphin Depooit Bank and 164.26
Trust Company - Trustee I s Fee
09/23/96 Dauphin Deposit Bank and 163.80
Trust Company - Trustee I s Fee
10/22/96 Dauphin Deposit Bank and 167.84
Trust Company - Trustee I s Fee
11/21/96 Dauphin Deposit Bank and 170.50
Truot Company - Trustee I s Fee
12/23/96 Dauphin Deposit Bank and 174.95
Trust Company - Trustee's Fee
01/22/97 Dauphin Deposit Bank and 172.54
Trust Company - Trustee's Fee
54
J
,
,:'i
:!
tJ
:<1
~-;j
'~l
:'1
j
i
":1'
.:
,~
w','
"
t'
:,
'"
'51
02/21/97
03/21/97
04/22/97
OS/21/97
06/23/97
07/22/97
08/21/97
09/23/97
10/21/97
11/21/97
12/23/97
12/31/97
02/05/98
03/05/98
04/06/98
05/05/98
06/05/98
07/06/98
08/05/98
Dauphin Deposit Bank and
Trust Company - Truotee's Fee
165.24
Dauphin Deposit Bank and
Trust Company - Trustee's Fee
164.64
Dauphin Deposit Bank and
Trust Company - Trustee's Fee
163.43
Dauphin Deposit Bank and
Trust Company - Trustee's Fee
170.42
Dauphin Deposit Bank and
Trust Company - Trustee's Fee
175.25
Dauphin Deposit Bank and
Trust Company - Trustee's Fee
178.25
Dauphin Deposit Bank and
Trust Company - Trustee's Fee
181.91
Dauphin Deposit Bank and
Trust Company - Trustee's Fee
180.84
Dauphin Deposit Bank and
Trust Company - Trustee's Fee
183.98
Dauphin Deposit Bank and
Trust Company - Trustee's Fee
183.33
Dauphin Deposit Bank and
Trust Company - Trustee's Fee
184.85
Dauphin Deposit Bank and
Trust Company - Trustee's Fee
66.86
Dauphin Deposit Bank and
Trust Company - Trustee's Fee
189.44
Dauphin Deposit Bank and
T.~st Company - Trustee's Fee
192.41
Dauphin Deposit Bank and
Trust Company - Trustee's Fee
192.31
Dauphin Deposit Bank and
Trust Company - Trustee's Fee
190.20
Dauphin Deposit Bank and
Trust Company - Trustee's Fee
188.47
Dauphin Deposit Bank and
Trust Company - Trustee's Fee
190.41
Dauphin Deposit Bank and
Trust Company - Trustee's Fee
178.34
55
09/08/98 Dauphin Deposit Dank and 171.93
TruDt Company - Trustee t 0 Fee
10/05/98 Dauphin Deposit Dank and 176.40
Trust Company - Truotee I 0 Fee
11/05/98 Dauphin Deposit Bank and 180.26
Truot company - Truotee I B Fee
12/07/98 Dauphin Deposit Bank and 184.41
Truot Company - Trustee's Fee
01/05/99 Dauphin Deposit Bank and 184.57
TruDt Company - Trustee's Fee
02/05/99 Dauphin Deposit Bank and 185.40
Trust Company - Trustee's Fee
03/05/99 Dauphin Deposit Bank and 182.52
Trust Company - Trustee's Fee
04/05/99 Dauphin Deposit Bank and 97.67
Trust Company - Trustee's Fee
05/05/99 Dauphin Deposit Bank and 99.42
Trust Company . Trustee's Fee
06/07/99 Dauphin Deposit Bank and 98.58
Trust Company - Trustee's Fee
07/06/99 AlHirst Trust Company of PA, 99.51
NA - Trustee Fee
08/05/99 AlHirst Trust Company of PA, 98.20
NA - Trustee Fee
09/07/99 Allfirst Trust Company of PA, 98.27
NA - Trustee Fee
10/05/99 Allfirst Trust Company of PA, 96.87
NA - Trustee Fee
11/05/99 Allfirst Trust Company of PA, 97.13
NA - Trustee Fee
12/06/99 Allfirst Trust Company of PA, 98.30
NA - Trustee Fee
01/05/00 Allfirst Trust Company of PA, 99.66
NA - Trustee Fee
02/07/00 Allfirst Trust Company of PA, 100.62
NA - Trustee Fee
03/06/00 Allfirst Trust Company of PA, 101. 24
NA - Trustee Fee
56
04/05/00 Allfirst Trust Company of PA, 100.86
NA - Truotee Fee
05/05/00 Allfirot Truot Company of PA, 97.52
NA - Truotee Fee
06/05/00 Allfirst Trust Company of PA, 99.14
NA - Trustee Fee
07/05/00 Allfirst Trust Company of PA, 103.68
NA - Trustee Fee
08/07/00 Allfirot Trust Company of PA, 103.34
NA - Trustee Fee
09/05/00 Allfirst Trust Company of PA, 104 .85
NA - Trustee Fee
10/05/00 Allfirst Trust Company of PA, 102 .46
NA - Trustee Fee
11/06/00 Allfirst Trust Company of PA, 102.64
NA - Trustee Fee
12/05/00 Allfirst Trust Company of PA, 101.57
NA - Trustee Fee
01/05/01 Allfirst Trust Company of PA, 109.24
NA - Trustee Fee
02/05/01 Allfirst Trust Company of PA, 99.61
NA - Trustee Fee
03/05/01 Allfirst Trust Company of PA, 97.99
NA - Trustee Fee
04/05/01 Allfirst Trust Company of PA, 95.63
NA - Trustee Fee
05/07/01 Allfirst Trust Company of PA, 98.47
NA - Trustee Fee
06/05/01 Allfirst Trust Company of PA, 98.61
NA - Trustee Fee
07/05/01 Allfirst Trust Company of PA, 97.51
NA - Trustee Fee
08/06/01 Allfirst Trust Company of PA, 97.66
NA - Trustee Fee
09/05/01 Allfirst Trust Company of PA, 96.28
NA - Trustee Fee
10/05/01 Allfirst Trust Company of PA, 95.37
NA - Trustee Fee
57
11/05/01 Allfirst Trust Company of PA, 95.93
NA - Trustee Fee
12/05/01 Allfirst Trust Company of PA, 96.38
NA - Trustee Fee
01/07/02 Allfirst Trust Company of PA, 98.02
NA - Trustee Fee
02/05/02 Allfirst Trust Company of PA, 93.71
NA - Trustee Fee
03/05/02 Allfirst Truot Company of PA, 94.10
NA - Trustee Fee
04/05/02 Allfirst Trust Company of PA, 93.22
NA - Trustee Fee
05/06/02 Allfirst Trust Company of PA, 91.83
NA - Trustee Fee
06/05/02 Allfirst Trust Company of PA, 90.79
NA - Trustee Fee
07/05/02 Allfirst Trust Company of PA, 88.96
NA - Trustee Fee
08/05/02 Allfirst Trust Company of PA, 87.23
NA . Trustee Fee
09/05/02 Allfirst Trust Company of PA, 87.81
NA - Trustee Fee
10/07/02 Allfirst Trust Company of PA, 85.92
NA - Trustee Fee
11/05/02 Allfirst Trust Company of PA, 88.15
NA - Trustee Fee
12/05/02 Allfirst Trust Company of PA, 88.07
NA - Trustee Fee
01/06/03 Allfirst Trust Company of PA, 88.35
NA - Truotee Fee
02/05/03 Allfirst Trust Company of PA, 87.11
NA - Trustee Fee
03/05/03 Allfirst Trust Company of PA, 86.51
NA - Trustee Fee
04/07/03 Allfirst Trust Company of PA, 88.87
NA - Trustee Fee
05/05/03 Allfirst Trust Company of PA, 89.88
NA - Trustee Fee
58
06/05/03 Allfirst Trust Company of I'A, 91. 44
NA - Trustee Fee
07/07/03 Allfirst Trust Company of PA, 90.75
NA - Truotee Fee
08/06/03 Manufacturers and Traders 89.19
Trust Company _ Trustee Fee
09/08/03 Manufacturers and Traders 90.48
Trust Company _ Trustee Fee
10/06/03 Manufacturers and Traders 90.41
Trust Company _ Trustee Fee
11/06/03 Manufacturers and Traders 90.41
Trust Company - Trustee Fee
12/08/03 Manufacturers and Traders 90.70
Trust Company - Trustee Fee
01/06/04 Manufacturers and Traders 91.59
Trust Company - Trustee Fee
02/06/04 Manufacturers and Traders 91. 47
Trust Company _ Trustee Fee
03/08/04 Manufacturers and Traders 96.40
Trust company _ Trustee Fee
04/06/04 Manufacturers and Traders 95.53
Trust Company _ Trustee Fee
05/06/04 Manufacturers and Traders 93.76
Trust Company _ Trustee Fee
06/07/04 Manufacturero and Traders 92.88
Trust Company - Truotee Fee
07/06/04 Manufacturers and Traders 93.98
Trust Company - Trustee Fee
08/06/04 Manufacturers and Traders 92.27
Trust Company - Trustee Fee
09/07/04 Manufacturers and Traders 92.71
Trust Company - Trustee Fee
10/06/04 Manufacturers and Traders 96.39
Trust Company _ Trustee Fee
11/08/04 Manufacturers and Traders 96.89
Trust Company _ Trustee Fee
12/06/04 Manufacturers and Traders 97.48
Trust Comp!lny - Trustee Fee
59
01/06/05 Manufacturero and Traders 96.99
Truot Company - Truotee Fee
02/07/05 Manufacturero and Traders 97.32
Truot Company . Trustee Fee
03/07/05 Manufacturero and Traders 97.51
Trust Company - Trustee Fee
04/06/05 Manufacturers and Traders 95.80
Trust Company - Trustee Fee
05/06/05 Manufacturers and Traders 95.28
Trust Company - Trustee Fee
06/06/05 Manufacturers and Traders 95,74
Trust Company - Trustee Fee
07/06/05 Manufacturers and Traders 95.68
Trust Company - Trustee Fee
08/08/05 Manufacturers and Traders 95.13
Trust Company - Trustee Fee
09/06/05 Manufacturers and Traders 95.16
Trust Company - Trustee Fee
10/06/05 Manufacturers and Traders 94.04
Trust Company - Trustee Fee
11/07/05 Manufacturers and Traders 93.87
Trust Company - Trustee Fee
12/06/05 Manufacturers and Traders 117.69
Trust Company - Trustee Fee
01/06/06 Manufacturers and Traders 122.13
Trust Company - Trustee Fee
02/06/06 Manufacturers and Traders 121.03
Trust Company - Trustee Fee
03/06/06 Manufacturers and Traders 121.21
Trust Company - Trustee Fee
----...--..........--
TOTAL DISBURSEMENTS OF INCOME. . . . . . . . . . . . . . . . . . 18,185.03
CI:lIUII==a.aa'llIll_A
60
DISTRIBUTIONS OF INCOME TO BENEFICIARIES
patricia A. Schmidt
-------------------
08/31/95 Distribution 1,500.00
09/29/95 Distribution 1,500.00
10/31/95 Distribution 1,500.00
11/30/95 Distribution 1,500.00
12/29/95 Distribution 1,500.00
01/31/96 Distribution 1,500.00
02/29/96 Distribution 1,500.00
03/29/96 Distribution 1,500.00
04/30/96 Distribution 1,500.00
05/31/96 Distribution 1,500.00
06/28/96 Distribution 1,500.00
07/31/96 Distribution 1,500.00
08/30/96 Distribution 1,500.00
09/12/96 Distribution per Telephone 1,500.00
Request of 9/11/96
09/30/96 Distribution 1,500.00
10/31/96 Diotribution 1,500.00
11/29/96 Distribution 1,500.00
12/31/96 Distribution 1,500.00
01/23/97 Distribution per Request of 5,000.00
1/20/97
01/24/97 Distribution per Telephone 8,859.83
Conversation of 1/23/97
01/31/97 Distribution 1,500.00
02/28/97 Distribution 1,500.00
03/31/97 Distribution 1,500.00
04/30/97 Distribution 1,500.00
61
05/30/97 Diotribution 1,500.00
06/30/97 Distribution 1,500.00
07/31/97 Distribution 1,500.00
08/29/97 Distribution 1,500.00
09/30/97 Distribution 1,500.00
10/28/97 Distribution per Telephone 500.00
Conversation of 10/27/97
10/31/97 Distribution 1,500.00
11/28/97 Distribution 1,500.00
12/31/97 Distribution 1,500.00
01/31/98 Distribution 1,500.00
02/28/98 Distribution 1,500.00
03/31/98 Distribution 1,500.00
04/03/98 Distribution per Telephone 6,280.00
Conversation of 4/3/98
04/30/98 Distribution 1,900.00
05/31/98 Distribution 1,900.00
06/30/98 Distribution 1,900.00
07/09/98 Distribution per Request 8,500.00
07/31/98 Distribution 1,900.00
08/31/98 Distribution 1,900.00
09/30/98 Diotribution 1,900.00
10/31/98 Distribution 1,900.00
11/30/98 Distribution 1,900.00
12/31/98 Distribution 1,900.00
01/31/99 Distribution 1,900.00
02/28/99 Distribution 1,900.00
03/31/99 Distribution 1,900.00
04/30/99 Distribution 1,900.00
62
05/31/99 Diotribution 2,300.00
06/30/99 Distribution 2,300.00
07/31/99 Distribution 2,300.00
08/31/99 Distribution 2,300.00
09/30/99 Distribution 2,300.00
10/31/99 Diotribution 2,300.00
11/30/99 Distribution 2,300.00
12/31/99 Distribution 2,300.00
01/31/00 Distribution 2,300.00
02/29/00 Diotribution 2,300.00
03/31/00 Distribution 2,300.00
04/30/00 Distribution 2,300.00
05/31/00 Distribution 2,300.00
06/30/00 Distribution 2,300.00
07/31/00 Distribution 2,300.00
08/31/00 Distribution 2,300.00
09/30/00 Distribution 2,300.00
10/31/00 Distribution 2,300.00
11/30/00 Distribution 2,300.00
12/31/00 Distribution 2,300.00
01/31/01 Distribution 2,300.00
02/28/01 Distribution 2,150.00
03/31/01 Distribution 2,150.00
04/30/01 Distribution 2,150.00
05/31/01 Distribution 2,150.00
06/30/01 Distribution 2,150.00
07/31/01 Distribution 2,150.00
08/31/01 Distribution 2,150.00
09/30/01 Distribution 2,150.00
63
64
08/31/04 Distribution 2,150.00
09/30/04 Distribution 2,150.00
11/01/04 Distribution 2,150.00
11/30/04 Distribution 2,150.00
12/31/04 Distribution 2',150.00
01/31/05 Distribution 2,150.00
02/28/05 Distribution 2,150.00
03/31/05 Distribution 2,150.00'
05/02/05 Distribution 2,150.00
05/31/05 Distribution 2,150.00'
01/03/06 Distribution 2,150.00
01/31/06 Distribution 2,150.00
02/28/06 Distribution 2,150.00
--..--------..--
TOTAL DISTRIBUTIONS TO BENEFICIARIES......
65
256,989.83
--------------
256,989.83
allJ....a==U:I..aa
PROPOSED DISTRIBUTIONS TO BENEFICIARIES
" Units
LeTort Management and Trust Company,
Successor Trustee - Entire Residue
--------~------.._----------------_..-
Principal:
---.....---..-
MTB Money Market-Inst I Fund
"420
516.005 shares Harbor International
Fund Hll
9,641.54 shares MTB Equity Index-Inst I
Fund Hl34
3,105.236 shares MTB Large Cap
Value-Inst I Fund #327
1,660.103 shares MTB Mid Cap Growth-Inst
I Fund #401
13848.248 shares MTB Short Term
Corporation Bd-Inst 1-#518
2,584.054 shares MTB Small Cap
Stock-Inst I Fund #571
3,017.171 shares MTB Equity Income
Portfolio-Inst I Fund #43
13640.006 shares MTB Intermediate Term
Bond-Inst I Fund #220
7,346.19 shares MTB Large Cap Stock
Inst I Fund "315
7,179.325 shares MTB US Government Bond
Inst I Fund #822
Income:
MTB Money Market-Inst I Fund
"420
67
-_U"""""'..r :ll\..~ '''''''!II'a.tt'''':F......OC
Current Value
Fiduciary
AcquiDition
Value
or aD Noted
26,378.67 26,378.67
27,126.38 17,945.09
102,682.40 95,000.00
37,014.41 32,277.36
25,881.01 23,054.70
134,743.45 137,549.44
24,393.47 24,318.73
24,770.97 26,287.22
132,580.86 135,289.11
61,708.00 74,262.81
65,978.00 69,533.46
-..------------ ----..---------
663,257.62 661,896.59
=.allaalla...llea .==....a....1I1:1
7,655.03 7,655.03
..------------- ------------....
7,655.03 7,655.03
1I===IIlI===:lIlI==IUiiJ aaaaaaallllaa=aaa
670,912.65 669,551.62
==a=a===...... ICIIII="..IIII...allllll
.~ ,
",'
~,
, \
"""._____--...-,'""-- ,......_ "'~ '_',p' .."..'7.............. ..O~
.
, .
PATRICIA A. SCHMIDT
5001 Flrethorn Lane
Mechanlcsburg, PA 17055
JI\N ;),.5 2UII6
January 3, 2006
Mr. Thomas Markin
M&T Bank
1'.0. Box 220
Carlisle,l'A 17013
RE: J. Donald Schmidt TUW
Dear Mr. Morkin:
In accordancc with thc provisions of Item XI of the trust crcatcd under the Will of J.
Donald Schmidt, I hereby designate as successor trustee to M&T Bank, LeTort Management and
Trust Company, Camp Hill, I'ennsylvania, effective as soon as convenicnt.
Thank you.
Sinccrely,
":/ /t7',-,~~.<.~~ ~ (7 ,.d,(:, . .,..e-r:::-
I'atricia A. Schmidt
Sworn to and SU~Sqribed
before me this . (~ day
of January, 2006.
'~A ,i{u}
tar Public
NOTARIAL SEAL
HOLL V S. KIRK. Nola!)' Publlo
Susquehanna Twp., Dauphin Counly
My Commission Ires Feb. 15, 2007
ACCEPTANCE OF AI'POINTMENT
AS SUCCESSOR TIUJSTEE
LeTort Mnnugell1ent & Trusl COll1fluny, 3130 Morningsidc Drivc, Cnmfl Hill,
I'ennsylvuniu 170 II, hcreby ucccflts upflointll1cnt liS Successor Trustcc to Munufucturers und
Tmders Trust COll1flllny, ns Trustee Under thc Will of J. Donuld Schll1idt dnted Muy II, 1989
effective upon confirll1ution of the First nnd Finul Account ofM&T Blink.
Intending to be legully bound. LeTort Mnnngcll1entund Trust COlllpuny hus cnused this
Acccptnnce to bc exccutcd this .Jlvrduy of f/'\.rM-cJl..-..- ,2006.
LETORT MANAGEMENT & TRUST COMPANY
By: ~ ~~
Phyllis J. Harmon
Chief Operating Officer
Secretary
co
C
lUJ
M
(E
fN]
T
I~ST WILL AND TESTAHENT
m:
J. DONAJ.D SCIIHI/lT
I, J. DONALD SCHMID'l', now of Lower Allen TOWI18hJ.p, Cumberland
County, Pennsylvenia, do hereby deClare tide to be my Lan Will
and Testament and revoke all prior Wills and Codicils made by me.
ITEM I. DEDTS AND EXPENSES. I direct that all of my
just end currently due debte and funeral exponsoB, incIudinq tha
cost of my gravemarker, if any, shall be paid from my estate ae
BOon as practice I after my decease as a part of the administrative
expenses of my estate.
ITEM II. PERSONAl, ITEHS. I ;Jive all of my articles of
c
(E
fN]
T
lE
R1
personal or household use, includinq automobiles and all insurance
on that propsrty, to my Wife, PATRICIA A. SCIIHIDT, provided ehe
shall survive me by thirty (30) days. Should my wife predecease
me or die on or before the thirtieth (JOth' day fOllowinq my desth,
I then qive all such property and insurance to my then livlnq children,
in equal shares, particular items to bo allocated among them BS
they agree, or if they cannot agree, os my personal representative
datarmines. Any property not so diatributed shall be sold by my
paraonal representative and the proceeds added to the principal
of ths trusts to which my residuary estate is herein qiven.
ITEM III. MARITAL RBSIDENCE. If my Wife, PATRICIA A.
8CIIHIDT, survives me end at my death our usual homs is owned by
'me or by my'wife and me, but in B manner which would not result
in passaqe of full title to her by operation of law, I devise my
entire interest in said home to her.
c
CO
f>
V
ITEM IV. MARITAL TRUST. If my wife, PATRICIA A. SCIIHIDT,
survives me, I qive to DAUPIIIN DEPOSIT DANK AND TRU8T COHPAIIY, lIarrisbur\
Pennsylvania (hereinafter "Trustee"), without deduction for 8Btate
or inhorltance taxos, the minimum amount which must be added to the
A mUE copy FROM RECORD
'n reoffmonr 01"""01,' "ero"nln "" my hind
lIIld 1I1e 8.81 0( n"d Cnv~ ., Ca~I.,. PA ~ _
Thl 12M :p::' '-J.; onald
~;Y~'(<~L! :,':,~ i. .
ClA,t ~, t~. Orph... Court ft ~
l;atmhnrl,,"" r.n.,",..
t1F'.
Schm dt
.
1=",U #- ,?'-I - ('..>':' c> liLt?
/1'fJ". 6 V'f'1
''lnf'l.. ...-/3, /ri.,
(()
cc
lU
M
[E
U\ij
1r
value oC all other property in my gross taxable estate Cor Which
the maritsl deduction is allowed in order to give my estste a marital
dsduction which will reduce federal estate tax on my estate to the
lowest possible amount. Such minimum amount shall ba determined
after first taking into account all other deduction and credits except.
(i I The statD death tax credit to the extent that its
use would require lIIn increase in tho amount of state death
taxes paid, and
(ii l Ths credit for tax on prior trsnsfers to the extent
that credit arises from transfers to me from individuals who
die after me.
"
r rscognize that, depending upon the amount of other bequests
hereunder, the amount of my non-testamentary dispositions, the amount
of state death taxes, and other factors, the marital trust may be
nonexistent, or may amount to the entire balance of my testamentary
estate so that the residuary trust is nonexistent. No property
not qualified Cor the msrital deduction shall be allocated to this
marital trust.
A. During the lifetime of my wife, the entire not income
of such trust shall be paid to her, no less often than quarterly.
Trustee shall pay to her or for her benefit, such amounts from the
principal of thIs trust as may be necessary to maintain for her
a standard of living approximately equal to thst maintained by her
during my lifetimo and to meet her expenses arising from ill hDalth
or emorgoncy occurrences. Trustee shall be liberal in expending
the principal pursuant to this provision.
D. Upon the desth of my wife, the principal remaining
in the trust created under this Item sholl be paid over to ouch
persons or organizations, including but not limited to her estate
and for Buch estates and 1n Buch manner and in Buch amounts or
proportions as my wife shall appoint by a Will containing a specific
reference to thin power ot appointment, which power of a.ppointment
may be exercised by my wife alone in all events.
cc
[E
U\ij
1r
[E
R
c
o
p
V
~ . --.9~(l.
. Donald Schmidt
- 2 -
-
c
co
p
v
C. Upon the death of my wife, PII'rRICllI II. SCIIHlOT, Trustee
shall deduct and pay to hor personal roproscntatlvo, from that portion
of the prinoipel of the merital truat, if any, which she shall not
have appointed, an amount equal to any additional adminiatration
expenses and os tate and inheritance taxes oBsessed against her ostate
by reBBon of the inclusion therein for tax purposes of the then
remaining principal of the marital trust. Such amount shall be
determined by Trustee, whose determination shall be oonclusive.
IIny then remaining balance of unappointed principal ahal1 be added
to and thereafter shall form a part of the principal of the residuary
trust, to be held and distributed as though originally a part thereof.
If the residuary trust shall not hays been created':for any reason
or shall have bsen exhausted, the remaining principal shall be held
in trust upon the same terms and conditions hereinafter specified
for the residuary trust.
D. If any provision of this marital deduction trust will
result in depriving my estate of ths maritel deduction for federal
estate tax purposes, such provision is hereby revoked, and this
trust shall be read as if any portion thereof inconsistent with
the allowance of the marital deduction for feeleral estate tax purposes
is null and void.
ITEM V. SIMULTIINEOUS OEIITII, If my wife and I should
die under circumstances which render the ordor of our deaths uncortain,
for all purposes of this Will except for the purposes of Item II
hereof, it shall be conclusivoly prosumed that my wife survived me.
ITEM VI. QUIILIPIEO TERMINIIULE INTBREST PROPERTY ELECTION,
My corporate executor, hereinafter named, shall, in its absolute
discretion, detormine whothor to elect under 520S6(b)(7} ot the
Internal ReVenue Code of 1986 or corresponding provision in effect
at my death, to qualify any portion of tho morital trust for the
federel estate tax marital deduction. Generally, I anticipate that
my corporate executor will elect to minimize the estate tax
payable by my estate. However, I would expect that Borne consideration
(()
C
U
M
E
N
lr
C
rE
N
lr
rE
R
~Do~id S~~' ..
- 3 -
o
c
U
M
E
fN1
T
c
[E
fN1
U
E
R
c
o
p
v
be given to the eatate tax payable in my wife' s estate upon her
death, eapeciauy if she ahould die prior to the tims the elaction
is made. The determination of my corporate executor with respact
to the e.ercbe of the eleotion ahall be conolusive upon aU affected
persons.
ITBH VII. PUNDING. My executor ahall select and dIatrIbute
to my Truatee the cash, securitlea and other property, InclUdIng
real estate, which ahall conatitute the trust, emplOYing for the
purpoaes of valuatIon the lesser of the adjusted basia of the aseet
for federal estate tax purpoaes or the fdr market value of ths
asset at the time of distrIbution.
ITEM VIII. RBSIDUARY TRUST: I give and -deVise the balance
of my residuary estate to DAUPIIIN OEPOSIT BANK AND TRUST COMPANY,
lIerrisburg, PennSYlvania (Truatee), to administer and to distribute
liS follows I
A. Trustee shall pay the net i"como thereof to or for
the bsnefit of my Wife, PATRICIA A. SCIIMIDT, for and durIng her
natural lifetime, no less often thsn quarterly, as Truatee may determine.
D. Trustee shall pay to or for the benefit of my Wife,
from time to timo, such portions of the prinoipal of this Trust
8S may be necessary for the support of my Wife, to meet my wife's
mSdical, dental, hospital and nursIng expansea or the expenaes of
invalidism. In determIning Whether to make withdrawals under this
paragraph of the prinoipal of this reaiduary trust, Truatee shall
consider SUch other reaources aa mey be available to my wHe pursuant
to the marital deduction trust created in Item IV hereOf. My wife
shall not perticipate in any decision affecting the invasion of
principal from this reaiduary trust for her benefit or for the benefit
of anyone ehe is legally obliqated to aupport. There sholl be no
rest riot ions as to the USe that my wife may make of any distribution
hereunder for her benefit.
C. Upon the death of my Wife, the then remdninq principal
of this residuary trust lInd any undistributed income thereof shall
~o~aldsc~m~' ,I
- 4 -
o
C
lUJ
M
[E
~
r
be paid by Truutoo in Bueh amounts or proportions or in Ruch manner
as my wife may appoint by Will containing a specific reference to
this power of appointment I however, in the exercise of such power
of appointment, my wife shall be limited to appointing the same
unto our childrsn or their children, provided that, in no evsnt,
shall my wife have the power to appoint the ..me or any portion
at the SIme for tho benefit of her estate, her creditors or in any
manner which would vest in her a general power of appointment over
such funds or result in such funds or any portion thereof being
includad in ths gross estate of my wife for federal estate tax purposes.
Other than this limitation, my wHe shall hava the, full powsr, at
her discretion, to detsrmine the beneficiaries within such claas
of persons who shall take and in whst proportions and in what manner
they shall taks by virturs of her exercise of this power.
D. If my wife shall fail, either wholly or in part, to
exercise effectively the above-given power of appointment lor in
the event that my wife shall have predeceased me) the then remaining
or unappointed prinCipal of this reeiduery trust lor in the event
of the predecession of my wife, the entire principal of this residuary
trust) and any other funds which may be added thereto from any source
whatsoever shall be held In Trust by Trustee for the benefit of
my ohildren, as fallows,
1. Trustee ahall divide the then remaining principal
Bnd any undistributed income of this trust into liS many separate
and equal shares as I shall heve children then living and shall
thereafter maintain each separate and equal sharo DB a separate
trust for oDch Bueh beneficiary to invest and reinvest the same
and. payor apply 80 much of the income and 80 much of the principal
of the separate trust established for Buch beneficiary DS it, In
its Bole discretion, deems necessary to enable Bueh child to maintain
a reasonably comfortable standard of liVing, to meet the costa of
Bueh child's preparatory, collogiate and professional education
c
[E
~
r
[E
~
c
0)
f>
V
...,;:sc", .~- ~~~s;.,,~ ..
~ Donald Schmidt
- 5 -
0)
c
U
M
E
N
U
And to meot the oxpanDes of any unusual or emergency occurrenCQ
Buch DB thole ar181ng from serious I11n088, physical incapacity
or the liko,
2. When eech Buch bBnoUciary Bhall attain hiB or her
thirtY-fifth (35th) birthday, Truatee shall compute the then remaining
principal and any undistributod income of the trust held for oach
auch benoUcisry and shall diatribute one-fourth (1/41 of the oame
to him or her abBolutely at that time, retaining the balence in
trust as aforesaid until each such bBnoficiary Bhell have atteined
his or her fortieth (40th) birthday. At Buch time, TruBtee Bhall
then compute the then remaining principal and any ~~distributed
,
income of said trust and ahall distribute one-third (1/31 of the
eame to each such bensficiary absolutely at that timB, retaining
the balance in trust until Buch beneficiary shall havo attained
his or her forty-fifth (45th) birthday. At such time, Trustee ehall
then compute the remaining principal and any undietributed income
of said trust and shall distribute one-half (1/2) of the same to
each such beneficiary absolutely at that time, retaining the balance
in trust until such beneficiary shall have attained his or hor fiftieth
(50th) birthday, at which time, the thon remaining principal and
any undiBtributed income of the troat shall be diatributed abBolutely
to him or her at that timo.
c
[E
N
U
[E
R{
3. In the avent that Bny benoficiary for whom 0 separato
trust shall have boen establlshed shall have died during the term
of the separate trust held for his or her benefit, the undistributed
principal and income of such share shall be paid in equal shares
to each child's issue, or if none, tho slImo shall thon be added,
in equal shares, to oauh of tho separate trusto held for the surviving
bonefic!aryCios) or distributed to thOBO who have reached the ago
set forth for distribution as'set forth abcve.
c
o
[p>
V
~~e
. aon d Schmidt
v..-
6 -
(()
c
U
M
lE
N
1r
ITEM IX. PREnECESBlON OP JBSUR. In tho ovont that, at
tho timo of my doath, my wHo and all of my childron and tho issuo
of my chlldron shall have predeceilsod me, or in the ovent that,
during tha term of the trusts ostablished herein, my wife and children
and the issue of my children shall havo all died priDr tD complete
and final distribution Df the trust fund Dr trust funds established
herein, then in such event, my sntirs estate Dr the then remaining
principal and undistributed income of the trusts, ae the cass may
bs, are given and devised or shall be distributed as fDllows.
A. One-hslf (~) thereDf tD my sister, MARGO L. MATIIIA8,
or her issuo, per stirpes, and ~.
D. The remsining Dne-half l~) thereDf to'my wife's sisters
snd brothers, or thsir issue, per stirpes, and the issue of any
c
[E
N
1r
[E
R
doceased sister or brothers, per stirpes.
ITEM X. WIPE'S PREDECESSION. In the event that my wife
shall predecease me, then all of the property passing pursuant to
this Will, except for property passing under Item II hereof, shall
be included in the residuary trust crested herein, and there shall
be no marital deductiDn prDvision.
ITEM XI. SUCCESSOR TRUSTEB. My Wife, PATRICIII A. SCIlMIDT,
shall have the authority to designate a SUocessor or sUccessor trustees
to the Trustee herein named. In designating Buch successor(s) she
shall be limltod tD deeignating a ban,k having trust pDwers or a
trust company whose accounts ora inDured by tho Fedoral Deposit
Insurance Corporation.
ITEM XII. GOVERNING I~W. 1111 questiDns pertaining to
the administration of thls trust or the construction or validity
of these items shall be governed by the laws of the Commonwealth
c
o
[p
V
of Pennsylvania.
ITEM XlIX. GUARDIIIN OP MINORS' BSTATB. If any incDme
or principal shall be payable to any person whD shall be minor
or who shall be incapacitated for any reason, my executor as
trustee shall hDld such incDme and principal during minDrity
,
~. .--11 s:..,O.
oould Schmidt
- 7 -
o
c
(U
M
[E
~
u
or incapacity and ahall be antitled to apply such income end
prinoipal to the hoalth, maintenance, Rupport and education of
euch person during minority or incapacity, without the appointment
of eny guardian or committee or any authority of court, and shall
be entitled to mako direot application hereunder or to mako applicfttJon
by payment thereot to the parent or othor porson in chnrge of
such minor or incapacitatod person, or to his or hor guardian
or to a custodian under the Uniform Gifts to Minors Act. Any
remaining income and principal to which such person shall be
entitlsd shall be paid and distributed to such person upon the
termination of minority or incapaoity.
ITBH XIV. PBRSONAL RBPRE8ENTATIVB, I appoint my wife,
PATRICIA A. SCIfMIDT, Executrix of this my Last Will and Testsment.
Should she fail to qualify or ceass,to act in such capacity, I then
appoint OAUPIfIN DEP08IT DANK AND TRUST COMPANY, Ifarrisburg, Pennsylvania,
as Contingent Executor. In the event that a determination of whether
or not to make the eleotion provided for in Item VI bereof is to
be made and if at tbat time my Wife, PATRICIA A. SCIIMID'r, is serving
as sole Executrix, I appoint DAUPIfIN DEPOSIT DANK AND TRUST COMPANY,
tfarri,sburg, Pennsylvania, as Co-Executor for the purpose of making
that election. No bond shall be required of my personal representative
in any jurisdiction.
ITBH XV. POWERS. In addition to the powers given
by lew to my personal representativs(s) nnd trusteels) lhereinsfter
fiduciaries I in the administretion of my eatate and of the trust(s)
oreated herein, they shall heve the follOWing discretionary pewere
applicable to all real end personel property held by them, including
property held for minors, effective without court ordor until
actual distribution. (Words used 1n tho singUlar may be read
c
[E
~
U
[E
R
c
o
p
V
to include the plural or the plural may be read as the singular.
Similarly, the masculine form may be read to include the feminine
and neuter, the feminine may be road to include tho masculine
and neuter, and the neuter may be road to include the masculine
and feminine. I
~~~~~,
onD ld Schm dt
-
- B -
. .
(())
C
lUJ
M
[E
If\ij
u
A. To retain any propsrty owned by me at my death
and to inveBt Bny funds held by them ill Bny BtockB, bondB, noteo
or other 8ecurities or property, real or peraonal, it beinq my
intsntion to give them the broBdeBt inveBtment powsrs posBible
within the limitationB of the lBw.
B. To sell or otherwise dispose of ony property, reol
or peraonal, at any time forming B part of my estate Dr the Trust
Bstate, for cAsh or upon credit, in Buch manner and on such terms
aB they see fit, and no one dealing with the fiduciBrieB ShBll
be bound to see to the application of any monies paid.
C. To manage, operate, repair, improve, mortgage or
,.
lsase for any term any real BBtate at any time held. or owned
by them as fiducisries.
D. To hold investments in the neme of a nominee and
exercise and dispose of warranto.
E. To engage in litigation and compromiae, arbitrate
or abandon claimB and property.
F. To ccnduct any business in which I am engaged or
in which I have an interest at the time of my death, for such
pericd as the fiduciaries dsem advisable, with the power to borrow
money and to pledge the assets of the business and do all other
acts, which I, in my lifetime, could have done, or to delegate
such powers to a partner, manager or employee, without liability
for any loss occurring therein.
G. To allocate items of receipt or disbursement between
principal and income as ths fiduciarieB deem equitsble regsrdless
of the character given such items by lBw/ tc distribute in caBh
or kind or psrtly in each at valusticns fixed by thefiducisriee.
II. In goneral, to oxercJ.so all powers in the manaqement
of the ABsets of my estate or the Trust estate which any individual
could exercise in the management of similar property owned 1n
his own right, upon such termB and conditions ss the fiduciarieB
may deem best, and to execute and deliver all instruments and
c
[E
If\ij
U
[E
R
c
(()
[p
V
...;y ~ --1l~,.
Donald Schm dt
\
- 9 -
. .
.
o
c
U
M
lE
N
1r
to do all actu which the fiduciarleu msy deom nocouuary or proper
to carry out thu purpouos or this Will or tho Truut (s I cruatDd horein.
1. To epply income or principal to which any beneficiary
18 entitled, directly for h18 or her comfort, maintenance And
support, ahould the fiduciarieu deom uuch benoficiery incapable
ot receiving the Borne by roalon of ago, 111n088, infirmity or
incapacity, or to pay the same to such person or persons as the
fiduciaries solect to disburue it, whose receipt uhall be a complete
ecquittance therefore without the intervention or any guerdian.
J. To aesume continuance of the status of any beneficiary
with referenco to death, marriage, divorcs, illness, incapacity
or other change in the absence of information deemed reliable
without liability for disbursements made on such aaeumptione.
K. All principal and income shall, until sctual distribution
to any beneficiary, be free of the debts, contracts, alienations
and anticipations of any baneficiary, and the aame may not be
liable for Any levy, attachmont, execution or soquestration while
in the hende of any fiduciarioa.
III WITIIESS WIIEREOF, I hava hereunto set my hand and
seal thia I I'd day of /7.1 Jl)/ , 1989.
C
lE
N
1r
lE
~
~ ~~~O>
. Donald Schm dt
Tho preceding instrument, consisting of this nnd nlne other typewritten
pageu, identified by the eignature of the teutntor, was on the
day and date thereof signod, published and doclared by J. Donald
Schmidt, b e teBtat~orBln namad, DS and for his last Will,
in the pt"p ce~ us, ho, at his requost, in his prosence and in
th~.'prese f en h 7.>>'" subscribod our names as witneseos hereto.
. /e:-/~ :2 ? Z. /lJ ;) II ,~ J-f. ;(Lt"u4-fl",-
Ln.dO_ L. qJ.>M,rx.J .2.11 hfJu'rI.')At ) }Jbg~
c
o
~
V
- 10 -
.
REGISTER OF WILLS
Cumberland County Courlhouse
One Courthouse Square
Carlisle, PA 17013
-
JRDlJune 30, 1992/17858
NOTICE PURSUANT TO RULE 6.12
PENNSYLVANIA SUPREME COURT ORPHANS' COURT RULFS
To:
Personal Representative
Counsel: RICHARD L, PLACEY, ESQ"
RE: Estate of J, DONALD SCHMID'!' , Deceased, Late of
!.OWER ALI,EN TWP
Estate No.: 21-1995-0447
Dale of Decedent's Death: MAY 31, 1995
Pursuant to Rule 6.12, the above named persooal representative or the above named attorney, If
applicable, within two (2) years of the decedent's death, and annually thereafter until administration is
completed, is required to file with the Register of Wills a Status Report as required by Rule 6.12, In
substantially the prescribed form, showing the date by which the personal representative, or attorney, as
applicable, reasooably believes administration will be completed. The purpose of this Notice is to advise
you that uoless the requisite Status Report is filed with the Register of Wills or Clerk of the Orphans'
Court, as appropriate, within ten (10) calendar days after the date of this Notice that the Register of Wills
Is required to notify the Orphans' Court Division, Court of Common Pleas of such delinquency and to
request that said Court conduct a hearing to detennioe whether sanctions should be Imposed upon the
delinquent persooal representative and the delinquent personal representative's counsel, if any.
Accordingly, if the requisite Status Report is not filed by JU[, Y 11 , 1997, you are hereby
advised that a request will be submitted to the Court in accordance with Rule 6.12. . }.~
Date: JUNE 24, 1997 /' '1l1
'- -,.er
Distribution to Estate File
STATUS REPORT UNDER RULE 6.12
Name of Decedent: J. Donald Schmidt
Date of Death: May 31, 1995
Will No.
Admin. No.
2195-0447
1995-00447
PurBuant to Rule 6.12 of the Supreme Court OrphanB'
Court Rules, I report the following with reBpect to completion of
the administration of the above-captioned estate:
1. State whether administration of the estate is complete:
Yes X No
2. If the answer Is No, state when the personal
representative reasonably believes that the administration will be
complete:
3. If the answer to No. I is Yes, state the followingl
a. Did the personal representative file a final
account with the Court? Yes No X
b. The separate Orphans' Court No. (if any) for
the personal representative's account is:
c. Did the personal representative state an
account informally to the partIes in interest? Yes X No
d. Copies of receipts, releases, joinders and
approvals of formal or informal accounts may be filed wit the
Cerk of the Orphans' Court and may be attached' 0 t fs rep t.
'/
Date: June 26, 1997
\[)
; ~ <'"
i ! J ~
Placey, Esquire
type or )
200 N. 3rd St., P.O. Box 99
Address Harrisburg, PA 17108
,i .,1
~{
,.-"
h :
r-
N
"
'-
'-oj
'J
\,~ '-'
'1lC!,:
cc
(717) 236-9577
Tel. No.
,...
p,
: ('
.2 :.:3
Oc..;
Capacity:
Personal Representative
X Counsel for personal
representative
(MAHlrmflAM3)