HomeMy WebLinkAbout96-00463
PETITION FOR I)ROBA TE and GRANT OF LETTERS
No. _c2I-lqq{P-Lj.~3
To:
EslO/(' of NARY I.OU 1 SE I.OY
al.'" kllo...II a"
Register of Wills for the
. DI'(,l'a.\w/. County of. Cumhe rl and in the
Sodal S('('lIrity No. l74 05 0543 COl11l11onweahh of Pennsylvania
The petition of the undersigned respectfully represenls that:
Your petitioner(s). who is/arc 18 years of age or older an the execUI or named
in the lust will of the nbnve deeedenl. dated Nav (, ,19-1l!!-
and eodicil(s) dated Janet E. Lov. the executrix named in the Will
is a ,atient at Swaim Health Center. 210 Ri' S ring
Road. Newville. I'A. Niss Lov is unable to handle her own
financial affairs and Financial Trust Services acts as her
(\tale rch~\';Ull cirCIlI11\I:mCC\, l'.~. H'lllmci<'lion. death of ('teUlOr, etc.) At torney-In-Fact.
Decendent was domiciled at death in Cumberland
h pr last family or principal residence at 7 Rid!!e Lane.
West Pennsboro Twn.
County. Pennsylvania, with
Newville. I'A 17241
(lbl \!Teel. number and mundpalil)'l
Decendcnt. then 86 years of age. died Nav 24 . 19 96
at Swaim Health Center. Newville. I'A .
Except as follows, decedent did not marry. was not divorced and did not have a child born or adopted
after execution of the will offered for probate; was not the victim of a killing and was never adjudicated
incompctenl:
Decendent at death owned properlY with estimaled values as follows:
(Irdomiciled in Pa.) All personal properlY $ 190.000.00
(If not domiciled in Pa.) Personal property in Pennsylvania $
(If not domiciled in Pa.) Personal properlY in County $
Value of real cst ale in Pennsylvania $
situated as follows:
WHEREFORE. petitioner(s) respectfully
presented herewith and the grant of lellers
Iheron.
request(s) the probate of Ihe lasl will and codieil(s)
testamentary
(IC~13mCnlar)': adminimation c.t.a.; administration d.b.n.c.t.a.)
Financial Company, successor
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Jan VI' & TO
One West Bieh Street
r.nr1i~1p. VA 17011
24U-4:>U4
OATH OF PERSONAL REPRESENTATIVE
COMMONWEALTH 01' PENNSYLVANIA } l:lS
COUNTY OF CUNRERLAND
The petitioner(s) above-named swear(s) or affirm(s) that the statements in the foregoing petition arc
true and correct 10 the best of the knowledge and belief of petitioner(s) and thai as personal represen-
tative(s) of Ihe above decedent petitioner(s) will well and trul administer the estate according to law.
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ompanYt!asuccessor
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Sworn 10 o,r affirmed and subscribed 1 (
before me this 4 th day of
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LM;T WI LL 1\ N/J TI~ST^",mNT ()/o'
MAlty LOIIISI'; LOY
I, MAHY LOllISE LOY, .'lingle woman, or I:JO West Pomfret Street
in the 1l01'ough of Carlisle, CUmbl'l'land County, Pennsylvania, being or
sound and disposing mind, memory and understanding, do hereby make,
publish and deelare this as and rO), my Last Will and Testament hereby re-
voking and making void any and all Wills by me at anytime heretorore made.
1. I direct my hereinarter named Executrix to pay all or my just debts
and funeral expenses as soon after my death as may be round convenient to
do so. I direct that my funeral services be conducted by Horrman-Roth
Funeral Home, 219 North Hanover Strect, Carlisle, Pennsylvania, and that
my body be interred on the James H. Loy burial lot located in the cemetery
adjoining Center Presbyterian Church in Perry County, Pennsylvania, at Such
location on the lot as my hereinafter named Executrix shall determine or as
the runeral director shall deem appropriate.
2. I give, deVise and bequeath all of my interest in household goods
and rurnishings, articles of personal use and adornment, and tangible personal
property generally, to my sister, .Tanet E. Loy, provided she shall Survive
me by a period or Ninety (90) days, but should my said sister, .Tanet E. Loy,
fall to survive me by a period or Ninety (90) days then to my cousin, Mary
Elizabeth Sm ith, who is the daughter or Harvey M. Stuart, provided she shall
survive me by a period of Ninety (DO) days.
3. All the rest, residue and remainder or my estate, including any
lapsed legacy or legacies, I giVe>, devi.'lc and beqUeath to Fal'mers Trust Company
and its SUccessors, 1 West l/igh Str'cet, Carlisle, Pennsylvania, in Trust, to
receive and to invest the same, and to pay the income arising thererrom to or
for the bencfit or my sister, .Tanet E. Loy, of 130 West Pomrret Street.
Carlisle, Pennsylvania, so long as she shall live, and in addition said Trustee
Page 1 of 3 Pages
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is uuthori%ed and diJ'el'lcd to pay :;11 Illlll'h of tll" pl'i1H'ipal Ihl'!'('of, f\'lllll
lime to time, aH in it:; judgnwnl I:; 1l('{'(':;H:ll'y OJ' IleHirahll' 10 he ,!xpended in
order to enable my said sister, ,Janel I~. Loy, 10 maintain the standard of
living to which she is accustomed, and at her death, to retain $25,000.00
in Trust and to pay the income arising therefrom to or for the benefit of my
niece, Lila Linn Foscoe, presently of the state of Georgia, so long as she
shall live and at her death said Trust shull terminate and the then remaining
principal together with any undistributed income shall be distributed one-half
to the Trustees of Dickinson College at Carlisle, pennsyl vania, to be used
for such purpose or purposes as they shall deem best, and the other one-half
to the Trustees of Second Presbyterian Church, 528 Garland Drive, Carlisle,
Pennsylvania, to be used for such purpose or purposes as they shall deem
best.
The balance in said Trust Fund remaining after the death of my sister,
Janet E. Loy in excess of $25, 000. 00 shall be distributed one-half to the
Trustees of Dickinson College at Carlisle, Pennsylvania, to be used for such
purpose or purposes as they shall deem best and the other one-half shall be
distributed to the Trustees of Sccond presbyterian Church, 528 Garland Drive,
Carlisle, Pennsylvania, to be used fOl' such purpose or purposes as they shall
deem best.
4. I hereby nominate, constitute and appoint my said sister, Janet E.
Loy, as Executrix of this my Last Will and Testament, but should she pre-
decease me 01' fail to qualify, tlwn in such evcnt I nominate, constitute and
appoint Farmers Trust Company and its successors, 1 West High Street,
Carlisle, Pennsylvania, as alternate or successor Executor, and I further
dired that neither of Ulem shall he l'cCJuired to posl an,v bond to :-lecure the
faithful performance to her 01' its duties in the Commonwealth of Pennsylvania
or in any other jurisdiction.
Page 2 of 3 Pages
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REGISTER 01; WILLS 01; Cll~lIIEIl\.^NIl COUNTY
OATH 01; SUDSCRIUING WITNI~SS
Ilobert H. Frey llncl JOlln Il. Fry
00tI\lll1
(each) a subscribing willless to the will presented herewith, (each) being duly qualilied according 10
law. depose(s) and say(s) that they were present and saw
Hn ry Lou i se Loy
the testat rix . sign the same and that they signed as a witness at the
request of testatrix in \1 er presence and (in the presence of each other) tiIltilll<J1K1011CXlOfltll&
~~t!llIl1,lWIlIttll!(l!!ij).
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Sworn to or aflirmed and subscribed before
me this ~ ilL day of
19C
l. ).1. 'iC
Registtr -JpIU
J
Joan
Robert H. Frey (Name)
5 South Hanover Street, Carlisle, PA 17013
Ira (t .J
II. Fry
(Address)
I -;
h(Na~e/,<J---
(Address)
JOAN B. FRY SIGNE9 THE OATH OF SUBSCRIB
ING WITNESS JULY 3. 1996
REGISTER OF WILLS OF COUNTY
OATH OF NON-SUBSCRIBING WITNESS
(each) being duly qualilied according to law.
familiar with Ihe signature of
testat
of (one of lhe
presented herewith and
codicil
tgnature on the will is in the handwriting of
that
to the best of
Sworn to or aflirmed and subs
me this
(Address)
Register
(Name)
(Address)
lU~NUNC1ATlON
deceased.
In Re Eslale or
Mury Louisc Loy
CounlY, pennsylvania.
To the Regisler or Wills or
cumberland
". ..d"'.... J.'" E. t.<> by ".,,0101 "." ,,~,," 00.. ,.",,,., " .,
P.,.", y,." ,""p"Y' b" ",o,"y"""" by J." " ,.,k" ,..,., VP , "
'" ,bow d.''''''' _by """,",.) ", ,.hi" .om'""" ". "." ,.o ~",,(.," .".) ,b" L"'~
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be issued to
Financial Trust Scrvices Com an . successor to Farmcrs Trust Com.any
Testamentar
mv
hand this -
day or "7 June
.19JL.
WITNESS -
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Ja t E. Loy \Q'gnalurcl Financial Trust services\ \
Co.. successor to Farmers Trust Company.
her Atty-in-Fact by Jane F. Burke. Senior
Vice president/Trust Officer
DPP wp~t "1gh ~ttppt !
(Add'''')
Carlisle, PA 17013
(Addre")
,
POWER OF A'I'TORNEY
KNOW ALL MEN BY THESE PRESEN'rS, That I, JANET E. LOY
residing at 7 Ridge Lane, Newville, Pennsylvania, 17241, the
principal of this Power of Attorney, do hereby nominate, constitute
and appoint, Farmers Trust company, carlisle, Pennsylvania, my true
and lawful Attorney-in-Fact, for me and in my name, place and
stead:
1. To accept as a gift, or as security for a loan, to reject,
to demand, to buy, to lease, to receive or otherwise to
acquire ownership or possession of any estate, real or
personal.
2. To sell, to exchange, to convey either with or without
covenants, to quit-claim, to release, to surrender, to
mortgage, to encumber, to hypothecate, to partition or to
consent to the partitioning, to revoke, create or modify
a trust, to grant options concerning, to lease or to
sublet, or otherwise to dispose of, any estate or interest
in any real or personal property.
3. To release in whole or in part, to assign the whole or a
part of, to satisfy in whole or in part, and to enforce
by action, proceeding or otherwise, any mortgage,
encumbrance, lien or other claim, which exists, or is
claimed to exist in favor of the principal with respect
to any real or personal property.
4. To do any act of management or of conservation with regard
to any interest in real or personal property owned, or
claimed to be owned by the principal, including by way of
illustration, but not of restriction, power to insure
against any casualty, liability or loss, to obtain or to
regain possession, or to protect such property or
interest, by actions, proceedings or otherwise, to pay,
to compromise or to contest taxes or assessments, to apply
for refunds in connection therewith, to use, to alter and
to make repairs or alterations to any such real or
personal property.
5. To demand, to receive, to obtain by action, proceeding or
otherwise, any money or other thing of value to which the
principal is, or may become, or may claim to be entitled
as the proceeds of real or personal property or of any
interest in any such property, or of one or more of the
transactions enumerated in this section, to conserve, to
invest, to disburse or to utilize anything so received for
purposes enumerated in this section, and to reimburse the
attorney for any expenditures properly made by him in the
execution of the powers conferred on him.
,
6. To invest and reinvest any runds received in such amounts
as Principal's attorney sees rit, in such stocks, bonds
or other property, real or personal, as it may, in its
sole and absolute discretion deem advisable. said
attorney may also, in its discretion, hold and retain any
property received in the same form as that rnceived,
including shares of Financial Trust corp stock.
7. To carry in the name of a nominee selected by the
attorney any evidence of the ownership of any bond, share,
other instrument of similar character, commodity interest
or instrument with respect thereto, belonging to the
Principal.
8. To continue, to modify and to terminate any deposit
account or other banking arrangement made by or on behalf
of the Principal prior to the creation of the
attorney-in-fact.
9. To make, to sign and to deliver checks or drafts for any
purpose, to withdraw by check, order or otherwise any
funds or property of the Principal deposited with, or left
in the custody of any banking institution, wherever
located, either before or after the creation of the
attorney-in-fact.
10. To receive statements, vouchers, notices or other
documents from any banking institution and to act with
respect thereto.
11. To have free access at any time or times to any safe
deposit box or vault to which the Principal might have
access, if personally present.
12. To borrow money by bank ~verdraft, or by promissory note
of the Principal given for such period and at such
interest rate as the attorney shall select to give such
security out of the assets of the Principal as the
attorney shall think to be desirable or necessary for any
such borrowing, to pay, to renew or to extend the time of
payment of any note so given or given by or on behalf of
the Principal and to provide for the Principal a loan from
any banking institution by any other procedure made
available by such institution.
13. To apply any principal and income received, in the
discretion of said attorney, toward the payment of the
cost of Principal'S care and maintenance in any nursing
home, hospital or other institution, or at Principal'S
residence, and toward the payment of Principal'S ordinary
living expenses and medical, surgical, dental or nursing
care.
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14. This power of Attorney shall not be affected by the
physical or mental disability or incapacity of principal,
and said attorney shall continue to exercise all powers
herein conferred during such disability or incapacity.
And I hereby give and grant unto my said Attorney-in-Fact full
power and authority to do and perform every act necessary to be
done in and about the premises as fully as I might or could do were
I personallY present, with full power of substitution and
revocation hereby ratifying and confirming all that my said
attorney shall lawfully do or cause to be done by virtue hereto.
IN WITNESS WHEREOF, I have hereunto set my hand and seal
this jo.Jjt day of tJove.lI'1l'1eR ' 1993.
E.t-
Janet
COMMONWEALTH OF PENNSYLVANIA:
COUNTY OF CUMBERLAND
On this~day of 100vef)'fJJ~f--. ' 1993, before me
personally appeared JANET E. LOY, to me known to be the person
described in and who executed the foregoing instrument, and
acknowledged that she executed the s;~~.~s her fr i act and d~
. /
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NOlf.'1'f.L ~...AL
CF\h'" l.. r .-rr. ". '.1rl Public
~.r!.:t'\ ::,'~;jr~{,\ 'h~,(,..;.>:;~.\nJ County
',', Ctlr,rr',~ll{n (,;,Irc :,',.11 1~. 1996
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Financial'rrus! Company
Serv Ices
TO: Regisler of Wills
Cumberland County Courthouse
Carlisle, PA 17013
CERTIFICATION OF NOTICE UNDER RULE 5.6(a)
Name of Decedenl: Mary Louise Loy
Dale of Death: May 24, 1996
Will Number: 2196-0463
To the Regisler:
I certify lhat notice of beneficial interest required by Rule 5.6(a) of the Orphans' Court
Rules was served on or mailed 10 the following beneficiaries of lhe above captioned estale on
July 12, 1996:
Janel E. Loy
c/o Dorothy M. Slonesifer
9 Ridge Lane
Newville, PA 17241
Second Presbylerian Church
c/o Treasurer, Board of Trustees
528 Garland Drive
Carlisle, PA 17013
Lila Linn Fescoe
1475 Woodlake Drive
Lakeland, FL 33803
Dickinson College
Box 1773 Alln: Annelle S. Parker
Carlisle, PA 170\3
Notice has now been given to all persons entitled thereto under Rule 5.6(a).
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Date: July 12, 1996
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Signature: (L 'lee ~
Jan F. Burke, Senior Vice President
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and Trust Officer . -~
Financial Trust Services ~Qmpan~
Successor 10 Farmers Trust Company
P.O. Box 220
Carlisle, PA 17013
(717) 243-3212
Capacity: Personal Representative
~Il ._,
F:anncr\ Tn!'>t . Ilivhiulluf FillillKial Tru\1 ("tllllpilll~
I Wl"IIIi~h SUC'l'I. P.O, BIl\ 1:!O . Culi..k, P,\ 17111.\
17171 ~4J. J~I~
FiN ~;lIitlnill BillI~ m1\1 'l'ru.., ('II.
I.' \\\'\1 ~1aill Slfl'Cl. 1'.0. Ht)\ :"'1 . W;l\l1l....hurn P/\ InC,N
171717h~. Slhl' .
Ch;ll1lll\'r..lllll!!Tnl\t
1.1 North Main Slrrel. P,O, Hm. C . (,h;llllllt.'r..hllr~. 1',\ 17:!0I
17171 ~hJ. '1~1I1
I:in.llh:ial Tm'l ('t1J1l
.110 Alll'lI Huad. 1'.0, Un\ 120' C:uli,k", PA 17UI.1
17171 ~4.1. SIKIJ
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---T~f f\\'l~\'lCl~L 11' (1) ._~_"-C_ ___.._.___._ .
i 2. S, .", (2) 291.~9B.:.~
! 3. Cll .... .,uoc:kJPartnership Interest (Schedule C) (31 None
I 4. Mortgages and Noles Receivable (Schedule 0) (4) -=~-Ol']~=~~_.-=---=--=--=~=
5. Cash. Bank Deposits & Miscellaneous Personal Property (5) _____ 85,41 ~..:....5I-
(Schedule E)
\ 6. Jointly Owned Property (Schedule F)
7. Transfer. (Schedule G) (Schedule L)
a. Total Gron Assets (toralUnes 1 -7)
9. Funeral Ellpenses. Administrative COSIS. Miscellaneous (9)
Expensts (Schedule H)
to. Debts Mortgage Uabilities. Uens (Schedule J)
11. Total Deductions (tolallines 9 & 10)
12. Net Value of estate (line a minus line It)
13. ChAritable and Governmental Bequests (Schedule J)
14, Net Value Subjeclto Tax (line 12 minus line 13)
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96 - 0463
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'mtunder Return
dales prior to 12-12-82)
leral Estate Tax
'n Required
, number at Sale Deposit
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324.270.44
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1'15~Spoulal Transler (for dates after 6-30-941
See Instructions tor Applicable Percent on Reverse
Side. (Include values from Schedule K or Schedule M,)
16, Amount at line 14 tauble a 6% rate
(Include valu" from Schedule K or Schedule M)
17. Amount alline 14la.able all5 % rate
(Include values from Schedule K or Schedule M)
18, Principal tax due (Add'" from Une 15, 18 and from line 17)
10 Credits Spousal Poverty Credit Prior Payments
0.00 + 0.00 +
1\91
(20)
m___. 0.00
(15)
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2.223.26
2L~~3.26
(171. .
(18)
Interest
0,00
Discount
0.00
20. If line 10 Is greater Ihan line t8. enterlhe difference on line 20. This Is the OVERPAYMENT
EI 0 ~,.ilJ~..I~.I.II.'~II.i.l.~lh~.,.,1:.lmw.-J.'j.111.'l~'II!l!J.'.IIII'ltl
21. It line 181s greater than line 10, enter the difference online 21. Thtsisthe TAX DUE. (21) . ____,____ 2.2~3'26
I
1 A. Enter the Interest onthe balance due on line 21A. (21AI 0.00
i B.Entt"hetotelofline21end21Aonline21B.Thlslslhe OALANCEDUE. (21B) . __._ ._~g23.26
b ~hke Ch_e_~~. P~y!-_b,~~ I!J': ~!tu'-ster at ~~I"L!,genl_ _ '_'-':'~_~~:_:'____. _ _______
BE SURE TO ANSWER ALL QUESTIONS ON REVERSE SIDE ANO TO RECHECK MATH
under penalties of perjUry,l deelarelhan have e.amined this return. including Accompanying schedules and stalements, and to the best at mYknowtedge and beUer.
it Is true. correcl and complete, I declare 'hat all real estate has been reported at true market value. Declaration of preparer olher than personal representalive Is
~asedonal1lntormationofwhichp':rep"ar.rhas~...!!!!~~edge ------ --.-..----- ---.-. --- ----~_.----
SIGNATURE OF PERSON RESPONSIBLE FOR FILING RETURN ADDRESS Del.
~11.~nclal Trust ~~~~~ .s.:ompaI1.Ljl1~_j:~Lbt)~._ ~1lJ.kL..tiC/:('._._._.__ r[~ ;L..:'~~7_..__
SIGNATURE OF PRE PARER OTHER THAN REPR1SENTATIVE ADDRESS Oele
__._ ___.....__.____._.___________ ._________._.______________._ __._ __ _. .._w__. _ _._.. _ --.----
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027495
TRUST NO.
1l.\"II
30 00 5345 0: 7
MAr'! LOUISE LOY EXE
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FINANCIAL TRUST SERVICES COMPANY. 310 ALLEN ROAD. CARLISLE. PENNSYLVANIA 17013
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~ ['x; 1. Original Return 2 5upplelTlC'ntAl Return 3 Rem4111der FiefUl"
~~B (fOfd4tespflorlo 12-12-(2)
wc; 0 4 LJmlled eltate 4ft. Future Inleresl Compromise 5 Federal estale ToJ.
"'Ua:..J (lor dales oldealhnbr 12-12-821 HelurnAequltod
..Ill I'
0.. l X., 6. Decedent died Testate 7 Decedenl Malnt"ined a lIVinG Trust 0 8 lolnl number of Safe DeposIt
__._~___t___~.!.!l!chE_OP'y.~_'_~~I)_ __t~~I~~~E~Ey~_'I~~~!1 ____ on Oo.e~ ~,_-:~-.. ------- .-.--
I L-._~!lRRESPOND.!'!!~E-~D CO~.!!!E_NTIAL~lU!!fORM~ILO!!..SHOl!!o[) ~EJlI!!!i~!1 !0":+....1 ~
"'.... ! NAME i cOMrl[1[ I,lAIUNG AOQn[S5 . . ~
~ ffi 1_ __.Fina!1..clalTDJSI~ervi~,,~~ompnny Farmers TruslCompany ....,
a: ~ I' 1[LCPI<ONE NUMBER 1 West HI9h Slreet I ' ,
o 0 717-240-4504 P.O. Box 220 Ul
~__~,~-=.,;.=c,-c._=.- Carlisle.PA 17013.. "~
,. Real Ellale ( Schedule A) (II None
2. Slocks and Bonds (Schedule B) (2)
3. Closely Held Stock/Partnership Interest (Schedulo C) (3)
4. Mortgages and Notes Receivl1ble (Schedule 01 (4)
5. Cash. Bank Depollll & Miscellaneous Perlonal Property (5) . .________~~5,4.~_3..'._5Z_
(Schedule E)
6. Jointly Owned Property (Schedule F)
7, Tranlferl (Schedule G) (Schedule L)
8, Total Gron Assets (total lines 1 -7)
9 Funeral Expenses, Administrative Costs, Miscellaneous (9)
Expenses (Schedule HI
10. Debts Mortgage Uabihlies. Uens (Schedule t)
11. Total Deductions (totallinel 9 & 10)
12, Net Value ot Estate (line 8 minus line 11)
13. Charitable and Governmental Bequests (Schedule J)
14. Net Value Sub)ectto Tax (line 12 minus line 13)
t-
Z
w
o
w
o
w
o
I 5 - I U 9) - I
INHERITANCE TAX RETURN
RESIDENT DECEDENT
(TO BE FILED IN DUPLICATE
WITH THE REGISTER OF WILLS)
nlCl.llfHI'S HAMI UA:l1.' IIIDI, ANIlt.lIllUlI l"lI1Al)
Loy. Mury Louise
SOCIAL SU:URlIY NUUUUI
n....t,Illli"" AL "ICt IUl'j::~\I/AI'IA
11 "AIIlIw'I'Hpr "..,IM
flI'I;'l\llIllJl
ttAlU\I!lI\Ulli I'Alll:I5-ClJJI
UAI[OrmAlI1
174-05-0543
5/24/06
nAIl or IIUlUt
7/28/09
5Ur.IAl ~I ellllllY NUt.lUlII
.~~~.4p~9~
NOllE!
None
(6)
(7)
~.OO~40
i.
I IlllIIAII_U ot III Allt AI IUI U13''-'" cln:c"
111111.11 Al1I'otlUAI
,lloVtIIlYC:lIIIJIIIlIGIAIa.trn LJ
I'll [ NlJMIlUI
21-96-0.163
ClIUNIYCUIJI.
"'A"
"'!Ul.lIM:"
UUIIVIV1NO 51'OUt.l"S NAU[ If AWllCAlllLl
z
o
t=
:5
:J
t-
o:
0(
o
w
a:
z
o
t=
0(
t-
:J
..
2
o
o
)(
0(
t-
15. Spousal Transfer (for dales after 8- 30-94)
See Inl,ructions for Applicable Percent on Reverse
Side. (Include values from Schedule K or Schedule M.)
16. Amount ot line 14 taXAble a 6% rate
(Include values from Schedule K or Schedule M)
17. Amount olline 14 tallable at 15 "" rale
(Include values trom Schedule K or Schedule M)
18, Principal tax due (Add tax trom tine 15, 16 and trom line 17)
19. Credits Spousal Poverty Credit Prior Payments
0.00 + 0.00 +
NonE!
--------_.---~
35.443.94
-- -----
(10)
:3.~84.81
III CIIJI NI.t; el)UI'11 II AIIIllIl u:.
7 flld(J" Lu""
NeWVille. PA 17241
c..." 21-96-0463
Alr,IOtlNI III CIIVIIII:.rr Itl:,lflUC110N::.l
0.00
-.- -.-------.-
-----,-.~.._--_._-
~~ l
r-.l
;:.
H'l:
-..
(IS)
000
. ---- --
(8)
377,920.93
(18)
______...0.0.0_
.1 <1,!l21.75
(11)
(12)
(13)
(14)
..___38.828~
339.092. 18
324,270.44
-------
.._ ____14.821.74.
117)
Discount
0.00
Interest
0.00
- --- --------.---
x 0_00 ""
--...Qil.Q.
0.00
X 08
X .15
2.223.26
2.2.2;J~~
(18)
(19)
(20)
______ n!LOQ..
2o.lf line 19 Is greater than line 18, enter the difference on line 20. This II the OVERPAYMENT
110 eiJ'1'"1:t1il,II['.l&'l.,'.,I"."I'I'I'J--iIIlH.'..'lmiF.-;'1"~ll.'~'J>U:l;l'.l.Il('1i1 -
21,lt line 18 Is grealer than line 19, enter the difference on line 21. This is the TAX DUE. (21)
A. Enter the interest on the balance due on Ime 21A. (2tA)
8. Enter thetalal otline 21 and 21A on line 21B. This is the BALANCE DUE. (218)
M.ke~h.e_~~_~~y~~I~t~-.: ~~~~.~~r_.!'!;~~ls. ~g!,,!______~. . n__. _. _ .____ - --._-~ ---..:.:._-..;:=-;.:..;.~=-..:
BE SURE TO ANSWER ALL OUESTIONS ON REVERSE SlOE AND TO RECIIECK MATti
under penallles of perjury. I de<:lar. thafrhave elamined ihil relurn, including accompanYing-schedules and $tatement$~-andTo-lhe-besfofmvknowledge and belief,
It Is true, corre<:t and complete. I de<:lare that 411 real estate has been reported at true market value. Declaration 01 pr~parer olher than personal representatIVe Is
b~~ed on all Information orw~.~~h_P'!'~p"~!~r has~!!.y_~~~~~~g! ,._______._____._. .- --------.-- -. --.--.--~------
SIGNATURE OF PERSON RESPONSIBLE FOR FILING RETURN ADDRESS Dole
Fina~.c!~_Trus!..~"-~~~.s ~",~p_any____(\J.\",-,-je..l!.)~I(.- ~ltUtL.LIC/:[' r~J 2__._~~~__
SIGNATURE OF PREPARER OTHER THAN REPR~SENTATlVE ADDRESS Onlo
~:_-:::::;;;.-=~:::;.-;
__ _,g,2.~3-,~!L
0.00
~g,2326
~AltH()I"I...nv"''''''
...N1AM:1 'UNI\.llft
.....Ntbla~H1
SCHEDULE E
CASH, BANK DEPOSITS AND
MISCELLANEOUS
PERSONAL PROPERTY
Plene Pllf\~ _~~IV~!.~___._=--
FILE NUMBER '
21 -96 -0463
---..-.-......, .
-.- --- ..-.... -.. ~.- . - . .~.-
ESTATE OF
Mary Louise Loy
__~.....__________.'__ __n_._ .n_.
lA~!~:~'YIJo!~~r:.~~~!~.~j'h t,~!lllgh,t.O.'-~~tvl~O~:I~E~~?~:~I~~~I~'.d.O~SCh..dUI. F~__..,.,. .__ .1'
1. Certificate of Deposit, Farmers Trust Company 4,25% 10/10/96
2. Interest to 000. Item t
3. Certificate of Deposit. Farmers Trust Company 4.5% 1116/97
4. Interest to 000, Item 3
5'1 Certificate of Deposit Farmers Trust Company 6% lf7196
6. Interest to 000, Item 5
7. Checking Account. Farmers Trust Company #425796
6. Interest to DOD. Item 7
9. Subscription Refund. Time Inc.
10. Subscription Refund. TV Guide
11. Cash
12. Refund. Troy Laundry & Dry Cleaner
13. Principal Cash Balance. Attorney-In -Fact Account Financial Trust Services Company
14. Income Cash Balance, Attorney-In-Fact Account Financial Trust Services Company
15. Cancellation Refund, United Telephone Company
16. Proceeds sale of Television
17. Proceeds, Vanguard Federal Portfolio
t 6. Proceeds sale of Drapes
19. American Express Travelers Checks
20. Refund, Belvedere Medical Cenler
21. Benefit Refund, PA Blue Shield
22. Subscription Refund. The Sentinel
23. Premium Refund, Old Guard Muluallnsurance Company
24. Personal Property as appraised
VAlIJEAT.----
DATE OF DEATH
6.466.60
13.56
8,915.90
12.06
4,000.00
34.75
22,410.52
23.29
53.46
16.91
165.05
33.25
18,729.51
t ,095.05
13.50
75.00
22,256.97
75.00
160.00
22.84
27.00
7.35
4.00
762.00
- -~.~----~_._----~------ .~_._-..- -- ---..
85,413.57
._ ___ __ __. _._____!!l~IJ!I!C!..~_t~~ o_n.!!.n.!-~..!~4p~II!.~~~~)__ _____
(If more space is needed. insert additional.heets at same size)
~AlfHOIrt"...nw"frM
".NfoUlCl'U""\.IFfj
SCHEDULE F
JOINTLY-OWNED PROPERTY
~._~:'~!!!J!~.:.!'____--,,-~..,.. _-____':"_--:. _.__.__,-u___: :;0.':"'=____
ESTATE OF
M!!!Y.10u~e_~c:>v
.i~!~'.n.nl(.):__.__.___
NAME
- _n._ .. _._.~._ __ . ..-.--
._...-'---'---'--'.'--~---"--"'-
- .--,,- ---.
- .---..----...---.
FILE NUMBER
..?1=.!1l.l=Q'16~_.____
I\OJm~!!!I_
- -.----.--- - - -- ---T::----.--------
_____-+'!E_~I.\J'!>'tS_HIV.9.Jt~~~P.IDiL
I
I Sister
I
A. Janet E. Loy
C/O Financial Trust Services Company
1 West High Street. P.O. Box 220
, Carlisle, PA 17013
B.
C.
Jointly-owned property:
ITEM LETTER-
NUMBER FOR DATE
JOINT MADE
TENANT JOINT
DESCRIPTION OF PROPERTY
r;OTAL VALUE
: OF ASSET
I
I
I
,
I
I
I
2.016.791
I
I
I
I
,
DECD'S I DOLLAR VALUE OF
"INT. I DECEDENT'S INTEREST
,--
1.
A
9/1/67
Checking Account, Fanners Trust #425786
50%
t ,006.40
,
I
I
I :
---..-----""".------.---.-
,
--.~--.-.- ---. ........ ._.. - -----.-_._-
1,006.40
__________ To.~.Halso enter on line 6. rec~prtulalionl_n u___
(II more space Is needed. insert additional sheets 01 same size)
~.."''''.._'''- SCHEDULE H
:~=~::~-'="~===_C_"~oL~\libN~~R~J~5~~&W~^s~~_
ESTATE OF
ITEM
NUMBER
A.
Ma .h.12~ise LgL_ ____.___________
OESCRlPTION
; FILE NUMBER
,
___.. ._L-. ___._
.. ..r'O.~O.T~_~o".r__".!!!'I=~
21-96-0463
i -- 'AMOUNT
1.
2.
3.
I Funeral Expenses: -. ..
I Holfman Rolh Funeral Home
I Carlisle Memorial Service Inc, marker wilh inscription
Funeral Luncheon
--- ."1_____________
i
--_._-_._-~------~
1.6tO.00
445.00
30.00
B. Administrative Costs: Financial Trust Services Company 15,764.52
1. Perianal RepresentaUve Commissions
Social Security Number of Perlonal Representative: 0.00
Vel.' Commission. paid
2. Anarn.y Fees Frey & Tiley 15.764.52
3. Family Exemption
Claimant RolAtlonshlp
Addres. of Claimant at decedent'. death
Stre.t Address
City State 0.00
4. Probate Fees Register of Wills, Lelters Testamentary 267.00
C.
1.
2.
3.
4.
5.
6.
7.
6.
9.
to.
i Miscellaneous Expenses:
I Rowe's Antiques. appraisal fee
I Duty's Lock & Key, open and remove safe
I Lois Miller. cleaning apartment
, Jenny Howell. two hours labor
. Julie Howell. two hours labor
US Postage
The Carlisle Mailroom. shipping charge
Cumberland Law Journal, advertising Lelters Testamentary
I The Sentinel, advertising Letters Testamentary
i Miscellaneous Filing & Closing Costs
I
I
I
I
I
,
I
I
I
I
i
I
I
I
,
65.00
326.60
260.00
20.00
20.00
to.99
74.6t
60.00
63.70
400.00
- -t~~-- -
35,443.94
.------..---------
Total (also enter on line D, recapltu~~ion)
(If more 'plce I, need.d, Inurt .ddIUon.1 sheets 0' lime size)
SCHEDULE I
DEBTS OF DECEDENT
MORTGAGE LIABILITIES AND LIENS
... ...cc.~=~.o-~=~~~~=~c:~"O,'=~"~~~.~~..=="~.."'='-'~."'~F~:~sU~~~!~rl.YPQ__.c~-"'~c;==
Mary Louls.e Loy_....------ __- __--.-------- 21=!!~=.O'o1~SL-.-- --------
.._---.---bEstnlPlliiN-------- ..---: "'AUouN'r
;
----r
i
\
I
I
I
I
~.ll1MOII'I"'T\V""
.....rIJCI t-..N1UJlH
.....NT caClDlNt
ESTATE OF
-.TE
NUMBER
1. Paul J. Creeden DPM, balance due
2. United Telephone Company, balance due seNlce
3. Reader's Digest. past due notice for condensed book
4. PA Power & Ught Company. balance due seNlce
5. Belvedere Medical Corp, balance due seNice
6. Presbyterian Homes Inc, balance due maintenance fee, drugs
7. Carlisle Imaging Associates, balance due seNice
6. Internal Revenue SeNice, 1996 Quarterly Estimated Tax Payment
9. Intemal Revenue SeNice, balance due 1995 personal income tax return
10. PA Department of Revenue. balance due 1995 personal income tax return
11. Credit Card Department, balance due
12. Deborah W. Piper Tax Collector. 1996 Personal Tax
18.00
82.95
20.96
274.29
45.68
1,348.46
4.32
440.00
943.34
150.33
47.66
6.80
\
.---______0
3,384.61
Tatal (also enter on line 10 recapitulation) ,
(If more space I, n..ded, In.ert additlona' sh...a d. same size)
---.-------.---.----..
.-'''''''"
, . .'
~oI.lmOf't""'Ul"'-
SCHEDULE K
LIFE ESTATE/ANNUITY/
TERM CERTAIN
...."'.JlC',......T~
fil:Uat(l{_nll",t
~ .
ESTATE OF rilL NUMIILII
__~_~_~~MaryLouiseLoy .~..' ...... .' 21-96-0463 .. ..
Thl, Ichedule I' 10 be uud for all slnule life, lolnl or succeulve Iile eslales and term certain calculalions. ror dales of dealh all.r
12-31-01 and bafor. 5-1-IID, acluarial faclor. lor slnolo IIfa calculations can be 'ound In nayenue Dooklel (REV-IGUIIJ). For d.tel
~th on or ~!t_'!!..5-I-e~~a.!~a~~~~.!D)C' fou~~L!-~J!!S PubJ!~~~I_o~_1. J4_~1~~I_U~~~~! ~~llJ_ItI._~lp~a .Vol~_,!,.~~-._ --+ --.--- -.. ---
The instrument creating the lifo interest is a: (Pl.... a\lach a copy ollnsUumanl)
riJ Will [J Deed 01 "u,1 [] Other -~ ------ ~-~~ . .. .....
Name(a) ollifo Tonanl(s)
.
I Dllto of Birth j Prasonl Aoe ;
______.__.__ .__ _. .__ __ ..__ ~ (,.,~_Dre~1 Dlrl~day)~__
___.....___.H.___
Tarm of Yean Ulo Eslllle I, Payable
---.---.---- --.--------.--
Lila Linn Fescoe
11/22/26
66
Life
.~ ,
-.--.----.--..-...
__.________n______~__. _.__u_...._______..___.. -- ------- - --.-----~---
- .-.-.-- .------
______________________._______.___....___.._. .__.___ _n
I
.. .___.1_ ..'
------
____ n _.__.+~..___.__..___"__
1. Value of Fund from which Life Estate is payable ................~............................................................
25.000.00
2. Actuarial Factor per appropriate Table ...............................................................................................
Interest Table rate -
o 3 1/2 % [J 6% 1-' 10% i:-J V.,'abl. R.le
3. Value of Life Estate (Una X Una 2)
__~ _ 0.592670
7.60 %
_u~______~_
,
Name(.) of L1fa Ten8nl(s) l Oato of Dirth : Presenl Ago l
____ _ _________________ ~______._ _ ~(~..!.~.r.!!!...Blrthc:t~y).:...... .. _ ___________
i
i ! j r~-_-_~ life or r-'] Term 01 years _.
._~.________.~ ____ ~__._ ________l__~_m___._.___________~.~; ----
I I
! I ~ Lite or [~J Term of years
Term of YeDr. Lile Estale Is Payable
--_._------------~--_.__.._-
,
'_~jUfeor'
; Term of years
.-------
----- '--'---'-'.'
, i
___________j____ ___ ___.._n____.._..~ .--..---- ..- -.-..~-.---
- -_.- -..--.--------
l r _ > ufe Of I ,: Term 01 years
---.-------
._-------~_.
...----.- - -.-----.--.----.----.
~: ~~~~~~!:~~~ ~~~~u~tiJ\~~~k:~ \SJJtJt~~kly...LjMo.n.iti.ly........... ................... .........
o Quarterly ~J Semi-Annually l= Annually ~J Other --~ -~--
__ O.o()_
0.00
3. Amount of payout per period .............................................................................................................
_~__ 0.000000
~--~Q.
u_______~
4. Annual payment ...................... ............. .., .............. ....................... ............... ........ ......... ................ ......
5. Annuity Factor (see instructions) .......................................................................................
Interest Table rate -
o 31/2% ~ 6% C'_=: 10% ~j V.'iable Rate
%
0.00
u~_u__~_Q}lQ.
6. Adjustment Factor (see instrutions) ........................................................................... .....................
7. Value of Annuity - If using 31/2%.6%. 10% or if varible rate and period payout IS at end
of period calculation is: Line 4 X line 5 X Line 6 ............................................ ................
If using varible rate and period payout is at beginning of period. calculation is:
(Une 4 x Line 5 x Line 6) + Line 3.
Nole: The values 01 the funds which creale the above future interests must be reported as part of the Estate Assets. line 1 lhrough
Line 7. The Resulting life/Annuity Interests(s) should be reported at the appropriate tax rate on lines 12. 15. and 16 as required.
BUREAU OF INDIVIDUAL TAXES
INHERITAHCE fAX DIVISION
D[PT. :80601
HARRISBURC, PA 171:a.0601
FINANCIAL TRUST SVCS CO
FARMERS TRUST COMPANY
PO BOX 220
CARLISLE PA 17013
.
-. .,. ..... ,~
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
NOTICE OF INNERITANCE TAX
APPRAISEMENT, ALLOWANCE OR DISALLOWANCE
OF DEDUCTIONS AND ASSESSMENT OF TAX
DATE
ESTATE OF
DATE OF DEATH
FILE NUMBER
COUNTY
ACN
..
'*
'1'01"'''''' 111."1
08-11-97
LOY
05-24-96
21 96-0463
CUMBERLAND
101
MARY
Aaount Relit! tt.d
/ S"? . /6
MAKE CHECK PAYABLE AND REMIT PAYMENT
REGISTER OF WILLS
CUMBERLAND CO COURT HOUSE
CARLISLE, PA 17013
TO:
- . ....... ------... -
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COMMONWEALTH OF PENNSVLVANIA
DEPARTMENT OF REVENUE
BUREAU OF INDIVIDUAL TAXES
lNtllAl lAHC[ fAX OIVISION
D(Pt. :SObOI
IIAPA1Sr.UAG. PA II1O'S-0bCI
NOTICE OF INIlERITANCE TAX
APPRAISEMENT, ALLOWANCE OR DISALLOWANCE
OF DEDUCTIONS AND ASSESSMENT OF TAX
FINANCIAL TRUST SVCS CO
FARMERS TRUST COMPANY
PO BOX 220
CARLISLE PA 17013
DATE
ESTATE OF
DATE OF DEATH
FILE NUMBER
COUNTY
ACN
c
OB-\1-97
LOV
05-24-96
21 96-0463
CUMBERLAND
101
(.1. ?l
~.. ~ 'li1
: -."" 'f'..
(~}~(l~~'
"1ot)~L.~
II. ,h' It ,It 1:1.'"
MARV
L
; AMounT-R;;;iTI-;ct-1
f---~~""'-~--'~"='~=
, I
1
MAKE CHECK PAVABLE AND REMIT PAVMENT TO:
REGISTER OF WILLS
CUMBERLAND CD COURT HOUSE
CARLISLE. PA 17013
CUT ALONG THIS LINE ~ RETAIN LOWER PORTION FOR YOUR RECORDS ~
ii'iV:iS4j-EX-"FP-[O;F97T"NoYicE--ciP-YNHEiiiTANcE-YAiniPPRAisEHENr-;-"Li.-ciwANCE-OJi-----------------
DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX
MARV L FILE NO. 21 96-0463 ACN 101
If an assessment was issued previously, lines 14, 15 and/or 1&, 17 and 18 will
reflect figures that include the total of ALL returns assessed to date.
ASSESSMENT OF TAX:
15. A~ount of Line 14 at Spousal rat. (15)
lb. A.aunt of Line 14 t.~.bl. at Lin..I/Class A rat. 11&)
17. Anaunt of LIne 14 taxabl. at Collateral/Class 8 rat. (17)
18. Principal Tax Dua
TAX CREDITS:
PAYMENT
DATE
02-24-97
ESTATE OF
LOV
TAX RETURN WAS:
l ACCEPTED AS FILED
RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE
APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN
1. R..I Estat. (Schedule AI ell
2. stocks and Bonds (Schedule 81 121
3. Closely Hald stock/Partnership Interest (Schedule Cl (3)
4. Hortgages/Notes Receivable (Schedule 0) (4)
5. Cash/Bank Deposits/Hisc. Personal Property (Schedule EJ 15)
fl. Jointly Owned Property ISchedule F) 1&)
7. Transfers (Schedule G) (7)
8. Total Assets
APPROVED DEDUCTIONS AND EXEMPTIONS:
,. Funeral Expenses/Adm. Costs/Hisc. Expenses ISchedule H) (q)
10. Debts/Hortga;e Liabilities/liens (Schedule 1) (10)
11. Total Deductions
12. Net Value of rax Return
13. Ch.ritable/GoYern~ent.1 Bequests (Schedule J)
14. Net Value of est.te Subject to Tax
NOTE:
RECEIPT
NUMBER
AA185194
DISCOUNT 1'1
INTEREST/PEN PAID I-I
.00
I X I CIlANGED
SEE
.00
291.498.96
.00
.00
85.413.57
1.008.40
.00
181
35.443.94
3.384.81
1111
1121
1l3l
1l4l
.00 X .00=
.00 X .06=
15.830.15 X .15=
118)
AMOUNT PAID
2.223.26
INTEREST IS CHARGED THRDUGH OB-26-97
AT THE RATES APPLICABLE AS OUTLINED DN THE
REVERSE SIDE OF THIS FORM
TOTAL TAX CREDIT
BALANCE OF TAX DUE
INTEREST AND PEN.
TOTAL DUE
DATE
ATTACHED
08-11-97
NOTICE
NOTE: To insure proper
credit to your account,
subnit the upper portion
of this forn with your
tax paynent.
377,920.93
38.8'8 75
339.092.18
324.270.44
14.821.74
.00
.00
2.374.52
2.374.52
2.223.26
151. 26
6.84
15B. 10
, IF PAID AFTER DATE INDICATED. SEE REVERSE
lOR CALCULATION OF ADDITIONAL INTEREST.
IF TOTAL DUE IS LESS TIlAN $1. NO PAYMENT IS REQUIRED.
IF TOTAL DUE IS REFLECTED AS A "CREDIT" ICR l. YOU MAY BE DUE
A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.)
". .
RESERV.lI0N, E...I.' of ......n', .,In. on 0' b.'D'. O....b.' 11. 1'" -. If nny fu'u'. In..,..1 In .h. ...... I. I,.n.'."..
In .D.....IDn 0' .njDy..nl 10 tl." . (..11...,.1' b.n.'lcln,I.. of ,h. ..c...nl ...., .h. .,.I,.IIDn D' .n, ...... ..,
Ilf.D' f.' y..'" ,h. tD..Dnw..llh h.,.b, .,.r...l, ,...,... .h. ,I.hl '0 n..,.I.. .n. ...... .,.n.'.' Inh.,I..n.. 1.'.'
at the 1.~ful Cl." B (calla'lral) rat. on any luch future Int.rl,t.
pURPOSE or
HOflCE:
1. fulfill .h. ,..ul,...nts D' S.c. Ion noD of Ih. Inh."lonc. nn. E.'.'. 10' Acl. Ac' 11 of I.... l1Z ..S.
s.eUo" lJlItD).
O....h Ih. 100 .D,IIDn of Ihl. NDllc. .n. ..b.l. wl'h your ..,..n' '0 .h. R..I.I.r of 0111. .,In'.. on Ih. r...". .1...
.~Hak. ehlck or ..onay order pl!Iyabll tot REGISTER OF MILLS J AGENT
PAVHEHT I
. r.fun. of . I.' cr..II. which w.. no' ,..u..... on .h. ,., R,'u,n. .., b. r..u..". b, cD..l.lln. .n "'..llc..IDn
'Dr R.fun. of ..nn.yl..nl. Inh.rl'onc. .n. E...I. 1.'" 'REV-ISIS'. '..llc.IIDn. .r. ...ll.bl. .1 .h.Of.lc.
of .h. R..I...r of will.. nnyof Ih. lS R...nu' Ol..rlcl Of'lc.', Dr by c.llln. Ih' ...cl.l ,'-hour
.n.w.rln. ..r.I" nu.b.r. for fo'.' D,..rln.' In .....,I..nID I....-S.,-,.... Du..I.. ..nn.yl..nln .n.
wlthln loclIl Harrbburg ar" (711) 767.6094, TOO' 11171 71Z.ZZSZ (ltlllrln; tlpalred OnlY).
REFUND etA):
OBJECtIONSt
'ny ..rIY In In..r.'1 nDI ..II.fl.. wl'h .h. ...,.I....nl. .IIDW.n.. Dr .1..IIDw.nc. of ...U..IDn.. Dr ........n.
of I.' Clnclu.ln. .1.cDunl or Inl.r.." .. .hDwn D. ,hl. ND'lc. nu.1 Dbj.cl wllhln .1,ly c'" ..y. D' r.c.I.' of
thil Notlu by:
OR
--wrll..n .rD...1 10 ,h. .. O...,I..nl of R...nu.. 'D.r. of A....I.. 0.... ,.1.,1. H.rrl.bur.. P'
--.I.c.IDn 10 h... Ih. ..II.r .'I.r.ln.. .. .u.I' D' .h. .c'Dun' D' Ih. ..r.Dn.1 r..r...n'.II'.,
...PPI.l to the Orphans' Court.
11126-1021,
OR
ADHIH
lSTRAtlVE
CORRECTIONS:
f.clu.l .rrDr' .1,cD,.r.. on ,hl. ........n. .hDUl. b. ...r..... In wrllln. 10' P' o...r...nl of R.,.nu..
'ur." D' In.I.I.u.l 1.'.', '11N, .0.1 ........nl R.,I.w unll. 0..1. ,....1. H.rrl.bur...' 171,.....1
Phon. C7171 7.7-..... S.. .... S of Ih. bDDkl.1 "In.lrucIIDn. 'Dr Inh.rll.nc. 1.' R.lurn for. R..I..nl
Olcldlnt" CAEV-ISOl) for an I.planatlon of adllnlstratlvllY corrlctabl' .,rorl.
DlSCQUNT1
If on, I.. duo I. p.l. wllhln Ihr.. CSI c.l.nd.r sonlh' .fl.r Ih. ..c...nl" ...Ih. . fl.. p.rc.nl CS~I .I..ounl of
the tax paid I. allowed.
PENALlV:
lh. I'~ I.' .on..ly nDn...rll.I..IIDn ..n.l'y I. CD.pul.. on Ih. 101.1 of .h. I.' .n. In..r..1 ......... on. nDI
..1. b.fDr. J.nu.ry I.. I.... Ih. flr.1 .., ....r ,h. .nd of Ih. I.' ..n..ly ..rID.. lhl. nDn-p.rllcl..IIDn
..n.I'y I. .....l.bl. In ,h. .... .....r .n. In Ih. .h. .... II.. ..rID. .. you WDU'. .....1 Ih. ..' .n. Inl.,..1
that ha. b..n alll.S.d a. Indicated on lh11 notlc..
INTEREST I
Inl.r..1 I. ch.r... b..lnnln. wl'h flr.1 ..y of ..llnquoncy. Dr nln. C" .Dnlh. .n. on. CII ..y fro. .h. ..1. of
...,h. 10 Ih. ..1. of p.y..nl. 1.'.' which b.c... ..llnqu.nl b.fDr. J.nu.ry I. 1'.' b..r Inl.r..1 .1 Ih. r.l. of
.1. "~' ..rc.nl ..r .nnu. c.lcul.... .1 . ..Ily r.l. of ....1... .11 I.'.' which b.c... ..llnqu.nl on on. .f,.r
J.nu.ry I. 1'.' will b..r In..r..1 .1 . r.'. which will ,.ry 'ro. c.l.nd.r y..r 10 c.l.n..r y..r wllh Ih.1 r.'.
.nnounC.. b, Ih. P' o...rl..nl of R.'.nu.. lh. ...llc.bl. In..r..1 r.'" for 1'.' IhrDu.h 1"7 .r.,
!!!! tnt.rut Allte DallY tnterest Facio" !!!! tnte,.ut Rllte DIIlIy Inte,.est FactO,.
1982 ZO~ .000~"8 lUt .~ .0002,.7
1985 16;( ,000,.58 1988.1"1 l1l .DOOSOl
19M l1l ,OOOSOl 1992 .~ .0002,.7
198~ Ul ,OOOS~6 1"5.19',. n ,OO01lJ2
1986 10iC ,00027" 1'J'J~.1IJ1J7 .~ ,OOOl'"
..tntenst Is CBlculeted .. followS:
INTEREST = BALANCE OF TAX UNPAID X NUNBER OF DAYS DELINQUENT X DAILY INTEREST FACTOR
'-'n' NoIlC. Inu'. .1I.r Ih. .., baeD." ."Inqu.nl will r.fl.ct .n In..r..1 c.lculallDn 10 'lfloon cm ..,.
b.,Dnd ,h. ..1. D' Ih. ........nl. II ..,..n' ,. .... .fl.r Ih. Inl.r..1 cD..u'.IIDn ..1. .hDwn on Ih.
Hotlce, IIddltlonal Interest .ust be clllculllted,
PROBATE
7/22197
...
REV.UTOEKI~941
. INHERITANCE TAX
EXPLANATION
OF CHANGES
COMMONVJEAlTH OF PENNSYlVANIA
DEPARTMENT OF REVENUE
BUREAU OF INDlVlDUAL TAXES
OEPt 280601
HARRISBURG PA '7128-0601
I,,~AMI: Mary Loy IFILl: 2196-0463
ACN 101
SCHEDULE ITEM EXPLANATION OF CHANGES
NO.
F 1 Asset is subject to tax at 15%.
PAGE 1
TAX EXAMINER 8111 Lyons
ROW Copy
-. " '-
,'" ~--..' -; -..,.. ., ........--..
/
COMMONWEALTH OF PENNSYlVANIA
DEPARTMENT Dr REVENUE
BUREAU OF INDIVIDUAL TAXES
OEPT 280601
HARRISBURG. PA 17128.0601
PENNSYLVANIA
INHERITANCE AND ESTATE TAX
OFFICIAL RECEIPT
~n
NO. AA211700 "[V,,,''',,,,,,
.........
-.~.......
RECEIVED FROM:
r
ACN
ASSESSMENT
CONTROL
NUMBER
AMOUNT
FINANCIAL TRUST SERVICES CO
lei
<r: SO. 10
1 WEST HIGH STREET
CARLISLE. PA 17013
ESTATE INFORMATION:
FILE NUMBER
ro..OHERE -
fOlOt+ER[
;>'1 !-"<;I,I, O'l/'.::I 56N 17', 01'..-954,3
NAME()~ DE~EDEflT (LASfi IFIRST! IMI'
~JMlV LOUI CE
Q '01 '1999
POSTMARK OA?E
COUNT? 10:3 / 1997
DATE bi4li!k\fiiRLA/lD
TOTAL AMOUNT PAID
'51~8.IO
REMA
FARMERS TRUST SERVICES CO
SUCCESSOR TO FARMERS TRUST
SEAICHECKtt NO ~JUMBER
CO
cw
- J -
RECEIVED BY //I/> /'. / ( ., :'".4'". ,';; r",_
,(' ) ',yl/,.OT:-:
;-IARY C. LitWISJ~iUi'j~'Y/'7
REGISTER OF WILLS ,
.' r", ,.,.
I'. '
---- _.--~--~. ..-- _.~. ----.- ----~ -- _._ _~._._ - u._ ... _ .
.-... -........ --. --- ~-
,
. .
,
----.
---' --~
. -.--....Jlf.~ .4- e._ 1:.
COURT OF COMMON PLEAS OF CUMBERLAND COUNTY
PENNSYLVANIA ORPHANS' COURT DIVISION
No. 2196-0463
Estate of MARY LOUISE LOY, Deceased
Late of WEST PENNSBORO Township
FIRST AND FINAL ACCOUNT OF
FINANCIAL TRUST SERVICES COMPANY
SUCCESSOR TO FARMERS TRUST COMPANY
EXECUTOR
Date of Death:
Lellers Granted:
Flrsl Complete Advertlsemenl of Grant of Lellers:
Accounl Staled 10:
May 24, 1996
July 10, 1996
August 9. 1996
September 11, 1998
SUMMARY & INDEX
Paoes
PRINCIPAL
Receipts 2 $ 380,383.99
Net Gain on Conversions 2-5 10,594.30
Adjusted Balance $ 390.978.29
Less Disbursements 6 (48,977.44)
Balance before Dlstribulions $ 342,000.85
Distribulions 10 Beneficiaries 6 (26.770.40)
Capital changes
Principal Balance Remaining $ 315,230.45
INCOME
Receipts 8-Jul $ 42,890.02
Less Disbursements 8 (2.573.40)
Balance before Distribulions $ 40,316.62
Less Distributions to Beneficiaries 8 (9.759.28)
Income Balance Remaining 30,557.34
COMBINED BALANCE REMAINING $ 345.787.79
\
r
COMPOSITION OF NET BALANCES
Principal
Cash
315,230.45
Income
Cash
$ 30,557.34
PRINCIPAL RECEIPTS
Inventorv Filed
Per Copy of Inventory Filed
$ 377,920.93
Subsequent Recelpls:
9/23/96
Dividend Reinvestment 10.132 shs.
Legg Mason Global Gov. Trusl
Short Term Capital Gain Delaware Fund
Long Term Capital Gain Delaware Fund
Short Term Capital Gain Windsor Fund
Long Term Capital Gain Windsor Fund
Internal Revenue Service, Refund 1996 Form 104
Short Term Capital Gain PA Insured Municipal
Income Trusl Mul1l41
102.10
156.14
654.10
106.64
553.04
660.00
12/30/96
1/10/97
7/6/97
9/23/97
11.04
Total Principal Receipts
2.463.06
$ 360.363.99
PRINCIPAL CONVERSIONS INTO CASH
07/16/96 10 Shs. Investors Municipal PA Trust. Series 1
Proceeds
Invenloried al
Gain Loss
2,500.30
2.491.25
07/16/96 5 Shs. PA Insured Munllncome Trust Series 36
Proceeds
Inventoried at
9.05
647.65
635.55
06/09/96 5,043.7190 Shs. Windsor Fund
Proceeds
Inventoried at
12.30
76,462.78
61.960.43
09/27/96 644.6610 Shs. Legg Mason Global Government Trust
Proceeds 6,590.66
Inventoried at 6.461.33
5,497.65
109.35
-2-
PRINCIPAL CONVERSIONS INTO CASH (continued I
Goln Loss
10/29/96 744.2770 Shs. Delaware Fund Inc.
Proceeds 15,317.22
Inventoried at 15.294.89
22.33
11/04/96 113.4294 Shs. Lucent Technologies. Inc.
Proceeds 5,462.67
Inventoried at 6.165.67
663.00
01/14/97 0.875 Shs. NCR Corp.
Proceeds 30.28
Inventorid al 30.27
0.01
02107/97 21 Shs. NCR Corp.
Proceeds 790.62
Inventoried al 726.37
64.25
02120/97 654 Shs. SSC Communicallons Inc.
Proceeds 37,129.61
Inventoried al 32,659.13
4,470.48
03/06/97 728 Shs. Sellsoulh Corp.
Proceeds 33,414.06
Inventoried al 30.121.00
3.293.08
03/28/97 496 Shs. Windsor Fund
Proceeds 8,744.48
Inventoried al 6.060.00
684.48
04/01/97 800.629 Shs. Van Kampen Merrill High Yield Fund
Proceeds 7,798.13
Inventoried at 7.646.01
152.12
04/01/97 422 Shs. Delaware Fund Inc.
Proceeds 8,710.06
Inventoried al 8.672.10
37.98
04/03/97 6 Units PA insured Municipals Income Tr MuI1l41.SRS 72
Proceeds 557.16
Inventoried at 288.54
268.62
04/03/97 4 Units Van Kampen Merrill PA Insured Income TR SRS 76
Proceeds 2,642.08
Inventoried al 2.934.39
292.31
-3-
~' \
PRINCIPAL CONVERSIONS INTO CASH (contlnuedl
Gain L2.la
04/03/97 3 Units Insured Municipals Income TR Mulll 54 Series 80
Proceeds 1,859.73
Inventoried at 1.644.81
214.92
04/04/97 21 Units Mulll.State PA Trusl Series II
Proceeds 8.687.07
Inventoried at 8,910.93
223.88
06/16/97 GNMA CMO 94.5GA 8.00% Due 1/16/23
Proceeds 385.98
Invenlorled at 377.49
8.49
10/17197 Governmenl Nallonal Mtg. CMO 8% 1/16/23
Proceeds 3,116.25
Invenloried al 3.047.69
68.56
12/17/97 Governmenl Nallonal Mtg. CMO 8% 1/16/23
Proceeds 2.519.31
Inventoried al 2.463.89
55.42
03/20/98 Govemmenl Nallonal Mtg. CMO 8% 1/16/23
Proceeds 1,978.46
Inventoried al 1.934.93
43.53
OS/22/98 350 Shs. AT&T Corp.
Proceeds 19,787.46
Inventoried al 15.105.82
4,681.64
OS/22/98 225 Shs. Balllmore Gas & Eleclric
Proceeds 6,758.21
Inventoried al 6.271.88
486.33
OS/22/98 250 Shs. Barclays Bank PLC 8%
Proceeds 6,477.91
Inventoried al 6.187.50
290.41
OS/22/98 15M par FHLM 6.50% 12/15/23
Proceeds 14,259.38
Inventoried at 12.675.00
1,584.38
OS/22/98 10M par FHLM 7% 3/15/24
Proceeds 9,725.00
Inventoried at 9.000.00
725.00
-4-
~/.; -; , r" .- .--. _.. --_.,..-:-~_ml_.~.-~'-~
PRINCIPAL CONVERSIONS INTO CASH Iconlinuedl
OS/22/98 100 Shs. Heller Financial 8.125% prd.
Proceeds
Inventoried at
Gain Loss
2.691.15
2.581.25
OS/22/98 300 Shs. RIR Nabisco Hldg. Series B
Proceeds
Inventoried at
109.90
7,492.24
7.593.75
TOTALS
101.51
$ 17,392.63 $ 6,798.33
Nel Gain On Conversions
$ 10,594.30
PRINCIPAL DISBURSEMENTS
06/06/96 Reglsler of Wills, Lellers Testamentary
Register of Wills, Filing Renunciation Form
06/12/96 Paul J. Creeden, DPM
United of PA
Readers digest, balance due
06/13/96 United of PA
06/20/96 PP&L
07/01/96 Belvedere Medical Corp.
Credit Card Balance Due
07/12/96 PA Dept. of Revenue, tax due 1995 PA40
Internal Revenue Service, tax due 1995 Form 1040
07115/96 Cumberland Law Journal, advertising Lellers Testamentary
Hortman-Roth Funeral Home
Presbyterian Homes. Inc.
Belvedere Medical Corp.
Carlisle Imaging Associates
07/16/96 Internal Revenue Service, Quarterly Estimate
07/18/96 Register of Wills, Short Certificates
Dorothy M. Stonesifer, reimburse for funeral luncheon
07/23/96 Deborah W. Piper, 1996 Personal Tax
PP&L
07/25/96 Rowe's Antiques, appraisal fee
08/09/96 United of PA
08/21/96 PP&L
08/23/96 Duly's Lock & Key,Open and remove safe
06/26/96 Lois Miller, cleaning apartment
Jenny Howell. cleaning apartmenl
Julie Howell, cleaning apartmenl
08/27/96 Internal Revenue Service, tax due 1995 Form 1040
08/29/96 The Sentinel, advertising Lellers Teslamentary
08/30/96 PP&L
09/09/96 PA Depl of Revenue, final PA40 Interest and Tax
09/17/96 Un lied of PA
09/23/96 Presbyterian Homes, Inc.
10/03/96 Carlisle Memorial Service, Inc.. Marker
10/17/96 Carlisle Mailroom. shipping charges
$ 264.00
5.00
18.00
20.65
20.96
20.89
73.00
22.64
47.66
126.00
906.00
60.00
1,810.00
1,088.46
22.64
4,32
440.00
16.00
30.00
8.80
73.00
65.00
20.75
73.00
328.60
260.00
20.00
20.00
37.34
63.70
55.29
22.33
20.66
260.00
445.00
85.60
-5-
"'<..:..' '.---..".--,
PRINCIPAL DISBURSEMENTS (conllnued\
01/24/97 Second Presbyterian Church, balance 1996 pledge
02/18/97 Register of Wills, filing fen
Register of Wills, PA Inheritance Tax
04/11/97 PA Depl. of Revenue,tax due 1996 PA41
OS/2t/97 Inlernal Revenue Service, tax due 1996 Form 1040
09/03/97 Register of Wills. balance PA Inheritance Tax
12103/97 PA Depl. of Rovenue, 1996 tax due
12131/97 Financial Trust Services Company, partial executor fee
Reserved:
Frey & Tiley, attorney fee
Financial Trust Services Company
Closing and Filing Fees
$ 1,020.50
15.00
2.223.26
60.00
156.00
158.10
15.63
6,500.00
15,764.52
15,764.52
400.00
$ 46,977.44
TOTAL PRINCIPAL DISBURSEMENTS
PRINCIPAL DISTRIBUTIONS TO BENEFICIARIES
Personal Property. as appraised. to Janel Lay
07/16/96 Jolnl Checking Account 425768 Farmers Trusl Co. to Janet E. Loy
02112197 Financial Trusl Services Co. TUW FBO Lila Linn Fescoe
$ 762.00
1,006.40
25.000.00
TOTAL PRINCIPAL DISTRIBUTIONS TO BENEFICIARIES
$ 26.170.40
CAPITAL CHANGES
PA Insured MunlclDallncome Trust Mul1l41
6 Units
OS/28/96
07/25/96
11/25/96
01/27/97
6 Units
04/03/97 6 Units
o
Inventoried at
Relurn of Capital
Relurn of Capital
Return of Capllal
Return of Capital
$
4,233.18
(277.26)
(1,987.88)
(592.68)
/1.106.82\
268.54
(288.54\
Sold
$
Insured MunlclDals Income Trust Multi 54 Series 80
3 Units
OS/28/96
06/25/96
07/25/96
12/26/96
3 Units
04/03/97 3 Units
o
Inventoried at
Return 0/ Capllal
Return of Capital
Return of Capital
Return of Capital
$
2,470.17
(235.08)
(281.25)
(265.80)
/43.83\
1,644.81
/1.644.81\
Sold
$
-6-
" 'v.,,
CAPITAL CHANGES (continued)
Van KamJlen Merrill PA Insured Incolllo Trust Serios 76
4 Units
07/25/96
11/25/96
01127/97
4 Units
04/03/97 4 Units
o
Inventoried at
Return of Capital
Return of Capital
Return of Capital
$
3.941.28
(13.08)
(533.24)
1460.57)
2,934.39
2.934.39
Sold
$
Multi State PA Trust Series it
21 Unit Inventoried al
01/31/97 Return of Capital
21 Units
04/04/97 21 Unit Sold
o
$ 12.543.09
(3.632.16)
8,910.93
8.910.93
$
American Teleohone & Teleoraoh Co.
350 Sh Invenloried al
10/04/96 Spin-Off 113.4294 Shs. Lucent Technologies, Inc.
350 Shs.
01/07/97 Spin-off 21.875 Shs. NCR Corp.
350 Shs.
OS/22/98 350 Sh Sold
o
$ 22,028.13
16.165.67)
15,862.46
1756.64)
15,105.82
f15.105.82)
$
INCOME RECEIPTS
07/16/96
07/30/96
08/09/96
Dividend, Investors Municipat PA Trust Series I
Interest, Checking Accounl 425796 Farmers Trusl co.
Dividend, Vanguard Federal Portfolio
$
52.20
51.67
296.68
Dividends. American Telephone & Telegraph Co. 7-23.96 to 5.1-98
Dividends, Baltimore Gas & Electric Co.. 7-23-96 to 4.1-98
Dividends, Bell South Corp. 8-1-96 to 2-3-97
Dividends, RJR Nabisco Holdings Corp. 9-3.96 to 6.1-98
Dividends, SBC Communications. Inc. 8.1-96 to 11-1-96
Dividends, Barklays PLC Series E Pfd.; 6-11-96 to 3-3-98
Dividends. Heller Financial Inc. 8.125% 8-15-96 to 5-15-98
Dividends, Delaware Fund Inc. 7-12-9610 12-30-96
Dividends, Van Kampen Merrill High Yield Fund 7-16-96 10 3-5-97
Dividends, Windsor Fund 7-5-9610 1-10-97
Dividends. Multi-State PA Trust Series II 7-16-96 to 4.4-97
Dividends. PA Insured Munllncome Trust Series 38; 7-16-9610 7-18.96
Dividends, PA Insured Municipals Income Trusl Mulli 41 Series 72; 7-16-96 to 9-23-97
Dividends. Van Kampen Merrill PA Insured Income Trust Series 76; 7-25.96 to 4-3-97
Dividends, Insured Municipals Income Trust Multi 54 Series 80; 7-16-96 to 4..3-97
Interest, Certificates of Deposit Farmers Trust Co. 7-16-96 to 1-15-98
Interest. FHLM CMO 6.50% 12-15-23; 9-16-96 to 5-22-98
954.00
729.00
786.24
1,387.52
562.44
1,000.00
406.24
335.30
650.53
1,212.10
945.63
9.05
190.86
217.25
148.02
808.07
1,982.50
-7-
INCOME RECEIPTS lcontinuedl
Interesl, FHLM CMO 7% 3-15.24; 7.16-96 to 5.22.98
Interest, GNMA CMO 8% 1.16.23; 7.16-9610 3.20.98
Interest, Fed Fund/KeyPremler Money Market Fund 7.16.96 to 8..3.98
Interest, Temp Fund/KeyPremler Money Markel fund 7.16.96 to 8.3-98
$ 1,423.25
931.49
28,439,97
1.370.01
$ 42,890.02
TOTAL INCOME RECEIPTS
INCOME DISBURSEMENTS
Financial Trust Services Co., Income Commission
$ 2.573.40
INCOME DISTRIBUTIONS TO BENEFICIARIES
Janet E. Loy, 6-28.961012.31.96
$ 9.759.28
FINANCIAL TRUST SERVICES COMPANY
SUCCESSOR TO FARMERS TRUST COMPANY
EXECUTOR MARY LOUISE LOY
I a.l\L. -' L
Ja e F. Burke, PresldenUCEO
COMMONWEALTH OF PENNSYLVANIA:
COUNTY OF CUMBERLAND
Jane F. Burke. PresldenUCEO, Financial Trust Services Company being duly sworn, depose and say thaI the
foregoing Accounl, both as to the ilems of charge and discharge, is just and lrue to the besl of her knowledge and belief.
FINANCIAL TRUST SERVICES COMPANY
SUCCESSOR TO FARMERS TRUST COMPANY
EXECUTOR MA Y LOUISE LOY
Sworn to and Subscribed before me
this i day of August. 1998.
1-. -;t t'q...-f.
/ Notary Public
Notarial Seal
Joan L. Crowl. Notary PubliC
Carhsle Boro. Cumberland county
M'j Commission E_p;ws AprIl 23. 2001
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IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY
PENNSYLVANIA ORPHANS' COURT DIVISION
IN THE ESTATE OF MARY LOUISE LOY
LATE OF WEST PENNSBORO TOWNSHIP
SCHEDULE OF PROPOS EO DISTRIBUTION
Balance for distribution as per First and Final Account
filed September 11, 1998
Distribution
Dickinson College
Principal Cash
Income Cash
Second Presbyterian Church
Principal Cash
Income Cash
$345,787.79
$ 157,615.22
15,278.67
$172.893.89
$ 157,615.23
15.278.67
$172,893.90
$345,787.79
STATEMENT OF THE REASONS FOR THE PROPOSED DISTRIBUTION
The above dlslributlon Is proposed In accordance with the lerms of lhe Lasl Will and Testament of
Mary Louise Loy, late of Wesl Pennsboro Township, Cumberland Count. Pennsylvania.
\\.L -
Ja e F. Burke, PresldenVCEO
COMMONWEALTH OF PENNSYLVANIA
COUNTY OF CUMBERLAND
Jane F. Burke, being duly sworn according 10 law deposes and says thaI she Is PresldenVCEO
of Flnonclal Trusl Services Company,the Accountanlln lhe Eslate above named, and lhatlhe facts set forth
In the Stalement of lhe Reasons for lhe Proposed Distribution are lrue and correct.
\
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Sworn 10 and Subscribed before me
this J day of August, 1998.
() ,,""" ~ (~e.
/ Notary Public
Notanal Seal
Joan L. Crowl. Notary Public
CarllslO Bora. Cumberlal'l~1 County
M'f comm:ssion EJ:p"ns Ap1l12J. 20Ul
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COURT OF COMMON PLEAS OF CUMBERLAND COUNTY
PENNSYLVANIA ORPHANS' COURT DIVISION
No. 2196-0463
Eslate of MARY LOUISE LOY, Deceased
Late of WEST PENNSBORO Township
FIRST AND FINAL ACCOUNT OF
FINANCIAL TRUST SERVICES COMPANY
SUCCESSOR TO FARMERS TRUST COMPANY
EXECUTOR
Dale of Death:
Lellers Granled:
Firsl complete Advertisement of Grant of Lellers:
Account Stated 10:
May 24.1996
July 10, 1996
August 9, 1996
September 11, 1998
SUMMARY & INDEX
~
pRINCIPAL
Receipts 2 $ 380,383.99
Net Gain on Conversions 2-5 10,594.30
Adjusted Balance $ 390,978.29
Less Dlsbursemenls 6 (48,977 .44)
Balance before Dislribulions $ 342,000.85
Dlstribulions 10 Benellclarles 6 (26,770.40)
Capital changes
Principal Balance Remaining $ 315,230.45
INCOME
Receipts 8-Jul $ 42,890.02
Less Dlsbursemenls 8 (2.573.40)
Balance before DIslribulions $ 40,316.62
Less Dislribulions 10 Benellclarles 8 (9.759.28)
Income Balance Remaining 30,557.34
COMBINED BALANCE REMAINING $ 345.787.79
PRINCIPAL CONVERSIONS INTO CASH (continuedl
Gain Loss
10/29/96 744.2770 Shs. Delaware Fund Inc.
Proceeds 15,317.22
Inventoried at 15.294.69
22.33
11/04/96 113.4294 Shs. Lucenl Technologies, Inc.
Proceeds 5,482.67
Inventoried at 6.165.67
683.00
01114/97 0.875 Shs. NCR Corp.
Proceeds 30.26
Inventorid al 30.27
0.01
02107/97 21 Shs. NCR Corp.
Proceeds 79D.62
Invenloried at 726.37
64.25
02120/97 654 Shs. SBC communications Inc.
Proceeds 37,129.61
Invenloried at 32,659.13
4,470.48
03/06/97 728 Shs. Bellsouth corp.
Proceeds 33,414.08
Inventoried al 30.121.00
3,293.08
03/28/97 496 Shs. Windsor Fund
Proceeds 8.744.48
Inventoried at 8.060.00
684.48
04/01/97 600.629 Shs. Van Kampen Merrill High Yield Fund
Proceeds 7,798.13
Inventoried al 7 .646.01
152.12
04/01197 422 Shs. Delaware Fund Inc.
Proceeds 6,710.08
Inventoried at 6.672.10
37.98
04/03/97 6 Units PA Insured Municipals Income Tr MuI1l41-SRS 72
Proceeds 557.16
Invenloried al 288.54
268.62
04/03/97 4 Units Van Kampen Merrill PA Insured Income TR SRS 76
Proceeds 2,642.08
Inventoried at 2.934.39
292.31
-3-
PRINCIPAL CONVERSIONS INTO CASH fcontinued)
Gain l.lli
04/03/97 3 Units Insured Municipals Income TR Multi 54 Series 60
Proceeds 1,659.73
Inventoried ot 1.644.81
214.92
04/04/97 21 Units Multi-State PA Trust Series It
Proceeds 6,667.07
Invenlorled at 6.910.93
223.66
06/16/97 GNMA CMO 94.5GA 6.00% Due 1/16/23
Proceeds 365.96
Inventoried at 377.49
6.49
10/17197 Government National Mlg. CMO 6% 1/16/23
Proceeds 3,116.25
Inventoried at 3.047.69
66.56
12/17/97 Government National Mlg. CMO 6% 1/16/23
Proceeds 2.519.31
Invenlorled at 2.463.69
55.42
03/20/96 Government National Mtg. CMO 6% 1/16/23
Proceeds 1,976.46
Invenloried at 1.934.93
43.53
OS/22/96 350 Shs. AT&T Corp.
Proceeds 19,767.46
Invenloried at 15.105.62
4,681.64
OS/22/96 225 Shs. Baltimore Gas & Eleclric
Proceeds 6,756.21
Inventoried at 6.271.66
466.33
OS/22/96 250 Shs. Barclays Bank PLC 6%
Proceeds 6,477.91
Inventoried al 6.167.50
290.41
OS/22/96 15M par FHLM 6.50% 12/15/23
Proceeds 14,259.36
Invenloried at 12.675.00
1,564.36
OS/22/96 10M par FHLM 7% 3/15/24
Proceeds 9,725.00
Inventoried al 9.000.00
725.00
-4-
.,"."-
PRINCIPAL CONVERSIONS INTO CASH (continued)
Gain Loss
OS/22/98 100 Shs. Heller Financial 8.125% Pfd.
Proceeds
Inventoried at
2.691.15
2.581.25
109.90
OS/22/98 300 Shs. RIR Nabisco Hldg. Series B
Proceeds
Inventoried at
7.492.24
7.593.75
101.51
$ 17.392.63 $ 6.798.33
TOTALS
Nel Gain On Conversions
$ 10.594.30
PRINCIPAL DISBURSEMENTS
06/06/96 Register of Wills. Letters Testamentary
Register of Wills, Filing Renunciation Form
06/12196 Paul J. Creeden, DPM
United of PA
Readers digest. balance due
06/13/96 Uniled of PA
06/20/96 PP&L
07/01/96 Belvedere Medical Corp.
Credil Card Balance Due
07/12196 PA Dept. of Revenue. lax due 1995 PA40
Internal Revenue Service. lax due 1995 Form 1040
07/15/96 Cumberland Law Journal, advertising Letters Testamenlary
Hoffman-Rolh Funeral Home
Presbylerlan Homes, Inc.
Belvedere Medical Corp.
Carlisle Imaging Associates
07/16/96 Internal Revenue Service, Quarterly Estimate
07/18/96 Regisler of Wills. Short Certificates
Dorolhy M. Stonesifer. reimburse for funeral luncheon
07/23/96 Deborah W. Piper. 1996 Personal Tax
PP&L
07/25/96 Rowe's Antiques. appraisal fee
08/09/96 United of PA
OB/21/96 PP&L
08/23/96 Duty's Lock & Key,Open and remove safe
08/26/96 Lois Miller, cleaning apartment
Jenny Howell. cleaning apartmenl
Julie Howell. cleaning apartment
08/27/96 Internal Revenue Service. tax due 1995 Form 1040
08/29/96 The Sentinel. advertising Letters Testamentary
08/30/96 PP&L
09/09/96 PA Dept of Revenue. final PA40 Interest and Tax
09/17/96 Uniled of PA
09/23/96 Presbylerian Homes. Inc.
10/03/96 Carlisle Memorial Service. Inc.. Marker
10/17/96 Carlisle Mailroom. shipping charges
$ 264.00
5.00
18.00
20.65
20.96
20.89
73.00
22.84
47.68
128.00
906.00
60.00
1.810.00
1,088.46
22.84
4.32
440.00
18.00
30.00
8.80
73.00
65.00
20.75
73.00
328.60
260.00
20.00
20.00
37.34
63.70
55.29
22.33
20.66
260.00
445.00
85.60
-5-
PRINCIPAL DISBURSEMENTS (contlnuedl
01/24/97 Second Presbylerlan Church, balance 1996 pledge
02/18/97 Register or Wills, IiIlng ree
Reglsler or Wills, PA inheritance Tax
04/11/97 PA Depl. or Revenue. lax due 1996 PA41
OS/21/97 Internal Revenue Service. tax due 1996 Form 1040
09/03/97 Register or Wills, balance PA Inheritance Tax
12/03/97 PA Depl. of Revenue, 1996 tax due
12/31/97 Financial Trust Services company, partial executor ree
Reserved:
Frey & Tiley, allorney ree
Financial Trusl Services company
Closing and Filing Fees
$ 1,020.50
15.00
2,223.26
60.00
156.00
156.10
15.83
6,500.00
15.764.52
15,764.52
400.00
$ 48,971.44
TOTAL PRINCIPAL DISBURSEMENTS
PRINCIPAL DISTRIBUTIONS TO BENEFICIARIES
Personal Property. as appraised, 10 Janel Loy
07/16/96 Joinl Checking Accounl 425788 Farmers Trusl Co. to Janel E. Loy
02/12/97 Financial Trusl Services Co. TUW FBO Lila Linn Fescoe
$ 762.00
1,008.40
25.000.00
TOTAL PRINCIPAL DISTRIBUTIONS TO BENEFICIARIES
$ 26,710.40
CAPITAL CHANGES
PA Insured Munlcloallncome Trust Multi 41
$
4,233.18
(271.26)
(1,967.88)
(592.68)
11.106.82\
266.54
(288.54)
6 Unils
OS/28/96
07/25/96
11/25/96
01/27/97
6 Units
04/03/97 6 Units
o
Inventoried at
Return of Capilal
Return of Capital
Return of Capital
Return of Capital
Sold
$
Insured Munlcloals Income Trust Multi 54 Series 80
$
2,470.71
(235.08)
(281.25)
(265.80)
143.83\
1,644.81
11.644.81\
3 Units
OS/28/96
06/25/96
07/25/96
12/26/96
3 Units
04/03/97 3 Units
o
Inventoried al
Return of Capital
Return of Capital
Return of Capital
Return or Capital
Sold
$
-6-
INCOME RECEIPTS lcontlnuedl
Interest, FHLM CMO 7% 3.15.24; 7-16-96 to 5-22.96
Interest. GNMA CMO 6% 1.16.23; 7.16-96 to 3.20-96
Interesl, Fed Fund/KeyPremler Money Market Fund 7.16-96 to 6.3-96
Interest. Temp Fund/KeyPremier Money Market fund 7.16.96 to 6-3-96
S 1,423.25
931.49
26,439.97
1.370.01
S 42.690.02
TOTAL INCOME RECEIPTS
INCOME DISBURSEMENTS
Financial Trust Services Co., Income Commission
$ 2,573.40
INCOME DISTRIBUTIONS TO BENEFICIARIES
Janet E. Loy. 6-26.96 to 12-31.96
$ 9.759.26
FINANCIAL TRUST SERVICES COMPANY
SUCCESSOR TO FARMERS TRUST COMPANY
EXECUTOR MARY LOUISE LOY
COMMONWEALTH OF PENNSYLVANIA:
COUNTY OF CUMBERLAND
Jane F. Burke. President/CEO, Financial Trust Services Company being duly sworn. depose and say thai the
foregoing Account. bolh as 10 the ilerns of charge and discharge. Is jusl and true 10 the best of her knowledge and belief.
FINANCIAL TRUST SERVICES COMPANY
SUCCESSOR TO FARMERS TRUST COMPANY
EXECUTOR MARY LOUISE LOY
Sworn to and Subscribed before me
this 7 day of August. 1996.
d~ ./ &...-e:
/ Notary Public
Notarial Seal
Joan I. Crowl, Nolary Public
Carlislu BOfD. Cumberland Counlv
MV COmnlr5Sl0n EkplrBS AprIl 23, 2001
-8-
IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY
PENNSYLVANIA ORPHANS' COURT DIVISION
IN THE ESTATE OF MARY LOUISE LOY
LATE OF WEST PENNSBORO TOWNSHIP
SCHEDULE OF PROPOSED DISTRIBUTION
Balance for distribution as per First and Final Account
filed September 11, 1998
$345.787.79
Distribution
Dickinson College
Principal Cash
Income Cash
Second Presbyterian Church
Principal Cash
Income Cash
$ 157,615.22
15.278.67
$ 172,893.89
$ 157,615.23
15.278.67
$172,893.90
$345,787.79
STATEMENT OF THE REASONS FOR THE PROPOSED DISTRIBUTION
The above distribullon is proposed in accordance with the lerms of the Lasl Will and Testament of
Mary Louise Loy. late of Wesl pennsboro Township. Cumberland County Pennsylvania.
- - 1
Janel . Burke, PresidenVCEO
COMMONWEALTH OF PENNSYLVANIA
COUNTY OF CUMBERLAND
Jane F. Burke, being duly sworn according to law deposes and says thaI she is President/CEO
of Financial Trust Services Company, lhe Accountant in lhe Eslate above named, and that the facts set forth
In lhe Statemenl of the Reasons for the Proposed Distribullon are true and correct.
Sworn to and Subscribed before me
this J day of August, 1998.
~~ ;z(. ~-
/ otary Public
Notarial Seal
Joan L Crowl, Notary Public
Carllsltl Boro. Cumborland Caunl.,
My CommISSion Expires April 23. 2001
-9-
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BUREAU OF INDIVIDUAL TAKES
INtIERnANCE TAil. DIVISION
DEPt. za0601
IIARRIS8URC, PA Hlza-ObOI
FINANCIAL TRUST SVCS CO
FARMERS TRUST COMPANV
PO BOX 220
CARLISLE PA 17013
COMHONWEALTH OF PENNSVLVANIA
DEPARTHENT OF REVENUE
INHERITANCE TAX
STATEMENT OF ACCOUNT
(l/~
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In.'''' II iI' tn.tll
DATE
ESTATE OF
DATE OF DEATH
FILE NUMBER
COUNTY
ACN
09-29-97
LOV
05-24-96
21 96-0463
CUMBERLAND
101
MARV
L
AI'ount R...Uted
HAKE CHECK PAYABLE AND REMIT PAYMENT TOl
REGISTER OF WILLS
CUMBERLAND CO COURT HOUSE
CARLISLE. PA 17013
NDTE. To insur. prop.r cr.dit to your .ccount. sub.it tho upp.r portion of this for. with your t.. p.y..nt,
CUT ALONG THIS LINE ~ RETAIN LOWER PORTION FOR YOUR RECORDS ~
iiEV:i60;-EX-"Fi;-(0'3:97Y-.----..ii-iNifERiTANCE-;:iiini:iifEHEIi'rOF-iicciiuii'f--iiJi.--uu----.-----..---
ESTATE OF LOV MARV L FILE NO.21 96-0463 ACN 101 DATE 09-29-97
THIS STATEMENT IS PROVIDED TO ADVISE OF THE CURRENT STATUS OF THE STATED ACN IN THE NAMED ESTATE, SHOWN BELOW
IS A SUMMARY OF THE PRINCIPAL TAX DUE. APPLICATION OF ALL PAYMENTS, THE CURRENT BALANCE, AND. IF APPLICABLE.
A PROJECTED INTEREST FIGURE.
DATE OF LAST ASSESSMENT OR RECORD ADJUSTMENT: 08-04-97
2.374.52
PRINCIPAL TAX DUE: ..,,'-'
~.....,--_.-_..-_.,--._._._-_.~--._----
..______m..n.u__ ..--.....-..-..---
PAVMENTS (TAX CREDITS):
PAVMENT
DATE
02-24-97
09-03-97
RECEIPT
NUMBER
AA185194
AA211700
DISCOUNT (+)
INTEREST/PEN PAID (-)
.00
6.84-
AMOUNT PAID
2.223.26
158.10
TOTAL TAX CREDIT
BALANCE OF TAX DUE
INTEREST AND PEN.
2,374.52
.00
TOTAL DUE
.30
.30
. IF PAID AFTER THIS DATE. SEE REVERSE
SIDE FOR CALCULATION OF ADDITIONAL INTEREST.
I IF TOTAL DUE IS LESS THAN tl,
NO PAYMENT IS REQUIRED.
IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CRI,
YOU MAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS. I
I
I
i
I
PAYMENT:
D"'ch 'h. '0' 'O"lon 0' 'hl. HO'lc. and 'ub.l. .I'h .ou. .....n. .... ....bl. '0 .h. n... and .......
pr Jnt.d on the r.....r.. sid..
" .ESIDEHT DECEDEHT .... ch'ck o. .on.. 0'." ....bl. '0' REGISTER OF WILLS, AGENT.
If HOH-RESIDEHT DECEDEHT .... chock o. _.. 0'." ...obl. '0' COMMONWEALTH OF PENNSYLVANIA.
.EFLOfD CCRII · ..,.... 0' . ... c...It. ""ICh ... no' .._.... on 'h. T.. .,'u.n. ... b. ..qu..... b. co..hlln. ..
....Ilc.ll.. for ."und 0' '.nnl>l...I. Inh..ltanc. _ E..... T... C.EV-UUI. ...Ilc'llon. or. .'.Uobl. .1
'h. D'flc. 0' .h. .'.1.... 0' WIll.. on. 0' .h. '3 ....nu. DI...lc. D"lc.. o. '.0. 'ho D.......n... '4-hou.
......In. '"ulc. "'b.r. '0' '0... o'...lng, In 'enn..I...I. 1-"'-3"-"5', ou..I.. "nn..1...I.
and .llhln IOC.1 H..rl.bu.. .... C7171 7'7-',,,, TDD. (7171 77'-"5' CH...lng 1...1... onl.,.
RE'LY TO. Du'.'lon. ".".In. "'0.. con'.ln.. on 'hl. no'lc. 'houI. b. ......... '0: P. D.......n. 0' ....nu.. Bu..ou
0' In.luldu.1 ro.... 'TTH, '0.1 ........nl ...... Unit, D.... za'''I. "...lobu..... 171..-'.,1........
(717) 717-6505.
DISCOUNT:
If on. ... .u. I. ..1. .I.hln 'h... C31 c'l.no.. .on'h. .'... 'h. .,c'..n.'. ...th. . fl.. "'c.n. C5~1 .I.coun.
of the ta. paid J. allowed.
PEHALTVr
Th. 15~ ... .....1. non-...llcl,'.lon ..n.I', I. co'ou". on 'h. 'ot.1 0' .h. ... ... In'.r.'1 ......... and nol
..1. b.,o.. J..u... 1.. I.... 'h. '1... ... .".r 'h. ... of .h. ... '"'''' ...10..
INTERESTf
In...... Is ch..... b..lnnln. .lth fl... ...0' .'Iln......... o. nl.. 191 .on'h. and on. 1I1 ... "0. 'h. _... 0'
...Ih, '0 'ho .... 0' ........ T.... ""Ich bee... .'llnqu... b.,o.. Janu... I. I.., b... In...... .1 'ho .... 0'
.1. C'~l ...c... ... onnuo c.lcu1.... .. . ..11. .... 0' ""1'4. '11 ..... ""Ich b.c... .'llnquen. on and .,...
Janu... I. I", .111 b... In...... .1 . .... whIch .111 .... f.o. C.I.n... .... '0 C.I_.. .... .I'h .h.1 ....
Innounc.. b. 'h. .. D......... 0' ....nu.. Th. oo.llcobl. In'.r"1 ..... '0. I.., .hrOUgh 1"7 ...,
Y.ar l"hrest Rat. Oally lnt.r..t factor V..r lntaru. Rat. Dally lnt.r..t factor
- -
19112 ZO~ .000548 1987 .~ .000147
1983 In .DODO, 1'1'-1991 IU .000.SOI
1914 11;( .000301 199Z .~ .000Z41
1985 U~ .000356 1991-1994 1~ ,DaOJ9l
19.6 IO~ .000114 1995-1997 9% .000147
.-Intar..t J. calculatad a. followl,
INTEREST = BALANCE OF TAX UNPAID X NUHBER OF DAYS DELINQUENT X DAILV INTEREST FACTOR
--An. Hollc. I..ued .,... tho I.. b.c.... doll""",", 0111 "'1... on In.....1 c.lcul..lon '0 '1'.... CI51 ....
be.ond lho -... 0' 'ho ........... II ........ Is .... .".. 'ho In.....1 C_I'llon .... ....... on tho
Hotle., addltlona. Intar..t ~.t b. calCUlated.
.
.
\
COMMONWEALTH OF PENNSYLVANIA
OFFICE OF ATTORNEY GENERAL
EASTERN REGIONAL OFFICE
BY: CAROL A. RYAN
DEPUTY ATTORNEY GENERAL
IDENTIFICATION NO. 78658
21 S. 12th Street, 3rd Floor
Philadelphia, PA 19107-3603
Telephone: (215) 560-2402
IN RE
ESTATE OF @
lo~
MARY LOUIS ~ ECEASED
COURT OF COMMON PLEAS
OF CUMBERLAND COUNTY
ORPHANS' COURT DIVISION
NO. 21-96-0463
OBJECTION TO FIRST AND FINAL ACCOUNT OF EXECUTOR
TO THE HONORABLE JUDGES OF SAID COURT:
The Commonwealth of Pennsylvania, Office of Attorney
General, as parens patriae for charities. objects to the First
and Final Account of Financial Trust Services Company, Executor,
as follows:
1. The Commonwealth objects to the executor's commission
as excessive.
WHEREFORE, the Commonwealth of Pennsylvania, Office of
Attorney General, as parens patriae for charities, respectfully
requests that the Court schedule a hearing on this matter.
Respectfully submitted,
/A),tLt 'PJA'lCL CU
D. MI~HAEL FISHER
ATTORNEY GENERAL
BY:
&~a- ~~
Carol A. Ryan (/
Deputy Attorney General
1O-/3-Qg. C1t..r'0
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COMMONWEALTH OF PENNSYLVANIA
OFFICE OF ATTORNEY GENERAL
October 13, 1998
MIKE FISHER
ATTORNEY GENERAL
charitable Trusts and
Organizations Section
21 S. 12th Street, 3rd Floor
Philadelphia, PA 19107-3603
Telephone: (215) 560-2402
Fax: (215) 560-2202
Register of wills Office
One Court House Square
Room 102
Carlisle, PA 17013-3387
Attention: Vicky
Re: Estate of Mary Louise Loy, Deceased
Cumberland County
No. 21-96-0463
Dear Vicky:
I
,
Pursuant to our phone conversation, enclosed is a
corrected copy of the Objection to the First and Final Account
which was filed on october 12, 1998.
If you have any questions or concerns, please feel free to
give me a call.
Very truly yours,
'0
~~.
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Ui/{ & { {1. ~/c.y:-,--",--
Carol A. Ryan "
Deputy Attorney General
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COMMONWEALTH OF PENNSYI,VN;!A
OFFICE OF ATTORNEY GENERAL
EASTERN REGIONAL OFFICE
BY: CAROL A. RYAN
DEPUTY ATTORNEY (;ENERAL
IDENTIFICATION NO. 7fl,;r,fI
21 S. 12th Street, 3nl F1r..01
philadelphia, PA Ino7-31,()3
Telephone: (215) 5,,()-:,'1():~
IN RE
COURT OF COMMON PLEAS
OF CUMBERLAND COUNTY
ESTATE OF
ORPHANS' COURT DIVISION
MARY LOUISE HOY, DECEASED
NO. 21-96-0463
OBJECTION TO FIRST AND FINAL ACCOUNT OF EXECUTOR
TO THE HONORABLE JUDGES OF SAID COURT:
The Commonwealth of h:nnsylvania, Office of Attorney
General, as parpns p.,I'.1'l.'\'" fOI- charities, objects to the First
and Final Account at Financial Trust Sel'vices Company, Executor,
as follows:
1. The Commonwealth objects to the executor's commission
as excessive.
WHEREFORE, the coml1lonweillth of Pennsylvania, Office of
Attorney General, as pi'lrPtlf, p,'I'I'l.'\e fOl' charities, respectfully
requests that the COU1't fJcheclule a hearing on this matter.
D 6J c;:.CTIO,.! :.,
Respectfully submitted,
D. MICHAEL FISHER
ATTORNEY GENERAL
\1 L(1) 6": l>FPlU c~
^ TrY. (1 HI!: RA L
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L ((~c; C [. r -j-'jtl ^--
Cal'ol A. Ryan ,/
Deputy Attorney General
BY:
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FREY & TILEY
ATTORNEVS.AT.u\W
h f,QUTH I\I\NOVtn Htlll:n
CNUISlr.. PU4NSYLVANlA 11013
ROBERT M, FREY
OF COUNSEL
STEPHEN 0, TILEY
ROBERT G, FREY
TELEPHONE (7171243,5636
FACSIMILE (7171243,6441
Ocloher 22. 1991l
Conllllonweallh of Pennsylvania Oflke of Allnrney General
21 South 12th Slreet. Third Floor
Philadelphia. PA 19107-3603
AUn: Carol A. Ryan. DeplllY Allorney General
Re: Estate of Mary Louise Loy. Deceased
Cumherland County
21-96-0463
Dear Ms. Ryan:
This leller will eonlinl1my telephone convcrsation with you on OClOher 131h. coneeming
exceptions liIed hy you to the ahove account alleging excessive Executor fees. An error was made
by Ihe ExecUlor in liling the account hy selting forth on page 6 a reservation for Ihe total
Executor's fee of $ 15.7114.52 from which the partial payment on Decemher 31. 1997 of
$6.500.00 should have heen deducted leaving the halance due of $9.284.52.
As reviewed with you in our telephone conversation. a corrected account has heen prepared
hy the Executor and two copies liIed with the CUl11herlaml County Register of Wills. A third copy
is enclosed for your review and liIe.
If Ihis correcled accolllllllleets with your approval. it is requested that you commlll1icate to
the Honorable Kevin A. Hess that you arc sat is lied with the corrected account and withdraw the
objeclions liIed by you.
Please note Ihatlhe surname of Ihe decedent is Loy amI not Hoy.
Your thoughtful handling of this mailer is appreciated and should you require anything
addilional please advise.
Sincerely yours.
yC.J 1;.';- ,.+,
Rohert M. Frey
7>~r
RMF/kam/Enelosurc
cc: Honorable Kevin A. Hess
Cumberland County Coun House
I Court House Square
Carlisle. PA 17013-33ll7
r
REVISED
COURT OF COMMON PLEAS OF CUMBERLAND COUNTY
PENNSYLVANIA ORPHANS' COURT DIVISION
No. 2196.0463
Estate of MARY LOUISE LOY, Deceased
Late of WEST PENNSBORO Township
FIRST AND FINAL ACCOUNT OF
FINANCIAL TRUST SERVICES COMPANY
SUCCESSOR TO FARMERS TRUST COMPANY
EXECUTOR
Date of Death:
Letters Granted:
First Complete Advertisement of Grant of Letters:
Account Stated to:
May 24.1996
July 10. 1996
August 9. 1996
September 11. 1998
SUMMARY & INDEX
Paoes
PRINCIPAL
Receipts 2 $ 380.383.99
Net Gain on Conversions 2-5 10,594.30
Adjusted Balance $ 390.978,29
Less Disbursements 6 (42,417.44)
Balance before Distributions $ 348.500.85
Distributions to Beneficiaries 6 (26.770.40)
Capital changes
Principal Balance Remaining $ 321,730,45
INCOME
Receipts 7-8 $ 42.890,02
Less Disbursements 8 (2.573.40)
Balance before Distributions $ 40,316.62
Less Distributions to Beneficiaries 8 (9.759,28)
Income Balance Remaining 30.557.34
COMBINED BALANCE REMAINING $ 352.287.79
PRINCIPAL CONVERSIONS INTO CASH Icontlnuedl
Gain Loss
10/29/98 744.2770 Shs, Delaware Fund Inc,
Proceeds 15.317,22
Inventoried at 15,294,89
22.33
11/04/96 113.4294 Shs. Lucent Technologies, Inc.
Proceeds 5,462.67
Inventoried at 6,185,67
663.00
01/14/97 0.875 Shs. NCR Corp.
Proceeds 30.28
Invenlorid at 30,27
0,01
02107/97 21 Shs. NCR Corp.
Proceeds 790,62
Inventoried at 726.37
64.25
02120/97 654 Shs. SBC communlcallons Inc.
Proceeds 37,129.61
Inventoried at 32.659.13
4,470.48
03/06/97 728 Shs. Bellsouth Corp.
Proceeds 33,414.08
Inventoried at 30,121,00
3,293.08
, \ 03/28/97 496 Shs. Windsor Fund
Proceeds 8,744.4B
Inventoried at 8.060.00
684.48
04/01/97 800.629 Shs. Van Kampen Merrill High Yield Fund
Proceeds 7.798.13
Inventoried at 7.646,01
152.12
04/01/97 422 Shs. Delaware Fund Inc,
Proceeds 8,710.08
Inventoried at 8.672.10
37.9B
04/03/97 6 Unlls PA Insured Municipals Income Tr MuI1l41-SRS 72
Proceeds 557.16
Inventoried at 288,54
268.62
04/03/97 4 Unlls Van Kampen Merrill PA Insured Income TR SRS 76
Proceeds 2.642.08
Inventoried at 2,934,39
292.31
-3-
PRINCIPAL CONVERSIONS INTO CASH 'continued I
Gain J.m
04/03/97 3 Units Insurad Municipals Income TR Multi 54 SDrles 80
Proceeds 1.859,73
Inventoried at 1.644,81
214,92
04/04/97 21 Unlls Multi-State PA Trust Series II
Proceeds 8.687.07
Inventoried at 8.910.93
223,88
06/16/97 GNMA CMO 94-5GA 8.00% Due 1/16/23
Proceeds 385.98
Inventoried at 317.49
8.49
10/17197 Government Notional Mtg, CMO 8% 1/16/23
Proceeds 3.116.25
Inventoried at 3,047.69
68.58
12/17197 Government Notional Mlg. CMO 8% 1/16/23
Proceeds 2.519.31
Inventoried at 2.463,89
55.42
03/20/98 Government National Mtg. CMO 8% 1/16/23
Proceeds 1.978.46
Inventoried at 1.934,93
43.53
OS/22/98 350 Shs. AT&T Corp.
Proceeds 19.787.48
Inventoried at 15.105.82
4.681.64
OS/22/98 225 Shs. Baltimore Gas & Electric
Proceeds 6.758,21
Inventoried at 6,271,88
486.33
OS/22/98 250 Shs. Barclays Bonk PLC 8%
Proceeds 6.417.91
Inventoried at 6.187,50
290.41
OS/22/98 15M par FHLM 6.50% 12/15/23
Proceeds 14.259.38
Inventoried at 12.675,00
1.584.38
OS/22/98 10M par FHLM 7% 3/15/24
Proceeds 9,725,00
Inventoried at 9,000,00
725.00
-4-
---...-"'"-",..,.....-'..,.,.....,,""-.....-...-...~ ~,' ..-," .....~
PRINCIPAL CONVERSIONS INTO CASH Icontlnuedl
Gain Loss
OS/22/98 100 Shs. Heller Financial 8.125% Pfd,
Proceeds 2,691.15
Inventoried at 2,581 ,25
109.90
OS/22/96 300 Shs. RIR Nabisco Hldg. Series B
Proceeds 7,492,24
Inventoried at 7,593,75
101,51
TOTALS $ 17 .392.63 $ 6.798.33
Net Gain On Conversions $ 10.594,30
PRINCIPAL DISBURSEMENTS
06/06/98 Register 01 Wills. Letters Testamentary
Register 01 Wills. Filing Renunciation Fonn
06/12/96 Paul J. Creeden, DPM
United 01 PA
Readers digest. balance due
06/13/96 United of PA
06/20/96 PP&L
07/01/96 Belvedere Medical Corp.
Credit Card Balance Due
07/12/96 PA Dep\. of Revenue, tax due 1995 PA40
Internal Revenue Service. tax due 1995 Form 1040
07/15/96 Cumberland Law Journal. advertising Letters Testamentary
Hollman-Roth Funeral Home
Presbyterian Homes, Inc.
Belvedere Medical Corp.
Carlisle Imaging Associates
07/16/96 Internal Revenue Service, Quarterly Estimate
07/18/96 Register of Wills. Short Certificates
Dorothy M. Stonesifer. reimburse for funeral luncheon
07/23/96 Deborah W. Piper. 1996 Personal Tax
PP&L
07/25/96 Rowe's Antiques, appraisal fee
08/09/96 United of PA
08/21/96 PP&L
08/23/96 Duty's Lock & Key.Open and remove sale
08/26/96 Lois Miller, cleaning apartment
Jenny Howell, cleaning apartment
Julie Howell, cleaning apartment
08/27/96 Internal Revenue Service. tax due 1995 Form 1040
08/29/96 The Sentinel, advertising Letters Testamentary
08/30/96 PP&L
09/09/96 PA Dept of Revenue. final PA40 Interest and Tax
09/17196 United of PA
09/23/96 Presbyterian Homes. Inc,
10/03/96 Carlisle Memorial Service. Inc., Marker
10/17/96 Carlisle Mailroom, shipping charges
$ 264.00
5.00
18.00
20.65
20.98
20.89
73.00
22.84
47.68
128.00
906.00
60.00
1.810.00
1.088.46
22.84
4.32
440.00
18.00
30.00
8.80
73.00
65.00
20.75
73.00
328.60
260.00
20.00
20.00
37.34
63.70
55.29
22.33
20.66
260.00
445.00
85,60
-5-
pRINCIPAL DISBURSEMENTS Icontlnuolll
$ 1.020.50
15,00
2,223.26
60.00
156.00
158.10
15.83
6.500.00
15,784.52
9.284.52
400.00
$ 42.477.44
01/24/97 Second PrDsbyterlnll Church, IIIIIIIIICII 1000 pllIIllIlI
02/18/97 Reglsler of Wills. 11I1110 feo
Register ef Wills. PA IlIlIorllllllco TIIK
04/11/97 PA Dept. 01 RevenuD. lox dUll 1000 PMt
OS/21/97 Internal Revenue Service, IIIX duo 1000 f'1II1l11040
09/03/97 Register of Wills, bolllnce PA IlIhorllllllCO TIIK
12/03/97 PA Dept. of RDVDIIUO, 1000 IIIX duo
12/31/97 Financial Trust SDrvlces CompllllY, plIIUllloKoculnr foe
Reserved:
Frey & TIIDY. II110mey fOD
Financial Trusl Sorvlces Comp"IlY
Closing and Flllno Feos
TOTAL PRINCIPAL DISBURSEMENTS
pRINCIPAL DISTRIBUTIONS TO BENEFICIARIES
$ 762.00
1,008.40
25.000.00
Personal Property. as appraised. 10 JOliet Loy
07/16/96 Joint Checking Account 425788 Farmers Trusl Co, 10 Janet E, Loy
02/12/97 Financial Trust Services CO, TUW FBO Lila Linn Fescoe
$ 26.710.40
TOTAL PRINCIPAL DISTRIBUTIONS TO BENEFICIARIES
CAPITAL CHANGES
PA Insured MunlcloallncomD Trust Multi 41
$
4.233.18
(277.26)
(1,967.88)
(592.68)
fl.l06,821
288.54
(288.54)
6 Units
OS/28/96
07/25/98
11/25/96
01/27/97
6Ulllts
04/03/97 8 Units
o
InventorlDd at
Relurn of Copllnl
Return 01 Capital
Return of Capllnl
Rehlm 01 Capllal
Sold
$
Insured MUlllclllals 111ItllllIo Tru5t Multi 54 Series eO
$
2,470.77
(235.08)
(281.25)
(265.80)
f43.831
1.644.81
fl.644,811
3 UlIlIs
OS/28/90
08/25190
07/25/00
12/26/06
3 Units
04103/07 a...UJlllD
o
Invonlllflod III
Rolllln of Cnpltol
Ruhlln of Coplllll
Roturn of cnplllll
RlIlnr n of ClIpltal
Bohl
$
-6-
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INCOME RECEIPTS Icontlnuedl
IIIIOIOM, FHLM CMO 7% 3.15.24; 7.16.96 to 5.22.98
11I1000sl, GNMA CMO 8% 1.16.23; 7.16.9610 3.20.96
11I1",osl, Fod FllndlKoyProll1lor MOlloy Markot Fund 7.16.96 to 6.3.98
IlIlorosl, TOll1fl FUlldlKoYPloll1lor MOlloy Markel lund 7.16.96 to 6.3.9B
TOTAL INCOME RECEIPTS
INCOME DISBURSEMENTS
F11IAllc11l1 Trllsl Services Co., IlIcome Commission
INCOME DISTRIBUTIONS TO BENEFICIARIES
JallDI E. Loy. 6.28.96 10 12.31.96
$ 1,423,25
931.49
26,439.97
1,370,01
$ 42,890.02
$ 2.573.40
$ 9.759.28
FINANCIAL TRUST SERVICES COMPANY
SUCCESSOR TO FARMERS TRUST COMPANY
EXECUTOR MARY LOUISE LOY
r iLk' 1.0t'~
J e F. Burke, PresldenUCEO
COMMONWEALTH OF PENNSYLVANIA:
COUNTY OF CUMBERLAND
Jane F, BurkD, President/CEO, Financial Trust Services Company being duly sworn. depose and say that the
loregolng Account. both AS to the Items 01 charge and discharge. Is just and true to the best of her knowledge and belief.
i;
,
FINANCIAL TRUST SERVICES COMPANY
SUCCESSOR TO FARMERS TRUST COMPANY
EXECUTOR M RY LOUISE LOY
Jan F. Burke. PresldenUCEO
Sworn 10 And Subscribed bDfore me
Ihls 1..() day 01 October, 1998,
.iakJ ~. (it! ~ lJV
Nola~
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-8-
REVISED
IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY
PENNSYLVANIA ORPHANS' COURT DIVISION
IN THE ESTATE OF MARY LOUISE LOY
LATE OF WEST PENNSBORO TOWNSHIP
SCHEDULE OF PROPOSED DISTRIBUTION
Balance for distribution as per First and Final Account
filed September 11. 1998
Distribution
Dickinson College
Principal Cash
Income Cash
$352.287.79
$ 160,865.22
15.278.67
$176.143.89
$ 160.865.23
15,278.67
$176.143.90
$352.287.79
Second Presbyterian Church
Principal Cash
Income Cash
STATEMENT OF THE REASONS FOR THE PROPOSED DISTRIBUTION
The above distribution is proposed In accordance with the terms of the Last Will and Testament of
M'. L",~ "'y, "" ofW"" p,"".~ T~,hlp, C"~~7 ~'"".
Ja~ F. Burl< . PresldenllCEO
COMMONWEALTH OF PENNSYLVANIA
COUNTY OF CUMBERLAND
Jane F. Burke, being duly sworn according to law deposes and says that she is PresldenllCEO
of Financial Trust Services Company. the Accountant In the Estate above named. and that the facts set forth
In the Statement of the Reasons for the Proposed Distribution are true and correct.
\L ~.! JL
Jane . Burke. PresidenllCEO
SWllrn to and $:Jbscribed before me
this 'Z.() day of October. 1998.
. .
JI\A~K ' ( \fi~,1L
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NOI,,'i.l!S'HI I
S:llilh fI J.ip',:') ~1'),I;'I"'!' ,:,:
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My ('(lr.r"t~.~l;::n ern ''!~. J..~I' t . ~
M!!mucr. Pt',.n.iylVJI1'd '\i:;.:\;t,Jlt=>n ...'! '.;:':.1- :.J:J
-9-
IN RE: ESTATE OF
IN TIlE COURT OF COMMON PLEAS OF
CUMBERLAND COUNTY, PENNSYL VANIA
MARY LOUISE LOY.
DECEASED
ORPIIANS' COURT mVISION
NO. 21-lJ6.()463
ORDER
AND NOW. this
't '" day of November, 1998. the objections filed to the
captioncd account having bcen withdrawn. the Revised First and Final Account of Financial
Trust Services Company, Sllccessor to Farmers Trust Company, Executor, is herewith
CONFIRMED.
BY THE COURT,
Robert M. Frey. Esquire
For the Executor
1\' 1-, . /1 J-L
KevinA Hess, J. '
./
Carol A. Ryan. Esquire
Deputy Attorney General
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COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
IY
BUREAU or INDIVIDUAL TAKES
UUNIUHCI JAil blVI~lIlH
bU';' 111'''01
ttAkWISftUNU. ItA 1111"-0,.01
NOTICE or INIIERITANCE TAK
APPRAISEMENT, ALLOWANCE OR DISALLOWANCE
or DEDUCTIONS AND A5SESSHEHT or TAX
J STEPHEN FEINOUR ESQ
NAUMAN ETAL
PO BOX 840
HBG PA 17108
DATE
ESTATE OF
DATE OF DEATH
FILE NUMBER
COUNTY
ACN
04-26-1999
BUTLER
03-03-1995
21 95-0217
CUMBERLAND
501
1-
A.aunt H..Uted
'*
tl'.lh'II ". u..'"
ELIZABETH A
MAKE CHECK PAYABLE AND REMIT PAYMENT TO:
REGISTER OF WILLS
CUMBERLAND CO COURT HOUSE
CARLISLE, PA 17013
CUT ALONG THIS LINE ~ RETAIN LOWER PORTION FOR YOUR RECORDS ~
ifiY:is4j-EX-AFP-COij:97Y-NOTicE--O'F"YriHERii'Aii'CE-TAiD"ppiiiiisEHENT;-ALLoWA"NCE-OR'-----u---..-----
DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX
ESTATE OF BUTLER ELI2ABETH A FILE NO. 21 95-0217 ACN 501 DATE 04-26-1999
TAX RETURN WAS: I I ACCEPTED AS FILED
( XI CHANGED SEE ATTACHED NOnCE
RESERVATION CONCERNING FUTURE INTEREST .. SEE REVERSE
APPRAISED VALUE OF RETURN BASED ON: LITIGATION RETURN
1. R..I Est.t. (Schedul. AI III
2. stocks end Bonds (Schedule BJ (2)
3. Closely Held stock/Partnership Interest (Schedule C) (3)
4. Hortg.ges/Hotes Receivable (Schedule D) (4)
5. CashlBank Deposits/Hisc. Personal Property (Schedule E) IS)
6. JointlY Owned Property (Schedule fl (6)
7. Transfers (Schedule G) (7)
8. Total Assets
.00
.00
.00
.00
25.000.00
.00
.00
(81
APPROVED DEDUCTIONS AND EXEMPTIONS:
9,144.02
.00
(Ill
U21
U31
U41
(91
UD'
9. Funeral Expanses/Adn. Costs/Hisc. Expense, (Schedule H)
10. Oebts/Hortgage Liabilities/Liens (Schedule Il
11. Total Deductions
12. Hat Value of Tax Return
13. Charitable/Governmental Bequests; Non-elected 9113 Trusts
14. Het Value of Estate Subject to Tax
ISchedule J)
If an assessment was issued previously, lines 14, 15 and/or 16, 17
reflect figures that include the total of ~ returns assessed to
ASSESSMENT OF TAX:
15. A~ount of Line 14 at Spousal rate 115)
16. A~ount of Line 14 taxable at Lineal/Class A rate 11b)
17. Amount of Line 14 taxable at Collateral/Class B rate 117)
18. Principal Tax Due
NOTE:
.00 X .00=
15,855.98 X .06=
.00 X .15=
(181
TAX CREDITS:
PAYMENT
DATE
01-21-1999
DISCOUNT (+1
INTEREST/PEN PAID (-I
.00
AMOUNT PAID
RECEIPT
NUMBER
AA324529
951.36
BALANCE OF UNPAID INTEREST/PENALTV AS OF 01-22-1999 TOTAL TAX CREDIT
BALANCE OF TAX DUE
INTEREST AND PEN.
TOTAL DUE
HOTE: To insure proper
credit to your account,
sub~it the upper portion
of this forn with your
tax p8y~.nt.
25,000.00
q .144 02
15,855.98
.00
15,855.98
and 18 will
date.
.00
951.36
.00
951. 36
951.36
.00
6.19
6.19
. IF PAID AFTER DATE INDICATED, SEE REVERSE
FOR CALCULATION OF ADDITIONAL INTEREST.
( IF TOTAL DUE IS LESS THAN $1, ND PAYMENf IS REQUIRED.
IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CRI, YOU MAY BE DUE
A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS. I
R[SERVATIOH~ [.t.t.. of decadent. dying on or befora Daco.b.r IZ, 198Z -~ If any futura Int.r..t In the ..tat. I. tran.f.rrad
In po.....lon or .nJoyaent to Cia.. e Ccollat.rall beneflclarle. of the d.ced.nt after the .xplratlon of any ..tate for
Ilf. or for y.ar., the Coeaonw..lth hareby a_pre..ly ra.arv.. tho right to appral.. and ...... tran.f.r Inherltanc. TaxB'
at the lawful Cia.. I lcallataral) rat. on any .uch futura lntera.t.
PURPOSE Of
HOTlCE~
To fulfill the requlre.ants of Sactlon ZlftO of the Inheritance and [.hla Tllx Act, Act ZI of 1995. 17Z P.S.
Sactlon 9IftO).
PA't'HENT~
D.tach the top portion of thll Notice and .ubalt ..lth your plly..nt to the R.gllt.r of wllh prlnl.d on the ra".na .Id..
.-".h chKk or aoney ardor payabl. tal REGISTER OF MILLS, AGENT
REFlJrCD (CR)~
A r.fund of a t.x credit, ..hlch .... not requ..ted on the Tllx R.turn, any ba requ..tad by coapl.tlng en "Application
for R.fund of Penn.ylvanl. Inheritance and E.tal. tax" CREY-1313). Application. ara av.llabl. at the Offlc.
of the Ragl.tar of Will., any of the Z3 Revenuo DI.trlct Office., or by calling the .p.clal Zft-hour
an.warlng .arvlce ~ber' for for.. ard.rlng: In P.nnsylvanla 1-80a-36Z-Z050, out.ld. Penn.ylvanla and
..Ithln loc.1 Harrl.burg araa (7171 187-809ft, TOO' (7171 772-ZZ5Z IHearlng lapalred Onlyl.
OIJECTlONS:
Any p.rty In Intara.t not .atl.fled ..Ith the appral....nt, Dllowanc. or dl.allo..ance of deduction., or a..el...nt
of tax I Including dl.count or lntere.tl a. .hown on thl. Hotlce .u.t obJ.ct within .Ixty 1601 days of racalpt of
thh Notice by:
....rltt8O prota.t to tha PA D.part..nt of Rev.nu., loard of App.al., n.pt. Z810Z1, Harrlsbura. PA 17IZ8-IOZI, OR
.-al.ctlon to hav. the aatt.r d.t.ralned at audit of the account of the p.r.onal rapr.s.ntatlva, OR
-~appeal to tho Orphan.' Court.
ADKIN
ISTRATlVE
CORRECTIONS:
Factual arror. dl.cov.r.d on thl. als...e.nt .hould b. addr.,s.d In writing tOI PA Dopart..nt of Ravenua,
Buraau of Individual Tax." ATTN: Po.t A...ss.ent R.vlew unit, nept. Z80601, Harrisburg, PA 17128-0601
Phone (717) 787-6505. S.e page S of the booklet "In.tructlon. for Inherltanc. TIIK Return for. Re.ld.nt
Dec.dant" IREV-ISOl) far an ._planatlon of adalnl.tratlv.ly corr.ctabl. .rrar..
DISCOUNT:
If any tax due 1. paid .,Ithln thr.e 131 cal.ndar aonths aft.r the decedent.. death, a five percent 15%1 dl.count of
the tllK pllld I. allow.d.
PENALTY:
Tha l5X tax aane.ty non-participation p.nalty I. coapulad an the total of tho t.x and Int.re.t a...s..d, and not
paid befar. January 18, 1996, the flr.t day afhr tha and of the ta_ aenesty period. Thh non-particlpatian
panalty 1. .pp.alabl. In the .a.. .annar and In the the .a.. tl.e p.rlod II' you would appeal the tllK and Int.ro.t
that ha. be.n a......d a. Indicated an thl. notlco.
INTERESTt
Intare.t I. charged beginning ..Ith flr.t day of d.llnquency, or nine 191 .onth. and ona (II day frOll the data of
d..th, to the date of pay.ent. Ta... which beca.. dallnquant before January I, 198Z b.ar Int.r..t at the r.ta of
.I~ (6~) p.rc.nt per ennua calculat.d at . dally rat. of .00016ft. All tax.. which baca.e delinquent on and after
January I, 198Z will baar Int.r.,t at . rat. which will vary fro. calendar y.ar to cal.ndar y.ar with that rata
announced by the PA n.part.ont of R.v.nuo. The applicable Inter..t rata. for 198Z through 1999 ar.:
'!!!! Int.re.t Rata nnlly Inter..t Factol" !2r Int.ra.t Rat. Oally Intora.t Feelor
198Z 20X .0005ft8 1988-1991 lliC .000301
19&3 16X .000438 199Z 'X .000Z47
1984 11% .000301 1993-1994 n .00019Z
1985 UX .000356 1995-199& 'X .000247
1986 lOX .000Z7ft I'" n .000192
1987 'X .000Z47
..Int.r..t I. calculated a. follow.:
INTEREST = BALANCE or TAX UNPAID X NU"BER or DAYS DELINQUENT X DAILY INTEREST FACTOR
.-Any Notlc. I..u.d aft.r the tax bacaa.. dallnquent will raflact an lnter..t calculation to flft.en 1151 day.
beyond the d.t. of tho n.......nt. If pay..nt I. aad. aft.r tha Int.r..t cDIIPutation data shown on the
Notlc., additional Int.r.st .u,t be calculat8d.
R[y,uIO[lj'fll
. ". INHERITANCE TAX
,
EXPLANATION
COMMONWEALTH OF PENNSYLVANIA
. DEPARTMENT OF REVENUE OF CHANGES
BUREAU OF INDIVIDUAL TAXES
OEPT 28080'
HARRISBURG PA 17128.060\
DECEDENTS NAME Butler, Elizabeth tLE NUMBER I
2195-0217
REVIEWED BY Larry Szollosy ACN I 101
SCHEDULE ITEM EXPLANATION OF CHANGES
NO.
E I Interest is effective December 22, 19911.
ROW
Page 1
STATUS REPORT UNDER RULE 6.12
Name of Decedent:
Morv (,ouise (.ov
Date of Death:
Mov 24. 1996
Will No.
Admin. No.
21-96-0463
Pursuant to Rule 6.12 of the Supreme Court Orphans'
Court Rules, I report the following with respect to completion of
the administration of th~ above-captioned estate:
1. State whether administration of the estate is complete:
Yes No X
2. If the answer is No, state when the personal
representative reasonably believes that the administration will be
complete: December 31, 1998
3. If the answer to No. 1 is Yes, state the following:
a. Did the personal representative file a final
account with the Court? Yes No
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 No
d. Copies of receipts, releases, joinders and
approvals of formal or informal accounts may be filed with the
Cerk of the Orphans' Court and may be attached to this report.
Date: June 11, 1998
~~, '1-
Signature /
Robert M. Frey
Name (Please type or print)
5 S. Honover St., Corlisle, PA 17013
Address
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(711 243-5838
Tel. No.
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Capacity:
Personal Representative
X Counsel for personal
representative
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