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HomeMy WebLinkAbout97-00052 No. "1 - lJl - ,,/ _.~~,..__.,..~._-~-..._,._~--, Estate of _ Grac~,-.F'. Allison , I>ecellsed DECREE (W PROnATE ANI> GRANT 01<' LETTERS AND NOW _i!'aTl~!'lrx..?_I.,_,,,__ ,_,.___ 19,.97.._, in considerUlion or the petition on' ,the reverse side hcm.f, satlsfae'tory proof having heen presenled hefore Ille, 1996 IT IS DECREED that the in,lllllllelll(s) dated..JIJ.'!.:!L,2.1L,l9.?S; _AugusL.?lL1996 and S~ptember 19, described thercin be admitted 10 prohale und flied of record as Ihe last will of Grace F. AllIson , -----.--..----~.._--_.._..._--.,"..._~-_....,.,_._~...-_.__._--_._-----,_.._._-~~------'---I and Letters ~st~n~___~____ .,__,,__,__ arc hereby granled to ....E.-:::l:~in _DePO~_~~,Yank anc1..2:.n1st:.. C~1;)any ___ -7lA)I~?Jt~~~L' i0m~?r-t'-;/. I Rcgt~ll1r or Wills (j MARY CLEWIS FEES J>robate, Letters, Etc. """'" $ 2 70,00 Short Certlfieates( 6j ""',,'" $ 18,00 . Renllnciation """""""" $ ~ Codicil -~'c,uO X-Pa'ges -- $ n ,00 JCP TOTAL ~ $ r, nn Flied "., 0~N.~~~Y, ,~1 " ,l,Q~?, , , , , ,3A( f P,O _ Joel R. Zulli~ 17516 ^ TTORNEY (Sup, CL 1.1), No,) 200 Chambersburg Trust Company Bldg. Charrbersburg. PA 17201 ADDRESS (717)264-6029 PHONE ~~ -rl :0 ~ ..,. --.J m 0 I" n " L ....1 ~ (.1 -. CI, U1 :~., , 'U " , t-.,l .. ,"j,- " VI 0' }; ;,;1 - .-1> '" Called Bank on 1-~1.97, ,\ .~ .~ >~ ~ ~ ~j ~ ~ living at the time of my death. c. Eight percent thereof to Christ United Methodist Churoh, Shippensburg, Pennsylvania, to be used for general church purposes; D. Two percent thereof to my cousin, Betty Fritz, provided, however, should the said Betty Fritz predecease me or die on or before the thirtieth day following my death, her share shall be distributed under paragraph B herein. SIXTH Any fiduoiary under this win shall have the following powers in addition to those vested in them by law and by other provisions of my will applicable to all property whether principal or income, incl uding property held for minors, exercisable without Court approval, and effective until actual distribution of all property: A. To retain any and all of the assets of my estate, real or personal, without regard to any principle of diversification of risk. B. To invest in all forms of property including stock, common trust funds and mortgage investment funds without restriction to investments authorized for Pennsylvania fiduciaries as they deem proper, without regard to any principle of diversification of risk. C. To sen at public or private sale, to exchange or to lease for any period of time any real or personal property and to give options for sales, exchanges or Page 3 \0 tt~ ..- .. o ..\~ :'10:: N u C11~~ 0. '"i d "} ..:~ ,:....;P .,:., , ) . It'\ , .- T) , (:' ~ ", lJ , I," ,. l:i) \/ 0 , ,<) U (1) P\ ~a (~IX: 0: ~ t ....... .ci t:; ~ ~U) Cl -' ..... ~ alO . Ul "'>. lii~ ~ a H ~,~ ,~ ~ :::J , ll\<l ...0. s~ ~ ~ (.) l!) l!)' ll\ ll\ -...t '= . EN Z :::J :::J ~ r... o ,0 "'''' "'''' itt [J.1 ~~l-< ll\ " ~ w w ~ ~I '" '" ~ IE IE ~( t.!i <l <l ~ :I: :I: .~ U u 2 '" ~j" " ~ , . t . . .. .... .,. of each other have hereunto set our hands as attesting witnesses. 111.. JA W~, / ( .~... \ : . GraClS 11'. Allison, --~~ ." ../ . /", ...., ~ _'j I I and ". ",' the testatrix and the witnesses respectively, whose names are signed to the attached or foregoing instrument, being first duly sworn, do hereby declare to the undersigned authority that the testatrix signed and executed the instr.ument as her codicil to her last will and testament and that she execu't:ed it as her free and voluntary act for the purposes therein expressed and that each of the witnesses, in the presence and hearing of the said testatrix signed the codicil as witnesses and to the best of their knowledge said signer was at that time eighteen years of age or older, of sound mind and under no constraint or undue influence. ~ r" 7.,1jJ' J . J /2 J.P-'p,-,' Testatrix t../, . - Witness Page 2 -L G fH V 1~,l\f11 X I (f '101) Irill [IA!I ',r;l [llhllfAIII H 1,11\1'11 (II[U:III'III II A ',i','ij';M 1-' Ilr,l.VJ.flL'L'_cLU.!2IJ__&~U\l.~.I__(l__ .__.~.I.._____ U"___'__'_. FILE NUMBER CAB H P L E P 0 C R C K 0 K P S c P o 0 R N R 0 E E S N - T C(JMMoNwr AI III of!'l NN'lYl VIHIIA Ilff'lViTMLNl (Ir Ilf VLNlIl 111:1'1.180(1(11 I!AllfW;lllJtlCl,I'A 171;>11-111101 INHERITANCE TAX RETURN RESIDENT DECEDENT (TO BE FILED IN DUPLICATE WITH REGISTER OF WILLS 'JllJNI'IUilll ') I - '1/ 1111',') YI All NlJMOf II o E C E o E N T nI'Cf:{lfNl'f, NAM! (LM.1, l'lfl~;l, ANO MI[Jlll ! INI1IAI I ~]lj"on, Grnee V, [II '.1 11f~11';, I, I~M'l I It. Allllnr','; \1) 1':i1.';1 Hurd Strp{~t Shll'l'lO""hurl'" I'A I n',/ r:~; ~~~H';;:;:)-;P~~';~'~';;~)-;;;I .__L______ (If' I\rpl.ICA[1l rpHJJlVlVINO ~lI'O\J:)r. '~; NAM L (I A:H,FIH'll AN 11 Mil I Ill. I. INITIAl) S(.ICIAL !l[ClHlITVNlIMflfll 166-]2-/0]0 1.lliInly CUlIltH'rlnud AMOUNT HrCLIVFlJ ('3U: IN~l flUe WJN'.) 0.00 Remalndor Return (lor dolos 01 doolh prlo' 1012-13-02) Fodoral Er.lato Tax Aolurn Requlrod Total Numbor 01 Safo Ooposlt BOX09 and Trust Company PA 1725/ None 60,830,65 None None 193, (,89,69 81,1,98.98 None 717 532-3733 1, Rool Eslolo (Schodulo A) (1) 2. Slocks and Bonds (Schedulo B) (2) 3, Closoly Hold Slock/Partnorshlp Inlor091 (Schodulo C) (3) 4, Mortgages and Nolos Recolvablo (Schodulo D) (4) 6 Cash, Bank 1eposits & Mjscollanoolls Personal Property (Sell, E) (6) 6, Jointly Owned PropOlW (Schedulo F) (6) 7, Translors (Schedulo G) ISchoelulo LI (7) 6, Tolol Gross Aesols (Iotol Lines 1-7) 9. Funeral Exponseo, AdmlnlstralivD Costs, MIGcellaneolls Expenses {Scheelule HI 10, Dobts, Mortgago L1abllilies. Liens (Schodulo I) 11, TOlal Deductions (Iolal L1nos" & 10) 12, Nol Voluo 01 ESlolo (Uno 0 minus Lino 11) 13, Chorllablo ond Govornmenlol Bequosls (Schoelule J) 14, Not Voluo Subl"ctlo Tax (Lino 12 minus Line 13) 16, Spousol Tronslers (lor e1olos 01 doOlh oftor 6-30-94) SOD Inslructlons lor Applicable Percontago on pago 2, (Include valLles lrom Schedule K or Schodule M,) 16. Amount 01 Uno 14 taxablo at 6% ratn (lncll/do vall/os from Schedule K or Schodulo M,) 17. Amount of L1no 14 taxable at 15% rata (Include values Irom Schodulo K or Sclledulo M,) 16, Princlpollox duo (Add lox f,om Uno 15, 16 ond 17,) 19. Crodils/Sp Povor1y P,lor Poyments Dlscounl _---9..:.Q.9+ 37,500,00 + 1,973,68 20, If Uno 19 f. groolo' Ihon L1no 10, onlor Iho difforenco on Lin" 20. This Is tho OVERPAYMENT, [[] 0 I Check her. II you are requestlng~ relund o! your overpaym.nt:) 21, If Line 181s groatm Ulan L1lle 19, onlor 1110 difforonco on Uno 21, Tills Is 1110 TAX DUE. A. Enler tho lnlorost on 1110 balnnco duo on Lino21A B. Enter 1110 total 01 Llno 21 and 21A on LillO 218, TI11~11~; 1110 BALANCE DUE, Make Check Payable to: Register of Wills, Agent ~ ,. BE SURE TO ANSWER ALL QUESTIONS ON PAGE 2 AN TO RECHECK MATH .. .. Cllfll'rlQl,t (c) llHM lOIn! ~(IrIWMllllf,ly CI':,y"lums, 1111. :',OUAI <,!I,U!\IIYNUMf1Ef\ .---~.~ Sllpploll1ontnl f~etu!1l ., D 4a, Fuluro InlOr(J~lt Comprol1ll~JO (lor clnlwl 01 doaltl nHor 12-12-02) [R] 6. Dm.:odont Diad Toslnto []] 7, Docodnnl Mnlnlaillocj n lIvln~ Tnm! (Allacl1 oopy 01 Will) (AiI.el1 . copy 01 T'"sl) ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: X 1, Orlgln.1 Rolli'" 4. Limited E8lntn 06, 8 NAMf Alan B, Rhi,lwharl:, V,[', &T\'usl: Offic"r TEltPHONE NUM[J(R COMf'll:t r MAllIN(l AnfJR[SS Dauphin Depos j V Bank p ,0, Box 9 Sid) ,,,,,sbul: (8) 336,019,32 R E C A P I T U L A T I o N (9) 29 , 709,51, (11) 35,060~ (12) 300 , 958,41, (13) .- 15,094,29 (14) 285,8611,15 . 0,00 ,06 t: 0,00 ,15 = 42,879,62 (18), 1,2.879.62 (19) 39,1,73,68_ (20)_ 0_00 (21) 3 ,1,05,911 ( 21A) 0.00 (21B)_, :\,1,05,91, Undor ponl1llio~ 01 flIH)ury, 1 dllOIMU 0\/111 h~\lO flMllIlnlltj 11111; fllllll II , ill' !lInn ,1CGOmpolIl corroet ancl complolo, I dot1i\lfJ thal.111 rOftI1l51,'10 h,ll, lllllll' rllfHH!ftd \, rnM~ol v,'!J,lffDf' ()l~ ld P'I'!, III olhm than lhn pl'f5on,1i lopltlSllnl,1\lvll IS based un ',7fl,n oj whlchpfoPlllorll...SlInvknowllldgll, ,.a ~ ...::t.. SIONATUAEOrPEflSoNRtSf'ONClInLF.f'OHFILlNORfluflN Aliln B, Rhill(lllllrt, \/,1'. &. Trust. Offi.c(!f DATI P . (). Box q .-......--.........-----.-----.............---...,. ,____,~.'..!J)p,,"s1'.!c'~___yi\ 1/2 ') / mONAillfll: or rREPAfIER OHiff! THAN IU:I'/H:.'it:Nlllllvr Dauph in [)('l)()!~ il Bank <Jnd Trus t Co. !).. f) ,. B.o~. ~J__ _. _. _ _ _ _ __ . _ _ . _ ,. . _ " . _. _. _." _ _ _ _ . _... _, __~iJ'P('11~12~__.~J.,!2.?J_____~____ (10) 5 , 3 51.34 (16) 0,00 X (18) 0,00 X T A X C o M P U T A T I o N (17)__ 285,861,,15 X Inlorosl tllIl r I ('I III {SOD (Ilnv. ;"9i) fll'V l!.IHl ex i (I~ 111\) C(1MM()~WLAL Il! 01 I'tNW'YI VANIA INII 'flITAt~L[ lAX r:tur N II '!lIDJ:Nl Ol'crnrNl SCHEDULE F JOINTLY-OWNED PROPERTY ESTATE OF Grlle" F, Alll"~SSII 166-12-101.2... 01/(~.2.....____ Joint tenant(s): A, _ NAME p"/Igy F, l\oIni8 ADDRESS 105 N0wlandR SLre~ Clwvy Cha"", MD 208 IS B, G, Raymond I'ogelsonger (d"cenRnd) 11/23/78 C, RIchard R, Fogelsongar III Fogelsnnger Road Shipp"nsburg, PA 17257 Jolntly-ownsd propslty: FILE NUMBER 2l.97.(JO:,) RELATIONSHIP TO DECEDENT S 1 slcer Fa the I' Nephew ITEM LETTER DATE FOR MADE DESCRIPl'ION OF PROPERTY TOTAL VALUE DECO'S DOLLAR VALUE OF NUMBER JOINT OF ASSET % INT, DECEDENT INTEREST TENANT JOINT 1 A $1,000 Orrstown Bank 1,000,00 50,00% 500,00 CertHicate of Deposit #3/,3846 due 0/,/27/97 . Regis tered with P"egy J, Boinis Accrued Interest 8,39 50,00% 1,,20 2 A $10,000 Dauphin Deposit 10,000.00 50,00% 5,000,00 Bank and Trus t Company Certificate of Deposit #3775104425 4,855% due 11/27/97 RegIstered with Peligy J, Bonis Accrued Interest 14,32 50,00% 7,16 3 A $10,000 Danphin DeposIt 10,000,00 50,00% 5,000.00 Bank an:! Trus t Company Cert:iflcllte of Depos It 113733055234 5,30/,% du" 04/05/98 . Regi.~tered wi th Peggy BoinIs Accrued Interest 136.64 50,00% 68,32 4 B $102,48 D,S, Treasul:y 102,/,8 100,00% 102,/,8 Sedes II Savi ngs Bonds dll ted 06/01/1,3 - Registerod wIth G. Raymond Fogelsonger Totnl ,[ Cont:i.m aUon Schedule (s) 70,81(, ,..8.2. TOTALj!"I,. 011101 on 1100 6, Rocnpllulsliol1) 81 ,/,98, 98 (II more spaco Is noodod, ImlOrl additional !ll1oota of Romo nllo.) CUflyrl{1t,t (e) HHl4 flHm liottWlllll rHlly (:P.')y~I11IlI!i, Inc, rllrtn 1500 ~;(:tll\dIJI(l F (flnv, U 1111) E81:1ll:0 of: Grlleo Ii', All:1,!lon Soc See HI 166-12-7010 Dall1 of Death: 01/08/1997 Continuation of Schedulo. J.A (TaKllble Bequbsts) Item Name and Address of Beneficiary # 5 Susan Brownell 3961B Cocoplum Circle Coconut Creek, FL 33063 6 Jack Leonard Fogelsonger 1/,537 Carona Drive Silver Spring, MD 20905 7 Ned R, Fogelsonger 602 Baltimore Road Shippensburg, PA 17257 8 Patricia A, Fogelsonger 2313 Imperial Drive Largo, FL 33771 9 Richard E, Fogelsonger 111 Fogesanger Road ShippenRourg, PA 17257 10 Berkley G, Fogesonger 2411 Sheridan Hills Curve Way~ata, MN 55391 11 Thomas E, Fogesonger 2537 Evergreen Drive Indiana, PA 15701 12 Betty Fritz 226 Hollar Avenue Shippensburg, PA 17257 13 Louise Johnson 490 Mountain View Shippensburg, PA Road 17257 14 E, Jane Ocker 1200 Greenspring Road Newville, PA 17241 15 Martha E, Sheaffer 40 N, Earl Street Shipl'ensbutg, PA 17157 Re1atiot1Sh~p Nic;ce Nephew Nephew, Nieoe Nephew NepheW Nephew Cous in , Friend Frf.end Cousin Amount or Share of Estate 1/10 of 70% of Residue 1/10 of 70% of Residue 1/10 of 70% of Residue 1/10 of 70% of Residue 1/10 of 70% of Residue 1/10 of 70% of Residue 1/10 of 70% of Residue 2% of Residue 1,000,00 Cash Bequest 1,000,00 Cash Bequest 5,000,00 Cash Bequest HI V IIIH! X. (III U4~ (()MM()~WI^I III (II 1'r:t'i.~';YI V^NI^ 1N1M WM~l?I)I[^<\rUL ~?lN SCHEDULE M FUTURE INTEREST COMPROMISE ESTATE OF FILE NUMBER ---.9.!:.~~~!\..!l~__ S S 11.Ji:!:..:.l! - I 0 l!J__.!!JJ.ll..!lLL~J:!.~________..___2J..:2l:~.QQ2 ~_____ Thla aohedulola approprlato only lor Eat.toa 01 deoedont. dying altor Oecomber 12. 1982. ThlH llctlOclulo Is 10 bo ullucllot nllluhJlo InlnronlB WllOfO 1110 foto 01 tax which will bo opplloHblo wtmn tho hl1tllUlnttJrO!lt Vlmtnln oS9mmion (lIld onjoymolll cannol bo lIflta~,Ii~ll1od wilh corlalnly, Tll0 Ir19lnlfllOlll or(JuUn~ 1110 fUIII/O InIOloHII~I: r~~_~ (Ple.a. attaoh oopy of Inatrumont) Wthor _____ I. Bonollolarloa NAME OF BENEFICIARY RELATIONSHIP OA TE OF BIRTH AGE TO NEAREST BIRTHDAY 1, 2. 3, 4, 5, II. For dooodonl9 dying on ot allor July 1, 1094, If a surviving spouso uxorclsod or Inlonds 10 oxorcisQ one 01 tho following wlthln n months of tho decodenl's doath, chock tho approprlato box and supply a copy of Uw documont In which tho surviving spouso (lxotcl!:les sucll withdrawal tight --.D Unllmltod right 01 wlthdrawa' O!tmlted right 01 wlthdra~al III, Explanation 01 Compromise Offer: (II moro spacols needod, attach additional a,5 XII" ahoels) IV, Summary 01 Comproml.e Offer: I, Amount 01 FUlUie Intoro,t , 2. Valuo of Une 1 oxompllrom tax as amounl passing 10 chnrlUas, 010, , (also Includo aa part of lotal shown on Line 13 01 Cover Sheot) 3, Valuo of L1na 1 passing 10 SPOllSO al appropriato IE\)( rato " Chook 1 Block 0 8%, 0 3%, 0 0% (also Includo as pmt 01 tolal sllown on Line 15 of Cover Shoet) 4. Valuo 01 Une 1 Taxablo at Unoal Rata (also Include as pari ollotal ,hown on Line 16 of Covor Sheot) 5, Valuo 01 L1no 1 Ta.ablo 01 Collateral Rato , (olso Includo as pntt 01 total shown on Line 17 of Covor Sh081) 6, Tolal Valuo of Fuluro Inlorost (sum of Unos 2 tlllu tJ mUst oqual Uno 1) ,$ 0,00 $ 0,00 $ 0.00 $ 0,00 $ 0,00 $ 0,00 CopyrIOhl(C1) 19f1f,Iolm I;{lftwlllnofllyCP.'lY5!1wlIi, Inr, IlIun 1500 Stl\ncflll(l M Ol~v, 111 114) flf.V', lHt1{1jX(l-92) SCHEDULE N SPOUSAL POVERTY CREDIT CflMMONWEfIl rH of f'r- NN-',YlVANII\ INHElIlTANCr TAX {lIVi<;IClN (AVAILABLE FOR DECEDENTS DYING AFTER 12/31/91) ESTATE OF FILE NUMDER Graco !" Allison SSII l('('_~,I?:~()l~I___(I.lLI)I!I)'):'j______.__m 21-91-0052 ThlR sclwdlllo !l1WlllJo cOl11plotnci Ollel lllocllt you cllocknrJ 1110 ~jpolwl.Il povolly clodil box on 1110 oovor sl1oot. 'PART I - CALCULATION OFJl!'mSS ~~fTAi;E------- . 1, Taxablo Assots tolal from linn 8 (COVOl fll1ool) 1, 336,019,32 2. 0,00 3, 0,00 4, 0,00 6, 0,00 6a, 0,00 6b, 60, 6d, 6, 0,00 7. 336,019,32 2, Insuranco Procoods on Lifo of Oucodorll, 3, Retiremont Bonoflls , 4, Joint Assets with Spouse 6, PA Loltory Winnings, 6a, Oll1or Nonlaxable AsselS: L1SI (AIIaol1 sol18duio if neoessary) , 6, SUBTOTAL (L1nos 6., b, 0, d), , 7, Tolal Gross Assels (Add lines 1 Il1ru 6), Income: a. Spouse, b, Decedent, o. Joint. d, Tax Exempl Income, , e, Other Income not listed abovo, I, Tolal. 4. Average Joint Exemption Inoomo Calculation 40, Add Jolnl Exempllon Inoome from above: (11) 0,00 8, TOlal Aolual L1abllilles , , , , , , , , g, Net ValUo of Eslate (Sublracllino 8 from line 7) , II line 9 Is grealer Il10n $200,000 - STOP, Tl10 eslala Is nol eligible 10 olalO1l11o oredil. If nOI, oonlln"o 10 Pan II. 9, 336 , 019 , 32 PART II - CALCULATION OF JOINT EXEMPTION INCOME - (Attach copies of Federal Individual Income Tax Returns for decedent and spouse. 1, TAX YEAR: 10, lb, 10, ld, 0, 0,00 2, TAX YEAR: 1995 3. 0,00 3.. 0.00 3b, 0,00 30, 0,00 3d, 0,00 30, 0,00 31, TAX YEAR: 1996 0,00 0,00 0,00 0,00 0,00 0,00 10, 11, 199/; 0,00 20, 0,00 2b. 0,00 20. o ,00 2d, o ,00 2e, o ,00 21, + (21) 0, 110 +(31)_ 0,00 . 0,00 -'- 3 ) 0,00 4b, Averago Joint Exemption Incomo , If Iin(l 4{b) Is grealor lhan $40,000 - STOP. Tho oslato Is nol ollgible \0 claim tho crodil: If nol, contlnuo 10 Part ilL PART III - CALCULATION OF SPOUSAL POVERTY CREDIT FOR RESIDENT AND NONRESIDENT ESTATES . I 1. In8ml amount of taxable transfors 10 f1pOUflO or $100,000, Wlllchovm Is less, 1. 2, Mlllllply by crodit porconlngo (ROO inslructioml) 3, Thl!lls tho Clmount of tho R(JRldonl SpDlHlal Povorty Crodit. Includo this flqura In 1110 calculnl!oll 01 lolnl crodlHl 011 lmo 10 01 1110 covor f1hoot , 04. FO! Nonrmlldontl'l, onlot 111(1 folio 011110 clocodonl'!l gross ostato In PA to tho valuo 01 tl10 docadont's ~rom'l ontaIn, 5. Mulllply Uno 3 by Ilno 4 nnd (Hllw tho lolalllOlO, Tllis Is 1110 ol11o\lnl 01 tho NDnrO~lld()nl SpOlHHl1 PovorW ClmllL Includo Ihlllllqwo in 11m Gnlculnlion of lolnl cloditfl ollllno 10 of tho covor !lImo!. CnfIYriiPII(r.) 1!1!14 fnrrn rwttWMlj llIi1y (..f1~1y!>l(1rn",IIlt, 2, 3, 4, 6, ~c1I~IIIIIf'N (Hnv, \ ,j-i; ',1 {'.." < 'I ",./ .. '0 ,,~) BUREAU OF INDIVIDUAL INttrRllANU TAl( lllVISIOH DfPl, 780601 ttARRISBlJRG, PA 171Ze-0601 TAKES COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE NOTICE OF iNHERITANCE TAK APPRAISEMENT, ALlOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX DATE ESTATE OF DATE OF DEATH FIL,E NUMBER COUNTY ACN 12-22-97 ALLISON 01-08-97 21 97-0052 CUMBERLAND 101 E' =.A."Ount R..ltt.d l MAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 CUT ALONG THIS LINE .. RETAIN LUWER PORTION FOR YOUR RECORDS ..... REV: is/ii-Elf"j. j: j;" f 0 'iF 9'1')- Noi'"i c r "oF" YNHE ifi;: A'N-c E - "fAx - ;,p PRA- is EtfEN T -;. -j. i:. row A 'N"c E - cili -""""" -- -""" "" - "" DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX GRACE F FILE NO. 21 97-0052 ACN 101 ALAN B RHINEHART DAUPHIN DEPOSIT BK PO BOX 9 SHIPPENSBURG & TR PA 17257 ESTATE OF AL LI SON TAX RETURN WAS, I X) ACCEPTED AS FILED RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. R.al Estate (Schedule Al 2. stock" and Bonds (Sch.d~Jl. 0) 3. Closely Held stock/Partnership Interest (Schedule C) 4. Hortsagas/Notes Receivable (Schedule DI S. Cash/Bank Deposits/Misc. Personal Property (Schedule E) 6. Jointly Owned ~rop.rty (Schedule Fl 7. Transfel"s (Schedule G) 8. Tatal Assats CHANGED (1)___ ,00 12) 60,830.65 (3) ,00 (4) ,00 IS) 193,689,69 (EoJ 81 .498,98 (7) ,00 ( B) APPROVED DEDUCTIONS AND EXEMPTIONS: 9. Funar.l Exp.ns.K/Ad~, Costs/Hisc. Expanses (Schedule H) 10. Oebts/Mortgage Liabilities/Liens (Schedule Il 11. Total Deductions 12. Nat Value of Tax Return 13. Charitabla/Govarnllanbl Bequuts,: Non~.lect.d 9113 Trust. (Schedule J) 14. Nat Value of Est.t. Subject to Tax If an assessment was issued previausly, lines reflect figures that include the total of ill ASSESSMEln OF TAX: 15. AIIQunt of Lins 14 16. A.aunt of line 14 17. AMount of line 14 18. Principal TMX Du. NOTE: Irt Spounl bxabl. .t hxabl. .t rah Lin..I/CI..s A rat. Collataral/Cla.s Brat. TAX CREDITS: -----.-, PAYMENT RECEIPT ~ATE NUMBER -03-27:97 AA185329 09"10-97 AA242225 DISCOUNT 1+) INTEREST/PEN PAID 1-) 1,973,68 ,00 29,709,54 5,351,34 (11 ) 112) 113) 114) (9) 110) ~"~(Q,, , :J~~. '.i'~' .~_L.. . .e 111.1'./ (. U, In,tll GRACE F DATE 12-22-97 NOTEI To insure proper cradit to your account, submit the upper portion of this form with your tax payttan t , 336,019,32 35,060 aa 300,958,44 15,094,29 285,86(1. 15 14, is and/or 1&, 17 and 18 will returns assessed to date. 115) 116) 1111 .OOX,OO= ,00 ,00X,06c .00 285,864,15 X ,15= 42,879,62 I1BI_ 42,879,62 AMOUNT PAID 37,500,00 3,405,94 TOTAL TAX CREDI.!.. _.___._ 4'2.~~7.9:.6.~. H] BALANCE OF TAX DUE ,00 ~--~~_._--,----- IMTEREST AND PEN. ,00 ...----- ~,-,-_._-_.~_.,....._.. TOTAL DUE .00 . IF PAID AFTER DATE INDICATED, SEE REVERSE FOR CALCULATION OF ADDITIONAL INTEREST, IF TOTAL DUE IS LESS TtIAN \I, NO PAYMENT IS REQUIRED, IF TOTAL DUE IS REFLECTED AS A "CREDIT" ICR), YDU MAY BE DUE ^ REFUND, SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS,) ~IUAVA"ONI [.ut.. of dltc,d.nt. dying on or b.fer. Dlc'.ber 12, 1982 -- if any future Internt In the utate Is tran,flrrld In PO~"IIlon ~r enjOYMent to,Cla.. 8 (collatoral) benefIoiarlll ~f th, daeedlnt aftar th, axptratlon of any o.tat, fer I If I pr for Ylftr., thl to..onwlalth hlreby expressly rl'lrVI' th. right to appral'l and a,s"1 transfer Inherltanoe TaXIS .t the lawful Cia.. 8 (collateral) rate on any suoh future lnt.rut. PURPosr or NOT lef', To fulfill thl req\dr..ent, of Slction 21(,0 of thl Inheritance and Est!!te Tax Act, Act Zl of 1995. (72 P.S. Slotlon 9140>' IIAY"' NYI IJlhQh the top p~rtlon of this Notice and submit with your pay.llllnt to tho Rlghtsr of Wills prlntlltl on thl rlvorn lildu. "Makl ohlck or ",onOy ordllr payable to~ REGISTER Of' HILLS, AGENT RUUNO ICRII A ilfund of a tax crudlt, which was not rlquosted on the Tax Return, In!!Y be requested by co~pletlng an "Application for R.fund of PlnnlylvanJa Inherltancl and Estst& Ttrl(lt (RElJ-1!13J. Appltoatlons arl available at thl OHloo of thl Rloister of Wit Is, any of thl Z~ Revenuo District Officos, or by calling the splclal 24-hour ftnlwlrlng I.rvtcI nUMblr. for for., ordorlng: In Ponnsylvanla 1-800-362-2050, outsldl PennsylvanIa and wlthl" 10Clal HarrlsburQ !lila (17) 787"8094, TOO II (717) 772"2252 (Hurlng hpaIred OnlY), 08JHTIOHSI Any Flarty in interest not satl,fied with the appralsellllnt, al10waMe er dJsallowanoll of dlduotions, or ulRul8nt of taK (Ina1udlng dllcount or I~tlrelt) al shown on this HottclI .Ult objlct within 11Kty (60) day, of receipt of thll Notlcl bYI -.wrltten protist to the PA Oepartment of Rlvenul, Bosrd of Appoals, Dopt. 201021, HarriSburg, PA 17128-1021, OR --.hotlon to havI thl lIatter dlttr~lnld !It audit c:f thl Meount of thl pflrsonel representatlvl, OR - -appul to thl Orphans' Cour t. AOHIN ISfRATIVE CORRECT IONS I Factuet .rroil dltcover.d on thlt auu..ent .hould b. addrused In writing tOI PA Olparhlent of Rlvllnue, 8uruu of Individual YaK", ATTH: Post A""I.Ant RlvIew Unit, 08pt. 260601, Harrisburg, PA 17128-0601 Phone (717) 787-6505, S.. rJeQe S of thl book lit "Instructions for Inherlt/mcl T1tx Return for 110 R..ldlnt Oloedent" (REV-ISOl) for an eKplanatIon of ad.InlstratlvylY corrllotabll errorl. D I SCOUHT : 1f any tal< due II paid within thr.. (5) calendar 1I0nthJl after the decedent's dlnth, a flv. perclnt (S%) dhcount of the hK paid 11 allowed. PlHAI. TVI The lS% ta~ a.netty non-partJcIpatton penalty Is co.puted on tho total of the tax and Intlrllt alslI.s.d, and not paid blfore January 18, 1996, thl first day after thCl ond of the taK l!llllnuty PlrlOd. This non-participation penalty 11 appealable In the sa.. nnne; iIlnd in thl thl SUI thle periOd n. yoU would apptal the tax and Interllt that has b.ln auused al Indloated on this itotlcl. INH:REST I Int.r.st I. char Old blgInnlng with first day of dlllnquency, or nine (9) Month. and on. (1) day froll thl date of death, to the dati of pay.ent. TaXI' whIch becall' delinquent bllforl January I, 1982 bear Int.r..t at the rato of .I~ (6%) perc.nt per annuli calculat.d at II dally rat. of .000164. All taxel which beea.1 dellnqulnt on and after January 1, 1982 104111 bear inter..t lit 1I rate which will vftry froll callndar ylnr to cftlondnr year with thllt rflto announcld by th. PA D.part.lnt of RIYlnu.. Th. IIppl\(',abh Interllt rat.. for 1982 through 1998 arel '!!!! tnterut Rate Dally Interut fnc:tor !!!r Interest Rnh Dnlly Intllrut Factor 1982 <:'0% .000548 1987 9% .000247 1983 16% .000438 1988-1991 11% .000301 1964 11% .000301 1992 9% .oOOr..7 1985 13% .OOO~S6 1993+1994 7% .000192 19&6 10% .000Z74 1995-1998 9% .000l47 --Int"ut 11 calculatld .. folloWl1 INTEREST . BALANCE OF TAK UNPAID K NUM&ER OF DAYS DELINQUENT K DAILY INTEREST FACTOR ~-Any Hotlce luued afttr thl ta)( blco." delillqulnt will reflllct an Inter.st eetcutatton to fift"n {IS} days b.~ond the dati of thll e.I.....nt. If pay.ent II .ado aft.r the intlr'lt cCIIPutatlon dete shown on the Notlc., additIonal lnterut IN.t be calculated. RECEIPTS OF PRINCIPAL D~~cr i pt i on Fiduciary Acquisition Value Assets listed in the Inventory 254,520,34 and Appraisement as filed .. - .... - .. - .. 254,520,,34 Bonds: 1997-02-13 $102,48 U,S. Treasury Sedes E 102.48 Savings Bond Dated 6/1/43 Registered with G, Raymond Fogel songer 1997-02-13 $204.96 U,S. Treasury Series E 204 ;,~6 Savings Bond Dated, 6/1/43 Registered with G. Raymond Fogelsonger 1997-02-13 $409.92 U,S, Treasury Series E 409.92 Savings Bond Dated 9/1/43 Registered with G, Raymond Fogelsonger 1997-02-13 $409,92 U,S, Treasury Series E 409.92 Savings Bond Dated 9/1/43 Registered with G, Raymond Fogelsonger 1997.02.13 $409,92 U.S, Treasury ,Series E 409.92 Savings Bond Dated 9/1/43 ~. .. .. '.. .. .. .. .. ," .. .. .. .. 1,537'.20 Registered with G, Raymond .........,............... Fogelsonger Total Receipts of Principal 256.0$7. 54 -_.-.- -3- RECEIPTS OF INCOME Dividends: , 1997.0,2.06 Grace F. Allison T\A . Dividend from Orrstown Financial SVS 1997.02.06 Marketvest Funds PAMunioipa1 Bond Fund 11591 1997.02.06 Marketvest Funds Short Term Bond Fund 11592 1997.02.12 Grace F, Allison T\A . Dividend on Marketvest Municipal Bond Fund 1997.02.12 Grace F, Allison T\A Dividend on Marketvest Funds Short Term Bond Fund 1997-05.08 Orrstown Fl.nanoia1 SVS Interest: 1997.02-03 Capital Reserve Account 1997-02.06 Grace F. Allison T\A . Interest from Federated Muni Cash Trust 1997.03.01; Capital Reserve Account 1997-03.05 Grace F. Allison T\A . Interest on Federated PA Muni Cash Trust 1997-04.03 Capital Reserve Account 1997.05.05 Cap i tal Reserve Account 1997.06.05 Capital Reserve Account 1997.06.26 Grace F. Allison T\A . Interest on Federated PA Muni Cash Trust 1997.07.03 Capital Reserve Account 1997-07-31 $1,229,76 U.S. Treasury Series E Savings Bonds dtd 9/1/43 1997.07.31 $307,44 U,S. Treasury Series E Savings Bonds dtd 6/1/43 .10. 134.33 4.92 15.97 9.81f 31.98 134.33 70.81 7.55 683.84 13 .01 900.46 704.23 715.30 2.17 750.27 1,004.76 251,.19 33:1..37 1997.07.31 $300.40 V,S, Treasury Series E Savings Bonds dtd 12/64 1997,08.01 Capital Reserve Account 1997 - 09 - 03 Capital Reserve Account 1997..10.02 Capital Reserve Account 1997.11-03 Capital Reserve Account 1997.12-02 Capital Reserve Account 1997.12-31 Ce,p.\ta1 Reserve Account Other: 1997.02.06 Grace F, Allison T\A " Distribution from Municipal Bond Fund 271.92 743.31 705.94 771.38 741.75 676.80 806.80 500,15 Total Receipts of Income -11. 9,821.49 500.1'5 10,653.01 ------ living at the time of my death. C. Eight percent thereof to Christ United Methodist Church, Shippensburg, Permsyl vania, to be used for general church purposes; D. Two percent thereof to my cousin, Betty Fritz, provided, however, should the said Betty Fritz predecease me or die on or befor.e the thirtieth day following my death, her share shall be distributed under paragraph B herein. SIXTH Any fiduciary under this will shall have the following powers in addition to those vested in them by law and by other provisions of my will applicable to all property whether principal or income, including property held for minors, exercisable without Court approval, and effective until actual distribution of all property: A. To retain any and all of the assets of my estate, real or personal, without regard to any principle of diversification of risk. B. To invest in all forms of property including stock, common trust funds and mortgage investment funds without restriction to investments authorized for Pennsylvania fiduciaries as they deem proper, without regard to any principle of diversification of risk. C. To sell at public or private sale, to exchange or to lease for any period of time any real or personal property and to give options for sales, exchanges or Page 3 EXHIBIT \ \ I I my last will and testament, consisting of six typewritten pages, the first four of which bear my signature in the margin for the purpose of identification this _ tE,.!L'!!- day of ' .~()r/ I , 19..2.S:. J: /:"'.< /: ~ ' "&,2, (' --'2-, r:::7f c:?I-A.:L(J, ~(SEAL) Sig,necl, sealed, pUbl.i.~hGd and declared by the above-named testatrix, as and for her last will and testament in our presence, who in her presence, at her request and in the presence of each other have hereunto set our hands as attesting witnesses. 'J,e13,;f/;:i,"'iding" '1'Y/ P'1-A 4,([L..""''o'~ ~~n'-rrJ. ~. mldlng" <k.&~"''iJi,p~ We, Graoe F. Allison, "/0E'1- 7<, '21.L1..I.-INc,.ere...,. and '-DAVJfo..) 1Y1, <:::;NOlc ,"" the testatrix and the witnesses, respectively, whose names are signed to the attached or foregoing instrument, being first duly sworn do hereby declare to the undersigned authority that the testatrix signed and executed the instrument as her last will and that she had signed willingly (or directed another to sign for her), and that she executed it as her free and voluntary act for the purposes therein expressed, and that each of the witnesses, in the presence and hearing of the testatrix signed the will ~s witnesses and to the b.st of their knowledge, the testatrix was at that time eighteen years of age or older, of Page 5 EJaUBIT