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HomeMy WebLinkAbout97-00311 Rnv, 15OO,lIX + (7.9-\) ('OMMONW1!AI.nI0l' I'ltNNS\'I.V,\NI^ IJll!lAkTMHNl' 01' RIlVHNtJll lHWT.280601 HAMRI9UtlRO,IIA 1'l12!1-06()j I~) 1/ I ,) INHERITANCE TAX RETURN RESIDENT DECEDENT (TO BE rILED IN DUPLICATE WITH REGISTER or WILLS) ,XlR IlAll:H m' "':AllI .\FI1t11llmltl ClmCK \lRKE If' A H"UINAI, MVF.JlTV CRml1' IH Cl.AIMRn FI LE NUMBER 21 COUN1'Y CODE 97 YEAR 3/' NUMBER ) l(-1. } (, ~ , Kutz, Mary E. I !(' ,I) "M cOMI.f-irl'li ^rmkf1.ss 50 Mooreland Avenue Carlisle, PA 17013 )).\ A,) iiiK'IAI. ~lidl1irry NIlMhHlC--l ',;;fliO!' hli^'I'H - 201-16-5060 2/8/1997 (iViii'i'J.ICAiiT,B) HIIRVIV'NOHI'OIlHB'H NAMIi (lJ-'T. I'IR''I' ANI> MIIlIlI.IlINITIAI) IlATI\Ol'IIIR1H 1/20/1925 ('(>lINTY Cumberland ~)CI^[SiTc'TIRf"FY'"'"NtJ..mH "XMmfNl' 1t1!('llIVlllJ (SHE 'Ns~fRlJC1'IONS) - l[TO'lsinll H,.um ----.:::-T. Suppkmml,d Return 4. Llmiltd lalAte 4. Future Interest Comproml.e ((or ~ks of death antr 12.1i..82) _ 7, Dtc('~Ctll M.inl..incd I Llvinj Trult (Attach. copy of Tru~l) ]. Remainder Return (for datu of death prior IQ 12.13.82) 5. l'tdtrall!atatc Tu Relurn Rtqllircd Q~ 8. TQtJI Number of SaFe lh.'fK)til Roxe. Ii. 6. IkCt'dMt DICId Testate (Atw:b copy o( Will) ALL CORRESPONDENCE AND CONFIDENTIAL TAX IN NAMB Wayne F. Shade, Esquire ORMATION SHOULD BB DlRE~ TO' COMPI.IlTB MAII.lNO AOOR{!.....'] t-:' --/ ' 53 West Pomfret street' ~:: Carlisle, Pennsylvania 17Ql3 ;.\) I f'-l rTIiJiPiffi'NE'NUMBflR (717) 243-0220 I. Rra!llilale (Schedule A) ( 1) ( 2) -u 2, Slocka and Bonda (Schedule 8) ( 3) " '. 3, Closo':,' Held SlockliJaltnershlp Intct'C'.st (Sche-dule q )":'. ,~.., v.' 4, Mort&:age-ll Iolld Notc-B R~c-ivable (Schedul.e. 0) ( 4) ~ - I l, Cub, 1I11lk OqlolIlu &: Miacc1111looo, Peuooal PropeJ1y (Schc.dule f!) ( 5) ---1., 903.81 6, 10lntly (wooed PrCllerty (Schedule f7) ( 6) I 7. Transfers (Schedule 0) (Schedule L) ( 7) 8. T{l(al Orou Aur.-u (total lines 1.7). . ( S) 9. FUllenl RlpenlC8, Admini.ltative Costs, Ml8cellanc<lU8 Expense. (8ch~ule II) ( 9) 1.446.00 to. lXblJ, Mortgage LiJlbililiea, LIem (Schedule 1) (10) 11, TcUl Dedw.tiona (toffllllnu 9 &. 10) (11) 12. Net VaJue of E.tAte (line 8 mlllua line 11). (12) J 3, CharitJble and OovemlllC1ltallk-que~ls (Schedule J) (13) 14. Net V.lue Subjecl to Tax Oine 12 minuIline 13). (14) Tf."":'l)pouIIAI Tran.fers (for dalC-ll of death aftcr 6.J()..94) See InstnlClloos for Applicable Pmentage on Reveuc Side, (Include values from Schedule K or Sche.dulc M.) 16. AmOUllI of line 14 tal\able at 6911 rale. (Include value-JI frolll Scheduk K or Sche.dule M) 17, Amount of line 14 laxahle al15% rate.. (Include values from Schedule K or Sche.dule M) 18, Pllnci(lal tall due (Add tall from line U, 16 a.nd 17) . 19. Credits SJIOOull)ovcrly Credit I'rlor Paymcn13 IJltcount lntcre-81 (15) (16) x '_. 101 457.81.,(16. (17) x ,U 1:I (18) (19) (20) + + 1.37 20. If line 19 IJl gretter thallline 1M, mler the diffeJence (In line 20. l'bls Is the OVI<:RPA YMENT. A. _ Check hue If you....e rtqllt31hlla refund of your overpaymeat 21, If line 18 I. .rc.te.r than line 19, mter the diffe-rence ')(1 line 21. This ., Ule 1'AX nut<: . A. Hnter the lntert'-Jt on the balAnce dlle on Ime 21 A . n. Hnler the total of line 21 and 21A on line 21 n, TIIIJl l~ lhe BALANCE DUE Makr: Ch<<k ray able hn Rl'lulu of Wiu... ^aenl (21) (21A) (21B) :1) _:,,' " .;,;.. 1.903.81 1.4~,OO 457.81 457,81 27.....il. 1. 37 26.10 26,lQ BE SURE TO AHSWI!:R ALL, QUESTIONEl ON REVERSE SIDE AND TO RECHECK MATH Under pC'ul.ltie-ll of perjury, I declue UlIt I have {'-Unlined this return, including accompanying achedllleJl and SU~m~nt8, and 10 the be-Jl of my knowledge and bellef, i11. true, correct and c()(uplt-te. I d('daTe that ll1 real estate hIS bun rt'portcd II true mukel value. f>edaution of preparer other than the personal r('prt'8('nI.aUve Is ba!\Cd on all inromallon of which preptret hu any knowledge. ",::~;~9F Fn:s;~:"'~:~~~LJNO HlIllIRN '1Ot:(/IO~Ar~~HI'RI\'I1NrAT'VII ADDRESS 1527 Clnlly Court, I..akCWlXld, NJ 08701 ^PORll,.'l.~ S3 Well Pomfr<< Street, CArlisle, PA 17013 ",,"'-'ATll /1'0<.1/'(7 PLEASE ANS'ER THE rOLLO'ING QUESTIONS BY PLACING AN X INTHI APPROPRIATE SPAOES, YIIS NO 1- Did decedent make a transfer andl a, retain the use or income of the property transferred, X b. retain the right to deeignate who shall use the property transferred or its income, X c. retain a reversionary intereet, (Jr. X d. receive the promise for Life of either payments, benefits or care? . X 2, If death occurred on or before December 12, 1982, did decedent within two years preceding death transfer property without receiving adequate oonsideration? If death oocurred after Deoember 12, 1982, did deoedent transfer property within one year of death without receiving adequate consideration? X 3. Did decedent own an 'in trust for' bank acoount at his or her death? x IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. LAS'LHILL AND T~.~1.AM.ENT I, MARY E. KUTZ, of the '1'o~mship of South Middleton, Count of Cumberland, and Commonwealth of Pennsylvania, being of sound and disposing mind, memory and understanding, do make, publish and declare this as and for my Last Hill and Testament, hereby revokin and making void all former wills and codicils by me at any time heretofore made. FIRST, I order aDd direot that all my just debts and funeral expenses be paid by my Executor or Executrix, as the case may be, hereinafter named, as soon as conveniently may be done after my deoease. SECOND. All the rest, residue and remainder of my Estate, real, personal and mixed, whatsoever and wheresoever situate, I give, devise and bequeath unto my son, LANNY L, KUTZ, absolutely and in fee simple, if he survives me. For the purposes of this my Last Will and Testament, a beneficiary shall not be deemed to have survived me unless he or she shall have survived me by at ninety (90) days. THIRD. If my son, LANNY L. KUTZ, should fail to survive me, then and in that event, I give, d~vise and bequeath all of the said residue of my Estate unto my daughter.-in-law, VERONICA A. KUTZ and my grandchildren, TIMOTHY A. KUTZ and AMANDA A. KUTZ, absolutely and in fee simple, in equal shares, share and share F alike, If either or any of the aforesaid should fail to survive me, then and in that event, I give, devise and bequeath the share of the same who should fail to survive me unto those of them who rll.I.. Ptaatrt...I... "OIS WAY"" F, SH... Atton., .. lAIw . heth .MO'IIf Itr..t trUIS., P..N,..,..I, 1'011 shall survive me, ubsolutely Bnd in fee simple, in equal sharcs, share and share alike. FOURTH. I nominate, constitute and appoint ceNS DANK, N.A., to serve wlthout bond as the Guardian of any property which shall pass, eithe~ under this my Last Will and Testament or otherwise to a minor or to a person who is then subject to any other legal dis- ability whatsoever and with respect to whom I am authorized to appoi.nt a Guardian and have not otherwise specifically done so; provided that this appointment of Guardian shall not supersede the right of any fiduciary in its discretion to distribute such share to ti:le said minor or persons subject to other legal disability or to another for the benefit of the said minor or person subject to other legal disability, The said Guardian is hereby vested with the power to sell, assign, transfer, pledge, mortgage, lease, manage, control, retain. invest and reinvest the corpus of said guardianship in such securities and other property as shall be deemed prudent without being restricted to investments known as legal investments for fiduciaries under the laws of the Cornmonweal The Guardian shall have the power to manipulate e proceeds of the guardianship in any manner that will guarantee maximum conservation of the guardianship funds and the greatest production of income for the beneficiaries. I hereby authorize th to expend any monies from principal or interest for the beneficiaries that in the sole discretion of the Guardian is deemed necessary for their care, health, education, maintenance an general welfare; the word "education" shall be construed to mean a - 2 - 'I/' A.OI F, SII... A_II Low . ...... BIA"'" Itn.t .,U.l., Ptn..ri.....t. 1101 S pre-college course, high school education, cDllege education and post-graduate education. It is my intention that the foregoing powers may be exercised by the said Guardian without prior Court approval and without further responsibility to the beneficiaries, their parents or to any other person or persons, takini/, care of the minor beneficiaries. The age of majority for all purposes con- oerning this my Last Will and Testament shall be deemed to be the age of twenty-two (22) years. FIFTH. In the event that I should, by reason of physical or mental disability, become unable to take part in decisions for my own future, I order and di,rect that, whElre there is no reason- able expectation of my recovery from physical disability, I be permitted to die and that I not be kept alive by artificial means. It is my express desire that I not be permitted to suffer the in- dignities of deterioration, dependence and hopeless pain and that therefore, medication be mercifully administered to me only to alleviate my suffering, even though this may hasten the moment of death. LASTLY. I nominate, oonstitute and appoint my son, LANNY to be the Executor of this my Last Will and Testament; but if for aflY reason he should fail to qualify as such Executor or cease so to serve, then and in that evellt, I nominate, constitute nd appoint my daughter-in-law, VERONICA A. KliTZ, to be the Executrix hereof, each to serve without bond, IN WITNESS WHEREOF, I, MARY E, KliTZ, have hereunto set my hand and seal to this, my Last Will and Testament which consists 0 - 3 - /6--/7/-3 BUREAU OF INDIVIDUAL TAKES INHERITANCf fAX DIVISION O[PT. 1I06111 HlRR I SIURO , PA 17121.0601 COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE NOTICE OF INNERITANCE TAK APPRAISEHENT, ALLOWANCE OR DISAI.LDWANCE OF DEDUCTIONS AND ASSESSMENT OF T AK WAVNE F SHADE ESQ 53 W POMFRET ST CARLISLE PA 17013 DATE ESTATE OF DATI!. OF DEATM I'ILE NUHBER COUNTY ACN 07-07-97 KUTZ 02-08-97 21 97-0311 CUMBERLAND 101 (~'~-- *' UY.IIH 1M ~~, CII-tll MARY E [____:~ounl- R.~~ tt.~=-l MAKE CHECK PAYABLE AND REMIT PAYMENT TOI REGISTER OF WILLS CUMBERLAHD CO COURT HOUSE CARLISLE, PA 17013 CUT ALONG THIS LINE ~ RETAIN LOWER PORTION FOR YOUR RECORDS ~ REV;; i547 "EX "A pp" i bi";; 97"i "NOT i cniii - i:"NHEiiif A 'NcE - TAX - A PiiR -,.- i BEMENT -; - AL.l"liwAifc i'OR - - - -. -- -..... - _. -. DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX ESTATE OF KUTZ MARV E FILE NO. 21 97-0311 ACN 101 DATE 07-07-97 TAX RETURN WAS I I X I ACCEPTED AS FILED 1 ) CHANGED RESERVATION CONCERNING FUTU~E INTEREST" SEE REVERSE APPRAISED VALUE OF RETURN RASED ONI ORIGINAL RETURN 1. R..I Ed.t. (Seheckll. Al (l) 2. Stocke and Bonda (Schadule OJ (2) 3. CloaAly !iald stock/P.rtnership Inhrut (Schedula C) (5) 4. Hortgag4a/Hot.. R.ca!vhbla (Schadul. DJ (4) S. C..h/Bank Deposita/Hhc, Parsonal Prop.rb (Scheduh E) (sl 6. Jointly Owned Property ISch.dula F) (6) 7. f'-Hnef.... (Schedule OJ (7) a. Tot.l Au.tll APPROVED DEDUCTIONS AND EXEMPTIONS I 9. Fun.,..l Exp.ns../Ad". COlt./Hile. Exp.n... (Sch.dule H) (9) 10. D.bt../Hortgage liabilHi../U.ns (Sch.dul. I) (10) 11. Tot.l D.duction. 12. Net Valu. of Tax Return 13. Charitabl./GovernMent.l a.qu..t. (Sohedule J) 14. N.t V.lu. of eat,t. SubjeDt to '1'8X .00 .00 .00 .00 li903.81 .!l..!l.. .00 (8) 1,446,00 ,00 llll 1121 (13) ll~) NOTE I To in.ur. propar credit to your 'O~ount, lu~it thG uppDr ~ortion of thl1 forM with your tax p.y".nt. 1,903.81 1 ,44& 00 457,111 ,00 457,81 NOTE I 14, 15 and/or 16, 17 and 18 will r.turn. a......d to dat.. If an a.....m.nt was i..URd prDviou.ly, lin.. reflect figure. that include the total of ~ ASSESSMENT OF TAXI IS. Aaount of Line 14 at Spau..1 r.t. 16. AlIOunt of line 14 taxab1. at Lineal/Cla.. A rat. 17. AMOUnt of line 14 taxable .t Collat.r.l/Cl... 8 rat. 11. Prjncj~al T.x Du. TAX CREDITS I PAVHENT DATE 04-02:;g7 (15) (16)_ lln RECEIPT MUMDER AA185347 DISCOUNT (+) INTEREST/PEN PAID (-) 1. 37 .00 K .00. 457.81 K .06; .OOK.IS. (18) AMOUNT PAID 26-:TQ TOTAL TAX CREDIT BALANCE OF TAX DUE INTEREST AND PEN. TOTAL DUE .00 27,47 ,00 27.47 27.47 .00 .00 .00 . IF PAID AFTER DATE INDICATED, SEE REVERSE FOR CALCULATION OF ADDITIONAL INTEREST. IF TOTAL DUE IS LESS THAN .1, NO PAVMENT IS REQUIRED, IF TOTAL DUE IS REFLECTED AS A "CREOn" ICR), VOU HAY DE DUE A REFUND, SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.) RESERYATIONI PIJRl>OSl! OF NOnCE I PA'fflENTI REFUND (CR) l OIJECTlONS I AOftIN lSTRATIYI: CORRECTIONSI DISCOUNT I PENAL TV l INTEREST I ..... n r- H ~.~ '(-~!.y 11.l' . 'T' :-=~ "') '" '_:-' , I 0" !-'\ ,.:J! :.-:1 E.t~t.. of dloedentt cIY14"Jon or beforl D",llber 12, 1912 ~~ if MY future int.rll.t In tht ...t.ts II trtn.fsrrld In po.....lon or IMJOY.-nt to CI... I (collittrll).btntfloiarl.. of thl dtC~'nt .ft,r tht ,xpir.tlon of any ..t.ts for lUll or for y..,.., thl. COlllltOnwI.lth h.,..by ,xprellh r8lllrve'- the right to appraln and ......1rtnllf.r Inh,,.hDnCl' !ex.. .1 the lawful Cia., a (ooll.t.rell ,..t. on .ny luch futura Intlrl.t. To fulfill thl ,..qulr...nh of Seotlon ~140 of ttw IrmsrUlno. and E,tate Tax Aot, Aot 21 of 1995. (72 P.S. Station 9140). Detloh thtl top porHon of thAI Hotlee .nd .ub.it with lIour pay.tnt to th61 Regl.ter of Willi printed on tht rtver.. lide. -"HI'" check 0,. .onty ordsr payable tal REGISTER OF MILt.S, AOENT . rlfund of a tax crllCl1t, which WII not requ..ted en thl Tax R.turn, ItIllY bt rtqullltld by cDqlllHna an "Appllcltlon for Rlfund of Plnn.ylvenl. Inherltanoe and E.tate Tax" (REY"lSll). Applloatlon. are available .t thl Offlo. of thl Rqhttr of Wlllt, any of thl 23 RlvlnulI Dlltl'1ot Offill", or by oalllng thl ,plclal 2l\"hou,. InlWlrlng ..rvlol ~r' for for... ordlr1ngl In Ptnn.ylv.nla l~aOO"36Z-Z0S0; out, Ide Penn.Y1vanl. and within locII Harrl.bUrg ar.. (717) 781~ftO'4, TOO' (711) 17Z~225Z (Hearing I.palrad Only). Any pltrty In Int.r..t not .,thUld with tM l!Ipprah"..nt, allowanc8 or dhaUowence of doduotions, or ......unt of tax (inoludlng dhcount or Inhr..t) n. shown on thAI Nutlc. lIU.t obj.ot within .hcty (60) dlY' of rlcelpt of thh Notlo. bYl --wrUtln prot..t to the rtA n.part.,nt of R.venu., 80.rd of Appeall, Dept, 281021, HarrhbUrg, PA l7Ue-10Z1, OR ..electlon to h.va tne .att.r d.tenlined lit audH of the account of the p.rlan.l rIPrtt.ntatlv., OR ..appeal to tho Orphan.' Court. FlOtu.l .rror. dlsoov.r.d on this ........nt .hould b. .ddr....d In writing tOl PA Dopert..nt of Rlv.nu., BurlllY of Indlvldu"l Tax.., ATTHl l'Io.t ."UIIII."t R.vl.w Unit, O..pt. l80601, U.rrhburg, PA 17128-0601 Phone (717) 717-6505. S.. pagl 5 of thl bookl.t "In.tructlons for Inh.rlt~. T.k Rlturn for I R..ldtnt o.c.dent" (REV-lSDl> for 8n 'MPlan"tlon of .tIIIlnhtretlv.ly corr.otahl. Irrors. If ~y tlX due II p.ld with I,. thr.. (1) calendar lonth. after tho dec.d.nt.. death, 81 flv. Plrc.nt (SiC) dllcount of the tax p.ld 11 allowld. Thl 15:< 1Ix ..n..ty non-p.,..tlcipatlon pen.ltY II co.puted nn tho total of tt1Cl tax and tr.tlr..t 1I.....ed, snd not paid before JllnUary 18, 1996, the flt'st day afhr tho .nd of tht tax ..n..ty pflrlod. Thh non~Pflrtlolpation plIoa1ty II app.alablll in the .... 111I.nn.r and In the the .... tI.. Plrlod al you woold .ppGIl the taM and Int.rut thllt ha. bMn ......1Mt I' Indla.tad on thll notice. Inbr..t 11 charg.d b.glnnlng with first dilY of dtlllnqu.ney, or nine (,) loot!1I and one (1) day fro. the dati of dlath, to th4 date of p.Yltnt. raM.. whloh beo~ d~llnqu'"t b.forG January 1, 198Z blar Int.ra.t at the r.tl of .hI; (6:C) p.rc.nt p.", .nnuI calaulatwd .t a dnlly rat. 0' ,000164, All taM" whloh boa... d.1JI'~t on and Ift.r J.nulry 1, 1912 will b.ar Int.r..t .t . ,...t. which will vary fr~ calendar Ylar to c.lend8r y.ar with that ratl announced by the PA Dlpart..nt of Rtv.nu., Tha applloabll Int.r..t rat.s for 1982 through 1997 ar.1 '!!!! Interut R!.!! DallY lnt.r.st Faotor :!!!r Int.r..t Rftte DailY Int.,....t Faotor 1982 ZU:C ,OO1l548 1987 9% .000l47 1981 16;( ,OOllU8 1981~1"1 11% .000501 1914 11:< ,000101 1'" 9X .00U47 1915 15:< .000156 1995'1994 7X .000192 1914 lOX ,DOOl14 199!i-1997 'X .000Z47 "-Int.r..t II olllouht.d .. followll INTEREST . DALANCE OF TAK UNPAID K NUNDER OF DAYS DELINQUENT K DAILY INTEREST FACTOR --Any Hotlol Issued aft.r the taK b.co... dellnqu.nt will rlfl.ct an Intlr..t c.lcul.tlon to flftlen (15) day, ~yond the dati of the a.......nt. If pay..nt \. ..de aftlr thl intor..t cOlputatlon d.t. shown on thl Notlol, additional 1ntlr.st MU.t b. a.loul.t.d.