HomeMy WebLinkAbout97-00922
, ' " jl ,I II 1111, I ,', I I 1:11, I Ii' I ' ., ' I I' I 'I I 11'1 ! I ' ! 'ir 1: I III ,I :
I", ,,' I' 'I" ',I'" ' II, I ' " " ", ,1'1" '" , ,!II'I' I , ",' "I, 'i' il "I I I
' I ,'j I, I I I I I I I I
I I ", , "" I' I' I, , "I " :' , III ' ~,lr~1...9~~ II' I' I ' 'I"" , ,1,1, 'I "II 'I '
' , I I' 'II ' , , " ,I , I' ,
I, ) 1'1 I, I I, II' ,1, I II , II I ,,11)' L , 'I' I ,. I ,I 1'1 I 'III
' I I I 'I II I I' II I I I II I, "1 " I ,
I 'II I, II i I', II I I J'I ' I I I, I I I III J I fI 1 'I, 1111' J )", I I I:
,', I 1'1 1'1', I" II I":' :1 ,I I . 11" ,I I "I' 'I,
I ,I I II I I II I'll ' "i II 'I; II Ii I ill'" II II III\! "I 1 I
I' I I J II "J I ' ,I , 'I')" , II'" I 'I I II I
I' ' ,'I" I' 'I' " , "" '," 'I, 'I,' II'" 11"11,11'11 I' 'I"
III " ! II 'I I',' I I " I, I I ,,' I" , I 'II ,I I'
I II ",11"1 :11 j III II j I" "I' III ,I "I I 'I 'I I, dl I ",' ',I ,I I I, I I : 'I I II I, II 11'1 'I "I
I I III 'II ,,' , 'I I I I, 'I I" ' I
" : II I I 1111' 1'1 III '; 'I I' ;11, I I II I, I : I', I r III' I I' I' I r, 1,.11 I 1:1 I:
I' I 1 I I " , i', 1 ,I, ,I, ' I ,I, II I I I!I"'IIII I I l
'I ,,' ": ,', I ,',I I' II ,,' ,I '11'1' I ,'III, '11'111 ""II" I"""" 11'1' t I ""
11,1 I ,I I 'II I ' , I II I II I I ' I' l ,'" I
I' II, I 'II I ' ' 'II I, II I ' 'i' I I '>I" , II lI' I " 'I' I ,,' I'll "I
'I I ,I' I II I I I" j ,,' " II I L 'I' " " I" I I I
,I' I" ;', "'I I 'II'" 'lill, ",' 'II' ,I , I 'i "I "'! 'I"'" "1" I ,111'1 '"I, "II ,II, "
'I ' ',I I j , , , II "II I,
III " ,I, ,I I " I i I: 'I ,:' I' "'" ' , I I ,,' , i 'I I ':" I " ~' ,',' " I , ' , II I II , I ,I ' I' I , ' !' , ' , '
: I ;" ! I! ;, I ! I I 'I 'I' II'" 'I:' ':,' , ' 'I I' ,I ' ,I: 'I ~ I' 'II " I: II -: I' ',, I,' " , ",I I :' I I,' 1'1111 i! I I, II' 'I I " '
'1111" 'I 1'1,1", , I'll, ,'I ' " , ' I' 1'11' "I I'
, I" ":1 '11'1 '" ,,: ," , 'I I ,I' "I I II ,11,1 ,I' ,Ii" ",1' "III 1'1' I II', ,
,,1:1; :11 :I'II'! I,; i"'lli ",' I, 'I ,II, Ii ,I ; 1,"'111' ,Iill:, Ii ": "1,1 i':' , i 'I,; 111:1111 I III ,Ii il, " '
,t I' III' I I "I' I III 11'1,' ",' ',1"1' II ""I"'" i ,,':', I, I", ,III'" "" 'I II!I'I'I"IIIIII' '1'1' , '
'I 'III' I I ,I 1 , II ,I I I I ,II 1'1 I I II, I ' I I ' ,
" ",' 'II ", 1,1," 1 'I"l,,' I', ' 'I " '1" ",, , "1"'11,'1 'I' ',"" II, " , ' 1':11"" II 1'1' 1,',11"'" , ,
II' II ]1 I 'I' r I 'I' 'I 1 I, I I " , 'I' "I 'III' I ,
III ' ,I ' : " I' I. , , I 1 "I :' I ,,' I , " , " I ii' ,I: I ", I ~ 'I ! ,': I II ' 'I 'I : I I, Ii, i Iii : I ::: I I,I , , "
::[I::::ill,;:: il i:: I: ;:!:il :il::111 '11:, i:, ili!'1 ;;";! I ; ii ii' 111,j:I::;';, i! I:,: I!I I:: ;;;::i;i ii 1,'1111'11:11,,: I,!' Ii 11;:11',::::,. ,
11'1, : : I ! I 'I ' I' I ! 'ii" ii' I I I I I : ,I I I I! 1 I " I i III , : I ~ I I, I I, I: II' II" II' i' ,III I II, I ' i, ii"
II ""111 'I I' 'II ' ,,,,, :::'11 :, I III' , : 1IIII11 i11','II, I, "I I I I'IIII!, ',II II if II, II; 'Ii' II
I"!!I' 1.:1 ,II'" III, i I,::' ,; I: :111 I';'" '1:,111'1, illllll i 'II Ii II: 1::1 III li,,11 ! "II I': " ,,:111": I' ,',
! I,:; I: I, 'iiJ: i ! Ii!! 'I ,I i i i i: ,: :! i: ! I !: I: i; !: i!! I: I :11 :1 i I i!l! .11! "illl ! il,: ,I::' i:1 i !: i: II i II~ II!:'I ! ili 'i' I I:: "I I:, !'Ii : i I :"
111111i:1 '11111,1 II "11,,1111 ,:I'i I: I'. 1,11,1' I: ,I: I'll, '111i 1,11,1 'I, 'I:: "'111"11111;' II: I.. lill, 'I,ll,
, II 'II 1,1 i' : III , I ~: III: i I I I " ':' " 'I" ',,, ' , ! I I: I ,Ii 11I11111 'I I i II II ' ill' I J ; I: II I '1,1' iI,: I
II' II I ! i 'I ! (i ,; , ~ ii' III : : i ! III I I !,: : I : I III I ! I i II ' , I, III' I: , ! II I 1 '! II , I I' 1'1' I I : :, 'I: III II ' I !' ,
i; I!',I :!; 111,1 :llil ::1::::,: 'I ::'1111:':; il!: ,i :III::!'II,: Iii I ill!)I: !!11':11 11:11'1'11:11.; Iii I: II ,~ ;' I": 'iWI":; ::
'11,':1,11 I' Ii III 'I' II' Iii:: ,I' III' II ill:' III I.!I:: 1'1' 1',1"11" :1." I: :,:./ 111'1I II 11,'11 ' I: I' '1'1',1'1' ,
, 1'1' I 'I" II' "1'1, ' ',," II , 1'1' II "I" III 1,,1,111' :', II 1'1' I 1'1' I " II"
, , III II I' 'II I I I III I, 'I I L I I" ' 1 "I" I 'I ' "I I I" I' ,
Ii',: ; I'I'" ~ i I I' ,I' 1/ ,I ill,: I tl ',i Ii, I I I II II' I I, II,': I,: 11:"11 'I ii' I I,: ,", I :': ': I~: 'I I H ~: I
I' I' II ,', I' , I, III, II' I ' , I ' , II II ' I I III' : I II11 I' i I II"" I', 'III III , I' 'I I ~ I !, I I'I
III1I Ii: ,il' : I !I!; 'I 1,,1 I; I ;'11,: I: :! II !,illllill !I' I!I i,'II' "I; III illl',:IIII!1 ,I ,: ,: II "'lllli ,II
II ! III li'l' I I!I III ,11,:1 ,III i 1'1'11,1 i' ! I '11111 1'1 ! 'I 111;1 II", I 1,1 I1I1 Ii 1'1111;1'1 " I I" ',I II" 111'1
I," 1'1 '"1111'1 ,11""'1,' 'I,', ,'II, rill I "II " 1"1 I, 1"1'" "i' ,"I
I', III' I I ,: ;: ill' , II I: i., ii' Ii 1,[,,1 i I II I I I' II : 'II 111"': I ! I' I 'I' I I'; 1,1 II' "11,111 ~ "I:" I,; I ::,','
, I 11II '" ',' I' 'I I ,I , I' 'I 'I, "'" I 'II' I'" ' "
! II" I " I ,II " 1'1, I II, 11::11 ' II,,: I I " I ': III, ill "11"'11,1 1"1 ' 'I ;: " 'I'! I "
I' ,,f' II "'111"1" "III';" ,1'111' I' I, ,1",1'1 I ,',ill 'I i 1,1 1" 'I: 'I'll' 1'1'11:1 II 'III" ; II' ,
I', 'II II ',, i I "I :,1 ", 1'1': I :1, 11111 i IH '111'11" 11'11:,1 '1'11',,11 '1"11,1,'11'1,,' I, ,: I': '
"I I "I" I' II" " ',' I' ' '1'1" I " 'I:' 1'1'" I I'
'I : I 111:1 : !,I/ I .1 '::, :!,I:! "'[; I'il: 111:::,; : ,'11::'1 II' !III'I:: II '11"1 i:1 "'1:11,1.,11"'1 , I, : II" I:"
I', II 'I 'I 'II, "',' 1'1" ",' '''I I I" "',1'1" II,' I, I' 1'!oI 'I "I I';','
I : 'I' Ii! :" ! I I !' ,II I : : ' ! ' I : "I ,'I ,I !!' i ',' ' II ~ I I ': I ','! ' : ,1: ii' i I: I,: II ':1 I, I' I '
II :,ik":' ,IH 1",::",1,' :1 'I',,' I,!, I', 11:",11 I1I1 ,I" Iii, '11';111 ; 11"11
'I' 'I"" " I "', , I' 1"'11', 'I, " ", I, ': I" : ,I, 'I,l'" '1'" I 1:':11,' 1111";11, 'I : II' ,I"l'
I ' , " , ' I' , 'I '" "I " ',I I 11'1 " 1
,,' '" I' I' I1I1 "I ',", ","1 'II II' ", II" I !I," I, , 'I' 'i 'I' '''1'1 I I' III! I' lil',II,
11 I I ' I'll I' I' II I I' ,I I' I' I II I' j 1 I I' 1'1 1'"
' I 'I, 'I" ' , 'I' , ":1 ", 111,,1,,': I, " i'l "III 'Ii II'" i ,,','" ,I ,! I II "II 'I 1 III
III I 'I I ,I I,: I II I ,I I I "'II I, I '1,1 I 'I 11 II I !
,,,,, I 1'1 II' ',' ", " 1'111' 'I:' ,I 'I" ", 'I '" I "'I 'II 'I I "1' 1"111" ", :'11"
"',, "", ,,' I' 'I, 'I': ',i 'I I ' I I 'I' "I'
I II, I I, 'I II : I )1' III III:' 11"11 I ,,:, II ,I ,,1/1 II 1111,li 'II! II' ,I I I" II ,[ "'Ill I :11,
11,1, I 'I'" 1'1" ,I', 'I, ,I I I ' I II!i I i,l I
",':; ,1 II I I' I I' I ': d 'I " 'I III I II ,I I,' I " ' ill II II :' II 'III P I I, I I '!, I III ;. :11
, " , " , I ' I ", " ' " '" 'III"
I'" ,I,,! '," I'" " II, "" ': ,! I'" ,,' ' 1,,, ',I' '1'111"" I"', I"" I" I'll' ',11"'1,,1" II
I I' ,,' I" " I ' ",,,, 1'1' I "I '
II I, I I I I :' ',' 1 I" 'I I' , I ': ," ': 1 J, I I: I I : ;' I I I ,I : I _ : :- _ _ ~'i i ; . [ : Ii: I _ I I '! : I I,,! I ~ I ' , '
:'1 "':' I! I 'I, , '1'1' :'1,' 11:11' I', :11 I',' ;lill:! ", ',!IIIIIII )I,JIII ,I "
I ,I : I II, ,11" 'I '_ "I, ' -": 1'1, I; I'. I - -' ': _ I I ' !,!':' I',
';, 'I , ,,' , "~II', " ' "I' " "I' ,'" i" "1",, i I' 11"1 ,I 111'1111 i':1
' - Ii;! I : J " ' i ' ! I I , Ii' i I -, I : ' , ,!', II,', ~ ! i i i 1'/ ! II: "i ' 'I i il I ; ;: i : ~ ]1" I i I, I:' ~
' ': r ' ',I -: " , :, _, ,
"
whether in principal or inoome, shall not be fJubjeot to.
voluntary antioipation, enoumbranoe, alienation or
assignment, either in whole or in part, nor shall any
suoh interefJt:s be subjeot to any judioial prooess to levy
upon or attaoh the same for or on behalf of suoh
benefioiary's oreditors or olaimants while i.n the hands
of the Exeoutors or Trustees.
e. I further authorize and empower my Trustees, 'at
their sole disoretion, to utilize any assets from this
Trust for payment of any and all inheritanoe or estate
taxes.
II'OQ~THI POWIIlRS 01' TRUSTBIDS. I hereby authol:'!zeand"empo\oler ,my
said Trustees to hold, oonserve, manage and dispose of any and all
property forming the above oreated Trust, without limitation by
reason of enumeration, and in addition to any other powers
oonferred bY law, as follows I
a. To retain any or all property owned by me at the
time of my deatq in the form in whioh it then existsl to
aoquire by purohase or otherwise, and retain, temporarily
or permanently" any k.ind of realty and personalty"
inoluding stook"" undivided interests, interests in
i,nveliltment .trUllts, mutual funds, legal and d~soretionary
oommon trust funds, leases and other property, all
without diversifioation as to kind 9r amount and without
PAGE 3
limitation to investments approved by the appUcable laws
for the investment of trust funds, including the
disoretion to retain as an investment any obligation or
obligations owing to me ~y any corporation in whioh I
have a stook Intereat at the time of my death.
b. To hold two or more trusts or other funds in one
or more oc;msolidated funds, in which the aepal7ate trusts
OJ;' funds shall have undivided interests I funds from the
two trusts, oreated above may speoiHoally be oomingled.
c. To borrow from themselves or others and pledge or
mortgage any property for. the payment of any taxes ,
debta, expenses or any 9ther p~lrpose whioh in their
opin:l.o\1 will facilitate the administration of the Tt'ust.
d. I direct that all stook dividends, all rights ~o
subsoribe aooruing on or inrespeot of any seourities
held hereunder, all oapital gains distri,butions on shares
of mutual funds and 1111 liquidating dividends shall be
treated &1;1 prinoipal, all other oash or stook divident;1s
shall b~ treated as inoome.
FIFTH. RRSlbUR OF BSTATB IF SPOUSB fRBORCBASIS HI ~ In the event
my wife predeoeaees .me, I then give, devise and bequeath all the
rest, residue .and rema:l.nder of my estate as followSl
A. FIFTY THOUSAND DOLLARS ($ 50,000.00) to my daughter,
SUSAN BRANDT KALODNERI
PAGE 4
"
,
limit:ation to investment's appl"oved by tll", applioable laws
for the investment of!. trust funds, inoluding the
disoretion to retain as ah investment any obligation or
. , ,
obligations owing to me by any dorporal:ion in whioh I
have a stook inteJ;'esl: at the time of my death.
b, Toholdtwo'ormol;'e trusts or ather funds in one
armore oons,<?l!dated funds, inwhiol1 the separate trusl:s
or funds shall have undivided inl:erestsl funds from the
two trusts ,ol;'eated above ril'ay speoifioally.be oomingled,
0, To bol;'l;'ow fr'om themsal vas c'rothers and pledge or
lj1qL"tgage any. property for the payment of any taxes,
debts, expenses or flny other purpose whioh J,n their
opinion will' f~cilit:ate the administrationo!!' the Trust,
d, I direct that all stook dividends, all rights to
subscribe accruing on or in respeot of any seourities
held hereunder, all capital gains distributions on shares
of mutual fundf;l and all liquidating dividends f;lhdl be
treated as principal, all othar cash or siock dividends
shall be treated all ino<;>me.
FI~THI RmSIDUR OF ESTATE IF SPOUSE PREDECEASmS ME - In the event
my wite predeceases me, ,I then give, deviseancl beque!i\th all the
rest, residue and remainder of my estate as follows!
A, FIFTY THOUSAND DOLLARS ($ 50,000,00) to. my da~ghter,
SUSAN ~RANDT KALODNERI
PAGE 4
DIANE G. RADCllPP
3448 TRINDlE ROAD
CAMP Hill. FA 11011
PHONE 11111131,0100
FAMILY AGREEMENT
THIS AGRBlBlMlllNT made and entered into this eerl day of tll..'il/~('r1btt,(?.
199B by and between SUSAN BRANDT KA~ODNER and JAY H. BRANDT, JR.,
in t~eircapacities as Executors under the Will dated October 16,
19!17 of Jay H, 8randt" Sr" Deceased, as Trustees under the
Testamentary Trust set forth in that W:L1l ("the Trust") and as
residuary legatees of the Trust (for purposes of this Agreem~nt
when they are referred to in their fiduciary capacity as Co-
Executors, the term "Executors" will be used, when they are
referred to in their fiduciary capacity as Trustees, the term
"Trustees" will be used and, when they are referred to in their
individual capacities their, first names will be used) and TI~tlEN Q.
BRANDT, in her capacity as wife of the Decedent and beneficiary of
the said' trust (for purposes of this Agreement she shall be
referred t6 as "Tilden" in all capacities,)
. WITNESSETH
WHEREAS, JAY. H. BRANDT, SR, ("Decedent") died on October 20, 1997/
a resident of Newville, Cumberland County, Pennsylvania, leaving a
Last Will and Testament dated October 16, 1998 (hereafter "the
Will") I and
WHIIlREAS, The Will was admitted to probate by the Register of Wills
of Cumberland County, Pennsylvania on November 24, 1997 and Letters
Testamentary were issued to Susan Brandt Kalodner and Jay H.
Brandt, Jr, as Co-Executors; and
WHEREAS, in the Will, the Decedent left his entit'e residuary estate
ij
,. j,
in the Eatate and Jay agrees \:.hat the written forgiveMSS of
add debt executed by the Deoedent shall be deemEld terminated
'I
,and null and void and that he ahall, not be entitled \:.0 olaim
and rights or benefita under said ,writing, Jay further a~rees
that he Ilhall' repay Jay' sMortgage r..oan to the Estate,
assignable \:.0' Tilden in accClrdance with the terms' hereof"
I,o/h;\.ch payment shall be made ,in accordance with the terms of
the not~ and mortgage securing Jay's Mortgage Loan.
3. The entire residuary estate of the Decedent comprised of the
assets set forth, onE:xhibit "A" I remaining a,fter payment of
the lai:lt debts, administration expenaes, funeral costs and
taxeS! I shall be paid to Tilden,
4, SuS!anandJay hereby Waive a\W and all ,interest they may have
in the Es\:.ate and hereby direct' that all said interest shall
be paid to Tilden.
5. If it is determitted necessary or advisable to fund the Trust
,
as p~rt of the Estate administration, the parties agree that
't;he Trust shall be funded and, upon the fundin.g the Trust
funds shall be paid in fUll \:.0 Tilgen either immediately or in
such installments as she shall direct. If any funds' remain in
the Trust upon her death, they ahall be paiq to her estate and
distributed to her heirs as provided for in her will, Susan
and Jay further waive and renounce in favor or Tilden any
interest they may have as residuary beneficiaries of" the
Trust,
I)IAN&a, RADCLIPP
3448 TRINDLE ROAD
CAMP HI~~, PA 11011
PHONE 1111)13700100
PAX 1111) 915,0691
DIANE G, RADCLIPP
3448 TRINDLE ROAD
CAMP HILL. PA 11011
'PHONE 1111) 131,0100
PAX (1111 916-0891
($,
W~thin thir,ty (30) days of the date of this Agreement, ,Jay
shal'l cash in the Met Life Annuity Contract No, M9t2:3752
(heredter "t,he Annuity") and withJ,n fUteen (15) days of his
receipt he shall pay to Tilden any and all monies received or
capable of being received by him under the Annuity purs\,\an~ to
the Assignment previously e~ecuted by him and Tilden,
provided, however, that Jay shall be authorized to deduct from
said payment the estimat~d amount of any taxes payable by him
,
as the result ,the reporting of his receipt of the funds from
the annuity on his applicable tax returns, ~pon the filing of
the ta:x; returns reporting saidpllyment Jay shall provide
Tilden with copies of said tax returns t,overif:( the amount of
that deduction and shall pay to Tilden the amount of funds so
deducted in excess of the amount of the taxe,s reported on said
tax return,assooiated with the reporting of the Annuity,
7,
. , .
The partie~ hereto have artd,do hereby mutually hereby remise,
release, quitclaim, aryd forever discharge the other parties,
or their respective heirs, personal representatives,
,
SUGlcessors and assigns from all claims. demandsi' liabilitias,
aotions,oausea of action, s\,\its, debts and contracts, of any
'nature whatsoever, both in law and inequity, partlc\llarly all
claims ariSing out of the distribution of the Estate, except
for such rights and obligations arising out of the agreed upon
E,state/Trust di~tribution al1d Annuity distribution set fO,rth
herein, which against any other party each may have or now has
from the beginning of the world to the date of these presents,
B,
The parties hereby agree to, indemnify and hold harmless, the
COMMONWIALTH Oil PlNNSYLVANIA
COUNTY Oil CUMIIRI.AND
}
"'
DIANE Oi RADCLIFF, ESQUIRE,
. .__~__....__ ,.. .........._ _ .,.....,_~->..........._""-._... ... .",,",'__ ______~.___--, __~______.____~_.o"'~-----.~-.......~_......._ __~___.____.-.-------_~~..----~~.... ____H
bolnv ~ulV __.llQrn....,,~_~,~_ aooordlnv to law, do po.., and ,av, that She .A..thi1..At.t.Qrney~..__. __d~~'
__;__~__"____...._......._._..~.____,___.m... of thoe,tate of _._J.~___.__..______
lete of ~.J:I,wv.U.11J.. ' ,.. ' m..,' .._____._,Oumberland Oountv. Pa,. deoemd .nd that the
wl,thlh" .n Inventorv mado bV ....D.1An!iLQ...JlaJ1Qlu:'/...lig\lh::~_ _....m__;-__I the uldAt.t.orn!1Y~__
of the entlr. ..t,te of uld deoedenl,ocm,I',tln\l of all tho per'onal prop'urtv and rul ..tat., e~oept rul "t.t. oUlllde
the Oommonwulth of Penn,vlvanla, and that the flvuru oppo,"a .aoh lI.m of tho Invantorv repruenHt', fair value
u of the dete of d..edent', duth, '
vIJ .I ~ ..J'.A..A -'"
and Iub,orlbed belora me,
~
'1??4"'~' 1.1 19 9?
,
,..{04:hiA-tl1) (?f?, A~~~~/ '
Notarial Beal
,OeborAh L; Oonley, N, olary Publlo
OamP Hili Boro Oumber and DQunlv
Mv ColnllllalOl1 ex~lrAa Bo~t, 23,1999
Dat. 'I~ "be~I~~IV11,il" ~';~OClaIlW~~~~~__.____~t.o_~..::.._
, Dey , Month
Dl
A t.orney for Est.at.e
'344BTRINDLE'-ROAD .._--
CAMP HILL, PENNSYLVANIA 17011
"ddr'lI
1997
v,., ----.-
, INSTRUCTIONS
I, An,lnventorv must be flied withIn three months after appointment of personal repre..ntallvo,
2, A supplement Invontory mull be med within thIrty day' 01 discovery of addltlonelu,ah,
3. AdditIonal shu" movb. atteGhod II to pmonallv or realty
4. Soe Arllola IV"Plduolarlu Aol 01 1949,
,~ ~ ~ ' 1
~ B! lil I J I f
I ~Ir j i
!
.
tIl
.
I":l ~
J
~
,.,. :3 ~ 1
PAYHEHTI
lltIlOClh'lho 10f' portlon of Ihlo HoUoo ond .\lIIoIl with your p.v..nl .odo p.v.bl. 10 tho n....nd .dd"..
printtd on the r.~.r.' tide.
If HUIPllHI PllC!llIlHI ook. ohook or ,onov ord.r povoblo to, AftOUTBR Of \flLL8, AOftHT,
If HOH'RUIDIlHI DIlC!D!HI o.k' ohOok or o"".v ordor p.vobl. tol Cot1llOH\fEAL TH Of PENN8YLVAH1A,
R!PUHD.tCR11 A rofllrld of 0 to. orodlt, ""Ioh '0' nol """..Iod on lho To' R.lurn, o.v b. "qu..l.d bv o_I.Una on
".Pl'll1oIUonfar' Refund of P'M.~ly.nl. Inheritanat ind ElbhT'IC"'U~6Y"U1S) I AppUaaUon. Ir. IyaU..,I. ,It
thlt OffSot of the RI,htlr of Wll11, an~ of tht U AIVI"U' Dhtrlot"Offloll or fNNI the Dlpart.,nt's ~".hour
~'N.rlnt ..rvl01 OUIbtr. for for.. ordtringl In Plnnlvlv.nla 1..aOo-a62-2010"out,ldt Ptnn.vlvanlllnd
wHhln 'Clolt H.rrllbur" ar.. (11n 187..8094, Ulry1CJtlI fat t.~p.v.r. 'wlth .plalai h.-rlna .net iP..~lnll
nood', l-aOO"~~7'S020 III only),
REPLV TOI Qu..Uon. rigtrdl"g ,rror. aon1alntd' on thh noUol ,hould b. .ddt....d \ell PA D,part.,"t of Alv,nue, au""',u
of lndlvldUlrhMII, AllNI POlt AII.lillant Rlvl.wUnlt"OIPt. za0601, thlrt'llhur,,, PA 1112"-0601. phon.
(717) 7a7-UOB,
DIBCOOHll If"'~ tlM dUI h paid within thr.. (S) oallndar - 1I0nthl afttr tht d.e.dlnt'l d.ath, a fly. p.rolnt (HlO dilOQunt
of the tlX plid h ,now.d.
PlHAL"!'VI Th. lHY.' tlK Hnlltv non..p~rtlo1p.tlon - pon.l tv 1. oOllputod on thl' total of thl- 'II< end htt.r..t .......d.,~ - and not
paid b.fure J,"u.r~ 16, 19~6, thl flr.t d.~ aft.r th.-Ind_of th. tax a.ntlt~'ptrlod.
, .
IHTltMI!.8T1 1nt.rllt 11 aharaed b.alnnlng wUh Ur.' day of dlllnqutneY. Dr ninl (9) ..onth.- and unl U} dav froll thl data of
d.ath-, to the date of pIVII.nt, TIX.. whloh bIO..1 d.Unqulnt" btfortJanlllrV 1, 1982 blar ''',ter..tat thl ,.I,,'of
.1M (6Xl plrotnt plr ,ntiWl o.loulllt.d at II d.Uv r.t. of .00016~.,j All taMIIHthlah blo..' dl,1-1nqu"nt on'and ahlr
J.nulry 1, 1982 w111 bOlr lntlrllt a,t . ratl!l whioh NUl yarY frail o..~.nd.r v..,. to ,IJll.nda,. ~~." with t~_at rate
Ilnt'tou~o.~ b~ th' PA DIPirt,lnt. of 'Rove""JI. -1M appUoable Intlr~.t r.to. for 1982 throuoh 2DOO .,.1'
V'lr 1n-t.rllt Mate baUV lnter..t rlotor Ve.r Inter..t Aate Oalh' lntlr..t Factor
- -
19a2 lOX ' oooa~a 19a1'1991 11:0: ,000101
19a1 UY. ' ooo~sa 1992 9X .00a2~7
19M llY. ,000101 199H 99~ 1Yo ,000192
19a& ISY. ,0001&6 1996-199a 9Y. ,OOU~1
1916 10:< ,OOU7~ 1999 7X ,000192
19a7 9Y. ,000247 2000 ay. ,OOOU9
"-Jnt.r'lt II ollaulltid a. folloWI'
IHTBRBST . &ALAHOB Of TA~ \lHPAlO ~ HU"8BR Of DAYS OBL1HQUBHT ~ DAILY IHTBRSBT PAOTOR
nAnv MoUo,hllttd aft.r th. taJIC bloo'" 'dtUnqutnt w111 ",Ulot In lnttrllt,oa10U11Uon to fift.ln n&) day'
b.vond th. d.t. of the ......"ont; tf p.v..nt II ",de .ftlr tho tnt.rlst oOllputiUon data .ho"" on thl
HottOI, additional Inte"l.t .u.t bi'oalou1atld.
"
, PAYI1EHTl
V.h.h Ih. IC!l' porll.n .f Ihh H.II.. .nU .uh.11 Hllh ,.ur p.,..nl .ou. p.,ohlo I. Iho n,"' .nu .tlUr...
prtnted ooth. r.v.r.~. .td'i
.. If HUIOa"1 OHtHlIIl"1 I.ko ,h..k .r ..n., .rdlr pov.hl. 101 RaoUTaR OP WILLI, AOBHT,
~_ If HOH-HUIDllHI DHCEOEHI..kl .h..k.r ..n., orU.r p.,.bl' I., Cj)HHOHWBA~TH OP paNNIV~YANIA,
REFUND (tRU A -refund of . tlM oredit, whloh WI' not t,lIqUtlted Dn the TIW Rlturn, MItV bt ...qullttd by aOlpleUn,an
'"APPIIO.llon f.r H.lunU .f P."""lvonl. InhorltOl\O' onU H.loto ,IOK" (REY-IIl!), Appll.oll.no or. 'VolI.bll .1
Ih. Dlfl..'.' Ih. Roghl.r .f HUh. on,.f Iho U H,vonll' DI,trl.1 Off I... .r fr.. Ih, Poporl..nl'. ..-hour
....~w.rltll ..rvI91 for for., ord.rltl_' H'9~"S6l.ao&O' ..rylall for tlkplVlr. with 'Plola.- h..rlng andl lir
,...klna no.UIII-IQO-..1-SDao (If .nl,),
AEPLV 'to, Q\lt.\hm. r."ardlna Irror' cont.lnld on thh noUol Ihouldbl addr....d tQI PA OtPftrhllnt o'f R'YlnUI, But..u
of Indlvh'ull tftWtl, ATTNI POlt A.......nt ReYII" Unit, PIPt, aa0601, llerrhbur81 PA 17118-0601, phone
11m 111-6100.
DUCOUHT' If IinY tlM du,h p,Idwlthln three (3) ollendar eanth_ eft,r thl dlcildent'. duntl" . flYI ptrclr,t (8)0 dhCfDunt
of'the taK p,ld 1. .llo~.d.
PHMmY,
Thl UiX hue IInt,tv non-partlolpation penaltv 11 co,puted on the tohl; '0-. the tBw and tntlrllt .......d, 'tOdnot
Plld b.,or. J~u.rv la, 1996,thl flret dav aftlr thl Ind of thl 'tIC IlIn"tv pirtod,
IHTHREO"
InUr..t 11 ohlirlltd b.~llinlng with flrU da\f of deUnqUlnov, or nirlt (9) .onthl and on,(t) d.)! fro. the dlt, of
dilth, to thl de'. of p~y,.ntt Tlx..;whloh bIO." dtllnQUtnt blfor, Jlinuarv 1, 19A1bl.r Int,r..t 11\ .hl ntl of,
,1M (6Xl ~'rotnt plr .nnu'. olllloulahd at. daSb nt, of .000164, AU tlwl.whloh blo... dlUnqulnt on and aUlr"
J,.nUltlf)' 19le will b..r tnt.rut It" rata whSOh wHl yarV fto, oalendar vaar too.l'ndlr VUt with thlt nt.
annouootd bi! \ht,PAo.part..nt of R.yenu,. Thl ilppllaabll Inter.,t t.t.. for 1982 through toOl .rlt
"
Vlar tntlr..t Ratl oallv lnt.ra.t raoto~ Ve.r tlltlr..t Rlltl Oallv_Intlr..t Faotor
- - ,
1m lOX 1000&4" 1992 9X ,0002.1
1915 16X ,oo..U 1995-199' 7X ,000192
191. m ,OODSOI 1990-1996 9X ,0001,1
\961 UK ,DOO566 1999 1X ,DOO\92
1960 lOX ,00021, lDOO IX ,D002\9
1981 9X ,0002,7 1001 9X ,0001.1
1966'\991 IlK .00050\
....tnt.r..t It oalo\th,tlda. ~QUOWII
IHTBRBBT . BALANCE OP TAK ,UNPAID K NUHBER DP D^YS DBLIHQUBHT K DAILY INTBRBST PACTOR
....Any- HotlClI JUu.d ,nit thi!' tI)t bleb... d.Unqu.nt MUt "'flaat enlnht..t OllCltllllUon to fUte.n O~)d.y.
bl~ond thl dltl of thl ....iI..nt. If pav,,,nt h .ade eHlr the Intlr..t C1o..,.uUltlnn deiltl .how;, on tti.
HoUoe; ItddStlo".l lnt.,."f ault b* oaloulatld.
If. ~.I 4~t-. 7
,
OOHHONWBA~TH 01' PENNSY~VANIA
DBPARTHENT 01' RBVINUI
<L--
"..
IUReAU OP INDIVIDUAL TAXEI
IMHERITAHC~ TAX DIYISloN
PEPT, IM6I1
tt.lRRllIURO, PA'I7I1I-0601
NOTIce OF INHERITANce TAX
APPRAISENeNT, ALLOWANCE OR DISALLOWANce
OFOi~\CTXONS.;A~~ A88I8INENT OF TAX
ReRCO(~;:"\' ( \I'J.\\~' DATI 02-29-2000
O\.J\" ' IITATI 01' BRANDT.
~TI 01' DBATH 10-20-1997
"00 \~~R -9 ~I','''l~1 NUMBIR 2197-0922
OOUNTY OUM8~R~AND
",MN 1 01 ,
'" ,u ,pr, ( I AMOunt R..lth~ l
MAKI OHIOK PAY^B~I AND RIHIT PAYMBNT 'TOI
R~GISTER OF WILLS
OUMBERLAND CO CoURT HOUSE
OARLISLE. PA 17015
OUT ALONO ,THII LINB "RITAIN LOWIR PORTION PORYOUR RIOORDS ,~ '
~iV: U'~"'-lY-A~li-f11f:n1--ArjW6,I, --D'-WRilfif1\;roi.Y'A'x.'A1i'~AA"fii'HiNt---At'L-oil~iloi-br--.-------------
DIIALLOWANol OF DIDUOTloNs AND ASSISsHI~T OF TAX
ISTATI OF BRANDT ..JAY H PILI NO. 21 97-0922 AON 101 DATI 02-29-2000
. TAX ReTURN WAil I I ACCEPTED, AI FILED I XI CHANGED SEE ATTACHED NOTICE
RI81RVATION OONOIRNINO pUTURI INTaRRST - 811 RIVaRSI
APPRAISID VALUa OF RITURNBA81D ONI ORIGINAL RETURN
1, R..l e.t.~. 180hRdul. AI
I, Stook. andlond. ISohRdul. II
I, CIOI.l~ HRld stook/P.rtn.r.hip Int.r..t ISohRdul. CI
q. Norte..../Not.. ,R.o.ioRbl. ISoh.dul. DI
's. C.lh/BRnk D.polltI/Nilo. P.rlon.l ProPlrt~ IIOhldul. EI
6. Jolnt1~ OHMd I'ro,",rt~ II0hRd\ll. PI
7, Trenlf.rl ISohadul.'OI
a. Tot.l A...t.
U,.lw..""m.",
..JAY
H
DIAN~ G RADCLIFF ESq
54411 TRINDLE RD ('\1:111' (
CAMP HHL PA 17011 CUll\\:JU'
III
III
ISI
Iql
III
161 .
171
.00
.00
.00
117.297.1Q
26,359.12
.00
58.240.68
lal
NOTE I To In.ur. prop.r
or.di t to ~our llOoount,
luIMIlt thR upp.r porUon
of thh for. nlth ~our
t.l< P.~"""t,
201 ,896 ,90
APPROVID DIDUOTION8 AND IXIMPTIONSI
,9, FunRral EMPen..I/Ada. COltI/NI.o. EMP,"'.' IlohRdula HI 191
10, IIRbto/NoHo... LIabUIU../Li.n. ISoh.dul. II 1101 2,845,94
11. Tottil bRUuotion. 1111
12. Net V.lue of T.l< R.turn 1111
IS. ChtlrUabl./Ooo.rNlRnt.1 I.qu..tol Non-til.ot.u 9118 TrII.t. ISoh.duleJI 1111
1q. Net V.lutl Of ht.ta 8Ub.l.ot to TeX Ilql 184.410,71
NOTII If an .......,' .nt W" i"U.d pr.viou.ly, lin.. 14, 11 .nd/or 16, 17 and 18 will
rafllot figur.. thlt inolud.thl tot'l Of ~ r,~urn' .......dto d.t..
A88B8SHINT OP TAX.
1&, A_t of linN lq .t SPoU.'l rata IlII ,00 X .00. ,00
16. Mlountof LinN ,lq t.l<abl..t LinNel/Cl..1 A r.t. 1161 184,410,71 X .06. 11,064;64
17. AiIount of LinN 1q t.l<Rbl. .t CoU.t.r.l/Cl... I ,.tita 117)' . .00 M .15. .00
18. Pril1Oip.l T.l< lluR 1181 1liO 6 4 . 64
TAX ORIDIT81
PAYNeNT
DATE
14,942.28
17.4Af< 1Q
184,410,41
.00
RICIXPT
NUNIIR
DIaCOUNT C+ I
INTEREST/PEN PAID I-I
AHOUNT PAID
INTEREST IS CHARGED THROUGH 05-15-2000
AT THE RATES APPLICABLE AS OUTLINED ON THE
REVERSE SIDE OF THIS FORM
TOTAL TAX ORIDIT
BALANOI 01' TAX DUB
INTIMIST AND PIN.
TOTAL DUI
.00
11,064.64
1,405,55
12.469,99
. IF PAID AFTER DATE INDICATED, SEE ReVeRSE
FOR CALCULATION OF ADDITIONAL INTEREST,
I IF TOTAL ~UE IS Lell THAN .1, NO PAY"ENT II REQUIRED,
IF TOTAL DUE IS REFLECTED AS A "CREDn" ICRI, YOU NAY IE IIUE
A ReFUND, SEI REVERSE IIDE OF THII FORM FOR INSTRUCTIONS, I
Rl!a!RY~T1Q'H U,.,.. 0/ _I. d~l", on or ~Io.' ~r Il, 1911 -. If "'~ luw",I"'....' I" ,Ilt ..loll. h 1.",.lor.ed
I" po.....lon o. 01110_' 10 01... .' (1011.1...1) _flol.rl.. 01 ,Ilt dooodolll .1I.r ,Ilt .""lr.llon 01 OI1V n'." fO.
Ilf. or for V"", lilt C.........lth Ilt.tb~ ..pr...IV r...rv.. lho rlghl 10 opp..I.. ~ ......t."'.I.r I~rl'ono. T....
. ,., \hi I...ful CI... . (00111\...11 rll. on onv """" fuluro Inl....I,
_H QI'
MOTlelI.
O.JECTlOtlt I
T. IUlflll lilt rl'!lll.lllOI1h of lIoollon 1140 of l"'lnherll.;.. tnd 1.,.1. T.. ~ol, ~olll of I".. (71 P,I,
IIollon 91401.
POI~ tilt lop po.llon .1 \hit Hollo. tnd .uboll _llh~our p.voonl t,o lho o"l.t.. of Will. priMed on lilt ,..v.r.. fltHo, '
--Wok. ~ or _~ o.d.. p.~Il!I. 101 RROIIlTSR OP "I~LIl, AqRNT , '
~ r',Nnd of . I.. .redll, _hi"" ... ~t roqullled on lho to. fl.turn, "V 1M .._.11d bV ."""1.11,,, '" ..Afipllo.llon
for R.,und 01 Pton.~lvonl. 1~.I'ono' end l.t.l. T.." (RIY-1511', ~ppllo.'lo". .r. ...llobl. .1 t""Olflo.
Of \hi R'ahl~rof Will., on~ 01 '''' U 0..1f1\lI al.I'lot offlo.., or b~ ..UllllI.t", 'plOl.1 1.-hOu.
..""..llllI ..rvloo _or. fo. fO... ordorl"" I" Po""..lvonl.'"800"56101010, ...IOldo PIM'~lv",h tnd _lIhl"
100.1 Hl,.hburl .... (7171717-109.. "..I... la. I..p.~... _lIh .pool.1 hlorl", end .pookl". IlIodfl
1"100-007-5010 (fT onl~l, .
Myp.rty In 1nter..' not tlU,fled NUh thl'apprlh...nt, 111oweno, or d1t.ll~IM1CI' of dtdUoth,"" or ........nt
., \I. (Inoludl", dl._, 0. Inlorltll .._ on Ihlo HolI.. ,u.1 objo.1 1I11hl" .l.h 1601 d... ., '1O.lpl 01 "
thl. Holloe b~'
"lIrl"", P,o,..t to tho P~ lIIp..'_1 ., 0........ .....01 Ap",.,., 0",1, 111011, H...ltbura, P~ 17116-1011, OR
--'llOllon ,. hov, \hi Ill"" dot...lrild.1 IUdl' ., tilt .......1 01 IhI"'......1 ropr....,I.,lv., OR
.....,..1 to thl Or"",' court. "
~OIlIW
IllRATlYI ' ,
CMMIiCTlONSt ""tOil error. dltCloYlrld on thit ......lMnt .~ld tMi ...r....d In NrltlhA tOJ PA,Dtpart.."t of M,v,"""
aurelll 01 Ill\llvlduol T...., ~TTWl PoU ~"It..."t R.vl.. Unll. Popt, 160601. H."hbU',. p~ 17Il,-Q601
PhoIlo (7171 767-nOa, 801 P'" 8 01 thl, bOokl" "1",I.UGllon, I.r Inhe,it",..' r.. R.tu,n for. Rltldon!
Oooodonl" (RaY.laOI) I.. on ..pl...ll"" of odolnl,t,.llv.lv o.r".lobl. ..,.,.,
OIlCOlIm, If "'. ,.. duo "p.ld lIithl" th'H m..londO' tonth. 0"" tho clIOodInl'. do.lh. . IIVI po.oonl IGHI dl'."'" 01
tho ,.. pold I. '1IoNOd,
PENAlTY. Tho UX t.. ....,~ "",,-p..llolpotl"" ""'OIlY 10 _ul.d on tM 101.. 01 thl toW end I",.ro,t ....n.d. end nol
p.ld blfOro J....... 18, 1996, tilt fltlt 110. ."..tllt .net of thll.. _.b po,lodoThlo "",,-p..II.lp.llon
_It. h _'lObI' I" 'hi, _', omor r. I" I'" thl ._ tlOt P..lod .. ~O\I llOIIld _.1 tilt I.. IIl\l 1"I..nt
thOt ho. _ "Hned .. Indlo.11d "" Ih , noli..,
PAYI4IHT'
R'FUNO (CRI,
lWTm8T1 Int...., h ~'fIId boal""lltl 1I11ll l1..t IIoYOI dollnquono~, .. "I"" 191 tonlh. Ind _(11 d.~ fr..'11o IIoIt of
d40lh. to \hi 1101. of pe_l. T.... whIch blo_ dOlI_I bllo,o J.....,~ I. 1911 bo.. Int..nl 0' IhI rol. of
.b (6H) po",onl PI. '"'""" o.IOUllled ,01. d.lI. rll. of .QOOI6\. ~II t.... Ilhl.h boO_ delinquent "" ~ ."..
Jonuorv I. 1911 _Ill bo.., 1"10..., .1 . "It Ilhloh _Ill ,"~,Ir.. o'ltnd" ~.., to o"tnd.r',~..r IIlth !hot roto
...........ed b. IhI p~ Ooport..." of oav,""" T'" oppll.obl. Int."" rlln 10' I"~ thrOUah uoO 0.11 ,
\:lit tnter..t Rite n.1111 _lnter..t Putar XW Inter... R.'~ Dallv lnt.r..t Faat6r
1..1 lOX ~QOOM8 1961"1991 ' IIX ,000101
1915 :~ .OOO.N 1991 9H .000107
19M .00Utl 1995"1990 1H ,000191
1911 ISH ,0005116 1991'1998 9H ,00U.7
1916 IOH ,00011. 1999 1~ ,000191
1..7 9H .DODI.7 1010 IH ,000119
.-Int.rl.t 11 olloul.ttd;.. fOllow"
INTBlBlT . IA~NOB OP TAX UNPAID X "UHIRR OF DAYS DR~I"qUBHT X DAILY IMTIlRBIlT PACTOR
'-~n. HoUo. ".-od .IIWIIlt I.. _, doll_I,1I11l rllh.1 '" Inl"..1 ..10001.llon 10 1111..., IUI d...
blV'ond thl dilt. qf tlM! .........,t, If plvant It .lIde .'ht thl Int.,lIt oDl$lut.Uon due tho",'!, on thl
1441101. OddIU....1 1"I..nt lI!.t bI .'Ioul.'ed.
i
IN THE COURT OF COMMON PLEAS OF
CUMBERLAND COUN~Y, PlllNNSYLVANIA
ORPHANS' COURT DIVISION
ESTATE NO. 21.97-0922
FIRST AND FINAL ACCOUNT AND
SCHEDULE OF DISTRIBUTION OF
SUSAN KALODNlllR and JAY H. BRANDT, JR.
CO-EXECUTORS OF THE ESTATE OF JAY H. BRANDT
a/k/a JAY H. BRANDT, SR., DECEASED,
LATE OF UPPER MIFFLIN TOWNSHIP
NlllWVILr..E, CUMBERLAND COUNTY, PlllNNSYLVANIA
ADVERTISEMENT OF GRANT OF LETTERS!
Cumberland Law Journall
December 12, 1997
December 19, 1997
Deoember 26, 1997
December 4, 1997
December 11, 1997
December lB, 1997
The Sentinel,
ACCOUNT FROM I
ACCOUNT TOI
October 20, 1997
August 31, 2000
Susan Kalodner and Jay H, Brandt, Jr., CO-illXECUTORS, offer this
Account'to aocntaint interested parties with the transactions that
have occurred during their administration. The EKeoutbrs are also
~eeking, court confirmation of their accounting and proposed
distribution of the estate, It is important that the Account be
carefully eKa~ined. Requests for additional information oan be
discussed withl
PIANE G. RADCr..IFF, ESQUIRE
3449 TRINDLE ROAD '
CAMP HILL, PA 17011
PHONE' (717) 737-0100
~ 1 -
'l
I,
~'llMMAJl.y OF ACCOVNT '
~i~li!;1+f~! , ' "
, , , , '.
,
RE:GIJlI PTS , $143, 6p6, 22 $143,656,22'
LESS IJI SBURSEMEN'fS ,
" ,
Funel'al Expenses , " ($7,993,65)
..
Administ.ration Costs ($448.60)
Fees and commissions ($3 I 500,00) ,
Family Elxemptiop ($3,000,00)
Federal ana State Taxes ($450,40) ,
Debts of Decedent. " ($2, 093,54) ,
-'--
SUBTOTAL OF DI SBURSEMEN'l'S ($17,486,,19) ($17, 7B6, 19)
BALANCE, B1l:FORE DISTRIBUTION $125,B70,03
LESS PRIOR DIS'l'RJEUTIONS TO , $0,00
BENEFICIARIES
" "" $:\.25/870.0~
JilR:tN'OItPAAB1>.llANOIllON' ,1-WID $0.,00 ,
" " "
- ~~CO~1D. " : , "
i' , .. , " , "
RECEI1?TS $0.00 , $0, ,00
LESS DISBURSEMENTS $0,00 $O,OQ
Bf'.LANCE: BEFORE DISTRIBUTIONS , $0,00 $0,00
PRIOR DISTRIBUTIONS TO , $0',00 $0,00
BENElFICIARIElS ,
:tNOOMm BALANOE ON HAND $0.00 $0.00
"
, , ,
CJOHBXNmPBl\~ANO~ , $0.00 ,$0.00
ON ~", , " .. I',
,
" 2 -
--.---.....---..--...-. .,.,--,......._. , '" , ".
-. ...-...-- . _..-
'~~wij~'TMT~q~. ~O,~~~'i , , >" ' " , ,,'
"
various Probate Filing Fees $273, 00 ,
,
v<\riouFJ, 1r!egal Advertisement. trees $150 ,GO
,
6/30/9<;) , Filing Fl'les $10 00
Inventory ,
6/30/9<;) Inherital1o.e Tax Return $15 00 ,
, ,
Filing Fee
SUB TOTAL $448 60 , $44B 60
, , ,
" .Ni#'90MMXS~t6~S 1 , , , . ..
"IIlIllS "
.. , " ,
6/30/9<;) Administrator' s Fees , waived
various At'torneys Fees $3, 500 . 00
SUBTOTAL $3 I 500 , 00 $3 , 500 ,00
, " ," ,
Il'AA~1,lYHlIlglll"5'';J1:J;6N I:, " , , , ,,'I.' ,
Claimant Tilden Bral:\dt $3 000 00 ..
" , , ,
SUBTOTAL $3, 000 , 00 $3, 000 , 00
tlIllB'J.1S " " , " '''. , , "
, QlI"tllllClIltl1!JN'r1 " " . ..
" , "
Pennsylvania state lncome , $450 40 ",
.
,TaX , ,
" " Wisler Backhoe $90
.. Riohard and . 00
Stone "
Riohard Webber, Attol:ney's , $334 99
,
fees,
.. Don' s Boathouse, bOElt $201 14
,
" storage and winterization
199B Coun t y, Real Estate , $2B4 06
,
TaXes ,
199B School Real Estate $1, 172 . 35
Tax:es
',- ,
Per capita t<lxes $11. 00,
" , SUBTO'rAL $2, 543 94 ~2, 543 94
, .
j, '~.P~~ '.~, S'J.1A.'.t'lIl TAX1!JS,I . , '(
" ,',' ,'. " " ",
pa Inheritance tax $0 , 00 "
SUBTOTAL $0 , 00 $0 . 00
.4,
whether in pdnoipl\l or il'1Oome, shall not be subjeot: \:.0
volUntary antioipation" encumbranoe, alienation or
assignm~mt,either in whole or in, part:, nor shall any
suoh interests be subjeot t.o any judicial prooess to levy
upon or I\ttaoh the same for or on bohalf of suoh
benefioial;'Y's oreditors or olaimants while in the hands
of the Exeoutoro or Trustees,
e, I'further authorize and empower my Trustees, at
their sole disoretion, to utilize any assets from this
Trust for payment of any and all inheritanoe or estate
taxes,
VOURTHI powmRS OFTRUSTlIllllS - I hereby authodze and empower my
said Trustees to hold, oonserve, manage and dispose. of any and all'
property forming the, above ore/lteo. Trust, without limitation by,
reason of enl.\mention, ano. in addition to any other powers
Qoneerred 'by law, as follows I
e. '~o retain any or all' property owned by me III I;. the
., t~me of 11\Y o.eath in the form in whioh it then exists I to
acquire by pl,lrohase or otherwise, and retain, temporarily
"
or, permanently, anyk~nd of realty and personalty,
inolUo.1ng stooks I undi vided ~nterests, interests in
investment trusts, mutual funds, legal and disoretionary
oommon t.rusl;. funds, leases and other property, all
without diversifioation as to kind or amount and without
PAGE 3
lh U':tvm 'r1\OUS1\NO DOtJLl\RS ($ 5,000,00) to,my fJt.epd~U!Jhter,
TON/\ SAAVm1\/
C, U'lVlllTHOUSN~O'DOLtJl\RS ($ 5,000,00) \:.0 my s\:.epson, ,JACK
TmNN1\NT ,
0, ' My real estal".e t.o be divided equallY bet.ween my
daughter, susAN aAANDT 1<AtJODNE1\ and my son, JAY H,
aAANDT, J1\. I and
m, The rest, residue and remainder of my estate to my'
son , JAY it., aAANDT, JR.
S;XTHI EXlllCUTOR _ r ap\?oint my ohildnn, SUS1\N BAANDT AAtJONDIllR ann
,
JAY H, BRANDT, JR,; as Co-ExeoutOI;'S of my Will. In the event that
they both predecease me or if both are unwilling or unable to serve
as Co-l1lxeoutors, I then appoint the ll' s. M TRUST COMP1\N'l, of
Newville, PA, as E~ecutor of my, Will, Neither my Executors nor
~ny successor shall be re~uired to give bond for the.performanos'of
their dutieS.
I grant to my co_Exeoutors and substitutes the power to
oompromise claims without courtspproval anCi without the consent of
any benl!lficiary, "
SlIVBlNT1f.t1?RO'rlilC'rIVE PROVISION - To the greatest extent permitted
bylaw, petora aotual payment ,to a penef ~oiary or to his or her
account, no interest in inoome or prinoipal shall be assignaPle by
Ii benefidiary or available to anyone having a 'cl,aim against a
b,!"nef iciary .
PAGE 5
"
DIANE G, RADCLIPP
34<18 TRINDLE ROAD
CAMP HILL, PA 110\ 1
PHONE (111) 13700100
PAX (1'11916.0891
ID 1132'12
FAMILY AGREEMENT
. THIS AGRBlDlMlllN'l' made and ,entet'ed 'into this 'l!1:.( day of ~,
199B by and between SUSAN BRANDT KA~ODNmR and JAY H. BRANDT, JR.,
in their mapacities as Executors under the Will dated October 1~,
1997 of Jay H. Brandt, Sr" Deceased, as, Trustees under the
Testamentary Trust set forth in that Will ("the Trust") ,and' as
l'esiduary legateeS of the Trust; (for purposes of this Agreenient
when they are referred to in their fiduciary oapMity as Co-
Elxecutors, the term "Executors" wil~ be U1;;1,ed, when they ,are
referrt:ld to in their fiduciary capacity as Trustees, the term
"Trustees" will be used and, when they I:\re referred to in their
individual. oapacitJ.es their ,first names will be' used) and TILDEN Q.
BRANDT, in her capacity as wife of the Decedent and beneficiary of
the said trust (for purposes ofth.is Agreement she shall be
referred to as "Tilden" in all capacities,)
WITNESSETH
WHJllREAS, JAY H, BRANDT, SR, ("Decedent") died on October 20; 1997,
a resident of Newville, Cumberll:\nd County, Pennsylvania, leaving a
Last: Will ,and Testament dated October, 16, 1998 (hereafter "the
Will") I and
WHJllRWAS, The Will was admitted ,to probate by the Regise,er pf Wills
of Cumberland County, Pennsylvania on November 24, 1997 and LetterS
Testamentary were i,ssued to Susan Brandt Kalodner and Jay H.
Brandt,' Jr. as Co-Executors I and
WHJllRJllAS, in the Will, the Decedent left his entire residuarY estate
DIANa Q, RADCLIPF
"3448 TRINDLE ROAD
CAMP HILL, PA 1701 I
PHONe (711\137.0100
PAX (1111918.0887
ID#32112
("the Estate") to Susan al'ld Jay in trust for the benefit of' Tilden
during her lifetime and upon her death any real estate to be
distributed to Jay and. all othel" assets to be equB.Uy divided
between Susan and JaYI and
WHERlIIAS ,:he NiJ;lturtherprovided tor one peouniary bequest to be
paid to the Deoedent '8 brother I William Brandt, in the amount of
$10,000,00, payable only if the net estate after payment of debts.
and funeral expenses, expenses of administration B.nd, taxes exoeeded
the sum of $150,000,0,0. The net estate, tlowever, does not exceed
the sum of $150,000,00 and therefore ttlel;'e al;'e no' pecuniary
bequests to be paid, and
WHEREAS, the Estate is compdsed of the assets f?et forth on the p.a.
Inheritance Tax Return, a copy of which is attached hereto,' marked
Exhibit "A" and made a patt'hereof/ and
WHlIIREAS, Jay is willing to reaffirm the $15 ,000,00 business loan
made to him by the decedent set fQrth on Exhibit "A" (here~fter
"Jay's, Business Loan") and to make arran~ements for the rep'ayment
thereof I and.
WHERlIIAS, Jay is willing to reaffirm the note and mortgagec1ebt in
the amount of ,$69,000.00 as set forth on Exhibit "A" (hereafter
..
"Jay's Mortgage Loan" )anc\ to repay t.he same in accordanoe with the
terms of the note and mortgage and to cancel and terminat.e any
rights anc\ clail11s he may, have to any alleged forgivene!!ls of that
debt' by the Decedent I and
DIANe Q, RADCLIPP
3'148 TAINDLeRDAD
CAMP HILL, PA 11011
PHONE 1111) 73700100
PAX (111) 916.0897
10... 32112
in the Estate and Jay agrees that the w:t;'itten fOl:'givElness of
said debt executed by the Decedent shall be deemed terminated
and null and void and that he shall not be entitled to olaim
and 'rights or benefits under said writing. Jay furthe:t;' agrees
th",t he shall repay Jay's MOl:'tgage Loan to the !l:state,
aSsignable to Tilden in accorc\anoe wi th the terms hereof,
which payment shall be made in acoordanoe with the terms of
the note and mortgage seouring Jay's Mortgage Loan,
3, The entire l:'esiduary estate of the Decedent comprbed of the
assets s,et forth on Exhibit "A", :l;'emaining after payment of
the last debts, admd.'i1".J,stration expenses, funeral costs and
taxes, shall be paid to Tilden,
~, SUElanand Jay hereby waive any and all interest they may ,have
in the Estate and hel:'eby direct that all said interest shall
be paid to Tilden,
5, J;f it is detel:'mined ,necessary 'or advisable 'to fund the 'l'l:'ust
as part of the Est'ate administration, the parties agree that
the Tl:'ust sh.Ul be fUnded and, upon the funding the Trust
funds shall be P4l.iid iri full to Tilden either immediately or in'
,
such installments as she shall dil:'eot, If any funds remain in
the Trust upon her death, they shall be paid to her estate ,and
disttibuted ,to hel:' heirs as provided for in her will, Susan
and Jay further waive and renounce in favor or Tilden any
interest they O1ay have as residuary beneficiaries. of the
TruElt.
DIANE Q, RADCLIPP
~448 TRINDLE RDAO
CAMP HILL, PA 11011
PHONE 11111131,0100
PAX 1111) 918,0891
ID1Il32112
G, Within thirty (30) days of the date of t.his Agreement, Jay
shal'l cash in the Mat r..ifeAnnuityContract No, M9123?52
(hereafter "the Annuity") and within fifteen (15) days o~ his
receipt he shall pay to Tilden any and ,,11 monies received or
capable of being received by him undet' the Annuity pursuant'to
the Assignment previously executed by him and Tilden,
provided, hoy/ever I tl'iat.:ray shall be autho,rized to ctect\~ct from
said payment the estimated amount of any t.axes payable by him
as the result the reporting of his receipt of the funds ~rom
the annuity qn his applicable tax returns. Upon the filing of
the' tax returns reporting said payment Jay shail.l prOVide
Tilden with copies of saict tax returns to verify the amount of
that deduction and Shalt pay to' Tilden the amount of funds so
deducted' in excess of the amount of the taxes reported on said
tax return associated with the reporting of the Annuity,
7, The parties hereto hayeanct do hereby mutually hereby remise,
release, quitclaim, and forever discharge the other parties,
or their respective heirs, personal represertt,at i ves,
sucoessors and assigns from all claims, d~mands, liabilities,
actions, causes of action, suits, debts and contracts, of'any
nature whatsoever I both in law and in equi ty, partioularlyall
claims 'arising out of,the distribution of the llJstate, except
for such rights and obligations arising out of the agreed upon
Estate/Trust distribution and Annuity distribution set forth
herein, which against any other party each may have or now has
from the beginning of the world to the date of these presents,
8. The parties hereby agree to indemni fy and hold harmless, the