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HomeMy WebLinkAbout80-00401 '\ p ',- ~ ti \ I ! "~'I:' e e I '~ s . . . :tl I ~ I ! i ~ ~:- - 0 J ~ ICI ;.1 .. ~ No. 21-ao:: 401 -,' PETITION FOR PROBATE OF WILL AND LETTERS TESTAMENTARY in the Estate of VAUGHN M. RICHARDSON / deceased. MARY C. LEWIS To IjHohaooxRx~ Register of Wills for the County of Cumberland, in the Commonwealth at Pennsylvania. IS PetitionerWx~~ the execut.rilL-___ named in the Lost Will and Testament of VAUGHN M. RICHARDSON dated December 9. 1976. Decedent was a citizen of the United States ond a resident of J<lI(W~l0:~ Borough, Cumberland County, Commonwealth Newville of Pennsylvania. Decedent died on Sunday the 1st day of June A. D. 19~, in the County of Cumberland , State of Pennsylvania at the oge of 70 years. >4lIm; ~liI>>x xxlslftx Decedent has not been married and has not had children born to him since the execution of the above described Will. Decedent was possessed of personal property to the value of un estimated ond of real estate to the value of os neor os can be ascertained; said real rv6N!: estate situated as follows - xlGjlll'l;l)(X Therefore, your petitioner~ respectfully applies for the probate of the said Last Will and Testament and for Letters Testamentary thereon. Dated June..s; 1980 K.. ~ tf-~ Nome and oddress Mrs. Jane Y. Richardson of Petitioner.(ll~ 66 West Main St. Newville Penna. 17241 COMMONWEALTH OF PENNSYLVANIA ~ ss COUNTY OF CUMBERLAND JANE Y. RICHARDSON nomed in above applicotion, being duly say(s) that the statements set forth in sworn according to law this petition ore true to the best of her knowledge and belief. ond subscribed before XOzn.L-o ~. ~~/~ ~../ --'7J~ne Y. Richardson Sworn t,% ,.- me, June . ..s I , 19.!lP-- q)~t!-~ ~ '/..~ , Register MARY C. LEWIS June 12 1980 I / /-'71-. Attorney: Marion R. Lower ($1J . '.' , - '.~, I ' " Vi I 1. L I, 1] J\IHlIIN :,. :UCIIAIW;jUN, 0 l' II~l"lv.Lll", Cur,1b(lrland County, P0nnsylvani.a, b,:;ing (,f c;ound dL:;(l():jing :.1.i.nd oml llIumory, and fully cor.;niznnt of th.e (~xtunt of my ':J,:n'ldly <l:;1;,'1tc ond tlw natural obj(lets of my bounty, dl.! Inake;, publL.:h and declare' th.;.', Lnr;trll.rr1c,nt as my Last VJill and 'recitament. and hereby revoke <)1.1 wills and codieils to I"Jilb at any time heretoforo m'ldc by me,. FIRo'I': I give, devbe ami bequeat.h the ,ium of 'ren Thousand (:\',1.0,000.00) Dollars to my dauGhter, :'largaret H. Harvey of Catasauqua, Pennsylvania, if she is living mol''J than thirty DO) days after my death; otherwise I givo the snme to her natural childron who survive me. S;;;COND: I diroct my horeinai"tcr named ()Xeclltors to pay all estate and transfer inheritance taxes out of my residuary estate in the manner directed hereinafter and to make no deduction from any legacies contained in this will on account thoreof. 'i'HIRD: I give, devise and bequeath all the residue of my estate as follows: A. 'I'rL\st. A. If my ;'Iife, ,Tane 1. Richardson, survives me (and here I direct that, for the purposes of this subparagraph, she shall be deemed to have survived me unless it appears unmistakable that she predeceased me), I give, devisc and bequeath to my Trustee hereinafter named, to set apart. as a separate Trust 1\, one-half of my residuary estate vlhich is allowable in determining tho Federal est.ate tax on my gross estate for Fedelral estate tax purposes diminished by the value for Federal estate tax purposes of all other items in my said gross estate which qualify for said deduction and which pass or have passed to my wife under other provisions of this \Jill or otherwise. In making the computations neces~oary to determine such one-half, the final determinations in the Federal estate tax proceedings shall control; and only assets that qualify for the marital deduction shall pass under this clause. 1. Jlly Trustee shall pay in cach taxable year from this Trust A to Jane Y. Richardson quarter-annually for life a sum or sums the total of vlhich in any ono year shall equal 57; of the net fair market value of the assets of this trust, valuod annually. Payment shall be made from income and, to the extcnt that income is not sufficient, from principal; any income for a taxablo year in excess of the unitrust amount shall be added to principal. The obligation to make unitrust payments hereunder shall commence at the date of my death although actual !Jayment may be deferred unt il thc end of the taxable year of the trust in vlhich occurs the complete fundj.ng of the trust; if payment is so deferrcd, then within a reasonable period of time after the complete funding of the trust, trustee shall pay to my wife (in the car5C of an underpayment) or be repaid by my wife (in the case of an overpayment) an amount cqL\al to the; d~fference between the amount actually paid plus intcro~;t thereon at 6;" a year compounded annually and the amount payable pl.U;5 interest. thercon at 6i; a year compounded annually; determi.nat ion of the amount payable ,;hall be made in accord with PeG. 1.604-1 (a) (5). In calculatins net fair market value there shall bo taken into account all a~3ots und liabilities without regard t.o I"lhethor t.he part.i.cular ite!;!!c! Ol'e t."b,;n into account in determining the incor:lC! of thc trust., and eh:o net fiiiI' r1~rkot valuo shall bo determinecl each year on tho 30th day !,X'cocedinsthc last day of the taxabl", year or hy takin[; thee !.lV-cr:lL~'! " f v:Il uations on the 30th day ;/ -::~) . /(h71/ih~, !~/J//W~~ . '. ' . "~'I " preceding each of tho dntc;J of d.i.c;tribution a:3 trustee ~;hall choose ,'rovided the :;(lrnc~ v;J.luat.ion date or daV':3 and method:" arc u5c;d each ~rcar. '['lw amount to b8 paid e<lch year :.;hu11 be bused upon the valuation for such year. If the net. fair marlwt value of the trust as:3etc3 b incorrectly detenlined for any t<lxable yuC!r, tru:.;tcc shall pay to my w:i.fc (in the ca.:,'" of undurvaluat ion) or be repaid by my wifo (in the Co.sc of overvaluation) an amount. equal to the differonce betvlCcn the unit rust. amount -,ll'1ich t.ho tru:.;t should huve paid if the correct value l'lure used and the unitru:.;t amount 'ilhich the trust actually paid, and :;uch payments or repaymcmts J:lust be made ':Iithin a reasonable period after tho final deter~ination of such value; and determination of the, ar.,cwnL -,':1"<1bJ.;, :;h:)J.l b,.) ;:;ack in accord \"11tl1 Reg. L661}-3 (a) (1) (i i:i). - .. The amount:; due under thb paragra!)h 'l'IIlllD shall be paid during every taxable year of the trust includi.ng the first and last taxable years. In the case of a taxable year of le::;:; than 12 months, trustee shall distribute that amount ','Ihich is calculated by multiplying the amount due for a full taxable year of 12 month:.; by a fraction of I~hich the numerator is tho numbcr of days in thc taxable year of the trust (for the taxable year in \"Ihich occur:; t.he end of the period specified in n8l~. 1.661+-3 (al (5) the numerator shall be the number of day:.; in the period beginninG on th:l first day of such taxable year and ending on the last day of the period specified in Reg. 1.664-3 (a) (5)) and of vlhich the denominator is 305 (or 366 if February 29 is a day included in the numerator); if no valuation date occurs before the end of th'J taxable year of the trust, the trust assets shall be valucd on the last day of th~ t.axab1e year of the trust (or in the case of a taxable year in \"lhich occurs the cnd of the period specified in Reg. 1.664-3 (a) (5) the trust assets shall be valued on the last day of such period). Payments under this paragraph A shall terminate vlith the regular periodic payment next preceding the death of my wife. My trustee shall retain, as long a:; it is prudent to do so, all investments of decedent including, but not limited to, Savings Account in Farmers National Bank of Newville, Pennsylvania, Shares of Wellington Fund, Wellington Equity Fund, Television-Electronics Fund, Inc., Provident Fund for Income, Keyston~ S-4, Common Stock of Pennsylvania Power and Light Company, Greyhound Corporation, Latrobe Steel, Vulcan I!~ld and Iron and Vanaduim Alloys Steel. When any such investment of decedt'lnt or any made by it authorizes the investor to re-invest dividends and capital gains distributions in additional shares it shall, instead, elect to receive same in cash. 2. Ny trustee [:Jay apply the payments due my vlife under A above for the support of my wife should she by reason of age, illness, or any other cause, in the opinion of the trustt;e be incapable of disbursing it. 3. Upon the death of my \'life or upon my death if she predcceases me, trustee shall: (a) Pay thu principal to ~uch p2r:;on or persons, including her estate, in such proportions, in cil\ch ';lanncr :md for :.;uch estates as she shall appoint by 1;1 ill , rci'crr.inc to tl1(> pO'd"r of appointment given hereby and cx?rc3~ily ~xurcisins t}~e 3amc~ (b) In def<lult of :.;ue11 appo~nt:;",nt, 'lither -,1holly or partly, my Trustee shall payout of the un."Jco)ointed !lrincipal of 'l'ru:,~t A th'~ -2- /' /;;',,// ""2-1 -{.1/' .0.< j-- ,'/ <"IY~;r"'t /."'<.()';-Kfla'~.r'\ '. " ~ '-. . Fcd8ral estatc taxcs and i\;nnsj'lvania InhC1'i.1;cmce 'raxa3 on th8 cstatc of my \rifo, Jane Y. Richard.3on, and shall add the balanco of the principal to Tru3t G. (ci Jane Y. ilicha1'd~:un .:klll h:1VC tlw right during each calendar year of her lift1, to daman(} in '.I1'1ting tho payment to her from the principal of Truc;t A by DY t1'u:itcc np to i:5, 000.00 thereof. If, in the sole discretion of DY trucitcc, my said 'aifo is unabl\" to make such demand, for any reason, my trustee may make same for her. Aforesaid right of my ';/ife :,hall not be cumulativo in nature. 4. Except for the payment of the unitru3t amount to my \'I if a , the trustee is prohibited from enGaging in any act of self-dealing as defined in Section 1,941 {d} of the Internal Revenue Code of 1954, from retaining any excesS business holdings as defined in Section 1,.943 {c} of the Code which ".'lOuld subject the trust to tax under Section 1,943 of the Code, from makin.~ any investments \"Ihich ".~ould subject the trust to tax under Section If91+~. of the Code, and from making any taxabh? exponditures a3 defined in Section 1+91+5 (d) of the Code. The trustee shall malw distributions at such time and in such manner ao; not to subject the trust to tax under Section 4942 of the Code. 5. I\dditional contributions may be made to this trust other than from my estate provided that for the taxable year of the trust in which any additional contribution is made: (a) where there is no valuation date after the date of contribution and during the taxable year in which the contribution is made, the additional property shall be valued as of the time of contribution; and (b) the amount to be distributed under paragraph II shall be computed by multiplying the fixed percentage by the sum of (i) the net fair market value of the trust assets {excluding the value of the additional property and any earned income from and any appreciation on such property after its contribution} and {ii} that proportion of the value of the additional property {that was excluded under subdivision {i}} which the number of days in the period which beginC3 \"Iith the date of contribution and ends vlith the earlier of the last day of such taxable year or the last day of the period descri.bed in ReG. 1.661f-3 {a} {5} bears to the number of days in the period vlhich begin'3 \"Iith the first day of such taxable year and ends \'1 it 11 the earlier of the last day of such taxable year or the last day of the period described in Reg. 1.664-3 {a} (5). -)- ,.-- "//~~fl"1 ,~14~Jd4r;- '. '. '. 6. Nothing in thi:j 'I,dll ;;!lall h'.: cun;.it.rU(;t! t.o r(::;Lr.i.et. t.he; tru:.il~ce from '!_nvu,~.,tinD the tr'll:;:', :):'i:;r-'L::;t.rl a r.lo.nncr ';/hLch cuuld rC:.:.ult in thl~ annual rC~~lLL7.nl:.-L()n of a r,;:.l..;:)l].,:tblc .:.lrnollnt I) L' Inco:i1c or [~ain Iron t.}l~_~ ,-.;a1(: or d:L:}~\U~i :_L_~()n ()j' ~:,r\.1..Jt a~:;~j()t,'). B. Tr:ust H. :r. give, dcv,i.:;c ,me! \)(:quc,at.h t.o my Tru;;t,e(; hr:rd.n- after named, to ;3Ct apart a:'j a :'i!,~parnt.\; 1.1ru:it 13, the lJD.lancc of !IJ~l re:3iduary estate after trw payr:I(:nL or tax'.';; frum thi3 balance ai; hereinafter provided. 1. f.~r 'I'rustee c;hall pay in ('Gch taxable) yc,ar from this Truc;t B to ,Jane Y. Hi.chard:)on qU;.l!'t:.: r-::tlulll:.d. 1:/ f(;r' 1:1.[.: :] ..;1.:.'.1 1)[' .jiJ(ft3 the total of '"hich in any om: y:;ar.:bJll '.:qual )" ,)1' t.]1" neL fair market. value of the a~c;et" of thb trusL, vallwd annually. Payment shall be made from income and, to the extrJnt that income it; not sufficient, from principal; any income for a taxable'. y",a.r in l:XCC3S of the unitrust amount shall be added to pr'incipa1. The obligation to make unitru[Jt [layments hereunder [;hall commence at the date of my death although actual payment may be deferred unt il the end of the taxable year of the tru:;t in which occurs t.he com:llete funding of Lhe trust; if payment is so deferred, then within a reasonable p:riod of time after the complete funding of Lhe trust, trustee shall pay to my wife (in the case of an underpayment) or be repaid by my wife (in tho case of an overpayment) an amount equal to the difference bet'ilOen the amount actually paid plus interest thereon at 6~:':' a year Gompounded annually and the amount payablG plue; intere::;t thereon at 6~b a year compoundod annually; determinat ion of the amount ~layablG shall be made in accord ';Iith Reg. 1.661f-l (a) (5). In calculating net fair market value there shall be taken into account all as"ets and liabilities ':Iithout regard to vlhether the l1articul,ar Hems are taken into account in determining the incor,le of thG tru3t, and the net fair market valuo shall be determined oach year on the 30Lh day preceding the last day of the taxable year or by takinG the average of valuations on the 30th day preceding each of the dat'13 of distribution as trustee shall choose provided the same valuation date or dates and methods are used each yoar. The amolmt to be paid (;ach year shall be bused upon the valuation for such \loar. If' the net fair market value of the trust assets is incorre~tly determined for any taxable year, trustee shall pay to my wife (in the ca:;e of undervaluation) or be ropaid by my wife (in the case of overvaluation) an amount equal to the difference bet'.,een thcl unit rust amount ':Ihich the trU:3t "hould have paid if the correct value ,'lere u:,;cd and the Iln:ltrust amount which the trust actually paid, and such payments or repayments must be made within a reasonable period after tho final detr:rmination of such value; and determination of the amount payable "hall be made in accord with Heg. 1.664-3 (a) (1) (iii). Tho amount3 due under this paragraph THIRD shall be paid during every taxable year of the trust including the fir::;t and last taxable years. In the case of a taxable year of les::; than 12 months, trustee shall di3tribute that amount vlhich is calculated by multiplying the amount due for a full taxab18 year of 12 month::; by a fraction of \'Ihich the numerator is the number of days in thc) taxable year of the trust (for tho t3xnbl~ ~cnr in ~h~ch nccur3 tho end of the period s:'ecif:ied in i((,g. 1.661,-3 (a) ()) thee nu;nerat.or :;hall be the number of days in the period ~)8Ginninc on the fir~1~ dny of 3uch taxable year and ending on the la:;t day of the period ~reciried in Reg. 1.664-3 (a) (5)) and of 'ilhi.ch the denominator' L.; Ji)5 (or Yl) if February 29 is a day .Lncl~ldcci in tho DllmcratDc); .if no valu.'J.tion date OCC\1r~; -4- / ) . . //2:"?'~ ., ~ J:l1A~./cik~ t/ ...."'./<'~,/./111 ,r/'/I~ , . . 0 ' '. before the end uf the taxable year of the trust, tho trust assets shall be valued on the last day of the taxable year of the trust (or in the case of a taxable year in which occurs the end uf the period :-3pcci.f'JJ;d in Eee_ 1.6Gh-J (a) (5) tiF~ t.rUJt a~j3(~t:j ~)hall oe valued on the last day of Juch ~Jriod). Payments under thiJ paragraph l\. shall tcrr:\inat:'l; '.,d.l.,h Lh'.-; r.~:t~ulaY' p(~riudi(; ~).:1y!Yv:nt nr,;xt preceding tileJ death of my 'dil\,. i.ly trustee ,;hall ret.ain, au loni~ as it is prudent to do so, all investment[; of decedent including, but not. limited to, Savings Account in Farmers National Bank of l!el"lVille, }'e,nnsylvania, Shares of Wellington Fund, V.'cl.liIlCton ~quit~' Fund, 'i\,h;vi:;Lun-;~l'Jctrunic,; Fund, Inc.. Provident Fund for 1m;',)!"';, l'".cy,;tunu ,,;-1:,. COI",aon Jtock of Pennsylvania POW0)I' and Light Company, Greyhound Corporation, Latrobe Steel, Vulcan ;.lold and Iron and Vanaduim 1\lloys Steel. When any such investment of decedent or any made by it; authorizes the investor to re-invest dividands and capital gains di5tributions in additional shares it shall, instead, elect to receivo same in cash. 2. l~y tru3tee may al)ply the piiyment:o dLW fJY ':Iife undGr A above for the su~rport of my \'Iife should :;he by reason of age, illness, or any other cause, in the opinion of the trustee' be incapable of disbursing it. .3. Upon the death of my wife or upon ~IY death if she predeceases me, trustee shall pay the principal to such person or persons, except her estate, her creditors or the creditors of her estate, in such proportions, in such manner and for such estat83 as she shall appoint by Will. (a) In default of s\1ch appointmr:nt my l'ruste[} shall distribute this Trust E, and any port ion of Trust A that may be added hereto, including accrued interest and interest previously accrued but not di:;bursed to the individual:; onumerated oelo'l/ ':Iho survive me and the institut ions named belo'" in the amounts indicated as 1'0110\"15: (b) To !Ilargaret n. Harvey, my daughter, aforesaid, the entire amounts thereof if she be: living more than thirty days after my ':Iife's death; othel"'lise to her natural children who survive my wife, Jane Y. Richardson. (c) To inst itution,; - none,. FOURTH: No payments to J ana Y. ll:i.chard!3on shall be made from the princioal of Trust 13 und,,,r paragraph THIllD until the principal of Trust 1\' under paragraph TllIllD is completely exhausted. FIFTH: If my I"llfe, Jan8 Y. Richardson, j.s not living more than thirty (30) days after my death, 1 p;ive, devL38 and bequeath one-half of my entire cstcltc, r(:~al and pcr:1onnl., to my daughter, I"'largarct H. Harvey, afore"aid, if :'he ie; U vine; ,:;orc t.han thirty (30) day:; after my death; othcnlisc, I give, devie;c and bequcath the Sa!~le to her natural children viho survive:; her. I giv(l, d(~vic;c and buqu(;ath tho Dth'cr ",w!-half th()reof, r[}al and pcr,;onal, to tho:: natural chilcll'cn of :~,y dau,:;htc:l', "Jargaret n. Harvcoy, af'or()said, '!Iho 3urvJ.v,_; !:!)' ';ILl';, Jan:' Y. ;Uchard,;on, in equal sharc;:l. -5- ,I /. ,'. /"1' ',' ;;;'"rJ; ,,' . .!J, ); / :/;;;'11 }.Jj(r~/t-4~6X'-"'-.... :nXTlJ: If any iJ(~n"f:i ciar::, unr1c:r thL ;,i.:l.1 :)hall, in the 'julu oplni.on of ra~r TrLi.:"_;tc;-.:, bCCOl~IC :;lcntally i)r;~hY~'iicalJ.y ine3pac~tLatcd, my Tru:;t.cc r~av (1~'\\)lv :juch b\_.~n:.~fic:,Lat,:/1:3 ;.;har,~, cithl.~r l)r.ineinal or inco:;!c, for th'2::;~_l:'~'0rt apd '.F,'l f,~;lr() of ::;uch b:.;n(~riciary, di.rectly, without the> int"rv()nt ion of il [;uardi'ln. 0~VENTII: fIll ,)rincipal and income shall, until actual distribution to the beneficiary, be free of the debts, contracts, alienation9 and anticioations of anv beneficiary, and the same shall not be liabl(c to any lc,vy, attach:~w;1t, ()X(ccut ion or s," qua'jtrotion '.,bile -Ln th,:) h:.lncL; I)f '"i;/I'::.:..;cut')t' \,11' Tr:,:,;t\~::. EIGHTH: All c:;tatc, inheri.tanc'-" :3ll.ccc;sc;ion and other taxes, imposed or payable by rca30n of my death, and interest and penalties thereon, vlith re:jpect to all property comprising my Gross estate for death tax pU.rpOS8~), \'lhethcr or not 3uch properLy va3:.H~s under thi3 Hill, shall be paid out of thc,)ri.ncipal of my residuary estate, after the setting apart of Tru3t 1\, a,; if such tax()s \'lCrc ildministration expenses, \'lithout apportionmcnt or right or rc.L~lburscment. I authorize my Executor and Trllste() to Dill' all such taxes at such time or times as they deem advisable. NINTH: I authorize my ";xecutor and Trustee and the:Lr :3uccessors to exercise the following pDwers, in addition to those given by la\'l, to be exercised in their 301e di~3cretion: (a) To rcto.in any real or p'8rsonal prOp8rty ';Jhich :nay at any time form part of r'l;1 estate) a,s long a,3 they may decl":": advisable. (b) To invllst and re-invest in CDr.1mon stock and st.ock of balanced ~1l\tual funds q~lo1ifying as bgal i.nvc3tmcnts at the time of the purchase thereof. (c) To purchase investments at premiums; to charge premiums to income or principal or partly to ("uch. (d) To subscribe for stocks; to join in any plan of lease, mortgage, rncr[~cr, con,solidation, reorganization, foreclosure or voting trust and to deposit securities thereunder; and generally to exercise all the rights of :iecurity holder,; of any corporation. (e) To vote, in person or by proxy, securities held by them and in such connection to deleGate th,~ir discr2tionary po\~ers. (f) To repair, alter, ir.1,'rove or lea:3c, for nny p8riod of ti.me, any real or personal ,')ropurty J and to Ci vo opt ions for leases. (g) To sell at public or pri.vata sale;, for cash only, \~ith or without 3ccurity, to exchangc or to part:Lti.,)n l'oal or porsonal property and to give options for 15a103 or cxchanG(~3. (h) To conduct any tJu:3inc;33 in \'Ihlch J aLl en[;agcd or in which I have an int0lrc~t at tho 1~1_~1~ 0f :"\' dcatll, for JUell ~)uriod3 U3 th(~y :-:13.'1 dCC;ilh adv i3abl-:~ and :'lith ,,(<.ICY' to b~)::'~"o':,r :~Jono~r and 'l)lcdrte ~ 01 ...., .. '-, the assets of th[~ bU3incs3 and do all ot~cr ~C~J that I in my lifc- t.i'nc' COllJd h'lV" don" (ll' r_,) ('1"11(';':"1~'''' "'l'C).) r),)~'l,-.......' ~-'_r~ "11" n'lrtnPI" ~., _ _. _ __ '. '-" '-'~ .'-".......~:J(u'.~ ..' c._. .............' v.... ....l.) .-1'.. ...., mana~~r or c;n01o~rC8, ~Jith()tlt ll;)l)ility fl,r 3ny l~JS ~ccllrrlng.t~crein; prov~acd, ho~uvcr, that no as:3~t of ~y ~:~~:~tc ~JhlCh 1 have not oevoted th;,'r'ctc) 'in n;' life!". imc ,;hall bc lini)lc Ln" th,; debt:) and contl'act~ of such bu;-.::~n'2:_;:J. -6- j~ #;.1f<<iLt~ ,. ~ " '. '. ....0 " ,', (i) To organize a corporation, withuut ICBve of court, to carryon any busirlC:"j in \-Ihich 1 ar:1 dlGil[;ed or in '.'Ihich I have an inturust at the timc of my death, by l;hem~clv",; or \'I.i.th uther:o, and to contribute all or part of the as~et~ of such bu~ine3~ a9 capital to :;uch cor~loratioll and acc',pt :;tuck i.n thu c:)l'p"r'at.ion in lieu thercef. (j) To accept as correct, in the ab:iencc) of actual notice to the contrary, financial and othc r ~tatcm8nt:; renccrad from time to time by any incorporatcr.! or unincorporated bu~incss as to its condition:; and operation,;. (k) To 8XCCUt'J ~)artncr'.;hj.p agl'(.::~ment.:-.i ;:~nd ar:ll.:ndmcnts thereto. (1) To modify and rener;ot iatc any agrucments for the sale of any real or personal prop(,rty thc]reof or to wai.v'J provisions of any such agreement if it. i3 in the interest 0:':' my estate to do so. (m) To borroVl money from any perc;on, including FarMers Trust Company of Carlis le ,Penn3ylvania, and to mortgage or pledge any l"eal or personal propert,y, subject, however, to th8 l:Lmitat ions of subparagraph (h) hereof. (n) To compromise claims. (0) To add to the principal of any trust created by this will any property received 1'1'00 any person by deed, will or in any other manner. (p) To make di.stribution in kind. (q) To exercise all po\"/er, authority and discr8t ion Gi.ven by this will after the termination of any trust creat.ed herein until the same is fully distributed. TENTH: I,ll' tru:otee shall determine '.-,hat if> income and what is principal in Trust A and Trust B above, and what expenses, costs, taxes, and charges of all kind shall be charged against income and what shall be charged against principal, and the decision of said trustee shall be conclusive upon all partieJ. ELEVENTH: If my vl:Lfe, Jane Y. Ilichardson, and I die in a common disaster or from illness or disea3D undor circumstances where it is not possible to determine ',Iith c'3rtainty vlhieh of us survived the other, it shall be conclusiv81y presul~ed that I did not survive my said vlife. TVmLFTH: If my wife, Jane Y. lLLcharcl:1on, shall elect to take again:3t this vlill, then my (~3tatc shall be administered and distributed and thi,; vlill "hall be, construed, as if my Vlife had prcdccca:3ed me. THIHTEENTll: I appoint my beloved '.1iJ'O, Jane Y. Richardson, Gx(;cutr'iz. to ::;c~t,tl~; my :~t:lt:,':;. FOURT2SN1'H: If r~y beloved '.d.re, J an', Y. Hi.chard3on, predeceases m(o, does not qualify a:3 e;{()cutrix of :ny e:it3t(; '.Iithin thirty (30) days of my dCRth, renounce:-, or rnsign'J lL~r rir:ht to 3cttlc 3amc, I appoint Marion R. Lowor, ~3quire, of Cal'liSlu, .Pennsylvania, executor to ~r;ttle my TesCate. I di.r';.;ct that hu be rctained as thc -7- 'J ," /<' , -) /.;i?:-t1)ttJ;~hd/4~~, OATH OF SUBSCRIBING WITNESS COMMONWEAL1'H OF' PENNSYLVANIA 1 ss: COUNTY OF CUMBERLAND \ -c:.k- This.............,. ...... ..$:....... ........ .......... ........ ............. day of,.......... ~,~,':'.~... ................ .......... ........... ...... A, D., 19.~,~...., Mq(y. C. Lewis before me KljiK3lt~~~lQ!,~ Register for the Probate of Wills and granting letters of Administration in and for said County of Cumberland, in the Commonwealth of Pennsylvania, personally came .............. Marion R. Lower AI"'!) Marlene Martino ................................................................................................................................................................................ the subscribing witnesslllt to the foregoing instrument of writing purporting to be the last Will and Testament of .........y.~.l,.!G.Ij~..M..,.R!,<;;t:I.~R!?~QN........................................... Dated q~~.~I)l~~..?(.,!?!.~............ lateof......".............~.mv.yJ.I.!,~........................................................................ Cumberland County Pa" deceased who being duly ..........~1f.o:9,m........................ according to law, depose and say, that ..,h.~..'f.~!........................., present, and saw and heard the testat.OT............................, .Y.AUG.l:\N,M.....RIC,Hf.\RD.,S.Qhl........................... sign, seal, publish, pronounce and declare the said instrument of writing as and for hIs............. Testament and Last Will, and at the time of so doing .............,hll...............................was of sound and disposing mind memory and understanding, to the best of ........hi~.................................,knowledge, observation and belief, ..................~1f.o:9.m.................... and subscribed before 1'-- A1~ 7? ~~ .. "'M~~i~~' R:.''t:~~~;,..'''... ,.".,.. .".....,.....".."...,....".. ~~~~~.~~~...,",.,.,."..,',. Mary C. Lewis, ""... "',"" ......" ,.."". .".."". .",.",.. .....,.. 'U;)......... .... ......., l)n ~' ^"\ (j,1 12, J:"";"'l((/j!,. "i,}{-!..,:r..!IO.l!.l!J.fJ. .................. .vlar ene artlno C AFFIDAVIT OF DEATH COMMONWEALTH OF PENNSYLVANIA I ss: COUNTY OF CUMBERLAND \ .""....".", AA~.~.X,.,.R,I,C;;!:I,~R!??Q~,"" ",.'". ....,.".. ......" "."..,.,.. ...,.... ."", ..."."....".. ..,.."", ..",......".""..being duly ................~W,Qr.n....................... says that as nearly as can be ascertained the said decedent .......................... """",."" .Y.Ahlg.tj,N.M,...,~,1,~,I:!~RI? ~9..r:-!.... ........" .,." .." ...,.., .".". .",.".. ..".. ,.."". .""",..,.,..",.. ......., ..".'" ",.,died on ...............~,~~~~y....................... the ...........I,~~..................day of ..............~.~,~.~..............................., A,D" 19..~.?.., at or about ..........!..I..I..{..................... o'clockt..M, ................~~~~,~...........................and subscribed this ..u.... ..................5............................ day of ...)\m~............ 19, .eft.., before xJ~~i~~ri&.e:l4d~.,.,.....,"" 2~~~,.~~......,...,.."..... Mary C. Lewis OATH OF PERSONAL REPRESENTATIVE COMMONWEALTH OF PENNSYLV ANlA } COUNTY OF CUMBERLAND 88: Before me, the Regist.er 1'01' the Probate of Wills and granting of Letters of Administ.ration in and 1'01' the County of Cumberland, personally came ....)~,I:':l.D'"..~,!~.IjA~I?.~Q.I:':l........................................................ who, being duly ..,ffl,9Xr!................, do ~~....... depose and say that as.....!H\~I<V.tr.i,>.<..........................................., of the last Will and Testament of .....y.~,I.-!9..I:1N..t:-:k~!f~A~!??.9,N...................................................deceased ........$h!l............ will well and truly administer the goods and chattels, rights and credits of said deceased according to law, And also will diligently comply with the provisions of the law relating to Transfer Inheritances, ....?Yf.9r,n.............. and subscribed before me. ......J.v.nfl..............,~....................... A. D., 19.~.9........ ~:t~~~~':\~~.".."...,",.,.,' Mary ~~~is, x."j~i'~i&~~~,.,"""",.., .................................................................................. :'T.i 0: :<ll <Xli Vi : '" (1) :~ l""Ir :<ll :0 U. zi PI: 0: 0 t/l: ell: 0: :tl:: D<: <!: ~ .,... ~ ~1 ..J J:: 0 u: 0 C ~ : ..J -, "" D<: - ~ I : - .: - .: o : S ~i ~ ~\ N: ell : "; I : zi l:: " : ,~ 0 N: J:: ""Cl Ill: Gl: CO ~i <ll c: 0 ""Cl N: :>: . Z :J: ... -,: - <!: 0 PI: M CJ :tl:: $ >i ~ .s <ll ""Cl ci ""Cl bIl <ll Vi l:: '" - Z ~ ,~ '" p.. Ii:< DECREE Be it remembered that on the ....,~.~~~........., day of ...............~~......................., A, D" 19~,~...., there was probated and recorded the last Will and Testament of ....~.~.~51~~..~~....~~~~~.~~~.~......................,.., late of .......,'~~~.;,g~................................................., Cwnberland County, Pennsylvania, Deceased, Letters '.........,",.."...~~.~,~~~~.~~,;y"...... were granted to ,.....,.".., ,.,...~.~~~,..~.~,.,~~~~~,~~,~~",...,"""',...".........., Witness my hand and official seat the day and year aforesaid. "...~A~~./4-,...~:::.~. l4Bw. lWMxAA RegIster. ~ 1 .,.____ __ ..~ ____ """'- ~- -~ W~ ~ -4A 1 d~~~~~!t":;\'J:: ',; ~. '" "., , COMMONWEALTH OF PENNSYLVANIA , 4 '~cl';II',\l)I:94:1<7 ' ' , . DEPARTMENT OF REVENUE 1 l~~~~/'" " :' " OFFICIAL RECEIPT. PENNSYLVANIA INHERITANCE AND ESTATE TAX 1 11"": 1 = I 'lI ,I 'I j a r ~ \1 Jane Y. Richardson , t ~~g~vED" Marion R. Lower, Es . ; I , } 'I TAX AT 6% TAX AT 15% TAXAT_% ADDRESS 31 south Hanover st. ESTATE TAX Car liale '--eSTATEINFORMATiON: ---- DATE OF DEATH TOTAL TAX CREDIT $3,571.39 --- -- ------------- FILE NUMBER 21-80-401 LESS DISCOUNT PLUS % INTEREST (FROM 3-1-81 To~81 2~ n'7 .00618 TOTAL AMOUNT PAID n ",0]..1& OATEOFPAYMENT A ril 9, 1881 vau hn M. Richardson C umber land o m NAME OF DECEDENT ---------------------- .PAID IN FULL" /:}: 1/ ~SIG~{" :,./ SEAL RECEIVED BY REGISTER OF WILLS ,. PENNSYLVANIA INHERITANCE TAX GENERAL INFORMATION 1. ~ONS RESPONSIBLE FOR RETURN Section 701 of the Inheritance and Estnte Tax Act of 1961 provides that the following persons shall prepare and file a return: a, The personal representative of the estate of the decedent as to property of the decedent administered by him and such additional property which is or may be subject to inheritance Tax of which he/she shall have or acquire knowl edge; b, The transferee of property upon the transfer of which Inheritance Tax is or may be imposed by the 1961 Statute, including a trustee of property transferred in trust, provided that no separate return need be made by the transferee of property included in the return of a personal representative, 2, PLACE FOR FILING The return is to be filed in duplicate with the Register of Wilis of the county wherein the decedent resided, 3, TIME FOR FILING The return is due nine months after the decedent's death, unless nn extension for filing has been applied for and granted by the Secretary of Revenue within the nine-month period, 4, FAILURE TO FILE RETURN Section 791 of the 1961 Statute provides that" , , ,any person who willfully fails to file a return or other report required of him, . .shall be personally liabie, , ,to a penalty of 25% of the tax ultimately found to be due or $1,000 whichever is the lesser to be recovered by the Department of Revenue as debts of like amount are recoverabie by law," , ! I \ , ! 5, TAX RATES Inheritance Tax is payable at the rate of6% on transfers to lineal descendants, such as father, mother, husband, wife, son, daughter, grandchildren, grandparent, son-in-law and daughter-in-law and at the rate of 15% as to all others, 6, PAYMENT OF TAX The tax assessed on the transfer of property reported in the return is due 9 months after the decedent's death, Interest at the rate of 6% per annum accrues thereafter until payment is made, All payments recei ved are fi rst applied to any interest which may be due with any remainder applied to the tax. IF TAX IS PAID WITHIN 3 MONTHS AFTER THE DECEDENT'S DEATH, A DISCOUNT OF 5% OF THE TAX PAYMENT IS ALLOWED. All checks should be made payable to the Register of Wills of the county wherein the decedent resided and are received subject to the final determination of the Department of Revenue, 7, FAILURE TO PAY The taxes imposed, together with any interest thereon, are a lien upon real property, which lien remains in effect until the taxes and interest have been paid in full. The taxes may be sued for against any real property in the decedent's estate or againsl.any property belonging to a transferee liable for the tax. 8, FILING OF FALSE RETURN Any person who willfully makes a false return or report required of him shall, in accordance with Section 793 of the 1961 Statute, be guilty at a misdemeanor and, on conviction thereof, shall be sentenced to pay a fine not exceeding $1,000 or undergo imprisonment not exceeding one year or both, NOTE: Compensation paid to an estate representative; namely, an executor or administrator, for services performed' in administering an estate is reportable for Pennsylvania income Tax purposes, Tllis taxable income item should be reported on torm P A-40-lndividuallncolOe Tax Return, - SECOND SUPPLEMENTAL SCHEDULE "6" PERSONAL PROPERTY i-\t:V"4tll l..^t (i:I~BO) COMMONWEAL TH DF PENNSYLVANIA DEPARTMENT OF REVENUE TRANSFER INHERITANCE TAX RESIDENT DECEDENT (lnstrucfions on Rovorsr. Sidr.) ~, ~rr.~~~ ,:\.f;;;J ~~~, .. .;J.;' . !""..., ,.\\,,~~r.y..,. VAUGHN M. RICHARDSON DESCRIPTION UNIT ESTIMATED DEPARTMENT VALUE MARKET VALUATION VALUE IOFFICIAL USE ONL Y) $ 9.86 $ 13,456.38 share $ 378.00 $ 97.50 _I. 1364.744 shal'es , unissued, of Windsor Fund stk, Acct. No. 62088000-8, date of death value on 6-1-80 2. Refund - Belvedere Medical Clinic 3. Refund - Medicare * See original inheritance tax appraisement in this estate for $9.86 per share value at date of death of issued shores of Wi ndsor Fund stock. .' , I,l- , .~.. ~. ... .l,... ""' c' "-. ':.' CL l'-'C , : (.) I'.~_., :"''<':0 c:' r-- ~~z CoI;.: ~ {' ..~ v.:IJ..! (":_1 0'-. ~ -'0:: ",0' CC' Ow 0(3 '<.0 "'.,. ~UJ "'- 0.: ~ l"::> a: ~ .J<.:l <J TOT AL $ 13,931.88 I~: If additional space is necessary, use 8\/" x 11" sheets. REV.4114 EX+ tHOI INHERITANCE TAX SUMMARY SHEET (BUREAU USE ONLY) Date of Death June 1, 1980 o Original Ii:l Supplemental o Remainder FII e Number Estate Name. :IW~l- V/ill9hn M. Richardson Social Securi ty Number 186-03-2391 REPORT OF INHERITANCE TAX APPRAISER I, Ihe undersigned duly oppolnled Inheritance Tax Appraise, in and for Ihe Counly of Cilll1f'f,t'1 ~~ Pennsylvania, do respectfully reporl thai I nave appraised the rool and personal property as ,eporle n the oregolng return at the values sel forth opposite each ilem in Ihe lasl column '9 the, righl in -""edules "A", "B". "C". and "E" Daled: september 25, 1981 ~ .....r' RITANCE TAX A RAISER ADJUSTMENTS REMAINDER APPRAISEMENT CODE INVENTORY VALUE AS APPRAISED CODE (HARRISBURG USE ONLY) Real Property (Schedule A) S NONE 00+ 92+ Personal Property (Schedule B) '0+ Jolnt.Held Property (Schedule E) 21l+ Transf.r. (Schedulo C) NONE 30+ TOTAL GROSS ASSETS 13,931 88 LeIS Debts and Deductions 40. 93- (SCHEDULE F) CLEAR VALUE OF ESTATE o Life Estale Bill FACTOR PRINCIPLE YALUE CODE o Annuity FOR USE OF REGISTER ONLY Tax on $ CODE 6% ___ COMPUTATION OF TAX $ $ $ $- $ Tax on $ 15% Tax on $ Tax on $ T ax on $ ExemptIons Totol Estote TDTAL TAX INTEREST FROM BALANCE TO $ $ $ Less Credits DATE OF PAYMENT AMOUNT PAID TAX CREDIT $ $ INTEREST FROM aALANCE DUE j .jJ 0-1 ... ~ i N ~ ~ ~ r-- 0-1 Z i-<l ~ 0 >- 'ii! .~ rlJ i-<l '" ] ;:J . ..J ::;: .jJ ~ <: III ~ ! - ~ U z i - 0 ~ \:.0 It) \:.0 - It) 0 ~ ~ \:.0 c:i \:.0 fooo 0 '" 0 z d '" Vl >- fooo d - i-<l Z fooo i-<l fooo i-<l Z Z ..J c:i - c:i ~ z :<: :E ~ ~ ..J Z Z CI ;:J U ~ i-<l - ~ tIl ~ 8 0 z ~ i-<l CI ~ :l REY..lSn \8"7111 COMMONWEAL TH OF PENNSYLVANIA OEPARTMENT OF REVENUE BUREAU OF FIELO OPERATIONS APPLICATION FOR AND CONSENT TO TRANSFER SECURITIES REGISTERED IN THE NAME OF A RESIDENT DECEDENT ~" --------...----.-.--... -. DATE 7 ------- -- - 1980 APPLICATION (MUST BE FILED IN TRIPLICATE) TO THE PENNSYLVANIA DEPARTMENT OF REVENUE: Application is heroby made far consent to the translor of the following securities of 0 Pennsylvania Corporation or 0 National Banking Association located in Pennsylvania: (a) 200 shares (b) The Formers National Bank of Newvill e, Pennsylvania, (cL__~o_~n - ~ert. NIOL (NOTE: In describing securities enter in (a), ab ()Ie, eilher the number of shares of slack or the face amount of registered bonds, in (b), the nome of the issoing compony ond in (c) ,he closs of stock or tho stated interest rate and maturity date of registered bands.) ISSUED ON 2-15-80 ,and having 0 TOTAL MARKET VALUE OF S_\l,AO_OJ,OJL (Dol.) as of the date of death of the decedent, Vaughn M. Richardson (Name of Decedent) ___, on_--.lune 1,1980 (Dote of death) who was late of 66 West Main St. (Street and Number) Newvi II e _________ _<;:;um~-~rlCl..1JCL-_-Pennsy Ivania (Post OHice) (County) (State) The securities are registered os fallows: Vaughn M Rich,ardso~___,_. (Name or names in which certificates ore registered) XX~ImlX~0:~ EXECUTORIX } 66 W ~Main_St.,-l'Sewv.i.Uer-l'.ennao-1Z24J (Address) NAME OF APPLICANT _J~me_'J'_._Richar,dso.n COUNTY FILE NUMBER 21-80-401 ADDRESS OF APPLICANT 66 W 0_ Main St., Newville, Pena. 17241 BUREAU FILE NUMBER SIGNA TURE OF APPLlCAN{~ ') (b, 1~_(j';~~-.!dl-(.i(7II/,t-/'^-' NOTICE: IF yOU FAIL TO PROPERLY FILL IN ANY PORTION OF THIS A'pTrCICA:TION, IT WII:'L NOT BE CONSIDERED COMPLETE AND WILL BE RETURNED TO YOU FOR COMPLETION. Jane Y. Richardson (Ham.) COMMONWEALTH OF PENNSYLVANIA - DEPARTMENT OF REVENUE CONSENT TO TRANSFER SECURITIES DATE~-' to J9fo I hereby consent to the transfer of the above securities now registered in the nome of the aforesaid Decedent and waive the filing of a certificate certifying to the payment of the transfer inheritance tax to which the property of said Decedent is mode subject pursuant to the provisions 01 ,ho Act of June 20, 1919, P.L. 521, as amended and the Act of June 15, 1961, P,L, 373, os amended. This is also in accordance with the provisions of the Act of April 9, 1929, P.L. 343. This Consent to Transfer the herein described property operates only in reference to the estate of the ahove-named Decedent, Signori for the Secretary of Revenue CJ B,jn~;~;~"nB\J;;;t;- o~JRp~, J".~Dl,Lll~. 0~~_ -'TIt~' -.lJ (County) - ...-.....~-~__ "'-"L ~n ~JIU... -"'-"- ~-_....-=: i:T"'" ~ ltl:'J,RCC4111nBl,\, . , ' ' 11~'tP'f';~~f~::.WJ' ,;,.. . . COMMONWEALTH OF PENNSYLVANIA I Nci,~IO~~257 DEPARTMENT OF REVENUE ~~tf('U 0\1' ,'OFFICIAL RECEIPT. PENNSYLVANIA INHERITANCE AND ESTATE TAX ~\:." ',>;, :. I :', II \" I . ; RECEIVED ----~-------.........--~Dl'1'y-'nIO " ; From: ~ ~dress ~ - .,'1.' ',/PJ. .wJ",._ Jane Y. aiohaJ:4eQn 0/0 Marion R. Lower, 31 S. S~qoY.r S~r..~ HtQilIUlD--.alXTY-UGH!l' . J& '100--- representing Pennsylvcnra Inheritance or Estate lox due from the following er-lale: ..q. 2'k Tall on s _ S C...Ha1.., 1'7011 691 Tox on s s Pa. 21_A1l-401 Dole 01 Deoth_ 6-1-1990 15(1~ Tax on s s ! File No. Dote 01 Payment AlI9J'.t , 1 . ,gAn '7c Tax on S Estate Tax, Act of May 7, 1927 s s I Name of Decedent VAlr12H1lJ .. _ RYt!IU.ImAOY County C.'.....rlan4 s 2, .,e1. 74 Remarks: TOTAL TAX CREDIT less five percentum of lax if paid within three months ofler dole of deolh Plus Interest at the rote of _%from 10 s s 11la.39 "'AID 01lT ACCOUNT" 'D'rn~[p[b~@m'iJ'rn SEA L s 2.269.:lA TOTAL AMOUNT PAID NOTE: Thl, Tripllc.te Receipt to be retained tor audit purpo.... A ,....p '.1//t'l: (~d:/~~;~ (Signature) M~ . ae e sf Wille Received by NOTE: In o(ceptlng Ihe Iranslor inn.rilanc. lox. on fulure estates, prior 10 lh. dealh 01 the li!_ 'enanl or '.nont lor yeon, os evidenced by this receipt, II Is understood thol Ihe Commolw...eolth sholl I nol be precluded or preyentod from herealler oueulng odditionallnherllante la. olin. dtloth of the Ill. 'enonl or lenonl for years whenever II appears that such additional 10. moy be legally due and coll.dlblelor any reasonwhotsoe...er 11 1:-------------------------------------------- I I 1 i .1 I i I \ I I I j i I i REV..'!? le"18) COMMONWEALTH OF PENNSYLVANIA OEPARTMENT OF REVENUE BUREAU OF FIELO OPERATIONS APPLICATION FOR AND CONSENT TO TRANSFER SECURITIES REGISTERED IN THE NAME OF A RESIDENT DECEDENT *~ APPLICATION (MUST BE FILED IN TRIPLICATE) TO THE PENNSYLVANIA DEPARTMENT OF REVENUE: Application is hereby mode for coosent to the tronsfer of Ihe following securities 010 Pennsylyania Corporation or 0 Notional Bonking Association located in Pennsylyonio: or'----"-----"- DATE LL~1'~ ,R ,--'JBO_ (0) 3,110 shares (b) Vulcan, Inc. ,___,___,__(c)_,.c_OI11I11Q.~- (NOTE: In describing securities enter in (0), ab Ole, either the number of shores 01 stock or the face ornaunt of registered boods, in (b), the nome of the issuing company and in (c) Ihe closs 01 stock or Ihe slated interest rote and maturity dote of registered bonds,) ISSUED ON ,and haying 0 TOTAL MARKET VALUE OF S-_3Z,B06.01 (Date) os of the date of death of the decedent, Vaughn M. Richardso"-___________, an_June 1, 19BO (Name of Decedont) (Dote of death) who was late of 66 W. Main Street (Street and Number) Newville Cumberland -..-..--.----------...- . Pennsylvania (Stota) (Post Office) (County) The securities ore registered os follows: Vaughn M. Richard~o~______n____,_.u__,____ (Nama or names in which ccrtificatcs arc registered) ~~)(~R)< EXECUTOR IX ) JaneY. Richardson 66W. Main St, New~till~ Penna. 17241 (Nome) (Addross) NAME OF APPLICANT Jane..Y,..-B1~ba[d_\on COUNTY FILE NUMBER 21-BO-401 ADDRESS OF APPLICANT _66_ W...Main,S.t.,_l'-ie.w.vlU-er-&nna.-l7241 (1\(1 _7 ;}'/I / Y.. BUREAU FILE NUMBER SIGNA TUR E OF APPLlCAN~;z;,'>"L';0'.. {'r" ;,,-", ,..-./Od-, ( - NOTICE: IF YOU FAIL TO PROPERLY FILL IN ANY PORTION OF THIS APPLICATiON, IT/WILL NOT BE CONSIDERED COMPLETE AND WILL BE RETURNED TO YOU FOR COMPLETION, - --------------.---- COMMONWEALTH OF PENNSYLVANIA - DEPARTMENT OF REVENUE CONSENT TO TRANSFER SECURITIES /l. "/9fi DATE LtLi1-c/I. I hereby consent to the transfer of the aboye securities now registered in the nome of the olotf,said ' Decedent and waive the filing of 0 certificate certifying to the payment 01 the transler inheritonce tax to which the property of said Decedent is mode subiect pursuant to the proyisions of the Act of June 20, 1919, P.L. 521, os ameoded and the Act of June\15, 1961, P.L. 373, os amendod. This is also in occordance with the provisions of the Act of April 9, 1929, P.L. 343. This Consent to Transfer the herein described property operotes only in reference to the estate of the above-named Decedent. ~~, " ",\\~~j~ ,. " ,.'t ",fl,. ".'''''~"r,",,;< Signed for the Secretory 01 Reyenue i/j' /: By__/21(L{,tj-/!-~;~~!1:,J -- (IJ . (\;9n6'"'0) cj'1"~ .';'ji;~" {~V .. 'A.,-,rn1~d>0_~ II ( Ie) (County) , I \ ...-.....,; ,---. ""--&-' "~~, ,,--- -~, ~ ~, -"-"', -... -..., f lI.i'"EV.'f'021)(\:;:;)::;:;">:"/"'/':::~("\';","'" ," '<',', " ' ' '." '.', ,,' , :~I\%~\:['~';'ANm;:{::,;,{;I' ",'. COMMONWEALTH OF PENNSYLVANIA ' ,. I. 4 :N();lIlp;,'.297,20':'" ,',', ,,' DEPARTMENT OF REVENUE : ,ij}~:r'~" :' " , . ' 'OFFICIAL RECEIPT · PENNSYLVANIA INHERITANCE AND ESTATE TAX t\ ; II = i ~'M" Ii FROM C': ADDRESS 31 S TAX AT 6% TAX AT 15% Jlne Y. aiohardlon Mar ion R. LOWer ZI TAXAT_% ESTATE TAX '774.71 Car 1hle A 17013 TOTAL TAX CREDIT '--ESTATE~FORMATIoN~-------------------------- DATE OF DEATH June 1 1980 FILE NUMBER 21-80-401 DATE OF PAYMENT Auqult 17, 1981 NAME OF DECEDENT val'l;h" II Q" ft h.,. iIIsnn COUNTY Cumber 11nC! LESS DISCOUNT PLUS % INTEREST (FROM TO_I m m TOTAL AMOUNT PAID $774.71 -------------------------------------------- POSTMARK DATE \ REMARKS. ~ "PAID ON ACCOUNT" '" ~'" t/ ' .' / ' i/;' '//~l//y _' ).j//1~ . SIGNATURE SEAL RECEIVED BY t L,_,_,_____~c.__________,__,__._____'_____. REGISTER OF WILLS ---:'"'i7"""""";----:-...----------------------------'-------------- II3IJt ---- "'~~~~~f:r;f::;::.~:.-",\'.;'::..,'.' COMMONWEALTH OF. PENNSYLVANIA , ",.'..','" o ~ ,asa03"''-' ,..,' :,"', DEPARTMENT OF REVENUE .' '",' \~~~;rftai!(:,:(\h::,,9,fnl~'AL:"ECE'PT · PEN~S~L~A~I~,INHE_RI.T~~.~~. ,~~~, ESTAT,ETAX, I ; RECEIVED II a ~ ti ____________________~RD.a TAnn8&Nn nnt. T..a RA_____________________dollors represenling Pennsylvania Inheritance or Estate Tax due from the following eslate: From: _.~ iess C 0 MuLon R. Lower. " .. "...."v.. A.t!r..t!. .Iq. 29, Tax on $ $ carlillla. Pa. 17013 6'k Tax on $ $ File No. 21-So-401Dole of Dealh 6-1-1980 15'?" Tax on $ $ Dote of Payment A~U.~ 29, l!a80 % Tox on S Estate Tax, Act of Moy 7, 1927 $ Nome of Decedent VAUdIlllT M. RJc:!IIARDSOII $ County C".'ha.l.n4 TOTAL TAX CREDIT less five percentum of lax If paid within three months after dale or dealh Plus Interest 01 the rote of _%from 10 $ ','I;."TA, Remarks: s 157.89 · PA1D 011 ACCOUII'1'- s '[j'OO~~[L~@ill'[j'rn SEAL TOTAL AMOUNT PAID s 3.000.00 NOTE: Thl. Triplicate Receipt to be retained tor audit purpose.. Received by NOTE: In accepting Ihe Ironder Inherllonce lOll on luture esloles, prior to the death 01 the lile lenont or lenonl for years. os evidenced by Ihis receipt, II is understood thot Ihe Commonweollh sholl nol be precluded or pre...ented from hereofter oueuing addlllonallnherltonCIl tall at Ihe doath of the III. tenanl or lerlonl for yean whanever II appears Ihot such additional lOll may be legally due and collecllble for ony reOlon whotso.v.r. I ( ~-------_._----------------------------------....:..;..,;; n 0:1 ,- ~t"T1 ~ ",'" 'i:XI f1\'M exl?>: f1\r: "" ~o :f.l,:.J "0 ~.~. ::.0 ,......1 "':1 "to':;-' ~.:.. ::-. N .;,"'1 (J:~; N ,19 -, ,..,.. e'l::l " , en J >- VI Z Z . w :E IX l;< 0- Z w , 0 :::> >- t :c Z o l- t!) Z :J c! U Z :J 0 w UJ:= _ :J ~ VI :.:: 3:< VI 0 ..-l w 0 ~ Ooo! ~ Z U IX IX -' I- ~ <l: 0 u.. <l: 0-, < it Z 0 :c ci). ~ Z w !:d 1--, ZW:i "" :5 <( Z- z.. o IX- ~ IX O~ Oa:~ w w ZQ) _0 I- c!~ j!: ~~~. VI t; w <(< Z :::> ~O w ~ -' _ u r3z w ". ,/ \,../ . INFORMATION To insure proper credit to your account, tho name of the estate Dnd fila number should be clearly print- ed on the check or money order. This assessment is mfldo in accordancn with Section 708 of the Inheritance and Estate Tax Act of 1961 (72 P.S, 9 2485-708), To the extent that inheritance Hill( is paid within three (3) months after the death of the decedent, a discount of five 15) percent is allowed (72 P.S. 9 2485.716), Inheritance Tax. other than lax on a future interest, is due at the date of the decedent's death and becomes delinquent at the expiration of nine (9) months after the decedent's death (72 P.S. g 2485-711). Inheritance Tax on a future interest is payable within three (3) months after the transfer takes effect in posseSSion and enjoyment and is delinquent thereafter (72 P.S. S 2485.712). Calculate interest from the delinquent date shown on the face of this form to the date of aclual payment using the following interest table: ------------ --------- - -------- - --- ---- - - ---- - -- - - - -- - --- -_.~ ------- -- -- - -- -- 1 month .005 4 months .020 7 months ,035 10 months .050 2 months .010 5 months .025 8 months ,040 11 months ,055 3 months .015 6 months .030 9 months ,045 12 months ,060 1 days .00017 11 days .00186 21 days .00352 2 days .00034 12 days ,00203 22 days .00369 3 days .00051 13 days .00220 23 days .00386 4 days .00068 14 days ,00237 24 deys .00403 5 days .00085 15 days .00250 25 days .00420 6 days .00101 16 days .00267 26 days .00437 7 days .00118 17 days .00284 27 days .00454 B days .00135 18 days .00301 28 days .00471 9 days .00152 19 days .00318 29 days .0048B 10 days .00169 20 days .00335 30 days .00500 -- ------------------- _._- - --- ----- --- - ---- -- - --_._- -- - - -- --------- -----.. Any party in interest, including the Commonwealth and the personal representative, not satisfied with the assessment may object thereto within sixty (60) days after receipt of this Notice as provided by Section 1001 of Ihelnheritance end Estate Tax Act of 1961(72 P,S, 9 2485-1001). Make check or monev order payable to: , "Register of Wills, Agent" Mail to the address listed below: .. ,. ,. -:J>1,l-l~' /1_lqro COMMONWEALTH OF PENNSYLVANIA ~. DEPARTMENT OF REVENUE WIt BUREAU OF COUNTY COLLECTIONS 0( ).- 70 -If-o / COUNTY OF CUMB.~.RLAND.............. Form RCC-:13 RESIDENT DECEDENT IMPORTANT: Thls return must be complet.ed In det.nllllnd ftlcd in duplicate, with wUl nt.taclled, with the ncgistcr of Wll1s of the County where decedent. rcslctnd; I\eturn 1s duo within one year after date of' <tont.h, unless IUl oxtnn."lton Is grunted hy the Secretnry of Ilcvenue. (Section 70:1 or the Inheritance umI Estate Tax Act of tOol.) IN THE MATTER OF TIlE ESTATE OF ___.y.~!_}.G~t!..t0.!.~lq:iARDSO N (state full nama of dl!Cedent) ...........................}:=: ~:ecutrix ADMINISTRA'fOR .. County Slale 01 ...... Late 01 ___..S;y~bed(l~. .......... P..enllsylva Ilia Cumb!!~ICllJ~ Count,. or . - .--. -....} ss: MM ...._. Executrix ............ :11'---1* lI.lllGillhllllM~ J.A..N.LY. RICHA.RDS9N or the estate 01 the above-named decedent being duly !iiworn. deposeS and saJS, Decedent dJed ...."...."......H.hh.~.une ,-t 19Q.Q....... ,J teltate leaving a lut will, copy of whIch 11 hert-to .tt.ched. } (Munth) (lilY) (Vt-llr) L>i.~~ N.me and addre.. of attorney or} Mar!on.. R.".~9W~r, ,,~sq,._ ."............."..._..........._m....... other authorized representAtive to whom .11 co"...ond,ncc .hould b, 31 South Honover Street, Carlisle, P.enna. 17013. m died. That as such ,..~.)(.~.:.~.t.r.~.)(......................... deponent is familiar with the affairs of said estate and the property con' lGlfIUjl'4mlOlDlD4K)(,)QX stituting the assets thereof and their fair market value. That at the time of death there was no safe deposit bux registered in decedent's individual name, or jointly with, or as agent or deputy of another, or in decedent's individual name, with right of access by another as agent or deputy, with the exception of the folluwing:- NAME AND ADDRESS OF BANK OR OTHER INSTITUTION IN WHICH DECEDENT RENTED A SAFE DEPOSIT BOX Farmers Nationa I Bank of ewvi e, Penna. 17241 THt S SAFE DEPOSIT BOX RENTED IN NAIlE OR NAYES OF Va h M R' Jane Y R' RELATIONSHIP OF JOINT HOLDERS TO DECEDENT That the contents of said safe deposi t box or boxes are itemized under Schedules ~ of this return, wi th the exception of the following, for the reasons hereinafter set forth: That Schedule A attached hereto and made part hereof sets forth fully and in detail all the real property in the Conunonweal th of Pennsylvania of which decedent died having an i.nterest therein. It also sets forth the mortgage encumbrances upon each parcel of real property at the date of death, giving the amount still due at death, name of mortgagee, date, rate of interest, and book and page of record thereof. It also sets forth in the colmnns provided therefore the assessed valuation of each of said parcels, the estimated market value thereof 85 of date of death of decedent. That Schedule B attached hereto nnd made pert hereof sets forth f\llly and in detail all personal property wheresover si tunted owned by the decedent at the time of death; all moneys left by the decedent at the time of death, whether in decedent's inunediate possession, standing to decedent's credit in banks of deposit, savings banks, trust companies, or other inst! tl1t1ons~ whether individually, or 1n tMlst for any other person or persons giving also SeIIRrEltely the accrued interest thereon, if any, down to the last interest day prior to decedent's death in the case of savings banks, and to the date of decedent's death in all other cases; all bonds, postal savings, treasury cerU ficates or notes and other evidence of in- debtedness of the Uni ted States to the decedent; all Obligations, whether by statute or ag'l'eement they are designated as tax free, of the United States, or nny state, or political subdivision thereof, or of any foreign country, which are owned at the time of death; all wearing apparel, jewelry, silverware, pic- tures, lIooks, works of art, household furniture, horses, carriages, automObiles, boats, and any and all other personal chattels of whatsoever kind or nattlre, left by decedent, together with the fairly estimated market value thereof; all bonds and mortgslwS held by decedent 'md of all claims due and owing decedent a.t the time of death, and all promissory notes or other instrtunents in writing for the payment of money of which decedent dierl possessed, of whatsoever nature, wi th interest thereon, if any, giving the face value snit estimated fair market value thereof, Rnd if such estimated ftdr mtlrket value be less than the face value, it sets forth briefly Ule reasons for such deprecia.tion as to each i tern; all moneys payable to the ~state from lire insnrance policies carried by decedent; all annuity and endowment contracts the proceeds of' which were payable upon the death of the decedent; and all the corporate stocks and dividends due thereon and u"pdd as of the date of (tenth, bonds Rnd Accrued int.erest thereon to the date of dece... dent's death and other investment securities ownerl 1JY t.he decedent at the time of death, with the market value' Ulereof at such time. . III the CIlSfl of' secllrlt.lcl'; Ill' close nr I'nl1lll~' elll'lltlrutlollS, t.hll vllIIICS rl'purlellllrf' us f'ur us J1(lssthll~ Sllhstltllt.lnt(!d hy t'lllllllcllll st.nl,l!lI1lmts of 1.11(' corpol'lIt,lcIIIS, Sllowlll~ till! IISSI'I.S /lnd Illlbllllics thereof' ns 01' t.lle c1ut.e uf donUt. ,'Iw sehetllllf! nl so sut,s l'orth thf~ Int.erl!s\' nl' c!l!(:m!PIll. III, tl\l~ t1ltln of' dellth In 1\Il~' Cn-pl\rtTH!fslltp nl' IJIIslTWSS, 111111 III sllJlIHlrt. of' thl' VlIllll' nf' Hllell tllt.erl~Sl. therf! Is IlIl1lnxml to snltl schochlle, ('!nllflctlll sllltenlfmts sl1owlll~t'lenSSf!ts nnrl Ilnlllllt.ll!s Ilf' sulll l:n-pllrtlll!rshlp or 11Ilstnl1Ss. ^ copy of' tl1<' c()_purtTll~rslllp 1t~I'el'n\lmt., (If 01'111, II sI.1I1.f'mp'lIt. selttll~ f'ort.h till'! Tlnturo nl' t111l ll~r(lmIlHnt) t.ogether wilh n stl\tcmf!lIt setl.lll~ ('nrtli till' (:llIll'II~t.I'r of t.11l' lJIISIIlI'SS, Its Jnelll-IllIl, lUll I SIl(~h ot.her f'flets p<,rtfllnln,g t,n t111~ IllIslnnss liS l1ln~' 11l~ 111~I.tlllnnl, 1.'1 a I'lIlr II TIll .IllS!, Ilpprlllslll of tile c11!I:mllml.'s Inl.nrnst. tlwrellll1lllsl hns\lhmltll~fl. It should Illsn sot f'orth In Itnml".I~11 l'OI'llI, I.Il~Htlwr willi t11{~ f'ulr mlll'kfll. Vlllw! thereof', Imy uthCl' IlI'oJlert.y owned or bequl'lIl.hl'fl hy t.1w df!cl!dellt. nt the t1rnn 01' fll!fltll. The ScfJedule C Ilt,tuclle!l IWI'f~to nlHI "Hille pnrt. hereof sets forth" t.rue Ilnswer to eltch ItIIlutry contAined therein find In t.he CAse of' trnnsf'ers (If'pr()f1el.t~', renJ or personfll, wlt.hln two yeflrs of decedent's denth, In contemplntlon 01' ttecndent's denth, or intenflecl to t.~ke ef'fect In possession or enJoyment fit or after death, suill schedule sets forth t.lie IInt.tlr(! unfl vlllufl of such propp.rty, 1.0 whom trunsf'erred, the rellltionshj p of' the t.rnns forces to tile llcccflen t., the propor tlOll1l te shnro I'nce I vecJ h~' onch trnnsl'eree llnd all other facts of Il pertinent nature re,gnrfl1nl!; snlfl trlll1sf'ers. In the CIlSf! fit' l.rtHlst'ers Intenrletl to take effect in possession or en.1oyment Ilt or nfter clcnth, there is ulso nttnchlHI to the schedule a cony of the deed, trust agreement or other instrument creating the t.rust. Tl1erl~ is ILIso set f'ort.h in suld schedule n list. of all property, real nnd personal, wHh its vnlue, which Illl~se5 at. decedent's death hy virtue of the exercise by decedent, either Inrltvidunlly, or,lointly wit.h llnother, or any power of nplloint.- ment vested in decedent, either individunlly or Jointly, hy the wlll, fteerl, or nt.her instrument of' nnother, with a copy of the instrument creating such power attllched to the schedule. That Schedule 0 Ilttllchefl hereto Imet mlule purt hereof' set.s f'ortli the nllmes nnrl uftrlrp.Sses of' nIl persons beneficially interested in this estate Ilt the time of' decedent's denth, the nature of' their res- pective interests, their relationship, if Ilny, to the decedent, t.ogether with the ages nt the time of decedent's death of all minorn, annuitants nnfl heneflctllries for life under fIecedent.'s Will. It also contains a statement showing which of the beneficiur:les numed in the decedent's will, i r any, died prior to decedent, the dates of their denth, their 1.s511e, fUlIt t.he relationship of such issue to the heneficiary. That Sct>edule E attached hereto nnd ml\fle u. part hereof sets f'orth nll propert.y, renl Imd per- sonal, owned by the decedent .1ointly wt.th another or others, including intanglble, stluHling in the name of the decedent Rnd others, plus the date and place of record of instruments effecting the vestiture of real estate and the date of acquisition of personalty, plus the name, uddress ami rellltionship, if any, of co-owners to the decedent. That ScfJedule F attached hereto and mnde Ii pnrt hereof sets forth fully and In detail all rlebts and deductions claimed for and on behalf of this decedent's estate, 1.nclttfHng funeral expenses paid; family exemption, where app] Icable; costs of administ.ration of this estate; counsel fees and f'wHclary' 5 conunissions paid or to be paid; cost expended for burial trusts, t.ombstones or grllvemflrkers, nnd reli- gious services, in consequence or t.he death or the decerlent; rlehts anrl claims owing ",ut unpalrl at time or death; taxes accrued chargeable for perloct prior to decedent' 5 ,Ienth (except. those ll110wed under Section 651 of the Inheritance nnd Est.ute Tax Act); together with It stlltement of colluteral pledgefl I'or obliga- tions, ifhny. It 15 agreed that the fiduciary will present proof' of suld clnimctl ohllgllt1.ons upon re- quest, that if the amount actunl1y pllld in settlement of any fee, commission or debt is less than the estimated amount clll1ming nnd ullowed, thllt the same will he reported to the Register of Wills, nnd that the amount of tax nssessefi cnn he rellssessed :In llccQl'dance therewith. That the totllls of the nppropriate columns in Schedules "A", IInll, "'en, "g", llncI "F" ns direct.ed therein, have been carried forwnrrl and properly regist.ered In the Sununf\r~', ......""...."""................,........... day of ......rJi:a~~Mf~~.....R My commission expires 2-23-84 ~ /)f r,'., ...........:/...(i;;~~1JfI~~;:;'f~y..\-!................... 66 West Main St ............ ...........................,........,...,...",.....,.....,,,......,........'''.....H....''''.."..._~. ( StTeet Number) .t-l.e.~y!II~L~~~!:!~:w I??~I... . ................... (City or Town and State) NOTE: Before slRnlng nffldavit mllk(! sure nl1 hlunk spltces In tile afffdavit Hnll schedules nnnexed nrc ftlled In with det.ails or the word "Nol1C!", {llllt In Cllse UlC IlSSP.t.s fnclude rllre rUllt un1tsted securities, securi Ues of close or f'nmily corporllt.1ons or IlIl illt.f:'rest ill 11I1~' cn-)lllrtllershlp or husln~sfi, thnt the rlntn nnd stntements requIred under t.ile )\lIru).!;rl\ph Hhove relHtln).!; to Schc('"lf~ "n" nrf! ntlnchefl. ,\1so mllke certnfn that column #1 In the "Sununnry" IIl1s he en prflperl~' cumpletc1i ItS Ilhuvp-dlrl'ct.p.fl. Subscribed and sworn to before me this ...1.L~......... ~ ~f:b...19?9.. . A..(r~-\J~. / ; .' . REV-452 (8.78) COMMONWEALTH OF PENNSYLVANIA THANSFER INHERITANCE TAX SCHEDULE "C" TRAl\ISFERS * RESIDENT DECEDENT (1) (2) i (3) Did decedont, within two years of death, make any transfer qf .8JJ.V material part of his estate, withou'[ receiving 8 valuable end adequate consideration therefor? (Answer yes or no) NU Did decedont, within two years of deoth,tr~~sfer property from him.elf to himself and onother or others (including a ,pcus.) in joint ownarship? (answor vos or no) NO If the answer to (1) or (2}ebovo is in the affirmotive state: (a) Age of docedent at time of transfor (b) Stete of decedon!'s health at time of making the transfer, (Noto 1). (c) Cause of dacedent's death. (Note 1). (4) Did decedent, in his lifetime, make any tranlfer of p,operty without roceiving a v..luable or adequate considoration thorefor which was to take effect in possession or enjoyment et or efter his death? (Answer yes or no) NO (a) Was thero any possibility that the property transferred might roturn to transferer or his estate or be subject to his power of disposition? (Answer yes or no) . (b) Whet was the transferee's age at timo of docedent's "eoth? (5) Did decedent in his lifotime moke anv transfer without receiving a valuable and adequoto consideration therefor undor which transieror expressly or impliedly reserves for his life or any period which does not in fact end before his death: (a) The possession or onjoyment of or the right to income from the property transferred? (Answor yes or no) YES (bl The right to designate the persons who shall posse.. or enjoy the proporty transferred or income thorefrom? (Answer yes or no) (6) If the answer to (5) (b abl' e is in th offirmptive, state whether the right was reserved in decedent alone or others e I ne Did decedent in his lifetime make a transfer, the consideration for which was transferee's promise to pay income to or for the benefit of caro of transferor? (Anlwar yo. or no) NO Did decedent, at any time, transfer proporty, the beneficial enjoyment of which was subject to change, because of a reserved power to alter, amend, or revoke, or which could revert to decedent under terms of transfer or by operation of law? (Answer yes or no) NO (9) It the answer to (8) above is in the affirm.tive, was the power to alter, arnend,,qr revoke the interest of tho beneficiary reserved in the decedent alone or the decedent and others? (Answer yes or no) N~ NOTE 1: The answers to these questions should be suppolted by affidavit by the attending physician as well as a copy of tho doath certificate. NOTE 2: If answer to any of the above questions is ves, set forth below a desoripticn of the property transferred, it's fair markot value .t date of doath, dates of transfers and to whom transferred, with relationship of transferees to docedent, if any. Submit copy of any tru~ deed or instrument, if transfers are claimed to be non~taxab!e, also submit detailed statement of facts on which said claim is besed. NOTE 3: List applic.ble property below in manner in which provided in Schedules A, S, or E. (7) (8) ITEM DESCRIPTION MARKET VALUE (Estimated) DEPT. VALUATION (Dept. Only) I. Irrevocable Charitable Trust established by deceden Vaughn M. Richardson, and wife, Jane Y. Richardson, December II, 1963, having a market value of $13,476.0 on June I, 1980, date of decedent's death, (see letter 0 Fanners Trust CD. attached) pursuant to Deed of Trust ttached dated December II, 1963. No part ofthis tran fer is conceded to have been made in contemplation of death or to take effect at death. 2. Irrevocable Charitable Trust established by decedent Vaughn M. Richardson, and wife, February 13, 1978, having a market value of $20,397.17 on June I, 1980, date of decedent's death, (see letter of Farmers Trust Co. attached) pursuant to Deed of Trust attached dated February 13, 1978; No part of this transfer is conceded to have been made in contemplation of death or to take effect at death. Insert this total opposite "Transfen", Schedule lie" in tho "As Reported" column on the last page of this return. N ~?u..- .~ , . . , SUMMARY (I) (2) " (As HeJ1nrled) (As Determined) o . E~;' Heul Properly . .(Seh. "A") $ 0.00 $ ~l C 'a ~ E Personul Property ..... (Seh. "B") $ 144,.283.81 $ ,... ~::l s"- "0 'a 8 Trunsfers .(Seh. "C") $ 0.00 ,. < s. ., .:. 0 ~ c"'ll $ $ --1:: po $ $ gSi . . . . Gross Tuxllble Estllle $ .. q 144,283.81 $ lil: 2:: l- '" .. Z " W .~ .. Zli ...l " ;; .5! :>< w o \j c: ..e III IIJ VlQ g - - 0 ..e <<: ~ " Cl: c:<: t... "" '0 <C ... . Po 0 c: " ... D" Po :1:: c: ..:: '" -<: '" ". ..e .fI ~ :c W u: -0 ,", W ... l- ~' "-: c: ~ Q ~ .-. c S ~ . ~ :x: '" ~ ~ c ci 0 Ii; e: " li J; Z l- :E :l: c: t... W .~ -0. ~ ~ .3~ ----- 0 Z E 0 "- " . c:<: :I: " U ~ 0 "" ~ " W 0 Z ... c:.. " w !: ;:) ~ ~ Cl: 0:: <I:' 0 S .- '- -<: ~ '- c ::-. >' 0 .i::. ~ ~U ..= s :: " 0 (; ...l U U i '<R \.0 ~ ~ ~ ~ z ~ J.tl 0 :>< <.) H I..:i III CIl 'Cl ;:l . ~ ::E: " ..:l .... ..-l <: ~ .... H - 'M " U ~ ~ ~ - p '"' :; " ..-l .:j' N '"' - Z <.) ..-l C'- 0 ~ ci ~ '"' '"' ... 0 Vl 0 Z ci CIl Vl :>< ... ci - J.tl ci Z ... ~ ~ J.tl Z z ::l ... ci ~ ::<: J.tl ::;: J.tl Z Z 0 U t.:l Z i ~ CIl ~ 8 0 ~ r.>l 0 ::l Form RCC.10 .. . .'" .. ~/ -1) 0:> -'101 STATEMENT OF DEBTS AND DEDUCTIONS OI"FICE 0.. THE "I!OI8TER OF WIt.L8 Cumberland 0' AND AGENT 01" THI COMMONW.....LTH COUNTY III II 19' II 23 DATE OF FILING ApPRlIlSiMINT DATP.: NO, 01" YOUCH"" 1980 II II II II 3 4 5 6 7 8 9 10 II II II II II II II II II II NlIMIi: OF pI.YEE I 2 Rister of Wills S er Funera I Home er Funeral Home W. Dean Shull Re ister of Wills Re ister of Wills Greenawalt & Co, ester G. Connor fWill rdson R erved S Inc 16 Marian R. Lower E uire 17 ane Y. Richardson COMMONWEAL.TH OF PENNSYLVANIA DEDUCTIONS ALLOWED IN 7(, THE SUM OF ............ s"il...(,5t/i. ~ DATE AP!~OVEO .(}:I/lZ.l ot f qrt ~) ~.vC ~ . ) ~ L-1-(.. (?i. ,i' 0::f/ A'lI~'" of Wllh, It .Ill LI.Tli OF' Newville, Pa. June I, 1980 OATS 01" DEATH REMARKS AMOUNT 85 00 10 00 18 00 18 00 2 292 00 25 00 275 00 4 7 50 150 Ltrs, Testimentar ; Short cert. etc. 11 II II Burial ex enses II II II Appraisal of pers. & real estate prop. Certifj ed co of will extra short cert, for sa I e of stock Services re taxes Realt A raisement Filin inh, tax a " & Debts & Oed 6 F mil Exem tion 2000 Closin ex enses 50 Stock sales commission taxes & mis.ch 2 151 26 Counsel fees ~~950 Executrix Commission 8 4.50 24 541 76 }s., COUNTY OF Cumberland I. JANE Y _ RICHARDSON HER.SY CERTlI'Y. THAT. TO THE 'UT 0' MY KNOWLt\:lGI: AND IlIEL.IEF. THe' FORE:GOlt~G IS A JUST AND TRll It 8rATEMENT OP' DEBTS, FUNERAL EXPENSES AND IXPENsa 01" ADMINIBTRATION BUE:'MlnED TO THE t:ST^TE OF VAUGHN M. RICHARDSON OICEAaID, .... DEDUCTIONS I"OR INHERITANCE T"'X PUR:"08ES. 27th SWORN AND .UII'CRICI~ PJEFORt: ME nus Marcn , 8! r1cV\ a..~ (~ J.. "..w~ - otar')' Pu IC My commission expires 2-23-84 "'" /-1., /"1 ? " l--. . . ~rs j. DAY 0; )a'n~ Y:,ch~r ~ ';.'A,;""-,____./ (L.. ..) .\ .' 1_';': ., ." :v- .~" L', U!::" l.~l . .. ....... ';"l' ~),~ ; Cl. 0 ~f) r_1 t..," :;;CJ L._< r- .....Z O. :!':<i.". 6c: N Co..-l wt.u "" ""0: 01-. cc Ow 0:::(1'} :>:: 'ro 0- ~"'I:"" u'" "'5 ........ ~ ~c..)' a:a:: lD u ., . . . , PENNSYLVANIA INHERITANCE TAX GENERAL INFORMATION 1. PERSONS RESPONSIBLE FOR RETURN Section 701 of the Inheritance and Estate Tax Act of 1961 provides that the following persons shall prepare and filo a return: . a. The personal representative of the estate of the decedent as to property of the decedent administered hy him and such additional property which is or may be subject to Inheritance Tax of which he/she slwll have 01 acquire knowledge; b. The transferee of property upon the transfer of which Inheritance Tax is or may be imposed by the 1961 Stalllto, including a trustee of properly transferred intrust, provided that no separate return need he made hy 1111) Ir:lIIsfmoe of property included in the return of a personal representative. 2. PLACE FOR FILING The return is to be filed in duplicate w:th the Register of Wills of the county wherein the decedenlresllled. 3. TIME FOR FILING The return is due nine months after the decedent's death, unless all extension lor fillllp, has he ell applied for and granted by the Secretary of Revenue within the nine-month period, 4, FAILURE TO FILE RETURN Section 791 of the 1961 Statute provides that". . .any person who willfully fails 10 file a retllrn or other report required of him, , .shall be personally liable. . .to a penalty of 25% of the tax Illtinwtely fOllnd to be dlle or $1,000 whichever is the lesser to be recovered by the Department of Revenue as debts of like amollnt are recoverable by law." 5. TAX RATES Inheritance Tax is payable at the rate of 6%on transfers to lineal descendants, such as father, mother, hllsband, wife, son, daughter, grandchildren, grandparent, son-in-law and daughter-in.taw and at the rate of 15% as to all others, 6. PAYMENT OF TAX The tax assessed on the transfer of property reported in the return is due 9 monlhs after the decedent's death, Interest at the rate of 6% per annum accrues thereafter unti I payment is made. All paymenls recei ved are Ii rst appl i cd to any interest which may be due with any remainder applied to the tax, IF TAX IS PAID WITHIN 3 MONTHS AFTER THE DECEDENT'S DEATH, A DISCOUNT OF 5% OF THE TAX PAYMENT IS ALl.OWED. All checks should be made payable to the Register of Wills of the county wherein the decedeut resided and are received subject to the final determination of the Department of Revenlle, 7. FAILURE TO PAY The taxes imposed, together with any interest thereon, are a lien upon real property, which lien remains in effect unlil the taxes and interest have been paid in full. The taxes may be sued for against any real property in the decedent's estate or against any property belonging to a transferee liable for the tax, 8. FILING OF FALSE RETURN Any person who willfully makes a false return or report required 01 him shall, in accordance with Section 793 of the 1961 Statute, be guilty of a misdemeanor and, on conviction thereof, shall he sentenced to pay a fine not exceeding $1,000 or undergo imprisonment not exceeding one year or hoth, . , ~ \ .' .; \ i I i c. 'n r,,:. I l.: -. I (, c. I ~ :?:~i: "-.' "" <.:>1."_. I Of:: ~ :; ~: ", . ...::.... I WL! C=:' ~:lL. 01"" "" Q::L"J ::0::: ~~ 0(5 I '-',oj l::!o:: ~ ~(..\ 00 i . u I I I I , ., i FiI e Number INHERITANCE TAX SUMMARY SHEET (BUREAU USE ONLY) 21-80-0401 REV."a.c EXt (!-60) Date of Death June 1, 1980 o Original o Supplemental o Remainder Estate Name Vaughn M. Richardson Social Security Number 186-03-2391 REPORT OF INHERITANCE TAX APPRAISER I, the undersigned duly appointed Inhor;tance Tax Appro;.e, in and lor tho County 01 Cumberland Pennsylvanio, do respectfully report thot I have appro; .ed the real and personal properly as reportod in the loregoing return at the values set forth opposite each item in the last column to the right in Schedules "AU, "B", HC", and liE" , Dated: April 1, 1981 PLAN!.., / i?/I'fi flit" ;' INHERITANCE TAX APPRAISER ADJUSTMENTS REMAINDER APPRAISEMENT CODE INVENTORY VALUE AS APPRAISED CODE (HARRISBURG USE ONLY) Real Property (Schedule A) I none 00+ 92+ Personal Property (Schedule B) 41,990 94 10+ Jolnt.Held Property (Schedule E) none 31+ Transfers (Schedule C) none 30+ TOT AL GROSS ASSETS _______ 41,1~0 ~L Leu Debts and Deductions 40- 93. (SCH EDULE F) CLEAR VALUE OF ESTATE o Life E'.tate RATE FACTOR PRINCIPLE VALUE CODE o Annuity FOR USE OF REGISTER ONLY CODE COMPUTATION OF TAX $ $ $ $ T 0)( on $ 6% Tox on $ 15% Tax on $ Tax on $ Tax on S $ Exemptions Total Estate TOTAL TAX INTEREST FROM BALANCE TO $ $ $ Loss Credits DATE OF PAYMENT AMOUNT PAID OISCOUNT INTEREST TAX CREDIT S + I $ = $ = BALANCE $ TO I I I .1 I I ! , I I I , I I ,: 0 ... .-< '" .. '"' ~ ~ ~ '" .. '" ~ '" '" .... <1l ... .-< .c: '" Z I<l ~ tJ 0 >- j;j ,: ..: f>l 'M p., .., <1l '" '" '" i. ::0: . @ ;:l .. ,.l ... .-< .-< .E '" .-< '" -( .. 'M .. ~ Z bO :3 ~ ~ ~ 0 g '" .-< '"' I:. ... I> '" u .-< .... '" I:. ~ 0 10. d .~ 10. In 0 '" 0 z d I<l '" >- !-< d ... ~ !-< I<l Z z ::l 0 ~ d ~ 5 :.: I<l I<l Z Z !-< c:l U ~ Z ... 5! '" 5! 8 0 ::3 ~ I<l c:l Ilo . ,. RC.V.1500 ~X + (9.81) BUREAU OF EXAMINATION PENNSYLVANIA DEPARTMENT OF REVENUE P.O, BOX 8327 HARRISBURG, PA 17105 INHERITANCE TAX RETURN RESIDENT DECEDENT 0(/1- f() ~ 411 I File Number--.~.J' ~I ~eli:O( Decedent's Name (Lost, First, end Middle Initle\) M. of Doeth .C\-~ 0 Decedaot's Address tDIP w .1Y\a. I'" st. Nw.:lIIill'lPA- \1~c.t( DECEASED Sociel Socurity Number CHECK 1. Original Return 0 2. Supplementel Return 0 3. Romeindar Return 0 APPRO. PRIATE BLOCKS 4. Life Estate 0 5, Federal Esteto Tax 0 Return Required, 6, Decedent died testote 0 7. Decedent maintained a living 0 8. Number of sefe deposit 0 (Attach copy of Will) trust (Attach copy of trusd box" inventoried All correspondence end confidentiel tax informetion should be directed to: CORRE. SPONDENT Neme Address Telephone No. City Stete Zip RecapitulatiDn 1. Real Estate (Schedule Al ( 11 2, Stocks end Bonds (Schedule B) ( 21 3. Closely Held Stock/Partnership Interest (Schedule C) ( 3) 4. Mortgages end No,", (Schedule D) ( 41 5. Cash & Miscelleneous Personel Property (Schedule EI ( 5) RECAPIT, 6. Jointly Owned Property (Schedule FI ( 6) ULATION 7, Trensfers (Schedule G) ( 7) B. Totel Gross Assets (total lines 1,7) AND 9. Funerel Expenses Administrative Com/Miscellaneous Expenses (Schedule H) ( 9) TAX 10, Debts/Mortgeges/Liens (Schedule \) .. (10) 11. Tote' Deductions hotel lines 9 & 10) SUfplU\'\llA+o.\ 12. Net Velue of Estete Wne B minus line 11) CALCU. 13. Charitable Bequests (Schedulo J) LATIDN 14, Net Velue subject to tex Uine12 minus line 131 ( BI (111~(.,'ClU (12) (13) (14) Computetion of Te. 15. Amount of line 14 ta..ble ot 6% rete (15) linclude values from Schedule KI 16, Amount of line 14 tmble et 15% rete (16) (include velues from Schedule K) 17, Principel te. due (add tex from line 15 piuS!.. from line 16) lB, Total Prior payments: (e) Amount Peid (bl Plus Discount (c) Minus Interest liB) 19. Belance Due Wne 17 minus line lB) Meko Check Peyeble to: Register of Wills, Agent ... PLEASE RECHECK MATH'" ..06= ..15= (17) (19) Under penaities of perjury, I decle" th't I heve axemined this return, including eccompanying schedules end stetements, end to the best of my knowledge end belief, it is true, rrect, end complete. Decleratlon of preparer othar then the persone' representetive is besed on ell informetion of which preperer he, eny knowledge, .311 f / f J-. TATIVE(SI ADDRESS ' , DATE . . Unsatisfied liabilities incurred by the decedent prior to his/her death are deductible against his/her taxable estate. In addition to debts incurred by the decedent or estate, other items are claimable including the cost of administration, attorney fees, fiduciary fees, funeral and buriol expenses including the cost of a burial lot, tombstone or grave marker ond other related burial expenses. GENERAL INHERITANCE TAX INFORMATION All debts being claimed against an estate ore subject to the approval of the Register of Wills with whom the Inheritance Tax Return is filed. Evidence.ta support the decedent's or the estat~'s liability far the debts being claimed should be attached to this schedule. . A family exemption may be claimed by 0 spouse of a decedent who died domiciled in Pennsylvania. If there is no spouse, or if the spouse has forfeited his/her rights, then any child of the decedent who is a member of the same household can claim the exemption. In the event there is no such spouse or child, the exemption can be claimed by a parent or parents who are members of the same household as the decedent. The family e"emption is allowable only against assets which pass by a will or by the Pennsylvania Intestate Laws. NOTE: Compensation paid to on estate representative; namely, on executor aradminisiratar, far services performed in administerir,g on estate is reportable for Pennsylvania Income Tax purposes. This taxable income item should be reported on farm PA.40.lndividuallncome Tax Return. c ;;; t:l (") ~ t'1 ~ ~ 0 0 Vl Z Cl (") c: Cl E z ~ z 1= t<l t<l :>:: Z :<J 0 9 z Z t'1 ..., t<l Z 9 9 ..., -<: Vl t<l .. Vl Z 0 Vl 0 ..., 9 "rl "rl S -.. \ If c: 0 Ci '0 Z o- r-- "-'f~ ~ s.j ~ .!. f S ~::i~ ~u: c<: .~.c::I '" -"'" \ "-' 0::- '" ~ L:-I~ co --' . '-' -<: -<: t<l t<l ~ ~ \ INSTRUCTIONS FOR COMPLETING SCHEDULE "F" 1. If the family exemption is being claimed, indicate the claimant's name, address and his/her relationship to the decedent. Enter "family exemption" in the remarks column and the amount claimed in the amount column. 2. Assign consecutive numbers to each item listed. 3. Enter the date on which each debt was incurred and/or paid. 4. Enter the names of each payee. 5. Provide a briel explanation in the remarks column for eoch debt claimed. 6. Enter the amount of each debt being claimed. 7. The farm must be signed by the person who has assumed the responsibility for paying the debts. IF ADDITIONAL SPACE IS NECESSARY USE B%" x 11" SHEETS. INSTRUCTIONS To insure proper credit to your account, the nome of the estate and file number should be clearly printed on the check or money order. This determination and assessment is mode in accordance with Section 421 and Section 732 of the Inheritance and Estate Tax Act of 1961, 72 P,S. 2485-421, 732. --------------------------------------------------------------------------------- 1 month .005 4 month s .020 7 month s .035 10 months .050 2 months .010 5 months .025 8 months .040 11 months .055 3 months .a15 6 months .030 9 months ,045 12 months .060 1 day ,00017 11 days .00186 21 days .U0352 2 day s .00034 12 days .00203 22 days .00369 3 days .00051 13 days .00220 23 day s .00386 4 day s .00068 14 days .00237 24 days .~0403 5 days .00085 15 days .00250 25 days .00420 6 days .00101 16 days .00267 26 day s .00437 7 days .00118 17 day s .00284 27 days .00454 8 days .00135 18 days .00301 28 days .00471 9 days .00152 19 days .00318 'l} days .00488 10 days .00169 20 days .00335 30 days .00500 The estate tax imposed by Section 421 is due at the date of the decedent's death but shall not become delinquent until the expiration of eighteen (18) months ofter decedent's death provided that any estate tax occasioned by a final change in the Federal return or of the tax due thereon shall not become delinquent until the expiration of one (1) month after the person liable to pay the tax receives finol notice of the increase. Calculate interest from the delinquent date shown an the face of this form to the date of payment using the following interest tab'e: .---------------------------------------------------------------------------------- Any party in interest, including the Commonwealth and the personal representative, not satisfied with the assessment may abject thereto within sixty (60) days after receipt of this notice as provided by Section 1001 of the Inheritance and Estate Tax Act of 1961 (72 P.S. ~ 2485-1001) Make check or money order payable to: "Register of Wills, Agent" Mail to the address listed below: (') .::~~. ~ \, ... " ., 05 ;7'~ N r:'1(") ~'"2o .- 'J);n ".~C, .- :lrq I , b . 0 -, ." ;i'l",. 1,1.' INFORMATION This document is the Notice required to be given under Section 709 of the Inheritance and Estate Tax Act of 196 I (72 P.S. section 24851. If the tax is paid within three (3) months after the decedent's death, a discount of 5% of the tax paid is allowed. Inheritance Tax becomes delinquent nine (9) months after the decedent's death. Interest is charged at the rate of six (6) percent per annum on the amount of unpaid tax. ~SEE EXAMPLE BELOW) EXAMPLE: If a balance of tax due of $2,000.00 is in a delinquent status from 3-3-80. and payment is made on 5-23-80. the interest is calculated as indicated below: STEP 1 Determine the rate of interest from the table below. STEP 2 Multiply the balance of tax due by the rate of interest. STEP 3 Add the interest to the balance of tax due. 2 Months = 20 Days = Rate of interest = .010 + .00335 .01335 Balance of tax due Rate of interest INTEREST $2,000.00 x 0' 335 $ 26.70 8alanee of tax due S2,000.00 Plus Interest to Date of Payment (+) $ 26.70 TOTAL tax and interest to Date of Payment $2.026.70 Interest from 3-03-80 to 5-23-80 Results in: --------------------------------------------------------------------- I month .005 4 months .020 7 months .035 , 0 months .050 2 months .010 5 months .025 8 months .040 11 months .055 3 months .015 6 months .030 9 months .045 , 2 months .060 1 day .00017 11 days .00186 2 I days .00352 2 days .00034 12 days .00203 22 days .00369 3 days .00051 13 days .00220 23 days .00386 4 days .00068 14 days .00237 24 days .00403 5 days .00085 15 days .00250 25 days .00420 6 days .00101 16 days .00267 26 days .00437 7 days .00118 17 days .00284 27 days .00454 8 days .00135 18 days .00301 26 days .00471 9 days .00152 19 days .00318 2 e days .00488 1 0 days .00169 20 days .00335 30 days .00500 --------------------------------------------------------------------- Any party in interest. including the Commonwealth and the personal representative. not satisfied with the appraisement and assessment may object within sixty. (60l days after receipt of this Notice as provided by Section 1001 of the Inhoritanee and Estate Tax Act of 1961 (72 P.S. sec. 2485 - 1001). MAKE CHECK OR MONEY ORDER PAYABLE TO: "REGISTER OF WILLS, AGENT" DETACH THE TOP PORTION OF THIS FORM ANO SUBMIT WITH YOUR PAYMENT TO THE REGISTER OF WILLS FOR THE COUNTY SHOWN ON THE REVERSE. SEE THE INHERITANCE TAX INSTRUCTION BOOK FOR ADDRESS. ,- cO ",'" -< N rl1f'T1 Ij :::~ ~?g " -,,:(' -i',:;I ,,""1 -'I --- c:J '::" ,0 i.'-. INFORMATION This document is the Notice required to be gIVen under Sectlon 709 of the Inheritance and Estate Tax Act of 1961 172 P.S. seclion 24851. It the tax is paid within three (3) months after the decedent's death, a discount of 5% of the tax paid is allowed. Inheritance Tax becomes delinquent nine (9) months after the decedent's death. Interest IS charged at the rale 01 six (6) percent per annum on the amount of unpaid tax. (SEE EXAMPLE BELOW) EXAMPLE: If a balance of tax due of $2.000.00 is in a delinquent status from ~. and payment ;s made on 5-23-80. the interest is calculated as indicated below: STEP 1 Determine the rate of interest trom the table below. STEP 2 Multiply the balance of tax due by the rate of interest. STEP 3 Add the interest to the balance of tax due. Interest from 3-03-80 to 5-23-80 Results in: 2 Months = 20 Oays Rate of interest = .010 = + .00335 .01335 Balance of tax due Rate of Intere~t INTEREST $2.000.00 x .01335 $ 26.70 Balance of tax due $2.000.00 Plus Interest to _ Date of Payment (+) $ 26.70 TOTAL tax and interest to Date of Payment $2.026.70 --------------------------------------------------------------------- 1 month .005 4 months .020 7 months .035 1 0 months .050 2 months .010 5 months .025 B months .040 1 1 months .055 3 months .015 6 months .030 9 months .045 1 2 months .060 1 day .00017 11 days .00186 21 days .00352 2 days .00034 12 days .00203 22 days .00369 3 days .00051 13 days .00220 23 days .00386 4 days .00068 14 days .00237 24 days .00403 5 days .00085 15 days .00250 25 days .00420 6 days .00101 16 days .00267 26 days .00437 7 days .00118 1 7 days .00284 27 days .00454 8 days .00135 18 days .00301 26 days .00471 9 days .00152 19 days .00318 29 days .00488 10 days .00169 20 days .00335 30 days .00500 -----------------------------------------------------------.--------- Any party in lntere~t. including the Commonwealth and the personal representative, not satisfied with the appraisement and assessment may object withIn si>::ty (60) days after receipt of this Notice as provided by Section 1001 of the Inheritance and Estate Tax Act of 1961 (72 P.S. sec. 2485 - 100l). MAKE CHECK OR MONEY ORDER PAYAB~E TO: "REGISTER OF WI~~S. AGENT" DETACH THE TOP PORTION OF THIS FORM AND SU8MIT WITH YOUR PAYMENT TO THE REGISTER OF WIL~S FOR THE COUNTY SHOWN ON THE REVERSE. SEE THE INHERITANCE TAX INSTRUCTION 80DK FOR ADDRESS. \ ~::~ON::~lT~:F ~~:::~:N" .'.' NOTICE OF DETERMINATION AND ACN 202 ~~~~=~M~~tltl~V~~:~~~)((S ~ '.~- .. ASSESSMENT OF PENNSVI.VANIA P.o. 'ox ,m .. .~.. i'1" ESTATE TAX BASED ON FEDERAL ""'IS'URG." 17105 CLOSING LETTER DATE ESTATE OF RICHARDSON VAUGHN M FILE NO, 21 80-0401 DATE OF DEATH 06-01-80 COUNTY CUMBERLAND NOTE: TO INSURE PROPER CREDIT TO YOUR ACCOUNT, SUBMIT THE UPPER PORTION OF THIS FORM WITH YOUR TAX PAYMENT TO THE REGISTER OF WILLS OF THE ABOVE COUNTY. MAKE CHECKS PAYABLE TO: "REGISTER OF WILLS, AGENT." MARION R LOWER ESQ 31 S HANOVER ST CARLISLE PA 17013 PLEASE RETURN THIS PORTION TO REGISTER OF WILLS IF PAYMENT DUE Amount Remitted to Register of Wills 91,!1.: _A.!-9~~ _1.:Hl~ _L!~E_ _ _ _ _~_ _ _ _ ~E:r~!N_ ~Q~~13 _P_O_RJ~O_N_ ~QI3 _Y_O_U.!l_ ~I~~~ - - - - -~- - - - - - - - - - - - REV. 73B EX (03-86) "NOTICE OF DETERMINATION AND ASSESSMENT OF PENNSVLVAIA ESTATE TAX BASED ON FEDERAL CLOSING LETTER" ESTATE OF RICHARDSON VAUGHN M FILE NO.2l 80-0401 ACN 202 DATE 06-09-86 ESTATE TAX DETERMINATION 1. Credit For State Death Taxes as Verified 2. Pennsylvania Inheritance Tax Assessed (Excluding Discount and/or Interestl I 3. Inheritance Tax Assessed by Other States or Territories of the United States I (Excluding Discount and/or Interestl .1 I 4. Total Inheritance Tax Assessed I , I 5. Pennsylvania Estate Tax Due I I 6. Amount of Pennsylvania Estate Tax Previously Assessed ! Based on Federal Estate Tax Return 7. Additional Pennsylvania Estate Tax Due 1,404.37 10,462.85 .00 10,462.85 .00 .00 .00 u5 .::'\ '" ;'.;1:: TAX CREDITS: PAYMENT DATE ;..= RECEIPT NUMBER INTEREST 1-) AMOUNT PAID TOTAL TAX CREDIT BALANCE OF TAX DUE INTEREST TOTAL DUE .00 .00 .00 .00 . IF PAID AFTER THIS DATE SEE REVERSE SIDE FOR CALCULATION OF ADDITIONAL INTEREST (IF BALANCE DUE IS LESS THAN $1 OR IS REFLECTED AS A 'CREDIT" (CR). NO PAYMENT IS REQUIRED) AOMIN- ISTRA TIVE CORRECTIONS: Factual errors discovered on this assessment should be addressed in writing to: PA Department of Revenue. Bureau of Individual Taxes. P.O. Box B327. Harrisburg. PA 17105. ATTN: Post Assessment Reviow Unit (717) 787-6505, See page 3 of the booklet "Instructions for Inheritance Tax Return for a Resident Decedentll for an explanation of administratively correctable errors. Additional Pennsv'v.an;a Estate Tax assessed as a result of a change based on the Federal Estate Tax closing letter becomes delinquent at the expiration of one (1) month from the date the final notice of the increase in Federal Estate Tax is received. Interest is calculated on a daily basis at the DelinCluent Dale 5/27/43 to and including 12/31/81 1/1/82 10 and including 12/31/82 1/1/B3 10 and Including 12/31/B3 1/1/84 to and Inciuding 12/31/84 1/1/85 to and including 12/31/85 1/1/86 to and including 12/31/86 __ Taxes that blJcame delinquent on or before delin~uent balance is paId in full. Taxes that became delinquent on or after January 1. 1982 are suoject to a variable interest rate that changes each calendar year. Interest is calculated as follows: PURPOSE OF NOTICE: PAYMENT: REFUND (CRI: OBJECTIONS: INTEREST: To fulfill the requirements of Section 1745 lb) of the Inheritance and Estate Tax Act. Act 255 of 1982 (72 Pa C.S. SocIi on 1745). Detach the top portion of this Notice and submit with your payment to the Register of Wills. --Address information is listed on page 13 of the booklet, "Instructions for Inheritance T.1x Return for a Resident Decedent" --Make check or money order payable 10: REGISTER OF WILLS. AGENT. A refund of a tax credit. may be requested by completing an "Application for Refund of Pennsylvania Inheritance and Estate Tax" (Form REV-1313l. Applications are available at the Office of the Register of Wills, any of the 24 Revenue District Offices, or from the Department's Forms Service Unit 24 hour Forms Ordering leiephone iines in Harrisburg - 17171 233-3443. in Philadelphia - (2151 351-2065 or in Pittsburgh - (412) 565-3601. Any party in interest not satisfied with the assessment of tax as shown on this Notice may object within sixty (60) days of receipt of this Notice as follows: 171050R OR by written protest to the Department of Revenue. Board of Appeals, P.O. Box 1874. Harrisburg. PA by election to have the matter determined at the audit of the account of the personal representative by appeal to the Orphans' Court. follOWIng rates: Interest Rate Daily Interest Factor 6" .. 20% 16% 11% 13% 10% December .000164 .000548 .000438 .000301 .000356 .000274 maintaIn a constant interest rate until the 31. 1981 will IN1'EREST . BALANCE OF TAX UNPAIO X NUMBER DF DAYS DELINQUENT X OAILY INTEREST FACTOR __ Any Notice issued after the tax becomes delinquent will reflect an interest calculation to fifteen (15) days beyond the date of the assessment. If payment is made after the ,"terest computation date shown on the Notice. additional Interest must be calculated.