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HomeMy WebLinkAbout81-00347 .:e ~ H ::J: ~ l!1 P. :> 0 1-1 E-I >I Z Ul H ~. ~ e>. ~ .. D:l 1-1 ~ 1-1 CIl H fil f'> fil ::J: D:l 01; u ~ ,," ~ ~ '- . '" CJ I-:l w- 0 I>> d!J ... \0, . ID 0 - tit Z LLI . . f' , '. ..... LAST WILL AND TESTAMENT OF FRANCES BALDWIN TOUGH I, FRANCES BALDWIN TOUGH, of the Borough of Camp Hill, County of Cumberland and State of Pennsylvania, being of sound and disposing mind, memory and understanding, do make, publish and declare this my Last Will and Testament, hereby revoking and making void any and all prior Wills by me at any time heretofore made. 1. I direct the payment of all my just debts and funeral expenses as soon after my decease as the same can be conveniently done. 2. I give, devise and bequeath all the rest, residue and remainder of my estate, of whatsoever nature and wheresoever the same may be situated, to my husband, Tracy N. Tough, absolutely and unconditionally. 3. In the event that my husband, Tracy N. Tough, should predecease me, or should he die at about the same time as I do, such as in an accident common to both of us, then in such event, I direct the settlement and distribution of my estate to be made in the following manner, to wit: A. I give and bequeath one-half or fifty (50%) per cent. of my estate, to my daughter, Barbara Ann King, absolutely and unconditionally. B. I give and bequeath the remaining one-half or fifty (50%) per cent. of estate, to my daughter, Barbara Ann King, in trust, nevertheless, for the following purposes, to wit: ""'];5 ,~ r To divide the principal of said trust into as many equal parts as shall equal in number those of her children who shall be living at that time, and to set apart and hold one such equal part as a separate trust fund for the benefit of each such child who shall be living at that time, and to invest and reinvest ench such trust fund and to apply so much of the income therefrom as may be necessary from time to time to the support, maintenance and education of the child for whom such trust fund shall have been set apart as my Trustee shall see fit, and to accumulate, invest and reinvest the balance of said income until such child attains the age of twenty-five (2,) years, at which time all accumulations of net income, together with the principal of said trust rund shall be paid over to such child, absolutely. If any child of my said daughter shall have attained the age of twenty-five (25) years at the time of my death, then my Trustee shall immediately pay over to such child, such part or parts, or all, as the case may be, of such trust fund (instead of holding the same in trust), as heretofore directed. I hereby invest my said Trustee with full power and discretion to invest and reinvest the principal of each such trust fund, as well as any accumulated income derived therefrom, in legal, as well as, non-legal investments, and to apply the principal, as well as, the income to the comfortable care, support, maintenance and education of each respective child during the term of this trust, with particular emphasis to the application of said funds, both principal and income, of each child's respective trust fund, in providing said child with a College education or other professional or technical training after they graduate from High School, without the necessity or requirement on the part of said Trustee in first securing an Order or Decree of Court before doing so. In this respect also, I direct that my said daughter, as Trustee of the estates of her children hereunder, be excused from 7,:16 -2- c c . ~ . '" ::r:: '" tlDlO: ri1 0 (I) '010: ~ ::> ....:<.-1 CIl .. 0 ~jl!lll. .. 8 8 01 rJ) Z g;J 1 Q) .. Q ri1 <><>"'l'C :a 8 H CIl"''''''' Il ~ I ;j;j f@ Q <>:>'0'.0 J Ii. H H CIl{/) ., . M ..: 0 ..: (I) I< Cl I!l .0"'<>..-1 ~ H 00 (I) I< H rJ) It: <> ~ '" ! H ri1 <>"'.tl ~ 0 .< ~ CJ Z ..., ::E: (I) 8 ..: ::E: CIl It: ..: Ii. H C lJ ..... . . : , OATH OF NON.SUBSCRIBING WITNESS COMMONWEALTH OF PENNSYLVANIA } ss: COUNTY OF CUMBERLAND This, the .3rJ day of A,D. 19~, before me, Register for the ~ ..1.", '" € Probate of Wills and Granting Letters of Administration in and for the county of Cumberland, in the Commonwealth of Pennsylvania, personally came }.(jrlt;j AN j) < J-:.-l~~~"Y2..T SroF.l Ltr-Pe:~ - - /R~d J-. who being duly S"J l\"'......... according to law deposed and say that they are well acquainted with the handwriting of FRANCES BALDWIN TOUGH whose name is attached as testatrix to an instrument of writing purported to be the Last Will and Testament of FRANCES BALDWIN TOUGH late of Camp Hi 11 , deceased and that the said signature is true and genuine, and that the said FRANCES BALDWIN TOUGH is now deceased or absent Sworn and subscribed before me, this 3rd "_ day of June A D 19 81 d);/J7 a. fA~:;;;:: . per Deputy Register 718 ~ ..._... ~ __ r __ E.;L EJ:.IL ___ __ JIIC:I.: __ -..:::K ~...~.. ...... ~'REV.1162 EX I.. . COMMONWEALTH OF PENNSYLVANIA 4 'No.K.. 69752 DEPARTMENT OF REVENUE . .... OFFICIAL RECEIPT. PENNSYLVANIA INHERITANCE AND ESTATE TAX r ,f 0\ ; ,( = II ~ ij TAX AT 6% TAX AT 15% Tracy N. Tough .fe RECEIVED FROM Es TAXAT_% ADDRESS ~ ESTATE TAX Mechanicsburg. '--E"S-TATEINFORMATic)N: ---------- DATE OF DEATH Pa. 17055 TOTAL TAX CREDIT FILE NUMBER 21-Bl-347 DATE OF PAYMENT LESS DISCOUNT PLUS % INTEREST (FROM TO_I NAME OF DECEDENT m m TOTAL AMOUNT PAID COUNTY POSTMARK DATE REMARKS PAID IN FULL /' / ( SEAL RECEIVED BY REGI;;TER OF WILLS _. -_ ___ __._ __ - .. __~,_ 0_- ,_ ___. .___. __ __ _ _ __ _. ___ ___ _._ __. 3,177.69 ~ II 3.177.69 -/ ;'/I .(../..~ / ---------------~ ..I ~;J.: SCHEDULE OF CERTIFICATES OF COMMON STOCK OF PHILADELPHIA ELECTRIC COMPANY ISSUED ON VARIOUS DATES 'ro FHANCES H. TOUGH r'OH A TO'rAL OF 100 SHARES, Fon vl!UCH A CONSENT TO TRAtlSEER (TAX \'1i\IVBi() IS APPLIED FOR ON THE FRONT SIDE HEREOF. Certificate No. Date of Issue Number of Share..!!. CO~74374 April 25, 1961 44 shares CO 55339 October 24, 1967 4 shares c02055781 July 23, 1949 2 shares C0408597 July 15. 1959 1 share C0441225 October 27. 1960 25 shares C0138002 July 20. 1944 16 shares U 0049229 October 14. 1975 8 shares certifiolite No. Date of Issue Number of Shares GO$18022 December 21, 1961 1 share 00200136 Deoember 21, 1960 1 share 00459994 Deoember 8, 1961 2 shares 00183752 Ootober 11, 1960 2 shares 037238 Ootober 11, 1960 100 shares 00317086 Deoember 6, 1960 3 shares HU043408 Ootober 28, 1968 109 shares SCHEDULE OF CERTIFICATES OF COMi'lON STOCK ISSUED BY GULF OIL CORPORA'rION TO B'RANCES B. TOUGH, ISSUED ON VARIOUS DATES FOR A TOTAL OF 218 SHARES ~OR WHICH CONSEN'l' TO 'l'RANSFER (TAX WAIVER) IS APPLIED FOR ON THE FRONT SIDE HEREOF. - REV-450 EX+ (to-60) COMMONWEAL TH OF PENNSYLVANIA DEPARTMENT OF REVENUE TRANSFER INHERITANCE TAX RESIDENT DECEDENT SCHEDULE "A" REAL PROPERTY ITEM DESCRIPTIOH ESTIMATED DEPARTMEHT 1'10. MARKET VALUATIOH VALUE (OFFICIAL USE ONL Y! None None . TOTAL None .... 0 - If additianal s ace is necessar use 1 II X " tE p y, 8Vl 11 sheets.. A SCHEDULE "B" PERSONALPROPERTV tH,V-..:'. L ,..t \/J"",ol COMMONWEAL TH OF PENNSYLVANIA DEPARTMENT OF REVENUE TRANSFER INHERITANCE TAX RESIDENT DECEDENT (lllstructions 0/1 RINl.'rs(,' Side) Estate 01 Fra.n~Ba.ldwin To~h ITEM 1'10. (1) ( 2) \ l3) (4) (5) r9./ (6) (7) (8) (9) , (10) lll) - ~- ---= DESCRIPTlOH 260 shares of common stock of Armstrong Cork Company. 189 shares of common stock of General Motors Corporation. 240 sharee of socony-Vacuum Oil Company (Mobil Corporation), common stock. 23 shares of common stock of ChaSB I a.ttsn Ba.nk. 3 B 6ht:.:'JS of comrnonstock 01' (;ulf Oil orporation. . 15 sharee of common stock of Internation- al Shipbuilding Corporation 100 shares of common stock of Philadel- phia Eleotric Company. 142 shares of oommon stock of Amertcan Telephone and Te1eBraph Company. 225 shares of Armco steel corporaHon. 240 shares of common stook of Standard Oil Company of Indiana. 200 ~nlires of common stock of Standard Oil Company of New Jersey (Exxon) (12) 55 shares of common stock of Diamond International Corporation. l13) Prooeeds of Checking Account No. 252- 106962-1 with The Commonwealth National Bank. Evergreen Savings Account No. 25-0010134- 6 with The Commonwealth National Bank. Statement Savings Aocount 1;0. 14-0011007- 6 with The Commonwealth National Bank. Acorued interest as of 5/25/81. Aocrued interest aa of 5/25/81 on Ever- green Savings Account No. 25-0010134-6 listed above at item "14". If additional space is necessary, use 8~2" x 11" sheets. ~~ ~~~.''''. '1 f :V.?1i11~ \., YJ,~ ',' .,.:../tf;l'4!1""'.t, . '. ,', ;").~~{;" ..,~. UHIT VALUE ESTIMI>. TED MARK ET VALUE DEPI>.RTMEHT VALUATIOH (OFFICIAL USE ONL Yl 16.50 4,29CJ.OO 53.125 10,040.63 59.25 14,220.00 47.475 1,091.93 .------...... 1) I (, I" , rJ:; 32.875 cS9_,l~54_!5.5 ' 9.125 136.88 12.25 1,225.00 56.125 7,969.75 33.75 7,593.75 55 .75 13,380.00 6l~.375 12,87$.00 35.75 1,966.2.5 4,842.54 8,926.73 3,613.26 13.01 78.76 ------... TOTAL 102,717.74) 9 4.3D. ().L/ I -06 QUESTIONS CONCERNING PROPERTY TRANSFERS 1. Did decedent, within two yenrs of death, make any transler of any material part of his estate without receiving valuable and adequate consideration? (Answer "Yes" or "No".) No 2. Did decedent, within tm years of death, transfer property from himself! herself to himself/herself and another party or parties (including a spouse) in joint ownership? (Answer "Yes" or "No".) --1.10 3. If the answer to one or tm above is "Yes" and the transfers are claimed to be nontaxable, provide the following information: a. Age of decedent at time of transfer. None b. Copy of death certificate. c. Affidavit by the attending physician indicating the state of decedent's health at time of transfer. d. All other information supporting nonlaxability of transfer. 4. Did decedent, in his/her lifetime, make any transfer of property without receiving a valuable or adequate consideration therefor which was to take effect in possession or enjoyment at or after his/her death? (Answer "Yes" or "No".) No a. Was there any possibility that the property transferred might return to transleror 01 his/her estate or be subject to his/her power of disposition? (Answar "Yes" or "No".) No b. What was the transferee's age at time of decedent's death? N<;Hl/i 5. Did decedent in his/her lifetime make any transfer without receiving a valuable and adequate consideration therefor under which transferor expressly or impliedly reserves for his/her life or any period which does in fact end before his/her death: a. The possession or enjoyment of or the right to income from the property transferred? (Answer "Yes" or "No".) ~ b. The right to designate the persons who shall possess or enjoy the property transferred or income tllerefrom? (Answer "Yes" or "No".) No 6. If the answer to live b. above is "Yes," was the right reserved in decedent alone ( ) or decedent and others ( ). 7. Did decedent in his/her lifetime make a transfer, the consideration for which was transferee's promise to pay income to or for the benefit or care of transferor? (Answer "Yes" or "No".) No 8. Did decedent, at any time, transfer property, the bmelicial 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. If the answer to eight above is "Yes," was the power to alter, amend or revoke the interest of the beneficiary reserved in the decedent aione ( ) or decedent and others ( ). REV.453 EX+ (10.80) COMMONWEAL TH OF PENNSYLVANIA OEPARTMENT OF REVENUE TRANSFER INHERITANCE TAX RESIDENT OECEDENT SCHEDULE "0" BENEFICIARIES (Instructions 011 Reverse Sic/c.') Estate of Frances Baldwtn 'l'oup:h BENEFICIARIES AND ADDRESSES RELATIONSHIP SURVIVED OATE OF INTEREST OF BENEFICIARY DECEDENT BIRTH "' .-.. " "' ;{"Aba nn YeA Entire Estate "", 2Qth Street Camp Hill. Penna. lllil , . --- -"-"- -~------ - , The above beneficiaries were living at the time of the decedent's death except for the following: NAME DATE OF DEATH If additional space is neceS5ary. use 8%" x "" sheets. INSTRUCTIONS FOR COMPLETING SCHEDULE "E" Schedule "E" must include all property, reai and personal, owned by the decedent jointly with another party or parties as joint tenants with right of survivorship. Bothlangible and intangible property are to be included. List real estate first. 1. Describe all real property as indicater1 in the instructions for Schedule "A." Describe all personal property as indicated in the instructions for Schedule "B." Include the name, address and relationship to the decedent of the co-ownerls] and the date the joint ownership was established. 2. Indicate the total market value of the jointly owned property. 3. Indicate the percentage of the decedent's interest. 4. I ndicate the market value of the decedent's interest. C ." CI n :>- m ;.. ::; % >- 0 0 CI Vl 0 - Cl n c:: CI ...j % "" % t'" m :>- 9 ... 9 t'" m :r. % ~ - % Yo m ...j t'1 ...j z 9 ...j t'1 - 9 -< Vl Vl % 0 Vl 0 ...j 0 ." ." ;ll I ~ "-j I I.r~, I - 0 C'.! , Z , c... .~" ;~.; I.. l..... :'~s.:J S), N r;l'<' I .,": W-', (55 Cjt., - U::;<'" "'3 0-" ,'.C. <>G:: "':I: rr.::.:> ~O': ~ l.dU fO __J -< -< u t'1 t'1 ;.. >- ::<l ::<l REY.o1U EX+ (&00801 INHERITANCE TAX SUMMARY SHEET (BUREAU USE ONLY) 21-81-0347 ILl Original o Supplemental o Remainder File Number Estate Name Frances Daldwin Tou~h Date 0 f Dea th May 25. 1981 Social Secur; ty Number 188-36-5198 REPORT OF INHERITANCE TAX APPRAISER I, the und.r.lgned duly appointed Inheritance To. Approl.er In and for tho County of Clli"Y'l~n~ Penn.ylvanla, do respectfully "port that' Itave appraised tho roal and personal property os reparte in t e a"going return at the values set forth opposite each Item In the last column to the right in 5che IS HAu, fiB", "C", and "E" Doted, Aup;ust 14. 1981 .~ INHE INVENTORY AOJUSTMENTS CODE (HARRISBURG USE ONLY) REMAINDER APPRAISEMENT CODE VALUE AS APPRAISED Rool Prop.,ty (Schedulo A) Personal Property (Schedule B) Jolnt.Held Property (Schedulo E) Tronsf.rs (Schedule C) $ None aa+ la+ 92+ 20+ 30+ None TOTAL GROSS ASSETS __---1QQ,5_24 -.1_L Leu D.bts and Deductions (SCHEDULE F) CLEAR VALUE OF ESTATE o Life Estate o Annuity 40- 93- MlE FACTOR PRINCIPLE VALUE CODE FOR IISE OF REGISTER ONLY Tax on $ Tax on $ CODE COM PUT A TlON OF TAX $ $ S $ 6% 15% Tax on $ Tax on $ Tax on $ $ Exemptions Total Estate TOTAL TAX INTEREST FROM BALANCE TO $ $ $ TAX CREDIT $ COMMONWEAL HI OF P:'NNSYLVAIII^ DEPARTMENT OF I~EVEI'IIJI. TRAIISFER INHERITANCE TAX RESIDENT DECEDENT INHERITANCE TAX APPRAISEMENT ,*, ~".i',"'. t ' ,~.~ 11 r"'t.Jti1~t ....,~"ji~"~ \' "-, \'.;,. - ~.o.lr'~.)., o ,...';.~ "~_",,,,~"""" ("Y ..F' R g 1/-4!j7 EX+ (7-1101 . I~]cjRIGINAL o SUPPLEMENTAL Estate a/ FraQ.~~B.~:Ldli~[l.'!'.~ug~.___..__.._- File No. _.._.. .~1.~fll::,_0;?.lI7. Coun ty Cl.\ll!ll~r.10lr19._._. ..-----.-----.--..--..---------.-. Dote 0/ Death __J:1.i!Y~_t 1981 In the event that any futut!;l inlotc!it ill this estate is tronsferred In possession or onioyment to collateral heirs of ':'0 decedent after the expiration of any (lslale for IIfa (If for yours, tho Commonwealth horl.lLy expr6ssly reserves the right 10 uppraise and 0551355 transfer Inheritance taxes at the lawful collalcrol.ttllo on o!-'Y such futuro interest. PROPERTY NOT INCLUDED IN RETURN BUT APPRAISED BY THE COMMONWEALTH - . ASS ET SU MM'ARY DEPARTMENT'S APPRAISED VALUE 1. Totol Reol Property;" SCH. "A". . ..,. $ Nonl;l_.____ 2. Totol Personol Properly - SCH. "B". ... $ ~430.24 3. Totol Jointly Owned Property - SCH. "E" $ 1.093.93 4. Totol Tronslers _ SCH. "C". . ... . . .. $ None Unreported S Unreported $ Unreported $ Unreported $ $ None $ Qq,430.24 $ 1,OQ3.Q3 $ None $ 100,524.17 o LIFE ESTATE DANNUITY TOT AL GROSS ASSETS DREMA!N~ER ..---.------------.-------..--..-- TOTAL VALUE $ ct- .-.....-... ....---....---...- .. .-. ....- -.--..--. - ......-.-...----- . .... -- -..:....:;.; I do hereby certify that the auave appraisement is made in confallnity with Pennsylvania law and has been filed this day with the Regi~ter of Wills. ~~: ~ ~_;:;;~wl",,,, _ /..t..:~.......c- August 14, 1981 ~ APPHlIISL::i7"-- DATE , , I I ; I '" Ql ::l Ql 0 ~ ~ E-< '" >- ~ ..: <I) c ... <: 'M .a (b Z ~ ~ ~ '" 0 >- .-i (\) ~ l\l '" '" p:J .a c ::> '" l\l CIl ~ .-i ... Ql 0 ~ <: 0 z Ql ~ ~ ~ @ .0 ~ U Z ~ 9 ~ t:: (\) r:. 0 (\) '-' r:. - 0 ~ 0 ~ II. ..: II. f- 0 tIl 0 Z 0 ill '" :>- !- 0 ,- ~ Z !- ~ !- ~ Z Z ... 0 - 0 ;:; ..: z ::.: ~ ::;; CI ::> u l' ~ ... z z z ~ ~ tIl ~ 0 0 < - ~ u CI c.. ~ COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF EXAMINATION OFFICIAL NOTICE OF INHERITANCE TAX ASSESSMENT '*' TO: ,/ }'/. ,::. ,.' \! " "/'r'f _-L_ )/1/( / if./ / 1/ II /. t.' j ///~ .- /'/I:/.,'{./~~t:--._ /'j) ,/.t.f(;. '/f' -" /.-""(..i'((';- e,/././( ., / /, ,.' /</. :':X/ ,. / ..t. ~r~__ ,_.', {J.-~ , l ,. ,., ,y / ESTATE . . ,/'1.,'.."'1 l/,J -/'1.-/"./ /~/ . - ..-.-..... /. (:,' j'j~, .;'" "',1 ." "'{f:-~'.~(-'r'i"~/'7-""'" ,~/I~ .'- '.I. :/.-;'/ '/ ~ COUNTY FILE NO: /- .-/, '/ / DATE FILE NO, COUNTY ./J .',')i ..l--(J.lr1..~/ ii"'.(~ "j" / - DATE OF DEATH // /lL) .;././':/.. /7?f/ ./ t-/ Appraised Value of Estate: Real Estate $ ...----- Personal Property + /1 / . ; . :'';;.' ( '11.}' '../(,'....... Jointly Held PropertylTransfcrs + / (. /3/:3 Total Gross Estate $ j.;~, " :" /' ,t./. i / Clear Value of Estate r--~' " " (} /(', f $ /1> ,/j: / ;' ) , , Total Approved Deductions Less: Approved Charitable Exemptions -..--.----------..- Clear Value of Estate Subject to Tax $ /;: .,.:-/ /7 Amount Taxable @ 6% Rate s /l ; ;; / / 7 talC due $ /)--,~/(./ ''I ; 7 ,,"/ Amount Taxablo @ 15% Rate tax due TOTAL PENNSYLVANIA INHERITANCE TAX DUE $?~?{I 9 ,17 * '* .. '* .. '* A fivo percent discount totaling $ will be granted if the Inheritance Tax is paid by Less Credits: DATE OF PAYMENT AMOUNT PAID DISCOUNT INTEREST TAX CREDIT , /1 ~/ I, - ;!_ /' ,I/;-I:3-?/ $ /'h'f ,.,,() + />Ji--; G ..' ../ t- $ = $ _.;_.~ .~i/'.0:' , " ,. ./. '/. ~" I -' t!. + = :"// ) /' (/j + = Intarest accrues at the rate of six (6) percent por annum on the unpaid balance of Inheritance Tal( from to dale of payment. Interost due if paid by is BALANCE OF PENNSYLVANIA INHERITANCE TAX OUE ; $ ,,/1 "Of'>, , ;~/'-, .L(__ . I /,_, ~ It>' Assessed by: , / ,.f "...: J C See I"formalion on Reverse Side Age'"'.f,o.r1heCo~"O~h ,'. I ," itJ_.,(:c L._ / v" I , / (/ .' il 1-'/").-/ /