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HomeMy WebLinkAbout81-00603 ~ 1 .~ LAST WILL AND TESTAMENT OF JOSEPHINE I. RANALLO I, JOSEPHINE I. RANALLO, Widow, of 1363 Concord Road, Mechanicsburg, Hampden Township, Cumberland County, Pennsylvania, ,being of sound and disponing mind, memory and understanding, do hereby make, publinh and declare this to be my, Last Will and iTestament.and hereby revoke any and all Willn and Codicils here- tofore made by me. BE IT KNOWN THAT, I specifically consider myself to be a domicilary of Pennsylvania and have made arrangements to 'sell my previous residence in Princeton, New Jerney. FIRST: I hereby direct my personal representative, ,named herein, to pay all my junt debtn, funeral and testamentary 'expenses as soon after my demise as may be practicable. SECOND: All the rest, residue and remainder of my estate, I hereby give, devise and bequeath to my daughter and only child, LINDA ANN (nee: RANALLO) RULE. THIRD: In the event that my daughter, LINDA ANN RULE, should predecease me or die on or before the thirtieth (30th) day folloving my death, I hereby Rive, devise and bequeath all the rest, residue and remainder of my cotate to my son-in-law, ROGER RULE, and in the unlikely event that both my daugher, LINDA ANN RULE, and my son-in-law, ROGER RULE, should predecease me, die on or before the thirtieth day following my death, or should they die simultaneously, I hereby give, devise and bequeath all G36 OATH OF PERSONAL REPRESENTATIVE COMMONWEALTH OF PENNSYLVANIA 55: COUNTY OF CUMIlERLAND Ilefore me, lhe Register for lhe Probate of Wills and granting of Lcllers of Administration in and for the Counly of Cumberland, pcr,ollally camc Lindo. Ann Rule who, being duly sworn ,doefL-depose and say Ihat as Executrix of the last Will and Testamcnt of Josephine I. Ranallo deceased 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 10 Transfer Inheritances. s worn and subscribed before me. 1..../)17 October 2, A.D., 19~ /7i<. v ~; :.0 ~ :ffi " :", 0) .- :Cl) f""4r - "' :", .. Cl) <'J : oio I <..--- ,c,: c.,.. , -' I~: \0: 1:.1\ ~. 0.:. <>:: c..:.l" ~ ~.;j u : IJ.. 00: a:fJ' <~~:: ~. ,.~. : O(!j <, : Ull.1 ~S 0 0:;: ~<>:: ~ j(.) F " .' M M I-d ~ . ~? 0: ...J 8 l!"C \0: f.1J: IXl , r.o .: ...J ~. J-,,: '.-0, - .-I: H: - .: Cl): - ;11: .~ .0: co: i3= p: ': ~ p..,: ....: 0: .-<: [J:I: I:: QJ! .p: -r-! C\l: U): .~ 0: 0 "" t.O: 01 CO! '" Cl) l"), . : ~ 'E \Di ,...; 0 '" ~i ~ ~ ~ 'i ~ S 'tl If - '" I:: .~ r.l '" r..c DECREE Be it remembered that on the '5th day of October .A.D.,19--B~ there was probated and recorded the last Will and Testament of Josephtne I. Hanallo late of Hampden Township De.:eased. Lellers Tes tamentary were granted to Witness my hand and officiaheal the day and year aforesaid. . Cumberland County, Pennsylvania, Linda Anll Hule 641 - ) /?;~- -) . .----- 1 '.k:t -! of- l/,r _ / .~ /~.!'</T:~/ . Register REV.4!55 EX~ (3.00) COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE TRANSFER INHERITANCE TAX RESIDENT DECEDENT SCHEDULE "F" STATEMENT OF DEBTS AND DEDUCTIONS --- -- Estate of ,)08E)'II] NE I. J\ANAJ.LO Dale of Death ~/~)O/8] WHEN CLAIMING THE FAMILY EXEMPTION, COMPLETE THE FOLLOWING: File N021-81_-603 " Claimant [,INDA ANN HULE Relationship to Decedent Duur,hter Claimant's Addro,s al time of Dec"dent'sDeath 1:,63 COllcord Hd., I~echanicsburr:, PA J70:;5 ITE DATE NAME OF PAYEE REMARKS AMOUNT NO. 1. 12/1 UPJOHN HEAL'rH CAHE nursinr; services 260.13 Letters I}lestamentar .JOURllAL Advertisin f 4. 12/1 PATRIOT NEI,S Advertinin 5. 11/11 KII~BLES FUNEHAJ, HOI~E/NJ Cnsket & BUJ'in] ExpenBCr, 6. 12/1 Claude Sutphen Memorial~, Grave Stone " Enf':ravin "": 7. 12/9 DONALD B. O\mN, ESQ Ler:al Fees 1 8. 12/9 ESCROW Mi:3C. Fees Exnenses 9. FAMILY EXF.~lP1'ION LINDA HU .E Dnll'hter " Sole Hei ,If* 2 Hothe,' resided with Dauf",,:hteJ~. , $60 563 Net EG_~lte of $54,693.38 x )1 - $' .06~ 870.]3 debts & Deducti ns = ~:3,J(iJ.GO x.95% - H TOTAL , I hereby certify thai to the best of my knowledge and belief the foregoing is a just and true statement of debts, fu r expenses and expenses of administration submitted to the estate as deductiOl}s lor Inheri1tance Tax purposes. ~ I // ,2/ I-I /~ -j(:( A..., ~ .oJ( -:'t __--<<_.-C-<:...-.. ,J-: ~, .i / SIGNA1'URE OF fIOUCIAf.lV OA'r1 OFFICIAL USE ONLY DEBTS AND DEDUCTIONS ARE ALLOWED IN THE SUM OF $ ~y 1 fl. 1 q AT ~ q~)~ll~R~F~~ % T.A_X RATE /-/J-J't?. DATE GENERAL INHERITANCE TAX INFORMATION 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, ather items are claimable including the cast of administration, attorney fees, fiduciary fees, funeral and burial expenses including the cost of 0 burial lot, tombstone or grave marker and other related burial expenses. All debts being claimed against on estate are subject to the approval of the Register of Wills with wham the Inheritance Tax Return is filed. Evidence.to support the decedent's or the estate's liability for the debts being claimed should be attached ta 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 con claim the exemption. In the event there is no such spause or child, the ex""'ptian can be claimed by a parent or parents who are members Gf the same household as the decedent. The family exemption is allowable only against assets which pass by a will or by the Pennsylvania Intestate Laws. NOTE: Compensation paid to an estate representative; namely, an executor or administrator, for services performed in administering an estate is reportable far Pennsylvania Income Tax purposes. This taxable income . item shauld be reported on form PA.40.lndividuollncome Tax Return. t"' ..., tl C"l E; trl E; !l z > 0 0 CIl :;! Z z 1= trl C'l C"l c:: tl 9 ::: 0 trl X Z ::<:I - Z Z trl ..., trl ..., z 9 ..., -< CIl r<l - 9 CIl z 0 CIl 0 .., 9 "1 "1 ::<:I I ~ - 0 Z c.\ ~: C' -< -< ~T, ~ '-, ....' .. trl trl :...j- I.:i.:..' , > > r~. r::J ,'.. (~j ::<:I ::<:I ~ '_'1 . I..l..' ,~ji~ a:; ~ ~ __I" W 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/ar paid. 4. Enter the names of each payee. 5. Provide a brief explanation in the remarks column far each debt claimed. 6. Enter the amount of each debt being claimed. 7. The form must be signed by the persan who has assumed the responsibility for paying the debts. IF ADDITIONAL SPACE IS NECESSARY USE 8!:," x 11" SHEETS. PENNSYLVANIA INHERITANCE TAX GENJRAL.INFORMATION 1. PERSONS RESPONSIBLE FOR RETURN Section 701 of the Inheritance and Estate Tax Act of 1961 ~rovides tlialtlie following ~cl~,(\ns shall ~rCI)are and file a return: a. The ~ersonal representative 01 the estate of the decedent as to ~ro~erty of llie decede:!t i,dminlStered by him and such additional property which is or may be sublect 10 Inheril,lnce Tax of which he/she sh;111 h?ve or aCQui re knowl edge; b. The transferee of property upon the transfer of which Inheritance Tax is or may be imposed by tlie 1961 Statute, including a trustee of property transferred in trust, provided tlii,lno separate return need he made by the transferee of properly included in the return of a personal representative. 2. PLACE FOR FILING The return is to be filed in duplicate with the Register of Wills of the cOilllty wherein the decedenlwsided. 3. TIME FOR FILING The return is due nine montlls after the decedent's death, unless an extension for filing has been applied for and granted by the Secretary of Revenue within the nine-monlh period. 4. FAILURE TO FILE RETURN Section 791 of the 1961 Statute provides that". . .any pelsoll who willfully fails to file a return or other report required of hirn. . .shall be personally liable. . .to a penalty of 25% of Ihe tax ultimately found to be due or $1,000 whichever is the lesser to be recovered by the Department of Revenue as dehts of like amount are recoverable by law." 5. TAX RATES Inheritance Tax is payable at the rate of 6%on transfers to lineal descendants, such as fatner, mOllier, 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 !1Ionths after the decedent's death. Interest at the rateof6%per annum accrues thereafter unlil payment isrnade. All payments received are firsl ~piied [0 any interest which may be due with any remainder applied to the tax. I F TAX IS PAID WITHIN 3 MONTHS AFTER TH E DECEDENT'S DEATH, A DISCOUNT OF 5% OF THE TAX PAYMENT tS 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 leal property. which lien remains in effect until the taxes and interest have been paid in full. T/j(! taxes lIIay be sued for against any leal property in the decedent's estate or against any property belonging to a transfelee Iiahle for the t~1X. 8. FILING OF FALSE RETURN Any person who willfully makes a false retuO! or report rCQulr!'l] of 111m shi1ll, in :lc(ordance with Section 793 of the 1961 Statute, be guilly of a misdemeanor and, on conviction thueal, shrill he ::,!'ntenced to pay a fine not exceeding $1,000 or undetgo imprisonmcnlnot e1.ceeding one )'e:lI or hoth. the: 1'~Bt, residue '111.1 reDwill.1er oj' my estate to my three grand- children, in equ~l one third (I/3d) shares, ahare Bnd share aliKe, per capita, ROIJ~;R'l' M. RULE DEBORAH L. RULE LORI A. RULE FOURTH: In the event that any and all or my grand- children should inherit under the provisions of this Will an.! have not yet attained the age of twenty one (21), respectively, I hereby nominate, constitute and appoint my aon-in-lav's mother, of- (ATHERINE 1" RULE, 01' Princeton Junction, Nev Jersey, as TRUSTEE for the equal one third (1/3) share as given to each grandchild vith the further provision that she hold said child's share in trust until eaeh child shall attain the age of tventy one (21). FIFTH: I hereby nominate, constitute and appoint my daughter, LINDA ANN (nee: Ranallo) RULE, as Executrix of this my, ~ust Will and Testament. 111 the event that LINDA ANN should predecease me, faily to qualifY, ceal1e to act, or for any reason Is incapablc of perfDrmin~ such task, I then nominate, constitut~ and appoint my son-in-law, ROGER RULE, as Executor ~f this my, Last Will and Teotament. SIX1'H: Nonc of the abovenamed persons shall U', re- quired to ji"Oc;t"bond or suret,' ill this or allY other jurisoictlon for faithful CQmpIianc" of the offices of Executrix, Executor, and Trustee. IN WITNESS WHEREOF, T have hereunto set my hand and Resl this, tile 1/J day of Il),~^'''' Ii ,19~, to this my, LRot Will Bnd Testament. '1.~' rrJ. Lv"'; [\ (((\/vfll~f~AI.) [ JO~h lINE r. RANALLO , INSTRUCTIONS FOR COMPLETING SCHEDULE "A" Schedule "A" should include 0 detoiled description of 011 reol property located in Pennsylvania and held solely by the decedent or held jointly with another individual (s) os tenants in common. List the decedent's percentage of ownership and the estimated market value of the decedent's interest. (Properly held os joint tenants with the right of survivorship or tenants by entireties should be reported on Schedule "E".) All real estate located in Pennsylvania should be described by lot and block number, street address, number of ocres ond generol description of lond ond buildings. Also, includo the book and page number in which the deed is recorded and the exact title os indicated on the deed. If the property has been sold, attoch a copy of the settlement sheet. If the property is subject to 0 mortgage encumbrance, include the name of the mortgagee, dote, rate of interest and the outstanding balance an the dote of death and attach a statement from the mortgagor verifying the outstanding balance. Property taxes and interest on mortgages as of the dote of death, assessments and other encumbrances should be listed on Schedule "F". Do not deduct them on Schedule "A". REV.452 EX+C30801 SCHEDULE "C" CO'MMOHWULTH OF PENNSYLVANIA TRANSFERS DEPARTMENT OP REVENUE TRANSPER INHERtTANCE TAX :~~~:EN~FOECEDENTJ"OSEPHINE I. RANALLO * INSTRUCTIONS: 1. Answer the questions on reverse side. 2. If the answer to any of the questions on the reverse side is "Yes," provide a description of the property transferred per Schedules "A," "B," or "E," its estimated market value at date of death, dates of transfer, to whom transferred and relationship of transferees to decedent. Attach a copy of any trust deed or instrument relating to the transferred property. ITEM NO. DESCRIPTION ESTIMATED DEPT. VALUATION MARKET VALUE (OFFICIAL USE ONLY) 1. CERTIFICATES OF DEPOSIT/with DAUPHIN DEPOSIT BANK & TRUST co, Held with LINDA ANN RULE, jo ntIy opened6/25/81aD follows: (See attached Iett r) 1. Certi ficate of Deposit II 16 32 80451 7 2. " " " II 16 32 80451 9 3. " " " II 16 32 8 o)~ 5? 4. " " " # 16 32 801, 5] 8 5. " " " # 16 32 801, 5;' 0 2. A 6th Certificate of DepofJit, with the above mentioned bank, was cashed by t.he decedant and r,iven to her daur,hter fipproxima tvo months I'd or to death CD II 16 32 801, 51 6 *10,106.41 10,106.1'1 ]0,106.1'1 10,106.1'1 10,106.1'1 ]0,000.00 eJy TOTAL THIS PAGE ~;60,)32.05 60 )' ,l,? ~r 413 9UESTIONS CONCERNING PROPERTY TRANSFERS 1. Did decedent, within two years of death, malIC any transfer of any material part of his estilW without receiving valuable and adequate considemtion? (AnsVler "Yes" or "No".) ___ 2. Did decedent, within two years of death, transfer property fromhimselfi herselt 10 himself/herself "od another parly or parties (including a spouse) in/oint ownership? (Answer "Ves" 01 "No".) ___ 3. If the answer 10 one or two above rs "Ves" and the transler:; :ne clillmed 10 be non(ilxable, provide the fOllowing information: a. Age of decedent at lime of Iranslel. __ b. Copy of death cerli ficale. c. AfFidavit by the allending physician indicatrng the state of decedent's IF!allh 31 lime 01 fransfer. d. All olher information supporting nontaxability of li,lnsfer. 4. Did decedent, in his/her lifetime, make any transfer 01 properly Wit/lOlIt receiving a valuahle Dr iHJefluaJe consideration therefor which was tD take effect in possessiDn orl'l1joyment at or aflcr hiS/her deil!!11 (Answer "\'es" or "No".) . a. Was there any possibility thaI the property transterred might return tD Irilllsleror Dr his/ller estate or be SlJbject to hiS/her pDwer Df disposiliDn? (Answer "Yes" Dr "No".) b. What was the transferee's age at time Df decedent's deatlr? 5. Did decedent in hiS/her lifelime make any transfer without receiving a valuable and ildeqnate cnnsideratiDn therefor under which transferor expressly or impliedly reserves fDr his/ilCr life Dr any p~ricd which does in fact end befDre his/her death: a. The pDssession or enjoyment Df or the righl to incDme fromlhe properly transferred? (~.nswer "Ves" Dr "No".) _ b. The right tD designate Ihe perSDns who shall PDSS(~SS Dr enjDY file property Iransferred Dr income therefrom? (Answer "Ves" or "ND".) 6. If the answer to frve b. above is "Ves," stale whether the right was resorved in decedent alone Dr Dthers. 7. Did decedent in his/her lifetime make a transfer, lhe cDnsideration for which was Iransferee's prDmise 10 pay income to or for Ihe benefit or care Df transferor? (Answer "Ves" Dr "Nu".) 8. Did decedent, at any time, transfer plDperly, the bmeficial enjDYlllent of wlrich was subject to change, because of a reserved power tD alter, amend. or revoke, Dr which could reverllo decedent under Il'rms of transfer or by operiltian of law? (Answer "Yes" or "ND".) 9. If the answer to eight above is "Ves." was the pDwer tD aller, alllend or revoke the interest Df the beneficiary reserved in the decedent alone or the decedent and Dthers? (Answer "Ves" or "ND".) __ REV454 EX. (3'801 COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE TRANSFER INHERITANCE TAX RESIDENT DECEDENT SCHEDULE "E" JOINTL V OWNEDPROPERTV (Instructions on Reverse Sidel . Estate of JOSEPHINE I. RANALLO ITEM NO. TOTAL MARKET VALUE DESCRIPTION 1. Certificate of Deposit/with Dauphin De Bank and Trust Co., held vith LINDA AN RULE, sole heir, Jointly, opened 6/25/ as follovs: 1. Certificate of Deposit 16 32 801, 51 ( $10,106.1'1 2. 11 11 11 16 32 801, 51 9 ~;10 ,106.1, 1 3. 11 11 11 16 32 801, 51 $10,106.1'1 4. 11 11 11 16 32 801, 52 ] ~:10, 106.1, 1 5. 11 11 11 16 32 801, 52 0 $10,]06.111 ***Entirc amount of these CD's arc tax'ble as per Schedule l'e", since transfers w~re done three (3) months before death and in contemplation of death. PE R \ T 1.00% .** VALUE OF DECEDENT'S INTEREST '* DEPARTMENT VALUATION (Offici.1 Use Onlyl TOTAL THIS PAGE :50.:;' 32.05 P ,s';'-?tJr INSTRUCTIONS FOR COMPLETING SCHEDULE "E" Schedule "E" must include all property, real and personal, owned by thr. decedent jointly with another party or parties as joint tenants with right of survivorship. Both tangible and intangible property are to be Included. List real estate first. 1. Describe all real property as indicated 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.owner (s) 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. Indicate the market value of the decedent's interest. t: "" " n ~ ~Tj :> :;; ;I- 0 '"' " (fJ 0 - Z ~. Cl n c: I:) .., Z ... 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