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HomeMy WebLinkAbout03-23-07 PETITION FOR PROBATE AND GRANT OF LETTERS REGISTER OF WILLS OF 0/('- 07- :;; %"0 COUNTY, PENNSYL VANIA 6/1-)86 Estate of RJL), ~L r EJ I<<~ (J File Number also known as , Deceased Social Security Number ~ I tJ -/,? -,..}&U Petitioner(s), who is/are 18 years of age or older, apply(ies) for: E d(,.U~td r: Eiit6 Ij J"R (COMPLETE 'A' or 'B' BELOW:) ~ &rlke /I !lot; Ve: Ec.fJ.tPA/id F /:I/I;$IJ J,f. o A. Probate and Grant of Letters Test mentary and aver that Petitioner(s) is / are the &/llft.. 'l. A & 1I'-U' named in the last Will of the Decedent dated an~ codicil(s) dated r--J c::::. (State relevant circumstances. e.g.. renunciation. death of executor. etc.) ':::::0 20 ~ Except as follows, Decedent did not marry, was not divorced, and did not have a child born or adopted after execution of~~wtrument~ffered --,"f) , for probate, was not the victim of a killing and was never adjudicated an incapacitated person: _ - c:--':-. r-:. N _ \ .-: \~i VJ . --~ :::::.:~ o B. Grant of Letters of Administration '.\ S: (If applicable. enter: c.t.a.; d.b.n.c.t.a.; pendente lite; durante absentia; durante miltorfJiJte) :::::: ./ . '\ '1 .... Petitioner(s) after a proper search has / have ascertained that Decedent left no Will and was survived by the following spouse:.ri~y) and he~ (If Administration. c.t.a. or d.b.n.c.t.a., enter date of Will in Section A above and complete list of heirs.)' Name Relationship Residence (COMPLETE IN ALL CASES:) Attach additio/lal sheets ifnecessary. Decedent was domiciled at death in C Uq, b..~1' (, HLd County, Pennsylvania with his / her last principal residence at (List street address. to WI/Icily. township. county. state. zip code) Decedent, then f? I years of ag~, died on , f /1 ~~ 7 at ,2 : ~eJ ;tJ h7 Decedent at death owned property with estimated values as follows: (If domiciled in P A) All personal property (If not domiciled in P A) Personal property in Pennsylvania (If not domiciled in P A) Personal property in County Value of real estate in Pennsylvania $ $ $ $ o o () o situated as fdllows: Wherefore, Petitioner(s) respectfully request(s) the probate of the last Will and Codicil(s) presented with this Petition and the grant of Letters in the appropriate form to the undersigned: T ed or rinted name and residence FOrtll RW-02 rev, 10.13.06 Page 1 of2 Oath of Personal Representative COMMONWEALTH OF PENNSYLVANIA COUNTY OF (l111K bilnaJ SS The Petitioner(s) above-named swear(s) or affirrn(s) that the statements in the foregoing Petition are true and correct to the best of the knowledge and belief ofPetitioner(s) and that, as personal representative(s) of the Decedent, Petitioner(s) will well and truly administer the estate according to law. ~Jcr ~~ '4 Signature 0 Personal Representative r/ -~W~~ Signature of Personal Representative 0-' Q '",;:0 <:-0 c:.::. -..l Signature of Personal Representative :==Q "C'j '..) ~~ N C0 :;:;.('!'a Estate of ~u -. --; .J G') N and that the instrument(s) dated described in the Petition be admitted to probate and filed of recor Attorney Signature: FEES Letters ............... $ c:::2.5, 60 Short Certificate( s) . . . . . . . . $ '/0,00 Renunciation(s) .......... $ -'" P . .. $ 10. CD AuJ-o ... $ 5.00 .. . $ .. . $ t .. . $ ... $ .. . $ .. . $ ... $ TOTAL ......... . . . . . $ <:10.00 Attorney Name: Supreme Court 1.0. No.: Address: Telephone: Form RW-tJ2 rev. 10.13.06 Page 2 of2 n0~.W'~ REV '("~ This is to certify that the information here given is correctly copied from an original certificate of death duly filed with me as Local Registrar. The original certificate will be forwarded to the State Vital Records Office for permanent filing. 6 '7 _ ~~ WARNING: It is illegal to duplicate this copy by photostat or photograph. E-U186727 No. Fee for this c~rtificate, $6,00 MAR 1 9 2007 Date I'J c.:) r 1 --; ...} G.) 1:") Hl~I<3 REV 112Ol16 TVPE , PRINT IN PE_ENT IllACM INk COMMONWEALTH OF PENNSYLVANIA. DEPARTMENT OF HEALTH. VITAL RECORDS CERTIFICATE OF DEATH (See Instructions and examples on reverse) STAfE FILE NU~BER .2/ '"' c.r, 60<0 )0110 CAUSE Of DEATH (SM in.ltuctiofla ...-....., _ 27 Pan I ~...~ - _. _........- -.... dotodlot causod"'_ 00 >lOT _........ _1UCh.. 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DNa J'_OIOIaII1 l'S' lUlurll 0 - 0-. oP""""'l~ o s..c... 0 COUld NOt DO 0Ittnn0ntcI J2G T....OI~ J30 CI'lofot< IChI<* only onel Ct<1ilying pIly_ IPIl_ ~ cause 01_ __......... ""Y"<~ .... ",on,.,n(:06 CllaIl1 aod compIIt<<I 11Im 23) To.......' 01 ""...-.. _ _ 4w eo... <_"'_""""''''-'' _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ __ ~:~~"=::::::':"~~~"':1.~~=_ ...__ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 0 _Eo_Ic..- On ... _ 01,"_ ..... f Of _.......... in My _. _h _lit"" 0' tilt ,~. _.1ncI pIOCe. ..... 4w 10 \tie COIIIO\I) ono ......... .. __ 0 ~/11// // O'Sposltl()l'l Perm'l No o i..';;ffO LAST .:ILL .um TBSTAIIEBT OP Raahel Binsiq ("-... ,..-..._-;. ("-:;1' , ...---. ;. .~.: c.__J --.J I, Rachel Einsig, of 247. Cassatt Road, -":;,8,e~, Pennsylvania, do publish and declare th1s to be my last-~~~l :and testament, hereby revoking all other wills and cOdicils,heretotcire made by me. - ~-, -, .,,~~ , I FIRST: Familv and Fiduciarv ADDointments r _.-' f'..i (A) Family and Backaround Information. I am married to Edward Einsig. We are both united States citizens. I have two children, namely, Edward Einsig, Jr., and Grace Hoover. The word "issue" will include my grandchildren as well as my other descendants. (B) Inter vivos Trust. The inter vivos trust agreement referred to hereafter in this will is of even date, by and between myself as settlor and myself and Edward Einsig as Co-Trustees. (C) Appointment of Executor. I appoint as executor and successor executors all hereafter referred to as executor, executors, fiduciary or fiduciaries under this will the following named persons: First appointee: Edward Einsig Second appointees: Edward Einsig, Jr., and Grace Hoover (1) Succession of Fiduciaries. My first appointee as a fiduciary shall serve initially unless he fails to qualify or ceases to act as such prior to the completion of the duties of said office, in which event my successor appointees shall serve in the order named. A successor appointee shall act only if her or his immediate predecessor or predecessors fail to qualify or cease to act. (2) No Bond or Accountina. To the extent permitted by the law of the applicable jurisdiction, I hereby excuse my fiduciary, his successor or successors, any administrator c.t.a. (also known as "administrator with the will annexed") and any administrator d.b.n.c.t.a. (also known as "administrator with the goods unadministered and the will annexed") and any ancillary fiduciary, whether named herein or not, from filing any bond or other security. If bond is required, I direct that if possible no surety be required thereon. 1 of 13 ML2" SECOND: Funeral. Last Illness and Taxes (A) Expenses. Notwithstanding that my husband survives me, I direct my executor to pay my funeral expenses (regardless of amount) and the expenses of my last illness from my estate. (B) Funeral Instructions. While I am aware that nothing I may say in this will with respect to my desires concerning the disposition of my remains and related matters is legally binding and that even if it were, this will may not be examined prior to the disposition of my remains, nonetheless, besides advising my husband and my children with respect to my desires on this point in other documents I would like to reiterate here that I wish my remains to be ?????? (e) Taxes (1) Pavable from Residue. I direct that all estate, inheritance, succession, legacy, transfer and other death taxes or duties (by whatever named called), including any and all interest and penal ties thereon, imposed under the laws of any jurisdiction by reason of my death, upon or with respect to any and all property which is required to be included in my gross estate for the purpose of such taxes, whether such property passes under or outside of this will (except any taxes described in Second (C) (2), below, and any interest and penalties associated with said taxes) shall be paid by my executor out of the residue of my estate in the same manner as expenses of administration and shall not be prorated or apportioned among or charged against the respective devisees, legatees, beneficiaries, transferees, or other recipients of any such property or charged against any property passing or which may have passed to any of them, and my executor shall not be entitled to reimbursement for any portion of any such tax from any such person. (2) ExceDted Taxes. The foregoing provisions of this Second shall not apply to: (i) the amount, if any, by which said taxes, interest and penalties thereon shall be increased as a result of the inclusion in my gross estate of property in which I may have a qualifying income interest for life, under section 2044 or corresponding provisions of state law, or over which I may have a general power of appointment under section 2041 or corresponding provisions of state law and any taxes, interest and penalties on said incremental amount shall either be paid from said property directly or shall be recovered by my executor from the person holding or receiving said property as provided in sections 2207A or 2207; (ii) the additional estate tax impose by section 2032A(c) (or corresponding provisions of federal or state laws applicable to my estate and imposing said taxes), and any and all interest and 2 of 13 az:z:-- penalties on said section 2032A(c) and comparable state taxes; (iii) any generation skipping transfer tax imposed under Chapter 13 ( and any similar state tax), which tax and any interest and penalty associated with said tax shall be paid from the property consti tuting the generation skipping transfer; (i v) any supplemental estate tax attributable to excess retirement accumulations of qualified plan benefits included in my estate under Section 4980A, which tax and any interest and penalty associated with said tax shall be apportioned pro-rata against and paid by the person or persons who receive such property; (v) the amount, if any, by which said taxes, interest and penalties shall be increased (after any adjustments under section 2701(e) (6) are taken into account) as a result of an increase in the value of my adjusted taxable gifts or taxable estate under section 2701{d) (1) and (2), or any other special valuation rule contained in sections 2701-2704, any provision replacing said section or corresponding provisions of state law, and any such taxes, interest and penalties attributable to the amount of the increase shall either be paid from the interest in the partnership, corporation or trust to which it applies directly or shall be recovered by my executor from the person or persons holding or receiving such property; (vi) the amount, if any, by which said taxes, interest and penalties shall be increased as a result of the inclusion in my gross estate of property held in any irrevocable trust created by me at any time; and (vii) such portion or portions of said taxes, interest and penalties which are required to be paid or are advanced to my executor by the trustee of the trust described elsewhere in this will. (3) Coordination with Revocable Trust. My executor is authorized to reduce to zero the amount to be distributed to any person under this will or instruct the trustee of my revocable trust referred to in First (B), above, to do the same, by the amount of any taxes, interest and penalty said person is responsible for under this Second (e) if the property resulting in said additional tax does not bear said tax or if said tax is not paid by or reimbursed to my executor by the recipient of said property so that my executor must pay said tax from my estate. If my estate is insufficient to satisfy all such taxes, I have directed the trustees of said trust, to make available to my executor sufficient assets from said trust with which to pay such taxes in full. THIRD: Residential Real Estate. If my husband survives me, I devise and bequeath to my said husband, absolutely and in fee simple any and all interests and rights I have to all residential real estate used by us as a permanent or seasonal home or homes, that we owned as joint tenants or as tenants by the entirety. Said interests shall include all buildings and other improvements thereon, and all property, liability, homeowners or 3 of 13 ilt--c- other insurance policies relating thereto or the proceeds from any such insurance policies, if said proceeds are payable by reason of an event occurring on the day of my death or thereafter. FOURTH: Tanaible Personal Property (A) To Husband or Children. I bequeath all my clothing, jewelry, heirlooms, furniture, household garden and lawn furnishings, equipment and supplies, my fixtures, bedding, rugs, carpets, household goods, linen, silver, silverware, plate, china, glass, glassware, pictures, paintings, antiques, works of art, clocks, books, ornaments, personal effects, motor vehicles and boats (together with the equipment, furnishings and accessories for said motor vehicles and boats), and all other similar articles of tangible personal property owned by me at the time of my death, together with my interest in all property insurance policies or the proceeds therefrom (if payable as a result of an event occurring on the day of my death or thereafter) applicable to the assets bequeathed under this Article Fourth, to my husband, if my husband survives me, or, if not, then to my children, equally. (B) Exclusion. However, the bequests in Fourth (A) do not include: (i) any and all property used by me in any business operated by me as a proprietorship, (ii) cash on hand or on deposit in banks, (iii) bearer securities, (iv) any type of evidence of indebtedness, (v) any life, health or accident insurance policies, (vi) any gold or silver bullion, bars, other precious or strategic metals, stamps or other philatelic materials, coins or other numismatic materials, antique firearms or other weapons, if the fair market value at the date of my death of all such metals, materials and weapons described in this subdivision (vi) totals more than the lesser of THREE THOUSAND DOLLARS ($3,000) or THREE PERCENT (3%) of those of my assets which pass under this will and are required to be shown on the inventory filed with the probate court possessing juriSdiction over my estate. (C) Memorandum of Instructions. I may leave a memorandum containing suggestions as to the ultimate disposition of certain of the property bequeathed under Fourth (A), such memorandum shall be absolute. (D) PaYment of Incidental Charges. I direct my executor to pay from my residuary estate all storage, packing and transportation costs, insurance, customs duties of any country and use taxes charged by any jurisdiction, as well as all other charges incident to the preservation and distribution of any or all of my articles of tangible personal property. 4 of 13 iZ~~ FIFTH: General Legacv and Residuarv Estate (A) Residuarv Estate. I devise and bequeath all of the rest, residue and remainder of my estate, real, personal and mixed, of whatever nature and wherever situated to which I am legally or equitably entitled, all of which is hereafter referred to as my residuary estate, to the then acting trustee under the trust agreement described in First (B) of this will and executed prior to the execution of this will, to be held, administered and distributed pursuant to the terms thereof, as the same may be amended from time to time. However, this devise and bequest of my residuary estate does not include any property over which I may have a power of appointment. Grant of Powers. Cor-Dorate Fiduciarv's Fee. OTIP elections. and GST exemption allocation (A) Powers. In administering my estate I authorize and empower my personal representative (which term is synonymous with the words executor, his or her successor, any administrator c.t.a (also known as "administrator with the will annexed") and any administrator d.b.n.c.t.a. (also known as "administrator with the goods unadministered and the will annexed"), all of whom are hereafter referred to in this will as my fiduciary, whether named herein or not), acting in his or sole and absolute discretion: SIXTH: 1. Retain and Hold. To retain and hold any property or any undivided interest therein held in my estate or in my trust, regardless of any lack of diversification, risk or non- producti vi ty , and whether or not the same consti tutes "legal investments" under applicable law; to continue so hOlding, for as long as my fiduciary deems best, any investments received from them even though the same may be hazardous or doubtful or constitute an unduly large portion of my estate or be of a type constituting an unduly large portion of my estate; and at all times and from time to time to vary investments, whether existing at my death or made thereafter; 2 . Invest and Reinvest. To invest or reinvest my estate in any property or undivided interests therein, wherever located, including but not limited to bonds, notes stocks of corporations, personal property, real estate, or any interest therein, and interests in trusts including common trust funds, without being limited by any statute or rule of law concerning investments by trustees; 3 . Sell. Exchanqe and Grant ODtions. To sell, transfer, conveyor otherwise dispose of, at public or private sale, for cash or credit, together or in parcels, any and all of the real or personal estate at any time included in my estate or 5 of 13 -'ZcL owned by me at my death; to sell real estate, notwithstanding that there may be personal property which might be sold; to grant options to purchase or acquire any such property and to determine the prices and terms of such sales, exchanges and options; and to execute such deeds and other instruments and to do such other acts as may be necessary or proper to vest a good and valid title, absolutely and in fee simple in the purchaser or purchasers thereof; 4 . Lease and Sublease. To execute leases and subleases of real and personal property, and each of the, even though the terms of such leases and subleases may extend beyond the termination of my estate or any trust, to subdivide or improve real estate and tear down or alter improvements, and repair, add to and replace the same; to grant easements, give consents and make contracts relating to real estate and personal property or their uses, and to release or dedicate an interest in real estate; 5 . Borrow and Mortgaae. To borrow money, upon such terms and conditions as may be deemed advisable, but without individual liability therefore; to renew from time to time any loan recei ved in the exercise of the foregoing power or any loan existing at my death; and to mortgage, assign, hypothecate, pledge or otherwise dispose of any part or parts of the real or personal property from time to time included in my estate to secure the repayment of any sum or sums so borrowed or any loan renewed pursuant to the foregoing provisions, to mortgage any such real estate, notwithstanding that there may be personal property which might be affected, with a stranger; and to execute such notes and other instruments as may be necessary or proper for the exercise of these powers, and no mortgage or pledgee shall be in anyway answerable for the application, misapplication or non-application of any loan taken out pursuant to the foregoing powers or required to inquire into the power of my executor to borrow the sum or sums loaned; 6. Conserve. To take any action with respect to conserving or realizing upon the value of any estate or trust property; and wi th respect to foreclosures, reorganizations or other changes affecting the estate or trust property, to collect, pay, contest, compromise, or abandon demands of or against trust assets, wherever situated; and to execute contracts, notes, conveyances and other instruments, including instruments containing covenants and warranties binding upon and creating a charge against estate or trust assets, and containing provisions excluding personal liability; 7. Hold in Nominee Name and Without Indicating fiduciary Ownership. To hold securities or other properties in the name of a nominee or in another form not indicating the fiduciary 6 of 13 -'2~L ownership thereof, whether in bearer, unregistered or other negotiable form; 8. EmDloy Aqents. To employ servants, agents, accountants, attorneys, auditors, brokers, investment counsel, custodians, depositaries, consultants, other professional advisors, and proxies, with or without discretionary powers; to assist or perform any undertakings or actions authorized in this will, charging expenses against income and principal as my fiduciary shall determine; 9. ApDoint Proxies. To appoint a proxy or proxies, with or without power of substitution, to vote shares of a corporation or association as directed or in such manner as such proxy or proxies shall deem best; to deposit securities with, and transfer title to committees representing security holders, and to participate in voting trusts, reorganizations and other transactions involving common interest of security holders; 10. ParticiDate in Reoraanizations. To participate in, assent to or disapprove any plan for the reorganization, consolidation, merger, winding up or readjustment of the indebtedness of any corporation or association and to take any and all action required by reason of participation in such plan, and to place stock or shares in voting trusts; 11. Allocate Between Income and PrinciDal. To determine the manner of ascertainment of income and principal, and the apportionment between income and principal of all receipts and disbursements; 12. Deal with Related Parties. To enter into any transaction authorized by this sixth (A) with the trustee or legal representatives of any other trust or estate in which a primary beneficiary or the remaindermen hereunder has any beneficial interest, even though any such trustee or legal representative is also the trustee hereunder; 13. Distribute in Cash or Kind and Non-Pro-Rata. To make (at then fair market values) any distribution or division or pay any pecuniary legacy in cash or in kind or in both and to make non-pro-rata distributions to or among any beneficiaries; 14. ComDromise or Submit to Arbitration. To compromise or submit to arbitration any claim in favor of or made against my estate or any testamentary trust or any other matter in dispute; 7 of 13 d:~? 15. Determine Valuation Date. To determine the date as of which my gross estate shall be valued for the purpose of determining the federal estate tax payable by reason of my death; 16. Elect Between Income and Estate Tax Deductions. To decide whether all or any part of certain deductions shall be taken as income tax deductions (even though they may equal or exceed the taxable income of my estate and whether or not claimed or of benefit on my estate's income tax return) or as estate tax deductions (even though I may have no taxable estate) when a choice is available; and in the event that all or any part of such deductions are taken as income tax deductions, no adjustment of income and principal accounts in my estate shall be made as a result of such decisions; 17. Agree to Accelerate Tax on Future Interest. To agree to the present payment of death taxes on any future interest created by [this will] OR [in any inter vivos trust into which this will pours] (including a future interest subject to a power of appointment), notwithstanding that but for such agreement for the present payment of said taxes said taxes would not have been imposed until a future time or would have been imposed on the estate of the donee of the power of appointment to which such interest is subject; 18. Pay Excenses. To deduct, retain, expend, and payout of any money belonging to my estate and any testamentary trust any and all necessary or proper expenses in connection with the operation or conduct of my estate and any testamentary trust, including, but not limited to the expense of hazard insurance and public liability and other types of liability insurance; and to pay all taxes and other legal assessments, debts, claims, or charges which at any time may be due and owing by, or which may exist, against my estate or any testamentary trust; 19. Disclaimer To disclaim, in whole or in part, any interest in property for any reason, including but not limited to a concern that such property could cause potential liability under any federal, state, local or foreign environmental law; 20. Receive and Refuse ProDertv. To receive any property, real or personal, to be added to and commingled with my estate or any testamentary trust created under this instrument from my husband or me or from any revocable trust created by me (and if my fiduciary consents in writing, from any other person) by lifetime or testamentary transfer or otherwise; provided, however, that my fiduciary, in its sole discretion, may require, as a prerequisite to accepting property, that the donating party provide evidence satisfactory and warrant to my fiduciary that: (a) the property is not contaminated by any hazardous or toxic materials 8 of 13 XZ E or substances; and (b) the property is not being used and has never been used for any activities directly or indirectly involving the generation, use, treatment, storage, disposal, release, or discharge of any haza~dous or toxic materials or substances; 21. Exculpation. To be free from liability for any loss or depreciation in value sustained by my estate or any testamentary trust created hereunder as a result of my fiduciary retaining any property upon which there is later discovered to be hazardous materials or substances requiring remedial action pursuant to any federal, state, local or foreign environmental law, unless my fiduciary contributed to the loss or depreciation in value through willful default, willful misconduct, or gross negligence; 22. Il1demnification. To withhold a distribution to a beneficiary, notwithstanding any contrary provision of this instrument, until receiving from the beneficiary an indemnification agreement in which the beneficiary agrees to indemnify my fiduciary against any claims filed against my fiduciary as an "owner" or "operator" under the Federal comprehensive Environmental Response, compensation and Liability Act of 1980, as from time to time amended, any regulation thereunder, or any comparable state, local or foreign statue or regulation; 23. Create SeDarate Trust. To create a separate trust to hold any properties suspected of containing or having received any hazardous waste. (B) PaYments to Minors and Incapables. Any and all income or principal that is to be distributed, paid to or applied for the benefit of a minor may, in my fiduciary's discretion, be paid to any person or corporation who is serving as a custodian for the benefit of said minor under the applicable state's Uniform Transfers or Uniform Gifts to Minors Act. In the event that there is no such custodian, my fiduciary may appoint an adult member of the minor's family, a guardian of the minor, a bank with trust powers, or itself, to serve as such custodian and receive said payments. If a beneficiary is incapacitated by illness, accident or other inf irmi ty , or is a minor (and payments are not made to the custodian for the minor as described in the two preceding sentences of this sixth (B)), payments may be made by my fiduciary, in its sole discretion, directly to such minor or incapable, applied directly for the support, maintenance, education, and medical, surgical, hospital, or other institutional care of such minor or incapable; to the conservator of such incapable, or to any other person whether or not appointed guardian of the person or conservator by any court, who shall, in fact, have the care and custody of the person of such minor or incapable. My fiduciary 9 of 13 R~C- shall not be responsible for nor shall it have any duty to follow any payments made under the provisions of this sixth (B). (C) CorDorate Fiduciarv's Fee. Any corporate fiduciary serving hereunder shall be entitled to compensation in accordance with its current schedule of services and fees in effect at the time of the rendition of such service. (D) Trustee to Direct Executor to Elect to Qualifv QTIP. The trusts established under the agreement described in First (B) of this will, into which all or a portion of my residuary estate is added under Fifth of this will, may include a qualified terminable interest property trust (hereinafter called a QTIP Trust) for my husband. I direct my executor, in deciding whether to elect to qualify part or all of said trust for the federal estate tax marital deduction, to follow the direction of the trustee of said trust as to whether and to what extent to make said election. I hereby exculpate and exonerate my said executor from any and all liability for following the direction of my said trustee in making said election. (E) Reverse QTIP Election. My executor is authorized to elect under section 2652(a) (3) to treat me as the transferor of any property which the election to treat said property as qualified terminable interest property was made by my executor pursuant to section 2056 (b) (7). (F) Allocation of GST Exemption. My executor is authorized in my executor's sole discretion and without court approval, to allocate any portion or all of my exemption from generation-skipping transfer tax available to my estate pursuant to Section 2631 (a), or any similar exemption, exclusion or other benefit allowable under the law in force when I die, to any property as to which I am the transferor within the meaning of Section 2652 (a), including any property transferred during my lifetime, to elect out of any deemed allocation or revoke any prior election out, in whatever manner my executor may determine to be appropriate. Except as otherwise provided, no adjustment shall be made between principal and income or in the relative interests of the beneficiaries to compensate for any such election or allocation. SEVENTH: Miscellaneous provisions (A) caDtions,. The underline captions set forth in this will at the beginning of the various subdivisions hereof are for convenience of reference only and shall not be deemed to define or limit the provisions hereof or to affect in any way their construction and application. 10 of 13 dZL- (B) References in Will to sections and ChaDters are to Tax Law. Unless otherwise specified, all references in this will to section and chapter numbers are to those of the united states Internal Revenue Code of 1986, as amended, or the corresponding provisions of any subsequent united states (federal) tax laws applicable to my estate. (C) Definitions: 1ll Issue Includes Adoptives. but not Persons Born out of Wedlock. The words "issue", "child", "children", "grandchild", "grandchildren", "great-grandchild" and "great- grandchildren" shall include persons who are legally adopted (so long as any such adopted persons were under the age of eighteen (18) years at the time of their adoption) and the issue of said persons, but only if born to parents who at the time of said birth were married to each other. (2) Issue includes all descendants and children in aestation. The word "issue" shall include descendants of all generations. A child in gestation at the time of an event, who is later born alive, is deemed to be "in being", "alive" or "surviving" at the time of such event. ( 3 ) Per stirDes. A direction to make a distribution to issue, per stirDes, shall mean that the required per stirDital division shall be made at the earliest generation having living representatives. (D) Afterborns. The birth to me or the adoption by me of a child or children subsequent to the execution of this will shall not operate to revoke this will. (E) SurvivorshiD. If my husband and I die under circumstances in which there is no sufficient evidence as to which one of us died first or the order of our deaths cannot be established by proof, then for all purposes other than distributions of the devises and bequests made under Third of this will, it shall be conclusively presumed that my husband survived me, notwithstanding the provisions of any law establishing a different presumption of order of death or providing for survivorship for a fixed period as a condition for inheritance of property. For purposes of the devises and bequests under Third and Fourth of this will, my husband shall not be deemed to survive me and for all purposes a person other than my husband shall not be deemed to survive me if such person dies within sixty (60) days of my death, nor to survive another if such person dies within sixty (60) days of the death of such other. 11 of 13 ~z~ (F) Masculine. Feminine and Neuter Interchanaeable: Sinaular Includes Plural. When the context so requires, the masculine, feminine and neuter genders shall be used interchangeably and the singular shall include the plural and vice versa. (G) ReciDrocal wills are Not Contracts. Although my husband and I may be executing reciprocal wills, this shall not be construed to indicate the existence of a contract between us and, if my husband survives me, my husband shall be free to dispose of his estate as my husband may desire, without any restriction or limitation. EIGHTH: Drovisions Contents of will. Testimonium and Attestation (A) Contents of will. This will consists of eight (8) articles (including this one). Following Article Eighth is one numbered page containing a self-proving affidavit. (B) Testimonium and Attestation Provisions. IN WITNESS WHEREOF, I have hereunto set my hand and seal this ~ day of May, 1994. ~~~L iJ signed, sealed, published and declared by the above named testatrix as and for her last will and testament, in the presence of us who at her request, in her presence and in the presence of each other have hereunto subscribed our names as witnesses. ~ ~ h.../dL..-.' tf;.fft.u~~ ,/~ CrlLi;I/'1 of lIoo 0....... 13........... L,I-c_,11.'/~ 1/J4,/r~( I of ~'/7r'-.z~, ole- ~~d~ .b~d M~/J./. of 12 of 13 COMMONWEALTH OF PENNSYLVANIA COUNTY OF BUCKS We, Rachel Einsig, (;. T ~ t>...... "'.i L./; l (: ~ '" ) '-/ .- t l.. ~ """"' .) c (.,. : _ A t <. oJ . , and , the testatrix and witnesses, respectively, whose names are signed to the attached or foregoing instrument, being first duly sworn, do hereby declare to the undersigned authority that the testatrix signed and executed the instrument as her last will and that she signed willingly, and that she executed it as her free and voluntary act for the purposes therein expressed, and that each of the witnesses, in the presence and hearing of the testatrix, signed the will as witness and that to the best of their knowledge the testatrix was at that time eighteen years of age or older, of sound mind and under no constraint or undue influence. /ld;:~- ~ -1dthel EJ.nsJ.g C .. ~- ~ ,fL/,(/~.---.~ WJ.tness (~,t! ){( cf~;d /Wftness Witness Subscribed, sworn to and acknowledged before me by Rachel Einsig, the testatrix, and subscribed and sworn to before me by ,. 1" (... I _ ... \ ......"... ; l ". ~ ..... I , V : l ( : ... _ 5 '" ~ ; _ A (.f. . , and , witnesses, on May the 0 ~~~, 1994. h~4~~ ~, ' ( SEAL) NOT ARIAL SEAL JENNY Lr:" !:S MARZ!ANO. Notary Public City or !-'!Ii1adelphia. Phila. County Mv Commission Exoires ALlG. 20. 19Q4 F:\USERS\GfW\WILLS\EJNSIO.RAC 13 of 13