The URL can be used to link to this page

Home My WebLink About04-24-07 -.J 15056051058 REV.1500 EX (06-05) PA Department of Revenue '* Bureau of Individual Taxes . PO BOX 280601 Harrisburg, PA 17128-0601 ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death OFFICIAL USE ONLY ~?unty Code Year INHERITANCE TAX RETURN RESIDENT DECEDENT File Number 21 07 0273 Date of Birth 233-40-0247 02/22/2007 08/18/1926 McKINLEY Decedent's First Name Decedent's Last Name MI PAULINE B (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix First Name MI Spouse's Social THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW <a'J 1. Original Return C) 2. Supplemental Return C) 3. Remainder Return (date of death prior to 12-13-82) 5. Federal Estate Tax Return Required C::J 4. Limited Estate C) (It) C) 4a. Future Interest Compromise (date of death after 12-12-82) C) 7. Decedent Maintained a Living Trust (Attach Copy of Trust) C) 10. Spousal Poverty Credit (date of death C) 11. Election to tax under Sec. 9113(A) between 12-31-91 and 1-1-95) (Attach Sch. 0) CORRESPONDENT - THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONfiDENTIAL TAX INfORMATION SHOULD BE QlBI;CTED TO: Name [)aytimeTeleptlgne Number ,:::c~ =:I (717) 73 7 -g~@ :,,"' uo ~ <_@'.....m_._.m.::...,:...:~~I::~Ct._^.^....~~"...,._ ~".~ REGISTER dF~Wtt.LS U5p.,.9NLY 6. Decedent Died Testate (Attach Copy of Will) 9. Litigation Proceeds Received 8. Total Number of Safe Deposit Boxes THOMAS E. FLOWER Firm Name (If Applicable) SAlOIS, FLOWER, LINDSAY ~- ,-/--" First line of address ~ r' -. ,~. 2109 MARKET STREET Second line of address c.) C) City or Post Office DATE FILED State CAMP HILL 17011 Correspondent's e-mail address: Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct and complete. Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge. ~I~NATURE OF PE~:;;O~I~~~ETURN J/rA;~ / O:r ADDRESS I STEVEN E. McKINLEY, 3025 STRATFORD RD., RICHMOND, VA 23225 ___~~~.n SIG~~H~. ____~._______~ ADDRESS SAlOIS, FLOWER & LINDSAY, 2109 MARKET STREET, CAMP HILL, PA 17011 PLEASE USE ORIGINAL FORM ONLY DATE - 11""7 f/S ~ I L 15056051058 Side 1 15056051058 -.J -.J 15056052059 REV-1500 EX Decedent's Name: PAULINE B McKINLEY RECAPITULATION 1. Real estate (Schedule A). ............................................ 1. 2. Stocks and Bonds (Schedule B) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 2. 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C) . . . .. 3. 4. Mortgages & Notes Receivable (Schedule D) . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 4. 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) . . . . . . .. 5. 6. Jointly Owned Property (Schedule F) c::; Separate Billing Requested. . . . . .. 6. 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (Schedule G) c::; Separate Billing Requested. . . . . . .. 7. 8. Total Gross Assets (total Lines 1-7). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 8. Decedent's Social 233-40-0247 10,743.05 15,531.03 26,274.08 2,824.07 1,047.36 3,871.43 22,402.65 . 9. Funeral Expenses & Administrative Costs (Schedule H). . . . . . . . . . . . . . . . . . . .. 9. 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I). . . . . . . . . . . . . . . . 10. 11. Total Deductions (total Lines 9 & 10). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 11. 12. Net Value of Estate (Line 8 minus Line 11) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12. 13. Charitable and Governmental Bequests/See 9113 Trusts for which an election to tax has not been made (Schedule J) . . . . . . . . . . . . . . . . . . . . . . . . 13. 14. Net Value Subject to Tax (Line 12 minus Line 13) . . . . . . . . . . . . . . . . . . . . . . . . 14. TAX COMPUTATION. SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 (a)(1.2) X .0_ 16. Amount of Line 14 taxable at lineal rate X.O 45 22,402.65 17. Amount of Line 14 taxable at sibling rate X .12 18. Amount of Line 14 taxable at collateral rate X .15 19. TAX DUE. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19. 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT L 15056052059 Side 2 22,402.65 15. 16. 1,008.12 17. 18. 1,008.12 c::; 15056052059 -.J REV-1500 EX Page 3 Decedent's Complete Address: DECEDENT'S NAME PAULINE B McKINLEY STREET ADDRESS 701 YORKSHIRE DRIVE DECEDENT'S SOCIAL SECURITY NUMBER 233-40-0247 CITY CARLISLE STATE PA ZIP 17013 Tax Payments and Credits: 1. Tax Due (Page 2 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount (1) 1,008.12 957.72 ~--- 50.40 Total Credits (A + B + C ) (2) 1,008.12 3. Interest/Penalty if applicable D. Interest E. Penalty Total Interest/Penalty ( 0 + E ) (3) 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Fill in oval on Page 2, Line 20 to request a refund. (4) 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (5) (5A) (5B) 0.00 0.00 0.00 A. Enter the interest on the tax due. Make Check Payable to: REGISTER OF WILLS, AGENT PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No a. retain the use or income of the property transferred;.......................................................................................... 0 [i] b. retain the right to designate who shall use the property transferred or its income; ............................................ 0 [i] c. retain a reversionary interest; or.......................................................................................................................... 0 [i] d. receive the promise for life of either payments, benefits or care? ...................................................................... 0 [i] 2. If death occurred after December 12,1982, did decedent transfer property within one year of death without receiving adequate consideration? .............................................................................................................. 0 [i] 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? .............. 0 [i] 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? ........................................................................................................................ 0 [i] IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. For dates of death on or after July 1, 1994 and before January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is three (3) percent [72 P.S. ~9116 (a) (1.1) (i)]. For dates of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is zero (0) percent [72 P.S. ~9116 (a) (1.1) (ii)]. The statute does not exemot a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1, 2000: The tax rate imposed on the net value of transfers from a deceased child twenty-one years of age or younger at death to or for the use of a natural parent, an adoptive parent, or a stepparent of the child is zero (0) percent [72 P.S. ~9116(a)(1.2)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is four and one-half (4.5) percent, except as noted in 72 P.S. ~9116(1.2) [72 P.S. ~9116(a)(1)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is twelve (12) percent [72 P.S. ~9116(a)(1.3)]. A sibling is defined, under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. REV-1508 EX+ (6-98) .. COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY ESTATE OF PAULINE B. McKINLEY FILE NUMBER 02-07-0273 Include the proceeds of litigation and the date the proceeds were received by the estate. All property jointly-owned with right of survivorship must be disclosed on Schedule F. ITEM NUMBER DESCRIPTION VALUE AT DATE OF DEATH 1 USAA SUBSCRIBER SAVINGS ACCOUNT #420-74-74 2 2002 BUICK CENTURY, 29,00 MI., SALE PROCEEDS 3 HOUSEHOLD FURNISHINGS (MOSTLY DONATED), ESTIMATED VALUE 1,743.05 6,500.00 2,500.00 TOTAL (Also enter on line 5, Recapitulation) $ (If more space is needed. insert additional sheets of the same size) 10,743.05 REV-1509 EX+ (6-98* COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE F JOINTLY-OWNED PROPERTY ESTATE OF PAULINE B. McKINLEY FILE NUMBER 21-07-0273 If an asset was made joint within one year of the decedent's date of death, it must be reported on Schedule G. SURVIVING JOINT TENANT(S) NAME ADDRESS RELATIONSHIP TO DECEDENT A'STEVEN E. McKINLEY .. 33025 STRATFORD ROAD RICHMOND, VA 23225 SON B. C. JOINTLY-OWNED PROPERTY: LEITER DATE DESCRIPTION OF PROPERTY %OF DATE OF DEATH ITEM FOR JOINT MADE INCLUDE NAME OF FINANCIAL INSTITUTION AND BANK ACCOUNT NUMBER OR SIMILAR DATE OF DEATH DECO'S VALUE OF NUMBER TENANT JOINT IDENTIFYING NUMBER. AITACH DEED FOR JOINTLY.HELD REAL ESTATE. VALUE OF ASSET INTEREST DECEDENT'S INTEREST 1. A. 09/28/73 M&T BANK JOINT CHECKING ACCT. #59069082 13,089.06 50 6,544.53 2. A. 06/02192 WACHOVIA BANK JOINT CHECKING ACCl. #1052922720509 15,156.59 50 7,578.30 3. A. 05/06/91 WACHOVIA BANK JOINT CHECKING ACCT. #1000293647884 2,816.40 50 1,408.20 TOTAL (Also enter on line 6, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 15,531.03 REV-1511 EX+ (12-99). COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS ESTATE OF PAULINE B. McKINLEY FILE NUMBER 21-07-0273 Debts of decedent must be reported on Schedule I. ITEM NUMBER A. DESCRIPTION AMOUNT 1. FUNERAL EXPENSES: B. ADMINISTRATIVE COSTS: 1 . Personal Representative's Commissions Name of Personal Representative( s) Social Security Number(s)/EIN Number of Personal Representative(s) Street Address City State Zip Year(s) Commission Paid: 2. Attorney Fees 2,500.00 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant Street Address City State .Zip Relationship of Claimant to Decedent 4. Probate Fees 5. Accountant's Fees 6. Tax Return Preparer's Fees 7. PUBLISH EXECUTOR'S NOTICES 83.00 241.07 TOTAL (Also enter on line 9, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 2,824.07 REV-1512 EX+ (12-03) '* COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS ESTATE OF PAULINE B. McKINLEY FILE NUMBER 21-07-0273 Report debts Incurred by the decedent prior to death which remained unpaid as of the date of death, including unreimbursed medical expenses. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. USAA, CREDIT CARD BILL 1,047.36 TOTAL (Also enter on line 10, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 1,047.36 REV-1513 EX+(9-00) * COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE J BENEFICIARIES ESTATE OF Pauline B. McKinley NUMBER I RELATIONSHIP TO DECEDENT Do Not List Trustee(s) NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 9116 (a) (1.2)] Steven E. McKinley, 3025 Stratford Rd., Richmond VA 23225 son 2 Michael S. McKinley, 11338 Finchley Lane, Jacksonville, FL 32223 son FILE NUMBER 21-07-0273 AMOUNT OR SHARE OF ESTATE residue 100.00 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18, AS APPROPRIATE, ON REV-1500 COVER SHEET II NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART 11- ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET (If more space is needed, insert additional sheets of the same size) PAY TO THE . ORDEROF. FOR .' .t",\"" ~i l. .~.. . ' GRAHAM MOTOR ,COMPANY, INC. 1402 HOLLY PIKE CAFlLlSLE,PA 17015 .. :51:eLJ"Gr\ .,t . '{V)c k,~lel . .... Utt.' ~ilJ1baQQ Dill t'. Qt"11 CTS ... ."., . ..:;).." . . ..' .'. . .....:1 . 'I,,,,,t . rlM8U8ank -...--....... -~ 32450 DATE /7pn/ If J. 001 I $'6500. Db 60-295-313 DOLLARS flI. e= 0;;( 'C4,'()( ~&1 ~__~ II- 0 :l 2 I. 5 0 II- I: 0 :l ~ :l 0 2 11 5 5 I: ~ I. 58 5811- '" ~ USAA- 9800 Fredericksburg Road San Antonio, Texas 78288 2484 400 PAULINE B MCKINLEY 701 YORKSHIRE DR CARLISLE PA 17013-3553 :l4l::i4 4UU February 15, 2007 USAA number: 00420 74 74 This is your 2007 Savings Account (SSA) statement. Your SSA is a unique ofUSAA membership. This year, USAA is able to share the association's financial succ~s~by Tl!~~~aU()C~Q1Lt YOUt-SSA. This statement reflects the allocation approved by the USAA Board of Directors for 2007. Allocation amouU1 vary from year to year depending on USAA's overall operational performance, insurance losses paid, performance ofUSAA's investment portfolio, and the financial requirements of the association. At the end of each year, the board may also approve distributions from SSA accounts when USAA's total capital exceeds its current projected requirements. In December 2006, the USAA Board of Directors authorized a total SSA distribution of approximately $222 million. Please refer to the enclosed brochure for more information about your SSA. We value your membership and look forward to serving all your financial needs. If you have questions, please call a USAA member service representative at (800) 495-5957. ** This is not a bill. This is a statement of your SSA. ** Subscriber's Savings Account Activity Prior SSABalance LesS Distribution on 12/07/06 SUbtotal Plus This Allocation New SSA Balance .~ 4, \" lA' ~~.,fl QfCI~ $ 1,548.89 61.96 ---------.-----.-- $ 1,486.93 + 256..12 - - -- --"---"-"-'-'---"- ,';;;:" r '9/' ~A)\. ("\ ~rx') . v ~ ~ iY ( iii) ~ l DM13685 04481-0206 . p~~ WACHOVIA Reference 10: 1987807 Wachovia Bank N.A. Balance Confirmation Services POBox 40028 Roanoke, VA 24022-7313 March 28, 2007 STEVEN E MCKINLEY 3025 STRATFORD ROAD RICHMOND, VA 23225.- SUBJECT: Verification I Confirmation of Account and Balance Infonnation provided for: .CuStomer:PAULINEBMCKlNLEY (SSN#-233-40-0247f----- Date of Death: February 22, 2007 Deposit Account Information Account Type Account Number Date of Death Balance Average Balance* Date Opened 6/2/1992 Maturity lnterest Acerued YTD Date Date Rate lnterest lnterest Paid Closed CHECKING 1052922720509 $15,156.48 $0.11 $0.39 LEGAL TITLE: STEVEN E MCKINLEY PAULINE B MCKINLEY CHECKING 1000293647884 LEGAL TITLE: PAULINE B MCKINLEY STEVEN B MCKINLEY $2,816.24 5/6/1991 $0.16 $0.75 * Due to system we can only provide a twelve month average balance on depository accounts. * Deposit Box found for customer. . (id ~/L1 (l ~r *<: REV-1549 EX (9-00) '* - , NU IIC~aF -OECEDElrr-' COMMONWEALTH OF _ _....~ . ~.~IA DEPARTMENT OF REVENUE ACCOUNT STATUS BUREAU OF INDIVIDUAL TAXES DEPT. 280601 HARRISBURG, PA 17128-0601 (717) 787-8327 NAME: (Last) B. (First) (Middle Initial) YVl c.. ILt V\ (e,,", . tLiA-I \ n e,. B DECEDENT SOCIAL SECURITY NUMBI!R OF DECEDENT: I DATE OF DEATH (Month) (Day) (Year) INFORMATION .:233 ~DO ~q, OL 22 jCfOI ADl~sl O\J~E::t~S~ U r . CITY fA- ,COUNTY .I COUNTY CODE f&II'~(.e. Irzo (3 Cu.mtoe->'l'MJ... NAME OF FINANCIAL INSTITUTION FINANCIAL m~T B A..;(V.""_ ADDRESS CITY STATE ZIP CODE INSmUTION otl.co \AI vl.fKcf -Ro-H-oYY' K J . QtLk ii S Ie. PA-- 1/6i 5' INFORMATION TELEPHONE NUMBER Check block if name or address change '11 r"J - ~,.l-f D - Lf-S A t.f 0 TYPE OF ACCOUNT: ~nt Checking TA.9UNT NUMBER ACCOUNT o Joint Savings o "In Trust For" o Joint Time Certificate q D (; q () ~A INFORMATION ACCOUNT BALANCE (Include interest to date of death) I ?RIGINAL DATE ACCOUNT WAS ESTABLISHED WITH JOINT PLEASE ATTACH ~ I 3 ; 0 <6 '1. D fa , ',' - 'i'lURVIVORlBENEFICIARY q I.)" <; I fCj '73 COPY OF ACCOUNT TITLE AS IT APPEARS ON SIGNATURI: CARD OR CERTIFICATE OF DEPOSIT . SIGNATURE r ~~ ne- "B. m. c.. \<..iYt t -e.U <' r ~-\-tx/-el\~ ~. \'Y)C!.I(..L n le-u CARD PLACE CHECK IN BLOCK BELOW IF ACCOUNT W,,"S ESTABLISHED BY A TRANSFER OF FUNDS FROM ANOTIlER ACCOUNT THAT WAS REGISTERED IN IF AVAILABLE THE NAMES'OF THE SAME JOINT OWNERS AND ENTER THE DATE ORIGINALLY ESTABLISHED. o Rollover Account - Date Originally Established NAME (Last) ~(First) (Middle Initial) OFFICIAL USE rv1 c- 1-<'71\ {op"" 1 ,+-eA €IY\ E:. ONLY JOINT ADDRESS ~-t~-rV- ~ct. PERCENT TAXABLE SURVIVOR! 30d-.6 BENEFICIARY CIT~ STATE ZIP CODE INFORMATION I GhmoYlL fA. ~3~C7-.5 TAX RATE RELATIONSHIP TO DECEDENT SURVIVOR'S SOCIAL SECURITY NUMBER 60n ;Z~4 '7h1Cf;JLP NAME (Last) (First) (Middle Initial) OFFICIAL US~ ONLY JOINT ADDRESS PERCENT TAXABLE SURVIVOR! BENEFICIARY CITY STATE 'ZIP CODE INFORMATION TAX RATE RELATIONSHIP TO DECEDENT SURVIVOR'S SOCIAL SECURITY NUMBER NAME (Last) (First) (Middle Initial) OFFICIAL USE ONLY JOINT ADDRESS PERCENT TAXABLE SURVIVOR BENEFICIARY CITY STATE ZIP, CODE INFORMATION TAX RATE RELATIONSHIP TO DECEDENT SURVIVOR'S SOCIAL SECURITY NUMBER NAME (Last) (First) (Middle Initial) OFFICIAL USE ONLY JOINT ADDRESS PERCENT TAXABLE SURVIVOR! BENEFICIARY CITY STATE ZIP CODE INFORMATION TAX RATE RELATIONSHIP TO DECEDENT SURVIVOR'S SOCIAL SECURITY NUMBER TELEPHONE NUMBER '71 '7 - ;;"4-0 - '-{--:{ ~ 4- DATE 3/~3. SAlOIS SHUFF, FLOWER & LINDSAY ATTORNEYS-AT-LAW 26 W. High Street Carlisle, PA LAST WILL AND TESTAMENT OF PAULINEB. McKINLEY I, PAULINE B. McKINLEY of 701 Yorkshire Drive, Carlisle, Cumberland County, Pennsylvania, declare this instrument to be my Last Will and Testament, in manner and form following: FIRST: I hereby expressly revoke all Wills and Codicils heretofore made by me. SECOND: I hereby direct my Executor to pay all my just debts, funeral and administrative expenses out of my estate, as soon as practicable after my death. THIRD: I direct that all taxes which may be assessed in consequence of my death of whatever nature and by whatever jurisdiction imposed shall be paid out of my estate as a part of the administration of my estate. FOURTH: I give and bequeath such of my personal property as may be listed on an unsigned memorandum kept with my Will to persons named thereon, provided they survive my death. Should such a memorandum not be found with my Will, it shall be conclusively presumed that none was prepared, and all of my personal property shall be considered a part of the remainder of my estate. FIFTH: I direct the sale of all the rest of my personal and real property and direct that the proceeds of sale be added to the rest, residue and remainder of ff1CfJ SAlOIS SHUFF, FLOWER & LINDSAY ATIORNEYSoAToUW 26 W. High Street Carlisle, P A my estate. I give and bequeath the sum of One Hundred ($100.00) Dollars, cash absolutely, to my son MICHAEL STEWART McKINLEY, of Jacksonville, Florida because of my love for him and the other gifts made to him during my lifetime. SIXTH: I give, devise and bequeath the remainder of my estate, real, personal or mixed, whatsoever situate, to my son, STEVEN EARL McKINLEY, of Richmond, Virginia absolutely. In the event that my son STEVEN EARL McKINLEY does not survive me by 60 days then, in that event I give, devise and bequeath the remainder of my estate, real personal or mixed, whatsoever and wherever situate, to LINDSAY P. McKINLEY of New York City, New York. SEVENTH: I hereby nominate, constitute and appoint my son, STEVEN EARL McKINLEY, of Richmond, Virginia to be the Executor of this my Last Will and Testament. In the event that STEVEN EARL McKINLEY shall be unable to serve as Executor for any reason, I then nominate, constitute and appoint LINDSAY P. McKINLEY of New York City, New York as Executrix. No personal representative shall be required to file bond in this or any other jurisdiction. EIGHTH: In addition to the powers conferred by case law, by statute and by other provisions of this Last Will and Testament, my personal representative, and any successors in that capacity shall have the following discretionary powers applicable to all real and personal property held by them, which powers shall be effective without Order of any Court and which shall exist and continue until the time of actual distribution: A. To retain any property of any nature received by them for initials 7 I/{c~ whatever period it shall be deemed advisable; B. To invest and reinvest all or any part of the assets of my Estate without regard to statutes limiting the property which a fiduciary may purchase; C. To sell, transfer, exchange or otherwise dispose of, any part of the assets of my Estate for cash or on terms, publicly or privately, or to lease, without liability on the purchasers to see to the application of the proceeds, and to give options for these purchases without the obligation to repudiate them in favor of a higher offer; D. To execute and deliver any deeds, leases, assignments or other instruments as may be necessary to carry out the provisions of this Will; E. To borrow money, if necessary to facilitate the administration and closing of my Estate, including the right to borrow money from any bank, including DAUPHIN DEPOSIT BANK AND TRUST COMPANY, and to mortgage or pledge any asset of the estate as security; F. To loan to, and to purchase assets from, my Estate, even if it is also acting as Executor thereof. G. To assume continuance of the status of any beneficiary with SAID IS SHUFF, FLOWER & LINDSAY regard to death, marriage, divorce, illness, incapacity and similar incidents ATfORNEYSoAToLAW 26 W. High Street Carlisle, P A or matters in the absence of information deemed reliable without liability for disbursements made on such assumption; H. To make any distribution hereunder either in kind or in money, or partially in kind and partially in money, considering of course the initials 1 IIfCIC reasonable wishes of the beneficiary. Distribution in kind shall be made at the appraised value of the property distributed, as it is set forth in the Inheritance Tax Return filed in my Estate. I. To exercise any subscription right in connection with any security held hereunder, to consent to or participate in any recapitalization, reorganization, consolidation or merger of any corporation, company or association, the securities of which may be held hereunder; and to delegate authority with respect thereto, to deposit investments under agreements, to pay assessments, and generally to exercise all rights of investors; J. To continue in any partnership, joint venture, joint ownership or other business enterprise of which I am a part at the time of my death; K. To compromise claims; L. To continue for whatever period of time my personal representative shall deem necessary any ownership as a tenant in common or as a partner, in real estate or other property and to act as I would have done had I been living. M. To do all other acts in his/her judgment necessary or desirable for the proper management, investment and distribution of the assets of my Estate; SAIDIS SHUFF, FLOWER & LINDSAY N. I direct that my Executor shall be compensated for the ATIORNEYSoAToLAW 26 W. High Street Carlisle, P A services it' renders to my Estate in accordance with its prevailing schedule of fees in effect during the time when said services are rendered. initials Ll /H SAlOIS SHUFF, FLOWER & LINDSAY ATIORNEYSoAToLAW 26 W. High Street Carlisle. P A IN WITN~S WHEREO~,1 hereunto set my hand and seal this { q day of :pezA. jf ~f{ ~~ ' 2003. SIGNED, SEALED, PUBLISHED and DECLARED jn the presence of: -rJ . p~ ' ~ 0" Pauline B. McKinley initials ~ -I1( Cf SAlOIS SHUFF, FLOWER & LINDSAY ATTORNEYS-AT-LAW 26 W. High Street Carlisle, P A COMMONWEALTH OF PENNSYLVANIA 55. COUNTY OF CUMBERLAND I, PAULINE B. McKINLEY, Testatrix, whose name is signed to the attached or foregoing instrument, having been duly qualified according to law, do hereby acknowledge that I signed and executed the instrument as my Last Will; that I signed it willingly; and that I signed it as my free and voluntary act for the purposes therein expressed. Sworn or affirmed to and acknowledged before me, by PAULINE B. McKINLEY, Testatrix, this 11 day of ~Ui~ 2003. --I~6.~ Pauline B. McKinley, Testatrix ~~d_ NOTARIAL SEAL KANDI L LENKER, NOTARY PUBLIC CARLISLE BORO. CUMBERLAND COUNTY MY COMMISSION EXPIRES FEBRUARY 20. 2005 initials -111 h , , ' SAIDIS SHUFF, FLOWER & LINDSAY ATTORNEYS.AT.LAW 26 W. High Street Carlisle, P A COMMONWEALTH OF PENNSYLVANIA 55. COUNTY OF CUMBERLAND We, Carol J. Lindsav and Tanya L. Ware , the witnesses whose names are signed to the attached or foregoing instrument, being duly qualified according to law, do depose and say that we were present and saw Testatrix, PAULINE B. McKINLEY, sign and execute the instrument as her Last Will; that she signed willingly and that she executed it as her free and voluntary act for the purposes therein expressed; that each of us in the hearing and sight of the Testatrix signed the Will as witnesses; and that to the best of our knowledge the Testatrix was at that time 18 or more years of age, of sound mind and under no constraint or undue influence. Sworn or affirmed to and subscribed to before me by Carol J. Lindsay and Tanya L. Ware witnesses this 19th day of L\2CEIlll:Jer ,2003. ~JtL m~~ Notary Pu lie NOTARIAL SEAL KANDI L. LENKER, NOTARY PUBLIC CARLISLE BORO. CU!v113E~LAND couNlY WN COMMISSION EXPiF;ES Fl:.BRUARY 20, 2005 ____w-r<,'-"""'c''''- initials 7 -!It