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HomeMy WebLinkAbout06-07-07 REV-1500 EX + (8-00) . .' COMMONWEALTH OF , . . PENNSYLVANIA , DEPARTMENT OF REVENUE DEPT. 280601 . HARRISBURG, PA 1712B-ll601 REV -1500 INHERITANCE TAX RETURN RESIDENT DECEDENT OFFICiAl USE ONLY FILE NUMBER 2 1 -0 6 6 9 7 ""CoUNTYCciiiE" ----y"EAR- - - NuMBER- - I- Z W C W o W C DECEDENT'S NAME (LAST, FIRST, AND MIDDLE INITIAL) Coffe Jo ce L. DATE OF DEATH (MM-DD-Year) SOCIAL SECURITY NUMBER DATE OF BIRTH (MM-DD-Year) 2 06- 3 2 - 1 264 THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS 05/08/2006 03/17/1940 (IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST, AND MIDDLE INITIAL) Coffe Donald L. SOCIAL SECURITY NUMBER w !;( ll:-II) U O:ll: wll.U J:oo U 0:... 8:lD c( !Xl 1. Original Retum D 4. Limited Estate !Xl 6. Decedent Died Testate (Allach copy of Will) D 9. Litigation Proceeds Received D 2. Supplemental Retum D 4a. Future Interest Compromise (date of death after 12-12-82) D 7. Decedent Maintained a Living Trust (Attach copy ofTrusQ D 10. Spousal Poverty Cred~ (dale of death between 12-31-91 and 1-1-95) D 3. Remainder Retum (date of death priorlD 12-13-82) D 5. Federal Estate Tax Retum Required .Q.. 8. Total Number of Safe Depos~ Boxes D 11. Election to tax under Sec. 9113(A) (Allach Sch 0) . THIS SECnON MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAl. TAX INFORMATION SHOULD BE DIRECTED TO: NAME COMPLETE MAILING ADDRESS Joel R. Zullin er 14 North Main Street, Suite 200 FIRM NAME (If Applicable) Zullin er Davis P.C. TELEPHONE NUMBER 717264-6029 Chambersbur PA 17201 I- Z W C Z o II. II) W 0: 0: o U z o j:: :5 ::) l- ii: c( o w ~ z o j:: ~ ::) a.. :Ii o o >< c( I- 1. Real Estate (Schedule A) (1) 2. Stocks and Bonds (Schedule B) (2) 3. Closely Held Corporation, Partnership or Sole-Proprietorship (3) 4. Mortgages & Notes Receivable (Schedule D) (4) 5. Cash, Bank Depos~ & Miscellaneous Personal Property (5) (Schedule E) 6. Jointly ONned Property (Schedule F) (6) D Separate Billing Requested 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (7) (Schedule G or L) 8. Total Gross Assets (total Lines 1-7) 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) 12. Net Value of Estate (Line 8 minus Line 11) 13. Charitable and Govemmental Bequests/See 9113 Trusts for which an election to tax has not been made (Schedule J) OFFICIf.LUSE ONLY ., 9,357.43 .. .-..J (8) 9,357.43 (11) (12) (13) 9,357.43 14. Net Value Subject to Tax (Line 12 minus Line 13) SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES (14) 9.357.43 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 (a)(1.2) 16. Amount of Line 14 taxable at lineal rate 17. Amount of Line 14 taxable at sibling rate 18. Amount of Line 14 taxable at collateral rate 19. Tax Due 9,357.43 X 0.00 (15) 0.00 X _(16) 0.00 X .12 (17) 0.00 X .15 (18) (19) 0.00 0.00 0.00 0.00 0.00 20. D CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT .~ .>:>' BEgURE TOANgWERAll QUESTIONS ON REVERSE SIDE AND RECHECK MATH < < Dl"'cedent's amp ete ress: STREET ADDRESS . 123 Cleversbura Road CITY I STATE I ZIP Shippensburg PA 17257 C Add Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount (1) 0.00 Total Credits (A + B + C) (2) 0.00 3. Interest/Penalty if applicable 0, Interest E. Penalty Total Interest/Penalty (D + E) (3) 4, If Line 2 is greater than Line 1 + Line 3, enter the difference, This is the OVERPAYMENT. Check box on Page 1 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. (5) A. Enter the interest on the tax due, (5A) B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (5B) Make Check AGENT 0.00 0.00 0.00 0.00 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 !XI b. retain the right to designate who shall use the property transferred or its income; ........................................ 0 !XI c. retain a reversionary interest; or ...................................................................................................... 0 !XI d. receive the promise for life of either payments, benefits or care? ............................................................. 0 !XI 2. If death occurred after December 12,1982, did decedent transfer property within one year of death without receiving adequate consideration?............................................................................................... 0 !XI 3. Did decedent own an 'in trustfor' or payable upon death bank account or security at his or her death? ................. 0 !XI 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? ..................... .................................................................................. 0 !XI IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. Under penalties of pe~ury,1 declare that I have examined this retum, includinQ 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. SI ATURE OF PERSON RESPONSIBLE FOR FILING RETURN DATE 5--3-07 PA 17257 DATE ~- 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 3% [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 0% [72 P.S. ~9116 (a) (1,1) (Ii)]. The statute does not exempt a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax retum 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 0% [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 4.5%, 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 12% [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-1503 EX + (6-98) 'W COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE B STOCKS & BONDS ESTATE OF Coffey Joyce L FILE NUMBER 21 06 All property jointly-owned with right of survivorship must be disclosed on Schedule F. 697 ITEM NUMBER 1. DESCRIPTION Vanguard Account #09866033021, consisting of 292.237 shares of Wellington Fund @32.02 per share VALUE AT DATE OF DEATH 9,357.43 TOTAL (Also enter on line 2, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 9.357.43 'EV-""~'_ COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF SCHEDULE J BENEFICIARIES FILE NUMBER r'nffQ\I .1, lVr.A I ?1 On AA7 RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE 1. TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 9116 (a) (1.2)] 1. Donald L. Coffey Spousal 123 Cleversburg Road entire estate Shippensburg, PA 17257 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18, AS APPROPRIATE, ON REV-1500 COVER SHEET ll. NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAXIS NOT BEING MADE 1. B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS 1. 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) . Vanguard' March 1, 2007 P.O. Box 2600 Valley Forge. PA 19482-2600 www.vanguard.com JOEL R ZULLlNGER ESQ 14 N MAIN ST SUITE 200 CHAMBERSBURG, PA 17201 Wellington Fund Inv 09866033021 Dear Mr. Zullinger: We are responding to your letter notifying us of the death of Joyce L. Coffey, and requesting a valuation of the above account. First, please accept our condolences for your loss. As of May 8, 2006, the number of shares, the price per share, the value of the fund, and the accrued dividends (if applicable) were as follows: Fund Shares Price Value Accrued Dividends $0.00 Wellington Fund Inv 292.237 $32.02 $9,357.43 If you have any questions or need further assistance, please contact a member of our Transition Specialist Team at 1-888-237-9045. We are available Monday through Friday from 8 a.m. to 8 p.m., Eastern time. Sincerely, Transition Specialist Team pgd 50812868 Vanguard Marketing Corporation, Distributor. ~ ~ k ~ JRZ- '5.1 -coffey.2 January 1.6, 2004 LAST WILL AND TESTAMENT I) C;o ;.~ :'IJ :': J ..:~::? ~;.~. ;.; in ") ~ '-":.') -.. ...., ....., 1~:.J ~~.~-' ~ ji ..: . :-. .~' . -'. en ~.=} t~ " ::..3 Q :Q .; ~':; ...... '_ -L- j' I, Joyce L. Coffey, of 1.23 Cleversburg Road,_~oappensburgr~5 . . .~ .." :.: ,r ~~:; ;~:~ Cumberland County, pennsylvania, being of sound and di6posi~mind; ,:' memory and understanding, do hereby declare this to be -my will~ hereby revoking any and all former wills and codicils thereto by me heretofore made. 1:. I direct that all my just debts and funeral expenses, including all expenses of my last illness, shall be paid from my estate as soon as practicable after my decease as a part of the expense of the administration of my estate. . II. _ I give, devise and bequeath the residue of my estate of.every nature and wherever situate to my husband, Donald E. Coffey, providing he shall survive me by thirty days. III. Should my husband predecease me or die on or before the thirtieth day following my death I give, devise and bequeath the Received Time Jun. 5. 8:55AM -< J ~ ~ residue of my estate of every nature and wherever situate to my children, namely Stephanie L. Coffey and Jennifer c. Amigh, in equal shares, provided that the share of any child who predeceases me or dies on or before the thirtieth day following my death shall be distributed to said beneficiary's issue, per stirpes, living on the thirty-first day following my death, and in default of any such then-living issue, such share shall be added to the share or shares of my other child. IV. In the event my husband, Donald E. Coffey, and both of my children, and all of their 'issue predecease me or die on or before the thirtieth day following my death, I give and devise the residue, of my estate of every nature and wherever situate as follows: A. Fifty percent thereof to my husband's sister, Bonnie Purcell, provided, however, should my said sister-in-law predecease me or die on or' before the thirty-first day . , following my death, her share shall be distributed to her issue, per stirpes, living on the thirty-first day following my death; B. Fifty percent thereof to be divided into six shares, with one equal share to my sister, Sylvania Negley, one equal share to my 'sister, Gloria Rueger, one equal share to my sister, Gladys Kammer, one equal share to my brother, Emory Shughart, one equal share to my brother, Nelson Page 2 R e c e i ve d Tim e J un. 5. 8: 55 AM K Shughart, and one equal share to the issue per stirpes of my deceased brother, Gabriel Shughart. v. In the event that anyone entitled to a share of my estate shall be under the age of twenty-three years at the time for distribution to such beneficiary, I constitute and appoint Orrstown Bank, with principal offices' in Shippe~sburg, Pennsylvania" as trustee of any property which passes either under this will or otherwis~ to said,beneficiary. Said trustee shall in the trustee's sole discretion 'and without order of court, use principal as well as income from time to time as may appear to be necessary for the beneficiary's welfare, comfort, medical care, recreation" support and education, without responsibility to the beneficiary or to any person taking care of the beneficiary; and ,the remaining balance in the hands of said trustee shall be distributed to said beneficiary when the beneficiary attains the age of twenty-tbree,years. If such ben~ficiary dies prior to attaining the age of twenty-three years, said trustee is authorized in the trustee's discretion to pay part or all of the beneficiary's funeral expenses and the remaining balance in the hands of said trustee shall be distributed to the beneficiary'S personal representative. In the event the funds held by the 'trustee for any benefici'ary become in the opinion of the trustee too small for proper and efficient administration, the trustee, in the trustee's sole discretion, may deposit such Page 3 Received Time Jun. 5. 8:55AM K funds in a savings account in the name of the beneficiary. VI. Any fiduciary under this will shall have the following powers in addition to those vested in them by law and by other provisions of my will applicable to all property whether principal or income, including property held for minors, exercisable without Court approval, and effective until actual distribution of all property: . A. To retain any and all of the asset.s of my estate, real or personal,. without regard to any principle of diversification of risk. B. To invest in all forms of property including stock, common trust funds and mortgage investment funds without restriction to investments authorized for pennsylvania fiduciaries as they deem proper, without regard to.any principle of diversification of risk. C. To sell .at public or private sale, to exchange or to lease for any period of ti~e any real or personal . property and to give options for sales, exchanges or leases, for such prices and upon such. terms or conditions as they deem proper. D. To allocate receipts and expenses to principal or income or partly to each as they from time to time think proper. E. TO comprom1se any claim or controversy. F. To distribute 1n cash or in kind or partly in each. Page 4: Received Time Jun. 5. 8:55AM ~ ~ ~ ~ ~ G. To hold property in their names without designation of any fiduciary capacity or in the name of a nominee or unregistered. VII. I direct that all taxes that may be assessed in consequence of my death of whatever nature and by whatever jurisdiction imposed, shall be paid from my residuary estate as a~art of the expense of the administration of my estate. VIIJ:. I appoint Stephanie L. Coffey and Jennifer C. Amigh, as ,co- executors of this my will. Should my children predecease me, fail to qualify or cease to act, I appoint Orrstown Bank with principal officas in Shippensburg, Pennsylvania, as executor of this my will. 'Ix. No bond shall be required of any fiduciary hereunder in any jurisdict.ion. IN WITNESS WHEREOF I I hereunto set my hand and seal to this my last will and testament, consisting of seven typewritten pages, the first five 'of which bear my signature in the margin fer the p:urpose Page 5 , Received Time Jun. 5. 8:55AM of identification this ..a..3 ~ay of 9""p",~ , 2 ()(Sr ~-'o ~ .....,:? A - '\ ~_ _ (SEAL] r! Signed, sealed, published and declared by the above-named testatrix as and for her last will and testament in our presence, who in her presence, at her request and in the presence of each other have hereunto set our hands as attesting witnesses. -L'L~' t' dj"''''- ~I ~~l4. j1:fJ Inrisly hI 41 ~ We, Joyce L. Coffey, -r~/~ the respectively, whose names are signed to the ...,...--;---." . , ~.../ -//"~ <'/ .....;.,... ..... ..,./ . ..I'~ ,,,," ,./'/.~' ..,..,,/ d " ,.,~".'./ ,.. " .n,"';;-,' '''.1 an , ) y the witnesses testatrix and 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 testament 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 said testatrix, signed the will as witnesses and to the best of their knowledge, said signer was at that time eighteen years of age Page 6 Received Time Jun. 5. 8:55AM or older, of sound mind and under no constraint or undue influence. subscribed, sworn to and acknowledged before me by the above-named signer and subscribed and sworn to before me by the above-named witnesses this ~~day of /J;d~Y · ~ . ~ ,,/.---.., , /~- ,- /~ ~M'~ .~ Notary,/Public I~' =.:!~::;?:;~~, ~";;;: -I ~~~::-.. ~",,,,,,,,,,,,~~s., l...w,C'. ."':':I.~[:n Co~rH. ; :.::2- C ~IM'I!;SlCn Ex~'tce t~E:V ~... ""t!~ ~ , ~-.....' . .. . . ~-:-~ ~\,.- '-::I Page '7 Received Time Jun. 5. 8:55AM LAW OFFICES OF ZULLINGER - DAVIS PROFESSIONAL CORPORA nON JOEL R. ZULLINGER 14 North Main Street Suite 200 Chambersburg, P A 17201 717-264-6029 Fax: 717-264-1884 JoelZullinger@zullingerlaw.com Dale F. Shughart, Jr. of counsel HAMILTON c. DAVIS 20 East Burd Street, Suite 6 P.O. Box 40 Shippensburg, P A 17257 717-532-5713 Fax: 717-530-5222 hamiltondavislaw@comcast.net June 4, 2007 Register of Wills Cumberland County Courthouse Carlisle, P A 17013 Dear Register: RE: Estate of Joyce L. Coffey File No. 21-06-6697 Enclosed for filing in your office is an original and one copy of the P A Inheritance Tax Return along with check in the amount of $15.00 for filing fee for the above estate. Thank you. ~ZR~~ : (!t R ZullingttJ ~ U Encls. " \ ~ : \ -~ f 'l\i~~S ( · "LOW ij ; c; ~ g ~~(\1 J , It 0 :::l ~ !.. -" ll. -;_ It~'~~! ~ ~} ~~::! ~ ~ NO< II '--.... o 0.... NO Q)N ~r- ~.... 00<. ~a.. ... 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