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Home My WebLink About06-29-07 --.J 15[]56[]41114 REV-1500 EX (06-05) OFFICIAL USE ONLY County Code Year File Number PA Department of Revenue Bureau of Individual Taxes PO BOX 280601 Hanisburg, PA 17128-0601 ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death INHERITANCE TAX RETURN RESIDENT DECEDENT ;1./ 01 03L\ l Date of Birth 279-26-0586 Decedenrs Last Name 03192007 Suffix Decedent's First Name MI MEYER SR JOSEPH J (If Applicable) Enter Surviving Spouse's Infonnatlon Below Spouse's Last Name Suffix Spouse's First Name MI Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WillS FILL IN APPROPRIATE OVALS BELOW m 1. Original Return D 2. Supplemental Return D 3. Remainder Return (date of death prior to 12-13-82) D 4. Umited Estate D 48. Future Interest Compromise (date of D 5. Federal Estate Tax Return Required death after 12-12-82) m 8. Decedent Died Testate D 7. Dec:edent Maintained a Living Trust 0 8. Total Number of Safe Deposit Boxes (Attach Copy of Will) (Attach Copy of Trust) D 9. Litigation Proc:eeda Received D 10. Spousal poverty Credit (date of death D 11. Election to tax under Sec. 9113(A) between 12-31-91 and 1-1-95) (Attach Sch. 0) CORRESPONDENT - THIS SECTlON MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number ROBERT G. FREY Firm Name (If Applicable) 717-243-5838 City or Post Office State ZIP Code f') REGISTE~ WILLS us Y ,.- ...... ';7 g c.... i:iS -0 c: "<1 :r:: (") % ~25> Fn N ""-.: ::0 \D Cf)7' ()8~ ~ be = D' ~D .. N ::n - f"" ~ (~) J J .;:::) ;~~~ ::x; c::> c>o -n -r'w, ~_ -n ~7~~ C? C) .'T1 FREY & TILEY First line of address 5 SOUTH HANOVER STREET Second line of address CARLISLE PA 17013 ADDRESS 5 SOUTH HANOVER STREET, PA 17112 DATE 06/25/07 Side 1 L 15056041114 15056041114 --.J ~ 15056042115 REV-1500 EX Decedent'sName: JOSEPH J MEYER SR RECAPITULATION 1. Real estate (Schedule A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2. Stocks and Bonds (Schedule B) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C) . . . . . 4. Mortgages & Notes Receivable (Schedule D) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) . . . . . . . . 6. Jointly Owned Property (Schedule F) D5eparate Billing Requested . . . . . . . . 7. Inter-VIVos Transfers & Miscellaneous Non-Probate Property (Schedule G) DSeparate Billing Requested. . . . . . . . 8. Total Groes Assets (total Lines 1-7) .. . . . . . . . . . . . . . . . . . .. . .. . . . . . . . .. . Decedenfs Social Security Number 279-26-0586 1. NONE 2. 3. NONE 4. NONE 5. 6. 7. 8. 9. 13679.44 0.00 63317.00 0.00 76996.44 9. Funeral Expenses & Administrative Costs (Schedule H) . . . . . . . . . . . . . . . . . . . . 4971.00 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) . . . . . . . . . . . . . . . 10. NONE 11. Total Deductions (total Lines 9 & 10) . .. . .. . . . . . . . . . . . . . . . . . .. . . . . . . . . 11. 12. Net Value of Estate (Line 8 minus Line 11) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12. 13. Charitable and Govemmental 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 See. 9116 (a)(1.2) X.O 0 16. Amount of Line 14 taxable at lineal rate X .0 ~ 17. Amount of Line 14 taxable at sibling rate X . 12 18. Amount of Line 14 taxable at collateral rate X . 15 72025.44 16. 19. TAX DUE. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19. 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT Side 2 L 15056042115 15. 17. 18. 15056042115 4971. 00 72025.44 0.00 72025.44 0.00 3241. 00 0.00 0.00 3241. 00 D ~ REV-1500 EX Page 3 279-26-0586 Decedent's Complete Address: File Number 21-07-0341 DECEDENrS NAME DECEDENrS SOCIAL SECURITY NUMBER JOSEPH J MEYER SR 279-26-0586 STREET ADDRESS 1351 OLD WILLOW MILL ROAD CITY Ii STATE I.ZIP MECHANICSBURG PA 17050 Tax Payments and Credits: 1. Tax Due (Page 2 Line 19) 2. CreditslPayments A. Spousal Poverty Credit B. Prior Payments C. Discount (1) 3241.00 2500.00 125.00 Total Credits (A + B + C ) (2) 2625.00 3. InterestlPenalty if applicable D. Interest E. Penalty TotallnterestlPenalty ( 0 + E ) (3) 4. If Line 2 is greater than Une 1 + Une 3, enter the difference. This is the OVERPAYMENT. Filii" oval on Page 2, Une 20 to request a refund. (4) 0.00 0.00 5. If Line 1 + Line 3 is greater than Une 2, enter the difference. This is the TAX DUE. A. Enter the interest on the tax due. (5) (SA) 616.00 8. Enter the total of Une 5 + SA. This is the BALANCE DUE. (58) Make Check Payable to: REGISTER OF WILLS, AGENT 616.00 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 00 b. retain the right to designate who shall use the property transferred or its income; . . . . . . . . . . . . . . .. 0 00 c. retain a reversionary interest; or . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 0 00 d. receive the promise for life of either payments, benefits or care? . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 0 00 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 0 00 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? .. 0 00 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 00 0 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) 0)). 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 (O) percent [72 P:5. ~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 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 (O) percent [72 P.5. ~9116(a}(1.2}]. The tax rate imposed on the net value of transfers to or for the use of the decedenfs lineal beneficiaries is four and one-half (4.5) percent, except as noted in 72 P .5. ~9116(1.2} [72 P .5. ~9116(a}(1 }]. The tax rate imposed on the net value of transfers to or for the use of the decedenrs 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. 217 REV-l503 EX+ (6-98) COMMONWEALTH OF PENNSYlVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT S.QHEiSUl,a B . '. stocKS & BONDS ESTATE OF FILE NUMBER All property jolntly-owned with right of survivorship must be disclosed on Schedule F. ITEM NUMBER 1, DESCRIPTION Manulife Financial, 404 shares; Per share: 34.02 high, 33.7 low, 33.86 average VALUE AT DATE OF DEATH 13,679 TOTAL (Also enter on line 2 RecaDitulation\ $ (If more space is needed, insert additional sheets of the same size) 13679 217 REV-1508 EX+ (8-98) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF SCHEDULE E CASH, BANK DEPOSitS, & MISC. PERSONAL PROPERTY FILE NUMBER ITEM NUMBER Include the proceeds of litigation and the date the proceeds were received by the estate. All 'ointlv-owned with r1aht of survlvorshln must be disclosed on Schedule F. DESCRIPTION VAlUE AT DATE OF DEATH TOTAL (Also enter on line 5, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 217 REV-1509 EX+ (8-98) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT seHEDULE F JOINTL Y-OWN~O PROPERTY ESTATE OF FILE NUMBER If an asset was made joint within one year of the decedent. date of death, It must be reported on Schedule G. SURVIVING JOINT TENANT(S) NAME ADDRESS RELATIONSHIP TO DECEDENT A. Barbara J. Hammaker 2317 Hummingbird Lane Linglestown. PA 1712 Daughter B. 217 REV-1511 EX + (12-99) COMMONWEALTH OF PENNSYlVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS ESTATE OF FILE NUMBER ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1. B. ADMINISTRATIVE COSTS: 1. Personal RepI9I8Iltative's Commissions Name of Personal RepI9I8Iltative (s) Social Security Number(s) I EIN Number of Personal Representative(s) Street Address City State Zip Year(s) Commission Paid: 2. AttDmey Fees 1,500 3. Family Exemption: (If decedenfs address is not the same as claimants, attach explanation) Claimant Bonnie L. Fisher StreetAddress 1351 Old Willow Mill Road City MechanicsbufQ State PA Zip 17050 Relationship of Claimant to Decedent DauQhter 3,000 4. Probate Fees 302 5. Accountants Fees 6. Tax Retum Preparer's Fees 7. Final medical bill: Spirit Physician Services 154 8. Filing fee: Inheritance tax return 15 TOTAL {Also enter on line 9 Recaoitulation\ s 4971 Debts of decedent must be reported on Schedule I. (If more space is needed, insert additional sheets of the same size) 217 REV-1513 EX+ (9-00) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF SCHEDULE J BENEFICIARIES FILE NUMBER JOSEPH J MEYER SR 21-07-0341 RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEMNG PROPERTY Do Not LIst TrustH(s) OF ESTATE I. TAXABLE DISTRIBUTIONS pnclude outright spousal distributions, and transfers under See. 9116 (a) (1.2)] 1 Bonnie Fisher Daughter 20% of remainder 2 Barbara Hammaker Daughter 20010 of remainder 3 Betty Britton Daughter 20% of remainder 4 Dennis Meyer Son 20% of remainder 5. Jerry Meyer Son 20% of remainder 6. Grandchildren as on attached list Grandchildren $250 to each 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 N1A B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS N1A TOTAL OF PART II - 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) o/.~ '''t GRANDCHILDREN: VANESSA DA ITOLI 4519 ROLO COURT MECHANICSBURG PA 17055 TAMMY SMITH 1102 VINE STREET MIDDLETOWN PA 17057 BOBBI HAMMAKER 5226 CRESTWOOD DRIVE HARRISBURG PA 17109 LESTER HAMMAKER, III 2317 HUMMINGBIRD LANE HARRISBURG PA 17112 NINA HAMMAKER 2317 HUMMINGBIRD LANE HARRISBURG PA 17112 JOSEPH BEASOM 816 PINTAIL DRIVE NEWPORT PA 17074 CHRISTOPHER BEASOM 105 E COLUMBIA DRIVE ENOLA PA 17025 Dennis Meyer, Jr. c/o Dennis Meyer, Sr. 22 Sunset Drive Mechanicsburg, PA 17050 ERIN BARRICK 951 N MIDDLETON ROAD CARLISLE PA 17013 CASEY MEYER 25 SUNSET DRIVE MECHANICSBURG PA 17050 COURTNEY MEYER 25 SUNSET DRIVE MECHANICSBURG PA 17050 CASEY FAZZOLARI 6111 PINE STREET HARRISBURG PA 17112 ANGELA WEISER 7073 CARLISLE PIKE LOT 147 CARLISLE PA 17015 ROBERT WALTERS 22 SUNSET DRIVE MECHANICSBURG PA 17050 ERINE VOZZELI 8 ORANGE STREET MOUNT HOLLY SPRINGS PA 17065 WSJ.com Stock Charting for MFC 06/07/200704:35 PM Date 3/19/07 Price High 34.02 (NYSE) U.S. Dollar Low Volume 33.7 790,000 36 35 34 33 2 Wonth (Daily) @8igCharU,eom 33.91 No Splits Mar' Get another quote any day after 1/2/1970 1 mo 2mo 3mo 6mo 1:l!r ~ ~ 1/211970 ,'mm' Date: I~L!~L~?n f,:e~ri Symbol: ! },..., Copyright Q 1999-2007 BioCharts.com Inc. All rights reserved. Please see our Terms of Use. Historical and current end-of-day data provided by FT Interactive Data. N ;--1 \! " r' .1 t C1 ,..I. ~ I ' c ETF Trader Copyright C 2007 Dow Jones & Company, Inc. All Rights Reserved http://www.bigcharts.com/custom/wsjie /wsjbb-historical.asp?symb-MFC&sid= 8630&close_date- 3/19/ 07 Page 1 of 1 APR-26-200'7 16:50 PNCBANK 412 768 3458 p.el/01 ",. o PNCBAN< April 26. 2007 Robert G. Frey 5 South Hanover Street Carlisle, PA 17013 RE: Estate of Joseph J. Meyer. Sr., deceased SSN: 279-26..0586 noD: 3/19/2007 Doat Mr. Prey; In response to your request for Date of Death balmce. for the customer noted above, our reeordl.how me folloWina: ClleddDg ACC01Iat Account ##5080026608 Eatablilhed 0811311993 JOSEPH J MEYER OR BARBARA J HAMMAKBR DOD balance: 14,509.53 + SO.OO accrued inteRSt The decedent Dintaincd Crodit Line Account (ReA *4003048001771764). For fUrtber information. plcue calI1-888-762-226S. Select option 1. thaa option 3. and then 0 (zero). Arter pressing Z'M'O, please remain on the line to speak to a loin Service ReprtlCDtativCl. (We do _ ha.e aceeA to Lo.alDlonutlon, Y.8 mast contact tu Lo.. Ana at tile above ....... for farall.. .........). Please note that this office only prvvidea daw of death balancea for cIepoIit accounts (1RA5, CDs, Checking and. Savinp KCOUIltS). We" lIot pnceu My .udal trlUlSaetIoDS or proYlth ............ If you need ....istance with any ot these items, please: caJlI-888.PNC-BANK (1-888-762-2265) or stop by your local PNC Bank branch office. ~~. IlacheUe Welts 1-800-762-1775 P7-PFSC-04-F 500 fttsI Ave. Phuburp PA 15219 Mcmtlcr FDIC TOTAL. p.et April 23, 2007 Commerce eBank Frey & Tiley Attorney's-At-Law 5 South Hanover St Carlisle, PA 17013 RE: Estate of: Joseph J Meyer, Sr Tax Identification Number: 279-26-0586 Date of Death: March 19, 2007 Dear Sirs: This letter is in reference to decedent account information you requested for the individual listed above. We are able to provide the following: Account Type: Checking Account Number: 536993736 Date Opened: 07/07/05 Primary Owner: BARBARA J HAMMAKER Date of Death Balance: 49,339.40 Accrued Interest: 5.08 Principal Balance: 49,334.32 Account Type: Time Deposit Account Number: 26033 Date Opened: 06/07/05 Primary Owner: JOSEPH JR MEYER Date of Death Balance: 72,784.05 Accrued Interest: 128.84 Principal Balance: 72,655.21 Please feel free to contact me at (717) 412-6134 if I may be of further assistance. Sincerely, ~ rc&~ ~ Beverly Bunnell Day2 Specialist/Deposit Services Commerce Bank Commerce Bank I Harrisburg, NA PO Box 4999 3801 Paxton Street Harrisburg, PA 17111-0999 commercepc.com LAST WILL AND TESTAMENT OF JOSEPH J. MEYER, SR. I. JOSEPH J. MEYER, SR., widower, of Silver Spring Township, Cumberland County, Pennsylvania, (mailing address: 22 Sunset Drive, Mechanicsburg, PA 17055), being of sound and disposing mind, memory, and understanding, do hereby make, publish, and declare this as and for my Last Will and Testament, hereby revoking and making void any and all Wills by me at any time heretofore made. 1. I declare that I am currently a widower, and that I have five (5) children. BONNIE FISHER, BARBARA HAMMAKER, BETTY BRITrON" DENNIS MEYER and JERRY MEYER. I further declare that I had one son, JOSEPH MEYER, who predeceased me. 2. I give and bequeath the following: (a) To my daughter, BETTY BRITTON all medals and personal items pertaining to my deceased son, Joseph, the picture that lights up in my room, and her VCR and Microwave that she loaned to me. (b) To my son, DENNIS MEYER, my 4O-foot ladder. (c) To my son, JERRY MEYER, my tractorllawnmower. (c) To my daughter, BONNIE FISHER, my clock radio. (d) To my daughter, BARBARA HAMMAKER the old chair that I had kept in the comer of the dining room, and my Television Set. (e) To my grandson, CASEY MEYER, my moped. (f) To my granddaughter ERIN MEYER, the picture of my wife and me on QUf wedding day. (g) To my sister, MARGIE JORGENSEN, the picture of my wife and me on the front porch that I have hung in the hall of my home. 4. I give, and bequeath the sum of $250.00 to each of my grandchildren. At the present time I have 15 grandchildren. 5. ShoUld any of the persons to whom I have given a bequest in paragraph three (3) and four (4) above predecease me, then in such event, the share that person would otherwise have received shall lapse and be added to the residue of my estate. 6. I give and bequeath all of my household items and personal property located at my residence to my five (5) children, but should any child of mine predecease me, then the share that they would otherwise have received sha111apse and be added to the remaining share or shares. I direct my Executrix to schedule a time within thirty (30) days after the date of my death when all of my children can meet at my residence to divide the personal property. At that time my children shall draw lots to determine the order of picking property, and, thereafter, each child shall have a turn to select one (1) item of personal property. The same order of choosing shall continue until there no longer are items that any child of mine is interested in having 7. At the same time that my children have gathered to select the personal property, I direct my Executrix to have a disinterested third-party conduct a private auction of the real estate owned by me at the time of death, said auction to be limited to my children who have survived me. I direct that the real estate owned by me be sold to the highest bidder of my children provided that final settlement on the purchase shall be no later than sixty (60) days after the date of my death. Should no child of mine be interested in purchasing the real estate owned by me at the time of my death, or should settlement fail to occur within sixty (60) days from the date of my death, then in such Pag~ 1 00 !r&'m, event I direct that my Executrix make arrangements for the sale of said real estate at public or private sale in my Executrix's discretion. 8. All the rest, residue, and remainder of my estate, real, personal, or mixed, and wheresoever the same may be situate, I give, devise, and bequeath in equal shares to such of my children as shall survive me by a period of sixty (60) days. Should any child of mine predecease me or fail to survive me by a period of sixty (60) days, the share that child would otherwise have received shall pass to his or her issue per stirpes, and if there be no such issue such share shall lapse and be added to the remaining share?r shares. 9. Should any person less than 21 years of age be entitled to distribution from my estate, in such event the share that person would otherwise have received shall be paid to my hereinafter named Executrix, in trust. I authorize the herein named trustee to receive and invest the same, and to pay the income arising therefrom, together with so much of the principal thereof as in her opinion is necessary or desirable to be expended for the proper maintenance, support, and education of such person, to or for the benefit of such person, and upon such person attaining 21 years of age to pay to him or her the then remaining principal together with any undistributed income. 10. I hereby nominate, constitute, and appoint my daughter, BARBARA HAMMAKER, as Executrix of this my Last Will and Testament, but should she predecease me or fail to qualify as such, then in such event I nominate, constitute and appoint my daughter, BONNIE FISHER as Executrix and I further direct that neither of them shall be required to post any bond to secure the faithful performance of her duties in the Commonwealth of Pennsylvania or in any other jurisdiction. . 11. In addition to the powers conferred by law, my herein named Executors and Trustees are empowered: a. To invest any part of the trust corpus in such securities, investments, or other property as maybe deemed advisable and proper, irrespective of whether the same are authOrized for the investment of trust fundS under the laws of any governing jurisdiction. b. With respect to any corporation, the stocks, bonds, or other securities of which may be held, to vote in person or by proxy on any shares of stock; to consent to the merger, consolidation or reorganization of such corporations; to consent to the leasing, mortgaging, or sale of the property of any such corporations; to make any surrender, exchange or substitution of such stocks, bonds, or other securities as an incident to the merger, consolidation or reorganization of such corporations; to pay all assessments, subscriptions and other sums of money which may be deemed wise and expedient for the protection and maintenance of the proportionate interest of the investment in such corporations; to exercise any option or privilege which may be conferred upon the holders of such stocks, bonds, or other securities of such corporations either for the conversion of the same into other securities or for the purchase of additional securities, and to make any and all necessary payments which may be required in connection therewith; and generally to have and exercise as to all such stocks, bonds, and other securities, the powers of an individual owner who is under trust obligation. . c. To hold the trust corpus in one or more consolidated funds in which separate shares shall have undivided interests. d. To sell at public or private sale for cash or upon credit, or partly for cash and partly on credit, and upon such terms and conditions as shall be deemed proper, any part or parts of the trust estate, and no purchaser at any such sale shall be bound to inquire into the expediency or propriety of any such sale or to see to the application of the purchase money arising therefrom. e. To keep on hand and uninvested such moneys as may be deemed proper and for such period as may be found expedient. 99~ Pare 2 of3 f. To compromise, settle, or arbitrate any claim or demand in favor of or against the trust estate. g. And authorized in the discharge of fiduciary duties, to employ counsel and to determine and to pay such counsel reasonable compensation which shall be charged against the principal or income of the trust fund, and shall further be entitled to charge against the principal or income such other reasonable expenses and charges as may be necessary and proper to incur for the proper discharge of fiduciary duties and for the proper management and administration of the trust estate. h. In making any division of property into "shares for the purpose of any distribution thereof directed by the provisions of the trust, to make such division or distribution, either in cash or in kind, Or partly in cash and partly in kind, as shall be deemed most expedient, and in making any division or distribution in kind may allot any specific security or property or any undivided interest therein to anyone or more of such shares, and to that end may appraise any or all of the property so to be allotted and the judgment as to the propriety of such allotment and as to the relative value for purposes of distribution of the securities or property so allotted shall be final and conclusive upon all persons interested in the trust or in the division or distribution thereof. IN WITNEss WHEREoF, on this page 3 pages, I have hereunto set my hand and seal to this my Last Will and Testament written this { ~ fl.... day of August, 2004. ~-t. rU'fii'~re-1- I (SEAL) EPH t. ME , SR. Signed, sealed, published and declared, by JOSEPH J. MEYER, SR., the Testator above named, as and. for his Last Will and Testament, in our presence, who, in his presence, at his ~~;'~_'f_~':~-4'~-'~ ~dc-e- Page] of3