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D 2. Supplemental Retum D 3. Remainder Retum (date of death
prior to 12-13-82)
D 4a. Future Interest Compromise D 5. Federal Estate Tax Retum Required
(dale of death after 12-12-82)
00 7. Deceden1 Maintained a Living Trust 0 8. Total Number of Safe Deposit Boxes
(AIIach Copy of Trust)
D 10 Spousal Pove~ Credit (dale of death D 11.Election to tax under Sec. 9113(A)
. b8Iween 12-31- 1 and 1-1-95) (Attach Sch. 0)
'"
.
---.J
l5D5bDlflllf7
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
County Code Year
INHERITANCE TAX RETURN -{
RESIDENT DECEDENT 2 1 0'{)
Date of Birth
203102986
10142006
08311916
Decedenfs Last Name
Suffix
Decedent's First Name
LOVE
GLENN
(If Applicable) Enter Surviving Spouse's Information Below
Spouse's Last Name
Suffix
Spouse's First Name
Spouse's Social Security Number
THIS RETURN MUST BE FILED IN DUPLICATE WITH THE
REGISTER OF WILLS
FILL IN APPROPRIATE OVALS BELOW
I!J 1. Original Retum
00 4. Limited Estate
D
D
6. Decedent Died Testate
(AIIach Copy of Will)
9. Litigation Proceeds Received
File Number
b -;;Ja-3
MI
E
MI
~ORRESPONDENT - THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO:
ame Daytime Telephone Number
RICHARD L. WEBBER, JR. ESQUIRE 7175327388
Firm Name (If Applicable)
WEIGLE & ASSOCIATES, P.C.
REGISTER OF WILLS USE ONLY
First line of address
(")
~~
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D
126 EAST KING STREET
Second line of address
City or Post Office
SHIPPENSBURG
State
PA
ZIP Code
17257
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Correspondent's e-mail address:weigleattywebber@earthlink.net
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 persona] representative is based on all information of which preparer has any knoWledge.
SIGNATURE OF PERSON RESPONSIBLE FOR FILING RETURN DATE
Y ~~ e ;L,~ Walter E. Love 711110?
ADDRESS
Richard L. Webber, Jr. Esquire
126 East King Street, Shippensburg, PA 17257
Side 1
L
l5D5bDlflallf7
l5D5bDlflllf7
DATE
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15D5bD&f21&f1l
REV-1500 EX
DecedenI'sName: Glenn E. Love
Decedent's Social Security Number
203102986
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) D Separate Billing Requested .............
7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property
(Schedule G) D Separate Billing Requested.............
8. Total Gross Assets (total Lines 1-7).......................................................................
9. Funeral Expenses & Administrative Costs (Schedule H) .........................................
10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I)................................
11. Total Deductions (total Lines 9 & 10)......................................................................
12. Net Value of Estate (Line 8 minus Line 11).............................................................
13. Charitable and Governmental BequestslSec 9113 Trusts for which
an election to tax has not been made (Schedule J).................................................
14. Net Value Subject to Tax (Line 12 minus Line 13).................................................
TAX COMPUTATION. SEE INSTRUCTIONS FOR APPLICABLE RATES
15. Amount of Line 14 taxable
at the spousal tax rate, of
transfers under Sec. 9116
(a)(1.2) X .00
16. Amount of Line 14 taxable
at lineal rate X .045
17. Amount of Line 14 taxable
at sibling rate X .12
18. Amount of Line 14 taxable
at collateral rate X .15
0.00
0.00
12.50
153,717.55
19. Tax Due.... ................................... ................................ ........... ..................... .............. 19.
20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT.
Side 2
L
15D5bD&f21&f1l
1.
2.
3.
4.
5. 1,699.56
6. 12.50
7. 400,099.68
8. 401,811.74
9. 6,660.00
10. 10,845.39
11. 17,505.39
12. 384,306.35
13. 230,576.30
14. 153,730.05
15.
o . 00
o . 00
16.
17.
1.50
23,057.63
23,059.13
18.
D
15D5bD&f21&f1l
-.J
,
REV-1500 EX Page 3
Decedent's Complete Address:
DECEDENrs NAME
Glenn E. love
STREET ADDRESS
207 Todd Circle
File Number 21-06-
CITY
Carlisle
I STATE
PA
IZIP
17013
Tax Payments and Credits:
1. Tax Due (Page 1 Line 19)
2. CreditslPayments
A. Spousal Poverty Credit
8. Prior Payments
C. Discount
(1 )
23,059.13
0.00
3. InterestJPenalty if applicable
D. Interest
E. Penalty
Total Credits (A + 8 + C)
(2)
0.00
Total Interest/Penalty (D + E)
4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT.
Check box on Page 2 Line 20 to request a refund
5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE.
A. Enter the interest on the tax due.
8. Enter the total of Line 5 + 5A. This is the BALANCE DUE.
(3)
(4)
(5)
(5A)
(58)
23,059.13
23,059.13
Make Check Payable to: REGISTER OF WILLS, AGENT
PLEASE ANSWER THE FOllOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS
D ~
3. Did decedent own an .in trust for" or payable upon death bank account or security at his or her death? ......... ~ D
4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property whidl
contains a beneficiary designation? ...................................................................................................................... ~ D
IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN.
1. Did decedent make a transfer and:
a. retain the use or income of the property transferred;..................................................................................
b. retain the right to designate who shall use the property transferred or its income; ....................................
c. retain a reversionary interest; or..................................................................................................................
d. receive the promise for life of either payments, benefits or care? ..............................................................
2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without
receiving adequate consideration?... ........ ............................................. ..................... .................... .....................
Yes
No
~ D
~ B
~ D
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 disdosure 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 decedenfs 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.
__ J
,
RllY-1508 EX+ (6-98)
*'
SCHEDULE E
CASH, BANK DEPOSITS, & MISC.
PERSONAL PROPERTY
COMMONWEALTH OF PENNSYlVANIA
INHERITANCE TAX RET\JRN
RESIDENT DECEDENT
Love, Glenn E.
FILE NUMBER
21-06-
ESTATE OF
Include the proceeds of Inigation and the date the proceeds were received by the estate.
All property jolntly-owned with the right of .urvlvonlhlp mum be dlllc:IOlI8d on IIChedule F.
ITEM VALUE AT DATE
NUMBER DESCRIPTION OF DEATH
1 AAA - Refund 6.26
2 Comcast - Refund 58.03
3 Cumberland County - Burial Allowance 100.00
4 Encompass Insurance - Refund of auto insurance 203.50
5 Miscellaneous - Refund 40.00
6 United Church of Christ Home - Refund 1.291.77
TOTAL (Also enter on Line 5, Recapitulation)
1.699.56
(If more space is needed, additional pages of the same size)
Copyright (c) 2002 form software only The Lackner Group, Inc.
Form PA-1500 Schedule E (Rev. 6-98)
.
, Rev-1509 EX+ (6-98)
*'
SCHEDULE F
JOINTL V-OWNED PROPERTY
COMMONWEAlll'i OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
Love, Glenn E.
FILE NUMBER
21-06-
If an __ _ made Joint within ona year of the decedent'a date of daalh, it muat be l'lIllOf\8d on achedule G.
SURVIVING JOINT TENANT(S) NAME
A. Walter E. Love
ADDRESS
RELATIONSHIP TO DECEDENT
10960 Spring Ridge Road
Shippensburg, PA 17257
Brother
B.
C.
JOINTLY OWNED PROPERTY:
LETTER DATE DESCRIPTION OF PROPERTY %OF DATE OF DEATH
ITEM FOR JOINT MADE INCLUDE NAME OF FINANCIAl INSTITUTION AND BANK ACCOUNT DATE OF DEATH DECD'S VAlUE OF
NUMBER TENANT JOINT NUMBER OR SIMILAR IDENTIFYING NUMBER. ATTACH DEED FOR VALUE OF ASSET INTEREST DECEDENT'S INTEREST
JOiNTlY-HELD REAl ESTATE.
1 Members 1st Federal Credit Union 25.00 50.000% 12.50
Regular Saving Account #250602-00
TOTAL (Also enter on line 6, Recapitulation) 12.50
(If more space is needed, additional pages of the same size)
Copyright (c) 2002 form software only The Lackner Group, Inc.
Form PA-1500 Schedule F (Rev. 6-98)
. Rev-151D EX+ (6-98)
*'
SCHEDULE G
INTER-VIVOS TRANSFERS &
MISC. NON-PROBATE PROPERTY
COMM~ TH OF PENNSYLVANIA
INHERITANCE TAX RElURN
RESIDENT DECEDENT
ESTATE OF
Love, Glenn E.
FILE NUMBER
21-06-
This schedule must be completed and filed if the answer to any of questions 1 through 4 on the TeVlll'Sl! side of the REV-1500 COVER SHEET is yes.
ITEM I IUN OF T DATE OF DEATH % OF DECO'S EXCLUSION TAXABLE
NUMBER INCLUDE NAME OF TRANSFEREE, THEIR RELATIONSHIP TO DECEDENT AND VALUE OF ASSET INTEREST (IF APPLICABLE) VALUE
THE DATE OF TRANSFER. ATTACH A COPY OF THE DEED FOR REAL ESTATE.
1 Members 1st Federal Credit Union Certificate of 364,071.79 100.000 364,071.79
Deposit #50354-40
2 Members 1st Federal Credit Union Checking 823.70 823.70
Account #50354-11
3 Members 1st Federal Credit Union Investment 30,914.07 100.000 30,914.07
Savings Account #05354-05
4 Members 1st Federal Credit Union Life Savings 4,001.42 100.000 4.001.42
Account #50354-04
5 Members 1st Federal Credit Union Regular 288.70 100.000 288.70
Savings Account #50354-00
TOTAL (Also enter on Line 7, Recapitulation) 400,099.68
(If more space is needed, additional pages of the same size)
Copyright (c) 2002 form software only The Lackner Group, Inc.
Form PA-1500 Schedule G (Rev. 6-98)
. REV-1151 EX+ (12-89)
*'
SCHEDULE H
FUNERAL EXPENSES &
ADMINISTRATIVE COSTS
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
Love, Glenn E.
Debts of decedent must be reported on Schedule I.
I FILE NUMBER
21-06-
ESTATE OF
ITEM
NUMBER
A. FUNERAL EXPENSES:
DESCRIPTION
AMOUNT
B.
1.
ADMINISTRATIVE COSTS:
Personal Representative's Commissions
Walter E. Love
Social Security Number(s) I EIN Number of Personal Representative(s):
196-14-2074
Street Address 10960 Spring Ridge Road
City Shippensburg State
Year(s) Commission paid 2007
See continuation schedule(s) attached
PA
Zip 17257
4,000.00
2.
Attorney's Fees
See continuation schedule(s) attached
3. Family Exemption: (If decedenfs address is not the same as daimant's, attach explanation)
Claimant
2,500.00
Street Address
City
Relationship of Claimant to Decedent
State
Zip
4. Probate Fees
5. Accountant's Fees
6. Tax Return Preparer's Fees
7.
Other Administrative Costs
See continuation schedule(s) attached
160.00
TOTAL (Also enter on line 9, Recapitulation)
6,660.00
Copyright (c) 2002 form software only The Lackner Group, Inc.
Form PA-1500 Schedule H (Rev. 6-98)
. Rlw-1502 EX+ (6-98)
*'
SCHEDULE H-B1
PERSONAL REPRESENTATIVE'S
COMMISSIONS
continued
COMMONWEAL 1H 01' PENNSYlVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
Love, Glenn E.
FILE NUMBER
21-06-
ESTATE OF
ITEM
NUMBER
DESCRIPTION
AMOUNT
1
Walter E. Love, Trustee
4.000.00
Subtotal
4.000.00
Copyright (c) 2002 form software only The Lackner Group, Inc.
Form PA.1500 Schedule H-B1 (Rev. 6-98)
. Rev.1502 EX+ (6-98)
*'
SCHEDULE H-B2
ATTORNEY'S FEES
continued
COMMONWEALTH OF PENNSYlVANIA
INHERITANCE TAX RElURN
RESIDENT DECEDENT
ESTATE OF
Love, Glenn E.
FILE NUMBER
21-06-
ITEM
NUMBER
DESCRIPTION
AMOUNT
1
Weigle & Associates, P.C.
2.500.00
Subtotal
2.500.00
Copyright (c) 2002 form software only The Lackner Group, Inc.
Form PA.1500 Schedule H-B2 (Rev. 6-98)
. Rev-1502 EX+ (6-98)
*'
SCHEDULE H.87
OTHER
ADMINISTRATIVE COSTS
continued
COMMONWEAL 1H OF PENNSYLVANIA
INHERITANCE TAX RElURN
RESIDENT DECEDENT
ESTATE OF
Love, Glenn E.
FILE NUMBER
21-06-
ITEM
NUMBER
DESCRIPTION
AMOUNT
1
Cornelius Kuntz - Preparation of 2006 income tax returns
145.00
2
Cumberland County Register of Wills - Filing fee for inheritance tax return
15.00
Subtotal
160.00
Copyright (c) 2002 form software only The Lackner Group, Inc.
Form PA.1500 Schedule H-B7 (Rev. 6-98)
. Rev-1512 EX+ (&-98)
*'
SCHEDULE I
DEBTS OF DECEDENT,
MORTGAGE LIABILITIES, & LIENS
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
Love, Glenn E.
FILE NUMBER
21-06-
ESTATE OF
Include unrelmbursed medicel expe_.
ITEM
NUMBER DESCRIPTION
1 Comcast
VALUE AT DATE
OF DEATH
46.13
2 CRMC Anesthesia
34.59
3 CRMC Anesthesia
11.59
4 Embarq
17.43
5 Embarq
32.43
6 Internal Revenue Service - 2006 Personal Income Taxes
988.00
7 Nursing Home
1.077 .55
8 Pa Department of Revenue - 2006 Personal Income Taxes
597.00
9 T -Mobile - Mobile Phone
16.21
10 T-Mobile - Mobile Phone
24.46
11 Walter E. Love, Trustee - Fees for prior to date of death of Glenn E. Love
8.000.00
TOTAL (Also enter on Line 10, Recapitulation)
10,845.39
(If more space is needed. additional pages of the same size)
Copyright (c) 2002 form software only The Lackner Group, Inc.
Form PA-1500 Schedule I (Rev. 6-98)
. REV-1513 EX+ (HO)
ESTATE OF
NUMBER
I.
*'
SCHEDULE ..
BENEFICIARIES
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
Love, Glenn E.
NAME AND ADDRESS OF
PERSON(S) RECEIVING PROPERTY
TAXABLE DISTRIBUTIONS pndude outright spousal
aistributions, and transfers
under Sec. 9116(a)(1.2)]
FILE NUMBER
21-06-
SHARE OF ESTATE AMOUNT OF ESTATE
(Words) ($$$)
RELATIONSHIP TO
DECEDENT
Do Not List Trustselal
1
Brother
12.50
Twelve Dollars
and fifty cents
Walter E. Love
10960 Spring Ridge Road
Shippensburg, PA 17257
2
Amber A. Gontz
679 Carbon Avenue
Harrisburg, PA 17111
Elizabeth A. Gontz
327 Gwenevires Drive, Apt. B3
Harrisburg, PA 17110
Kimball S. Gontz
32 Lakepoint Drive
Harrisburg, PA 17111
38,429.39
None
Two-Twentieth
(2120)
38,429.39
None
Two-Twentieth
(2120)
3
38,429.39
4
None
Two- Twentieth
(2120)
5
Rodney C. Gontz
617 Stanton Avenue
Pittsburgh, PA 15206
None
One-Twentieth
(1/20)
19,214.69
See continuation schedule attached Continuation
Total
Enter dollar amounts for distributions shown above on lines 15 through 18, as appropriate, on Rev 1500 cover sheet
19,214.69
153,730.05
II. NON-TAXABLE DISTRIBUTIONS:
A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT
BEING MADE
B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS
See continuation schedule(s) attached
230,576.30
TOTAL OF PART 11- ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET
230,576.30
Copyright (c) 2002 form software only The Lackner Group, Inc.
Form PA-1500 Schedule J (Rev. 6-98)
.
.
SCHEDULE ..
BENEFICIARIES
(Part I, Taxable Distributions)
ESTATE OF:
Glenn E. Love 203.10.2986 10/14/2006
Item Name and Address of Person(s) Share of Estate Amount of Estate
Number Receiving Property Relationship (Words) ($$$)
6 Tracey L. Witherow None One- Twentieth (1/20) 19,214.69
313 James Road
Carlisle, PA 17013
Total 19,214.69
1
Rev-1502 EX+ (6-98)
*'
SCHEDULE .I-liB
CHARITABLE AND GOVERNMENTAL
DISTRIBUTIONS
continued
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RElURN
RESIDENT DECEDENT
ESTATE OF
Love, Glenn E.
FILE NUMBER
21-06-
ITEM
NUMBER
1
DESCRIPTION
Answers in Genesis - 2800 Bullittsburg Church Road, Petersburg, KY 41048
AMOUNT
57.644.08
2
Evangelization Society of Philadelphia, Inc. -14400 Bustleton Avenue
Philadelphia, PA 19116
57.644.08
3
Friends of Israel Gospel Ministry, Inc. - P.O. Box 908
Bellmawr NJ 08099
57.644.07
4
Institute of Creation Research - P.O. Box 2667
EI Cajon, CA 92021
57.644.07
Subtotal
230.576.30
Copyright (c) 2002 form software only The Lackner Group, Inc.
Form PA-1500 Schedule J-IIB (Rev. 6-98)
GENERAL AMENDMENT TO REVOCABLE LIVING TRUST AGREEMENT
TO: GLENN E. LOVE, AS TRUSTEE UNDER
THE GLENN E. LOVE REVOCABLE LIVING TRUST AGREEMENT,
uldlt July 24, 2003
Pursuant to the right reserved to me, as Settlor under Article One of the above Trust Agreement, I
amend THE GLENN E. LOVE REVOCABLE LIVING TRUST AGREEMENT as follows:
I amend Article ill Section 3.03(1), of the Trust Agreement and substitute therefore the
following:
The Trustee shall apply and distribute the net income and principal of each of the shares of the
resulting Trust Estate, after giving effect to the section of this Trust Agreement entitled "Special
Directives" to the following Beneficiaries in the indicated percentile shares:
Rodney C. Gontz
Amber Anastasia Gontz
Kimball Steven Gontz
Elizabeth Ashley Gontz
Tracy L. Stine Witherow
Answers In Genesis
Evangelization Society of Philadelphia, Inc.
Institute of Creation Research
Friends of Israel Gospel Ministry, Inc.
1/20
2/20
2/20
2/20
1/20
3/20
3/20
3/20
3/20
DATED this
~~
day of
~~. .
~. fJYI~ Lr
, ~ ~ ~-f; .
~-. ~'
sn~i ~~ ~-
WITNESS
G\CI \\.. ~~~
(Printed Name of Witness)
~~ [' ,f~
!I~EE
21t
SS
G; t, t\_ ~~~
(Printed Name of Witness)
~~/
,Q~N lINDER MY ~ ,,!,d seal of office 00 this the 9...~ day of
~~\~\~W ,~. Q)"
[1-i ~\ ~/
Notary Public, Commonwealth of Pennsylvania
Page 1 of 1.
rH OF PENNSYLVANIA
Notarial Seal
EricA. Hess, Notary Public
South MIdcIIM3n ~.. CumIlerIInd County
MyCommIalon ExplntS July 11, 2008
MernIMr, Pannaylv8l1la AssocIation of NoWi..
=
GENERAL AMENDMENT TO REVOCABLE LIVING TRUST AGREEMENT
TO: GLENN E. LOVE, AS TRUSTEE UNDER
THE GLENN E. LOVE
REVOCABLE LIVING TRUST AGREEMENT
111!1
DATED
, "J
Pursuant to the right reserved to me, as Settlor under Article One of the above Trust Agreement, I
amend THE GLENN E. LOVE REVOCABLE LIVING TRUST AGREEMENT as follows:
I amend Article VITI, Section 8.01, of the Trust Agreement and substitute therefore the
following:
All Trustees are to serve without bond. The following will act as Trustees of any Trusts created by this
Trust Agreement, in the following order of succession:
First:
The undersigned, Glenn E. Love
Second:
At the death or incapacity of Glenn E. Love, Walter Love shall serve as First
Successor Trustee.
Third:
Harold Lehman shall serve as Second Successor Trustee.
Last:
A Trustee chosen by the majority of Beneficiaries, with a parent or legal guardian
voting for minor Beneficiaries; provided, however, that the children of any
deceased Beneficiary shall collectively have only one vote.
DATED this
1'6f!
day of
!II~k ,~3.
I
~E.~~
TRUSTEE
ljQt/\^~ ( f~
SEttLOR
_ ~Lc~'~
~SS ~
GLeNN e j{~u Fr~AIt
(Printed Name of Witness)
d~1s ~ LL,,7'h'~
#~R MY ~yn~ seal of office on this the
I
'1
Public, Commonwealth of Pennsylvania
NOTARIAL SEAL
JEROME T. lEWIS, NOTARY PUBLIC
TREDYFFRIN TWP., CHESTER COUNTY
MY COMMISSION EXPIRES SEPT. 25 2006
f,
. I
.',) ~
REVOCABLE LIVING TRUST AGREEMENT
t/.
HIS AGREEMENT AND DECLARATION OF TRUST, made effective the eI. Y - day of
, 20 03 , by GLENN E. LOVE, Grantor, Settlor and Trustee, who resides at 1417
ttom Road, Carlisle, County of Cumberland, Commonwealth of Pennsylvania, does hereby
Trust upon the conditions and for the purposes hereafter set forth.
WITNESSETH:
WHEREAS, in order to provide the future comfort and security to himself and the other
beneficiaries hereafter mentioned, Grantor desires to create a revocable trust for the purposes hereinafter
set forth;
ARTICLE ONE
Terms of the Trust
Section 1.01 - Trust Estate Defined
NOW, THEREFORE, in consideration of the premises and of the Covenants herein contained this
Revocable Trust is formed to hold title to real and personal property for the benefit of the Settlor of this
Trust and to provide for the orderly use and transfer of these assets upon the death of the Settlor. The
"Trust Estate" is defined as all property transferred or conveyed to and received by the Trustee held
pursuant to the terms of this instrument. The Trustee is required to hold, administer, and distribute this
property as provided in this Trust Agreement.
The name of this Trust Agreement shall be:
THE GLENN E. LOVE REVOCABLE LIVING TRUST AGREEMENT
DATED ~t, 20 t13
Section 1.02 - Definitions of Terms
As used in this Trust Agreement:
1. The term "Settlor" shall mean GLENN E. LOVE.
2. The term "Descendant" shall mean the lawful issue of a deceased parent in the line of
descent, but does not include the issue of any parent who is a descendant of the deceased
person in question and who is living at the time in question.
3. The terms "Child" and "Descendant" include any issue born to decedent, a child legally
adopted by the decedent, and a posthumous child of a decedent. A posthumous child is to
be considered as living at the time of his or her parent's death.
4.
The term "Survives" or "Surviving", unless otherwise indicated herein, shall be construed
to mean surviving the decedent for at least sixty (60) days. If the person referred to dies
~
REVOCABLE LIVING TRUST AGREEMENT
Page 1
within sixty (60) days of the death of the decedent, the reference to him or her will be
construed as if he or she had failed to survive the decedent; provided, however, that any
such person will have, during such period, the right to the use and enjoyment as a life
tenant of all property in which his or her interest will fail by reason of death during such
period.
5. The term "Issue" will include all natural and adopted children, if applicable, and
descendants and those legally adopted int~ the line of descent.
6. The term "Per Stirpes" means strict per stirpes and does not mean per capita with
representation. Beneficiaries entitled to take under a "per stirpes" clause will include
both natural and adopted children and their descendants.
7. The terms "Trust Assets" and "Trust Estate" include all assets of any trust created
hereunder and income derived from such assets and all proceeds of any description
derived from the sale, exchange, or other disposition of such assets.
8. When required to give reasonable effect to the context in which used, pronouns in the
masculine, feminine, or neuter gender include each other, and nouns and pronouns in the
plural or singular number include each other.
Section 1.03 - Trustee Designation
Settlor is hereby designated as Trustee. The term "Trustee" as used in this Trust Agreement shall refer to
Settlor so long as he or she serves as Trustee, and/or to any successor Trustee who assumes the role of
Trustee. These Trustees shall serve in the order as provided in Section 8.01 of this Trust Agreement.
Section 1.04 - Additions to Trust Properties
I. The Trustee, at any time during the continuance of this Trust in his or her sole discretion after
consideration of the possible tax consequences to all concerned, is authorized to receive into the
Trust additions of cash and other properties from any source whatsoever, whether by gift, will, or
otherwise. However, the Trustee shall accept all assets which any person or persons may give,
devise, or bequeath by Last Will and Testament to this Trust, and shall accept all assets
transferred to this Trust pursuant to the provisions of any other Trust document or documents.
2. In addition, any person or persons may designate this Trust as the Beneficiary, Primary or
Contingent, of any death benefits to include insurance benefits, pension benefits, or other
benefits. Until such benefits mature, the Trustee shall have no responsibility with respect to those
benefits.
Section 1.05 - Apportionment
The Trustee of the Trust is directed to apportion receipts and expenditures of the types described below
between principal and income as follows:
I. Whenever the principal, or any part thereof, of the Trust property is invested in securities
purchased at a premium or at a discount, any premium will be charged against principal and any
discount will be credited to principal;
REVOCABLE LIVING TRUST AGREEMENT
Page 2
2. Any stock dividends and rights to purchase additional stock issued on securities held in trust will
be treated as principal. All other dividends, except liquidating distributions, will be treated as
income; and
3. The amount of any applicable depletion allowance for federal income tax purposes will be treated
as Income.
Section 1.06 - Discretionary Termination
The Trustee may terminate any Trust when, in the opinion of the Trustee, the principal is reduced to such
an extent that it is not in the best interest of the Beneficiary or Beneficiaries to continue the Trust. The
judgment of the Trustee with respect to this decision to tenninate will be final and not subject to judicial
review. If the Trustee terminates a Trust according to this Section, the date the Trust terminates will be
deemed the date fixed for termination of the Trust, and the Trustee will distribute the assets of the
terminating Trust to the Beneficiary or Beneficiaries pursuant to this Agreement.
Section 1.07 - Amendment and Revocation
At any time during the life of the Settlor, the Settlor may, by a duly executed instrument filed with the
Trustee:
1. Amend this Trust Agreement in any manner; and/or
2. Revoke this Trust Agreement in part or in whole. If the Trust Agreement is revoked in whole, the
Trustee shall transfer title to all Trust property of every kind and description back into the
individual name of the Settlor. The instrument of amendment or revocation shall be effective
immediately upon its proper execution by the Settlor, but until a copy has been received by a
Trustee, that Trustee shall not incur any liability or responsibility either (i) for failing to act in
accordance with such instrument or (ii) for acting in accordance with the provisions of this Trust
Agreement without regard to such instrument.
3. Withdraw from the Trust Estate all or any part of the principal and accumulated income of the
Trust to satisfy liabilities lawfully incurred in the administration of this Trust.
Section 1.08 - Revocation or Alteration by Settlor Alone
The rights of revocation, withdrawal, alteration, and amendment reserved in this Article may only be
exercised by the Settlor and may not be exercised by any other person, including an agent, a guardian, or
a conservator.
Section 1.09 - Irrevocability
Except as otherwise provided, on the death of Settlor, the designation of Beneficiaries of specific gifts in
this Trust shall become irrevocable and not subject to amendment or modification.
Section 1.10 - Settlor Powers
The Settlor shall be the Trustee unless and until he or she resigns in writing or is determined incompetent
under the terms provided herein. The Settlor shall retain all absolute rights to discharge or replace any
Successor Trustee so long as the Settlor is competent.
REVOCABLE LIVING TRUST AGREEMENT
Page 3
ARTICLE TWO
Trust Administration
Section 2.01 - Trust Income
During the life of the Settlor, the Trustee shall at least annually, unless otherwise directed by Settlor in
writing, pay to or apply for the benefit of Settlor, all of the net income from the Trust Estate.
Section 2.02 - Protection of Settlor in Event of Incapacity
During the life of the Settlor, should Settlor become incapacitated as defined in Section 2.03 below, the
Trustee may, in the Trustee's absolute discretion, pay income and principal for the benefit of the
incapacitated Settlor, and may pay to or apply for the benefit of that Settlor such sums from the net
income and from the principal of the Estate of the Trustee, in the Trustee's absolute discretion, believes is
necessary or advisable for the medical care, comfortable maintenance, and welfare of the Settlor.
Section 2.03 - Incapacity
In the event that any Trustee or any Beneficiary hereunder comes into possession of any of the following:
1. A jurisdictionally applicable court order holding the party to be legally incapacitated to act on his
or her behalf and appointing a guardian or conservator to act for him or her; or
2. Written certificates which are duly executed, witnessed, and acknowledged of two licensed
physicians, each certifying that the physician has examined the person and has concluded that, by
reason of accident, mental deterioration, or other cause, such person has become incapacitated
and can no longer act rationally and prudently in his or her own financial best interest; or
3. Evidence which such Trustee or Beneficiary deems to be credible and currently applicable that a
person has disappeared, is unaccountably absent, or is being detained under duress, and that he or
she is unable to effectively and prudently look after his or her own best interests, then in that
event and under those circumstances:
a. Such person is deemed to have become incapacitated, as that term is used in this Trust
agreement; and
b. Such incapacity is deemed to continue until such court order, certificates, and / or
circumstances are inapplicable or have been revoked.
A physician's c~rtificate to the effect that the person is no longer incapacitated shall revoke a certificate
declaring the person incapacitated. The certificate which revokes the earlier certificate may be executed
by either the original certifying physician or by two other licensed, board certified physicians. No Trustee
shall be under any duty to institute any inquiry into a person's possible incapacity. The reasonable
expense of any such inquiry shall be paid from the Trust Assets.
Section 2.04 - Principal Invasion
During the life of the Settlor, should the net income of assets contained in this Trust at the time of the
Settlor's death be insufficient to provide for the care, maintenance, or support of the Settlor as herein
defined, the Trustee may, in the Trustee's sole and absolute discretion, pay to or apply for the benefit of
the Settlor or any of their depe~dents, such amounts from the principal of the Trust Estate as the Trustee
deems necessary or advisable for the care, maintenance, or support of the Settlor.
REVOCABLE LIVING TRUST AGREEMENT
Page 4
Section 2.05 - Residence
If the Settlor's residence property is a part of the Trust, the Settlor shall have possession of and full
management of the residence and shall have the right to occupy it free of rent. Any expenses arising from
the maintenance of the property and from all taxes, liens, assessments, and insurance premiums, are to be
paid from the Trust to the extent that assets are available for payment. It is the intent of the Grantor to
retain all homestead rights available to him or her under the applicable state law.
ARTICLE THREE
AdministrationlDistribution of Trust
Section 3.01 - Death
On the death of the Settlor, the Trustee shall disJribute the principal of the Trust and any accrued or
undistributed income from the principal of the Trust in such a manner and to such persons, including the
Estate of the Creditors, as directed in this Trust Agreement.
Section 3.02 - Payment of Death Expenses
On the death of the Settlor, the Trustee shall pay from the Trust Estate constituting the Settlor's last
illness, funeral, burial and any inheritance, estate, or death taxes that may be due by reason of the Settlor's
death, unless the Trustee in his or her absolute discretion determines that other adequate provisions have
been made for the paYment of such expenses and taxes.
Section 3.03 - Trust Income and Principal Distribution
1. The Trustee shall apply and distribute the net income and principal of each of the shares of the
resulting Trust Estate, after giving effect to the section of this Trust Agreement entitled "Special
Directives" to the following Beneficiaries in the indicated fractional shares:
Rodney Clarence Gontz
Amber Anastasia Gontz
Kimball Steven Gontz
Elizabeth Ashley Gontz
Ronald Lee Stine
Tracy L. Witherow
Answers In Genesis
Evangelization Society of Philadelphia
Institute of Creation Research
Friends of Israel Gospel Ministry, Inc.
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2/20
2/20
2/20
1/20
1/20
2/20
2/20
1/20
2/20
2. If any of the above Beneficiaries, or any other Beneficiary, is under the age of 21
years when the distribution is to be made, the Trustee shall have authority to distribute the same, in whole
or in part, to a custodian for the minor appointed under a Uniform Gifts or Transfers to Minors Act, or the
Trustee may retain any such property and administer and distribute the same for the benefit of the minor,
paying to or for the benefit of such minor so much of the income and principal of the retained property
from time to time as the Trustee deems advisable for the health, education, support, and maintenance of
the minor. When the person for whom the property is held attains the age of 21 years, the property shall
thereupon be distributed to him or her free of trust unless
REVOCABLE LIVING TRUST AGREEMENT
Page 5
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otherwise stated in this Agreement. If the minor should die before attaining the age of majority,
the property shall then be paid and distributed to the estate of the minor.
3. If all of the Settlor's Beneficiaries and their children should fail to survive the final distribution of
the Trust Estate, all of the Trust Estate not disposed of as hereinabove provided shall be
distributed as provided for in this Trust Agreement.
Section 3.04 - Principle of Representation
If a Beneficiary of the Settlor should fail to survive to collect his or her share, that share shall pass to the
surviving issue of that deceased Beneficiary per stirpes and with right of representation.
ARTICLE FOUR
Trustee Powers & Provisions
Section 4.01 - Non-Income Producing Property
During the life of the Settlor, the Trustee is authorized to retain in the Trust, for so long as the Trustee
may deem advisable, any property received by the Trustee from the Settlor, whether or not such property
is of the character permitted by law for the investment of Trust funds.
Section 4.02 - Trustee Powers
The Trustee shall have all powers conferred upon a Trustee by law for the orderly administration of the
Trust Estate. If any property is distributed outright under the provision of this Trust Agreement to a
person who is a minor, distribution may be made under the pennsylvania Uniform Transfer to Minors Act
("PAUTMA"). The Trustee is further authorized to sign, deliver, and/or receive any documents necessary
to carry out the powers contained within this Section.
The Trustee of any trust created under this Trust Agreement (including any substitute or successor
Trustee) will have and be subject to all of the powers, duties, and responsibilities granted or imposed by
the Pennsylvania Consolidated Statutes (20 Pa. C.s. Section 101 et seq.) as such Statute may provide at
the time of administration of the Trust, except to the extent that the same are inconsistent with the
provisions of this Agreement.
Section 4.03 - Specific Powers of Trustee
In addition, the Trustee will have the following specific powers:
1.
Trust Estate: The Trustee may leave invested any property coming into its hands hereunder in
any form of investment even though the investment may not be of the character of investments
permitted by law to trustees, without liability for loss or depreciation in value. The Trustee may
sell, mortgage, exchange, or otherwise dispose of and reinvest property which may at any time be
a part of the Trust Estate upon such terms and conditions as the Trustee may deem advisable.
The Trustee may invest and reinvest the Trust Assets from time to time in any property, real,
personal, or mixed, including without limitation, securities of domestic and foreign corporations
and investment trusts or companies, bonds, debentures, preferred stocks, common stocks,
mortgages, mortgage participation, and interests in common trust funds, all with complete
discretion to convert realty into personalty or personalty into realty or otherwise change the
character of the Trust Estate, even though such investment (by reason of its character, amount,
proportion to the total Trust Estate, or otherwise) would not be considered appropriate for a
REVOCABLE LIVING TRUST AGREEMENT
Page 6
fiduciary apart from this provision and even though such investment caused part or all of the total
Trust Estate to be invested in investments of one type or of one business or company.
2. Holding Property: The Trustee may hold property in the Trustee's name, as trustee, or in the
name of a nominee without disclosing the Trust.
3. Release of Power: If the Trustee deems it to be in the best interest of the Trust and its
Beneficiaries, the Trustee, by written instrument signed by such Trustee, will have the power and
authority to release, disclaim, or restrict the scope of any power or discretion granted in this Trust
Agreement or implied by law.
4. Agents, Employees: The Trustee may employ one or more agents to perform any act of
administration, whether or not discretionary, including attorneys, auditors, investment managers,
or others, as the Trustee shall deem necessary or advisable. The Trustee may compensate agents
and other employees and may delegate to them any and all discretions and powers.
5. I Leases: The Trustee may lease any Trust Assets generally or for oil, gas, and mineral
development, even though the lease term may. extend beyond the term of the Trust of which the
property is a part. The Trustee may enter into any covenants and agreements relating to the
property so leased or concerning any improvements which may then or thereafter be erected on
such property.
6. Common Funds: The Trustee may hold imy ofthe Trust Assets in a common fund with property
from other trust estates and may make investments jointly with any other trust, the property of
which is included in the common fund.
7. Securities: With respect to securities held irrthe Trust Estate, the Trustee may exercise all the
rights, powers, and privileges of an owner, i~cluding but not limited to, the power to vote, give
proxies, and to pay assessments and othf{t sums deemed by the Trustee necessary for the
protection of the Trust Estate. In addition, the Trustee may participate in voting trusts,
foreclosures, reorganizations, consolidations, mergers, and liquidations, and in connection
therewith, to deposit securities with and transfer title to any protective or other committee under
such terms as the Trustee may deem advisable. In addition, the Trustee may exercise or sell stock
subscription or conversion rights and may accept and retain as an investment any securities or
other property received through the exercise of apy of the foregoing powers, regardless of any
limitations elsewhere in this instrument relative to investments by the Trustee. In addition, The
Trustee may Buy, sell exchange, assign, convey, settle and exercise commodities future contracts
and call and put options on stocks and stock indices traded on a regulated options exchange and
collect and receipt for all proceeds of any such transactions. Establish or continue option accounts
for the principal with any securities of a futures broker. In general, exercise all powers with
respect to commodity and option transactions that the principal could if present.
8. Purchases from Estate: The Trustee may purchase property of any kind from the Executor or
Administrator of the Estates.
9. Lending: The Trustee may make loans, secured or unsecured, to the Executor or Administrator
of the Estate, to any Beneficiary of the Trust, OT to the Trustee. Further, the Trustee may use
Trust Assets to guarantee obligations of any income Beneficiary of the Trust (unless such
Beneficiary is serving as Trustee).
10. Distributions to or for Beneficiaries: The Trustee may make any distribution contemplated by
this Trust Agreement (1) to the Beneficiary; (2) if the Beneficiary is under a legal disability or if
REVOCABLE LnnNG TRUST AGREEMENT
Page 7
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the Trustee determines that the Beneficiary is unable to properly manage his or her affairs, to a
person furnishing support, maintenance, or education for the Beneficiary or with whom the
Beneficiary is residing for expenditures on the Beneficiary's behalf; or (3) if the Beneficiary is a
minor, to a trustee of an existing trust established exclusively for the benefit of such minor,
whether created by this Trust Agreement or otherwise, or ~o a custodian for the Beneficiary, as
selected by the Trustee, under the Pennsylvania Uniform Transfer to Minors Act. Alternatively,
the Trustee may apply all or a part of the distribution for the Beneficiary's benefit. Any
distribution under this paragraph will be a full discharge of the Trustee with respect thereto. On
any partial or final distribution of the Trust Assets, the Trustee may apportion and allocate the
assets of the Trust Estate in cash or in kind, or partly in cash and partly in kind, or in undivided
interests in the manner deemed advisable at the discretion of the Trustee and to sell any property
deemed necessary by the Trustee to make the distribution. The Trustee may distribute gifts of up
to the maximum allowable per year per donee out of principal and/or interest.
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Insurance: The Trustc;::e ~y purchase new life insurance, pay the premiums on existing life
insurance on the life of 3lIY Trust Beneficiary, purchase annuities (either commercial or private)
from any corporation, ttU'stJ or individual, and may procure and pay the premiums on other
insurance of the kin<JS, forO;1s, and amounts deemed advisable by the Trustee to protect the
Trustee and the TfllSt Estate.
11.
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Borrowing: The Trustee may borrow money from the Trust Estate and others. To secure the
repayment thereof, the Trustee may mortgage, pledge, or otherwise encumber part or all of the
Trust Assets, and in connection with the acquisition of any property, the Trustee may assume a
liability or may acquire property subject to a liability.
12.
13.
Repairs: The Trustee may make ordinary and extraordinary repairs and alterations to buildings
or other Trust Assets.
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14. Reserves: The Trustee may establish such reserves out of income for taxes, assessments, repair,
and maintenance as the Trustee considers appropriate.
15. Continuation of Business: The Trustee may continue any business or businesses in which the
Trust has an interest at the time of the Settlor's death for so long as the Trustee may, in its sole
discretion, consider necessary or desirable, whether or not the business is conducted by the Settlor
at the time of his/her death individually, as a partnership, or as a corporation wholly owned or
controlled by him, with full authority to sell, settle, and discontinue any of them when and upon
such terms and conditions as the Trustee may. in its sole discretion, consider necessary or
desirable.
16. Retain Property for Personal Use: The Trustee may retain a residence or other property for the
personal use of a Beneficiary and to allow a Beneficiary to use or occupy the retained property
free of rent and maintenance expenses.
17. Dealings with Third Parties: The Trustee may deal with any person or entity regardless of
relationship or identity of any Trustee to or with that person or entity. The Trustee may hold or
invest any part of or all of the Trust Estate in common or undivided interests with that person or
entity.
18. Partitions, Divisions, Distributions: The Trustee will have the power to make all partitions,
divisions, and distributions contemplated by this Trust Agreement. Any partitions, divisions, or
other distributions may be made in cash, in kind, or partly in cash and partly in kind, in any
manner that the Trustee deems appropriate (including composing shares differently). The Trustee
REVOCABLE LIVING TRUST AGREEMENT
Page 8
may determine the value of any property, which valuation will be binding on all Beneficiaries.
No adjustments are required to compensate for any partitions, divisions, or distributions having
unequal consequences to the Beneficiaries.
19. Claims, Controversies: The Trustee may maintain and defend any claim or controversy by or
against the Trust without the joinder or consent of any Beneficiary. The Trustee may commence
or defend at the expense ofthe Trust any litigation with respect to the Trust or any property of the
Trust Estate as the Trustee may deem advisable. The Trustee may employ, for reasonable
compensation, such counsel as the Trustee shall deem advisable for that purpose.
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Merger of Trusts: If at any time the Trustee of any trust created hereunder shall also be acting as
trustee of any other trust created by trust instrument or' by trust declaration for the benefit of the
same beneficiary or beneficiaries and upon substantially the same terms and conditions, the
Trustee is authorized and empowered, if in the Trustee's discretion such action is in the best
interest of the Beneficiary or Beneficiaries, to transfer and merge all of the assets then held under
such trust created pursuant to this Trust Agreement to and with such other trust and thereupon to
terminate the trust created pursuant to this Trust Agreement. The Trustee is further authorized to
accept the assets of any other trust which may be transferred to any trust created hereunder and to
administer and distribute such assets and properties so transferred in accordance with the
provisions of this Agreement.
Termination of Small Trust: Any corporate Trustee which is serving as the sole Trustee of any
Trust or any Share thereof may at any time terminate such Trust or Share if, in the Trustee's sole
judgment, the continued management of such Trost or Share is no longer economical because of
the small size of such Trust or Share and if such action will be deemed to be in the best interests
of the Beneficiary or Beneficiaries. In case of such termination, the Trustee will distribute
forthwith the share of the Trust Estate so terminated to the income Beneficiary, per stirpes. Upon
such distribution, such Trust or Share will terminate and the Trustee will not be liable or
responsible to any person or persons whomsoever for its action. The Trustee will not be liable for
failing or refusing at any time to terminate any Trust or a Share thereof as authorized by this
paragraph.
22.
Power to Determine Income and Principal: Dividends payable in stock of the issuing
corporation, stock splits, and capital gains will be treated as principal. Except as herein otherwise
specifically provided, the Trustee will have full power and authority to determine the manner in
which expenses are to be borne and in which receipts are to be credited as between principal and
income. The Trustee has the power to determine what will constitute principal or income and
may withhold from income such reserves for depreciation or depletion as the Trustee may deem
fair and equitable. In determining such matters, the Trustee may give consideration to the
provisions of the Pennsylvania Statutes (or its successor statutes) relating to such matters, but it
will not be bound by such provisions.
23. Generation-Skipping Taxes and Payment: If the Trustee considers any distribution or
termination of an interest or power hereunder as a distribution or termination subject to a
generation-skipping tax, the Trustee is authorized:
a.
To augment any taxable distribution by an amount which the Trustee estimates to be
sufficient to pay such tax and charge the same to the particular trust to which the tax
related without adjustment of the relative interests of the Beneficiaries;
)
b.
To pay such tax, in the case of a taxable termination, from the particular trust to which
the tax relates without adjustment of the relative interests of the Beneficiaries. If such tax
REVOCABLE LIVING TRUST AGREEMENT
Page 9
,
is imposed in part by reason of the Trust Assets, the Trustee will pay only the portion of
such tax attributable to the taxable termination hereunder taking into consideration
deductions, exemptions, credits, and other factors which the Trustee deems advisable;
and
c. To postpone final termination of any particular trust and to withhold any portion or all of
the Trust Estate until the Trustee is satisfied that the Trustee no longer has any liability to
pay any generation-skipping tax with reference to such trust or its termination.
Section 4.04 - Special Provision for S Corporation Stock
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Notwithstanding what is otherwise provided in this Trust Agreement, if at any time the Trust contains any
stock of a corporation which elects or has elected treatment as an "S Corporation" as defined by Section
1361(a)(1) of the Internal Revenue Code (or any corresponding successor statute), such stock will be
segregated from the other assets of such and treated as a separate trust. The Trustee will further divide the
separate trust into shares for each Beneficiary and such shares will be distributed outright or held in trust
as herein provided. In addition, all other provisions of this Trust Agreement will apply to each share held
in trust (and constituting a separate trust) except that the Trustee will distribute all of the income from
each separate trust to its Beneficiary in convenient installments at least annually. It is the Settlor's intent
that each separate trust will be recognized as a "Qualified Subchapter S Trust" ("QSST") under Section
1361(d)(2) of the Internal Revenue Code (or any corresponding successor statute). Notwithstanding any
provisions of this Trust Agreement to the contrary, the Trustee's powers and discretions with respect to
the administration of each separate trust (including methods of accounting, bookkeeping, making
distributions, and characterizing receipts and expenses) will not be exercised or exercisable except in a
manner consistent with allowing each separate trust to be treated as a QSST as above described.
ARTICLE FIVE
Trustee Powers with a Probate Estate
Section 5.01 - Coordination with Settlor's Probate Estate
1. At any time during the continuance of this Trust, including subsequent to the death of Settlor, the
Trustees may, in their sole and uncontrolled discretion, distribute to the deceased Settlor's
Probate Estate cash and/or other property as a Beneficiary of the Trust.
2. All other provisions to the contrary notwithstanding, under no circumstances shall any restricted
proceeds, as hereinafter defined, be either directly or indirectly: (i) distributed to or for the benefit
of the Settlor's Executors or the Settlor's Probate Estate; or (ii) used to pay any other obligations
of the Settlor's Estate. The term "Restricted Proceeds" means:
a. All qualified plans, individual retirement accounts, or similar benefits which are received
or receivable by any Trustee hereunder, and which are paid solely to a Beneficiary other
than the Executor of the Settlor's Gross Estate for Federal Estate Tax purposes; and
b. All proceeds of insurance on the Settlor's life which, if paid to a Beneficiary other than
the Settlor's Estate, would be exempt from inheritance or similar death taxes under
applicable state death laws.
REVOCABLE LIVING TRUST AGREEMENT
Page 10
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Section 5.02 - Direction to Minimize Taxes
In the administration of the Trust hereunder, its Fiduciaries shall exercise all available tax related
elections, options, and choices in such a manner as they, in their sole but reasonable judgment (where
appropriate, receiving advice of tax counsel), believe will achieve the overall minimum in total combined
present and reasonably anticipated future administrative expenses and taxes of all kinds. This applies not
only to said Trust, but also to its Beneficiaries, to the other Trusts hereunder and their Beneficiaries, and
to the Settlor's Probate Estate.
Without limitation on the generality of the foregoing direction (which shall to that extent supercede the
usual fiduciary duty of impartiality), such Fiduciaries shall not be accountable to any person interested in
this Trust or to Settlor's Estate for the manner in which they shall carry out this direction to minimize
overall taxes and expenses (including any decision they may make not to incur the expense of a detailed
analysis of alternative choices). Even though their decisions in this regard may result in increased taxes
or decreased distributions to the Trust, to the Estate, or to one or more Beneficiaries, the Fiduciaries shall
not be obligated for compensation readjustments or reimbursements which arise by reason of the manner
in which the Fiduciaries carry out this direction.
Section 5.03 - Judgment and Discretion of Trustee
In the absence of proof of bad faith, all questions of construction or interpretation of any trusts created by
this Trust Agreement will be finally and conclusively determined solely by the Trustee, according to the
Trustee's best judgment and without recourse to any court. Each determination by the Trustee is binding
on the Beneficiaries and prospective Beneficiaries hereunder, both in being and unborn, as well as all
other persons, firms, or corporations. The Trustee, when exercising any discretionary power relating to
the distribution or accumulation of principal or income or to the termination of any trust, will be
responsible only for lack of good faith in the exercise of such power. Each determination may be relied
upon to the same extent as if it were a final and binding judicial determination. In the event of a conflict
between the provisions of this Trust Agreement and those of the Pennsylvania Statutes, the provisions of
this Agreement will control.
ARTICLE SIX
Resolution of Conflict
Section 6.01 - Resolution of Conflict
Any controversy between the Trustee or Trustees and any other Trustee or Trustees, or between any other
parties to this Trust, including Beneficiaries, involving the construction or application of any of the terms,
provisions, or conditions of this Trust shall, on the written request of either or any disagreeing party
served on the other or others, shall be submitted to arbitration. The parties to such arbitration shall each
appoint one person to hear and determine the dispute and, if they are unable to agree, then the two persons
so chosen shall select a third impartial arbitrator whose decision shall be final and conclusive upon both
parties. The cost of arbitration shall be borne by the losing party or in such proportion as the arbitrator(s)
shall decide. Such arbitration shall comply with the commercial arbitration rules of the American
Arbitration Association, 140 West 51st Street, New York, NY 10200.
REVOCABLE LIVING TRUST AGREEMENT
Page 11
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Section 6.02 - Incontestability
The beneficial provisions of this Trust Agreement are intended to be in lieu of any other rights, claims, or
interests of whatsoever nature, whether statutory or otherwise, except bona fide pre-death debts, which
any Beneficiary hereunder may have in Settlor's Estate or in the properties in trust hereunder.
Accordingly, if any Beneficiary hereunder asserts any claim (except a legally enforceable debt), statutory
election, or other right or interest against or in Settlor's Estate, or any properties of this Trust, other than
pursuant to the express terms hereof, or directly or indirectly contests, disputes, or calls into question,
before any court, the validity of this Trust Agreement, then:
1. Such Beneficiary shall thereby absolutely forfeit any and all beneficial interests of whatsoever
kind and nature which such Beneficiary or his or her heirs might otherwise have under this Trust
Agreement and the interests of the other Beneficiaries hereunder shall thereupon be appropriately
and proportionately increased; and
2. All of the provisions of this Trust Agreement, to the extent that they confer any benefits, powers,
or rights whatsoever upon such claiming, electing, or contesting Beneficiary, shall thereupon
become absolutely void; and
3. Such claiming, electing, or contesting Beneficiary, if then acting as a trustee hereunder, shall
automatically cease to be a Trustee and shall thereafter be ineligible either to select, remove, or
become a Trustee hereunder.
Section 6.03 - Trust Contests and Specific Omissions
If any beneficiary under this trust, singly or in conjunction with any other person or persons, directly or
. indirectly:
1. contests in any court the validity of this trust or, in any manner, attacks or seeks to impair or
invalidate any of its provisions;
2. contests in any court the validity of the Settlor's Trust or, in any manner, attacks or seeks to
impair or invalidate any of its provisions;
3. seeks to obtain an adjudication in any proceeding in any court that this trust or any of its
provisions or that Settlor's Trust or any of its provisions is void;
4. claims entitlement by way of any written or oral contract to any portion of the Settlor's estate,
whether in probate or under this instrument;
5. unsuccessfully challenges the appointment of any person named as Trustee or successor Trustee
of this Trust,
6. objects in any manner to any action taken or proposed to be taken in good faith by the Trustee
Settlor's Trust;
7. objects to any construction or interpretation ofthis Trust, or any provision of it, that is adopted or
is proposed in good faith by the Trustee;
8. unsuccessfully seeks the removal of any person acting as Trustee of any Trust created under this
instrument;
9. files any creditor's claim in Settlor's estate (without regard to its validity), whether the claim arose
before or after the date of this instrument, but excepting claims for cash advanced or paid for
expenses ofthe Settlor's last illness or funeral paid by said claimant;
10. attacks or seeks to invalidate any designation of beneficiaries for any life insurance policy on
Settlor's life;
REVOCABLE LIVING TRUST AGREEMENT
Page 12
11. attacks or seeks to invalidate any designation of beneficiaries for any pension or IRA or other
fonn of qualified or non-qualified asset or deferred compensation account, agreement or
arrangement;
12. attacks or seeks to invalidate any trust which Settlor has created or may create during Settlor's
lifetime, or any provision thereof, as well as any gift which Settlor has made or will made during
Settlor's lifetime, whether before or after the date of this instrument;
13. attacks or seeks to invalidate any transaction by which Settlor sold any assets (whether to a
relative of Settlor's or otherwise); or
14. refuses a request of Settlor's Trustee, Executor or other fiduciary to assist in the defense against
any of the foregoing acts or proceedings,
then that person's right to take any interest given to him or her by this trust shall be detennined as it would
have been detennined if the person had predeceased the execution of this trust instrument without issue
surviving.
The provisions of the foregoing paragraph shall not apply to any disclaimer by any person of any benefit
under this trust or under the Settlor's Trust. fu the event that any provision of this Article is held to be
invalid, void or illegal, the same shall be deemed severable from the remainder of the provisions of this
Article and shall in no way affect, impair or invalidate any other provision in this Article; and if such
provision shall be deemed invalid due to its scope or breadth, such provision shall be deemed to exist to
the extent of the scope or breadth pennitted by law.
Section 6.04 - Benefits Confidential
v'
The Settlor further declare that it is his/her desire and intent that the provisions of this Trust Agreement
are to remain confidentiala9==S) The Settlor directs that ~~~yfu~ in.formatio~ con(ferning the
"~di~~ paid to any particular . eneficiaryshall be revealed to such individual flnd;~ttA~hall
have a right to infon:nation~cemingt1>>benefitsbeing:pai&to;anY'other> Beneficiary. -
ARTICLE SEVEN
General Provisions
!Iii
Section 7.01 - Distribution in Kind or in Cash
On any division of the assets of the Trust Estate in to shares or partial shares, and on any final or partial
distribution of the assets of the Trust Estate, the Trustee, at his or her absolute discretion, may divide and
distribute undivided interests of such assets on a pro rata or non-pro rata basis, or may sell any part of or
all of such assets and may make divisions or distributions in cash or partly in cash and partly in kind. The
decision of the Trustee, either prior to or on any division or distribution of such assets, as to what
constitutes a proper division of such assets of the Trust Estate, shall be binding on all persons interested in
any trust provided for in this Trust Agreement.
Section 7.02 - Spendthrift Provision
Neither the principal nor the income of the trust shall be liable for the debts of a Beneficiary. Except as
otherwise expressly provided in this Agreement, no Beneficiary of any trust shall have any right, power,
or authority to alienate, encumber, or hypothecate his or her interest in the principal or income of this
Trust in any manner, nor shall the interests of any Beneficiary be subject to the claims of his or her
creditors or liable to attachment, execution, or other process of law. The limitations herein shall not
restrict the exercise of any power of appointment or the right to disclaim.
REVOCABLE LIVING TRUST AGREEMENT
Page 13
Section 7.03 - Definition of Children
The tenns "Child" and "Children" as used in this Agreement mean the lawful issue of a Settlor. This
definition also includes children legally adopted by a Settlor.
Section 7.04 - Handicapped Beneficiaries
Any Beneficiary who is determined by a court of competent jurisdiction to be incompetent shall not have
any discretionary rights of a Beneficiary with respect to this Trust, or to their share or portion thereof.
The Trustee shall hold and maintain such incompetent Beneficiary's share ofthe Trust estate and shall, in
the Trustee's sole discretion, provide for such Beneficiary as that Trustee would provide for a minor.
Notwithstanding the foregoing, any Beneficiary who is diagnosed for the purposes of governmental
benefits (as hereinafter delineated) as being not competent or as being disabled, and who shall be entitled
to governmental support and benefits by reason of such incompetency or disability, shall cease to be a
Beneficiary of this Trust. Likewise, they shall cease to be a Beneficiary if any share or portion of the
principal or income of the Trust shall become subject to the claims of any governmental agency for costs
or benefits, fees, or charges.
The portion of the Trust Estate which, absent the provisions of this section, would have been the share of
such incompetent or handicapped person shall be retained in trust for as long as that individual lives. The
Trustee, at his or her sole discretion, shall utilize such funds for the maintenance of that individual. If
such individual recovers from his or her incompetency or disability and is no longer eligible for aid from
any governmental agency, including costs or benefits, fees, or charges, such individual shall be reinstated
as a Beneficiary after 60 days from such recovery and the allocation and distribution provisions as stated
herein shall apply to that portion of the Trust Estate which is held by the Trustee subject to the foregoing
provisions of this section. If said handicapped Beneficiary is no longer living and shall leave children
then living, the deceased child's share shall pass to those children per stirpes. If there are no children, the
share shall be allocated proportionately among the remaining Beneficiaries.
ARTICLE EIGHT
Successor Trustee Appointments
Section 8.01 - Trustees
All Trustees are to serve without bond. The following will act as Trustees of any Trusts created by this
Trust Agreement, in the following order of succession:
First:
The undersigned, Glenn E. Love
'f"\ U, <''> I~ #. &;2 t'()
... '
At the death or incapacity of Glenn E. Love, Ronald .Lee"Stine shall serve as
First Successor Trustee.
~,
. \
Walter Love shall serve as Second Successor Trustee.
Second:
1/ Third:
Last:
A Trustee chosen by the majority of Beneficiaries, with a parent or legal guardian
voting for minor Beneficiaries; provided, however, that the children of any
deceased Beneficiary shall collectively have only one vote.
Section 8.02 - Allocation and Distribution of The Trust Assets
-= The Trustees shall allocate, hold, administer, and distribute the Trust Assets as hereinafter provided:
REVOCABLE LIVING TRUST AGREEMENT
Page 14
1. Upon the death of the Settlor, the Trustee shall make any separate distributions the Trust Assets
in the manner hereinafter prescribed.
Section 8.03 - Personal Property Distribution
Notwithstanding any provision of this Trust Agreement to the contrary, the Trustee must abide by any
memorandum by the Settlor, particularly that contained in the section entitled "Special Directives"
. incorporated into this Trust Instrument, directing the disposition of Trust Assets of every kind including,
but 'not limited to, furniture, appliances, furnishings, pictures, china, silverware, glass, books, jewelry,
wearing apparel, and all policies of fire, burglary, property damage, and other insurance on or in
connection with the use of property. Otherwise, any personal and household effects of the Settlor shall be
dJ~tributed with the remaining assets of the Trust Estate.
Section 8.04 - Liability of Trustee
The Trustee will not be responsible or liable for any loss which may occur by reason of depreciation in
value of the properties at any time belonging to the Trust Estate nor for any other loss which may occur,
except that the Trustee will be liable for each Trustee's own negligence, neglect, default, or willful wrong.
The Trustee will not be liable or responsible for the acts, omissions, or defaults of any agent or other
person to whom duties may be properly delegated hereunder (except officers or regular employees of the
Trustee) if such agent or person was appointed with due care. The Trustee may receive reimbursement
from the Trust Estate for any liability, whether in contract or in tort, incurred in the administration of the
Trust Estate in accordance with the provisions hereof, and the Trustee may contract in such form that such
Trustee will be exempt from such personal liability and that such liability will be limited to the Trust
Assets.
Section 8.05 - Successor Trustees
Any Successor Trustee shall have all the power, rights, discretion, and obligations conferred on a Trustee
by this Trust Agreement. All rights, titles, and interest in the property of the Trust shall immediately vest
in the successor Trustee at the time of appointment. The prior Trustee shall, without warranty, transfer to
the Successor Trustee the existing Trust property. No Successor Trustee shall be under any duty to
examine, verify, question, or audit the books, records, accounts, or transaction of any preceding Trustee;
and no Successor Trustee shall be liable for any loss or expense from or occasioned by anything done or
neglected to be done by any predecessor Trustee. A Successor Trustee shall be liable only for his or her
own acts and defaults.
ARTICLE NINE
Rule Against Perpetuities
Section 9.01 - Perpetuities Savings Clause
Notwithstanding any other provision of this instrument, the Trusts created hereunder shall terminate not
later than twenty-one (21) years after the death of the last survivor of the Settlor and any other
Beneficiary or Beneficiaries named or defined in this Trust living on the date of the death of the Settlor.
The Trustee shall distribute remaining Trust principal and all accrued or undistributed net income
hereunder to the Beneficiary or Beneficiaries. If there is more than one Beneficiary, the distribution shall
be in the proportion in which they are Beneficiaries; if no proportion is designated, then the distribution
shall be in equal shares to such Beneficiaries.
REVOCABLE LIVING TRUST AGREEMENT
Page 15
ARTICLE TEN
General Provisions
Section 10.01 - Governing Law
It is not intended that the laws of only one particular state shall necessarily govern all questions pertaining
to all of the Trust hereunder.
1. The validity of the Trust hereunder, as well as the validity of the particular provisions of that
Trust, shall be governed by the laws of the state which has sufficient connection with the Trust to
support such validity.
2. The meaning and effect of the terms of this Trust Agreement shall be governed by the laws of the
Commonwealth of Pennsylvania.
3. The administration of this Trust shall be governed by the laws of the state in which the principle
office of the Trustee then having custody of the Trust's principal assets and records is located.
The foregoing shall apply even though the situs of some Trust Assets or the home of the Settlor, a
Trustee, or a Beneficiary may at some time or times be elsewhere.
Section 10.02 - Invalidity of Any Provision
"./ If a court finds that any provision of this Trust Agreement is void, invalid, or unenforceable, the
remaining provisions of this Agreement will continue to be fully effective.
Section 10.03 - Headings
The use of headings in connection with the various articles and sections of this Trust Agreement is solely
for convenience and the headings are to be given no meaning or significance whatsoever in construing the
terms and provisions of this Agreement.
Section 10.04 - Internal Revenue Code Terminology
As used herein, the words "Gross Estate," "Adjusted Gross Estate," "Taxable Estate," "Unified Credit,"
"State Death Tax Credit," "Maximum Marital Deduction," "Marital Deduction," and any other word or
words which from the context in which it or they are used refer to the Internal Revenue Code shall be
assigned the same meaning as such words have for the purposes of applying the Internal Revenue Code to
a deceased Settlor's Estate. Reference to sections of the Internal Revenue Code and to the Internal
Revenue Code shall refer to the Internal Revenue Code amended to the date of such Settlor's death.
REVOCABLE LIVING TRUST AGREEMENT
Page 16
SPECIAL DIRECTIVES
OF
GLENN E. LOVE
I, GLENN E. LOVE, a resident of the County of CUMBERLAND, Commonwealth of
Pennsylvania, being of lawful age, and of sound and disposing mind and memory, and not acting under
duress, fraud, or undue influence, hereby make, publish and declare this to be my Special Directive, and I
incorporate THE GLENN E. LOVE REVOCABLE LNING TRUST AGREEMENT.
FffiST
The natural objects of my affection are:
My Brother -
Walter Love
SECOND
I direct that all estate and inheritance taxes payable as a result of my death, not limited to taxes
assessed on property, shall be paid out of the residue of my Estate, and shall not be deducted or collected
from any League, Devisee, or Beneficiary hereunder.
TIDRD
In the event any of my named Beneficiaries should predecease me, all of that person's share of the
Trust Estate is to be divided equally among that person's issue per stirpes. In the event any such
predeceased beneficiary leaves no surviving children or issue, then all of that person's share shall be
distributed to the remaining Beneficiaries.
FOURTH
In the event all of my named beneficiaries should not exist at the time of my death, all of the trust
estate is to be distributed to my heirs at law.
FIFTH
I direct that all outstanding debts and/or loans owed by any beneficiary shall be forgiven and
deemed as having not existed.
SIXTH
I direct that all of my firearms and accessories shall be given to my brother, WALTER LOVE. .:-~ -( '<. F. ....:0/
(:; ,- ,:~--., t1<l' b
REVOCABLE LIVING TRUST AGREEMENT
Page 17
--rn:..,:"~"'-'"
SEVENTH
I direct that, before any distribution of the assets of the Trust Estate to the named Beneficiaries,
certain specific distributions, if any, shall be made from the assets as set forth on the list attached hereto
and marked "Exhibit A."
REVOCABLE LIVING TRUST AGREEMENT
Page 18
DATED to be effective this
dJ.~ day of
6~
SETTLOR:
~AM- C~ f~
GLENN E. LOVE
~.
ACCEPTED BY TRUSTEE:
~^~ ~~~
GLE E: LOVE
COMMONWEALTH OF PENNSYLVANIA
COUNTY OF CUMBERLAND
This instrument was acknowledged before me on the date herein set forth by GLENN E. LOVE
as Settlor and Trustee to certify which witness my hand and seal of office.
NOTARIAl SEAl
JEROME T. LEWIS, NOTARY PUBLIC
TREDYFFJtIN TWP.. CHESTER COUNTY
MY COMMISSION EXPIRE SEPT. 25 2006
REVOCABLE LIVING TRUST AGREEMENT
Page 19
Glenn E. Love
l4F7 Walnut Bottom Road ;) c.
Carlisle, Pennsylvania 17013
Walter Love
Dear Walter Love:
I have executed a Revocable Living Trust Agreement and have named you to succeed me in the
capacity of Successor Trustee. Your duties as such will be to distribute the Trust property to my
Beneficiaries as designated in the Trust Agreement.
Please indicate your acceptance of this appointment by signing where indicated at the bottom of
this letter and returning the letter to me.
Sincerely,
m/A~t ~crv--e
GLENN E. LOVE
Trustorffrustee
I accept appointment as Successor Trustee of THE GLENN E. LOVE REVOCABLE LIVING
TRUST.
.wdt:;- t2 ~
WALTER LOVE
~-6-(j3
Date
Trustee, please return this acceptance letter to the Trustor at the letterhead address. This signed letter will
be kept by Mr. Love with his trust documents.
-=
~
THE GLENN E. LOVE
REVOCABLE LIVING TRUST AGREEMENT
Declaration of Intent
The undersigned hereby declares that, as Trustee of THE GLENN E. LOVE REVOCABLE
LIVING TRUST, he or she is acquiring and will hold in the name GLENN E. LOVE, but without further
reference to his/her fiduciary capacity, all items listed on the attached schedule(s) hereto and incorporated
herein as amended, from time to time, as well as. household furnishings, automobiles, jewelry, bank
accounts, securities, bonds, clothing and other personal property of any kind in his/her name and
henceforth such assets shall and will belong to said Trust and not to him or her individually; and he or she
further declares that, except to the extent of interest provided to him or her under the terms and provisions
of said Trust, he or she has no personal interest in any of the above itemized personal properties, it being
intended and this Declaration constitutes an affirmation of Trust ownership and an assignment to this
Trust and shall be binding on his/her heirs, administrators, executors and assigns.
J~S WHERE~7 undernigned has executed this instnunent this
JjJ~ E d~
"GLENN E. LOVE
Settlorrrrustee
d
,( r - day of
COMMONWEALTH OF PENNSYLVANIA
COUNTY OF CUMBERLAND
BEFORE ME, the undersigned authority, on this day personally GLENN E. LOVE, known to me
to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he
or she executed the same for the purposes and consideration therein expressed and in the capacity therein
stated.
SUBSCRIBED AND SWORN this
~y!! day of H
()
~J.
onwealth of Pennsylvania
IAL SEAL
(1tOtAE llE\'llS. tl01AAY PUB~~
,.\.EDYFFRiM'O!.'t~p~:~~\~~l 200
MY COMMISS n t.I\
--=:-:'
,
.
SPECIAL INSTRUCTIONS FOR PREPARING AND A IT ACHING AN
"EXHIBIT A"
TO YOUR REVOCABLE LIVING TRUST AGREEMENT
If you have special instructions for bequests of property that were not included in the original
trust planning documents, it is important that they be prepared correctly in order to accomplish your
wishes. "Exhibit A" is not an amendment; it is a part of your original trust document.
1. The page(s) entitled "SPECIAL DIRECTIVES OF GLENN E. LOVE" found near the
end of the trust document entitled THE GLENN E. LOVE REVOCABLE LIVING
TRUST AGREEMENT needs to have a paragraph that basically says the following:
I direct that my trust estate (or personal property or
whatever the items in question are) be distributed
according to the list attached hereto and marked
"EXHIBIT A".
2. Make as many copies of your blank "EXHffiIT A" as it takes to distribute your personal
items, listing the individual property, the beneficiary of the property, and, if applicable,
the dollar or percentage amount of trust property you wish to bequeath.
3. When you finish, number and initial each page, and sign the last page. Be sure to sign
your signature and initials in front of your witnesses and a notary public. Date your
V "Exhibit A" the same date you signed your original trust agreement. (All gift pages
must be entitled "EXHIBIT A." All pages must be numbered. Each page must have a
place at the bottom for your initials; the last page must have a line for your full signature.
Your signature must have two witnesses and a notary.)
4. Attach the original signed and witnessed copy to your original REVOCABLE LIVING
TRUST AGREEMENT. Put a copy of your "EXHffiIT A" with any trust copies you
have stored, i.e., safe deposit box.
5. See attached sample for further help. If you have any questions, please call the law firm.
LOOK FOR YOUR PERSONALIZED "EXHIDIT A" PAGES BEHIND THE GLENN E. LOVE
REVOCABLE LIVING TRUST AGREEMENT.
,
..
SAMPLE ONLY
"EXHIBIT A"
ADDITIONAL SPECIAL DIRECTIVES OF JOHN S. DOE,
TRUSTEE AND SETTLOR OF
THE JOHN S DOE REVOCABLE LIVING TRUST
I direct that JAMES DOE get my railroad pocket watch.
I direct that JANE DOE get the money in the FIRST NATIONAL BANK of Altuna, Texas,
Account #111-111-111.
I direct that JAMES DOE and JANE DOE each receive a Y2 ownership in the house at 23
Lexington A venue, Philadelphia, Pennsylvania.
I direct that my railroad stock be divided equally among the children of JAMES DOE.
I direct that my telephone stock be divided equally among the children of JANE DOE.
I direct that each of my grandchildren receive $5,000 from my trust estate. It is my intent that
this money be used for their college education.
I direct that my car go to my granddaughter, MELISSA DOE, and my truck go to my grandson,
JAMES DOE, JR.
._~..
"ExmBIT A"
ADDITIONAL SPECIAL DIRECTIVES OF
JOHN S. DOE
Page
of
.
~
,.
SUCCESSOR TRUSTEE'S NOTICE
PLEASE TAKE NOTICE THAT I, Walter Love named as Successor Trustee(s) under that certain
Declaration of Trust Agreement referred to as the:
GLENN E. LOVE
REVOCABLE LNING TRUST AGREEMENT
Dated: d Lf J If I 'I d aD") , 20_
of which a copy of an abstract of such Trust (Certificate of Trust) is appended hereto and made a part
hereof, hereby give notice that I have assumed the duties of (Successor) Trustee as stated therewith in said
Trust Agreement.
ADDITIONALLY, and in support thereof, a copy of one of the documents listed below (identified by
checkmark) is attached hereto, in accordance with said Trust Agreement, and made a part hereof:
(check one)
SETTLOR RELINQUISHMENT OF TRUSTEESHIP
MEDICAL CERTIFICATION (pHYSICIAN'S NOTICE)
DEATH CERTIFICATE OF SETTLOR(S)
THEREFORE, I, Walter Love as Successor Trustee(s), shall assume full rights, title and interest in and to
personal and real property comprising the assets of said Trust Agreement and declare that such
conveyance of property has been accepted by me this date and shall therefore be administered according
to provisions and decrees set forth in said Trust Agreement.
{t;(.~ f ~
WALTER LOVE
ACKNOWLEDGMENT
COMMONWEALTH OF PENNSYLVANIA
COUNTY OF CUMBERLAND
On the / f day of [)le..e"k 20 6 J , before me, the undersigned Notary Public,
personally appeared Walter Love, who acknowledged before me to be the individual named above and
executed the foregoing instrument and acknowledged that he/she executed the same as hislher free act and
deed.
1/
My Commission Expires:
NOTA.RIAL SEAL
Chambersburg, Fra~klin County
My Commission Expires Oct. 3'\, 2005
ADMINISTRATION DOCUMENTS
.
.
..
p., 1~
MEMBERS 1"
FEDERAL CREDIT UNION
ACCOUNT TITLE:
Love Revocabl. Living Trust
REGULAR SAVIN~8 ACCOUNT~
Account Number/SuftI)( 50354.00
Date Accc.;tnt Established 0210111973.
Principal Balance at Date of Death $288.70
Accrued Interest to Date of Death $.10
Total Prtnclpeland Accrued Interest to Date of Death $288.80
Name of Trustee Glenn E. love
.COnverted to Trust Account on 0712712003
CHECKlNq ACCOUNT:
Account NumberlSumx 50354.11
Data Account Established 0312011978
PrIncipal Billance at Date of Death $823.70
Accrued Interest to Dete of Death $.00
Total PrlnclpBland Accl\led Interest to Date of Death S823.70
Name ot Trustee Glenn E. Love
I~V&STM~NT SAVINGS ACCOUNT:
Account Number/Suffix 50354.05
Date Acco",nt Established 11/0511985
Principal B~lance at Date of Death $30.889.84
Accrued Interest to Date of Death $24.43
Total Principal and Accrued Interest to Date of Death $30,914.07
Name of T~stee Glenn E. Love
LIFE SAVINGS ACCpUNT
Aceount N~mber/Su1rIx 50354-04
Date Ac:col,lnt e.tIIbllahed 02101/2001.
PrincIpal B,lance at Date of Death $4,000.00
Aocl\led Interest to Date of Death $1.42
Total Prlnclpel and Accrued Interest to Oate of Death $4,001.42
Name of Tl\Istee Glenn E. Leve
.Opened by transfer of funds from 50354-00.
CERTtFI~T&8 OF DIiPOSIT
Account Number/Suffix $0354-40
Date Account established 07/10/2006
Principal Balance at Date of Death $363,407.80
Accrued Interest to Date of Death $663.99
Total Prlnc'pal and Accrued Interest to Date of Death $364.071.79
Name of TrUlt.. Glenn E. Love
MNB:.RS 1ST FEDERAL CREDIT UNION
W~llo.. ^ . (Qj~
Danlelle A. Kline
Insurance Services SpecIalist
June 21. 2007
Estate of: Olenn E. Love
Dat. of Death: October 14, 2008
So~I.' Security Number: 203-10-2988
.-------.---.,.-----.-----..-..---. ~---'-
5000 LOl.l111l: Drive · P.e. Box 40 · Medlanicsburg. Pt.nn!>ylv:lI1u 17055 · (717) 6Y7-1161 . vvww.tne1l1bcr~1sf.()rg
2:0"d
8L1SS6LL1L id3U "SNI n~~ iS1S~3aW3W Wd 9~:2:1 L0-11-,nr
.
~
.
fvl~
MEMBERS 1st
FEDERAL CREDIT UNION
PRIMARY OWNER:
Glenn E. Love
REGULAR SAVINGS ACCOUNT:
Account Number/ Suffix
Date Account Established
Principal Balance at Date of Death
Accrued Interest to Date of Death
Total Principal and Accrued Interest
Name of Joint Owner
Date Joint Ownership Established
250602-00
09/07/2004
$25.00
$.00
$25.00
Walter E. Love
09/07/2004
CERTIFICATES OF DEPOSIT:
Account NumberlSuffix
Date Account Established
Principal Balance at Date of Death
Accrued Interest to Date of Death
Total Principal and Accrued Interest
Name of Joint Owner
Date Joint Ownership Established
250602-42
09/07/2006*
$204,584.95
$384.73
$204,969.68
Walter E. Love
09/07/2006
*Rollover from certificate 250602-40, originally established 09/07/2004.
.~MBERS 1ST FEDERAL CREDIT UNION
l0)o.GUJ4- ^,. m"-lL
Danielle A. Kline
Insurance Services Specialist
June 21, 2007
Estate of: GLENN E. LOVE
Date of Death: October 14, 2006
Social Security Number: 203-10-2986
5000 Louise Drive · Po. Box 40 · Mechanicsburg, Pennsylvania 17055 · (717) 697-1161 . www.memberslst.org