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HomeMy WebLinkAbout08-20-07 (2) --.J :L5D5bD4:L:L47 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 REV-1500 OFFICIAL USE ONLY County Code Year INHERITANCE TAX RETURN 2 1 07 RESIDENT DECEDENT File Number 0533 Date of Birth 156121472 05242007 05021919 Decedent's Last Name Suffix KELLER Decedent's First Name GLADYS MI F (If Applicable) Enter Surviving Spouse's Information 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 [Jr: 1. Original Return rK1 7 Decedent Maintained a Living Trust . (Attach Copy of Trust) D D o 3. Remainder Return (date of death prior to 12-13-82) 5. Federal Estate Tax Return Required 6. Decedent Died Testate (Attach Copy of Will) D D o 4a. Future Interest Compromise (date of death after 12-12-82) 2. Supplemental Retum 1"1 ,~ 4. Limited Estate 8. Total Number of Safe Deposit Boxes 9. Litigation Proceeds Received o 10 Spousal Poverty Credit (date of death . between 12-31-91 and f-1-95) D 11. Election to tax under Sec. 9113(A) (Attach Sch. 0) ~ORRESPONDENT. THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: ame Daytime Telephone Number IVO V OTTO III 7172433341 First line of address 10 EAST HIGH STREET ,...-:1 = ,-', _ --..J --, I REGIS~~F WILL~SE qtt~"C :'",1-0 <:OJ "~,'.~~ 6 Firm Name (If Applicable) MARTSON LAW OFFICES Second line of address (-) 0 -0 ",:=>-'n ::::;r: )=:15 N --t .- -,J -."bA TE FILED- City or Post Office CARLISLE State PA ZIP Code 17013 Correspondent's e-mail address:iotto@martsonlaw.com Under penalties of ~rjury, I declare that I have examined this retum, including accompanying schedules and statements. and to the best of my knowledge and belief, it is true, correct and complete. Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge. SIGNATUR F PE N RESPONSIBL FOR ILlNG RETURN DATE Jo Ann Haller 01" 67 DATE Ivo V Otto III ADDRESS 10 East High Street, Carlisle, PA 17013 Side 1 L :L5D5bD4:L:L47 :L5D5bD4:L:L47 --.J ...J 1505b042148 REV-1500 EX Decedent's Name: Gladys F. KELLER RECAPITULATION 1. Real Estate (Schedule A)..................................................................................... 1. 2. Stocks and Bonds (Schedule B).......................................................................... 2. 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C)......... 3. 4. Mortgages & Notes Receivable (Schedule D)....................................................... 4. 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E).............. 5. 6. Jointly Owned Property (Schedule F) D Separate Billing Requested............ 6. 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (Schedule G) D Separate Billing Requested............ 7. 8. Total Gross Assets (total Lines 1-7).................................................................. 8. Decedent's Social Security Number 156121472 10,085.00 42,423.82 98,000.00 150,508.82 10,201.14 1,351.77 11,552.91 138,955.91 9. Funeral Expenses & Administrative Costs (Schedule H~...........................m....... 9. 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I)............................... 10. 11. Total Deductions (total Lines 9 & 10)................................................................. 11. 12. Net Value of Estate (Line 8 minus Line 11).......................................................... 12. 13. Charitable and Governmental Bequests/See 9113 Trusts for which an election to tax has not been made (Schedule J).............................................. 13. 14. Net Value Subject to Tax(Line 12 minus Line 13).............................................. 14. TAX COMPUTATION - SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, of transfers under Sec. 9116 (a)(1.2) X ~ 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 o . 00 15. 133,955.91 16. o .00 17. 5,000.00 18. 19. Tax Due.............. ..... .......... .................................................................................. 19. 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. Side 2 L 1505b042148 138,955.91 o .00 6,028.02 o . 0 0 750.00 6,778.02 D 1505b042148 ...J REV-1500 EX Page 3 Decedent's Complete Address: DECEDENT'S NAME Gladys F. KELLER STREEt--ADDRESS-'."-~- ---'-~---~---- File Number 21-07-0533 ---~ - --~- ~--~-- -~- CITY I STATE ~IZfP---- -- Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount (1 ) 6,778.02 338.90 3. Interest/Penalty if applicable D. Interest E. Penalty Total Credits (A + B + C) (2) 338.90 Total Interest/Penalty (D + E) 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is theOVERPAYMENT. 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 theTAX DUE. A. Enter the interest on the tax due. B. Enter the total of Line 5 + 5A. This is theBALANCE DUE. (3) (4) (5) (5A) (5B) 6,439.12 6,439.12 Make Check Payable to: REGISTER OF WILLS, AGENT PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No a. retain the use or income of the property transferred;............................................................................. [!J b. retain the right to designate who shall use the property transferred or its income;................................ !xl c. retain a reversionary interest; 0[........................................................................................................... , x 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?............................. __.......................................................... _...................... ~ 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death:?....... ~ 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation?................................................................................................................ U [!J IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. For dates of death on or after July 1, 1994 and before January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is three (3) percent [72 P.S. ~9116 (a) (1.1) (i)l. 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)l. The statutedoes not exemota transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1, 2000: The tax rate imposed on the net value of transfers from a deceased child twenty-one years of age or younger at death to or for the use of a natural parent, an adoptive parent, or a stepparent of the child is zero (0) percent [72 P.S. ~9116 (a) (1.2)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is four and one-half (4.5) percent, except as noted in 72 P .S. ~9116 1.2) [72 P.S. ~9116 (a) (1 )1. The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is twelve (12) percent [72 P.S. ~9116 (a) (1.3)]. A sibling is defined under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. Rev-1503 EX+ (6-98) . SCHEDULE B STOCKS & BONDS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT KELLER, Gladys F. FILE NUMBER 21-07 -0533 ESTATE OF All property Jolntly-owned with right of survivorship must be disclosed on Schedule F. ITEM CUSIP VALUE AT DATE NUMBER NUMBER DESCRIPTION UNIT VALUE OF DEATH 1 744320102 100 shares of Prudential Financiallnc - Com 100.85 10,085.00 TOTAL (Also enter on Line 2, Recapitulation) 10,085.00 (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 B (Rev. 6-98) Rev-1508 EX+ (6-98) *' SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIOENT DECEDENT ESTATE OF KELLER, Gladys F. FILE NUMBER 21-07 -0533 Include the proceeds of litigaUon and the date the proceeds were received by the estate. All property Jolntly-owned with the right of survivorship must be disclosed on schedule F. ITEM NUMBER DESCRIPTION 1 AARP, refund of premium VALUE AT DATE OF DEATH 190.75 2 Lititz Mutual Insurance, refund of renter's insurance premium 134.00 3 M&T Bank, CD 031003911168126 30.000.00 Accrued interest on Item 3 through date of death 35.46 4 M&T Bank checking account 2672031107 4.227.01 Accrued interest on Item 4 through date of death 0.12 5 M&T Bank, savings account 0150042000944731 6.399.55 Accrued interest on Item 5 through date of death 1.01 6 PA Department of Revenue, renter's tax rebate 650.00 7 Rowe's Auction Services, proceeds from sale of personal property and household goods 772.20 8 The Sentinel, refund 13.72 TOTAL (Also enter on Line 5, Recapitulation) 42.423.82 (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.1510 EX+ (6-98) *' SCHEDULE G INTER-VIVOS TRANSFERS & MISC. NON-PROBATE PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT KELLER, Gladys F. FILE NUMBER 21-07-0533 ESTATE OF This schedule must be completed and filed if the answer to any of Questions 1 through 4 on the reverse side of the REV-1500 COVER SHEET is yes. ITEM ,"'.. "" , """ ...." y DATE OF DEATH % OF DECD'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 Residence situate at 104 Spruce Street, Carlisle 98.000.00 100.000 98.000.00 Borough, Cumberland County, PA, known as Tax Parcel No. 02-21-0316-004, being described in Deed dated May 17, 2006, and recorded in Cumberland County, PA, Deed Book 274, Page 3164, being conveyed by Decedent to her daugher, Jo Ann Haller. Decedent retained a Life Estate in said residence. TOTAL (Also enter on Line 7, Recapitulation) 98.000.00 (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+ (12-99) *' SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF KELLER, Gladys F. Debts of decedent must be reported on Schedule I. FILE NUMBER 21-07 -0533 ITEM NUMBER A. FUNERAL EXPENSES: DESCRIPTION AMOUNT See continuation schedule(s) attached 3,282.00 B. 1. ADMINISTRATIVE COSTS: Personal Representative's Commissions Social Security Number(s) I EIN Number of Personal Representative(s): Street Address City Year(s) Commission paid State _ Zip 2. Attorney's Fees Martson Law Offices (estimated) 6,190.00 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant Street Address City Relationship of Claimant to Decedent State Zip 4. Probate Fees Cumberland County Register of Wills 298.00 5. Accountant's Fees 6. Tax Return Preparer's Fees 7. Other Administrative Costs See continuation schedule(s) attached 431.14 TOTAL (Also enter on line 9, Recapitulation) 10,201.14 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H (Rev. 6-98) Rev-1502 EX+ (6-98) *' SCHEDULE H-A FUNERAL EXPENSES continued COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT KELLER, Gladys F. FILE NUMBER 21-07 -0533 ESTATE OF ITEM NUMBER DESCRIPTION AMOUNT 1 Auer Memorial Home & Cremation Services, Inc. 1.975.00 2 Auer Memorial Home & Cremation Services, Inc., obituary notices 95.00 3 Brethern In Christ Church, Carlisle, PA - Donations for funeral luncheon, organist and clergy 300.00 4 Jo Ann Haller, reimbursement for funeral flowers and luncheon 645.00 5 Travel expenses for family from CT to plan and attend funeral 267.00 Subtotal 3.282.00 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA.1500 Schedule H-A (Rev. 6-98) Rev-1502 EX+ (6-98) *' SCHEDULE H-B7 OTHER ADMINISTRATIVE COSTS continued COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF KELLER, Gladys F. FILE NUMBER 21-07 -0533 ITEM NUMBER DESCRIPTION AMOUNT 1 Certified mailing to Department of Public Welfare 5.21 2 EVP, online stock valuation 1.55 3 Jo Ann Haller, reimbursement of expenses relating to estate administration, including travel from CT, postage, etc. 400.00 4 M& T Bank, estate checks 9.38 5 Register of Wills, filing fee, Inheritance Tax return 15.00 Subtotal 431.14 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H-B7 (Rev. 6-98) REV.1513 EX+ (9-00) *' SCHEDULE J BENEFICIARIES COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT 1 KELLER, Gladys F. NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY TAXABLE DISTRIBUTIONS [include outright spousal distributions"" and transfers under Sec. ~116(a)(1.2)] Jo Ann Haller 11 Acorn Hill Road Woodbridge, CT 06525 Judd M. Keller 130 Laurina Street Jacksonville, FL 32216 RELATIONSHIP TO DECEDENT Do Not List Trusteels! FILE NUMBER 21-07 -0533 SHARE OF ESTATE AMOUNT OF ESTATE (Words) ($$$) ESTATE OF NUMBER I. Daughter One-half of estate residue + Sch G, Line 1 115,977 .96 2 Son One-half of estate residue 17,977 .96 3 Bonita Ann Rowe 150 D Street Carlisle, PA 17013 Niece 5,000.00 Total 138,955.92 Enter dollar amounts for distributions shown above on lines 15 through 18. as appropriate. on Rev 1500 cover sheet II. NON-TAXABLE DISTRIBUTIONS: A SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART 11- ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET 0.00 Copyright (c) 2002 form software only The Lackner Group. Inc. Form PA-1500 Schedule J (Rev. 6-98) F:IFILESIDA T AFILEIEstale Planningl 11213.1. will.200S ~(Q)[P1Y( LAST WILL AND TEST AMENT I, GLADYS F. KELLER, of Carlisle Borough, Cumberland County, Pennsylvania, being of sound and disposing mind and memory, do hereby make, publish and declare this to be my Last Will and Testament, hereby revoking any and all former Wills or Codicils made by me. 1. I direct that all my legally enforceable debts, funeral expenses, testamentary expenses and all death taxes (whether such taxes may be payable by my estate or by any recipient of any property) shall be paid from my residuary estate as soon as practicable after my decease and as part of the administration of my estate. My Executrix shall have no duty or obligation to obtain reimbursement for any such tax so paid, even though on proceeds of insurance or other property not passing under this Will. 2. I devise and bequeath the sum of Five Thousand Dollars ($5,000.00) unto my niece, BONITA ANN ROWE. 3. I give, devise and bequeath all ofthe rest, remainder and residue of my estate, both real and personal property, unto my daughter, JO ANN HALLER, and my son, JUDD M. KELLER, in equal shares, absolutely, provided that should either of my said children predecease or fail to survive me by thirty (30) days, then his or her share shall be distributed to his or her issue, per stirpes, and in default of any such then-living issue, such share shall be distributed to my surviving child named in this Item 3. .4. I nominate, constitute and appoint my daughter, JO ANN HALLER, as Executrix of my estate. In the event she is unwilling or unable to so act, then I appoint my son, JUDD M. KELLER, as Executor of my estate. 5. I direct that my Executrix, or her successor, shall not be required to file a bond to secure the faithful performance of their duties in any jurisdiction. " .y" /< /J [f>< [Initials] Page 1 of 3 Pages 6. I authorize and empower my Executrix, or her successor, in their sole and absolute discretion, to purchase or otherwise acquire and retain any investments of which I die seized or any real or personal property of any nature; to sell, lease, pledge, mortgage, transfer, exchange, dispose of or grant options in regard to any or all property of any kind forming a part of my estate for such terms and such prices as they may deem advisable; to borrow money for any purposes connected with the protection and preservation of my estate; to mortgage or pledge any real or personal property forming a part of my estate or to join in or secure the partition of same; to compromise any claims or demands of my estate against others or of others against my estate; to make distribution in kind and to cause any share to be composed of cash, property or undivided fractional shares in property different in kind from any other share; to employ agents, attorneys and proxies and to delegate to them such power as my Executrix, or her successor, consider desirable and to pay reasonable compensation for such services as may be rendered by such agents, attorneys and proxies; and to execute and deliver such instruments as may be necessary to carry out any of these powers. In addition, I direct that my Executrix, or her successor, shall have the power to conduct an inventory of any safe deposit box necessary to the administration of my estate. IN WITNESS WHEREOF I have hereunto set my hand and seal this ;) 7 -f-V1 day of t--1 ~y , 2Ctb. it 1/ / /l-,~ .ei.{lv (SEAL) SIGNED, SEALED, PUBLISHED AND DECLARED by the above-named Testatrix, as and for her Last Will and Testament, in the presence of us, who at her request, have hereunto subscribed our names as witnesses thereto, in the presence of the said Testatrix and of each other. )i/rjj (L~r () J)fOA \ -~./ );; a\.<-..-<'v-- { , /) --;. II (-' - ".' _--<:' \ ,--;:-) C ',>-~ ( I Page 2 of 3 Pages COMMONWEALTH OF PENNSYLVANIA ) : SS. COUNTY OF CUMBERLAND ) I . ~.' We, Gladys F. Keller, Hillary A. Dean, and jV-eJ L{ 2... II. COY';'f;to."- , the Testatrix and the witnesses, respectively, whose names are signed to the foregoing instrument, being first duly sworn, do hereby declare to the undersigned authority that the Testatrix signed and executed the instrument as her last Will and that the Testatrix has signed willingly, and that the Testatrix executed it as her free and voluntary act for the purposes therein expressed, and that each ofthe witnesses, in the presence and hearing of the Testatrix, signed the Will as a witness and that to the best of his/her knowledge the Testatrix was at that time eighteen years of age or older, of sound mind and under no constraint or undue influence. t' ~.~/ci1.- J \-t2J-iUL Gladys F. Kell , Testatrix ~j O.])~(]k_) . Itness ~')' /'1' ,?o/u......;....- Lf.. (~wf' ~ Wit S,S / Subscribed, sworn to and acknowledged before me by Gladys F. Keller, the Testatrix, and subscribed and sworn to before me by Hillary A. Dean and /{t~f (I?-. Y Cc VI' ()i~J\.- v the witnesses, thisJ?,I-1I.y of 711/7 ,,:;2,::U,,-'. // .' J// /' l ~~ , L/ C. /tf-1_A.. CL Notary Public /1 //--/:rd-l- c ,r;,1t6 NOTARIAL SEAL VICTORIA t. OTTO, NOTARY PUBLIC CARLISLE BORO:r CUMBERLAND COUNTY MY COMMISSIOI1 EXPIRES DEC. 2 2006 Page 3 of 3 Pages Estate Valuation Date of Death: OS/24/2007 Valuation Date: OS/24/2007 Processing Date: 06/07/2007 Estate of: Gladys F. Keller Report Type: Date of Death Number of Securities: 1 File ID: 11213.2 Shares or Par Security Description High/Ask Low/Bid Mean and/or Div and Int Security Adjustments Accruals Value 1) 100 PRUDENTIAL FINL INC (744320102; PRU) COM NYSE OS/24/2007 101.58000 100.12000 H/L 100.850000 10,085.00 Total Value Total Accrual Total $10,085.00 $10,085.00 so.oo Page 1 This report was produced with EstateVal,' a product of Estate Valuations & Pricing Systems, Inc. If you have questions, please contact EVP Systems at (818) 313-6300. (Revision 6.4.1) t~~~t_/~I Pi! M&fBank 499 Mitchell Road, Millsboro, DE 19966 Mail Code DE-MB-12 Phone (888) 502-4349 Fax (302) 934-2955 June 12,2007 Martson Law Offices Attorneys At Law 10 East High Street Carlisle, Pennsylvania 17013 Re: Estate of: Gladvs F Keller Social Security: 156-12-1472 Date of Death: Mav 24. 2007 Dear Sir or Madam: Per your inquiry dated JWle 07, 2007, please be advised that at the time of death, the above-named decedent had on deposil with this bank the following: 1. Type of Account Checking Account Account Number 2672031107 ~e Ownership (Names oj) Gladys F Keller * cJfr t{ Opening Date 12/01/86 Closed 06/04/07 Balance on Date of Death $4,227.01 Accrued Interest $ 0.12 Total 13 2. Type of Account Savings Account G Account Number 015004200944731 J~' Ownership (Names oj) Gladys F Keller * V~ Opening Date 12/0//86 Closed 06/04/07 Balance on Date of Death $6,399.55 Accrued Interest $ 1.0/ Total $6,400.56 3. Type of Account Certificate of Deposit t s~ Account Number 031003911168126 Ownership (Names of) Gladys F Keller * Opening Date 04/10/95 Closed 06/04/07 Balance on Date of Death $30,000.00 Accrued Interest $ 35.46 Total $30,035.46 Please be advised, there was no safe deposit box fOWld for the above decedent. * If upon reviewing the information above, you believe there are additional accounts not referenced, please provide us with an account number and/or the name of any possible joint account holder. For any additional information on the above accounts, including ownership and any changes, closures and/or reimbursement of funds, please call the High Street Carlisle Office # 717-240-4536. Sincerely, ~:?,"" /.--~.--. . J;U': ;cC/c/~z'"2jf/ l / t'/ Nancy Clagett Records ManaJ;?;ement