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HomeMy WebLinkAbout09-06-07 --.J 15056041147 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 File Number INHERITANCE TAX RETURN RESIDENT DECEDENT 21 07 0377 Decedent's Last Name Suffix Date of Birth 07141926 Decedent's First Name MI OSCAR R Spouse's First Name MI DOROTHY M 172247849 12222006 ACRI (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix ACRI Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW [!] 1. Original Return 0 2. Supplemental Relurn [l 4. Limited Estate 0 4a. Future Interest Compromise (date of death after 12-12-82) [~ 6. Decedent Died Testate 0 7. Decedent Maintained a Living Trust (Attach Copy of Will) (Attach Copy of Trust) 0 9. Lifigation Proceeds Received 0 10 Spousal Poverty Credit {date of death . between 12-31-91 and -1-95) o 3. Remainder Return (dafe of death prior to 12-13-82) 5. Federal Estate Tax Return Required o 8. Total Number of Safe Deposit Boxes o 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 MICHAEL L. BANGS 7177307310 Firm Name (If Applicable) REGISTEROF WILLS USi;;9NL Y _l~ 429 SOUTH 18TH STREET (.) :-"1 '-:J I 0. First line of address Second line of address :;:7'~~ City or Post Office State DATE filLED co CAMP HILL PA ZIP Code 17011 c., OJ Correspondent's e-mail address: Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct and complete. Declaration of preparer other than the personal representative is based on all n of which preparer has any knowledge. SIGNATUR,l= OF PERSON RESPONSIBLE FOR FILING RETURN DATE . rj;~ 'f .M 'i/ \./J/1}'! "IC'/i/. ./'v., -/\,...Lfl..\/J' /.' It-I.-- L{.../ ADDRESs-' Dorothy M. Acri c j 3017 Dickinson Avenue, Camp Hill, PA SIGN?T~E OF PRffARE.. R. OTHER THA~P SE/iTATIVE V ~---(_A'1 / (' / ))../ ADDRESS 17011 J L/ DATE Michael L. Bangs 429 South 18th Street, Camp Hill, PA 17011 L Side 1 15056041147 15056041147 --.J -.J 15056042148 REV-1500 EX Decedent's Name Oscar R. Acri Decedent's Social Security Number 172247849 RECAPITULATION 1. Real Estate (Schedule A)...... 2. Stocks and Bonds (Schedule B).. 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C).............. 3. 4. Mortgages & Notes Receivable (Schedule D).................... 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 Nonyrobate Property (Schedule G) D Separate Billing Requested. 7. 8. Total Gross Assets (total Lines 1-7)..... 9. Funeral Expenses & Administrative Costs (Schedule H).. 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I)......................... 10. 11. Total Deductions (total Lines 9 & 10)..... 12. Net Value of Estate (Line 8 minus Line 11 ).... ......................................................... 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).......... 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~ 0.00 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 0.00 19. Tax Due 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. L Side 2 15056042148 8. 9. 11. 14. 15. 16. 17. 18. 19. 1. 2. 3,570.34 4. 3,570.34 3,774.25 3,774.25 -203.91 -203.91 0.00 0.00 0.00 0.00 0.00 D 15056042148 -.J REV-1500 EX Page 3 Decedent's Complete Address: DECEDENT'S NAME Oscar R. Acri STREET ADDRESS 3017 Dickinson Avenue I-------~-, " File Number 21-07-0377 , '____u______ '________~~ CITY I STA TE-~TzIP----------- PA I 17011 Camp Hill Tax Payments and Credits: 1, Tax Due (Page 1 Line 19) 2, Credits/Payments A, Spousal Poverty Credit 8. Prior Payments C. Discount (1) 0.00 0.00 3. Interest/Penalty if applicable D. Interest E. Penalty Total Credits (A + 8 + C) (2) 0.00 Total Interest/Penalty (0 + 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) 0.00 0.00 Make Check Payable to: REGISTER OF WILLS, AGENT PLEASE ANSWER THE FOllOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS [] lJ [J [] D 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death?.. [J [J 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation?.............................................. [] [-] 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 Cl [J [] 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 PS. g9116 (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. g9116 (a) (1.1) (ii)]. The statute does not exempt a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1, 2000: The tax rate imposed on the net value of transfers from a deceased child twenty-one years of age or younger at death to or for the use of a natural parent, an adoptive parent, or a stepparent of the child is zero (0) percent [72 P.S. g9116 (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. g9116 1.2) [72 P.S. g9116 (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 PS. g9116 (a) (1.3)J. 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) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Acri, Oscar R. SCHEDULE B STOCKS & BONDS FILE NUMBER 21-07 -0377 All property jointiy-owned with right of survivorship must be disclosed on Schedule F. ITEM CUSIP VALUE AT DATE NUMBER NUMBER DESCRIPTION UNIT VALUE OF DEATH 1 8 shares of Axa Financial - 8 shares of stock 39.74 317.92 2 38 shares of Prudential Financial - 38 shares of stock 85.59 3,252.42 TOTAL (Also enter on Line 2, Recapitulation) 3,570.34 (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 8 (Rev. 6-98) REV-1151 EX+ (12-99) SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Acri, Oscar R. Debts of decedent must be reported on Schedule I. FILE NUMBER 21-07 -0377 ITEM DESCRIPTION AMOUNT NUMBER A. FUNERAL EXPENSES: B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Social Security Number(s) / EIN Number of Personal R.epresentative(s): Street Address City State Zip - Year(s) Commission paid 2. Attorney's Fees Michael L. Bangs 3,500.00 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant Street Address City State Zip Relationship of Claimant to Decedent 4. Probate Fees 76.00 5. Accountant's Fees 6. Tax Return Preparer's Fees 7. Other Administrative Costs 198.25 See continuation schedule(s) attached TOTAL (Also enter on line 9, Recapitulation) 3,774.25 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H (Rev. 6-98) REV-1513 EX+ (9-DO) .. COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE .J BENEFICIARIES ESTATE OF NUMBER Acri, Oscar R. NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 9116(a)(1.2)] FILE NUMBER 21-07 -0377 RELATIONSHIP TO DECEDENT Do Not list Trusteefsl SHARE OF ESTATE AMOUNT OF ESTATE (Words) ($$$) I. Dorothy M. Acri 3017 Dickinson Avenue Camp Hill, PA 17011 Spouse Total 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) Frank R. Baker 146 Springhouse Lane Spring Grove, PA 17362 Phone: 717/225-5450 Fax: 717/225-0494 e-mail: frankr.baker@suscom.net January 30, 2007 The following is the value of Oscar R. Acri's stock holdings at the time of his death on December 22, 2006: Equities Stock Symbol High Low Average Shares Value Axa Financial AXA 40.03 39.45 39.74 8* $ 317.92 Prudential Financial PRU 86.00 85.18 85.59 38 $ 3252.42 Total $ 3570.34 *Nine shares of Equitable Companies will be exchanged for four shares of Axa Financial. Four shares of Ax a Financial are book entry shares. You will need to provide the folRowing documents to open an Estate account at The Investment Center: 1. Signed Cash Account Agreement 2. Affadavit of Domicile 3. Short Certificate that is not more than 60 days old 4. Death Certificate You will need a signed Stock Pc)wer, as well as, the above documents, excluding the Cash Account Agreement for each stock security in order to sell them. I have enclosed a Cash Account Agreement. I will need to get additional information to open the Estate account, such as date of birth of Executor, Tax ID of estate, and other personal information about the Executor. If you have any questions, please call me. Sincerely, ~"---' r, ( r _-./ \ , k T' -y. 1/'1 --\---\r' ,J. " \)n' U..;. 1/ \ lA-ot/lj ,. '.- vv Frank R. Baker LAST WILL AND TESTAMENT of OSCAR R. ACRI I, Oscar R. Acri of 3017 Dickinson Avenue, Borough of Camp Hill, County of Cumberland, Commonwealth of Pennsylvania, being of sound mind and memory, do hereby lnake, publish, and declare this to be my last will and testament, hereby revoking any will or wills heretofore made by me. Fir st. be fully paid and decease. I direct that all my just debts and funeral expenses satisfied, as soon as conveniently may be, after my Second. I give and devise, and bequeath unto my wife, Dorothy M. Acri, all my residue, and estate, both real and personal, of every kind and description, wheresoever situate, which I may own or have the right to dispose of at the time of my deceas e. Third: If my wife, Dorothy, shall not be living at the time of my death, I give, devise, and bequeath unto my son, Elden Richard Acri, my tools, guns, personal clothing and personal effects. In this event, I also give, devise, and bequeath all the rest, residue, and remainder of my estate, both real and personal to my daughter Viki Ellen Acri Stremmel and my son, Elden Richard Acri, to be divided equally between them. If any of said children, Elden or Viki shall not be living at the time of my death, then the surviving child shall receive the entire estate. In Witness Whereof, I, Oscar R. Acri, the testator, have set my hand and seal hereto this fifteenth day of June in the year of our Lord one thousand nine hundred and seventy-one (1.971). {!)~" J~~ a_>c,~ Signed, sealed, published, and declared as and for his last will and testament by Oscar R. Acri, the above-named testator, in the presence of us, who, at his request and in the presence of him and of each other, have subscribed our names hereto as witnesses on the day and year last aforesaid. f! {LL /J<u"~ . ~~i<f&uk':i;;rC-~ C' at }-f<-cl ,/ "Z. ' ~ '~ '" aL-CA C(a. '. AJ:., c~ /I