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HomeMy WebLinkAbout09-06-07 REV-15oo EX + (6-00) REV-1500 OFFICiAl USE ONLY '* COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE INHERITANCE TAX RETURN FILE NUMBER DEPT. 280601 HARRISBURG, PA 17128-0601 RESIDENT DECEDENT 2 1 - 0 7 0 5 1 5 CQUNTYCOiiE -VEAR- - - NUMliER- - DECEDENT'S NAME (LAST, FIRST, AND MIDDLE INITIAL) SOCIAL SECURITY NUMBER I- Z Baum. Verna E. 1 8 8 - 1 2 - 4 4 5 2 W DATE OF DEATH (MM-DD-Year) DATE OF BIRTH (MM-DD-Year) THIS RETURN MUST BE FILED IN DUPLICATE WITH THE C W 02/06/2007 10/17/1922 REGISTER OF WILLS U W (IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST, AND MIDDLE INITIAL) SOCIAL SECURITY NUMBER C - - w [Xl 1. Original Return 0 2. Supplemental Retum o 3. Remainder Retum (date ot death prior to 12-13-82) I- ~ :$ (I) o 4. Limited Estate o 4a. Future Interest Compromise (date ofdea1h after 12-12-82) o 5. Federal Estate Tax Return Required (J ex: ~ w~(J J: 00 [Xl 6. Decedent Died Testate (Attach copy of Will) o 7. Decedent Maintained a Living Trust (Attach copyotTrust) 0 (J ex:..J 8. Total Number of Safe Deposit Boxes &:1:0 < o 9. Litigation Proceeds Received 0 10. Spousal Poverty Credit (date of death between 12-31-91 and 1-1-95) 0 11. Election to tax under Sec. 9113(A) (Attach Sch 0) I- THIS SECTION MUST BE CONlPL.ETED.AllC()RRE$P()NDENCEANDCONF'IDeNl'l~L.j"Al'INffE>RMAl'faN'SACl)UtDaeOIREtl"EO 1"0: z NAME COMPLETE MAILING ADDRESS w c Jill M. Wineka. ESQuire z 0 FIRM NAME (If Applicable) ll. (/) w Purcell. KruQ & Haller 1719 North Front Street ex: ex: TELEPHONE NUMBER 0 (J (717) 234-4178 HarrisburQ. PA 17102 OFFICIAL USE ONLY 1. Real Estate (Schedule A) (1 ) 3,172.50 1'-) 2. Stocks and Bonds (Schedule B) (2) C) <::::l = ::0 ~~;:; 0 --.I ,I ') 3. Closely Held Corporation, Partnership or Sole-Proprietorship (3) . '; -:::7, (/) :;~? fYl 4. Mortgages & Notes Receivable (Schedule D) (4) ~:~~ -0 _ .\--1 I ,.~~ 11 5. Cash, Bank Deposits & Miscellaneous Personal Property (5) 1,966.00 .:~j;~ 0\ .__A C':) (Schedule E) :?C) -0 - . I Z ;d11 ::::z;: 0 6. Jointly Owned Property (Schedule F) (6) is ~ - 0 Separate Billing Requested .'- _._~ . . <( . '.J If;'~'''' - ..J 4,939.62 I ::) 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (7) W I- (Schedule G or L) a:: 10,078.12 <( 8. Total Gross Assets (total Lines 1-7) (8) U 6,457.31 w 9. Funeral Expenses & Administrative Costs (Schedule H) (9) 0:: 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) (10) 2,941.86 11. Total Deductions (total Lines 9 & 10) (11 ) 9,399.17 12. Net Value of Estate (Line 8 minus Line 11) (12) 678.95 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been (13) made (Schedule J) 14. Net Value Subject to Tax (Line 12 minus Line 13) (14) 678.95 SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES Z 15. Amount of Line 14 taxable at the spousal tax 0 rate, or transfers under Sec. 9116 (a)(1.2) 0.00 X (15) 0.00 t= - <( 16. Amount of Line 14 taxable at lineal rate 678.95 X .045 (16) 30.55 I- ::J Q. 17. Amount of Line 14 taxable at sibling rate 0.00 X .12 (17) 0.00 :E 0 18. Amount of Line 14 taxable at collateral rate 0.00 X .15 (18) 0.00 U >< 19. Tax Due (19) 30.55 <( I- 0 20. CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT > > BE SURE TO ANSWER ALL QU.ESTIONSOH REVERse.$IDE AND REef:lECg;MAltH ......<< o d · C Add Dece ents amPI ete ress: STREET ADDRESS 1700 Market Street CITY 1 STATE T ZIP Camp Hill PA 17011 Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount (1 ) 30.55 Total Credits (A + B + C) (2) 0.00 3. InteresVPenalty if applicable D. Interest E. Penalty Total I nteresVPen alty ( D + E) (3) 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Check box on Page 1 Line 20 to request a refund (4) 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) A. Enter the interest on the tax due. (5A) B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (5B) Make Check 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; ........................................................................... D 00 b. retain the right to designate who shall use the property transferred or its income; ........................................ D 00 c. retain a reversionary interest; or ...................................................................................................... D 00 d. receive the promise for life of either payments, benefits or care? ............................................................. D 00 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration?.............................................................................................. 00 D 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? ................. D 00 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? ....................................................................................................... D 00 0.00 0.00 30.55 30.55 IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. ADDRESS Under penalties of pe~ury. I declare that I have examined this retum, includinQ accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct and complete. Declaration of preparer other than the personal representative is based on a1llOformation of which preparer has any knowledge. SIGNATUR ddON RESPONSIBLE FOR FILING RETURN a.. ~ (3~ DATE 8-a d-""C! R. Michael Baum, 1007 Cooper Creek Drive, Mechanicsburg, PA 17050 OAT. I M. Wineka, Esquire, 1719 North Front Street, arrisburQ, PA 17102 For dates of death on or after July 1, 1994 and before January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3% [72 P.S. ~9116 (a) (1.1) (i)]. For dates of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0% [72 P.S. ~9116 (a) (1.1) (ii)]. The statute does not exemot 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 0% [72 P.S. ~9116(a)(1.2)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4.5%, except as noted in 72 P.S. ~9116(1.2) [72 P.S. ~9116(a)(1 )]. The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 12% [72 P.S. 99116(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) * COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE B STOCKS & BONDS ESTATE OF Baum Verna E. FILE NUMBER 21 07 All property jointly-owned with right of survivorship must be disclosed on Schedule F. 0515 ITEM NUMBER 1. DESCRIPTION 50 shares of MetLife, Inc. common stock @ $63.45 per share (See attached date of death value of stock regarding highllow.) VALUE AT DATE OF DEATH 3,172.50 TOTAL (Also enter on line 2, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 3 172.50 REV-1508 EX + (6-98) * SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Baum Verna E. FILE NUMBER 21 07 Include the proceeds of litigation and the date the proceeds were received by the estate. All property jointly-owned with right of survivorship must be disclosed on Schedule F. 0515 ITEM NUMBER 1. DESCRIPTION M& T Bank Checking Account No. 86540998 (See attached M&T Bank letter dated 5/30/07 providing date of death value.) VALUE AT DATE OF DEATH 1,966.00 *AII of Decedent's jewelry and furniture were given to her family members several years prior to her death. TOTAL (Also enter on line 5, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 1.966.00 REV-1510 EX + (6-98) .. SCHEDULE G INTER.VIVOS TRANSFERS & MISC. NON.PROBA TE PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT FILE NUMBER 21 07 0515 ESTATE OF Baum Verna E. 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. DESCRIPTION OF PROPERTY ITEM INCLUDE THE NAME OF THE TRANSFEREE. THEIR RELATIONSHIP TO DECEDENT AND DATE OF DEATH % OF DE CD'S EXCLUSION TAXABLE NUMBER THE DATE OF TRANSFER ATTACH A COpy OF THE DEED FOR REAL ESTATE. VALUE OF ASSET INTEREST VALUE (IF APPLICABLE) 1. PNC Bank Checking Account No. 5004786373 7,939.62 100. 3,000.00 4,939.62 (See attached PNC Bank letter dated 7/5/07 providing date of death value and indicating Decedent's money was placed in a joint account with her son, Raymond Michael Baum on June 6, 2006, within one year of the Decedent's death. ) TOTAL (Also enter on line 7 Recapitulation) $ 4.939.62 (If more space is needed, insert additional sheets of the same size) REV-1511 EX + (12-99) * COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Baum Verna E. SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS FILE NUMBER 21 07 0515 Debts of decedent must be reported on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1. Fackler-Weidman Funeral Home - funeral services 4,070.31 2. Ladies Auxiliary at Zion Luthern Church of Penbrook - post funeral luncheon 300.00 B. ADMINISTRA TlVE COSTS: 1. Personal Representative's Commissions Name of Personal Representative (s) Social Security Numbe~s)/EIN Number of Personal Representative(s) Street Address City State Zip Year(s) Commission Paid: 2. Attorney Fees Purcell, Krug & Haller 3. Family Exemption: (If decedenfs address is not the same as claimanfs. attach explanation) 2,000.00 Claimant Street Address City State Zip Relationship of Claimant to Decedent 4. Probate Fees Register of Wills 30.00 5. Accountanfs Fees 6. Tax Return Prepare~s Fees 7. Register of Wills - fee to file Will; automation fee; JCP fee and Short Certificates 42.00 8. Register of Wills - fee to file PA Inheritance Tax Return 15.00 TOTAL (Also enter on line 9, Recapitulation) $ 6.457.31 (If more space is needed, insert additional sheets of the same size) REV-1512 EX + (6-98) * SCHEDULE. DEBTS OF DECEDENT, MORTGAGE LIABILITIES & LIENS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Baum Verna E. FILE NUMBER 21 07 0515 Include unreimbursed medical expenses. ITEM NUMBER DESCRIPTION 1. Heartland Pharmacy of PA - prescription medications VALUE AT DATE OF DEATH 705.47 2. ManorCare Camp Hill 583 - nursing home services 2,236.39 TOTAL (Also enter on line 10, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 2.941.86 REV-'513EXO(* COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF SCHEDULE J BENEFICIARIES FILE NUMBER Baum VI !rna E. 21 07 0515 RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE I. TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 9116 (a) (1.2)] 1. Barbara A. Morris Lineal 106 Sharon Road 1/2 of residue Enola, PA 17025 2. R. Michael Baum Lineal 1007 Copper Creek Drive 1/2 of residue Mechanicsburg, PA 17050 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15THROUGH 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 1. B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS 1. TOTAL OF PART II - ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET $ (If more space is needed, insert additional sheets of the same size) IN RE: : IN THE COURT OF COMMON PLEAS : DAUPHIN COUNTY, PENNSYLVANIA : ORPHANS' COURT DIVISION ESTATE OF VERNA E. BAUM, DECEASED : NO. 21-07-0515 TABLE OF CONTENTS 1. Last Will and Testament of Verna E. Baum dated May 3, 2001; 2. Yahoo date of death value for MetLife stock as of February 6,2007; 3. M& T Statement dated May 30, 2007 providing date of death balance of Decedent's account; and 4. PNC Bank Statement dated July 5, 2007 providing date of death balance of Decedent's account. -----. ~ --. LAST WILL AND TESTAMENT OF VERNA E. BAUM I, VERNA E. BAUM, of Harrisburg, Dauphin County, Pennsylvania, declare this to be my Last Will and Testament, and revoke any and all previous Wills and Codicils made by me. ITEM I: I direct that all my just debts and funeral expenses, including all expenses of my last illness, shall be paid from my residuary estate as soon as practicable after my death, as a part of the expense of the administration of my estate. ITEM II: All federal, state and other death taxes payable because of my death with respect to the property forming my gross estate for tax purposes, whether or not passing under this Will, including any interest or penalty imposed in connection with such tax, shall be considered a part of the expense of the administration of my estate and shall be paid out of the residue of my estate, without apportionment or right of reimbursement. ITEM III: I give, devise and bequeath to my daughter, BARBARA A. MORRIS of Enola, Pennsylvania, my diamond pendant, containing nine diamonds in a diamond-shape, which is on a long gold box chain and my antique cherry gate-leg table with drop sides, previously located in my living room. ITEM IV: I give, devise and bequeath all of my remaining jewelry to be divided equally between my two granddaughters, RAESHELL L. MORRIS of Mechanicsburg, Pennsylvania and CHANDRA L. MESSIMER of Mechanicsburg, Pennsylvania. The division of the jewelry is to be decided between my granddaughters. ITEM V: I direct that all the rest, residue and remainder of my estate be sold and liquidated and the proceeds divided equally between my children, BARBARA A. MORRIS of Enola, Pennsylvania and R. MICHAEL BAUM of Mechanicsburg, Pennsylvania, or their issue, per stirpes. ITEM VI: I hereby appoint my daughter, BARBARA A. MORRIS and my son, R. MICHAEL BAUM as co-Executors of this my Last Will and Testament. ITEM VII: I direct that no Executor serving hereunder be required to post bond or enter security in any jurisdiction. IN WITNESS WHEREOF, I have hereunto set my hand and seal this J ii) day of hJ~ ,2001. ';/ .J? .~ J~ .L~4-L~~ ~ U..bU,~ (SEAL) VERNA E. BAUM The preceding instrument, consisting of this and one other typewritten page, was, on the date thereof signed, published and declared by VERNA E. BAUM, the Testatrix therein named, as and for her Last Will, in the presence of us, who, at her request, in her presence, and in the presence of each other, have subscribed our names as witnesses hereto. C'~.O,~L ~' J 7{\\ , ...,,. I . ~) \ j ).lJ.) n, l.., I ~/)l,(l .w\ residing at \\-J.YV ~ ~ 'P~ v~ V fj . JI residing at '-ll Ul.J.:.JvtLr'iU.r;;) &.ljU) r j)A o ' 2 COMMONWEALTH OF PENNSYLVANIA ss: COUNTY OF DAUPHIN WE, VERNA E. BAUM,~ytY\ f1. M~s\c1\ and /~if-)O A. ~ln(Jrd the Testatrix and the witnesses, respectively, whose names are signed to the attached or foregoing instrument, being first duly sworn, do hereby declare to the undersigned authority that the Testatrix signed and executed the instrument as her Last Will, and that she had signed willingly and that she executed it as her free and voluntary act for the purposes therein expressed, and that each of the witnesses, in the presence and hearing of the Testatrix, signed the Will as witnesses and that to the best of their knowledge, the Testatrix was at that time eighteen years of age or older, of sound mind and under no constraint or undue influence. 7~~~~- ~ 75a~~/ VERNA E. BAUM ~a-~ I ness - ;~~Q 0 t{iJ~ClA{J.. Wi ness Subscribed, sworn to and acknowledged before me and subscribed and sworn to before me by \ '5' I J,..JOG A. (~u;,nD.(cl , witnesses, this $& day of a and ,2001. lV/1 &1t4L1LILL (;'. .JiuJ.L~ ( Notary Public I l~ NOTARIAL SEAL BARBARA A. 8HADB., Notary Ptb!c HEInBIug, [)fqJfin Qxny My Conl,~ ExpIr9s Memb 17, 2003 .Jrical Prices for METLIFE INe - Yahoo! Finance Yahool MyYahool Mal Mon:New USEM'al6ig'WllltcD8iIImIM'''' "YJll",~- - lWebhmiJ Dow t- 0.10% Nasdaq.... 0.26% http://finance.yahoo.comlq/hp?s=MET &a=O 1 &b=6&c=2007 &d=O... Friday, August 10, 2007, 3:37PM ET. U.S. Markets close in 23 minutes. I Enter Symbol(s) ( GU~~1U ] Symbol Lookup Finance Search MetLife Inc. (MET) Active Traders 1 Fidelity At 3: 17PM ET: 61.51 .... 0.92 (1.52%) Ii) AMERITRADE $9.99 TRADES NO SURPRISES - Historical Prices Get Historical Prices for: I ADVERTISEMENT SET DATE RANGE ~ Daily (" Weekly (' Monthly (' Dividends Only Start Date: I Feb II ~ ~007 End Date: t Feb II ~ ~007 -1 Eg. Jan 1, 2003 First I Prey I Next I Last PRICES Date Open Adj Close. High Low Close Volume 6-Feb-07 63.45 63.60 63.30 63.50 2,105,700 · Close price adjusted for dividends and splits. First I Prey I Next I Last A Download To Spreadsheet lCi2l Add to Portfolio 'a Set Alert B Email to a Friend Get Historical Prices for Another Symbol: I ~d Svmbol Lookuo 10f2 63.50 MAKE WEB SITE MAGIC. It's easy with Yahoo! Web Hosting. .... 8/10/20073:37 PM ---m1 M&I'Bank 499 Mitchell Road, Mitlsboro, DE 19966 Mail Code DE-MB-12 Phone (888)502-4349 Fax (302) 934-2955 May 30, 2007 Law Offices Purcell Krug & Haller 1719 North Front Street Harrisburg, Pennsylvania 17102-2392 Re: Estate of: Verna E Baum Social Securitv: 188-12-4452 Date of Death: February 06. 2007 Dear Sir or Madam: Per your inquiry dated May 25, 2007, please be advised that at the time of death, the above-named decedent had on deposit with this bank the following: 1. Type of Account Checldng Account Account Number 86540998 Ownership (Names oj) Vema E Baum · Opening Date 09/19/97 Closed OS/25/07 Balance on Date of Death $1,966.00 $ 0.00 Accrued Interest Total $1,966.00 Please be advised, there was no safe deposit box found 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 Penbrook Office # 717-255-2266. Sincerely, ~dY Nancy Zett Records Management '" JUL-05-2007 17:53 PNCBANK 412 768 3458 P.01/01 G PNCBAN< July 5, 2007 Jill M. Wineka 1719 North Front Street Hanisburg, P A 17102-2392 RE: Estate of Vema E. Baum, deeeased SSN~ 188-124452 DOD: 2/612007 Dear Ms. Wineka: In response to your request for Date of Death balances for the customer noted above, our records show the following: Cbeeking Account Account #5004786373 Established 06/26/2006 RAYMOND MICHAEL BAUM VERNA E BAUM DOD balance: S7,939.62 (non-interest bearing) Please note that this office only provides date of death balances for deposit accounts (IR.As, CDs, Checking and Savings accounts). We do not process any financial transactions or provide statements. (fyou need assistance with any of these items, please call1-888-PNC-BANK (1-888-762-2265) or stop by your local PNC Bank branch office. Sincerely, ~~ Rachelle Wells 1-800-762-1775 P7 -PFSC-04-F 500 firSt Ave. Pinsburgh PA 152]9 Member FDIC , TOTAL P.12l1 LA W OFFICES HOWARD B. KRUG LEON P. HALLER JOHN W. PURCELL JR. JILL M. WINEKA NICHOLEM. STALEY o 'GORMAN LISA A. RYNARD LA TOY A C. WINFIELD Purcell, Krug & Haller 1719 NORTH FRONT STREET HARRISBURG, PENNSYLVANIA 17102-2392 TELEPHONE (717) 234-4178 FAX (717) 783-4939 HERSHEY (717) 533-3836 JOSEPH NISSLEY (1910-1982) JOHN W. PURCELL VALERIE A. GUNN Of Counsel September 5, 2007 Register of Wills Cumberland County Court House Carlisle, PA 17013 Re: Estate of Verna E. Baum No. 21-07-0515 Dear Register of Wills: Enclosed for filing, please find two originals and three copies of the Inheritance Tax Return in the above-captioned matter. I am also enclosing a check payable to the Register of Wills for $15.00 for the filing fee and a check payable to the Register of Wills, Agent in payment of the inheritance tax due in the amount of $30.55. Please return three date-stamped copies of the document to me in the enclosed stamped, self- addressed envelope. Thank you. Sincerely, CUtrn.~ r1i~. Wineka JMW/bas Enclosures cc: R. Michael Baum, Co-Exec. w/o enc. Barbara A. Morris, Co-Exec. w/o enc. 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