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HomeMy WebLinkAbout10-15-07 (2) ~ REV-1500 EX (06-05) PA OepartmentofRewnue Bureau cllndNidual TlIlC8S PO BOX 280601 Harrisburg, PA 17128-0601 15056041158 INHERITANCE TAX RETURN RESIDENT DECEDENT OFFICIAL USE ONLY County Code Yssr 21 07 File Number 0080 ENTER DECEDENT INFORMAllON BELOW Social Security Number Date of Death 191-28-2232 01192007 Date of Birth 11141934 Decedent's Last Name FALLON Suffix. Decedent's First Name SARAH MI E (If Applicable) Enter Swvivlng 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 ntE REGISTER OF WILLS FILL IN APPROPRIATE BOXES BELOW 00 1. Original Retum o 4. Limited Estate 00 6. Decedent Died Testate (Attach Copy of Will) o 9. Litigation Proceeds Received Future Interest Compromise (date of death after 12-12-82) Decedent Maintained a Living Trust (Attach Copy of Trust) Spousal Poverty Credit (date of death between 12-31-91 and 1-1-95) (Attach Sch. 0) CORRESPONDENT - THI$ SEC'nON MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFlDEHTIAL TAX IHFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number 717-730-7454 02. 04a. Suppiemehtal Return o o 3. Remainder Return (date of death prior to 12-13-82) 5. Federal Estate Tax Return Required 07. 010. L 8. Total Number of Safe Deposit Boxes o 11. Election to tax under Sec. 9113(A) DEBRA KARNS KLINGER Firm Name (If Applicable) C) REGISTER OF First line of address 201 EWE ROAD c.;~ Second line of address s 5;"' City or Post OffICe MECHANICSBURG State PA ZIP Code 17055 DATE FILED o Correspondent's e-mail address: Under penalties of perjury, I dedlll8 that I have examined thls retum, InclUding accompanying schedules and lIlalements, and to the best of my knowledge and belief. it Is tnJe, COITect and complelll. 0 of PI'8J*W othll' th8'Ithe pel'llOn81 represootallw Is based on a11lnfonnation of which prePlll8f has any knowledge. $1 RE F PER NSIBLE FOR FILING RETURN DAJEU j ~ t/""f DATE ADDRESS PLEASE USE ORICINAL F~ ONLY Side 1 L 15056041158 6M4647 2.000 15056041158 ~ ---1 15056042159 REV-1500 EX Decedent's Social Security Number 191-28-2232 Decedent's NameFALLON RECAPITULATION SARAH E 1. Real estate (Schedule A) . . . . . . . . . . , . , . . . . . . . . , , . . . . . . 1. 55407.55 0.00 0.00 2. Stocks and Bonds (Schedule B). . . . , , , . , . . , , . . . . . . . . , , . . . 2. 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C). . . . . . a. 4. Mortgages & Notes Receivable (Schedule D). . , . . . . . . . . . . . . . , . . . 4. 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E). . . . . . . . 5. 0.00 2096.24 0,00 6. Jointly Owned Property (Schedule F) D Separate Billing Requested . . . . . 6. 7. Inter-Vivos Transfers & MlsceItaneous Non-Probete Property (Schedule G) D Separate Billing Requested . . . . . 7. 9. Funeral Expenses & Administrative Costs (Schedule H). . . . . . , . . . . . . . . 9. 0,00 57503.79 5113.32 14987.92 20101.24 37402.55 0.00 37402.55 8. Total Grou AI... (total Lines 1-7). . . . . . . . . . . . , . . . . , . . , . . . 8. 10. Debts of Decedent, Mortgage liabilities. & Liens (Schedutel). . , , , . . . . . . 10. 11. Total Deductions (total lines 9 & 10). . . , . . . . . . . , . . . . . . . . . . 11. 12. NetVafue ofEstafe (line 8 minus line 11) . , . . . , . , . . , , , . . . , . . 12. 13. Charitable and Governmental Bequests/See 9113 Trusts for which an e1$Clion to tax has not been made (Schedule J). . . , , . . . . . . . . , . . 13. 14. Net Value Subject to To (line 12 minus line 13) ............... 14. TAX COMPUTATION - see INSTRucnONS FOR APPLICABLE RATES 15. Amount of line 14 talCllble at the spousal tax rate. or transfers u~ Sec. 9116 (a)(1.2) X .0_ 0 . 00 16. Amount of line 14 taxable at Iineel rete X .04 5 3 74 02 . 5 5 17. Amount of line 14 talCllble at sibling rate X .12 0 , 00 18. Amount of line 14 taJcable at collateral rate X .15 0 . 0 0 15. 0.00 16. 1683.11 17. 0.00 18. 0.00 19. 1683.11 D 19. TAX DUE , . , . . . . . . . , . . . . , . . , . . . . . . . . . . . . . . , , 20. FILL IN THE BOX IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT Side 2 L 15056042159 6M4648 2.000 15056042159 ---1 REV-1500 EX Page 3 Decedent's Com lete Address: DECEDENT'S NAME FALLON SARAH STREET ADDRESS 1820 HEISMAN DENS DRIVE File Number 0080 E CITY CARLISLE STATE PA Tax Payments and Credits: 1. Tax Due (Page 2 Line 19) 2. Credits/Payments A. Spousal PoYerly Credit B. Prior Payments C. Discount (1) ZIP 17013 1683.11 0.00 1500.00 78.95 Total Credits (A + 8 + C) (2) 1578.95 3. Interest/Penalty If applicable D. Interest E. Penalty 0.00 0.00 0.00 TolallnlerestlPenally (0 + E) (3) 4. If line 21s greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Fill In box on Peg. 2, Une 20 to r8quest. refund. (4) 0.00 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) 104.16 A. Enter the interest on the tax due. (SA) 0.00 B. Enter the total of Line 5 + SA This is the BALANCE DUE. (58) Make Check Payable to: REGISTER OF WILLS, AGENT 104.16 PLEASE ANSWER THE FOLLOWING QUESnONS BY PLACING AN -)(" IN THE APPROPRIATE BLOCKS 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. retaln a reversionalylnterest; 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? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3. Old 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 Accqunt, annuity, or other ~e property which contains a beneficiary designation? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes o o o o o o o No [K] [X] [X] [X] [Xl [X] [X] 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)). 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. ~116 (a) (1.1) (il)]. 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 stili applicable even if the suMving 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 use of a natural parent, an adoptive parent, or a stepparent of the child is zero (0) percent (72 P.S. ~116(a)(1.2)]. . The tax rate Imposed on the net velue of transfers to or for the use of the decedent's lineal beneficiaries Is four and one-half (4.5) percent, except as noled in 72 P.S. ~9116(1.2) [72 P.S. ~116(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)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. 6M4671 1.000 REV-1502 EX + (6-88) SCHEDULE A REAL ESTATE COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Sarah B. 'allon 2107 0080 All ....1 pr'OplII1y _nect -*tly 01' .. a WllIInt In common must be ntpCIIt1Id at fair martcet value. Fair market value Is defined 8S the price at v.flich property would be exchanged ~ a wiling buyer and a wilUng saller, neither being compelled 10 buy" 881, both having --.abIe knowledge or the I818vant fads. Re.l propeIty which Is joInlIy__ with right fII survivonhlp must be dlsclaeecl on Sc:hedu.. F. ITEM NUMBER 1. DESCRIPTION VALUE AT DATE OF DEATH Net proceeds from sale of real estate located at 1820 Reisman Gardens Drive, Carlisle, PA, copy of settlement sheet attached 55,407.55 3W4895 1.000 ,orAL (Also enter on line 1, Recapitulation) (If more space Is needed. insert additional sheeIs at the same sI2s) $ 55,407.55 REV-I508 EX + (6-911) COMMONWEAlTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY esTATE OF Sarah B. Pallon FILE NUMBER 21 07 0080 Include the proceeds of lltigllllan and Ihe dale the proceeds ~ ~ by the eslale. All PI8I*tJ jIIInIIy-owned wllh Ihe rtght oIsurvlwor8hlp must be cIIsc:IMed on 8cheduIe F. ITEM NUMBER DESCRIPTION VALUE AT DATE OF DEATH 1 Checking Account with Americhoice 318.10 2 Savings Account with Americhoice 5.00 3 Refund from Bmbarq Telephone 6.14 4 Refund of 2006 Federal Individual Income Tax 85.00 5 SBP Contribution - Grubers April 2007 415.00 6 Furniture 742.00 7 1989 Chrysler New Yorker 525.00 3W46AD 1.000 TOTAL (Also enter on line 5 ..,uu~ Iationl $ (If more ~ is ~ In8Mt addllionaI sheets dthe _ size) 2,096.24 Bstate of: Sarah B. Fallon 191-28-2232 Schedule H Part 7 (Page 2) 3 4 5 6 Liberty Mutual - Homeowners & Car Insurance PP&L - electric service North Middleton Township - water & sewer service Bmbarq - telephone service 95.00 196.80 114.10 100.13 Total (Carry forward to main schedule) 506.03 REV-1512 EX~ (12-03) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Sarah B. Fallon SCHEDULE I DEBTS OF DECEDENT. MORTGAGE LIABILITIES. & LIENS FILE NUMBER 21 07 0080 Report debts incurred by the decedent prior to death which remained unpaid as of the date d death, including unreimbursed medical expenses. ITEM NUMBER DESCRIPTION 1. Americhoice FCU - Visa VALUE AT DATE OF DEATH 9,234.88 2 Americhoice - Personal Loan 2,332.72 3 Bmbarq - statement 44.00 4 Bon Ton - credit card statement 49.96 5 Blair Clothing - credit card statement 91. 53 6 Lowes - credit card statement 271. 85 7 North Middleton Township - statement 79.90 8 PP&L - statement 198.93 9 Home Depot - credit card statement 1,021. 51 10 MCI - statement 102.26 11 Liberty Mutual - statement 90.70 12 US Go1dshield Blite - statement 94.85 13 Hasland Associates Inc - professional services 202.05 14 Carlisle General Hospital - professional services 992.00 15 Real Estate Tax. 66.45 16 Lancaster HIlA - statement 66.45 17 IBK - medical insurance 13.80 18 Philip Carey MD professional services 30.34 19 Kinetic Imagery - statement 3.74 3W46AH 2.000 TOTAL (Also enter on line 10. Recapitulation) $ (If more space is needed. insert additional sheets fA the same size) 14,987.92 REV-1513 EX+ (~) SCHEDULE J BENEFICIARIES COMMONWEALTH OF PENNSYlVANIA INHERITANCE TAX RETURN RESIOENT DECEDENT ESTATE OF Sarah B. Fallon FILE NUMBER 21 07 0080 NUMBER I 1 NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 9116 (a) (1.2)] Debra K. Klinger 201 Ewe Road Mechanicsburg, PA 17055 RELATIONSHIP TO DECEDENT Do Not List Trust8e(s) AMOUNT OR SHARE OF ESTATE All of Residue: 37,402.55 Daughter 37,402.55 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 3W46AI 1.000 TOTAL OF PART.. 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) $ 0.00 ... . LAST WILL AND TESTAMENT OF SARAH E. FALLON I, SAPJWE. FALLON, of the County of Cumberland and Commonwealth of Pennsylvania, being of sound mind, memory and understanding, do make and publish this, my Last Will and Testament, hereby revoking and making void all former Wills by me at any time heretofore made. , FIRST: I direct 'my hereinafter named Executrix to pay all my legally enforceable debts, funeral expenses, administration expenses, and inheritance, estate, succession or excise taxes, which I owe or may become due on account of my death, as soon as may be convenient after my decease. SECOND: I give, devise and bequeath all of my property, be it real, personal and mixed, whatsoever and wheresoever the same may be situate at the time of my death, to my daughter, DEBRA'KARNS KLINGER; if she survives me. THIRD : In the event my daughter, DEBRA KARNS KLINGER, predeceases me or fails to survive me, I give, devise and bequeath all of my property, be ft real, personal or mixed, whatsoever and wheresoever the same may be situate at the time of my death in equal shares as follows: A) One third (1/3) of my estate is to pass to my grandson, JASON NEDROW, if he survives me. ~(/7 ~;-A-~ (SEAL) 'SaraJi . Falla Page 1 of 3 Pages I B) One third (1/3) of my estate is to pass to my granddaughter, DANYELLE NEDROW, providing she has attained the age of twenty-one (21) years at the time of my death. In the event DANYELLE NEDROW is under the age of twenty-one (21) years at the time of my death, I direct that her share of my estate shall pass In Trust as set forth below. C) One third (1/3) of my estate is to pass to my grandson, PATRICK KLINGER, providing he has attained the age of twenty-one (21) years at the time of my death. In the event PATRICK KLINGER is under the age of twenty-one (21) years at the time of my death, I direct that his share of my estate shall pass In Trust as set forth below. In the event either or both my granddaughter, DANYELLE NEDROW, or my grandson; PATRICK KLINGER, are under the age of twenty-one (21) years at the time of my death, I direct that said granddaughter's and/or grandson's share of my estate shall pass In Trust, and I nominate, constitute and appoint GLENN P.KLINGER, as Trustee of each of the aforesaid Trusts. I direct that as Trustee, GLENN P. KLINGER is authorized and empowered to expend so much from the principal and/or income of the Trust for my aforesaid granddaughter and/or grandson, as may be necessary in the sole discretion of the Trustee for the support, education and welfare of said granddaughter and/or grandson without the necessity of posting bond or securing Court approval for said expenditures. Page 2 of 3 Pages ~h t?$eP~ (SEAL) Sarah E. Fall n . I further direct that as my granddaughter, DANYELLE NEDROW, or my grandson, PATRICK KLINGER, attains the age of twenty-one (21) years, the Trust established herein for said granddaughter or grandson, as the case may be, shall terminate and all principal and any accumulated income of that Trust shall be paid to said granddaughter or grandson outright. FOURTH : I nominate, constitute and appoint my daughter, DEBRA KARNS KLINGER, as Executrix of this, my Last Will. and Testament, authorizing and empowering her to sell and convey any and all real estate of which I may die seized and possessed. In the event my daughter, DEBRA KARNS KLINGER, is unwilling or unable to act as Executrix, I nominate, constitute and appoint MELLON BANK, N.A., as Executor of this my Last Will and Testament. I .further direct' that my Executrix or personal representative shall not be required to post bond to act in said capacity. IN WITNESS WHEREOF, I, SARAH E. FALLON, have hereunto set my hand and seal, to this my Last Will and Testament, this ~ day of ....... .//t;Yt. , 1995. SIGNED, SEALED, PUBLISHED and DECLARED by the above- named Testatrix, SARAH E. FALLON, as and for her Last Will and Testament, in the presence of us, who at her request and in the presence of each other, have hereunto set our names as J..i tne~ses : (b_~ ~\...A.... ~ \:..0 Residing at: 0 : .::~ S~CI"\RE Wp-'-( D,LL.'St',.)(,<0- rAt7<l\'f. ~~(.~C> -~?~'(-SEAL) SARAH i. FALLON c,\pak\will \fallon.sef . ,r A. . B. TYPE OF LOAN: U.S. DEPARTMENT OF HOUSING & URBAN DEVELOPMENT 1-DFHA 2.DFmHA 3. DCONV. UNINS. 4.DVA 5. ~CONV. INS. 6. FILE NUMtlER: 17. LUAN : SETTLEMENT STATEMENT SANFORD 1722528 8. MORTGAGE INS CASE NUMBER: C. NOTE: This form is furnished to give you a statement of actual settlement costs. Amounts paid to and by the settlement agent are shown. Items marked 'TPOCr were paid outside the closing; they are shown here for informational purposes and are not included in the totals. 1.0 3/98 (SANFORD.PFDISANFORDI24) D. NAME AND ADDRESS OF BORROWER: E. NAME AND ADDRESS OF SELLER: F. NAME AND ADDRESS OF LENDER: WILLIAM SANFORD DEBRA KARNS KLINGER. Executrix TAYLOR. BEAN & WHITAKER MORTGAGE CORP. MAIL STOP-S 1417 N. MAGNOLIA AVE. OCALA, FL 34475-9078 G. PROPERTY LOCATION: H. SETTLEMENT AGENT: 20-1624913 I. SETTLEMENT DATE: 1820 HEISHMAN GARDENS DRIVE GUARANTEED ABSTRACT SERVICES, INC. CARLISLE, PA 17013 May 17,2007 NO. MIDDLETON TWP, CUMBERLAND CO. PLACE OF SETTLEMENT PRUDENTIAL THOMPSON WOOD REAL ESTATE 3815 Market St, Camp Hili, PA 17011 J. -. ;IIUN 1\. __n.m ut' IIVI~ 100. GROSS AMOUNT DUE FROM BORROWER: 400. GROSS AMOUNT DUE TO SELLER: 101. l,;Ontract :sales t"nce 66,900.00 401. l,;Ontract Sales Pnce 66.900.00 102. Personal Property 402. t"ersonal t"roperty 1 03. :semement Charges to Borrower (Line 1400) 4,500.53 403. 104. 404. 105. 405. Adjustments For Items Paid By Seller in advance Adjustments For Items Paid By Seller in advance 106. COuntyfTwp Taxes 05/17/07 to 01/01/08 11::1.04 406. t,;ountyrrwp I axes 05/17/07 to 01/01/08 115.84 107. t,;ity Tax to 407. t,;lty fax to 108. :scnool I ax 05/17/07 to 07/01/07 85.38 408. :scnOOI I ax 05/17/07 to 07/01,u7 85.38 109. 409. 110. 41U. 111. 411. 112. 412. 120. GROSS AMOUNT DUE FROM BORROWER 71,601.75 420. GROSS AMOUNT DUE TO SELLER 67,101.22 200. AMOUNTS PAID BY OR IN BEHALF OF BORROWER: 500. REDUCTIONS IN AMOUNT DUE TO SELLER: 201. ueposlt or earnest money 500.00 501. Excess Deposit (See Instructions) 202. Principal~ount of New Loan(s) 66,900.00 502. SelUement Charges to Seller (Line 1400) 7,679.67 203. EXisting loan(s) taken subject to 503. EXIsting loan(s) taken subject to 204. 504. paYOff of fjrst Mortgage 205. ouo. r-ayoff or secono Mongage 06. 506. 207. 507. (Deposit disb. as proceeds) 208. 508. 209. t,;REDIT 4,014.00 509. , '-'VV I '-'''CUll 4,014.00 IIdJustments I-or ,terns unpaia t:Jy ::;eller AaJustments I-or Items unpaia t:Jy Seller 210. t,;ountytrwp Taxes to 510. CountylTwp Taxes to 211. L;ity I ax to 511. L;ity rax to 212. scnool Tax to 512. School Tax to 213. 513. 214. 514. 215. 515. 216. 516. 217. 517. 21ts. 518. 219. 519. 220. TOTAL PAID BY/FOR BORROWER 71,414.00 520. TOTAL REDUCTION AMOUNT DUE SELLER 11,693.67 1300. (;A5H A.I ;:)c I ". : DUU. \.A.;:)M..... "'" I : 301. Gross Amount Uue From Borrower (Une 120) 71.601.75 601. I.::iross Amount uue 10 Seller (Line 420) 67,101.22 302. Less Amount Paid tlY't'or tlorrower (Line 220) 1\ 71,414.00 602. Less Reductions Due Seller (Line 520) 11,693.67 303. CASH ( X FROM) ( TO) BORROWER 187.75 603. CASH ( X TO) ( FROM) SELLER 55,407.55 OMB NO 2502 0265 ...-.... The undersigned hereby acknowledge receipt of a completed copy of pages 1 &2 of tilis statement & any attachments referred to herein. B<<row~ Id~ ~ Seller ~f-~c::. J 1:)J~ \35.CD 'Fti qQ,Oo p... 1> D 45.(J,.:) "fi::-