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HomeMy WebLinkAbout10-31-07 Pa. O.C. Rule 6.12 STATUS REPORT REGISTER OF WILLS OF C IlfLI.5L E COUNTY, PENNSYLVANIA Name of Decedent: 1. /!-W!?€)/{]E /S/7IJCS File Number: d ) 0 7 - 7000 Date of Death: Akllem,bfJrl-5/ 2.00/ , Pursuant to Pac O.e. Rule 6.12, I report the following with respect to completion of the administration of the above-captioned estate: 1. State whether administration of the estate is complete: . . . . . . . . . . . . . . . . . . . . (~es 0 No 2. If the answer is No, state when the personal representative reasonably believes that the administration will be complete: 3. If the answer to No.1 is YES, state the following: a. Did the personal representative file a final account with the Court? . . . . . .. 0 Yes 0 No b. The separate Orphans' Court No. (if any) for the personal representative's account is: c. Did the personal representative state an account . / informally to the parties in interest? ............................... ~Y es D No d. Copies of receipts, releases, joinders and approvals of formal or informal accounts may be filed with the Clerk of the Orphans' Court and may be attached to this report. ,. r. ;,'"'::.:' I . f ,. of!9~ I: J;,~d:Cd Signature of Person Filing this Form Capacity: ~ersonal Representative 0 Counsel PEA;.; rfi!/ht/KVAJ /SAffCS 31/1:sol1/1o=~01B7/ r1v (~;J(/ f! Address Uftkrburv Cr 0670) .~03 - 'IS t- 767 J- Telephone Date de"( Oclolt?Ydt/07 ,,-. ~ 349 Homestead Avenue Waterbury CT 06705 October 29,2007 Commonwealth of Pennsylvania Department of Revenue Bureau of Collections and Taxpayer Services PO Box 281041 Harrisburg PA 17128-1041 Re: File Number 21 07 - 7000 Dear Revenue Representative: In reply to your letter, dated October 23,2007, I relay the following: 1.) Your publication, Instructionsfor Form Rev-1500, PA Inheritance Tax Return Resident Decedent, specifically states under the topic WHO MUST FILE, "An Inheritance Tax return must be filed for every decedent who has property which is or may be subject to tax." 2.) This same publication, under the topic TAX PAYMENTS AND CREDITS, SCHEDULE E, Cash, Bank Deposits, & Misc. Personal Property, paragraph 5, states, "For estates of decedents with a date of death after December 12, 1982, all life insurance policies on the life of the decedent, payable to the estate or to a named beneficiary, are exempt from Inheritance Tax." Considering these regulatory parameters, I conclude that I need not report to you; but, I voluntarily submit these statements of fact: 1.) Having conducted due diligence regarding my Father's financial status at the time of his death, November 13,2001, I learned that he died without property of any kind. His former attorney, Robert DiOrio, Esq., Media P A, informed me that Dad died without a will and that his estate was insolvent. 2.) On or about April 11, 2007, I was contacted by Michelle Lathrop, Claims Settlement Representative for National Life Insurance Company (NLI), Montpelier VT, and told that they desired to settle with me a life insurance policy, numbered 119902 - Lawrence Isaacs, purchased for my Dad by his former employer, H.H. Battles, Philadelphia P A. Her call was followed up with documentation explaining to me what was needed to provide closure. 3.) As sole survivor of my Father, Lawrence Isaacs, I satisfied NLI's necessary requirements for settlement of this claim. Mom divorced my father more than 1 thirty years before Dad died, and my only sibling, my brother Mark, died more than nine years before Dad died. I alone survive Dad. I stand on the facts of the literature defined by your offices in saying that I am not in any delinquent status. Neither I, nor anyone else, knew of this life insurance policy until this past April, several years after Dad's death. I also am not subject to Inheritance Tax as per your literature. I shall pay taxes on the interest earned while NLI pursued their search of me in order to make settlement on this policy. I am waiting for tax return Form 1041, for the year 2007 to be printed and made available to the public. I also fully intend to honor the filing required by Cumberland County - Register of Wills which they have informed me is due by November 13, 2007. Please close your file on this presumed, yet unfounded delinquency. I make myself available to your questions and/or comments during normal business hours. My office phone number is 203-837-8299. Respectfully, /0, I (\ (~Z~t rtft'/l~ Dean F. Isaacs cc: Cumberland County - Register of Wills 2