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HomeMy WebLinkAbout10-30-07 W I- ~ :!U) UO::~ wD..U :I:~ UD..1Il D.. c( z o j:: :5 ::) .... ii: <C () w a::: z o i= c( I- ::I D.. ::e o U >< <( I- 3W4645 1.000 ~EV-1500 EX;6-00) COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE DEPT. 280601 HARRISBURG, PA 17128-0601 OFFICIAL USE ONLY REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT FILE NUMBER ...lL COUNTY CODE -9L 1044 ___ YEAR NUMBER .... Z W C w () w C DECEDENT'S NAME (LAST, FIRST, AND MIDDLE INITIAL) TOOMEY JOHN DATE OF DEATH (MM-DD-YEAR) DATE OF BIRTH (MM-DD-YEAR) 11/8/2006 8/13/1925 (IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST, AND MIDDLE INITIAL) Genevieve E. Toomey [X] 1. Original Return D 4. Limited Estate 00 6. Decedent Died Testate (Attach copy of Will) D 9. Litigation Proceeds Received REGISTER OF WILLS SOCIAL SECURllY NUMBER H SOCIAL SECURllY NUMBER 195-16-3106 THIS RETURN MUST BE FILED IN DUPLICATE WITH THE .... z W Q Z o Q. U) W a:: a:: o o D 2. Supplemental Return D 3. Remainder Return (date of death prior to 12-13-82) D 4a. Future Interest Compromise (date of death after 12-12-82) D 5. Federal Estate Tax Return Required D 7. Decedent Maintained a Living Trust (Attach copy of Trust) L 8. Total Number of Safe Deposn Boxes D 10. Spousal Poverty Credn (date of death between 12-31-91 and 1-1-95) D 11. Elec1ion to tax under Sec. 9113(A) (Attach SchO) THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: NAME COMPLETE MAILING ADDRESS Richard C. Snelbaker FIRM NAME (If Applicable) Snelbaker & Brenneman,P.c. TELEPHONE NUMBER 717-697-8528 44 West Main Street Mechanicsburg,PA 17055 :--..J 1. Real Estate (Schedule A) (1) 0.00 0.00 0.00 0.00 31,328.41 0.00 (A.) en 2. StOCks and Bonds (Schedule B) (2) . '~-) 3. Closely Held Corporation, Partnership or Sole-Proprietorship (3) (--) w 4. Mortgages & Notes Receivable (Schedule D) 5. Cash, Bank Deposns & Miscellaneous Personal Property (Schedule E) (4) 1-: (5) 6. Jointly Owned Property (Schedule F) (6) o Separate Billing Requested 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (7) (Schedule G or L) 0.00 8. Total Gross Assets (total Lines 1-7) 10. Debts of Decedent, Mortgage Liabilnies, & Liens (Schedule I) (10) (8) 2,452.76 21,458.43 31,328.41 9. Funeral Expenses & Administrative Costs (Schedule H) (9) 11. Total Deductions (total Lines 9 & 10) (11) 23 ,911.19 7,417.22 0.00 12. Net Value of Estate (Line 8 minus Line 11) 13. Charitable and Governmental Bequests/See 9113 Trusts for which an elec1ion to tax has not been made (Schedule J) (12) (13) 14. Net Value Subject to Tax (Line 12 minus Line 13) (14) 7,417.22 SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under See. 9116 (a)(1.2) x .0 L(15) X.O 45 (16) x .12 (17) x .15 (18) (19) 0.00 333.78 0.00 0.00 333.78 16. Amount of Line 14 taxable at lineal rate 17. Amount of Line 14 taxable at sibling rate 18. Amount of Line 14 taxable at collateral rate 19. Tax Due 20. [K] > > BE SURE TO ANSWER ALL QUESTIONS ON REVERSE SIDE AND RECHECK MATH < < ~ , . Decedent's Complete Address: STREET ADDRESS 1 ~ark Road Silver Cumberland County CITY Mechanicsbur Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit 8. Prior Payments C. Discount STATE PA ZIP 17050- (1 ) 333.78 0.00 0.00 0.00 3. Interest/Penalty if applicable D. Interest E. Penalty Total Credits (A + 8 + C) (2) 0.00 0.00 0.00 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 Total Interest/Penalty (D + E) (3) 0.00 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (4) 0.00 (5) 333.78 A. Enter the interest on the tax due. (5A) 0.00 8. Enter the total of Line 5 + 5A. This is the BALANCE DUE. Make Check Payable to: REGISTER OF WILLS, AGENT (58) 333.78 PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" 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. 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 No ~ []j []j ~ Qj ~ ADDRESS Ronald Lee T SIGNATURE OF PREPA 904 16th Street, ADDRESS Richard C. Snelbaker, Esquire 44 West Main Street, Mechanicsburg,PA 17055 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. S 9916 (a) (1.1) (i)]. For dates of death on 0' 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. S 9116 (a) (1.1) (ii)J 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 0% [72 P.S. 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. S 9116(1.2) [72 P.S. 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. 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. 3W4646 1.000 ;REV-1508 EX + (6-98) COMMONWEALTH OF PENNSYlVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY ESTATE OF JOHN H. TOOMEY ITEM NUMBER DESCRIPTION Include the proceeds of litigation and the date the proceeds were received by the estate. All property jolnUy-owned with the right of survivorship must be disclosed on Schedule F. FILE NUMBER 21 06 1044 VALUE AT DATE OF DEATH 1 USAA subscriber savings account, #001013156 4,298.84 2 Sonoma GMC automobile 1994 4x4 truck, sale value 1,500.00 3 2006 Toyota RAV automobile sale value 20,000.00 4 M&T Bank certificate of deposit, account #031003915938434 5,088.16 5 Cash found in safe deposit box 441.41 3W46AD 1.000 TOTAL (Also enter on line 5, RecaDitulationl $ (If more space is needed, insert additional sheets of the same size) 31,328.41 - REV-1511 EX+(12-99) COMMONWEALTH OF PENNSYL VANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF JOHN H. TOOMEY SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS FILE NUMBER 21 06 1044 ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAl EXPENSES: 1. None B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Name of Personal Representative(s) Social Security Number(s) I EIN Number of Personal Representative(s) - - Street Address City State Zip Year(s) Commission Paid: 2. Attorney Fees Snelbaker & Brenneman, P.C 1,500.00 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 63.00 5. Accountant's Fees 6. Tax Return Preparer's Fees 7. 1 Cumberland Law Journal advertising Executor's Notice 75.00 2 Patriot News advertise Executor's Notice 287.76 Total from continuation schedules 527.00 TOTAL (Also enter on line 9, Recapitulation) $ 2 452.76 Debts of decedent must be reported on Schedule I. 3W46AG 1.000 (If more space is needed, insert additional sheets of the same size) - Estate of: JOHN H. TOOMEY 195-16-3106 Schedule H Part 7 (Page 2) 3 Register of Wills filing fee for Inheritance tax return 4 15.00 Register of Wills short certificates 5 Reserve reserve for filing fees, accounting fees and other miscellaneous costs associated with the administration of the decedent's estate 12.00 500.00 527.00 Total (Carry forward to main schedule) :REV-1512 EX + (12-03) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF JOHN H. TOOMEY SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS Report debts incurred by the decedent prior to death which remained unpaid as of the date of death, including unreimbursed medical expenses. FILE NUMBER 21 06 1044 ITEM NUMBER 1. DESCRIPTION VALUE AT DATE OF DEATH Susquehanna Valley Federal Credit Union Installment loan on Toyota RAV automobile 21,458.43 3W46AH 2.000 TOTAL (Also enter on line 10, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 21,458.43 ,REV-1513 ,EX+ (9-00) , . SCHEDULE J BENEFICIARIES COMMONWEALTH OF PENNSYL VANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF JOHN H TOOMEY NUMBER I RELATIONSHIP TO DECEDENT Do Not List Trustee(s) 1 NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 9116 (a) (1.2)] Ronald L. Toomey 904 16th Street New Cumberland, PA 17070 One Third of Residue: 2,472.41 Son 2 Patrick M. Toomey 2765 Nicole Avenue Kissimmee, FL 34744 One Third of Residue: 2,472.41 Son 3 Keith E. Toomey 27 Riverside Avenue Coxsackie, NY 12051 One Third of Residue: 2,472.41 Son FILE NUMBER 21 06 1044 AMOUNT OR SHARE OF ESTATE 2,472.41 2,472.41 2,472.41 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 I. JOHN H. TOOMEY. of the Township of Silver Spring, County of Cumberland and Commonwealth of Pennsylvania. being of sound and disposing mind. memory and understanding. do make. publish and declare this as and for my Last Will and Testament, hereby revoking and making void all former wills and codicils by me at any time heretofore made. FIRST. I order and direct that all my just debts and funeral expenses be paid by my Executrix, Executors or Executor, as the case may be. hereinafter named, as soon as conveniently may be done after my decease. SECOND. I give. devise and bequeath all the rest, residue and remainder of my Estate. real, personal and mixed, whatsoever and wheresoever situated unto my wife. JOYCE A. TOOMEY. absolutely and in fee simple, if she survives me THIRD. If my wife. JOYCE A. TOOMEY. should not survive me. and if all of my children. namely. RONALD L. TOOMEY. KEITH E. TOOMEY and PATRICK M. TOOMEY, have attained the age of twenty-two (22) years at the time of my death, then and in that event I give. devise and bequeath my entire Estate in equal shares unto my said children. share and share alike. absolutely and in fee simple. ould any of my said children predecease me and leave lawful issue to survive them. I order and direct that the share or part of my Estate which such decease child or children would have received hereunder had he or they survived me shall be distributed unto the issue of such deceased child or children per stirpes, said issue taking his. her or their deceased ancestor's or ancestors' share or shares hereunder by representation and not per capita. If. however. any of my said children are under the age of twenty-two (22) years at the time of my death and should they be otherwise entitled to receive my entire estate under the provisions of the paragraph immediately preceding hereinabove, then and in that event. I give. devise and bequeath my entire sai Estate unto COMMONWEALTH NATIONAL BANK of Harrisburg, Pennsylvania, as my LAW OFFICES SNELBAKER 8< ELICKER Trustee. in trust. nevertheless. to hold, invest and re-invest the same. to LAW OFFICES collect the income~ and after paying all expenses incident to the management of said trust~ to use and apply as much of the net income and principal thereof as may be necessary in the sole discretion of my Truste~ for the support, maintenance, care and education of such of my children as may be under the age of twenty-two (22) years, it being my will and intention to provide for each child who has not attained such age and who may be dependent and unemancipated (by reason of disability or full time attendance in a school) at ~he effective time hereof with the same or similar advantages and benefits during his depend- ency which I have provided to my older child or children together with the privilege of acquiring a college or other post-high school education; and upon the youngest of my children attaining the age of twenty-two (22) years~ I order and direct that the balance of principal and any accumulation of income remaining in the hands of the Trustee be distributed in equal shares unto my said children~ share and share alike. In the administration of my said Estate, I authorize and empower my said Trustee to keep and retain my personal residence for the use, welfare and con- venience of my son, PATRICK M. TOOMEY, it being my express wish and desire to allow my said son and his Guardians to use said residence as his home during his dependency. It is my express will and considered thought that my said Trustee should terminate any benefits under the foregoing trust for any child under the age of twenty-two (22) years who has by his personal conduct become independent, completed formal education or otherwise demonstrated his lack of dependency upon the funds under the management and control of the said Trustee. In addition to the foregoing directions and general discretion vested in my said Trustee~ the said children's persistent display of lack of personal initiative and industry shall be considered by my said Trustee as sufficient cause to discontinue the discretionary distribution provided hereinabove. It is my further express instruction and direction that all discretionary SNELBAKER II< ELICKER the attainment by each said child of age twenty-two (22) years, thus making payments hereinabove provided shall cease for each of my said children upon , , available the balance of said trust for use in the purposes set forth above for my younger child or children. LASTLY. I nominate. constitute and appoint my wife. JOYCE A. TOOMEY. to be the Executrix of this. my Last Will and Testament. but if for any re~son she should fail to qualify as such Executrix or cease so to serve. and if all of my children have attained the age of twenty-two (22) years. then and in that event. T nominate. constitute and appoint my son. namely. RICHARD LEE TOOMEY. to be the Executor hereof. each to serve without bond. If both of the above named individuals should fail to qualify as my personal representative hereunder or cease so to serve. then and in that ulti- mate event. I nominate. constitute and appoint COMMONWEALTH NATIONAL BANK of Harrisburg. Pennsylvania. to be the Executor of this. my Last Will and Testament. IN WITNESS WHEREOF. I. JOHN W. TOOMEY. have hereunto set my hand and seal to this. my Last Will and Testament which consists of three (3) typewritten pages to each of which I have affixed my signature this .:J t!) t.IJ day of J(),J{; A.D.. One Thousand Nine Hundred Eighty-eight (1988). The preceding instrument. con .- (SEAL) of this and two (2 typewritten pages. each identified by the signature of the Testator. was on the date thereo signed. sealed. published and declared by JOHN H. TOOMEY. the Testator therein named. as and for his Last Will and Testament, in the presence of us. who. at his request. in his presence. and in the our names as witnesses hereto. of each other. have subscribe ////XA/U_;- )11. -:;~ ~............... LAW OFFICES SNELBAKER a ELICKER f . COMMONWEALTH OF PENNSYLVANIA) COUNTY OF SS. CUMBERLAND) and the witneses>> respectively>> whose names are signed to the attached or fore- We, JOHN H. TOOMEY, RICHARD C. SNELBAKER and JANET M. FORRY, the Testator of the witnesses, in the presence and hearing of the Testator, signed the Will as his free and voluntary act for the purposes therein expressed, and that each Will and Testament and that he had signed willingly, and that he executed it authority that the Testator signed and executed the instrument as his Last going instrument, being first duly sworn>> do hereby declare to the undersigned as witness and that to the best of his or her knowledge the Testator was at that time eighteen years of age or older, of sound mind and under no constraint or undue influence. Witness 120 J /Ll ~ /'- )-11. ;Z (!J...JLJ'LII J ~ Wi tness , FORRY>> wi tnesses, this 30 <r1 day of and subscribed and sworn to before me by RICHARD C. SNELBAKER and JANET M. Subscribed, sworn to and acknowledged before me by JOHN H. TOOMEY, the Testator ~?C.-( , 1988. ~(J~u-J-u' ~ ~.b1rA Notary Public. CATHARINE E. BOUSUIf. NOTARY PUBLIC MECHA",CS8URG BORO. CUMBERLAND COUNTY MY COMMISSION EXPIRES FEB. 27, 1990 M~!Ilber. Pelllls)'!vania A~soeiatil)ry 01 'lo!3,fu LAW OFFICES BAKER & ELICKER