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HomeMy WebLinkAbout01-0616 JUL-02-01 03:54 PM I.r,;<':':; jf:" ~j" ~.~.. ~'" 'tf,l;,'. 1,\~f"'I)r.' j ';S' ~nfi~i1J ;'~~ZJ": ~~Adams ATTORNEY AT LAW 117 South Hanover Street Ca.rlisle, Pa.. 17013 Phone:(717j 245-8508 Fax:(717) 245-8538 www.adamslaw.net V1A FAX: 240-7797 July 2,2001 Mary C. Lewis, Register of Wilh; Cumberland County Courthouse Carlisle, Pa. 17013 Re: Will/name verification. Dear Mary: Please allO\\l this letter to confirm that William Bigler Stunkard also used the name of W. Bigler Stunkard during his lif~imc. He signed his name aSW. Bigler Stunkard on the codicil 11.17 -1997. Please amend the Petition to accuratelY':reflect the names used by Mr. Stunkard. Please also amend any other paperwork filed under the same case no. to renect this change, Thank you for your kind cooperation ar:.rl consideration in this matter. Please contact me if thcrc are an.~ questions regarding the abovc. Very tnlly yours, () ", .. ( J. - . ......-'l...-:_~~- /JA P.01 !,I PETITION FOR PROBATE and GRANT OF LETTERS Estate of. IN~ I hQVhg~/e,rShI,J<4nfNO. ~/-al-'If. also known as W. Bigler unkard To: Register of Wills for the I J Deceased. County of c.""u'?7!2er La VI C!. in the Social Security No. ) Ii ~ c:> 7 j ~~ 9 7 Commonwealth of Pennsylvania The petition of the undersigned respectfully represents that: . Your peti~ioner(s), who is/are 18 years of age or older an~execut r.~' III the last wIll of the above decedent, dated ~J rJ.r) (fO",:,-'_. J 1f' . and codicil(s) dated S - I;:::} -<'7'5- , . if - I 7. ~q7 named , 19~ (state relevant circumstances, e.g. renunciation, death of executor, etc.) Decendent was domiciled at death in C-o--n., I h '\ S last family or principal residence at ,,;). (list street, number and muncipality) Decendent, then ~ c:, ..rears of age, died ::r- u..... e.- cl I ,de 0 , at I\) -.Q.u) V) L' _ I ~. l I a.. '-\ \ Except as follows, decedent did not marry, was not divorced and did not have a child born or adopted after execution of the will offered for probate; was not the victim of a killing and was never adjudicated incompetent: Decendent at death owned property with estimated values as follows: (If domiciled in Pa.) All personal property (If not domiciled in Pa.) Personal property in Pennsylvania (If not domiciled in Pa.) Personal property in County Value of real estate in Pennsylvania situated as follows: $-175": oco I~ $ . $ $ WHEREFORE, petitioner(s) respectfully request(s) the probate of the last will and codicil(s) presented herewith and the grant of letters theron. '" 'Or h *:~; ~:~~/'lI !:~ j-}w~fl:/)~~::~'7.2 4/ ~p., ...'- ;:; 0 <il c: bIl (Jj ~ ~.~$;: Lv'(:l 1:>. P ~e~~A'. ~e)/' . <1 i.s I /b.... / 7~L2 OATH OF PERSONAL REPRESENTATIVE COMMONWEALTH OF PENNSYLVANIA ~ ss COUNTY OF Cunberland J The petitioner(s) above-named swear(s) or affirm(s) that the statements in the foregoing petition are true and correct to the best of the knowledge and belief of petitioner(s) and that as personal represen- tative(s) of the above decedent petitioner(s) will well and truly administer the estate according to law. ~ OQ' ::s l::l ~ ~ ~ ~o. 21-2001-616 Estate of WILLIAM BIGLER STUNKARD , Deceased a/k/a/ W. Bigler Stunkard DECREE OF PROBATE A~D GRA~T OF LETTERS AND NOW Juty 2nd. t~ ?'OOl, in consideration of the petition on the reverse side hereof, satisfactory proof having been presented before me, IT IS DECREED that the instrument(s) dated Codicil (1) 11-17-1997 , Ch'lir.il (?~ 1 18,1995 described therein be admitted to probate and filed of record as the last will of Will 1-18th,1 95 WILLIAM BIGLER STUNKARD. Fl /k I i'l TAT RIGLFR 5Tl~IK'\RI? and Letters 'TESTAMENTARY are hereby granted to BLANCHE ELIZABElli BAIN AND SYLVIA D.!_ ~m FEES Probate, Letters, Etc. ......... $ 235 .00 Short Certificates( 1J). . . . . . . . .. $ 30.00 Renunciation ................ $ Codicil (2) 10.50x2 21.00 Jc~ages TOTAL _ ~ 1~:~8 Filed .. .J:\lty. .2no,2P.Ql....... S. .303..00. JANE ELIZABETH ADAMS 79465# ATTORNEY (Sup. Ct. 1.D. No.) 117 S. HANOVER STREET ADDRESS CARLISLE, PA 17013 PHONE (717)245-8508 Call Attorney D'arie EliZabeth Adams HI05.805 REV 9/8(, This is to certifY that the information here given is correctly copied from an original certificate of death duly filed with me as Local Registrar. The original certificate will be forwarded to the State Vital Records Office for permanent filing. WARNING: It is illegal to duplicate this copy by photostat or photograph. No. a-.. ~R~" - Fee for this certificate, $2.00 p 7430579 JUN 2 5 JOOt ate 21-2001-616 '3 R.. 2117 COMMONWEALTH OF PENNSYLVANIA. DEPARTMENT OF HEALTH. VITAL RECORDS CERTIFICATE OF DEATH SEX SWE ''1.1 HU..... SOCIAl. SECURITY NUMBER IolARITALswua._ --.- t4.W-i.t:r 'l'c.D ""--""rr~'l FHlllk'01td ~,D 86 Vro COUNTY 0#' DERH ~IClv"" _..,.......ec.n." FA 7. We.-U4 T o.nneJr.y, ~ ~ MClLrrv NAME (U not~. gtve.... and numberl a.Mo.le. J. 186 - 07 3 Iitt.ACE OF DEAI'H fQ'tCII 0f'Iy or-. .. iMtJUCbOt"l on om. .. E-.-- 0 - - 177 09 .. l~ '-- : ClnMI MCI.... I : w.s CASE REFERRED TO MEDICAl. EXAM ... D _I: 0III0f~_--..._.... ..........'" lie -....._....'" PAIIT I. ~~ NoD I : d. WEAE AUTOPSY FINDINGS -...u; _ro COfl8'lETION 01 CAUSE OF DEATH? DUE 10 toR ASA CONSEOUENCE 01'): '/<4~ DUE rotoR AS A CONSEQUENCE 01'): _RDl'DEATH ......... ~ o o DATE OF INJURY 1_.00y. _, rIUE OF INJURV INJURv AT ~7 DESCRI8E HOWINJURY~D. YeoO ...~ - -- - p....... '-'ion o o o fltACEOFINJURV..................._.,I<IGfy.-. II. -.... ooe. ,Spec.I., _. 'lito 0 NoD Could NalN dMamuned -- -PRONCM tNCINQ AND ceRTWYtHQ PHYSICIAN (~bOth ;)eOl'lOuoclOQ (j8a1h Mld cerllfylng 10 cause gI death, "3 Te........otM~l&nowtedge. ...OCCw.............. date, and place. .nd......1O thee.......) aM manneu. ...IN................. ~ ..-- 'IIIEDlCAL EllAIlIHERlCORONER On the...... ".....un.lIon andIor 'n..,..tlpIion, U't my opinion. de_"" occurred at the time. elate, ~ place, and elueto the cauM(a) Mid ........... .tat.... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . l"..'AE~~~ .. ~7~ loi/d~/I /)1'1', _. c:mrr1PlUl1~.... _, -C8ITFtINQ PHYSICIAN (PhysaclM cer&llytng cause 01 dnIh when anothllf physIC"" Nt J)f~ dun1 ana CampIeIed Item 23) ........oflllyl&ftowleclge. .....occ...,.........c.uae(.'.ndm.nner......... ............................................. a. :14. / 21-2001-616 31iast lUil1 nub <!r~stam~nt I, William Bigler Stunkard, of 23 Fry town Road, Newville, Cumberland County, Pennsylvania, being of sound mind and memory, do make, publish and declare this my Last will and Testament, hereby revoking and declaring null and void any and all wills and codicils by me at any time heretofore made. FIRST: I direct my Executors to pay my just debts, the expenses of my last illness and my funeral expenses. SECOND: I give and bequeath all of my household goods, automobiles and purely personal effects, to my daughters, Blanche Elizabeth Hain and Sylvia D. Putt, as they shall mutually agree, if they survive me. In the absence of such agreement, the household goods shall be sold and the funds distributed in equal shares to my daughters, if they survive me. THIRD: I give, devise and bequeath all the rest, residue and remainder of my estate to my daughters, Blanche Elizabeth Hain and Sylvia D. Putt, and Farmers and Merchants Trust Company of Chambersburg, Chambersburg, Pennsylvania, IN TRUST, for the benefit of my daughters, Blanche Elizabeth Hain and Sylvia D. Putt. A. The Trustees shall pay the net income thereof in equal shares to my said daughters, for and during their lifetimes. Upon the death of either of my daughters, during the trust for their benefit, or should either of my daughters predecease me, one-half (1/2) of the assets of the trust, as it Page 1 of a Five-Page will is then constituted, or one-half (1/2) of this share of my estate, as the case may be, shall be distributed in equal shares among my following named grandchildren, namely, Kimberly K. Smith, Lori Propst, Elizabeth Ann Hain, Karen Lopez, William Putt, and Terrence Putt, if they are then surviving. Should any of my above-named grandchildren not be then surviving, his or her share shall be distributed to his or her issue, per stirpes, then surviving. B. Upon the death of the survivor of my daughters, her share shall be distributed equally among my following named grandchildren, Kimberly K. Smith, Lori Propst, Elizabeth Ann Hain, Karen Lopez, William Putt, and Terrence Putt, if they are then surviving. Should any of my grandchildren not be then surviving, his or her share shall be distributed to his or her issue, per stirpes, then surviving. I have not included my grandson, Richard E. Hain, in Subparagraphs A and B for a share of my estate for reasons which should be apparent to him. FOURTH: I direct my Executors to payout of the principal of my estate, all federal estate, state inheritance, estate and succession taxes imposed upon or with respect to my estate or any property in which I may have an interest, including any property not forming a part of my testamentary estate, but included in my gross estate for tax purposes, in such manner as my Executors, in their sole discretion, shall deem advisable; and no such taxes or any portion thereof so paid shall be collected from or paid by Page 2 of a Five-page Will any other person, persons, or corporations by way of reimburse- ment, proration, apportionment or otherwise. FIFTH: I name and appoint my daughters, Blanche Elizabeth Hain and Sylvia D. Putt, Executrices of this, my Last Will and Testament. Should either of my daughters fail to qualify or cease to act as Executrix, I name and appoint Farmers and Merchants Trust Company of Chambersburg, Chambersburg, Pennsylvania, as Co-Executor with my other surviving daughter. I direct that my personal representatives shall not be required to post bond for the faithful performance of their duties in this or in any other jurisdiction. SIXTH: Should any person entitled to a share of my estate be under the age of twenty-one (21) years at the time for distribution to him or her, I devise and bequeath the share of each such person to Farmers and Merchants Trust Company of Chambersburg, Chambersburg, Pennsylvania, IN SEPARATE TRUST, to hold, manage, invest and reinvest the share so received and the accumulation of income thereon and to use and apply the income or principal, or so much thereof as, in the Trustee's sole discretion, may be necessary or appropriate for the person's support and education, including college education, both graduate and undergraduate, without regard to his or her natural Guardian's ability to provide for such support or education, or to make paYment for these purposes without further responsibility to such person or to anyone taking care of such person. Any principal or income not so applied shall be distributed to such Page 3 of a Five-Page Will person absolutely when he or she attains the age of twenty-one (21) years. If the person dies before attaining age twenty-one (21), the trust shall terminate and such share shall be distributed to his or her personal representative. IN ~SS WHEREO~. reunto set my hand. .and s.e. al this / day o fLY , 1995. ~~ 'j ~ ~I / ' -' ,-/[, ';;t V . J . ~i 'iarf1igle tunkard WITNESS: ~~C" ~ /1. St~ ~ Page 4 of a Five-Page Will . . COMMONWEALTH OF PENNSYLVANIA SS. COUNTY OF FRANKLIN We, William Bigler Stunkard, Richard K. Hoskinson, and Linda N. Dickinson, the Testator and the witnesses, respectively, whose names are signed to the attached or foregoing instrument, being first duly affirmed, do hereby declare to the undersigned authority that the Testator signed and executed the instrument as his Last will and that he signed willingly, and that he executed it as his free and voluntary act for the purposes therein expressed, and that each of the witnesses, in the presence and hearing of the Testator, signed the will as witness and that to the best of their knowledge the Testator was at that time eighteen years of age or older, of sound mind and under no constraint or undue influence. t~-<<~i:l';A~~da#~i:!~(:J~j ~..' /?- Richard K. Hoskinson, Witness .j) - /I c::\ II' I ~YJ.~ Linda N. Dickinson, Witness Subscribed, affirmed, and acknowledged before me by William Bigler Stunkard, Testator, and subscribed and affirmed before me j~ Richard K. Hoskinson and Linda N. Dickinson, witn.esses, this ~ day of rlAN"~ ' 1995. . g ~ G4 PUBLIC I. . NOTARIAL SIAL ETeJ)'D L. SJareiner, Notary PDltc Bora of Cbambersburg, J.l'raDkJIu 00 My ~ "'- Fob. U.., Page 5 of a Five-Page Will Estate No: 21-2001-616 COdicils to my will dated January 18, 1995 If my daughters, Blanche Elizabeth Hain or Sylvia Darlene Putt predecease their husbands, Richard W. Hain or Lester Putt, the in- come that each has been receiving from my estate shall go to the surviving husband at the rate of $1000.00 per month until his death and before the principal of my estate is distributed to my grand- children. MY youngest grandchild, Richard Earl Hain, shall not inherit from my estate directly but what would have been his share, (1/7 ~f the estate) shall go to his daughter, Brittany Hain, my great grand- daughter. //'~ U~ (U. .- 2.' '. .' .t~1 uJ ~~-"' ") ?il4i~~~~ W.Blg1er St ard 0-<~ / ~ -- cr 0-.../ Date - ---- - ..- )- - . c!,ori4dJ ~ /1- j7-/q tt'7 ai/ tL ddiJv ~ ~ dAJvtA/t /~ ~ ./. ~ f~#~,~~ ~~~ ~~~... CuV U! ESTATE NO 21-2001-616 ;". 21-2001-616 REGISTER OF WILLS OF Cunberland COUNTY OATH OF SUBSCRIBING WITNESS Usrslf. fY\. t=>u-n- , ~) (BaCh) a subscribing witness to the will presented herewith, (each) being duly qualified according to law, depose(s) and say(s) that I was present and saw William Biqler Stunkard.a/k/a W. Bigler Stlmkarrl the testatnr , sign the same and that I signed as a witness at the request of testatnr in h is presence and (in the presence of each other) (in the presence of the other subscribing witness(es)). ~ Sworn to or affirmed and subscribed before + ~ me this 29th day of ~ (Name) 2001 ~.s- e A/cK 'Va,! 73d I"'" (~~ ~,,"'N(;.r/ ~ /7007 ~ . (Address) Register' r (Name) (Address) 21-2001-616 REGISTER OF WILLS OF Cunberland COUNTY OATH OF NON-SUBSCRIBING WITNESS 5:t/V/A U ~uT\ , (eBb) 1l-SUhsciber-her-ek),-fea~ being duly qualified according to law, depose(s) and say(s) that ~he is familiar with the signature o~i.am Bigler Shmkarrl, ajkta W. Blgler Stunkard codicil .,j) testat~ of (olJC::".:-@f the ~ib.ing,._v'itRe33C!.-tl@.) the '3IiIt. ~.~ ted herewith and ~ that She believes the signature on th~:' will ~s in the handwriting of William Bigler Stunkard,ajkja W.Biqler S~kard to the best of her knowledge and belief. /"7'''-u J iJ..;q1 d: (Name) .25' EA/cK ])N> &//"iv'l ~R./^,?~ Il / 'JOt:) 7 (Address) Sworn to or affirmed and subscribed before me this 29th day of June ~ 1!l'2001 ~ (! . I)~-tl~~ Ma . L~is R~~t Reg'ster of Wills (Name) (Address) ~ IN RE: ESTATE OF WILLIAM BIGLER STUNKARD : REGISTER OF WILLS OF : CUMBERLAND COUNTY, PENNSYLVANIA : NO. 616 of2001. CERTIFICATION OF NOTICE UNDER RULE 5.6(a) Name of Decedent: William Bigler Stunkard Date of Death: June 21, 2001. Will No. 616 of 2001. TO THE REGISTER: I certify that notice of beneficial interest required by Rule 5.6(a) of the Orphans' Court Rules was served on or mailed to the following beneficiaries of the above-captioned estate on: March 1, 2000. ~ Address William Putt 4126 Kittantinny Drive, Mechanicsburg, Pa. 17055 Lori Propst 2204 Autumnwood Drive, State College, Pa. 16801 Karen Lopez 14826 N. 50th Place, Scottsdale, Arizona, 85254 Elizabeth Meranto 14823 N. 51st St., Scottsdale, Arizona, 85254 Kimberly Smith 20 Los Alamitos Circle, Hanover, Pa. 17331 Terry Putt 178 Wilson Lane, Fayetteville, Pa. 17222 Brittany Hain 23 Frytown Road, Newville, Pa. 17241 Notice has now been given to all persons entitled thereto under Rule 5.6(a). Date:~ . U;; ~ 0 ) BY: J e .D. 11 uth Hanover St. Carlisle, Pa. 17013 (717) 245-8508 Counsel for Personal Representative. ".. ._~ RENUNCIATION. In Re Estate of William Bigler Stunkard, deceased. No 616 of 2001. To the Register of Wills of Cumberland County, Pennsylvania. Whereas, Farmers & Merchants Trust Company, of Chambersburg, Pennsylvania, was appointed by will dated January 18, 1995 as Trustee by the above-name decedent. Whereas, on this /C;"7:!:i. day of .{Sbr~2001, Farmers & Merc~ants Trust Company does hereby renounce the right to act as Trustee under the Last Will and Testament. WITNESS: {OU1u'fFtn~t.ifl Date: 1;)/19/0/ ATTEST: Date: 12(lq /0 I r- ":'7 - E: '~~L~! i:~~~ C) 1./;; 0.0) ow Q)a: ex: _(2.., cL~ Signature 5~ Vlt.-e. ~-(lI'~, .s.~ fJ.O.f3.0)( 60/0 fl.t:l/niJusJU7 1'1l/7;1..'>( Title, Address. ' '.-" <.,-'f ,,- .......... :, c~. :'--' ... ."~ .' rpmJ~ rt.~ Signature . 1Iss-b. Corpo,r&~(el;Lrr po. /3ox 6010 fiamhe/'sbHr// fJ/J /72<:>/ Title, Address. N Co-' i5 ..J '3 . .0 'j ..Cl .eE Ql- 06 is 217 REV-1500 EX (8-00) ". COMMONWEAL TH OF PENNSYlVANIA DEPARTMENT OF REVENUE DEPT. 280601 HARRISBURG, PA 17128-0601 REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT OFFICIAL USE ONLY <=- FILE NUMBER d.\ 01 (ollo COUNTY CODE YEAR NUMBER I- Z w fil o w o 187-07-1397 6/21/2001 THIS RETURN MUST BE FILED IN DUPUCATE WITH THE REGISTER OF WILLS w .... O~~ Wo..U U:r a1 9 ft:lll c( 01. 04. 06. 09. Lim~ed Estate Original Retum o 2. Supplemental Retum 04a. Future Interest Compromise (date of death after 12-12-82) o 7. Decedent Maintained a Living Trust (Attach copy of Trust) 010. Spousal Poverly Credit (date ordealh between 12-31-S1and 1-1-115) 03. 05. Remainder Return (dale of death prior to 12-13-82) Decedent Died Testate (Attach copy of Will) Federal Estate Tax Retum Required litigation Proceeds Received 8. Total Number of Safe Depos~ Boxes 011. Election to tax under Sec. 9113(A) (Attach Sch 0) I- Z W o Z ~ D:: o o COMPLETE MAILING ADDRESS 23 FRYTOWN ROAD NEWVILLE PA 17241 717-776-7929 1. Real Estate (Schedule A) (1) NONE 2. Stocks and Bonds (Schedule B) (2) 3. Closely Held Corporation, Partnership or Sole-Proprietorship (3) NONE 4. Mortgages & Notes Receivable (Schedule D) (4) NONE 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) (5) 6. Jointly Owned Property (Schedule F) (6) Z o Separate Billing Requested 0 i= 7. Inter-Vivos Transfer & Miscellaneous Non-Probate Property :5 (Schedule G or L) (7) NONE F= ~ 8. TOTAL GROSS ASSETS (total Lines 1-7) frl 9. Funeral Expenses & Administrative Costs (Schedule H) (9) D:: ~.r: 1~:8~7 ~ c. --;;:: $> ;:0 - N 945 1,384 ;2 ~ r',) v..J (8) 163,366 6,512 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) 10) NONE 11. TOTAL DEDUCTIONS (total Lines 9 & 10) (11) (12) 6,512 156,854 12. NET VALUE OF ESTATE (Line 8 minus Line 11) 13. Charijable and Govemmental Bequests/Sec 9113 Trusts for which an election to tax has not been made (Schedule J) (13) (14) o 156,854 14. Net Value Subject to Tax (Line 12 minus Line 13) SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate ,or transfers under Sec.9116 (a)(1.2) x .0 (15) 0 Z 0 156,764 .045 7,054 S 16. Amount of Line 14 taxable at lineal rate X (16) ir 17. Amount of Line 14 taxable at sibling rate x .12 (17) 0 :E 0 0 .15 ~ 18. Amount of Line 14 taxable at collateral rate x (18) 0 I- 19. Tax Due (19) 7,054 217 f)ecedent's Complete Address: W BIGLER STUNKARD NEWVILLE PA 17241-9706 Tax Payments and Credits: 1. 2. Tax Due (Page 1 Line 19) Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount (1) 7,054 3. Interest/Penalty if applicable D. Interest E. Penalty Total Credits (A + B + C ) (2) o 4. Total Interest/Penalty ( 0 + E ) 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 (3) o 5. (4) (5) (5A) (5B) AGENT 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. B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. 187-07-1397 o 7,054 7,054 1. Did decedent make a transfer and; a. retain the use or income of the property transferred; PLEASE ANSWER THE FOllOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS . . . . . . . . . . . . Yes o o o o o o 2. 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? If death occurred after December 12. 1982,did decedent transfer property within one year of death without receiving adequate consideration? . . . . . . . . . . . . . . . . . . . . . . Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? 3. 4. Did decedent own an Individual Retirement Account, annuity or other non-probate property which contains a beneficiary designation? . . . . . . . . . . . . . . . . . . . . . . . . . No o o o o o o ~ (!I,.}ff':&~ ~'4'~/ t~.u~ A t:::; / 23 FRYTOWN ROAD NEWVILLE PA 17241 BOILING SPRINGS PA 17007 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 PS. Section 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. Section 9116 (a)(1.1)(1i)]. 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. Section 9116(a)(1.2)]. 2/20/2002 The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 12% [72 PS. Section 9116(a)(1.3)] .A sibling is defined, under Section 9102, as an 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. Section 9116(1.2) [72 P.S. Section 9116(a)(1)]. individual who has at least one parent In common with the decedent, whether by blood or adoption. AT 2 REV;1503 EX + (1-97) (I) ... SCHEDULE B STOCKS & BONDS EStAtE 0 COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT I FILE NUMBEK W BIGLER STUNKARD All property jolntly-owned with right of survivorship must be disclosed on Schedule F. ITEM NUMBER 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. DESCRIPTION ML BANKING ADVANTAGE FEDERATED HIGH INCOME FUND CLASS B FEDERATED HIGH INCOME FUND CLASS B FRACTIONAL SHARE FEDERATED HIGH INCOME FUND CLASS A ING PILGRIM HIGH YIELD FUND CLASS B ING PILGRIM HIGH YIELD FUND CLASS B FRACTIONAL SHARE JOHN HANCOCK HIGH YIELD FUND CLASS B ML BOND FUND HIGH INCOME CLASS C ML BOND FUND HIGH INCOME CLASS C ML BOND FUND HIGH INCOME CLASS C FRACITONAL SHARE PUTNAM HIGH YIELD ADVANTAGE TRUST CLASS B PUTNAM HIGH YIELD ADVANTAGE TRUST CLASS B FRACTIONAL SHARE VALUE AT DATE OF DEATH 8,743 10,072 2 17,214 27,355 1 31 , 165 41,763 5 1 24,715 1 TOTAL (Also enter on line 2, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 161,037 AT REY-1508 EX + (1-97) (I) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESfAfE OF SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY I FILE NUMBER Indud.lI1. proceede of Iitig.tion .nd 111. d.t.lI1. proceede were received by 111. ..tot.. ALL PROPERTY JOINTLY-OWNED WITH THE RIGHT OF SURVIVORSHIP MUST BE DISCLOSED ON SCHEDULE F. ITEM NUMBER 1. DESCRIPTION PREPAID FUNERAL EXPENSES AND BURIAL PLOT VALUE AT DATE OF DEATH 945 TOTAL (Also enter on line 5, Recapitulation) $ lIf more space IS neecfea, Insen adcfitional sheets at the same sIze) 945 AT REV'1509 EX + (1-97) (I) E5TAIl: Of COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE F JOINTLY-OWNED PROPERTY FILl: NUMBl:R If an asset was made joint within one year of the decedent's date of death, It must be reported on Schedule G. SURVIVING JOINT TENANT(S) NAME ADDRESS RELATIONSHIP TO DECEDENT A. B ELIZABETH HAIN 23 FRYTOWN ROAD NEWVILLE PA 17241 DAUGHTER B. C. JOINTLY-OWNED PROPERTY: LETTER DATE DESCRIPTION OF PROPERTY %OF DATE OF DEATH ITEM FOR JOINT MADE Include name of financial institution and bank account number or similar Identlfyin9 number. DATE OF DEATH DECD S VALUE OF NUMBER TENANT JOINT Attach deed for iointlv-held real estate. VALUE OF ASSET INTEREST DECEDENTS INTEREST 1. A. CHECKING ACCOUNT, ADAMS COUNTY BANK 1,384 100.00% 1,384 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TOTAL (Also enter on line 6, Recapitulation) $ 1,384 (If more space is needed, insert additional sheets of the same size) AT REV-1511 EX + (1-97) (I) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTA I t: OF SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS Debts of decedent must be reDorted on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1. PREPAID FUNERAL EXPENSES AND PLOT 945 2. LINCOLN CEMETARY INTERNMENT 135 3. GORDON'S MEMORIAL 65 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. Attomey Fees 600 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant B ELIZABETH HAIN Street Address 23 FRYTOWN ROAD City NEWVILLE State PA Zip 17241 Relationship of Claimant to Decedent DAUGHTER 3,500 4. Probate Fees 330 5. Accountant's Fees 350 6. Tax Return Preparer's Fees 60 7. REV1500 FILING FEE 15 8. MEDICAL, AMBULANCE AND PERSONAL CARE 512 TOTAL (Also enter on line 9, Recapitulation) $ 6,512 (If more space is needed, insert additional sheets of the same size) 217 .. REV-1513 EX + (9-00) SCHEDULE J BENEFICIARIES COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTAIt: 0 W BIGLER STUNKARD 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. B ELIZABETH HAIN 23 FRYTOWN ROAD NEWVILLE PA 17241 DAUGHTER 50% 2. SYLVIA D PUTT 25 ENCK DRIVE BOILING SPRINGS PA 17001 DAUGHTER 50% 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 1. B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS 1. TOTAL OF PART 11- ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET $ 0 (If more space is needed, insert additional sheets of the same size) STATE OF PENNSYLVANIA COUNTY OF CUMBERLAND SHORT CERTIFICATE I, MARY C. LEWIS Register for the Probate of Wills and Granting Letters of Administration &c. in and for said County of CUMBERLAND do hereby certify that on the 2nd day of July A.D., Two Thousand and One, Letters TESTAMENTARY in common form were granted by the Register of said County, on the estate of STUNKARD WILLIAM BIGLER , late of UPPER FRANKFORD TOWNSHIP (LA::i'l', .to' .LJ:<.::i'l', IVl.LlJlJLt;) a/k/a STUNKARD W BIGLER in said county, deceased, to PUTT SYLVIA D (LA::i'l', .to' .LJ:<.::i'l', J.V1.LlJlJLt;) RAIN BLANCHE ELIZABETH (LA::i'l' , .to'.L J:<.::i'l, M.LlJlJLt;) and and that same has not since been revoked. IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed the seal of said office at CARLISLE, PENNSYLVANIA, this 9th day of July A.D., Two Thousand and One. File No. 2001-00616 PA File No. 21-01-0616 Date of Death 6/21/2001 Register S.S. # 186-07-1397 NOT VALID WITHOUT ORIGINAL SIGNATURE AND IMPRESSED SEAL H 105.905 REV.(09/00) This is to certifY that this is a true copy of the record which is on file in the Pennsylvania Division of Vital Records m accordance with~Act 66, P.L. 304, approved by the General Assembly, June 29, 1953. WARNING: It is illegal to duplicate this copy by photostat or photograph. C\~s,~/~. Robert S. <ZirJnerman, Jr., MPH Secretary of Health Charles Hardester State Registrar No. ~)/~ 1829954 JUL 1 7 2001 Date H1OS. TQ Rev_ 2117 1 COMMONWEALTH Of PENNSYLVANIA' DEPARTMENT Of HEALTH' VITAL RECORDS CERTIFICATE OF DEATH TYPE/PAINT '" PERMANENT BlACK INK d/ sex STATE FilE *-,M8E:R SOCIAL SECURITY NUMBER DAlE OF OEAJH,McMl. 0..,. ..... .. Male '.186 - 07 "6-Z1-Z001 86 V<S. BJRTHPlACE (C.ty iW'od Pl.ACE OF DEATH IC~ 0f\Iy IY'e .... 'nsIrucloofts on OCher JIOII' SlaIeorFcreqnCounavl PA HOSPITAL .. 5 - Z 4 - 191 5 7. We.f..t6 T annVr.y, :-'- f4J E""'-._ 0 FACIUTY NAME (II nol~. gr.oe street and nurnaetl '710. ... -- Iivein. CwnbVc..f.and -' "..0 :....""=".':::'.. MOTHeR'S NAMe iF... Moddte. Malden &lnamel ,~C. E.f.izabeth S ow.f. INFORMANTS MAILING AOORESS (SIr..... at.,rrown. &.Ie. Lip ~ a23 Fk Town Road Newvi.f..f.e PA 17Z41 PlACE OF OISPOSrTKlH. Name or~, \?emIIIOfV LOCRlON. Oyfbfn, s.... Z'lPCode o<ou.-Ckemation Soc.-<.ety on .... PA Cltematolty ....HAM.L6bUJr.g, PA 17109 N....ANDAllORESSOFF~kemation Soc.i.eW Q~ PA ....4100 Jone-6town Kd. Ha./tk-t-6bUJr. 1';8. 171 09 UCENSE NUMBER DATE SIGNED (MonltI,o.v. 'lUJ MARITAL STATUS - Malrried N..,., MarriN. WldDwed. -- ,..W.i.dowed "..0 ....._....""rpOh ~O RACE. Amencan IndiM, BIKk. While... '_I ,I. Wh.i.te SURVMNG SPOUSE I"'" ~ maodIln n.met COUNTY OF OERH . .. CwnbVc..f.and DECEDENT'S USUAL OCCUPR1OH (Gi....Iund~WOl'k~::::t~ Re-6~~n1""OWneAl k'u..6tMd K.ttc.hen 11L 11~ DECEDENT'S MAIUNG ADOAESS (Str.... Cify/bwn.~. Zip Code) Z3 Fky Town Road Newvi.f..f.e, PA 17Z41 ,I. FRHER'S NAME (First Mi<kIe, l_1 '0. A.f. ked StunkMd INFORMANT'S NAME (T ypMJrinl) ~-6. Betty Ha.i.n METHOOOF DISPOSITION O _0 c<_...~ __0,...0 - ""*- "L - _. ~ ~ e M c ~ w ~ z _. the bnI 01 my knowtedge. dealh occurr~ ill the lime, dale and place Slated "'eanclTillel NoD c w on :J .. C ::; C ~~~ 2d. I~te :=-== I : 0tNI19Mf\canI c:ondiIione ~ IOdHth, buI nolI~inlNundeftyingC*UMQMninAUn'1. .. l( ,. d. WERE AUlOPSY FINDINGS JUJlA8LE PAtOR 10 COMPLETtOH OF CAUSE OF OERH7 DUE 10 (OR AS A CONSEOuENCE OF): .~/~ DUE 1O(OA AS "'CONSEOUENCE Of}: MANNER Of OEATH NaOwol g/' o o DATE OF INJURY (MontI'l, Day, '1Ur1 TIME OF INJURY INJURY AT lNORK7 DESCRIBE t'tCNIlNJURY OCCURRED, Homicide [] o o ~E OF INJURY. AI home. la';~INI. l.1.dOl"y. office buikIing..u:.ISpec,tv) _. .... 0 NoD ....... PMdino lrwesIig.Ibon _0 Noff Suicide C04Jtd noli be delermlned [] iJd //1 /) 2. 't' ( .... ..... CERTIFlER ICheck only one) "CERTW'nNG PHYSICIAN (Ph'fSlC*' cMlfytng causa 01 death wI'l.... at'OII1er Ohvsc.an hilS prooounced dea&n ana comOleted nem 231 To... beet of M, llnowtedQe, ct.attl oc:cu"," due to.... cauMfs. Ind manner ae s~ed. 20. 'PRONOUNClNG AND CERTIFYING PHYSICIAN (Physrc...... bon, ;Jf:)l'lounc,ng aeath and certlfytrlO 10 cause 01 dealh\ Tothe tMet ot 1ft, kf'tOvrledgft, dealhoccurred.1 the dme, date, and plac;e, and dlNllo IhecluMjl,and m.nn.,.. sl.led [] OMEDtCAL EXAMINER/CORONER On 1he hele of ..amin.1Ion and/or Invesligalion, in my opinion, death occurred at the lime, date, and place, and due to lhe cause(s) and manneraa.t.1ed..... ..... .... ........ ...,. '.' .. ....... ...................,. ..... .,.... ....., ..... ..........,.. 3h. o 'S SIGNATU~N~YJl.;" /'-r:: 7~~~. /.' ,., I~/d~/I >C. COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES DEPT. 280601 HARRISBURG, PA 17128-0601 REV-1162 EX(11-96) RECEIVED FROM: PENNSYLVANIA INHERITANCE AND ESTATE TAX OFFICIAL RECEIPT HAIN BLANCHE ELIZABETH 23 FRYTOWN ROAD NEWVILLE, PA 17241 _nn___ fold ESTATE INFORMATION: SSN: 186-07 -1397 FILE NUMBER: 2101-0616 DECEDENT NAME: STUNKARD WilLIAM BIGLER DATE OF PAYMENT: 03/12/2002 POSTMARK DATE: 00/00/0000 COUNTY: CUMBERLAND DATE OF DEATH: 06/21/2001 NO. CD 000945 ACN ASSESSMENT CONTROL NUMBER AMOUNT 101 I $7,054.00 I I I I I I I I TOTAL AMOUNT PAID: REMARKS: CHECK# 116 SEAL INITIALS: JA RECEIVED BY: REGISTER OF WILLS $7,054.00 MARY C. LEWIS REGISTER OF WILLS 16-c2~C - p COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES ~ INHERITANCE TAX DIVISION "'v OrPT. 280601 .' HARRISBURG, PA 17128-0601 NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX DArE ESTATE OF DATE OF DEATH FILE NUMBER P .JQ1.J~TY ACN B ELIZABETH HAIN 23 FRVTOWN RD NEWVILLE '02 {,Pi< ;2 9 PA 17241 \~. Cl:i 04-22-2002 STUNKARD 06-21-2001 21 01-0616 CUMBERLAND 101 '* IEV-1541 EX AFP (01-D2I WILLIAM B Allount Rellitted (1) (2) (3) (4) (5) (6) (7) .00 161. 037.00 .00 .00 945.00 1.384.00 .00 MAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 CUT ALONG THIS LINE ~ RETAIN LOWER PORTION FOR YOUR RECORDS ~ REV =is4-j-i3f-AFP--coY:02Y-NoTici--oF-YNHiifiTAifcE-TAx-jrpPRjrisii'-ENT~--AL1-owANcE-oR-------------- --- DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX ESTATE OF STUNKARD WILLIAM B FILE NO. 21 01-0616 ACN 101 DATE 04-22-2002 TAX RETURN WAS: ( ) ACCEPTED AS FILED ( X) CHANGED SEE ATTACHED NOTICE RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. Real Estate (Schedule A) 2. Stocks and Bonds (Schedule B) 3. Closely Held Stock/Partnership Interest (Schedule C) 4. Mortgages/Notes Receivable (Schedule D) 5. Cash/Bank Deposits/Misc. Personal Property (Schedule E) 6. Jointly Owned Property (Schedule F) 7. Transfers (Schedule G) 8. Total Assets APPROVED DEDUCTIONS AND EXEMPTIONS: 9. Funeral Expenses/Adm. Costs/Misc. Expenses (Schedule H) 10. Debts/Mortgage Liabilities/Liens (Schedule I) 11. Total Deductions 12. Net Value of Tax Return 13. Charitable/Governllental Bequestsj Non-elected 9113 Trusts (Schedule J) 14. Net Value of Estate Subject to Tax NOTE: (9) (10) 6,512.00 .00 (8) NOTE: To insure proper credit to your account, subllit the upper portion of this forll with your tax paYllent. 163,366.00 6.512 00 156,854.00 .00 156,854.00 If an assessment was issued previously, lines 14, 15 and/or 16, 17, 18 and 19 will reflect figures that include the total of ALL returns assessed to date. ASSESSMENT OF TAX: 15. Allount of Line 14 at Spousal rate (15) 16. Allount of Line 14 taxable at Lineal/Class A rate (16) 17. Amount of Line 14 at Sibling rate (17) 18. Allount of Line 14 taxable at Collateral/Class B rate (18) 19. Principal Tax Due TAX CREDITS: . ~"'_n. ..---.. l+J AMOUNT PAID DATE NUMBER INTEREST/PEN PAID (-) 03 12-2002 CDOO0945 .00 7,054.00 INTEREST IS CHARGED THROUGH 05-07-2002 TOTAL TAX CREDIT 7,054.00 AT THE RATES APPLICABLE AS OUTLINED ON THE BALANCE OF TAX DUE 4.43 REVERSE SIDE OF THIS FORM INTEREST AND PEN. .03 TOTAL DUE 4.46 · IF PAID AFTER DATE INDICATED, SEE REVERSE FOR CALCULATION OF ADDITIONAL INTEREST. Ul) (12) (13) (4) .00 156,854.00 .00 .00 X 00 = X 045 = X 12 = X 15 = (19)= .00 7,058.43 .00 .00 7,058.43 IF TOTAL DUE IS LESS THAN $1, NO PAYMENT IS REQUIRED. IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR), YOU HAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.) RESERVATION: Estates of decedents dying on or before Dece.ber 12, 1982 -- if any future interest in the estate is transferred in possession or enjoy.ent to Class B (collateral) beneficiaries of the decedent after the expiration of any estate for life or for years, the Co.-onwealth hereby expressly reserves the right to appraise and assess transfer Inheritance Taxes at the lawful Class B (collateral) rate on any such future interest. PURPOSE OF NOTICE: To fulfill the requirements of Section 2140 of the Inheritance and Estate Tax Act, Act 23 of 2000. (72 P.S. Section 9140). PAYMENT: Detach the top portion of this Notice and sub.it with your pay.ent to the Register of Wills printed on the reverse side. --Make check or money order payable to: REGISTER OF HILLS I AGENT REFUND (CR): A refund of a tax credit, which was not requested on the Tax Return, may be requested by co.pleting an "Application for Refund of Pennsylvania Inheritance and Estate Tax" (REV-1313). Applications are available at the Office of the Register of Wills, any of the 23 Revenue District Offices, or by calling the special 24-hour answering service for forms ordering: 1-800-362-2050; services for taxpayers with special hearing and I or speaking needs: 1-800-447-3020 (TT only). OBJECTIONS: Any party in interest not satisfied with the appraise.ent, allowance, or disallowance of deductions, or assess.ent of tax (including discount or interest) as shown on this Notice must object within sixty (60) days of receipt of this Notice by: --written protest to the PA Department of Revenue, Board of Appeals, Dept. 281021, Harrisburg, PA 17128-1021, OR --election to have the .atter determined at audit of the account of the personal representative, OR --appeal to the Orphans' Court. ADMIN- ISTRATIVE CORRECTIONS: Factual errors discovered on this asses~ent should be addressed in writing to: PA Depart.ent of Revenue, Bureau of Individual Taxes, ATTN: Post Assess.ent Review Unit, Dept. 280601, Harrisburg, PA 17128-0601 Phone (717) 787-6505. See page 5 of the booklet "Instructions for Inheritance Tax Return for a Resident Decedent" (REV-1501) for an explanation of administratively correctable errors. DISCOUNT: If any tax due is paid within three (3) calendar .onths after the decedent's death, a five percent (57.) discount of the tax paid is allowed. PENALTY: The 157. tax a.nesty non-participation penalty is co.puted on the total of the tax and interest assessed, and not paid before January 18, 1996, the first day after the end of the tax a.nesty period. This non-participation penalty is appealable in the same manner and in the the sa.e time period as you would appeal the tax and interest that has been assessed as indicated on this notice. INTEREST: Interest is charged beginning with first day of delinquency, or nine (9) months and one (1) day from the date of death, to the date of pay.ent. Taxes which became delinquent before January 1, 1982 bear interest at the rate of six (67.) percent per annum calculated at a daily rate of .000164. All taxes which became delinquent on and after January 1, 1982 will bear interest at a rate which will vary fro. calendar year to calendar year with that rate announced by the PA Department of Revenue. The applicable interest rates for 1982 through 2002 are: Year Interest Rate Daily Interest Factor Year Interest Rate Daily Interest Factor 1982 207. .000548 1992 97. .000247 1983 167. .000438 1993-1994 77- .000192 1984 117. .000301 1995-1998 97. .000247 1985 137. .000356 1999 77- .000192 1986 107. .000274 2000 87. .000219 1987 97. .000247 2001 97. .000247 1988-1991 117. .000301 2002 67. .000164 --Interest is calculated as follows: INTEREST = BALANCE OF TAX UNPAID X NUKBER OF DAYS DELINQUENT X DAILY INTEREST FACTOR --Any Notice issued after the tax beco.es delinquent will reflect an interest calculation to fifteen (15) days beyond the date of the assessment. If payment is made after the interest computation date shown on the Notice, additional interest must be calculated. REV-'470 EX (6-88) . ~ .. '* INHERITANCE TAX EXPLANATION OF CHANGES COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES DEPT. 280601 HARRISBURG PA 17128-0601 DECEDENTS NAME WilLIAM B STUNKARD FILE NUMBER REVIEWED BY John Kealy ACN 2101-0616 101 ITEM SCHEDULE NO. EXPLANATION OF CHANGES The value of the estate has been adjusted as the result of the correction of an error in arithmetic. ROW Page 1 = ... .. , 0 .. :E I- ... C ~ c 1-1 I- = ...I Z ~ ...I III 1-1 :E S 3 ~ Do UJ I- en H :::I :E 0 N '0 III :c .-l >Dt::l CD Cl Cl .-lZ ... a: ....,.., , Clt::l Cl >DC ... NQ:::NCl...l ,04 R Q:::.-l Ii Z en :::ICl I C 1 I Q::: CD C ...10.... N~.-l.-lUJ lIl: NZNCl= ~ ...IU.-l (I) ... III 1-1 1:::11 :E.-l & 30 R ..:r....>D.-l:::lCl ...I a: W ClenClNU.-l : UC 0 U Ii ~ U. Q.. U C ~~ .c ~ 0 t::l H ::c Z .. III Z ~I- I- Do Q:::CUJ a: C ...I'" Ca: UJ...I...I a: >11I )(...10 11I11I ~ ....Q:::en ...I:=>> .c.c ILRIIt U enUJI-I :=>> >-Z 1-11I1- o :E III 1-1=...1 0 (1)11I MZ IL:=>> C!):EQ::: >- Z> wQW IIIOZ>- ::c UJ:::IC ZIII ~lIl:~ III!CIIIIIIlZ U Q:::UU a: ilia: .cOlli III 0 Do I- W !CI-I-...I:=>>Z IL MwlII ~ IL lIl:UIII (l)CHOU C Z ILO wz.c RIIIRILUC :E 0 :c.c 0 I- z~Q H ::CZ MOZ I- ...I.c 1-11I ......1 a: ...I:E O.clll 0 CI- Z Do W ..0 ilia: UI-M a: 3C MZI- ZDo I-WU III 011I oJ::;) 3 :ER ZWQ -D 0 IIIW :E ~Q \"~ ...I 0 U lIl:'" Z D..O H D.. ,-....(.. .c '+"- C I- 0 .-l III f"l ..:r a: N e::: .... n.. .-l ~ 1 C Q... t3z r'- ,>" ~ III . 1-1 . .... W C ,. "'\ t'" )( J...... .c :Ct::l I- Q::: III ...Iz ... :c Z co ....z H .co >D UJ3 ...I :;)... co QUI I =oUJ 104'" .. c.......I (I) >> N M~ ... N>...I H ... I-IQ:::I-I ::c !Ix ... ...Iu.> I- MC C UJ 3 I- D- c:>> ... ,..,UJ "" LL1r:1 .. OU>DCll =NZ Z zcolll: 0 .C"::I ...I I-N... ... UI C Ill: .... !f~~! I- iiz~c ..."':; :=>> U . OD /'11 '" /'11 OD < > ... .... 0 Z .. /'11 , .. .... , III , .... . II . .. D . 0 . ... , a. , II n , II 1 a. II , ::I , .... .... , a. i '" , ... I ::I ~Ill .0 I ::I , 0 . ., I I CT I II ... , 0 ., 'II 0 . II . n II .. CT II ., , .. N " .. '" ,DO 'N I I .... ... III ::I .", .... 'r: .... r: .., II ... .::1 .... II .., II .. ..... ... ::I ..... '::J" II II .. .... 'III .... II ... .. .... ., III ::I .. ... II ., ., lD a. X ~ \ \i ~-, t{~-- '..' x; .- \~6".;"~.,, "'~.., c::: _ . a '<:t ..... . <'l ~"'Or--- ..c:::~_ "Q)c::: ~~~ NO :.:::: E- .st ~~~ t:QM~ . <'l Q) rn Z ::E - .. - - - ...... - - - - ::::: -= "': :; - -::: .. - = - - - ...:;' - "':. - - - - '\<) "- ,~ " f';' ,'oJ ,:,) f') " .::j I. ..... o r.. ..... 1 COMMONWEALTH OF PENNSYLVANIA OEPARTMENT OF REVENUE BUREAU OF INOIVIOUAL TAXES DEPT. 280601 HARRISBURG, PA 17128-0601 REV-1162 EX(11-96) RECEIVED FROM: PENNSYLVANIA INHERITANCE AND ESTATE TAX OFFICIAL RECEIPT HAIN BLANCHE ELIZABETH 23 FRYTOWN ROAD NEWVILLE, PA 17241 _h_____ fold ESTATE INFORMATION: SSN: 186-07-1397 FILE NUMBER: 2101-0616 DECEDENT NAME: STUNKARD WILLIAM BIGLER DATE OF PAYMENT: 04/30/2002 POSTMARK DATE: 04/29/2002 COUNTY: CUMBERLAND DATE OF DEATH: 06/21/2001 NO. CD 001126 ACN ASSESSMENT CONTROL NUMBER AMOUNT 101 I $4.46 I I I I I I I I TOTAL AMOUNT PAID: REMARKS: B ELIZABETH HAIN CHECK# 119 SEAL INITIALS: AC RECEIVED BY: REGISTER OF WILLS $4.46 MARY C. LEWIS REGISTER OF WILLS /h .(;)-</,C -)? \ BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX DIVISION DEPT. Z80601 HARRISBURG, PA 171Z8-0601 COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE INHERITANCE TAX STATEMENT OF ACCOUNT '* REV-1U7 EX AFP (Ul-OZI '02 !JJj\Y 31 p j :52 DATE ESTATE OF DATE OF DEATH FILE NUMBER COUNTY ACN 05-28-2002 STUNKARD 06-21-2001 21 01-0616 CUMBERLAND 101 WILLIAM B B ELIZABETH HAIN 23 FRYTOWN RD NEWVILLE PA 1 t~~L~ Allount Rellitted MAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 NOTE: To insure proper credit to your account, subllit the upper portion of this forll with your tax paYllent. CUT ALONG THIS LINE ~ RETAIN LOWER PORTION FOR YOUR RECORDS ~ R'EV:i6'fj-E3r-AFP--foY:02y------...--iNiriiITANc'E--fA3r-STA-fEM'E-tif-ifF'-Aifcouiff--...------------------ --- ESTATE OF STUNKARD WILLIAM B FILE NO. 21 01-0616 ACN 101 DATE 05-28-2002 THIS STATEMENT IS PROVIDED TO ADVISE OF THE CURRENT STATUS OF THE STATED ACN IN THE NAMED ESTATE. SHOWN BELOW IS A SUHHARY OF THE PRINCIPAL TAX DUE, APPLICATION OF ALL PAYMENTS, THE CURRENT BALANCE, AND, IF APPLICABLE, A PROJECTED INTEREST FIGURE. DATE OF LAST ASSESSMENT OR RECORD ADJUSTMENT: 04-22-2002 PR I NC I P AL TAX DUE: ......................................................................................................................................................................................................................... 7,058.43 PAYMENTS (TAX CREDITS): PAYMENT RECEIPT DISCOUNT (+) AMOUNT PAID DATE NUMBER INTEREST/PEN PAID (-) 03-12-2002 CDOO0945 .00 7,054.00 04-29-2002 CDOO1l26 .03- 4.46 TOTAL TAX CREDIT 7,058.43 BALANCE OF TAX DUE .00 INTEREST AND PEN. .00 . IF PAID AFTER THIS DATE, SEE REVERSE TOTAL DUE .00 SIDE FOR CALCULATION OF ADDITIONAL INTEREST. ( IF TOTAL DUE IS LESS THAN $1, NO PAYMENT IS REQUIRED. IF TOTAL DUE IS REFLECTED AS A "CREDIT"" (CRJ, YOU MAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS. J PAYMENT: Detach the top portion of this Notice and subllit with your paYllent lIade payable to the name and address printed on the reverse side. If RESIDENT DECEDENT make check or 1I0ney order payable to: REGISTER OF WILLS. AGENT. If NON-RESIDENT DECEDENT .ake check or 1I0ney order payable to: COMMONWEALTH OF PENNSYLVANIA. REFUND (CR): A refund of a tax credit, which was not requested on the Tax Return, lIay be requested by cOllpleting an ftApplication for Refund of Pennsylvania Inheritance and Estate Taxft (REV-1313). Applications are available at the Office of the Register of Wills, any of the 23 Revenue District Offices or froll the Departllent's 24-hour answering service for forlls ordering: 1-800-362-2050; services for taxpayers with spacial hearing and I or speaking needs: 1-800-447-3020 (TT only). REPLY TO: Questions regarding errors contained on this notice should be addressed to: PA Departllent of Revenue, Bureau of Individual Taxes, ATTN: Post Assessment Review Unit, Dept. 280601, Harrisburg, PA 17128-0601, phone (717) 787-6505. DISCOUNT: If any tax due is paid within three (3) calendar months after the decedent's death, a five percent (57-) discount of the tax paid is allowed. PENALTY: The 157- tax amnesty non-participation penalty is computed on the total of the tax and interest assessed, and not paid before January 18, 1996, the first day after the end of the tax allnesty period. INTEREST: Interest is charged beginning with first day of delinquency, or nine (9) 1I0nths and one (I) day froll the date of death, to the date of paYllent. Taxes which becalle delinquent before January I, 1982 bear interest at the rate of six (67-) percent per annum calculated at a daily rate of .000164. All taxes which be calle delinquent on and after January I, 1982 will bear interest at a rate which will vary from calendar year to calendar year with that rate announced by the PA Department of Revenue. The applicable interest rates for 1982 through 2002 are: Year Interest Rate DailY Interest Factor Year Interest Rate Daily Interest Factor 1982 207- .000548 1992 97- .000247 1983 167- .000438 1993-1994 n .000192 1984 117- .000301 1995-1998 97- .000247 1985 137- .000356 1999 n .000192 1986 107- .000274 2000 87- .000219 1987 97- .000247 2001 97- .000247 1988-1991 117- .000301 2002 67- .000164 --Interest is calculated as follows: INTEREST = BALANCE OF TAX UNPAID X NUNBER OF DAYS DELINQUENT X DAILY INTEREST FACTOR --Any Notice issued after the tax becolles delinquent will reflect an interest calculetion to fifteen (IS) deys beyond the date of the assessment. If peYllent is lIade efter the interest cOllputation date shown on the Notice, edditionel interest IIUSt be celculeted. COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION NO. 21-01-0616 EST A TE OF WILLIAM BIGLER STUNKARD, DECEASED AND TRUST UNDER WILL OF WILLIAM BIGLER STUNKARD -------------------------------------------------- -------------------------------------------------- FIRST AND FINAL ACCOUNT OF BLANCHE E. HAIN AND SYLVIA D. PUTT, CO-EXECUTRIXES AND FIRST AND PARTIAL ACCOUNT OF BLANCHE E. HAIN AND SYLVIA D. PUTT, CO-TRUSTEES Date of Death: June 21, 2001 Date of Executor's Appointment: July 2,2001 Date of First Advertisement of Letters: August 4, 2001 Accounting for the Period: June 21,2001 to December 31, 2002 Purpose of Account: Blanche E. Hain and Sylvia D. Putt, Co-Executrixes and Co-Trustees, offer this account to acquaint interested parties with the transactions that have occurred during the administration of the estate from June 21, 2001, through July 15, 2002, as of which date the transfer of all assets of the estate to the trust was completed, and subsequently the administration of the trust through December 31, 2002. It is important that the account be carefully examined. Requests for additional information or questions or objections can be discussed with: Stephen L. Bloom, Esquire Attorney Identification No. 49811 Stephen L. Bloom, Attorney and Counsellor at Law 2100 Longs Gap Road Carlisle, P A 17013 717/249-7717 GROSS ESTATE (Principal Receipts + Income Receipts) 180,050.35 SUMMARY OF ACCOUNT Estate of William Bigler Stunkard, Deceased For Period of 06/21/2001 through 12/31/2002 Page Proposed Distributions to Beneficiaries PRINCIPAL Receipts: Per Inventory Filed This Account 1 Net Gain (or Loss) on Sales or Other Disposition 2 Less Disbursements: Debts of Decedent 3 Funeral Expenses Administration Expenses Federal and State Taxes 3 Fees and Commissions Family Exemption 4 Balance before Distributions Distributions to Beneficiaries Principal Balance on Hand 5 For Information: Investments Made 6 Changes in Investment Holdings 7-8 INCOME Receipts: This Account 9-13 Net Gain (or Loss) on Sales or Other Disposition Less Disbursements 14 Balance Before Distribution Distributions to Beneficiaries 15-16 Income Balance on Hand 17 Investments Made Changes in Investment Holdings 18-19 20 COMBINED BALANCE ON HAND Current Value 0.00 --------------- --------------- 835.80 0.00 0.00 7,058.46 0.00 3,500.00 Fiduciary Acquisition Value 0.00 --------------- --------------- 163,435.51 (4,515.91) 158,919.60 11 , 394 . 26 147,525.34 0.00 147,525.34 16,614.84 0.00 16,614.84 1,851.43 14,763.41 11,317.27 3,446.14 150,971.48 --------------- --------------- 09/18/02 08/31/01 10/02/01 01/25/02 08/31/01 08/31/01 08/31/01 08/31/01 08/31/01 08/31/01 SCHEDULE A RECEIPTS OF PRINCIPAL CASH: Funds Received ML Banking Advantage, Acct. 11697-23835 Tax Rebate Transfer from Acct. 11697-19239 STOCKS/LISTED: 1,242 shares Federated High Income Bond Fund, CL B 2,120 shares Federated High Income Bond Fund CL A 7,536 shares ING Pilgrim High Yield B 6,296 shares John Hancock High Yield Bond Fund CL B 7,866 shares Merrill Lynch Bond Fund High INC PT C 4,092 shares Putnam High Yield Advantage Trust Class B 19.39 11,209.00 300.00 578.68 10,122.30 17,278.00 27,581. 76 30,409.68 41,139.18 24,797.52 TOTAL RECEIPTS OF PRINCIPAL............... -1- Fiduciary Acquisition Value 12,107.07 151,328.44 163,435.51 SCHEDULE B GAINS AND LOSSES ON SALES OR OTHER DISPOSITIONS - PRINCIPAL 01/22/02 Gain Loss 525 shares Federated High Income Bond Fund, CL B Net Proceeds Fid. Acq. Value 01/22/02 3,910.78 4,278.75 367.97 1,750 shares ING Pilgrim High Yield B Net Proceeds Fid. Acq. Value 01/22/02 5,958.28 6,405.00 446 . 72 1,940 shares John Hancock High Yield Bond Fund CL B Net Proceeds Fid. Acq. Value 01/22/02 8,870.44 9,370.20 499.76 3,750 shares Merrill Lynch Bond Fund High INC PT C Net Proceeds Fid. Acq. Value 01/22/02 18,144.65 19,612.50 1,467.85 525 shares Putnam High Yield Advantage Trust Class B Net Proceeds Fid. Acq. Value OS/22/02 3,018.65 3,181. 50 162.85 5,786 shares ING Pilgrim High Yield B Net Proceeds Fid. Acq. Value 19,606.00 21,176.76 1,570.76 - ---- --- - -- --- --- --- ---- - --- TOTAL GAINS AND LOSSES/PRINCIPAL........... 0.00 4,515.91 LESS LaSS............................. 4,515.91 NET GAIN OR LOSS........................... (4,515.91) -------------- -------------- -2- SCHEDULE C DISBURSEMENTS OF PRINCIPAL SCHEDULE C-1 DEBTS OF DECEDENT Carlisle Regional Medical Center 10/23/01 Moffitt Heart and Vascular Group 11/29/01 RWC Corp. 10/22/01 12/11/01 19.39 19.39 TOTAL DEBTS OF DECEDENT............................. SCHEDULE C-4 FEDERAL AND STATE TAXES Register of Wills, Agent - Pennsylvania Inheritance Tax - ----- - - - - ---- - - - --------- -- - ------- --- 03/12/02 04/29/02 7,054.00 4.46 TOTAL FEDERAL AND STATE TAXES....................... -3- 791. 98 5.04 38.78 835.80 7,058.46 7,058.46 -------------- -------------- SCHEDULE C-6 FAMILY EXEMPTION Family Exemption - Paid to B. Elizabeth Hain ---- --- ----- - - - ----- --- --- ------- ------ 08/30/01 TOTAL FAMILY EXEMPTION.............................. TOTAL DISBURSEMENTS OF PRINCIPAL.................... -4- 3,500.00 3,500.00 11,394.26 -------------- -------------- II Units 1,275 2,120 2,597 4,356 4,116 3,567 PRINCIPAL BALANCE ON HAND Description 701 ML Banking Advantage, Acct. American Funds Income Fund of America B Dreyfus Premier Worldwide Growth Fund Class B Federated High Income Bond Fund, CL B Federated High Income Bond Fund CL A ING High Yield apport Fd C1 B John Hancock High Yield Bond Fund CL B Merrill Lynch Bond Fund High INC PT C Putnam High Yield Advantage Trust Class B 717 -5- Current Value Fiduciary Acquisition or as Noted Value 615.61 615.61 18,221. 38 20,000.00 16,899.00 20,000.00 5,076.00 5,843.55 15,009.00 17,278.00 17,035.00 19,606.00 18,077.00 21,039.48 17,327.18 21,526.68 18,191.00 21,616.02 126,451.17 147,525.34 --------------- --------------- --------------- --------------- SCHEDULE E INVESTMENTS MADE - PRINCIPAL 11 Units Cost 01/22/02 701 Dreyfus Premier Worldwide Growth Fund Class B - purchased 20,000.00 01/25/02 1,275 American Funds Income Fund of America B - purchased 20,000.00 OS/22/02 2,597 ING High Yield Opport Fd C1 B - purchased 19,606.00 -6- SCHEDULE F CHANGES IN INVESTMENT HOLDINGS - PRINCIPAL Cost American Funds Income Fund of America B 01/25/02 1,275 purchased 20,000.00 1,275 20,000.00 Dreyfus Premier Worldwide Growth Fund Class B ------- ----- - - - ---- - - - - - - - --- --- 01/22/02 701 purchased 20,000.00 701 20,000.00 Federated High Income Bond Fund, CL B 08/31/01 01/22/02 1,242 shares received (525)shares sold 10,122.30 (4,278.75) 717 5,843.55 Federated High Income Bond Fund CL A 08/31/01 2,120 shares received 17,278.00 2,120 17,278.00 ING Pilgrim High Yield B 08/31/01 01/22/02 OS/22/02 7,536 shares received (l,750)shares sold (5,786)shares sold 27,581.76 (6,405.00) (21,176.76) o 0.00 -7- ING High Yield Opport Fd Cl B OS/22/02 2,597 purchased 19,606.00 2,597 19,606.00 -------------- -------------- -------------- -------------- John Hancock High Yield Bond Fund CL B ---- --- ------- - -------- ------- --- --- 08/31/01 01/22/02 6,296 shares received (1,940)shares sold 30,409.68 (9,370.20) 4,356 21,039.48 Merrill Lynch Bond Fund High INC PT C - -------- -- - ---- - --------- -- - ------ 08/31/01 01/22/02 7,866 shares received (3,750)shares sold 41,139.18 (19,612.50) 4,116 21,526.68 Putnam High Yield Advantage Trust Class B ----------- ----- -- - --- --- --- ----- 08/31/01 01/22/02 4,092 shares received (525)shares sold 24,797.52 (3 ,181. 50) 3,567 21,616.02 -------------- -------------- -------------- -------------- -8- SCHEDULE G RECEIPTS OF INCOME SCHEDULE G-1 DIVIDENDS American Funds Income Fund of America B - Dividend Reinvestment ----------- - -- ----- - - - - - - ---------- ---- 03/18/02 06/17/02 09/16/02 12/16/02 12/16/02 13 . 543 shares 14.524 shares 15.9825 shares 1.958 shares 14.078 shares 218.18 224.11 226.63 27.70 199.20 Federated High Income Bond Fund CL A - - -- --- -- - ----- - -- ------------ ------ 09/14/01 10/15/01 11/15/01 12/14/01 01/15/02 02/15/02 03/15/02 04/15/02 05/13/02 06/11/02 07/11/02 08/13/02 09/11/02 10/11/02 11/12/02 12/11/02 152.64 152.64 152.64 13 7.80 137.80 13 7 . 80 13 7. 80 118. 72 118.72 118. 72 118. 72 118. 72 118. 72 118.72 118. 72 146.28 Federated High Income Bond Fund, CL B -- --- -- - ----- - - - ----- --- ---- --- --- --- 09/14/01 10/15/01 11/15/01 12/14/01 01/15/02 02/15/02 03/15/02 04/11/02 05/13/02 83.21 83.21 84.46 74.52 74.52 43.02 43.02 37.28 36.57 -9- 895.82 2,105.16 06/11/02 36.57 07/11/02 37.28 08/13/02 36.57 09/11/02 37.28 10/11/02 37.28 11/12/02 37.28 12/11/02 45.89 -------------- 827.96 ING Pilgrim High Yield B ----------- - - - -- -- - -- --- 09/06/01 248.69 10/03/01 248.69 11/05/01 248.69 12/05/01 248.69 01/04/02 248.69 02/05/02 133.08 03/05/02 133.08 04/03/02 133.08 05/02/02 162.01 05/15/02 86.79 -------------- 1,891.49 ING High Yield Opport Fd C1 B - - -- - - - ----- -- - - ---- - -- ------ 06/03/02 54.45 07/01/02 113.80 07/01/02 48.77 07/15/02 10.89 08/01/02 158.42 09/03/02 158.94 10/01/02 158.42 11/01/02 159.98 12/02/02 158.16 12/31/02 172 . 44 -------------- 1,194.27 John Hancock High Yield Bd Fd C1 B -- -- - --- - -- ----- --- --------- -- - --- 09/04/01 17.18 10/01/01 244.57 11/01/01 291.99 12/03/01 272 .10 12/31/01 281. 59 01/31/02 254.99 02/28/02 161.66 03/28/02 169.49 04/30/02 192.27 05/31/02 171. 74 -10- 06/28/02 06/28/02 07/31/02 08/30/02 09/30/02 10/31/02 11/29/02 12/31/02 110.26 47.36 183.25 176.63 164.93 186.19 148.56 173.50 Merrill Lynch Bond Fund High INC PT C 09/21/01 10/19/01 11/26/01 12/31/01 01/18/02 06/21/02 247.23 342.89 468.40 436.86 161.62 77 .17 Merrill Lynch Bond Fund High INC PT C - Dividend Reinvestment ----------- -- - ----- --- - - - - -------- - - --- 02/15/02 03/22/02 04/19/02 OS/24/02 06/21/02 07/19/02 08/23/02 09/20/02 10/18/02 11/22/02 12/31/02 34.066 shares 30.602 shares 22.071 shares 28.366 shares 13.362 shares 28.493 shares 41.8 shares 32.404 shares 34.018 shares 41. 087 shares 44.971 shares 159.77 145.36 106.16 134. 17 61.33 123.66 173.05 134.80 131. 99 170.10 189.33 Putnam High Yield Advantage Trust Class B 09/25/01 10/25/01 11/26/01 12/26/01 01/25/02 02/26/02 03/25/02 04/25/02 OS/28/02 06/25/02 225.06 229.15 225.06 208.69 208.69 181.92 185.48 164.08 160.52 160.52 -11- 3,248.26 1,734.17 1,529.72 07/26/02 08/26/02 09/20/02 10/28/02 11/26/02 12/27/02 164.08 160.52 164.08 164.08 164.08 142.68 TOTAL DIVIDEND INCOME..................... SCHEDULE G-2 INTEREST Bank Deposit Interest Acct. #697-23835 08/31/01 09/28/01 10/26/01 11/30/01 12/31/01 01/25/02 02/22/02 03/28/02 04/26/02 05/31/02 06/14/02 0.66 17.42 15.24 16.08 11.81 8.32 8.77 7.87 3.50 4.64 1.43 Bank Deposit Interest Acct. #697-24195 06/28/02 07/26/02 08/30/02 09/27/02 10/25/02 11/29/02 12/31/02 2.03 2.71 2.19 2.11 2.20 2.24 1.28 TOTAL INTEREST INCOME..................... -12- 2,908.69 16,335.54 -------------- -------------- 95.74 14.76 110.50 SCHEDULE G-3 OTHER INCOME ING High Yield Opport Fd Cl B, Income in lieu of fractional share OS/22/02 John Hancock High Yield Bd Fd Cl B, Journal entry 01/29/02 TOTAL OTHER INCOME........................ TOTAL RECEIPTS OF INCOME............... ... -13- 4.19 164.61 168.80 16,614.84 SCHEDULE I DISBURSEMENTS OF INCOME Broker Charge Off 06/19/02 James L. Bariski, Tax Preparation Fee 04/15/02 Jane Adams, Attorney Fee 09/21/01 05/06/02 123.68 266.25 Merrill Lynch, CMA Initial Annual Fee 09/06/01 07/03/02 125.00 100.00 Pennsylvania Department of Revenue, 2001 Estate Income Taxes 04/15/02 07/12/02 157.00 124.65 Stephen L. Bloom, Attorney and Counsellor at Law 11/15/02 TOTAL DISBURSEMENTS OF INCOME.................. -14- 0.02 125.00 389.93 225.00 281.65 829.83 1,851. 43 SCHEDULE J DISTRIBUTIONS OF INCOME TO BENEFICIARIES B. Elizabeth Hain ----------------- 09/14/01 Monthly amount issued 600.00 09/28/01 Monthly amount issued 150.00 11/23/01 Monthly amount issued 600.00 12/21/01 Monthly amount issued 600.00 01/24/02 Monthly amount issued 600.00 06/19/02 Monthly amount issued 600.00 07/08/02 Monthly amount issued 600.00 08/01/02 Monthly amount issued 600.00 09/27/02 Distribution of income (1/2 320.08 subsequently paid over to Sylvia D. Putt) 10/25/02 Distribution of income (1/2 479.35 subsequently paid over to Sylvia D. Putt) 11/29/02 Distribution of income (1/2 978.89 subsequently paid over to Sylvia D. Putt) 12/31/02 Distribution of income (1/2 666.51 subsequently paid over to Sylvia D. Putt) 12/31/02 Distribution of income (1/2 172 . 44 subsequently paid over to Sylvia D. Putt) -------------- 6,967.27 -15- Sylvia D. Putt -------------- 09/25/01 Monthly amount issued 600.00 10/10/01 Monthly amount issued 150.00 11/23/01 Monthly amount issued 600.00 12/21/01 Monthly amount issued 600.00 01/28/02 Monthly amount issued 600.00 06/20/02 Monthly amount issued 600.00 07/08/02 Monthly amount issued 600.00 08/01/02 Monthly amount issued 600.00 -------------- 4,350.00 -------------- TOTAL DISTRIBUTIONS TO BENEFICIARIES...... 11,317.27 -16- if Units 60.0855 351.24 INCOME BALANCE ON HAND Description ML Banking Advantage, Acct. American Funds Income Fund of America B - Dividend Reinvestment Merrill Lynch Bond Fund High INC P C - Dividend Reinvestment Current Value or as Noted 1,020.60 858.62 1,479.82 Fiduciary Acquisition Value 1,020.60 895.82 1,529.72 3,359.04 3,446.14 --------------- --------------- --------------- --------------- -17- SCHEDULE K INVESTMENTS MADE - INCOME If Units Cost ------- 02/15/02 34.066 shares Merrill Lynch Bond 159.77 Fund High INC PT C - Dividend Reinvestment - shares 03/18/02 13 . 543 shares American Funds Income 218.18 Fund of America B - Dividend Reinvestment - shares 03/22/02 30.602 shares Merrill Lynch Bond 145.36 Fund High INC PT C - Dividend Reinvestment - shares 04/19/02 22.071 shares Merrill Lynch Bond 106.16 Fund High INC PT C - Dividend Reinvestment - shares OS/24/02 28.366 shares Merrill Lynch Bond 134 . 17 Fund High INC PT C - Dividend Reinvestment - shares 06/17/02 14.524 shares American Funds Income 224.11 Fund of America B - Dividend Reinvestment - shares 06/21/02 13.362 shares Merrill Lynch Bond 61.33 Fund High INC PT C - Dividend Reinvestment - shares 07/19/02 28.493 shares Merrill Lynch Bond 123.66 Fund High INC PT C - Dividend Reinvestment - shares 08/23/02 41.8 shares Merrill Lynch Bond 173.05 Fund High INC PT C - Dividend Reinvestment - shares 09/16/02 15.9825 shares American Funds Income 226.63 Fund of America B - Dividend Reinvestment - shares -18- 09/20/02 32.404 shares Merrill Lynch Bond 134. 80 Fund High INC PT C - Dividend Reinvestment - shares 10/18/02 34.018 shares Merrill Lynch Bond 131. 99 Fund High INC PT C - Dividend Reinvestment - shares 11/22/02 41. 087 shares Merrill Lynch Bond 170.10 Fund High INC PT C - Dividend Reinvestment - shares 12/16/02 14.078 shares American Funds Income 199.20 Fund of America B - Dividend Reinvestment - shares 12/16/02 1.958 shares American Funds Income 27.70 Fund of America B - Dividend Reinvestment - shares 12/31/02 44.971 shares Merrill Lynch Bond 189.33 Fund High INC PT C - Dividend Reinvestment - shares -19- SCHEDULE L CHANGES IN INVESTMENT HOLDINGS - INCOME Cost American Funds Income Fund of America B - Dividend Reinvestment 03/18/02 06/17/02 09/16/02 12/16/02 12/16/02 13.543 shares 14.524 shares 15.9825 shares 1.958 shares 14.078 shares 218.18 224.11 226.63 27.70 199.20 60.0855 895.82 Merrill Lynch Bond Fund High INC PT C - Dividend Reinvestment 02/15/02 03/22/02 04/19/02 OS/24/02 06/21/02 07/19/02 08/23/02 09/20/02 10/18/02 11/22/02 12/31/02 34.066 shares 30.602 shares 22.071 shares 28.366 shares 13.362 shares 28.493 shares 41.8 shares 32.404 shares 34.018 shares 41.087 shares 44.971 shares 159. 77 145.36 106.16 134.17 61.33 123.66 173.05 134. 80 131.99 170.10 189.33 351.24 1,529.72 -20- AFFIDAVIT COMMONWEALTH OF PENNSYLVANIA ) : SS. COUNTY OF CUMBERLAND ) Blanche E. Hain and Sylvia D. Putt, Co-Executrixes under the Last Will and Testament of William Bigler Stunkard, deceased, and Co-Trustees of Trust under Will of William Bigler Stunkard, hereby declare under oath that they have fully and faithfully discharged the duties of their office; that the foregoing Account is true and correct and fully discloses all significant transactions occurring during the accounting period; that all known claims against the Estate and/or Trust have been paid in full; that, to their knowledge, there are no claims now outstanding against the Estate and/or Trust; that all taxes presently due from the estate have been paid; and that more than four months have elapsed since the first complete advertisement of the granting of letters in this estate. '-6t~- ~ ~~ Blanche E. Hain, Co-Executrix and Co-Trustee yl a D. Putt, Co-Executrix and Co-Trustee Sworn to and subscribed before me this 30th day of January, 2003. ~ V. ~. 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Z (/)L'L'n-l :S:poo :pnm'Tl On~O;l " omr -oC:::n:P C:::Zc:::z -l-l-ln .-lOIO::r:: n'Tl~m o tTlrn , (/) ......, t ~ B5 ~ [/1 [/1""'" n ...................., """';J> e L'J v.; e ~ ~ '"OS ~QZ ~o tTltTI......,e~~ ;J>"TJ ~~0'"O~~ ES~ ~~~~~~~oF r'....,[/1.......er'utTIt: < v::r: 'J Z r' n ;J> ~8~~~~~ ~~ >=~ ~ES~ ~5 """'0 "TJ r' u r' --< r' ~ tTI ES >= ~ ~ nZ e......, ~::r: totTI tTln O~o Z~~e o::r:Z~ ~;J>zuo o n"TJ 8~on I neO oOZ?' 2:;e......,;:;::.. O\~--<~ ......,~ 0 '"OZ ~~ ;:t>tTI . ;J> [/1 o c: c.\ i o ..,. 7.l g 'OJ s ~, " i .... 0"" I - ~; :': i +-- ~ {; i!:' lr-. " 4:.::>:~ ;:; .. ! ~ t ~;':~, (' ~l :) ::; {: l ~;~~1 nr :It .:; ~.:. u \' =~ost , ::r<<lt~~ "0.. 0 0. tj at 0') ::-, ._~: ~ ~ ~ ~~~~~ "" rb L---j. ( ....J .. CJ;K STATUS REPORT UNDER RULE 6.12 Name of Decedent: William Mg1er Stunkard Date of Death: 6/21/01 Will No.: 616 Of 2001 Admin. No.: Pursuant to Rule 6.12 of the Supreme Court Orphans' Court Rules, 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: Yes ~ No 0 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? Yes ~ No 0 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 ~ No 0 c. Copies of receipts, releases, joinders and approval of formal or informal accounts may be filed with the Clerk of the Orphans' Court and may be attached this report. .A-.J. Cvv\,..../') Date:~\ .d3 o ~ -:f,) ..- E: ..".. S J CJ ~ ~ <;. P;:tt s+. O~~ fft liD CS Address hI \~ d-~'S -'XS6&: elephone o. ..- .- '.) '",,J' rr'I P '",.. .D ...... .D :",. r- ;',- ,.... .:1) = 30 ex: Capacity: 0 Personal Representative ~ Counsel for personal representative -4 Cumberland County - Register Of wills Hanover and High Street Carlisle, PA 17013 Phone: (717) 240-6345 \ Date: 5/07/2003 HAIN BLANCHE ELIZABETH 23 FRYTOWN ROAD NEWVILLE, PA 17241 RE: Estate of STUNKARD WILLIAM BIGLER File Number: 2001-00616 Dear Sir/Madam: It has come to my attention that you have not filed the Status Report by Personal Representative (Rule 6.12) in the above captioned estate. As per the AMENDMENTS TO SUPREME COURT ORPHANS' COURT RULES, NO. 103 SUPREME COURT RULES DOCKET NO.1, for decedents dying on or after July 1, 1992, the personal representative or his counsel, within two (2) years of the decedent's death, shall file with the Register of wills a Status Report of completed or uncompleted administration. This filing will become delinquent on: 6/21/2003 Your prompt attention to this matter will be appreciated. Thank You. Sincerely, DONNA M. OTTO DEPUTY REGISTER OF WILLS cc: JFile Counsel Judge IN RE: TRUST UNDER WILL OF WILLIAM BIGLER STUNKARD : IN THE COURT OF COMMON PLEAS OF : CUMBERLAND COUNTY, PENNSYLVANIA : ORPHANS' COURT DIVISION : NO. 21-01-0616 ~ PRELIMINARY DECREE ~~ ~ -4- AND NOW, this I ':> day of ~ I , 2004, upon consideration of the annexed Petition, a Notice and/or Citation is awarded, directed to the parties in interest set forth in said Petition, to show cause why the Trust should not be terminated and the principal and undistributed income thereof distributed in accordance therewith. Rule returnable to days after service. BY THE COURT, M ~r:, c:Ci c;\ G o ~ o r ~ ....... Stephen L. Bloom, Esquire Supreme Court No. 49811 2100 Longs Gap Road Carlisle, PA 17013 (717) 249-7717 10.1 g .04: ~ LBD CC, TO: LffieR Pun,KI!:.f11rRb iklVft/TT/{N'i ~ tV'/TI1\...~ PU-TT) WM, PLCfT1 MKf1.J LorCL,EurA13E:Ttf (~N)rY\~Tl)1 loRI mpST ~ fumBERL'I .sr\'\IT~ d. A-Ll EN v. '&v I \)E'1) B"i 5~ L. -s.n-om I t~ fuT C. (l. I tJ A TT'-IS. \1j)JC <l-- to-rW V-h. " IN RE: TRUST UNDER WILL OF WILLIAM BIGLER STUNKARD IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYL VANIA ORPHANS' COURT DIVISION : NO. 21-01-0616 PETITION TO TERMINATE TRUST "'-,""'" ~ ", ~.. -. _.: t, g TO THE HONORABLE, THE JUDGES OF THE SAID COURT: a c:-:J --J Petitioners, Blanche Elizabeth Hain and Sylvia D. Putt, Trustees of the Irre~cable Trust Agreement of the Estate of William Bigler Stunkard, respectfully state that: -0 1. William Bigler Stunkard ("Decedent") died testate on June 21, 2001. ~ (;. 2. Letters Testamentary on the Estate of Decedent were granted to Petitioners by the Register of Wills of Cumberland County, Pennsylvania, on July 2, 2001, at the above-captioned docket number. 3. In accordance with the Last Will and Testament of Decedent, an Irrevocable Trust Agreement (the "Trust") was entered into by the Estate of Decedent, as Grantor, and Petitioners, as Trustees, on May 6, 2002, and certain assets of the Estate of Decedent were subsequently transferred thereto. A copy of the Trust is attached hereto and made a part hereof as Exhibit "A". 4. Petitioners filed their combined First and Final Account as Co-Executrixes of the Estate of Decedent and First and Partial Account as Co-Trustees of the Trust with this Court on January 31, 2003, which Account was duly confirmed by this Court on March 4,2003. 5. Having administered the Trust in their capacity as Trustees since its inception on May 6, 2002, Petitioners have concluded that the expenses of the administration thereof makes the original purpose of the Decedent impractical of fulfillment, and that the termination thereof as proposed hereinbelow more nearly approximates the intention of the Decedent. v~. " 6. Notice of the filing of this Petition was mailed on the date hereof to the names and addresses of all parties in interest of the Trust as follows (all of whom are adult individuals), and a Certificate of Service documenting such Notice is attached hereto as Exhibit "B": Kimberly K. Smith, 20 Los Alamitos Circle, Hanover, P A 17331 Lori Propst, 2204 Autumnwood Drive, State College, P A 16801 Elizabeth Ann (Hain) Meranto, 14823 N. 51 st Street, Scottsdale, AZ 85254 Karen Lopez, 14826 N. 50th Place, Scottsdale, AZ 85254 William Putt, 4126 Kittatinny Drive, Mechanicsburg, P A 17050 Terence Putt, 528 Briar Lane, Chambersburg, PA 17201 Brittany Hain, 23 Frytown Road, Newville, P A 17241 Richard W. Hain, 23 Frytown Road, Newville, P A 17241 Lester Putt, 25 Enck Drive, Boiling Springs, P A 17007 7. 20 Pa.C.S. Section 6102(a) provides, inter alia, for the Court, in its discretion, to terminate a trust provided that the Court, after hearing, is satisfied that the original purpose of the conveyor of the trust is impractical of fulfillment and that the termination more nearly approximates the intention of the conveyor, and notice is given to all parties in interest. 8. 20 Pa.C.S. Section 6102(b) provides, inter alia, that whenever the Court shall decree termination of a trust under the provisions of Section 6102, it shall thereupon order such distribution of the principal and undistributed income as it deems proper and as nearly as possible in conformity with the conveyor's intention. 9. For calendar year 2003, the Trust generated interest of $16.76, dividends of $8,282.12, and long term capital losses of($8,108.61), for a total annual net income of$190.27. For calendar year 2003, the Trust paid fiduciary income taxes (Federal and State) of $1,356.00, tax preparation fees of $125.00, and brokerage fees of approximately $150.00, for total annual net expenses of approximately $1,631.00. Petitioners, although authorized by the Trust to do so, did " not pay themselves any compensation for their services rendered as Trustees. Petitioners anticipate, based upon consultation and advice with their tax advisers, that expenses of the Trust are likely to continue to exceed the income of the Trust in the foreseeable future. 10. Paragraph 2 of the Trust directs that the net income thereof be paid, in equal shares, to Petitioners. Upon the death of either Petitioner, her share of said income is to be paid to her husband, if he is surviving, except that said share of income is capped at $1,000.00 per month for such surviving husband. Upon the death of either Petitioner and her husband, one-half of the Trust assets are to be distributed, in equal shares, to the seven grandchildren of the Decedent set forth therein, with substitution of issue per stirpes. Upon the death of the remaining Petitioner and her husband, the remaining Trust assets are to be distributed in like manner. 11. The economic circumstances as set forth hereinabove have frustrated the purpose of the Trust, in that the life beneficiaries thereof are receiving little if any annual income therefrom and have little or no realistic expectation of receiving any significant future income, while, at the same time, the interests of the remaindermen thereof are being gradually eroded. 12. As of April 30, 2004, the total gross assets of the Trust were $140,239.00, all of which were invested in a securities portfolio through Merrill Lynch. 13. In order to effectuate the purpose of the Trust, the Petitioners propose to terminate the Trust, pay any outstanding expenses thereof, including reasonable fiduciary commissions, tax liabilities, and fees of legal counsel and tax advisers, and then distribute the net assets thereof in accordance with the actuarial calculations set forth on Exhibit "C" attached hereto and made a part hereof, which calculations provide a reasonable approximation of the values of the respective life interests and/or remainder interests of the various beneficiaries of the Trust. 14. The Trust, at Paragraph 5 thereof, purports to be irrevocable, wherefore Petitioners seek the authorization and approval of this Court to proceed in the manner proposed, so as to distribute the assets of the Trust as nearly as possible in conformity with the conveyor's intention. WHEREFORE, Petitioners respectfully request that the Court: 1. Issue its Notice and/or Citation, directed to the parties in interest set forth in Paragraph 6 hereof, requiring them to appear and show cause why the Trust should not be terminated and the principal and undistributed income thereof distributed in accordance with Paragraph 13 hereof; and 2. Grant such other and further relief as it may deem proper. -~ Stephen L. Bloom, Esquire Supreme Court No. 49811 2100 Longs Gap Road Carlisle, P A 17013 (717) 249-7717 Attorney for Petitioners, Blanche Elizabeth Hain and Sylvia D. Putt Date: May 28, 2004 IN RE: TRUST UNDER WILL OF WILLIAM BIGLER STUNKARD IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION : NO. 21-01-0616 VERIFICATION Affiants are the Petitioners set forth in the foregoing Petition. They have read and understand the Petition and know its contents. The matters stated in the Petition are true and correct to the best of their knowledge, information and belief. Petitioners acknowledge that this verified statement is made subject to the penalties of 18 Pa. C.S. Section 4904, relating to unsworn falsification to authorities. ~--'--. ~..~d~ Blanche Elizabeth H n ~4) J) yL]fa- Syl a D. Putt Date: May 28, 2004 C:\Office - General Documents 2004\10363.1 pet.l.doc IRREVOCABLE TRUST AGREEMENT - CANNOT BE REVOKED OR CHANGED. TRUST AGREEMENT This Irrevocable Trust Agreement is made this G trc day of M ~ ,2002, between the Estate of William Bigler Stunkard, hereinafter re~ed to as "Grantor", and Blanche Elizabeth Hain, of Newville, Pennsylvania, and Sylvia D. Putt, hereinafter referred to as "Trustees." In consideration of the mutual covenants and promises set forth herein, Grantor and Trustees agree as follows: 1. Transfer of Trust. Grantor herewith assigns, transfers, and conveys to Trustees the property described in Exhibit "A" attached hereto and made a part hereof by this reference, and receipt of such property is hereby acknowledged by Trustees. Such property, hereafter designated the Trust Estate, shall be held by Trustees in Trust for the uses and purposes and on the terms and conditions set forth herein. 2. Disposition of Principal and Income. Trustees shall administer and manage the Trust Estate, and shall pay the net income thereof in equal shares to the daughters of William Bigler Stunkard, namely, Blanche Elizabeth Hain, and Sylvia D. Putt. The '~ husband of Blanche Elizabeth Hain is Richard W. Hain and the husband of Sylvia D. ~ Putt is Lester Putt. If either daughter of William Bigler Stunkard predeceases their :)) husband, then the income that each daughter has been receiving from the Trust shall / i) be paid to the surviving husband at the rate of $1000.00 per month until his death and before the principal of the Trust is paid to the grandchildren of William Bigler Stunkard provided that daughter's monthly share equals at least $1000.00. In the event that the daughter's share of income from the trust would not equal $1000.00, the surviving Exhibit "A" - Page 1 of 4 husband shall receive the same amount that the daughter would be entitled to. 3. Upon the death of the first Daughter (if her husband has predeceased her) or upon the death of either daughter's husband (if the Daughter has predeceased her husband) during the trust, one-half of the assets of the trust shall be distributed in equal shares among the following named grandchildren of William Bigler Stunkard: Kimberly K. Smith, Lori Propst, Elizabeth Ann Hain, Karen Lopez, William Putt, Terence Putt, and Brittany Hain, if they are then surviving. Should any of the above-named grandchildren not be then surviving, his or her share shall be distributed to his or her issue, per stirpes, then surviving. The surviving daughter or daughter's husband of William Bigler Stunkard shall continue to receive the net income from the remaining principal held in the trust until the time of his or her death. Upon the death of the survivor of the daughters of William Bigler Stunkard (if the daughter's husband has predeceased her) or upon the death of the remaining husband, the remaining principal shall be distributed equally among the following above-named grandchildren: Kimberly K. Smith, Lori Propst, Elizabeth Ann Hain, Karen Lopez, William Putt, Terence Putt, and Brittany Hain, if they are then surviving. Should any of the above-named grandchildren not be then surviving, his or her share shall be distributed to his or her issue, per stirpes, then surviving. 4. Additions to Trust. Grantor and any other person shall have the right at any time to add property acceptable to the Trustee to this Trust. Such property, when received and accepted by Trustees, shall become part of the Trust Estate. 5. Irrevocability of Trust. This trust shall be irrevocable and shall not be revoked or terminated by Grantor or any other person, nor shall it be amended or altered by Exhibit "A" - Page 2 of 4 Grantor or any other person. 6. Compensation of Trustee. The original Trustees hereunder, and all Successor Trustees, shall be entitled to reasonable compensation for their services as Trustee. 7. Successor Trustees. If Blanche Elizabeth Hain or Sylvia D. Putt resigns, or is unable to act as Trustee, a successor trustee may be appointed. 8. Governing Laws. The validity, construction, and effect of this Agreement and the Trust created hereunder and its enforcement shall be determined by the laws of the Commonwealth of Pennsylvania. In Witness Whereof, Grantor and Trustee have executed this Agreement on the date written above. FOR GRANTOR: Date: ::;- --(Q - c> ~ r 1) -/Jj./ Syl' D. Putt; Executor tf;..-A'~'- .&:~.:t,..4 '}i,- .., Blanche Elizabe Hain, Executor Date: :::;- --tJ7 --- a~ TRUSTEES: S*~;U;;, f?us;t!n!L Exhibit "A" - Page 3 of 4 Date: s: - C. -- tJ '"2-- Date:S- - 0 --- o~ ~k1 ~~L,d ~~ Blanche Elizabe Hain, Trustee COMMONWEALTH OF PENNSYLVANIA ) ):ss COUNTY OF CUMBERLAND ) On this, the ~ day of M CU-1-- ' 20~, before me, the undersigned officer, personal! ppeared r / () . c- . +'. known to me, (or a isfactorily proven' 0 be the person who name is subscribed to the within instrument, and acknowledged that he/she executed the same for the purposes therein contained. '-. IN WITNESS WHEREOF, I hereunto set my h nd and official seal. -/ SEAL NOTARIAL SEAL s: JANE E. ADAMS. Notary Public Carlisle Bom, Cumberlena County My Commission expires Sept. 6. 2004 Exhibit "A" - Page 4 of 4 CERTIFICATE OF SERVICE I hereby certify that a copy of the foregoing Petition to Terminate Trust was served on this date by depositing same in the Post Office at Carlisle, Pennsylvania, first class mail, postage prepaid, addressed as follows: Kimberly K. Smith, 20 Los Alamitos Circle, Hanover, P A 17331 Lori Propst, 2204 Autumnwood Drive, State College, P A 16801 Elizabeth Ann (Hain) Meranto, 14823 N. 51 sl Street, Scottsdale, AZ 85254 Karen Lopez, 14826 N. 50th Place, Scottsdale, AZ 85254 William Putt, 4126 Kittantinny Drive, Mechanicsburg, PA 17050 Terence Putt, 528 Briar Lane, Chambersburg, PA 17201 Brittany Hain, 23 Frytown Road, Newville, P A 17241 Richard W. Hain, 23 Frytown Road, Newville, P A 17241 Lester Putt, 25 Enck Drive, Boiling Springs, P A 17007 ~a -Stephen 1. Bloom, Esquire Supreme Court No. 49811 2100 Longs Gap Road Carlisle, P A 17013 (717) 249-7717 Attorney for Petitioners, Blanche Elizabeth Hain and Sylvia D. Putt Dated: ;0/<6 ,2004 Exhibit "B" ACTUARIAL CALCULATIONS Methodology for Proposed Distribution of Net Assets (Based on 4/30/04 Fund Value of $140,239.00 for Illustrative Purposes): (1) Net Present Value of Joint Life Interest of Blanche Elizabeth Hain and William Hain: 50% of Fund Value = $70,119.50 Last-to-die Factor for Two Lives (Ages 65 and 72) per IRS Book Aleph Table R(2) at 3.8% (120% Applicable Federal Rate as of 5/04) = 0.49161 Net Present Value Calculation: $70,119.50 - ($70,119.50 x 0.49161) = $35,648.05 (2) Net Present Value of Joint Life Interest of Sylvia D. Putt and Lester Putt: 50% of Fund Value = $70,119.50 Last-to-die Factor for Two Lives (Ages 61 and 59) per IRS Book Aleph Table R(2) at 3.8% (120% Applicable Federal Rate as of 5/04) = 0.38750 Net Present Value Calculation: $70,119.50 - ($70,119.50 x 0.38750) = $42,948.19 (3) Net Present Value of Remainder Interests for Each of Seven Remaindermen: $140,239.00 - ($35,648.05 + $42,948.19) = $61,642.76 $61,642.76 + 7 = $8,806.11 Kimberly K. Smith: Lori Propst: Elizabeth Ann (Hain) Meranto: Karen Lopez: William Putt: Terence Putt: Brittany Hain: $8,806.11 $8,806.11 $8,806.11 $8,806.11 $8,806.11 $8,806.11 $8,806.11 Exhibit "C" S T E P HEN L. B L 0 0 M ATTORNEY AND COUNSELLOR AT LAW 2100 LONGS GAP ROAD CAR LIS L E, PEN N S Y L V A N I A 1 7 0 1 3 717-249-7717 * IN RE: TRUST UNDER WILL OF WILLIAM BIGLER STUNKARD IN THE COURT OF COMMON PLEAS ORPHANS' COURT DIVISION CUMBERLAND COUNTY, PENNSYLVANIA NO.2l-200l-06l6 CITATION WE COMMAND, you that laying aside all business and excuses whatsoever, you be and appear in your proper person before the Honorable Judges of the Court of Common Pleas, Orphans' Court Division at a session of the said Court there to be held, for the County of Cumberland to show cause why the Trust should not be terminated and the principal and undistributed income thereof distributed in accordance therewith. Rule returnable 20 days after service. Witness my hand an official seal of office at Carlisle, Pennsylvania, this 18th day of October 2004. ~WQ}JUAkaruf-~ Clerk, Orphans' Court Division PUA VYV/ Cumberland County, Carlisle, PA ~ My Commission Expires on the l5t Monday January, 2004 ~. ~."f-~,~ ~( ~~ IN RE: TRUST UNDER WILL OF WILLIAM BIGLER STUNKARD : IN THE COURT OF COMMON PLEAS OF : CUMBERLAND COUNTY, PENNSYLVANIA : ORPHANS' COURT DIVISION : NO. 21-01-0616 ORDER OF COURT AND NOW, this (~~y of December, 2004, a Preliminary Decree having been issued by this Court on October 15,2004, awarding a Citation directed to the parties in interest set forth in the annexed Petition to show cause why the Trust should not be terminated and the principal and undistributed income thereof distributed in accordance therewith, and the said Citation having been issued by this Court and served (with said Preliminary Decree) on said parties in interest on October 18, 2004, the said Preliminary Decree and the said Citation both having been returnable 20 days after service, and the said 20 days having elapsed with neither appearance by any of the said parties in interest nor cause otherwise having been shown why such relief should not be granted, it is hereby ordered and decreed that the Trust be terminated and that the principal and undistributed income thereof be distributed in the manner set forth in the annexed Petition. LL OC/) LU --f <:...) :;E'~ i. I -....." ..~ i.:L: I C)c:; t~ fr~ cr:: (-,() oc:) <:...)I.L..I LLJ c::. 0:: 0"\ -:t' <T~ l- CL: 0:: : ::J() Ll 0"" d u ;=.: ~,,, "'. 5::: ~ ::{c:, UJ~_,! d "';'- LL" u.; 0... UJ 0::"",,' 0::5 <..) BY THE COURT, .. 0"' :c <C PJ. -:t' u W Q ..::r <:::) = C"-I Il'.1410~ 10: liNn . ~ U2t> OKt>~ 1D: srE. (J H ~ L., &oo[VL E:SG - KJ m BeRL'1 Sm I T~ ) LllRI PROPsT, E1J LABerH ANN (~N ~ fV\eRANTD) M1<m WPU J WILL-{/YM PttTTJ T'ERENCE: FllfG l3RITTFtN 'i ~ N J IESrEK ~l)rr ItND RlcHMD W. Hm N ~~ ,~< t2N VEWPts Pw t DEi) ArN. '. . ,~; .. V~ . Stephen L. Bloom, Esquire Supreme Court No. 49811 2100 Longs Gap Road Carlisle, P A 17013 (717) 249-7717 " ~. .. III ell ... ~ lit o A. '-.9. 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