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HomeMy WebLinkAbout01-31-08 (2)REV-1500 EX ~-00) COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF F;EVENUE DEPT. 280601 HARRISBURG, PA 17128-0601 REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT DECEDENTS NAME (LAST, FIRST, AND MIDDLE INITIAL) ~ Kral Alma Louise z 0 DATE OF DEATH (MM-DD-YEAR) DATE OF BIRTH (MM-DD-YEAR) U 12/22/2006 4/24/1921 0 (IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST, AND MIDDLE INITIAL) OFFICIAL USE ONLY 21 - _0 7 COUNTY CODE YEAR SOCIAL SECURITY NUMBER 174-18-3375 THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS SUCIAL SECURITY NUMBER Q 0 1. Original Retum 0 2. Supplemental Retum O 3. Remainder Retum (date of death prior to 12-13-a2) to U aU ~ 4. Limited Estate ~ 4a. Future Interest Compromise (date of death after 12-12-62) ~ 5. Federal Estate Tax Return Required = 00 U am ~ 6. Decedent Died Testate iAttach copy of uMll) ~ 7. Decedent Maintained a Living Trust (Attach copy of Trust) ~ 8. Total Number of Safe Deposit Boxes a I~1 Q ~ 9. Litigation Proceeds Received ~ 10. Soousal Poverty Credit ~~~,a „r ~o,~F ~,o,,.,va„ ,~_„ o, ~.,a,_,_ot, I I t t Fln~th~ f~ ~~„ ~~~,~o, cow o~ ~zrc~,...__~. _~,. z w D z 0 a rn w 0 U THIS SECTION MUST BE C:OMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: NAME COMPLETE MAILING ADDRESS Richard C. Snelbaker 44 West Main Street FIRM NAME (If Applicable) Snelbaker & Brenneman, P. C. Mechanicsburg, PA 17055 TELEPHONE NUMBER 717-697-8528 Z I- F- a Q U w 1. Real Estate (Schedule A) (1) 0.00 2. Stocks and Bonds (Schedul<: B) (2) 2 , 998 .10 3. Closely Held Corporation, Partnership or Sole-Proprietorship (3) 0.00 4. Mortgages & Notes Receivable (Schedule D) (4) 0 • 00 5. Cash, Bank Deposits & Miscellaneous Personal Property 11 200 20 (Schedule E) (5) , . 6. Jointly Owned Property (Schedule F) (6) Q , QQ Separate Billing Requested 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (7) 244 , 853.12 (Schedule G or L) 8. Total Gross Assets (total Lines 1-7) (8) 9. Funeral Expenses & Administrative Costs (Schedule H) (9) 15 , 109.50 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) (10) 21 , 610.10 11. Total Deductions (total Lines 9 & 10) (11) 12. Net Value of Estate (Line Fi minus Line 11) (12) 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made (Schedule J) (13) 14. Net Value Subject to Tax (Line 12 minus Line 13) (14) z O a a O U x a t- SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax t f 0 • 00 0 ~ 15 ra e, or trans ers under Sec. 9116 (a)(1.2) x . ( ) 16. Amount of Line 14 taxable at lineal rate 222 , 331.82 x .0 45 (16) 17. Amount of Line 14 taxable at sibling rate 0.00 x .12 (17) 18. Amount of Line 14 taxable at collateral rate 0 • 00 x 15 (18) . 1s. Tax Due (ig) 20. ~ • tt ~ • • 36,719.60 222,331.82 0.00 222,331.82 0.00 10,004.93 0.00 0.00 10,004.93 > > BE SURE TO ANSWER ALL QUESTIONS ON REVERSE SIDE AND RECHECK MATH < < 3 W 4645 1.000 OFFICIAL US~OjNLY ^~ _; ~ _ - ~: ._ _.-_y r ~1.) - -- w -- 7 ~- T,,, -~ ~ ~~ .-s N 'Y 259,051.42 0184 _ _ _ NUMBER ~-''.~' Decedent's Complete Address: STREcfrADDRESS 914 Conley Drive,, Upper Allen T~wnshin Cumberland County clTr STATE Zlp i Mechanicsburg PA 17055- Tax Payments and Credits: 1 . Tax Due (Page 1 Line 1f)) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount 3. Interest/Penalty if applicable D. Interest E. Penalty 0.00 8.000.00 0.00 0.00 0.00 (1) 10,004.93 Total Credits (A + g + C) (2) 8 , 000.00 Total Interest/Penalty (D + E) (3) 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 (4) 5. If Line 1 + Line 3 is grealter than Line 2, enter the difference. This is the TAX DUE. A. Enter the interest on the tax due. 00 (5) 2 , 004.93 (5A) 0.00 B. Enter the total of Lin6~ 5 + 5A. This is the BALANCE DUE. (5B) 2 , 004.93 Make Check Payable to: REGISTEROFW/LLS, AGENT PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No a. retain the use or income of the property transferred; . 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? 0 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration? 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? 0 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? . IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN . Untler penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the besf of my knowledge and belief, it is true, correct and complete. Declaration of preparer other than the personal representative is based on all information of which oreoarer has anv knnwlarln< '---' 714 conely urive, Mechanicsburg, PA 17055 Richard C. Snelbak.er, 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. § 9916 (a) (1 .1) (i)). For dates of death on or after Januatry 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. § 91 16 (a) (1.1) (ii)] 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. ~ 9116(a)(1.2)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4.5%, except as noted in 72 P.S. ~ 9116(1,2) [72 P.S. ~ 9116(a)(1)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 12% (72 P.S. § 9116(a)(1.3)]. A sibling is defned, 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-1503 EX+ (6-98) SCHEDULE B COMMONWEALTH OF PENNSYL\/ANIA STOCKS & BONDS INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Alma Louise Kraly 21 07 0184 All property jointly-owned with right of survivorship must be disclosed on Schedule F. 3wasss i.ooo (If more space is needed, insert additional sheets of the same size) ~2EV-1508 EX~+ (6-98) SCHEDULE E COMMONWEALTH OF PENNSYLVANIA CASH, BANK DEPOSITS, & MISC. INHERITANCE TAX RETURN RESIDEMDECEDENT PERSONAL PROPERTY ESTATE OF FILE NUMBER Alma Louise Kraly 21 07 0184 Include the proceeds of litigation and the date the proceeds were received by the estate. 3wa8AD 1.000 (If more space is needed, insert additional sheets of the same size) HEV-1510 EX+ (6-98) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE G INTER-VIVOS TRANSFERS & MISC. NON-PROBATE PROPERTY ESTATE OF Alma Louise Kral This schedule must be cornpleted and filed if the answer to any of questions 1 through 4 on the reverse side of the REV-1500 COVER SHEET is yes. ITEM NUMBS DESCRIPTIOPJ OF PROPERTY urawErr~wUneorrrerruwsFeRee,rHeiRaeLnrlorisHiarooeceoenrr~wo TFEDATEOFTRPfSFERATTACHACOPYOF7HEDEEDFORREALESTATE. DATE OF DEATH VALUE OF ASSET %OFDECD'S INTEREST EXCLUSION IF APPLICABLE TAXABLE VALUE 1~ Frances and Rok>ert Banis 240,663.05 100.0000 3,000.00 237,663.05 The following were transfers within one year- of death: 1. Net proceeds from sale of real estate located at 44 West Keller Street, Mechanicsburg, PA 17055 - $103,391.00 2. Allstate - annuities a. #GA284258 0001 - $11,795.49 b. #GA2774089 0001 - $11,733.32 c. #GAO'.i96075 0001 - $22,484.77 3. Prudential Financial, annutties a. #D80866526 - $5,441.08 b. #D421;373331 - $4,634.03 4. RiversourcEa, annuity #972-5797252 - $71,183.36 5. Transfer on 1/24/06 in the amount of $10,000.00 from PNC Bank 2 Union Central Insurance and Investments Company 5,994.16 100.0000 0.00 5,994.16 annuity, account #A14731722C 3 PNC Investment:> 1,195.91 100.0000 0.00 1,195.91 IRA account #4361-2187 TOTAL (Also enter on line 7, Recapitulation) ~ $ 244.853.12 (If more space is needed, insert additional sheets of the same size) 3 W46AF 1.000 REV-1511 EX+(12-99) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE H FUNERAL EXPENSES 8r ADMINISTRATIVE COSTS ESTATE OF FILE NUMBER Alma Louise Kraly 21 07 0184 Debts of decedent must be reported on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: ~ Malpezzi Funeral Home, Inc. funeral services paid from non-probate assets B. 1 ADMINISTRATIVE COSTS: Personal Representative's Commissions Name of Personal Representative(s) Social Security Number(s) / EIN Number of Personal Representative(s) - - Street Address z. 3. 4. 5. 6. 7. 1 2 City State Zip Year(s) Commission Paid: Attorney Fees Snelbaker & Brenneman, P.C. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant Francis Joyce Banis Street Address 914 Conley Drive City Mechanicsburg State PA Zip 17055 Relationship of Claimant to Decedent DAUGHTER Probate Fees Accountant's Fees Tax Return Preparer's Fees Register of Wills short certificates Register of Wills filing fee for Inheritance Tax Return Total from continuation schedules 6,467.50 4,000.00 3,500.00 106.00 12.00 15.00 1,009.00 3W46AG 1.000 TOTAL (Also enter on line 9, R~ (If more space is needed, insert additional sheets of the same size) 15,109.50 Estate of: Alma Louise Kraly Schedule H Part 7 (Page 2) 3 Vital Records death certificate required to claim life insurance in which primary beneficiary was deceased 4 Reserve for filing fees, accounting fees and other costs associated with the administration of decedent's estate 174-18-3375 9.00 1,000.00 Total (Carry forward to main schedule) i,oo9.00 F2 E V-1512 EX + (12-03) SCHEDULEI COMMONWEALTH OF PENNSYLVANIA DEBTS OF DECEDENT, INHREERSIDENTDECEDEMRN MORTGAGE LIABILITIES, ~ LIENS ESTATE OF FILE NUMBER Alma Louise Kraly 21 07 0184 Report debts incurred by the decedent prior to death which remained unpaid as of the date of death, including unreimbursed medical expenses. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH ~• Francis Joyce :Banis installation of Inclinator (stair climber) and payment for services to repair decedent's property on Keller Street before sale (paid from non-probate property) 8,500.00 2 Francis Joyce :Banis payment for bathroom renovations and architectural plans to accommodate decedent living their residence (paid from non-probate property) 10,000.00 3 Spirit Physicans Services medical expenses 64.10 4 Hospice medical services 2,000.00 5 United States Treasury income tax due on 2006 Final Individual 1040 tax return 1,046.00 TOTAL (Also enter on line 10, Recapitulation) $ ~ 21 , 610.10 3W46AH 2.000 (If more space is needed, insert additional sheets of the same size). REV-1513 EX+ (9-00) COMMONWEALTH OF PENNSYLVAtJIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE J BENEFICIARIES ESTATE OF FILE NUMBER ~lm~ T.r•i•i c K.~~l•r n~ nn n~ nn --- - -~ ~~~ - ~ ~ 1 V / RELATIONSHIP TO DECEDENT V1VY 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 Frances Joyce Banis 914 Conley Drive Mechanicsburg, PA 17055 1/2 of residue as per Item Fourth of Will One Half of Residue: 4,818.14 Daughter 217,513.68 2 Willard Clark Hamer 2130 Valley Green Road Etters, PA 17319 1/2 of residue as per Item Fourth of Will One Half of Residue: 4,818.14 Son 4,818.14 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 T HROUGH 18, AS APPROPRIATE, O N REV-1500 COVER SHEET I~ NON-TAXABLE DISI~RIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET $ 0.00 3W46AI 1.000 (If more space is needed, insert additional sheets of the same size) LAST WILL AND TESTAMENT „J ,' c`' ~~ ~.. ~~. ..~~ MARTSON & SNELB AKER ATTORNEYS AT ~,Ayy fif r~.~.5~1 ;j.r _ I, ALMA LOUISE KRALY, of the Borough of Mechanicsburg, County of Cumberland and Commonwealth of Pennsylvania, being of s{ound and disposing mind, memory and understanding, do make, publish and declare this as and for my Last Will and Testament, hereby revo]cing and making void all former wills and codicils bey me at any time heretofore made. FIRST. I order and direct that all my just debts and funeral expenses be paid by my E~;ecutor or Executrix, as the case may be, hereinaf ter named, as soon as conveniently may be done after my decease. SECOND. I give and bequeath my coin collection, my diamond wedding ring and my gold ring containing two garnets and a d~~amond unto my granddaughter, JENNIFER SUZANNE BANIS. In the event my said granddaughter has not attained the age of majority at the time of distribution of my estate, a release acid receipt executed by her parents or guardian shall be dE:emed to fully and completely release and discharge my estate fr•ort; any and all claims by or on behalf of the said JENNIFER SU~ZANNE BANIS on account of the provisions of this Paragraph. THIRD. I give, devise and bequeath all the rest, residue and remainder of my estate, real, persona l_ and mixed, whatsoever and wheresoever situate, unto my husband, HARRY L. KRALY, absolutely and in fee simple, if he survives me. FOURTH. If, however, my husband, HARRY L. KRALY, shall not survive me, then and_in that event I give, devise and bequeath all the rest, residue and remainder of my estate, real, personal hand mixed, whatsoever and wheresoever situate, in equal shares unto my .children, WILLARD CLARK HAMER and FRANCIS. JOYCE BANIS, share and share alike, absolutely and in fee simple. Should either of my said children predecease me, I order and direct that the share which any deceased child would have received had he or she survived me shall be distributed unto his or her issue per stirpes, said issue taking the ancestor's share by representation and not per capita. LASTLY. I nominate constitute and appoint my husband,, HARRY L. KRALY, Executor of this, my Last Will and Testament, but if for any reason he shall fail to qualify as such Executor or cease so to act, then I nominate, constitute and appoint my daughter, FRANCIS JOYCE BANIS, to serve in his place and stead, each. to serve without bond. IN WITNESS WHE REOF, I, ALMA LOUISE KRALY, have hereunto set my hand and seal to this, my Last Will and Testament which consist of two (2) typewritten pages to each of which I have affixed. my r' signature this ~' day of ~',~"~~„ f~,~,, A. D . , One Thousand Nine Hundred Seventy-three (1973)., ~,~'~ '-: ? .f ,~-,'-~-~~'i /~t,~*' 4 _ (SEAL ) The preceding instrument, consisting of this and one (1) other typewritten page, each identified by the signature of the Testatrix, was on the date thereof signed, sealed, published and declared by ALMA LOUISE KRALY, the Testatrix therein named, as anc for her Last Will and Testament, in the presence of us, who, at her request, in her presence, and in the presence of each other, have subscribed our names as witnesses hereto. .~ ~ ~ ~ ~% ' ~ C~ ~- ~. M ARTSON ~ SNELBAKER ATTORNEYS AT LAW