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HomeMy WebLinkAbout04-20-82 (2) REV-1500 EX + (9-81) BUREAU OF EXAMINATION PENNSYLVANIA DEPARTMENT OF REVENUE P.O. BOX 8327 HARRISBURG, PA 17105 DECEASED CHECK APPRO- PRIATE BLOCKS INHERITANCE TAX RETURN RESIDENT DECEDENT . . -~ File Number 21-78-407 Decedent's Name (Last, First, and Middle Initial) Miller Sara S. Social Security Number 177-42-1495 Date of Death August 22, 1981 1. Original Return ~ Decedent's Address Thornwald Home 442 Walnut Bottom Road Carlisle, PA 17013 2. Supplemental Return D 3. Remainder Return D 4. Life Estate W 6. Decedent died testate IX1 (Attach copy of Will) L::J 5. Federal Estate Tax 0 Return Required. 7. Decedent maintained a living D 8. Number of safe deposit D trust (Attach copy of trustl boxes inventoried All correspondence and confidential tax information should be directed to: CORRE- SPONDENT Name Dennis C. Caverly Farmers Trust Com an Telephone No. 1 RECAPIT- ULATION AND TAX CALCU- LATION Computation of Tax 15. Amount of line 14 taxable at 6% rate !include values from Schedule K) 16. Amount of line 14 taxable at 15% rate !include values from Schedule K) 17. Principal tax due (add tax from line 15 plus tax from line 16) 18. Total Prior payments: (al Amount Paid (b) Plus Discount (cl Minus Interest 19. Balance Due Oine 17 minus line 18) Make Check Payable to: Register of Wills, Agent * * * PLEASE RECHECK MATH * * * 212 Address P.O' Box 220 1 West Hi Street City 13 Recapitulation 1. Real Estate (Schedule A) 2. Stocks and Bonds (Schedule B) 3. Closely Held Stock/Partnership Interest (Schedule CI 4. Mortgages and Notes (Schedule D) 5. Cash & Miscellaneous Personal Property (Schedule E) 6. Jointlv Owned Property (Schedule F) 7. Transfers (Schedule GI 8. Total Gross Assets (total lines 1-7) 9. Funeral Expenses Administrative Costs/Miscellaneous Expenses (Schedule H) 10. Debts/Mortgages/Liens (Schedule II 11. Total Deductions (total lines 9 & 10) 12. Net Value of Estate (line 8 minus line 11) 13. Charitable Bequests (Schedule J) 14. Net Value subject to tax Uine 12 minus line 13) ) I , 500 - 00 236.84 .00 State Zip ( 11 ( 21 ( 3) ( 4) ( 5) ( 6) ( 7) 986.085.09 51.780.07 .00 ( 8) 1.037.865.16 ( 9) (10) (15) (11) 58.179.27 (12) 979,685.89 (13) 9"38.985.89 (141 40,700.00 x.06= .00 x.15= 5.020.85 (17) 5,020.85 .00 (16) '31,472. "31 (18) 4,736.84 (19) 284.01 Under penalties of perjury, I declare at I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true; correct, and co .' '... e. ~e la~n "par~r oth.er tlJ9n thJ person:l~resentative is based on all information of which prepar.er has any knowledge. 7ft p~.( ;<-'" ~~L~~ C I /9 '/.I7-t'/ /? SIGNATURE OF PERSONAL EPRESENTATIVE(S) ADDRESS DATE SIGNATURE OF PREPARER OTHER THAN REPRESENTATIVE ADDRESS DATE REV-l503 EX+ (9-81) SCHEDULE "B" STOCKS AND BONDS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Miller, Sara S. (All property jolntly-owned with Right of SurvivorshiP. must be disclosed on Schedule "F") ITEM NUMBER 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30. 31. 32. 33. 34. FILE NUMBER 21-78-407 DESCRIPTION 1. 1014 Shs American Broadcasting Co. Dividend on Item 1, payable 9/15/81 to holders of record 8/21/81 244 shs American Electric Power Dividend on Item 2, payable 9/10/81 to holders of record 8/16/81 400 shs American Tel. & Tel. 1000 shs Archer-Daniels-Midland Co. Dividend on Item 4, payable 8/28/81 to holders of record 8/7/81 50 shs A.D.M., 5% stock dividend on Item 4 to holders of record~ 1 320 shs Borg-Warner Co. 845 shs Brascan Ltd. 232 shs CPC International 800 shs Carlisle Corporation Dividend on Item 8, payable 9/1/81 to holders of record 8/17/81 300 shs Carolina Power & Light Co. 240 shs CSX Corporation 176 shs Dana Corporation 220 shs Dresser Industries 200 shs Duke Power Company Dividend on Item 13, payable 9/21/81 to holders of record 8/21/81 228 shs Eastman Kodak 396 shs Edison Bros. Store 800 shs Exxon Corporation Dividend on Item 16, payable 9/10/81 to holders of record 8/13/81 317 shs Federal Signal Corporation Dividend on Item 17, payable 9/1/81 to holders of record 8/12/81 500 shs Fluor Corporation 500 shs General Motors Corporation Dividend on Item 19, payable 9/10/81 to holders of record 8/13/81 270 shs General Tel. & Electronics Corporation 940 shs Gulf & Western Industries Inc. 500 shs Ingersoll Rand Co. Dividend on Item 22, payable 9/1/81 to holders of record 8/14/81 755 shs Madison Fund, Inc. 2000 shs Mobil Corporation Dividend on Item 24, payable 9/10/81 to holders of record 8/10/81 300 shs J.P. Morgan & Company 320 shs Nabisco Brands, Inc. 348 shs Norlin Corporation 800 shs Norfolk & Western Dividend on Item 28, payable 10/10/81 to holders of record 8/7/81 304 shs Pacific Gas & Electric Company 500 shs Public Service Electric and Gas Company 596 shs Royal Dutch Petroleum Company 752 shs Shell Transport/Trading, Ltd. 123 shs Signode Corporation Dividend on Item 33, payable 10/1/81 to holders of record 8/7/81 400 shs SmithKline Corporation D. . 2. 3. 4. TOTAL (Also enter on line 2. Recapitulation) $ IIf more space Is needed Insert additional sheets of sama size) VALUE AT DATE OF DEATH 29,501.06 405.60 4,094.63 137.86 22,862.50 1 6, 781 . 25 35.00 839 . 06 16,030.00 23,026.25 7,308.00 27,925.00 176.00 5,821.88 11,610.00 4,697.00 9,391.25 3,962.50 102.00 15,952.88 11,261.250 27,150.00 600.00 6,320.19 63.40 18,890.63 23,578.13 300.00 7,990.31 16,743.75 30,546.88 425.00 14,628.13 59,437.50 1,000.00 16,809.38 8,400.00 5,002.50 34,300.00 520.00 7 , 1 63. 00 9,343.75 20,338.50 21 , 831 .50 4,681.69 61 .50 28,737.50 2 2.00 MEMBERS OF THE PHILADELPHIA-BALTIMORE AND NEW YORK STOCK EXCHANGES ASSOCIATE MEMBER OF THE AMERICAN STOCK EXCHANGE ESTABLISHED 1844 W. H. NEWBOLDIS SON & CO.I INC. P. O. BOX 98 8 WEST HIGH STREET CARLISLE, PENNSYLVANIA 17013 (717) 249-2818 August 31, 1981 Mr. David C. Garity Trust officer Farmers Trust Company Carlisle, Penna. 17013 Dear Dave: Listed below are the valuations as of August 22, 1981 on the bonds you requested: 100M Abington Pa. Sch Dist Auth 5% due 4-1-84 81,000.00 30M Allentown Pa. Sch. Dist. G.O. Series A 8.25% due 8-1-85 25,200.00 50M Bucks Co. Pa. Grand View Hosp. 9.625% due 8-1-84 45,500.00 60M Chambersburg Pa. Area Jt. Sch. 4.50% due 1-15-82 56,700.00 Yours very truly, w. H. Newbold's Son & 00., Inc. ~~,p~ Richard B. Pursell RBP/hjg i STEARNS & WILLIAMS, INC. 1 30 WEST HIGH STREET CARL.ISL.E, PENNSYL.VANIA @) "'C.4N GOA sri' REGISTERED JEWELER AMERICAN GEM SOCIETY TEL..: 249-5540 JEWELRY APPRAISAL Customer Sarah Miller cj 0 Farmers Trust Co. 1 West High st. Car~!::ll_~Ja._ 1.7~}~~~_ Date September 1, 1981 Address f This appraisal is made upon the expressed understanding between the customer and the appraiser as follows: (1) Values stated are the estimated cost of replacement at retail prices exclusive of any applicable tax except as follows: (a) mass-produced articles and certain articles of fore'l.gn manufacture are valued at the cost of similar or ~quivalent items rather than the cost of actual custom-made reproductions. (2) Grades and weights of mounted gems are approximate unless this report shows that they were removed from their settings for examination; such removal from settings is done only with the expressed permission of the customer. (3) Information provided herewith is regarded as confidential; however, we reserve the discretionary right to discuss this informatiqn with any third party who is in possession of a copy of this appraisal. (4) We assume no liability with respectto' any action that may be taken on the basis of this appraisal. (5) The name Stearns and Williams, Inc., or the American Gem Society may not be used in connection with any advertising of these articles for sale. COMMENTS: Estate Appraisal ITEM AND DESCRIPTION Lady's ring marked iridium platinum containing five diamonds. Center diamond measures approximately 4.4 - 4.55 rom weighing approximately .38ct. and is an 3.2 has large culet, small table, natural on the girdle, girdle Color grade is w-6 Imperfection grade is W-5. approximately 1.2 x 3mm and weigh approximately .04ct. each., 1.1 are clean. Two round single cut diamonds measure approximately 1.2mm approximately .Olct. each, one has an internal fracture. JJf//JI/ 1/ 7~. jlb~~o {~f1e A. \oJi11iams - Certified Gemologist VALUE Old European cut, has small chips. Baguettes measure baguettes and weigh 190.00 '/ Telephone J. I!. 'rite. ljit.IUr. !\utt-hrllum i'un?lritll Pennsylvania 17013 Carlisle, R. D. *7 717-243-4234 September 2, 1981. Estate Appraisal for the Trust Department of the Farmers Trust Corrq:>any. 125.00 1 ) . Bracket Clock. Mahogany case. German 8-day movement. 20th Century. .-t 2~.00 2). Drop leaf' Stand. Mahogany veneered with a dral'ler. 20th Century. --\ 35.00 3) . Chest oi Drawers. Mahogany veneered with four drawers. 20th Century. .\ 30.00 4). Nirror. Hahogany. 20th Century. Federal style. t 100.00 5). G.E. Color T.V. 19 inch. Three years old. /" )5.00 6) . Upholstered Swivel Chair. Blue. <";$365.00 /! ti11'p;( I/Ucc- V " '. t1 \: '. .'; L ' '. . " (I ' ,'\ \'J,( \' ,) (", \ .,,~ i). '; i j' II ;iy'~ - ~jt/I ., 1/ tL .J \ t", \.L', \.'" REV-1510 EX+ (9-81) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF SCHEDULE "G" TRANSFERS Miller, Sara S. FILE NUMBER 21-78-407 1. Did decedent make any lifetime transfer of property without receiving a valuable and adequate consideration which was to take effect in possession and enjoyment at or after death, or in which the decedent retained either: YES NO a. the possession or enjoyment of or the right to income from the property transferred? or, b. the right to designate the persons who shall possess or enjoy the property transferred or income; or c. a reversionary interest? x X X -------------------- - - ---- ------ 2. Did decedent in his lifetime make a transfer, the consideration for which was transferee's promise to pay income to, or for the benefit or care of, decedent? ------------ - ----------- ------ --- !.. 3. Did decedent, at any time, transfer property, the beneficial enjoyment of which was subject to change because of a reserved power to alter, amend, or revoke, or which could revert to decedent under terms of transfer or by operation of law? x ------------------- ----- ----- 4. Did decedent within two years of death transfer a material part of his or her estate without receiving a valuable and adequate consideration? x - --- -- - - - -- ------- - -----.- --- IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, DESCRIBE, THE PROPERTY BELOW. DECEDENT'S DOLLAR VALUE ITEM ASSESSED TOTAL VALUE % OF DECEDENT'S NUMBER DESCRIPTION OF PROPERTY VALUE OF ASSET INTEREST INTEREST A. Real Estate: 1. B. Personal Property: 1. Cash 2/21/80 6,000.0 6,000.OC 1 OOO;b 6,000.0 2. Cash 1/30/81 6,000.0 6,000.OC 100% 6,000.0 Note: Both of these were gifts to Lafayette College for Walter M. Miller Memorial They reduce the bequest under paragraph 1 3 of wil . TOTAL (Also enter on line 7, Recapitulation) $ .0 o o o (If more spece Is needed Insert additional sheets of same size) REV-1511 EX+ (9-81) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF SCHEDULE "H" FUNERAL EXPENSES, ADMINISTRATIVE COSTS AND MISCELLANEOUS EXPENSES Miller. Sara S. FILE NUMBER 21-78-407 ITEM NUMBER AMOUNT DESCRIPTION 1. 2. 1. 2. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. A. Funeral Expenses: Carlisle Memorial Service, Markers Hoffman-Roth Funeral Home, Funeral Expenses: Professional Services Facilities & Equipment Casket Interment Receptacle Clothing Cemetery Flowers Clergy Hairdresser Six Death Certificates $ 510.00 465.00 1,400.00 440.00 60.00 240.00 53.00 30.00 10.00 12.00 $ 3,220.00 466.00 3,220.00 25,950.00 25,950.00 154.00 36.00 15.00 25.00 15.00 130.27 25.00 691.00 138.00 14.00 1,350.00 B. Administrative Costs: Personal Representative Commissions Attorney Fees C. Miscellaneous Expenses: Register of Wills, Letters of Administration Myers, Myers, Flower & Johnson, Reimbursement, Advert. Letters Mildred R. Brenneman, Witness Fee Stearns & Williams, Appraisal, Jewelry Muscalus Furs, Appraisal, Fur Cape MGM Pharmacy, balance due James L. Price, Appraisal, furniture Internal Revenue Service, Third Quarterly Estimate Herbert P. Lenton, M.D., balance due Belvedere Medical Corp., balance due T.J. Keith & Assoc., Inc., Real Estate (North Carolina) Appraisal TOTAL (Also enter on line 9, Recapitulation) (If more space is needed insert additional sheets of same size) $ 58,179.27 REV.1513 EX+ (9-81) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE "J" BENEFICIARIES ESTATE OF ITEM NUMBER 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 2 Miller, Sara S. NAME AND ADDRESS OF BENEFICIARY A. Taxable Bequests: Allie Lou Pearson, 808 Coolidge Ave., New Cumberl d, PA at Amos, 3602 Bonnybrook Rd., Harrisburg, PA Jean Loughridge, 6068 Westview Dr., Grand Blanc, M ch. Howard B. Miller, 2702 Verell St., Hampton, VA erlin Miller, 4217 Manorwood Dr., Glen Arm, MD obert Miller, 11615 N.E. 150th Place, Bothell, WA ary F. Young, Box 310 R.D. 2, Drums, PA Janice M. Anderson, Black Butte Ranch, OR Arline Meiss, 238 N. Broad St., West Hazelton, PA avid W. Nenstiel, 537 W. Diamond Ave., Hazelton, A urt F. Nenstiel, 1701 Taxville Rd., Apt. JE, York PA Jeffrey Miller, 35-50 75th st., Jackson Heights, ixon Miller, 4508 Reynolds Dr., Virginia Beach, V Annette Miller Leitzel, R.D. 2, Williamsport, PA iane E. Hepford, 3408 Canry St., Harrisburg, PA arcia E. Hepford, 3408 Canry St., Harrisburg, PA Bonnie N. Strang, 555 Summit House, West Chester, A Beverly N. Dean, 30107 Carriage Loop Dr., Evergree , CO avid M. Weigle, 400 Old Orchard Lane, York, PA m. R. Weible, 207 Westover Dr., Mechanicsburg, PA lizabeth P. Hamrick, Box 465, Shelly, NC Ben F. Stone, P.O. Box 425, Elizabethtown, NC ake Stone, Box 483, Amherst, VA uth Stone, 61 Maxwell Road, Chapel Hill, NC and I h St ne 2 Ave. M S.E. Winter Haven FL FILE NUMBER 21-78-407 RELATIONSHIP AMOUNT None None None None None None None None None None None None None None None None None None None None None Brother Brother Sister Brother 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 500.00 500.00 300.00 300.00 300.00 300.00 300.00 300.00 300.00 300.00 300.00 2,000.00 2,000.00 2,000.00 2,000.00 2 000.00 ITEM NUMBER NAME AND ADDRESS OF BENEFICIARY AMOUNT B. Charitable Bequests: 1. Lafayette College, Lafayette, PA (See Letter) 2. St. John's Episcopal Church, Carlisle, PA (5% of Residue) 3. Orrum Baptist Church, Orrum, NC (5% of Residue) 4. St. Georges by the River Church, Rumson,NJ (J>;6 of Residue) 5. Elim Baptist Church, Orrum, NC (J>;6 of Residue) 6. Robison Memorial Hospital, Lumberton, NC (6% of Residue) 7. Carlisle Hospital, Carlisle, PA (5% of Residue) 8. Hazelton State Hospital, Hazelton, PA (J>;6 of Residue) 9. Wake Forest College, Winston Slaem, NC (14% of Residue) 10. Mars Hill College, NC (14% of Residue) 11. Roanoke College, Salem, VA (14% of Residue) 12. Robert College, Istanbul, Turkey (14% of Residue) 13. ~ashington & Lee University, Lexi~on, VA (14% of Residue) 30,946.70 45,401.97 45,401.97 27,241.18 27,241.18 54,482.35 45,401.96 27,241.18 127,125.48 127,125.48 127,125.48 127,125.48 127,125.48 $ 938,985.89 (If more space Is needed insert additionel sheets of 88me size) TOTAL CHARITABLE BEQUESTS (Also enter on line 13, Recapitulation) Schedule "J" Beneficiaries File Number 21-78-407 Estate of Sara S. Miller TAXABLE BEQUESTS CONTD. Item No. 26. 27. 28. 29. 30. 31. 32. 33. 34. 35. 36. Name and Address of Beneficiary Bernice Porter, 3808 Craven Circle, Norfolk, VA Joe Porter, 4789 Haygood Point Rd., Virginia Beach, VA Gordon B. Porter, Jr., 3808 Craven Circle, Norfolk, VA Betty Childress, 12642 Annette Circle, Garden Grove, CA Steve Stone, Route 1, Orrum, NC Steven Toney Stone, 21 Towne Village Apts., Lumberton, NC Louise S. Deaton, 1602 Pecan St., Rockingham, NC Betty S. Parnell, P.O. Box 174, Laurinburg, NC Jonathan Stone, 6170 35th Ave. West, Myrtle Beach, SC Wista S. Moody, Route 1, Wagram, NC Mrs. George Stone, Route 1, Box 6AA, Latta, SC Relationship ? None None None None None None None None None None Amount 1,000.00 500.00 250.00 250.00 1,000.00 1,000.00 1,000.00 1,000.00 666.67 666.67 666.66 ~EV-1514 EX+ (9-6i) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE "K" LIFE ESTATE/ANNUITY/ TERM CERTAiN ESTATE OF FILE NUMBER Miller, Sara S. 21-78-407 This schedule is to be used for all single life, concurrent single life, term certain, and joint or successive life estates when no election is filed to prepay future interest taxes. Special factors to calculate the interest involving more than one life can be obtained from the Director of the Bureau of Examination, 6th Floor, Strawberry Square, Harrisburg, PA 17127. [K] Will D Deed of Trust D Other Specify o Life Estate Name(s) of Life Tenant(s) Date of Birth Present Age Term of Years Life Estate is Payable John W. Stone (.50% life estate) 11/22/98 81 Life B.F. Stone (.50% life estate) 3/20/02 i~ Life * Bernice Stone Porter 11/28/06 Life * Steven J. Stone 4/10/08 72 Life * Ruth E. Stone 10/1~/11 70 Life * Randolph C. Stone 10/6/13 68 Life * 1. Value of Fund from which income is payable. . . . . . . . . . . . . . .. . . .. $.5,000 + .5,000 * = $10,000 2. Life Estate Factor (see instructions) ......................... .x.14123 .413231 3. Value of Life Estate (Line 1 times Line 2)...................... $706.1.5 + 2,066.16 = 2,772.31 * See Factor provided by Commonwealth, Letter attached (include on Recapitulation, lines 15 or 16) o Annuity Name(s) of Annuitant(s) Date of Birth Present Age Term of Years Annuity is Payable 1. Value of Fund from which annuity is payable. . . . . . . . . . . . . . . . . .. $ 2. Frequency of payout ................................... 3. Annual payment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. $ 4. Annuity Factor (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . 5. Adjustment Factor (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . 6. Value of Annuity (line 3 times lines 4 and 5) . . . . . . . . . . . . . . . . . .. $ (include on Recapitulation, lines 15 or 16) (If more space is needed insert additional sheets of same size) REV. \9 (8-77) COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF FIELD OPERATIONS Post Office Box '870 Harrisburg, Pennsylvania 17105 . IN YOUR REPL.Y PL.EASE REFER TO March 5, 1982 Farmers Trust Company One West High Street Carlisle, Pa. 17013 Attention: Dennis C. Caverly Senior Vice President Dear Mr. Caverly: Re: Estate of Sara S. Miller File No. 21-78-0407 County of Cumberland Date of Death: August 22, 1981 Reference is made to your correspondence dated February 22, 1982, concerning the life estate factor required for the subject estate. The following are the life estate and remainder factors for the last to die of five persons ages 68, 70, 73, 75 and 79. The factors are based on Table 38 of U. S. Life and Actuarial Tables 1938-1941 at the rate of 3~ percent. Life Estate Factor Remainder Factor .413231 .586769 If you have any questions please contact me at 787-9811 or 787-8278. Very truly yours, ~J( ~~omPf Administrative Assistant Bureau of Field Operations GLS:id