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HomeMy WebLinkAbout06-17-80 REV. 19 (8-77) COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF FIELD OPERATIONS Post Office Box 2970 Harrisburg, Pennsylvania 17105 IN YOUR REPLY PLEASE REFER TO June 17, 1980 Mary C. Lewis Register of Wills Cumberland County Court House Carlisle, Pennsylvania 17013 Attention: Mr. Walter Z. Sanker Reference: Estate of Thomas J. Eddy File No. 21-78-0315 Date of Death: June 1, 1978 Dear Mr. Sanker: Acknowledgement is hereby made of your memorandum of May 7, 1980. The Debts and Deductions claimed by Attorney Jefferson Armstrong for settling the Catherine Eddy estate and the debts claimed by Myers, Myers, Flower and Johnson for settling the Equity Action are allowable deductions and should be approved by the Register of Wills. If you have any questions, please contact me. Very truly yours, I ~;?/ ;;J:t<?! Gary1l. Schetrompf /~ Administrative Assistant Investigation Division GLS:to .. REV. 19 (8-77) COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF FIELD OPERATIONS Post Offi ce Box ~70 Harrisburg, Pennsylvania 17105 4..J,.'. June 17~ 1980 IN YOUR REPLY PLEASE REFER TO Jerry R. Duffie~ Esquire Myers, Myers, Flower & Johnson Third and t~arket Streets - Lemoyne, Pennsylvania 17043 Re: Estate of Thomas J. Eddy File No. 21-78-0315 Date of Death: June 1, 1978 Dear Mr. Duffie: I am replying to your letters of May 15,.1980, May 19, 1980 and a second letter of May 19, 1980, concerning the above-referenced estate. The letter of May 15, 1980 addresses the filing of the supple- mental tax return for the $7,000.00 recovery by the estate as the result of an Equity Action instituted by the estate, and the Life Time Transfers not recovered by the estate. The reporting of the $7,000.00 recovery will fulfill the estate's requirement with respect to assets administrable by the estate. The remainder of the Life Time Transfers not recovered by your Equity Action will be investigated by this department to determine the taxability thereof and the collection of inheritance tax due from the transferee. The first letter of May 19, 1980 addresses the issue of the attorney fee claimed for the settlement of the Equity Action. The-fee claimed by you for the settling of the Equity Action would be an allow- able deduction against the $7,000.00 recovery. By a copy of this letter, the Register of Wills will be advised to allow the deductions and assess the inheritance tax due thereon. The second letter of May 19, 1980 addresses the filing exception by the Register of Wills to the First and Final Account and Proposed Dis- tribution of the estate's assets. Once the Register of Wills has approved the Debts and Deductions, assesses the inheritance tax due on the estate as reported by you, and the tax liability has been met, the Register of Wills will not file exception against the estate's First and Final Account and Proposed Distribution. If you have any questions, please contact me. Very truly yours, GLS:to cc: Register of Wills ~ Cumberland County Knovel F. Lamberti District Administrator Gary L. Schetrompf Administrative Assistant Investigation Division