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HomeMy WebLinkAbout04-26-79 (4) REV-5IB (3-79) COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF FIELD OPERATIONS P. O. BOX 2970 HARRISBURG 17105 IN YOUR REPLY PLEASE REFER TO Investigation Division NOTICE OF FILING OF APPRAISEMENT Merle C. Kramer 23 Chestnut Street Newville, PA 17241 (Executor or Administrator) In Re: Estate of Ira C. Kramer Cumberland County - File No. --.21..;:"7S:"D362 Dear Mr. Kramer: You are hereby notified that the original appraisement in the estate of Ira C. Kramer has been filed in the office of the Register of Wills of Cumberland County on June 25 . 19-12.. Said appraisement reflects the following valuations: Real Estate Personal Property Transfers Jointly Owned Total 144,500.00 23,312.25* None None $167,812.25 As to such tax that is paid within three months from date of death, a five (5%) percent discount is allowable. As to any tax that remains unpaid after nine (9) months (fifteen months when death occurred from December 22, 1965 to June 16, 1971, inclusive; and twelve months when death occurred prior to December 22, 1965) from date of death, interest at the rate of six (6%) percent per annum is charged. Any party in interest who is aggrieved by this notice may object thereto within sixty days after receipt of said notice as provided by Section 1001 of the Inheritance and Estate Tax Act of 1961, 72 P. S. 2485-1001, P. L. 373. Date June 25. 1979 ~ \?~~'C /~~ Signed 0 Title Administrativp- Offi ('pr *Persona1 Property includes Trust Account held at Cumberland Valley Savings & Loan Association by Ira C. Kramer, Trustee, Merle C. Kramer, Beneficiary, established 1/6/67, in the amount of $2,101.73. NOTE: This is not a bill. REV-457 (8-78) . DEPARTMENT OF REVENUE BUREAU OF FIELD OPERATIONS P.O. BOX 2970 HARRISBURG. PENNA. 17105 COMMONWEALTH OF PENNSYLVANIA RESIDENT INHERITANCE TAX APPRAISEMENT DAle; June 25, 1979 Cumberland 21-78-0362 COUNTY FILE NO. Whereas, Ira C. Kramer late of Upper Frankford Township in the County of Cumberland Commonwealth of Pennsylvania, having died on the 4th day of July 19 ..ll.., seized and possessed of an estate subject to Inheritance Tax under the laws of the Commonwealth of Pennsylvania; Therefore, I, Leo Fulginiti ,an appraiser duly appointed according to law, having been designated to make a fair and conscionable appraisement of the said estate, and to assess and fix the cash value of all annuities and life estates growing out of said estate, hereby file the following appraisement: In the event that any future Interest in this estate is transferred in possession or enjoyment to collateral heirs of the decedent after the expiration of any estate for life or for years, the Commonwealth hereby expressly reserves the right to appraise and assess transfer inheritance taxes at the lawful collateral rate on any such future interest. DESCRIPTION OF ASSET UNIT AppraIsement VALUES Made for Inheritance Tax Purposes Real Property $ 1 "-"- c;nn nn -!=rso~al Property 23.312 25 Transfers None Joint-Held Property None TOTAL ASSETS 167,812 25 Have been duly sworn according to law, I do hereby certify that the above appraisement is made in conformity with the law on this 25th day of ~ ~ '2 . :~l~!" 19 1.9.-. - \..>.~ ."C~ . 1\.,--'.~4....I '-^--" () Appraiser (Number and Street) Harrisburg (Post Office) , Penna. ~ 0\ :>, I- "0 'D. ": ..... s:: z (I) ::s w ~ 0\ a ~ (I) ....... 0 tl W (I) p.; _: \'\) CI) Q ~ 'r-l: 1/): W ,.c::: N" :::> a: 00: CD: -: Q.. ~~ ,....: 0 "'" \0: Z Q.. 0\: .., w i" <C r-l; > X E-t: ..: ~ W <C ..... 't:l: "'": a: .....' .....' I- a p:: ..... l-l: s:: s:: "t:t w (I) ~ a 0: >.; ~ (I)' LL "0 (I) (I) \ g (J ..... 4-1: r-l: tl 0 ~ ~ ~ \. \'" S (I) z ..... .!:<:: ~: ~ f:I7:" I- '0M <C ~ l"(l r:;:: IJ: ..... ..... a CIl CIl "0' " l-l: ...;j ClI: (I) 0 Z s.. 'ra ..... I- ..!:<: (I)' l"(l ~ ,QJ: l-l: 8 ,CIl ::s w 0. s.. s.. '.0: a: . JZ.l: ~ ~ ! ~ W u Q s... "0 ~ ~ ~ ::I: l-l: (I) >c: I- ..c: ~ Q): ..c:' N: ..... a: "0 tl ',- U Z ..... CIl l"(l s:: ~" . p..: ..... ~ ,....: 's. ..... <C ..... S "0 H p..: l"(l r-l: (I) ..... l"(l ::s a s:: I- (I) ~ a Q. "0 a ".~ '( ::J: Q n::: "0 <t: l"(l z w (I) ..0 ..... "0 w <+-. CIl s:: s:: 0 ~ s:: l"(l ..... c a ..... ..... ::s "E (I) l"(l (I) l"(l '(j) ..... (I) ~ Cii s... ~ "0 a (I) 0. tl l"(l a 0. ..... w ..... (I) ~ ~ ~ q ~ fi: (I) c;j ~ a: ~ 0:: REV-483 (8-78) COMMONWEAL TH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF FIELD OPERATIONS INHERITANCE TAX SECTION OFFICIAL NOTICE OF DETERMINATION AND ASSESSMENT OF PENNSYLVANIA ESTATE TAX /0-/ 7O:Z-~ DATE: /0 -(;2- 79 ~~i~~::;~ATH~R~f~~ ------------------------------------------------------------------- ---------------------- TO: A. DETERMINATION: 1. Taxable estate based upon: ~nited States Estate Tax Return (Form 706) The communication from the Federal Government confirming the acceptance of or changes to the Federal Estate Tax Return 2. Amount of credit for State death taxes (as verified) 3. Pennsylvania inheritance tax assessed (excluding any discount and/or interest) 4. Normal inheritance tax paid to other States or Territories of the United States (excluding any di scount and/or interest) 5. Total inheritance tax credits (line item 3 plus line item 4) 6. Total liability for Pennsylvania estate tax (line item 2 minus line item 5) $8'<( ;)8.S"3 $ /~: L;'f6,31 $ ~ h":10, { =$,-;t. $ _... Q- $ EtBJ8.S3 $ ,"- 0-- NOTE: Complete line items 7 and 8 ONLY when determination is based on Federal Closing Letter 7. . Amount of Pennsylvania estate tax assessed on determination dated Addition (reduction) to Pennsylvania estate tax (line item 6 minus line item 7) $ 8. ~~'~ /"/ ? ':l Doto..;.o,;o. ..0po.0<I by' _ . . "._ i'ec-<-- Date: - - r / -----------------------------------------------------------------~------------------------ B. ASSESSMENT: 1. Pennsylvania Estate Tax reflected on: I ine item A (6) line item A (8) 2. Less credits: DATE OF PAYMENT AMOUNT PAID $ INTEREST ($ ) ($ ) ($ ) CREDIT = = = 3. Balance of Penn sylvania estate tax due $ Interest is due at the rate of six (6) percent per annum from to the date of payment. Assessment prepared by: AGENT FOR THE COMMONWEALTH Date: SEE REVERSE SIDE FOR INSTRUCTIONS INSTRUCTIONS To insure proper credit tc) your account, the name of the estate and file number should be clearly printed on the check or money order. This determination and assessment is made in accordance with Section 421 and Section 732 c)f the Inheritance and Estate Tax Act of 1961, 72 P.S. 2485-421, 732. The est(Jte tax imposed by Section 421 is due at the date of the decedent's death but sholl not become delinquent until the expiratic)n of eighteen (18) months after decedent's death provided that any estate tax occasioned by a final change in the Federal return or of the tax due thereon shall not become delinquent until the expiration of one (1) month after the person liable to pay the tax receives final notice of the increase. Calculate interest from the delinquent dote shown on the face of this form to the date of payment using the following interest table: -~---------------~---------------------------------------------------------------- 1 mo nth .005 4 month s .020 7 months .035 10 months .050 2 months .010 5 months .025 8 months .040 11 months .055 3 months .015 6 months .030 9 months .045 12 months .060 1 day .00017 11 days .00186 21 days .00352 2days .00034 12 days .00203 22 days .00369 3 days .00051 13 days .00220 23 days .00386 4 days .00068 14 days .00237 24 days .(1040 3 5 days .00085 15 days .00250 25 days .00420 6 days .00101 16 days .00267 26 day s .00437 7 days .00118 17 day s .00284 27 days .00454 8 days .00135 18 days .00301 28 days .00471 9 days .00152 19 days .00318 29 days .00488 10 days .DO 16.9 20 days .00335 30 days .00500 .---------------------------------------------------------------------------------- Any party in interest, including the Commonwealth and the personal representative, not satisfied with the assessment may object thereto within sixty (60) days after receipt of this notice as provided by Section 1001 of the Inheritance and Estate Tax Act of 1961 (72 P.S. ~ 2485-1001) Make check or money order payable to: "Register of Wills, Agent" Mail to the address listed below: RCC.84 (8- 77) COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE INHERITANCE TAX DIVISION OFFICIAL NOTICE OF INHERITANCE TAX ASSESSMENT *' TO:ftf"le ( 1<, (luJtt (/(' {11 Vlt'~ I 1'1 )y(/ .~ j:-.kll..ic'/t }cht' ~tJ1 /. Ltf'~~1 /I,~;f -;1 / fe'Jrll ~/{', ?/J 17("/3 DATE " '2.1-7P ESTATE OF 'L R /-1 c: /( rei ,rJE'/' :2. J - 7 'I' - 036.2- FILE NO. COUNTY FILE NO: ,t; 172-4 COUNTY OF (11...-"1 h..-,---/;:J .-l c/ DATE OF DEATH '7 - /-f - r; Y For County Information purposes only -------------------------------- ---------- ---------------- ---- --- - --- Appraised Value of Estate: l. ,) Jy Real Estate Personal Property Jointly Held Property /Transfers $ ! /..1t.l6c.'O.CC .L 3 f 12. . 2.:> Total Gross Estate $ /'-'7) ~ll2... L:J 2(" {. }('. /3 ) $ ! ~ r; i s.IL . I L. t Total Approved Deductions Clear Value of Estate Less: Approved Charitable Exemptions Clear Value of Estate Subject to Tax $ I '1 '7 I ~ z J L Amount Taxable @ 6% Rate $ i q '1 J I i\ 2 I L tax due $ ~ (;21('. S3 Amount Taxable @ 15% Rate tax due TOTAL PENNSYLVANIA INHERITANCE TAX DUE $ 't: g 2 ,,"'S 3 Less Credits: DATE OF PAYMENT AMOUNT PAID DISCOUNT INTEREST TAX CREDIT $ = $ t..3/.:J: 7Y" 'I /,) = 2'3 f[ ('0 f. J = 'Y . -/2.. It' $ {": C{ (' i.. (. + $'1/'],,7'(- - it - Z G. ? (/ J. ~ '"f " ,J.. 'J + + BALANCE OF PENNSYLVANIA INHERITANCE TAX DUE $ ": (J ...-- .~ 2 ~,. . -' Interest will accrue at the Inheritance tax from rate of 1~ix_ 16) percent per annum on the unpaid balance of '!L . &- 7'1 to the dat,e ~f payment. (I,l j Ii (l.il\., _ , C ~ b. k. 'r",.J~ Assessed by: . I.. . C' \ " ,/" (d ( Agent fo, the Common_a, to' SEE REVERSE SIDE FOR INSTRUCTIONS '_ 1." w"'i__f\/i'::;~~~:-:) 'T~') ./~: ,:'\\/:"0 Inventory of the real and personal estate of IRA C. KRAMER deceased. 1. Farm situate in Upper Frankford TownShip, Cumberland County, Pennsylvania, containing 101 acres, 15 perches located approximately one mile East of the Bloserville Road along Township Road 441 (Fry town Road), deed being recorded in the Cumberland County Recorder's Office in Deed Book "L", Vol. 8, Page 357, appraised value 2. Premises located in West Pennsboro Township, Cumberland County, Pennsylvania, situate East of the Borough of Newville and fronts 264 feet along the North side of Route 641 and extends in depth approximately 55 feet, having thereon erected a repair shop and gasoline service station, containing .337 Acre. Deed being recorded in the Cumberland County Recorder's Office in Deed Book "U", Vol. 12, page 283, appaised value 3. Farmers National Bank of Newville, Pa. checking account 4. $1,000.00 Certificate of Deposit of Farmers National Bank of Newville with accrued interest to date of death 5. $6,600.00 Certificate of Deposit of Farmers National Bank of Newville with accrued interest to date of death 6. Certificate of Deposit #18-3019 for $1,000.00 of The Commonwealth I National Bank plus accrued interest to date of death 7. Cash in Decedent's wallet 8. Sale of household goods at public sale 9. 191 shares Philadelphia Electric at 17.40625 10. 63 shares U G I Corp. at 19.90625 11. 26 shares Cities Service at 49.4375 12. 42 shares Delmarva Power & Light at 13.4375 13. 50 shares Willys-Overland Co. 14. 21 shares Charlestown Racing Association at $9.25 15. 6 shares Shenandoah Corporation at $9.25 16. 2 shares Cumberland Valley Co-operative Association, Common at $10.00 17. 37 shares Cumberland Valley Co-operative Association, Preferred at $10.00 18. Miscellaneous old coins and slugs Total 15,000 00 29,500[00 330 81 1,012 50 6,996 00 1,012 97 13 00 4,698 30 3,324 59 1,254 09 1,285 38 564 38 No Va ue 194 25 55 50 20 00 370 00 78 75 65,710 52 i I Ii COMMONWEALTH OF PENNSYLVANIA l COUNTY OF CUMBERLAND J 55: MERLE C. KRAMER being duly sworn according to law, deposes and says that he is the Executor of the Estate of Ira C. Kramer late of Jlp.peL...Erank.f.or.d__Town!':h; P 1--- ' Cumberland County. Pa., deceased and that the within is an inventory made by Merle C. Kramer ., the said Rxp-cutor of the entire estate of said decedent, consisting of all the personal prop.nty and real estate, except real estate outside the Commonwealth of Pennsylvania, and that the figures opposite each item of the Inventory represent it's fair value as of the date of decedent's death. Sworn to and subscribed before me, ~ ~ J 1:9t; 19 79 cJit.AJ. l.A. 0, e j-~-tt:~o .NOTARY PUBLIC Carlisle, Cumberland County My Commission Expires March 26, 1981 6..~fo ~~ - Exec:utor - ~ktxJIt.q( Merlp- c.. Krrlmp-r 23 Chestnut Street, Newville, Pa. Address 1 7 2 4 1 Date of Death 4th Day JULY Month 1978 Year INSTRUCTIONS I. An inventory must be filed within three months after appointment of personal representative. 2. A supplement inventory must be filed within thirty days of discovery of additional assets. 3. Additional sheets may be attached as to personalty or realty 4. 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