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HomeMy WebLinkAbout05-04-79 (2) RCC-33 (d.-1~\ COMMONWEAL TH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF COUNTY COLLECTIONS ~7' 9;//1 RESIDENT DECEDENT COUNTY OF c'nmh pr 1 ;:mil IMPORTANT: This return must be completed in detail and filed in duplicate, with all attached, with the Register of Wilh of the County where decedent resided; Return is due within nine months after date of death, unless an extension is granted by the Secretary of Re'otenue. (Section 703 of the Inheritance and Estate Tax Act of 1961.) Cumberland CO"oJ EXECUTOR IN TilE MATTER OF THE ESTATE OF AFFIDAVIT OF _____ Kathryn S. Brackett (STATE FULL NAME OF DECEDENTI Late of i'tt}MOj~ State of Pennsylvania County .,f ___:Q_au~h:ln___ ) ", _____~aul_~_Hanna, II, Trust Officer of Dauphin Deposit Bank & Trust CompanyExecutor MM~Xii~:l5r of the estate af the above-named decedent being duly sworn, depose and say Decedent died 4 , 19~{testate leaving a last will, copy of which is hereto attached. } ( YEA R) lO:X:XMle August (MONTH) Nome and address of attarney or } other authorized repres.entative to whom nIl -:o'-"e~pon~(':"ce should be mailed. (DAY) Paul J. Hanna, II, Trust Officer of Dauphin Deposit Bank & Trust Company ~Box_2~6~~__~3__~~rket Street. Harrisburg. Penna. 17101 Executor That as such deponent is familiar with the affairs of said estate and the property constituting ( EXECUTOR-ADMINISTRATOR) the assets thereof and their fair market value. That at the time of death there was no safe deposit box registered in decedent's individual name, or jointly with, or as agent or deputy of another, or in decedent's individual name, with right of access by another as agent or deputy, with the exception of the following: - , NAME AND ADDRESS OF BANK OR OTHER INSTITUTION THIS SAFE DEPOSIT BOX RENTED RELATIONSHIP OF JOINT IN WHICH DECEDENT RENTED A S....FE DEPOSIT BOX INN AM E 0 R N AM ES 0 F HOLDERS TO DECEDENT CCNB --- (Main Office) Brackett Kathryn S. or 331 Bridge Street Warren R Brackett Son New_~J)lmb~rland , Pa. 17070 ---_._----_._._-~-- ------ -------~.- __._______. ._.._ __~________~___._m~ That the contents of said safe deposit box or boxes are itemized under Schedules with the exception of the following, for the reasons hereinafter set forth: B of this return, Tha! Schedule A attached hereto and made part hereof sets forth fully and in detail all the real property in the Commonwealth of Pennsylvania of which decedent died having an interest therein. It also sets forth the mortgage encumbrances upon each parcel of real property at the date of death, giving the amount still due at death, name of mortgagee, date, rate of interest, and book and page of record thereof. It also sets forth in the columns provided therefore the assessed valuation of each of said parcels, the estimated market value thereof as of date of death of decedent. That Schedule B attached hereto and made part hereof sets forth fully and in detail all personal property wheresover situated owned by the decedent at the time of death; all moneys left by the decedent at the time of death, whether in decedent's immediate possession, standing to decedent's credit in banks of deposit, savings banks, trust companies, or other institutions, whether individually, or in trust for any other person or persons givllng also separately the accrued interest thereon, if any, down to the last interest day prim! to decedent's death in the case of savings banks, and to the date of decedent's death in all other cases; all bonds, postal savings, treasury certificates or notes and other evidence of indebtedness of the United States to the de- cedent; all obligations, whether by statute or agreement they are designated as tax free, of tbe United States, or any state, or political subdivision thereof, or of any foreign country, which are owned at the time of death; all wearing apparel, jewelry, silverware, pictures, books, works of art, household furniture, horses, carriages, automobiles, hoa Is, and any and all other personal chattels of whatsoever, kind or nature, left by decedent, together with [he '-airly estimated market value thereof; all bonds and mortgages held by decedent and of all claiims due and owing decedent at the time of death, and all promissory notes or other instruments in writing for the payment of money of which decedent died possessed, of whatsoever nature, with interest thereon, if any, giving the face value and estimated fair market value thereof, and if such estimated fair market value be !es:.; than the face vallie, it sets forth briefly the reasons for such depreciation as to each item; all moneys pay,-,b:C 10 the estate from life insurance policies carried by decedent; all annuity and endowment contracts 1 he prnceed:< of which were payable upon the death of the decedent; all and the corporate stocks and dividends due 111/;'1\,"" :.llId unpaid as of the date of death, bonds and accrued interest thereon to the date of decedent's de". f, "",-I "I ]-"'1 i I1V.: :,( ment securi ti es owned by the decedent at the time of death, with the market value there- or al ""rh ~ in~'.:. In the case of securitles of close or family corporations, the values reported are as far as possible substantiated by financial statements of the corporations, showing the assets and liabili ties thereof as of the date of death. The schedule also sets forth the interest of' decedent at the time of' death in any co-partnerShip or business, and in support of the value of such inter'st there is "HlF:x"'l to said schedule, financial statements showing the assets and liabilities of said co-partnership or business. ;\. copy of the co-partnership agreement, (if' oral, a statement setting forth the nature of the agreement) together with a statement setting forth the character of the business, its location, and such other f'acts pertaining to the business as may be pertinent to a fair and just appraisal of the decedent's interest Uierein must be submitted. It should also set forth in itemized form, together wi th the fair market v,due t hereof" any other property owned or bequeathed by the decedent at the time of death. The Schedule C attached hereto and made part hereof sets forth a true answer. to eacl, ~nquir:v contained therein and in the case of transfers of property, real or personal, wi":.hin tWQ years of decedent's death, in contemplation of decedent's death, or intended to take effect in possession or enjoyment c:t or after death, said schedule sets forth the nature and value of such property, to whom transferred, the relationship of' the transferees to the decedent, the proportionate sha.re received by each transferee and all other facts of a pertinEnt nature regarding sa.id transfers. In the case of transfers inti'ndpd U' take effect in possession or enjoyment at or after death, there i,," also attached to the schenule 1\ CD[lY of the deed, trust agreement or other instrument creating the trust. Ther'~ is also set forth in said schedule a list of all property, real and personal, with its value, which passes at decedent's death by virtue of the exercise by decedent, either individually, or jointly with another, or any power of appoint- ment vested in decedent, either individually or jointly, by the will, deed, or other instrument of a.nother, with a copy of the instrument creating such power attached to the schedule. That Schedule D attached hereto and made part hereof sets forth the nameS and address,"s of all persons beneficially interested in this estate at the time of decedent's death, the nature of their res- pective interests, their relationship, if any, to the decedent, together with the ages at the time of decedent's death of all minors, annuitants and beneficiaries for life under decedent's Will. It also contains a statement showing which of the beneficiaries named in the decedent's will, if any, died prior to decedent, the dates of their death, their issue, and the relationship of sllch issue to the beneficiary. That Schedule E attached hereto and made a part hereof sets forth all property, real and per- sonal, owned by the decedent jointly with another or others, including intangible, standing in the name of the decedent and others, plus the date and pJ !Ice of record of instruments effecting the vestiture of real estate and the date of' acquisition of personalty, plus the name, address and relationship, if any, of co-owners to the decedent. That Schedule F attached hereto and made a part hereof' sets forth fully and in detail all debts and deductions claimed for and on behalf of this decedent's estate, including funeral expenses pa.id; family ex(~mption, where applicable; costs of administration of this estate: counsel fees and fudiciary's commissions paid or to be paid; cost expended for burial trusts, tombstones or gravemarkers, and reli- gious services, in consequence of the death of the decedent; debts and claims owing and lmpaid at time of death; taxes accrued chargeable for period prior to decedent's death (except those allowed under Section 651 of the Inheritance and Estate Tax Act); together with a statement of collateral pledged for obliga- tions, if any. It is agreed that the fiduciary will present proof of said claimed obligations upon re- quest, that if the amount actually paid in settlement of any fee, commission or debt is less than the estimated amount claiming and allowed, that the same will be reported to the Register of Wills, and that the amount of tax assessed can be reassessed in accordance therewith. That the totals of the appropriate columns in Schedules nAn, nBn, have been carried forward and properly registered in the Slmmary. ncn, nEn, and "F" as directed therein, My (omn,i'licn Expires De"m;:CY t 1S3) llil/l,.lIui1V PA Dcup:iin CJ<:~IV Dauphin Deposit Bank & Trust Company, Executor of the Estate of Kathryn S. Brackett ..Iy;..-i:~~T;~rr:t-Offi-;'.~r .. ... .....:r'..~9..~.....B..<?~....??~.~.L......?))..)1?r..~~.t...~JE.~.~.t... (StTeet Number) ....... ...H.9J:J:.:.il?lnu::.g_.....:r..~.nna..........l1.1.O'l......... (City M Town and Sta,te) Subscribed and sworn to before me this ............................... ....................~.~~... . .. day of ...=fYl.~:':-.~.................... 19:J.5.... ...~D~\(V;ot~,. ''':I;Y/~PI'~I~..R-c.:..~~:::.~t:l~.. . ............... . ~ ,.". ",. ""'... ..... NOTE: Before signing affidavit make sure all blank spaces in the affidavit and schedules annexed are filled in with details or the word nNonen, and in case the assets include rare and unlisted securities, securities of close or family corporations or an interest in any co-partnership or business, that the data ann statements required under the paragraph above relating to Schedule "B" are attached. Also make certain that column #1 in the "Summary" has been properly completed as above-directed. RC C-34 (4-73) COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF: COUNTY COLLECTIONS TRANSFER INHERITANCE TAX RESIDENT I)ECEDENT SCHEDULE "Au REAL PROPERTY *' Real property in Pennsylvania, with statement of mortgage encumbrances upon each parcel at death of dece- dent. Property held by the decedent as tenant in common with another or other, should be identified os to quantum of interest and the estimated value should be that of the decedent's interest only. (Property held (IS joint tenants with right of surviorship or tenancy by entireties should be reported on Schedule liE.") The real property located In the Commonwealth of Pennsylvania should be (1) (2) (3) described by' lot and block number, street and street number, together with DEPARTMENT a general description of the property, with a reference to the record of the ASSESSED VALUE VALUATION conveyance by which the decedent took title; If a farm state number of a- FOR YEAR OF ESTIMA TED CAUTION cres; also sl'atement of mortgage encumbrances upon each parcel at death of decedent. Taxes, assessments, accrued Interest on mortgages, etc.,are DECEDENT'S MARKET VALUE (Do not write to be listed on Schedule "F" and must not be deducted from this schedule. DEA TH In this space) NONE ~ (h.JL Insert this total opposite "real property", Schedule "A" in the X X X X X "As Reported" column on the last page of this return. "L . "F,- Item No. ITEM List and describe fUlly CASH AND CASH ITEMS: Uncashed dividend check Delmarva Power & Light Company payable 7/31/78 Uncashed interest check u.S. Treasury Series H Bond dated 8/1/78 Proceeds of Dauphin Deposit Bank & Trust Company Savings Account # 01-07679 Accrued interest Proceeds of Harris Savings Association Optional Payment Savings Account Accrued interest Proceeds of Cumberland County National Bank Savings Account Accrued interest Refund on cancellation of Subscription from National Geographic Society Cambridge Savings Bank 6% Term Deposit Certificat due 8/10/80 Accrued interest Proceeds from Cumberland County National Bank - Checking Account # 093-656-7 - Less: Check dated 8/14/78 Refund of unearned Penn Mutual Check - $ 1,203.56 131.50 Sun Federal Savings & Loan Association 7.50% Certificate of Deposit due 7/5/82 Accrued interest Refund for uncashed Travelers Cheques from j~erican Express Company Claim payment from Penna. Blue Shield Refund on cancellation of subscription from u. S. News and World Report Refund on cancellation of subscription from House and Garden SECURITIES: $ 15,000. U.S. Savings Bonds Series H n/o Mrs. Kathryn S. Brackett 238.739 shares - PP&L Company n/o Mrs. Kathryn S. Brackett UNIT VALUE ESTIMATED MARKEr VALUE DEPARTMENT VALUATION (Do not "rHe 1n this space) $ \32.0 \ \300.00' ',- ". 431. 87 . 2.65 11,806.11 57.87 "'-. '- "'-. \15.000.0 Item No. ITEM List and describe fully UNIT ESTIMATED VALUE MARKET VALUE TRUSTEE UNDER AGREEMENT: Dauphin Deposit Bank & Trust Company, Trustee under Agreement with Kathryn S. Brackett: Cash: SECURITIES: $ 23,000. 3,000. 1,000. 1,000. 2,000. 3,000. 500. 3,000. 300 79 100 300 90 300 100 Principal Income $ U.S. Treasury 7.875% Notes due 5/15/86 Accrued interest U.S. Savings Bonds Series E dated November 1955 U.S. Savings Bonds Series E dated February 1955 Tennessee Valley Authority 6.375% Power Bonds due 11/1/92 Accrued interest Dauphin Borough Municipal Authority 4.625% Sewer , Revenue Bonds due 4/1/2001 \1,,588.32 Accrued interest ~2.11 AT&T Company 5.50% 30 yr. Deb. Bonds due 1/1/97 Accrued interest AT&T Company 8.75% 30 yr. Deb. due 5/15/00 Accrued interest Philadelphia Electric Company 6.5% First & Refunding Mortgage Bones due 3/1/93 Accrued interest shares - AT&T Company, Capital shares - Dauphin Deposit Corporation shares - Delmarva Power & Light Company shares - Liggett Group, Inc. shares shares Public shares Company /' 1,987.60 / ~839. 07 ""-.16.47 - PP&L Company - Southwestern Service Co. - Texas Utilities "- )-9-+18 ,~,-~:J12."~0 ) ""-- ."" 4,631.2 DEPARTMENT VALUATION (Do not w-ri.te in this space) Rec -3E; RESIDENT DECEDENT SCHEDULE "B" PERSONAL PROPERTY COMMONWEALTH OF PENNSYLVANIA TRANSFER INHERITANCE TAX INSTRUCTIONS: This Schedule must disclose all tangible and intangible personal property owned individually by the decedent, at the time of his death. Property owned by the decedent jointly with another or others must be li!sted under Schedule "E". Intangible personal property, titled in the name of the decedent, but payable at death to another or others, including but not limited to P. O. D. U. S. Savings Bonds and tenta- tive tl'USt accounts, must be listed, despite the fact that they are not of the administered estate. Tangible personal property should be listed first (e.g. jewelry, wearing apparel, household goods, and fUrnishings, books, paintings, automobiles, boats, etc.) Intangible personal property, such as bonds, treasury certificates, cash on hand and in bank, stocks, mortgages, notes, together with accrued interest or dividends, salaries or wages, insurance pay- able to the estate or f'iduciary in said capacity, partnership interests, interest in any undis tributed estate of or income from any property held in trust under the will or agreement of another, even though located outside of the State, at the time of death, should be listed in this schedule. Item No. ITEM List and describe fUlly UNIT VALUE ESTIMATED MARKEl' VALUE DEPARTMENT VALUATION (Do not _rite in this space) 111 shares - Warner Lambert Company Accrued dividend shares - Massachusetts Investors Trust Certificate of Benefical Interest shares - Fixed Income Collective Investment Fund Accrued income: Fixed Income Collective Investment Fund Accrued interest: Dauphin Deposit Bank & Trust Company Statement Savings Account $\ 5,940.0 \ 57.60 192 205.65 \ 2,202.51 \ \ 161. 66 $ 135,476.03 Less: Rhoads, Sinon & Hendershot - Attorney's Fee Costs for Filing Account Notary Fees 500.00 159.00 2.00 -~- 134,815.03 MISCELLANEOUS: Ladies diamond ring - Appraised Value '\ 650.00 "\150.00 $ 186 Household effects - Appraised Value Insert thlls total opposite "Personal Property", Schedule "B" in the "As R~!ported" column on the last page of this return. x X C'-.::) L~~. \ 8lo) 1&5. 3l RCC-36 COMMONWEALTH OF PENNSYLVANIA TRANSFER INHEHITANCE TAX SCHEDULE "c" TRANSFEItS RESIDENT DECEDENT (1) Did decedent, within two years of death, make any transfer of any material part of his estate, without receiving a valuable and adequate consideration therefor? (Answer yes or no) No (2) Did decedent, within two years of death, transfer property from himself to himself and another or others (including a spouse) in joint ownership? (Answer yes or no) No (3) If the answer to (1) or (2) above is in the affirmative state: (a) Age of decedent at time of transfer (b) State of decedent's heal th at time of making the transfer. (Note 1). (c) Cause of decedent's death. (Note 1). (4) Did decedent, in his lifetime, make any transfer' of property without receiving a valuable or adequate consideration therefor which was to take effect in possession or enj,>yment at or after his death? (Answer yes or no) No (a) Was there any possibility that the property transferred might return to transferer or his estate or be subject to his power of disposition? (Answer yes or no). (b) What was the transferee's age at time of decedent's death? (5) Did decedent in his lifetime make any transfer without receiving a valuable and adequate consideration therefor under which transferor expressly or impliedly reserves for his life or any period which does not in fact end before his death: (a) The possession or enjoyment of or the right to income from the property transferred? (Answer yes or no) No (b) The right to designate the persons who shall possess or enjoy the property transferred or income therefrom? (Answer yes or no) No (6) If the answer to (5) (b) above is in the affirmative, state whether the right was reserved in decedent alone or others (7) Did decedent in his lifetime make a transfer, the consideration for which was transferee's prolnise to pay income to or for the benefit of care of transferor? (Answer yes or no) No (8) 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? (Answer yes or no) No (9) If the answer to (8) above is in the affirmative, was the power to alter, amend, or revoke the inter- est of the beneficiary reserved in the decedent alone or the decedent and others? (Answer yes or no) No NOTE 1:: The anSwers to these questions should be supported by affidavit by the atten(Ung physician as well as a copy of the death certificate. NOTE 2:: If answer to any of the above questions is yes, set forth below a d~scription of the property transferred, it's fair market value at date of death, dates of transfers and to whom transferred, with relationship of transferees to decedent, if any. Submit copy of any trust deed or instrument, if trans- fers are claimed to be non-taxable, also submit detailed statement of facts on which said claim is based. NOTE 3: List applicable property below in manner in which provided in Schedules A, B, or E. ITEM DESCRIPTION MARKET VALUE (Es tima ted) DEPT. VALUATION (Dept. Only) NONE ~~ Insert this total opposite "Transfers", Schedule "e" in the "As Reported" column on the last page of this return. L~~~ LAST WILL AND TESTAMENT OF KA THR YN S. BRACKETT I, KA THRYN S. BRACKETT, of East Pennsboro Township, Cumberland County, Pennsylvania, being of sound and disposing mind and memory, do make, publish and declare this to be my Last Will and Testament, hereby revoking all Wills and Codicils by me at any time made. ITEM I: All inheritance and estate taxes becoming due by reason of my death, whether such taxes may be payable by my Estate or by any recipient of any property, shall be paid by my Executor out of the property passing under ITEM VII of this Will, as an expense and cost of administration of my Estate. My Executor shall have no duty or obligation to obtain reimbursement for any such tax paid by my Executor, even though on proceeds of insurance or other property not passing under this Will. In the absolute discretion of my Executor, my Executor may pay such taxes immediately or may postpone the payment of taxes on future or remainder interests until the time possession thereof accrues to the beneficiaries. IT EM II: I hereby exerClse all powers of appointment which I may have at the time of my death in favor of my Executor, and all property sub- ject to all such powers of appointment shall be included in my Estate and be governed by the provisions of this Will. IT EM III: I bequea th all of my household furniture and furnishings. automobiles, books, pictures, jewelry, china, silverware, wearing apparel and other like items of household or personal use or adornment to my surviving children in equal shares, to be divided an-lOng them as they shall agree, with the suggestion that they follow a list I have prepared. Any books not taken by Page 1 of 12 pages. i my surviving children shall be distributed to either the NEW CUMBERLAND i PUBLIC LIBRARY or to the HARRISBURG STATE HOSPITAL, of Harrisburg, f ~ Ii i t ;. , Pennsylvania, whichever my surviving children shall choose. Any of the other items listed above, which are not taken by my surviving children, shall be ; . ;.. r distributed to a worthwhile charity to be selected by my surviving children. ITEM IV: I bequeath the sum of ONE THOUSAND ($1,000) DOLLARS to each of the following: A. MARIAN ALIDA BRACKETT, the wife of my son, William E. Brackett, Jr., of Denver, Colorado. B. CAROLINE LOU BRACKETT, the wife of my son, Warren R. Brackett, of Newark, Delaware. C. ROSE MARY BRACKETT, the wife of my son, Alan O. Brackett, of Albuquerque, New Mexico. D. The HARRISBURG SYMPHONY ASSOCIATION, of Harrisburg, Pennsylvania. ITEM V: I bequeath the sum of TWO THOUSAND DOLLARS ($2,000) to the Trustees of the COMMUNITY UNITED METHODIST CHURCH OF NEW CUMBERLAND, PENNSYLVANIA. ITEM VI: I bequeath the sum of TWO THOUSAND DOLLARS ($2,000) to the Trustees of the OGUNQUIT METHODIST CHUHCH, of Ogunquit, Maine, as Trustees. Such bequest is to be added to the existing Trust Fund which I have previously established in honor of my pa rents, Dr. William W. Smith and Augusta M. Smith. and which is held by the said Trustees, The Pa g e 2 of 1 2 pa g e s . said Trustees shall hold this bequest, IN TRUST NEVERTHELESS, for the uses and purposes applying to the said Trust Fund, that is, to use the income for the general purposes of the said Church. IT EM VII: I give, devise and bequeath all of the rest, residue and remainder of my property, real, personal and mixed, not disposed of in the preceding portions of this Will to my sons, WILLIAM E. BRACKETT, JR., WARREN R. BRACKETT, and ALAN O. BRACKETT, in equal shares. If any of my sons is not living at the time of my death, his share shall be distributed and administered as hereinafter provided. ITEM VIII: If my s on, WILLIAM E. BRACKETT, JR., is not living at the time of my death, the following provisions shall apply to his residue share as described in the preceding Item: (A) If his wife, Marian A lida Brackett, is living at the time of my death and if, in the sole opinion of my Executor, she was living with him as his wife at the time of his death, then I give, devise and bequeath the sum of TWENTY -FIVE THOUSAND ($25,000) DOLLARS from his said residue share to the DAUPHIN DEPOSIT BANK AND TRUST COMPANY, Harrisburg, Pennsyl- vania, as Trustee, IN TRUST NEVERTHELESS, for the following uses and purposes: 1. Said Trustee shall have, hold, manage, invest, and reinvest the same, collect the income, and pay over the net income in quarterly installments to MARIAN ALIDA BRACKETT, the wife of my son, William E. Brackett, Jr., of Denver, Colorado, during her lifetime. 2. Upon her death, said Trustee shall distribute the then Pa g e 3 of 1 2 pa g e s . Trust assets to the then living issue of my son, William E. Brackett, Jr., per stirpes. (B) Subject to the provisions contained In section (A) of this Item VIII, I give, devise and bequeath the said residue share of my son, William E. Brackett, Jr., to his issue per stirpes living at my death. ITEM IX: If my son, WARREN R. BRACKETT, is not living at the time of my death, the following provisions shall apply to his residue share as described in Item VII: (A) If his wife, Caroline Lou Brackett, is living at the time of my death and if, in the sole opinion of my Executor, she was living with him as his wife at the time of his death, then I give, devise and bequeath the sum of TWENTY- FIVE THOUSAND ($25,000) DOLLARS from his said residue share to DAUPHIN DEPOSIT BANK AND TRUST COMPANY, Harrisburg, Pennsylvania, as Trustee, IN TRUST NEVERTHELESS, for the following uses and purposes: 1. Said Trustee shall have, hold, manage, invest, and reinvest the same, collect the income, and pay over the net income in quarterly installments to CAROLINE LOU BRACKETT, the wife of my son, Warren R. Brackett, of Newark, Delaware, during her lifetime. 2. Upon her death, said Trustee shall distribute the then Trust assets to the then living issue of my son, Warren R. Brackett, per stirpes. (B) Subject to the provisions contained in (A) of this Item IX, I glVe, devise and bequeath the said residue share of my son, Warren E. Brackett, to Pa g e 4 of 1 2 pa g c s . his issue per stirpes living at my death. ITEM X: If my SOn, ALAN O. BRACKETT, is not living a t the time of my death, the following provisions shall apply to his residue shar e as described in Item VII: (A) I give and bequeath the sum of TWO HUNDRED ($200) DOLLARS to each of his step-children living at the time of my death. (B) If his wife, Rose Mary Brackett, is living at the time of my death, and if, in the sole opinion of my Executor, she was living with him as his wife at the time of his death, then I give, devise and bequeath the sum of TWENTY -FIVE THOUSAND ($25,000) DOLLARS from his said residue share to DAUPHIN DEPOSIT BANK AND TRUST COMPANY, Harrisburg, Pennsylvania, as Trustee, IN TRUST NEVER THELESS, for the following uses and purposes: 1. Said Trustee shall have, hold, manage, invest, and reinvest the same, collect the income. and pay over the net income in quarterly installments to Rose Mary Brackett, the wife of my SOn, Ala n O. Brackett, during her lifetime. 2. UpOn her death, said Trust shall terminate, and all assets thereof shall be added to the assets governed by sec- tion (C) of this Item and be governed by the provisions of said section (C). (C) Subject to the provisions contained in sections (A) and (B) of this Item X, I give, devise and bequeath the said residue share of my SOn Alan O. Brackett to DAUPHIN DEPOSIT BANK AND TRUST COMPANY. Harrisburg. Pennsylvania. as Trustee, IN TRUST NEVERTHELESS. for the following uses and purposes: Page:' of 12 pages. 1. The Trustee shall divide the principal of the Trust into as many equal shares or parts as there are then living children of said son. and then deceased children of said son represented by then living issue. The Trustee shall hold One such share as a separate Trust for the benefit of each then living child of my son, and one such share as a separate Trust for the benefit of the issue of each such then deceased child of my son. 2. In each Trust thus established for a then living child of my son, the Trustee shall have, hold, manage, invest and reinvest the principal thereof, collect the income, and shall, if the child is under 21 years of age, quarterly pay to or for the benefit of such child so much of the net income and princi- pal of said Trust as, in the sole discretion of the Trustee, may be necessary to maintain said child in the proper station in life, including proper support, maintenance, medical, hospital, nursing and nursing home care, and college, university, post- graduate or other education; any unused income shall be accumu- lated. Upon such child's attaining the age of 21 years, my Trustee shall pay to such child any unpaid accumulated income. There- after, or beginning at the creation of the Trust, if such child is 21 or more years of a ge upon the c rea tion of said T rus t, my Trustee shall pay the net income. in quarterly installments. to such child. When such child attains the age of 35 years, all of the remaining assets of said Trust shall be distributed to him or her. (If, at the establishment of said Trust. said child has al- ready attained an age at whieb he or she ""'auld have been entitled Pa g e G of 1 2 pa g e s . to distribution of assets as above provided, the assets which would have been distributed at age 35 shall be distributed to such child forthwith.) Should such child of my san die before final distribution of the assets of said Trust, but be survived by then living issue, all then remaining assets shall be distributed to such child's then living issue, per stirpes. Should such child die before final distribution, and not be survived by then living issue, the provi- sions of paragraph 4 herein shall obtain. 3. In each Trust established for the benefit of the issue of a deceased child of my said son, the Trustee shall have, hold, manage, invest and reinvest the principal thereof, collect the income, and shall quarterly pay the net income to or for the bene- fit of the issue of such deceased child of my son, per stirpes, living at each time of quarterly distribution; twenty (20) years following my death, the Trus tee shall dis tribute all of the then assets in the Trust to the then recipients of the income, in the proportions by which they are then entitled to the income. 4. If at any time before final distribution of the assets of any of the Trusts established for my son's children or the issue of deceased children of my son, there are no living beneficiaries of said Trust, that Trust shall terminate, and its assets shall be divided into as many equal shares as there are then existent Trusts created under paragraph 1 of this section (C), and one such share shall be added to each such then existent Trust; Provided, that if any of said Trusts herein created has previously been terminated by distribution of all of its principal to its benefiCiaries. said beneficiaries who received distribution of Ult' principal of that Pai::t. 7 of 12 page::;. Trust shall collectively be considered an "existent Trust" for the purpose of this paragraph, and one such equal share shall be distributed direc tly to such beneficia ries in the same pro- portion by which they received the principal of the Trust, or, if deceased, to their issue, per stirpes. If at the time of termi- nation described in this paragraph 4, or if at any time before final distribution of assets under this Item, there is no then existent Trust as herein defined, then all then assets of said Trust shall be distributed to such persons, and in such propor- tions as would be entitled to receive my Es tate had I then died intestate, a resident of Pennsylvania. 5. Regardless of the foregoing provisions of this instrument, if any Trust established in paragraph 1 of section (C) of this Item is in existence 20 years fOllowing the death of the survivor of my- self and the wife of my said son, each such Trust shall terminate a t the end of said 20th year following the dea th of the said survIvor, and all assets of the Trust shall then be distributed to the then recipient(s) of the income of said Trust in the proportion by which said recipient(s) are then entitled to the income. ITEM XI: No part of the income or principal of the property held under the Tr us ts c rea ted he reunder shall be s ubjec t to a ttachment, levy or s ei- zure by any creditor, Spouse, assignee or trustee or receiver in bankruptcy of any beneficiary prior to his or her actual receipt thereof. My Trustee shall pay over the net income and the principal to the parties herein designated, as their interests rnay appear, without regard to any attempted anticipation (except as specifically provided in this instrument), pledging or assignnlent by any benefi- IJa 12 e S of 1 2 pa g e s . ciary under any Trust created hereunder, and without regard to any claim thereto or attempted levy, attachment, seizure or other p,'.:>cess against said beneficiary. ITEM XII: In the settlement of my Estate and during the COn- tinuance of the foregoing Trusts, my Executor and my Trustee of each Trust shall possess, among others, the fOllowing powers to be exercised for the best inter- ests of the beneficiaries: (a) To retain any investments I may have at my death so long as my Executor or Trustee may deem it advisable to my Estate or Trusts so to do. (b) To vary investments, when deemed desirable by my Executor or Trustee, and to invest in such bonds, stocks, notes, real estate mortgages or other securities or in such other real or personal property as my Executor or Trustee shall deem wise, without being restricted to so-called "legal investments'!, (c) In order to effect a division of the principal of my Estate or a Trust or for any other purpose, including any final distribution of my Estate or any Trust, my Executor or Trustee is authorized to make said divisions or distributions of the per- sonalty and realty partly or wholly in kind, If such division or distribution is made in kind, said assets are required to be divided or distributed at their respective values On the date Or dates of their division or distribution. (d) To sell either at public or private sale and upon such terms and conditions as my Executor or Trustee n1ay deem advan- Page 9 of 12 pages, tageous to n1Y Estate or Trusts, any or all real or personal estate or interest therein owned by my r:state or Trusts severally or in conjunction with other persons or acquired after my death by my Executor or Trustee, and to consummate said sale or sales by sufficient deeds or other instruments to the purchaser or pur- chasers, conveying a fee simple title, free and clear of all trust and without obligation or liability of the purchaser or purchasers to see to the application of the purchase money or to make inquiry into the validity of said sale or sales; also, to make, execute, acknowledge and deliver any and all deeds, assignments, options or other writings which may be necessary or desirable in carry- ing out any of the powers conferred upon my Executor or Trustee in this paragraph or elsewhere in my Will. (e) To mortgage real estate. (f) To make leases of real estate. (g) To borrow money from any party, including the Dauphin Deposit Bank and Trust Company, to pay indebtedness of mine or of my Estate or Trusts, expenses of administration, or inheritance, legacy, estate and other taxes. (h) To pay all costs, taxes, expenses and charges in con- nection with the administration of my Estate or Trusts, and my Executor shall pay the expenses of my last illness and funeral expenses. (i) To voLe any shares of stock which form a part of my Pa g e J 0 of 1 2 pa g e s . Lstat(" or a Trust and to ot.h."rwise t:xerLise all the pO'....crs inci- dent to the O'.vnership of such stock. (j) In the discretion of my Executor or Trustee, to unite with other owners of similar property in carrying out any plans for the reorganization of any corporation or company whose securi- ties form a part of a Trust or my Estate. (k) To ass ign to a nd hold 1.n a T rus tan undivided por tion of any asset. ITEM XIII: Any person who shall have died at the same time as Testatrix or in a common disaster with her, or under such circumstances that it is difficult or impossible to determine who died first, shall be deemed to have predeceased her. ITEM XIV: If at any time any minor shall be entitled to receive any assets hereunder, DAUPHIN DEPOSIT BANK AND TRUST COMPANY, Harrisburg, Pennsylvania, shall act as Guardian of the assets payable to such minor. Said Guardian may receive and administer all assets authorized by law and shall have full authority to use such assets, both principal and income, in any manner said Guardian shall deem advisable for the best interests of such minor, including college, university, post-graduate or other education. without securing court order. Said Guardian shall have all the rights and privileges as to the Guardianship(s) and the assets thereof as are herein granted to my Executor as to my Estate and the assets therein. ITEM XV: Regardless of the foregoing provisions of this Will, if, at any time, any issue of a son of m.ine 15 legally adopted by any other per- Pa g c 11 of 1 2 pa g e s . i I ~L flU:" fltle!; lflf1Uf' sil.dl hf-:iCrlurth, ior purpoBCS of tIilS \'," ill , no! he considered children or issue of my son or of me. ITEM XVI: I hereby nomina te, cons titute a nd appoint DA UPHIN DEPOSIT BANK AND TRUST COMPANY, Harrisburg, Pennsylvania, to be my Executor. My Exec utor, Trus tee, and Guardian specifica lly are relieved from the duty or obligation of filing any bond or other security. IN WITNESS WHEREOF, I have set my hand and seal to this my Last Will and Testament, consisting of this and the preceding eleven (11) pages, this ':!J 4) , 1978. day of H< if )1)3 ~-- K~n S. Brackett (SEAL) We, the undersigned, hereby certify that the foregoing Will was signed, sealed, published and declared by the above-named Testatrix as and for her Last Will and Testament, in the presence of us, who, at her request and in her presence and in the presence of each other, have hereunto set Our hands and seals the day and year above written, and we certify that at the time of the execution thereof, the said Testatrix was of sound and disposing mind and memory. p~C;j-~~ (SEAL) 7?ed~~.c-::L) Residing at: Residing a t: ~cJ I '1 {' O(J.>(A---1~^--, /1], (. LLi. /c.... /t-'-'€:;) ~ft>A(r~LU'?6 J PA-. (SEAL) Residing a~ 1-) K~?f.j77r'Ik'(L.A,-J~ 0/6la. / i~tL Pa gel 2 of 1 2 pa g e s . Marian Alida Brackett 3039 Quitman Street Denver, Colorado 80212 RELATIONSHIP (If step-children or illegitimate chil~. en are involved, set forth this fact.) Daughter-in'~Lawl _._~-.~ SURVIVED I DE"'''DE'''T ! . \.1:'.... ............ I STATF~ YES . OR NO ! I I I -1- DATE OF BIRTH INTEREST OF BENEJ.<'lCIAR\ IN ESTATE BENEFICIARIES AND ADDRESSES \State full names and addresses of all who ha,e an interest, vested. contingent or other- wise, in 2state) Yes Bequest $1,000.00 Caroline Lou Brackett 210 Kenmark Road Newark, Delaware 19713 Dau h,er-~n-La~ yes-=----t-- ~--=i= ----+ Be uest $1,000.00 r~-in-LatYeS Albuquerque, New Mexico 87110 I -l- Harrisburg Symphony Associatio:l 1- ~- ~ 16 North Second Street I I i Harrisburg, Penna. 17101 I Rose Mary Brackett Beauest $1 000.00 4908 Hilton Avenue I Community United Methodist Church of New Cumberland 16th & Bridge Street New Cumberland, Penna. 17070 ~ Bequest $1, 000.00 de I i - Bequest $2.000,00 ,.' 1<. Warren R. Brackett 210 Kenmark Road Newark, Delaware 19713 Son I I Bequest $2,000.00 , !. "- I I i I Yes Bequest of tangible T effects & 1/3 of I I residue I I ._w I - Yes Bequest of tangible effects & 1/3 of residue Ogunquit Methodist Church Ogunquit, Maine I I Son I William E. Brackett, Jr. 3039 Quitman Street Denver, Colorado 80212 RCC-37 (12-63) CO~l!\lU~\n~ALTIl OF l'EX:\'SYYL:\:\'IA TRANSFER INIIERITA!\CE TAX RESIDENT DECEDENT SCHEDULE "D' BE:\EFICIA.I\1 Fe; RELATIONSHIP SURVIVED I (If step-chIldren or , IllegItImate c1ltid,en nEl I:DEr\T I , " STA'~-}~ YES '" are involv('d, sd forth this fact.) , OR NO I --r-- I Son i Yes ! ---t- I I -+ BENEFICIARIES AND ADDRESSES , \State full names and addresses of all WhOI have an interest, vested, cant ingent or other'l wise, in 2state) Di\TE OF HI RTH INTEREST OF BENEt-'ICIAR\ IN ESTATE Alan o. Brackett 4908 Hilton Avenue Albuquerque New Mexico 87110 Bequest of tangible effects & 1/3 of residue I I I I I I 1 =+- -I I , I I - I I I -+ ~ i i I I , -r- T I t--- I I I : ,- - =t Deponent further says that all the above-named beneficiaries are living at this time except below: NAME DATE OF DE=THI RESIDENCE R C C-38 RESIDENT DECEDENT SCHEDULE" E" JOINTLY OWNED PROPERTY COMMONWEALTlI OF PEl\,'\S'r LVANIA TRANSFER INHERITANCE TAX INSTRUCTIONS: This schedule must disclose all property, real and personal, owned by the decedent jointly with another or others, including intangibles, standing in the name of the decedent and others. List real estate first, as entireties, or joint tenants, giving brief description, as indicated tmder Schedule "A", plus the date and place of record of instrument effecting vestiture, but do not include entireties or out of state real estate value in estate valuation column. Personal property should be listed as in Schedule "B", plus date of acquisition, and the name, address and relationship (if any) of co-owners to the decedent. Description of Property, Date of Acquisition, Name Address and Relationship of Co-Owners, and Place of Record of Instrument, where Real Estate. >I': >I': x'\ x'\ Unit Value percen tage Share Estate Valuation DEPART1ffiNT VALUATION CAUTION-Do not Write In This Space. Value of Entire Property Value of Decedent's Interest NONE Nt-U..., Insert this total opposite "Jointly Owned Property", Schedule "E" in the "As Heported" column on the la,st page of this return. '--... -;;;., FlEV-S18 (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 Paul J. Hanna, II, Trust Officer Dauphin Deposit Bank & Trust Company 213 Market Street, P. O. Box 2961 Harrisburg. PA 17105 (Executor or Administrator! In Re: Estate of Kathryn S. Brackett Cumberland County - File No. 21,...78-0450 Dear Mr. Hanna: You are hereby notified that the original appraisement in the estate of Kathryn S. Brackett has been filed in the office of the Register of Wills of Cumberland County on Jtme 29 . 19~ Said appraisement reflects the following valuations: Real Estate Personal Property Transfers Jointly Owned Total None 186,785.31 None None $186,785.31 As to such tax that is paid within three months from date of death, a five (5%) percent discount is allowable. As to any tax that remains unpaid after nine (9) months (fifteen months when death occurred from December 22, 1965 to June 16,1971, inclusive; and twelve months when death occurred prior to December 22, 1965) from date of death, interest at the rate of six (6%) percent per annum is charged. Any party in interest who is aggrieved by this notice may object thereto within sixty days after receipt of said notice as provided by Section 1001 of the Inheritance and Estate Tax Act of 1961, 72 P. S. 2485-1001, P. L. 373. Date June 29, 1979 '-0 Signed C:7 ~"..~0 f'._.....~ \ \ . \. '-r- '-.:) Title Administrative Officer NOTE: This is not a bill. REV-4!i7 (8-78j DEPARTMENT OF REVENUE BUREAU OF FiElD OPERATIONS P.O. BOX 2970 HARRISBURG, PENNA. 17105 COMMONWEALTH OF PENNSYLVANIA RESIDENT INHERITA!\lCE TAX APPRAISEMENT DATE COUNTY FILE NO. June 29 ~ .1J..?~L _ Cumb e..!..len9-._" 2l-78-045Q..__" Whereas, Kathryn S. Brackett late of East Pennsboro Township in the County of Cumberland Commonwealth of Pennsylvania, havin the 4th day of August 19 ~, seized and possessed c subject to Inheritance Tax under the laws of the Commonwealth of Pennsylvania; Therefore, I, Leo Fulginiti , an appraiser duly appointed accx.' having been designated to make a fair and conscionable appraisement or t:le said eState, and to assess and value of all annuities and life estates growing out of said estate, hereby Ue the following appraisement: In th,~ event that any future interest in this estate is transferred in oossessjon or enjo);'rrier1t to co1!aterJi heirs of the decedent al'tc'i of any estate for life or for years, the Commonwealth hereby expressly reserves the riqh: t'-J apO(;:jis.2 and assess transfer inheritance taxes at ';!-)e ,," rate on any such future interest. DESCRIPTION OF ASSET UNIT II "."'.' ,e; VALUES ( ~, -'~~. [ ~ 1r$ Real Property " Nonei .-.------.-.i Personal Property l_~, 785, Joint-Held Property None ",~_-...-_"",r.~'.',,,,,,,,,_____,,,,,,,, ."-,,,.'~2'~~.."~ Transfers ! __!t~ TOTAL ASSETS , 186 785 , ---_. , ._._.~------ , f " --.~-,_...~,-'.,.- n """"-'- '>----.,.. 1 -...---- P -~.'.""-~"--".....'_-'..._""...., .-&L_....'~".,;;._~'o>..~v.. , - ""__-.,...-_,,_.,..w .....-----~;, ""'".----""''-''-.._--..~,=..--.,--.----_. , I ~".,--'- ~ --- :: r-- ---".....,'~'"..<.,., "~. '..____~"._ "r._.....--__ , ~... -'"'" ! , i> ~ ,I ~ '".....~___^'_....'"..____~..~___..._'C'<=.."'__.-..~_.,,..... i 11 11- i ~ I Ii "-'~.....'..._. ,. H ---1.~-- ;i 1i ,,:..-,.~,"~ ;l l' i ~,~,.~-, I l) Ii 11-" ~.,,'''-"'"''''-''''._'.=--'''''''''''' ........""-",",~.,~,-'. ",',.-,'",,,,.,,,, 'Yl~nt '(ltanCe -I 31 31 -] I Have been duly sworn according to law, I do hereby cer~ify That the above appr~isement is made in ':(, with the law on this 29th day of '-.'< . ,,-'~> "J June 1 ZQ <e.- j-~~ 'i. \..rv" - ". -', --,-~',........" ~ (J (i"~ulnber and Street) Harrisburg (Post Office)