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HomeMy WebLinkAbout06-03-08 (2) ....J 15056041147 REY-1500 EX (06-05) PA Department of Revenue Bureau of Individual Taxes PO BOX.280601 Harrisburg, PA 17128-0601 ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death OFFICIAL USE ONLY County Code INHERITANCE TAX RETURN 21 RESIDENT DECEDENT Year File Number 07 00833 Date of Birth 195389494 09032007 03041955 Decedent's Last Name Suffix Decedent's First Name VINSON MI F ERTZ (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW 181 1. Original Return 0 2. Supplemental Return o 3. Remainder Return (date of death prior to 12-13-82) 5. Federal Estate Tax Return Required 0 4. limited Estate 0 4a. Future Interesl Compromise (date of death after 12-12-82) 0 6. Decedent Died Testate 0 7. Decedent Maintained a Living Trust (Attach Copy of Will) (Attach Copy of Trusl) 0 9. litigation Proceeds Received 0 10 Spousal Poverty Credit (date of death . between 12-31-91 and 1-1-95) o o 8. Total Number of Safe Deposit Boxes o 11. Election to tax under Sec. 9113(A) (Attach Sch. 0) CORRESPONDENT - THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number RICHARD E. CONNELL 7172328731 City or Post Office CAMP HILL State PA ZIP Code 1 7 0'11 Firm Name (If Applicable) BALL, MURREN & CONNELL First line of address 2303 MARKET STREET Second line of address C d t' "I dd con n e 11 @ b m c - 1 a W . net orrespon en s e-mal a ress: __ _ Stephen E. ADDRESS Richard E. Connell DATE I " / /: //l/ .:J J _ I '~t...-, ADDRESS 2303 Market Street, Camp Hill, PA 17011 Side 1 L 15056041147 15056041147 ....J --.J 15056042148 REV-1500 EX Decedent's Name: ERTZ, VINSON F. RECAPITULATION 1. Real Estate (Schedule A).......................................................................................... 1. 2. Stocks and Bonds (Schedule B)............................................................................... 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C).......... 3. 4. Mortgages & Notes Receivable (Schedule D).......................................................... 4. 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E)................ 5. 6. Jointly Owned Property (Schedule F) 0 Separate Billing Requested............. 6. 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (Schedule G) 0 Separate Billing Requested............. 7. 8. Total Gross Assets (total Lines 1-7)....................................................................... 8. Decedent's Social Security Number 195389494 2. 23,453.03 2,240.89 35,482.16 2,514.78 63,690.86 13,617.75 9. Funeral Expenses & Administrative Costs (Schedule H)......................................... 9. 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I)................................ 10. 11. Total Deductions (total Lines 9 & 10)...................................................................... 11. 12. Net Value of Estate (Line 8 minus Line 11)............................................................. 12. 13. Charitable and Governmental Bequests/See 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. TAX COMPUTATION - SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, of transfers under Sec. 9116 (a)(1.2)X~ 16. Amount of Line 14 taxable at lineal rate X .045 17. Amount of Line 1"'4'TciXable at sibling rate X .12 18. Amount of Line 14 taxable at collateral rate X .15 15. 47,558.33 16. 2,514.78 17. 18. 19. Tax Due........... ............ ................. .................................. .............. ............................. 19. 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. Side 2 L 15056042148 13,617.75 50,073.11 50,073.11 2,140.12 301.77 2,441.89 K1 15056042148 --.J REV-1500 EX Page 3 Decedent's Complete Address: I Ertz, Vinson F. STREET ADDRESS 660 #13 Geneva File Number 21 - 07 - 00833 Drive -- -,-- --- ---- CITY -TSTATE-;A --IP~;05;----- Mechanicsburg Tax Payments and Credits: 1 . Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount (1) 2,441.89 Total Credits (A + B + C) (2) 0.00 3. Interest/Penalty if applicable D. Interest E. Penalty Total Interest/Penalty (0 + E) 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Check box on Page 2 Line 20 to request a refund 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. A. Enter the interest on the tax due. B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (3) (4) (5) (5A) (58) Make Check Payable to: REGISTER OF WILLS, AGENT 0.00 2,441.89 2,441.89 PLEASE ANSWER THE FOllOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: 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?.............................................................. 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?......... 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. Yes No [~ IX-: [i1 l!J o o [l '1 \- [J [] [~ [!J 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 three (3) percent [72 P.S. 99116 (a) (1.1) (0]. For dates of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is zero (0) percent [72 P .S. 99116 (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 zero (0) percent [72 P.S. 99116 (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 four and one-half (4.5) percent, except as noted in 72 P.S. 99116 1.2) [72 P.S. 99116 (a) (1)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is twelve (12) percent [72 P.S. 99116 (a) (1.3)]. A sibling is defined under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. *' SCHEDULE B STOCKS & BONDS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT -r- U~~-~ALUE~ !VALUEATDATE-OF ____~~+~~N~~AT~___ ~ 39.87 I 1,802.12 I I I 26.09 i I I 42.6 r I I I I I I I I I ] I I I I I I I I I I I I I I I I I ] I I I I I I I I I I I I I I I I I i I I ---- --~ -------- --------~--- --------~----~----------~~---~- ~-- --- I TOTAL (Also enter on line 2, Recapitulation) I 23,453.03 ESTATE OF Ertz, Vinson F. All property jointly-owned with right of survivorship must be disclosed on Schedule F. ---,------- I I I ITEM NUMBER 1 DESCRIPTION AT&T Stock - 45.2 shares (Account No. 1000912278) 2 Comcast Stopck - 114 shares (CUSIP) 20030N-10-1) 3 T. Rowe Price Funds - 438.419 shares (CUSIP 779570-10-3) (Account No. 7150092570-8) I FILE NUMBER 121 - 07 - 00833 2,974.26 18,676.65 . SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT -----L I ESTAT:OF Ertz, Vinson ~. __ _ - -~- -- ~c ~-- ~_ u1 ~'1L~ ;7~M~~~3~_o-__ =--~--~ Include the proceeds of litigation and the date the proceeds were received by the estate. All property jointly-owned with the right of survivorship must be disclosed on schedule F. ITEM NUMBER 1 DESCRIPTION VALUE AT DATE OF DEATH Belco Checking 92.89 2 Travelers' Insurance - refund 48.00 3 Television - private sale to Alexander Bodar - purchaser of real estate 1,000.00 4 Saturn - 1996 VIN - 1G82G5288T2127012 Mileage - 76,021 Sold to Michael A. Rios 800.00 5 AT&T Cingular Wireless - pension payment 300.00 TOTAL (Also enter on Line 5, Recapitulation) 2,240.89 ESTATE OF Ertz. Vinson F. J . . .JOINTLys.g~~L~:~PE~TY . J . . .u . _ ___u .____ . __ -----. -----1 FILE NUMBER ------------ ~____ 21 - 07 -=- 0083~___________ COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT If an asset was made joint within one year of the decedent's date of death, it must be reported on schedule G. SURVIVING JOINT TENANT(S) NAME Francis J. Ertz ADDRESS 19588 Southwest Touchmark Way #304 Bend, OR 97702 RELATIONSHIP TO DECEDENT Father A -~-----------._---- f----------- JOINTLY OWNED PROPERTY: I I . DESCRIPIION OF PROPERTY ITEM I LETTER I DATE Include name orfinanclal mstitullon ana Dank account number NUMBER FOR JOINT MADE or similar identifying number. Attach deed for jointly-held real I TENANT 1----- JOINT estate. 1 I A 103/17/2088 660-13 Geneva Drive I I Upper Allen Township I I Cumberland County, PA I : (Songuild Condominium) i I See copy of settlement sheet attached. : Reported value is net of mortgage and settlement charges on contract sales price of $117,500. DATE OF DEAT~.~ % OF i-------OATEOF DEATH - DECD'S VALUE OF VALUE OF ASSET INTEREST DECED~:~NTERES=- 70,964.32 I 50% 35,482.16 I I I I I I I I I I I I I I I I I I I I I I \ I I I I _-----L______J__------.J I I \ I \ I I I I I -.-.-L. ___ TOTAL (Also enter on line 6, Recapitulation) I I L 35,482.16 SCHEDULE G I INTER-VIVOS TRANSFERS & MISC. NON-PROB~~~~RTY ~_~____________ ESTATE OF Ertz, Vinson F.----1FlLE-~~~~\\i-oOB33 -- - . __u_ This schedule must be completed and filed if the answer to any of questions 1 through 4 on page 2 is yes. ITEM I DESCRIPTION OF PROPERTY , fDATE OF DEATH % OF EXCLUSION ---------- NUMB,ER : , Include the name of the transferee, their relatiOnSh, lp to decedent VALUE OF ASSET DECD~'SH (IF, APPlICABL, E) I TAXABLE VALUE ______L__ and the date of transfer. AttachaCOPYOfthedeedforreale~~----+~~~~ INTEREST _________ ___________ 1 II Charles Schwab Simple IRA I 2,514,78 100% t 2,514.78 (Beneficiaries - Jeffrey Ertz-brother) I I I i i I II \ I I \ I I I I I I: I I i I i I I, I i I I I I I I I j I i I I I I I I I I I i I I I I I I I I I I I I I I I I I I I I I I i I I I I ' I I I I I I I I ~_ I ------~------- I 2,514.78 *' COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT TOTAL (Also enter on line 7, Recapitulation) ~~._, J m FUNERAL~& INHERITANCE TAX RETURN ADlVllNlSlRATlVE COSTS RESIDENT DECEDENT ~-~- FILE NUMBER 21 - 07 - 00833 ESTATE OF Ertz, Vinson F. Debts of decedent must be reported on Schedule I. ITEM -r- DESCRIPTION _ NUMB~~~UNERAL EXPENSES: A. 1 I Gethsemane Cemetery and Gethsemane Chapel Mausoleum I I 2 I Parthemore Funeral Home and Cremation Services, Inc. I \ i 3 ; Clergy honorarium ---I---~------------- I AMOUNT I --j-~------- ----------- : 675.00 I I I \ I I I I 8,027.69 100.00 4 Funeral Luncheon 161.98 B. 1. ADMINISTRATIVE COSTS: Personal Representative's Commissions Social Security Number(s) / EIN Number of Personal Representative(s): Street Address City Year(s) Commission paid State Zip 2. Attorney's Fees BALL, MURREN & CONNELL (thru 3/28/08) 2,522.45 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant Street Address City Relationship of Claimant to Decedent State Zip 4. Probate Fees Register of Wills - Cumberland County Filing Fee 293.00 30.00 5. Accountant's Fees 6. Tax Return Preparer's Fees 7. I Other Administrative Costs I : The Ohio Casualty Insurance Company - Administrator's Bond I ] I I ] I I ] 781.00 1 TOTAL (Also enter on line 9, Recapitulation) 13,617.75 Schedule H I Funeral Expenses & Adminis1ra1ive Cos1s continued mlnn___- nnn_ COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ---------------..--- FILE NUMBER 121 - 07- 00833 I I \ I I i I I I I I I I I i \ I i I I 69.33 ESTATE OF Ertz, Vinson F. 5 --,- I Fed Ex Charges - 21.09 + 48.24 I I I U.S. Postal Service I Executor's Mileage - 3 trips @ 311 miles each round trip I I I : Miscellaneous Fees \ I I Reserve for additional attorney's fees I I \ I I \ I I \ i I \ I \ i 61.30 2 3 4 144.00 2.00 6 750.00 Page 2 of Schedule H LAw OFFICES BALL, MURREN & CONNELL 2303 MARKET STREET CAMP HILL. PENNSYLVANIA 17011 PHILIP J. MURREN RICHARD E. CONNEU- TERESA R. McCORMACK THOMAS A. CAPPER (717) 232-8731 FACSIMILE (717) 232-2142 WILUAM BENTLEY BALL (1916-1999) MAILING ADDRESS: P.O. BOX 1108 HARRISBURG. PENNSYLVANIA 17108-1108 HAND DELIVERED June 3, 200S (i knda Farner Strasbaugh Cumberland County Rcgister oj \Vills Cumberland County Courthouse One Courthollse Square Carlislt'. PA 17013 ~~ COI m ("") :::0 r- e;. _~ ,-.. (/) ~ ~8~ \::>~ II Rr:: Estate of Vinson F. Ertz (deceased) Date of Death: 9-03-07 Will N(>. 2007-00833 Our File No. 2822 Dear Ms. Strasbaugh: Enclosed please find, in duplicate, tile lnhcritan.:c Tax Return for Vinson F. Ert? Alsu enclosed is a check payable 10 the Register or Wi!is, Agl'llt, in the amount of Two Thousand Four Hundred Forty-One Dollars and Eighty-Nine {'~2A41.R9) Cents representing the tax due. Also enclosed arc the Estate Inventory and a ch,:ck in the amount 01'$30 r(lr lhe tIling 01 thc Inheritance Tax Return and the Inventory. Kindly date-stamp the additional L'opies oCthe hl-kntance Tax Return anJ lmcntorv. Very truly yours, --"-. ~ '-_/ .. /' / / / "", )/ /~ ./ H ichdrd E. Connell REClhmp Enclosures cc: ,\;11'. Stephen F. [rtz I c-..;, <::;) c= CD c.... c: Z I (..,) ""0 ::II: <...) C> ('-, :~~~ ."1 .~ :"-'1 S; <::'r') i"~ ~J "" ..1 ~ ,,/; -.::')