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HomeMy WebLinkAbout02-0022PETITION FOR PROBATE and GRANT OF LETTERS also known as To: · . 7 - {('~ ~ceased. Social Security No. / G_~- 0 . . 21-02-22 Register of Wills for the County of Commonwealth of Pennsylvania The petition of the undersigned respectfully represents that: Your petitioner(s), who is/are 18 years of age or older an the executP!X. in the last wilt of the above decedent, dated and codicil(s) dated in the ,19na~ (state relevant circnmstances, e.g. renunciation, death of executor, etc.) Decendent was domiciled at death in (a. tw (q ~'~ k a ri/~. .County, Pennsylvania, with h ~ last f~ily or principal residence at' / ~o ~ /~~ ~/~ ' ~ ~' '":" (list street, number and muncipality) Decende~:~eff:~.o.~ ~ years of age, died ~a~--~ N ~ .30 , ~ O O/ Except as follows, 'd~de~em did not marry, was not divorced and did not have a child born or adopted after execution ~f th~ill~fered for probate; was not the victim of a killing and was never adjudicated incompetent: Decendent at de~h'~ property With estimated values as follows: (If domiciled- in'Pa:)'c: All personal property (If not d~micil'~d]n'Pa.) Personal proPerty in Pennsylvania (If not domiciled in Pa.) Personal property in County Value of real estate in Pennsyl,va~nia situated as follows: $ ~ tg-O/~'v'~ o L~_ $ WHEREFORE, petitioner(s) respectfully request(s) the probate of the last will and codicil(s) presented herewith and the grant of letters 7-Z~.~ _7--~/t~A)7~'~.V' (testamentary; administration c.t.a.; administration d.b.n.c.t.a.) theron. OATH OF' PERSONAL REPRESENTATIVE COMMONWEALTH ~OE PENNSYLVANIA COUNTY OF -- '~3M'_yj-E~/Uxtg_ · . f · : .J. The petitioner(s) af09e-/named sYea~g) or affirm(s) that the statements in the foregoing petition are true and correct.to the best' oLthe kr~o~l_edge and belief of petitioner(s) and that as personal represen- tative(s) of the above decedent petitioner(s) will well age~ truly administer the est~e accor0~fljg to law. sworn to or affi~l~d and sUb's~ri~ed .,- before me this ~uu -'day of '. NO. 21-02-22 Estate Of MILDRED T BEAVER , Deceased DECREE OF PROBATE AND GRANT OF LETTERS AND NOW JANUARY 9_ ~k2BO2_, in consideration of 'd:~e pet/dot: on the reverse side hereof, satisfactory proof having been presented before me, IT IS DECREED.that the instrument(s) dated APRIL 13, 1 qq5 described therein be admitted to probate and filed of record as the last will of MILDRED T BEAVER ; and Letters TESTAMENTARY are hereby granted to LINDA M SMITH FEES Probate, Letters, Etc2 ......... $ 200.00 Short Certificates( ) ...' ....... $ 15~.00 :~-~a~es . 12..00 unc~atlon ................ $ JCP $ 5.00 TOTAL __ $ 232.00 Filed .... JANLIARY...9.,. · 201~2 ............. ATTORNEY (Sup. Ct. I.D.'No.) ADDRESS PHONE 21-02-22' RENUNCIATION In Re Estate of MILDRED T BEAVER . deceased. To the Register of Wills of CUMBERLAND County, Pennsylvania. The Undersigned .S~VlIJEL J SMITH, NEPHEW of the above decedent, hereby renounce(s) the right to adtninister the estate and respectfully ask(s) that Letters T E S TAMENTARY be issued to LINDA M SMITH WITNESS. hand this · day of ,19 . (Signature) (Address) (Signature) (Address) 21-02-22 LAST WILL AND TESTAMENT OF MILDRED T. BEAVER I,.MILDRED T. BEAVER, of 1802 Kent Drive, Camp Hill, Cumberland County, Pennsylvania, 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: I direct that 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 the Executors out of the property passing under ITEM III of this Will, as an expense and cost of administration of my estate. The Executors shall have no duty or obligation to obtain reimbursement for any such tax so paid, even though on proceeds of insurance or other property not passing under this Will. ITEM II: I direct the Executors to pay the expenses of my last illness and funeral expenses from the property passing under this Will as an expense and cost of administration of my estate. ITEM III: I devise and bequeath all of the 'rest remainder and residue of my estate, whatsoever nature and wherever situate, as follows: a. One-half (1/2) to my niece, LINDA M. SMITH, or in the event she predeceases me, to her issue, per stirpes; b. One-half (1/2) to my nephew, SAMUEL J. SMITH, or in the event he predeceases me, to his issue, per stirpes. If a beneficiary is not survived by issue, his or her share shall be paid in full to the surviving beneficiary as referenced above. ITEM IV: In the settlement of my estate, my Executors shall possess, among others, the following powers: a. To retain any investments I may have at my death, as long as the Executor may deem it advisable to my estate to do so; b. To sell either at private or public sale and upon such terms and conditions as the Executor may deem advantageous to the estate, any and all real or personal property or interest therein owned by the estate; connection with the administration of my estate; To pay all costs, taxes, expenses and charges in d. To compromise controversies; and e. To do all other acts in the 'Executor's judgment deemed necessary or desirable for the proper and advantageous management, investment and distribution of the estate. ITEM V: Any person who shall have died at the same time as I shall have, or in a common disaster with me, or under circumstances that the order of deaths cannot be established by proof, or within thirty (30) days of my death, shall be deemed to have predeceased me. ITEM-VI: I appoint my niece, LINDA M. SMITH and my nephew, SAMUEL J. SMITH, to be Co-Executors of my Estate. The Executors are specifically relieved from the duty or obligation of filing any bond or other security. IN WITNESS WHEREOF, I have hereunto set my hand and seal to this, my last Will and Testament, consisting of this and the preceding 2 pages, at the end of each page of which I have also set my initials for greater security and better identification this /3 day of ~ , 1995. MILDRED T. B~7~R 3 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 each other, have hereunto set our hand and seals the day and year first above written, and we certify that at the time of the execution thereof, the said Testatrix was of sound mind and memory. Residing at: 7~ ~7~ ~ Residing at:ff~~~..~ ACKNOWLEDGEMENT COMMONWEALTH OF PENNSYLVANIA : : COUNTY OF CUMBERLAND : SS I, MILDRED T. BEAVER, Testatrix, whose name is signed t0 the attached or foregoing instrument, having been duly qualified according to law, do hereby acknowledge that I signed and executed the instrument as my Last Will and Testament; that I signed it willingly, and that I signed it as my free and voluntary~-act for the purposes therein expressed. Sworn to and subs~c.2~ibed befo/q} ~e. ~is /~ day · of ~/~-/~.1995 // My Commission Exp±res (SEAL) MILDRED ' T. BEAVER (SEAL) Nota~al Seal .. BaLbara Sumple-Sullivan, Notan7 Public New ~Jumbe~and Boro, Cumberland County My Commission Expires Oct. 9, 1995 Member~ Permsyk, ania Associ~on of Notaries AFFIDAVIT' COMMONWEALTH OF PENNSYLVANIA : : SS COUNTY OF CUMBERLAND : the Witnesses whose names are signed to the attached or foregoing instrument, being duly qualified according to law, do depose and say that we were present and saw Testatrix, MILDRED T. BEAVER, sign and execute the instrument as her Last Will and Testament; that Testatrix signed willingly and she executed said Will as her free and voluntary act for the purposes therein expressed; that each of us in the hearing and sight of the Testatrix signed the Will as Witnesses; and that to the best of our knowledge the Testatrix was at that time eighteen. (18) or more years of age, of sound mind and under no constraint or undue influence. Sworn befor/e NOTARY to and subscribed ~e~ .t~s /-~day ~-/~g~~, 1995 PUBLIC My Commission Expires: (SEAL) Notadal Seal Barbara Sumpt, e-SulNvan, Notary Public New Cumberland Bom, Cumberland County CERTIFICATION OF NOTICE UNDER RULE 5.6(a) Name of Decedent: Mildred T. Beaver Date of Death: December 30, 2001 Will No.' 2002-00022 Administration No.: 21-02-0022 To the Register: I certify that notice of beneficial interest required by Rule 5.6(a) of the Orphans' Court Rules was served on or mailed to the following beneficiaries of the above-captioned estate on the 16th day of January, 2002: Name Address Linda M. Smith 705 Allen Street, New Cumberland, PA 17070 Samuel J. Smith, Jr. 618 CeeJay Drive, Etters, PA 17319 Notice has now been given to all persons entitled thereto under Rule 5.6(a). Date: )~.,aL~¥bl, '~.c~3~_ (~'~~'~C~ ' ~- -~ h ~ ROBERT P. KLINE, ESQUIRE Attomey ID# 58798 714 Bridge Street Post Office Box 461 New Cumberland, PA 17070-0461 (717) 770-2540 Counsel for Personal Representative January 18, 2002 ROBERT P. KLINE, ESQ. KIRSTIN M. SWEIGARD, ESQ. Cumberland County Register of Wills Office Attn: Ann Cumberland County Courthouse One Courthouse Square Carlisle, PA 17013 Re: Estate of Mildred T. Beaver No. 2002-00022 Dear Ann: This letter serves as a follow-up to our recent telephone conversation at which time I advised you that I have been retained by Linda M. Smith, Executrix of the Estate of Mildred T. Beaver, to provide her with representation in regard to the administration of this estate. Kindly enter my appearance upon your records. I thank you for your attention to this matter. VeW truly yom's, Robert P. Kline, Esquire RPK/srf cc: Linda M. Smith 714 Bridge Street P.O. Box 461 New Cumberland, PA 17070 (717) 770-2540 (717) 243-5940 Fax (717) 770-2553 ! ! March 25, 2002 ROBERT P. KLINE, ESQ. KIRSTIN M. SWEIGARD, ESQ. Mary C. Lewis, Register of Wills Cumberland County Courthouse One Courthouse Square Carlisle, PA 17013 Re: Estate of Mildred T. Beaver File No. 21-02-00022 Dear Ms. Lewis: I am enclosing with this letter a check payable to "Register of Wills, Agent" in the amount of $16,000.00, representing an estimated prepayment of inheritance tax due in regard to the above-referenced estate. Please forward a receipt to my office at your earliest opportunity. Very truly yours, Robert P. Kline, Esquire RPK/srf Enclosure cc: Linda M. Smith, Executrix 714 Bridge Street P.O. Box 461 New Cumberland, PA 17070 (717) 770-2540 (717) 243-5940 Fax (717) 770-2553 0 COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE , BUREAU OF INDIVIDUAL TAXES DEPT. 2806~)1 HARRISBURG, PA 17128-0601 RECEIVED FROM: PENNSYLVANIA INHERITANCE AND ESTATE TAX OFFICIAL RECEIPT NO. REV-1162 EX(11-96) CD O01008 DUPLICATE ROBEERT PETER KLINE ESQUIRE PO BOX 461 NEW CUMBERLAND, PA 17070 ACN ASSESSMENT CONTROL NUMBER AMOUNT fold 101 $16,000.00 ESTATE INFORMATION: SSN: 195-07-8889 FILE NUMBER: 2102-0022 DECEDENT NAME: BEAVER MILDRED T DATE OF PAYMENT: 03/27/2002 POSTMARK DATE: 03/26/2002 COUNTY: CUMBERLAND DATE OF DEATH: 12/30/2001 TOTAL AMOUNT PAID' 6,00.0.00 REMARKS: ROBERT PETER KLINE ESQUIRE SEAL CHECK# 2023 INITIALS: CW RECEIVED BY: MARY C. LEWIS REGISTER OF WILLS REGISTER OF WILLS COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES DEPT. 280601 HARRISBURG, PA '~7128-0601 RECEIVED FROM: PENNSYLVANIA INHERITANCE AND ESTATE 'TAX OFFICIAL RECEIPT NO. REV-1162 EX(11-96) CD 001 238 KLINE ROBERT P 331 BRIDGE STREET SUITE 350 NEW CUMBERLAND, PA 17070 fold ESTATE INFORMATION: SSN: 195-07-8889 FiLE NUMBER: 2102-0022 DECEDENT NAME: BEAVER MILDRED T DATE OF PAYMENT: 05/31/2002 POSTMARK DATE: 00/00/0000 COUNTY: CUMBERLAND DATE OF DEATH: 12/30/2001 ACN ASSESSMENT CONTROL NUMBER AMOUNT 101 $1,764.43 TOTAL AMOUNT PAID' $1,764.43 REMARKS' ROBERT PETERKLINE ESQUIRE SEAL CHECK#2058 INITIALS: SK -RECEIVED BY: MARY C. LEWIS REGISTER OF WILLS REGISTER OF WILLS ESTATE OF MILDRED T. BEAVER, Deceased REGISTER OF WILLS OF CUMBERLAND COUNTY, PENNSYLVANIA : : NO. 2002-00022 : : PANo. 21-02-00022 FAMILY SETTLEMENT AND FINAL RELEASE ESTATE OF MILDRED T. BEAVER KNOWALL MEN BY THESE PRESENTS, that Mildred T. Beaver, late of Lower Allen Township, Cumberland County, Pennsylvania, deceased, died testate on December 30, 2001, having first made her Last Will and Testament, which was duly executed on April 13, 1995 and probated in the Office of the Register of Wills of Cumberland County, on January 9, 2002. WHEREAS, the said Mildred T. Beaver, by the aforesaid Last Will and Testament, named Linda M. Smith and Samuel J. Smith as Co-Executors of said Last Will and Testament; WHEREAS, the said Samuel J. Smith did renounce his appointment as Executor of said Last Will and Testament; WHEREAS, Letters Testamentary on the Estate of the said decedent were duly issued by the Register of Wills of Cumberland County, Pennsylvania, to Linda M. Smith, as Executor, hereinafter called personal representative; WHEREAS, the personal representative has gathered the assets of the Estate of the said decedent and the assets consist of personal and real property as set forth in Exhibit ,,A,,, which is a copy of the Pennsylvania Inheritance Tax Remm filed and approved by said personal representative, and which is attached hereto and made a part hereof, and marked Exhibit "A"; WHEREAS, the debts and deductions, including the payment of inheritance tax in the said Estate, which have now been paid, leave a balance as set forth in the statement of said personal representative which is attached hereto and marked Exhibit "B"; WHEREAS, the balance for distribution as shown in the said statement marked Exhibit "B" has been reduced to cash and has been distributed as herein indicated, excepting the reserve provided for herein, in accordance with the terms of the Last Will and Testament of the said Decedent; NOW, THEREFORE, Linda M. Smith and Samuel J. Smith, the beneficiaries named in' said Last Will and Testament, hereby authorize the personal representative to reserve from the above-mentioned funds assets having an aggregate value of $2,500.00. Following the receipt of the inheritance tax closing letter and any estate tax deficiency that may be assessed, and any other proper expenses or liabilities of the estate of which the personal representative shall receive notice by that time, which may otherwise be payable, the personal representative shall distribute to the beneficiaries, without further accounting, the balance then remaining. Such distribution will also include any funds received by the personal representative subsequent to the date to which the attached account is stated. If any proper liabilities of the estate, whether for taxes or otherwise, arise or come to the attention of the personal representative or any of the parties thereafter, the beneficiaries agree to be liable therefore. THEREFORE, Linda M. Smith and Samuel J. Smith, being all of the heirs under the Last Will and Testament of the said decedent, and being those persons entitled to inherit under said Last Will and Testament, do hereby each of us acknowledge that we have this day had and received from the aforesaid personal representative, in full satisfaction and payment of all sums of money, legacies, bequests, and devises as are given, devised and bequeathed to each of us respectively by the said Last Will and Testament, the mounts due us under said Last Will and Testament, which amounts we have received this day or prior to this day; and, each of us do hereby stipulate that in order to avoid the expense and time involved in the filing of a formal account and schedule of distribution, we each agree that no account is necessary and we do hereby agree that we do consent to distribution being made without the filing of an account and schedule of distribution, the same to be with the same force and effect as if they had been filed and confirmed by the Orphans' Court Division of the Court of Common Pleas of Cumberland County, Pennsylvania. THEREFORE, we and each of us, do hereby remise, release, quitclaim and forever discharge the said personal representative, Linda M. Smith, her heirs, executors, administrators and assigns, of and from the said estate and from all actions, suits, payments, accounts, reckonings, claims, and demands whatsoever for or by reason thereof, or for any other use, matter, cause or thing whatsoever, touching upon the Estate of the said decedent, and each of us do further hereby covenant and agree that should any liability come due to the estate of the said decedent after the signing of this Agreement, we and each of us do hereby covenant and agree with each other and the aforesaid personal representative, that we will contribute pro-rata our share of the Estate to satisfy any and all claims, demands, suits, or causes of action which may be successfully prosecuted against the said Estate or the aforesaid personal representative after the signing, sealing and delivery of this Family Settlement Agreement and Final Release. IN WITNESS WHEREOF, we have hereunto set our hands and seals the day and year noted below. brite bate Date Wimess LI3~DA M. SMITH, Executrix of the- Estate of Mildred T. Beaver, Deceased Wimess ~ L-~XlCA M. SMITI4, B[nefic~firy' - Wi~ess S~L J. S~TH, Benefici~ COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE DEFT. 280601 HARRISBURG, PA 17128-0601 REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT i?-3A-(o ] FILE NUMBER 21 02 00022 COUNTY CODE YEAR NUMBER DECEDENT'S NAME (LAST, FIRST, AND MIDDLE INITIAL) SOCIAL SECURITY NUMBER Beaver, Mildred T. 195-07-8889 DATE OF DEATH (MM-DD-YEAR) DATE OF BIRTH (MM-DO-YEAR) THIS RETURN MUST BE FILED IN DUPLICATE WITH THE 12/30/2001 03/29/] 9 ] 7 REGISTER OF WILLS IF APPLICABLE) SURVIVING SPOUSE'S NAME ( LAST, FIRST AND MIDDLE INITIAL) SOCIAL SECURITY NUMBER 0 [] 1. Original Return [] 4. Limited Estate [] 6. Decedent Died Testate (Attach copy [] 9. Litigation Proceeds Received 12-3%91 and 1-1-95) ~a. ME Robert P. Kline -'IRM NAME (If applicable) KIine Law Office FELEPHONE NUMBER 7 ] 7/770-2540 ] 2. Return [] Rerealnder Retum (date of death pdor to 12-13-82) Supplemental 3. [] 4a. Future Interest Coreprorelse (date of death after [] 5. Federal Estate Tax Return Required 12-12-82) [] 7. Decedent Maintained a Living Trust (Attach I 8. Total Number of Safe Deposit Boxes copy of Trust) -- [] 10. Spousal Poverty Credit (date of death between [] 11.Election to tax under Sec. 9113(A) (Attach Sch O) COMPLETE MAILING ADDRESS 714 Bridge Street P.O. Box 461 New Cumberland, PA 17070 1. Real Estate (Schedule A) (1) 2. Stocks and Bonds (Schedule B) (2) 3. Closely Held Corporation, Partnership or Sole-Proprietorship (3) 4. Mortgages & Notes Receivable (Schedule D) (4) 5. Cash, Bank Deposits & Miscellaneous Personal Property (5) (Schedule E) 6. Jointly Owned Property (Schedule F) (6) [] Separate Billing Requested 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (7) (Schedule G or L) 8. Total Gross Assets (total Lines 1-7) 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) -0- None None =~:' None - None r: None ~1 8,443.38 1,256.29 12. Net Value of Estate (Line 8 minus Line 11) 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made (Schedule J) 14. Net Value Subject to Tax (Line 12 minus Line 13) SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES (8) 133,743.25 (11) 9,699.67 (12) 124,043.58 (13) (14) 124,043.58 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116(a)(1.2) 16. Amount of Line 14 taxable at lineal rate 17. Amount of Line 14 taxable at sibling rate 18. Amount of Line 14 taxable at collateral rate 19. Tax Due 20. 124,043.58 x .00 (15) x .045 (16) x .12 (17) x .15 (18) (19) 18,606.54 18,606.54 Copyright 2000 form software only The Lackner Group, Inc. Form REV-1500 EX (Rev. 6-00) Decedent's Complete Address: ISTREET ADDRESS CITY ' 1802 Kent Drive Camp Hill Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Pdor Payments C. Discount 16,000.00 842.11 STATE PA Zna 17011 Total Credits (A + B + C) (2) (1) 18,606.54 16,842.11 3. Interest/Penalty if applicable D. Interest E. Penalty Total InterestJPenalty (D + E) (3) 0.0 0 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. (4) Check box on Page I Line 20 to request a refund 5. If Line1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) 1,764.43 A. Enter the interest on the tax due. (5A) B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (5B) ] ~'7 6 4.4 3 Make Check Payable to: REGISTER OF WILLS, AGENT PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No 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. · rece ve 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. Under penalties of perjury, I dec, am that I have examined this return, Inc~udMg accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct and complete. Declaration of preparer other than the pemonal representative is based on all infom~aflon of which preparer has any knowledge. SIGNATURE OF PERSON RESPONSIBLE FOR FILinG RETURN ~'~ ADDRESS ~,~IG~O'RE~OF ~ERSON RESISONS~LE"I~:~r~LIN(~ RETURN v ADDRESS S ~A'TU~E~O~ PREPARER OTHER THAN REPRESENTATIVE ADDRESS 705 Allen Street New Cumberland, PA 17070 DATE DATE 714 Bridge Street  P.O. Box 461 New Cumberland, PA 17070-0461 !'~ YM.~.x{ 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 3% [72 P.S. §9116 (a) (1.1) (i)]. 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 0% [72 P.S. §9116 (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 0% [72 P.S. §9116 (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 4.5%, except as noted in 72 P.S. §9116 1.2) [72 P.S. §9116 (a)(1)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 12% [72 P.S. §9116 (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. COIV~IONWEAJ. TH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE A REAL ESTATE ESTATE OF FILE NUMBER Beaver, Mildred T. 21 - 02 - 00022 All rea! property owned solely or as a t.enant in comm. on must.be r.e.j)orted at fair ma.rket value. Fair mar. ket value is defined as the price at whicn proper~ would be excnanged between a willing ouyer anc~ a wi~ng seller, neither oeing compelled to ouy or sell both having reasonable knowledge of the relevant facts. Real property which is jointly-owned with right of survivorship must be disclosed, on schedule F. ITEM DESCRIPTION VALUE AT DATE OF NUMBER DEATH ! For Informational Purposes Only: Life Estate in 1802 Kent Drive, Lower Allen Twp., Cumberland County - Actual Consideration ($62000 on 3/21/1988) greater than Assessed value adjusted by Common Level Ratio and Remainder Factor ($107090 x 1.00 x .41086 -- $43998.99) TOTAL (Also enter on Line 1, Recapitulation) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE E CASH, BANK DEPOSITS,& MISC. PERSONALPROPERTY ESTATE OF FILE NUMBER Beaver, Mildred T. 21 - 02 - 00022 Include the proceeds of litigation and the date the proceeds were received by the estate. All property jointly-owned with the right of ' survivomh~p must be disclosed on schedule F. ITEM DESCRIPTION VALUE AT DATE OF NUMBER DEATH 1 2 3 4 5 6 7 8 9 10 11 12 13 Waypoint Bank Account #7100013740 Waypoint Bank Account #555295878 M&T Bank Account #31003910880416 M&T Bank Account # 31003908145690 Merrill Lynch Accout #872-44304 Morgan Stanley Trust Account #410-032373-072 Penn Treaty Insurance premium refund Prudential Demumlization Misc. Personal Property (appraisal by C. Bricker, auctioneer attached) Capital Blue Cross PA Blue Shield refund Richland Partners LLC U.S.F.& G. homeowners insurance refund M & T Bank Checking Account # 866857 TOTAL (Also enter On Line 5, Recapitulation) 10,019.70 25,000.00 25,009.46 9,996.66 31,954.29 18,089.29 769.30 654.12 940.00 337.35 154.39 34.00 10,784.69 133,743.25 COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ,.~.,H~ H FUNERAL EXPEN~E~ & ADI~NIS'I'RATIVE OOS'~ ESTATE OF FILE NUMBER Beaver, Mildred T. 21 - 02 - 00022 Debts of decedent must be reported on Schedule I. ITEM DESCRIPTION AMOUNT NUMBER FUNERAL EXPENSES: Parthemore Funeral Home, New Cumberland, PA ADMINISTRATIVE COSTS: Personal Representative's Commissions Social Security Number(s) / EIN Number of Personal Representative(s): Street Address City State Zip Year(s) Commission paid Attorney's Fees Kline Law Office -- Robert P. Kline Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant Street Address City State ~ Zip Relationship of Claimant to Decedent Probate Fees Register Of Wills Cumberland Law Journal The Sentinel Accountant's Fees Tax Return Preparer's Fees Other Administrative Costs Chuck Bricker, Auctioneer (appraisal) Chuck Bricker, Auctioneer (auction fees) TOTAL (Also enter on line 9, Recapitulation) 5,781.00 1,440.00 329.00 75.00 77.63 60.00 680.75 8,443.38 COMMONWF. ALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDEkrT SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS ESTATE OF FILE NUMBER Beaver, Mildred T. 21 - 02 - 00022 Include unreimbumed medical expenses. ITEM NUMBER DESCRIPTION AMOUNT Q Card Account #0000-0103-9501-1843 Bankcard Services Account #4264-2973-1700-2785 United States Treasury (2001 Income Tax) PA Dept of Revenue (2001 Income Tax) Pennsylvania American Water Co. Verizon PPL 117.45 552.07 341.00 128.00 36.91 30.70 50.16 TOTAL (Also enter on Line 10, Recapitulation) 1,256.29 SCHEDULE J BENEFICIARIES RELATIONSHIP TO AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY DECEDENT OF ESTATE DO Not List Trustee[s) I. TAXABLE DISTRIBUTIONS (include outdght spousal distributions) 1 Linde M. Smith Niece 50% 705 Allen St., New Cumberland, PA 17070 2 Samuel J. Smith, Jr. Nephew 50% 618 CeeJay Dr., Etters, PA 17319 Enter dollar amounts for distributions shown above on lines 15 through 17, as appropriate, on Rev 1500 cover sheet II. NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART II - ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER ~'Deaver, Mildred T. 21 - 02 - 00022 Register of Wills of CUMBERLAND County, Pennsylvania Certificate of Grant of Letters No. 2002-00022 PA No. 21-02-0022 ESTATE OF BEAVER MILDRED T Late of LOWER ALLEN TOWNSHIP , Deceased Social Security No. 195-07-8889 WHEREAS, on the 9th day of January ~ated April. 13th 1995 was admitted to probate as the last will of BEAVER MILDRED T (~'i', ~'i~'i', ~l~) 2002 an instrument late of LOWER ALLEN .TOWNSHIP , CUMBERLAND'County, who died on the 30th day of December 2001 and, .WHEREAS, 'a true copy~of the will as probated is annexed.hereto. THEREFORE, I, MARY C. LEWIS , Register of Wills in'and for the County of CUMBERLAND in the Commonwealth of Pennsylvania, hereby certify that I have this day granted Letters TESTAMENTARY ao SMITH LINDA M ~ho has duly qualified as Executor(riX) and has agreed to administer the'estate according to law, all of which fully appears of record in my Office at CUMBERLAND COUNTY COURT HOUSE, CARLISLE, PENNSYLVANIA. IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed the seal of my Office the 9th day of January 2002. . ~egi~s~!~r'~ os ~Jl±±s-'~z~'~Z **NOTE** ALL NAMES ABOVE APPEAR (LAST, FIRST, MIDDLE) 21-02-22 LAST WILL AND TESTAMENT O_EF MILDRED T. BEAVER I, MILDRED T. BEAVER, of 1802 Kent Drive, Camp Hill, Cumberland County, Pennsylvania, 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: I direct that 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 the Executors out of the property passing under ITEM III of this Will, as an'expense and cost of administration of my estate. The Executors shall have no duty or obligation to obtain reimbursement for any such tax so paid, even though on proceeds of insurance or other property not passing under this Will. ITEM II: I direct the Executors to pay the expenses of my last illness and funeral expenses from the.property~ passing under this Will as an expense and cost of administration of my estate. ITEM III: I devise and bequeath all of the rest remainder and residue of my.estate, whatsoever nature and wherever situate, as follows: a. One-half (1/2) to my niece, LINDA M. SMITH~ or in the event she predeceases me, to her issue, per stirpes; b. One-half (1/2) to my nephew, SAMUEL J. SMITH, or in the. event he predeceases me, to his issue, per stirpes. If a beneficiary is not survived by issue, his or her share shall be paid in full to the surviving beneficiary as referenced above. In the settlement of my estate, my ITEM IV: Executors shall possess, among others, the following powers: a. To retain any investments I may have at mY'death, as long as the Executor may deem it advisable~ to my estate to do so; b. To sell either at private or public sale and upon such terms and conditions as the Executor may deem advantageous to the estate, any and all real or personal property or interest therein owned by the estate; c. To pay all costS, taxes, expenses and charges in connection with the administration of my est'ate; 2 d. To compromise controversies; and e. To do all other acts in the Executor's judgment deemed necessary or desirable for the'Proper and' advantageous management, investment and distribution of the estate. ITEM V: Any person who shall have died at the same time as I shall have, or in a common disaster with me, or under circumstances that the order of deaths cannot be established by proof, or within thirty (30) days Of my death, shall be deemed to have predeceased me. ITEM VI: I appoint my niece, LINDA M. SMITH and my nephew, SAMUEL J. SMITH, to be Co-Executors of my Estate. The Executors are specifically relieved from the duty or obligation· of filing any bond or other security. I.N WITNESS WHEREOF, I have hereunto set my hand and seal to this, my last Will and Testament, consisting of this and the preceding 2 pages, at the end of each page of which I'have also set my initials for greater security and better identification this /3 day of ~ , 1995. ~2~.~,~z~ _,,Q.. /,~..~p_~3 (SEAL) MILDRED T. BEA-V'ER 3 .. tif that the ~foregoing will· .. ~^ ,,ndersigned, hereby c~er=^~=red by the above-named we, u~,~ ~ ._= ~.,h]ished anG u~ _ ~ ~ ~he oresence ' ned seaieu, ~ · d Testament, ~ ~ ~ was s~g ' --~ ~ her Last w~ll an .... ~ =eals %he day and Testatrix.~S a"~_t~~ hereunto set ou~.~an~j[u~ the time of the of each o~ner, ~=. n. and we cer~l[Y ~]..~ m~nd and memory. Residing ah: /~ - ~ Residing at.~;~ .. ACKNOWLEDGEMENT COMMONWEALTH OF PENNSYLVANIA : : SS COUNTY OF CUMBERLAND : I, MILDRED T. BEAVER, Testatrix, whose name is signed to the attached or foregoing instrument having been duly qualified according to. law, do hereby acknowledge that I signed and executed the instrument as my Last will and Testament; that I signed it willingly, and that i signed it.as my free and voluntary act for the purposes therein ·expressed- MILDRED T~ BEAVER _(SEAL) sworn to'and subs~_~ibed befo · e of _ ' . My Commission Expxres (SEAL) 4 AFFIDAVIT COMMONWEALTH OF PENNSYLVANIA : : SS cOUNTY OF CUMBERLAND : the witnesses whose nam=s are-~n~d'''t0 t~e attached or foregoing instrument, being duly qualified according to law, do depose and say that we were present and saw Testatrix, MILDRED T. BEAVER, sign t will and Testament; that s er Las . . er free __ the instrument a ~ ~Yecuted sazd will as:h ~ _~ and execute .... ~ ~lin~lY and ~,= ~ · .... reseed; that ea~p o~ Testatrix. szgn~;~r t~ purPoses there~n_=~5 si~ned the Will as and voluntary a~u =~ iht of the Te~ta~~ ~e Testatrix was us in the he~r~Qg ~a~ ~g best of our Know~=~ -- mind and witnesses; and tnau uu ~..e years of age of sound at that time eighteen (~8) or more · ' under no constraint or undue influence. sworn to and subscribed e t' 's /~'daY befor~e%~ ~i of-~ ~ , 1995. My Commission Expires: (SEAL) Not~'iaJ Seal ' Barbara Sumpte-Suil~¢aa, N0m~/Public APPRAISAL Personal Property of tl.'///_.d/O._Ej -I'7, ~-4. llO'/. ~-~' Io~ IL_~/JF ~-,~t-4?l.fl~C ~, lO,'4 Appraised by Chuck E. Bricker AU094-L Date.Q_ -- I .... ..w- I ITEM VALUE ITEM VALUE c lL4-/R, 36, ~ 6 . · REGISTER OF WILLS OF CUMBERLAND COUNTY, PENNSYLVANIA INVENTORY Estate of Mildred T. Beaver, Deceased No. 21-02-00022 Date of Death: December 30, 2001 Social Security No. 195-07-8889 Linda M. Smith, Personal Representative of the above Estate of Mildred T. Beaver, deceased, verify that the items appearing in the following Inventory include all of the personal assets wherever situate and all of the real estate in the Commonwealth of Pennsylvania of said Decedent, that the valuation placed opposite each item of said Inventory represents its fair value as of the date of the Decedent's death, and that Decedent owned no real estate outside of the Commonwealth of Pennsylvania except that which appears in a memorandum at the end of this Inventory. I/We verify that the statements made in this Inventory are true and correct. I/We understand that false statements herein are made subject to the penalties of 18 Pa. C.S. Section 4904 relating to unswom falsification to authorities. Robert P. Kline, Esquire I.D. No.: 58798 Address: 714 Bridge Street Post Office Box 461 New Cumberland, PA 17070 Telephone: (717) 770-2540 Smith, EJ{ec{~trix Dated: Description 1. Waypoint Bank Account #7100013740 2. Waypoint Bank Account #555295878 3. M&T Bank Account #31003910880416 4. M&T Bank Account #31003908145690 5. Merrill Lynch Account #872-44304 6 Morgan Stanley Trust Account #410-032373-072 Value 10,019.70 25,000.00 25,009.46 9,996.66 31,9.54.29 18,089.29 10. 11. 12. 13. Penn Treaty Insurance premium refund Prudential Demutualization Misc? Personal Property (appraisal by C. Bricker, Auctioneer attached) Capital Blue Cross PA Blue Shield refund Richland Partners, LLC M&T Bank Checking Account//866857 For Information Purposes Only: Life Estate in 1802 Kent Drive, Lower Allen Township, Cumberland County - Actual consideration ($62,000 on 3/21/1988) greater than assessed value adjusted by common level ratio and remainder factor ($107,0990 x 1.00 x .41086 = $43,998.99) 769.30 654.12 940.00 337.35 154.39 10,784.69 0.00 Tot~: 133,709.25 NOTE: The Memorandum of real estate outside the Commonwealth of Pennsylvania may, at the election of the personal representative, include the value of each item, but such figures should not be extended into the total of the Inventory. Description Total: Value APPRAISAL Personal Propertyof ,/~ / /-.~ /o..d-d ~ ~ E,4 FE-~ ~'<-~ ~,g-t'E ,/ <P&2 ,/.Z~,,d F P ~ , C.-~ /4? /.f / L..C ,~..,~, /-~ ~ / Appraised by Chuck E. Bricker AU094-L Date~ -- I ITEM VALUE ITEM VALUE lb, ~6 STATUS REPORT UNDER RULE 6.12 Name of Decedent: '~%~D~o~T) ~- ~O~V~Q- Date of Death: ~---~O --~OO~ Will No. ~-O ~- O(-%O~_.~-- admin. No. ~l -O~-- O~Z~ Pursuant to Rule 6.12 of the Supreme Court Orphans' Court Rules, I report the following with respect to completion of the administration of the above-captioned estate: 1. State whether administration of the estate· is complete: Yes ,~ No__ 2. If the answer is No, state when the personal representative reasonably believes that the administration will be complete: 3~. If the answer to No. 1 is Yes, state the following: a. Did the personal representative file a final account with the Court? Yes__ No ~ b. The separate Orphans' Court No. (if any) for the personal representative's account is: c. Did the personal representative state an account informally to the parties in interest? Yes '~ No d. Copies of receipts, releases, joinders and approvals of formal or informal accounts may be filed with the Cerk of the Orphans' Court and may be attached to this report. Date: ~ ~-~0T ZO~._ ' ~ ~~~ '4 signature Name (Please type or print Address Tel. No. Capacity: __Personal Representative Counsel for personal representative BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX DIVISION DEPT. Z80601 HARRTSBURG, PA 17128-0601 ROBERT P KLINE KLINE LAN OFFICE PO BOX ~61 NEW CUMBERLAND COHHONNEALTH OF PENNSYLVANIA DEPARTHENT OF REVENUE NOTICE OF INHERITANCE TAX APPRAZSEHENT, ALLONANCE bR DZSALLONANCE OF DEDUCTIONS AND ASSESSHENT OF TAX R-:'~,c©;:'~,ii~:?. ;'.:' ~:~' ;*.:~ DATE 09-02-2002 ~::./~i~:i' ::':: .~,.. ::,~ ESTATE OF BEAVER DATE OF DEATH 12-$0-2001 FILE'NUHBER Z10Z-OOZZ '02 SEP -6 COUNTY CUMBERLAND ACN 101 Amoun~ Remi~ed HILDRED T HAKE CHECK PAYABLE AND REHZT PAYHENT TO: REGISTER OF HILLS CUHBERLAND CO COURT HOUSE CARLISLE, PA 17013 CUT ALONG THIS LINE Im~ RETAIN LONER PORTZON FOR YOUR RECORDS ~ REV-1547 EX AFP (01-0~) NOTICE OF INHERITANCE TAX APPRAISEHENT~ ALLONANCE OR DISALLONANCE OF DEDUCTIONS AND ASSESSHENT OF TAX ESTATE OF BEAVER HILDRED T FILE NO~ Z1.0Z-OOZZ ACN 101 DATE 09-02-2002 TAX RETURN NAS: (X) ACCEPTED AS F/LED ( )' CHANGED RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. Reel Es~e~e (Schedule A) (1) . O0 2. S~ocks and Bonds (Schedule B) (2) . O0 3. Closely Held S~:ock/Par~:nership Tn~eres~ (Schedule C) (3) ' ,' . O0 ~. Hor~:gages/No~es Receivable (Schedule D) (q) . O0 5. Cash/Bank Deposi~:s/Misc. Personal Proper~:y (Schedule E) ($) 1~ 7~$. 25 6. Jointly Owned Proper~y (Schedule F) (6) . O0 7. Transfers (Schedule G) (7) .00 8. To':al Asse~cs (8) APPROVED DEDUCTIONS AND EXEHPTIONS: 8,q~$.$8 9. Funeral Expenses/Adm. Cos~s/Hisc. Expanses (Schedule H) (9) 10. Debts/Hortgage Liabilities/Liens (Schedule 1) (10) 1;Z56.29 11. To,al Deductions (11) 12. Ne'lc Value of Tax Re~urn (12) Char~able/Governmen~al Bequests; Non-elected 911:3 Trusts (Schedule J) (1:3) Ne~ Value of Es~a~e Subjec~c ~o Tax (1~) If an assessment ~as issued prev/ously, llnes. 1~, 15 and/or 16, 17, 13. lq. NOTE: reflect f/gures that /nclude the total o~ ALL returns assessed to date. NOTE: To insure proper credi~ ~o your account, submi~'~he upper por~ion of ~his for, wi~h your ~ex payment. 133,7~3.Z5.. ASSESSMENT OF TAX: 15. Amoun~ of Line 1~ a~ Spousal ra~e 16. Amoun~ of Line lq ~axable a~ Lineal/Class A ra~e 17. Amoun~ of Line lq at Sibling ra~e 18. Amoun~ of Line lq ~axable a~ Collateral/Class B ra~e 19. Principal Tax Due TAX CREDITS: PAYMENT RECEZP1 DISCOUNT (+) DATE NUHBER 1NTEREST/PEN PA~D (-) 03-26-2002 CDO01008 8~Z.11 05-51-Z00Z CDOOIZ$8 .00 9.899.~7 12~,0~$.58- .00 1Z~,0~$.58 18 and 19 Hill TOTAL TAX CREDIT BALANCE OF TAX DUE .00 INTEREST AND PEN. .00 ~ TOTAL DUE . O0 XF PAID AFTER DATE TNDTCATED, SEE REVERSE ( XF TOTAL DUE TS LESS THAN $1, NO PAYHENT TS REQUIRED. FOR CALCULATION OF ADDITIONAL INTEREST. XF TOTAL DUE TS REFLECTED AS A "CRED/T" (CR), YOU HAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORH FOR /NSTRUCT/ONS.) 16,000.00 1,76~.~$ AHOUNT PAID (is) .00 x O0 = .00 ' (16) .00 x 0~5= .00 (17) .00 x 1? = .00 (18) 1Z~,0~$.58 x 15 = 18,606.5~ (19)= 18,606.5~ RESERVATION: PURPOSE OF NOT[CE: PAYMENT: REFUND OBJECTIONS: ADMIN- ISTRATIVE coRRECTIONS: DISCOUNT: PENALTY: INTEREST: Estates of decedents dying on or before December 12, 198Z -' if any future interest in the estate is transferred in possession or enjoyment to Class B (collateral) beneficiaries of the decedent after the expiration of any estate for life or for years, the Commonwealth hereby expressly reservesthe right to appraise and assess transfer Inheritance Taxes at the lawful Class B (collateral) rate on any such future interest. To fulfill the requirements of Section glqO of the 'Inheritance and Estate Tax Act, Act 25 of ZOO0. (72 P.S. Section 91qO). Detach the top portion of this Notice and submit with your payment to the Register of Hills printed on the reverse side. --Make check or money order payable to: REGISTER OF NILLS, AGENT A refund of'a tax credit, which was not requested on the Tax Return, may be requested by completing an "Application* for Refund of Pennsylvania Inheritance and Estate Tax" (REV-ISIS)'. Applications are available at the Office .: of the Register of NJlls, any' Of the Z5 Revenue District Offices, or by calling the speciaZ Z4-hour . ansaering service for forms ordering: 1-800-56Z-Z050; services for taxpayers with special hearing and / or speaking needs: 1-BOO-447-50ZO iTT only}. Any party in interest not satisfied with the appraisement, alloaance, or disallowanceef'deductions, or assessment of tax (including discount or interest) as shown an this Notice must object within sixty (60) days of receipt of' this Notice by: --written protest to the PA Department of Revenue, Board of Appeals, Dept. gBlOZl, Harrisburg, PA 17128-1021, OR --election to have the matter determined at audit of the account of the personal representative, OR --appeal to the Orphans' Court. Factual errors discovered on this assessment should be addressed in writing to: PA Department of Revenue, Bureau of Individual Taxes, ATTN: Post Assessment Review Unit, Dept. ZDO6D1, Harrisburg, PA 171Z8-0601 Phone (717) 787-6505. See page 5 of the booklet "Instructions for Inheritance Tax Return for a Resident Decedent" (REV-IS01) for an explanation of administratively correctable errors. . ' If any tax due is paid within three'(5) calendar months after the decedent's death, a five percent (SI) discount of the tax paid is allowed. The 15Z tax amnesty non-participation penalty is computed on the total of the tax and interest assessed, and not paid before January 18, 1996, the first day after the end of the tax amnesty period. This non-participation .penalty is appealable in the same manner and in the the same time period as you would appeal the tax and interest that has been assessed as indicated on this notice. Interest is'charged beginning with first day of delinquency, or nine (9) months and one (1) day from the date of death, to the date of payment. Taxes. which became delinquent before January 1, 1982 bear interest at the rate of six (6Z) percent per pnnum calculated at a daily rate of .000164. All taxes which became delinquent on and after January 1, 1982 will bear inter~st at a rate which will vary from calendar year to calendar year with that rate announced.by the PA Department of Revenue. The applicable interest rates for 198Z through ZOOZ are: Year Interest Rate Daily Interest Factor Year Interest Rate 1982 2OZ .000548 1992 92 1985 16Z .0004~8 1995-199q 72 1984 llZ .000501 '1995-1998 9Z 1985 152 .000556 1999 7Z 1986 lOX .000274 ZOO0 82 1987 92 .OOOZ47 ZOO1 92 1988-1991 11Z .O00~O1 2002 62 --Interest is calculated as follows: INTEREST = BALANCE OF TAX UNPAID Daily Interest Factor .000247 .O0019Z .000247 .00019Z .O00Z19 .000Z47 .000164 X NUNBER OF DAYS DELZNI~UENT X DAILY Z~TEREST FACTOR --Any Notice issued after the tax becomes delinquent will reflect an interest calculation to fifteen (15) days beyond the date of*the assessment. If payment is made after the interest computation date shown onthe Notice, additional intereSt must.be calculated.