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HomeMy WebLinkAbout09-04-08 (2) EV-1 ~~JO EX + (6.00)' COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE DEPT. 280601 HARRISBURG, PA 17128-0601 DECEDENT'S NAME (LAST, FIRST, AND MIDDLE INITIAL) z Ginanni Lester W. REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT W DATE OF DEATH (MM-DD-Year) DATE OF BIRTH (MM-DD-Year) 0 V 06/02/2007 07/04/1924 W (IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST, AND MIDDLE INITIAL) Ginanni. Lillian R. OFFICIAL USE ONLY FILE NUMBER 2 1- 0 7 0 5 8 9 SOCIAL SECURITY NUMBER 1 9 1- 1 4- 7 3 3 4 THIS RETURN MUST BE FILED IN DUPLICATE WRH THE REGISTER OF WILLS SOCIAL SECURITY NUMBER ~ ~ 1.Original Retum ^ 2. Supplemental Retum ^ 3. Remainder Retum (date of death prior to 12.13-t72) Q v m ~ ^ 4. Limited Estate ^ 4a. Future Interest Compromise (date of death after tz-tz-az) ^ 5. Federal Estate Tax Retum Required a . =moo ~ a m 0 6. Decedent Died Testate (Attach copy of wlq ^ 7. Decedent Maintained a Living Trust tAGacn Dopy of Trust) ~ 8. Total Number of Safe Deposit Boxes a ^ 9. Litigation Proceeds Received ^ 10. Spousal Poverty Credit (date oraea(n between tz-st-st and ~-~-es) ^ 11. Election to tax under Sec. 9113(A) (Attach scn O) THIS SECTION MUST BE COMPLETED.ALL CORRESPONDENCE AND'CONFIDENTIAL TAX INFORMATION SHOULD BE.DIRECTED TO: ~, w NAME COMPLETE MAILING ADDRE SS z Jill M. Wineka Es uire a FIRM NAME (If Applicable) Purcell Kru & hailer 1719 North Front Street p TELEPHONE NUMBER 717 234-4178 Harrisbur 17102 OFFICU£~i1SE ON6Y ,-; 1. Real Estate (Schedule A) (1) ;~~ ~ t~,-~ ;_ ~ -' 2. Stocks and Bonds (Schedule B) (2) ~? ••-n~p rte- ~ ~ - ~;% > L T~ t r ^-' i y, 3. Closely Held Corporation, Partnership orSole-Proprietorship (3) ,- ~ -^ ~ _" ' `~' ~-, . ~ n r xa• ~' ~ ~'~' 4. Mortgages & Notes Receivable (Schedule D) (4) ~ - ~; _ - 5. Cash, Bank Deposits & Miscellaneous Personal Property (5) 18,837.12- ~ O ~ _ ~ :•~ ~ (Schedule E) ' '~.~? O Z t O_ 6. Jointly Owned Property (Schedule F) (6) F" J ^ Separate Billing Requested ~ 7. Inter-Vivos Transfers ~ Miscellaneous Non-Probate Property (7) 152,243.98 E- (Schedule G or L) Q 8. Total Gross Assets (total Lines 1-7) (8) 171,081.10 V W 9. Funeral Expenses & Administrative Costs (Schedule H) (9) 7, 026.64 ~' 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) (10) 200.00 11. Total Deductions (total Lines 9 & 10) (11) 7,226.64 12. Net Value of Estate (Line 8 minus Line 11) (12) 163,854.46 13. Charitable and Governmental BequestslSec 9113 Trusts for which an election to tax has not been (13) made (Schedule J) 14. Net Value Subject to Tax (Line 12 minus Line 13) (14) 163,854.46 SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES Z 0 15. Amount of Line 14 taxable at the spousal tax 919 29 X 0 158 15 0.00 . , ( ) rate, or transfers under Sec. 9116 (a)(1.2) I- ~ 16. Amount of Line 14 taxable at lineal rate 4,935.17 X .045 (16) 222.08 ~ 17. Amount of Line 14 taxable at sibling rate 0.00 X .12 (17) 0.00 O Amount of Line 14 taxable at collateral rate 0.00 X .15 (18) 18 0.00 V . X Q 19. Tax Due (19) 222.08 H ^ 20. • e ~ r+• e > > BE SURE TO ANSWER ALL QUESTIONS ON REVERSE SIDE AND RECHECK'MATH << Decedent's Complete Address: STREET ADDRESS 1513 Hi h Meadow Lane clTV Mechanicsburg STATE PA ZIP 17055 Tax Payments and Credits: ~. Tax Due (Page 1 Line 19) (1) 222.08 2, CreditslPayments A. Spousal Poverty Credit B. Prior Payments C. Discount Total Credits (A + B + C) (2) 0.00 3. Interest/Penalty if applicable D. Interest 25.00 E. Penalty Total Interest/Penalty (D + E) (3) 25.00 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Check box on Page 1 Line 20 to request a refund (4) 0.00 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) 247.08 A. Enter the interest on the tax due. (5A) B. Enter the total of Line 5 +5A. This is the BALANCE DUE. (5B) 247.08 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 : ........................................................................... ^ ^X b. retain the right to designate who shall use the property transferred or its income : ........................................ ^ ^X c. retain a reversionary interest; or ...................................................................................................... ^ d. receive the promise for life of either payments, benefits or care? ............................................................. ^ X^ 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration? ............................................................................................... ^X ^ 3. Did decedent own an "intrust for" or payable upon death bank account or security at his or her death? ................. ^X ^ 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? ....................................................................................................... ^X ^ 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 declare that I have examined this return, including 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 personal representative is based on a1l,ir~formation of which prepares any knowledge. SIGNATURE i, Jr., P~OA for Lillian FjlGinanni, 1513 High Meadow Lane, PA 17055 ADDRESS ,~I M. Wineka, Esquire, 1719 North Front Street, btarrlsaurg PA 17102 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)]. Asibling is defined, under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. REV-1508 EX + (6-98) SCHEDULE E COMMONWEALTH OF PENNSYLVANIA CASH, BANK DEPOSITS, & MISC. IN R SIIDENT DECEDENTRN PERSONAL PROPERTY ESTATE OF FILE NUMBER Ginanni. Lester W. 21 07 058 Include the proceeds of litigation and the date the proceeds were received by the estate. All property jointly-owned with right of survivorship must be disclosed on Schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. Cash distribution from Estate of Mary T. Ginanni, Deceased, sister of Decedent who 18,837.12 predeceased her brother on October 4, 2006. See attached letter dated December 27, 2007 from Attorney Michael J. Maransky, who represented the Estate of Mary T. Ginanni. TOTAL (Also enter on line 5, Recapitulation) I $ 18.837.12 (If more space is needed, insert additional sheets of the same size) REV-1510 EX ~ (6-98) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF SCHEDULE G INTER-VIVOS TRANSFERS & MISC. NON-PROBATE PROPERTY FILE NUMBER Ginanni Lester W. 21 07 0589 This schedule must be completed and filed if the answer to any of questions 1 through 4 on the reverse side of the REV-1500 COVER SHEET is yes. ITEM NUMBER DESCRIPTION OF PROPERTY INCLUDE THE NAMEOFTHETRANSFEREE,THEIRRELATIONSHIPTODECEDENTAND THE DATEOFTRANSFERATTACHACDPYOFTHEDEEDFDRREALESTATE. DATE OF DEATH VALUE OF ASSET %OFDECD'S INTEREST EXCLUSION (IFAPPLICABLE( TAXABLE VALUE 1. Decedent's one-half interest in real estate located at 431 121,232.10 50. 3,000.00 57,116.05 West Sterigere Street, Norristown, Montgomery County, PA was transferred to the Decedent's surviving spouse, Lillian R. Ginanni by Deed dated March 14, 2007 and recorded April 2, 2007 within one year of the Decedent's death. The Decedent had received title to his one-half interest in the Norristown real estate by Deed dated February 13, 2007 and recorded March 5, 2007 in Book 5637, Page 2145 from the Estate of the Decedent's sister, Estate of Mary T. Ginanni, Deceased with a total tax assessed value of $121,232.10. See attached Deeds dated March 14, 2007 and February 13, 2007. 2. Integrity Bank, Certificate of Deposit Acct. No. 100371. 1,887.49 100. 1,887.49 The account was payable on death to the Decedent's spouse, Lillian R. Ginanni. See attached copies of Certificate of Deposit noting Payable on Death to Lillian R. Ginanni and Statement from Integrity for date of death value. 3. Integrity Bank, IRA Acct. No. 91301. The account was also 93,240.44 100. 93,240.44 Payable on Death to the Decedent's spouse, Lillian R. Ginanni. See attached copies of IRA noting Payable on Death to Lillian R. Ginanni and Statement from Integrity for date of death value. TOTAL (Also enter on line 7 Recapitulation) I S 152,243.98 (If more space is needed, insert additional sheets of the same size) REV-1511 EX + (12-99) SCHEDULE H COMMONWEALTH OF PENNSYLVANIA FUNERAL EXPENSES 8c INHERITANCE TAX RETURN ADMINISTRATIVE COSTS RESIDENT DECEDENT ESTATE OF FILE NUMBER Ginanni Lester W 21 07 0589 Debts of decedent must be reported on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1. L'Koste Villa -post-funeral luncheon 1,192.50 B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Name of Personal Representative (s) Social Security Number(s)IEIN Number of Personal Representative(s) Street Address City State Zip Year(s) Commission Paid: 2 Attorney Fees Purcell, Krug & Haller 1,500.00 3, Family Exemption: (If decedents address is not the same as claimants, attach explanation) 3, 500.00 Claimant Lillian R. Ginanni street Address 1513 High Meadow Lane cry Mechanicsburg state PA zip 17055 Relationship of Claimant to Decedent SpOUSe 4. Probate Fees Register of Wills 210.00 5 Accountant's Fees 6, Tax Return Preparers Fees 7. Register of Wills -fees to file Will, Codicil, Automation fee, JCP fee, Short Certificates 65.00 8. The Patriot News -advertising Estate 266.58 9. Cumberland Law Journal -advertising Estate 75.00 10. The Sentinel -advertising Estate 182.56 11. Register of Wills -fee to file Family Settlement Agreement 20.00 12. Register of Wills -fee to file PA Inheritance Tax Return 15.00 TOTAL (Also enter on line 9, Recapitulation) $ 7.026.64 (If more space is needed, insert additional sheets of the same size) REV-1512 EX + (6-98) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN ESTATE OF SCHEDULE 1 DEBTS OF DECEDENT, MORTGAGE LIABILITIES & LIENS FILE NUMBER Ginanni Lester W. 21 07 0589 Include unreimbursed medical expenses. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH Messiah Village -home care medical services 200.00 TOTAL (Also enter on line 10, Recapitulation) I $ 200.00 (If more space is needed, insert additional sheets of the same size) REV-1513 EX +(9-nn~ SCHEDULE J COMMONWEALTH OF PENNSYLVANIA BENEFICIARIES INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Ginanni ester W. 21 7 05 RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE I TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 9116 (a) (1.2)] 1. Lillian R. Ginanni Spousal 1513 High Meadow Lane Life Income Trust Mechanicsburg, PA 17055 2. Nancy L. Ginanni Lineal 1074 Lancaster Blvd. 15% Remainderman Mechanicsburg, PA 17055 Interest 3. Jean M. Ginanni Smith Lineal 302 Belair Drive 15% Remainderman Shiremanstown, PA 17011 Interest 4. Lester W. Ginanni, Jr. Lineal 823 Fishing Creek Road 15% Remainderman New Cumberland, PA 17070 Interest 5. Joanne M. Yeager Brady Lineal 407 Carlisle Road 7.86% Remainderman Mechanicsburg, PA 17055 5°/ Mother~ Mary Leslie Ginanni Yeager, who predeceased I~eceden~ plus 2.86% from her status as 1 of 14 grandchildren). ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18, AS APPROPRIATE, ON REV-1500 COVER SHEET II. NON-TAXABLE DISTRIBUTIONS: 1. A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE 1. B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET $ (If more space is needed, insert additional sheets of the same size) Continuation of REV-1500 Inheritance Tax Return Resident Decedent Ginanni, Lester W. Decedent's Name Schedule J -Beneficiaries -1 Page 1 21 07 0589 File Number NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY RELATIONSHIP TO DECEDENT Do Not List Trustee(s) AMOUNT OR SHARE OF ESTATE I TAXABLE DISTRIBUTIONS (include outright spousal distributions) 6. Nicole D. Yeager Lineal 14 Broadmoor Drive 7.86% Remainderman Mechanicsburg, PA 17055 Interest (5% from her Mother, Mary Leslie Ginanni Yeager, wh predeceased Decede plus 2.86% from he status as 1 of 14 grandchildren). 7. Leslie M. Yeager Lineal 14 Broadmoor Drive 7.86% Remainderman Mechanicsburg, PA 17055 M 5°/ other~ Mary Leslie Ginanni Yeager, who predeceased Deceden plus 2.86% from her status as 1 of 14 grandchildren). 8. Theresa G. Andreoli, c/o Nancy L. Ginanni Lineal 1074 Lancaster Blvd. 2.86% Remainderman Mechanicsburg, PA 17055 Interest 9. Heather M. Smith Lineal 302 Belaire Drive 2.86% Remainderman Shiremanstown, PA 17011 Interest 10. Robert Lee Smith Lineal 302 Belaire Drive 2.86% Remainderman Shiremanstown, PA 17011 Interest 11. Julia M. Ginanni, c/o Lester W. Ginanni, Jr. Lineal 823 Fishing Creek Road 2.86% Remainderman New Cumberland, PA 17070 Interest 12. Andrea L. Ginanni Boyer Lineal 319 Kings Highway 2.86% Remainderman Marysville, PA 17053 Interest 13. Lillian D. Ginanni, c/o Lester W. Ginanni, Jr. Lineal 823 Fishing Creek Road 2.86% Remainderman New Cumberland, PA 17070 Interest 14. Jaclyn M. Ginanni, c/o Lester W. Ginanni, Jr. Lineal 823 Fishing Creek Road 2.86% Remainderman New Cumberland, PA 17070 Interest 15. Lester W. Ginanni, III, c/o Lester W. Ginanni, Jr. Lineal 823 Fishing Creek Road 2.85% Remainderman New Cumberland, PA 17070 Interest nt Continuation of REV-1500 Inheritance Tax Return Resident Decedent Ginanni, Lester W. Decedent's Name Page 2 21 07 0589 File Number Schedule J -Beneficiaries -1 NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY RELATIONSHIP TO DECEDENT Do Not List Trustee(s) AMOUNT OR SHARE OF ESTATE I TAXABLE DISTRIBUTIONS (include outright spousal distributions) 16. Eva Ginanni, c/o Lester W. Ginanni, Jr. Lineal 823 Fishing Creek Road 2.85% Remainderman New Cumberland, PA 17070 Interest 17. Lydia Ginani, c/o Lester W. Ginanni, Jr. Lineal 823 Fishing Creek Road 2.85% Remainderman New Cumberland, PA 17070 Interest 18. Anthony Frank Lineal 530 Whisler Road 2.85% Remainderman Etters, PA 17319 Interest REV-1514 EX + (6-98) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF SCHEDULE K LIFE ESTATE, ANNUITY & TERM CERTAIN eck Box 4 on Rev1500 Cover Sh FILE NUMBER Ginanni. Lester W. 21 07 0589 This schedule is to be used for all single life, joint or successive life estate and term certain calculations. For dates of death prior to 5-1-89, actuarial factors for single life calculations can be obtained from the Department of Revenue, Specialty Tax Unit. Actuarial factors can be found in IRS Publication 1457, Actuarial Values, Alpha Volume for dates of death on or after 5-1-89. Indicate the type of instrument which created the future interest below and attach a copy to the tax return. ^ Will ^ Intervivos Deed of Trust ^ Other NAME(S) OF LIFE TENANT(S) DATE OF BIRTH . ~ NEAREST AGE AT TERM OF YEARS DATE OF DEATH LIFE ESTATE IS PAYABLE` Lillian R. Ginanni 9/1/1928 7g ^X Life or ^Term of Years ^ Life or ^ Term of Years ^ Life or ^ Term of Years ^ Life or ^ Term of Years 1 • Value of fund from which life estate is payable ............................................... $ _ 18,837.12 2. Actuarial factor per appropriate table ...................................................... .35437 Interest table rate - ^ 3 1/2% ^ 6% ^ 10% ^X Variable Rate 5.6 3. Value of life estate (Line 1 multiplied by Line 2) .......................................... $ 6,675.31 NAME(S) OF ANNURANT(S) DATE OF BIRTH NEAREST AGE AT TERM OF YEARS DATE OF DEATH. ANNUITY ISPAYABLE - ^ Life or ^ Term of Years ^ Life or ^ Term of Years ^ Life or ^ Term of Years ^ Life or ^ Term of Years 1. Value of fund from which annuity is payable ................................................ $ 2. Check appropriate block below and enter corresponding (number) ................................ . Frequency of payout - ^ Weekly (52) ^ Bi-weekly (26) ^ Monthly (12) ^ Quarterly (4) ^Serni-annually (2) ^ Annually (1) ^ Other ( ) 3. Amount of payout per period ........................................................... $ 4. Aggregate annual payment, Line 2 multiplied by Line 3 ........................................ . 5. Annuity Factor (see instructions) Interest table rate - ^ 3 112% ^ 6% ^ 10% ^ Variable Rate 6. Adjustment Factor (see instructions) ..................................................... . 7. Value of annuity - If using 3 1/2%, 6%, 10%, or if variable rate and period payout is at end of period, calculation is :Line 4 x Line 5 x Line 6 ........................... . If using variable rate and period payout is at beginning of period, calculation is (Line 4 x Line 5 x Line 5) +Line.3 .................................................. . $ NOTE: The values of the funds which create the above future interests must be reported as part of the estate assets on Schedules A through G of this tax return. The resulting life or annuity interest(s) should be reported at the appropriate tax rate on Lines 13, 15, 16 and 17. (If more space is needed, insert additional sheets of the same size) REV-1649 EX + (1-9~ SCHEDULE 0 COMMONWEALTH OF PENNSYLVANIA ELECTION UNDER SEC. 9113(A) INHERITANCE TAX RETURN SPOUSAL DISTRIBUTIONS RESIDENT DECEDENT ESTATE OF FILE NUMBER Ginanni. Lester W. 21 07 0589 Do not complete this schedule unless the estate is making the election to tax assets under Section 9113(A) of the Inheritance & Estate Tax Act. If the election applies to more than one trust or similar arrangement, a separate form must be filed for each trust. This election applies to the Trust (marital residual A B By-pass Unified Credit etc ) If a trust or similar arrangement meets the requirements of Section 9113(A), and: a. The trust or similar arrangement is listed on Schedule 0, and b. The value of the trust or similar arrangement is entered in whole or in part as an asset on Schedule 0, then the transferor's personal representative may specifically identify the trust (all or a fractional portion or percentage) to be included in the election to have such trust or similar property treated as a taxable transfer in this estate. If less than the entire value of the trust or similar property is included as a taxable transfer on Schedule 0, the personal representative shall be considered to have made the election only as to a fraction of the trust or similar arrangement. The numerator of this fraction is equal to the amount of the trust or similar arrangement included as a taxable asset on Schedule 0, The denominator is equal to the total value of the trust or similar arrangement PART A: Enter the description and value of all interests, both taxable and non-taxable, regardless of location, which pass to the decedent's surviving spouse under a Section 9113 (A) trust orsimilar an-anoement. Pursuant to Item II of the Decedent's Will, all probatable assets shall be placed in Trust for the benefit of the Decedent's spouse, Lillian R. Ginanni. 18,837.12 Part A Total I ~ 18 837 12 PART B: Enter the description and value of all interests included in Part A for which the Section 9113 (A) election to tax is being made. Pursuant to Item II of the Decedent's Will, all probatable assets shall be placed in Trust for the benefit of the Decedent's spouse, Lillian R. Ginanni. VALUE 18, 837.12 (If more space is needed, insert additional sheets of the same size) 7.12 IN RE: ESTATE OF LESTER W. GINANNI, DECEASED IN THE COURT OF COMMON PLEAS CUMBERLAND CO., PENNSYLVANIA ORPHANS' COURT DIVISION NO. 21-07-0589 TABLE OF CONTENTS 1. Last Will and Testament of Lester W. Ginanni dated December 18, 1997 and Codicil to Last Will and Testament of Lester W..Ginanni dated July 17, 2003. 2. Power of Attorney of Lillian R. Ginanni to Lester W. Ginanni, Jr. dated August 13, 2003, 3. Letter dated December 27, 2007 from Attorney Michael J. Maransky regarding cash distribution from the Estate of Mary T. Ginanni, Deceased. 4. Deed dated February 13, 2007 and recorded March 5, 2007 in Book 5637, Page 02145 from Marie B. Constable, Executrix for the Estate of Mary T. Ginanni, Deceased to Lester W. Ginanni for property located 421 West Sterigere Street, Norristown, PA. 5. Deed dated March 14, 2007 and recorded April 2, 2007 from Lester W. Ginanni, by his Attorney-in-Fact, Lester W. Ginanni, Jr. to Lillian R. Ginanni for property located 421 West Sterigere Street, Norristown, PA. 6. Copy of Integrity Bank, Certificate of Deposit Account No. 100371, which was payable on death to Decedent's spouse, Lillian R. Ginanni. 7. Copy of Integrity Bank, IRA Account No. 91301, which was payable on death to Decedent's spouse, Lillian R. Ginanni. 8. Statement from Integrity Bank dated March 3, 2008 regarding date of death values on the above Certificate of Deposit and IRA. ~~~ ~~/~~f.~ G~l~ I, LESTER W. GINANNI, of Mechanicsburg, Cumberland County, Pennsylvania, declare this to be my Last Will and Testament and revoke any and all Wills and Codicils previously made by me. ITEM I: I direct that all my just debts, last medical expenses, and funeral expenses shall be paid from the assets of my estate as soon as practicable after my decease. ITEM II: If my spouse, LILLIAN R. GINANNI, survives me, I give to my Trustee, hereinafter named, an amount equal to the maximum dollar amount, if any, which can pass free of federal estate tax in my estate by reason of the unified credit and the state death tax credit (provided that the use of this credit does not require an increase in the state death taxes paid), reduced by the aggregate of (1) all items includable in my estate for federal estate tax purposes which either are disposed of in previous Items of this Will or pass outside of this Will and which do not qualify for the federal estate tax marital deduction or the federal estate tax charitable deduction; and (2) the amount of all charges to principal of my estate (including expenses and death taxes) that are not allowed as deductions in computing my federal estate tax. For the purpose of establishing the amount of the gift under this Item, all values shall be those as finally determined for federal estate tax purposes, but in funding, date of distribution values shall be used. This Trust shall be referred to and known as my Credit Shelter Trust. My Trustee shall hold this sum IN TRUST, during the life of my spouse, LILLIAN R. GINANNI, for the following uses and purposes: A. To pay the net income thereof to my spouse, LILLIAN R. GINANNI. B. The Trustee may apply the net income of this Trust for the benefit of my said spouse should she by reason of age or illness be incapable of disbursing it. C. Upon the death of my spouse, LILLIAN R. GINANNI, the principal and any accumulated or undistributed income, shall be distributed as follows: 1) Sixty (60%) percent (plus any increase for sums received from application of Item II-C (2) (f) hereof) 2 in equal shares to my four children, MARY LESLIE GINANNI YEAGER, NANCY L. GINANNI ANDREOLI, JEAN M. GINANNI SMITH, and LESTER W. GINANNI, JR., or the surviving issue of each specifically named child, per stirpes (excluding Anthony Frank and provided that the shares of LESTER W. GINANNI, JR. and NANCY L. GINANNI ANDREOLI shall be held in trust, pursuant to the terms of Items VI and VII hereof, respectively); on condition, that any such surviving issue who are then less than thirty (30) years of age shall receive his share of distribution in trust, pursuant to the terms of Item II-C (2) hereof. 2) Forty (400) percent (unless reduced under Item II-C(2)(f) hereof) in equal shares, one share to each of my then surviving grandchildren, including ANTHONY FRANK as one member of this class; PROVIDED that if any such surviving grandchild entitled to distribution under this Item II-C (2) shall be then under age thirty (30), the share of such beneficiary shall be held by my Trustee, IN FURTHER SEPARATE TRUST, for the following uses and purposes: (a) If the beneficiary is under age eighteen, to expend and apply so much of the net income (any 3 income not expended or applied to be accumulated and added to principal) and so much of the principal thereof as the trustee shall consider advisable for the support and education (including college education, both graduate and undergraduate) of that beneficiary until he or she attains the age of eighteen years. (b) After the beneficiary attains the age of eighteen, thereafter to pay to such child the net income together with so much of the principal thereof as trustee shall consider advisable for the support and education (including college education, both graduate and undergraduate.) of such beneficiary after taking into consideration his or her other readily available assets and sources of income. (c) Up to one-third (1/3) of the then-remaining principal and accumulated income of that beneficiary's share at age twenty-five (25) on the request of the beneficiary shall be distributed to him at or after age twenty-five (25); and up to the entire balance of principal and accumulated income then remaining of his share at his request shall be 4 distributed to that beneficiary at or after age thirty (30) Distributions at or after these stated ages shall be made only in the event the beneficiary requests such distribution by a writing intended to take effect during his lifetime, executed by him upon or after attaining each of the stated ages and delivered to my Trustee. (d) Notwithstanding the aforestated terms hereof, each trust shall terminate within and no later than the period established by the Pennsylvania Rule Against Perpetuities. (e} If any trust beneficiary shall die before receiving distribution or final distribution of his entire share, the share or undistributed share of such trust beneficiary shall be distributed in accordance with the Last Will and Testament of such trust beneficiary. However, in the event said trust beneficiary has no Last Will and Testament at the time of his death, the balance of his share shall be distributed to his surviving issue, der stirpes; PROVIDED, that if any such beneficiary is then under age twenty-one (21), the share of such beneficiary 5 shall be held in FURTHER SEPARATE TRUST governed by the terms stated in this ITEM II-C(2) until such twenty-first (21st) birthday, after which all principal and accumulated income shall be distributed upon written request. No distributions of principal on demand shall be made except in the sole and absolute discretion of the Trustee prior to the twenty-first (21st) birthday of the respective beneficiary. In the event said trust beneficiary dies without issue, his share or the balance of his share of my estate shall pass to his heirs at law, subject to the terms of the trust set forth herein. (f) Notwithstanding the foregoing, under no circumstances shall there be distributed to my grandchildren under this Item II-C (2) an amount that would then exceed the sum then excluded under the Internal Revenue Code from generation skipping transfer taxation. In such event, the aforesaid excess shall be distributed to my children. D. I direct that my Executrix and her successors shall not elect that this trust be a part of the marital deduction and thereby included in my spouse's estate. 6 ITEM III: If my spouse, LILLIAN R. GINANNI, survives me (and I direct that for the purposes of this ITEM III she shall be deemed to have survived me unless it appears unmistakably that she predeceased me), I give, devise and bequeath the rest, residue and remainder of my estate of every nature and wherever situate outright to my spouse, LILLIAN R. GINANNI. ITEM IV: Should my spouse, LILLIAN R. GINANNI, predecease me, I give, devise and bequeath the rest, residue and remainder of my estate of every nature and wheresoever situate as follows: SIXTY (600) PERCENT to my children, as set forth in Item II-C (1) hereof and FORTY (4.Oo) PERCENT (unless reduced to avoid generation skipping transfer taxation) to my surviving grandchildren, outright or in trust, as set forth in Item II-C(2) hereof. ITEM V: If my spouse, LILLIAN R. GINANNI, makes a qualified disclaimer (as defined in Sec. 2518 of the Internal Revenue Code, as amended) with respect to all or any portion of the interest in property given to her under any provision of my Will, I give such disclaimed property interests to the Trustee of my Credit Shelter Trust, IN TRUST, for the benefit of my 7 said spouse during her lifetime with the balance of the principal and interest passing in conformity with the terms of Item II-C hereof. Notwithstanding the foregoing, my spouse, LILLIAN R. GINANNI, may completely disclaim any interest whatsoever, pursuant to Item IX hereof, by specific reference to Item IX in her written disclaimer, in which case there shall be no spousal gift hereunder to the extent of the disclaimer, and the disclaimed interest shall pass directly to my children and surviving grandchildren, as if my spouse had predeceased me, pursuant to the percentages and terms set forth in Item IV hereof. ITEM VI: I give, devise and bequeath any share of my estate that is to pass to my son, LESTER W. GINANNI, JR., of every nature and wheresoever situate to my Trustee, hereinafter named, to be held in Trust until he is fifty-five (55) years of age for the following uses and purposes: A. To pay the net income derived from the principal to my son in convenient installments,'at least monthly. B. The Trustee may apply the net income of this Trust for the benefit of my son should he by reason of age or illness be incapable of disbursing it. C. The entire balance of principal and any 8 accumulated income then remaining in this Trust at his written request shall be distributed to the beneficiary at or after age fifty-five (55) . D. If my son, LESTER W. GINANNI, JR., dies before receiving distribution or final distribution of his entire share, his share or undistributed share shall be distributed in accordance with his Last Will and Testament. However, in the event my son, LESTER W. GINANNI, JR., has no Last Will and Testament at the time of his death, the balance of his share shall be distributed to his heirs at law. ITEM VII: I give, devise and bequeath any share of my estate that is to pass to my daughter, NANCY L. GINANNI ANDREOLI, of every nature and wheresoever situate to my Trustee, hereinafter named, to be held in Trust for the lifetime of my daughter for the following uses and purposes: A. To pay the net income derived from the principal to my daughter in convenient installments, at least monthly. B. The Trustee may apply the net income of this Trust for the benefit of my daughter should she by reason of age or illness be incapable of disbursing it. C. As much of the principal of this Trust as the Trustee may from time to time think advisable for the support 9 of my daughter to maintain her in the station of life to which she is accustomed at my death and after taking into consideration her other readily available assets and sources of income, or during illness or emergency, shall be paid to her or applied directly for her benefit by the Trustee. D. If my daughter, NANCY L. GINANNI ANDREOLI, dies before receiving distribution or final distribution of her entire share, her share or undistributed share shall be distributed in accordance with her Last Will and Testament. However, in the event my daughter, NANCY L. GINANNI ANDREOLI, has no Last Will and Testament at the time of her death, the balance of her share shall be distributed to her heirs at law. Notwithstanding the foregoing, the share of any grandchild beneficiary who is now in existence and less than age thirty (30) at the time of my said daughter's demise shall pass to the trust established for such grandchild, pursuant to the trust provisions of Item II-C (2) hereof. ITEM VIII-A: My Executrix,,Trustee and their successors shall have the following powers, in addition to those vested in them by law and by other provisions of my Will, applicable to all property, whether principal or income, including property held for minors, exercisable without court 10 approval, and effective until actual distribution of all property: 1) To borrow money from any person or institution including any corporate fiduciary and to mortgage or pledge any or all real or personal property as they in their sole discretion shall choose, without regard for the dispositive provisions of this instrument, except that no property passing to the marital deduction share shall be so mortgaged or pledged. 2) To reasonably compromise claims asserted by or against my estate. 3) To join with my spouse in filing a joint income tax return without requiring her to indemnify my estate against liability for the tax attributable to her income, and to consent to any gifts made by my spouse being treated as having been made one-half by me for the purpose of federal laws relating to gift tax. 4) To retain any or all of the assets of my estate, real or personal, without regard to any principle of diversification or risk. 5) To sell at public sale, to exchange, or to lease for any period of time, any real or personal property and 11 to give option for sales, exchanges, or leases, for such prices and upon such terms or conditions as they deem proper. 6) To make loans to, to sell to, and to buy property from my or my spouse's executor or administrator or my trustee. This shall not be construed as a command to exercise these powers under any circumstances. All sums payable to the Credit Shelter Trust established in Item II hereof from whatever source shall be utilized for such loans or to purchase assets from my Executrix at final federal estate tax values. 7) To borrow on life insurance policies, to assign and pledge such policies for any loan, to pay premiums on said policies, and to receive dividends and all other payments available to the Trustee as owner. 8) To exercise any law-given option to pay death taxes in installments, the payment of interest due on such installments to be a charge against principal of my Credit Shelter Trust. 9) Notwithstanding any power granted expressly or impliedly herein, such shall be void and of no effect as to the marital gift if such would either reduce or eliminate said gift, as elected by my Executrix. Furthermore, in no event shall there be included in the Item III bequest any asset or 12 the proceeds of any asset which will not qualify for the marital deduction. Such assets shall be included in the principal of my Credit Shelter Trust. 10) Either cash or investments or both may be allocated to the trust created in Item III; provided that any property allocated in kind shall be valued at the value at which it is finally included in my gross estate for federal estate tax purposes, and further provided that the aggregate market value thereof on the date of allocation (plus the value as finally determined for federal estate tax purposes of all other property qualifying for the marital deduction) is at least equal to the dollar value of the marital deduction as finally determined for federal estate tax purposes. 11) To combine the assets of any separate trusts under this Will into one or more administrative or investment units for convenience of administration and investment. 12) To merge, following the death of my spouse, any trust hereunder into any trust created by my spouse, by Will or otherwise, or to receive by merger assets from any trust created by my spouse, by Will or otherwise, provided such trusts have the same beneficiaries and substantially similar provisions. 13 13) To make distribution in cash or in kind or partly in cash and partly in kind, and, except as otherwise specifically directed, to allocate specific assets to or among the beneficiaries, including any trusts hereunder, in such manner or proportion as they may deem advisable; provided, however, that this clause shall not be construed to permit them to affect the value of the distribution to which any such beneficiary may be entitled hereunder. 14) All powers granted to my Executors and Trustees under this and other Sections of this Will are exercisable only in a fiduciary capacity. No such power shall be construed to enable any person to purchase, exchange or otherwise deal with or dispose of any estate or trust asset for less than adequate consideration. 15) To subscribe for stocks, bonds or other investments; to join in any plan of lease, mortgage, merger, consolidation, reorganization, foreclosure or voting trust and deposit securities thereunder; to exercise options to purchase stock and other property; and generally to exercise all the rights of security holders of any corporation. 16) To register securities in street name or in the name of a nominee or in such manner that title shall pass 14 ,, by delivery and to vote, in person or by proxy, securities held hereunder and in such connection to delegate discretionary powers. 17) To purchase securities or other assets on margin and to otherwise pledge assets held to finance any investment activity hereunder, and to buy, sell or otherwise deal in calls (covered or uncovered), puts or other options with respect to securities or other property. 18) To make all reasonable compromises. 19) To participate in a public or private sale of securities issued by any corporation; to join with other shareholders in such a sale; to participate in the preparation of registration statements, prospectuses and other documents in connection with such a sale and to pay from other assets of my estate or the trusts hereunder an equitable portion of the expenses of such preparation; to make warranties respecting the ownership of such securities and such other matters as may be deemed advisable; to delegate to other persons the authority to negotiate on behalf of my fiduciaries with underwriters in connection with such a sale and to indemnify such underwriters or purchasers against any loss arising out of an omission or representation in such a prospectus or registration statement 15 or arising out of any other matter in connection with such a sale; to pledge the assets of my estate or the trusts hereunder as security for such indemnity; and to purchase and pay premiums on any insurance against any loss arising in connection with such a sale. 20) To act in any jurisdiction where permitted by law to do so or to designate one or more persons, or a bank or trust company, to be ancillary Executors or ancillary Trustees in any jurisdiction in which ancillary administration may be necessary; and to negotiate and determine the compensation to be paid to any such ancillary Executors or ancillary Trustees whether or not such compensation would otherwise be authorized by law, and to pay such compensation out of principal or income or both; and I hereby appoint the ancillary Executors or ancillary Trustees so designated, and direct that they shall not be required to post bond or enter security in such jurisdiction; and I hereby grant to my ancillary Executors or ancillary Trustees with respect to any and all property subject to administration by them all of the powers, authorities and discretion granted in this Will to my domiciliary Executor and Trustees, provided, however, that such action as may require the investment of additional funds or the 16 assumption of additional obligations shall not be undertaken without the written consent of my domiciliary Executor or Trustees. ITEM VIII-B: A portion or all of the property held hereunder may consist of interests in closely held companies, including corporations and partnerships (any such closely held business or enterprise hereinafter called a "Company"), and my Executor and Trustee are to have broad powers to hold, invest in, and deal with any such Company. Accordingly, without limiting the powers otherwise granted herein or conferred by law, my Executor and Trustees are, in addition, authorized and empowered with respect to any Company (such powers to be effective until final distribution of all assets hereunder, as follows: 1) To carry on any business owned or controlled by me at my death for whatever period of time they shall think proper, and they shall have the power to do any and all things they deem necessary or appropriate, including the power to delegate all or any part of the supervision, management, and operation of the business to such person or persons as they may select, and the power to close out, liquidate, or sell the business at such time and upon such terms as they deem best. 17 My Executrix and Trustee shall not be held to personal liability for shrinkage of income or loss of capital value that may be incurred in the course of their operation of the business, except loss that may result from their willful misconduct. Notwithstanding the above, this power shall be void and of no effect if it in any way reduces the marital deduction. 2) To acquire interests (including minority interests) in a Company either for cash or with borrowed funds and to retain all or part of any investment in a Company without regard to the general fiduciary principle of investment diversification, for such period of time as my Executor and Trustee may deem advisable even though the Company may be subject to wide fluctuations of earnings. My Executor and Trustee may exercise the broadest judgment as to the best course to follow in retaining or disposing of any such investment even though the Company may be operated temporarily at a loss, and shall not be liable for retaining such investment in the absence of gross negligence, dishonesty or bad faith. 3) To delegate to others all discretionary powers to take any action with respect to the management and 18 affairs of a Company which an individual could delegate, including the power to vote stock and the power to determine all policy questions. 4) To execute shareholder, joint venture and partnership agreements and amendments thereto and to participate in the incorporation, recapitalization, merger, consolidation, reorganization, liquidation or dissolution of a Company. 5) To elect as an officer of or employ for a Company any person, including any individual Executor or Trustee hereunder, or any director, officer or agent of any corporate Executor or Trustee hereunder, and to compensate any such person. 6) To rely on the reports (whether or not certified) of certified public accountants as to the operation and financial condition of a Company without independent investigation. 7) To invest additional capital in, to subscribe to or buy additional stock or securities of a Company, to make loans to a Company upon such security as may be deemed sufficient and to secure a loan to a Company by a pledge of the interest therein, as well as other property held hereunder. 19 8) To sell or liquidate any interest in a Company on such terms as my Executor and Trustee may deem advisable, and to abandon an interest in a Company if deemed advisable. ITEM IX: Anything in this Will to the contrary notwithstanding, any beneficiary under this Will may, at any time and from time to time, release, renounce, or disclaim, in whole or in part, or otherwise limit any power or interest granted to such beneficiary under this Will, by written instrument, duly signed, acknowledged before a Notary Public and filed with my Executor or with the Trustee of any trust hereunder. Such instrument need not take effect immediately and may be contingent upon the occurrence or non-occurrence of any event. In the event of disclaimer specifically referencing this Item IX, the gift, bequest or devise that would have been such person's shall pass under the terms of this my Last Will as if said beneficiary had predeceased me. This provision shall receive priority over any other disclaimer provision affecting any beneficiary, including my spouse, where Item IX is identified in the written disclaimer. In addition, my Executrix serving hereunder at any 20 _~J _ _.. Y ~~ .~~;~ ,, or in part, or otherwise limit any power granted to such fiduciary hereunder. ITEM X: All shares of principal and income hereby given shall be free from anticipation, assignment, pledge or obligation of the beneficiaries and any of them, and shall not be subject to any execution, attachment, levy or sequestration or other claims of the creditors of said beneficiaries or any of them. ITEM XI: All federal, state and other death taxes payable because of my death, with respect to the property passing under this Will, but not otherwise, and forming my gross estate for tax purposes, including any interest or penalty imposed in connection with such tax, shall be paid out of the non-marital residue of my estate, if any. Any such tax, including interest or penalty imposed, due by virtue of taxable property forming my gross estate but not passing under this Will shall be paid directly from such property and shall not be paid out of the marital or charitable deduction share of my estate. It is my specific command and intent herein that no property forming part of the marital or charitable deduction 21 share of my estate be utilized to pay or be reduced by any federal estate or Pennsylvania (or other state) inheritance or estate taxes. ITEM XII: I appoint DAUPHIN DEPOSIT BANK & TRUST COMPANY and FREDERICK S. RICE to serve as Co-Trustees of the trusts created by this my Last Will and Testament. Should FREDERICK S. RICE fail to qualify or cease to act as Co- Trustee, DAUPHIN DEPOSIT BANK & TRUST COMPANY shall serve as sole Trustee of the trusts created by this my Last Will and Testament. A majority of my children (one child if only two of my four children are surviving), previously identified, shall have the right to secure on demand the resignation of my corporate Trustee and designate a corporate successor from time to time. ITEM XIII: No Executor, Trustee, or successor to either, serving hereunder at any time shall be required to post bond or enter security in any jurisdiction. ITEM XIV: I appoint my spouse, LILLIAN R. GINANNI, Executrix of this my Last Will. Should my spouse, LILLIAN R. GINANNI, fail to qualify or cease to act as Executrix, I 22 appoint my son, LESSER W. GTNA~7NI, JR.,"to "serve as Executor of 0 this my Last Will. Should my son, LESTER W. GINANNI, JR., fail to qualify or cease to act as Executor, I appoint my daughter, MARY LESLIE GINANNI YEAGER to serve as Executrix of this my Last Will. ITEM XV: As Guardians of any property which passes under my Will or outside of my Will to a minor and with respect to which I am authorized to appoint a guardian and have not specifically done so outside of my Will, I appoint my surviving children. Such Guardian(s) shall not be required to post bond or enter security in any jurisdiction and shall have all of the responsibility, authority and discretion herein granted to my Trustee as to property held for minors. ITEM XVI: All references herein to the singular or the masculine shall include the plural or the feminine respectively, where appropriate throughout this my Last Will and. Testament. ITEM XVII: I direct my personal representative to employ JOHN W. PURCELL, SR., as attorney for my estate. This provision is made solely at my request and without urging or suggestion by the said JOHN W. PURCELL, SR. 23 0 IN W~I//STNES5 WHEREOF, I have hereunto set my hand and seal t~ \^' f f t h i s ~ day o f ~( ' i~e.fi' ~ ~1 19 9 7. ~._ /~ ) , ~i .... w ,, . LESTER W. GIN.ANNI The preceding instrument, consistinc twenty-two other typewritten pages, was, on signed, published and declared by LESTER W. Testator therein named, as and for his Last presence of us, who, at his request, in his the presence of each other, have subscribed witnesses hereto. ~ of this and the date thereof GINANNI, the Will, in the presence, and in our names as ~.. ~ ~"fi ~ , 1 ~ ff ~~J fir ' ~"' ~E_ %~ residing at I '~'~ti. j~~,{ ~" ~~~, ~~ ~ ~, ~(~~,~ ' t ~ f ~~'3 /~~"'~~ ``~ G l ~~~.-C~' 11G~'~...~ residing at ~~'~ (%&~~C`t ~'~. C~ ;CL.~L ~`~? t ~~ J"f ,~ ~ 24 COMMONWEALTH OF PENNSYLVANIA SS COUNTY OF DAUPHIN . WE, LESTER W . GINANNI , ~^j!/ ~(.:~~ `,i'1~ ~r ~~,~ r~1`e-f' and i. ~~ ~~~~;~ „I. ~'~ =~. ~r~ ~~ the Testator and the ~• witnesses, respectively, whose names are signed to the attached or foregoing instrument, being first duly sworn, do hereby declare to the undersigned authority that the Testator signed and executed the instrument as his Last Will, and that he had signed willingly and that he executed it as his free and voluntary act for the purposes therein expressed, and that each of the witnesses, in the presence and hearing of the Testator, signed the will as witnesses and that to the best of their knowledge the Testator was at that time eighteen years of age or older, of sound mind and under no constraint or undue influence. ,-f.1 -,;~,r ~~/»~~/~ ~i ~ ~ / ~ ~ ~ ~ / /~ LESTER W . GINANNIr-, ` ~ j t( {t 'll 1. Witness Witness ',~ ' Subscribed, sworn to and acknowledged beforF me. by LESTER W. GINANNI, the Testator, and subscribed and sworn co befc;ze me by ,, ~, .~~'~,..~~,~ti. ,~%~.,tii.~.- and ~i'l~, ~~~~ ~. ~~~.C:~.(~..~ 2 ~__-, 1 .-~ , witnesses, this 'i day of~! ~: ~ `~ ~~~~~.`.~~~. ~ -~99 ~' Notarial Seal `'`Notary Publ i c Cheryl L. DeVere, Notary Public Harrisburg, Dauphin County My Commission Expires May 1 t , 1998 CODICIL TO LAST WILL AND TESTAMENT OF LESTER W. GINANNI I, LESTER W. GINANNI, of Mechanicsburg, Cumberland County, Pennsylvania, declare this to be the Codicil to my Last Will and Testament dated December 18, 1997. I direct that ITEMS XII, XIV, and XVII of my Last Will dated December 18, 1997 shall be amended to read as follows: "ITEM XII: I appoint Manufacturers and Traders Trust Company (M&T Bank) and JOHN W. PURCELL, JR. to serve as Co-Trustee of the Trusts created by this my Last Will and Testament. A majority of my children (one child if only two of my four children are surviving), previously identified, shall have the right to secure on demand the resignation of my corporate Trustee and designate a corporate successor fxom time to time." "ITEM XIV: I appoint my spouse, LILLIAN R. GINANNI, Executrix of this my Last Will. Should my spouse, LILLIAN R. GINANNI, fail to qualify or cease to act as Executrix, I appoint my son, LESTER W. GINANNI, JR., to serve as Executor of this my Last Will. "ITEM XVII: I direct my personal representative to employ JOHN W. PURCELL, SR. or JOHN W. PURCELL, JR., as attorneys for my estate. This provision is made solely at my request and without urging or suggestions by the said JOHN W. PURCELL, SR. or JOHN W. PURCELL, JR." In all other respects, I hereby ratify, confirm and republish my Last Will and Testament dated December 18, 1997, as and for my Last Will. Al IN WITNESS WHEREOF, I have hereunto set my hand and seal this ~ day of ~,.~ t1 (--- ~ , 2003. LESTER W. GINANNI This preceding instrument, consisting of these two pages, was on the date thereof signed, published and declared by LESTER W. GINANNI, the Testator therein named, as and for a Codicil to his Last Will dated December 18, 1997, in the presence of us, who, at his request, in his presence, and in the presence of each other, have subscribed our names as witnesses hereto. t ~;~u~;~-~`+; ~ ~`,, ~' ``~ ~''~-x.~.k_c~.~ ti.: Residing at t ~~ ~~~. ~ ,, ~.~ ~..~.x., ~.<~.:.~...~. Residing at ._; COMMONWEALTH OF PENNSYLVANIA COUNTY OF DAUPHIN SS: WE, LESTER W. GINANNI, and~~:4 ``~~ _'~\ ~~_~:,.;/~,--- r r <~4:: s ~~::1 ~'~~ ~~ ~, ,the testator and the witnesses, respectively, whose names are signed to the attached or foregoing instrument, being first duly sworn, do hereby declare to the undersigned authority that the testator signed and executed the instrument as a Codicil to his last Will, and that he had signed willingly that he executed it as his free and voluntary act for the purposes therein expressed, and that each of the witnesses, in the presence and hearing of the testator, signed the Will as witnesses and that to the best of their knowledge the testator was at that time eighteen years of age or older, of sound mind and under no constraint or undue influence. /] / . Lester W. Ginanni Witness 1 ~ Witness Subscribed, sworn to and acknowledged before me, by LESTER W. GINANNI, the testator, and subscribed and sworn to before me b~~:~~~`~"1~~~,,,~i:-~~^~. and ,~~ ; s ;~1 b~ ~LA~ ~ witnessed, this 1'7 ~ day of ~~~ , 2003. Merr~bar, Penns~rivania /association of Notaries l Notary Notarial Seal Angela S. Eaton, Notary Public Harrisburg, Dauphin County My Commission Expires Jan. 12, 2004 NOTICE THE PURPOSE OF THIS POWER OF ATTORNEY IS TO GIVE THE PERSON YOU DESIGNATE (YOUR "AGENT") BROAD POWERS TO HANDLE YOUR PROPERTY, WHICH MAY INCLUDE POWERS TO SELL OR OTHERWISE DISPOSE OF ANY REAL OR PERSONAL PROPERTY WITHOUT ADVANCE NOTICE TO YOU OR APPROVAL BY YOU. THIS POWER OF ATTORNEY DOES NOT IMPOSE A DUTY IN YOUR AGENT TO EXERCISE GRANTED POWERS, BUT WHEN POWERS ARE EXERCISED, YOUR AGENT MUST USE DUE CARE TO ACT FOR YOUR BENEFIT AND IN ACCORDANCE WITH THIS POWER OF ATTORNEY. YOUR AGENT MAY EXERCISE THE POWERS GIVEN HERE THROUGHOUT YOUR LIFETIME, EVEN AFTER YOU BECOME INCAPACITATED, UNLESS YOU EXPRESSLY LIMIT THE DURATION OF THESE POWERS OR YOU REVOKE THESE POWERS OR A COURT ACTING ON YOUR BEHALF TERMINATES YOUR AGENT'S AUTHORITY. FUNDS. YOUR AGENT MUST KEEP YOUR FUNDS SEPARATE FROM YOUR AGENT'S A COURT CAN TAKE AWAY THE POWERS OF YOUR AGENT IF IT FINDS YOUR AGENT IS NOT ACTING PROPERLY. THE POWERS AND DUTIES OF AN AGENT UNDER A POWER OF ATTORNEY ARE EXPLAINED MORE FULLY IN 20 PA.C.S.CH.56. IF THESE IS ANYTHING ABOUT THIS FORM THAT YOU DO NOT UNDERSTAND, YOU SHOULD ASK A LAWYER OF YOUR OWN CHOOSING TO EXPLAIN IT TO YOU. I HAVE READ OR HAD EXPLAINED TO ME THIS NOTICE AND I UNDERSTAND ITS CONTENTS. O J ~-s~~~G~-rte LILLIAN R. GINANNI ACKNOWLEDGEMENT I, LESTER W. GINANNI, JR., have read the attached power of attorney and am the person identified as the Agent for the Principal, Lillian R. Ginanni. I hereby acknowledge that in the absence of a specific provision to the contrary in the power of attorney or in 20 PA.C.S. when I act as Agent: Principal. assets. I shall exercise the powers for the benefit of the I shall keep the assets of the Principal separate from my I shall exercise reasonable caution and prudence. I shall keep a full and accurate record of all actions, receipts and disbursements on behalf of the principal. ~i r `~ ~ STER W. GINANNI, R. Da e 2 DURABLE POWER OF ATTORNEY I, LILLIAN R. GINANNI, of Mechanicsburg, Cumberland County, Pennsylvania, hereby appoint my son, LESTER W. GINANNI, JR., as my attorney-in-fact, hereinafter referred to as "my attorney." I intend that my attorney may act on my behalf and all third parties may rely upon his act, and as my attorney he may transact all my business for me, and in my name and stead, manage all my property and affairs as completely as I myself might do if personally present, including but not limited to, exercising the following powers: 1. Execution of Contracts. To enter into, perform, modify, extend, cancel, compromise, enforce, or otherwise act with respect to any contract of any sort whatsoever - including but not limited to, leases and mortgages - and to pay any money or to transfer title and possession to any real or personal property that may be required to be paid or transferred by any contract or in the performance of any obligation entered into or incurred by me or on my behalf. 2. Investments. To invest in all forms of real and personal property, without any restriction whatsoever as to the kind of investment, including but not limited to, United States Treasury Bonds which are redeemable at par in payment of federal estate taxes. 3. Registration of Property. To hold property unregistered or in the name of a nominee. My attorney may also determine and designate which of us, if not both, shall be regarded 3 as the owner of an item of real, personal, tangible, or intangible property, regardless of prior title or nature of property. 4. Personal Property. To buy or sell at public or private sale for cash or credit or partly for each, exchange, pledge, lease, give or acquire options for sales or exchanges or leases, or•by any other means whatsoever to acquire, dispose of, repair, alter or manage tangible or intangible personal property or any interest therein; and, without limitation, with respect to any securities, to comply with any securities laws or regulations, to execute indemnity agreements, to purchase insurance and to pay commissions or discounts required by any underwriting. 5. Real Property. To buy or sell at public or private sale for cash or credit or partly for each, exchange, mortgage, encumber, lease for any period of time, give or acquire options for sales, purchases, exchanges or leases, dedicate, or by any other means whatsoever to acquire or convey real property or any interest therein; to partition and subdivide real property; to manage real property; to list real property for sale with a real estate broker, including entireties property; to repair, alter, erect, or tear down any structure or part thereof; and to file such plans, applications, or other documents in connection therewith and do such other acts as may be requested by any government or other authority having or 4 purporting to have jurisdiction. The foregoing power shall apply to the conveyance of my interest in the following improved real estate: 1513 High Meadow Lane, Mechanicsburg, Pennsylvania. 6. Securities. To vote in person or by proxy at any meeting, to join in any merger, reorganization, voting-trust. plan or other concerted action of security holders, to make payments in connection therewith, and in general to exercise all rights of a security holder. 7. Insurance. To procure, alter, or extend insurance against any and all risks affecting property and persons, and against liability, damage or claim of any sort; and to exercise any non- forfeiture provisions of Life insurance policies. 8. Loans. To borrow money in such amounts for such periods and upon such terms as my attorney shall deem proper and to secure any loan by the mortgage or pledge of any property, and I specifically authorize my attorney to borrow money and to pledge property as collateral for the purpose of purchasing United States Treasury Bonds which are redeemable at par in payment of federal estate taxes. 9. Bank Accounts. To sign checks, drafts and other instruments or otherwise make withdrawals from any checking, savings, transaction or other deposit account in my name, and to endorse 5 checks payable to me and receive the proceeds thereof in cash or otherwise; to open and close checking, savings, transaction or other deposit accounts in my name; to purchase and redeem savings certificates, certificates of deposit or similar instruments in my name; to execute and deliver receipts for any funds withdrawn or certificates redeemed; and to do all acts regarding any checking account, savings account, savings certificate, certificate of deposit or similar instrument which I now have or may hereafter acquire, the same as I could do if personally present. Any financial institution may continue to rely on this power of attorney until it receives written notice from me that this power of attorney is revoked or actual notice of my death and shall be indemnified and held harmless by me and my estate, personal representatives and heirs against any liability or loss, including lawyers' fees, costs of suit and claims of third parties, which it might incur by relying on this power after termination or revocation but before it receives such notice, or at any time because of wrongful acts, omissions or representations of my attorney with respect to transactions covered by this power of attorney. My attorney shall be subject to all bank rules and regulations to which I would be subject. 10. Safe Deposit Boxes. To have access to and control over the contents of any safe deposit box rented by me; to rent safe 6 deposit boxes in my name; to close out and execute and deliver receipts for safe deposit boxes in my name; and to do all acts regarding any safe deposit box which I now have or may hereafter acquire, the same as I could do if personally present; provided that my attorney shall not deposit or keep in any such safe deposit box any property in which my attorney has a personal interest. Any financial institution may continue to rely on this power of attorney until it receives written notice from me that this power of attorney is revoked or actual notice of my death and shall be indemnified and held harmless by me and my estate, personal representatives and heirs against any liability or loss, including lawyers fees, costs of suit and claims of third parties, which it might incur by relying on this power after termination or revocation but before it receives such notice, or at any time because of wrongful acts, omissions or representations of my attorney with respect to transactions covered by this power of attorney. My attorney shall be subject to all bank rules and regulations to which I would be subject. 11. Receipts and Approval of Claims. To receive a payment of any kind, including a bequest, devise, gift or other transfer of real or personal property to me in my own right or as a fiduciary for another, and to give full receipt and acquittance therefor, or a refunding bond therefor, to approve accounts of any business, estate, trust, partnership or other transaction whatsoever in which I may 7 have any interest of any nature whatsoever, and to enter into any compromise and release in regard thereto. 12. Compromise and Arbitration of Claims. To compromise or arbitrate any claim in which I may be in any manner interested, and for that purpose to enter into agreements to compromise or arbitrate, and either through counsel or otherwise to carry on such compromise or arbitration and perform or enforce any award entered in arbitration. 13. Institution and Defense of Claims. To institute, prosecute, defend, compromise, or otherwise dispose of, and to appear for me in, any proceedings at law or in equity or otherwise before any tribunal for the enforcement or for the defense of any claim, either alone or in conjunction with other persons, relating to me or to any property of mine or any other person, and to retain, discharge and substitute counsel and authorize appearance of such counsel to be entered for me in any such action or proceeding. 14. Taxes. To prepare, execute and file in my name and on my behalf any return, report, protest, application for correction of assessed valuation of real or other property, appeal, brief, claim for refund, or petition, including petition to the United States Tax Court, in connection with any tax imposed or purported to be imposed by any government, authority or agency, or claimed, levied or assessed by any government, authority or agency and to pay any such 8 tax and to obtain any extension of time for any of the foregoing; to execute waivers of restrictions on the assessment and collection of deficiency in any tax; to execute closing agreements and all other documents, instruments and papers relating to any tax liability of mine of any sort; to institute and carry on either through counsel or otherwise any proceeding in connection with contesting any such tax or to recover any tax paid, or to resist any claim for additional tax or any proposed assessment or levy thereof, and to enter into any agreements or stipulations for compromise or other adjustment or disposition of any tax. The foregoing power shall apply to any tax, claim, or assessment, whether joint or individual. 15. Disclaimer. To execute, deliver and file of record disclaimers of any part or all of any property, power or interest passing to or for me under any will, deed of trust or otherwise. 16. Creation of Trust. To create a revocable trust for my benefit under the terms of which (i) my attorney or other person(s) or corporation(s) with fiduciary powers selected by my attorney is named as the trustee or trustees, (ii) during my lifetime the entire net income and as much of the principal as I or my attorney directs or my trustee thinks desirable shall be paid to me or as I or my attorney directs, and (iii) upon my death the principal and any undistributed income shall be payable to the executor or 9 administrator of my estate, and to transfer property to the trustee or trustees thereunder. 17. Power Over Medical Care, Treatment and Surgery. To make all decisions with regard to my future medical care and treatment and consent to any and. all such procedures, including but not limited to any medical procedure, care or treatment which my doctors recommend or deem necessary. Also, to authorize my admission to medical, nursing, residential or similar facility and to enter into agreements for my care. This Power shall also include the Power to sign any release farms necessary to carry out such medical care and treatment by my doctors and any hospital to which I have been admitted as a patient. 18. Gifts. To make gifts to my children and grandchildren, such gifts not to exceed Ten Thousand ($10,000) Dollars per person per year and be equal in amounts relative to the class of the person benefiting. 19. Employment of Others. To employ accountants, attorneys-at-law, investment counsel, real estate brokers, auctioneers, custodians, agents, servants, and others, to delegate to them, to remove them, to appoint others in their places, and to pay them such remuneration as my attorney shall deem proper. 20. Execution of Documents. To execute, deliver, file for record, cancel, modify, endorse, acquire or dispose of any 10 instrument, including but not limited to, stock and bond powers, vehicle registrations, financing statements and related filing documents, reports of any sort to any government, authority or agency, as required or permitted by law, deeds with or without covenants or warranties, and any other document appropriate •f or carrying out any of the foregoing powers. 21. General. To do all things which my attorney shall deem proper in order to carry out any of the foregoing enumerated powers, which shall be construed in the broadest possible manner. The descriptive headings of this general power of attorney are inserted for convenience only and shall not be deemed to affect the meaning or construction of any of the provisions hereof or to limit in any way the construction thereof in the broadest possible manner. 22. Substitution. My attorney shall have full power of substitution and revocation, and such substitution or revocation may relate to, or be limited to, any one or more or all of the foregoing acts or powers, or be limited as to time or in such respect as my attorney shall deem proper. 23. Ratification. I hereby ratify and confirm all that my attorney or the substitute or substitutes therefor shall lawfully do or cause to be done by virtue hereof. 11 24. Effect of My Disability. This power of attorney shall not be affected by any mental or physical disability, infirmity or incompetency and shall survive same. 25. Governing Law. This power of attorney shall be governed by and interpreted in accordance with the law of the Commonwealth of Pennsylvania. Executed this _ day of ~~ (~ ~~'~~ °~ ,j 2003 . Wit ss ,A /~ ,~/ ~ ox~i ( SEAL ) L LLIAN R. GINANNI 12 COMMONWEALTH OF PENNSYLVANIA ss. COUNTY OF DAUPHIN On this, the ,j~' day of ~fli;tc,~_~~-~- 2003, before me, the undersigned officer, personally appeared LILLIAN R. GINANNI, known to me (or satisfactorily proven) to be the person whose name is subscribed to the foregoing instrument, and acknowledged that she executed it for the purposes therein contained. WITNESS my hand and official seal the day and year aforesaid. n I~btary Public _. ._ _, ...._ ,, t , G i.;i ~~ s j rn,~. iot :, .. 3 ~1 ~ v~ ' } tJtai~ a f ~ rl~--l;E.SS ~ ~ ~ .p ~ ~ { J ~ ., r ~`f- _. 13 v Fox Rothschild LLP ATTORNEYS AT LAW 1250 South Broad Street, Suite 1000 P.O. Box 431 Lansdale, PA 19446-0431 Tel 215.699.6000 Fax 215.699.0231 www.foxrothschi Id.com Michael J. Maransky Direct Dial: (215) 661-9421 Email Address: mmaransky~dlfoxrothschild.com File No. 27709-00001 December 27, 2007 John W. Purcell, Esquire Purcell Krug ~ Haller 1719 North Front Street Harrisburg, PA 17102-2392 Re: Estate of Mary T. Ginanni Dear John: I have enclosed a check made payable to the Estate of Lester W. Ginanni in the amount of $18,837.12. This check represents final distribution with respect to the Estate of Mary T. Ginanni. Please note that the estate's final tax year will end on December 31, 2007 and I anticipate having final tax returns filed during the month of January. If you have any questions concerning this check or the administration of the estate, please call me. Thank you for your cooperation in this matter and I wish you the best in the New Year. Very truly yours, Michael J. Maransky MJMagv Enclosure cc: Mrs. Marie Constable LN 1537692v1 12J27/07 A Pennsylvania Limited Liability Partnership California Delaware Florida Nevada New Jersey New York Pennsylvania ,~ -, ~,~ r JJ ~; ~~ ~I~i,~ ~rt~Ert#u~~e ~ A MADE THIS f ~ _ day of - !'`~~~'~~'-'~~L.~ , 2007, by and betaveen LESTER W. GINANNI, by his Attorney-in Fact, LESTER W. GINANNI, JR. pursuant to Power of Attorney dated August 13, 2003, recorded in the Office of the Recorder of Deeds of Montgomery County on June 24, 2005 in POA Book 00221-0291, Grantor A N D LILLIAN R. GINANNI, Grantee, WITNESSETH: That said Grantor, for and in consideration of the sum of One Dollar ($1.00), lawful money of the United States of America, well and truly paid by the said Grantee to the Grantor, at and before the sealing and delivery of these presents, the receipt whereof is hereby acknowledged, has granted, bargained, sold, alien, enfeof f, released, conveyed and confirmed unto the said Grantee, her heirs and assigns. ALL THAT CERTAIN messuage and lot of land, situate in the Borough of Norristown, County of Montgomery and State of Pennsylvania, bounded and described as follows: BEGINNING at a point on the Northeast side of Sterigere Street at a distance of 229.26 feet Northwesterly from the Northwest side of Astor Street, a corner of this and property now or late of Joseph Sandler, said point of beginning being 103.36 feet Northwesterly from the North Corner of Sterigere Street and a 20 foot wide alley; thence Northeasterly the line passing through the middle of the partition wall between this and other property of Joseph Sandler, 84.67 feet to the Southwest side of a 16 foot wide alley, which alley is laid out and dedicated for the use of the properties abutting thereon forever; thence along said side of said alley Northwesterly 13.97 feet to other property now or late of Joseph Sandler; thence Southwesterlythe line passing through the middle of the partition wall between this and other property of Joseph Sandler, 84.67 feet to the Northwest side of Sterigere Street aforesaid; thence along said side of Sterigere Street Southeasterly 13.97 feet to the place of BEGINNING. BEING the same premises which Marie B. Constable, Executrix of the Estate of Mary T. Ginanni, Deceased, by her Deed dated February 13, 2007, and recorded March 5, 2007, in Deed Book 5637, Page 02145, in the Recorder of Deeds Office of Montgomery County, granted and conveyed unto Lester W. Ginanni, the Grantor herein. ~~o~ ~ ~ ~~~r c ~ ~ ~ ~ . ~,-..~.~:,~~ ~-~ - 2 2007 c ~~ ~. ~ r.~ ,, i THIS IS A TAX EXEMPT TRANSFER BETWEEN HUSBAND AND WIFE. TOGETHER with all and singular the tenements, hereditament and appurtenances to the same belonging, or in anywise appertaining, and the revision and reversions, remainder and remainders, rents, issues and profits thereof AND ALSO all the estate, right, title, interest, property, claim and demand whatsoever, both in law and equity, Grantor, of, in, to or out of the said premises, and every part and parcel thereof. TO HAVE AND TO HOLD the said premises, with all and singular the appurtenances, unto the said Grantee, heir heirs and assigns, to and for the only proper use and behoof of said Grantee, her Heirs and assigns forever. AND the Grantor covenants that, except as may be herein set forth, she does and will forever specially warrant and defend the lands and premises, hereditaments and appurtenances hereby conveyed, against the Grantor and all other persons lawfully claiming the same. IN WITNESS WHEREOF, the Grantor has hereunto set his hand and seal, the day and year first written above. SIGNED, SEALED AND DELIVERED IN THE PRESENCE OF WITNESS: J~~ ~~~~-``~~A ~ .~-~ /~ Lester W. Ginanni ~ By his Attorney-in-Fact Lester W. Ginanni, Jr. COMMISSIONERS REGISTRY MONTGOMERY COUNTY 13-00-358$0-00-8 NORRISTOWN $5.00 ~~ W STERIGERE & LESTER W AN GINANNU 01201AN R 01 DATE.. Oq~0y2007 g 090 STATE OF PENNSYLVANIA COUNTY OF DAUPHIN On this, the ~ day of ~L~~~/~ ss: 2007, before me, the undersigned officer, personally appeared Lester W. Ginanni, Jr., Attorney-in-Fact for Lester W. Ginanni, known to me (or satisfactorily proven) to be the person whose name subscribed to the within instrument, and acknowledged that he executed the same for the purposes therein contained. IN WITNESS WHEREOF, I have hereunto set my hand and official seal. Notary lic My ciorrirmSSiQ1S~r~ ~r.~ s ~ f..Jt- r c, :Cv ';'``.~f, ;`'- (SEAL) Naarial Sc-ai , y Argala 5. Sharer, Nciary Putlic Ci*q G. F{ar^s5urg, Dat~phi~~ Coun+y {~!y ^cr.-;t ~ :z~v,~,~ Expi: ~s .;~~. 'i 2, 208 CERTIFICATE OF RESIDENCE _`-~~-`' °;;; -_:~ ~;.;-_ ,° ~~~~' ~,: ~,~ ~fi iJotaries I, hereby certify that the precise residence of the Grantee herein is as follows C/O Purcell Krug & Haller, 1719 N. Fron isburg, PA 17102 ~~ - - Attorne ent for Grantee COMMONWEALTH OF PENNSYLVANIA COUNTY OF MONTGOMERY ss: RECORDED in the Office for the Recording of Deeds, etc. in and for said County, in Record Book Page WITNESS my hand and official seal this day of , 2007. Recorder of Deeds 03x09-Ui FRI 16:33 FAl 213 699 G231 F• R• ~• & F• .~, ., .. , ~ nc~wu~cx y u~c ura~ r SLi1[ Taz 1'a!O p=rty ntTL'+~q REA1~T'`~ TRANSIFER TAX ~ w~~~r - CT'NU.tONWf.II OFJETRts)'tTiINIA S~-ATEMEENT O~ VALUE p,~HUrt+cer DtJ,!~R~~1 Q!` tEKEHU~ a~uyrAY f ~ wt' Tii%rL yErtN~ , w~. a.3oxoea •N1kalS~WG,ra. n~eaem See Reverse Tor Insttvct:ions Complett each set~;on and Tile In duplicate wt1t+ Recorder of Deeds when (1) the Lull value/consideratbn is not set forth in the deed. (2) when the deed Is without oonslderation, Or by glrt, or (3) a mx exmmption Is claimed. A Statomont of Value is not reQuired K the trnnsfer Is vfiolty exempt [ram tax based on: ~1) family relationship or (2) publ'~c utility easement. If more space is needed. attach additional sheets(e}. A. CORRESPONDENT - A!I il,quirles may be directed to the following person: Name TdyWwna NurtDCr. Michael J. Maransky, Esquire, Fox Rothschild LLp Aroa eves r 21.5!699-6000 )_ Street noaresc Gy ya!e Zip Cme 1250 S. Broad Street, P.O. Box 431, Lansdale, PA 19446 B. TRANSFER DATA ~~~w~«ooa,mant ornnuor[SYtnsat:)Merie B. Constable, Executrix o.f the ~`H"`e1°t=n~ata- Lester'W. Ginalu)i Estate of Mary T. Ginanni, Deceased SWetAeCrtss c/o Fox Rothschild LLP s~yetnaaress 1513 Whitehall Road 1250 S. Broad St., P.O. $ox 43I cy Lansdale sate PA zn caae 19446 ctY Mechanicsburg scale PA IJp ~ 17055-6769 C. PROPERTY LOCATION stroetnden~ 431 W. Sterigere Street ~ Borough of Norristown Norristown 13-00-35880-00-8 D. VALUATION DATA ,. Ac4ud cash eonnd'reaon 2. Ultier Gonstderaaon a. Tafal Gon9<CeraGOn $1.00 t -0- _ $1.00 a, County AU6erc7e0 vary 6. GOrmion Lb~AI lZtlb feCOr E. Lylr M.ifkel Value $64,830.00 x 1.87 = $121,232.10 E. l=XEMPTION DATA ta. Amount of 6ce~gtlon arrm,+a 1b. Peroentavy d fntlrost ConveYm 100% 100% 2. Chock Appropriate t3ox Bolow fnr F.xemptlon Claimed wm or Intestate succes ,ion Marv T Ginanni 46-2006-3263 {EsUte Fne Nun~Aec) ^ Transfer to IndusLial Development Agency, ^ Transfer to a bust. (Attacft axnpfete copy of trust a6mement identifylnp all benefidaties.). ^ Transfer between prindpal and agent. (Altadt complete copy of agencylstraw party agreciment.) ^ Transfers to the Commonwealth, the United States and InsfrvmenFalities by gIR, dedlcatton, condemnation or In lieu of condemnatlon. (If condemnation or in lieu of condemnation, attach mpy of resolution) ^ Transfer from mortgagor to a holder of a morigogo In dofault Mort®age Book Number .Pace Number ^ Corrective or ccrnermatory deed. (AtfFich complete copy of the prior deed being oorrectsd or confirmed.) ^ 5latutory oorpocatB oortsottdatlon, merger or division. (Attach tx~py of artldes J ^ Other (Please explain euemption dalmed, ff other than Ilsted above.) under panattJea of law, l deClaro ItTat t have ezamin00 thl9 Statarmm~t, Including accompanylnp informatlon, and to Lho bust of my knorvledgo and berlef. tt is true. correct and canplete. 5-gnature or ctxresponaonT or xesponxrow Tarty - LNl 257063v1 03.09%U; FRI 16:32 FAQ 215 699 0231 F. R. U. & r'. Prepared by: Michael ,I.1Vlaransly, Esquire Return to: Fox Rothschild LLP 1250 S. Broad Street Lansdale, PA 19446 215/699-6000 Parcel No. 13-00-35880-00-8 Ys indenture >~n~de the (?i day of ~~Kk~4~ y in the year of our Lord two thousand seven (2007). BetweeII MA RIE B. CONSTABLE, Executrix of the ESTATE OF MARY T. GINANNI, DECEASED, party of the one part (herein "Grantor") and LESTER V~~. GINANNI, party of the other part (herein "Grantee"). Witnesseth, That the said Grantor for and inconsideration of the sum of ONE DOLLAR ($1.00) lawful money of the United St<zte of America, unto her well and truly paid by the said Grantee at and before the sealing and delivery of these presents, the receipt whereof is hereby acknowledged, has granted, bargained, sold, aliened, released and confirmed, and by these presents does grant, bargain, sell, alien, rele.3se and confirm unto the said Grantee, his Heirs and Assigns, in fee, an undivided one-half interest in: ALL THAT CERTAIN messuage and lot of land, situate ir_ the Borough of Norristown, County of Montgomery and State of Pennsylvan~.a, bo~lnded and described as follows: BEGINNING at a point on the Northeast side of Sterigere Street, at a distance of 229.26 feet Northwesterly from the Northwest side of Astor Street, a comer of this and property now or late of Joseph Sandler, said point of beginning being 103.36 feet Northwesterly from the North Corner of Sterigere Street and a 20 foot wide alley; thence Northeasterly the line passing through the middle of the partition wall between tlus and other property of Joseph Sandler, 84.67 feet to the Southwest side of a 16 foot wide alley, which alley is laid out and dedicated for the use of the properties abutting thereon forever; thence along said side of said alley Northwesterly 13.97 feet to other property now or late of Joseph Sandler; thence Southwesterly the line passing through Page 1 of 4 LN 1 257(?44v1 O II29/07 03: u9:'Ui FRI 16:32 FaS 215 699 0231 F. R. u. ~ r'. the middle of the partition wall between tlis and other property of Joseph Sandler, 84.67 feet to the Northwest side of Sterigere Street aforesaid; thence along said side of Sterigere Street Southeasterly 13.97 feet to the place of BEGINNING. BEING the same premises which Arthur Ginarmi, by Deed dated August 16, 1990, and recorded in the Office for the Recording of Duds in and for the County of Montgomery in Deed Book 4955, page 2331, granted and con-reyed his undivided one-third interest to Lester W. Ginaruli and Mary T. Ginanni, as joint tenants with the right of survivorship, and not as tenants in common. The said Mary T. Ginanni died on or about October 4, 2006, leaving a last will and testament dated September 26, 2006, whereupon Let':ers Testamentary were granted on October 16, 2006, to Marie B. Constable by the Register of Wills of Montgomery County as of Will No. 46-2006- 3263. Together with all and singular the buildings, improvements, ways, streets, alleys, passages, waters, ~,vater-courses, right,, liberkies, privileges, hereditanlents and appurtenances whatsoever thereunto belonging, or in any wise appertaining, and the reversions and remainders, rents, issues and profits thereof, and all the estate, right, title, interest, use, trust, property, possession, claim and demand whatsoever of the said Mary T. Ginanni at and immediately before the time of her decease, in law, equity, or otherwise howsoever, of, in, and to the same and every part thereof. To have and to hold the said buildings and improvements, hereditaments and premises hereby granted, or mentioned and intended so to be, with the appurtenances, unto the said Grantee, his Heirs and Assigns, to and far the only proper use and behoof of the said Grantee, his Heirs and Assigns forever. And the said Grantor dOeS by these presents covenant, grant and agree to and with the said Grantee, his Heirs and Assigns, that she, the said Grantor, has not done, committed, or knowingly or willingly suffered to be Clone or committed, any act, matter or thing whatsoever whereby the Premises hereby granted or any part thereof, is, are, shall or may be impeached, chazged or encumbered, in title, charge, estate, or otherwise howsoever. ~., „., ~. Page 2 of 4 LN 1 2570d4v 1 01/29/07 (1:l- Uy%U! Yt(1 to: ~o r3.i Rio ~aa .~~.,~ ••. •, .- . . In Witness Whereof, the said Grantor has hereunto set her hand and seal the day and year first above written. Sealed and drlivrrod } ESTATE OF MARY T. GINANNI, DECEASED IN T}iE PRESENCE OF US: } } c~~~ } -bfARIE B. CONSTABLE, xecutrix Page 3 of 4 LN1 257044v1 0129!07 UJ~lly; u~ rni 1VJJ any ~a.a .. .~.~ .. ~..+ - -•- -- - COMMONWEALTH OF PENNSYLVANIA: ss COUNTY OF MONTGOMERY i~ 17 On the ~~ day of-~, A_D. 2007, before me, a Notary Public in and for the Commonwealth of Pennsyl 'a, personally appeared the above-named MARS B. CONSTABLE, Executrix of the ESTATE OF MARY T. GINANNI, DECEASED, and in due form of law acknowledged the above )i•ndenture to be her act and deed, and desired the same might be recorded as such, WTI'NESS my hand and notarial seal the da~ld year afor s 'd ~ 1 ~~ N ublic The residence of the within-named Grantee is NOTAI2TAL. SFAJ_ Anita Drums. Nay Public City ofPhiladclphia,Philadclphia County IS13 Hi h Meadows Lane, Mechanicsburg, Ptf 1 7055-6 769 MycaaimissionezpiRS t~ovanbcr l3, 20Q6 On behalf of said Grantee DEED MARIE B. CONSTABLE, Executrix of the ESTATE OF MARY T. GINANNI, DECEASED TO LESTER W. GINANNI PREMISES: 431 W. Sterigere Street, Borough of Norristown, County of Montgomery and State ofPennsylvania FOX ROTHSCH7LD LLP 1250 South Broad Street, Suite 1000 Lansdale, PA 19446-0431 (215) 699-6000 Page 4 of 4 LNl 257044v 1 01/29/07 Alvaq 7F1~•N I a„nc ,az yaw _ I` RE/4LT'~'i'RQNS~ERTAX t,o~N~,,,,~,~. Cbr<UtOHWFJii~ tSFJEriNi7tYANIA STATEIMENT O~ VALUE Paso Flvrtrer oer.Atlr~re t1!!tt(~tfUE iV7t[AY J<TT{j ~~7(~~7(Q11¢00~S~y~J1~i iiY6 •Hiktls~WG~PA.I7r71LL6BT See aeVetS@ fOC tnStCUCt10tTS WdeReaxoee Complete each section and Til9 In duplicate xA1h Rernrder of Deeds whon (1) the full valuelconsideratbn is not set foM in the deed, (2) when the deed Is without consrderation, or by glf~ or (3) a taz exemption Is claimed. A Statnmont of Value is not reQuired X the vansfer Is vfiolly exempt from taz based on: i1) family relationship or (Z) public utility easement Kmore space is needed attrrh additional sheets(e) A. CORRESPONbENT -All inquiries may be directed to the following person: ~~ Tdxohone NUmCOr. _ Michael J. Maransky, Esquire, Fox Rothschild LLP ,~ ease f 215/699-6000 ) Streot /7aaresc G7y s'+a!e 2tp core 1250 S. Broad Street, P.O. Box 43I, Lansdale, PA 19446 B, TRANSFER DATA `k"°"""~"`°"0oa"'~"r oran7utsyrrssoc{:l Marie B. Constable, Executrix o.f the Estate of Mary T. Ginaruu, Deceased. cran`eetsvl.~ss~eeeB' Lester W. Ginanni ' SUHe7Adan:st C/o Fox Rothschild LLP 1250 S. Broad St.,1'.O. Box 43I stxetnd°'~ 1513 Whitehall Road ay Lansdale st,t. PA ~m code 19446 cttylvlechanicsburg sce7e PA ZJp txon 17055-6769 C. PROPERTY LOCATION st77>dtnedr~ 431 W. Sterigere Street - ~ Borough of Norristown Montgomery ~ Norristown , 13-00-35880-00-8 __ D. VALUATION DATA 7. Acted Cash Considnrnaon 2. Utter Goctst6et30on J. Total Cmslaer°tion $1.00 t -0- _ $1.00 ~. Couny AS7BM.DO VAlup 6, Gtmnon t-0vN l~71b rerJOr 6. Frlr M.iAoet value $64,830.00 x 1.87 = $121,232.10 E. EXEMPTION DATA te. aa7our7t of E.enp0a7 amnia tb. Per7xnlno77 or Intrml conveyor looi 100% 2. Check Appropriate 8az Bolow for Exemption Claimed win ar intestate sutxes,lon Marv T. Ginanni 46-2406-3263 (dame at Dea°drnq (Eemte file Number) ^ Transfer to IndusMal Devetopment,4®@ncy. ^ Transfer to a trust. {Attach complete copy of trust agreement identifying all benefidarias.). ^ Transfer between prindpal and agent. (Attach complete copy of agenrylstraw p8riy agreement) ^ Transfers to the Commonwealth, the United States and Instrumentalities by gift, dedication, condemnation or In lieu of condemnation. (If condemnation tx in Ilou of condemnation, attach Dopy of resolution) ^ Transfer from mortgagor to a holder of a morlgago in default Mortgage Book Number ,Pace Number ^ l:,o-rectlve or conflrmatnry deed, (Attach complete copy of Cie prior deed being WrreGfAd or confirmed.) ^ Statutory oorptxata consot-datlon, mergor or division. (Attach copy of artJdes.) ^ Other (Please explain exemption dalmed, if other than ILsted above.) Undor ponalflea of taw, t declatro that t have examinaG this Stxtament, Includlny accompanylnp Inftxttntlon, and to rho best of my knvwledyo and belief, k Is true correct and Dom tale. 519nature of Ctxrespondont or Rosrwnslblo Party Date , 2.-.1~1.0~- LNl 25')0631 0 ~rtinu:=i+~.t Ct31~ltOPiWE~l;1H OFJEIINSYWI~NIA b~rtttr>i t1i tit ~tYE)NR wwv olclawt iAxu DCrt.2006os iutaws-uia rA rnza-0eog' REALTY TRANSFER TAX STATEMENT OF VALUE See Reverse for Instructions Complete each r:octlon and file In duplicate with Recordor of Deeds when (1) the full valuelconsideraUon iL not set forth in Iho dood, (2) wfian the deed is without consideration, or by gift, o< (3) a taz exemption is datm°d, A Statement of Value i6 not rectuired tf the transfer is whWly exempt from tax based on: 11) tamly relatlonship or (2) Public utility easement If more spares is needed, attach additional shea4s(s). A. OORRESPONDENT -All inquiries may be directed to file following person: Name 7e190hMe NUeroOr. Michael J Mazansky, Esquire, Fox Rothschild LLP Area c.~de t 215/699-6000 1 s+rvat Address Glry Slate 2~0 ti04e 1250 S_ Broad Street, P.O. Box 431, Lansdale, PA 19446 B. TRANSFER DATA bolo of pru~ptsne~ of Doa~melnl c,~"lo,f:>tiea~c61 Mane B_ Constable, Executrix of the- ~'~"'e<t~)~~ee(5) Lester W. Ginanni Estate of Mary T. Ginanni, Deceased 5lroet Address c/o Fox Rothschild LLP S"~°~ A°°"-~ 1513 Whitehall Road 1250 S. Broad St., P.O. Box 431 tats Lansdale st~l~ PA zpc~de 19446 clryMechanicsburg s~9te PA bpCoee 17055-6769 C. PROPERTY LOCATION SkeatAddrosa 431 W. Sterigere Street ~ Borough o~Noxristowll county Norristown 13-00-35880-00-8 D. VALUATION DATA s. naum sn Conslaereuon $1.00 z. ou+cr Cor'deracon + -0- 3, ToW Wnsldomtlon _ $1.00 6. (:ouryy Asnsised value $64,830.00 5. C.onvnon lewd Ratio Fecwr x 1.87 6, fete wVSncat value = $121,232.10 E. EXEMPTION DATA ta. ARIXinI d ElentpUOn Qaimed 100% 10, Paanti0e at Imerest Conveyed 100°l0 2. Check Appropriate Box Below for Exemption Claimod WIII or intestate succession M r T. Ginanni 46-200b-3263 (t~rne of Oacadentt (F.st+lo Fun Nurf~er) ^ Transfer to Industr)a! pevefopment Agency. ^ Transfer to a trust. (Attach complete spy of trust agreement ldentl}ying all beneficiartos.). ^ Transfer between principal and agent, (Attach oonptete topy of agancylstraw party agreement.) ^ Transfers to the C.atnmonwealth, the United States and Instrumentalities by g1ft, dedigtion, condemnation or In Ileu of conddrrtnation. (If condemnation or in Ileu of condemnation, attach copy of resolution) ^ Transfer from mortgagor to a holder of a mortgage in default Mortgage Book Number ,Page Number ^ Gonect)ve or confirmatory deed. {Attach t:amptete copy of the prtor deed being corrected or eonfinned.y ^ Statutory corpo-ate consolldatlon, merger or division. (Attach copy of amides.) ^ Other (Please explain exemption claimed, iFOtherthan listed above.) Undar ponatttea oT law,1 dadnrp mat 1 have Axamined this Stalcmont, including accompanying lnfotmaUon, and to the berst of my knowtedgo and bolbf, k is true ttxrnct and ctxn btp. Data Slg fur of ore•xportdent or Responalb{° Party ~ ~ „ ~f LN' 1 25 7063 v 1 01 /29107 - .. _ ... ... ~ ., .., ... ~ ~ ., ., ..., ., ..., i r . n . v . a r . lQ G 0 9 ~. MONTGOMERY COUNTY RECORDER OE DEEDS OFFICE ~ Nancy J Becker. Recorder of Deeds _ ~ Office (610) 278-3289 _ CUSTOMi=R RECEIPT Receipt #: 0797764 Transaction #: 50760 Printed: 03/05/2007 12:17:08 PM Operator ID: tbutler Submitter Name: FOX ROTHCHILD LLP Payment Comment: Charges DEED BK 5637 PG 02145 #2007027945 Recorded: 03/0512007 03:18:07 PM # of Pages: 4 # of Names: 3 # of Parcels: 1 Recording Fee:Deed $86.50 Affidavit Fee $1.50 SUETOTAI_ $48.00 Total Charges for Document(s): $48.00 Payment Check 6543 $48.00 Totals Total Amount Due: $48.00 Total Amount Paid: $48.00 Refund (): $0.00 Nancy J. Becker Montgomery County Recorder of Deeds Integrity 8 A N N INTEGRITY BANK i CAMP H/LL BRANCH, 3345 Market Street, Cam Hill, PA 17011 , TIME CERTIFICATE OF DEPOSIT C NONTRANSFERABLE AND NONNEGOTIABLE Account Title Account Type Taxpayer 1D Number ` LESTER W GINANNI r ;~P'm', 6 - 11 MONTH IRA 191-14-7334 r Payable On Death Benefrciary(ies) ~ LILLIAN R GINANNI w ,_ Account Number Amount Date of Issue Maturity Date Term 0000000000091301 $ 90,147.98 August 31, 2006 February 28, 2007 6 Months /Automatic Renewal ~~ Interest Rate Per Annum Interest Payment Frequency 4.41 % with an annual percentage yield of 4.50 %. a Monthly - ~,~ Interest Payment Disposition tv Interest will be capitalized to this ~ certificate. ~ ~~ TIME CERTIFICATE OF DEPOSIT ~ .~ ~''~ Agreement. This Time Certificate of Deposit is a part of, and governed by, our Time Deposit Agreement. Among other things, this means ~~ that all terms defined in that agreement have the same meanings here. You have received a copy of that agreement, the Truth in Savings ;^~-+ ~t disclosures (if applicable), and the fee schedule. You have read them and agree to them. Early Withdr wal Penalty. We do not have to permit early-withdrawals from the account. On each one we do permit, we can charge a ~ P penalty calculated as follows: If the term is under 30 days interest will be waived if the accout is clo sed before maturity. If the term is t between 30 days and under one year a penalty of one month interest will be assessed. If the term is one year and over, a penalty of three b~~ `00 monts interest will be assessed. If there is enough accrued interest to cover the penalty, we deduct the penalty from it. If not, we deduct the ~ ~ remainder of the penalty from principal. If the account is a variable rate account, we will calculate the penalty using the interest rate being applied at the time of withdrawal. If the account is an Individual Retirement Account, the early withdrawal penalty will be in addition to any ~ penalty imposed under the Individual Retirement Account (IRA) Disclosure Statement. The minimum early withdrawal penalty is seven days' , ~`Y ~ simple interest on any amount withdrawn (a) within the first. six days after the account is opened, or (b) within six days after a previous early ~ . withdrawal. - >/ Nontransferable. This Time Certificate of Deposit is nonnegotiable and nontransferable. All purported holders or assignees of it agree that ~~":~ our right of setoff will have priority over any of their claims.. ~a ~.~ INTEGRITY BANK ~ ~ ~ ~ l - ©~. By g ~t C~ . .m ~~ - Date a ~v ~~ ~~ TIME CERTIFICATE OF DEPOSIT D0001100 / 20061440 Printed 9/8/2006 5:22 PM NONTRANSFERABLE AND NONNEGOTIABLE ®20D6 Kirchman Corporation ~ LESTER WGINANNI / OODOOOD000091301 .. h ~ _ _ Integrity B A N K March 3, 2008 Law Offices of Purcell, Krug & Haller Jill M. Wineka 1719 North Front Street Harrisburg, PA 17102 Dear Jill Wineka, As per your request, the following is regarding the Estate of Lester W. Ginanni. You had requested information regarding two Time Deposits owned by Lester W. Ginanni who died June 2, 2007. The account 1000371 had a balance of $1,887.49 at the date of Lester's death on June 2, 2007. This account was opened August 31, 2006 where Lester was the sole owner of this account. The account 91301 had a balance of $93,240.44 at the date of death. This account was also opened on August 31, 2006 and had no other owner other than Lester W. Ginanni. If you have any questions or concerns please feel free to call me at (717) 920-4900 ext. 231. Sincerely, John Rozman ..-.~ ~~ Customer Servi e Rep Integrity Bank ~\ ~, 3345 Market Street Camp Hill, PA 17011 (717)920-4900 3345 Market Street, Camp Hill, PA 17011 • Phone: 717-920-4900.877-I-HAVEIT • Fa.~ 717-920-4904 • www. integritybankonline.com