HomeMy WebLinkAbout09-09-08 15D56D41125
REV-1500 EX (06-05) OFFICIAL USE ONLY
PA Department of Revenue
Bureau of Individual Taxes Couniy Code Year File Number
PO BOX 280601 INHERITANCE TAX RETURN
Harrisburg, PA 17128-0601 RESIDENT DECEDENT 2 1 0 8 0 0 7 8 2
ENTER DECEDENT INFORMATION BELOW
Social Security Number Date of Death Date of Birth
0 6 0 9 2 0 0 8 0 6 2 3 1 9 2 9
Decedent's Last Name Suffix Decedent's First Name MI
L E G G E T T W I L L I A M T
(If Applicable) Enter Surviving Spouse's Information Below
Spouse's Last Name Suffix Spouse's First Name MI
L E G G E T T P A T R I C I A E
Spo use's Social Security Number
THIS RETURN MUST BE FILED IN DUPLICATE WITH THE
REGISTER OF WILLS
FILL IN APPROPRIATE OVALS BELOW
a 1. Original Return ~ 2. Supplemental Return ~ 3. Remainder Return (date of death
prior to 12-13-82)
4. Limited Estate ~ 4a. Future Interest Compromise (date of ~ 5. Federal Estate Tax Return Required
death after 12-12-82)
^X 6. Decedent Died Testate ~ 7. Decedent Maintained a Living Trust 0 8. Total Number of Safe Deposit Boxes
(Attach Copy of Will) (Attach Copy of Trust)
9. Litigation Proceeds Received ~ 10. Spousal Poverty Credit (date of death ~ 11. Election to tax under Sec. 9113(A)
between 12-31-91 and 1-1-95) (Attach Sch. O)
GUKKtJYU1VUtIVI - Ir1WJCGIIVMMUJI CCIiVMYLCICU.HLLbVrSISWYVIYUC1Yl.CNIYU~.VIYrIUC1YIINL IHAIIYrVISMAlIV1YJI'1VULUCCUIMtGItU IU:
Name Daytime Telephone Number
J O H N H B R O U J O S E S Q U I R 7 1 7 2 4 3 4 6 7 4
Firm Name (If Applicable)
First line of address
4 N O R T H
Second line of address
City or Post Office
C A R L I S L E
Correspondent's a-mail address
State
P A
ZIP Code
r~
REGISTER O _ IL~S USE O
_ I .,
a
_
:
-T) Ci?
IT
('~ 7
,rte- --1
rrr
_.Z7 ~ ~ ,
1;_
r
J
,
~ ~
` .
_;1
~~ --i C.J -
DArtE FILED
1 7 0 1 3
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 all information of which preparer hasany knowledge.
SIGN RE OF PERSON R SPONSI E FO RETURN 9/9%Aoa'
K .t .
r.~ ~.
736 W
4 NORTI~ANOVER STREET
H A N O V E R S T R E E T
C
PLEASE SE ORIGINAL FORM ONLY
PA 17013
1
Side 1
15056041125 15056041125 J
15056042126
REV-1500 EX
Decedent's Social Security Number
Decedent's Name: WILLIAM T. LEGGETT
RECAPITULATION
1. Real estate (Schedule A) 1. 3 4 0 9 0 0 0 0
........................................
2. Stocks and Bonds Schedule B 2. 7 7 9 5 5 7 6 0
3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C) ..... 3.
4. Mortgages & Notes Receivable (Schedule D) ........................ 4.
5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) ....... 5. 8 0 0 0 0 0
6. Jointly Owned Property (Schedule F) ^ Separate Billing Requested ....... 6•
7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property
(Schedule G) ~ Separate Billing Requested .......
7. 2 6 3 7 9 5 9 2
8. Total Gross Assets (total Lines 1-7) ........................... 8. 1 3 9 2 2 5 3 5 2
9. Funeral Ex enses & Administrative Costs Schedule H
P ( ) ................ 9. 1 3 1 0 0 0 0
10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) ............ 10.
11. Total Deductions (total Lines 9& 10) ........................... 11. 1 3 1 0 0 0 0
12. Net Value of Estate (Line 8 minus Line 11) ......................... 12. 1 3 7 9 1 5 3 5 2
13. Charitable and Governmental Bequests/Sec 9113 Trusts for which
an election to tax has not been made (Schedule J) .................. 13.
14. Net Value Subject to Tax (Line 12 minus Line 13) .................. 14. 1 3 7 9 1 5 3 5 2
TAX COMPUTATION -SEE INSTRUCTIONS FOR APPLICABLE RATES
15. Amount of Line 14 taxable
at the spousal tax rate, or
transfers under Sec. 9116
(a)(1.2) X •000 1 3 7 9 1 5 3 5 2 15. 0 0 0
16. Amount of Line 14 taxable
at lineal rate X •0_ 0 0 0 16 0. 0 0
17. Amount of Line 14 taxable
at sibling rate X .12 0 0 0 17. 0 0 0
18. Amount of Line 14 taxable
at collateral rate X .15 0 0 0 1 g 0 0 0
19. Tax Due ................................................19.
20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT
Side 2
0 . 0 0
15056042126 15056042126 J
REV-1500 EX Page 3
Decedent's Complete Address:
DECEDENT'S NAME
WILLIAM T. LEGGETT
STREET ADDRESS
735 WEST SOUTH STREET
CITY STATE ZIP
CARLISLE PA 17013
Tax Payments and Credits:
~ • Tax Due (Page 2 Line 19)
2. Credits/Payments
A. Spousal Poverty Credit
B. Prior Payments
C. Discount
3. InteresUPenalty if applicable
D. Interest
E. Penalty
File Number
21 0$ 00782
(1) 0.00
Total Credits (A + B + C) (2)
0.00
Total InteresUPenalty (D + E) (3)
0.00
4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT.
Fill in oval on Page 2, Line 20 to request a refund.
5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE.
A. Enter the interest on the tax due.
B. Enter the total of Line 5 + 5A. This is the BALANCE DUE.
(4) 0.00
(5) 0.00
(5A)
(56)
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 : ................................................................
i ...... O
ncome; .........................
b. retain the right to designate who shall use the property transferred or its ......
^
c. retain a reversionary interest; or .......................................................................................... ......
^ 0
d. receive the promise for life of either payments, benefits or care? ................................................. ......
2. If death occurred after December 12,1982, did decedent transfer property within one year of death
0
without receiving adequate consideration? .................................................................................
h
h?
' ...... ^
^ 0
...
er deat
or payable upon death bank account or security at his or
3. Did decedent own an 'intrust for ......
Did decedent own an Individual Retirement Account, annuity, or other non-probate property which
4
.
contains a beneficiary designation? ............................................................................................ ...... ~ ^
0.00
IF THE ANSWER TO ANY OF THE ABOVE GIUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN.
For dates of death on or after July 1,1994 and before January 1,1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse
is three (3) percent [72 P.S. §9116 (a) (1.1) (i)J,
For dates of death on or after January 1,1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is zero (0) percent
[72 P.S. §9116 (a) (1.1) (ii)]. The statute does not exemat a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and
filing a tax return are still applicable even if the surviving spouse is the only beneficiary.
For dates of death on or after July 1, 2000:
The tax rate imposed on the net value of transfers from a deceased child twenty-one years of age or younger at death to or for the use of a natural parent, an
adoptive parent, or a stepparent of the child is zero (0) percent [72 P.S. §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 four and one-half (4.5) percent, 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 twelve (12) percent [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-1502 EX + (6-98)
SCHEDULE A
COMMONWEALTH OF PENNSYLVANIA REAL ESTATE
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
FILE NUMBER
WILLIAM T. LEGGETT 21 08 00782
All real property owned solely or as a tenant in common must be reported at fair market value. Fair market value is defined as the price at which property would be
exchanged between a willing buyer and a willing seller, neither being compelled to buy or sell, both having reasonable knowledge of the relevant facts.
Real ~rooertv which is jointly-owned with right of survivorship must be disclosed on Schedule F.
ITEM VALUE AT DATE
NUMBER DESCRIPTION OF DEATH
1. Residence at 735 West South Street, Carlisle Borough, Cumberland County, PA, being 340,900.00
parcel no. 04-21-0322-030. Value is assessed value of 279,420 x common level ratio of 1.22
TOTAL (Also enter on line 1
(If more space is needed, insert additional sheets of the same size)
REV-1503 EX + (6-98)
SCHEDULE B
COMMONWEALTH OF PENNSYLVANIA STOCKS & BONDS
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF FILE NUMBER
WILLIAM T. LEGGETT 21 08 00782
All property jointly-owned with right of survivorship must be disclosed on Schedule F.
ITEM VALUE AT DATE
NUMBER DESCRIPTION OF DEATH
1. EdwardJones Investment Account No. 377-02453-1-8 (see valuation reports attached) 779,557.60
TOTAL (Also enter on line 2, Recapitulation) ~ $ 779.557.
(If more space is needed, insert additional sheets of the same size)
REV-1508 EX + (6-98)
SCHEDULE E
COMMONWEALTH OF PENNSYLVANIA CASH, BANK DEPOSITS, & MISC.
INHERITANCE TAX RETURN PERSONAL PROPERTY
RESIDENT DECEDENT
ESTATE OF
FILE NUMBER
WILLIAM T. LEGGETT 21 08 00782
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
2003 Buick LeSabre, appraised value
TOTAL (Also enter on line 5, Recapitulation) ~ $
8,000.00
00
(If more space is needed, insert additional sheets of the same size)
REV-1510 EX + (6-98)
SCHEDULE G
INTER-VIVOS TRANSFERS &
COM NHERITANCE TTAX RETURNANIA MISC. NON-PROBATE PROPERTY
RESIDENT DECEDENT
ESTATE OF
FILE NUMBER
WILLIAM T. LEGGETT 21 08 00782
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 DATEDFTRANSFER.ATTACHACDPYOFTHEDEEDFORREALESTATE.
DATE OF DEATH
VALUE OF ASSET
%OFDECD'S
INTEREST
EXCLUSION
QFAPPLJCA&.E)
TAXABLE
VALUE
1. William T. Leggett IRA, EdwardJones Account No. 377-90339-13 263,795.92 100. 263,795.92
Beneficiary: Patricia Ennis Leggett, wife
(See Valuation Reports attached)
TOTAL (Also enter on line 7 Recapitulation) I $ 263 795.92
(If more space is needed, insert additional sheets of the same size)
REV-1511 EX + (12-99)
SCHEDULE H
COMMONWEALTH OF PENNSYLVANIA FUNERAL EXPENSES &
INHERITANCE TAX RETURN ADMINISTRATIVE COSTS
RESIDENT DECEDENT
ESTATE OF FILE NUMBER
WILLIAM T. LEGGETT 21 08 00782
Debts of decedent must be reported on Schedule 1.
ITEM
NUMBER DESCRIPTION AMOUNT
A. FUNERAL EXPENSES:
1.
B. ADMINISTRATIVE COSTS:
1, Personal Representative's Commissions
Name of Personal Representative (s)
Social Security Number(s)/EIN Number of Personal Representative(s)
Street Address
Ciiy State Zip
Year(s) Commission Paid:
2, Attorney Fees John H. Broujos, Esquire (estimated) 3,500.00
3, Family Exemption; (It decedent's address is not the same as claimant's, attach explanation) 3,500.00
Claimant Patricia Ennis Leggett
Street Address 735 West South Street
City Carlisle State PA Zip 17013
Relationship of Claimant to Decedent Spouse
4. Probate Fees Register of Wills, Cumberland County, PA 900.00
5 Accountants Fees
6. Tax Return Preparer's Fees Martson Law Offices (estimated) 5,000.00
7.
7. Stock valuation reports, filing fees 200.00
TOTAL (Also enter on line 9, Recapitulation) I $ 13,1
(If more space is needed, insert additional sheets of the same size)
REV-1513 EX + (9-00)
SCHEDULE J
COMMONWEALTH OF PENNSYLVANIA BENEFICIARIES
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF FILE NUMBER
WILLIAM T. LEGGETT 21 08 00782
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. Manufacturers and Traders Trust Company (formerly Farmers Trust) Spousal 1,379,153.52
for benefit of Patricia Ennis Leggett
1 West High Street, Carlisle, PA 17013
II.
1
ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES i5 THROUGH i8, AS APPROPRIATE, ON REV-1500 COVER SHEET
NON-TAXABLE DISTRIBUTIONS:
A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE
B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS
TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET I $
(If more space is needed, insert additional sheets of the same size)
Estate Valuation-Account 377-02953-
Stocks
Date of Death: 06!09/2008
Valuation Date: 06/09/2008
Processing Date: 08/19/2008
Estate of: William T. Leggett
Account: 13108.1
Report Type: Date of Death
Number of Securities: 26
File ID: 13108.1.ej
Shares Security Mean and/or Div and Int Security
or Par Description High/ASk Low/Bid Adjustments Accruals Value
1) 522.07981 SPECTRA ENERGY CORP (847560109)
NYSE
06/09/2008 27.31000 26.41000 H/L
26.860000
Div: 0.23 Ex: 05/14/2008 Rec: 05/16/2008 Pay: 06! 16{2008
2) 102.62613 TEXAS INSTRS INC (882508104)
NYSE
06!09!2008 31.59000 30.66000 H/L
31.125000
3) 25.60763 TOYOTA MOTOR CORP (892331307)
SP ADR REP2COM
NYSE
06/09/2008 103.80000 101.86000 H/L
102.830000
4) 117.36807 VODAFONE GROUP PLC NEW (92857W209)
5PONS ADR NEW
NYSE
06(09/2008 30.97000 30.49000 H/L
30.730000
Div: 1.00221 Ex: 06/0412008 Rec: 06/06/2008 Pay: 08!0112008
5) 2"]8.87651 WEINGARTEN RLTY INVS (948741103)
NYSE
06/09/2008 33.61000 32.30000 H/L
32.955000
Div: 0.525 Ex: 06/04/2008 Rec: 06/06/2008 Pay: 06/16/2008
6) 274.31866 PROGRESS ENERGY INC (743263105)
NYSE
06/09/2008 43.14000 42.22000 H/L
42.680000
7) 272.53625 PFIZER INC (717081103)
NYSE
06/09/2008 18.17000 17.96000 H/L
18.065000
8) 311.49309 ROYAL DUTCH SHELL PLC (780259206)
SPONS ADR A
NYSE
06/09/2008 84.85000 83.67000 H!L
84.260000
Div: 0.68 Ex: 05!1412008 Rec: 05!1612008 Pay: 0611112008
9) 148.57797 ILLINOIS TOOL WKS INC (452308109)
NYSE
06/09/2008 50.71000 50.00000 H/L
50.355000
10) 54.12031 INTEL CORP (458140100)
NASDAQ
06!09!2008 23.10000 22.34000 H/L
22.720000
11) 227.45768 LEGGETT & PLATT INC (524660107)
NYSE
06/09/2008 18.88000 18.50000 H/L
18.690000
12) 100.62639 LOWES COS INC (548661107)
NYSE
06/09/2008 23.99000 22.87000 H/L
23.430000
14,023.06
120.08
3,194.24
2,633.23
3,606.72
117.63
9,190.38
146.41
11,707.92
4,923.37
26,246.40
211.82
7,481.64
1,229.61
4,251.18
2,357.68
Page 1
This report was produced with EstateVal, a product of Estate Valuations & Pricing Systems, Inc. If you have questions,
please contact EVP Systems at (818) 313-6300. (Revision 6.4.1)
Schedule B, Item 1 (1 /9)
Date of Death: 06/09/2008 Estate of: William T. Leggett
Valua tion Date: 06/09!2008 Account: 13108.1
Proce ssing Date: 08/19/2008 Report Type: Date of Death
Number of Securities: 26
File ID: 13108.1.ej
Shares Security Mean and/or Div and Int Security
or Par Description High/Ask Low/Bid Adjustments Accruals Value
13) 334.80716 MDU RES GROUP INC (552690109)
NYSE
06/09/2008 34.29000 33.80000 H/L
34.045000 11,398.51
14) 132.21822 MEDTRONIC INC (585055106)
NYSE
06/09/2008 50.85000 50.00000 H!L
50.425000 6,667.10
15) 5 NORTEL NETWORKS CORP NEW (656568508)
COM NEW
NYSE
06/09!2008 7.80000 7.50000 H/L
7.650000 38.25
16) 1058.54203 DUKE ENERGY CORP NEW (2644101 05; DUK}
COM
NYSE
06/09/2008 18.15000 17.75000 H/L
17.950000 19,000.83
Div: 0.22 Ex: 05/15/2008 Rec: 05/19/2008 Pay: 06/16/2008 232.88
17) 765.34647 EXXON MOBIL CORP (302316102)
NYSE
06(09/2008 89.13000 87.16000 H/L
88.145000 67,461.46
Div: 0.4 Ex: 05!09!2008 Rec: 05/13/2008 Pay: 06/10/2008 306.14
18) 100.95215 FRANKLIN RES INC (354613101)
NYSE
06/09/2008 101.24000 98.39000 H/L
99.815000 10,076.54
19) 109.52702 HERSHEY CO (427866108)
NYSE
06109{2008 37.87000 37.08000 H/L
37.475000 4,104.53
Div: 0.2975 Ex: 05/21/2008 Rec: 05/23/2008 Pay: 06/13/2008 32.58
20) 104.48542 CONOCOPHILLZPS (208250104)
NYSE
06/09/2008 95.84000 92.93000 H/L
94.385000 9,861.86
21) 233.55332 CARLISLE COS INC (192339100)
NYSE
06/09/2008 31.49000 30.89000 H/L
31.190000 7,284.53
22) 750.95182 AT&T INC (002068102)
NYSE
66109!2008 38.76000 36.94000 H/L
37.850000 28,923.53
23) 48.99019 ABBOTT LABS (002824100)
NYSE
06/09/2008 55.28000 54.34000 H/L
54.810000 2,685.15
24) 85 ZIMMER HLDGS INC (98956P102)
NYSE
06/09/2008 71.49000 70.18000 H/L
70.835000 6,020.97
25) 5 N CAROLINA INVS QLTY TAX EX TR (657904264)
UT 5ER 48 M
OTC
06109/2008 181.00000 A/B
181.000000 905.00
Carryover & daily interest: 18.75
Int: 0.62 Ex: 06/06/2008 Rec: 06/10/2008 Pay: 06 (25(2008 3.10
Page 2
This report was produced with EstateVal, a product of Estate Valuations & Pricing Systems, Inc. If you have questions,
please contact EVP Systems at 1818) 313-6300. (Revision 6.4.1)
Schedule B, Item 1 (2/9)
Date of Death: 06/09/2008 Estate of: William T. Leggett
Valuation Date: 06109/2008 Account: 13108.1
Processing Date: 08/19/2008 Report Type: Date of Death
Number of Securities: 26
File ID: 13108.1.ej
Shares Security Mean and/or Div and Int Security
or Par Description High/Ask Low/Bid Adjustments Accruals Value
26) 466.88861 PUTNAM MUN OPPORTUNITIES TR (746922103)
NYSE
06/09/2008 11.15000 11.08000 H/L
11.115000 5,189.47
Total Value:
Total Accrual:
Total: $271,152.55
$269,963.16
$1,189.39
Page 3
This report was produced with EstateVal, a product of Estate Valuations & Pricing Systems, Inc. If you have questions,
please contact EVP Systems at (818) 313-6300. (Revision 6.4.1)
Schedule B, Item 1 (3/9)
Estate Valuation-377-62453
Bonds
Date of Death: 06/09/2008
Valuation Date: 06/09/2008
Processing Date: 08!1912008
Estate of: William T. Leggett
Account: 13108.1
Report Type: Date of Death
Number of Securities: 41
rr^i 12 ZD: 13108.1.ej.2
Shares Security Mean and/or D w and Znt Security
or Par Description HighlAsk Low/Bid Adjustments Accruals Vaiue
1) 5000 WILSON T1 C COMBINED ENTERPRISE REV BDS (972317AR2)
FT Intr.
DTD: 11115/2002 Mat: 12/01/2027 4.75
06109!2008 101.20600 100.95600 A/B
101. 081000 5,054. 05
Int: 06/01/2008 to 06/09/2008 5.28
2)
3) 10000 CHARLOTTE-MECKLENBERG HOSP AUT REV HDS (160853JD0)
FT Intr.
DTD: 03/15/2003 Mat: 01/15/2033 5~
06!09/2008 107.80400 107.80400 A/B
107. 804000 10,780. 40
Int: 01/15/2008 to 06/09!2008 200.00
4) 15000 NEW HANOVER CNTY N C HOSP REV HOSP REV (644804BX3)
FT Intr.
DTD: 02/15/1999 Mat: 10!01/2028 5~
06/09/2008 100.59700 100.53600 AIB
100. 566500 15,084. 98
Int: 04/01/2008 to 06/09(2008 141.67
5) 5000 NORTH CAROLINA CAP FAGS FIN AG REV BDS (65819GEE4)
FT Intr.
DTD: 12!01/2001 Mat: 10!01/2041 5.125
06/09/2008 107.77400 107.77400 A!B
107. 774000 5,388. 70
Int: 04/01/2008 to 06/09/2008 48.40
6) 100D0 STATE PUB SCH BLDG AUTH PA SCH LEASE REV (8573222ND)
FT Intr.
DTD: 12(15(2D06 Mat: 11/1512036 4.25
06/09/2006 88.26800 87.94300 A/B
88. 130500 8,813. 05
Int: 05/15!2008 to 06/09/2008 28.33
7) 15000 PHILADELPHIA PA SCH DIST FOR I GO REF BD (717883EV0)
FT Intr.
DTD: 05/22/2007 Mat: 06101/2034 4.375
06/09(2008 93.72800 93.44600 A!B
93. 587000 14,038. 05
Int: 06!01/2008 to 06/09/2008 14.58
$) 10000 WYOMING CMNTY DEV AUTH HSG REV HSG REV B (98322P6M6)
FT Intr.
DTD: 05/24;2007 Mat: 12(01!2038 4.98
06109!2008 90.37100 89.56500 A/B
84. 968000 8,996. 80
Int: 06!0112006 to 06/0912008 10.89
91 SGGG NORTH CAROLINA MED CARE COMMN HOSP REV (658202380)
FT Intr.
DTD: 03/01!1993 Mat: 08/15(2024 5.5~
C6i09/2008 i0D.25200 100.25000 A/B
100. 25100E 5,012. 55
Ir.t: 02;1512008 to O6/D9;2008 87.08
i0) 500 L' ?;ORTH CAROLINA EASTN MtiN PPIR A P~nR SYS' R t658196QC8?
FT Intr.
D'^D: 01!6!;1993 Mat; O1/01~202i 5.5~
v6/D9i2CE8 99.46400 99.46200 AiB
99. 463000 9,)73. '_5
Int. Oi;'!~ii200d tc J6; E9:2vi;d 20.69
Page
This repcrt was preduceci with EstateVai, a prcduct of Estate Vaiuatiors S Pricing Systems, Ine. If you 2:a re quest;ca,
please contact EVP Systems at (818) 313-6300. ;Revisicn 6.9.1)
Schedule B, Item 1 (4/9)
Date of Death: 06/09/2008 Estate of: William T. Leggett
Valua tion Date: 06!0912008 Account: 13108.1
Proce ssing Date: 08/19/2008 Report Type: Date of Death
Number of Securities: 41
File ID: 13108.1.ej.2
Shares Security Mean and/or Div and Int Security
or Par Description High/Ask Low/Bid Adjustments Accruals Value
11) SOOD DALLAS FORT WORTH TEX INTL ARP JT REV BD (235036FW5)
FT Intr.
DTD: 05!0112003 Mat: 11/01/2032 5~
06/09/2008 93.19700 Bid
93.197000 4,659.85
Int: 05/01/2008 to 06/09/2008 26.39
12) 5000 NORTH CAROLINA MED CARE COMMN HOSP REV (65820HYF4)
FT Intr.
DTD: 09/01/1998 Mat: 12/01/2018 5~
06/09/2008 101.44000 101.43000 A/B
101.435000 5,071.75
Int: 06/01/2008 to 06/09/2008 5.56
13) 5000 PUERTO RICO ELEC PWR AUTH PWR POWER REV (74526QAR3)
FT Intr.
DTD; 08/19/2003 Mat: 07!01/2033 4.75
06/09/2008 98.27100 97.98800 A/B
98.129500 4,906.47
Int: 01/01/2008 to 06/09/2008 104.24
14) 10000 HIGH POINT N C PUB IMPT (429740YN7)
FT Intr.
DTD: 06/01/2000 Mat: 06/01/2019 5.5$
06/09/2008 108.16000 108.16000 A/B
108.160000 10,816.00
Int: 06/01/2008 to 06/09/2008 12.22
15) 10000 ASHEVILLE N C HSG AUTH MULTIFA REV BDS (044034CG9)
OTC
DTD: 12/01/1997 Mat: 11/20(2039 5.8$
06/09/2008 102.08700 102.07900 A/B
102.083000 10,208.30
Int: 05/20/2008 to 06/09/2008 30.61
16) 5000 WAKE CNTY N C HOSP REV HOSP SYS (930866CF3)
FT Intr.
DTD: 09/15/1993 Mat: 10/01/2016 5.125
06/09/2008 110.85700 11D.60700 A/B
110.732000 5,536.60
Int: 04/01/2008 to 06/09/2008 48.40
17) 5000 WAKE CNTY N C HOSP REV HOSP 5YS (930866CG1)
FT Intr.
DTD: 09/15/1993 Mat: 10/01/2026 5.125
06/09/2008 110.93500 110.68500 A/B
110.810000 5,540.50
Int: 04/01/2008 to 06/09/2008 48.40
18) 5000 DELAWARE CNTY PA AUTH HEALTH C HLTH FAGS (245902AD3)
FT Intr.
DTD: 12/15/1993 Mat: 11/15/2023 5.375
06/09/2008 105.04300 104.79300 A/B
104.918000 5,245.90
Int: 05/15/2008 to 06/09/2008 17.92
19) 5000 NORTH CAROLINA MED CARE COMMN HOSP REV (65820HTJ2)
FT Intr.
DTD: 10/01/2000 Mat: 11/01/2030 5.58
06!0912008 108.45500 108.45500 A/B
108.455000 5,422.75
Int: 05/01/2008 to 06/09/2008 29.03
20) 5000 NORTH CAROLINA MED CARE COMMN HLTH CARE (657902XR8)
FT Intr.
DTD: 03/15/2001 Mat: 10/01/2032 5~
06!09!2008 100.64600 100.56900 A/B
100.607500 5,030.38
Int: 04/01/2008 to 06/09/2008 47.22
Page 2
This report was produced with EstateVal, a product of Estate Valuations & Pricing Systems, Inc. If you have questions,
please contact EVP Systems at (818) 313-6300. (Revision 6.4.1)
Schedule B, Item 1 (5/9)
Date of Death: 06/09/2008 Estate of: William T. Leggett
Valuation Date: 06109!2008 Acc ount: 13108 .1
Processing Date: 08/19/2008 Report Type: Date of Dea th
Number of S ecurities: 41
File ID: 13108.1.ej .2
Shares Security Mean andJor Div and Int Security
or Par Description Hi gh/Ask Low/Bid Adjustments Accruals Value
21) 10000 PENNSYLVANIA ST TPK COMMN REGI REV BDS (709222BD4)
FT Intr.
DTD: 07/01/2001 Mat: 07/15/2041 5~
06/09/2008 107.69600 107.69600 A/B
107. 696000 10,769. 60
Int: 01/15/2008 to 06/09/2008 200.00
22) 5000 PENNSYLVANIA ST TPK COMMN REGI REV BDS (709222BA0)
FT Intr.
DTD: 07!0112001 Mat: 07{]5/2031 5~
06/09/2008 107.69600 107.69600 A/B
107. 696000 5,384. 80
Int: 01/15/2008 to 06/09/2008 100.00
23) 5000 RALEIGH-DURHAM N C ARPT AUTH A REV BDS (751073ED5)
FT Intr.
DTD: 03/16/2005 Mat: 05/01/2025 4.5~
06/09/2008 89.41400 89.16400 A/B
89. 289000 4,464. 45
Int: 05/01/2008 to 06/09/2008 23.75
24) 10000 CELINA TEX INDPT SCH DIST G.0 SCH B (151145FT1)
FT Intr.
DTD: 07(15(2002 Mat: 08!15!2037 5.15
06/09/2008 103.07800 102.82800 A/B
102. 953000 10,295. 30
Int: 02/15/2008 to 06/09/2008 163.08
25) 25000 PORT AUTH N Y & N J CONS BDS (733581205)
FT Intr.
DTD: 06/15/2002 Mat: 06/15(2037 5.125
06/09/2008 98.29400 98.00200 A/B
98 .148000 24,537 .00
Int: 12/15/2007 to 06/09/2008 619.27
26) 10000 CONCORD N C UTILS SYS REV REV BDS (206461DL6)
FT Intr.
DTD: 08/15/2002 Mat: 12/01/2029 4.75
06/09/2008 101.00500 100.75500 A/B
100 .880000 10,088 .00
Int: 06/01/2008 to 06/09/2008 10.56
27) 5000 ONEOK INC NEW (682680AA1)
OTC
DTD: 09/29/1998 Mat: 09/30/2028 6.5~
06/09/2008 91.19330 Bid
91 .193300 4,559 .67
Int: 03/31/2008 to 06/09/2008 62.29
28) 5000 FEDERAL NATL MTG ASSN MTN (3136F3SD9)
Dealer Quote
DTD: 05/30/2003 Mat: 05/30/2023 5.375
06/09/2008 97.12500 Bid
97 .125000 4,656 .25
Int: 05/30/2008 to 06/09/2008 6.72
29) 5000 ONEOK INC NEW (682680AD5)
OTC
DTD: 02/17/1999 Mat: 02/01/2019 6.4~
06/09{2008 97.72170 Bid
97 .721700 4,886 .09
Int: 05/01/2008 to 06/09/2008 33.78
30) 9000 FEDERAL HOME LN MTG CORP (3133F1FZ5)
OTC
DTD: 05/27/2004 Mat: 05/15/2024 5.758
06!09!2008 99.06210 Bid
99 .062100 8,915 .59
Int: 05/15/2008 to 06/09/2008 34.50
Page 3
This report was produced with EstateVal, a product of Estate Valuations & Pricing Systems, Inc. If you have questions,
please contact EVP Systems at (818) 313-6300. (Revision 6.4.1)
Schedule B, Ifem 1 (6/9)
Date of Death: 06/09/2008 Estate of: William T. Leggett
Valua tion Date: 06/09/2008 Acc ount: 13108.1
Proce ssing Date: 08!1912008 Report Type: Date of Death
Number of S ecurities: 41
File ID: 13108.1.ej.2
Shares Security Mean and/or Div and Int Security
or Par Description HighJASk LowlBid Adjustments Accruals Value
31) 10000 FEDERAL HOME LN MTG CORP (3133F1LD7)
OTC
DTD: 09/16/2004 Mat: 09/15/2024 5.35$
06/09/2008 96.95390 Bid
96.953900 9,695.39
Int: 05/15/2008 to 06/09/2008 35.67
32) 5000 FEDERAL HOME LN MTG CORP (3133F1MY0)
OTC
DTD: 11/04/2004 Mat: 11/15/2024 5.1$
06!09/2008 95.23090 Bid
95.230900 4,761.55
Int: 05/15/2008 to 06/09/2008 17.00
33) 5000 FEDERAL HOME LN MTG CORP (3133F1NL7)
OTC
DTD: 11/18/2004 Mat: 11/15/2024 5.3$
06/09/2008 96.62210 Bid
96.622100 4,831.11
Int: 05!15!2008 to 06{0912008 17.67
34) 5000 TENNESSEE VALLEY AUTH (880591CF7)
NYBE
DTD: 07/24/1995 Mat: 07/15/2045 6.235$
06(09/2008 93.50000 AJB
93.500000 4,675.00
Int: 01/15/2008 to 06/09!2008 124.70
35) 1000 FHLMC SERIES 1768 (3133TSYA5)
OTC
Mat: 12/15/2024 8.250$ Fact: 0.13859903
06/09/2008 109.22898 Bid
109.228980 151.39
CMO Accrual 0.25
36) 4000 FHLMC SERIES 1847 (3133T6N31)
OTC
Mat: 04/15/2026 7.500$ Fact: 0.08751969
06/09/2005 104,63627 Bid
104.636270 366.31
CMO Accrual 0.58
37) 2000 FHLMC REMIC SERIES 2368 (31339G2B6)
OTC
Mat: 10!15/2031 6.000$ Fact: 0.26152549
06/09/2008 102.72061 Bid
102.720610 537.28
CMO Accrual 0.70
38) 6000 PROTECTIVE LIFE CORP (743674AC7}
OTC
DTD: 08!06/1996 Mat: 08/01/2011 7.45$
06/09/2008 103.18620 Bid
103.186200 6,191.17
Int: 02/01/2008 to 06/09/2008 158.93
39) 5000 EMPIRE DIST ELEC CO (291641AX6)
OTC
DTD: 12!2312002 Mat: 12/15f2022 7.05$
06/09/2008 99.27010 Bid
99.270100 4,963.51
Int: 03/15/2008 to 06/09/2008 82.25
401 5000 FNMA SERIES 94- 093 (31359HSB6)
OTC
Mat: 09/25/2023 8.000$ Fact: 0.13297813
06/09/2008 100.19147 Bid
100.191470 666.16
CMO Accrual 1.18
Page 4
This report was produced with EstateVal, a product of Estate Valuations & Pricing Systems, Inc. If you have questions,
please contact EVP Systems at (818) 313-6300. (Revision 6.4.1)
Schedule B, Item 1 (7/9)
Date of Death: 06/09/2008 Estate of: William T. Leggett
Valuation Date: 0610912008 Account: 13108.1
Processing Date: 08/19/2008 Report Type: Date of Death
Number of Securities: 41
File ID: 13108.1.ej.2
Shares Security Mean andJor Div and Int Security
or Par Description High/Ask Low/Bid Adjustments Accruals Value
41) 4000 FHLMC SERIES 1759 (3133TSR88)
OTC
Mat: 10/1512024 8.5008 Fact: 0.24958286
06/09/2008 107.63367 Bid
107.633670 1,074.54
CMO Accrual 1.89
Total Value:
Total Accrual:
Total: $269,972.07
2) 15000 MIAMI-DADE CTY FLA (5933PEE4 )
Total ValuE:
Total Accn~al:
'IUTAL: X284 , 3()7.57
$267,250.39
$2,721.68
95.57 14,335.50
$281,585.89
$2,721.68
Page 5
This report was produced with EstateVal, a product of Estate Valuations & Pricing Systems, Inc. If you have questions,
please contact EVP Systems at (818) 313-6300. iRevision 6.4.1)
Schedule B, Item 1 (8/9)
Estate Valuation-377-02453
Mutual Funds
Date of Death: 06/09/2008 Estate of: William T. Leggett
Valuation Date: 06!09!2008 Account: 13108.1
Processing Date: 09/19/2008 Report Type: Date of Death
Number of Securities: 10
File ID: 13108.1.ej.3
Shares Security Mean andfor Div and Int Security
or Par Description High/Ask Low/Bid Adjustments Accruals Value
1) 189.53 ALLIANCEBERNSTEZN BALANCED SHS (018525105)
CL A
NASDAQ
06/09/2008 15.42000 Bid
15.420000 2,922.55
2) 708.908 AMERICAN BALANCED FD INC (024071102)
COM
NASDAQ
06109!2008 18.08000 Bid
18.080000 12,817.06
3) 530.347 AMERICAN FDS INCOME SERIES (026300103)
US GOVT GTD SECS
NASDAQ
06/09/2008 13.51000 Bid
13.510000 7,164.99
41 256.782 BOND FD AMER INC (097873103)
COM
NASDAQ
06/09/2008 12.73000 Bid
12.730000 3,268.83
5) 462.698 CAPITAL INCOME BLDR FD (140193103)
SH BEN INT
NASDAQ
06!09!2008 59.10000 Bid
59.100000 27,345.45
61 1043.024 EURO PAC GROWTH FD (298706102)
SH BEN INT
NASDAQ
06/09/2008 48.17000 Bid
48.170000 50,242.47
7) 23.782 ING MUT FDS (449808219)
RUSSIA FD CL A
NASDAQ
06/09/2008 73.46000 Bid
73.460000 1,747.03
8) 787.357 NEW ECONOMY FD (643822109)
SH BEN INT
NASDAQ
06/09/20D8 24.62000 Bid
24.620000 19,384.73
9) 929.452 NEW PERSPECTIVE FD INC (648018109)
COM
NASDAQ
06/09/2008 32.56000 Bid
32.560000 30,262.96
10) 220b.125 WASHINGTON MUT INVS FD INC (939330106)
COM
NASDAQ
06/09(2008 31.25000 Bid
31.250000 68,941.41
$224,097.48
Total Value: $0.00
Total Accrual:
Total: $224,097.48
Page 1
This report was produced with EstateVal, a product of Estate Valuations & Pricing Systems, Inc. If you have questions,
please contact EVP Systems at (818) 313-6300. (Revision 6.4.1)
Schedule B, Item 1 (9/9)
Estate Valuation-377-09339
Stocks
Date of Death: 06/09/2008 Estate of: William T. Leggett
Valuation Date: 06/09/2008 Account: 13108.1
Processing Date: 08119!2008 Report T
ype:
Date of Death
Number of Securities: 11
File ID: 13108.1.ej.4
Shares Security Mean and/or Div and Int Security
or Par Description High/Ask LowJEid Adjustments Accruals Value
1) 384.85178 PIEDMONT NAT GAS IPIC (7201861 05)
NYSE
06/C9/2008 27.45000 25.90000 H/L
26 .675000 10,265.92
2) 53.89672 3M CO (88579Y101)
NYSE
06/09/2008 76.07000 74.75000 H/L
75 .410000 4,064.35
Div: 0.5 Ex: 05/21/2008 Rec: 05/23/2008 Pay: 06/12/2008 26.95
3) 370.82035 WACHOVIA CORP NEW (929903102)
NYSE
06/09/2008 20.25000 16.22000 HIL
19 .235000 7,132.73
Div: 0.375 Ex: 05/28(2008 Rec : 05/30/2008 Pay: 06116!2006 139.06
4) 107.05141 WAL MART STORES INC (93114210 3)
NYSE
06/09/2008 59.74000 58.44000 H/L
59. 090000 6,325.70
5) 545.07009 WEINGARTEN RLTY INVS (9487411 03)
NYSE
06/09(2008 33.61000 32.30000 H/L
32. 955000 17,962.78
Div: 0.525 Ex: 06/0412008 Rec : 06/06/2008 Pay: 06 /16/2008 286.16
6) 167.94444 JOHNSON & JOHNSON (478160104)
NYSE
06/09/2008 66.20000 65.31000 H/L
65. 755000 11,043.19
Div: 0.46 Ex: 05/22/2008 Rec: 05/27/2008 Pay: 06/ 10/2008 77,25
7) 441.74383 KIMCO REALTY CORP (494468109)
NYSE
06/09/2008 38.47000 37,19000 H/L
37. 830000 16,711.17
8) 180.89664 LEGGETT & PLATT INC (524660107)
NYSE
06/09/2008 18.88000 18.50000 H/L
18. 690000 3,380.96
9) 0.57668 MERCK & CO INC (589331107)
NYSE
06/09/2008 37.83000 36.71000 H/L
37. 270000 21.49
Div: G.38 Ex: 06/04/2008 Rec: C6/06;2008 Fay: 07/01/2008 0.22
10) 236 CZSCO SYS INC (172758102)
NASDAQ
06/09/20C8 26.74000 26.03 COG H;L
26. 385000 6,226.86
11) 765.46317 DUKE REALTY CORP (264411505)
CCM NEW
fIYSE
J6r'G9l20C8 24.94000 2.77000 H/L
24. 35`_000 18,642.36
_vta i ialllr,: SiV1,77.'1.IJi
.etai Accr';ei: $529 64
Total: $10 2,307.65
Page 1
':his repcrt :vas p_~od';ced with EstateVai, a product of Estate Vai::ations & ricii:g C~ystems, c. I~ you have ruestiens,
please contact EVP Systems at (Si8) 313-5300. L(Revisior. 5.4.11
Scheda~le G, Item I (Il3)
Estate Valuation-377-90339
Mutual rr^unds
Date cf Death: C6/09/2008 Estate of: William T. Leggett
Valua tion Date: 06/0912008 Account: 13108.1
Proce ssing Date: G8119l2G08 Report Type: Date of Death
Number of Securities: 7
File ID: 13108.1.ej.5
Shares Security Mean and/or Div and Int Security
or Par Description High/Ask Lew/Bid Adjustments Accruals Value
1) 143.628 AMERICAN BALANCED FD INC (024071102)
COM
NASDAQ
06!09;2008 18.08000 Bid
18. 080000 2,596.79
2) 978.356 CAPITAL WORLD GROWTH & INCOME 1140543109)
COM
NASDAQ
06!09/2008 42.18000 Bid
42. 180000 41,267.06
3) 732.92 FULIDAMENTAL INVS INC (360802102)
COM
NASDAQ
06/09(2008 41.28000 Bid
41. 280000 30,254.94
4) 706.312 NEW PERSPECTIVE FD INC 1648018109)
COM
NASDAQ
06/09/2008 32.56000 Bid
32. 560000 22,997.52
5) 1016.09 PUTNAM INVT FDS (746802107)
NEW VAL CL A
NASDAQ
06/0912008 13.49000 Bid
13 .490000 13,707.05
6) 657.827 PUTNAM INVT FDS (746802859)
INTL CP OPPT A
NASDAQ
06!0912008 37,44000 Bid
37 .440000 24,629.04
7) 913.86 VANGUARD/WINDSOR FD INC (922018205)
WINDSOR II INV
NASDAQ
06/09/2008 28.49000 Bid
28 .490000 26,035.87
Tot al Value: $161,488.27
Total Accrual: $0'00
Total: $161,488.27
Page 1
"Y:_s repot was produced with EstateVal, a product o`_ Estate Vai:atiens & Pr~cira Systems, inc. If you have quPSriors,
please contact a'VP Systems at (818) 313-630C. (Revision 6.4.1)
Schedule G, Item 1 (?12)
~~
G f
~~ ~,
,a
WILL ~//{,,:~,
I, William Thomas Leggett, Jr., of the Borough of Carlisle, Cumberland County, .Pennsylvania
declare this to be my last will and revoke any will previously made by me.
ITEM ONE: I direct that all my debts and funeral expenses, including my gravemazker shall
be paid from my residuary estate as soon as practicable after my decease as a part of the expense
of the administration of my estate.
ITEM TWO: I give, devise, and bequeath to my wife Patricia Ennis Leggett, all of my interest
in household furnishings and household personal praperty, excluding choses in action, stocks,
bonds, CDs, mutual funds, and similar accounts, providing she is living at the expiration of 60
days after my death. If my said wife does not survive me, or dies within the 60 day period, I
give such property to my children living at the time of my death, to be divided among them as
they may agree; and, in the event no agreement is reached, the property shall be divided as my
personal representatives shall determine, in his absolute discretion.
ITEM THREE: I give, devise, and bequeath the remainder of my estate, of whatsoever
nature and wheresoever situated, which I may own or to which I may in any way be entitled at
the time of my death, referred to in this my Will as "my residuary estate" to be disposed of as
~~ follows:
\1
A(1). I give, devise, and bequeath my residuary estate to my Trustee;, hereinafter named, in
trust, nevertheless, to hold, manage, and invest the same, to collect thc; income thereon, to be
~ administered as follows: . '
(a) All the net income, thereof, shall be paid to my wire in quarterly or other
convenient installments (but at least annually), for and during the term. of her life.
r
y
(b) During her lifetime, my wife shall have the unlimited power, exercisable in her
sole discretion and at all events, to withdraw any part or all of the principal of this trust in this
subparagraph (1) by written request delivered to the Trustee in her lifetime, or to direct Trustee
to make distribution of any part or all thereof to any donee or nominee, and to use or direct such
withdrawals without regard to her own personal needs, and to dispc-se of any principal so
withdrawn in any manner, including the power to dispose of it by gift to any person or persons
of her own choice.
(c) Upon death of my said wife, my Trustee shall pay o~~er the then-remaining
principal, together with all income accrued to such persons, corporations or others in such shares
and proportions in either outright or upon such trust and estate, as my wife, by express reference
to this provision in her Will, may designate and appoint. My intention being that such general
power may be exercised by my wife alone and in all events; or
(d) In default of the appointment by my wife, provided for in subparagraph (c), my
Trustee shall assign, transfer and pay over the principal of this trust, and any income accrued or
on hand at the death of my wife, to my then living children, per atirpes.
(e) Notwithstanding anything contained in subpazagr~~ph (1), the amount of the
property which will pass to my Trustee under this subparagraph (1) will equal the maximum
marital deduction allowable in my estate for federal estate tax purposes, reduced by the final
federal estate tax values of all gther property interest which pass ar have passed to my wife,
under other provisions of this will or otherwise and which qualify for the marital deduction. In
no event shall a greater amount be allocated to the trust created in this subparagraph (1) than is
PAGE ONE OF FIVE PAGES
necessary to completely,-eliminate the federal estate tax in my estate, after considering all other
federal estate tax deductions and credits (but only to the extent. the use of the state inheritance
tax credit does not increase the state inheritance taxes payable) to which my estate may be
entitled. The Trustee shall satisfy the marital deduction bequest in cash or in kind, or partly in
each, with assets eligible for the marital deduction; assets allocated in kind shall be deemed to
satisfy this amount on the basis of their values as finally determined for federal estate tax
purposes, but in no event shall the date of distribution value of such assets be less than the
amount of the marital deduction. The balance of the residuary estate that does not pass under this
subparagraph (1) shall pass under, and be governed by the provisions of subpazagraph (2).
(fj It is my intention that this trust qualify for the marital deduction allowable in
determining the federal estate tax on my estate. If any provision of this trust shall result in
depriving my estate of the marital deduction for federal estate tax purposes, such provision is
hereby revoked and this trust shall read as if any portion thereof inconsistent with allowance of
the marital deduction for federal estate purposes is null and void.
(2) If my wife Patricia Ennis Leggett survives me by 60 days, and if any amount is directed
to be disposed of under and governed by the provisions of, this subparagraph (2), I give, devise,
and bequeath said amount to my Trustee hereinafter named, in trust, nevertheless, to hold,
manage and invest the same, to collect income thereon, and to be administered as follows:
\ (a} To pay to or apply for the benefit of my wife so much or all of the net income
thereof in installments convenient to her.
(b) To distribute to my wife, from time to time, such amounts of the trust estate as
my Trustee in its discretion may from time to time think advisable for purposes of my wife's
health, support and maintenance in her accustomed manner.
1
(c) Upon the death of my wife, during the period of this trust for her benefit, the
principal of this trust, as it is then constituted and any income accrued or on hand at the death
of my wife, shall be distributed to my then living children, per stirpes.
B. If my wife Patricia Ennis Leggett predeceases me or is not then living on the 61st day
after my death, I give, devise, and bequeath my residuary estate to my issue surviving me, per
stirpes. ;
Y C. No part of any trust estate shall be liable for or charged with any debts, contracts,
liabilities or torts of the beneficiary or subject to seizure or other process by any creditor of the
beneficiary.
ITEM FOUR: In the event that my estate or any trust created herein, is comprised of real
property, and in the event a bequest or distribution of any such real property .is made pursuant
\ to the provisions of ITEM THREE (A)(1)(d), ITEM THREE (A)(2)(c), or ITEM THREE (B),
~' then I direct my Executors and Trustee to sell any such real property prior to making any such
bequests or distribution. I further direct my Executors and Trustee to act prudently and with
reasonable dispatch in proceeding with said sale of real property, at public or private sale.
ITEM FIVE: I direct my executors to pay any and all estate, inheritance and other death taxes
and duties, and all interest and penalties thereon, imposed by reason of my death in respect of
any property required to be included in my gross estate for the purposes of such taxes, whether
passing under this my Vt~ill or otherwise, and I direct that any taxes so paid shall be charged,
without any apportionment otherwise required by Iaw:
A. If my wife Patricia Ennis Leggett survives me, entirely against that portion of my
residuary estate, if any, which passes under the provisions of subpazagraph (2) of Pazagraph A
w'
PAGE TVt~O OF FIVE PAGES
of ITEM THREE of this my Will or, to the extent, if any, that said portion is insufficient, against
that portion of my residuary estate, if any, which passes under the provisions of subparagraph
(1) of Paragraph A of ITEM THREE of this my Will; or
B. If my wife Patricia Ennis Leggett predeceases me, against my residuary estate.
ITEM SIX: I appoint my wife Patricia Ennis Leggett Executrix of this my last Will. Should
she fail to qualify or cease to act as Executrix, I appoint my daughter Elizabeth Leggett Yukish
as Executrix with the same rights, powers, and duties. Should she fail to qualify or cease to act
as Executrix, then I appoint Farmers Trust Company as Executor with the same rights, powers,
and duties.
ITEM SEVEN: I nominate and appoint Farmers Trust Company of Carlisle, Pennsylvania,
Trustee of the trusts created herein.
ITEM EIGHT: My personal representative and Trustee, as well as their successors, shall
not be required to file bond or security in any jurisdiction for the faithful performance of their
duties hereunder.
0 ITEM NINE: In addition to the rights and powers given to the fiduciaries by law or elsewhere
in this Will, I give to my personal representative and Trustee, without any order of court and in
their sole discretion, the following rights and powers:
A. Retain any property owned by me at my death and to invest and reinvest in any property
without restrictions to legal investments.
~ B. Keep reasonable amounts of cash in bank and uninvested, as deemed advisable for the
protection of principal.
C. Purchase investments at premiums and charge premiums to income or principal or partly
to each.
~ D. Subscribe for stocks, bonds, or other investments; join in any plan of lease, mortgage,
merger, consolidation, reorganization, foreclosure or voting trust and deposit securities thereunder;
and generally exercise all the rights of security holders of any corporation.
~ E. Register securities in the name of a nominee in such manner that title shall pass by
delivery.
F. Vote, in person or by proxy, securities held by it and in such connection to delegate its
discretionary powers.
G. Re air, alter, im rove or lease for an eriod of time, an ro e
p p y p y p p rly, and give options for
~ leases.
H. Sell at public or private sale, for cash or credit, with or without security, and exchange
or partition property and give options for sales or exchanges.
I. Borrow money from any person, including my Trustee or personal representative, and
mortgage and pledge any property.
J. Loan money to, borrow money from, sell property to, buy property from, and exchange
property with, and inter vivos or testamentary trust created or established by my wife Patricia
Ennis Leggett.
PAGE THREE OF FIVE PAGES
K. Compromise claims.
L. Add to the principal of any trust created hereunder and any property received from any
person by deed, will, or in any other manner.
M. Pay premiums on any life insurance, annuity, or endowment policies, which may have
been retained or purchased herein and exercise any right, option or privilege thereunder.
N. In the exercise of Trustee's discretion with respect to the use of principal for any
benef ciary, taking into account other property and income available to such beneficiary; and in
so doing, Trustee may conclusively rely on written representations made to it by such beneficiary,
and judgment of my Trustee as to the amount of principal so used and the extent to which other
resources are considered shall be conclusive as to all parties and interest.
O. Allocate to and between the trusts established in subparagraphs (1) and (2) of Paragraph
A of ITEM THREE, the assets or portion of any assets in or becoming a part hereof; provided
that only assets which qualify for the marital deduction shall be placed in trust established in
subparagraph (1).
P. Advise in the use of expenses an losses as deductions for federal income tax or estate tax
purposes, or partly for each, as they shall be deemed advisable, without adjustments between
income and principal in consequence of the exercise of such discretion.
Q. Make distributions in cash or in kind or partly in each.
R. The Trustee shall exercise all power, authority and discretion given by this instrument as
to termination of any trust created herein until the same is fully distributed.
1N WITNESS WHEREOF, I have hereunto set my hand, this 1~`^ day of February, 1996.
~~,,
'!y ~, e
William Thomas Leggett, Jr.
The preceding instrument, consisting of this and three other typewritten pages each identified by
the signature of the Testator was on the day and date thereof signed, published and declared by
the Testator therein named as and for his last will, in the presence of us, who at his request, in
his presence and in the presence of each other hay '
PAGE FOUR OF FIVE PAGES
COMMONWEALTH OF PENNSYLVANIA
COUNTY OF CUMBERLAND
ss
We John H. Broujos and ~aAN~~ A. NwROO witnesses whose names are signed to the attached or
foregoing instrument being duly qualified according to law, do depose and say that we were
present and saw the Testator sign and execute the instrument as his last will; that he signed
willingly and executed it his free and voluntary act for the purposes therein contained; that each
of us in the hearing and sight of the Testator signed the will as witnesses; and that to the best
of our knowledge, the Testator was at the time 18 or more years of age, of sound mind and under
no constraint or undue influence.
Sworn and subscribed to before me this
/3'~'~day of February, 1996.
1 w ` C./~ . ~ ~7~
otary Public
Sherri L. Muraphy Notary Pu~Uc
Carlisle Boro, Cumberland County
My Commission Expires Jan. 4, 1999
COMMONWEALTH
ss
COUNTY OF CUMBERLAND
I, William Thomas Leggett, Jr. whose name is signed to the attached instrument, having been
duly qualified according to law, do hereby acknowledge that I signed and executed the instrument
as my last will; that I signed it as my free and voluntary act for the purposes therein expressed.
Sworn and affirmed to and acknowledged
before me this ~_`~'day of February, 1996.
\ of / '
Notary Public
Notarial Seal
Sherri L. Mur~hv, Notary Puoflc
Carlisle Boro, Cumberland County
~V Gommisslon Fxpir~s Jan. 4, 1999
//
William Thomas Leggett, Jr.
PAGE FIVE OF FIVE PAGES