HomeMy WebLinkAbout10-07-0815056041114
REV-1500 Ex (06-05) OFFICIAL USE ONLY
PA Department of Revenue County Code Year File Number
Bureau of Individual Taxes INHERITANCE TAX RETURN Q
PO BOX 280601 ~ ! /\ r, f ~~ ~~
Harrisburg, PA 17128-0601 RESIDENT DECEDENT f (J `/
ENTER DECEDENT INFORMATION BELOW
Social Security Number Date of Death Date of Birth
02242008 08251936
Decedent's Last Name Suffix Decedent's First Name MI
ADAMS LOIS H
(If Applicable) Enter Surviving Spouse's Information Below
Spouse's Last Name Suffix Spouse's First Name MI
Spouse's Social Security Number
THIS RETURN MUST BE FILED IN DUPLICATE WITH THE
REGISTER OF WILLS
FILL INAPPROPRIATE OVALS BELOW
Ox 1.Original Return 0 2. Supplemental Return Q 3. Remainder Return (date of death
0 4. Limited Estate
0 prior to 12-13-82)
4a. Future Interest Compromise (date of 0 5. Federal Estate Tax Return Required
death after 12-12-82)
Ox 6. Decedent Died Testate Q 7. Decedent Maintained a Living Trust 0 8. Total Number of Safe Deposit Boxes
(Attach Copy of Will) (Attach Copy of Trust)
0 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. 0)
CORRESPONDENT -THIS SECTION MUST BE C OMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO:
Name Daytime Telephone Number
ROBERT G. FREY 717-243-5838
~.,
Firm Name (if Applicable)
FREY & TILEY
First line of address
5 SOUTH HANOVER STREET
Second line of address
City or Post Office
CARLISLE
State ZIP Code
PA 17013
REGIST 4 ~ LLS US~NLY
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~TE FILED
Correspondent's a-mail address: RFREY@ FREYTILEY . COM
Under penalties o perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best o my knowledge and belie , it is
true, co~eryd complete. Declaration of preparer other than the personal representative is based on_alI information of which preparer has anv knowledge. i
~16AIM ~T~' ~ ~ ~ ~~ DATE ~~ /` ~~
SIGNATUR REPA ER HAI11f}2EP
~~ NTATNE DAT~
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ADDRESS s
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PLEASE USE ORIG NAL FORM ONLY
Side 1
~..~ 15056041114 15056041114
15056042115
REV-1500 EX
Decedent's Social Security Number
Decedent's Name: LO I S H ADAMS
RECAPITULATION
1. Real estate (Schedule A) .......................................... . 1. 14 2 9 O 0 . 0 0
2. Stocks and Bonds (Schedule B) ..................................... . 2. NONE
3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C) .... . 3. NONE
4. Mortgages 8 Notes Receivable (Schedule D) ........................... . 4. NONE
5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) ....... . 5. 14 5 9 6 . 0 0
6. Jointly Owned Property (Schedule F) Separate Billing Requested ....... . 6. NONE
7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property
(Schedule G) Separate Billing Requested ....... . 7 NONE
8. Total Gross Assets (total Lines 1-7) ................................. . 8. 15 7 4 9 6 . 0 0
9. Funeral Expenses & Administrative Costs (Schedule H) ................... . 9. 17 8 O 7 . 0 0
10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) .............. . 10. 4 4 . 0 0
11. Total Deductions (total Lines 9 8~ 10) ................................ . 11. 17 8 51.0 O
12. Net Value of Estate (Line 8 minus Line 11) ............................ . 12. 13 9 6 4 5 . 0 O
13. Charitable and Governmental BequestslSec 9113 Trusts for which
an election to tax has not been made (Schedule J) ....................... 13. 13 9 6 4 . 5 0
14. Net Value Subject to Tax (Line 12 minus Line 13) ....................... 14 12 5 6 8 0 . 5 0
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 .0 0 15. O. O O
16. Amount of Line 14 taxable
at linealratex.0 45 125680.50 1s. 5656.00
17. Amount of Line 14
taxable at sibling rate X • 12
17.
Q , 0 O
18. Amount of Line 14 taxable
at collateral rate X . 15 18. 0 . 0 0
19. TAX DUE ....................................................... 19. 5 6 5 6. O O
20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAY MENT 0
Side 2
15056042115 15056042115
REV-1500 EX Page 3 186-28-4973
Decedent's Complete Address:
File Number
21-08-253
DECEDENT'S NAME DECEDENT'S SOCIAL SECURITY NUMBER
LOTS H ADAMS 186-28-4973
STREET ADDRESS
615 WOODLAND AVENUE
CITY
MT. HOLLY SPRINGS STATE
PA ZIP
17065
Tax Payments and Credits:
1. Tax Due (Page 2 Line 19)
2. CreditslPayments
A. Spousal Poverty Credit
B. Prior Payments 6500.00
C. Discount 325.00
3. Interest/Penalty if applicable
D. Interest
E. Penalty
(1)
5656.00
Total Credits (A + B + C) (2) 6825.00
Total Interest/Penalty (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. (4) 1169.00
5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5)
A. Enter the interest on the tax due. (5A)
0.00
B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (5B) 0.00
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 : ....................................... ~ QX
b. retain the right to designate who shall use the property transferred or its income : ................ ~ ^X
c. retain a reversionary interest; or ...................................................... ~ ~X
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 "in trust 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.
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)].
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 exempt a transfer to a surviving spouse from tax, and the statutory
requirements for disclosure of assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary.
For dates of death on or after July 1, 2000:
The tax rate imposed on the net value of transfers from a deceased child twenty-one years of age or younger at death to or for
the use of a natural parent, an adoptive parent, or a stepparent of the child is zero (0) percent [72 P.S. §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.
2n
REV-1502 EX+ (6-98)
SCHEDULE A
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN REAL ESTATE
RESIDENT DECEDENT
ESTATE OF FILE NUMBER
21-08-253
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.
(If more space is needed, insert additional sheets of the same size)
z~7
REV-1508 EX+(6-98) SCHEDULE E ~+//++
COMMONWEALTH OF PENNSYLVANIA CASH, BANK DEPOSITS, ~ M~SV.
INHERITANCE TAX RETURN PERSONAL PROPERTY
ESTATE OF FILE NUMBER
LOIS H ADAMS 21-08-253
Include the proceeds of litigation and the date the proceeds were received by the estate.
All orooertv jointly-owned with right of survivorship must be disclosed on Schedule F.
ITEM
VALUE AT DATE
1 Members 1st account no. 14668-11 137
2 2003 Buick Century, Kelley Blue Book valuation attached 6,500
3 Miscellaneous personal property and household goods 2,500
4 Real estate tax proration. See HUD-1 settlement statement attached. 922
5 Members 1st account no. 14668-00 5
6 Members 1st account no. 14668-05 3,447
7 Members 1st account no. 14668-40 1,085
TOTAL (Also enter on line 5, Recapitulation) $ I 14,596
(If more space is needed, insert additional sheets of the same size)
REV-1511 EX + (10-06)
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE H
FUNERAL EXPENSES ~
ADMINISTRATIVE COST;
ESTATE OF FILE NUMBER
LOIS H ADAMS 21-08-253
Debts of decedent must be re orted on Schedule I.
ITEM
NUMBER DESCRIPTION AMOUNT
A. FUNERAL EXPENSES:
1. Hollinger Funeral Horne 8,895
B.
1
State Zip
2. Attorney Fees
3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation)
Claimant
4.
5.
6.
7.
MINISTRATIVE COSTS:
Personal Representative's Commissions
Name of Personal Representative(s)
Street Address
City
Year(s) Commission Paid:
Street Address
City State
Relationship of Claimant to Decedent
Probate Fees
Accountant's Fees
Tax Return Preparer's Fees
senses of real estate sold
Zip
5,000
313
Included w/ Atty. Fee
Included w/ Atty. Fee
2,599
TOTAL (Also enter on line 9 Reca
(If more space is needed, insert additional sheets of the same size)
S 17
REV-1512 EX+ (12-03)
SCHEDULEI
COMMONWEALTH OF PENNSYLVANIA I DEBTS OF DECEDENT,
INHERITANCE TAX RETURN MORTGAGE LIABILITIES, ~ LIENS
ESTATE OF FILE NUMBER
~OIS H ADAMS 21-08-253
Report debts Incurred by the decedent prior to death which remained unpaid as of the date of death, including unreimbursed medical expenses.
(ir more space is needed, insert additional sheets of the same size)
z1~
REV-1513 EX+ (9-00)
SCHEDULE)
COMMONWEALTH OF PENNSYLVANIA I BENEFICIARIES
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
FILE NUMBER
LOTS H ADAMS
21-08-253
RELATIONSHIP TO DECEDENT AMOUNT OR SHARE
NUMBER NAME AND ADDRESS OF PERSON(S) RECENING PROPERTY Do Not L1st Trustee(s) OF ESTATE
I. TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under
Sec. 9116 (a) (1.2)]
1 LOIS A. BARNER DAUGHTER 0.13
2 ROBYN A. PORTER DAUGHTER 0.13
3 PAMELA C. RUTTER DAUGHTER 0.13
4 MARGIE A. SHENK DAUGHTER 13%
5. ALBERT E. ADAMS, III SON 13%
6. RICHARD E. ADAMS SON 13%
7. PAULA. ADAMS STEP-SON 13%
ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THR OUGH 18, AS APPROPRIATE, ON REV-1500 COVER SHEET
I I. NON-TAXABLE DISTRIBUTIONS:
A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE
B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS
1 Mt. Holly Springs United Methodist Church 10%
TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET $ 0
(If more space is needed, insert additional sheets of the same size)
Expenses of Real Estate Sold
Settlement costs from HUD-1 settlement statement 1,035
Met Ed 66
Shipley Oil 211
Met Ed 76
S. Middleton Munic. Auth 66
County & Township Real Estate Taxes 241
Met Ed 41
Met Ed 33
Met Ed 35
Erie Insurance 84
Erie Insurance ~~
Replacement Refrigerator 491
Met Ed 42
Met Ed 79
Total expenses of real estate sold 2.599
X kr>`RA Settlement Statement - U. 5. De artment of Housin and Urban Develo ment Form US HUD - 1 Pa a No. 1
2. Fm HA 6. File Number 7. Loan Number 8. Mortgage Insurance
3. Conv. Unins.
Case Number
a. vA RE3065 0088481205 441-aaa6663
5. Conv. Ins. ABST#6478
C. This form is furnished to give you a statement of actual settlement costs. Amounts paid to and by the settlement agent are shown. Items marked "(p.0.c.)" were paid outs,
the closing; they are shown here for informational purposes and are not included in [he totals. _ _
D. Name and Address of Borrower:
RICHARD E. ADAMS
301 WEST PINE STREET
MT. HOLLY SPRINGS, PA 17065
E. Name and Address of Seller:
ESTATE OF LOIS H. ADAMS
LOIS A. BARNER, EXECUTRIX
PAULA. ADAMS, EXECUTOR
F. Name and Address of Lender G. Property Location
PNC MORTGAGE, LLC 615 WOODLAND AVENUE, MT. HOLLY SPRINGS, PA 17065
ISAOA ATIMA SOUTH MIDDLETON TOWNSHIP
2710 5TH AVENUES CUMBERLAND COUNTY
MINNEAPOLIS, MN 55408 PART OF PARCEL NO. 40-30-2646-044
H. Buyer's Settlement Agent: Frey & Tilly Law OfflCe I. Settlement Date: Place of Settlement:
5 South Hanover St. ]uly 31, 2008 5 South Hanover Street
TIN 25-1730538 Carlisle, PA 17013 @ 9:30 A.M. Carlisle PA 17013
] SUMMARY OF BORROWER'S TRANSACTION K __ SUMMARY OF SELLER'S TRANSACTION
100 Gross Amount Due From Bortower a00 GrossAmount Due To Seller' " -
lol Contract sales price 124,000.00 aol Contract Sales puce 124,000.00
102 Personal property a02 Personal property
103 Settlement charges from (line 1400) 4,591.08 ao3
loo aoa
105 405
Adjustments for items paid by seller in advance: Adjustments for items paid by seller in advance:
106 City/town taxes 7/31/08 to 12/31/08 101.07 a06 City/town taxes 7/31/08 to 12/31/08 101.07
107 County taxes a07 County taxes
108 Assessments 408 ASSe55ment5
109 409
110 School taxes 7/31/08 to 6/30/09 821.24 a1o School taxes 7/31/08 to 6/30/09 821.24
111 411
112 412
120 Gross Amount Due~From Borrower 129,513.39 ago Gross amount Due to Seller 124,922.31
----------
200 Amounts Paid By Or In Befialf Of Borrower 500 Reductions In Amount DuesTo Seller
201 Deposit or earnest money 0.00 501 Excess deposit (see instructions)
202 Principal amount of new loan(s)*** Wire $118,932.54 122,084.00 502 Settlement charges to seller (line 1400) 1,035.19
203 Existing loan(s) taken subject [0 503 Existing loan(s) taken subject to
2aa 5oa Payoff of first mortgage loan
2os 505 Payoff of second mortgage loan
206 506
207 507
208 508
209 509
Adjustments for items upaid by seller Adjustments for items upaid by seller
210 City/town taxes 1/1/08 to 7/31/08 61o City/town taxes 1/1/OS to 7/31/08
2u County taxes 511 County taxes
212 Assessments 512 As5e55menC9
213 513
21a School taxes 7/1/08 to 7/31/08 51a School taxes 7/1/08 to 7/31/08
215 515
216 516
zv ASSIGNMENT FEE POCL s17
zle CREDIT PAID BY LENDER 27.00 sle
219 519
22o Total Paid ey/For Borrower 122,111.00 520 Total Reductions to Amt Due Seller 1,03$.19
----------
----------
300 Cash At Settlement FramfTO. Borrower. 600 CasfiAt Settfecnent To/From Seller:
301 Gross amount due from borrower (line 120) 129,513.39 601 Gross amount to seller from (line 420) 124,922.31
3oz Less amounts paid by/for borrower (from line 220) 122 111.00 602 Less reductions in amount due seller (from line 520): - 1 035.19
303 Cash (X) From ( ) To Borrower ~ 7,402.39 603 Cash ( )From (X) To Seller - 123,887.12
L. SETTLEMENT CHARGES Page No. 2
,Sates/Broker's Comm. basedon price: 124,000.00 @ % = 0.00 Paid From Paid From 700
Sion of Commission (line 700) as follows: Borrower's Setter's
to Funds at Funds at 701
to Settlement Settlement 702
J03
ommission paid at Settlement 0.00 7oa
tams Payable In Connection With Loan:
~ 705
eoo
Mortgage Amt: 122,084.00) Total charges, Lines 801 through 2,874.00
oan Origination Fee .000 % t0
oan Discount .000 °/a to
ppraisal Fee to RELS VALUATION ,
redit Report to RELS REPORTING
HA UPFRONT MIP PNC MORTGAGE, LLC
0.00
0.00
400.00
16.00
1,804.00
'INAL INSPECTION TO RELS VALUATION 135.00
'LOOD LIFE OF LOAN FEE TO WF INSURANCE 19.00
PROCESSING FEE TO PNC MTG 400.00
fNDERWRITING FEE TO PNC MTG 100.00
tams Required By Lender7o Be Paid In Advance:
nterest From 31-)u1-08 to 1-Aug-O$ @ 21.740 per day = 21.74
lortgage Insurance Premium for months to PNC MORTGAGE, LLC .0.20
iazard Insurence Premium tar 1 years to ERIE INSURANCE P.O.C.
years to PREMIUM OF $270
:eSerVES Dep05lted Wlth Lender:. Toot Rese rves, Lines1001 thorugh 1008: 255,52
7azard insurence 3 mos. @ $22.50 per month
tortgage insurance mos. @ per month
'ity property taxes mos. @ per month
.ounty property taxes 7 mos. @ $20.09 per month
.nnual assessments mos. @ per month
mos. @ per month
67.50
140.63
.chool taxes 2 mos. @ $85.17 Der month 170.34
'_ggregate Settlement Adjustment (122.95)
it{e Charges:..
Settlement ar closing fee to
.bstract or title search to
'itle examination to
itle insurance binder to
ocument preparation to FREY &TILEY
Mary fees to
torney's fees to FREY &TILEY
dudes above items numbers: )
le Insurance to FREY &TILEY (COMMONWEALTH LAND TITLE INS. C0.)
_ludes above items numbers: EXTENDED-NO REISSUE )
der's Coverage $ 122,084 Endorsements: 100, 300, 400
lets Coverage $ 124,000
OSING SERVICE LETTER TO COMMONWEALTH LAND TITLE INSURANCE CO.
ERNIGHT DELIVERY FEES TO FRE Y &TILEY
ernment Recording and Transfer Chargesc .Deed Rages: 0 Mtg'pages.:
^ding fees: Deed $40.50 Mortgage $50.50 Releases $
:ounty/stamp Deed EXEMPT Mortgage $
tax/stamps: Deed EXEMPT Mortgage $
'JRDING FEE 70 RECORDER OF DEED5
1,076.62
150.00
35.00
10.00
91.00
'GNMENT OF MORTGAGE RECORDING FEE TO RECORDER OF DEEDS 27.00 ~
tionai Settlement Charges:
to ~,
~pection to ~~
Taxes due from BorrowerlSelter to BOB C. CAIRNS, TAX COLLECTOR
IRONIC DELIVERY FEE TO FREY &TILEY 50.00
l SEWER CHARGES TO SMTMA -ACCT NO. 500317/WELL WATER ~
P.O.C.
RO.C.I
sat
aaa
soy
eaa
soy
I one
80~
80f
eos
su
av
?oc
901
90:
90:
90•
00!
I
lac
I loo
loo
lion
1101
1102
1103
iloa
uos
1106
1107
lloa
1109
1110
1111
luz
1113
L iZGO
1201
tzoz
1203
42.50 iz0a
1205
~i3Qa
11301
897.46 130
130
95.23 13a
Settlement Charges (enter onlines 103, Section ]and 502, Section K) 4,591.08 1,035.19 I
CERTIFICATION
I direct and authorize the Company to make distributions indicated far my account on the attached HUD-1 Settlement Statement, approving the tax prorations
indicated therein, and understand that prorations were based on figures for the preceding year, or estimates for the current year, and in the event of any change
far the current year, all necessary adjestments must be made between Seller and Borrower direct; likewise any DEFICIT in delinquent taxes will be reimbursed
to Attorney/Title by Seller.
I have carefully reviewed the HUD-1 Settlement Statement and to the best of my knowledge and belief, it is a true and accurate statement of all receipts and
disbursements made on my account or by me in this transaction. I further certify that I have received a copy of the HUD-1 Settlement Statement.
> >
i.4:~ A
RICHARD E. ADAMS ESTA,T~E OF LOIS H_,ADA(~F;S
LOIS A. BARKER, EXECUTRIX
To the best of my knowledge, the HUD-1 Settlement Statement which I have prepared is a true and accurate account of the funds which were received and have
been or will be disbursed by the undersigned as part of the settlement of this transaction,
~~~~ ~/ v ! .. /J
'/~~
Settl ' ent ent _ 4,~/F/
July 31. 2008
Date
WARNING: It is a crime to knowingly make false statements to the United States on this or any other similar farm. Penalties upon conviction can include fine
and imprisonment. For details see: Title 18 U.S. Code Section 1001 and Section 1010.
INFORMATION REPORTING ON REAL ESTATE TRANSACTIONS
THIS HUD SETTLEMENT STATEMENT CONTAINS IMPORTANT TAX INFORMATION (BOXES E, G, H, I, M AND LINE 401) AND SS BEING FURNISHED TO
THE INTERNAL REVENUE SERVICE. IF YOU ARE REQUIRED TO FILE A RETURN, A NEGLIGENCE PENALTY OR OTHER SANCTION WTLL BE IMPOSED
ON YOU IF THIS ITEM IS REQUIRED TO BE REPORTED AND THE INTERNAL REVENUE SERVICE DETERMINES THAT IT HAS NOT BEEN REPORTED.
Solicitation of TIN
Seller is required by law to provide the Attorney{Company with hisJher correct taxpayer identification number. If correct taxpayer identification number is not
provided, hejshe may be subject to civil or criminal penalties imposed by taw.
Certification of TIN
Under penalties of perjury, I certify [hat [he taxpayer identification number shown in this statement is my correct taxpayer identification number.
Seller Seller
TAX PRO-RATION ADDENDUM
Date Of Pro-Ration: BorrowerSeller
SCHOOL REAL ESTATE TAX Owes:
]ulv 31, 2008 from July 1, 2008 to June 30, 2009 i
School Real Estate Tax- Face $915.73 ~ ~ 897.a6
School Real Estate lax- Per Dav $2.50895 ~ ' {~
ASSESSMENT: , t '
COUNTY & MUNICIPAL TAX Owes
(`
Rom January 1, 2008 [o December 31, 2008 f
Co. &Munic. Real Estate Tax- Face $246Aa I P.O.Q.
Parcel No.: Co. +~ Munic. Real Estate Tax- Per Day $0.67403
See Settlement Sheet l
i
Lines tes
106 & 406, 110 & 410, School [axes P.O.C. or charged to Seller :
210 & 510, 214 & 514, a
School [axes P.O.C. or chargetl to Borrower
and 1303 for Co. &Munic. P.O.C. or charged to Seller : x
Results of this Addendum. Co. & Munit. P.O.C. or charged to Borrower
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Mileage: 80,000
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Drivetrain: FWD
Selected Equipment
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05/05/2008 11:32 AM
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TaxDB Result Details
Detailed Results for Parcel 40-30-2646-044. in the 2004 Tax Assessment Database
DistrictNo 40
Parcel ID 40-30-2646-044.
MapSuffix
HouseNo 61 ~
Direction
Street WOODLAND AVENUE
Ownerl ADAMS, ALBERT E JR
C/O
PropType R
PropDesc
LivArea 1152
CurLandVal 24010
CurImpVal 67630
CurTotVal 91640
CurPrefVal
Acreage .37
CIGrnStat
TaxEx 1
SaleAmt
SaleMo
SaleDa
SaleCe
SaleYr
DeedBkPage 0018N-0034
YearBlt 1954
HF File Date 11/02/2004
HF_Approval_Status A
05/05/2008 11:33 AM
http://taxdb.ccpa.net/details.asp?id=40-30-2646-044.&dbselect=l Page 1 of 1
LAST WILL AND TESTAMENT
OF
LOIS H. ADAMS
I> LOIS H. ADAMS widow, of South Middleton Township, Cumberland County,
Pennsylvania, (mailing address; 615 Woodland Avenue, Mount Holly Springs, PA
17065), being of sound and disposing mind, memory and understanding, do hereby make,
publish and declare this as and for my Last Will and Testament hereby revoking and
making void any and all Wills by me at any time heretofore made.
1. I direct my hereinafter named Executor or Executrices to pay all of my
just debts and funeral expenses as soon after my death as may be found convenient to do
so. I further direct that all inheritance, transfer, succession, estate and death taxes,
including interest and penalties thereon, which may be payable on account of my death
shall be payable from the residue of my estate regardless of whether the assets upon
which such taxes are based are included in my probate estate.
2. I declare that I am the widow of Albert E. Adams, Jr., and that I have six
children, LOIS A. BARNER, ROBYN A. PORTER, PAMELA C. RUTTER, MARGIE
A. SHENK, ALBERT E. ADAMS, III, and RICHARD E. ADAMS. I further declare
that I have one stepchild, PAUL A. ADAMS. It is my intent that my said stepchild shall
be treated as if he were a child of mine.
3. If at the time of my death I still owe my daughter, LOIS A. BARNER, the
sum of $3,000.00, the money is to be paid to her from the residue of my estate prior to
any gifts os devises which I have made below.
4. All of the rest, residue and remainder of my estate, real, personal and
mixed, and wheresoever the same may be situate, I give, devise and bequeath as follows:
(a) I give devise and bequeath 10% of the remainder of my estate to the
Mount Holly Springs United Methodist Church, 202 West Butler Street, Mount Holly
Springs, Pennsylvania.
(b) I give devise and bequeath 90% of the remainder of my estate in equal
shares to such of my children and stepchild as shall survive me by a period of ninety (90)
days, the share any deceased child would have received to pass to his or her issues, per
stirpes, and if there be no such issue such share shall lapse and be added to the remaining
share or shares. At the present time I have six (6) children, and one (1) stepchild as
aforementioned.
5. Should any person less than 21 years of age be entitled to distribution
from my estate, in such event the share that person would otherwise have received shall
be paid to my hereinafter named Executor in trust. I authorize the herein named Trustee
to receive and invest the same and to pay the income arising therefrom together with so
much of the principal thereof as in his or her opinion is necessary or desirable to be
expended for the proper maintenance, support and education of such person to or for the
benefit of such person and upon such person attaining 21 years of age to pay to him or
her the then remaining principal together with any undistributed income.
6. I hereby nominate, constitute and appoint my daughter, LOIS A.
BARNER, and my stepson, PAUL A. ADAMS as Co-Executors of this my Last Will and
Testament, but should either of them predecease me or fail to qualify as such, then the
surviving person shall act alone as Executor, and I further direct that neither of them shall
be required to post any bond to secure the faithful performance of his or her duties in the
Commonwealth of Pennsylvania or in any otherjurisdiction.
7. In addition to the powers conferred by law, my hereinbefore named
Trustees and Executors and their respective successors, are empowered:
a. To invest any part of the trust corpus in such securities,
investments, or other property as may be deemed advisable and proper, irrespective of
Page 1 of 3
~-JLLt.-
whether the same are authorized for the investment of trust funds under the laws of any
governing jurisdiction.
b. With respect to any corporation, the stocks, bonds, or other
securities of which may be held, to vote in person or by proxy on any shares of stock; to
consent to the merger, consolidation or reorganization of such corporations; to consent to
the leasing, mortgaging or sale of the property of any such corporations; to make any
surrender, exchange or substitution of such stocks, bonds or other securities as an
incident to the merger, consolidation or reorganization of such corporations; to pay all
assessments, subscriptions and other sums of money which may be deemed wise and
expedient for the protection and maintenance of the proportionate interest of the
investment in such corporations; to exercise any option or privilege which may be
conferred upon the holders of such stocks, bonds, or other securities of such corporations
either for the conversion of the same into other securities or for the purchase of additional
securities, and to make any and all necessary payments which may be required in
connection therewith; and generally to have and exercise as to all such stocks, bonds and
other securities, the powers of an individual owner who is not under trust obligation.
c. To hold the trust corpus in one or more consolidated funds in
which separate shares shall have undivided interests.
d. To sell at public or private sale for cash or upon credit, or partly
for cash and partly on credit, and upon such terms and conditions as shall be deemed
proper, any part or parts of the estate, and no purchaser at any such sale shall be bound to
inquire into the expediency or propriety of any such sale or to see to the application of the
purchase moneys arising therefrom.
e. To keep on hand and uninvested such money as may be deemed
proper and for such period as may be found expedient.
f. To compromise, settle or arbitrate any claim or demand in favor of
or against the trust estate.
g. And authorized in the discharge of fiduciary duties, to employ
counsel and to determine and to pay such counsel reasonable compensation which shall
6e charged against the principal or income of the trust fund, and shall further be entitled
to charge against the principal or income such other reasonable expenses and charges as
may be necessary and proper to incur for the proper discharge of fiduciary duties and for
the proper management and administration of the trust estate.
h. In making any division of property into shares for the purpose of
any distribution thereof directed by the provisions of the trust, to make such division or
distribution, either in cash or in kind, or partly in cash and partly in kind, as shalt be
deemed most expedient, and in making any division or distribution in kind may allot any
specific security or property or any undivided interest therein to any one or more of such
shares, and to that end may appraise any or all of the property so to be allotted and the
judgment as to the propriety of such allotment and as to the relative value for purposes of
distribution of the securities or property so allotted shall be final and conclusive upon all
persons interested in the trust or in the division or distribution thereof.
i. And authorized to register any shares of stock or other assets of
any trust in their own names or in the name of a nominee.
To retain and invest in shares of stock of my Trustee.
k. To retain any investments including mutual funds which I may
own at the time of my death and in addition to invest any part of the Trust corpus in such
mutual fund or mutual funds as may be deemed advisable or proper, irrespective of
whether the same are authorized for the investment of trust funds under the laws of any
governing jurisdiction.
I. To determine from time to time whether all or some portion of
realized capital gains shall be treated as ordinary income for distribution to a beneficiary
Page 2 of 3
or treated as principal to be retained as part of the corpus, and such designation need not
be consistent from one year to another.
IN WITNESS WHEREOF, I have hereunto set my hand and seal to this my Last
Will and Testament written on three (3) pages, this ~~ 1~day of S'v ~ c., , 2007.
~~~ .C/ • liLGl~ir~'1/-I (SEAL)
LOIS H. ADAMS
Signed, sealed, published, and declared by LOIS H. ADAMS the Testatrix above
named, as and for her Last Will and Testament, in our presence, who, in her presence, at
her request, and in the presence of each other, have hereunto subscribed our names as
attesting witnesses.
j~+~5 ~a+
Page 3 of 3
Sew Inquires to:
5000 Loofas Drive
PO Box 40
Mechanicsburg, PA 17055
www.membersl8LOrg
Main Switchboard: (717) 697-1 i 61 or (800) 283-2328
f;2 Call: (717) 697-4372 or (800) 283-4372
TDD: (717) 697-5312 or (800) 283-2328 ext. 5312
TeleBranch: (717)795-6049 or (800)237-7288
Statement of Accounts
Jan 25, 2008 thru Feb 24, 2008
Account Number: 14668
Account Balances at a Glance
Checking : 137.36
Savings : 5.00
Certificates : 1,085.12
Loans: 0.00
Money Management : 3 ,447.32
2408 1 AV 0.312 4815-2408
* a~ I~r~lllr~~lll~~~~llr~~lrl~r~rlllrlrr~~ll~lrrrl~rrll~lrlrrl~lrl
LOTS H ADAMS
N 615 WOODLAND AVENUE
~ MT HOLLY SPGS PA 17065-1937
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Page : 1 of 2
Your current Member Loyalty Reward level is Silver
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CHECKING ACCOUNTS
11 -CHECKING
Date Transaction DescriDlion Adc~ons Subtractions Balance
.Aan 25 Baaixaa<3 ForfWamr 1, 075.41
Jan 28 Check 000130 Tracer 0001368069 50.00- 1,025.41
Jan 30 Withdrawal 37.00- 986.41
Feb 01 Deposit Transfer From Share 00 699.34 1,687.75
Feb 05 Withdrawal Members 1st Online Transfer 373.3x- 1,314.40
To Loan 4287590000146684 VISA PAYMENT TO 4287590000146684
Feb 05 Withdrawal ACH FIRSTENERGY OPCO 51.75- 1,262.65
TYPE: FE ECHECK lD: 1341968288 DATA: DIRECT DEBITING
CO: FIRSTENERGY OPCO
Feb 06 Check 000138 Tracer 0001025884 10.00- 1,252.65
Feb 07 Withdrawal ACH Kohl's 76.34- 1,176.31
TYPE: ACH Paymnt ID: 1133357362 CO: Kohl's
Feb 08 Check 00013.9 Tracer 0001152843 23.00- 1.153:31
Feb 09 Withdrawal at ATM #Ki34604 200.00- 953.31
ATM RGNUMAC M&T 420 NORTH BALT MT HOLLY SPRG PA
Feb 11 Withdrawal 11.00- 942.31
Feb 11 Withdrawal ACH JCPenney CC 13.54- 928.77
TYPE: JCP SPAY ID: 9069672103 CO'. JCPenney CC
Feb 20 Check 000140 Tracer 0001205901 115.00- 813.77
Feb 22 Check 000143. Tracer 0001170944 16.00- 797.77
Feb 24 Withdrawal Members 1st Online Transfer 483.50- 314.27
To Loan 4287590000146684 VISA PAYMENT 70 4287590000146684
Feb 24 Withdrawal Members 1st Online Transfer To Share 05 214.27- 100.00
Feb 24 Deposit Members 1st Online Transfer From Share 05 31.36 131.36
Feb 24 Deposit Members 1st Online Transfer' From Share 05 6.00 137.36
Feb 24 Ending Balance 137.36
CHECK SUMMARY
Check # Amount Date Check # Amount Date
000130 50.00 Jan 28 000140 115.00 Feb 20
000138' 10.00 Feb 06 000143` 16.00 Feb 22
000139 23.00 Feb 08
' Astenisk next ;b number srdr~tes skip an number sequence
--- Continued on following page ---
Send Inquires to: li~in SwiEchltoard: (717} 697-1161 or (800) 283-2328
5t 5000 Louise Drive
Ez ~: (717} 697-4372 or (e0o} 2s3-x372
.1~ 25 , 2008 tl~ru Feb 24. 2008
Po sox ao
TDD: (717) 697-5312 or (800) 283-2328 ext. 5312 aa~sa+us Aooourit Number: 14668
Mechanicstwrg, PA 17055
TeleBrench: (717) 795-604s or (800) 237-7288
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Page: 2 of 2
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MEMBERS P www.mem
5 Chedrs G'l~ared fir 214. DO
~~
SAVINGS ACCOUNTS
00 -REGULAR SAVINGS -
Date Transaction Description Adddiorts ~ ~~ -
* ~
~ Jan 25 Ba,~ance Forward 162.36
~ Jan 31 Deposit Dividend 1.0009'0 0.25 162.61
~
Annual Perrae~ntage Y"veld Famed 1.010% from 01/O1/2i0lAB Unougth 01/31/2gQ8
'~ Feb 01 Deposit ACH CIVIL SERV ~•~ 861.95
ID: 3121736156 CO: CIVIL SERV
'~ Feb 01 Withdrawal Transfer To Share 11 699.34' 162.61
+ ~ .Feb 24 Withdrawal Members 1st Online Transfer To Share 05 157.61- 5.00
Feb 24 Enditg BaAairce 5.00
02 -HOLIDAY CLUB
Date Trarisactiort Description Additior~ ~ ~~
.Aan 25 Balance Fonvaml 0.00
Feb 24 Ending BaAan[ae 0.00
05 -MONEY MANAGEMENT
Date Transaction Description Additions Subtractions Balance
Jan 25 Ba/anrae Forward 3 ,107.79
Jan 31 Deposit Dividend Tiered Rate 5.01 3,112.80
Annual Percenbge YFeld Earned 2.0003b from Ol/01/2A08 through 01/31/2YX~tB
Feb 24 Deposit Members 1st Online Transfer From Share 00 157.61 3,270.41
Feb 24 Deposit Members 1st Online Transfer From Share 11 214.27 3.484.68
Feb 24 Withdrawal Members 1st Online Transfer To Share 11 31.36- 3,453.32
Feb 24 Withdrawal Members 1st Online Transfer To Share 11 6.00- 3,447.32
Feb 24 End~g Balance 3,447.32
CERTIFICATE ACCOUNTS
40 -11 MONTH CERT Maturity Date -Mar 29, 2008
Date Transaction Descripton Additions Subtractions Balance
Jan 25 Balance Forward 1~080•~
Jan 31 Deposit Dividend 4.890% 4.49 1,085.12
Annual Percentage Yield Famed 5. t~IAO% from 01/0111+A08 dhmt~h 09/31/2008
Feb 24 End~g Ba/anae 1,085.12
YTD SUMMARIES
TOTAL DNIDENDS PAID
00 REGULAR SAVINGS 0.25
02 HOLIDAY CLUB 0.00
05 MONEY MANAGEMENT 5.01
11 CHECKING 0.00
40 11 MONTH CERT .4.49
Total Year To Date Dividends Paid
NOTE: Total includes closed shares
9.75
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