HomeMy WebLinkAbout03-0619Register of Wills of Cumberland County, Pennsylvania
PETITION FOR GRANT OF LETTERS
Estate of MAURICE A. JOHN
also known as Maurice John
Barbara A. Whetstone
No.
Deceased
Social Security No. 420-34-4375
Petitioner(s), who is/are 18 years of age or older, apply(les) for:
(COMPLETE "A" OR "B" BELOW:)
A. Probate and Grant of Letters and aver that Petitioner(s) is/are the executrix
Decedent, dated September 9, 1992
named in the Last Will of the
and codicil(s) dated
Decedent's spouse, Marion L. John died November 26, 1998
State relevant circumstances, e.g., renunciation, death of executor, etc.
Except as follows, Decedent did not marry, was not divorced, and did not have a child born or adopted after execution of the documents offered for
probate; was not the victim of a killing and was never adjudicated incompetent: NO EXCEPTIONS
[ B. Grant of Letters of Administration
(d.b,n.c.t,a,: pendente lite; durante absentia; durante minoritate)
Petitioner(s) after a proper search has/have ascertained that Decedent left no Will and was survived by the following spouse (if
any) and heirs:
Name Relationship Residence I
(COMPLETE IN ALL CASES:) Attach additional sheets if necessary.
Decedent was domiciled at death in Cumberland County, Pennsylvania, with his/her last family or principal residence
at 4833 Trindle Road, Hampden Township, Mechanicsburg, Pennsylvania
(list street, number and municipality)
Decedent, then 92 years of age, died July 7 2003, at Hospice House, Susquehanna Twp., Dauphin Co. PA
(Location)
Decedent at death owned property with estimated values as follows:
(If domiciled in PA) All personal property ................................................................ $ 475,000
(If not domiciled in PA) Personal property in Pennsylvania ............................................... $
(If not domiciled in PA) Personal property in County ....................................................... $
Value of real estate in Pennsylvania ................................................................................................... $
Total ................................................................................................................................ $ 475,000
Real Estate situated as follows:
Wherefore, Petitioner(s) respectfully request(s) the probate of the last Will and Codicil(s) presented with this Petition and the grant of letters in the
appropriate form to the undersigned:
I Sicjnature Typed or printed name and residence
Barbara A. Whetstone
324 Evercjreen Street
New Cumberland, PA 17070
Form RW-1 Page 1 of 2 )Cumberland County) - Rev. 9/92
BUREAU OF INDIVIDUAL TAXES
TNHERZTANCE TAX DIVISION
DEPT. 280601
HARRTSBURG.. PA 171Z8-0601
COMMONNEALTH OF PENNSYLVAN'rA
DEPARTMENT OF REVENUE
ZNHERZTANCE TAX
STATEMENT OF ACCOUNT
REV-Z[O? EX AFP C01-05)
RICHARD N STEVENSON
HCNEES ETAL
PO BOX 1166
HBG PA 1%~08
DATE 06-07-200q
ESTATE OF JOHN
DATE OF DEATH 07-07-Z005
FZLE NUMBER Z1 05-0619
COUNTY CUHBERLAND
ACN 101
Amount Rem/'l:ted
MAURICE A
MAKE CHECK PAYABLE AND REMZT PAYMENT TO:
REGISTER OF NILLS
CUMBERLAND CO COURT HOUSE
CARLISLE, PA 17013
NOTE: To insure proper credit to your account, subm/t the upper portion of this fore with your tax payment.
CUT ALONG THZS LINE ~ RETA'rN LONER PORTION FOR YOUR RECORDS ~
ESTATE OF JOHN MAURICE A F'rLE NO. 21 05-0619 ACH 101 DATE 06-07-200q
THIS STATEMENT IS PROV'rDED TO ADVISE OF THE CURRENT STATUS OF THE STATED ACN TN THE NAMED ESTATE. SHONN BELON
IS A SUMMARY OF THE PRINCIPAL TAX DUE, APPLICAT'rON OF ALL PAYMENTS, THE CURRENT BALANCE, AND, IF APPL/CABLE,
A PROJECTED INTEREST FIGURE.
DATE OF LAST ASSESSMENT OR RECORD ADJUSTMENT: 05-$1-200q
PRINCIPAL TAX DUE: ...........................................................................................................................................................................................................................
PAYMENTS (TAX CREDITS):
27,$65.66
PAYMENT RECEIPT DISCOUNT ¢+)
DATE NUMBER INTEREST/PEN PAID (-) AMOUNT PAID
1,$68.18
10-06-2005
05-2q-200q
CD00$09Z
REFUND
.O0
26,000.00
q.52-
IF PAID AFTER THIS DATE, SEE REVERSE
SIDE FOR CALCULATION OF ADDITIONAL INTEREST.
IF TOTAL DUE IS LESS THAN $1,
NO PAYMENT IS REQUIRED.
IF TOTAL DUE IS REFLECTED AS A "CREDIT"
TOTAL TAX CREDZT 27,$65.66
BALANCE OF TAX DUE .00
ZNTEREST AND PEN. .00
TOTAL DUE .00
YOU MAY BE DUE A REFUND. SEE REVERSE STDE OF THIS FORM FOR INSTRUCTIONS. )
PAYMENT:
Omtach the top portion of this Notice and submit with your payment made payable to the nome and address
printed an the reverse side.
-- If RESIOENT DECEDENT make check or money order payable to: REGISTER OF WILLS, AGENT.
-- If NON-RESIDENT DECEOENT make check or money order payable to: COMMONWEALTH OF PENNSYLVANIA.
REFUND
REPLY TO:
DISCOUNT:
PENALTY:
A refund of a tax credit, which was not requested on the Tax Return, may bm requested by completing an
"Application for Refund of Pennsylvania Inheritance and Estate Tax" (REV-1515). Applications are available at
the Office of the Register of Hills, any of the Z5 Revenue District Offices or free the Department's Zq-hour
answering service for forms ordering: 1-800-56Z-Z050~ services for taxpayers with special hearing and / or
speaking needs: 1-800-4~7-50Z0 (TT only).
guestions regarding errors contained on this notice should be addressed to: PA Department of Revenue, Bureau
of Individual Taxes, ATTN: Post Assessment Review Unit, Dept. Z80601, Harrisburg, PA 171Z8-0601, phone
(717) 787-6505.
If any tax due is paid within three (5) calendar months after the dscedent's death, a five percent (Si) discount
of the tax paid is allowed.
The 15Z tax amnesty non-participation penalty is computed on the total of the tax and interest assessed, and not
paid before January 18, 1996, the first day after the end of the tax amnesty period.
INTEREST:
Interest is charged beginning with first day of delinquency, or nine (9) months and one (1) day from the date of
death, to the date of payment. Taxes which became delinquent before January l, 198Z bear interest et the rate of
six [6Z) percent per annum calculated at a daily rate of .000164. Al1 taxes which became delinquent on and after
January 1, 19BZ will bear interest at a rate which will vary from calendar year to calendar year with that rate
announced by the PA Department of Revenue. The applicable interest rates for 198Z through 200q are:
Interest Doily Interest Daily Interest Daily
Year Rate Factor Year Rate Factor Year Rate Factor
198Z ZOZ .000548 1988-1991 11Z .000501 ZOO1 9Z .O00Z~7
1965 16Z .000q58 1992 9Z .OOOZq7 ZOOZ 6Z .OO016fi
198q 112 .O0050X 1995-199~ 7X .O0019Z 2005 SZ .000157
1985 lSZ .000356 1995-1998 9Z .O00Z~7 2004 qZ .000110
1986 IOZ .000Z74 1999 7Z .00019Z
1987 9Z .O00Zfi7 2000 8Z .000219
--Interest is calculated as follows:
INTEREST = BALANCE OF TAX UNPAID X NUI~BER OF DAYS DELINI;~UENT X DAILY INTEREST FACTOR
--Any Notice issued after the tax becomes delinquent will reflect an interest calculation to fifteen (1S) days
beyond the date of the assessment. If payment is mode after the interest computation date shown on the
Notice, additional interest must be caZculated.
STATUS REPORT UNDER RULE 6.12
Name of Decedent: MAURICE A. JOHN Date of Death: July 7, 2003
Will No. Admin No. 2003-00619
Pursuant to Rule 6.12 of the Supreme Court Orphans' Court Rules, I report the following with
respect to completion of the administration of the above-captioned estate:
1. State whether administration of the estate is complete: Yes x No
2. If the answer is No, state when the personal representative reasonably believes that the
administration will be complete:
If the answer to No. 1 is Yes, state the following:
a. Did the personal representative file a final account with the Court?
Yes No ×
b. The separate Orphans' Court No. (if any) for the personal representative's account is:
Date:
c. Did the personal representative state an account informally to the parties in interest?
Yes No
d. Copies of receipts, releases, joind~"-a~d approvals of/for~mal or informal accounts
may be filed with the Clerk of the ~,~/,s' Court and ~ a~ached to this report,i
RiChard W. StevensoWEsq.
McNees Wallace & Nudck LLd
100 Pine St., P.O. Box1166
Harrisburg, PA 17108
(717) 237-5 208
Capacity: Counsel for Personal Representative
{A237522:}
Oath of Personal Representative
Commonwealth of Pennsylvania
County of Cumberland
The Petitioner(s) above-named swear(s) and affirm(s) that the statements in the foregoing Petition are true and
correct to the best of the knowledge and belief of Petitioner(s) and that, as personal representative(s) of the Decedent,
Petitioner(s) will well and truly administer the estate according to law.
Sworn to and affirmed and subscribed
Barbara A. Whetstone
before me this ~ OL~V~ day of
uly 2003
Estate of Maurice A. John Deceased
Social Security No: 420-34-4375 Date of Death July 7, 2003
AND NOW, July ~C_~¼ r 20 03, in consideration of the Petition on the
reverse side hereon, satisfactory proof having been presented before me,
IT IS DECREED that Letters [] Testamentary [] of Administration
d,b,n,c,t.; pendente lite; durante absentia; durante minoritate
are hereby granted to Barbara A, Whetstone
in the above estate and that the instrument(s) dated September 9, 1992
described in the Petition be admitted to probate and filed of record as the last Will of Decedent.
FEES
Letters ...........................
Short Certificate(s)....~. .....
Renunciation ..................
Affidavit ( ) .................
Extra Pages (-.~) ............
Codicil ..........................
JCP Fee ........................
Inventory .......................
Other ............................
TOTAL ................
' - -Register of Wills
Attorney: Richard W. Stevenson
$ I.D. No 71 20
Address:McNees Wallace & Nurick LLC
100 Pine St., P.O. Box 1166, Harrisburg, PA 17108
Telephone: 717-237-5208
Form RW-1 Page 2 of 2 {Cumberland County) - Rev, 9/92
his is to certify that the infbrmation here given is correctly copied fi'om an original certificate of death duly filed with me as
Local Registrar. The original certificate will be forwarded to the State Vital Records Office for permanent filing.
WARNING: It is illegal to duplicate this copy by photostat or photograph.
Fee for this certificate, $2.00
,-/,'"'~-~'/,~
No. ~ Date
COMMONWEALTH OF PENNSYLVANIA · DEPARTMENT OF IIEALTH · VITAL RECORDS
CERTIFICATE OF DEATH
~ i£fi[ b7 ~--EC/~;;;' ~7,F.,~' ~ .................................................. s ~f[ ~,tr ~u~,~
~ ~ .... ~ -~ ---- ~ .......... s~ tT;~[~ ..............
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-~ - a. ma~e ~ ~2
.. j~. I ~. j~. nosplce ~ouse I
,,.. arcnmcect I,[9. Architecture I,,. - / ,,,,a, I a ~,,~s., I
4833 Trindle Road n~s~o~ .............. ,.~.,
,.. Jeremiah Walter John JMOrHER'S NA~4E
iNFOrl~.~N-i--SNA--~i!frypwp.,,~l _~. Margaret Clarissa Flanagan
20~_.Barbara ~n ~etstone 0~. 324 Evergreen Street, New Cumberland, PA 17070
~..,*,,[:1 ~,,.,~s~<,,~ __1::1.,~ July 9. 2003 ,.Yorkto~e Crematory ~ York. PA 17404
~,?z~''''~''~°"'';' ....~'~ '' -'~,,;~,~,~,~ .... ,~, .... ~=7~...~-;-.7, ~-Z ~ i~r.u, pox ~31, New Cumberland, PA 17070-0431
c,m~ cau~ o ~am J(S,
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8-.31-92
WILL
OF
MAURICE A. JOHN
I, MAURICE A. JOHN, presently of Dauphin County,
Pennsylvania, declare this to be my will and hereby revoke all
prior wills and codicils made by me.
1. Tanqible Personal Property. I bequeath such items of
my tangible personal property as are specifically itemized on a
list, if any, in my handwriting, signed and dated by me at the
end thereof, and attached to this, my Will, to the person(s)
named thereupon to receive such items, and all of my remaining
tangible personal property not used in business or for the
production of income, including, without limitation, furniture,
furnishings, clothing, jewelry, objects of art and decoration,
and the like, and any motor vehicles which I own, together with
the insurance thereon, I bequeath to my wife, Marion L. John, if
she survives me, and if my wife does not survive me, I bequeath
such property to my daughter, Barbara A. Whetstone, and if she
does not survive me, per stirpes among those of her issue who
survive me.
2. Residue. I bequeath, devise, and appoint all the rest
of my property, of whatever nature and wherever situated,
including property over which I hold a power of appointment
(except that I do not exercise any power of appointment given to
me by my wife), to the then Trustee(s) under an Estate Plan
Agreement of Trust executed by me as Settlor thereof on
September 9, 1992, to be held by said Trustee(s) and added to and
administered as part of the trust established by said Agreement.
Said trust is in existence as of the date of execution of this
will, and it is my intention, if necessary to validate the
foregoing gift to the Trustee(s), to incorporate herein by
reference its terms and any amendments thereto.
3. Survival. If my wife and I should die under such
circumstances that it cannot be determined which of us survived,
my wife shall be deemed to have survived me for all purposes
hereunder. If any other beneficiary should die within sixty (60)
days after me, he or she shall be deemed to have predeceased me
for all purposes of this will.
4. Spendthrift Clause. No interest (whether in income or
principal, whether or not a remainder interest, and whether
vested or contingent) of any beneficiary hereunder shall be
subject to anticipation, pledge, assignment, sale or transfer in
any manner, nor shall any beneficiary have power in any manner to
charge or encumber his or her said interest, nor shall the said
interest of any beneficiary be liable or subject in any manner
while in the possession of my fiduciaries for any liability of
such beneficiary, whether such liability arises from his or her
debts, contracts, torts, or other engagements of any type.
5. Facility of Payment for Minors or Incompetents. Any
amounts or assets which are payable or distributable to a minor
or incompetent hereunder may, at the discretion of my
fiduciaries, be paid or distributed to the parent or guardian of
such minor or incompetent, to the person with whom such minor or
incompetent resides, or directly to such minor or incompetent, or
may be applied for the use or benefit of such minor or
incompetent.
6. Powers. In addition to such other powers and duties as
may be granted elsewhere herein or which may be granted by law,
my fiduciaries hereunder shall have the following powers and
duties, without the necessity of notice to or consent of any
court:
(a) To retain all or any part of my property, real or
personal, in the form in which it may be held at the time of its
receipt, including any closely held business in which I have an
interest and the stock of any corporate fiduciary hereunder, as
long as in the exercise of their discretion it may be ad~'i, sable
so to do, notwithstanding that said property may not be of a
character authorized by law.
(b) To invest and reinvest any funds held hereunder in
any property, real or personal, including, but not by way of
limitation, bonds, preferred stocks, common stocks and other
securities of domestic or foreign corporations or investment
trusts, mortgages or mortgage participations, mutual funds with
or without sales or redemption charges, and common trust funds,
even though such property would not be considered appropriate or
legal for a fiduciary apart from this provision.
(c) To sell, convey, exchange, partition, give options
to buy or lease upon, or otherwise dispose of any property, real
or personal, at the time held by them, at public or private sale
or otherwise, for cash or other consideration or on credit, and
upon such terms and for such price as they may determine, and to
convey such property free of all trusts.
(d) To borrow money from any person, including any
fiduciary hereunder, for any purpose in connection with the
- 2 -
administration hereof, to execute promissory notes or other
obligations for amounts so borrowed, to secure the payments of
such amounts by mortgages or pledges of any property, real or
personal, which may be held hereunder.
(e) To make loans, secured or unsecured, in such
amounts, upon such terms, at such rates of interest, and to such
persons, firms, or corporations as they may deem advisable.
(f) To renew or extend the time for payment of any
obligation, secured or unsecured, payable to or by them as
fiduciaries, for as long a period or periods of time and on such
terms, as they may determine, and to adjust, settle, and
arbitrate claims or demands in favor of or against them.
(g) In dividing or distributing any property, real or
personal, included herein, to divide or distribute in cash, in
kind, or partly in cash and partly in kind.
(h) Without limitation of powers elsewhere granted
therein, to hold, manage and develop any real estate which may be
held by them at any time, to mortgage any such property in such
amounts and on such terms as they may deem advisable, to lease
any such property for such term or terms and upon such conditions
and rentals as they may deem advisable, whether or not the term
of any such lease shall exceed the period permitted by law or the
probable period of retention under this instrument; to make
repairs, replacements and improvements, structural or otherwise,
in connection with any such property, to abandon any such
property which they may deem to be worthless or not of sufficient
value to warrant keeping or protecting, and to permit any such
property to be lost by tax sale or any other proceedings.
(i) To employ such brokers, banks, custodians,
investment counsel, attorneys, and other agents, and to delegate
to them such duties, rights and powers as they may determine, and
for such periods as they think fit.
(j) To register any securities at any time in their
own names, in their names as fiduciary, or in the names of
nominees, with or without indicating the trust character of the
securities so registered.
(k) With respect to any securities forming a part of
the trust, to vote upon any proposition or election at any
meeting of the corporation issuing such securities, and to grant
proxies, discretionary or otherwise, to vote at any such meeting;
- 3 -
to join or become a party to any reorganization, readjustment,
merger, voting trust, consolidation or exchange, and to deposit
any such securities with any committee, depository, trustee or
otherwise, and to pay out of the assets held hereunder, any fees,
expenses and assessments incurred in connection therewith, to
exercise conversion, subscription or other rights, and to receive
or hold any new securities issued as a result of any such
reorganization, readjustment, merger, voting trust,
consolidation, exchange or exercise of conversion, subscription
or other rights and generally to take all action with respect to
any such securities as could be taken by the absolute owner
thereof.
(1) To engage in sales, leases, loans, and other
transactions with the estate of my wife or any trust established
by either of us, even if they are fiduciaries or beneficiaries
thereof.
(m) To exercise all elections which they may have with
respect to income, gift, estate, inheritance and other taxes,
including without limitation execution of joint income tax
returns, election to deduct expenses in computing one tax or
another, election to split gifts, and election to pay or to defer
payment of any tax, in all events without their being bound to
require contribution from any other person.
(n) To operate, own, or develop any business or
property held hereunder in any form, including without limitation
sole proprietorship, limited or general partnership, corporation,
association, tenancy in common, condominium, or any other,
whether or not they have restricted or no management rights, as
they in their discretion think best.
7. Taxes. I direct that all estate, inheritance, and
succession taxes that may be assessed in consequence of my death,
of whatever nature and by whatever jurisdiction imposed, shall be
paid out of the principal of my probate estate to the same effect
as if said taxes were expenses of administration, except that any
such taxes (and interest and penalties thereon) imposed on
account of my interest in or power over any trust established by
my wife, shall be paid out of the property held in such trust,
and all other property includible in my taxable estate for
federal or state tax purposes, whether or not passing under this
will, shall be free and clear thereof; provided, however, that my
executor(s) may in the discretion of my executor(s) request that
any portion or all of said taxes (to be paid out of the principal
of my general estate) shall instead be paid out of the principal
- 4 -
of any trust established by me, to the extent expressly
authorized under the terms of said trust.
8. Gender. Unless the context indicates otherwise, any
use of either gender herein shall also include the other gender.
9. Fiduciaries. I appoint my wife as Executrix hereunder,
and if she is unable or unwilling so to serve, or to continue so
serving, my daughter shall serve in her place, and if my daughter
is unable or unwilling so to serve, or to continue so serving,
Merrill Lynch Trust Company of America shall serve as executor
hereunder.
My fiduciary(s) hereunder shall serve as guardian(s) of the
property of any minor beneficiaries hereunder, under any
instrument of trust executed by me, under any policies of
insurance on my life, and in any other situation in which the
power to make such appointment exists under the laws of
Pennsylvania.
No individual fiduciary shall be liable for the acts,
omissions or defaults of any agent appointed and retained with
due care or of any co-fiduciary.
No fiduciary named herein shall be required to furnish bond
or other security for the proper performance of his duties
hereunder.
IN WITNESS WHEREOF, I, MAURICE A. JOHN, herewith set my hand
to this, my last Will, typewritten on six (6) sheets of paper
including the self-proving attestation clause and signatures of
witnesses, this ~ day of~~ , 1992.
MAURICE A?/JOHN
(SEAL)
Witnessed:
residing at
residing at
residing at
- 5 -
COMMONWEALTH OF PENNSYLVANIA :
COUNTY OF :
SS:
MAURICE A. JOHN (the testator),~ ~/ ~. ~..~~' ~
~/'~ ~, f~C CO~ , and ~l~C~c~ '~. ~ff~f~ (the
witnesses), whose names are signed to the foregoing instrument,
being first duly sworn, each hereby declares to the undersigned
authority that the testator signed and executed the instrument as
his last will in the presence of the witnesses 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 witness and that to the best of his or her
knowledge the testator was at that time eighteen years of age or
older, of sound mind and under no constraint or undue influence.
WITNESS
TESTATOR:
MAURICE A.
WITNESS: WITNESS:
Subscribed, sworn to and acknowledged before me by MAURICE A.
JOHN, the testator, and subscribed and sworn before me
%~,~ha "~. A-~-'~ , the witnesses, this~/~-- day
of ~f~ , 1992.
Notary Public
(SEAL)
- 6 -
i NOTARIAL SEAL
Judith A. Nordstrom, ~mU Public
Harrisburg, PA Dauphin County
Y Commission Expires Sept. 21,1993j
CERTIFICATION OF NOTICE UNDER RULE 5.6(a)
Name of Decedent: MAURICE A. JOHN, also known as MAURICE JOHN
Date of Death: July 7, 2003
Will No.: Admin. No.: 2003-00619
To the Register.
I certify that the Notice of Estate Administration required by Rule 5.6(a) of the Orphans'
Court Rules was mailed or delivered to the following heirs and beneficiaries of the above-
captioned estate on AuAus~: 21, 2003:
Barbara A. Whetstone
324 Evergreen Street
New Cumberland, PA 17070
Notice has now been given to all persons entitled ~he¢o under Rule 5.60(a) except N/A.
I /
ard W. Steve
McNEES WALLACE & NURICK LLC
100 Pine Street, P.O. Box 1166
Harrisburg, PA 17108
(717) 237-5208
Counsel for personal representative
McNees
Wallace & Nurick,,c
attorneys at law
LINDA M. ESHELMAN
ESTATE PARALEGAL
DIRECT DIAL: (717) 237-5210
E-MAIL ADDRESS: LESHELMAN~MWN.COM
October 6, 2003
VIA CERTIFIED MAIL
Office of Register of Wills
Cumberland County Courthouse
One Courthouse Square
Carlisle, PA 17013
RE:
Estate of Maurice A. John, also known as Maurice John
PA Inheritance Tax - 3 month payment
Our File No.: 21927-0001
Ladies and Gentlemen:
Enclosed is a check for the above-referenced estate's three (3) month inheritance tax
payment.
Thank you.
Estate Paralegal
Enclosure
c: Barbara A. Whetstone
100 PINE STREET · PO BOX 1166 · HARRISBURG, PA 17108-1166 · TEL: 717.232.8000 · FAX: 717.237.5300 · WWW. MWN.COM
HAZLETON, PA · STATE COLLEGE, PA · COLUMBUS, OH · WASHINGTON, DC
100 PINE STREET
P.O. BOX 1166
HARRISBURG, PA 17108-1166
7160 3901 9844 1911 0851
First Class Mail
OFFICE OF REGISTER OF WILLS
CUMBERLAND cOUNTY COURTHOUSE
ONE COURTHOUSE SQUARE
CARLISLE PA 17013
REV-1500 EX (6-00)
COMMONWEALTH OF
PENNSYLVANIA
DEPARTMENT OF REVENUE
DEPT. 280601
HARRISBURG, PA 17128-0601
I-'
UJ
[u
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LU
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REV-1500
INHERITANCE TAX RETURN
RESIDENT DECEDENT
DECEDEN'I'S NAME (LAST, FIRST, AND MIDDLE INITIAL)
John, Maurice
DATE OF DEATH (MM-DD-YEAR) I DATE OF BIRTH (MM-DD-YEAR)
07/07/2003 I 5/23/1911
(IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST, AND MIDDLE INITIAL)
~ 1. Original Return
~'~1 4. Limited Estate
~ 6. Decedent Died Testate (Attach copy of W~II)
r-'--] 9. Litigation Proceeds Received
OFFICIAL USE ONLY
rILE NUMBER
21 -- 03 0619
COUNTY CODE YE,N~ NUMBER
SOCIAL SECURITY NUMBER
420-34-4375
THIS RETURN MUST BE FILED IN DUPUCATE WITH THE
REGISTER OF WILLS
SOCIAL SECURITY NUMBER
I I 2. Supplemental Return ~--] 3. Remainder Return (date of death prior to 12-13-82)
~ 4a. Future Interest Compromise (date of death after 12-12-82) ~ 5, Federal Estate Tax Return Required
[~ 7. Decedent Maintained a Living Trust (Attach copy of Trust) --1 8, Total Number of Safe Deposit Boxes
[-'--] 10. Spousal Poverty Credit (date of death between 12-31-91 and 1-1-95} ~ 11, Election to tax under Sec. 9113(A) (Attach Sch O)
THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO:
NAME COMPLE'[E MAILING ADDRESS
Richard W. Stevenson, Esq.
FIRM NAME (If Applicable) 100 Pine Street
McNees Wallace & Nurick LLC P.O. Box 1166
TELEPHONE NUMBER Harrisburg, PA 17108
717-237-5208
OFFICLAL USE ONLY
437,206.
0.0~
1. Reel Estate (Schedule A) (1) 0.00
2. Stocks and Bonds (Schedule B) (2)
3. Closely Held Corporation, Partnership or Sole-Proprie{omhip (3)
4. Mortgages & Notes Receivable (Schedule D) (4) 0.0~
5. Cash, Bank Deposits & Miscallaneous Personal Property
(Schedule E) (5) 22 ~ 209.09
6. Jointly Owned Property (Schedule F) 110,982.49
[~ Separate Billing Requested (6)
7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (7) 63,064.45
(Schedule G or L)
8, Total Gross Assets (total Lines 1-7) (8)
9. FUneral Expenses & Administrative Coats (Schedule H) (9) 16,196.58
10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) (10) 9,18 4. 17
11. Total Deductions (total Lines 9 & 10) (11)
12. Net Value of Estate (Line 8 minus Line 11) (12)
13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an alection totaxhas not been
made (Schedule J)
(13)
14. Net Value Subject to Tax (Line 12 minus Line 13)
SEE IN~TKtJC'rlONS ON REVERSE SIDE FOR APPUCABLE RATES
0.00
608~081.42
0.00
0.00
15. Amount of Line 14 taxable at the spousal tax
rate, or transfers under Sec. 9116 (a)(1.2)
16. Amount of Line 14 taxable at lineal rate
17. Amount of Line 14 taxable at sibling rate
18. Amount of Line 14 taxable at collaterat rate
19. Tax Due
633,462.17
20.
25,380.75
608,081.42
0.00
(14) 608,081.42
x .o0 (15) 0.00
x .045 (16) 27,363.66
x.12 (17) 0.00
x .15 (18) 0.00
(19) 27,363.66
> > BE SURE TO ANSWER ALL QUESTIONS ON REVERSE SIDE AND RECHECK MATH < <
2W4645 1.000
De, cedent's Complete Address:
SV~_Er ADDRESS
4833 East Trindle Road
Suite 564
cl~
I STA'IE
Mechanicsburg PA
17050
Tax Payments and Credits:
1. Tax Due (Page 1 Line 19)
2. Credits/Payments
A. Spousal Poverty Credit
B. Prior Payments
C. Discount
Interest/Penalty if applicable D. Interest
E. Penalty
0.00
26¢000.00
1~368.18
0.00
0.00
Total Credits (A + B + C) (2)
Total Interest/Penalty (D + E) (3)
27f363.66
27,368.18
0.00
4.52
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)
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)
B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (5B)
~ ....., ~ake ~heckPa able to: REGIS"i'J~WlLLS, AGENT .~ ~:~ ~,
PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS
1. Did decedent make a transfer and: Yes No
a. retain the use or income of the property transferred; ....................... [~ ~
b. retain the right to designate who shall use the property transferred or its income; ......... r~ ~-~
c. retain a reversionary interest; or ................................ ~-~ ~
d. receive the promise for life of either payments, benefits or care? ................. ~ r~
2. if death occurred after December 12, 1982, did decedent transfer property within one year of death
without receiving adequate consideration? ............................ ~ ~
3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? ~ [~
4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which
contains a beneficiary designation? ................................ [~ j--'-]
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 &c~iipanying ~chedulas and statements, and to the best of my knowledge and belief, it is true, correct and complete.
Declaration of preparer other than the pemonal representative ia based on all information of which preparer has any knowledge.
SIGNATURE OF PERSON RESPONSIBLE FOR FILING ~- ~URN
RESS ;I;Z4/~vergreen Sl:ree~ '
Ne~ (~amberland, PA 17070
auu~a~y00 ~Pi~e Street ~.O. Box 1166
~/Harrisburg, PA 17108-1166
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.§ 9916 (a) (1.1) (i)]. '
For dates of death on or after January 1, 1995, the tax rate imposed on the not 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 steppamnt of the child is 0% [72 P.S. § 9116(a)(1 ~2)].
The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4.5%, except as noted in 72 P.S. § 9116(1.2) [72 P.S. § 9116(a)(1 )].
The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 12% (72 P.S. § 9116(a)(1.3)]. A sibling is defined, under Section 9102, as an
individual who has at least one parent in common with the decedent, whether by blood or adoption.
2w4646 1.000
RE~I~3EX+(1,-9~
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE B
STOCKS & BONDS
ESTATE OF
John, Maurice
FILENUMBER
21-03-0619
All property jointly-owned with right of survivorship must be disclosed on Schedule F.
ITEM
NUMBER
10
11
1. U.S. Savings Bonds, Series E and EE as follows:
Series E
(2 bonds) $ 4,830.00
Series EE
(119 bonds) $128,664.20
See attached bond and valuation information; Valuations from
Savings Bond Wizard
2 U.S. Savings Bonds, Series HH:
$500 Savings Bond (1)
$1000 Savings Bond (7)
$5000 Savings Bond (2)
$10000 Savings Bond (1)
Copies attached of Series HH Bonds
3 67 shares MetLife @ $29.41/share
4 94 shs. Waypoint Financial CP @ $17.96/share
5 3,473.262 shares Federated Kaufmann Fund K @ $4.33/share
6 3,376 shares Federated American Leaders Fund, Inc. A @
$21.17/share
7 478.694 shares Fidelity Contrafund @ $43.26/share
8 1,312.041 shares Vanguard Wellesly Income Fund @ $20.74/share
9 THE FOLLOWING ASSETS WERE HELD IN DECEDENT'S MERRILL LYNCH
BROKERAGE ACCOUNT NO. 872-50962; SEE ATTACHED ASSET AND
VALUATION INFORMATION:
Cash/MoneyMarket Funds
400 shares BSCH Finance Ltd. @ $27.40/share
400 shares General Motors Senior Notes @ $25.45/share
Total from continuation pages ....
TOTAL (Also enter on line 2, Recapitulation)
VALUE AT DATE
OF DEATH
133,494.20
27,500.00
1,970.47
1,688.24
15,039.22
71,469.92
20,708.30
27,211.73
490.37
10,960.00
10,180.00
116,493.69
$ 437,206.14
2W4696 3.000 (If more space is needed, insert additional sheets of the same size)
Page 2
Estate of: John, Maurice 21-03-0619
Item
Schedule B -- Stocks & Bonds
Description
Value at
Date of Death
12 400 shares JP Morgan Chase Cap X @ $27.02/share
13 $10,000 Allentown PA Wtr. Rev. Bond, 4% @106.810
Accrued Interest
14 $10,000 Monroe County PA Set E OID Bond 4.3% @ $106.867
Accrued Interest
15 $10,000 Southern York Cnty PA Sch DT Bond 5.05% @ $106.015
Accrued Interest
16 200 shares Merck & Co. Inc. @ $61.69/share
17 1,000 shares Waypoint Finl. Corp. @ 17.96/share
18 510.1910 shares American Growth Fund of America, Cl. B @
21.39/share
19 462.432 shares American Capital World Growth and Income Fd. B
@ $25.06/share
20 479.988 shares ML Small Cap Value Fund Cl. B @ $19.79/share
21 719.99 shares American Funds Income Fund of America B @
$15.52/share
10,808.00
10,681.00
90.71
10,686.70
25.85
10,601.50
177.02
12,338.00
17,960.00
10,908.90
11,577.72
9,479.41
11,158.88
TOTAL. (Carry forward to main schedule) ...... 116,493.69
REV-1508 EX + (1-97)
COMMONWEALTH OF PENNSYLVANIA
II~IERJT~E TAX RETURN
R~SIDENT DECEDENT
SCHEDULE E
CASH, BANK DEPOSITS, & MISC.
PERSONAL PROPERTY
ESTATE OF FILE NUMBER
John, Maurice 21-03-0619
Include the )roceeds of litigation and the date the proceeds were received by the estate, All property jointly-owned with the right of survivorship must be disclosed on Schedule F.
ITEM
NUMBER
2
3
2W46AD 2.000
DESCRIPTION
Commerce Bank Certificate of Deposit No. 01700157; See copy of
bank letter attached
Accrued interest
Hospice Refund
PA Department of Revenue - Refund re 2003 Individual Income
Tax Return
Personal Property; Value Estimated
U.S. Treasury - Refund re 2003 Individual Income Tax Return
TOTAL (Also enter on line 5, Recapitulation)
(If more space is needed, insert additional sheats of the same size)
VALUE AT DATE
OF DEATH
5,135.04
4.05
6,900.00
224.00
2,500.00
7,446.00
22,209.09
REV-1509 EX + (1-97)
COMMONWEALTH OF PENNSYLVANIA
IN%~ERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE F
JOINTLY-OWNED PROPERTY
ESTATE OF FILE NUMBER
John, Maurice 21-03-0619
If an asset was made joint within one year of the decedent'a date of death, It must be reported on Schedule G.
SURVIVING JOINT TENANT(S) NAME ADORESS RELATIONSHIP TO DECEDENT
A. Whetstone, Barbara Daughter
324 Evergreen Street
New C~mBerland, PA 17070
JOINTLY-OWNED PROPERTY:
~ RTE DESCRI~ON ~ PROPER'fY %5 DA~ OF D~
I~M FOR ~ MADE Include name of finandal ~s~ut~n ~d b~k account number ~ OAT ~ D~TH DECUS VALUE OF
NUMBER TENN~IT JOl~ similar identi~ing numbs. Attacfl deed ~ j~nfly-held ~1 ~tate. VALUE OF A~ INTE~ST ~CEDE~S INTE~ST
1. A Commerce Bank Checking 3,441.62 50.00 1,720.81
Account No. 0513086959; See
copy of July 2003 account
statement attached
2 A :Commerce Bank Savings 5,547.38 50.00 2,773.69
Account No. 0616069582; See
copy of July 2003 account
statement
3 A MBNAAmerica Certificate of 10,064.67 50.00 5,032.34
Deposit No. 20-0594101; See
attached bank letter
A Accrued Interest 9.07 50.00 4.54
4 A MBNAAmerica Certificate of 40,383.88 50.00 20,191.94
Deposit No. 20-031268-6;
See attached bank letter
A Accrued Interest 55.41 50.00 27.70
5 A MBNAAmerica Money Market 162,289.60 50.00 81,144.80
Account No. 27-008918-5;
See attached bank letter
Total from continuation pages .... 86.68
TOTAL(Alsoenteronline6, R~pitulation) $ 110,982.49
2W46AE 2.000 (If more space is needed, insert edditkmal sheets of same size)
Estate of: John, Maurice
Date
I tern Made
No. Lett. Joint
Schedule F -- Jointly-Owned Property
% of
Date of death Decedent's
Description Value of asset Interest
Page 2
21-03-0619
Value at
Date of Death
A
Accrued Interest
173.36 50.00
86.68
TOTAL. (Carry forward to main schedule) ...... 86.68
REV-1510 EX + (1-97)
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE G
INTER-VIVOS TRANSFERS &
MISC. NON-PROBATE PROPERTY
ESTATE OF FILE NUMBER
John, Maurice 21-03-0619
This schedule must be completed and filed if the answer to any of questions 1 Ihrough 4 on the reverse side of the REV-I,500 COVER SHEET is yes.
DESCRIP~ON OF PRCP~ i ~ % OF
I~M INCLU~ THE NAME OF THE TRANSFEREE, ~EIR RE~ONSHIP TO DATE OF DEATH DECD'S EXCLUSION
~D ME ~ OF T~FER. A~H A COPY OF THE TAXABLE VALUE
NUMBER ~ED FA REAL ESTATE. VALUE OF ASSET INTEREST (~F ~CABLE}
1. Jim Whetstone - Son-in-Law 11,000.00 100.00 3,000.00 8,000.00
$11,000 cash gift on May 5,
2003
2 Barbara Whetstone - Daughter 11,000.00 100.00 3,000.00 8,000.00
Cash Gift of $11,000 on May 5,
2003
3 Merrill Lynch Asset Annuity 47,064.45 100.00 0.00 47,064.45
No. 939006887
Beneficiary: Barbara Whetstone
(daughter)
See attached valuation
information
TOTAL(Alsoenteronline7, Recapitulation) $
63,064.45
(If more space is needed, insert additional sheets of same size.)
2W46AF 2.000
REV-1511 EX + {1-97)
SCHEDULE H
FUNERAL EXPENSES &
ADMINISTRATIVE COSTS
COMMONWEALTH OF PENNSYLVANIA
II~-IERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF FILE NUMBER
John, Maurice 21-03-0619
Debt of decedent must be reported on Schedule I.
DESCRIPTION
~EM
NUMBER
5,
6,
7.
FUNERALEXPENSES:
Parthemore Funeral Home
ADMINISTRATIVE COSTS:
Personal Representative's Commissions
Name of Personal Representative(s)
Social Security Number(s) / EIN Number of Personal Representative(s)
Street AddreSS
City State Zip
Year(s) Commission Paid:
Attorney Fees Name: McNees Wallace & Nurick LLC
Family Exemption: (If decedent's address is not the same as claimant's, attach explanation)
Claimant
Street Address
City State __ Zip
Relationship of Claimant to Decedent
Probate Fees
Accountant's Fees
Tax Return Preparer's Fees
C~m~erland County Register of Wills - Filing Fees re
PA Inheritance Tax Return and Inventory
C~mBerland Law Journal - Legal Advertising
McNees Wallace & Nurick LLC - Costs Advanced as
follows:
Duplicating $75.50
Postage 35.39
Telephone Costs .29
To~=l from continuation pages ....
TOTAL (Also enter on line 9, Recapitulation) $
AMOUNT
2,818.00
0.00
12,500.00
0.00
386.00
0.00
0.00
31.00
75.00
166.68
219.90
16,196.58
2W46AG 2.000 (If more space is needed, insert additional sheets of same size)
Estate of: John, Maurice
Schedule H, Part B -- Administrative Costs
Item
Description
10
11
12
Short Certificates 18.00
Death Certificates 37.50
McNees Wallace & Nurick LLC - Reserve for closing
costs re duplicating, postage, etc.
Postage Expenses (incurred by Executrix)
The Patriot-News - Legal Advertising
Page 2
21-03-0619
Amount
100.00
8.23
111.67
TOTAL. (Carry forward to main schedule) ...... 219.90
REV-1512 EX + (1-g7)
COMMONWEALTH OF PENNSYLVANIA
tI~HERJTANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULEI
DEBTS OF DECEDENT,
MORTGAGEL~BILITIES,& LIENS
ESTATE OF FILE NUMBER
John, Maurice 21-03-0619
Include unreimbursed medical expenses.
ITEM
NUMBER
2
3
DESCRIPTION
Commerce Bank Checking Account No. 0513086959 - Outstanding
checks at date of death
MBNA Money Market - Outstanding Check (Payment to Hospice)
West Shore EMS - Balance Due
2W46AH 2.000
TOTAL (Also enter on line 10, ReCarnitulation) $
(If more space is needed, insert additional sheets of the same size)
AMOUNT
89.76
9,000.00
94.41
9,184.17
RE[V-1513 EX+ (9-00)
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE J
BENEFICIARIES
ESTATE OF
John, Maurice
NUMBER
FILE NUMBER
21-03-0619
NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY
TAXABLEDISTRIBUTIONS[includeoutdghts~usaldis~butions, andtmns~m
underSec. 9116(a)(1.2)]
Whetstone, Barbara
324 Evergreen Street
New C~mBerland, PA 17070
Whetstone, Jim
324 Evergreen Street
New C~mBerland, PA 17070
RELATIONSHIP TO DECEDENT
Do Not List Trustee(s)
Daughter
Son-in-Law
AMOUNT OR SHARE
OF ESTATE
600,081.42
8,000. O0
ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18, AS APPROPRIATE, ON REV-1500 COVER SHEET
NON-TAXABLE Di$¥RiBUTIONS:
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
0.00
$
2W46AI 1.000 (If more space is needed, insert additional sheets of the same size)
Exhibit A
4/5/2004
ESTATE OF MAURICE JOHN
PENNSYLVANIA INHERITANCE TAX RETURN
TABLE OF CONTENTS (EXHIBITS)
A. Miscellaneous Documents
Table of Contents -- Exhibits
Copy -- Letters Testamentary issued by Cumberland County Register of Wills to
Barbara A. Whetstone, and copy of decedent's will dated September 9, 1992
Copy - Maurice John Agreement of Trust dated September 9, 1992
Copy - Official Reciept - PA Inheritance Tax 3-month payment
Copy - Safe Deposit Box Inventory
B. Schedule B -- Stocks and Bonds
2.
3.
4.
5.
6.
U.S. Savings Bond, Series E and EE -Valuation Information (Item 1)
Copy- U.S. Savings Bonds, Series HH (Item 2)
Copy- Federated Funds - June 2003 statement (Item 5,6)
Copy - Fidelity Investments - June 2003 to September 2003 statement (Item 7)
Copy - Vanguard Group - June 30, 2003 statement (Item 8)
Merrill Lynch - Valuation Information (and copy of July 2003 statement) (Items 9-
21)
C. Schedule E -- Cash, Bank Deposits & Misc. Personal Property; Commerce Bank
information (Item 1)
Schedule F- Jointly-Owned Property
1. Commerce Bank - Copies of Checking/Savings Account Statements
2. MBNA America - Bank Letter
E. Schedule G -- Inter-Vivos Transfers & Misc. Non-Probate Property; Merrill Lynch
Annuity Information (Item 3)
Register of Wills of CUMBERLAND County, Pennsylvania
Certificate of Grant of Letters
WHEREAS, on the 30th
~ated September 9th 1992
No. 2003-00619
ESTATE OF
a/k/a
Late of
PA No. 21-03-0619
JOHN MAURICE A
(~'l', ~'l~$'l', Mioo~)
JOHN MAURICE
HAMPDEN TOWNSHIP
CUMS~im~D CO'ON'l'z,
Deceased
Social Security No. 420-34-4375
day of July
2003 an instrument
was admitted to probate as the last will of JOHN MAURICE A
(]-J~'l', ~'1~'1',
a/k/a JOHN MAURICE
late of HAMPDEN TOWNSHIP , CUMBERLAND County, who died on the
7th day of July 2003 and,
WHEREAS, a true copy of the will as probated is annexed hereto.
THEREFORE, I, DONNA M. OTTO , Register of Wills in and for
the County of CUMBERLAND in the Commonwealth of Pennsylvania, hereby certify
that I have this day granted Letters TESTAMENTARY
to WHETSTONE BARBARA A
Nho has duly qualified as Executor(rix)
and has agreed to administer the estate according to law, all of which fully
appears of record in my Office at CUMBERLAND COUNTY COURT HOUSE,
2ARLISLE, PENNSYLVANIA.
IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed the seal
2003.
of my Office the 30th day of July
**NOTE** ALI. NAMES ABOVE A~PEAR (LAST, FIRST, MIDDLE)
8-31-92
WILL
OF
MAURICE A. JOHN
I, MAURICE A. JOHN, presently of Dauphin County,
Pennsylvania, declare this to be my will and hereby revoke all
prior wills and codicils made by me.
1. Tanqible Personal Property. I bequeath such items of
my tangible personal property as are specifically itemized on a
list, if any, in my handwriting, signed and dated by me at the
end thereof, and attached to this, my Will, to the person(s)
named thereupon to receive such items, and all of my remaining
tangible personal property not used in business or for the
production of income, including, without limitation, furniture,
furnishings, clothing, jewelry, objects of art and decoration,
and the like, and any motor vehicles which I own, together with
the insurance thereon, I bequeath.to my wife, Marion L. John, if
she survives me, and if my wife does not survive me, I bequeath
such property to my daughter, Barbara A. Whetstone, and if she
does not survive me, per stirpes among those of her issue who
survive me.
2. Residue. I bequeath, devise, and appoint all the rest
of my property, of whatever nature and wherever situated,
including property over which I hold a power of appointment
(except that I do not exercise any power of appointment given to
me by my wife), to the then Trus~ee(s)~under an Estate Plan
Agreement of Trust executed by me as Settlor thereof on
September 9, 1992, to be held by said Trustee(s) and added to and
administered as part of the trust established by said Agreement.
Said trust is in existence as of the date of execution of this
will, and it is my intention, if necessary to validate the
foregoing gift to the Trustee(s), to incorporate herein by
reference its terms and any amendments thereto.
3. .Survival. If my wife and I should die under such
circumstances that it cannot be determined which of us survived,
my wife shall be deemed to have survived me for all purposes
hereunder. If any other beneficiary should die within sixty (60)
days after me, he or she shall be deemed to have predeceased me
for all purposes of this will.
4. SDendthrift Clause. No interest (whether in income or
principal, whether or not a remainder interest, and whether
vested or contingent) of any beneficiary hereunder shall be
subject to anticipation, pledge, assignment, sale or transfer in
any manner, nor shall any beneficiary have power in any manner to
Charge or encumber his or her said interest, nor shall the said
interest of any beneficiary be liable or subject in any manner
while in the possession of my fiduciaries for any liability of
such beneficiary, whether such liability arises from his or her
debts, contracts, torts, or other engagements of any type.
5. Facility of Payment for Minors or Incompetents. Any
amounts or assets which are payable or distributable to a minor
or incompetent hereunder may, at the discretion of my
fiduciaries, be paid or distributed to the parent or guardian of
such minor or incompetent, to the person with whom such minor or
incompetent resides, or directly to such minor or incompetent, or
may be applied for the use or benefit of such minor or
incompetent.
6. Powers. In addition to such other powers and'duties as
may be granted elsewhere herein or which may be granted by law,
my fiduciaries hereunder shall have the fOllowing powers and
duties, without the necessity of notice to or consent of any
court:
(a) To retain all or any part of my property, real or
personal, in the form in which it may be held at the time of its
receipt, including any closely held business in which I have an
interest and the stock of any corporate fiduciary hereunder, as
long as in the exercise of their discretion it may be adw~.sable
so to do, notwithstanding that said property may not be of a
character authorized by law.
(b) To invest and reinvest any funds held hereunder in
any property, real or personal, including, but not by. way of
limitation, bonds, preferred stocks, common stocks and other
securities of domestic or foreign corporations or investment
trusts, mortgages or mortgage participations, mutual funds with
or without sales or redemption charges, and common trust funds,
even though such property would not be considered appropriate or
legal for a fiduciary apart from this provision.
(c) To sell, convey, exchange, partition, give options
to buy or lease upon, or otherwise dispose of any property, real
or personal, at the time held by them, at public or private sale
or otherwise, for cash or other consideration or on credit, and
upon such terms and for such price as they may determine, and to
convey such property free Of all trusts.
(d) To borrow money from any person, including any
fiduciary hereunder, for any purpose in connection with the
- 2 -
administration hereof, to execute promissory notes or other
obligations for amounts so borrowed, to secure the payments of
such amounts by mortgage~ or pledges, of any property, real or
personal, which may be held hereunder.
(e) To make loans, secured or unsecured, in such
amounts, upon such terms, at such rates of interest, and to such
persons, firms, or corporations as they may deem advisable.
(f) To renew or extend the time for payment of any
obligation, secured or unsecured, payable to or by them. as
fiduciaries, for as long a period or periods of time and on such
terms, as they may determine, and to adjust, settle, and
arbitrate claims or demands in favor of or against them.
(g) In dividing or distributing any property, real or
personal, included herein, to divide or distribute in cash, in
kind, or partly in cash and partly in kind,
(h) Without limitation of powers elsewhere granted
therein, to hold, manage and develop any real estate which may be
held by them at any time, to mortgage any such property in such
amounts and on such terms as they may deem advisable, to lease
any such property for such term or terms and upon such conditions
and rentals as they may deem advisable, whether or not the term
of any such lease shall exceed the period permitted by law or the
probable period of retention under this instrument; to make
repairs, replacements and improvements, structural or otherwise,
in connection with any such property, to abandon any such
property which they may deem to be worthless or not of sufficient
value to warrant keeping or protecting, and to permit any such
property to be lost by tax sale or any other proceedings.
(i) To employ such brokers, banks, custodians,
investment counsel, attorneys, and other agents, and to delegate
to them such duties, rights and powers as they may determine, and
for such periods as they think fit.
(j) To register any securities at any time in their
own names, in their names as fiduciary, or in the names of
nominees, with or without indicating the trust character of the
securities so registered.
(k) With respect to any securities forming a part of
the trust, to vote upon any proposition or election at any
meeting of the corporation issuing such securities, and to grant
proxies, discretionary or otherwise, to vote at any such meeting;
- 3 -
to join or become a party to any reorganization, readjustment,
merger, voting trust, consolidation or exchange, and to deposit
any such securities with any committee, depository, trustee or
otherwise, and to pay out of the assets held hereunder, any fees,
expenses and assessments incurred in connection therewith, to
exercise conversion, subscription or other rights, and to receive
or hold any new securities issued as a result of any such
reorganization, readjustment, merger, voting trust,
consolidation, exchange or exercise of conversion, subscription
or other rights and generally to take all action with respect to
any such securities as could be taken by the absolute owner
thereof.
(1) To engage in sales, leases, loans, and other
transactions with the estate of my wife or any trust established
by either of us, even if they are fiduciaries or beneficiaries
thereof.
(m) To exercise all elections which they may have with
respect to income, gift, estate, inheritance and other taxes,
including without limitation execution of joint income tax
returns, election to deduct expenses in computing one tax or
another, election to split gifts, and election to payor to defer
payment of any tax, in all events without their being bound to
require contribution from any other person.
(n) To operate, own, or develop any business or
property held hereunder in any form, including without limitation
sole proprietorship, limited or general partnership, corporation,
association, tenancy in common, condominium, or any other,
whether or not they have restricted or no management rights, as
they in their discretion think best.
7. Taxes. I direct that all estate, inheritance, and
succession taxes that may be assessed in consequence of my death,
of whatever nature and by whatever jurisdiction imposed, shall be
paid out of the principal of my probate estate to the same effect
as if said~taxes were expenses of administration, except that any
such taxes (and interest and penalties~thereon) imposed on
account of my interest in or power over any trust established by
my wife, shall be paid out of the property held in such trust,
and all other property includible in my taxable estate for
federal or state tax purposes, whether or not passing under this
will, Shall be free and clear thereof; provided, however, that my
executor(s) may in the discretion of my executor(s) request that
any portion or all of said taxes (to be paid out of the principal
of my general estate) shall instead be paid out of the principal
- 4 -
of any trust established by me, to the extent expressly
authorized under the terms of said trust.
8. Gender. Unless the context indicates otherwise, any
use of either gender herein shall also include the other gender.
9. Fiduciaries. I appoint my wife as Executrix hereunder,
and if she is Unable or unwilling so to serve, or to continue so
serving, my daughter shall serve in her place, and if my daughter
is unable or unwilling so to serve, or to continue so serving,
Merrill Lynch Trust Company of America shall serve as executor
hereunder.
My fiduciary(s) hereunder shall serve as guardian(s) of the
property of any minor beneficiaries hereunder, under any
instrument of trust executed by me, under any policies of
insurance on my life, and in any other situation in which the
power to make such appointment exists under the laws of
Pennsylvania.
No individual fiduciary shall be liable for the acts,
omissions or defaults of any agent appointed and retained with
due care or of any co-fiduciary.
No fiduciary named herein shall be required to furnish bond
or other security for the proper performance of his duties
hereunder.
IN WITNESS WHEREOF, I, MAURICE A. JOHN, herewith set my hand
to this, my last Will, typewritten on six (6) sheets of paper
including the self-proving attestation clause and signatures of
witnesses, this q~ day of~'~7~~ , 1992.
M~URI CE ' '%/.~ JOHN
Witnessed:
~~'~/~.r~ residing at
residing at
residing at
(SEAL.)
- 5 -
COMMONWEALTH OF PENNSYLVANIA :
COUNTY OF :
SS:
~1'~ ~. /~C C~ , and ~i~L~C~C~ '~. ~~f (the
witnesses), whose names are signed to the foregoing instrument,
being first duly sworn, each hereby declares to the undersigned
authority that the testator signed and executed the instrument as
his last will in the presence of the witnesses 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 witness and that to the best of his or her
knowledge the testator was at that time eighteen years of age or
older, of sound mind and under no constraint or undue influence.
WITNESS
TESTATOR:
MAURI CE A.
WITNESS: WITNESS:
Subscribed, sworn to and acknowledged before me by MAURICE A.
JOHN, the testator, and subscribed and sworn beforeme by
~,~/ ~. ~p~J%~- , ~1~ ~. /~C~O~ , ~,nd
~,~ h~co~ ~.' '~ ~- , the witnesses, this~ day
of ~o~F)%b~q~ , 1992.
Notary Public .
(SEAL)
- 6 -
NOT/~I^L SEAL !
Judith A. Nordstrom, N0mU Public I
Harrisburg, PA Dauphin County ,.!
My Commission Expires Sept. 21,199~i
8-31-92
ESTATE PLAN
AGREEMENT OF TRUST
BY THIS AGREEMENT, executed on(-~7~3~_' ~. , 1992,
MAURICE A. JOHN, presently of Dauphin'County, Pennsylvania, as
Settlor, hereby establishes a trust of the assets itemized on
Schedule A hereto, and the same.MAURICE A. JOHN, hereby agrees to
perform as the Initial Trustee of said Trust, and of such
additional property as may be placed in trust hereunder, by the
Settlor, the Settlor's wife, or with the consent of the
Trustee(s) any other person, all in trust subject to the terms
and conditions set forth herein. If MAURICE A. JOHN ever is
unable or unwilling to serve, or to continue so serving, as the
Trustee hereunder, he shall be succeeded as Trustee by his wife,
Marion L. John, and his daughter, Barbara A. Whetstone. If ever
the Settlor's wife is unable or unwilling so to serve, or to
continue so serving, no successor shall be appointed to serve in
her place. If ever the Settlor's daughter is unable or unwilling
so to serve, or to continue so serving, Merrill Lynch Trust
'Company of America shall serve in her place. No fiduciary
hereunder shall be required to furnish bond or other security for
the proper performance of his or her duties hereunder. The
Trustee(s) hereunder shall serve as--guardian(s) of the property
of any minor beneficiary hereunder. No individual fiduciary
shall be liable for the acts, omissions or defaults of any agent
appointed and retained with due care, or of any co-fiduciary.
1. Durinq Settlor's Lifetime.
Settlor--
During the lifetime of the
(a) The Trust may be revoked by the Settlor by written
notice to the Trustee(s), and in case of such revocation, all
property then held in the Trust shall be given over to him. The
Trust may be altered or amended by agreement between the Settlor
and the Trustee(s).
(b) The net income of the Trust, if any shall be paid
to or for the benefit of the Settlor no less often than quarter-
annually, and the principal of the Trust, or any portion thereof,
shall be paid as the Settlor, or someone acting legally on his
behalf, may demand and without qualification. Even though the
Settlor is not adjudicated incompetent, if he is under'a legal
disability, or because of mental or physical disability he is, in
the opinion, of the Trustee(s) unable to make reasonable demand
for amounts from the principal, the Trustee(s) shall pay for his
benefit, or for the benefit of his wife, such amounts from the
principal of the Trust as may be necessary to maintain for either
of them a standard of living approximately equal to that
maintained by either of them during the lifetime of the Settlor,
and to meet their expenses arising from ill health or invalidism.
2. Allocation of Assets. The primary purpose for the
establishment of this Trust is to provide for the Settlor,s wife
and family after his death. The Settlor anticipates that a major
portion of his estate may be administered hereunder as a result
of bequests to the Trustee(s) contained in his will. Upon the
Settlor's death:
(a) If the Settlor's wife survives him, then the
Trustee(s) shall establish a Marital Trust hereunder, governed by
Section 3 below, by allocation thereto, from the property held
hereunder, including property received from the Settlor,s estate,
an amount, if any, equal to (i) the minimum amount, after taking
into account all deductions other than the marital deduction and
applying all credits available, which is necessary as the marital
deduction to reduce to the lowest possible amount the federal
estate tax payable by reason of the Settlor's death, less (ii)
the value of all other assets in the Settlor's gross estate which
qualify for the marital deduction and which pass or have passed
to his said wife under other provisions of this instrument or
otherwise. In determining such amount, all assets involved in
the calculation shall be valued at final federal estate tax
values, but in funding the Marital Trust, date of distribution
values shall be used and only assets that qualify for the marital
deduction shall be used. The interest of the Settlor's wife in
the Marital Trust shall qualify for the marital deduction, and
any provisions herein which may appear to conflict with or in any
way defeat the Settlor,s intention to obtain the marital
deduction for the Marital Trust shall be construed or applied to
accomplish that intention.
(b) The remainder of the property passing hereunder
(or, if the Settlor's wife does not survive him, all the property
passing hereunder) shall be held as a Non-Marital Trust governed
by Section 4 below. '
3. Marital Trust. The income and principal of the Marital
Trust (if established hereunder) shall be distributed as follows:
(a) ~ncome. The Trustee(s) shall pay the net income
from the Marital Trust to or for the benefit of the Settlor's
wife, for her lifetime, in such installments, but not less
frequently than quarterly, as the Trustee(s) may determine.
(b) ~. The Trustee(s) shall pay from time to
time from the principal of the Marital Trust to or for the
benefit of the Settlor,s wife:
- 2 -
(i) such sums as shall in the discretion of the
Trustee(s) seem proper for her support, maintenance, and health
care or necessary to permit her to maintain a standard of living
approximately equal to that maintained by her during the
Settlor,s lifetime, taking into account such other sources of
income, support and estate that may be available to her, and
(ii) such sums, including any or all of the
principal, that.the Settlor's wife, or someone acting duly on her
behalf, may request in writing.
If any unproductiveproperty is held in the Marital Trust at any
time, the Settlor's wife shall have the power to require the
fiduciary(s) hereunder either to make the property productive or
to dispose of it and reinvest the proceeds in productive property
within a reasonable time.
(c) After Wife's Lifetime. Upon the death of the
Settlor's wife, all the principal then ~eld in the Marital Trust
shall be distributed as she may by her will appoint, making
specific reference to this Marital Trust under this Agreement of
Trust. Except as expressly stated in the preceding sentence,
there shall be no restriction, condition or qualification on, or
to the power to make such appointment and the permissible
beneficiaries. The power of appointment shall be exercisable by
the Settlor,s wife alone and in all events, and there shall be no
power in any person other than said wife to appoint to any other
person any part of the property passing under the Marital Trust.
To the extent that said wife shall fail to exercise effectively
her power of appointment over any part of the property in the
Marital Trust, the Trustee(s) shall (except to the extent that
the Settlor,s wife expressly directs to the contrary in her last
will or in a writing delivered to the Trustee(s) during her
lifetime) pay from the unapportioned portion of the principal of
the Marital Trust:
(i) the amount of any additional estate,
inheritance or Other death taxes imposed on account of the death
of the Settlor,s wife by reason of her power of appointment over
and other rights in the unappointed portion of the principal of
the Marital Trust (the amount of each such additional tax to be
equal to the excess if any of the tax, including any interest
thereon, payable by reason of her death over the amount of such
tax which would have been payable if no such tax was payable by
reason of her death with respect to the unappointed principal of
the Marital Trust), and
- 3 -
(ii) any expenses incurred in the administration
of her estate attributed to the determination of such taxes (and
the Trustee(s) may accept the written statement of her personal
representatives as to the amount of taxes and expenses payable
hereunder),
and the remaining balance of the principal held in the Marital
Trust at her death shall be added to and considered part of the
Non-Marital Trust and shall be administered and distributed under
the provisions herein governing the Non-Marital Trust.
4. Non-Marital Trust. The income and principal of the
Non-Marital Trust shall be distributed as follows:
(a) Income. The net income from the Non-Marital Trust
shall be paid at least annually to or for the benefit of the
Settlor's wife and issue in such proportions or amounts as in the
discretion of the Trustee(s) seems proper to provide for her
support, maintenance, and health care, for the education of the
Settlor,s grandchildren, and for the maintenance by the Settlor's
wife of the standard of living maintained by her during the
Settlor's lifetime,~taking into account such other sources of
income, support and estate that may be available to the
beneficiaries. No .beneficiary of the Non-Marital Trust shall
participate as a Co-Trustee in any decision under this Subsection
for his or her own benefit.
(b) Principal. The Trustee(s) shall from time to time
pay such sums from the Principal of the Non-Marital Trust to or
for the benefit of the Settlor's wife as may in the discretion of
the Trustee(s) seem necessary for her support, maintenance and
health care, for the maintenance by the Settlor's wife of the
standard of living maintained by her during the Settlor,s
lifetime, and for the education of the Settlor's grandchildren,
taking into account such other sources of income, support and
estate that may be available to the beneficiary and the needs and
resources of all the beneficiaries. Any of the foregoing
distributions to or for the benefit of the Settlor's
grandchildren shall be based on their needs, rather than on a ~
desire to maintain absolute equality of payments among them. The
Settlor's first priority for the income and principal of the Non-
Marital Trust taken together is the support, maintenance and
health care of the Settlor,s wife for life, and the undergraduate
education of each of the Settlor's grandchildren until completion
of their undergraduate educations. In determining whether an
invasion shall be made for the benefit of the Settlor,s wife from
the principal of'the Marital Trust, or from the principal of the
Non-Marital Trust, such invasion shall be made from the Marital
- 4 -
Trust as far as practical. No beneficiary of the Non-Marital
Trust shall participate as a Co-Trustee in any decision under
this Subsection for his or her own benefit.
(c) ~eqal Support Obliqation. No payment shall be
made under Subsections (a) and (b) above which would discharge to
any extent the legal obligation of any person for the support of
the recipient of such payment.
(d) Wife's Riqhts of Withdrawal. In addition to the
foregoing, during any calendar year the Settlor,s wife shall have
the unqualified right in her sole discretion to demand in one or
more writings delivered by her to the Trustee(s) that she be paid
up to Five Thousand Dollars ($5,000.00) from the principal of the
Non-Marital Trust, and in addition, on December 31 of any such
calendar year she shall have the unqualified right in her sole
discretion to demand in a writing delivered by her to the
Trustee(s) that she be paid from the principal of the Non-Marital
Trust, an amount equal to five percent (5%) of the aggregate
market value of the assets held in the Non-Marital Trust as of
such date, minus all amounts distributed to her under this
Subsection during such calendar year. The right permitted the
Settlor's wife under this Subsection may be exercised by her only
as herein provided before the end of any given calendar year to
which applicable and any amount as %o which such right is not
exercised for any such calendar year shall lapse and shall not
accumulate or carry over to any future calendar year.
(e) After Wife's Lifetime; Limited Power of Appoint-
ment by Wife. Upon the death of the survivor of the Settlor and
his wife, if she survives the Settlor, the Trustee(s) shall pay
the balance held in the Trust, 'outright or in trust, in such
amounts or proportions to or for the benefit of any or all of the
Settlor's issue as his wife may direct in her will making
specific reference to the Trust hereunder. To the extent that
the Settlor's wife should fail to exercise effectively her
limited power of appointment over the Trust, or if she should
predecease the Settlor, then from and after the death of the
survivor of the Settlor and his wife, the Trustee(s) shall
distribute the principal remaining in the Trust to the Settlor's
daughter, and if she is not then living, per stirpes to her issue
who are then living, provided, however, that if any such issue is
then under the age of forty (40) years, his or her share shall be
held for him or her in a separate trust under the terms of
Section 5 below.
5. Separate Trusts. The income and principal of a
separate trust in which a share in the Trust is held for a
- 5 -
beneficiary pursuant to the terms of Subsection 4(e) above shall
be distributed as follows:
(a) ~ncome. The income shall be distributed at least
quarterly to or for the benefit of the beneficiary. No payment
shall be made under this Subsection which would discharge to any
extent the legal obligation of any person for the support of the
beneficiary.
(b) ~. The Trustee(s) shall pay from the
principal such sums to or for the benefit of any or all of the
beneficiary and his or her issue as in the discretion of the
Trustee(s) seems proper for their support, maintenance, health
care, and education, and such sums to or for the benefit of the
beneficiary as in the discretion of the Trustee(s) seems proper
to help establish him or her in a business or profession or
acquire or furnish a home for him or her, taking into account the
other sources of income, support and estate that are available to
the distributee, the reasonably anticipated needs and resources
of the beneficiary and his or her issue, their income and estate
tax brackets, and the desirability of the transaction (if any).
No payment shall be made under this Subsection which would
discharge to any extent the legal obligation of any person for
the support of the distributee.
(c) Distribution of Separate Trust.
(i) When such beneficiary shall have attained the
age of thirty (30) years, the Trustee(s) shall distribute to him
or her at his or her written request one third (1/3) of the
remaining principal balance then held in his or her separate
trust; and when such beneficiary shall have attained the age of
thirty-five (35) years, the Trustee(s) shall distribute to him or
her at his or her written request one half (1/2) of the principal
balance then remaining in his or her separate trust, and when
such beneficiary shall have attained the age of forty (40) years,
the Trustee(s) shall distribute to him or her at his or her
written request the entire balance then held in his or her
separate trust.
(ii) If such beneficiary should die before making
proper request for the entire balance in his or her separate
trust, then the entire balance in his or her separate trust shall
at his or herdeath be distributed, outright or in trust, in such
sums or proportions as such beneficiary may direct .in his or her
last will, expressly referring to his or her separate trust
.hereunder, but only among the Settlor,s issue; and to the extent .......
that such beneficiary shall fail to exercise effectively his or
-- 6' --
her limited power of appointment hereunder, the aforementioned
balance in his or her separate trust shall then be distributed
per stirpes to his or her issue, or, if no such issue survive him
or her, per stirpes to the issue of his or her parent who was a
child or more remote descendant of the Settlor, or, if no such
issue survive him or her, per stirpes to the issue of his or her
grandparent who was a child or more remote descendant of the
Settlor or, if no such issue survive him or her, per stirpes to
the Settlor,s issue, with the share of any of such issue for whom
property is then held in or payable to a separate trust under
this Section being added to such separate trust.
(d) DispOsition Upon Application of Rule Against
Perpetuities. Notwithstanding SubsectiOn (c) above, if during
the lifetime of a person for whom a separate trust under this
Section was established the interest of such person therein
becomes void under the applicable rule against perpetuities, then
the balance in such separate trust shall then be distributed
outright to such persOn.
6. Failure of Issue. If ever there is no beneficiary in
existence for any amount held hereunder, as hereinbefore
provided, such amount shall be distributed to the Settlor's
nephew, Jeffrey L. John (presently of Fredericksburg, Virginia),
and if he is not living, per stirpes to his issue who are then
living.
7. Survival Clauses. If the Settlor and his wife should
die under such circumstances that it cannot be determined which
of them survived, the Settlor,s wife shall be deemed to have
survived him for all purposes hereunder. If any other
beneficiary hereunder should die within sixty (60) days after the
Settlor, or within sixty (60) days after any other person the
survival of whom determines his or her rights hereunder, then
such beneficiary shall be deemed to have predeceased the Settlor
or such other person for all purposes hereunder.
8. Power______~s. In addition to such other powers and duties as
may be granted elsewhere herein or which may be granted by law,
the fiduciaries hereunder shall have the following powers and
duties, without the necessity of notice to or consent by any
Court:
(a) To retain all or any part of the property of the
Settlor, real Or personal, in the form in which it may be held at
the time of its receipt, including any closely held business in
which the Settlor has an interest and any stock of any corporate
fiduciary hereunder, as long as in the exercise of their
- 7 -
discretion it may.be advisable so to do, notwithstanding that
said property may not be of a character authorized by law.
(b) To invest and reinvest any funds held hereunder in
any property, real or personal, including, but not by way of
limitation, bonds, preferred stocks, common stocks, and other
securities of domestic or foreign corporations or investment
trusts, mortgages or mortgage participations, and common trust
funds, even though such property would not be considered
appropriate or legal for a fiduciary apart from this provision.
(c) 'To sell, convey, exchange, partition, give options
to buy or lease upon, or otherwise dispose of any property, real
or personal, at any time held by them, with or without order of
court at their option, at public or private sale or otherwise,
for cash or other consideration or for such credit terms as they
think proper, and upon such terms and for such prices as they may
determine, and to convey such property free of all trusts.
(d) To borrow money from any person, including any
fiduciary hereunder, for any purpose in connection with the
administration hereof, to execute promissory notes or other
obligations for amounts so borrowed, and to secure the payments
of such amounts by mortgages or pledges of any property, real or
personal, which may be held hereunder.
(e) To make loans, secured or unsecured, in such
amounts, upon such terms, at such rates of interest, and to such
persons, firms or corporations as they may deem advisable.
(f) To renew or extend the time for payment of any
obligation, secured or unsecured, payable to or by them, for as
long a period of time and on such terms, as they may determine,
and to adjust, settle and arbitrate claims or demands in favor of
or against them.
(g) In dividing or distributing any property, real or
personal, included herein, to divide or distribute in cash, in
kind, or partly in cash and partly in kind.
(h) To hold, manage, and develop any real estate which
may be held by them at any time, to mortgage any such property in
such amounts and on such terms as they may deem advisable, to
lease any such property for such term or terms, and upon such
conditions and rentals as they may deem advisable, whether or not
the term of any such lease shall exceed the period permitted by
law or the probable period of retention under this instrument; to
make repairs, replacements and improvements, structural and
- 8 -
otherwise, in connection With any such property, to abandon any
such property which they may deem to be worthless or not of
sufficient value to warrant keeping or protecting, and to permit
any such property to be lost by tax sale or any other
proceedings.
(i) To employ such brokers, banks, custodians,
investment counsel, attorneys, and other agents, and to delegate
to them such duties, rights and powers as they maY determine, and
for such periods as they think .fit.
(j) To register any securities at any time in their
names as fiduciary, or in the names of nominees, with or without
indicating the trust character of the securities so registered.
(k) With respect to any securities held hereunder, to
vote upon any proposition or election at any meeting of the
person or entity issuing such securities, and to grant proxies,
discretionary or otherwise, to vote at any such meeting; to join
or become a party to any reorganization, readjustment, merger,
voting trust, consolidation or exchange, and to deposit any such
securities with any committee, depository, trustee or otherwise,
and to pay out of the trust created herein, any fees, expenses,
and assessments incurred in connection therewith; to exercise
conversion, subscription or other rights, and to receive or hold
any new securities issued as a result of any such reorganization,
readjustment, merger, voting trust, consolidation, exchange or
exercise of conversion, subscription or other rights and
generally to take all action with respect to any such securities
as could be taken by the absolute owner thereof.
(1) To engage in sales, leases, loans, and other
transactions with the estate of the Settlor, the estate of his
wife, or any trust established by either of them, even if they
are also fiduciaries or beneficiaries thereof.
(m) To make all necessary proofs of death under the
insurance policies of which they are the beneficiary, to execute
any receipts for the proceeds and to institute any action to
collect said proceeds and to make adjustments of any claim
thereunder, provided, however, that they need not institute any
action unless they shall have been indemnified against all
expenses and liabilities to which they may become subject as a
result thereof. If, however, they desire to institute such
action without indemnification, they are hereby authorized to be
reimbursed for all expenses and liabilities incurred as a result
thereof from any amounts which may be held in trust hereunder
then or thereafter.
- 9 -
(n) To operate, own, or develop any business or
property held hereunder in any form, including without limitation
sole proprietorship, limited or general partnership, corporation,
association, tenancy in common, condominium, or any other,
whether or not they have restricted or no management rights, as
they in their discretion think best.
9. Spendthrift Clause. No interest (whether in income or
principal, whether or not a remainder interest, and whether
vested or contingent) of any beneficiary hereunder shall be
subject to anticipation, pledge, assignment, sale or transfer in
any manner, nor shall any beneficiary have power in any manner to
charge or encumber his or her said interest, nor shall the said
interest of any beneficiary be liable or subject in any manner
while in the possession of the fiduciaries for any liability of
such beneficiary, whether such liability arises from his debts,
contracts, torts, or other engagements of any type.
10. Facility of Payments fOr Minors or IncOmDetent:~' Any
amounts which are payable or distributable hereunder to a minor
or incompetent may, at the discretion of the fiduciaries, be paid
or distributed to the parent or guardian of such minor or
incompetent,'to the person with whom such minor or incompetent
resides, or directly to such minor or incompetent, or may be
applied for the use or benefit of such minor or incompetent.
11. ~axes. Estate, inheritance and succession taxes that
may have been assessed in consequence of the Settlor,s death, of
whatever nature and by whatever jurisdiction imposed, whether or
not on account of property passing hereunder, may on request of
the Settlor,s personal representatives and consent of the
Trustee(s) be paid out of the principal of the Non-Marital Trust
hereunder, as if said taxes were expenses of administration
thereof, and all property passing to the Marital Share hereunder
shall be free and clear thereof, provided, however, that no such
taxes shall be paid out of assets that are .not includible in the
federal gross estate of the Settlor.
12. Gender. Unless the context indicates otherwise, any
use of either gender herein shall also include the other gender.
- 10 -
13. Law Governinq. This Trust shall be administered and
interpreted in accordance with the laws of the Commonwealth of
Pennsylvania.
IN WITNESS WHEREOF, the Settlor and the Trustee(s) have
hereunto set their hands and seals on the date first mentioned
above.
WITNESS:
WITNESS:
SETTLOR:
MAURICE A. JO~N
TRUSTEE:
MAURICE A. JO~N
(SEAL)
(SEAL)
- 11 -
SCHEDULE A
One Dollar ($i.00) - Attached below
· I, the undersigned MAURICE A. JOHN, this ~ day of
~;~--~- , 1992, do hereby acknowledge that in my capacity as
Settlor of the accompanying Estate Plan Agreement of Trust I have
paid to myself as Trustee thereof One Dollar ($1.00) in cash,
such payment representing the initial funding of such Trust.
MAURICE A. ~OHN
- 12 -
COMMONWEALTH OF PENNSYLVANIA
COUNTY OF ~
SS:
On this, the ~ day of ~~ 1992, before me, a
Notary Public, the undersigned officer, personally appeared
MAURICE A. JOHN, known to me (or satisfactorily proven) to be the
person whose name is subscribed to the within Agreement of Trust,
who acknowledged to me that he executed the same for the purposes
therein contained.
IN WITNESS WHEREOF, I hereunto set my hand and official
seal.
Notary Public
(SEAL)
"NOTARIAL SEAE '
Judith A. I'~rdslro~ Notary Public
Harrisburg. PA Dauphin County
JMY Commission Expires Sept. 21,1993J
- 13 -
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
BUREAU OF INDIVIDUAL TAXES
DEPT. 280601
HARRISBURG, PA 17128-0601
RECEIVED FROM:
PENNSYLVANIA
INHERITANCE AND ESTATE TAX
OFFICIAL RECEIPT
NO.
REV-1162 EX(11-96)
CD 003092
STEVENSON RICHARD W ESQ
100 PINE STREET
P O BOX 1166
HARRISBURG, PA 17108-1166
........ fold
ESTATE INFORMATION: SSN: 420-34-4375
FILE NUMBER: 2103-061 9
DECEDENT NAME: JOHN MAURICE A
DATE OF PAYMENT: 10/07/2003
POSTMARK DATE: 1 0/06/2003
COUNTY: CUMBERLAND
DATE OF DEATH: 07/07/2003
ACN
ASSESSMENT
CONTROL
NUMBER
AMOUNT
101 I $26,000.00
I
1
TOTAL AMOUNT PAID:
$26,000.00
REMARKS: BARBARA WHETSONE
C/O RICHARD STEVESON ESQUIRE
SEAL
CHECK//462
INITIALS: VZ
RECEIVED BY:
TAXPAYER
DONNA M. OtTO
DEPUTY-REGISTEROF WILLS
Register of Wills of Cumberland County, Pennsylvania
Estate of MAURICE A. JOHN
known as Maurice John
INVENTORY
, Deceased
No.
Date of Death
Social Security No. ~5
Barbara A. Whetstone
Personal Representative(s) of the above Estate, deceased, verify that the items appearing in the following inventory include all of
the personal assets wherever situate and all of the real estate in the Commonwealth of Pennsylvania of said Decedent, that the
valuation placed opposite each item of said Inventory represents its fair value as of the date of the Decedent's death, and that
Decedent owned no real estate outside of the Commonwealth of Pennsylvania except that which appears in a memorandum at
the end of this inventory. I/We verify that the statements made in this Inventory are true and correct. I/We understand that false
statements herein are made subject to the penalties of 18 Pa. C.S. Section 4904 relating to unswom falsification to authorities.
Name of
Attorney: Richard W. Stevenson, Esq.
Pe~.~a I Representative..'
I.D. No.: 7120
Address: McNees Wallace & Nurick LLC
100 Pine Street, P.O. Box 1166
Harrisburg, PA 17108
Dated
Telephone: (717) 237-5208
Description
SEE ATTACHED
(Attach Additional Sheets if necessary)
Value
$ 459,415.23
I
Total:$ 459,415.23
NOTE: The Memorandum of real estate outside the Commonwealth of Pennsylvania may, at the election of the personal representative, include the
value of each item, but such figures should not be extended into the total of the Inventory.
Form RW-7 (Cumberland County - Rev. 9/92)
{A277079:}
Description
Inventory
Estate of Maurice John
From 07/07/2003 To 07/07/2003
Accrued Income
Money Market Accounts
Merrill Lynch CMA Money Market Account
Common Stocks
1,312.041 shares Vanguard Wellesly Income
Fund @ $20.74/share
1,000 shares Waypoint Finl. Corp. @
17.96/share
200 shares Merck & Co. Inc. @ $61.69/share
3,376 shares Federated American Leaders Fund,
Inc. A @ $21.17/share
3,473.262 shares Federated Kaufmann Fund K @
$4.33/share
400 shares BSCH Finance Ltd. @ $27.40/share
400 shares General Motors Senior Notes @
$25.45/share
462 shares American Capital World Growth and
Income Fd. B @ $25.06/share
478.694 shares Fidelity Contrafund @
$43.26/share
479 shares ML Small Cap Value Fund Cl. B @
$19.79/share
510 shares American Growth Fund of America,
Cl. B @ 21.39/share
67 shares MetLife @ $29.41/share
719 shares American Funds Income Fund of
America B @ $15.52/share
94 Shares Waypoint Financial CP @
$18.86/share
Value
27,211.73
17,960.00
12,338.00
71,469.92
15,039.22
10,960.00
10,180.00
11,577.72
20,708.30
9,479.41
10,908.90
1,970.47
11,158.88
1,688.24
11:05
Total
490.37
Preferred Stocks
400 shares JP Morgan Chase Cap X @
$27.02/share
232,650.79
10,808.00
- 1 -
Inventory
Estate of Maurice John
From 07/07/2003 To 07/07/2003
Description
Accrued Income
Federal Notes and Bonds
One $10,000 U.S. Savings Bond, Series HH
One $500 U.S. Savings Bond, Series HH
U.S. Savings Bonds, Series E
U.S. Savings Bonds, Series EE
Seven $1,000 U.S. Savings Bonds, Series HH
Two $5,000 U.S. Savings Bonds, Series HH
Municipal Bonds
$10,000 Allentown PA Wtr. Rev. @106.810/share
$10,000 Monroe County PA Set E OID @
$106.867/share
$10,000 Southern York Cnty PA Sch DT @
$106.015/share
90.71
25.85
177.02
Value
10,000.00
500.00
4,830.00
128,664.20
7,000.00
10,000.00
10,771.71
10,712.55
10,778.52
11:05
Total
160,994.20
Certificates of Deposit
Commerce Bank Certificate of Deposit, No.
01700157
4.05
32,262.78
5,139.09
Misc. Personal Property
Personal Property; Value Estimated
Refunds
Hospice Refund
PA Department of Revenue - Refund re 2003
Income Tax Return
U.S. Treasury - Refund re 2003 Income Tax
Return
6,900.00
224.00
7,446.00
2,500.00
14,570.00
459,415.23
- 2 -
BUREAU OF ZND/VTDUAL TAXES
INHERITANCE TAX DIVISION
DEPT. 280601
HARRISBURG, PA 17128-0601
CONNONNEALTH OF PENNSYLVANZA
DEPARTNENT OF REVENUE
NOTZCE OF ZNHERZTANCE TAX
APPRAZSEMENT, ALLONANCE OR DZSALLONANCE
OF DEDUCTZONS AND ASSESSMENT OF TAX
RICHARD W STEVENSON ESQ
MCNEES ETAL
PO BOX 1166
HBG
PA 17108
DATE
ESTATE OF
DATE OF DEATH
FZLE NUHBER
~NTY
ACN
REV-lSd7 EX AFP {01-05)
05-$1-200q
JOHN HAURICE A
07-07-Z005
21 05-0619
CUHBERLAND
101
HAKE CHECK PAYABLE AND REHZT PAYHENT TO:
REGZSTER OF NZLLS
CUHBERLAND CO COURT HOUSE
CARLISLE, PA 17015
CUT ALONG THZS LZNE I1~ RETAZN LONER PORTZON FOR YOUR RECORDS ~
REV-15&7 EX AFP (01-03) NOTZCE OF ZNHERZTANCE TAX APPRAZSEHENT, ALLONANCE OR
ESTATE OF JOHN
DZSALLONANCE OF DEDUCTZONS AND ASSESSHENT OF TAX
HAURICE AFZLE NO. 21 05-0619 ACN 101
DATE 05-:51-200q
TAX RETURN NAS: (X) ACCEPTED AS FZLED
RESERVATZON CONCERNZNG FUTURE ZNTEREST - SEE REVERSF.
CHANGED
APPRAZSED VALUE OF RETURN BASED ON: ORIG[NAL RETURN
1. Real Es4:a4:e (Schedule A) (1)
2. S4:ocks and Bonds (Schedule B) (2)
$. Closely Held S4:ock/Par4:nership Zn4:eres4: (Schedule C) ($)
q. Mor4:gages/No4:es Receivable (Schedule D) (q)
5. Cash/Bank Deposi4:s/Misc. Personal Proper4:y (Schedule E)
6. Jo/n4:ly Owned Proper4:y (Schedule F) (6)
7, Transfers (Schedule G) (7)
8. To4:al
APPROVED DEDUCTZONS AND EXEHPTZONS:
9. Funeral Expenses/Ada. Cos4:s/Misc. Expanses (Schedule H) (9)
10. Deb4:s/Hor4:gage L/eb/1/4:/es/L/ens (Schedule 1) (10)
11. To4:al
.O0
~:57~206.1~
.00
.00
2Z~Z09.09
110~98Z.~9
6:5~06q.q5
(8)
16,196.58
9,18q.17
(11)
12.
15.
1~.
NOTE:
Ne4: Value of Tax Re4:urn (12)
Char/4:abZe/Governmen4:al Beques4:s; Non-elac4:ad 9115 Trus4:s (Schedule J) (15)
Ne4: Value of Es4:a4:e Sub.iec4:4:0 Tax (1~)
];f an assessment ~as issued previously, lines 1~, 15 and/or 16, 17,
reflect figures that include the total of ALL returns assessed to date.
ASSESSHENT OF TAX:
15. Amoun4: of Line 1~ a4: Spousal ra4:e
16. Amoun4: of L/ne 1~ 4:axable a4: L/neal/Class A ra4:e
17. Aeoun4: of L/ne lfi a4: S/bl/ng ra4:e
18. Amoun4: of Line lq 4:axabla a4: Colla4:eral/CZass B re4:a
19. Pr/nc/pal Tax Due
TAX CREDZTS:
PAYMENT RECE~t'I D/SCOUNT (+~
DATE NUMBER ZNTEREST/PEN PA]:D (-)
10-06-200:5 CD005092 1,:568.18
05-2~-200~ REFUND . O0
NOTE: To /nsure proper
credi4:4:0 your accoun4:,
submi4: 4:ha upper por4:ion
of 4:his fore wi4:h your
653,q6Z.17
25.380.75
608,081.q2
.00
608,081.q2
( ZF TOTAL DUE ZS LESS THAN $1, NO PAYMENT 1S RE~UZRED.
IF TOTAL DUE ZS REFLECTED AS A "CREDZT" (CR), YOU MAY BE DUE
A REFUND. SEE REVERSE S/DE OF THZS FORM FOR INSTRUCTZONS.)
ZF PA/D AFTER DATE ZNDZCATED, SEE REVERSE
FOR CALCULATZON OF ADDZTIONAL ZNTEREST.
TOTAL TAX CREDZT
BALANCE OF TAX DUE
ZNTEREST AND PEN.
TOTAL DUE
27,56:5.66
.00
.00
.00
26,000.00
q.SZ-
AMOUNT PA/D
(1S) .00 X O0 = .00
(Z6) 608,081.q2 X Oq5= 27,565.66
(z7) .00 x 12 = .00
(~8) .00 x 15 = .00
(19)~ 27,565.66
18 and 19
RESERVATION: Estates of decedents dying on or before December 12, L982 -- if any future interest in [ha estate is transferred
in possession or enjoyment to CLass 8 (colLateral) beneficiaries of the decedent after the expiration of any estate far
lira or for years, [ha CoemonwaaLth hereby expressLY reserves the right to appraise and assess transfar Inheritance Taxes
at the lawful CLass 8 (coLLateral) rate on any such futura interest.
PURPOSE DF
NOTICE: To fulfill the requirements of Section 2L46 of [ha Inharitanca and Estate Tax Act[ Act 25 of 2066. (72 P.S.
Saction 9L40).
PAYNENT: Detach [ha top portion of this Notice and submit wlth your payment to the Register of HiLls prlntad on the reverse side.
--Hake check or money order payable to: REGISTER OF HILLS, AGENT
REFUND (CR): A rafund of a tax credit, which was not requested on the Tax Return, amy bo rsquasted by completing an "Application
for Refund of Pennsylvania Inheritance and Estate Tax" (REV-IS15). Applications are available at the Offica
of the Register of Hills, any of the ZS Revenue District Offices, or by calling tha special Z4-hour
answering service for forms ordering: 1-800-56Z-ZO50; services for taxpayers with special hearing and / or
speaking needs: 1-800-447-50Z0 (TT only).
OBJECTIONS: Any party in in[ares[ not satisfied with the appraisement, aLloaance, or disaLLowanca of deductions, or assessment
of tax (including discount or interest) as shown on this Notice must object within sixty (60) days of receipt of
this Notice by:
--cfi[ten protest to the PA Department of Revenue, Board of Appeals, Dept. ZSlOZ1, Harrisburg, PA 171ZS-IOZI, OR
--election to have the matter determined at audit of the account of the personal representative, OR
--appeal to the Orphans' Court.
ADNIN-
/STRATIVE
CORRECTIONS: Factual errors discoverad on this assassaant should be addrassad in writing to: PA Department of Revanua,
Bureau of Individual Taxes, ATTN: Post Assassmant Raviaw Unit, Dap[. Z80601, Harrisburg, PA 171Z8-0601
Phone (717) 787-6505. See page 5 of the booklet "Instructions for Inheritance Tax Return for a Resident
Decedent" (REV-[SOL) for an explanation of administratively correctable errors.
DISCOUNT: If any tax due is paid within three (5) calendar months after the dacedent's death, a riva percent (5X) discount of
the tax paid is allowed.
PENALTY: The 15Z tax amnesty non-participation penalty is computad on the total of the tax and in[aras[ assassed, and not
paid bafora January 1St 1996, [ha first day after the end of the tax amnesty period. This non-participation
penalty is appealabla in the same manner and in the tha same time period as you would appeal the tax and interest
that has been assessed as indicated on this notice.
INTEREST: Interest is charged beginning with first day of delinquency, or nine (9) months and one (1) day from the date of
death, to the date of payaant. Taxes which became delinquent befora January 1, 198Z bear interest et the rata of
six (6Z) percent par annum calculatad at a daily rate of .000164. All taxes ahich became delinquent on and altar
January 1, 198Z ail1 bear interest at a rate which ail[ vary from calendar year to colander year with that rate
announced by the PA Department of Revenue. The applicabla interast rates for 1982 through 2004 ara:
Interest Daily Interest Daily Interest
Year Rate Factor Year Rate
~ 20Z .000548 ~)'~'8-1991 111
1985 162 .000458 1992 92
1984 llX .000501 1995-1994 7Z
1985 13Z .000556 1995-1998 9Z
1986 lOZ .000274 1999 72
1987 lOX .000Z74 ZOO0 72
--Interest is calculated as follows:
Daily
Factor Year Rate Factor.
.000501 ~ 9Z .000Z47
.000Z47 ZOO2 6Z .000L64
.00019Z 2005 5Z .000157
.000Z47 ZOO4 4Z .000110
.000IgZ
.O00lgz
INTEREST = BALANCE OF TAX UNPAID X NUNBER OF DAYS DELINI~UENT X DAILY INTEREST FACTOR
--Any Notice issued after [ha tax becomes delinquent will raflect an interest calculation to fifteen (15) days
beyond the date of the assessment. If payment is made after the interest computation date shown an the
Notice, additional interest must ba calculated.