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HomeMy WebLinkAbout04-0358 Register of Wills for Cumberland County, Pennsylvania PETITION FOR GRANT OF LE'n'ERS Estateof MARGARET R. RIGGINS, Deceased No. ¢~1--Ol-'{ -~-.~,,~'~ Also known as Social Security No. 181-54-6137 Petitioner who is 18 years of age or older, applies for: (COMPLETE 'A' or 'B' BELOW:) · , Probate and Grant of Letters Testamentary and aver that Petitioner is the executor named in the last Will of the Decedent, dated Mamh 19,2004. Except as follows, Decedent did not marry, was not divorced, and did not have a child bom or adopted after execution of the documents offered for probate; was not the victim of a killing and was never adjudicated incompetent: None. [] B. Grant of Letters of Administration (I_).B.N.G.I .A; pendente lite; aurante absentia; aurante minomate) 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 (COMPLETE IN ALL CASES) At1 ~ch additional sheets it necessary. Decedent was domiciled at death in Cumberland County, Pennsylvania, with her last family or p-rincipal rd~sidence at 11 Ocker Lane, Shippensburq, Southampton Township1 Pennsylvania (list street, number, and municipality) Decedent, then fody-four (44) years of age, died Apdl 4, 2004, at 11 Ocker Lane Shppensburg, Pennsylvania, in Cumberland County. Decedent at death owned property with estimated values as follows: (If domiciled in Pa.) All personal property (If not domiciled in Pa.) Personal property in Pennsylvania (If not domiciled in Pa.) Personal property in County Value of real estate in Pennsylvania Situated as follows: 11 Ocker Lane, Shippensburq, Southampton Township, Pennsylvania WHEREFORE, petitioner 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: Signature Typed or printed name and residence Ar, .~,~,~' .~ _~,~f Michael A. McNew, 1042 Willowbrook Dr. Chambersburg, PA $5,000.00 $90,00.00 OATH OF PERSONAL REPRESENTATIVE COMMONWEALTH OF PENNSYLVANIA: COUNTY OF CUMBERLAND: The Petitioner above named, swears or affirms that the statements in the foregoing Petition are true and correct to the best of the knowledge and belief of Petitioner and that as personal representative of the above Decedent, Petitioner will well and truly administer the estate according to law. Sworn to or affirmed and subscribed- ' before me this ~ l--~'~'~ day · of Apdl, 2004 . : Estate of MARGARET R. RIGGINS, Deceased Social Secudty No.: 181-54-6137 Date of Death: April 4, 2004 AND NOW, ~,~'~ I 1~ ') 2004, in consideration of the Petition on the reverse side hereof, satisfactory proof having been presented before me, IT IS DECREED that Letters Ea'Testamentary [] Of Administration (d.b.n.c.t.a.; pendente lite; durante absentia; durante minoritate) are hereby granted to Michael A. McNew in the estate of Margaret R. Riggins, and that the instrument dated Mamh 19, 2004, described in the Petition be admitted to probate and filed of record as the last Will of Decedent. FEES Letters Short Certificate(s)(.~5..-~. $ Renunciation .............. $ Affidavits ( ) ............... $ Extra Pages ( ) ........... $ Codicil ( ) .................. $ JCP Fee ................... $ Inventory ................... $ Other ....................... $ TOTAL /o- oo ..................... $ ~3'q. O0 A-I-I'ORNEY: Courtney J. Graham I.D. No.: (23685) Address: 223 Lincoln Way East Chambersburg, PA 17201 Telephone: (717) 264-1100 his, is to certify that the information here given is correctly copied from an original certificate of death duly filed with me as 1.()c~tl 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, $2.00 Local Registrar H105.143 Rev. 2/87 IN NAME OF DECEDENT (F~r~ Middle, I~.RMANENT 21 COMMONWEALTH OF PENNSYLVANIA · DEPARTMENT OF HEALTH · VITAL REC~RB8 CERTIFICATE OF DEATH R. ins ,.female I'. 181- 54 - 6137 ,. April 4, 2004 AG~ (IJ~ B~) DATE O~ BIRTH BIRTHP%ACE (Ci~ am:l (Moth. Day. Yeer) ~ m Famlgn Co~at~y ~<ol~r.N~ OT~: 44 v,,. it8-9-1959 ~smberstmr$~PA ~.~T''D ,~o...I-I ~1-1 w~ ~c~ I~ 11 ~ker ~ne I~.~.~ ~rl~ I ~o. ~te I u,s.~o~s? I t~~ ~ ~' 1~'~) Se~ces ~ ~ ~ .... ~ di~rc~ 11 ~k~ ~e ~ ~.~ v..~ Sout~ton ,~s~g, PA. 17257 ~ ,~. ~ C~rl~ LAST WILL AND TESTAMENT OF MARGARET R. RIGGINS I, Margaret R. Riggins, of 11 Ocker Lane, Shippensburg, Pennsylvania, hereby declare this as and for my last will and testament and revoke all wills previously made by me. At the time of the execution of this will, I am unmarried and have one child, Joshua A. Riggins. I. To My Son: GIFTS · I give my entire estate to my son, Joshua A. Rigg~ns. ~'~ ,iD ADMINISTRATIVE PROVISIONS II. Adopted Persons: Adopted persons shall be considered as children of their adoptive parents, and they and their descendants shall be considered as descendants of their adoptive parents. III. Survivorship: For purposes of the gifts under this will, no beneficiary shall be regarded as surviving me unless such person survives me by thirty (30) days or more, exclusive of the date of my death. IV. Trust Provisions: Should any beneficiary entitled to distribution under my will be under the age of twenty-five years, the share of such beneficiary shall be held by the Trustee hereinafter named IN SEPARATE TRUST for the benefit of such beneficiary as follows: A. As much of the principal of such separate trust as Trustee in its sole discretion may from time to time think advisable for the support of such beneficiary in his or her station of life to which he or she is accustomed at the time such separate trust is created hereunder, and for the support, welfare and education (including vocational and college education, both graduate and undergraduate) of such beneficiary or during illness or emergency, shall be either paid to such beneficiary or else applied directly for him or her or his or her benefit by Trustee after taking into account his or her other readily available assets and sources of income, and his or her respective income tax bracket. B. Prior to the beneficiary of such trust attaining the age of twenty-one years, Trustee shall accumulate all the income for the benefit of such beneficiary which income shall thereafter be added to and become principal. C. When the beneficiary of such trust attains the age of twenty-five years, Trustee shall distribute absolutely to him or her the entire then-remaining principal of his or her separate trust, thus terminating the same. During the period when the beneficiary of such separate trust is between the ages of twenty-one years and twenty-five years, the Trustee shall further pay the net income from the principal balance of such trust to him or her in convenient installments, at least quarter-annually. V. Protective Provision: No interest in income or principal shall be assignable by, or available to anyone having a claim against, a beneficiary before actual payment to the beneficiary. VI. Death Taxes: All death taxes payable because of my death on the property forming my gross estate for tax purposes, whether or not it passes under this will, shall be paid out of the principal of my probate estate so that the burden falls on my residuary estate and none of those taxes shall be charged against any beneficiary. VII. Tax Options: I authorize my executors to exercise any options available in determining and paying death taxes in my estate. In my corporate executor's sole discretion (if I have a corporate executor), no compensating adjustments shall be required between income and principal or between my trusts. VIII. Management Provisions: I authorize my fiduciaries: A. To retain and to invest in all forms of real and personal property, including common trust funds operated by my corporate executor, regardless of any limitations imposed by law on investments by executors or any principle of law concerning investment diversification; B. To compromise claims and controversies, and to abandon any property which, in my executors' opinion, is of little or no value; C. To distribute property in kind, in cash or partly in each, in such manner as may be determined and at valuations fixed by the fiduciary. D. To sell at public or private sale, to exchange or to lease for any period of time any real or personal property and to give options for sales, exchanges, and leases for such prices and on such terms and conditions as is deemed proper. E. To allocate any property received or charge incurred to principal or income or partly to each, without regard to any law defining principal and income. F. To retain property in kind and distribute to or for the use of any minor beneficiary. G. To exercise any election or privilege given by the federal or other tax laws and to make or not to make equitable adjustment for the exercise or nonexercise of any such election or privilege. H. To pay the income of my estate, pending final distribution to my children, or for their use and benefit, in such amounts to such of them, and at such times as may be deemed necessary or advantageous for tax purposes. I. To make and file a disclaimer on my behalf. These authorities shall be in addition to those granted by law and shall be exercisable without court authorization. IX. Early Ending of Trusts: If my trustee, in my trustee's sole discretion, determines that it is desirable to do so, my trustee may end any trust under this will. This may be done by paying the then-remaining principal and income of that trust to the person then eligible to receive the income or, if there is more than one person, to them in such amounts or proportions as my trustee may think appropriate. If any person is a minor or is, in my trustee's opinion, disabled by illness or other cause and unable to properly manage the funds, my trustee may pay the funds to his or her parent or guardian or to any person or organization taking care of the person. In the case of a minor, my trustee also may deposit the funds in a savings account in the minor's name payable to the minor at majority, or appoint and pay the funds to a custodian for the minor under the Uniform Gifts to Minors Act of any state. My trustee shall have no further responsibility for funds so paid or deposited. FIDUCIARIES X. Executors: I appoint my nephew, Michael A. McNew, as executor of this will, but should he fail to qualify or cease to act as such, I appoint his wife, Shelly McNew, in her stead. No fiduciary appointed herein shall be required to file a bond. XI. Guardians of the Person and Estate: I appoint Michael A. McNew and Shelly McNew, guardian of the persons of my son during his minority and guardian of the estate of my son over any property that may pass to them other than under this will or a trust of mine. I direct that no guardian shall be required to give bond. XII. Trustee: I appoint Michael A. McNew and Shelly McNew as co-trustees of any trusts created by this will. ! direct that any individual Trustee may resign at any time without Court approval. IN WITNESS WHEREOF, I have hereunto set my hand and seal to this my last will and testament, consisting of five (5) typewritten pages, including the affidavit following, each affixed with my signature, this 19tk day of March, 2004. -- l Iarga t'R. Riggins ' Signed, sealed, published and declared by the above-named testatrix as and for her last will and testament in the presence of us, who at her request, in her sight and presence and in the sight and presence of each other, have hereunto subscribed our names as witnesses. COMMONWEALTH OF PENNSYLVANIA: SS: COUNTY OF FRANKLIN: We, Margaret R. Riggins, ~-~/t_~{ r~ -~) --}3 a I e and ~ 0-~( -~ J~ ~a ~ ~e ~- , the testatrix and the witnesses respectively, whose names are signed to the attached or foregoing instrument, being first duly sworn, do hereby declare to the undersigned authority that the testatrix signed and executed the instrument as her last will and that she had signed willingly (or willingly directed another to sign for her), and that she executed it as her free and voluntary act for the purposes therein expressed, and that each of the witnesses, in the presence and hearing of the testatrix signed the will as witnesses and that to the best of their knowledge the testatrix was at the time eighteen years of age or older, of sound mind and under no constraint or undue influence. Margaret R. Riggins Sworn and subscribed to before me this 19~h day of March, 2004 X~Notary Publ~c '' '~ I KAREN L. KIMPLE, NOTARY PUBLIC CHAMBERSBURG, FRANKLIN COUNTY, PA MY COMMISSION EXPIRES JUNE 7, 2005 Cumberland County - Register Of Wills Hanover and High Street Carlisle, PA 17013 Phone: (717)240-6345 Date: 07/01/2004 GRAHAM COURTNEY J 223 LINCOLN WAY EAST CHAMBERSBURG, PA 17201 RE: Estate of RIGGINS MARGARET R File Number: 2004-00358 Dear Sir/Madam: It has come to my attention that you have not filed the Certification of Notice Under Rule 5.7 (a) in the above captioned estate. As per the AMENDMENTS TO SUPREME COURT ORPHANS' COURT RULES, NO. 103 SUPREME COURT RULES DOCKET NO. 1, for decedents dying on or after July 1, 1992, the personal representative or his counsel, within ten (10) days after giving proper notice to the beneficiaries and intestate heirs as required by subdivision (a) of Rule 5.7, shall file with the Register of Wills or Clerk of the Orphans' Court his/her Certification of Notice. This filing will become delinquent on 07/24/2004 Your prompt attention to this matter will be appreciated. Thank You. CC: File Personal Representative(s) Judge Sincerely, GLENDA FARNER STRASBAUGH ~_J Clerk of the Orphans' Court Cumberland County - Register Of Wills Hanover and High Street Carlisle, PA 17013 Phone: (717)240-6345 Date: 07/01/2004 MCNEW MICHAEL A 1042 WILLOWBROOK DRIVE CHAMBERSBURG, PA 17201 RE: Estate of RIGGINS MARGARET R File Number: 2004-00358 Dear Sir/Madam: It has come to my attention that you have not filed the Certification of Notice Under Rule 5.7 (a) in the above captioned estate. As per the AMENDMENTS TO SUPREME COURT ORPHANS' COURT RULES, NO. 103 SUPREME COURT RULES DOCKET NO. 1, for decedents dying on or after July 1, 1992, the personal representative or his counsel, within ten (10) days after giving proper notice to the beneficiaries and intestate heirs as required by subdivision (a) of Rule 5.7, shall file with the Register of Wills or Clerk of the Orphans' Court his/her Certification of Notice. This filing will become delinquent on 07/24/2004 Your prompt attention to this matter will be appreciated. Thank You. CC: File Counsel Judge Sincerely, GLENDA FARNER STRASB JG~J Clerk of the Orphans' Court Will No. ~.D/~q. To the Register: CERTIFICATION OF NOTICE UNDER RULE 5.6(a~ Admin. No. <~ ] - {3q - ~,.~5'~ I certify that notice of (beneficial interest) estate administration required by Rule 5.6(a) o[ the~ O~hans' Court Rules was served on or mailed to the following beneficiaries Of the above-captioned estate on q,[.}3 !Or{ : Sallie Address Notice has now been given to all persons entitled thereto under Rule 5.6(a) except Date: I~ t: EE 6- 9RV Ir0. Signature Name Address {)~ l-ld. OI Telephone (~ /'l) ~}~q- t IOO Capacity: __ Personal Representative ~ Counsel for personal representative Cumberland County - Register Of Wills One Courthouse Square Carlisle, PA 17013 Phone: (717) 240-6345 Date: 3/06/2006 GRAHAM COURTNEY J 223 LINCOLN WAY EAST CHAMBERSBURG, PA 17201 RE: Estate of RIGGINS MARGARET R File Number: 2004-00358 Dear Sir/Madam: This notice is to serve as a reminder that the Status Report by Personal Representative under Rule 6.12 is due on the below listed date. As per the AMENDMENTS TO SUPREME COURT ORPHANS' COURT RULES, NO. 103 SUPREME COURT RULES DOCKET NO.1, for decedents dying on or after July 1, 1992, the personal representative or his counsel, within two (2) years of the decedent's death, shall file with the Register of Wills a Status Report of completed or uncompleted administration. This filing is due by: 4/04/2006 please feel free to contact this office with any questions you may have. If you have already filed your Status Report, please disregard this notice. Sincerely, ~~~ Glenda Farner Strasbaugh Clerk of the Orphans' Court cc: File Personal Representative(s) Vr Cumberland County - Register Of Wills One Courthouse Square Carlisle, PA 17013 Phone: (717) 240-6345 Date: 3/06/2006 CHRONISTER PERCY K 861 WEST LOUTHER STREET CARLISLE, PA 17013 RE: Estate of CHRONISTER MERVIN M File Number: 2004-00371 Dear Sir/Madam: This notice is to serve as a reminder that the Status Report by Personal Representative under Rule 6.12 is due on the below listed date. As per the AMENDMENTS TO SUPREME COURT ORPHANS' COURT RULES, NO. 103 SUPREME COURT RULES DOCKET NO. I, for decedents dying on or after July I, 1992, the personal representative or his counsel, within two (2) years of the decedent's death, shall file with the Register of Wills a Status Report of completed or uncompleted administration. This filing is due by: 4/11/2006 Please feel free to contact this office with any questions you may have. If you have already filed your Status Report, please disregard this notice. Sincerely, ~~~ Glenda Farner Strasbaugh Clerk of the Orphans' Court cc: File Counsel V~ STATUS REPORT BY PERSONAL REPRESENTATIVE UNDER PENNSYLVANIA SUPREME COURT ORPHANS' COURT RULE 6.12 Name of Decedent: Margaret R. Riqqins Date of Death: 4/4/2004 Will No. 2004-00358 Admin. No. 21-04-0358 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: 3. If the answer to NO.1 is Yes, state the following: a. Did the personal representative file a final account with the Court? Yes No X b. The separate Orphans' Court No. (if any) for the personal representative's account is: None c. Did the personal representative state an account informally to the parties in interest: Yes No X d. Copies of receipts, releases, joinders and approvals of formal or informal accounts may be filed with the Clerk of the Orphans' Court and may be attached to this report. GRAHAM & GRAHAM Date: March 29) 2006 by {/~J~t,J-- Courtney1G{aham #23685 Counsel for Personal Representative 223 Lincoln Way East Chambersburg, PA 17201 (717) 264-1100 \c\ In Re: Estate of RIGGINS MARGARET R ORPHANS' COURT DIVISION COURT OF COMMON PLEAS OF CUMBERLAND COUNTY PENNSYLVANIA NO. 2004-00358 NOTICE OF FAILURE TO FILE STATUS REPORT Personal Representative: MCNEW MICHAEL A Counsel for Personal Representative: GRAHAM COURTNEY J Date of Decedent's Death: 4/4/2004 The Orphans' Court record indicates that neither the above named personal representative nor the above named counsel for the personal representative have filed with the Register of Wills or Clerk of the Orphans' Court his, her or its Status Report required by Rule 6.12, Supreme Court Orphans' Court Rule and that the requisite notice, pursuant to Rule 6.12, Supreme Court Orphans' Court Rules, is hereby given by that the you have ten (10) day to file the Status Report. If the required 6.12 form is not filed in accordance with Rule 6.12 the Court will be notified of such delinquency and the undersigned will requests that a Court conduct a hearing to determine whether sanctions should be imposed upon the delinquent personal representative or counsel for the delinquent personal representative. ~~J~ Date: 4/25/2006 Glenda Farner Strasbaugh Clerk of the Orphans' Court Distribution: Personal Representative Counsel for Personal Representative Estate File In Re: Estate of RIGGINS MARGARET R ORPHANS' COURT DIVISION COURT OF COMMON PLEAS OF CUMBERLAND COUNTY PENNSYLVANIA NO. 2004-00358 NOTICE OF FAILURE TO FILE STATUS REPORT Personal Representative: MCNEW MICHAEL A Counsel for Personal Representative: GRAHAM COURTNEY J Date of Decedent's Death: 4/4/2004 The Orphans' Court record indicates that neither the above named personal representative nor the above named counsel for the personal representative have filed with the Register of Wills or Clerk of the Orphans' Court his, her or its Status Report required by Rule 6.12, Supreme Court Orphans' Court Rule and that the requisite notice, pursuant to Rule 6.12, Supreme Court Orphans' Court Rules, is hereby given by that the you have ten (10) day to file the Status Report. If the required 6.12 form is not filed in accordance with Rule 6.12 the Court will be notified of such delinquency and the undersigned will requests that a Court conduct a hearing to determine whether sanctions should be imposed upon the delinquent personal representative or counsel for the delinquent personal representative. ~~A-/~ Date: 4/25/2006 Glenda Farner Strasbaugh Clerk of the Orphans' Court Distribution: Personal Representative Counsel for Personal Representative FstMe File 05-22-2006 RIGGINS 04-04-2004 21 04-0358 CUMBERLAND 101 APPEAL DATE: 07-21-2006 ( See reverse side under Objections) Amount Remitted I I MAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 CUT ALONG THIS LINE --+ RETAIN LOWER PORTION FOR YOUR RECORDS +-- REv:is47-Ex-AFP-C03:osj-NoTIcE-OF-INHERITANCE-TAX-APPRAIsEMENT:-ALLowANCE-OR--------------- DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX MARGARET R FILE NO. 21 04-0358 ACN 101 BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX DIVISION PO BOX 280601 HARRISBURG PA 17128-0601 COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX COURTNEY J GRAHAM GRAHAM & GRAHAM 223 LINCOLN WAY EAST CHAMBERSBURG PA 17201 DATE ESTATE OF DATE OF DEATH FILE NUMBER COUNTY ACN ESTATE OF RIGGINS REV-1S47 EX AFP l06-0S) MARGARET R TAX RETURN WAS: (X) ACCEPTED AS FILED DATE 05-22-2006 ) CHANGED RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. Real Estate (Schedule A) 2. Stocks and Bonds (Schedule B) 3. Closely Held Stock/Partnership Interest (Schedule C) 4. Mortgages/Notes Receivable (Schedule D) 5. Cash/Bank Deposits/Misc. Personal Property (Schedule E) 6. Jointly Owned Property (Schedule F) 7. Transfers (Schedule G) 8. Total Assets (1) (2) (3) (4) (5) (6) (7) 94,470.00 .00 .00 .00 9,615.74 .00 .00 (8) APPROVED DEDUCTIONS AND EXEMPTIONS: 9. Funeral Expenses/Adm. Costs/Misc. Expenses (Schedule H) 10. Debts/Mortgage Liabilities/Liens (Schedule I) 11. Total Deductions 12. Net Value of Tax Return 13. Charitable/Governmental Bequests; Non-elected 9113 Trusts (Schedule J) 14. Net Value of Estate Subject to Tax (9) (10) 9,839.54 102.409.38 (11) (12) (13) (14) NOTE: To insure proper credit to your account, submit the upper portion of this form with your tax payment. 104,085.74 112.248.92 8,163.18- .00 8,163.18- NOTE: 14, 15 and/or 1&, 17, 18 and 19 will returns assessed to date. If an assessment was issued previously, lines reflect figures that include the total of ALL ASSESSMENT OF TAX: 15. Amount of Line 14 at Spousal rate 16. Amount of Line 14 taxable at Lineal/Class A rate 17. Amount of Line 14 at Sibling rate 18. Amount of Line 14 taxable at Collateral/Class B rate 19. Principal Tax Due TAX CREDITS: (15) (16) (17) (l8) .00 X 00 = .00 X 045= .00 X 12 = .00 X 15 = (19)= .00 .00 .00 .00 .00 r"'r1"'''' ,,"'...."'... l + J AMOUNT PAID DATE NUMBER INTEREST/PEN PAID (-) TOTAL TAX CREDIT .00 BALANCE OF TAX DUE .00 INTEREST AND PEN. .00 TOTAL DUE .00 * IF PAID AFTER DATE INDICATED, SEE REVERSE FOR CALCULATION OF ADDITIONAL INTEREST. { IF TOTAL DUE IS LESS THAN $1, NO PAYMENT IS REQUIRED. ~ ,\} IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR), YOU MAY BE D E h\i ' A RFFlJNn_ ~FF RI=UF'Jt!lc:::.1= c:::.Tn~ nl:' TUT~ E:'nDM E:'nD T...COTD....--TT"....IP "' . "'~\'/ " REV. 1100 EX + ~) W I- lS ~~ w~g ::J:O.... o fm ~ <t *' C)FF!Clj),J. USt: ()f'iLY REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT RLE NUMBER 21 ~'\ COUNTY CODE YEAR SOCIAL SECURITY NUMBER ~)s~ NUMBER COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE DEPT. 280601 HARRISBURG, PA 17128-0601 I- Z W o W l.) W o DECEDENTS NAME (LAST, FIRST, AND MIDDLE INITIAL) Riggins, Margaret R. DATE OF DEATH (MM-DD-YEAR) DATE OF BIRTH (MM-DD-YEAR) 181-54-6137 THIS RETURN MUST BE FILED IN DUPUCATE WITH THE REGISTER OF WILLS SOCIAL SECURITY NUMBER o 3. Remainder Return (date of death prior to 12.13-82) o o ~ 1. Original Return o ~ o o 2. Supplemental Return O 4a. Future Interest Compromise (date of death after 12-12-82) 6. Decedent Died Testate (Attach copy 0 7. Decedent Maintained a Living Trust (Attach of Will) copy of Trust) 9. Litigation Proceeds Received 0 10. Spousal Poverty Credit (date of death between 12-31-91 and 1-1-95) l;illl'..II_IIIIII[III';11 5. Federal Estate Tax Return Required 8. Total Number of Safe Deposit Boxes o 11.EJection to tax under Sec. 9113(A) (Attach Sch 0) 04/04/2004 08/09/1959 (IF APPLICABLE) SURVIVING SPOUSE'S NAME ( LAST, FIRST AND MIDDLE INITIAL) 4. Limited Estate thl- ~ffi a:: 0 OZ O~ .I;.IIII.~IC' NAME Courtney J. Graham FIRM NAME (If applicable) Graham & Graham '11~..gl;~II'" COMPLETE MAILING ADDRESS 223 Lincoln Way East Chambersburg, PA 17201-2231 (1 ) 94,470.00 (2) None (3) None (4) None (5) 9,615.74 (6) None (7) None (8) (9) 9,839.54 (10) 102,409.38 OFF!(:;I/~tl;lSE ONLY (-....."''l ~.,~'r1 Ul 104,085.74 TELEPHONE NUMBER 717/264-1100 1. Real Estate (Schedule A) 2. Stocks and Bonds (Schedule B) z o J= :3 ~ ii: < l.) w a:: 3. Closely Held Corporation, Partnership or Sole-Proprietorship 4. Mortgages & Notes Receivable (Schedule D) 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) 6. Jointly Owned Property (Schedule F) o Separate Billing Requested 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (Schedule G or L) 8. Total Gross Assets (total Lines 1-7) 9. Funeral Expenses & Administrative Costs (Schedule H) 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) 11. Total Deductions (total Lines 9 & 10) (11 ) 112,248.92 12. Net Value of Estate (Line 8 minus Une 11) (12) insolvent 13. Charitable and Govemmental Bequests/Sec 9113 Trusts for which an election to tax has not been made (13) (Schedule J) 14. Net Value Subject to Tax (Line 12 minus Line 13) (14) SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES 20. 0 15. Amount of Line 14 taxable at the spousal tax rate, x .00 (15) or transfers under Sec. 9116(a)(1.2) Z .045 (16) 0 16. Amount of Line 14 taxable at lineal rate x J= :: :;) (17) a.. 17. Amount of Line 14 taxable at sibling rate x .12 =: 0 l.) >< 18. Amount of Line 14 taxable at collateral rate :: x .15 (18) 19. Tax Due (19) CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. ......'.!;~*~t;$t.iR~!'tO~~WERAL:L(}Q~"Ti~~~);~f4ij~~~t;.SIl)E..\N[)RE~"1-l:c~!M~tH...~~" Copyright 2000 form software only The Lackner Group, Inc. Fonn REV-1500 EX (Rev. 6-00) ~ Decedent's Complete Address: STREET ADDRESS 11 Ocker Lane CITY Shippensburg I STATE PA I ZIP 17257 Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A Spousal Poverty Credit 8. Prior Payments C. Discount (1 ) Total Credits (A + 8 + C) (2) 0.00 3. Interest/Penalty if applicable O. Interest E. Penalty (3) 0.00 (4) (S) 0.00 (SA) (58) 0.00 TotallnterestlPenalty (0 + E) 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 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. A Enter the interest on the tax due. 8. Enter the total of Line S + SA. This is the BALANCE DUE. Make Check Payable to: REGISTER OF WILLS, AGENT PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No a retain the use or income of the property transferred;.............................................................................................. 0 181 b. retain the right to designate who shall use the property transferred or its income;.............................................. 0 181 c. retain a reversionary interest; or.......................................................... .................................................................... 0 181 d receive the promise for life of either payments, benefits or care?........................................................................ 0 181 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration?.. .,. ....... ... ...... ............. ........ ... ..... ... ................ ... ...... ........... ........ .... ........ ............... ....... 0 181 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death?.................... 0 181 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation?. ...... ...... ........ ............................................. ........ .., .............. ........... ................ ............ 0 181 IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. DATE 1042 Willow brook Drive Chambersbur P A 17201 ?J~ ~_./)c DATE SIGN ADDRESS ADDRESS DATE 223 Lincoln Way East Chambersburg, P A 17201-2231 3 -M-(c:' 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. 99116 (a) (1.1) (i)J. For dates of death on or after January 1, 1995. the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0% [72 P.S. 99116 (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 retum are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1, 2000: The tax rate imposed on the net value of transfers from a deceased child twenty-one years of age or younger at death to or for the use of a natural parent, an adoptive parent, or a stepparent of the child is 0% [72 P.S. 99116 (a) (1.2)]. The tax rate imposed on the net value of transfers to or for the use ofthe decedent's lineal beneficiaries is 4.5%, except as noted in 72 P.S. 99116 1.2) [72 P.S. 99116 (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. 99116 (a) (1.3)J. 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. *' SCHEDULE A REAL ESTATE COMMONWEAL lH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF . . RIggms, Margaret R. I FILE NUMBER 21 - - All real property owned solely or as a tenant in common must be reported at fair market value. Fair market value is defined as the price at which property would be exchanged between a willing buyer and a willing seller, neither being compelled to buy or sell, both having reasonable knowledge of the relevant facts. Real properfy wl1ich is jointly-owned with righl of survivorship must be aisclosed on schedule F. ITEM NUMBER 1 DESCRIPTION VALUE AT DATE OF DEATH 94A70.00 Single Family Residence located at 11 Ocker Lane Shippensburg, PA (valued at assessed value ($94,470) times the common level ratio (1.00). Property sold at Sheriff s sale pursuant to foreclosure -copy of Sheriff s deed attached) TOTAL (Also enter on Line 1, Recapitulation) 94,470.00 . SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF R' . M R Iggms, argaret . I FILE NUMBER 21 - - Include the proceeds 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 1 DESCRIPTION VALUE AT DATE OF DEATH 3,715.25 M&T Bank checking acct #87947994 - including accrued interest $.07 2 Miscellaneous personal property - per appraisal by Gateway Gallery Auction 5,653.50 3 State Farm - refund on homeowner's policy 246.99 TOTAL (Also enter on Line 5, Recapitulation) 9,615.74 *' SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF . . M R RIggIns, argaret . I FILE NUMBER 21 - - Debts of decedent must be reported on Schedule I. ITEM NUMBER A. DESCRIPTION AMOUNT FUNERAL EXPENSES: Thomas L. Giesel Funeral Home, Inc. 6,539.00 1. ADMINISTRATIVE COSTS: Personal Representative's Commissions Michael A. McNew Social Security Number(s) I EIN Number of Personal Representative(s): 194-68-8555 Street Address 1042 Willowbrook Drive City Chambers burg State Year(s) Commission paid Attorney's Fees Graham & Graham PA Zip 17201 B. 2. 1,500.00 3. Family Exemption: (If decedent's address is not the same as daimant's, attach explanation) Claimant Street Address City Relationship of Claimant to Decedent Probate Fees Filing Fees State Zip 4. 237.00 5. Accountant's Fees 6. Tax Retum Preparer's Fees 7. Other Administrative Costs 1 T. C. Hauling 2 Cumberland Law Journal 700.00 75.00 Total of Continuation Schedule(s) 788.54 TOTAL (Also enter on line 9, Recapitulation) 9,839.54 '. COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT Schedule H Funeral Expenses & Administrative Costs continued ESTATE OF . . R RIggIns, Margaret . I FILE NUMBER 21 - - 3 The Sentinel 196.40 4 John F. Kohler, Jr. - appraisal fee 5 Comcast 6 Sprint 7 Adams Electric Cooperative, Inc. 145.00 126.74 182.75 137.65 Page 2 of Schedule H . SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DEceDENT ESTATE OF R. . M R 199ms, argaret . I FILE NUMBER 21 - - Include unreimbursed medical expenses. ITEM NUMBER 1 MS Hershey Medical Center DESCRIPTION AMOUNT 50.00 2 Chambersburg Hospital 50.00 3 Borough of Shippensburg 158.48 4 Adams Electric Cooperative 158.93 5 AT&T Wireless 158.42 6 AT&T Wireless 107.58 7 Washington Mutual Bank, F.A - FHA mortgage foreclosed upon (see attached complaint and judgment) 101,725.97 TOTAL (Also enter on Line 10, Recapitulation) 102,409.38 03/28/2006 08:47 717-261-9783 p~ : WO.FTAS .".. .. -ill. ,.., I..... CAPITAL ABSTRACT ..~ PAGE 02/04 e9 2005 10:25AM P14 F~X NO. :7172459661 ,. .... . ~c. ..~..,. ..... '....:. -:- ~. I~Lfo80L Tax Pmcel No. ~3'.2UW38 '" R(;!\!RT P. ZlEGLER ~~C(J~~DER OF OE€05 O . J'r 0' ~. :"; :- ~F.~'),U\~ID c td', . ~1':, lOOS JUL 1 AM 9 'ZZ Know aU Men by these Pr_Dts That 1, R. Thomas Kline, sheriff oftbe County of Cumberlandt 111. the State of Penmylvania, for and in consideration of the sum of SW, (pile DJdlar>t to me in hand paid, do hereby grant and convey to ~tal'Y of Veteralll Aftatrs4 ~ om~er of tu IJDited State. of Ameri" i.: RIAL ESTATE 8ALE No. 28 WI1tNo.~ CIVIl T..., w.htnItDn Mu&ulllenlc, FA. VI .....ar_1t. ~ MJaha" A. McNew, I!xecdtor tmd AINU. Law of u.. ratate of ,..,.... R.. HI" Idly: Dlnlel Schml.. DESCRIPTION ALL 'rHA T tb]1owiq dcImibcd tat (if fIOUftd ~JUJIie, Iybtg and being ia Sou.tbarnpton Townfihip. County of CumbDflIDd, Common~ttb ofPGnuytvaIa, bouru!Cl(l8lld HmltM u.llowR, lO wit: tlnGINNINO at . eomCf of JJnd now of tb.....Jy caf to.lph Ocker, bemg the N~ contl't of the ~ ~ said !sml joins eorr1Gf af lINIlIO'W IJI' tbrmerly of Errol V. Coy ROd Cnnrey M. Coy. big wifm thence at IIDd ;A fo . ~" now or fbnnerIJI ot R&1pb. ~-=r in an Eutm'Iy direction, a distilftCo Gti S po c:nce · ()1\11l\tld nGW or ftJrJnmly DrSrnidlln a Nortllcrl)' diRQdon. ft d~ of21$ feet, to .. pol . by land now ar formet1Y bf~rroI V. Co)' and Curvey M. COy, hts wl~ in .. Well..1)' direCtIon. .. dIstaftce of · 0 c contbluin land '} 4-0 '1 0 now or formerly of EJfUl V. Coy gd CuMJy M. Coy, hit. wl~ iu II ihorly d.irc~"on, a d~~ of 21 f,C) " ~. · poInt. !he place ofBEGJNNJNG. FUllnml bclDS.nbed M PArCc#t F, In Plan 29-19. nn..8 10 SAID ~ses is ~Iad hi Mtuprct ~lB8b'lI. ~ 51nalt wQmm, by Deed from BrilU) C. HaMt'lck bnd P....ta D. fltu1~ hublftd IIIld wJfb, dllte4 10/28/1999 and m:ordcd 111111999. in Daed Book ~lO Pl1g~ 803. TAX P A1\CBL ~D. 3,..31..2092-031. P1tSM1SBS being: t t Ocbr LIme, Shlppensbul1" ft A ) 7257. ""'lb. '4',- ~ ~ f. ~ /M.-cu1- ~ ~lf-hrv.- (1A ~ h- ~ BOOK 269 p"~E3903 .,.. ... .. 't....,,~. ..,...~___ .._.__...-.................._.___P'I MAK-14-~UUO IUt uo:~~ 1M ILI~ LLl.,. iA^ I~O. 111 ~OlJ IlL.) j. V I U PHELAN HALLINAN & SCHMIEG. LLP BY: Francis S. Hallinan, Esquire. Identification No. 62695 One Penn Center Plaza Suite 1400 Philadelphia, P A 19103 (215) 563-7000 WASHINGTON MUTUAL BANK, F.A. Attorney For Plaintiff COURT OF COMM:ON PLEAS CIV~ DIVISION Plaintiff v. ClJI\IIBERLAlID COUNlY NO. 04-640 I-CIVIL TERM ESTATE OF MARGARET R. RIGGThTS. MICHAEL A. MCNEWt EXECUTOR AND ALL HEIRS AT LAW OF r.dE ESTATE OF :MARGARET R. RIGGINS Defendant STIPULATION FOR ENTRY OF IN" REM JUDGMltNT. ACCEPTANCE OF SERVICE OF COMPLAINT'l AND W AlVER OF NOTICE OF SHERIFF'S SALE It is hereby stipulated by and between Plaintiff: W ARHINGTON MUTUAL BANK) F .A-, by and through its attorney, Francis S. Hall1nan, Esquire, and the Defendant, WCHAEL A. MCNEWt EXECUTOR OF THE ESTATE OF MARGARET R RIGGIN'S, that: l, Defendant hereby accepts service of Complaint filed in the within action on or about . 12/21/04~ 2. Defendant hereby waives the 10 day default notice. provision provided under Pa.R.C.P.237. M~~-lq-,VUQ IUC U~;L~ rM r L I, LL"-' iAA ~o. f II ~OlJ I1L0 ,. LJ I I 1 .,' 3. Judgment in rem only is entered in favor of Plaintiff and against Defendant in the above-captioned matter; and damages are assessed a.9 follows: Amolmt set forth in Complaint $100,641.09 together With interest trom 12/20/04 at the rate of$15.28 per diem to the date of judgment, and other costs and charges collectible under the mortga.ge and for foreclosure and sale of the mortgaged property. It is specifically understood by the parties that the Defendant has no personal liability for the debt secured by the mortgaget and is consenting to the within Foreclosure action to divest his interest in the subject mortgaged premises. 4. Defendant hereby consents to the legal action herein witholit any further notice of institution of legal prooeedings or sheriff' 8 sale. 5 + SpccifiaaUY!I Defondant waives the right to personal sen'1oe of the notice of sale and agrees that Plaintiff may effectua.te notice of sale pursuant to Pa.R.C.P. 3129 upon him by regular mail and thereafter filing art Affidavit of Service of same with the Office of the Prothonotary. J/a5/0) . I chael A. McNew, Exeoutor Of the Estate of Margaret R. Riggins Date~ Date: /,.9 V-o~ i\1lPir\-I,+-,lJVV IVI: I.JJ.0V rM iLl: L Ll.t i A ^ I~ o. I I I ~ 0 U I I 'v r. u u :, PHELAN BALLINAN 8:. SCHMIEG, L.LP. By: DANIEL G. SCHMIEG Identification No. 42205 Attorney for Pbdntiff . ONE P~NN CENTER AT SU8UR.BAN STATION 1617 JOHN F. KENNEDY BLVD., SUITE 1400 PHJLADELPHIA, fA 19103..1814 1'215) 563-7000 WASHINGTON MUl'UAL BANK, F.A. 8120 NATIONS W AYt BUILDING 100 JACKSONVILLE, FL 32256 Plaintiff, CUMBERLAND COUNTY COURT OF COMMON PLEAS C:rva DIVISION v. NO. 04-6401-CIVlLTERM ESTATE OF l\1ARGARET R. RIGGINS, . lVIlCHAEL A. MCNEW, EXECUTOR, AND ALL HEIRS AT LAW OF THE ESTATE OF MARGARET R. RIGGlNS 11 OCKER LANE SffiPPENSBlJRG, PA 17257 Defendant(s). PRAECIPE FOR IN REM JUDGMENT IN COMPLIANCE WITH SIGNED STIPULATION TO TIrE PROTHONOTARY: Kindly enter an in rem judgment in favor of the Plaintiff and against ESTATE OF ~R,GA.RET R~ RIGGINS.l\fiCHAEL A. MCNEW. EXECUTOR. ..4ND ALL HEIRS AT LAW OF THE ESTATE OF MARGARET R. RIGGINS~ Defendant(s) in accordance 'Witll'signed Stipulation for Entry orIn Rem Judgment, Acceptance of Service of Complaint, and Waiver of Notice of SherifFs Sale: As set forth in Complaint Interest from 12121/04 to 3/1/05 TOTAL $100,641.09 $ 1.084.88 $101,725.97 I hereby certify that (1) the addresses of the Plaintiff and Defendant(s) are as shown abovet and (2) that notice in accordance with Rule 237.1, is not required in this case per Stipulation. (a~ DANIEL G. SCHMJEG, E~IRE Attorney for Plaintiff DAMAGES ARE HERE. BY ASSESSED AS IND1CZ!Do ~ ~ DATE: ~..A a, U:CS" . ~ .J 7:2. e>nr PRO PROTHY ~- Irlflrm~ ~1.61~1~'~111 - ,.I!UIII.. gO .IIIII~!, ~ ?%/. ~.,..l.>/e /.,t.'l r;~. /l./. /../It./ L-: .~. . 'al!e1l.71/l. / r c4 . (/ r-l TIIERIUIIT / . u/~ (J <llte'lt 0.)/ ~. ....~ CHOICE {/ John F. Kohler, Jr., Auctioneer/Appraiser April 20, 2004 Graham & Graham - Attorneys-at-Law 223 Lincoln Way East Chambersburg, PA 17201 Re: Estate of Margarete R Riggins Dear Attorneys Graham: Attached is the appraisal of the items specified from the Estate of Margarete R. Riggins. This appraisal was completed at 11 Ocker Lane, Cleversburg, P A on April 13, 2004. After review of conditions, my opinion of the fair market value is as follows: Five Thousand Six Hundred Fifty Three Dollars and Fifty Cents ($5, 653. 50} Fair market value is the value that property is anticipated to bring in an open market, I.E. auction. In preparation of this appraisaL I have not examined the title to, encumbrance on, or ownership of the property. s~~~ John F. Kohler, Jr. Auctioneer/Appraiser JFK:hrk Attachments CC: Michael A. & Shelly McNew 643 Kriner Road + Chambersburg, Pennsylvania 17201 + Phone (717) 263-6512 + Fax (717) 263-0188 www:gatewayauction.com + email bid@gatewayauction.com ~~i 0~ \~ t ~ ~ ~ ~ :s C.I IS 0 o ~ ~ i: CUIll= ~ >.: i;;~ -= l: l: e 'O~ C~oD :l~ .~~'@ S~~ CU = "i e 100 C LAST WILL AND TESTAMENT OF MARGARET R. RIGGINS 2/ - OLf- 3Sg I, Margaret R. Riggins, of 11 Ocker Lane, Shippensburg, Pennsylvania, hereby declare this as and for my last will and testament and revoke all wills previously made by me. At the time of the execution of this will, I am unmarried and have one child, Joshua A. Riggins. ~.- - :- -. .. :o~ ;~) l~ <.'~. .~~ :~:.~, Cl,. ...... m :.'.,~ . ::, \~~ :~ t~' ~~~ d ~ GIFTS :;:::. -0 :::t:J --' I. To My Son: I give my entire estate to my son, Joshua A. Riggins. ::.:::- 0..; (,0 ':> ....... (~ i.,;J ADMINISTRATIVE PROVISIONS II. Adopted Persons: Adopted persons shall be considered as children of their adoptive parents, and they and their descendants shall be considered as descendants of their adoptive parents. III. Survivorship: For purposes of the gifts under this will, no beneficiary shall be regarded as surviving me unless such person survives me by thirty (30) days or more, exclusive of the date of my death. IV. Trust Provisions: Should any beneficiary entitled to distribution under my will be under the age of twenty-five years, the share of such beneficiary shall be held by the Trustee hereinafter named IN SEPARATE TRUST for the benefit of such beneficiary as follows: A. As much of the principal of such separate trust as Trustee in its sole discretion may from time to time think advisable for the support of such beneficiary in his or her station of life to which he or she is accustomed at the ,~ ~ ~ :! C.l fa 0 o ~ It i: ~~~ 5 >-~ ea~i -e ]~ \.:ll=:~ ;:J!; ~ ~-= = N1l ; a -; e .. \.:l time such separate trust is created hereunder, and for the support, welfare and education (including vocational and college education, both graduate and undergraduate) of such beneficiary or during illness or emergency, shall be either paid to such beneficiary or else applied directly for him or her or his or her benefit by Trustee after taking into account his or her other readily available assets and sources of income, and his or her respective income tax bracket. B. Prior to the beneficiary of such trust attaining the age of twenty-one years, Trustee shall accumulate all the income for the benefit of such beneficiary which income shall thereafter be added to and become principal. c. When the beneficiary of such trust attains the age of twenty-five years, Trustee shall distribute absolutely to him or her the entire then-remaining principal of his or her separate trust, thus terminating the same. During the period when the beneficiary of such separate trust is between the ages of twenty-one years and twenty-five years, the Trustee shall further pay the net income from the principal balance of such trust to him or her in convenient installments, at least quarter-annually. v. Protective Provision: No interest in income or principal shall be assignable by, or available to anyone having a claim against, a beneficiary before actual payment to the beneficiary. VI. Death Taxes: All death taxes payable because of my death on the property forming my gross estate for tax purposes, whether or not it passes under this will, shall be paid out of the principal of my probate estate so that the burden falls on my residuary estate and none of those taxes shall be charged against any beneficiary. VII. Tax Options: I authorize my executors to exercise any options available in determining and paying death taxes in my estate. In my corporate executor's sole discretion (if I have a corporate executor), no compensating adjustments shall be required between income and principal or between my trusts. VIII. Management Provisions: I authorize my fiduciaries: A. To retain and to invest in all forms of real and personal property, including common trust funds operated by my corporate executor, regardless of any J;! ~ ~ ,~ -:-~ ~ ~ r.; IS 0 o ~ ~ -- ~~.~ >.;>- g:;~ ..c 1= l!!! e 'O~ ~~toO :J~ ~~~ = NJl - E ! ~ "i 0 .. ~ limitations imposed by law on investments by executors or any principle of law concerning investment diversification; B. To compromise claims and controversies, and to abandon any property which, in my executors' opinion, is of little or no value; C. To distribute property in kind, in cash or partly in each, in such manner as may be determined and at valuations fixed by the fiduciary. D. To sell at public or private sale, to exchange or to lease for any period of time any real or personal property and to give options for sales, exchanges, and leases for such prices and on such terms and conditions as is deemed proper. E. To allocate any property received or charge incurred to principal or income or partly to each, without regard to any law defining principal and income. F. To retain property in kind and distribute to or for the use of any minor beneficiary. G.. To exercise any election or privilege given by the federal or other tax laws and to make or not to make equitable adjustment for the exercise or nonexercise of any such election or privilege. H. To pay the income of my estate, pending final distribution to my children, or for their use and benefit, in such amounts to such of them, and at such times as may be deemed necessary or advahtageous for tax purposes. I. To make and file a disclaimer on my behalf. These authorities shall be in addition to those granted by law and shall be exercisable without court authorization. IX. Early Ending of Trusts: If my trustee, in my trustee's sole discretion, determines that it is desirable to do so, my trustee may end any trust under this will. This may be done by paying the then-remaining principal and income of that trust to the person then eligible to receive the income or, if there is more than one person, to them in such amounts or proportions as my trustee may think appropriate. If any person is a minor or is, in my trustee's opinion, disabled by illness or other cause and unable to properly manage the funds, my trustee may pay the funds to his or her II) ~ y e 0 o ~ ~';j: j~~ :--> =~~ ~ = 8 f8~ ~~~ ~ ~-= ~N~ 'i e .. ~ parent or guardian or to any person or organization taking care of the person. In the case of a minor, my trustee also may deposit the funds in a savings account in the minor's name payable to the minor at majority, or appoint and pay the funds to a custodian for the minor under the Uniform Gifts to Minors Act of any state. My trustee shall have no further responsibility for funds so paid or deposited. FIDUCIARIES x. Executors: I appoint my nephew, Michael A. McNew, as executor of this will, but should he fail to qualify or cease to act as such, I appoint his wife, Shelly McNew, in her stead. No fiduciary appointed herein shall be required to file a bond. XI. Guardians of the Person and Estate: I appoint Michael A. McNew and Shelly McNew, guardian of the persons of my son during his minority and guardian of the estate of my son over any property that may pass to them other than under this will or a trust of mine. I direct that no guardian shall be required to give bond. XII. Trustee: I appoint Michael A. McNew and Shelly McNew as co-trustees of any trusts created by this will. I direct that any individual Trustee may resign at any time without Court approval. IN WITNESS WHEREOF, I have hereunto set my hand and seal to this my last will and testament, consisting of five (5) typewritten pages, including the affidavit following, each affixed with my signature, this 19th day of March, 2004. ;].?/) /1'- ~1tB(rh~~ . (SEAL) argaret R. Riggins Signed, sealed, published and declared by the above-named testatrix as and for her last will and testament in the presence of us, who at her request, in her sight and presence and in the sight and presence of each other, have hereunto subscribed our names as witnesses. r' esiding at J;, .~e~<JLo'J= -d, I / residing at ~a " d- ,~ ( f)~~ v(; f'-l ~ y s 0 o ~ ~ 0;: j~.~ ... ~~ ~~B 1!"8~ c;:3~ ~"'~ :: ~~ ! j 1! 0 c; COMMONWEALTH OF PENN5YL VANIA: 55: COUNTY OF FRANKLIN: We, Margaret R. Riggins, ~ve.J'i f'\ )) ."))0. If and ~ Il.'{ n i-l ~IA II 0'. r , the testatrix and the witnesses respectively, whose names are signed to the attached or foregoing instrument, being first duly sworn, do hereby declare to the undersigned authority that the testatrix signed and executed the instrument as her last will and that she had signed willingly (or willingly directed another to sign for her), and that she executed it as her free and voluntary act for the purposes therein expressed, and that each of the witnesses, in the presence and hearing of the testatrix signed the will as witnesses and that to the best of their knowledge the testatrix was at the time eighteen years of age or older, of sound mind and under no constraint or undue influence. ? ./....-"),/} '-- (/)!/l~j:~u~ Margaret R. Riggins 'e'1;r J J ,/~ vir 4Q ~~PA-/ Sworn and subscribed to before me this 19'h day of March, 2004 NOTARIAL SEAL . KAREN L. KIMPLE, NOTARY PUBLIC CHAMBERSBURG, FRANKLIN COUNTY, PA MY COMMISSION EXPIRES JUNE 7,2005