HomeMy WebLinkAbout10-20-0815056041125
REV-1500 EX (06-05) ~~:t-l~i~i ~~,~~~~
PA Department of Revenue
Bureau of Individual Taxes County Code Year File Number
Po Box 2sosot INHERITANCE TAX RETURN
Harrisburg, PA 1712s-0601 RESIDENT DECEDENT 2 1 0 8 0 8 6 2
ENTER DECEDENT INFORMATION BELOW
Social Security Number Oate of Death Date of Birth
0 8 0 4 2 0 0 8 1 2 1 8 1 9 1 7
Decedent's Last Name Suffix Decedent's First Name MI
C R A I G E V E L Y N C
(If Applicable) Enter Surviving Spouse's Information Below
Spouse's Last Name Suffix Spouse's First Name MI
Spouse's Social Security Number
FILL IN APPROPRIATE OVALS BELOW
^X 1. Original Return ~ 2. Supplemental Return ~ 3. Remainder Return (date of death
prior to 12-13-82}
4. Limited Estate ~ 4a. Future Interest Compromise (date of ~ 5. Federal Estate Tax Return Required
death after 12-12-82)
Q 6. Decedent Died Testate 0 7. Decedent Maintained a Living Trust 0 8. Total Number of Safe Deposit Boxes
(Attach Copy of Will) (Attach Copy of Trust)
9. Litigation Proceeds Received ~ 10. Spousal Poverty Credit (date of death ~ 11. Election to tax under Sec. 9113(A)
between 12-31-91 and 1-1-95) (Attach Sch. O)
CORRESPONDENT -THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED T0:
Name Daytime Telephone Number
I V O V O T T O I I I 7 1 7 2 4 3 3 3 4' 1
THIS RETURN MUST BE FILED IN DUPLICATE WITH THE
REGISTER OF WILLS
Firm Name (If Applicable)
MAR T S O N L A W O F F I C E S
First line of address
1 0 E A S T H I G H S T R E E T
Second line of address
City or Post Office
C A R L I S L E
State
P A
ZIP Code
r~
REGISTF~R~OF WILLS U NLY
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QA~E FILED
1 7 0 1 3
Correspondent's a-mail address:
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief,
it is true, correct and complete. Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge.
SIGNAT~~JJ~~F S ESPONSIBLE FOR FILING RETURN DATE
/ONiL ~/Dd ~h iw~//_' ~ 9A9/
ADDRESS -
M&T BANK. SS,SOUTH MAIN STREET CHAMBERSBURG PA 17201
THAN REPRESENTATIVE
10 EAST HIGH STREET CARLISLE PA 17013
PLEASE USE ORIGINAL FORM ONLY
Side 1
15056041125 15056D41125 J
15056042126
REV-1500 EX
Decedent's Social Security Number
Decedent's Name: EVELYN C. CRAIG
RECAPITULATION
1. Real estate (Schedule A) ........................................ 1.
2. Stocks and Bonds (Schedule B) .................................. 2. 0 0 0
3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C) ..... 3.
4. Mortgages & Notes Receivable (Schedule D) ................. ...... . 4.
5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) ...... . 5. 3 2 3 0 9 5
6. Jointly Owned Property (Schedule F) ^ Separate Billing Requested ...... . 6.
7. Inter-Vivos Transfers & Miscellaneous N n-Probate Property
arate Billin
Re
uested
~ Se
S
h
l
d
G
7 4 3 8 6 2 4 0 2
g
q
p
(
e
e
c
u
) ...... .
.
8. Total Gross Assets (total Lines 1-7) .................... ...... . 8. 4 4 1 8 5 9 9 7
9. Funeral Expenses & Administrative Costs (Schedule H) ......... ...... . 9. 3 9 0 1 3 0 5
10. Debts of Decedent, Mort a e Liabilities, & Liens Schedule I
9 9 ( ) .....
...... 10.
. 2 5 3 7 7 1
11. Total Deductions (total Lines 9& 10) .................... ...... . 11. 4 1 5 5 0 7 6
12. Net Value of Estate (Line 8 minus Line 11) .................. ...... . 12. 4 0 0 3 0 9 2 1
13. Charitable and Governmental Bequests/Sec 9113 Trusts for which
an election to tax has not been made (Schedule J) ........... ...... . 13.
14. Net Value Subject to Tax (Line 12 minus Line 13) ........... ...... . 14. 4 0 0 3 0 9 2 1
TAX COMPUTATION -SEE INSTRUCTIONS FOR APPLICABLE RATES
15. Amount of Line 14 taxable
at the spousal tax rate, or
transfers under Sec. 9116
(a)(1.2) X •0 _ 0 0 0 15. 0 0 0
16. Amount of Line 14 taxable
at lineal rate X •045 4 0 0 3 0 9. 2
1
16.
1
8
0
1
3.
9
1
17. Amount of Line 14 taxable 0 0 0 17 0 0 0
at sibling rate X .12 ,
18. Amount of Line 14 taxable
0
0
0
0
0
0
.
at collateral rate X .15 1 g. .
19. Tax Due ................................................19. 1 8 0 1 3 9 1
20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT ^
Side 2
15056042126 15056042126 J
.REV-1500 EX Page 3
Decedent's Complete Address:
File Number
21 08 0862
DECEDENT'S NAME
EVELIrN C. CRAIG
STREET ADDRESS
1000 WEST SOUTH STREET
CITY
CARLISLE STATE
PA ZIP
17013
Tax Payments and Credits:
1. Tax Due (Page 2 Line 19)
2. Credits/Payments
A. Spousal Poverty Credit
B. Prior Payments
C. Discount 900.70
3. InteresUPenalty if applicable
D. Interest
E. Penalty
(1) 18,013.91
Total Credits (A + B + C) (2) 900.70
Total Interest/Penalty (D + E )
4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT.
Fill in oval on Page 2, Line 20 to request a refund.
5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE.
A. Enter the interest on the tax due.
(3)
0.00
(4) 0.00
(5) 17,113.21
(5A)
B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (5B) 17,113.21
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 : ...................................................................... ~ ^
b. retain the right to designate who shall use the property transferred or its income; ............................... Q ^
c. retain a reversionary interest; or ................................................................................................ ~ ^
d. receive the promise for life of either payments, benefits or care? ....................................................... ~ ^
2. If death occurred after December 12, 1982, did decedent transfer property within one year of death
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? ......... ^ Q
4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which
contains a beneficiary designation? .................................................................................................. ^
IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN.
.a :: ;.< ,
For dates of death on or after July 1, 1994 and before January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse
is three (3) percent [72 P.S. §9116 (a) (1.1) (i)J.
For dates of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is zero (0} percent
[72 P.S. §9116 (a) (1.1) (ii)). The statute does not exempt a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and
filing a tax return are still applicable even if the surviving spouse is the only beneficiary.
For dates of death on or after July 1, 2000:
The tax rate imposed on the net value of transfers from a deceased child twenty-one years of age or younger at death to or for the use of a natural parent, an
adoptive parent, or a stepparent of the child is zero (0) percent [72 P.S. §9116(a)(1.2)J.
The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is four and one-half (4.5) percent, except as noted in
72 P.S. §9116(1.2) [72 P.S. §9116(a)(1)].
The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is twelve (12) percent [72 P.S. §9116(a)(1.3)]. Asibling isdefined, under
Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption.
REV-1508 EX + (6-98)
SCHEDULE E
COMMONWEALTH OF PENNSYLVANIA CASH, BANK DEPOSfTS, & MISC.
INHERITANCE TAX RETURN PERSONAL PROPERTY
RESIDENT DECEDENT
ESTATE OF FILE NUMBER
EVELYN C. CRAIG 21 08 0862
Include the proceeds of litigation and the date the proceeds were received by the estate.
All property jointty-owned with right of survivorship must be disclosed on Schedule F.
ITEM VALUE AT DATE
NUMBER DESCRIPTION OF DEATH
1. M&T Checking Account No. 3740168699 3,178.95
2. ~ Donegal Insurance, homeowner's premium refund ~ 52.00
TOTAL (Also enter on line 5, Recapitulation) f $
(If more space is needed, insert additional sheets of the same size)
REV-1510 EX + (6-98}
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
SCHEDULE G
INTER-VIVOS TRANSFERS &
MISC. NON-PROBATE PROPERTY
ESTATE OF FILE NUMBER
EVELYN C. CRAIG 21 08 0862
This schedule must be completed and filed if the answer to any of questions 1 through 4 on the reverse side of the REV-1500 COVER SHEET is yes.
ITEM
NUMBER DESCRIPTION OF PROPERTY
INCLUDE THE NAME OF THE TRANSFEREE, THEIRRELATIDNSHIPTODECEDENTAND
THE DATE OF TRANSFER.ATTACHACDPYOFTHEDEEDFDRREALESTATE.
DATE OF DEATH
VALUE OF ASSET
%OFDECD~$
INTEREST
EXCLUSION
(IFAPPLICASLE)
TAXABLE
VALUE
1. Revocable Inter Vivos Trust dated 8/18/1960, as amended 05/1980 438,629.02 100. 438,629.02
and 06/18/1999; beneficiaries: Charles R. Craig, Nancy C. Brown
and Mary C. Anderson, children of decedent [see attached exhibit]
TOTAL (Also enter on line 7 Recapitulation) ~ ~ 438,629.02
(If more space is needed, insert additional sheets of the same size)
EV-1511 EX + (12-99)
SCHEDULE H
COMMONWEALTH OF PENNSYLVANIA FUNERAL EXPENSES &
INHERITANCE TAX RETURN ADMINISTRATIVE COSTS
RESIDENT DECEDENT
ESTATE OF FILE NUMBER
EVELYN C. CRAIG 21 08 0862
Debts of decedent must be reported on Schedule I.
ITEM
NUMBER DESCRIPTION AMOUNT
A. FUNERAL EXPENSES:
1. Ewing Brothers Funeral Home, Carlisle, PA, funeral expense 11,074.78
2. Funeral luncheon 293.77
3. Funeral flowers 477.00
B. ADMINISTRATIVE COSTS:
1, Personal Representative's Commissions
Name of Personal Representative (s) M&T Bank-John Schall, VP & TO 17,337.00
Social S ~er(s)/EIN Number of Personal Representative(s) 16-0538020
Street Address 55 South Main Street
City Chambersburg State PA Zip 17201
Year(s) Commission Paid: 2008
2, Attorney Fees Martson Law Offices (estimated) 8,700.00
3. Fatuity 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
4• Probate Fees Cumberland County Register of Wills 75.00
5 Accountant's Fees
6. Tax Return Preparer's Fees
7. Register of Wills, filing fee, Inventory 10.00
8. Register of Wills, filing fee, Inheritance Tax Return 15.00
9. M&T Bank, Trustee fees 280.92
10. Cumberland Law Journal, advertising Letters Testamentary 75.00
11. The Sentinel, advertising Letters Testamentary 174.58
12. Reserved for additional filing, bank and miscellaneous fees 500.00
TOTAL (Also enter on line 9, Recapitulation) $ 39.013.05
(If more space is needed, insert additional sheets of the same size)
RE~l-1512 EX+(12-03)
SCHEDULE I
COMMONWEALTH OF PENNSYLVANIA DEBTS OF DECEDENT,
INHERITANCE TAX RETURN MORTGAGE LIABILITIES & LIENS
RESIDENT DECEDENT t
ESTATE OF FILE NUMBER
EVELYN C. CRAIG 21 08 0862
Report debts incurred by the decedent prior to death which remained unpaid as of the date of death, including unreimbursed medical expenses.
ITEM VALUE AT DATE
NUMBER DESCRIPTION OF DEATH
1. Millennium Pharmacy, account payable 684.40
2. ~ Sarah A. Todd Memorial Home, account payable ~ 1,853.31
TOTAL (Also enter on line 10, Recapitulation) I $ 2 537.
(If more space is needed, insert additional sheets of the same size)
REV-1513 EX + (g-00)
SCHEDULE J
COMMONWEALTH OF PENNSYLVANIA BENEFICIARIES
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF FILE NUMBER
FVFT .VN (" C R ATE ~ 1 (1R (1R(2
RELATIONSHIP TO DECEDENT AMOUNT OR SHARE
NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE
I TAXABLE DISTRIBUTIONS [include outri ht spousal distributions, and transfers under
~
Sec. 9116 (a
(1.2)]
1. Chazles R. Craig Lineal 133,436.41
18 Knollbrook Lane, East
Painted Post, NY 14870
2. Nancy C. Brown Lineal 133,436.40
4670 Davidsburg Road
Dover, PA 17315
3. Mary C. Anderson Lineal 133,436.40
820 West Country Club Drive
Purcellville, VA 20132
ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 T HROUGH 18, AS APPROPRIATE, ON REV-1500 COVER SHEET
II. NON-TAXABLE DISTRIBUTIONS:
A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE
1.
B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS
1.
TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET $
(It more space is needed, insert additional sheets of the same size)
=_ ..= :eat... ^.~!^~~/=003 Es:ate cf: .,raiq, .,:eiyn ;a f: 55661.;
,__1a_ on Gate : ~E!~d, ^.8 Acccan*_: raig, Evelyr.
y 'PCA ?.'_555605
._~.ess_r.g ~~_ _. =?i2G~`_,C9 ~eport ^ype: Gate cf Geat!:
~tumter of Secnr • e=
.i_e _C: Craig, Evelyr. TliA ??=~9EEG"
eras 3ec~r'_t.r !^.ean ardlor Giv and Int Security
_- --- :escr'rticr. ._gni:as}: i.ow/Bzd ~djust:nents ?cereals ';a_ne
_, :G503: .~_ :h^_3 ~RCL'? .~s ~~~ .Ta2~~ 408 091.83
,.,:;~ _a'.... 97.65
-.: , ~.k
_, :0 005 ?4~ ~~?H== ?3 .;-.S YnS 3°_. _..., ;7~5 E _-~_3KQOi
ET ntr.
G8i7'.,_GG8 __9._i6u0 :13.92600 ai3
.:a : G5/'_5/~~U~ t0 GEi~rir~~.._ 36-.22
_GV G;dT
n--~
,dl0?/=i.0e iid.32CGC aid
i'c _3l 'lalue: $438 , 224.
15 438 , 224.15
'.oc3l ~ccraal: 0
44.07
404
87
^_ct3.: .
$438,629.02
Exhibit to Schedule "G"
LAST wsLL At~D TSSTJII~N'!'
yr
,~,~M c. csu-~4
2, ~,V'~X.YN C. Cpa1xG, of the Dor4tlglL of Csrlisle,
County a~ CtYmberland at~v ConanonM-aalth at Psnusylvarsia, being o!
Gourd and dis~-o,sincl min~3 ar-d naernory, and r-ot eating ur~4er unclua
intluencsa of any person w-nolnsoever. 3o ceueks, publish aid cieclase
this irtvtrtl7atenti tca be ~t'iy Last Will and Ts~itasnorit, i-n fianttar
and Form fG114wi,n?e
rrasT: Y nerrby axprass~.y revoke all wills, oodicila
and ta~8tasnentary wYitit~ge of r+tse-tsoevaz' xintt and aatuse hareto!"ore
xaads by ace .
S~C4ND: i heroLy dissoi: ray CxeC~ttpr, ox ~.ts suCaegso~,
hsrsinaftez Aamed, td pRy al.l ny duet 8sbts, +xpens~es of
a-dmiriatration env funeral uxpsnaws out a! lay estate. as sooe~
is is praati...:=le stray my dsadase.
'!~:~r~Q: a3i the rear. residue and rarrlai.ndor a! my
estate, raa.l, persona], a1d :nixed, of wxtices I tnay die ssi.ss~d o~
possaRaad, at ov~sr ~:li+.h X ma;{ h.+vQ th~o- power o! tbAt~Jrbntaxy
419positian, at wt~ats~wr kind and whereaaever sitr~ta. I piva,
daevise nrs•~ bwgvsatt- unto nays C`~re.~ childrers, CliA]t~E3 R. ClVI.ZO.
wi-o t}c~r ;asides in !~ti~+n+~:spolia, yi=~nesoCa, NANIGY C. aEt4ro+N. wha
noa+ rosidts in Hover, PennsyyZvaaia-, ~rARY C. ]~HiDRRSON, she Haw
resides its Ca7Cli~s.La, Pannsy3.vsnia. =37- tti• avetst that any of ay
children sY:zll predsceasQ ~e .~ithout issvs surviving, their
share o? try residuary estaLa shall be divided batweer. my rwmaininq
c2ii.7.drsn surviving ass. zn t!Yd Qvent, howevQr, that any of sny
chLldre~n shal]. pradocaase ne leavin~7 ia~8ve surviving, then and
ir- t:sat event, I dirack that :hci d3stz3butive shays to ahiah my
aai3 child wonlcl l~avw M~rnn trt:.tlsd her! he nr she survivesd itit,
tfhall re distriauted to the ~ ~R~~ TRUST Cf;HtlAI~1Y of Carliala,
Penl~sylvan.ta, ITy ^, RU52, :~gy~RT"ei~.LE3S, i'ar the tot Xewirq uses and
purposes for each auraivii:g ehi~.dxen of my elsoaasec3 child, pee
m. ?-ll such mosey and property car~atituting said
distri'.:ut3Ja sham, a:na al incorw ttserelram shall be nai3, uaad,
applied, disburaQd an8 disccibuted in tnt sole disCreetl.on dt my
said TrusCee for and t4 sesir3 iss~~o of n-y deceased! rhildten and
such fund r~a;- is held, invests: ar.d administered as one 'Trust or
ixs the cii9ctstior of C3z4 Trustee r.-ay Sa divided into ~s many 'Tr'-Late
as there are issdi-vi~9~lsl_ bsr.eiici3ries of incamv eyed st.sb7ect to
„attain prc~vi,~ions ~ar44naft~r s•t Fnr.rh, r,A].2tint7 to tihs ~aymgnt
dtrect c.a a b+~neficiary after att~ininq 4is yr her ;najaricy.
.`.Ii incomR rs~ai.n~.rxg eaoh year not used for the banal-it of a
beneficiary ar beneficiaries heseun~3er shall be ac:cis3 to prir.Cipal.
b. SSai.d Trustees in its sots diseretiori may pay
and use ttse incomes or co ruck thereof as it shall deem advisable
or so much o! tho p~cineipfl aid it shall deem a~Jviaable Xor Cne
proper maintsna»cw, •ctucatl.on, su?~4rt and welt'ara of ®aoh
and all of khe banet~.cimxias, here nabova named, vainq thQ issue
of ;ny deceased cui2d, i. such incic:ent s:-ou18 occur, in sgch
ama~irsts azsd ion auch pxororticns as u+y T,rustea in its solve
dioarot3.e,n shall chew proper. It is my deai.r• that this Truss
as~tat! be administoxed and used by my acid Trustee !ns the boat
intvxwsti o! the issue at a dscezsed child of mint, to thw Pul.l~r:t
exten~ possible i:e my place as though x were pr+ysically present
anal ada~nisterir~g aey owfn lands for said iss+~ or issues' benefit.
c. ~~n any beneliciarX hsrwunder t~ttsini~ty the
ages of twenty-o.~w t Z) yaaY~t, :ha Tri~~+zwe shall in it0 tlisO=etiOn
aaaai~annually theraaftor, deter's+ina the ayoount o! n.~t issca:n~. of
this Trust which sha13. ve sllocatad to auch 5anafici~trr an3
•hail pay the samw to g.:ch baneli~si~-ry, ~ratairirt4 any i~alai:as
of net i»egma tco b~ ::~.stxibuted and paid .i:~ the Trudtew'x ;iiscre~tiO~n
to and foe the use of the benefioiaxy or beneficisri~rs r-ot
havir+y ataa~,is+od th0 aQe of twenty-one X21) ywars or fos
distribution to such bsnefl,ciasy or b~lnei'iciariMS eu3aswq~anxtit to
their attai~~ing tila aq~e of rrenty-one (21} Yraes.
d. upon atxY benaliel~.ary aetal.ning thw age vi'
twcr~ty-iis'e {~a) gaars~ tza :x~3stea sh311 prey an~A distribuke
zo auch t+anetic~.ary such bena:fciary'a n:oQoxtior~dt• shame of
the principal bt' triia Tr:~st w»~l ds tb such bonel.ieiasy t:'li~1
Trost shall tAr~riZata. ,:Ze s=uataa, :lavever, shall cantirus
to acbttiaistlr this Trust :is to ast~ePiaiarie9 undwx' Mne age of
twenty-fives {,75) yeas unir~I~ib~.tld.
•. Zn the event, Cl1at arty tifio the Trust hvteinbelore
esskablish~rd hwd nor keen te~~.ratw4 :in~1 C.hCra are t+v baneliCi~ara.es
do reeaei~va the sarxw i~~ aceoxdancm ait~t the forvgoiny, t;~a Trsas
shall t~rrai.nate a~.n3 tae entirQ twttias iz tl-a hanc:s o! the Trustees
shall be :~ist.ributad to ~y ra„~aininq chi ldrgn yr ineir issut
sad iA aseravlt thsxeat utslar tie iata9tat~t ~.aurs o~ c;:e Coas:aon~aalth
of Pdnrasylvania than is Mf t'ect .
L". TI~a Trustee aha~ll ba wata3 'ai tt; r~+ssoridiJl+i
discreticnary , o•~-ars 3hd sx~ all matters not othar~is.t :ze3r~ein
specifically praviieC, snal.l ~a:tezci9e its aa~11 ju~•?7ntcsnt anal
dilcreCior. i,n the parfor~ancc~ of its duties herean~!!r. It 3~~~.11
not be liable for any ~:rror ir. ; u.~.;;xan t, ~,^e~~: i•°t~ that such error
i9 hanesely me~de.
g. i ~ivs and grant e~stto my TrustaA artu its
suCrls3or broad ge:-eral powers to ack a~ st3~`t ?'ruafic~a ~s ~roaided
far by the common lav or by statute and ~ ~irec_ that sur_r, ri;:3ts
in the Trustee to aCt as ~suah Trustee a.~all b~ c_nstr~it~i croa.cly.
-1~
TOt~~:U: I :.mtab: direct trsat ali asttsto, iAlsaritanoer
transfer and success=on taxes that nay bw aseaia+~d in coasequ~anee
oP tay de$t2s of nrnatavst na:v~ru ai:d bx whateves ~u:3,sdictiort
3as~rpos~d, sisall be pair: out of the prs:tcitial of say ginera.l
estate :ro the aa~as of Fao~ as it sa3.d taxQ~i wars expenses of
nclmissistxation.
FrFT:I: Y harvby give an to cay ~xscutos, Qac its sucrl4seo~C,
pezain,wttase aa~a+ed. Gh• gul!.rst pawn= ats~4 3tuthazlCy in all
nwtears snd qua9t3ona pwrtainiag to tlse a3t*friseration Ot my
aststa, axacuting th~+ Presvssic~.~ss of this my Last 5iill and
Taa:ararnt, iacluJin~, but not by ~wa-y of Iimitatior~, the Bower
and authosity to d+~tera~»a all doubtful. questions which a-ay
arise is the construction of ttsis :ny Last mill sand Testa-n+ent~
I ,Eurthar here a~~thoxisa and esnpowar p-y ExsCUtar, or xta
successor, pan n.~ slttLamrent o! xty r:itate, to sail, convey,
mortc,Sace, lnasm, exCnanq~e, •nc~:oer or otne~aisQ 8isgeae of
anX :inc1 alp. of t31a propexty, r®al, peraot~al or :s3xad, ae ar:y
tiaw Lelonyi:~;; to nsy estate, el:.h~rr at public or pxivntt +ale,
wxtaos~t prior aFprova~. of any court, anti at suoh ti:~s ~tttd
for saes pride os' pri~oa and itt asy suot~ case upon Baca terms
as it ~iAy t::i:s;: u+~st ire its •:iisareti~n, ,ta;: z autl-oxisa ar1+:
aml~cwQr sq;P aai~i Executer to executo, ~:ckna~rS.~d~e and clsiivos
to the purchasers, yrar:tee:, ilostgage+sa, ve::deos, assignees,
ax ot-Y~er persatss, suer. wantsacts, tfescls. mortgages, bands.
bi,+ls of sa1o, and aI1 ot:~er instru~or~ts of wzit~.:~g nQCSSSazli or
p~ro~er without ok~~-iyatyorf npor~ ti~* '_atter to sea to thg propez
af„nlir~ati.~n o! th~+ pxoctad3. it shell aXso have tho pCwer td
Compromise o;. othezvti.3e to settle or aOjuat arty and aril aiai~t,p,
oharg~es, debts acid ~°,a;aarda whatsoever .agai.nst, ox ins tavar ot,
my rstate as fully as I cQU13 do 3f liv3r~q. It s2sail lurths~r
Urt empowered to carsY on aria cond:sct any Uu~aineas entezpz-l.ac~
ir, which I a~dy be anryJgacl at ray death, to retain any aaiseta,
incluainX at4ckr or esCUrit.es w'aieh I may owR at the tins of
myc.'oath, paxtcl3ny the ~ettlaseas:t et my estate, wit:sout regard
as to whether or not sues asa~ats ar securities are 1e5a1
inJastrcrents tvz fiuaciaziss. Pendin sett}.artOnt or my sstatE,
it ffinall also have t.`ss a;:thasity in ~ta 3lscretion to convert,
call, exohangd car disj:csd of s~sc_s assets -sr.3 securities
eitins~t for Ca!`. or for tas*na aaCislactoxy to it and tc acquire
otitisx aes~ats without limiCation to securities or in~vmstsunts
as may bl Gjecla~Ymd IQga.l por irves~eht ry 1~iduci~~-ries. xt
shall fuzchar be or~powQFeci to borrow tooisay, ar+~: tv ~rledgQ
assets o! my estate as sec:tri ty t.'sexcfor, for the purpose of
payiny ta~cess xhich may be levied upon ps pa:yablg 5y my Qstaze,
in accordance with this will }n the s~vtsrit t:'~at funds :~ ttts
hinds o.f my c.x~cutor, ar its su%Gessor, shill bo ins~lffici~art
to ~7.a~/ 3uCit taX~is, ~.nc~' it, ,Ln the o,~ihi~n bf my EXMGl~tOr Or ~tS
succ~nssor, it ~appeaars that canversiora o_ secusi ties and 4thor
asserts, real and parsor.al, woµld than bs roads at a saCZifice~.
SI;~.^1+: I herby i:0"tii,fsat@, corstituta and appoint t:s•
~3-
L~AbbBA,s T]~LIS^a COMDT+_VY, ol~ C3rlisle~ Pes~nsylv~enia, to bo Che
Executor of xhi• rayy Last will ttnd Tsotarnont. As Z hav llerotolor!
set Iertn, t iikaa,iae'r no,ItinA~to, oondti.tute and appoint trio
PARi~RS TRUST GOI~11itiY to bet th• tsstattwrstary 1'rustse~ o~ t~-fs
my Last ~-ili aid Testainsnt upon the occuzreAnae o~ thv events
hesatoteare anwosrat~td. In the event thv FAA~lER~ TRUST COMPANY
shall oonsolidatew or caoxge with another cosportttio» of ~idueiary
character and havingq th+ powMr to avt as Esteutor and Trustete,
issoludinq a nazi ona3 bards in this state having the proper ~e3rinl.t
to act as Lxr~cut4r, than I no~air-ate and appoint such sueezeasor
corporation, asse~ciation ox bank as tine substitutod Exeacutot
grid CestaawnCA]ry Tsusteo of this a-y Last ~iXl and Teatauanesnt
and Thereby ~S.reCt that such Muecessar ,Hall have all N.he rights,
peri+ers an4 priviietgas oor~~etrred htsxeinabove, o» the PARNEi~
T~WST COMPAtIY iA its capacity as raubsti 4atad ExecutOZ aced
tasnta~teenlszry Trove te• at +_h~t s tar Laa a •~i 11 ~,.a Te~ta.irvrs t .
Iti i~12TNE88 !n'HIiRJiOF, I *~ave lnertunto sot my has,Z ar~~:~
syal tYtis ~_ rlay of 7Ctoba=, 19'1.
c a~w
vea a
SY~YiBD, ~L'.fLt%-7, F'L7rL~5~3? 1e-rTr DBC?,.AALD by tha abQV®~riamoe3 ^es tdtrix,
EvI,LYN C. CY2AZC. a9 sred !ar nsrr LasC wi1]. and Trtstatnant, ~.rt
t:~et Frsserice: e71< uae, c.ho at har raguest, in heir f~rC-~Saa.^.Q, anct f.r.
the prese:hae a: sxlch oC?1er, ail being preswnt at t e sane time,
have hermutstts sat cLr hatle';a as witnesses.
Namely/
Adc'irt •y
A~'dr1~ s s
~-ddreas
tn:lAom~lj~blwHlrlor~q.+ind Jum 1t, 1999
5ECCIND AMENpMENT TO INTER VIVO5 'TRUST INDENTURE
This second amendment is made this /8'~` day of June, 1999, by EVELYN C.
CRAIG, Grantor and Settlor of a certain Revocable Inter Vivos Trust, and FINANCIAL
TRUST SERVICES COMPANY, with as office in Carlisle, Pcansylvaaia.
WITNESSETH:
WHEREAS, on August 18, I960, the said Grantor, Evelyn C. Craig, aad as Settlor,
entered into a Revocable Inter Vivos Trust Indenture with the Farmer's Trust Company of
Carlisle, Pennsylvania, as the Trustee;
WHEREAS, the said Grantor, Evelyn C. Craig, and as Settlor, entered into an
Amendment to Inter Yivas Trust Indenture is May, 1980, with the said Farmer's Trust
Company of Carlisle, Pennsylvania, as the Trustee;
WHEREAS, pursuant to the tertas and conditions of said Revocable Inter Vivos
Trust Indenture and its amendment, which are incorporated by reference aad made a part
of this second amendment, the Grantor, as the Settlor of the said revocable trust, deposited
certain sums with the Trustee for purposes as set forth in said Revocable Inter Vivos Trust
indenture and its amendment;
WHEREAS, from time to time, further deposits have bees made in said Trust by the
said Grantor, as the Settlor, and the Trustee has, since the creation of this Trust, held,
managed, invested, and reinvested said Trust corpus creating income that has been paid
periodically, upon request, a~ directed by the Settlor to the said Grantor and to others; and
WIiEREAS. it is the desfrt of the said Grantor, as the Settlor of the said Inter Vivos
Trusc co Amend the Trust Indenture, as amended, to provide for the disposition of the Trust
carpus, principal and accumulated, earned income, in the went of her decease:
NOW THEREFORE, for aad in consideration of the within premises, the Grantor,
as Settlor of the said Inter Vivos Trust, does hereby state the following amendment to the
terms and conditions of the Trust Indenture of August 18, 1960, as amended in May, 1980,
as follows:
1. That paragraph 2 of the Revocable Inter Vivos Trust Indenture of August 18,
1960, as amended in May, 1980, shall state, as follows:
The Trustee shall collect the income from said trust estate nad shall pay the
net income to the Grantor in at bast quarterly installments during the ttrm
of this trust, In the event of the decease of the Grantor, during the period of
eustence of this trust, the Trustee shall distribute the trust corpus, principal
and all aacumulaced income. not distributed prior to the decease of the said
Grantor, to the Grantor's children, Charles R. Craig, Naacy C. Hrown, and
Mary C. Aaderson, in equal shares, provided, however, the then livi.gg issue
of a deceased child of the Grantor shall take, per stitpes, the share their
pareat would have taken had he or she survived the Grantor.
2. In all other respects, the terms and conditions of the said Revocable Inter
Vivoa Trust Indenture of August 18, 1960. are reaffirmed by the t3rantar, as 5ettlor of said
'Trust.
IN WITNESS WHEREOP, the Grantor, as Stttlor, has executed this Second
Amendment to the Revocable Inter Vivos Trust Indenture of August 18, 196Q, and the
Trustee. by execution of this second amendment, accepts the directives as set forth in the
reaft3ratad Trust Indenture as amended this date.
WITNESS:
ATTEST;
~.
EVE YN C, CRAIQ
FINANCIAL TRUST 5ER VICES COMPANY
sucxessor to FaraYer's Trust Company of
Carlisle, Penaaylvaaia
. ~~
Hy:
ohn Schell. Vice- esident
and Trust Officer
___ ----
_.__ __ _-
r,
_.
`
;
.
~
'
I~MEAtpME~T TQ Ifr't'EF~,;,,VYVa~ TR~JST_I11DE1'iTt1RE
Thfs Amendm~ertt, made this day of May, 1980, by fivelyn C.
Craig, Grantor ind Farmer's Trust Company of Ceriistr, Pennsylvania, Trustee.
MIT~iEsS~,TN
wtiEAEAS, on August lR, 1960, the said Grantor, Evelyn C. Craig,
entered into a revocable Inter Vivos Tres! indenture with the Far~-er's Trust
Company of Carlisle. ponnsylvanfa, as the Trustee: and,
wKEREA3, pursuant to the terra and conditions of said Agre~nent,
which is incorporated herein 5y reT<epence and meat a part hereof, the Grantor
deposited certain sums with the Trustee for purposes oi• said Yrust Agreement;
and,
1rMEREAS, from time to time, further depoatt~ have bean maide in
said Trust by the Grantor and the Trustee h8s, since the.incsrptivn of the
Trust, held, managed, invosted and reinvested said Trust proceeds and has
paid perfod~cally, upon requeft, to the Grantor income therefrom; and,
~lHER£AS, it is the desire ofthe Grantor, herein to amend the
Trust Agreement to provide for the disposition of the Trust Corpus, princtpa7
and interest, in the event of her decease.
LION THEREFORE, for and in consideration of the within premises,
4 ~ - tRe~a:•entnr dues hereby state the following Alnandtnv~nt to the t4rms and cones
ditions of the Trust Agreement of August l8, 1960.
1. That ?aragraph 2 of the rrvocaold Inter Vivos Trust Inden-
ture of august ?8. 1960 9s amended to read ds follows:
,~ .~ ~-, • ee , ,: ;a 7]'7 236 X316 °Af,,E. as
"The Yrustre shill collect the intone from
said Trutt Extste and pay the net incort+t to the
Grantor in quart~rlY installments durit-g the terns
of this Trust. to the eytnt of the decease of
the Grsntcr, during the period of this Trust, tht
Tru:tea shall pay the Trust Corpus •nd any accurtw-
` latad income therefrom, not heretofore paid, to
the then living chfldren of the Grantor, in equsl
shar83, s r are alike"
Z. Ir- ali other respects, the terms and conditions of the re~
vocable Inter Vivos Trust indenture of August 18, 198Q are rlati!~rmed by
Clie Grantor
IN WITNESS MIitEREQF, the Grantor has exscuted the Kithin imend-
ment to the revocabl! Inter Vivos Trust Indenter! of August 18, 1980 and
th• Trustee, by ~xetution thereof, accepts the Trust Amendment sa set forth
herein.
. S
Evelyn C. Craig
Farmer's ~FusEt Company
of Car11 1e, Pennsylvania
BY:
. r
~~
Viet-Presfd
ri ~~.i A~ ~ aQ + ~' ~q ?'1? ?35 93_6 '~Gc. t39
/~~!o
~roc~.a ~svoa T~3T
Tt13s Indentoo•s ache is the peronah ai Oarii9le, Ce;mba;ladd Cot~t7,
PenaaPlveata ~urr~ 1960 by 3cTelta C. Crai*, QranCar, and faraars
T:ast Oar}aa7 0! Carp-o2s, letaaa., TzusOee.
1. Graatos, is aensidaration of 4he parseat of One (1.041 Dollar,
tihe peasip4 of Whleh is hereby sal~t'-o~Ilsa~ad, dose hsrshr sat oTe= to
~uatee ti-a awn az Liaht Thananoa (;a,00o.00) 7Dellera, the rsseSpt ar!
which 19 aekna~rleQasd by ~uaese' ^ aignattnr• hereto, •s 'bays ,ste to Deid,
ldastbor wltn ~y additional soae of money Grasses wiaasa do asld lahareto
jy~ ~~aiplaa of #1,000.DO As the ^tz'nAt estals", i3 trash for t.bs
tol:lesrl.sg pWCpaaas and Henn ana Qu1~~sot to the terns and so~ditiotaa
sst forth lSersia=
First: Z'~Aa manatee attiail Hold, maaap, lavsot, aaa rs-lessee
the truse sstst• x.n S.n•satmsats which are lsta3, in+estos~str ti0,dsx' Ehs
lsra of tho aooaaeawr-aith of Ps~ay1*aaia .+ithoat Anr rsatarSotiose
as to the aso~st of •oaay vhieb any bs Sn7satss la Lai yartio+alas
l~iad oZ ssetltiti!-a -y it.
second: T.eo Tru.s•bee shall nolloct tho income !Z'OS vsid txuso satatie
Aht pay t~ oet ;access to the Grantor to tgarterly ipatallwaat: dariaa
t~+ lets e! thin erwt. Yn the oeei-• of ebs doas3 otthe araator darlag
Lae period of this trust the Trrletae aha11 pa* the ast p2'inaipal and
ast aect'ued SneoAa to the estate of the ar~aator,
Thirdr TAe tsaatae shall. be asLiElbQ 4s a e0~i-asinn v! ii~e (~)
parnettt nn ineose and. an terminuati4a o! said treat, it shall bs
sntltlsa to a camc-ission of ooe tl~) percent of the principal et date
crust tar ~sach Ted' sa~se hds bey its •Siatence, Baas AOt 'CO sSefs4, 1A
tms a~esste, ti+• (5~) Pes' asnt of sa3a pslaospaS.
?o~: Gs-entor shall hale the rift the right to add to ~s
p:iacipal of thin tztut ad4ltional sums at apP iLRa prLor to !ta
termiaaticn whlah sh4:.1 ba multiples o! ~1,A00.00.
i.
Pima: Qsaator e~al1 riaTe Lb• rat Co ~itDdieiw ao~r lrea
aha prlslcSyai. of said Csae4 lr4m t3id to tila o~ thi.rtT ~3p}
Raps ~rittast notice to the Trsstee.
Sint: The ~raates abal] ha~o the rift bs rNO.ln aad teraiaete
tLS.^ trust oa ainebs (90) a4ye+rritban aotits to tDa Tro`Ose.
2. The Trastea, by its ~eindar i~ tht esaoution hesoot~
ei~ysl.t'iwa it• oeoept~ee o! tba ts'nat created Asrs~n. T!!w
Tk'u a shall hste tnd saa-s riah4.
h~`~. ~ ~ ~ emu.
,. .
Fnr,OSrs Trast Cospaap et Calllsle,
rwtms~l~aaSa,
4tte~rE: ifs ~~~,rs7~iij~/~~i~Cta,~~~
+~
~~w
2.
'7.7 2 6 9315 ~AG~..1