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HomeMy WebLinkAbout04-0377PETITION FOR PROBATE & GRANT OF LETTERS Estate of Wilbur S. Houston tr~'~./V°!' i ' 21"04- t~ ? also known as dFsr:. Register of Wills for the Social Security No. 174-05-3260 , deceased. County of Cumberland '0~ ~o~nc~C~J~l of Pennsylvania The Petition of the undersigned respectfully represents that: Your Petitioners, who is/are 18 ,,ears of ...... '~ ........... ~ .. ~ o~ ~, u~uu~ and [ne ~xecutor/rix named in th ' ~decedent ~t~d. Februa~ 22, 1984 and cod~l~'~ated ~ none :~ T~L~o~?f the -~meu ~one a~ea · Renunciation~'~" .... none aRached heret0~ ............ Decedent was domiciled at death in Cumberland County, Pennsylvania, with his/her last family or principal residence at 419 Petersburg Road, Carlisle. Decedent, then 92 years of age, died March 11 2004, at Carlisle Reqional Medical Center. Except as follows, decedent did not mar~, was not divorced and did not have a child born or adopted after execution of the Will offered for probate; was not the victim of a killing and was never adjudicated incompetent: 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 PA (If not domiciled in PA) Personal property in County Value of real estate in Pennsylvania, situated as follows: ' $!21,000.00 $ $~22.000.00 WHEREFORE, Petitioners respectfully requests the probate of the Last Will and Codicil(s) presented herewith and the grant of letters testamentary thereon. Signature(s) and Residence(s) of Petitioner(s): ' ,~.,4~Hou'sto~ _411 Petersburq Road Carlisle, PA 1701R OATH OF PERSONAL REPRESENTATIVE COMMONWEALTH OF PENNSYLVANIA · · ss COUNTY OF CUMBERLAND · The Petitioner(s) above named swear(s) or 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 of the above decedent, petitioner(s) will well and truly administer the estate according to law. Sworn to or affirmed and subscribed /J;~re m? this ,/C? ~/~ day of ~ JAt4ES 1~. HOUSTON  , 2004. /' ,~ ~ ~ _ Rogis, to~ ~05.805 ~v 9/s6 This is to certify that the information here given is correctly copied from 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 P 7714948 No. Local Registrar Date H~os.=,~ ~? COMMONWEALTH OF PENNSYLVANIA - DEPARTMENT OF HEALTH · VITAL RECORDS ,t CERTIFICATE OF DEATH ~ ~ : I ~ l~a~ 28,1914 [~ ~~r~ ~ .... ~ ~ ,~ ~rlisle, PA 17013 ,~, ~'~¢~ ,,. ie Zi~ ~ Wilbur S. Ho~ton ~,~~ ,,~ "-~ ..~ .,'~ ~1 ~ ~ [ ~r~and Valley LAST WILL AND TESTAMENT~I WILBUR .S.j~''HOUSTON I, WILBUR S. HOUSTON, of Soq~ ~e~Qn.-~ownship, Cumberland County, Pennsylvania, declare this instrument to be my Last Will and Testament, in manner and for{~ifollowing: 1. I hereby expressly revoke all Wills and Codicils heretofore made by me. 2. I hereby direct my Executrix to pay all my just debts, funeral and administrative expenses out of my estate, as soon as practicable after my death. 3. I direct that all taxes that may be assessed in consequence of my death of whatever nature and by whatever jurisdiction imposed shall be paid out of my estate as a part of the administration of my estate. 4. Should my wife, Mary M. Houston, survive me for a period of thirty days following my death, I devise and bequeath the remainder of my estate to Mary M. Houston. 5. Should my wife, Mary M. Houston, predecease me or die on or before the thirtieth day following my death, I devise and bequeath the remainder of my estate as follows: A. I devise and bequeath forty-eight per cent (48%) of the remainder of my estate to my son, James Houston, upon the following conditions: (1) I request, but do not require, that my son, James Houston, give to each of my step grandchildren, to wit: Lisa Moffit, Douglas Moffit, Denyce Moffit and Kevin Moffit, at least Two Hundred Dollars ($200.00) as a gift by which they shall remember me. (2) James Houston shall have the right to take as all or part of this remainder share, my residence property located at 419 Petersburg Road, Carlisle, Pennsylvania, but on the condition that if the value of said real estate, as appraised for inheritance tax purposes, comprises more than forty-eight per cent (48%) of the remainder of my estate, he shall be required to pay to my estate, for the purpose of distribution to the other residual legatees, sufficient monies to reduce the value received by James Houston to forty-eight per cent (48%) thereof; said monies shall be paid to my estate within ninety (90) days after the date of the filing of the notice of appraisement by the Pennsylvania Department of Revenue in my estate. - 1 - (3) Should my son, James Houston, predecease me, I devise and bequeath his share to his issue who survive me, not including any of my above-named step grandchildren or his adopted son, Jason Houston, for whom provision is made elsewhere in this will. B. I devise and bequeath twenty-four per cent (24%) of the remainder of my estate to my granddaughter, Cathy Detweiler. Should Cathy Detweiler predecease me, I devise and bequeath her share to her issue, per stirpes, who survive me, not including Jason Houston. C. I devise and bequeath twenty-four per cent (24%) of the remainder of my estate to my granddaughter, Deborah Nastelli. Should Deborah Nastelli predecease me, I devise and bequeath her share to her issue, per stirpes, who survive me. D. I devise and bequeath four per cent (4%) of the remainder of my estate in equal per capita shares to my great grandchildren living on the thirty-first day following my death; Jason Houston, who was born to my granddaughter, Cathy Detweiler, out of wedlock and later adopted by my son, James Houston, shall, for the purposes of distribution under this will, be considered a great grandchild rather than an adopted grandchild, and shall therefore receive his share under the provisions of this sub-paragraph. E. Any gift to grandchildren under my will, whether made directly or indirectly, because my son has predeceased me, shall not include my step grandchildren, who have been provided for elsewhere in this will. 6. I nominate and appoint Farmers Trust Company, Carlisle, Pennsylvania, Trustee of the share of any beneficiary who may be a minor. The income and/or principal of said trust may be accumu- lated or expended for the maintenance, education and support of such. beneficiary as my Trustee in its sole discretion may determine; and my Trustee, in the expenditure of income and/or principal for such purposes, may, at its discretion, apply the same directly without the intervention of a guardian or pay the same to any person having the care or control of said beneficiary or with whom the beneficiary resides, without duty on the part of the Trustee to supervise or inquire into the application of the funds by any person to whom any payment is so made. The balance of such income and/or principal shall be paid to such beneficiary upon reaching majority, or to such beneficiary's estate in the event of death prior thereto. - 2 - 7. I nominate and appoint my wife, Mary M. Houston, as Executrix of this my Last Will and Testament; and as substitute Executors I nominate and appoint in order of preference, first, my son, James Houston; and secondly, my granddaughters, Cathy Detweiler and Deborah Nastelli, as Co-Executors. 8. I direct that my personal representative and Trustee, as well as their successors, shall not be required to file bond or security in any jurisdiction. IN WITNESS WHEREOF, I have hereunto set my hand and seal this 'Z~ day of February, 1984. WITNESS: (SEAL) COMMONWEALTH OF PENNSYLVANIA : : SS. COUNTY OF CUMBERLAND : I, Wilbur S. Houston, Testator, whose name is signed to the. attached or foregoing instrument, having been duly qualified according to law, do hereby acknowledge that I signed and executed the instrument as my Last Will; that I signed it willingly; and that I signed it as my free and voluntary act for the purposes therein expressed. Sworn or affirmed to and acknowledged before me, by Wilbur S. Houston, Testator, this ~~ day of February, 1984. Testator - 3 - JA~ ~,~.~:s ~. HERTZLER, NOTARY PUT~LIC Cumberland County Carlisle, PA My Commission Expires January 27, 195"/ COMMONWEALTH OF PENNSYLVANIA : : SS. COUNTY OF CUmbERLAND : We, Roger M. Morgenthal and Tom H. Bietsch, the witnesses whose names are signed to the attached or foregoing instrument, being duly qualified according to law, do depose and say that we were present and saw Testator, Wilbur S. Houston, sign and execute the instrument as his Last Will; that he signed willingly and that he executed it as his free and voluntary act for the purposes therein expressed; that each of us in the hearing and sight of the Testator signed the Will as witnesses; and that to the best of our knowledge the Testator was at that time 18 or more years of age, of sound mind and under no constraint or undue influence. Sworn or affirmed to and subscribed to before me by Roger M. Morgenthal and Tom H. Bietsch, witnesses, this ~%~ day of February, 1984. Witness Cumberland Coumy CarS,~e~ ~A My Commission Expires January 27, 1987 - 4 - CERTIFICATION OF NOTICE UNDER RULE 5.6(a) Name of Decedent: Date of Death: Estate No.: Wilbur S. Houston March 11, 2004 21-04-0377 To the Register: I certify that notice of the beneficial interest required by Rule 5.6(a) of the Orphan's Court Rules was served on or mailed to the following beneficiaries of the above-captioned estate on April 20, 2004. Name Address James O. Houston Matthew Houston Kristine Detwiler Amber Nastelli David Nastelli, Jr. Cathy Detwiler Deborah Nastelli Jason Houston 411 Petersburg Road, Carlisle, PA 17013 605 A York Street, Hanover, PA 17331 37 Marilyn Drive, Carlisle, PA 170! 3 22 Fieldview Drive, Newville, PA 17241 22 Fieldview Drive, Newville, PA 17241 37 Marilyn Drive, Carlisle, PA 17013 22 Fieldview Drive, Newville, PA 17241 510 North Railroad Street, Palmyra, PA 17078 Notice has now been given to all persons entitled thereto under Rule 5.6(a) except none . Date: 04/20/04 Name Roger B. Irwin, Esquire Address 60 West Pomfret Street Carlisle, PA 17013 Telephone (717) 249-2353 Capacity: X __ Personal Representative Counsel for Personal Representative 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 003992 IRWIN ROGER B ESQ 60 W POMFRET ST CARLISLE, PA 17013 ........ fold ESTATE INFORMATION: SSN: 174-05-3260 FILE NUMBER: 2104-0377 DECEDENT NAME: HOUSTON WILBUR S DATE OF PAYMENT: 06/01/2004 POSTMARK DATE: 00/00/0000 COUNTY: CUM BERLAN D DATE OF DEATH: 03/11/2004 ACN ASSESSMENT CONTROL NUMBER AMOUNT 101 $13,415.80 TOTAL AMOUNT PAID: $13,415.80 REMARKS: IRWIN ET AL SEAL CHECK# 021216 INITIALS: VZ RECEIVED BY' GLENDA FARNER STRASBAUGH REGISTER OF WILLS REGISTER OF WILLS REV- 1500 EX + (6-o0) COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE DEPT. Z80601 HARRISBURG. PA 171Z8-0601 REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT OFFICIAL USE ONLY FILE NUMBER 21-200/+-00377 COUNTY CODE YEAR NUMBER D DECEDENT'S NAME (LAST, FIRST, AND MIDDLE INITIAL) SOCIAL SECURITY NUMBER E Houston Wilbur S. 174-05-3260 THIS RETURN MUST SE FILED IN DUPLICATE WITH THE CE DATE OF DEATH (M M-DD-YEAR) I DATE OF BIRTH (MM-DD-YEAR) D 03/11/2004 10/20/1911 REGISTER OF WILLS TN (IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST, AND MIDDLE INITIAL) SOCIAL SECURITY NUMBER H (date of death I~'~ 1. OriginalReturn ~.~2. SupplementalReturn 3. Remainder Return prior to lZ_13_8Z) cAPS I~ 4. UmitedEstateHp"L ~.~48. Future lnterest Compromise (date of death after lZ-1Z-SZ) 5. Federal Estate Tax Return Required S P I O ] L_~ 6. Decedent Died Testate L.~ 7. Decedent Maintained a Living Trust caAC ~r~TK "-ES Co" S T (Attach copy of Will) (Attach copy of Trust) II 9. Litigation Proceeds Received ~ 10. Spousal Poverty Credit (date of death between 1Z-31-91 and 1-1-95) 8. Total Number of Safe Deposit Boxes 11. Election to tax under Sec. 9113(A) (Attach Sch O) NAME Roger B. Irwin Esq. FI RM NAM E (If Applicable) IRWIN & McKNIGHT TELEPHONE NUMBER 717/249- 2353 1; Real Estate (Schedule A) (1) COMPLETE MAILING ADDRESS 60 West Pomfret Street West Pomfret Professional Bldg. Carlisle, PA 17013 122,000700 ~ OFFICIAL U~ ONLY R E C A P I T U L A T I O N C O M T I O 2. Stocks and Bonds (Schedule B) (2) 3. Closely Held Corporation, Partnership or (3) Sole -Proprietorship 4. Mortgages & Notes Receivable (Schedule D) ' (4) 5. Cash, Bank Deposits & Miscellaneous Personal Property (5) (Schedule E) 6. Jointly Owned Property (Schedule F) ' (6) ~ Separate Billing Requested 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (7) (Schedule G or L) 8. Total Gross Assets (total Lines 1-7) 9. Funeral Expenses & Administrative Costs (Schedule H) (9) 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) (10) 11. Total Deductions (total Lines 9 & 10) 12. Net Value of Estate (Line 8 minus Line 11 ) 13. 14. NTch-te None None 131,052.94 None 75,696.74 29,229.00 1,391.70 Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax' has not been made (Schedule J) Net Value Subject to Tax (Line 12 minus Line 13) (8) 328,749.68 (11) (12) (13). (14) 30,620.70 298,128.98 298,128.98 SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES 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 collateral rate 19. Tax Due 0.00 x .0 0 298,128.98 x .0 45 0.00 x .12 0.00 x .15 (15) (16) (17) (18) (19) 0.00 13,415.80 0.00 0.00 13,415.80 Copyright (c) ZOO0 form software only The Lackner Group, Inc. Form REV- 1500 EX (Rev. 6-00) Decedent's Complete Address: STREET ADDRESS 419 Petersburg Road CITY Carlisle STATE ?A ZIP 17013 Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount 0.00 670.79 (1) Total Credits ( A + B + C ) (2) 3. Interest/Penalty if applicable D. Interest E. Penalty Total Interest/Penalty ( D + E ) (3) 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. (SA) B. Enter the total of Line 5 + SA. This is the BALANCE DUE. (SB) 13,415.80 670.79 0.00 0.00 12.,745.01 0.00 12,745.01 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 Ne a. retaintheuseorincomeofthepropertytransferred; ......................... ~ ~ b. retain the right to designate who shall use the property transferred or its income; ........... c. retain a reversionary interest; or .................................... d. rece ve the prom se for fe of ether payments, benef ts 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? ............................................... [~ J-~ 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. 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. SIGNATURE OF PERSON RESPONSIBLE FOR FILING RETURN James 0. Houston DATE --~ / .~ 411 Petersbur~ Road / / o ........................... ~;J~J~E%P~EPAREROT~/Z~RJR~E~AT,VE IEWIN & Mc~IG~ ~ ~ ~~ ~ ~ 60 West Pomfret Street / .~ . surviving spou~is 3% [72 P.S. 9116 (a)(1.1) (i)]. For dates of death on or after Janua~ 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. 9116 (a) (1.1) (ii)]. The statute does not exempt a transfer to a sullying spouse from tax, and the statuto~ requirements for disclosure of assets and filing a tax return are still applicable even if the surviving spouse is the only beneficial. For dates of death on or after July 1, 2000: The tax rate imposed on the net value of transfers from a deceased child twen~-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. 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. ~ lS(aX~)]. 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. Copyright (c) ~000 form software only The Lackner Group, Inc. Form REV-1500 EX (Rev. 6-00) REV- 1502 EX + {1-97) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Wilbur S. Houston SS~/ 174-05-3260 SCHEDULE A REAL ESTATE 03/11/2004 FILE NUMBER 21-2004-00377 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 knowled~le of the relevant facts. Real property which is jointly-owned with ri~]ht of survivorship must be disclosed on Schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1 419 Petersburg Road, Carlisle, PA - Appraisal - See Attached 122,000.00 TOTAL (Also enter on line 1, Recapitulation) $ 122,000.00 (If more space is needed, insert additional sheets of the same size) Copyright (c) 1996 form software only CPSystems, Inc. Form REV-1502 EX (Rev. 1-97) REV- 1508 EX + (1-97) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY FILE NUMBER Wilbur S. Houston SSf/ 174-05-3260 03/11/2004 21-2004-00377 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 VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1 2 3 4 0rrstown Bank - Certificate of Deposit 4000002285 Waypoint Bank - Checking Account 4100012369 Waypoint Bank - Checking Account 100096544 Personal Property - Sold at Public Auction TOTAL (Also enter on line 5, Recapitulation) 45,204.84 47,917.44 24,956.91 12,973.75 $ 131,052.94 (If more space is needed, insert additional sheets of the same size) Copyright (c) 1996 form software only CPSystems, Inc. Form REV- 1508 EX (Rev. 1-97) REV-1510 EX * (1-97) SCHEDULE G INTER-VIVOS TRANSFERS & MISC. NON-PROBATE PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Wilbur S. Houston SS~/ 174-05-3260 03/11/2004 21-2004-00377 This schedule must be completed and filed if the answer to any of questions 1 through 4 on page 2 is yes. DESCRIPTION OF PROPERTY % OF ITEM INCLUDE THE NAME OF THE TRANSFEREE, THEIR DATE OF DEATH DECD'S EXCLUSION TAXABLE VALUE RELATIONSHIP TO DECEDENT AND THE DATE OF TRANSFER. NUMBER ATTACH ACOPYOF THE DEED FOR REAL ESTATE. VALUE OF ASSET INTEREST (IF APPLICABLE) 1 American General Annuity 75,696.74 75,696.74 TOTAL (Also enter on line 7, Recapitulation) $ 75,696.74 (If more space is needed, insert additional sheets of the same raze) Copyright (c) 1996 form software only CPSystems, Inc. Form REV-1510 EX (Rev. 1-97) REV- 1511 EX + (1-97/ COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Wilbur S. Houston SS# 174-05-3260 Debts of decedent must be reported on Schedule I. SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS 03/11/2004 FILENUMBER 21-2004-00377 ITEM NUMBER 2 3 4 5 6 DESCRIPTION FUNERAL EXPENSES: ADMINISTRATIVE COSTS: Personal Representative's Commissions Name of Personal Representative(s) Ja.mes O. Houston Social Security Number(s) / EIN Number of Personal Representative(s) Street Address City State Zip Year(s) Commission Paid: Attorney's Fees IRWIN & McKNIG[-T[' 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 Register of Wills Accountant's Fees Tax Return Preparer's Fees Other Administrative Costs Cumberland Law Journal - Advertising Gas Patricia A. Rosendale CPA - 2003 Register of Wills - Filing Fee - Roy D. Gotshall - Auctioneer Steven W. Barrett Real Estate Appraisal Income Tax Preparation Inheritance Tax Return AMOUNT 12,865,00 13,625.00 298.00 75.00 31.00 47.00 25.00 1,988.00 275.00 TOTAL (Also enter on line 9, Recapitulation) $ 29,229.00 (If more space is needed, insert additional sheets of the same size) Copyright (c) 1996 form software only CPSystems, Inc. Form RI=V- 1511 I=X (Rev. 1-97) REV-151Z EX + (1-97) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Wilbur SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, AND LIENS S. Houston SS# 174-05-3260 03/11/2004 FILENUMBER 21-2004-00377 Include unreimbursed medical expenses. ITEM NUMBER DESCRIPTION AMOUNT 1 2 3 4 5 6 7 8 9 Central Penn Medical - Hospital Cumberland Valley Memorial Gardens Cumberland Crossing - Nursing Giant - Luncheon MET-ED Electric Shipley Energy - Fuel Oil The Sentinel - Advertising Walmart Luncheon West Shore EMS - Ambulance Saturday Fee 24.82 190.00 434.86 225.60 102.19 179.13 95.27 38.79 101.04 TOTAL (Also enter on line 10, Recapitulation) $ 1,391.70 (If more space is needed, insert additional sheets of the same size) Copyright (c) 1996 form software only CPSystems, Inc. Form REV-1512 EX (Rev. 1-97) REV-1513 EX + (9-00) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Wilbur S. Houston SS~/ 174-05-3260 SCHEDULE J BENEFICIARIES 03/il/2004 FILENUMBER 21-2004-00377 NUMBER II. NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 91 l~a)(l.Z)] Cathy Detwiler 37 Marilyn Drive Carlisle, PA 17013 Kristine Detwiler 37 Marilyn Drive Carlisle, PA 17013 James O. Houston 411 Petersburg Road. Carlisle, PA 17013 Jason Houston 510 North Railroad Street Palmyra, PA 17078 COI~TINUED RELATIONSHIP TO DECEDENT Do Not List Trustee(s) Granddaughter Other Son Other AMOUNT OR SHARE OF ESTATE 24% of Remainder 1/5 of 4% 48% of Remainder 1/5 of 4% ENTER DOLLAR AMTS. FOR DISTRIBUTIONS SHOWN ABOVE ON LN. 15 THRU 18, AS APPROPRIATE, ON REV 1500 COVER SHEET NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SEC. 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 (If more space is needed, insert additional sheets of the same size) Copyright (c) ?000 form software only The Lackner Group, Inc. Form REV- 1513 EX (Rev. 9-00) I Number Name & Address of Person Receivin$ Property Relationship Share 5. Matthew Houston Other 1/5 of 4% 605 A York Street Hanover, PA 17331 6. Amber Nastelli Other 1/5 of 4% 22 Fieldview Drive Newville, PA 17241 7. David Nastelli, Jr. Other 1/5 of 4% 22 Fieldview Drive Newville, PA 17241 8. Deborah Nastelli Other 24% 22 Fieldview Drive Newville, PA 17241 LAST WILL AND 'TESTAMENT OF WILBUR S. tIOUSTON I, WILBUR S. IIOUSTON, of South Middleton Township, Cumberland County, Pennsylvania, declare this instrument to be my Lash Will and Testament, in manner and form following: 1. I hereby expressly revoke all Wills and Codicils heretofore made by me. 2. I hereby direct .my Executrix to pay all my just debts, funeral and administrative expenses out of my estate, as soon as practicable after my death. 3. ! direct that all taxes that may be assessed in consequence of my death of whatever nature and by whatever jurisdiction imposed shall be paid out of my estate as a part of the administration of :ny estate. 4. Should my. wife, Mary M. ttouston, survive me for a Period of thirty days fOllowing my death, I devise and bequeath the remainder of my eseate to Mary ~. ttouston. 5. Should my wife, ~-ary M. Houston, predecease me or die on or before the thirtieth day fol]owin¢~ mv death I de,rise and bequeath the remainder of my estate as follows: A. I devise and beque'ath forty'eight per cent (48%) of the remainder of my estate to my son, James ttouston upon the following conditions: , (1) I request, but do not require, that my son, James Houston, give to each of my step grandchildren, to wit: Lisa Moffit, Douglas Moffit, Denyce t,~offit and Kevin Moffit, at least Two Hundred Dollars ($200.00) as a gift by which they shall remember (2) James ttouston shall have the right to take as all or part of this remainder share, my residence property located at 419 Petersburg Road, Carlisle, Pennsylvania, but on the condition that if the value of said real estate,' as appraised for inheritance tax purposes, comprises more than forty-eight per cent (48%) of the remainder of my estate, he shall be required to pay to ]ny estate, for the purpose of distribution to the other z?esidual le.qatoes, sufficient monies to reduce the value received by James I[ouston to forty-eight pe~ cent (48%) thereof; said monies shall be paid to my estate within ninety (90) days after the date of tile. filing of th~ notice of appraisement by the Pennsylvania Department of f~evenue in my estate. (3) Should my son, James HOuston, predecease me, I devise and bequeath ]]is share to his issue who survive me, not including any of my above-named step grandchildren or his adopted son, Jason Houston, for whom provision is made elsewhere in this will. B. I devise and bequeath twenty-four per cent (24%) of the remainder of.my estate to my granddaughter, Cathy Detweiler. Should Cathy Detweiler p~edecease me, I devise and bequeath her share to her issue, per stirpes, who survive me, not including Jason Houston. C. I devise and bequeath twenty-four per cent (24%) of the remainder of my estate to my granddauqhter, Deborah Nastelli. Should Deborah Nastelli predecease me, I devise and bequeath her share to her issue per stirpes, who survive me. ' D. I devise and bequeath four per cent (4%) of the remainder of my estate in equal per capita shares to my great grandchildren living on the thirty-first day following my death; Jason Houston, who was born to my granddauqhter, Cathy Detweiler, out of wedlock and later ad~pted by-my son, James Houston, shall, for the purposes of distribution under this will, be considered a great grandchild rather than an adopted grandchild, and shall therefore receive his share under the provisions of this sub-paragraph. E. Any gift to grandchildren under my will, whether made directly or indirectly, because my son has predeceased me, shall not include my Step grandchildren, who have been provided for elsewhere in this will. 6. I nominate and appoint Farmers Trust Company, Carlisle, Pennsylvania, Trustee of the share of any beneficiary ~:,ho maI, be a minor. The income and/or principal of said trust may be accumu- lated or expended for the maintenance, education and support of such beneficiary as my Trustee in its sole discretion may determine; and m!, 'Trustee, in ~he expenditure of income and/or principal for such purposes, may, at its discretion, apply the same directly without the intervention of a guardian or pay the same to any person having the care or control of said beneficiary or with whom the beneficiary resides, without duty on the ,'~art of the Trustee to supervise or inquire into the application of the funds by' any person to whom any payment is so made. The balance of such income and/or principal shall be paid to such beneficiary upon reaching majority, or to such beneficiary,s estate in the event of death prior thereto. - 2 - 7. I nominate and appoint iny wife, Mary M. Houston, as Executrix of this my Last Will and Testament; and as substitute Executors I nominate and appoint in order of preference, first, my son, James Houston; and secondly, my .granddaughters, Cathy Detweiler and Deborah Nastelli, as Co-Executors. 8. I direct that my personal, representative and Trustee, as well as their successors, shall not be required to file bond or security in any jurisdiction. IN WITNESS WHEREOF, I have hereunto set my hand and seal this '2."~"~{ day of February, ]984. , lbur S. I{ouston (SEAL) COMMONWEALTH OF PENNSYLVANIA : : SS. COUNTY OF CUMBERLAND : I, Wilbur S. Houston, Testator, whose name is signed to the attached or forecoino instrument,, having been duly qualified according to law~" do 'hereby acknowledge that I signed and executed the instrument as my Last Will; that I signed it willingly; and that I signed it as my free and voluntary act for the purposes therein expressed. Sworn or affirmed to and acknowled, ged before me, by Wilbur S. Houston, Testator, this 2,-'[~. day of February, 1984. - 3 - CO~@'~ONWE;~LTH OF PENNSYLVANIA : : SS. COUNTY OF CUMBERLAND : We, Roger M. Morgenth~l and Tom H. Bietsch, the witnesses whose names are signed to the attached or foregoing instrument, being duly qualified according to law, do depose and say that we were present and saw Testator, Wilbur S. Houston, sit-in and execute the instrument as his Last Will; that he signed will~'ngly and that he executed it as his free ~nd voluntary act for the purposes therein expressed; that each of us in the hearing and sight of the Testator signed the Will as witnesses; and that to the best of our knowledge the Testator was at that time 18 or more years of age, of sound mind and under no constraint or undue inf].uence. Sworn or affirmed to and subscribed to before me by ~oger · Morgenthal and Tom II. Bietsch, witnesses this ~ ~-",-,~ day of ~ebruary, 1984. , :.~ · S. W. BARRETT REAL ESTATE & APPRAISAL SERVICES File No. 04-0170 APPRAISAL OF LOCATED AT: 419 Petersburg Road Carlisle, PA 17013 FOR: Irwin & McKnight 60 West Porn fret Street Carlisle, PA 17013 BORROWER: HOUSTON, Wilbur S. (Estate) AS OF: 03/1112004 BY: Stan A. Skowronek Certified Residential Appraiser 124-126 NORTH HANOVER STREET, CARLISLE, PA 17013 717-243-6646 AND FAX 717-243-8627 S. W. BARRETT REAL ESTATE & APPRAISAL SERVICES File No. 04-0170 04~0112004 Irwin & McKnight 60 West Pomfret Street Carlisle, PA 17013 File Number: 04-0170 In accordance with your request, I have personally inspected and appraised the real property at: 419 Petersburg ROad Carlisle, PA 17013 The purpose of this appraisal is to estimate the market value of the subject property, as improved. The property rights appraised are the fee simple interest in the site and improvements. In my opinion, the estimated market value of the property as of March 11, 2004 is' $122,000 One Hundred Twenty-Two Thousand Dollars The attached report contains the description, analysis and supportive data for the conclusions, final estimate of value, descriptive photograph's, limiting conditions and appropriate certifications. Respectfully submitted, Start A. Skowronek Certified Residential Appraiser 124-126 NORTH HANOVER STR[=ET, CARLISLE, PA 17013 717-243-6646 AND FAX 717-243-8627 SUMMARY APPRAISAL REPOR¥ P_r'gperty D;sc, iptio. UNIFORM RESIDENTIAL APPRAISAL REPORT F,e No. 04-0170 mPr_Lt~Address 41-9 _P_eters_b~urg Road ~ Carlisle .... m_~_gJl Descr~l~hon See le a~esc___._rription - st__~ale PA ~ 17013 Assessor's .P~ajcel No. 40-25-0060-015 ~erland 375.00 Wilbur S. M. Houston Owner its $ N/A PUD. Name Sol th Middleton Twp N/A Date of Sale N'-~/'~ Ma_~_Reference 25-0060 Census Tract _0125.00 Description and $ amount of loan char~concessions to be aid b seller N/A -ender/Client Irwin & McKni~ht - Ad---dress 60 West Pomfret Street Carlisle PA 17013 ~ronek 17013 Location Urban Suburban Rural Predominant Single family housing Present land use % Land use change Built up [] Over 75% ~-~ 25-75% ~ Under 25% occupancy PRICE AGE Growth rate [] Rapid [~ Stable ~ Slow ~ Owner 95 80 Low New 2-4 family 0% ~ In process Propedyvalues ~-~ Increasing ~] Slable ~ Declining ~ Tenan( ,(ooo; (yrs) OnefamJJy ~ Nollikely ~ Likely Demand/supply [] Shortage [~ Inba~ance ~ Oversupl~y ~ Vacant(0-5%) Multi-fam]y 0% To: Residential Commercial 120 40 Note: Race and the racial composition of the neighborhood are not appraisal factors. Neighborhood boundaries and characteristics: Su_~_~ct is bou. n~ded on t~he north b Enola Rd on the east b Wolfs Br~on the ire 233. Factors that affect the marketability of the properties in the neighborhood (proximity 1o employment and amenities,, employment stab i~y appeal to market, etc.): _dist___anc___Qe. S___MSA 3240 °P-9-~E~L-a-menities are Markel conditions in the subject neighborhood (including support for the above conclusions related to lhe trend of properly values, demandlsupply, and marketing time - - such as data on competitive properties for sale in the neighborhood, description of the prevalence of sales and financing concessions elc.): Pr.~.~Q_e~_~/_sales rec_~ords and MLS statistics show a stea~der , ~~f 80-1~0 d~s show'aa ogg_9_d__balance of su ate increase in ro err values over the asr ear. Ave_rage needed in_the nei_~qhborhood, ance ct su I and demand. Few sales and financin concessio --------------.-- --~ ' ...... -,,u llmmdllCIn C*__~ ns are "Project In~'---~ormation for PUDs (If applicab e) - - Is the developer/builder in c Approxlmale total number of units in the subiecl nroiect kl/^ ontrol of the Home Owners' AssOciation (HCA)? ~' , ' "..'. ' ~ · Approx~telotal numberofunits for sale in the subject project N/A ~ Describe common elements and recreahonal fac ~hes: Dimensions See leqal desc~tion Site area 14.27Acres~/I ~ ~ Topography Rollino Specific zoning classification and descri-t:o ......... Corner Lot ~ Ye~~ Size Zoningcom.liance ~ - . ~ P' "~vation ' ~ .. ~rmal ........ ~- ~_~ un[ use~eruse(explain~ ' I u" ~ ade uate UlllltleS Public 0 .... - ........ ~ TM .... Electrcit~ ~ .~ ,.er Off-site Improvements ~ ~ -,~w ~n COU.~ -- · L~J ~uu ar Street M . r~c Y~le~ Lands~ping ~r ~ well Sidewalk ~ ~ ~ ~ Apparent easements No.e A a ~amtary sewer Se it' ~ . [e~t S,.e.,,,..,..o.e ~ ~ ~ FEMA Zone X Comments (apparent adverse easemenls encroachments, special assessments, slide areas, illegal or legal nonconforming zoning use, etc.): OR site water , [ FEMAMa No. 420371 0010C encro~ ' tions. GENERAL DESCRIPTION EXTERIOR DESCRIPTION FOUNDATION BASEMENT INSULATION No. of Units I Foundation Conc. Block Slab None Area Sq. Ft. 924 Roof No. of Stories I Exterior Walls Alu Cra~ Space None % Finished 0% Ceiling * Type(Del./Att.) Detached Roof Surface As )halt Basement FUll Ceiling O Wails Design(Style) I St, Gutters & Dwnspts. Alum' SumpPump None Walls Conc Floor *-______ Exbting/Proposed Exist Window Type Wood Frame Dampness None Obs. Floor Concrete None Age (Yrs.) 50 Storm/Screens Yes Settlement None Obs. Outside Entry No 15-20 louse No ROOMS Obs. U,k,o~,, -------_ Basement # BatHs ,r Unk Level 1 Level 2 contains: INTERIOR Materials/Condition HEATING Floors Car Type BBHW Walls Dr_Fl/wall Fuel Oil Trim/Finish Wood Bath Floor ~ COOLING Bath Wainscot CerTile/DW Central None Doors Wood Other None dition i(ionN/A Additional features (special energy efficient items, etc.): Rear covere_~d__~orch' Several small outbuildin s used for stora_~g_e.' Condition of th.e improvements, depreciation (physical, functional, and external), repairs needed,.quality of construction remodeling/addit OhS, etc.: KITCHEN EQUIP. A'i-FIC AMENITIES CAR STORAGE: Re[rigerator ~ None ~ Fireplace(s)# E~ None ~ Range/Oven ~) Stairs [~ Patio ~ ~ Gerage 2 Disposal [] Drop Stair ~] Deck ~ Attached Dishwasher ~] Scuttle ~ Porch Covered ~ Detached Fan/Hood ~ Floor ~) Fence ~ BuiU-in Microwave ~ Heated ~ Pool ~ ~ Carpo. Ira_re_prove # of cars 2 4/Mac )arent. Adverse environmental conditions (such as, but not limited to, hazardous wastes, toxic substances, etc.) presenl in the improvemenls, on the site, or in the immediate vicinity of the subject properly: No adverse environmental COnditions are a arent/disclosed. Klie Mac F,xm 70 6.9:) PAGE 1 OF 2 Valuation Section rE VALUE SUMMARY APPRAISAL REPORT UNIFORM RESIDENTIAL APPRAISAL REPORT F,e ,o. 04-0170 7.~"~_ Comments on Cost Approach (such as, source of cost estimate. site value, square foot calculation and for HUD, VA and FmHA. the estimated remaining economic life of the property): Cost new from Marshall Swift Valuation Service Handbook and local cost analysis. Land value Market Data Comparison. Depreciation based on age life 9bserved condition and Market Data Analysis. Estimated Remaining Economic Life i~ 40-45y_ears -- ESTIMATED REPRODUCTION COST-NEW OF IMPROVEMENTS: Dwelling 924 Sq. FI. @$ 55.00 = $... 50,820 Bsmt. 924 _ Sq. Ft. @ $ 10.00 = 9,240 ~utbuildings = 40,000 Garage/Carport 576 Sq. FI. @ $ 20.00 = 11,520 Total Estimated Cost New Less Physical Fu~lio'n;l' ' ' ~t;r'n~l' ' = $ 111,580 Est. Remaining Econ. Life: Depreciation ~50,000 I$_0 I $0 $ 50,000 Depreciated Value of Improvements .................. = $ "As-is' Value of Site Improvements ................... = $ INDICATED VALUE BY COST APPROACH ........... = $ ITEM ~ SUBJECT COMPARABLE 'NO. 1 419 Petersburg Road Address Carlisle Sales Price Price/Gross Liv. A~ea Data and/or Verification Sources Sales or Financing Concessions 0.00 Inspection Courthse Rec DESCRIPTION 'ne Location Suburban Leasehdd/Fee i Site 14.27 Ac/_Avg View )eh count , of Conmmdion e 50 Yrs Condition Above Grade y__Roon~ Count ea._~___ ished rede Gara e/Car od Porch, Patio, Deck, Fir e~_a c__e.(s), et_c_:___ 2: 1.00 924 Sq. Ft. Full Bsmt/ Unfinished Averaqe HWBB/None Typical 2 Car Garage Porch 240 Arch Street Carlisle 2.3 MI NW $ 106.77 MLS/Courthouse Records -15 61~580 3,000. 134_~.~._] ~__ COMPARABLE NO. 2 1944 C a v-~r y S--~"~r ee~ I C_a_rlisle 4.4 MI WNW $ 71 $ 6fl.46 ~ $ 68/ MLS/Courthouse Records AppData/Courthse DESCRIPTION I * (*) $ Adjustment None, Cash ,, DOM 15 ~ O112112OO4 Suburban )le , .16 AclAvg : 42,000_ Il , e 46 Yrs 41 2: 1.00] 768 Sq.R. Full Bsmt/ ', Unfinished 2,340 Average FHA/CA ; -3,000 --Typical 2 Car Garage Porch/Patio I -1,000 ~PARABLE NO. 3 I~43 ~ilen R°a~ Carlisle 1 S_~t o r y/A__/_/_/_/_/_/_/~ Av~eraqe 36 Yrs Ave r a~_..Cl~_, Total', Bdrm~ ', Baths _ 51 3', 1.00; 1~040 Sq. Ft. ', Full Bsmt/ __ Unfinished DESCRIPTION DESCRIPTION None, Cony ,, None, Conv DOM 12 : DOM 46 04~25~2003 ' ~uburban Fee Simple .26 Ac/Avg Residential i mercial Ave r_____a~ EBB/None !/3/2003 Suburban ) $ Adtuslmen[ -1,74 Typical . : _ 4~ooo None I 2,000 )le 34 Ac/Avq_____ 41 ,_5~0- 43 Yrs Total I Bdrms I ~Mhs _5! 2: 1,00~ 1,106_S...~.Ft. ~. -2,73~ Full Bsmt/ Unfinished Av_eraq__e -- FHA/None , 2,500 . Car Gara_g_e Encl. Breezewy Fence Pool etc Stora~,e ek~.~_ ~, ', ~ -'--- * _ ~ ..,.=u~ ~one ' 2,00C . None " 2.000 No ~-.'7------- -- ~: ............................. /_ -- j I -' : ~ n_.____e L_ 2 000 of Comparable .............................. I N~ ........ ~.:,~:.~ .............. $ 124,340 I::~t;~:i~¥6~;~:.::~f~i~i~?!~f: $ 118,960 ii~ii::i!iii?i~!!~iii!iiiiii!iiii $ 117,270 Comments on Sales Comparison (including the subject propedy's compatibility to the net hbo,ho . $135~000. _Su._q.[~us acrea~,e ad;ust ................ g od. etc. ): Indicated ran e of value i -- ....... ~ J '":-~m are maae ~ ~ s $117 000 to acre __ [e at ~;:l,O00/acre. Corn arable # ' -- ~-:-'~ ~ These are the best sales corn ara P_a_ 4 mcluded as the best com_p_grable w~th ~ '-- P bles known to be av~a--b~e.' ' Date, Price and Data J COMPARABI E NO. 1 COMPARABLE NO. 2 COMPARABLE NO 3 Source for pdor sales iUnknown ~- /None iNone - . / ' INone withinyear °? a_PE~__J U n known /Courthouse /Cr~urthouse A.al, is of an, ,u.ent agreemenl o, sal , o,t,n, or listing oft e subiect prope y and anal.is o, an,,,.sales ofsubie and mpa ble! o, appraisal: No_9_p_r:ior _s_ales within thej~ast 36 months. Coil?arables have not transferred within the p_as__t_12 months. INDICATED VALUE BY SALES COMPARISON APPROACH INDICATED VALUE BY INCOME APPROACH (If Applicable) Est mated Market Rent $ N/A /Mo ........ . ............... $ 122,00C " ' --~ ' ' " ' - . ' ............................. . x Gross Re,,I Multiplier N/A = $ N/---~ Th,s appra sal Is made L-~ as ,s" [] subject to the ,epa,s. alterations, inspedions or conditions listed below [] subjed to completion Per plans and specifications. ConditionsofAppreisal: T._.he~_prope?~ has been appraised in current condition. This a_p~raisal is for client onl ny_~ransferable. See attached addendum. --' Final Reconciliation: Cost and Market Analysis consistently supports the estimated market value. GRM an__~9_~_sis was found -- in__~appro_gP__~.ate for this. an~a~lysis. Greatest weight is applied to the Market Data Analysis. Su_p_~o__rting.file information substantiates these estimates. - .... ---. ~ The purpose of this appraisal is to estimate the narket value of the real properly that is the subject of this repod, based on the above conditions and the cedification, contingent and limiting conditions, and market value defin~lion that are stated in the attached Freddie Mac Form 439/Fannie Mae Form 1004B (Revised 6~93 ). I (WE) ESTIMATE THE MARKET VALUE, AS DEFINED, OF THE REAL PROPERTY THA1; IS THE SUBJECT OF THIS REPORT,--~'~OF 03/11/2004 (WHICH IS THE DATE OF INSPECTION AND THE EFFECTIVE DATE OF THIS REPORT) TO BE ~.~ ~"~ ~ ~---~ Name Stan A. Skowronek _D~te~Rep_9_rt Sig.ne~d 04/------~1/2004 _Narne~..Steven W. Barrett, SRPA, SRA Not inspect Properly D.~ate Report Sic_ned 04/01/2004 State Certification # RL-001572-L State PA State Cedification # GA-OOO298-L State PA Or State License # -- State Or State License# RB-O26921-A ~ S~ate PA PAGE 2 OF 2 Certified Genera Appraiser ¢,,,,~,,"~ ~o~---~ Steven W. Barrett R.E. Appr. Svc. ~die Mac F~m l0 6.9:] ~ ,ppraiser __~rnental Valuation Section ITEM SUBJECT 419 Petersburg Road ~ddress Carlisle Sales Price Price/Gross Liv..N'ea 0.00 Data and/or Inspection Verification Sources Courthse Rec Sales or Financing Date of Sale/Time Location ;uburban Site 14.27 Ac/Ave View countr~ SUMMARY APPRAISAL REPORT UNIFORM RESIDENTIAL APPRAISAL REPORT 3960 Enola Road Newville COMPA___~_~BLE NO. 5 11.6 MI WNW $ $ $ 146.67 $ MLS/Courthouse Records ;RIPTION ;RIP¥1ON None, Cony I ,- ,OM 129 ', ~ 04/30/2003 I burban ' ' I ' 3Je , , 10 · , Residential , e 50 Yrs 83 Yrs Condition Above Grade Baths Room Count 2; 2: 1.00~ 924__ 900 Scl. Ft. Basement &Finished Full Bsrnt/ Full Bsmt/ Rooms Below Grade Unfinished HWBB/None )ical )ical 2CarGara__ None Porch, Patio, Deck, Porch Porch NO. 6 Sheds 'n/Fnc Adjusted Sales Price $ Comments on Sales Comparison (including the subject property's compatibility to the neighborhood, etc. ): $ · Date, Price and Dalai I- - ~ ~CCO__~MPARABLE NO. 5 ~-'--COMPARABLE 6 · S°urcefctFi°rsales ~ Unknown INone - ~ ! within year of ap a~31J Unknown I Courthouse i. Anatysjs of any current agreement of sale, option, or listing of the subject property and analysis of any prior sales of subject and comparables within one year of the date of appraisal: Borrower: HOUSTON,Wilbur S. Est~ Pr__opedy Address: 419 Petersburg Road _C_ity: _Carlisle Lender: Irwin & McKnight FLOORPLAN State: PA File No.: 04.0170 Case N,.: Z_~__. 17013 Kitchen / Md Rm L~ Living Bedroom Bath Bedroom Sketch by Apex IV WindowsTM ; AREA: CALCU~T!ONS SUMMARY F~r% FZ°or 924:0008 9~.~.00oS Covered Porch 72.0000 Covered Stoop 48.0000 120.0000. T°!~ LII,~BLE (rounded) 924 :LIVING AR~ ,BRE~DOWN ~ ~'~r"t. ~oOr 14,00 x 38.00 532.0002 14.00 x 28.00 392.0007 2 Areas Total (rounded) 924 124-126 NORTH HANOVER STREET, CARLISLE, PA 17013 717-243-6646 AND FAX 717-243-8627 IBorrower: H_OUSTON, Wilbu_r S. E~pte_~_L ~~_~ress'419 Peter~-bUr Ro~d I ~ty: Carlisle l ~'~nder.'~i~- ~- ~i~.~ File ~o,: __o4-0170 State: PA Z~17013 FRONT VIEW OF SUBJECT PROPERTY Appraised Date: March 29, 2004 REAR VIEW OF SUBJECT PROPERTY STREETSCENE Borrower: HOUSTON. L_Wilbur S. (Estate) Pr~:~e_rt_y__Address: 419 Petersburg_Road .~;ity: C_arlisle Lender: Irwin & McKni~lht State: PA File No.: 04-0170 Case No.: ~_~: 17013 B~ HOUSTON, Wilbur S._{Est_at~e) _,Pr_o ep_~y_Address: 419 Petersburq Road .City:__C£ar__lisle Lender: Irwin & McKni.~. State: PA File No.: Case No,: 04-0170 ~Zi:17013 Borrower: HOUSTON~ Wilbur S. (_Estate) .p_ro_~edy_Address:419 Petersburq Road _City: Ca_rlisle Lender: Irwin & McKniqht State: PA File No.: Case No.: 04-0170 Z_~p: 17013 I Borrower: H_OUSTON WL~ilbur S. (Estate'l ................ '.', ,-,,, , ,- n~.,, ~., '~uu,'~uu~ _~;r~_dress: 419_.~_ete~r~~~- File No.: 04-0170 Carlisle Case No.: COMPARABLE SALE #1 240 Arch Street Carlisle Sale Date: 01/2112004 Sale Price: $ 82,000 COMPARABLE SALE #2 944 Cavalry Street Carlisle Sale Date: 04/2512003 Sale Price: $ 71,200 COMPARABLE SALE #3 243 Allen Road Carlisle Sale Date: Sale Price: $ 76,000 ~HOUSTON, Wilbur S. E~ate.) State: PA F~le No.:______04-0170 _Case No.: 17013 COMPARABLE SALE #4 3960 Enola Road Newville Sale Date: 04~30~2003 Sale Price: $132,000 COMPARABLE SALE #5 Sale Date: Sale Price: $ COMPARABLE SALE #6 Sale Date: Sale Price: $ Bo___r_rower: HOUSTO~s' ~ Pr-~O~ss: 4~1~ Road Carl_____isle .... PLATMAP State_____j PA File ~70 Ca____se No.: ~7013 r0r Oak SU Lindsey Rd FioodMap Legend A'eas ,~,n~a~:ed ~y 5~q~-~,ee~ flooding I:lut~anwe~l ~t LiT FIo0~! Inl~orma~ion Community: 4203rl . SOUTH MIOOL~ON, TOWNSHIP O~ P~pe~ i~ n~ in a F~speeial flood ha~a~ a~a. ~P Number: 420371 OOIOC Panel: OOiOC ~p D~e: 01~5/1996 ~ne: g FIPS: 42041 Neither Transamerica Flood Hazard Certification (TFHC)nor ACI make any mpmsentation_~ or uJananties to any party concerning the content, accuracy or completeness of this flood report, including any ~uarrant¥ of merchantability or fitness for a particular purpose. Neither TF H C nor ACl nor the seller of this flood report shall have any liability to any third party for any use or misuse of this flood report. 124-126 NORTH HANOVER STREET, CARLISLE, PA .17013 717-2------43-6646 AND FAX 717-243-8627 LOCATION MAP Borrower: HOUSTON~LWilbur S. Est_(~ Pr___oped_C_y_A_cldress: 419 Petersbu_~g~.q_Road ~r/]sle Lender; Irwin & McKni ht St___ate: PA File No.:_~04-0170 C___ase No.: Zi~EL.' 17013 '% ATLAS t,/ IN~ Prepared by: Steven W Barrett R.E. Appr. Svc. 717-243-6646 ~UNT HOLLY SP Sca. 1 e .' 22 124-126 NORTH HANOVER STREET, CARLISLE, PA 17013 717-243-6646 AND FAX 717-243-8627 File No, 04-0170 ********* QUALIFICATIONS ********* The following checked items are SPECIFIC SPECIAL CONDITIONS that were identified by this appraiser during the inspection of the subject property, the comparables sales, and their neighborhoods and locations. Unless otherwise noted, the conditions that apply to the subject property or the comparable sales used DO NOT AFFECT THE MARKET VALUE OR THE FUTURE MARKETABILITY OF THE SUBJECT PROPERTY BEING APPRAISED. This is not a home inspection service. This is an appraisal to estimate market value. .~1. The subject is located in a rural area and is less than 25% built-up. __x_2. Commercialllndustrial uses are located within the subject's neighborhood. These uses are typical of similar neighborhoods. _x__3. Vacant and undeveloped land uses are located within the subject's neighborhood. These uses are typical for the area. _x__4. The predominant value in the neighborhood is less than that of the market value of the subject property. This is due to the very wide range of value of properties in the area and superior quality of the subject property. . 5. The subject property is located in a F.E.M.A. Identified Flood Zone. Flood insurance coverage is required and suggested. _6. Dampness is noted in the basement of the subject. Standing or running water was not present on basement floor. This condition is considered typical in dwellings of this style. _x__7. The subject property is serviced by private well and/or septic systems which is common for the area. _x__8. The subject is older than five(5) years. All mechanical systems including the heating, electrical and plumbing systems appear upon a visual exterior inspection to be in working order. No warranties are implied in this statement. ____9. Repair items were noted in the comments section of the report. These comments on repair items are for descriptive purposes only and are not required repairs. The items listed are cosmetic in nature. ~10. The basement floor is a dirt floor. This condition is common and typical for the area. and does not pose a health or safety hazard. ~11. The subject property does contain functional obsolescence as noted in the report. This condition is considered typical and common for the area and this style dwelling. ~12. The land value exceeds 30% of total value due to the high demand for vacant land in this neighborhood. This condition is considered common and typical for the neighborhood. _x_13. The land value exceeds 30% of total value. This is due to the large size of the site. This condition is considered to be typical and common. _x_14. Individual adjustments were required that exceed 15%. These adjustments were required due to lack of more similar comparables on that individual rating. All comparables used are the best available. ._x_15. Total adjustments exceed 25%. This is due to-the lack of comparable sales that were more similar in the subject's market area. All comparables used are the best available. __x16. One or more comparable sales are older than six(6) months. Although there are comparable properties in the subject's area, none have sold recently; therefore, sales in excess of six(6) months have to be used. All comparables used are the best available. _x_17. One or more comparables used were in excess of one (!) mile from the subject property. Although there are comparable properties in the immediate area, none have sold recently. Therefore, it was necessary to use comparable sales outside of the immediate area. All comparables used are located in similar neighborhoods and within the same marketing area. All comparables used are the best available. .__18, The electrical system was not connected during i, nspection, ~19, The water service was not connected during inspection. ._ 20. The heating system was shut down during inspection. ~21. Roofing Plumbing Electrical Heating certification(s) ~ ~ ~ ~ is/are suggested. ~22. Inground swimming pool , out buildings are'included~,not included according to lender's guidelines. - - ~ ~23. According to lender's guidelines a maximum of acres were considered for this valuation. Remaining acreage was given no value. File No. 04-0170 ********* QUALIFICATIO'NS ********* ___24. The subject property is located on a private road. ___25. Wood infestation inspection is suggested. _x_26. Last recorded deed transfer: Date__Unknown , Consideration: $.. .. 27. Proposed construction/renovation in accordance to plans and specifications to be completed in a workman-like manner. ~28. Seller is paying part or all of closing costs. ._x_29. All comparable sales are verified closed sales. .~x_30. There are no special conditions or other requirements that would affect market value or future marketability in the Appraisal Report. CHECKED ITEMS ARE SPECIFIC SPECIAL CONDITIONS THAT WERE IDENTIFIED BY THIS APPRAISER DURING INSPECTION. File No, 04-0170 ********* QUALIFICATIONS ********* Confidentiality and Security Policy We consider privacy to be fundamental to our relationship with clients. We are committed to maintaining the confidentiality, integrity and security of clients' personal information. Internal policies have been developed to protect this confidentiality, while allowing client needs to be served, We restrict access to personal information to authorized individuals Who need to know this information to comply with federal standards to protect your nonpublic personal information. We do not disclose this information about you or any former consumers or customers to anyone, except as permitted by law. The law permits us to share this information with our affiliates. The law also permits us to share this information with companies that perform marketing. When we share nonpublic information referred to above, the information is made available for limited purposes and under controlled circumstances. We require third parties to comply with our standards for security and confientiality. We do not permit use of consumer/customer information for any other purpose nor do we permit third parties to rent, sell, trade or otherwise release or disclose information to any other party. File No. 04-0170 DEFINITION OF MARKET VALUE: The most probable price which a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assuming the price is not affected by undue stimulus. Implicit in this definition is the consummation of a sale as of a specified date and the passing of title from seller to buyer under conditions whereby: (1) buyer and seller are typically motivated; (2) both parti'es are well informed or well advised, and each acting in what he considers his own best interest; (3) a reasonable time is allowed for exposure in the open market; (4) payment is made in terms of cash in U.S. dollars or in terms of financial arrangements comparable thereto; and (5) the price represents the normal consideration for the property sold unaffected by special or creative financing or sales concessions* granted by anyone associated with the sale. 'Adjustments to the comparables must be made for special or creative financing or sales concessions. No adjustments are necessary for those costs which are normally paid by sellers as a result of tradition or law in a market area; these costs are readily identifiable since the seller pays these costs in virtually all sales transactions. Special or creative financing adjustments can be made to the comparable property by comparisons to financing terms offered by a third party institutional lender that is not already involved in the property or transaction. Any adjustment should not be calculated on a mechanical dollar for dollar cost of the financing or concession but the dollar amount of any adjustment should approximate the markers reaction to the t~nancing or concessions based on the Appraiser's judgment. STATEMENT OF LIMITING CONDITIONS AND APPPJ~ISER'S CERTIFICATION CONTINGENT AND LIMITING CONDITIONS: The appraiser's certification that appears in the appraisal report is subject to the following conditions: 1. The appraiser will not be responsible for matters of a legal nature that affect either the property being appraised or the title to it. The appraiser assumes that the title is good and marketable and, therefore, will not render any opinions about the title. The property is appraised on the basis of it being under responsible ownership. 2. The appraiser has provided a sketch in the appraisal report to show approximate dimensions of the improvements and the sketch is included only to assist the reader of the report in visualizing the property and understanding the appraiser's determination of its size. 3. The appraiser has examined the available flood maps that are provided by the Federal Emergency Management Agency (or other data sources) and has noted in the appraisal report whether the Subject site is located in an identified Special Flood Hazard Area. Because the appraiser is not a surveyor, he or she makes no guarantees, express or implied, regarding this determination. 4. The appraiser will not give testimony or appear in court because he or she made an appraisal of the property in question, unless specific arrangements to do so have been made beforehand. 5. The appraiser has estimated the value of the land in the cost approach at its highest and best use and the improvements at their contributory value. These separate valuations of the land and improvements must not be used in conjunction with any other appraisal and are invalid if they are so used. 6. The appraiser has noted in the appraisal report any adverse conditions (such as, needed repairs, depreciation, the presence of hazardous wastes, toxic substances, etc.) observed during the inspection of the subject property or that he or she became aware of during the normal research involved in performing the appraisal. Unless otherwise s~ated in the appraisal report, the appraiser has no knowledge of any hidden or unapparent conditions of the property or adverse environmental conditions (including the presence of hazardous wastes, toxic substances, etc. ) that would make the property more or less valuable, and has assumed that there are no such conditions and makes no guarantees or warranties, express or implied, regarding the condition of the property. The appraiser will not be responsible for any such conditions that do exist or for any engineering or testing that might be required to discover whether Such conditions exist. Because the appraiser is not an expert in the field of environmental hazards, the appraisal report must not be considered as an environmental assessment of the property. 7. The appraiser obtained the information, estimates, and opinions that were expressed in the appraisal report from sources that he or she considers to be reliable and believes them to be true and correct. The appraiser does not assume responsibility for the accuracy of such items that were furnished by other parties. 8. The appraiser will not disclose the contents of the appraisal report except as provided for in the Uniform Standards of Professional Appraisal Practice. 9. The appraiser has based his or her appraisal report and valuation conclusion for an appraisal that is subject to satisfactory completion, repairs, or alterations on the assumption that completion, of the improvements will be performed in a workmanlike manner. 10. The appraiser must provide his or her prior written consent before the lender/client specified in the appraisal report can distribute the appraisal report (including conclusions about the property value, the appraiser's identity and professional designations, and references to any professional appraisal organizations or the firm with which the appraiser is associated ) to anyone other than the borrower; the mortgagee or its successors and assigns; the mortgage insurer; consultants; professional appraisal organizations; any state or federally approved financial institution; or any department, agency, or instrumentality of the United States or any state or the District of Columbia; except that the lender/client may distribute the property description section of the report only to data collection or reporting service(s) 'without having to obtain the appraiser's prior written consent. The appraiser's written consent and approval must also be obtained before the appraisal can be conveyed by anyone to the public through advertising, public relations, news, sales, or other media. Freddie Mac Form 439 6-93 Page 1 of 2 Fannie Mae Form 1004B 6-93 File No. 04-0170 APPRAISERS CERTIFICATION: The Appraiser certifies and agrees that: 1. I have researched the subject market area and have selected a minimum of three recent sales of properties most similar and proximate to the subject property for consideration in the sales comparison analysis and have made a dollar adjustment when appropriate to reflect the market reaction to those items of significant variation. If a significant item in a comparable property is superior to, or more favorable than, the subject property, I have made a negative adjustment to reduce the adjusted sales price of the comparable and, ifa significant item in a comparable property is inferior to, or less favorable than the subject property I have made a positive adjustment to increase the adjusted sales price of the comparable. ' 2. I have taken into consideration the factors that have an impact on value in my development of the estimate of market value in the appraisal report. I have not knowingly withheld any significant information from the appraisal report and I believe, to the best of my knowledge, that all statements and information in the appraisal report are true and correct. 3. I stated in the appraisal report only my own personal, unbiased, and professional analysis, opinions, and conclusions, which are subject only to the contingent and limiting conditions specified in this form. 4. I have no present or prospective interest in the property that is the subject to this report, and I'have no present or prospective personal interest or bias with respect to the participants in the transaction. I did not base, either partially or completely, my analysis and/or the estimate of market value in the appraisal report on the race, color, religion, sex, handicap, familial status, or national origin of either the prospective owners or occupants of the subject property or of the present owners or occupants of the properties in the vicinity of the subject property. 5. I have no present or contemplated future interest in the subject property, and neither my current or future employment nor my compensation for performing this appraisal is contingent on the appraised yalue of the property. 6. I was not required to report a predetermined value or direction in value that favors the cause of the client or any related party, the amount of the value estimate, the attainment of a specific result, or the occurrence of a subsequent event in order to receive my compensation and/or employment for performing the appraisal. I did not base the appraisal report on a requested minimum valuation, a specific valuation, or the need to approve a specific mortgage loan. 7. I performed this appraisal in conformity with the Uniform Standards of Professional Appraisal Practice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place as of the effective date of this appraisal, with the exception of the departure provision of those Standards, which does not apply. I acknowledge that an estimate of a reasonable time for exposure in the open market is a condition in the definition of market value and the estimate I developed is consistent with the marketing time noted in the neighborhood section of this report, unless I have otherwise stated in the reconciliation section. 8. I have personally inspected the interior and exterior areas of the subject property and the exterior of all properties listed as comparables in the appraisal report. I further certify that I have noted any apparent or known adverse conditions in the subject improvements, on the subject site, or on any site within the immediate vicinity of the subject property of which I am aware and have made adjustments for these adverse conditions in my analysis of the property valu~ to the extent that I had market evidence to support them. I have also commented about the effect of the adverse conditions on the marketability of the subject property. 9. I personally prepared all conclusions and opinions about the real estate that were set forth in the appraisal report. If I relied on significant professional assistance from any individual or individuals in the performance of the appraisal or the preparation of the appraisal report, I have named such individual(s) and disclosed the specific tasks performed by them in the reconciliation section of this appraisal report. I certify that any individual so named is qualified to perform the tasks. I have not authorized anyone to make a change to any item in the report; therefore, if an unauthorized change is made to the appraisal report, I will take no responsibility for it. SUPERVISORY APPRAISER'S CERTIFICATION: If a supervisory appraiser signed the appraisal report, he or she certifies and agrees that: I directly supervise the appraiser who prepared the appraisal report, have reviewed the appraisal report, agree with the statements and conclusions of the appraiser, agree to be bound by the appraiser's certifications numbered 4 through 7 above, and am taking full responsibility for the appraisal and the appraisal report. ADDRESS OF PROPERTY APPRAISED: APPRAISER: 419 Pet___ersb~17013 Signature: ....... '-'~ ' Name: ~ Start A. Skowr_onek Date Signed: 0__4/__q01/__2004 State Certification #: R_.L-__0_01__572.L or State License #: State: PA Expiration Date of Certification or License: June 30 2005 Certified Residential Appraiser Freddie Mac Form 439 6-93 SUPERVISORY APPRAISER (only if required) Signaiure: ..._~) .~.. '--¢ __.,, Name: Steven W. Barrett SRPA SRA Date Signed: 04/01/___~2004 State Certification#: GA-000298-L or State License #: RB~026921-A State: PA Expiration Date of Certification or License: June 30 2005 ~ Did ~ Did Not Inspect Property Certified General Appraiser Page 2 of. 2 Fannie Mae Form 1004B 6-93 OWNER . L."~,. Address FINAL SETTLEMENT Date Date of Sale Auctioneer Other Sale Location Clerk Cashier PROCEEDS OF SALE: Cash Checks ............................................ Other Miscellaneous (see attached list) ............................................ LESS SELLER'S SALE EXPENSE: Auctioneer's Fee ~: ~ ) Other Seller's Expenses Advanced by Auctioneer: Miscellaneous (see attached list) .............................................. DEDUCT TOTAL SELLER'S SALE EXPENSE ............................... $ _. ~ TOTAL NET PROCEEDS TO SELLER ............................... $ ~/~ ,~p~ , I, (or we), the seller of goods, merchandise, and/or property sold at public auction on above date and location, acknowl~lge and accept this settlement of proceeds of sale. I (or we) agree to accept all responsibility for providing merchantable title to all goods, merchandise, and/or property sold, and for delivery of title to the purchaser. /.?(Date) '-" ~~J (Seller's Signature) ~/ Auctioneer or Cashier s Signature (Seller's Signature) Form No. FS Reorder from: MISSOURI AUCTION SCHOOL Phone 1-800-835-1955 ,,.,:z .- ' t) STO BANI( TO: Law Offices Irwin & McKnight 60 Vvest Pomfret Street Carlisle, PA 17013 2004 & McKNIfiHT FROM: ORRSTOVVN BANK P.O. BOX 25O SHIPPENSBURG PA 17257-0250 RE: ESTATE OF Wilbur S Houston DATE OF DEATH: March 11, 2004 DECEASED IT IS HEREBY CERTIFIED THAT THE ABOVE NAMED DECEDENT HAD, ON THE ABOVE DATE, THE FOLLOWING ACCOUNTS WITH ORRSTOWN BANK: CHECKING ACCOUNTS ACCOUNT NO. TITLE OF ACCOUNT SAVINGS ACCOUNT ACCOUNT NO. TITLE OF ACCOUNT DATE OPENED DATE OPENED DATE OF DEATH PRINCIPLE & ACCRUEDINTEREST DATE OF DEATH PRINCIPLE & ACCRUEDiNTEREST (3) CERTIFICATES OF DEPOSIT ACCOUNT NO. TITLE OF ACCOUNT DATE OPENED 4000002285 Wilbur S Houston 9/29/03 3/25/04 By Timothea Customer Service Operator DATE OF DEATH PRINCIPLE & ACCRUED INTEREST 45,188.75 16.09 P.o. BOX 250 SHIPPENSBURG, PA 17257 TEL. (717) 532-6114 3/23/2004 IRWIN & MCKNIGHT 60 W POMFRET ST CARLISLE PA 17013-3222 LOOK FOR US. WE'LL GET YOU THERE. The information which you requested on the account(s) of WILBUR S HOUSTON (Social Security Number 174-05-3260) is/are as follows: Account Number 100096544 4100012369 Class of Account CHECKING CHECKING Date Opened 112000 112000 Principal Balance 24956.81 47912.68 Accrued Interest .10 4.76 Balance at Date of 24956.91 47917.44 Death Account Ownership SOLE SOLE Name of Joint Owner, if any Date Ownership 112000 112000 Was Established Account Number Class of Account Date Opened Principal Balance Accrued Interest Balance at Date of Death Account Ownership Name of Joint Owner, if any Date Ownership Was Established Additional Information Requested Sincerely, ERIN WATTS SENIOR SERVICES REP. RO. Box 171 I, HARRISBURG, PENNSYLVANIA 1710S-1711 Toll Fr~ I-SGG-WAYPOINT (I-SG6-EtE~EI-764G) · IN YORK AREA 717/815-4500 · vvww. wagpointbank.com COMMONWEALTH OF PENNSYLVANIA COUNTY OF CUMBERLAND James 0. Houston being duly sworn according fo law, deposes and says that he is the Executor of the Estate of Wilbur S. Houston late of S_o.u__t...h~_Mi_ddle_t_on. Township , Cumberland County, Pa., deceased and that the wlfhin is an inventory made by James O. Houston , the said of the entire estate of said decedent, consisflng of all the personal property and real estate, except real estate outside the Commonwealth of Pennsylvania, and that the figures opposlfe each item of the Inventory represent it's fair value as of the date of decedent's death. Sworn and subscribed before me, this 28th day of May, 2004 Roger B. Irwin, Notary Public /..M/~varlisle Boro, Cumt~rland County Commission Expires Oct. 3, 2004 Mern~er, Pennsylvania Association of Notaries Date of Death Executor 411 Petersburg Road, Carlisle, PA 17013 Address 11 03 2004 Day Month Year INSTRUCTIONS I. An inventory must be filed within three months after appointment of personal representative. 2. A supplement inventory must be filed within thirty days of discovery of additional assets. 3. Additional sheets may be attached as to personalty or realty 4. See Article IV, Fiduciaries Act of 1949. , Inventory of the real and personal estate of Wilbur 5. Houston deceased 419 Petersburg Road, Carlisle, PA - Appraisal ................. Orrstovn Bank - Certificate of Deposit 4000002285 ............... Waypoint Bank - Checking Account 4100012369 .................. Waypoint Bank - Checking Account 100096544 ................... Personal Property - - Sold at Public Auction .................. TOTAL ................... 122 45 47 24 12 253 000.00 204.84 917.44 956.91 973.75 052.94 BUREAU OF ZNDTV/DUAL TAXES TNHERTTANCE TAX DTVTSTON DEPT. 280601 HARRTSBURG, PA 17128-0601 ROGER B IRWIN 60 W POMFRET ST CARLISLE PA 17013 COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLONANCE OR DZSALLO#ANCE OF DEDUCTIONS AND ASSESSMENT OF TAX DATE 07-19-200q ESTATE OF HOUSTON DATE OF DEATH 03-11-200q FILE NUMBER 21 0q-0377 COUNTY CUMBERLAND ACN 101 Amount REV-ISq7 EX AFP (01-05) WILBUR S 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-1547 EX AFP (01-03) NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX ESTATE OF HOUSTON WILBUR S FILE NO. 21 0q-0377 ACN 101 DATE 07-19-200q TAX RETURN NAS: (X) ACCEPTED AS FILED ( ) CHANGED RESERVATION CONCERNING FUTURE ZNTEREST- SEE REVERSE APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. Real Estate (Schedule A) (1) 2. Stocks and Bonds (Schedule B) (2) 3. Closely Held Stock~Partnership Interest (Schedule C) ($) q. Mortgages/Notes Receivable (Schedule D) (q) 5. Cash/Bank Deposits/Misc. Personal Property (Schedule E) (5) 6. Jointly Owned Property (Schedule F) (6) 7. Transfers (Schedule G) (7) 8. Total Assets APPROVED DEDUCTIONS AND EXEMPTIONS: 9. Funeral Expenses/Ada. Costs/Misc. Expenses (Schedule H) (9) 10. Debts/Mortgage Liabilitles/Liens (Schedule 1) (10) 11. Total Deductions 12. Net Value of Tax Return 122/000.00 .00 .00 NOTE: To insure proper credit to your account, submit the upper portion 151/052.9~ .00 .00 of this fore wLth your tax pay.ant. 75/696.7q (a) 328,7q9.68 29,229.00 1~391.70 (11) 30.620.70 (12) 298,128.98 15. Charitable~Governmental Bequests; Non-elected 9115 Trusts (Schedule J) (15) . O0 lq. Nat Value of Estate Subject to Tax (lq) 298,128.98 NOTE: Zf an assessment was issued previously, lines 14, 15 and/or 16, 17, 18 and 19 ~ill reflect figures that include the total of ALL returns a~ed tp date.~ ASSESSMENT OF TAX: = ~' ~ ~ 1;. Amoun~ of Line lq a~ Spousal ra~e (1;) ~ ~ X ~D ~ = ~ ~ · 16. Amoun~ of L/ne lq ~axable a~ Lineal/Class A ra~e (16) 298,12~ X ~ '?~ ~:3'5 = ~?~ ,q15.80 ~ ;; ~ ~ · 17. Amoun~ of Line lq a~ Sibling ra~e (17) ~ up X = ~L O0 18. Amount of Line lq taxable at Collateral/Class B rate 19. Princi)al Tax Due TAX CREDITS PAYMENT RECEIPT DISCOUNT BATE NUMBER INTEREST/PEN PAID (-) 06-01-200q CD003992 670.79 TOTAL TAX CREDIT BALANCE OF TAX DUE ZNTEREST AND PEN. TOTAL DUE lq,086.59 670.79CR .00 670.79CR ZF PAZD AFTER DATE ZNDZCATED~ SEE REVERSE FOR CALCULATION OF ADDITIONAL /NTEREST. ( ZF TOTAL DUE IS LESS THAN $1, NO PAYMENT ZS REQUIRED. ZF TOTAL DUE ZS REFLECTED AS A 'CREDIT' (CR), YOU MAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.) RESERVATION: Estates of decedents dying on or before December 12, 198Z -- if any future interest in the estate is transferred Jn possession or enjoyment to Class D (collateral) beneficiaries of the decedent after the expiration of any estate for life or for years, the Commonwealth hereby expressly reserves the right to appraise and assess transfer Inheritance Taxes at the lawfuZ Class B (collateral) rate on any such future interest. PURPOSE OF NOTICE: PAYHENT: REFUND (CR): OBJECTIONS: ADNIN- ISTRATIVE CORRECTIONS: DISCOUNT: PENALTY: INTEREST: To Rilfill the requirements of Section Il40 of the Inheritance and Estate Tax Act, Act Z$ of ZOO0. (72 P.S. Section 9140). Detach the top portion of this Notice and submit with your payment to the Register of Hills printed on the reverse side. --Hake check or money order payable to: REGISTER OF HILLS, AGENT A refund of a tax credit, mhich was not requested on the Tax Return, may be requested by completing an "Application for Refund of Pennsylvania Inheritance and Estate Tax" (REV-1313). Applications ara available at the Office of the Register of Hills, any of the 23 Revenue District Offices, or by calling the special Z4-hour answering service for forms ordering: 1-800-36Z-ZO50; services for taxpayers with special hearing and / or speaking needs: 1-800-447-30Z0 (TT only). Any party in interest not satisfied with the appraisement, allaaance, or disallowance of deductions, or assessment of tax (including discount or interest) as sheen on this Notice must object within sixty (60) days of receipt of this Notice by: --written protest to the PA Department of Revenue, Board of Appeals, Dept. Z810Z1, Harrisburg, PA 171Ze-lOZ1, OR --election to have the matter determined at audit of the account of the personal representative, OR --appeal to the Orphans' Court. Factual errors discovered on this assessment should be addressed in writing to: PA Department of Revenue, Dureau of Individual Taxas~ ATTH: Post Assessment Review Unit, Dept. 280601, Harrisburg, PA 171Z8-0601 Phone (717) 787-6505. See page 5 of the booklet "Instructions for Inheritance Tax Return for a Resident' Decedent" (REV-ISO1) for an explanation of administratively correctable errors. If any tax due is paid within three (3) calendar months after the decadent'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 and of the tax amnesty period. This non-participation penalty is appealable in the sase manner and in the the same time period as you would appeal tho tax and interest that has been assessed as indicated on this notice. 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 1, 198Z bear interest at the rate of six (SI) percent par annum calculated at a daily rate of .000164. All taxes which became delinquent on and after January l, 198Z 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 ZOO4 are: Interest Daily Interest Daily Interest Year Rate Factor Year Rate Factor Year 198Z 20Z .000548 ~J~'8-1991 IIX .000501 ~ 1983 16X .000438 1992 9Z .000Z47 ZOOZ 1984 llZ .000301 1993-1994 7Z .000192 2003 1985 13X .000556 1995-1998 9Z .000Z47 2004 1986 lOX .000274 1999 7Z .O0019Z 1987 IOZ .000Z74 ZOO0 7Z .O0019Z --Interest is calculated as follows: Daily Rate Factor 9Z o000Z47 6Z .000164 5Z .000137 4Z .O001ZO INTEREST = BALANCE OF TAX UNPAID X NUHBER OF DAYS DELINQUENT X DALLY INTEREST FACTOR --Any Notice issued after the tax becomes delinquent will reflect an interest calculation to fifteen (15) days beyond the date of the assessment. If payment is made after the interest computation date shown on the Notice, additional interest suet bm calculated. STATUS REPORT UNDER RULE 6.12 Name of Decedent: Date of Death: No. 21-04-00377 WILBUR S. HOUSTON MARCH 11, 2004 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: X Yes __ 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 X No b. The separate Orphans' Court No. (if any) for the personal representative's account is: c. Did the personal representative state an account informally to the parties in interest? X Yes No do Date: 08/27/2004 Copies of receipts, releases, joinders and approvals of formal or informal accounts may be filed with the Clerk of Orphan's Court and may be attached to this report. Signature IRWIN & Mc'gcNIGHT Roger B. Irwin, Esquire Name (please type or print) 60 West Pomfret Street Address Carlisle, PA 17013 City, State, Zip (717) 249-2353 Telephone Number Capacity: X Personal Representative Counsel for Personal Representative BUREAU OF ZNDZVTDUAL TAXES TNHERZTANCE TAX DTVTSTON DEPT. 280601 HARRTSBURG,, PA 17128-0601 ROGER B IRWIN 60 W POMFRET ST CARLISLE COMMONWEALTH OF PENNSYLVAN'rA DEPARTMENT OF REVENUE 'I'NHERZTANCE TAX STATEHENT OF ACCOUNT '04 SEP 15 /t8:2~1 DATE ESTATE OF DATE OF DEATH FILE NUMBER COUNTY ACN 08-16-Z004 HOUSTON 05-11-Z00~ 21 04-0577 CUMBERLAND 101 Amoun~ Remi~ed WILBUR MAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF WTLLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17015 NOTE: To insure proper credi~ ~o your account, submit: ~he upper portion of ~his form wi~h your ~ax payl. en~:. CUT ALONG TH'rS LINE ~ RETA'rN LO~/ER PORT'rON FOR YOUR RECORDS ~ REV-1607 EX AFP (01-03) .-~ INHERITANCE TAX STATEMENT OF ACCOUNT ~.. ESTATE OF HOUSTON NILBUR S FILE NO. 21 04-0377 ACN 101 DATE 08-16-2004 THIS STATEMENT ZS PROVIDED TO ADVISE OF THE CURRENT STATUS OF THE STATED ACN ZN THE NAMED ESTATE. SHONN BELOW ZSA SUMMARY OF THE PRINCIPAL TAX DUE, APPLICATION OF ALL PAYHENTS, THE CURRENT BALANCE, AND, ZF APPLICABLE, A PROdECTED INTEREST FIGURE. DATE OF LAST ASSESSMENT OR RECORD ADJUSTMENT: 07-12-200q PR[NC[PAL TAX DUE: PAYMENTS (TAX CREDITS): 15,415.80 PAYMENT DATE 06-01-Z004 07-26-2004 RECEIPT NUMBER CD005992 REFUND DISCOUNT ¢+) INTEREST/PEN PAID C-) 670.79 .00 AMOUNT PAID 13,415.80 670.79- IF PAID AFTER THIS DATE, SEE REVERSE SIDE FOR CALCULATION OF ADDITIONAL INTEREST. ( IF TOTAL DUE IS LESS THAN $1, NO PAYMENT IS REQUIRED. ZF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR), YOU HAY BE DUE A REFUND. SEE REVERSE S/DE OF THIS FORH FOR INSTRUCTIONS. TOTAL TAX CREDIT 15,415.80 BALANCE OF TAX DUE .00 INTEREST AND PEN. .00 TOTAL DUE .00