HomeMy WebLinkAbout03-0744BUREAU OF ZNDTVZDUAL TAXES
TNHERTTAHCE TAX DXVZSION
DEPT. 280601
HARRISBURG, PA 171Z8-0601
STANLEY A SHITH ESQ
RHOADS & SINON
PO BOX 11q6
HBG PA 17108
COHHON#EALTH OF PENNSYLVANTA DEPARTHENT OF REVENUE
NOTICE OF DETERHZNATZON AND
ASSESSNENT OF PENNSYLVANIA
ESTATE TAX BASED ON FEDERAL
CLOSING LETTER
DATE
ESTATE OF
DATE OF DEATH
FILE NUHBER
COUNTY
ACN
Aeoun~ Remi~ed
07-26-Z00~
CRAUHER
08-ZZ-Z00$
21 05-07~
CUHBERLAND
ZOZ
RE¥-73& £X AFP (01-~)
NATALIE D
HAKE CHECK PAYABLE AND RENZT PAYHENT TO:
REGISTER OF WILLS
CUHBERLAND CO COURT HOUSE
CARLISLE, PA 17015
NOTE: To insure proper crmd/~ ~o your account, subei~ ~he upper portion of ~his form wi~h your ~ex payment.
CUT ALONG THIS LTNE ~ RETAIN LONER PORT/ON FOR YOUR FTLES ~
REV-736 EX AFP (01-02) ~ NOTICE OF DETERHZNATZON AND ASSESSHENT
OF PENNSYLVANIA ESTATE TAX BASED ON FEDERAL CLOSING LETTER ~
ESTATE OF CRAUHER NATALIE D FILE N0.21 05-07~ ACN 202 DATE 07-26-200q
ESTATE TAX DETERHZNATZON
1. Credit For State Death Taxes as Verified .00
2. Pennsylvania Inheritance Tax Assessed
(Excluding Discount and/or Interest)
26,009.05
.00
Inheritance Tax Assessed by Other States
or Territories of the Un/ted States
(Excluding Discount and/or Interest)
q. Total Inheritance Tax Assessed
26~009.05
TAX CREDITS:
Pennsylvania Estate Tax Due
Aaount of Pennsylvania Estate Tax PreviousZy Assessed
Based on Federa! Estate Tax Return
Additiona! PennsyZvania Estate Tax Due
PAYHENT RECEIPT DISCOUNT (+) AHOUNT ~[~D ~
DATE NUNBER INTEREST/PEN PAID (-)
.00
TOTAL TAX CREDZT
BALANCE OF TAX DUEI
INTEREST AND PEN.
TOTAL DUE
~ZF PAID AFTER THIS DATE~ SEE REVERSE S/DE (ZF TOTAL DUE 1S LESS THAN $1, NO PAYHENT [S RE~U~RED
FOR CALCULATION OF ADD/T/ONAL INTEREST. ZF TOTAL DUE 1S REFLECTED AS A 'CRED[T' (CR)~ YOU HAY BE
DUE A REFUND. SEE REVERSE S/DE OF TH[S FORH FOR INSTRUCTIONS.)
.00
.00
.00
.00
PURPOSE OF
NOTICE:
PAYMENT:
To fulfill the requirements of Section 21~0 of tho Inheritance and Estate Tax Act, Act Z$ of 2000. (71 P.S.
Sectlon 91~0).
Detach the top portion of this Notice and submit aith your payment to the Register of Hills printed on the
reverse side.
-- Hake check or money order payable to: REGISTER OF #ZLLS~ AGENT.
REFUND (CR):
OBJECTIONS:
ADHIN-
ZSTRATIVE
CORRECTIONS:
PENALTY:
INTEREST:
A refund of a tax credit amy be requested by completing an "Application for Refund of Pennsylvania
Inheritance and Estate Tax" (REV-1513). Applications are available at ~he Office of the Register of Nills,
any of the 15 Revenue District Offices or from the Department's Iq-hour answering service for forms ordering:
1-800-36Z-2050; services for taxpayers with special hearing and/or speaking needs: 1-800-~7-5010 (TT only).
Any party in interest not satisfied with the assesseent of tax as shown on this notice may object within
sixty (60) days of receipt of this Notice by:
--written protest to the PA Department of Revenue, Board of Appeals, Dept. 181011, Harrisburg, PA 17118-1011,
--electing to have tho matter determined at audit of the persoflal representative, OR
--appeal to the Orphans' Court
OR
Factual errors discovered on this assessment should be addressed in writing to: PA Department of Revenue,
Bureau of Individual Taxes, ATTN: Post Assessment Review Unit, Dept. 180601, Harrisburg, PA 17118-0601,
Phone (717) 787-6505. See page 5 of the booklet "Instructions for Inheritance Tax Return for a Resident
Decedent" (REV-IS01) for an explanation of administratively correctable errors.
The 151 tax amnesty non-participation penalty is computed on the total of the tax and interest assessed, and not
paid before January 18, 1996, the first day after the end of the tax amnesty period. This non-participation
penalty is appealable in the same manner and in the the same tiaa period as you would appeal the tax and interest
that has been assessed as indicated on this notice.
Additional Pennsylvania Estate Tax assessed as a result of a change on the Federal Estate Tax closing
letter becomes delinquent at the expiration of one (1) month from the date the final notice of the increase
in Federal Estate Tax is received.
Taxes which became delinquent before January 1, 1981 bear interest at the rate of six (61) percent per annum
calculated at a daily rate of .00016fi. All taxes which became delinquent on or after January 1, 1981 aiil bear
interest at a rate which ail1 vary frei calendar year to calendar year aith that rate announced by the PA
Department of Revenue. The applicable interest rates for 1981 through Z004 are:
Interest Dally Interest Daily Interest Daily
Year Rate Factor Yea___r Rate Factor Yaa__r Rate Factor
1982 201 .0005~8 1988-1991 11X .000301 2001 91 ,0002~7
1983 161 .D00~38 1992 9X .0001~7 ZOOZ 61 .00016~
198~ 112 .000301 1993-199~ 71 .000191 Z003 52 .000157
1985 lSX .000556 1995-1998 91 .0001~7 ZO0~ ~Z .000110
1986 101 .00027~ 1999 ?Z .000191
1967 91 .0002~7 ZOO0 81 .000219
--Interest is calculated as folloas:
I'NTEREST = BALANCE OF TAX UNPATD X NUHBER OF DAYS DELTNQUENT X DAZLY /NTEREST FACTOR
--Any Notice issued after the tax becomes delinquent will reflect an interest calculation to fifteen (15) days
beyond the date af the assesseent. If payeent is made after the interest computation data shown on the
Notice, additional interest must be calculated.
September 9, 2003
Page 2
RHOAD~ ~t ~'ON LLP
We have also enclosed an extra copy of the Petition for Probate, the Oath of Subscribing
Witness and Estate Information Sheet, that we ask that you time stamp and return to us.
If you have any questions or comments regarding the enclosed filing, please
contact the undersigned.
Very truly yours,
Enclosures
cc: Robert C. Craumer, Executor
Stanley A. Smith, Esquire
RHOADS & SINON LLP
rly A.
Legal Assistant
Estate of
also known as
Register of Wills of Cumberland County, Pennsylvania
PETITION FOR GRANT OF LETTERS
Natalie D. Craumer No. ~/-O~' '~'~'¢~
, Deceased Social Security No.
Robert C. Craumer
577-34-5078
(COMPLETE "A" OR "B" BELOW:)
A. Probate and Grant of Letters and aver that Petitioner is the executor named in the Last Will of the
[~ Decedent, dated Apd116, 2002 and codicil(s) dated NONE
State relevant circumstances, e.g., mnunciatim3, death of executor, etc.
Except as follows, Decedent did not marry, was not divorced, and did not have a child born or adopted after execution of the documents offered for probate;
was not the victim of a killing and was never adjudicated incompetent:
B. Grant of Letters of Administration
(d.b.n.c.t.a.: pendente lite; durante absenfla; durante milm~ltate)
Petitioner(s) after a proper search has/have ascertained that Decedent left no Will and was survived by the following spouse (if any) and
heirs:
Name Relationship Residence I
(COMPLy- I ~- IN ALL CASES:) Attach additional sheets if necessary.
Decedent was domiciled at death in Cumberland County, Pennsylvania, with her last family or principal residence at
502 Brid.qeview Drive, Lemoyne, Lemoyne Borough, PA 17043
(list street, number and municipality)
Decedent, then 75 years of age, died August 22 , 2003, at Holy Spirit Hospital, Cumberland County, Pennsylvania
(Location)
Decedent at death owned property with estimated values as follows:
(If domiciled in PA) All personal property ........................................................................................... $ 775,000.00
(If not domiciled in PA) Personal property in Pennsylvania ..................................................................... $.
(If not domiciled in PA) Personal property in County ............................................................................... $.
Value of real estate in Pennsylvania ............................................................................................................................ $
Total ................................................................................................................... $ 775,000.00
Real Estate situated as follows:
Wherefore, Petitioner respectfully requests the probate of the last Will presented with this Petition and the grant of letters in the appropriate form to the
undersigned:
Signature Typed or printed name and residence
Robert C. Craumer
502 Bddgeview Drive
Lemoyne, PA 17043
Form RW-1 Page 1 of 2 (Dauphin County) - Rev. g/g2
486261.1
17-/~,~_ / ..~.
Oath of Personal Representative
Commonwealth of Pennsylvania
County of
The Petitioner above-named swears and affirms that the statements in the foregoing Petition are true and correct to
the best of the knowledge and belief of Petitioner and that, as personal representative of the Decedent, Petitioner will well and
truly administer the estate according to law.
Sworn to and affirmed and subscribed
before me this O~,.U~ day of
2003
V/Rob~rt~~/3C. Craume~
Estate of ~',/~T [1 ii ~ i[i')
Social Secudty No: L~"~7,J'~,~-~,7(? Date of Death:
AND NOW,
,. ~ ~:-~ r~/:~, ~. ~-_, ,20 O ~ , in consideration of the Petition on the
reverse side hereon, satisfactory proof having been presented before me,
IT IS DECREED that Letters [] Testamentary [] of Administration
' i~' d.b.n.c.t.; pendente lite; durante absentia; durante minodtate
are hereby granted to
in the above estate and that the instrument(s) dated
described in the Petition be admitted to probate and filed of record as the last Will of Decedent.
FEES
Letters ........................... $ ~'J"/~L-'c:~:
Short Certificate(s) .......... $
Renunciation .................. $
Affidavit ( ) ................. $
Extra Pages ( ) ............ $
Codicil ..........................$
JCP Fee ........................ $
Inventory ....................... $
Other ............................$
TOTAL ................ $ ~/0_... ~ ~- ~
Fora1 RW-1 Page 2 of 2 (Dauphin County) - Rev. 9/92
Register of Will~
Attorney: Stanley A. Smith
I.D. No: 33782
Address: Rhoads & Sinon LLP, PO Box 1146
I South Market Square, Harrisburg, PA 17108-1146
Telephone: 717-233-5731
his 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 Ofrice for permanent filing.
WARNING: It is illegal to duplicate this copy by photostat or photograph.
Local Registrar'~''~''''~/'
P 5 0 6 5 0 5 6 003
No. Date
143 Rev. 2~87 COMMONWEALTH OF PENNSYLVANIA · DEPARTMENT OF HEALTH · VITAL RECORDS
CERTIFICATE OF DEATH
STATE FILE NUMBER
NAME OF DECEDENT (First, Middle, Last) ~SEX ~ SOCb~L SECURITY NUMBER
,. Natalie D. Craumer ~emale 1,577 -34 - s078 I,./4 T 2t03
AGE (Last Bbthday) [ UNDER 1 YEAR I UNDER ] p~Y DATE OF BIRTH BIRTHPLACE (City and [PLACE OF DEATH Check qP Y q~e - ~,9~ ps r~ iqf~~ 9n 9 h~r
COUN~ OF D~TH ~ CI~. BoRe. ~P OF D~TH ~ FACILI~ NAME (If ~O[ ins~tut~, give s~l and nu~r) lWA%DECEDENT OF HIS~IC ORIGIN7 ~ ~CE - ~r~n I~ias. Slack. White. et,
I I /~ ~ . No Yes If yes, s~ Cuban, (Sp~,
· . ad I I ~,
DECEDENFS USUAL ~CUPATiON KiND OF BUSINESS I IN~STRY~AS DE'DENT EVER IN DECEDENTS EDUCATION ~ M~IT~ STATUS - Ma~ed I SURVIVING SPOUSE
~e m~ of~ ~.e 4~ m~ I I U.S. ~MED FORCES? I Spem~ o~ fl~es~ gr~e ~m~md) Never M~, W~,
~of~e~n~u.r~ed) J . J Yes~ N ~- J E~mena~e~ ~l~ge ~(Spe~)
DECEDENTS ~ILING ADDRESS (S~eet. C~owm. State. Zip C~e) ~ DECEDENT'S -- Pmnnsvlv~ia
18. MOTHE. R'S NAME (Fgst. Middle, Maiden Surname)
FATHER'S NAME {First, Middle, Last) Ernest Clayton Dann 1Olive Fox Dopp
INFORMANT'S MAILING ADDRESS (Street Cily~rown State, Zip Code)
,~2 Bridgeview Dr. ,Lemo~,'ne~PA17043
1 METHOD OF DISPOSi~N DATE OF DISPOSITION I PLACE OF DISPOSITION- Name of Cemete~, Cremato~, I LOCATION - City/Town State Zip Code
2~a.,"%-- ' o~e~i~)__ I''~'' ~o~ling Green Cemetery ~er Allen Twp, EPA17011
StGII~,~E. OF FUN~J_ ~!CE LICENSEE O
;C,.~,;~.~ items 23a-c o6ly wh~'~ cedifying~
INFORMANT'S NAME (Type~Print)
20a. Robert Craumer
LICENSEE OR PERSON ACTING AS SUCH LICENSE NUMBER NAME AND ADDRESS OF FACIUTY
,rig' [ To ~e ~st et my ~owl~e dea~cu~ed a he me, da e a~ p ace s a ~. LICENSE NUMBER DATE SIGNED
phy~an m ~[ availe~e at ~e of dea~ to I (S~nature and Title)
ce.l~ .... ~ des.. 123;' ' I I(M°nlh' Day' Year)
Items 24-26 must ~ ~ by I TIME OF D~TH. _- [ DATE PRONOUNCED D~D (~n~ Day Year) I WAS CASE REFERRED TO A MEDICAL E~MINER ICOR~ER?
CAUSE (Disea~ ~ inju~ c.
re~llmg ~ death ) LASTd. "
WAS AN AUT~SY ~ WERE AUTOPSY FINDINGS ~ MANNER OF D~TH I DATE OF INJURY [ TIME OF INJURY INJURY AT WORK? I DESCR BE HOW N JURY OCCURRED
~ I ~ I ~ I PLACE OF INJURY - At home, farm. 5~t, factor, office LOCATION (Street, Ci~o~tata)
CERTIFIER (Che~ only one) SIGNATURE AND TITLE OF CE~//
not resulting ~, the undedy?g cause given m PART I.
'PRONOUNCING AND CERTIFYING PHYSICIAN (Physician bolh i~or~xmcing death arid celtityl~§ 4o cause of death)
To Ute basil of my k;~owledge, death Occurred al the time. date, and place, and due t~ U~e causes(s) and man.er as stated ...................... []
'MEDICAL EXAMINERJCORONER
On the basil o~ exam[nation an~/o~ Investigation, in my opinion, death occurred at the time, date, and place, and due to the causes{s) and
mamler ae stated ............................................................................................................................................................ []
,,."' "T R"" NATU.EA.D.UMBER lq 15'%/ ,/I
LICENSE NUMBER DATE SIGNED (MeSh. Day, Year
3,c. /'q~'.','f'"'.' ~-~ 3,, ./~.,z.~., 2.:~, ~,.~
NAME AND ADDRESS OF PERSON WHO OMPLETED C~U F D~TH
32. t- '~-/ ~"11 ~'*:/}~/
LAST WILL AND TESTAMENT
OF
NATALIE D. CRAUMER
I, NATALIE D. CRAUMER, of Lower Allen Township,
Cumberland County, Pennsylvania, being of sound and disposing mind
and memory, do make, publish and declare this to be my Last Will
and Testament, hereby revoking all Wills and Codicils by me at any
time previously made.
I am married to Robert C. Craumer (hereinafter referred
to as "My Spouse") and the children born of our marriage are
Pamela C. Johnson, Peter R. Craumer and Patricia A. Craumer.
1. TANGIBLE PERSONAL PROPERTY. I give and bequeath
all of my household furniture and furnishings, automobiles, other
motor vehicles, books, pictures, jewelry, china, crystal,
appliances, silverware, wearing apparel, articles of household or
personal use or adornment, collections, artworks, boats and
recreational equipment and vehicles, together with all policies of
insurance thereon, to My Spouse, if My Spouse survives me. If My
Spouse does not survive me, I give such articles to my children
living at my death in as nearly equal shares as they shall select
under the supervision of my Executor it being my request that my
children be guided by any requests which I may express in any
Page 1 of 14 Pages
425643, I
memorandum left with this Will. Any cost of packing and shipping
said personalty to the beneficiaries, including insurance, shall
be paid by my Executor as a general administration cost. If any
such articles cannot be fairly divided or distributed in kind in
the opinion of my Executor, such articles shall be sold and the
proceeds thereof shall pass as a part of my residuary estate.
2. UNIFIED CREDIT TRUST. I give, devise and bequeath
to my Trustee hereinafter named, IN TRUST NEVERTHELESS, to be
held, administered and disposed of in accordance with this ITEM
for the benefit of My Spouse and my issue (herein referred to as
the "Unified Credit Trust") an amount equal to the sum of the
balance of the dollar amount not taxed in my estate due to the
application to my estate of (i) the applicable credit amount
against federal estate tax permitted under Section 2010 of the
Internal Revenue Code of 1986, as amended, or any subsequent
successor or parallel provision thereto (the "Applicable Credit
Amount"), after deducting therefrom the value, for federal estate
tax purposes, of (a) assets included in my federal gross estate
which pass or have passed other than under the terms of this Will
and which will utilize a portion of the Applicable Credit Amount,
(b) any bequests under the preceding ITEMS of this Will which will
utilize a portion of the Applicable Credit Amount and (c) adjusted
taxable gifts not included in my federal gross estate but included
in the computation of the tentative federal estate tax in my
Page 2 of 14 Pages
estate; and (ii) the state death tax credit allowed for federal
estate tax purposes (but only to the extent its use will not
increase any Death Taxes, other than Pennsylvania Inheritance or
Pennsylvania Estate Taxes, owing by my estate). My Trustee shall
have, hold, manage, invest and reinvest the assets of the Unified
Credit Trust, collect the income and
(a) If My Spouse survives me, beginning at my
death, my Trustee shall pay over the net income of the
Unified Credit Trust to My Spouse during My Spouse's
lifetime, in installments not less frequently than
quarterly. In addition, my Trustee shall pay to My
Spouse such amounts of the principal of such trust as,
in the sole discretion of my Trustee, shall be necessary
for the maintenance, support and medical and nursing
care of My Spouse, taking into consideration any other
means readily available for such purposes. My Spouse
shall have the exclusive and unrestricted right during
My Spouse's lifetime to occupy or otherwise use any
residence held wholly or partially in this Trust and the
Trustee shall, at the request of My Spouse, sell any
interest in any residence held in this Trust and may use
the proceeds for the purchase of another residence for
My Spouse's use or for investment in income producing
property, as My Spouse may direct.
(b) Upon the death of the survivor of My Spouse
and me, my Trustee shall distribute the principal and
any undistributed income of the Unified Credit Trust to
my issue then living, per stirpes; provided, however,
that should any such issue be the issue of a deceased
child of mine and shall not then have attained the age
of twenty-five years, each such issue's share shall be
retained by my Trustee, IN TRUST NEVERTHELESS, each to
be held, administered and disposed of as a separate
trust estate in accordance with ITEM 4 for the benefit
of each such issue (the "Retention Trust").
3. RESIDUE. I give, devise and bequeath all of the
rest, residue and remainder of my property, real, personal and
Page 3 of 14 Pages
mixed, not disposed of in the preceding portions of this Will,
including all property over which I hold a power of appointment
(which powers of appointment I hereby exercise in favor of my
estate), to My Spouse, if My Spouse survives me. If My Spouse
does not survive me, I give and bequeath said residue to my issue
living at my death, per stirpes; provided, however, that should
any such issue be the issue of a deceased child of mine and shall
not then have attained the age of twenty-five years, each such
issue's share shall be retained by my Trustee, IN TRUST
NEVERTHELESS, each to be held, administered and disposed of as a
separate trust estate in accordance with ITEM 4 for the benefit of
each such issue (the "Retention Trust").
4. RETENTION TRUST. My Trustee shall have, hold,
manage, invest and reinvest the assets of the Retention Trust,
collect the income and
(a) Until the beneficiary of the Retention Trust
(the "Beneficiary") shall have attained the age of
twenty-one years, my Trustee shall from time to time pay
to or for the benefit of the Beneficiary such amounts of
the net income and principal of the Retention Trust as,
in the sole discretion of my Trustee, shall be necessary
for the Beneficiary's maintenance, support, medical and
nursing care and education, including college and
graduate education, taking into consideration any other
means readily available for such purposes. At the end
of each year any unexpended income shall be added to the
principal of the Retention Trust.
(b) After the Beneficiary shall have attained the
age of twenty-one years, my Trustee shall thereafter pay
to the Beneficiary the net income derived from the
Retention Trust in installments not less frequently than
Page 4 of 14 Pages
quarterly and such amounts of the principal as, in the
sole discretion of my Trustee, shall be necessary for
the Beneficiary's maintenance, support, medical and
nursing care and education, including college and
graduate education, taking into consideration any other
means readily available for such purposes.
(c) If at the time of the creation of the
Retention Trust the Beneficiary shall have then attained
the age of twenty-five years, or if the Beneficiary
shall thereafter attain that age, the Trustee shall
distribute outright to the Beneficiary the then
remaining principal and any accumulated income of the
Retention Trust.
(d) If a Beneficiary shall die before final
distribution of the assets of the Retention Trust is
made, the then remaining principal and any undistributed
income of the Retention Trust shall be distributed to
the Beneficiary's issue then living, per stirpes; or if
the Beneficiary has no issue then living, then to the
Beneficiary's estate.
5. PERPETUITIES PROVISIONS. Nothing herein is
intended to, nor shall it be construed to, postpone the vesting of
any part of the assets of any separate trust estate hereunder for
more than twenty-one years after the death of the survivor of me,
My Spouse and my issue living at the time of my death. At the
expiration of such period the assets of all the separate trust
estates hereunder shall immediately vest in fee simple absolute in
and be distributed outright to the person or persons then entitled
to receive the income therefrom, whether in my Trustee's
discretion or otherwise.
6. SPENDTHRIFT PROVISION. No interest in income or
principal of my estate or any trust created hereunder shall be
Page 5 of 14 Pages
subject to attachment, levy or seizure by any creditor, spouse,
assignee or trustee or receiver in bankruptcy of any beneficiary
of my estate or of any trust created hereunder prior to the
beneficiary's actual receipt thereof. My Executor or Trustee
shall pay over the net income and the principal to the
beneficiaries herein designated, as their interests may appear,
without regard to any attempted anticipation (except as may be
specifically provided herein), pledging or assignment by any
beneficiary of my estate or of any trust created hereunder and
without regard to any claim thereto or attempted levy, attachment,
seizure or other process against said beneficiary.
7. SURVIVAL PRESUMPTIONS. Any person who shall have
died at the same time as I or under such circumstances that it is
difficult or impossible to determine who shall have died first,
shall be deemed to have predeceased me. Any person other than me
who shall have died at the same time as any then beneficiary of
income of my estate or a trust created hereunder or under such
circumstances that it is difficult or impossible to determine who
shall have died first, shall be deemed to have predeceased such
beneficiary.
8. FIDUCIARY POWERS. In the settlement of my estate
and during the continuance of any trust created hereunder, my
Executor and my Trustee shall possess, among others, the following
Page 6 of 14 Pages
powers, exercisable without prior court approval, but in all cases
to be exercised for the best interests of the beneficiaries:
(a) To retain any investments I may have at my
death so long as my Executor or Trustee may deem it
advisable to my estate or trust so to do, including
securities owned, issued or underwritten by any
corporate Executor or Trustee or any of their
affiliates.
(b) To vary investments, when deemed desirable by
the Trustee, and to invest in every kind of property and
type of investment, including securities owned, issued
or underwritten by any corporate Trustee or any of its
affiliates, or as to which such Trustee or its affiliate
acts as investment advisor, as the Trustee shall deem
wise.
(c) In order to effect a division of the principal
of my estate or trust or for any other purpose,
including any final distribution of my estate or trust,
my Executor or Trustee is authorized to make said
divisions or distributions of the personalty and realty
partly or wholly in kind. If such division or
distribution is made in kind, said assets shall be
divided or distributed at their respective values on the
date or dates of their division or distribution. In
making any division or distribution in kind, my Executor
or Trustee shall divide or distribute said assets in a
manner which will fairly allocate any unrealized
appreciation among the beneficiaries.
(d) To sell either at public or private sale and
upon such terms and conditions as my Executor or Trustee
may deem advantageous to my estate or trust, any or all
real or personal estate or interest therein owned by my
estate or trust severally or in conjunction with other
persons or acquired after my death by my Executor or
Trustee, and to consummate said sale or sales by
sufficient deeds or other instruments to the purchaser
or purchasers, conveying a fee simple title, free and
clear of all trust and without obligation or liability
of the purchaser or purchasers to see to the application
of the purchase money or to make inquiry into the
validity of said sale or sales; also, to make, execute,
acknowledge and deliver any and all deeds, assignments,
Page 7 of 14 Pages
options or other writings which may be necessary or
desirable in carrying out any of the powers conferred
upon my Executor or Trustee in this paragraph or
elsewhere in this Will.
(e) To mortgage real estate and to make leases of
real estate for any term.
(f) To borrow money from any party, including my
Executor or Trustee, to pay indebtedness of mine or of
my estate or trust, expenses of administration, Death
Taxes or other taxes.
(g) To pay all costs, expenses, legally
enforceable debts, funeral expenses and charges in
connection with the administration of my estate or
trust.
(h) To vote any shares of stock which form a part
of my estate or trust and to otherwise exercise all the
powers incident to the ownership of such stock and to
actively manage and operate any incorporated or
unincorporated business, including any joint ventures
and partnerships, and to incorporate any such
unincorporated business, with all the rights and powers
of any owner thereof.
(i) In the discretion of my Executor or Trustee,
to unite with other owners of similar property in
carrying out any plans for the reorganization of any
corporation or company whose securities form a part of
my estate or trust.
(j) To assign to and hold in my estate or trust an
undivided portion of any asset.
(k) To hold investments in the name of a nominee.
(1) To compromise controversies.
(m) To disclaim, in whole or in part, any and all
interests in property owned by me at the time of my
death, including those passing to me by Will, intestacy,
contract, joint ownership, operation of law or
otherwise.
Page 8 of 14 Pages
(n) To divide any trust hereunder into two or more
separate, but identical, trusts. To divide any trust
hereunder which would have a generation skipping
transfer tax inclusion ratio other than one (1) or zero
(0), into two (2) separate trusts which are fractional
shares, known as the "exempt trust" and the "nonexempt
trust". The exempt trust is that fractional share of
the total trust fund that has a generation skipping
transfer tax inclusion ratio of zero (0), and the
nonexempt trust is the remaining fractional share of the
trust, with a generation skipping transfer tax inclusion
ratio of one (1) . The terms and conditions of the
nonexempt trust and the exempt trust will be identical.
Any reference to a trust created under this Will,
without a further specification or limitation, shall be
deemed to refer to both the exempt trust and the
nonexempt trust, in proportionate amounts, where
relevant. The assets of each separate exempt and
nonexempt trust shall be held, administered and invested
as separate trusts, and my Trustee shall maintain
adequate accounting and records for both such trusts.
My Executor shall indicate on the federal estate tax
return filed for my estate that separate trusts will be
created (or funded) and clearly set forth the manner in
which the trust is to be severed and the separate trusts
funded.
(o) To designate one or more persons or a
corporation to act as ancillary fiduciary in any
jurisdiction in which ancillary administration may be
necessary, such ancillary fiduciary to serve without
bond or security and to have all powers, authorities and
discretions conferred hereunder.
(p) To employ and compensate from income or
principal, in the discretion of my Executor or Trustee,
investment and legal counsel, accountants, brokers and
other specialists, and, whenever there shall be no
corporate Executor or Trustee in office, a corporate
custodian, and to delegate to investment counsel
discretion with respect to the investment and
reinvestment of any or all of the assets held hereunder.
9. EXCULPATORY CLAUSES. In the settlement of my
estate:
Page 9 of 14 Pages
(a) My Executor shall not be personally liable for
any loss to my estate or to any beneficiary of my estate
resulting from an election made in good faith to claim a
deduction as an income tax deduction or as an estate tax
deduction.
(b) In valuing property in my gross estate for the
purposes of any Death Tax, my Executor shall not be
personally liable for any loss to my estate or to any
beneficiary of my estate resulting from my Executor's
decision made in good faith to use a particular
valuation date.
10. TAX CLAUSE. All inheritance, estate and similar
taxes becoming due by reason of my death, except any taxes
relating to generation skipping transfers imposed under Chapter 13
of Subtitle B of the Internal Revenue Code, as amended ("Death
Taxes"), whether such Death Taxes shall be payable by my estate or
by any recipient of any property, shall be paid by my Executor out
of the property passing under ITEM 2 of this Will as an expense
and cost of administration of my estate. My Executor shall have
no duty or obligation to obtain reimbursement for any Death Taxes
paid by my Executor, even though paid with respect to proceeds of
insurance or other property not passing under this Will.
11. CUSTODIAN OF ESTATES. If at any time any
individual under the age of twenty-one shall be entitled to
receive any assets free of trust by reason of my death, whether
payable hereunder, by operation of law, contract or otherwise, I
appoint my Trustee hereinafter named as Custodian for such
individual under the Pennsylvania Uniform Transfers to Minors Act.
Page 10 of 14 Pages
12. TRUST TERMINATIONS.
(a) If there should be established by My Spouse,
either by Last Will and Testament or by inter vivos Deed
or Agreement, trusts similar to the trusts herein
established for the benefit of my issue, my Trustee
shall have the right and power to merge trusts herein
established with similar trusts for the same
beneficiaries established by My Spouse and to operate
each of the merged trusts as a single trust.
(b) If, in the opinion of my Trustee, at any time
any trust hereunder is or becomes too small to justify
its maintenance as a separate trust, my Trustee, in my
Trustee's sole discretion and without the necessity of
court approval, shall terminate such trust by
distributing all the income and principal of the trust
to the then income beneficiary of said trust. If any
additions to any such trust are received after its
termination under this ITEM, such trust shall be revived
and this provision shall continue to apply to it.
13. EXECUTOR POWERS REGARDING BASIS ADJUSTMENT. I
hereby authorize my Executor in my Executor's sole and absolute
discretion to allocate any adjustments to the income tax basis of
assets of my estate to such assets as my Executor deems to be
appropriate. I recognize that this power gives my Executor broad
latitude which I wish my Executor to exercise while taking into
account such factors as my Executor deems beneficial to all of the
beneficiaries of my estate. My Executor shall not be liable for
any loss to my estate or to any beneficiary of my estate resulting
from such allocation made in good faith.
14. EXECUTOR APPOINTMENT. I hereby appoint My Spouse,
ROBERT C. CRAUMER, as Executor of this Will. If for any reason My
Spouse should fail or cease to act, I appoint ALLFIRST TRUST
Page 11 of 14 Pages
COMPANY OF PENNSYLVANIA, N.A., as Executor. Ail references in
this Will to my "Executor" shall refer to my originally named
Executor, or to my successor Executor, as the case may be.
15. TRUSTEE APPOINTMENT. I hereby appoint My Spouse,
ROBERT C. CRAUMER, and ALLFIRST TRUST COMPANY OF PENNSYLVANIA,
N.A., as Co-Trustees of any trust created hereunder. If for any
reason either of them should fail or cease to act, the other or
others shall act or continue to act with all of the powers granted
to the two of them. So long as a Trustee or the issue of such
Trustee is a beneficiary of any trust hereunder, such Trustee
shall not (i) participate in any discretionary determination of
the Trustee to distribute principal or income of such trust to or
for the benefit of such beneficiary or to his or her issue; or
(ii) participate in any discretionary determination of the Trustee
to terminate said trust under the ITEM hereof entitled "TRUST
MERGERS AND TERMINATIONS" An individual Trustee shall be deemed
to have failed to serve as Trustee hereunder if, among other
reasons, the treating physician of said individual Trustee shall
certify in writing that such Trustee possesses permanent mental or
physical incapacities which preclude such Trustee from discharging
his or her duties as Trustee hereunder. My Spouse so long as My
Spouse is living and thereafter my children living from time to
time, by majority vote, shall be authorized, by written notice
directed to the Trustee, to (i) remove any corporate Trustee, for
Page 12 of 14 Pages
any reason, without cause and without Court approval, but must
replace said corporate Trustee with another corporate Trustee
having fiduciary powers and (ii) fill any vacancy in the office of
Trustee so that there is always a corporate Trustee serving
hereunder. If there is ever only one Trustee serving hereunder
and no successor is herein named, such sole Trustee may, by
written notice directed to the life tenant and the Trust,
designate his or her or its successor(s) or Co-Trustee(s) to serve
with him or her or it, any such designation to be effective
without court approval. Any Trustee serving hereunder shall have
the right to resign from such office at any time, with or without
cause and without Court approval. No successor Trustee shall be
liable for the actions of a resigning or removed Trustee occurring
prior to such successor Trustee taking office. All references in
this Will to my "Trustee" shall refer to my originally named Co-
Trustees or to my sole successor Trustee, as the case may be.
16. WAIVER OF BOND; FIDUCIARY FEES. My Custodian,
Executor and Trustee shall qualify and serve without the duty or
obligation of filing any bond or other security. Any corporate
fiduciary shall be entitled to compensation for services in
accordance with the standard schedule of fees in effect when the
services are rendered.
Page 13 of 14 Pages
IN WITNESS WHEREOF, I have set my hand and seal to this,
my Last Will and Testament, consisting of this and the preceding
thirteen (13) pages, this
day of ~ 9 ~/~ , 2002.
'-~~ ~, ~c~-~ (SEAL)
Natalie D. Craumer
We, the undersigned, hereby certify that the foregoing
Will was signed, sealed, published and declared by the above-named
Testatrix as and for her Last Will and Testament, in the presence
of us, who, at her request and in her presence and in the presence
of each other, have hereunto set our hands and seals the day and
year above written, and we certify that at the time of the
execution thereof, the said Testatrix was of sound and disposing
mind and memory.
( SEAL )
(SEAL)
Page 14 of 14 Pages
COMMONWEALTH OF PENNSYLVANIA
COUNTY OF ~.->?~ \~,~
: SS:
:
We, NATALIE D. CRAUMER, F%T~L~t~A' ~'~1~[{ and
~¢a~%~,~. ~l~. , the Testatrix and the Witnesses,
respectively, whose names are signed to the foregoing instrument,
having been sworn, do hereby declare to the undersigned officer
that the Testatrix, in the presence of the Witnesses, signed said
instrument as her Last Will and Testament, that she signed
voluntarily, that each of the witnesses, in the presence of the
Testatrix and of each other, signed said Will as a witness and that
to the best of the knowledge of each witness, the Testatrix was at
the time of sound mind and under no constraint or undue influence.
Nata~Cr/umer
Wit~~/ - ,,'~ ,-'-v ~
Subscribed and acknowledged before me by NATALIE D.
CRAUMER, the Testatrix, and subscribed and sworn to before me by
witnesses, on this ([oL% day of ? ~_ 2002.
My Commission Expires:
(SEAL)
r, No~t~l Se~l
Cindy L. I.eitzel, Nob~ry Public
I-Mffisbmg. D~uphin County
My C~w~ss~n Expires Dec. 2. 2002
Member, Pennsylvania Association of Notaries
LAST WILL AND TESTAI,IENT
OF
NATALIE D. CRAU~iER
ATTORNEYS AT LAW
ONE SOUTH MARKET SOUAI~E
P.O. BOX li46
HARRISBURG, PA 17108-1146
Name of Decedent:
Date of Death:
Will No.
To the Register:
CERTIFICATE OF NOTICE UNDER RULE 5.6(a)
Natalie D. Craumer
August 22, 2003
Adm. No. 2003-00744
I certify that notice of estate administration required by Rule 5.6(a) of the Orphans' Court
Rules was served on or mailed to the following beneficiaries of the above-captioned estate on
September/~', 2003.
Name Address
Pamela C. Johnson
Peter R. Craumer
Patricia A. Craumer
Robert C. Craumer
21 Stonegate Lane
Shelbume, VT 05482
19530 West Lake Drive
Hialiah, FL 33015
1217 Buena Drive
Great Falls, MT 59404
502 Bridgeview Drive
Lemoyne, PA 17043
Notice has now been given to all persons entitled thereto under Rule 5.6(a) except
NO EXCEPTIONS
Date: September I~ 2003 Signature: ~/~./t/~7~/A
Name:
Address:
Telephone:
Capacity:
X
t~L~.~..~. Sn~i;~h, Esqu, reX'{
Rhoads & Sinon LLP
One South Market Square, 12th Floor
P. O. Box 1146
Harrisburg, PA 17108-1146
(717) 233-5731
Personal Representative
Counsel for Personal Representative
487501.1
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 003259
RHOADS AND SINON
ONE SOUTH MARKET SQUARE
P O BOX 1146
HARRISBURG, PA 17108-1146
........ fold
ESTATE INFORMATION: SSN: 577-34-5078
FILE NUMBER: 2103-0744
DECEDENT NAME: CRAUMER NATALIE D
DATE OF PAYMENT: 11/20/2003
POSTMARK DATE: 00/00/0000
COUNTY: CUMBERLAND
DATE OF DEATH: 08/22/2003
ACN
ASSESSMENT
CONTROL
NUMBER
AMOUNT
101 $24,000.00
TOTAL AMOUNT PAID:
$24,000.00
REMARKS: ROBERTCCRAUMERC/O
RHOADS & SINON
SEAL
CHECK# 101
INITIALS: AC
RECEIVED BY:
DONNA M. OTTO
DEPUTY REGISTER OF WILLS
REGISTER OF WILLS
EV-1500 EX
COMMONWEALTH OF
PENNSYLVANIA
DEPARTMENT OF REVENUE
DEPT. 280601
HARRISBURG, PA 17128-0601
REV-1 500
INHERITANCE TAX RETURN
RESIDENT DECEDENT
FILE NUMRER
~2,_,],_- 0 .%'-~-0 7 4 4
COUNTY CODE YEAR
i NUMBER
; DECEDENT'S NAME (LAST. FIRST. AND MIDDLE INITIAL) SOCIAL SECURITY NUMRER
CraMmer Natalie
Z D 577-34-5078
/'~UJ DATE OF DEATH (MM-DD-YEAR) I DATE OF RI RTH (MM-DO-YEAR) THIS RETURN MUST BE FILED IN DUPliCATE WITH THE
r~UJ 08/22/2003 I 10/03/1927 REGISTER OF WILLS
iii (IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST. AND MIDDLE INITIAL) SOCIAL SECURITY NUMRER
Robert C. CraMmer 206-16-47~1
IxI 1. Original Return [---J 2. Supplemental Return [ J 3. Remainder Return (date of death re'iD' lo t2-,~4
~]4. Limited Estate I J 4a. Futura Interest Compromise (date of death aft~ 12-12-82) ~ 5. Federal Estate Tax Return Required
I-~ B. Decedent Died Testate (Attach co~w of WlI) E~ 7. Decedent Maintained a Living Trust (Attech co~v of Trust) 0 8. Total,Number of Safe Delx~it Bo~ea
I-'"-] 9. Litigation Proceeds Received r'~ 10. spousal Poverty Credit id.t. of dea,h t~ve~a 12-31-*r .~ 1-r.gs) I~ 11. Elect~on to tax under Sec. 9113(A)~.,~---~
THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO:.
NAME
Stanley A. Smith, Esquire
FIRM NAME (If Applicable)
Rhoads & Sinon, LLP
TELEPHONENUMBER
717-233-5731
COMPLAN MAILING AD,ESS
P.O. Box 1146
Harrisburg, PA
17108-1146
1. Real Estate (~hedule A) (1) 0.00
2. Stock~ and Bonds (Scbedula B) (2) 7 97, 198.3 6
3. Closety Held Corporation. Parl~ershipo~ Sole-Proprietorship (3) 0.00
4. Mor~gagea & Notes Receivable (schedule D) (4) 0. 00 '
5. Cash, Bank Deposits & Miscellaneous Personal Property
(Schedule El (5) 45,961.41
R. JointN Owned Property (schedule F) (R) 0.00
~] Separate Billing Requested ,.
7. Inter-Vivol Transfers & Miscellaneous Non-Probata Property (7) 0.0 0
(schedule G or L)
8. Total Gro~ ~ (total Lines 1-7) (8)
9. Funeral Expenses & Administrative Co, ts ( Schedule H) (9) 28,642.11
10. Oebta of Decedent, Mortgage Liabilit]ea, & Liens (Schecluls I) ( 1 O) 0.0 0
11. Total Deduetione (total Lines 9 & 10) ( 1 1 )
12. Net Value of Estate (Line 8 minus Line 1 1 ) (12)
13. Charitable and Governmefltal BsclUeata/S~c 9113 Trusts for which an election to tax has not been
made (Schedule J) (13)
OFFICIAL USE ONLY
843,159.77
28,642.11
814,517.66
0.00
14. Net Value Subjeet to Tax ( Line 12 minus Line 13) (14)
814,517.66
SEE li~UCTIONS ON REVERSE SIDE FOR APPUCABLE RATES
15. Amount of Line 14 taxable et the spousal tax
rata. or transfers under Sec. 9110 (a)(1.2)
1R. Amount of Line 14 taxable at lineal rate
17. Amount of Lind 14 taxable at sibling rate
18. Amount of Line 14 taxable at collateral rate
19. Tax Due
20.
208,468.55 x.o 0- 00(15)
606,049.11 x.o45
0. 00 x.12 (17)
0. O0 x .15
(19)
0.00
27,272.21
0.00
0.00
27,272.21
· · BE SURE TO ANSWER ALL QUESTIONS ON REVERSE SIDE AND RECHECK MATH < <
HASPXXNUMBER
state of Natalie D Craumer
Name
Address
Tax ID
Executors (Page 1)
Robert C. Craumer
502 Bridgeview Drive
Lemoyne, PA 17043-
206-16-4721
577-34-5078
Decedent's Complete Address:
STREET ADDRESS
502 Bridgeview Drive
Cumberland
c,~ J STATE JZ,e
Lemoyne PA 17043-
Tax Payments and Credits:
1. Tax Due (Page 1 Line 19)
2. Credits/Payments
A. Spousal Poverty Credit
B. Prior Payments
C. Discount
Interest/Penalty if applicable D. Interest
E. Penalty
0.00
24,000.00
1,200.00
0.00
0.00
Total Credits (A + B + C) (2)
Total Interest/Penalty (D + E) (3)
(1) 27,272.21
25,200.00
0.00
0.00
2,072.21
4. If Line 2 is greater than Line I + Line 3, enter the difference. This is the OVERPAYMENT.
Check box on Page I Une 20 to request · refund
(4)
5. If Line I + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE.
(5)
A. Enter the interest on the tax due.
(5A) 0.00
B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (5B) 2 ~ 072.21
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; ....................... E~]
b. retain the right to designate who shall use the property transferred or its income; ......... r~
c. retain a reversionary interest; or ................................ ['---] ~-]
d. receive the promise for life of either payments, benefits or care? ................. ~-1 r~
2. if death occurred after December 12, 1982, did decedent transfer property within one year of death
without receiving adequate consideration? ............................ E~
3. Did decedent own an 'in trust for" or payable upon death bank account or secudty at his or her death? ~
4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which
contains a beneficiary designation? ................................ E~] I-~
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 h&~ s,,o,,;,,ed thi~ return, induding e,;,~,-,,~,,ying schedule~ end statements, and to the best of my knowledge and belief, it is t~ue. correct and complete.
Declaration of preparer other than the personal re~esentetiee is be~e¢l on all information of which pr®parer has any knowledge.
DATE
ADDRESS / --
c/o Rhoads &/~lon, T,T,p, P.O.
SIGNATUR~~ REPRESENTATIVE
Box 1146 Harrisburg, PA 17108-1146
DATE
Rhoads & Sinon, LLP, P.O. Box 1146 Harrisburg, PA 17108-1146
For dates of death on or after July 1, 1994 and before January 1, 1995. the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3%
[72 P.S. § 9915 (a) (1.1) (i)].
For dates of death on or after January 1, 1995, the tax rate imposed on the net value of b'ansfers to or for the use of the surviving spouse is 0% [ 72 P.S. § 911 § (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 atepparent of the child is 0% [72 P.S. § 91 I~aN 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. § 9115(a)( 1
The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 12% ( 72 P.S. § 9115(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.
HASPXXNUMBER
REV-?503 EX + (1-97)
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE B
STOCKS & BONDS
ESTATE OF
FILE NUMBER
Natalie D Craumer
21-03-0744
All property jointly-owned with right of survivorship must be disclosed on Schedule F.
ITEM
NUMBER
4
DESCRIPTION
11,963 Shares
Allied Irish Bks P L C
Adr Spons Ord
New York Stock Exchange
CUSIP: 019228402
Dividend accrued on 08/22/2003
400 Shares
Avx Corp New
Common
New York Stock Exchange
CUSIP: 002444107
114 Shares
Citigroup Inc
Common
New York Stock Exchange
CUSIP: 172967101
10,000 Par
Conewago VY Sch District PA
Ser-A
CUSIP: 207135LD4
Interest accrued to 08/22/2003
2,168.35 Shares
Dmc Tax Free Income Tr Pa
Sh Ben Int C1 A
Mutual Funds, Money Market Fds
CUSIP: 233216100
Dividend accrued on 08/22/2003
1,049.351 Shares
Eaton Vance Mut Fds Tr
Tax Mng Gr Fd A
Mutual Funds, Money Market Fds
CUSIP: 277911830
Total from continuation pages
TOTAL (Also enter on line 2, Recapitulation)
VALUE AT DATE
OF DEATH
330,776.95
5,139.19
4,860.00
4,974.96
10,200.05
195.94
17,151.65
67.52
19,654.34
404,177.76
$ 797,198.36
HASPXXNUMBER (If more space is needed, insert additional sheets of the same size)
Schedule B (PaHe 2)
Estate of: Natalie D Craumer
Item
No. Description
494 Shares
Firstenergy Corp
Common
New York Stock Exchange
CUSIP: 337932107
Dividend accrued on 08/22/2003
8
100,000 Par
General Electric Capital Corp
CUSIP: 369622DD4
Interest accrued to 08/22/2003
50,000 Par
International Business Machs
Deb 08.375
New York Stock Exchange Bonds
CUSIP: 459200AG6
10
Interest accrued to 08/22/2003
203 Shares
Ishares Tr
Russl 2000 Val
American Stock Exchange
CUSIP: 464287630
11
2,170.057 Shares
MorHan Stanley Hi Yld Secs
C1 B
Mutual Funds, Money Market Fds
CUSIP: 616964201
12
Dividend accrued on 08/22/2003
2,381.872 Shares
MorHan Stanley Mult St Mun
Pa Ser
Mutual Funds, Money Market Fds
CUSIP: 616978870
13
6,103.568 Shares
Morgan Stanley Us Govt Secs
Sh Ben Int C1 B
Mutual Funds, Money Market Fds
CUSIP: 616969200
Value at Date
of Death
14,032.07
185.25
98,607.50
280.50
63,093.75
1,291.15
28,405.79
3,580.59
19.96
25,414.57
55,969.72
Total (Carry forward to main schedule) 290,880.85
Schedule B (Page 3)
Estate of: Natalie D Craumer
Item
No. Description
14
1,000 Shares
Ppl Cap Fdg Tr I
Pre Eq Un % Pe
New York Stock Exchange
CUSIP: 69352F204
15
200 Shares
Prudential Finl Inc
Common
New York Stock Exchange
CUSIP: 744320102
16
400 Shares
Rite Aid Corp
Common
New York Stock Exchange
CUSIP: 767754104
17
400 Shares
Tyco Intl Ltd New
Common
New York Stock Exchange
CUSIP: 902124106
18
50,000 Par
United Parcel Service
Debenture
CUSIP: 911308AA2
Interest accrued to 08/22/2003
19
50 Par
United States Svdtd 10/01/99
10/1/99-10/1/16
Us Savings Bonds E, Ee, H, Hh
CUSIP: 912540KX8
20
300 Shares
Verizon Communications
Common
New York Stock Exchange
CUSIP: 92343V104
21
100 Shares
Visteon Corp
Common
New York Stock Exchange
CUSIP: 92839U107
Dividend accrued on 08/22/2003
Total (Carry forward to main schedule)
Value at Date
of Death
19,675.00
7,244.00
1,828.00
8,192.00
63,349.25
1,640.10
29.56
10,695.00
638.00
6.00
113,296.91
REV-1508 EX + (1-97)
COMMONVVEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE E
CASH, BANK DEPOSITS, & MISC.
PERSONAL PROPERTY
ESTATE OF
Natalie D Craumer
FILE NUMBER
21-03-0744
Include the
ITEM
NUMBER
3
)roceeds of litigation and the date the proceeds were received by the estate. All property jointly-owned with the right of survivorship must be disclosed on Schedule
DESCRIPTION
1990 Oldsmobile Cutlass
Supreme
25,000 Par
Resource Bank Virginia Beach
VA CD
Issue 6/14/02
Command Government Fund Class
A Money Market
Command Money Fund Class AX
Money Market
Morgan Stanley Money Market
Account No.: 410 028231 002
VALUE AT DATE
OF DEATH
1,520.00
25,946.00
485.00
633.00
17,377.41
$ 45,961.41
TOTAL (Also enter on line 5, Recapitulation)
HASPXXNUMBER (If more space is needed, insert additional sheets of the same size)
REV~1511 EX + (1-97)
SCHEDULE H
FUNERAL EXPENSES &
ADMINISTRATIVE COSTS
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF FILE NUMBER
Natalie D Craumer 21-03-0744
Debts of decedent muat be reported on Sche~lule I.
ITEM
NUMBER
2
DESCRIPTION
FUNERALEXPENSES:
Musselman Funeral Home &
Cremation Services, Inc.
Rolling Green Cemetary -
Granite Base - $355.00
Internment Fee - $1,091.00
ADMINISTRATIVE COSTS:
Personal Representative's Commissions
Name of Personal Representative(s)
Social Security Number(s) / EIN Number of Personal Representative(s)
Street Address
City State __ Zip
Year(s) Commission Paid:
Attorney Fees
Family Exemption: (If decedent's address is not the same as claimant's, attach explanation)
Claimant
Street Address
City
Relationship of Claimant to Decedent
Probate Fees
Accountant's Fees
Tax Return Preparer's Fees
State Zip
Cumberland Law Journal
Legal Advertisement of Letters
Testamentary
Dauphin County Register of
Wills
Oath of Subscribing Witness
Total from continuation pages
TOTAL (Also enter on line 9, Recapitulation) $
AMOUNT
6,758.08
1,446.00
19,500.00
512.00
75.00
15.00
336.03
28,642.11
HASPXXNUMBER (If more space is needed, insert additional sheets of same size)
Schedule H part 2 (Page 2)
Estate of: Natalie D Craumer
Item
No. Description
Amount
4
RESERVES: Rhoads & Sinon, LLP
Out of Pocket Expenses
to include: Miscellaneous Exp
$15.00; Postage $13.39; Stock
Evaluation $32.55; Photocopies
$45.60; Reserve: $100.00.
The Patriot-News Co.
Legal Advertisement of Letters
Testamentary
206.54
129.49
Total (Carry forward to main schedule) 336.03
REV-'1513 EX+ (900)
COMMONVVEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE J
BENEFICIARIES
ESTATE OF
Natalie D Craumer
FILE NUMBER
21-03-0744
RELATIONSHIP TO DECEDENT AMOUNT OR SHARE
NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE
NUMBER
TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers
under Sec. 9116 (a) (1.2)]
See attached Schedule
-iNTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18, AS APPROPRIATE, ON REV-1500 COVER SHEFT
II.
NON-TAXABLE DISTRIBUTIONS:
A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE
B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS
1.
TOTAL OF PART II - ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET $
HASPXXNUMBER (If more space is needed, insert additional sheets of the same size)
PA INHERITANCE TAX RETURN
ATTACHMENT TO SCHEDULE J - BENEFICIARIES
PART I - Taxable Distributions
Estate of Natalie D. Craumer File Number 21-03-0744
No. Name and Address of Person(s) Relationship to Amount or Share
Receiving Property Decedent of Estate
I. Taxable Distributions (include
outright spousal distributions)
1. Pamela C. Johnson Daughter
21 Stonegate Lane
Shelburne, VT 05482
One-third remainder interest
in Unified Credit Trust,
$202,016.37
2. Peter R. Craumer Son
19530 West Lake Drive
Hialiah, FL 33015
3. Patricia A. Craumer Daughter
1217 Buena Drive
Great Falls, MT 59404
4. Robert C. Craumer Spouse
502 Bridgeview Drive
Lemoyne, PA 17043
One-third remainder interest
in Unified Credit Trust,
$202,016.37
One-third remainder interest
in Unified Credit Trust,
$202,016.37
1990 Oldsmobile Cutlass
Supreme per Item 1 of
Will, 1,520.00
Life estate in residuary
Trust, $206,948.55
495712.1
REV-1'514 EX+ (1-97)
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE K
LIFE ESTATE, ANNUITY
& TERM CERTAIN
(Check Box 4 on Rev-1500 Cover Sheet)
ESTATE OF FILE NUMBER
Natalie D Craumer 21-03-0744
This schedule is to be used for all single life. joint or successive life estate and term certain calculations. For dates of death
prior to 5-1-89, actuarial factors for single life calculations can be obtained from the Department of Revenue, Specialty Tax Unit.
Actuarial factors can be found in IRS Publication 1457, Actuarial Values, Alpha Volume for dates of death on or after 5-1-89.
Indicate the type of instrument which created the future interest below and attach a copy to the tax return.
J-~ Will ~ ,ntervivos Deed of Trust r-~ Other
: ~::LtFE ESTATE :INTEREST CALCUlaTION
NAME(S) OF NEAREST AGE AT TERM OF YEARS LIFE ESTATE IS
LIFE TENANT(S) DATE OF BIRTH DATE OF DEATH PAYABLE
Robert C. Craumer 05/29/1926 77 ~ Life or ~-~ Term of Years
~ Life or r-'-I Term of Years
-~ Life or r~J Term of Years
'~ Life or I---I Term of Years
fund from which life estate is payable $ 812,997.66
2. Actuarial factor per app~_.?ate table 0. 25455
Interest table rate- [~ :3 1/2% [~ 6% ~ 10% ~-] Variable Rate 3.2 %
3. Value of life estate (Line I multiplied by Une 2) $ 206,948.55
NAME(S) OF NEAREST AGE AT TERM OF YEARS
ANNUITANT(S) DATE OF BIRTH DATE OF DEATH ANNUITY IS PAYABLE
~ Life or [-~ Term of Years
~ Life or ~ Term of Years
-'~ Life or ~ Term of Years
-~ Life or ~ Term of Years
fund from which annuity is payable $ 0.00
2. Check appropriate block below and enter corresponding (number) 0
Frequency of payout- ~] Weekly (52) ~ Bi-weekly (26)~ Monthly (12)
r~ Quarterly (4) ~ Semi-annually (2) J I Annually (1) ~ Other ( )
;3. Amount of payout per period $ 0.00
4. Aggregate annual payment, Line 2 multiplied by Line 3 0.00
5. Annuity Factor (see instructions)
Interest table rate [~ 3 1/2% ~ 6% ~ 10% r~ Variable Rate
6. Adjustment Factor (see instructions) 0.0
7. Value of annuity - If using 3 1/2%, 6%, 10%, or if variable rate and period payout is at end of period,
calculation is: Line 4 x Une 5 x Line 6 $ 0.00
If using variable rate and period payout is at beginning of period, calculation is:
(Line 4 x Une 5 x Line 6) + Line 3 $ 0.00
NOTE The values of the funds which create the above future interests must be reported as part of the estate assets on
Schedules A through G of this tax return. The resulting life or annuity interest(s) should be reported at the appropriate tax rate on
Lines 13. 15, 16and 17.
(If more space is needed, insert additional sheets of the same size)
HASPXXNUMBER
REV-*. 649 EX+ (1-97)
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE 0
ELECTION UNDER SEC. 9113(A)
(SPOUSAL DISTRIBUTIONS)
ESTATE OF FILE NUMBER
Natalie D Craumer 21-03-0744
Do not complete this schedule unless the estate ia making the election to tax assets under Section 9113(A) of the Inheritance & Estate Tax Act.
If the election applies to more than one trust or similar arrangement, a separate form must be filed for each trust.
This election applies to the Trust (marital, residual, A, B, By-pass, Unified Credit, etc.)
If a trust or similar arrangement meets the requirements of Section 9113(A), and:
a. The trust or similar arrangement is listed in Schedule O. and
b. The value of the trust or similar arrangement is entered in whole or in part as an asset on Schedule O,
then the transferor's personal representative may specifically identify the trust (all or a fractional portion or percentage) to be included in the election to have such trust or
similar property treated as a taxable transfer in this estate. If less than the entire value of the trust or similar property is included as a taxable transfer on Schedule O, the
personal representative shall be considered to have made the election only as to a fraction of the trust or similar arrangement. The numerator of this fraction is equal to
the amount of the trust or similar arrangement included as a taxable asset on Schedule O. The denominator is equal to the total value of the trust or similar arrangement.
PART A: Enter the description and value of all interests, both taxable and non-taxable, regardless of location, which pass to the decedent's
surviving spouse under a Section 9 1 1 3(A) trust or similar arrangement.
DESCRIPTION
Unified Credit Trust created
under Item 2 of decedent's
will, funded entirely with
taxable assets
PART B: Enter the description and value of all interests included in Part A for which the Section
The Executor makes an electicaascmPT~0N
under Section 9113(a) of the
Inheritance and Estate Tax Act
to tax 100% of the Unified
VALUE
Credit Trust created under
Item 2 of decedent's Will.
812,997.66
Part ATota, $
election to tax is being made.
VALUE
812,997.66
812,997.66
Part B Total $
HASPXXNUMBER (If more space is needed, insert additional sheets of the same size
LAST WILL AND TESTAMENT
OF
NATALIE D. CRAUMER
I, NATALIE D. CRAUMER, of Lower Allen Township,
Cumberland County, Pennsylvania, being of sound and disposing mind
and memory, do make, publish and declare this to be my Last Will
and Testament, hereby revoking all Wills and Codicils by me at any
time previously made.
I am married to Robert C. Craumer (hereinafter referred
to as "My Spouse") and the children born of our marriage are
Pamela C. Johnson, Peter R. Craumer and Patricia A. Craumer.
1. TANGIBLE PERSONAL PROPERTY. I give and bequeath
all of my household furniture and furnishings, automobiles, other
motor vehicles, books, pictures, jewelry, china, crystal,
appliances, silverware, wearing apparel, articles of household or
personal use or adornment, collections, artworks, boats and
recreational equipment and vehicles, together with all policies of
insurance thereon, to My Spouse, if My Spouse survives me. If My
Spouse does not survive me, I give such articles to my children
living at my death in as nearly equal shares as they shall select
under the supervision of my Executor it being my request that my
children be guided by any requests which I may express in any
Page 1 of 14 Pages
425643
memorandum left with this Will. Any cost of packing and shipping
said personalty to the beneficiaries, including insurance, shall
be paid by my Executor as a general administration cost. If any
such articles cannot be fairly divided or distributed in kind in
the opinion of my Executor, such articles shall be sold and the
proceeds thereof shall pass as a part of my residuary estate.
2. UNIFIED CREDIT TRUST. I give, devise and bequeath
to my Trustee hereinafter named, IN TRUST NEVERTHELESS, to be
held, administered and disposed of in accordance with this ITEM
for the benefit of My Spouse and my issue (herein referred to as
the "Unified Credit Trust") an amount equal to the sum of the
balance of the dollar amount not taxed in my estate due to the
application to my estate of (i) the applicable credit amount
against federal estate tax permitted under Section 2010 of the
Internal Revenue Code of 1986, as amended, or any subsequent
successor or parallel provision thereto (the "Applicable Credit
Amount"), after deducting therefrom the value, for federal estate
tax purposes, of (a) assets included in my federal gross estate
which pass or have passed other than under the terms of this Will
and which will utilize a portion of the Applicable Credit Amount,
(b) any bequests under the preceding ITEMS of this Will which will
utilize a portion of the Applicable Credit Amaount and (c) adjusted
taxable gifts not included in my federal gross estate but included
in the computation of the tentative federal estate tax in my
Page 2 of 14 Pages
estate; and (ii) the state death tax credit allowed for federal
estate tax purposes (but only to the extent its use will not
increase any Death Taxes, other than Pennsylvania Inheritance or
Pennsylvania Estate Taxes, owing by my estate). My Trustee shall
have, hold, manage, invest and reinvest the assets of the Unified
Credit Trust, collect the income and
(a) If My Spouse survives me, beginning at my
death, my Trustee shall pay over the net income of the
Unified Credit Trust to My Spouse during My Spouse's
lifetime, in installments not less frequently than
quarterly. In addition, my Trustee shall pay to My
Spouse such amounts of the principal of such trust as,
in the sole discretion of my Trustee, shall be necessary
for the maintenance, support and medical and nursing
care of My Spouse, taking into consideration any other
means readily available for such purposes. My Spouse
shall have the exclusive and unrestricted right during
My Spouse's lifetime to occupy or otherwise use any
residence held wholly or partially in this Trust and the
Trustee shall, at the request of My Spouse, sell any
interest in any residence held in this Trust and may use
the proceeds for the purchase of another residence for
My Spouse's use or for investment in income producing
property, as My Spouse may direct.
(b) Upon the death of the survivor of My Spouse
and me, my Trustee shall distribute the principal and
any undistributed income of the Unified Credit Trust to
my issue then living, per stirpes; provided, however,
that should any such issue be the issue of a deceased
child of mine and shall not then have attained the age
of twenty-five years, each such issue's share shall be
retained by my Trustee, IN TRUST NEVERTHELESS, each to
be held, administered and disposed of as a separate
trust estate in accordance with ITEM 4 for the benefit
of each such issue (the "Retention Trust").
3. RESIDUE. I give, devise and bequeath all of the
rest, residue and remainder of my property, real, personal and
Page 3 of 14 Pages
mixed, not disposed of in the preceding portions of this Will,
including all property over which I hold a power of appointment
(which powers of appointment I hereby exercise in favor of my
estate), to My Spouse, if My Spouse survives me. If My Spouse
does not survive me, I give and bequeath said residue to my issue
living at my death, per stirpes; provided, however, that should
any such issue be the issue of a deceased child of mine and shall
not then have attained the age of twenty-five years, each such
issue's share shall be retained by my Trustee, IN TRUST
NEVERTHELESS, each to be held, administered and disposed of as a
separate trust estate in accordance with ITEM 4 for the benefit of
each such issue (the "Retention Trust").
4. RETENTION TRUST. My Trustee shall have, hold,
manage, invest and reinvest the assets of the Retention Trust,
collect the income and
(a) Until the beneficiary of the Retention Trust
(the "Beneficiary") shall have attained the age of
twenty-one years, my Trustee shall from time to time pay
to or for the benefit of the Beneficiary such amounts of
the net income and principal of the Retention Trust as,
in the sole discretion of my Trustee, shall be necessary
for the Beneficiary's maintenance, support, medical and
nursing care and education, including college and
graduate education, taking into consideration any other
means readily available for such purposes. At the end
of each year any unexpended income shall be added to the
principal of the Retention Trust.
(b) After the Beneficiary shall have attained the
age of twenty-one years, my Trustee shall thereafter pay
to the Beneficiary the net income derived from the
Retention Trust in installments not less frequently than
Page 4 of 14 Pages
quarterly and such amounts of the principal as, in the
sole discretion of my Trustee, shall be necessary for
the Beneficiary's maintenance, support, medical and
nursing care and education, including college and
graduate education, taking into consideration any other
means readily available for such purposes.
(c) If at the time of the creation of the
Retention Trust the Beneficiary shall have then attained
the age of twenty-five years, or if the Beneficiary
shall thereafter attain that age, the Trustee shall
distribute outright to the Beneficiary the then
remaining principal and any accumulated income of the
Retention Trust.
(d) If a Beneficiary shall die before final
distribution of the assets of the Retention Trust is
made, the then remaining principal and any undistributed
income of the Retention Trust shall be distributed to
the Beneficiary'$ issue then living, per stirpes; or if
the Beneficiary has no issue then living, then to the
Beneficiary's estate.
5. PERPETUITIES PROVISIONS. Nothing herein is
intended to, nor shall it be construed to, postpone the vesting of
any part of the assets of any separate trust estate hereunder for
more than twenty-one years after the death of the survivor of me,
My Spouse and my issue living at the time of my death. At the
expiration of such period the assets of all the separate trust
estates hereunder shall immediately vest in fee simple absolute in
and be distributed outright to the person or persons then entitled
to receive the income therefrom, whether in my Trustee's
discretion or otherwise.
6. SPENDTHRIFT PROVISION. No interest in income or
principal of my estate or any trust created hereunder shall be
Page 5 of 14 Pages
subject to attachment, levy or seizure by any creditor, spouse,
assignee or trustee or receiver in bankruptcy of any beneficiary
of my estate or of any trust created hereunder prior to the
beneficiary,s actual receipt thereof. My Executor or Trustee
shall pay over the net income and the principal to the
beneficiaries herein designated, as their interests may appear,
without regard to any attempted anticipation (except as may be
specifically provided herein), pledging or assignment by any
beneficiary of my estate or of any trust created hereunder and
without regard to any claim thereto or attempted levy, attachment,
seizure or other process against said beneficiary.
7. SURVIVAL PRESUMPTIONS. Any person who shall have
died at the same time as I or under such circumstances that it is
difficult or impossible to determine who shall have died first,
shall be deemed to have predeceased me. Any person other than me
who shall have died at the same time as any then beneficiary of
income of my estate or a trust created hereunder or under such
circumstances that it is difficult or impossible to determine who
shall have died first, shall be deemed to have predeceased such
beneficiary.
8. FIDUCIARY POWERS. In the settlement of my estate
and during the continuance of any trust created hereunder, my
Executor and my Trustee shall possess, among others, the following
Page 6 of 14 Pages
powers, exercisable without prior court approval, but in all cases
to be exercised for the best interests of the beneficiaries:
(a) To retain any investments I may have at my
death so long as my Executor or Trustee may deem it
advisable to my estate or trust so to do, including
securities owned, issued or underwritten by any
corporate Executor or Trustee or any of their
affiliates.
(b) To vary investments, when deemed desirable by
the Trustee, and to invest in every kind of property and
type of investment, including securities owned, issued
or underwritten by any corporate Trustee or any of its
affiliates, or as to which such Trustee or its affiliate
acts as investment advisor, as the Trustee shall deem
wise.
(c) In order to effect a division of the principal
of my estate or trust or for any other purpose,
including any final distribution of my estate or trust,
my Executor or Trustee is authorized to make said
divisions or distributions of the personalty and realty
partly or wholly in kind. If such division or
distribution is made in kind, said assets shall be
divided or distributed at their respective values on the
date or dates of their division or distribution. In
making any division or distribution in kind, my Executor
or Trustee shall divide or distribute said assets in a
manner which will fairly allocate any unrealized
appreciation among the beneficiaries.
(d) To sell either at public or private sale and
upon such terms and conditions as my Executor or Trustee
may deem advantageous to my estate or trust, any or all
real or personal estate or interest therein owned by my
estate or trust severally or in conjunction with other
persons or acquired after my death by my Executor or
Trustee, and to consummate said sale or sales by
sufficient deeds or other instruments to the purchaser
or purchasers, conveying a fee simple title, free and
clear of all trust and without obligation or liability
of the purchaser or purchasers to see to the application
of the purchase money or to make inquiry into the
validity of said sale or sales; also, to make, execute,
acknowledge and deliver any and all deeds, assignments,
Page 7 of 14 Pages
options or other writings which may be necessary or
desirable in carrying out any of the powers conferred
upon my Executor or Trustee in this paragraph or
elsewhere in this Will.
(e) To mortgage real estate and to make leases of
real estate for any term.
(f) To borrow money from any party, including my
Executor or Trustee, to pay indebtedness of mine or of
my estate or trust, expenses of administration, Death
Taxes or other taxes.
(g) To pay all costs, expenses, legally
enforceable debts, funeral expenses and charges in
connection with the administration of my estate or
trust.
(h) To vote any shares of stock which form a part
of my estate or trust and to otherwise exercise all the
powers incident to the ownership of such stock and to
actively manage and operate any incorporated or
unincorporated business, including any joint ventures
and partnerships, and to incorporate any such
unincorporated business, with all the rights and powers
of any owner thereof.
(i) In the discretion of my Executor or Trustee,
to unite with other owners of similar property in
carrying out any plans for the reorganization of any
corporation or company whose securities form a part of
my estate or trust.
(j) To assign to and hold in my estate or trust an
undivided portion of any asset.
(k) To hold investments in the name of a nominee.
(1) To compromise controversies.
(m) To disclaim, in whole or in part, any and all
interests in property owned by me at the time of my
death, including those passing to me by Will, intestacy,
contract, joint ownership, operation of law or
otherwise.
Page 8 of 14 Pages
(n) To divide any trust hereunder into two or more
separate, but identical, trusts. To divide any trust
hereunder which would have a generation skipping
transfer tax inclusion ratio other than one (1) or zero
(0), into two (2) separate trusts which are fractional
shares, known as the "exempt trust" and the "nonexempt
trust". The exempt trust is that fractional share of
the total trust fund that has a generation skipping
transfer tax inclusion ratio of zero (0), and the
nonexempt trust is the remaining fractional share of the
trust, with a generation skipping transfer tax inclusion
ratio of one (1). The terms and conditions of the
nonexempt trust and the exempt trust will be identical.
Any reference to a trust created under this Will,
without a further specification or limitation, shall be
deemed to refer to both the exempt trust and the
nonexempt trust, in proportionate amounts, where
relevant. The assets of each separate exempt and
nonexempt trust shall be held, administered and invested
as separate trusts, and my Trustee shall maintain
adequate accounting and records for both such trusts.
My Executor shall indicate on the federal estate tax
return filed for my estate that separate trusts will be
created (or funded) and clearly set forth the manner in
which the trust is to be severed and the separate trusts
funded.
(o) To designate one or more persons or a
corporation to act as ancillary fiduciary in any
jurisdiction in which ancillary administration may be
necessary, such ancillary fiduciary to serve without
bond or security and to have all powers, authorities and
discretions conferred hereunder.
(p) To employ and compensate from income or
principal, in the.discretion of my Executor or Trustee,
investment and legal counsel, accountants, brokers and
other specialists, and, whenever there shall be no
corporate Executor or Trustee in office, a corporate
custodian, and to delegate to investment counsel
discretion with respect to the investment and
reinvestment of any or all of the assets held hereunder.
9. EXCULPATORY CLAUSES. In the settlement of my
estate:
Page 9 of 14 Pages
(a) My Executor shall not be personally liable for
any loss to my estate or to any beneficiary of my estate
resulting from an election made in good faith to claim a
deduction as an income tax deduction or as an estate tax
deduction.
(b) In valuing property in my gross estate for the
purposes of any Death Tax, my Executor shall not be
personally liable for any loss to my estate or to any
beneficiary of my estate resulting from my Executor's
decision made in good faith to use a particular
valuation date.
10. TAX CLAUSE. Ail inheritance, estate and similar
taxes becoming due by reason of my death, except any taxes
relating to generation skipping transfers imposed under Chapter 13
of Subtitle B of the Internal Revenue Code, as amended ("Death
Taxes"), whether such Death Taxes shall be payable by my estate or
by any recipient of any property, shall be paid by my Executor out
of the property passing under ITEM 2 of this Will as an expense
and cost of administration of my estate. My Executor shall have
no duty or obligation to obtain reimbursement for any Death Taxes
paid by my Executor, even though paid with respect to proceeds of
insurance or other property not passing under this Will.
11. CUSTODIAN OF ESTATES. If at any time any
individual under the age of twenty-one shall be entitled to
receive any assets free of trust by reason of my death, whether
payable hereunder, by operation of law, contract or otherwise, I
appoint my Trustee hereinafter named as Custodian for such
individual under the Pennsylvania Uniform Transfers to Minors Act.
Page 10 of 14 Pages
12. TRUST TERMINATIONS.
(a) If there should be established by My Spouse,
either by Last Will and Testament or by inter vivos Deed
or Agreement, trusts similar to the trusts herein
established for the benefit of my issue, my Trustee
shall have the right and power to merge trusts herein
established with similar trusts for the same
beneficiaries established by My Spouse and to operate
each of the merged trusts as a single trust.
(b) If, in the opinion of my Trustee, at any time
any trust hereunder is or becomes too small to justify
its maintenance as a separate trust, my Trustee, in my
Trustee's sole discretion and without the necessity of
court approval, shall terminate such trust by
distributing all the income and principal of the trust
to the then income beneficiary of said trust. If any
additions to any such trust are received after its
termination under this ITEM, such trust shall be revived
and this provision shall continue to apply to it.
13. EXECUTOR POWERS REGARDING BASIS ADJUSTMENT. I
hereby authorize my Executor in my Executor's sole and absolute
discretion to allocate any adjustments to the income tax basis of
assets of my estate to such assets as my Executor deems to be
appropriate. I recognize that this power gives my Executor broad
latitude which I wish my Executor to exercise while taking into
account such factors as my Executor deems beneficial to all of the
beneficiaries of my estate. My Executor shall not be liable for
any loss to my estate or to any beneficiary of my estate resulting
from such allocation made in good faith.
14. EXECUTOR APPOINTMENT. I hereby appoint My Spouse,
ROBERT C. CRAUMER, as Executor of this Will. If for any reason My
Spouse should fail or cease to act, I appoint ALLFIRST TRUST
Page 11 of 14 Pages
COMPANY OF PENNSYLVANIA, N.A., as Executor. Ail references in
this Will to my "Executor" shall refer to my originally named
Executor, or to my successor Executor, as the case may be.
15. TRUSTEE APPOINTMENT. I hereby appoint My Spouse,
ROBERT C. CRAUMER, and ALLFIRST TRUST COMPANY OF PENNSYLVANIA,
N.A., as Co-Trustees of any trust created hereunder. If for any
reason either of them should fail or cease to act, the other or
others shall act or continue to act with all of the powers granted
to the two of them. So long as a Trustee or the issue of such
Trustee is a beneficiary of any trust hereunder, such Trustee
shall not (i) participate in any discretionary determination of
the Trustee to distribute principal or income of such trust to or
for the benefit of such beneficiary or to his or her issue; or
(ii) participate in any discretionary determination of the Trustee
%o terminate said trust under the ITEM hereof entitled "TRUST
MERGERS AND TERMINATIONS". An individual Trustee shall be deemed
to have failed to serve as Trustee hereunder if, among other
reasons, the treating physician of said individual Trustee shall
certify in writing that such Trustee possesses permanent mental or
physical incapacities which preclude such Trustee from discharging
his or her duties as Trustee hereunder. My Spouse so long as My
Spouse is living and thereafter my children living from time to
time, by majority vote, shall be authorized, by written notice
directed to the Trustee, to (il remove any corporate Trustee, for
Page 12 of 14 Pages
any reason, without cause and without Court approval, but must
replace said corporate Trustee with another corporate Trustee
having fiduciary powers and (ii) fill any vacancy in the office of
Trustee so that there is always a corporate Trustee serving
hereunder. If there is ever only one Trustee serving hereunder
and no successor is herein named, such sole Trustee may, by
written notice directed to the life tenant and the Trust,
designate his or her or its successor(s) or Co-Trustee(s) to serve
with him or her or it, any such designation to be effective
without court approval. Any Trustee serving hereunder shall have
the right to resign from such office at any time, with or without
cause and without Court approval. No successor Trustee shall be
liable for the actions of a resigning or removed Trustee occurring
prior to such successor Trustee taking office. All references in
this Will to my "Trustee" shall refer to my originally named Co-
Trustees or to my sole successor Trustee, as the case may be.
16. WAIVER OF BOND; FIDUCIARY FEES. My Custodian,
Executor and Trustee shall qualify and serve without the duty or
obligation of filing any bond or other security. Any corporate
fiduciary shall be entitled to compensation for services in
accordance with the standard schedule of fees in effect when the
services are rendered.
Page 13 of 14 Pages
IN WITNESS WHEREOF, I have set my hand and seal to this,
my Last Will and Testament, consisting of this and the preceding
thirteen (13) pages, this t~ day of ~ ~ , 2002.
Natalie D. Craumer
We, the undersigned, hereby certify that the foregoing
Will was signed, sealed, published and declared by the above-named
Testatrix as and for her Last Will and Testament, in the presence
of us, who, at her request and in her presence and in the presence
of each other, have hereunto set our hands and seals the day and
year above written, and we certify that at the time of the
execution thereof, the said Testatrix was of sound and disposing
mind and memory.
(SEAL)
(SEAL)
Page 14 of 14 Pages
COMMONWEALTH OF PENNSYLVANIA
COUNTY OF ~M'~ \k~
: SS:
:
We, NATALIE D. CRAUMER, i%T~t~.i.~l%~ and
~[~5%~'~.~' ~%~q[%J , the Testatrix and the Witnesses,
respectively, whose names are Signed to the foregoing instrument,
having been sworn, do hereby declare to the undersigned officer
that the Testatrix, in the presence of the Witnesses, signed said
instrument as her Last Will and Testament, that she signed
voluntarily, that each of the witnesses, in the presence of the
Testatrix and of each other, signed said Will as a witness and that
to the best of the knowledge of each witness, the Testatrix was at
the time of sound mind and under no constraint or undue influence.
witnesses, on this
Nata~Cr/umer '--~
Subscribed and acknowledged before me by NATALIE D.
CRAUMER, the Testatrix, and subscribed and sworn to before me by
, 2002.
Notar~Public
My Commission Expires:
(SEAL)
Register of Wills of Cumberland County, Pennsylvania
Estate of NATALIE D. CRAUMER
also known as
INVENTORY
No. 00744 of 2003
Date of Death Au,qust 22, 2003
, Deceased Social Secudty No. 577-34-5078
I, Robert C. Craumer,
Personal Representative of the above Estate, deceased, verify that the items appearing in the following inventory include all of the
personal assets wherever situate and all of the real estate in the Commonwealth of Pennsylvania of said Decedent, that the valuation
placed opposite each item of said Inventory represents its fair value as of the date of the Decedent~s death, and that Decedent owned
no real estate outside of the Commonwealth of Pennsylvania except that which appears in a memorandum at the end of this inventory.
I verify that the statements made in this Inventory are true and correct. I understand that false statements herein are made subject to
the penalties of 18 Pa. C.S. Section 4904 relating to unswom falsification to authorities.
Name of
Attorney: Stanley A. Smith, Esquire
I.D. No.: 33782
Address: Rhoads & Sinon LLP, P.O. Box 1146
Harrisburg, PA 17108-1146
Telephone: (717) 233-5731
Personal Representative:
Robert C. Craumer
Dated:
Description
Value
See attachment
(Attach Additional Sheets if necessary)
$843,159.77
Total: $843,159.77
NOTE: The Memorandum of real estate outside the Commonwealth of Pennsylvania may, at the election of the personal representative, include the
value of each item, but such figures should not be extended into the total of the Inventor/.
Fo~n R~/-7 (Dauphin County - Rev. 9/92)
498107.1
Estate of Natalie D Craumer
Estate Inventory
Valued as of Date of Death
Face
Value
25,000
No. of
Shares
11,963
400
114
494
1,000
200
400
Cash & Cash Equivalents
Resource Bank Virginia Beach
VA CD
Issue 6/14/02
Command Government Fund Class
A Money Market
Command Money Fund Class AX
Money Market
Morgan Stanley Money Market
Account No.: 410 028231 002
Total Cash & Cash Equivalents
Stocks
Allied Irish Bks P L C
Adr Spons Ord
New York Stock Exchange
Dividend at Date of Death
Avx Corp New
Common
New York Stock Exchange
Citigroup Inc
Common
New York Stock Exchange
Firstenergy Corp
Common
New York Stock Exchange
Dividend at Date of Death
Ppl Cap Fdg Tr I
Pre Eq Un % Pe'
New York Stock Exchange
Prudential Finl Inc
Common
New York Stock Exchange
Rite Aid Corp
Common
New York Stock Exchange
25,946.00
485.00
633.00
17,377.41
330,776.95
5,139.19
4,860.00
4,974.96
14,032.07
185.25
19,675.00
7,244.00
1,828.00
44,441.41
(1)
Estate Inventory
No. of
Shares
400
3OO
100
Par
Value
10,000
100,000
50,000
50,000
5O
Stocks
Tyco Intl Ltd New
Common
New York Stock Exchange
Verizon Communications
Common
New York Stock Exchange
Visteon Corp
Common
New York Stock Exchange
Dividend at Date of Death
Total Stocks
Bonds, Debentures & T-Bills
Conewago VY Sch District PA
Ser-A
Interest at Date of Death
General Electric Capital Corp
Interest at Date of Death
International Business Machs
Deb 08.375
New York Stock Exchange Bonds
Interest at Date of Death
United Parcel Service
Debenture
Interest at Date of Death
United States Svdtd 10/01/99
10/1/99-10/1/16
Us Savings Bonds E, Ee, H, Hh
Total Bonds, Debentures & T-Bills
8,192.00
10,695.00
638.00
6.00
10,200.05
195.94
98,607.50
280.50
63,093.75
1,291.15
63,349.25
1,640.10
29.56
408,246.42
238,687.80
Tangible Pemonal Property
1990 Oldsmobile Cutlass
Supreme
Total Tangible PerSonal Property
1,520.00
1,520.00
(2)
Estate Inventory
No. of
Shares
2,168.35
1,049.351
203
2,170.057
2,381.872
6,103.568
Mutual Funds
Dmc Tax Free Income Tr Pa
Sh Ben Int C1 A
Mutual Funds, Money Market Fds
Dividend at Date of Death
Eaton Vance Mut Fds Tr
Tax Mng Gr Fd A
Mutual Funds, Money Market Fds
Ishares Tr
Russl 2000 Val
American Stock Exchange
Morgan Stanley Hi Yld Secs
C1 B
Mutual Funds, Money Market Fds
Dividend at Date of Death
Morgan Stanley Mult St Mun
Pa Ser
Mutual Funds, Money Market Fds
Morgan Stanley Us Govt Secs
Sh Ben Int C1 B
Mutual Funds, Money Market Fds
Total Mutual Funds
Total Inventory
17,151.65
67.52
19,654.34
28,405.79
3,580.59
19.96
25,414.57
55,969.72
$ 150,264.14
$ 843,159.77
(3)
IN RE:
ESTATE OF NATALIE D. CRAUMER
Deceased
IN THE ORPHANS' COURT DIVISION
OF THE COURT OF COMMON PLEAS
OF CUMBERLAND COUNTY, PENNSYLVANIA
NO. 00744 of 2003
APPROVAL OF ACCOUNT
RELEASE AND INDEMNIFICATION
WHEREAS, Natalie D. Craumer (the "Decedent") died testate on August 22, 2003,
leaving a Will which was duly probated by the Register of Wills of Cumberland County,
Pennsylvania on September 10, 2003; and
WHEREAS, the Decedent's Will appoints Decedent's husband, Robert C. Craumer,
as Executor of Decedent's estate (the "Executor") and Letters Testamentary were duly granted to
Robert C. Craumer on September 10, 2003; and
WHEREAS, Decedent's Will bequeaths her household and personal articles to her
husband, Robert C. Craumer, and a formula amount to the Unified Credit Trust, the named trustees
of which are Robert C. Craumer and Manufacturers and Traders Trust Company (formerly Allfirst
Trust Company of Pennsylvania, N.A.), for the benefit of Robert C. Craumer, for his lifetime. At
the death of Robert C. Craumer, the then remaining assets of the Unified Credit Trust pass to the
Decedent's then living issue, per stirpes, now being her children, Pamela C. Johnson, Peter R.
Craumer and Patricia A. Craumer (hereinafter referred to as "the Remainder Beneficiaries"); and
WHEREAS, under the formula bequest under ITEM 2 of Decedent's will, the
entire estate (with the exception of her household and personal affects) passes into the Unified
Credit Trust; and
500488.1
WHEREAS,
Decedent's Will to remove
Trustee; and
WHEREAS,
Robert C. Craumer has the authority under ITEM 15 of the
the corporate Co-Trustee and to designate another corporate Co-
Robert C. Craumer has exercised his authority and removed
Manufacturers and Traders Trust Company, successor to Allftrst Trust Company of Pennsylvania,
N.A. and has designated Wachovia Bank, N.A. as substitute Co-Trustee; and
WHEREAS, the Pennsylvania Inheritance Tax and Federal Estate Tax returns have
been filed and administration of the estate is nearly complete, with the exception of the receipt of
approval letters from the Pennsylvania Department of Revenue and Internal Revenue Service and
the filing final income tax returns; and
WHEREAS, Robert C. Craumer and Wachovia Bank, Co-Trustees of the Unified
Credit Trust, desire that the Estate be concluded without the expense and formality of a court
accounting; and
WHEREAS, the Executor is willing to consent to such a conclusion of the Estate
upon receipt of a proper approval of account, release and indemnification, which it is the purpose of
this Agreement to provide.
NOW, THEREFORE, the undersigned, Co-Trustees of the Unified Credit Trust,
for themselves, their heirs, administrators, successors and assigns:
(1) State that they have examined the First and Final Account of the
administration of Decedent's Estate, which is attached hereto as Exhibit "A" (the "Account"), and
approve the transactions and distributions set forth or proposed therein as though they had been
confirmed absolutely by the Court having jurisdiction over the Estate.
(2) State that they have examined the Statement of Proposed Distribution
attached to the Account and they approve the distributions proposed therein as though they were
ordered by the Court having jurisdiction over the Estate.
(3) Waive the filing and auditing of the Account by any Court and agree that
having jurisdiction over the Estate may confirm the Account and any Proposed
any Court
Distribution.
(4) Acknowledge receipt from the Executor of the assets shown as distributed or
distributable to them in the said Account or Statement of Proposed Distribution in absolute
payment of full satisfaction of the bequest to them under Decedent's Will.
(5) Do hereby absolutely and irrevocably release, remise, quitclaim and forever
discharge the said Executor, his heirs and personal representatives, of and from all actions, suits,
payments, accounts, reckonings, claims and demands whatsoever relating to the Estate of the said
Decedent.
(6)
Account, Petition
Cumberland County, Pennsylvania, or in any other jurisdiction in connection with the Estate of the
Decedent.
(7) Hereby agree that if, at any time in the future, the said Executor receives any
demand or claim for any amount claimed to be due and owing from him, as Executor, and approves
said demand or claim, they shall, at the request of the said Executor, pay to the said Executor the
amount of any such demand or claim, or if it has been paid by the said Executor, then reimburse
him for the amount paid by him, provided that the amount of such requested payment or
Do hereby absolutely and irrevocably release the Executor from filing any
for Distribution or other document with the Court of Common Pleas of
reimbursement shall not exceed the total of the assets paid or distributed by said Executor to the
Beneficiaries as set forth in the attached Account.
(8) Do hereby agree that this Agreement may be signed and acknowledged by
the parties hereto in counterparts and a complete set of executed counterparts, containing the
signatures of all parties, shall constitute an original and complete instrument.
This instrument shall be legally binding on the undersigned.
IN WITNESS WHEREOF, each of the undersigned has executed this Agreement
on the "J .~. day of ~)~, 2004.
Witness Robert C. Craumer, Co-Trustee
ATTEST:
WACHOVIA BANK, NATIONAL ASSOCIATION,
Co-Trustee
By:
COMMONWEALTH OF PENNSYLVANIA:
Oa ' .ss:
COUNTY OF t ~, I ·
On this, the~d~ day of ~{z)2.~, 2004, before me, a Notary Public, in and for the
Commonwealth of Pennsylvania, the undersigned officer, personally appeared ROBERT C.
CRAUMER, known to me (or satisfactorily proven) to be the person whose name is subscribed to
the within Agreement and acknowledged that he executed the same for the purposes therein
contained.
IN WITNESS WHEREOF, I hereunto set my hand and official seal.
Nb/tary P~blic a
My Commission Expires:
(SEAL)
Nolalial Se~
Kimbet~y A. Meals, Notary Public
City Of Hanisburg, Dauphin County
My Commission Expires Mar. 11, 2007
Member. Penn~vlvanie .~,, ~'~Oalion Of Notades
COMMONWEALTH OF- : ~~}q-~-F__
· SS:
COUNTY OF ~*_x6 QQ.X"~-(~._ '
On this, the c~ day of 4-J~Oa~3~C~(~ ,2004, before me, the undersigned
officer, personally appeared LQ. 'L<Yx}'?~ ~C,~t~ ~'~o, who acknowledged ~hjmselt?herself to
be the ~1 't.C_3~i'-c;x,c.[ ~_rl:~ of (g_xC~.\ox~-,c~_x_~&, .KI.t-~ . ,a corporation, and that
he/she, as such ~) tEg-"~ f ~.x~ic~l: l~ , being authorized to do so, executed the foregoing
instrument for the purposes therein contained by signing the name of the corporation by
himself/herself as ~'~k~_~ ~'.~ r(3m,~
IN WITNESS WHEREOF, I hereunto set my hand and official seal.
My Commission Expires:
(SEAL)
NOTARY ~
SI'ATE OF DELAWARE
SANDRA L LAKEY
MY COMMISSION EXPIRES APRIl. 2, 200~
EXHIBIT A
Date of Death:
Date of Appointment:
Date of First Complete
Advertisement of Letters:
Accounting for the Period:
IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA
ORPHANS' COURT DIVISION
NO. 00744 of 2003
FIRST AND FINAL ACCOUNTING OF
Robert C. Craumer, Executor
For
ESTATE OF NATALIE D. CRAUMER, DECEASED
August 22, 2003
September 10, 2003
September 30, 2003
August 22, 2003
to November 30, 2003
Purpose of Account: Robert C. Craumer, Executor, offers this account to acquaint interested parties with the
transactions that have occurred during his administration.
The account' also indicates the proposed distribution of the estate.
It is important that the account be carefully examined. Requests for additional information, or questions, or
objections, can be discussed with:
Stanley A. Smith, Esquire
Rhoads & Sinon LLP
One South Market Square
12th Floor P.O. Box 1146
Harrisburg, PA 17108-1146
(717) 233-5731
500132.1
Estate of [,latali~ D Craumer
Summary of Account
Principal
Receipts
Net Gain on Sales or Other Dispositions
Less Disbursements:
Federal & State Taxes
Balance Before Distributions
Less Distributions to Beneficiaries
Principal Balance On Hand
For Information:
Investments Made
Unpaid Expenses
Unrealized Gains and Losses
Income Receipts
Net Gain on Sales or Other Dispositions
Less Disbursements:
Balance Before Distributions
Less Distributions to Beneficiaries
Income Balance on Hand
For Information:
Investments Made
Unpaid Expenses
Unrealized Gains and Losses
Combined Balance on Hand
Page
2
6
9
10
13
18
18
18
21
22
23
24
25
25
25
24,000.00
843,159.77
3,162.39
846,322.16
24,000.00
822,322.16
1,520.00
820,802.16
3,133.19
0.00
3,133.19
0.00
3,133.19
0.00
3,133.19
823,935.35
(1)
Estate of Natalie D Craumer
Receipts of Principal
FACE
25,000
No. of
Shares
11,963
40O
114
494
1,000
Cash and Cash Equivalents
Resource Bank Virginia Beach
VA CD
Issue 6/14/02
Command Government Fund Class
A Money Market
Command Money Fund Class AX
Money Market
Morgan Stanley Money Market
Account No.: 410 028231 002
Total Cash and Cash Equivalents
Stocks
Allied Irish Bks ? L C
Adr Spons Ord
New York Stock Exchange
Dividend at Date of Death
Avx Corp New
Common
New York Stock Exchange
Citigroup Inc
Common
New York Stock Exchange
Firstenergy Corp
Common
New York Stock Exchange
Dividend at Date of Death
Ppl Cap Fdg Tr I
Pre Eq Un % Pe
New York Stock Exchange
Inventory Value
08/2212003
25,946.00
485.00
633.00
17,377.41
Inventory Value
0812212003
330,776.95
5,139.19
4,860.00
4,974.96
14,032.07
185.25
19,675.00
44,441.41
(2)
Receipts of Principal (Continued)
No. of
Shares
200
400
400
300
100
Par
Value
10,000
100,000
50,000
Stocks
Prudential Finl Inc
Common
New York Stock Exchange
Rite Aid Corp
Common
New York Stock Exchange
Tyco Intl Ltd New
Common
New York Stock Exchange
Verizon Communications
Common
New York Stock Exchange
Visteon Corp
Common
New York Stock Exchange
Dividend at Date of Death
Total Stocks
Bonds, Debentures & T-Bills
Conewago VY Sch District PA
Ser-A
Interest to Date of Death
General Electric Capital Corp
Interest to Date of Death
International Business Machs
Deb 08.375
New York Stock Exchange Bonds
Interest to Date of Death
Inventory Value
08~22~2003
7,244.00
1,828.00
8,192.00
10,695.00
638.00
6.00
Inventory Value
08/2212003
10,200.05
195.94
98,607.50
280.50
63,093.75
1,291.15
408,246.42
(3)
Receipts of Principal (Continued)
Par
Value
50,000
50
No. of
Shares
2,168.35
1,049.351
203
2,170.057
Bonds, Debentures & T-Bills
United Parcel Service
Debenture
Interest to Date of Death
United States Svdtd 10/01/99
10/1/99-10/1/16
Us Savings Bonds E, Ee, H, Hh
Total Bonds, Debentures & T-Bills
Tangible Personal Property
1990 Oldsmobile Cutlass
Supreme
Total Tangible Personal Property
Mutual Funds
Dmc Tax Free Income Tr Pa
Sh Ben Int C1 A
Mutual Funds, Money Market Fds
Dividend at Date of ~eath
Eaton Vance Mut Fds Tr
Tax Mng Gr Fd A
Mutual Funds, Money Market Fds
Ishares Tr
Russl 2000 Val
American Stock Exchange
Morgan Stanley Hi Yld Secs
C1 B
Mutual Funds, Money Market Fds
Dividend at Date of Death
Inventory Value
08122/2003
63,349.25
1,640.10
29.56
Inventory Value
08~22~2003
1,520.00
Inventory Value
08~22~2003
17,151.65
67.52
19,654.34
28,405.79
3,580.59
19.96
238,687.80
1,520.00
(4)
iI ~
Receipts of Principal (Continued)
No. of
Shares
Mutual Funds
2,381.872
Morgan Stanley Mult St Mun
Pa Ser
Mutual Funds, Money Market Fds
6,103.568
Morgan Stanley Us Govt Secs
Sh Ben Int Cl B
Mutual Funds, Money Market Fds
Total Mutual Funds
Total Receipts of Principal
Inventory Value
08~22~2003
25,414.57
55,969.72
150,264.14
843,159.77
(5)
Estate of Natalie D Craumer
Gains and Losses on Sales or Other Dispositions of Principal
Net Gain
09~25~2003 Sale
1,000 Shares
Ppl Cap Fdg Tr I
Pre Eq Un % Pe
New York Stock Exchange
Net Proceeds $
Inventoried at
20,343.77
19,675.00 $
668.77
09/30/2003 Sale
Command Government Fund Class
A Money Market
Net Proceeds $
Carried at
185.00
185.00
09/30/2003 Sale
Command Money Fund Class AX
Money Market
Net Proceeds $
Carried at
277.75
277.75
09/30/2003 Sale
100,000 Par
General Electric Capital Corp
Inventoried at $
Net Proceeds
98,607.50
96,298.98
10/21/2003 Collection
Morgan Stanley Money Market
Account No.: 410 028231 002
Net Proceeds $
Carried at
17,377.41
17,377.41
11/05~003 Sale
1,563 Shares
Allied Irish Bks P L C
Adr Spons Ord
New York Stock Exchange
N~Pmceeds $
Inventoried at
45,851.01
43,216.95
2,634.06
Net Loss
2,308.52
(6)
11/05/2003
Gains and Losses on Sales or Other Dispositions of Principal (Continued)
Net Gain
Net Loss
Sale
1,400 Shares
Allied Irish Bks P L C
Adr Spons Ord
New York Stock Exchange
Net Proceeds $
Inventoried at
40,878.08
38,710.00
$ 2,168.08
$ 5,470.91
$ 3,162.39
Total Gains and Losses
Net Gain
$ 2,308.52
(7)
Estate of Natalie D Craumer
Disbursements of Principal
Date Paid
Amount Paid
Federal and State Taxes
11/19/2003
Cumberland County
Register of Wills, Agent
Prepayment of Inheritance
Tax
$ 24,000.00
Total Federal and State Taxes
$ 24,000.00
Total Disbursements of Principal
$ 24,000.00
(8)
Estate of Natalie D Craumer
Distributions of Principal to Beneficiaries
Distribution Value
Robert C. Craumer
10/24/2003
1990 Oldsmobile Cutlass
Supreme
Total Distributions of Principal
1,520.00
$ 1,520.00
$ 1,520.00
(9)
FnnclDal Balance ()n Hand (( ;ontinned%
Estate of Natalie D Craumer
Principal Balance On Hand
Valued as of November 30, 2003
Face
Value
25,000
Cash and Cash Equivalents
Resource Bank Virginia Beach
VA CD
Issue 6/14/02
Command Government Fund Class
A Money Market
Command Money Fund Class AX
Money Market
Prudential Securities
Estate Account No.:
044-341581-87
Inventory Value
25,946.00
300.00
355.25
155,597.11
No. of
Shares
9,000
400
114
1,000
494
Total Cash and Cash Equivalents
Stocks
Allied Irish Bks P L C
Adr Spons Ord
New York Stock Exchange
Avx Corp New
Common
New York Stock Exchange
Citigroup Inc
Common
New York Stock Exchange
Fannie Mae 5.50% Non Cum Pref
Stk Ser N
Firstenergy Corp
Common
New York Stock Exchange
Dividend at Date of Death
248,850.00
4,860.00
4,974.96
50,255.25
14,032.07
185.25
182,198.36
(lO)
No. of
Shares
200
400
400
3OO
100
i~ ~,,
Principal Balance On Hand (Continued)
Inventory Value
Stocks
Prudential Finl Inc
Common
New York Stock Exchange
Rite Aid Corp
Common
New York Stock Exchange
Tyco Intl Ltd New
Common
New York Stock Exchange
Verizon Communications
Common
New York Stock Exchange
Visteon Corp
Common
New York Stock Exchange
$ 7,244.00
1,828.00
8,192.00
10,695.00
638.00
Par
Value
10,000
50,000
50,000
50
Total Stocks
Bonds, Debentures & T-Bills
Conewago VY Sch District PA
Ser-A
International Business Machs
Deb 08.375
New York Stock Exchange Bonds
United Parcel Service
Debenture
United States Svdtd 10/01/99
10/1/99-10/1/16
Us Savings Bonds E, Ee, H, Hh
$ 10,200.05
63,093.75
63,349.25
29.56
351,754.53
Total Bonds, Debentures & T-Bills
136,672.61
(11)
Principal Balance On Hand (Continued)
No. of
Shares
2,168.35
1,049.351
203
2,170.057
2,381.872
6,103.568
Mutual Funds
Dmc Tax Free Income Tr Pa
Sh Ben Int C1 A
Mutual Funds, Money Market Fds
Eaton Vance Mut Fds Tr
Tax Mng Gr Fd A
Mutual Funds, Money Market Fds
Ishares Tr
Russl 2000 Val
American Stock Exchange
Morgan Stanley Hi Yld Secs
C! B
Mutual Funds, Money Market Fds
Morgan Stanley Mult St Mun
Pa Ser
Mutual Funds, Money Market Fds
Morgan Stanley Us Govt Secs
Sh Ben Int Cl B
Mutual Funds, Money Market Fds
Inventory Value
17,151.65
19,654.34
28,405.79
3,580.59
25,414.57
55,969.72
Total Mutual Funds
Total Balance on Hand
$ 150,176.66
$ 820,802.16
(12)
Estate of Natalie D Craumer
Information Schedules - Principal
New Investments
Fannie Mae 5.50% Non Cum Pref
Stk Ser N
09/30/2003 1,000 Shs.
Total New Investments
Purchased
Inventory
Value
$ 50,255.25
$ 50,255.25
Exchanges and Stock Distributions
1990 Oldsmobile Cutlass Supreme
08/22/2003
10/24/2003
Received
Distribution
To Robert C. Craumer
Inventory
Value
1,520.00
(1,520.00)
Allied Irish Bks P L C
Adr Spons Ord
New York Stock Exchange
08/22/2003 11,963
11/05/2003 (1,563)
10,400
11/05/2003 (1,400)
Shs.
Shs.
Shs.
Shs.
9,000 Shs.
Avx Corp New
Common
New York Stock Exchange
08/22/2003 400
Shs.
400 Shs.
Resource Bank Virginia Beach VA
CD
Issue 6/14/02
08/22/2003 25,000 Par
25,000 Par
Received
Sold
On Hand
Sold
On Hand
Received
On Hand
Received
On Hand
$ 330,776.95
(43,216.95)
$ 287,560.00
(38,710.00)
$ 248,850.00
$ 4,860.00
$ 4,860.00
$ 25,946.00
$ 25,946.00
(13)
Information Schedules - Principal (Continued)
Exchanges and Stock Distributions
Citigroup Inc
Common
New York Stock Exchange
08/22/2003 114
Shs.
114 Shs.
Conewago VY Sch District PA
Ser-A
08/22/2003 10,000 Par
10,000 Par
Dmc Tax Free Income Tr Pa
Sh Ben Int C1 A
Mutual Funds, Money Market Fds
08/22/2003 2,168.35 Shs.
2,168.35 Shs.
Eaton Vance Mut Fds Tr
Tax Mng Gr Fd A
Mutual Funds, Money Market Fds
08/22/2003 1,049.351 Shs.
1,049.351 Shs.
Fannie Mae 5.50% Non Cum Pref
Stk Ser N
09/30/2003 1,000 Shs.
1,000 Shs.
Firstenergy Corp
Common
New York Stock Exchange
08/22/2003 494
Shs.
494 Shs.
Received
On Hand
Received
On Hand
Received
On Hand
Received
On Hand
Purchased
On Hand
Received
On Hand
Inventory
Value
$ 4,974.96
$ 4,974.96
$ 10,200.05
$ 10,200.05
$ 17,151.65
$ 17,151.65
$ 19,654.34
$ 19,654.34
$ 50,255.25
$ 50,255.25
$ 14,032.07
$ 14,032.07
(14)
Information Schedules - Principal (Continued)
Exchanges and Stock Distributions
General Electric Capital Corp
08/22/2003 100,000 Par
09/30/2003 (100,000) Par
International Business Machs
Deb 08.375
New York Stock Exchange Bonds
08/22/2003 50,000 Par
50,000 Par
Ishares Tr
Russl 2000 Val
American Stock Exchange
08/22/2003 203
Shs.
203 Shs.
Morgan Stanley Hi Yld Secs
C1 B
Mutual Funds, Money Market Fds
08/22/200.3 2,170.057 Shs.
2,170.057 Shs.
Morgan Stanley Mult St Mun
Pa Ser
Mutual Funds, Money Market Fds
08/22/2003 2,381.872 Shs.
2,381.872 Shs.
Morgan Stanley Us Govt Secs
Sh Ben Int C1 B
Mutual Funds, Money Market Fds
08/22/2003 6,103.568 Shs.
6,103.568 Shs.
Received
Sold
Received
On Hand
Received
On Hand
Received
On Hand
Received
On Hand
Received
On Hand
Inventory
Value
$ 98,607.50
(98,607.50)
$ 63,093.75
$ 63,093.75
$ 28 405.79
$ 28,405.79
$ 3,580.59
$ 3,580.59
$ 25,414.57
$ 25;414.57
$ 55,969.72
$ 55,969.72
(15)
Information Schedules - Principal (Continued)
Exchanges and Stock Distributions
Ppl Cap Fdg Tr I
Pre Eq Un % Pe
New York Stock Exchange
08/22/2003 1,000
09/25/2003 (1,000)
Shs.
Shs.
Prudential Finl Inc
Common
New York Stock Exchange
08/22/2003 200
Shs.
200 Shs.
Rite Aid Corp
Common
New York Stock Exchange
08/22/2003 400
Shs.
400 Shs.
Tyco Intl Ltd New
Common
New York Stock Exchange
08/22/2003 400
Shs.
400 Shs.
United Parcel Service Debenture
08/22/2003 50,000 Par
50,000 Par
United States Svdtd 10/01/99
10/1/99-10/1/16
Us Savings Bonds E, Ee, H, Hh
08/22/2003 50 Par
50 Par
Received
Sold
Received
On Hand
Received
On Hand
Received
On Hand
Received
On Hand
Received
On Hand
Inventory
Value
19,675.00
(19,675.00)
$ 7,244.00
$ 7,244.00
$ 1,828.00
$ 1,828.00
$ 8,192.00
$ 8,192.00
$ 63,349.25
$ 63,349.25
$ 29.56
$ 29.56
(16)
Information Schedules - Principal (Continued)
Exchanges and Stock Distributions
Verizon Communications
Common
New York Stock Exchange
08/22/2003 300
Shs.
300 Shs.
Visteon Corp
Common
New York Stock Exchange
08/22/2003 100
Shs.
100 Shs.
Received
On Hand
Received
On Hand
Inventory
Value
$ 10,695.00
$ 10,695.00
$ 638.00
$ 638.00
(17)
Estate of Natali~ D Craumer
Receipts of Income
Income Collected
Allied Irish Bks P L C
Adr Spons Ord
New York Stock Exchange
10/01/2003 Dividend on 11,963 Shares
Less accrued portion
Avx Corp New
Common
New York Stock Exchange
11/14/2003 Dividend on
400 Shares
Citigroup Inc
Common
New York Stock Exchange
11/25/2003 Dividend on
114 Shares
Command Government Fund Class A
Money Market
09/25/2003 Interest
Conewago VY Sch District PA Ser-A
10/07/2003 Interest on 10,000 Par
Less accrued portion
Dmc Tax Free Income Tr Pa
Sh Ben Int CIA
Mutual Funds, Money Market Fds
10/07/2003 Interest on 2,168 35 Shares
Less accrued portion
10/24/2003 Interest on~2_168 35 Shares
Mess accruea portion
5,139.19
(5,139.19)
15.00
39.90
0.02
206.25
(195.94)
67.42
(67.42)
64.93
(0.10)
0.00
15.00
39.90
0.02
10.31
(18)
Receipts of Income (Continued)
Dmc Tax Free Income Tr Pa
Sh Ben Int CIA
Mutual Funds, Money Market Fds
11/25/2003 Interest on 2,168.35 Shares
General Electric Capital Corp
09/23/2003 Interest on 100,000 Par
Less accrued portion
International Business Machs
Deb 08.375
New York Stock Exchange Bonds
11/03/2003 Interest on 50,000 Par
Less accrued portion
Morgan Stanley Hi YId Secs
CI B
Mutual Funds, Money Market Fds
10/03/2003 Dividend on 2,170,057 Shares
Less accrued portion
10/31/2003 Dividend on 2,170.057 Shares
11/28/2003 Dividend on 2,170.057 Shares
Morgan Stanley Mult St Mun
Pa Ser
Mutual Funds, Money Market Fds
10/30/2003 Interest on 2,381.872 Shares
11/26/2003 Interest on 2,381.872 Shares
67.24
280.50
(280.50)
2,093.75
(1,291.15)
19.96
(19.96)
19.96
19.96
103.36
80.09
132.07
0.00
802.60
39.92
183.45
(19)
Receipts of Income (Continued)
Morgan Stanley Us Govt Secs
Sh Ben Int CI B
Mutual Funds, Money Market Fds
10/30/2003 Dividend on 6,103. 568
11/26/2003 Dividend on 6,103. 568
Prudential Securities
Estate Account No.: 044-341581-87
09/23/2003
10/03/2003
10/24/2003
11/19/2003
11/25/2003
Miscellaneous Income
Miscellaneous Income
Miscellaneous Income
Miscellaneous Income
Miscellaneous Income
United Parcel Service Debenture
10/02/2003 Interest on 50,000 Par
Less accrued portion
Verizon Communications
Common
New York Stock Exchange
11/03/2003 Dividend on 300 Shares
Visteon Corp
Common
New York Stock Exchange
10/07/2003 Dividend on 100 Shares
Less accrued portion
Total Income Received
Shares $
Shares
177.32
140.58
659.20
266.27
3.57
3.60
90.23
2,093.75
(1,640.10)
115.50
6.00
(6.00)
317.90
1,022.87
453.65
115.50
0.00
3,133.19
(20)
Estate of Natalie D Craumer
Gains and Losses on Sales or Other Dispositions of Income
Net Gain
Net Loss
No Gain or Loss
$ 0.00
(21)
Estate of Natalie D Craumer
Disbursements of Income
Date Paid
Amount Paid
Total Disbursements of Income
0.00
(22)
Estate of Natalie D Craumer
Distributions of Income to Beneficiaries
Distribution Value
Total Distributions of Income
0.00
(23)
Estate of Natalie D Craumer
Income Balance On Hand
Valued as of November 30, 2003
Face
Value
Cash and Cash Equivalents
Prudential Securities
Estate Account No.:
044-341581-87
Inventory Value
3,133.19
Total Cash and Cash Equivalents
Total Balance on Hand
$ 3,133.19
$ 3,133.19
(24)
PROPOSED SCHEDULE OF DISTRIBUTION
Cash Balance on Hand
Less Reserves:
Rhoads & Sinon LLP Out of Pocket Expenses 938.03
Rhoads & Sinon LLP Attorney's Fees 19,500.00
Balance Due Pennsylvania Inheritance Tax 2,054.80
Reimbursement to Robert C. Craumer for
Funeral Expenses to Musselman Funeral Home
& Rolling Green Cemetery 8,204.08
$158,730.30
TOTAL RESERVES
TOTAL CASH BALANCE ON HAND
$ 30.696.91
500109.1
TO:
Wachovia Bank, National Association and
Robert C. Craumer, Co-Trustees of the Unified Credit Trust
created under ITEM 2 of the decedent's will
Principal
25,000 shs
9,000 shs
400 shs
114 shs
1,000 shs
494 shs
200 shs
400 shs
400 shs
300 shs
100 shs
10,000 shs
50,000 shs
50,000 shs
50 shs
2,168.35 shs
1,049.351 shs
203 shs
2,170.057shs
Resource Bank Virginia Beach
Allied Irish
Avx Corp
Citigroup Inc.
Fannie Mae
Firstenergy Corp
Prudential Finl
Rite Aid Corp
Tyco Intl
Verizon Communications
Visteon Corp
Conewago VY Sch District PA
International Business Machs
United Pai'cel Service
United States Savings Bond
Dmc Tax Free
Eaton Vance Mut Fds
Ishares
Morgan Stanley Hi Yld
Fair Market
Value 11/30/03
25,946.00
265,905.00
6,094.00
5,387.93
50,255.25
17,082.52
7,907.50
2,488.00
9,219.00
9,797.25
812.50
10,301.45
64,593.75
64,286.46
29.80
17,607.00
21,008.01
31,882.67
3,819.30
Inventory
Value
25,946.00
248,850.00
4,860.00
4,974.96
50,255.25
14,032.07
7,244.00
1,828.00
8,192.00
10,695.00
638.00
10,200.05
63,093.75
63,349.25
29.56
17,151.65
19,654.34
28,405.79
3,580.59
Principal
2,381.872shs
6,103.568shs
Cash
TOTAL
Principal
Income
TOTAL BALANCE ON HAND
Morgan Stanley Mult St
Morgan Stanley Us Govt Secs
Total
Fair Market
Value 11/30/03
26,129.14
56,152.83
696,705.36
124,900.20
3,133.19
Inventory
Value
25,414.57
55,969.72
664,549.80
124,900.20
3,133.19
AFFIDAVIT
Robert C. Craumer, Executor under the Last Will and Testament of Natalie D. Craumer, deceased,
hereby declares under oath that he has fully and faithfully discharged the duties of his office; that the foregoing
Account is true and correct and fully discloses all significant transactions occurring during the accounting
period; that all known claims against the Estate have been paid in full; that, to his knowledge, there are no
claims now outstanding against the Estate; that all taxes presently due from the Estate have been paid; and that
more than four months have elapsed since the f'u'st complete advertisement of the granting of letters in this
Estate.
Robert~umer, Executor
Sworn to and subscribed before me this']'iA day of
-?_~.~ 2004.
NOTARY PUBLIC ' --
MY COMMISSION EXPIRES:
(SEAL)
IN RE:
ESTATE OF NATALIE D. CRAUMER
Deceased
IN THE ORPHANS' COURT DIVISION
OF THE COURT OF COMMON PLEAS
OF CUMBERLAND COUNTY, PENNSYLVANIA
NO. 00744 of 2003
APPROVAL OF ACCOUNT
RELEASE AND INDEMNIFICATION
WHEREAS, Natalie D. Craumer (the "Decedent") died testate on August 22, 2003,
leaving a Will which was duly probated by the Register of Wills of Cumberland County,
Pennsylvania on September 10, 2003; and
WHEREAS, the Decedent's Will appoints Decedent's husband, Robert C. Craumer,
as Executor of Decedent's estate (the "Executor") and Letters Testamentary were duly granted to
Robert C. Craumer on September 10, 2003; and
WHEREAS, Decedent's Will bequeaths her household and personal articles to her
husband, Robert C. Craumer, and a formula amount to the Unified Credit Trust, the named trustees
of which are Robert C. Craumer and Manufacturers and Traders Trust Company (formerly Allfirst
Trust Company of Pennsylvania, N.A.), for the benefit of Robert C. Craumer, for his lifetime. At
the death of Robert C. Craumer, the then remaining assets of the Unified Credit Trust pass to the
Decedent's then living issue, per stirpes, now being her children, Pamela C. Johnson, Peter R.
Craumer and Patricia A. Craumer (hereinafter referred to as "the Remainder Beneficiaries"); and
WHEREAS, under the formula bequest under ITEM 2 of Decedent's will, the
entire estate (with the exception of her household and personal affects) passes into the Unified
Credit Trust; and
500462.1
WHEREAS, the Pennsylvania Inheritance Tax and Federal Estate Tax returns have
been filed and administration of the estate is nearly complete, with the exception of the receipt of
approval letters from the Pennsylvania Department of Revenue and Internal Revenue Service and
the filing final income tax returns; and
WHEREAS, Robert C. Craumer and Remainder Beneficiaries desire that the Estate
be concluded without the expense and formality of a court accounting; and
WHEREAS, the Executor is willing to consent to such a conclusion of the Estate
upon receipt of a proper approval of account, release and indemnification, which it is the purpose of
this Agreement to provide.
NOW, THEREFORE, the undersigned, jointly, separately and severally, for
themselves, their heirs, administrators, and assigns:
(1) State that they have examined the First and Final Account of the
administration of Decedent's Estate, which is attached hereto as Exhibit "A" (the "Account"), and
approve the transactions and distributions set forth or proposed therein as though they had been
confirmed absolutely by the Court having jurisdiction over the Estate.
(2) State that they have examined the Statement of Proposed Distribution
attached to the Account and they approve the distributions proposed therein as though they were
ordered by the Court having jurisdiction over the Estate.
(3) Waive the filing and auditing of the Account by any Court and agree that
any Court having jurisdiction over the Estate may confirm the Account and any Proposed
Distribution.
(4) Acknowledge receipt fi.om the Executor of the assets shown as distributed or
distributable to them in the said Account or Statement of Proposed Distribution in absolute
payment of full satisfaction of the bequest to them under Decedent's Will.
(5) Do hereby absolutely and irrevocably release, remise, quitclaim and forever
discharge the said Executor, his heirs and personal representatives, of and from all actions, suits,
payments, accounts, reckonings, claims and demands whatsoever relating to the Estate of the said
Decedent.
(6) Do hereby absolutely and irrevocably release the Executor from filing any
Account, Petition for Distribution or other document with the Court of Common Pleas of
Cumberland County, Pennsylvania, or in any other jurisdiction in connection with the Estate of the
Decedent.
(7) Do hereby agree that this Agreement may be signed and acknowledged by
the parties hereto in counterparts and a complete set of executed counterparts, containing the
signatures of all parties, shall constitute an original and complete instnlment.
This instrument shall be legally binding on each of the undersigned and their
personal representatives, heirs and assigns.
on the~.~ day o~a~2004.
Wimess
IN WITNESS WItEREOF, each of the undersigned has executed this Agreement
Robert C. Craumer/'
Witness
Pamela C. Johnson
.(SEAL)
Witness
Peter R. Cmumer
.(SEAL)
.(SEAL)
Witness Patricia A. Craumer
on the
IN WITNESS WHEREOF, each of the undersigned has executed this Agreement
day of'}(q'j. ,2004.
Witness
Witness
(SEAL)
Robert C. Cmumer
Pamela C. Johnson
(SEAL)
Wimess
Peter R. Craumer
(SEAL)
(SEAL)
Wimess Patricia A. Craumer
· t ¢
on the
IN WITNESS WHEREOF, each of the undersigned has executed this Agreement
day of d~/. ,2004.
Wimess
Robert C. Craumer
(SEAL)
Witness
Witness
Pamela C. Johnson
l~eLer R. Craumer
,(SEAL)
(SEAL)
(SEAL)
Wimess Patricia A. Craumer
on the
IN WITNESS WHEREOF, each of the undersigned has executed this Agreement
· day of ~ tg~/-~0r, 2004.
Witness
Robert C. Craumer
.(SEAL)
Witness
Pamela C. Johnson
(SEAL)
Witness
Witness ' '~'
Peter R. Craumer
(SEAL)
(SEAL)
Patricia A. Craumer
COMMONWEALTH OF PENNSYLVANIA:
: SS:
COUNTY OF'-'-- ' '~(Z.~;h') ·
On this, the 7?_~day offS, 2004, before me, a Notary Public, in and for the
Commonwealth of Pennsylvania, the undersigned officer, personally appeared ROBERT C.
CRAUMER, known to me (or satisfactorily proven) to be the person whose name is subscribed to
the within Agreement and acknowledged that he executed the same for the purposes therein
contained.
IN WITNESS WHEREOF, I hereunto set my hand and official seal.
Ngt~try Public .... --~----
My Commission Expires:
(SE^L)
(SEAL)
Nolarinl Seal
Kimbefiy A. Meals, Notnn/Public
City Of Han~sburg, Dauphin County
I~ C, ommission Expires Mar. 11,2007
STATE OF '~/~ f-~ ~ ~ ·
· SS:
COUNTY OF ~,&%a ~ ·
~s, ~ ~ day of ~, 2004, before me, a No~ Public, in ~d for ~e
On
Co~onwe~ of ~ ~¢ ~dersi~¢d o~c¢r, person~ly ap~ed P~LA C.
JONSON, ~o~ to me (or satisfactorily proven) to be ~ person whose nme is subscribed to
· e ~n A~eement ~d ac~owledged ~at she executed ~e s~e for ~e p~oses ~erein
con, ned.
IN WITNESS WHEREOF, I hereunto set my hand and official seal.
~y Public ' ! '
(SEAL)
My Commission Expires:
(SEAL)
STATE OF :
: SS:
COUNTY OF :
On this, th~ day of_._~-xlX,'[ ,,~ ,2004, before me, a Notary Public, in and for the
JT~T~ of: Fz~m0A ' -
C ................ e .... j,,_ua, the undersigned officer, personally appeared PETER R.
CRAUMER, known to me (or satisfactorily proven) to be the person whose name is subscribed to
the within Agreement and acknowledged that he executed the same for the purposes therein
contained.
IN WITNESS WHEREOF, I hereunto set my hand and official seal.
My Commission Expires:
(SEAL)
EXPIRES: June 25, 2~
Bon~d Thru N~ta~ Pub ic Unde~riters
STATE OF ·
· SS:
COUNTY OF ·
On this, the~day of~-~_ :6_0ft..(~,, 2004, before me, a Notary Public, in and for the
Commonwealth of Pennsylvania, the undersigned officer, personally appeared PATRICIA
CRAUMER, known to me (or satisfactorily proven) to be the person whose name is subscribed to
the within Agreement and acknowledged that she executed the same for the purposes therein
contained.
IN WITNESS WHEREOF, I hereunto set my hand and official seal·
Notary P~ubh'~'~ ~
My Commission Expires:
(SEAL)
DEBORAH A. PRA'I-r
NOTARY PUBLIC foer the State of Montana
Resding at Great Fa!Is, Montana
My Commission Expires January 31, 2006
(SEAL)
EXHIBIT A
Date of Death:
Date of Appointment:
Date of First Complete
Advertisement of Letters:
Accounting for the Period:
IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA
ORPHANS' COURT DIVISION
NO. 00744 of 2003
FIRST AND FINAL ACCOUNTING OF
Robert C. Craumer, Executor
For
ESTATE OF NATALIE D. CRAUMER, DECEASED
August 22, 2003
September 10, 2003
September 30, 2003
August 22, 2003
to November 30, 2003
Purpose of Account: Robert C. Craumer, Executor, offers this account to acquaint interested parties with the
transactions that have occurred during his administration.
The account also indicates the proposed distribution of the estate.
It is important that the account be carefully examined. Requests for additional information, or questions, or
objections, can be discussed with:
Stanley A. Smith, Esquire
Rhoads & Sinon LLP
One South Market Square
12th Floor P.O. Box 1146
Harrisburg, PA 17108-1146
(717) 233-5731
500132.1
Estate of lqaialie'D Craumer
Summary of Account
Principal
Receipts
Net Gain on Sales or Other Dispositions
Less Disbursements:
Federal & State Taxes
Balance Before Distributions
Less Distributions to Beneficiaries
Principal Balance On Hand
For Information:
Investments Made
Unpaid Expenses
Unrealized Gains and Losses
Income Receipts
Net Gain on Sales or Other Dispositions
Less Disbursements:
Balance Before Distributions
Less Distributions to Beneficiaries
Income Balance on Hand
For Information:
Investments Made
Unpaid Expenses
Unrealized Gains and Losses
Combined Balance on Hand'
Page
2
6
9
10
13
18
18
18
21
22
23
24
- 25
25
25
24,000.00
843,159.77
3,162.39
846,322.16
24,000.00
822,322.16
1,520.00
820,802.16
3,133.19
0.00
3,133.19
0.00
3,133.19
0.00
3,133.19
823,935.35
(1)
Estate of Naialie D Craumer
Receipts of Principal
FACE
25,000
No. of
Shares
11,963
4OO
114
494
1,000
Cash and Cash Equivalents
Resource Bank Virginia Beach
VA CD
Issue 6/14/02
Command Government Fund Class
A Money Market
Command Money Fund Class AX
Money Market
Morgan Stanley Money Market
Account No.: 410 028231 002
Total Cash and Cash Equivalents
Stocks
Allied Irish Bks P L C
Adr Spons Ord
New York Stock Exchange
Dividend at Date of Death
Avx Corp New
Common
New York Stock Exchange
Citigroup Inc
Common
New York Stock Exchange
Firstenergy Corp
Common
New York Stock Exchange
Dividend at Date of Death
Ppl Cap Fdg Tr I
Pre Eq Un % Pe
New York Stock Exchange
Inventory Value
08122/2003
25,946.00
485.00
633.00
17,377.41
$
Inventory Value
0812212003
330,776.95
5,139.19
4,860.00
4,974.96
14,032.07
185.25
19,675.00
44,441.41
(2)
Receipts of Principal (Continued)
No. of
Shares
200
400
400
300
100
Par
Value
1 O, 000
100,000
50,000
Stocks
Prudential Finl Inc
Common
New York Stock Exchange
Rite Aid Corp
Common
New York Stock Exchange
Tyco Intl Ltd New
Common
New York Stock Exchange
Verizon Communications
Common
New York Stock Exchange
Visteon Corp
Common
New York Stock Exchange
Dividend at Date of Death
Total Stocks
Bonds, Debentures & T-Bills
Conewago VY Sch District PA
Ser-A
Interest to Date of Death
General Electr£c Capital Corp
Interest to Date of Death
International Business Machs
Deb 08.375
New York Stock Exchange Bonds
Interest to Date of Death
Inventory Value
08122/2003
7,244.00
1,828.00
8,192.00
10,695.00
638.00
6.00
$
Inventory Value
0812212003
10,200.05
195.94
98,607.50
280.50
63,093.75
1,291.15
408,246.42
(3)
Receipts of Principal (Continued)
Par
Value
50,000
50
No. of
Shares
2,168.35
1,049.351
203
2,170.057
Bonds, Debentures & T-Bills
United Parcel Service
Debenture
Interest to Date of Death
United States Svdtd 10/01/99
10/1/99-10/1/16
Us Savings Bonds E, Ee, H, Hh
Total Bonds, Debentures & T-Bills
Tangible Personal Property
1990 Oldsmobile Cutlass
Supreme
Total Tangible Personal Property
Mutual Funds
Dmc Tax Free Income Tr Pa
Sh Ben Int C1 A
Mutual Funds, Money Market Fds
Dividend at Date of Death
Eaton Vance Mut Fds Tr
Tax Mng Gr Fd A
Mutual Funds, Money Market Fds
Ishares Tr
Russl 2000 Val
American Stock Exchange
Morgan Stanley Hi Yld Secs
C1 B
Mutual Funds, Money Market Fds
Dividend at Date of Death
Inventory Value
0812212003
63,349.25
1,640.10
29.56
Inventory Value
0812212003
1,520.00
Inventory Value
08~22~2003
17,151.65
67.52
19,654.34
28,405.79
3,580.59
19.96
238,687.80
1,520.00
(4)
Receipts of Principal (Continued)
No. of
Shares
Mutual Funds
2,381.872
Morgan Stanley Mult St Mun
Pa Ser
Mutual Funds, Money Market Fds
6,103.568
Morgan Stanley Us Govt Secs
Sh Ben Int Cl B
Mutual Funds, Money Market Fds
Total Mutual Funds
Total Receipts of Principal
Inventory Value
08~22~2003
25,414.57
55,969.72
150,264.14
843,159.77
(5)
Estate of Natalie D Craumer
Gains and Losses on Sales or Other Dispositions of Principal
Net Gain
09/25/2003 Sale
1,000 Shares
Ppl Cap Fdg Tr I
Pre Eq Un % Pe
New York Stock Exchange
Net Proceeds $
Inventoried at
20,343.77
19,675.00 $ 668.77
09/30/2003 Sale
Command Government Fund Class
A Money Market
Net Proceeds $
Carried at
185.00
185.00
09/30/2003 Sale
Command Money Fund Class AX
Money Market
Net Proceeds $
Carried at
277.75
277.75
09/30/2003 Sale
100,000 Par
General Electric Capital Corp
Inventoried at $
Net Proceeds
98,607.50
96,298.98
10/21/2003 Collection
Morgan Stanley Money Market
Account No.: 410 028231 002
Net Proceeds $
Carried at
17,377.41
17,377.41
11/05D003 Sale
1,563 Shares
Allied Irish Bks P L C
Adr Spons Ord
New York Stock Exchange
Net Proceeds $
Inven~ried at
45,851.01
43,216.95 2,634.06
Net Loss
2,308.52
(6)
11/05/2003
Gains and Losses on Sales or Other Dispositions of Principal (Continued)
Net Gain
Sale
1,400 Shares
Allied Irish Bks P L C
Adr Spons Ord
New York Stock Exchange
Net Proceeds $
Inventoried at
40,878.08
38,710.00
$ 2,168.08
$ 5,470.91
$ 3,162.39
Net Loss
Total Gains and Losses
Net Gain
$ 2,308.52
(7)
Estate of Nat'alie D Craumer
Disbursements of Principal
Date Paid
11/19/2003
Federal and State Taxes
Cumberland County
Register of Wills, Agent
Prepayment of Inheritance
Tax
Total Federal and State Taxes
Total Disbumements of Principal
Amount Paid
$ 24,000.00
$ 24,000.00
$ 24,000.00
(8)
Estate of Natalie D Craumer
Distributions of Principal to Beneficiaries
Distribution Value
Robert C. Craumer
10/24/2003 1990 Oldsmobile Cutlass
Supreme
Total Distributions of Principal
1,520.00
$ 1,520.00
$ 1,520.00
(9)
Estate of Natalie D Craumer
Principal Balance On Hand
Valued as of November 30, 2003
Face
Value
25,000
Cash and Cash Equivalents
Resource Bank Virginia Beach
VA CD
Issue 6/14/02
Command Government Fund Class
A Money Market
Command Money Fund Class AX
Money Market
Prudential Securities
Estate Account No.:
044-341581-87
Inventory Value
25,946.00
300.00
355.25
155,597.11
No. of
Shares
9,000
400
114
1,000
494
Total Cash and Cash Equivalents
Stocks
Allied Irish Bks P L C
Adr Spons Ord
New York Stock Exchange
Avx Corp New
Common
New York Stock Exchange
Citigroup Inc
Common
New York Stock Exchange
Fannie Mae 5.50% Non Cum Pref
Stk Ser N
Firstenergy Corp
Common
New York Stock Exchange
Dividend at Date of Death
248,850.00
4,860.00
4,974.96
50,255.25
14,032.07
185.25
182,198.36
(10)
Principal Balance On Hand (Continued)
No. of
Shares
200
400
400
300
100
Stocks
Prudential Finl Inc
Common
New York Stock Exchange
Rite Aid Corp
Common
New York Stock Exchange
Tyco Intl Ltd New
Common
New York Stock Exchange
Verizon Communications
Common
New York Stock Exchange
Visteon Corp
Common
New York Stock Exchange
Inventory Value
7,244.00
1,828.00
8,192.00
10,695.00
638.00
Par
Value
10,000
50,000
50,000
50
Total Stocks
Bonds, Debentures & T-Bills
Conewago VY Sch District PA
Ser-A
International Business Machs
Deb 08.375
New York Stock Exchange Bonds
United Parcel Service
Debenture
United States Svdtd 10/01/99
10/1/99-10/1/16
Us Savings Bonds E, Ee, H, Hh
10,200.05
63,093.75
63,349.25
29.56
351,754.53
Total Bonds, Debentures & T-Bills
136,672.61
(11)
Principal Balance On Hand (Continued)
No. of
Shares
2,168.35
1,049.351
203
2,170. O57
2,381.872
6,103.568
Mutual Funds
Dmc Tax Free Income Tr Pa
Sh Ben Int C1 A
Mutual Funds, Money Market Fds
Eaton Vance Mut Fds Tr
Tax Mng Gr Fd A
Mutual Funds, Money Market Fds
Ishares Tr
Russl 2000 Val
American Stock Exchange
Morgan Stanley Hi Yld Secs
Cl B
Mutual Funds, Money Market Fds
Morgan Stanley Mult St Mun
Pa Ser
Mutual Funds, Money Market Fds
Morgan Stanley Us Govt Secs
Sh Ben Int C1 B
Mutual Funds, Money Market Fds
Inventory Value
17,151.65
19,654.34
28,405.79
3,580.59
25,414.57
55,969.72
Total Mutual Funds
Total Balance on Hand
$ 150,176.66
$ 820,802.16
(12)
Estate of Natalie D Craumer
Information Schedules - Principal
New Investments
Fannie Mae 5.50% Non Cum Pref
Stk Ser N
09/30/2003 1,000 Shs.
Total New Investments
Purchased
Inventory
Value
$ 50,255.25
$ 50,255.25
Exchanges and Stock Distributions
1990 Oldsmobile Cutlass Supreme
08/22/2003
10/24/2003
Received
Distribution
To Robert C. Craumer
Inventory
Value
1,520.00
(1,520.00)
Allied Irish Bks P L C
Adr Spons Ord
New York Stock Exchange
08/22/2003 11,963
11/05/2003 (1,563)
10,400
11/05/2003 (1,400)
Shs.
Shs.
Shs.
Shs.
9,000 Shs.
Avx Corp New
Common
New York Stock Exchange
08/22/2003 400
Shs.
400 Shs.
Resource Bank Virginia Beach VA
CD
Issue 6/14/02
08/22/2003 25,000 Par
25,000 Par
Received
Sold
On Hand
Sold
On Hand
Received
On Hand
Received
On Hand
$ 330,776.95
(43,216.95)
$ 287,560.00
(38,710.00)
$ 248,850.00
$ 4,860.00
$ 4,860.00
$ 25,946.00
$ 25,946.00
(13)
Information Schedules - Principal (Continued)
Exchanges and Stock Distributions
Citigroup Inc
Common
New York Stock Exchange
08/22/2003 114
Shs.
114 Shs.
Conewago VY Sch District PA
Ser-A
08/22/2003 10,000 Par
10,000 Par
Dmc Tax Free Income Tr Pa
Sh Ben Int C1 A
Mutual Funds, Money Market Fds
08/22/2003 2,168.35 Shs.
2,168.35 Shs.
Eaton Vance Mut Fds Tr
Tax Mng Gr Fd A
Mutual Funds, Money Market Fds
08/22/2003 1,049.351 Shs.
1,049.351 Shs.
Fannie Mae 5.50% Non Cum ?ref
Stk Ser N
09/30/2003 1,000 Shs.
1,000 Shs.
Firstenergy Corp
Common
New York Stock Exchange
.08/22/2003 494
Shs.
494 Shs.
Received
On Hand
Received
On Hand
Received
On Hand
Received
On Hand
Purchased
On Hand
Received
On Hand
Inventory
Value
$ 4,974.96
$ 4,974.96
$ 10,200.05
$ 10,200.05
$ 17,151.65
$ 17,151.65
$ 19,654.34
$ 19,654.34
$ 50,255.25
$ 50,255.25
$ 14,032.07
$ 14,032.07
(14)
Information Schedules - Principal (Continued)
Exchanges and Stock Distributions
General Electric Capital Corp
08/22/2003 100,000 Par
09/30/2003 (100,000) Par
International Business Machs
Deb 08.375
New York Stock Exchange Bonds
08/22/2003 50,000 Par
50,000 Par
Ishares Tr
Russl 2000 Val
American Stock Exchange
08/22/2003 203
Shs.
203 Shs.
Morgan Stanley Hi Yld Secs
C1 B
Mutual Funds, Money Market Fds
08/22/2003 2,170.057 Shs.
2,170.057 Shs.
Morgan Stanley Mult St Mun
Pa Ser
Mutual Funds, Money Market Fds
08/22/2003 2,381.872 Shs.
2,381.872 Shs.
Morgan Stanley Us Govt Secs
Sh Ben Int C1 B
Mutual Funds, Money Market Fds
08/22/2003 6,103.568 Shs.
6,103.568 Shs.
Received
Sold
Received
On Hand
Received
On Hand
Received
On Hand
Received
On Hand
Received
On Hand
Inventory
Value
$ 98,607.50
(98,607.50)
$ 63,093.75
$ 63,093.75
$ 28,405.79
$ 28,405.79
$ 3,580.59
$ 3,580.59
$ 25,414.57
$ 25,414.57
$ 55,969.72
$ 55,969.72
(15)
Information Schedules - Principal (Continued)
Exchanges and Stock Distributions
Ppl Cap Fdg Tr I
Pre Eq Un % Pe
New York Stock Exchange
08/22/2003 1,000
09/25/2003 (1,000)
Shs.
Shs.
Prudential Finl Inc
Common
New York Stock Exchange
08/22/2003 200
Shs.
200 Shs.
Rite Aid Corp
Common
New York Stock Exchange
08/22/2003 400
Shs.
400 Shs.
Tyco Intl Ltd New
Common
New York Stock Exchange
08/22/2003 400
Shs.
400 Shs.
United Parcel Service Debenture
08/22/2003 50,000 Par
50,000 Par
United States Svdtd 10/01/99
10/1/99-10/1/16
Us Savings Bonds E, Ee, H, Hh
08/22/2003 50 Par
50 Par
Received
Sold
Received
On Hand
Received
On Hand
Received
On Hand
Received
On Hand
Received
On Hand
Inventory
Value
$ 19,675.00
(19,675.00)
$ 7,244.00
$ 7,244.00
$ 1,828.00
$ 1,828.00
$ 8,192.00
$ 8,192.00
$ 63,349.25
$ 63,349.25
$ 29.56
$ 29.56
(16)
Information Schedules - Principal (Continued)
Exchanges and Stock Distributions
Verizon Communications
Common
New York Stock Exchange
08/22/2003 300
Shs.
300 Shs.
Visteon Corp
Common
New York Stock Exchange
08/22/2003 100
Shs.
100 Shs.
Received
On Hand
Received
On Hand
Inventory
Value
$ 10,695.00
$ 10,695.00
$ 638.00
$ 638.00
(17)
Estate ofNhtfilie D ~Craumer
Receipts of Income
Income Collected
Allied Irish Bks P L C
Adr Spons Oral
New York Stock Exchange
10/01/2003 Dividend on 11,963 Shares
Less accrued portion
Avx Corp New
Common
New York Stock Exchange
11/14/2003 Dividend on 400 Shares
Citigroup Inc
Common
New York Stock Exchange
11/25/2003 Dividend on 114 Shares
Command Government Fund Class A
Money Market
09/25/2003 Interest
Conewago VY Sch District PA Ser-A
10/07/2003 Interest on 10~000 Par
Less accrued portion
Dmc Tax Free Income Tr Pa
Sh Ben Int CIA
Mutual Funds, Money Market Fd$
10/07/2003 Interest on 2,168 35 Shares
Less accrued port£on
10/24/2003 Interest on.2.168.35 Shares
hess accruea portion
5,139.19
(5,139.19)
15.00
39.90
0.02
206.25
(195.94)
67.42
(67.42)
64.93
(0.10)
0.00
15.00
39.90
0.02
10.31
(18)
Receipts of Income (Continued)
Dmc Tax Free Income Tr Pa
Sh Ben Int CIA
Mutual Funds, Money Market Fds
11/25/2003 Interest on 2,168.35 Shares
General Electric Capital Corp
09/23/2003 Interest on 100,000 Par
Less accrued portion
International Business Machs
Deb 08.375
New York Stock Exchange Bonds
11/03/2003 Interest on 50,000 Par
Less accrued portion
Morgan Stanley Hi YId Secs
Cl B
Mutual Funds, Money Market Fds
10/03/2003 Dividend on 2,170,057 Shares
Less accrued portion
10/31/2003 Dividend on 2,170.057 Shares
11/28/2003 Dividend on 2,170.057 Shares
Morgan Stanley Mult St Mun
Pa Ser
Mutual Funds, Money Market Fds
10/30/2003 Interest on 2,381.872 Shares
11/26/2003 Interest on 2,381.872 Shares
67.24
280.50
(280.50)
2,093.75
(1,291.15)
19.96
(19.96)
19.96
19.96
103.36
80.09
132.07
0.00
802.60
39.92
183.45
(19)
Receipts of Income (Continued)
Morgan Stanley Us Govt Secs
Sh Ben Int CI B
Mutual Funds, Money Market Fds
10/30/2003 Dividend on 6,103.568 Shares
11/26/2003 Dividend on 6,103.568 Shares
Prudential Securities
Estate Account No.: 044-341581-87
09/23/2003 Miscellaneous Income
10/03/2003 Miscellaneous Income
10/24/2003 Miscellaneous Income
11/19/2003 Miscellaneous Income
11/25/2003 Miscellaneous Income
United Parcel Service Debenture
10/02/2003 Interest on 50,000 Par
Less accrued portion
Verizon Communications
Common
New York Stock Exchange
11/03/2003 Dividend on 300
Shares
Visteon Corp
Common
New York Stock Exchange
10/07/2003 Dividend on 100 Shares
Less accrued portion
Total Income Received
177.32
140.58
659.20
266.27
3.57
3.60
90.23
2,093.75
(1,640.10)
115.50
6.00
(6.00)
317.90
1,022.87
453.65
115.50
0.00
3,133.19
(2O)
Estate of Natalie D Craumer
Gains and Losses on Sales or Other Dispositions of Income
Net Gain
Net Loss
No Gain or Loss
$ 0.00
(21)
Estate of Natalie D Craumer
Disbursements of Income
Date Paid
Amount Paid
Total Disbursements of Income
0.00
(22)
Estate of Natalie D Craumer
Distributions of Income to Beneficiaries
Distribution Value
Total Distributions of Income
0.00
(23)
Face
Value
Estate of Natalie D Craumer
Income Balance On Hand
Valued as of November 30, 2003
Inventory Value
Cash and Cash Equivalents
Prudential Securities
Estate Account No.:
044-341581-87
3,133.19
Total Cash and Cash Equivalents
Total Balance on Hand
$ 3,133.19
$ 3,133.19
(24)
PROPOSED SCHEDULE OF DISTRIBUTION
Cash Balance on Hand
Less Reserves:
Rhoads & Sinon LLP Out of Pocket Expenses 938.03
Rhoads & Sinon LLP Attorney's Fees 19,500.00
Balance Due Pennsylvania Inheritance Tax 2,054.80
Reimbursement to Robert C. Craumer for
Funeral Expenses to Musselman Funeral Home
& Rolling Green Cemetery 8,204.08
$158,730.30
TOTAL RESERVES
TOTAL CASH BALANCE ON HAND
500109.1
TO:
Wachovia Bank, National Association and
Robert C. Craumer, Co-Trustees of the Unified Credit Trust
created under ITEM 2 of the decedent's will
Principal
25,000 shs
9,000 shs
400 shs
114 shs
1,000 shs
494 shs
200 shs
400 shs
400 shs
300 shs
100 shs
10,000 shs
50,000 shs
50,000 shs
50 shs
2,168.35 shs
1,049.351 shs
203 shs
2,170.057shs
Resource Bank Virginia Beach
Allied Irish
Avx Corp
Citigroup Inc.
Fannie Mae
Firstenergy Corp
Prudential Finl
Rite Aid Corp
Tyco Intl
Verizon Communications
Visteon Corp
Conewago VY Sch District PA
International Business Machs
United Parcel Service
United States Savings Bond
Dmc Tax Free
Eaton Vance Mut Fds
Ishares
Morgan Stanley Hi Yld
Fair Market
Value 11/30/03
25,946.00
265,905.00
6,094.00
5,387.93
50,255.25
17,082.52
7,907.50
2,488.00
9,219.00
9,797.25
812.50
10,301.45
64,593.75
64,286.46
29.80
17,607.00
21,008.01
31,882.67
3,819.30
Inventory
Value
25,946.00
248,850.00
4,860.00
4,974.96
50,255.25
14,032.07
7,244.00
1,828.00
8,192.00
10,695.00
638.00
10,200.05
63,093.75
63,349.25
29.56
17,151.65
19,654.34
28,405.79
3,580.59
Principal
2,381.872shs
6,103.568shs
Cash
TOTAL
Principal
Income
TOTAL BALANCE ON HAND
Morgan Stanley Mult St
Morgan Stanley Us Govt Secs
Total
Fair Market
Value 11/30/03
26,129.14
56,152.83
696,705.36
124,900.20
3,133.19
$128.033.39
Inventory
Value
25,414.57
55,969.72
664,549.80
124,900.20
3,133.19
AFFIDAVIT
Robert C. Craumer, Executor under the Last Will and Testament of Natalie D. Craumer, deceased,
hereby declares under oath that he has fully and faithfully discharged the duties of his office; that the foregoing
Account is true and correct and fully discloses all significant transactions occurring during the accounting
period; that all known claims against the Estate have been paid in full; that, to his knowledge, there are no
claims now outstanding against the Estate; that all taxes presently due from the Estate have been paid; and that
more than four months have elapsed since the first complete advertisement of the granting of letters in this
Estate.
R0bert/CrC~umer, Executor
Swom to and subscribed before me thisbe]/~ day of
NdTAR-Y PUB~I~2 '
MY COMMISSION EXPIRES:
(SEAL)
Notarial Seal
Kimbefly A. Meals, Notary Public
City Of Hanisburg, Dauphin County
My Commission Expires Mar. 11, 2007
BUREAU OF INDIVIDUAL TAXES
/NHER/TANCE TAX DTVZSZON
DEPT. Z80601
HARRISBURG, PA 171Z8-0601
COHHONWEALTH OF PENNSYLVANIA
BEPARTHENT OF REVENUE
NOTZCE OF DETERHZNATZON AND
ASSESSHENT OF PENNSYLVANZA
ESTATE TAX BASED ON FEDERAL
ESTATE TAX RETURN
REV-C83 EX AFP ¢01-03)
DATE 02-2~-Z004
ESTATE OF CRAUHER
DATE OF DEATH 08-22-2005
FILE NUHBER 21 05-074¢
COUNTY CUNBERLAND
ACN 201
Amoun'l: Remi'l:'l:ed
NATALIE D
HAKE CHECK PAYABLE AND REHZT PAYHENT TO:
REGISTER OF WILLS
CUHBERLAND CO COURT HOUSE
CARLISLE, PA 17013
NOTE: To insure proper credi~c ~o your account, submi~ ~he upper portion of ~his fore wi'Ich your ~ax payment.
CUT ALONG THZS LZNE I~- RETAZN LOWER PORTZON FOR YOUR FZLES ~
REV-483 EX AFP (01-03) NN NOTICE OF DETERHZNATZON AND ASSESSHENT
OF PENNSYLVANZA ESTATE TAX BASED ON FEDERAL ESTATE TAX RETURN ~x
ESTATE OF CRAUHER NATALIE D FILE NO.Z1 03-07~ ACN 201 DATE 02-2~-200~
ESTATE TAX DETERMINATION
1. Credit For State Death Taxes as Verified .00
Z. Pennsylvania Inheritance Tax Assessed
(Excluding Discount and/or Interest)
$. Inheritance Tax Assessed by Other States .00
or Territories of the United States
(Excluding Discount and/or Interest)
~. Total Inheritance Tax Assessed Z6zO09.05
5. Pennsylvania Estate Tax Due .00
TAX CREDITS:
26/009.05
PAYHENT RECEIPT DISCOUNT (+)
DATE NUHBER INTEREST/PEN PAID (-) AHOUNT PAID
~ZF PAID AFTER THIS DATE, SEE REVERSE SIDE
FOR CALCULATZON OF ADDZTZONAL INTEREST.
TOTAL TAX CREDIT
BALANCE OF TAX DUEI
INTEREST AND PEN.
TOTAL DUE
.00
.00
.00
.00
(IF TOTAL DUE ZS LESS THAN $1, NO PAYNENT ZS REQUZRED
ZF TOTAL DUE ZS REFLECTED AS A "CREDZT" (CR), YOU HAY BE
DUE A REFUND. SEE REVERSE SIDE OF THZS FORN FOR INSTRUCTIONS.)
PURPOSE OF
NOTICE:
PAYMENT:
REFUND (CR):
OBJECTIONS:
ADMIN-
ISTRATIVE
CORRECTIONS:
PENALTY:
INTEREST:
To fulfill the requirements of Section ZlqO (b) of the Inheritance and Estate Tax Act, Act Z2 of ZOO0.
(TI P.S. Section 9140).
Detach the tap port[on of this Notice and submit with yaur payment to the Register of Wills printed an the
reverse side.
-- Make check or money order payable to: REGISTER OF MILLS) AGENT.
A refund of a tax credit may ba requested by completing an "Application for Refund of Pennsylvania
Inheritance and Estate Tax" (REV-1315). Applications are available at the Office of the Register of WiZIs,
any of the 22 Revenue District Offices or from the Department's Z~-haur answering service for forms ordering:
1-800-$6Z-2050~ services for taxpayers with spec[aZ hearing and / or speaking needs: Z-800-4qT-SOZO (TT only).
Any party in interest not satisfied with the assessment of tax as shown on this notice may object within
sixty (60) days of receipt of this Notice by:
--written protest to the PA Department of Revenue, Board of Appeals, Dept. ZBiOZ1, Harrisburg) PA 17128-Z021,
--electing to have the matter determined at audit of the persona[ representative, OR
--appeal to the Orphans' Court.
OR
Factua! errors discovered on this assessment should bm addressed in writing to: PA Department of Revenue,
Bureau of ZndividuaI Taxes, ATTN: Post Assessment Review Unit, Dept. 280601, Harrisburg, PA 17128-0601,
Phone (717) 787-6505. See page 5 of the booklet "Instructions for Inheritance Tax Return for a Resident
Decedent" (REV-IS01) for an explanation of administratively correctable errors.
The 15Z tax amnesty non-participation penalty is computed on the total of tho 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 seam manner and in the the same tiaa period as you would appeal the tax and interest
that has been assessed as indicated on this notice.
For dates of death on or after 10-3-91) Pennsylvania Estate Tax based on the Federal Estate Tax
return becomes delinquent at the expiration of nine ¢09} months from the date of death.
For dates of death prior to 10-3-91, Pennsylvania Estate Tax based on the Federal Estate Tax return
becomes delinquent at the expiration of eighteen [lB) months from the date of death.
Taxes which became delinquent before January 1, 19BZ bear interest at the rate of six (6Z) percent per annum
calculated at a daily rate of .00016fi. All taxes which became delinquent on or after January 1) 19BI 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 19BI through 2003 are:
Interest Daily Interest Daily Interest Daily
Year Rate Factor Yea~ Rate Factor Yea~ Rate Factor
19&Z 20Z .00054& 1987 9X .o00gq7 1999 7Z .00019Z
1982 16X .O00q2& 1988-1991 llZ .00030X ZOO0 8X .000219
1984 112 .000201 1992 9Z .000Z47 2001 9Z .000247
1985 152 .000356 1993-1994 72 .000192 200Z 6Z .00016~
1986 lOX .O00ZTq 1995-1998 9Z .O00Zq7 2003 5Z .000137
--Interest is calculated as Follows:
INTEREST = BALANCE OF TAX UNPAID X NUFFBER OF DAYS DELINQUENT X DALLY INTEREST FACTOR
--Any Notice issued after the tax becomes delinquent will reflect an interest calculation to fifteen (IS) days
beyond the date Df the assessment. If payment is made after the interest computation date shown on the
Notice, additional interest must be caZculated.
BUREAU OF INDIVIDUAL TAXES
ZNHERXTANCE TAX DTV/SZON
DEPT. ;'80601
HARRTSBURG, PA 17128-060!
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
'rNHERZTANCE TAX
STATEMENT OF ACCOUNT
REV-160? EX AFP (01-OS)
STANLEY A SMITH ESQ
RHOADS &SINON
PO BOX 1146
HBG
_ . . ~ATE
~i ,;i*,o~ESTATE OF
~"'"°DATE OF DEATH
FILE NUMBER
FEB 27 P 1 ~NTY
'04
PA
171O8
'~,.~,~,,,.~., ~ Co., PA
L;L~ ~" ' :3/i: i
02-25-Z004
CRAUMER
08-II-ZOOS
21 05-0744
CUMBERLAND
101
Amoun't Remi~:'t:ed
NATALIE D
HAKE CHECK PAYABLE AND REMIT PAYHENT TO:
REGISTER OF WILLS
CUMBERLAND CO COURT HOUSE
CARLISLE, PA 17015
NOTE: To insure proper credi~ ~o your account, submi~ ~he upper portion of ~his fore wi~h your ~ax payment.
CUT ALONG TH'rS L'rNE ~ RETA'rN LOWER PORTTON FOR YOUR RECORDS *~
ESTATE OF CRAUMER NATALIE D F'rLE NO. 21 05-0744 ACN 101 DATE 02-25-2004
THTS STATEHENT IS PROVIDED TO ADV/SE OF THE CURRENT STATUS OF THE STATED ACM TN THE NAMED ESTATE. SHONN BELOW
TS A SUHHARY OF THE PR/NC/PAL TAX DUE, APPLICATTON OF ALL PAYMENTS, THE CURRENT BALANCE, AND, TF APPLTCABLE,
A PROJECTED INTEREST FIGURE.
DATE OF LAST ASSESSMENT OR RECORD ADJUSTMENT: 02-24-2004
PRINCIPAL TAX DUE: ...........................................................................................................................................................................................................................
PAYMENTS (TAX CREDITS):
27,272.21
PAYMENT RECEIPT DISCOUNT C+)
DATE NUMBER INTEREST/PEN PAID (-) AMOUNT PAID
1,265.16
11-20-2005
01-08-2004
CD005259
CD005419
.00
Z4,000.O0
2,072.21
IF PAID AFTER THIS DATE, SEE REVERSE
S/DE FOR CALCULATION OF ADDITIONAL INTEREST.
ZF TOTAL DUE IS LESS THAN $1,
NO PAYMENT IS REQUIRED.
IF TOTAL DUE ZS REFLECTED AS A "CREDIT" (CR),
TOTAL TAX CREDIT 27,335.37
BALANCE OF TAX DUE 65.16CR
ZNTEREST AND PEN. .00
TOTAL DUE 65.16CR
YOU HAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORH FOR TNSTRUCT/ONS. )
PAYMENT:
Detach the top portion of this Notice and submit with your payment made payable to the name and address
printed on the reverse side.
-- If RESIDENT DECEDENT make check or money order payable to: REGISTER OF #ILLS, AGENT.
-- If NON-RESIDENT DECEDENT make check or money order payable to: COMMONWEALTH OF PENNSYLVANIA.
REFUND [CR): A refund of a tax credit) which was not requested on the Tax Return, may be requested by completing an
"Application for Refund of Pennsylvania Inheritance and Estate Tax" [REV-1515). Applications ara available at
the Office of the Register of Hills, any of the Z$ Revenue District Offices or from the Department's Z4-hour
answering service for forms ordering: 1-800-36Z-lOS0; services for taxpayers ~ith special hearing and / or
speaking needs: 1-800-qq7-3OgO (TT only).
REPLY TO:
guestions regarding errors contained on this notice should be addressed to: PA Department cf Revenue) Bureau
of Individual Taxes, ATTN: Post Assessment Revise Unit) Dept. IS0601, Harrisburg, PA 171Z8-060I, phone
[7[7) 787-650S.
DISCOUNT: If any tax due is paid .ithln three (3) calendar months after the decedent's death, · five percent (5Z) discount
of the tax paid is allo~ed.
PENALTY:
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.
INTEREST:
Interest is charged beginning aith first day of delinquency, or nine (9) months and one (1) day from the date of
death, to the date of payment. Taxes ahich became delinquent before January l, 198Z bear interest at the rate of
six (6X) percent per annum calculated at a daily rate of .00016~. All taxes which became delinquent on and after
January 1, 1982 will bear interest at a rate ~hich will vary from caZendar year to calendar year with that rate
announced by the PA Department of Revenue. The applicable interest rates for 198Z through Z003 ara:
Interest Daily Interest Daily Interest
Year Rate Factor Year Rate Factor Year Rate
Daily
Factor
1982 ZOZ .0005q8 1987 92 .O00Zq7 1999 7Z .O0019Z
1983 16Z .000638 1988-1991 1XZ .000301 ZOO0 8Z .000Z19
1986 llZ .000301 199Z 9Z .O00267 ZOO1 9Z .oogzq7
1985 13Z .000356 1993-1996 72 .00019Z ZOOZ 62 .000166
ZOO3 SZ .000137
1986 lOX .000Z76 1995-1998 9Z .000Z67
--Interest is calculatad as follows:
[NTEREST= BALANCE OF TAX UNPAI'D X NUHBER OF DAYS DELTNQUENT X DA/LY /NTEREST 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 shoNn on the
Notice, additional interest must be calculated.
BUREAU OF INDIVIDUAL TAXES
TNHERZTANCE TAX DZVZSTON
DEPT. 280601
HARRTSBURG, PA 17zZS-O60Z
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
INHERITANCE TAX
STATEMENT OF ACCOUNT
'04 ~?R 20 ~l :33
STANLEY A SMITH ESQ
RHOADS & SZNON
PO ~OX 11~6 C ~,
DATE
ESTATE OF
DATE OF DEATH
FILE NUMBER
COUNTY
ACM
REV-I~;O? EX AFP (OZ-O$)
0~-29-200~
CRAUMER NATALIE D
08-22-2005
21 05-0744
CUMBERLAND
I01
=, Amoun~ Remi~ed ]
HAKE CHECK PAYABLE AND REMIT PAYMENT TO:
REGISTER OF WILLS
CUMBERLAND CO COURT HOUSE
- CARLISLE, PA 1701:3
NOTE: To znsure proper cred/~ t:o your account, submit: 1:he upper portion of 1:his form wi~h your 1:ax Payment.
CUT ALONG THIS LINE ~ RETAIN LO
................................ WER PORTION FOR YOUR RECORDS .~
REV-1607 EX AFP (01-03)- ---~--:~i~.i'E-~¥A~[-~.~(--~.~.-f~;~i~:_N~.~.~_~O~__~ .....................
ESTATE OF CRAUNER NATALIE D F.TLE NO. 21 0:3-0744 ACN 101 DATE 0~-29-2004
TN'rs STATEHENT TS PROVTDED TO ADV'rSE OF THE CURRENT STATUS OF THE STATED ACM TN THE NAMED ESTATE. SHONN BELO#
ZS A SUMMARY OF THE PR/NCZPAL TAX DUE,
A PROJECTED /NTEREST FIGURE. APPLICATION OF ALL PAYMENTS, THE CURRENT BALANCE, AND, ZF APPLICABLE,
DATE OF LAST ASSESSMENT OR RECORD ADJUSTMENT: 02-17-2004
PRINCIPAL TAX DUE:
PAYMENTS (TAX CREDITS):
PAYMENT RECEIPT
DATE NUMBER
11-20-2005 CD005259
01-08-2004 CD005419
03-15-2004 REFUND
TCOUNT (+)
/PEN PAID (-
1,265.16
.00
.00
ZF PAID AFTER THIS DATE, SEE REVERSE
SIDE FOR CALCULATION OF ADDITIONAL INTEREST.
( ZF TOTAL DUE ZS LESS THAN
NO PAYHENT ZS REQUIRED.
ZF TOTAL DUE ZS REFLECTED AS A "CREDIT" (CR),
YOU HAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORH FOR INSTRUCTIONS.
27,272.21
AMOUNT PAID
24,000.00
2,072.2!
65.16-
TOTAL TAX CREDZT
BALANCE OF TAX DUE
INTEREST AND PEN.
TOTAL DUE
27,272.21
.00
.00
.00
COMMONWEALTH OF PENNSYLVANIA
D!:PARTMENT OF REVENUE
3lJREAU 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 003419
SMITH STANLEY A
P O BOX 1146
HARRISBURG, PA 17108-1146
........ fold
ESTATE INFORMATION: SSN: 577-34-5078
FILE NUMBER: 2103-0744
DECEDENT NAME: CRAUMER NATALIE D
DATE OF PAYMENT: 01/08/2004
POSTMARK DATE: 00/00/0000
COUNTY: CUMBERLAND
DATE OF DEATH: 08/22/2003
ACN
ASSESSMENT
CONTROL
NUMBER
AMOUNT
101 $2,072.21
TOTAL AMOUNT PAID:
$2,072.21
REMARKS: ROBERTCCRAUMER
SEAL
CHECK#102
INITIALS: VZ
RECEIVED BY:
GLENDA FARNER STRASBAUGH
DEPUTY REGISTER OF WILLS
REGISTER OF WILLS
pAYNENT:
Detach the top portion of this Notice and submit with your payment made payable to the name and address
printed on the reverse side.
-- If RESIDENT DECEDENT make check or money order payable to: REGISTER OF NILLS~ AGENT.
-- If NON-RESIDENT DECEDENT make check or money order payable to: COHNON#EALTH OF PENNSYLVANIA.
REFUND {CR): A refund of a tax credit, which was not requested on the Tax Return, may be requested by completing an
-Application for Refund of Pennsylvania Inheritance and Estate Tax" (REV-1513)- Applications are available at
the Office of the Register of Nills~ any of the Z3 Revenue District Offices or from the Department's Iq-hour
answering service for forms ordering: 1-800-36Z-ZOSO~ services for taxpayers with special hearing and / or
speaking needs: 1-BOO-qq7-3OZO (TT only).
REPLY TO: Ouestions regarding errors contained on this notice should be addressed to: PA Department of Revenue, Bureau
of Individual Taxes, ATTN: Post Assessment Review Unit, Dept. ZB0601, Harrisburg, PA lTIZB-060l, phone
(717) 7BT-BSOS.
if any tax duo is paid within three (3) calendar months after the decedant's death, a five percent (Si) discount
DISCOUNT:
of the tax paid is alXowed.
PENALTY: The 1SI tax amnesty non-participation penalty is computed on the total of the tax and interest assessed, and not
paid before January lB, 1996, the first day after the end of the tax amnesty period.
INTEREST:
Interest is charged beginning with first day of delinquency, or nine (9) months and one [1) day free the date of
death, to the date of payment. Taxes which became delinquent before January l~ 198Z bear interest at the rate of
six (BZ) percent par annum calculated at a daily rate of .00016~. Al1 taxes which became delinquent on and after
January I, 19Bi 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 ZOOq ara:
Interest
Daily
Interest Daily
Interest Daily Rate Factor
Year Rate Factor Year Rate Factor Year . .
~ ~ ~ 9Z .O00gq7
1982 ZOX .0005q8 198B-1991 11X .000301 2001
1963 16Z .000q38 1992 92 .0002~7 ZOOZ 6Z .00016~
19Bq X1g .000301 199~-199q 7Z .00019Z ZOO3 5Z .000137
1965 13Z .000356 1995-1996 9Z .O00Zq7 2004 qZ .OOOllO
1966 lOX .000Z74 1999 72 ,O0019Z
1987 9Z .O00Zq7 ZOOO BZ .O00Z19
--Interest is calculated as follows:
INTEREST = BALANCE OF TAX UNPAID X NUNBER OF DAYS DELINQUENT X DALLY INTEREST FACTOR
--Any Notice issued after the tax becomes delinquent will reflect an interest calculation to fifteen (153 days
beyond the date of the assessment. If payment is made after the interest computation date shown on the
Notice, additional interest must ba calculated.
Name of Decedent:
STATUS REPORT UNDER RULE 6.12
Natalie D. Craumer
Date of Death: August 22, 2003
Will No. Admin. No. 00744-2003
Pursuant to Rule 6.12 of the Supreme Court Orphans' Court Rules, I report the
following with respect to completion of the administration of the above-captioned estate:
1. State whether administration of the estate is complete:
Yes X No
2. If the answer is No, state when the personal representative reasonably
believes that the administration will be complete:
Yes
o
If the answer to No. 1 is Yes, state the following:
a. Did the personal representative file a final account with the Court?
No X
b. The separate Orphans' Court No. (if any) for the personal
representative's account is:
517343.1
Co
parties in interest? Yes
Did the personal representative state an account informally to the
X No
d. Copies of receipts, releases, joinders and approvals of formal or
informal accounts may be filed with the Clerk of the Orphans'~ourt and may be attached to this
report.
StanCh C,'uv
Stanley A. Smith
Name (Please type or prim)
Rhoads & Sinon, LLP
One South Market Square, 12th Floor
Harrisburg, PA 17101
Address
(717) 233-5731
Tel. No.
Capacity:.
X
Personal Representative
Counsel for personal
representative
BUREAU OF INDTVZDUAL TAXES
INHERZTANC£ TAX DIVXSION
DEPT. 280601
HARRISBURg, PA 17128-0601
COHHONWEALTH OF PENNSYLVANIA
DEPARTHENT OF REVENUE
NOTICE OF INHERITANCE TAX
APPRAISEMENT, ALLONANCE OR DZSALLONANCE
OF DEDUCTIONS AND ASSESSMENT OF TAX
REV-1547 EX AFP (Gl-n5)
STANLEY A SMITH ESQ
RHOADS & SINON
PO BOX llq6
HB$
FEB 27
DATE OF DEATH
FZLE NUMBER
P1-( DUNTY
'ACN
PA I710~3Umberland Co., PA
02-2q-200q
CRAUMER
08-ZZ-ZO05
21 05-07qq
CUMBERLAND
101
Amoun~ Remi~ed
NATALIE O
HAKE CHECK PAYABLE AND REMIT PAYMENT TO:
REGTSTER OF HILLS
CUMBERLAND CO COURT HOUSE
CARLISLE, PA 17013
CUT ALONG THIS LINE ~ RETATN LOWER PORTION FOR YOUR RECORDS ~
REV-1547 EX AFP (01-03) NOTICE OF INHERITANCE TAX APPRAZSEMENT, ALLOWANCE OR DZSALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX
ESTATE OF CRAUMER NATALIE D FILE NO. 21 03-07qq ACN 101 DATE 02-2q-200q
TAX RETURN NAS: (X) ACCEPTED AS FXLED ( ) CHANGED
RESERVATZON CONCERNXNG FUTURE XNTEREST - SEE REVERSE
APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN
1. ReeZ Es~a~e (Schedule A) (1)
2. S~ocks and Bonds (Schedule B) (2)
3. CloseZy Held S~ock/Par~nership Zn~eres~ (Schedule C) ($)
q. Mor~gages/No~es Receivable (Schedule D)
$. Cash/Bank Deposi~s/Misc. Personal Proper~y (ScheduZe E) ($)
6. Jointly Owned Proper*y (Schedule F) (6)
7. Transfers (Schedule G) (7)
8. To~el Asse~s
APPROVED DEDUCTIONS AND EXEMPTIONS:
9. Funeral Expenses/Adm. Costs/Misc. Expenses (Schedule H) (9)
10. Debts/Mortgage Liabili~ies/Liens (Schedule 1) (10)
11. To,al Deductions
12. Ne~ Value of Tax Re~urn
15.
lq.
NOTE:
.00
797;198.56
.00
.0O
q5~961 .ql
.00
.00
(8)
28,6q2.11
Charitable/Governmental Bequests; Non-elected 9115 Trusts (Schedule J)
Ne~ Value of Es~a~e Subjec~ ~o Tax
Zf an assesseent ~as issued previously, lines 1~, 15 and/or
.00
NOTE: To insure proper
credi~ ~o your account,
submi~ ~he upper portion
of ~his fora wi~h your
~ex payment.
8q5,159.77
(11) 28.6~2. ll
(12) 8lq, 517.66
(15) . O0
(1~) 8lq, 517.66
16, 17, 18 and 19 ~/i11
reflect figures that include the total of ALL returns assessed to date.
(15) 208,q68.55 x O0 = .00
(16) 606,0q9.11 x Oq5= 27,272.21
(17) . O0 x 12 = . O0
(18) .00 x 15 = .00
(19)= 27,272.21
AMOUNT PAID
ASSESSHENT OF TAX:
15. Amoun~ of Line lq a~ SpousaX ra~e
16. Amoun~ of Line Xq ~axmble a~ Lineal/Class A ra~e
17. Amoun~ of Line lq a~ SibZing ra~e
18. Amoun~ of Line lq ~axable a~ Collateral/Class B ra~e
19. Principal Tax Due
TAX CREDXTS:
PAYMENT RECETpT OT$COUNT (+)
DATE NUMBER TNTEREST/PEN pATD (-)
11-Z0-2005 CDO05Z59 1,265.16
PAYMENT MUST BE MADE BY 05-22-200q~.
IF PAXD AFTER DATE XNDXCATED, SEE REVERSE
FOR CALCULATION OF ADDZTZONAL INTEREST.
2q,O00.O0
TOTAL TAX CREDIT
BALANCE OF TAX DUE
INTEREST AND PEN.
TOTAL DUE
25,265.16
2,009.05
.00
2,009.05
( IF TOTAL DUE ZS LESS THAN $1, NO PAYMENT ZS REgUZRED.
ZF TOTAL DUE ZS REFLECTED AS A "CREDIT' (CR), YOU MAY BE DUE~ ~
A REFUND. SEE REVERSE SIDE OF THIS FORN FOR INSTRUCTIONS.) ~
RESERVATION:
Estates of decedents dying on or before December 1Z, 1982 -- if any future interest in the estate is transferred
in possession or enjoyment to Class B (collateral) beneficiaries of the decedent after the expiration of any estate for
life or for years, the Commonwealth hereby expressly reserves the right to appraise and assess transfer Inheritance Taxes
et the lawful Class B (collateral) rata on any such future interest.
PURPOSE OF
NOTICE:
To fulfill the requirements of Section 2140 of tho Inheritance and Estate Tax Act, Act Z$ of ZOO0. (7Z P.S.
Section
PAYMENT:
REFUND (CR):
OBJECTIONS:
ADMIN-
ISTRATIVE
CORRECTIONS:
DISCOUNT:
PENALTY:
Detach the top portion of this Notice and submit with your payment to the Register of Nills printed on tho reverse side.
--Make check or money order payable to: REGISTER OF NILLS, AGENT
A refund of a tax credit~ which was not requested on the Tax Return, may be requested by completing an "Application
for Refund of Pennsylvania Inheritance end Estate Tax" (REV-IS15). Applications ara available at the Office
of the Register of Hills, any of the 15 Revenue District Offices, or by calling the special 24-hour
answering service for forms ordering: 1-D00-562-Z050; services for taxpayers with special hearing and / or
speaking needs: 1-800-447-5010 (TT only).
Any party in interest not satisfied with the appraisement, allowance, or disellowance of deductions, or assessment
of tax (including discount or interest) as shown on this Notice must object within sixty (60) days of receipt of
this Notice by:
--written protest to tho PA Department of Revenue, Board of Appeals, Dept. 281011, Harrisburg, PA 17118-1011, OR
--election to have the matter determined at audit of the account of tho personal representative, OR
--appeal to tho Orphans' Court.
Factual errors discovered on this assessment should be addressed in writing to: PA Department of Revenue,
Bureau cf Individual Taxes, ATTN: Post Assessment Review Unit, Depto 280601, Harrisburg, PA 1712B-0601
Phone (717) 787-6505. See page 5 of the booklet "Instructions for Inheritance Tax Return for a Resident
Decedent" (REV-IS01) for an explanation of administratively correctable errors.
If any tax due is paid within three (5) calendar months after the dacedent's death, a five percent (51) discount of
the tax paid is allowed.
The 151 tax amnesty non-participation penalty is computed on the total of tho tax and interest assessed, and not
paid before January 18, 1996, the first day after the end of the tax amnesty period. This non-participation
penalty is appealable in the same manner and in the the same time period as you would appeal the tax and interest
that has bean assessed as indicated on this notice.
INTEREST:
Interest is charged beginning with first day of delinquency, or nine (9) months and one (1) day from the date of
death, to the date of payment. Taxes which became delinquent before January l, 1981 bear interest at the rate of
six (61) percent per annum calculated at a daily rate of .000164. All taxes which became delinquent on and after
January 1, 1981 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 1982 through 2005 are:
Interest Daily Interest Daily Interest Daily
Year Rate Factor Year Rate Factor Year Rate Factor
1982 ZOZ .000548 1987 92 .000247 1999 71 .O0019Z
1985 161 .000458 1988-1991 112 .000501 ZOO0 81 .000119
1984 112 .000501 1992 91 .000247 2001 92 .000247
1985 152 .000556 1993-1994 71 .O0019Z ZOOZ 62 .000164
1986 IOZ .000274 1995-1998 91 .000Z47 2005 52 .000137
--Interest is calculated as follows:
INTEREST = BALANCE OF TAX UNPAID X NUNBER OF DAYS DELINQUENT X DALLY INTEREST FACTOR
--Any Notice issued after tho 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 must be calculated.
Estate of BOGAR SIDNEY C JR
Late of MIDDLESEX TOWNSHIP
ORPHANS' COURT DIVISION
COURT OF COMMON PLEAS OF
CUMBERLAND COUNTY
PENNSYLVANIA
Estate No.: 21-02-00744
Date:
6/16/2005
NO.: 21-02-00744
BOGAR PENSRI
101 REGENCY WOODS NORTH
CARLISLE PA 17013
NOTICE OF FAILURE TO FILE STATUS REPORT AND REQUEST TO CONDUCT A
HEARING PURSUANT TO RULE 6. 12, SUPREME COURT ORPHANS' COURT RULE
Personal Representative: BOGAR PENSRI
Personal Representative Counsel: ** NO INFORMATION FOUND **
Date of Decedent's Death: 7/19/2002
Date of Delinquency Notice: 7/19/2005
The undersigned, Glenda Farner Strasbaugh, Clerk of Orhans'
Court, in accordance with rule 6.12, Supreme Court Orphans' Court
Rules, hereby notifies the Orphans' Court Division, Court of Common
Pleas of Cumberland County, that neither the above named personal
representative nor their counsel, have filed with the Register of
Wills or Clerk of Orphans' Court, his/her Status Report required by
Rule 6.12, Supreme Court Orphans' Court Rule, and that the
requisite notice, pursuant to Rule 6.12, Supreme Court Orhans'
Court Rules, was given by the Clerk of Orphans' Court on 8/16/2005
and that the ten (10) day notice to file the status report has
expired. Accordingly, in accordance with Rule 6.12 the Court is
hereby notified of such delinquency and the undersigned requests
that a Court conduct a hearing to determine whether sanctions
should be imposed upon the delinquent personal representative or
their counsel.
cc: File
Personal Representative
Counsel
~a~:!:::::t
Clerk of Orhans' Court
A hearing is scheduled for October 07, 2005 at 9:30 AM in
Courtroom No. 03. If the Status Report is filed prior to the
hearing date, the hearing will automatically be cancelled.
J~