HomeMy WebLinkAbout03-0451PETITION FOR PROBATE and GRANT OF LETTERS
Estate of JOSEPHINE A. NEFF
also known as
No.
To:
Deceased.
J
Social Security No. 174-20-2789
The petition of the undersigned respectfully represents that:
Your petitioner(s), who is/are 18 years of age or older an the execut or
in the last will of the above decedent, dated Hay 1, 2003
and codicil(s)dated
Register of Wills for the
County of Cumberland
Commonwealth of Pennsylvania
in the
named
,19.~
(state relevant circumstances, e.g. renunciation, death of executor, etc.)
Decendent was domiciled at death in Cumberland County, Pennsylvania, with
her last family or principal residence at 306 Tichy Drive, Mt. Holly Springs, PA
Borough of Mt. Holly Springs
(list street, number and muncipa!ity) .
Decendent, then. 77 years of age, died May 16 ~ 2003 ,19 ,
at Sarah Todd Memorial Home~ Carlisle, Cumberland County. PA
Except as follows, decedent did not marry, was not divorced and did not have a child born or adopted
after execution of the will offered for probate; was not the victim of a killing and was never adjudicated
incompetent:
Decendent at death owned property with estimated values as follows:
(If domiciled in Pa.) All personal property $
(If not domiciled in Pa.) Personal property in Pennsylvania $
(If not domiciled in Pa.) Personal property in County $
Value of real estate in Pennsylvania $
situated as follows: 306 Tichy Drive. Mt. Holly Springs~ PA
547,000 00
125~000 O0
WHEREFORE, petitioner(s) respectfully request(s) the probate of the last will and codicil(s)
presented herewith and the grant of letters testamentary
theron. (testamentary; administration c.t.a.; administration d.b.n.c.t.a.)
Ja~ F Burke Vice President
Mmn.facturern and Traders Trust
One West High S~reet
Carlisle PA 17013
~40 4504
Company
OATH OF PERSONAL REPRESENTATIVE
COMMONWEALTH OF PENNSYLVANIA
COUNTY OF CUMBERLAND
The petitioner(s) above-named swear(s) or affirm(s) that the statements in the foregoing petition are
true and correct to the best of the knowledge and belief of petitioner(s) and that as personal represen-
tative(s) of the above decedent petitioner(s) will well and truly admir~ter the estate according to law.
^~/~
to or a~ym.~f~ and subscribed ~ ,~L}~..~
Sworn
before me this day of Jan~ F B~r~e V{ce President
~~~]tn~~ ~~ ~tff~ M~nu~cturers and Traders Trus~ ~mpany
No. oQI-03-qSl
Estate of JOSEPHINE A NEFF , Deceased
DECREE OF PROBATE AND GRANT OF LETTERS
AND NOW ~t~ · _ ~ ,~t30 3 l& , in consideration of the petition on
the reverse side hereof, satisfactory proof having been presented before me,
IT IS DECREED that the instrument(s) dated .~- I-0.%
described therein be a~mitted to probate and filed of record as the last will of
and Letters' ---'~'~E~7~E~T~
~e hereby granted to ~ R~o o ~~ ~ d ~ a d o.~ ~ ~~_, ~,
FEES
Probate, Letters, Etc ..........
Short Certificates( )'. ......... $ lCd
~n ~t..~. ~ .... $ ~%-. ~o
~ $ /o
TOTAL __ $
Filed . ~.~: .~ .......................
.
~- o~
L Register of ~Vills {J !- 0 ~
Irs V Otto iii Esquire
ATTORNEY(Sup. Ct.I.D. No.)
Ten Eact High Street
ADDRESS
Carlisle PA 17013
PHONE 243 3341
105.805 REV 9/g6
T~is is to certify t}~at the information here given is correctly copied from an original certificate of death duly fiied with me as
Ix,cai Registrar. The original certificate will be forwarded to the State Vital Records Office for permanent filing.
WARNING: It is illegal to duplicate this copy by photostat or photograph.
Fec ~br this certificate, $2.00
P 928352l
No.
Local Registrar
HAY 1 ? 2D03
Date
COMMONWEALTH OF PENNSYLVANIA · DEPARTMENT OF HEALTH * VITAL RECORDS
CERTIFICATE OF DEATH
o;c;o~m'susu~u~lo, ' ' ' I". ' ' p0.
- -. widowed
Mt. Ho~y Spr~ngs,Pa17065 j~ Cumberland
~t ~.~ Mt. HoZty Springs
,. Ra~mo~d T. A~exander
~'~ ~'~" gJ,,~ag 19,2003 ~,.~t. Hot~ Springs Com. J,~. Hotty Springs, PA 17065
~, ~. 7~ ~. 011589L ~rngerF.H.~Cremator~Mt. Hot~ Springs,PAl7065
~ DUE ~ (~ ~ A C~ENCE ~: J J ~ ~
~ ~~ " J I
~ t~., I /
~'~' I~. I"- J~'~ '
LICENSE NUMAR . ' OATE SIGNED (Mo~h. Day. Year)
,=21- o~- q~l
F:\FILES!OATAFILE~qtate Planning\lO877-1 will
LAST WILL AND TESTAMENT
I, JOSEPHINE A. NEFF, of Mt. Holly Springs, Cumberland County, Pennsylvania, being
of sound and disposing mind and memory, do hereby make, publish and declare this to be my Last
Will and Testament, hereby revoking any and all former Wills or Codicils made by me.
ITEM ONE
I direct that all my legally enforceable debts, funeral expenses, testamentary expenses and
all death taxes (whether such taxes may be payable by my estate or by any recipient of any property)
shall be paid from my residuary estate as soon as practicable after my decease and as part of the
administration of my estate. My Executor shall have no duty or obligation to obtain reimbursement
for any such tax so paid, even though on proceeds of insurance or other property not passing under
this Will.
ITEM TWO
I bequeath any automobiles or motor vehicles I may own at my death, my personal effects,
household goods, and other tangible personal property of like nature (not including cash or
securities), to such of my children as are living on the thirty-first day after my death, to be divided
among them as they shall mutually agree, or select in turn by lot, using the values of such items as
appraised for inheritance and estate tax purposes. I direct that any of the foregoing articles not
selected by such children shall be sold at public or private sale by my Executor, and I further direct
that the net proceeds thereof shall be administered and distributed as a part of the residue of my
estate.
ITEM THREE
I direct my Executor to sell my premises located at 306 Tichy Drive, Mt. Holly Springs,
Pennsylvania, and to add the proceeds therefrom to my residuary estate for distribution as a part
thereof.
ITEM FOUR
I give, devise and bequeath all the rest, residue and remainder of my estate, both real and
personal property, in equal shares unto my children, CYNTHIA M. PHILLIPS, HEIDI M. MACK,
WENDY McCOLLEY and VERNON G. NEFF, JR., absolutely.
[Initials]
Page 1 of 7 Pages
ITEM FIVE
In the event that any of my said children shall fail to survive me, but shall leave issue
surviving, then such deceased child's share shall be held by my Trustee and the net income therefrom
shall be used for the support, maintenance and education of the issue of such deceased child. My
Trustee shall use as much of the principal as it shall deem desirable for said purposes. My Trustee
shall distribute absolutely the principal of such share of such deceased child to the issue of such
deceased child per stirpes as each shall attain the age of twenty-five (25) years. In the event that any
of my children shall fail to survive me, and not leave issue surviving, then such deceased child's
share shall be added to the shares of my other children as if originally a part thereof.
ITEM SIX
POWERS OF EXECUTRIX AND TRUSTEE
In addition to the powers conferred by case law, by statute, and by other provisions hereof,
my Executor and Trustee, and successors, shall have the following discretionary powers applicable
to all property held by them which powers shall be effective without order of any court and shall
exist until final distribution:
A. To retain any property of any nature received by them for whatever period they shall
deem advisable;
B. To invest and reinvest all or any part of said property in such stocks, bonds, common
trust funds, securities, accounts, certificates of deposit (including, but not limited to, stocks, bonds,
common trust funds, securities, accounts or certificates of deposit of the Trustee) or other property,
real or personal, as in their discretion they shall deem proper, without regard to statutes limiting the
property which a fiduciary may purchase;
C. To sell, transfer, exchange or otherwise dispose of, any part of said property, for cash
or on terms, publicly or privately, or to lease, even for a term exceeding five (5) years or the duration
of any trust herein, without liability on the purchasers or lessees to see to the application of the
proceeds, and to give options for these purchases without the obligation to repudiate them in favor
of a higher offer;
Page 2 of 7 Pages
D. To execute and deliver any deeds, leases, assignments or other instruments as may
be necessary to carry out the provisions of any trust hereunder;
E. To borrow money, including the right to borrow money from any bank and to
mortgage or pledge any asset of the estate as security;
F. To assume continuance of the status of any beneficiary with regard to death, marriage,
divorce, illness, incapacity and the like in the absence of information deemed reliable without
liability for disbursements made on such assumption;
G. To pay from the trust, or the income therefrom, all debts or claims against my estate,
or any taxes or similar charges on my estate;
H. To make any distribution hereunder either in kind or in money, or partially in kind
and partially in money. Distribution in kind shall be made at the market value of the property
distributed, and my Trustee, in my Trustee's absolute discretion, may cause the share distributed to
any distributee to be composed of property similar to or different from that distributed to any other
distributee;
I. To exercise any subscription right in connection with any security held hereunder, to
consent to or participate in any recapitalization, reorganization, consolidation or merger of any
corporation, company or association, the securities of which may be held hereunder, to delegate
authority with respect thereto, to deposit investments under agreements, to pay assessments, and
generally to exercise all rights of investors;
J. To invest in endowment, insurance or annuity policies on the lives of beneficiaries
of any trust hereunder;
K. To continue in any partnership, joint venture, joint ownership or other business
enterprise of which I am a part at the time of my death;
L. To compromise claims;
M. To continue for whatever period of time as they shall deem necessary any ownership
as a tenant in common or as a partner, in real estate or other property and to act as I could have done
had I been living;
Page 3 of 7 Pages
[Initials]
N. To lend money to my estate or to any trust created hereunder or to purchase from the
estate or from any trust created hereunder, at the market value thereof at the time of purchase, any
securities or other property tendered to them by my estate or any trust created hereunder at any time
and from time to time within a period of nine (9) months after my death;
O. In the event that any amounts are payable hereunder or under any trust created
hereunder to a minor, or to a person otherwise under legal disability, or to a person not adjudicated
to be an incapacitated person, but who, by reason of illness or mental or physical disability is, in the
opinion offiduciary(ies) hereunder, unable to properly administer such amounts, such amounts may
be paid by the fiduciary(ies) hereunder in his, her or their sole discretion in any of the following ways
as he, she or they may deem best:
1. Directly to such beneficiary;
To a legally appointed guardian of such beneficiary for the benefit of such
beneficiary;
3.
beneficiary;
4.
To a person having custody of such beneficiary for the benefit of such
By the fiduciary(ies) hereunder using such amounts directly to the benefit of
such beneficiary.
Evidence of the application or payment of an amount in such a manner shall be a full and complete
discharge of the fiduciary(ies) hereunder to the extent of such payment or application. This
paragraph shall be applicable to payments of income as well as principal.
P. To employ agents, attorneys and proxies and to delegate to them such power as my
Executor and Trustee consider desirable and to pay reasonable compensation for such services as
may be rendered by such agents, attorneys and proxies;
To conduct an inventory of any safe deposit box necessary to the administration of
my estate.
R. To do all other acts in their judgment neceSsary or desirable for the proper
management, investment and distribution of my Estate.
Page 4 of 7 Pages
[Initials]
ITEM SEVEN
PROTECTIVE PROVISIONS
All income or principal held for the use and benefit of any trust hereunder shall not be in any
way or manner subject to anticipation, assignment, pledge, sale or transfer, nor shall any such
interest, while in the possession of my Trustee, be liable for or subject to the debts, contracts,
obligations, liabilities or torts of any beneficiary, or to attachments, executions or sequestrations
under process of law.
ITEM EIGHT
APPOINTMENT OF EXECUTOR AND TRUSTEE
I nominate, constitute and appoint MANUFACTURERS AND TRADERS TRUST
COMPANY, a New York banking corporation, as Executor of my estate.
I nominate, constitute and appoint MANUFACTURERS AND TRADERS TRUST
COMPANY, a New York banking corporation, as Trustee of any trust created hereunder.
A majority of all income beneficiaries of the trust or trusts created under this Will may from
time to time remove any corporate trustee then acting for reasonable cause and substitute another
corporate trustee; provided, however, that such successor corporate trustee shall not be a related or
subordinate to any one or more of the beneficiaries hereunder within the meaning of Internal
Revenue Code §672(c) or successor provisions. When the removed corporate trustee has received
written notice of its removal and has been notified in writing by its successor corporate trustee of the
latter's acceptance, the removed corporate trustee shall surrender all books, records, and assets in
its possession comprising any portion of the trust or relating to the trust. In no event shall the
removed corporate trustee charge a "termination fee" based on a percentage of trust assets as a result
of such removal but shall be entitled only to charge such fee as fairly represents the cost of any
accounting required by the beneficiaries or successor corporate trustee as part of such removal and
substitution. The removed corporate trustee shall not be relieved of liability until its successor has
qualified and the removed trustee's accounting, if applicable, has been settled or the beneficiaries
and successor corporate trustee have otherwise accepted an account stated in lieu of a formal
accounting. As used in this paragraph, the term "reasonable cause" includes, but is not limited to:
~initi~als]~
Page $ of 7 Pages
(1) poor investment performance, (2) the removal of all current income beneficiaries from the state
in which the corporate trustee is licensed to conduct business as a corporate trustee, (3) inattention
to the reasonable needs of the beneficiaries, (4) lack of communication between trustee and
beneficiaries, (5) inaccurate or unclear transaction statements or statements of account, (6) conflicts
between the corporate trustee and the beneficiaries, (7) merger, acquisition or deteriorating financial
condition of the corporate trustee, or (8) high turnover of account officers assigned to any trust under
this Will.
ITEM NINE
WAIVER OF BOND
I direct that my Executor and Trustee shall not be required to file any bond in any jurisdiction
to secure the faithful performance of its duties, nor shall it be required to obtain any order or
approval of any court for the exercise of any power or discretion set forth in this Will.
IN WITNESS WHEREOF I have hereunto set my hand and seal this /sT' day of
3
~schi'ne ~. Neff
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, have hereunto subscribed
our nme&as witnesse~hereto, in the presence of the said Testatrix and of each other.
Page 6 of 7 Pages
COMMONWEALTH OF PENNSYLVANIA )
'SS.
COUNTY OF CUMBERLAND )
We, Josephine A. Neff, Carl C. Risch, and d Bq~l S"ffor'~¢'-~. ~'-. Z I 6fiv'"-, the
Testatrix and the witnesses, respectively, whose names are signed to the foregoing instrument, being
first duly sworn, do hereby declare to the undersigned authority that the Testatrix signed and
executed the instrument as her last Will and that the Testatrix has signed willingly, and that the
Testatrix executed it as her free and voluntary act for the purposes therein expressed, and that each
of the witnesses, in the presence and hearing of the Testatrix, signed the Will as a witness and that
to the best of his/her knowledge the Testatrix was at that time eighteen years of age or older, of
sound mind and under no constraint or undue influence.
Jo p%%7x
Witness
Witness
Subscribed, sworn to and acknowledged before me by Josephine A. Neff, the Testatrix, and
subscribed and swom to before me by Carl C. Rischand ~f~rm-/'o,~h~c f~, ~C~ the
witnesses, this
~mublic-"-~ ' ' (~
~o~l~ L ~,
ua~
Page 7 of 7 Pages
JOSEPHINE A. NEFF
PREPARED BY:
MARTSON DEARDORFF WILLIAMS E:~ OTTO
MDW&O
INFORMATION ° ADVICE · ADVO~ZACY
ATTORNEYS & COUNSELLORS AT LAW
T£N E~ST HIGH STREET
CARLISLE, PENNSYLVANIA 17013
TELEPHONE (717) 243-3341
C'
Investment Group
Private Client Sen'ices
One West High Street
Carlisle, Pe~msylvania 17013
717-240-451)4
Toll Free 800-822-2155
Register of Wills
Cumberland County Courthouse
1 Court House Square
Carlisle, PA 17013
CERTIFICATION OF NOTICE UNDER RULE
Name of Decedent: JOSEPHINE A. ~FF
Date of Death: May 16, 2003
To the Register:
I certify that notice of (beneficial interest) 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 June 17, 2003'
Cindy N. Phillips
1176 Westwood Drive South
Millsboro, DE 19966
Vernon B. Neff, Jr.
146 Pebble Drive
B-35 PN Coveside
Millsboro, DE 19966
Wendy N. McColley
8006 Parkland Court
Springfield, VA 22153
Heidi V. Mack
1209 Hill Top Road
Williamsport, PA 17701
Notice has now been given to all persons entitled thereto under Rule 5.6(a).
Date: June 17, 2003 Signature ~q~t~~
J~eF. Burke, Vice President
Address: Manufacturers and Traders Trust Company
One West High Street
Carlisle, PA 17013
Telephone: (717) 240-4504
Capacity: Personal Representative
cc: Ivo V. Otto, III, Esquire
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
BUREAU OF INDIVIDUAL TAXES
DEPT. 280601
HARRISBURG, PA 17128-0801
RECEIVED FROM:
PENNSYLVANIA
INHERITANCE AND ESTATE TAX
OFFICIAL RECEIPT
NO.
REV-1162 EX(11-96)
CD 002892
M & T INVESTMENT GROUP
C/O JANE BURKE TRUST OFFICER
1 WEST HIGH STREET
CARLISLE, PA 17013
........ fold
ESTATE INFORMATION: SSN: 174-20-2789
FILE NUMBER: 2103-0451
DECEDENT NAME: NEFF JOSEPHINE A
DATE OF PAYMENT: 08/1 2/2003
POSTMARK DATE: 00/00/0000
COUNTY: CUMBERLAND
DATE OF DEATH: 05/16/2003
ACN
ASSESSMENT
CONTROL
NUMBER
AMOUNT
101 $24,000.00
TOTAL AMOUNT PAID'
$24,000.00
REMARKS: M &TINVESTMENTGROUP
C/O JANE BURKE TRUST OFFICER
SEAL
CHECK# 757804
INITIALS: SK
RECEIVED BY:
DONNA M. OTTO
DEPUTY REGISTER OF WILLS
REGISTER OF WILLS
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
BUREAU OF INDIVIDUAL TAXES
DEPT. 28O601
HARRISBURG, PA 17128-0601
RECEIVED FROM:
PENNSYLVANIA
INHERITANCE AND ESTATE TAX
OFFICIAL RECEIPT
NO.
CD
REV-1162 EX(11-96)
003533
M & T TRUST COMPANY
ONE WEST HIGH STREET
CARLISLE, PA 17013
........ fold
ESTATE INFORMATION: SSN: 174-20-2789
FILE NUMBER: 2103- 0451
DECEDENT NAME: NEFF JOSEPHINE A
DATE OF PAYMENT: 02/05/2004
POSTMARK DATE: 00/00/0000
COUNTY: CUMBERLAND
DATE OF DEATH: 05/16/2003
ACN
ASSESSMENT
CONTROL
NUMBER
AMOUNT
101 $1,645.26
TOTAL AMOUNT PAID:
$1,645.26
REMARKS:
SEAL
CHECK# 758532
INITIALS: JA
RECEIVED BY:
REGISTER OF WILLS
GLENDA FARNER STRASBAUGH
REGISTER OF WILLS
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
DEPT. 280601
HARRISBURG, PA 17128-0601
REV-1500
INHERITANCE TAX RETURN
RESIDENT DECEDENT
Ot::t::iCiAL USE ONLY
FILE NUMBER
21
COUNTY CODE
03 00451
YEAR NUMBER
DECEDENT'S NAME (LAST, FIRST, AND MIDDLE INITIAL) SOCIAL SECURITY NUMBER
NEFF, JOSEPHINE A. 174-20-2789
~3 DATE OF DEATH (MM-DD-YEAR) DATE OF BIRTH (MM-DD-YEAR) THIS RETURN MUST BE FILED IN DUPLICATE WITH THE
uJ
?, 05/16/2003 09/21/1925 REGISTER OF WILLS
SOCIAL SECURITY NUMBER
IF APPLICABLE) SURVIVING SPOUSE'S NAME ( LAST, FIRST AND MIDDLE INITIAL)
not applicable,
[] 1. Original Return [] 2. Supplemental Return
] 3. Remainder Return (date of death pdor to 12-13-82)
[] 4. Limited Estate
[] 6. Decedent Died Testate (Attach copy
of Will)
[] 9. Litigation Proceeds Received
] 4a. Future Interest Compromise (date of death after
12-12-82)
[] 7. Decedent Maintained a Living Trust (Attach
copy of Trust)
[] 10. Spousal Poverty Credit (date of death between
12-31-91 and 1-1-95)
[] 5. Federal Estate Tax Return Required
0 8. Total Number of Safe Deposit Boxes
[] 11 ,Election to tax under Sec. 9113(A) (Attach Sch O)
NAME
FIRM NAME (If applicable)
Manufacturers & Traders Trust Company
TELEPHONE NUMBER
717/240-4504
COMPLETE MAILING ADDRESS
One West High Street, P.O. Box 220
Carlisle, PA 17013
1. Real Estate (Schedule A) (1)
2. Stocks and Bonds (Schedule B) (2)
3. Closely Held Corporation, Partnership or Sole-Proprietorship (3)
4. Mortgages & Notes Receivable (Schedule D) (4)
5. Cash, Bank Deposits & Miscellaneous Personal Property (5)
(Schedule E)
6. Jointly Owned Property (Schedule F) (6)
[] Separate Billing Requested
7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (7)
(Schedule G or L)
8. Total Gross Assets (total Lines 1-7)
9. Funeral Expenses & Administrative Costs (Schedule H) (9)
10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) (10)
11. Total Deductions (total Lines 9 & 10)
12. Net Value of Estate (Line 8 minus Line 11 )
108,000.00
499,462.99'
None
None
51,872.29
None
None
47,127.65
14,242.72
13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been
made (Schedule J)
14. Net Value Subject to Tax (Line 12 minus Line 13)
GFFiCiAL LJ~-;E Oi~i.Y
(8)
659,335.28
61,370.37
597,964.91
597,964.91
(11)
(12)
(13)
(14)
SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES
15.Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116(a)(1.2)
x o00 (15)
16.Amount of Line 14 taxable at lineal rate
597,964.91 x .045 (16)
26,908.42
26,908.42
17. Amount of Line 14 taxable at sibling rate
18. Amount of Line 14 taxable at collateral rate
19. Tax Due
x .12 (17)
x .15 (18)
(19)
20. []
BE sURE TO ANSWER ALL QUESTIONS ON REVERSE SIDE ~ND RECHECK
Copyright 2000 form software only The Lackner Group, Inc. Form REV-1500 EX (Rev. 6-00)
Decedent's Complete Address:
STREET ADSDRESS
306 Tichy Drive
CITY Mt. Holly Springs STATE PA Zn~ 17065
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
24,000.00
1,263.16
(1)
Total Credits (A + B + C) (2)
Total Interest/Penalty (D + E) (3)
If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. (4)
Check box on Page 1 Line 20 to request a refund
If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5)
A. Enter the interest on the tax due. (5A)
B. Enter the total of Line 5 + SA. This is the BALANCE DUE. (5B)
Make Check Payable to: REGISTER OF WILLS, AGENT
26,908.42
25,263.16
0.00
1,645.26
1,645.26
PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACIN,G AN "X" IN THE APPROPRIATE BLOCKS
1. Did decedent make a transfer and: Yes No
a. retain the use or income of the property transferred; .................................................................................. ~ ~
b. retain the right to designate who shall use the property transferred or its income;...: ................................
c. retain a reversionary interest; or ................................................................ '..: ...............................................
d. receive the promise for life of either payments, benefits or care? .............................................................. [] []
2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without
receiving adequate consideration? ....................................................................................................................... [] []
3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? ......... [] []
4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which
contains a beneficiary designation? ...................................................................................................................... [] []
IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS pART OF THE RETURN.
preparer Other than the personal representative is based on all infOrmation of which preparer has any knowledge.
SIGNATURE OF PERSON RE?.~PONSIBLE FOR FILING RETURN ADDRESS One West Hi~zh Street
Man facturers d ders T, ust Company
· Carlisle, PA 17013
SIGNATtJ~IRE OF PER~'N RESPONSIBLE FOR FILING RETURN ADDRESS
U
DATE
DATE
SIGNATURE FQF~REPARER OTHER THAN REPRESENTATIVE
ADDRESS
DATE
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. {}9116 (a) (1.1) (i)].
For dates of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0%
[72 P.S..~9116 (a) (1.1) (ii)]. The statute does not exempt a transfer to a surviving spouse from tax, and the statutory requirements for disclosure
of assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary.
For dates of death on or after July 1,2000:
The tax rate imposed on the net value of transfers from a deceased child twenty-one years of age or younger at death to or for the use of a natural
parent, an adoptive parent, or a stepparent of the child is 0% [72 P.S. {}9116 (a) (1.2)].
The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4.5%, except as noted id 72 P.S. {}9116
1.2) [72 P.S. {}9116 (a) (1)].
The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 12% [72 P.S. §9116 (a) (1.3)]. A sibling is defined,
under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption.
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
NEFF, JOSEPHINE A.
SCHEDULE A
REAL ESTATE
FILE NUMBER
21-03-00451
All real property owned solely or as a tenant in common must be rel~orted at fair market value. Fair market value is defined as the price
at which property would be exchanged between a willing buyer and a willing se er, neither being compelled to buy or sell, both having
reasonable knowledge of the relevant facts. Real property which is jointly-owned with right of survivorship must be disclosed on
schedule F.
ITEM
NUMBER
DESCRIPTION
House and lot at 306 Tichy Drive, Mt. Holly Springs, PA, 17065. Sale proceeds
TOTAL (Also enter on Line 1, Recapitulation)
VALUE AT DATE OF
DEATH
108,000.00
108~000.00
OMB NO. 2502-0265 ~r
U.S. DEPAI~'rMENT OF HOUSING & URBAN DEVELOPMENT
SETTLEMENT STATEMENT
B. TYPE OF LOAN:
1.E]FHA 2.E]FmHA 3. [~]CONV. UNINS. 4. E]VA 5. E]CONV. INS.
6. FILE NUMBER:
10980-LICHTENBERGER
8. MORTGAGE INS CASE NUMBER:
7. LOAN NUMBER:
643100981
C. NOTE: 7his form is furnished to give you a statement of actual settlement costs. Amounts paid to and by the settlement agent are shown.
rtems marked "[POC]" were paid outside the closing; they are shown here for informational purposes and are not included in the totals.
1.0 3/98 (10980-LICHTENBERGER. PFD/10980-LICHTENBERGER/18)
D. NAME AMD ADDRESS OF BORROWER:
Donald,. Lichtenberger and
Patty J. Lichlenberger
431 Mt. Rock Road
Newville, P,A 17241
G. PROPERTY LOCATION:
306 Tichy D~¥e
Mount Holly Springs, PA 17065
Cumberland County, Pennsylvania
E. NAME AND ADDRESS OF SELLER:
Estate of Josephine A. Neff
F. NAME AND ADDRESS OF LENDER:
ABN AMRO Mortgage Group, Inc.
2600 W. Big Beaver Road
Troy, MI 48084
H. SETTLEMENT AGENT:
Martson Deardorff Williams & Otto
PLACE OF SETTLEMENT
10 East High Street
Carlisle, PA 17013
I. SETTLEMENT DATE:
January 28, 2004
J. SUMMARY OF BORROWER'S TRANSACTION
100. GROSS AMOUNT DUE FROM BORROWER:
101. Contrad Sales Price
102. Personal Property
103. Settlement Cha~es to Borrower (Line 1400)
104.
105.
Adiustments For Items Paid By Seller in advance
106. County/Twp. Taxes
107. School Taxes 01/29/04
108. Assessments
109.
110.
108,000.00
4,942.77
K. SUMMARY OF SELLER'S TRANSACTION
400. GROSS AMOUNT DUE TO SELLER:
401. Contract Sales Pdce
402. Personal Property
403.
404.
405.
Adiustments For Items Paid Bv Seller in advance
108,000.00
County/Twp. Taxes to
School Taxes 01/29/04 to 07/01/04
Assessments to
to 406.
to 07/01/04 445.01 407.
to , 408.
409.
410.
411.
412.
113,387.78 420.
500.
1,500.00 501.
86,400.00 502.
445.01
111.
112.
120. GROSS AMOUNT DUE FROM BORROWER GROSS AMOUNT DUE TO SELLER 108,445.01
200. AMOUNTS PAID BY OR IN BEHALF OF BORROWER: REDUCTIONS IN AMOUNT DUE TO SELLER:
201, Deposit or eamest money
202. Principal Amount of New Loan(s)
203. Existing loan(s) taken subject to 503.
204. 504.
205.
206.
28.87
Excess Deposit (See Instructions)
Settlement Charges to Seller (Line 1400)
Existing loan(s) taken subiect to
Payoff of first Mortgage
207.
208.
209.
Adjustments For Items Unpaid By Seller
210. County/Twp. Taxes 01/01/04 to 01/29/04
211. School Taxes to
212. Assessments to
TOTAL PAID BY/FOR BORROWER
300. CASH AT SETTLEMENT FROM/TO BORROWER:
505. Payoff of second Mortgage
506.
507. (Deposit disb. as proceeds)
87,928.87
508.
301. Gross Amount Due From Borrower (Line 120)
113,387.78
302. Less Amount Paid By/For Borrower (Line 220)
509.
510.
601.
87,928.871 602.
25,458.91 603.
of this
Adjustments For Items Unpaid By Seller
County/Twp..Taxes 01/01/04 to 01/29/04
School Taxes to
1,093.45
28.87
303. CASH ( X FROM) ( TO) BORROWER
The undersigned her~/)t( acknowledge,receipt of~ co,/npleted copy of pages 1&2
Borrower ~,~*' ~ Z.~jr,~
I C~{".,'t/bl,~) u.,~': fl.4/l;/li..,4,~v~ ~
F~atty-J. Lic~l~nl~r'g er
511.
512. Assessments to .-'
513.
514.
515.
516.
517.
518.
519.
520. TOTAL REDUCTION AMOUNT DUE SELLER 1,122.32
600. CASH AT SETTLEMENT TO/FROM SELLER:
Gross Amount Due To Seller (Line 420) 108,445.01
Less Reductions Due Seller (Line 520) 1,122.32
CASH ( X TO) ( FROM) SELLER 107,322,69
statement & any attachments referred to herein.
Seller Estate ~,tj,o;ep~e~. N eff~~
HUD-1 (3-86) RESPA. HB4305.2
L. SETTLEMENT CHARGES
700. TOTAL COMMISSION Based on Price $ ~,, 0.0000 % PAiD FROM PAID FROM
Division of Commission (line 700) as Follows: BORROWER'S SELLER'S
701. $ tO FUNDS AT FUNDS AT
702. $ to SETTLEMENT SETTLEMENT
703. Commission Paid at Settlement
704. to
800. ITEMS PAYABLE IN CONNECTION WITH LOAN
801. Loan Origination Fee 0.0000 % to
802. Loan Discount 1.0000 % to Cody Financial Services 864.00
803. Appraisal Fee to Cody Financial Services 275.00
804. Credit Report Fee to Cody Financial Services 50.00
805. Processing to Cody Financial Services 50.00
806. Flood Certification to Cod}, Financial Services 21.50
807. Lender Administrative Fee to ABN AMRO Mortgage Group, inc. 325.00
808.
809. Withdrawn Loan Fee from Cody ABN AMRO Mortgage Group, inc. $200.00 POC
810. Deferred Premium from ABN AMRO Cody Financial Services $2,160.00 POC
811.
= 900. ITEMS REQUIRED BY LENDER TO BE PAID IN ADVANCE
901. Interest From 01/28/04 to 02/01/04 @ $ 13.800000/day ( 4 days %) 55.20
902. Mortgage Insurance Premium for months to
903. Hazard Insurance Premium for 1.0 },ears to Nationwide Insurance $319.00 POC
904.
905.
1000. RESERVES DEPOSITED WITH LENDER
1001. Hazard Insurance 3.000 months (~ $ 26.59 per month 79.74
1002. Mortgage Insurance months ~ $ per month
1003. County/Twp. Taxes 12.000 months ~ $ 30.83 per month 369.96
1004. SchooITaxes 8.000 months (~ $ 88.14 per month 705.12
1005. Assessments months @ $ per month
1006. months ~) $ per month
1007. months ~,, $ per month
1008. Aggregate Accounting Adjust. months ~ $ per month -309.50
1100. TITLE CHARGES
1101. Settlement or Closing Fee to
~ 1102. Abstract or Title Search to
1103. Title Examination to
1104. Title Insurance Binder to
1105. Document Preparation to
1106. Notary Fees to
1107. Attorney's Fees to Martson DeardorffWilliams & Otto POC/Seller 225.00
(includes above item numbers: )
1108. Title Insurance to Lawyers Title Insurance Company 898.75
(includes above item numbers;
1109. Lender's Coverage $
1110. Owner's Coverage $
1111. Endorsements 100/300/900 to Lawyers Title Insurance Company 150.00
1112.
1113.
11200. GOVERNMENT RECORDING AND TRANSFER CHARGES
1201. Recording Fees: Deed $ 38.50; Mortgage $ 64.50; Releases $ 103.00
1202. City/County Tax/Stamps: Deed 1,080.00; Mortgage 1,080.00
1203. State Tax/Stamps: Revenue Stamps 1,080.00; Mortgage 1,080.00
1204.
1205.
1300. ADDITIONAL SETTLEMENT CHARGES
1301. Survey to
1302. Pest Inspection to
1303. Final Water/Sewer/Trash to The Borough of Mt. Holly Springs 13.45
1304.
1305.
1400. TOTAL SETTLEMENT CHARGES (Enter on Lines '103, Section J and 502, Section K) 4,942.771 1,093.45
By signing page I of this statement, the signatories acknowledge receipt of a completed copy of page 2 of this two page statement.
Certified to be a true copy. Settlement Agent
( 10980-LICHTENBERGER / 10980-LICHTENBERGER / 18 )
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
NEFF, JOSEPHINE A.
SCHEDULE B
STOCKS & BONDS
FILE NUMBER
21 - 03 - 00451
All propertyjointly-owned with right of survivorship must be disclosed on Schedule F.
ITEM !VALUE AT DATE O
NUMBEF DESCRIPTION UNIT VALUE
DEATH
1 6961.948 shares, Vision Intermediate Term Bond Fund #123 9.85 68,575.19
2 3048.78 shares, Vision Limited Duration Bond Fund #120 9.88 30,121.95
3 9989.517 shares, Vision Large Cap Core Fund #76 5.85 58,438.67
4 3612 shares, M&T Bank Corporation 85.45 308,645.40
5 1539 shares, Erie Family Life Insurance Company 21.8855 33,681.78
TOTAL (Also enter on line 2, Recapitulation) 499,462.99
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
NEFF, JOSEPHINE A.
SCHEDULE E
CASH, BANK DEPOSITS, & MISC.
PERSONAL PROPERTY
FILE NUMBER
21 - 03 - 00451
Include the proceeds of litigation and the date the proceeds were received by the estate. All property jointly-owned with the right of
survivorship must be disclosed on schedule F.
ITEM
NUMBER
1
2
3
4
5
6
7
8
9
10
11
12
DESCRIPTION
Cash
M&T Bank, Checking Account #1301330
M&T Bank, Account g416000602
M&T Bank, Check, stop payment on Account #1301330
USA Today, subscription refund
Better Homes & Gardens, subscription refund
Comcast, refund
Samuel Alexander, Jr., proceeds of sale of grandfather clock
Samuel Alexander, Jr., proceeds of sale of clown collection
Rowe's Auction, net proceeds of sale of personal property
MoneyChoice Benefits Center, medical insurance premium refund
Prorated real estate tax, 306 Tichy Drive, Mt. Holly Springs, property
TOTAL (Also enter on Line 5, Recapitulation)
VALUE AT DATE OF
DEATH
80.09
29,034.42
16,277.46
17.14
115.65
3.67
37.88
250.00
416.75
5,185.00
38.09
416.14
51,872.29
M&TBank
Manufacturers and Traders Trust Company, 1100 Wehrle Drive, P.O. Box 767, Buffalo, NY 14240-0767phone (302) 934-2909
F ax (302) 934-2955
July 2, 2003
M & T Investment Group
Private Client Services
ATTN: Jane F Burke
1415 Ritner Highway
PO Box 220
Carlisle, PA 17013
Estate qf Josephine A. Neff
Social Security: 174-20-2789
Date of Death: May 16, 2003
Dear Sir or Madam:
Per your inquiry dated June 11, 2003, please be advised that at the time of death, the above-named decedent had on deposit
with this bank the following:
Type of Account Checking Account
Account Number 1301330
Ownership (Names oj) Josephine A. Neff, Owner
Opening Date 04/25/96
Balance on Date of Death $29,034.42
Accrued Interest $ O. O0
Total $29,034.42
Sincerely,
(302) 934-2909
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE H
FUNERAL EXPENSES &
ADMINISTRATIVE COSTS
ESTATE OF NEFF, $OSEPHFNE A. FILE NUMBER
21 - 03 - 0045 l
Debts of decedent must be reported on Schedule I.
ITEM
NUMBER DESCRIPTION AMOUNT
2
FUNERAL EXPENSES:
Hollinger Funeral Home & Crematory
Baughman Memorial Works, Inc.
ADMINISTRATIVE COSTS:
Personal Representative's Commissions
Manufacturers and Traders Trust Company
Social Security Number(s) / EIN Number of Personal Representative(s):
Street Address One West High Street, P.O. Box 220
City Carlisle State PA Zip 17013
Year(s) Commission paid
Attorney's Fees Martson Deardorff Williams & Otto
Family Exemption: (If decedent's address is not the same as claimant's, attach explanation)
Claimant
Street Address
City State
Relationship of Claimant to Decedent
Probate Fees Register of Wills, Letters Testamentary
Zip
Accountant's Fees
Tax Return Preparer's Fees
Other Administrative Costs
Cumberland Law Journal, Advertising Letters Testamentary
S.W. Barrett Real Estate, appraisal fee
Total of Continuation Schedule(s)
TOTAL (Also enter on line 9, Recapitulation)
8,499.64
200.00
24,280.00
12,140.00
456.00
75.00
275.00
1,202.01
47,127.65
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
NEFF, JOSEPHINE A.
Schedule H
Funeral Expenses &
Admin~ Cosls continued
FILE NUMBER
21 03-00451
IBIS, appraisal of personal property
The Sentinel, Advertising Letters Testamentary
Reserved for miscellaneous filing fees and closing expenses
117.00
85.01
1,000.00
Page 2 of Schedule H
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
NEFF, JOSEPHINE A.
SCHEDULE I
DEBTS OF DECEDENT, MORTGAGE
LIABILITIES, & LIENS
FILE NUMBER
21 - 03 - 00451
Include unreimbursed medical expenses.
ITEM
NUMBER
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
2O
DESCRIPTION
Sprint, telephone service
Checks presented after date of death, M&T Bank, Account #1301330
Met-Ed, electric service
Pharmerica, prescription expense
Shipley Energy, utility payment
U.S. Treasury, federal income tax estimate
PA Dept. of Revenue, state income tax estimate
M&T Bank, final trustee fee
Sarah A. Todd Memorial Home, balance due
Carlisle Digestive Disease Association, balance due
Belvedere Medical Corp., balance due
Spring Road Family Practice, balance due
Carlisle Regional Medical Center, balance due
Borough of Mt. Holly Springs, balance due
Mable R. Satteson, 2003 real estate taxes, 306 Tichy Drive, Mt. Holly Springs
Cumberland-Goodwill Fire & Rescue, medical transport
Yellow Breeches EMS, Inc., medical transport
Verl Williams, trash removal
Jerry Rumer, repairs, Tichy Drive property
Shevlin's Maintenance Service, Inc., cleaning, 306 Tichy Drive property
Total of Continuation Schedule(s)
TOTAL (Also enter on Line 10, Recapitulation)
AMOUNT
144.54
1,050.00
145.63
24.02
359.76
250.00
200.00
122.01
370.00
67.69
6.94
150.92
840.00
178.80
1,057.62
28.38
52.01
160.00
1,500.00
180.20
7,354.20
14,242.72
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEOENT
SCHEDULE I
DEBTS OF DECEDENT, MORTGAGE
LIABILITIES, & LIENS continued
ESTATE OF NEFF, JOSEPHINE A. FILE NUMBER
21 - 03- 00451
Include unreimbursed medical expenses.
ITEM
NUMBER DESCRIPTION AMOUNT
21
22
23
24
25
26
27
Gilbert's Professional Pest Control, termite treatment
Jim Shughart, lawn care, April to October, 2003
Andorra Radiology Association, P.C., balance due
Tuckey Restoration, Inc., repairs, 306 Tichy Drive property
West Shore EMS, medical expense
1% realty transfer tax, 306 Tichy Drive, Mt. Holly Springs
Borough of Mt. Holly Springs, f'mal water/sewer
1,874.08
490.00
42.64
3,586.00
268.03
1,080.00
13.45
Page 2 of Schedule I
REV-IS13 EX+ (9.00) ~
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
SCHEDULE J
BENEFICIARIES
NEFF, JOSEPHINE A. FILE NUMBER
21 - 03- 00451
RELATIONSHIP TO AMOUNT OR SHARE
NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY DECEDENT OF ESTATE
Do Not Ll~t Trusteels}
Io TAXABLE DISTRIBUTIONS (include outright spousal distributions)
1 Cynthia N. Phillips Daughter 25% estate residue
1176 Westwood Drive South
Millsboro, DE 19966
2 Vernon B. Neff, Jr. Son 25% estate residue
146 Pebble Drive
Millsboro, DE 19966
3 Wendy N. McColley Daughter 25% estate residue
8006 Parklane Court
Springfield, VA 22153
4 Heidi V. Mack Daughter 25% estate residue
1209 Hill Top Road
Williamsport, PA 17701
' Enter dollar amounts for distributions shown above on lines 15 through 18, as appropriate, on Rev 1500 cover sheet
HI. NON-TAXABLE DISTRIBUTIONS:
A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT
BEING MADE
B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS
TOTAL OF PART II - ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET
Register of Wills of Cumberland County, Pennsylvania
INVENTORY
Estate of NEFF, JOSEPHINE A.
also known as
, Deceased
Manufacturers and Traders Trust
No. 21-03-00451
Date of Death 5/16/2003
Social Security No. 174-20-2789
The Personal Representative(s) of the above Estate, deceased, verify that the items appearing 'in the following inventory
include all of the personal assets wherever situate and all of the real estate located 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 the Decedent owned no real estate outside of the Commonwealth of Pennsylvania except that
which appears in a memorandum at the end of this Inventory. I/We verify that the statements made in this Inventory are true
and correct. I/We understand that false statements herein are made subject to the penalties of 18 Pa. C. S. Section 4904
relating to unswom falsification to authorities.
Attorney: Ivo V. Otto III, Esquire
I.D. No.: 27763
Address:
Ten East High Street
Carlisle, PA 17013
Telephone: 717/243-3341
Personal Representative ~
Signature: ~
Mar~afacturers and Traders Trust Company
Signature:
Signature:
Address:
One West High Street
P.O. Box 220
Carlisle, PA 17013
Telophono: 717-240-4504
Dated: ~- ~-- 0~
Personal Property
6961.948 shares, Vision Intermediate Term Bond Fund #123
3048.78 shares, Vision Limited Duration Bond Fund #120
9989.517 shares, Vision Large Cap Core Fund #76
3612 shares, M&T Bank Corporation
1539 shares, Erie Family Life Insurance Company
Cash
M&T Bank, Checking Account #1301330
M&T Bank, Account #416000602
M&T Bank, Check, stop payment on Account #1301330
USA Today, subscription refund
68,575.19
30,121.95
58,438.67
308,645.4O
33,681.78
80.09
29,034.42
16,277.46
17.14
115.65
(Attach additional sheets if necessary) Total Personal Property and Real Estate $659,335.28
Register of Wills of Cumberland County, Pennsylvania
Estate of NEFF, JOSEPHINE A.
also known as
INVENTORY
continued
, Deceased
No. 2l -03-00451
Date of Death 5/16/2003
Social Security No. 174-20-2789
Better Homes & Gardens, subscription refund
Comcast, refund
Samuel Alexander, Jr., proceeds of sale of grandfather clock
Samuel Alexander, Jr., proceeds of sale of clown collection
Rowe's Auction, net proceeds of sale of personal property
MoneyChoice Benefits Center, medical insurance premium refund
Prorated real estate tax, 306 Tichy Drive, Mt. Holly Springs, property
Total Personal Property
3.67
37.88
250.00
416.75
5,185.00
38.09
416.14
$551,335.28
2
Register of Wills of Cumberland County, Pennsylvania
Estate of NEFF, JOSEPHINE A.
also known as
INVENTORY
continued
, Deceased
No. 21 - 03- 00451
Date of Death 5/16/2003
Social Security No. 174-20-2789
Real Estate
House and lot at 306 Tichy Drive, Mt. Holly Springs, PA, 17065. Sale proceeds
Total Real Estate
108,000.00
$108,000.00
3
COURT OF COMMON PLEAS OF CUMBERLAND COUNTY
PENNSYLVANIA ORPHANS' COURT DIVISION
No. 21-03-0451
Estate of JOSEPHINE A. NEFF, Deceased
Late of the Borough of Mt. Holly Springs
FIRST AND FINAL ACCOUNT OF
MANUFACTURERS AND TRADERS TRUST COMPANY, EXECUTOR
Date of Death:
Letters Granted:
First Complete Advertisement of Grant of Letters:
May 16, 2003
June 2, 2003
July 18, 2003
PRINCIPAL
Receipts
Net Loss on Conversions
Less Disbursements
Less Distributions to Beneficiaries
Principal Balance Remaining
INCOME
Receipts
Less Disbursements
Less Distributions to Beneficiaries
Income Balance Remaining
COMBINED BALANCE REMAINING
SUMMARY & INDEX
Pages
2
2
2-3
4
4
$ 660,137.72
540.96
659,596.76
87,561.70
572,035.06
342,261.52
$ 6,562.91
373.68
6,189.23
5,168.95
$ 229,773.54
~$ 230;-703.82
COMPOSITION OF NET BALANCES
Principal
Cash
Income
Cash
PRINCIPAL RECEIPTS
Inventory Filed
Per copy of Inventory Filed
Subsequent Receipts
11/21/03 Long term capital gains, MTB Intermediate Term Bond Fund
Shod term capital gains, MTB Intermediate Term Bond Fund
02/18/04 Erie Insurance Group, refund homeowners policy
705.16
78.28
19.00
Total Principal Receipts
PRINCIPAL CONVERSIONS INTO CASH
06/25/03 9989.517 shs. Vision Large Cap Core Fund
Proceeds
Inventoried at
60,736.26
58,438.67
10/03/03 3 shs. Erie Family Life Insurance Company
Proceeds 68.66
Inventoried at 65.66
03/23/04 6440.506 shs. MTB Intermediate Term Bond Fund
Proceeds 66,852.45
Inventoried at 69,358.63
Gain
2,297.59
3.00
03/23/04 3048.78 shs. MTB Short Duration Government Fund
Proceeds 29,786.58
Inventoried at 30,121.95
Totals
Net Loss on Conversions
PRINCIPAL DISBURSEMENTS
06/03/03
06/12/03
06/13/03
Register of Wills, Letters Testamentary
Sprint, service
Checks presented after date of death, M&T Bank Acct. 1301330
Met-Ed, service
Pharmerica, prescription drug expense
Shipley Energy, service
Cumberland Law Journal, advertising Letters Testamentary
-2-
2,300.59
$ 229,773.54
$ 1,020.28
$ 659,335.28
802.44
$ 660,137.72
Loss
2,506.18
335.37
2,841.55
$ 540.96
456.00
144.54
1,050.00
20.85
24.02
198.32
75.00
06/13/03
06/17/03
06/24/03
07/O 1/03
07/03/03
O7/O8/O3
07/16/03
07/17/03
08/05/03
08/12/03
08/18/03
08/25/03
08/26/03
09/11/03
10/01/03
10/03/03
10/09/03
10/16/03
10/27/03
10/28/03
10/31/03
11/10/03
11/12/03
11/25/03
12/05/03
12/08/03
12/10/03
12/12/03
01 / 13/04
02/05/04
02/06/04
02/11/04
PRINCIPAL DISBURSEMENTS (continued)
Hollinger Funeral Home, funeral expenses
US Treasury, estimated tax Form 1040
PA Department of Revenue, estimated tax PA40
M&T Bank, final trustee fee
Sarah A. Todd Memorial Home
Carlisle Digestive Disease Assoc. Ltd.
S.W. Barrett Real Estate, real estate appraisal fee
Spring Road Family Practice, balance due
Carlisle Regional Medical Center, balance due
Ibis Appraisal Services, personal property appraisal
Belvedere Medical Corp., balance due
Met-Ed, service
Borough of Mt. Holly Springs, service
The Sentinel, advertising Letters Testamentary
Mable R. Satteson, real estate taxes
Register of Wills, estimated PA Inheritance Tax
Met-Ed, service
Cumberland-Goodwill Fire Rescue, ambulance service
Yellow Breeches, EMS, Inc., ambulance service
Verl Williams, trash removal
Jerry Rumer, termite repairs
Met-Ed, service
Shevlin Maintenance Service, Inc., cleaning
Shipley Energy, fuel oil
Borough of Mt. Holly Springs, service
Met-Ed, service
Gilbert's Professional Pest Control, maintenance and repairs
Jim Shughart, mowing April to October 2003
Baughman Memorial Works, Inc., pick up boulder
Andorra Radiology Assoc. P.C., balance due
Tuckey Restoration, Inc., deposit per contract
West Shore EMS, ambulance service
Met-Ed, service
Shipley Energy, fuel oil
Tuckey Restoration, Inc., partial payment per contract
Jim Shughart, leaf clean-up and removal
Tuckey Restoration, Inc., final payment per contract
Met-Ed, service
Met-Ed, service
Borough of Mt. Holly Springs, service
Register of Wills, balance PA Inheritance Tax
Register of Wills, filing PA Inheritance Tax Return
1% Real Estate Transfer Fee
Borough of Mt. Holly Springs, final bill
Met-Ed, final bill
Reserved:
Martson, Deardorff, Williams & Otto, attorney fee
Manufacturers and Traders Trust Company, executor fee
Closing and Filing Costs
Total Principal Disbursements
-3-
8,499.64
250.00
200.00
122.01
370.00
67.69
275.00
150.92
840.00
117.00
6.94
17.14
87.83
85.01
1,057.62
24,000.00
16.81
28.38
52.01
160.00
1,500.00
34.77
180.20
98.07
50.19
13.43
1,874.08
330.00
200.00
42.64
1,196.00
268.03
11.31
63.37
1,195.00
160.00
1,195.00
16.38
14.94
40.78
1,645.26
31.00
1,080.00
13.45
15.07
12,140.00
24,280.00
1,500.00
$ 87,561.70
PRINCIPAL DISTRIBUTIONS TO BENEFICIARIES
/04/03
/12/03
/12/03
/12/03
Vernon B. Neff- 384 shs. Erie Family Life Insurance Co.
903 shs. M&T Bank Corp.
Heidi V. Mack - 384 shs. Erie Family Life Insurance Co.
903 shs. M&T Bank Corp.
Cynthia N. Phillips - 384 shs. Erie Family Life Insurance Co.
903 shs. M&T Bank Corp.
Wendy N. McColley - 384 shs. Erie Family Life Insurance Co.
903 shs. M&T Bank Corp.
Total Principal Distributions
INCOME RECEIPTS
07/01/03
Dividends, Vision Large Cap Core Fund
Dividends, M&T Bank Corp. 7-10-03 to 9-30-03
Dividends, Erie Family Life Insurance Co. 7-24-03 to 10-1-03
Dividends, Vision Ltd Duration/MTB Short Duration Gov. Fund
7-2-03 to 3-1-04
Dividends, Vision Intermediate Term Income/MTB Intermediate
Term Bond Fund 7-2-03 to 3-1-04
Dividends, Money Market Fund 6-13-03 to 3-1-04
Total Income Receipts
INCOME DISBURSEMENTS
Income Fees
INCOME DISTRIBUTIONS TO BENEFICIARIER
Vernon B. Neff, Jr. 6-30-03 to 12-31-03
Wendy N. McColley, 6-30-03 to 12-31-03
Heidi V. Mack, 6-30-03 to 12-31-03
Cynthia N. Phillips, 6-30-03 to 12-31-03
Total Income Distributions to Beneficiaries
$ 8,404.03
77,161.35
8,404.03
77,161.35
8,404.03
77,161.35
8,404.03
77,161.35
$ 342,261.52
$ 159.83
2,167.20
646.38
556.38
2,312.96
720.16
$ 6,562.91
$ 373.68
1,292.24
1,292.24
1,292.24
1,292.23
$ 5,168.95
MANUFACTURERS AND TRADERS TRUST COMPANY
EXECUTOR .JOSEPHINE A NEFF
Jan~ F. Burke, Vice President
-4-
COMMONWEALTH OF PENNSYLVANIA
COUNTY OF CUMBERLAND '
Jane F. Burke, Vice President, Manufacturers and Traders Trust Company, Executor,
being duly sworn, depose and says that the foregoing Account, both as to the items of charge
and discharge, are just and true to the best of her knowledge and belief.
MANUFACTURERS AND TRADERS TRUST COMPANY
EXECUTOR JOSEPHINE A. NEFF
Ja~e F. Burke', ~/ice President
Sworn to and Subscribed before me
this ._~5...~_ day of March, 2004..
Notarial
Gwendolyn E Killian,
Cari:sLe Boro, Cumberlsud
-5-
IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY
PENNSYLVANIA ORPHANS' COURT DIVISION
In The Estate of JOSEPHINE A. NEFF, Late of the Borough of Mt. Holly Springs
SCHEDULE OF PROPOSED DISTRIBUTION
Balance for distribution as per First and Final Account filed March 26, 2003
$ 230,793.82
Distribution
Cynthia N. Phillips
Principal Cash 57,443.39
Income Cash 255.07
Vernon B. Neff, Jr.
Principal Cash 57,443.39
Income Cash 255.07
Wendy N. McColley
Principal Cash 57,443.38
Income Cash 255.07
Heidi V. Mack
Principal Cash 57,443.38
Income Cash 255.07
57,698.46
57,698.46
57,698.45
57,698.45
$ 230,793.82
STATEMENT OF THE REASONS FOR THE PROPOSED DISTRIBUTION
The above distribution is proposed in accordance with the terms of the Last Will and Testament
of Josephine A. Neff, late of the Borough of Mt. Holly Springs, Cumberland County, PA.
Ja e~F. Burke, Vice President
COMMONWEALTH OF PENNSYLVANIA:
COUNTY OF CUMBERLAND
Jane F. Burke, being duly sworn according to law, deposes and says that she is Vice President
of Manufacturers and Traders Trust Company, the Account in the Estate above named, and that the facts set
forth in the Statement of the Reasons for the Proposed Distribution are true and correc,.t.
Ja~F. Burke,~~4-~Vice President
Sworn to and Subscribed before me
this ~.5'~4'' day of March 2004.
Notarial
Gw,~r~dolyn E. Kill an, Notary'
Carlisle Boro, Cumberland Co
COURT OF COMMON PLEAS OF
CUMBERLAND COUNTY~ PENNSYLVANIA
ORPHANS; COURT DIVISION
NO. 21'03~-0451
ESTATE OF JOSEPHINE A. NEFF: Decd.
LATE OF THEBOROUGH OF MT,, HOLLY
SPRINGS. PA
FIRST AND FINAL ACCOUNT AND
SCHEDULE OF PROPOSED DISTRIBUTION
MANUFACTURERS AND TRADERS TRUST COl
DATE OF DEATH May 16 2003
DATE OF FILING March 26 2004
Ja~F~t~ Bur~ke ~Vi~ce President
MaWufacturers and Traders Trust Co~
'ANY EXECUTOR
BUREAU OF INDIVIDUAL TAXES
INHERITANCE TAX DIVISION
DEPT. 280601
HARRISBURG, PA 17128-0601
JANE F BURKE
MANUF & TRADERS TRUST
PO BOX 220
CARLISLE
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
NOTICE OF INHERITANCE TAX
APPRAISEMENT, ALLOWANCE OR DISALLOWANCE
OF DEDUCTIONS AND ASSESSMENT OF TAX
'04 MAf~ 19
DATE
ESTATE OF
DATE OF DEATH
,~EI LE NUMBER
P, tl :a~OUNTY
ACN
· I
CUT ALONG THIS LINE ~
05-22-2004
NEFF
05-16-2005
21 05-0451
CUMBERLAND
101
REV-1547 EX AFP C01-05)
JOSEPH[NE A
Amount Remitted ]
HAKE CHECK PAYABLE AND REMIT PAYMENT TO:
REGISTER OF WILLS
CUMBERLAND CO COURT HOUSE
CARLISLE, PA 17015
RETAIN LOWER PORTION FOR YOUR RECORDS *~
REV-1547 EX AFP COl-OS) NOT[CE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX
ESTATE OF NEFF JOSEPHINE A FILE NO. 21 05-0451 ACN 101 DATE 05-22-2004
TAX RETURN WAS: C X) ACCEPTED AS FILED C ) CHANGED
RESERVATTON CONCERNING FUTURE INTEREST - SEE REVERSE
APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN
1. Real Estate CSchedule A)
2. Stocks and Bonds CSchedule B) C2)
$. Closely Held Stock/Partnership Interest CSchedule C)
~. Mortgages/Notes Receivable CSchedule D)
5. Cash/Bank Deposits/Misc. Personal Property CSchedule E) C5)
6. Jointly Owned Property CSchedule F)
7. Transfers CSchedule G} C7}
8. Total Assets
APPROVED DEDUCTIONS AND EXEMPTIONS:
9. Funeral Expenses/Adm. Costs/Misc. Expenses CSchedule H) C9~
10. Debts/Mortgage Liabilities/Liens CSchedule I} C10~
11. Total Deductions
12. Net Value of Tax Return
108t000.00
499r462.99
.00
.00
51~872.29
.00
.00
47,127.65
14~242.72
(:11::)
C12}
13.
1~.
NOTE:
ASSESSMENT OF TAX:
15. Amount of L/ne 1~ at Spousal rate
16. Amount of L/ne 1~ taxable at Lineal/Class A rate
17. Amount of L/ne 1~ at Sibling rate
18. Amount of L/ne 1~ taxable at Collateral/Class B rate
19. Principal Tax Due
TAX CREDITS:
PAYMENT I RECEIPT
DATE NUMBER
08-12-2005 CD002892
02-05-2004 CD005555
Charitable/Governmental Bequests; Non-elected 9115 Trusts CSchedule J]
Net Value of Estate Sub3ect to Tax
If an assessment ~as issued previously, lines
reflect figures that lnclude the total of ALL
(15)
C16)
(17)
(18)
C14)
14, 15 and/or 16,
returns assessed to date·
· O0 x O0 =
597,964.91 x 045=
· O0 x 12 =
· 0O x 15 =
C19)=
IF PAID AFTER DATE INDICATED, SEE REVERSE
FOR CALCULATION OF ADDITIONAL INTEREST.
NOTE: To insure proper
credit to your account,
submit the upper portion
of this form w/th your
tax payment.
659,335.28
DISCOUNT C+)
AMOUNT PAID
INTEREST/PEN PAID C-)
1,263.16 24,000. O0
.00 1,&45.26
&].370.37
597,964.91
.00
597,964.91
.00
17, 18 and 19 will
26,908.42
.00
.00
26,908.42
TOTAL TAX CREDIT I
I
BALANCE OF TAX DUE
INTEREST AND PEN.
TOTAL DUE
26,908.42
.00
.00
.00
C IF TOTAL DUE IS LESS THAN 91, NO PAYMENT IS REQUIRED.
IF TOTAL DUE IS REFLECTED AS A "CREDIT" CCR), YOU MAY BE DUE
A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.>
STATUS REPORT UNDER FULE 6.12
Name of Decedent:
Date of Death:
Will No.
Josephine A. Neff
May 16, 2003
21-03-0451
Admin. No.
Pursuant to Rule 6.12 of the Supreme Court Orphans' Court Rules, I report the following
with respect to completion of the administration of the above-captioned estate:
1. State whether administration of the estate is complete: Yes X No
2. If the answer is No, state when the personal representative reasonably believes that the
administration will be complete:
3. If the answer to No. 1 is Yes, state the following:
a. Did the personal representative file a final account with the Court?
Yes X No
b. The separate Orphans' Court No. (if any) for the personal representative's
account is:
c. Did the personal representative state an account informally to the parties in
interest? Yes No X
Copies of receipts, releases, joiners and approvals of formal or informal accounts may
be filed with the Clerk of the Orphans' Court and may be attached to this report.
Date:
May 1'7~ 2004
Signature
Jane F. Burke, Vice President
M and T Investment Group
1 W. High Street
P.O. Box 220
Carlisle, PA 17013
717-240-4504