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Home My WebLink About02-0895 Estate of Dwane C. Watson also known as Dwane Charles Watson PETITION FOR PROBATE and GRANT OF U;uliliS dl-o~-<;1CJ6 No. To: Register of Wills for the Deceased. Count}' of Cumber land in SocIal Secumy No. 503-28-3161 Commonwealth of Pennsylvania The petition of the undersigned respectfully represents that: Your petitioner(s), who is/~18 years of age or older an the execut rix in [he last will of the above decedent, dated June 26. 2000 and cOdicil(s) dated [he named xW_ (state reJevant circumstances. e.g. renunciation. death of executor. etc.) Decendent was domiciled at death in Cumber] i'mil h is last family or principal residence at 848 Ham} 1 ton St., Cumber land County, Fennsy 1 vania (liSt street. number and muncpa.lity) County, Pennsylvania, with Carlisle Borough, Decendent, then __ 69 years of age, died SeDte.mber 16, 2002 ,>q:g at Carlisle Regional Medical Center, Carlisle. Currlberlano county, FA , Except as follows, decedent did not marry, was not divorced and did not have a child born or adopted after execution of the will oiiered 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 nor domiciled in Pa.) Personal property in Pennsylvania (If nor domiciled in Pa.) Personal property in County Value of real estate ill Pe!:nsylvania situated as follows: S 300.000.00 S S S WHEREFORE, petitioner(s) respectfully request(s) the probate of the last will and codiciI(s) presented herewith and the grant of letters testamentarY (rcnammtary; administration c.t.a.: adminism:uion d.b.n.c:.t.a.) theron. ~ " u C u .]3 u ~ "'~ =9 ;-= u ~"- ~~. ;; c ~ <ii Ji f '/: /'L- ' / '-; "/ 'TeA , . L ..LdeL'~' ,r;, C-/~:L'//7 ,/ DeF.lda L. atson R4R Hami iron street r~rlisle. FA 17013 OATH OF PERSONAL REPRESENTATIVE COMMONWEALTH OF PENNSYLVANIA } 88 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- talive(s) of [he above decedent pelilioner(s) will well and truly administer the estate according 10 law. I ~'.. '/. /~ - i1~1'~;"fi: Md m':J::ltf;~ ~1~i( 0;Z,<A ~7"-?-" 00000 M~~ ~~~,,,.q.~ '" €' ~ .., ::;- ~ No. 21-2002-895 Estate of!)wane C. Watson, a/k/a !)wane Charles Watson , Deceased DECREE OF PROBATE AND GRANT OF LETTERS AND NOW October 4th ~ 2002. 'd' f h . . In conSl eratlon 0 t e perman on the reverse side hereof, satisfactory proof having been presented before me, IT IS DECREED that the instrument(s) daten June 26. 2000 described therein be admitted to probate and filed of record as the last will of [)wane C. Watson, a/k/a !)wane Charles Watson and Letters Testamentarv are hereby granted to TlPElda L. Watson FEES Probate. Leners, Etc. ......... Shan Cerrificares( 2) .......... Renunciation ................ x-Pages (9) JCP $270.00 $ 9.00 $ $ 27.00 TOTAL _ $ 5.00 Of::.1;Ql:?~:r. ~.t.l')~QQ?..... .$. :3.1.l,..QQ.. Register of Wills ~l L ~nna M. Otto, 1st ~~stone #39785 AITORNEY (Sup. Ct. J.D. No.) 414 Bridge St., New Cumberland, PA 17070 ADDRESS Filed (717) 774-7435 PHONE ..~ ; MAILED LE'ITERS 'ID ATTDRNEY ON 10-4-02 '1"1",", [) "r[',[\" flnt [he illr()rlll~lIi()ll hue OJvcn is correctlv copied fl-0Il1;111 original ccnifllarc o(lkdth du]~' lllcd with me as ,liS IS l Cl:. I, '"' - ., _ 1'1' I "11 R '''I''ll'll" 'The orip]J]d ci:'rrilrc:1r(' will he. hw.-vardcd ro the SLltt' \'jca] Records ()HICl' for pcnnancntllng. ))l, '\.lr>"" C ' WARNING: It is illegal to duplicate this copy by photostat or photograph. Nil. Il~~~]?p~ ,~' ~4'~", !t~! _ ~~- \~" If~,/' ~, \,~.% ~~I .r..',_ 'h~ ~~*~, ~"'"""".:!*i ~~\ . .-~i~,,\ \.<Q>~ ..~\/ '\:t!,ifENT ~\~~",",. ~/ ~~:f~~~ I,(ll-al Rt't';Islnr J'L'L' fm this ccrritlcHl>. S.~.(I() P 8608215 SEP 1 8 2002 - -~-~-~- [):Ifl' >11QS:4JR...21B7 COMMONWEALTH OF PENNSYLVANIA. DEPARTMENT OF HEALTH. VITAL RECORDS CERTIFICATE OF DEATH 3R1NT . .NENT <~, AOE(la"8<1t>COy! UNOI:R1 'Jf,AA ........". Dop U"IOERIOA.Y _!M"",," '" 2. Male Sl""E~'lE"""""'E~ SCCI.&.LSECU~ITYNUloleEA ,,503 - 28 3161 NAUE ~ oeCEOENT {f~... "'.-e, La", Dwane Charles Watson ., ~I k CUmberland Center OATEOFOEATIi,_.o..~.'_1 .. Sept. 16, 2002 , COUNTYOFOERIi 69 '" BlRTHPl..ACEICoIya~a PLACEOFOEA"I"H<C""".""'y"""___,nS"UCI"""""""'"'_1 ~1."'fer"'9"ea...""YI 110SPITAl; Sioux Falls, SD Inpa..... ex Ef\IOLtpa,..... LJ T. N. FACILITYNAIolE(~no'"....,,,,,,,,,,,g""'..r_Inclnum_, =.....,0 OECEOENT'S USUAl.. OCCUf'AJiON (~-~.;;,,:"c.:::~:r "'" Colonel 1110. US Army OECEOEtn"'S UAlll"lG AOOAESS(Slro<<, Coty!Town,~, Z",C"""j DECEDeNT'S 848 Hamilton St. ~~~~ carlisle, Pa 17013 ~~~~ k, Carlisle AACE.A__~.BIIIoI:k._~..Mc """"" White KINOOfBUSINESS/INOUSTRY _S DECEDENT EVER IN U,S.ARUEOFOACES? v..l'tI ,..,0 11..SlI.. PA oecE~NrsEDUCA"I"'ON MN=...~~:,~~~ e-..,."s.e"""",., Col. OiYooce<l(Speclfy! 13. (0-'21 ("~"'~'l5+ 14. Married llid l1c.0....~.II_in - ~.. -...nip? l?a.&J :::0::::::", MOTHER'S NAMe If.... 101_. u_s..,.~amel 11. Frances Pettit INFORNANT'S IolAIUNGAOOAESS~.CIlyfb.on. Sle'., Z",Co<leI Hb.848 Hamilton St., Carlisle, Pa 17013 PLACE Of DlSPOSlTION. H.....oIC_...,. C,.m.!Or't LOCAflON,CifylT_. Sl....lipc...,. 0I0I""1"Iec. SURVMNGSPOuSE I"_.go...,-,,,,,,,,,, n, ... .. FAfHEA'SNANEIF....UoO<lIe,l-...1 Everett 11l>.c.... Cumberland Carlisle "'- co, INFOO/olAHT'S NAUE (T1\>OIIPr;m1 DeElda Watson c. Watson U€THOOOI'OlSPOSITlON e.-I 0 c-n.,.,..K] o..n..;".,O Ol_~ ,.. ~_St...O OlI>e.lign;r!cenl.....-..~IO_rr.,fIUI -.....~in9in....~_g;.eninPll.RTt I: OUf:.lOCORASACONSEOVENCEOF) WERE"'U'fOPSYFtNOI"lGS UAHNEROF oeATH _l.A8LEPRlORro COUPlETlONOfCAUSE ,_. W'" Ham.,.,. 0 Of'DEnIi? -- 0 ".nd0n9t~_'vot"'" 0 ~ 0 ~I>r _0 ~ ~ SuO::do 0 COUld_be""'.",,,.,.., 0 D...TEOf IH.JUAY 1l.l""",.Oey, "''''1 TIUEOF tH.JURY tNJURY AT \YORK? OESCRIBEHOWlNJ\.lRYOCC1JRREO "IIEDIC"'LEX...NINER/CORONEA ,,"tho b,..I. of ......1...1101' ...dlorl""'.lIg..io... I.. my oplnlo.., dUlh occurr.d.1 .h.lI..... dOl.. .nd pl.ce, .nd d"o 10 Ih. uu..(.)...d ...............,0<11.,............,....,.. ............ '" REG'STAAR'SS'GNATUAEA '" ~.~~~ I~ 1,,'<<1,01 , - )Ce. U.3Ilc Pl.ACE~IH.JUAY..r.t""m..h..m.Jt'..t.racl...,..olfio;. buikIng,"",rSpecoM .... 2'''. 2't. 30e. a:lI'ltFtERIC~ec.""",,,,,,,,, .ClIITIFYI~PHYSlCI...N("""""'....<~CMlIlI<JIl@.'h...,"".'"<"h..."""""''''''h..PrClr<ll>r'lCldae.'''.ncl''''''''''''~".....2J1 T.__.OI'...,I<now'-"ve.ao."'oo:eu'"""_........"..(I/.r>dm.t>n........od. . "PRONOuNCING ANO C1!:l'ITtI'YING PHYSIC'_(""~ txMl1 ",onouOCI"'l"""'h andc"",t\'ll'lQ'ocau..'" o,.tnl TO...._ol"',kno_lI'l.duthOCc............._,d.,.,.""p'oc...""a.....lhoUU..'.)."""'.nn.,.....tl<l.. ~ .. \ 'f J.OOd-. , II. ,I il il :1 I ep\wills\watson.dwn\6-00 c2/-0d-g9.5 LAST WILL AND TESTAMENT OF DWANE C. WATSON I, DWANE C. WATSON, of the Borough of Carlisle, County of Cumber- land, and Commonwealth of pennsylvania, declare this to be my last will and revoke any will previously made by me. ITEM I: I bequeath my automobiles, household and personal effects and other tangible personalty of like nature (not including cash or securities) together with any existing insurance thereon, to my wife, DeELDA L. WATSON, if she survives me by thirty (30) days. Should my wife, DeELDA L. WATSON, not be living on the thirty-first (31st) day after my death, I bequeath such tangible personalty and insurance thereon to such of my children, DeLANE CHARLES WATSON, DARYL CONRAD WATSON, DENISE MARGARET WATSON, and DALE EVERETT WATSON, as are living on the thirty-first (31st) day after my death, to be divided among them by my Executrix with due regard for their personal prefer- ences in as nearly equal shares as practical. ITEM II: If my wife, DeELDA L. WATSON, survives me by thirty (30) days, and if the federal estate tax due because of my death will be reduced by making this gift for her benefit, I devise and bequeath to my wife, DeELDA L. WATSON, absolutely, an amount equal to the least Page 1 of 10 II I amount (based upon values as finally determined for federal estate tax purposes) as shall be needed for the federal estate tax unlimited marital deduction to reduce the federal estate tax to the lowest possible figure after full use of all other deductions and credits allowable in calculating the federal estate tax, except that such amount shall be calculated without regard to the augmenting of my taxable estate by reason of generation-skipping transfers and without regard for any credit for state death taxes that would not otherwise be payable. Accordingly, I direct that: A. If the marital deduction, or any similar benefit, is allowable with respect to any property, including property held by entireties, which my wife has received prior to my death or at my death will receive otherwise than pursuant to this Item II, the value of such property shall be taken into consideration in calculating the size of the gift under this Item II. B. No property ineligible for the marital deduction, or any similar benefit, shall be distributed to this gift for my wife, DeELDA L. WATSON, pursuant to this Item II. c. Either cash or investments or both may be allocated to the gift under this Item II. D. Any property allocated under this Item II in kind shall be valued at the value at which it is finally included in my gross Page 2 of 10 estate for federal estate tax purposes, provided that the aggregate market value thereof on the date of allocation (plus the value as finally determined for federal estate tax purposes of all other property qualifying for the marital deduction) is at least equal to the dollar value of the marital deduction as finally determined for federal estate tax purposes. E. If any provision of this Item II shall result in depriv- ing my estate of the marital deduction for federal estate tax pur- poses, such provision is hereby revoked and this Item II shall be read as if any portion thereof inconsistent with allowance of the marital deduction for federal estate tax purposes is null and void. ITEM III: If my wife, DeELDA L. WATSON, survives me by thirty (30) days, I devise and bequeath the residue of my estate, of every nature and wherever situate, to the Co-Trustees hereinafter named, IN TRUST, for the following uses and purposes: A. To pay the net income therefrom to my wife, DeELDA L. WATSON, for and during her lifetime in such periodic installments as the non-spouse Co-Trustee shall find convenient, but at least as often as quarter-annually. B. As much of the principal of this trust as the non-spouse Co-Trustee, in its sole discretion, may from time to time think advisable for the support of my wife to maintain her in the station of Page 3 of 10 ~, life to which she is accustomed at my death, shall be either paid to her or else applied directly for her benefit by the non-spouse Co- Trustee after taking into account her other readily available assets and sources of income. C. The non-spouse Co-Trustee may apply the net income of this trust for the support of my wife, DeELDA L. WATSON, should she by reason of age, illness or other cause, in the opinion of the non- spouse Co-Trustee, be incapable of disbursing it. D. In addition to the above provisions, my wife shall have the power to direct Co-Trustees to pay to her or to apply out of principal in each year, including the year of my death, an amount not in excess of the greater of Five Thousand ($5,000.00) Dollars or five (5%) percent of the then aggregate value of the trust principal. This power is non-cumulative and can be exercised only by an instrument in writing signed by my wife, and delivered to Co-Trustees. E. Upon the death of my wife, DeELDA L. WATSON, or upon my death should my wife predecease me, the Co-Trustees shall distribute the balance of the principal and any accumulated and undistributed income pursuant to the provisions of Item IV herein. ITEM IV: If my wife, DeELDA L. WATSON, predeceases me or dies on or before the thirtieth (30th) day following my death, or upon the death of my wife as provided in Item III.E. herein, I devise and Page 4 of 10 , , bequeath all of my estate, of every nature wherever situate in equal shares to such of my children, DeLANE CHARLES WATSON, DARYL CONRAD WATSON, DENISE MARGARET WATSON, and DALE EVERETT WATSON, as survive me by thirty (30) days. Should any of my above named children predecease or die on or before the thirtieth (30th) day following my death, I devise and bequeath the share of such child to his or her issue, per stirpes, living on the thirty-first (31st) day following my death; and should any such child of mine leave no such issue living on the thirty-first (31st) day following my death, I devise and bequeath the share of such child to my issue, per stirpes, living on the thirty- first (31st) day following my death. ITEM V: Should any person entitled to a share of my estate not have attained the age of twenty-one (21) years at the time of distri- bution to him or her or, in the opinion of the Co-Trustees, be incapa- ble of disbursing his or her share because of illness or other cause, I devise and bequeath the share of each such issue to the Co-Trustees hereinafter named, IN SEPARATE TRUST, to hold, manage, invest and reinvest the share so received, and the accumulation of income thereon, and to use and apply the income and principal, or so much thereof as, in the Co-Trustees' discretion, may be necessary or appropriate for such child's support and education (including college education, both graduate and undergraduate) without regard to his or Page 5 of 10 ij. her parent's ability to provide for such support or education, to make payment for these purposes, without further responsibility, to such child or such child's parents or to any person taking care of such child. Any principal or income not so applied shall be distributed to such child absolutely when he or she attains the age of twenty-one (21) years or become competent. If he or she dies before obtaining age twenty-one (21) years or before becoming competent, the trust shall terminate and such shares shall be distributed to his or her personal representative. ITEM VI: The interests of the beneficiaries hereunder shall not be subject to anticipation or voluntary or involuntary alienation. ITEM VII: All federal, state and other death taxes payable because of my death, with respect to the property forming my gross estate for tax purposes, whether or not passing under this will, together with any interest or penalty imposed in connection with such tax, shall be considered a part of the expense of the administration of my estate and shall be paid from my residuary estate without apportionment or right of reimbursement. ITEM VIII: My Executrix and Co-Trustees shall have the following powers in addition to those vested in them by law, and by other provisions of my will applicable to all property, whether principal or Page 6 of 10 ~. ,I , income, including property held for minors, exercisable without court approval and effective until actual distribution of all property: A. To retain any or all of the assets of my estate, real or personal, including stock of a corporate fiduciary or of its parent holding company, without regard to any principle of diversification. B. To invest in all forms of property, including stocks, common trust funds and mortgage investment funds whether operated by my corporate fiduciary or others, without restriction to investments authorized for Pennsylvania fiduciaries, as they deem proper, and without regard to any principle of diversification. C. To sell at public or private sale, to exchange or to lease for any period of time, any real or personal property and to give options for sales, exchanges or leases, for such prices and upon such terms or conditions as they deem proper. D. To allocate receipts and expenses to principal or income, or partly to each, as they, from time to time, think proper in their sole discretion. E. To borrow from, or to sell to, my Co-Trustees even though such Co-Trustees may be my Executrix. F. To compromise any claim or controversy. G. To join with my wife, DeELDA L. WATSON, or her personal representative, in filing a joint income tax return without requiring Page 7 of 10 II. II I' her to indemnify my estate against liability for the tax attributable to her income and to consent to any gift made by my wife during my lifetime being treated as having been made one-half by me for purposes of the federal gift tax law. ITEM IX: I appoint my wife, DeELDA L. WATSON, and my daughter, DENISE M. WATSON, Co-Trustees of any trusts created by this my last will. ITEM X: I appoint my wife, DeELDA L. WATSON, Executrix of this my last will. Should my wife, DeELDA L. WATSON, fail to qualify or cease to act as Executrix, I appoint my daughter, DENISE M. WATSON, Executrix with the same powers and duties of this my last will. ITEM XI: I direct that my Executrix and Co-Trustees and their successors shall not be required to give bond for the faithful perfor- mance of their duties in any jurisdiction. IN WITNESS WHEREOF, I, DWANE C. WATSON, have hereunto set my hand and seal this 1 (. day of ,JlA.\o'\.-'l.. 2000. j:ll)QV\R C (J c&~ DWANE C. WATSON SIGNED, SEALED, PUBLISHED and DECLARED by DWANE C. WATSON, the Testator above named, as and for his Last Will and Testament, and in Page 8 of 10 II. the presence of us, who at his request, in his presence and in the presence of each other, have subscribed our names as witnesses. It~. )(()/ltb,. ~~ . ~ , Address t~/1/ 7"? '~'U".../iU---.f ~ss 0- ~-<--V. r;~ ~~-",-,-<.e(1 .4... Address COMMONWEALTH OF PENNSYLVANIA) ) SS. COUNTY OF CUMBERLAND ) I, DWANE C. WATSON, the Testator whose name is signed to the attached or foregoing instrument, having been duly qualified according to law do hereby acknowledge that I signed and executed this instru- ment as my last will; that I signed it willingly and that I signed it as my free and voluntary act for the purposes therein contained. OwiA~ C l)~"",,, DWANE C. WATSON Sworn to or affirmed to and acknowledged before me by DWANE C. WATSON, the Testator, this ~ day of 1.JjI..{'_ ' 2000. I? if ~.L~ . '/ c)f!&( Notary Pul!Slic Page 9 of 10 NOTARIAL SEAL Pl'JRfCHIA L. YOTER, Notary f'uljk; NIlw Cumberland BolO. Cumberland Co. My Commlssloll Expires Nov. 18, 2002 II. COMMONWEALTH OF PENNSYLVANIA) ) SS. COUNTY OF CUMBERLAND ) We, 0Ath" ,(1. J~ and ;{a</ p ---P. , Iltck""y the witnesses whose names are signed to the attached or foregoing instrument, being duly qualified according to law, depose and say that we were present and saw Testator sign and execute the instrument as his last will; that Testator signed willingly and that he executed it as his free and voluntary act for the purposes therein expressed; that each of us in the hearing and sight of the Testator signed the will as witnesses; that to the best of our knowledge, the Testator was at that time eighteen or more years of age, of sound mind and under no con- straint or undue influence. W'tZsK ~:"a~ Sworn to or affirmed to and acknowledged before me by ~UI'.o "I. J~ this ~t.. and V~L'~. 12 I. I..J.-c' , L. LLICKt<''1 1 witnesses, day of .::svJ\l-e , 2000. ~ - /;~-&;L_-:; ~. ct1-tf<__ . Nota:r-y Public / Page 10 of 10 NOTARiAl SEAL PATRlCHIA L. YOTER. Nolary ~k: New Cumberland Boro. Cumberland Co. My Commlssloo Expires Nov. 16, 2002 I! ~ I I I: II " Ii I i CERTIFICATION OF NOTICE UNDER RULE 5.6(a) Name of Decedent: Dwane C. Watson, a/k/a Dwane Charles Watson Date of Death: September 16, 2002 Will No. 21-02-0895 To the Register: I Ii ;1 I I certify that notice of beneficial interest 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 November 5, 2002: DeElda L. Watson 848 Hamilton Street Carlisle, PA 17013 DeLane Charles Watson 10810 East 159'" Place Brighton, CO 80601 Daryl Conrad Watson 75 Rockland Avenue Bradford, PA 16701 Denise Margaret Watson 10810 East 159',,, Place Brighton, CO 80601 Major Dale Everett Watson CMR 416 Box 815 APO AE 09140 Notice has now been given to all Rule 5.6(a). persons entitled thereto under r::A1Zf It DA~t~JJ/*ONE, Esquire 414 Bridge Street New Cumberland, PA 17070 717-774-7435 Date: '1- t -02 Capacity: Personal Representative X Counsel for Personal Representative I t lnventory of the real and personal estate of Dwane Charles Watson a/k/a Dwane C. Watson deceased Inventory Estate of Dwane Charles aka C. Watson From 09/16/2002 To 10/08/2003 Description Accrued Income Value Form 706 Schedule B Common Stocks Charney Invstmt. Group-Berkshire Charney Invstmt. Group-Evergreen Charney Invstmt. Group Evergreen PA Charney Invstmt. Group-Fidelity Charney Invstmt. Group-American Exp Charney Invstmt. Group-Arngen Inc. Charney Invstmt. Group-Analog Charney Invstmt. Group-Applied Charney Invstmt. Group-Automatic Charney Invstmt. Group-Bea Systems Charney Invstmt. Group-Cisco Charney Invstmt. Group-Citigroup Charney Invstmt. Group-CasteD Whsl Charney Invstmt. Group-Concord Charney Invstmt. Group-Fed Home Ln Charney Invstmt. Group-Fox Enter Charney Invstmt. Group-Genetech Charney Invstmt. Group-Household Charney Invstmt. Group-Idee Pharm Charney Invstmt. Group-Intel Corp. Charney Invstmt. Group-Kohls Corp. Charney Invstmt. Group-Eli Lilly Charney Invstmt. Group-Lowes Co Charney Invstmt. Group-Maxim Integ Charney Invstmt. Group-Medtronic Charney Invstmt. Group-Microsoft Charney Invstmt. Group-Oracle Charney Invstmt. Group-Pepsico Inc Charney Invstmt. Group-Pfizer Inc Charney Invstmt. Group-SLM Corp. Charney Invstmt. Group-Stilwell Fin Charney Invstmt. Group-Target Corp. Charney Invstmt. Group-Tax lnstrum Charney Invstmt. Group-Travlers P Charney Invstmt. Group-Travlers Pp Charney lnvstmt. Group-United Charney Invstmt. Group-Univision Charney Invstmt. Group-Veritas Charney Invstmt. Group-Viacom Inc Charney Invstmt. Group~Wal-Mart Charney Invstmt. Group-Walgreen Charney Invstmt. Group-Xilinx Inc. Charney Invstmt. Group-Cisco Sys 12,495.00 111,027.03 11,862.17 20,538.75 5,713.76 3,940.23 1,234.24 1,127.63 2,104.48 750.63 685.29 1,045.80 3,247.68 745.44 4,718.56 3,503.60 1,942.29 1,914.63 2,141.30 1,727.00 1,220.60 2,350.00 6,411.27 922.95 8,068.41 3,535.72 2,821.12 1,146.60 6,553.40 5,127.75 877.18 2,435.40 3,800.16 13.97 42.42 5,035.77 1,927.20 931.50 3,608.76 3,449.25 3,655.60 908.95 3,840.21 Total !/ 261,14 .70 COMMONWEALTH OF PENNSYLVANIA COUNTY OF CUMBERLAND 'I J 5S: DeElda L. Watson being duly sworn according to law, deposes and says thatS he is the Executrix of the Estate of Dwane Chg,rles Watson a/k/ a Dwane C. late of ~~~i~l",_B()r_o_ug:!1 ___m __ _ , Cumberland County, Pa., deceased and tha'f'Th\son within is an inventory made by DeElda L. Watson _______, the said Executrix of the entire estate of said decedent, consisting of all the personal propd'rty and real estate, except real estate outside the Commonwealth of Pennsylvania, and that the figures opposite each item of the Inventory represent it's fair value as of the date of decedent's death. 19 I A~M/4;r k~~ ~ DeElda L. Ex.e'lo,,;"' _tstrot.". Watson rlX 848 Hamilton Street and subscribed before me, Carlisle, PA 17013 Address Date of Death 16 09 2002 Yoar Day Month INSTRUCTIONS I. An inventory must be filed within three months after appointment of personal representative. 2. A supplement inventory must be filed within thirty days of discovery of additional assets. 3. Additional sheets may be attached as to personalty or realty 4. See Article IV, Fiduciaries Act of 1949. I , , I ~ ~I I 0 a ..c: Ii U) u), tJ' -0 LO >- +> +>' ::l ~ '" I- W ~~ 0 ~ I >- "" I- >< ~ co UJ ..0:; ~ 0 I r:x: 0- ,- U) I 0 u ~ 0 I1l ~ I 0 c~ (])J C '" ,... N I, w "" UJ ~ ~ 0 l- I "- ..... (]) 0- 0: _J u.. ~ I Z ,- ~ 0): ..... ~ 0 I: u.. ...J <( 0 ro d U) 0- ~ ..... W ..0:; UJ N > 0 "" ..c:cd 'M ,;. ..0:; ,] Z U~ ..... + 0: I, Z 0 c 5[ ~ 0 I V"l z (]) , 0 '" U z II UJ -< ~ rl! ... 0- ro--.; ." II ~~I 0: ~ , 0"-' - 0: I ro' 0 ~ , ..c .... i ~ E ." 0 + ~ ..!! 0 , ~ U u:: ... , -' ..--.--.-.-- Inventory Estate of Dwane Charles aka C. Watson From 09/16/2002 To 10/08/2003 Description Accrued Income Form 706 Schedule C Money Market Accounts Charney Invstmt Group-Single Acct M Charney Invstmt Group-Vision Acct M Form 706 Schedule F Misc. Personal Property 1931 Ford Model A Roadster 1931 Ford Cpe Victoria - 2 - Value 61.95 12,107.00 455.00 580.00 Total 12,168.95 1,035.00 274,353.65 . c/ REV-1500EX(6-00) OFFICIAl USE ONLY COMMONWEALTH OF PENNSYLVANIA OEPARTMENT OF REVENUE DEPT. 280601 HARRISBURG. PA 17128.0601 REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT FILE NUMBER 21 2002 ...Jl89L __ YEAR NUMBER COUNTY CODE I- Z W C w U w C DECEDENTS NAME (LAST, FIRST, AND MIDDLE INITIAL) Watson, Dwane Charles a/k/a Dwane C. DATE OF DEATH (MM DO-YEAR) DATE OF BIRTH (MM-DD YEAR) 09/16/2002 06/09/1933 (IF APPLICABLE) SURVIVING SPOU~E'S NAME (LAST. FIRST, AND MIDDLE INITIAL) Watson, DeE Ida [Z] 1 Original Return D 4. Limited Estate 00 6 Decedent Died Testate (Attach copy of Will) D 9. Litigation Proceeds Received REGISTER OF WILLS SOCIAL SECURITY NUMBER SOCIAL SECURITY NUMBER 503-28-3161 THIS RETURN MUST BE FILED IN DUPLICATE WITH THE W l- :x:::!;rn ()O:'" w"-() ",00 ()O:-J "-"' "- < D 2. Supplemental Return D 3 Remainder Return (date of death prior to 12-13-82) o 4a. Future Interest Compromise (date of death after 12-12-82) CJ 5. Federal Estate Tax Return Required CJ 7. Decedent Maintained a Living Trust (Attach copy ofTrust) _ 8. Total NumberofSafe Deposit Boxes D 10. Spousal Poverty Credit (date of deafh between 12-31-91 and 1-1-95) CJ 11. Election to tax under Sec. 9113(A)(AftaChSchO) '" z w " z " "- '" W 0: 0: o <.J THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: NAME COMPLETE MAILING ADDRESS David H. Stone, Esquire FIRM NAME (If Applicable) 414 Bridge Street Cumberland, PA 17070 New Stone LaFaver & Shek1etski TELEPHONE NUMBER 717-774-7435 Real Estate (Schedule A) 0.00 261,149.70 0.00 0.00 13,203.95 0.00 OFFICIAL. USE ONLY (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 (Schedule E) (5) Z 6. Jointly Owned Property (Schedule F) (6) 0 D Separate Billing Requested ~ :5 7 Inter-Vivos Transfers & Miscellaneous Non-Probate Property (7) => (Schedule G or L) l- ii: 8. Total Gross Assets (total Lines 1-7) <( U W 9. Funeral Expenses & Administrative Costs (Schedule H) (9) 0:: 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) (10) 11. Total Deductions (total Lines 9 & 10) 0.00 (8) 16,865.75 0.00 274,353.65 (11) 16,865.75 257,487.90 257,487.90 12 Net Value of Estate (Line 8 minus Line 11) 13 Charitable and Governmental Bequests/See 9113 Trusts for which an election to tax has not been made (Schedule J) (12) (13) 14. Net Value Subject to Tax (Line 12 minus Line 13) SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax 0.00 Z rate, or transfers under Sec. 9116 (a)(1.2) 0 ;:: 16 Amount of Line 14 taxable at lineal rate 0.00 < '" ::> 0.00 "- 17. Amount of Line 14 taxable at sibling rate " 0 0.00 () 18 Amount of Line 14 taxable at collateral rate >< < Tax Due '" 19. (14) 0.00 x.OO_(15) 0.00 0.00 0.00 0.00 0.00 x.04~(16) x.12 (17) x.15 (18) (19) 20. D CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT > > BE SURE TO ANSWER ALL QUESTIONS ON REVERSE SIDE AND RECHECK MATH < < 2W46451.000 Decedent's Complete Address: STREET ADDRESS 848 Hamilton Street CITY I STATE I-ZIP Carlisle PA 17013 Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Po,erty Credit B. Prior Payments C. Discount (1) 0.00 0.00 0.00 0.00 Total Credits (A + 8 + C) (2) 0.00 3. Interest/Penalty if applicable D. Interest E. Penalty 0.00 0.00 Total InterestlPenatty (D + E) (3) 0.00 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Check box on Page 1 Line 20 to request a refund (4) 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) 0.00 A. Enter the interest on the tax due. (5A) 0.00 8. Enter the total of Line 5 + 5A. This is the BALANCE DUE. Make Check Payable 10: REGISTER OF WILLS, AGENT (58) 0.00 PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS No [Z] [Z] [Z] [Z] \Xl IX.I contains a beneficiary designation? . . . . . . , . . . . . . . . . . . . . . . . . . . . . . . .. D [z] IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. Uhder penalties of perjury, I declara that I have examined this return, including accompanying SChedulas and statements, and to the best of my knowledge and belief, it is true, correct and complete Declaration of preparer other than the personal re?(esentat~ is based 00 all information cfwhich pfeparer \1a1'. any !l.nowledge 1. Did decedent make a transfer and: 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, bene'f\ts or care? . . . . . . . . . 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 Yes 2. D D D D D D :ARS~~JZ~ ADDRESS 84~Itii;;il ton S reet Carlisle PA 7013 ROTHER THA ESENTATJVE DATE /-/5....0'1 New 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.~ 9916 (a) {1.1} (i)j. For dates of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to or for the use oflhe 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 orfor the use of the decedent's lineal beneficiaries is 4.5%, except as noted in 72 P.S. ~ 9116(1.2) [72 P.S. ~9116(a)(1)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 12% (72. P.S. ~ 9116(a)(1.3)]. A sibiing is defined, under Section 9102, as an individual who has at least one parent in common WIth the decedent, whether by blood or adoption. 2W46461.000 . REV-1503 EX+ (1-97) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE B STOCKS & BONDS ESTATE OF Watson, Dwane Charles a/k/a Dwane C. FILE NUMBER 21-2002-0895 All property jointly-owned with right of survivorship must be disclosed on Schedule F. ITEM NUMBER DESCRIPTlON VALUE AT DATE OF DEATH 11,862.17 1. Charney Invst. Group Evergreen PA Tax Free B-1019.087 shs. @ $11.64 per sh. 2 Charney Invstmt. Group-American Express Co.-164 shs. @ $34.84 per sh. 5,713.76 3 Charney Invstmt. Group-Amgen Inc.-87 shs. @ $45.29 per sh. 3,940.23 4 Charney Invstmt. Group-Analog Devices Inc.-56 shs. @ $22.04 per sh. 1,234.24 5 Charney Invstmt. Group-Applied Materials Inc.-89 shs. @ $12.67 per sh. 1,127.63 6 Charney Invstmt. Group-Automatic Data Processing-56 shs. @ $37.58 per sh. 2,104.48 7 Charney Invstmt. Group-Bea Systems Inc.-131 shs. @ $5.73 per sh. 750.63 B Charney Invstmt. Group-Berkshire Hathaway Class B stock-S shs. @ $2499 per sh. 12,495.00 9 Charney Invstmt. Group-Cisco Systems Inc.-53 shs. @ $12.93 per sh. 685.29 10 Charney Invstmt. Group-Cisco Sys Inc.-297 shs. @ $12.93 per sh. 3,840.21 11 Charney Invstmt. Group-Citigroup Inc.-35 shs. @ $29.88 per sh. 1,045.80 12 Charney Invstmt. Group-Concord Efs Inc.-48 shs. @ $15.53 per sh. 745.44 13 Charney Invstmt. Group-Costco Whs1 Corp New-96 shs. @ $33.83 per sh. 3,247.68 14 Charney Invstmt. Group-Eli Lilly & Co.-40 shs. @ $58.75 per sh. 2,350.00 15 Charney Invstmt. Group-Evergreen PA Tax Free A-9481.386 shs. @ $11. 71 per sh. 111,027.03 Total from continuation pages.... TOTAL (Also enter on line 2, Recapitulation) $ 98,980.11 261,149.70 2W46963.00Q (If more space is needed, insert additional sheets of the same size) Estate of: Watson, Dwane Charles a/k/a Dwane C. Schedule B -- Stocks & Bonds Item No. Description 4,718.56 16 Charney Invstmt. Group-Fed Home Ln Mtg Corp-77 shs. @ $61.28 per sh. 17 Charney Invstmt. Group-Fidelity Adv Growth Opportunity T-911.618 shs. @ $22.53 per sh 18 Charney Invstmt. Group-Fox Entertainment Group-152 shs. @ $23.05 per sh. 19 Charney Invstmt. Group-Genetech Inc.-63 shs. @ $30.83 per sh. 20 Charney Invstmt. Group-Household International-57 shs. @ $33.59 per sh. 21 Charney Invstmt. Group-Idee Pharmaceutical Crp.-49 shs. @ $43.70 per sh. 22 Charney Invstmt. Group-Intel Corp.-ll0 shs. @ $15.70 per sh. 23 Charney Invstmt. Group-KOhls Corp.-17 shs. @ $71.80 per sh. 24 Charney per sh. 25 Charney per sh. 26 Charney sh. 27 Charney sh. Invstmt. Group-Lowes Companies Inc.-141 shs. @ $45.47 Invstmt. Group-Maxim Integrated Prods-35 shs. @ $26.37 Invstmt. Group-Medtronic Corp.-180 shs. @ $42.69 per Invstmt. Group-Microsoft Corp.-74 shs. @ $47.78 per 28 Charney Invstmt. Group-Oracle Corp.-304 shs. @ $9.28 per sh. 29 Charney per sh. 30 Charney per sh. Invstmt. Group-Pepsico Incorporated-28 shs. @ $40.95 Invstmt. Group-Pfizer Incorporated-217 shs. @ $30.20 31 Charney Invstmt. Group-SLM Corp.-53 shs. @ $96.75 per sh. ~? ~h;:Jrnpv Tnv!'=:r.mt-. ~rnnn-!:::t-.i'wp,11 Fin;:In~i;:l'-n' I=:h~ fil ~1.4 ~R 't')PT' Page 2 21-2002-0895 Value at Date of Death 20,538.75 3,503.60 1,942.29 1,914.63 2,141.30 1,727.00 1,220.60 6,411.27 922.95 8,068.41 3,535.72 2,821.12 1,146.60 6,553.40 5,127.75 R77 1R Estate of: Watson, Dwane Charles a/k/ a Dwane C. Schedule B -- Stocks & Bonds Item No. Description Value at Date of Death sh. 33 Charney Invstmt. Group-Target Corp.-66 shs. @ $36.90 per sh. 34 Charney Invstmt. Group-Tax Instruments Inc.-208 shs. @ $18.27 per sh. 35 Charney Invstmt. Group-Travlers ppty Caslty A-I sh. @ $13.97 36 Charney Invstmt. Group-Travlers ppty Caslty Cl B-3 shs. @ $14.14 per sh. 37 Charney Invstmt. Group-United Parcel Service B-8l shs. @ $62.17 per sh. 38 Charney Invstmt. Group-Univision Communications-8S shs. @ $21.90 per sh. 39 Charney sh. 40 Charney sh. 41 Charney per sh. 42 Charney sh. Invstmt. Group-Veritas Software-54 shs. @ $17.25 per Invstmt. Group-Viacom Inc Cl B-87 shs. @ $41.48 per Invstmt. Group-Wal-Mart Stores Inc.-63 shs. @ $54.75 Invstmt. Group-Walgreen Company-104 shs. @ $35.15 per 43 Charney Invstmt. Group-Xilinx Inc.-53 shs. @ $17.15 per sh. TOTAL. (Carry forward to main schedule) Page 3 21-2002-0895 2,435.40 3,800.16 13.97 42.42 5,035.77 1,927.20 931.50 3,608.76 3,449.25 3,655.60 908.95 98,980.11 REl,j-1508EX+ (1-97) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY 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. ESTATE OF Watson, Dwane Charles a/k/ a Dwane C. FILE NUMBER 21-2002-0895 ITEM NUMBER DESCRIPTION 1. Charney Invstmt Group-Single Acct MM Acct. #8643-3046 VALUE AT DATE OF DEATH 61.95 2 Charney Invstmt Group-Vision Acct MM Acct. #8643-3048 12,107.00 3 1931 Ford Cpe Victoria-ID #A4577360 580.00 4 1931 Ford Model A Roadster-ID # A4087129 455.00 2W46AD2.000 TOTAL (Also enter on line 5, Recanitulation\ $ (If more space is needed, insert additional sheets of the same size) 13,203.95 REV-1511 EX + (1-97) COMMONWEALTH OF PENNSYLVANIA INHERlTANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Watson, Dwane Charles SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS a/k/a Dwane C. FILE NUMBER 21-2002-0895 Debts of decedent must be reDorted on Sched....le I. ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1. Funeral expenses including airfares for Executrix and 10,146.32 family, lodging, meals, clothing, and miscellaneous B. ADMINISTRATIVE COSTS: 0.00 1. 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: 2. Attorney Fees Name: David H. Stone, Esquire 2,500.00 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) 3,500.00 Claimant Watson, DeE1da Street Address 848 Hamilton Street City Carlisle State FA Zip 17013 Relationship of Claimant to Decedent Spouse 4. Probate Fees 311.00 5. Accountant's Fees 0.00 6 Tax Return Preparer's fees 0.00 7. Cumberland County Law Journal-advertising grant of 75.00 letters 8 The Patriot News Co.-advertising grant of letters 108.43 9 Register of Wills-filing Inheritance Tax Return and 25.00 Inventory 10 Reserve for closing expenses 200.00 TOT AL (Also enter on line 9, Recapitulation) $ 16,865.75 2W46AG 2.000 (If more space is needed, insert additional sheets of same size) REV-1513 EX+ (9-00) SCHEDULE J BENEFICIARIES COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER 21-?002-0895 RELATIONSHIP TO DECEDENT Do Not List Trustee(s) Watson Dwane Charles a/k/a Dwane C. NUMBER I. NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 9116 (al (1.2)] 1. AMOUNT OR SHARE OF ESTATE ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18, AS APPROPRIATE, ON REV-1500 COVER SHEET II. NON-TAXABLE DISTRIBUTIONS: A SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE 1. Charney Invst. Group item number 1-43 as mentioned on Schedule B ($261,149.70) and items mentioned on Schedule E ($13,203.95) less expenses listed on Schedule H ($16,865.65) B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS 2W46AI1,OOO TOT AL OF PART II _ ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET (If more space is needed, insert additional sheets of the same size) 257,487.90 $ 257,487.90 ~'-'~~~'" " ~'"\';'" "" .. - ',.",. " -',;,:"",' " .. .,..."....y. ,'~.~"""'."'''"' "'"~"".,....'.oV :C'':'; :..~~.:::_:_ LAST WILL AND TESTAMENT OF DWANE C. WATSON 21-2002-895 I, DWANE C. WATSON, of the Borough of Carlisle, Cou,.'::\,0: CUcleec'- land, and Commonwealth of Pennsylvania, declare thls to De ,'" ~as: will and revoke any will previously made by me. ITEM I: I bequeath my automobilesl household and pe~so~3: effects and other tangible personalty of like nature (not lnoludlno cash or securities) together with any existing insurance thereon, 00 my wife, DeELDA L. WATSON, if she survives me by thirty (30) days. Should my wife, DeELDA L. WATSON, not be living on the thirtY-:lrsc: (31st) day after my death, I bequeath such tangible personaloy and insurance thereon to such of my children, DeL.~E CHARLES WATSON, DARYL CONRAD WATSON, DENISE MARGARET WATSON, and DALE EVERETT WATSON, as are living on the thirty-first (31st) day after my death, to be divided among them by my Executrix with due regard for their personal Drefer- ences in as nearly equal shares as practical. ITEM II: If my wife, DeELDA L. WATSON, survives me by thirty (30) days, and if the federal estate tax due because of my death will be reduced by making this gift for her benefit, I devise and bequeath to my wife, DeELDA L. WATSON, absolutely, an amount equal to the least Page 1 of 10 ---- amount (based upon values as finally determined for redera2 estate ::ax purposes) as shall be needed for the federal estate tax unllmlced marital deduction to reduce the federal estate tax to the 2m,'est possible figure after full use of all other deductions and =redlcs allowable in calculating the federal estate tax, except thac s~=h amount shall be calculated without regard to the augment ins 0: my taxable estate by reason of generation- skipping transfers and \':~ CClO:.:t regard for any credit for state death taxes that would not cchencse be payable. Accordingly, I direct that: A. If the marital deduction, or any similar benef1t, 1S allowable with respect to any property, including property Cleld by entireties, which my wife has received prior to my death or at my death will receive otherwise than pursuant to this Item II, the value of such property shall be taken into consideration in calculating the size of the gift under this Item II. B. No property ineligible for the marital de.:i___::-,::: ::~; similar benefit, shall be distributed ~. ~ -;~ ~ C' ~,." ~ '-- -,.~ - ,~_. L. WATSON, pursuant to this Item II. Either cash or investments or both may be allocaced to c. the gift under this Item II. D. Any property allocated under this Item II in kind shall be valued at the value at which it is finally included in my gross Page 2 of 10 estate for federal estate tax purposes, provided chat the a~~~e~ate market value thereof on the date of allocatlon (plus the value as finally determined for federal estate tax purposes of all cc~e~ property qualifying for the marital deductlon) is at leas: eeual to the dollar value of the marital deduction as finally dete~~c~ed =o~ federal estate tax purposes. E. If any provision of this Item II shall resulc -=-r:. cs-P::-2--"'-- ing my estate of the marital deduction for federal estate tax pu~- poses, such provision is hereby revoked and this Item II shall be read as if any portion thereof inconsistent with allowance of thP ~arltal deduction for federal estate tax purposes is null and void. ITEM III: If my wife, DeELDA L. WATSON, survives me by chirty (30) days, I devise and bequeath the residue of my estate, of every nature and wherever situate, to the Co-Trustees hereinafter named, IN TRUST, for the following uses and purposes: A. To pay the net income therefrom to m'y' \r...'lf~~, -:':~S:.;)/" WATSON, for and during her lifetlme 1n sue'. '. the non-spouse Co-Trustee shall find convenlent, but G~ as quarter-annually. B. As much of the principal of this trust as the non-spouse Co-Trustee, in its sole discretion, may from time to time think advisable for the support of my wife to maintain her in the station of Page 3 of 10 life to which she is accustomed at my death, shall be elthec pald to her or else applied directly for her benefit by the non-spo~se Co- Trustee after taking into account her other readily availab~e assets and sources of income. C. The non-spouse Co-Trustee may apply the net lnCome of this trust for the support of my wife, DeELDA L. WATSON, should she by reason of age, illness or other cause, in the opinion of che no~- spouse Co-Trustee, be incapable of disbursing it. D. In addition to the above provisions, my wife shall have the power to direct Co-Trustees to pay to her or to apply out 0: principal in each year, including the year of my death, an amount not in excess of the greater of Five Thousand ($5,000.00) Dollars oc five (5%) percent of the then aggregate value of the trust prlncipal. This power is non-cumulative and can be exercised only by an ins~rument In writing signed by my wife, and delivered to Co-Trustees. E. Upon the death of my wife, DeELDA L. WATSON, or upon my death should my wife predecease me, the Co-Trustees shall dis~cibuce the balance of the principal and any accumulated and undistribuced income pursuant to the provisions of Item IV herein. ITEM IV: If my wife, DeELDA L. WATSON, predeceases me or dies on or before the thirtieth (30th) day following my death, or upon the death of my wife as provided in Item III.E. herein, I devise and Page 4 of 10 bequeath all of my estate, of every nature wherever sic~ace .:r: equ.2.J. shares to such of my children, DeLANE CHARLES WATSO~, DA~Y~ ~'1~-:-"""'-:- ~, ,-'--'l\~.~ WATSON, DENISE MARGARET WATSON, and DALE EVERETT ~~TSON, as SU~~,-r.:\re :-r.e by thirty (30) days. Should any of my above named childre~ predecease or die on or before the thirtieth (30th) day following mv ceach, ~ devise and bequeath the share of such child to his or her - QQllC - ~ ~ -~ I De~ stirpes, living on the thirty-first (31se) day following my ceaen; anc should any such child of mine leave no such issue llving on the thirty-first (31st) day following my death, I devise and bequeath che share of such child to my issue, per stirpes, living on the t- " ' ,-~ ':_ l..-.L~.l..J-- --1 first (31st) day following my death. ITEM V: Should any person entitled to a share of my estate not have attained the age of twenty-one (21) years at the time of distri- bution to him or her or, in the opinion of the Co-Trustees, be incapa- ble of disbursing his or her share because of illness or Ocher cause, I devise and bequeath the share of each such issue to th-o:- Cc.- ':"'~-~l:"-;' hereinafter named, IN SEPARATE TRUST, cC nc:", ~ .', -, reinvest the share so received, and the accumula"C~cr, -- and to use and apply the income and principal, or se ;-nu::::r: thereon, thereof as, in the Co-Trustees' discretion, may be necessary or support and education (including college appropriate for such child's education, both graduate and undergraduate) without regard cO his or Page 5 of 10 her parent's ability to provide for such support or educacion, to maKe pal~ent for these purposes, without further responsibillty, to such child or such child's parents or to any person taking care of such child. Any principal or income not so applied shall be distributed to such child absolutely when he or she attains the age of twenty-one (21) years or become competent. If he or she dies before obtaining age twenty-one (21) years or before becoming competent, the trust shall terminate and such shares shall be distributed to his or her personal representative. ITEM VI: The interests of the beneficiaries hereunder shall not be subject to anticipation or voluntary or involuntary alienation. ITEM VII: All federal, state and other death taxes payable because of my death, with respect to the property forming my gross estate for tax purposes, whether or not passing under this will, together with any interest or penalty imposed in connection wich such tax, shall be considered a part of the expense of the adminis~~a~~or. of my estate and shall be paid from my residuary eS'"~'::i: . apportionment or right of reimbursement. d T t shall have the :ollm!::-.g My Executrix an Co- rus ees ITEM VIII: those vested in them by law, and by other powers in addition to applJ.'cable to all property, whether principal or provisions of my will Page 6 of 10 income, including property held for minors, exercisable wlchout court approval and effective until actual distribution of all propercy: A. To retain any or all of the assets of my estace, real or personal, including stock of a corporate fiduciary or of ics pare~t holding company, without regard to any principle of diversification, B. To invest in all forms of property, includins scocks, common trust funds and mortgage investment funds whether operated by my corporate fiduciary or others, without restriction to lnvestments authorized for Pennsylvania fiduciaries, as they deem proper, and without regard to any principle of diversification. C. To sell at public or private sale, to exchange or co lease for any period of time, any real or personal property and to give options for sales, exchanges or leases, for such prices and upon such terms or conditions as they deem proper. D. To allocate receipts and expenses to principal or income, or partly to each, as they, from time to time, think orODer In their sole discretion. E. To borrow from, or to sell to, my Co-Tr'-.:s:ee3 ., .... though such Co-Trustees may be my Executrix. F. To compromise any claim or controversy. DeELDA L. WATSON, or her personal G. To join with my wife, representative, f'l' J'ol'nt l'ncome tax return without requiring in ~ lng a Page 7 of 10 . her to indemnify my estate against liability for the tax attributable to her income and to consent to any gift made by my wlfe during my lifetime being treated as having been made one-half by me for purposes of the federal gift tax law. ITEM IX: I appoint my wife, DeELDA L. WATSON, and my daughter, DENISE M. WATSON, Co-Trustees of any trusts created by this my 2.ast will. ITEM x; I appoint my wife, DeELDA L. WATSON, Executrix or tnls my last will. Should my wife, DeELDA L. WATSON, fail to qualify or cease to act as Executrix, I appoint my daughter, DENISE M. WATSON, Executrix with the same powers and duties of this my last will. ITEM XI: I direct that my Executrix and Co-Trustees and their successors shall not be required to give bond for the faithful perfor- mance of their duties in any jurisdiction. IN WITNESS WHEREOF, I, DWANE C. WATSON, have hereunto set my hand and seal this 1 (,. day of )lA.V\.-<L 2000. ~Qv-R C DWANE r ' r '- I o..:xs z:,,, C. WATSOK SIGNED, SEALED, PUBLISHED and DECLARED by DWANE C. WATSON, the Testator above named, as and for his Last will and Testament, and in Page 8 of 10 . the presence of us, who at his request, in his presence and lD the presence of each other, have subscribed our names as witnesses. 40 )((/;1,be.p.L.u" ~ Address ' ~J/ y~ ,~d7 Wlt. ss '-'7 /c " /7 j..L...,-<-.J.,./ : /[_'}.~0~J .~. L ' Address COMMONWEALTH OF PENNSYLVANIA) ) SS. COUNTY OF CUMBERLAND ) I, DWANE C. WATSON, the Testator whose name is signed to the attached or foregoing instrument, having been duly qualified according to law do hereby acknowledge that I signed and executed this instru' ment as my last will; that I signed it willingly and that I signed it as my free and voluntary act for the purposes therein contained. Owo.~ (. l)~""",, DWANE C. WATSON Sworn to or affirmed to and acknowledged before me by mIA."JE C. WATSON, the Testator, this ~ day of lJ~ , 2000. ./1 , '. --./,1 I _~_ fO 6f~At/'( .A. '--11../, ( Notary Public NOTARIAL SEAL PmlCHl1I l. YOTER, Notarj Njk New Cumberland Bora. Cumberland Co. My CommlS3loo Expires Nov.1B, 2002 Page 9 of 10 ~ - ", II . COMMONWEALTH OF PENNSYLVANIA) ) SS. COUNTY OF CUMBERLAND ) We, CJAch" ~( , J"Il'N and ;{a'!l'" ~. lit c k F i the witnesses whose names are signed to the attached or foregoing instrument, being duly qualified according to law, depose 2nd say th~t we were present and saw Testator sign and execute the instrument as his last will; that Testator signed willingly and that he executed it as his free and voluntary act for the purposes therein expressed; that each of us in the hearing and sight of the Testator signed the will as witnesses; that to the best of our knowledge, the Testator was at that time eighteen or more years of age, of sound mind and under no con- straint or undue influence. ~~" 7f ,<~'r.Ld Witness Sworn to or affirmed to and acknowledged before me by DAul'.o fl. .f~ this ~~ day of and I(;:JL( e 12. LA1CH<"''1 ~~ , 2000. -12;;((; /In' ~< {~ti z. . Notary Public f VIi tnesses I Page 10 of 10 NOTARIAL SEAL PATRlCHIA l. YOm, Nola!y Nii: Hew Cumberland BolO. ClJ11beriand Co. My Commmlon bplres HtN. 16. 2002. . "...........-~--~ - ^ ...... '~1I Charney ~U ~:~r,~t 700 South 28th Street Harrisburg, PA\7103 (717) 232~6974 1~888-529-2973 (717) 232-6979 fax November 15, 2002 Stone LaFaver & Shekletski 414 Bridge Street New Cumberland, P A 17070 Dear David, I am sending this letter in reference to the Estate of Dwane C Watson. Attached, please find a breakdown of Dwane's two accounts with the Date of Death values from September 16. Should you have any questions or concerns on the attached please feel welcome to contact me at (717) 232-6974. Sincerely, ~~ Amanda J Balsavage Client Service Specialist Enclosure Wachovi~ Securities, lnc., member New York Sl<1ck Exchange and SIre ^ Account Number 8643-3046 Dwane Watson Single Account # of Description Symbol Cusip Stock Total Value Shares Price 5 Berkshire Hathaway Class B BRK/B 084670207 2499.00 12,495.00 9481.386 Evergreen P A Tax Free A EKVAX 300326105 11.71 111,027.03 1019.087 Evergreen P .A. Tax Free B EKVBX 300326204 11.64 II ,862.17 911.618 Fidelity Adv Growth FAGOX 315807206 22.53 20538.75 Opportunity T MONEY MARKET VALUE 61.95 TOTAL ACCOUNT VALUE 155,984.90 Account Number 8643-3048 Dwane Watson Vision Account # of Description Symbol Cusip Stock Total Value Shares Price 164 American Express Co AXP 025816109 34.84 5,713.76 87 Amgen Inc AMGN 031162100 45.29 3,940.23 56 Analog Devices Inc AD! 032654105 22.04 1,234.24 89 Applied ]\1aterials Inc AMAT 038222105 12.67 1,127.63 56 Automatic Data Processing ADP 053015103 37.58 2,104.48 131 Bea Systems Inc BEAS 073325102 5.73 750.63 53 Cisco Systems Inc CSCO I 7275R102 12.93 685.29 35 Citigroup Inc C 172967101 29.88 1,045.80 96 Costco Whsl Corp New COST 22160KI05 33.83 3,247.68 48 Concord Efs Inc CE 206197105 15.53 745.44 77 Fed Home Ln Mtg Corp FRE 313400301 61.28 4,718.56 152 Fox Entertainment Group FOX 35138TI07 23.05 3,503.60 63 Genetech Inc DNA 368710406 30.83 1,942.29 57 Household International HI 441815107 33.59 1,914.63 49 Idec Pharmaceuticals Crp IDPH 449370105 43.70 2,141.30 r 110 Intel Corp INTC 458140100 15.70 1,727.00 17 Kohls Corp KSS 500255104 71.80 1,220.60 40 Eli Lilly & Co LLY 532457108 58.75 2,350.00 141 Lowes Companies Inc LOW 548661107 45.47 6,411.27 35 Maxim Integrated Prods MXIM 57772K101 26.37 922.95 189 Medtronic Corp MDT 585055106 42.69 8,068.41 74 Microsoft Corp MSFT 594918104 47.78 3,535.72 304 Oracle Corp ORCL 68389X105 9.28 2,821.12 28 Pepsico Incorporated PEP 713448108 40.95 1,146.60 217 Pfizer Incorporated PFE 717081103 30.20 6,553.40 53 SLM Corp SLM 78442PI06 96.75 5,127.75 61 Stilwell Financial SV 860831106 14.38 877.18 66 Target Corp TGT 87612E106 36.90 2,435.40 208 Tex Instruments Inc TXN 882508104 18.27 3,800.16 1 Travlers Ppty Caslty A TAPIA 8942001 09 13.97 13.97 3 Travlers Ppty Cas Cl B TAP/B 89420G406 14.14 42.42 81 United Parcel Service B UPS 9113 12106 62.17 5,035.77 88 Univision UVN 914906102 21.90 1,927.20 Communications 54 Veritas Software VRTS 923436109 17.25 931.50 87 Viacom Inc C1 B VINB 925524308 41.48 3,608.76 63 Wal-Mart Stores Inc WMT 931142103 54.75 3,449.25 104 Walgreen Company WAG 931422109 35.15 3,655.60 53 Xilinx Inc XLNX 983919101 17.15 908.95 297 Cisco Sys Inc CSCO 17275R102 12.93 3,840.21 MONEY MARKET VALUE 12,107.00 TOTAL ACCOUNT VALUE 117,333.75 TOTAL VALUE OF BOTH ACCOUNTS $273,318.65 , NADAguides.com - New Car Prices, Used Car Values Page 1 of2 NADAguides .' WffiIDJ 1m F:~e "Vil).;f@Pricir,g& ir';:Gfl'rd:ltc'l The Recognized Authority Since 1933 Used Car Consumer Prices 1931 Ford Model A Victoria 2 Door Coupe October 8, 2003 FOR SALEEN MUSTANG MODELS, SEE "SALEEN (FORD MUSTANG)" LISTING. MSRP Original Manufacturer's Suggested Retail Price when new $580 LowB.et!!il AveIa~.Retai) Higb Ret<li) Base Price $9,700 $12,450 $18,300 Options and Equipment Rumble Seat add: 5% 5% 5% Total Price Other Vehicle Information $10,185 $13,073 $19,215 Model Number: Weight: N/A 2375 Get Another Price Value Explanations Low Retail Value This vehicle would be in mechanically functional condition, needing only minor reconditioning. The exterior paint, trim, and interior would show normal wear, needing only minor reconditioning. May also be a deteriorated restoration or a very poor amateur restoration. Most usable "as-is", Note: This value does not represent a "parts car", Average Retail Value This vehicle would be in good condition overall. It could be an older restoration or a well- maintained original vehicle. Completely operable. The exterior paint, trim, and mechanics are presentable and serviceable inside and out. A "20-footer". High Retail Value This vehicle would be in excellent condition overall. It could be a completely restored or an extremely well maintained original vehicle showing very minimal wear. The exterior paint, trim, and mechanics are not in need of reconditioning. The interior would be in excellent condition. Note: This value does nQt represent a "100 Point" or "# 1" vehicle *. . "100 Point" or "# 1" vehicle is not driven. It would generally be in a museum or transported in an enclosed trailer to concourse judging and car shows. This type of car would be stored in a climate-regulated facility. http://www.nadaguides.comNaluesN alueCategoryReport.asp?U serID=54073F031227B&... 10/8/2003 ~ NADAguides.com - New Car Prices, Used Car Values Page I of2 NADAguides U: ~flll~ ;:,e~ V~"lc'~ f'f;CICg! :rdOfrnlt::1 The Recognized Authority Since 1933 Used Car Consumer Prices 1931 Ford Model A 2 Door Roadster 2 To 4 Psgr October 8, 2003 FOR SALE EN MUSTANG MODELS, SEE "SALEEN (FORD MUSTANG)" LISTING. MSRP Original Manufacturer's Suggested Retail Price when new $455 l"owR!llilil AV!lrllll!lBj!laJ! )-I[gh Retlil Base Price $16,800 $21,400 $29,600 Options and Equipment Rumble Seat add: 5% 5% 5% Total Price Other Vehicle Information $17,640 $22,470 $31,080 Model Number: Weight: N/A 2230 Get Another Price Value Explanations Low Retail Value This vehicle would be in mechanically functional condition, needing only minor reconditioning. The exterior paint, trim, and interior would show normal wear, needing only minor reconditioning. May also be a deteriorated restoration or a very poor amateur restoration. Most usable "as-is". Note: This value does not represent a "parts car". Average Retail Value This vehicle would be in good condition overali. It could be an older restoration or a well- maintained original vehicle. Completely operable, The exterior paint, trim, and mechanics are presentable and serviceable inside and out. A "20-footer". High Retail Value This vehicle would be in excellent condition overali. It could be a completely restored or an extremely well maintained original vehicle showing very minimal wear. The exterior paint, trim, and mechanics are not in need of reconditioning. The interior would be in excellent condition. Note: This value does no..t represent a "100 Point" or "# 1" vehicle *. . "100 Point" or"# 1" vehicle is not driven. It would generally be in a museum or transported in an enclosed trailer to concourse judging and car shows. This type of car would be stored in a climate-regulated facility. http://www.nadaguides.com/V aluesN alueCategoryReport.asp?UserID=54073F031227B&." 1 0/8/2003 BUREAU OF ZNDTVZDUAL TAXES ZNHERZTANCE TAX DT¥ZSTON DEPT. 280601 HARRZSBURG, PA 17128-0601 DAVZD H STONE ESQ STONE ETAL 414 BRIDGE ST NEN CUHBERLAND COHHONNEALTH OF PENNSYLVANZA DEPARTHENT OF REVENUE NOTZCE OF ZNHERZTANCE TAX APPRAZSENENT, ALLO#ANCE OR DZSALLONANCE OF DEDUCTZONS AND ASSESSHENT OF TAX ~-~ DATE i. . . _=~ ¥~/iJ!S ESTATE OF DATE OF DEATH FZLE NUHBER '04 FEB 27 ? 1 :(~UNTY ACN · PA 1707~t;l~bB~ 3_~C{ 00., PA 05-01-2004 HATSON 09-16-2002 21 02-0895 CUNBERLAND 101 Amoun~ Remitted DNANE C HAKE CHECK PAYABLE AND REHZT PAYHENT TO: REGTSTER OF NZLLS CUHBERLAND CO COURT HOUSE CARLZSLE, PA 17015 CUT ALONG THZS LZNE ~ RETAZN LONER PORTZON FOR YOUR RECORDS -~ REV-1547 EX AFP (01-03) NOT]:CE OF ZNHERZTANCE TAX APPRAZSEHENT, ALLONANCE OR DZSALLONANCE OF DEDUCTZONS AND ASSESSNENT OF TAX ESTATE OF NATSON DNANE CFZLE NO. 21 02-0895 ACN 101 DATE 05-01-2004 TAX RETURN NAS: (X) ACCEPTED AS FZLED ( ) CHANGED RESERVATZON CONCERNZNG FUTURE ZNTEREST - SEE REVERSE APPRAZSED VALUE OF RETURN BASED ON: 1. Real Estate (Sohadula A) 2. 3. 5. 6. 7. 8. ORZGZNAL RETURN (1) Stocks and Bonds (Schedule B) (2) Closely Held Stock/Partnership Znterast (Schedule C) (3) Nor~gagas/Notes Receivable (Schedule D) Cash/Bank Deposits/Nisc. Personal Propar~y (Schedule E) (5) Jointly Owned Proper~y (Schedule F) Transfers (Schedule G) (7) To,al Assets APPROVED DEDUCTZONS AND EXEHPTZONS: 9. Funeral Expanses/Ada. Costs/Nisc. Expenses (Schedule H) 10. Deb~s/Nortgaga Liabilit/as/Liens (Schedule Z) 11. Total Deductions 12. Ne~ Value of Tax Return 15. 1~. (9) (10) Charitable/Governmental Bequests; Non-elected 9115 Trusts (Schedule J) Ne~ Value of Estate Subject to Tax 261~149.70 .00 15~205.95 .00 .00 NOTE: To /nsure proper cred/t ~o your account, suba/t the upper portion .00 of this form w/~h your tax payment. .00 (8) ~6,865.75 .0O NOTE: 274,$55.65 (11) (~2) 257,487.90 (~$) 257,487.90 (1~) .00 Z~ an assessment ~as lssued previously, 1/nes 14, 15 and/or 16, 17, reflect figures that include the total of ALL returns assessed to date. ASSESSHENT OF TAX: 1E. Amount of Line 1~ at Spousal ra*a (15). 16. Amount of L/ne 1~ ~axable at L/neal/Class A ra~e (16). 17. Aeoun~ of L/ne lq at S/bl/ng ra~e (17). 18. Amount of Line lq taxable at Collateral/Class B rata (18). )al Tax Due 18 and 19 #ill ANOUNT PAZD ZF PAZD AFTER DATE ZNDZCATED, SEE REVERSE FOR CALCULATZON OF ADDZTIONAL ZNTEREST. KECE/PT NUNBER TOTAL TAX CREDZT .00 BALANCE OF TAX DUEI .00 ZNTEREST AND PEN. .00 TOTAL DUE . O0 ( ZF TOTAL DUE TS LESS THAN $1, NO PAYNENT TS RE{)UZRED. TF TOTAL DUE TS REFLECTED AS A "CREDZT" (CR), YOU NAY BE D~-~/ A REFUND. SEE REVERSE SZDE OF THZS FORN FOR ZNSTRUCTTONS. )~)/ DZSCOUNT (+) ZNTEREST/PEN PAZD (-) 19. Pr/nc/ TAX CREDZTS PAYNENT DATE · O0 x O0 = . O0 · 00 x 045= .00 · O0 x 12 = . O0 · O0 x 15 = . O0 (19)= .00 STATUS REPORT UNDER RULE 6.12 Name of Decedent: Dwane C. Watson a/k/a Dwane Charles Watson Date of Death: September 16, 2002 Will No. 21-2002-0895 To the Register: 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: Yes X State whether administration of the estate is complete: No 2. If the answer is No, state when the personal representative reasonably believes that the administration will be complete: 3. If the answer to No. 1 is Yes, state the following: (a) Did the personal representative file a final account with the Court? Yes No X (b) The separate Orphans' Court No. (if any) for personal representative's account is: N/A the (c) Did the personal representative state an account informally to the parties in interest? Yes X No Date: the Clerk of the Orphans' report. (d) Copies of receipts, releases, joinders and approvals of formal or informal accounts may be filed with Court and may be attag~ed to this David~ Esquire 414 Bridge Street New Cumberland, PA 17070 717-774-7435 CapaCi~ Personal Representative l?g:Ed x Counsel for Personal Representative