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HomeMy WebLinkAbout03-0245PETITION FOR PROBATE & GRANT OF LETTERS Estate of FRANK A. REEDER also known as Social Security No. 189-16-4406 , deceased. No. 21-03~~c'~ To: Register of Wills for the County of Cumberland Commonwealth of Pennsylvania The Petition of the undersigned respectfully represents that: Your Petitioners, who are 18 years of age or older and the Executors named in the Last Will of the above decedent dated February 6, 2003 , and codicils dated none . The Executor named none died Renunciations for none attached hereto. Decedent was domiciled at death in Cumberland County, Pennsylvania, with his last family or principal residence at 320 Steelstown Road, Newville, North Newton Township Decedent, then 80 years of age, died Newville, Cumberland County, Pennsylvania March 9 ,2003, at Green Rid.qe Villa.cie, 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: Decedent at death owned property with estimated values as follows: (If domiciled in PA) All personal property (If not domiciled in PA) Personal property in PA (If not domiciled in PA) Personal property in County Value of real estate in Pennsylvania, situated as follows: 320 Steelstown Road, Newville, North Newton Township, Cumberland County $790,000.00 $ $ $128,000.00 WHEREFORE, Petitioners respectfully requests the probate of the Last Will and Codicil(s) presented herewith and the grant of letters testamentary thereon. ~,~_ _(s) and Residence(s) of Petitioner(s): -I~rank E. Reeder 580 Shippensbur,q Road Newville, PA 17241 717-776-5346 Ruby J. ~al~er 46 Goodyear Road Carlisle, PA 17013 717-776-7322 OATH OF PERSONAL REPRESENTATIVE COMMONWEALTH OF PENNSYLVANIA · COUNTY OF CUMBERLAND · SS The Petitioner(s) above named swear(s) or affirm(s) that the statements in the foregoing petition are true and correct to the best of the knowledge and belief of Petitioner(s) and that as personal representative of the above decedent, petitioner(s) will well and truly adminis~state according to law. Sworn to or affirmed and subscribed ~~ ~. ~ before me this /~7,~, day of Frank E. Reeder March ,2003. Register Ruby J. Baker No. 21-03-3 Estate of FRANK A. REEDER , deceased. DECREE OF PROBATE & GRANT OF LETTERS AND NOW, March ~ ,2003, 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 February 6, 2003 described therein be admitted to probate and filed of record as the Last Will of Frank A. Reeder ; and Letters Testamentary are hereby granted to Frank E. Reeder and Ruby J. Baker FEES Probate, Letters, Etc ........ $. 515.00 Short Certificates(-5- ) .... $15.00 Renunciation(s) ........... $ JCP .................... $. :10.00 · Other Will Pac~es (-2-) .... $.6.00 TOTAL: .... $. 546.00 Filed. ,/Z'_'_2d2~': .~,O~. ~..-~. ...... .. ReGister of Wills M .IGC& GHES ~sq. (25476) ~ / ATTORNEY (Sup.~;)l.D. No.) 60 West Pomfret St., Carlisle, PA 17013 ADDRESS 717-249-2353 PHONE 105.80S REV 9/86 This is to certify that the information here given is correctly copied from an original certificate of death duly ~]led with me as Local Registrar. The original certificate will be forwarded to the State Vital Records Office for permanent filing. WARNING: It is illegal to duplicate this copy by photostat or photograph. Fee for this certificate, $2.00 P 9190298 No. Ix~cal Registrar NAR 1 1 2003 [)ate 80 : Cumberland )er Steel Newville, PA 17241 COMMONWEALTH OF PENNSYLVANIA ,, DEPARTMENT OF HEALTH · VITAL RECORDS CERTIFICATE OF DEATH Frank A. Reede~ ' PA West Pennsboro Green Heating & Plumb ~ ~ ,~..~. PA William E. Reeder Frank E. Reeder _ 16 _ 4406 ],March 9, 2003 ~0 ~0~ ~--~O ~-~.0 "~X~.~~O r th Newton Hill Cemetery lle PA 17241 PA 17241 LAST WILL AND TESTAMENT I, FRANK A. REEDER, of North Newton Pennsylvania, declare this instrument to be my Last Will revoking all Wills and Codicils heretofore made by me. Township, Cumberland County, and Testament, hereby expressly 1. I direct my Co-Executors to pay all of my debts, funeral and administrative expenses as soon as may be done conveniently after my decease. 2. I authorize and empower my Co-Executors to sell any realty owned by me at my death and not specifically devised herein, at either public or private sale, and to give good and sufficient deeds therefor, in fee simple, as I could do if living. o follows: I give, devise and bequeath all of my estate of every nature and wherever situate as (a) $20,000.00 to my granddaughter, STEPHANIE ANN REEDER; all the rest, residue and remainder equally per stirpes to my children, FRANK E. REEDER and RUBY J. BAKER. If one of my children has predeceased me, said share of the deceased child will be equally distributed to the issue of said child. If either child predeceases me without living issue, then that deceased child's share shall be given to the other child who survives me. 4. I nominate and appoint FRANK E. REEDER and RUBY J. BAKER to be the Co- Executors of this my Last Will and Testament; they are to serve as such without bond. 5. I hereby suggest that my personal representatives retain the services of Irwin, McKnight & Hughes as attorneys for the settlement of my estate. IN WITNESS WHEREOF, I have hereunto set my hand and seal this February, 2003. day of (SEAL) Signed, sealed, published and declared by FRANK A. REEDER, the Testator above- named, as and for his Last Will and Testament, in the presence of us, who, at his request, in his presence and in the presence of each other have subscribed our names as witnesses. ,4 CKNO WLEDGEMENT ,4ND ,4FFID,4 VIT WE, FRANK A. REEDER, SHARON L. SCHWALM and MARTHA L. NOEL, the testator and witnesses respectively, whose names are signed to the foregoing instrument, being first duly sworn, do hereby declare to the undersigned authority that the testator signed and executed the instrument as his Last Will and that he had signed willingly, and that he executed it as his free and voluntary act for the purpose herein expressed, and that each of the witnesses, in the presence and hearing of the testator, signed the Will as a witness and that to the best of their knowledge the testator was, at that time, eighteen years of age or older, of sound mind and under no constraint or undue influence. FRANK A. REEDER SHARON L. SCHWALM COMMONYVEALTH OF PENNSYLVANIA : . : SS: COUNTY OF CUMBERLAND : Subscribed, sworn to and acknowledged before me by FRANK A. REEDER, the testator, and subscribed and swo~nf~_...before me by SHARON L. SCHWALM and MARTHA L. NOEL, witnesses, this ~5/'~day of February, 2003. Ja¢~ueline L, Drawbaugh, Notary Public carlisle Boro, Cumberland County My Commission Expires Aug. 14, 2003 Member, PennsytvaniaAssoctation of Notaries I.AW OFFICES IRWIN, McKNIGHT & HUGHES WEST POMFRET PROFESSIONAL BUILDING 60 WEST POMFRET STREET CARLISLE, PENNSYLVANIA 17013-3222 (717) 249-23~$ CERTIFICATION OF NOTICE UNDER RULE 5.6(a) Name of Decedent: Date of Death: Estate No.: FRANK A. REEDER MARCH 9, 2003 21-03-0245 To the Register: I certify that notice of the beneficial interest required by Rule 5.6(a) of the Orphan's Court Rules was served on or mailed to the following beneficiaries of the above-captioned estate on March 25, 2003 . Name Address Frank E. Reeder Stephanie A. Reeder Ruby J. Baker 580 Shippensburg Road, Newville, PA 17241 580 Shippensburg Road, Newville, PA 17241 46 Goodyear Road, Carlisle, PA 17013 Notice has now been given to all persons entitled thereto under R/~5.6(a)/e Ct none. Date: 03/25/03 Nme M~cus A. Mc~ight III, E~uire Address ~ West Pom~et S~eet C~lisle, PA 17013 Tel~hone {717) 249-2353 Capacity: X __ Personal Representative __ Counsel for Personal Representative COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES DEPT. 280601 HARRISBURG, PA 17128-0601 RECEIVED FROM: PENNSYLVANIA INHERITANCE AND ESTATE TAX OFFICIAL RECEIPT NO. REV-1162 EX(11-96) CD 002659 MCKNIGHT MARCUS A III ESQUIRE 60 WEST POMFRET STREET CARLISLE, PA 17013 ........ fold ESTATE INFORMATION: SSN: 189-16-4406 FILE NUMBER: 2103-0245 DECEDENT NAME: REEDER FRANK A DATE OF PAYMENT: 06/09/2003 POSTMARK DATE: 00/00/0000 COUNTY: CUMBERLAND DATE OF DEATH: 03/09/2003 ACN ASSESSMENT CONTROL NUMBER AMOUNT 101 $30,000.00 REMARKS: TOTAL AMOUNT PAID: MARCUS A MCKNIGHT III ESQUIRE $30,000.00 SEAL CHECK# 019895 INITIALS: VZ RECEIVED BY: DONNA M. OTTO DEPUTY REGISTER OF WILLS REGISTER OF WILLS COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES DEPT. 280601 HARRISBURG, PA 17128-0601 RECEIVED FROM: PENNSYLVANIA INHERITANCE AND ESTATE TAX OFFICIAL RECEIPT NO. REV-1162 EX(11-96) CD 003236 MCKNIGHT MARCUS A III 60 W POMFRET STREET CARLISLE, PA 17013 fold ESTATE INFORMATION: SSN: 189-16-4406 FILE NUMBER: 21 03-0245 DECEDENT NAME: REEDER FRANK A DATE OF PAYMENT: 11/17/2003 POSTMARK DATE: 00/00/0000 COUNTY: CUMBERLAND DATE OF DEATH: 03/09/2003 ACN ASSESSMENT CONTROL NUMBER AMOUNT 101 $758.65 TOTAL AMOUNT PAID: $758.65 REMARKS: MARCUSAMCKNIGHTESQUIRE SEAL CHECK# 020520 INITIALS: AC RECEIVED BY: DONNA M. OTTO DEPUTY REGISTER OF WILLS REGISTER OF WILLS Decedent's Complete Address: STREET ADDRESS 320 Steelstown Road CITY Newville STATE ?A I Z1%17241 Tax Payments and Credits: 1. Tax Due (Page 1 Line 19/ 2, Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount Interest/Penalty if applicable D. Interest E. Penalty 0.00 30,000.00 1,578.95 Total Credits ( A + B + C ) (2) (1) 32,337.60 Total Interest/Penalty ( D + E ) (3) 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Check box on Page 1 Line 20 to request a refund (4) 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) A. Enter the interest on the tax due. (SA) B. Enter the total of Line 5 + SA. This is the BALANCE DUE. (SB) Make Check Payable to: REGISTER OF WILLS, AGENT PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No a. retain the use or income of the property transferred; ......................... L.~ 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? .............................................. r'--] 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. 31,578.95 0.00 0.00 758.65 0.00 758.65 Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct and corr )lete. Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge. SIGNATURE OF PI ~,SON RESPONSIBLE FOR FILING RETURN Ruby J. Baker DATE ,/7 (~/ /~) 46 Goo_dy. ear Road - ~'~ ~// / ~ 60 West Pomfret Street surviving spouse is 3% ~(a) ( 1.1 ) (i)]. For dates of death on or after Januaw 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 s~tuto~ require~nts for disclosure of assem and filing a tax return are still applicable even if the surviving spouse is the only beneficiaw. For dates of death on or after July 1, 2000: The tax rate imposed on the net value of transfers from a deceased child twen~-one years of age or younger at death to or for the use of a natural parent, an adoptive parent, or a stepparent of the child is 0% [72 P.S. 9116 (a) (1.2)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4.5%, except as noted in 72 P.S. 9116(1.2) [72 P.S. 9116(a)(1 )]. The tax ram imposed on the net value of transfers to or for the use of the decedent's siblings is 12% [72 P.S. 9116(aX1.3)]. A sibling is defined, under Section 9102, as an individual who has at least one parent in common w~h the decedent, whether by blood or adoption. Copyright (c) Z~O form software only The Lackner Group, Inc. Form REV-1500 EX (Rev. 6-00) ADDITIONAL Personal Representatives Estate of Frank A. Reeder SS# 189-16-4406 03/09/2003 Under penalties of perjury, the undersigned declare that they have examined this return, including accompanying schedules and statements, and to the best of their knowledge and belief, it is true, correct and complete. Signature .F/_~ ~'~. 580 Sh~ppensburg Rd Address Line 1 Address Line 2 City, State, Zip Date Newville, PA 17241 /1~,~. 12, REV- 150~' EX + (1-97) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Frank A. Reeder SS~/ 189-16-4406 SCHEDULE A REAL ESTATE 03/09/2003 FILENUMBER 21-03-0245 All real property owned solely or as a tenant in common must be reported at fair market value. Fair market value is defined as the price at which property would be exchanged between a willing buyer and a willing seller, neither being compelled to buy or sell, both having reasonable knowledge of the relevant facts. Real property which is jointly-owned with right of survivorship must be disclosed on Schedule F. DESCRIPTION ITEM NUMBER 320 Steelstown Road, Newville, N. Newton Township - Cumberland County TOTAL (Also enter on line 1, Recapitulation) (If more space is needed, insert additional sheets of the same size) VALUE AT DATE OF DEATH 137,000.00 $ 137,000.00 Copyright (c) 1996 form software only CPSystems, Inc. Form REV-1502 EX (Rev. 1-97) REV- 1503 EX + (1-97) COMMONWEALTH OFPENNSYLVANIA INHERITANCETAXRETURN RESIDENT DECEDENT ESTATE OF SCHEDULE B STOCKS & BONDS FILE NUMBER Frank A. Reeder SSf/ 189-16-4406 03/09/2003 21-03-0245 All property jointly-owned with right of survivorship must be disclosed on Schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION UNIT VALUE OF DEATH i 5,914 shares Adams County National Bank 22.60 133,656.40 2 1 share Cumberland Valley Co-Op Assn - membership stock 10.00 10.00 TOTAL(Alsoenteronline2, Recapitulation) 133,666.40 (If more space is needed, insert additional sheets of the same size) Copyright (c) 1996 form software only CPSystems, Inc. Form REV-1503 EX (Rev. 1-97) REV-1500 EX + (6-00) COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE DEPT. 280601 HARRISBURG, PA 17128-0601 REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT OFFICIAL USE ONLY FILE NUMBER 21-03-0245 COUNTYCODE YEAR NUMBER DECEDENT'S NAME (LAST, FIRST, AND MIDDLE INITIAL) Reeder Frank A. DATE OF DEATH (MM-OD-YEAR) I DATE OF BIRTH (MM-OD-YEAR) 03/09/2003 09/07/1922 (IF APPLICABLE) SURV V NG SPOUSE'S NAME (LAST, FIRST, AND MIDDLE INITIAL) 4. Limited Estate 4a. FuturelnterestCompromise(dateofdeathafter12-12-82) 6, Decedent Died Testate ?. Decedent Maintained a Living Trust (Attach copy of Will) (Attach copy of Trust) ~--~ 9. Litigation Proceeds Received [] 10. Spousal Poverty Credit (date of death between 12-31-91 and 1 - 1-95) NAME Marcus A. McKni~ht Esq. FI RM NAM E (I f Applicable) IRWIN & McKNIGHT TELEPHONE NUMBER 73_7/249- 2353 1. Real Estate (Schedule A) (1) 2. Stocks and Bonds (Schedule B) (2) 3. Closely Held Corporation, Partnership or (3) Sole-Proprietorship Mortgages & Notes Receivable (Schedule D) (4) Cash, Bank Deposits & Miscellaneous Personal Property (5) (Schedule E) Jointly Owned Property (Schedule F) (6) [~] Separate Billing Requested Inter-Vivos Transfers & Miscellaneous Non-Probate Property (7) (Schedule G or L) Total Gross Assets (total Lines 1-7) Funeral Expenses & Administrative Costs (Schedule H) (9) Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) (10) Total Deductions (total Lines 9 & 10) Net Value of Estate (Line 8 minus Line 11 ) R 5. E C A 6. P I T U 7. L A T 8. I O 9. N 10. 11. 12. 13. 14. M CAPB HpRL EpIO CRAC KOTM ES Co. $ T SOCIAL SECURITY NUMBER 189-16-4406 THIS RETURN MUST BE RLED IN DUPLICATE WITH THE REGISTER OF WILLS SOCIAL SECURITY NUMBER (date of death 3. Remainder Return prior to 12-13-82) {~. Federal Estate Tax Return Required 8. Total Number of Safe Deposit Boxes 11. Election to tax under Sec. 9113(A) (Attach Sch O) COMPLETE MNLING ADDRESS 60 West Pomfret Street West Pomfret Professional Bldg. Carlisle, PA 17013 .OFFICIAL USEONLY 137,000 ;'bO 133,666 ~40 None None 293,524.41 140,439.45 54,413.24 32,482.85 7,947.22 (8) 759,043.50 (11) 40,430.07 (12) 718,613.43 (13) Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made (Schedule J) Net Value Subject to Tax (Line 12 minus Line 13) (14) 718,613.43 SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES ~. AmOunt of Line 14 taxable at the spousal tax . ~-ate,'(;ir tFansfers under Sec. 9116(aX1.2) X .0 0 ' '(15) ' ' ' 0.00 16. ~,meunt of Line 14 taxable at lineal rate 718,613.43 X .0 45 '(16) 32,337.60 17, Amount of Line 14 taxable at sibling rate ~-- X ~ (17)' ' ----'"-~. ~' 18. Amount of Line 14 taxable at collateral rate ~-- X .15 (18)' ' ----~---.'~ 19. Tax Due ' ~-- (19)= = ~~ Copyright (c) 2000 form software only The Lackner Group, Inc. Form REV-1500 EX (Rev. 6-0O) REV- 1508 EX * (1-97) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENTDECEDENT ESTATE OF Frank A. SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY Reeder SS# 189-16-4406 03/09/2003 FILE NUMBER 21-03-0245 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 9 10 11 12 DESCRIPTION Financial Services Inc. - Scudder US Fund Inc. - Scudder Managed Cash on hand Travelers Checques Farmers National Bank - checking account #12-784-1 Farmers National Bank - savings account #9648534 First Union - savings account #183056 First Union - checking account 7,950.082 shares Gibb Government Securities 7,433.427 shares Gibb Financial Services Municipal Bond Fund VALUE AT DATE Of DEATH 3,693'.307 shares The Vanguard Group - Wellington Fund 1993 Ford Truck - sold 05/14/03 1999 Oldsmobile 88 LS Sedan sold 07/10/03 Miscellaneous peronsal property sold 6,320.00 180.00 24,447.37 8,613.59 765.25 804.30 70,119.72 69,725.55 86,977.38 5,000.00 12,000.00 8,571.25 TOTAL (Also enter on line 5, Recapitulation) $ 293,524.41 (If more space is needed, insert additional sheets of the same size) Copyright (c) 1996 form software only CPSystems, Inc. Form REV-1508 EX (Rev. 1-97) REV- 1509 EX + (1-97) SCHEDULE F JOINTLY-OWNED PROPER TY COMMONWEALTH OF PENNSYLVANIA iNHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Frank A. Reeder SS# 189-16-4406 03/09/2003 21-03-0245 If an asset was made joint within one year of the decedent's date of death, it must be reported on Schedule G. SURVIVING JOINT TENANT(S) NAME ADDRESS RELATIONSHIP TO DECEDENT A.Ruby J. Baker daughter B. Frank E. Reeder 46 Goodyear Road Carlisle, PA 17013 580 Shippensburg Rd Newville, PA 17241 s on JOINTLY-OWNED PROPERTY: LETTER DATE DESCRIPTION OF PROPERTY % OF DATE OF DEATH Include name of ff~ncial institution a~ bank ITEM FOR JOINT MADE account number or similar identi~ing number. DATE OF DEATH DECD'S VALUE OF NUMBER TENANT JOINT Attachdeedforjointly-heldrealestate. VALUE OF ASSET INTEREST DECEDENT'S INTERES 1 A&B 12/08/00 !Farmers National Bank - 10,043.40 33.33% 3,347.80 certificate #2991000 2 A&B 08/28/98 Farmers National Bank - 10,005.37 33.33% 3,335.12 certificate #2990311 3 A&B 06/04/98 Farmers National Bank - 20,094.28 33.33% 6,698.09 certificate #2990214 4 A&B 06/04/98 Farmers National Bank - 10,047.14 33.33% 3,349.05 certificate #2990215 5 A&B 08/03/99 Farmers National Bank - 10,014.58 33.33% 3,338.19 certificate #2990621 6 A&B 06/09/98 Farmers National Bank - 10,044.80 33.33% 3,348.27 certificate #2990228 7 A&B 06/23/98 Farmers National Bank - 20,071.99 33.33%I 6,690.66 certificate #2990237 8 A&B 06/23/98 Farmers National Bank - 10,036.00 33.33% 3,345.33 certificate #2990238 9 A&B 01/07/99 Farmers National Bank - 10,027.15 33.33% 3,342.38 :ertificate #2990446 10 A&B 09/22/98 Farmers National Bank - 20,189.08 33.33% 6,729.69 certificate #2990349 I Tot~l of Continuation Schedule(s) 96,914.87 TOTAL(Alsoenteronline6, Recapitulation) $ 140,439.45 (If more space is needed insert additional sheets of the same size) Copyright (c) 1996 form software only CPSystems, Inc. Form REV- 1509 EX (Rev. 1-97) Estate of: Frank A. Reeder Soc Sec #: 189-16-4406 Date of Death: 03/09/2003 Continuation of Schedule F (Jointly Owned Property) Item Ltr for Date Description of property # Jt Ten Joint Total Val of Asset Decds % Int Dollar Val of Decds Interest 11 A&B 12 A&B 13 A&B 14 A&B 15 A&B 16 A&B 17 A&B 18 A&B 19 A&B 20 A&B 21 A&B 22 A&B 23 B 24 B 09/29/98 Farmers National Bank certificate #2990352 05/05/98 Farmers National Bank - certificate #2990159 12/14/99 Farmers National Bank - certificate #2990738 05/15/98 Farmers National Bank certificate #2990175 07/31/98 Farmers National Bank - certificate #2990286 07/12/00 Farmers National Bank - certificate #2990888 08/04/98 Farmers National Bank certificate #2990291 05/27/98 Farmers National Bank - certificate #2990196 05/29/98 Farmers National Bank certificate #2990198 05/09/00 First Union - certificate #1187556 05/25/00 First Union - certificate #1205302 12/22/99 First Union - certificate #1003962 02/01/01 First Union - certificate #1809490 02/16/00 First Union/Wachovia certificate #1817597 10,083.55 10,072.33 10,041.53 10,072.33 10 016.12 20 049.36 20 029.17 20 101.72 10 049.95 15,001.75 10,015.18 40,060.36 35.028.24 35 072.64 33.33% 33.33% 33.33% 33.33% 33.33% 33.33% 33.33% 33.33% 33.33% 33.33% 33.33% 33.33% 50.00% 5O.00% 3,361.18 3 357.44 3,347.18 3 357.44 3,338.71 6,683.12 6,676.39 6,700.57 3,349.98 5,000.58 3 338.39 13,353.45 17,514.12 17,536.32 96.914.87 BEV-lSt0 EX+ (~-97) SCHEDULE G INTER-VIVOS TRANSFERS & COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN MISC. NON-PROBATE PROPERTY RESIDENT DECEDENT ESTATE OF FILE NUMBER Frank A. Reeder SS~/ 189-16~4406 03/09/2003 21-03-0245 This schedule must be completed and filed if the answer to any of questions 1 through 4 on page 2 is yes. DESCRIPTION OF PROPERTY % OF ITEM INCLUDE THE NAME OF THE TRANSFEREE. THEIR DATE OF DEATH DECD'S EXCLUSION TAXABLE VALUE RELATIONSHIP TO DECEDENT AND THE DATE OF TRANSFER. NUMBER ATTACH A COP¥OF THE DEED FOR REAL ESTATE. VALUE OF ASSET INTEREST (IF APPLICABLE) 1 Erie Annuity 4;540-351 26,180.00 26,180.00 2 Farmers National Bank - IRA 22,057.56 22,057.56 ~/9000002 paid to children of decedent 3 First Union IRA paid to 6,175.68 6,175.68 children I TOTAL (Also enter on line 7, Recapitulation) $ 54,413.24 (If more space is needed, insert additional sheets of the same s~ze) Copyright (c) 1996 form software only CPSystems, Inc. Form REV-I$10 EX (Rev, 1-97) REV- 1511 EX * (1-97) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Frank A. Reeder SS~/ 189-16-4406 SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS 03/09/2003 FILENUMBER 21-03-0245 Debts of decedent must be reported on Schedule I. ITEM NUMBER Ao 2 1 2 3 4 5 6 DESCRIPTION FUNERAL EXPENSES: Eby Granite Works Egger Funeral Home ADMINISTRATIVE COSTS: Personal Representative's Commissions Name of Personal Representative(s) Social Security Number(s) / EIN Number of Personal Representative(s) Street Address City State ¸Zip Year(s) Commission Paid: Attorney's Fees IRWIN & McKNIGHT Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant Street Address City State 'Zip Relationship of Claimant to Decedent Probate Fees Register of Wills Accountant's Fees Tax Return Preparer's Fees Other Administrative Costs Cumberland Law Journal - estate notice publication Dan Hershey Auctioneering Service Newville Lions Club Register of Wills filing Robert D. Baker, services S.W. Barrett Real Estate - rental fee fees/short certificates appraisal fee Total of Continuation Schedule(s) TOTAL (Also enter on line 9, Recapitulation) (If more space is needed, insert additional sheets of the same size) AMOUNT 85.00 5,893.70 22,900.00 546.00 170.00 75.00 1,539.15 210.00 40.00 493.00 275.00 256.00 $ 32,482.85 Copyright (c) 1996 form software only CPSystems, Inc. Form REV-1511 EX (Rev. 1-97) Estate of: Frank A. Reeder Soc Sec #: 189-16-4406 Date of Death: 03/09/2003 Item Description Continuation of Schedule H-B7 (Other Administrative Costs) Amount 7 8 The Valley Times Star - estate notice publication Wayne Hoover, services 56.00 200.00 256.00 ' REV-151::; EX +(1-97) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Frank A. Reeder SS~ SCHEDULEI DEBTS OF DECEDENT, MORTGAGE LIABILITIES, AND LIENS 189-16-4406 03/09/2003 FILE NUMBER 2!-03 -0245 Include unreimbursed medical expenses. ITEM NUMBER 1 2 3 4 5 6 7 8 9 10 11 DESCRIPTION Andorra Radiology Carlisle Regional Medical Carlisle Hospital Continuing Care RX Hoover's Plumbing PA Department of Revenue Penn Power & Light Co. Sprint Telephone Steven Foster, roof repairs Swaim Health Center WSI Hauling Center 2002 income tax due TOTAL (Also enter on line 10, Recapitulation) $ AMOUNT 32.00 100.00 100.00 433.36 623.35 95.00 359.13 198.75 4,770.00 890.58 345.05 7,947.22 (If more space is needed, insert additional sheets of the same size) Copyright (c) 1996 form software only CPSystems, Inc. Form REV-1512 EX (Rev. 1-97) REV- 1513' EX * (9-00) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Frank A. Reeder SS# 189-16-4406 NUMBER II. SCHEDULE J BENEFICIARIES 03/09/2003 NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 91 Ruby J. Baker 46 Goodyear Road Carlisle, PA 17013 Frank E. Reeder 580 Shippensburg Road Newville, PA 17241 Stephanie A. Reeder 580 Shippensburg Road Newville, PA 17241 RELATIONSHIP TO DECEDENT Do Not List Trustee(s) Daughter Son Granddaughter FILE NUMBER 21-03-0245 AMOUNT OR SHARE OF ESTATE 1/2 remainder 1/2 remainder 20,000.00 TOTAL OF PART II - ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV 1500 COVER SHEET $ 0 o 00 (If more space is needed, insert additional sheets of the same size) Copyright (c) ZOOO form software only The Lackner Group, Inc. Form REV-1513 EX (Rev. 9-00) B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS ENTER DOLLAR AMTS. FOR DISTRIBUTIONS SHOWN ABOVE ON LN. 15 THRU 18, AS APPROPRIATE, ON REV 1500 COVER SHEET NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SEC. 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE LAST }FILL AND TESTAMENT I, FRANK A. REEDER, of North Newton Pennsylvania, declare this instrument to be my Last Will revoking all Wills and Codicils heretofore made by me. Township, Cumberland County, and Testament, hereby expressly 1. I direct my Co-Executors to pay all of my debts, funeral and administrative expenses as soon as may be done conveniently a~er my decease. 2. I authorize and empower my Co-Executors to sell any realty owned by me at my death and not specifically devised herein, at either Public or private sale, and to give good and sufficient deeds therefor, in fee simple, as I could' do if living. follows: I give, devise and bequeath all of my estate_ o~f_eve~ nature and wherever, situate as (a) (b) $20,000.00 to my granddaughter, STEPHANIE ANN REEDER; all the rest, residue and remainder equally per stirpes to my children, FRANK E. REEDER and RUBY J. BAKER. If one of my children has predeceased me, said share of the deceased child will be equally distributed to the issue of said child. If either child predeceases me without living issue, then that deceased child's share shall be given to the other child who survives me. 4. I nominate and appoint FRANK E. REEDER and RUBY J. BAKER to be the Co- Executors of this my Last Will and Testament; they are to serve as such without bond. 5. i hereby suggest that my personal 'representatives retain the services of Irwin, McKnight & Hughes as attorneys for the settlement of my estate. IN WITNESS WHEREOF, I have hereunto set my hand and seal this February, 2003. day of (SEAl,) Signed, sealed, published and declared by FRANK A. REEl)ER, the Testator above- named, as and for his Last Will and Testament, in the presence of us, who, at his request, in his presence and in the presence of each other have subscribed our nmv..es as wimesses. A CKNOWLEDGEMENTAND AFFIDA FIT WE, FRANK A. REEDER, SHARON L. SCItWALM and MARTHA L. NOEL, the testator and witnesses respectively, whose names are signed to the foregoing instrument, being first duly sworn, do hereby declare to the undersigned authority that the testator signed and executed the instrument as his Last Will and that he had signed willingly, and that he executed it as his free and voluntary act for the purpose herein expressed, and that each of the witnesses, in the presence and hearing of the testator, signed the Will as a witness and that to the best of their knowledge the testator was, at that time, eighteen years of age or older, of sound mind and under no constraint or undue influence. FRANK A. REEDER SHARON L. SCHWALM · ? / , / ~ M.~RTHA L. NOEL COMMONWEALTH OF PENNSYLVANIA : : SS: COUNTY OF CUMBERLAND : Subscribed, swom to and acknowledged before me by FRANK A. REEDER, the testator, and subscribed and swo~n7,~ before me by SHARON L. SCHWALM and MARTI:L~ L. NOEL, witnesses, this ¢/'¢;""day of February, 2003. / ' ~' Notarial Seal Jacqueline L. Drawbaugh, Notary Public ! 1 y ~ I ~;!'," ; .'..t.'ms Aug. 14, 2~J3 Mefnt?,s - Fo ~r s?~,:-: ~. a,association ot,Notanes A B tYPE OF LOAN U.S. DEPARTMENT OF HOUSING & URBAN DEVELOPMENT 1.E]FHA 2 ~]FmHA 3 E]CONV. UNINS 4. E]VA 5. ~X~CONV INS 6 FILE NUMBER: I 7. LOAN NUMBER: SETTLEMENT STATEMENT DERRLI0~3t 640426432 8. MORTGAGE INS CASE NUMBER: C N BT E~ Th~s form is furnished to give you a statement of actual settlement costs Amounts paid to and by the se~ement agent are shown t Items marked "[POC]" were paid outside the closing: they are shown here for informabonal purposes and are not ~ncluded in the totals 1 0 3~98 (OERRLIG.03 PFD/DERRLI(~03/40} D NAME AND ADDRESS OF BORROWER: E. NAME AND ADDRESS OF SELLER: F. NAME AND ADDRESS OF LENDER: LINN T DERR, JR. THE ESTATE OF FRANK A. REEDER ABN AMRO MORTGAGE GROUP INC. 106 BONNYBROOK ROAn 210 BIG SPRING ROAD 2600 W. BIG BEAVER ROAD CARLISLE, PA 17013 NEWVILLE, PA 17241 TROY, MICHIGAN 48084 G. PROPERTY LOCATION: H. SETTLEMENT AGENT: 25-1694310 I. SETTLEMENT DATE: 320 STEELSTOWN ROAD Salzmann, Hughes & Fishman, P.C. NEWVILLE, PA 17241 October 15, 2003 CUMBERLAND County, PennsiNvania PLACE OF SETTLEMENT 95 Alexander Spring Road, Ste. 3 Carlisle, PA 17013 J. SUMMARY OF BORROWER'S TRANSACTION K. SUMMARY OF SELLER'S TRANSACTION 100. GROSS AMOUNT DUE FROM BORROWER: 400. GROSS AMOUNT DUE TO SELLER: 101. Contract Sales Price 137,000.00 401. Contract Sales Price 137,000.00 102. Personal Property 402. Personal Propert~ 103. Settlement Charges to Borr~ver (Line 1400) ' 4,646.25 403. 104. J 4O4. 105. 405. Adjustments For Items Paid By Seller in advance Adjustments For Items Paid By Seller in advance t06. County/Twp.:axes 10/15/03 to 12/31/03 60.78 406 County/TwpTaxes 10t15t03 to 12/31/03 60.78 107. School Taxes I0/15/03 to 07/01104 1~007.66 407. SchoulTaxes 10/15/03 to 07/01/04 1,00766 108. Assessments to 408. Assessments to 109 409. 110. , 410. 111. 411. i112 412. 120. GROSS AMOUNT DUE FROM BORROWER [ 142,714.69 420. GROSS AMOUNT DUE TO SELLER 138,06844 :200. AMOUNTS PAID ~ty OR IN BEHALF OF BORROWER: 500. REDUCTIONS IN AMOUNT DUE TO SELLER: 201. Deposit or earnest money 3,000.00 501. Excess Deposit (See Instructions 202. Principal Amount of New Loan(s) 130,150.00 502. Settlement Charges to Seller {Line 1400~! 10,82458 203 Existing loan(s~ taken subject to 503. Ex~sting Ioan(s~ taken s,,h?ct to 204 504. Payoff of first Mortgage 205. 505. Payol'f of second Mortgage 2O6 5O6. 207. 507. (Del~sit disb. as proceeds) 208 r 508. i 209. 509 Adjustments For/terns Unpaid By Seller Adjustments For Items Unpaid By Seller 210, County/Twp. Taxes to 510. County/Twp. Taxes to 211 School Taxes to 511. School Taxes to 212 Assessments * to 512. Assessments 213. 513. 214. 514 215. 515. 216. 516. 217. 517. 218. 518. 219. 519. 220. TOTAL PAIO BY,'FOR BORROWER 133,150.00 520. TOTAL REDUCTION AMOUNT DUE SELLER 10,824.58 300. CASH AT SETTLEMENT FROM/TO BORROWER: 600. CASH AT SETTLEMENT TO/FROM SELLER: 301. Gross Amount Due From Borrower {Line 120) ( 142,714.69 601. Gross Amount Due To Seller (Line 4201 i 138,068 44 302. Less Amounl Paid By/For Borrower ILine 220/ 133,150.00) 602. Less Reductions Due Seller (Line 520) i( 10,824.581 .303 CASH ( X FROM ) ( TO ) BORROWER 9,564.69 603 CASH ( X TO) ( FROM) SELLER i 127,24386 The undersigned hereby acknowledge receipt of a completed copy of pages 1&2 of this statement & any attachments referred to herein. Borrower ,~_£. LINN T. DERR, JR. c.~:/' RUBY.,~J?~KER (,FRANK E. REEDER - Diwsion of Commission (line 700) as Follows. 701. $ 8,220.00 to COLDWELL BANKER HOMESALE GROUP FU~I~S 702 $ to S~LEMENT SE~TLEMEHT 703 Commission Paid at Sefflement 8220 00 704. TRANSACTION FEE 1o COLDWELL BANKER HOMESALE GROUP 195 00 195.00 800. ITEMS PAYABLE IN CONNECTION WITH LOAN 801 Loan Origination Fee % to 802 Loan Discount % to 803 Appraisal Fee to CODY FINANCIAL 275.00 804 Credit Report to CODY FINANCIAL 5000 805. PROCESSING FEE 806. LENDER ADMINISTRAT to CODY FINANCIAL to ABN AMRO MORTGAGE GROUP INC. 807. DEFERRED PREMIUM to CODY FINANCIAL POC $3,741.81 808. FLOOD CERT 809. 810 811. to CODY FINANCIAL 50.00 32500 2150 900. ITEMS REQUIRED BY LENDER TO BE PAID IN ADVANCE 901.Interest From to ~ $ /day ( days %) 902. Mortgage Insurance Premium for months to 903. Hazard Insurance Premium for 1.0 years to ERIE INSURANCE 904. 905. 1000. RESERVES DEPOSITED WITH LENDER 215.55I -366.75 1001. Hazard Insurance 3.000 months ~ $ 27.09 per month 1002. Mortgage Insurance months {~ $ per month 1003. CountyFrwp Taxes 9.000 months ~ $ 23.95 per month 1004. SchoolTaxes 5.000 months ~ $ 118.21 per month 1005. Assessments months {~ $ per month 1006 months ~ $ per month 1007. months ~, $ per month 1008. months ~ $ per month 1100. TITLE CHARGES 1101. Settlement or Closing Fee 1102. Abstract or Title Search to 1103. Title Examination to 1104. Title Insurance Binder t~o 1105. Document Preparation 1106. Nota~ Fees 107 Attorney's Fees to NOTARY PUBLIC 10.00 to (includes above item numbers: ) 108. Title Insurance to Commonwealth Title/SHF P.C. 1,043.75 (includes above item numbers: 1101-1105; 1107-1111 ) 1109. Lender's Coverage $ 130,150.00 1110. Owner's Coverage $ 137,000 00 1,043.75 111 I. Endorsements 1001300t900 to Commonwealth Title/SHF, P.C. 150.00 1112. Insured Closing Protection Ltr to Commonv~alth Title/SHF, P.C. 35.00 1113 1200. GOVERNMENT RECORDING AND TRANSFER CHARGES 1201. Recording Fees: Deed $ 38.50; Mortgage $ 64.50; Releases $ 1202. City/County TaWStamps: Deed 1,370.00; Mortgage 1203 State Tax/Stamps: Revenue Stamps 1,370.00; Mort~]age 1204. , 1205 lO3.OOJ 1,37o.oo 1,37000 1300. ADDITIONAL SETTLEMENT CHARGES 1301. Survey to 2050I 100.00 4,646,25 302. Pest Inspection to 1303. Overnight Mail Fee 1304. SEPTIC INSPECTION to Salzmann~ Hughes & Fishman, P.C. to PECK'S SEPTIC 1305 See addit'l disb. exhibit to /.03u 58 10,824.58 1400. TOTAL SETTLEMENT CHARGES {Enter on Lines 103, Section J and 502, Section K} ~" ) By ~gr~mg page 1 of th~s statement, the slgnatodes acknowledge receipt ota completed copy of page 2 of tll~ two page ~alem t / Sa~zma~.-~l~es & Fishman, P.C. / Ee~ffle~ent/Ag~nt Certified to be a true copy ~ / (DERRLIO031DERRL~03/41) Borrower: Seller: Lender: Settlement Agent: Place of Settlement: Settlement Date: Property Location: ADDITIONAL DISBURSEMENTS EXHIBIT LINN T. DERR, JR. THE ESTATE OF FRANK A. REEDER ABN AMRO MORTGAGE GROUP INC. Salzmann, Hughes & Fishman, P.C. (717)249-6333 95 Alexander Spring Road, Ste. 3 Carlisle, PA 17013 October 15, 2003 320 STEELSTOWN ROAD NEWVILLE, PA 17241 CUMBERLAND County, Pennsylvania PAYEE/DESCRIPTION NOTE/REF NO BORROWER SE~ I FR BIS HOME INSPECTION WATER TEST 65.00 BIS HOME INSPECTION ADDITIONAL WATER TEST 130.00 PECK'S SEPTIC SEPTIC REPAIR 844.58 Total Additional Disbursements shown on Line 1305 $ 0.00 $ 1,039.58 (DER r L 10-O3.PFD/DER R L10.03/42) April 7, 2003 Marcus A. McKnight, III Irwin McKnight Hughes West Pomfret Professional Building 60 West Pomfret Street Carlisle, PA 17013-3222 ACNB Corporation Estate of Frank A. Reeder Date of Death: March 9, 2003 Social Security # 189-16-4406 Dear Mr. McKnight: Please be informed that our records indicate that Frank A. Reeder owned 5,914 shares of .ACNB Corporation common stock at the time of his death. The corporation does not offer a dividend reinvestment program, therefore, such an account was not established on behalf of Mr. Reeder. Also, the value of this stock for the dates of March 7 and March 10, 2003, reflect the price of $22.60 per. share for both dates. With reference to your inquiry pertaining to a restriction of stock due to Mr. Reeder's position as a bank director for Farmers National Bank of Newville; Mr.' Reeder has not been a director of Farmers National Bank of Newville since October 2000. Also, Mr. Reeder was never a director of ACNB Corporation. Therefore, there is no need for concern regarding a restriction on the stock. Sincerely, ~ W. ~ichten ~cretary/Treasurer JWK/las P.O. Box 3129 · Gettysburg, PA 17325 · (717) 334-3161 Adams County National Bank · Wholly-Owned Subsidiary of ACNB Corporation ~¥~AR 5 t ~005 IRWIN MCKNIGHT & HUGHES ATTN MARCUS A MCKNIGHT 60 W POMFRET ST CARLISLE, PA 17013-3222 March 27, 2003 Wellington Fund 09948564599 ESTATE OF FRANK. A REEDER Dear Mr. McKnight: We are responding to your request for the date of death value of the above-referenced individual non-retirement account registered solely to Frank A. Reeder. Since March 9, 2003 was on a non-business day, .we are providing' the values for March 7, 2003. On that date, the number of shares, price per share, and the value of the account were as follows: Fund Name Shares Price Value Smali-Cap Index Fund 3,693.307 $23.55 $86,977.38 Accrued Dividends (through the date of death): Not Applicable Note: As of March 10, 2003 (the business day following the date of death), the account's share balance remained the same. However, the share price had changed to $23.21. To transfer the account, the executors need to complete the enclosed transfer form. This form will provide the new registration information and certify the Social Security or taxpayer identification number for the new account. This form will also let the executors choose options for the new account. The executors must sign the form in section three. If the account will not be transferred to Frank A. Reeder's estate, the executors' signatures must be guaranteed. All new account owners must sign the form in section nine. (6to) 669-r0oo · www. vanguard.com You can obtain a signature guarantee from an officer of a bank or trust company, or a member firm of a United States stock exchange. A notary public cannot provide a signature guarantee. In order for a signature guarantee to be valid, it must state the words "Signature Guaranteed", be signed by the guarantor, and indicate his or her position and title. It must also indicate the name of the institution issuing the guarantee. We will transfer the account when we receive the requested documentation. For your convenience, we have enclosed a postage-paid envelope. If you have any questions or need further assistance, please contact a member of our Transition Specialist Team at 1-888-237-9045. A dedicated Transition Specialist will be pleased to assist you. Sincerely> Client Services Department sjp Enclosure(s): Vanguard Change-of-Ownership Vanguard Return Envelope 50250656 GIBB FINANCIAL SERVICES, INC. 16 West Pomfret Street, Carlisle, PA 17013 (717) 249-3737 FAX (717) 249-8010 March 27, 2003 Marcus A. McKnight III Irwin McKnight & Hughes 60 W Pornfi'et Street Carlisle PA 17013-3222 IRWIN, McKNIGHT & HUGHES RE: Estate of Frank A. Reeder Dear Mr. McKnight, As requested by the co-executors of the Estate of Frank A. Reeder following are the date of death values for Mr. Reeder's Scudder Accounts. Both accounts' are registered as individual accounts. Please do not hesitate to contact me if you need additional information. Scudder US Govt Securities Fund 218-133306948 03/09/2003 MV $70,119.72 7950.082 shares Scudder Managed Muni Bond Fund 666-133306948 03/09/2003 MV $69,725.55 7433.427 shares Sincerely, Lisa A. Riggleman Registered Sales Assistant Branch Office: Cadaret, Grant & Co., Inc., Member, NASD and SIPC INSURANCE INC. 96 South High Street · Newville, PA 17241 · (717) 776-5213 Fax (717) 776-4159 March 21 ~00_~ Irwin McKnight & Hughes Attn: Marcus A. McKnight III 60 W Pomfret St. Carlisle, PA 17013 Re: Estate of Frank A. Reeder Dear Mr McKnight, Please be advised that Mr. Frank Reeder had automobile, homeowners, and an annuity with our agency. The automobile insurance is paid in full until 6/4/03. The homeowners coverage is paid in full Until 10/8/03. The annuity was opened on 4/5/02 with a $25,000 contribution, the annuity policy number is 540-351. The value on this account as of 2/28/03 was $26, 180 The beneficiaries on this annuity are his tWO children. I have enclosed a claim [brm tbr completion to finalize this claim. The company would also require a copy of Mr. Reeder's death certificate fbr their files. We will fbrward all information and correspondence to your location, as requested. If we may be of assistance in any other way, please feel free to call. Thank you, -\ / / //,john P. Wolfe II, C~C !j;J P Wolfe Insurance, Inc. enclosure Other location: 23 West Main Street · Shiremanstown, PA 17011 · (717) 737-4981 ® W CHOVI First Union/Wachovia Attn: Balance Confirmation Services P O Box 40028 Roanoke VA 24022-731.3 March 25, 2003 Reference ID: 560373 IRWIN MCKNIGHT & HUGHES 60 WEST POMFRET STREET CARLISLE, PA 17013-3222 SUBJECT: Verification / Confirmation of Account and Balance Information provided for: .Customer: FRANK A REEDER (SSN# 189-16-4406) Date of Death: March 9, 2003 Account Type Deposit Account Information Account Date of Death Average Date Maturity Interest Number Balance Balance* Opened Date Rate $35,000.00 8/16/2002 2/16/2005 . Renewal from previous certificate dated 2/16/2000 CERTIFICATE OF DEPOSIT 247412061817597 LEGAL TITLE: FRANK A. REEDER FRANK E. REEDER Accrued Interest $72.64 YTD Interest Paid $204.61 Date Closed CERTIFICATE OF DEPOSIT 247412051187556 LEGAL TITLE: FRANK A. REEDER FRANKE. REEDER RUBY J. BAKER $15,000.00 5/9/2002 10/9/2004 Renewal from previous certificate dated 5/9/00 $1.75 $157.83 CERTIFICATE OF DEPOS~ 247412051205302 LEGALTITLE:FRANK A. REEDER FRANK E. REEDER RUBYJ. BAKER $10,000.00 5/25/2000 10/25/2004 $15.18 $72.49 CERTIFICATE OF DEPOSIT 247412061003962 LEGAL TITLE:FRANK A. REEDER FRANK E.REEDER RUBYJ. BAKER $40,000.00 12/22/1999 5/22/2004 $60.36 $117.03 CERTIFICATE OF DEPOSIT 247412061809490 LEGAL T1TLE: FRANK A. REEDER FRANK E. REEDER $35,000.00 8/2/2002 2~/2005 Renewal from previous certificate dated 2/1/2001 $28.24 $318.06 CHECKING 1014176289737 LEGAL TITLE: FRANK A. REEDER POA'S - RUBY BANKER & FRANK E. REEDER $804.30 7/1/1997 NA 000671 IRA 257410060280151 LEGAL TITLE: FRANK A. REEDER $6,175.68 For Beneficiary Claim Form information, please call 1(800)669-2136. 12/13/1999 Re~mncelD:560373 $40.29 $0.00 SAVINGS 3083380183056 LEGAL TITLE: FRANK A. REEDER POA'S - RUBY BAKER & FRANK E. REEDER $765.17 5/1/1977 $0.08 $0.33 * Due to system limitations, we can only provide a twelve month average balance on depository accounts. * Date of death balance does not include accrued interest. * If date of death occurrs on a weekend or a holiday, date of death balance does not include any transactions that were N_ made during that time period. Julia Sorrells March 25, 2003 (540)563-7323 Servicenter Associate Phone Number abs; at 000671 FARMERS NATIONAL BANK Marcus A. McKnight III Esquire IRWIN MCKNIGHT & HUGHES 60 West Pomfret Street Carlisle, PA 17013 RE: Estate of Frank A. Reeder March 20, 2003 ,t4f 2 2 2003 IRWIN, McKN1GHT & HLIGH5 Dear Mr. McKnight: Mr. Reeder had the following accounts with this bank that were in his name alone - Checking account #12-784-1 opened 2/22/85 with a March 9, 2003 balance of $24,447.37; this account was non-interest-bearing. Savings account #9648534 was opened 6/18/84; balance $8,587.79 plus $25.80 accrued interest. Individual Retirement Account #9000002 opened 1/15/82; balance $22,057.56 plus $13.87 accrued interest. The following certificates of deposit were in Mr. Reeder's name or Frank E. Reeder or Ruby J. Baker: #2990159 - $10,000.00 dated 5/5/98, with $72..33 accrued interest #2990175 - $10,000.00 dated 5/15/98, with $72.33 accrued interest #2990196 - SZO,O00.O0 dated 5/27/98, with $101.72 accrued interest #2990198 - $10,000.00 dated 5/29/98, with $49,95 accrued interest #2990214 - $20,000.00 dated 6/4/98, with $94.28 accrued interest #2990215 - $10,000.00 dated 6/4/98, with $47.14 accrued interest #2990228 - $10,000.00 dated 6/9/98, with $44.80 accrued interest #2990237 - $20,000.00 dated 6/23/98, with $71.99 accrued interest #2990238 - $10,000.00 dated 6/23/98. with $36.00 accrued interest #2990286 - $10,000.00 dated 7/31/98, with $16.12 accrued interest #2990291 - $20,000.00 dated 8/4/98, with $29.17 accrued interest #2990311 - $10,000.00 dated 8/28/98, with $5.37 accrued interest #2990349 - $20,000.00 dated 9/22/98, with $189.08 accrued interest #2990352 - $10,000.00 dated 9/29/98, with $83.55 accrued interest #2990446 - $10,000.00 dated 1/7/99, with $27.15 accrued interest #2990621 - $10,000.00 dated 8/3/99, with $14.58 accrued interest #2990738 - $10,000.00 dated 12/14/99, with $41.53 accrued interest #2990888 - $20,000.00 dated 7/12/00, with $49.36 accrued interest #2991000- $10,000.00 dated 12/8/00, with $43.40 accrued interest. If I can be of further help, please let me know. Sincerely yours, '/Carolyn H~. Kough Box t 50, Ncwville. PA t v241 · ( ? 17) 776-5312 BUREAU OF INDIVIDUAL TAXES /NHERZTAHCE TAX DZV/SXDN DEPT. Z80601 HARRISBURG, PA 171Z8-0601 MARCUS A MCKNIGHT ESQ IRWIN & MCKNIGHT 60 W POMFRET ST CARLISLE COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLO#ANCE OR DZSALLONANCE OF DEDUCTIONS AND ASSESSHENT OF TAX '04 FB25 /~8:30 PA z~be:iar-¢ Co., PA DATE 01-12-200~ ESTATE OF REEDER DATE OF DEATH 05-09-2005 FILE NUMBER 21 05-02~5 COUNTY CUMBERLAND ACN 101 REV-15~7 EX AFP FRANK A Amount Remitted I HAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLTSLE, PA 17015 CUT ALONG THIS LINE ~* RETAIN LOWER PORTION FOR YOUR RECORDS ~-~ REV-1547 EX AFP (01-03} NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX ESTATE OF REEDER FRANK AFILE NO. 21 05-02~5 ACN 101 DATE OI-1Z-200~ TAX RETURN NAS: (X) ACCEPTED AS FILED { ) CHANGED RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. Real Estate (Schedule A) (1) 2. Stocks and Bonds (Schedule B) (2) $. Closely Held Stock/Partnership Zntarest (Schedule C) ($) q, Hortgagos/Notes Receivable (Schedule D) (q) E. Cash/Bank Daposits/Hisc. Personal Property (Schedule E) (5) 6. Jointly Owned Property (Schedule F) (6) 7. Transfers (Schedule G) (7) 8. Total Assets APPROVED DEDUCTIONS AND EXEMPTIONS: 9. Funeral Expanses/Adm. Costs/Misc. Expanses (Schedule H) (9) 10. Debts/Mortgage Liabilities/Liens (Schedule l) (10) 11. Total Deductions 12. Net Value of Tax Return 157~000.00 155~666.R0 .00 .00 Z95/52~.~1 1~0~39.q5 (8) 5Z,~8Z.85 7,9~7.ZZ (11) (12) 15. NOTE: Charitable/Governmental Bequests; Non-elected 9115 Trusts (Schedule J) (15) Nat Value of Estate Sub~ect to Tax (lq) If an assessment was issued previously, 11nas 14, 15 and/or 16, 17, reflect figures that include the total of ALL returns assessed to date. NOTE: To insure proper credit to your account, submit the upper portion of this form with your tax payment. 759,0q5.50 ASSESSMENT OF TAX: 15. Amount of Line lq at Spousal rata 16. Amount of Line lq taxable at Lineal/Class A rata 17. Amount of Line lq at Sibling rata 18. Amount of Line lq taxable at Collateral/Class B rata 19. Principal Tax Due TAX CREDITS: PAYMENT RECEIPT DISCOUNT (+) DATE NUMBER INTEREST/PEN PAID (-) 06-09-Z005 CDOOZ659 1,578.95 11-17-2005 CD005256 .00 qO.~O.07 718,615.~3 ZF PA/D AFTER DATE ZND/CATED, SEE REVERSE FOR CALCULAT/ON OF ADD/T/ONAL INTEREST. .00 718,615.~5 18 and 19 will (15) .00 x O0 = .00 (lc). 718,613-r~5 x OR5= 52,:557.60 (17) .00 x 1Z = .00 (la) .00 x 15 = .00 (19)= 52,557.60 32,337.60 .00 .00 .00 AHOUNT PAID 50,000.00 758.65 TOTAL TAX CREDIT BALANCE OF TAX DUE INTEREST AND PEN. TOTAL DUE ( IF TOTAL DUE TS LESS THAN $1, NO PAYMENT IS RE;)UZRED. ZF TOTAL DUE 1S REFLECTED AS A "CREDIT" (CR), YOU HAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORM FOR ZNSTRUCTIONS.),~--~ RESERVATION: PURPOSE OF NOTICE: PAYMENT: REFUND (CR): OBJECTIONS: ADMIN- ISTRATIVE CORRECTIONS: DISCOUNT: PENALTY: INTEREST: Estates of decedents dying on or before December II, 1982 -- if any future interest in the estate is transferred in possession or enjoyment to Class B (coLLateral) beneficiaries of the decedent after the expiration of any estate for Life or for years, the Coeeonwealth hereby expressly reserves the right to appraise and assess transfer Inheritance Taxes at the lawful Class B (collateral) rate on any such future interest. To fulfill the requirements of Section ZlqO of the Inheritance and Estate Tax Act, Act 23 of ZOO0. (72 P.S. Section 91qO). Detach the tap portion of this Notice and submit with your payment to the Register of Mills printed on the reverse side. --Make check or money order payable to: REGISTER OF NZLLS, AGENT A refund of a tax credit, which was not requested on the Tax Return, may be requested by completing an "Application for Refund of Pennsylvania Inheritance and Estate Tax" (REV-I315). Applications are available at the Office of the Register of Mills, any of the Z5 Revenue District Offices, or by calling the special Z4-hour ansearing service for forms ordering: 1-800-56Z-ZOSO; services for taxpayers with special hearing end / or speaking needs: 1-800-447-50Z0 (TT only). Any party in interest not satisfied with the appraisement, alloaance, or disallowance of deductions, or assessment of tax (including discount or interest) as shown on this Notice must object aithin sixty (60) days of receipt of this Notice by: --written protest to the PA Department of Revenue, Board of Appeals, Dept. ZBIOZI, Harrisburg, PA 171lB-lOll, --election to have the matter determined at audit of the account of the personal representative, OR --appeal to the Orphans' Court. OR Factual errors discovered an this assessment should be addressed in writing to: PA Department of Revenue, Bureau of Individual Taxes, ATTN: Post Assessment Review Unit, Dept. lB0601, Harrisburg, PA 171Z8-0601 Phone (717) 787-6505. See page 5 of the booklet "Instructions for Inheritance Tax Return for a Resident Decedent" (REV-lB01) for an explanation of administratively correctable errors. If any tax due is paid within three (3) calendar months after the decedent's death, a five percent (SI) discount of the tax paid is allowed. The 15Z tax amnesty non-participation penalty is computed on the total of the tax and interest assessed, and not paid before January 18, 1996, the First day after the end of the tax amnesty period. This non-participation penalty is appealable in the same manner and in the the same time period as you ,ould appeal the tax and interest that has been assessed as indicated on this notice. Interest is charged beginning with first day of delinquency, or nine (9) months and one (1) day from the date of death, to the date of payment. Taxes which became delinquent before January 1, 198Z bear interest at the rate of six (6Z) percent per annum calculated at a daily rate of .000164. Al1 taxes which became delinquent on and after January 1, 198Z will bear interest at a rate which wi1! vary from calendar year to calendar year with that rate announced by the PA Department of Revenue. The applicable interest rates for 19BI through 2003 are: Interest Daily Interest Daily Interest Daily Year Rate Factor Year Rate Factor Year Rate Factor 198Z ZOZ .000548 1987 9Z .000247 1999 7Z .OOO19Z 1982 16Z .000458 1988-1991 11Z .000501 ZOO0 8Z .OOOZ19 1984 llZ .000501 199Z 9Z .000Z47 ZOO1 9Z .000Z47 1985 122 .000556 1995-1994 72 .O0019Z ZOOZ 62 .000164 1986 lOZ .000Z74 1995-1998 92 .000247 ZOOS SZ .000157 --Interest is calculated as follows: INTEREST = BALANCE OF TAX UNPAID X NUNBER OF DAYS DELINQUENT X DALLY INTEREST FACTOR --Any Notice issued after the tax becomes delinquent will reflect an interest calculation to fifteen (15) days beyond the date of the assessment. If payment is made after the interest computation date shown on the Notice, additional interest must be calculated. COMMONWEALTH OF PENNSYLVANIA COUNTY OF CUMBERLAND Ruby J. Baker and Frank E. Reeder being duly sworn according to law, depose= and sayx that they are the personal _representatives of the Estate of Frank A. Reeder late of No_r__th Ne_wt~_on _Tpwnphi_p ., Cumberland County, Pa., deceased and that the within is an inventory made by Ruby J. Baker and Frank E. Reeder , the said personal representatives of the entire estate of said decedent, cons;sting of all the personal property 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. Sworn this ~h and subscribed before me, V t l I Jacqueline L. Drawbaugh, Nota~ F/ublic I My Comrn~ Expires Aug. 14, 2007 I RuI~y Ji/tl~ker ~irank E. Reeder Person~[1 Rep. Personal Rep. 46 Goodyear Rd. 580 Shippensburg Rd. Carlisle, PA 17013 Newville, PA 17241 Address Date of Death 09 03 2003 Day Month Year INSTRUCTIONS I. An inventory must be filed within three months after appointment of personal representaHve. 2. A supplement inventory must be f~led within thirty days of d~scovery of additional assets. 3. Additional sheets may be attached as to personalty or realty 4. See Article IV, Fiduciaries Act of 1949. o ? O 0 0 Inventory of the real and personal estate of FRANK A. REEDER deceased 1. 320 Steelstown Road, Newville, North Newton Township, Cumberland County. 2. 5,914 shares Adams County National Bank ................... 3. 1 share Cumberland Valley Co-op Association - Membership Stock ....... 4. Cash on Hand ................................ 5. Trav.el~rs.Checques'... .... ......................... 6. Farmers National Bank - Checking Account #120784-1 . , ......... 7. Farmers National Bank - Savings Account #9648534 .... .:i- . . ~ . . . ~. 8. First Union - Savings Account #183065 9. First Union - Checking Account ....................... 10. 7,950.082 shares Gibb Financial Services, Inc. - Scudder US Government Securities Fund ............................... 11. 7,433.427 shares Gibb Financial Services, Inc. - Scudder Managed Municipal Bond Fund ............................. 12. 3,693.307 shares The Vanguard Group - Wellington Fund ............ 13. 1993 Ford Truck - Sold 05/14/03 ....................... 14. 1999 Oldsmobile 88 LS Sedan - Sold 07/10/03 ................. 15. Miscellaneous Personal Property Sold .................... TOTAL ................... 137,000 133,656 10 6,320 180 24,447 8,613 765 804 70,119 69,725 86,977 5,000 12,000 8,571 564,190 O0 40 00 00 00 37 59 25 30 72 55 38 00 O0 25 81 STATUS REPORT UNDER RULE 6.12 Name of Decedent: FRANK A. REEDER Date of Death: MARCH 9, 2003 No. 21-03-0245 Pursuant to Rule 6.12 of the Supreme Court Orphans' Court Rules, I report the following with respect to completion of the administration of the above-captioned estate: 1. State whether administration of the estate is complete: X Yes ~ No 2. If the answer is No, state when the personal representative reasonably believes that the administration will be complete: 3. If the answer to No. 1 is Yes, state the following: a. Did the personal representative file a final account with the Court? ~ Yes X No b. The separate Orphans' Court No. (if any) for the personal representative's account is: c. Did the personal representative state an account informally to the parties in interest? X Yes No Date: d. Copies of receipts, releases, joinders and approvals of formal or informal accounts may be filed with the Clerk of Orphan's Court and may be 3/25/04attached to this report. ~~~~,.r~._.. Signature/ Capacity: IRWIN & McKNIGHT Marcus A. McKnight III, Esquire Name (please type or print) 60 West Pomfret Street Address Carlisle, PA 17013 City, State, Zip (717) 249-2353 Telephone Number X Personal Representative Counsel for Personal Representative BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX DIVISION DEPT. 28060! HARRISBURG, PA 171Z8-0601 COHNONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE NOTICE OF DETERMINATION AND ASSESSHENT OF PENNSYLVANIA ESTATE TAX BASED ON FEDERAL ESTATE TAX RETURN REV-~83 EX AFP COl-g3) HARCUS A HCKNIGHT ESQ IRWIN & MCKNIGHT 60 W POHFRET ST CARLISLE PA 17013 DATE 07-05-200q ESTATE OF REEDER DATE OF DEATH 03-09-2003 FILE NUHBER 21 03-0245 COUNTY CUHBERLAND ACN 201 Amount Rem*i tted FRANK HAKE CHECK PAYABLE AND REMIT PAYHENT TO: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 NOTE: To insure proper credLt to your account, submit the upper portion of this form with your tax payment. CUT ALONG THIS LINE ~ RETAIN LOWER PORTION FOR YOUR FILES ~ REV-483 EX APr (01-03) -- NOTICE OF DETERMINATION AND ASSESSMENT OF PENNSYLVANIA ESTATE TAX BASED ON FEDERAL ESTATE TAX RETURN .~ ESTATE OF REEDER FRANK A FILE N0.21 03-0245 ACN 201 DATE 07-05-Z004 ESTATE TAX DETERHZNATZON I. Credit For State Death Taxes as Verified .00 2. Pennsylvania Inheritance Tax Assessed (Excluding Discount and/or Interest) 3. Inheritance Tax Assessed by Other States .00 or Territories of the United States (Excluding Discount and/or Interest) 4. TotaZ Inheritance Tax Assessed 30/758.65 5. Pennsylvania Estate Tax Due .00 TAX CREDITS: 301758.65 PAYHENT RECEIPT DISCOUNT (+) DATE NUMBER INTEREST/PEN PAID (-) AHOUNT PAID ~ZF PAID AFTER THIS DATE, SEE REVERSE SIDE (IF TOTAL DUE ZS LESS FOR CALCULATION OF ADDITIONAL INTEREST. TOTAL TAX CREDIT BALANCE OF TAX DUE] INTEREST AND PEN. TOTAL DUE .00 .00 .00 .00 THAN $1, NO PAYMENT 1S REI)UTRED ZF TOTAL DUE TS REFLECTED AS A "CRED/T" (CR), YOU HAY BE DUE A REFUND. SEE REVERSE STDE OF TH/S FORH FOR TNSTRUCTTONS.) PURPOSE OF NOTICE: PAYNENT: To fulfill the requirements of Section 2140 (b) of the Inheritance and Estate Tax Act, Act Z3 of 2000. (7Z P.S. Section 9140). Detach the top portion of this Notice and submit eith your payment to the Register of Nills printed on the reverse side. -- Hake check or money order payable to: REGXSTER OF NILLS, AGENT. REFUND (CR): A refund of e tax credit amy be requested by completing an "Application for Refund af Pennsylvania Inheritance and Estate Tax" (REV-1315). Applications ara available at the Office of the Register of Nills, any of the Z5 Revenue District Offices or from the Department's Z4-hour ansaering service for forms ordering: I-BOO-56Z-ZOSO; services for taxpayers eith special hearing and / or speaking needs: 1-800-447-30Z0 (TT only). OBJECTIONS: Any party in interest not satisfied with the assessment of tax as sheen on this notice may object aithin sixty (60) days of receipt of this Notice by: --aritten protest to the PA Department of Revenue, Board of Appeals, Dept. Z81OZl, Harrisburg, PA 17128-1021, --electing to have the matter determined at audit of the personal representative, OR --appeal to the Orphans' Court. ADHIN- ISTRATIVE CORRECTIONS: Factual errors discovered on this assessment should be addressed in ariting to: PA Department of Revenue, Bureau of Individual Taxes, ATTN: Post Assessment Review Unit, Dept. 280601, Harrisburg, PA 171Z8-0601, Phone (717) 787-6505. Sea page 5 of the booklet "Instructions for Inheritance Tax Return for a Resident Decedent" (REV-IS01) for an explanation of administratively correctable errors. OR PENALTY: INTEREST: The 15Z tax amnesty non-participation penalty is computed on the total of the tax and interest assessed, and not paid before January lB, 1996, the first day after the end of the tax amnesty period. This non-participation penalty is appealable in the same manner and in the the same time period as you mould appeal the tax and interest that has been assessed as indicated on this notice. For dates of death on or after 10-3-91, Pennsylvania Estate Tax based on the Federal Estate Tax return becomes delinquent at the expiration of nine (09) months from the date of death. For dates of death prior to 10-5-91, Pennsylvania Estate Tax based on the Federal Estate Tax return becomes delinquent at the expiration of eighteen (18) months from the date of death. Taxes which became delinquent before January 1~ 1982 bear interest at the rate of six (6Z) percent per annum calculated at a daily rata of .000164. All taxes which became delinquent on or after January 1, 1982 will bear interest at a rate ahich will vary free calendar year to calendar year with that rate announced by the PA Department of Revenue. The applicable interest rates for 1982 through 2004 are: Interest Daily Interest Daily Yea~ Rate · Factor Yea.._.r Rate Factor Yea.___r 1982 ZOX .000548 1988-1991 llZ .000301 ZOO1 1985 16X .000438 1992 9Z .000247 ZOOZ 1984 llZ .O0030X 1993-1994 7Z .OOO19Z ZOO3 1985 152 .000356 1995-1998 9X .000247 2004 1986 lOX .000Z74 1999 72 .O00lgZ 1986 lOX .000Z74 ZOO0 8Z .000219 --Xntarest is calculated as follows: Interest Daily Rate Factor 92 .000247 62 .000164 52 .000137 42 .000110 INTEREST = BALANCE OF TAX UNPAID X NUHBER OF DAYS DELINI~UENT X DAILY INTEREST FACTOR --Any Notice issued after the tax becomes delinquent will reflect an interest calculation to fifteen (15) days beyond the date of the assessment. If payment is made after the interest computation date shown on the Notlce~ additional interest must be calculated. BUREAU OF ZNDIVTDUAL TAXES INHERITANCE TAX DIVISION DEPT. 280601 HARRISBURG, PA 171Z6-0601 MARCUS A MCKNIGHT ESQ IRWIN B HCKNISHT 60 W POMFRET ST CARLISLE PA 17013 COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE NOTICE OF DETERMINATION AND ASSESSMENT OF PENNSYLVANIA ESTATE TAX BASED ON FEDERAL CLOSING LETTER DATE ESTATE OF DATE OF DEATH FILE NUMBER COUNTY ACN 07-13-2004 REEDER 03-09-2003 Z1 03-0245 CUMBERLAND 202 Aeoun'l: Remi t:~ced REV-T5~ EX AFP C01-DZ} FRANK A MAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 NOTE: To insure proper credi~ ~o your account, submit: ~he upper portion of ~his fore wi~h your ~cex payment. CUT ALONG THIS LINE ~ RETAIN LOWER PORTION FOR YOUR FILES REV-736 EX AFP (01-02) x~ NOTICE OF DETERMINATION AND ASSESSMENT OF PENNSYLVANIA ESTATE TAX BASED ON FEDERAL CLOSING LETTER ~ ESTATE OF REEDER FRANK A FILE NO.Z1 03-0245 ACN 202 DATE ESTATE TAX DETERHZNATZON 1. Credit For State Death Taxes as Verified .00 Pennsy/van/a Inheritance Tax Assessed (Exclud/ng D/scount and/or Interest) 30,758.65 .00 Inheritance Tax Assessed by Other States or Territor/es of the Un/ted States (Exclud/ng Discount and/or Interest) 4. Total Inheritance Tax Assessed 5. Pennsylvan/a Estate Tax Due 301758.65 .00 6. Amount of Pennsylvan/a Estate Tax Prev/ously Assessed Based on Federal Estate Tax Return 7. Addit/ona! Pennsylvan/a Estate Tax Due TAX CREDITS: PAYMENT RECEIPT : DISCOUNT (+) DATE NUMBER INTEREST/PEN PAID (-) AMOUNT TOTAL TAX CREDIT BALANCE OF TAX DUE INTEREST AND PEN. TOTAL DUE ~ZF PAID AFTER THIS DATE, SEE REVERSE SIDE (IF TOTAL DUE ZS LESS FOR CALCULATION OF ADDITIONAL INTEREST. .O0 .00 .00 .00 .00 THAN $1, NO PAYNENT ZS REQUIRED TF TOTAL DUE ZS REFLECTED AS A 'CREDIT' (CR}, YOU HAY BE DUE A REFUND. SEE REVERSE STDE OF THIS FORH FOR 1NSTRUCTIONS.) PURPOSE OF NOTICE: PAYMENT: TO fulfill the requirements of Section ZlqO of the Inheritance and Estate Tax Act, Act 15 of ZOO0. (71 P.S. Section 91q0). Detach the top portion of this Notice and submit with your payment to the Register of Mills printed on the reverse side. -- Make check or money order payable to: REGISTER OF HILLS, AGENT. REFUND (CR): A refund of a tax credit may be requested by completing an "Application for Refund of Pennsylvania Inheritance and Estate Tax" (REV-IS15). Applications are available at the Office of the Register of Hills, any of the Z$ Revenue District Offices or from the Department's Z4-hour answering service for forms ordering: 1-BO0-56Z-Z050; services for taxpayers with special hearing and/or speaking needs: 1-800-447-3010 (TT only). OBJECTIONS: Any party in interest not satisfied with the assessment of tax as shown on this notice may object within sixty (60) days of receipt of this Notice by: --written protest to the PA Department of Revenue, Board of Appeals, Dept. 261021, Harrisburg, PA 17118-1011, --electing to have the matter determined at audit of the personal representative, OR --appeal to the Orphans' Court ADMIN- ISTRATIVE CORRECTIONS: PENALTY: INTEREST: OR Factual errors discovered on this assessment should bo addressed in writing to: PA Department of Revenue, Bureau of Zndivtdual Taxes~ ATTN: Post Assessment Review Unit, Dept. 180601, Harrisburg, PA 171ZB-0601, Phone (717) 787-650S. See page 5 of the booklet "Instructions for Inheritance Tax Return for a Resident Decedent" (REV-1501) for an explanation of administratively correctable errors. The 151 tax amnesty non-participation penalty is computed on the toter of the tax and interest assessed, and not paid before January 18, 1996, the first day after the end of the tax amnesty period. This non-participation penalty is appealable in the same manner and in the the same time period as you would appeal the tax and interest that has been assessed as indicated on this notice. Additional Pennsylvania Estate Tax assessed as e result of a change on the Federal Estate Tax closing letter becomes delinquent at the expiration of one (1) month from the date the final notice of the increase in Federal Estate Tax is received. Taxes which became delinquent before January 1, 1981 bear interest at the rate of six (6Z) percent per annum calculated at a daily rate of .000164. All taxes which became delinquent on or after January 1, 19BZ will bear interest at a rate which will vary from calendar year to calendar year with that rate announced by the PA The applicable interest rates for 19BZ through Z004 are: Department of Revenue. Interest Daily Interest Daily Interest Year Rate Factor Yaa.~_r Rate Factor Year Rate 1981 ZOX ,000548 1988-1991 llZ .000301 2001 9Z 1983 16Z .00043B 1992 91 .000247 ZOOZ 6Z 1984 112 .000301 1993-1994 72 .000191 Z003 52 1985 132 .000356 1995-1998 92 .000247 Z004 42 1986 lOX .000274 1999 7Z .000192 1987 92 .000247 ZOO0 82 .000219 calculated as follows: --Interest is Daily Factor .000247 .OOOX64 .000137 .000110 INTEREST = BALANCE OF TAX UNPAID X NUHBER OF DAYS DELINQUENT X DAILY INTEREST FACTOR --Any Notice issued after the tax becomes delinquent will reflect an interest calculation to fifteen (15) days beyond the date of the assessment. If payment is made after the interest computation date shown on the Notice, additional interest must be calculated.