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HomeMy WebLinkAbout04-0407 PETITION FOR PROBATE and GRANT OF LETTER~ Estate of Jewell Temple Dennison No. ,~- Also known as To: Register of Wills for the County of , deceased Cumberland County in the Social Security No. 574-07-8194 Commonwealth of Pennsylvania The petition of the undersigned respectfully represents that: Your petitioner, who is 18 years of age or older and the executor named in the last Will of the above decedent, dated December 31,2001 and codicil(s) dated N/A. Decedent was domiciled at death in Cumberland County, Pennsylvania, with her last family or principal residence at 5 Garland Court, Carlisle, Cumberland County, PA 17013. Decedent, then 84 years of age, died April 5, 2004, at Carlisle Hospital. 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 $375,000.00 (If not domiciled in PA) Personal property in Pennsylvania $ (If not domiciled in PA) Personal property in County $ Value of real estate in Pennsylvania $ Situate as follows: WHEREFORE, petitioner(s) respectfully request(s) the probate of the last will and codicil(s) presented herewith and the grant of letters testamentaw_ thereon. ¢4~).A~ ~~ (testamentary; administration c.t.a; administration d.b.n.c.t.a)x Richard Francis Dennison OATH OF PERSONAL REPRESENTATIVE r,~ COMMONWEALTH OF PENNSYLVANIA · · SS 05 COUNTY OF CUMBERLAND · The petitioner(s) above-named swear(s) or affirm(s) that the statements in the foregoing petition are tree and correct to the best of the knowledge and belief of petitioner(s) and that as personal representative(s) of the above decedent petitioner(s) will well and truly administer the estate according to law. Sworn to or .afl~ntr~ed and subscribed Before me thiS~-~a.y of ~ Richarci Francis Dennison 2004· Register Estate of Jewell Temple Dennison, Deceased DEGREE OF PROBATE AND GRANT OF LETTERS A ~ ' ND NOW, C~t ~)~.,~L c~-~ ,2004, in consideration of the petition on the reverse side hereof, satisfactory pro~>f~having been presented before me, IT IS DECREED that the instrument(s) dated December 31, 2001 described therein be admitted to probate and filed of record as the last will of Jewell Temple Dennison and Letters Testamentary are hereby granted to Richard Francis Dennison. 7R-~ister'ofWills ~-~r~ U5d- ~..~o< ~ FEES Probate, Letters, Etc ............. $ ~0~. O,D Taylor P. Andrews, Esq. 15641 Short Certificates i~o) ............ $ ,~o. ~ 78 West Pomfret Street ~n.~rd~:~...~...$ ~2_1. OO Carlisle, PA 17013 ~ 1:> $~o. oc.~ 717-243-0123 TOTAL__ $_~ Filed .... '.~.. ;...~-...'71...-:..ON.. ..................... This is to certify that the information here given is correctly copied from an original certificate of death duly filed with me as Local Registrar. The original certificate will be forwarded to the State .Vital Records Office for permanent filing. WARNING: It is illegal to duplicate this copy by photostat or photograph. P i!~ 0 2 3: ~ (i~ i'~ APR 0 7 2004 Date COMMONWEAL}N OF PENNSYLVANIA * O[PI~I]E~I O~ 8E~[I~ · VITIL RECORDS / CERTIFICATE OF DEAIH - ~ ,. Jewell Temple Dennison '.Female .."A 574 -- 07 -- 8194 P'I Amril .5- ~ Cumberland ~ Carlisle ~. Carlisle Hospital. ~,~ White ,,. Teacher ,,~ Education ],~ l,a. ~,a 12 ~ o.,.~.~5+I ~~ I1.. Married 1,~ Richard F. Dennlson 5 Garland Court ~ ,i. Horace Jewell Temple ,a. Clement~n~ ~ Richard F. Dennison ~ 5 Garland Court~ Carlisle, PA 1701~ ~ ~ ~ ~ ~a~.~ I~.m~} ~ Cremation Society I a,. . ,~ .~ ~ ~ ~,,~. Apr 1 8, 2004 ,,.pf Pennsylvania Crematory I,,~ Harrisburg. PA 17100 ~~~m'~~ '- ~"~a~ Cremation Society of PA d LAST WILL AND TESTAMENT OF JEWELL TEMPLE DENNISON I, JEWELL TEMPLE DENNISON, of Borough of Carlisle, Cumberland County, Pennsylvania, declare this to be my Last Will and Testament and revol~ ~_ny and all wills and codicils heretofore made by me. ITEM h My personal representative shall pay from the residue~Lfmy estate the expenses of my last illness, funeral and burial debts duly allowed against my estat~and all estate taxes occasioned by my death and incurred with respect to all property taXable at Re time of my death whether or not passing by this Will. ITEM II: I bequeath those articles of my automobiles, personal effects, household goods, and other tangible personalty of like nature not specifically bequeathed hereafter (not including cash or securities), together with any existing insurance thereon, if any, as may be my individual property and not the property of my Husband or owned jointly by me with him, as set forth in a separate memorandum which I shall place with my Will to the persons therein designated. If I shall leave no separate memorandum, or with regard to my automobiles, personal effects, household goods, and other tangible personalty of like nature not specifically bequeathed hereafter (not including cash or securities) not referenced by such memorandum, I bequeath such property to my beloved Husband, RICHARD FRANCIS DENNISON, if he survives me by thirty (30) days. Should my Husband, RICHARD FRANCIS DENNISON, not be living on the thirty-first day after my death, I bequeath such tangible personalty and insurance thereon to my Son, JOSEPH TEMPLE DENNISON. ITEM III: If my Husband survives me, I give to my TRUSTEE, hereinafter ~,~ can pass estate tax by reason of the Unified Credit, any named, the largest amount that free of federal other estate tax credits allowed by the Internal Revenue Code, and any charitable deduction due my estate from this gift; provided, however, that (1) the sum disposed of by this item shall be reduced by . ,,. the value of property which passes outside the terms of this will or which passes under other items of this will and which does not qualify for the estate tax charitable or marital deductions; and (2) the sum disposed of by this item shall be reduced by charges against the principal of my estate which do ~x not qualify as federal estate tax deductions. In making the computations necessary to determine the ,,~, amount of this pecuniary bequest, valuations and credit amounts as finally determined for federal : estate tax purposes shall control. I direct my TRUSTEE to hold, administer and distribute the Trust [to be known as the Dennison Family Trust] as follows: A. The trust property shall be held in trust for the benefit of my son, JOSEPH TEMPLE DENNISON for the fbllowing uses and purposes: 1. The net income from the trust property shall be paid to my son, JOSEPH TEMPLE DENNISON, during his lifetime in regular payments which shall be paid at least quarter annually; 2. Upon request of JOSEPH TEMPLE DENNISON, TRUSTEE may invade the principal for the actual education expenses (including [but not limited to] college education, both graduate and undergraduate) of any child or all children of JOSEPH TEMPLE DENNISON, and distributions to or for the benefit of such children do not need to be equal; 2 B. After the death of my son, JOSEPH TEMPLE DENNISON, or at such time that my son shall elect to terminate his life interest by a written declaration, the property shall continue to be held in trust for the children of my son, JOSEPH TEMPLE DENNISON with the principal divided into as many separate shares as I have grandchildren then living and grandchildren then deceased leaving issue then living, and each share shall be held IN SEPARATE TRUST for the benefit of one grandchild or the issue of a deceased grandchild leaving issue then living in accordance with the instructions hereafter set forth in ITEM V. A. ITEM IV: I devise and bequeath the residue of my estate, of every nature and wherever situate, to my beloved Husband, RICHARD FRANCIS DENNISON. ITEM V: Should my Husband, RICHARD FRANCIS DENNISON, predecease me I devise and bequeath my estate as follows: A. I give and bequeath Two Hundred Forty Thousand Dollars ($240,000.00) dollars to the TRUSTEE, hereinafter named, to be divided into as many separate shares as I have grandchildren then living and grandchildren then deceased leaving issue then living, and each share shall be held IN SEPARATE TRUST for the benefit of one grandchild or the issue of  a grandchild leaving issue then living/hr the following uses and purposes: deceased 1. TRUSTEE shall accumulate the income, but as much of the income, accumulated income, and principal of each separate trust as the TRUSTEE may from time to time think advisable for the education (including [but not limited to] college education, both graduate and undergraduate) of each beneficiary shall be paid to him or her or else applied directly tbr his or her benefit by the TRUSTEE. 2. TRUSTEE shall distribute the entire then-remaining principal and any accumulated or undistributed income to each beneficiary when he or she attains the age of twenty-five (25) years. 3. Should any beneficiary otherwise entitled to a share of any such separate trust die before attaining the age for final distribution, the trust for that beneficiary shall terminate at his or her death and TRUSTEE shall distribute the share of such deceased beneficiary to his or her then-living issue, per stirpes, if any, and in default of any such issue, the share of such deceased beneficiary shall be added to the shares for each of the other beneficiaries under this paragraph of my Will, the share for any beneficiary whose original share is then being held in trust to be added to that trust. B. I devise my home at 5 Garland Court, Carlisle, PA to my son, JOSEPH TEMPLE DENNISON. C. I devise and bequeath the residue of my estate to my TRUSTEE, hereinafter named, to be administered for the benefit of my son, JOSEPH TEMPLE DENNISON, in accordance with the instructions set forth for the Dennison Family Trust at ITEM III above. The Trust created by this provision of my will [ITEM V.~.lrnhy be administered together with the Trust created by ITEM III of this will as one Trust. Furthermore, the Dennison Family Trust created by this will may be administered together as one Trust with a Dennison Family Trust created by my Husband's will if the instructions for the Trustee that then apply are identical. 4 ITEM VI: If neither my Husband, my Son, nor any child, descendent or issue of my Son shall survive me, then I give, devise and bequeath my estate to my nephew, William Howard Barkell. ITEM VI: If my Husband and I should die under circumstances that make it impossible to determine the sequence of our respective deaths, I direct that it shall be presumed that my Husband shall have survived me. ITEM VII: No interest of any beneficiary under this Will, any codicil hereto, or any Trust created herein, shall be subject to anticipation or voluntary or involuntary alienation. ITEM VIII: My Executor and Trustee, and their successors, 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 income or principal, including property held for minors, exercisable without court approval, and effective until actual distribution of all property: A. To borrow money from any person or institution, including my Executor or Trustee, and to mortgage or pledge any or all real or personal property as my Executor or Trustee in its sole discretion shall choose. B. To compromise any claim or controversy, including but not limited to tax issues and disputes, without order of court or consent of any party in interest and without regard for the effect of such compromise on any interest hereunder. C. To invest in all forms of property (including stock, common trust funds and mortgage investment funds, whether maintained by my corporate fiduciary or others) without restriction to investments authorized for Pennsylvania fiduciaries, as they deem proper, without regard to any principal of diversification or risk. D. To retain any or all of the assets of my estate, real or personal, without regard to any principal of diversification or risk. E. 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. t F. To mortgage, divide, alter, repair and improve real property and generally to exercise all rights of real estate ownership. G. To distribute in cash, in kind, or partly in each, and to cause any share to be · ~ composed of cash, property, or undivided fractional shares in property different in kind from any other share.  H. To employ accountants, agents, investment counsel, brokers, bank or trust company to perform services tbr and at the expense of my estate or any trust or trusts hereunder for which such services are performed and to carry or register investments in the name of the nominee of such agent, broker, bank or trust company. The expenses and  charges for such services shall be charged against the principal or income or partly against , each as my Executor and Trustee may determine. My Executor and Trustee are expressly  relieved of any liability or responsibility whatsoever for any act or failure to act by, or for following the advice of, such accountants, agents, investment counsel, brokers, bank or trust company, so long as my Executor and Trustee exercise due care in their selection. The fact that an Executor or Trustee may be a member, shareholder or employee of any accounting, investment or brokerage firm, agent, or bank or trust company so employed shall not be deemed a conflict of interest. Any compensation paid pursuant to this subparagraph shall not affect in any manner the amount of or the right of my Executor or Trustee to receive commissions as a fiduciary. ITEM IX: I appoint my Husband, RICHARD FRANCIS DENNISON, Executor of this my Last Will and Testament. Should my Husband fail to qualify or cease to act as Executor, I appoint my Son, JOSEPH TEMPLE DENNISON of Dickinson Township, Pennsylvania, as Executor of my estate. If my Husband and my Son fail to qualify or cease to act as personal representative, I appoint M&T Bank of Carlisle, Pennsylvania, as Executor of my estate. I direct that my personal representative shall retain Taylor P. Andrews, Esq. as legal counsel for the administration of my estate. ITEM X: I appoint M&T Bank, Carlisle, Pennsylvania, as TRUSTEE of each and every Trust created by this Will. I direct that the income beneficiary of any trust created by this will shall have the power to replace a corporate Trustee with a replacement corporate Trustee by providing written notice to the replaced corporate Trustee with a written consent of the replacement corporate Trustee. IN WITNESS WHEREOF, I, JEWELL TEMPLE DENNISON, have hereunto set my hand and seal to this my Last Will and Testament, consisting of nine (9) printed pages, each of which bears my signature, this 31 day of December, 2001. b/r '" Jewell Temple l~"eennison, Testatri~ AL) Signed, sealed, published and declared by the above-named Testatrix, JEWELL TEMPLE DENNISON, as and for her Last Will and Testament, in the presence of us, who, at her request, in her sight and presence, and in the sight and presence of each other, have hereunto subscribed our J Taylor P. Andrews 7 COMMONWEALTH OF PENNSYLVANIA ) :SS. COUNTY OF CUMBERLAND ) WE, JEWELL TEMPLE DENNISON, TAYLOR P. ANDREWS, and Cr,,ka.r), ~ra. ttt-t ax~,t[$~,, the Testatrix and witnesses, respectively, whose names are signed to the foregoing or attached instrument, being first duly sworn, do hereby declare to the undersigned authority that the Testatrix signed and executed the instrument as and for her Last Will and Testament and that she signed willingly and that she executed as her free and voluntary act for the purposes therein expressed, and that each of the witnesses, in the presence and hearing of the Testatrix, signed the Will as witnesses and that to the best of their knowledge the Testatrix was at the time eighteen (18) or more years of age, of sound mind and under no constraint or undue influence. Ta~¢. A~'~rews, Witness , Witness Subscribed, sworn to and acknowledged before me by JEWELL TEMPLE DENNISON, the O7statrix,and subscribed to and sworn or affirmed to befbre me by TAYLOR P. ANDREWS and '~w_a' ,~ ,L~ [.~ witnesses, , this ~1 st day of December, 2001. _ ~~ (SEAL) NOTARIAL SEAL SHELLY SEXTON, NOTARY PUBLIC CARLISLE BORO, CUMBERLAND COUNTY MY COMMISSION EXPIRES APRIL 26, 2003 Member, Pennsylvania Association of Notaries 8 CERTIFICATION OF NOTICE UNDER RULES 5.6(a) Name of Decedent: Jewell Temple Dennison Date of Death: April 5, 2004 Will No: 21-04-0407 To the Register: 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 May 5, 2004: Richard Francis Dennison 5 Garland Court Carlisle, PA 17013 M & T Bank, Trustee C/P Jane F. Burke, Vice President M & T Investment Group PO Box 220 1 West High Street Carlisle, PA 17013 _'-5.-: Joseph Temple Dennison 42 Sandy Bottom Rd. Carlisle, PA 17013 Notice has now been given to all persons ~ ~cept: No exceptions. Date: May 5, 2004 J /) Taylor P. Andrews, Esquire  // 78 West Pomfret Street Carlisle, PA 17013 Phone: 717-243-0123 Capacity: Counsel for personal representatives COMMONWEALTH OF PENNSYLVANIA REV-1162 EX(11-96) DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES DEPT. 280601 HARRISBURG, PA 17128-0601 PENNSYLVANIA RECEIVED FROM: INHERITANCE AND ESTATE TAX OFFICIAL RECEIPT NO. CD 004111 ANDREWS TAYLOR P 78 W. POMFRET STREET CARLISLE, PA 17013 ACN ASSESSMENT AMOUNT CONTROL NUMBER ........ fold .................. 101 $16,000.00 ESTATE INFORMATION: SSN: 574-07-8194 FILE NUMBER: 2104-0407 DECEDENT NAME: DENNISON JEWELL TEMPLE DATE OF PAYMENT: 07/02/2004 POSTMARK DATE: 07/02/2004 COUNTY: CUMBERLAND DATE OF DEATH: 04/05/2004 TOTAL AMOUNT PAID' 916,000.00 REMARKS: CHECK# 1003 INITIALS: JA SEAL RECEIVED BY: GLENDA FARNER STRASBAUGH REGISTER OF WILLS REGISTER OF WILLS PENNSYLVANIA RECEIVED FROM: INHERITANCE AND ESTATE TAX OFFICIAL RECEIPT NO. CD 004 ;89 DENNISON RICHARD FRANCIS 5 GARLAND COURT CARLISLE, PA 17013 ACN ASSESSMENT AMOUN CONTROL NUMBER 101 $518.8 ESTATE INFORMATION: SSN: 574-07-8194 FILE NUMBER: 2104-0407 DECEDENT NAME: DENNISON JEWELL TEMPLE DATE OF PAYMENT: 11/05/2004 POSTMARK DATE: 11/05/2004 COUNTY: CUMBERLAND DATE OF DEATH: 04/05/2004 TOTAL AMOUNT PAID: $518.63 REMARKS: R F DENNISON CHECK# 1006 INITIALS: VZ SEAL RECEIVED BY: GLENDA FARNER STRASBALGH REGISTER OF WILLS REGISTER OF WILLS OFFICIAL USE ONLY )NWEALTH OF PENNSYLVANIA REV-1500 FILE NUMBER RTMENT OF REVENUE DEPT 280601 HARRISBURG, PA 17128-0601 INHERITANCE TAX RETURN RESIDENT DECEDENT 21 -04 -0407 COUNTY CODE YEAR NUMBER DECEDENT'S NAME (LAST, FIRST, AND MIDDLE INITIAL) SOCIAL SECURITY NUMBER z Dennison, Jewell Temple 574-07-8194 LU ~1 DATE OF DEATH (MM-DD*YY) DATE OF BIRTH (MM-DD-YY) THIS MUST BE FILED IN DUPLICA' E "' 04-05-2004 04-03- 920 WITH THE REGISTER OF WILLS LU IF APPLICABLE) SURVIVING SPOUSE'S NAME SOCIAL SECURITY NUMBER Dennison, Richard Francis 517-03-1537 [.u< X~ 1. Original Return [] 2 Supplemental Return [] 3. Remainder Return ~ 4. Limited Estate [] 4a. Future interest Compromise [] 5. Fed Est Tax Return Req'd O ~ ~ XI 6. Decedent Died Testate [] 7. Decedent had Living Trust 0__ 8. Total number of SDB's ~: ~ 9. Lit'g'tion Proceeds Rec'd [--] 10. Spousal Poverty Credit ~] 11. Election to tax w/Sec 9113(A) uJ NAME: COMPLETE MAILING ADDRESS: z Taylor P Andrews, Esquire O a_ FIRM NAME: Taylor P. Andrewws, Esq. LIJ ~ Andrews & Johnson Andrews & Johnson O TELEPHONE NUMBER 78 W. Pomfret St. o 717 243-0123 Carlisle, PA 17013 1. Real Estate (Schedule A) (1) $0.00 OFFICIAL USE ONL'~ 2 Stocks and Bonds (Schedule B) (2) $307,504.7 l 3 Closely Held Corporation, Padnership or Sole-Prop (3) $0.00 4 Modgages & Notes Receivable (Schedule D) (4) $0.00 Z 5 Cash, Bank Deposits & Misc Personal Prop (Sch E) (5) $91,772.78 O ~- 6 Jointly Owned Property (Schedule F) (6) $95,030.62 "~ ~ Separate Billing Requested '-~ 7 Inter-Vivos Transfers & Misc Non-Propate Prop. (7) $0.00 O. 8. Total Gross Assets (tota~ lines 1-7) (8) $494,308.10 (.~ 9. Funeral Expenses & Administration Costs (Sch H) (9) $14,605.01 Ltl 10 Debts of Decedent, Mortgage liabilities, & Liens (10) $0.00 r~ 11 Total Deductions (total lines 9&10) (11) $14,605.0 l 12 Net Value of Estate (Line 8 minus Line 11) (12) $479,703.09 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made (13) 14. Net Value Subject to Tax (Line 12 minus Line 13) (14) $479,703.09 SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES Z O 15. Amnt of Line 14 taxable at the spousal rate, < or transfers under Sec9116(a)(1 2) $93,905.02 x 0__ (15) $0.( 0 ~ 16. Amount of Line 14 taxable at lineal rate $385,798.07 x045 (16) $17,360.( ~ 17 Amount of Line 14 taxable at sibling rate $0 x 12 (17) $0.( 0 O rD 18 Amount of Line 14 taxable at collateral rate $0 x.15 (18) $0.( 0 ¢ 19 Tax Due (19) $17,360.( 20 I-~ CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT Decedent's Complete Address: ISTREET ADDRESS 5 Garland Court CITY STATE ZIP Carlisle PA 17013 Tax Payments and Credits: 1 Tax Due (1) $17,360.9 l 2 Credits/Payments A. Spousal Poverty Credit B Prior Payments $16,000.00 C. Discounts $842.08 Total Credits (A+$+C) (2) $16,842.08 3. Interest/Penatty if applicable D. Interest E. Penalty Total Interest/Pentaity (D+E) (3) $0.00 4 IfLine2isgreaterthanLinel+Line3. enterthedifference This is the OVERPAYMENT (4) Check box on Page 1 Line 20 to request a refund 5. If Line 1 + Line 3 is greater than Line 2~ enter the difference This is the TAX DUE (5) $518.83 A Enter the interest on the tax due. (SA) B Enter the total of Line 5 + 5A. This is the BALANCE DUE. (5B) $5 ] 8.83 Make Check Payable to: REGISTER OF WILLS, AGENT PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS I Did decedent make a transfer and: yes no a retain the use or income of the property transferred ~ retain the nght to designate who shall use the property transerred or its income ~ b c. retain a reversionary interest: or ~ d. retain the promise for life of either payments or care? I I 2. If death occurred after December 12.1982, did decedent transfer properly within one year of death without receiving adequate consideration? ~ 3 Did decedent own an "in trust for" or payable upon death bank account or secudty at his or her death? ~ 4 Did decedent own an Individual Retirement Account. annuity, or other non-probate property which contains a beneficiary disignation? ~ IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETUR~. Under penalties of pe~ju~/. 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 ~ id cOmplete Declaration~of preparer other than the personal representative is based on all information of which preparer has any knowledge SIGNAI~UF~E OF P~ERSO~RES~RONSa3LE FOR FILING RETURN 5 Garl~ad"~C-~rlisl, g~ 17~'/'J2 SIG NATU RE OF~_.~/~ DATE ADDRESS 78 ~omfret St.'~, Carlisle, PA 17013 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% [72P S Sec 91 6(a)(1 1 )(I)] For dates of death on or after January 1. 1995 the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0% [72 P S Sec gl 16(a)(1 1 )(ii)] The statute does not exempt a transfer to a surviving spouse from ~ax and the statutory requirements for disclosure of assets and filing a tax return are still applicable even if the surviv lg spouse is the only beneficiary For dates of death on or after July 1 2000 The tax rate ~mposed on the net value of transfers from a deseaeed third twenty-one years of age or younger at death to or for the use of a natural parenl, an adoptive parent or a stepparent of the child is 0% [72 PS Sec 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 Sec 9116(1 2) [72 P S Sec 9116(a)(1 ) The tax rate imposed on the net value of transfers to or for the uae of the decedent's siblings is 12% [72 P S Sec 9116(a}(1 3}] A sibling is defined, under Section 9102. as an ~ndNidual who has at least one parent in common with the decedent, whether by blood or adoption SCHEDULE B STOCKS AND BONDS ESTATE OF FILE NUMBER Dennison, Jewell Temple 21-04-0407 All properly jointly-owned with Right of Survivorship must be disclosed on Schedule F ITEM DESCRIPTION VALUE AT DATE NUMBER OF DEATH Thee/bi/owing investments were held by M& T Bank as Trustee under an intervivos revocable trust that was payable to the Estate of . Iewell Temple Dennison at her death: 1 5,543.8890 shrs of Intermediate Term Bond - Inst I Fund ~ $10.2000 $56,547.67 ARIFX 2 ######### MTB Short duration Gov't Bond Inst I-fund ~ $9.7100 $115,244.95 GVLDX 3 5,488.8530 PIMCO total return Fd-lnstl #35 @ $10.8100 $59,334.50 PTTRX 4 3,584.3310 MTB Large Cap Value - Inst I Fund #327 @ $10.9200 $39,140.89 MLCVX 5 353.4570 Vanguard Inst. Index Fd Fd #94 @ $105.3500 $37,236.69 V1NIX TOTAL (also on line 2, Recapitulation) $307,504.71 SCHEDULE E CASH, BANK DEPOSITS AND MISCELLANIOUS PERSONAL PROPERTY ESTATE OF FILE NUMBER Dennison, Jewell Temple 21-04-0407 Include the proceeds of litigation and the date the proceeds were received by the estate All property jointly-owned with Right of Survivorship must be disclosed on Schedule F ITEM DESCRIPTION VALUE AT DATE NUMBER OF DEATH Held by M& T Bank as Trustee [see schedule BI I Prime Money Market Inst-Fund [principal account] $6,254.99 2 Prime Money Market Inst-Fund [income account] $9,549.75 3 Cash at M&T Bank, Trustee $75.27 Other accounts: 4 MBNA America Bank, N.A. account 57-419185-4 $73,778.98 accrued interest $71.58 5 CNA unearned insurance premium refunded $2,042.21 6 7 TOTAL (also on line 5, Recapitulation) $91,772.78 MBNA AMERICA BANK, N.A. ; P. O. BOX )5103 ACCOUNT ~ JMBER WILMINGTON, DE 19850-5103 57-41916 i-4 .~ 1- (800) -353-1734 ~ JEWELL T DENNISON ~.. 5 GARLAND CT -~ CARLISLE PA 17Ol3 ~ FOR CHANGE OF ADDRESS, PLEASE USE THE REVERSE SIDE OF THIS FORM. ~MOAA GOLDSAVERS MONEY MARKET ACCOUNT PAGE 1 STATEMENT PERIOD FROM 3/18/O4 THROUGH 4/08/04 ACCOUNT NUMBER NUMBER OF DAYS 21 ~7-419185-4 ACCOUNT SUMMARY INFORMATION ACCOUNT SUMMARY: INTEREST SUMMARY: BEGINNING BALANCE 73,778.98 ANNUAL PERCENTAGE YIELD EARNED 1.70% TOTAL DEPOSITS/CREDITS 71.58 INTEREST EARNED THIS PERIOD 7J.51 TOTAL WITHDRAWALS/DEBITS 73,850.56- AVERAGE BALANCE FOR YIELD CALC 73,7~.9~ ENDING BALANCE O.OO CALENDAR YTD INTEREST PAID 3B1.14 AVERAGE BALANCE 73,778.98 CALENDAR YTD INTEREST WITHHELD O.OO NUMBER OF DEPOSITS/CREDITS 1 NUMBER OF WITHDRAWALS/DEBITS 1 TRANSACTION HISTORY INFORMATION POST EFF TRANSACTION DATE DATE DESCRIPTION TRANSACTION BALANCE AMOUNT 3/18 BEGINNING BALANCE 4/08 4/08 INTEREST PAYMENT 73,~78.98 4/08 4/08 CHECK W/D - CLOSE W/ INTEREST _71.58 73,850.56 4/08 ENDING BALANCE 73,~50.56- O.OO O.OO INTEREST RATE HISTORY IMPORTANT NEWS INTEREST DATE RATE ~/18/O4 1.6g~ LOOKING FOR A HIGH-YIELD CD? /08/04 O.26~ LOCK IN THE 30-MONTH MOAA-SPONSORED CD AT ***** 3.O2~ ANNUAL PERCENTAGE YIELD (APY) m***e OFFERED 4/19/O4-4/25/o4 THE REQUIRED MINIMUM OPENING BALANCE S $2,5OO. A PENALTY MAY BE MPOSED FOR EARLY WITHDRAWAL OF CD PRINCIPAL. WITHDRAWALS AND FEES MAY REDUCE EARNINGS ON THE ACCOUNT. MEMBER FDIC. MOAA-SPONSORED MONEY MARKET ANNUAL PERCENTAGE YIELDS (APYS) OFFERED 4/19/o4.- 4/25/04: ~1,OOO - $49,999 1.60~ APY $50,0O0+ 1.70~ APY MINIMUM OPENING BALANCE IS $1,OOO. FOR BALANCES BELOW $1,OOO, THE APY IS CURRENTLY .26~. FEES MAY REDUCE THE EARNINGS ON THE ACCOUNT. THE APY(S) MAY CHANGE AFTER THE ACCOUNT IS OPENED. MEMBER FDIC. 3442 9OC FDIC INSURED SCHEDULE F JOINTLY-QWNED PROPERTY ESTATE OF FILE NUMBEI Dennison, Jewell Temple 21-04-040 if an asset was made joint within one year of the decedent's death, it must be reported on Schedule G Surviving Joint Tenant (s): NAME ADDRESS RELATIONSHIP T~ DECEDEN A. Richard Francis Dennison 5 Garland Court, Carlisle, PA 17013 Husband B. Joseph T. Dennison 42 Sandy Bottom Rd., Carlisle, PA 17013 Son C Jointly-owr ed properl 1 A 1994 5 Garland CourL Carlisle, PA $171,610.00 $85,805.0( Townhouse purchased in 1994 valued as pertax appraisal mrcel:04-23-0602-005 2 A 18-Feb-94 2hecking account M&T Bank $16,200.04 $8,100.0~ No: 2670004726 3 B 02-Aug-85 Pentagon Federal Credit $2,25 I. 19 $1,12¢ Inion account 718671 TOTAL (also on line 6, Recapitulation) $95,030.6; 499 Mitchell Road, Millsboro. DE 19%6 Mail Code DE-MB-12 Phonc (888) 502 4349 Fax (302) 934-2955 Jul3' 12. 2004 Andrews & Johnson Attorneys At Law 78 West Pomfret Street Carlisle, PA 17013 Re: Eslate o15 dewell Temple Dennison Social Securitw 574-07-8i94 Date of Death: April 05, 2004 Dear Sir or Madam: Per your inquiry dated July 02, 2004, please be advised that at the time of death, the abovemamed decedent had on de osit with this bank the following: 1. Type of Account Checking Account ,4 ccount Number 2670004726 Ownership (Names oj) Rzchard F Dem~ison Jewel[ T Dennison Open#?g Date 02/18/94 Balance on Date of Death $16,200.04 Accrued Interest $ O. O0 2. Type of Account Safe De£os# Box Pox, umber/Locat o ~ 0000327 / Stonehe4ge Owne~:vhip (Names oJ') Richard F Dennison dewell T Dennison Opening Date 11/04/92 Please be advised, there was no safe deposit box found for the above decedent. For further account information, regarc ~g o~w~emhip, closures and/or rein~bursement of funds, please call the Stonehedge Office # 717-2404524. Sincerely, Nancy Clagett Records Management Pentagon Federal Credit Union S..erior Rates. Proven Se, v/ce/ PO Box 247009, Omaha, NE 68124-7009 1-800247-5626 www, PenF[ d. org August 31, 2004 Law Offices of Andrews and Johnson Attn: Taylor P. Andrews 78 W Pomfret Street Carlisle, PA 17013 Re: Jewell T. Dennison File #: 718671 To Whom It May Concern: We are writing in response to the request of Joseph T. Dennison concerning the above reference~ account. Our records indicate that Mrs. Dennison had the following account as of April 5, 2004: · Share Savings Account 718671-01-6 with Joseph T. Dennison listed as the joint owner with rigt of survivorship. The account had a date of death balance of $2,251.19. This has been a joint account with Joseph T. Dennison since August 2, 1985. If you have any questions please do not hesitate to contact us at 1-800-247-5626. Sincerely, Erica A. Rinehart Estate Accounts Specialist Omaha Service Center SCHEDULE H FUNERAL EXPENSES, ADMINISTRATIVE COSTS AND MISCELLANEOUS EXPENSES ESTATE OF FILE NUMBER Dennison, Jewell Temple 21-04-0407 Debts of decedent must be reported on Schedule I. ITEM DESCRIPTION AMOUNT NUMBER Funeral Expenses: I Uremation Society $150.54 2 ~,dministrative Costs: I Personal Representivc Commissions Name of Personal Representative(s) Social Security Number of Personal Representative: Street Address: City: State: Zip: Year(s) commissions paid: 2 Atiomey fees to Andrews & Johnson $10,000.00 3 Family Exemption $3,500.00 Claimant Richard Francis Dennison Street: 5 Garland Court City: Carlisle State & Zip PA, 17013 Relationship of Claimant to Decedent: Husband 4 Probate Fees to Register of Wills $500.00 5 Accountant Fees 6 Tax Return Preparer's Fees to Patricia Rosendale, CPA $250.00 7 Cumberland Law Journal - legal advertisement $75.00 8 The Sentinel - legal advertisement $129.47 9 10 11 12 13 14 15 16 17 18 19 TOTAL (also on line 9, Recapitulation) $ ! 4,605.01 SCHEDULE J BENEFICIARIES ESTATE OF FILE NUMI ~ER Dennison. Je~vell Temple 21-04- )407 ITEM NAM[~ AND ADDRESS OF BENEFICIARY RELATIONSHIP AMOUNT OR S RE NUMBER Do Not List Trustee(s) OF ESTATEI / 1 Richard Francis Dennison Husband All tangible personat 5 Garland Court, Carlisle, PA 17013 property / ! 2 Ioseph Temple Dennison Son income for life fromI !42 Sandy Bottom Rd., Carlisle, PA 17013 testamentary trust / ! 3 Children of Joseph Temple Dennison Grandchildren remainder interest inI 42 Sandy Bottom Rd., Carlisle, PA 17013 testamentary trust. II NON-TAXABLE DISTRIBUTIONS: A SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEfNG MADE B Charitable and Governmental Bequests: None $0 TOTAL CHARITABLE AND GOVERNMENTAL BEQUESTS (also enter on line 13, Recapitulation) $0 LAST WILL AND TESTAMENT OF JEWELL TEMPLE DENNISON I, JEWELL TEMPLE DENNISON, of Borough of Carlisle, Cumberland County, Permsylvania, declare this to be my Last Will and Testament and revoke any and all wills md c. codicils heretofore made by hie. ITEM I: My personal representative shall pay from the residue of my estate Ihe ~ expenses of my last illness, funeral and burial debts duly allo~ved against my estate, and ail es ~te ,-- '~ taxes occasioned by my death and incurred with respect to ail property taxable at the time of nv death whether or not passing by this Will.  ITEM II: I bequeath those articles of my automobiles, personal effec :s, ~ household goods, and other tangible personalty of like nature not specifically bequeathed hereal ~ \.r~.~ er · ~h (not including cash or securities), together with any existing insurance thereon, if any, as may be individual property and not the property of my Husband or owned jointly by me with h/m, as forth in a separate memorandum which I shall place with my Will to the persons therein designate If I shall leave no separate memorandum, or with regard to my automobiles, personal effec household goods, and other tangible personalty of like nature not specifically bequeathed hereaft (not including cash or securities) not referenced by such memorandum, I bequeath such property my beloved Husband, RICHARD FRANCIS DENNISON, if he survives me by thirty (30) da Should my Husband, RICHARD FRANCIS DENNISON, not be living on the thirty-first day afte my death, I bequeath such tangible personalty and insurance thereon to my Son, JOSEPI TEMPLE DENNISON. ITEM III: If my Husbaxd survives me, I give to my TRUSTEE, hereinafle named, the largest amount that can pass free of federal estate tax by reason of the Unified Credit, am other estate tax credits allowed by the Internal Revenue Code, and any charitable deduction due m estate from this gift; provided, however, that (1) the sum disposed of by this item shall be reduced passes outside the terms of this will or which passes reader other items G the value of property which this will and which does not qualify for the estate tax charitable or marital deductions; and (2) th, sum disposed of by this item shall be reduced by charges against the principal of my estate which d( not qualify as federal estate tax deductions. In making the computations necessary to determine ti mnomat of this pecun/ary bequest, valuations and credit an~ounts as finally determined for federal estate tax purposes shall control. I direct my TRUSTEE to hold, administer and distribute the Trust [to be known as the Dennison Family Trust] as follows: A. The trust property shall be held in trust for the benefit of my son, JOSEPH TEMPLE DENNISON for the following uses and purposes: 1. The net income from the trust property shall be paid to my son, JOSEPH TEMPLE DENNISON, during his lifetime in regular payments xvhich shall be paid at least quarter annually; 2. Upon request of JOSEPH TEMPLE DENNISON, TRUSTEE may invade the principal for the actual education expenses (including [but not limited to] college education, both graduate and undergraduate) of any child or ali children of JOSEPH TEMPLE DENNISON, and distributions to or for the benefit of such children do not need to be equal; 2 B. After the death of my son, JOSEPH TEMPLE DENNISON, or at such time that my son shall elect to terminate his life interest by a written declaration, the property shall continue to be held in trust for the children of my son, JOSEPH TEMPLE DENNISON with the principal divided into as many separate shares as I have grandchildren then living and grandchildren then deceased leaving issue then living, mad each share shall be held IN SEPAtL~_TE TRUST for the benefit of one grandchild or the issue of a deceased grandch/ld leaving issue then living in accordance with the instructions hereafter set forth in ITEM V. A. ITEM IV: I devise and bequeath the residue of my estate, of every nature and wherever situate, to my beloved Husband, RICHARD FRANCIS DENNISON. ITEM V: Should my Husband, RICILARD FRANCIS DE1NSN'ISON, predecease me I devise and bequeath my estate as follows: A. I give and bequeath Two Hundred Forty Thousand Dollars ($240,000.00) dollars to the TRUSTEE, hereinafter named, to be divided into as many separate shares as I have grandchildren then living and grandchildren then deceased leaving issue then living, and each share shall be held IN SEPARATE TRUST for the benefit of one grandchild or the issue of deceased leaving issue then living for the following and grandchild a USeS purposes: 1. TRUSTEE shall acanmulate the income, but as much of fine income, accumulated income, and principal of each separate trust as the TRUSTEE may from time to time think advisable for the education (including [but not limited to] college education, both graduate mhd undergraduate) of each beneficiary shall be pal to him or her or else applied directly fbr his or her benefit by the TRUSTEE. 2. TRUSTEE shall distribute the entire then-remaining principal and a accumulated or undistributed income to each beneficiary when he or she attains ti age of twenty-five (25) years. 3, Should any beneficiao- otherwise entitled to a share of any suc~ separate trust die before attaining the age for final distribution, the trust for tha' beneficiary shall terminate at his or her death and TRUSTEE shall distribute thc share of such deceased beneficiary to his or her then-living issue, per stirpes, if any, and in default of any such issue, the share of such deceased beneficiary shall be added to the shares for each of the other beneficiaries under this paragraph of my Will, the share for any beneficiary whose original share is then being held in trust to be added to that trust. B. I devise my home at 5 Garland Court, Carlisle, PA to my son, JOSEPH TEMPLE DENNISON. C. I devise and bequeath the residue of my estate to my TRUSTEE, hereinafter named, to be administered for the benefit of my son, JOSEPH TEMPLE DENNISON, in accordance with the instructions set forth for the Dennison Family Trust at ITEM III above. The Trust created by this provision of my will [ITEM V.~.~a~'~ be administered together with the Trust created by ITEM III of this xvill as one Trust. Furthermore, the Dennison Family Trust created by this xvill may be administered together as one Trust with a Dennison Family Trust created by my Hnsband's wilt if the instructions for the Trustee that then apply are identical. ITEM VI: If neither my Husband, my Son, nor any child, descendent or issne ~ my Son shat1 survive me, then I give, devise and bequeath my estate to my nephew, William Ho~vm Barkell. ITEM VI: If my Husband and I should die under circumstances that make impossible to determine the sequence of our respective deaths, I direct that it shall be presumed t} my Husband shall have survived me. ITEM VII: No interest of any beneficiary, under this Will, any codicil hereto, or any Trust created herein, shall be subject to anticipation or voluntary or involuntary alienation· ITEM VIII: My Executor and Trustee, and their successors, 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 income or principal, including property held for minors. exercisable without court approval, and effective until actual distribution of ali property: A. To borrow money from any person or institution, including my Executor or Trustee, and to mortgage or pledge any or all real or personal property as my Executor or Trustee in its sole discretion shall choose. B. To compromise any claim or controversy, including but not limited to tax issues and disputes, without order of court or consent of any party in interest and without regard for the effect of such compromise on any interest hereunder· C. To invest in all forms of property (including stock, cotmnon trust funds ~nd mortgage investment 5.rods, whether maintained by my corporate fiduciary or others) witl' out restriction to investments authorized for Pe~msylvania fiduciaries, as they deem pro])er, xvithout regard to any principal of diversification or risk. D. To retain any or ail of the assets of my estate, real or personal, without regard[ to any principal of diversification or risk. E. To selI at public or private sale, to exchange, or to lease for any period of tit de, any real or personal property and to give options for sales, exchanges, or leases, for st ch prices and upon such terms or conditions as they deem proper. F. To mortgage, divide, alter, repair and improve real property and generall] to exercise all rights of real estate ownership. G. To distribute in cash, in idnd, or partly in each, and to cause any share to se composed of cash, property, or undivided fractional shares in property different in ldnd ftc m any other share. H. To employ accountants, agents, investment counsel, brokers, bank or tn st company to perform services for and at the expense of my estate or any trust or true ts hereunder for xvhich such services are performed and to carry or register investments in ti te name of the nominee of such agent, broker, bank or trust company. The expenses ar d charges for such services shall be charged against the principal or income or pantly again each as my Executor and Trustee may determine. My Executor amd Trustee are expressl relieved of any liability or responsibility whatsoever for any act or failure to act by, or fi accountants, agents, counsel, brokers, bank or tm following the advice of, such investment company, so long as my Executor and Trustee exercise due care in tlxeir selection. The fact that an Executor or Trustee may be a member, shareholder or employee c any accounting, investment or brokerage firm, agent, or bank or trust company so employe shall not be deemed a conflict of interest. Any compensation paid pursuant to thi subparagraph shall not affect in any mam~er the amount of or the fight of my Executor o Trustee to receive commissions as a fiduciary. ¥ ITEM IX: · I appoint my Husband, RICHARD FIOd'~CIS DENNISON, Exec~ ttor of this my Last Will and Testament. Should my Husband Pail to qualify or cease to act as Execu r, appoint my Son, JOSEPH TEMPLE DENNISON of Dickinson Township, Peunsylvmtiz as Executor of nay estate. If my Husband and my Son fail to qualify or cease to act as pets( al representative, I appoint M&T Bank of Carlisle, Pexmsylvania, as Executor of my estate. I direct ~ at my personal representative shall retahi Taylor p. Andrew-s, Esq. as legal Counsel for administration of my estate. ITEM X: I appoint M&T Bank, Carlisle, Pennsylvania, as TRUSTEE ofea and every- Trust created by this Will. I direct that the income beneficiary of any trust created by th: will shall have the power to replace a corporate Trustee w/th a replacement corporate Trustee b5 providing written notice to the replaced corporate Trustee with a written consent of the replacemen corporate Trustee. IN WITNESS WHEREOF, I, JEWELL TEMPLE DENNISON, have hereunto set my hand and seal to this my Last Will and Testament, consisting of nine (9) printed'pages, each ofwh/ch bears my signature, this 31 day of December, 2001. ~ Jewell teinpl'e ~:~,-,-w~ Signed, sealed, published and declared by the above-named Testatrix, JEWELL TEMPLE DENNISON, as and/'or her Last WilI and Testament, in the presence of us, who, at her request, in her sight and presence, and in the sight and presence of each other, have hereunto subscribed our 7 COMMONWEALTH OF PENNSYLVANIA ) :SS~ COUNTY OF CUMBERLAND ) YVE, JEWELL TEMPLE DENNISON, TAYLOR p. ANDREWS, id elok~tr2~nrtl. act ,tx'~,t tr,~,,,' the Testatrix and witnesses, respectively, whose names are signed to le foregoing or attached instrmnent, being first duly sworn, do hereby declare to the undersign~ :d authori~ that the Testatrix signed m~d executed the instrument as and for her Last Will ar Testaanent and that she signed willingly and that she executed as her ~ree and voluntary act for t purposes therein expressed, and that each of the witnesses, in the presence and hearing of tl Testatrix, signed the Will as witnesses and that to the best of their lmoxvledge the Testatrix was at fl time eighteen (i 8) or more years of age, of sound mind and under no constraint or madue infiuenc T~_~r~. Ar~_dre.ws, Witness-- , Witness Subscribed, sworn to and aclmo;vledged before me by JEWELL TEMPLE DENNISON, the 5e~tatrix[ ~d su,bsc '~r~xed t,o and sworn or af£:trmed to before me by TAYLOR P. ANDREWS and //~ ~//~/" '"~'"'~.~~ (SEAL ~ I Not~y'/~ublic t COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TJll~Ef;.rl::":[ i CHICE OF NOTICE OF INHERITANCE TAX INHERITANCE TAX DIVISION nC\J.,. r',': '" - A~RAISEHENT J ALLOWANCE OR DISALLOWANCE PO BOX 280601 P[i-:::l~,., ,'-\OF DEDUCTIONS AND ASSESSMENT OF TAX HARRISBURG PA 171Z8-0601 ' I.. '- ZOU5 JAM \ 0 ~H g: 1;8 DATE ESTATE OF DATE OF DEATH FILE NUMBER COUNTY ACN 01-10-2005 DENNISON 04-05-2004 21 04-0407 CUMBERLAND 101 CLERK OF ,Q\ff-lAN'S C9VQT" ~~~~~:sP &A~~~II~~!llri/ :, hI 78 W POMFRET ST CARLISLE PA 17013 *' REV-lS41EXAFPC12.a4) JEWELL T Allount Re..itted MAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 CUT ALONG THIS LINE ~ RETAIN LOWER PORTION FOR YOUR RECORDS ~ iiEV =m-j-EX--AF'i.--riii"=liiY-iiiii'-icE-OF-J;-riiiE'iiii'ANCE-YA'x-7iP'PRAisEi"-€N't~--ALi'-"j'WANCE-OR-------------- --- DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX ESTATE OF DENNISON JEWELL T FILE NO. 21 04-0407 ACN 101 DATE 01-10-2005 TAX RETURN WAS: I X) ACCEPTED AS FILED ) CHANGED If an assessment was issued previously, lines 14, 15 and/or 16, 17, 18 and 19 will reflect figures that include the total of ~ returns assessed to date. ASSESSMENT OF TAX: 15. Allount of Line 14 at Spousal rate (15) 16. Allount of Line 14 taxable at Lin..l/Class A rat. (16) 17. Allount of Line 14 at Sibling rete (17) 18. Allount of Line 14 taxable at Collateral/Class B rate (18) 19. Principal Tax Due RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. Real Estate (Schedule A) 2. Stocks and Bonds (Schedule BJ 3. Closely Held Stock/Partnership Interest (Schedule C) 4. Mortgages/Notes Receivable (Schedule D) S. Cash/Bank Deposits/Misc. Personal Property (Schedule E) 6. Jointly Owned Property (Schedule FJ 7. Transfers (Schedule G) 8. Total Assets (1) (2) (3) (4) (5) (6) (7) .00 307. 504.71 .00 .00 91,772.78 95.030.62 .00 (8) APPROVED DEDUCTIONS AND EXEMPTIONS: 9. Funeral Expenses/Adm. Costs/Misc. Expenses (Schedule H) 10. Debts/Mortgage Liabilities/Liens (Schedule I) 11. Total Deductions 12. Net Value of Tax Return 13. Charitable/Governmental Bequests; Non-elected 9113 Trusts (Schedule J) 14. Net Value of Estate Subject to Tax (9) (10) 14,605.01 .00 (11) (12) (13) (14) NOTE: 93,905.02 X 385,798.07 X .00 X .00 X NOTE: To insure proper credit to your account} submit the upper portion of this form with your tax pay..ent. 494,308.10 14 60~ 01 479,703.09 .00 479,703.09 00 = 045 = 12 = 15 = .00 17,360.91 .00 .00 17,360.91 (19)= TAX CR TS: r IT ,+, AMOUNT PAID DATE NUMBER INTEREST/PEN PAID 1-) 07-02-2004 CD004111 842.11 16,000.00 11-05-2004 CD004589 .00 518.83 TOTAL TAX CREDIT 17,360.94 BALANCE OF TAX DUE .03CR INTEREST AND PEN. .00 TOTAL DUE .03CR ~ . IF PAID AFTER DATE INDICATED} SEE REVERSE FOR CALCULATION OF ADDITIONAL INTEREST. ( IF TOTAL DUE IS LESS THAN $1, NO PAYMENT IS REQUIRED. ,I, IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR), YOU MAY BE DUE J..1 A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.) ~7~ IN RE: ESTATE OF JEWELL TEMPLE DENNISON: DECEASED IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION NO. 21-04-0407 FIRST AND FINAL ACCOUNT OF RICHARD FRANCIS DENNISON EXECUTOR OF THE ESTATE OF JEWELL TEMPLE DENNISON LATE OF CARLISLE BOROUGH, CUMBERLAND COUNTY, PENNSYLVANIA Date of death: Letters Granted: Advertisement of Letters: The Sentinal: Cumb. Law Journal: ACCOUNT STATED AS FINAL April 5, 2004 April 27, 2004 May 21, 28 & June 4, 2004 May 14,21, & 28, 2004 Purpose of Account: Richard Francis Dennison oilers this account to inform interested parties of the transactions that have occured during this administration. It is important that the Account be carefully examined. Requests for additional information or questions or objections can be discussed with: Taylor P. Andrews, Esq. 78 W. Pomfret St., Carlisie, Pa. 17013. Phone 717-243-0123 PRINCIPAL Receipts Asset conversions Less Disbursements Balance Before Distributions Distributions to Beneficiaries Principal Balance Remaining SUMMARY & INDEX PaCle No. 2 3 4 4 $399,277.49 ($6,632.44) ($32,290.09) $360.354.96 $306,492.03 $53,862.93 INCOME Receipts Less Disbursements Balance Before Distributions Distributions to Beneficiaries Income Balance Remaining 5 5 $2,751.86 $327.24 $2,424.62 $11,858.24 5 ($9,433.62) COMBINED BALANCE REMAINING $44,429.31 Page 1 1/27/2005 PRINCIPAL RECEIPTS (Value as of Date of Receipt unless otherwise indicated) 5,543.8890 shrs ofIntermediate Term Bond - Inst I Fund @ 11,868.6870 MTB Short duration Gov't Bond Inst I-fund @ 5,488.8530 PIMCO total return Fd-InstI #35 @ 3,584.3310 MTB Large Cap Value - Inst I Fund #327 @ 353.4570 Vanguard Inst. Index Fd Fd #94 @ Prime Money Market Inst-Fund [principal account] Prime Money Market Inst-Fund [income account] Cash at M&T Bank, Trustee MBNA America Bank, NA account 57-419185-4 accrued interest CNA unearned insurance premium refunded Total Receipts of Principal Page 2 - Principal Receipts $ 10. 2000 $9.7100 $10.8100 $10.9200 $105.3500 Amount $56,547.67 $115,244.95 $59,334.50 $39,140.89 $37,236.69 $6,254.99 $9,549.75 $75.27 $73,778.98 $71.58 $2,042.21 $399,277.49 ASSET CONVERSIONS Date Asset 8/10/2004 5,543.8890 shrs oflntermediate Term Bond -Inst I Fund 11,868.6870 MTB Short duration Gov't Bond Inst I-fund 5,488.8530 PIMCO total return Fd-Instl #35 3,584.3310 MTB Large Cap Value - Inst I Fund #327 353.4570 Vanguard Inst. Index Fd Fd #94 TOTAL GAINS/(LOSSES) ON CONVERSIONS: Page 3 Dist. Value $55,993.28 $114,651.52 $59,554.06 $36,130.06 $34,543.35 Cost Basis $56,547.67 $115,244.95 $59,334.50 $39,140.89 $37,236.69 Gain/CLoss) ($554.39) ($593.43) $219.56 ($3,010.83) ($2,693.34) ($6,632.44) PRINCIPAL DISBURSEMENTS 2-Jul-04 100 I Cumberland Law Journal 1002 The Sentinel 1003 Register of Wills - Inheritance tax 1004 Richard F. Dennison - probate fee reimburse 1005 Richard F. Dennison - cremation society reimbuse 5-Nov-04 1006 Register of Wills - Inheritance tax 1007 Register of Wills - filing fee for return 1008 Andrews and Johnson - progress payment 1009 Richard Francis Dennison Charges of M&T Bank as trustee of revocable trust Reserves: for attorney fees for tax preparation for probate fees TOTAL DISBURSEMENTS OF PRINCIPAL DISTRIBUTIONS TO BENEFICIARIES TO: Distribution to Manufacturers & Traders Trust Co., testamentary trustee 8/5/2004 cash 8/10/2004 3,584.3310 MTB Large Cap Value - Inst I Fund #327 353.4570 Vanguard lnst. Index Fd Fd #94 5,543.8890 shrs of Intermediate Term Bond - Inst I Fund 11,868.6870 MTB Short duration Gov't Bond Inst I-fund 5,488.8530 PIMCO total return Fd-Instl #35 TOTAL DISTRIBUTION OF PRINCIPAL TO BENEFICIARIES Page 4 $75.00 $129.47 $16,000.00 $366.00 $150.54 $518.83 $15.00 $5,000.00 $3,500.00 $635.25 $5,000.00 $500.00 $400.00 $32,290.09 $5,619.76 $36,130.06 $34,543.35 $55,993.28 $114,651.52 $59,554.06 $306,492.03 INCOME RECEIPTS Income received in revocable trust from dod interest on estate checking account interest on MBNA account after dod Total Receipts of Income INCOME DISBURSEMENTS Trustee fees for revocable trust from dod Total Disbursements INCOME DISTRIBUTIONS Distribution to Manufacturers & Traders Trust Co., testamentary trustee Page 5 $2,560.46 $]76.38 $15.02 $2,751.86 $327.24 $327.24 $11,858.24 COMMONWEALTH OF PENNSYLVANIA COUNTY OF CUMBERLAND Richard Francis Dennison ,being duly sworn according to law, deposes and says that the Account as stated is true and correct, and that the Grant of Letters and the first complete advertisement thereof occurred more than four (4) months before the filing of the Account. ~_AA':"j\( .V--~J ~~:,,~).A D..A,(""/"'\A-i)-~ Richard Francis Dennison Sworn and subscribed to before me t}.i ':<YdaY.ofJan.~ary, ,!05. ~7/J~ "'J~L., NOTARIAL SEAL SHELLY SEXTON, Notary Public Cariisl€ Bora, Cumberland County My Commission Expires April 26, 2007 IN RE: ESTATE OF JEWELL TEMPLE DENNISON: DECEASED IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION NO. 21-04-0407 SCHEDULE OF PROPOSED DISTRIBUTION Combined Balance for Distribution Remaining as Per First and Final Account: PER ITEM III OF WILL $44,429.31 TO: M&T Bank, aka Manufacturers & Traders Trust Co., Trustee $44,429.31 STATEMENT OF REASONS FOR THE PROPOSED DISTRIBUTION The above distribution is proposed in accordance with the Last Will and Testament of Jewell Temple Dennison. ~~( ,,') -.h ,,~.'-, IJ Cv,.~~i,-,,,, Richard Francis Dennison Schedule of Distribution ACKNOWLEDGMENT COMMONWEALTH OF PENNSYLVANIA COUNTY OF CUMBERLAND I, Richard Francis Denniso, being duly sworn according to law, depose and say that the facts set forth in the Statement of the Reasons for the Proposed Distribution are true and correct. .'1 ~ ~~~~~/V'-"~ Richard Francis Dennison Sworn and subscribed to and before me this U day of January, 05 11 NOTARIAL SEAL SHELLY SEXTON, Notary Public M Carlisle .Bora, Cumberland County y Commission Expires April 26, 2007 Schedule of Distribution IN THE COURT OF COMMON PLEAS CUMBERLAND COUNTY, PENNSYLVANIA ORPHAN'S COURT DIVISION r<) r::;:l =' ~il n ;,~ ","'2 c_ -'-.. "CJ IN RE: BEATRICE E. FICKES REVOCABLE LIVING TRUST -I f',,) NO. 21-2000-04070RPHAN'S-COUlp' &"" RESPONSE TO CITATION AND RULE TO SHOW CAUSE AND NOW, comes the Respondent, Wanda J. Peduzzi (hereinafter "Respondent"), by and through her attorneys, Gates, Halbruner & Hatch, P .C., and respectfully sets forth the following response to the Citation issued by the honorable Court, in accordance with the Amended Order of Court dated January 6, 2005: 1. Admitted. 2. Admitted. 3. Admitted. The document speaks for itself. 4. Admitted. The document speaks for itself. 5. Admitted. The document speaks for itself. 6. Admitted. 7. Denied as stated. The allegations contained in Paragraph 7 are conclusions oflaw to which no response is required. To the extent a response is required, any insinuation that the trust administration has not been efficient or that any inefficiency is the fault of Respondent, is categorically denied. 8. Denied. Respondent has worked tirelessly to fulfill her requirements as trustee in a manner consistent with the trust. -/ 0-;) ~ i-') \-,1 '~:!:J .~ (-) _, en jl (:~) *-'1 9. Denied. The allegations of Paragraph 9 are unconscionably vague, and therefore Respondent is without sufficient information to respond to Paragraph 9. By way of further response, the characterization that the trust administration has extended for an "unconscionable period oftime" is a conclusion oflaw to which no response is required. 10. Denied. Respondent has repeatedly provided Petitioner with both money and accurate, written figures relative to the subject property. By way of further response, Respondent has paid Petitioner $300.00 a month representing one-half of the rental value of the property, in addition to other sums of money when the property has generated additional income. By way of further response, Petitioner has not requested additional accounting above that which Respondent already has provided. 11. Admitted. 12. Admitted. 13. Denied. Respondent has not "refused to complete such sale". The remaining allegations of Paragraph 13 are conclusions oflaw to which no response is required. 14. Admitted. 15. Denied as stated. Respondent has been conditionally approved for the financing to complete the desired transaction, despite the difficulty in obtaining same for a sum of money more than 3 times the appraised value of the property. 16. Denied as stated. The allegations of Paragraph 16 are vague and merely represent the opinion of the Petitioner. By way of further response, the allegations of Paragraph 16 appear to be conclusions oflaw to which no response is required. 17. Denied as stated. The allegations of Paragraph 17 are vague and merely represent the opinion of the Petitioner. By way of further response, the allegations of Paragraph 17 appear to be conclusions oflaw to which no response is required. 18. Denied. The allegations of Paragraph 18 are conclusions oflaw to which no response is required. WHEREFORE, Respondent respectfully requests this honorable Court to deny the relief sought in the Petition. Respectfully submitted, GATES, HALBRUNER & HATCH, P.C. s;;;(~' Craig . Hat , Esquire Supreme Court 1.0. #76361 Cory J. Snook, Esquire Supreme Court 1.0. #85734 1013 Mumma Road, Suite 100 Lemoyne, P A 17043 (717) 731-9600 (Attorneys for Respondent) DATED: ~I'\' 17,:;OOS;- , VERIFICATION This document is based upon information which has been gathered by my counsel in preparation of the lawsuit. The language of the document is that of counsel and is not my own. I have read the document and to the extent that it is based upon information which I have given to my counsel, it is true and correct to the best of my knowledge, information and belief. To the extent that the content of the document is that of counsel, I have relied upon counsel in making this verification. This statement and verification are made subject to the penalties of 18 Pa.C.S. S4904 relating to unsworn falsification to authorities, which provides that if! make knowingly false averments, I may be subject to criminal penalties. WA/I1W ].~ WANDA J. PEDUZyJ ,,:; Date: ~" I ~ cJe1O-r I CERTIFICATE OF SERVICE I, Cory J. Snook, of the law firm of Gates, Halbruner & Hatch, P .C., hereby certify that 1 served a true and correct copy of the foregoing document on this date by first class mail, postage pre-paid, addressed to the following: Susann B. Morrison, Esq. Salzmann, Hughes & Fishman, P.C. 95 Alexander Spring Road Suite 3 Carlisle, PA 17013 GATES, HALBRUNER & HATCH, P.C. /} BY: &+ Cory J. S ook, squire Attorney LD. #85734 1013 Mumma Road, Suite 100 Lemoyne, P A 17043 (717) 731-9600 (Attorneys for Respondent) Date: :s;; Vl _ I 7 , ,)tJ'0~ , ~ --'" ,.-'- .--'''''' ",/' c... t'l ,z (Jl "l ~ (Jl 0 0 ,... rr .. p- r\ (\) III '" ~ (\) (Jl I-' rr .-. ~ rr I-' (\) \ <i)>~ 01-' t .., 0 0 ,...(\) (\) ,.., ,I> ()~?t (Jl P> .% \ <:1~\iO~ rr 0 III "l 0 ,I> ,....~~"" r\ ,.., ';:l I-' 0 ::;)W;"l~Ul ,... p>"" (\) <:t~ ';:l ...1 'e;'..o %. ~ ~ ~r\ III 0 rr'1:l I-' (\) S~~~O ,...0 S ~';3'lit"'';t. 0(Jl '" ;:l (\) 0 ,... <J>~~'Z. po 0 (Jl .. ~ , 0 0 ~ ;:l Z rr n ~. S"''', . o Q 7~;~ ~ ':t" ---- ::~\~ ;;:.;, ", '<,.Y" " t""''';; "". - k 'C ~" ~~,.", ---,'~ ',~" ~ .:':"' -t"", -~- ~,_ ...c; C: '; ::.... :;: ,; ,~. .)', %q. 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" ':l :;"P ,. \o.~~- ,,'3 d";~4 ~,~ 9..0;3~: '.:~9l. df....C.:. ,....6. l!l"'~" ;i. 0 . - 4' ..-!.' - .,..".{;;::",;iO~ v~~o'lt~~S~ , <s ~ g~~5;; 9..:2 '" 0"- oQ..~5g;1..':':1 _ t;3"I.i2.%<<-' l:"-:,o( ;';"1 :;;;"'9';::' ~ o~:::;." ~.?::~~o.~:r' .? ~ ~ ~ ~~,:f:' :J~ ST A TUS REPORT UNDER RULE 6.12 Name of Decedent: Jewell Temple Dennison Date of Death: April 5, 2004 Will No. No. 21-04-0407 Pursuant to Rule 6.12 of the Supreme Court Orphans' Court Rules, I report the following with respect to completion of the administration of the above-captioned estate: 1. State whether administration of the estate is complete: Yes X No 2. If the answer is No, state when the personal representative reasonably believes that the administration will be complete: 3. If the answer to No.1 is Yes, state the following: a. Did the personal representative file a final account with the Court? Yes X No b. The separate Orphans' Court No. (if any) for the personal representative is: c. Did the personal representative state an account informally to the parties in interest? Yes No X, a formal account was filed d. Copies of receipts, releases, joinders and approvals of formal or informal accounts may be filed with the Clerk of the Orphans' Court and may be attached to this report. Taylor P. Andrews, Esq. I 78 West Pomfret Street Carlisle, P A 17013 Phone: 717-243-0123 Capacity: Counsel for Executor ...::t \(''''1 'I.... .-' c' ( Date:,~ay .25,2005 ~ cPf