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Home My WebLink About01-12-09 1505607120 C~~p~I -J REV-1500 EX (06-05) OFFICIAL USE ONLY PA Department of Revenue County Code Year File Number Bureau of Individual Taxes INHERITANCE TAX RETURN 2 1 0 8 0 0 9 8 6 PO 60X.280601 Harrisburg, PA 17128-0601 - RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death Date of Birth 188 32 4265 09 09 2008 05 16 1935- Decedent's Last Name Suffix Decedent's First Name MI PUTT VERA N (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI PUTT DANIEL F Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW 1. Original Return ~ 2. Supplemental Return ~ 3. Remainder Return (date of death prior to 12-13-82j 4. Limited Estate ~ qa. Future Interest Compromise ~ 5. Federal Estate Tax Return Required (date of death after 12-12-82) X 6 Decedent Died Testate ~ Decedent Maintained a Living Trust 8. Total Number of Safe Deposit Boxes (Attach Copy of Will) ~ (Attach Copy of Trust) 9. Litigation Proceeds Received ~ 10. Spousal Poverty Credit (date of death 11. Election to tax under Sec. 9113(A) between 12-31-91 and 1-1-95) (Attach Sch. O) CORRESPONDENT -THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED T0: Name Daytime Telephone Number EDMUND G. MYERS (717) 761 4540 rv Firm Name (If Applicable) JOHNSON DUFFIE First line of address 301 MARKET STREET Second line of address PO BOX 109 City or Post Office LEMOYNE Correspondent's a-mail address: State ZIP Code PA 17043 ~• REGISTER OF.WiL~ USE O~~Y - --~ -z~~ N .~ -~ I _._~ DATE'~ILED '"' --, + _:, - r.-~ -_ - .' r~ -; ;--=, ,_ J z.. _ r ~ -~-; ~~ _ r Ti ;- -? ,- 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 complete. Declaration of preparer other than the personal representative Is based on all information of which preparer has any knowledge. BSI TURE OF PERSON RESPONSIB FOR FILING RETURN DATE i ~ ~ ~ ;L,e DANIEL F. PUTT / -- ~' - ~ ~' ADDRESS 6001 MICHAELE DRIVE, ENOLA, PA 17025 SIG RE OF PREPAREJ2 0 HER~EPRESENTATIVE DATE 7~c/V"/ EDMUND G. MYERS ~/~~~~ ADDRESS 301 MARKET STREET, LEMOYNE, PA 17043 Side 1 1505607120 1505607120 J ~. :i° 1505607220 REV-1500 EX oecedenYs Name: V E RA iv . PUTT Dec:edent's Social Security Number 1 8 8 3 2 4 2 6 5 RECAPITULATION 1. Real Estate (Schedule A) ........................................................................................ .. 1. 2. Stocks and Bonds (Schedule B) ............................................................................. .. 2. 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C)........ .. 3. 4. Mortgages & Notes Receivable (Schedule D) ........................................................ .. 4. 36,533.80 5• Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) .............. .. 5. 6. Jointly Owned Property (Schedule F) ~ Separate Billing Requested ........... .. 6. 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property 6 4 , 12 8 6 6 (Schedule G) ~ Separate Billing Requested ........... .. 7. 100,662.46 8. Total Gross Assets (total Lines 1-7) ..................................................................... .. 8. 15,560.17 9. Funeral Expenses & Administrative Costs (Schedule H) ....................................... .. 9. 85.81 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) ............................. ... 10. 15,645.98 11. Total Deductions (total Lines 9 & 10) ................................................................... ... 11. 85,016.48 12. Net Value of Estate (Line 8 minus Line 11) .......................................................... ... 12. 13. Charitable and Governmental BequestslSec 9113 Trusts for which an election to tax has not been made (Schedule J) .............................................. ... 13. 85,016.48 14. Net Value Subject to Tax (Line 12 minus Line 13) .............................................. ... 14. TAX COMPUTATION -SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 5 2, 2 5 8 4 8 15. (a)(1.2) X .00 16. Amount of Line 14 taxable 3 2, 7 5 8 0 0 1s. at lineal rate X .045 17. Amount of Line 14 taxable 0 0 0 17 at sibling rate X: .12 . 18. Amount of Line 14 taxable 0 0 0 18 at collateral rate X .15 . 19. Tax Due .................................................... ................................................................ . 19. 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. 0.00 1,474.11 0.00 0.00 1,474.11 Side 2 1505607220 1!i05607220 REV-1500 EX Page 3 Decedent's Complete Address: File Number 21-08-00986 DECEDENT'S NAME VERA N. PUTT STREET ADDRESS 6001 MICHAELE DRIVE CITY STATE ZIP ENOLA PA 17025 Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount 3. Interest/Penalty if applicable p. Interest E. Penalty 1,400.40 73.71 Total Credits (A + B + C) (1) 1,474.11 (2) 1,474.11 Total Interest/Penalty (D + E) 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Check box on Page 2 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. A. Enter the interest on the tax due. g, Enter the total of Line 5 + 5A. This is the BALANCE DUE. Make Check Payable to: REGISTER OF WILLS, AGENT (3) (4) (5) 0.00 (5A) (5B> 0.00 _4~ ~ , ~ . .~ ~ i~', r • ; .. ` ,.~i`~!3 -'Ssn ~}, fi"3T~ : ,,.,~~-alc~,',. ~ (.; ,i.. :41p ~ .. ^,i, k .. ~. . ?F.;~, ~ i'~i^~- __ ~~ _ ~ 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 :.................................................................................. ^ ^x b. retain the right to designate who shall use the property transferred or its income :.................................... ^ ^x c. retain a reversionary interest; or .................................................................................................................. ^ d. receive the promise for life of either payments, benefits or care? .............................................................. ^ ^x 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration? ....................................................................................................................... ^ ^x 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death?......... ^ ^x 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? ...................................................................................................................... ^x ^ IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. ~~ , ~ '~ . 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 three (3) percent [72 P.S. §9116 (a) (1.1) (i)]. For dates of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is zero (0) percent [72 P.S. §9116 (a) (1.1) (ii)]. The statute does not exempt a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1, 2000: The tax rate imposed on the net value of transfers from a deceased child twenty-one years of age or younger at death to or for the use of a natural parent, an adoptive parent, or a stepparent of the child is zero (0) percent [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 four and one-half (4.5) percent, except as noted in 72 P.S. §9116 1.2) [72 P.S. §9116 (a) (1)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is twelve (12) percent [72 P.S. §9116 (a) (1.3)]. A sibling is defined under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. Rev1508 EX+(8.98) SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF (FILE NUMBER PUTT, VERA N. 21-08-00986 Include the proceeds of litigation and the date the proceeds were received by the estate. Ail property jointly-owned with the right of survivorship must be disclosed on schedule f. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1 Hartford Annuity Proceeds -Contract No. 711158347 -Surrendered prior to death - 15,960.83 check received after death dated 9/08/2008 Surrender amount payable to decedent. 2 I Sovereign Bank -Checking Account No. 1681725347 -Date of death balance, plus I 8,307.97 accrued interest. 3 ~ 2005 Mercury Monterey Van -Kelley Blue Book value. 12,265.00 TOTAL (Also enter on Line 5, Recapitulation) I 36,533.80 (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule E (Rev. 6-98) Rev-1510 EXr (6.96) SCHEDULE G INTER-VIVOS TRANSFERS & MISC. NON-PROBATE PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER PUTT, VERA N. 21-08-00986 This schedule must b[a completed and filed if the answer to any of questions 1 through 4 on the reverse side of the REV-1500 COVEF: SHEET is yes. ITEM NUMBER DESCRIPTION OF PROPERTY INCLUDE NAME OF TRANSFEREE, THEIR RELATIONSHIP TO DECEDENT AND THE DATE OF TRANSFER. ATTACH A COPY OF THE DEED FOR REAL ESTATE. DATE OF DEATH VALUE OF ASSET % OF DECD'S INTEF'.EST EXCLUSION (IF APPLICABLE) TAXABLE VALUE 1 MFS1Sunlife Annuity Contract No. 32,758.00 32,758.00 507707700943696 -Beneficiaries: Timothy E. Putt, Son/Deborah A. Chehovin, Daughter Date of death value. 2 Wachovia Securities -Roth IRA Account No. 31,370.66 31,370.66 6836-5222 -Beneficiary: Daniel F. Putt, Husband Date of death value. TOTAL (Also enter on Line 7, Recapitulation) I 64,128.66 (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule G (Rev. 6-98) 'Jiacl~~o,-ia Securities, LLC 3 Lemoyne DI"I'VE LEn,cyne, R4 170?3 Post 0rficz lox 7, Carnp Hill, PA 17001 Tel 7'1' .6'1-73?? Fey, 717 975-8426 800 468-8685 TM Raymond G. Woods Jr., CFP Senior Vice President -Investments ray.woods a(~,wachoviasec.com Shelly A. Weibley Senior Registered Client Associate shelly.weibley anwachoviasec.com October 6, 2008 Mr. Edmund Myers Attorney-at-Law 107 N 27th Street Camp Hill, PA 17011 RE: Vera N. Putt Dear Mr. Myers: ~~ Please be advised that as of Vera Putt's death on 9/9/08, she maintained an individual securities account at Wachovia Securites. Account #: 6836-5242 Titfe: Vera N. Putt Opened: 6/16/2003 The value of the MFS/Sunfife Annuity (contract #507707700943696) in this account is $32,758.00 based on the closing value on 9/9/08. The beneficiaries are listed as her son and daughter, Timothy E. Putt and Deborah A. Chehovin. Respectfully, Shelfy A. Weibley Senior Registered Client Associate ~' ~ 7~ P•.r„ i'd's 7 I' r,, ~ i.?f' c,vL`~.~.n . i !`i.J ~.? f.~ P~,P.; ^:'t f;i^ 3il~i.:n3'.f:1S ei~!'; 1;+~?F'•ii:'.41 Lti f'f~.~.~li'i <tr.-~ cCL3'; Qi~T ~-1"3s`:3.1 Yr:isE',1 =~L ~.,i!'_ 5t:_13r1.i=~ i~~i.~ri,~.~~ ~.%T „JT "~l~ ,. ,.r=.i~~ F:i~" ~ rsl~ .~. ~ ~L CJa.F~,f~iT~L T,. ~C`: i'!r~ .!;_r.r_IG;aI ';`~"t~ o!'~yrrlJy~~_ ~i 1+ ~• nv //~~~ I,a ~,_r! (~ t ^Te;Y,:_a'T1ars'=3=°BCi:~.'~.,w tr,,Uf'N 1 ^~. v f~t~i`L _ Si t .%I .. l Jt~{\. r~~4:'I1, '~ i4~ Y11H r: L~Jr.M ^ J.'I~S~. y1» _I`ZI Tr' .'{~ Fi~emhei li':SE/SIPC OCT, 24, 2008 9:22AM .. WACHOVIA SEC vdacnavia IDecur~tle5, Lw Three Lemoyne Drive Lemoyne, PA 17043 Tel 711 761-7344, 800 468-8685 Fax 71.7 978426 10 200$ ~ctoE~er , Mr. Edmund Myers Attorney-at-Law 107 N 27t~' Street Camp bill, PA 17011 RE: Uera Putt Dear Mr. Myers: N0. 396 P, 2 .~ Rayrnand G. woods J ., CFP sonior'V'ice Presiders -Investments ra .waods~wachovia ec.cam Shelly A. Weibley Senior Registered Cli nt Associate shell.weible wach iasec.com W,~~3COVIr1 ~LI~CTIE~ --, \`.~- Please be advised that as of Vera Putt's death on 919/08, she maintained a Roth TRA at Wachovia Securities. The beneficiary is flame! F. Putt Account #: 6836--5222 Title: Vera N. Putt Roth IRA opened: a3lzo~2oa1 The following is a list of the securities and values held in this account as of 9/9/08. 312 Income Fund of America AMECJC 440 $ 7,269,55 . Target Growth Allocation A PHGAX 697.28 $ 7~~9•`~ . 745.969 'Target Growth Allocation B PIHGX $ 7,504.45 879 Wash Mutual Tnvs Fd A AWSHX 312 $ 9,017.17 . Money Market '05 $31,370.66 Respectfully, G 1~~~~ r~ Q~~dry~ Shelly A. Weibley Senior Registered Client Associate `HE INFORMATION CONTAINED HEREfN HAS BrEi~f OL3iAiNED FROM SOURCES BFI1EVEa 1~LiASLE 8U~ NOT NECESSARILY C01f1ALETEAP3D GUARANTEED. THIS RE?ORT iS NOT Th1E OFFICIAL RECORD OF YOi;R AGCOUtr"T. YOUR WACHOVIA SECl5RCf1F=S CLIENT Si'ATEtVfENT IS THE O RECORD OF YOiJR ACCOUNT_ nt se McmGrJ N\BEJSIPC REV•1151 EX+ (12-99) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS ESTATE OF FILE NUMBER PUTT, VERA N. 21-08-00986 Debts of decedent must be reported on Schedule I. ITEM DESCRIPTION AMOUNT NUMBER A. FUNERAL EXPENSES: See continuation schedule(s) attached B. 1 ADMINISTRATIVE COSTS: Personal Representative's Commissions DANIEL F. PUTT City ENOLA State PA Zip 17025 Year(s) Commission paid Social Security Number(s) ! EIN Number of Personal Representative(s): Street Address 6001 MICHAELE DRIVE 11,220.00 2. Attorney's Fees JOHNSON DUFFIE 500.00 3, Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) 3,500.00 Claimant DANIEL F. PUTT Street Address 6001 MICHAELE DRIVE City ENOLA State PA zip 17025 Relationship of Claimant to Decedent SpOUSe 4. Probate Fees 87.00 5. Accountant's Fees 6. Tax Return Preparer's Fees 7. Other Administrative Costs 253.17 See continuation schedule(s) attached TOTAL (Also enter on line 9, Recapitulation) 15,560.17 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H (Rev. 6-98) SCHEDULE H FUNERAL EXPENSES AND ADMINISTRATIVE COSTS continued ESTATE OF FILE NUMBER PUTT, VERA N. 21-08-00986 NUM ER DESCRIPTION AMOUNT Funeral Expenses 1 Malpezzi Funeral Home -funeral expenses 11,220.00 H-A Subtotal 11,220.00 Other Administrative Costs 2 Cumberland Law Journal -Legal Advertisement 75.00 3 Register of Wills -file Inventory & Inheritance Tax Return 30.00 4 The Patriot-News -Legal Advertisement 148.17 H-B7 Subtotal 253.17 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H (Rev. 6-98) Rev-1512 EX+ (8.98) SCHEDULE 1 DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER PUTT, VERA N. 21-08-00986 Include unreimbursed medical expenses. (If more space is needed, additional pages of the same size) Copyright (c) 2002 form sofhvare only The Lackner Group, Inc. Form PA-1500 Schedule I (Rev. 6-98) REV-1513 EX+ (9.00) COMMO ERE ANCEOTAX RETURN ANIA RESIDENT DECEDENT SCHEDULE J BENEFICIARIES ESTATE OF PUTT, VERA N. NAME AND ADDRESS OF NUMBER PERSON(S) RECEIVING PROPERTY I. TAXABLE DISTRIBUTIONS [include outright spousal and transfers distributions , under Sec. 9116(a)(1.2)] 1 DEBORAH P. CHEHOVIN 310 ALLENVIEW DRIVE MECHANICSBURG, PA 17055 2 DANIEL F. PUTT 6001 MICHAELE DRIVE ENOLA, PA 17025 3 TIMOTHY E. PUTT 6001 MICHAELE DRIVE ENOLA, PA 17025 FILE NUMBER 21-08-00986 RELATIONSHIP TO SHARE OF ESTATE AMOUNT OF ESTATE DECEDENT (1Nords) ($$$) Do Not Llst Trustee(s) Daughter One-half - Sunlife Annuity Husband Tangible Personal Property; Residue Son One-half - Sunlife Annuity Total Enter dollar amounts for distributions shown above on lines 15 through 18, as appropriate, on Rev 1500 cover sheet II. NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TA;< IS NOT BEING MADE B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET I 0.00 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule J (Rev. 6-98) ~.~c~t ~iYr ~c~~ ~Ce~t~rrrYer~t OF VERA N. PUTT I, VERA N. PUTT, of Hampden Township, Cumberland County, Peinlsylvania, being of sound and disposing mind, memory and Lulderstanding, do hereby ma.lte, publish and declare this as and for my Last Will and Testament, hereby revolting aizd making void any and all Wills or Codicils at any time heretofore made by me. ARTICLE I DEBTS I direct the payment of all my legal debts and the expenses of my last illness and funeral from my Estate as soon after my death as conveniently maybe done. ARTICLE II TANGIBLE PERSONAL PROPERTY I give and bequeath my motor vehicles(s), household and personal effects and other tangible personalty of lilte nature (not including cash or securities), together with any existing insurance thereon, unto my husbasld, DANIEL F. PUTT, if he survives me by thirty (30) days. Should my husband, DANIEL F. PUTT, not be living on the thirty-first (315Y) day after my death, I bequeath such tangible personalty acid insurance thereon to those of my children who are living on the thirty- first (315`) day after my death, to be divided between them by my Personal Representative with due regard for their personal preferences in as nearly equal shares as practical. ~, ~{ i ARTICLE III OPTION TO PURCHASE REAL ESTATE If I survive my husband by more than thirty (30) days, and if I own the real estate lalown as 6001 Michaele Drive, Enola, Pemisylvania, and if at such tune, my son, TIMOTHY E. PUTT, still resides at 6001 Michaele Drive, Enola, Pennsylvania, I give and devise unto TIMOTHY E. PUTT an option to purchase the real estate at a price equal to the value of the real estate as determined for Pem~sylvania inheritance tax purposes. If my son, TIMOTHY E. PUTT, elects to exercise the option to purchase the real estate, he shall give written notice of his election to purchase at the price set forth above no later than one hundred eighty (180) days after the date of my death to my Personal Representative(s). If he so elects, he shall complete the purchase of the real estate from my Personal Representative(s) wit]1in sixty (60) days of the date of his exercise of the option to purchase. In such case, my Personal Representative(s) shall make, aclazowledge and deliver a fiduciary warranty deed conve}~iizg good and marketable fee simple title to the real estate, and at settlement the real estate taxes, municipal liens and charges shall be prorated. I direct that this option shall be personal to my son, TIMOTHY E. PUTT, and shall not be assignable by him. ARTICLE IV REST, RESIDUE AND REMAINDER I give, devise and bequeath all the rest, residue and remainder of my Estate, of whatever nature and wherever situate, unto my husband, DANIEL F. PUTT, provided he survives me by thirty (30) days. If my husband is not living on the thirty-first (315Y) day following my death, I give, devise quid bequeath the same Lento my then-living issue, per stripes. 2 __ __ ~ ~ -_ -. i I ARTICLE V UNIFORM TRANSFERS TO MINORS ACT ]ii the event any beneficiary of my Will has not reached the age of twenty-five (25) years at the time for distribution of his or her share, distribution of said share maybe made in the discretion of my Personal Representative after considering the age and needs of the beneficiary, either directly to the beneficiary or to a Custodian for such beneficiary until al;e twenty-five (25) under the Pennsylvania Uniform Transfers to Minors Act, 20 Pa. C.S.A ~ 5301 et seq., or the applicable Uniform Gifts to Minors Act or Uniform Transfers to Minors Act in the state of residence of such beneficiary as the case maybe. My Personal Representative may designate as such Custodian any institution or person, including my Personal Representative, qualified to act as a Custodian for such beneficiary under such Act in effect at the time such distribution. is made. A receipt for any payment or distribution so made shall be a full discharge therefor to my Personal Representative, who shall not be responsible to see to, or be liable for, the application of such proceeds thereafter. ARTICLE VI POWERS OF PERSONAL REPRESENTATIVE My Personal Representative(s) shall have the following powers in addition to those vested in theme by law and by other provisions of my Will applicable to al]'~ property, whether principal or income, including property held for minors, exercisable without court approval and effective until actual c(ist-ibution of all property: A. To make distribution in cash. or in kind, or partly in cash and partly in kind, and in such mamler as they may determine. B. To retain any or all of the assets of my estate, real or personal, without restriction to investments authorized for Peiu~sylvania fiduciaries, as they deem proper, without regard to any principle of diversification or risk. C. To invest in all forms of property without restriction to investments authorized for 3 Peiu~sylvania fiduciaries, as they deem proper, without regard to any principle of diversification or risk. D. To sell at public or private sale, to exchange, or to lease for any period of time airy 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. E. To allocate receipts and expenses to principal or income or partly to each as they from time to time tlui~lc proper. F. To compromise any claim or controversy. G. To make such elections, decisions, concessions aiid settlements in connection with all income, estate, ii~lzeritance, gift, generation skipping or other tax refunds and the pa}nnent of such taxes as my Personal Representative and/or Trustee shall deem appropriate, without obligation to adjust the distributive share of any person thereby affected. ARTICLE VII PERSONAL REPRESENTATIVE I name, constitute and appoint my husband, DANIEL F. PUTT, Executor of this my Last Will and Testament. Should my husband, DANIEL F. PUTT, fail to qualify or cease to so act, I name, constitute and appoint my son, TIMOTHY E. PUTT, alternate Executor to complete the administration of my Estate. I direct that no fiduciary appointed herein shall be required to post bond for the faithful administration of the duties required in any jurisdiction. 4 ~~ IN WITNESS WIiEREOF, I have hereunto set my hand and seal to this, my Last Will and Testament, this ~~~iay of 2005. ~l C~ (SEAL) VERA N. PUTT Signed, sealed, published and declared by the above-named Testatrix, as and for her Last Will and Testament, in the presence of us, who at her request, in her presence and in the presence of each oth-er, have hereunto subscribed our names as witnesses. \ ~~ 24>9~4 5 AFFIDAVIT AND ACKNOWLEDGMENT COMMONWEALTH OF PENNSYLVANIA SS COUNTY OF CUMBERLAND W e, VERA N. PUTT, ~lI ~lSs~ f ~ ~~~V~nd ~=~ rh v .~ '~ C"~ . c~`~~ ~ the Testatrix and the witnesses, respectively, whose names are signed to the attached or foregoing instlunent, being first duly sworn, do hereby declare to the undersigned authority that the Testatrix signed and executed the instntment as her Last Will and that she had signed willingly and that she executed it as her free and vohuztary act for the purposes therein expressed, and that each of the witnesses, in the presence and hearing of the Testatrix, signed the 'Will as witness and that to the best of his/her lu~owledge the Testatrix was at that time eighteen years of age or older, of sound mind aaid under no constraint or undue influence. ~~ ~ VERA N. P ~(~~~ ~ ~~ Witn Witness Subscribed, sworn to and aclalowledged before me by VERA N. PUTT, Testatrix, and subscribed and sworn to before me Uy ~~_ ~~~~ ~~ and ~~. ~~ ,, ~ C... (~c~y~.s2 ~, witnesses, this~~day of , 2005. C ~.. ~- _ __~,,..~,~,_,..~ _ Notary Public ~c..~..,_..N~TA~iAL SL"Al_ L~l~ONNE LEND, Notary Public i am~y~~2l3orau0i~ Cumberland Co. lt~y t~~xmml5sion Fxl?lre~ l~ec~21, 2005 6 -< C m m ~~ //~~ G CI r y•O O ~ ~N~ y ro w z° Z _~~a G~ N aP N g ay t ~ v ~ m ~~ O a ~ ~~ 0 s ~~11Nf1 c o ~ - ~ - ~ e IZI~ u- __ C4 x:' N = LtJ ~. ~.1 tea.: t :~ ~. Lk1 ' --~ "~ C'` .cz 'C_ _ , c.t1 '~ ~ ~- O { i z ~~ c U CV _. ^~ ~:.- T r~' . ^, L `:N_ . ~. M^. E~ ' '~~ ;; ~ 1;, O ~ ~ W ~ U ~U~w ti D ~ Q M ~ M J_ ~ ~ M ~UW° l.L ~ ~ ~ ~~°w ~W~ ~'J~~~ W~UQ [~ U .- U