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HomeMy WebLinkAbout02-18-09~~ ~~ 9~ ~~ } r-, s - ~~; C:r~ F "" r`„ ~; . ,µ~ =~•~ ~ .., ~. 1 .~ r }S'n V+' S.%~' X5.1 C in ~R 1 ,~ .~ ~ ~ -~ O ~ o n O r' ~, c, - r ~ :~ ; f '= ~, ~,; ~-1 ~~ ~ .: .f ~ ~ ~,,• .. ;~ .. i ~•4 {•3 1' •` ::~ ', x.. Ci S ~•i 1•.,. .; •} C? 'c'' •"~. ;fl '~ '.t f /~ ~J1 ,- ~.., r ~,~ ~ .~ ~~: r-^ ^' 7:, -^ , ,~ '~„ HARRY B. YOST ,~:_: . !' ~' JAMES W. APPEL ~ ' ~ JOHN L. SAMPSON , , ! ~~ ~ ~ KENNETH H. HOWARD Il . ~~LLP ~ WILLIAM J. CASSIDY, JR. ELAINE G. UGOLNIK ROBERT W. HALLINGER LAW OFFICES PETER e. ASTORINO THIRTY-THREE NORTH DUKE STREET BRADLEY A. ZUKE LANCASTER PENNSYLVANIA 17602 LUCY F. DOWD , (717)394-0521 OF COUNSEL FAX (717) 431-1664 WILLIAM R. WHEATLY MATTHEW G. GUNTHARP (email Janelle a ) ~ ppelyost.com J. MARLIN SHREINER February 17, 2009 Cumberland County Register of Wills One Courthouse Square Carlisle, PA 17013 Re: Nelson S. Free Estate Dear Sir or Madam: MERRILL L. HASSEL (1941-1972) T. ROBERTS APPEL, II (1961-2006) BRANCH OFFICES OFFICE AT NEW HOLLAND, PA (717) 354-0117 OFFICE AT STRASBURG, PA (717)687.7871 OFFICE AT QUARRYVILLE, PA (717)788-3172 OFFICE AT EPHRATA, PA (717)733-2104 OFFICE AT CHRISTIANA, PA (610)593-6740 We are assisting Barry S. Free, Executor, in the settlement of the Nelson S. Free Estate. Enclosed for filing with your office are Information Notice and Taxpayer Response forms for two accounts which were titled in the name of Bernice M. Free who was the Wife of Nelson S. Free. Please file the originals with your office and return atime-stamped copy of each to our office in the enclosed self-addressed, stamped envelope. If you have any questions or need additional information, please do not hesitate to contact me. Sincerely, r:Tanelle ~upir~4 ~ ~. ,..Paralegal fcar,.~ Kenneth H. Howard 57081 O1 enclosures cc: Barry S. Free Kenneth H. Howard e~~ n ~~ ~d ~ ~ i ;- ` ,v ;~-~ rr1 r:o. :a W j r r-- __ -r-} _ ~ ~ L.J ~r c:.. - -- -A, -~ ca - ` o rn PENNSYLVANIA INHERITANCE TAX INFORMATION NOTICE BUREAU OF INDIVIDUAL TAXES AN D HARRIDSBURG6PA rnza-0601 ~~-\ ~~ ~ ~'~-A,jl`PAYER RESPONSE - ,; REV-1543 EX AFP Q49-987' ' - -'J '~~ ~ ~ t ' FILE N0. 21 Qcj U1-7~ ACN 09105863 DATE 01-30-2009 ~~ 2~~9 FHB ! ~ P~9 3~ 06 (`I ~-'==~ 'r ii ~ ** NELSON S FREE 210 BIG SPRING RD NEWVILLE PA 17241 EST. OF BERNICE M FREE SSN 162-22-4108 DATE OF DEATH 10-24-2008 COUNTY CUMBERLAND REMIT PAYMENT AND FORMS T0: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 TYPE OF ACCOUNT SAVINGS CHECKING TRUST CERTIF. WACHOVIA BK NA provided the Department with the information below, which has been used in calculating the potential tax due. Records indicate that at the death of the above-named decedent, you were a joint owner/beneficiary of this account. If you feel the information is incorrect, please obtain written correction from the financial institution, attach a copy to this form aed return it to the above address. This account is taxable in accordance with the Inheritance Tax laws of the Commonwealth of ~~. or~.a~...,. ~ loose ..oll [: .,. '8;- 927 -ii.. .,.. ~.. ,a..~~-.. COMPLETE PART 1 BELOW ~. SEE REVERSE SIDE FOR FILING AND PAYMENT INSTRUCTIONS Account No. 247402053726963 Date 08-19-2008 To ensure proper credit to the account, two Established copies of this notice must accompany Account Balance $ 22, 881 .29 payment to the Register of Wills. Make check Percent Taxable X payable to "Register of Wills, Agent". 100.00 Amount Subject to Tax $ 22,881.29 NOTE: If tax payments are made within three Tax Rate months of the decedent's date of death, X . 1 5 deduct a 5 percent discount on the tax due. Potential Tax Due $ 3,432.19 Any Inheritance Tax due will become delinquent nine months after the date of death. PART TAXPAYER RESPONSE FAILURE TO RESPOND WILL RESULT IH AN OFFICIAL TAX ASSESSMENT A. ^ The above information and tax due is correct. Remit payment to the Register of Wills with two copies of this notice to obtain C C H E C K a discount or avoid interest, or check box "A" and return this notice to the Register of 0 N E ~ Wills and an official assessment will be issued by the PA Department of Revenue. B L 0 C K B. ~ The above asset has been or will be reported and tax paid with the Pennsylvania Inheritance Tax return 0 N L Y to be filed by the estate representative. C. The above informs ion is incorrect and/or debts and deductions were paid. amplete PART 2~ and/or PART ~ below. PART If indicating a different ax rate, please state relationship to decedent: 4}1P OFFICIAL USE ONLY ~ AAF TAX RETURN - COMPUTATION OF TAX ON JOINT/TRUST ACCOUNTS PA DEPARTMENT DF REVENUE PAD Lure a. Dare established i 1 _~~.,.. _ _ ._ 2. Account Balance 2 $ 2 3. Percent Taxable 3 X 3 4. Amount Subject to Tax 4 $ 4 5. Debts and Deductions 5 - $ 5 6. Amount Taxable 6 6 7. Tax Rate T X _~~ ~~ 7 8. Tax Due g $ 8 PART DEBTS AND DEDUCTIONS CLAIMED DATE PAID PAYEE DESCRIPTION AMOUNT PAID TOTAL (Enter on Line 5 of Tax Computation) g Under penalties of perjury, I declare that the facts I have reported above are true, correct and complete to the be t of my knowledge and belief. HOME ( ~ WORK C ~ TAX ER NAT RE TELEPHONE NUMBER DATE GENERAL INFORMATION 1. FAILURE TO RESPOND WILL RESULT IN AN OFFICIAL TAX ASSESSMENT with applicable interest based on information submitted by the financial institution. 2. Inheritance Tax becomes delinquent nine months after the decedent's date of death. 3. A joint account is taxable even when the decedent's name was added as a matter of convenience. 4. Accounts (including those held between husband and wife) the decedent put in .joint names within one year prior to death are fully taxable. 5. Accounts established ]ointly between husband and wife more than one year prior to death are not taxable. 6. Accounts held by a decedent "in trust for" another or others are fully taxable. REPORTING INSTRUCTIONS - PART 1 - TAXPAYER RESPONSE 1. BLOCK A - If the information and computation in the notice are correct and deductions are not being claimed, place an "X" in Block A of Part 1 of the "Taxpayer Response" section. Sign two copies and submit them with a check for the amount of tax to the register of wills of the county indicated. The PA Department of Revenue will issue an official assessment (Form REV-1548 EX) upon receipt of the return from the register of wills. 2. BLOCK B - If the asset specified on this notice has been or will be reported and tax paid with the Pennsylvania Inheritance Tax Return filed by the estate's representative, place an "X" in Block B of Part 1 of the "Taxpayer Response" section. Sign one copy and return to the register of wills of the county indicated. 3. BLOCK C - If the notice information is incorrect and/or deductions are being claimed, check Block C and complete Parts 2 and 3 according to the instructions below. Sign two copies and submit them with Your check for the amount of tax payable to the register of wills of the county indicated. The PA Department of Revenue will issue an official assessment (Form REV-1548 EX) upon receipt of the return from the register of wills. TAX RETURN - PART 2 - TAX COMPUTATION LINE 1. Enter the date the account originally was established or titled in the manner existing at date of dea . NOTE: For a decedent who died after 12/12/82, accounts the decedent put in Joint names within one Year of death are fully taxable. However, there is an exclusion not to exceed 53,000 per transferee, regardless of the value of the account or the number of accounts held. If a double asterisk (~^) appears before your first name in the address portion of this notice, the 53,000 exclusion was deducted from the account balance as reported by the financial institution. 2. Enter the total balance of the account including interest accrued to the date of death. 3. The percentage of the account that is taxable to each survivor is determined as follows: A. The percentage taxable of point assets established more than one year prior to the decedent's death: 1 DIVIDED BY TOTAL NUMBER OF DIVIDED BY SURVIVINGBJOINT OWNERS MULTIPLIED BY 100 = PERCENT TAXABLE JOINT OWNERS Example: A point asset registered in the name of the decedent and two other persons: 1 DIVIDED BY 3 (JOINT OWNERS) DIVIDED BY 2 (SURVIVORS) _ .167 X 100 = 16.7 percent (TAXABLE TO EACH SURVIVOR) B. The percentage taxable for assets created within one near of the decedent's death or accounts owned by the decedent but held in trust for another individual(s) (trust beneficiaries): 1 DIVIDED BY TOTAL NUMBER OF SURVIVING JOINT MULTIPLIED BY 100 = PERCENT TAXABLE OWNERS OR TRUST BENEFICIARIES Example: Joint account registered in the name of the decedent and two other persons and established within one year of death by the decedent. 1 DIVIDED BY 2 (SURVIVORS) _ .50 X 100 = 50 percent (TAXABLE FOR EACH SURVIVOR) 4. The amount sub.7ect to tax (Line 4) is determined by multiplying the account balance (Line 2) by the percent taxable (Line 3). 5. Enter the total of the debts and deductions listed in Part 3. 6. The amount taxable (Line 6) is determined by subtracting the debts and deductions (Line 5) from the amount subject to tax (Line 4). 7. Enter the appropriate tax rate (Line 7) as determined below. Spouse Lineal Sibling Collateral Date of Death 07/01/94 to 12/31/94 3 percent 6 percent 15 percent 15 percent 01/01/95 to 06/30/00 0 percent 6 percent 15 percent 15 percent 07/01/00 to present 0 percent 4.5 percent * 12 percent 15 percent ^The tax rate imposed on the net value of transfers from a deceased child 21 years of age or'vounger at death to or for the use of a natural parent, an adoptive parent or a stepparent of the child is 0 percent. The lineal class of heirs includes grandparents, parents, children and other lineal descendents. "Children" includes natural children whether or not then have been adopted by others, adopted children and step children. "Lineal descendents" includes all children of the natural parents and their descendents, whether or not they have been adopted by others; adopted descendents and their descendants; and step-descendants. "Siblings" are defined as individuals who have at least one varent in common with the decedent, whether by blood or adoption. The Collateral class of heirs includes all other beneficiaDEBTS AND DEDUCTIONS CLAIMED CLAIMED DEDUCTIONS - PART 3 - Allowable debts and deductions are determined as follows: A. You are legally responsible for payment, or the estate sub]ect to administration by a versonal representative is insufficient to pay the deductible items. B. You actually Paid the debts after the death of the decedent and can furnish proof of payment. C. Debts being claimed must be itemized fully in Part 3. If additional space is needed, use B 1/2" x 11" sheet of paper. Proof of payment may be requested by the PA Department of Revenue. TAXPAYER ASSISTANCE IF YDU NEED FURTHER INFORMATION OR AS5I57ANCE, CONTACT ANY REGISTER OF WILLS, PA DEPARTMENT OF REVENUE DISTRICT OFFICE OR THE BUREAU DF INDIVIDUAL TAXES, AT (717) 787-8327. SERVICES FOR TAXPAYERS WITH SPECIAL HEARING ANDfOR SPEAKING NEEDS ONLY: 1-800-447-3Q20. PENNSYLVANIA INHERITANCE TAX INFORMATION NOTICE BUREAU OF INDIVIDUAL TAXES ~ i~J~ "; AND FILE N0. 21 (~ ~ ~--in Po Box 280681 -~. TAXPAYER RESPONSE ACN 09105864 ~( HARRISBURG PA 17128-0601 ~ ~.. .~~~.J I4- .JI -.-_.. REY-1543E%AFP~(09-OB) ~ DATE 01-30-2009 209 FED ! 8 P~~ 3~ 0 l.~tl.-F.., { 1 it rr~`.~~~i'`~~~<< '''}! I. T C~i's' L:' „~ i C~ ,(, _ ~'1 , ~F~ ~.~ f NELSON S FREE 210 BIG SPRING RD NEWVILLE PA 17241 EST. OF BERNICE M FREE SSN 162-22-4108 DATE OF DEATH 10-24-2008 COUNTY CUMBERLAND REMIT PAYMENT AND FORMS T0: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 TYPE OF ACCOUNT SAVINGS CHECKING TRUST O CERTIF. WACHOVIA BK NA provided the Department with the information below, which has been used in calculating the potential tax due. Records indicate that at the death of the above-named decedent, you were a ioint owner/beneficiary of this account. If you feel the information is incorrect, please obtain written correction from the financial institution, attach a copy to this form and return it to the above address. This account is taxable in accordance with the Inheritance Tax laws of the Commonwealth of Pennsylvania. 'riease ..e.. .. :73 '2' -..~, ; wi .. ..::sa .__,... COMPLETE PART 1 BELOW * SEE-REVERSE SIDE FOR FILING AND PAYMENT INSTRUCTIONS '` Account No. 247402053613506 Date 07-18-2008 To ensure proper credit to the account, two Establ ished copies of this notice must accompany Account Balance $ 64,233.12 payment to the Register of Wills. Make check Percent Taxable X 100.00 payable to "Register of Wills, Agent". Amount Subject to Tax $ 64,233.12 NOTE: If tax payments are made within three Tax Rate ~( months of the decedent's date of death, ~ lrj deduct a 5 percent discount on the tax due. Potential Tax Due $ 9, 634.97 Any Inheritance Tax due will become delinquent nine months after the date of death. PART 1 TAXPAYER RESPONSE FAILURE TO RESPOND WILL RESULT IN AN OFFICIAL TAX AS5E55MENT A. ^ The above information and tax due is correct. Remit payment to the Register of Wills with two copies of this notice to obtain C H E C K a discount or avoid interest, or check box "A" and return this notice to the Register of C 0 N E ~ Wills and an official assessment will be issued by the PA Department of Revenue. B L 0 C K 0 N L Y B. ~ The above asset has been or will be reported and tax paid with the Pennsylvania Inheritance Tax retu 1 Ito be filed by the estate representa tive. rn C PART If indicating a different rate, please state relationship to decedent: - ~ ~ ~"TC;~P TAX RETURN - COMPUTATION OF TAX ON JOINT/TRUST ACCOUNTS PAD Llnt 1. 1)a lQ e~Lau i.i5nea i ~ 2. Account Balance 2 $ 2 3. Percent Taxable 3 X 3 4. Amount Subject to Tax 4 $ 4 5. Debts and Deductions 5 - 5 6. Amount Taxable 6 $ 7. Tax Rate - 7 X a~a 6 7 8. Tax Due g $ 8 PART DEBTS AND DEDUCTIONS CLAIMED 0 DATE PAID PAYEE DESCRTPTTnN The above informs ion is incorrect and/or debts and deductions were paid. Complete PART 2~ and/or PART 3^ below. OFFICIAL U5E ONLY Q qqF PA DEPARTMENT OF REdENiIE - - - - - vi i ax l.OmpULaLlOn) $ Under penalties of perjury, I declare that the facts I have reported above are true, correct and compl a to the est f my knowledge and belief. HOME ( ) WORK ( ) TAXPAYER AT TELEPHONE NUMBER DATE GENERAL INFORMATION 1. FAILURE TO RESPOND WILL RESULT IN AN OFFICIAL TAX ASSESSMENT with applicable interest based on information submitted by the financial institution. 2. Inheritance Tax becomes delinquent nine months after the decedent's date of death. 3. A joint account is taxable even when the decedent's name was added as a matter of convenience. 4. Accounts (including those held between husband and wife) the decedent put in joint names within one year prior to death are fully taxable. 5. Accounts established jointly between husband and wife more than one year prior to death are not taxable. 6. Accounts held by a decedent "in trust for" another or others are fully taxable. REPORTING INSTRUCTIONS - PART 1 - TAXPAYER RESPONSE 1. BLOCK A - If the information and computation in the notice are correct and deductions are not being claimed, place an "X" in Block A of Part 1 of the "Taxpayer Response" section. Sign two copies and submit them with a check for the amount of tax to the register of wills of the county indicated. The PA Department of Revenue will issue an official assessment (Form REV-1548 EX) uvon receipt of the return from the register of wills. 2. BLDCK B - If the asset specified on this notice has been or will be reported and tax paid with the Pennsylvania Inheritance Tax Return filed by the estate's representative, place an "X" in Block B of Part 1 of the "Taxpayer Response" section. Sign one copy and return to the register of wills of the county indicated. 3. BLOCK C - If the notice information is incorrect and/or deductions are being claimed, check Block C and complete Parts 2 and 3 according to the instructions below. Sign two copies and submit them with your check for the amount of tax payable to the register of wills of the county indicated. The PA Department of Revenue will issue an official assessment (Form REY-1548 EX) upon receipt of the return from the register of wills. TAX RETURN - PART 2 - TAX COMPUTATION LINE 1. Enter the date the account originally was established or titled in the manner existing at date of dea NOTE: For a decedent who died after 12/12/82, accounts the decedent put in joint names within one year of death are fully taxable. However, there is an exclusion not to exceed $3,000 per transferee, regardless of the value of the account or the number of accounts held. If a double asterisk (~^l appears before your first name in the address portion of this notice, the S3,000 exclusion was deducted from the account balance as reported by the financial institution. 2. Enter the total balance of the account including interest accrued to the date of death. 3. The percentage of the account that is taxable to each survivor is determined as follows: A. The percentage taxable of joint assets established more than one near prior to the decedent's death: 1 DIVIDED BY TOTAL NUMBER OF DIVIDED BY SURVIVINGBJOINT OWNERS MULTIPLIED BY 100 = PERCENT TAXABLE JOINT OWNERS Example: A joint asset registered in the name of the decedent and two other persons: 1 DIVIDED BY 3 (JOINT OWNERS) DIVIDED BY 2 (SURVIVORS) _ .167 X 100 = 16.7 percent (TAXABLE TD EACH SURVIVOR) B. The percentage tau able for assets created within one near of the decedent's death ar accounts owned by the decedent but held in trust for another individual(s) (trust beneficiaries): 1 DIVIDED BY TOTAL NUMBER OF SURVIVING JOINT MULTIPLIED BY 1D0 = PERCENT TAXABLE OWNERS OR TRUST BENEFICIARIES Example: Joint account registered in the name of the decedent and two other persons and established within one near of death by the decedent. 1 DIVIDED BY 2 (SURVIVORS) _ .50 X 100 = 50 percent (TAXABLE FOR EACH SURVIVOR) 4. The amount subject to tax (Line 4) is determined by multiplying the account balance (Line 2) by the percent taxable (Line 3). 5. Enter the total of the debts and deductions listed in Part 3. 6. The amount taxable (Line 6) is determined by subtracting the debts and deductions (Line 5) from the amount subject to tax (Line 4). 7. Enter the appropriate tax rate (Line 7) as determined below. t ^The tax rate imposed on the net value of transfers from a deceased death to or for the use of a natural parent, an adoptive parent or a stepparent of the child is 0 percent. The lineal class of heirs includes grandparents, parents, children and other lineal descendents. "Children" includes natural children whether or not they have been adopted by others, adopted children and step children. "Lineal descendents" includes all children of the natural parents and their descendents, whether or not they have been adopted by others; adopted descendents and their descendants; and step-descendants. "Siblings" are defined as individuals who have at least one parent in common with the decedent, whether by blood or adoption. The Collateral class of heirs includes all other beneficiaries. CLAIMED DEDUCTIONS - PART 3 - DEBTS AND DEDUCTIONS CLAIMED Allowable debts and deductions are determined as follows: A. You are legally responsible for payment, or the estate subject to administration by a personal representative is insufficient to pay the deductible items. B. You actually Paid the debts after the death of the decedent and can furnish proof of payment. C. Debts being claimed must be itemized fully in Part 3. If additional space is needed, use B 1/2" x 11" sheet of paper. Proof of payment may be requested by the PA Department of Revenue. TAXPAYER ASSISTANCE IF YOU NEED FURTHER INFORMATION OR ASSISTANCE, CONTACT ANY REGISTER OF WILLS, PA DEPARTMENT OF REVENUE DISTRICT OFFICE OR THE BUREAU DF INDIVIDUAL TAXES, AT (717) 787-8327. SERVICES FOR TAXPAYERS WITH SPECIAL HEARING ANDIDR SPEAKING NEEDS ONLY: 1-80-447-320. Date of Death Spouse Lineal Sibling Collateral 07/01/94 to 12/31/94 3 percent 6 percent 15 percent 15 percent 01/01/95 to 06/30/00 0 percent 6 percent 15 percent 15 percent 07/01/00 to present 0 percent 4.5 percent * 12 percent child 21 nears 15 percent of age or younger a