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HomeMy WebLinkAbout02-0110PETITION FOR GRANT OF LETTERS OF ADMINISTRATION Estate of Teddy R . lqorr~ .qon No. also known as Toddy Mc~rr~ S,-,n TO: ca -o A - Social Security No. 1 8 4 - 2 6 - 7 0 8 4 Register of Wills for the Deceased. County of Cumberland in the Commonwealth of Pennsylvania The petition of the undersigned respectfully represents that: Your petitioner(s), who is/are 18 years of age or older, appi ... c s (d.b.n.; pendente lite; durante absentia; durante minoritate) the above decedent. for letters of administration on the estate of Decendent was domiciled at death in C,, m h o r 1 n n ri County, Pennsylvania, with h i s last family or principal residence at 9 r~ 1 ~ n s y P ~, ~ ,q c o ,- ~ ~ o ~ ~ xT ~..- ,- ,. H.i d d 1 e t o n T o w n s h i p, P A 17013 (list street, number and mumclpahty) Decendent, then 67_ years of age, died _Cept~+'~...~ ~,°~ .°OOI x~gxx , at Decendent at death owned property with estimated values as folllows: (If domiciled in Pa.) All personal property $ (If not domiciled in Pa.) Personal property in Pennsylvania $ (If not domiciled in Pa.) Personal property in County $ Value of real estate in Pennsylvania $ situated as follows: 2/9 interest in two tracts of land Perry County, Tax Parcel # 240,18000-075.000 -0- 5~000 in Sprih.~ Township, Petitioner a~erapropersearchha thefollowingspouse(ifan~ andheirs: Name Shirley A. Morrison 3udy A. O'Hara Patricia D. Langston Amy L. Martin ascertained that decedent left no will and was survived by Relationship Wife Daughter Daughter Daughter Residence 201 Easy Rd:C~rl~l~,pA 17013 49 West Oakwood Dr:Carlisle,PA #9 Marinine St,Searcy,AK72143 50 Oak Hill Rd,Carlisle,PA 17013 THEREFORE, petitioner(s) respectfully request(s) the grant of letters of administration in the appropriate form to the undersigned. OATH OF PERSONAL REPRESENTATIVE COMMONWEALTH OF PENNSYLVANIA ]~ ss COUNTY OF m~m.~,Nn The petitioner(s) above-named swear(s) or affirm(s)that the statements in the foregoing petition are true and correct to the best of the knowledge and belief of petitioner(s) and that as personal representative(s) of the above decedent petitioner(s) will well and truly administer the estate according to law. Sworn to or affirmed and subscribed before me this 3 ls t __ __ day of / Janua~.y , ~ 2002 t~mry Lewa_s ' Reg~ter ~'3C'~ " No. 21-2002-110 ::,: ~ , G~NT OF LETTERS OF ADMINIST~TION AND NOW JANUARY 31 s t lX)X 2 0 0, Tn consideration of the petition on the reverse side hereof, satisfactory proof having been presented, before~ .me~, IT IS DECREED that SHIRLEY A~ MORRISON is/~me entitled to Letters of Administration, and in accord with such finding, Letters of Administration are hereby granted to SHIRLEY A. WORRISION in the estate of TEDDY R. MORRISONa/k/a TEDDY MORRISON FEES Letters of Administration ..... $.2 5.0 0 Short Certificates( ) .......... $. - 0- Renunciation ................ $. JCP $ 5.00 TOTAL $. 30.00 Filed J..a.n..u.a..ry.. ~.1 ~.-t; Reg's~ter of Wills MARY 'C. LEWIS Dale F. ,qh~]~h~r~-: .l'r_ #1q171 ATTORNEY (Sup. Ct. I.D. No.) 35 East Hiqh Street, Suite 203 ADDRESS Carlisle, PA 17013 (717) PHONE 241-4311 CALL ATTORNEY DALE SHUGHART JR WHEN LETTERS ARE READY his 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. Fee for this certificate, $2.00 ~ ~-~'~,,t,¢~~~ Local Registrar It.... P 7578960 S£P 2,8 2001 No. '~ Date 21-2002-110 '"' ,. Teddy COMMONWEALTH OF PENNSYLVANIA · DEPARTMENT OF HEALTH · VITAL RECORDS CERTIFICATE OF DEATH -- ' ' " Cumberl~d L T~. I O1 ~sy Road,Carlisle,Pa. ,,~eneral Forem~ .... S ee~ ~rp. b,.----'-~ ~,, ~'~ 8 ~ ~ ....... J,, ~arried ~hi~ley A. Zei~ler 201 ~sy Road .e~ ~ .... ,~ Carlisle,Penna. 17013 ~, lm.~. cumberland --~' ,,,O~..~~'~ ,,. ~. Fin~on Morrlson ~ ~&~ Morrison ~' ~ ~S~ D~E ~ ~s~ ~201. Easy Road f Carlisle, Pe~sylvania 17013 ,,. ~tober 1,2001 l~hu~8~ ~ 21-2002-110 J/tN 31 ,~l I :01 CERTIFICATION OF NOTICE UNDER RULE 5.6(a) Name of Decedent: Teddy R. Morrison Date of Death: September 26, 2001 Estate No. 21-02-110 To the Register: I certify that notice of estate administration 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 February 7, 2002. Name 1. Shirley A. Morrison 2. Judy A. O'Hara 3. Patricia D. Langston 4. Amy L. Martin Address 201 Easy Road Carlisle, PA 17013 49 West Oakwood Drive Carlisle, PA 17013 #9 Marinine Street Searcy, AK 72143 50 Oak Hill Road Carlisle, PA 17013 Notice has now been given to all persons entitled thereto under Rule 5.6(a) except None Date: February 7, 2002 Capacity: a e . S~ughart, Jr. 35 East High Street, Suite 203 Carlisle, PA 17013 Telephone (717) 241-4311 Counsel for personal representative IMPORTANT NOTICE NOTICE OF ESTATE ADMINISTRATION THIS NOTICE DOES NOT MEAN THAT YOU WILL RECEIVE ANY MONEY OR PROPERTY FROM THIS ESTATE OR OTHERWISE Whether you will receive any money or property will be determined wholly or partly by the decedent's will. If the decedent died without a will, whether you will receive any money or property will be determined by the intestacy laws of Pennsylvania. BEFORE THE REGISTER OF WILLS, COUNTY OF CUMBERLAND, PENNSYLVANIA In re Estate of Teddy R. Morrison, deceased Estate No. 21-02-110 TO: Patricia D. Langston #9 Marinine Street Searcy, AK 72143 Please take notice of the death of decedent and the grant of letters to the personal representative(s) named below. The Decedent Teddy R. Morrison, died on the 26th day of September, 2001, at Carlisle, Cumberland County, Pennsylvania. The Decedent died intestate. The personal representative of the Decedent is: Shirley A. Morrison 201 Easy Road Carlisle, PA 17013 (717) 243-2793 Date: February 7, 2002 Capacity: 35 East High Street, Suite 203 Carlisle, PA 17013 Telephone (717) 241-4311 Counsel for Personal Representatives Shirley A. Morrison IMPORTANT NOTICE NOTICE OF ESTATE ADMINISTRATION THIS NOTICE DOES NOT MEAN THAT YOU WILL RECEIVE ANY MONEY OR PROPERTY FROM THIS ESTATE OR OTHERWISE Whether you will receive any money or property will be determined wholly or partly by the decedent's will. If the decedent died without a will, whether you will receive any money or property will be determined by the intestacy laws of Pennsylvania. BEFORE THE REGISTER OF WILLS, COUNTY OF CUMBERLAND, PENNSYLVANIA In re Estate of Teddy R. Morrison, deceased Estate No. 21-02-110 TO: Patricia D. Langston #9 Marinine Street Searcy, AK 72143 Please take notice of the death of decedent and the grant of letters to the personal representative(s) named below. The Decedent Teddy R. Morrison, died on the 26th day of September, 2001, at Carlisle, Cumberland County, Pennsylvania. The Decedent died intestate. The personal representative of the Decedent is: Shirley A. Morrison 201 Easy Road Carlisle, PA 17013 (717) 243-2793 Date: February 7, 2002 Capacity: ~D. #19373 35 East High Street, Suite 203 Carlisle, PA 17013 Telephone (717) 241-4311 Counsel for Personal Representatives Shirley A. Morrison IMPORTANT NOTICE NOTICE OF ESTATE ADMINISTRATION THIS NOTICE DOES NOT MEAN THAT YOU WILL RECEIVE ANY MONEY OR PROPERTY FROM THIS ESTATE OR OTHERWISE Whether you will receive any money or property will be determined wholly or partly by the decedent's will. If the decedent died without a will, whether you will receive any money or property will be determined by the intestacy laws of Pennsylvania. BEFORE THE REGISTER OF WILLS, COUNTY OF CUMBERLAND, PENNSYLVANIA In re Estate of Teddy R. Morrison, deceased Estate No. 21-02-110 TO: Shirley A. Morrison 201 Easy Road Carlisle, PA 17013 Please take notice of the death of decedent and the grant of letters to the personal representative(s) named below. The Decedent Teddy R. Morrison, died on the 26th day of September, 2001, at Carlisle, Cumberland County, Pennsylvania. The Decedent died intestate. The personal representative of the Decedent is: Shirley A. Morrison 201 Easy Road Carlisle, PA 17013 (717) 243-2793 Date: February 7, 2002 Capacity: Dale F. Sh6gh~t~/~ Attorney Supreme'~C~ I.D. #19373 35 East High Street, Suite 203 Carlisle, PA 17013 Telephone (717) 241-4311 Counsel for Personal Representatives Shirley A. Morrison IMPORTANT NOTICE NOTICE OF ESTATE ADMINISTRATION THIS NOTICE DOES NOT MEAN THAT YOU WILL RECEIVE ANY MONEY OR PROPERTY FROM THIS ESTATE OR OTHERWISE Whether you will receive any money or property will be determined wholly or partly by the decedent's will. If the decedent died without a will, whether you will receive any money or property will be determined by the intestacy laws of Pennsylvania. BEFORE THE REGISTER OF WILLS, COUNTY OF CUMBERLAND, PENNSYLVANIA In re Estate of Teddy R. Morrison, deceased Estate No. 21-02-110 TO: Amy L. Martin 50 Oak Hill Road Carlisle, PA 17013 Please take notice of the death of decedent and the grant of letters to the personal representative(s) named below. The Decedent Teddy R. Morrison, died on the 26th day of September, 2001, at Carlisle, Cumberland County, Pennsylvania. The Decedent died intestate. The personal representative of the Decedent is: Date: Shirley A. Morrison 201 Easy Road Carlisle, PA 17013 (717) 243-2793 February 7, 2002 Capacity: Carlisle, PA 17013 Telephone (717) 241-4311 · Counsel for Personal Representatives Shirley A. Morrison COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE DEPT. 2806O1 HARRISSURG, PA 17128-0601 DECEDENT'S NAME (LAST, FIRST, AND MIDDLE INITIAL) Morrison, Teddy R. DATE OF DEATH (MM-DD-YEAR) ' DATE OF BIRTH (MM-DD,YEAR) 09/26/2001 04/05/1934 (IF APPLICABLE) suRvivING sPOUSE'S NAME (' LAST, FIRST AND MIDDLE INITIAL) Morrison, Shirley A. [] 1. original Return I-I · [] 4. Limited Estate [] i I"1 6. Decedent Died Testate (Attach copy [] of Will) n 9. Litigation Proceeds Received [] REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT 2. Supplemental Return 4a. Future Interest Compromise (dale of death after 12-12-82) 7. Decedent Maintained a Living Trust (Attach copy of Trust) 10. Spousal Poverty Credit (date of death between OFFi',;iAi. USE ONLY FILE NUMBER 21 02 0110. COUNTY CODE YEAR NUMBER SOCIAL sEcuRITY NUMBER : 194-26-7004 REGISTER, OF WILLS SOCIAL SECURITY NUMBER bl 3. Remainder Return (date of death Prior t° 12-13-82) ' I'"1 ' 5. Federal Estate Tax Return Required 0 8. Total Number of Safe Deposit Boxes [] ' 11 .Election to tax under Sec. 9113(A) (Attach Sch O) NAME ,COMPLETE MAILING ADDRESS Dale F Shughart, Jr. Esquire ~:IRM NAME (If ~pplicabl~) ........ 35 E. High Street, Suite 203 :rELEPHONE NUMBER 717/241-4311 1. Real Estate (Schedule A) 2. Stocks and Bonds (Schedule B) 3. Closely Held Corporation, Partnership or Sole-Proprietorship 4. Mortgages & Notes Receivable (Schedule D) 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) 6. Jointly Owned Property (Schedule F) [] ~ Separate Billing Requested 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (Schedule G or L) 8. Tetal Gr~,~ ~ (total Lines 1-7) 9. Funeral Expenses & Administrative Costs (Schedule H) 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) 11. T~al Deductlona (total Lines 9 & 10) 12. Net Value ~f Eetate (Line 8 minus Line 11 ) Carlisle, PA 17013 (1) 22,889.00 (2) None (3) None (4) None (5) 14,530.00 (6) None (7) None ~".~'FICiAI_ USE ONLY :..-. (9) 17,968.85 (10) 777.00 (8) 37,419.00 (11) 18,745.85 (12) 18,673.15 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made (Schedule J) 14. Net Value Subject t~ Tax (Line 12 minus Line 13) SEE INSTRUCTIONS ON REVERSE SIDE F°R APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, 1 8,6 7 3.1 5 x or transfers under Sec. 9116(a)(1.2) · . (13) (14) .00 (15) 18,673.15 0.00 16. Amount of Line 14 taxable at lineal rate x .045 (16) 17. Amount of Line 14 taxable at sibling rate x .12 (17) 18. Amount of Line 14 taxable at collateral rate x .15 (18) 19. Tax Due 20. []) ..... el ,- - al · . ' IWl · ,w iv --.', w (19) 0.00 Copyright 2000 form eettware only The LaM(nar Group, Inc. Form REV.tS00 EX (Rev. 6-00) Decedent's Complete Address: STREET ADDRESS CITY 201 Easy Road Carlisle STATE ' ZIP PA 17013 Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount (1) 0.00 InterestJPenalty if applicable D. Interest E. Penalty Total Credits (A + B + C) (2) Total Interest/Penalty (D + E) 4. If Line 2 is greater than Line I + Line 3, enter the difference. This is the OVERPAYMENT. Check box on Page t Line 20 to request a refand 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. B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. Make Check Payable Io.' R~IST~R OF' /~'z £~ AO~NT 0.00 (3) O. O0 (4) (5) 0.00 (5A) (sD) 0.0o PLEASE ANSWER THE FOLLOWING QUESTION8 BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Ye~ No a. retain the use or income of the property transferred . - .... D [] b. retain the right to designate who shall use the property transferred or its income; ................................ [] [] c. retain a reversionary interest; or ......... . ....................... [] [] d. receive the promise for life of either payments, benefits or care? .......................................................... [] [] 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration?... . ............................. [] [] 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? ...... [] [] 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designat on9 IF THE ANffiNER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. Under penalties of perjury, I declare that I have examined this return, inci~ding acc°~pa~ying SchedUles a~d statements, and'to the best of my knoWiedge and belief, it is true, correct and c0mpiete. ' Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge. SIGNATURE OF PERSON RESPONSIBLE FOR FILING RETURN ADDRESS DATE ~U RE~~ )t~ ' 201 Easy Road ~ Carlisle, PA' 17013 SIGNATURE OF PEI~OI SPONSII~LE FOR FILING RETURN ADDRESS DATE SIGNATURE OF PI:[F..PARER_.~HER THAN REPRESF_~TATIVE ADDRESS 35 E Hi h Street, Suite 203 DATE ' For dates of death on or after July 1, 1994 and before January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3% [72 P.S. §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 0% [72 P.S. §9116 (a) (1.1) (ii)]. The statute does not exempt a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1, 2000: The tax rate imposed on the net value of transfers from a deceased child twenty-one years of age or younger at death to or for the use of a natural parent, an adoptive parent, or a stepparent of the child is 0% [72 P.S. §9116 (a) (1.2)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4.5%, except as noted in 72 P.S. §9116 1.2) [72 P.S. §9116 (a)(1)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 12% [72 P.S. §9116 (a) (1.3)]. A 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. COMMONWEALTH OF PENNSYLVANIA iNHERITANCE TAX RETURN RESIDENT DECEDENT ESl'ATE OF Morrison, Teddy R. SCHEDULE A REAL ESTATE FILE NUMBER 21 - 02- 0110 All mai property owned e°lely or ae a tenant in COmmon muet be reported at fair market Value. Fair marl<et value is defined as the price at which property would be exchanged between a willing buyer and a wi Ing se er, ne ther being compelled to buy or sell, both having rea~so.na.ble_knowledge of the relevant facts. Real property which le Jointly-owned with right of .urvlvomhlp muet be dlaclCOed on acne(]Ule I-. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1 A two-ninth (2/9) ownership ~nterest ~n two tracts of land contmmng 25.1348 acres of land improved wit~ 22,889.00 a one-story hunting cabin, situate on Polecat Road, Spring Township, Perry County, PA, known as Perry County Tax Parcel #240 180.00.075.000. Value based on attached appraisal of Larry E. Foote (103,000 x .2222). Deed references: 1/9 interest Deed Book 156, Page 189 1/9 interest Deed Book 236, Page 196 TOTAL (Also enter on Line 1, Recapitulation) 22,889.00 APPRAISAL REPORT HUNTING CAMP ON 25.1348 ACRES POLECAT ROAD, SPRING TOWNSHIP PERRY COUNTY, PENNSYLVANIA Diversified Appraisal Services Real Estate Appraisers and Consultants '.'ii: 'LOCATED' AT. POLECAT ~ROAD ' "- SPRING TOWNSHIP '~" : PERRY.' COUNTY~ PENNSYLVANIA"' ,...-;. .;)- '.: PREPARED FOR . .: THE EsT~TE OF TEDDY. Ri' MORRISON ' SUMMARY OF IMPORTANT FACTS AND CONCLUSIONS LOCATION: TAX PARCEL NUMBER: IMPROVEMENTS: PROPERTY RIGHTS: OWNERSHIP HISTORY: SCOPE OF THE ASSIGNMENT: OBJECTIVE: EFFECTIVE DATE: HIGHEST AND BEST USE: COST APPROACH: SALES APPROACH: INCOME APPROACH: FINAL VALUE CONCLUSION: Polecat Road, Spring Township Perry County, pennsylvania 240 180.00.075.000 A one-story detached hunting cabin. Fee simple interest. The subject property is owned by North Middleton Hunting Camp. The scope of the assignment included au analysis of the subject's area, au inspection of the subject property, au estimation of the property's highest and best use, consideration of all three approaches to value, and the application of those relevant to the valuation of the subject. To estimate the market value of the subject property as unencumbered. As of September 26, 2001. Continued use as a hunting camp or conversion into' a single-family residence.. $119,000 $103,000 N.A. $103,000 2 APPRAISAL CERTIFICATION I hereby certify that upon application for valuation by: THE ESTATE OF TEDDY R. MORRISON the undersigned personally inspected the following described property: All those two certain tracts of land with improvements thereon erected situate in Spring Township Perry County, Pennsylvania, bounded and described as follows: TRACT NO. 1: Beginning at a stone comer of lands now or formerly of Catherine Saltsberger; thence by lands of same, South 8½ degrees East 93 perches to stones; thence by lands now or formerly of the Oak Grove Lumber Company, South 75¼ degrees East 1 perches to a hickory; thence by lands of same, North 69 degrees East 13 perches to stone comer of the land now or formerly of the said Oak Grove Lumber Company and lands now or formerly ofH.H. BrownaweH; thence by lands now or formerly of Brownawell, North 7 degrees West 96 perches to the place of beginning, containing 13 acres and 106 perches, be it more or less. TRACT NO. 2: Beginning at stones; thence by lands now or formerly of Henry Wertz, South 77IA degrees West 20.5 perches to stones; thence by lands, now or formerly of John Wertz, South 7 degrees East 96.2 perches to stones; thence by lands now or formerly of Oak Grove Lumber Company, North 69 degrees East 22 perches to stones; thence by lands now or formerly of Jacob Kutz, part of the same tract, North 7 degrees West 93.5 perches to the place of beginning, containing 12 acres and 58 perches, be it more or less. To the best of my knowledge and belief the statements contained in this report are tree and correct, and that neither the employment to make this appraisal nor the compensation is contingent upon the value reported, and that in my opinion the Market Value as of September 26, 2001 is: ONE HUNDRED AND THREE THOUSAND DOLLARS $103,000 The property was appraised asa whole, subject to the contingent and limiting conditions outlined herein. Certified General Appraiser GA-000014-L PURPOSE OF THE APPRAISAL The purpose of this appraisal is to estimate the Market Value of the subject property as of September 26, 2001. Market Value, as defined by the courts, is the most probable price estimated in terms of money which a property will bring if exposed for sale in the open market, allowing a reasonable time finding a purchaser who buys with knowledge of all the uses to which it is adapted and for which it is capable of being used. Frequently, it is referred to as the price at which a willing seller would sell and a willing buyer would buy, neither being under abnormal pressure. HIGHEST AND BEST USE Highest and Best Use is defined by the Appraisal Terminology and Handbook, published by the Appraisal Institute, as "the most profitable likely use to which a property can be put". The opinion of such use may be based on the highest and most profitable continuous use to which the property is adapted and needed, or likely to be in demand, in the reasonable near future. However, elements affecting value that depend upon events or a combination of occurrences which, while within the realm of possibility, are not fairly shown to be reasonably probable, should be excluded from consideration. Also, if the intended use is dependent on an uncertain act of another person, the intention cannot be considered. Based on the above definition and after seeing the site, neighborhood, and area, it is my opinion that the present use of the subject is its Highest and Best Use. 4 SITE DATA ADDRESS: TOWNSHIP: COUNTY: STATE: LOT SIZE: SEWERS: WATER: LANDSCAPING: Polecat Road Spring Perry Pennsylvania Approximately 25.1348 acres. On-site septic system. On-site well. Typical for the area, with a sodded lawn, trees and shrubs around the cabin, with the remaining area consisting of woodland. None. DETRIMENTAL INFLUENCES Pride of ownership is evidem throughout the neighborhood. DESCRIPTION OF IMPROVEMENTS GENERAL DESCRIPTION: One-story detached dwelling containing approximately 1,568 square feet of gross living area above grade, with two attached covered porches, detached pavilion and detached storage building. CONDITION: Exterior: Average Interior: Average ROOMS: First Floor: Living room, kitchen, bedroom and full bathroom. EXTERIOR: Foundation: Walls: Sash: Gutters: Roof: Storm units: Concrete flab. Painted concrete block. Metal-framed. Aluminum, painted. Gable, metal covered. None INTERIOR, PRINCIPAL ROOMS: Flooring: Wails: Ce'flings: Trim: Carpet Painted concrete block. Suspended acoustical tile. Wood, painted. KITCHEN: Cabinets: Wood, painted. Counters:. Formica Walls: Formica Flooring: Carpet Sink: Double-bowl, stainless steel. BATHROOM: Flooring: Carpet Walls: Wood paneling. Bathtub: Shower stall. Lavatory: Vanity Water closet: Two commodes. Medicine cabinet: Built-in HEATING: Two woodbuming stoves and a stone fireplace. There is no central heating system. HOT WATER: Electric, 50-gallon. ELECTRIC: Circuit breaker system, 200-ampere. GENERAL CONDITION: The improvemems are considered to be in average condition on the interior and on the exterior, with mechanical systems appearing to be adequate and functioning properly. 6 TltE COST APPROACH The Cost Approach to value is based on the principle of substitution, which proposes that an informed buyer will pay no more than the cost of providing a substitute property with similar utility. In estimating the cost of providing a substitute, the following functions are completed. The cost of the improvements, as if new, is estimated. Loss of value due to physical deterioration, functional obsolescence and external depreciation, if applicable, is deducted to represent the cost of a substitute depreciated. The land and the value of depredated site improvements is added to obtain a value indication of the real estate. The cost new of the improvements was estimated using information from Marshall Valuation Service, adjusted to the local area and verified with local contractors. Dwelling: 1,568 sq. t~. ~ $44.00 = Porches, patios, etc.: Fireplace and woodburning stoves: Total Estimated Cost New: Depreciation: Depreciated Cost of Improvements: Misc. Site Improvements "as is": Estimated Site Value: $68,992 22,260 4,500 95,752 -23,938 71,814 10,000 38,000 Indicated Value by Cost Approach: $118,814 Rounded to: $119,000 7 SALES COMPARISON APPROACH In arriving at this conclusion of the value of the subject property, the appraiser made a survey of properties that have sold in the area of the subject property. Consideration was given and adjustments were made on each comparable sale as to time of sale, size, location, as well as all other factors that might affect value. A resume of some of the sales considered by the appraiser is as follows: SALE NO. 1: Location: Date of Sale: Sale Price: Size: Unit Price: 701D Polecat Road, Spring Township, Perry County, Pa. August 17, 2000 $114,000 1,232 square feet. $92.53 per square foot. SALE NO. 2: Location: Date of Sale: Sale Price: Size: Unit Price: R.D. #1, Box 463A, New Bloomfield, Perry County, Pa. August 15, 2000 $99,000 1,300 square feet. $76.15 per square foot. SALE NO. 3: Location: Date of Sale: Sale Price: Size: Unit Price: R.K #1, Box 534, Liverpool, Perry County, Pa. March 31, 2000 $84,000 1,400 square feet. $60.00 per square foot. The appraiser, in addition to the sales listed, also Considered several additional sales in arriving at his final opinion of value. On the Sales Comparison Analysis form that follows this page are dollar adjustments reflecting market reaction to those items of significant variation between the subject and comparable properties. If a significant item in the comparable property is superior to, or more favorable than, the subject property, a minus (-) adjustment is made, thus reducing the indicated value of the subject; if a significant item in the comparable is inferior to, or less favorable than, the subject property, a plus (+) adjustment is made, thus increasing the indicated value of the subject. After making all of the necessary adjustments, it is the appraiser's considered opinion that the indicated value of the subject property by the Sales Comparison Approach is $103,000. 8 SALES COMPARISON ANALYSIS ITEM SUBJECT COMPARABLE #1 COMPARABLE #2 COMPARABLE #3 Polecat Road 701D Polecat Road ILD. #1, Box 463A R.IL #1, Box 534 Address Spring Township Spring Township New Bloomfield Liverpool :.:.:.:.:.:: ::::: ::::::::::::::::::::::::::::::::::::: ................. :::::::::::::::::::::::::::::::::::::::::: Da~a So~t~e Inspection C~;u al Penn Multi-List C~ih al Perm M,Iq-List Central Penn Multi-List ADJUSTMENTS DESCRIFflON DESCRIFHON $ Adjust. DESCRIFHON $ Adjust. DESCRIPTION $ Adjust. Concessions VA -2,000 None None Date of Sale / Time As of 9-26-01 8-17-00 g-15-00 3-3140 Location Average Similar Similar Simiim' Site / View 25.13 acres 2.56 acres +22,600 6.00 acres +19,100 1.82 aorea +23,300 Design and Appeal One-story d~ehed Similar I ~..Story deta_o_ll~ Simib*r Co~i.~uetion Concrete block Brick and vinyl -7,000 Wood V'myl siding -5,000 Age 43 years 12 tears -11,400 14 years -9,900 44 y~u~ Condition Average Sup~ior -5,000 Superior -5,000 Superior -5,000 Above Grade Tot. Bcd. Bath Tel. Bed. Bath Tot Bed. Bath Tot. Bed. Bath Room Count 3 1 1 5 3 2 -6,000 6 3 1 ~ -7,000 5 2 I -4,000 Gross Living Area 1,568 ?re_re fe~t 1,232 square feet +10,100 1,300 square feet +8,000 1,400 ~Ln~_~_~e feet +5,000 Basement &Fgn:*:,~l Full bas~a-~-at, 50% Rooms Below Grade Concrete slab fmishecL -8,000 Full basement -5,000 Full basement -5,000 Functional Utility_.~ Avera e Similar Similar ~~ Similar ~ 2 woodbmg, stoves Heat~_~ -5,000 Oil hot water -3,0~ Oil hot water -3,~ ~ None 1-~ar~_~__~___ -l,~-'---- 2~ars~_ -6,0-&---- l~r~rt -2,000 Porches, Patios Two porches, storage Wraparound wood ~ ~ ~ Pools, e~. bldg., paviliom dee. lc +1,000 Wood deck +2,000 Porch +3,000 Special En~ r,Y Typical for the Efficient Items ~giom Similar Similar Similar ~ ~ace. None +1,000 Othor(e. gkitchen ~ ~ F' lac~ ~ F~eplae__.~__e ~ --~ equip., remodeling) Built-ins. Similar Similar Similar -- -10,700 _ -6,800 ~ Indicated Value +7,300 FINAL INDICATED VALUE OF SUBJECT PROPERTY: $103,000 9 CORRELATION Correlation may be defined as "the bringing together of parts in a proper relationship." The parts of this appraisal report are the following approaches to value your appraiser used: Value Indicated by Cost Approach $119,000 Value Indicated by Sales Comparison Approach $103,000 These approaches are representative of the market value of the subject property. I have carefully reexamined each step in each method, and I believe the conclusions accurately reflect the attitude of typical purchasers of this type property in this neighborhood. It is my belief that this reexamination has confirmed the original conclusions. The Cost Approach will result in an excellent estimate if all elements are figured accurately, because no prudent person will pay more for a property than the cost to produce a substitute property with equal desirability and utility. Purchasers of the type of dwelling typical of the subject property are more concerned with amenities than with hypothetical replacement of the property. The value of the cost approach is not disregarded, but given less weight because more errors in judgment can be made in this approach. The Sa/es Comparison Approach was based on several recent sales of properties similar to that of the subject, all of which are located in the same general' area. The adjusted sales prices are. most consistent under comparison. This approach is the most reliable because it reflects the reactions of typical buyers and sellers in the market. Therefore, as a result of this appraisal and analysis, it is this appraiser's considered judgment and opinion that the Market Value of the subject property, as of September 26, 2001, is: ONE HUND~D AND THREE THOUSAND DOLLARS $103,000 10 UNDERLYING ASSUMPTIONS AND LIMITING CONDITIONS SUBJECT TO THIS APPRAISAL I assume no responsibility for matters legal in nature, nor do I render any opinion as to the title, which is assumed to be marketable. The property is appraised as though under responsible ownership. The legal description used herein is correct. I have made no survey of the property, and the boundaries are taken from records believed to be reliable. -4. I assume that there are no hidden or unapparent conditions of the property, subsoil or structures which would render it more or less valuable. I assume no responsibility for such conditions or for engineering which might be required to discover such factors. 5. The information, estimates, and opinions furnished to me and contained in this report were obtained from sources considered reliable and believed to be true and correct. However, no responsibility for accuracy can be assumed by me. 6. This report is to be used in its entirety and only for the purpose for which it was rendered. Neither all nor any part of the contents of this report (especially any conclusions as to value, the identity of the appraiser or the firm with which he is connected) shall be reproduced, published, or disseminated to the public .through advertising media, public relations media, news media, sales media, or any other public means of communication, without the prior written consent and approval of the appraiser. This appraisal was prepared for the exclusive use of the client identified in this appraisal report. .The information and opinions contained in this appraisal set forth the appraiser's best judgment in light of the information available at the time of the preparation of this report. Any use of this appraisal by any other person or entity, or any reliance or decisions based on this appraisal are the sole responsibility and at the sole risk of the third party. The appraiser accepts no responsibility for damages suffered by any third party as a result of reliance on or decisions made or actions taken based on this report. 11 CERTIFICATE OF APPRAISAL Your appraiser hereby certifies that: 1. The statements of fact contained in this report are true and c°rrect. The reported analyses, opinions, and conclusions are limited only by the reported assumptions and limiting conditions, and are my personal, impartial, and unbiased professional analyses, opinions, and conclusions. 3. I have no present of prospective interest in the property that is the subject of this report, and no personal interest with respect to the parties involved. 4. I have no bias with respect to the property that is the subject of this report or to the parties involved with this assignment. 5. My engagement in this assignment was not contingent upon developing or reporting predetermined results. o My compensation for completing this assignment is not contingent upon the development or reporting of a predetermined value or direction in value that favors the cause of the client, the amount of the value opinion, the attainment of a stipulated result, or the occurrence of a subsequent event directly related to the intended use 'of this appraisal. To the best of my knowledge and belief, the statements of fact contained in this appraisal report, upon which the analyses, opinions, and conclusions expressed herein are based, are true and correct. ° This appraisal report sets forth all of the limiting conditions (imposed by the terms of my assignment or by the undersigned) affecting the analyses, opinions, and conclusions contained in this report., This appraisal report has been made in conformity with the Uniform Standards of professional Appraisal Practice adopted by the Appraisal Standards Board of the Appraisal Foundation, and is subject to/he requirements of the Code of Professional Ethics and Standards of Professional Conduct of the National Association of Realtors Appraisal Section. 12 10. No one other than the undersigned prepared the analyses, conclusions, and opinions concerning real estate that are set forth in this appraisal report. Cendied General Appraiser GA-000014-L 13 PHOTOGRAPHS OF THE SUBJECT IMPROVEMENTS ' ~ SCHEDULE E CASH, BANK DEPOSITS, & MISC. COM~ONWE~T. OF.EN.SYLVAN,A PERSONAL PROPERTY INHERITANCE TAX RETURN RESIDENT DECEDENT Morrison, Teddy R. 21 - 02 - 0110 Include the proceeds of Iitiga. tion and the. date.the_ proceeds were received by the estate. All property Jointly-owned with the right of eurvlvomhlp must be dlsc,osed on scneduis r. ITEM DESCRIPTION VALUE AT DATE NUMBER 1 2 3 ' i9-9~ Po?d'P~-uru~LXg~3hn 4-D;¥al~b~u~$~'K-elley-g'ftie Bo~-k~-attac-lied. 1994 Ford F 150 Long bed pickup track, value based upon Kelley Blue Book, attached. 16' Grumman flat bottom boat with trailer, value based upon attached appraisal ofKevin M. Wickard, auctioneer. TOTAL (Also enter on Line 5, Recapitulation) OF DEATH ........ ~2,70~o0~ 5,260.00 1,000.00 il,S30.00 ' Kelley Blue Book Used Car Values Page 1 of 2 Th~ Trusted ) New Car Pricing Build a Car' IncenUves My Car's Value Used Car Ret~it Buy a New Car Buy a U~Ki Car Sell Your Car Motorcycles Financing InSur&nce Lemon Check Warranties ~ries Car Reviews Car Previews DeciMon Guides Advice About kbb Home kbb~com All three credit bureaus Click on the image above to visit this advertiser Blue Book Private Party Report Pennsylvania · May 8, 2002 1999 Ford Taurus LX Sedan 4D Buy.a New Car Buy a Used _Ca_r Lis~_y_o~ur ~ar For.~a!e Oo!!ne Financing Quote Tnsurance Quote Warranty Quote P_a_3~meo~.__Calcu I a~t~_r_ Engine: V6 3.0 Liter Trans: Automatic Drive: Front Wheel Drive Mileage: 14,000 Equipment Air Conditioning Power Steering Power Windows Power Door Locks Tilt Wheel AH/FH Stereo Dual Front Air Bags Consumer Rated Condition: Good "Good" condition means that the vehicle is free of any major defects. The paint, body and interior have only minor (if any) blemishes, and there are no major mechanical problems. Tn states where rust is a problem, this should be very minimal, and a deduction should be made to correct it. The tires match and have substantial tread wear left. A clean title history is assumed. A "good" vehicle will need some reconditioning to be sold at retail; however major reconditioning should be deducted from the value. Host recent model cars owned by consumers fall into this category. Private Party Value $8,270 Private Party value represents what you might expect to pay for a used car when purchasing from a private party. Tt may also represent the value you http://kbb.com/kb/ki.dll/kw.kc.ur?kbb;596203&;p&722;Ford; 1999%20Taurus&4;FO;W5& 5/8/02 Kelley Blue Book Used Car Values might expect to receive when selling your own used car to another private party. A. , ~"¥';':' i' 'i'~ Get a Used Car Trade-In Value Get Invoice & MSRP on New Cars Page 2 of 2 http://kbb.com/kb/ki.dll/kw.kc.ur?kbb;596203 &p&722;Ford; 1999%20Taurus&4;FO;W5& 5/8/02 Kelley Blue Book Used Car Values Page 1 of 1 Blue Book New Cra' Pricing Build a Car Incentives My Car's Value Used Car Retail Buy a New Car Buy a Used Car Sell Y~ur Car Motorcydes Financing Insurance Lemon Check Warranties ~ries Car Reviews Car previews Decision Guides About kbb Home The Trusted Resource Blue Book Private Party Report Pennsylvania · May 8, 2002 1994 Ford F150 Long Bed Engine: V8 5.0 Liter Trans: Automatic Drive: 2 Wheel Drive Mileage: 52,000 Equipment XLT Air Conditioning Power Steering Buy a New Car. B.uy a Used Car Li~_t._.Yp.u r_Ca r?or ~_aJ_~_Q_n._l i _n._e Financing Quote_ Insurance Quo~;e wa rra nt~_u_ote Payrnent .Calculator AM/FM Stereo Pickup Shell/Cap Consumer Rated Condition: Fair "Fair" condition means that the vehicle probably has some mechanical or cosmetic defects, but is still in safe running condition. The paint, body and/or interior need work to be performed by a professional in order to be sold. The tires need to be replaced. There may be some repairable rust damage. The value of cars in this category may vary widely. A clean title history is assumed. Even after significant reconditioning this vehicle may not qualify for the Blue Book Suggested Retail value. Click to vi: Private Party Value $$,260 Private Party value represents what you might expect to pay for a used car when purchasing from a private party. It may also represent the value you might expect to receive when selling your own used car to another private part~k. Get a Used Car Trade-In Value Get Invoice & H_$RP on New Cars COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Morrison, Teddy R. Debts of decedent must be reported on Schedule I. ITEM NUMBER DESCRIPTION A. FUNERAL EXPENSES: 1 Ewing Brothers Funeral Home, funeral bill 2 Robert M. Wickard & Sons, burial lot 3 Carl Stasyszn, catered family meal. 4 Carlisle Memorial Service, headstone and engraving. 'FILE NUMBER 21 -02-0110 AMOUNT 8,073.00 300.00 421.35 2,885.00 ADMINISTRATIVE COSTS: Personal Representative's Commissions Social Security Number(s) / EIN Number of Personal Representative(s): Street Address City State Zip Year(s) Commission paid Attorney's Fees Dale F. Shughart, Jr. (estimated) Family Exemption: (If decedenrs address is not the same as claimant's, attach explanation) Claimant Shirley A. Mordson Street Address 201 Easy Road City Carlisle Relationship of Claimant to Decedent 4. Probate Fees State PA Zip 17013 Spouse 2,500.00 3,500.00 75.00 5. Accountant's Fees 6. Tax Return Preparer's Fees Other Administrative Costs Diversified Appraisal, real estate appraisal. William Bunt, Esquire, abstract of title. 75.00 88.00 Total of Continuation Schedule(e) TOTAL (Aisc enter on line 9, Recapitulation) 51.50 17,968.85 COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Morrison, Teddy R. ~H Recorder of Deeds, recording Deed. FILE NUMBER 21 - 02- 0110 26.50 4 Register of Wills, filing Inheritance Tax Remm and Inventory. 25.00 Page 2 of S~hedule H · ' .~ SCHEDULE I DEBTS OF DECEDENT. MORTGAGE COMMO.WEA'TH Or.EN.SY'VA.,A LIABILITIES, & LIENS INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Morrison, Teddy R. FILE NUIBER 21 -02- 0110 Include unrelmbursed medical expenses. ITEM NUMBER DESCRIPTION AMOUNT I The Sentinel, ball for classffied ad. 39.00 2 3 4 5 6 7 8 9 10 NCO Financial Systems, account balance. Quantum Pit, balance due. Carlisle Regional Medical Center, balance due. Central PA Hematology, balance due Carlisle Imaging, balance due Carlisle Hospital Cancer Center, balance due. Carlisle Digestive Disease Associates, balance due. Critical Care Systems, balance due. RPC Associates, balance due. TOTAL (Aleo enter on Une 10, Recapitulation) 192.00 85.00 256.00 146.00 11.00 7.00 15.00 12.00 14.00 777.00 COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Morrison, Teddy R. NUMBER I. 1 SCHEDULE J BENEFICIARIES FILE NUMBER 21 - 02- 0110 RELATIONSHIP TO NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY DECEDENT ..... Do Not Mit Tmsble(i) TAXABLE DISTRIBUTIONS (include outright spousal distributions) Shirley A. Morrison Wife 201 East Road Carlisle, PA 17013 The total value of the Estate for distribution is less than S30,000. There is no distribution to other Intestate Heirs being the decedent and surviving spouse's three daughters. AMOUNT OR SHARE OF ESTATE 18,673.15 Judy A. O'Hara 49 West Oakwood Drive Carlisle, PA 17013 Patricia D. Langston #9 Marinine Street Searcy, AK 72143 Daughter Daughter -0.00 -0.00 Enter dollar amounts for distributions shown above on lines 15 through 17, as appropriate, on Rev 1500 cover sheet NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX 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 COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF NUMBER I, SCHEDULE J BENEFICIARIES continued Morrison, Teddy R. FILE NUMBER 21 -02-0110 RELATiONSHiP TO NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY DECEDENT ............ DoNot Llat Trustee(,,) TAXABLE DISTRIBUTIONS (include outright spousal distributions) 4 Amy L. Martin Daughter 50 Oak Hill Road Carlisle, PA 17013 AMOUNT OR SHARE OF ESTATE -0.00 Page 2 of Schedule J Register of Wills of Cumberland County, Pennsylvania INVENTORY Estate of Morrison, Teddy R. also known as , Deceased No. 21-02-0110 Date of Death 9/26/2001 Social Secudty No. 194-26-7004 Shirley A. Morrison The Personal Representative(s) of the above Estate, deceased, vedfy that the items appearing in the following Inventory include all of the personal assets wherever situate and all of the real estate located in the Commonwealth of Pennsylvania of said Decedent, that the valuation placed opposite each item of said Inventory represents its fair value as of the date of the Decedent's death, and that the Decedent owned no real estate outside of the Commonwealth of Pennsylvania except that which appears in a memorandum at the end of this Inventory. I/We vedfy that the statements made in this Inventory are true and correct. I/We understand that false statements herein are made subject to the penalties of 18 Pa. C. S. Section 4904 relating to unswom falsification to authorities. Attorney: Dale F Shughart, Jr. Esquire I.D. No.: 19373 Personal Representative Signature: ~~(~n_e M (~/V~ Signature: Signature: Address: Telephone: 35 E. High Street, Suite 203 Carlisle, PA 17013 (717) 241-4311 Personal Property Address: 201 Easy Road Carlisle, PA' 17013 Telephone: 1999 Ford Taurus LX Sedan 4D, value based upon Kelley Blue Book, attached. 8,270.00 1994 Ford Fl50 Long bed pickup track, value based upon Kelley Blue Book, attached. 5,260.00 16' Gmmman flat bottom boat with miler, value based upon attached appraisal of Kevin M. Wickard, auctioneer. Total P®monal Property 1,000.00 $14,530.00 CD (Attach additional sheets if necessary) Total Per,mini l~opertT' and Real F_.,~tate S37,419.00 Register of Wills of Cumberland County, Pennsylvania Estate of Morrison, Teddy R. also known as INVENTORY continued , Deceased No. 21-02-0110 Date of Death 9/20/2001 Social Security No. 194-26-7004 Real Estate A two-ninth (2/9) ownership interest in 25.1348 acres of land improved with a one-story hunting cabin, situate on Polecat Road, Spring Township, Perry County, PA, known as Perry County Tax Parcel #240 180.00.075.000. Value based on attached appraisal of Larry E. Foote (103,000 x .2222). 22,889.00 Total Real Estate $22,889.00 2 STATUS REPORT UNDER RULE 6.12 Name of Decedent: Teddy R. Morrison Date of Death: September 26, 2001 Admin. No. 21-02-110 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: 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 No X b. The separate Orphans' Court No. (if any) for the personal representative's account is: c. Did the personal representative state an account informally to the parties in interest? Yes X No 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 7?is report. Date: June 27, 2002 ~~ ~A le F. S~ '~r,eDa ug , ~r., ~squire 35 East High ~, Sure 203 Carlisle, PA 170 (717) 241-4311 Counsel for Personal Representative BUREAU OF ZNDTV/DUAL TAXES TNHERTTAHCE TAX DIVISION DEPT. Z80601 HARRISBURg, PA 171Z8-0601 DALE F SHUGHART JR ESQ STE 20~ 35 E HIGH ST CARLISLE ~ki117015 COMMONNEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLONANCE OR DISALLOMANCE OF DEDUCTIONS AND ASSESSMENT OF TAX REV-I~7 EX AFP DATE 06-Iq-ZOO2 ESTATE OF MORRISON DATE OF DEATH 09-Z6-ZO01 FILE NUMBER 21 02-0110 COUNTY CUMBERLAND ACN 101 Aeoun~ Rae J.t~ed TEDDY R MAKE CHECK PAYABLE AND REMTT PAYMENT TO: REGISTER OF MILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 CUT ALONG THIS LINE ~ RETA]:N LONER PORTION FOR YOUR RECORDS ~ REV-1547 EX AFP (01-0:~) NOTICE OF TNHERZTANCE TAX APPRAISEMENT, ALLONANCE OR DZSALLONANCE OF DEDUCTIONS AND ASSESSMENT OF TAX ESTATE OF MORRISON TEDDY R FILE NO. 21 02-0110 ACN 101 DATE 06-2q-200Z TAX RETURN NAS: [ X) ACCEPTED AS FTLED ( ) CHANGED RESERVATION CONCERN]:NG FUTURE INTEREST - SEE REVERSE APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. Real Estate (Schedule A) (1) 2. Stocks and Bonds (Sch®dula B) (2) 3. Closely Held Stock/Partnership Interest (Schedule C) ($) q. Mortgages/Notes Receivable (SchaduZa D) (q) $. Cash/Bank Deposits/Misc. Personal Property (Schedule E) (5) 6. Jo/ntly Owned Property (Schedule F) (6) 7. Transfers (Schedule G) (7) 8. Total Assets APPROVED DEDUCTIONS AND EXEMPTIONS: 9. Funeral Expanses/Ada. Costs/Misc. Expenses (Schedule H) (9) 10. Debts/Mortgage L/ab/1/t/as/L/ans (Schedule Z) (10) 11. Total Deductions 12. Nat Value of Tax Return ZZ.. 889. O0 .00 .00 .00 lq/530.00 .00 .00 (8) 17,968.85 777.00 (11) (12) 1:5. lq. NOTE: ASSESSMENT OF TAX: 15. Amount of L/ne lq at Spousal rata 16. Amount of L/ne lq taxable at L~neal/CZass A rata 17. Amount of Line lq at S/bl/ng rata 18. Amount of Line lq taxable at Collateral/Class B rata 19. Principal Tax Due TAX CREDITS: PAYMENT RECEIPT DT$COUNT DATE NUMBER TNTEREST/PEN pATD (-) Char/table/Governmental Bequests; Non-elected 9115 Trusts (Schedule J) (15) Nat Value of Estate Subject to Tax (1~.) It= an assess.ant Has issued previously, lines 14, 15 and/or 16, 17, reflect figures that lnclude the total of ALL returns assessed to date. NOTE: To Ansura proper cradlt to your account, submit the upper portAon of th/s fore with your tax payment. 37,q19.00 IF PAID AFTER DATE INDICATED, SEE REVERSE FOR CALCULATION OF ADDITIONAL /NTEREST. 18.7~5.85 18,673.15 .00 18,673.15 18 and 19 will (15) 18,673.15 x O0 : .00 (16) .00 x Oq5= .00 (17) . O0 x 12 = . O0 (18) .00 x 15 = .00 (19)= . O0 AMOUNT PAID TOTAL TAX CREDIT I .00 BALANCE OF TAX DUEl .00 INTEREST AND PEN. .00 TOTAL DUE .00 ( IF TOTAL DUE ~S LESS THAN $1, NO PAYHENT IS REQUIRED. IF TOTAL DUE IS REFLECTED AS A 'CREDZT' (CR), YOU MAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.) RESERVATION: PURPOSE OF NOTICE: PAYMENT: REFUND (CR): OBJECTIONS: ADMIN- ISTRATIVE CORRECTIONS: DISCOUNT: PENALTY: INTEREST: Estates of decedents dying on or before December 12; 1982 -- if any future interest in the estate is transferred in possession or enjoyment to Class B (collateral) beneficiaries of the decedent after the expiration of any estate for life or for years; the Coeaoneealth hereby expressly reserves the right to appraise and assess transfer Inheritance Taxes at the 1aclu1 Class B (collateral) rate on any such future interest. To fulfill the requirements of Section 210`0 of the Inheritance and Estate Tax Act, Act Z~ of ZOO0. (72 P.S. Section 910`0). Detach the top portion of this Notice and submit mithyour payment to the Register of #ills printed on the reverse side. --Hake check or money order payable to: REGISTER OF #ILLS, AGENT A refund of a tax credit, which was nat requested on the Tax Return, nay ba requested by completing an "Application for Refund of Pennsylvania Inheritance and Estate Tax" (REV-ISIS). Applications are available at the Office of the Register of Hills, any of the 23 Revenue District Offices, or by calling the special Z0`-hour answering service for forms ordering: 1-800-562-Z050; services for taxpayers aith special hearing and / or speaking needs; 1-800-0`0`7-3020 (TT only). Any party in interest not satisfied aith the appraisement, a11oeance, or disallowance of deductions, or assessment of tax (including discount or interest) as shown on this Notice must object within sixty (60) days of receipt of this Notice by: --written protest to the PA Department of Revenue, Board of Appeals, Dept. 281021, Harrisburg, PA 171ze-Ioz1, OR --election to have the matter determined at audit of the account of the personal representative, OR --appeal to the Orphans' Court. Factual errors discovered on this assessment should be addressed in writing to: PA Department of Revenue, Bureau of Individual Taxes, ATTN: Post Assessment Review Unit, Dept. 280601, Harrisburg, PA 17128-0601 Phone (717) 787-6505. See page 5 of the booklet "Instructions for Inheritance Tax Return for a Resident Decedent" (REV-1501) for an explanation of administratively correctable errors. If any tax due is paid within three (3) calender months after the decedent's death, a five percent (52) discount of the tax paid is allowed. The 152 tax amnesty non-participation penalty ls computed on the total of the tax and interest assessed, and net paid before January 18; 1996, the first day after the end of the tax amnesty period. This non-participation penalty is appealable in the same manner and in the the same tiaa period as you would appeal the tax and interest that has been assessed as indicated an this notice. Interest is charged beginning with first day of dellnquency, or nine [9) months and cna (1) day from the date of death, to the date of payment. Taxes which became delinquent before January 1, 1982 bear interest at the rate of six (62) percent par annum calculated at a daily rate of .000164. All taxes ehich became delinquent an and after January 1, 1982 w111 bear interest at a rate which will vary from calendar year to calendar year eith that rate announced by the PA Department of Revenue. The applicable interest rates for 1982 through 2002 ara: Year Interest Rate Daily Interest Factor Year Interest Rate Daily Interest Factor 1982 20Z .000548 1992 92 .00020`7 1983 162 .0000`58 1993-1990` 77. .000192 1984 llZ .000301 1995-1998 9Z .00020,7 1985 132 .000356 1999 72 .000192 1986 1gl .000270` 2000 8Z .000219 1987 9Z .00020`7 2001 9Z .00020`7 1988-1991 112 .000301 2002 6Z .000160` --Interest is calculated es follows: INTEREST = BALANCE OF TAX UNPAID X NUMBER OF DAYS DELINQUENT X DAllY INTEREST FACTOR --Any Notice issued after the tax becomes delinquent will reflect an interest calculation to fifteen (15) days beyond the date of the assessment. If payment is made after tho interest computation date shown on the Not/ce, additional interest must be calculated.