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Home My WebLink About04-17-09 (2) J J 1505607121 RE Y -1500 Ex (08.05) OFFICULL USE ONLY PA DepeMlent of Revenue County Code Yeer file Number Buroau of IndMduetTaxa INHERITANCE TAX RETURN Po Box 2ltorbf 2 1 0 8 0 0 8 1 2 Heldsbua PA 17728-OIiOt RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW Socal Security Number Dale of Death Dale of Birth 0 7 2 5 2 0 0 8 0 5 1 5 1 9 1 5 Decadence Last Name Suffix Decedent's First Name MI C H O P M A R I E M (N Applfuble) Enter Surviving Spouse's Infonnatlon Below Spouse's Last Name Suffoc Spouse's First Name MI Spouse's Social Security Number FILL IN APPROPRIATE OVALS BELOW Q t. Original Return ^ 4. Limked Estate ® 8. Decedent Died Testate (Attach Copy of Wilq ^ 9. LHigatlon Proceeds Received THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS ^ 2. SuppkmeMal Return ^ ^ 4a. Future Interost Compromise (date of ^ death after 12-12-82) ^ 7. Decedent Maintained a Living Trust (Attach Copy of TmaQ ^ 10. Spousal Poverty CredA (date of death ^ between 12-31.91 and 1-1-95) 3. Remainder Return (data of death prior to 12-13-82) 5. Federal Estate Tax Return Required S. Total Number of Sefe DepceR Boxes 1 i. Election to tax under Sec. 9173(A) (Attach Sch. O) THIS SECTION MUST SE COMPLETED. Name D A V I D H Firm Name (If Applicabb) R A D C L I F F, IENCE AND CONFIDENTU~I-TAX INFORMATION SHOULD BE DN2ECTED T0: Daytime Telephone Number E S Q 7 1 7 3 6 ~3 1 9 wc+~~ REGIST• LLSUffiONLY,~'-'.I, ~., R A D C L I F F L A W O F F I C E P C '•" ~ ~i ;; ~ ~ First line of address ~ ~ J T_! ,, `, 1 0 1 1 M U M M A R O A D ~a0 a ~~~ ~' ir Sewnd Iine of address ~ - ~ S T E 2 0 1 r City Or Post Office State ZIP Code DATE FILED ~ L E M O Y N E P A 1 7 0 4 3 Conespondencs a-rtlail address: DHRAD~IX.NETCOM.COM ADDRESS 1011 MUMMA RD X201 LEMOYNE PA 17043 PLEASE USE ORIGINAL FORM ONLY Side 1 1505607121 1505607121 J M, SIGNATURE OF PREPARER OTHER THAN REPRESENTATNE DATE ~ ~~ x s 1505607221 REV-1500 EX Decedent's Social Security Number Deceoent's wame. MARIE M• CHOP RECAPITULATION 1. Real estate (Schedule A) ...................................... .. t. 2. Stocks and Bonds (Schedule B) ................................ .. 2. 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C) ... .. 3. 4. Mortgages & Notes Receivable (Schetlule D) ...................... .. 4. s. Cash, Bank Deposits B Miscellaneous Personal Property (Schedule E) ..... .. s. 6. Jointly Owned Property (Schetlule F) ^ Separate Billing Requested ..... .. 8. 7. Inter-Vivos Transfers & Miscellaneous N -Probate Property (Schedule G) ~ Separate Billing Requested ..... .. 7. 8. Total GrossAsaets (total Lines 1-7) ........................... 8. 9. Funeral Expenses B Administrative Costs (Schetlule H) ................ 9. 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) ............ 10. 11. Total Deductions (total Lines 9 & 70) ........................... 11. 12. Net Value of Estate (Line 8 minus Line 11) ......................... 12. 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made (Schedule J) .................. 73. 3 3 6 0 2 1. 3 0 6 3 8 9 3. 0 8 3 8 3 6 4. 4 6 4 3 8 2 7 8. 8 4 1 5 4 6 4. 5 1 1 4 3 5. 6 5 1 6 9 0 0. 1 6 4 2 1 3 7 8, 6 8 14. Net Value SpbJect to Tax (Line 12 minus Line 13) ........... ..... .. 14. 4 2 1 3 7 8 . 6 8 TAX COMPUTATION -SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable al the spousal tax rate, or transfers under Sec. 9116 16. Amount of Line 74 taxable al lineal rate X .045 4 2 1 3 7 8. 6 8 tg_ 1 8 9 6 2. 0 4 17. Amount of Line 14 taxable at sibling rate x .t2 0. 0 0 t7. 0. 0 0 18. Amount of Line t4 taxable at collateral rate X .15 0. 0 0 1 g 0. 0 0 19. Tax Due ................................................ 19. 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT 1 9 9 6 2. 0 4 Side 2 L 1505607221 15 k REV-i50g EX Page3 Fite Number Decedent's Complete Address: z1 os oo61z DECEDENT'S NAME MARIE M. CHOP __ ___ _ _ ___ STREET ADDRESS - ~- 2100 BENT_CFtEEK BLVD CITY ,STATE ~. ZIP MECHANICSBURG PA 17050 Tax Payments and Credits: 1. Tax Due (Page 2 Line 19) 2. CreditslPayments A. Spousal Poverty Credit 8. Prior Payments C. Discount 3. InteresUPenalty if applicable D. Interest E. Penalty (1) 18.962.04 16.600.00 873.66 Total Credits (A + B + C) (2) 17,473.66 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Fill in oval 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. (4) 0.00 (5) 1,488.38 (5A) B. Enter the total of Line 5 +5A. This is the BALANCE DUE. (SB) 1.488.38 Make Check Payable to: REGISTER OF WILLS, AGENT PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No a. retain the use or income of Ne property transferced : ................................................................ ...... ^ 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 occurced after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration? ................................................................................. ...... ^ 3. Did decedent own an "intrust 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 benefciary designation? ............................................................................................. ..... ~ ^ IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. a ~- . ~ ~ ~,_ -, ,- , ,, ,- ~ _,u For dates of death on or a0er July 1, 1994 and before January 1, 1995, the tax rate imposed on the nef value of traosfers to or for the use of the surviving spouse - is three (3) percent [72 P.S. §9116 (a) (1.1) (i)J. For dates of death on or after January 1, 1995, the tax rate imposed on the net value of Uansfers to or for the use of the surviving spouse is zero (0) percent [/2 P.S. §9116 (a) (1.1) (ii)J. The statute does not exempt a transfer to a surviving spouse from taz, and the statutory requirements for disclosure of assets and fling a tax return are still applicable even if the surviving spouse is the only benefciary. for dates of death on or aNer July 1, 2000: The lax 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 hvelve (12) percent [!2 P. S, §9116(a)(1.3)]. Asibling isdefined, under Section 9102, as an individual who has at least one parent in Irommon with the decedent, whether by blood or adoption. Total InteresUPenalty (D +E) (3) 0.00 REV-1503EX~(&98) gCHEDULE B COMMONWEALTH OF PENNSYLVANIA STOCKS & BONDS INHERRANCE TAX RETURN RESN~NT DECEDENT ESTATE OF FILE NUMBER MARIE M. CHOP 21 08 00812 AN propsrry JdMlyownad vANI rINM of survlvonhip moat M dbcbaed on SehaduN F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. 147 SH PRUDENTIAL FINANCIAL (c~$64.44 11,230.80 2. 1337 SH SOVEREIGN BANK 0#8.40 9,472.68 3. 6979.734 SH JENNDRY JENN UTILITY FUND (41$12.42 86,683.51 4. 24299.734 SH DRYDEN HI YLD BD FD x$5.24 127,330.61 5. 9406.10 SH DRYDEN SHORT TEM CORP x$10.77 101,303.70 TOTAL (Also enter on line 2, Recapitulation) ~ S (N mare apace b needed, been addNbnal sheeb ofthe same slas) REV-1508 EX t (&98) SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY Include dre~ of Iitlgetlon and dre date dle piooeeda were received hY dre estab. All propargr ~ovmed vAlh rbM of nurvWonhb must M dhebned on &heduN F. ITEM UMBE 1. 2. SOVEREIGN BANK ACCT #0924088125 3. SOVEREIGN BANK ACCT #2331032386 4. SOVEREIGN BANK ACCT #0925160103 5. REFUND -BRIDGES AT BENT CREEK 6. PERSONAL PROPERTY (SEE ATTACHMENT) 7. DRYDEN GOVT SEC TRUST MONEY MARKET (AGCY #8020-7494) 8. DRYDEN GOVT SEC TRUST MONEY MARKET (ACCT #30347749) (H mae apace is ceded, TOTAL (Also enter on Ilne 5, Recapitulation) ~ S wheels oithe same size) 21,892.76 2,106.42 27,193.81 193.10 785.00 8,321.71 813.74 ESTATE OF MARIE M. CHOP FILE N0.21-08-00812 S.S. # 160-34-0192 ATTACHMENT. PERSONAL PROPERTY Loveseat 2 Recliners TV Unit Bedroom Set TV 3 End Tables Lamp 3 Mirrors $ 250.00 240.00 25.00 160.00 15.00 30.00 5.00 60.00 $ 785.00 R€V-1510 Exi (&9e) COMMONNIFALTH OF PENNSYIVANUI INHERITANCE TAX RETURN SCHEDULE G INTER-VIVOS TRANSFERS 8r MISC. NON-PROBATE hROPERTY MARIE M. CHOP 21 OS 00812 This sd~edule must be comple0ed amt gled'd the artisxer to any of quesfions 7 through 4 on the reverse side of the REV•7500 COVER SHEET k yes. ITEM NUMBER DESCRIPTION OF PROPERTY uxxuoEnrtxwtar~Twv+e~[n~ea~noxexprooscsaunum '"E°"h°F'e"xa~'"mac""mrv°F'"E°Em w"w~usxr"h. DATE OF DEATH VALUE OF ASSET %OF DECD'S INTEREST EXCLUSION P~ TAXABLE VALUE 1. AIG ANNUITY #AN201965 38,364.46 100. 0.00 38,364.46 TOTAL (Also enter on line 7 RecapiNlation) ~ S 38 364 46 (If more apace Is needed, Heart additlonal sta3em d the same size) + REV-1511 EX+(70.08) SCHEDULE H COMMONWEALTH OF PENNSYLVANIA FUNERAL EXPENSES & INHERITANCE TAX RETURN oeeineur nereneur ADMINISTRATIVE COSTS ESTATE OF FILE NUMBER MARIE M. CHOP 21 08 00812 Debts of decadent must be reported on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1. BAGGUS FUNERAL HOME 1,100.00 2. MINISTER HONORARIUM -REV. WM H STOTLER 300.00 B. ADMINISTRATIVE COSTS: Personal Representative's Canmissions Name of Personal Representative (s) Street Address City Year(s) Commission Paid: _ State Zip Z AtlomeyFees RADCLIFF LAW OFFICE, P.C. 3. Family Exemption: (If decedents address n not Me same as daimants, alladl explanation) Claimant Street Address Ciry State _ Relationship of Claimant to Decedent 4. Probate Fees 6 Aaroungnts Fees 6. Tax Realm Preparer's Fees 7. LEGAL ADVERTISING 8. LEGAL ADVERTISING -THE SENTINEL 9. FILING FEES 10. ADDITIONAL PROBATE 11. EXECUTOR'S EXPENSE -CLEANING 75.00 118.72 30.00 50.00 224.42 TOTAL (Also enter on line 9, Recapitulation) I S , ~ .... ~. 13,148.37 Zip 418.00 space is needed, insert additional sheets of the same sae) REV-7572 EX ~ (72-03) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN SCHEDULEI DEBTS OF DECEDENT, MORTGAGE LIABILITIES, 8 LIENS MARIE M. CHOP 21 08 00812 Report debts Incurred by the decedent prlorto death which remained unpaid as of the date of death, ineluding unrelmburead medical expenses. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. ALERT PHARMACY 639.00 2. COMMERCIAL ACCEPTANCE CO. 628.35 (SILVER SPRING AMBULANCE) 3. AUDIT SYSTEMS, INC. (SOVEREIGN BANK) 168.30 TOTAL (Also enter on line 10, Recap@ula6on) (If mwe space same S ~ REV-1513 E~i(~ 19-00) SCHEDULE J COAArr10NWEALTH OF PENNSYLVANIA BENEFICIARIES INHERITANCE TAX RETURN RESIDENT DECEbENT MARIE M . CHOP 21 08 00812 RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE 1 TAXABLE DISTRIBUTIONS lindudeaulrightapousaldistributions,andtransfersunder Sec. 9116 (a (1.2)) t. LESLIE A HALL Lineal 19,574.73 1508 DALKEITH DRIVE MECHANICSBURG, PA 17050 2. JENNIFER DEININGER Lineal 19,574.73 1598 MONTVALE CIRCLE WEST CHESTER, PA 19380 3. SOVEREIGN BANK, TRUSTEE OF Lineal 191,114.61 TRUST FOR LESLIE A. HALL U/W 235 N SECOND ST, HBG, PA 17101 4. SOVEREIGN BANK, TRUSTEE OF Lineal 191,114.61 TRUST FOR JENNIFER DEININGER, UNV 235 N SECOND ST, HBG, PA 17101 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 T HROUGH 18, AS APPROPRIATE, ON REV-1500 COVER SHEET II. NON-TAXABL DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE 1. B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS 1. TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET S (It nwre space is needed, insert additional sheets of the same s¢.e) LAST WILL AND TESTAMEN '~ ~; ":;;i `~~ ~' `-~ ~ ~ KNOW ALL MEN BY THESE PRESENTS, that I, MARIE KENNEDY CHOP, currently residing at 65 R Autumn Lane, Enola, Cumberland County, Commonwealth of Pennsylvania, being in good health and of sound and disposing memory do hereby make, declare and publish this as my Last Will and Testament, hereby revoking all former Wills and Codicils heretofore made by me. FIRST: I direct that all of my debts not barred by the statute of limitations, expenses of my last illness, funeral expenses, costs of administration and claims allowed in the administration of my estate shall be paid by my Executor hereinafter named, from my estate as soon after my decease as shall be found convenient. SECOND: All estate, inheritance and death taxes, excluding any generation-skipping transfer tax, resulting from my death shall be paid without apportionment and without reimbursement from any person. THIRD: I give and bequeath my jewelry, clothing, household furnishings and fixtures, chinaware, silver, photographs, works of art, books, automobiles, sporting goods, artifacts relating to my hobbies, and all other tangible articles of household or personal use (not including cash, securities, or trusts), together with any existing insurance thereon, to my husband, ADOLPH CHOP, if he survives me by thirty (30) days. Should my husband ADOLPH CHOP not be living on the thirty-first (3151) day after my death, I bequeath. my jewelry, clothing, household furnishings and fixtures, chinaware, silver, photographs, books, automobiles, sporting goods, artifacts relating to my hobbies and all other tangible articles of households or personal us (not including cash, works of art, securities, or trusts) together with any existing insurance thereon, to my granddaughters LESLIE A. HALL and JENNIFER L. DEININGER, in equal shares. If either of my granddaughters should die before the complete distribution of the tangible personal property, my Executor shall distribute the remainder of her shaze to heathen living descendants, per stirpes. If my granddaughter has no then living ~%%. /~ ~~ descendants, my Executor shall distribute the balance of the tangible personal property to my then living descendants, per stirpes. FOURTH: I give, devise and bequeath the rest, residue and remainder of my estate, whether real, personal or mixed, and of any nature whatsoever and wherever situate, to my husband, ADOLPH CHOP, if he survives me by thirty (30) days. FIFTH: If my spouse is not living on the thirty-first (31 g`) day after my death, my Executor shall divide the remaining trust property into as many shazes as shall be necessary to create one equal shaze for each of my then living granddaughters, and one equal shaze for each of my deceased granddaughters who has then living descendants. A. The share of each granddaughter who survives me shall be distributed as follows: The trust share for LESLIE A. HALL shall be held intrust and administered and distributed as follows: a. My Trustee shall apply to, or for the benefit of LESLIE A. HALL, at least quarterly, all of the net income from her trust share. b. My Trustee, in its sole and absolute discretion, shall apply to, or for the benefit of LESLIE A. HALL, as much of the principal from her trust as my Trustee deems advisable for the health, education, support and maintenance of LESLIE A. HALL. c. LESLIE A. HALL shall have the unlimited and unrestricted general power to appoint, by a valid last will and testament or by a valid trust agreement, the entire principal and any accrued and undistributed net income of her trust share as it exists at her death. In exercising this general power of appointment, LESLIE A. HALL must specifically refer to this power. ~. ~J ~~ LESLIE A. HALL shall have the sole and exclusive right to exercise the general power of appointment. This general power of appointment specifically grants to LESLIE A. HALL the right to appoint property to her own estate. It also specifically grants to her the right to appoint the property among persons, corporations, or other entities in equal or unequal proportions, and on such terms and conditions, whether outright or in trust, as she may elect. To the extent this general power of appointment is not exercised, my Trustee shall distribute the remaining trust property to the then living descendants of LESLIE A. HALL, per stirpes. If LESLIE A. HALL has no then living descendants, my Trustee shall distribute the balance of the trust property to my then living descendants, per stirpes. If! have no then living descendants, my Trustee shall distribute one-half of the remaining trust property to those persons who should be my heirs if I had died intestate owning such property and one-half of the remaining trust property to those persons who should be the heirs of ADOLPH CHOP if he had died intestate owning such property. The distribution of trust property, for purposes of this Paragraph FIFTH, shall be determined by the laws of descent and distribution for intestate estates in the Commonwealth of Pennsylvania as such laws are in effect at the time of a distribution under this Paragraph. 2. The trust share for JENNIFER L. DEININGER shalt beheld intrust and administered and distributed as follows: ~ ~ ~~ i ~~ a. My Trustee shall apply to, or for the benefit of JENNIFER L. DEININGER, at least quarterly, al] of the net income from her trust share. b. My Trustee, in its sole and absolute discretion, shall apply to, or for the benefit of JENNIFER L. DEININGER, as much of the principal from her trust as my Trustee deems advisable for the health, education, support and maintenance of JENNIFER L. DEININGER. c. JENNIFER L. DEININGER shalt have the unlimited and unrestricted general power to appoint, by a valid last will and testament or by a valid trust agreement, the entire principal and any accrued and undistributed net income of her trust share as it exists at her death. In exercising this general power of appointment, JENNIFER L. DEININGER must specifically refer to this power. JEIvTNIFER L. DEININGER shall have the sole and exclusive right to exercise the general power of appointment. ' ~ ~ This general power of appointment specifically grants to JENNIFER L. DEININGER the right to appoint property to her own estate. It also specifically grants to her the right to appoint the property among persons, corporations, or other entities in equal or unequal proportions, and on such terms and conditions, whether outright or in trust, as she may elect. To the extent this general power of appointment is not exercised, my Trustee shall distribute the remaining trust property to the then living descendants of JENNIFER L. DEININGER, per stirpes. If .JENNIFER L. DEININGER has no then living descendants, my Trustee shall distribute the balance of the trust property to my then living descendants, per stirpes. f'}'1, l~ ~; ~ 4 If I have no then living descendants, my Trustee shall distribute one-half of the remaining trust property to those persons who should be my heirs if I had died intestate owning such property and one-half of the remaining trust property to those persons who should be the heirs of ADOLPH CHOP if he had died intestate owning such property. The distribution of trust property, for purposes of this Paragraph FIFTH, shall be determined by the laws of descent and distribution for intestate estates in the Commonwealth of Pennsylvania as such laws are in effect at the time of a distribution under this Paragraph. B. Each shaze set aside for a deceased grandchild who has then living descendants or the remaining trust property of a deceased grandchild's trust share shall be divided into trust shares, per stirpes, administered, and distributed as follows: 1. The surviving natural parent of any great grandchild, who is under the age of 22 when his or her trust share has been created; shall be the beneficiary of the income of that trust share until my great grandchild attains the age of 22. 2. If any descendant of a deceased grandchild is under 33 yeazs of age, then my Trustee shall retain such shaze in trust under the provisions of Paragraph SIXTH. 3. If any descendant of a deceased grandchild is over 33 years of age and is not legally capacitated, my Trustee shall distribute that descendant's shaze outright to the descendant. SIXTH: Administration for Great Grandchildren A. My Trustee may make the distributions called for in this Paragraph in any one or more of the following ways: 1. Directly to a beneficiary. 2. To persons, corporations, or other entities for the use and benefit of the beneficiary. 3. To an account in a commercial bank or savings institution in the name of the beneficiary, or in a form reserving the title, management, and custody of the account to a suitable person, corporation, or other entity for the use and benefit of the beneficiary. 4. In any prudent form of annuity purchase for the use and benefit of the beneficiary. 5. To any person or duly licensed financial institution, including my Trustee, as a custodian under the Uniform Transfers to Minors Act, or any similar act, of any state, or in any manner allowed by any state statute dealing with gifts or distributions to minors or other individuals under a legal disability. 6. To any guardian, agent under a valid power of attorney, or other person deemed by my Trustee to be responsible, and who has assumed the responsibility of caring for the beneficiary. B. If any trust property becomes distributable to a beneficiary when the beneficiary is under 33 yeazs of age, my Trustee may retain that beneficiary's share in a sepazate trust until he or she attains 33 years of age, and administer that share as follows: 1. My Trustee shall apply to or for the benefit of the beneficiary as much of the net income (after the age of 22) and principal of the trust as my Trustee, in its sole and absolute discretion, deems necessary or advisable for the beneficiary's education and health. In making any distributions of income and principal under this Pazagraph, my Trustee shall be mindful of, and take into consideration to the extent it deems necessary, any additional sources of income and principal available to the beneficiary which arise outside of this agreement. Any net income not distributed to a beneficiary shall be accumulated and added to principal. /~~ /~/ ~ ; ~. 2. My Trustee shall also distribute income and principal for the benefit of the beneficiary as follows: When a beneficiary reaches the age of 22, or if on the creation of his or her trust shaze, he or she has already attained the age of 22, my Trustee shall begin distributing the income of that trust shaze to the beneficiary in quarterly or more convenient installments and shall distribute one-fourth of the trust shaze accumulated net income and principal, as it is then constituted, to the beneficiary, free of the trust. When a beneficiary reaches the age of 30, or if on the creation of his or her trust share, he or she has already attained the age of 30, my Trustee shall distribute one-half of the trust share accumulated net income and principal, as it is then constituted, to the beneficiary, free of the trust. MyTrustee shall distribute the balance of the trust share accumulated net income and principal, as it is then constituted, to the beneficiary, free of the trust, when he or she attains the age of 33. 3. If a beneficiary should die before the complete distribution of his or her trust, .the trust shall terminate and all of the trust property shall be distributed to such persons, corporations, or other entities, including the beneficiary's own estate, in the manner in which the beneficiary shall elect. This general power of appointment must be exercised by the beneficiary by either a valid living trust or last will and testament, either of which specifically refers to this power of appointment. To the extent this general power of appointment is not exercised, my Trustee shall distribute the remaining trust property to the then living descendants of the beneficiary, per stirpes. If the beneficiary has no then living descendants, my Trustee shall distribute the remaining trust property to my then living descendants, per stirpes. If I have no then living descendants, my Trustee shall distribute one-half of the remaining trust property to those persons who should be my heirs if I had died ?~~ . ~ ~ ', ~a ' •i intestate owning such property and one-half of the remaining trust property to those persons who should be the heirs of ADOLPH CHOP if he had died intestate owning such property. The distribution of trust property, for purposes of this Paragraph, shall be determined by the laws of descent and distribution for intestate estates in the Commonwealth of Pennsylvania as such laws are in effect at the time of a distribution under this Paragraph. 4. My Trustees may make payments to or on behalf of any person who is the beneficiary of any trust hereunder but in no event, however, shall payments be made to any creditor or other such person because of anticipation of payment by the beneficiary, and any such claim made by way of anticipation by the beneficiary shall be of no validity or legal effect: 5. My Trustees, at their discretion, may exhaust all of the principal and income in carrying out the purposes of this trust and should the amount held intrust be or become so small as to make it impractical or economically unfeasible to continue holding said amount in trust, the Trustee may, at their discretion, pay the total amount of said trust directly to the beneficiary or to a parent or guazdian of said beneficiary or place said amount in a savings account for the benefit of said minor until said minor becomes of age. SEVENTH: I hereby nominate, constitute, and appoint my husband ADOLPH CHOP, as Executor of this, my Last Will and Testament. In the event that ADOLPH CHOP shall predecease me, or be unwilling or unable to act as my Executor, as aforesaid, then I nominate, constitute and appoint LESLIE A. HALL, to serve without compensation, without necessity for posting security regazdless of state of residence, as Executor of this, my Last Will and Testament. EIGHTH: The initial Trustees for any trust shaze created under this Will shall be the then current adult income beneficiary and Waypoint Bank. No Trustee shall be required to post security regardless of state ofresidence. 9~~, ~/ , C. ~a Any Trustee for any trust share may be removed by the beneficiary then eligible to receive mandatory or discretionary distributions of net income from that trust share. Notice of removal must be in writing but need contain no reason, grounds or cause for removal. Removal shall be effective upon the acceptance of the trusteeship by a successor Trustee selected as specified in this Paragraph EIGHTH. The beneficiary then eligible to receive mandatory or discretionary distributions of net income from that trust share shall name a corporate fiduciary as successor Trustee for the respective trust share whenever a vacancy occurs or may be created by removal so that there is at all times a corporate Trustee and so that an individual person does not act as sole Trustee., Any corporate fiduciary appointed under this Will shall be a bank or trust company having trust powers under applicable state law. NINTH: My Executor and Trustee shall have, in addition to the powers and authority conferred upon them by law, the following additional powers and authority: 1. To sell at public or private sale, exchange, lease, mortgage or pledge any property, real or personal, at any time constituting a portion of a trust or my estate, and upon such terms and conditions as the Executor or Trustee shall deem wise. 2. To invest any money at any time in such bonds, stocks, notes, real estate, mortgages, life insurance, annuities or other securities, or such property, real or personal, as the Executor or Trustee shall deem wise, without being limited by any statutes or rule of law regazding investments by the Executor or Trustee. 3. To retain, without incurring any liability, as investments, any property owned by me at the time of my death, as long as they deem it wise, and even though such property is not the kind of property an Executor or Trustee would purchase as an investment; and even though to retain such property might violate sound diversification principles; and to make any division, distribution or partition of the estate or trust property in cash or kind, or partly in cash and partly in kind, pro rata ornon-pro rata. ~. '. 4. To cause any security or other property which may constitute a portion of a trust or of my estate to be issued, held or registered in their own name, or in the name of a nominee, or in such form that title will pass by delivery. 5. To consent to the reorganization, consolidation, readjustment of the financial structure, or sale of the assets of any corporation or other organization, the securities of which constitute a portion of a trust or of my estate, and to take any action with reference to such securities which, in the opinion of the Executor or Trustee is necessary to obtain the benefit of any such reorganization, consolidation, readjustment or sale; to exercise any conversion privilege or subscription right given to them as owner of any securities constituting a portion of a trust or of my estate resulting ' • ' ~ fmm any reorganization, consolidation, readjustment, sale, conversion or subscription. 6. To pay all costs, taxes, charges and expenses in connection with the administration of a trust or of my estate, including such compensations to Executor or Trustee which shall be in accordance with established fees throughout the period of administration of a trust or of my estate. ~. 7. To determine what is "income" and what is "principal" hereunder, and their decision thereon shall be final; and to purchase securities at a premium or discount, and to apply or chazge said premium or discount against income or principal as the Executor or Trustee may determine. 8. To borrow money from any person, firm or corporation, including any corporation acting as an Executor or Trustee hereunder, for the purpose of protecting and preserving or improving my estate or trust hereunder; to execute promissory notes or other obligations for amounts so borrowed upon such terms and conditions as they deem advisable. 9. To employ legal counsel, accountants, brokers, investment advisors, custodians, managers and other agents and employees and to pay them reasonable compensation out of my estate or any funds held hereunder to which said compensation is attributable. ~j~~, /T~ ~, ,o ~,~.,•. 10. To carry on any business owned or controlled by me at my death for whatever period of time they shall think proper, and they shall have the power to do any and all things they deem necessary or appropriate, including the power to close out, liquidate or sell the business at such time and upon such terms as to them shall deem best. 11. The Executor or Trustee may, but shall not be required to, prepare and file accountings with any Court. Prior to delivering all of the property of any trust hereunder to a successor Tmstee or to making any partial or complete distribution of trust principal or of my estate assets, the Executor or Trustee may require an approval of its accounting either by a release and discharge by the beneficiary or beneficiaries of any such trust or by a Court of competent jurisdiction. All of the Executor's or Trustee's fees and expenses (including reasonable attorney's fees) attributable to any such accounting and approval shall be paid by such trust. 12. The Trustee in its sole and absolute discretion may terminate any trust hereunder at any time it determines that the aggregate value of the trust property renders continued administration economically infeasible and, upon such termination, shall pay over the remaining trust property to the income beneficiary or, proportionately, the income beneficiaries thereof (or to a pazent or legal guazdian in the case of a minor beneficiary). Upon such termination, the remainder interest in such trust shall be extinguished and the Trustee shall be accountable with respect to such trust only to such income beneficiary or beneficiaries (or to a parent or legal guardian in the case of minor beneficiary). 13. To minimize any tax in respect of any trust, or any beneficiary thereof, or for such other purpose as it deems appropriate, the Trustee may in its sole and absolute discretion remove all or any part of the property of, or the situs of administration of, such trust from one jurisdiction to another and elect, by an instrument filed with the trust records, that thereafter such trust shall be construed, regulated and governed as to administration by the laws of such other jurisdiction. 14. To do all other acts in their judgment necessary or desirable for the proper and advantageous management, investment and distribution of a trust or of my estate. \~l ~ /~ ,/~, t i , + ,~ IN WITNESS WHEREOF, I, MARIE KENNEDY CHOP, the Testator to this, my Last Will and Testament, typewritten on twelve sheets of paper which I have identified at the bottom of each page by my initials, hereunto set my hand and seal the ' ~,~ day of ~~ 2004. ~i ~ ~~ , MARIE NNEDY OP The preceding instrument consisting of this and eleven other typewritten pages, each identified by the initials of the Testator, MARIE KENNEDY CHOP, this day and date thereof signed, published and declared by MARIE KENNEDY CHOP, the Testator therein named, as and for her Last Will, in the presence of us who, at her request, in her presence, and in the presence of each other have subscribed our names as witnesses. 1~~,~,~,a:.V. N. ~ft.~. ~~. ~s' ~' ~2 ~. ~,~~ i, . . ,.p COMMONWEALTH OF PENNSYLVANIA SS COUNTY OF CUMBERLAND I, MARIE KENNEDY CHOP, Testator, whose name is signed to the attached or foregoing instrument, having been duly qualified according to law, do hereby acknowledge that I signed and executed the instrument as my Last Will; that I signed it willingly; and that I signed it as my free and voluntary act for the purposes therein expressed. '~ MARIE KENN ~ DY C Sworn or affirmedcto~and acknowledged before me by MARIE KENNEDY CHOP, Testator, the l•~.l~t -- day of Q..?~--. , 2004. (SEAL) COMMONWEALTH OF PENNSYLVANIA Notary Public NOTARIAL SEAL Roberta L. Radclifff, Notary Public Wormleysburq Borough, County o(Cumiarland My Commission Expires Jan. 20, 2005 SS COUNTY OF`CtUMBERLAND We W~1~~rirn N• STo~LEI' and /J~'~•~?7~DC~~r=F .the witnesses whose names are signed to the attached or foregoing instrument, being duly qualified according to law, do depose and say that we were present and saw Testator sign and execute the instrument as her Last Will; that she signed willingly and that she executed it as her free and voluntary act for the purposes therein expressed; that each of us in the hearing and sight of the Testator signed the Will as witnesses; and that to the best of our knowledge the Testator was at that time eighteen or more years of age, of sound mind and under no constraint or undue influence. om or affirmed t and subscribed to before me by ~/.CL//ant ~• ~ 14'7`L.E.~ and <(JRt11~ lV • ~l~~CLf Fz< witnesses, this .3 ay of_~_¢ , 2004. (SEAL) p~ Notary Public NOTARIAL SEAL Roberta L. Radcliff, Notary Public 13 WorMeysburp 8areugh, County at Cumberland My Commission Expires Jan. 20, 2005 N O ~ ~ 0 0 p ~NI~ 6 W ~ ~ p ~`9~ a Q < a ~ '7^ ti ~~~ ~ ~ ~ ~~ ~DI N LL `„(~, a~ ~~s ~ a o w ~O' G_ I ~O~O ~ ZI ~11Nf1 0 0 ~ d ~~N7 ~~ rv~ ~, ~~~~ m . .~ G~ ~' ~ a~ o ~~ ~ ~o y ~U~° a ~~ ~ ~ ~ ~; _____ ~o d ~~ ~_ ~ ~- y~b ~ 1 QC' t,.,. ~~:. `iI R ~~pl~ jS~ Radcliff Law Office, P.C. 1011 Mumma Road, Suite 201 Lemoyne, Pennsylvania 17043 (717)238-9318 Fax (877)314-5781 April 16, 2009 Glenda Farner Strasbaugh, Register of Wills Cumberland County Courthouse 1 Courthouse Squaze Carlisle, PA 17013 RE: Estate of Marie K. Chop File No. 21 08 00812 Dear Mrs. Strasbaugh: Enclosed for filing are the following for the above estate: 1. An original and one copy of the REV-1500, PA Inheritance Tax Return 2. An original Inventory 3. Check in the amount of $1,488.38 for inheritance tax due. 4. Check in the amount of $30.00 for the filing fee 5. Check in the amount of $50.00 for the additional probate fee Also enclosed are additional copies of the REV-1500 and the Inventory to be clocked in and returned to our office in the enclosed envelope. If you need additional items, please contact our office. Very truly yours, ~~<~ David H. Radcliff Enclosures N Q 1 ~. i) f> ~ .' ~ . J ~~~ a C_..., ~;,:7 ~ ~ .'-.-~ W