HomeMy WebLinkAbout05-05-09___J 15056041158
REV-1500 EX (06-05) OFFICIAL USE ONLY
PA Department of Revenue County Code Year File Number
Bureau of Individual Taxes
?o Box 2sosol INHERITANCE TAX RETURN 21 0 9 0 018 2
Harrisburg, PA 17128-0601 RESIDENT DECEDENT
ENTER DECEDENT INFORMATION BELOW
Social Security Number Date of Death Date of Birth
165-26-6211 012420<~9' 10141931
Decedent's Last Name
MCINNES
Suffix Decedent's First Name
DRUE
(If Applicable) Enter Surviving Spouse's Information Below
Spouse's Last Name Suffix Spouse's First Name
MCINNES HAROLD A•B•
Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE
- - REGISTER OF WILLS
FILL IN APPROPRIATE BOXES BELOW
1. Original Return
^ 4. Limited Estate
6. Decedent Died Testate
(Attach Copy of Will)
^ 9. Litigation Proceeds Received
^ 2. Supplemental Return
^
Aa. Future Interest Compromise (date of
death after 12-12-82)
7. Decedent Maintained a Living Trust
(Attach Copy of Trust)
^
1 t). Spousal Poverty Credit (date of death
between 12-31-91 and 1-1-95)
CORRESPONDENT - THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO:
Name Daytime Telephone Number
VICKY ANN TRIMMER 717-620-2440
Firm Name (If Applicable)
PERSUN & HEIM, P•C•
First line of address
PO BOX 659
Second line of address
City or Post Office
MECHANICSBURG
State ZIP Code
MI
S
MI
^ 3. Remainder Return (date of death
prior to 12-13-82)
5. Federal Estate Tax Return Required
~ 8. Total Number of Safe Deposit Boxes
^ 11. Election to tax under Sec. 9113(A)
(Attach Sch. O)
REGISTER OF WILLS USE ONLY
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Correspondent's a-mail address: V A T R I M M E R a9 P E R S U N H E I M• C O M
Under penalties of perjury, I declare that l have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belie(,
it is true, correct and complete. peclaration of preparer other than the personal representative is based on all information of which preparer has any knowledge.
~ -A
HAROLD A•B• MCINNES 2b0 WINDING WAY CAMP HILL, PA 17011
SIGNATURE OF PREPARER OTHER THAN REPRESENTATIVE DATE
PERSUN & HEIM, P . C • ~j~ n,, ~~_ ~~ ~j,.,-
ADDRESS
PO BOX 659 MECHANICSBURG, PA 17055-0659
PLEASE USE ORIGINAL FORM ONLY
15056041158
Side 1
6M4647 3.000
15056041158
_J c~
...I 15056042159
REV-1500 EX
Decedent's Social Security Number
1,65-26-621,1
Decedent's Name~1 C I N N E S D R U E C
RECAPITULATION
1. Real estate (Schedule A) 1. 2 5 2 3 7 8- ~ ~
2. Stocks and Bonds (Schedule B) . 2. ], 8 4 7 5 4 9 - D ~
3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C). 3. D , D
4, Mortgages & Notes Receivable (Schedule D). 4. ~ - ~ D
5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) . 5. ]r 4 ~ 4 6 4 - D D
6. Jointly Owned Property (Schedule F) ~ Separate Billing Requested 6. ~ . ~ ~
7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property
(Schedule G) ~ Separate Billing Requested 7
~'~~' ~ 2D960.00
8. Total Gross Assets (total Lines 1-7). 8. 22613 51 • D D
9. Funeral Expenses & Administrative Costs (Schedule H) . 9. 3 9 2 3 4 , ~ Q
10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I). 10. 7 6 8 D • ~ 0
11. Total Deductions (total Lines 9 & 10) ................... 11. 4 6 914 • ~ ~
12. Net Value of Estate (Line 8 minus Line 11) 12. 2 2 ], 4 4 3 7 • ~ D
13. Charitable and Governmental Bequests/Sec 9113 Trusts far which
an election to tax has not been made (Schedule J) . 13. D • ~ ~
14. Net Value Subject to Tax (Line 12 minus Line 13) 1 a. 2 214 4 3 7 D ~
TAX COMPUTATION -SEE INSTRUCTIONS FOR APPLICABLE RATES
15. Amount of Line 14 taxable
at the spousal tax rate, or
transfers under Sec. 9116
(a)(1.2)X.0 1~ 41607 • D^ 15. D - ~0
16. Amount of Line 14 taxable
at lineal ratex.o~LS 2172831 • DO 16. 97777 • DO
17. Amount of Line 14 taxable
at sibling rate X .12 ~ , 0 ~ 17. ~ • ~ ~
18. Amount of Line 14 taxable
at collateral rate X .15 ~ • ~ ~ 18. ~ . ~ ~
19. TAX DUE . . 19. 97777 . ~~
20. FILL IN THE BOX IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT
Side 2
15D56D42159 snnasas2.ooo 15D56D42159
REV-1500 EX Page 3
Decedent's Comofete Address:
Flle Number
~i. n9 nni.ua
DECEDENTS NAME
MCINF~ES D E
STREET ADDRESS
M R AN
CITY
CAMP HILL STATE ZIP
Tax Payments and Credits:
1. Tax Due (Page 2 Line 19) (1) 9 ~ 7 ~'~ , D Q
2. Credits/Payments
A. Spousal Poverty Credit Q . Q Q
B. Prior Payments 9 2 8 8 8• !J D
C. Discount 4 8 8 9• 0 D
Total Credits (A + g+ Cj (2) 9 7 7 7 7• Q Q
3. Interest/Penalty if applicable
D. Interest 0 • OD
E. Penalty Q . Q Q
TotallnteresUPenalry (D + E) (3) Q , Q Q
4. ff Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT.
FiII in box on Page 2, Line 20 to request a refund. (4) Q _ Q Q
5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) Q . Q Q
A. Enter the interest on the tax due. (5A) Q . Q Q
B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (56) Q . Q Q
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 the property transferred; ^
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 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.
For dates of death on or after July 1, 1994 and before January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse
is three (3) percent [72 P.S. §9116 (a) (1.1) (i)].
For dates of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is zero (0) percent
[72 P.S. §9116 (a) (1.1) (ii}]. The statute does not exempt a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and
filing a tax return are still applicable even if the surviving spouse is the only beneficiary.
For dates of death on or after July 1, 2000:
The tax rate imposed on the net value of transfers from a deceased child twenty-one years of age or younger at death to or for 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)J.
The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is four and one-half (4.5) percent, except as noted in
72 P.S. §9116(1.2) [72 P.S. §9116(a)(1)].
The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is twelve (12) percent [72 P.S. i39116(a)(1.3)]. Asibling is defined,
under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption.
6M4671 1.000
REV-1502 EX + (t 1-~08)
pennsylvania
DEFARTfv1ENT OF REVENUE
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE A
REAL ESTATE
ESTATE OF FILE NUMBER
Drue S. McInnes 21 09 00182
All roal property owned solely or as a tenant in common must be reported at fair market value. Fair market value is defined as the price at which property
would be exchanged between a willing buyer and a willing seller, neither being compelled to buy or sell, both having reasonable knowledge of the relevant facts.
Real property that is jointly-owned with right of survivorship must be disclosed on Schedule F.
Iwasss z.ooo If more space is needed, insert additional sheets of the same size.
REV-1503 EX + (6-n8)
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
;'.ESIDENT DECEDENT
ESTATE OF
FILE NUMBER
Drue S. McInnes 21 09 00182
All property jointly-owned with right of survivorship must be disclosed on Schedule F.
ITEM VALUE AT DATE
NUMBER DESCRIPTION OF DEATH
1. 3,000 Par
Anheuser-Busch Cos Inc - 6.45~s Sept 1, 2037
CUSIP: 0352294DC 2,489
Interest accrued to 1/24/2008 77
2 2,000 Par
Time Warner Inc - 7.625 - Apr 15, 2031
CUSIP: 00184AAC9 1,919
Interest accrued to 1/24/2008 42
3 2,000 Par
Bear Stearns Co. - 5.30 - 10/30/2015
CUSIP: 073902KF4 1,760
Interest accrued to 1/24/2008 25
4 2,000 Par
Bank of America - 5.125$ - 11/15/2014
CUSIP: 060505AU8 1,887
Interest accrued to 1/24/2008 20
5 2,000 Par
General Mills Inc - 6~ - 2/15/2012
CUSIP: 370334AS3 1,980
Interest accrued to 1/24/2008 53
6 2,000 Par
Citigroup Inc - 5$ - 9/15/2014
CUSIP: 172967CQ2 1 633
Interest accrued to 1/24/2008 36
7 2,000 Par
Cardinal Health Inc - 5.850 - 12/15/2017
CUSIP: 14149YAH1 1,785
Interest accrued to 1/24/2008 13
8 3,000 Par
Cit Group Inc - 5.400$ - 01/30/2016
CUSIP: 125581AW8 1,976
Interest accrued to 1/24/2008 78
Total from continuation schedules 1,831,776
TOTAL (Also enter on line 2, Recapitulation) $ 1 , 847 , 549
SCHEDULE B
STOCKS & BONDS
3waess ~.ooo (If more space is needed, insert additional sheets of the same size)
Estate of: Drue S. McInnes
Schedule B (Page 2)
Item
No. Description
9 2,000 Par
Comcast Corp - 6.500 - 01/15/2017
CUSIP: 20030NAP6
Interest accrued to 1/24/2008
10 2,000 Par
Coco-Cola Enterprises - 6.125 - 08/15/2011
CUSIP: 191219BJ2
Interest accrued to 1/24/2008
11 2,000 Par
Duke Energy Corp - 5.625 11/30/2012
CUSIP: 264399EF9
Interest accrued to 1/24/2008
12 2,000 Par
Engery Transfer Partners - 5.950 - 02/01/2015
CUSIP: 29273RAB5
Interest accrued to 1/24/2008
13 2,000 Par
ERP Operating Inc - 5.125 - 03/15/2016
CUSIP : 294767~AC1
Interest accrued to 1/24/2008
14 2,000 Par
Embarq Corp - 7.995$ - 06/01/2036
CUSIP: 29078EAA3
Interest accrued to 1/24/2008
15 2,000 Par
Household Finance Corp - 4.750 - 07/15/2013
CUSIP: 441812KD5
Interest accrued to 1/24/2008
16 2,000 Par
JP Morgan Chase - 5.150 - 10/01/2015
CUSIP: 46625HDF4
Interest accrued to 1/24/2008
17 2,000 Par
JC Penny Corporation Inc - 6.375 - 10/15/2036
CUSIP: 708130AC3
Interest accrued to 1/24/2008
Total (Carry forward to main schedule)
21 09 001$2
Value at Date
of Death
2,028
3
2,106
54
2,077
17
1,780
57
1,538
37
1,540
24
1,857
2
1,870
32
1,2x1
35
'I~ pia
Estate of: Drue S. McInnes 21 09 QO1$2
Schedule B (Page 3)
Item Value at Date
No. Description of Death
18 2,000 Par
Kellogg Co - 6.600 - 04/01/2011
CUSIP: 487836AS7 2,000
Interest accrued to 1/24/2008 41
19 2,000 Par
Oneok Partners - 6.150 - 10/01/2016
CUSIP: 68268NAB9 1,777
Interest accrued to 1/24/2008 39
20 2,000 Par
Viacom Inc - 6.875$ - 04/30/2036
CUSIP: 925524AX8 1,472
Interest accrued to 1/24/20Q8 32
21 2,000 Par
Vodafone Group PLC - 6.150 - 02/27/2037
CUSIP: 92857WAQ3 1,942
Interest accrued to 1/24/2008 50
22 2,000 Par
SBC Communications Inc - 5.875 - 08/1512012
CUSIP: 78367GAK9 2,086
Interest accrued to 1/24/2008 52
23 2,000 Par
Wells Fargo Company - 4.950 10/16/2013
CUSIP: 949746FJ5 1,939
Interest accrued to 1/24/2008 27
24 2,000 Par
USD Goldman Sachs - 5.150 - 01/15/2014
CUSIP: 38143UAB7 1,856
Interest accrued to 1/24/2008 3
25 5,000 Par
Federal Home Ln Mtg Corp - 4.750 - 11/17/2015
CUSIP: 3134A4VG6 5,529
Interest accrued to 1/24/2008 44
26 2,000 Par
Caterpillar Fin Serv Crp - 4.850 - 12/07/2012
CUSIP: 14912L3N9 2,022
Interest accrued to 1/24/2008 13
Total (Carry forward to main schedule) 20.9~a
Estate of: Drue S. McInnes
Schedule B {Page 4)
Item
No. Description
27 10,000 Par
U.S. Treasury Strip Prin - 0$ - 11/15/2016
CUSIP: 912803AP8
28 1,000 Par
U.S. Treasury Bond - 5.25 - 02/15/2029
CUSIP: 912810FG8
Interest accrued to 1/24/2008
29 5,000 Par
U.S. Treasury Bond - 4.375 - 02/15/2038
CUSIP: 912810PW2
Interest accrued to 1/24/2008
30 4,000 Par
U.S. Treasury Note - 3.875$ - 05/15/2018
CUSIP: 912828HZ6
Interest accrued to 1/24/2008
31 4,000 Par
General Elec Cap Corp - 5.625 - 09115/2017
CUSIP: 36962G3H5
Interest accrued to 1/24/2008
32 2,000 Par
John Deere Capital Corp - 4.500 - 04/03/2013
CUSIP: 24422EQQ5
Interest accrued to 1/24/2006
33 2,000 Par
American Express - 5.675 - 05/02/2013
CUSIP: 0258MOCW7
Interest accrued to 1/24/2008
34 2,000 Par
McDonald's Corp - 5.000 - 02/01/2019
CUSIP; 58013MEG5
Interest accrued to 1/24/2008
35 118 Shares
Abbott Labs
CUSIP: 002824100
Dividend accrued on 1/24/2008
36 62 Shares
Albemarle Corp
CUSIP: 012653101
Total {Carry forward to main schedule)
21 09 00182
Value at Date
of Death
7,196
1,216
23
5,923
96
4,415
30
3,713
81
1,998
28
1,947
27
2,028
2
6,252
42
1,390
36,407
Estate of: Drue S. McInnes
Schedule B (Page 5)
Item
No. Description
37 28 Shares
Arch Capital Grp Ltd BM
CUSIP: G0450A105
38 44 Shares
Apollo Group Inc
CUSIP: 037604105
39 166 Shares
ABB LTD
CUSIP: 000375204
40 52 Shares
Airgas Inc
CUSIP: 009363102
41 19 Shares
Alliant Techsystems Inc
CUSIP: 018804104
42 189 Shares
Adidas AG Sponsored
CUSIP: 06687A107
43 279 Shares
Acergy S A
CUSIP: 00443E104
44 207 Shares
American Express Co
CUSIP: 025816109
Dividend accrued on 1/24/2008
45 53 Shares
Arcelormittal SA
CUSIP,. 03938L104
46 188 Shares
Activision Blizzard Inc
CUSIP: 00507V109
47 113 Shares
Amgen Inc Co PV
CUSIP: 031162100
48 29 Shares
Apache Corp
CUSIP: 037411105
Total (Carry forward to main schedule)
21 09 00182
Value at Date
of Death
1,792
3,620
2,010
1,955
1,576
3,272
1,550
3,229
37
1,173
1,762
6,081
2,214
30.971
Estate of: Drue S. McInnes
Schedule B (Page 6)
Item
No. Description
Dividend accrued on 1/24/2008
49 11 Shares
Bard C R Inc
CUSIP: 067383109
50 77 Shares
BNP Paribas Sponsored ADR
CUSIP: 05565A202
51 75 Shares
BHP Billiton LTD
CUSIP: 088606108
52 293 Shares
Bank New York Mellon
CUSIP: 064058100
Dividend accrued on 1/2412008
53 108 Shares
W R Berkley Corp
CUSIP: 084423102
54 109 Shares
Best Buy Co Inc
CUSIP; 086516101
Dividend accrued on 1/24/2008
55 83 Shares
Boeing Company
CUSIP: 097023105
56 46 Shares
Canon. Inc
CUSIP: 138006309
57 55 Shares
China Mobile LTD
CUSIP: 16941M109
58 75 Shares
China Medical Technologies
CUSIP: 169483104
59 49 Shares
C.H. Robinson Worldwide, Inc.
CUSIP:, 1254W209
Total (Carry forward to main schedule)
21 09 00182
Value at Date
of Death
4
953
1,157
2,833
6,799
70
2,841
3,028
15
3,519
1,298
2,455
1,150
2,148
7R 9'7n
Estate of: Drue S. McInnes
Schedule B (Page 7)
Item
No. Description
60 310 Shares
Cal Dive Intl Inc
CUSIP: 128027101
61 206 Shares
Calpine Corp
CUSIP: 131347304
62 199 Shares
Conagra Foods Inc
CUSIP: 205887102
63 21 Shares
Cullen First Banks
CUSIP: 229899109
64 60 Shares
ENI S P A
CUSIP: 268748108
65 16 Shares
Eaton Corp
CUSIP: 278058102
66 66 Shares
Energizer HLDGS Inc
CUSIP: 292668108
67 42 Shares
Exxon Mobil Corp
CUSIP: 302316102
68 34 Shares
EOG Resources Inc
CUSIP: 26875P101
Dividend accrued on 1/24/2008
69 80 Shares
EC~LAB Inc
CUSIP: 278865100
70 40 Shares
Equifax Inc
CUSIP: 294429105
71 29 Shares
FMC Corp
CUSIP„ 302491303
Total (Carry forward to main schedule)
21 09 00182
Value at Date
of Death
2,131
1,482
3,484
846
2,601
720
2,964
3,283
2,261
5
2,797
970
1,327
~a a~,
Estate of: Drue S. McInnes
Schedule B (Page 8)
Item
No. Description
72 113 Shares
Fidelity National Financ Inc
CUSIP: 316208105
73 21 Shares
First Solar Inc
CUSIP: 336433107
74 26 Shares
Fiserv Inc Wisc
CUSIP: 337738108
75 71 Shares
Franklin Res Inc
CUSIP: 354613101
76 140 Shares
Ishares Russell Midcap
CUSIP: 464287473
77 149 Shares
Groupe Danone Spon
CUSIP: 399449107
78 33 Shares
General Cable Corp
CUSIP: 369300108
79 23 Shares
Genentech Inc
CUSIP: 368710406
80 120 Shares
HCC INS Holding Inc
CUSIP: 404132102
81 80 Shares
Henkel AG & Co KGAA
CUSIP: 425500208
82 39 Shares
HSBC HLDG PLC
CUSIP;: 404428040
83 100 Shares
Healthspring Inc
CUSIP: 42224N101
Total (Carry forward to main schedule)
21 09 00182
Value at Date
of Death
1,719
2,905
824
3,658
3,617
1,594
545
1,920
2,822
2,084
1,419
1,728
7d A'2~
Estate of: Drue S. McInnes
Schedule B (Page 9)
Item
No. Description
84 85 Shares
Hanesbrands Inc
CUSIP: 410345102
85 104 Shares
Harley Davidson Inc
CUSIP: 412822108
86 27 Shares
Harsco Corporation
CUSIP: 415864107
87 293 Shares
Hewlett Packard Co
CUSIP: 428236103
88 50 Shares
Jefferies Group Inc
CUSIP: 472319102
89 131 Shares
Juniper Networks Inc
CUSIP: 482038104
90 100 Shares
JSC MMC Norilsk NCKL
CUSIP: 46626D108
91 225 Shares
JPMorgan Chase & Co
CUSIP: 46625H100
Dividend accrued on 1/2412008
92 9 Shares
Kaydon Corp
CUSIP: 4965$7108
93 43 Shares
KB Finl Group Inc
CUSIP: 48241A105
94 137 Shares
Kroger Co
CUSIP:: 501049101
95 41 Shares
Lockheed Martin Corp
CUSIP: 539830109
Total {Carry forward to main schedule)
21 09 00182
Value at Date
of Death
800
1,187
714
10,419
575
2,303
374
5,393
86
251
982
3,375
3,359
29.818
Estate of: Drue S. McInnes
Schedule B (Page 10)
Item
No. Description
96 30 Shares
Mastercard Inc
CUSIP: 57636Q104
Dividend accrued on 1/24/2008
97 269 Shares
Mitsubishi UFJ Finl GRP
CUSIP: 606822104
98 67 Shares
Mednax Inc
CUSIP: 56502B106
99 152 Shares
Marui Group CO ZTD
CUSIP: 573814308
100 83 Shares
Mattel Inc
CUSIP: 577081102
101 152 Shares
McDonalds Corp
CUSIP: 580135101
102 42 Shares
McDermott INTL Inc
CUSIP: 580037109
103 177 Shares
Medtronic Inc
CUSIP: 585055106
104 121 Shares
AXA
CUSIP: 054536107
105 123 Shares
Amazon Com Inc
CUSIP: 023135106
106 273 Shares
Annaly Cap MGMT inc
CUSIP, 035710409
Dividend accrued on 1/24/2008
Total (Carry forward to main schedule)
21 09 00182
Value at Date
of Death
3,734
5
1,426
2,144
1,518
1,263
8,762
434
5,733
1,874
6,128
4,025
137
37.1R~
Estate of: Drue S. McInnes
Schedule B (Page 11)
Item
No. Description
107 129 Shares
Amdocs Limited
CUSIP: 602602103
108 59 Shares
Astrazeneca PLC SPND
CUSIP: 046353108
109 39 Shares
Actuant Corp
CUSIP: 00508X203
110 75 Shares
America MOVIL SAB
CUSIP: 02364W105
111 31 Shares
Arena Resources Inc
CUSIP: 040049108
112 88 Shares
Apple Inc
CUSIP: 037833100
113 9 Shares
Autozone Inc Nevada
CUSIP: 053332102
114 203 Shares
Banco Santander SA
CUSIP: 05964H105
115 45 Shares
Bayer AG
CUSIP: 072730302
116 119 Shares
Broadcom Corp CALIF
CUSIP: 111320107
117 61 Shares
Bank of Nova Scotia
CUSIP: 064149107
Dividend accrued on 1/24/2008
118 155 Shares
Banco Bradesco S A
CUSIP: 059460303
Total (Carry forward to main schedule)
21 09 00182
Value at Date
of Death
2,200
2,363
637
2,063
761
7,824
1,193
1,431
2,518
2,055
1,366
24
1,407
25.862
Estate of: Drue S. McInnes
Schedule B {Page 12)
Item
No. Description
Dividend accrued on 1/24/2008
119 174 Shares
Comcast CRP
CUSIP: 20030N200
Dividend accrued on 1/24/2008
120 202 Shares
Com Vale Do Rio DOCE
CUSIP: 204412100
121 125 Shares
Companhia ENERG DE
CUSIP: 204409601
122 165 Shares
CVS Caremark Corp
CUSIP: 126650100
Dividend accrued on 1/24/2008
123 65 Shares
Credit Suisee GP
CUSIP: 225401108
124 413 Shares
Carnival Corp Paired SHS
CUSIP: 143658300
125 16 Shares
Commscope Inc
CUSIP: 203372107
126 65 Shares
DBS Group HLDGS SPN
CUSIP: 23304Y100
127 352 Shares
De11 Inc
CUSIP: 247028101
128 76 Shares
Davits Inc
CUSIP: 23918K108
129 45 Shares
Dresser Rand Group Inc
CUSIP: 261608103
Total (Carry forward to main schedule)
21 09 00182
Value at Date
of Death
33
2,476
11
2,289
1,701
4,571
13
1,565
7,937
224
1,727
3,567
3,596
841
3.551
Estate of: Drue S. McInnes
Schedule B (Page 13)
Item
No. Description
130 476 Shares
Discover FINL SVCS
CUSIP: 254709108
131 91 Shares
Deere Co
CUSIP: 244199105
Dividend accrued on 1/24f2008
132 168 Shares
Disney (Walt) Co Com
CUSIP: 254687106
133 39 Shares
R R Donnelley Sons
CUSIP: 257867101
Dividend accrued on 1/24/2008
134 83 Shares
Family Dollar Stores
CUSIP: 307000109
135 26 Shares
Factset Resh SYS Inc
CUSIP: 303075105
136 69 Shares
Fortune Brands Inc
CUSIP: 349631101
137 94 Shares
France Telecom ADR
CUSIP: 35177Q105
138 64 Shares
Fomento ECNMCO MEX SPADR
CUSIP: 344419106
139 46 Shares
Forward Air Corp
CUSIP: 349853101
140 100 Shares
Fedex Corp Deleware
CUSIP: 31428X106
Total (Carry forward to main schedule)
21 09 00182
Value at Date
of Death
3,511
3,304
25
3,481
391
10
2,266
1,060
2,543
2,311
1,843
866
5,466
~-, ~~~
Estate of: Drue S. McInnes
Schedule B {Page 14)
Item
No. Description
141 66 Shares
Federated Investrs B
CUSIP: 314211103
142 91 Shares
OAO Gazprom SPON ADR
CUSIP: 366287207
143 74 Shares
General Mills
CUSIP: 370334104
Dividend accrued on 1/24/2008
144 18 Shares
Google Inc
CUSIP: 38259P508
145 138 Shares
Gamestop Corp
CUSIP: 36467W109
146 56 Shares
GDE' Suez ADR
CUSIP: 36160B105
147 54 Shares
Genzyme Corporation
CUSIP: 372917104
148 82 Shares
Gilead Sciences Inc
CUSIP: 375558103
149 49 Shares
Goodrich Corporation
CUSIP: 382388106
150 175 Shares
Home Depot Inc
CUSIP: 437076102
151 104 Shares
Illinois Tool Works Inc
CUSIP: 452308109
152 104 Shares
IPC Holdings LTD
CUSIP: G4933P101
Total (Carry forward to main schedule)
21 09 00182
Value at Date
of Death
1,232
1,161
4,397
32
5,781
3,527
2,274
3 , 650
3,973
1,841
3,871
3,436
2,821
~o n~~
Estate of: Drue 5. McInnes
Schedule B (Page 15)
Item
No. Description
153 101 Shares
Infosys Tech LTD
CUSIP: 456788108
154 965 Shares
INTEL Corp
CUSIP: 458140100
155 63 Shares
INTL Business Machines
CUSIP: 459200101
156 177 Shares
ICAP PLC Sonsored ADR
CUSIP: 450936109
Dividend accrued on 1/24/2008
157 66 Shares
Jacobs ENGN GRP Inc DELA
CUSIP: 469814107
158 25 Shares
Lukoil Sponsored ADR
CUSIP: 677862104
159 21 Shares
Lincoln Elec Hldgs Inc
CUSIP: 533900106
160 219 Shares
Legg Mason Inc
CUSIP: 524901105
161 218 Shares
Lowe's Companies Inc
CUSIP: 548661107
Dividend accrued on 1/24j2008
162 185 Shares
Morgan Stanley
CUSIPr. 617446448
163 179 Shares
Marriott Intl Inc New A
CUSIP; 571903202
21 09 00182
Value at Date
of Death
2,651
12,685
5,681
1,229
21
2,666
801
908
4,110
4,417
19
3,444
3,085
Total (Carry forward to main schedule) 4i ~~~
Estate of: Drue S. McInnes
Schedule B (Page 16)
Item
No. Description
164 103 Shares
Monsanto Co New Del Com
CUSIP: 61166W101
Dividend accrued on 1/24/2008
165 73 Shares
McAfee Inc
CUSIP: 579064106
166 174 Shares
Mylan Inc
CUSIP: 628530107
167 75 Shares
Nintendo Ltd Adr
CUSIP: 654445303
168 105 Shares
Nice Systs Ltd Spsd Adr
CUSIP: 653656108
169 71 Shares
National-Oilwell Varco Inc
CUSIP: 637071101
170 55 Shares
Novartis Adr
CUSIP: 66987V109
171 136 Shares
New York Cmty Bancorp
CUSIP: 649445103
172 182 Shares
Nomura Hldgs Inc
CUSIP: 65535H208
173 254 Shares
Nuance Communications Inc
CUSIP: 67020Y100
174 99 Shares
Nalco Hldg Co
CUSIP: 62985Q101
175 82 Shares
Nestle S A Rep Rg Sh Adr
CUSIP: 641069406
Total (Carry forward to main schedule)
21 09 00182
Value at Date
of Death
8,148
25
2,217
1,911
3,114
2,058
1,825
2,490
1,669
1,255
2,595
1,020
2,873
31.2~n
Estate of: Drue S. McInnes
Schedule B (Page 17)
Item
No. Description
176 41 Shares
Nike Inc C1 B
CUSIP: 654106103
177 16 Shares
Novo Nordisk A S Adr
CUSIP: 670100205
178 220 Shares
Omnicom Group Com
CUSIP: 681919106
179 294 Shares
Oracle Corp
CUSIP: 68389X105
180 173 Shares
Owens I11 Inc
CUSIP: 690768403
181 32 Shares
Princeline Com Inc
CUSIP: 741503403
182 62 Shares
Prosperity Bancshares
CUSIP: 743606105
183 61 Shares
Petrohawk Energy Corp
CUSIP: 716495106
184 83 Shares
Pactiv Corporation
CUSIP: 695257105
185 67 Shares
Petrleo Bras Vtg Spd
CUSIP: 71654V408
186 68 Shares
Price T Rowe Group Inc
CUSIP: 741947108
187 82 Shares
Patterson Cos Inc
CUSIP: 703395103
Total (Carry forward to main schedule)
21 09 00182
Value at Date
of Death
1,870
812
5,649
4,965
3,652
2,180
1,524
1,178
1,754
1,631
1,986
1,482
7R FRS
Estate of: Drue S. McInnes
Schedule B (Page 18)
Item
No. Description
188 122 Shares
Peoples United Fnl Inc
CUSIP: 712704105
189 82 Shares
Phillips Vna Heusen
CUSIP: 718592108
190 42 Shares
Pitney Bowes Inc
CUSIP: 724479100
191 42 Shares
Praxair Inc
CUSIP: 74005P104
192 30 Shares
Precision Castparts
CUSIP: 740189105
193 248 Shares
Qualcomm Inc
CUSIP: 747525103
194 127 Shares
Raymond James Finl Inc
CUSIP: 747525103
195 30 Shares
Rofin Sinar Tech Inc
CUSIP: 775043102
196 54 Shares
Ralcorp Hldgs Inc New
CUSIP: 751028101
197 62 Shares
Range Resources Corp Del
CUSIP: 75281A109
198 18 Shares
Reinsurance Group America
CUSIP: 759351604
199 78 Shares
Roche Hldg Ltd Spn Adr
CUSIP: 77195104
Total (Carry forward to main schedule)
21 09 00182
Value at Date
of Death
2,085
1,506
937
2,518
1,868
9,023
2,179
491
3,159
2,156
677
2,866
7Q dGS
Estate of: Drue S. McInnes
Schedule B (Page 19)
Item
No. Description
200 55 Shares
Ross Stores Inc Com
CUSIP: 778296103
201 101 Shares
Sap Akgsltt Sponsord Adr
CU5IP: 803054204
202 52 Shares
Schein (Henry) Inc Com
CUSIP: 806407102
203 34 Shares
Superior Energy Svcs Inc
CUSIP: 868157108
204 36 Shares
Silgan Hldgs Inc Com
CUSIP: 827048109
205 136 Shares
5tarwood Hotels and Resorts Worldwide Ne
CUSIP: 85590A401
206 28 Shares
Siemens Ag Adr
CUSIP: 826197501
207 509 Shares
Sumitomo Tr & Bkg Spdadr
CUSIP; 865625206
208 389 Shares
Schering Plough Corp
CUSIP: 806605101
209 322 Shares
Schwab Charles Corp New
CUSIP: 808513105
210 66 Shares
Smith-Nphw Plc Spadr New
CUSIP: 83175M205
211 33 Shares
Syngenta Ag Adr
CUSIP:. 87160A100
Total (Carry forward to main schedule)
21 09 00182
Value at Date
of Death
1,723
3,413
1,912
528
1,664
2,202
1,528
2,329
7,384
4,615
2,177
1,279
30 _'lSd
Estate of: Drue S. McInnes
Schedule B (Page 20)
Item
No. Description
212 56 Shares
Sra International Inc A
CUSIP: 784648105
213 49 Shares
J M Smucker Co
CUSIP: 832696405
214 360 Shares
Sumitomo Corp Sp Adr
CUSIP: 865613103
215 190 Shares
5yniverse Hldgs Inc
CUSIP: 87163F106
216 151 Shares
Sandridge Energy Inc
CUSIP; 80007P307
217 176 Shares
Southwestern Energy Co
CUSIP: 845467109
218 78 Shares
Sybase Inc Com
CUSIP: 871130100
219 53 Shares
Total S.A. Sp Adr
CUSIP: 89151E109
220 175 Shares
Tesco Plc Spnrd Adr
CUSIP: 881575302
221 13 Shares
Teleflex Inc
CUSIP; 879369106
222 212 Shares
Texas Instruments
CUSIP: 882508104
223 79 Shares
Tokio Marine Holdings
CUSIP: 889094108
Total (Carry forward to main schedule)
21 09 00182
Value at Date
of Death
914
2,149
3,092
2,600
1,069
5,502
1,971
2,548
2,593
659
3,132
1,933
7R 7 ~7
Estate of: Drue S. McInnes
Schedule B (Page 21)
Item
No. Description
224 318 Shares
Taiwan S Manufctring Adr
CUSIP: 874039100
225 294 Shares
Time Warner Inc
CUSIP: 887317105
226 22 Shares
Treehouse Foods Inc Com
CUSIP: 89469A104
227 141 Shares
TD Ameritrade Hldg Corp
CUSIP: 87236Y108
228 38 Shares
Tyco Electronics Ltd
CUSIP: G9144P105
Dividend accrued on 1/24/2008
229 29 Shares
Terex Corp Del New Com
CUSIP: 880779103
230 103 Shares
Union Pacific Corp
CUSIP: 907818108
231 38 Shares
Vectren Corp Indiana Com
CUSIP: 922406101
232 135 Shares
Viacom Inc New C1 B
CUSIP„ 92553P201
233 94 Shares
Vodafane Group Plc New
CUSIP: 92857W209
Dividend accrued on 1/24/2008
234 122 Shares
Visa Inc CL A Shrs
CUSIP: 928260839
21 09 00182
Value at Date
of Death
2,399
2,754
592
1,649
592
6
410
4,396
966
2,043
1,720
33
5,307
Total (Carry forward to main schedule) ~~ n~~
Estate of: Drue S. McInnes
Schedule B (Page 22)
Item
No. Description
235 67 Shares
Wadddell & Reed Finl A
CUSIP: 930059100
Dividend accrued on 1/24/2008
236 72 Shares
Waste Connections Inc
CUSIP: 941053100
237 154 Shares
Wendys Arbys Group Inc
CUSIP: 950587105
238 114 Shares
XTO Engergy Inc
CUSIP: 98385X106
239 52 Shares
Wal-Mart Stores Inc
CUSIP: 931142103
240 164 Shares
Walgreen Co
CUSIP: 931422109
241 29 Shares
Westpac Banking Adr
CUSIP: 961214301
242 72 Shares
Weyerhaeuser Co
CUSIP; 962166104
243 273 Shares
Williams Companies Del
CUSIP: 969457100
244 101 Shares
Willis Group Hldings Ltd
CUSIP: 696655108
245 48 Shares
Westar Energy Inc
CUSIP: 957097100
Total (Carry forward to main schedule)
21 09 00182
Value at Date
of Death
953
13
2,028
823
4,102
2,517
4,393
1,381
2,027
3,707
2,415
945
25_~na
Estate of: Drue S. McInnes
Schedule B (Page 23)
Item
No. Description
246 15,000 Par
CD Cole Taylor Bank - 2.75 - 02/11/2009
CUSIP: 193296TE0
Interest accrued to 1/24/2008
247 15,000 Par
CD JPMorgan Chase Bk - 2.80 - 03/11/2009
CUSIP: 939371VQ0
Interest accrued to 1/24/2008
248 50,000 Par
STH Carolina Jobs-EDA - 4.0~ - 08/01/2019
CUSIP: 83703EKT1
Interest accrued to 1/24/2008
249 1,240 Shares
Automatic Data Proc
CUSIP: 0530'5103
250 550 Shares
Exxon Mobil Corp
CUSIP: 302316102
251 1,200 Shares
Emerson Elec Co
CUSIP: 291011104
252 4,030 Shares
Fulton Finl Corp PA
CUSIP: 360271100
253 4,000 Shares
Blackrock Hlth Sciences Trust
CUSIP; 09250W107
254 1,600 Shares
General Electric
CUSIP: 369604103
Dividend accrued on 1/24/2008
255 1,200 Shares
Hershey Company
CUSIP: 427866108
256 1,400 Shares
PPL Corporation
CUSIP: 693517106
Total (Carry forward to main schedule)
21 09 00182
Value at Date
of Death
15,005
152
15,018
155
46,065
961
45,954
42,985
39,558
28,815
82,640
19,952
496
42,000
44,807
424.56'
Estate of: Drue S. McInnes
Schedule B (Page 24)
Item
No. Description
257 4,115 Shares
Pengrowth Energy Tr
CUSIP: 706902509
258 840 Shares
PNC Fincl Services Group
CUSIP: 693475105
259 3,000 Shares
Inergy L.P.
CUSIP: 456615103
260 16,056.519 Shares
Oppenheimer Limited Term
CUSIP: 683957104
261 91.981 Shares
Allianz FDS
CUSIP: 018920702
262 120.251 Shares
Hartford-Fortis Ser Fd Inc
CUSIP: 416529881
263 200.995 Shares
Advisors Inner Circle FD
CUSIP: 0075M261
264 84.191 Shares
AIM Intl Mut Fds
CUSIP: 008882102
265 122.499 Shares
Davis NY Venture Fd Inc
CUSIP: 239080401
266 123.087 Shares
Matthews Intl Fds
CUSIP: 577130867
267 37.278 Shares
Neuberger & Berman Equity
CUSIP: 640917100
268 76.124 Shares
Federated Equity Fds
CUSIP: 314172636
Total (Carry forward to main schedule)
21 09 00182
Value at Date
of Death
36,058
25,477
65,580
209,056
1,130
1,983
2,098
1,450
2,636
1,109
1,075
1,007
348.659
Estate of: Drue S. McInnes
Schedule B (Page 25)
Item
No. Description
269 175.859 Shares
Baron Select Funds
CUSIP: 06828M108
270 204.351 Shares
Natixis Fds Tr 1
CUSIP: 638728103
271 65.067 Shares
Ivy Fds Inc
CUSIP: 466000726
272 121.697 Shares
Artio Global Invt Fds
CUSIP: 481370872
273 44,000 Par
FNMA P938289 - 5.50 - 07/01/2037
CUSIP: 31412X2W3
Interest accrued to 1/24/2008
274 19,000 Par
FNMA P888356 - 5.50 - 03/01/2022
CUSIP: 31410F5R2
Interest accrued to 1/24/2008
275 18,000 Par
FNMA P952190 - 6.50 - 10/01/2037
CUSIP: 31414QKB3
Interest accrued to 1/24/2008
276 25,000 Par
FNMA P889260 - 5.0~ - 04/01/2038
CUSIP: 31410G5V1
Interest accrued to 1/24/2008
277 Vanguard
278 125.17 Shares
Mutual SER FD Inc Discovery Z
279 7,000 Shares
Blackrock Dfnd Oppr CrTr
Total (Carry forward to main schedule)
21 09 00182
Value at Date
of Death
1,973
1,451
1,172
1,054
40,918
321
14,415
112
15,863
145
24,859
178
279,045
2,763
65,730
449_AQo
REV-7 508 EX + (6-98)
SCHEDULE E
COMMONWEALTH OF PENNSYLVANIA CASH, BANK DEPOSITS, & MISC.
INHERITANCE TAX RETURN
RESIDENT DECEDENT PERSONAL PROPERTY
ESTATE OF FILE NUMBER
Drue S. McInnes 21 09 00182
Include the proceeds of litigation and the date the proceeds were received by the estate.
3wa6AD 1.000 (If more space is needed, insert additional sheets of the same size)
REV-1510 EX + (6-98)
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE G
INTER-VIVOS TRANSFERS 8
MISC. NON-PROBATE PROPERTY
ESTATE OF FILE NUMBER
Drue S. McInnes 21 09 00182
This schedule must be completed and filed if the answer to any of questions 1 through 4 on the reverse side of the REV-1500 COVER SHEET is yes.
ITEM
NUMBS DESCRIPTION OF PROPERTY
INCLUDE=T}ENMAE OF7FETRANSFEREE,THEIRRELATIONSHIPTODECEDEMAND
7FE DATE OF TRPAISFFR. ATTACHACOPY OF 7HE DEED FOR REAL ESTATE.
DATE OF DEATH
VALUE OF ASSET
%OFDECD'$
INTEREST
EXCLUSION
IF APPLICABLE
TAXABLE
VALUE
1• Merrill Lynch IRA - children
are beneficiaries 20,960 100.0000 0 20,960
TOTAL (Also enter on line 7, Recapitulation) ~ $
0,960
jlf more space is needed, insert additional sheets of the same size)
3Wg6AF 1.000
REV-1511 EX+(10-06) SCHEDULE H
FUNERAL EXPENSES ~
COMMNHER AINCETAX RETURN ANIA ADMINISTRATIVE COSTS
RESIDENT DECEDENT
ESTATE OF FILE NUMBER
Drue S. McInnes 21 09 00182
Debts of decedent must be reported on Schedule I.
ITEM
NUMBER DESCRIPTION AMOUNT
A, FUNERAL EXPENSES:
~ Blooms - Steve Molley 623
2 West Shore Country Club 3,348
B.
1
Total from continuation schedules ~ 10,383
ADMINISTRATIVE COSTS:
Personal Representative's Commissions
Name of Personal Representative(s)
Street Address
City
State
Zip
2. Attorney Fees
3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation)
Claimant Harold A.B McInnes
Street Address 206 Winding Way
City Camp Hill State PA Zip 17011
Relationship of Claimant to Decedent SPOUSE
4. Probate Fees
5, ,Accountant's Fees
6. Tax Return Preparer's Fees
7.
None
Year(s) Commission Paid:
20,000
3,500
1,380
TOTAL (Also enter on line 9 Recapitulation) ~ $ 39 , 234
7W46AG 5.000 (If more space is needed, insert additional sheets of the same size)
Estate of: Drue S. McInnes
Schedule H Part 1 (Page 2)
21 09 00182
Item
No. Description Amount
3 Rodney E. Owens 150
4 MUsselman Funeral Home g,ggg
5 Rolling Green Cemetary 1,345
Total (Carry forward to main schedule) 10.383
REV-1512 EX+(12.08) SCHEDULE
pennsylvania
DEPARTMENT OF REVENUE DEBTS OF DECEDENT,
INHERITANCE TAX RETURN MORTGAGE LIABILITIES 8~ LIENS
RESIDENT DECEDENT
ESTATE OF FILE NUMBER
Drue S. McInnes 21 09 00182
Report debts incurred by the decedent prior to death that remained unpaid at the date of death, including unreimbursed medical expenses.
BW46AH 2.000 If more space is needed, insert additional sheets of the same size.
REV-1513 EX+(11-08) SCHEDULE J
pennsylvania
DEF'ARTMEMOF REVENUE BENEFICIARIES
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF F1LE NUMBER
Drue S- McInnes ~'I no nn~t27
RELATIONSHIP TO DECEDENT AMOUNT OR SHARE
NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE
TAXABLE DISTRIBUTIONS linclude outright spousal distributions, and transfers under
Sec. 2116 (a) (1.2).]
1, Harald A.B. McInnes
260 Winding Way
Camp Hill, PA 17011
'Life Estate in House 41,607 Surviving Spouse 41,607
2 Lee F, Maxwell
1989 Timber Court
Gurnee, IL 60031
0~ of Residue: 724,277 Daughter 724,277
3 Lisa F. Moley
735 Vista Drive
Camp Hill, PA 17011
0~ of Residue: 724,277 Daughter 724,277
ENTER DOLLAR AMOUNTS FOR DISTRIBU110NS SHOWN ABOVE ON LINES 15 THROUGH 1 8 OF REV-1500 COVER SHEET, AS APP ROPRIATE.
{{ NON-TAXABLE DISTRIBUTIONS:
A. SPOUSAL DISTRIBUTIONS UNDER SECTION 2113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN
1.
B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS
1.
TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET. $ Q
awasni z.ooo Ir more space Is needed, insert adoitlonal sheets of the same size.
Estate of: Drue S. McInnes
21 09 00182
Schedule J Part 1 (Page 2)
Item
No. Description
Relation Amount
4 Stewart L. Fenton
353 Willow Avenue
Camp Hill, PA 17011
One Third of Residue: 724,277 Son 724,277
REV-1514 EX+ (12-03)
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
ESTATE OF
SCHEDULE K
LIFE ESTATE, ANNUITY
8~ TERM CERTAIN
ck
FILE NUMBER
Drue S. McInnes 21 09 00182
This schedule is to be used for all single life, joint or successive life estate and term certain calculations. For dates of death prior to 5-1-89,
actuarial factors for single life calculations can be obtained from the Department of Revenue, Specialty Tax Unit.
Actuarial factors can be found in IRS Publication 1457, Actuarial Values, Alpha Volume for dates of death from 5-1-89 to 4-30-99,
and in Aleph Volume for dates of death from 5-1-99 and thereafter.
Inrt;~atP tt,P t".,P r,t ;nstriimant which r•.reated the future interest below and attach a conv to the tax return.
X^ Will ^ Intervivos Deed of Trust ^ Other
NAME(S) OF LIFE TENANT(S) DATE OF BIRTH NEAREST AGE AT
DATE OF DEATH TERM OF YEARS
LIFE ESTATE IS PAYABLE
Harold A.B. McInnes 09j17/1927 81 X Life or Term of Years
Life or Term of Years
Life or Term of Years
Life or Term of Years
Life or Term of Years
1. Value of fund from which life estate is payable .... .. ... $ 252, 378
2. Actuarial factor per ap ro riate table ... .. ... .. .. ... 0.16486
Interest table rate - ^ 3 1/2% ^ 6°i° ^ 10% ~ Variable Rate 2.40000%
3. Value of life estate (Line 1 multiplied by Line 2y ... .. .. .. $ 41 , 607
NAME(S) OF LIFE ANNUITANT(S) DATE OF BIRTH NEAREST AGE AT
DATE OF DEATH TERM OF YEARS
ANNUITY IS PAYABLE
Life or Term of Years
Life or Term of Years
Life or Term of Years
Life or Term of Years
1. Value of fund from which annuity is payable . . . .... . . . . . ... . . . . . . . .... . . . $
2. Check appropriate block below and enter corresponding (number) ... .... .. ... .
Frequency of payout -^ Weekly (52) Bi-weekly (26 Monthly (12)
^ Quarterly (4) ^Serni-annually (2) ^ Annually (1) Other ( ) 0
3. Amount of payout per period .. .. $
4. Aggregate annual payment, Line 2 multiplied by tine 3 .. .... .... . .
5. Annuity Factor (see instructions)
Interest table rate -^ 3 1 /2% ^ 6% ^ 10% ^ Variable Rate 0 .00000
6. Adjustment Factor (see instructions} .... ... .. . .
7. Value of annuity -If using 3 1/2%, 6%, 10%, or if variable rate and period
payout is at end of period, calculation is: Line 4 x Line 5 x Line 6 , $
If using variable rate and period payout is at beginning of period, calculation is:
(Line 4 x Line 5 x Line 6) + Line 3 , .. ... .... .... .. .. $
u
0.000
0
0
0.00000
0.00000
0
0
NOTE: The values of the funds which create the above future interests must be reported as part of the estate assets on Schedules A through
G of this tax return. The resulting life or annuity interest(s) should be reported at the appropriate tax rate on Lines 13 and 15 through 18.
(If more space is needed, insert additional sheets of the same size)
3WA6AJ 3.000
~a~'t ~iCZ ~rtb ~e~t~n~er~t
OF
DRUE S. McINNES
I, DRUE S. McINNES, of Cumberland County, Pennsylvania, do make,
publish and declare this to be my Last Will and Testament, hereby revoking all Wills and
Codicils by me at any time made.
ITEM I: I direct that all inheritance and estate taxes
becoming due by reason of my death, whether payable by my estate or by any recipient
of any property, shall be paid by the Executor out of the residue of my estate, as an
expense and cost of administration of my estate. The Executor shall have no duty or
obligation to obtain reimbursement for any such tax so paid, even though on proceeds
of insurance or other property not passing under this Will.
ITEM II: I direct the Executor to pay the expenses of
my last illness and funeral expenses from the residue of my estate as an expense and
cost of administration of my estate.
ITEM III: I may leave a written list in my safe deposit
box or elsewhere disposing of certain items of my tangible personal property. The
Executor shall dispose of items of my personal property as specified in the written list.
If no written list is found in my safe deposit box or elsewhere and properl~T identified by
the Executor within thirty (30) days after the probate of my Will, it shall be presumed
that there is no other statement or list. Any subsequent discovered list shall be ignored.
Page 1
"'1~'~'
I give to my children, who survive me, any tangible personal property not set forth in a
written list, to be divided among them as they shall agree. If my children are unable to
agree, the Executor shall divide this property among my children in as nearly equal
portions as the Executor, in the sole discretion of the Executor, deems practical, having
due regard to the personal preferences of my children.
ITEM IV: If my husband, HAROLD A. B. MCINNES,
(herienafter "my Husband") shall survive me, he shall be permitted to use my house at
260 Winding Way, Lower Allen Township, Cumberland County, Pennsylvania, for as long
as he is desirous or capable subject to the following
(a} So long as my Husband is living in the house at 260 Winding
Way, he shall be entitled to use all of the household goods and furnishings
contained therein which belong to me.
(b) My Husband's entitlement to use the aforementioned house
and personal property shall be subject to the condition that he pay the cost
of taxes, fire insurance and reasoable upkeep and maintenance, together
with all other municipal claims and charges z'elating to the ownership and
occupancy of the house.
(c) Harold A. B. McInnes's rights under this Will shall not be
terminated in the event that he remarries.
(d) At the death of Harold A. B. McInnes or at such time as he is
no longer willing or able to maintain his personal residence in the house,
Page 2 ~' ~
the house and its contents shall be disposed of in accordance with Item V
of my Will.
ITEM V: I give the residue of my estate, not disposed
of in the preceding portions of this Will, to my husband, HAROLD A. B. McINNES, and
,ALLFIRST NATIONAL BANK, as successor Co-Trustees, IN TRUST, to be administered
and distributed in accordance with the term~f an Agreement of Trust executed by me
as Trustee and by me as Settlor on the ~`~'" day of ~ ~ , 2002. I
confirm and ratify this Agreement of Trust in every respect.
ITEM VI: The Executor shall possess the following
powers, exercisable without court approval and in a fiduciary capacity only:
(a) To retain any investments I have at my death, including
specifically those consisting of stock of any bank even if I have named that
bank as the Executor.
(b) To vary investments and to invest in bonds, stocks, notes, real
estate mortgages or other securities or in other property, real or personal,
without being restricted to so-called "legal investments", and v~~ithout being
limited by any statute ar rule of law regarding divestments by fiduciaries.
(c) In order to divide the principal of my estate or make
distributions, the Executor is authorized to distribute personal property
and real property partly or wholly in kind, and to allocate specific assets
among beneficiaries so long as the total market value of each share is not
affected by the division, distribution or allocation in kind. The Executor is
Page 3 ~' c
authorized to make, join in and consummate partitions of lands, voluntarily
or involuntarily, including giving of mutual deeds, or other obligations, with
as wide powers as an individual owner in fee simple.
(d) To sell either at public or private sale any or all real or
personal property severally or in conjunction with other persons, and to
consummate sale(s) by deed(s) or other instrument(s) to the purchasers},
conveying a fee simple title. No purchaser shall be obligated to see to the
application of the purchase money or to make inquiry into the validity of
any sale. The Executor is authorized to make, execute, acknowledge and
deliver deeds, assignments, options or other writings as necessary or
convenient to carry out the powers conferred upon the Executor.
(e) To mortgage real estate, and to make leases of real estate.
(f) To borrow money from any person, including the Executor, to
pay indebtedness of mine or of my estate, expenses of administration or
inheritance, legacy, estate and other taxes, and to assign and pledge assets
of my estate.
(g) To pay all costs, taxes, expenses and chaz•ges in connection
with the administration of my estate.
(h) To make distributions of income and of principal to the proper
beneficiaries, during the administration of my estate, with or without court
order, in such manner and in such amounts as my Executor deems prudent
and appropriate.
Page 4 ~`'~ ~ rn
(i) To vote shares of stock which form a part of my estate, and
to exercise all the powers incident to the ownership of stock.
(j) To unite with other owners of property similar to property in
my estate to carry out any plans for the reorganization of any company
whose securities form a part of my estate.
(k) To disclaim any interest in property which would devolve to
me or my estate by whatever means, including but not limited to the
following means: as beneficiary under a will, as an appointee under the
exercise of a power of appointment, as a person entitled to take by
intestacy, as a donee of an inter vivos transfer, and as a donee under a
third-party beneficiary contract.
(1) To prepare, execute and file tax returns of any type required
by applicable law, and to make all tax elections authorized by law.
(m) To allocate administrative expenses to income or to principal,
as the Executor deems appropriate. However, no allocation to income shall
be made if the effect of the allocation is to cause a reduction in the amount
of any estate tax marital deduction or estate tax charitable deduction.
(n) To employ custodians of property, investment or business
advisors, accountants and attorneys as the Executor deems appropriate,
and to compensate these persons from assets of my estate, v~~ithout
affecting the compensation to which the Executor is entitled.
Page 5 ~-~ m G
(o) To do all other acts in the Executor's judgment deemed
necessary or desirable for the proper and advantageous management,
investment and distribution of the estate.
ITEM VII: Should my said husband, HAROLD A. B.
McINNES, by Will or Agreement of Trust, establish Trusts similar to the Trusts I have
established for the benefit of my issue, the Trustee of each Trust created in this Will shall
have the right to merge it with the similar Trust created by my Husband for the same
beneficiaries. If merged, the Trustee shall operate the merged Trusts as a single Trust.
ITEM VIII: If my Husband and I die under such
circumstances that it is impossible to determine which of us survived, it shall be
conclusively presumed and this Will shall be construed as if my Husband had survived
m.e.
ITEM 1X: I appoint my husband, HAROLD A. B.
McINNES, to be the Executor. In the event of his death, inability or refusal to serve, I
appoint my children, STEWART L. FENTON, LEE F. MAXWELL and LISA F. MOLEY, to
be the Co-Executors. The Executor(s) are specifically relieved from the obligation of
filingbond or entering security.
Page 6 '"' ~
IN WITNESS WHEREOF, I have set my hand and seal to this, my Last Will
and Testament, consisting of this and the preceding five (5) pages, at the end of each
page of which I have also set my initials for greater security and better identification this
~°''day of ~ ~ , 2002.
! T'Jr,~.r.a. .d1~ r~? ~~ (SEAL)
DRUE S. McINNES
We, the undersigned, hereby certify that the foregoing Will was signed,
sealed, published and declared by the above-named Testatrix as and for her Last Will
and Testament, in the presence of us, who, at her request and in her presence and in the
presence of each other, have hereunto set our hands and seals the day and year first
above written, and we certify that at the time of the execution thereof, the said Testatrix
was ofs/ound and disposing mind and memory.
`~ l ~.
/ /~ y_ )
`~ ~~ '~EAI;) Residing at ~~ ~E-r,, ~r
/-, y. _ ,
(SEAL) Residing at
(SEAL) Residing at ~~ti~ld, /C~L~7~ ~/
~.
Page 7
COMMONWEALTH OF PENNSYLVANIA
COUNTY OF p~ ~~P~-lr1v
SS.
We, DRUE S. McINNES, the testatrix, and ~ I'"~- ° r ~~ ~%crc,
and ~ the witnesses, whose
.~
names are signed to the attached or foregoinginstrument, beingfirst duly sworn, do hereby
declare to the undersigned authority that the testatrix signed and executed the instrument
a.s her Last Will; that the testatrix signed willingly and executed it as her free and voluntary
act for the purposes therein expressed; that each subscribing witness in the hearing and
sight of the testatrix signed the Will as a witness and that to the best of his or her
knowledge the testatrix was at that time eighteen (18) years of age or older, of sound mind
grid under no constraint or undue influence.
DRUE S. McINNES~
WI'I~E$S
~ ~ ~ ;`l
_ ~~
WITN S
~~ \ Subscribed, sworn to and acknowledged before me by DRUE S. McINNES,
the testa rix, and subscribed and sworn to befo//re me by ~c•(-~';.-~,~ ~~ . ~',~ ~, , ~ r ,
~ ~ / ~ and I'~ t~ ~ x ~~t ~ ~~~nCK_'_r i~ /1~n'y , VI~1tneSSeS, tl"11S '~ ~ `,
ra, ~ U v~ ~~
day of J U. ~„ . , 200 .
Notary Public
(SEAL)
Page S
Notarial Seal
Melisa M. Lucas, Notary Public
City of Harrisburg, Dauphin County
]viy Commission Expires Oct. 13. 2003
PERSONAL MEMORANDUM TO LAST WII.L AND TESTAMENT
OF DRUE S. McINNES
DATED:
PERSON TO RECEIVE ITEM DESCRIPTION OF ITEM
:298556 1
..." ~ i., ~.~~-.~~.~ ax vv V~JUJlCJt
ATTORIJ EYS AT LAW
f-iARRISHURG. PENNSYLVANIA 17110-D950
REVOCABLE TRUST AGREEMENT
THE DRUE S. McINNES REVOCABLE TRUST
f`
THIS AGREEMENT is made and entered into this ~~ day of
V ~ f~ , 2002, by and between DRUE S. McINNES, of Cumberland County,
Pennsylvania, as Settlor (the "Settlor"), and DRUE S. McINNES, as Trustee (the "Trustee").
WITNESSETH:
WHEREAS, the Settlor may be desirous in the future of placing the active
management and control of certain property in the hands of the Trustee.
NOW, THEREFORE, for and in consideration of their mutual covenants and
promises, the Settlor and Trustee agree as follows:
ARTiCL~ O~
TRUST ASSETS
~i.l The Settlor, or any other party or person, may f~~om time to time make
policies of insurance on the Settlor's life, indi~~idual retirement account benefits, and/or
qualified or non-qualified retirement plan benefits payable to the Trustee, or may transfer
assets to the Trustee, subject to the terms of this Agreement, by inter ~~vos g~•ant or by V~rill.
The trust assets shall include the proceeds of all insurance policies payable to the Trustee and
all such other benefits or added assets (collectively the "Trust .Assets"), which shall be held,
administered, distributed and governed by the Trustee, IN TRUST N.IJ'VERTI-IELESS, in
accordance udth the provisions of this instrument and any amendments hereto.
ARTICLE Two
Definitions
§2.1 The following terms shall have the meanings designated below:
§2.1.1 "Settlor's Husband" shall mean her husband,
HAROLD A. B. McINNES.
§2.1.2 "Settlor's Issue" shall mean:
§2.1.2.1 Her living children, STEWART L.
FENTON, LEE F. IV2?~XWELL and LISA F.
MOLEY.
§2.1.2.2 Her grandchildren, KYLE S.
MA~TWELL, CHRISTOPHER S. MA~i'WELL,
PATRICK D. MA~'WELL, ALISON B. FLYNN,
KATIE L. FLYNN, COREY E. FLYNN and
ASHLEY L. FENTON.
ARTICLE THR.IJI; i
DuRIIVG Txc SETrLOR'S L ~ ~~~
§3.1 During the Settlor's lifetime, the Trustee shall have, hold, manage, invest
and reinvest the Trust Assets, collect the income, and
-2- i
§3.x.1 The Trustee shall pay or apply the entire net
income as the Settlor may from time to time direct in uniting. The
Trustee shall also payto the Settlor such sums from vrportions of
the principal of the trust as the Settlor may from time to time
request in writing delivered to the Trustee during the Settlor's
lifetime.
§3.x.2 The Trustee shall pay and use such portion or all of
the income and principal of the Trust Assets as the Trustee, in the
Trustee's sale discretion, shall deem necessary from time to time
to pro~~ide for the proper maintenance, support, education,
medical, hospital, nursing or nursinghame care of the Settlor and
her dependent children.
ARTICLE FOUR
UPON THE SETTLOR'S DEATH
§4.1 Upon the death of the Settlor, the Trustee shall di~dde and distribute the
balance of the Trust Assets as follows:
§4.1.1 If the Settlor's Husband sur~dves the Settlor, the
Trustee shall retain in trust an amount equal to the value of the
balance of the Trust Assets (determined on the basis of the values
finally determined for federal estate tax purposes), reduced by an
amount, if any, needed to increase the Settlor's taxable estate so
that the federal estate tax as finally determined (excluding any
supplemental federal estate tax imposed by Section 4980A(d) of
the Internal Revenue Code), will equal the Settlor's unified credit
and the state death tax credit (to the extent that the use of said
credit does not result in an increase in the state death taxes
other~~ise payable) available against such tax, assuming that an
election were made to quali fy all qualified. tez~inable interest
propert}J, ether than the trust provided for under Article Five of
this Agreement, for the federal estate tax maa~ital deduction
whether or not such election is actually made. This trust may be
composed of cash, or parl;ly of cash and partly of property in kind,
shall be funded only with property which qualifies for the federal
-3-
estate tax marital deduction in the Settlor's estate, valued at the
date of distribution, and which, to the ea~tent other property is
available, shall not include property for which a foreign death tax
credit is available. The Executor of the Settlor's estate shall have
the right to make the election provided by Section 2056(b) (7) (B) (v)
of the Code, on the federal estate tax return prepared on behalf of
the Settlor's estate to have a portion or all of the property
distributed pursuant to this §4.1.1 treated as qualified terminable
interest property in order to qualify such portion or all of the
propertyfor the marital deduction for federal estate tax purposes,
which election shall be binding and conclusive upon the Trustee.
if the Settlor's Executor elects to have a portion or all of such
assets so qualify, such elected assets may, at the discretion of the
Trustee and so long as the election to qualify such assets for the
federal estate tax marital deduction is not jeopardized, be held
and administered by the Trustee as a separate trust estate with
the balance, if any, of the assets which are governed by this §4.1. ~
also held and administered as a separate trust estate or may be
held and maintained by the Trustee v~dth the non-elected assets as
one trust estate. In either case, any such trust or trusts shall be
held, administered and disposed of in accordance with the
provisions of Article Five hereof (the '7Vlarital Trust").
§4.1.2 The Trustee shall retain in trust such of the Trust
Assets as shall not have been retained pursuant to the preceding
§4.1.1, to be held, administered and disposed of in accordance v~~ith
the provisions of Article Six hereof (the "Applicable Credit Trust") .
ARTICLE ~~
MARITAL TRUST
§5.1 If the Settlor's Husband survives her, the Trustee shall hold the Marital
Truss, in a separate trust during the life of Settlor's Husband upon the follo~dng terms and
conditions:
-4-
§5.1.1 Trustee shaD pay to, or apply for the benefit of,
Settlor's Husband the greater of (i) all_ the net income of this
Marital Trust in quarterly or other convenient installments, but at
least annually, or (ii} the minimum annual mandatory
distributions required by Proposed Treasury Regulations
§1.401{a)(9)-1 and as may be required by final Regulations. The
determination of the net income of the Marital Trust shall be
governed by applicable state law; in no event shall any expense
chargeable to the principal of this Marital Trust be paid from the
income of the Trust.
§5.1.2 At any time and from time to time, Trustee shall pay
to, or apply for the benefit of, Settlor's Husband so much or all of
the principal as Trustee in its discretion, determines is the
amount necessary or appropriate for Settlor's Husband's health,
maintenance and support.
§5.1.3 In no event and at no time duringthe life of Settlor's
Husband shall Trustee pay to or apply for the benefit of any
person (other than Settlor's Husband} anyportion of the principal
of this Trust.
§5.1.4 Notwithstandinganythingcontrarycontainedinthis
Marital Trust, Settlor directs that (a) in establishing the Marital
Trust for his Husband under this Article Five, there shall not be
allocated thereto any property or the proceeds of any property
which does not qualify for the marital deduction allowable in
determining the Federal estate tax on Settlor's estate, and {b)
Trustee shall, upon the written request of Settlor's Husband,
promptly dispose of any property which may, at any time, be
unproductive or underproductive of a reasonable income, and
invest the proceeds of such disposition in property which is
productive of a reasonable income.
§5.i.5 If Settlor has any unused Generation Shipping
Transfer Tai ("GST") exemption at her death, two (2) separate
Marital Trusts shall be established, as follows: Marital Trust 1
shall consist; of that fractional interest of the balance of this Trust
at Settlor's death as has {i) a numerator equal to that amount of
Settlor's unused GST exemption existing at her death and (ii) a
denominator equal to the value of the balance of this Trust at her
-5-
e
r'
death; Marital Trust 2 shall consist of the balance of this Trust.
Each such separate Trust shall be held, administered and
distributed in accordance with the same terms and pro~dsions that
would have applied if only one Marital Trust had been required to
have been established; provided, however, that all principal
distributions to Settlor's Husband (including, but not limited to,
the excess of the mandatory annual minimum distributions under
Section 401(x)(9) of the Code over the combined income of Marital
Trust 1 and Marital Trust 2 for any taxable year) shall be paid
solelyfrom Marital Trust 2 until Marital Trust 2 is exhausted. The
Executors of Settlor's estate shall direct the Trustees, in writing,
regarding the amount of Settlor's unused GST exemption at her
death for the purpose of establishingthegroper fractional share of
each Marital Trust under this subparagraph 5.1.5.
§5.2 Upon the death of Settlor's Husband,
§5.2.1 Trustee shall pay to the estate of Settlor's Husband
an mount, as directed by the Trustees, equal to the sum of (a)
any accrued but undistributed income as of the date of his death,
and (b) such sum or sums from the principal of this Trust as may
be directed by subparagraph §5.1.5 of this Article Five as the
executor of Settlor's Husband's estate may request, in v~~iting, for
any death taxes payable by reason of his death with respect to
property held under this Trust, other than such taxes as would,
under the provisions of Settlor's Last Will, be payable from any
source other than this Trust. "Death taxes", as used in this
subparagraph, shall include interest and penalties thereon.
§5.2.2 The Executor shall notify the Trustee of the amount,
if any, payable by Trustee under subparagraph §5.2.1 of this
Article Five. For this purpose, the Trustee shall rely upon the
directions received from the executors of Settlor's Husband's
estate.
§5.2.3 Upon the death of the sur«vor of the Settlor and the
Settlor's Husband, the Trustee shall distribute the balance of the
Trust proper= to the Settlor's issue, per stirpes, with any share
allocable to a beneficiary under the age of thirty (30) years being
held in continued trust for the benefit of such beneficiarJ~ in
accordance with the provisions of Article Seven hereof (the
"Issue's Trust").
ARTICLE SL1
APPLICABLE CREDI'T' TRUST
§6.1 The Trustee shall have, hold, manage, invest and reinvest the assets of the
Applicable Credit Trust, collect the income and the Trustee shall distribute the balance of the
Trust property to the Settlor's issue, per stirpes, with any share allocable to a beneficiary under
the a,ge of thirty (30) years being held in continued trust for the benefit of such beneficiary in
accordance with the provisions of Article Seven hereof (the "Issue's Trust")
ARTICLE SEVEN
ISSUE'S TRUST
§7.1 The Trustee shall have, hold, manage, invest and reinvest the assets of the
Issue's Trust, collect the income and
§7.1.1 While the beneficiary of the Issue's Trust (the
"Beneficiary") is under twenty-one (21) ,years of age, the Trustee
shall apply to or for the benefit of the Beneficiary so much of the
net income and, if the net income is insufficient, so much of the
principal of the Issue's Trust as the Trustee shall f1~om time to
time deem necessary or propex• for the Beneficiary's health,
maintenance, support and complete education, including
prepai~atoly, college and graduate education, and professional,
vocational or technical training, taking hito account other
available funds, including the Beneficiar5~s assets. The Trustee
shall annually accumulate any net income not so distributed and
add the same to the principal of the trust properly.
-7-
§7.1.2 After the Beneficiary attains twenty-one (21) years
of age, the Trustee shall distribute to or for the benefit of the
Beneficiary the net income of the Issue's Trust in quarter-annual
installments, or more frequentlyif the Trustee deems it advisable,
and so much of the principal as the Trustee shall from time to
time deem necessary or proper for the Beneficiary's health,
maintenance, support and complete education, including college
and graduate education, and professional, vocational or technical
training, and to assist the Beneficiary with reasonable wedding
expenses, in the purchase of a principal residence or in the
establishment of a profession or business considered a good risk
by the Trustee, tal~ng into account other available funds,
including the Beneficiary's assets.
§7.1.3 At any time after attaining the age of twent3~ one
(21) years, a Beneficiary may withdraw such sums as do not
exceed one third (~/s) of the market value of the principal of the
Issue's Trust as constituted on the Beneficiary's twent3T first (2~st)
birthday.
§7.1.4 At any time after attaining the age of twenty-five
(25) years, a Beneficiary may withdraw such sums as do not
exceed one-half (1/2) of the market value of the principal of the
Issue's Trust as constituted on the Beneficiary's twentST fifth
(25th) birthday.
§7.1.5 At any time after the Beneficiary attains the age of
thirty (30) he or she may withdraw any or all of the then
remaining balance of his or her trust.
§7.1.6 If the Beneficiary dies before complete termination
of the Issue's Trust, the Trustee shall distribute the property then
held in trust as follows:
§7.1.6.1 If the Beneficiary's trust is a
Non-GST Exempt Trust as defined in §9.2.15
herein, the Trustee shall distribute the property
then held in trust for the Beneficiary to such
persons or entities (including the Beneficiary's
estate), in such amounts and upon such terms,
trusts and conditions as the Beneficiary by his last
-8-
Will may appoint by specific reference to this
general power of appointment. Anyproperty not so
appointed shall be divided into shares for the
Beneficiary's issue then living, per stirpes, or if
none, for the then living issue of the marriage of
the Settlor and the Settlor's Husband, per stirpes;
with any share allocable to a Beneficiary under
twenty-five (25) years of age being held in
continued trust in accordance with the provisions
of this Article Seven.
§7.1.6.2 If the Beneficiary's trust is a
GST Exempt Trust as defined in §9.2.15 herein, the
Trustee shall distribute the property then held in
trust for the Beneficiary to such of the issue of the
marriage of the Settlor and the Settlor's Husband
other than the Beneficiary in such amounts and
upon such trusts, terms and conditions as the
Beneficiary by his last Will may appoint by specific
reference to this special power of appointment.
Before exercising such special power of
appointment, the Settlor requests that the
Beneficiary seek counsel regardingthe generation
sl~ippingtransfer tax effects of such exercise. Any
property not so appointed shall be di~~ided into
shares for the Beneficiar3~'s issue then living, per
stirpes, or if none, for the then living issue of the
marriage of the Settlor and the Settlor's Husband,
per stirpes; with any share allocable to a
Beneficiary under twenty-five (25) years of age
being held in continued trust in accordance with
the provisions of this Article Seven.
-9-
ARTICLE EIGHT
APPOIN'I'Iv11;NT OF FIDUCIARIES
§8. i Upon the death, resignation or incapacity of the Settlor to act as Trustee
hereunder as certified in writingby the Settlor's then personal attendingphysician, the Settlor
appoints the Settlor's Husband, HAROLD A. B. McIlVNES, and ALLFII~,ST NATIONAL
BANK, as successor Co-Trustees. If Settlor's Husband shall fail or cease to act for any
reason, the remaining Co-Trustee may serve as the sole Trustee.
§8.2 The then income beneficiaries (or their natural or legal guardians) of all
trusts herein created may remove at any time any Trustee, other than the Settlor's Husband,
with or without cause, by unanimous decision, without court approval, provided that such
beneficiaries by unanimous decision immediately appoint a successor corporate or individual
Trustee qualified to serve.
§8.3 The Co-Trustees shall act by majority vote. Except for specific
references herein to the "Individual" or "Corporate" Trustees, all references herein t;o the
"Trustee" shall mean the originally appointed Tlvstee, the Individual and/or Corporate Co-
Trustee, as the case maybe.
-10-
ARTICLE NIIVE
POWERS OF FIDUCIARIES
§9.1 No fiduciaryunder this Agreement shall be required to give bond or other
security for the faithful performance of the fiduciary's duties.
§9.2 Any such fiduciary shall have the followingpowers, in addition to those
given bylaw:
§92.1 To invest in, accept and retain any real or personal
property, including stock of a corporate fiduciary or its holding
company, without restriction to legal investments; provided,
however, if any property that forms a part of the principal of the
trust(s) established by Article Five of this Agreement is
unproductive, the Settlor's Husband may at any time and from
time to time by a written notice require the Trustee of said
trust(s) holding such unproductive property either to make any or
all of such propertyproductive or to convert such propertywithin
a reasonable time after the Trustee receives such notice;
§9.2.2 To sell, exchange, partition or lease for any period
of time any real or personal property and to give options therefor
for cash or credit, v~~th or without security;
§9.2.3 To borrow money from any person including any
fiduciary actinghereunder, and to mortgage or pledge any real or
personal property;
§9.2.4 To hold shares of stock or other seeul•ities in
nominee registration form, including that of a. clearing
corporation or depository, or in book entry form or um•egistered
or in such other form as will pass by delivery;
§9.2.5 To make distributions in cash, or in kind at curr°ent
values, or partly in each, allocating specific assets to particular
-11-
distributees on a non pro rata basis, and for such purposes to
make reasonable determinations of current values;
§9.2.6 To terminate, following the death of the Settlor's
Husband any trust created herein, the principal of which is or
becomes too small in the Trustee's discretion to make the
establishment or continuance of the trust advisable, and to make
immediate distribution of the then remainingtrust property to the
beneficiary then entitled to the income of the trust property or, if
there is more than one beneficiary, to the beneficiaries then
entitled to the income of the trust property, in proportion to their
respective interests therein or, if such interests are not defined, in
equal shares to such beneficiaries. The receipts and releases of
the distributees will terminate absolutely the right of all persons
who might otherwise have a future interest in the trust, whether
vested or contingent, without notice to them and without the
necessity of filing an account in any court;
§9.2.7 If the Settlor's Executor does not make an election
pursuant to Section 2056(b)(7)(B)(v) of the Code with respect to
all of the assets held in trust under Article Five hereof, the trust
estate thereunder maybe divided into separate trusts pursuant to
the terms of the election and such division shall be based upon the
fair market value of the assets comprising the trust at the time of
the division;
§9.2.8 To allocate between the trusts established by
Articles Five and Six of this Agreement any property that is not
includible in the Settlor's estate for administration purposes, but
which is paid directly f;o the Trustee and is not otherwise
designated for a specific trust, in such shares as the Trustee
deems appropriate; provided, however, any portion of such
property that does not fo1~n a part of the Settlor's gross estate for
federal estate tax purposes shall be allocated to the trust
established by Article Six of this Agreement and shall not be used
for the payment of death taxes, debts or administration expenses;
§9.2.9 To execute any ag7•eement relating to the
disposition or redemption of any business interest that maybe a
part of the trust estate, whether the same involves a. proprietary
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interest, a partnership interest or stock in a closely held
corporation;
§9.2.10 To operate or arrange for the operation of any
business interest held hereunder, and to join or become a party
to, or to oppose, any reorganization, readjustment, foreclosure,
merger, voting trust, dissolution, consolidation or exchange
relating to any such business interest;
§9.2.11 To engage in litigation and compromise, arbitrate
or abandon claims;
§9.2.12 To determine the apportionment of receipts and
e~°penses, including extraordinary cash dividends, stock
dividends, capital-gain dividends of regulated investment
companies and proceeds and expenses of the sale of unproductive
real estate, between income and principal, such apportionment to
be made so as to balance fairly the interests of any income
beneficiary and the remaindermen;
§9.2.13 To make elections, decisions, concessions and
settlements in connection v~dth all income, estate, inheritance, gift
or other tax returns and the payment of such taxes, without
obligation to adjust the distributive share of income or principal of
any person thereby affected;
§9.2.14 To merge, after the death of the Settlor, any trust
created hereunder with any other trust or trusts created by the
Settlor or the Settlor's Husband, under will or deed, if the terms of
any such trust are then substantially similar and are held for the
primary benefit of the same persons, and if such merger shall not
cause anyadverse estate, income or generation sl~ippingtransfer
tax consequences; and
§9.2.15 The Settlor's Executor is authorized to allocate
any of the Settlor's exemption from federal generation shipping
transfez~ tax under §2631 of the Code to any property as to which
the Settlor is the deemed transferor under §2652(x) of the Code,
regardless of whether or not the property with respect to which
an election or allocation is made is part of the Settlor's probate
estate. Any such election or allocation shall be bilidi7ig upon the
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Trustee and any beneficiary of any trust created hereunder. The
Trustee is authorized to divide any trust created hereunder into
two or more separate trusts if such separation, in the discretion of
the Trustee, is advantageous to such. trust and the beneficiaries of
such trust for the purposes of application of the federal
generation sl~.pping transfer tax; provided, however, that such
separated trusts shall be held, administered and disposed of in
accordance with the terms hereunder as identical trusts in all
other respects.
ARTICLE TEN
BUSWESS INTERESTS
§i0.1 In the event any business interest should be a Trust Asset, whether the
same involves a proprietary interest, a partnership interest or stock in a closely-held
corporation, either wholly owned, controlled by the Trustee or owned in substantial part by the
Trustee, the Trustee is authorized, subject to the terms of any agreement which the Settlor or
the Trustee may have made for the sale of such interest, to continue said business until such
time as the Trustee shall deem it advisable to sell, liquidate or distribute the same in kind.
With respect to any sale or exchange of the stock of any such business interest and in the
absence of any such agreement entered into by the Settlor or the Trustee, the Trustee is
directed to consider and determine the appropriateness of a sale or redemption of such stock
in accordance v~rith Section 303 of the Internal Revenue Code to the business entity and a
possible deferral of federal estate tax payments under Section 6166 of the Internal Revenue
Code. It is the Settlor's desire that, to the exl;ent possible, any such business interest be
continued or disposed of only in an orderly manner so as to maximize the proceeds of any
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disposition. If an election under the foregoingprovisions will effect such desire, the Trustee is
encouraged to pursue such election if it deems such election also to be in the best interests of
the trust(s) created hereunder and the beneficiaries thereof. The Trustee shall have all rights
and powers in connection with such business as an owner thereof, including specifically the
power at any time and from time to time to operate or to join in the operation of the same as a
going concern, to form or to reform a general or limited partnership, to incorporate or to
reincorporate and to liquidate or to sell the same or any part thereof as the Trustee deems
advisable for the best interests of the trust(s) created hereunder and the beneficiaries thereof
without the necessity of any order of court and without any liability for loss resulting from the
operation of said business, except when such loss is the result of gross negligence or fraud on
the part of the Trustee.
ARTICLE ELEVEN
DUTIES AND RIGHTS WITH RESPECT TO POLICICS
§ ~ 1. ~ The Settlor and the Trustee shall have the following duties and rights with
respect to all insurance policies payable to the Trustee (the "Policies"):
§11.1.1 The Trustee shall not be obligated to pay any
premiums or assessments on any of the Policies and shall be
under no obligation with respect to the Policies, except -for
safekeeping during the Settlor's lifetime and to the ex~f;ent
otherwise eaTpressly agreed to herein.
~~' 11.1.2 With respect to any of the Policies, the Settlor
reserves to himself, during his ownership of said Policies and
during his lifetime, all rights, payments, di~~idends, surrender
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values and benefits of any hind which may accrue on account of
any of the Policies, and the right at any time to assign, pledge or
use said Policies, or any of them, or to change the beneficiary
thereof to borrow money thereon, or for any pulPose, without the
consent, approval or joinder of the Trustee or any beneficiary
hereunder. It is the intent of the Settlor, with regard to said
Policies, that this instrument shall be operative onlywith respect
to the proceeds of such of the Policies as maybe due and payable
to the Trustee at the time of the death of the Settlor or thereafter,
after deduction of all charges against the Policies by reason of
advances, loans, premiums, or otherwise; and the receipt of the
Trustee for such proceeds shall release the insurance companies
from liability on the Policies.
§11.1.3 The Settlor agrees and directs that, upon her
death, the proceeds of all Policies which are then subject to the
terms of this instrument shall be paid in accordance with the
directions then set forth in said Policies or the beneficiary
designations then attached thereto. If the proceeds of said
Policies are payable to the Trustee, the Trustee may institute any
proceeding at law or in equity in order to enforce the payment
thereof, and may do and perform any and all other acts and things
which maybe necessary, for the purpose of collecting any sums
which maybe due and payable under the terms of said Policies; it
being distinctly understood, however, that the Trustee shall not,
except at its option, enter into or maintain any litigation to
enforce the payment of said Policies until it shall have been
guaranteed indemnification by one or more of the beneficiaries of
this instrument to its satisfaction against all expenses and
liabilities to which it may, in its judgment, be subjected by any
such action. The Trustee is authorized to compromise and adjust
claims az•ising out of the Policies, or any of them, upon such terms
and conditions as it may deem just, and the decision of the
Trustee shall be binding and conclusive upon all parties
interested therein.
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ARTICLE'I'WELVE
PROVISION FoR Tams, DEBTS aND EXPENSES
§~2.1 The Trustee may pay any of the Settlor's legally enforceable debts, any
expenses of her last illness, funeral, burial and administrative expenses of her estate and
estate taxes, inheritance taxes, transfer taxes and other taxes of a similar nature payable by
reason of the Settlor's death to any government or subdivision thereof upon or with respect to
any property subject to any such tax, and any penalties thereon, or any portion thereof, in the
t'rustee's sole discretion, without reimbursement, out of the principal of that portion of Trust
assets disposed of by of Article Six hereof.
ARTICLE TI~ZTEEN
REVOCABILITY
§~3. ~ The Settlor may, by instrument in writing delivered to the Trustee, modify,
alter or revoke this instrument in whole or in part; provided, however, that the duties, powers,
compensation and liability of the Trustee shall not be changed v~dthout the v~~itten consent of
the Trustee.
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ARTICLI; FOURTEEN
MISCELLANEOUS PROVISIONS
§14.1 As used in this Agreement, the term "Code" shall mean the Internal
Revenue Code of 1986, as amended from time to time, or the corresponding provision of
subsequent law.
§14.2 If the Settlor's Husband and the Settlor die under such circumstances that
it is impossible to determine which survived, it shall be conclusively presumed and this
Agreement shall be construed as if the Settlor's Husband had survived the Settlor.
§14.3 Whenever a discretionary distribution of net income or principal is
permitted pursuant to any trust created hereunder, if such distribution maybe made in whole
or in part to a person who is then a Trustee of such trust, such person may not participate in
any way in the decision whether to make such distribution. No Trustee who is under a legal
obligation to support a beneficiary of a trust created hereunder shall participate in the exercise
of any discretion granted to the Trustee of that trust: to distribute nei: income or principal in
discharge of that legal obligation. I{'urthermore, no Trustee shall enter into any reciprocal
aiTangement v~~th any other trustee for the puz~ose of indirectly exercising a. power prohibited
hereunder.
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,x'14.4 Whenever the Trustee is directed to distribute propertyy to or for the
benefit of any beneficiary who is under (a) twenty-one (21) years of age, or (b) a legal disability
or otherwise suffers from an illness or mental or physical disability that would make
distribution directly to such beneficiary inappropriate (as determined in the Trustee's sole
discretion exercised in good faith), the Trustee may distribute such property to the person who
has custody of such beneficiary, may apply such property for the benefit of such beneficiary,
may distribute such property to a custodian for such beneficiary, whether then serving or
selected and appointed by the Trustee (including the Trustee), under any applicable Uniform
'I~ansfers to Minors Act or Uniform Gifts to Minors Act, may distribute such property to the
guardian of such beneficiary's estate, may distribute such property directly to such
beneficiar3~s estate, or may distribute such property directly to such beneficiary (except if any
of the conditions hereinbefore described in (b) apply), without liability on the part of the
Trustee to see to the application of such property. This pz°ovision shall not in anyway operate
to suspend such beneficiar3~'s absolute ownership of such property or to prevent the absolute
vestulgthereof in such beneficiary.
§14.5 Except as otherwise may be provided in this Agreement, duz°ing the
continuance of any of the trusts created hereunder and thereafter until the properf,,y is
distributed to and received by any beneficiary hereunder, the principal stuns thus held i11 tzvst
for any beneficiary, respectively, and the income thereof shall not be subject to or liable for ally
contracts, debts, engagements, liabilities or torts of such beneficiary now or hereafter made,
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contracted, incur7~ed or committed, but shall be absolutely free from the same, and such
beneficiary shall have no power to sell, assign or encumber all or anypart of the principal sums
or such beneficiary's interest therein, respectively, or the income thereof, or to anticipate the
income.
§1.4.6 An individual fiduciary shall be entitled to receive reasonable
compensation for such fiduciary's services hereunder. A corporate fiduciary shall be entitled
to receive compensation for its services hereunder in accordance with its schedule in effect
when the services are perf ormed, but not in excess of such compensation as would be approved
by a court of competent jurisdiction.
§14.7 Notwithstanding any other provision of this Agreement, upon the
e~:piration of twenty-one (21) years after the death of the last survivor of the Settlor's Husband
and issue living at the ~ettlor's death, the trusts created hereunder shall forthu~th terminate
and the trust property shall be distributed to the beneficiary then entitled to the income of the
trust property or, if there is more than one beneficiary, to the beneficiaries then entitled to the
income oi' the trust property in proportion to theiz° respective interests therein or, if such
>xlterests are not defined, in equal shares to such beneficiaries.
§ 14.8 This instrument and any trust created hereunder shall be governed by the
laws of Pennsylvania and shaIl have .its sites in Dauphin County, Pennsylvania.
_~n_
IN V~~ITNESS WHEREOF, the Settlor and the Trustee have hereunto affirmed
their hands and seals and/or caused this instrument to be duly executed on the date and year
first written above.
SETTLOR:
DRUE S. McINNES
TRUSTEE:
y 1~~ ~ I~eP~~
DRUE S. MciNNES
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THE DRUE S. McINNES REVOCABLE TRUST
SCHEDULE A
WTI'NESS:
SETTLOR:
DRUE S. McTNNES
TRUSTEE;
DRUE S. McINNES
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COMMONWEALTH OF PENNSYLVANIA )
ss:
COUIVTI' OF Oia ~~ r1}-~)1 ~l-' )
On this, the ~r t~ day of . ~ ~~ ~ ~ , 2002, before me, a notarypublic, the
undersigned officer, personally appeared DRUE S. Mc1NNES, lmown to me (or satisfactorily
proven) to be the person whose name is subscribed to the within instrument, and aclmowledged
that she executed the same for the purposes therein contained.
IN WITNESS WHEREOF, I hereunto set my hand and official seal.
~~
Notary Public
My Commission Expires:
(SEAL)
Notarial Seal
Melisa M. Lucas, Notary Public
City of Harrisburg, Dauphin County
My Commission Expires Oct. 13, 2(?03
Member, Pennsylvania Association of Notaries
:298567 ~ - 23 -