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HomeMy WebLinkAbout05-29-09PETITION FOR PROBATE AND GRANT OF LETTERS REGISTER OF WILLS OF CUMBERLAND COUNTY, PENNSYLVANIA Estate of JOHN C. EMRTCU ~~ ~ r~9- ts~~ File Number also known as JOHN CHAR c cMRi H Petitioner(s), who is/are 18 years of age or older, apply(ies) for: (COMPLETE 'A' OR B' BELOW.) Deceased Social SecuriTy Number 405560541 Q A. Probate and Grant of Letters Testamentary and aver that Petitioner(s) is /are [he M.A TTH ~! MRit'u last Will of the Decedent dated 11 / 7/ 2 ~ 00 named in the and codicil(s) dated (State relevant circumstances, e.g., renunciation, death of executor, etc.) Except as follows, Decedent did no[ marry, was no[ divorced, and did not have a child bom or adopted after execution of the instrument(s) offered for probate, was not the victim of a killing and was never adjudicated an incapacitated person: ^ B. Crant of Letters of Administration n ~' a 0 (Ijapplicable, enter. at.a.; d. b.n.c.t.a.; pendente lice; durance absentia; inoritaJ li ~_:~! Petitioner(s) after a proper search has /have ascertained that Decedent left no Wilt and was survived by [he following,any~~a td hei4~j([j' Administration,c.t.a.ord.b.n.c.t.a., enter date ojWi!l in SectionAabove and complete list ojheirs.) - ~7 -~i 01 (COMPLETElNALL CASES:) Attach additional sheets ijnecessary. Decedent was domiciled at death in ~MBERL AND County, Pennsylvania, with his /her last principal residence at 96 LONGWOOD DR7V MFCN1NTf C{tIIRf pp i7p sn ci VCR CPRiNf TO NC41TP (Lrst street address town/ctty township county state, np code) Decedent, [hen b6 years of age, died on5/20/2009 at HOLY SPIRTT HOCprTA FAST PENNC_BORO TO ~!h!cHIP MB a! eun rat ~+~ PA Decedent at death owned property with estimated values as follows: (If domiciled in PA) All personal property $ ~•4 c 0~0 00 (If no[ domiciled in PA) Personal property in Pennsylvania $ (If not domiciled in PA) Personal property in County $ Value of real estate in Pennsylvania $ _ 200 ~Oll DO 96 LONGWOOD DRIVE, MECHANICSBURG, PA 17050 situated as follows: Wherefore, Petitioner(s) respectfully request(s) the probate of the last Wilt and Codicil(s) presented with this Petition and the grant of Letters in the appropriate form to the undersigned: Signazure Typed or printed name and residence '- MATTHEW J: EMRICH Form RW-02 rev. 10.13.06 Page 1 of 2 Oath of Personal Representative COMMONWEALTH OF PENNSYLVANIA COUNTY OF ~i~MBERLAND the Register Signature of Persona! Representative The Petitioner(s) above-named swear(s) or affirm(s) that the statements in the foregoing Petition are the Imowledge and belief of Petitioner(s) and that, as personal representative(s) of the Decedent, Petition administer the estate according to law. Swom to or affirmed ands scribed '~`~~ ~. Signature oJPersonoi Representative before me the da4 of Signature ojPersonal Represenmtive N 0 a ~A<''' ct~ the t}est,cit( a~truly~. ~' '~ a :- ,~ rv ~ ' "'? File Number: _ !]~~^ Q /' ~Q~ Estate of JOHN C. EMRrru - ,Deceased SS Social` Se~cu~Jrity Number: 4 O S 56 0 _s y i. Date of Death: 5 / 2 0 / 2009 AND NOW, ~C//fd OZ~ , 20n9 , in consideration of the foregoing Petition, satisfactory proof having been presented ore me, IT IS DECREED that Letters TESTAMENTARY are herebygran[edto HATTH ~~ i. MRIfH in the above estate andthattheinstnunent(s)dated NOVEMBER 7, 2l]L70 described in the Petition be admitted to probate and filed of record stye last Will (and Cgdicil(s)) of Dece~ent. i ............... FEES.... $ Letters (~~• ~ Short Certificate(s) ............ $ ~_ Renunciation(s) ............... $ ~ $ .... $ ~d • .... $ Attorney Signature: Attorney Name: Sl1SAN H. ~ONFAra Supreme Court I.D. No.: 70241 ~~~• $ Address: .... $ .... $ .... $ Telephone: ~~ TOTAL ............................. Form RW-01 rev. 10./3.06 Page 2 of 2 HI05.605 RCV (OIN9) LOCAL REGISTRAR'S CERTIFICATION OF DEATH ~ 9-zSd~ WARNING: It is illegal to duplicate this copy by photostat or photograph. Fee for this certificate, $6.00 P 15189658 Certification Number TPEM # i~ _ SHOULD READ AS FOLLOWS: FEV t14Wp rnmTX MNEM :F mx LNXn aO««nlNm.nV John 5>aen.l amarl 66 ra. ' mco-nyd L«m Cumberland n. L.r«Ny uxr Manager • fE.CweiY, Mena AEe,« 96 Lonawoo~ This is to certify [hat the information here given is correctly copied from an original Certificate of Death duly filed with me as Local Registrar. The original certificate will be forwarded t0 the State Vital Records Offiee for permanent filing. Md 21 9 c ~fi a strnr ~ Date issued COMMONWEALTH OF PENNSYLVANIA • DEPARTMENT OF HEALTH • VRAL RECORDS CER7IFICA7E OP DEATH (Sea InMructlona and axampNe on rowreeJ n N O ~- ~~ a a ~ .~ _._ ~~rt N T~ . r_7 ADO A• ~ - , ~ ' ~y ~ , ='. ~ D - rt •• , r -) N BTgTE FILE NUMBEfl -- Oct. 13, 1942 x. ra y.9am,*w .aonn MFedk, NMw East Pennsboro $oly ,aaMYeo« nbxa as.romew uwr MYbdarw,l~ Federal Gov t U.E MdMF . ®ty, M drylbn, nb, W W,1 Drive ~Y ~.. g , PA 17050 .~ M r l ie s Emrich Louisville, KY Spirit Hos ital In n''ipi°r°°'"~ P Metlnn. Wab awn erc.l OenaedbxrXme 19.DavkaT Eanlbn lspeezywyXylMd aenWea X McAOY Elea: Mei ^~ EbmradyiFoviae,y 1612) MXVw4 Lao'w cwePFlt~ws.l Widowed nq ar ennay vane as Laoeeav ^Ih Kristen E. Wycha ~~MPn1MY LaevuemrlaneL Cn b91~ ~m~•1 y«„td~,„ do bb 453 Delaney Ot., Mechanicebur PA 17055 am. ^ nmw«rva. anc ""`~~' wr rmrlmam.mngane,me IMrdul E m .on ,q?+mnlMae. M.M May 26 2009 zb. FXw aospawnlwreawma•anmpriwenwobl z,a.Lmum lcM lm.n vw,:baaMl eae arLraM) « lawaT eeu4 ruM) r«^NO zA LW N , Evans Crematory Schaefferetown, PA 17088 OH-~ "'"" e naa 012 848 L 22<.Nra WMber dFY]Ay Parthemore FN&CS i baev becedy Mna~Wnp ra n.,,w..~....,....~ EES. io me MLM.! MuaAw,(kanaagtE M ,w4 seas. iaaw , nr., POBox 431, New Cumberland, PA 17070=0431 ..Md«el __ .. beN. oeaan 1"'~•'•.wvr lal.Wfaieiv~~w.w ,w._.. ~l.J" 1 M. i Mem Rl.Fn l: Eam/a LaUFF OF OEgTX Yre ybmm ry rwnper) aa4arma'N,er,ei•~a,,amw4ybu-M6'«yYw1N]MtlxN.COMTaA,rMMUIM3wM r Y ,: EPF~amee4lexu, i rwn. 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NeliOmnMX Mlba, «b~Mq I•w.MOw bIM ____ _ ___ AMakelfr,nFnr/LwmX ~ eXaegrbmnnn r,raa_ __ _ ^ p11MaM drrnYUlln ub la lmMpabn,bmyadNen, MeN aenMdMe lMw.4M.eMNw.sb MbloMwr,l,I raexnw4eYW~ ^ 4Va aM CYhIYn~y - / % I~I /I vii / I / I x. °"°FIWI Abram. wr.yat WM White (]YN ^FroheW ^ ~. ^ urwn AFareb'. ^ rcaFawn.nMlray«, ^ npwlNpwdgxp. ^ Nd X9Y.a~M01%rynl WFMUESr, d seem ^~ ~M, Wlggien195ryb1Ye ^ LFymm Xdwur wvM.rt...w.... •q Llle vqS e4lnre jyr ~,crol eny'~, 'St~a~.! ,}yi40 3ci o~nca~, r.md No. 0 3~ 2550 v9-saw sh c\wills\emrichpou rover.wil November 1, 2000 C ~ N Q `A ~~ LAST WILL AND TESTAMENT s ~vC.i ~ OF v~~ ~ 70 ~~ JOHN C. ENRICH ~~ Z I, JOHN C. ENRICH, ofMechanicsburg, Cumberland County, Pennsylvania, wYfi~h I declare to be my domicile, do hereby make, publish, and declare this to be my LAST WILL AND TESTAMENT, hereby revoking all wills and codicils at any time heretofore made by me. FIRST: IDF,NTiFi('ATiON OF FAMH ~. I am married to LINDA R. ENRICH (my "spouse" or "wife"), and we have three (3) children: MATTHEW J. ENRICH, KARA E. ENRICH and KRISTEN L. ENRICH (each my "child" and collectively my "children"). As used in this Will, the terms "my spouse" or "my wife" shall mean only LINDA R. ENRICH. As used in this Will, the term "my child" or "my children" refers to my natural children and any adopted children. As used in this Will, the term "issue" refers to all lineal descendants of the indicated person of all generations, with the relationship of parent and child at each generation determined by the definition of "child" and "children" set forth in this paragraph. Applicable to this Will aze such other definitions as set forth in Article EIGHTH. SECOND: PAYIHENT OF DFRT4 AND TAXF4. Except as otherwise provided in this Will, I direct that all my legally enforceable debts, funeral expenses, expenses of the administration ofmy estate, and federal estate and state death taxes, including interest and penalties thereon, becoming payable because of my death (except any generation-skipping transfer tax imposed by Section 2601 of the Code or any recapture tax imposed by Section 2032A of the Code) be paid out of my Residue. Notwithstanding the foregoing, if any tax, including interest and penalties thereon is imposed on property includible in my gross estate by reason of Section 2044 of the Code or a similar provision of state law, I direct my executor to recover the tax attributable to that property from the person or entity in possession of or receiving the property as provided in Section 2207A of the Code or a similar state law. THIRD: DiSPOCITION~ A. C n ral. Except as otherwise expressly provided in this Section, I intend to dispose of all ofmy separate property. B. Personal and Ho rcehnld Fffertc. I give to my spouse all ofmy Personal and Household Effects, or if she shall fail to survive me, then to those ofmy children who shall survive me, in substantially equal shazes, to be divided among them as my executors shall determine, which determination shall be conclusive and binding upon all persons interested in my estate. Notwithstanding the foregoing sentence, my executor in its sole and absolute discretion may include n `[; ~> r. i ' _- '? , r; r, .- __ _~ _t =~~, Y G she\wills\emrich pourover.wi I November 1, 2000 my Personal and Household Effects directly in my Residue or sell any property and include the proceeds in my Residue. I direct that any expenses incurred in obtaining possession, appraising, safeguarding, delivering, or selling such property be paid from my estate as an administration expense. If neither my spouse nor any of my children survives me, my Personal and Household Effects shall be added to my Residue. Any division or distribution made by my executor shall be binding upon all persons, including my children. C. R sid , .All the rest, residue and remainder of my property, of every kind and nature and wheresoever situated, whether real or personal (my "Residue"), I give to the trustee named in a Living Trust Agreement created on }.1W . '1 , 2000, between myself and my spouse as grantors and myself and my spouse as co-trustees, to beheld, administered and distributed according to the provisions contained therein. I confirm and ratify the Living Trust Agreement in every respect, including and amendments that may be made thereto from time to time. D. Fail .r of Tr ~c , If my Living Trust Agreement is revoked prior to my death or if the distribution of any property pursuant to this Will to the Trustee of my said Living Trust Agreement is invalid under the governing rules of law, any property otherwise devised or bequeathed to the said Trustee shall be bequeathed to my spouse, if my spouse survives me, or if my spouse fails to survive me, to my issue who survive me, per stirpes. E. Method of Payment to ('ertain R n firiari c, If any beneficiary to whom my executor is authorized by this instrument to make distributions is under a legal disability or is, in the opinion of my executor, incapable of properly managing his or her affairs, my executor may make such distribution in any one or more of the following ways: 1. To such beneficiary directly; 2. To the guardian, committee, conservator, or other similar official of such beneficiary; 3. To a relative of such beneficiary to be expended by such relative for the benefit of such beneficiary; 4. To a custodian selected by my executor under an applicable Uniform Transfers to Minors Act; 5. By my executor expending the same directly for the benefit of such beneficiary. Any person (other than the beneficiary) who receives a distribution for the benefit of the beneficiary pursuant to the preceding sentences is authorized to give a valid receipt and discharge ~ 2 she\wills\emrichpourover.wi I November 1, 2000 for the distribution. The distribution to such beneficiary or other person to whom payment is made or entrusted shall be a complete discharge to my executor, and my executor shall be without obligation to see to the further application of such distribution. FOURTH: POWERS OF ADMiNi TRATiON. I confer upon my executor all powers granted to fiduciaries under the laws of the Commonwealth of Pennsylvania, whether my estate is administered in Pennsylvania or elsewhere. In addition to the powers granted by law, I authorize my executor or other legal representatives of my estate: A. To accept additions to my estate from any source. B. To acquire the remaining undivided interest in property of my estate in which my executor, in fiduciary capacity, holds an undivided interest. C. To invest and reinvest the assets of my estate in securities or in real or personal property, whether within or outside of Pennsylvania or the United States, without the need for diversification as to kind or amount and without being limited to investments authorized by law for fiduciaries. More specifically, but not by way of limitation, I authorize and empower my executor to: 1. Invest in discretionary common trust funds, mutual funds, investment trusts, unsecured obligations, stocks, bonds, and real estate. 2. Retain as long as my executor deems proper any real or personal property or any stocks, bonds, notes or other securities (including securities issued by a corporate executor) which I own at my death or which are subsequently acquired. D. To effect and keep in force fire, rent, title, liability, casualty or other insurance to protect the property of the estate and to protect the executor. E. With respect to any property, real or personal, or any estate therein owned by my estate, except where such property or any estate therein is specifically disposed o£ 1. To take possession of, collect the rents from and manage the same. 2. To sell the same at public or private sale, and upon such terms and conditions, including credit, as to my executor shall deem advisable. 3. To lease, mortgage, partition, or subdivide the same, even where the terms of such lease or mortgage shall extend beyond the administration of my estate. p f 3 she\wills\emrich pourover.wi I November 1, 2000 4. To abandon property which does not have sufficient economic value, in my executors' judgment, to make it worth protecting. To repair or improve the same. 6. To grant options for the sale of same for a period not exceeding six (6) months. F. With respect to any mortgage held by my estate, to continue the same upon and after maturity, with or without renewal extension, upon such terms as my executor deems advisable, or to foreclose, as an incident to collection of any bond or note, any mortgage securing such bond or note, and to purchase the mortgaged property or acquire the property by deed from the mortgagor in lieu of foreclosure. G. To employ any bank or trust company incorporated in the state of my domicile, any national bank located in the state of my domicile or any private banker duly authorized to engage in business in the state of my domicile as custodian of any stock or other securities held as fiduciary, and the cost thereof, except in the case of a corporate fiduciary, shall be a charge upon the estate. H. To cause any stock or other securities to be registered and held in the name of a nominee. L In the case of the survivor of two or more fiduciaries, and except as otherwise provided in this will, to continue to administer the property of the estate without the appointment of a successor fiduciary. J. As substitute or successor executor, to succeed to all of the powers, duties and discretion of the original executor, with respect to the estate, as were given to the original executor. K. To contest, compromise or otherwise settle any claim in favor of the estate or executor or in favor of third persons and against the estate or executor, or to submit the same to azbitration, without judicial approval. L. With respect to any shares of stock or other securities owned by my estate or executor: 1. To vote or refrain from voting, in person or by proxy, discretionary or otherwise, such shazes of stock or other securities. Y r she\wi Its\emrich pourover.wil November 1, 2000 2. To pay calls, assessments and any other sums chazgeable or accruing against or on account of shazes of stock, bonds, debentures or other corporate securities, whenever such payments may be legally enforceable against my executor or any property of the estate or the executor deems payment expedient and for the best interests of the estate. 3. To sell or exercise stock subscription or conversion rights, participate in foreclosures, reorganizations, consolidations, mergers, or liquidations and to consent to corporate sales, leases and encumbrances. M. To execute and deliver agreements, assignments, bills of sale, contracts, deeds, notes, receipts and any other instruments necessary or appropriate for the administration of the estate. N. To make distribution in cash, in kind valued at fair mazket value of the property at the date of distribution, or partly in each, without being required to make pro rata distributions of such property. O. To pay all reasonable and proper expenses of administration from the property of the estate, including the reasonable expense of obtaining and continuing the fiduciary's bond and any reasonable counsel fees which the fiduciary may incur. P. To employ and remunerate agents to perform necessary services for the estate such as, but not limited to: accountants, attorneys, investment advisors, actuaries, appraisers and custodians. Q. To borrow in the name ofmy estate from themselves or others and secure such loans by mortgage, note, or pledge, at prevailing rates of interest. R. With regazd to any business enterprise which I may own or possess an interest in at the time of my death, whether incorporated, unincorporated, or operated as a sole proprietorship or partnership: 1. To retain all or any portion of the business and continue to operate the same for so long as my executor shall deem advisable. 2. To sell all or any portion of the business, at such time and on such terms and conditions (including credit), as my executor shall deem advisable. My executor may sell the business to any person, including a person interested in my estate or a fiduciary serving hereunder. ' sh c\wi I Is\emri chpou rover.wil November 1.2000 3. To control, direct or manage the business; vote any corporate shazes; select, hire and compensate, or discharge employees, directors and officers of the business; serve on the board of directors of the business; retain and compensate experts to advise my executor concerning the management or disposition of the business. 4. To recapitalize or reorganize the business; invest additional sums of money in the business. 5. To participate in or consent to any merger, consolidation, reorganization, dissolution or liquidation of the business. 6. To account for the business as an entity sepazate from my estate. In this regard, my executor shall be authorized to retain earnings in the business in conformity with sound business practice. 7. I exonerate my executor from liability for any loss resulting from the retention and/or operation of any business enterprise unless such loss shall result from the executor's gross negligence or willful misconduct. S. To claim administrative expenses ofmy estate either as income tax deductions or as estate tax deductions, in my executor's sole discretion, without regazd to whether such expenses are payable from income or principal, and without the necessity of making adjustments or reimbursements between principal and income or among the property interests of the various beneficiaries ofmy estate. I exonerate my executor from any liability arising from the claim of a beneficiary of my estate whose entitlement under the terms ofmy will has been diminished by my executor's elections. T. To execute, file and deliver proofs of claim or receipts required to collect all policies of life insurance on my life which name my estate as beneficiary; elect any optional modes of settlement available under such policies; receive, administer and distribute the proceeds of such policies in accordance with the dispositive provisions of this will. The receipt ofmy executor shall constitute full acquittance to any insurance company for policy proceeds paid. U. To allocate, in their sole and absolute discretion, any amount of the exemption from generation skipping taxes allowed under Internal Revenue Code, Section 2631(a), to property of which I am the transferor, including property transferred during my lifetime to which no allocation has previously been made, without the necessity of making adjustment or reimbursement to any person as a result of such allocation. V. To join with my surviving spouse in the execution and filing of: 6 p f she\wills\emrichpourover.wi I November 1, 2000 1. a joint income tax return for any period prior to my death for which I have not filed a return and to agree as to the apportionment of any joint tax liability. 2, a gift tax return on gifts made by my surviving spouse and to consent to treat such gifts as being made one-half (%z) by me, for any period prior to my death. W. In the event that any of my tangible personal property is donated to a charitable organization(s) then my fiduciary is instructed to use the value of said donation(s) as an inheritance tax deduction for any inheritance tax return which maybe required to be filed as a consequence of my death. X. 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 athird-party beneficiary contract. Y. To file the appropriate election in accordance with Section 2056(b)(7)(B)(v) of the Code to designate whatever portion of the assets comprising my federal gross estate that the executor, in the executor's sole discretion, determine should qualify for the marital deduction. In making this determination, the executor is directed to consider the present and projected financial requirements of my spouse, the expected period of survivorship of my spouse and the assets that have passed to my spouse other than under the provisions of this Will. Z. 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. My executor may exercise these powers for any purpose and upon such terms, conditions and limitations (whether or not to exist longer than the administration of my estate) which in the judgment of my executor shall be in the best interest of my estate and the beneficiaries thereof. FIFTH: PAYMENT OF DFATH TAXF4, I direct that all estate, inheritance, succession, transfer or other death taxes assessed by any taxing authority, whether foreign or domestic, in respect of all property taxable by reason of my death or by inclusion of such property in my gross estate for estate tax purposes, be paid, without apportionment, as directed in the pour over indenture of trust, the Living Trust Agreement, created N We~W Z, 2000 between myself and my spouse as Grantors and myself and my spouse as co-trustees. However, the aforesaid notwithstanding, if, at the time of my death, I am the beneficiary of a qualified terminable interest property (QTIP) trust, and the principal of that trust is includible in my gross estate for tax purposes, it is my direction, pursuant to the provisions of Internal Revenue Code, Section 2207A, that my executors or the trustee of the trust withhold from the shares of the remaindermen of the trust an ~ f 7 she\vnlls\emrichpourover.wi I November 1, 2000 amount by which the estate tax in my estate exceeds the amount of the estate tax which would have been payable had the trust property not been included in my estate for tax purposes. SIXTH: PRF.SiiMPTION iN ('ACF OF 4i11T I TAN O i DFATh, In determining whether a person who may be interested in my estate has survived me or another person, (I) my spouse shall be deemed to have survived me unless it unmistakably appears by proof that she predeceased me; and (2) in all other cases, a person shall not be deemed to have survived me or another person if he or she dies within thirty (30) days of my death or of the death of the other person. SEVENTH: FXF('i TOR A. A,Ppointment, I nominate and appoint my wife as executor of this, my will. If my wife shall fail to survive me, shall decline to act, or having qualified shall, for any reason thereafter, cease to act, I nominate and appoint MATTHEW J. EMRICH as successor executor in her place. Any executor, original or successor, named herein may be referred to herein as my executor. B. Accounting to Succeccor x r~t~r, Any successor executor is authorized (but not directed) to accept the assets delivered by or for a predecessor executor on the basis of the accounting therefor without requiring any audit or other independent accounting of the acts of such predecessor executor. Any successor executor shall not be liable for, or liable for failure to rectify, any act or omission of my predecessor executor. C. Time and Method of Dictrib rtion, Final distribution of my estate shall be made when my executor determines the time to be appropriate. Prior thereto, partial distributions may be made whenever my executor shall deem it advisable. Distributions maybe made in cash or in kind, or partly in each, and for this purpose, the determination of my executor as to the value of my property distributed in kind shall be conclusive. D. Selection of AccetC for Dic rib rtion, My executor shall in its sole and absolute discretion select assets or property to be distributed in satisfaction of any devise or bequest in my Will without respect to the income tax basis of such assets or property. My executor specifically is excused from any duty of impartiality with respect to the income tax basis of such property. E. ('nnflictc of in r ct. I realize that, in the course of the administration of my estate, conflicts of interest may develop between beneficiaries of my estate, the Trustee of my Living Trust Agreement, the beneficiaries of my Living Trust Agreement, and possibly others. For example, conflicts may develop because of a choice of alternatives involved in valuing assets for various purposes. In the resolution of any conflict of interest, I request (but do not so direct) that my executor first make a reasonable effort to determine the overall effect of the conflict on the administration of my estate and in the distributions to be made to the Trustee of my Living Trust 8 1 C sh c\wi I Is\emri chpou rover.wil November 1, 2000 Agreement and then make reasonable efforts to resolve the conflict by the mutual agreement of the respective beneficiaries or recipients. In the event that a mutual agreement cannot be reached after reasonable efforts, my executor shall resolve the conflict in its sole and absolute discretion. F. Elections and Op ions. I confer upon my executor the sole and absolute discretion to exercise any election or option given to my executor under the revenue laws of the United States or any state in which this Will maybe probated or in which property of which I own an interest at the time of my death may be located. My executor may exercise such discretion without regard to the relative interests of the beneficiaries of my estate without compensating adjustments among the beneficiaries of my estate; and notwithstanding the possibility that such decisions may increase the amount of my taxable estate. Without limiting the generality of the foregoing sentence, my executor is authorized, in its sole discretion, to claim any expense of administration of my estate as an estate tax deduction or as an income tax deduction; to elect to extend the payment of any tax over such period as may seem appropriate to my executor and available under law; to elect to value my estate under any alternative valuation formula which may be permitted under the Code; to select the alternative valuation dates for the valuation of my estate; to make (or not make) in whole or in part the election under §2133(a) of the Pennsylvania Inheritance and Estate Tax Act, 72 Pa.C.S.A. §9113, to subject property to Pennsylvania Estate Tax on my death and thereby avoid any such tax on my Spouse's death; to disclaim or renounce, in whole or in part, any gift, inheritance, life insurance or employee benefit payable to or for the benefit of me or my estate; to join with my Spouse in the filing of any tax returns for any year or years for which I have not filed such return or returns prior to my death and pay all or such ratable share of any taxes (together with any interest and penalties thereon) as my executor shall deem proper; and to consent to any gifts made by my Spouse prior to my death being treated as made one-half (1/2) by me for the purpose of any gift tax laws and returns. G. Encumbered I)ic rib rtion. My executor is authorized to distribute to any beneficiary of my estate or to the Tmstee of my Living Trust Agreement or to the beneficiary of my Living Trust Agreement any asset of my estate subject to any and all indebtedness incurred by me or by my executor which indebtedness, in the sole and absolute discretion or opinion of my executor, need not be paid first, or to distribute any such property or asset subject to any and all mortgages, deeds of trust, or the liens, encumbrances, or obligations created by me or by my executor. H. Special F.lertion and Alln a ion of ('Pnera ion Cl.t~~g Trancf r Tax Exemo ion. I expressly confer upon my executor the sole and absolute discretion to elect under Section 2652(a)(3) of the Code (which election permits me to be deemed the transferor of the property for the purposes of the federal generation-skipping transfer tax and the exercise of which maybe advantageous for purposes ofgeneration-skipping transfer tax planning) to treat me as the transferor of any qualified terminable interest property with respect to which my estate is allowed a deduction by reason of Section 2056(b)(7) of Code (which permits a "marital" deduction in calculating the amount of my taxable estate for federal estate tax purposes). I authorize my executor r I she\wills\emrichpourover.wi I November 1.2000 to allocate my generation-skipping transfer tax exemption to and among dispositions of property with respect to which I am the transferor, whether contained in this Will or otherwise, in such manner as my executor, in my executor's sole discretion, deems best calculated to secure the most effective utilization of such exemption, based on circumstances and events either known or reasonably foreseeable as of the expiration of the time within which such allocation is required to be made. While equality of treatment among different beneficiaries or beneficiary groups should be an important consideration in allocating such exemption, it should not be the sole or even the primary consideration. Any allocation so made by my executor shall be binding on all persons interested in the dispositions with respect to which I am the transferor and my executor shall have no liability if, as the result of or in light of subsequent events, the benefits of the exemption fall inequitably, or different allocation would have protected a higher value of assets from generation- skipping transfer tax. It is my desire (but not direction) that my generation-skipping transfer tax exemption be allocated, if my Spouse survives me, to property passing to the Family Trust under my Living Trust Agreement to the maximum extent possible and to the extent of the generation-skipping tax exemption in excess of the amount allocated to such Family Trust, to qualified terminable interest property with respect to which my executor has made an election under Section 2652(a)(3) of the Code or, if my Spouse fails to survive me, to my Residue or where appropriate to secure the most effective utilization of my generation-skipping transfer tax exemption, to property in a Marital Trust established forme by my Spouse. L F.xecntnr'c Dis r tion on rolling. Any decision made under this Section or any other provision of this Will by my executor with respect to any matter shall bind each beneficiary of my estate, the Trustee of my Living Trust Agreement, the beneficiaries of my Living Trust Agreement, and any other person however interested in my estate; and my executor shall not be required to make any compensating adjustments between income or principal or among any beneficiaries, trustee, or any other person as a result of my executor's action or inaction. J. i.iahili of F.xecntor. The executor shall be liable only for its own negligence or willful misconduct. EIGHTH: DEFiN ITIONC. A. ~~. All references in this Will to the "Code" shall mean the Internal Revenue Code of 1986, as amended, and shall be deemed to refer to corresponding provisions of any subsequent federal tax law. B. hiving Tr >I Agr m nt. By my "Living Trust Agreement," wherever used in this Will, I mean the Trust Agreement executed by me and my spouse on a1rr.,p„ti 7 2000, in which myself and my spouse are named co-trustees. Such reference also shall include any A amendments to such Trust Agreement. M 10 she\wills\emrichpourover. wi I November 1, 2000 C. Personal and HOLC hold F}I' tc, All references in this Will to my "Personal and Household Effects" shall mean my jewelry, closing, books, china, crystal and silverware, furniture and furnishings, objects of art, boats, automobiles, club memberships, and all other personal property of a nature, use, and classification similaz to the foregoing, and includes all rights that I may have under any insurance policies relating thereto. Expressly excluded from this definition is any tangible personal property regulazly used in connection with any business in which I own any interest. D. Per S irugc, All referenced in this Will to "per stirpes" shall mean a distribution in accordance with this Section. Except for discretionary distributions that may be made unequally among a group ofbeneficiaries, whenever a distribution is to be made to the issue of any person, the property to be distributed shall be divided into as many shazes as there are (1) living children of the person, and (2) deceased children, who left beneficiaries who are then living, of the person. Each living child (if any) shall take one shaze and the shaze of each deceased child shall be divided among his or her then living issue in the same manner. E. Besiclue. All references in this Will to my "Residue" shall mean all the remainder of my property, of whatsoever kind (whether real, personal, or mixed, and whether tangible or intangible) and wheresoever situated (and including all lapsed bequests and devises which fail for any reason), not specifically disposed of herein. Should I possess one or more powers of appointment, however, I call attention to the fact that I do not desire to exercise any such power; neither such power nor any property subject to any such power shall be regarded as part of my Residue. NINTH: MiSCF.i I ANFO , A. Bond and ComTn nca ion, I direct that no executor or other legal representative of my estate shall be required to furnish any bond or other security in any jurisdiction. Any executor named herein or otherwise appointed shall be entitled to reasonable fees commensurate with its duties and responsibilities, taking into account the value and nature of my estate and the time and work involved, with regazd to any statutory provisions as to fees, and if it is a corporation, then not less than its then current minimum fee for such services. If any licensed attorney or certified public account shall serve as executor, such person shall be compensated for services rendered on the basis of such person's customary charges for legal or accounting services. B. Will Not Con ra gal. My spouse and I are executing Wills at approximately the same time, in which each of us is the primary beneficiary of the Will of the other. These Wills are not being executed pursuant to any contract to make a Will or any contract not to revoke a Will. The Will of each of us is revocable at anytime, whether before or after the death of the other spouse, at the sole discretion of the spouse making the Will. X 11 she\wills\emrichpourover.wil November 1, 2000 C. Invalid Provicinnc, If any part of this Will or my Living Trust Agreement shall be invalid, illegal, or inoperative for any reason, it is my intention that the remaining parts, so far as possible and reasonable, shall be effective and fully operative. My Executor may seek and obtain court instruction for the purpose of carrying out as nearly as may be possible the intention of this Will as shown by the terms hereof, including any term held invalid, illegal, or inoperative. D. Numher and (:'end ~. If required by the context of this Will, singular language shall be construed as plural, plural language shall be construed as singular, and the gender of personal pronouns shall be construed as either masculine, feminine, or neuter. E• Terms• Throughout this Will I direct that the term "give" shall be deemed to include the term "bequeath" or "devise" when appropriate. F. Headings. All headings used in this Will to describe the contents of each article, paragraph, or other division are provided for convenience only and shall not be construed to be a part of this Will. G. Governing i aw. This Will shall be construed in conformity with the law of the Commonwealth of Pennsylvania. IN WITNESS WHEREOF, I sign, seal, publish and declare this instrument as my Last Will and Testament on this ~ day of ?e~.~_ . ~ 2000. ~ ~a ~t J C. EMRICH Signed, sealed, published and declared by the above-named Testator, JOHN C. EMRICH, as and for his Last Will and Testament, in the sight and presence of us, who, at his request, in his sight and presence and in theysi~gh~t a7nd presence of each other, have hereunto subscribend,,o~ur n/ames as w1itnes/ses. ~" i~"''""~ Address) l '!~Y/ /w ~roo'T Address~~~ Tp~ /yam ~~ .~4 /~o~ o 12 she\wi I Is\emri chpou rover.wil November 1.2000 COMMONWEALTH OF PENNSYLVANIA ) SS: COUNTY OF CUMBERLAND ~ I, JOHN C. EMRICH, THE TESTATOR, WHOSE NAME IS SIGNED TO THE FOREGOING INSTRUMENT, HAVING BEEN DULY QUALIFIED ACCORDING TO LAW, DO HEREBY ACKNOWLEDGE THAT I SIGNED AND EXECUTED THE INSTRUMENT AS MY LAST WILL AND TESTAMENT; THAT I SIGNED IT WILLINGLY; AND THAT I SIGNED IT AS MY FREE AND VOLUNTARY ACT FOR THE PURPOSES THEREIN EXPRESSED. SWORN OR AFFIRMED TO AND ACKNOWLEDGED BEFORE ME BY JOHN C. EMRICH, THE TESTATOR, THIS ~ DAY OF ~ , 2000. C. EMRICH, Testator -~""--~ Notarial Seal Deborah L. Brenneman, Notary Publ~ COMMONWEALTH OF PENNSYLVANIA) GmpHlgBao,Cumbeaerwcounry My ComrNaebn E~Ires June 18, 2002 SS: MMnDx, ppggy~y gssocietion of Nota COUNTY OF CUMBERLAND 1 WE, ~ Ri -~i E. M S+ohler~ AND //i~cc~~' ~; s'~c~OViT~ THE WITNESSES WHOSE NAMES ARE SIGNED TO THE FOREGOING INSTRUMENT, BEING DULY QUALIFIED ACCORDING TO LAW, DEPOSE AND SAY THAT WE WERE PRESENT AND SAW THE AFORESAID TESTATOR SIGN AND EXECUTE THE INSTRUMENT AS HIS LAST WILL AND TESTAMENT; THAT HE SIGNED WILLINGLY AND THAT HE EXECUTED IT AS HIS 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 THE TIME EIGHTEEN (18) OR MORE YEARS OF AGE, OF SOUND MIND AND UNDER NO CONSTRAINT OR UNDUE INFLUENCE. t ,~~ORN OR AFFIRMED TO AND SUBSCRIBED TO BEFORE ME, THIS~~ DAY OF N , 2000. WI ESS rr ~~ X OTAR Notanal Seel Dsboreh L. Brenneman, Notary Publk Camp HIII Boro, CumbeAentl County My Commlaelon Explrea June 18, 2002 Member, Pennsylvania Aeaociabon of Notaries