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HomeMy WebLinkAbout06-30-0915056041114 REV-1500 Ex (06-05) OFFICIAL USE ONLY PA Department of Revenue County Code Year File Number Bureau of Individual Taxes INHERITANCE TAX RETURN PO BOX 280601 ~11('j/ _ Harrisrure, ~~ 17126-Oi~1 RESIDENT ~ECE~ENT ~ ~ ~ V Q ~/ ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death Date of Birth 03312008 04011933 Decedent's Last Name Suffix Decedent's First Name MI WICKARD BARBARA ~d' ~ (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI RAYMOND C WICKARD c7 Spouse's Social Security Number _ L- Q ~ --:~ ; ;~ ~^ THIS RETURN MUST BE FILED IN DUPLICATE-y'HE c ~ .' REGISTER OF WILLS t `'=~-'r~` ~ `~= ~ _ -`_~ FILL IN APPROPRIATE OVALS BELOW _ , ~ -~-, J ~. .~, 1. Original Retum Q 2. Su lemental Retum 3. Remainder "m3(~e of de~ ~ ~' ~~-? PP 0 ~u -~ , ~ . ~ prior to 12-1,~~ ~'7-?~ -° 4. Limited Estate ~ 4a. Future Interest Compromise (date of 0 5. Federal Estate' Retum R¢ggired ~~ -_ . ` t3 • • death after 12-12-82) 0 e. Decedent Died Testate ~ 7. Decedent Maintained a Living Trust ~ 8. Total Number of Safe Deposi~pxes (Attach Copy of Will) (Attach Copy of Trust) 9. Litigation Proceeds Received 0 10. Spousal Poverty Credit (date of death 0 11. Election to tax under Sec. 9113(A) between 12-31-91 and 1-1-95) (Attach Sch. 0) CORRESPONDENT -THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number ROBERT G. FREY 717-243-5838 Firm Name (If Applicable) REGISTER 4 ~ LS USE LY r-' ' r ~~ ~.. Y~~<..:. FREY & TILEY ~ ~~° ~~n ~ ' `' ~' `.~"i First line of address ~ r-~ ~~ : ~ ;~ `;- ~ c`,~a ;~, . . ~ 5 SOUTH HANOVER STREET ~-'c7 -t~ -. ` y t Second line of address ~~ " ~ ~ =~=~' ~~--~ ~ ~~. ` 6 I .~ \ r ~ y '~ ~ . 1 ~fi City or Post Office State ZIP Code CARLISLE PA 17013 Correspondent's a-mail address: RFREY@ FREYT ILEY . COM Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best o my knowledge and belie , it is true, correct and corn lets. aration of re arer other than the rsonal re resentative is based on all information of which re arer has an knowled e. SIGNATURE OF PE ESPO IB OR F R TURN D E ~ t' ~ ADDRESS 10 EAST RIDGE ST., CARLISLE, PA 17013 SIGNATURE OF P ARER OTHER T AN~PRESATIVE DATE ADDRESS 5 SOUTH HANOVER ST., CARLISLE, PA 17013 PLEASE USE ORIGINAL FORM ONLY Side 1 L 15056041114 15056041114 J r 15056042115 REV-1500 EX Decedent's Social Security Number Decedent's Name: BARBARA J W I C KAR D RECAPITULATION 1. Real estate (Schedule A) ........................................... 1. 4 5 0 0 0 0.0 0 2. Stocks and Bonds (Schedule B) ...................................... 2. NONE 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C) ..... 3. NONE 4. Mortgages & Notes Receivable (Schedule D) ............................ 4. NONE 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) ........ 5. NONE 6. Jointly Owned Property (Schedule F) OSeparate Billing Requested ........ 6. 17 5 0 0 . 0 O 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (Schedule G) Separate Billing Requested ........ 7 2 416 6.0 0 8. Total Gross Assets (total Lines 1-7) .................................. 8. 4 916 6 6 . O O 9. Funeral Expenses & Administrative Costs (Schedule H) .................... 9. 9 6 9 3 . O 0 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) ............... 10. NONE 11. Total Deductions (total Lines 9 & 10) ................................. 11. 9 6 9 3 . O O 12. Net Value of Estate (Line 8 minus Line 11) ............................. 12. 4 819 7 3.0 0 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made (Schedule J) ....................... 13. 0 . 0 0 14. Net Value Subject to Tax (Line 12 minus Line 13) . 14. 4 819 7 3.0 0 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.o 0 39225.00 1.5. 0.00 16. Amount of Line 14 taxable at linealrateX.o 45 442748.00 16. 19924.00 17. Amount of Line 14 taxable at sibling rate X • 12 17. 0 0 0 18. Amount of Line 14 taxable at collateral rate X . 15 18. 0. 0 0 19. TAX DUE .......................................................19. 19924.00 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT 0 Slde 2 L 15056042115 15056042115 J REV-1500 EX Page 3 180-26-7061 Decedent's Complete Address: Ffle Number 21-08-1086 DECEDENT'S NAME DECEDENTS SOCIAL SECURITY NUMBER BARBARA J WICKARD 180-26-7061 STREET ADDRESS 10 EAST RIDGE STREET CITY CARLISLE STATE PA ZIP 17013 Tax Payments and Credits: 1. Tax Due (Page 2 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments 20250.00 C. Discount 3. Interest/Penalty if applicable D. Interest E. Penalty 19924.00 Total Credits (A + B + C) (2) 20250.00 Total Interest/Penalty (D + E) (3) 0.00 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Fill in oval on Page 2, Line 20 to request a refund. (4) 326.00 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. A. Enter the interest on the tax due. B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (1) (5) (5A) (56) 0.00 0.00 Make Check Payable to: REGISTER OF WILLS, AGENT a ~ ~, ~ .~ _ .~.._. _ ,.. _ __ ~A .~; ._w... . ~, ,. ~ ~. ~a a~ p & > w ......... ............ ~.~....,...._ ..,....,. .,,..«.~ ...dYnwMn 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? ................................................. ~ a 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? .. ~ QX 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. N. _~,#. ~ .~ ~ .. .~x.,~r.. ._~ _~ 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 the use of a natural parent, an adoptive parent, or a stepparent of the child is zero (0) percent [72 P.S. §9116(a)(1.2)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is four and one-half (4.5) percent, except as noted in 72 P.S. §9116(1.2) [72 P.S. §9116(a)(1)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is twelve (12) percent [72 P.S. §9116(a)(1.3)J. 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. f REV-1502 EX+ (11-08) ESTATE OF pennsylvania SCHEDULE A DEPARTMENT OF REVENUE INHERITANCE TAX RETURN REAL ESTATE RESIDENT DECEDENT FILE NUMBER Barbara J Wickard 21-08-1086 All real 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. 217 REV-1509 EX+ (6-98) COMMONWEALTH OF PENNSYLVANIA JOINTLY-OWNED PROPERTY INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Barbara J Wickard 21-08-1086 If an asset was made joint within one year of the decedent's date of death, It must be reported on Schedule G. SCHEDULE F SURVIVING JOINT TENANT(S) NAME ( ADDRESS I RELATIONSHIP TO DECEDENT A. Raymond C. Wickard 10 East Ridge Street Carlisle, PA 17013 Spouse B. C. JOINTL Y-OWNED PROPER TY: LETTER DATE DESCRIPTION OF PROPERTY % OF DATE OF DEATH ITEM FOR JOINT MADE INCLUDE NAME OF FINANCIAL INSTITUTION AND BANK ACCOUNT NUMBER OR SIMILAR DATE OF DEATH DECD'S VALUE OF NUMBER TENANT JOINT IDENTIFYING NUMBER. ATTACH DEED FOR JOINTLY-HELD REAL ESTATE. VALUE OF ASSET INTEREST DECEDENTS INTEREST 1. A. House and lot of ground, 10 East Ridge Street, Carlisle 250,000 0 Assessed Value: $148,540 Common Level Ratio: 1.26 50.00% 0 2. A Building and lot of ground: 162 York Road, Carlisle 300,000 0 Assessed Value: $180,000 Common Level Ratio: 1.26 50.00% 0 3. A 4 acres of vacant land, Middlesex Drive, Carlisle 100,000 0 Assessed Value: $50,400 Common Level Ratio 1.26 50.00% 0 4. A Household goods 35,000 50.00% 17,500 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TOTAL !Also enter on line 6, Recapitulation)I $ 17,500 (If more space is needed, insert additional sheets of the same size) 217 REV-1510 Ex+ (6-98) SCHEDULE G COMMONWEALTH OF PENNSYLVANIA I~+N~+TER-VIVOS TRANSFERS & INHERITANCE TAX RETURN MISC. NON-PROBATE PROPERTY RESIDENT DECEDENT ESTATE OF FILE NUMBER Barbara J Wickard 21-08-1086 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 NUMBER DESCRIPTION OF PROPERTY INCLUDE THE NAME OF THE TRANSFEREE, THEIR RELATIONSHIP TO DECEDENT AND THE DATE OF TRANSFER. ATTACH A COPY OF THE DEED FOR REAL ESTATE. DATE OF DEATH VALUE OF ASSET % OF DECD'S INTEREST EXCLUSION (IFAPPLtCAILE) TAXABLE VALUE 1. IRAs, Raymond Wickard, surviving spouse, named beneficiary 0 2. Members' First FCU Certificate of Deposit 11,886 100.00% 11,886 3. Sovereign Bank Certificate of Deposit 5,824 100.00% 5,824 4. Conseco Fund 2,628 100.00% 2,628 5. State Farrn 1,387 100.00% 1,387 0 IRA: Distribution to Estate as beneficiary: 0 6. John Hancock 2,441 100.00% 2,441 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TOTAL (Also enter on line 7 Recapitulation) $I 24,166 (If more space is needed, insert additional sheets of the same size) REV-1511 EX + (10-06) SCHEDULE H COMMONWEALTH OF PENNSYLVANIA FUNERAL EXPENSES & IN R SI DENT DECEDENTRN ADMINISTRATIVE COSTS ESTATE OF FILE NUMBER Barbara J Wickard 21-08-1086 Debts of decedent must be re orted on Schedule 1. ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1. Ewing Brothers Funeral Home 7,338 B 2. Carlisle Memorial Service, grave markers ~ 2,276 1. MINISTRATIVE COSTS: Personal Representative's Commissions Name of Personal Representative(s) Street Address State Zip 2. Attorney Fees 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant 4. 5. 6. 7. City Year(s) Commission Paid: Street Address City State Zip Relationship of Claimant to Decedent Probate Fees Accountant's Fees Tax Return Preparer's Fees 79 TOTAL (Also enter on line 9, Recapitulation) ~ $ 9,693 (If more space is needed, insert additional sheets of the same size) REV-1513 EX+ (11-08) ESTATE OF pennsylvania SCHEDULE J DEPARTMENT OF REVENUE INHERITANCE TAX RETURN BENEFICIARIES FILE NUMBER Rar6ara .1 Wickard 71 _r1R_1 r1RR RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not Llst Trustee(s) OF ESTATE I. TAXABLE DISTRIBUTIONS [Include outright spousal distributions and transfers under Sec. 2116 (a) (1.2).] 1. Kurin Wickard Daughter 73,791 2. Karen Wickard Daughter 73,791 3. Kathleen Hefelfinger Daughter 73,791 4. Kimberly Hangenbugh Daughter 73,791 5. Kristen Wickard Daughter 73,791 6. Kolen Spicher Daughter 73,791 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THR OUGH 18 OF .REV-1500 COVER S HEET, AS APPROPRIATE. II. NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 2113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN 1. Raymond C. Wickard Residue B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET. $ 0 If more space is needed, insert additional sheets of the same size. LAST WII.L AND TESTAMENT OF BARBARA K. WICKARD I, BARBARA K. WICKARD, of 10 East Ridge Street in the Borough of Carlisle Cumberland County, Pennsylvania, being of sound and disposing mind, memory, and understanding, do hereby make, publish, and declare this as and for my Last Will and Testament, hereby revoking and making void any and all Wills by me at any time heretofore made. 1. I direct my hereinafter named Executrix or Executors to pay all of my just debts and funeral expenses as soon after my death as may be found convenient to do so. I direct that all inheritance, transfer, succession, estate and death taxes which may be payable on account of my death shall be paid from the residue of my estate regardless of whether the assets upon which such taxes are based are included in my probate estate. I duect that all inheritance transfer succession and estate taxes which may be payable on account of my death shall be paid from the residue of my estate regardless of whether the assets upon which such taxes are based are included in my probate estate. 2. If at the time of my death ~ am the owner of any shares of stock in the business conducted at Susquehanna House at 16L York Road, Carlisle, PA 17013, i give and bequeath the same in equal amounts to my daughter KURIN WICKARD and my daughter KAREN WICKARD, theirs heirs and assigns. 3. If at the time of my ~$eath I am the owner of the building and land known as Susquehanna House located at 162 York Road in South Middleton Township Cumberland County Pennsylvania, I give, devise, and bequeath the same in equal shares to my two daughters KURIN WICKARD and KAREN WICKARD, their heirs and assigns, and if the devise to them of this property is effective, then I give also the sum of twenty five thousand ($25,000.00) dollars to each of my other four daughters who are KATHLEEN HEFELFINGER, KIMBERLY HAGENBUCH, KRISTEN WICKARD and KOLENE SPICHER. If, however, I am not the owner of the property at 162 York Road and therefore this devise fails then the bequest of twenty five thousand ($25,000.00) dollars to each of my other four daughters shall likewise fail. 4. If at the time of my death I am the owner and lot of ground at 617 South Hanover Street in the Borough of Carlisle Cumberland County Pennsylvania, I give devise and bequeath the same to my six daughters, their heirs and assigns, provided each of them shall survive me by a period of ninety (90) days, but should any of them fail to so survive me then the shares such deceased daughter would have received shall pass to such of her issue as shall survive me by a period of ninety (90) days, their heirs and assigns, per stirpes, but if there be no such issue the same shall lapse and be added to the shares of my other daughters, their heirs and assigns, per stirpes. 5. All the rest, residue, and remainder of my estate, real, personal, or mixed, and wheresoever the same may be situate, I give, devise, and bequeath to my husband, RAYMOND C. WICKARD his heirs and assigns, to the exclusion of my children born or unborn, provided my said husband RAYMOND C. WICKARD shall survive me by a period of ninety (90) days. 6. Should my said husband RAYMOND C. WICKARD predecease me or fail to survive me by the aforesaid period of ninety (90) days, then in such event all the rest, residue and remainder of my estate, real, personal and mixed, and wheresoever the same may be situate, I give, devise and bequeath in equal shares to such of my six daughters, their heirs and assigns, as shall survive me by a penod of ninety (90) days, but should any of then fail to so survive me then the share which such deceased daughter would have received shaIl pass to such of her issue; their. heirs and assigns, as shall survive me by a period of.nnety (90) days; per stirpes, and if there be no such issue the same shaIl lapse and be added to the shares of my other daughters, their heirs and assigns, per stirpes. 7. I hereby nominate constitute and appoint my said husband RAYMOND C. WICKARD as Executor of this my Last Will and Testament but should he predecease me or fail to qualify or cease servinb as such, then in such event I nominate constitute and appoint my two daughters KRISTEN WICKARD and KAREN WICKARD as alternate or successor Executrices, and I further direct that none of them shall be required to post any bond to secure the faithful performance of her duties in the Commonwealth of Pennsylvania or in any other jurisdiction. It is unbderstood that my daughters shall serve as Exeutrices without compensation. 8. Should any person less than 21 years of age be entitled to distn~bution to my estate then in such event I nominate constitute and appoint my Executors and their Successors as Guardians of the Estate of each such Person and authorize them to receive and invest the same and to pay the income arising therefrom at least annually to of for the benefit of such Person, together with so Page 1 ~ - ~~~, ~ ~c~~ much of the principal thereof as they may from time to time deem necessary or desirable to be expended for the proper maintenance, support, and education of such Person, to or for the benefit of such Person, and upon such Person attaining 21 years of age to pay to him or her the then remaining principal together with any undistributed income. 9. In addition to the powers conferred by law, my herein beforenamed Executors and Guardians of the Estate of a Person less than 21 years of age, and their successors, are authorized and empowered to: a. To invest any part of the trust corpus in such securities, investments, or other property as may be deemed advisable and proper, irrespective of whether the same are authorized for the investment of trust funds under the laws of any governing jurisdiction. b. With respect to any corporation, the stocks, bonds, or other securities of which may be held, to vote in person or by proxy on any shares of stock; to consent to the merger, consolidation or reorganization of such corporations; to consent to the leasing,_mortgaging, or sale of the property of any such corporations; to make any surrender, exchange or substitution of such stocks, bonds, or other securities as an incident to 'the merger, consolidation or reorganization of s~c'h corporations; to pay all assessments, subscriptions and other sums of money which mad be deemed wise and expedient for file protection and maintenance of the proportionate interest of the investment in such corporations; to exercise any option or privilege which may be conferred upon the holders of such stocks, bonds, or other securities of such corporations either for the conversion of the same into other securities or for the pu~chase of additional securities, and to make any and all necessary payments which may a required in connection therewith; and generally to have and exercise as to all such stocks, bonds, and other securities, the powers of an individual owner who is under trust obligation. c. To hold the trust corpus in one or more consolidated funds in which separate shares shall have undivided interests. d. To sell at public or private sale for cash or upon credit, or partly for cash and partly on credit, and upon such terms and conditions as shall be deemed proper, any part or parts of the trust estate, and no purchaser at any such sale shall be bound to inquire into the expediency or propriety of any such sale or to see to the application of the purchase money arising therefrom. e. To keep on hand and uninvested such moneys as may be deemed proper and for such period as may be found expedient. f. To compromise, settle, or arbitrate any claim or demand in favor of or against the trust estate. g. And authorized in the discharge of fiduciary duties, to employ counsel and to determine and to pay such counsel reasonable compensation which shall be charged against the principal or income of the trust fund, and shall further be entitled to charge against the principal or income such other reasonable expenses and charges as may be necessary and proper to incur for the proper discharge of fiduciary duties and for the proper management and administration of the trust estate. h_ In making any division of properly into shares for the purpose of any distribution thereof dn~cted bg the provisions of the trust, to make such division or distabution, either in cash or in mad, or partly in cash and partly in end, as shall be deemed most expedient, and in ma~ng any division or distribution in kind may allot any specific security or property or any undivided interest therein to any one or more of such shares, and to that end may appraise any or all of the property so to be allotted and the judgment as to the. propriety of such allotment and as to the relative value for purposes of distribution of the securities or property so allotted shall be final and conclusive upon all persons interested in the trust or in the division or distribution thereof. i. Authorized to register any shares of stock or other assets of any trust in their own names or in the name of a nominee. j. To retain and invest in shares of stock of my Trustee. k. To retain any investments including mutual funds which I may own at the time of my death and in addition to invest any part of the Trust corpus in such mutual fund or Page 2 ~ .. t, ..- r. mutual funds as may be dezmed ad~-isabk or pn~pzr, itrespu.ri~-e of ~ Nether the same are authorized for the investment of mist funds under the IaR'S of any governing jurisdiction. I. To determine from time to time whether all or some portion of realized capital gains shall be treated as ordinary income for distribution to a beneficiary or treated as principal to be retained as part of the corpus, and such designation need not be consistent from one year to another. IN WITNESS WHEREOF, I have hereunto set my hand and seal to this my Last Will and Testament written on pages this ~ ~.c~ day of p~--~- 2001. r/~4~ ~F ~.~ ~ ~J~4tY~ ~StaC1L~ Barbara K. Wickard Signed, sealed, published and declared, by Barbara K. Wickard, the Testatrix above named, as and for her Last Will and Testament, in our presence, who, in her presence, at her request, and in the presence of each other, have hereunto subscribed our names as attesting witnesses. ~~- ~_ ~ L. ~MlShr~- ~1(, / Page 3 S~ ~, ~ ~~ ~ ~o . ~P~ 3~ ~~ ~ a52z