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HomeMy WebLinkAbout08-27-09 15056051047 REV-1500 EX (06-05) OFFICIAL US E ONLY PA Department of Revenue Bureau of Individual Taxes County Code Year File Number PO BOX 280601 Harrisburg, PA 17126-0601 INHERITANCE TAX RETURN RESIDENT DECEDENT ~ _ ~,.5 ENTER DECEDENT INFORMATION BELOW Social Security Number 2 2 0 4 4 1 1 q7 4 Date of Death ~~~ ~ ~ ~ ~ Date of Birth (y9 ~3 ~ ~ ~~`~ Decedent's Last Nam-e•~ Suffix ~C 1 ~ Decedent's First Name MI E k ~ a w e X~m ~ ~_ a r 4~° T" ;gas nK (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Na~me[[°° ~~[[°° Suffix Spouse's First Name ~~a MI Souse's Social Security Number "° ~ ~ THIS RETURN MU ST BE FILED IN DUPLICATE WITH THE i~ xa~%,~ oad n.~n REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW ~ 1. Original Return O 2. Supplemental Return O 3. Remainder Return (date of death prior to 12-13-82) O 4. Limited Estate O 4a. Future Interest Compromise (date of O 5. Federal Estate Tax Return Required death after 12-12-82) O 6. Decedent Died Testate O 7. Decedent Maintained a Living Trust ~ 8. Total Number of Safe Deposit Boxes (Attach Copy of Will) (Attach Copy of Trust) O 9. Litigation Proceeds Received O 10. Spousal Poverty Credit (da te of death O 11. Election to tax under Sec. 9113(A) between 12-31-91 and 1-1 -95) (Attach Sch. O) CORRESPONDENT - THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE ANO CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED T0: Name Daytime Telephone Number } .a.,xay+_o- a a:: ~ +sl;.^^. ~ 4x aeaa t a»».~fn 9r szgs ss ~prcm »»n~ X q 9 , ! ; T }~ p ' ' s (» ~~{ yr ~' b Q e ~ g$B ~t %f a ~ f ~~ ~ ' ~ t 6 ' ' ~ ~ ~ a x ayy+rw awz a xsaxaa) I1 7 7 8 ' 6 4 p~4 ~ ~ ~ , Y.~ ryfy t 14Ya{s %d ved » ~»~a d, " .: I .:d ,T } i . { »X. vTa§ ana au YCnR _ _ o__ IGa ~ .. o_e,gRx , ~ ~:-1 Flrm Name (If Applicable) , +++.a)e a y.#e. p rv.::1,.,arxida~.:%».,r .;... ,;;~a . ., to Qar<. :~:®, d p t f ~ f t ~ q I t ~ % b A % REGISTE~t. ~ ILLS US NLY _. (..~ C) ~ r -j -.~ t { Y ! M !. tr ! 4 ! 1 i o ,+e.:t. o.»%..%e.l. r.,.l.. # ..... .......:.a%; .',.,i ,.a.. ,3...s.,a'<. r a...w:;;! ... ...., x.d... ~ r ~-} m N -: J : ~ ~~i ,_, .l Flrst tine of address :1 c-:-~ rte; % d a' e a'o s~x i tfx x a . 3*,~ , y P O' B o x "3b5~8' ~ e 3g$ ;-~Q`nll ~ r _' s C.J ~' ~a Ya dk+ m ~„ vx. r,vr 4 »e t :-.::,x r. eiinea, 4 }-„•-ee[ sxd id»s lp qa t+-. ie.. Qa . xa 8 ~ - Second tine of address ~ ~ - r i 1 1 . 3 F ,ra °? n! t S t ~ ~ ¢ °D t : d. „» e, ~ ?, .?, a 3 ,.S.,,i:asix.,~,e.,x, i.,.d,ax City Or POSt OffICe State ZIP Code DATE FILED _y.., an n ¢ ! *a A % ~»n g ~ ayav ! e e k P #e ; "P a ~ ~0 :0 ' ~ S % ~ r ti i ~ n ~ t ~~ $ 1' ~ : ~ x...= a d r ~7 $ a ~ 9 ;;?. ~ .,.R, , ..k. ~ p. r-+P-r- ...a ¢t»x.% r .~:. ua 4a,s r.,.a A;.i b^e+ ~ A - ~-• „• ssi e••. Correspondent's a-mail address: Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct and complete. Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge. SIGNATURE OF Ep RSON RESP~BLE/Fj~R~LIryG f2ETU'j-J~-~ ^ p~ M - O ADDRESS T /o ~c.D~:~~ Ct . ~.2,vlt..a- ,d-,a~.f.~~ PA i,a a~ SIGNATURE USE ORIGINAL FORM DATE Side 1 L 15056051047 15056051047 J 15056052048 REV-1500 EX Decedent's Social Securit Number R Erika K Cawley ' 2 2 0 it 4 4 : 1 1 .7 ~ 4 k . Decedent s Name: . RECAPITULATION 1. Real estate (Schedule A) .. ......... ......... ......... ........ ,,~~ (n~ f1 . 1 2r ; ~ ~ 1 0 ~' ~ :;+;... , d; a+ t1. F :1x ~ 5 5 8 0 3 i 5 ' 1 '. 2. ... ... ... ......... Stocks and Bonds (Schedule B) ...... « 2 k { ~b4 4a #tY;.a. 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C) ... 3 0 ~ 0 ; 0 0 ~ 0 a 0 4. Mortgages & Notes Receivable (Schedule D) ....... ......... ......... 4 aee. {:y. O 9 ~ 9 ' Q 9 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) ...... , ~ ; 5 ,v b2 } * $ , a + `#' < 9 ~ 1 ' $ ° 2 ° ' S ; 0 6. Jointly Owned Property (Schedule F) O Separate Billing Requested ..... , ~ 6 t + .r, ,.~.a a ~.:. t« 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property O r ~ , 1 5 7 9 2 5` 5 3 Se orate Biuin Re nested... (Schedule G) P 9 q ... . 7 : o-e ,a °>$vn;t?*: § »ae•.$t&S'kro ,<$ r.t'. 8. Total Gross Assets (total Lines 1-71 ... ......... ......... ......... 8 i ~ ;~' S ~, 0 ~~ 8~,',1 2 ; 1 k~?0 ' 3 >ese 4 9. Funeral Expenses & Administrative Costs (Schedule H)...... _ . ......... 9 _ ~ ~ '~~, 0> aFr ~ ~~ ~'~ .~. 3uYx4 hi 46Yf tSS'b`` 6 ~~ .~Si.4 :• 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) ..... ........ 10 re 1 { 6 e 5 r 5 , 2 ,1 ixb Pi 4A ~ ti ba db 46# i4 %t..ss b##48$$$db. u~ ~ # y 11. Total Deductions (total Lines 9 & 10) .. ......... ......... ......... 11 : 4 2 ~,7 "'1 i 6 7?$ e~attnya$ja as x"+% a aaa>rea b"A sa~d.$sa 12. Net Value of Estate (Line 8 minus Line 11) ....... .... ..... 12 ~ ,4 6 5 j 4~ 0~ Q2 ~5 ,': 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which >& t#$ """"~"' ~ ' %re -'~*anaa.# t„ ;,.., i an election to tax has not been made (Schedule J) .. ... 13 ~ + 0 °0 ~0 . ... .. a*3t§Y$e#x~m$S#9% ty~; atSpo°a8~o&~YyatAS&~#;":"re ........................ y 14. Net Value Subject to Tax (Line 12 minus Line 13) 14. + - °~ ' 6s& 4 0~ 4 2.,53 „~it0 16. 16. 17. 18. 19. TAX DUE ......................................................... 19. 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT Side 2 15056052048 15056052048 O REV-1502 EX+ (8-98) SCREpULE A COMMONWEALTH OF PENNSYLVANIA REAL ESTATE INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Erika K. Cawley All reel properly owned solely or as s tenant In common moat be reported et felr market value. Feir 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. Heel orooerty which Ia lolntly-owned wtth right of survlvorehip must be dlaclosed on Schedule F. ITEM Residential property situated at 5 Kitzell Drive, Carlisle, PA See attached appraisal VALUE AT DATE $266,000.00 TOTAL (Also enter on line 1, Recapitulation) S 266 , 000.00 (If more space is needed, insen eddttional sheets of the same size) REV-1503 EX+ (6-9e) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCNEpULE B STOCKS 8L BONDS ESTATE OF FILE NUMBER Erika K. Cawley All property )olMty-owned wkh right of survlwrshlp must be dleelosed on Schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH t 133 shares Common Stock of Constellation $3,588.34 Energy Group, Inc. @ $26.98 2. 800 shares Common Stock of General Electric 10,344.00 Company @ $12.93 3. 1,836.086 shares of DWS Strategic Income 7,729.92 Fund-A @ $4.21 4. 15,239.522 shares of Franklin Templeton 26,821,56 Franklin Income Fund-Class A @ $1.76 5. 830.004 shares Mainstay Tax Free Bond 7,319.69 Investor Class @ $8.82 TOTAL (Also enter on line 2, Recapitulation) I $ 5 5 , 8 0 3.51 (M more space is needed, irwert additional sheets of tl~ same size) REV-1504 EX+ (1-97) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT C CLOSELY-HELD CORPORATION, PARTNERSHIP OR SOLE-PROPRIETORSHIP ESTATE OF Erika K, Cawley Schedule C-1 or C-2 (including all supporting information) must be attached for each closely-held corporationlpartnership interest of the decedent, other than a (If more space is needed, insert additional sheets of the same size) REV-1507 EX+ (1-97) SCHEDULE D COMMONWEALTH OF PENNSYLVANIA MORTGAGES & NOTES INHERITANCE TAX RETURN RECEIVABLE RESIDENT DECEDENT ESTATE OF FILE NUMBER Erika K. Cawley All property ~olntly-owned with right of survivorship must be disclosed on Schedule F. (If more Space i5 needed, insert additional Sheets of the same size) REV-1508 E%•~1~8n COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN Erika K. Cawley SCHEDULE E CASH, BANK DEPOSITS, & MISC. Include the proceeds of litigation and the date the proceeds were received o`/ the estate. All property Jolndy-0vmed whh the dght of survivonchip must be disclosed on Schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. Checking account #12006714, at M&T Bank 2. Miscellaneous items of personal property. See attached appraisal. $16,585.49 2,624.00 TOTAL (Also enter on line 5, Recapitulation) ~ S 1 9 , 2 0 9 . 4 9 more space is needed, insert additional sheets of the same size) REV.ISOB E%.11dn ' SCHEDULE F COMMONWEALTH OF PENNSYLVANIA JOINTLY•OWNED PROPERTY INHERITANCE TA% RETURN SIDENT DECEDENT ESTATE OF FILE NUMBER Erika K. Cawley M an easel was made JoIM within one year of the decedenPs dab of death, h must M nporbd on Schedule G. SURVIVING JOINT TENANT(S) NAME ADDRESS RELATIONSHIP TO DECEDENT A• Barbara A. Cecil 10 Hickory Court Daughter Boiling Springs, PA 17007 B. C. JOINTLY-OWNED PROPERTY: REM NUMBER LETTER FOR JOINT TENANT DATE MADE JOIHr DESCRIPTION DF PROPERTY Include nellle Mfinandal Ineddl6on end bank account numberor similar identlFjine number. Altech deedfur jdMy-bM real eetate. DATE OF DEATH VALUE OF ASSET %DF DECD'S IMEREST DATE OF DEATH VALUE OF DECEDENT'S INTEREST t, A. 8/06 One-half (1/2) ownership of $18,365.00 508 $9,182.50 2007 Honda Accord EX Sedan 4D See attached Kelly Blue Book TDTAL,(Also enter on line 6, Recapitulation) I S 9 , 1 82.50 (If more space is needed, insert additional sheets of the same size) REV~s,o Exy,an COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN Erika K. Cawley SCHEDULE G INTER-VIVOS TRANSFERS 8r MISC. NON•PROBATE PROPERTY FILE NUMBER This schedule must ce completed and filed'rf the answer to any of queslfons 1 through 4 on the reverse side of the REV-1500 COVER SHEET a yes. ITEM NUMBER DESCRIPTION OF PROPERTY wcwoE THE roof OF THEIMNEGEREE, THeR REUnoxsxiRTOOECEOExTAHO THE wTEOF TRnxaFER. AIIACHACOM OF THE 0EE0 FOR REA ESTATE. DATE OF DEATH VALUE OF ASSET %OF DECD'S INTEREST EXCLUSION iFAPPLICAELE TAXABLE VALUE 1. Money Market. Account, #3230183448, $157,925.55 1008 $157,925.! at Capital One, N,A. TOTAL (Also enter on line 7, Recepituladon) I S 1 5 7, 9 2 5.5 5 more space is needed, insert addihonal sheets of the same size) i5 REV-1511 EX+(SO-05) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Erika K. Cawley FILE NUMBER Debts Of decedent must be reported On Schedule L p. FUNERAL EXPENSES: 1. Scarpelli Funeral Home, P.A, 108 Virginia Avenue Cumberland, Maryland 21502 $6,407.99 g. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Name of Personal Representative(s) Barbara A. Cecil ___.. 15,000.00 scree. Address 10 Hickory Court _ _ __ city Boiling Springs, state PA zip 17007_.___ Year(s)CommissionPaid: 2009 _.. --.-- 2. Attorney Fees Anthony L. DeLuca, Esquire 15,000.00 3. Family Exemption: (If decedent's address is not the same as claimant's, adach explanation) Claimant Barbara A. Cecil __.,__ 3,500.00 street Address 10 Hickory Court _ _ ____ _ city Boiling Springs state PA Zip 17007___ Relationship of Claimant to Decedent _.. -_. --..-- 4. Probate Fees 4 3 4, 0 0 5. Accountant's Fees 6. Tax Retum Preparer's Fees ~. Legal Advertising -Cumberland Law Journal 75.00 8. Legal Advertising -The Sentinel 174,58 9. Diversified Appraisal -Appraisal of Real Estate 325,00 10. .Roy Gottshall - Appraisal of personal property 70,00 11. Five (5) additional Death Certificates 45.00 12. Filing Fees - Inheritance Tax Return/Inventory 30,00 TOTAL (Also enter on line 9, Recapitulation) $ 41 , 0 61.5 7 (If more space is needed, insert additional sheets of the same size) SCIIEDI~LE N FUNERAL EXPENSES & ADMINISTRATNE COSTS REV-1512 EXt (12-03) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE 1 DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS ESTATE OF FILE NUMBER Erika K. Cawley Report debts incurred by the decedent prior to death which remained unpaid as of the date of death, including unreimbursed medical expenses. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. Live-in Care of Pennsylvania, Inc. $1,390,00 Nursing Care 2. UGI -Gas bill for 5 Kitzell Drive, Carlisle, PA 88.00 3. Met-Ed Electric bill for 5 Kitzell Drive, Carlisle, A 22.55 4. South Middleton Township Municipal Authority 66.66 Sewer/water for 5 Kitzell Drive, Carlisle, PA 5. Eric Woodward - grass mowing for May 88.00 TOTAL (Also enter on line 10, Recapitulation) $ 1 , 655.21 (If mare space is needed, insen additional sheets of the same size) REV-1513 EX+ (9-00) COMMONWEALTH OF PENNSYLVANIA BENEFICIARIES INHERITANCE TAX RETURN RESIDENT DECEDENT Erika K. Cawley J FILE NUMBER RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not Llet Trustee(s) OF ESTATE I TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 9116 (a) (1.2)] 1. Barbara A. Cecil Daughter One-Third 10 Hickory Court Boiling Springs, PA 17007 2. Susan E. Hartley Daughter One-Third 8007 Comerford Drive Fairfax Station, Virginia 22039 3. John K. Markey Son One-Third 2683 NW 41st Street Boca Raton, Florida 33434 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THR OUGH 18, AS APPROPRIATE, ON REV-1500 COVER SHEET tI NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE 1. B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS i. TOTAL OF PART II-ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET $ -0- (If more space is needed, insed additional sheets of the same size) REV-1500 EX Page 3 File Number Decedent's Complete Address: DECEDENT'S NAME Erika K. Cawley STREET ADDRESS 10 Hickory Court ____ clTy Boiling Springs, STATE IPA zIP 17007 Tax Payments and Credits: 1. Tax Due(Page2Line19) (t) 520,943.19 2. Credits/Payments A. Spousal Poverty Credit _0_ B. Prior Payments _ 0 _ C. Discount $1 , 047.16 Total Credits (A + B + C ) 3. Interest/Penalty if applicable D. Interest __ E. Penalty Total Interest/Penalty (D + E ) 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Fill in oval on Page 2, Line 20 to request a refund. 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. A. Enter the interest on the tax due. B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (2) 1 , 047.1 6 (3) -0 (4) (5) 519,896.03, (5A) -0- (5B) $19,896.03 Make Check Payable to: REGISTER OF WILLS, AGENT [;; b;< ,aa+,as<,t:; ~ ; aa¢kitrt „# 1. II, I#ti~il~s ~~## $:.§sli€I€li~l~l~a ~ 8a 14°slll€#~I~I~$9411*I~}}gg>.yya :a ; t y t Q} axtf ee ~(:et~?¢jfi?t¢ tilt taste ;t~aa I #I $~$,, ~ 7ata' q as#ell f~ ¢ Y3 Y~f sl i,ata~a°ap(a`,,x,°¢LltefstPUOP~§41QjjP33e 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 ................................................................................................................... ....... ^ ^}C d. receive the promise far life of either payments, benefits or care? ............................................................... ....... ^ Q 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 "intrust for" or payable upon death bank account or security at his or her death? ....... ....... ® ^ 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a 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. 1~131t#t111~1311Eta1~ttAl=3+jl~tallt3l! #3~tl:ll#$?~~I#?t3tt3ttt#t~~p~~~~~t~tt~t~#llitll~ltl=lti#tlt#1113#i~33lltt~4tttR t#€I?II~i ag#131tIt3S~~~31if#II$##~; For dates of death on or after July 1, 1994 and before January i, 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)j. The statute does not exemR 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 benefciary. 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)]. Asibling isdefined, under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. ~~i.-nfit'... AEI lI 1 lpl LAST WILL AND TESTAMENT OF ERIKA K. CAWLEY 2009 JUN I I AM la 53 GIERY OF QRPf'WN'S COURT CUMBERLANtl CO.. PA~ I, ERII{A K CAWLEY, of Allegany County, Maryland, being of sound and disposing mind, memory and understanding, do hereby make, publish and declare this my Last Will and Testament, hereby revoking any and al! former wills, testaments or codicils heretofore by me made. FIRST: Unless otherwise directed herein, my Personal Representative shall pay, or extend and renew out of my residuary estate without apportionment, all of my debts that are allowed as claims against my estate and all of the expenses of administration of my estate, other than death taxes, as my Personal Representative determines to be in the best interest of my estate and beneficiaries; provided, however, my Personal Representative shall have complete discretion as to what assets of my residuary estate shad be used or sold to pay such debts and/or expenses, and shall not be bound by any law or apportionment statute requiring the use or sale of any type or category of property in priority to any other. Unless otherwise directed herein, my Personal Representative is specifically given the right to renew and extend, on any terms and conditions that my Personal Representative deems best, any secured or unsecured debt or charge existing at the time of my death, including any mortgage on my home or other real property. Further, I direct that my funeral expenses, the cast of having earthly remains decently buried and perpetual care of my burial lot, and the cost of the erection of a suitable marker at my grave (or such of these as have not otherwise been provided for during my lifetime) shall be paid from my residuary estate. The amount to be expended for all burial arcangements shall be free of any limitation imposed by law and shall not require an order of court. ~.f~L2_ ;~~~ ,~w`-~° (SEAL) ERIKA K. CAWL~ { 4.tilA LAST WILI, AND TESTAMENT OF ERIKA K. CAWLEY Page -2- As used herein, "death taxes" refers to al] estate, inheritance, transfer, succession, legacy or other death taxes of any kind, as well as the generation-skipping transfer tax on direct skips which is assessed by reason of my death after allocating my individual exemption amount, excluding, however, any generation-skipping transfer tax caused by a disclaimer or a direct skip from a trust not established hereunder. "Death taxes" shall include any interest or penalty on such taxes, if any. Unless otherwise directed, my Personal Representative shall pay all death taxes attributable to property which passes under my Will as my Personal Representative determines to be in the best interest of my estate and my beneficiaries, other than any generation-skipping transfer tax caused by a disclaimer or a direct skip from a trust not established hereunder. My Personal Representative may, but is not required to pay out of my residuary estate any death taxes attributable to property which does not pass under my Will, if my Personal Representative determines such action to be in the best interest of my estate and by beneficiazies, or my Personal Representative may seek contribution or reimbursement of death taxes on such property from any beneficiary on whom liability for such taxes maybe imposed by law. My Personal Representative shall have wmplete discretion as to what assets of my residuary estate shall be used or sold to pay death taxes and shall not be bound by any law or apportionment statute requiring the use or sale of any type or category of property in priority to any other. Any state or federal income taxes imposed upon or directly chargeable to the income of my estate earned and received during the period of its administration shall be apportioned to, retained, withheld or deducted by my Personal Representative from the shares of al] distributees or beneficiaries then having an interest in or right to such income, in such reasonable and equitable manner as my Personal Representative, in the Personal Representative's sole discretion, shall determine. Any such determination shall be conclusive and binding on all persons interested in my estate and in any trust created or arising under my Will. {SEAL) ERII{A K. CAWLE :-, ~. ~~,~ .~; - - - ~~:; ,.~, ... •. ,„ :, ~i~~:~~, .•~.,~. LAST WILL AND TESTAMENT OF ERIKA K. CAWL,EY Page -3- SECOND: i hereby give, devise and bequeath my entire estate, whether real or personal, unto my children Barbara Cecil, Susan Hartley, and John Markey, to share and share alike. In the event any of my children predecease me, I hereby give and bequeath that child's portion of my estate unto that child's child/children, should any they may have, per stirpes. In the event my son John predeceases me and that he is without children, his share shall go to his Wife, Lisa, provided they are then living together as Husband and Wife; otherwise, his share shall be divided equally between my other children and if either or both are deceased, the Share of such deceased child shall pass to her descendants per stirpes. In the event that either of both of my daughters predecease me the share of my deceased daughter shall pass to her descendants per stirpes and if none to my surviving children or if deceased to such child's descendants per stirpes. TIIIRD: I hereby appoint my daughter, Barbara Cecil, to be the Personal Representative of this, my Last Will and Testament. In the event my daughter should be unable or unwilling to act as such Personal Representative, Ihereby appoint my son, John Markey, to be such Personal Representative. F URTH: (a) No bond or surety shall be required of my said Personal Representative. (b) For purposes of administration of my estate, I hereby authorize and empower my Personal Representative to sell (at public or private sale), lease, mortgage, exchange or otherwise dispose of any part of my estate; real or personal, and to invest and reinvest my estate or any part thereof as to said Personal Representative may seem proper to carry out the purposes of this, my Will, and to compromise and settle all claims for or against my estate, and my Personal Representative may take any such action without the necessity of an orde- of the Orphans' Court or of any court whatsoever, at any time, and deliver such deeds or other documents as may be necessary to convey or otherwise _? " ~, ~~iJ~e~ (SEAL) /' ERIKA K. CAWL .. ., ~~ ~ -. mgr ~ "'~YS ,..,. __ dispose of such property to the purchasers or other persons dealing with my Personal Representative, and no person so dealing with my Personal Representative, shall be required to see to the application of the money arising from such transaction. (c) I hereby authorize my Personal Representative, in his sole discretion, to pay, in the case of the life interest of any beneficiary, inheritance tax on such life estate or interest and the remainder interests immediately upon my death, if, in his sole discretion, such action is deemed to be advisable. (d) I hereby confer upon my Personal Representative full and complete power and authority to borrow such sum or sums as he may deem advisable to complete the settlement of my estate from whomever he is able to obtain such funds, and at such rate of interest and on such terms as, in his sole discretion, may seem advisable. (e) My Personal Representative may make such elections under the tax laws applicable to my estate as he may deem expedient and desirable with respect to the taking of deductions for commissions, counsel fees and other costs of administration. My Personal Representative shall not be required to make any compensating adjustments between principal and income, nor with respect to any bequest or devise hereunder. The action of my Personal Representative with respect to elections made shall be conclusive and binding upon all parties. (~ Whether or not my estate is indebted to any person or entity, my Personal Representative shall have all powers over my estate that trustees are given by my Will or by the laws of Marylsnd, in addition to all other powers given to personal representatives under Maryland iaw. (g) M.y Personal Representative's decision concerning the exercise of any discretion, power or authority granted by my Will shall bind my estate and every beneficiary of my estate. I recognize the legal and factual complexity involved in administering an estate. Accordingly, any individual, as t~! ,~ ® (SEAL) ERIKA K. CAWL ,, ,. - ~>m~ ,~,„ ~, LAST WILL AND TESTAMENT OF ERIKA K. CAWLEY Page -5- opposed to a corporate, Personal Representative under my Will shall be fully protected and shall not be liable to my estate for any action or inaction my Personal Representative takes in good faith and after exercising reasonable judgment, unless such action is willfully ftaudulent or grossly negligent. WITNESS my hand and seal this ~ 7 day of ~l~L/~~~ , 2000. ~%=#~.G~iG~. i/~. .<.'C~.GJ~{i':~ - SEAL) ~;RIKA If. CAWLEY APPRAISAL REPORT 5 HITSZELL DRIVE CARLISLE, PENNSYLVA1~fIA PREPARED FOR THE ESTATE OF ERIKA K. CAWLEY BY LARRY E. FOOTE DNERSIFIED APPRAISAL SERVICES 35 EAST HIGH STREET, SUITE 101 CARLISLE, PENNSYLVANIA 17013-3052 (717)249-2758 ~OI 1 SUMMARY OF IMPORTANT FACTS AND CONCLUSIONS LOCATION: TAX PARCEL NUMBER: IMPROVEMENTS: PROPERTY RIGHTS: S Kitszell Drive Cazlisle, Pennsylvania 40-09-0533-116 One-story detached single-family dwelling. Fee simple interest. OWNERSHIP HISTORY: The subject property is owned by Erika K. Cawley. The property was purchased on December 9, 2002 for a reported consideration of $199,000 and ownership transferred on Deed Book 254, Page 4390. SCOPE OF THE ASSIGNMENT: The scope of the assignment included an analysis of the subject's area, an inspection of the subject property, an estimation of the property's highest and best use, consideration of all three approaches to value, and the application of those relevant to the valuation of the subject. OBJECTIVE: To estimate the mazket value of the subject property as unencumbered. EFFECTIVE DATE: May 31, 2009. HIGHEST AND BEST USE: Continued use as a single-family residence. COST APPROACH: N.A. SALES APPROACH: $266,000 INCOME APPROACH: N.A. FINAL VALUE CONCLUSION: $266,000 2 APPRAISAL CERTIFICATION I hereby certify that upon application for valuation by: THE ESTATE OF ERIKA K. CAWLEY the undersigned personally inspected the following described property: All that certain piece or pazcel of land, with the improvements thereon erected, situate in South Middleton Township, Cumberland County, Pennsylvania, bounded and described as follows: Beginning at a point on the easterly line of Kitszell Drive, which said point is more particularly located at the intersection of the easterly line of Kitszell Drive and the dividing line between Lots Nos. 2 and 3 on the "Final Land Development Plan for the Mayapple Village Wexford Patio Unit Lots"; thence from said point and place of beginning along the dividing line between Lots Nos. 2 and 3, north 64 degrees, 10 minutes, 53 seconds east, a distance of 125.01 feet to a point on the property line of other lands of Mayapple Village as shown on the aforesaid Plan and along the dividing line between Lots Nos. 2 and 3; thence from said point along the property line of other lands of Mayapple Village, south 25 degrees 49 minutes 07 seconds east, a distance of 70.00 feet to a point on the property line of other lands of Mayapple Village as shown on the aforesaid mentioned Plan and along the dividing line between Lots Nos. 3 and 4; thence from said point on the property line of other lands of Mayapple Village, south 64 degrees 10 minutes 53 seconds west, a distance of 125.01 feet to a point on the easterly line of Kitszell Drive and along the dividing line between Lots Nos. 3 and 4; thence from said point on the easterly line of Kitszell Drive, north 25 degrees 49 minutes 07 seconds west, a distance of 70.00 feet to the point and place of beginning. To the best of my knowledge and belief the statements contained in this report are true and correct, and that neither the employment to make this appraisal nor the compensation is contingent upon the value reported, and that in my opinion the Mazket Value as of May 31, 2009 is: TWO HUNDRED SIXTY-SD{ THOUSAND DOLLARS $266,000 The property was appraised as a whole, subject to the contingent and limiting conditions outlined herein. J Larry E. Foote Pa. Certified General Appraiser GA-000014-L 1~ ~, , ~~ i' I f~ ` r ~ ~ ~~~~ i r c5~'`'; ~~ ,~, ~`~ ,~ r ~ V i~% ~'""~Lr-'C.- ~ r ~ %: ~ C v .J C-Gu~%.i..i1"F1-C... C. ~t~e~''~r}'XC t~ C/ /~ ~; f..~" ~~ ~~~~ ~~~~ ,r I ~ ~ \ \ !~. Y 4~~ 1 f, /~Jya. ~~/v_FIG ~~(/'~ / ~~ /1 ,~ ~~- ,,. ~~~~~ ~ ~f _` l ~~ _ /? a ~"~ ~. 7 // /,`,rte /i' s r' ., ~^ ,/? '~~ . /n J ~W~,t-o7;/2?y"/`G'+!C~G°.r~S,~.l~'rf'.!~~~ci=~r`,~.''~~ C;r/~~~'/, ,~, (/ _. ~ r f, f~~ r ~~~:~-mac ~_ ~~r µ_ ;.3'%rv ~' fem. /..-2 /~ /lJ ~~ tea, ~~.--! j I ~. j O ~~+CY i ~arJ ~ G~• O ~'r!~' rt's~" Tyr'-c~~~r s~~~ ~~ /r"' ~'~%~ ,d r ii ~ ~a i'i .~ ( j _._ -/J L ,. _.. 9~:%'G'`'l: ~l ~ r .~ __ r .-. ~~~~~~a ~Kr~~G~ ~ ~ ~f ' rr ~ r / '~..~-~ ~f_.~.f~ /Ldt`o~-~~G.,//~.;,,~,~~,W~.~~,,~,+~~,~y~'./ ~{;,..~,. b~"~"~""~e~'F".~:I:tn'q"y /~1~~,~'/~ '~ • r.:''. ~~ ~'.~.~~~,~ ,rte ~~ ~d s ~~~, ~! ~G, /U ~~~ ~~~~ ~-ate-oy ~~~`~~ T 2007 Honda Accord -Private Party Pricing Report -Kelley Blue Book I(elley Blue Soak THE TRUSTED RESOURCE .. __...~.,....~_...._.,, Elb.t•n ~'' ~J'~ advertisement Condit+on Value Excellent $19,315 ^/ Good $18,365 (Selected) Fair $17,165 ~., . _. .. ,,, .. _ e_ ~ e ,,w,n Vehicle Highlights ~ ~~ Mileage: .. 13,800 Engine: V6 3.0 Liter VTEC Transmission: Automatic Drivetrain: FWD Selected Equipment 84ndard Air ConBitionir;y Tilt Wheel Dual Front Air Bags Power Steering Cruise Control ABS (4-Wheel) Power VJintluws AM)FM Stereo Moon Roof Power Door Locks Multi Compact Oisc Alloy Wheels Optional F&R Side Air Bays leather Tra!tion Control Dual Power Seats Blue Baok Private Party Value Private Party Value Is what a buyer can expect to pay when buying a used car from a private party. The Private Party Value assumes the vehicle is sold "AS Is" and Carnes no warranty (other than [he continuing factory warranty). The Flnal sale price may vary depending on the vehicle's actual condition and local market conditions. This value may also be used to derive fair Market Value for insurance and vehicle donation purposes. Vehicle Ctaidition Ratings Excellent i ~f.?~3CZir $19,315 • Looks new, is In excellent mechanical condition and needs no rewnditloning. • Never had any paint or body work and Is free of rust. • Clean title history and will pass a smog and safety Inspection. • Engine compartment is clean, with no fluid leaks and Is free of any wear or visible defects. • Complete and verifiable service records. Page 1 of 2 / ~(" 1' ~' ~ ~ U Send to Printer 6/18/2009 Close Window 2007 Honda Accord EX Sedan 4D