HomeMy WebLinkAbout04-0059COMMONWEALTH OF
PENNSYLVANIA
DEPARTMENT OF REVENUE
DEPT. 28~601
HARRISBURG, PA 17128-0601
DEC~NT'S NAME (LAST, FIRST, AND MIDDLE INITIAL)
I- Feeney, Thomas J.
Z
I:l DATE OF DEATH (MM.OD-YEAR) DATE OF BIRTH (MM-DD-YEAR)
04/29/2003 08/26/1921
(IFAPPLICABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST, AND MIBBLE INITIAL)
LLI
LLI
iU
z
FILE NUMBER
[~ 1. Original Relum
--']4. Limiled Estate
r~6. Decedent Died Teslale (At~:~ copy o~wa)
J--~ 9. Liligalim Proceeds Received
r-~2. Supplemenlal Relum
[~46. Fulure Interest Compromise
r~7. Decedent Mainlained a Living
F'~lO. spousal Poverty Credil (dam ,~
REGISTER OF 1NILLS
Feeney, Mildred L.
r--] 3. Remainder Relum (am ~u~ p~, ~2.13-a2)
'--] 5. Federal Eslate Tax Relum Required
0 8. Total Number of Safe Deposit Boxes
r-111. Eleclk~ ~) lax under Sec. 9113(A) {Ara~ sch O)
NAME
Mildred L. Feeney
FIRM NAME (mfAppr, cab~)
TELEPHONE NUMBER
(717) 795-9635
1. Real Estate (Schedule A) (1)
2. Stocks and Bonds (Schedule B) (2)
3. Closely Held Corporalion, Partnership or Sele-Proprietorship (3)
4. Mortgages & Notas Receivable (Schedule D) (4)
5. Cash, Benk Deposits & Miscellaneous Personal Property (5)
(Schedule E)
6. JoinUy Owned Property (Schedule F'} (6)
~_~ Separate Biffing Requested
7. Inter-V'wos Tranefers & Miscellaneous Non-Pmbale Prope~ (7)
(Schedule G or L)
8, Total Gross Asm~ts (lolal Unes 1-7)
9. Funeral Expenses & Administralive Costa (Schedule H) (9)
10. Debta of Decedent, Morlgage Liabililies, & Liens (Schedule I) (10)
11. Total Dedudbas (Iolal Unes 9 & 10)
12. Net Value of EstMe (Line 8 minus Line 11)
COMPLETE MNLING ADDRESS
57 Devonshire Square
Mechanicsburg, PA
0.00
0.00
0.00
0.00
2,224.21
0.00
224,907.04
(6) 227,131.25
3,888.15
(11) 3,888.15
(12) 223,243.10
13. Charitable and Govemmenlal Boquesta/Sec 9113 Trusta for which an eleclJen lo tax has not been
made (Schedule J)
14. Net Value S~bject to Tax (L.ine 12 minus Une 13)
(13) i 224~907.04
(14) 0.00
SEE I~TRUCTK)gS ~ REVERSE SIDE FOR APPUCABLE RATES
15. Amount of Line 14 laxable al I~e spousal lax
tala, or lransfers under Sec. 9116 (a)(1.2) x .0 0~.__ (15)
16. Amounl of Une 14 taxable at lineal role x .0 __ (16)
17, Amount of Line 14 laxable at sibling role x .12 (17)
18. Amount of Line 141axal~e at collateralrate x .15 (18)
19. Tax Due (19)
0.00
0.00
0.00
0.00
REV-1500
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SOCiN. SECURIIY NUMBER
031-03-6237
Decede'nt's Complete Address:
STREET ADDRESS
57 Devonshire Square
C~TYMechanicsburg
STATE PA
J aP17050
Tax Payments and Credits:
1. Tax Due (Page 1 Line 1!~)
2. Credits/Payments
A. Spousal Poverty Credit
B. Prior Payments
¢. Discount
(1)
0.00
0.00
0.00
0,00
0.00
0.00
0.00
Tolal C, redits (A + B + C ) (2)
3. Interest/Penalty if applicable
D. Interest
E. Penalty
Total lnter~ ( D + E ) (3)
4. If Une 2 is greater than Une 1 + Line 3, enter the difference. This is the OVERPAYMENT.
Check box m Page 1 Line 20 to request a refund (4)
5. If Une 1 + Line 3 is greater ~ Line 2, enter the difference. This is the TAX DUE.
Enter the Interest on the tm( due.
B. Enter the total of Line 5 + SA. This is the BALANCE DUE. (SB)
Make Check Payable to: REGISTER OF WILLS, AGENT
PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS
IF THE ANSWER
Did decad(mt make a bansfer and: Yes No
a. retain ltm use or income of the property bansfen~; ........................................................................................ [] []
b. retain the dght to designate who shall use the property tmnsfened or its income; ........................................... [] []
c. retain a mvembnmy interest; or ......................................................................................................................... [] []
d. receive the promise for life of eilher payments, benefits or care? ..................................................................... [] []
If death occuned after December 12, 1982, did decedent transfer property within one year of death
without receiving adequate consideration? ............................................................................................................ [] []
Did decede~ own an "in bust for" or payable upon deaifl bank account or security at his or her death? ............ [] []
Did decedeet own an Individual Relirement Account, annuity, or olher non-probate prol)e~ which
coatains a beneficis,j designation? .................................................................................................................... []
TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN.
Dedara~n of preparer olher ~an ~'te pemamt r~msenlalive Is based on all infan~a/ien d tVnich pmpan~ has any i~.
SIGNATURE ~;)F. PER. SON RESPONSIBLE FOR FILING RETURN
ADDRESS
57 Devonshire Square, Mechanicsburg, PA 17050
9214 Setter Place, Spdngaeld, VA 22153
For dates of death on or after July 1, 1994 and before January 1, 1995, the lax rate imposed an the net vi of lransfers k) or for the use of bhe surviving spouse is 3%
[72 P.S. {9116 (a) (1.1) (i)].
For dates of death on or after January 1, 1995, the tax rote imposed on the net value of banders to or for b'm use of the ~ sixx~e is 0% F2 P.S. {9116 (a) (1.1) (~)].
The staMe does not exem~)t a tramfer to a surviving spouse from tax, and the statutonj requirements for disclosure of assets and flag a lax return are stiil applicable even if
lhe surviving spouse is ~e o~dy benetidary.
For dates of death on or after July 1, 2000:
The tax rote 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 adopdve parent,
or a stepparent of the child is 0% [72 P.S. §9116(a)(1.2)].
The lax rate imposed on the net value, of transfers to or for the use of lhe decadent's lineal benefidaies is 4.5%, except as noted in 72 P.S. ~9116(1.2) [72 RS. {9116(a)(1)].
The tax rate imposed on the net ~ue of Iransfers to or for the ~se of the decedent's s~mgs is 12% [72 P.S. §9116(aX1.3)]. A siblkg is defined, under Section 9102, as an
individual who has at least one parent in common with the decedent, whether by blood or adoplion.
REV-15~8 EX+ (6-98)
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
E~¥ATE OF
Foot. y, Thomas J.
SCHEDULE E
~4SH, BAHK DEPOSITS, &/VUSC.
PERSOI~ PROPEKI'Y
FILE NUMBER
ITEM
NUMBER
1.
Include the proceeds of liligation and Ihe date the Ixoceeds were received by ~e estate.
All property jointly-owned with right of survimed~ must be disclosed on Schedule F.
DESCRIPTION
USAA Subscribers account
TOTAL (Aim enter on line 5, Recapilulation) $
VALUE AT DATE
OF DEATH
2224.21
2,224.21
(If mom space is needed, insert additkmel sheels ~lhe seine si~e)
REV-1510 EX+ (6-98)
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
Feeney, Thomas J. ,
SCHEDULE G
INTER-VIVOS TRANSFERS &
J~ISC. NON-PROBATE PROPERTY
RLE NUMBER
This schedule must be completed and filed if the answer to any of queslions I II-~ough 4 on ~e ~ ~ ~ ~ ~1~ ~ ~E~ b ~es.
DESCRIPTION OF PROPERTY
ITEM I#Q.UI~THEI~U~IE0fTHETRNISFr:Rr~THERREATI{3~PTODECE{TS~kfl0 D~TE0~:~E~'~ %OFDECD'S EXCLUSION TAXABLE
NUMBER THE OATEOF TRAI~SFER, ATTN~HACOPY ~E THEOEE0 FOR RFJd. E...~r/~_ V~[.U~ OF ~-'e, FT_ INTEREST ~=~ VALUE
1. Vanguard Prime Money Market Fund (CUSIP) 922906-20-1 48760.71 112 24380.3
2. PA LT Tax-Exempt bond, (Vanguard) (CUSIP) 922046-10-4 3138.40 1/2 1568.2
3. CHASE CAPITAL IV CAP SECS D 7.3~4 % 10088.00 1/2 5044.0
4. DELMARVA PWR FINCG 1 TR PFD CAP SECS 8.125% 10320.00 1/2 5160.0
(CUSIP) 247112-20-4
5. MBNA CAP C TR ORIGINATED PFD SECS 8.25% (CUSIP) 10811.84 1/2 5405.9
55263V 20-6
6. CARRAMERICA RLTY CORP DEPOSITARY SH REP 1110 1349Z71 1/2 6746.3
PFD SER C WE (CUSIP)1~.~?.18-40-7
7. EQUITY RESIDENTIAL PFD SER L 7.625% 15174.00 1/2 7587.0
(CUSIP)29476-79-2
8. MBNA Cert of Dep fi 40-865441-0 10000.00 1/2 5000.0
9. MBNA Cert of Dep fi 40-413950-7 20000.00 1/2 10000.0
10. MBNA Cert of Dep fi 40-914405-6 15002_83 1/2 7501.4
11. MBNA Cert of Dep # 40-316277-3 15020.42 1/2 7510.2
12. MBNA Money Market Account 40507.18 1/2 20253.5
13. Condominium in Westover Village, Cumberland County, 237500.00 1/2 118,750.0
Hamden Township, address of 57 Devonshire Square,
Mechanicsburg, PA 17050
TOTAL (Also enter on line ? Recapitulation) $ 224,907.04
(If more space h~ fleeded, insed addil~ si~ d 1he same si~e)
REV-1511 EX+ (12-99)
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
F~ney, ~ J.
SCHEDULE H
FUNERAL EXPENSES &
ADMINISTRATIVE COSTS
FILE NUMBER
Debts of decedent must be reported oa Sdmdule [
ITEM
NUMBER DESCRIPTION AMOUNT
1.
2.
3.
4.
5.
6.
7.
8.
9
10.
FUNERAL EXPENSES:
Reception, Le Tort View Community Center, Carlisle Barracks. PA
Rowers, Rother Mels, Mechanicsburg. PA
Chaplains Fund,Carlisle Barracks, PA
Obituary, Washington Post & Patriot News (including burial sen, ice announcemenls)
Burial urn, Cremation Society of Pennslyvania
Death Certificates, Cremation Society of Pennslyvania
Rags and cases, Post Exchange, Carlisle Banacks, PA
Telephone calls, pictures and postage
Prepaid funeral expenses, Cremation Society of Pennslyvania
Registry books, cards, Neill Funeral Home, Camp Hill, PA
ADMINISTRATIVE COSTS:
Personal Repmsentalive's Commissions
Name of Personal Representative(s) George A. Seamand,~/ MJJdred L Feeney
Social Security Number(s)lElN Number of Personal Reprasentalve(s)
Street Address 9214 Se~r Place 157 Devonshire Square
city Springfield.VA 22153 / Mechanicsburg
Year(s) Commission Paid: None
Attorney Fees
Family Exemp§o~: (If decedent's address is not the same as claimant's, altach explanalion)
Claimant None
Slmet Address
Rela'donship of Claimant Io Decadenl
Probate Fees
Accountant's Fees
Tax Return Preparer's Fees
State ~7_~
314.40
72.00
100.00
478.00
195.00
47.00
195.00
311.00
695.00
125.00
1,355.75
0.00
O.O0
0.00
TOTAL (Also enter off line 9. Recapitulation) $ 3,888.15
(If mom space is needed, insert addirmeal sheeis of Ihe same size)
REV-1513 EX+ (9-00)
COMMONWEALTH 01: PENNSYLVANIA
INHERITANCE ~X RETURN
RESIDENT I)ECEDENT
ESTATE OF
Feeney, Thomas J.
SCHEDULE J
BENEFICIARIES
RLE NUMBER
RELATIONSHIP TO DECEDENT AMOUNT OR SHARE
NUMBER NNdE AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do ~ List Trustee(s) OF ESTATE
] TAXABLE DlS'~IBUTIONS ['~x:lude oulrigh! sp~sai dislribulions, and transfe~ under
~ec. 9116 (a) (1.2)]
]!
ENTER DOllAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROIJC~ 18, AS N~3PRIATE, ON REV-1500 COVER SHEET
NON-TAXABlE DISTRIBUTIONS:
A. SPOUSALDISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE
Mildred L. Feeney, W"Ee
57 Devonshire Square, Mechanicsburg, PA 17950
B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS
TOTAL OF PART II - ENTER TOTAL NON-T~J(ABLE DISTRIBUTIONS ON UNE 13 OF RE~1500 COVER SHEET
224907.04
(ff more spece is needed, inaeri ~ sheals al i~ same ~ize)
lAcK
GAUGHEN
REALTORE R A'
Mechanicsburg Office
101 Old Schoolhouse Lane
Mechanicsburg, PA 17055
(717) 697-4673
(717) 697-0822 FAX
July 9, 2003
Mrs. Mildred Feeney
57 Devonshire Square
Mechanicsburg, PA 17050
Dear Mrs. Feeney:
Thank you for the privilege of viewing your home to determine the appropriate price of
your residence if you decided to sell it in the current real estate market. Based on a
market comparison of sold properties in Devonshire Square, if I listed the property today
I would price it at $237,500 with the expectation that it would actually sell for close to
the offering price.
Please be advised that this is not a certified appraisal, which must be performed by a
licensed Real Estate Appraiser. Please call me if you have any questions.
Sincerely yours,
(~ James L. D. Monroe
Associate Broker, GRI
Manager
Independently Owned And Operated By NRT Incorporated
Website: www.jgr, com
h,,llh.llh.,hhlh,,,Ih,h,hl,.h,lh,,Ihl
THOMAS J FEEfiEY TR
UA 09-12-97
THOMAS J FEENEY TRUST
57 DEVONSHZRE SQ
MECHANICSBUR6 PA 17050-6873*
April 30, 2003, year-to-date ' Page 1 of 4
PORTFOI. IO SUM M A RY
Statement number: 008955513
(800) 662-2739 Client Services
(800) 992-8327 - Brokerage Services
www.vanguard.com VCebsite
(800) 662-6273 Tele-Account
TOTAL OF ALL A¢(~OUNT.q Value on 12/31/2002 Value on 4/30/2003
$ 99.658.95 $111,809.40
INV~'$TI~ E:NT ACCOU N'rS CUSIP .ticker Value on 12/31/2002 Value on 4/30/2003
Shod.term inveslmenls $ 57,709.97 $ 48,797.0S
Prime Money Mkt Fand 922906-20-1 VMMXX $ 57,709.97 $ 48,797.05
Bonds $ 3,081.30 $ 3,147.75
PA LT Tax-Exempt Investor 92204L-10-4 VPAIX $ 3,081.30 $ 3,147.75
Stocks $ 38,867.68 $ 59,864.60
VI~S stock holdln~s 4ov-555773 $ 38,867.68 $ 59,864.60
Total investment accounts $ 99,658.95 $111,809.40
Income year-to-date
Tax-exempt income year-to-date
Total
,353.95 Portfolio allocation '
45.06 Short-term investments
,399.01 Bonds
Stocks
,385.32
20,470.00
Non VBS purchases year-to-date
Non VBS redemptions year-to-date
43.7%
2.8
53.5
100.0%
Vanguard Brokerage Sewices (VBS), a division of Vanguard Marketing Corporation (VMC), member SIPC, is the introducing firm for
VBS accounts. Assets listed in this statement are held by separate entities. VBS holdings are held in custody by VBS's carrying firm,
Pershing LLC. Vanguard Ftmcls are not protected by $1PC and are held by Vanguard, which provides Vanguard fund data. Summary
data is provided solely as a service and is for informational purposes only. Pershing is not liable for Vanguard fund data or
valuations. Vanguard funds are offered by prospectus only end are distributed by VMC. Portfolio allocation consists of Vanguard
funds and VBS holdings. Fora complete list of your VBS holdings, refer to the "Holdings" section of the statement pages tilled
'Vanguard Brokerage Sewices".
This statement shows only transactions that occurred on your brokerage account during thc past month.
While it includes a summary pa (s) listin all of your Vanguard accounts and for your linked Money
Market settlement account, it does not in~ a
de detail pages for each fund.ge page
A comprehensive statement, which
includes detail pages for each fund, will continue to be mailed following the dose of each quarter.
1- 4
035366 141§ 40§C M2 3X
I]ll all Ill Ill] ill Illl Illl Hll fi[ii Jill Hill Illl Illllll II lilt
THOMAS j FEENEY TR
UA 09-12-97 ~
THOMAS J FEENEY TRUST
April 30, 2003, year-to2date ·
(800) 662-2739 - Client Services
Fund number: 30
Account number: 9910707041
Statement number: 008955513
[,age 2 of 4
AGGOUNTVALUE
On12/31/2002 On 4/30/2003
$ 57,709.97 $ 48,797.05
Your VBS transactions are swept to and from this Portfolio. VBS assets are held in custody by Pershing. Vanguard
Funds are offered by prospectus only and distributed by Vanguard Marketing Corporation, a division of The Vanguard Group, Inc.
Trade dat~ Transaction Dollar amount Share price Shares transacted Total shares ow ._r~
Balance on 12/31/2002 $1.00 57,709.970
1/15 Brokerage purchase $ 214.50 1.00 214.500 57,924.470
1/27 Brokerage redemption -10,165,00 1.00 -10,165.000 47,759.470
1/31 Income dividend 57.81 1.00 57.810 47,817.280
2/28 Brokerage purchase 283,75 1.00 283.750 48,101.030
2/28 Income dividend 40.40 1.00 40.400 48,141.430
3/14 Brokerage redemption - 10,305.00 1.00 -10,305.000 37,836.430
3/31 Brokerage purchase 672.57 1.00 672.570 38,509.000
3/31 Income dividend 37.21 1.00 37.210 38,546.210
4/07 Fund Express purchase 10,000.00 1.00 10,000.000 48,546.210
4/15 Brokerage purchase 214.50 1.00 214.500 ~',760.710~
4/30 Income dividend 36.34 1.00 36.340 48,797.05-0
Balance on 4/30/2003 $1.00 48,797.050
Income dividends $171.76
Purch~__~es_ year-to-date
Redemplions year-to-date
Annualized Compound Distribution
yield annual yield payable date
$11,385.32
20,470.00 April 0.96% 0.96% 5/01/2003
INVEST-BY-HAIL
Do not altar this slip.
Use only lo purchase additional shares in:
Vangaani Prime Money Market Fund
Fund number: 30.
Account number: 9910707041
Make checks payable to: The Vanguard Group - 30
List each check separately.
$ I
$ I
Total amount enclosed
THOMAS J FEENEY TR
UA 09-12-97
THOMAS J FEENEY TRUST
57 DEVONSHIRE SQ
MECHANICSBURG PA 17050-6873
Visit www.vanguard.com or call
to change your address.
THE VANGUARD GROUP
PO BOX 7800
PHILADELPHIA PA 19101-9892
0030
09910707041
3O
2- 4
035367 1416 406C M2 3X
IIIIlllllllllllllllllllllllllllllllllllllllllillllllllllllllll
March 31, 2003-April 30, 2003
?anguard Brokerage Services
Division of Vanguard Mark, tln~ Corporalion
Page 3 of 4
THOMAS J FEENEY TR
UA 09-12-97 ~
THOMAS J FEENEY TRUST
57 DEVONSHIRE SQ.
MECHANICSBURG PA 17050-6873
(800). 992-8327
Account number:
Statement number:
Brokerage Services
40V-555773
008955513
HOLDINGS SUMMARY
Stocks
Value on 3/31/2003 % Holdings
$ 59,431.06 100.0
Value on 4/30/2oo3 % Holdi~s
$ 59,864.60 100.0
Total account value
$ 59,431.06 100.0
$ 59,864.60 100.0
INCOMB SUMMARY
Dividends
~ period Year-to-date
$ 214.50 $ 1,182.19
R~'TU RN SUMMARY
Return of principal
HOLDINGS
'This period Year-to-date
$ .00 $ 203.13
(This sacflon reflects settled trades only)
Balance
Long market value
$59,864.60
Stocks
Quantity / Current Current Estimated Estimated Dividend
Account type price value annual income yield status
CHASE CAPITAL IV
CAP SECS SER D 7.34%
SecurilytO: CMV
400.00000 $ 25.300000 $10,120.00 $ 734.00 7.3% Cash
Cash
DELMARVA PWR RNCG I 400.00000 25.550000
TR PFD CAP SECS Cash
8.125% *'
SecuritylD: ClV PRD
10,220.00 812.40 7.9 Cash
MBNA CAP C TR 416.00000 26.200000 10,899.20 857.79 7.9 Cash
Vanguard Brokerage Services (VBS), member SIPC, is the introducing firm for VBS accounts. Your assets are held by VBS's
clearing firm, Pershing LLC. Your VB$ transactions settle throughyour Vanguard money market account, held separately by
Vanguard or in acco~lance with the settlement procedures defined by your employer sponsored retirement plan. Maintaining
covered put options requires that a segregated Vanguard money market fund be carried by our clearing firm. Prices listed reflect
quotations on the stalement date. Current prices and estimaled annual income and yield are listed to help you track your
account and ere not suitable for tax purposes.
3- 4
035368 1416 40§C M2 3X
I llillllllllllllllll[lllllllllllllllliilllllllltlllllllllliilll
THOMAS J FEENEY TR
UA 09-12-97 ~
THOMAS .J FEENEY TRUST
57 DEVONSHIRE SQ.
MECHANICSBURG PA 17050-6873
March 31, 2003~April 30, 2003
Vanguard Brokerage rvices
A Dk~i~;n of Vanguard Ma.,ke~ Corporation
(800) 992-8327 -
Account number:
Statement number:
Brokerage Services
40V-555773
008955513
Page 4 of 4
HOLDINGS CONTINU ED
Stocks continued
Quantity / Current Current
Account type price value
Estimated Est~nated Dividend
annual 13come yield status
OFIGINATED PFD SECS
825%
SecuritylD: KRB PRC
C4~RAMERICA RLTY
CORP DEPOSITARY SH
REP 1/10 PR3 SER C B/E
SecurilylD: CRE PRC
Cash
531.00000 25.400000 13,487.40
Cash
EQUITY RESIDENTIAL 6O0.00000
PR3 Cash
SER L 7.625%
SecuritytD: EQR PRL
25.230000 15,138.00
1,134.74 8.4 Cash
1,143.60 7.6 Cash
Tolal stocks $ 59,864.60
$ 4,682.53 7.8%
ACTIVITY (This section reflects settled trades only)
All lransactions sweep to and from your Vanguard Prime Money Market Fund, account number
9910707041. Money market assels are not held by Pershing.
Trade Settle
date date Transaction Quantity Description Price Amount
4/15 4/15 MONEY FUND PURCHASE
4/15 4/15 BOND INTERESTRECEIVED
VANGUARD PRIME MMKT $ -214.50
41§ SHRS 214.50
MBNA CAP C TR
ORIGINATED PFC) SECS 8.2596
RD 03/31 PD 04/15/03
4- 4
035369 1416 406C M2 3X
I IIIlllllllllilllllllllllllllllllllilllUllllllllllllllllllllll[llll
RBNA ARERICA BANK, N.A.
P. O. BOX 15103
WILMINGTON, DE 19850-5103
1-(8oo)-353-1734
THORAS J FEENEY TTEE
J'& R L FEENEY REV TR DTD 9/12/97
DEVONSHIRE
ECHANICSBURG ~ 17050-6873
ACCOUNT NURBER
~0-865~1-o
FOR CHANGE OF ADDRESS, PLEASE USE THE REVERSE SIDE OF THIS FORR.
ROAA GOLOCERTIFICATE CO ACCOUNT
STATERENT PERIOD FROR 5/01/03 THROUGH 5/31/03 ACCOUNT NURBER
NURBER OF DAYS 31
PAGE
~0-865~1-0'
TERR
ACCOUNT SUR/4ARY INFORRATION
18 RONTHS CALENOAR YTO INTEREST PA,O 20~.:&7
0~6
ISSUE DATE
RATURITY DATE
INTEREST RATE
04/10/03
10/10/0~.
2.5o~
CALENDAR YTD NITHHOLDING
CALENDAR YTD PENALTY
0.00
TRANSACTION HISTORY INFORRATION
POST EFF TRANSACTION
DATE OATE OESCRIPTION
~/Ol
/31
BEGINNING BALANCE
ENDING BALANCE
TRANSACT I ON BALANCE
A/4OUNT
IRPORTANT NEWS
ENCLOSED IS AN ARENDRENT TO YOUR ACCOUNT(S) TERRS
ANO CONOITIONS. ONLY ONE A~ENDRENT IS INCLUDED
WITH YOUR STATERENT(S), EVEN IF YOU HAVE RORE
THAN ONE OEPOSIT ACCOUNT. THIS ARENDRENT APPLIES
TO EACH OF YOUR OEPOSIT ACCOUNT(S). PLEASE REAO
AND RETAIN IT. IT AODS A RANDATORY ARBITRATION
SECTION REANING AN ARBITRATOR WOULO RESOLVE ANY
OISPUTE ABOUT THE ACCOUNT(S), NOT A COURT.
1037 OOF FDIC INSURED
AMERICA®
MBNA AMERICA BANK, N.A.
P. O. BOX 15103
WILMINGTON, DE 19850-$103
1-(800)-353-1734
THOHAS J FEENEY TTEE
TJ &cML FEENEY TRUST OTB 9/12/97
70EVONSHIREECHANICSBURG ~ 17050-6873
ACCOUNT NUMBER
40-413950-7
FOR CHANGE OF ADDRESS, PLEASE USE THE REVERSE SIDE OF THIS FORM.
MOAA GOLOCERTIFICATE CO ACCOUNT
STATEMENT PERIOD FROM $/O1/O3 THROUGH $/31/O3 ACCOUNT NUMBER
NUMBER OF DAYS 31
PAGE
40-413950-7
ACCOUNT SUMMARY INFORMATION
TERM 18 MONTHS
ISSUE OATE 12/27/O2
MATURITY DATE 06/2~/~
INTEREST RATE .
CALENDAR YTD INTEREST PAID
CALENDAR YTD WITHHOLDING
CALENBAR YTD PENALTY
0 o00
0.00
0.00
TRANSACTION HISTORY INFORMATION
POST EFF TRANSACTION
OATE OATE OESCRIPTION
/01
/31
BEGINNING BALANCE
ENDING BALANCE
TRANSACTION
AMOUNT
BALANCE
IMPORTANT NEWS
ENCLOSED IS AN AMENDMENT TO YOUR ACCOUNT(S) TERMS
ANO CONOITIONS. ONLY ONE AMENDMENT IS INCLUOED
WITH YOUR STATEMENT(S), EVEN IF YOU HAVE MORE
THAN ONE OEPOSIT ACCOUNT. THIS AMENOMENT APPLIES
TO EACH OF YOUR DEPOSIT ACCOUNT(S). PLEASE REAO
AND RETAIN IT. IT ADOS A MANDATORY ARBITRATION
SECTION MEANING AN ARBITRATOR WOULO RESOLVE ANY
OISPUTE ABOUT THE ACCOUNT(S), NOT A COURT.
419 OOF FDIC INSURED
MBNAAMERICA BANK, N.A.
P. O. BOX 15103
WILMINGTON, DH 19850-5103
1-(800)-353-1734
ACCOUNT NUMBER
40-914405-6
THOMAS J FHENEY TTEE
T 'J & M L FEENEY REV TR DTD 9/12/97
57 DEVONSHIRE SQ
MECHANICSHURG PA 17050-6873
FOR CHANGE OF ADDRESS, PLEASE USE THE REVERSE SIDE OF THIS FORM.
MOAA GOLDCERTIFICATE CD ACCODNT
STATEMENT PERIOD FROM 5/01/03 THROUGH 5/31/03 ACCOUNT NUMBER
NUMBER OF DAYS 31
PAGE 1
40-914405-6
ACCOUNT SUMMARY INFORMATION
TEI~M 18 MONTHS
ISS0= DATE 03/08/02
MATUKZTY DATE 09/08/03
INTEREST RATE 3.454
c~o~ Y'~D IZ~EREST PAID 258.a7
CALENDAR YTD WZTHHO~DING 0.00
CALENDAR YTD PENALTY 0.00
TRANSACTION HISTORY INFORMATION
POST EFF TRANSACTION
DATE DATE DESCRIPTION
S/01 BEGINNING BALANCE
5/31 ENDING BALANCE
TRANSACTION BALANCE
AMOUNT
IMPORTANT NEWS
ENCLOSED IS AN AMENDMENT TO YOUR ACCOUNT(S) TEi~MS
· -ND CONDITIONS. ONLY OITE AM~0P~NT I~ INCLUDED
WITH YOUR STATEMENT(S),EVEN IF YOU HAVE MORE
THAN ONE DEPOSIT ACCOUNT. THIS AMF/~D~ENT APPLIES
TO EACH OF YOUR DEPOSIT ACCOUNT(S). PLEASE READ
AND RETAIN IT. IT ADDS A MANDATORY ARBITRATION
SECTION MEANING AN ARBITRATOR WOULD RESOLVE ANY
DISPUTE ABOUT THE ACCOUNT(S), NOT A COURT.
FDIC INSURED
RBNA ARERICA BANK, N.A.
e. O. BOX 15103
WILRIN6TON, DE 1985o-51o3
1-(8oo)-353-1734
THORAS J FEENEY TTEE
T J'& R L FEENEY REV TRUST DTD 9/12/97
7DEVONSHIRE
ECHANICSBURG ~ 17050-6873
ACCOUNT NURBER
40-316277-3
FOR CHANGE OF ADDRESS, PLEASE USE THE REVERSE SIDE OF THIS FORH.
HOAA GOLOCERTIFICATE CD ACCOUNT
STATEHENT PERIO0 FROH 5/01/03 THROUGH 5/31/03 ACCOUNT NUHBER
NURBER OF DAYS 31
PAGE 1
40-316277-3
TEAR
ISSUE DATE
RATURITY DATE
INTEREST RATE
ACCOUNT SURRARY INFORRATION
-18 "ONTHS CALENO~N'i~RES~P'~,~
272.05
05/20/03 CALENDAR YTD WITHHOLDING 0.00
il/20/04 CALENDAR YTD PENALTY 0.00
2.40~
TRANSACTION HISTORY INFORRATION
POST EFF TRANSACTION
DATE DATE OESCRIPTION
5/Ol
5/20 5/20
5/20 5/20
3/20 5/20
3/31
BEGINNING BALANCE
INTEREST PAYRENT
PREAUTH TRSF TO DESIGNATED ACCT
RENEWEO / ~ATUREO DEPOSIT
ENDING BALANCE
TRANSACTION BALANCE
A~OUNT
272.05 ~
272.o5-
15,0~0.42 15,020.42
15,020.42
IRPORTANT NEWS
ENCLOSED IS AN ARENDRENT TO YOUR ACCOUNT(S) TER~S
ANO CONOITIONS. ONLY ONE ARENORENT IS INCLUDED
WITH YOUR STATERENT(S), EVEN IF YOU HAVE RORE
THAN ONE OEPOSIT ACCOUNT. THIS ARENORENT APPLIES
TO EACH OF YOUR DEPOSIT ACCOUNT(S). PLEASE READ
AND RETAIN IT. IT ADDS A RANOATORY ARBITRATION
SECTION REANING AN ARBITRATOR WOULD RESOLVE ANY
OISPUTE ABOUT THE ACCOUNT(S), NOT A COURT.
341 OOF FDIC INSURED
A M E R I C ~e,
MBNA AMERICA BANK, N.A.
P. O. BOX 15103
WILMINGTON, DE 19850-5103
1-(8OO)-353-1734
THOMAS J FEENEY TTEE
TJ & ML FEENEY REV TR DTD 9112/97
57' DEVONSHIRE
MECHANICSBURG ~ 17050-6873
ACCOUNT NUMBER
57-456144-5
FOR CHANGE OF ADDRESS, PLEASE USE THE REVERSE SIDE OF THIS FORM.
MOAA GOLDSAVERS MONEY MARKET ACCOUNT
STATEMENT PERIOD FROM 5/18/O3 THROUGH 6/17/O3 ACCOUNT NUMBER
NUMBER OF DAYS 31
PAGE
57-456)44-5
ACCOUNT SUMMARY INFORMATION
ACCOUNT SUMMARY:
BEGINNING BALANCE
TOTAL ~ DEPOSITS/CREDITS
TOTAL $ WITHDRAWALS/DEBITS
ENDING BALANCE
AVERAGE BALANCE
NUMBER OF DEPOSITS/CREOITS
NUMBER OF WITHDRAWALS/DEBITS
40,523.83
b5.95
0.00
40,573
1
O
INTEREST SUMMARY:
ANNUAL PERCENTAGE YIELD EARNED
INTEREST EARNED THIS PERIOD
AVERAGE BALANCE FOR YIELD CALC
CALENDAR YTO INTEREST PAIO
CALENDAR YTD INTEREST WITHHELD
61.93~
5.94
40,573.~3
425.53
o.oo
TRANSACTION HISTORY INFORMATION
POST EFF TRANSACTION
DATE DATE DESCRIPTION
5/18
6/17 6/17
6/17
BEGINNING BALANCE
INTEREST PAYMENT
ENDING BALANCE
TRANSACTION
AMOUNT
65.95
BALANCE
40,573.83
4o,§39.7~
40,639.7~
INTEREST RATE HISTORY
IMPORTANT NEWS
INTEREST
DATE RATE
5/18/o3 2.oo~
5/26/03 1.895
6/16/O3 1 79~
LOOKING FOR A HIGH-YIELD CD?
LOCK IN THE 24-MONTH MOAA-S~ONSORED CD AT
*****..2.~2~_ANNU~L PERCENTAGE YIELD (APY) *****
OFFERED 6/16/03-6/25/03. THE REQUIRED MINIMUM
OPENING BALANCE IS 52,500. A PENALTY MAY BE
IMPOSED FOR EARLY WITHDRAWAL OF CD PRINCIPAL.
WITHORAWALS AND FEES MAY REDUCE EARNINGS ON THE
ACCOUNT. MEMBER FDIC.
ROAA-SPONSORED MONEY MARKET ANNUAL PERCENTAGE
YIELDS (APYS) OFFERED 6/16/~3.- 6/22/03:
31,OOO - $49,999 I ~O~ APY
~5o,ooo+ '
1.90~ APY
MINIMUM OPENING DEPOSIT IS $I,OOO. FOR BALANCES
BELOW Sl,OOO, THE APY IS CURRENTLY .43~. FEES. MAY
REDUCE THE EARNINGS ON THE ACCOUNT. THE APY(S} MAY
CHANGE AFTER THE ACCOUNT IS OPENED. MEMBER FDIC.
2933 909 FDIC INSURED
LAST WILL AND TESTAMENT OF
THOMAS J. FEENEY
I, THOMAS $. FEENEY, of Hampden Township, Cumberland County, Pennsylvania, do
hereby make this my Last Will and Testament, revoking any former Wills and Codicils made by
me.
FIRST: I give my tangible personal property and all casualty insurance that I am carrying
on said tangible personal property to my wife, if she survives me. If she does not survive me
such tangible personal property shall be sold, and the proceeds added to my residuary estate, to
pass as hereafter described.
SECOND: I give, devise and bequeath the rest, residue and remainder of my estate, real
and personal, to the Trustee of that certain Revocable Trust Agreement, between Thomas J.
Feeney and Mildred L. Feeney, as Settlors, and Thomas J. Feeney, as Trustee, which Trust
Agreement is dated September 12, 1997, as revised and restated in its entirety on even date
herewith. The Trustee shall add the property bequeathed and devised by this Article to the
principal of such Trust and shall hold, administer and distribute suchproperty in accordance with
the provisions of such Trust Agreement, as amended.
THIRD: In the event that the above bequest and devise is ineffective or invalid, for any
reason, then I hereby give, devise and bequeath such undisposed property, up to the residue of
my estate, to be held, administered and distributed in accordance with the provisions of the
aforesaid Revocable Trust Agreement, dated September 12, 1997, as revised and restated in its
entirety on even date herewith, between Thomas J. Feeney and Mildred L. Feeney, as Settlors,
and Thomas J. Feeney, as Trustee, which Trust Agreement is hereby fully incorporated herein by
this reference and made a part hereof, the same as if the entire Trust Agreement, as amended,
were set forth herein.
FORTH: If any person should die within thirty (30) days of me, then such person shall
be conclusively presumed to have predeceased me.
FIFTH: (1) I name my wife, Mildred L. Feeney, and my friend, George A. Seamands, as
my Co-Executors. If my wife should fail to survive me, or if she is unable or unwilling to serve
as a Co-Executor, then Robert R. Church, Esq., or some other attorney designated by the law
firm with which he is associated, or was last associated, shall serve as my alternate Co-Executor.
I direct that my Co-Executors, or their alternates, successors, and substitutes, all of whom are
herein referred to as my Executor regardless of number or gender, serve without bond in any
jurisdiction in which called upon to act.
(2) My Executor shall be entitled to receive reasonable compensation for
services rendered as well as reimbursement for reasonable expenses incurred.
SIXTH: (1) I give to any Executor named in this Will or any Codicil hereto or to any
alternate, successor or substitute Executor all of the powers enumerated in this Will and all of the
powers applicable by law to fiduciaries in the Commonwealth of Pennsylvania and in particular
through the Pennsylvania Probate, Estates and Fiduciaries Code, as effective and as in effect on
the date hereof, during the administration and until the completion of the distribution of my
estate. I direct that all such powers shall be construed in the broadest possible manner and shall
be exercisable without court authorization.
(2) My Executor is authorized and empowered to acquire and to retain, either
permanently or for such period of time as my Executor may determine, any assets, whether such
-2-
assets are or are not of the character approved or authorized by law for investment by fiduciaries
and whether such assets do or do not represent an overconcentration in one investment.
(3) My Executor is authorized and empowered to disclaim any interest, in whole
or in part, of which I, or my Executor, may be the beneficiary, devisee, or legatee, by executing
an appropriate instrument (in accordance with section 2518 of the Internal Revenue Code of
1986, as amended, or such similar section as may then be in effect).
(4) My Executor is authorized and empowered to sell at public or private sale, or
exchange, and to encumber or lease, for any period of time, any real or personal property and to
give options to buy or lease any such property. Additionally, my Executor is authorized and em-
powered to compromise claims, to borrow from anyone (including a fiduciary hereunder) and to
pledge property as security therefor, to make loans to and to buy property from anyone
(including a fiduciary or beneficiary hereunder); provided that any such loans shall be adequately
secured and at a fair interest rate.
(5) My Executor is authorized and empowered to allocate property, charges on
property, receipts and income among and between principal or income, or partly to each, without
regard to any law defining principal and income.
SEVENTH: (1) All estate, inheritance, succession and other death taxes imposed or
payable by reason of my death and interest and penalties thereon with respect to all property
passing under the terms of my Will or my Revocable Trust Agreement and comprising my gross
estate for death tax purposes, shall be paid out of the residue of my estate, as if such taxes were
expenses of administration, without apportionment or right of reimbursement. However, no such
-3-
taxes shall be charged against any mount passing to a charitable beneficiary. I authorize my
Executor to pay all such taxes at such time or times as deemed advisable. All other such taxes
shall be apportioned as provided by law and paid by the donees or transferees thereof unless my
Executor, in its sole discretion, shall elect to pay such taxes fi:om the residue of my estate. The
decision of my Executor in this regard shall be binding upon all persons having an interest
therein.
(2) If my probate estate is insufficient to satisfy any taxes that are properly
payable by my Executor, I have by my aforesaid Revocable Trust Agreement, directed the
Trustee to make available to my Executor fi:om the trust estate sufficient funds with which to pay
such taxes in full.
IN WITNESS WHEREOF, I have set my hand and seal on this my Last Will and
Testament this ,2~ Z~'day of ~~ , 1998.
SIGNED, SEALED, PUBLISHED, and
DECLARED by THOMAS J. FEENEY,
as and for his Last Will and
Testament, on the day and year
last above written, in the
presence of us, who, at his
request, in his presence, and
in the presence of each other,
all being present at the same
time, have hereunto subscribed
our names as witnesses:
-4-
SELF-PROVING AFFIDAVIT
COMMONWEALTH OF PENNSYLVANIA '
COLTNTY OF CUMBERLAND ·
SS.
WE, THOMAS J. FEENEY, and Shawn W. Weis ,
Michele A. Singer , and Joyce C. George , the Testator and the
witnesses, respectively, whose names are signed to the attached or foregoing instrument, being
first duly swom, do hereby declare to the undersigned authority that the Testator signed and
executed the instrument as his Last Will and that he had signed willingly (or willingly directed
another to sign for him), and that he executed it as his firee and voluntary act for the purposes
therein expressed, and that each of the witnesses, in the presence and hearing of the Testator,
signed the Will as witness and to the best of his or her knowledge the Testator was at that time
eighteen (18) years of age or older, of sound mind, and under no constraint or undue influence.
Witness
Witness
Subscribed, sworn to, and acknowledged before me by THOMAS J. FEENEY, the Testator, and
subscribed and sworn to before me by
Shawn W. Weis , Michele A. Singer ,
and Joyce C. George , witnesses, this 20th day of March , 1998.
-5-
Camo ~-.,',~i 8 , biOta '
BUREAU OF INDIVIDUAL TAXES
INHERITANCE TAX DIVX$ION
DEPT. 180601
HARRXSBURG, PA 171Z8-0601
HILDRED L FEENEY
57 DEVONSHIRE SQ
HECHANICSBURG
CONNONNEALTH OF PENNSYLVANIA
BEPARTNENT OF REVENUE
NOTICE OF INHERITANCE TAX
APPRAISEHENT, ALLO#ANCE OR DISALLO#ANCE
OF DEDUCTIONS AND ASSESSHENT OF TAX
~ ~TE 05-15-200q
"ESTATE OF FEENEY
BATE OF BEATH Oq-Zg-ZO0$
FTLE NUHBER 21 0~-0059
P ! CddNTY CUMBERLAND
ACN 101
'04 rlAR 12
PA 17050 Ct;Ip, Li~.:
Amoun~ Remi~ad
REV-16417 EX &FP (01-05)
THOMAS J
HAKE CHECK PAYABLE AND REHZT PAYHENT TO:
REGISTER OF WILLS
CUHBERLAND CO COURT HOUSE
CARLISLE, PA 17015
CUT ALONG THIS LINE ~ RETAIN LONER PORTION FOR YOUR RECORBS ~
REV-Z547 EX AFP (01-03) NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLONANCE OR BZSALLONANCE OF DEDUCTIONS ANB ASSESSHENT OF TAX
ESTATE OF FEENEY THOMAS J FILE NO. 21 0R-0059 ACN 101 BATE 05-15-200~
TAX RETURN NAS: (X) ACCEPTED AS FILED ( ) CHANGED
RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE
APPRAISED VALUE OF RETURN BASEB ON: ORIGINAL RETURN
1. Real Estate (Schedule A) (1)
2. Stocks and Bonds (Schedule B) (2)
$. Closely HeLd Stock/Partnarsh/p Interest (Schedule C) ($)
q. Nortgagas/Notas Raca/vabla (Schedule D) (~)
$. Cash/Bank DaposLts/Hisc. Personal Property (Schedule E) (5)
6. Jo/ntly Ownad Property (Schedule F) (6)
7. Transfers (Schedule G) (7)
8. Total Assets
APPROVED DEBUCTZONS AND EXEMPTIONS:
9. Funeral Expansas/Adm. Costs/Nisc. Expanses (Schedule H) (9)
10. Dabts/Nortgaga Liabilitias/L~ans (Schedule I) (10)
11. Total Deductions
12. Nat Value of Tax Return
15.
1~.
2~ZZ~.Z1
.00
ZZq~907.0~
(B}
5,888.15
Charitable/Governmental Bequests; Non-elected 9115 Trusts (Schedule J)
Net Value of Estate Sub~act to Tax
.00 NOTE: To insure proper
.00 credit to your account,
.00 submit the upper portion
.00 of this form with your
tax payment.
.00
NOTE:
227,151.25
(11) 3.888.15
(12) 223,2~3.10
(13) 223,2~5.10
(14) . O0
Zf an assessment was issued prev/ously, lines 1~, 15 and/or 16, 17, 18 and 19
reflect flgures that include the total of ALL returns assessed to date.
w111
ASSESSMENT OF TAX:
1.6. Amount of L/ne 1~ at Spousal rate
16. Amount of Line 1~ taxable at L1neal/Class A rate
17. Amount of L/ne 1~ at S1bllng rate
18. Amount of Line lq taxable at Collateral/Class B rate
19. Principal Tax Due
TAX CREDITS:
PAYHENT RECEIPT DISCOUNT (+)
DATE NUMBER INTEREST/PEN PAID (-)
IF PAID AFTER DATE INDICATED, SEE REVERSE
FOR CALCULATION OF ADDITIONAL /NTEREST.
(15) .00 X O0 = .00
(16) .00 X 0~5 = .00
(17) . O0 x 12 = . O0
(is) .00 x 15 = .00
(19)= . O0
AHOUNT PAID
TOTAL TAX CREBZT
BALANCE OF TAX DUE
INTEREST ANB PEN.
TOTAL DUE
.0O
.00
.00
.00
( ZF TOTAL DUE ZS LESS THAN $1~ NO PAYMENT ZS REQUIRED.
ZF TOTAL DUE ZS REFLECTED AS A "CREDIT" (CR), YOU NAY BE DUE
A REFUND. SEE REVERSE SIDE OF THIS FORH FOR INSTRUCTIONS.)
RESERVATION:
PURPOSE OF
NOTICE:
PAYMENT:
REFUND (CR):
OBJECTIONS:
ADMIN-
ISTRATIVE
CORRECTIONS:
DISCOUNT:
PENALTY:
INTEREST:
Estates of decedents dying on or before December 12, 198Z -- if any future interest in the estate is transferred
in possession or enjoyment to Class B (collateral) beneficiaries of the decedent after the expiration of any estate for
life or for years, the Coaaonaealth hereby expressly reserves the right to appraise and assess transfer Inheritance Taxes
at the laaful Class 8 (collateral) rate on any such future interest.
To fulfill the requirements of Section ZlqO of the %nharitanca and Estate Tax Act, Act Z3 of ZOO0. (TI P.S.
Section 91q0).
Detach the top portion cf this Notice and submit with your payment to the Register of Mills printed on the reverse side.
--Make check or money order payable to: REGISTER OF N/LLS, AGENT
A refund of a tax credit, ahich ams not requested on the Tax Return, may be requested by completing an "Application
for Refund of Pennsylvania Inheritance and Estate Tax" (REV-131S). Applications are available at the Office
of the Register of Mills, any of the Z5 Revenue District Offices, or by calling the special gA-hour
ansearing service for forms ordering: 1-800-36Z-ZO50; services for taxpayers aith special hearing and / or
speaking needs: 1-800-q47-30ZO (TT only).
Any party in interest not satisfied aith the appraisement, alloeance, or disalloaance of deductions, or assessment
of tax (including discount or interest) as shown on this Notice must object aithin sixty (60) days of receipt cf
this Notice by:
--eritten protest to the PA Department of Revenue, Board of Appeals, Dept. Z81021, Harrisburg, PA 171Z8-10Z1, OR
--election to have the matter determined at audit of the account of the personal representative, OR
--appeal to the Orphans' Court.
Factual errors discovered on this assessment should be addressed in ariting to: PA Department of Revenue,
Bureau of Individual Taxes, ATTN: Post Assessment Review Unit, Dept. Z80601, Harrisburg, PA 17128-0601
Phone (717) 787-6505. Sea page 5 of the booklet "Instructions for Inheritance Tax Return for a Resident
Decedent" (REV-IS01) for an explanation of administratively correctable errors.
If any tax due ts paid within three (3) calendar months after the dscedent's death, a five percent (JZ) discount of
the tax paid is allowed.
The 15Z tax amnesty non-participation penalty is computed on the total of the tax and interest assessed, and net
paid before January 18, 1996, the first day after the end of the tax amnesty period. This non-participation
penalty is appealable in the same manner and in the the same time period as you would appeal the tax and interest
that has been assessed as indicated on this notice.
Interest is charged beginning with first day of delinquency, or nine (9) months and one (1) day from the date of
death, to the date of payment. Taxes which became delinquent before January 1, 1982 bear interest at the rate of
six (6X) percent par annum calculated at a daily rata of .000164. All taxes which became delinquent on and after
January l, 198Z will bear interest et a rate which will vary from calendar year to calendar year with that rate
announced by the PA Department of Revenue. The applicable interest rates for 198Z through 2004 ara:
Interest Daily Interest Dally Interest Daily
Year Rate Factor Year Rate Factor Year Rate Factor
~ 2OZ .000548 ~'~-1991 11X .000301 ~ 9X .OOOZ4?
1983 16Z .000438 1992 9Z .000247 ZOOZ 6Z .000164
1984 1ZZ .000301 1993-1994 7Z .000192 ZOOS 5g .000117
1985 13Z .000~56 1995-1998 9Z .000Z47 ZOO4 42 .000110
1986 lOX .000274 1999 72 .000192
1987 lOX .000274 2000 7Z .000192
--Interest is calculated as follows:
/NTEREST = BALANCE OF TAX UNPATD
X NUNBER OF DAYS DELINQUENT X DALLY INTEREST FACTOR
--Any Notice issued after the tax becomes delinquent will reflect an interest calculation to fifteen (15) days
beyond the date of the assessment. If payment is mede after the interest computation date shown on the
Notice, additional interest must be calculated.