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Home My WebLink About01-12-10~ e • w , 1505607121 REV-1500 Ex (x-05) OFFICIAL USE ONLY PA Department of Revenue Bureau of Individual Taxes County Code Year File Number Po sox 26oso1 INHERITANCE TAX RETURN 2 1 0 8 1 0 9 4 Hanisbum, PA 17128-0601 RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death Date of Birth 1 0 2 9 2 0 0 8 0 3 0 6 1 9 2 3 Decedent's Last Name Suffix Decedent's First Name MI C RA I G MARY J (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI Spouse's Social Security Number FILL IN APPROPRIATE OVALS BELOW 0 1. Original Return 4. Limited Estate 0 6. Decedent Died Testate (Attach Copy of Will) 9. Litigation Proceeds Received THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS ,.,, 2. Supplemental Return 4a. Future Interest Compromise (date of death after 12-12-82) 0 7. Decedent Maintained a Living Trust _ (Attach Copy of Trust) 10. Spousal Poverty Credit (date of death between 12-31-91 and 1-1-95) ZIP Code CORRESPONDENT -THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTWL TAX INFORMATION 51HOULD B ECTED TO:z`~ Name Daytime Telephone Number H ANTHONY ADAMS 7 1 7 5 3 2 3 2 7 0 Firm Name (If Applicable) First line of address 4 9 WEST ORANGE STREET Second line of address S U I T E 3 City or Post Office State S H I P P E N S B U R G P A C7 ~= -ra c~ -.-r ~`t ,,~ 3. Remaind3l>i urn (dat ~ deatEi•± prior to 1~:~ (';: - 5. Federal ~~~' ReturaRequ~rep~:-~~ 8. Total Nurttb~~ti~fe Dg~slt B~ic~s . c ~ ~_..? . E ...,. _ ~- i 11. Election fo-tender Se~~9113(~i~~ `~ ~ (Attach Sct-,-E3) •• ~ , ~ ~~~ REGISTER OF WILLS USE ONLY ~ rv c~ ~: r Q ~, _-r-i --~- ~ ~ t - , ,-,-, ;;~ ~Tk~FIL~D ~ , , _~ .. "~.~.,. T~~ r ~3 C :} ~~ .t 1 7 2 5 7 ~~ ~' ~ ;,, ` a - r*.~ c- ~, -;~ Side 1 L 1505607121 1505607121 ~~ Correspondent's a-mail address: htadamSlaW(a~embargmalLCOm Under penalties of perjury, I declare that I have examined this return, including accompanying ements, and to the best of my knowledge and belief, it is Imw mrrru~f and mmnlefe rlerlnro4inn of nron~ror nfhnr H»n 1hn ~u,ennel ronreennfe4nin ~ 6~ed1 .... ~u t..~ ...,~e......~..,ti~..~....~,...,.... ~.,.. ~.... ~..,...a.,.r,... 1505607221 REV-1500 EX Decedent's Social Security Number DecedenrsName: MARY J. CRAIG RECAPITULATION 1. Real estate (Schedule A) 1• 7 8 3 0 0 0. 0 0 ........................................ 2. Stocks and Bonds (Schedule B) 2. 1 9 4 6 4 6, 3 8 .................................. 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C) ..... 3. 4. Mortgages 8 Notes Receivable (Schedule D) ........................ 4. 7 7 4 9 9 7 6 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) ....... 5. . 6. Jointly Owned Property (Schedule F) ^ Separate Billing Requested ....... 6. 7. Inter-Vivos Transfers & Miscellaneous N -Probate Property S l h d G ~ S Billi R d 7 ( c e u e ) eparate ng equeste ....... . 8. Total Gross Assets (total Lines 1.7) ........................... 8. 1 0 5 5 1 4 6, 1 4 9. Funeral Expenses i3 Administrative Costs (Schedule H) ................ g. 1 4 4 1 7. 0 2 10. Debts of Decedent, Mort a e Liabilities, & Liens Schedule I 9 9 ( ) ............ 10. 6 6 6 7. 0 6 11. Total Deductions (total Lines 9 & 10) ........................... 11. 2 1 0 8 4. 0 8 12. Net Value of Estate (Line 8 minus Line 11) ........................ . 12. 1 0 3 4 0 6 2. 0 6 13. Charitable and Governmental BequestslSec 9113 Trusts for which an election to tax has not been made (Schedule J) ........... ... .... 13. 14. Net Value Subject to Tax (Line 12 minus Line 13) .............. .... 14. 1 0 3 4 0 6 2 , 0 6 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. 0 0 15. 0. 0 0 18. Amount of Line 14 taxable 1 0 3 4 0 6 2 0 6 4 6 5 3 2 7 9 at lineal rate x .045 . 1s. . 17. Amount of Line 14 taxable 0 0 0 0 0 0 at sibling rate X .12 17. * 18. Amount of Line 14 taxable 0 0 0 0 0 0 at collateral rate X .15 . 18 . 19. Tax Due ................................................19. 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT Side 2 1505607221 46532.79 1505607221 LAST WILL AND TEST ~.a 0 0 m V -~ I, MARY JEAN CRAIG, of the Township of Southampton, ty of ^~ w ~-- Cumberland, Commonwealth of Pennsylvania, being of sound and disposing mind, -. } !._._i ~; ~3s' ~;:~; a -~ T; ~~ ~;--~ -~ memory and understanding, do make, publish and declaze this as and for my Last Will and Testament, hereby revoking and making void all former wills and codicils by me at anytime heretofore made. FIItST. I order and direct that all my just debts and funeral expenses be paid by a~ ww,rxe F. Sx~nE ~~~ s3 west rams~a saner Grliale, reomylv~oia 17013 my personal representative or representatives, hereinafter named, as soon as conveniently may be done after my decease. I further authorize my personal representative to expend funds from my Estate in such amounts as my personal representative shall consider appropriate, for the disposition and memorial of my remains. SECOND. All the rest, residue and remainder of my Estate, real, personal and ~ mixed, whatsoever and wheresoever situate, I give, devise and bequeath unto my sons, CHARLES L. CRAIG and JAMES L. CRAIG, in equal shares. If either or both of them should fail to survive me, I give, devise and bequeath his shaze unto such of his issue who shall survive me, in equal shazes, by representation and not per capita. THIItD. For the purposes of this my Last Will and Testament, a person shall not be deemed to have survived me unless he or she shall have survived me by more than ninety (90) days. i } FOURTH. I order and direct that any estate, inheritance or similaz tax due as a result of my death with respect to any property passing as a result of my death, shall be paid from the residue of my Estate before its division into shares and prior to distribution as an expense of administration and that no pazt of the taxes should be prorated or apportioned among the persons or beneficiaries receiving the taxable property. It is my express intention that all inheritance taxes imposed as a result of my death be paid from the residue of my Estate whether or not the property passes under my Last Will and Testament. My personal representative shall have full power and authority to pay, compromise or settle any such taxes at anytime whether with respect to present or future interests. FIFTH. Any and all decisions, determinations or actions made or taken by a personal representative or Trustee hereunder, if made in good faith, shall be final and conclusive on all persons who aze or may become interested in my Estate. No fiduciary acting under this my Last Will and Testament shall be liable for any error in judgment or for any depreciation or reduction in value of any Estate or Trust assets at anytime, in the absence of willful default. LASTLY. I nominate, constitute and appoint my sons, CHARLES L. CRAIG and JAMES L. CRAIG, to be the Co-Executors of this my Last Will and Testament. If, for any reason, either of them should fail to qualify or decline or cease so to serve, I order and direct that the other act, alone, as the Executor hereof, each to serve without bond. w~xxB F. Sx~wE Atmmey a2 Lw 53 Went Pomfict Sweet ~ 0. 17013 -2- IN WITNESS WHEREOF, I, MARY JEAN CRAIG, have hereunto set my hand and seal to this my Last Will and Testament which consists of four (4) typewritten pages to each of which I have affixed my signature, this 11th day of Ma A.D. One Thousand Nine Hundred Ninety-Eight (1998). (SEAL) Mary an aig The preceding instrument, consisting of this and three (3) other typewritten pages, each identified by the signature of the Testatrix, was on the date thereof signed, sealed, published and declazed by MARY JEAN CRAIG, the Testatrix therein named, as her Last Will and Testament, in the presence of us, who, at her request, in her presence, and in the presence of each other, .have subscribed our names as witnesses hereto. Acknowledgment WAYNE F. SHADE Atlanry at Law 53 Wat Pom6et Stixt Carliak, Pmosylvania 17013 COMMONWEALTH OF PENNSYLVANIA ) SS: COUNTY OF CUMBERLAND ) I, MARY JEAN CRAIG, the person whose name is signed to the foregoing instrument, having been duly qualified according to law, do hereby acknowledge that I signed and executed the instrument as my Last Will and Testament and that I signed it willingly and as my free and voluntary act for the purposes therein expressed. -3- Sworn to or affirmed and acknowledged before me by MARY JEAN CRAIG, this 11th day of May.. , 1998. Mary raig Cii~•....- _ - ~ ~-rr~; Notary Public Notarial Seal Connie J. Trig, Notaryry Public Affidavit Carlisle, Currlberland Coun My Commission Expiros Oct. 5,000 COMMONWEALTH OF PENNSYLVANIA ) SS: COUNTY OF CUMBERLAND ) We, Wayne F . Shade and Karen F . Byers ,the witnesses whose names are signed hereto, being duly qualified according to law, do depose and say that we were present and saw the Testatrix sign and execute the instrument as her Last Will and Testament; that the Testatrix signed willingly and executed it as her free and voluntary act for the purposes therein expressed; that each subscribing witness in the hearing and sight of the Testatrix signed the Will as a witness; and that, to the best of our knowledge, the Testatrix was at that time eighteen or more years of age, of sound mind and under no constraint or undue influence. Sworn to or affirmed and subscribed to before me by Wayne F . Shade and Karen F . Byers ,witnesses, this 11th day of ay 1998. ~~ ~.. Wnn~ F. SxwE nuamey at I.aw s3 west PomS~t sane cam, r~ylv.~. 17013 Notarial Seal /~~ Connie J. Tritt, Notary Public `'~~ ~ 'z~~ Carlisle, Cumberland County Notary Public My Commission Expires Oct. 5, 2000 -4- rs 0 o 00 ~. ;-~~ ~ ~` ` LAST WILL AND TESTAME ~ ~ ~~ ~ _ I, MARY JEAN CRAIG, of the Township of Southampton, ~ ty of ^~ ~~ :.-~ .--, GJ :~ a.- Cumberland, Commonwealth of Pennsylvania, being of sound and disposing mind, memory and understanding, do make, publish and declaze this as and for my Last Will and Testament, hereby revoking and making void all former wills and codicils by me at anytime heretofore made. FIRST. I order and direct that all my just debts and funeral expenses be paid by ~~ wA~F. sx~n>; Attorney u Law 33 Went Pomfret Street Cadiak, Pmoaylvaoia 17013 my personal representative or representatives, hereinafter named, as soon as conveniently may be done after my decease. I fiuther authorize my personal representative to expend funds from my Estate in such amounts as my personal representative shall consider appropriate, for the disposition and memorial of my remains. SECOND. All the rest, residue and remainder of my Estate, real, personal and mixed, whatsoever and wheresoever situate, I give, devise and bequeath unto my sons, CHARLES L. CRAIG and JAMES L. CRAIG, in equal shazes. If either or both of them should fail to survive me, I give, devise and bequeath his share unto such of his issue who shall survive me, in equal shazes, by representation and not per capita. TIED. For the purposes of this my Last Will and Testament, a person shall not be deemed to have survived me unless he or she shall have survived me by more than ninety (90) days. e +i FOURTH. I order and direct that any estate, inheritance or similar tax due as a result of my death with respect to any property passing as a result of my death, shall be paid from the residue of my Estate before its division into shares and prior to distribution as an expense of administration and that no part of the taxes should be prorated or apportioned among the persons or beneficiaries receiving the taxable property. It is my express intention that all inheritance taxes imposed as a result of my death be paid from the residue of my Estate whether or not the property passes under my Last Will and Testament. My personal representative shall have full power and authority to pay, compromise or settle any such taxes at anytime whether with respect to present or future interests. FIFTH. Any and all decisions, determinations or actions made or taken by a personal representative or Trustee hereunder, if made in good faith, shall be final and conclusive on all persons who are or may become interested in my Estate. No fiduciary acting under this my Last Will and Testament shall be liable for any error in judgment or for any depreciation or reduction in value of any Estate or Trust assets at anytime, in the absence of willful default. LASTLY. I nominate, constitute and appoint my sons, CHARLES L. CRAIG and JAMES L. CRAIG, to be the Co-Executors of this my Last Will and Testament. If, for any reason, either of them should fail to qualify or decline or cease so to serve, I order and direct that the other act, alone, as the Executor hereof, each to serve without bond. wASrxE F. St~wE ~~~ s3 weac i~amsec saxc ca~l r l~ e, ~y . 17013 -2- IN WITNESS WHEREOF, I, MARY JEAN CRAIG, have hereunto set my hand and seal to this my Last Will and Testament which consists of four (4) typewritten pages to each of which I have affixed my signature, this 11th day of May , A.D. One Thousand Nine Hundred Ninety-Eight (1998). CPit ~ (SEAL) Mary an •aig The preceding instrument, consisting of this and three (3) other typewritten pages, each identified by the signature of the Testatrix, was on the date thereof signed, sealed, published and declared by MARY JEAN CRAIG, the Testatrix therein named, as her Last Will and Testament, in the presence of us, who, at her request, in her presence, and in the presence of each other, have subscribed our names as witnesses hereto. Acknowledgment WAYNE F. SHADE AtOO~ay at Law 53 West PomSet Suet Cadiak, Peomylvaoia 17013 COMMONWEALTH OF PENNSYLVAI~TIA ) SS: COUNTY OF CUMBERLAND ) I, MARY JEAN CRAIG, the person whose name is signed to the foregoing instrument, having been duly qualified according to law, do hereby acknowledge that I signed and executed the instrument as my Last Will and Testament and that I signed it willingly and as my free and voluntary act for the purposes therein expressed. -3- Sworn to or affirmed and acknowledged before me by MARY JEAN CRAIG, this 11th day of May , 1998. Mary an raig ~....... ~ /~wK,, Notary Public Notarial. Seal Connie J. Trio, Notary Public Affidavit Carlisle, Cumberland Coun My Commission expires Od. 5,000 COMMONWEALTH OF PENNSYLVANIA ) SS: COUNTY OF CUMBERLAND ) We, Wayne F . Shade and Karen F . Byers ,the witnesses whose names are signed hereto, being duly qualified according to law, do depose and say that we were present and saw the Testatrix sign and execute the instrument as her Last Will and Testament; that the Testatrix signed willingly and executed it as her free and voluntary act for the purposes therein expressed; that each subscribing witness in the hearing and sight of the Testatrix signed the Will as a witness; and that, to the best of our knowledge, the Testatrix was at that tune eighteen or more years of age, of sound mind and under no constraint or undue influence. Sworn to or affirmed and subscribed to before me by Wayne F . Shade and Karen F . Byers ,witnesses, this 11th day of ay 1998. ~~ f, WnxxE F. SxwE Aaomey at Law s3 west ram&et S~ carssk, Peoesynwia 17013 Notarial Seal - Connie J. Tritt, Notary Public ~ ~ 'u~ Carlisle, Cumberland County Notary Public My Commission Expires Oct. 5, 000 - -4- .. SUMMARY APPRAISAL REPORT OF Estate of Mary J Craig 230 Neil Road Shippensburg, PA .17257 AS OF October 29, 2008 PREPARED FOR Jim Craig 3989 Orrstown Road Orrstown, PA 17244 PREPARED BY Ausherman Bros. Real Estate Inc. Tim L. Ausherman PA Certified General Real Estate Appraiser Certification #GA-000149E Daniel M. Mulewich Assistant to the Appraiser PA Certified Residential Real Estate Appraiser Certification #RL139540 a .~ Ckerd Jim Crei File Na. Address 230 Neil Rd C' Shi ensbu Coun Cumberland State PA Zi Code 17257-9415 Lender Jim Crai APPRAISAL AND REPORT IDENTIFICATION This appraisal conforms to gne of the following definitions: ® Complete Appraisal (The act or process of estimating value, ar an opinion of value, performed without invoking the Departure Rule.) ^ Limited Appraisal (The act or process of estimating value, or an opinion of value, pertortned under and resulting from invoking the Departure Rule.) This report is 40a of the following types: ^ Self Contained (A written report prepared under Standards Rule 2-2(a) of a Complete or Limited Appraisal performed under STANDARD 1.) ® Summary (A written report prepared under Standards Rule 2-2(b) of a Complete or Limited Appraisal performed under STANDARD 1.) ^ Restricted (A written report prepared under Standards Rule 2-2(c) of a Complete or Limited Appraisal performed under STANDARD 1, restricted to the stated intended use by the specified client a irdended user.) Comments on Standards Rule 2-3 I certify that to the best of my knowledge and belies: ! ;The statements of tact contained in this report are W e and corect The reported anatyses, opinions, and conclusions are limited only by the reported assumptions and IimNng conditrons, and are my personal, impartial, and unbiased professional analyses, opinions and conclusions. i I have no (or the specified) present or prospective interest m the property that is the subject of this report, and no (a the specfied) personal interest with respect to the parties involved. I have no bias with respect to the property that is the subject of this report or the parties invaNed with this assignment My engagement in this assignment was not contingent upon developing or reporting predetermined results. i.: My compensation for completing this assignment is not contingent upon the devebpmeM or reporting of a predetermined value or direction in value that favors the cause of the diem, the amourd of the value opinion, the altainmerd of a stipulated rewlt, or the occurrence of a subsequent event direcity related to the irdended use of this appraisal. !_ My anayses, opinions and conclusions were developed and this report has been prepared, in coMormiry with the Uniform Standards of Professional Appraisal Practice. ^ I have (a have not) made a personal inspectron of the property that is the subject of this report. No one provided signfiicant real property appraisal assistance to the person signing this certfiication. (If there are exceptions, the name of each individual providing significant real property appraisal assistance must be stated.) Comments on Appraisal and Report Identification Note any departures from Standards Rules 1-3 and 1-4, plus arty USPAP-related issues requiring disclosure: APPRA(S R: SUPERVI AP E (only if required): S~ Signatur . Daniel M Mul 'ch Name' rm L shertnan Doh Signed: 03/02/2009 Date Signed: 03/02/2009 State Certification #: RL139540 State Certification #: GA000149L or Stale License #: or State License #: State: PA State: PA Expiration Date of Certification or License: 6/30/2009 Expiration Date of Certification or License: 6/29/2009 ® Did ^ Did Nat Inspect Property Ausherman Bros. Real Estate Inc. Form ID5 - "WinTOTAL" appraisal soilwar~y a la mode, irc. -1-800-ALAMODE • ~~ N Ausherman Bros. Real Estate Inc. 229 North Second Street Chambersburg, PA 17201 www. aushermanbros.com 717-264-6715 717-264-4973 Mazch 2, 2009 Jim Craig 3989 Orrstown Road Orrstown, PA 17244 Re: Estate of Mary J Craig 230 Neil Road Shippensburg, PA 17257 Dear Mr. Craig: Pursuant to your request, we have prepazed an appraisal for the above referenced property. The purpose of this appraisal is to estimate the mazket value of the subject property's fee simple interest for estate settlement. This appraisal is intended for the use of the client only. The summary report of a complete appraisal has been completed in accordance with the iJniform Standards of Professional Appraisal Practice (USPAP) and applicable Federal regulations. The attached report details the scope of the appraisal, level of reporting, definition of value, valuation methodology, and pertinent data reseazched and analyzed in the development of this appraisal. We certify that we have no present or contemplated future interest in the property beyond this estimate of value. Your attention is directed to the Limiting Conditions and Assumptions, located on page 10. Acceptance of this report constitutes an agreement with these conditions and assumptions. 4 • ~l L March 2, 2009 Page 2 In our opinion, the value of the subject property, as of October 29, 2008, was as follows: 23'0' Neil Road $783OOQ Respectfully submitted, Ausherman $~'q~Real Estate Inc. L/T'iy~. Ausherman -~-~ pp~~ State Certified General Real Estate Appraiser Certification #GA-000149E i~'~/ Daniel M Mulewich PA Certified Residential Real Estate Appraiser Certification #RL-139540 ., •- Summary of Salient Facts £,., Subject Property: Estate of Mary J Craig 230 Neil Road Shippensburg, PA 17257 Property Overview: Agricultural Interest Appraised: Fee Simple Interest Highest and Best Use Agricultural Land As Vacant: Highest and Best Use Agricultural As Improved: Zoning: Village Center (VC) Assessment, Ratio and $482,000 Equalized Assessment: Sales Compa7-istln $783,000 Approach: Reconciled Value: $783,000 Important Considerations This page is invalid as an appraisal report if detached from the following detailed report, which contains 36 pages and addenda. Neither this summary page nor any other section of this report including addenda may be removed from or used outside of the full context of the report. 6