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Home My WebLink About02-17-10 Q °~ ~ ° .~~,w ~ NN N~ v~aF`~...'"co~ H- W ~c~ ~ W u- LL ~'~ ~f ! ~~~ .. ff \r~~~~~t~i A.:~! ~ ~ -------- M ~.... .~ ,~--- t~ - ~` _ - ~- ~~ o ~ o , ~ w ~~ ~ ti ~ SI W r~ O M N M ,~,' (sl M ~ U ~ ~ ~-~- ~ "- ~ P4 3 v ~ ~ w o x ~' ` ~ H ~ W ._.,,, W P4 s ~-~.. ~A1~W~ H ' WU' ~ ~ ~^~~ Z ~pWGUO U O n ~. r'~i n O r-+ u7 w ~' Q ~ ~ rh ~ U ~ ~ C~ W >a CINDY LOU FRANKE Attorney at Law Email: 1035 Ragged Edge Road Phone: (717) 267-3769 cifrankelaw@comcast.net Chambersburg, PA 17202-9709 F~'~ (717) 267-3605 a2 / - /D - ~/y ~ February 15, 2010 n `~' -A y ~ o ~ ~--. Glenda Farner Strasbaugh ~ , ~ r ~ ~, ` ~:. Register of Wills ~ =~~ ~ rn , _-- ; ;_- ';- -; Cumberland County Courthouse ° =% ~~ ~ '" ~ ~ ` +~ ~" One Courthouse Square `~' `-~ ~~ ~ ` ' - ~ ~ Carlisle, PA ~ 7013-3323 ~~~ ~ ~~ f=~' {:.~ _ ~ - _ . } ^ N .. ~ ~._, .. ` _, R,~a ,~ ~ ` ~a Re: Frank J. Kraker, Deceased Inheritance Tax Return Dear Ms. Strasbaugh: Please process the enclosed Pennsylvania Inheritance Tax Return forms for the above-referenced decedent. I have also enclosed a check (#3250) from the account of Frank J. Kraker and Ivy M. Kraker made payable to "Registrar of Wills" in the amount of $15.0o to cover the processing fee for this return, and a stamped self-addressed envelope for your use in sending me the receipt for such payment. Thank you for your assistance with this matter. If you need further information, please contact me. Sincerely, e~~ Y, Cindy Lou Franke 4 enclosures cc: Mrs. Ivy M. Kraker 505605104? REV-1500 EX (06-05) PA Department of Revenue Bureau of Individual Taxes INHERITANCE TAX RETURN PO BOX 280601 Harrisburg, PA 17128-0601 RESIDENT DECEDENT OFFICIAL_USE ONLY Code Year File Number h t' ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death Date of Birth d g~ zo 9zz z o~"~3z~ 09 0~/ ~:I~q~ Decedent's Last Name Suffix Decedent's First Name MI ,~ R f4 ~ ~ R ~" ~ ~} N~ ~T' (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW S~ 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 (date 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 AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number ~/ N,~Y LOG/ ~R~-~KE ~"sQ. ~'/ 7 ~ 6~?' 3 `9 - Firm Name (If Applicable) ~, ., REGISTER OFI USE ON~ ~ y ' ,. =, First line of address .: ,; .. Second line of address ~ ~ ~~ ~ ~3 : CV .. ;-; c ~ t~; ~ ~,,, : -~ City or Post Office State ZIP Code DATE FILED c ~f ~M.~~RS.f~U RG ~A ~ ~ z o~ g 7 0 9 C / ~ra~,~e /a,c.6/ a~ Co rYI C~ h ~e~ Correspondent's a-mail address: .Z,~" a'~ , (~ 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 prep onal representative is based on all information of which preparer has any knowledge. S NATURE OF PERS N SPONSIBLE FOR FILING RETURN DATE ADDR~S9 IVY M. KRAKER, 101 CLOVER HILL RD, NEWBURG, PA 17240-9715 SIG TURE OF z ARE HER THA REPRESENTATIVE DATE [%i//1~ii dE'Q~i ~if~l.Gf.P DMZ ~/4~ • ~1 /n ADDRESS / CINDY LOU FRANKE, ESQ., 1035 RAGGED EDGE RD, CHAMBERSBURG, PA 17202-9709 PLEASE USE ORIGINAL FORM ONLY Side 1 15056051047 15056051047 J J 15056052048 REV-1500 EX Decedent's Social Security Number -~- ~~a/V~` ~~ ~-` ~7`~~~~ ' ~j d g •Z-- ~ O 9_ ~~ 02 : eC..~. s Name: Decedent RECAPITULATION 1. Real estate (Schedule A) . ........:................................. .. 1. +. 2. Stocks and Bonds (Schedule B) ..................................... .. 2. _ ~-_, .. .~ 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C) ... .. 3. _ :. ,-. 4. Mortgages & Notes Receivable (Schedule D) ........................... .. 4. E h d l l P S 5 ~' ~ 0 ~ ~ ,. O 5. e u e ro ert c P P Y ( ) ...... Cash, Bank De osits & Miscellaneous Persona . .. ~/ ,<. 6. Jointly Owned Property (Schedule F) O Separate Billing Requested ..... .. 6. irk ~.'F.G ~ 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property R t d Billi S t 7 ~ T ~± z' g 7 ...... eques e epara ng e (Schedule G) O .. . ~ 8 '6 3 _ 7 g ~ 9 8. Total Gross Assets (total Lines 1-7) .................................. .. . . .. 9. Funeral Expenses & Administrative Costs (Schedule H) ................... .. 9. • 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) .............. .. 10. «. 11. Total Deductions (total Lines 9 & 10) ................................. .. 11. . 12. Net Value of Estate (Line 8 minus Line 11) ............................ .. 12. ~p ~ . ,.: c ~ ~ 7 . / '~ 13. Charitable and Governmental Bequests/Sec 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. ~0 3 ~ $ 7 +` 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 QO ~0 3 7 ~ 7 . g J~ 15. 0 . ~ ~ 16. Amount of Line 14 taxable at lineal rate X .0 _ • 16. • 17. Amount of Line 14 taxable at sibling rate X .12 • 17. • 18. Amount of Line 14 taxable at collateral rate X .15 • 18. 19. TAX DUE ....................................................... ..19. ~" ~ ~ 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT O Side 2 L 15056052048 15056052048 J REV-1500 EX Page 3 File Number Decedent's Complete Address: DECEDENT'S NAME ~"~~I N~ ~1T ~C~4 ~4~ER -- _ STREETADDRESS CITY T STATE - ----- I ZIP /1/E"~.$ C/~ ~~ / 702 ~D -- 9 ~'/,S Tax Payments and Credits: 1. Tax Due (Page 2 Line 19) 2 Cr d't /P t (1) a, o0 e i s aymen s A. Spousal Poverty Credit _ __ - -__ _ _ _ __ __- --- B. Prior Payments C. Discount _ _-__ - Total Credits (A + B + C) (2) (°~ Q d 3. Interest/Penalty if applicable D. Interest E. Penalty Total Interest/Penalty (D + E) (3) Q, ~ 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Fill in oval on Page 2, Line 20 to request a refund. (4) ~ ~d 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) ~ Ord A. Enter the interest on the tax due. (5A) O, dt~ B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (5B) O . ~6 Make Check Payable to: REGISTER OF WILLS, AGENT .. ~ s 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 .......................................................................................................................... ^ Q d. receive the promise for life of either payments, benefits or care? ...................................................................... ^ 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration? .............................................................................................................. ^ Q 3. Did decedent own an "in trust 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. For dates of death on or after July 1, 1994 and before January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is three (3) percent [72 P.S. §9116 (a) (1.1) (i)]. For dates of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is zero (0) percent [72 P.S. §9116 (a) (1.1) (ii)]. The statute does not exemot a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1, 2000: The tax rate imposed on the net value of transfers from a deceased child twenty-one years of age or younger at death to or for the use of a natural parent, an adoptive parent, or a stepparent of the child is zero (0) percent [72 P.S. §9116(a)(1.2)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is four and one-half (4.5) percent, except as noted in 72 P.S. §9116(1.2) [72 P.S. §9116(a)(1)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is twelve (12) percent [72 P.S. §9116(a)(1.3)]. Asibling is defined, under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. REV 1508 EX+ (6-98) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCNEDt~LE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY ESTATE OF FILE NUMBER FRANK J. KRAKER Include the proceeds of litigation and the date the proceeds were received by the estate. All property jointly-owned with right of survivorship must be disclosed on Schedule F. (If more space is needed, insert additional sheets of the same size) REV-1510 EX+ (08-09) ~~ pennsylvania SCHEDULE G DEPARTMENT OF REVENUE INTER-VIVOS TRANSFERS AND INHERITANCE TAX RETURN MISC. NON-PROBATE PROPERTY RESIDENT DECEDENT ESTATE OF FILE NUMBER FRANK J. KRAKER This schedule must be completed and filed if the answer to any of questions 1 through 4 on page three of the REV-1500 is yes. ITEM NUMBER DESCRIPTION OF PROPERTY INCLUDE THE NAME OF THE TRANSFEREE, THEIR RELATIONSHIP TO DECEDENT AND THE DATE OF TRANSFER. ATTACH A COPY of THE DEED FOR REAL ESTATE. DATE OF DEATH VALUE OF ASSET % OF DECD'S INTEREST EXCLUSION (IF APPLICABLE) TAXABLE VALUE 1• M&T Bank IRA Account No 35004201815866 to survivin s ouse Iv M . , g p , y . Kraker, beneficiary - $54,190.83 value on DOD plus $97.12 accrued interest 54,287.95 100 54,287.9: TOTAL (Also enter on Line 7, Recapitulation) $ ~ 54,287.95 If more space is needed, use additional sheets of paper of the same size. REV-1513 EX+ (11-08) ~ pennsylvania SCHEDULE ~ DEPARTMENT OF REVENUE INHERITANCE TAX RETURN BENEFICIARIES RESIDENT DECEDENT ESTATE OF FILE NUMBER FRANK J. KRAKER RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE I TAXABLE DISTRIBUTIONS [Include outright spousal distributions and transfers under Sec. 9116 (a) (1.2).] 1. IVY M. KRAKER, 101 CLOVER HILL RD, NEWBURG, PA 17240-9715 SPOUSE 63,787.95 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18 OF REV-1500 COVER SHEET, A S APPROPRIATE. II NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN 1. B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS 1. TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET. $ If more space is needed, insert additional sheets of the same size.