HomeMy WebLinkAbout03-03-10 (2)-~ REV-1500 1505607120
EX (06-05) OFFICIAL USE ONLY
PA Department of Revenue county cone veer File Number
Bureau of Individual Taxes INHERITANCE TAX RETURN 2 1 0 9 0 113 6
PO BOX.280601
Harrisburg, PA 17128-0601 RESIDENT DECEDENT
ENTER DECEDENT INFORMATION BELOW
Social Security Number Date of Death Date of Birth
100182836 10192009 07291924
Decedent's Last Name
REITH
(If Applicable) Enter Surviving Spouse's Information Below
Spouse's Last Name
Suffix Decedent's First Name MI
MARGARET M
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
® 1. Original Return ^ 2. Supplemental Return ^ 3. Remainder Return (date of death
prior to 12-13-®2)
^ 4. Limited Estate ^ qa. Future Interest Compromise ^ 5. Federal Estate Tax Return Required
(sate a death soar 1 z-12-92)
0
® 6 Decedent Died Testate ^ ~ Decedent Maintained a Living Trust 8. Total Number of Safe Deposit Boxes
(Adech copy or wn) (Anacn copy or rn,st)
^ 9. Litigation Proceeds Received ^ 1 p, Spousal Poverty Credit ((date or death 11. Election to tax under Sec. 9113 A
between 12-31-gt and i-1-95) ^ ( )
(Attach Sch. O)
CORRESPONDENT -THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO:
erne Daytime Telephone Number
BENJAMIN R. YOFFEE ESQ. 7174971021
Firm Name (If Applicable)
LAW OFFICE OF BENJAMIN R. YOFFEE
First line of address
P O BOX 216
Second line of address
City or Post Office
CAMP HILL
State 21P Code
PA 17011
REGISTER LS USE SLY
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Correspondent's e-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 DeGaretion of preparer other than the personal representative Is based on all information of which preparer has any knowledge.
Y/ William J. Reith~.~j a Q
ADDRESS
914 Lancelot Avenue, Mechanicsburg, PA 17055 3 2
SIGNA E OF REPA R O HAN REPRESENTATIVE DATE
~1' Benjamin R. Yoffee
P O Box 216, Camp Hill, PA 17011
Side 1
1505607120 1505607120 J
REV-1500 EX
oreN~: REITH, MARGARET M
Decedent's Social Security Number
100182836
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 8 Notes Receivable (Schedule D) .......................................................... 4.
5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) ................ 5.
6. Jointly Owned Property (Schedule F) ^ Separate Billing Requested ............. 6.
7. Inter-Vivos Transfers 8 Miscellaneous Non-Probate Property
(Schedule G) ^ Separate Billing Requested ............. 7,
8. Total Gross Assets (total Lines 1-7) ....................................................................... 8.
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.
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.
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 .00 15.
16. Amount of Line 14 taxable
13
4 8 5
9 4
,
.
at lineal rate X .045 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.
1505607220
4,177.58
19,401.75
23,579.33
10,093.39
10,093.39
13,485.94
13,485.94
606.87
606.87
Side 2
1505607220 1505607220 J
REV-1500 EX Page 3
Decedent's Complete Address:
File Number 21 - 09 - 01136
D D N NAM
Reith, Margaret M
STREET ADDRESS
CITY STATE ZIP
Tax Payments and Credits:
1. Tax Due (Page 1 Line 19)
2. Credits/Payments
A. Spousal Poverty Credit
B. Prior Payments
C. Discount
3. Interest/PenaRy if applicable
p, Interest
E. PenaNy
550.00
28.95
Total Credits (A + g + C)
(1) 606.87
(2) 578.95
Total Interest/Penalty (D + E)
4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT.
Check box 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 + SA. This is the BALANCE DUE.
(3) 0.00
(4)
(5) 27.92
(5A)
(5B> 27.92
Make Check Payable to: REGISTER OF WILLS, AGEMT
PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS
1. Did decedent make a transfer and: Yea 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 :.................................... ^ xx
c. retain a reversionary interest; or .................................................................................................................. ^ LxJ
d. receive the promise for Iffe 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? ....................................................................................................................... ^ ^x
3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death?......... ^x ^
4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which
contains a beneficiary designation? ...................................................................................................................... ^ ^x
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)J. 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) p2 P.S. §9116 (a) (1)J.
The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is twelve (12) percent [72 P.S. §9116 (a) (1.3)J. A
sibling is defined under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption.
SCHEDULE E
CASH, BANK DEPOSITS, & MISC.
DoMMONwEn~TNOFPENNSVLVMiw PERSONAL PROPERTY
INNERRANCE TA% RETURN
RE8IDFM DECEDENT
ESTATE OF Reith, Margaret M FILE NUMBER
21 -09-01136
Include the proceeds of litigation and the date the proceeds were received by the estate. All property jointly-owned with the right of
survivorship must be disclosed on schedule F.
ITEM DESCRIPTION VALUE AT DATE OF
NUMBER DEATH
1 Certificate of Deposit 3,677.58
PNC Bank Acct # 31500196977
2 I Tangible Personal Property ~ 500.00
TOTAL (Also enter on Line 5, Recapitulation) ~ 4,177.58
SCHEDULE F
COM"p RTA CE AXERETURNANIA JOINTLY-OWNED PROPERTY
RESIDENT DECEDENT
ESTATE OF Reith, Margaret M
FILE NUMBER
21 -09-01136
ff an asset was made joint within one year of the decedent's date of death, it must be reported on schedule G.
SURVIVING JOINT TENANT(S) NAME ADDRESS RELATIONSHIP TO DECEDENT
William J. Reith 914 Lancelot Avenue Son
A Mechanicsburg PA 17055
JOINTLY OWNED PROPERTY:
ITEM
NUMBER LETTER
FOR JOINT
TENANT DATE
MADE
JOINT C~F~SCRIPTIO~ ~F PRO~ERTY
Include name ~ n9anaal ins I u Ion an bankiaDCO~ nt number
or similar identi in number. Attach deed for'ointl -held real
estate.
DATE OF DEATH
VALUE OF ASSET % OF
DECD'S
INTEREST DATE OF DEATH
vawE of
DECEDENTS INTEREST
1 A PNC Bank 5,993.93 50% 2,996.97
Checking Acct # 51-4046-2445
2 A 32,809.56 50% 16,404.78
PNC Bank
Savings Acct # 50-0068-1769
TOTAL (Also enter on Ilne 6, Recapitulation) l 19,401.75
SChEDU.E HH.C~.
COMMONWEALTH of aENNSV~vANw ~~~"'
INHERITANCE TAX RETURN AE'1w~\~QT~AT1-/C /'~f'1CT~
RESIDENT DECEDENT /'~L/1~~~~7 ~ f~F1 ~ ~YG W~7 ~ ~7
ESTATE OF Reith, Margaret M FILE NUMBER
21 -09-01136
Debts of decedent must be reported on Schedule I.
ITEM
NUMBER FUNERAL EXPENSES: DESCRIPTION AMOUNT
A. 1 Funeral Expenses 6,869.97
Malpezzi Funeral Home
B. ADMINISTRATIVE COSTS:
1. Personal Representative's Commissions
Social Security Number(s) / EIN Number of Personal Representative(s):
Street Address
City State Zip
Year(s) Commission paid
2. Attorney's Fees Benjamin R. Yoffee, Esq.
3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation)
Claimant
Street Address
City State Zip
Relationship of Claimant to Decedent
4. Probate Fees Short Certificates
5. Accountant's Fees
6. Tax Return Preparer's Fees Estimated 2009
7. Other Administrative Costs
1 Estate Advertising
Sentinel and Cumberland Law Journal
2,514.00
157.50
300.00
251.92
TOTAL (Also enter on line 9, Recapitulation) 10,093.39
~ _~
REV-rata ex. (9.001
~. SCHEDULE J
COMMNHERW TANCEOTAX RETURN ANIA BENEFICIARIES
RESIDENT DECEDENT
ESTATE OF Reith, Margaret M I FILE NUMBER
~~ _no_n~~~a
NUMBER
NAME AND ADDRESS OF PERSON(S)
RECEIVING PROPERTY RELATIONSHIP TO
DECEDENT
Do NM LJst TrustN(s) SHARE OF ESTATE
(Words) AMOUNT OF ESTATE
($$$)
I~ TAXABLE DISTRIBUTIONS [inGude outright spousal
distributions, and transfers
under Sec. 9116 (a) (1.2))
1 Kathleen Salvatierra Cousin fur jacket
28 Prairie Lane
Levittown, NY 11756
2 William J. Reith Son Fifty Percent of
914 Lancelot Ave Residuary
Mechanicsburg, PA 17055
-,-
3 Joan Reith Daughter-in-Law Fifty Percent of
914 Lancelot Ave Residuary
Mechanicsburg, PA 17055
Enter dollar amounts for distributions shown above on lines 1 5 through 18, as appropriate, on Rev 1500 cover sheet
II. NON-TAXABLE DISTRIBUTIONS:
A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS
NOT BEING MADE
~-
B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS
~-
TOTAL OF PART 11-ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET 0.00
REV-161 EXt (9-00)
SCHEDULE)
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN BENEFICIARIES continued
RESIDENT DECEDENT
EST~E OF Reith, Margaret M FILE NUMBER
21 -09-01136
NUMBER
NAME AND ADDRESS OF PERSON(S) RELATIONSHIP TO
DECEDENT SHARE OF ESTATE
(Words) AMOUNT OF ESTATE
($$$)
RECEIVING PROPERTY oo Na use Trusts)
I~ TAXABLE DISTRIBUTIONS [include outright s ousel
distributions, and transfers
under Sec. 9116 (a) (1.2))
4 Donna Joyce Niece fur coat
19 Hillview Avenue
Yonkers, NY 10704
-,.
-+-
'" Page 2 of Schedule J
LAST WILL AND TESTAMENT
OF
MARGARET M. KEITH
I, MARGARET M. REITH, now of Mechanicsburg, Cumberland
County, Pennsylvania, declare this to be my Last Will and Testament
and hereby revoke all prior Wills and Codicils made by me.
ITEM I. I direct that all of my just debts and funeral
expenses, including the cost of my gravemarker, if any, shall
be paid from my residuary estate as soon as practical after my
decease as a part of the administrative expenses of my estate.
ITEM II. I give and devise all of my estate of every
nature and wherever situate unto my husband, WILLIAM H. KEITH.
ITEM III. Should my husband, WILLIAM H. KEITH, predecease
me or die on or before the thirtieth (30th) day following my death,
I give and devise my estate as follows:
A. My engagement ring to my daughter-in-law, JOAN KEITH;
B. My ruby ring to my niece, KATHERINE NAULT;
C. My long fur coat to my niece, DONNA JOYCE; and
D. My fur jacket to my cousin, KATHLEEN SALVATIERRA.
E. All the rest, residue and remainder of my estate
of every nature and wherever situate to my son and his wife, WILLIAM
J. KEITH and JOAN KEITH, or the survivor of them.
ZTEM IV. I appoint my husband, WILLIAM H. KEITH, Executor
of this my Last Will and Testament. Should he fail to qualify
or cease to act in such capacity, I then appoint my son, WILLIAM J.
KEITH, as Contingent Executor. Should my son also fail to qualify
or cease to act in such capacity, I then appoint my daughter-in-law,
JOAN KEITH, as Second Contingent Executrix. No bond shall be
required of my personal representative in any jurisdiction.
ITEM V. In addition to the powers given to my Personal
Representative(s) by operation of law, the following powers are
herein given to him to be exercised by him at his sole discretion.
Marg et M. Keith /
(Words used in the singular may be read to include the plural
or the plural may be read as the singular. Similarly, the masculine
form may be read to include the feminine and neuter; the feminine
may be read to include the masculine and neuter; and the neuter
may be read to include the masculine and feminine.)
A. To retain any property received and to invest any
funds held by him during the term of my Personal Representative's
service in any stocks, bonds, notes or other securities or property,
real or personal, within the limitations of the law.
B. To continue the operation of any business in which
I am engaged or in which I have an interest at the time of my
death for the term of his service as he deems advisable, with
the power to borrow money and to pledge the assets of the business
and to do all other acts which I, in my lifetime, could have
done, or to delegate such powers to a partner, manager or employee
without liability for any loss occurring therein.
C. To hold investments in the name of a nominee, exercise
and dispose of warrants.
D. To sell or otherwise dispose of any property, real
or personal, at any time forming a part of my estate, during
the term of his service, for cash, property or credit, in such
manner and on such terms as my Personal Representative deems
advisable within the limitations of the law.
E. To manage, operate, repair, improve, mortgage or
lease for any term any real estate at any time held or owned
by my Personal Representative.
F. In general, to exercise all powers in the management
and settlement of my estate which any individual could exercise
in the management of similar property owned in his own right
upon such terms and conditions as my Personal Representative
deems best, and to execute and deliver all instruments and to
do all acts which he may deem necessary or proper to carry out
the functions of a Personal Representative.
Marq ret M. Reith
- 2 -
ACKNOWLEDGMENT
COIMIONWEALTH OF PENNSYLVANIA
SS:
COUNTY OF DAUPHIN
I, MARGARET M. REITH , testat rix whose
name is signed to the attached or foregoing instrument, having been
duly qualified accordi~ig to law, do hereby acknowledge that I
signed and executed the instrument as my last will, that I signed
it willingly, and that 2 signed it as my free and voluntary act
for the purposes therein expressed.
~,argaret eit
Sworn or affirmed to and acknowledged before me, by
_ Margaret M. Reith , testatrix , this ;' -: 1'' day of
__ April 19 89.
Notary ublic
Piy Commission Expires:
AFFIDAVIT
COI~lI40NWEALTH OF PENNSYLVANIA
SS:
COUNTY OF DAUPHIN
We, 1'S iC~7C;°rj ~.. ~l4 rt ~/ C~~C~ /. ~r1 cl~~' ~. L-ZtSr~+'~
the witnesses whose names are
signed to the attached or foregoing instrument, being duly
qualified according to law, do depose and say that we were present
and saw testatrix sign and execute the instrument as her last
Will; that she signed willingly and that she executed it as her free
and voluntary act for the purposes therein expressed; that each of
us in the hearing and sight of the testat rix signed the [4111 as
witnesses; and that to the best of our knowledge the testat rix was
at that time 18 or more years of age, of ound a d under no
constraint or undue influence.
~ / //
Sworn to and subscribed before me this /~~f~~ day of
April 19 89 ,
Notary~ubii'-c ~
My Commission Expires:
G. To engage in litigation and compromise, arbitrate
or abandon claims and property.
H. No interest of any beneficiary of my estate shall
be subject to anticipation or to pledge, assignment, sale or
transfer in any manner, nor shall any beneficiary have power
in any manner to charge or encumber his or her interest, nor
shall the interest of any beneficiary be liable or subject in
any manner while in the possession of the Personal Representative
hereunder for the liability of such beneficiary, whether such
liability arises from his or her debts, contracts, torts or other
agreements of any type.
IN WITNESS WHEREOF, I have ereunto set my hand and
seal this ~ day of ~ 1989.
Margret M. Keith
The preceding instrument, consisting of this and two other typewritten
pages, identified by the signature of the testatrix, was on the
day and date thereof signed, published and declared by Margaret t1.
Keith, the testatrix therein named, as and for her last Will,
in th prese\ a us, who, at her request, in her presence and
in the pres n e each other, subscribed our names as witnesses
beret `
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- 3 -
JRN-20-2010 10:19 From: 7177969419
•tu.LV L11V IV VL^~~~ ~'' U~11/1~ ylL-IVJ-Il'1~
~p~ve
l.~ntNV rNt: w~-Y
January r, in t o
Jackson Law Tian
E'aiQi Hetuy
+1076 Mt~rkct St~Suite 2Afi
Cm~np I•lill, PA 17011
RE: Vame: Margaret M Rcitl,
SSN: 100-18-2836
DQl): 10 19-2009
Dtsar M~. I lcnry
To:71X7613554 P.2~3
~~ 7c41 r. ~
In response to yotu trgtleor. far Rate of Death (DOD) balances Y~r the M,stomer noted above. utu
records show the following:
CCrtifirate Of DrpUSll
Account # 31500196977 ~ Established: 08-09-2000
MARGARET M ,RFC't'H
DOP baltu+ce: ~3,F77.SR + 4.95 accrued iaterrst
Tmec~tpaid 01-O1-2009 thru 10-19-2009 537.86 YTD
CheckBag Account
Account# 5]40462445 Established: U8-04-t987
MARGARET M.ItEITH
WIJ,I,IAVI J 1tEIT>:I
DOD balance: 55,993.93 -F 0.17 ac:cruod interest
Interest paid O 1-Ol -2009 thru 10.19-2009 52.28 YTD
Savings Accotmt
Account # SOl)OI~RI.7b9 Established: 04011996
MARGARET M REITH
W1LL1AN1 J ttJ::rrN
DOD balance: x32,809,56 + 10,36 eccrucd intsrest
Interest paid Ut-Ul-2UU9 thru 1U-19.2009
Page ] of Z
Jwv-c'I~-010 10:19 From: 7177969419 To:717~613554 P.3'3
~CII,LV• LYIY ~V•e[nui ... .:urir ~iL Ivi tIT~ r~• ~L"ll I• J
Pleaso nvt9 tlwt t1~is otFce provides daft of death batanecs for dcpoait aeec-unt.4 (TRAc, CDa, Cheakirtg and
SaviD~s). W~ do aui. pru~arir >,oy fiasioaiarl tr>owaetions or provlds atatamanm. if you need usistanee wltli ~
any of tbesc itoms, plcasc cull 1-888-PNC-BLINK (1-E88-762-2265) or clop by your local PNC ~3nt1k bTCnob
office. I
Cineerely.
National Tinan4ixl Scrvicc~ Cciitcr
PNC Bank, N.A.
Membec FLT
E
Pxbc2of2
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