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HomeMy WebLinkAbout06-07-10J REV-1500 EX (06-05) 15056041158 PA Department of Revenue OFFICIAL USE ONLY Bureau of Individual Taxes County Code Year File Number PO BOX 280601 INHERITANCE TAX RETURN 21, 0 9 0 2 6 3 Harrisburg, PA 17128-0601 RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death Date of Birth 196-D9-2600 03072009 0201,1,915 Decedent's Last Name REESE Suffix Decedent's First Name LOUISE (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name Spouse's Social Security Number _ _ THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE BOXES BELOW MI K MI 1. Original Return ^ 2. Supplemental Return ^ 3. Remainder Return (date of death ^ 4. Limited Estate ^ 4a. Future Interest Compromise (date of death after 12-12-82) prior to 12-13-82) ^ 5. Federal Estate Tax Return Required ^X 6. Decedent Died Testate (Attach Copy of Will) ^ 7. Decedent Maintained a Living Trust (Attach Copy of Trust) ~._. 8. Total Number of Safe Deposit Boxes ^ 9. Litigation Proceeds Received ^ 10. Spousal Poverty Credit (date of death between 12-31-91 and 1-1-95) ^ 11. Election to tax under Sec. 9113 A ( ) A ( ttach Sch. O) CORRESPONDENT - THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number RICHARD C• SNELBAKER 71,7-697-8528 Firm Name (If Applicable) SNELBAKER ~ BRENNEMAN, P•C• First line of address 44 WEST MAIN STREET Second line of address City or Post Office MECHANICSBURG State ZIP Code PA 17055 Correspondent's a-mail address REGISTER OF WILLS USE ONLY r•~ ...._ - ClE3 C '~~ ' .:i ~ ~ ~; ~ ~ r ~ ~ °y~ Ir~ I ~ f J ~ ~ $ -~ ~ x ;,~~ ED =w,~ ~ 1 ~. I/~ ~Yl~ ~~ ~- _ --r~ C.'3 Under pen erjury, I declare ave examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, rrect and omplete. Decl ration of parer other than the personal representative is based on all information of which preparer has any knowledge. SIGNA RE P ~ SIBLE FO FILING RETURN DATE annRFCC ~-~ .~/~ ~ 2 0/0 ROBERT E• REESE, EXECUTOR WILLIAM J• REESE, EXECUTOR SIG OF P OTHER HAN REPRESENTATIVE DATE j ADD S RICHARD C• SNELBAKER, ESQUIRE 44 WEST MAIN STREET, MECHANICSBURG PLEASE USE ORIGINAL FORM ONLY PA 17055 Side 1 15056041158 15056041158 6M4647 3.000 J 15056042159 REV-1500 EX Decedent's Social Security Number REESE 196-09-2600 Decedents Name: L O U T C F K RECAPITULATION 1. Real estate (Schedule A) 1, 340000.00 2. Stocks and Bonds (Schedule B) . 2. 0 • 0 0 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C) . 3 , 0 • 0 0 4. Mortgages ~ Notes Receivable (Schedule D). 4. 0 • 0 0 5. Cash, Bank Deposits 8~ Miscellaneous Personal Property (Schedule E) . 5. 361997.20 6. Jointly Owned Property (Schedule F) ~ Separate Billing Requested 6. 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property 10 91.81 (Schedule G) ~ Separate Billing Requested 7. 300305.64 8. Total Gross Assets (total Lines 1-7). 8. ], 0 0 3 3 9 4 •6 5 9. Funeral Expenses & Administrative Costs (Schedule H) . 9. 4 4 5 0 7.14 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) . 10. 2 2 0 9.5 8 11. Total Deductions (total Lines 9 & 10) . 11. 4 6 716.7 2 12. Net Value of Estate (Line 8 minus Line 11) 12 13. . Charitable and Governmental Bequests/Sec 9113 Trusts for which 9 5 6 6 7 7.9 3 an election to tax has not been made (Schedule J) . 13 . 0 • 0 0 14. Net Value Subject to Tax (Line 12 minus Line 13) 14 . 9 5 6 6 7 7.9 3 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 .off 0. 0 0 15. 0.0 0 16. Amount of Line 14 taxable at lineal ratex.o~l5 956677.93 16. 43050.51 17. Amount of Line 14 taxable at sibling rate X .12 0. 0 0 17. 0. 0 0 18. Amount of Line 14 taxable at collateral rate X .15 0. 0 0 18• 0. 0 0 19. TAX DUE 19. 43050.51, 20. FILL IN THE BOX IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT Side 2 15056042159 15056042159 6M4648 2.000 Tax Payments and Credits: 1. Tax Due (Page 2 Line 19) 2. Credits/Payments A. Spousal Poverty Credit 0 • 0 0 B. Prior Payments 4 0 0 0 0 0 0 C. Discount 2 0 0 0. 0 0 3. Interest/Penalty if applicable D. Interest 0 • 0 0 E. Penalty 0 • 0 0 (1> 43050.51, Total Credits (A+g+C) (2) 42000 • DO Total Interest/Penalty (D + E) (3) 0 • 0 0 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Fill in box on Page 2, Line 20 to request a refund. (4) 0 0 0 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAx DUE. (5) 1050 • 51, A. Enter the interest on the tax due. (5A) 0.00 B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (5B) 1, 0 5 0 • 5 L Make Check Payable to: REGISTER OF WILLS, AGENT 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 ^ 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? . ^ 3. Did decedent own an "in trust for" or payable upon death bank account or securit at hi h 0 ^ y s or er 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 A80VE 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 exem„~t 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 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)]. 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. 6M4671 1.000 REV-1500 EX Page 3 File Number REV-1502 EX + (11-08) Pennsylvania DEPARTMENT OF REVENUE INHERITANCE TAX RETURN RESIDENT DECEDENT C' G~ T A T!~ ~ ~ SCHEDULE A REAL ESTATE aw~r~~G Vr FILE NUMBER Louise K. Reese 21 0 9 02 63 All real property owned solely or as a tenant in common must be reported at fair market value. Fair market value is defined as the price at which property would be exchanged between a willing buyer and a willing seller, neither being compelled to buy or sell, both having reasonable knowledge of the relevant facts. Real property that is jointly-owned with right of survivorship must be disclosed on Schedule F. Attach a copy of the settlement sheet if the property has been sold. ITEM Include a copy of the deed showing decedent's interest if owened as tenant in common. .NUMBER DESCRIPTION 1. Property known and numbered as 18 Eastgate Drive, Hampden Township, Cumberland County, Camp Hill, PA, appraised value (see attached appraisal) SW4695 2.000 TOTAL (Also enter on Line 1, Recapitulation.) If more space is needed, insert additional sheets of the same size. VALUE AT DATE OF DEATH 340,000.00 ~ 340,000.00 i L.G. Connor Real Estate Appraisers Form GA2 - "WinTOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE SUMMARY QF SALIENT FEATURES Subject Address 18 Eastgate Drive Legal Description Deed Book 20N , Page 411 City Camp Hill County Cumberland State PA Zip Code 17011 Census Tract 25420-0113.05 Map Reference ADC 3117 1 G Sale Price $ NA Date of Sale NA Owner Estate of Louise K. Reese Client Richard C. Snelbaker, Esquire Size (Square Feet) 2,376 Price per Square Foot $ Location Average Age 48 years Condition Average Total Rooms 9 Bedrooms 4 Baths 2.5 Appraiser Karen Darney, PA Certified General Real Estate Appraiser Date of Appraised Value March 7, 2009**~' Retrospective Market Value Fina! Estimate of Value $ 340,000 Form SSD - "WinTOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE 11 April 1, 2009 Snelbaker & Brenneman, P.C. Attn: Richard C. Snelbaker, Esquire 44 W. Main Street P.4. Box 318 Mechanicsburg, PA 17055 RE: 18 Eastgate Drive, Camp Hill, PA 17011 Estate of Louise K. Reese Dear Dick: Pursuant to your request, I have prepared a retrospective Summary Report for the property captioned in the "Summary of Salient Features" which follows. The accompanying report is based on a site inspection of improvements, investigation of the subject neighborhood area of influence, and review of sales, cost and income data for similar properties. This appraisal has been made with particular attention paid to the applicable value influencing economic conditions and has been processed in accordance with nationally recognized appraisal guidelines. The value conclusions stated herein are as of the date as stated in the body of the appraisal and contingent upon the certifications and limiting conditions attached. Please do not hesitate to contact me if I can be of additional service to you. .f~.~` F.,.. r a .,, ...~ Respectfully, Karen Darney Pennsylvania State Certified Genera eal Estate Appraiser GA001260L Form DCVR - "WinTOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE Reese Estate ProoertuDescriotion UNIFORM RESIDENTIAL .APPRAISAL REPQRT File No 09-112 KD rro a Address ~ a Last ate unve Cit Camp Hill State PA Zi Code 17011 _ Le al Descri tion Deed Book 20N Pa a 411 Coun Cumberland Assessor's Parcel No. 10-19-1598-088 Tax Year 08-09 R.E. Taxes 2 392.42 S ial Assessments None Borrower NA Current Owner Louise K. Reese Estate Occu t: Owner Tenant Vacant Pro a ri hts raised Fee Sim le Leasehold Protect T e PUD Condominium HllD A onl HOA NA Mo. Nei hborhood or Protect Name Point Rid a Farms in Ham den Townshi Ma Reference ADC 3117 1 G Census Tract 25420-0113.05 Sale Price NA Date of Sale NA Descri 'on and amount of loan char a concessions to be old b seer NA Lender Client Richard C. Snelbaker, Es uire Address 44 W. Main Street PO Box 318 Mechanicsbur PA 17055 raiser Karen Darne Cert Gen'I R E A raiser Address 3 Lemo a Drive Suite 100 Lemo ne PA 17043 Location . ^ Urban ~ Suburban ^ Rural Predominant Rii gle family hoAGE9 Presets land use % land use change _ Built up ^ Over 75% ~ 25-75% [] Under 25% occupancy P $(000 } (y~) One famil 85 y ®Not likely ^ Likely Growth rate ^ Rapid I~ Stable ^ Slvw ~ Owner 275 Low 15 2-4 family 3 ^ In process Property values ^ Increasing ~ Stable ^ Declining ^ Tenant 500+ Hi h 60+ Multi-family 2 To: Demand/supply ^ Shortage f~ In balance ^ Over supply ®Vacant (0-5%) Predominant ~ . Commercial 10 Marketingtime ~l Under 3 mos~3-6 mos. Over 6 mos. Vac. over 5% 275-300 30-35 Note: Race and the racial composition of the neighborhood are not appraisal factors. Neighbofiood boundaries and characteristics: The nei hborhood boundaries are indicated on the enclosed nei hborhood ma in the addenda of . this re ort. Immediate neighborhood is residential in nature. _ Factors that affect the marketability of the properties in the neighborhood (proximity to employment and amenities, employment stability, appeal to market, etc.): Schools, shopping, employment, recreation and houses of worship are all within a 15-30 minute drivin time of the sub'ect roe .Avers e roe maintenance ro rams were observed. Em to ment stabili is ood due to the State Ca ital in Harrisbur the Arm Su De t in New Cumberland and- the Naval Supply Depot in Mechanicsburg. Steady price increases and MLS statistics show a ood demand for the area. This is a homogenous neighborhood. Appeal is convenient location to major roadwa s. Develo ment is somewhat isolated due to creek and is a ealin due to privacy. Market conditions in the subject neighborhood (including support for the above conclusions related to the trend of property values, demand/supply, and marketing time -- such as data on competitive properties for sale in the neighborhood, description of the prevalence of sales and financing concessions, etc.): Coun tax records- and MLS statistics show prices to be stable. The MLS shows that the ical marketin time for the area is 3-6 months. Mort a e funds are reader available with conventional loans bein 5.125% to 6.0% interest fixed 30 ear 95% mort a e with u to three oints. Sellers are not re uired to offer sales or financin concessions but seller assistance is occurrin .The econom continues to be in a staet of flux. The local market has been stable with little to no a reciation. Homes in this rice ran a are takin Ion er to sell. It is a bu ers' market and bu ers are lookin for homes in excellent condition and askin far concessions. Lenders have. strop er uali in uidelines.. Protect Information for PUI)s (If applicable) - - Is the developer/builder in control of the Home Owners' Association (HOA}? Yes ^ No Approximate total number of units in the subject project Approximate total number of units for. sale in the subject project Describe common elements and recreational facilities: Dimensions 110' x 160' per deed _ ~ Topography Incline to rear Site area 17,600 sg. ft or 0.40 acre Comer Lot [=1 Yes ~ No Size Average for area Specific zoning classification and description R-S Residential Suburban Shape Rectan ular _ Zoning compliance ~ Legal [_~ Legal nonconforming (Grandfathered use} ^ Illegal ^ No zoning Drainage A ors Ade uate Hi hest & best use as im roved: ~ Present use ~ Other use ex lain View Avers a Street Utilities Public Other Off-site Improvements Type Public Private Landscaping Avers a for area Electricity ®__ _ Street Macadam 1~1 ^ Driveway Surface Macadam Gas ^ ____ Curb/gutter _ ^ ^ Apparent easements Standard utili easements Water I~ __. Sidewalk I -1 ^ FEMA Special Flood Hazard Area ^ Yes ®No Sanitary sewer ~ Street lights Adequate ~I ^ FEMA Zone C Map Date 3-16-09 Storm sewer _ _ Alle None FEMA M No. 42041 C0277E Comments (apparent adverse easements, encroachments, specia( assessments, slide areas, illegal or legal nonconforming zoning use, etc.): Standard easements for electric tele hone etc. There were no known or a arent adverse easements, encroachments or conditions that would ne ative im act on the value of the sub'ect roe GENERAL DESCRIPTION EXTERIOR DESCRIPTION FOUNDATION BASEMENT INSULATION No. of Units 1 ___ Foundation Concrete Block Slab Partial Area Sq. Ft 912 Roof ^ No. of Stories 2 Exterior Walls Alum & Stone Crawl Space NA % Finished 400 Ceiling ^ Type (Del./Att.) Detached Roof Surface As h.Shin le Basement Partial Ceiling Sus. Tile Walls ^ Design (Style) Z Story Gutters & Dwnspts. Alum/Alum Sump Pump Floor Drain Walls Panel Floor ^ Existing/Proposed Existing Window Type Wd DH Dampness None noted Floor As halt.Tile None ^ Age (Yrs.) 48 __ Storm/Screens Thermo/Yes Settlement Due To A e Outside Entry No Unknown Effective A e rs. 30 Manufactured House No Infestation None noted ROOMS Fo er Livin _Dinin Kitchen Den Famil Rm. Rec. Rm. Bedrooms # Baths Laund Oth er Area S . Ft Basement 1 x 912 Level 1 x 1_ 1 1 1 .5 Fla. Rm. 1 388 Level2 4 2 988 Finished area above rode contains: 9 Rooms 4 Bedroom s ~ 2.5 Bath s ~ 2 376 S ware Feet of Gross Livin Area INTERIOR Materials/Gondition HEATING KITCHEN EQUIP. ATTIC AMENITIES CAR STORAGE: Floors Wd,Marble,Cer/Avg Type Ht.Wtr. Refrigerator ^ None ® Fireplace(s) # 1 ® None ~ ^ Walls DrywalUAvg Fuel Oil Range/Oven ® Stairs ^ Patio Rear ® Garage # of cars Trim/Finish Wood/Painted/Av Condition Averse Disposal ® Drop Stair ^ Deck ^ Attached 2 Bath Floor Ceramic/Avg COOLING Yes Dishwasher ^ Scuttle ^ Porch Front ® Detached Bath Wainscot Ceramic/Avg _ Central Yes Fan/Hood ® Floor ^ Fence ^ Built-In Doors Wd, Flush/Av Other No Microwave ® Heated ^ Pool ^ Carport Condition Av . Washer D er Finished ~ Drivewa 2-4 Additional features (special energy efficient items, etc.): Marble the floor in fo er• ceramic the floor in kitchen' wood floor throu hout remainder of first level; chair rail in kitchen• eat-in kitchen with am to wood cabinets with ceramic the counter to s• heated rear enclosed orch See Condition of the improvements, depreciation (physical, functional, and external), repairs needed, quality of construction, remodeling/additions, etc.: The home has been maintained and is in average condition. There were no apparent functional inade uacies. The construction uali is ical for the area. The estimated effective a e is below the actual a e due to maintenance condition and com orison to com tin nei hborhoods. Ph sisal de reciation is attributed to a e and deferred maintenance. Unless otherwise stated, no items See Addendum Adverse environmental conditions (such as, but not limited to, hazardous wastes, toxic substances, etc.) present in the improvements, on the site, or in the Immediate vicinity of the subject property.: The grope r is of an a e where lead based aint ma be resent. The market does not enalize the roe but the client should be advised of its ossible existence. It is assumed that it is not resent. If the client See Addendum Fred die Mac Form 70 6/93 ~nr_~ i nr o r-....e- u__ r_.~ anni nine ~ ~'"~ ~ ~~ ~- ~CIIIIIC IYIQC rUllll IW9 VJyJ Form UA2 - "WinTOTAI" appraisal software by a la mode, inc. -1-800-ALAMODE UNIFORM RESIDENTIAL APPRAISAL REPORT MARKET DATA ANALYSIS These recent sales of properties are most similar market reaction to those items of significant varia favorable than, the subject property, a minus (-) favorable than, the subject property, a plus (+) a and proximate to subject and have been considered in the market analysis. The description includes a dollar adjustment, reflecting tion between the sub ect and comparable properties. If a significant item in the comparable property is superior to, or more adjustment is made, t~us reducing the indicated value of the sub ect. ff a sign cant item in the comparable is infenor to, or less djustmend is made, thus increasing the indicated value of the subject. ITEM _ SUBJECT COMPARABLE N0. GOMPARABLE N0. COMPARABLE N0. 6 18 Eastgate Drive Address Cam Hill PA 17011 454 Arlington Road Cam Hill PA 17011 6332 Stephens Crossing Mechanicsbur PA 17050 Proximi to Sub'ect 1.42 miles E --- 1.88 miles W Sales Price $ NA 355 000 _ 312000 _ `` Pric Gross Livin Area ~_ ~ 140.21 d~ 126.62 ~ ~ Data and/or Verification Sources Executor Inspection MLS, Agent, Ext. Inspection 8 Courthouse Records MLS, Agent, Ext. Inspection 8~ Courthouse Records VALUE ADJUSTMENTS DESCRIPTION DESGRIPTION ~ + - $ Adjust. DESCRIPTION ~ +(-)$ Adjust. DESCRIPTION + - $ Adjust. Sales or Financing Concessions Conventional Re airs ~ -1,360 Conventional None Date of Sal ime _ 5-1-08 13DOM 5-16-08 189DOM ; Location Average___ Avera a Avera e Leasehol Fee Sim le Fee Sim le Fee Sim le Fee Sim le Site 0.40 acre 0.23 acre ~ +3 000 0.27 acre ~ +3 000 ; View _ Average Street Avera a Street ~ Avera a Street ; Desi n and A eal 2 Story /Avg. 2 Sto / Av 2 Sto / Av ~ ; Quali of Construction__ _Avera~ge - Avera a Avera e ~ ; A e 48 ears 49 ears 34 ears -3 000 Condition Avera a Su erior ~ -15 000 Su erior ~ -5 000 ; Abave Grade Total ~ Bdrms ~ Baths Total ~ Bdrms ~ Baths ~ Total ~ Bdrms ~ Baths ~ Total ~ Bdrms ~ Baths Room Count _ 9 4 2.5 9 ~ 4 ~ 2.5 8 ~ 4 ~ 2.5 ~ ~ ~ ; Gross Livin Area 2 376 Sq. Ft. 2,532 S . Ft. ' -7 800 2,464 S . Ft. ~ 0 -1-- ---1 S . Ft. Basement & finished Rooms Below Grade Partial Bsmt. Rec Rm_ Full basement Rec BR Rm ~ -1 000 Full basement Rec Rm Functional Utilit Average Avera a Avera e ~ ; Heatin Coolin HtWtr/Cent. Air HtWtr/Cent. Air FWA/Cent. Air ; Ener Efficient Items _ Avera a Average_ Avera e ~ ; Gara Car ort Garage x2._ Gara a x2 Gara a x2 Porch, Patio, Deck, Fire laces etc. Porch, Patios Fire Lace x_1 Porch +1,000 Fire lace x1 Porch, Scrn.Por Fire lace x1 ; Fence Pool etc. None __ Indoor rill ~ None ~ ; _ , Net Ad'. total ~ ± - ~ -21,160 _ ~] ± _ _ -5 000 _ + Adjusted Sales Price of Com arable Net 60 °,~' Gross 8Z °,~ 333 840 Net 1.6 % GraSS 3:5 96 307 000 Net Gross °6 Date, Price and Data Source for prior sales within ear of a raisal NA NA Crthse Records $280000 7-30-08 Courthouse Records None NA Courthouse Records Comments: See Addendum for comment s AA7rl tct n~t~ Anahreie R A~ .aN I\I IlA1~JIJ V-JV Form UA2.(AC) --- "WinTOTAL" appraisal software by a la made, inc. -1-800-ALAMODE Supplemental Addendum Fle No os-~ 12 KD Owner Louise K. Reese Estate Pra a _ Address 18 East ate Drive _ _ _ Ci _ Cam Hill _ County Cumberland State PA Z Code 17011 Client Richard C. Snelbaker Es uire • URAR: Additional Features Cont'd; ceramic the floor, vaulted ceiling and fan/light ceiling fixture; rear hallway with built-in storage wall & base cabinets; full basement under two story section. Basement has a partitioned work room, utility room, and recreation room. Rec room has paneled walls, suspended the ceilings, asphalt the floor and a full wall of storage closets. Laundry/utility room has clothes washer/dryer hook-ups, double fiberglass laundry tubs and wood base & wall cabinets with ceramic the counter tops. Finished garage with built-in storage cabinets. Well landscaped. Brick patios. • URAR: Condition of the Improvements Cont'd: were observed that would require immediate repair. There is rotted wood/hole in wood trim (see photograph) that needs replaced and painted. Exterior wood trim and shutters need painted. Interior needs painted. Interior bathrooms vanities are dated. Basement the floor has a the missing, some tiles are stained and floor needs replaced. Lack of dishwasher in homes in this price range is atypical and produces a curable functional obsolescence. A deduction for the installation of a dishwasher was made for functional utility in the Sales Comparison Approach. No economic obsolescence was observed. • URAR: Adverse Environmental Conditions Confd: has a concern, then a qualified expert in this area should be contacted. There are no known or apparent adverse environmental conditions that would negatively impact on the sale of the properly. • URAR: Sales Comparison Approach Cont'd: upper limit of value. Sale #2 located in Camp Hill Borough. Camp Hill School district is more desirable. Home showed well, per agent. Features included a recently remodeled kitchen with new appliances and ceramic the floor, interior freshly painted, all baths remodeled, master bedroom with sitting room, newly finished basement with bedroom, bath and den. Slate patio in rear. Sale #3 also located within Camp Hill Borough in Country Club Hilts. Home has a new kitchen with walk-in pantry, Corian counter tops, remodeled master bedroom with whirlpool tub in master bath, replacement windows, professionally landscaped. Sale #4 of similar age. Home was in "excellent condition" per agent. Features included granite kitchen countertops and island bar, cooktop and double wall ovens; master bath with whirlpool tub, double vanity and custom marble work. Full finished basement with rec room, bedroom, and play room. Workshop in garage. New roof. Sale #5 is located in Hampden Township. Home had a freshly painted interior, refinished hardwood floors, updated HVAC, and screen porch with ceramic floor and skylights. Home given weight for being of similar size. Sales of similar sized homes in similar neighborhoods were limited. Sales were selected based on location and age. Homes in similar dated condition were not found within the recommended time frame. Sale #1 is located within subject's immediate neighborhood but in superior condition. Sale #5 is of most similar size, in the same school district and had the least gross adjustments. All sales considered. Estimated indicated value can also be determined by using the Gross Adjustment of sale price for each comparable (comp) as a measure of relative quality of the comp. A lower adjustment indicates a better comp, and vice versa. The ratio of gross dollar adjustment to sale price for each of the comps is used to calculate the weight each comp should have in a weighted calculation. This weighted calculation is used to also indicate the estimated value of the subject. As with any method this technique is not perfect. However it does do a very good, job of giving more weight to the most similar comps while at the same time minimizing values near the extremes of the indicated value range. The estimated weighted value is: $339,562; or say, $340,000 rounded. Your appraiser utilized the weighted indicated value due to limited sales in neighborhood in same school district. Definition of Market Value: The definition of Market Value is from regulations published by federal regulatory agencies pursuant to Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) of 1989 between July 5, 1990, and August 24, 1990, by the Federal Reserve System (FRS), National Credit Union Administration (NCUA), Federal Deposit Insurance Corporation (FDIC), the Office of Thrift Supervision (OTS), and the Office of Comptroller of the Currency (OCC). This definition is also referenced in regulations jointly published by the OCC, OTS, FRS, and FDIC on June 7, 1994, and in the Interagency Appraisal and Evaluation Guidelines, dated October 27, 1994. Scope of Work: Observation of the exterior and walk through observation of the interior of the property. Measuring the exterior of the dwelling.Walk through observation did not include inspection of the attic or crawl space areas. These areas are assumed in good condition with no adverse conditions present. If you have a concern, contact an appropriate professional for an inspection. No mechanical systems were inspected and no appliances were tested. Review of the REDS courthouse data and Central Penn Multi-List, Inc. records. Reviewing the county tax map online information, county tax map, zoning, and FEMA flood maps. Verifying, if possible, the comparable sales with broker, agent, seller or buyer. Use of Marshall Valuation Service data for completion of the Cost Approach, if approach is warranted. Land sale search data obtained from REDS online data service and Central Penn Multi-List, Inc. Special Limiting Conditions: This appraisal is not a home inspection and the appraiser is not acting as a home inspector when preparing the report. The borrower has the right to have the home inspected by a professional home inspector. When performing the inspection of this property, the appraiser visually observed areas that were readily accessible. The appraiser is not required to disturb or move anything that obstructs access or visibility. The inspection is not technically exhaustive. The inspection does not offer warranties or guarantees of any kind. The appraiser is not a home or an environmental inspector. The appraiser provides an opinion of value. The appraisal does not guarantee that the property is free of defects or environmental problems. The appraiser performs an inspection of visible and accessible areas only. Mold may be present in areas the appraiser cannot see. A professional home inspection or environmental inspection is recommended. Form TADD -- "WinTOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE DEFINITION OF MARKET VALUE: The most probable price which a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assuming the price is not affected by undue stimulus. Implicit in this definition is the consummation of a sale as of a specified date and the passing of title from seller to buyer under conditions whereby: (1) buyer and seller are typically motivated; (2) bath parties are well informed or well advised, and each acting in what he considers his own best interest; (3) a reasonable time is allowed for exposure in the open market; (4) payment is made in terms of cash in U.S. dollars or in terms of financial arrangements comparable thereto; and (5) the price represents the normal consideration for the property sold unaffected by special or creative financing or sales concessions* granted by anyone associated with the sale. * Adjustments to the comparables must be made for special or creative financing or sales concessions. No adjustments are necessary for those costs which are normally paid by sellers as a result of tradition or law in a market area; these costs are readily identifiable since the seller pays these costs in virtually all sales transactions. Special or creative financing adjustments can be made to the comparable property by comparisons to financing terms offered by a third party institutional lender that is not already involved in the property or transaction. Any adjustment should not be calculated on a mechanical dollar for dollar cost of the financing or concession but the dollar amount of any adjustment should approximate the market's reaction to the financing or concessions based on the appraiser's judgement. STATEMENT OF LIMITING CONDITIONS AND APPRAISER'S CERTIFICATION CONTINGENT AND LIMITING CONDITIONS: The appraiser's certification that appears in the appraisal report is subject to the following conditions: 1. The appraiser will not be responsible for matters of a legal nature that affect either the property being appraised or the title to it. The appraiser assumes that the title is good and marketable and, therefore, will not render any opinions about the title. The property is appraised on the basis of it being under responsible ownership. 2. The appraiser has provided a sketch in the appraisal report to show approxmate dimensions of the improvements and the sketch is included only to assist the reader of the report in visualizing the property and understanding the appraiser's determination of its size. 3. The appraiser has examined the available flood maps that are provided by the Federal Emergency Management Agency (or other data sources) and has noted in the appraisal report whether the subject site is located in an identified Special Flood Hazard Area. Because the appraiser is not a surveyor, he or she makes no guarantees, express or implied, regarding this determination. 4. The appraiser will not give testimony or appear in court because he or she made an appraisal of the property in question, unless specific arrangements to do so have been made beforehand. 5. The appraiser has estimated the value of the land in the cost approach at its highest and best use and the improvements at their contributory value. These separate valuations of the land and improvements must not be used in conjunction with any other appraisal and are invalid if they are so used. 6. The appraiser has noted in the appraisal report any adverse conditions (such as, needed repairs, depreciation, the presence of hazardous wastes, toxic substances, etc.) observed during the inspection of the subject property or that he or she became aware of during the normal research involved in performing the appraisal. Unless otherwise stated in the appraisal report, the appraiser has no knowledge of any hidden or unapparent conditions of the property or adverse environmental conditions (including the presence of hazardous wastes, toxic substances, etc.) that would make the property more or less valuable, and has assumed that there are no such conditions and makes no guarantees or warranties, express or implied, regarding the condition of the property. The appraiser will not be responsible for any such conditions that do exist or for any engineering or testing that might be required to discover whether such conditions exist. Because the appraiser is not an expert in the field of environmental hazards, the appraisal report must not be considered as an environmental assessment of the property. 7. The appraiser obtained the information, estimates, and opinions that were expressed in the appraisal report from sources that he or she considers to be reliable and believes them to be true and correct. The appraiser does not assume responsibility for the accuracy of such items that were furnished by other parties. 8. The appraiser will not disclose the contents of the appraisal report except as provided for in the Uniform Standards of Professional Appraisal Practice. 9. The appraiser has based his or her appraisal report and valuation conclusion for an appraisal that Is subject tv satlsfactory completion, repairs, or alterations on the assumption that completion of the improvements will be performed in a workmanlike manner. 10. The appraiser must provide his or her prior written consent before the lender/client specified in the appraisal report can distribute the appraisal report (including conclusions about the property value, the appraiser's identity and professional designations, and references to any professional appraisal organizations or the firm with which the appraiser is associated) to anyone other than the borrower; the mortgagee or its successors and assigns; the mortgage insurer, .consultants; professional appraisal organizations; any state or federally approved financial institution; or any department, agency, or instrumentality of the United States or any state or the District of Columbia; except that the lender/client may distribute the property description section of the report only to data collection or reporting service(s) without having to obtain the appraiser's prior written consent. The appraiser's written consent and approval must also be obtained before the appraisal can be conveyed by anyone to the public through advertising, public relations, news, sales, or other media. Freddie Mac Form 439 6-93 Page 1 of 2 Fannie Mae Form 10048 6-93 L.G. Connor Real Estate Appraisers Form ACR - "WinTOTAL" appraisal software by a la mode, inc. --1-800-ALAMODE Community Map Owner Louise K. Reese Estate Pro a Address 18 EastOate Drive C' _ Cam Hill _ County Cumberland_ State PA Zi Code 17011 Glient Richard C. Snelbaker Es uire ~~ .~~ ~~ S~ ` ~ ., - ~`~ 11~aoeWt• ~~ ~: .. MapPoint' Va Marysville ` -r'".~-~`r ~ _ Dr '~,~• ~ s a~e~V V 2~Y ltd .. ~ . ~-- F:85Q~ - ~ ~,.-, < < o - ---- ~ ~, ,.322 Glenvale a ~ i~. ~ - ~ ~~.. ~ ~`,Q ~-• ~ Overview ~ ~ Lucknovva Cy _ o - t 15 .. ;~ •...• _. ~..~; ! F . day. I! '~'•b5 ;; . X65 '~}"f.~•y 66; ~~ ~~ r ,., -~ liar . • . • • - . -• -~' _ ,,,, , .... ~r~s,'t ~ ~ . ..... ..- . ~,,~'. 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Reese Estate Pro a Address 18 Eastgate Drive Ci Cam Hill County Cumberland State PA Zi Code 17011 Client Richard C. Snelbaker Es uire ro ~~~~~~ InterFlood .~ www.interflood.com • 1-800-252-6633 Prepared for: d6a Lester G. Connor, tv1Al 18 Eastgate Drive Camp Hill, PA 17011 Form MAP.FLOOD - "WinTOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE 1©1899.2009 SouroeProse andlor FloodSource Corporations. All rights r+esenred. Patents 6,631,326 and 6,678,615. Other patents pending. For Info: info~Floodsouroe.com. Building Sketch Owner Louise K. Reese Estate _ Pro ert Address _ 18 East ate Drive Ci Cam Hill Coun Cumberland State PA Zi Code 17011 Client Richard C. Snelbaker, Es uire Second Level 38.0' N ~~ ~ -- BR BR BR ~ BR 0 N 14.0' 38.0' b Florida Patio ~ Room Patio 38.0' 20.0' ~ KIT LR FR Garage d' N -~ L DR ~~~ --- a 0 b 14.0' 20.0' 38.0' Porch o ~i ~____ ________..____ ~ ~. First Level 10.0' NOTE: Interior Sketch Nat To Scale. Sketch by Apex NTM Comments: Code AREA CALCULATIONS SUMMARY Description Net Size Net Totals GLA1 First Floor 1388.0 1388.0 GLA2 Second Floor 988.0 988.0 P/P Porch 40.0 40.0 GAR Garage 440.0 440.0 Net LIVABLE Area (Rounded) 2376 0 CV N LIVING AREA BREAKDOWN Breakdown . Subtotals First Floor 24.0 x 38.0 912.0 14.0 x 34.0 476.0 Second Floor 26.0 x 38.0 988.0 3ltems (Rounded) 2376 Form SKT.BIdSkI - "WinTOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE Subject Photo Page Owner Louise K: Reese Estate Pro a Address 18 Eastctate Drive__ C' Camp Hill County Cumberland_ _ State PA Zip Code 17011 Client Richard C. Snelbaker, Es uire Subject Front 18 Eastgate Drive Sales Price NA Gross Living Area 2,376 Total Rooms 9 Total Bedrooms 4 Total Bathrooms 2.5 Location Average View Average Street Site 0.40 acre Quality Average Age 48 years Subject Rear Subject Street Form PIC3x5.SR - "WinTOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE Subject Photo Page Owner Louise_K. Reese Estate Pro a _ Address 18 Eastgate Drive ^ City ___ Camp Hill County Cumberland State PA Zi Code 17011 Client Richard C. Snelbaker, Es uire Hole in wood trim 18 Eastgate Drive Sales Price NA Gross Living Area 2,376 Total Rooms 9 Total Bedrooms 4 Total Bathrooms 2.5 Location Average View Average Street Site 0.40 acre Quality Average Age 48 years Subject Rear Form PIC3x5.SR - "WinTOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE Comparable Photo Page Owner Louise K. Reese Estate Prope Address 18 Eastgate Drive Ci Cam Hill County Cumberland State PA Zi Code 17011 Client Richard C. Snelbaker, Es uire Comparable 1 140 Winfield Drive Prox. to Subject 0.46 miles NW Sales Price 435,000 Gross Living Area 2,529 Total Rooms 8 Total Bedrooms 4 Total Bathrooms 2.5 Location Average View Avg. Street Site 0.5 acre Quality Average Age 35 years Comparable 2 373 N 28th Street Prox. to Subject 1.56 miles E Sales Price 360,000 Gross Living Area 2,265 Total Rooms 9 Total Bedrooms 4 Total Bathrooms 2.5 Location Average clew Average Street Site 0.25 acre Quality Average Age 51 years Comparable 3 833 Wynnewood Road Prox. to Subject 1.34 miles NE Sales Price 335,000 Gross Living Area 2,694 Total Rooms 8 Total Bedrooms 4 Total Bathrooms 2.5 Location Average View Average Street Site 0.45 acre Quality Average Age 38 years Form PIC3x5.CR - "WinTOTAL" appraisal software by a la mode, inc. -1-S00-ALAMODE Comparable Photo Page Owner Louise K. Reese Estate _ Pro a _ __ Address 18 East~ate Drive _ _ Ci Cam Hill ____ County Cumberland State PA Zi Code 17011 Client Richard C. Snelbaker, Es uire Comparable 4 454 Arlington Road Prox. to Subject 1.42 miles E ..4'. i r~- ~a~'e~t '. ,. r; , _, ~, ,.,., ;- ~ _. ,~ Sales Price 355,000 Gross Living Area 2,532 Total Rooms 9 Total Bedrooms 4 Total Bathrooms 2.5 Location Average View Average Street Site 0.23 acre Quality Average Age 49 years Comparable 5 6332 Stephens Crossing Prox. to Subject 1.88 miles W Sales Price 312,000 Gross Living Area 2,464 Total Rooms 8 Total Bedrooms 4 Total Bathrooms 2.5 Location Average View Average Street Site 0.27 acre Quality Average Age 34 years Comparable 6 Prox. to Subject Sales Price Gross Living Area Total Rooms Total Bedrooms Total Bathrooms Location View Site Quality Age Form PIC3x5.CR - "WinTOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE REV-1508 EX + (6_98) COMMONWEALTH OF PENNSYLVANIA SCHEDULE E INHERITANCE TAX RETURN C'.ASH, BANK DEPOSITS, & MISC. RESIDENT DECEDENT PERSONAL PROPERTY ESTATE OF Louise K. Reese FILE NUMBER Include the proceeds of litigation and the date the proceeds were received by the estate. 21 0 9 02 63 All property jointly-owned with the right of survivorship must be disclosed on Schedule F. ITEM NUMBER VALUE AT DATE DESCRIPTION n~ ncnT~t 1 2006 Chevrolet Impala sale value 13,500.00 2 Cash miscellaneous coins 100.50 3 Commonwealth of Pennsylvania refund due the Decedent on 2008 Individual Income Tax 3.00 Return (Form PA-40) 4 Household goods appraised value (see attached appraisal) 2,900.00 5 Internal Revenue Service refund due the Decedent on 2008 Individual Income Tax 1,447.00 Return (Form 1040) 6 Proceeds from sale of coins 8,300.00 7 Proceeds from sale of collectibles and jewelry by Cordier Antiques & Auctions 24,105.00 8 Sovereign Bank Checking account #1681718308 11,225.88 9 Sovereign Bank Certificate of Deposit #1685212696 100,080.02 10 Wachovia Bank Certificate of Deposit ending in 6351 25,025.65 11 Wachovia Bank Certificate of Deposit ending in 3300 120,123.15 12 Wachovia Bank Checking account ending in 4017 4,397.44 13 Wachovia Bank Checking account ending in 6233 50.789.56 3W46AD 1.000 TOTAL (Also enter on line 5 Recapi~ (If more space is needed, insert additional sheets of the same size) 361,997.20 APPRAISAL ''~ Personal Property of ~, !~ t/~.~ ~- ,~.~ ~ ,~ ~ ~' i ~ 1 ~ ~~ ~ ~ ~ ~i~~ ~ ~ i ~~.-~~~f ~ ~-~ ~ ~~. ~ , Appraised by Chuck E. Bricker AU094-L Date -- ~-- ~ • ITEM voi ~ ~F 'T~^~ VALUE ~G~~ ~ u ~~~~ ~~,v~ ~~ CS .~_~3 ~ ~ l ~~,b~ ~.. ~',,~, ,~ ~~r~' REV-1509 EX+ (~gg~ SCHEDULE F COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN JOINTLY OWNED PROPERTY RESIDENT DECEDENT ESTATE OF Louise K. Reese FILE NUMBER If an asset was made joint within one year of the decedent's date of death, it m ust be reported on Schedule G, 09 02 63 SURVIVING JOINT TENA NT(S) NAME ADDRESS RELATIONS HIP TO DECEDENT A Reese, Robert E 18 Eastgate Drive, Camp Hill, pA 17011 Son JOINTLY-0WNED PROPERTY: ~~ TER DATE DESCRIPTION OF PROPERTY FOR JOINT MADE INCLUDE NAME OF FINANCIALINSTITUTION AND BANK ACCOUNT NUMBER TENANT JOINT NUMBER OR SIMILAR IDENTIFYING NUMBER. ATTACH DEED FOR JOINTLY-HELD REAL ESTATE. 1 A 7/16/1997 Sovereign Bank Checking account #2331044664. Jointly owned with Robert E. Reese DATE OF DEATH I % OF VALUE OF ASSET DECD'S INTEREST 2,183.62 50.0000 DA TE OF DEATH VA LUE OF DECEDENTS INTEREST 1,091.81 ` ' nn i I io 1,091.81 (ff more space is needed, insert additional sheets of the same size) 3W46AE 1.000 REV-1510 EX + (6-98) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE G INTER-VIVOS TRANSFERS & MISC. NON-PROBATE PROPERTY ESTATE OF Louise K. Reese FILE NUMBER 21 09 0263 This schedule must be completed and filed if the answer to any of questions 1 through 4 on the reverse side of the REV-1500 COVER SHEET is yes. DESCRIPTION OF PROPERTY ITEM INCLLpETFENMgEOFThETRANSFEREE, THEIR RELATIONSHIP TODECEDEMAND DATE OF DEATH %OF DECD'S EXCLUSION NUMBS TFEDATEOFTRAISFER, ATTACHACOPY OF THE DEED FOR REAL ESTATE. VALUE OF ASSET TAXABLE INTEREST iFApPUCASI_E VALUE ~• Wachovia`Bank 200,205.24 100.0000 0.00 200,205.24 Certificate of Deposit ending in 4691. Payable on death to Robert and William Reese in equal shares 2 Wachovia Bank 100,100.40 100.0000 Certificate of Deposit ending 0.00 in 5804. Payable on death to Robert & William Reese in equal shares 100,100.40 TOTAL (Also enter on line 7, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 3 0 0 3 0 5 . 6 4 3W46AF 1.000 REV-1511 EX+ •(10-06) ~ SCHEDULE H COMMO NWEALTH OF PENNSYLVANIA FUNERAL EXPENSES & IN HERITANCE TAX RETURN RESIDENT DECEDENT ADMINISTRATIVE COSTS ESTATE OF Louise K. Reese FILE NU MBER 21 09 0263 Debts of decedent must be reported on Schedule I. ITEM NUMBER DESCRIPTION A. FUNERAL EXPENSES: AMOUNT ~. Neill Funeral Home funeral services 10,144.00 B• ADMINISTRATIVE COSTS: ~ • Personal Representative's Commissions Name of Personal Representative(s) Street Address City State zip Year(s) Commission Paid: 2• Attorney Fees Snelbaker & Brenneman, P. C. 20,000.00 3• Family Exemption: (If decedent's address is not th ' e same as claimant s, attach explanation) Claimant Robert E . Reese 3 , 500.00 Street Address 18 East ate Drive City Camp Hill State PA Zip 17011 Relationship of Claimant to Decedent SON 4. Probate Fees 360.00 5• Accountant's Fees 190.00 6. Tax Return Preparer's Fees 7. 1 AT&T long distance phone service 39.52 Total from continuation schedules . 10,273.62 TOTAL (Also enter on line 9, Recapitulation) $ 44 507.14 7W46AG 1.000 (If more space is needed, insert additional sheets of the same size) Estate of: Louise K. Reese Schedule H Part 7 (Page 2) 21 09 0263 2 Chuck Bricker Auctioneer appraisal fee for household goods 120.00 3 Comcas t cable TV service 171.62 4 Cordier Antiques ~ Auctions commission on sale of collectibles and jewelry 6, 026.25 5 Cumberland Law Journal Advertising Executors Notice 75.00 6 Deluxe check printing charges 120.00 7 Greenawalt & Company, p.C, accountant fee for preparation of 2009 Income Taxes 275.00 8 H&R Block fee for obtaining copy of income tax return 10.00 9 Jim Lenigs Jewelry & Coins coin appraisal fee 477.00 10 Mountz Jewelers jewelry appraisal fee 695.00 11 Patriot News Advertising Executors Notice 171.89 12 Pennsylvania American Water water service 91.55 13 Pep Boys auto battery for Chevy Impala 114.43 14 PPL Electric electric service 88.40 15 Register of Wills short certificates 12.00 16 Register of Wills filing fee for Inheritance Tax Return 15.00 17 RSR Appraisers & Analysts real estate appraisal fee 350.00 Total (Carry forward to main schedule) 8,813.14 Estate of : Louise K. Reese Schedule H Part 7 (Page 3) 18 Service Oil Company heating oil 19 Verizon phone service 20 Reserve for filing fees, accountant fees and other miscellaneous costs associated with the administration of Decedent's estate Total (Carry forward to main schedule) 21 09 0263 366.57 93.91 1,000.00 1,460.48 REV-1512 EX+ (12-08) pennsylvania SCHEDULE I DEPARTMEMOF REVENUE DEBTS OF DECEDENT, INHERITANCE TAX RETURN MORTGAGE LIABILITIES & LIENS RESIDENT DECEDENT ~c+TwT'- ..r .....n.`.v~ FILE NUMBER Louise K. Reese 21 09 0263 Report debts incurred by the decedent prior to death that remained unpaid at the date of death, including unreimbursed medical expenses. ITEM NUMBER DESCRIPTION VALUE AT DATE OF DEATH 1 • AT&T long distance phone service 2 Comcast cable TV service 3 Hampden Township. sewer/refuse service 4 Michael Langan, Tax Collector 2009 personal and real estate taxes 5 Pennsylvania American Water water service 6 Pennsylvania Department of Revenue 2009 Individual Income Tax (Form PA-40) 7 PPL Electric electric service 8 Service Oil Company heating oil 9 Snelbaker & Brenneman, P.C. legal services provided prior to death 10 United States Treasury 2009 Individual income tax (Form 1040) 11 Verizon phone service 12 West Shore Anesthesia Assoc. medical services 50.16 57.26 138.65 528.13 82.52 392.00 35.63 498.27 150.00 169.00 29.36 78.60 TOTAL Also enter on Line 10, Reca itulation $ 2 209.58 8W46AH 2.000 !f more space is needed, insert additional sheets of the same size. REV-1513 EX+(11-08) pennsylvania DEPARTMENTOF REVENUE INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF SCHEDULE J BENEFICIARIES NUMB I 1 8 W46A1 2.000 FILE NUMBER 21 09 0263 NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY RE DolNot List TO Di C~EDENT AMOUNT OR SHARE O OF ESTATE 1. 2 TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 2116 (a) (1.2).] Robert E. Reese 18 Eastgate Drive Camp Hill, PA 17011 One Half of Residue: 478,338.97 William J. Reese 31279 Fairview Way Painter, VA 23420-3257 One Half of Residue: 478,338.97 ISon Son =LATER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18 OF REV-1500 COVER SHEET, AS APPRnPRiar~ 478,338.97 478,338.97 Nv~ I ARABLE DI STR I B UTI ONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 2113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN 1 B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS 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. 0.00 LAST WILL AND TESTAMENT I, LOUISE K. REESE, of the Township of Hampden, County of Cumberland, and Commonwealth of Pennsylvania, being of sound and disposing mind, memory and understanding, do make, publish and declare 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. FIRSrI•. I order a.nd direct that all my just debts and funeral expenses be paid by my Executors or Executor, as the case may be, hereinafter named, as soon as conveniently may be done after my decease. SECOND. I order and direct that my household goods and other personalty be distributed in accordance with a note or list which I am filing v~~ith this, my Last Will and Testament. Accordingly, I give and bequeath the indicated property to the persons named, absolutely. It is my will and direction that said note or list shall not be interpreted as a separate testamentary document which could. in any way revolve this, my Last Will and Testament, but rather an ''addition hereto by incorporation herein by reference thereto. THIRD. I give, devise and bequeath all the rest residue anal 1-emainder of my Estate, real, personal and mixed, whatsoever and wheresoever situated, in equal shares unto my two (2) sons, namely, ROBERT E. REESE and WILLIAM J. REESF,, share and share alike, absolutely anal in fee simple, if they survive me. If either of my said sons should predecease me, I order and direct that said residuary estate shall be distributed unto the son who survives me, absolutely and in fee simple. LASTLY. I nominate, constitute and appoint my, two (2) sons, ROBERT E. REESE and LAW OFFICES SNELBAKER & BRENNEMAN, P.C. WILLIAM J. REESE, to be the Executors of this, my Last Will and "hestament, but if either of said sons s1'iould predecease me, I order and direct that the surviving son shall be the sole Executor hereof, both and each to serve without bond or other security as a condition of qualification. IN WITNESS WHEREOF, I, LOUISE I~. REESE, have hereunto set my hand and seal to this my Last Will and Testament, which consists of t~~~o (2) t J ewritte 5 p i1 pages to each of which I have affixed my signature this ..~ ~'"~ day of May, A.D., Two Tllo usand Seven (2007). ~-k~~ ~' ~d ,SEAL) LOUISE K. REESE ~ The preceding instrument, consisting of this and one (1) other ty rewritten identified by the signature of the Testatrix, was on the date thereof si ned page, each declared by LOUISE K. REESE, the Testatrix therein named, as and gor her La d, published and Testament, in the presence of us, who, at her request, in her presence and in th st Wi11 and other, have subscribed our names as witnesses hereto. e presence of each ' ~ }' ~~ F~ f r _, r t~ COMMONWEALTH OF PENNSYLVANIA. ) COUNTY OF CUMBERLAND ~ ~ SS. We, LOUISE K. REESE, RICHARD C. SNELBAKER and JANE J. GOONEY the T the wit>esses, respective) whoCe i~~ estatrix and }', ~ ...2res are s.g~;ed to tl° a+tacl~ed r ~~°; e ,yin ~ , duly sworn, do hereby declare to the undersigned authority that the Testatrigx si gi~ed L~ "';;fii, being first instrument as her Last Will and Testament and that she had signed willin 1 and th and executed the her free and voluntary act for the purposes therein expressed, and that ea 1,Y°~ , at she executed it as presence and hearing of the Testatrix, signed the Will as a witness and that to the bes ~1esses, in the knowledge, the Testatrix was at that time eighteen years of age or older of t °F his or her constraint or undue influence. ~ sound, mind and under no --______ est •'x C fitness _____ r't ~<. ~~~~.. ,,. _. Witr~~ ss --~-___i-_----~ SulSscribed, sworn to and acknowledged before me by LOUISE K and subscribed and sworn to before me by RICHARD C. SNEL ~ R1ESE~ the Testatrix, the witnesses, this ,~ ~-~ day of May, 2007. BAKER and JANE ,I. GOONEY, LAW OFFICES SNELBAKER & ,.... .. RENNEMAN, ,,,~,~,.,.~ °"~ P.C. NotarTT~ Public COMICAONINEAL fH t7F FENri1S YLVANIA -2- Notarial Seal ~~ L.. Matr~ari, Notary Public Nln~t~ 8oro, C~jrrlberiand Coun My Ca-rtmis~ion E~ires Nov. 24, 2~~ A4amber, Pennsylvania Ass;scirrlnn .,f ~,..._~_ .