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HomeMy WebLinkAbout04-0590also known as To: Register of Wills for the · Deceased. County of CUMBERLAND Social Security No. 201165399 Commonwealth of Pennsylvania The petition of the undersigned respectfully represents that: Your petitioner(s), who is/are 18 years of age or older and the execut .ors in the last will of the above decedent, dated 10/26/1998 'i~ 2 .Ji.j~ ~ -'; ,- and codicil(s) dated - PETITION FOR PROBATE and GRANT OF LETTERS HELEN F. WALLACE No. in the named (state relevant circumstances, e.g. renunciation, death of executor, etc.) Decedent was domiciled at death in CUMBERLAND County, Pennsylvania, with h er last family or principal residence at 231 CUMBERLAND ROAD, LOWER ALLEN TOWNSHIP, CAMP HILL, CUMBERLAND COUNTY, PENNSYLVANIA 17011. (list street, number and municipality) Decedent, then 78 years of age, died 6/6/2004 at SELECT SPECIALTY HOSPITAL Except as follows, decedent did not marry, was not divorced and did not have a child born or adopted after execution of the will offered for probate; was not the victim of a killing and was never adjudicated incompetent: Decedent at death owned property with estimated values as follows: (If domiciled in Pa.) All personal property (If not domiciled in Pa.) Personal property in Pennsylvania (If not domiciled in Pa.) Personal property in County Value of real estate in Pennsylvania situated as follows: $ 125,OOO.0O $ $ $ 94,000.00 WHEREFORE, petitioner(s) respectfully request(s) the probate of the last will and codicil(s) presented herewith and the grant of letters ,testamentary thereon. (testamentary; administration c.t.a.; administration d.b.n.c.t.a.) el) ~1 ' EM.~'I~E - -- /"'OEO'ROE H. WALLACE~,, jR. 135 CONLEY LANE ETTERS 2409DEERVIEW DRIVE MECHANICSBURG PA 17319 PA 17055 OATH OF PERSONAL REPRESENTATIVE COMMONWEALTH OF PENNSYLVANIA COUNTY OF CUMBERLAND SS The petitioner(s) above-naxned swear(s) or affirm(s) that the statements in the foregoing petition are tree and correct to the best of the knowledge and belief of petitioner(s) and that as personal represen- tative(s) of the above decedent petitioner(s) will well and tnlly administer the.estate according to law. Sworn to or affirmed and subscribed , ~~ ~"'/,,f~_~'~_.,,~ .~ before me this ~,~..~' day of JUNE 2004 I ............ Register z No. Estate of HELEN F. WALLACE , Deceased DECREE OF PROBATE AND GRANT 'OF LETTERS AND NOW JUNE ~ 2004 "(~i.. ,'m consmcrauon bf~h~ petition on the reverse side hereof, satisfactory proof having been presented before me, IT IS DECREED that the instrument(s) dated 10/26/1998 described therein be admitted to probate and filed of record as the la~i~will of HELEN F. WALLACE and Letters TESTAMENTARY ' are hereby granted to ELAINE M. SEIBERT and GEROGE H. WALLACE, JR. FEES Probate, Letters, Etc ......... Short Certificates ( x- P/~. q ~ ...... U~lat~on ............ /~, TOTAL HAROLD S. IRWIN, III 29920 ATTORNEY (Sup. Ct. I.D. No.) 64 SOUTH PITT STREET CARLISLE PA 17013 ADDRESS 717-243-6090 PHONE his is to certify that the information here given is correctly copied from an original certificate of death duly filed with me as Local Registrar. The original certificate will be forwarded to thc State Vital Records Office for permanent filing. WARNING: It is illegal to duplicate this copy by photostat or photograph. Fee fl)r this certificate, $2.00 Local Registrar JUN 0 8 2004 Date :05 143 Rev 2/87 COMMONWEALTH OF PENNSYLVANIA · DEPARTMENT OF HEALTH · VITAL RECORDS CERTIFICATE OF DEATH  NT (First. Middle, Last) SEX IT ~F. Wallace ",s~~ .r.~ATE OF DEATH (Mo~th. Day. Year) ~ z ~e 3. ZOt- 16 -- 5399 4 June 6, 2004 DATE OF BIRTH B~RTHPLACE (C,ty and '*. H. Earl Foust Se ibe r t ~ ....~-^~ ApORESS (Strut. ~., Stole, m. C~) DATE OF DIS~SITION J ~L~I~ ~1~0~, ~le, Zip C~ ~i~ ~ ~al I ~mO~ fr~ State ~ (~m, Day. Year) 21L O~(S~)~ 21b. June 9, 2004 ~ .... ~u~c=nmem°rlalFark~z~ow~ Allen l~p., PA 17011 P~RSONACTINGASS~H tlCENSENUMBER NAMfiANDADOmESSOFFACIUIYPartBemore FH & CS Inc FD 013 340 L . ~ys~n ~ ~ aval~le at a~ ~ ~ to ($ig~e ~d cerlify cause o{ death. 23e. person who pronounces death. TIME OF DEATH T~ATE PRONOUNCED DEAD (Month, Day, Year) Il :03 ~ IMMEDIATE CAUSE (Final res~g in death) ~ LICENSE NUMBER [Monlh, Day. Year) WAS CASE REFERRED TO A MEDICAL EXAMINER/CORONER? Y-[] No E~' leading to immediate ceu~e Enter UNDERLYING CAUSE (Disease ~' inju P/ c. ) LAST d. WAS AN AUTOPSY WERE AUTOPSY FINDINGS MANNER OF PERFORMED? AVAILABLE PRIOR TO F COMPLETION OF CAUSE Peking Investigat~ Yes [] Yes [] No [] Suicide [] Could ~"~t be detect, ned DATE OF INJURY D~J (Moth. Day, Yea,') ~TIME OF INJURY ?~oERTIFYINO PHY CtAN lician *~CAL E~MINE~O~NE8 REGIST~R'S SIGNATURE AND NUMBER 33. (item 27) Type or Print DATE FILED (Monlh. INJURY AT WORK? DESCRIBE HOW INJURY OCCURRED LAST WILL AND TESTAMENT I, HELEN F. WALLACE, of 231 Cumberland Road, Camp Hill, Cumberland County, Pennsylvania 17011, do hereby make, publish and declare this to be my last will and testament, hereby revoking all wills heretofore made by me. 1. I direct my personal representative to pay all of my debts, funeral and administrative expenses as soon as convenient after my decease. I direct that all inheritance taxes imposed or payable by reason of my death and interest and penalties thereon with respect to all property, whether or not such property passes under this Will, shall be paid by my personal representative out of my estate. 2. I authorize and empower my personal representative to sell any realty and/or personalty owned by me at my death and not specifically devised or bequeathed herein, at public or private sale or sales and to give good and sufficient deeds and/or bills of sale therefor, in fee simple, as I could do if living. My representative is authorized and empowered to engage in any business in which I may be engaged at my death, for such period of time after my death as seems expedient to said representative. 3. I give, devise and bequeath all of my estate of whatever nature and wherever situate to my children, share and share alike, the child or children of any deceased child taking the share their parent would have taken if living. 4. I nominate and appoint Elaine M. Seibert and George H. Wallace, Jr., to be the personal representative of my estate, to serve without bond. 5. I suggest that my personal representative retain the services of Harold S. Irwin, III, Carlisle, Pennsylvania in the settlement of my estate. IN WITNESS WHEREOF, I have hereunto set my hand and seal this '~'~"'~day of October, 1998. HELEN F. WALLACE (SEAL) Signed, sealed, published and declared by the above-named person as and for a last will and testament, in our presence, who at said person's request, in said person's presence and in the presence of each other have hereunto set our names as subscribing witnesses. ,4 CKNO WL ED GMEN T ANDFFIDA FIT WE, HELEN F. WALLACE, GAY L. IRWIN and HEATHER A. BARBOUR, the testatrix and witnesses respectively, whose names are signed to the foregoing instrument, being first duly sworn, do hereby declare to the undersigned authority that the testatrix signed and executed the instrument as her last will and that she had signed willingly, and that she executed it as her free and voluntary act for the purpose herein expressed, and that each of the witnesses, in the presence and hearing of the testatrix, signed the will as a witness and that to the best of their knowledge the testatrix was, at that time, eighteen years of age or older, of sound mind and under no constraint or undue influence. HELEN F. WALLACE HEATHER A. BARBObR COMMONWEALTH OF PENNSYLVANIA · :ss: COUNTY OF CUMBERLAND · Subscribed, sworn to and acknowledged before me by HELEN F. WALLACE the testatrix herein, and subscri~be.~d and sworn to before me by GAY L. IRWIN and HEATHER A. BARBOUR, witnesses, this ~ (-.-~:,,,~ay of October, 1998. Notarial Seal Harold S. I~vin III, Notary Public Cadisle Boro, Cumberland County My Commission Expires Sept. 23, 2002 Member, Pennsylvania Association of Notaries REGISTER OF WILLS CUMBERLAND COUNTY, PENNSYLVANIA CERTIFICATION OF NOTICE UNDER RULE 5.6(a) Name of Decedent: HELEN F. WALLACE Date of Death: 6t6/2004 Will No. 21-04-0590 Admin. No. 2104-0590 To the Register: I certify that notice of (beneficial interest) estate administration required by Rule 5.6(a) of the Orphan's Court Rules was served on or mailed to the following beneficiaries of the above-captioned estate on 7/2/2004 · Name Address ELAINE M. SEIBERT GEORGE H. WALLACE, JR. 135 CONLEY LANE ETTERS PA 17319 2409 DEERVIEW DRIVE MECHANICSBURG PA 17055 Notice has now been given to all persons entitled thereto under Rule 5.6(a) except: NONE Date: 7/2/2004 Capacity: Signature Name: Address: HAROLD S. IRWIN, III CARLISLE PA 17Q1:~ Telephone(717) 2436090 X Personal Representative Counsel for Personal Representative COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES DEPT 280601 HARRISBURG, PA 17128 0601 RECEIVED FROM: PENNSYLVANIA INHERITANCE AND ESTATE TAX OFFICIAL RECEIPT REV 1162 EX(11 NO. CD 004253 IRWIN HAROLD S III 64 SOUTH PITT STREET CARLISLE, PA 17013 ESTATE INFORMATION: SSN: 20116-5399 FILE NUMBER: 2104 0590 DECEDENT NAME: WALLACE HELEN F DATE OF PAYMENT: 08/10/2004 POSTMARK DATE: 08/1 0/2004 COUNTY: CUMBERLAND DATE OF DEATH: 06/06/2004 ACN ASSESSMENT CONTROL NUMBER AMOUNT 101 $8,708.68 TOTAL AMOUNT PAID: 58,708.68 REMARKS: H SIRWIN ESQ SEAL CHECK#9088 INITIALS: VZ RECEIVED BY: GLENDA FARNER STRASBAUGH REGISTER OF WILLS REGLSTER OF WLLLS INVENTORY Estate of WALLACE, HELEN F. also known as , Deceased No. 21 04 00590 Date of Death.6/6/2004 Social Security No. 201165399 Personal Representative(s) of the above Estate, deceased, verify that the items appearing in the following inventory include all of the personal assets wherever situate and all of the real estate in the Commonwealth of Pennsylvania of said Decedent, that the valuation placed opposite each item of said inventory represents its fair value as of the date of the Decedent's deati" and that Decedent owned no real estate outside the Commonwealth of Pennsylvania except that which appears in a memorandum at the end of this inventory. I/We verify that the statements made in this inventory are true and correct. I/We understand that false statements herein made are subject to the penalties of 18 Pa. C.S. Section 4904 relating to unsworn falsification to authorities. Name of Attorney; I.D. No.: Address: HAROLD S. IRWIN, Ill 64 SOUTH PITT STREET Personal Representative: J Telephone: 717-243-6090 Description MET LIFE INVESTORS Contract Nos.A2063471 and A2063716 1995 PONTIAC GRAD AM MISC HOUSEHOLD FURNISHINGS PNC BANK Checking Account No. UNITED HEALTH CARE Refund of Unearned health Insurance Premium RESIDENCE AT 231 CUMBERLAND ROAD, CAMP HILL, PA (Attach Additional Sheets if necessary) Value 117,700.45 3,205.00 -F 1,000.00 5,573.87 646.40 91,000.00 NOTE: The Memorandum of real estate outside the Commonwealth of Pennsylvania may, at the election of the personal representative, include the value of each item, but such figures should not be extended into the total of the Inventory. RW-4 WALLACE, HELEN F. Description of Inventory Description COMCAST Refund of Unearned Payment A~ARP Refund PENNSYLVANIA CENTRAL FCU Joint Account No. 38767 -015 PENNSYLVANIA CENTRAL FCU Joint Account No. 38768 - 013 Continuation of Inventory Page 1 21 04 00590 Value 1.37 7.50 1,014.76 1,014.76 (~rand Total $ 221,164.11 COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE DEPT. 280601 HARRISBURG, PA 17128-0601 REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT OFFICIAL USE ONLY FILE NUMBER · '--- - 0 4 0 0 5 9 0 DECEDENTS NAME (LAST, FIRST, AND MIDDLE INITIAl SOCIAL SECURITY HUMBER II Z WALLACE, HELENF. 2 0 1 - 1 6- 5 3 9 9 U.I DATE OF DEATH (MM DD-Year) DATE OF BIRTH (MM-DD-Yead THIS RETURN MUST BE FILED IN DUPLICATE WITH THE ~.l REGISTER OF WILLS r~ 06/06/2004 11/16/1925 III (IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST, AND MIDDLE INITIAL) SOCIAL SECURI~r' NUMBER :--LU [] 1.OriginalReturn [] Z SupplementalReturn [] 3, RemainderRetarn (dateofdea[hprior~o12-1382) [] 4a. Future Interest Compromise (date Df death alter 1212 82) [] 5, Federal Estate Tax Return Required ~ u 4. Limited Estate o, [] 6. Decedent Died Testate (Attach copy of W[O '--'"LJ 7. Decedent Maintained a Living Trust {Altach copy of Trus~) 8, Total Number of Sate Deposit Boxes < [] 9. Litigation Proceeds Received [] 10. SpousalPovedyCredit(dateoldeathbetween1231-91a, d1-l-gSl [] ll. ElectiontotaxunderSec. 9113(A)(A~achS~hO} THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFtDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: NAME COMPLETE MAILING ADDRESS HAROLD S. IRWIN, III 64 SOUTH PITT STREET Z Z 0 FIRM NAME (Il Applicable) IRWIN LAW OFFICE TELEPHONE NUMBER 717-243-6090 CARLISLE PA 17013 1. Real Estate (Schedule A) (1) 2. Stocks and Bonds (Schedule B) (2) 3. Closely Held Corporation, Partnership or Sole-Proprietorship (3) 4 Modgages & Notes Receivable (Schedule D) (4) 5. Cash, Bank Deposits & Miscellaneous Personal Property (5) (Schedule E) 6. Jointly Owned Property (Schedule F) (6) ] Separate Billing Requested 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Properi7 (7) {Schedule G or L) 8. Total Gross Assets (total Lines 1 9. Funera[ Expenses & Administrative Costs (Schedule H) (9) 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) (10) 11. Total Deductions (total Lines 9 & 10) 12. Net Value of Estate (Line 8 minus Line 11 ) 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made (Schedule J) 14, Net Value Subject to Tax (Line 12 minus Line 13) 91,0Q0.OO;~ o.oo ~ 0.00 0.00 128,134.59 ~ 2,029.52 o.oo L OFFICIAL USE ONLY (8) 17,639.08 243.20 (11) (12) (13) (14) 221,164.11 17,882.28 203,281.83 0.00 203,281.83 SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 (a)(1.2) 16. Amount of Line 14 taxable at lineal rate 17. Amount of Line 14 taxable at sibling rate 18. Amount of Line 14 taxable at collateral rate 19. Tax Due 20. 0.00 X I (15) 203,281.83 X .045 (16) 0.00 X .12 (17) 0.00 x .~5 (18) (19) 0.00 9~147.68 0.00 0.00 9~147.68 ] i~ :l:(,ll:l|l:l :l:ll..i..lill f;t :1:1 :l:~,lll:l..~i il~ [~;! :1 :l~lll~lile] ~T ~ [el~i ~ :l~z¥1~M ~ ~I > > BE SURE TO ANSWER ALL QUESTIONS ON REVERSE SIDE AND RECHECK MATH Decedent's Complete Address: c~nEE, ,~DDRE.~3S 231 CUMBERLAND ROAD PA I ztP 17011 IciTY CAMP HILL ISTATE Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount 457.38 3. InterestJPenalty if applicable D. Interest E. Penalty ¢) Total Credits ( A + B + C ) (2) Total Lnterest/Penalty ( D + E ) (3) If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT, Check box on Page 1 Line 20 to request a refund (4) If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) A. Enter the interest on the tax due. (5A) B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (5B) Make Check Payable to: REGISTER OF WILLS, AGENT 9,147.68 457.38 0.00 0.00 8,690.30 8,690.30 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 properly 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 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. Under penalties of per un/, I declare that I have examined this return, includiflg accompanying schedules and statements, and to the b t of my knowledge and belief, it is true, correct and complete. Declaratio~ of prepi~er oCer than the personal represenlative is based on all information of which preparer has any kng~vledge. ¢,/~~6 ~ SIGNAT_LL~,I~?.~R~;~LE~ESPONSJB. L¢6 FOR.FILING RETURN /Z ~///////2 DATE ~S 135 CUNLEY LANE, ETTERS P~3~[" ~ 2409 DEERVlEW DRIVE, MECHANICSBURG, PA 17055 SIGNAT~F P~EPARER OTHE~ ~EP~E DATE STREE~T AD~A~ESS 64 SOUTH PeT CARLISLE P,~17013 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 3% [72 P.S. §9116 (a) (1.1) (i)J. 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 0% [72 P.S. §9116 (a) (1.1) (ii)]. The statute does not exempt a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax return are stilt 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 ol the child is 0% [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 4.5%, 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 12% [72 P.S. §9116(a)(1.3)I. 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. RE~V-1502 EX + (6 98) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE A REAL ESTATE iTEM NUMBER ESTATE OF FILE NUMBER VYALLACE. HELEN F. 04 00590 All real property owned solely or as a tenant in common must be reported at fair market value. Fair market value is defined ss 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 reJevant facts. Reap property which is iointly-owned with right of survivorship must be disclosed on Schedule F, VALUE AT DATE DESCRIPTION HOUSE AND LOT OF LAND LOCATED AT 231 CUMBERLAND ROAD, CAMP HILL, PA Value Based on Appraisal Attached as Exhibit "B" OF DEATH 91,000.00 TOTAL (Also enter on line 1, Recapitulation) $ 9'1,000.00 more space is needed, insert additional sheets of the same size) RIEV-1503 EX + (6-98) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE B STOCKS & BONDS ESTATE OF WALLACE, HELEN F. FILE NUMBER 04 All proper~y jointly-owned with right of survivorship must be disclosed on Schedule F. 00590 ITEM VALUE AT DATE ,NUMBER DESCRIPTION OF DEATH 1. NONE 0.00 TOTAL (Also enter on line 2, Recapitulation) $ 0.00 (If more space is needed, insert additional sheets of the same size) R EV-1504 EX + (6-98) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE C CLOSELY-HELD CORPORATION, PARTNERSHIP OR SOLE-PROPRIETORSHIP ;=STATE OF FILE NUMBER WALLACE, HELEN F. 04 00590 Schedule C-1 or C-2 (including afl suppoding information) must be altached for each closely-held corporation/partnership interest of the decedent, other than a sole-proprietorship, See instructions for the supporting information to be submitted for sole-proprietorships. ITEM NUMBER NONE DESCRIPTION VALUE AT DATE OF DEATH 0.00 TOTAL (Also enter on line 3, RecapJturation) $ 0.00 (If more space is needed, inse~t additional sheets of the same size) R~¥-1507 EX + (6-98) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE D MORTGAGES & NOTES RECEIVABLE E STATE OF FILE NUMBER VYALLACE, HELEN F. 04 00590 All property jointly-owned with the right of survivorship must be disclosed on Schedule F, ITEM VALUE AT DATE ~UMBER DESCRIPTION OF DEATH 1, NONE 0.00 TOTAL (Also enter on line 4, Recapitulationl $ 0,00 (If more space is needed, insert additional sheets of the same size} RZEM 1508 EX ', (6-98) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY ESTATE OF FILE NUMBER YVALLACE. HELEN F. 04 00590 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, ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 2. 3. 4. 5. 6. 7. MET LIFE INVESTORS Contract Nos. A2063471 and A2063716 Value Based on Bank Statement Attached as Exhibit "C" 1995 PONTIAC GRAND AM Value Based on Kelley Blue Book Valuation Attached as Exhibit "D" HOUSEHOLD FURNISHINGS PNC BANK Checking Account No.51 - 4006 - 6602 UNITED HEALTHCARE Health Insurance Premium Refund COMCAST Refund of Unearned Monthly Charges AARP Refund 117,700.45 3,205.00 1,000.00 5,573.87 646.40 1.37 7.50 TOTAL (Also enter on line 5, Recapitulation) $ 128,134.59 (If more space is needed, insed additional sheets of the same size) F~EV-1509 EX + (6-98) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE F JOINTLY-OWNED PROPERTY ESTATE OF FILE NUMBER ~YVALLACE, HELEN F. 04 00590 If an asset was made joint within one year of the decedent's date of death, it must be reported on Schedule G. :~ELATIONSHtP TO DECEDENT GRANDDAUGHTER SURVIVING JOINT TENANT(S) NAME ADDRESS ~.. BROOKE ELIZABETH WALLACE E~ CONNOR ROBERT WALLACE GRANDSON JOINTLY-OWNED PROPERTY: LETTER DATE DESCRIPTION OF PROPERTY % OF DATE OF DEATH ITEM FOR JOINT MADE INCLUDE NAME OF FINANCIAL INSTITUTrON AND BANK ACCOUNT NUMBER OR SIMILAR DATE OF DEATH DECD'S VALUE OF NUMBER TENANT JOINT IDENTIFYING NUMBER. A~ACH DEED FOR JOINTLY-HELD REAL ESTATE. VALUE OF ASSET INTEREST DECEDENTS INTERES 1. IA, 10/07/03 PENNSYLVANIA CENTRAL FEDERAL CREDIT UNION 2,029.51 50. 1,014.76 Certificate of Deposit Account No. 38767 - 015 Value Based on Statement Attached as Exhibit "E" 2. B. 10107/03 ~ENNSYLVANIA CENTRAL FEDERAL CREDIT UNION 2,029.51 50. 1,014.76 Certificate of Deposit Account No, 38768 - 013 Value Based on Statement Attached as Exhibit "E" TOTAL (Also enter on line 6, Recapitulation) $ 2,029.5: (If more space is needed, insert additional sheets of the same size) F~EV-1510 EX + (6-98) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE G INTER-VIVOS TRANSFERS & MISC. NON-PROBATE PROPERTY ~ STATE OF FILE NUMBER ~fYALLACE, HELEN F, 04 00590 This schedule must be completed and filed if the answer to any of questions 1 throuc ~ 4 on the reverse side of the REV-1500 COVER SHEET is yes. DESCRIPTION OF PROPERTY ITEM I~OLUD~ THE r~AME O¢ TF~6 TR~NSCEREE, TI4 EIR RELATIONSHIP T© DECEDENT AND DATE OF DEATH % OF DECD'S EXCLUSION TAXABLE NLJMBER THE DATE O~ TRANSFER ATTACH A COPY OF THE D£Ee FOR REAL ~STATE VALUE OF ASSET INTEREST CF APPLICABLE} VALUE I. NONE 0.00 O.0( TOTAL (Also enter on line 7 Recapitulation) $ O. 00 more space is needed, insert additional sheets of the same size) REV-1511 EX + (12-99) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE H FUNERAL EXPENSES & ABMINISTRATIVE COSTS ESTATE OF FILE NUMBER WALLACE, HELEN F. 04 00590 Debts of decedent must be reported on Schedule ], ITEM NUMBER DESCRIPTION AMOUNT 8. 9. 12. FUNERAL EXPENSES: PARTHEMORE FUNERAL HOME ADMINISTRATIVE COSTS: Personal Representative's Commissions Name al Personal Representative (s) Social Security Number(s)/EIN Number of Personal Representative(s) Street Address City State Year(s) Commission Paid: AtlorneyFees IRWIN LAW OFFICE Family Exemption: (If deceden["s address is not the same as claJmanrs, attach explanation) Claimant Zip Street Address city Relationship of Claimant to Decedent Probate Fees REGISTER OF WILLS State Zip Accountant's Fees Tax Return Preparer's Fees REGISTER OF WILLS - Filing Costs ERIE INSURACNE - Car Insurance ERIE INSURANCE - Homeowners Insurance BONNIE K. MILLER, TAX COLLECTOR - School Real Estate Taxes DIVERSIFIED APPRAISAL SERVICES - Real Estate Appraisal IRWIN LAW OFFICE - Fees on Real Estate Transfer 5,188.34 10,384.92 304.00 25.00 120.00 258.00 928.82 275.00 155.00 TOTAL (Also enter on line 9, Recapitulation) $ 17,639.08 (If more space is needed, insert additional sheets of the same size) I~EV-1512 EX + (6-98) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE m DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS ESTATE OF FILE NUMBER ~/ALLACE, HELEN F. 04 00590 Include unreimbursed medical expenses, ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 2. 3. 4. 5. UGI Utility Bill LOWER ALLEN TOWNSHIP Sewer Bill VERIZON Phone Bill PENNSYLVANIA-AMERICAN WATER COMPANY Utility Bill PP&L Utility Bill 46.00 70.35 89.38 18.28 19.19 TOTAL (Also enter on line 10, Recapitulation) $ 243.20 (If more space is needed, insert additionar sheets of the same size) COMMONWEALTH OF PENNSYLVANIA iNHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE J BENEFICIARIES I~STATE OF ~VALLACE. HELEN F. FILE NUMBER O4 00590 N~UMBER II. NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY TAXABLE DISTRrBUTrONS [[nclude outright spousal distributions, and transfers under Sec. 9116 (a)(1.2)] ELAINE M. SEIBERT 135 Conley Lane Etters, PA 17319 GEORGE H. WALLACE, JR. 2409 Deerview Drive Mechanicsburg, PA 17055 RELATIONSHIP TO DECEDENT Do Not List Trustee(s) Lineal Lineal AMOUNT OR SHARE OF ESTATE 0.50 0.50 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18, AS APPROPRIATE, ON REV-1500 COVER SHEET NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX iS NOT BEING MADE NONE B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS NONE TOTAL OF PART 1! - ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REVo1500 COVER SHEET $ 0.00 0.00 0.00 (If more space is needed, insert additional sheets of the same size) LAST WILL AND TESTAMENT I, HELEN F. WALLACE, of 231 Cumberland Road, Camp Hill, Cumberland County, Pennsylvania 17011, do hereby make, publish and declare this to be my last will and testament, hereby revoking all wills heretofore made by me. 1. I direct my personal representative to pay all of my debts, funeral and administrative expenses as soon as convenient after my decease. I direct that all inheritance taxes imposed or payable by reason of my death and interest and penalties thereon with respect to all property, whether or not such property passes under this Will, shall be paid by my personal representative out of my estate. 2. I authorize and empower my personal representative to sell any realty and/or personalty owned by me at my death and not specifically devised or bequeathed herein, at public or private sale or sales and to give good and sufficient deeds and/or bills of sale therefor, in fee simple, as I could do if living. My representative is authorized and empowered to engage in any business in which I may be engaged at my death, for such period of time after my death as seems expedient to said representative. 3. I give, devise and bequeath all of my estate of whatever nature and wherever situate to my children, share and share alike, the child or children of any deceased child taking the share their parent would have taken if living. 4. I nominate and appoint Elaine M. Seibert and George H. Wallace, Jr., to be the personal representative of my estate, to serve without bond. 5. I suggest that my personal representative retain the services of Harold S. Irwin, III, Carlisle, Pennsylvania in the settlement of my estate. IN WITNESS WHEREOF, of October, 1998 I have hereunto set my hand and seal this '~day HELEN F. WALLACE Signed, sealed, published and declared by the above-named person as and for a last will and testament, in our presence, who at said person's request, in said person's presence and in the presence of each other have hereunto set our names as subscribing witnesses. -, : ,/,~ <:- ACKNOWLEDGMENT AND AFFIDAVIT WE, HELEN F. WALLACE, GAY L. IRWIN and HEATHER A. BARBOUR, the testatrix and witnesses respectively, whose names are signed to the foregoing instrument, being first duly sworn, do hereby declare to the undersigned authority that the testatrix signed and executed the instrument as her last will and that she had signed willingly, and that she executed it as her free and voluntary act for the purpose herein expressed, and that each of the witnesses, in the presence and hearing of the testatrix, signed the will as a witness and that to the best of their knowledge the testatrix was, at that time, eighteen years of age or older, of sound mind and under no constraint or undue influence. ,ELEN .. WALLACE HEATHER A. BARBOUR COMMONWEALTH OF PENNSYLVANIA : :SS: COUNTY OF CUMBERLAND : Subscribed, sworn to and acknowledged before me by HELEN F. WALLACE the testatrix herein, and subscri.be~d and sworn to before me by GAY L. IRWIN and HEATHER A. BARBOUR, witnesses, this 'C<~/'day of October, 1998. Notarial Seal Harold S. Irw n III, Notary Public Cadisle Boro, Cumberland County My Commission Expires Sept 23, 2002 Notary i~bblic APPRAISAL REPORT 231 CUMBERLAND ROAD CAMP HILL, PENNSYLVANIA PREPARED FOR THE ESTATE OF HELEN F. WALLACE BY LARRY E. FOOTE DIVERSIFIED APPRAISAL SERVICES 35 EAST HIGH STREET, SUITE 101 CARLISLE, PENNSYLVANIA 1 ?013-3052 (717) 249-2758 SUMMARY OF IMPORTANT FACTS AND CONCLUSIONS LOCATION: TAX PARCEL NUMBER: IMPROVEMENTS: PROPERTY RIGHTS: OWNERSHIP HISTORY: SCOPE OF THE ASSIGNMENT: OBJECTIVE: EFFECTIVE DATE: HIGHEST AND BEST USE: COST APPROACH: SALES APPROACH: INCOME APPROACH: FINAL VALUE CONCLUSION: 231 Cumberland Road Camp Hill, Pennsylvania 13-24-0797-021 One-story detached single-family dwelling. Fee simple interest. The subject property is owned by Helen F. Wallace. The property was purchased on August 1, 1955 for a reported consideration of $10,600 and ownership transferred on deed reference 16-P-514. The scope of the assignment included an analysis of the subject's area, an inspection of the subject property, an estimation of the property's highest and best use, consideration of all three approaches to value, and the application of those relevant to the valuation of the subject. To estimate the market value of the subject property as unencumbered. June 6, 2004. Continued use as a single-family residence. N.A. $91,000 NA. $91,000 1 APPRAISAL CERTIFICATION hereby certify that upon application for valuation by: THE ESTATE OF HELEN F. WALLACE the undersigned personally inspected the following described property: All that certain piece or parcel of land, with the improvements thereon erected, situate in Lower Allen Township, Cumberland County, Pennsylvania, bounded and described as follows: Beginning at a point on the Southerly line of Cumberland Road, which point is 215.52 feet Westwardly of the Southwesterly corner of Cumberland and Essex Roads and at dividing line between Lots Nos. 37 and 38, Tract No 2 on the hereinafter mentioned Plan of Lots; thence along said dividing line in a line at right angles to Cumberland Road in a Southerly direction 120 feet to a point at dividing tine between Lots Nos. 37 and 46 on said plan; thence along said dividing line in a line parallel with Cumberland Road in a Westerly direction, 60 feet to a point the dividing line between Lots Nos. 36 and 37 on said Plan; thence along said dividing line in a line at right angles to Cumberland Road in a Northerly direction 120 feet to a point on the Southerly line of Cumberland Road aforesaid; thence along same North 56 degrees 55 minutes 30 seconds East, 60 feet to a point, the place of beginning. Being Lot No. 37 Tract No. 2 on Plan of Lots known as Cumberland Park, which plan is recorded in the Cumberland County Plan Book 6, Page 3 and being known as 231 Cumberland Road. To the best of my knowledge and belief the statements contained in this report are true and correct, and that neither the employment to make this appraisal nor the compensation is contingent upon the value reported, and that in my opinion the Market Value as of June 6, 2004 is: NINETY-ONE THOUSAND DOLLARS $91,000 The property was appraised as a whole, subject to the contingent and limiting conditions outlined herein. Larry E. Foote Certified General Appraiser GA-000014-L PURPOSE OF THE APPRAISAL The purpose of this appraisal is to estimate the Market Value of the subject property as of June 6, 2004. Market Value, as defined by the courts, is the most probable price estimated in terms of money which a property will bring if exposed for sale in the open market, allowing a reasonable time finding a purchaser who buys ~vith knowledge of all the uses to which it is adapted and for which it is capable of being used. Frequently, it is referred to as the price at which a willing seller would sell and a willing buyer would buy, neither being under abnormal pressure. HIGHEST AND BEST USE Highest and Best Use is defined by the Appraisal Terminology and Handbook, published by the Appraisal Institute, as "the most profitable likely use to which a property can be put". The opinion of such use may be based on the highest and most profitable continuous use to which the property is adapted and needed, or likely to be in demand, in the reasonable near future. However, elements affecting value that depend upon events or a combination of occurrences which, while within the realm of possibility, are not fairly shown to be reasonably probable, should be excluded from consideration. Also, if the intended use is dependent on an uncertain act of another person, the intention cannot be considered. Based on the above definition and after seeing the site, neighborhood, and area, it is my opinion that the present use of the subject is its Highest and Best Use. 4 SITE DATA ADDRESS: TOWNSHIP: COUNTY: STATE: LOT SIZE: SEWERS: WATER: ELECTRICITY: LANDSCAPING: 231 Cumberland Drive Lower Allen Cumberland Pennsylvania 60' x 120' Public utility. Public utility. PP&L Typical for the area, with a sodded lawn, trees and shrubs. DETRIMENTAL INFLUENCES None. Pride of ownership is evident throughout the neighborhood. DESCRIPTION OF IMPROVEMENTS GENERAL DESCRIPTION: One-story detached single-family dwelling containing 888 square feet of gross living area above grade with an attached one-car carport. CONDITION: ROOMS: EXTERIOR: Exterior: Average Interior: Average First Floor: Basement: Living room, eat-in kitchen, three bedrooms and a full bathroom. Crawlspace Foundation: Walls: Sash: Gutters: Roof: Storm units: Concrete block. Aluminum siding. Wood-framed, double-hung. Aluminum, painted. Gable, with shingles. Combination throughout. 5 INTERIOR, PRINCIPAL ROOMS: Flooring: Carpet Walls: Drywall Ceilings: Drywall Trim: Wood, painted. KITCHEN: Cabinets: Counters: Walls: Flooring: Sink: Wood, stained and varnished. Formica Drywall, painted. Vinyl Single-bowl, porcelain. BATHROOM: Flooring: Walls: Bathtub: Lavatory: Water closet: Carpet Formica and papered drywall. Built-in, with shower. Vanity Two-piece. Medicine cabinet: Built-in. CONSTRUCTION: Joists: Wood Beams: Wood Columns: Concrete block. Plumbing: Copper and iron. HEATING: Gas-fired forced hot air. COOLING: Central air conditioning. HOT WATER: Electric, 52-gallon. ELECTRIC: Circuit breaker system. OTHER: Attached to the front of the dwelling is a small covered porch and attached to the rear of the dwelling is a covered patio and an attached storage building. GENERAL CONDITION: All improvements are considered to be in average condition on the interior and on the exterior, with mechanical systems appearing to be adequate and functioning properly. 6 THE APPRAISAL PROCESS Three approaches to value are generally included in an appraisal report. These techniques include the cost approach, sales comparison approach, and income approach to value. The cost approach to value is based on the assumption that the reproduction cost of a building plus land value, tends to set the upper limit to value. A key assumption is that a newly constructed building would have advantages over the existing building, therefore an evaluation focuses upon disadvantages or deficiencies (depreciation) of the existing building compared to a new facility. Due to the age of the subject improvements, the cost approach is considered to be inappropriate and has, therefore, not been included in the development of this appraisal report. The sales comparison approach to value assumes that under normal conditions, a given number of parties acting intelligently and voluntarily, tend to set a pattern from which value can be estimated. Application of this approach relies on a comparison of the subject with a sufficient number of recent transactions of comparable properties in the market, based on a common unit, such as price per square foot of building area. The income approach concerns itself with present worth of the future potential benefits of a property. The initial estimate involves the net income, which a fully informed person is justified in assuming the property will produce during its remaining useful life. This estimated net income is then capitalized into a value estimate, based upon the level of risk as compared with that of a similar type and class. Since homes similar to the subject are not typically utilized as income-producing investment properties, the income approach to value is considered to be inappropriate and has, therefore, not been included in the development of this appraisal report. 7 SALES COMPARISON APPROACH In arriving at this conclusion of the value of the subject property, the appraiser made a survey of properties that have sold in the area of the subject property. Consideration was given and adjustments were made on each comparable sale as to time of sale, size, location, as welt as all other factors that might affect value. A resume of some of the sales considered by the appraiser is as follows: SALE NO. 1: Location: Date of Sale: Sale Price: Size: Unit Price: 240 Cumberland Road, Camp Hill. July 31,2003. $102,100 1,240 square feet. $82.34 per square foot. SALE NO. 2: Location: Date of Sale: Sale Price: Size: Unit Price: 38 Essex Road, Camp Hill. October 15, 2003. $103,000 1,120 square feet. $91.96 per square foot. SALE NO. 3: Location: Date of Sale: Sale Price: Size: Unit Price: 42 Sussex Road, Camp Hill. August 22, 2003. $ I O5,9OO 1,056 square feet. $100.28 per square foot. The appraiser, in addition to the sales listed, also considered several additional sales in arriving at his final opinion of value. On the Sales Comparison Analysis form that follows this page are dollar adjustments reflecting market reaction to those items of significant variation between the subject and comparable properties. If a significant item in the comparable property is superior to, or more favorable than, the subject property, a minus (-) adjustment is made, thus reducing the indicated value of the subject; ifa significant item in the comparable is inferior to, or less favorable than, the subject property, a plus (+) adjustment is made, thus increasing the indicated value of the subject. After making all of the necessary adjustments, it is the appraiser's considered opinion that the indicated value of the subject property by the Sales Comparison Approach is $91,000. 8 SALES COMPARISON ANALYSIS 1__ ITEM SUBJECT COMPARABLE #1 COMPARABLE #2 COMPARABLE #3 ~ 1 Cumberland Dr 240 Cumberland Road ---- 38 Essex Road 42 Sussex Re.ad Address Camp EIill Camp Hill Camp Hill Camp t fill ~'roximi¢/to Sub3cct ~ Same street Same subdryision Same subdi.dsion SalePrice N.A. ~ $102,100 ~ $103.000~~ ' ' , $105,900 Price/SqFt GLA NA __ $8234 ~~ $9196 ~ $10028 '""[~'~~' Data Source Inspection Cottrthouse & Central Penn MLS Courthouse & Central Penn MLS Courthouse & Central Penn MI.S ADJIJSTMENTS DESCRIPTION DESCRIPTION $ Adjust ~ESCRIPTION $ Adjust. DESCRIPTION $ Adjust Sales or Financing ~ Date of Sale / Time As of 6-6-04 7-314t3 10-15433 8-22-03 Location Average Similar Similar Simihu- Design and Appeal One-story detached Similar Smdlar Simihlr Construclion Aluminum siding Similar Similar Simihtr Condition Average Superior -5,100 Superior -5,200 Superior -5.300 Ahove Ch'adc qot Bcd. Bath Tot lied. Bath Tot Bed Bath Tot Bed B~th Gxoss Lixdng Area 888 square feet 1.240 square feet ~,600 ],120 square feet ~7,(100 1,056 square feet -5,000 Rooms Below (bade Cra~dspace Similar Similar Similar Functional I.Ytility Average Si~nilar Similar Similar Heating / Cooling Gas hot air w/C air Gas forced hot air +2,000 ~milar_ Oas ~brced hot air +2,000 (~;a~r~ I -c a r cap~t_..__ None +1,000 Similar Similar Pools, etc. _})uil~di~n g~ ......... building ___ storage building ___ storage buildings -500 Special I".nerg't' Typical for the Efficient Items region Similar Similar Similar Other (eg. kitchen equip, remodeling) Built-ins Similar Similar Similar ~ ~ ~ ~ ~ -I6.700 ~ ~ ~:~ -12,200 ~[I~ ~ ~ -8.800 Indicated Value of Subj¢ct ~ I ~ ~t 85,400 ~ ~ ~ 90,800 ~ tt 97,100 FINAL INDICATED VALUE OF SUBJECT PROPERTY: $91,000 9 CORRELATION Correlation may be defined as "the bringing together of parts in a proper relationship." The parts of this appraisal report are the following approaches to value your appraiser used: Value Indicated by Cost Approach Value Indicated by Sales Comparison Approach Value Indicated by Income Approach $91,000 N.A. These approaches are representative of the market value of the subject property. I have carefully reexamined each step in each method, and 1 believe the conclusions accurately reflect the attitude of typical purchasers of this type property in this neighborhood. It is my belief that this reexamination has confirmed the original conclusions. The Cost Approach will result in an excellent estimate if all elements are figured accurately, because no prudent person will pay more for a property than the cost to produce a substitute property with equal desirability and utility. Purchasers of the type of dwelling typical of the subject property are more concerned with amenities than with hypothetical replacement of the property. Due to the age of the subject improvements, the Cost Approach is considered to be inappropriate and has not been included in this appraisal report. The Sales Comparison Approach was based on several recent sales of properties similar to that of the subject, all of which are located in the same general area. The adjusted sales prices are most consistent under comparison. This approach is the most reliable because it reflects the reactions of typical buyers and sellers in the market. The Income Approach is most applicable to income producing properties or properties that are primarily utilized for income producing purposes. Purchasers of income producing properties are willing to pay no more for a particular property than the net operating income will support. Since the majority of properties similar to the subject are not utilized for income producing purposes, this approach to value has not been included in this appraisal report. Therefore, as a result of this appraisal and analysis, it is this appraiser's considered judgment and opinion that the Market Value of the subject property, as of June 6, 2004, is: NINETY-ONE THOUSAND DOLLARS $91,000 10 UNDERLYING ASSUMPTIONS AND LIMITING CONDITIONS SUBJECT TO THIS APPRAISAL 1 assume no responsibility for matters legal in nature, nor do ! render any opinion as to the title, which is assumed to be marketable. The property is appraised as though under responsible ownership. 2. The legal description used herein is correct. 3. I have made no survey of the property, and the boundaries are taken from records believed to be reliable. ! assume that there are no hidden or unapparent conditions of the property, subsoil or structures which would render it more or less valuable. I assume no responsibility for such conditions or for engineering which might be required to discover such factors. 5. The information, estimates, and opinions furnished to me and contained in this report were obtained from sources considered reliable and believed to be true and correct. However, no responsibility for accuracy can be assumed by me. 6. This report is to be used in its entirety and only for the purpose for which it was rendered. Neither all nor any part of the contents of this report (especially any conclusions as to value, the identity of the appraiser or the firm with which he is connected) shall be reproduced, published, or disseminated to the public through advertising media, public relations media, news media, sales media, or any other public means of communication, without the prior written consent and approval of the appraiser. This appraisal was prepared for the exclusive use of the client identified in this appraisal report. The information and opinions contained in this appraisal set forth the appraiser's best judbmaent in light of the information available at the time of the preparation of this report. Any use of this appraisal by any other person or entity, or any reliance or decisions based on this appraisal are the sole responsibility and at the sole risk of the third party. The appraiser accepts no responsibility for damages suffered by any third party as a result of reliance on or decisions made or actions taken based on this report. 11 CERTIFICATE OF APPRAISAL Your appraiser hereby certifies that: 1. The statements of fact contained in this report are true and correct. The reported analyses, opinions, and conclusions are limited only by the reported assumptions and limiting conditions, and are my personal, impartial, and unbiased professional analyses, opinions, and conclusions. 3. I have no present of prospective interest in the property that is the subject of this report, and no personal interest with respect to the parties involved. 4. [ have no bias with respect to the property that is the subject of this report or to the parties involved with this assignment. 5. My engagement in this assignment was not contingent upon developing or reporting predetermined results. My compensation for completing this assignment is not contingent upon the development or reporting of a predetermined value or direction in value that favors the cause of the client, the amount of the value opinion, the attainment ora stipulated result, or the occurrence of a subsequent event directly related to the intended use of this appraisal. To the best of my knowledge and belief, the statements of fact contained in this appraisal report, upon which the analyses, opinions, and conclusions expressed herein are based, are true and correct. This appraisal report sets forth all of the limiting conditions (imposed by the terms of my assignment or by the undersigned) affecting the analyses, opinions, and conclusions contained in this report. This appraisal report has been made in conformity with the Uniform Standards of Professional Appraisal Practice adopted by the Appraisal Standards Board of the Appraisal Foundation, and is subject to the requirements of the Code of Professional Ethics and Standards of Professional Conduct of the National Association of Realtors Appraisal Section. 12 10. No one other than the undersigned prepared the analyses, conclusions, and opinions concerning real estate that are set forth in this appraisal report. Certified General Appraiser GA-000014-L 13 PRIVACY NOTICE Pursuant to the Gramm-Leach-Billey Act of 1999, effective July 1, 2001, appraisers, along with all providers of personal financial services are now required by federal law to inform their clients of the policies of the firm with regard to the privacy of client nonpublic personal information. As professionals, we understand that your privacy is very important to you and are pleased to provide you with this information. In the course of performing appraisals, xve may collect what is known as "nonpublic personal information" about you. This information is used to facilitate the services that we provide to you and may include the information provided to us by you directly or received by us from others with your authorization. We do not disclose any nonpublic personal information obtained in the course of our engagement with our clients to nonaffiliated third parties, except as necessary or as required by law. By way of example, a necessary disclosure would be to our independent contractors, and in certain situations, to unrelated third party consultants who need to know that information to assist us in providing appraisal services to you. All of our independent contractors and any third party consultants we engage are informed that any information they see as part of an appraisal assi~,mment is to be maintained in strict confidence within the firm. A disclosure required by law would be a disclosure by us that is ordered by a court of competent jurisdiction with regard to a legal action to which you are a party. We will retain records relating to professional services that we have provided to you for a reasonable time so that we are better able to assist you with your needs. In order to protect your nonpublic personal information from unauthorized access by third parties, we maintain physical, electronic and procedural safeguards that comply ~vith our professional standards to insure the security and integrity of your information. 14 LARRY E. FOOTE REAL ESTATE APPRAISER EXPERIENCE: 1979-Present: Chief Appraiser, Diversified Appraisal Services, Carlisle, Pa. Principal Broker, LaRue Development Company, Carlisle, Pa. 1976-1979: Associate Broker, Colonial Realty, Carlisle, Pa. 1972-1976: Realtor Associate, Jack Gaughen Realtor, Carlisle, Pa. Appraisal experience included undeveloped land, farms, building lots, single-fmmly dwellings, mobile home parks, medical centers, nursing homes, motels, apartment buildings and complexes, office buildings, service stations, veterinary clinics, rehabilitation centers, retail buildings, daycare centers, warehouses, and mannfacturing facilities. EDUCATION: Bachelor of Business Administration, Pennsylvania State University, 1976. Associate Bachelor of Business Administration, Harrisburg Area Community College, 1974. Diploma, Carlisle Senior High School, 1965. Certificate, Pennsylvania Realtors Institute, GRI I, GRI II, GRI III. Certificate, Realtors National Marketing Institute, CI I01, CI 102, CI 103, C1 104, CI 105. Standards of Professional Practice, American Institute of Real Estate Appraisers. Real Estate Appraisal Principles, American Institute of Real Estate Appraisers. Residential Valuation, American Institute of Real Estate Appraisers. Appraisal Procedures, Appraisal Institute. Principles of Income Property Appraising, Appraisal Institute. Case Studies in Real Estate Valuation, Appraisal Institute. Report Writing and Valuation Analysis, Appraisal Institute. PROFESSIONAL LICENSES: General Appraiser #GA-000014-L, Commonwealth of Pennsylvania. Real Estate Broker #RB-029729-A, Commonwealth of Pennsylvania. PROFESSIONAL DESIGNATIONS: GRI: Graduate of the Pennsylvania Realtors Institute, awarded by the Pennsyl- vania Association o£Realtors. CRS: Certified Residential Specialist, awarded by the Realtors National Marke~:- ing Institute o£the National Association o£Realtors. CCIM: Certified Commercial Investment Member, awarded by the Realtors National Marketing Institute o£the National Association o£ Realtors. PROFESSIONAL ORGANIZATION AFFILIATIONS: National Association of Realtors Appraisal Section. Carlisle Association of Reaitors. Pennsylvania Association of Realtors. National Association of Realtors. Realtors National Marketing Institute. 15 PAST CLIENTS: Borough of Carlisle Keystone Financial Mortgage Cornerstone Federal Credit Union Pennsylvania State Bank Connnerce Bank Cumberland-Perry Association for Retarded Citizens Carlisle Suburban Authority Members 1 st Federal Credit Union Pennsylvania National Bank Evans Financial Corporation Greenawalt & Company, CPA Smith's Transfer Corporation Carlisle Depa~nent of Parks and Recreation Executive Relocation Services Carlisle Area School District Messiah Homes, Incorporated ERA Eastern Regional Services Pennsylvania Turnpike Commission Chase Home Mortgage Corporation Defense Activities Federal Credit Union Pennsylvania State Employees Credit Union PNC Mortgage Corporation F&M Trust Company National City Mortgage Corporation Washington Mutual Home Loans, Inc. Pmdential Relocation Services Lender' s Choice Market Intelligence, Incorporated United Telephone Employees Federal Credit Union Cumberland County Commissioners Allstate Enterprises Mortgage Corporation Dickinson College PPG Industries, Incorporated Gettysburg College Redevelopment Authority of Cumberland County Record Data Appraisal Services, Incorporated First United Federal Savings Association Fulton Bank United States Marshall Service GMAC Mortgage Corporation Orrstown Bank Letterkenny Federal Credit Union BancPlus Mortgage Corporation Coldwell Banker Relocation Services, Incorporated Cenlral Pennsylvania Savings Bank Mellon Bank Provident Home Mortgage Corporation Drovers Bank American Home Bank Trans Union M&T Mortgage Corporation Cody Financial Mortgage Services Waypoint Bank Northwest Savings Bank Blue Ball National Bank Adams County National Bank Countrywide Home Loans Aarrow Mortgage Various law firms and individuals 16 PHOTOGRAPHS OF THE SUBJECT IMPROVEMENTS p.! MetLife Investors USA Insurance Company P.O. Box 295 Des Moines, IA 50301-0295 MetLife v'esbrs' GEORGE H WALLACE J~ 2409 PEERVIEW DR ~ECHA~ICSBLTRO, PA 17055 Date: 07-13-2004 Check No: 004116825 Partial Withdrawal Gross Payment Federal Withholding Net Payment 47,507.75 289.01 47,218.74 Contract No: A2063471 Metlife!nvesbrs MetLifa Investors USA Insurance Company P.O. Box 295 DesMome.~ IA50301-0295 Pay to the Order of: Northern Trust Company Chmac 3. IL 80710 Payable Throug~ Northern Trust/DuPage Oakbrook Terrace. IL GEORGE H WALLACE JR 2409 PEERVIEW D~ MECHANICSBURG PA 1'7055 3heck Number 004116826 07-13-2D04 ..... $47,218.74 3ul 28 04 ~?:~a p.1 MetLife tnvestors USA Insurance Company P.O. Box 295 Des Moines, fA 50301-0295 GEORGE H WALLACE ETR 2409 PEERVZEW DRIVE M~CH~ZCSBURG, PA 17055 Date: 07-15-2004 Check No: 004117207 Partial Withdrawal Gross Payment Federal Withholding Net Payment !1,345.16 1,134.52 10,210,64 Contract No: A2063716 MetLifebvesbrs' P,O. Box 295 Des Moines, IA 50301-0295 Pay to the Order of: Northern Trust Company Chicago, IL 60710 Payable Tl~rough No~hern Trust~DuPage Oakbrook Terrace, IL GEORGE H WALLACE JR 2409 PEERVIEW DRIVE MECHANICSBURG. PA 17055 Check Number 0B4117207 07-15-2004 ....... S10,210,64 · MetLife Investors USa Insurance Company Date: 07-13-2004 Check No: 004116823 Partial Withdrawal ' 'Gross ~aymen~ Federal Withholding Net Payment ~" ~,'~ 41,b07.'75 289.01 47,218.74 Contract No: A2063471 P O Box 295 P Y Des Molnes. IA 50301 0295 MetLife Date: 07-15-2004 Check No: 004117206 Partial Withdrawal Federal Withholding Net Payment 1,134.52 10,210.63 Contract No: A2063716 Kelley Blue Book - Retail Pricing Report - Pontiac, Grand Am Page 1 of 2 Blue Book THE TRUSTED RESOURCE BLUE BOOK REIAIL REPORT Pennsylvania · August 4, 2004 1995 Pontiac Grand Am SE Sedan 4D Search Listings for This Car Engine: 4-Cyl. 2.3 Liter Trans: 5 Speed Manual Drive: Front Wheel Drive Mileage: 65,000 Flee Record Check Auto Loans from 3.95% APR Payment Calculator Review of This Car Equipment Air Conditioning Power Steering Power Windows Power Door Locks Cruise Control AM/FM Stereo Cassette ABS (4-Wheel) Retail Value Search Local Listinqs for This Car $4,380 The Kelley Blue Book Suggested Retail Value represents the amount an auto dealer might ask for a specific vehicle. The Suggested Retail Value is a starting point for negotiation therefore the actual sale price will vary. Popularity, condition, warranty, color and local market conditions will be factors involved in determining a final price. This retail value is not a trade-in or private party value. This Suggested Retail Value assumes that the vehicle has been fully reconditioned and has a clean title history. The Suggested Retail Value also allows for advertising, sale commissions, insurance and other costs of doing business as a dealer. Host vehicles being offered at this price have passed an inspection and some may carry a warranty. Get Invoice & MSRP on New Cars Get a Pri~vate Pad. y Value Get Financinq Before You Shop Copyright © 2004 by Kelley Blue Book Co., All Rights Reserved. Jul-Aug 2004 Edition. The http://www.kbb.com/kb/ki.dll/kw.kc.ur?kbb.PA;555120;PA041 &... 8/4/2004 Kelley Blue Book - Trade-In Pricing Report - Pontiac, Grand Am Page 1 of 2 Kelley Blue Book H&R BLOCK. THE TRUSTED RESOURCE BLUE BOOK TRADE-IN YALUE Pennsylvania · August 4, 2004 Engine: 4-Cyl. 2.3 Liter Trans: Automatic Drive: Front Wheel Drive Mileage: 6,5,000 1995 Pontiac Grand Am SE Sedan 4D See Local Listinc!s of This Car List Your Car For Sale Online Bu~a New Car Free Record Check AutoLoans from 3.,95% APR Insurance Quote Payment Calculator Equipment Air Conditioning Power Steering Power Windows Power Door Locks Cruise Control AH/FM Stereo Cassette ABS (4-Wheel) Consumer Rated Condition: Good "Good" condition means that the vehicle is free of an,/ major defects, The paint, body and interior have only minor (if any) blemishes, and there are no major mechanical problems. In states where rust is a problem, this should be very minimal, and a deduction should be made to correct it. The tires match and have substantial tread wear left. A clean title history is assumed. A "good" vehicle will need some reconditioning to be sold at retail; however major reconditioning should be deducted from the value. Host recent model cars owned by consumers fall into this category. Trade-In Value List Your Car For Sale Online $1,870 Trade-in value represents what you might expect to receive from a dealer for this consumer owned vehicle. Keep in mind that the dealer must then absorb the cost of making the vehicle ready for sale, advertising, sales commissions, arranging financing and insurance and standing behind the vehicle for any mechanical or safety problems. Get a Private Par~y Value Get Invoice & MSRP on New Cars http://www.kbb.com/kb/ki.dll/kw.kc.ur?kbb.PA;246458;PA041 &... 8/4/2004 TO REPORT ERRORS OR MAKE INQUIRIES ABOUT LOANS MARKED WITH AN * WRITE TO STATEMENT OF ACCOUNT PENNSYLVANIA CENTRAL FCU 959 EAST PARK DRIVE HARRISBURG PA 17111-2810 BROOKE ELIZABETH WALLACE &/OR HELEN F WALLACE 231 CUMBERLAND RD CAMP HILL PA 17011-6678 717/564-4661 125001BP 960. 38767-015 S.S.N. SECURED I,,.111,..111 ...... II,,.II,Ih,,IM..,IM..,II,,,,III,M 015 SHARE ACCOUNT 06130i04 DIVIDEND ~ ~ ANNUAL PERCENTAGE YIELD EARNED IS 00.77~ 06130~4 OAS CERTIFICATE ACT 06~30~4 DIVIDEND 06130~4 PREVIOUS BALANCE 110:35 : NEW BALANCE 1105G PREVIOUS BALANC[E 201944 1007 202951 NEW BALANCE 202951 RATE 2.0000% ISSUED 10/07,/03 MATURES 10/07~:/05 ~ $20.50 REGULAR DIVIDENDS [ NEED EXTRA CASH FOR YOUR SUMMER VACATION? LOOK NO FURTHER! PARTICIPATE IN PA CENTRAL FEDERAL CREDIT UNION'S VACATION SKIP-A-PAY. FOR JUST $35.00 PER LOAN, YOU CAN SKIP YOUR JULY OR AUGUST PAYMENT ANY QUESTIONS, PLEASE CALL US AT 1-8(}0-356-387 See Reverse Side For Important Information STATEMENT OF ACCOUNT PENNSYLVANIA CENTRAL FCU 959 EAST PARK DRIVE HARRISBURG PA 17111-2810 / / CONNOR ROBERT WALLACE &/OR HELEN F WALLACE 231 CUNBERLAND RD CANP HILL PA 17011-6678 I,,,111,,,111 ...... II,,,ll,ll,,,ll,,I,,,ll,,I,,,ll,,,,llhl,,I 717/S64-4661 1250OIBP 961 · , 38768-013 J S.S.N. SECURED 0630~O4 0630.04 063004 0630~4 013 SHARE ACCOUNT PRE~IOUS BALANCE 110135 DIVIDEND 121 110i56 ANNUAL PERCENTAGE YIELD EARNED [S 00.??~ ! i NEW BALANCiE 110i56 OA3 CERTIFICATE ACT ~ PRE~IOUS BALANCiE 2019i44 DIVIDEND ! 10~7 2029~51 i NEW BALANCiE ~O~9!S1 RATE 2.0000% ISSUED 10/07/03 MATUREiS 10/07705 $20.50 REGULAR DIVIDENDS NEED EXTRA CASH FOR YOUR SUMMERI VACATION? LOOK NO FURTHER! PARTICIPATE IN PA CENTRAL ~EDERAL CREDIT UNION'S VACATION SKIP-A-PAY. FOR JUST $35.00 PER LOAN, YOU CAN SKIP YOUR JULY ORI AUGUST PAYMENTi. ANY QUESTIONS, PLEASE CALL US AT 1-8~0-356-3875. See Reverse Side For Important Information BUREAU OF TNDTVZDUAL TAXES 'rHHERTTANCE TAX DI'VTS'rON DEPT. 280601 HARRZS]SURG, PA 17128-0601 I HAROL~ S IRWIN IIT IRW, IN:LAW O~ICE : ~:= 6~. S PITT ST CARLISLE PA 17015 CONHONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE NOTICE OF INHERITANCE TAX APPRAZSEHENT, ALLOWANCE OR DZSALLO#ANCE OF DEDUCTIONS AND ASSESSHENT OF TAX DATE ESTATE OF DATE OF DEATH FILE NUMBER COUNTY ACN lO-04-ZO0~ WALLACE 06-06-200~ 21 04-0590 CUMBERLAND 101 Amount: Remi'l:'l:ed REV-1647 EX AFP COl-OS) HELEN F MAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 CUT ALONG THIS LINE ~.~ RETAIN LOWER PORTION FOR YOUR RECORDS ~ REV-1547 EX AFP (01-03) NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLO#ANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX ESTATE OF WALLACE HELEN F FILE NO. 21 0q-0590 ACN 101 DATE lO-0q-200q TAX RETURN NAS: (X) ACCEPTED AS FILED { ) CHANGED RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE APPRAZSED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. Real Es~a~e (Schedule A) (1) 2. S~ocks and Bonds (Schedule B) (2) 3. Closely Held S~ock/Par~nership In~eres~ (Schedule C) ($) 4. Hot,gages/No,es Receivable (Schedule D) (4} S. Cash/Bank Deposi~s/Hisc. Personal Proper~y (Schedule E) (5) 6. Jointly Owned Propar~y (Schedule F) (6) 7. Transfers (Schedule G) (7} 8. To,al Asse~s APPROVED DEDUCTIONS AND EXEHPTZONS: 9. Funeral Expenses/Adm. Cos~s/Hisc. Expenses (Schedule H) (9) 10. Deb~s/Nor~gege Liabilities/Liens (Schedule l) (10) 11. To*al Deductions 12. He~ Value of Tax Re~urn 91z000.00 .00 .00 .00 128z15~.59 2;029.52 .00 (8) 17,639.08 Z~$.ZO NOTE: To insure proper credi~ ~o your account, submi~ ~he upper portion of ~his fore wi~h your ~ax payment. 13. 14. NOTE: 221,164.11 (11) 17 ,R82.28 (12) 205,281.85 Charitable/Governmental Bequests; Non-elected 9113 Trusts (Schedule J) (13) Na~ Value of Es~a~e Sub~ec~ ~o Tax (14) 1f an assess;ent ~as issued previously, lines 14, 15 and/or 16, 17, reflect flgures that include the total of ALL returns assessed to date. .00 203,281.85 18 and 19 Nill · O0 x O0 = . O0 203,281.85 X 0~5= 9,1~7.68 · O0 x 12 = .00 · O0 x 15 = .00 (19)= 9,1~7.68 AMOUNT PAID ASSESSMENT OF TAX: 15. Amoun~ of Line 14 a~ Spousal ra~a (15) 16. Amoun'l: of L/ne 14 ~axabla a~ Lineal/Class A ra~e (16) 17. kmoun'l: of Line 14 e~ Sibling ra~a 18. Amoun~ of Line 14 ~axabla a~ Collateral/Class B ra~a (18). 19. Principal Tax Due 8,708.68 RECETp1 I DT$COUNT (*) NUHBER I INTEREST/PEN PATD (-) CDO0~Z5$ ~57.38 TAX CREDITS: PAYHENT DATE 08-10-200~ ZF PAID AFTER DATE INDICATED, SEE REVERSE FOR CALCULATION OF ADDITIONAL INTEREST. TOTAL TAX CREDIT BALANCE OF TAX DUE INTEREST AND PEN. TOTAL DUE 9,166.06 18.$8CR .00 18.38CR ( 1F TOTAL DUE IS LESS THAN $1, NO PAYMENT IS REQUIRED. IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR), YOU HAY BE DUE A REFUND. SEE REVERSE S/DE OF THIS FORH FOR INSTRUCTIONS.) RESERVATION: PURPOSE OF NOTICE: PAYMENT: REFUND ¢CR): OBJECTIONS: ADMIN- ISTRATIVE CORRECTIONS: DISCOUNT: PENALTY: INTEREST: Estates of decadents dying on or before December 12, 1982 -- if any futura interest in the estate is transferred in possession or enjoyment to Class B (collateral) beneficiaries of the decadent after the expiration of any estate for life or for years, the Commonwealth hereby expressly reserves the right to appraise and assess transfer Inheritance Taxes at the lawful Class B (collateral) rata on any such future interest. To fulfill the requirements of Section ZlqO of the Inheritance and Estate Tax Act, Act 23 of ZOO0. (72 P.S. Section 9140). Detach the top portion of this Notice and submit with your payment to the Register of Nills printed on the reverse side. --Make check or money order payable to: REGISTER OF #ILLS, AGENT A refund of a tax credit, which was not requested on the Tax Return, may be requested by completing an "Application for Refund of Pennsylvania Inheritance and Estate Tax" (REV-1SI3). Applications ara available at the Office of the Register of Nills, any of the 13 Revenue District Offices, or by calling the special Z4-hour answering service for forms ordering: 1-800-561-2050; services for taxpayers with special hearing and / or speaking needs: 1-800-447-3020 iTT only). Any party in interest not satisfied with the appraisement, allowance, or disallowance of deductions, or assessment of tax [including discount or interest) as shown on this Notice must object within sixty [60) days of receipt of this Notice by: --written protest to the PA Department of Revenue, Board of Appeals, Dept. ZSIOZ1, Harrisburg, PA 171Z8-1011, OR --election to have the matter determined at audit of the account of the personal representative, OR --appeal to the Orphans' Court. Factual errors discovered on this assessment should bm addressed in writing to: PA Department of Revenue, Bureau of Individual Taxes, ATTN: Post Assessment Review Unit, Dept. 180601, Harrisburg, PA 17118-0601 Phone (717) 787-6505. Sea page 5 of the booklet "Instructions for Inheritance Tax Return for a Resident Decedent" (REV-IS01) for an explanation of administratively correctable errors. If any tax due is paid within three (3) calendar months after the dacadant's death, a five percent (SX) discount of the tax paid is allowed. The 15X tax amnesty non-participation penalty is computed on the total of the tax and interest assessed, and not paid before January 18, 1996, the first day after the and of the tax amnesty period. This non-participation penalty is appealable in the same manner and in the the same tiaa period as you would appeal the tax and interest that has been assessed as indicated on this notice. Interest is charged beginning with first day of delinquency, or nine (9) months and one (1) day from the date of death, to the data of payment. Taxes which became delinquent before January 1, 1981 bear interest at the rata of six (61) percent par annum calculated at a daily rata of .000164. AIl taxes which became delinquent on and after January 1, 1982 mill bear interest at a rate which will vary from calendar year to calendar year with that rata announced by the PA Department of Revenue. The applicable interest rates for 1982 through 2004 are: Interest Daily Interest Daily Interest Daily Year Rate Factor Year Rate Factor Year Rate Factor ~ ZOZ .O005q8 ~"~)"~'8-1991 111 .000301 ~ 91 .OOOZ47 1983 162 .000438 1992 92 .000247 2002 62 .000164 1984 112 .000501 1993-1994 72 .000191 2003 52 .000137 1985 131 .000356 1995-1998 91 .000247 2004 41 .000110 1986 IOZ .000174 1999 72 .OO0192 1987 102 .000274 ZOO0 72 .000192 --Interest is calculated as follows: INTEREST = BALANCE OF TAX UNPAID X NUNBER OF DAYS DELINQUENT X DA/L¥ INTEREST FACTOR --Any Notice issued after the tax becomes delinquent will reflect an lntarest calculation to fifteen [15) days beyond the date of the assessment. If payment is made after the interest computation date sheen on the Notice, additional interest must be calculated. BUREAU OF INDIVIDUAL TAXES /NHERZTANCE TAX DIY/STON PO BOX Z80601 HARR/SBURG, PA 171Z8-0601 COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE INHERITANCE TAX STATEMENT OF ACCOUNT REV-1607 EX AFP IRWIN LAW OFFICE 6q S PITT ST ~r CARLISLE : *~A 17015 DATE 11-15-200q ESTATE OF WALLACE DATE OF DEATH 06-06-200q FZLE NUMBER 21 0~-0590 COUNTY CUMBERLAND ACN 101 Amount Remi tted HELEN F MAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17015 NOTE: To insure proper credit to your account, submit the upper portion of th~-s fore with your tax payeent. CUT ALONG THIS L'rNE IR~ RETA'rN LOWER PORT/ON FOR YOUR RECORDS -qql R~:fG~Y 'EY'~;~"r§I'-'6]~ ...... ';;~"~r~ ~ I'A~ ~"TR~' '~?XYER~qIT ' ~Y 'R~Y6OFff ' ' M~'; ..................... ESTATE OF WALLACE HELEN F FILE NO. 21 0q-0590 ACN 101 DATE 11-15-200q THIS STATEMENT ZS PROVIDED TO ADVISE OF THE CURRENT STATUS OF THE STATED ACN ZN THE NAMED ESTATE. SHO#N BELO# ZSA SUMMARY OF THE PRINCIPAL TAX DUE:. APPLICATION OF ALL PAYMENTS., THE CURRENT BALANCE~ AND., ZF APPLICABLE, A PROdECTED INTEREST FIGURE. DATE OF LAST ASSESSMENT OR RECORD ADJUSTMENT: 09-27-ZOOq PRINCIPAL TAX DUE: ............................................................................. PAYMENTS (TAX CREDITS): 9,1q7.68 PAYMENT RECEIPT DISCOUNT C+) AMOUNT PAID DATE NUMBER INTEREST/PEN PAID ¢-) 08-10-200q 11-01-200q CDOOq25~ REFUND ZF PAID AFTER THIS DATE, SEE REVERSE SIDE FOR CALCULATION OF ADDZT/ONAL INTEREST. ( ZF TOTAL DUE IS LESS THAN $1, NO PAYMENT 1S RE~U/RED. ZF TOTAL DUE ZS REFLECTED AS A 'CREDIT' q57 .$8 .00 8,708.68 18.~8- TOTAL TAX CREDIT 9,1q7.68 BALANCE OF TAX DUE .00 INTEREST AND PEN. .00 TOTAL DUE .00 YOU MAY BE DUE A REFUND. SEE REVERSE STDE OF THIS FORM FOR TNSTRUCTZONS. ) PAYMENT: Detach the top portion of this Notica and submit with your payment made payabla to tha name and address printed on the reverse sida. -- If RESIDENT DECEDENT cake check or money order payable to: REG/STER OF NZLLS] AGENT. -- If NON-RESIDENT DECEDENT make check or money order payable to: COHHON#EALTH OF PENNSYLVANZA. REFUND (CR): A refund of a tax credit, which was not requested on tho Tax Raturn, aay bo requested by coeplatin9 an "Application for Refund of Pannsylvania Inharitance and Estate Tax" (REV-1315). Applications are available online at waa.revenue.state.pa.us, any Register of #ills or Revenue District Office, or from the Department's Z~-haur answering service for forms orders: 1-600-36Z-Z050; sarvlces for taxpayers with special haaring and/or speaking needs: 1-600-~7-30Z0 (TT Drily). REPLY TO: DISCOUNT: PENALTY: Questions regarding errors contained on this notice should be addressed to: PA Department of Revenue~ Bureau of Individual Taxes, ATTN: Post Assessment Reviaw Unit, P.O. Box 280601) Harrisburg, PA 171Z8-0601, phone (717) 787-6S05. If any tax due is paid within three (3) calandar months after the decedent's death, a five percent (SI) discount of the tax paid is allowed. The 15Z tax amnesty non-participation penalty is computed on fha total of fha tax and interest assessed, and not paid before January 18, 1996, fha first day after tha end of the tax amnasty period. INTEREST: Interest is charged beginning with first day of delinquency, or nine (9) months and Dna (1) day from the date of death, to tha date of payment. Taxes which became daIinquent before January 1, 1982 bear interest at the rate of six (6X) percent par annum caZculatad at a daily rate of .00016q. Al! taxes which became dalinquent on and after January 1, 198Z will bear interest at a rate which will vary from calendar year to calendar year with that rate announced by the PA Departq~ent of Revenue. Tha applicabla interest rates for 198Z through ZOOq are: Interest Daily Interest Daily Interest Daily Year Rate Factor Year Rate Factor Year Rate Factor 1962 20X .0005q6 1988-1991 112 .000301 2001 9Z .0002~7 1983 16X .000q38 1992 9Z .0002q7 ZOOZ 6Z .00016~ 198q 112 .000301 1993-199~ 7Z .000192 2003 SZ .000137 1965 132 .000356 1995-1996 9Z .O00Z~7 200q qZ .000110 1986 IOZ .O00Z7q 1999 72 .00019Z 1987 92 .O00Zq7 ZOO0 8Z .000219 --Interest is calculated as follows: INTEREST = BALANCE OF TAX UNPAID X NUNBER OF DAYS DELINQUENT X DALLY TNTEREST FACTOR --Any Notice issued after the tax becomes delinquent will reflect an interest calculation to fifteen (1S) days beyond the date of the assessment. If payment is made after the interest computation date shown on the Notice, additional interest must be calculated. BUREAU OF INDIVIDUAL TAXES ZNH£R/TANCE TAX DTVZSZON PO BOX 280601 HARRTSBURG, PA 17128-0601 COHHONWEALTH OF PENNSYLVANIA DEPARTHENT OF REVENUE NOTICE OF INHERITANCE TAX APPRAZSENENT, ALLONANCE OR DZSALLONANCE OF DEDUCTIONS AND ASSESSNENT OF TAX RE¥-IS~? EX AFP (ag-od) SUE MAUERY M & T BANK 215 MARKET ST HARRISBURG DATE 12-06-200~ ESTATE OF SPANGLER DATE OF DEATH 01-16-1981 FILE NUHBER 21 81-072~ COUNTY CUMBERLAND ACH 102 r Amoun~ Remi~ed GEORGE HAKE CHECK PAYABLE AND REHXT PAYNENT TO: REGISTER OF WILLS CUNBERLAND CO COURT HOUSE CARLISLE, PA 1701:5 CUT ALONG THIS LINE ~ RETAIN LOWER PORTION FOR YOUR RECORDS ~ REV-1547 EX AFP (01-03) NOTICE OF INHERITANCE TAX APPRAZSEHENT, ALLOWANCE OR DTSALLOWANCE OF DEDUCTIONS AND ASSESSNENT OF TAX ESTATE OF SPANGLER GEORGE S FILE NO. 21 81-072~+ ACN 102 DATE 12-06-200~ TAX RETURN #AS: (X) ACCEPTED AS FILED ( ) CHANGED RESERVATION COHCERN/NG FUTURE INTEREST - SEE REVERSE APPRAISED VALUE OF RETURN BASED ON: REHAINDER RETURN 1. Real Es*e*a (Schedule A) (1) 2. S~ocks and Bonds (Schedule B) (2) $. CXosely HeXd S~ock/Per~narship Xn~eras~ (Schedule C) ($) q. Not,gages/No,es Race/vable (Schedule D) (~) 5. Cash/Bank Deposits/Misc. Personal Proper~y (Schedule E) 6. Jointly Owned Proper~y (Schedule F) (6) 7. Transfers (Schedule G) (7) 8. To,m1Asse~s APPROVED DEDUCTIONS AND EXEHPTZONS: 9. Funeral Expenses/Adm. Cos~s/Hisc. Expanses (Schedule H) (9) 10. Deb~s/Nor*gege Liabilities/Liens (Schedule I) (10) 11. To*aX Deductions 12. Ne~ Value of Tax Re~urn 15. 1~. CharZ*able/governman~al Bequests; Non-elec~ed 9115 Trusts (Schedule J) Ne~ Value of Es~a~e Subjec~ ~o Tax .0O 21762~666.19 .00 .00 .00 .00 .00 (8) .00 .0O NOTE: To insure proper credi~ *o your account, submi~ ~he upper por~ion of ~his form wi~h your ~ax payment. NOTE: 2,762,666.19 10-12-200~ XC0~9722 CDOOq~91 IF PAID AFTER DATE INDICATED, SEE REVERSE FOR CALCULATION OF ADDITIONAL INTEREST. 08-1:5-1982 TAX CREDITS: PAYHENT DATE REC[XPT NUNBER DISCOUNT (+) INTEREST/PEN PAID (-) .00 22,:511.62- 55,$92.00 R08,51:5.59 TOTAL TAX CREDIT Rql, 59:5.97 BALANCE OF TAX DUEI 27,19~.0~CR INTEREST AND PEN. . O0 TOTAL DUE 27,19~. O~CR ( IF TOTAL DUE IS LESS THAN $1, NO PAYNENT TS RE~)UIRED. IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CH), YOU NAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORH FOR INSTRUCTIONS.) (lS) .00 X O0 = .00 (16) .00 X 06 = .00 (17) .00 X O0 = .00 (18) 2,762,666.19 x 15 = ANOUNT PAZD ASSESSHENT OF TAX: 1S. Amoun~ of Line 1~ a~ Spousal ra~e 16. Amoun~ of Line 1~ ~exebla e~ LZneal/CXass A ra~e 17. Amoun~ of Line 1~ a~ SibXing re~e 16. Amoun~ of Line 1~ ~mxable a~ Colle~eraX/Class B ra~e 19. Principal Tax Due Xf an assessment was /ssued previously, lines 14, 15 and/or 16, 17, 18 and 19 w111 reflect figures that /nclude the total of ALL returns assessed to date. (11) . Off (12) 2,762,666.19 (15) . O0 (1~) 2,762,666.19 RESERVATION: PURPOSE OF NOTICE: PAYMENT: REFUND (CR]: OBJECTIONS: ADMIN- ISTRATIVE CORRECTIONS: DISCOUNT: PENALTY: INTEREST: Estates of decedents dying on or before December 1Z, 1982 -- if any future interest in the estate is transferred in possession or enjoyment to Class B (collateral) beneficiaries of the decedent after the expiration of any estate for life or for years, the Commonwealth hereby expressly reserves tho right to appraise and assess transfer Inheritance Taxes at the tawful Class B (collateral) rate an any such future interest. To fulfill the requirements of Section ZlqO of the Inheritance and Estate Tax Act, Act Z3 of ZOO0. [7Z P.S. Section 91q0). Detach the top portion of this Notice and submit with your payment to the Register of Mills printed on the reverse side. --Make check or money order payable to: REGISTER OF MILLS, AGENT A refund of a tax credit, which was not requested on the Tax Return, amy be requested by completing an "Application for Refund of Pennsylvania Inheritance and Estate Tax" (REV-IS15]. Applications are available online at www.ravenua.stata.pa.us~ any Register of #ills or Revenue District Office, or from the Department's Zq-hour answering service for forms orders: 1-800-56Z-ZOSO~ services for taxpayers with special hearing and/or speaking needs: 1-800-qq7-30Zg ITT only]. Any party in interest not satisfied with the appraismant, allowance or disallowance of deductions or assessment of tax (including discount or interest] as shown on this Notice amy object within 60 days of the date of receipt of this notice by filing one of the following: A) Protest to the PA Department of Revenue, Board of Appeals. You may object by filing a protest online at www.boardofappaals.stata.pa.us on or before the expiration of the sixty-day appeal period. [n order for an electronic protest to be valid, you must receive a confirmation number and processed date from the Board of Appeals websita. You may also send a written protest to PA Department of Revenue, Board of Appeals P.D. Box Z810Z1, Harrisburg, PA 171ZS-lOZ1. Petitions may not be foxed. B) Election to have the matter determined at the audit of the account of the personal representative. C) Appeal to the Orphans' Court. Factual errors discovered on this assessment should be addressed in writing to: PA Department of Revenue, Bureau of Individual Taxes, ATTN: Post Assessment Review Unit, P.O. Box Z80601, Harrisburg, PA 171Z8-0601 Phone [717] 787-6505. See page 5 of the booklet "Instructions for Inheritance Tax Return for a Resident Decedent" (REV-1501) for an explanation of administratively correctable errors. If any tax due is paid within three CS) calendar months after the decedent's death, a five percent (SZ) discount of the tax paid is allowed. The 15Z tax amnesty non-participation penalty is computed on the total of the tax and interest assessed, and not paid before January 18, 1996, the first day after tho end of the tax amnesty period. This non-participation penalty is appealable in the same manner and in the the same time period as you would appeal the tax and interest that has been assessed as indicated on this notice. Interest is charged beginning with first day of delinquency, or nine (9] months and one (1) day from the date of death, to the date of payment. Taxes which became delinquent before January 1, 198Z bear interest at the rate of six (6X) percent per annum calculated at a daily rate of .OOO16fi. All taxes which became delinquent on and after January 1, 1982 will bear interest at a rate which will vary fram calendar year to calendar year with that rate announced by the PA Department of Revenue. The applicable interest rates for 198Z through ZOOq are: Interest Daily Interest Daily Interest Daily Year Rate Factor Year Rate Factor Year Rate Factor ~ ZOZ .OOOSq8 1988-1991 11Z .000301 ~ 9Z .O00Zq7 1983 16Z .000~38 199Z 9Z .O00Z~7 ZOOZ 6Z .00016~ 1984 11Z .000S01 1993-199q 7Z .OO019Z gOOS 5Z .000137 1985 13Z .OOOSS6 1995-1998 9Z .000Iq7 ZO0¢ ~Z ,O001lO 1986 IOZ .OOOZ7~ 1999 7Z .00019Z 1987 lOX .OOOZTq ZOO0 7Z .00019Z --Interest is calculated as follows: INTEREST = BALANCE OF TAX UNPAID X NUNBER OF DAYS DELINQUENT X DALLY TNTEREST FACTOR --Any Notice issued after the tax becomes delinquent will reflect an interest calculation to fifteen (IS) days beyond the date of the assessment. If payment is made after the interest computation date shown on the Notice, additional interest must bm calculated. u_ c:) LLJ (..") '. f..i:: 1.:._ C::.; C.., L.'..J (:,:) C,- C~') ~; L",> C.c: STATUS REPORT UNDER RULE 6.12 Name of Decedent: HELEN F. WALLACE Date of Death: 6/6/2004 Will No. 21 - 04 - 0590 Admin. No. 2104 - 0590 Pursuant to Rule 6. 12 of the Supreme Court Orphans' Court Rules, I report the following with respect to completion of the administration of the above-captioned estate: I . State whether administration of the estate is complete: Yes X No 2 . If the answer is No, state when the personal representative reasonably believes that the administration will be complete: 3 . If the answer to No. I is Yes, state the following: a. account with the Court? Did the personal representative file a final Yes No X b . The separate Orphans' Court No. (if any) for the personal representative's account is : N/A c . Did the personal representative state an account informally to the parties in interest? Yes X No d. Copies of receipts, releases, joinders and approvals of formal or informal accounts may be filed with the Clerk of the Orphans' Court and may be attached to this,'€POj9 (~Avt2~ l A/ ~ Date: 1/21/2005 \.,./ I Signature ( HAROLD S. IRWIN. III Name (Please type or print) 64 SOUTH PITT STREET CARLISLE PA 17013 Address r- ("') C") ( 717 ) - 2436090 Tel. No. r---- CC r=~: ~. ~<U) I-....,.::..'r.' LL1L"" ..:..J :.~:~ I U-~-L eL( cc..;.._ 0::::> <..) X Counsel for personal representative :iC 0.... ',~.-. ~ ..-/ Capacity : Personal Representative ~ Z ,",J:t -, en = = C'-J cI RELEASE I, GEORGE H. WALLACE, JR., hereby acknowledge that I have this day had and received from the executors and HAROLD S. IRWIN, III, the legal counsel for the ESTATE OF HELEN F. WALLACE, deceased, the sum of Four Hundred Sixty-six and 42 /100 ($466.42) Dollars in satisfaction and payment of my share in the estate. AND THEREFORE, I, the said GEORGE H. WALLACE, JR., by these presents remise, release, quit claim, and forever discharge the said executors and attorney, their heirs, executors and administrators, of and from the said share and of and from all actions, suits, payments, accounts, reckonings, claims and demands whatsoever, for or by reason thereof, or any other act, matter, cause or thing whatever, from the beginning of the world to the day of the date of these presents. And I hereby consent and agree that the Orphans' Court of Cumberland County may discharge the said executor and legal counsel as to this share upon application, without further notice to me. -th IN WITNESS WHEREOF, I have hereunto set my hand and seal the II day of January, 2005. '1~~ ~ H. WALLA' E, JR. (SEAL) COMMONWEALTH OF PENNSYLVANIA C J :SS: COUNTY OF IA,/'!'\hP ((r).f\t;:t On this, the l--r day of January, 2005, before me, the undersigned officer, personally appeared GEORGE H. WALLACE, JR., known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument, and acknowledged that he executed same for the purposes therein contained. In witness whereof, I hereunto set my hand and official seal. (SEAL) NoIadaI SeoI Judith A. Walter, NoIsry Pt.tlIIc Upper Allen Twp., Cumberland County My 0:mnIssi0n ExpllBS May 12. 2006 Member. f'enn8ylvania Association Of Notaries RELEASE I, ELAINE M SEIBERT, hereby acknowledge that I have this day had and received from the executors and HAROLD S. IRWIN, III, the legal counsel for the ESTATE OF HELEN F. WALLACE, deceased, the sum of Four Hundred Sixty-six and 42 /100 ($466.42) Dollars in satisfaction and payment of my share in the estate. AND THEREFORE, I, the said ELAINE M. SEIBERT, by these presents remise, release, quit claim, and forever discharge the said executors and attorney, their heirs, executors and administrators, of and from the said share and of and from all actions, suits, payments, accounts, reckonings, claims and demands whatsoever, for or by reason thereof, or any other act, matter, cause or thing whatever, from the beginning of the world to the day of the date of these presents. And I hereby consent and agree that the Orphans' Court of Cumberland County may discharge the said executor and legal counsel as to this share upon application, without further notice to me. IN WITNESS WHEREOF, I have hereunto set my hand and seal the fa"" day of January, 2005. ~'AA - /;' < \..k~, J~(SEAL) ELAINE M. SEIBERT COMMONWEALTH OF PENNSYLVANIA COUNTY OF 0umb,r!ol\d On this, the 10. <-!:' day of January, 2005, before me, the undersigned officer, personally appeared ELAINE M. SEIBERT, known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument, and acknowledged that she executed same for the purposes therein contained. ;SS: 1~5-4~- 1/2/1 In witness whereof, I hereunto set my hand and official seal. COMMONWEALTH OF PENNSYLVANIA Notarial Seal ShalOO M. I..ehtMn. Notary Public Shiremanstl>M1 Bom, eumbel\alld eounty My <;ommission Expires f>(Jr. 8. 2008 . .,' Of Notaries Member. Pennsylvan!,-, AS$OCla Ion (In..rul av-.. fY1. Wvw-,o...-, Notary Public (SEAL)