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HomeMy WebLinkAbout06-28-10-t 1505607121 ~5 ~~-~ ~~O ~ ( ) PA Depe~r~ent of Revenue OFFICIAL U8E ONLY Bureaw of Indivi~i Taxes INHERITANCE TAX RETURN Po Box 280601 County Code Year File Number HarrisbtNp, PA 1712s-osol RESIDENT DECEDENT 2 1 0 9 0 9 8 2 ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death Date of Birth 1 8 6 2 6 3 15 8 0 9 2 8 2 0 0 9 1 1 2 8 1 9 2 1 Decedent's Last Name Suffix Decedent's First Name MI L I B B Y L U C I L L E C (ff Applicable) Enter Sunriving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI Spouse's Soaal Security Number FILL IN APPROPRIATE OVALS BELOW THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER qF WILLS © 1. Original Retum ~ 2. Supplemental Return ~ 3. Remainder Retum (date of death prior to 12-13-82) 4. Limited Estate ~ 4a. Future Interest Compromise (date of ~ 5. Federal Estate Tax Return Required death after 12-12-82) ® 6. Decedent Died Testate ~ 7. Decedent Maintained a Living Trust 8. Total Number of Safe Deposft Boxes (Attach Copy of Will) (Attach Copy of Trust) 9. Litigation Procaseds Received ~ 10. Spousal Povsrty Credit (date of death ~ 11. Election to tax under Sec. 9113(A) between 12-31-91 and 1-1-95) (Attach Sch. O) CORRESPONDENT -THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFID6NTUIL TAX INFORtNATpN SHOULD BE DIRECTED T0: Name Daytime Telephone Number JOSEPH C. MI CHETTI JR. 570 797 8651 Firm Name (If Applicable) D L U G E & MI C H E T T I First line of address 921 MARKET STREET Second line of address City or Post Office T R E V O RT ON State PA RE~3ISTER O(~IILLS USE O~ -~ t •• . T a ~~~ ~ 3,^'~. r, u ~ 1 ~y `/+~~) ~./ ( ) fir./ ~.;.~ C.. :~ DA>~ FINED ZIP Code l 1 7 8 8 1 '1~1 ~, ; ~ t-'i f-t-`I ti~7 _~ ~:' ..n ,~. `.,.,,.,7 ~,:r W=~~ ~~~ Correspondent's a-mail a~ress: MICHETTIC~PTD. NET Under penalties ~ perj~y, I decle+e that 1 have examined this rstum, ~ ~ schedules and atalementa, and b the beaE of my ~ and beef, it , oomect and oonpkb. Dedara8on of pn~panar other than the personal representative a based on aN kdonnation of which preparer hss am- knowledge. TORE OF PE RESPO FOR FILING RETURN DATE 6/22/2010 ADDRESS 822 U ROA HERNDON PA 17830 SIG RE OF SPARER THAN RE SENTATNE pA~ 6/22/2010 AD 921 M KET ST ET TREVORTON PA 17881 PLEASE USE ORIC3INAL FORM ONLY Side 1 1505607121 1505607121 J , 1505607221 REV-1500 EX Decedent's Social Security Number nr$ Name; LUCILLE C. LIBBY 1 8 6 2 6 3 1 5 8 RECAPITULATION 1. Real estate (Schedule A) ........................................ 1 • • 2 8 7 6 9 8 2. Stocks and Bonds (Schedule B) .................................. 2. . 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C) ..... 3. • 4. Mortgages & Notes Receivable (Schedule D) ........................ 4• • 1 2 5 3 1 9 9 1 5. party (Schedule E) Cash, Bank Deposes 8 Miscellaneous Personal Pro ... _ , , , 5. 6. Jointly Owned Property (Schedule F) ^ Separate BiNing Requested ....... s. 2 0 9 4 4 . 2 5 7. Inter-Vivos Transfers 8 Miscellaneous N -Probate Praperty t d l i R ~ 7 • ....... eques e l ng Separate Bi (Schedule G) . 1 4 9 1 4 1 1 4 8. Total Gross Assets (total Lines 1-7) ........................... 8. 3 1 2 6 1 5 0 9. Funeral Expenses 8 Administrative Costs (Schedule H g, ' 10. Debts of Decedent, Mortgage Liabilities, 8~ Liens (Schedule l) ..... ....... 10. • 3 1 2 6 1 5 0 11. Tote! Deductions (total lines 9 8 10) .................... ....... 11. 12 1 1 7 8 7 9 • 6 4 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) ........... ....... 13. • 1 1 7 8 7 ~ • 6 4 ............. 14. Net Value Subject to Tax (Line 12 minus Line 13) ..... 14. TAX COMPUTATION -SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 0 0 0 15 0. 0 0 . (a)(1.2) X .0 . 1 s. Amount of Line 14 taxable 6 9 4 1 1 9 4 3 1 2 3. 5 4 at lineal rate X .045 1 s. 17. Amount of Line 14 taxable 0 0 0 17 0 • 0 0 at sibling rate X .12 . 18. Amount of Line 14 taxable 4 8 4 6 7 7 0 7 2 7 0. 1 6 . at collateral rate X .15 18• 1 0 3 9 3. 7 0 19. Tax Due ......................................... ....... 19. 20. FILL IN THE OVAL {F YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT ^ Side 2 1505607221 1505607221 J REV-1500 EX Pags 3 File Number Decedent's C`arnnlete Address: 21 09 0982 DECEDENTS NAIVE: LUCILLE C. LIBBY STREET ADDRESS 4827 BAST TRINDLE RDAD - CITY _ MECHANICSBURG STATE PA Z{P 17050 Tax Payments and Credits: 1. Tax Due (Page 2 Une 19) (1) 10,393.70 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount Total Credits (A + B + C) (2) 0.00 3. Interest/Penalty ff applic~le D. Ingest E. Penalty Total InteresUPenalty (D + E ) 4. If Line 2 is greater than line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Fiq in oval on Page 2, Une 20 to request a refund. 5. ff Line 1 + Une 3 is greater than Line 2, enter the difference. This is the TAX DUf. A. Enter the interest on the tax due. B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (3) 0.00 (4) 0.00 (5) 10,393.70 (5A) (5B) 10,393.70 Make Check Payable to: REGISTER OF WILLS, AGEHT 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 cor-sideration? ................................................................................ " " ....... ^ 0 or payable upon death bank account or security at his or her death? .. intrust for 3. Did decedent own an ....... 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? ........................................................................................... ....... ^ IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. For dates of death on or after July 1,1994 and before January 1,1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is three (3) percent [72 P.S. §9116 (a) (1.1) (i)]. For dates of death on or after January 1,1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is zero (0) percent (72 P.S. §9116 (a) (1.1) (ii)]. The statute does not exempt 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 benef-ciary. For dates of death on or after July 1, 2000: The tax rate imposed on the net value of transfers from a deceased child twenty-one years of age or younger at death to or for the use of a natural parent, an adoptive parent, or a stepparent of the child ys zero (0) percent ]72 P.5. §9116(x)(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(aK1)]. 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(x)(1.3)]. Asibling is defined, under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. REV-1503 EX + (ti-fib) ~~~~~~~ COMMONWEALTH OF PENNSm.VANw STOCKS & 80NDS INHERITANCE TAX RETURN RESIDENT DECEDENt ESTATE OF FILE NUt1~ER LUCILLE C. LIBBY 21 09 0982 AN property joiintyl-ownrd w~h right of:urvivorst~ mu:t b~ discbssd on ScINduM F. ITEM VALUE AT DATE NUMBER DESCRIPTION 1. U.S. Savings Bond OF DEAT 108.45 $25.00 face -Series E, issued April 1980 2. U.S. Savings Bond 107.41 $25.00 face -Series E, issued May 1980 3. U.S. Savings Bond 160.90 $50.00 face -Series EE, issued July 1980 4. Edward Jones Account #270-09648 2,437.50 5. General American Mutual Holding Company Account #00002731711 TOTAL (Also enter on tine 2, Recapitulation) ~ : (If more space a needed, insert additional sheela of the same side) 62.72 98 REV-1508 EX + {6.88) , COMMOMWEALTH OF PENNSYLVANIA tNHERn-ANCE TAX RETUt~N ~~~~Q~~~ CASH, BANK DEPOSITS, ~ MISC. PERSONAL PROPERTY ESTATE OF FILE R LUC{LLE C. LIBBY 21 09 0982 trx~ude the p of ~a~on and 1Me date the ooeeda w~ene received b~- the estate. MI >proverty la with rl~ of:nrvhrors nwd be e~cloeed oa Schedo~ F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. Cash of the decedent 192.50 2. 2006 Buick Lacrosse VtN #2G4WD582461219201 10,500.00 as appraised by Freysinger Pontiac, a copy of appraisal attached hereto 3. Appliances of decedent as sold privately 200.00 4. Personal Property of Decedent as sold at public auction 3,443.50 by Dockey Auction Service 5. PNC Certificate of Deposit 64,887.30 Account No. 31800269133 6. Citizens Bank Checking Account 2,500.20 #6100706060 7. Citizens Bank Certificate of Deposit 43,596.41 #6243-925841 TOTAL (Also enter ~ i'me 5, Recapitulatiat) ~ i 125, 319.91 ~~ I~r (tt move space ~ needed,. insert actdifional Sheets ~ the Sarrle 8i~a) REV-1509 EX + (8,98) , COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN SCH~~1U LE F JOINTLY-OWNED PROPERTY ESTATE OF F~.E NUMBER LUCILLE C. LIBBY 21 09 0982 M an asset vws made joint within one year of tM decedenCs dab of loth, k must be nporbsd on ScheduN G. 5URVMNG JOINT TENANT(S) NAME A. DEANNA L. TOUPS ADDRESS 309 CHERYL AVENUE MECHANICSBURG, PA 17055 TIONSHIP TO DECEDENT STEP-DAUGHTER s c _IAWTLY.OMYI~D PROPERTY: ITEM NUMBER LETTER FOR JOINT TENANT DATE MADE JOINT DESCWPTION OF PROPERTY INCLUDE NAME OF FINANCIAL ItVSTRUTtON AND BAl~t ACCOUNT NUMBER OR SIMILAR IDENTIFYING NUMBER ATTACH DEED FORJOINTLY-HELD REAL ESTATE. DATE OF DEATH VALUE OF ASSET % OF DECD'S INTEREST DATE OF DEATH VALUE OF I~CEDENT'S INTEREST 1. A. 9/2003 PNC CHECKING ACCOUNT 41.,888.50 50. 20,944.25 No. 5140038003 TOTAL (Also enter on line 6, Recapitulation) ` S 20,944.25 (If moos speoe is needed, 't addhionai sheets ~ the same size) REV-1511 EX + (10-Q8) , COMMONWEALTH OF PENNSYLVANIA INHERrrANCE TAX RETURN SCl~i~1~E H FUNERAL EXPENSES & ADMINISTRATIVE COSTS ESTATE OF FILE tRJ~ER LUCILLE C. LIBBY 21 09 0982 Debts of decedent must be roported on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1. Boyd Myers Funeral Home -funeral expense 9,408.00 2. Rolling Green Cemetery -funeral expense 4,396.00 B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Name ~ Personal Representative (s) BONNIE WOLFE street Address 822 Urban Road cry Herndon state P~ zip 17830 Year(s) Commission Paid: 2010 7,800.00 2. Attorney Fees Joseph C. Michetti, Jr. 5,175.00 3, Family Exemption: (If decedent's address is not the same as daimanCs, attach explanation) Claimant Street Address C;~ State Zip Relationship of Claimant to Decedent 4, Probate Fees and short certificates 314.00 5 AooountanCs Fees 6. Tax Reborn Pr~arer's Fees 7. Dockey Auction Services -commission and costs on sale of personal property 930.05 8. Edward Jones -commission on sale of stock 75.27 9. Matt Bodnor -labor for moving of personal property for public auction 200.00 10. Brad Williams -labor for moving of personal property for public auction 100.00 11. PPL Electric Utilities -electric service due 38.18 12. Murrel R. Walters, III -attorney fees due 2,625.00 13. Reserve for administration 200.00 TOTAL (Also enter on line 9, Rec~itutation) = 31.261.50 (If rrrore space is needed, insert additiona4 sheets of the same size) REV-1513 EX + (9-00) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE J BENEFICIARIES ESTATE OF Fi1.E NUIYI~R LUGLLE C. LIBBY 21 09 0982 RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON{S) RECEIVING PROPERTY Do Not List Trustees) OF ESTATE I_ TAXABLE DISTRIBUTIONS [inc~de ht spousal distributions, and trat>sfers under Sec. 9116 (a (1. )2 1. THOMAS A. LIBBY Lineal 24,233.85 259 EUCLID AVENUE, DAYTONA BEACH, FL 32118 (1/2 FURNITURE 8~ 25% RESIDUARY) 2. DEANNA L. TOUPS Lineal 45,178.09 309 CHERYL AVENUE, MECHANiCSBURG, PA 17055 (1/2 FURNITURE 8~ 25% RESIDUARY) 3. BONNIE WOLFS Collateral * 822 URBAN ROAD, HERNDON, PA 17630 4. JOAN HAUSSNER Collateral 10760 RIDGEVIEW ACRES, CORNING, NY 14830 5. PATRICIA EDWARDS Collateral 1200 LONG RUN ROAD, MILL HALL, PA 17751 6. SHIRLEY RUPERT Collateral 132 SPLIT PINE LANE, HOWARD, PA 16841 7. RICHARD BRUNGARD Collateral 25~ LANG LANE, MILL HALL, PA 17751 3 _ 7 ~ ~ to be divided by the Executrix 48,467.70 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 1$, AS APPROPRIATE, ON REV-1500 COVER SHEET jj, NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX 1S NOT BEING MADE 1 B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS 1 TOTAL ~ PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET ~ i (If more space is needed, insert additions sheets of the same size) Continuation of REV-1500 Inheritance Tax Return Resident Decedent LUCILLE C. LIBBY Decedent's Name Page 1 21 09 0982 File Number Schedule J -Beneficiaries -1 NUMBER NAME AND ADDRESS OF PERSONS RECEIVING PROPERTY RELATIONSHIP TO DECEDENT Do Not Lbt T s AMOUNT OR SHARE OF ESTATE I TAXABLE DISTRIBUTIONS (include outright spousal distributions) NOTE: First named beneficiary, RALPH T. LIBBY, her husband, passed away on July 25, 2009 Also, beneficiary JACK BRUNGARD predeceased the decedent. LAST WILL AMD TFSTAMl&~T BE IT REMEMBERED THAT I, LUCILLE C. LIBBY, a resident of Cumberland County, Pennsylvania, being of sound mind, memory and understanding, do make, publish and declare this to be my LAST WILL AND TESTAMENT, hereby revokfng any and all Wills and Codicils .previously made by me. I I declare that I am married to RALPH T. LIBBY, and that I have two stepchildren, THOMAS A. LIBBY and DEANNA L. TOUPS. II I direct that all my just debts and funeral expenses shall be paid from my residuary estate as soon as practicable after my decease. III I direct that all taxes that may be assessed in consequence of my death, of whatever nature and by whatever jurisdiction imposed, shall be paid from my residuary estate as a part of the expense of.the administration of my estate. IV If my husband, RALPH T. LIBBY, shall predecease or fait to survive me by thirty (30) days, I give, devise and bequeath all of my property, whether real or personal, wherever situate, including an property over which I may have a power of appointment, as follows: One-half (1 /2) of the furniture and twenty-five (2S%) per cent of the residue to my stepson, THOMAS A. LIBBY, per stirpes. One-half (1 / 2) of the furniture and twenty-five (25%) per cent of the residue to my stepdaughter, DEANNA L. TOUPS, per stirpes. Fifty (SO%) percent of the residue to be divided among my nieces and nephews, BONNIE WOLFS, JOAN I3AUSSNER, FATRICIA EDWARDS, SHIRLEY _ RUPERT, JACK BRUNGARD and RICHARD BRUNGARD, who survive me, as my niece BONNIE WOLFS shall in her sole discretion decide to allocate. This shall include the salt, cellars with cupboard, antique rocker, Fostoria dishes, cookware except stainless steel, 2 gateleg tables, organ stool, dishes except ironstone, jewelry, clothing, quits, S vervvare, ~' ~ _.__~...._ . _ . . and linens, kerosene lamps, hanging pictures, hanging mirror, antique cupboard, trunk and chest of drawers. IX I nominate, constitute and. appoint my niece, BONNIE WOLFE, as Executrix of this LAST WILL, to save without bond. If my .niece is unable or unwilling to act in that capacity, then I nominate, constitute and appoint my stepdaughter, DEANNA L. TOUPS, as Executrix ~ of this LAST WILL, to serve without bond. IN WITNESS WHEREOF, I, LUCILLE C. LSBHY, have set my hand to this LAST WILL this ~ ~ day of ., , 2003. r ~. L III C. LIBSY Signed, sealed, published and declared by the above-named LUCILLE C. LIBBY, as and for her Last Will and Testament, in the presence of us, who, t her request and in her presence, and in the presence of each other, have to subscribed our names as witnesses. , ~ _Pi~ ~~ (r. r ~+ µ~~~~~,~ ~pC, ~'' ~~Se,,y~~, ~ 17 ~R~1 j$~~1~~'R' CARS-IS~-'E p3K~' ~ ~C 6251 i ~ G ~ ~`'~ ~.....r- ,~. L~~ ~~ LQ aj vExlcL~ : ~, 5~a ~1~ 1 ~~ G IFIC~'TI~N ~o • • _ Gx~' HICT,E IDEN2 -~~~ ~~ ~ ~ a~~ ~ ~, :~ YES i o ~..- FAIR ~+"" VALE' AS OF . ~r R.G. ,D co~~~s . ~.~o~,'~rla~ AB~~'E _-- Ji~rw~'° t,~.l ~ S~ ~a ~~ Lsw OFFIC$B OF BOBBBT L. DLII(3B, J&. J03BPH C. MICHBTTI, J8. ANTOIJIO D. MICHBTTI DLUO~E 8c MICHETTI 921 MABHBT STBBBT TBEVO$TON, PA 17881 570-797-8631 FAx: 570 797-1879 Ms. Glenda Earner Strasbaugh Register of Wills Cumberland County Courthouse Qne Courthouse Square Carlisle, PA 17013-3387 Dear Ms. Strasbaugh June 24, 2010 BLY3BII&(3 OFFICB P.O. BOX 304 133 MT. CABMBL AVBNtTB BLY3BIIE(3, PA 17824 . c ~ `.,a a ~ ~~ ,, -~ ~. ~~ ~ ~ ~ ~~ -~-; i' :~ : Re : Estate of t~ucille C. Lil~b~y .~., -- .:: ~ c-~, `' File No. 2t~09~-00982 Enclosed please find a check to cover the $15.Q0 filing fee required in regard to the Inheritance Tax Return of the above captioned Estate. I am re-submitting the Inheritance Tax Returns and thank you for processing the inheritance tax check. Should you have any further questions, please feel free to contact me. Sincerely yours, JCM/tad ~~ Joseph C. Michetti, Jr. Enclosure A M ~ r +r-..' 9lSZL00000 ik i dd ,,~ ~ij 'r° 4 ~ N a ,~ r JO T~ +v M~ `"" . ... /~. ~~ +..~ ~ / ~"' ~ ~ ~ ~~.; war ~ ~, ~;~ G._ "1" ~.~~ ~ ~ ,..~. ii S" 't 4 ~ .. ~~~~ ~ .. .~~ ~ .. -~ ~ 6C1 ~ 00 ~ ~ N M .W o ~ ~ tt~ U tCS cn ~,, ~ =-~ . ~ x dl •-~ +~ U~ [~ ~ ~ r-1 b3O~ ~,~uoa ~°~~ Y~ ^ ^ ~ ^ O V~ C'? ~ N U . • b~ Q1 i~i O ~~:U V ..