HomeMy WebLinkAbout08-26-101505610143
REV-1500 Ex (0,_10>
OFFICIAL USE ONLY
PA Department of Revenue pennsylvania County Code Year File Number
Bureau of Individual Taxes DEPARTMENT OF REVENUE
PO 60X.280601 INHERITANCE TAX RETURN 21 ~ ,~ () NCO '~
Harrisburg, PA 17128-0601 RESIDENT DECEDENT
ENTER DECEDENT INFORMATION BELOW
Social Security Number Date of Death Date of Birth
202 20 4520 10 27 1999 10 31 1927
Decedent's Last Name Suffix Decedent's First Name MI
WALTERS SR. EARL C
(If Applicable) Enter Surviving Spouse's Information Below
Spouse's Last Name Suffix Spouse's First Name MI
WALTERS ARLENE M
Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPL{CATE WITH THE
REGISTER OF WILLS
FILL IN APPROPRIATE OVALS BELOW
X ' 1. Original Return ~
___, 2. Supplemental Return ~~ 3. Remainder Return (date of death
prior to 12-13-82)
a Limited Estate ~ 4a. Future Interest Compromise ~] 5. Federal Estate Tax Retum Required
(date of death after 12-12-82)
X 6 Decedent Died Testate I~I,
~ -~ ~ Decedent Maintained a Living Trust _ 8. Total Number Of Saf2 DepOSit BOX@S
(Attach Copy of Trust)
;Attach Copy of Wiil1
9. Litigation Proceeds Received ~L~ S ousal Povert Credit date of death `~
10 between 12-31 ~~ and 1(-1-95) L J 11.Election to tax under Sec. 9113(A)
(Attach Sch. O)
CORRESPONDENT -THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO:
Name Daytime Telephone Number
ROBERT C SAIDIS ESQ 717 243 6222 ~~..,
First line of address
26 WEST HIGH STREET
Second line of address
City or Post Office
CARLISLE
Correspondent's a-mail address:
State ZIP Code
PA
REGISTER OIT#LLS US~'~NLY' `
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fi~ 3
DATE FILED ~ -
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Under enaltles of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief,
~t is tr ,correct and complete. Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge.
SIGN T,URE OF PERSON RESP SIBLE FOR FILING RETURN DpAT-E
~ Arlene M. Walters G ~ ~~~
AD ESS
.926 Hawthorne treet Enola PA 17025
SIGNATU PREP, R THE AN REPF~jESENTA/T~'E DATE
._..~ (~-~(.~'_.~`%~ ~. ~'r /1~/„~l; / ~i(~ Robert C. Saidis Esq C;~~~G',~.~
ADDRESS / \/
26 West High Street, Carlisle, PA
Side 1
15~561U143 1505610143 J
J
1505610243
REV-1500 EX
Decedent's Social Security Number
Decedent's Name: Walters, Earl C. Sr. 2 02 2 0 4 52 0
RECAPITULATION
27,221.55
1 Real Estate (Schedule A) ..................................................................................... .. 1.
2. Stocks and Bonds (Schedule B) .......................................................................... .. 2.
3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C)....... .. 3.
4. Mortgages & Notes Receivable (Schedule D) ...................................................... .. 4.
5~ Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) ............. .. 5.
6. Jointly Owned Property (Schedule F) ^ Separate Billing Requested........... . 6.
7 Inter-Vivos Transfers & Miscellaneous -Probate Property
~
(Schedule G)
Separate Billing Requested........... . 7,
8. Total Gross Assets (total Lines 1-7) ................................................................... .. g. 2 7 , 2 21.5 5
9. Funeral Expenses 8~ Administrative Costs (Schedule H) ...................................... . 9.
648.50
10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) ............................. . 10.
11. Total Deductions (tota- Lines 9 & 10) ...........................................................
.......
. 11. 6 4 8 . 5 0
12. Net Value of Estate (Line 8 minus Line 11) ......................................................... . 12. 2 6 , 573.05
~ 3 Charitable and Governmental Bequests/Sec 9113 Trusts for which
an election to tax has not been made (Schedule J) .............................................. . 13.
14. Net Value Subject to Tax (Line 12 minus Line 13) .............................................. . 14. 2 6 , 5 7 3 . 0 5
TAX COMPUTATION -SEE INSTRUCTIONS FOR APPLICABLE RATES
15. Amount of Line 14 taxable
at the spousal tax rate, or
traan1 f2erXun0d0er Sec. 9116 2 6, 5 7 3. 0 5
( )( ) 15. 0. 0 0
16. Amount of Line 14 taxable
at lineal rate X .06 0. 0 0 16. 0. 0 0
17. Amount of Line 14 taxable
at sibling rate X .12 0. 0 0 17. O. O Q
18. Amount of Line 14 taxable
at collateral rate X .15 0. 0 0 18. 0. 0 0
19. Tax Due .......................................................................................................... 19. 0 . 0 0
20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT.
Side 2
~, 1505610243 1505610243
REV-1500 EX Page 3 File Number 21
Decedent's Complete Address:
DECEDENT'S NAME
Walters, Earl C. Sr. _ _ ,____ _____
STREET ADDRESS
926 Hawthorne Street _
CITY STATE ~ ZIP
I
Enola PA ' 17025
Tax Payments and Credits:
1 Tax Due (Page 2, Line 19) (1) 0.00
2. Credits/Payments
A. Prior Payments
B. Discount 0.00
Total Credits (A + B) (2) 0.00
3. Interest (3) ---- -
4 If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. (4)
Check box on Page 2 Line 20 to request a refund
5 If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5;i _ 0.~~
Make Check Payable to: REGISTER OF WILLS, AGENT.
PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS
1. Did decedent make a transfer and: Yes No
a. retain the use or income of the property transferred :............................................................................... ^ ^x
b. retain the right to designate who shall use the property transferred or its income :.................................. ~^11 ^x
c. retain a reversionary interest; or ............................................................................................................... u
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 C1 ^
receiving adequate consideration? .................................................................................................................... x
3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death?....... ^
4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which ~ .,
contains a beneficiary designation? .................................................................................................................. _j z lI
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 Jan. 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving
spouse is 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 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 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 21 years of age or younger at death to or for the use of a natural parent, an
adoptive parent, or a stepparent of the child is 0 percent [72 P.S. §9116 (a) (1.2)].
. The tax rate imposed on the net value of transfers to or for the use of the decedent"s lineal beneficiaries is 4.5 percent, except as noted in
72 P.S. §9116 1.2) [72 P.S. §9116 (a) (1 )].
. The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 12 percent [72 P.S. §9116 (a) (1.3)]. A
sibling is defined under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption.
Rev-1502 EX* (11-08j
SCHEDULE A
t , - i. REAL ESTATE
COMMONWEALTH OF PENNSYLVANIA I I
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF FILE NUMBER
Walters, Earl C. Sr. 21 _~ ~ -- ~, ~(~, ~
All real property owned solely or as a tenant in common must be reported at fair market value. Fair market value is defined as the price at which property would be
exchanged between a willing buyer and a willing seller, neither being compelled to buy or sell, both having reasonable knowledge of the relevant facts.
Real property which is jointly-owned with right of survivorship must be disclosed on schedule F.
Attach a copy of the settlement sheet if the property has been sold
Include a copy of the deed showing decedent°s interest if owned as tenant in common.
ITEM VALUE AT DATE
NUMBER DESCRIPTION OF DEATH
1 172 Animal Drive - A one-half tenant in common interest to all that certain messuage, 27,221.55
tenement and tract of land situate in the Township of Miles, Centre County, Pennsylvania,
more particularly described and bounded in Deed Book 368, Page 571 which deed was dated
May 3, 1977 recorded on May 3, 1977 in the Centre County Office of the Recorder of Deeds.
Being known as 172 Animal Drive with a tax parcel number of 15-008-,007F,0000-072-07. The
property value is $15,735 x the common level ratio of 3.46 = $54,443.10 divided by 2 =
$27,221.55
TOTAL (Also enter on Line 1, Recapitulation) I 27,221.55
(If more space is needed, additional pages of the same size)
Copyright (c) 2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule A (Rev. 11-08)
REV-1513 EX+ (11-08)
SCHEDULE J
COMMNHERITANCE~T~ RETURNANIA BENEFICIARIES
RESIDENT DECEDENT
ESTATE OF
Walters, Earl C. Sr.
FILE NUMBER
21 - !L~- ~~~`~
NAME AND ADDRESS OF RELATIONSHIP TO
SHARE OF ESTATE
AMOUNT OF ESTATE
NUMBER PERSON(Sl RECEIVING PROPERTY DECEDENT (Words) ($$$
oo N i t r s )
I TAXABLE DISTRIBUTIONS [include outright spousal
distributions, and transfers
under Sec. 9116 a 1.2
Arlene M. Walters Spouse One hundred 26,573.05
926 Hawthorne Street percent (100%)
Enola, PA 17025
Total 26,573.05
Enter dollar amounts for distributions shown above on lines 15 throu h 18 on Rev 150 0 cover sheet, as a r o riate.
NON-TAXABLE DISTRIBUTIONS:
Ij• A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN
B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS
TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET
Copyright (c) 2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule J (Rev. 11-08)
T .D ~rP TnTTT .T .
~MER & McPHERSON
Attorneys at Law
I, EARL C. T~1I,z<ERS, of Enola, C~ur~berland County, Pennsylvania,
declare this to be my Last Will, hereby revoking all prior Wills and
Codicils.
FIRST: I direct that the expenses of my last illness and funeral
be paid out of my estate as soon after my death as is convenient and
expeditious in the judgrr~nt of my Executrix, hereinafter named.
SECOND: I give, devise and bequeath all my property, to my beloved
wife, Arlene M. Walters, provided she suv-vive me by a period of thirty
days.
THIRD: Should my wife, Arlene M. Walters, predecease me or die on
or before the thi.rtie~t.h day following my death, I give, devise and
bequea~,_h ~' estate to my four children, or their then-living issue, in
equal shares, share and share alike.
FOURTH : Ali es*4.ate , inheri~,_ance and o~~.her death taxes , toge~`her
with any interest and penalties payable with respect to property or
interests therein subject to taxation by reason of my death and whether
passing under my will or any codicil thereto, or otherwise, including
jointly held and other non-testamentary property shall be paid out of
the principal of my residuary estate without apportionment.
FIFTH: I hereby nom_isiate, constitute and appoint, my wife, 1-~'lene
M. Walters, Executrix of this my Last Will. Should my wife, Arlene M.
Walters, be unable to so serve for any reason whatsoever, then and in
that event, I nominate, constitute and appoint my son, Earl C. Walters,
Jr. I further direct that they shall not be required to post any bond
to secure the faithful perforn~zce of their duties in the Comm~nwealtri
of Penns_ylvar~ia or in any other jurisdiction.
. ~
IN WITNESS V~REOF, I have hereunto set my hand and seal to this my
?' Last Will , which consists of two ;2) sheets of paper, dated this ~~ )u day
'+ of June, 1987.
-:=_-- ii
.~ f r ~ of 't J ~-fz J
~~-~''~~- ~~ ~ ~ ~ ~~ (SEAL)
;;
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,;
Earl C. Walters
The writing contained on this and the one preceding page was signed
and sealed by Earl C. Walters and by him published and declared as his
Last Wiil, in the presence of us, who have hereunto s~,sbscribed our r~arr~s
as witnesses at his request, in his presence, and in the presencE of
each o~Lher .
i ~`~
-------
~'
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& McPHERSON i
-Heys at Law
I
~'
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i CON~I`JWE~LTH OF PIl~TNS~'I.,VI=~NIFi)
SS
R COUIti~' OF PERRY )
i
<< I, Earl C. Walters, testator, whose narr~ is signed to the attached
or foregoing instzzarr~ent, having been duly qualified according to law, do
hereby acknowledge that I signed and executed the instrument as my Last
~! Will; that I signed it willingly; and that I signed it as my free and
voluntary act for ~.1ze purposes therein expressed.
"I
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f
~,
`~ SWORN or affirmed to and acknowledged
before me by, Earl C. Walters,
testator this -?~' r~day of June, 187.
1!
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& McPHERSON
Heys at Law
! CUMN~)NWF;f~~LTH UF' PEI~TNSYLVAN~
~~ )SS
COUNTY OF' PEREY )
We, ~~, '~ - ~-' ' ~ ~~ ~~ ~~~; ~~~•~~,~. and - ~,-,~ 1~`"%< %~'~: .,~r.
the witnesses whose names are signed to the attached or foregoing
instnur~ent, being duly qualified according to law, do depose and say
that we were present and saw testator sign and execute the instrument as
his Last brill; that Earl C. Walters signed willingly and that he
executed it as his free and voluntary act for the purposes therein
eh~ressed; that each of us ire the hearing and sight of the testator
signed the will as witnesses; and that to the best of our knowledge the
testator was at the time 18 or n~re years of age, of sound mind and
under no constraint or undue influence.
f ~ ~~
~ ~ /
~~
~~~ ~~~-
i
{ ~ SWJRN or affirrc~d to and subscribed
! ' to before me by ~ _ . ~ _,_ : -~' ~~;~,~.
--
anct~ - ~, -, _ ~ %~ ~-:,~ ;~-.:~ ,witnesses,
this ~~ ~- r-day of Jane , l9 E 7 .
)'r
1!
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McPHERSON
is at Law
~,~~:111I~:1~]Tl' DEEI~~} t'rinteci ~i~ Ytanl.entionis IUU% L~uen Kecord Paper
~ ~~~
e„~i~~~.~~D~ ~.aa ~~
,. 1 ~ ,
1\~IADE the ~ -- day oI ~
in the year nineteen hundred and
BETWEEN FRANCIS LEROY 1OP1'ER and DORIS J. TOPPER, leis wife, of
R. D. 3, Coatesville, Pa. and LDWIN LESTER HOOVER and EllITH P.
HOOVER, hi.s wife, Star Route, R.D.I, Parkesburg, Pa., parties of
the first part, GRANTORS
A N D
EARL C. WALTERS, SR., of 92b Hawthorne Street, Enola, Pa.,
and EAR1~ C. WALTERS, JR. of 831 Honer Street, Enola, Pa. parties
of the second part, GRANTEES
WITNESSETH, That in consideration of Eight Thousand ($ 8 , 0 0 0 . 0 0 )
Dollars,
in hand pail, the receipt whereof is hereby acknowledged, the said grantors do hereby grant
and convey to the said grantee s, their he i_r s and assigns .
ALL that certain messuage, tenement and tract of land situate in
the Townshif~ of l4iles, County of Centre and State of Pennsylvania,
bounded and described as follows, to wit:
BEGINNING at an iron pin in line of lands of. the Commonwealth
of 1'eniisylvania , Department of ;='orest and ~7aters ; thence along
same South 86 degrees 20 minutes East a distance of '11.~~ feet to
an iron pin at a 9 inch roc}~ oak witness ; tl-rence south 1 degree
30 minutes Last a distance of 208 feet to an iron pin Uy a 4 inch
whits oak witness; thence along other premises now or late of
Lillian NI. Tyson, North 86 degrees 20 minutes west a distance of
416 feet to a 10 inch red oak witness on the easterly side of a
33 foot right of way; thence along said 33 foot right of way
North 1 degree 30 minutes west a distance of 208 feet to an iron
pin, the place of beginning. Containing 2 acres, more or less,
according to a survey by Marlin E. Wolfe, dated April 9, 1970.
The grantors also grant and convey to the grantees herein, their
heirs and assigns, an easement or right of way over the 33 foot
right of ~.~ay leading from the above described premises to the
Township 12oad, which right of way e~-tends a distance of appro~.imateli~
1767 feet from the westerly property line of the above described
premises to the Township Road, together with the full and free
right of ingress, egress and regress in, over and upon said right
of way to provide access to the above described premises, the same
to be used in common with all other persons having the right to
~.ise the same _
Being the same premises whicl~i became vested in Francis Topper,
one of the grantors herein, by deed from Lillian M. ~i'ysori, dated
May 9, 1970, and recorded in Centre County Deed Book Vol. 319
page 1.55.
AND the said grantor~vill speeia7-ly ~~~~Al~lit\N~l' ANI') FOREVER llIJhEND the property
hereby conveyed.
IN ~1'i`1'iVESS 111-IEREOF, said grantor sh<~e hereunto settll~~ ~-hand s and seals ,the
da}r and year first above-written.
CE13T'TFICATE OF RESIDENCE
I hereby certify, drat the precise residence of the graritee~ . herein is as follows:
- ~ , t
. ~ --
Attorney or Agent for Grantee
Cil~tntiil~iililzaiYtl ttf ~,~1',uili~luitliill
Centre ~'~~=
ilf ii~fll ~~ -- ... -- ---~ _ - ...._.......--~ . .....................
On this, the %j day of : ~ JL « .. I 197 "1 ,before me a Notary Publi c
/ i,
the undersigned ollicer, personally appeared Francis Leroy Topper and lloris J, loppei ,
-his wife, and Ed~~~in Lester Hoover & Edith P. Hoover, his wife,
known ur me (or satisfactorily proven) to be the persons whose names are subscribed to the within ~~
instrwnent, and acknowledged that they executed the same for the purpose therein
contained.
IN WITNESS ~~~HEREOF, I have hereunto set my hand and seal.
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On this, the day of 19 ,before me ~
i
~~ the undersigned o(6cez, personall}~ appeared ~~
~~
lu~own to me (or satisfactoril}- proven) to be the person whose name subscribed to the within ~!
instrument, and acknowledged that executed the same for the purpose therein ii
contained.
~,
1N ~1'I"I'i~]ESS ~~~}IEHEOF, I (rave hereunto set my band and seal. '~
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