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HomeMy WebLinkAbout08-12-101505607121 REV-1 rJOO Ex (06-05) OFFICIAL USE ONLY PA Deparbrlent of Revenue County Code Year File Nurr~a Bur~uoflrMrvidualTaxes INHERITANCE TAX RETURN Po eox 280601 2 1 0 9 1 1 0 7 Hartrsbu~ PA 1712&-0601 RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death Date of Birth 1 9 5 0 7 2 0 6 6 1 1 1 4 2 0 0 9 0 8 1 3 1 9 1 6 Decedent's Last Name Suffix Decedent's First Name MI L O V E A N T O N C (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name Spouse's Social Security Number FILL IN APPROPRIATE OVALS BELOW 0 1.Original Return 4. Limited Estate ® 6. Decedent Died Testate (Attach Copy of Will) 9. LRigation Proceeds Received THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS 2. Supplemental Retum 4a. Future Interest Compromise (date of death after 12-12-82) 7. Decedent Maintained a living Trust 1 (Attach Copy of Trust) 10. Spousal Poverty Credit (date of death between 12-31-91 and 1-1-95) MI 3. Remainder Retum (date of death prior to 12-13-82) 5. Federal Estate Tax Retum Required 8. Total Number of Safe Deposit Boxes 11. Election to tax under Sec. 9113(A) (Attach Sch. O) CORRESPONDENT -THIS SECTION MUST BE COMPLETED. ALL CORRESPO Name S U S A N H C O N F A I R Finn Name (If Applicable) R E A G E R & A D L E R P C First line of address 2 3 3 1 M A R K E T Second line of address City or Post Office C A M P H I L L S T R E E T AND CONFIDENTIAL TAX INFORNIATK)N SHOULD BE DIRECreD TO: Daytime Telephone Number 7 1 7 7 6 3 1 3 8 3 State ZIP Code P A 1 7 0 1 1 r~a REGI~i~R OF WILLS ONLY ._ ~' O t~~ c r:. ~ ~- u ~ ~, s c~ c> ~,- ; 1 ~ ' ~ ~ ., ~ -, N . . %- y ~~ ~ CO '"T ATE FILED ,_ `~~ -~7 F ~` Correspondent's e-mail address: SCONFAIRBREAGERADLERPC. COM UrMer peneMies of perjury, I dedere that I have examined this return, kldlldilg accompanying sd~edules and statements, and to the best of my knowledge and belief, k ie hue, cared and complete. Dederetion of preparer other than the personal representative b based on all information of which preparer has any knowledge. SIGf09TURE OF PERSOgIg,ESP01 IBLE FOFj FILING RETURN_ DATE Q ~„ 1436 HXRRIS STREET STATE COLLEGE PA 16803 SIGNATURE OF EPARER OTHER THAN REPRESENTATNE Q!~ / 2331 MARKET STREET CAMP HILL PA 17011 PLEASE USE ORIGINAL FORM ONLY aide 1 1505607121 1505607121 J~( ~'' D 1505607221 REV-1500 EX Decedents Social Security Number Decedents Name: A N T O N C• LOVE 1 9 5 0 7 2 0 6 6 RECAPITULATION 1. Real estate (schedule A> 1, 1 7 5 9 0 0. 0 0 ........................................ 2. stocks and Bonds (schedule B) 2. 6 0 9 2 3, 4 2 .................................. 3. Cbsery Held Corporation, Partnership or Sole-Proprietorship (Schedule C) ..... 3. 4. Mortgages & Notes Receivable (Schedule D) ........................ 4. 5. Cash, Bank Deposits 8 Miscellaneous Personal Property (Schedule E) ....... 5. 2 5 5 4 3 7. 7 3 6. Jointry Owned Property (Schedule F) ^ Separate Billing Requested ....... g• ' 7. Inter-Vlvos Transfers 8 Miscellaneous N n-Probate Property (Schedule G) ~ Separate Billing Requested ....... 7. 8. Total Gross Assets (total Lines 1-7) ........................... 8. 4 9 2 2 6 1. 1 5 9. Funeral Expenses & Administrative Costs (Schedule H) .. ..... ......... 9. 1 6 2 5 9. 8 1 10. Debts of Decedent, Mortgage Liabilities, 8 Liens (Schedule I) ... ......... 10. 8 5 2 8 , 7 0 11. Total Deductlona (total Linea 9 & 10) ............. ..... ......... 11. 2 4 7 8 8 . 5 1 12. Net Value of Estate (Line 8 minus Line 11) ........... ..... ......... 12. 4 6 7 4 7 2 • 6 4 13. Charitable and Governmental BequestslSec 9113 Trusts for which 2 0 D 0 0 0 an election to tax has not been made (Schedule J) .... ..... ......... 13. , 14. Net Value Subject to Tax (Line 12 minus Line 13) .... ..... ......... 14. 4 6 5 4 7 2 , 6 4 TAX COMPUTATION -SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 (a)(1.2)x.o _ 0. 0 0 15. 0. 0 0 16. Amount of Line 14 taxable at lineal rate x .0 _ 0. 0 D 1 g. 0. O D 17. Amount of Line 14 taxable 0 0 0 0 0 D at sibling rate X .12 . 17, . 18. Amount of Line 14 taxable 4 6 5 4 7 2 6 4 6 9 8 2 0 9 0 at collateral rate X .15 . 18. . 19. Tax Due ................................................19. 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT 1505607221 Side 2 6 9 8 2 0. 9 0 a 1505607221 RLN•1500 EX Pape 3 Decedent's Complete Address: File Number 21 09 1107 DECEDENTS NAME ANTON C• LOVE STREET ADDRESS 221 N• 36TH STREET CITi CARP HILL STATE PA ZIP 17011 Tax Payments and Credits: 1 • Tax Due (Page 2 Line 19) 2. CreditslPayments A. Spousal Poverty Credit B. Prig Payments 72 , 000.00 C. Discount 3 , 4 91.0 5 3. InterestlPenaky if applicable D. Interest E. Penalty (1) 69, 820.90 TaalCredits(A+B+C) (2) 75,491.05 Taal InteresUPenany (D + E) (3) o . D o 4. If tJne 2 is greater than Line 1 + Lice 3, enter the difference. This is the OVERPAYMENT. Fig in oval on Page 2, Llne 20 to request a refund. (4) 5 , 670.15 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) 0.00 A. Enter the interest on the tax due. (5A) B. Enter the total a line 5 +SA. This is the BALANCE DUE. (5B) 0.00 Make Check Payable to: REGISTER OF WILLS, AGENT PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No a. retain the use or income of the property transferred : .......................................................... ............ ^ b. retain the right to designate who shall use the property transferred or its insane : ................... ............ ^ c. retain a reversionary interest; a .................................................................................... ............ ^ d. receive the promise for life of either payments, benefits or care7 ........................................... ............ ^ 2. If death occurred after December 12,1982, did decedent transfer property within one year a death without receiving adequate consideration? ........................................................................... ............ ^ Q 3. Did decedent own an 'in trust fa' or payable upon death bank account or secudty at his a her death? ......... ^ 4. Did decedent own an Individual Retirement Account, annuity, a other non-probate property which contains a benefidary 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. ...., ~ , ~,. Fa dates a death on a after July 1,1994 and before January 1,1995, the tax rate imposed on the net value a transfers to or for the use a the surviving spouse is three (3) percent (72 P.s. §s11s (a) (1.1) (i))• For dates a death on or after January 1,1995, the lax rate imposed on the net value of transfers to a for the use a 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 a assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1,2000: The tax rate imposed on the net value of transfers from a deceased child twenty-0ne years a age a younger at death to or for the use a a natural parent, an adop8ve parent, a a stepparent a the child is zero (0) percent [72 P.S. §9116(a)(1.2)]. The tax rate imposed on the net value of transfers to or for the use a the decedent's lineal beneficiaries is four and one-half (4.5) percent, except as hoed in 72 P.S. §9116(1.2) (72 P.S. §9116(a)(1)j. The tax rate imposed on the net value of transfers to or for the use a the decedent's siblings is twelve (12) percent [72 P.S. §9116(aK1.3)]. A sibling is defined, under Section 9102, as an individual who has al least one parent in common with the decedent, whether by blood a adoption. REV-1502 EX + (6-98) SCHEDULE A COMMONWEALTH OF PENNSYLVANIA REAL ESTATE INHERfTANCE TAX RETURN RESIDENT DECEDENT FILE NUMBER ANTON C. LOVE 21 D9 1107 AN roal property owned soNy w a a twrsrd in eommon must be sported at (aB market value. Fav market value is defined es the price at which property would be exdranged hekeeen a wiNkg lwyer and a wtiNng seller. rreNher trekg compelled to troy or seti, botlr havkg reasonable knowledge of the relevant fact. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. 221 NORTH 36TH STREET, CAMP HILL, PENNSYLVANIA - 175,90D•00 SETTLMENT DATE 6/23/10 (SETTLEMENT SHEET ATTACHED) TOTAL (Also enter on line 1 (I(more space is needed insert additional sheets of tire same size) REV-1503 EX + (698) SCHEDULE B COMMONWEALTH of PENNSYLVANIA STOCKS ~ BONDS INHERITANCE TAX RETURN RESIDENT DECEDENT ANTON C• LOVE 21 09 1107 All property joMtlyoMmed wldl ripM of survhrorship must ba dktbsed on SeheduN F. ITEM I VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. 2,018 SHARES OF PPL STOCK 60,923.42 TOTAL (Also enter on line 2, Recapitulation) ~ S (If more SpaCa IS Oeeded, insert additional sheets Of the same size) REV-1508 EX + (8-08) SCHEDULE E CONNAONWFALTH of PENNSYLVANw CASH, BANK DEPOSITS, & MISC. IN RESIDENT DECEDENTRN PERSONAL PROPERTY ESTATE OF FILE NUMBER ANTON C. LOVE 21 09 1107 Include the proceeds of NHgation and the dab the proceeds were received by the estate. Ap joiMlYownsd wNh right of sunivo Inh p ant be dkebsed on ScheduN F. ITEM NUMBER DESCRIPTION VALUE AT DATE OF DEATH 1• WACHOVIA BANK N•A. - CHECKING XXXXXXXXX3748 77,890.95 PO BOX 40028, ROANOKE, VA 24D22-7313 2• WACHOVIA BANK N.A. - CHECKING XXXXXXXXX9410 25,661.11 PO BOX 40028, ROANOKE, VA 24022-7313 3. MEMBERS 1ST FEDERAL CREDIT UNION - SAVINGS XXXX-OD 36.92 5000 LOUISE DRIVE, MECHANICSBURG, PA 17055 4. MEMBERS 1ST FEDERAL CREDIT UNION - INVESTMENT SAVINGS XXXX-05 42,393.74 SOOD LOUISE DRIVE, MECHANICSBURG, PA 17055 5• MEMBERS 1ST FEDERAL CREDIT UNION - CD XXXX-40 103,953.53 5000 LOUISE DRIVE, MECHANICSBURG, PA 17055 b• REAL ESTATE TAX/SEWER/TRASH PRORATION CREDIT - TALE OF HOME 301.48 7. PERSONAL PROPERTY 500.00 8. CAR - 2000 LINCOLN CONTINENTAL 3,700.00 9• SPECIFIC BEQUEST OF SHOP EQUIPMENT, TOOLS AND PARTS TO 1,000.OD MICHAEL KELLY SAFE DEPOSIT BOX WITH WACHOVIA CLOSED PRIOR TO DEATH, NOTHING OF VALUE ZN BOX TOTAL (Also enter on line 5, Recapitulation) ~ S (If rrare space is needed, bsert addidonal sheets of the same sire) REV-1511 EX+(10.06) COMMONWEALTH OF PENNSYLVANIA INHERRANCE TAX RETURN SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS ESTATE OF FILE NUMBER ANTON C• LOVE 26 09 1107 Debts of decedent must be nryarfsd on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1. ADDITIONAL FUNERAL EXPENSES 269.13 B. 1 ADMINISTRATIVE COSTS: Personal Representative's Commissions Name of Personal Representetlve (s) Street Address City State Zip Year(s) Commission Pald: p. AtbmeyFees REAGER 8 ADLER, PC 2,600.00 3. Family Exemption: (N decedents address fa rat tire same as dainlants, attach explanation) Claimant Street Address ctiy state zip Relationship of Claimant to Decedent 4• Probate Fees CUMBERLAND COUNTY REGISTER OF WILLS 404.00 5 AwountanYsFees SUE REDMOND 645.00 6. Tax Relum Preparels Fees 7• LEGAL ADVERTISEMENT - CUMBERLAND COUNTY LAW JOURNAL 75.00 8• LEGAL ADVERTISEMENT - JOURNAL PUBLICATIONS 79.00 9- REAL ESTATE COMMISSION - SALE OF HOME 10,554.00 b0• REAL ESTATE TRANSFER TAX - SALE OF HOME 1,759.00 61• MISC• REAL ESTATE CHARGES - SALE OF HOME 290.00 12- TRAVEL EXPENSES FOR EXECUTRIX 84.68 TOTAL (Also enter on line 9, Recapitulation) i b b , 2 5 9.81 (h mae space h needed, inseR additional sheets of the same size) REV-7512 EX + (12-03) SCHEDULE 1 COMMONWEALTH OF PENNSYLVANIA DEBTS OF DECEDENT, INHERITANCE TAX RETURN RESIDENT MORTGAGE LIABILITIES >IR LIENS DECEDENT ~ ESTATE OF FILE NUMBER ANTON C. LOVE 21 09 1107 Repoli debts ineurnd by tlw deoedant prior to death which remained unpaid u of the date of death, includMg unreimbursed medkal expenaea. ITEM NUMBER DESCRIPTION VALUE AT DATE OF DEATH 1. PLUMBING BILL - MARK FUSS 197.16 2• NOTARY 5.00 3• CELL PHONE - CONSUMER CELLULAR 25.03 4. SNOW AND LAWN CARE - JEFFREY LAUVER 487.00 5. ELECTRIC - PPL 1,372.87 b. SEWER 8 TRASH - HAMPDEN TOWNSHIP 255.75 7. MEDICAL BILL - MILTON S• HERSHEY MEDICAL CENTER 600.00 8. HOME REPAIRS, PAINTING AND PAINTING SUPPLIES - LYNN BROOKS 9. FLOORING FOR HOME - LOWE'S 10. WATER - PA AMERICAN WATER 11. FLOOR DEPOSIT AND DINNER FOR WORKERS ON HOUSE - LOU KRAUS 12. PHONE - VERIZON 13. FURNITURE REMOVAL - SKIP'S HAULING SERVICE 14. MOVING ASSISTANCE - ANN CIELINSKI 15. CHECKED HOUSE - MARTIN ANSPACH 1,470.96 2,331.02 110.05 255.35 52.38 150.00 10o.ao 100.00 TOTAL (Also enter on line 10, Recapitulation) ~ f (If more space is needed, irtsert ~lditionel sf~s of the same sine) ' Continuation of REV-1500 Inheritance Tax Return Resident Decedent ANTON C. LOVE 21 09 1107 Decedent's Name page ~ File Number Schedule I -Debts of Decedent, Mortgage Liabilities, & Liens ITEM NUMBER DESCRIPTION AMOUNT 16• MOVING ASSITANCE - JAMES GIHENIO 100.00 17• PAINTING - TYLER BROOKS 45.00 18. 2010 COUNTY/TOWNSHIP REAL ESTATE TAXES - MICHAEL LANGEN 469.13 19• REFUND OF RETIREMENT MONEY - US TREASURY 277,00 20• TRASH REMOVAL - AUDREY PARR 125.00 SUBTOTAL SCHEDULEI 1,016.13 GRAND TOTALSCHEDULEI S 8,528.70 REV-1513 EX r (9.00) SCHEDULE) COMiAONWEALTH OF PENNSYLVANIA BENEFICIARIES INHERRANCE TAX RETURN RESIDENT DECEDENT ANTON C. COVE ~, ..e ~+ . n RELATIONSHIP TO DECEDENT au r AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not Lisa Trusteets) OF ESTATE I TAXABLE DISTRIBUTIONS [mdude M I drsma,uons, and trarafers under Sec. 9116 (a (1. )2 ) 1. MARGARET KRAUS Collateral 217,236.32 1436 HARRIS STREET STATE COLLEGE, PA 16803 2• MARY KELLY Collateral 217,236.32 7430 LAWYER ROAD CINCIANNATI, OH 45244 3• EDITH CASWELL - SPECIFIC BEQUEST Collateral 20,000.00 1915 COLONY GLEN LANE GEORGETOWN, TX 78626 4• TERI MCMENAMIN - SPECIFIC BEQUEST Collateral 3,000.00 107 JASON PLACE NORTH WALES, PA 19454 5- EILEEN OTTAVIANO - SPECIFIC BEQUEST Collateral 3,000.00 301 WASHINGTON LANE JENKINTOWN, PA 19046 6• DAVID KERNEN - SPECIFIC BEQUEST Collateral 3,000.00 4 OVERLOOK CIRCLE MEDIA, PA 19063 7. HORACE MELLOTT - SPECIFIC BEQUEST Collateral 1,000.00 622 RUNNEL AVENUE LEMOYNE, PA 17043 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 T HROUGH 18, AS APPROPRIATE, ON REV-1500 COVER SHEET II. NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAXIS NOT BEING MADE 1. B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS 1. CHURCH OF THE GOOD SHEPHERD - SPECIFIC BEQUEST 2,000.00 HARRISBURG CATHOLIC ADMINISTRATIVE SERVICES, INC• 4800 UNION DEPOSIT ROAD, HARRISBURG, PA 17111-3710 TOTAL OF PART II - ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET S 2, OOD • 00 ~n mue spachl is neeaea, mser[ aoomonal sneers of me same size) Continuation of REV-1500 Inheritance Tax Return Resident Decedent ANTON C. LOVE Decedents Name Paae 2 21 09 1107 Schedule J -Beneficiaries -1 RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSONS RECEIVING PROPERTY Do Not List Trustes(s OF ESTATE I TAXABLE DISTRIBUTIONS (include outright spousal distritwtions) 8. MICHAEL KELLY - SPECIFIC BEQUEST Collateral 1,000.00 8566 STONEY BRIDGE DRIVE CINCIANNATI, OH 45244 Collateral Collateral Collateral Collateral REV-1500 Discount, Interest and Penalty Worksheet Discount Calculation Total Amount Paid witl~in three calendar months of the decedent's date of death: 72, 000.Of] Discount: ,491.05 Interest Table Year Days Delinquent this time period Balance Due this year Interest this period Before 1981 1882 1983 1984 _ 1985 1986 1987 1988 throw h 1891 1992 1983 throw h 1994 1895 throw h 1888 1989 _ 2000 2001 _ 2002 2003 2004 2005 2006 2007 2008 2009 2010 TOTALS Penalty Calculation If the decedent's date of death was on or before March 31, 1993, insert the applicable amount: Total Balance Due on January 17, 1996: Penalty: M:\W I LLS\LOVEA. W ILL.AMD. DOC May 27, 2008 JR n LAST WILL AND TESTAMENT ~O OF ANION C. LOVE I, ANION C. LOVE of Camp Hill, Cumberland County, Pennsylvania, being of sound and disposing mind, memory and understanding, do hereby make, publish and declaze this my Last Will and Testament, hereby revoking any and all prior Wills and Codicils thereto by me at anytime heretofore made. 1. PAYMENT OF BURIAL EXPENSES AND DEBTS. I authorize my executor to pay all the expenses of (1) a funeral or memorial service; (2) the internment of my remains, including the costs of a gravesite, if necessary; and (3) the installation and inscription. of a suitable mazker at, and perpetual care of, the gravesite. I further direct my executor to pay all of my debts that my executor in his or her sole discretion may allow as claims against my estate. 2. SPECIFIC BEQUESTS. I give and bequeath the following: A. To EDITH CASWELL of Harrisburg, Pennsylvania, I give the sum of Twenty Thousand ($20,000.00) Dallazs. B. To TERI M~NAMIN of North Wales, Pennsylvania, I give the sum of Three ~ Thousand ($3,000.00) Dollars. C. i To EILEEN OTTAVIANO of Jenkintown, Pennsylvania, I give the sum of Three Thousand ($3,000.00) Dollars. D. ,To DAVID KERNAN of Media, Pennsylvania, I give the sum of Three .Thousand ($3,000.00) Dollars. E. ~'o the CHURCH OF THE GOOD SHEPHERD of Camp Hill, Pennsylvania, I give the sum of Two Thousand ($2,000.00) Dollars. F. ~"To HORACE MELLOTT, I give the sum of One Thousand ($1,000.00) Dollars. G. To MICHAEL F:ELLY of Cincinnati, Ohio, I give and bequeath all of my shop equipment, tools and parts. Anton C. Love H:\WILLS\LOVEA.WILL.AMD.DOC May 27, 2008 If my estate shall be insufficient to pay all bequests herein, I direct that the bequest to Edith Caswell shall be paid in full before any amounts aze paid on any other bequests. All other bequests shall abate proportionately, 3. DISPOSITION OF TANGIBLE PERSONAL PROPERTY. Except as otherwise disposed of elsewhere in my Will, I give all of my tangible personal property of every kind and description, including, but not limited to, books, pictures, clothing, articles of household or personal use or adornment, household furnishings and effects, and automotive vehicles and their accessories, but excluding any money, evidences of indebtedness, documents of title, and securities and property used in connection with the operation of any trade or business, to MARY KELLY and MARGARET KRAUS. 4. DISPOSITION OF RESIDUARY ESTATE. 4.1 Disaosition. All of the rest, residue and remainder of the property that I own at the time of my death, both real and personal, and of every kind and description, wherever situated, to which I may be legally or equitably entitled at the time of my death (my "residuary estate"), I give outright and absolutely, in equal shares, to MARY KELLY and MARGARET KRAUS. 4.2. In the event MARY KELLY or MARGARET KRAUS is not living on the sixtieth (60) day after the date of my death, I leave the share of that deceased person to her issue, per stirpes. 5. POWERS OF ADMINISTRATION. 5.1. Grant of Powers. My executor, in the administration of my estate, (my "fiduciaries") shall have the powers and authorities set forth in this Article 5. These powers and authorities maybe exercised by my executor and trustee in their sole and absolute discretion, without the permission or order of any court. These powers shall be supplementary to those conferred by law, including, but not limited to, those set forth in Title 20, Chapter 33, of the Pennsylvania Consolidated Statutes. 5.2. Retention of Assets. My fiduciaries shall have the power to retain any or all property of my estate, however received and acquired, for so long as they deem appropriate. This power may be exercised even though the property may not be of the type authorized by law for investment, and even though the retention may leave a disproportionately large amount of the value of my estate invested in one type of property. 5.3. Transfer of Assets. My fiduciaries shall have the power to sell, transfer, and convey any property, of whatever nature, including real property, and wherever situated, that I may own at the time of my death, or that may come into my estate or after my death. The sale, transfer, or conveyance maybe by public or private sale, at such tim , on 2 Anton C. Love H:\W ILLS\LOVEA. W ILL.AMD.DOC May 27, 2008 such terms and conditions, including selling price and credit, in such manner, and for any reason that my fiduciaries deem appropriate, including, but not limited to, the purpose of obtaining net proceeds to be distributed to my residuary beneficiaries. 5.4. Investment. My fiduciaries shall have the power to invest and reinvest any property in my estate in preferred and common stocks, bonds, notes, common trust funds (including any managed by any corporate fiduciary), interests in investments, trusts, mutual funds, leases, mortgages on property wherever located, and, generally, in any property and in proportions of property as my fiduciazies deem advisable, even though the investments are not of the character or proportions authorized by applicable law for the investment of the funds. 5.5. Power to Borrow. My fiduciaries shall have the power to borrow money for any purpose, for any periods of time, and on any terms and conditions as they deem advisable (including the power to borrow from any corporate fiduciary), and to pledge, mortgage, or otherwise encumber any property in my estate to secure repayment of any loan, as well as the power to renew existing loans either as maker or endorser. 5.6. Power to Hold Prouerty in Nominee Form. My fiduciaries shall have the power to hold any property in the name of a nominee or in bearer form. 5.7. Distribution in Cash or in Kind. My fiduciaries shall have the power to make distributions in cash or in kind, or partly in cash, in divided or undivided interests, as amended, or other applicable law, and to determine which assets shall be sold and which shall be distributed in kind, without notice to or consent by any beneficiary. 5.8. Distribution to Minors and Persons Under Disability. My fiduciaries shall have the power to make distributions or payments to or for the benefit of any beneficiary who is a minor, an incompetent, or who in the fiduciaries' judgment is incapacitated. The distributions or payments shall be made in any one or more of the following ways: (1) directly to the beneficiary; (2) directly to the creditor in payment of the debts or expenses of the beneficiary; (3) to the guardian of the person or estate of the beneficiary; (4) to any custodial parent of a minor beneficiary; (5) to a custodian for the beneficiary under any law related to gifts to minors, including to my fiduciaries in that capacity; or (6) to any other person who shall have the care and custody of the person of the beneficiary. There shall be no duty to see to the application of funds so paid, provided due care was exercised in the selection of the person to whom the funds were paid, and the receipt of the person shall be full acquittance of the fiduciaries. 5.9. Continuation or Liquidation of Business. My fiduciaries shall have the power to continue or to permit the continuation of any business, incorporated or 3 Anton C. Love H:\W ILLS\LOVEA. W ILL.AMD.DOC May 27, 2008 unincorporated, in which I may have any interest at the time of my death for any. period of time, or to liquidate the business on any terms as they deem appropriate. This power includes, but is not limited to (1) the power to invest additional sums in any business, even to the extent that my estate maybe invested largely or entirely in the business, without liability for any loss resulting from lack of diversification; (2) the power to act as or to select other persons to act as directors, officers, or employees of any business, to be compensated without regard to being a fiduciary under this Will; and (3) the power to make any other arrangements in regard to any business as my fiduciaries shall deem proper. 5.10. Emaloyment of Aeents. My fiduciaries shall have the power to employ and pay the compensation of any and all attorneys, agents, custodians, attorneys-in-fact, experts, investment counsel, accountants, bookkeepers, or other agents or providers of services as my fiduciaries deem advisable in the administration of my estate. 5.11. Commissions. My fiduciaries shall have the power to take reasonable commissions on account at any time during the administration of my estate without the approval of any beneficiary or of the court, but subject to allowance or disallowance on the settlement of the final accounts of my fiduciaries. 5.12. Third Partv Reliance. No person or corporation dealing with my executor shall be required to see to the application of any property paid or delivered to my executor, or to inquire into either the authority of my executor to enter into any transaction or the expediency or propriety of any transaction entered into by my executor. 5.13 Charitable Donations. In the event that any of my tangible personal property is donated to a charitable organization(s) then my fiduciary is instructed to use the value of said donation(s) as an inheritance tax deduction for any inheritance tax return which may be required to be filed as a consequence of my death. 6. PAYMENT OF DEATH TAXES. 6.1. Payment of Estate Taxes. I direct that all federal and Pennsylvania estate taxes payable as a result of taxes assessed on property passing under this Will shall be paid from my residuary estate as a part of the expenses of the administration of the estate. 6.2. Inheritance Tax. I direct that the Pennsylvania inheritance taxes payable as a result of my death, limited to taxes assessed on property passing under this Will, shall be paid out of my residuary estate and shall not be deducted or collected from any beneficiary under this Will or other transferee. 7. EXECUTOR. 7. I . Auuointment. I name, constitute, and appoint MARGARET KRAUS, as executrix of my estate. If MARGARET KRAUS shall not s ive me, shall not serv as 4 Anton C. Love H:\W ILLS\LOVEA.W ILL.AMD.DOC May 27, 2008 executor for any reason, or shall cease to serve as executor for any reason after appointment, MARY KELLY shall act as executrix in her place. 7.2. Bond Not Required. None of the individuals named in Section 7.1 shall be required to furnish a bond for the faithful performance of his duties as executor. 8. PRESUMPTION IN CASE OF SIMULTANEOUS DEATH. For the purposes of this Will, in determining whether a person has survived me or another person, a person shall not be deemed to have survived me or another person if he or she dies within sixty (60) days of my death or of the death of the other person. 9. LIABILITY OF EXECUTOR. My executor shall not at any time be liable for mistake of law or of fact, or both law and fact, or errors of judgment, nor for any loss coming to any beneficiary under this Will, or to any other persons, except through actual fraud or willful misconduct on the part of the executor or trustee. My executor may, from time to time, consult with counsel with respect to the meaning, construction, and operation of this Will, particularly with respect to the appointments, allocations, and disbursements, and may act on the advice of counsel in all matters without incurring liability on account of his or her actions. 10. INTERPRETATION. 10.1 Successors of Fiduciaries. All pronouns referring to an executor and the term "executor" shall be construed to mean any person acting as my executor, co-executor, personal representative, or administrator, as the case may be. 10.2 Number and Gender. If required by the context of this Will, singular language shall be construed as plural, plural language shall be construed as singular, and the gender of personal pronouns shall be construed as either masculine, feminine, or neuter. 10.3 Headines. All headings used in this Will to describe the contents of each article, paragraph, or other division are provided for convenience only and shall not be construed to be a part of this Will. 10.4 Governine Law. This Will shall be construed in conformity with the law of the Commonwealth of Pennsylvania. .~ d 5 Anton C. Love H:\W I LLS\LOV EA. W I LL.AMD. DOC May 27, 2008 IN WITNESS WHEREOF, I have hereunto set my hand and seal to this, my Last Will and Testament, consisting of six (6) typewritten pa es, the first five (5 of which beaz my signature in the mazgin for the purpose of identification, this ~~day of , 2008. , D-Lt.,p~ ANTON C. LOVE, Testator Signed, sealed, published and declared by the above-named Testator, ANTON C. LOVE, as and for his Last Will and Testament, in the sight and presence of us, who, at his request, in his sight and presence and in the sight and presence of each other have hereunto subscribed our names as w'tn i esses. Witness 2 33 l /~'`7~~ Address /--~~4'~4 /Z~// o~ 1 , A ess a-- ~ /i 6 H:\W ILLS\LOVEA. W ILL.AMD.DOC May 27, 2008 COMMONWEALTH OF PENNSYLVANIA ) SS. COUNTY OF CUMBERLAND ) I, ANTON C. LOVE, THE TESTATOR, WHOSE NAME IS SIGNED TO THE FOREGOING INSTRUMENT, HAVING BEEN DULY QUALIFIED ACCORDING TO LAW, DO HEREBY ACKNOWLEDGE THAT I SIGNED AND EXECUTED THE INSTRUMENT AS MY LAST WILL AND TESTAMENT; THAT I SIGNED IT WILLINGLY; AND THAT I SIGNED Tf AS MY FREE AND VOLUNTARY ACT FOR THE PURPOSES THEREIN EXPRESSED. SWORN OR AFF I~TO AND ACKNOWLEDGED BEFORE ME BY ANTON C. LOVE, THE TESTATOR, THIS DAY OF , 2008, 0 AN ON C. LOVE n) J NOT Y UBLIC COMMONWEALTH OF PENNSYLVANIA Ndariai Seal COMMONWEALTH OF PENNSYLVANIA ) Jennifer arose. Wotary Public SS. ~P HIN Born, Cumberland County My Commission F~Ires Sept 11,2008 COUNTY OF CUMBERLAND ) ~,~ Membe~ennsylvania Association of Notaries WE, ~ ~-,~. ~ '~yt. ~a...` AND ~/!~/1 ~Z° /`~ • ~ll~- ~, THE WTTNESSES WHOSE NAMES ARE SIGNED TO THE FOREGOING INSTRUMENT, BEING DULY QUALIFIED ACCORDING TO LAW, DEPOSE AND SAY THAT WE WERE PRESENT AND SAW THE AFORESAID TESTATOR SIGN AND EXECUTE THE INSTRUMENT AS HIS LAST WILL AND TESTAMENT; THAT HE SIGNED WILLINGLY AND THAT HE EXECUTED IT' AS HIS FREE AND VOLUNTARY ACT FOR THE PURPOSES THEREIN EXPRESSED; THAT EACH OF U5 IN 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 TDv1E EIGHTEEN (18) OR MORE YEARS OF AGE, OF SOUND MIND AND UNDER NO CONSTRAINT OR UNDUE INFLUENCE. SWORN,QR AFFIRMED TO AND SUBSCRIBED TO BEFORE ME, _.-- O , 2008. r w)f~ NO UBLIC COMMONWEALTH OF PENNSYLVANIA Notarial Seel Jennifer arose. Notary Publc Camp HiN Born, Curberland My Commission Expires Sept 11112008 Member, Pennsylvania Association of Notaries 7 THIS~~ DAY OF • » € OMB Approval No. 2502-0265 ~~ A. Settlement Statement (HUD-1) AM" FINAL 1. ^ FHA 2. Q RHS 3. nX Conv. Unins. 6. File 10-332 4. Q VA 5. Q Conv. Ins. c:. note: This form Is furnished to give you a statement of actual settlement costs. Amounts paid to and by the settlement "(P•o.c)" were paid outside the Goring; they are shown here for informatlonal purposes and are not included in fhe totalsre shown. Items marked D. Name & Address of Borrower: E. Name & Address of Seller: JOY L NIXON THE ESTATE OF ANTON C. LOVE F. Name & Address of Lender: 1355 English Drive, Mechanifsburg, PA 17055 Wells Fargo Bank, N.A. 6155 Rockside Road, Ste. 115, Independence, OH 44131 G. Property Location: H. Settlement Agent: 221 NORTH 36TH STREET, HAMPDEN Homesale Setdement Services I• Settlement Date: 06/23/2010 TOWNSHIP Disbursement Date: 06/23/2010 CAMP HILL, PA 17011 Hampden Township Place of Settlement: TitleExpress 4309 Linglestown Road, 717.671-9876 Fax 717-671-9676, Printed 06/23/2010 at 10:50 am Hardsburp, PA 17112 ti.. Q.. ~ uuc. f Wf CfBVIr Or 803. Your adjusted 804. Appraisa fee 805. Credit report 806. Tax service 807. Flood certifier 808. . $6b~1iYm lax' tents ~ IViS°4.U11 aS t'©Itows: to rudentia omesa a ervrces Group to a a to Prudentia omesele Serv ces Group to a ak a tr ~n grnation Point % or 0.00) 495.0 (from GFE # 1) ;pee c interest rate c osen (from GFE #2) (from GFE A) to Res Direct (from GFE #3) to Rels (from GFE #3} b Trom GFE #3 to From GFE #3 to _ ,,.,p wue~~ s~.an er Initial deposit for your escrow account '' 11 11 mt or closing fee title insurance title insurance title oolicv limii! 1109. ~OR~indH 1201. Government tat title insurance premium the total title Insurance premium ~aiisCdr,.harllat ` -. .,wmvnaoecaemanr4ryal' e! 1301. Required services that you can sho fo 1302. Flood Life of Loan p r 1 03. Tax Service fee to Wells F o Flood Ins. Inc. 1304. Home Warranty to WF RETS 1305. Tax art. Reimbursement to American Home Shield .1306. Deed Prep. to Homesale Settlement Servic 1307. Notary fee to Walak and Waltz 1308. SewedTrash (Ju y, Aug Sept to Nota Public , to Ham en Townshi 'rr ~ . ~. "Paid outside of closing by (B)orrower, (S)eller, (L)ender, (I)nvestor, Bro(K)er Borrower's ~ellePg _Funds at Funds at' $140,000.00 15. years 4.2500% $1,053.19 inclu []X Pdncipal Q Interest ^ Mortgage Ir XI~ No. ~ y will be on / / date, your inters; interest rate is a; Q No. ~ Ye; 0 No. ~ Yes amount owed can The maximum it ce XC~ No. ~ Yes, []X No. ~ Yes, years on / / ^ You do not hav and homeowner's it XI~ You have an a< that results In a total mortgage insurance ~]X Property taxes n Fbod insurance ., it can rise to a maximum of and can change again every rate can Increase or decrease by ranteed to never be tower than it can dse to a maximum of $ the first increase can be on / ! se to $ , i ever rise to is $ , °k. The first change years after / / .Every change %. Over the life of the loan, your or higher than °~, and the monthly r maximum prepayment penalty is $ , have a balloon payment of $ due in a monthly escrow payment for items, such as property taxes uance. You must pay these items directly yourself. Donal monthly escrow payment of $228.71 iltial monthly amount owed of $1,281.90. This includes principal interest, rd any items checked below: QX Homeowner's insurance Note: If you have any questions about the Settlement Charges and Loan Terms listed n this form, please contact your lender. I have careful) revi HUD CERTIFICATION OF BUYER AND SELLER Y the HUD-1 Settlement Statement and to the best of my knowledge end belief, it is a true and accurate statement of all receipts and disbursements de my account or by me in this transadlon. l further ~aq_ certify that I have received a copy of the HUQ1 Settlement Statement. ~" "v"'r ~eaentent Statement which I have prepared is a true and accurate account of this transactlon. I have caused or wig cause the funds to be disbursed in accordance with this statement SETTLEMENTAGENT~ DATE ARNING: IT IS A CRIME TO KNOWINGLY INP,KE FALSE STATEMENTS TO THE UNITED STATES ON THIS OR ANY SIMILAR FORM. PENALTIES UPON )NVICTION CAN INCLUDE A FINE AND IMPRISONMENT, FOR DETAILS SEE TITLE 18: U.S. CODE SECTION 1001 AND SECTION 1010. :vlous editions are obsolete i nt ESTATE ~1NTON C. LOVE ~' -'~`