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HomeMy WebLinkAbout09-27-10 1505610140 REV-1500 EX ~°'-'°) PA Department of Revenue OFFICIAL USE ONLY Bureau of Individual Taxes County Code Year File Number Ha rg bur28PA 17128-0601 INHERITANCE TAX RETURN 2 1 1 0 0 4 0 8 ENTER DECEDENT INFORMATION BELOW RESIDENT DECEDENT Social Security Number Date of Death MMDDYYYY Date of Birth MMDDYYYY 1 8 6 3 0 6 4 6 6 0 9 1 5 2 0 0 9 0 6 2 1 1 9 3 6 Decedent's Last Name STAVE R Suffix Decedent's First Name J R J A M E S (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix STAVE R Spouse's Social Security Number FILL IN APPROPRIATE OVALS BELOW 0 1. Original Return Spouse's First Name N E L L I E THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS MI H MI R 2. Supplemental Return ~ 3. Remainder Return (date of death 4. Limited Estate ~ 4a. Future Interest Compromise (date of d prior to 12-13-82) ~ 5. Federal Estate Tax Return Required eath after 12-12-82) OX 6. Decedent Died Testate ~ 7. Decedent Maintained a Livin Trust g ~ (Attach Copy of Will) (Attach Copy of Trust) 9 Liti ati P 8. Total Number of Safe Deposit Boxes . g on roceeds Received ~ 10. Spousal Poverty Credit (date of death b t 11. Election to tax under Sec 9113(A) e ween 12-31-91 and 1-1-95) . (Attach Sch. O) CORRESPONDENT -THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION N ame SHOULD BE DIRECTED TO: J OEL R. ZUL L I NGER Daytime Telephone Number "~' 7 1 7 2~6 4 6~ 2 9 ; `'; . G ~ z- .: ~ REGISTER; LLS USE~LY First line of address ~- ~ _ ~ c ~~' ~ rrn N C ~.._? `..-'-, ';- 1 4 NORTH MAI N STREET `-'r'te -° Second line of address `-~ C.._ ~ - _ ' ; 1 S U I T E 2 0 0 _ ~-~-I`' N o .~, ~ -' c~ City or Post Office State ZIP Code DATE FILED C H A M B E R S B U R G P A 1 7 2 0 1 Correspondent's a-mail address: Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief it is true, correct an tion of preparer other than the personal re resent ti i p a ve s based on all i SIGNAT OF P N RESPOJZI$IBLE F R FILING RETURN , nformation of which preparer has any knowledge. / OUt/-J DATE ~ ADDRESS "'-~~, - U~ o 127 KLINE ROAD SHIPPENSBURG PA 17257 SI E OF PR PAR OAR THAN REP ESENTATIVE DATE ADD S ~ ~ ~. 14 ORTH MAI EET, SUI 200 CHAMBERSBURG PA 17201 PLEASE USE ORIGINAL FORM ONLY Side 1 L 1505610140 1505610140 J l', REV-1500 EX 1505610240 Decedent's Social Security Number Decedent's Name: JAMES H. STAYER JR 1 8 6 3 0 6 4 6 6 RECAPITULATION 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 and Notes Receivable (Schedule D) ....................... ... 4. 5. Cash, Bank Deposits and Miscellaneous Personal Property (Schedule E).... ... 5. 0 . 0 0 6. Jointly Owned Property (Schedule F) ^ Separate Billing Requested .... .. 6 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property . . (Schedule G) ^ Separate Billing Requested .... ... 7. 8. Total Gross Assets (total Lines 1 through 7) ........................ ... 8. 0 ~ 0 0 9. Funeral Expenses and Administrative Costs (Schedule H) ................ .. 9. 10. Debts of Decedent, Mortgage Liabilities, and Liens (Schedule I) ........... .. 10. 11. Total Deductions (total Lines 9 and 10) ............................. .. 11. 12. Net Value of Estate (Line 8 minus Line 11) .......................... .. 12. 0 0 0 13. 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. 0 . 0 0 TAX CALCULATION -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 .0 0. 0 0 15. 0 0 0 16. Amount of Line 14 taxable . at lineal rate x .0 0. 0 0 16, 0. 0 0 17. Amount of Line 14 taxable at sibling rate X .12 0 0 0 17. 0 0 0 18. Amount of Line 14 taxable . at collateral rate X .15 0. 0 0 1 g. 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 L 1505610240 1505610240 J REV-1500 EX Page 3 Decedent's Complete Address: DECEDENT'S NAME JAMES H. STAYER, JR STREET ADDRESS 127 Kline Road ciTY Tax Payments and Credits: ~ • Tax Due (Page 2, Line 19) 2. Credits/Payments A. Prior Payments B. Discount 3. Interest 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Fill in oval on Page 2, Line 20 to request a refund. Flle Number 21 10 0408 STATE Zip PA 17257 (1) 0 00 Total Credits (A + g) (2) 0.00 (3) (4) 0.00 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) 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 ro ert transferred; p P Y ..................................................................... . ^ 0 b. retain the right to designate who shall use the property transferred or its income; .............................. . ^ 0 c. retain a reversionary interest or ............................................................................................... . ^ d. receive the promise for life of either payments, benefits or care? ...................................................... . ^ O 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration . ...................................................................................... . ^ o 3. Did decedent own an "in trust for" or payable-upon{feath bank account or security at his or her death? ........ . ^ X^ 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 Jan. 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse 3 percent [72 P.S. §9116 (a) (1.1) (i)]. For dates of death on or after Jan. 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)J. 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)]. Asibling is defined, unde Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. REV-1508 EX + (6-98) SCHEDULE E COMMONWEALTH OF PENNSYLVANIA CASH, BANK DEPOSITS, & MISC. IN RESIDENTEDECEDENT N PERSONAL PROPERTY ESTATE OF FILE NUMBER JAMES H. STAVER JR 21 10 0408 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 1. NOTATION -The decedent had no assets in his name alone. All assets were held 0.00 jointly with his surviving spouse, Nellie D. Staver. Probate was filed to obtain a short certificate for processing of life insurance. TOTAL (Also enter on line 5, Recapitulation) I $ 0 (If more space is needed, insert additional sheets of the same size) REV-1513 EX+(01-10) Pennsylvania SCHEDULE J DEPARTMENT OF REVENUE BENEFICIARIES INHERITANCE TAX RETURN RESIDENT DECEDENT tS ~ A ~ t oF: FILE NUMBER: JAMES H. STAVER_ JR .,. GI IV V4V0 NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY RELATIONSHIP TO DECEDENT Do Not List Trustee(s) AMOUNT OR SHARE OF ESTATE I TAXABLE DISTRIBUTIONS [Include outright spousal distributions and transfers under Sec. 9116 (a) (1.2).] 1. Nellie D. Staver Spousal 127 Kline Road entire estate Shippensburg, PA 17257 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 T HROUGH 18 OF REV-1500 COVER S HEET, AS APPROPRIATE. II. NON-TAXABLE DISTRIBUTIONS: 1. A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAXIS NOT TAKEN: 1. B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS: TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET. $ u nwle spare is neeaea, use aaamonal sneers of paper of the same size. JRZ:cb - April 13, 1993 LAST WILL AND TESTAMENT I, James H. Stayer, Jr., of Southampton 'Township, Cumberland County, Pennsylvania, being of sound and disposing mind, memory and understanding, do hereby declare this to be my will, hereby ~ .. ~_ revoking any and all former wills and codicils thereto by tae '~ heretofore made. -'~~c-~ ~~ ~' ,` , ,_. ; F I RS T i~ ~" ~~: F=~ _ ~ 1.M , c.:_, I direct that all my just debts and funeral expenses ~. including all expenses of my last illness, shall be paid from my estate as soon as practicable after my decease as a part of the expense of the administration of my estate. SECOND ~;~ I give, devise and bequeath the residue of my estat e of every ~,.,~ ~ w`~; nature and wherever situate to my wife, Nellie D. Stayer, providing a ~ she shall survive me by thirty days. 1 4" .~ ~~ ~' '~ '' , my I RD 4 Should my wife predecease me or die on or before the thirtieth ` ,,~ day following my de ath I give, devise and bequeath the residue of ~` ~.` my estate of every nature and wherever situate to my children, Page 1 namely James H. Staver, III, and Kenneth R. Staver, in equal shares, provided that the share of any child who predeceases me or dies on or before the thirtieth day following my death shall be distributed to said beneficiary's issue, per stirpes, living on the thirty-first day following my death, and in default of any such then-living issue, such share shall be added to the share or shares of my other child. FOURTH In the event my wife, Nellie D. Staver, my children and their issue predecease me or die on or before the thirtieth day following my death, I give and devise the residue of my estate of every nature and wherever situate to Memorial Lutheran Church, Shippensburg, Pennsylvania, Prince Street United Bretheran Church, Shippensburg, Pennsylvania, and the Masonic Home, Elizabethtown, Pennsylvania, in equal shares. .., '~ FIFTH ~;M In the event that anyone entitled to a share of my estate y1y ~~~: ~'_'~`; should be under the age of twenty-one years at the time for ~. ~. °~~,,~ tilstribution to him ar her, :i constitute and appoint my sons, James `~;~.. H. Stayer, III, and Kenneth R. Stayer, as trustee of any property which passes either under this will or otherwise to said ,ti. ~~~.~'j beneficiary. Should both my said sons predecease me or fail to ~.: ~ qualify as trustee, I appoint the Mellon Bank, Shippensburg, Pennsylvania, as trustee of any property which passes either under Page 2 this will or otherwise to a minor beneficiary. Said trustee shall in the trustee's sole discretion and without order of court, use principal as well as income from time to time as may appear to be necessary for the beneficiary's welfare, comfort, medical care, recreation, support and education, without responsibility to the beneficiary or to any person taking care of the beneficiary; and the remaining balance in the hands of said trustee shall be distributed to said beneficiary when he or she attains the age of twenty-one years. If such beneficiary dies prior to attaining the age of twenty-one years, said trustee is authorized in the trustee's discretion to pay part or all of his or her funeral expenses and the remaining balance in the hands of said trustee shall be distributed to his or her personal representative. In the event the funds held by the trustee for any beneficiary become in the opinion of the trustee too small for proper and efficient administration, the trustee, in the trustee's sole discretion, may deposit such funds in a savings account in the name of the beneficiary. ~, ~~' + S I XTH '; a Any fiduciary under tr,is will shall-have tfl~ fallowing powers ,:', ~~~~, in addition to those vested in them by law and by other provisions ~~, ~~ of my will applicable to all property whether principal or income, ;..~\,. including property held for minors, exercisable without Court ~\ ,z approval, and effective until actual distribution of all property: ~; ~,, A. To retain any and all of the assets of my estate, real `,.~. ~< ~` Page 3 ,~ ,_>,i ~• i r.. .#: ~.' , ~, l ~~ u r~. ~. ~~; or personal, without regard to any. principle of diversification of risk. B. To invest in all forms of property including stock, common trust funds and mortgage investment funds without restriction to investments authorized for Pennsylvania fiduciaries as they deem proper, without regard to any principle of diversification of risk. C. To sell at public or private sale, to exchange or to lease for any period of time any real or personal property and to give options for sales, exchanges or leases, for such prices and upon such terms or conditions as they deem proper. D. To allocate receipts and expenses to principal or income or partly to each as they from time to time think proper. E. To compromise any claim or controversy. F. To distribute in cash or in kind or partly in each. G. To hold property in their names without designation of any fiduciary capacity or in the name of a nominee or unregistered. SEVLNTii 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. Page 4 EIGHTH I appoint my wife, Nellie D. Stayer, as executrix of this my will. Should my wife predecease me, fail to qualify or cease to act, I appoint my sons, James H. Stayer, III, and Kenneth R. Stayer, as co-executors of this my will. Should both my sons predecease me, fail to qualify or cease to act, I appoint Mellon Bank with offices in Shippensburg, Pennsylvania, as executor of this my will. NINTH No bond shall be required of any fiduciary hereunder in any jurisdiction. IN WITNESS WHEREOF, I hereunto set my hand and seal to this my last will and testament, consisting of six typewritten pages, the first four of which bear my signature in the margin for the purpose of identification this ~ l ~ day of 19~. ~ ,~ , %r',.;, :~:.~_ ~~g~ ,;!.~"^:~--~.~~: ~,~~~ (SEAL) r~ ~' i Signed, sealed, published and declared by the above-named testator, as and for his last will and testament in our presence, who in his presence, at his request and in the presence of each other have hereunto set our hands as attesting witnesses. Page 5 ~` / . ~ ~ residing at / ~~5-` //~~ ~~~2... l=~u~c~'Gri1,~~~ r (l/~C~:6C~/~ p~~~- residing at~0 ~tJ We, James H. Staver, Jr., ~D`2-~ ~ ~cc ~l~~l~~e~ , and I ~~A del - Jf ~ S-~ the testator and the witnesses, respectively, whose names are signed to the attached or foregoing instrument, being first duly sworn do hereby declare to the undersigned authority that the testator signed and executed the instrument as his last will and that he had signed willingly (or directed another to sign for him), and that he executed it as his free and voluntary act for the purposes therein expressed, and that each of the witnesses, in the presence and hearing of the testator signed the will as witnesses and to the best of their knowledge, the testator was at that time eighteen years of age or older,-of sound mind and under no constraint or undue influence. -~ Testator _ ~'~\ Witness Witness Subscribed, sworn to and acknowledged before me by the above-named testator and subscribed and sworn to before me by the above-named witnesses this -~sfi day of /Kh~ 19 X13 ,1 _ ,~ ^ /ji i'~-~ .J .% 1 ~ ~~ ,'r~5_~ _~,c `ii. i:lt? .1,t; f(~.,~(~,,,J Notary Public ~~~~~ ~~ ~. ~;~ ~'sa~~E-~ age 6 _, ~ ~ ~/~ V~ r O W ~ N ~ r ~ W ~ v a, r, Z io n- ~~° ~ , , ~ ~ ~ ~ (n i O b ~ a z ~ Li r 9~ e--'~ 1~ e--~ ~ ~ ~ '~ ~ W U ~;~" a O R+ U r-I U ••