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HomeMy WebLinkAbout08-23-10 1505610101 REV-1500 ~~01-1°' ~ PA Department of Revenue OFFICIAL USE ONLY pennsylvaMa Bureau of Individual Taxes °°....,E^'°',..E~~ Coun Code Year File Number h! - INHERITANCE TAX RETURN PO BOX 280601 n //-~ `'~ ~ ~ ~ Harrisburg, PA i7iz8-o6oi J I RESIDENT DECEDENT ~ VC,,,Q ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death MMDDYYYY Date of Birth MMDDYYYY 175-30-7557 ' 11 /16/2009 11 /24/1938 Decedent's Last Name _. __ _ Suffix Decedent's First Name MI Depew Sudrey A _. _ __ _ _ (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI Spouse s Social Security Number _ _. THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW m 1. Original Retum O 2. Supplemental Retum O 3. Remainder Retum (date of death prior to 12-13-82) O 4. Limited Estate O 4a. Future Interest Compromise (date of O 5. Federal Estate Tax Retum Required death after 12-12-82} ~ 6. Decedent Died Testate O 7. Decedent Maintained a Living Trust 8. Total Number of Safe Deposit Boxes (Attach Copy of Will) (Attach Copy of Trust) O 9. Litigation Proceeds Received O 10. Spousal Poverty Credk (date of death O 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 CONFIDENTUIL TAX INFORMATION SHOULD BE DIRECTED T0: Name Daytime Telephone Number Joseph J. Baldassari _._ _ (610) 666-7500 ...................................... . _ __ First line of address 1043 S. Park Ave. Second line of address City or Post Office State ZIP Code REGISTER OF WILLS USE ~Y C7 ~:. :,t'F~ - r- ~~~ ~J C~ al~r r-- - ;-rn r.: t , J7 T[ CrJ ~`~,~ -C~ _' ~ -n ; C"3 Audubon i PA 19403 ..... ,'`~ -, 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, R is true, correct and complete. Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge. SIGNA'Yl1RE OFPERSON RESPONSIBLE FOIZFILING RETURN. - .neTG, ADDRE Zl ~i r1r ljfl/sL d~ t~~~ .r- / ~ yr j' SI ATUR F PARER OTHER TH N REPRESENTATIVE DATE P/~y ~v ADD SS PLEASE USE RIGINAL FORM ONLY Slde 1 1505610101 1505610101 J /'~, , J REV-1500 EX 1505610105 Decedent's Social Security Number ......................... . Decedent's Name: Audrey A. Depew 175-30-7557 RECAPITULATION 1. Real Estate (Schedule A) ............................................. 1. 2. Stocks and Bonds (Schedule B) .................................. ..... 2.: .. 796.89 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C) ..... 3. 4. Mortgages and Notes Receivable (Schedule Dj ...................... ..... 4. ~. _... 5. Cash, Bank Deposits and Miscellaneous Personal Property (Schedule E).. e..... ..... 5. ___ 1,423.52 6. Jointly Owned Property (Schedule F) O Separate Billing Requested .. ..... 6. _...... 7. Inter-Vivos Transfers 8 Miscellaneous Non-Probate Property __ - (Schedule G) O Separate Billing Requested... ..... 7. 81,240.71 8. Total Gross Assets (total Lines 1 through 7) ........................ ..... 8. 83,461.12 9. Funeral Expenses and Administrative Costs (Schedule H) .............. ..... 9. i _~... ....__.... 12,892.67 _.r~ 10. Debts of Decedent, Mortgage Liabilities, and Liens (Schedule I) ......... ..... 10. .. ,. 11. Total Deductions (total lines 9 and 10) ............................ _.. .. ..... 11. ,._....r.. , ,,. ..... 12,892.67 12. Net Value of Estate (Line 8 minus Line 11) ......................... .... 12 __ 70 568 45 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. ; .. 70,568 45 TAX CALCULATION -SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 _ _. . _ __ _ _ __ (ax1.2) X .0_ 15. 16. Amount of Line 14 taxable °"WW" .- -_..,,,_....~_ _",_._. .._.~.,~~ .,.._. ~; at lineal rate X .0 45 70,568.45 ' 16. 3,175.59 17. Amount of Line 14 taxable ~ °.___. , _,,..~.._ ~,._...~_.. ~ ,.,__~ .,_. ,... ,....~ ~____ : at sibling rate X .12 17 18. .__....._ _.,...."., .~_.__~".. ~....._~..,,_ Amount of Line 14 taxable v °-~-° °°--•~- - - at collateral rate X .15 18. 19. TAX DUE ..................................................... ....19.' _: 3,175.59'. 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT O Side 2 1505610105 1505610105 J REV-1500 EX Page 3 Flle Number Decedent's Complete Address: ', DECEDENTS NAME Audrey A. Depew _ __ __ STREET ADDRESS __ _ _ _ _ _ _ _ _ _ 32 W. Main St. .._......._..._..._._.... -__ _ _. _ _ _.. _. _ ___ .................. cm~ Walnut Bottom Tax Payments and Credits: 1. Tax Due (Page 2, Line 19) 2. Credits/Payments A. Prior Payments ___ B. Discount _ _ STATEPA _ _ ZIP 17266 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. 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. Total Credits (A + B) (2) (3) (4) (5) 3,175.59 0.00 0.00 3,175.59 ,.,~~ Make check payable to: REGISTER OF WILLS,~cA~~~GENT. ? ° 1^x~ r~" .-... .3: ... ,, .., ~~ 7Fr ~ ~~~° ~"St '~.~'~':':~ ~?s'. r:~i 'E`.! G ! ~ ri,, .'fj '~ ~ si .'.I..K,. f'.. 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 .......................................................................................................................... ^ 0 d. receive the promise for life of either payments, benefits or care? ...................................................................... ^ 2. If death occurred after Dec. 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? .............. ^ x^ 4. Did decedent own an individual retirement account, annuity or other non-probate property, which contains a benefiaary 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 is 3 percent [72 P.S. §9116 (a) (1.1) (i)J. 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 benefiaary. 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)J. The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal benefiaaries is 4.5 percent, except as noted 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 of the decedent's siblings is 12 percent [72 P.S. §9116(a)(1.3jJ. 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+ (6-98) SCI~IEDI~ILE B COMMONWEALTH OF PENNSYLVANIA STOCKS & BONDS INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Audrey A. Depew FILE NUMBER 21-10-0060 All pfOp@(tY IOIBZIV-OW09d With daht of RunllVnrc6in .w~~e~ ti. at...i..e~~ -_ Q-L-J..~_ ~n ui~~o apaco is niroutsa~ mseR aaamonai snee[s of 01e same size) REV-1508 EX+ (g-98) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCNEDt~LE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY ESTATE OF Audrey A. Depew21 FILE NUMBER 21-10-0060 InGude the proceeds of Iftigation and the date the proceeds were received by the estate. All property Jointly-Owned with rlaht et survlvnrsh~n ~.~~e~ tie ai...i,....w „~ e-~_~..~_ ~~~ nwre space is neeaea, insert aaanlonal sheets of the same size) REV-1510 EX+ (OS-09) '~' pennsytvania SCHEDULE G ~ DEPARTMENT OF REVENUE INTER-VIVOS TRANSFERS AND INHERITANCE TAX RETURN MISC. NON-PROBATE PROPERTY RESIDENT DECEDENT eaiwie ~r FILE NUMBER Audrey A. Depew 21-10-0060 This schedule must be completed and filed if the answer ro aov of ~~~p~r~„~~ , rtim~~„ti ~ ,,....,,.., .~.___ _~ .~_ ~........_ . .~ ~~~~~ ~ ~Na~c ~~ nceaea, use aaDiaonai sneers or paper of the same size. REV-1511 EX+ (10-09) Pennsylvania DEPARTMENT OF REVENUE INHERrrANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Audrey A. Depew ITEM NUMBER Decedent's debts must be reported on Schedule I. FILE NUMBER 21-10-0060 A. FUNERAL EXPENSES: Ni~wni 1' Hoffman and Roth Funeral Director 1,690.00 Cremation Ums 84.76 Funeral Cards 24.12 Postage 28.50 Funeral Luncheon 1, 860.65 B. ADMINISTRATIVE COSTS: 1. Personal Representative Commissions: Name(s) of Personal Representative(s) .._.........._...... __ ._ ._ _. __ _ _. _. Street Address .. ........... ..._ ............................ __.. __ ........ __ . ... _____ __ . ..........._......... _. ..._ ._............ City __________ ______ ___ State 2IP ----__ Year(s) Commission Paid: z• Attorney Fees: 4,000.00 3• Family Exemption: (If decedent's address is not the same as claimant's, attach explanation.) 3, 500.00 - Claimant Donna Brobst ........_......_ ..._ .............__... . .. __... ................. ._. _....__..... __ Street Address 32 W. Main St. .__ .........._._ ................ ..... _... _..._...._. _ ....................... City Walnut Bottom _ ___ state Pa ZIp 17266 ---- Relationship of Claimant to Decedent daughter ..._.......__...._..._.___.. . __ _ _ 4• Probate Fees: 288.50 5• Accountant Fees: 6• Tax Return Preparer Fees: ~• Publication of Grant of Letters 141.34 B Discover Cana 3.01 s Lower Bucks Hospital 680.00 ~o Aria Health 575.00 ~~ Verizon 16.79 12 If more space is needed, use additional sheets of paper of the same size. SCHEDULE H FUNERAL EXPENSES AND ADMINISTRATIVE COSTS TOTAL (Also enter on Line 9, Recapitulation) I ~ f a . $ 9,t, b .7 REV-1513 EX+ (01-10) '~ i~ Pennsylvania SCHEDULE ~ ~- DEPARTMENT Of REVENUE INHERITANCE TAX RETURN BENEFICIARIES RESIDENT DECEDENT w~wre vr: FILE NUMBER: Audrey A. Depew 21-10-0060 RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE I TAXABLE DISTRIBUTIONS [Indude outright spousal distributions and transfers under Sec. 9116 (a) (1.2).] 1• Donna Brobst, 32 W. Main St., Walnut Bottom, Pa. 17266 daughter one-third _. 2 Calvin Depew, 2 Hyaanth Rd., Levittown, Pa. 19056 son one-third 3 Deana Brown, 1126 Second Ave., Croydon, Pa. 19021 daughter one-third ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18 OF REV-1500 COVER SHEET, AS APPROPRIATE. II NON-TAXABLE DISTRIBUTIONS A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN: _ __ _ L B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS: 1. TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBl1TI0NS ON LINE 13 OF REV-1500 COVER SHEET. ~ If more space is needed, use additional sheets of paper of the same size. `ii~~ ~D P I, AUDREY A. DEPEW, of Levittown, Bucks County, Pennsylvania, declare this to be my Last Will and revoke any Will previously made by me. ITEM I: I direct that all my just debts and funeral expenses shall be paid from my residuary estate, as soon as practicable after my decease as a part of the expense of the administration of my estate. ITEM II: 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. ITEM III: I give my cherry wood bedroom set to my son, CALVIN DEPEW, JR. ITEM IV: I give my grandmother's clock to my daughter DEANA MAE DEPEW. 1 ITEM V: All the rest, residue and remainder of my estate I give to my children, DONNA MARIE HOLLIS, CALVIN DEPEW, JR. and ` DEANA MAE DEPEW in equal shares, per stirpes. 1~ ITEM VI: With the exception of the gifts made in Items III and IV above, any principal or income to which a minor (anyone under 20 years of age) becomes entitled absolutely under the foregoing provisions may nevertheless be retained by my Trustee during the minority of the beneficiary and the income may be accumulated and invested in accordance with the discretionary powers given my Trustee. My Trustee may apply such parts or all or none of the income and principal as my Trustee may determine in the sole discretion of my Trustee for the education, support and welfare of the minor, by payment of bills therefor or by direct payment to the minor or by payment to any person selected by my Trustee to disburse such funds, whose receipt shall be a complete discharge of my Trustee therefor. In exercising the discretionary power to use income or principal for the minor, my Trustee may but need not necessarily consider the resources, and sources of funds available to such beneficiary. If my Trustee determines that it,is impracticable to administer a minor's share hereunder, my Trustee may in discharge of all duty hereunder, deposit it in an interest bearing account in the minor's name with or without restrictions on withdrawal prior to majority. All funds not paid or applied in accordance with the foregoing provisions shall be paid to the minor 2 .... at majority or to the minor's personal representative in the event of the minor's death prior to majority. ITLM VIZ: I appoint my sister, LINDA BALDASSARI, Executrix of this my Last Will and Testament and trustee of any trust created hereunder. In the event my sister, LINDA BALDASS ARI, shall predecease me or for any reason be unable to serve or complete her duties as Executrix or Trustee hereunder, I then appoint my daughter, DONNA MARIE HOLLIS, as substitute Executrix and Trustee in her place and stead. ITEM VIII: My personal representatives and/or trustees shall have the following powers in addition to those vested in them by law and by other provisions of my Will, applicable to all my property, whether principal or income, and effective until actual distribution of all property. A. To retain any or all of the assets of my estate, real or personal, without regard to any principle of diversification, risk or productivity. B. To invest in all forms of property, including stocks, 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, risk or productivity. C. To sell at public or private sale, to exchange or to 3 ~: r d . 4..i iN_i.S .. _ Y,> a~ 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 my personal representative or corporate trustee from time to time thinks proper. ITEM I8: I direct that my personal representatives and/or trustees shall not be required to give bond for the faithful performance of their duties in any jurisdiction. IN 11ITNSBB WHEREOF, I have hereunto set my hand this „~~ day of , 1996. (Seal) AUDREY A. D EW SIGNED, SEALED, PUBLISHED AND DECLARED by the above-named Testatrix, AUDREY A. DEPEW, as and for her Will, in the presence of us, who at her request, in her presence and in the presence of each other, have hereunto subscribed our names as witnesses in the attestation thereof. ~. ~- r~ /9ym3 Wit ess Ad ress /~ ~ Witne Address 4 :, r i '~~C.n' -. LtY n .JI~~ ._ . '~'!E4 BUG 23 ~'~- 2~ Q I ^~.~:~ .~ ~~ "~ ~. ~. .,~ a- Cs a~ ~ ~ •~' ~- °; ~ ~ - ;BAN'S ._ y cRL4N[ -. ~ ~~ ~ ~ ~~ ~ ,~ Q~ Q ~ ~~ d ~ ~" ~ ~ CA o o cri .~ .~ ~ ~ ~ o d ° ~ o ~ a ~~,~ ov d ~ W 0 O N ~, ~= U ~: O U 0