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HomeMy WebLinkAbout09-14-10PETITION FOR PROBATE AND GRANT OF LETTERS REGISTER OF WILLS OF CUMBERLAND Estate of David W. Petko also known as Petitioner(s), who is/are 18 years of age or older, apply(ies) for: (COMPLETE 'A' or 'B' BELOW.) Deceased COUNTY, PENNSYLVANIA File Number ~ I ~~' D~7 Social Security Number 145-30-8372 A. Probate and Grant of Letters Testamentary and aver that Petitioner(s) is / aze the last Will of the Decedent dated August 6, 2009 and codicil(s) dated N/A Executor r.,> 0 in thy: T-.' ... ~- ,~, (State relevant circumstances, e.g., renunciation, death of executor, etc.) C1~ %~ -` ' '._,7 ~~c~p ss t;:, a~~ Except as follows, Decedent did not marry, was not divorced, and did not have a child born or adopted after execution o~strumertt~ offer~,t ,~'-._E for probate, was not the victim of a killing and was never adjudicated an incapacitated person: ~ ~ Gf ~ ~ -r r O .~7 B. Grant of Letters of Administration ,C- (Ifapplicable, enter: c. t. a.; d. b. n. c. t. a.; pendente late; durante absentia; durante minorltate) Petitioner(s) after a proper search has /have ascertained that Decedent left no Will and was survived by the following spouse (if any) and heirs: (If Administration, c. t. a. or d.b.n.c.t.a., enter date of Will in Section A above and complete list of heirs.) (COMPLETE INALL CASES:) Attach additional sheets if necessary. Decedent was domiciled at death in Cumberland County, Pennsylvania with his /her last principal residence at ~_ 458 Woodcrest Drive Mechanicsbur Ham den Townshi Cumberland Count PA 17050 (List street address, town city, township, county, state, =ip code) Decedent, then 70 yeazs of age, died on January 3, 2010 at Community General Hospital, Lower Paxton Township, Dau hin Count PA Decedent at death owned property with estimated values as follows: (If domiciled in PA) All personal property $ 343,000.00 (If not domiciled in PA) Personal property in Pennsylvania $ (If not domiciled in PA) Personal property in County $ Value of real estate in Pennsylvania $ 125,000.00 situated as follows: Undivided 1/2 interest in 458 Woodcrest Drive, Mechanicsburg, Hampden Township, Cumberland County, Pennsylvania Wherefore, Petitioner(s) respectfully request(s) the probate of the last Will and Codicil(s) presented with this Petition and the grant of Letters in the appropriate form to the undersigned: Catharine B. Petko, 458 Woodcrest Drive, Mechanicsburg, PA 17050 Form RW-02 rev. 10.13.06 Page I of 2 Oath of Personal Representative COMMONWEALTH OF PENNSYLVANIA COUNTY OF Cumberland SS The Petitioner(s) above-named swear(s) or affirm(s) that the statements in the foregoing Petition are true and correct to the best of the knowledge and belief of Petitioner(s) and that, as personal representative(s) of the Decedent, Petitioner(s) will well and truly administer the estate according to law. Sworn to or affirmed and subscribed ~~-~L.~_~.- ~f/ Signature of Personal Representative before me the -~ ~ day of Signature of Personal Representative Signature of Personal Representative File Number: {~ ~ ~ ~ ~ " ~~~ r~, Estate of David W. Petko ~a i~ _ ~~ ~~ ~` E,r _ ~+. -~__ G *' ~ r" ,~., .-> Deceased Social Seecurity Number: 145-30y-8~3~72 Date of Death: January 3, 2010 AND NOW, I ~'~"~ ~~ ,~~1 I1,~ ~ ~ in consideration of the foregoing Petition, satisfactory proof having been presented before me, IT IS DECREED that Letters Testamentary are hereby granted to Catharine B. Petko in the above estate and that the instrument(s) dated August 6, 2009 described in the Petition be admitted to probate and filed of re~cof has the last Will (amend. Codicil(s)) of Dec dent. ~ ~ FEES Letters .............~.. $ ~• Short Certificate(s) .. '1.... $~-, (}(~ Renunciation(s) .......... $ ... $ ... $ ~ ... $ ... $ ... $ ... $ ... $ ... $ ... $ TOTAL .............. $~~ ` . - Register Attorney Signature: Attorney Name: Elyse E. Supreme Court I.D. No.: 41274 Address: Keefer Wood Allen & Rahal, LLP 635 North 12th Street, Suite 400 Lemoyne, PA 17043 Telephone: 717-612-5801 Form RW-O2 reV. lo. r3.o6 Page 2 of 2 ' . '~ a. ~; G ~Hg~: ~~> r~L~gr8t~ t~i~~ t;>J~y` Syr JhOfit~SfiH~ t"3C S9kt:.~°cl',r~~,i'1. fIL~ :nl.. I ~ir;at; a,(, h, rr '_~i~en ~ a ,1 ~~ ~ ~ ) '. a,i 4iT -- -__ ._ - -_ ~ n o C p ry ~ o -; ., E/Z ( ~~~ ~ I L ~ 7' ~~. A . Cji ~ _- ~' - ~ - ti \~ l ~-~. r Lr -,' T HIOS 143 HEV II,`luJ6 TYPE: PRINT IN PERMANENT BIACN INN F J C. /J COMMONWEALTH OF PENNSYLVANIA • DEPARTMENT OF HEALTH • VITAL RECORDS CERTIFICATE OF DEATH (See instructions and examples on reverse) ~,,,~ -„, ,,,,,,~_ I Hama or r.~ececenl Inrel. middle, last sums) David William Petko 2. Sex male 3. Socal Secwiry Number 145 - 3 4 Dam of D~alh IMurN, day, year) l O 3 5 A L Bi h 0- 8372 JG nucA(~ , 2l~l ye ( ast rt day) Under 1 ba Under 1 da 6 Dam of Binh Mann, ~ , e 7. ei ca and smm a Ia si coon e a. Place a Deem Check oa on 6 _ 7 0 MuDNS Days RDUrs tknwas Hospital: Oln6r: June 4, 1939 East Orange NJ Y , rs. ~ ~Inpalkm ^ ER I Oulpavent ^ DOA ^ Nursing Home [] Resaerae ^ Wren Specny . fib. Cowrry of Deam &. Ciry Boro, Twp of Deam Bd. Facniry Name Qf cwt irxstilNion, give street erW number) 9. Was Decedan a Nispanic Orypn? [~ pb ^Yes 10. Rxe: Ama[an Indian, Bmtlt Wnne , gl yes, specify Cuban, Dauphin bower Paxton 7Wp Cotlanunit General H it l ~~ t w y osp M6xkan, Puerto Rlwn, bte) w a i e 11 fk<:eaenis Usual Occu alion KuM of work tlone tl urin most d waken life Do not dale relined 12. Was Demdaa ever dt tlla to Dewdea's Education (Spsdy oNy highest gads can leted) 14 M ti l S Nind of Wwk Kind al Businessl I d t U. $ Atmetl Faces? p . ar a alUS: Marrkd, Never Manled, Wid d i 15. Sunirirg Spouse III wde, give maM6n reams) mans er O~ n us ry arpet manufacturi . ~, ry ( ) Elemen /Seconds G12 ~ ly q a 5) Col 5 owe , D voncea (Specify/ ' g ~eyee ^ ,~ + married C .atharine Rovier 16 Detiedenfs Mailing Atldress (Sneer. coy I town, stale. zip code) Decedent's Did Decedent - Anual Residence 17a. Sale PA Lave in a t7c. ~p'es, Deceaenl Brea In uamt~den Tw 458 Woodcrest Drive m wnanip? nb County ~lunherl anus nd ^ ND. Decetlent DreO wimin _ AGlual Limns a Gry /eon IB Falsefs Name lFUSl middle last suPox 19. Moduis NamelFrzst mMdl6, maiden wrname) - _ William Matthew Petko Ruth Maurer 20e Inlonnani s Nsme (Type I Pnnq 206. IMOrmenl's M ling Address (Strwt, nary /town, slate, zip code) - - - Catharine Petko 45R Woodcrest Drive Mechanicsbur PA 17050 21 a Memos ul Duposlbon ^ Clemauon ^ Donation ~ BDnal ^ R m r i n St t ~ 21 b. Date a Dispo$ison (Molnh, day, year) 21 c. Poore of Disposi! (Name of rernemry, crematory a timer place) 21 d. Location (Ciry I town sum. zp coda) _ D a a om a e was aemaliDn Dr DDnaron Aallwriaed _ ~_~ Omw ~ Sp.,eiry ' by Yedkal ExaminerlCOroner7 ^ Yes^ No Jan. 9 2010 r Mechanicsbur g Cemetery Mechanicsburg, PA 22a Srgnawre of Fwwral yy ae jor person stung as such) b 22b. Lken9e Number 22c. Name arW Address a FacAiry - - ~?~s~ -' - FD 011667 L Malpezzi Funeral Home ~ market Plaza Way Complete items 23a c only who cenifying pnysinan I n41 avarlabe al fins of deem iD 23a nest o my knowladye, tlealh occurred at the lima, dam antl puce stand. (Signature and sae) 23b. license Number 23c. Dale Srgned (Monm, day, year) cemry ~a e d deals hems 2i-'e6 mu>t be rompieted by person woo pl~;nwlees ueam 23. Time of Dbam ~'(~ 25. Dale Pratoww60 Dead (MOnm, day, year) ~ 'l 26. Was Case Referred to Medical Examiner f Coroner for a Reaswr Omer Inn CrmnaJon a Dauuon7 a_~M, ~)~ cr` n u a r tic ^Yes C~No CAUSE OF DEATN (See Instrucllons end exampbe) i Approx mate 'mervaf. I m .' Pan t E u vnul yd ey }, d - pl' t -mat drecny caused Ne deem DO NOT enter lermnal evenu swn a Pan IL Enkr Omer SjgpjLL{aDL cons Ions mnrripun,n jp.~yp, 28 Did ToGacco Us~anlrlbum to DeaN? as rarc ac arrest, Onset to Death esp alD y arts>I, o ve Ir cuter Im Ilal on w tl uul sl ow ng II a Cibbgy. List only rxtB Cause on earn line- but not resulting m me urdertying cause given xt Pan I r ^ yes ,C_I Propaoly IMMEDIATE CAUSE 'Final dlsaasn ur ^ No ^ Unknown Nndliun resuhing In Jnam) 1 /~ ~ r ~ ~ / 29 II Famak - > _.-: C(./! iLri I Q.R G C 2k.LS/4~ ~ I ~'~d . (] Due to fur seque ce uq: Saqu tLall hsl LDnJilloris. d any, b mss 1y m ~ ~ s Ilslba Dn una a Nw prayram wrmin peal yw ^ Prrgrunl al Imm d daaN Enter tl,e UNDERLYING LAUSE Uue to (or es a cunseque rte tit) - preynan pregwr y, ^ Nut 1, but I mnun 42 da (disease w Injury mat inillaled me c of deem enLS resuning in deals) LAST. - ^ Due iu for as a consequence dj. ' Nul pregnant but perywn 43 bays l0 1 year d r - before deem ^ Unkrpwn A pegnanl wlmm the past ybar 30a Wes an Autopsy Pvdurnwd? ](Ib Were Autopsy Fndings Avadwle Prior m Cum luliuu 31. Manner of Death ~ 32a. Data DI Injury (MmN, bay, year) 32b. DescrDe How Injury Occuned 32c Place of Irqury: Hare. Farm, Street Faaory, p + o />`~ NWUIaI ^ Hont~cltle Ollke Buudng, eu. (SyrecxfyJ d Cause OI Deanl' ^ tee ~ Nu ~J Yes I~ !JO ^ ACnoenl ^ Pendrny Invesugetwn 32tl. Time d Inlury 326. Iryury al WoM1? 321 II Traruponalion In jury (SpecAyl 32y Lacallon of Injury (SVeet ary / bwn, sister ^ Sw,;ida ^ CUwd Noi rte Determined ^Yes ^ No ^ Dnvar I Operator ^ Passenger ^ Pedesinen M' ~ Omer - Spmty- 33a Cetuhar (check wly ww) au. Slgnalure arW Title d Ce • Cenityinq physlckn lPnyscun ceNrymg cause of tledRl when 6nulner pnyslcun has pronounced Beam and con~pmled Item 23) - To the best of my knowledge, death occurred dub to me uuse(s)end manneru ataled_________________________________ C) / • Pror Dancing and cenitymg physician (Pny-roan lwih prorqunc r g death aW cem ryi g m cause o1 deem) io Use boss of my knowktlge death tic d at Ise lime, date and place and due m the cause(s) and manner as sYted_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 33c Leense Number ~ aid. Date signba (Mw% say, years uedicalExan;nenyDDrDner tie9,,, ~ ti /o on d,e basis of ex6minauon and f or mreshgatmn, in my opinion. deem ocDerred at m6 wn6, cram, .na psis, arw due m die causes) end manner as ataled_ ^ 3d. Name arts Address a Person wro canp6ma caDae a Deem Umm z7) Type / Prnl P y 35 Re isl alwe Dulr N ben ,f~~t„yi ~~L t 4sscosx,fi - t _ I ~ I 1 I FYI .~ I ~ I Dam Feed (Mmtll, da , ybar) J4 ~'.! 0 J 3 9 it f.4h~(e .~ra~1, C?,~t j' ~i~ // ~T / ~c i Dispositan P6rmn No ~ y-1 s~ 6 9 ~o OF ~~~ DAVID W. PETKO.~~.~r", Ix~ ~' ~`;C~`n `..: ~--- I, DAVID W. PETKO, of Hampden Township, Cumberland.~ount c~ Pennsylvania, do make, publish and declare this to be my Last Will and Testament, hereby revoking all Wills and Codicils by me heretofore made. ITEM I: Family Information. I am married to CATHARINE B. PETKO, and all references to my wife in this Will are to her. I have three children: STEPHEN J. PETKO, GLENN T. PETKO and CRAIG E. PETKO. These are described in this Will as "my children," or as "a child of mine." Any person born to or adopted by issue of mine is to be included as issue of mine. Provided, however, no adopted person shall benefit under this Will unless the order or decree of adoption is entered before the adopted person attains the age of twenty- one (21) years. ITEM II: Death Taxes. I direct that all inheritance and estate taxes becoming due by reason of my death, whether payable by my estate or by any recipient of any property, shall be paid by the Executor out of the residue of my estate, as an expense and cost of administration of my estate, except that no taxes shall be charged against any gift qualifying for the marital or charitable deduction in my estate. The Executor shall have no duty or obligation to obtain reimbursement for any such tax so paid, even though on proceeds of insurance or other property not passing under this Will. ITEM III: Debts and Final Expenses. I direct the Executor to pay the expenses of my last illness, my legally enforceable debts, and my funeral expenses from the residue of my estate as an expense and cost of administration of my estate. --~ <_-;, ~_, -~ - ~. . t.,_, , , ~ . ;_ 7 . J i. _~' - l i -; l ~; _- _:~ r- ~-~ ~ Page 1 ~L ~/~ ITEM IV: Tangible Personal Property. (a) If Wife Survives. If I die before my wife, CATHARINE B. PETKO, I give to her all my tangible personal property, including but not limited to, all of my household furniture and furnishings, books, pictures, jewelry, silverware, automobiles, wearing apparel and all other articles of household or personal use or adornment and all policies of insurance thereon. (b) Written List. If I survive my wife, CATHARINE B. PETKO, I may leave a written list in my safe deposit box or elsewhere disposing of certain items of my tangible personal property. The Executor shall dispose of items of my personal property as specified in the written list. If no written list is found in my safe deposit box or elsewhere and properly identified by the Executor within thirty (30) days after the probate of my Will, it shall be presumed that there is no other statement or list. Any subsequently discovered list shall be ignored. (c) If Wife Predeceases. If I survive my wife, CATHARINE B. PETKO, I give any property of the type described in paragraph (a) and not set forth in a written list to my children, to be divided among them as they shall agree. Should there be no agreement, this property shall be divided between my children by the Executor in as nearly equal portions as is deemed practical in the discretion of the Executor, having due regard to their personal preferences. ITEM V: Residue. I give the residue of my estate, not disposed of in the preceding portions of this Will, to my wife, CATHARINE B. PETKO, if she survives me. If my wife disclaims any property or interest in property to which she would be entitled under the provisions of this Item, the disclaimed property shall be held by my wife, CATHARINE B. PETKO, as Trustee, IN TRUST, and shall be administered and distributed as provided in ITEM VI. If Page 2 ,~ ~~ my wife does not survive me, the residue shall be distributed as provided in ITEM VI. ITEM VI: Disclaimer Trust. The following provisions shall apply to any property payable to the Trustee named in ITEM V as a result of the disclaimer of that property by my wife: j (a) Income to Spouse. The Trustee shall pay to or for the benefit of my wife, CATHARINE B. PETKO, all of the net income of this Trust in convenient installments, but not less frequently than annually. (b) Principal to Spouse. The Trustee shall pay to my wife so much of the principal of this Trust as may be necessary in the discretion of the Trustee for the reasonable support, maintenance and health care of my wife. (c) Upon Death of Spouse. Upon the death of my wife, the Trustee shall divide the principal into as many equal parts as there are then living children of mine and then deceased children of mine represented by then living issue. The Trustee shall distribute one (1) share to each living child and one (1) share to the then living issue of each deceased child, per stirpes. However, if any issue of a deceased child has not attained the age of twenty-five (25) years at the time of distribution, the share of the beneficiary who has not attained that age shall be held by the Trustee, IN TRUST, for his or her benefit in accordance with paragraph (d) of this Item, (d) Trust for Issue. In each Trust established for a beneficiary under the age of twenty-five (25) years (each the "Beneficiary" of his or her Trust): (i) The Trustee shall pay to the Beneficiary in convenient, at least annual, installments so much of the Page 3 ~ ~ .~ •~'~ net income as the Trustee, in the discretion of the Trustee, considers necessary for the reasonable support. maintenance, health care and education, including college or other post-secondary education, of the Beneficiary. Income not distributed shall be accumulated and added to principal. (ii) The Trustee shall also pay to the Beneficiary so much of the principal as the Trustee, in the discretion of the Trustee, considers necessary for the reasonable support, maintenance, health care and education, including college or other post-secondary education, of the Beneficiary. (iii) Upon the attainment of the age of twenty- five (25) years by the Beneficiary, the Trust shall terminate and the Trustee shall distribute to the Beneficiary the remaining assets of the Trust. (iv) Should the Beneficiary die before final distribution of the assets of his or her Trust, the Trust shall terminate and the Trustee shall pay the assets of the Trust to the then living issue of the Beneficiary, per stirpes. However, if any issue has not attained the age of twenty-five (25) years at the time of distribution, the Trustee shall continue to hold the share for that issue as Custodian under the Pennsylvania Uniform Transfers to Minors Act for the benefit of that issue. (e) Trust Without Beneficiaries. If before final distribution of the assets of any Trust established for my issue, there is no living beneficiary of that Trust, it shall terminate. The assets of the Trust shall be paid to the then living issue, on a per stirpital basis, of the nearest deceased ancestor (with issue living at the time of distribution) Page 4 ~ ~.~ -~ of the Beneficiary who is me or my issue. However, if there is then in existence any trust created under this Will for the benefit of that issue, the share which would have been distributed to that issue shall be added to the principal of his or her trust, to be administered and distributed as provided in this Will. (~ Failure of Issue. In the event I am not survived by my wife or any issue, or if there are no issue of mine surviving upon the termination of any trust, the residue (or principal) shall be divided in two (2) equal parts. One (1) part shall be paid to those persons who would then be entitled to my estate under the intestate laws of Pennsylvania then in effect as if I had then died intestate. One (1) part shall be paid to those persons who would then be entitled to my wife's estate under the intestate laws of Pennsylvania then in effect as if my wife had died at that time intestate owning that part of my estate. ITEM VII: Spendthrift Clause. No part of the income or principal of any Trust created by this Will shall be subject to attachment, levy or seizure by any creditor, spouse, assignee or trustee or receiver in bankruptcy of any beneficiary prior to his or her actual receipt of income or principal distributed. The Trustee shall pay the net income and the principal to the beneficiaries specified by me, as their interests may appear, without regard to any attempted anticipation, pledging or assignment, and without regard to any claim or attempted levy, attachment, seizure or other process against the beneficiary. ITEM VIII: Administrative Powers. In addition to the powers granted at law, the Executor and the Trustee shall each possess the following powers, each of which shall be construed broadly and may be exercised without court approval, but in a fiduciary capacity only: (a) Retain Investments. To retain any investments I have at my death, including specifically those consisting of stock of any bank even if I have named that bank as the Executor or Trustee. Page 5 ~ ~~ (b) Vary Investments. To vary investments, to make loans, and to invest in bonds, stocks, notes, real estate mortgages or other securities or in other property, real or personal, without being restricted to so-called "legal investments", and without being limited by any statute or rule of law regarding investments by fiduciaries. (c) Division of Assets. In order to divide the principal of a Trust or for any other purpose, including final distributions, the Executor and Trustee are authorized to divide and distribute personal property and real property, partly or wholly in kind, and to allocate specific assets among beneficiaries and Trusts so long as the total market value of each share is not affected by the division, distribution or allocation in kind. The Executor and Trustee are each authorized to make, join in and consummate partitions of lands, voluntarily or involuntarily, including giving of mutual deeds, or other obligations, with as wide powers as an individual owner in fee simple. (d) Sell Assets. To sell either at public or private sale real and personal property severally or in conjunction with other persons, and to consummate sale(s) by deed(s) or other instrument(s) to the purchaser(s), conveying a fee simple title. No purchaser shall be obligated to see to the application of the purchase money or to make inquiry into the validity of any sale(s). The Executor and Trustee are authorized to execute, acknowledge and deliver deeds, assignments, options or other writings as necessary or convenient to any of the power conferred upon the Executor and Trustee. (e) Encumber Real Estate. To mortgage real estate, and to make leases of real estate. (~ Borrow Money. To borrow money from any person, including the Executor or Trustee, to pay indebtedness of mine or of my estate, expenses of administration or inheritance, legacy, estate Page 6 ~ ~ ;; 7 and other taxes, and to assign and pledge assets of my estate or any Trust established by this Will. (g) Pav Costs. To pay all costs, taxes, expenses and charges in connection with the administration of my estate or any Trust ~! established under this Will. i (h) Distributions without Court Order. To make distributions of income and of principal to the proper beneficiaries, during the administration of m estate with or ' Y without court order, in such manner and in such amounts as the Executor deems prudent and appropriate. j (i) Vote Stock. To vote shares of stock which form a part of my estate or any Trust established under this Will, and to exercise all the powers incident to the ownership of stock. (j) Reor anize. To unite with other owners of property similar to property in my estate to carry out plans for the reorganization of any company whose securities form a part of my estate. (k) Disclaim. To disclaim any interest in property which would devolve to me or my estate by whatever means, including but not limited to the following means: as beneficiary under a will, as an appointee under the exercise of a power of appointment, as a person entitled to take by intestacy, as a donee of an inter vivos transfe r, and as a donee under athird-party beneficiary contract. (1) Tax Returns. To prepare, execute and file tax returns of any type required by applicable law, including but not limited to filing a joint tax return with my surviving spouse, and to make all tax elections authorized by law. Page 7 ~~J~ (m) Emplov Advisors. To employ custodians of property, investment or business advisors, accountants and attorneys as the ' Executor or Trustee deems appropriate, and to compensate these persons from assets of my estate or trust, without affecting the compensation to which the Executor and Trustee are entitled. (n) Divide Trusts. To divide any Trust created in this Will into two or more separate Trusts so that inclusion ratio for purposes of the generation-skipping transfer tax shall be either zero or one, in ~, order that an election under Section 2652(a)(3) of the Internal Revenue Code may be made with respect to one of the separate Trusts, or for I' any other reason. (o) Allocate Expenses. To allocate administrative expenses to income or to principal, as the Executor or Trustee deems appropriate. However, no allocation to income shall be made if the effect of the allocation is to cause a reduction in the amount of any estate tax marital deduction or estate tax charitable deduction. (p) Adiust Basis. To make any adjustment to basis authorized by law, including, but not limited to increasing the basis of any property included in my estate, whether or not passing under this Will, by allocating any amount by which the bases of assets may be ' increased. The Executor shall be under no duty and shall not be ', required to allocate basis increase exclusively, primarily, or at all to assets which pass as part of my probate estate as opposed to other I property for which a basis adjustment is allowable. The Executor shall I allocate basis increase equitably among those beneficiaries receiving property as a result of my death, but shall not be liable to any person, ' nor subject to removal or surcharge, for any reasonable allocation of ~ basis increase. (q) Compromise Claims. To compromise claims. Page 8 I (r) Terminate Trust. To terminate any trust, if in the opinion of the Trustee, the expense of administration of the trust is not justified. Upon termination, the Trustee shall distribute the trust property to the person(s) then entitled to receive or have the benefit of the income therefrom. If there is more than one current income beneficiary, the Trustee shall distribute trust assets to the income beneficiaries in the proportion in which they receive income, or if no proportion is designated, in equal shares to the income beneficiaries. This power may only be exercised by a Trustee who is an independent Trustee, and this power shall be ineffective to the extent that the effect of the power is to vest in any Trustee or beneficiary a general power of appointment. (s) Other Acts. To do all other acts in his or her judgment necessary or desirable for the proper and advantageous management, investment and distribution of the estate and Trusts established under ', this Will. ITEM IX: Accounting. The Trustee, on an annual basis, shall provide each income beneficiar who has a ttai Y ned the a e of ei g ghteen (18) years, and the Guardian of the person of any income beneficiary who has not attained the age of eighteen (18) years, statements showing transactions of each Trust established for the benefit of that beneficiary. The beneficiary, or the Guardian of the person of such beneficiary, may waive this right to receive an annual accounting. The Trustee may, at any time, settle any account.. or questions concerning the administration of any Trust established under this Will, by agreement with the then qualified beneficiaries (as defined in the Pennsylvania Uniform Trust Act) of the Trust, if legally competent, or if not legally competent, with the Guardian of the person of the beneficiary, the legally competent spouse of the beneficiary, or the oldest legally competent relative of the beneficiary who v~-ould take a portion of the estate of the beneficiary were the beneficiary to die at that time intestate under the laws of the Commonwealth of Pennsylvania. Any settlement made in accordance with this Item shall bind all persons who have an interest in the Trust, and shall constitute a release and discharge of the Trustee with respect to transactions specified in the settlement. Page 9 ~ /h,~,J ITEM X: Distributions to or for Beneficiaries. The Trustee is authorized to distribute principal and/or income in any one or more of the following ways if the Trustee, in the discretion of the Trustee, considers the beneficiary unable to apply distributions to the beneficiary's own best interests, or if the beneficiary is under a legal disability: (a) To Beneficiary. Directly to the beneficiary; (b) To Guardian or Conservator. To the legal guardian or conservator of such beneficiary; (c) To Custodian. To the Trustee, or to another person selected by the Trustee, as custodian under the Pennsylvania Uniform Transfers to Minors Act as to a beneficiary under the age of twenty- five (25) years; ~, (d To Relativ e. To a relative of the benefi ciary, to be expended by that relative for the benefit of the beneficiary; or (e) Direct Application. By directly applying distributions for the benefit of the beneficiary. ITEM XI: Survival. Any person who has died within thirty (30) days of my death, or under such circumstances that the order of our deaths cannot be established by proof, shall be deemed to have predeceased me. Any person (other than myself) who has died at the same time as any beneficiary under this Will, or in a common disaster with that beneficiary, or under such circumstances that the order of deaths cannot be established by proof, shall be deemed to have predeceased that beneficiary. ITEM XII: Merger of Trusts. Should my wife, by Will or Agreement of Trust, establish Trusts similar to the Trusts I have established for the benefit of my issue, the Trustee of each Trust created in this Will shall have the right to merge it with the similar Trust created by my wife for the same Page 10 ~ y~,~; beneficiaries. If merged, the Trustee shall operate the merged Trusts as a single Trust. ITEM XIII: Trust Situs. The initial situs of each Trust created under this Will shall be the county of my domicile at my death. The Trustee may determine, from time to time, to change the situs of anS~ Trust established under this Will. However, no change in situs shall be effective until written notice is provided to the living beneficiaries of the Trust. ITEM XIV: Executors and Trustees. I make the following provisions with respect to Executors and Trustees: (a) Initial Executor and Trustee. I appoint my wife, CATHARINE B. PETKO, to be the Executor and Trustee. (b) Successor Executor and Trustee. In the event that my wife is unable or refuses to serve as Executor, I appoint my sons, GLENN T. PETKO and CRAIG E. PETKO, to serve as Co-Executors, hereinafter the "Executor." (c) Power to Appoint Additional Trustees. Each person serving as a sole Trustee shall have th e power to appoint a Co-Trustee. Each Trustee shall have the power to ap oint his or her p successor in office. In the event of a complete vacancy in the office of Trustee, I j appoint m sons GLENN Y T. PETKO and CRAIG E. PETKO, to serve as Co-Trustees, hereinafter the "Trustee." (d) Power to Remove Trustee. Any Co-Trustee appointed by a Trustee may be removed by that Trustee. (e) Method of A ointment and Removal. Each appointment '' or removal of a Trustee shall be in writing and shall be filed with the court in the jurisdiction which is the situs of the Trust. The written instrument shall be signed by the person having the power to make the i appointment or removal. Page 11 ~'~~~ (f) Temporary Trustee. Each Trustee shall have thf~ power to designate a temporary Trustee by an instrument in writing delivered to such temporary Trustee. The temporary Trustee shall serve as such only during the legal incapacity of the appointing Trustee, or, during such period of time as the appointing Trustee in writing designates, and upon the expiration of that time, or at such time as the legal incapacity of the appointing Trustee ceases, the appointing Trustee shall once again become the Trustee. (g) Delegation. Any Trustee may delegate investment and related management functions to another Trustee, provided the other Trustee accepts the delegation in writing. To the extent accepted, the delegating Trustee shall be relieved of responsibility for the investment decisions of the Trustee to whom investment and related management functions were delegated. (h) Resignation. Any Trustee may resign upon ninety (90) days written notice to the then income beneficiary and each adult sui juris remainder beneficiary of the Trust; provided, however, that the resignation shall not become effective until and unless at least one person is then serving as Trustee of the affected Trust. (i) Res onsibilit No Tr ~~~~ p y ustee shall be responsible for the acts or omissions of any other Trustee. (j) Duty to Investigate. In the absence of actual knowledge of a breach of trust, or information concerning a possible breach of trust that would cause a reasonable person to inquire, a successor I Trustee is under no duty to examine the accounts and records of an y predecessor Trustee, or to inquire into the acts or omissions of such predecessor, is not liable for any failure to seek redress for any ~ ct or omission of such predecessor, shall have responsibility only for property which is actually delivered to the Trustee by such predecessor and shall have all of the powers conferred upon a Trustee hereunder. Page 12 ~~~~~? (k) Compensation. The Executor and Trustee shall. have the right to receive reasonable compensation for services rendered and reimbursement for reasonable expenses. (m) Standard of Care. The Trustee shall not be liable or I accountable for any loss that may result from the good faith exercise of ~! the authority granted in this Will. This shall specifically include decisions of the Trustee with respect to discretionary distributions of ' income and/or principal to any beneficiary. (n) Security. The Executor and Trustee are specifically relieved from the duty of filing bond or entering security. IN WITNESS WHEREOF, I have set my hand and seal to this, my ', Last Will and Testament, consisting of this and the preceding twelve (12) pages, at t;he end of each page of which I have also set my initials for greater security and ' better identification this ~ day of ~~*-,~~"~, 20 cq ,-~ a~~~.~, U~,l /~~/~ '" 12--Z=~r-~ -(SEAL) DAVID W. PETKO We, the undersigned, hereby certify that the foregoing Will was signed, sealed, published and declared by the above-named Testator as and for his Last Will and Testament, in the presence of us, who, at his request and in his presence and in the presence of each other, have hereunto set our hands and seals the day ~~ and year first above written, and we certify that at the time of the execution thereof, the said Testator was of sound and disposing mind and memory. (SEAL) Residing at,~o/ ~~(/`~it'.~(.~.,~ ~~a ~" ~- r --~ ~' ~'% ~ - ~ ~~ ~ (SEAL) Residing at ~ ~ `~ ~ , ~ ~ ,~ .- ~ s .! t. ~ ;f ~ ACKNOWLEDGMENT COMMONWEALTH OF PENNSYLVANIA ) ~ / ) SS: COUNTY O F ~.~-~-~ ~ ~--°~ -~_: a....-k:.t',--_ ) I, DAVID W. PETKO, Testator, whose name is signed to the attached or foregoing instrument, having been duly qualified according to law. do hereby acknowledge that I signed and executed the instrument as my Last `Fill and Testament; that I signed it willingly; and that I signed it as my free and voluntary ~~ act for the purposes therein expressed. Sworn to and subscrib d before me this~~,~.,~_ day of ~~,._ .,.~.w~w-t 20 ~'`~ _~ 1 V~ Notary Public My Commission Expires: `r~`"~„~-~( ~y~/lr'~~~-~-~-~_''- (SEAL) DAVID W. PETKO ', (SEAL) I COMMONWggLTH OF PENNSYLVANIq NOtARIgL SEAL CYNTHIA J. RULE, Notary Pubtic Lemoyne Boro., Cu^~berlanc Co~,,;;r,~ f My Commission Exoires Febn.-„4, 3~~t'+i i AFFIDAVIT COMMONWEALTH OF PENNSYLVANIA ) /`~~ ) SS: COUNTY O F ~ ~ _:.~~ .-a~-~ ~~.~. ) Ji f 7-"~ and the Witnesses whose names are signed to the attached or foregoing instrument, being duly qualified according to law, do depose and say that we were present and saw Testator, DAVID W. PETKO, sign and execute the instrument as his Last 4~'ill and Testament; that Testator signed willingly and that he executed said Will as his free and voluntary act for the purposes therein expressed; that each of us 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 that time eighteen (18) or more years of age, of sound mind and under no constraint or undue influence. Witness Witness. Sworn to and subscribed before ~~ me this ~~ .f.,_ day of /--~ ~~~~...~.,....~--~ ~~ f i i l '~ ,~~ jr 1 ~. ---f t_-.___.~ ~ z ~~~" ~.. ` Notary Public ', My Commission Expires: (SEAL) COMMONWEALTH OF PENNSYLVANIA NOTARIAL S~q'~ -"- CYNTHIA J. RULE, Notary Public Lemoyne Boro., Cumberland County My Commission Expires February 3, 2012 --____,