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HomeMy WebLinkAbout11-17-10 (2)J 1505610101 RSV-1500 IX(m-rD) PA Department of Revenue pennsytvarda OFFICIAL USE ONLv Bureau of Individual Taxes °`""`"`°°"'"`"" County Cade Year FNe Number PD BOXz8o6ot INHERITANCE TAX RETURN Harrisbu PA i tz8-o6oi RESIDENT DECEDENT 21-10 - 019 7 ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death MMDDYYYY Dete of Birth MMDDYYW 140.-12-1641 ;2/17/10 111/23/21 ......................_.... . ................_ __._ Decedent's Last Name Suffix Decedents First Name E MI FREET FRANCES _.._ _ . ..._ pplleabls) Enter Survhring Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name _. n/a Spouse's Social Severity Number _ THIS RETURN MUST BE FILED IN DUPLICATE WITH THE _.. _.. _' REGISTER OF WILLS FlLL IN APPROPRIATE OVALS BELOW (~ 1. Odginel Realm O 2. Supplemental Retum O 3. Remainder Return (date of death O 4. Limked Estate P~ to 12-1382) O 4a. Future Interest Compromdse (date of O 5. Federal Estate Tax Retum Required death aRer 12-12-82) C$1 S. Decedent Died Testate O 7. Decedent Maintained a Living Trust 1 8. Tofal Number of Safe l1a (Atach Copy of Wig) (Attach Copy of Trust) Pit Boxes O 9. LMlgafbn Proceeds Received O 10. Spousal Poverty Credt (date of death O 11. Election to tax under Sec. 9113(A) between 12-31-91 and 1-1-95) (Atlaq, Sch O) CORRESPONDENT- THN SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFlDENTIAL TAX INFORIAATION SHOULD BE DIRECTED T0: Name __ Daytlme Telephone Number MARC ROBERTS, ESQULRE 717 843-1639 REGISTER OF YYILLS USE ONLY N ~^j o First line of address -_ _. _.. tr o '- 149 East Market Street ~ ~ `^`'~ ~ ° ~~ ~ ~ ~ ~= r ,Second line of address .__........ ........., . - r-i r-ii ...._ _. . C1) "r -~-~r C'J ~! ~ O O r C7 City or Post Office .. DAT -r'1 ~ . ~ ~. State ZIP Code __ _ ~ ~,~ : ~ ...... York PA 17401 ~~-, ~ ` ~'' . __ ..._ .. _..... _ v, ,;; corespondenrse-manaddrets: mare@marerobertslaw.com Und¢r Penalties of psrJury, l declare that 1 have examined Ibis return, Irwludirp eccompanyhg schedules and statements, and to the best of my R fa true, correct and complete. Oedaretlon of preparer other Man the personal reprasentetlve Is based on ell Infomnadon of whk:h a arM ~~f' SIGNATURE OF PERSON RESPONSIBLE FOR FILING RETURN PreParer hoe erry knowledge. DATE ADDRESS November 2010 2268 Sutton Road, York, 403 SIGNATURE OF PREPARER dTHER THAN REPRESENTATIVE DATE ADDRESS November 15 2010 149 East Ma>~ket Street, Yo , PA 17401 PLFJ-SE USE ORIGINAL FORM ONLY Side 1 15056~r0101 1505610101 i ~~ ~~ .~~ ~~ ~' ~~~ ~~ ~ ~~ 1505610105 REV-1500 Ex Decedent's Social Security Nurnber uecedent'sName: FRANCES E. FREET 140-12-1641 RECAPITt1LA710N 1. Real Estate (Schedule A) ............................................. 1. $ 2 3 5 , 100.0 0 2 . Stocks and Bonds (Schedule B) ...................................... . 2. 7 7 7 , 1'91.4 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)....... 5 316 00 3 3 5 6. Jointly Owned. Property (Schedule F) O Separete Billing Requested ....... 6. 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property __.____.._....__._.,.----_._.._._........._._.........__...---._____-; (Schedule G) O Separate 81111ng Requested........ 7. 8. TotalGrosaAasats(totalLinesllhrough7),,,,,,,,,,,,,,,,,,,,,,,,,,,,, ... g, $1 328 294.77 ' 9. Funeral Expenses and Administrative Costs (Schedule H) ............. 9 ...... . 10. Debts of Decedent, Mortgago Liabilities, and Liens (Schedule I) .............. 10, 5 206.15 11. Total Deductions (total Lines 9 and 10) ................................. 11. _.._..~~.Z,_9..52...2,8....-..._... _._....._....._. 12. 13 Nat Value of Estate (IJne B minus Line 11) ........ ................. C it b 12. $1 310 3 4 2 4 9 ~ . Aar a le and Govemmentai BequestslSec 9113 Trusts for which --__._... _.__.._._._x..._._.._._~_...._.,_.,__ .............~ , an election to tax has not been made (Schedule J) ........................ 13. 14. Net Value Subject to lax (Line 12 minus Line 13) ........................ 14. $1 310 34 2.4 9 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- 15. 16. Amount of Line 14 taxable _....__.__ _.__ _ __. .... . ~ _._......__. _..._ .----_._._._.__.~., at lineal rate x.o4,~ $1,310,342 49 ^'-°"`.....-. 1s ~ $ 58 965 42 ..._ -.-._..___ 17. Amount of Line l4 taxable ._ _.~---.--..-~__ ... ...._. ., at sibling rata X .12 ~ 17 18. Amount of Line 14 taxable ° °__..._..„...._.__.._._._._v,__ ..............:......._._.._.._....__ ,....._ ....._..a.__µ.._..__.,_._....._....._... _ a[ collateral rata X .15 18 19. TAX DUE ..................................................... ....19.i ... ~ 58.,965.42 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT O Side 2 1505610105 1'505610105 REV-1500 Ex Page 3 Flle Number 2 ]- - ], ~ .019 7 Decedent's Complete Address: DECEDENT'S NAME Frances E. Freet -- --- --- srr~~TADOre~s - -------_ 15_Appalachian Drive I omit ZIP -- Carlisle _ PA 17015 Tax Payments and Credits: 1. Tax Due (Page 2, L(ne 19) 2. CredilslPayments A. Prior Payments B. Discount $54,933.75 3. Interest 4. If Llne 2 is greater than Line t + lJne 3, enter the difference. This is the OVERPAYMENT. Fill In oval on Page 2, Line 20 to request. a refund, TotalCredlts(A+B) (z) 57,.82.5.00 (3) (4) 5. If Line 1 + Line 3 is greater Olen Line 2, enter the difference. This is the TAX DUE. (5I $_1 , 1 4 D ~ ~ Make check payable to: REGISTER OF WILLS, AGENT. PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS L D~ decedent make a transfer and: Yes No a. retain the use or income of the property transferred :.......................................................................................... ^ b. retain the right to designate who shay use the property transferred a Its Income :............................................ ^ c. retain a reversbnary interest; or ...................................................................................................................... .... ^ d. receive the promise for frfe of either payments, benefds or care? .............................................................. ^ 2. If death occurred after Dec. 12, 1962, did decedent transfer property within one year of death without receiving adequate consideretbn7 ............................................................................................................. ^ 3. Did decedent own an 'in trust for" orpayable-upon-death bank account a secudly at his a her death? .............. ^ 4. Did decedent own an individual retirement account, annuity orothernon-probate properly, 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 _.., ~,f'lll "°J..%6~~t'~k!~N~11~9'' IfCAI&Ik~iii~leamiiireiawuwuaq~ixwi"xeamxaammn;~ra.axix .. we:a:..~.nW,~,W. ,,,~..~.... m.., or ales b death on or after July 1,1994, and before Jan. 1, 1995, the tax rate unposed on the net value o(iransfers to or for the. use of the surviving sparse is 3 percent [72 P.S. §9116 (a) (1.1) (()], For dates of death on or after Jan. 1, 1995, the tax rate imposed on the net value of transfers to or fa 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 sOll applicable even if the surviving spouse is the only benetidary. 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)1. The lax 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 172 P.S. §9116(a)(1.3)), 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-1502 EX+ (O1-10) ~ . pennsylvania SCHEDULE A DEPARTMENT OF REVENUE INHER1TAnCE TAX RETURN REAL ESTATE RESIDENT DECEDENT FRANCES E. FREET FnerouMaeR: 21-10-0197 All real property owned solely or as a tenant in common must be reported at fair market value. Fair market value is defined as the price at which property would be exchanged between a willing buyer and a w(Iling seller, neither being compelled to buy or sell, bath having reasonable knowledge of the relevant facts. Reel property that is fointlyowned with rlpht of survivorship must be dlsdosed on Schedule F. Attach a copy of the settlement sheet if the property has been sold. N M ER Include a cDpy of the deed showing decedent's interest if owned as tenant in common. VALUE AT DATE DESCRIPTION OF DEATH 1' 15 Appalachian Drive, Middlesex Township, Cumberland County, Pennsylvania *see attached "Notice of Change of Assessment." $235,100.00-° TOTAL (Also enter Dn Line 1, Recapitulation) I~ 235 ~ 1 ~~ ~00 If more space is needed use additional sheets of paper of the same size. REV-1503 tJ(+ (g-gg) SCHEDULE B COMMONWEALTH OF PENNSYLVANIA STOCKS & BONDS INHERRANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FRANCES E . FREET FILE NuMaER 21-10-0197 All property jointlyowned wkh right of survivorship must be disclosed on Schedule F. ITEM 1. Wachovia/Wells Fargo Advisors, LLC Account No. 3253-6669 Dividend and interest accruals 2• I Smith Barney, Account #73H-00745-13 (stocks) `see attached documentation $764,874.19-" 3,180.40 9,136.83 70TAL (Also enter on line 2 Recapitulation) I $ 7 7 7 , 191 4 2 (If more space is needed, insert additional sheets of the same size) REV-7508 EX+ (8-98) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEb~/LE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY FRANCES E. FREET Fll_ElvuMeER 21-10-0197 include the proceeds of IMigaUan and the date the proceeds vrore received by the estate. All property)olnUy-oWmed with fight of aurvivorahip must be disclosed on Schedule F. ITEM 1. M&T Bank,~Savings Account #15004207117208 (closed 3/1/10) 2. M&T Bank, Checking Account #950843052 (closed 3/1/10) 3. Smith Barney, Account #73H-00745-13 Bank. deposits, $7,726.31 CDs, $265,318.35 Accrued interest, $2,515.76 4. Household goods and furnishings 5. Newspaper subscription refund 6. Blue Cross insurance refund 7. Sale of 2002 Honda Civic 8. Automobile insurance refund 9. 2009 State income tax refund 10. 2009 Federal income tax refund *see attached documentation (If more space is needed, insert additional sheets of the same size) VALUE AT DATE OF DEATH $ 1,824.69', 12 , 206.24x` 275,560.42'- 14,000.00 70.50 248.03 5,000.00 113.47 443.00 6,537.00 TOTAL (Also enter on line 5, Recapitulation) s 1316 , 003.3 5 REV-1511 Ex~a~ (]U-09) ek .:, r ~ ~ Pennsylvania ~ DEPARTMENT DP REVENUE INNERlTANCE TAx RETURN RESIDENT DEt~DENT c~iw~e ur FRANCES E. FREET ITEM NUMBER A. 1. 2. 3. SCHEDULE H FUNERAL EXPENSES AND ADMINISTRATIVE COSTS FILE NUMBER 21-10-0197 Decedent'c debts must be reported on Schedule I. FUNERAL EkPENSES: ~ w. ~~~~~ Hoffman Roth Funeral Services $2,794.31, 200.00 Luncheon Clergy, etc. B. ADMINISTRATNE COS75: 1. Personal Representative Commissions: Name(s) of Personal Representative(s) ri O n e Street Address ~ State _ ZIP Year(s) Commission Pald: Andrew & Johnson Z• AttomeyFees: Marc Roberts, Esquire $156.00, 500.00 3• Family Exemption: (If decedent's address is not the same as dalmant's, attach explanation.) Qalmant n / g Street Address City State _ ZIP Relationship of gaimant to Decedent Register of Wills, initial probate 4• Probate Fees: Cumberland Law Journal, legal advertisin; Sentinel, legal advertising S• Aaountant Fees: 6• Tax Retum Preparer Fees: ~, M&T, drill box 8. Wells Fargo Advisors, DOD valuation 9. Overhead Door Co., garage door repair 10. Lebo's Plumbing, sink repair 11. Schrook's Arbor Services, tree removal If more space is needed, use additional sheets of paper of the same size. $ 2,994.31 243.06 600.00 460.00 656.00 873.50 75.00 145.06 150..00 37.20 118.28 239.56 490.00 TOTAL (Also enter on Line 9, Recapitulation) I ~ Continued Estate of FRANCES E. FREET File No. 21-10-0197 SCHEDULE H - continued 12. Erlich Pest Control $180.20, 187.62 $ 367.82 13. Oilers Lawn Services, mowing, etc. $63.60, 127.20, 63.60, 63.60, 63.60, 187.62 569.22 14. Allied Insurance, homeowners 645.00 15. MTMA, septic tank pump out permit 5.00 16. Bank charge 13.00 17. EMBAR Master Trust, return. of pension 610.12 18. Peck's Septic Service, pump out, inspection 170.00 19. John F. Freet, Executor's expenses, mileage, postage, etc. 3,119.00 20. Register of Wills, additional fee for letters 150.00 19. Register of Wills, filing tax return 15.00 $12,746.13 REV-157.7. EX+ (12•n8) ~ pennsylvania ~` ~ DEPARTMENT OF REVENUE INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES & LIENS ESTATE OF FILE NUMBER FRAN('F4 F FREET 21-10-0197 Report debts incurred by the decedent prior to death that remained unpaid at the date of death, including unreimbursed medical expenses. ITEM NUMBER DESCRIPTION VALUE AT DATE !1L DC~Tu 1' Ro ers Flowers bill Y ( prior to decedent's death) $ 2. Card Services, credit card 3. Century Link, telephone $37.83, 39.40, 37.89, 37.89, 37.89, 37.81, 37.81, 37.81 4. FIA Card Services, credit card 5. AT&T, telephone $66.44, 9.05, 9.12, 9.12, 7.91 9.36, 7.91, 7.86 6. PP&L, $767.22, 109.04, 93.73, 115.44 119.13, 129.14, 129.76, 101.20 7. Carlisle HMA Physicians, medical 8. Hartell Eye, medical 9. Penny G. Davis, Tax Collector, real estate taxe 42.40 165.07 304.33 262.80 126.77 1,564.66 155.00 75.63 2,509.49 TOTAL (Also enter on Une 10, Recapitulation) I ~ If more space is needed, insert additional sheets of the same size. REV-1513 EX+ (O1-10) ~ pennsylvania SCHEDULE J " DEPARTMENT OF REVENUE tNNERrrANCE TAx REruRN BENEFICIARIES RESIDENT DECEDEM ESTATE OF; FILE NUMBER: FRANCES E. FREET 21-10-0197 NUMBER NAME AND ADDRESS OF PERSON 5 RECETVfNG PROPERTY RELATIONSHIP TO DECEDENT AMOUNT OR SHARE O Do Not Llst Trustee(s) OF ESTATE I TAXABLE DISTRiBUl10N5 [Include outright spousal distributions and transfers under Sec 9116 (a) (1.2).) 1• John Fralich Freet, Jr. son 50% 2268 Sutton Road, York, PA 17403 2. Margaret Elizabeth Atkins 308 Grandview Avenue, Morgantown, 26501' daughter ~ 50% ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON 11NE5 15 THROUGH 18 OF REV-1500 COVER SHEET, AS APPROPRIATE. NON-TAXABLE DISTRiBUTI0N5 A. SPOUSAL DLSIRIBUTIDNS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX !S NOT TAKEN: 1. B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS: 1. TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-15D0 COVER SHEET I$ If more space is needed, use additional sheets of paper of the same size. Cumberland County Board of Assessment Appeals ~ Old Courthouse, First Floor ' One Courthouse Square Carlisle, PA 17013 21001547-3A-23650 IurIILu116nnrILLL6rIuIJnnIL6lnulLhhnrlll FREET, FRANCES E 15 APPALACHIAN DRIVE CARLISLE, PA 17015-8515 92ao , T26 P1 Deadline for Scheduling an Informal Review Appointment: August lo, 2010 For details, please see the reverse side. The Cumberland County Board of Assessment Appeals is providing you with notice of the value on this property, determined as a result of the Cumberland County countywide reassessment completed this year. The countywide reassessment values each property at current Fair Market Value, as of January 1, 2010, equalizing and establishing a uniform tax base so that properties of like characteristics and the same actual Fair Market Value will be taxed the same: VALUE NG~TIF=1CATiON MAILING DATB: July 1, 2010 Huaic. a 21 - MIDDLEat^i.7C TOWHS1iIP Sebool s a - CWlBSA1,11D~ vALLSx 8D Loeatioa: 15 APPALACHIAN DAIVB LAND APPAOX 2 ACR88 Taxable Property Land Size: 2.00 aere^ Property ':ype s R Resideatial(Uader SO Acres) Homestead Approved ESTIMATED TA;K IMPACT FORMAL APPEAL DEADLINE: August '10, 2010 Parcel Identifier: 21-08-0571-004. 2010 Base Year Assessed Value Old Assessed Value Fair Market Value (2010 Marketx 100°b (2004 Market Land 72,900 72,900 55,000 Buildings 162,200. 162,200 125,790 TOTAL 235,100 235,100 180,790 2010 Clean and Green Values Land NOT NOT NOT Buildings APPLICABLE APPLICABLE APPLICABLE TOTAL Clean and Green values apply to qualified farm and forest land and become a%ctive only upon application and approval: 'Clean and Green applications must be received by the Assessment Office no later than 4:30 p.m. ort October 15, 2010 Those . previously approved for Clean and Green do not need to re-apply. Below is your preliminary estimate of county taxes for 2011 (after reassessment), compared with your 2010 (current) county taxes. A total estimated tax profile (county, municipal, school district) is available online. See our webpage, www.ccoa.net. Click under "Reassessment" in lower right of home page. Current 2010 County mills 2.579 Adjusted 2010 County mills = 2:074 $ 466 2010 COUNTY Tax BEFORE Reassessment. $ 488 2010 COUNTY Tax AFTER Reassessment. (see reverse side) i. WACHOVIA May 04, 2010 Estate of Frances E. Freet c/o John F. Freet, Jr., Exec 2268 Sutton Road York, PA 17403 RE: Frances E. Freet Dear John Freet: Thank you for contacting Wells Fazgo Advisors regazding the account(s) of Frances E. Freet. Attached is the information regarding the date of death valuation requested. If you need any further assistance, please contact an Estate Processing Specialist at 866-786-4890, weekdays 8 a.m. to 6 p.m., ET. Sincerely, rQ CsC~res~ z r,~rre Patrick Lane Managing Director Wells Fargo Advisors, LLC Or VALUE Or Any Bank Atlltlnte ind a separate, non-baolc affiliate of Wells Fargo. ""'.c'agc ecrv~ces OIICrW UWngti WCIIS Fargo Advisors, LLC, 8 Member NYSE and SIPC. Wachovia Bank is a division of Wells Fargo Bank, N.A. SCHEDULE 1;-1 BKl70A.ra 809768893 3078727 32836889 Estate valuation Frances E Freer Date of Death: 02/17/2010 Estate of: Frances E Freer valuation Date: 02/17/2010 Acco unt: 3253-6669 Processing Date: 05/04/2010 Report Type: Date of Death Numberof Securities: 29 File IP: 3"53-5559 Shares Security Mean antl/or Div and int Security or Par Description High/Ask Low/Bid Adjustments Accruals Value 1) 9990 ALLIED IRISH BK5 PLC (019228902) 5 PON ADR ORD _ New York Stock Exchange 02/17/2010 3.13000 3.02000 H/L 3.075000 13,653.00 2) 6607 ATST INC (002068102) COM New York Stock~Exchange 02/17/2010 25.52000 25.20D00 H/L 25.3600D0 167,553.52 3) 800 CENTERPOINT ENERGY TNC (151897107) , COM New York .Stock Exchange 02/17/2010 19.09D00 13.95000 H/L Div; 0.195 Ex: 02/11/2010 Rec: 02/16/2010 Pay: 03 /10/2010 19.020000 156.00 11,216.00 9) 721 COMCAST CORP NEW (20030N101) CL A The NASDAQ Stock Market I;LC 02/17/2010 15.77000 15.60000 H!L 15.685000 11,308.89 5) 59 DIRECTV (25990A101) COM CL A The NASDAQ Stock Market LLC 02/17/2010 31.83000 30.87500 H/L 31.352500 1,693.09 6) 18 EL PASO CORP (28336L109) COM New York Stock Exchange 02/17/2010 10.59000 10.38000 H/L 10.985000 188.73 7) 9000 EXXON MOBIL CORP (302316102) COM New York Stock Exchange 02/17/2010 66.95000 65.57000 H/L Div: 0.42 Ex: 02/OB/2D10 Rec: 02/10/2010 Pay: 03/1 0/2010 66.010000 1,680.00 269,090.00 8) 26 FAIRPOINT COMMUNICRTIONS INC (305560104) COM New York Stock Exchange 02/17/2010 0.02800 0.02600 H/L 0.027000 0.70 9) 600 FPL GROUP INC (302571104) COM New York Stock Exchange 02/17/2010 96.60000 95.70000 H/L 96.150000 36,920.00 10) 6172 JUNIATA VALLEY FINL CORP (482016102) COM OTC Bulletin Board " 02/16/2010 17.25000 17.15000 H/L 02/18/2010 17.15000 17.15000 H/L Div: 0.2 Ex: 02/10/2010 Rec: 02/15/2010 Pay: 03/01/2010 17.175000 1,239.90 106,009.10 111 62 LSI CORPORATION (502161102) COM New York Stock Exchange 02/17/2D10 5.68000 5.95D00 H/L 5.565000 395.03 Page 1 This report was produced with Estateval, a product of Estate Valuations a Pricing Systems, Tnc. If you have questions, please contact EvP Systems at (818) 313-63 D0 or www.evpsys.com. (Revision 7.1.11 Date of Death: 02/17/2010 Estate of: Frances E Freet Valuation Date: 02/17/2010 Account: 3253-6669 Processing Date: 05/09/2010 Report Type: Date of Death Number of Securities: 29 File ID: 3253-6669 Shares Security Mean and/or Div and Int Security or Par Description Hioh/Ask 7,ow/Rid Adjustments Accruals Value 12) 976 MCNESSON CORP (SB155Q103) COM New York Stocl: Exchange 02/17/2010 60.50000 59.30000 H/L 59.900000 13) 51 NCR CORP NEW (62886E1061 COM New York Stock Exchange 02/17/2010 13.23000 13.05000 H/L 13.190000 19) 28 NORTHROP GRUMMAN CORP (666807102) COM New York Stock Exchange 02/17/2010 59.95000 59.90000 H/L. 59.675000 15) 100 PACTIV CORP (695257105) COM New York Stock Exchange D2 /17/2010 23.98000 22.66000 H/L 23.180000 16) 2000 PPL CORP (693517106) COM New York Stock Exchange 02/17/2010 29.96000 29.55000 H/L 29.755000 17) 297 QWEST COtR9UNICATI0N5 INTL INC (799121109) COM New York Stock Exchange 02/17/2010 4.98000 9.91000 H/L 4.945000 Div: 0.080000 Ex: 02/17/2010 Rec: 02/19/2010 Pay: 03/12/2010 + 0.080000 4.525000 18) 91 RAYTHEON CO (755111507) COM NEW New York Stock Exchange 02/17/2010 59.81000 53.92000 H/L 59.365000 191 630 RRI ENERGY INC (79971X107) COM New York Stock Exchange 02/17/2010 5.03000 9.69000 H/L 4.960000 20) 200 SUNOCO INC (86769P109) COM New York Stock Exchange 02/17/2010 27.06000 26.59000 H/L 26.825000 Div: 0.15 Ex: 02/12/2010 Rec: 02/17/2010 Pay: 03/10/2010 21) 900 TECO ENERGY INC (872375100) - COM New York Stock Exchange 02/17/2010 15.30000 15.06000 H/L 15.190000 Div: 0.2 Ex: 02/10/2010 Rec: 02/12/2010 Pay: 02/26/ 2010 22) 20 TENNECO INC (680399105) COM New York Stock Exchange 02/17/2010 20.75000 19.95000 H/L 20.100000 28,512.90 670.19 1,670.90 2,318.00 59,510.00 1,393.93 2,228.97 3,124.80 5,365.00 30.00 6,076.00 80.00 902.00 Page 2 This report was produced with EstateVal, a product of Estate Valuations & Pricing Systems, Inc. If you have questions, please contact Evp Systems at (818) 313-6300 or www.evpsys.com. (Revision 7.1.1) Date of Death: 02/17/2010 Valuation Date: 02/17/2010 Processing Date: 05/09/2010 Shares Security or Par Description 23) 7 TRONOX INC 1097051207) COM CL B Other OTC 02/17/2010 29) 1399 VERIZON COMMUNICATIONS INC (92393V109 COM New York Stock Exchange 02/17/2010 Total Value: Total Accrual: Total: $768,054.59 Titled: EST OF FRANCES E FREET JOHN F FAEET JR EXEC 2260 SUTTON RD YORK PA 17903-9539 Account was opened on 3/10/2010. Estate of: Frances E Freet Account: 3253-6669 Report Type: Date of Death Number of Securities: 29 File ID: 3253-6669 Mean and/or Div and Int Security Hi o_h/As4: Low/Bid Adjustments Accruals Value 0.50000 0.95000 H/L 0.975000 29.90000 29.03000 H/L 29.215000 Portfolio Endnotes 3.33 90,725.71 $769,879.19 53,180.90 Page 3 This report was produced with EstateVal, a product of Estate Valuations d Pricinq Systems, Inc. If you have questions, please contact EVP Systems at 1818) 313-6300 or www.evpsys.com. (Revision 7,1.11 " _... _ _. ~ EMPLOYEE NUMBER DEBIT. WIP TRA S CTIO GF-x6919/0)1 ORIGINATIIJ6 cosT c~ ~-~ ~' ~ DATE 3 / ?d/ O CENiER° ~ ~ f 0 3) ~~ AUTHORIZATION SUB PDRO~UOTt, AC~OU~ Mr,~ O ~ O ~ / l ~ ~ ~ ~ GUS~MER NAME (PRINT) ~ rr { ~ ~~ESCRIPTION r ' / may( 4 G c~ . / /,(~-~ ~ G ~it,( Gf 'Y/ Original-Processing Work Copy -Branch ~'~ ~ G/L N0. OSTING CbST CTF 2 1 9 0 7 8 7 JVLIAN UAIE / GVST CENTER SEQ. NO. O(vI 3 ~ AMOUNT l g a ~ ~ y ORIGINATN6 cosy ~{- 3 ~ 9 EMPLOYEE NUMBER ~ 3 ~ d 9 DEBIT• WIP TR ANION HORIZATION E aF•xw laon DATE / ~~G~ CENTER ~ AUT SUB P~0¢,U ~ f~C05 #O "~ ' !. ~ ~ T O CUSTO ER NAME (PRINT) ~-ru,~~u S E. fire f DESCRIPTION 1 1 ~ ~ ^ ~ L ~ ~ / G ~ nG Original • Processing Work Copy -Branch G/L. NO. POSI~WG COSH CTR. LIAN DATE ~ COST CENTER SEO. NO. s 1 s o i'- 's ~ - ~, I ~ 3 9 AMOUNT SCHEDULE E-1, 2 "1 smith Barney Frances E Freet 15 Appalachian Dr Carlisle PA 17015-8515 Balances As of 02/ 17/2010 Prepared l.]y Cl~a.iles ie4eKain/David Metz 717 258 4363 Acct No. 73H-00745-13 Market Value % OfAssets*` Sank Deposits $7,726.31 2.71% Stocks 9,136.83 3.21 CD's 265, 318.35 93.19 Accrued Interest 2,515.76 0.88 Total Account Value $284,697.25 100.00% ** % of Assets reflects account balances as a percentage of long position & cash rounded to the nearest hundredth. As a result the total m.rv not equal 100%. 'third-party and Morgan Stanley research on certain companies is available to clients of the firm at no cost. Clients can access this researcl i at wwwsmithbazney.com or contact their Financial Advisor to request a copy of this research be sent to them. Investment and insurance products: Not FDIC insured •No bank guarantee •Not insured by any federal government agency •Not a bank deposit •May lose value c;iugroup Investment Reseazch's research ratings are displayed within the Research Rating column in 'Holdings'. SCHEDULE B-2 Page i ofs SCHEDULE E-3