HomeMy WebLinkAbout04-0663
06-06-2006
WOLFSON
05-10-2004
21 04-0663
CUMBERLAND
101
APPEAL DATE: 08-05-2006
( See reverse side under Objections)
Amount Remitted I I
MAKE CHECK PAYABLE AND REMIT PAYMENT TO:
REGISTER OF WILLS
CUMBERLAND CO COURT HOUSE
CARLISLE, PA 17013
CUT ALONG THIS LINE --+ RETAIN LOWER PORTION FOR YOUR RECORDS +--
REv:is47-Ex-AFP-coi:osj-NoTlcE-OF-INHERITANCE-TAX-APPRAISEMENT:-ALLowANCE-OR---------------
DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX
MARJORIE J FILE NO. 21 04-0663 ACN 101
BUREAU OF INDIVIDUAL TAXES
INHERITANCE TAX DIVISION
PO BOX 280601
HARRISBURG PA 17128-0601
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
NOTICE OF INHERITANCE TAX
APPRAISEMENT, ALLOWANCE OR DISALLOWANCE
OF DEDUCTIONS AND ASSESSMENT OF TAX
STEVEN J SCHIFFMAN
SERRATELLI ETAL
2080 LINGLESTWN RD 20
HBG PA 17111
DATE
ESTATE OF
DATE OF DEATH
FILE NUMBER
COUNTY
ACN
ESTATE OF
WOLFSON
REV-1547 EX AFP (06-05)
MARJORIE
J
TAX RETURN WAS: (X) ACCEPTED AS FILED
CHANGED
DATE 06-06-2006
NOTE: If an assessment was issued previously, lines 14, 15 and/or 16, 17, 18 and 19 will
reflect figures that include the total of ALL returns assessed to date.
ASSESSMENT OF TAX:
15. Amount of Line 14 at Spousal rate (15)
16. Amount of Line 14 taxable at Lineal/Class A rate (16)
17. Amount of Line 14 at Sibling rate (17)
18. Amount of Line 14 taxable at Collateral/Class B rate (18)
19. Principal Tax Due
TAX CREDITS:
.00 X 00 = .00
71,408.00 X 045 = 3,213.00
.00 X 12 = .00
.00 X 15 = .00
(19)= 3,213.00
RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE
APPRAISED VALUE OF RETURN BASED ON: SUPPLEMENTAL RETURN
1. Real Estate (Schedule A) (1)
2. Stocks and Bonds (Schedule B) (2)
3. Closely Held Stock/Partnership Interest (Schedule C) (3)
4. Mortgages/Notes Receivable (Schedule D) (4)
5. Cash/Bank Deposits/Misc. Personal Property (Schedule E) (5)
6. Jointly Owned Property (Schedule F) (6)
7. Transfers (Schedule G) (7)
8. Total Assets
NO. 01
.00
2,445.00
.00
.00
.00
.00
.00
(8)
APPROVED DEDUCTIONS AND EXEMPTIONS:
9. Funeral Expenses/Adm. Costs/Misc. Expenses (Schedule H)
10. Debts/Mortgage Liabilities/Liens (Schedule I)
11. Total Deductions
12. Net Value of Tax Return
13. Charitable/Governmental Bequests; Non-elected 9113 Trusts (Schedule J)
14. Net Value of Estate Subject to Tax
(9)
(10)
265.00
.00
(11)
(12)
(13)
(14)
NOTE: To insure proper
credit to your account,
submit the upper portion
of this form with your
tax payment.
2,445.00
265 00
2,180.00
.00
71,407.00
.. I NUMBER II l + J AMOUNT PAID
DATE INTEREST/PEN PAID (-)
08-06-2004 .1 CD004247 155.74 2,959.00
04-18-2006 CD006578 .00 98.00
INTEREST IS CHARGED THROUGH 06-21-2006 TOTAL TAX CREDIT 3,212.74
AT THE RATES APPLICABLE AS OUTLINED ON THE BALANCE OF TAX DUE .26
REVERSE SIDE OF THIS FORM INTEREST AND PEN. 6.40
TOTAL DUE 6.66
* IF PAID AFTER DATE INDICATED, SEE REVERSE
FOR CALCULATION OF ADDITIONAL INTEREST.
IF TOTAL DUE IS LESS THAN $1, NO PAYMENT IS REQUIRED. \~
IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR), YOU MAY BE ~UE /'Z\,.i
A DI:'I:'II...n C"'I:'I:' DI:"'l::nrl:' r"Tnr- ....r- "T"......... r"............ r-...._ _...___..____.__
CUMBERLAND
Register of Wills of / County, Pennsylvania
PETITION FOR GRANT OF LETTERS
Estate of Marjorie J. Wolfson
also known as
, Deceased
149-01-4292
Social Security No.
(COMPLETE "A" OR "B" BELOW:)
A. Probate and Grant of Letters and aver that Petitioner(s) is/are the execut
Decedent, dated 6-22-1999 and codicil(s) dated
__ named in the Last Will of the
Note: First named Executor was husband who died on 5-22-02.
Except as follows, Decedent did not marry, was not divorced, and did not have a child born or adopted after execution of the documents offered
for probate; was not the victim of a killing and was never adjudicated incompetent:
B. Grant of Letters of Administration
(c.t.a., d.b.n.c.t,m: p~.dente lite; dursnte &blentle, dur~te rninofite[eJ
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:
Name Relationship
Residence
(COMPLETE IN ALL CASES:) Attach additional ~:heets if necessary.
Decedent was domiciled at death in Cumberland County, Pennsylvania, with his/her last family or principal
residence at Count:ry Neadows, 4831 E. ?rindle Road, Nechanicsburq, PA 17055
,, .......... bo,.,.,~.,~..,,v, Carolyn Croxton Slane
Decedent, then 86 years of age, died May I 0 ,20 0__4. at Hospice Residence
(Location)
Decedent at death owned property with estimated values as follows:
(If domiciled in PA) All personal property .............................. $ 1 9,0 0 0
(If not domiciled in PA) Personal property in Pennsylvania ......................
(If not domiciled in PA) Personal property in County .......................... $
Value of real estate in Pennsylvania ............................................... $
Total .............................................................. $ 19. 000
Real Estate situated as follows:
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:
I (. Typed or printed name and residence
marc deffrey woifson
311 Reeser Rd,, Camp Hill, PA 17011
Oath of Personal Representative
Commonwealth of Pennsylvania
County of
The Petitioner(s) above-named swear(s) and 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 T/~a~te according to law. , /
Sworn to and affirmed and subscribed
before me this /5 TN day of
J- L 04
DECREE OF REGISTER
also known as
Social Security No: i 4C~- 0t-4 7~- Date of Death: 5 't0' 0~'1
AND NOW, f-/' J 5 0 ~ , 20 , in consideration of the Petition
on the reverse side hereon, sati, sfactory proof having been presented before me,
IT IS DECREED that Letters ,l~Testamentary [] of Administration
are hereby granted to ~Pdfz~O _Ig~J~Et~ vd0tl~-$Ohd
in the above estate and that the instrument(s), if any, dated ~. 'LT... "Ic~
described in the Petition be admitted to probate and filed of record as the last Will of Decedent.
FEES
Letters ...........................
Short Certificate(s) ..........
Renunciation ..................
Affidavit ( ) .................
Extra Pages ( ) ............
Codicil ..........................
JCP Fee ........................
Inventory & Tax Forms...
Other ............................
TOTAL ................
$ o0
Io,O D
AttorneY. Ste~en j.v Schiffma , q
I.D. No: 25488
Address: 2080 Linglestown Rd., Suite 201
Harrisburg, PA 17110
Telephone: (717) 540-91 70
DATE FILED:
'his is to certify that the information here given is correctly copied from an original certificate oF death du y fil:[t ~vith me
1.goal Registrar. The original certificate will be forwarded to the State Vital Records Office for pt~rmanent filing.
WARNING: It is illegal to duplicate this copy by photostat or photograpll~! .
Fee for this certificate, $2.00
No.
as
Date
HmS 1~3Rev 2/87 COMMONWEALTH OF PENNSYLVANIA · DEPARTMENT OF HEALTH · VITAL RECORDS
wPm.,., CERTIFICATE OF DEATH .... E FII.ENUMBER ' --
':NT NAME OF DECED NT iF~'$t M?le, Last) , SEX SOCIAL SECURITY NUMSER Oa. IE. OF DEATH [Monlil, Day Yearl
~ ~ M~ms I ~ys ~ I Mille, [ (M~ffi. Day. Ye~ I State~F~egnC~l~) ~1~:
COUNTY E D~TH Cl~, BOR~F O~TH I FACILI~ ~ME (If n~ ~sbl~. give s~l aa nm~) IwAs 0ECEDENT OF HISPANIC O~lG' IN? IRACE - Amscan t~an. ~.
D~CED~ ~L ~CUPATION [ KtNO ~ ~SINESS t INOUS~RY ~AS Off'DENT EVER IN I ~CE~NTrS E~CArlON ' ~ MARITAL STATUS - M*~ [ SURVIVING S~USE
INF~M~S ~ME (T~l~nl) ' ~ INFORMANT'{ M~LI~DRESS ~r~, C~n, S~. ~ ~)
METH~ OF ~S~Sl~ m m I DATE OF OIS~SITION ~CE OF DISPOSITION- Name of Cemem~. Cr~ [ It~aTIO~ - Citron. Slam Z,p C~e
SIGNAT~ O~FUNERAL ~CE~SE~e PERSON ACT NG AS S~H LICENSE NUM8~ ~E ~ND ADDRESS ~ FACILI~
Co,,~s ~< ~ ~e~ ~ffi~l~ [ / ~ TO ~ ~~, ~ ~ ~/~a ~ p ~ ~at~ LICENSE NUMeER DATE S
::
CAUSE (~e ~ ~ ~ ~
C~PLETt~ OF ~USE ~ ~ ~ D
1
,-
LAST WILL AND TESTAMENT OF MARJORIE J. WOLFSON
I, MARJORIE J. WOLFSON, of Dauphin County, Pennsylvania, revoke any
prior wills and codicils and declare this to be my Will.
ARTICLE I
Family Information
I am married to Sol S. Wolfson, and any reference to my Husband shall be to him.
My children bom before the date of my Will are:
Marc Jeffrey Wolfson.
Alan B. Wolfson.
Niles L. Wolfson.
follows:
ARTICLE II
Tangible Personal Property
General Gift of Tangibles. I give all my tangible personal property as
1. To my Husband if he survives me.
2. If my Husband does not survive me, my Executor may sell any of
my tangible personal property that my Executor may determine I would not wish to have
preserved for my children, and shall add the proceeds of any such sale to my estate. I give the
balance of such property to such of my children as survive me, to be divided among them as they
may agree in as nearly equal shares as practicable, or in the absence of agreement, as my
Executor shall determine.
-1-
B. Survivorship. Except when I may have specifically provided otherwise,
any gift to an individual under this article shall take effect only if the individual survives me, and
no anti-lapse rule shall apply.
C. Gift Includes Insurance. A girl of property under this article includes
my fights under any related insurance policies or the proceeds of such policies.
follows:
ARTICLE III
Residue
Spouse or Alternate. I give my residuary estate, real and personal, as
1. If my Husband survives me, to him.
2. If my Husband disclaims all or part of this gift, the disclaimed
property shall be paid to the Trustee of the Credit-Shelter Trust under this Will to be disposed of
under the terms of that trust.
3. If my Husband does not survive me, to my descendants who
survive me, per stirpes.
B. Simultaneous Death. If my Husband and I die simultaneously or under
such circumstances that the order of our deaths cannot be determined, he shall be deemed to have
died before me for purposes of this article.
ARTICLE IV
Credit-Shelter Trust
Property that is to be held as the Credit-Shelter Trust shall be held under this
article and all references to "Credit-Shelter Trust" shall be to the trust held under this article.
A. During My Itusband's Life. The following provisions shall apply
during my Husband's life.
-2-
1. The Trustee shall distribute to my Husband the net income of the
trust, at least annually.
2. The Trustee shall distribute to one or more of my Husband and my
descendants as much of the principal of the trust as the Trustee may from time to time determine,
in such amounts or proportions as the Trustee may from time to time select, for the recipient's
health, education, support in his or her accustomed manner of living, or maintenance.
3. The Trustee shall distribute to one or more of my Husband and my
descendants as much of the principal of the trust as the Trustee (excluding, however, any
Interested Trustee) may from time to time determine, in such amounts or proportions as the
Trustee (excluding, however, any Interested Trustee) may from time to time select, for any
purpose.
4. If my Husband is living on December 31 of each year and so
directs, the Trustee shall distribute to my Husband the greater of that amount referred to in Code
Sec. 2514(e)(1) (currently, five thousand dollars ($5,000.00)) or that percentage referred to in
Code Sec. 2514(e)(2) (currently, five percent (5%)) of the trust on that date. This right shall not
accumulate from year to year, and the limitation determined with reference to Code Sec.
2514(e)(1) (currently, five thousand dollars ($5,000.00)) shall be reduced to any smaller limit
that would result from taking into account first all other powers held by my Husband that must,
under Code Sec. 2514(e), be aggregated to determine the largest lapse that can occur without
being treated as a release.
5. The Trustee may consider the needs of my Husband as more
important than the needs of my descendants or any other beneficiary.
B. Upon My Husband's Death. Upon the death of my Husband, the
property then held in the Credit-Shelter Trust shall be distributed as follows:
1. To my descendants then living, per stirpes.
C. Spouse's Disclaimer. If my Husband disclaims his interest in the income
and principal of all or a portion of the Credit-Shelter Trust, the disclaimed property shall be
3
disposed of as if he had survived me and died immediately after my death. If my Husband
makes a disclaimer limited to his right to mandatory income payments from the Credit-Shelter
Trust as to all or a portion of the income of the trust, the disclaimed net income shall be disposed
of by the Trustee under terms identical to those that apply to distributions of principal above, and
any income not so distributed shall from time to time be accumulated and added to principal.
ARTICLE V
Takers of Last Resort
My Executor or the Trustee shall distribute any property that is not otherwise
disposed of under my Will (a) one-half (1/2) (or all, if there are no persons to take under item
(b)) to the persons who would have inherited my personal estate, and in the shares that they
would have inherited it, had I died a resident of the Commonwealth of Pennsylvania, unmarried
and without a valid will, on the date on which expires the interest of the last beneficiary of the
property under this Will, and (b) one-half (1/2) (or all, if there are no persons to take under item
(a)) to the persons who would have inherited the personal estate of my Husband, and in the
shares that they would have inherited it, had my Husband died a resident of the Commonwealth
of Pennsylvania, unmarried and without a valid will, on the date on which expires the interest of
the last beneficiary of the property under this Will.
ARTICLE VI
Maximum Duration for Trusts
The Maximum Duration for Trusts means the longest period that property may be
held in trust under this Will under the applicable rules governing perpetuities, vesting,
accumulations, the suspension of alienation, and the like (including any applicable period in
gross such as twenty-one (21) years or ninety (90) years). If under those rules the Maximum
-4-
Duration for Trusts shall be determined (or altematively determined) with reference to the death
of the last survivor of a group of individuals alive on the date of my death, those individuals shall
consist of my surviving Husband, all of my descendants living on the date of my death, and any
surviving spouse of a descendant of mine if both the descendant and the spouse were living on
the date of my death. In the case of any property I have appointed to a trust under this Will from
another trust by exercising a power over the other trust, the date for determining measuring lives
with respect to that property shall be the date that my power was created (rather than on the date
of my death).
ARTICLE VII
Spendthrift Trust
A. No Assignment. No interest in the trust shall be subject to the
beneficiary's liabilities or creditor claims, assignment or anticipation.
B. Protection from Creditors. If the Trustee shall determine that a
beneficiary would not benefit as greatly from any outright distribution of trust income or
principal because of the availability of the distribution to the beneficiary's creditors, the Trustee
shall instead expend those amounts for the benefit of the beneficiary. This direction is intended
to enable the Trustee to give the beneficiary the maximum possible benefit and enjoyment of all
of the trust income and principal to which the beneficiary is entitled.
ARTICLE VIII
Payment of Death Taxes
A. All From Residue. All estate, inheritance, legacy, succession,
generation-skipping, or other wealth transfer taxes that result from my death imposed by any
domestic or foreign taxing authority with respect to all property taxable by reason of my death,
-5-
together with interest and penalties on those taxes, shall be charged against and paid without
apportionment out of the residue of my estate as an administration expense, and with no right of
reimbursement from any recipient of any such property, and before any determination of my
residuary estate or of any shares or interests therein.
B. Reference to Code. I hereby make specific reference to Code Sec.
2207A (concerning tax on QTIP property), Code Sec. 2207B (concerning tax on property
included under Code Sec. 2036), and Code Sec. 2603(b) (concerning the generation-skipping
transfer tax under Chapter 13) and to corresponding provisions of state law and I direct that they
shall apply to the extent they are consistent with the above, and shall not apply to the extent they
are inconsistent with the above.
C. Apportionment Prevails Over Abatement. If payment of taxes from
my residuary estate in accordance with the foregoing exhausts my residuary estate, the balance of
tax due shall be apportioned to property passing as part of my estate and outside my estate, in
accordance with the rules of tax apportionment rather than the rules of abatement.
ARTICLE IX
Executors and Trustees
A. Initial Appointments.
1. I appoint my Husband, Sol S. Wolfson, to be an Executor of this
Will and Trustee of each trust under this Will.
2. I also appoint Marc Jeffrey Wolfson to be an Executor of this Will
and Trustee of each trust hereunder.
3. I also appoint Marc Jeffrey Wolfson to be Trustee of each trust
hereunder.
4. Multiple Executors or Trustees, whether named by me or by
another Executor or Trustee, shall serve together and each may serve even if one or more of them
-6-
shall fail or cease to serve for any reason.
B. Successors.
1. I appoint Niles L. Wolfson to be the Successor Executor of this
Will and the Successor Trustee of each t-rust under this Will, if and when all persons I have
previously named shall fail to qualify or cease to act.
2. I appoint Alan B. Wolfson to be the Successor Executor of this
Will and the Successor Trustee of each trust under this Will, if and when all persons I have
previously named shall fail to qualify or cease to act.
3. I appoint Niles L.Wolfson to be the Successor Trustee of each
trust under this Will, if and when all persons I have previously named shall fail to qualify or
cease to act.
4. I appoint Alan B.Wolfson to be the Successor Trustee of each trust
under this Will, if and when all persons I have previously named shall fail to qualify or cease to
act.
5.
unless expressly indicated.
6.
the following rules:
shall be entitled to serve;
Any reference to "Executor" or "Trustee" includes any successor,
A successor Executor or Trustee shall be entitled to serve based on
ao
First, each Executor or Trustee named by me in this Will
this Will shall be entitled to serve;
c. Third, a then-serving Co-Executor or Co-Trustee
effectively appointed by another Executor or Trustee shall be entitled to continue serving;
d. Fourth, a successor effectively appointed by another
Executor or Trustee shall be entitled to serve.
Second, a successor Executor or Trustee named by me in
-7-
these provisions.
7. Separate trusts hereunder may have different trustees pursuant to
8. In the event that the sole Trustee of a trust is a beneficiary of the
trust, the Trustee may appoint but shall not be required to appoint a Co-Trustee as provided
herein. A beneficiary's interest shall not be merged or converted into a legal life estate or estate
for years because the beneficiary is the sole Trustee, but if this would still happen under
applicable law, then a Co-Trustee shall be appointed in preference to such merger or conversion.
C. Additional Provisions Regarding Changes in Fiduciaries.
1. Any Executor or Trustee may resign at any time without court
approval and whether or not a successor has been appointed.
2. Each individual Executor and Trustee (including successors) shall
have the right to appoint a successor individual Executor or Trustee by an instrument in writing,
such appointment to take effect upon the death, resignation or incapacity of the appointing
Executor or Trustee. An appointment may be changed or revoked until it takes effect. If I have
named a successor or successors to the appointing Executor or Trustee in this Will, the
appointment of a successor under this paragraph shall take effect only if and when all persons
that I have appointed fail to qualify or cease to act.
3. The individuals (and any corporation) acting as my Executor or the
Trustee may at any time acting unanimously by written instrument appoint an individual or a
corporation with fiduciary powers as a Co-Executor or Co-Trustee.
4. If the office of Executor or Trustee of a trust is vacant, and no
successor takes office pursuant to any other provision of this Will, an individual or corporation
with fiduciary powers may be appointed as Executor or Trustee by my Husband if then living
and competent, otherwise by a majority of my adult descendants then living and competent.
5. An Executor or Trustee may be appointed pursuant to this article
for a limited purpose or to hold only specified powers.
-8-
D. Accountings and Other Proceedings.
1. I direct that my estate or a trust hereunder be subject to
independent administration with as little court supervision as the law allows. My Executor and
the Trustee shall not be required to render to any court annual or other periodic accounts, or any
inventory, appraisal, or other returns or reports, except as required by applicable state law. My
Executor and the Trustee shall take such action for the settlement or approval of accounts at such
times and before such courts or without court proceedings as my Executor or the Trustee shall
determine. My Executor or the Trustee shall pay the costs and expenses of any such action or
proceeding, including (but not limited to) the compensation and expenses of attorneys and
guardians, out of the property of my estate or the trust. The Trustee shall not be required to
register any trust hereunder.
2. I direct that in any proceeding relating to my estate or a trust
hereunder, service upon any person under a legal disability need not be made when another
person not under a disability is a party to the proceeding and has the same interest as the person
under the disability. The person under the disability shall nevertheless be bound by the results of
the proceeding. The same rule shall apply to non-judicial settlements, releases, exonerations, and
indemnities.
E. Fiduciary Powers. My Executor and the Trustee may, without prior
authority from any court, exercise all powers conferred by this Will or by common law or by any
fiduciary powers act or other statute of the Commonwealth of Pennsylvania or any other
jurisdiction whose law applies to this Will or to any trust hereby created. My Executor and the
Trustee shall have absolute discretion in exercising these powers. Except as specifically limited
by this Will, these powers shall extend to all property held by my Executor and the Trustee until
the actual distribution of the property. The powers of my Executor and the Trustee shall include
the following powers:
1. My Executor or the Trustee may sell or exchange any real or
personal property contained in my estate, for cash or credit, at public or private sale, and with
-9-
such warranties or indemnifications as my Executor or the Trustee may deem advisable.
2. My Executor or the Trustee may grant security interests and
execute all instruments creating such interests upon such terms as my Executor or the Trustee
may deem advisable.
3. My Executor or the Trustee may make all tax elections and
allocations my Executor or the Trustee may consider appropriate, including any election to treat
a revocable trust created by me as part of my estate for income tax purposes; however, this
authority is exercisable only in a fiduciary capacity and may not be used to enlarge or shift any
beneficial interest except as an incidental consequence of the discharge of fiduciary duties. Tax
elections and allocations made in good faith shall not require equitable adjustments.
4. My Executor or the Trustee may distribute any of my estate to a
beneficiary under twenty-one (21) years of age by distribution to any appropriate person (who
may be an Executor) chosen by my Executor or the Trustee as custodian under any appropriate
Uniform Transfers (or Gifts) to Minors Act, to be held for the maximum period of time allowed
by law. My Executor or the Trustee may also sell any asset that cannot be held under this
custodianship and invest the sales proceeds in assets that can be so held.
5. My Executor or the Trustee may divide and distribute the assets of
my estate in kind, in money, or partly in each, without regard to the income tax basis of any asset
and without the consent of any beneficiary. The decision of my Executor or the Trustee in
dividing any portion of my estate between or among multiple beneficiaries shall be binding on all
persons.
6. My Executor or the Trustee (excluding, however, any Interested
Trustee) may allocate receipts and disbursements to income or principal in such manner as my
Executor or the Trustee (excluding, however, any Interested Trustee) shall determine, even
though a particular allocation may be inconsistent with otherwise applicable state law. My
Executor shall follow any direction by the Trustee of a trust (excluding, however, any Interested
Trustee) with respect to allocations affecting property passing to that trust.
-10-
7. My Executor or the Trustee (excluding, however, any Interested
Trustee) may amortize in whole or in part the premium on securities received or purchased at a
premium, or treat as income the gross return from such securities. I anticipate (but I do not
direct) that the Trustee will consider amortization when failure to amortize would result in a
substantial impairment of principal. My Executor shall follow any direction given by the Trustee
of a trust (excluding, however, any Interested Trustee) with respect to amortizations affecting
property passing to that trust.
F. Exoneration from Security. No Executor or Trustee shall be required to
give bond or other security in any jurisdiction, and if despite this exoneration a bond is
nevertheless required, no sureties shall be required.
G. Additional General Provisions Regarding Fiduciaries.
1. "Interested Trustee" means for any trust a Trustee who is (i) a
transferor of property to the trust, including a person whose qualified disclaimer resulted in
property passing to the trust; or (ii) a person who is or in the future may be eligible to receive
income or principal pursuant to the terms of the trust. A Trustee described in (i) is an Interested
Trustee only with respect to the transferred property (including income and gain on, and
reinvestment of, such property). A person is described in (ii) even if he or she has a remote
contingent remainder interest. A Trustee who is not an Interested Trustee is a "Disinterested
Trustee."
2. My Executor may make distributions directly from my estate to
beneficiaries of a trust hereunder, but only at the direction of the Trustee authorized to make such
distributions.
3. Under this Will, if two or more separate trusts with the same
beneficiaries and same terms are created, either by direction or pursuant to the exercise of
discretion, I intend that the separate trusts may but need not have the same investments and may
but need not follow the same pattern of distributions. The Trustee's powers shall be exercisable
separately with respect to each trust.
-11-
4. Except to the extent specifically provided otherwise in this Will,
references to my Executor or the Trustee shall, in their application to my estate or a trust
hereunder, refer to all those from time to time acting as Executors or Trustees of that Trust and if
two or more Executors or Trustees are eligible to act on a given matter they shall act by majority.
In the exercise of discretion over distributions, if this Will provides that certain Trustees may
participate in distributions limited by an ascertainable standard, while a different set of Trustees
may participate in distributions for any purpose, if the two sets of Trustees (each acting by its
own majority) want to distribute the same item of income or principal to different recipients, the
distribution desired by the set of Trustees participating in distributions for any purpose shall
prevail.
5. Individual Executors and Trustees shall receive compensation in
accordance with the law of Pennsylvania in effect at the time of payment, unless the Executor or
Trustee waives compensation; provided that my Husband and descendants shall serve without
compensation. A corporate Executor or Trustee shall be compensated by agreement with the
individual Executor or Trustee or in the absence of such agreement in accordance with its fee
schedule as in effect at the time of payment. I authorize a corporate Executor or Trustee to
charge additional fees for services it provides to my estate or a trust hereunder that are not
comprised within its duties as Executor or Trustee, for example, a fee charged by a mutual fund
it administers in which my estate or a trust hereunder invests, or a fee for providing an appraisal,
or a fee for providing corporate finance or investment banking services. I also recognize that a
corporate Executor or Trustee may charge separately for some services comprised within its
duties as Executor or Trustee, for example a separate fee for investing cash balances or preparing
tax returns. Such separate charges shall not be treated as improper or excessive merely because
they are added on to a basic fee in calculating total compensation for service as Executor or
Trustee. Insurance proceeds and retirement benefits payable to my estate shall not be subject to
Executor's compensation.
-12-
6. No Executor or Trustee shall be liable to anyone for anything done
or not done by any other Executor or Trustee or by any beneficiary.
7. The fact that an Executor or Trustee is active in the investment
business shall not be deemed a conflict of interest, and purchases and sales of investments may
be made through a corporate Executor or Trustee or through any firm of which a corporate or
individual Executor or Trustee is a partner, shareholder, proprietor, associate, employee, owner,
subsidiary, affiliate or the like, and property of my estate or a trust hereunder may be invested in
individual securities, mutual funds, partnerships, private placements, or other forms of
investment promoted, underwritten, managed, or advised by an Executor or Trustee or such a
firm.
8. The fact that an Executor or Trustee (or a firm of which an
Executor or Trustee is a member or with which an Executor or Trustee is otherwise affiliated)
renders legal or other professional services to my estate or a trust hereunder shall not be deemed
a conflict of interest, and my Executor or the Trustee may pay fees for such services to such
Executor or Trustee or firm without prior approval of any court or any beneficiary and whether
or not there is a Co-Executor or Co-Trustee to approve such payment. An attorney or other
Executor or Trustee who also renders professional services shall receive full compensation for
both services as Executor or Trustee and the professional services rendered, except as specifically
limited by law.
9. No state law restraint on acts of self-dealing by a fiduciary shall
apply to an Executor or Trustee who is my Husband or a descendant of mine. Except when
prohibited by another provision of this Will, such an Executor or Trustee may enter into
transactions on behalf of my estate or a trust hereunder in which that Executor or Trustee is
personally interested so long as the terms of such transaction are fair to my estate or the trust.
For example, such an Executor or Trustee may purchase property from my estate or the trust at
its fair market value without court approval.
-13-
10. If I have given the Trustee discretion concerning distributions of
income or principal, that discretion shall be absolute and uncontrolled, and subject to correction
by a court only if the Trustee should act utterly without reason, or in bad faith, or in violation of
specific provisions of this Will. If I have set forth general guidelines (as opposed to directions or
dollar limits) for the Trustee in making distributions, those guidelines shall be merely suggestive
and shall not create an enforceable standard whereby a distribution could be criticized or
compelled. It is my strong belief that the Trustee will be in the best position to interpret and
carry out the intentions expressed herein under changing circumstances. This paragraph shall not,
however, apply to any standards framed in terms of health, education, support (including support
in an accustomed manner of living) or maintenance as those words shall create an ascertainable
standard for federal tax purposes when applied to a trustee's power or a power held individually,
although even in those cases the holder of the power shall have as much discretion as consistent
therewith. An Interested Trustee may exercise discretion to make distributions to himself or
herself subject to an ascertainable standard notwithstanding any contrary rule of law.
11. Notwithstanding any other provision of this Will, each Trustee is
prohibited from making, voting on, or otherwise participating in any discretionary distribution of
income or principal from a trust that would discharge or substitute for a legal obligation of that
trustee, including the obligation to support a beneficiary of the trust. Subject to that, in
exercising discretion over distributions, the Trustee may consider, or may disregard, other
resources available to any beneficiary.
12. Unless I have specifically provided otherwise, and subject to any
ascertainable standard governing its exercise, the Trustee's discretionary power to distribute
income or principal includes the power to distribute all of such income and/or principal to one or
more members of a class to the exclusion of others whether or not the terms of the trust
specifically mention that possibility.
13. A Trustee may irrevocably release one or more powers held by the
Trustee while retaining other powers.
d'~
14. Any Executor or Trustee may delegate to a Co-Executor or Co-
Trustee any power held by the delegating Executor or Trustee, but only if the Co-Executor or
Co-Trustee is authorized to exercise the power delegated. A delegation may be revocable, but
while it is in effect the delegating Executor or Trustee shall have no responsibility concerning the
exercise of the delegated power.
Will:
ARTICLE X
Definitions and Miscellaneous Provisions
The following definitions and miscellaneous provisions shall apply under this
A. Children and Descendants Whenever Born. References to "children"
and "descendants" shall include children and descendants whenever born.
B. Surviving Spouse. An individual's "surviving spouse" means the person
(if any) surviving the individual to whom the individual is married at the time of the individual's
death.
C. Tangible Personal Property. The term "tangible personal property"
does not include personally held art, antiques, stamp and coin collections, and other collectibles.
It does not include property primarily held for investment purposes. It does not include any
property held for use in a trade or business, ordinary currency and cash, or bullion.
D. Per Stirpes. Property that is to be divided among an individual's
surviving or then living descendants "per stirpes" shall be divided into as many equal shares as
there are children of the individual who are then living or who have died leaving surviving or
then-living descendants. A share allocated to a deceased child of the individual shall be divided
further among such deceased child's surviving or then-living descendants in the same manner.
E. Minor and Adult. Whether an individual is a minor or an adult shall be
determined under the laws of the individual's domicile at the time in question.
-15-
F. Survivorship. Any beneficiary hereunder who dies within thirty (30)
days following the date of my death shall be deemed to have predeceased me, for all purposes of
this Will.
G. Code and Regulations. References to the "Internal Revenue Code" or
"Code" or to provisions thereof are to the Internal Revenue Code of 1986, as amended at the time
in question. References to the "Regulations" or "Regs" are to the Treasury Regulations under the
Internal Revenue Code. If by the time in question a particular provision of the Internal Revenue
Code has been renumbered, or the Internal Revenue Code has been superseded by a subsequent
federal tax law, the reference shall be deemed to be to the renumbered provision or the
corresponding provision of the subsequent law, unless to do so would clearly be contrary to my
intent as expressed in this Will, and a similar rule shall apply to references to the Regulations.
H. Disabled Trustee. A trustee is "disabled" (and while disabled shall not
serve as Trustee) when a written certification is in effect that the examined Trustee is physically
or mentally incapable of managing the affairs of the trust, whether or not there is an adjudication
of the Trustee's incompetence.
1. This certification shall be valid only if it is signed by at least two
(2) physicians, each of whom has personally examined the trustee and at least one (1) of whom is
board-certified in the specialty most closely associated with the alleged disability.
2. This certification need not indicate any cause for the trustee's
disability.
3. A certification of disability shall be rescinded when a serving
trustee receives a certification the former trustee is capable of managing the trust's affairs. This
certification, too, shall be valid only if it is signed by at least two (2) physicians, each of whom
has personally examined the trustee and at least one (1) of whom is board certified in the
specialty most closely associated with the former disability.
4. No person is liable to anyone for actions taken in reliance on the
certifications under this paragraph, or for dealing with a trustee other than the one removed for
-16-
disability based on these certifications.
I. Gross Estate. "Gross estate" means my gross estate as determined for
federal estate tax purposes (or for state death tax purposes where relevant).
IN WITNESS WHEREOF, I have hereunto subscribed my name on this 22nd day
of June, 1999.
MARJOJ~IE J. WOLFS(~
Signed, sealed, published and declared by MARJORIE J. WOLFSON, the testatrix above named,
as and for her Last Will and Testament, in our presence, and we in her presence, and in the
presence of each other, have hereunto subscribed our names as witnesses:
Witnesses:
Wi~fie~s ~
Address:
-17-
SELF-PROVING AFFIDAVIT
(Contemporaneous)
COMMONWEALTH OF PENNSYLVANIA )
) SS:
DAUPHIN )
We, M~R_JORIE_E~.J._W, OIeFSON, c~,~ ~,--~ff-,'(~ i PP(d'O-t 6~ and
/-'~C,{ / t~ , the testatrix and the witnesses, respectively,
whosd name~ are 'subscribed to the foregoing instrument, being first duly sworn, do hereby
declare to th~ undersigned authority that the testatrix signed and executed the instrument as her
Will and that she had signed willingly and that she executed it as her free and voluntary act for
the purposes therein expressed, and that each of the witnesses, in the presence and hearing of the
testatrix, signed the Will as witness and that to the best of each such witness's knowledge the
testatrix was at that time eighteen (18) or more years of age, of sound mind, and under no
constraint or undue influence.
MARJORIIE J. WOLFSON
Subscribed, sworn to and acknowledged beforejr~, _e bY M,AR/JQP~,E J_. WOLFSON, the testatrix,
and subscribed and sworn to before me by ~.ML00,~ ~. bc. ga.tltaO~ and
/~. _'-~& , witnesses, this Zg~~- day of
- , / qq .
Notadal Seal
~ Us~. ,C{m_w~y, ~ Public
=u~uenanna _11,~p., Dauphin County
My Commission Expires Mar. 24,
Notary Public
-18-
COMMONWEALTH Of
PENNSYLVANIA
DEPARTMENT OF REVENUE
DEPT. 280601
HARRISBURG, PA 17128-0601
REV-1500
INHERITANCE TAX RETURN
RESIDENT DECEDENT
OFFICIAL USE ONLY
DECEDENTS NAME (LAST, FIRST, AND MIDDLE INITIAL)
I-- WO~.FSON
~LU DATE OF DF-~TH (MM-DD-YEAR) DA'I~ OF BIRTH (MM-DD-YEAR) THIS RETURN MUST BE ~=[LED IN atJPLICATE WlTN THE
U.I 5/10/2004 1/29/193.8 REGISTER OF WILLS
i.u (IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST, AND MIDDLE INITIAL)
z
8
[~] 1. OriginalRatum
SOC~,L SECURITY NUMBER
J 149-01-4292
SOCIAL:ECUTNUMBER
Z
r~4. Lifnited Estate [~] 4a. Future letafeat Compro~nise (date of death eta' 12-1242) ~] 8. Fed a'bi Estate Tax Ratum Required
[~ 6. Decedent Dlad Testate (Attach cc~oy of WIll) r--'l 7. Decedent Maintained a Living Trust (Att ach copy of TrUst) L 8. Total Number of Safe Deposit Boxes
[~ 9. Litigat k~n Proceeds Received J'--'-] 10. Spousal Poverty Credit (~,t, of d,,th ~etwe,n ~2-3~*Sl ,,~ ~-~-98) [~ 11. Election to tax under Sec. 9113(A)(Attach Sch O)
THIS BECTION MUST BE COMPLETED; ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TOi
NAME
STEV~N J. SCHIFFMAN, ESQ.
FIRMNAME(IfAppli~b~
SERRATELLI, SCHIFFHAN, ET AL.
~L~HONE NUMBER
717-540-9170
COMPLE'~MAILINGADDRESS
2080 LINGLESTOWN ROAD, S~IT~ 201
1. RMI Estate (Schedula A) (1)
2. Stocks e~ld Bonds (Schedule B) (2)
3. Closely Held C~poratina, Partnership or Sole. Propriatomhip (3)
4. Morlg ages & Notes ReceNabie (Schedule D) (4)
5. Cash, Bank Deposits & Misc~leneous PersonaIProperty
(Schedule E) (5)
6. Jointly Ov*~ed Property (Schedule F)
(6)
~---~ Separate Billing Requested
7. Inter-Vivos Transfers & Miscellaneous Non-Prchate Property (7)
(Schedule G or L)
8. Total Gro~$ ~et$ (tot bi Lines 1-7)
9. Funeml F. xpenses & Adminiatrative Coats (Schedule H) (9)
10. Debts of Decedent, Mortgage Liabilities, & Liens (Sd~edule I} (10)
11. Total Deductions (total Lines 9 & 10)
12. Net Value of Estato (Line 8 minus Line 11)
13. Charitable and Government al Bequest s/Sec 9113 Truats for ,,,,filch an Mection to lax has nat been
mede (Schedule J)
14. Net Value Subject to Tax (Line 12 minus Line 13)
SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABtE RATES
15. Amount of Line 14 taxable at the spousal tax
rate, or transfem under Sec. 9116 (a}(1.2) 0 x .0 0 (15)
16. Amount of Line 14 taxable at lineal rate 69,227 x.0 45 (16)
17. Amount of Line 14 taxable at sibling rate 0 x.12 (17)
18. Amount of Line 14 taxable at ceJlatecal rate. 0 x.15 (18)
19. Tax Due (19)
$w46451000
HARRISBURG, PA 17110
18,654
5,34~
50
-~,74,833
3,198
2,408
(11)
(12)
5,606
69,227
(13)
(t4)
0
69,227
0
3,115
0
0
3,115
>> BE SURE TO ANSWER ALL QUESTIONS ON REVERSE S DE AND RECHECK MATH < <
FiLE NUMBER
Decedent's Complete Address:
311 Reeser Road
Cumberland
C11~ iSTA-~ iZip
Camp Hill PA 17011-
Tax Payments and Credits:
1. Tax Due (Page 1 Line 19)
2. Credits/Payments
A. Spousal Poverty Credit
R. Prior Payments
C. Discount
0
2r959
156
3. Interest/Penalty if applicable
D. Interest 0
E. Penalty 0
Total Credits (A+ B + C) (2)
Total Interest/Penalty (D + E) (3)
(1) 3,115
3r115
4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT.
Check box on Page I Line 20 to request a refund
(4)
5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE.
(5)
A. Enter the interest on the taxdue.
(5A).
B. Enter the total of Line 5 + 5A. This is the BALANCE DUE.
Make Check Payable to: REGIS7ER OF WILLS, AGENT
(5B)
PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS
1. Did decedent make a transfer and: Yes No
a. retain the use or income of the property transferred; ....................... J---] r-~
b. retain the right to designate who shall use the property transferred or its income; ......... r~l r~
c. retain a reversionary interest; or ................................ [~] [~
d. receive the promise for life of either payments, benefits or care? ................. ~ ~-~
2. If death occurred after December 12, 1982, did decedent transfer property within one year of death
without receiving adequate consideration? ............................ [] []
3. Did decedent own an "in trust for" or payable upon death bank account or secuflty at his or her death? [] []
4. Did decedent own an Individual Retirement Account, annuity, or other non.probate property whic~
contains a beneficiary designation? ................................ [] []
IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS I$ YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN.
311~EESER.RO~D CAM1~ HILL, PA
17011
2080 LI ES ROAD, SUITE 201
HARRISBURG, PA 17110
For dates of death on er after July 1, 1994 and before January 1, 1995, the tax rae imposed on the nat value of transfem to er fo~ the use of the sun,ring spouse is 3%
[72 P.S. § 991S (a) (1.1) (i)].
For dates of death on or after January 1.1995, the tax rate imposed on the nat value of transfers to or for the use of the sur~ng spouse is 0% [72 P.S. § 9116 (a) (1.1) (ii)]
The statute does not exempt a transfer to a survivf ng spouse from tm(. end the s~at utory requirements fer disclosure of assets and filing a ta~ tatum are stol applicable even if
COMMONWEAL31'I OF PENNSYLVANIA
IM'iERITANCE TAX RE1URN
RESIDENT DEC~I~RT
SCHEDULE E
CASH, BANK DEPOSITS, & MISC.
PERSONAL PROPERTY
ESTATE OF FILE NUMBER
MARJORIE J. WOLFSON
Include the proceed~ of litigation ~d the data the proceeds were received by the estate.
All property Jointly-owned with the right of survivorship must be disclosed on Schedule F.
ffEM
NUMBER
2
DESCRIPTION
Personal Property
(The decedent lived in a
nursing home/hospice prior to
her death. The limited
personal property did not
warrant the cost of an
appraisal.)
UBS Paine Weber Annuity
VALUE AT DATE
OF DEATH
150
18,504
TOTAL (Also enter on line 5, Recapitulation) $ 18,6 54
3W46AD 1.000 (If more space is needed, insert additional shaats gJ the same size)
COMMONWF.~LTH OF PENNSYLVANIA
INHERITANCE TAX RE3URN
RESIDENT DECEDENT
SCHEDULE F
JOINTLY-OWNED PROPERTY
ESTATE OF FILE NUMBER
MARJORIi j. WOLFSON
If an asset was made joint within one year of the decedent's date of death, it must be reported on Schedule G.
SL~RV]V]NG JOINT ~NANT(S) NAME ADORESS RELATIONSHIP TO DECEDENT
A. Wolfson, Marc J
311 Reeser Road, Camp Hill, PA
17011
JOINTLY-OWNED PROPERTY:
i A 3/20/2003 M & T Bank Checking
Account #9832856067 3,493 50.000 1,74(
2 A 3/20/2003 M & T Bank Savings Account
#015004204076580 6,517 50.000 3,25~
3 A 10/24/1985 W&chovia Checking Account
#1027860329628 184 50.000
4 A 3/8/1999 W&chovie Savings Account
#3000012098609 502 50.000 25]
TOTAL (^lso enter on line 6, Recapitulation) $ 5,347
COM, M~LTH OF PENNSYLVANIA
INPF-RITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE G
INTER-VIVOS TRANSFERS &
MISC. NON-PROBATE PROPERTY
ESTATE OF FILE NUMBER
Y~.R,.TO]['rE J. wo'r. FSON
This schedule must be completed and filed if the answer to any of questions 1 thro[ h 4 on the reverse side of the REV-1500 COVER SHEET is yes.
DE[SCRIPT]ON OF PRO~c~l ¥'
I~M INOJ.~E T'E i~ME ~ ~ 11~=ER~ T~EIR RELATIO~p TO ~C~E~ N. JD DATE OF DEATH %OF DECKS EXCLUSION TAXABLE
1. W&chovia Certificate of
Deposit #247412050705051 12,705 100.000 0 12,70~
5/10/2004 3 100.000 3
Payable Gpon Death to=
Mathew Wolfson
Grandson
2 Wachovia Certificate of
Deposit #247412050705059 12,705 100.000 0 12,705
5/10/2004 3 100.000 3
Payable U~on Death tot
Mathew Wolfson
3 Wachovia Certificate of
Deposit #2~741205070506~ 12,705 100.000 0 12,705
5/10/200~ 3 100.000 3
Payable Upon Death to~
M&thew Wolfson
~ Wachovia Certificate of
Deposit 9247412050705041 12,705 100.000 0 12,?05
5/10/2004 3 100.000 3
Payable Upon Death
Mathew Wolfson
TOTAL(AIsoenteronline7, Recapitul~n) $
(If mom space is needed, in~e;t addition~ ~ee~s ~ the ~me ~ze)
3W46AFI.0~
SCHEDULE H
FUNERAL EXPENSES &
ADMINISTRATIVE COSTS
ESTATE OF FILE NUMBER
Deb~ ofdecedentmustbe mportedonSchedulel.
NUMBER DESCRIPTION AMOUNT
5.
6.
7.
1
FUNEPALEXPENSES:
Reese Funeral Home
(Balance Due on Prepaid
Account)
ADMINISTRATIVE COSTS:
Personal Representative's Commissions
Name of Persenal Representative(s)
Social Security Numbe-(s) /EIN Number of Personal Representative(s)
Street Address
City State __ Zip
Year(s) Commission Paid:
Attorney Fees
Family Exemption: (If decedent's address is not the same es claimant's, attach e~planation)
Claimant
Street Address
City State Zip
Relationship of Claimant to Decedent
Probate Fees
Accountant's Fees
Tax Return Preparers Fees
· 11en Weinstock
(Preparation of 1040 & Pa.
40 - Tax Year 2004)
284
2,500
114
300
TOTAL (Also enter on line 9, Recapitulation) $ 3,198
3W46AG 1.000 {If more space is needed, insert additional sheets of the same size)
COMMON~LTH OF PENNSYLVANIA
INI-ERITANCE TAX RE1TJRN
RE'DENT DECEDE~
SCHEDULE I
DEBTS OF DECEDENT,
MORTGAGE LIABILITIES, & LIENS
ESTATE OF FILE NUMBER
MARJOHIE J. WOLFSON
Include unreimbursed medical expenses.
ITEM VALUE AT DATE
NUMBER DESCRIPTION OF DEATH
1.
2
3
4
5
Amy Knull (Medical
Expense)
Harrisburg Pharmacy
Home-Aid, Inc.
Hospice of Central
Pennsylvania
M.F. Hockey Storage
Company
25O
120
638
900
SO0
TOTAL (Also enter on line 10, Recapitulation) $ 2,4 0 R
SW46AH 1.00o (If more space is needed, insert additional sheets of the same size)
COMMONWEAL~'I OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE J
BENEFICIARIES
ESTATE OF FiLE NUMBER
tvLal~7OR'r'~ J. WOLFSON
RELATIONSHIP TO DECEDENT AMOUNT OR SHARE
NUMBER Do Not List Trustee(a) OF ESTATE
I
1
3
NAME AND ADDRESS OF PERSON(S) RECEI~NG PROPERTY
TAXABLE DISTRIBUTIONS [in~ude ~tright s~usal distri~tions, and transfers
under Sec. 9116 (a) (1.2)]
Alan B. Wolfson
923 Ashbrooke Way #912
Knoxville, TN 37923
33.333333% Residues 6,132
Marc J. Wolfson
311 Reeser Road
Cam~ Hill, PA 17011
33.333333% Residues 6,132
Son
Son
6,132
6,132
Mathew Wolfson
311 Resser Road
Camp Hill, PA 17011 Grandson 50,831
Tot&l from continuation pages 6,132
ENTERD~LLARAM~UNTSF~R~STR~UT~N~SH~WNAB~VE~NL~NES15THR~UGH18~A~APPR~PRIATE~NREV~15~VERSHEET
NON-TAXABLE DIS3~IBUTIONS:
A. SPOUSAL DISTRIBUTIONS UNDER SEC11ON 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE
B. CHARITABLE AND GOVERN MENTAL DISTRIBUTIONS
TOTAL OF PART II - ENTER TOTAL NON-TA.V,~BLE DIS'I~J BUTIONS ON LINE 13 OF REV-1500 COVER SHEET $ 0
3W46AI 1.000 (If more space is needed, insert additional sheets of the same size)
Schedule J part i (Page 2)
Estate of~ MARJORIR J. WOLFSON
NO. Description
Relation
Amount
Niles L. Wolfson
72 Stoneybrook Road
Montville, NJ 07045
33.333333% Residue: 6,132
Son
6,132
Total (Carry forward to main schedule) 6,132
LAST WILL AND TESTAMENT OF MARJORIE J. WOLFSON
I, MARJORIE J. WOLFSON, of Dauphin County, Pennsylvania, revoke any
prior wills and codicils and declare this to be my Will.
ARTICLE I
Family Information
I am married to Sol S. Wolfson, and any reference to my Husband shall be to him.
My children bom before the date of my Will are:
Marc Jeffrey Wolfson.
Alan B. Wolfson.
Niles L, Wolfson.
follows:
ARTICLE II
Tangible Personal Property
A. General Gift of Tangibles. I give all my tangible personal property as
1. To my Husband if he survives me.
2. If my Husband does not survive me, my Executor may sell any of
my tangible personal property that my Executor may determine I would not wish to have
preserved for my children, and shall add the proceeds of any such sale to my estate. I give the
balance of such property to such of my children as survive me, to be divided among them as they
may agree in as nearly equal shares as practicable, or in the absence of agreement, as my
Executor shall determine.
-1-
B. Survivorship. Except when I may have specifically provided otherwise,
any gift to an individual under this article shall take effect only if the individual survives me, and
no anti-lapse role shall apply.
C. Gift Includes Insurance. A gift of property under this article includes
my rights under any related insurance policies or the proceeds of such policies.
follows:
ARTICLE III
Residue
Spouse or Alternate. I give my residuary estate, real and personal, as
1. If my Husband survives me, to him.
2. If my Husband disclaims all or part of this gift, the disclaimed
property shall be paid to the Trustee of the Credit-Shelter Trust under this Will to be disposed of
under the terms of that trust.
3. If my Husband does not survive me, to my descendants who
survive me, per stirpes.
B. Simultaneous Death. If my Husband and I die simultaneously or under
such circumstances that the order of our deaths cannot be determined, he shall be deemed to have
died before me for purposes of this article.
ARTICLE IV
Credit-Shelter Trust
Property that is to be held as the Credit-Shelter Trust shall be held under this
article and all references to "Credit-Shelter Trust" shall be to the trust held under this article.
A. During My Husband's Life. The following provisions shall apply
during my Husband's life.
-2-
1. The Trustee shall distr/bute to my Husband the net income of the
trust, at least annually.
2. The Trustee shall distribute to one or more of my Husband and my
descendants as much of the principal of the trust as the Trustee may from time to time determine,
in such amounts or proportions as the Trustee may from time to time select, for the recipient's
health, education, support in his or her accustomed manner of living, or maintenance.
3. The Trustee shall distribute to one or more of my Husband and my
descendants as much of the principal of the trust as the Trustee (excluding, however, any
Interested Trustee) may from time to time determine, in such amounts or proportions as the
Trustee (excluding, however, any Interested Trustee) may from time to time select, for any
purpose.
4. If my Husband is living on December 31 of each year and so
directs, the Trustee shall distribute to my Husband the greater of that amount referred to in Code
Sec. 2514(e)(1) (currently, five thousand dollars ($5,000.00)) or that percentage referred to in
Code Sec. 2514(e)(2) (currently, five percent (5%)) of the trust on that date. This fight shall not
accumulate from year to year, and the limitation determined with reference to Code Sec.
2514(e)(1) (currently, five thousand dollars ($5,000.00)) shall be reduced to any smaller limit
that would result from taking into account first all other powers held by my Husband that must,
under Code Sec. 2514(e), be aggregated to determine the largest lapse that can occur without
being treated as a release.
5. The Trustee may consider the needs of my Husband as more
important than the needs of my descendants or any other beneficial.
B. Upon My Husband's Death. Upon the death of my Husband, the
property then held in the Credit-Shelter Trust shall be distributed as follows:
l. To my descendants then living, per stirpes.
C. Spouse's Disclaimer. If my Husband disclaims his interest in the income
and principal of all or a portion of the Credit-Shelter Trust, the disclaimed property shall be
disposed of as if he had survived me and died immediately after my death. If my Husband
makes a disclaimer limited to his fight to mandatory income payments from the Credit-Shelter
Trust as to all or a portion of the income of the trust, the disclaimed net income shall be disposed
of by the Trustee under terms identical to those that apply to distributions of principal above, and
any income not so distributed shall from time to time be accumulated and added to principal.
ARTICLE V
Takers of Last Resort
My Executor or the Trustee shall distribute any property that is not otherwise
disposed of under my Will (a) one-half (1/2) (or all, if there are no persons to take under item
(b)) to the persons who would have inherited my personal estate, and in the shares that they
would have inherited it, had I died a resident of the Commonwealth of Pennsylvania, unmarried
and without a valid will, on the date on which expires the interest of the last beneficiary of the
property under this Will, and (b) one-half (1/2) (or all, if there are no persons to take under item
(a)) to the persons who would have inherited the personal estate of my Husband, and in the
shares that they would have inherited it, had my Husband died a resident of the Commonwealth
of Pennsylvania, unmarried and without a valid will, on the date on which expires the interest of
the last beneficiary of the property under this Will.
ARTICLE VI
Maximum Duration for Trusts
The Maximum Duration for Trusts means the longest period that property may be
held in trust under this Will under the applicable rules governing perpetuities, vesting,
accumulations, the suspension of alienation, and the like (including any applicable period in
gross such as twenty-one (21) years or ninety (90) years). If under those rules the Maximum
-4-
Duration for Trusts shall be determined (or alternatively determined) with reference to the death
of the last survivor of a group of individuals alive on the date of my death, those individuals shall
consist of my surviving Husband, all of my descendants living on the date of my death, and any
surviving spouse of a descendant of mine if both the descendant and the spouse were living on
the date of my death. In the case of any property I have appointed to a trust under this Will from
another trust by exercising a power over the other trust, the date for determining measuring lives
with respect to that property shall be the date that my power was created (rather than on the date
of my death).
ARTICLE VII
Spendthrift Trust
A. No Assignment. No interest in the trust shall be subject to the
beneficiary's liabilities or creditor claims, assignment or anticipation.
B. Protection from Creditors. If the Trustee shall determine that a
beneficiary would not benefit as greatly from any outright distribution of trust income or
principal because of the availability of the distribution to the beneficiary's creditors, the Trustee
shall instead expend those amounts for the benefit of the beneficiary. This direction is intended
to enable the Trustee to give the beneficiary the maximum possible benefit and enjoyment of all
of the trust income and principal to which the beneficiary is entitled.
ARTICLE VIII
Payment of Death Taxes
A. All From Residue. All estate, inheritance, legacy, succession,
generation-skipping, or other wealth transfer taxes that result from my death imposed by any
domestic or foreign taxing authority with respect to all property taxable by reason of my death,
-5-
together with interest and penalties on those taxes, shall be charged against and paid without
apportionment out of the residue of my estate as an administration expense, and with no right of
reimbursement from any recipient of any such property, and before any determination of my
residuary estate or of any shares or interests therein.
B. Reference to Code. I hereby make specific reference to Code Sec.
2207A (concerning tax on QTIP property), Code Sec, 2207B (concerning tax on property
included under Code Sec. 2036), and Code Sec. 2603(b) (concerning the generation-skipping
transfer tax under Chapter 13) and to corresponding provisions of state law and I direct that they
shall apply to the extent they are consistent with the above, and shall not apply to the extent they
are inconsistent with the above.
C. Apportionment Prevails Over Abatement. If payment of taxes fi.om
my residuary estate in accordance with the foregoing exhausts my residuary estate, the balance of
tax due shall be apportioned to property passing as part of my estate and outside my estate, in
accordance with the rules of tax apportionment rather than the rules of abatement.
ARTICLE IX
Executors and Trustees
A. Initial Appointments.
1. I appoint my Husband, Sol S. Wolfson, to be an Executor of this
Will and Trustee of each trust under this Will.
2. I also appoint Marc Jeffrey Wolfson to be an Executor of this Will
and Trustee of each trust hereunder.
I also appoint Marc Jeffrey Wolfson to be Trustee of each trust
hereunder.
4.
Multiple Executors or Trustees, whether named by me or by
another Executor or Trustee, shall serve together and each may serve even if one or more of them
shall fail or cease to serve for any reason.
B. Successors.
1. I appoint Niles L. Wolfson to be the Successor Executor of this
Will and the Successor Trustee of each trust under this Will, if and when all persons I have
previously named shall fail to qualify or cease to act.
2. I appoint Alan B. Wolfson to be the Successor Executor of this
Will and the Successor Trustee of each trust under this Will, if and when all persons I have
previously named shall fail to qualify or cease to act.
3. I appoint Niles L.Wolfson to be the Successor Trustee of each
trust under this Will, if and when all persons I have previously named shall fail to qualify or
cease to act.
4. I appoint Alan B.Wolfson to be the Successor Trustee of each trust
under this Will, if and when all persons ! have previously named shall fail to qualify or cease to
act.
5.
unless expressly indicated.
6.
the following roles:
Any reference to "Executor" or "Trustee" includes any successor,
A successor Executor or Trustee shall be entitled to serve based on
a. First, each Executor or Trustee named by me in this Will
shall be entitled to serve;
b.
this Will shall be entitled to serve;
c. Third, a then-serving Co-Executor or Co-Trustee
effectively appointed by another Executor or Trustee shall be entitled to continue serving;
d. Fourth, a successor effectively appointed by another
Executor or Trustee shall be entitled to serve.
Second, a successor Executor or Trustee named by me in
-7-
these provisions.
7. Separate trusts hereunder may have different trustees pursuant to
8. In the event that the sole Trustee of a trust is a beneficiary of the
trust, the Trustee may appoint but shall not be required to appoint a Co-Trustee as provided
herein. A beneficiary's interest shall not be merged or converted into a legal life estate or estate
for years because the beneficiary is the sole Trustee, but if this would still happen under
applicable law, then a Co-Trustee shall be appointed in preference to such merger or conversion.
C. Additional Provisions Regarding Changes in Fiduciaries.
1. Any Executor or Trustee may resign at any time without court
approval and whether or not a successor has been appointed.
2. Each individual Executor and Trustee (including successors) shall
have the right to appoint a successor individual Executor or Trustee by an instrument in writing,
such appointment to take effect upon the death, resignation or incapacity of the appointing
Executor or Trustee. An appointment may be changed or revoked until it takes effect. IfI have
named a successor or successors to the appointing Executor or Trustee in this Will, the
appointment of a successor under this paragraph shall take effect only if and when all persons
that I have appointed fail to qualify or cease to act.
3. The individuals (and any corporation) acting as my Executor or the
Trustee may at any time acting unanimously by written instnmqent appoint an individual or a
corporation with fiduciary powers as a Co-Executor or Co-Trustee.
4. If the office of Executor or Trustee of a trust is vacant, and no
successor takes office pursuant to any other provision of this Will, an individual or corporation
with fiduciary powers may be appointed as Executor or Trustee by my Husband if then living
and competent, otherwise by a majority of my adult descendants then living and competent.
5. An Executor or Trustee may be appointed pursuant to this article
for a limited purpose or to hold only specified powers.
-8-
D. Accountings and Other Proceedings.
1. I direct that my estate or a trust hereunder be subject to
independent administration with as little court supervision as the law allows. My Executor and
the Trustee shall not be required to render to any court annual or other periodic accounts, or any
inventory, appraisal, or other returns or reports, except as required by applicable state law. My
Executor and the Trustee shall take such action for the settlement or approval of accounts at such
times and before such courts or without court proceedings as my Executor or the Trustee shall
determine. My Executor or the Trustee shall pay the costs and expenses of any such action or
proceeding, including (but not limited to) the compensation and expenses of attorneys and
guardians, out of the property of my estate or the trust. The Trustee shall not be required to
register any trust hereunder.
2. I direct that in any proceeding relating to my estate or a trust
hereunder, service upon any person under a legal disability need not be made when another
person not under a disability is a party to the proceeding and has the same interest as the person
under the disability. The person under the disability shall nevertheless be bound by the results of
the proceeding. The same rule shall apply to non-judicial settlements, releases, exonerations, and
indemnities.
E. Fiduciary Powers. My Executor and the Trustee may, without prior
authority from any court, exercise all powers conferred by this Will or by common law or by any
fiduciary powers act or other statute of the Commonwealth of Pennsylvania or any other
jurisdiction whose law applies to this Will or to any trust hereby created. My Executor and the
Trustee shall have absolute discretion in exercising these powers. Except as specifically limited
by this Will, these powers shall extend to all property held by my Executor and the Trustee until
the actual distribution of the property. The powers of my Executor and the Trustee shall include
the following powers:
1. My Executor or the Trustee may sell or exchange any real or
personal property contained in my estate, for cash or credit, at public or private sale, and with
-9- ~/
such warranties or indemnifications as my Executor or the Trustee may deem advisable.
2. My Executor or the Trustee may grant security interests and
execute all instruments creating such interests upon such terms as my Executor or the Trustee
may deem advisable.
3. My Executor or the Trustee may make all tax elections and
allocations my Executor or the Trustee may consider appropriate, including any election to treat
a revocable trust created by me as part of my estate for income tax purposes; however, this
authority is exercisable only in a fiduciary capacity and may not be used to enlarge or shift any
beneficial interest except as an incidental consequence of the discharge of fiduciary duties. Tax
elections and allocations made in good faith shall not require equitable adjustments.
4. My Executor or the Trustee may distribute any of my estate to a
beneficiary under twenty-one (21) years of age by distribution to any appropriate person (who
may be an Executor) chosen by my Executor or the Trustee as custodian under any appropriate
Uniform Transfers (or Gifts) to Minors Act, to be held for the maximum period of time allowed
by law. My Executor or the Trustee may also sell any asset that cannot be held under this
custodianship and invest the sales proceeds in assets that can be so held.
5. My Executor or the Trustee may divide and distribute the assets of
my estate in kind, in money, or partly in each, without regard to the income tax basis of any asset
and without the consent of any beneficiary. The decision of my Executor or the Trustee in
dividing any portion of my estate between or among multiple beneficiaries shall be binding on all
persons.
6. My Executor or the Trustee (excluding, however, any Interested
Trustee) may allocate receipts and disbursements to income or principal in such manner as my
Executor or the Trustee (excluding, however, any Interested Trustee) shall determine, even
though a particular allocation may be inconsistent with otherwise applicable state law. My
Executor shall follow any direction by the Trustee ora trust (excluding, however, any Interested
Trustee) with respect to allocations affecting property passing to that trust.
7. My Executor or the Trustee (excluding, however, any Interested
Trustee) may amortize in whole or in part the premium on securities received or pumhased at a
premium, or treat as income the gross return from such securities. I anticipate (but I do not
direct) that the Trustee will consider amortization when failure to amortize would result in a
substantial impairment of principal. My Executor shall follow any direction given by the Trustee
of a trust (excluding, however, any Interested Trustee) with respect to amortizations affecting
property passing to that trust.
F. Exoneration from Security. No Executor or Trustee shall be required to
give bond or other security in any jurisdiction, and if despite this exoneration a bond is
nevertheless required, no sureties shall be required.
G. Additional General Provisions Regarding Fiduciaries.
1. "Interested Trustee" means for any trust a Trustee who is (i) a
transferor of property to the trust, including a person whose qualified disclaimer resulted in
property passing to the trust; or (ii) a person who is or in the future may be eligible to receive
income or principal pursuant to the terms of the trust. A Trustee described in (i) is an Interested
Trustee only with respect to the transferred property (including income and gain on, and
reinvestment of, such property). A person is described in (ii) even if he or she has a remote
contingent remainder interest. A Trustee who is not an Interested Trustee is a "Disinterested
Trustee."
2. My Executor may make distributions directly from my estate to
beneficiaries of a trust hereunder, but only at the direction of the Trustee authorized to make such
distributions.
3. Under this Will, if two or more separate trusts with the same
beneficiaries and same terms are created, either by direction or pursuant to the exercise of
discretion, I intend that the separate trusts may but need not have the same investments and may
but need not follow the same pattern of distributions. The Trustee's powers shall be exercisable
separately with respect to each trust.
-11-
4. Except to the extent specifically provided otherwise in this Will,
references to my Executor or the Trustee shall, in their application to my estate or a trust
hereunder, refer to all those from time to time acting as Executors or Trustees of that Trust and if
two or more Executors or Trustees are eligible to act on a given matter they shall act by majority.
In the exercise of discretion over distributions, if this Will provides that certain Trustees may
participate in distributions limited by an ascertainable standard, while a different set of Trustees
may participate in distributions for any purpose, if the two sets of Trustees (each acting by its
own majority) want to distribute the same item of income or principal to different recipients, the
distribution desired by the set of Trustees participating in distributions for any purpose shall
prevail.
5. Individual Executors and Trustees shall receive compensation in
accordance with the law of Permsylvania in effect at the time of payment, unless the Executor or
Trustee waives compensation; provided that my Husband and descendants shall serve without
compensation. A corporate Executor or Trustee shall be compensated by agreement with the
individual Executor or Trustee or in the absence of such agreement in accordance with its fee
schedule as in effect at the time of payment. I authorize a corporate Executor or Trustee to
charge additional fees for services it provides to my estate or a trust hereunder that are not
comprised within its duties as Executor or Trustee, for example, a fee charged by a mutual fund
it administers in which my estate or a trust hereunder invests, or a fee for providing an appraisal,
or a fee for providing corporate finance or investment banking services. I also recognize that a
corporate Executor or Trustee may charge separately for some services comprised within its
duties as Executor or Trustee, for example a separate fee for investing cash balances or preparing
tax returns. Such separate charges shall not be treated as improper or excessive merely because
they are added on to a basic fee in calculating total compensation for service as Executor or
Trustee. Insurance proceeds and retirement benefits payable to my estate shall not be subject to
Executor's compensation.
- 12-
6. No Executor or Trustee shall be liable to anyone for anything done
or not done by any other Executor or Trustee or by any beneficiary.
7. The fact that an Executor or Trustee is active in the investment
business shall not be deemed a conflict of interest, and purchases and sales of investments may
be made through a corporate Executor or Trustee or through any firm of which a corporate or
individual Executor or Trustee is a partner, shareholder, proprietor, associate, employee, owner,
subsidiary, affiliate or the like, and property of my estate or a trust hereunder may be invested in
individual securities, mutual funds, partnerships, private placements, or other forms of
investment promoted, undenvfitten, managed, or advised by an Executor or Trustee or such a
firm.
8. The fact that an Executor or Trustee (or a finn of which an
Executor or Trustee is a member or with which an Executor or Trustee is otherwise affiliated)
renders legal or other professional services to my estate or a trust hereunder shall not be deemed
a conflict of interest, and my Executor or the Trustee may pay fees for such services to such
Executor or Trustee or firm without prior approval of any court or any beneficiary and whether
or not there is a Co-Executor or Co-Trustee to approve such payment. An attorney or other
Executor or Trustee who also renders professional services shall receive full compensation for
both services as Executor or Trustee and the professional services rendered, except as specifically
limited by law.
9. No state law restraint on acts of self-dealing by a fiduciary shall
apply to an Executor or Trustee who is my Husband or a descendant of mine. Except when
prohibited by another provision of this Will, such an Executor or Trustee may enter into
transactions on behalf of my estate or a trust hereunder in which that Executor or Trustee is
personally interested so long as the terms of such transaction are fair to my estate or the trust.
For example, such an Executor or Trustee may purchase property from my estate or the trust at
its fair market value without court approval.
-13-
10. If I have given the Trustee discretion concerning distributions of
income or principal, that discretion shall be absolute and uncontrolled, and subject to correction
by a court only if the Trustee should act utterly without reason, or in bad faith, or in violation of
specific provisions of this Will. IfI have set forth general guidelines (as opposed to directions or
dollar limits) for the Trustee in making distributions, those guidelines shall be merely suggestive
and shall not create an enfomeable standard whereby a distribution could be criticized or
compelled. It is my strong belief that the Trustee will be in the best position to interpret and
carry out the intentions expressed herein under changing circumstances. This paragraph shall not,
however, apply to any standards framed in terms of health, education, support (including support
in an accustomed manner of living) or maintenance as those words shall create an ascertainable
standard for federal tax purposes when applied to a trustee,s power or a power held individually,
although even in those cases the holder of the power shall have as much discretion as consistent
therewith. An Interested Trustee may exemise discretion to make distributions to himself or
herself subject to an ascertainable standard notwithstanding any contrary rule of law.
11. Notwithstanding any other provision of this Will, each Trustee is
prohibited from making, voting on, or otherwise participating in any discretionary distribution of
income or principal from a trust that would discharge or substitute for a legal obligation of that
trustee, including the obligation to support a beneficiary of the trust. Subject to that, in
exemising discretion over distributions, the Trustee may consider, or may disregard, other
resources available to any beneficiary.
12. Unless I have specifically provided otherwise, and subject to any
ascertainable standard governing its exercise, the Trustee's discretionary power to distribute
income or principal includes the power to distribute all of such income and/or principal to one or
more members of a class to the exclusion of others whether or not the terms of the trust
specifically mention that possibility.
13. A Trustee may irrevocably release one or more powers held by the
Trustee while retaining other powers.
- 14- ,/h~,)
14. Any Executor or Trustee may delegate to a Co-Executor or Co-
Trustee any power held by the delegating Executor or Trustee, but only if the Co-Executor or
Co-Trustee is authorized to exercise the power delegated. A delegation may be revocable, but
while it is in effect the delegating Executor or Trustee shall have no responsibility concerning the
exercise of the delegated power.
Will:
ARTICLE X
Definitions and Miscellaneous Provisions
The following definitions and miscellaneous provisions shall apply under this
A. Children and Descendants Whenever Born. References to "children"
and "descendants" shall include children and descendants whenever born.
B. Surviving Spouse. An individual's "surviving spouse" means the person
(if any) surviving the individual to whom the individual is married at the time of the individual's
death.
C. Tangible Personal Property. The term "tangible personal property"
does not include personally held art, antiques, stamp and coin collections, and other collectibles.
It does not include property primarily held for investment purposes. It does not include any
property held for use in a trade or business, ordinary currency and cash, or bullion.
D. Per Stirpes. Property that is to be divided among an individual's
surviving or then living descendants "per stirpes" shall be divided into as many equal shares as
there are children of the individual who are then living or who have died leaving surviving or
then-living descendants. A share allocated to a deceased child of the individual shall be divided
further among such deceased child's surviving or then-living descendants in the same manner.
E. Minor and Adult. Whether an individual is a minor or an adult shall be
determined under the laws of the individual's domicile at the time in question.
-15-
F. Survivorship. Any beneficiary hereunder who dies within thirty (30)
days following the date of my death shall be deemed to have predeceased me, for all purposes of
this Will.
G. Code and Regulations. References to the "Internal Revenue Code" or
"Code" or to provisions thereof are to the Internal Revenue Code of 1986, as amended at the time
in question. References to the "Regulations" or "Regs" are to the Treasury Regulations unOer the
Internal Revenue Code. If by the time in question a particular provision of the Internal Revenue
Code has been renumbered, or the Internal Revenue Code has been superseded by a subsequent
federal tax law, the reference shall be deemed to be to the renumbered provision or the
corresponding provision of the subsequent law, unless to do so would clearly be contrary to my
intent as expressed in this Will, and a similar rule shall apply to references to the Regulations.
H. Disabled Trustee. A trustee is "disabled" (and while disabled shall not
serve as Trustee) when a written certification is in effect that the examined Trustee is physically
or mentally incapable of managing the affairs of the trust, whether or not there is an adjudication
of the Trustee's incompetence.
1. This certification shall be valid only if it is signed by at least two
(2) physicians, each of whom has personally examined the trustee and at least one (1) of whom is
board-certified in the specialty most closely associated with the alleged disability.
This certification need not indicate any cause for the trustee's
disability.
3.
A certification of disability shall be rescinded when a serving
trustee receives a certification the former trustee is capable of managing the trust's affairs. This
certification, too, shall be valid only if it is signed by at least two (2) physicians, each of whom
has personally examined the trustee and at least one (1) of whom is board certified in the
specialty most closely associated with the former disability.
4. No person is liable to anyone for actions taken in reliance on the
certifications under this paragraph, or for dealing with a trustee other than the one removed for
-16-
disability based on these certifications.
I. Gross Estate. "Gross estate" means my gross estate as determined for
federal estate tax purposes (or for state death tax purposes where relevant).
IN WITNESS WHEREOF, I have hereunto subscribed my name on this 22nd day
of June, 1999.
MAPJ{IIRIE J. WOLFSO~
Signed, sealed, published and declared by MARJORIE J. WOLFSON, the testathx above named,
as and for her Last Will and Testament, in our presence, and we in her presence, and in the
presence of each other, have hereunto subscr/bed our names as wimesses:
Witnesses:
Wi~fie~s ~ -
Address:
-17-
_SELF-PROVING AFFIDAVIT
(Contemporaneous)
COMMONWEALTH OF PENNSYLVANIA
DAUPHIN )
~r M,*,)ORIEJ WOLFSON, ~ ~"~("Ki .~O.f..Q~ witnesses tentatively,
e, t~ ~-~-j , , the testamx ~a me , _v _
~q I P~...._ c~.oo.l.o inut;ament, being first duly sworn, do nerepy _
~hose n~e~ ~e suoscno~ t? m~ ~5i'2%~.~ ~i~ d executed the ins~ent as ner
decl~e to ~ undersized aut~on~ mat m. ~*~ ..... ~.--- ~
Will ~d ~at she had si~ Mllingly ~d ~at she executed it ~ her ~ee ~d volunt~ act for
the p~oses ~erein expressed, ~d ~at each of the witnesses, in the presence ~d he~ng of the
testaffix, si~ed the Will ~ wimess ~d that to ~e best of each such wimess's ~owledge ~e
testaffix w~ at ~at time eighteen (18) or more ye~s of age, of sound mind, ~d under no
cons~aint or undue influence.
M~ .
Subscribed, swom to and acknowledged beforej~, .e by M,AP,/J ,OR/~..J. WOLFSON, the
and subscribed and sworn to before me by b~g. ljO,~ ~. ~OAcrln%t~-
~O~t4 "-F~O.d- , witnesses, this g??°- day of
_, ..
Noian~ Seal
Lisa Conway, Nota*y Public
SusquehmSna Twp., Dauphin County
My Commission Expires Mar. 24, 2003
testatrix,
and
Notary Public
-[8-
LORI K. SERRATELLI
August 5, 2004
STEVEN ]. SCHIFFMAN
MICHAEL F. BROWN
RONALD L. CALHOON Register of Wills
Cumberland County Courthouse
F. R. M^RTSOLF 1 Courthouse Square
Carlisle, PA 17013
SPERO T. LAPPAS
STEVEN O. SPAHR
JOHN D. SHERIDAN *
Re: Estate ofMarjorie J. Wolfson
No. 2004-00663
DEBORAH L. PACKER
Dear Sir/Madame:
Enclosed for filing, please find the Inheritance Tax Return with regard to
GARrH A. STEPHENSON the above captioned matter, along with a check in the amount of ~2,959
()1 (ounst~[
~.~n ~ ~)( ~,~ <>,m,~ representing the tax owing. Please time and date stamp the extra copies of the
document and return them to me in the enclosed self-addressed stamped envelope.
Thank you in advance, for your assistance in this matter.
Very truly yours,
/dae
Enclosure
SERRATELLI, SCHIFFMAN,
BROWN & CALHOON~ P.C.
Debra A. Evangelisti,
Paralegal
cc: Jeffrey Wolfson
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENTOFREVENUE
BUREAU OFINDIVlDUAL TAXES
DEPT. 280601
HARRISBURG, PA 17128-0601
RECEIVED FROM:
PENNSYLVANIA
INHERITANCE AND ESTATE TAX
OFFICIAL RECEIPT
REV-1162 EX(11 96)
NO. CD 004247
fold
SCHIFFMAN STEVEN J
2080 LINGLESTOWN RD
SUITE 201
HARRISBURG, PA 17110-9483
ESTATE INFORMATION: SSN: 149-01-4292
FILE NUMBER: 2104- 0663
DECEDENT NAME: WOLFSON MARJORIE J
DATE OF PAYMENT: 08/06/2004
POSTMARK DATE: 08/06/2004
COUNTY: CUMBERLAND
DATE OF DEATH: 05/10/2004
ACN
ASSESSMENT
CONTROL
NUMBER
AMOUNT
101 $2,959.00
TOTAL AMOUNT PAID:
$2,959.00
REMARKS:
CHECK# 93
SEAL
INITIALS: JA
RECEIVED BY:
GLENDA FARNER STRASBAUGH
REGISTER OF WILLS
REGISTER OF WILLS
Cumberland County - Register Of Wills
Hanover and High Street
Carlisle, PA 17013
Phone: (717)240-6345
Date: 10/05/2004
SCHIFFMAN STEVEN J
2080 LINGLESTOWN RD
SUITE 201
HARRISBURG, PA 17110-9483
RE: Estate of WOLFSON MARJORIE J
File Number: 2004-00663
Dear Sir/Madam:
It has come to my attention that you have not filed the
Certification of Notice Under Rule 5.7 (a) in the above captioned
estate.
As per the AMENDMENTS TO SUPREME COURT ORPHANS. COURT RULES,
NO. 103 SUPREME COURT RULES DOCKET NO. 1, for decedents dying on
or after July 1, 1992, the personal representative or his
counsel, within ten (10) days after giving proper notice to the
beneficiaries and intestate heirs as required by subdivision
(a) of Rule 5.7, shall file with the Register of Wills or Clerk
of the Orphans' Court his/her Certification of Notice.
This filing will become delinquent on 10/25/2004
Your prompt attention to this matter will be appreciated.
Thank You.
cc:
File
Personal
Judge
Representative(s)
GLENDA FARNER S~
Clerk of the Orphans' Court
Cumberland County - Register Of Wills
Hanover and High Street
Carlisle, PA 17013
Phone: (717)240-6345
Date: 10/05/2004
WOLFSON MARC JEFFREY
311 REESER ROAD
CAMP HILL, PA 17011
RE: Estate of WOLFSON MARJORIE J
File Number: 2004-00663
Dear Sir/Madam:
It has come to my attention that you have not filed the
Certification of Notice Under Rule 5.7 (a) in the above captioned
estate.
As per the AMENDMENTS TO SUPREME COURT ORPHANS, COURT RULES,
NO. 103 SUPREME COURT RULES DOCKET NO. 1, for decedents dying on
or after July 1, 1992, the personal representative or his
counsel, within ten (10) days after giving proper notice to the
beneficiaries and intestate heirs as required by subdivision
(a) of Rule 5.7, shall file with the Register of Wills or Clerk
of the Orphans. Court his/her Certification of Notice.
This filing will become delinquent on 10/25/2004
Your prompt attention to this matter will be appreciated.
Thank You.
CC:
File
Counsel
Judge
Sincerely,
GLENDA FARNER S~
Clerk of the Orphans' Court
CERTIFICATION OF NOTICE UNDER RULE 5.6(a)
Name of Decedent: Mariorie J. Wolfson
Date of Death: May 10, 2004
Will No. 2004-00663 Admin. No.
To the Register:
I certify that notice of estate administration required by Rule 5.6(a) of the Orphans' Court
Rules was served on or mailed to the following on 10-11-04 at the below listed addresses:
Name Address
Alan B. Wolfson, 923 Ashbrooke Wa,/#912, Knoxville, TN 37923
Marc Jeffi'e,/Wolfson, 311 Resser Road, Camp Hill, PA 17011
Niles L. Wolfson, 72 Stoneybrook Road, Montville, NJ 07045
Notice has now been give to all persons entitled thereto under Rtl,l~.6(a) except: __
· ../" Signature / / /
c.-' Steven J. Schif ,fi.fi.fi~, Esq.
Name/'
2080 Linglestown Rd., Suite 201
Harrisburg, PA 17110
Address
(717) 540-9170
Telephone No.
Capacity: __ Personal Representative
138 P0.
X Counsel for Personal Rep.
n/a
BUREAU OF 1ND/VTDUAL TAXES
TNHER/TANCE TAX DTVXS/ON
DEPT. 280601
HARRTSBURG, PA 17128-0601
COHHONHEALTH OF PENNSYLVANIA
DEPARTHENT OF REVENUE
NOTICE OF INHERITANCE TAX
APPRAZSEHENT, ALLO#ANCE OR DZSALLO#ANCE
OF DEDUCTIONS AND ASSESSHENT OF TAX
RE¥-1547 EX AFP (OZ-OS)
STEVEN J SCHIFFNAN '04
SERRATELLI ETAL
2080 LZNGLESTNN RD 20~
HBG
DATE 10-11-2004
ESTATE OF NOLFSON
DATE OF DEATH 05-10-2004
FILE NUHBER 21 04-0665
COUNTY CUHBERLAND
ACN 101
I Amount Remitted
HARJORIE J
HAKE CHECK PAYABLE AND RENZT PAYNENT TO:
REGISTER OF HILLS
CUHBERLAND CO COURT HOUSE
CARLISLE, PA 17015
CUT ALONG THIS LINE ~ RETAIN LONER PORTION FOR YOUR RECORDS ~
DZSALLONANCE OF DEDUCTIONS AND ASSESSNENT OF TAX
ESTATE OF NOLFSON HARJORIE JFZLE NO. 21 04-0663 ACN 101 DATE 10-11-2004
TAX RETURN NAS: (X) ACCEPTED AS FILED ( ) CHANGED
RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE
APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN
I Real Estate (Schedule A)
Stocks and Bonds [Schedule B)
$ Closely Held Stock/Partnership lnterest (Schedule C)
Nortgeges/Notes Receivable {Schedule D)
$ Cash/Bank Deposits/Nisc. Personal Property (Schedule E)
6 Jointly Owned Property (Schedule F)
7 Transfers (Schedule G)
8 Total Assets
APPROVED DEDUCTZONS AND EXENPTZONS:
9 Funeral Expanses/Ads. Costs/Nisc. Expenses (Schedule H)
10 Debts/Hortgage Liabilities/Liens (Schedule Z)
11 Total Deductions
12 Net Value of Tax Return
(1) O0
(2)
(q)
(5)
(6)
(7)
O0
O0
O0
18~654.00
5,$47 O0
50~85Z O0
CB)
3,198.00
(10)
NOTE: To insure proper
credit to your account,
submit the upper portion
of this form with your
tax payment.
15
NOTE:
74,853.00
2,408.00
(21) 5.6o~;. nQ
(12) 69,227. O0
.00
69,227.00
Charitable/Governmental Bequests; Non-eXected 9115 Trusts (Schedule J) (15)
Net Value of Estate Subject to Tax (1~)
X'P an assessment was issued previously, lines 14, 15 and/or 16, 17,
reflect figures that lnclude the total of ALL returns assessed to date.
18 and 19 will
ASSESSNENT OF TAX:
15. Amount of Line lq at Spousal rats
16. Amount of Line 1~ taxable at Lineal/Class A rats
17. Amount of Line lq at Sibling rats
18. Amount of Line lq taxable a~ CoXlaterel/Class B rats
19. Principal Tax Due
TAX CREDZTS
PAYHENT RECEXPT DISCOUNT
DATE NUNBER iNTEREST/PEN PAiD (-)
08-06-2004 CD004247 155.74
(15) .00 x O0 = .00
(16) 69,227.00 x 045= 3,115.00
(17) .00 X 1Z = . O0
(18) .00 x 15 = .00
(19)= 3,115. O0
AHOUNT PAID
2,959.00
TOTAL TAX CREDIT 3,114.74
BALANCE OF TAX DUEI .26
INTEREST AND PEN. .00
TOTAL DUE .26
( ZF TOTAL DUE ZS LESS THAN $1, NO PAYNENT ZS REQUIRED.
iF TOTAL DUE ZS REFLECTED AS A 'CREDIT' (CR), YOU HAY BE DUE
A REFUND. SEE REVERSE SIDE OF THIS FORH FOR INSTRUCTIONS.)
XF PAID AFTER DATE ZNDXCATED, SEE REVERSE
FOR CALCULATION OF ADDITIONAL INTEREST.
RESERVATION:
Estates of decedents dying on or before December 12, 198Z -- if any futura interest in the estate is transferred
in possession or enjoyment to Class B (collataral) beneficiaries of the decedent after the expiration of any estate for
life or for years, the Commonwealth hereby expressly reserves the right to appraise and assess transfer Inheritance Taxes
at the lawful Class D (collateral) rate on any such futura interest.
PURPOSE OF
NOT/CE:
PAYNENT:
REFUND (CR):
ODJECTIOHS:
ADNIN-
ISTRATIVE
CORRECTIONS:
DISCOUNT:
PENALTY:
INTEREST:
To fulfill the requirements of Section 2140 of the Inheritance and Estate Tax Act, Act Z$ of 2000. (72 P.S.
Section 9140).
Detach the top portion of this Notice and submit with your payment to the Register of Hills printed on the reverse side.
--Hake check or money order payable to: REGISTER OF NZLLS~ AGENT
A refund of a tax credit, which was not requested on the Tax Return, may bs requested by completing an "Application
for Refund of Psnnsylvania Inheritance and Estate Tax" (REV-1515). Applications are available at the Office
of the Register of Nills, any of the Z5 Revenue District Offices, or by calling the special Z4-hour
answering service for forms ordering: 1-800-56Z-Z050; services for taxpayers aith special hearing and / or
speaking needs: 1-800-447-30Z0 (TT only).
Any party in interest not satisfied with the appraisement, allowance, or disallowance of deductions, or assessment
of tax (including discount or interest) as shown on this Notice must object within sixty (60) days of receipt of
this Notice by:
--written protest to the PA Department of Revenue, Board of Appeals, Dept. 2810Z1, Harrisburg, PA 17128-10Z1, OR
--election to have the matter determined at audit of the account of the personal representative, OR
--appeal to the Orphans' Court.
Factual errors discovered on this assessment should be addressed in writing to: PA Department of Revenue,
Bureau of Individual Taxes, ATTN: Post Assessment Review Unit, Dept. lBO601, Harrisburg, PA 171ZB-0601
Phone (717) 787-6505. Sea page 5 of the booklet "Instructions for Inheritance Tax Return for a Resident
Decedent" (REV-ISOI) for an explanation of administratively correctable errors.
If any tax due is paid within three (3) calendar months after the decedent's death, a five percent (SI) discount of
the tax paid is allowed.
The 15Z tax amnesty non-participation penalty is computed on the totaL of the tax and interest assessed, and not
paid before January 18, 1996, the first day after the end of the tax amnesty period. This non-participation
penalty is appealable in the same manner and in the the same time period as you would appeal the tax and interest
that has been assessed as indicated on this notice.
lnterest is charged beginning with first day of deLinquency, or nine [9) months and one (1} day from the date of
death, to the date of payment. Taxes which became delinquent before January 1, 19BI bear interest at the rate of
six (6X) percent per annum calculated at a daily rate of .000164. Al! taxes which became delinquent on and after
January l, 19BI will bear interest at a rata which will vary from calendar year to calendar year with that rats
announced by the PA Department of Revenue. The applicable interest rates for 198Z through ZOO4 are:
Interest Daily Interest Daily Interest Daily
Year Rate Factor Year Rate Factor Year Rate Factor
~ 20Z .0005~8 ~'~'8-1991 iIZ .000501 2001 9Z .000247
1983 16Z .000438 199Z 9Z .O00Zq7 ZOOZ 6Z .000164
1984 112 .000501 1995-1994 7Z .00019Z 2003 5Z .000137
1985 132 .000356 1995-1998 92 .000247 2004 4Z .000110
1986 lOZ .000274 1999 7Z .O0019Z
1987 lOZ .000274 ZOO0 7Z .00019Z
--Interest is calculatad as follows:
INTEREST = BALANCE OF TAX UNPAID X NUMBER OF DAYS DELINQUENT X DAILY INTEREST FACTOR
--Any Notice issued after the tax becomes delinquent will reflect an interest calculation to fifteen (15) days
beyond the date of the assessment. If payment is made after the interest computation date shown on the
Notice, additional interest must be calculated.
CERTIFICATION OF NOTICE UNDER RULE 5.6(a/
Name of Decedent: (---~--[ ( ~ ~ ,~) f:. /~'i C h m/~ ~ ?e/z ~
of Death:
Will No. ~ CbC) ~ d30 (~ ~.~ Adn~n. No.
To the Register:
I certify that nolice of (beneficial interest) ~ required by Rule 5.6(a) of the Orphans' Court Rules was
served on or mailed to the following beneficiaries of the above-captioned estate on
Name Address
Notice has now been given to all persons entitled thereto under Rule 5.6(a) except
Date:
Address
Signature
Name
Teleph°ne(T/)7 '~/'-~'~' 6 5- /'~
Capacity: __
Personal Representative
__Counsel for personal representative
STATUS REPORT UNDER RULE 6.12
Name of Decedent: Mariorie J. Wolfson
Date of Death: 5-10-2004
Will No. 2004-00663 Admin. No.
Pursuant to Rule 6.12 ofthe Supreme Court Orphans' Court Rules, I report the following with
respect to completion of the administration of the above-captioned estate:
1. State whether administration of the estate is complete:
Yes -2L No
2. Ifthe answer is No, state when the personal representative reasonably believes that
the administration will be complete:
3. If the answer to No.1 is Yes, state the following:
a. Did the personal representative file a final account with the Court? Yes_ No-X-
b. The separate Orphans' Court No. (if any) for the personal representative's account is:
c. Did the personal representative state an account informally to the parties in interest?
Yes-x- No_
d. Copies of receipts, releases, joinders and approvals of formal or informal accounts may
be filed with the Clerk of the Orphans' Court and may be attached his report.
if- & -OS-
Dated:
STEVEN J. SCHIFFMAN. ESQ.
(-., , r
2080 Linglestown Rd., Suite 201
Harrisburg. P A 17110
Address
(717) 540-9170
Telephone Number
1....-....
Capacity: _ Personal Representative
--K- Counsel for Personal Representative
Representative
~
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
BUREAU OF INDIVIDUAL TAXES
DEPT. 280601
HARRISBURG. PA 17128-0601
REV-1162 EX(11-96)
RECEIVED FROM:
PENNSYLVANIA
INHERITANCE AND ESTATE TAX
OFFICIAL RECEIPT
SCHIFFMAN STEVEN J
2080 LINGLESTOWN RD
SUITE 201
HARRISBURG, PA 17110-9483
n_n_n fold
ESTATE INFORMATION: SSN: 149-01-4292
FILE NUMBER: 2104-0663
DECEDENT NAME: WOLFSON MARJORIE J
DATE OF PAYMENT: 04/19/2006
POSTMARK DATE: 04/18/2006
COUNTY: CUMBERLAND
DATE OF DEATH: 05/10/2004
NO. CD 006578
ACN
ASSESSMENT
CONTROL
NUMBER
AMOUNT
101 I $98.00
I
I
I
I
I
I
I
I
TOTAL AMOUNT PAID:
$ 98.00
REMARKS:
SERRATELLI, SCHIFFMAN ET AL
CHECK# 3053
SEAL
INITIALS: RSK
RECEIVED BY:
REGISTER OF WILLS
GLENDA FARNER STRASBAUGH
REGISTER OF WILLS
n t""
if. if. ,..
~ ~ 0 "", 1<
... \
1": 0 ~ c
0 ~ "" ~
J-. :::. ~,
rd ~ ~ \:. r,
0 '"
'J
()~()~
III c\.Q
I'i () -g. 1-"
I-' 0 (l) {J1
1-" C K rt"
{J1KI-'(l)
1-'rt"IllK
(l)::t';j
~ 0 p.. 0
C H'l
nj{J1
~ (l) () ~
o 1-"
Ul C I-'
~.o';j I-'
-1crt"{J1
olll~
~K()
ljJ(l)o
C
K
rt"
::t
o
C
{J1
(l)
~
.--
.-
.-
-
:::;:::
::::-
-
~
.-;::::
.-
N
o
C/O
o
~ 'i S.
::j ; ~
..-' U1 0J 2,
C ~ ~ ~
~ ~ ~ ..-'
-.1 ~ >L
0-;"2
"
c
.."
..-
~
;..t
C'
i
Cf)
i:
Ie
r-
..
REV-1500 EX (6-00)
OFFICIAL USE ONLY
COMMONWEALTH OF
PENNSYLVANIA
DEPARTMENT OF REVENUE
DEPT. 280601
HARRISBURG, PA 17128-0601
REV -1500
INHERITANCE TAX RETURN
RESIDENT DECEDENT
FILE NUMBER
~L
COUNTY CODE
~L 0663 ___
YEAR NUMBER
....
Z
W
o
w
U
w
o
DECEDENTS NAME (LAST, FIRST, AND MIDDLE INITIAL)
WOLFSON MARJORIE
DATE OF DEATH (MM-DD- YEAR) DATE OF BIRTH (MM-DD- YEAR)
5/10/2004 1/29/1918
(IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST, AND MIDDLE INITIAL)
J
SOCIAL SECURITY NUMBER
149-01-4292
THIS RETURN MUST BE FILED IN DUPLICATE WITH THE
REGISTER OF WILLS
SOCIAL SECURITY NUMBER
~ [J 1. Original Return
~::;en D
u a::~ 4. Limited Estate
w a..u
:I: 00 D
u a::-J 6. Decedent Died Testate (Attach copy of Will)
a.. to
~ D 9. Litigation Proceeds Received
(ZJ 2. Supplemental Return D 3. Remainder Return (date of death prior to 12-13-82)
D 4a. Future Interest Compromise (date of death after 12-12-82) D 5. Federal Estate Tax Return Required
D 7. Decedent Maintained a Living Trust (Attach copy of Trust) _ 8. Total Number of Safe Deposit Boxes
D 10. Spousal Poverty Credit (date of death between 12-31-91 and "'-95) D 11. Election to tax under Sec. 9113(A) (Attach Sch 0)
THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO:
NAME COMPLETE MAILING ADDRESS
to-
Z
w
o
z
o
a.
m
w
0::
0::
o
(j
STEVEN J. SCHIFFMAN, ESQ.
FIRM NAME (If Applicable)
SERRATELLI, SCHIFFMAN, ET AL.
TELEPHONE NUMBER
2080 LINGLESTOWN ROAD, SUITE 201
HARRISBURG, PA 17110
717-540-9170
1. Real Estate (Schedule A)
(1 )
OFFICIAL U~L y
g. ~
-:-0 ~
63;g -0
,on ~(). :;0
~:!J F;;
"'Co- - ::0 \.0
"7 (f) ?'
~3()o
('"") 0 -n
:;......c
:---> ::0
- :-t
::g
-0
'3
Ci!
N
N
2. Stocks and Bonds (Schedule B)
(2)
3. Closely Held Corporation, Partnership or Sole-Proprietorship (3)
4. Mortgages & Notes Receivable (Schedule D) (4)
5. Cash, Bank Deposits & Miscellaneous Personal Property
(Schedule E) (5)
Z 6. Jointly Owned Property (Schedule F) (6)
0 D Separate Billing Requested
i=
::i 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (7)
::J (Schedule G or L)
....
0:: 8. Total Gross Assets (total Lines 1-7)
<
U
W 9. Funeral Expenses & Administrative Costs (Schedule H) (9)
0::
10. Debts of Decedent, Mortgage Liabilities, & Liens (Sdledule I) (10)
11. Total Deducti,:,ns (total Lines 9 & 10)
12. Net Value of Estate (Line 8 minus Line 11)
2,445
15. Amount of Line 14 taxable at the spousal tax
z rate, or transfers under Sec. 9116 (a)(1.2)
o
~ 16. Amount of Line 14 taxable at lineal rate
....
::>
~ 17. Amount of Line 14 taxable at sibling rate
o
U 18. Amount of Line 14 taxable at collateral rate
><
~ 19. Tax Due
20. ~ . fl
x .0 ~ (15)
x.o ~ (16)
x .12 (17)
x.15 ( 18)
(19)
265
2,180
0
2,180
0
98
0
0
98
<<
~
13. Charitable and Governmental Bequests/See 9113 Trusts for lIIIhich an election to tax has not been
made (Schedule J)
14. Net Value Subject to Tax (Line 12 minus Line 13)
SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES
> > BE SURE TO ANSWER ALL QUESTIONS ON REVERSE SIDE AND RECHECK MATH
3W4645 1.000
Estate of
Executors
Name
Address
Tax ID
149-01-4292
(Page 1)
MARC J. WOLFSON
311 REESER ROAD
CAMP HILL, PA 17011-
141-42-2556
Decedent's Complete Address:
I S~ AOORESS
CllY
I STATE
I ZIP
Tax Payments and Credits:
1. Tax Due (Page 1 Line 19)
2. Credits/Payments
A. Spousal Poverty Credit
B. Prior Payments
C. Discount
(1)
98
o
o
o
Total Credits (A + B + C) (2)
o
3. Interest/Penalty if applicable
D. Interest
E. Penalty
o
o
TotallnteresVPenalty (0 + E) (3)
o
4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT.
Check box on Page 1 Line 20 to request a refund (4)
o
5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5)
98
A. Enter the interest on the tax due. (5A)
o
B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (58)
Make Check Pa able to: REGISTER OF WILLS, AGENT
98
PLEASE ANSWER THE FOllOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS
1. Did decedent make a transfer and:
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 . . . . . . . . . . . . . . . . . . . . . . . .
d. receive the promise for life of either payments, benefits or care? . . . . . . . . .
2. If death occurred after December 12. 1982, did decedent transfer property within one year of death
without receiving adequate consideration? . . . . . . . . . . . . . . . . . . . . . . . . . . .. D
3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? D
4. Did decedent own an Individual Retirement Account. annuity, or other non-probate property which
contains a beneficiary designation? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. D ~
IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN.
Under naltie perjury, I declare hat I have examined this retum, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct and complete.
D clar ion 0 pre arer other t n t e personal representative is based on all information of which preparer has any knowledge.
ISLE FOR FILING RE11.JRN
Yes
No
D
D
D
D
~
~
~
~
~
~
DATE
'1- -Dl;
CAMP HILL, FA 17011
DATE
HARRISBURG, PA 17110
For dates of death on or after July 1, 1994 and before January 1. 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3%
[72 P.S. 99916 (a) (1.1)(i)].
For dates of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0% [72 P.S. 99116 (a) (1.1) (ii)]
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 twenty-one 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% [72 P.S. 99116(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%, except as noted in 72 P.S. 9 9116(1.2) [72 P.S. 9 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% (72 P.S. 9 9116(a)(1.3)]. A sibling is defined, under Section 9102, as an
individual who has at least one parent in common with the decedent, whether by blood or adoption.
3W4646 1.000
REV-150~EX+ (6-98) .
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
SCHEDULE 8
STOCKS & BONDS
FILE NUMBER
MARJORIE J. WOLFSON
All property jointly-owned with right of survivorship must be disclosed on Schedule F.
21 04 0663
ITEM
NUMBER 60 Shares DESCRlPTlON
1. Prudential Stock
(The Executor only recently
received a Statement indicating
that the decedent owned these
shares)
VALUE AT DATE
OF DEATH
2,445
3W4696 1.000
TOTAL (Also enter on line 2, Recapitulation)
(If more space is needed, insert additional sheets of the same size)
$
2,445
REV-15~ E~ + (12-99~
SCHEDULE H
FUNERAL EXPENSES &
ADMINISTRATIVE COSTS
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
MARJORIE J. WOLFSON
ITEM
NUMBER
A.
B.
FILE NUMBER
21 04 0663
Debts of decedent must be reported on Schedule I.
DESCRIPTION
FUNEAAL EXPENSES:
1.
None
1.
ADMINISTRATIVE COSTS:
Personal Representative's Commissions
Name of Personal Representative(s)
Social Security Number(s} I EIN Number of Personal Representative(s}
Street Address
City
State
Zip
Year(s) Commission Paid:
2.
Attorney Fees
3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation)
Claimant
Street Address
City
State
Zip
4. Probate Fees
Relationship of Claimant to Decedent
5. Accountant's Fees
7.
6. Tax Return Preparer's Fees
J.
3W46AG 1.000
Register of Wills
(Supplemental Inheritance Tax
Return Filing Fee)
TOTAL (Also enter on line 9, Recapitulation)
(If more space is needed, insert additional sheets of the same size)
$
AMOUNT
250
J.5
265
,. .. J ...
REV-1513 EX+ (9-00)
SCHEDULE J
BENEFICIARIES
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
MARJORIE J WOLFSON
FILE NUMBER
21 04 0663
1
NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY
TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers
under Sec. 9116 (a) (1.2)]
Alan B. Wolfson
923 Ashbrooke Way #912
Knoxville, TN 37923
RELATIONSHIP TO DECEDENT
Do Not List Trustee(s)
AMOUNT OR SHARE
OF ESTATE
NUMBER
I
33% of Residue: 727
Son
727
2 Marc J. Wolfson
311 Reeser Road
Camp Hill, PA 17011
33% of Residue: 727
Son
727
3 Niles L. Wolfson
72 Stoneybrook Road
Montville, NJ 07045
33% of Residue: 727
Son
727
ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18, AS APPROPRIATE, ON REV-1500 COVER SHEET
II NON-TAXABLE DISTRIBUTIONS:
A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE
B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS
3W46AI 1.000
TOTAL OF PART II- ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET
(If more space is needed, insert additional sheets of the same size)
$
o
- II V
l)\,u~ ~,- 8 M\ i \: 11
! 1 .. JclFQY GF
t. \' I B~C"~
\. '& \
'\ ~ .~ '"
M
I
r-
I .,-,~
,..,.~
t<,J
<~:
ti
j-('.
t~~ X-..
rl ~.~
5 f.~.'J
t!:. ! '1
tf) ~
H .J
!::L. <(
0::. 0-....
<t, r:~
- ~-!"'-'''',:il,
..!.. <ij<;:.tl&";~''''~I/>I~
,:::::;;:;... ~rl\t -:-, ~/~\,...
~::./I.~-';iJ~It.:...~.:.:~
~ii;'}.:'?;\', ;::-;"::,I?~
.~~ -~,~ ~:':""~~l
~.\\''''=7::::f~''
'~~~II,~ .'?;~Ij,:
''..>,v, -:=',1/-\\::.[-$
Q;~'/I9',~.::;:.... -11--:'
: ~/;;~/C. '"'3:
:\f'.: \'I7~':~"\\\\"\
~-3"'''-'M ___ ~,\
: 'VJI'~"~--'\\-
f:~' ~ -,.// -:.... :0:-:
~'~~/; ,:!~
:::n~,,~ '/-:0//,
f/~i/ co 8. ~
,~: ~ 0 ) \'
. ~r-- 0.. '-:!:'
==;\. - ... - I
"fl. 0 > ,~".
~(-"\ .TI ""~
l';,\. ~_,
::;:: '.- I ~ ==
',\\-- (.) ~'.~
//~1~ ~ ;::..:'
i/!,~ @ 0 ~:~
; 10i\ i eCll ::,\\
~,..,..,\' ::J ~~
il::;: > \1__
"~I.::: ~ -III
~~ .c"
::: /(=- ::J ~\
~1t'11' ~ 0 :--;:;
'., ~ .':.:-
?= ........ \-~i'"~,
~Il~.::..\';.:\\~--'
'.~}{~
~f'l
.j
....:)
\
b~
~
\DT
\1
l'"'"\,\
"',"1
- "i./~:\:::://;:~\"
:. \/"/..';;...."/1 \ ;\ \ ~ ~
',,' /. " / -. "''l'"
~:~: 21~, 11~/1 IY Il{~
:.:.~o~'\I~.\\:::: 11--/_
'"d 1/11..::.-,,-":::; .\'1,'"
. ::-,.. ;-;:-11,.......-, ,..~-\\
\'\~ o\\'?:II,-I///,:S':/ I!,~
~ _. '-.......-.\\ /,
:;:";;'''Ii'.::)''> it '; \\711
;";;-"\"''I,,''J~\:,\\'f/; ':.
~.:Vi,-::;~!,~', %.tl~"
, II-:.....,./,~ /1.,/--"
'1I'=.II~',t,!/; 'l.11 --;/'"
'. '11' - ~-' ::--'://'/1
'1/;.. -,\\=~~~,\\:
;'jJ::..;JI, - '\\'i:/lo\\II~
~~?~\\ll.:FJ~-~fl
~111r-.:3.= ::::II.U.~.
11:......:~..,....I/tY...~\\
. ~ "--',/ '//'.~ -::: '1'j"?1 :...-:S'.'
~ ::-:"1/ ~ ./1-,/
'~;;: '\'\\'/~/,/~ .'~."
~--\,' ~.rl..r-"j ,"'"."
I~ ~~", -:::-..o..'jr7:d. I
~I' ...;; \\' ~
'-.:..'11 ~ .I\r'~\ /',' -:::.::' I t
~ \\-1 - ......1/
,?~ ~\-\'-::::,'II:I~
- . /./" .:-::......- II
: II = \\'ITI/'l~~
~\\ -:::-:-\1 ~-~\\"711:':"
~" 1.1 - ,/, -:%,-
\-'- I ::(, '1--"':'11'
~;:/ ~'~7fi\\'~7
~. I'=llll.\\~....;
I;;::I/~ .~~~ ~
'~'~1\.,,;,""""""'1I;,
(1'~\\~&t2!J;':;::1
<< '- II" -./1-:::-
:;. . -;- :;;::/-~" '.-
I :2\\ :::::"~~"/,:"\\.I
. ~":-/.;I' .-";11./";_"
'. ;:,:. - "==:; ,.:.," - 'i
't"" .\\-::::: I....... /1:";
~~~,~:~. ~-
-
-
....!
()
'.i)
'~l
~..
..l..
1*1
('.\
.,..1
!'..
.,--/
lU
(,I
,z)(
~~
o
-II<.
)(-10
~:I-
"",z
lUOlU
(,I :I:
,zQ:CI)
-cOCl)
I- lU
""lUCI)
Q:(,ICI)
lU,z-c
:1:<
,z3:0
""O,z
-I-c
1<.-1
O-cCl)
,z
lU ~O
(,II-,..,
"",zl-
I-lU(,I
0:1:;:)
,zlUO
Cl)lU
""0
-c
Q:I<.
~O
~
-c
~ r?' O"'h::rE r-
C,r-~:J'1nt".)., II I.", ....:
l'i-i!V' r ,lJ \/j" ": ..
~:(~")Tf!:' I , ~
Iii ..-. Q::' I-
~ ~ II z
OO~SEP ~8 AM II: '0 ___ ~
7' Q '" :
> Q ~
!It CLERK OF T ~ ,~ I-
ORP~,tJN:? C9xR 'lSA,~ E
CUlv~iJIg;\~ ~-' . ~ a:
Q Q'Oq: Q6! Q
N;ZNQ-.I ':i Z
' 0 , , Q::' ~ q:
'OCI)Q\:f"w ..::!
Q lL. r-t Q /lQ III III III
' -.I, ~ r-tl- ~ .."
'0 0 I.t'l r-t ,:) Q et '/:5 III
Q 3 Q N U r-tQ III 'a:5
r:: lI.I....
""~t:
~ ~ ....
t ~ ~ B
et "5 a: III
.........,X
C 0
:Jill
O.ll:
:~
et
tot
Z
~III
..".:;)
>-Z
(1)11I
Z>
Zlll
ilia:
A.IL
ILO
01-
xZ
1-11I
.."Z
etl-
ilia:
3:
ZIII
~Q
Z
o
o
x
I-
eta:
11I11I
~Q~
IL.:;)
IIIOZ>-
I- I-
e!~~~~Z
;!(I)ettotOO
-IIIQILOet
W
CI)
,:)
c
::c
I-N')
Q::'r-t
CI),:)Q
-.10,,-
-.lUr-t
1-/
30
Uq:
lL. 0..
OQ
;z ~
Q::'q:W
W-.I-.I
I-Q::'CI)
Cl)WI-/
1-//lQ-.I
C!)~Q::'
W,:)q:
Q::'UU
CI)
lU
)(
~
r-t
r-t
r-t
"-
Qr-t
N
q:
;z Qo..
~ Q::'
lL.-.I;z
lL.q:3
1-/1-1-
::CWCI)
U W
Cl)I-/-.I
-.lC!)
-'-.I;z
WI-/
;zl--.I
Wq:
:>Q::'Q
WQ::'C:OC!)
I-WQ/lQ
Cl)CI)N::c
-I:z: ...
~~ ~
0'" '"
,..,... I
~~ ~
i... ~
"'~I""f"<<
.....UJ~c.
O~~f:i
;:)~l\I;g
-c......",
lU"'o...
~i~~
1ZI...a.:t:
Xl
'"
~
'"
>
-<
to<
C
:z
Dl'" "".)1'1
r+ ....::J III
.." ...
,",,11"00)
';$ 0'"
II 0 In II
., Ul Ul
... ..
I>> -n UI 0
'E 0 III 0+\
-n" .....
g.""gg.
.. n
nDlOlD
.....,..,0.
Ol Ul ..
In" II::J
Ul ::I'"
r4"l-I.UI
",';$0
.. '" 0.
'"' ..",
n n CD ","'
o 0 ::J ::J
.... iI .... (g
.....
Dl 0 r+ C
r1"::JO::J
.. SO
.., CD nO
I>> OJ ......,
......Ol
.....,r+UlC"
';$Ul"
., .."
0):1"",0
..... .,
lEI'" ,.... II
lD n
o a 0 'l:::I
::J '" ....m
...n
OJ CD as II
::I" .....
\C"OlDC"
., ., lD
III II Q) ..,
c: Ul ...
nUl""" ....
';$'" N
'" a-
.." ..
C .., ::J ....,
,...lDm\oC
ClJ)-nC)Q
., m 101' N
lD ., n
<..... \
....CD QI I
::I Ul .,
r+ .... ....
CDr+CU....
., ';$ Ul
.... Ol
Ul 0::1
rot''' -n I,(,
. ...
'" ....."
';$';$C:
...lD'"
c:
... 0. .,
o .. ..
n
Ql II....
"CI 0.::1
"CI .. ...
., ::I"
Ol ....,
... ..
Ul Ol Ul
.. .."",
...
QI to I."'''
::I ., ::I
0.
......
Ol';$';$
Ul .. lD
Ul
.. ....
Ul "Ul
Ul "CI ...
...Ol
....,...
., Ol lD
Ol ...
::J ""."".
Ul 0 Ul
..,,::1
lD ...
., 0 .,
,,"",-n~
i"~~
.., \.( ~
","' IV'"
g~~
gg
-<.."
.. 0
~ .,
Ul
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
BUREAU OF INDIVIDUAL TAXES
DEPT. 280601
HARRISBURG, PA 17128-0601
REV-1162 EX(11-96)
RECEIVED FROM:
PENNSYLVANIA
INHERITANCE AND ESTATE TAX
OFFICIAL RECEIPT
SCHIFFMAN STEVEN JAY ESQUIRE
SERRATELLI & SCHIFFMAN
2080 L1NGLESTOWN RD #201
HARRISBURG, PA 17110-9445
_hu___ fold
ESTATE INFORMATION: SSN: 149-01-4292
FILE NUMBER: 2104-0663
DECEDENT NAME: WOLFSON MARJORIE J
DATE OF PAYMENT: 09/08/2006
POSTMARK DATE: 08/28/2006
COUNTY: CUMBERLAND
DA TE OF DEATH: 05/10/2004
NO. CD 007183
ACN
ASSESSMENT
CONTROL
NUMBER
AMOUNT
101 I $6.66
I
I
I
I
I
I
I
I
TOTAL AMOUNT PAID:
REMARKS:
CHECK# 3125
SEAL
INITIALS: JA
RECEIVED BY:
REGISTER OF WILLS
-
$6.66
GLENDA FARNER STRASBAUGH
REGISTER OF WILLS
BUREAU OF INDIVIDUAL TAXES
INHERITANCE TAX DIVISION
PO BOX za0601
HARRISBURG PA 171Z8-0601
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
INHERITANCE TAX
'Jf:00Df1C, n n ~,~ATf;MENT OF ACCOUNT
[I ," Iii)':' fF~I,.r: 11'-
..... -..'" ''"-. ., ,...,.:.,..' \,... i I \...~.... .,_.,J j
*'
REV-1607 EX AFP (03-05)
DATE
ESTATE OF
DATE OF DEATH
FILE NUMBER
COUNTY
ACN
10-02-2006
WOLFSON
05-10-2004
21 04-0663
CUMBERLAND
101
Allount R..i Heel
MARJORIE
J
ZOU6 OCT 31 AM /0: 22
CLERf< OF
STEVEN J SCHIFFMAN ORP.:...U\\":~ fJil,JRT
SERRATELLI ETAL "L".,.1'",_\", il
2080 LINGLESTWN R~~'OJ r PA
HBG PA 17111
MAKE CHECK PAYABLE AND REMIT PAYMENT TO:
REGISTER OF WILLS
CUMBERLAND CO COURT HOUSE
CARLISLE. PA 17013
NOTE: To insure prop.r crRit to your 1ICCount. subIIit the upp.r portion of this fora with your tax p.ya.nt.
CUT ALONG THIS LINE
... RETAIN LOWER PORTION FOR YOUR RECORDS +--
---------------------------------------------------------------------------
REV-1607 EX AFP (03-05)
*** INHERITANCE TAX STATEMENT OF ACCOUNT ...
ESTATE OF WOLFSON MARJORIE J FILE NO.21 04-0663 ACN 101 DATE 10-02-2006
THIS STATE"ENT IS PROVIDED TO ADVISE OF THE CURRENT STATUS OF THE STATED ACN IN THE .w.ED ESTATE. SHOWN BELOW
IS A SUMMARY OF THE PRINCIPAL TAX DUE. APPLICATION OF ALL PA~ENTS. THE CURRENT BALANCE. AND. IF APPLICABLE.
A PROJECTED INTEREST FIGURE.
DATE OF LAST ASSESSMENT OR RECORD ADJUSTMENT: 06-06-2006
PRINCIPAL TAX DUE: 3.213.00
PAVMENTS (TAX CREDITS):
PAYMENT RECEIPT DISCOUNT (+) AMOUNT PAID
DATE NUMBER INTEREST/PEN PAID (-)
08-06-2004 CD004247 155.74 2.959.00
04-18-2006 CD006578 .00 98.00
08-28-2006 CDOO7183 6.40- 6.66
TOTAL TAX CREDIT 3.213.00
BALANCE OF TAX DUE .00
INTEREST AND PEN. .01
. IF PAID AFTER THIS DATE. SEE REVERSE TOTAL DUE .01
SIDE FOR CALCULATION OF ADDITIONAL INTEREST.
( IF TOTAL DUE IS LESS THAN $1.
NO PA~ENT IS REQUIRED.
IF TOTAL DUE IS REFLECTED AS A "CREDIT"" (CR).
YOU "AY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FO~ FOR INSTRUCTIONS. )
O-b