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HomeMy WebLinkAbout03-0065PETITION FOR PROBATE and GRANT OF LETTERS also known as No. . Deceased. Social Security No. lq4. 7~4 The petition of the undersigned respectfully represents that: Your petitioner(s), who is/are 18 years of age or older an the execut in the last will of the above decedent, dated and codicil(s) dated To: Register of Wills for th.e County of Qtlm~tltt Commonwealth of Pennsylvania in the named ,19.__ (state relevant circumstances, e.g. renunciation, death of executor, etc.) Decendent was domiciled at death in C*Oi~ ~"~t'~l~ _ CoMnty, Pennsylvania_, with last family or principal residence at ~ tO~ fVll[~ .~1~ IP~t~ ~0_~ _.~.1.1_ 01~ [']~l~ (list street, number and muncipality) Decendent, then I~/ ! years of age, died ~ r-~ ~ ~1. q , t-9 Zoo at Except as follows, decedent did not marry, was not divorced and did not have a child born or adopted after execution of the will offered for probate; was not the victim of a killing and was never adjudicated incompetent: Decendent at death owned property with estimated values as follows: (If domiciled in Pa.) All personal property $ (If not domiciled in Pa.) Personal property in Pennsylvania $ (If not domiciled in Pa.) Personal property in County $ Value of real estate in Pennsylvania $ situated as follows: WHEREFORE, petitioner(s)respectfully r~e?~s~t.~ep~robate of the last will and codicil(s) presented herewith and the grant of letters T,,~tl ~ ,o[ theron. (testamentary; a~aministration c.t.a.; administration d.b.n.c.t.a.) OATH OF PERSONAL REPRESENTATIVE COMMONWEALTH OF PENNSYLVANIA COUNTY OF ~&, f The petitioner(s) above-named swear(s) or affirm(s) that the statements in the foregoing petition are true and correct to the best of the knowledge and belief of petitioner(s) and that as personal represen- tative(s) of the above decedent petitioner(s) will well and truly administer t~13e estate according to law. Sworn to or affixed and subscribed ~ before me this ~ ~Z~ day of ~ No. a,Q.l-O3 - (o5 Estate 0f .~_,^~ ~ ~-~'~ Il .., Deceased DECREE OF PROBATE AND GRANT OF LETTERS AND NOW "x~t ~. t~'~2) ' ~('Y3.:~ ')~ , in consideration of the petition on the reverse side hereof, satisfactofi proof l~aving been presented before me, IT IS DECREED that the instrument(s) dated ~.(3.~C'C~ ~ ~ ~ ~ described therein be admitted to probate and filed of record as the last will of and Letters are hereby granted to ~ ~ FEES Probate, Letters, Etc .......... $ Short Certificates( ) ...' ....... $ Renunciation ................ ._3 0,~o $1o · TOTAL . $,~1. Filed . ./..7.6~-.,.~ .-r..O.~. ................. ATTORNEY (Sup. Ct. I.D. No.) ADDRESS PHONE 01/~1/~0~ ~:43 717~7523D~ DARREL DETHLEFS PAGE ~3/~3 State ofCalifomia 15~ County of Los Angeles,~ RENUNCIATION 21-o3-G5 In Re Estate of ~.R~-~_y p._ Rtaoht~] _ deceased. To the Re~ister of Wills of r'_,...he_.-!=_~,t County, Pennsylvania. The undersisned Leslie Kalmbach of the above decedent, hereby r~ounce(.9 the right to administer the estate a~d respectfully a~k(s) that Letters be issued to .~a.~.~ B=chte!~Bet!ey ,,. WITH~$5 hand thb ~ / day of ~,~.-,-~,9'-' o~DO, Off SUBSCRIBED AND SWORN TO BEFORE ME (Si~mntute) (Address) ($~nature) (Addr~s) LAST WILL AND TESTAMENT OF AUDREY E. BECHTEL ,,2.1-0,3-05 I, AUDREY E. BECHTEL, a resident of and domiciled in the Commonwealth of Pennsylvania, make, publish and declare this to be my Last Will and Testament, revoking all wills and codicils at any time heretofore made by me. FIRST: Declaration Concernin.q Family. I declare that I am not married and that I have two (2) children now living, namely LESLIE KALMBACH and SANDRA BECHTEL-BETLEY, and that I have no other children living or deceased. The terms "child", "children" and "issue" shall include adopted children. I further declare it is my intention to dispose of all property I am entitled to dispose of by Will. SECOND: Nomination and Appointment of Executor. I hereby nominate and appoint LESLIE KALMBACH and SANDRA BECHTEL-BETLEY to be my Co-executors hereunder, to serve without bond. The term "Executor" as used herein shall apply regardless of gender. THIRD: Last Illness and Funeral Expenses; Powers of Executor. I direct my Executor to pay my last illness and funeral expenses. I authorize my Executor to receive and retain any of my property; to sell, at public or private sale, encumber or lease any prope~y of my estate without notice, at such prices and upon such terms as he deems best, and without the giving of any bond, subject, however, to such confirmation as may be required by law; to hold, manage and operate such property; to continue the operation of any business of my estate, alone or in partnership with others, for such times and in such manner as deemed advisable, or to sell or liquidate such business, and any such operation, sale or liquidation shall be at the risk of my estate and without liability on my Executor for any losses resulting therefrom; to invest and reinvest surplus moneys in such investments as he deems advisable; to determine what is principal and what is income of my estate and to allocate and charge to either principal or incomeany debts, taxes and expenses of administration. FOURTH: Distribution of All Property; Non Exercise of Power of Appointment It is my intention by this Will to dispose of all of my property. I do not intend hereby to exercise any power of appointment which I may have arising from that Trust Agreement described hereinafter in Paragraph SIXTH. 9-2 FIFTH: Disposition of Personal Effects. Except as provided in any written instructions to my Executor regarding the disposition of personal effects, I give ary interest I may have in all personal automobiles, clothing, jewelry, china, silver, books, pictures and other works of art, household furniture and furnishings and all other items of domestic, household or personal use to the Trustee of that Trust Agreement described in Paragraph SIXTH. The bequests made by this paragraph shall be free and clear of estate and inheritance taxes, which I direct my Executor to charge against the residue of my estate. SIXTH: Disposition of Residue of Estate. (1) All the rest, residue and remainder of my estate, both real and personal and of whatever kind and wherever situated, I give, devise and bequeath to the individual or bank then acting as Trustee under that certain Trust Agreement designated as THE AUDREY E. BECHTEL TRUST, signed earlier this day and bearing the same date as this Will, of which I am the Trustor and the Trustee, to be combined with the other assets of the trust and held, administered and distributed as a part of that trust, according to the terms the~of and any amendments made to it prior to my death. It is my intent, if it be permissible, not to create a separate trust by this Will and not to subject THE AUDREY E. BECHTEL TRUST or the property added to it by this Subparagraph (1) to the jurisdiction of the probate court. (2) If for any reason the disposition in Subparagraph (1) is not operative or is invalid, or if the trust referred to in Subparagraph (1) fails or has been revoked, then I give the rest, residue and remainder of my estate to the individual or bank which would have been Trustee of such trust had such trust been operative, valid and unrevoked at my death, to be held, administered and distributed under the terms and conditions of THE AUDREY E. BECHTEL TRUST, signed earlier this day and bearing the same date as this Will. (3) Anything else herein to the contrary notwithstanding, should any portion of such trust be terminable upon my death, the disposition made in this Paragraph SIXTH shall be made directly to the beneficiaries for whom the outright distribution from the trust shall be made, and the remainder which will remain in such trust, if any, shall pass into such trust under the provisions of Paragraph SIXTH (1) or (2), as the case may be. (4) Should the Trustee of that trust described in Paragraph SIXTH (1) and (2) elect not to pay any or all of the estate, gift or inheritance taxes from such trust, then, to the extent they are not so paid, all taxes levied by the United States or any state, district, territory or possession thereof upon or because of any property passing under this Will or any Codicil thereto or by reason of any transfer or gift made by me during my lifetime or at my death, or which may be imposed by reason of my death, or the acquisition of property by any person upon my death by succession, inheritance, survivorship or otherwise, shall be paid out of the residue of my estate as an expense of administration. My Executor is authorized to accept any distributions from the Trustee of that trust described in Paragraph SIXTH (1) or (2) for purpose of such payment. 9-3 SEVENTH: Omitted Heirs; Will Contests Except as otherwise specified in this Will, I have intentionally and with full knowledge omitted to provide for my heirs at the time of my death. If any beneficiary under this Will or heir at law of mine or person claiming through any of them shall contest or otherwise challenge the validity of this Will or attack any of its provisions or the trust described in Paragraph SIXTH herein, directly or indirectly, any share or interest in my estate given to such person under this Will is hereby revoked, and such share or interest shall be distributed in the same manner provided herein as if such person had predeceased me without issue. EIGHTH: Partial Invalidity. Should any part, clause, provision or condition of this Will be held to be void, invalid or inoperative, then I direct that such invalidity shall not affect any other provision hereof, which shall be effective as though such invalid provisions had not been made. IN WITNESS WHEREOF, I AUDREY E. BECHTEL sig~ and declare this instrument as my Last Will and Testament this /,5'"' day of~'~-~--~ , ~ y. AUDREY E. BECHTEL The foregoing instrument consisting of four (4) typewritten pages was signed, sealed, published and declared by AUDREY E. BECHTEL, the above-named Testator, to be her Last Will and Testament in our presence, all being present at the same time, and we, at her request and in her presence and in the presence of each other, have subscribed our names as witnesses on the date above written. residing at residing at 9..4 COMMONWEALTH OF PENNSYLVANIA, COUNTY OF CUMBERLAND, ss. We, AUDREY E. BECHTEL and ~_¥~.~ ~'. F~,~,,** and .~,~. ~Y'~l;~,,c ~ and , the Testator and the witnesses respectively, whose n~mes are signed, to the attached or foregoing instrument, being first duly sworn, do hereby declare to the undersigned authority that the Testator, AUDREY E. BECHTEL, signed and executed said instrument as her Last Will and Testament in the presence and hearing of the witnesses, and that he had signed willingly, and that he executed it as her free and voluntary act and deed for the purposes therein expressed, and that each of the witnesses at the request of the Testator, in the presence and hearing of the Testator and each other, signed the will as witness, and that to the best of his or her knowledge the Testator was at the time at least eighteen years of age, of sound mind and under no constraint, duress, fraud or undue influence. Testator Witness Witness witness Subscribed, sworn to and acknowledged before me by the said AUDREY E. BECHTEL~ a~an.d sworn to before me by the above-named witnesses, this /',5' ,u?..c (//~y commission expires on Member, Pennsylvania Association of Notaries Notarial Seal John Taglianetti, Notary Public Whitemarsh Twp., Montgomery County My Commission Expires June 20, 2005 Testator, ~ day of 9-5 ~' REV-lea0 EX (e.ag) COMMONWEN.TH OF PENNSYLVANIA DEPARTMENT OF REVENUE DEPT. 280601 HARRISBURG, PA 171280601 REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT / ?-- //6- RI C NUMBER (LAST. FIRST. AND IdlOOLE INITIAL) I-- Z BECHTEL t AUDREY "' /02 I 04/29/1931 Iii . ' (IF APPUC. A~ SURVIVING SPOU;:~5 NAME (LAST. FIRST. AND MIDOLE INITIAL) 194-24-3653 TI41 RETURN MUST BE FILE~ IN DIJP~JCATil WTrH THE REG_E_~'rTER OF WILLS SOCIAL SECLRJTY NUMBER l?,~' a.~ ~:; l-l-I 4. Limited EState ~ 4a. Future Intomlt C~npmmile (~,. M d~am Mtlr 12.12.a2) I-~ 5. Federal Estate Tax Relum Requir~l 5~(Z~ J-~ 8. OecedantDledTestato (~chca~,af.) ~ 7. Dececlent MaintaineqaLi~ngTru~(A..1Khm~/afTnm! -- 8. To~lNuml~orofSaMDelx~tBoxel ~-] S. LitlgMkxt Prtx;eeq$ Received ~--~ 10. SpO'__'_~l_ POverty C~Klit ('*a~M<I#mI~m,,N, :Z-3t41ami.t-~: ~ 11. r:l_ecf__k:,__q tO tax under Sec 9113(A)(~3mo) THIS SECTION MUST BE CC)MP~=TED~ ALI. CORRESPONDENCE AND CONFIDENTIAL TAX'INFC~__~_~IOlt SHOtJLD B~ DIRECTEDT~ Z lU (~ ROBERT OULAHAN, CPA FIRM NAME (If Appacable) WOLFENDEN ~ & DWARES ~EI.EPHONE NUMBER 302-254-8240 824 t'~MtKET ST SUITE 720 WILMINGTON DE 19801 10. 11. 12. 13. Real Estate (Schedule A) (1) Stocks and Bands (Schedule B) (2) Closely Held ~. Pa,%-,amhip orS~M-Pn3OdM~hip (3) Mortgages & NOM~ Receivable (Schedule D) (4) Cash. Bank Oelx~ts & MiscManeo,___,,. Personal P~ty Joi[~y Or, mm Property (Sc~equle F) (e) Sepamm Baling Requested Intor-Vh,o~ Transfers & M~scaM~ecus Nm-Prelim Pmpe~/ (7) (Schedule G or L) Total Groax Ae~eta (total Line~ 1-7) Funeral Expenses & Adminletmave Cxms (Schedule H) (9) De'ts of Decedent. M°ngage Ua3iia,, & Uan, (Sm~,~ ,) (10) Total Deductions (total Lin~ 9 & 10) Net Value of EMato (Line 8 minus Line 11) Cherita~le and Govemmantel Bequests/Sec 9113 Trusts for which an ~ to tax has.n~ been made (Sct~.adule J) 349,090 1,007~438 (8) 10 r 523 861 (11) ('12) (13) OFFIClN. U~ ONLY lr356t528 11r384 1r345r144 14. Net Value Subject to Tax (Line 12 minus Line 13) (14) 1~345~144 15. Amount of Line 14 taxable M lhe -~-_,sM t~x rate, or transfem under Sec. 9116 (aX1.2) 0 x .0 0 (15) 16. Amountof:Line14tsxablealineMtate 1,345,144 x.o 45 (16) , 17. Amount of Line 14 taxM)le al sibling rMe x.12 (17) 18. Amount of Line 14 taxable a~ colateral rate. x.15 (18) 19. Tu Due (19) 60,531 60~531 · · BE SURE TO ANSWER ALL QUF-STiONS ON REVERSE SIDE AND Pr:CH_;CK MATH < < Decedent's Complete Address: 3908 NEWPORT GAP PIKE 19808 WII/MINGTON Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount Interest/Penalty if applicable D. Interest E. Penalty Total Credits (A + B + C) (2) Total Interest/Penalty (D + E) (3) (1) 60,531 4. If Line 2 is greater than Line I + Line 3, enter the difference. This is the OVERPAYMENT. Check box on Page 1 Line 20 to request a refund (4) 5. W Line I + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) 60,531 A. Enter the interest on the tax due. (SA) B. Enter the total of Line 5 + SA. This is the BALANCE DUE. (5B) 60,531 Make Check Pa able to: RECdSTER OFWlU.~ AGENT PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X' IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No a. retain the use or income of the property transferred; ....................... ~ ~'~ b. retain the right to designate who shall use the prooetty transferred or its income; ......... ~'] ~--~ c. retain a reversional~ inC."est; 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 dealh without receiving adequate consid~atJon? ............................ [] [] 3. Did decedent own an 'in trust for" or payable upon death bank _=c__~,__,nt or security at his or her desth? [] [] 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate 13'ol~erty which contains a beneficiary designation? ................................ ~ [] IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU _MI._L_Cq' C_n~.._=tETE SCHE_r-xjtE G .~D FILE rr AS PART OF THE RETURN. 824 MARKET STREET W~T.34, DE 19801 I-I / ...,) / For dates of doath on or after July 1. 1994 and before Janua~/1, 1995, the tax cato imla3~,:l oft the net value of ~ to or for the m of the suwiving Sl~Uae Is 3% [72 P.S. § 9916 (a) (1.1) (i)J. For dates of death on or after January 1, 1995. the tax rate imlx~ed on the net value of transfers to or for the use of the sun~ving spouse is 0% [72 P.S. § 9116 (a) (1.1) The statute does not exempt a transfer to a surviving spouse f~om tax, and the statutory requbemettts for disclosure of ass~s and Illlng a tax return am t alNdlcabll even if the aurv~v~ng spouse ia the only beneacia~. For dates of death on or alter July 1, 2000: The tax rate iml:x:~ed on the net value of transfers ft'om a deceased child twenty-one yoam of age or youngec at death to or for the use of a natural I~rent, an adoptive parent, or a stePl~amnt of Ihs chikl is 0% [72 P.S. § 9116(aX1.2)]. The tax rata imposed on the net value of ttansfem to or for the use of the d_~,c_~,~_~nr$ lineal benallcisde~ is 4.5%, aoe:~Wt a~ noted in 7'2 P.S. §9116(1.2) [72 P.S. §9116(aX1)]. The tax rata imposed on the net value of tmnsfem to or for the use of the decedenr$ sibllng~ is 12% (72 p.s. § 9116(a)(1.3)]. A sibling ts defined, undor Seclion 9102. a an individual who has at least one parent in common ~ the decedent. ~ by blood or ado~Uon. REV-I~03 EX * COMMONWEALTH OF PENNSYLVANIA INHERITAN(~ TAX RETURN RESIDENT ~ SCHEDULE B STOCKS & BONDS ESTATE OF FILE NUMBER A~'I~'Y' 1~1~ C~rJ~.. T. All property jointly-owned with right of survivorship must be dlsclc~ed on Schedule F. 1. 4526.167SHS GMNA FUND INV ACCRUED DMDEND 2.2877.771SHS WINDSOR FUND 3.2504.95SHS WE?.T.mSLEY INCOME 042SHS HEALTH CARE FUND 5 2456.697SHS FIDELITY PURITAN 6 434.370SHS FIDELITY 7 896.97SHS FIDELITY GROWTH & INCOME 8 590.74SHS FIDELITY OTC 9.2160.488SHS FIDELITY ASSETM~NAGER TOTAL (Also enter on line 2, Reca;itulati~n) $ VALUE AT DATE OF I:~ATH 47,389 227 42,390 50,400 43,845 42,796 41,356 31,681 16,901 32,105 34grOgO /If m~a REV-I~ EX * COMMONW~ OF PENNSYLVANIA ' II~'-iF.F~'r,N~IC~ TAX RETUi~I RESlOENT ~ SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY ~¥ATE OF FILE NUMBER include the )roceeds. oir litigation and the dale the __prcce~___s were received by the estate. All properly jointJy-owned with the right of survivomhip must be diIGl(3Md O~ Schedule F. ITEM NUMBER 2 3, 4 5 6 7 8 9. 10 11 12 13 BELCO CREDIT UNION ACCRUED INTEREST MISCELLANEOUS FURNITURE ~T.T. IANZANNUITy #2100027 ALLIANZANNUITY #6450338 MID-AMERICANABSTRACT, INC - UNCASHED CHECK FOR SETTr.~NT OF HOME S~T.~ 13548.077 SHS OF GNM~ FUND IRA 2090.016 SHS LONG TERM CORPORATE INV IRA 1073.170 SHS WINDSOR II FUND IRA 3522.063 SHS WELLINGTON FUND IRA 1111.251 SHS ASSET ALLOCATION FUND INV IRA 300.281 SH TG2005 AMERICAN CENTURY IRA 3220.236 SH FIDELITY EQUITY INCOME'IRA 1991.87 SH FIDELITY UTILITY INCOME IRA V~UEATDA~ OFDEA~ 60,672 65 1,000 106,770 137,984 123,340 141,848 18,100 27,538 165,185 23,236 26,827 153,122 21,751 TOTAL (Als0 enter on line 5, 2W46AD 2.000 (if more snare is needed, ins~'t additional sheets o~the same REVo1511 COMMONWEALTH OF P~NNSYt. VANIA IM'~ERIT~ TAX RETURN SCHEDULE H FUNERAL EXPENSES &. ADMINISTRATIVE COSTS ~TATE OF ~lkTJ'l~l~¥ ~. 1R~..(~YJ~I~..T,· Debts of decedent must be repmtsd on Schedule I. FILE NUMBER ITEM NUMBER DESCRIPTION FUNEP~L EX~SES: PARTHEMORE FUNERAL HOME - FUNERAL SERVICE MESSIAH VILLAGE NURSING HOME - SILVERSPRING AMBULANCE - TRANSPORTATION OF BODY AMOUNT 3,294 300 29 1. ADMINISTRATIVE COSTS: Personal Repmsontative's C~nmisaions Name of Personal Representative(s) Social Security Number(s) / EIN Number of Personal Representative(s) Street Address City State Zip Year(s) C43mmisaion Paid: Attorney Fees Family Exemption: (if decedent's address is no~ the same as claimant's, attach explanation) Claimant Street Address City State Zip __ Relationship of Claimant to Decedent Protmm Fees Accountant's Fees Tax Return Preparer's Fees TOTAL. (Also enter on line 9, 3,500 3,400 2W46AG2.000 (Ifm~es~isneeded, insartadditionai ~eetsofsamesize) : REV-1512 EX * (14)7) ~11.1 OF PENNSYI. VANIA IM'IEF~rANCE TAX RETURN ~:~ATE OF FILE NUMBER SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS Include unretmbursed medical expense~. ITEM MJMBER DESC~P~ON COMCAST CABLE - CABLE SERVICES VERIZON - PHONE SERVICES PPL ELECTRIC- E~.;-CTRIC UTILITIES PA WATER BILL - WATER UTILITIES AT&T - CREDIT CARD MESSIAH VILLAGE - APARTMENT EXPENSES AT&T - PHONE SERVICES AMOUNT 328 84 7 355 38 44 2W46AH 2.000 TOT~4. (Also enter on line 10. R__,Y~T _'L~""~) $ (If more space is needed, insert additional sheets oflhe same size} · REV-1513 EX* (9-00} COMMONWEALTH OF PENNSYLVANIA INHE~IT~ TAX RETURN RESlDI~NT ~ SCHEDULE J BENEFICIARIES ~TATE OF FILE NUMBER A~T~,]~¥ R~R'~.T. REI~TIO~IP TO ~ AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) REC_,ENING PROPERTY Do Not List Tnmtae(s) OF ESTATE 2 II. TAXABLE DISTRIBUTIONS [include outright spousal dis~ibuliens, and transfe~ undor Sec. 9116 (a) (1.2)] 3908 NEWPORT GAP PIKE WILMINGTON, DE 19808 LESLIE KALMBACH 37145 VELUTINAWAY PALMD~T.H, CA 93550 DAUGHTER DAUGHTER 50% 50% -:NTER ~ AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON UNES 15 THROUGH 18, AS APPROPRIATE, ON REV-1500 COVER SHEET NON-T~ DI~TI~iBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE B. CHARIT~ AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART II -ENTER TOTAL NON.T. avXABLE DISTRIBUTIONS ON UNE 13 OF REV-1500 COVER SHEET 2W4~AI t000 (If more space is needed, insert additional sheets ot lhe same size) A COPY OF FORM 706 UNITED STATES ESTATE (AND GENERA TION.-SKIPPING TRANSER) TAX RE TURN WAS ATTACHED TO THE ORIGINALLY FILED FORM REV-1500 PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT Form 712 (Rev. October 1997) Department of the Treasury Internal Revenue Service LIFE INSURANCE STATEMENT OMB No. 1545-0022 Part 1 Decedent - Insured (To be filed by the executor with Form 706, United States Estate (and Generation-Skipping Transfer) Tax Return, or Form 706- NA, United States Estate (and Generation-Skipping Transfer) Tax Return, Estate of nonresident not a citi:,~n_ of the United Decedent's first name and middle initial Audrey H. Decedent's last name Bechtel 3 Decedent's social security 4 Date of death number (if known) 194-24-3653 4-29-02 5 Name and address of insurance company THE UNION CENTRAL LIFE INSURANCE COMPANY PO BOX 40888 CINCINNATI OH 45240-0888 6 Type of policy Whole Life 98 8 Owner's name. If decedent is not owner, attach copy of application. Sandra L. Bechtel - Betley and Leslie B. Kalmbach 15 16 17 18 19 20 21 22 23 24 ?$ 26 7 Policy number L000004758 9 Date issued 11 Date assigned ~1~99 10 Assignor's name. Attach copy of assignment.. Value of the policy at the 13 Amount of premium (see instructions) 14 Name of beneficiary(s) time of assignment $12,737.50/Annually Sandra L. Bechtei-Betley and Leslie B. Kalmhach Face amount of policy plus paid up additions ........................................ '. ...................................................... Indemnity benefits .............................................................................................................................. $ Additional insurance ............................................................................................................................. $ Other benefits .................................................................................................................................... $ Principal of any indebtedness to the company that is deductible in determining net proceeds ........................................ $ Interest on indebtedness (Item 19) accrued to date of death ............................................................................... $ Amount of accumulated dividends ............................................................................................................. $ Amount of post-mortem dividends ............................................................................................................ $ Amount of returned premium .................................................................................................................. Amount of proceeds if payable in one sum ................................................................................................... Value of proceeds as of date of death (if not payable in one sum) ........................................................................ $ Policy provisions concerning deferred payments or installments. Note: If other than lump-sum settlement i$ authorized for a surviving spouse, attach a copy of the insurance policy. 250,173.09 250,173.09 27 Amount of installments 28 Date of birth, sex, and name of any person the duration of whose life may measure the number of payments. '"' 29 Amount applied by the insurance company as a single premium representing the purchase of installment benefits. $ :30 .............. 31. 32 Basis (mortality table and rate of interest) ~ by insurer in val.in$ in.~mllment benefits. Was the insured the annuitant or beneficiary of any annuity contract issued by the company? ............. ( )...Yea ....... (X)...No Names of companies with which decedent carried other policies and amount of such policies if this information is disclosed by your records. The undersigned 0,~icer of the a~,ve-named insurance co~ipany (or appropriate Federal agency statement setst, for~ true and cod'edt info ~ri~tiol~.-'~ gnature ~ VICE PRESIDENT HOWARD L. ROSEN or retirement system official) hereby certifies that this Date of Certifient_ion, 6-24-02 Instructions Statement of insurer. - This statement must be made, on behalf of the insurance company that issued the policy, by an officer of the company having access to the records of the company. For purposes of this statement, a facsimile signature may be used in lieu of a manual signature and if used, shall be binding as a manual signature. Separate statements. - File a separate Form 712 for each policy. Life 13. - Report on line 13 the annual premium, not the cumulative premium to date of death. If death occurred after the end of the premium period, report the last a~ual premium. Paperwork Reduction Act Notice. - We ask for the information on this form to carry out the Internal Revenue laws of the United States. You are required to give us the information. We need i~ to ensure that you are complying with these laws and to allow us to figure and collect the brv You are not required to provide the information requested on a form that is subject to the Paperwork Reduction Act unless the form displays a valid OMB control number. Books or rec.~rds relating to a form or its instructions must be retained as long as their contents may become material in the administration of any Internal Revenue law. Generally, tax returns ami return information are confidential, as required by section 6103. The time needed to complete and file this form will vary depending on individual circumstances. The estimated average time is: Recordkeepin~, 18 horns, 25 minutes; Learning about the form, 6 minutes; Preparing the form, 18 minutes. If you have comments concerning die accuracy of ~ese time estimates or suggestions for making this form simpler, we would be happy to hear from you. See the instructions for the tax return with which this form is filed. DO NOT send the tax form to that office. Instead, return it to the executor or representative. LAST WILL AND TESTAMENT OF AUDREY E. BECHTEL I, AUDREY E. BECHTEL, a resident of and domiciled in the Commonwealth of Pennsylvania, make, publish and declare this to be my Last Will and Testament, revoking all wills and codicils at any time heretofore made by me. FIRST: Declaration Concerning Family. I declare that I am not married and that I have two (2) children now living, namely LESLIE KALMBACH and SANDRA BECHTEL-BETLEY, and that I have no other children living or deceased. The terms "child", "children" and "issue" shall include adopted children. I further declare it is my intention to dispose of all property I am entitled to dispose of by Will. SECOND: Nomination and Appointment of Executor. I hereby nominate and appoint LESLIE KALMBACH and SANDRA BECHTEL-BETLEY to be my Co-executors hereunder, to serve without bond. The term "Executor" as used herein shall apply regardless of gender. THIRD: Last Illness and Funeral Expenses; Powers of Executor. I direct my Executor to pay my last illness and funeral expenses. I authorize my Executor to receive and retain any of my property; to sell, at public or private sale, encumber or lease any prope~'y of my estate without notice, at such prices and upon such terms as he deems best, and without the giving of any bond, subject, however, to such confirmation as may be required by law; to hold, manage and operate such property; to continue the operation of any business of my estate, alone or in partnership with others, for such times and in such manner as deemed advisable, or to sell or liquidate such business, and any such operation, sale or liquidation shall be at the risk of my estate and without liability on my Executor for any losses resulting therefrom; to invest and reinvest surplus moneys in such investments as he deems advisable; to determine what is principal and what is income of my estate and to allocate and charge to either principal or incomeany debts, taxes and expenses of administration. FOURTH: Distribution of All Property; Non Exercise of Power of Appointment It is my intention by this Will to dispose of all of my property. I do not intend hereby to exercise any power of appointment which I may have arising from that Trust Agreement described hereinafter in Paragraph SIXTH. 9-2 FIFTH: Disposition of Personal Effect~ Except as provided in any written instructions to my Executor regarding the disposition of personal effects, I give aw interest I may have in all personal automobiles, clothing, jewelry, china, silver, books, pictures and other works of art, household furniture and furnishings and all other items of domestic, household or personal use to the Trustee of that Trust Agreement described in Paragraph SIXTH. The bequests made by this paragraph shall be free and clear of estate and inheritance taxes, which I direct my Executor to charge against the residue of my estate. SIXTH: Disposition of Residue of Estate~ (1) All the rest, residue and remainder of my estate, both real and personal and of whatever kind and wherever situated, I give, devise and bequeath to the individual or bank-then acting as Trustee under that certain Trust Agreement designated as THE AUDREY E. BECHTEL TRUST, signed earlier this day and bearing the same date as this Will, of which I am the Trustor and the Trustee, to be combined with the other assets of the trust and held, administered and distributed as a part of that trust, according to the terms thereof and any amendments made to it prior to my death. It is my intent, if it be permissible, not to create a separate trust by this Will and not to subject THE AUDREY E. BECHTEL TRUST or the property added to it by this Subparagraph (1) to the jurisdiction of the probate court. (2) If for any reason the disposition in Subparagraph (1) is not operative or is invalid, or if the trust referred to in Subparagraph (1) fails or has been revoked, then I give the rest, residue and remainder of my estate to the individual or bank which would have been Trustee of such trust had such trust been operative, valid and unrevoked at my death, to be held, administered and distributed under the terms and conditions of THE AUDREY E. BECHTEL TRUST, signed earlier this day and bearing the same date as this Will (3) Anything else herein to the contrary notwithstanding, should any portion of such trust be terminable upon my death, the disposition made in this Paragraph SIXTH shall be made directly to the beneficiaries for whom the outright distribution from the trust shall be made, and the remainder which will remain in such trust, if any, shall pass into such trust under the provisions of Paragraph SIXTH (1) or (2), as the case may be. (4) Should the Trustee of that trust described in Paragraph SIXTH (1) and (2) electnot to pay any or all of the estate, gift or inheritance taxes from such trust, then, to the extent they are not so paid, all taxes levied by the United States or any state, district, territory or possession thereof upon or because of any property passing under this Will or any Codicil thereto or by reason of any transfer or gift made by me during my lifetime or at my death, or which may be imposed by reason of my death, or the acquisition of property by any person upon my death by succession, inheritance, survivorship or otherwise, shall be paid out of the residue of my estate as an expense of administration. My Executor is authorized to accept any distributions from the Trustee of that trust described in Paragraph SIXTH (1) or (2) for purpose of such payment. 9-3 SEVENTH: Omitted Heirs; Will Contest.~ Except as otherwise specified in thiS Will, I have intentionally and with full knowledge omitted to provide for my heirs at the time of my death. If any beneficiary under this Will or heir at law of mine or person claiming through any of them shall contest or otherwise challenge the validity of this Will or attack any of its proVisions or the trust described in Paragraph SIXTH herein, directly or indirectly, any share or interest in my estate given to such person under this Will is hereby revoked, and such share or interest shall be distributed in the same manner provided herein as if such person had predeceased me without issue. EIGHTH: Partial Invalidity. Should any part, clause, provision or condition of this Will be held to be void, invalid or inoperative, then I direct that such invalidity shall not affect any other provision hereof, which shall be effective as though such invalid provisions had not been made. IN WITNESS WHEREOF, I AUDREY E. BECHTEL sigj~t~s, eal, publish and declare this instrument as my Last Will and Testament this /~'"- day of f~--~t.,~~, ~ AUDREY E. BECHTEL The foregoing instrument consisting of four (4) typewritten pages was signed, sealed, published and declared by AUDREY E. BECHTEL, the above-named Testator, to be her Last Will and Testament in our presence, all being present at the same time, and we, at her request and in her presence and in the presence of each other, have subscribed our names as witnesses on the date above written. residing at residing at ~" -~'~'"~'-'~'- residing at 9.4 COMMONWEALTH OF PENNSYLVANIA, COUNTY OF CUMBERLAND, ss. We, AUDREY E. BECHTEL and ~=_~-L~_~ ~). ~.~.~,.,. and ~.,. 'T'~.~t;~,.~= ~; and , the Testator and the witnesses respectively, whose n~mes are signed, to the attached or foregoing instrument, being first duly sworn, do hereby declare to the undersigned authority that the Testator, AUDREY E. BECHTEL, signed and executed said instrument as her Last Will and Testament in the presence and hearing of the witnesses, and that he had signed willingly, and that he executed it as her free and voluntary act and deed for the purposes therein expressed, and that each of the witnesses at the request of the Testator, in the presence and hearing of the Testator and each other, signed the will as witness, and that to the best of his or her knowledge the Testator was at the time at least eighteen years of age, of sound mind and under no constraint, duress, fraud or undue influence. Testator Witness - Witness .. .... '.- ' - ,. ~,....,'_..,_~... witness Subscribed, sworn to and acknowledged before me by the said AUDREY E. BECHTEl.= Testator, an$1~ivbscrib.ed.and sworn to before me by the above-named witnesses, this /",.~'~ day of 9-5 TRUST AGREEMENT THIS TRUST AGREEMENT made thiS ~ day of //~¥/...-/~. ,-~.6~(/(~ between AUDREY E. BECHTEL, of the County of CUMBERLAND, Commonwealth of Pennsylvania, herein designated as Trustor, and AUDREY E. BECHTEL, herein designated as Trustee. The term "Trustee" shall include Co-Trustees. IT IS AGREED BETWEEN THE PARTIES HERETO AS FOLLOWS: ARTICLE I. TRUST PROPERTY A. Original Trust Estate. The Trustor hereby transfers to the Trustee, without consideration from the Trustee, the assets set forth in Schedule "A" attached hereto, receipt of which is hereby acknowledged, upon the conditions herein provided. B. Name of Trust. The name of this trust is THE AUDREY E. BECHTEL TRUST. C. Additions to Trust Estate. Additional property may be added to the trust estate at any time by the Trustor, or by any person or persons, by inter vivos or testamentary transfer. Such additions and title to any property so added may be, but need not be, evidenced by amendment to this agreement or by schedule, deed, assignment, or other wrilngs transferring property to the Trustee. All such original and additional property is referred to herein collectively' as the trust estate and shall be held, managed and distributed as herein provided. ARTICLE I1. ' TRUSTOR'S RIGHTS A. Amendment and Revocation. During the lifetime of the Trustor, this trust may be altered, amended or revoked, in whole or in part, by written instrument signed by tie Trustor and filed with the Trustee, and upon any revocation, all such assets shall return to the Trustor free of trust. By way of construction, all property transferred to the trust is separate property of the Trustor and shall remain separate property in this trust. After the death of the Trustor, this trust may not'be altered, amended or revoked. B. Incapacity of Trustor. If at any time it is determined that the Trustor has become incapacitated and the successor Trustee is authorized to exercise his/her authority as set forth herein, the successor Trustee shall obtain a certificate signed by a licensed physician stating that the Trustor is physically or mentally incapable of handling his own financial affairs and shall lodge such certificate with the trust records. Probate Code of Pennsylvania states that "Incapacitated Person" means an adult whose ability to receive and evaluate information effectively and communicate decisions in any way is impaired to such a significant extent that he is partially or totally unable to manage his financial resources or to meet essential requirements for his physical health and safety. The Trustee shall apply for the Trustor's benefit as much of the net income and p~ncipal of the trust estate as is necessary, in the trustee's discretion, to provide for the Trustor's health, education, maintenance, comfort, welfare, or happiness. The Trustee shall so act whether or not a court of competent jurisdiction has declar~ the Trustor competent or has appointed a conservator. If a conservator has been appointed for the Trustor, however, the Trustee shall take into account any payments made for the Trustor's benefit by the conservator. The Trustee power relating to incapacity shall remain in effect until a certificate signed by a licensed physician stating that the Trustor is no longer physically or mentally incapable of handling his own financial affairs and shall lodge such certificate ,with the trust records. Upon completion of this~ said incapacity is terminated and that Trustor is again able to manage that Trustor's own affairs. C. Conservatorship or Guardianship. In the event that the Trustor shall be legally declared a Conservatee or a Ward of the court, and the income from the trust shall be insufficient to provide for the proper health, support and maintenance of the Trustor, the Conservator or Guardian of the Trustor shall have the right, with the approval of the appropriate court, to invade the trust for the benefit of the Trustor to the extent that the Trust°r could have invaded the trust had the Trustor not been, at that time, subject to a Conservatorship or Guardianship. The power of the Trustor to revoke or amend this trust is personal to the Trustor and shall not be exercisable in the Trustor's behalf by any Conservator or Guardian or other person, except that revocation or amendment may be * authorized, after notice to the Trustee, by the court that appointed the Conservator or Guardian. D. Investment of Trust Estate. While the Trustor is living and competent, the Trustor may, at any time or times, direct the Trustee in writing to invest the trust estate .in specific securities, properties or investments, to retain as part of the trust estate any securities, properties or investments for such length of time as such directions may provide, or to sell, encumber, lease, manage, control or dispose of any property of the trust estate. The Trustee shall not beliable for any loss sustained or incurred by reason of compliance by such Trustee with any such written directions of the Trustor. E. Character of Property. Regardless of the location of such property, any personal property transferred to this trust shall remain personal property. ARTICLE III. DISPOSITIVE PROVISIONS DURING TRUSTOR'S LIFETIME A. Payment of Expenses. The Trustee shall pay or reserve sufficient funds to pay all~ expenses incident to the establishment, management and administration of the trust estate, including the compensation of the Trustee, all or any part of which may, in the discretion of the Trustee, be charged either to income or principal of the trust estate. The remaining income shall be and is hereinafter referred to as "net income". B. Distribution of Income. During the lifetime of the Trustor, the Trustee shall pay to the Trustor, or shall apply for the Trustor's benefit, the net income of the trust in quarte~annual or more frequent intervals. C. Distribution of Principal If the Trustee considers the net income insufficient, the Trustee may pay to or apply for the benefit of the Trustor as much of the principal of the trust estate as is necessary, in the Trustee's discretion, for the proper health, education, support, maintenance and comfort of the Trustor, in accordance with the accustomed manner of living of the Trustor at the date of this instrument. The Trustee shall exercise this power to invade principal in a liberal manner. ARTICLE IV. DISPOSITIVE PROVISIONS AFTER DEATH OF TRUSTOR A. Proration of Trust Estate. Except as otherwise Specifically I:rovided in this instrument (or in the Trustor's Will directing that the property passing under the Will be applied to the satisfaction of a tax), all estate and other inheritance taxes, including interest and penalties, imposed on or by reason of the inclusion of any portion of the trust estate in the gross taxable estate of the Trustor may be paid by the Trustee and charged to, prorated among, or recovered from the trust estate of the persons entitled to the benefits under these trusts as provided in the .applicable provisions of the Internal Revenue Code. The trust estate includes property subj'ect to probate administration that is directed to be added to the trust estate by reason of the Trustor's .death. B. Payment of Expenses of Trustor's Estate. On the death of the Trustor, the Trustee may, in .the Trustee's discretion, pay, out of the trust, the debts of the Trustor; the estate and inheritance taxes, including interest and penalties, arising because of the Trustor's death; the last illness and funeral expenses of the Trustor; and attorneys' fees and other costs incurred in administering the Trustor's estate. The Trustee may pay any such taxes directly or, alternatively, in the sole discretion of the Trustee, distribute such sums to the Executor as shall be necessary to pay all or any portion of such taxes. C. Payment of Expenses of Administration. Upon the death of the Trustor, the Trustee shall pay or reserve sufficient funds to pay all expenses of management and administration of the trust estate, including the compensation of the Trustee and the attorney, all or any part of which shall be charged, in the Trustee's discretion, to income and/or principal of the trust estate. The remaining income shall be and is hereinafter referred to as "net income". D. Distribution of Gifts. The TruStee shall distribute gifts of trust p=perty, subject to the provisions of ARTICLE IV.G. hereinbelow, to beneficiaries as follows: None. E. Distribution of Remainder of Trust Estate. Upon the death of the Trustor, the Trustee shall, after paying or reserving for all amounts payable, as provided 'in ARTICLE IV A. through D., divide the remainder of the trust estate into four (4) shares set forth as follows and shall hold, administer and distribute each share according to the provisions of ARTICLE IV.G. hereinbelow: 1. Two (2) share to go to LESLIE KALMBACH; and Two (2) share to go to SANDRA BECHTEL-BETLEY, and if she is deceased, then one (1) share to go to URSINAS COLLEGE, Collegeville, PA, and one (1) share to go to her then living issue per stirpes, .subject to Paragraph G.' hereinbelow. F. Distribution of Deceased Beneficiary's Share. Except where otherwise noted, in the event a beneficiary named in Paragraph E. of this ARTICLE IV. is not then living, the share of such deceased beneficiary shall be distributed to his or her then living issue per stirpes, subject to Paragraph G. hereinbelow. G. Distributions of Income and Principal 1. The Trustee may pay to or apply for the benefit of each beneficiary for whom a trust is then held who has not yet attained the age of twenty-one (21) years as much of the net income of said trust as the Trustee shall determine to be in the best interest of and tending to promote the welfare of such beneficiary, after taking into consideration, to the extent the Trustee deems advisable, any other income or resources of such beneficiary. Any incOme not distibuted shall be accumulated and added to and become part of the principal of said trust. After a beneficiary for whom a trust is then held attains the age of twenty-one (21) years, the Trustee shall pay to or apply for the benefit of such beneficiary the net income of said trust in convenient intervals not less frequently than quarter-annually. 2. If the Trustee deems the net income available hereunder not sufficient to provide for the reasonable health, support, maintenance and education of any benefidary for whom a trust is then held, taking into consideration any other income and financial resources of such beneficiary, so far as known to the Trustee, it may, as often as it deems necessary, pay to or apply for the use and benefit of such beneficiary such part of the principal of the respective trust of such beneficiary, up to and including the whole thereof, as. is necessary for the' reasonable health, support, maintenance and education of such beneficiary. C. Payment of Expenses of Administration. Upon the death of the Trustor, the Trustee shall pay or reserve sufficient funds to pay all expenses of management and administration of the trust estate, including the compensation of the Trustee and the attorney, all or any part of which shall be charged, in the Trustee's discretion, to income and/or principal of the trust estate. The remaining income shall be and is hereinafter referred to as "net incOme... D. Distribution of Gifts The TruStee shall distribute gifts of trust property, subject to the provisions of ARTICLE IV.G. hereinbelow, to beneficiaries as follows: None. E. Distribution of Remainder of Trust Estate. Upon the death of the Trustor, the Trustee shall, after paying or reserving for all amounts payable, as provided'in ARTICLE IV A. through D., divide the remainder of the trust estate into four (4) shares set forth as follows and shall hold, administer and distribute each share according to the provisions of ARTICLE IV.G. hereinbelow: 1. Two (2) share to go to LESLIE KALMBACH; and Two (2) share to go to SANDRA BECHTEL-BETLEY, and if she is deceased, then one (1) share to go to URSINAS COLLEGE, Collegeville, PA, and one (1) share to go to her then living issue per stirpes, subject to Paragraph G. hereinbelow. F. Distribution of Deceased Beneficiary's Shar;,~ Except where otherwise noted, in the event a beneficiary named in Paragraph E. of this ARTICLE IV. is not then living, the share of such deceased beneficiary shall be distributed to his or her then living issue per stirpes, subject to Paragraph G. hereinbelow. G. Distributions of Income and Principal 1. The Trustee may pay to or apply for the benefit of each beneficiary for whom a trust is then held who has not yet attained the age of twenty-one (21) years as much of the net income of said trust as the Trustee shall determine to be in the best interest of and tending to promote the welfare of such beneficiary, after taking into consideration, to the extent the Trustee deems advisable, any other income or resources of such beneficiary. Any income not distibuted shall be accumulated and added to and become part of the principal of said trust. After a beneficiary for whom a trust is then held attains the age of twenty-one (21) years, the Trustee shall pay to or apply for the benefit of such beneficiary the net income of said trust in convenient intervals not less frequently than quarter-annually. 2. If the Trustee deems the net income available hereunder not sufficient to provide for the reasonable health, support, maintenance and education of any benefidary for whom a trust is then held, taking into consideration any other income and financial resources of such beneficiary, so far as known to the Trustee, it may, as often as it deems necessary, pay to or apply for the use and benefit of such beneficiary such part of the principal of the respective trust of such beneficiary, up to and including the whole thereof, as is necessary for the reasonable health, support, maintenance and education of such beneficiary. 3. The Trustee; in its discretion, may make net income or principal paYments to a minor or a beneficiary under disability by making such payments to the guardian or conservator of his or her person, to a custodian under a Uniform Gifts to Minors Act or similar statute applicable in the Commonwealth of Pennsylvania, or to any suitable person with whom he or she resides, or the Trustee may apply such payments directly for the beneficiary's benefit, including any reimbursement to a friend or relative for amounts properly advanced for the beneficiary's benefit. The Trustee may make net income or principal payments directly to a minor child if, in the Trustee's discretion, such child is of sufficient maturity to manage such distribution. No distribution under this instrument to or for the benefit of a minor beneficiary shall discharge the legal obligation of the beneficiary's parents to support him or her in accordance with the laws of the state of the parents' domicile from time to time, unless a court of competent jurisdiction determines that this dstribution is necessary for the minor's support, health, or education. 4. Upon the death of a beneficiary for whom a trust is then held prior to final distribution to such beneficiary, if said decedent is survived by issue, that portion of such trust (including both principal and any accrued or undistributed income) which is not exempt from the generation-skipping transfer tax imposed by Chapter 13 of the Internal Revenue Code of 1986 (or any successor provisions) shall be distributed to such one or mom persons or entities, including the decedent's estate, and on such terms and conditions, either outright or in trust, as the decedent shall have appointed by the last dated instrument delivered to the Trustee, including a Will (whether or not admitted to probate), specifically referring to and exercising this power of appointment. Any of such portion of the trust as is not appointed, together with that portion of the trust that is exempt from the generation-skipping transfer tax, shall be distributed to rte issue of the beneficiary, and if none, then according to the terms set forth in this ARTICLE hereinabove providing for the distribution of the remainder of the Trust Estate. 5. There need be no physical segregation or division of the various trust stares eXcept as segregation or division may be required by the termination of any of the trusts, but the Trustee shall keep separate accounts for the different undivided interests. 6. Subject to a possible retention of some or all of the assets of the t=st estate by the Trustee pursuant to ARTICLE VI S., whenever any beneficiary for whom a trust is then held shall have attained the age of twenty-five (25) years, the Trustee shall distribute to such beneficiary, free of trust, the entire principal and accumulated income, if any, of his or her separate trust. 7. In the event that there shall be no surviving named beneficiaries, including issue as set forth herein, the trust shall terminate and the proceeds shall be distributed to the then surviving heirs at law of the Trustor, as determined by the laws of intestate succession then existing in the Commonwealth of Pennsylvania; excluding, however, any provision for distribution to heirs of a predeceased spouse. 4-9 8. The terms "child" and "children" shall hclude both natural and legally adopted children, and the term "issue", unless otherwise designated herein, shall include adopted "issue" of descendants and lineal descendants, both natural and legally adopted indefinitely. Such term shall specifically e~clude individuals adopted out of the family of Trustor or out of the family of a descendant of Trustor. The word "living" shall include unborn persons in the period of gestation. H. Distribution If Special Needs Trust Require~. In the event any .beneficiary entitled to receive a distribution from the trust estate is also receiving government benefits that would impair the beneficiary's continued right to receive the government benefits, then the funds that were to be distributed to the beneficiary shall instead be held, .administered, and distributed by the Trustee for the benefit, welfare, and education of the beneficiary, pursuant to the provisions set forth below. 1. The primary beneficiary of this trust has a disability that substantially impairs the beneficiary's ability to provide for the beneficiary's own care or custody and constitutes a substantial handicap. The purpose of this trust is to provide financial aid that is supplemental to, rather than a replacement for, government benefits provided to the beneficiary, without disturbing government benefits that would be available to the beneficiary if the trust did not exist. The Trustee shall hold, administer, and distribute ~il property allocated to the trust for the benefit of the following beneficiary during the beneficiary's lifetime, unless this trust is earlier terminated. 2. In accordance with the purpose of this trust and subject to the guidelines provided below, the Trustee may pay to or apply for the benefit of the beneficiary as much of the trust net income as the Trustee determines, in the Trustee's sole discretion, to be necessary or desirable to meet the beneficiary's special needs. "Special needs" are items or services that the Trustee considers necessary for the beneficiary's health, protection, and welfare and that cannot, in the Trustee's opinion, be provided by grants, services, and supplies available through any public agency, office, or department of theCommonwealth of Pennsylvania, any other state, or the United States. "Special needs" may include funds, items, or services that enhance the beneflciary's quality of life. Examples of funds, items, or services meeting special needs are incidental spending money, travel funds, personal items such as radios and televisions, gifts on the beneficiary's behalf to friends and relatives, a paid companion, health care services, supplies, and special equipment, training programs, and rehabilitation supplemental to Ihose that the beneficiary is entitled to receive under a government assistance program. The Trustee is neither obligated nor compelled to make any distribution. Any undistributed income shall be accumulated and added to principal. 4-10 3. The Trustee shall seek support and maintenance for the beneficiary from all available public resources, including but not limited to Social Security payments, Supplemental Security Income, Social Security Disability Insurance, Veterans Administration benefits of every kind, Medicare, or other Medicaid payments. If the Trustee receives government assistance benefits on the beneficiary's behalf, the Trustee shall collect, expend, and account for those benefits separately from, and not commingle them with, all other assets of Ibis trust. 4. The Trustee shall not use or distribute trust assets that will: a. Make the beneficiary ineligible for public benefits otherwise available to the beneficiary from any public agency, office, or department of the Commonwealth of Pennsylvania, any other state, or the United States; b. Cause the trust assets to bear all or part of any costs of treatment, equipment, or other assistance that would otherwise be paid by a government agency or benefits program; or c. Pay for serviCes, including residential care, rendered to the beneficiary by any government agency or unit. 5. The Trustee shall not reimburse from trust assets any amounts claimed by any government agency for material goods, services, or funds provided to the beneficiary. 6. For purposes of determining the beneficiary's Medicaid eligibility, no part of the principal or undistributed income of the trust estate shall be considered available to the beneficiary. The Trustee shall deny any beneficiary request for the Trust;e to (1) release principal or income of the trust to or on behalf of the beneficiary to pay for equipment, medication, or services that Medicaid could provide if the trust did not exist; or (2) petition the court or any other administrative agency for the release of trust principal or income for this purpose. The Trustee may, in the Trustee's discretion, take necessary administrative or legal steps to protect the beneficiary's Medicaid eligibility, including obtaining a ruling from a court of competent jurisdiction that the trust principal is not "available" to the beneficiary for purposes of determining Medicaid eligibility. Expenses for this purpose, including reasonable attorney fees, will be a proper charge to the trust estate. All references in this instrument to "Medicaid" include any other state's Medicaid program equivalent. 4-11 7. No interest in the principal or income of this trust may, be anticipated, assigned, encumbered, or subject to any creditor's claim or to legal process before actual receipt by the beneficiary. Because this trust is intended to be conserved and maintained for the beneficiary's special needs, no part of the trust principal or income may be subject to the claims of voluntary or involuntary creditors for any costs incurred orsums expended by any public agency, office, or department of the Commonwealth of Pennsylvania, any other state, or the United States, for the provision of care* and services (including residential care) to or for the beneficiary (whether prospectively or h reimbursement). The beneficiary of the trust has a disability that substantially impairs the beneficiary's ability to provide for the beneficiary's own care or custody and constitutes a substantial handicap. 8. If a court or government agency determines in the Trustee's opinion that the trust renders the beneficiary ineligible for government benefits for which the beneficiary would be eligible if the trust did not exist, the Trustee shall evaluate the financial loss caused to the beneficiary by the beneficiary's ineligibility for government benefits as compared to the financial gain to the beneficiary resulting from the trust's continued operation, to determine whether to maintain the trust in operation or to terminate the trust. If the Trustee determines that the benefits conferred by the trust dO not outweigh the detriment caused by the loss of government benefits, the Trustee may, in the Trustee's sole discretion, terminate the trust and distribute the trust assets according to the provisions below. 9. The Trustee shall terminate this trust and distribute its assets as provided in subparagraph 12. if: a. A court of competent jurisdiction issues an order compelling the Trustee to reimburse a government agency for payments made, services rendered, or materials supplied to or for the beneficiary by that agency; or b. The Trustee determines, in the Trustee's sole discretion, that the trust may be subject to garnishment, attachment, or execution by any creditor (including a government agency) and that no appeal or any other legal remedy can defeat the order for reimbursement or anticipated garnishment, attachment, or execution, or that legal challenge to that order, garnishment, attachment, or execution would be excessively costly to the trust in view of the then-remaining trust assets and the needs of any other beneficiary. 10. If the trust terminates during the beneficiary's lifetime, the Trustee shall, after paying the expenses of trust administration and termination, distribute the remainirg trust principal, together with any undistributed income, as designated in subparagraph 12. below. Each person receiving property is requested, but not directed, to conserve, manage, and distribute the proceeds of the former trust estate for the benefitof the former beneficiary of the trust, in accordance with the provisions set forth in this trust for administration and distribution of the trust assets while the original beneficiary was beneficiary of this trust. 4-12 11. The Trustee may, in the Trustee's discretion, pay last-illness and funeral expenses, any death taxes attributable to any part of the trust estate, and expenses from the administration or distribution of the trust estate. The Trustee shall not pay expenses for which, in the Trustee's opinion, there is an adequate source of payment outside the trust. The Trustee shall also not pay expenses incurred by or on behalf of the beneficiary during the beneficiary's life if a government benefits program was obligated to meet those expenses while the beneficiary was alive. 12. At the death of the beneficiary, the Trustee shall distribute any remaining balance of the trust estate (including accrued income and undistributed income) to one or more of the group consisting of the class specified bebw, on such terms and conditions (outright, in trust, or by creating further powers of appointment) as the beneficiary shall appoint in a valid will or inter vivos document executed after the Trustor's death, specifically referring to and exercising this power of appointment. If the beneficiary does not effectively appoint all the trust estate, the Trustee shall distribute the trust property amongst the beneficiary's issue per stirpes, and if none, then to the Trustor's issue per stirpes. ARTICLE V. ADDITIONAL DISPOSlTIVE PROVISIONS A. Discretionary Termination. If the value of the trust estate or of any segregated share held as a separate trust is determined by the Trustee to be valued at $20,000.00 or less, then such trust may, in the discretion of the Trustee, be terminated and the remainder of such trust shall be distributed to the person then entitled to the income therefrom. B. Rule Against Perpetuities. Unless sooner terminated in the manner hereinbefore provided, each trust shall cease and terminate one day prior to twenty-one (21) years from the death of the Trustor, or the death of the survivor of the named beneficiaries who are living at the date of death of the Trustor, whichever death shall last occur. Upon such termination, the entire trust estate, including principal and any accrued or undistributed net income the~on, shall be distributed to the persons for whom said trust estate is then held, in proportion to the trusts then held for such persons. 4-13 C. Spendthrift Provision. No beneficiary of this trust, other than the Trustor, shall have any right to alienate, encumber or hypothecate his interest in the trust to claims of his creditors, or to render such interest liable to attachment, execution, or other process of law. The income of this trust shall not be pledged, assigned, transferred, sold or accelerated, anticipated or encumbered in any manner whatsoever by any beneficiary, nor shall any income of the trust be in any manner subject or liable in the hands of the Trustee for the debts, contracts or encroachments of any beneficiary or be subject to any assignments or any other voluntary or involuntary alienation or disposition whatsoever. If the creditor of any beneficiary, other than the Trustor, who is entitled to any distributions from a trust established under this instrument shall attempt by any means to subject to the satisfaction of his claim' such beneficiary's interest in distribution, then, notwithstanding any other provision herein, until the release of the writ of attachment or garnishment or other process, the distribution set aside for such beneficiary shall be disposed of as follows: 1. Distribution to Beneficiary. The Trustee shall pay to or aPply for the benefit of such beneficiary such sums as the Trustee shall determine to be necess;ry for the reasonable health, education (including study at institutions of higher learning) and support of the beneficiary according to his or her accustomed mode of life. 2. Disposition of Excess. The portion of the distribution that the Trustee shall determine to be in excess of the amount necessary for such health, education (including study at institutions of higher learning) and support shall, in the Trustee's discretion, either be added to and become principal of the trust share of such beneficiary or be paid to or applied for the benefit of the other beneficiaries then entitled to receive payments from any trust established under this instrument, in proportion to their respective interests in the trust estate; or, if there be .no other beneficiaries, the excess income may be paid to or applied for the benefit of the person or persons presumptively entitled to the next eventual interest, in proportion to their respective interests.* D. Simultaneous Death. If any beneficiary of the trust Shall die simultaneously with the Trustor, or if there is insufficient evidence to establish that such beneficiary and the Trustor died other than simultaneously, it is hereby deemed that the Trustor shall have survived the beneficiary. E. Probate Court Jurisdiction Available. Probate Code sections 17200-'17210 or any successor or substitute provisions of those sections authorizing optional probate court jurisdiction over revocable trusts apply to all trusts created under the terms of this instrument. ARTICLE VI. TRUSTEE'S POWERS In addition to all other powers and discretion granted to orvested in the Trustee by law or by this instrument, the Trustee shall have full power to do everything it deems to be in the best interests of the beneficiaries of the trust, including, but not limited to, the following powers and discretion: 4-14 A. Power to Retain Trust Property and Comply with Existin_q A_clreement~ To continue to hold any property received in trust, including undivided interests in real property, arfl to operate any property or any business received in trust as long as the Trustee, in the Trustee's discretion, may deem advisable, notwithstanding the fact that any or all of the investments retained are of a character or size which, but for this express authority, would not be considered proper for the Trustee. In the event the Trustor shall be a party to a Buy-Sell Agreement, Cross- Purchase Agreement, Stock Redemption Agreement, Option or any agreement providing for the disposition of Trustor's interest in property, whether such agreement has been executed by Trustor individually or as Trustee of this Trust Agreement, and which property is owned by the trust, then upon the death of Trustor, the then acting Trustee of this trust is hereby directed to transfer as much of Trustor's interest in such property then held in the trust as is necessary to carry out the provisions of any such agreement and to execute all documents and take all further actions necessary or appropriate to carry out the terms of such agreement. B. Power to Manaqe Trust Property. To manage, control, sell, convey, exchange, partition, divide, subdivide, improve and repair; to grant options and to sell upon deferred payments; to lease for terms within or extending beyond the duration of the trust, for any purpose, including exploration for and removal of oil, gas and other minerals; to enter into oil, gas and mineral leases, assignments, farmouts, farmins and joint ventures; to rurchase and sell gas, oil and mineral royalties, to create restrictions, easements, and other servitudes; to compromise, arbitrate, or otherwise adjust claims in favor of or against the trust; to institute, compromise and defend actions and proceedings; to construct, alter or demolish any buildings; and to carry such insurance as the Trustee may deem advisable. C. Power to Invest. To invest and reinvest the principal and to purchase or acquire therewith every kind of property, real or personal, and every kind of investment, specifically including, but not by way of limitation, commodities of every nature, corporate obligations of every kind, precious metals such as gold or silver, and stocks, preferred or common,and to buy stocks, bonds, commodities and similar investments on margin or other leveraged accounts and to short sell such accounts, and to buy, sell and write stock and other security options, and to enter into commercial partnership as a partner, limited or general, and to operate any businesS as a sole proprietor. To open, operate and maintain a securities brokerage account wherein any securities may be bought and/or sold on margin, 'and to hypothecate, borrow upon, purchase and/or sell existing securities in such account as the Trustee may deem appropriate or useful. D. Power to Retain Trust Property without Diversification To retain, without liability for loss or depreciation resulting from such retention, original property, real or personal, at any time received by the Trustee, for such time as the Trustee shall deem best, even though such property may not be of the character prescribed by law or by the terms of this t=st for the investment of trust funds, and although it may represent a large percentage of the total trust or estate property, and without being required to observe the principle of diversification of trust investments. E. Power to .Retain Unproductive Property. To retain uninvested all or any part of the trust estate from such time, and from time to time, as the Trustee may deem advisable. 4-15 F. Power to Borrow. To borrow money for any trust purpose upon such terms and conditions as the Trustee may deem proper, and to obligate the trust estate by mortgage, deed of trust, pledge, or otherwise, using such procedure to consummate the transaction as the Trustee may deem advisable and to pledge the assets of the trust estate to secure the guarantee by the Trustor of the debts of third parties. G. Power to Manage Securitie_~ To have, respecting securities, all the rights, powers and privileges of an owner, including the power to pay assessments and other sums deemed by the Trustee necessary for the protection of the trust state; to participate in voting trusts, pooling agreements, foreclosures, recapitalizations, reorganizations, consolidations, mergers, and liquidations, and in connection therewith to deposit securities with and transfer title to any protective or other committee under such terms as the Trustee may deem advisable; to exercise or sell stock subscription or 'conversion rights, to accept and retain as 'an investment any securities or other property received through the exercise of the foregoing powers. H. Power to Partition, Allot and Distribute. Upon any division or distribution of the trust estate, to partition, allot and distribute the trust estate in undivided interests or in kind, or partly in money and partly in kind, at valuations determined by the Trustee, and to sell such property as the Trustee may deem necessary to make division or distribution. The power of the Trustee to make distributions in kind shall include the power to make not,pro rata distributions in kind without regard to the income tax basis of assets so distributed. I. Power to Determine Principal and Incoma. Except as otherwise specifically provided in this Trust Agreement, the determination of all matters relating to principal and ircome and receipts and expenses shall be governed by the provisions of the Uniform Principal and Income Act or similar statute applicable in the Commonwealth of Pennsylvania from time to time existing. Any such matter not provided for either in this instrtment or in the Uniform Principal and Income Act or similar statute applicable in the Commonwealth of Pennsylvania shall be determined by the Trustee in the Trustee's discretion. The Trustee's powers shall be subject, at any time that a beneficiary shall be a Trustee hereunder, to the Trustee's duty to treat income and remainder beneficiaries equitably. J. Power to Distribute Income. To make payments, if any, of the net income of the trust in quarterly or more frequent intervals as may be convenient to the Trustee. Upon the death of the income beneficiary of the trust during its continuance, any accumulated income which would have been paid to such beneficiary had he or she survived shall not be payabb to his or her estate but shall be paid to his or her successors or successor in interest in the trust as hereinabove provided. K. Power to Employ Counsel To employ counsel and corporate or other agents in the discharge of their duties and to pay them a reasonable compensation out of either income or principal, in the Trustee's discretion, and to rely upon the advice of counsel and to suffer no liability resulting from any action taken or withheld purstant to such advice. 4-16 L. Power to Pay Taxes and Expenses Relative to Trust Property. To pay from time to time all taxes, assessments, including corporate assessments, and other charges levied or accruing against or on account of the trust property, and to pay all expenses of the trust, including reasonable compensation to the Trustee. To deduct all said taxes, assessments, charges and expenses from the income or principal of the trust as the Trustee may deem proper, giving consideration to whether it was income or principal or an allocation between them which gave rise to such taxes, charges and expenses. M. Power to Hold Trust Property in the Name of a Nomin_m. To take title to any property in its name as Trustee hereunder or in its own name or in the name of a nominee without disclosing the trust, or, in the case of securities, to take and keep the same unregistered and to retain, them in such manner that title may pass by delivery; or, in the case of real estate, to keep deeds unrecorded; or to deposit cash in a checking or savings account without indication of any fiduciary capacity. N. Power to Distribute to or for the Benefit of Minor or Disabled Beneficiary In any case in which a trust share is distributable to a beneficiary who has ncr reached majority in the state of his or her residence, or in any case where mandatory or discretionary payments of income or principal are to be made to such a minor or other beneficiary under legal disability, the Trustee may, in its discretion, distril=ute income or principal directly to the beneficiary, to the guardian or parent of the beneficiary, to a bank account in trust, to a custodianship for the beneficiary or to a person with whom the beneficiary resides. The receipt of the beneficiary, guardim, parent or person shall discharge the Trustee from its responsibility for the proper expenditure of income or principal. ~:*:.. O. Power to Pay Taxes. To pay out of the trust shares or income interests giving rise · · to such taxes, all state, federal and local property taxes, income taxes and all other taxes relating to the trust estate. P. Power to Lend. To lend money to any person, including the probate estate of the Trustor, provided that any such loan shall be adequately secured and shall bear a reasonable rate of interest. Q, Power to Insure. To carry insurance of such kinds and in such amounts as the Trustee deems advisable, at the expense of the trust, to protect the trust estate and the Trustee personally against hazard. R. Power to Commence or Defend Litiqation and to Compromis~ To commence or defend, at the expense of the trust, such litigation with respect to the trust or any property of the trust estate as the Trustee may deem advisable, and to compromise or otherwise adjust claims or litigation against or in favor of the trust. 4-17 S. Power to Withhold Payment Pursuant to Conflictincl Claim~ To withhold from distribution, in the Trustee's discretion, at the time for distribution of any property in this true, without the payment of interest, all or any part of the property, so long as the Trustee shall determine, in the Trustee's discretion, that such property may be subject to conflicting claims, to tax deficiencies, or to liabilities, contingent or otherwbe, properly incurred in the administration of the trust estate. The Trustee is under no obligation to make such retentions and shall be under no liability whatever for the exercise or the failure to exercise such discretion. The interests of the beneficiaries hereunder shall be vested regardless of whether or not such assets are so retained, and all income required to be paid shall be payable to such beneficiaries in convenient intervals not less frequently than quarter-annually. T. Power to Adiust for Tax Consequences. To take any action and to make any election, in the Trustee's discretion, in order to minimize the tax liabilities of this trust and its beneficiaries or to extend the time for payment of any tax liabilities. The Trustee shall allocate the benefits from such action or election among the various beneficiaries. The Trustee shall make adjustments in the rights of any beneficiaries, or between the income and principal accounts,to compensate for the consequences of any tax election, investment, or administrative decision that the Trustee believes has had the effect of directly or indirectly preferring one beneficiary or group of beneficiaries over others. U. Power to Subject Trust Property to Probate. It is the Trustor's intention to avoid probate through the use of this Trust Agreement. If, however, the Trustee of this trust and the Executor of the estate of Trustor shall mutually determine that it shall be in the best interests of the beneficiaries of the trust, and the beneficial interests of the beneficiaries shall not thereby be altered, the Trustee may subject any asset to probate to accomplish a result mavailable without probate. This power shall be strictly construed and shall only be used to secure any tax or other benefit otherwise unavailable to the trust. V. Power to Deleqate. To perform or to delegate to any trustee or non-trustee any non- discretionary power, including the power to singularly or jointly open, close or transfer any type of bank account and savings and loan association account, sign checks, drafts, withdrawal slips or other documents, give instructions for the receipt or delivery of securities or other property, give instructions for the payment or the receipt of money and, singularly or with others, have access to any safe deposit box or other place containing property of this trust. W. Power to Make Gifts. The Trustor may at any time direct the Trustees in writing to pay single sums or periodic payments out of the trust estate to any other person or organization. The Trustor's power to so direct the Trustees shall be personal to the Trustor, except that this power may be exercised by the Trustor's conservator or by the agent named in the Trustor's Durable Power of Attorney authorizing such action to the extent that payments to one or more persons qualify for the annual federal gift tax exclusion. 4-18 X. Power to Revoke. The power to revoke' or amend this instrument is personal to the Trustor and shall not be exercisable on the Trustor's behalf by a oonservator or any other person. This limitation, however, does not apply to the Trustor's agent under a Durable Power of Attorney, who may exercise the power to revoke or amend this trust as long as the agent is authorized to do so under the power of attorney instrument. Y. Power to Purchase. Options. The Trustee shall also have the power to establish and maintain margin accounts; and to buy or sell options, puts, and calls. Z. Power to Deleqate-Authority. To delegate to any person the authority to give instructions to any broker or transfer agent. ARTICLE VII. LIMITATION OF POWERS A. Mana_qement of Principal and Income. No powers, enumerated herein or accorded to Trustee generally by law, shall be construed to enable any person appointed as Trustee or otherwise, or any other person, to purchase, exchange or otherwise deal with or dispose of the principal or income of this trust for less than an adequate consideration in money or money's worth or to enable any person appointed as Trustee or otherwise to borrow the principal (r income of this trust directly or indirectly without adequate interest or security. This limitation shall not apply to a Trustor acting as.Trustee. B. Fiduciary Capacity of Trustee. Any Trustee or Co-Trustee of an irrevocable trust hereunder shall act at all times in his or her fiduciary capacity and shall treat the income and remainder beneficiaries equitably, and no Trustee shall have any power which would cause includibility of such irrevocable trust share in his or her estate for federal estate tax purposes. Should any condition arise, including a change in the law, which would prevent any such Trustee or Co-Trustee of such irrevocable trust from acting as Trustee hereunder without causing includibility of such trust share in his or her estate for federal estate tax purposes merely by reason of such trusteeship, such Trustee or Co-Trustee shall resign, and the next successor Trustee, as designated herein, who shall not be subject to such includbility shall be appointed in his or her stead. C. Invasion of Principal by Trustee. No Trustee or Co-Trustee who is also a beneficiary of an irrevocable trust share hereunder shall have the po~er to invade the trust principal for his or her benefit prior to the termination of the trust, except pursuant to the ascertainable standards set forth in this Trust Agreement. 4-19 ARTICLE VIII, RECORDS AND ACCOUNTING The Trustee is not required to render accounts or reports of the administration of the Trust as long as: 1. During the Trustor's lifetime, the Trustee (if other than the Trustor) renders an account or a report to the Trustor no less frequently than annually: 2. The Trustee, if other than a Trustor, renders an account or a report on the request of any Successor Trustee or any beneficiary, but not more frequently than once every six (6) months, whether that beneficiary has a present or future interest, vested or contingent; and 3. The Trustee may render accounts or reports on the Trustee's own initiative. ARTICLE IX. COMPENSATION OF TRUSTEE The Trustee shall receive as compensation for its services, unless waived, such amount of commissions as are customarily being charged by commercial trust companies for services as a trustee of an inter vivos trust in the Commonwealth of Pennsylvania. ARTICLE X. SUCCESSOR TRUSTEES A. Desi.qnation of Successor Trustee. Upon the death, resignation or incapacity of AUDREY E. BECHTEL as Trustee, the Co-successor Trustees shall be LESLIE KALMBACH and SANDRA BECHTEL-BETLEY. - ................................................................ B. Powers and Responsibility of Successor Trustee. Upon the appointment of any successor Trustee, such Trustee shall not be required to conduct an audit or account of the fiduciary conduct of any previous Trustee and shall incur no liability whatsoever by its failure to examine the prior trust record. Every successor Trustee shall have all the powers given the originally named Trustee. No successor Trustee shall be personally liable for any act or omission of any predecessor. 4-20 C. Guardianship or Conservatorship of Truste~. The establishment of a Guardianship or Conservatorship of the Trustee, whether it is of the Estate or the Person, shall cause the trusteeship of such individual to terminate and to pass to the successor Trustee. Additionally, should two physicians, neither of whom is a beneficiary hereunder, related to the Trustor or the Trustee within the second degree, nor related to any beneficiary of this trust or beneficiary under the Will of the Trustor within the second degree, certify that the Trustee is incompetent to act as Trustee, such trusteeship shall terminate and pass to the successor Trustee upon notification of such certification to the Trustor, the Trustee, and each then income beneficiary. Should the Trustor, Trustee or any income beneficiary object to such certification, such objecting party may seek a legal determination of incompetence in any court of competent jurisdiction. D. Resignation of Trustee. Any Trustee or Co-trustee of this Trust Agreement may resign as Trustee after written notice of such resignation is delivered to the Trustor, or, if the Trustor is deceased, to all of the beneficiaries then receiving income interests, and upon the acceptance of the successor Trustee to act. The resignation of a Trustee can be effected by the attorney-in-fact for a Trustee exercising such power pursuant to a valid power of attorney. An accounting of the assets, income and expenses shall be delivered by the resigned Trustee to the successor Trustee as soon thereafter as is reasonably practical. E. Removal of Trustee. The Trustor shall have full power and authority, at any time or times, to remove the Trustee hereunder and to appoint a successor Trustee, including any corporation or banking institution, and shall do so by delivering to the Trustee to be removed a written notice of such removal, a written appointment of the successor Trustee, and a written acceptance by the successor Trustee. Upon delivery of such instruments to the Trrstee, the Trustee shall, after deducting all charges and amounts due it as Trustee, and upon receipt of such proper indemnity as it may require, transfer and deliver the trust estate to the successor Trustee. Thereafter, said removed Trustee shall have no further powers, discretion, rights, obligations or duties with reference to the trust, and all such powers, discretion, rights, obligations or duties given the Trustee by this instrument shall inure to and be binding upon said successor Trustee. F. Deleqation of Power to Co-Trustee(s) and Other Aqent-. Any acting Co-Trustee may, from time to time, delegate to one or more of the remaining acting CoTrustees any powers, duties or discretion. Every such delegation shall be in writing, delivered to the delegate or delegates and shall remain in effect for the period of time specified in such written delegation or until earlier revocation in writing is delivered to such delegate ordelegates. The certification of any Trustee as to the name and authority of any Trustee acting by reason of delegation or otherwise shall be sufficient evidence and shall indemnify any person relying upon such certification. Additionally, a Trustor acting as a Trustee may, by the execution of.a Power of Attorney, delegate to a third party the power and authority to act for such Trustor in his or her capacity as a Trustee in any way in which said Trustee could act if personally present and able to act, subject to the provisions and any limitations set forth in such executed Power of Attorney. 4-21 G. Required Consent of Co-Trustees. Subject to the provisions of ARTICLE X F., whenever there are more than two (2) acting Co-Trustees, a majority of such Co-Trustees, whether individual or corporate, shall have the power to make any decision, undertake any action or execute any documents affecting the trusts created herein, and the dissenting Co. Trustee or Co- Trustees shall thereupon be released from all liability resulting from the decision of the majority. If there are two (2) acting Co-Trustees, they must act unanimously. If an individual Co. Trustee and a corporate Co-Trustee are acting, the decision of lhe individual Co-Trustee shall be binding. H. Vacancy in Trusteeship. In the event that all of the named TrUstees and successors shall die, resign, or be incapacitated, and in the event that the right to appoint or designate a successor Trustee is not exercised by the Trustor, as provided in ARTICLE X E. hereinabove, then, and in that event, the successor Trustee shall be chosen by a majority in interest of the then living beneficiaries, with a parent or guardian voting for each minor beneficiary. I. Forei_cln Assets. In the event that the trust shall own real property (hereinafter referred to as "Foreign Assets") in some state other than Pennsylvania and the Trustee hereunder shall be a corporate or individual Trustee not authorized to do business in that state, such corporate or individual Trustee shall select an individual ancillary Trustee located anywhere within the United States of America, providing such individual Trustee shall be legally able to act in such state, or a corporate ancillary Trustee located within the state of situs of such real property, and such ancillary Trustee shall be vested with, and only with, title to and management of each Foreign Asset, and such ancillary Trustee shall have the same rights and powers over the real property within such state as the regularly appointed Trustee under this trust would have had, had it been able to act as Trustee within that state. The ancillary Trustee stall pay over to the Trustee hereunder, at least annually, the net income attributable to such Foreign Assets. The Trustee selecting such ancillary Trustee shall be held harmless for any wrongdoing on the part of the ancillary Trustee which it shall select. No individual ancillary Trustee may be selected who would,. merely through selection as such ancillary Trustee, be subject to estate or inheritance tax on any trust assets upon his or her death. ARTICLE Xl. BOND No Trustee or successor Trustee named herein shall be required to furnish any bond or bonds for the performance of Trustee's duties hereunder. 4-22 ARTICLE XlI. GOVERNING LAW The validity of this trust with respect to real property shall be governed by the state of its situs. The validity of this trust with respect to personal property, and the construction, interpretation and administration of this trust with respect to all property, shall be governed by the laws of the Commonwealth of Pennsylvania in force from time to time. ARTICLE XlII. MERGER The trust created hereby shall not terminate or be held to have terminated upon any theory of merger based on the fact that the same persons are, by the terms of this instrument, made sole beneficiaries and Trustee of said trust; and said beneficiaries are expressly given the right and privilege to participate in the property and business and the p~)fits, dividends, earnings and increase thereof without regard to the relation as Trustee which such beneficiaries may bear to said trust. ARTICLE XlV. NO-CONTEST CLAUSE In the event that any beneficiary under this trust shall, singly or in conjunction with. any other person or persons, contest in any court the validity of this trust or of the Trustor's Last Will or shall seek to obtain an adjudication in any proceeding in any court that this tru,,t or any of its provisions, or that such Will or any of its provisions, is void, or seek otherwise to void, nullify, or set aside this trust or any of its provisions, then the right of that person to take any interest given to him by this trust shall be de~ermined.as it would have been determined had the person predeceaSed the execution of this Trust Agreement without issue. The Trustee is authorized to defend, at the expense of the trust estate, any contest or other attack of any nature on this trust or any of its provisions. ARTICLE XV. MISCELLANEOUS PROVISIONS APPLICABLE TO TRUST AGREEMENT A. Choice of Law. The internal laws (and not the law of conflicts) of the Commonwealth of Pennsylvania in force from time to time, shall govern the validity, construction, interpretation, and administration of this trust, except that all matters relating to real property shall be governed by the laws of the situs of that real property, including that state's conflict-of-law principles. 4-23 B. Distribution Required by Court. In the event that any court of competent jurisdiction shall make a final determination that some individual or institution other than a named beneficiary hereunder is, in fact, to be a recipient of a portion or all of this trust estate, the Trustee shall distribute to such court-determined beneficiary such sham as such court shall order, and the Trustee and attorney for the trust shall be absolved from any liability whatever for carrying out such order, and all beneficiaries herein shall be bound by such court order. Should any such court make such a determination after any assets are distributed hereunder, the individual or individuals receiving such assets shall return them to the Trustee for redistribution in accordance with the court order. C. Violation of Law. If the trust created hereunder shall violate any applicable rule against perpetuities, accumulations or any similar rule or law, the Trustee is hereby directed to terminate such trust on the date limited by such rule or law and, thereupon, the property heU in such trust shall be distributed to the persons then entitled to share in the income therefrom, in the proportions in which they are entitled to share the income, notwithstanding any provision of this trust to the contrary. D. Exercise of Power of Appointment in Violation of Law. No power of appointment granted hereunder shall be so exercised as to violate any such applicable rule or law, and attempted exercise of any such power which violates such rule or law shall be void, notwithstanding any provision of this trust to the contrary. E. Education. Whenever provision is made to pay fOr the education of a beneficiary, the term "education" shall include tuition for vocational school, college, and postgraduate study if, in the Trustee's discretion, it is pursued to advantage by the beneficiary, at an institution of the beneficiary's choice. Payment for "education" shall also include experses for books, supplies, and tutors. In determining payments to be made to the beneficiary for education, the Trustee shall consider the beneficiary's reasonable related living and traveling expenses. F. Notice to Trustee. Unless the Trustee has received actual written notice of the occurrence of an event affecting the beneficial interests of this trust, the Trustee shall not be liable to any beneficiary of this Trust for proceeding as though the event had not occurred. This clause shall not exculpate the Trustee from liability arising from nonpayment of death taxes or generation-skipping transfer taxes that may be payable by the trust on the occurrence of an event affecting the beneficial interests of this trust. G. Physical Division of Separate Trusts Not Require~. When property will be held as part of a separate trust, share, or part created under this trust instrument, the Trustee shall not be required to segregate physically or divide any such property unless the segregation or division may be required by the termination of the Trust. The Trustee shall, however, be required to keep separate accounts for the separate undivided interests. The Trustee may, in the Trustee's discretion, divide any trust created under this instrument into two (2) or more separate trusts that have the same terms. 4-24 H. Power to Distribute if Power of Appointment Not Exercise~ Except as otherwise specifically provided in this instrument, all provisions of this instrument regarding distribution of any trust shall be subject to the exercise of any power of appointment overthe trust given under this instrument. If, on the expiration of six (6) months after the death of any person holding a power of appointment given him or her in this instrument, no instrument purporting to exercise that power has been brought to the attention of the Trustee, any property may be distributed according to the *term of this instrument as if the power had not been exercised. If a document purporting to exercise the power shall be located later, the Trustee shall not be liable to the appointeesunder the exercise, and the rights of the appointees and the persons receiving property from the Trustee shall be governed by applicable law. Any power of appointment given in this instrument may be exercised by the beneficiary of the power even if (1) the assets constituting the trust over which the power is exercised have not been received by the Trustee on the date of the death of the beneficiary and (2) the beneficiary is a minor. I. Survivorship Provision. Unless the trust instrument provides otherwise, if any person named or described in the trust fails to survive any event by thirty (30) days, that person shall be considered to have predeceased that event. J. Disclaimers. Any beneficiary shall have the right to disclaim all or any part of any interest in property to which he or she may be entitled under this instrument. Except as otherwise provided in this instrument, any interest so disclaimed shall be distributed as if the beneficiary had predeceased the Trustor. No other interest of the beneficiary shall be affected by the disclaimer, unless that interest also shall be disclaimed. K. Consolidation of Trusts. The Trustee may, in the Trustee's discretion, administer the assets of any trust created under this trust instrument with the assets of any other trust or trusts otherwise created, without physically segregating the assets of the various trusts (exempt on termination of any of the trusts), as long as: 1. The Trustee determines that administration as a single trust will be consistent with the intent of the persons who established the trusts, including the intent with respect to the tax consequences of the trusts, and will facilitate trust administration without defeating or impairing beneficial interests; and · 2. The terms of the various trusts are substantially identical. The Trustee shall keep separate accounts for the separate undivided irterests. 4-25 L. Ri_qht of Representation. Distribution of property to or division of property among the issue of a person by "right of representation" means to divide the property into as many equal shares as there are living children of that person and deceased children of that person who leave then-living issue. Each living child of that person shall be allocated one share, and the share of each deceased child who leaves then-living issue shall be allocated in the same manner. M. Statutes, Codes and Requlation~ Except as otherwise specified, all references to specific statutes, codes, or regulations shall be to those provisions as amended from tine to time and to the corresponding provisions of any subsequent legislation of regulation. N. "Shall" and "May". All references in this instrument to the Word "shall" indicate a mandatory direction. All references to the word "may" indicate a permissive,.but not mandatory, grant of authority. O. Gender and Number. The masCuline includes the feminine and neuter, the feminine includes the masculine and neuter, the neuter includes the masculine and feminine, the singular includes the plural, and the plural includes the singular. P. Headinqs. The headings, titles and subtitles used herein are for the convenience of reference only and do not form a part hereof and in no way modify, interpret or construe the meanings of the provisions contained herein and shall not affect the construction hereof. 4-26 IN WITNESS WHEREOF, AUDREY E. BECHTEL, Trustor, and AUDREY E. BECHTEL, as Trustee, as evidence of acceptance of the responsibilities of Trustee hereunder, has signed this Trust Agreement. TRUSTOR: AUDREY E.. B~CHTEL TRUSTEE: AUDREY E. I~ECHTEL COMMONWEALTH OF PENNSYLVANIA ) ) SS, COUNTY OF ~ ) On ~-/5-'-;;to~o befOre me ~_ ~(~'~.~. _ ' .~- _ ___--__._---~---__ _ .... , ' ,~ ~ .. , personally appearea AUUI~EY E. BECHTEL, personally/r(n~wn to me (or,proved to me on ~e basis of satisfactory evidence) to be the person who~l~ame is subscribed to the within instrument, and acknowledged to me that she exeCuted the same in her authorized capacity, and that by her signature on the instrument the person or the entity upon behalf of which the person acted, executed the instrument. My Commission ~~ Expires: l~otary Public o, 4-27 JUL=27-02 State of Pennsylvania County of Montgomery 4 On thi~, the 27th day of March 2000 before me John Taglianetti, Notary Public, the undersigned officer, appeared Jason Augustine, Esq. aa officer of the Court and known to me to be a member of the bar of the highest court of said state, Supreme Court of Pennsylvania mad a subscribing witness to the within instrument, and certified that he personally prepared the Revocable Living Trust for Audrey E. Bechtel (AKA Audrey Bechtel, Audrey ti. Bechtel). And he hereby acknowledges that Audrey E Bechtel, Audrey H Bechtel and Audrey Bechtel are one and the same person and he was personally responsible for the production of the documents which were subscribed to by Audrey Bechtel; and that said person (Audrey Bechtel) acknowledged that they executed the same for the purposes therein contained. In Witness whereof, I hercuroc set my hand and offiei~seals Nlianz Life Insurance Company of Norlh America PO Box 59060 Minneapolis, MN 55459-0060 800/950-4036 May28,2002 Allianz The Audrey Bechtel Trust c/o Sandra Betley 3908 New Port Gap Pike Wilmington, DE 19808 Re: Audrey Bechtel, deceased Policy Number 21000277 Dear Trustee: We are sorry to hear of your recent loss. Please accept our sincere sympathies. Listed below are the options available to you as the named beneficiary: 1. Elect a Settlement Option. Annuitize the contract receiving the higher Annuitization Value of $140,657.85. For example, if Installments for a Guaranteed Period often Years were elected, you would receive a monthly payment of $1,335.02. These monthly payments when added over the course often years would provide a total payout of $160,202.40. Please refer to the contract regarding valid settlement options. 2. Elect the Guaranteed Benefit Aeeouat. Receive the lump sum Cash Value of $106~769.73 in an interest bearing account. See the enclosed question and answer sheet regarding this program. In accordance with IRS regulations, the policy must either be annuitized within one year from the date of death or cashed out within five years from the date of death. Based on state regulations, · the policy proceeds must be clahned within two to five years from the date of death o~ the proceeds may be paid to the appropriate state. Please complete and return the enclosed Annuity Claim Form to our home office along with one certified copy of the death certificate (must have raised state seal), and if available, a dated obituary. Refer to the Special Instructions Section for any specific requirements necessary to process your claim. Please give this matter your Prompt Attention and submit your claim form as soon as possible. Should you have any questions, please contact our claims depart,nent directly at 800-950-4036. Thank you, and again please accept our condolences. Sincerely, Vikki Carik Claims Examiner Allianz Administrative Management Nlianz Life InSUrance Company of North Amedca PO Box 59060 Minneapolis, MN 554590060 8(X)/950-4036 May 28, 2002 Allianz The Audrey Bechtel Trust c/o Sandra Betley 3908 New Port Gap Pike Wilmington, DE 19808 Re: Audrey Bechtel, deceased Policy Number 6450338 Dear Trustee: We are sorry to hear of your r~ent loss. Please accept our sincere sympathies. Listed below are the options available to you as the named beneficiary: I. Elect a Settlement Option. Annuitize the contract receiving the higher Annuitization Value of $172,029.31. For example, if Installments for a Guaranteed Period often Years were · elected, you would receive a monthly payment of $1,633.42. These monthly payments when added over the course of ten years would provide a total payout of $196,010.40. Please refer to the contract regarding valid settlement options. 2. Elect the Guaranteed Benefit Account. Receive the lump sum Cash Value of Si_37,983.87 in an interest bearing account. See the enclosed question and answer sheet regarding this program. In accordance with IRS regulations, the policy must either be annuitized within one year from the date of death or cashed out within five years from the date of death. Based on state regulations, the policy proceeds must be claimed within two to five years from the date of death or the proceeds may be paid to the appropriate state. Please complete and return the enclosed Annuity Claim Form to our home office along with one c~rtified copy of the death certificate. (must have raised state seal), and if available, a dated obituary. Refer to the Special InStructions Section for any specific requirements necessary to process your claim. Please give this matter your Prompt,4ttention and submit your claim form as soon as possible. Should you have any questions, please contact our claims department directly at 800-950-4036. Thank you, and again please accept our condolences. Sincerely, Vikki Carik Claims Examiner Allianz Administrative Management WHEF. LEB · WilLFENBEN · Certified Public Accountants 824 Market Street Suite ?~0 Wilmington, DE 7001 1940 0000'.4017 2921 U.S. pOC~TAGE First Class Mail REGISTER OF WILLS COURTHOUSE, ROOM 103 1 COURTHOUSE SQUARE CARLISLE, PA 17013-3587 tVHEELEB · WflLFE~HEN · I1W/tBES Certified Public Accountants 824 Market Street Suite 720 Wilmington, DE 19801 7001 1940 0000-4017 2921 First Class Mail REGISTER OF WILLS COURTHOUSE, ROOM 103 1 COURTHOUSE SQUARE CARLISLE, PA 17013-3387 COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OFINDIVlDUALTAXES DEPT. 280601 HARRISBURG, PA 17128-0601 RECEIVED FROM: PENNSYLVANIA INHERITANCE AND ESTATE TAX OFFICIAL RECEIPT NO. REV-1162 EX(11-96) CD 002111 BETLEY SANDRA BECHTEL 3908 NEWPORT GAP PIKE WILMINGTON, DE 19808 ........ fold ESTATE INFORMATION: SSN: 1 94-24-3653 FILE NUMBER: 2103-0065 DECEDENT NAME: BECHTEL AUDREY E DATE OF PAYMENT: 01/31/2003 POSTMARK DATE: 01/28/2003 COUNTY: CUMBERLAND DATE OF DEATH: 04/29/2002 ACN ASSESSMENT CONTROL NUMBER AMOUNT 101 $60,531.00 TOTAL AMOUNT PAID' $60,531.00 REMARKS: SANDRA LBACHTEL BETLEY SEAL CHECK//2333 INITIALS: CW RECEIVED BY: DONNA M. OTTO DEPUTY REGISTER OF WILLS REGISTER OF WILLS 05/02/2003 13:18 FAX 13022548244 ~Y- 2-05 FRI 12'24 PM WEST E~ID WW&D ~OO3 MACHINE S~OP FAX ~0. 13026585598 P, 2 CERTIT!CATION OF NOTICE UNDER RLff~E $.6(a) Adnfin. No, To the Register: I ccni[¥ ~hat notice of (b~neflcis! inletS) ~state sdmiaislraflon requital by RuI~ ~.6(a) of ~ O~hans' Court Rules was .~¢r,,~d o~ or maited to the, following beneficiaries of the above-captioned estate oil -.-~/~.--/~' -' ! / N ami Addrest Notic~ has now b~n given to ~1 p~ns enQfled ~e~eto under Rule 5.6(a) eX.pt__ ~ ]~ Date: G[ Te,e,,ho..r Capa~ixy: ~ Personal Representative ._~_Counsel for pe4~onal representative x Z \ ,,, BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX DIVISION DEPT. 280&O1 HARRISBURG, PA 17128-060] COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX SANDRA BECHTELBETLEY 5908 NEWPORT GAP PIKE WILMINGTON DE 19808 FILE NUMBER CQUNTY ACN REV-I~7 EX AFP C01-03) DATE 03-24-2005 ESTATE OF BECHTEL AUDREY E DATE OF DEATH 04-29-2002 21 03-0065 CUMBERLAND IOi Amount Remitted 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-1547 EX AFP C01-03) NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX ESTATE OF BECHTEL AUDREY E FILE NO. 21 03-0065 ACN I01 DATE 03-24-200~ TAX RETURN WAS: ¢ X) ACCEPTED AS FILED C ) CHANGED RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSF APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN I. Real Estate CScheduZe A) (1) 2. Stocks and Bonds CSchedule B) C2) $. Closely Held Stock/Partnership Interest CSchedule C) C$) 4. Mortgages/Notes Receivable CSchedule D) 5. Cash/Bank Deposits/Misc. Personal Property CSchedule E) 6. Jointly Owned Property CSchedule F) C6) 7. Transfers CSchedule G) C7) 8. Total Assets APPROVED DEDUCTIONS AND EXEMPTIONS: 9. Funeral Expenses/Adm. Costs/Misc. Expenses CSchedule H) C9) IO. Debts/Mortgage Liabilities/Liens CSchedule I) ClO) 11. Total Deductions 12. Net Value of Tax Return 349r090.00 .00 lrOO7r438.00 .00 .00 NOTE: To insure proper credit to your account, submit the upper port/on · 00 of this form with your tax payment. .00 10,523.00 13. 14. NOTE: 1,356,528.00 ASSESSMENT OF TAX: 15. Amount of Line 14 at Spousal rate CIS) 16. Amount of L/ne 14 taxable at Lineal/Class A rate C16) 17. Amount of L/ne 14 at Sibling rate C17), 18. Amount of Line 14 taxable at Collateral/Class B rate C18) 19. Principal Tax Due TAX CREDITS PAYMENT DATE 01-28-2003 RECEIPT NUMBER CD002111 DISCOUNT (+) INTEREST/PEN PAID (-) .00 · O0 x O0 = . O0 1,345,144.00 x 045= 60,531.00 · O0 x 12 = . O0 · O0 x 15 = . O0 cig)= 60,531.00 AMOUNT PAID 60,531.00 IF PAID AFTER DATE INDICATED, SEE REVERSE FOR CALCULATION OF ADDITIONAL INTEREST. TOTAL TAX CREDIT BALANCE OF TAX DUEJ INTEREST AND PEN. TOTAL DUE 60,531.00.00 .00 .00 C IF TOTAL DUE IS LESS THAN 41, NO PAYMENT IS REQUIRED. IF TOTAL DUE IS REFLECTED AS A "CREDIT" CCR}, YOU MAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.} reflect figures that include the total of ALL returns assessed to date. Charitable/Governmental Bequests; Non-elected 9115 Trusts CSchedule J) C13) . O0 Net Value of Estate Subject to Tax C14) 1,$45,144.00 If an assessment was lssued previously, lines 14, 15 and/or 16, 17, 18 and 19 w111 861.00 ti1) l].3R~.OO (~2) 1,345,144.00 RESERVATION: Estates of decedents dying on or before December 12, 1982 -- if any future interest in the estate is transferred in possession or enjoyment to Class B (collateral) beneficiaries of the decedent after the expirat/on 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 B (collateral) rate on any such future interest. PURPOSE OF NOTICE: PAYMENT: REFUND CCR): OBJECTIONS: ADMIN- ISTRATIVE CORRECTIONS: DISCOUNT: PENALTY: INTEREST: To fulfill the requirements of Section 2140 of the Inheritance and Estate Tax Act, Act 25 of 2000. (72 P.S. Section 9140). Detach the top portion of this Notice and submit with your payment to the Register of Nills printed on the reverse side. --Make check or money order payable to: REGISTER OF NILLS, AGENT A refund of a tax credit, which was not requested on the Tax Return, may be requested by completing an "Application for Refund of Pennsylvania Inheritance and Estate Tax" CREV-I$1$). Applications are available at the Office of the Register of Nills, any of the 25 Revenue District Offices, or by calling the special 24-hour answering service for forms ordering: 1-800-$62-2050; services for taxpayers with special hearing and / or speaking needs: 1-800-447-$020 (TT 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 ob§ect within sixty C&O) days of receipt of this Notice by: --written protest to the PA Department of Revenue, Board of Appeals, Dept. 281021, Harrisburg, PA 17128-1021, 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. 280601, Harrisburg, PA 17128-0601 Phone (717) 787-6505. See page 5 of the booklet "Instructions for Inheritance Tax Return for a Resident Decedent" CREV-1501) for an explanation of administratively correctable errors. If any tax due is paid within three CS) calendar months after the decedent's death, a five percent CSX) discount of the tax paid is allowed. The 15X tax amnesty non-participation penalty is computed on the total of the tax and interest assessed, and not paid before Januar~ 18, 1996, the first day after the end of the tax amnesty period. This non-participation penaIty 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. Interest is charged beginning with first day of delinquency, or nine C9) months and one (1) day from the date of death, to the date of payment. Taxes which became delinquent before Januar~ 1, 1982 bear interest at the rate of six C&X) percent per annum calculated at a daily rate of .000164. All taxes which became delinquent on and after January 1, 1982 will bear interest at a rate which will vary from calendar year to calendar year with that rate announced by the PA Department of Revenue. The applicable interest rates for 1982 through 2005 are: Interest Daily Interest Daily Interest Daily Year Rate Factor Y e a.~.r Rate Factor Yea.~r Rate Factor 1982 20X . 000548 1987 9X · O00247 1999 7~. . 000192 1983 l&Y, .000458 1988-1991 llX .000301 2000 BY. .000219 1984 llX .000501 1992 9X .000247 2001 9~, .000247 1985 13~, . 000356 1993-1994 7~. . 000192 2002 6Y. . O001&4 1986 10X .000274 1995-1998 9~. .000247 2005 5Y, .000137 --Interest is calculated as follows: INTEREST = BALANCE OF TAX UNPAID X NUNBBR OF DAYS DELINQUENT X DAILY INTEREST FACTOR --Any Notice issued after the tax becomes delinquent will reflect an interest calculation to fifteen C15) 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. BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX DZVTS/ON DEPT. 280601 HARRISBURG., PA 171Z8-0601 COHHONWEALTH OF PENNSYLVANIA DEPARTHENT OF REVENUE NOTICE OF DETERMINATION AND ASSESSHENT OF PENNSYLVANIA ESTATE TAX BASED ON FEDERAL ESTATE TAX RETURN $908 NEWPORT GAP PIKE WILNINGTON i,.~;~,,-i~ DE :].9808Uourt [,um,¢c: :~_,--o uo., PA DATE 02-16-2004 ESTATE OF BECHTEL DATE OF DEATH 04-29-2002 FILE NUHBER 21 03-0065 COUNTY CUHBERLAND ACN Z01 Amoun~ Rem/*~ed I REV-483 EX RFP (01-05) AUDREY E HAKE CHECK PAYABLE AND REHZT PAYHENT TO: REGISTER OF WILLS CUHBERLAND CO COURT HOUSE CARLISLE, PA 17013 NOTE: To insure proper credi~ ~o your account, submi~ ~he upper portion of ~chis for. wi~h your ~ax payment. CUT ALONG THIS LINE ~ RETAIN LONER PORTION FOR YOUR FILES ~ REV-483 EX AFP (01-03) ## NOTICE OF DETERHZNATION AND ASSESSHENT OF PENNSYLVANIA ESTATE TAX BASED ON FEDERAL ESTATE TAX RETURN ~ ESTATE OF BECHTEL AUDREY E FILE NO.Z1 03-0065 ACN 201 DATE 02-16-2004 ESTATE TAX DETERNZNATZON 1. Credit For State Death Taxes as Vet/lied 36z602.00 Pennsylvan/a Inheritance Tax Assessed (Excluding D/scount and/or Interest) 60~531.00 Inheritance Tax Assessed by Other States or Territories of the Un/ted States (Excluding DAscount and/or Interest) .00 4. TotaZ Inheritance Tax Assessed 5. Pennsylvania Estate Tax Due TAX CREDITS: PAYHENT DATE RECEIPT NUMBER ~ZF PAID AFTER THIS DATE, SEE REVERSE SIDE FOR CALCULATION OF ADDITIONAL INTEREST. DISCOUNT (+) INTEREST/PEN PAID (-) AMOUNT PAID TOTAL TAX CREDTT I .00 BALANCE OF TAX DUE J .00 INTEREST AND PEN. J .00 TOTAL DUE / .0 (IF TOTAL DUE IS LESS THAN $1, NO PAYHENT IS REI~UIRED IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR), YOU HAY BE DUE A REFUND. SEE REVERSE STDE OF THIS FORH FOR INSTRUCTIONS. 60~551.00 .00 PURPOSE OF NOTICE: PAYMENT: To fulfill the requirements of Section glqO (b) of the Inheritance and Estate Tax Act, Act Z$ of ZOO0. (7Z P.S. Section 91q0). Detach the top portion of this Notice and submit with your payment to the Register of WiIls printed on the reverse side. -- Make check or money order payable to: REGISTER OF HILLS) AGENT. REFUND (CR): A refund of a tax credit may be requested by completing an "Application for Refund of Pennsylvania Inheritance and Estate Tax" (REV-131S). Applications are available at the Office of the Register of Wills, any of the Z3 Revenue District Offices or from the Department's gq-hour answering service for fores ordering: 1-800-36Z-gOB0; services for taxpayers with special hearing and / or speaking needs: 1-800-qq7-30ZO (TT only). OBJECTIONS: Any party in interest not satisfied with the assessment of tax as shown on this notice may object within sixty (60) days of receipt of this Notice by: --written protest to the PA Department of Revenue, Board of Appeals, Oapt. gBlOgl, Harrisburg, PA 171ZB-lOZ1, --electing to have the setter determined et audit of the personal representative, OR --appeal to the Orphans' Court. ADMIN- ISTRATIVE CORRECTIONS: Factual errors discovered on this assmssment should be addressed in writing to: PA Department of Revenue, Bureau of Individual Taxes, ATTN: Post Assessment Review Unit, Dept. ZB0601, Harrisburg~ PA 171Z8-0601, Phone (717) 787-6S05. See page S of the booklet "Instructions for Inheritance Tax Return for a Resident Decedent" (REV-IS01) for an explanation of administratively correctable errors. OR PENALTY: INTEREST: The 15Z tax amnesty non-participation penalty is computed on the total of the tax and interest assessed, and not paid before January lB, 1996, the first day after tho 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. For dates of death on or after 10-3-91, Pennsylvania Estate Tax based on the Federal Estate Tax return becomes delinquent at the expiration of nine (09) months from the date of death. For dates of death prior to 10-3-91, Pennsylvania Estate Tax based on the Federal Estate Tax return becomes delinquent at the expiration of eighteen (18) months from the date of death. Taxes which became delinquent before January l, 19aZ bear interest at the rate of six (6X) percent per annum calculated at a daily rate of .O0016q. All taxes which became delinquent on or after January 1, 198Z will bear interest at a rate which will vary from calendar year to calendar year with that rate announced by the PA Department of Revenue. The applicable interest rates for 19BO through ZOO3 are: Interest Daily Interest Daily Interest Daily Year Rate Factor Year Rate ~actor Year Rate Factor 1982 lOX .OOOSq8 1987 92 .OOOZq7 1999 72 .O0019Z 1983 162 .000q38 1988-1991 llg .000301 ZOO0 8g .O00Z19 X98q 11~ .000301 1992 9X .000Z47 ZOO1 9X .O00Zq7 1985 13X .000356 1993-199q 7X .00019Z ZOOZ 6~ .O0016q 1986 lOZ .O00ZTq 1995-1998 9X .O00Zq7 gO03 SX .000137 --Interest is calculated as follows: INTEREST = BALANCE OF TAX UNPAID X NUHBER OF DAYS DELIN;tUENT X DAILY INTEREST FACTOR --Any Notice issued after the tax becomes delinquent will reflect an interest calculation to fiftean (1S) days beyond the date of the assessment. If payment is made after the interest computation date shown on the Notice, additional interest must bm calculated. BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX DIVISION DEPT. Z80601 HARRISBURG, PA 171Z8-0601 COMMON#EALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE NOTICE OF DETERMINATION AND ASSESSMENT OF PENNSYLVANIA ESTATE TAX BASED ON FEDERAL CLOSING LETTER O[ DATE ~¥iIIs ESTATE OF DATE OF DEATH FILE NUMBER SANDRA BECHTEL.'~)~TL~ 2.0 ~1'~ :21 :5908 NENPORT GAP PIKE NILMINGTON ~ ~,~-.DE 19808 ........ : ~,our~ Ctanbe; ~:r-~d Co., PA RE¥-?Si EX AFP (01-02) 02-2q-Z00q BECHTEL AUDREY E 0q-zg-z00z 21 05-0065 COUNTY CUMBERLAND ACN 202 Amoun~ Remi~ed MAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF MILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17015 NOTE: To insure proper credi~ ~o your account, submi~ ~he upper por~:ion of ~his for. wi~h your ~:ex payment:. CUT ALONG THIS L'rNE I~ RETAIN LONER PORTION FOR YOUR FILES ~ REV-736 EX AFP (01-02) ~# NOTICE OF DETERMINATION AND ASSESSMENT OF PENNSYLVANIA ESTATE TAX BASED ON FEDERAL CLOSING LETTER .. ESTATE OF BECHTEL AUDREY E FILE NO.g! 05-0065 ACN 202 DATE 02-2q-200q ESTATE TAX DETERHZNAT'rON 36,60Z.00 1. Credit For State Death Taxes as Verified Z. Pennsylvania Inheritance Tax Assessed (Excluding Discount and/or Interest) 60,551.00 .00 Inheritance Tax Assessed by Other States or Territories of the United States CExcZuding Discount and/or Interest) q. Total Inheritance Tax Assessed 5. Pennsylvania Estate Tax Due 6. Amount of Pennsylvania Estate Tax Previously Assessed Based on Federal Estate Tax Return TAX CREDITS: PAYMENT RECEIPT DISCOUNT ¢+) DATE NUMBER INTEREST/PEN PAID ¢-) AMOUNT PAID Additiona! Pennsylvania Estate Tax Due ~ZF PAID AFTER THIS DATEj SEE REVERSE SIDE FOR CALCULATION OF ADDITIONAL INTEREST. TOTAL TAX CREDIT BALANCE OF TAX DUE INTEREST AND PEN. TOTAL DUE {IF TOTAL DUE ZS LES: THAN $1j NO PAYMENT ZS REQUIRED ZF TOTAL DUE ZS REFLECTED AS A "CREDIT" (CA}, YOU MAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.} 60t551.00 .00 .00 .00 .0O .00 .00 .00 PURPOSE OF NOTICE: PAYMENT: To fulfill the requirements of Section 2140 of the Inheritance and Estate Tax Act, Act Z$ of Z000. (72 P.S. Section 9140). Detach the top portion of this Notice and submit aith your payment to the Register of #ills printed on the reverse side. -- Hake check or money order payable to: REGZSTER OF NZLLS, AGENT. REFUND (CR): A refund of a tax credit may be requested by completing an "Application for Refund of Pennsylvania Inheritance end Estate Tax" (REV-1313}. Applications are available at the Office of the Register cf Hills, any of the 23 Revenue District Offices or from the Department's Z4-hour answering service for forms ordering: 1-B00-362-Z0501 services for taxpayers with special hearing and/or speaking needs: 1-800-447-3020 (TT only). OBJECTIONS: Any party in interest not satisfied with the assessment of tax as shown on this notice may object within sixty (60) days of receipt of this Notice by: --written protest to the PA Department of Revenue, Board of Appeals, Dept. ZBIOZ1, Harrisburg, PA 1712B-1021, --electing to have the matter determined at audit of the personal representative, OR --appeal to the Orphans' Court ADMIN- ISTRATIVE CORRECTIONS: PENALTY: INTEREST: OR Factual errors discovered on this assessment should bo addressed in writing to: PA Department of Revenue, Bureau of Zndividua! Taxes, ATTN: Post Assessment Review Unit, Dept. 280602, Harrisburg, PA 17128-0601, Phone (717) 787-6505. See page 5 of the booklet 'Instructions for Inheritance Tax Return for a Resident Decedent" (RE¥-1501] for an explanation of administratively correctable errors. The 152 tax amnesty non-participation penalty is computed on the tote! 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 an this notice. Additional Pennsylvania Estate Tax assessed as a result of a change on the Federal Estate Tax closing letter becomes delinquent at the expiration of one (1) month from the date the final notice of the increase in Federal Estate Tax is received. Taxes which became delinquent before January 1, 1982 bear interest at the rate of six (62) percent par annum calculated at a daily rata of .000164. All taxes which became delinquent on or after January l, 1982 will bear interest at a rate which will vary from calendar year to calendar year with that rate announced by the PA Department of Revenue. The applicable interest rates for 1982 through 2002 are: Year Interest Rate Daily Interest Factor Yea.~r Interest Rate Daily Interest Factor 1982 ZOZ .000548 1992 9Z .000247 1985 16Z .000438 1993-1994 72 .O00XgZ 1984 112 .000301 1995-1998 92 .000247 1985 132 .000356 1999 72 .000192 1986 102 .000274 ZOO0 82 .000219 1987 9Z .000247 2001 92 .000247 1988-1991 I1Z .000301 ZOOZ 62 .000164 --Interest is calculated as follows: INTEREST = BALANCE OF TAX UNPAID X NUMBER OF DAYS DELTNQUENT 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 tha interest computation date shown on the Notice, additional interest must be calculated. Cumberland County - Register Of Wills One Courthouse Square Carlisle, PA 17013 Phone: (717) 240-6345 Date: 3/15/2005 BETLEY SANDRA BECHTEL 3908 NEWPORT GAP PIKE WILMINGTON, DE 19808 RE: Estate of BECHTEL AUDREY E File Number: 2003-00065 Dear Sir/Madam: It has come to my attention that you have not filed the Status Report by Personal Representative (Rule 6.12) 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 two (2) years of the decedent's death, shall file with the Register of Wills a Status Report of completed or uncompleted administration. This filing is due by: 4/29/2005 Your prompt attention to this matter will be appreciated. Thank You. Sincerely, ~~~ GLENDA FARNER STRASBAUGH REGISTER OF WILLS cc: File Counsel Judge ~ Estate of BECHTEL AUDREY E Late of LOWER ALLEN TOWNSHIP RECEIVED MAY 11 ZOOS~, ORPHANS' COURT DIVISION COURT OF COMMON PLEAS OF CUMBERLAND COUNTY PENNSYLVANIA Estate No.: 21-03-00065 Date: 5/10/2005 NO.: 21-03-00065 BETLEY SANDRA BECHTEL 3908 NEWPORT GAP PIKE WILMINGTON DE 19808 NOTICE OF FAILURE TO FILE STATUS REPORT AND REQUEST TO CONDUCT A HEARING PURSUANT TO RULE 6.12, SUPREME COURT ORPHANS I COURT RULE Personal Representative: BETLEY SANDRA BECHTEL Personal Representative Counsel: ** NO INFORMATION FOUND ** Date of Decedent's Death: 4/29/2002 Date of Delinquency Notice: 4/29/2005 The undersigned, Glenda Farner Strasbaugh, Clerk of Orhans' Court, in accordance with rule 6.12, Supreme Court Orphans' Court Rules, hereby notifies the Orphans' Court Division, Court of Common Pleas of Cumberland County, that neither the above named personal representative nor their counsel, have filed with the Register of Wills or Clerk of Orphans' Court, his/her Status Report required by Rule 6.12, Supreme Court Orphans' Court Rule, and that the requisite notice, pursuant to Rule 6.12, Supreme Court Orhans' Court Rules, was given by the Clerk of Orphans' Court on 3/03/2005 and that the ten (10) day notice to file the status report has expired. Accordingly, in accordance with Rule 6.12 the Court is hereby notified of such delinquency and the undersigned requests that a Court conduct a hearing to determine whether sanctions should be imposed upon the delinquent personal representative or their counsel. ~ ~~ cc: File Personal Representative Counsel Glenda Farner Strasbaugh Clerk of Orhans' Court A hearing is scheduled for June 17, 2005 at 9:30 AM in Courtroom No. 03. If the Status Report is filed prior to the hearing date, the hearing will automatically be cancelled. . ~.,; ,(to;,' hi ","&'~'i ,. ,-,' ,''''/' \\ .i GEORGE E HpFFER)' P. J~. vA