HomeMy WebLinkAbout02-0307Register of Wills of Cumberland County, Pennsylvania
PETITION FOR GRANT OF LETTERS
Estate of WILLIAM J. LEVINE
also known as
Late of Camp Hill Borou,qh, Cumberland County, PA , Deceased
No. 21-02-307
Social Security No. 132-05-9082
Petitioner(s), who is/are 18 years of age or older, apply(les) for:
(COMPLETE "A" OR "B" BELOW:)
A. Probate and Grant of Letters and aver that Petitioner(s) is/are the executrix named in the Last Will of the
Decedent, dated Au.qust 29, 1994 and codicil(s) dated N/A
State relevant circumstances, e.g., renunciation, death of executor, etc.
Except as follows, Decedent did not marry, was not divorced, and did not have a child born or adopted after execution of the documents offered for
probate; was not the victim of a killing and was never adjudicated incompetent:
[~ B. Grant of Letters of Administration
(c.ta., d.b.n.c.t.a.: pendente lite; durante absentia; durante minoritate)
Petitioner(s) after a proper search has/have ascertained that Decedent left no Will and was survived by the following spouse (if
any) and heirs:
Name Relationship Residence
(COMPLETE IN ALL CASES:) Attach additional sheets if necessary.
Decedent was domiciled at death in Cumberland County, Pennsylvania, with his last family or principal
residence at 3428 Loqan Street, Borou.qh of Camp Hill, Cumberland County, Pennsylvania 17011
(list street, number and municipality)
Decedent, then 81 years of age, died March 7, 2002, at 3428 Logan Street, Camp Hill, Cumberland County, PA 17011
(Location)
Decedent at death owned property with estimated values as follows:
(If domiciled in PA) All personal property ............................................... $ 1,500,000.00
(If not domiciled in PA) Personal property in Pennsylvania ............................. $
(If not domiciled in PA) Personal property in County .................................. $
Value of real estate in Pennsylvania ........................................................... $
Total ...................................................................... $ 1,500,000.00
Real Estate s tuated as fo ows: NONE
Wherefore, Petitioner(s) respectfully request(s) the probate of the last Will and Codicil(s) presented with this Petition and the grant of letters in the
appropriate form to the undersigned:
Signature
Typed or printed name and residence
Angelene A. Levine
3428 Logan Street, Camp Hill, PA 17011
Form RW-1 Page 1 of 2 (Dauphin County- Rev. 9/92)
Oath of Personal Representative
Commonwealth of Pennsylvania
County of Cumberland
The Petitioner(s) above-named swear(s) and affirm(s) that the statements in the foregoing Petition are true and
correct to the best of the knowledge and belief of Petitioner(s) and that, as personal representative(s) of the Decedent,
Petitioner(s) will well and truly administer the estate according to law.
Sworn to and affirmed and subscribed
v
before me this 26~:h day of
MARCH 2002.
DECREE Of REGISTER
Estate of William J. Levine
also known as
Social Security No: 132-05-9082
Deceased No. 21-02-307
Date of Death: March 7, 2002
AND NOW, NARC[-] 26 ,2002, in consideration of the Petition on the reverse side
hereon, satisfactory proof having been presented before me,
IT IS DECREED that Letters · Testamentary [] of Administration
are hereby granted to An.qelene A. Levine
(c.t.a.; d,b,n.c.t.; pendertte llte; durante absentia; durante rninoritate)
in the above estate and that the instrument(s), if any, dated August 29, 1994
described in the Petition be admitted to probate and filed of record as the last Will of Decedent.
FEES
Letters ........................... $ 865.00
Short Certificate(s) .......... $ 15.0o
Renunciation .................. $
Affidavit ( ) ................. $
Extra Pages ( ) ............ $ 45.00
Codicil ..........................$
JCP Fee ........................ $ 5.00
Inventory & Tax Forms... $
Other ............................$
TOTAL ................ $ 930.00
Form RW-1 Page 2 of 2 (Dauphin County - Rev 9/92)
Attorney: James A. Ulsh, Esquire
I.D. No: 10169
Address:
Telephone:
DATE FILED:
3401 North Front Street, P.O. Box 5950
Harrisburg, PA 17110-0950
717-232-5000
29O487
W__!LLI..AM J. LEVINE
I, WILLIAM J. LEVINE, of 3428 Logan Street, Camp Hill,
Pennsylvania, do make, publish and declare this to be my Last
Will and Testament, hereby revoking all Wills and Codicils by
me at any time made.
STEM I: I direct that all inheritance and
estate 'taxes becoming due by reason of my death, whether such
taxes may be payable by my estate or by any recipient of any
property, shall be paid by the Executor out of the property
psssing under ITEM VI of this Will, as an expense and cost of
administration of my estate. The Executor shall have no duty
or obligation to obtain reimbursement for any such tax so paid,
even though on proceeds of insurance or other property not
passing under this Will.
.!~M II.: i direct the Executor to pay the
expenses of my last illness and funeral expenses from 'the
property passing under this Will as an expense and cost of
administration of my estate.
STEM II~: If I survive my wife, ANGELENE A.
LEVINE, I give and devise my residential real estate located at
3428 Logan Street, Camp Hill, Pennsylvania, to THERESA
CENTURIONE if she survives me. If she fails to survive me,
this devise shall lapse and my said residence shall be sold and
Page 1
the net proceeds from the sale thereof shall be added to my
residuary estate to be distributed in accordance with ITEM VI
of this Will.
ITEM IV: If I predecease my wife, ANGELENE
A. LEVINE, I give and bequeath to her absolutely and in fee
simple all of my household furniture and furnishings, books,
pictures, jewelry, silverware, automobiles, wearing apparel and
all other articles of household or personal use or adornment
and all policies of insurance thereon. If I do not predecease
my said wife, I make the following gifts and bequests,
absolutely and in fee simple:
(a) All of my household furniture and furnishings,
books, silverware, and other articles of household use, and
all policies of insurance thereon to THERESA CENTURIONE;
(b) Ail Edna Hibel artwork, including collector's
plates, porcelain and lithographs to my wife's niece, CATHY
SLUGA, Orlando, Florida;
(c) All other porcelain and crystal items which I own
at the date of my death to my wife's niece, MARY ANN SLUGA;
(d) Ail Russian black lacquer boxes which I own at
the date of my death to my wife's niece, MARY ANN SLUGA;
(e) Ail other items of jewelry, wearing apparel, and
personal adornment, and all policies of insurance thereon
to my wife's nieces, CATHY SLUGA and MARY ANN SLUGA, to be
divided among them as they shall agree.
Page 2
ITEM V: If I survive my wife, ANGELENE A.
LEVINE, I give and bequeath our Silver French Poodle "Sami
Blue" to THERESA CENTURIONE together with the sum of TEN
THOUSAND ($10,000) DOLLARS to defray the cost of caring for the
animal and burial expenses including plot, casket, and marker
at Pineview Pet Cemetery, Camp Hill, Pennsylvania.
ITEM VI: I give, devise and bequeath all
the rest, residue and remainder of my estate, not disposed of
in the preceding portions of this Will, to my wife, ANGELENE A.
LEVINE, as Trustee (hereinafter referred to as "Trustee"), IN
TRUST NEVERTHELESS, to be further divided into two parts, each
of which shall be held in trust and constitute a separate Trust
Fund to be known as "Trust A" and "Trust B".
"Trust A": There shall be placed in
"Trust A" that sum equal to the largest amount that
can pass free of Federal estate tax under this Item by
reason of the unified credit and the state death tax
credit (provided that the use of this credit does not
require an increase in state death taxes) allowable to
my estate but no other credit and after taking account
of dispositions under other items of this Will and
property passing outside of this Will which do not
qualify for the marital or charitable deduction and
after taking account of charges to principal that are
not allowed as deductions in computing my Federal
estate tax. For purposes of establishing the sum to
be placed in "Trust A", the values finally fixed in
the Federal estate tax proceeding relating to my
estate shall be used. I recognize that such sum may
be zero (0), in which case no property shall pass
Page 3 ~
under "Trust A" and that said sum may be affected by
the action of the Executor in exercising certain tax
elections.
"Trust B": The balance of my residuary
estate not placed in "Trust A" shall be placed into
"Trust B" to be held, administered and distributed in
accordance with ITEM VIII of this Will.
ITEM VII:
apply to Trust "A":
The following provisions shall
(a) The Trustee shall pay to or for
the benefit of my wife, ANGELENE A. LEVINE, all of the net
income of this Trust in convenient installments not less
frequently than annually and so much of the principal of
this Trust as may be necessary in the sole discretion of
the Trustee for the proper support, maintenance and medical
care of my said wife.
(b) Upon the death of my said wife,
the then remaining principal of this Trust shall be
distributed as follows:
(1) The sum of Twenty-five Thousand ($25,000) Dollars
shall be paid to the Church of the Good Shepherd, Camp
Hill, Pennsylvania;
(2) The sum of Ten Thousand ($10,000) Dollars shall
be paid to the JAMES FORJAN ENDOWMENT FUND OF YORK
CATHOLIC HIGH SCHOOL:
Page
(3) A sum which in the sole discretion of my Trustee
shall be adequate to provide for perpetual care and
maintenance of the graves of my deceased parents shall
be distributed to the Perpetual Care Fund of Knollwood
Park Cemetery, 57-80 Cooper Avenue, Ridgewood, NY
11385-6095.
(4) The remaining balance of this Trust shall be
distributed as follows:
a. An amount equal to five (54) percent of the
remaining balance shall be paid to SUSAN ZIPF,
Bronxville, New York, if then living;
b. An amount equal to five (5%) percent of the
remaining balance shall be paid to MARIE MALESIC, if
then living;
c. The remaining balance shall be divided among
the following individuals if then living or if not
then living to their then living issue per stirpes:
THERESA CENTURIONE, JAMES FORJAN, MARY ANN SLUGA,
CATHY SLUGA, KARL ANTHONY SLUGA, and FRANK SLUGA.
ITEM VIII:
apply to "Trust B":
The following provisions shall
(a) Trustee shall have, hold, manage, invest and
reinvest the assets of this Trust, collect the income
and beginning at my death pay over the net income in
monthly installments to my wife, ANGELENE A. LEVINE,
during her lifetime.
The Trustee shall also, from
Page 5
time to time, pay to my said wife such amounts of
principal of this Trust as the Trustee deems necessary
for the proper support, maintenance and medical care
of my said wife.
(b) Upon the death of my said wife, the Trustee
shall pay all accrued income and all income
accumulated but undistributed to the estate of my
deceased wife and shall thereafter transfer the then
remaining principal of this Trust to "Trust A" to be
held, administered and distributed in accordance with
the provisions of ITEM VIII of this Will.
(c) If my wife should not survive me, then the
provisions of "Trust B" shall be void and the part of
my estate which would have constituted "Trust B" shall
be added to "Trust A" to be disposed of in accordance
with ITEM VIII of this Will.
(d) The Executor shall be authorized in the
Executor's sole, exclusive and unrestricted discretion
to determine whether to elect (under Section
2056(b)(7) of the Internal Revenue Code of 1986 as
amended, or any corresponding provision of the Federal
estate law), to qualify all, none or a fraction of
"Trust B" for the Federal estate tax marital
deduction. The decision of the Executor with respect
to the exercise of the election shall be final and
conclusive upon all persons whose interests in my
estate are directly or indirectly affected by the
election. Only property which is fully eligible for
the marital deduction under Federal estate tax law
Page 6 ~
shall be assigned to this Trust. Notwithstanding
anything to the contrary contained in this Will, the
Trustee of this Trust shall not retain beyond a
reasonable time any property which may at any time be
or become unproductive, nor shall Trustee invest in
unproductive property. Notwithstanding the provisions
of subparagraph (b) of this Item, the Trustee shall
pay to the Executor of my wife's estate, out of the
principal of this Trust upon the death of my wife, an
amount equal to the estate, inheritance, transfer,
succession and other death taxes ("death taxes"),
Federal, state and other, payable by reason of the
inclusion of the value of Trust property in my wife's
estate. Such payment shall be equal to the amount by
which (1) the total of such death taxes paid by my
wife's estate exceeds (2) the total of such death
taxes which would have been payable if the value of
the Trust property had not been included in my wife's
estate. The determination by my wife's Executor of
the amount payable hereunder shall be final. I direct
the Trustee to pay such amount promptly upon written
request of my wife's Executor. The final
determination of the amount due hereunder shall be
based upon the value as finally determined for Federal
estate tax purposes in my wife's estate. After
payment of the amount finally determined to be due
hereunder, the Trustee shall be discharged from any
further liability with respect to such payment. My
wife may waive her estate's right to payment under
this subparagraph by Will, executed after my death, in
which she specifically refers to the right to payment
hereunder given to her estate.
Page 7 ~/
ITEM IX: No part of the income or principal
of the property held under any Trust created by this Will shall
be subject to attachment, levy or seizure by any creditor,
spouse, assignee or trustee or receiver in bankruptcy of any
beneficiary prior to his or her actual receipt thereof. The
Trustee shall pay over the net income and the principal to the
parties herein designated, as their interests may appear,
without regard to any attempted anticipation, pledging or
assignment by any beneficiary under a Trust, and without regard
to any claim thereto or attempted levy, attachment, seizure or
other process against said beneficiary.
ITEM X: In the settlement of my estate and
during the continuance of the foregoing Trusts, the Executor
and the Trustee shall possess, among others, the following
powers:
(a) To retain any investments I may have at my
death, including specifically those consisting of
stock of any bank even if I have named such bank as
the Executor or Trustee herein, so long as the
Executor or Trustee may deem it advisable to my estate
so to do.
(b) To vary investments, when deemed desirable
by the Executor or Trustee, and to invest in such
bonds, stocks, notes, real estate mortgages or other
securities or in such other property, real or
personal, as they shall deem wise, without being
restricted to so-called "legal investments", and
without being limited by any statute or rule of law
regarding investments by fiduciaries.
Page 8 ~
(c) In order to effect a division of the
principal of a Trust or for any other purpose,
including any final distribution of a Trust, the
Executor or Trustee is authorized to make said
divisions or distributions of the personalty and
realty, partly or wholly in kind, and to allocate
specific assets among beneficiaries and Trusts created
hereunder so long as the total market value of any
share is not affected by such division, distribution
or allocation in kind. Should it appear desirable to
partition any real estate, the Executor or Trustee is
authorized to make, join in and consummate partitions
of lands, voluntarily or involuntarily, including
giving of mutual deeds, recognizances or other
obligations, with as wide powers as an individual
owner in fee simple.
(d) To sell either at public or private sale and
upon such terms and conditions as the Executor or
Trustee may deem advantageous to the estate or Trust,
any or all real or personal estate or interest therein
owned by the estate or Trust severally or in
conjunction with other persons or acquired after my
death by the Executor or Trustee, and to consummate
said sale or sales by sufficient deeds or other
instruments to the purchaser or purchasers, conveying
a fee simple title, free and clear of all trust and
without obligation or liability of the purchaser or
purchasers to see to the application of the purchase
money or to make inquiry into the validity of said
sale or sales; also, to make, execute, acknowledge and
deliver any and all deeds, assignments, options or
Page 9
other writings which may be necessary or desirable in
carrying out any of the powers conferred upon the
Executor or Trustee in this paragraph or elsewhere in
my Will.
(e) To mortgage real estate, and to make leases
of real estate.
(f) To borrow money from any party, including
the Executor or Trustee, to pay indebtedness of mine
or of my estate, expenses of administration or
inheritance, legacy, estate and other taxes, and to
assign and pledge assets of my estate therefor.
Provided, however, that this paragraph shall not
authorize borrowing from "Trust B".
(g) To pay all costs, taxes, expenses and
charges in connection with the administration of my
estate or a Trust. If any estate or inheritance taxes
are payable from assets received by the Trustee, such
taxes shall be paid from the assets constituting
"Trust A"
(h) To make distributions of income and of
principal to the proper beneficiaries thereof, during
the administration of my estate, with or without court
order, in such manner and in such amounts as my
Executor deems prudent and appropriate.
(i) To vote any shares of stock which form a
part of the estate or Trust, and otherwise to exercise
all the powers incident to the ownership of such stock.
Page 10 ~
(j) In the discretion of the Executor or
Trustee, to unite with other owners of similar
property in carrying out any plans for the
reorganization of any corporation or company whose
securities form a part of the estate.
(k) To disclaim any interest in property which
would devolve to me or my estate by whatever means,
including but not limited to the following means: as
beneficiary under a will, as an appointee under the
exercise of a power of appointment, as a person
entitled to take by intestacy, as a donee of an inter
vivos transfer, and as a donee under a third-party
beneficiary contract.
(1) To do all other acts in their judgment
deemed necessary or desirable for the proper and
advantageous management, investment and distribution
of the estate or Trust.
ITEM XI: Whenever and as often as any
beneficiary hereunder, to whom payments of income or principal
are herein directed to be made, shall be under legal
disability, or, in the sole judgment of the Trustee, shall
otherwise be unable to apply such payments to his own or her
own best interests and advantages, the Trustee may make all or
any portion of such payments in any one or more of the
following ways:
(a) Directly to such beneficiary;
Page 11
(b) To the Legal Guardian or Conservator of such
beneficiary;
(c) To a relative of such beneficiary, to be
expended by such relative for the benefit of such
beneficiary; or
(d) By itself expending same for the benefit of
said beneficiary.
Provided, however, that this power shall not apply to "Trust B".
ITEM XII: Any person, other than my wife,
who shall have died within thirty (30) days of my death, shall
be deemed to have predeceased me. If my wife and I die
simultaneously, or under such circumstances that the order of
our deaths cannot be established by proof, my wife shall be
deemed to have survived me.
ITEM XIII: If at any time any beneficiary
under the age of twenty-one (21) years shall be entitled to
receive any assets hereunder, my then acting Trustee shall
receive such assets as Custodian under the Pennsylvania Uniform
Transfers to Minors Act for that beneficiary. Such Custodian
may receive and administer all assets authorized by law, and
shall have full authority as provided in the Pennsylvania
Uniform Transfers to Minors Act to use such funds in the manner
it deems advisable for the best interests of such beneficiary.
In addition, said Custodian shall have all the rights and
privileges as to the Custodianship and its assets as are herein
'granted to the Executor as to my estate and the assets
therein. I also designate said Custodian as successor
Page 12 ~
Custodian of any property for which I am custodian under any
Uniform Gifts to Minors Act or Uniform Transfers to Minors Act.
ITEM XIV: I hereby nominate, constitute and
appoint my wife, ANGELENE A. LEVINE, to be my Executrix (herein
referred to as Executor). In the event of her death or her
inability or refusal to serve as Executrix, I nominate,
constitute and appoint THERESA CENTURIONE to serve in her stead
as Executrix. My wife, ANGELENE A. LEVINE, shall have the
power to nominate and appoint a successor Trustee (individual
or corporate) to serve upon her death or her inability or
refusal to serve as Trustee. In the event of the death or the
inability or refusal to serve of my wife, ANGENELE A. LEVINE,
prior to her appointment or nomination of a successor Trustee,
I nominate, constitute and appoint THERESA CENTURIONE to be the
successor Trustee. In the event of the death or inability or
refusal to serve of THERESA CENTURIONE, I nominate, constitute
and appoint my wife's cousin, 3AMES FOR3AN, to be the successor
Executor and Trustee. The Executor and Trustee are
specifically relieved of the duty or obligation of filing any
bond or other security.
IN WITNESS WHEREOF, I have set my hand and seal to
this, my Last Will and Testament, consisting of this and the
preceding twelve (12) pages, at the end of each page of which I
have also set my initials~for great, er security and better
identification .... this ~L~/¢ day of ~~ , 1994.
(SEAL)
We, the undersigned, hereby certify that the foregoing
Will was signed, sealed, published and declared by the above-
named Testator as and for his Last Will and Testament, in the
presence of us, who, at his request and in his presence and in
the presence of each other, have hereunto set our hands and
seals the day and year first above written, and we certify that
at the time of the execution thereof, the said Testator was of
sound and disposing mind and memory.
ACKNOWLEDGEMENT
COMMONWEALTLOFJ'PENNSYLVANIA )
) SS:
COUNTY 0F
)
I, WILLIAM J. LEVINE, Testator, whose name is signed
to the attached or foregoing instrument, having been duly
qualified according to law, do hereby acknowledge that I signed
and executed the instrument as my Last Will and Testament; that
I signed it willingly; and that I signed it as my free and
voluntary act for the purposes therein expressed.
WILLiAM 3/ ~VI'NE
(SEAL)
Sworn to and subscribed
befo~ me this ~g~
day
of
6~~z , 1994.
~Notary Public ~
My Commission Expires:
(SEAL)
_Ma~_ M. ~, N~ Pub~ I
Susquahan~a Twp., Dauphin Co~ly I
M~m~er, Pennsylvania Assodalion o~ Notaries
AFFIDA____VIT
COMMONWEALTH OF PENNSYLVANIA )
COUNTY OF )
SS:
and v _ _ ~_ , the Witnesses whose names are
signed to the attached or foregoing instrument, being duly
qualified according to law, do depose and say that we were
present and saw Testator, WILLIAM J. LEVINE, sign and execute
the instrument as his Last Will and Testament; that Testator
signed willingly and that he executed said Will as his free and
voluntary act for the purposes therein expressed; that each of
us in the hearing and sight of the Testator signed the Will as
Witnesses; and that to the best of our knowledge the Testator
was at that time eighteen (18) or more years of age, of sound
mind and under no constraint or undue influence.
Witness
~ " Witness
Sworn to and subscribed
before me this ~2~2~ day
of , 1994.
f Notary Pu~Yic
My Commission Expires:
(SEAL)
OF
WILLIAM J. LEVINE
'02 ~i~ 26
METTE, EVANS & WOODSIDE
ATTORNEYS AT LAW
HARRISBURG, PENNSYLVANIA 17108-0729
CERTIFICATION OF NOTICE UNDER RULE 5.6(a)
Name of Decedent: William J. Levine
Date of Death: March 7, 2002
Will No. Admin. No. 21'02-0307
To the Register:
I certify that notice 0festate administration required by Rule 5.6(a)~)fthe Orphans'
Court Rules was served on or mailed to the following beneficiaries of the a;°ove-captioned
estate on May ~ ~ 2002 ·
Name: Address:
Angelene A. Levine
3428 Logan Street, Camp Hill, PA 17011
Angelene A. Levine, Trustee for
William J. Levine Trusts A & B
3428 Logan Street, Csmp Hill, PA 17011
Church of the Good Shepherd
James For]an Endowment Fund
Of York Catholic High School
Perpetual Care Fund
Of Knollwood Park Cemetery
Susan Zipf
Marie Malesic
Theresa Centurione
James Fo~an
Mary Ann Sluga
Cathy Sluga Wolfrey
Karl Anthony Sluga
Frank Sluga
3435 Trindle Road, Camp Hill, PA 17011
601 Springettsbury Avenue, York, PA 17403
57-80 Cooper Avenue, Ridgewood, NY 11385-6095
3 Dusenberry Road, Bronxville, NY 10708
690 Woodview Street, Bressler, PA 17113
257 Winding Way, Csmp Hill, PA 17011
2376 Mardale Drive, York, PA 17403
4650 N. Washington Blvd., Apt. 828, Arlington, VA 22210
2102 Stone Cross Circle, Orlando, FL 32828
6377 Golfview Drive, Clarkston, MI 48346
754 Pavilion Drive, Fairfield, CA 94585
Notice has now been given to all persons entitled thereto under Rule 5.6(a) except:
None
Date: May q , 2002 ~~ignature
James A. Ulsiq, Esquire, I.D. #10169
Name
3401 North Front Street, P.O. Box 5950
Harrisburg, PA 17110-0950 Address
(717) 232-5000
Telephone
Capacity: __ Personal Representative
x Counsel for Personal
Representative
:293908_1 - 2 -
JUN-0S-02 14: 11 FROM:M£TTE EVANS WOODSIDE ID:717 236 1816 PAGE
P. D,~/z~
ANO~ FL DowL~rvc
M]C1L~L D.
P~Vz.~ J.
GA.eY J.
DAV~O A. FllrZSI24ONS
GU~ P. l~:Ngv~rr~o
'f'do~s F. SmoA
OF COUNS~.L
.h,x~S W. EVANS
June 5, 2002
Mary C. Lewis
Re~ ster of Wil] ~
C%,mberland County Courthouse
One Courthouse Square
Carlisle, PA 1';013
RE: Estate of Willlnm J. Levin
File No. 21-02-0307
11375.1
Dear Ms. Lewis:
Enclosed please find a cheek payable to "Register of Wills, Agent" in the
amount of $90,000, representing a prepayment of inheritance tax in the above-
referenced estate. Please send a receipt for this payment to the attention of Lisa J.
Knode in the enclosed envelope.
Thank you for your assistance.
/t~san D. Anderson
Enclosures
cc: Angelene A. Levin, Executrix
:297030 _l
JUN 85 2882 14:2~ 7172361816 PAGE.82
JANNEY MONTGOMERY SCOTT LLC
LEMOYNE, PA 17043-1109
DATE ACCOUNT NO, AMOUNT DESCRIPTION
06-05-02 5192-0374-1 **$90,000.00'* MONEY MARKET WITHDRAWAL FOR PAYMENT OF TAXES
LOA ON FILE
Janney Montgomery ScottL~
20 Erford Road
Suite 315
Lemoyne, PA 17043-1109
MARY C LEWIS
REGISTER OF WILLS
CUMBERLAND COUNTY COURTHOUSE
ONE COURTHOUSE SQUARE
CARLISLE PA 17013
h.lih,,lll,,,.,ih,lt,,,ll,,,ll,hh,,,hl,,i,lh,l,,,,ll
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
BUREAU OF INDIVIDUAL TAXES
DEPT. 280601
HARRISBURG, PA 17128-0601
RECEIVED FROM:
PENNSYLVANIA
INHERITANCE AND ESTATE TAX
OFFICIAL RECEIPT
NO.
CD
REV-1162 EX(11-96)
001263
METTE EVANS & WOODSIDE
P O BOX 5950
HARRISBURG, PA 17110-0950
........ fold
'ESTATE INFORMATION: SSN: 132-05-9082
FILE NUMBER: 2102-0307
DECEDENT NAME: LEVINE WILLIAM J
DATE OF PAYMENT: 06/06/2002
POSTMARK DATE: 06/05/2002
COUNTY: CUMBERLAND
DATE OF DEATH: 03/07/2002
ACN
ASSESSMENT
CONTROL
NUMBER
AMOUNT
101 $90,000.00
REMARKS:
TOTAL AMOUNT PAID:
METTE EVANS & WOODSIDE
$90,000.00
SEAL
CHECK# 00005280
INITIALS: DO
RECEIVED BY:
MARY C. LEWIS
REGISTER OF WILLS
REGISTER OF WILLS
HOWELL C. METTE
ROBERT MOORE
CHARLES B. ZWALLY
PETER J. RESSLER
LLOYD R. PERSUN
CRAIG A. STONE
JAMES A. ULSR
DANIEL L. SULLIV~
S?EVEN D. S~/I)ER
JEFFREy A. ERNICO
KATHRYN L. SIMPSON
P. DANIEL ALTLANO
A~OREW H. DOWLING
MICHAEL D. REED
PAULA J. LEICHT
GARY J. HElM
DAVID A. FITZSlMONS
GuY P. BENEVENTANO
T~OM~S F. SMIDA
JOHN F. YANINEK*
t
METTE, EVANS & WOODSIDE
A PROI~SSION~J~ CORPORATION
ATTOI~N~YS AT LAW
3401 NORTH PRONT STREET
P.O. BOX 5950
~BLrRGo PA 17110-0950
~ NO.
23-1985005
T~ ,~HON~ F~X
¢717) 239~5000 (717) 2351510
h~p://www, m®tt®.com
VICKY ANN TRIMMER
TIMOTHY A. HOY
KATHLEEN DOYLE YANINEK
JAMES M. STRONG
JENNIFER A. YANKANICH
RANDALL G. HURST*
MARK D. HIPP
OF COUNSEL
JAMES W. EVANS
*M~atYL~ B~
December 4, 2002
VIA CERTIFIED MAIL
RETURN RECEIPT REQUESTED
Mary C. Lewis
Register of Wills
Cumberland County Courthouse
1 Courthouse Square
Carlisle, PA 17013
RE: Estate of William J. Levine
File No. 21-02-0307
Dear Ms. Lewis:
11375.1
Enclosed please find the following documents:
1. The original and one (1) copy of an Inventory;
The original and one (1) copy of an Inheritance Tax Return, along with
a cover page of the return;
o
A copy of Form 706, United States Estate Tax Return, along with a
cover page of the return;
A check payable to "Register of Wills, Agent" in the amount of $936.71
in payment of the balance of inheritance tax owed;
A check payable to "Register of Wills" in the amount of $37.00 in
payment of your filing fees;
6. A self-addressed, postage envelope for return mail.
December 4, 2002
Page 2
Please file the Inventory, Inheritance Tax Return and United States Estate
Tax Return. Please return a date-stamped copy of the Inventory and cover pages of
the two tax returns, along with a receipt for the inheritance tax payment, to my
attention in the enclosed envelope.
Thank you for your assistance. Please do not hesitate to call with any
questions or concerns.
Enclosures
cc: Mrs. Angelene A. Levine (w/encs.)
Sincerely,
Lisa J. Kno~l~
Paralegal to James A. Ulsh, Esq.
:312231 1
7001 L~40 0002 5055 8621
REV-1500 EX + (6-00)
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
DEPT. 28O601
HARRISBURG, PA 17128-0601
I OFFICIAL USE ONLY
REV-1500 t ~7-,., ~.~
INHERITANCE TAX RETURN F~,E.u----~"~. ~
RESIDENT DECEDENT j21 2002 0307
/COUNTY CODE YEAR NUMBER
DECI=L)ENT'S NAME (LAST, FIRST. AND MIDDLE INITIAL)
SOCIAL SECURITY NUMBER
Levine, William J. 132-05-9082
DECE-
DENT DATE OF DEATH (MM-DD-YEAR) I DATE OF BIRTH (MM-DD-YEAR) THIS RETURN MUST BE FILED IN DUPLICATE
03/07/2002 I 10/02/1920 WITH THE REGISTER OF WILLS
(IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST, AND MIDDLE INITIAL) SOCIAL SECURITY NUMBER
Levine, Angelene A.
CHECK
APPRO-
PRIATE
BLOCKS
COR-
RE-
SPON
DENT
RECA-
PITULA-
TION
1. Odginal Return
4. Limited Estate
6. Decedent Died Testate
(Attach copy of Will)
9. Litigation Proceeds Received
2. Supplemental Return
4a. Future Interest Compromise
(date of death after 12-12-82)
7. Decedent Maintained a Living Trust
(Attach a copy of Trust)
10. Spousal Poverty Credit (date of death between
12-31-91 and 1-1-95)
3. Remainder Return
(date of death prior to 12-13-82)
5. Federal Estate Tax Return Required
8. Total Number of Safe Deposit Boxes
1 1. Election to tax under Sec. 9113(A)
(Attach Sch O)
NAME
James A. Ulsh, Esquire
FIRM NAME (If Applicable)
Metre, Evans & Woodside
TELEPHONE NUMBER
717-232-5000
COMPLETE MAILINGADDRESS
3401 North Front Street
P.O. Box 5950
Harrisburg, PA 17110-0950
1. Real Estate (Schedule A) (1)
2. Stocks and Bonds (Schedule B) (2)
3. Closely Held Corporation, Partnership or Sole-Proprietorship (3)
4. Mortgages & Notes Receivable (Schedule D) (4)
5. Cash, Bank Deposits & Miscellaneous Personal
Property (Schedule E) (5)
6. Jointly Owned Property (Schedule F)
~ Separate Billing Requested (6)
0.00
1,371,144.65
0.00
0.00
7. Inter-Vivos Transfers & Miscellaneous
Non-Probate Property (Schedule G or L)
80,424.84
0.00
(7) 21,778.62
OFFICIAL USE ONLY
8. Total Gross Assets (total Lines 1-7)
9. Funeral Expenses & Administrative Costs (Schedule H)(9)
10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I)(10) 0 · 0 0
11. Total Deductions (total Lines 9 & 10) (11)
12. Net Value of Estate (Line 8 minus Line 11) (12)
13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax (13)
has not been made (Schedule J)
14. Net Value Subject to Tax (Line 12 minus Line 13) (14)
(8) 1,473,348.11
44,744.37
44,744.37
1,428,603.74
384,162.38
TAX
COMPU-
TATION
SEE INSTRUCTIONS ON PAGE 2 FOR APPLICABLE RATES
1,044,441.36
15. Amount of Line 14 taxable at the spousal tax
rate, or transfers under Sec, 9116 (a){1.2) 406,617.67 x .00 (15) 0.00
16. Amount of Line 14 taxable at lineal rate 0 · 00 X .045 (16) 0. 00
17. Amount of Line 14 taxable at sibling rate 0. 00 X .12 (17) 0 · 00
18. Amount of Line 14 taxable at collataral rate 637,823.69 x .15 (18) 95,673.55
19. Tax Due (19) 95,673.55
20. ~ ICHECK ~ERE i~yoU A~ERE~ESTING A REF~D OF~N OVE~PAYM~ ]
q PA15001 NTF 29755 Copyright 2000 Greatland/Nelco LP- Forms Software Only
PA REV-1500 EX (6-00) Page 2
Decedent's Complete Address:
STRH- ~ ADDRESS
3428 Logan Street
CITY I STATE I ZIP
Camp Hill PA 17011
Tax Payments and Credits:
1. Tax Due (Page l Line19) (1) 95,673.55
2. Credits/Payments
A. Spousal Poverty Credit 0.00
B. Pdor Payments 90,000 o 00
C. Discount 4,736.84
0.00
0o00
Interest/Penalty if applicable
D. Interest
E. Penalty
Total Credits (A + B + C) (2)
Total Interest/Penalty (D + E) (3)
If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT.
Check box on Page I Line 20 to request a refund (4)
If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5)
A. Enter the interest on the tax due. (5A)
B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (5B)
Make Check Payable to: REGISTER OF WILLS, AGENT
94,736.84
0.00
936.71
0o00
936.71
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 trarlsferred; ....................................... ~ ~
b. retain the right to designate who shall use the property transferred or its income; .................
c. retain a reversionary interest; or ........................................................
d. receive the prom se for fe of ether payments, benefits or care? ..............................
2. If death occurred after December 12, 1982, did decedent transfer property within one year of death
without receiving adequate consideration? ................................................... ~ ~
3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death?
4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which
contains a beneficiary designation? ........................................................ ~ ~
IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES,
YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN.
Jnnde.r p.enaltie.s ,of.pe. dury I declare that I have examined this return, including accompanying schedules and statements and to the best of my
owieoge an(] oe,et, it is true, correct and complete. Declaration of preparer other than the personal representat ves based on information of
which preparer has any knowledge.
SIG,~J_ 2E_. O~F~_RSON RE)~DNSI~R FILING RETURN
ADDRE,~ -3428- L~g~n- S~re~
~/ Camp .1, PA 17011
/ ~z__//~k~)TE J
SIGNATURE OF PRE
ADDRESS
PA
,~NTATIVE
17110-0950
. TE
For dates of death on or after July 1, 1994 and before January 1, 1995, th e tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3%
[72 P.S. ~19116 (a)(1.1) (i)].
For dates of death on or after January 1, 1995, the tax rate is imposed on the net value of transfers to or for the use of the surviving spouse is 0% [72 P.S. § 9110 (a)(1.1)(ii)].
Th e statute does not exempt a transfer to a surviving spouse fro m tax, and the statutory requirements for disclosure of assets and filing a tax return are still applicable even if
the surviving spouse is the only beneficiary.
For dates of death on or after July 1, 2000:
The tax rate imposed on the net value of transfers from a deceased child twenty-one years of age or younger at death to or for the use of a natural parent, an adoptive parent,
or a stepparent of the ch lid is 0% [72 P.S. §9116(aX1.2)].
The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4.5%, except as noted in 72.P.S, § 9116(1.2) [72 P.S. § 9116(aX1)].
The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 12% [72 P.S. § 9116(a)(1.3)]. A sibling is defined, under Section 9102, as an individual
who has at least one parent in common with the decedent, whether by blood or adoption.
0 PA15002 NTF 29756 Copyright 2000 Greatland/Nelco LP- Forms Software Only
REV-1503 EX + (1-97)
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE B
STOCKS & BONDS
ESTATE OF
Levine, William J.
FILE NUMBER
21-2002-0307
All property jointly-owned with right of survivorship must be disclosed on Schedule F.
ITEM
NO.
1.
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
Abington PA Sch Dist Bond
CPN 4.85%; DUE 05/15/18
Allegheny Cty PA Bond
CPN 5.0%; DUE 10/01/08
Allegheny Cnty PA San Auth
BondCPN 6.0%; DUE 12/01/11
Allegheny PA Hosp Dev Bond
CPN 6.0%; DUE 10/01/04
Altoona PA Bond
CPN 4.625%; DUE 09/01/18
Berks Cry PA FGIC Bond
CPN 5.5%; DUE 11/15/05
Blairsville-Saltsburg Sch
Dist PA Bond
CPN 6.25%; DUE 05/15/07
Central Dauphin PA SD Bond
CPN 5.0%; DUE 12/01/08
Central Dauphin PA Sch Bond
CPN 4.2%; DUE 06/01/03
Central Dauphin PA Sch Dist
BondCPN 4.5%; DUE 12/01/12
Derry PA Area Sch Dist Bond
CPN 5.5%; DUE 02/01/21
Derry PA Area Sch Dist Bond
CPN 5.5%; DUE 02/01/14
Derry Twp PA San Swr Auth
BondCPN 6.25%; DUE 08/01/12
Derry Twp PA Sch Dist Bond
CPN 4.5%; DUE 11/15/02
Erie PA Wtr Auth Bond
CPN 7.15%; DUE 07/01/07
Gateway PA Sch Dist Bond
CPN 4.7%; DUE 07/15/05
General McLane School Dist
BondCPN 4.7%; DUE 10/15/12
Lancaster PA Area Swr Auth
BondCPN 6.0%; DUE 04/01/12
Lower Bucks Cnty PA Bond
CPN 6.2%; DUE 11/15/12
Lower Providence ~ Bond
CPN 6.1%; DUE 05/01/02
Methacton PA Sch Dist Bond
CPN 6.5%; DUE 04/01/07
DESCRIPTION
Total from continuation pages ....
TOTAL (Also enter on line 2. Recapitulation)
(If more space is needed, inser~ additional sheets of the same size)
0 PA15031 NTF 33300 Copyright 2000 Greatland/Nelco LP- Forms Software Only
VALUE AT DATE
OFDEATH
14,783.55
26,290.00
11,075.40
5,223.55
14,339.55
10,282.40
5,056.25
26,838.75
20,603.40
5,060.90
20,090.80
15,357.15
10,925.60
15,110.10
10,201.00
5,281.00
20,434.40
5,556.00
25,843.00
10,091.30
28,460.00
1,064,240.55
$ 1,371,144.65
Emtate oE: Levlne, ~illiam ~.
Item
Schedule B -- Stocks & Bonds
Description
Page 2
21-2002-0307
Value at
Date of Death
22 Montgomery Cnty PA Bond
CPN 5.375%; DUE 07/15/10
23 North Penn PA Sch Dist Bond
CPN 5.4%; DUE 03/01/13
24 PA Hsg Fin Agy 5.45% Bond
CPN 5.45%; DUE 10/01/17
25 PA Hsg Fin Agy Bond
CPN 5.3%; DUE 10/01/05
26 PA Intergovtl Coop Bond
CPN 5.0%; DUE 06/15/21
27 PA Intergovtl Coop Bond
CPN 5.05%; DUE 06/15/06
28 PA Intergvrmnt Coop Bond
CPN 6.7%; DUE 06/15/08
29 PA Intergvtl Coop Ath Bond
CPN 5.0%; DUE 06/15/06
30 PA St First Ser Bond
CPN 5.0%; DUE 03/01/07
31 PA St First Ser Bond
CPN 5.125%; DUE 03/15/07
32 PA St HEFA 5.35% Bond
CPN 5.35%; DUE 01/01/08
33 PA St HFA SFM Bond
CPN 5.9%; DUE 10/01/08
34 PA St Highr Edl Facs Bond
CPN 4.5%; DUE 07/15/21
35 PA St Indl Dev Auth Bond
CPN 5.5%; DUE 01/01/14
36 PA St Second Ser Bond
CPN 5.2%; DUE 06/15/04
37 PA St Second Series Bond
CPN 5.0%; DUE 10/15/06
38 PA St Third Ser Bond
CPN 4.5%; DUE 12/01/07
39 PA St Third Series B/E Bond
CPN 4.5%; DUE 12/01/10
40 PA St Tpk Cmmn Bond
CPN 5.25%; DUE 12/01/16
41 PA St Tpk Cmmn Bond
CPN 5.25%; DUE 12/01/14
42 PA St Univ Bond
CPN 5.5%; DUE 08/15/16
43 Penn Hills PA Ambac OID
BondCPN 5.875%; DUE
10,846.40
10,836.30
10,137.30
15,909.00
14,870.55
5,168.35
22,421.20
16,050.45
26,703.75
26,859.50
26,000.25
26,065.25
4,554.75
31,284.30
10,639.80
10,767.50
26,232.75
15,460.20
36,292.90
52,477.00
10,312.30
10,332.40
Page 3
Estate of: Levine, William J. 21-2002-0307
Item
Schedule B -- Stocks & Bonds
Description
Value at
Date of Death
12/Ol/15
44 Penn Intergvrnmntl Coop
BondCPN 5.15%; DUE 06/15/05
45 Penn Manor Sch Dist PA Bond
CPN 5.2%; DUE 06/01/16
46 Penn St CTFS Partn Bond
CPN 5.0%; DUE 07/01/15
47 Penn St Hghr Ed Bond
CPN 7.05%; DUE 10/10/16
48 Penn St Hi Ed Facs Ath Bond
CPN 4.9%; DUE 05/01/08
49 Penn-Trafford PA Sch Bond
CPN 5.9%; DUE 05/01/11
50 Pittsburgh PA Wtr & Swr
BondCPN 5.0%; DUE 09/01/19
51 Phil& PA Arpt Bond
CPN 5.2%; DUE 06/15/03
52 Phil& PA Auth for IDA Bond
CPN 4.4%; DUE 06/01/05
53 Phil& PA Auth for Indl Dev
BondCPN 5.0%; DUE 07/01/23
54 Phil& PA Gas Wks Bond
CPN 7.0%; DUE 05/15/20
55 Phil& PA Gas Wks Bond
CPN 6.5%; DUE 04/01/07
56 Phil& PA Sch Dist Bond
CPN 6.25%; DUE 09/01/05
57 Phil& PA Wtr a Wstwtr Bond
CPN 5.626%; DUE 06/15/08
58 Pine Richland PA Bond
CPN 5.5%; DUE 07/15/30
59 Pitts a Allegheny Co PA
BondCPN 5.0%; DUE 02/01/16
60 Pittsburgh PA Rfdg Ser Bond
CPN 4.5%; DUE 03/01/04
61 Pittsburgh PA Sch Dist Bond
CPN 4.3%; DUE 09/01/08
62 Pittsburgh PA was Auth Bond
CPN 5.0%; DUE 09/01/14
63 Pittsburgh PA Wtr a Swr
BondCPN 5.0%; DUE 09/01/17
64 Pittsburgh PA Wtr a Swr
BondCPN 4.7%; DUE 09/01/04
65 Pittsburgh PA Wtr & Swr
36,501.50
10,802.00
5,022.75
20,344.60
5,136.25
10,760.00
9,965.10
41,520.40
5,226.65
4,821.60
12,280.30
21,288.20
22,188.20
27,510.75
27,794.25
25,430.00
26,048.00
10,204.50
12,190.60
25,141.75
26,320.25
54,557.00
Page 4
Estate of: Levine, William J. 21-2002-0307
Item
Schedule B -- Stocks & Bonds
Description
Value at
Date of Death
BondCPN 5.6%; DUE 09/01/22
66 Reading PA Sch Auth Bond
CPN 6.5%; DUE 12/01/02
67 Ringgold PA Sch Dist Bond
CPN 6.2%; DUE 01/15/13
68 Scranton PA Bond
CPN 4.7%; DUE 04/01/10
69 Shaler PA Area Sch Dist
BondCPN 4.4%; DUE 10/01/09
70 Silver Spring Twp Bond
CPN 4.65%; DUE 05/01/16
71 Southeastern PA Trans Auth
BondCPN 5.0%; DUE 03/01/07
72 St Pub Sch Bldg Auth PA
BondCPN 4.35%; DUE 10/15/10
73 State Pub Sch Bldg Auth
BondCPN 5.0%; DUE 07/15/14
74 Tarentum Bor PA Bond
CPN 6.25%; DUE 09/01/18
75
Tredyffrin Twp PA Rfdg Bond
CPN 4.85%; DUE 11/15/05
76 Trinity ASD PA Wash Cnty
BondCPN 5.2%; DUE 11/01/12
77 Upper Allen ~ PA Bond
CPN 5.6%; DUE 04/01/11
78 Wayne Cnty PA Hsp & Hlth
BondCPN 6.25%; DUE 07/01/14
79 Wilkinsburg Penn PA Jt Wtr
Ath Bond
CPN 6.25%; DUE 08/15/07
80 York Cnty PA Hosp Auth Bond
CPN 10.0%; DUE 12/01/07
5,123.00
40,704.65
15,572.10
5,129.05
4,947.45
10,662.50
30,562.20
15,337.20
15,268.20
10,682.80
10,506.40
16,246.95
10,896.20
5,113.35
6,211.65
TOTAL. (Carry forward to main schedule) ...... 1,064,240.55
REV-1508 EX + (1-97)
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE E
CASH, BANK DEPOSITS, & MISC.
PERSONAL PROPERTY
ESTATE OF FILE NUMBER
Levlne, William J. 21-2002-030'7
Include proceeds of litigation & date proceeds were received by the estate. All prop. jointly-owned with right of survlvorshl
ITEM
NO.
DESCRIPTION
Janney Montgomery Scott Money Market
Account #5192-0425
TOTAL (Also enter on line 5, Recapitulation) $
must be disclosed on Sch. F.
VALUE AT
DATE OF DEATH
80,424.84
80,424.84
0 PA15081 NTF 333os
(If more space is needed, insert additional sheets of the same size)
Copyright 2000 Greatland/Nelco LP- Forms Software Only
REV-1510 EX + (1-97)
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE G
INTER-VIVOS TRANSFERS &
MISC. NON-PROBATE PROPERTY
ESTATE OF FILE NUMBER
Levine, Willia.m J. 21-2002-0307
This schedule must be completed and filed ~[ the answer to any of questions 1 through 4 on the reverse side of the REV-1500 COVER SHEET is yes.
DESCRIPTION OF PROPERTY % OF
INCLUDE NAME OF THE TRANSFEREE, THEIR
ITEM~ RELATIONSHIP TO DECD & DATE OF TRANSFER. DATE OF DEATH DECD'S EXCLUSION TAXABLE VALUE
NO. ATFACH COPY OF THE DEED FOR REAL ESTATE. VALUE OF ASSET INTEREST (IF APPLICABLE)
1. J~ey Montgomery Sco~ 21,77~.62 100.O0 0.OO 21,77~.62
Individual Retirement Account
~5192-0830; beneficiary is
decedent~ s spouse, Angelene A.
Levine
TOTAL (Also enter on line 7, Recapitulation) $ 21,778.62
(If more space is needed, insert additional sheets of the sam, size)
0 PA15101 NTF 33307 Copyright 2000 Greatland/Nelco LP- Forms Software Only
REV-1511 EX + (1-97)
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE H
FUNERAL EXPENSES &
ADMINISTRATIVE COSTS
ESTATE OF FILE NUMBER
Levine, William J. 21-2002-0307
Debts of decedent mu~ be reported on Schedule I.
ITEM
NO.
A.
1.
DESCRIPTION
FUNERAL EXPENSES:
Neill Funeral Home,
Camp Hill, PA
Inc.
ADMINISTRATIVE COSTS:
Pemonal Representative's Commissions
Name of Personal Representative(s)
Social Security Number(s)/EIN No. of Personal Representative(s)
Street Address
City State Zip
Year(s) Commission Paid:
AttomeyFees Name: Mette, Evans & Woodside
Family Exemption: (If decedent's address is not the same as claimant's, attach explanation)
Claimant
Street Address
City State Zip
Relationship of Claimant to Decedent
Probate Fees
Accountant's Fees
Tax Return Preparer's Fees
Cumberland Law Journal legal
Sentinel legal advertisement
advertisement
TOTAL (Also enter on line 9, Recapitulation)
AMOUNT
1,594.00
0.00
42,000.00
0.00
955.00
0.00
0.00
75.00
120.37
$ 44,744.37
0 PA15111 NTF 33308
(If more space is needed, insert additional sheets of the same size)
Copyright 2000 Greatland/Nelco LP- Forms Software Only
REV-1513 EX+ (9-00)
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE J
BENEFICIARIES
ESTATE OF FILE NUMBER
Levine, William J. 21-2002-0307
RELATIONSHIP TO DECEDENT AMOUNT OR SHARE
NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not Mst Tru~ee(s) OF ESTATE
NUMBER
I
1.
2
II
1.
TAXABLEDISTRIBUTIONS[includeoutdghtspousaldistributions, and
tran~emunderSec. 9116(a)(1.2)]
Levine, Angelene A.
3428 Logan Street
Camp Hill, PA 17011
William Levine Trust A
co Angelene A. Levine, Trustee
3428 Logan Street
~amp Hill, PA 17011
Spouse
Unified Credit Trust
406,617.67
637,823.69
ENTER DOLLAR AMTS. FOR DISTRIBS. SHOWN ABOVE ON LINES 15 THROUGH 18, AS APPROPRIATE, ON REV-1500 COVER SHEET
NON-TAXABLEDISTRIBUTIONS:
A. SPOUSALDISTRIBUTIONSUNDERSEC. 9113FOR WHICHANELECTIONTOTAXISNOTBEING MADE
William Levine Trust B
Marital Trust under Item VI
PA
B. CHARITABLEANDGOVERNMENTALDISTRIBUTIONS
1. James Forjan Endowment Fund of
York Catholic High School, York, PA
Charitable remainder interest in
William Levine Trust A under Item VI
2 Perpetual Care Fund of
Knollwood Park Cemetery
Charitable remainder interest in
William Levine Trust A under Item VI
3 Church of the Good Shepherd, Camp Hill,
TOTAL OF PART II -- ENTER TOTAL NON-TAXABLE DISTRIBS. ON LINE 13 OF REV-1500 COVER SHEET
339,162.38
10,000.00
10,000.00
25,000.00
384,162.38
(If more space is needed, insert additional sheets of the same size)
0 PA15131 NTF 33293 Copyright 2000 Greatland/Nelco LP- Forms Software Only
Estate of= Levine, William J.
Schedule J Part 2 -- Charitable and Governmental Distributions
Page 2
21-2002-0307
Item
Description
Charitable remainder interest in the
William Levine Trust A under Item VI
Amount or
Share of Estate
TOTAL. (Carry forward to main schedule) ...... 0.00
REV-1514 EX + (1-97)
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE K
LIFE ESTATE, ANNUITY
& TERM CERTAIN
(Check Box 4 on Rev-1500 Cover Sheet)
ESTATE OF FILE NUMBER
Levine, Willia.m J. 21-2002-0307
This schedule is to be used for ail single life, joint or successive life estate and term certain caiculations. For dates of death prior to 5-1-89,
actuariai factors for single life caiculations can be obtained from the Department of Revenue, Speciaity Tax Unit. Actuarial factors can be found
in IRS Publication 1457, Actuariai Vaiues, Alpha Volume for dates of death on or after 5-1-89.
Indicate the type of instrument which created the future interest below and attach a copy to the tax return.
Will Intervlvos Deed of Trust Other
NAME(S) OF NEAREST AGE AT TERM OF YEARS LIFE ESTATE IS
LIFE TENANT(S) DATE OF BIRTH DATE OF DEATH PAYABLE
Levine, Angelene A. 1 ! / 16/1923 78 ~ Life or N Term of Yeare
~ Life or ~ Term of Years
~ Life or N Term of Years
~-~ Life or N Term of Years
1. Vaiue of fund from which life estate is payable
$ 1,067,662.78
.36045
2. Actuariai factor per appropriate table
Interest table rate -- D 3 1/2% D 6%
3. Value of life estate (Line I multiplied by Line 2)
10% ~ Variable Rate
%
$ 38,~, 839.05
NAME(S) OF NEAREST AGE AT TERM OF YEARS
ANNUITANT(S) DATE OF BIRTH DATE OF DEATH ANNUITY IS PAYABLE
L--] Life or ~ Term of Years
~ Life or ~ Term of Years
~ Life or ~] Term of Years
~ Life or ~ Term of Years
1. Vaiue of fund from which annuity is payable
2. Check appropriate block below and enter corresponding (number)
Frequency of payout -- D Weekly (52) ~-] Bi-weekly (26) [-~ Monthly (12)
D Quarterly (4) D Semi-annually (2)[~ AnnuaJly (1)i-lEi Other ( )
3. Amount of payout per period
0
$
4. Aggregate annuai payment, Line 2 multiplied by Line 3
5. Annuity Factor (see instructions)
Interest table rate D 3 1/2% D 6% D 10%
D Variable Rate %
Adjustment Factor (see instructions)
Value of annuity -- If using 3 1/2%, 6%, 10%, or if variable rate and period payout is at end of period,
calculation is: Line 4 x Line 5 x Line 6 $
If using variable rate and period payout is at beginning of period, calculation is:
(Line 4 x Line 5 x Line 6) + Line 3 $
NOTE: The values of the funds which create the above future interests must be reported as part of the estate assets on Schedules A through G
of this tax return. The resulting life or annuity interest(s) should be reported at the appropriate tax rate on Lines 13, 15, 16 and 17.
0 PA15141 NTF 33311
(If more space is needed, insert additional sheets of the same size)
Copyright 2000 Greatland/Nelco LP - Forms Software Only
Annuity, Life Estate, and Remainder Factors
Transfer Date: 3/2002
§7520 Rate: 5.40%
Calculation Type: Life
Principal: $1,067,663
Lives: 1
Ages: 78
$1,050,000_
$1,000,000_
$950,000_
$900,000..
$850,000..
$800,000_
$750,000.
$700,000.
$650,000.
$600,000.
$550,000~
$500,000.
$450,000.
$400,000_
$350,000-
$300,000.
$250,000~
$200,000_
$150,000_
$100,000_
$50,000_
$0 ]
Life Estate Remainder
Factor: 0.36045 0.63955
Value: $384,839.05 $682,823.73
Life Estate and Remainder
PrinCipal Life Estate Rerr~inder
REV-1649 EX + (1-97)
COMMONWEALTH OF
PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE O
ELECTION UNDER SEC. 9113(A)
(SPOUSAL DISTRIBUTIONS)
ESTATE OF FILE NUMBER
Levine, ~ill£am J. 21-2002-0307
Do not complete this schedule unless estate Is making election to tax assets under Section 9113(A) of Inheritance & Estate Tax Act.
If the election applies to more than one trust or similar arrangement, a separate form must be filed for each trust.
This election applies to the Trust(marital. residual A. B, By-pass, Unified Credit, etc.).
If a trust or similar arrangement meets the requirements of Section 9113(A), and:
a. The trust or similar arrangement is listed on Schedule O, and
b. The value of the trust or similar arrangement is entered in whole or in part as an asset on Schedule O,
then the transferor's personal representative may specifically identify the trust (all or a fractional portion or pementage) to be included in the
election to have such trust or similar property treated as a taxable transfer in this estate. If less than the entire value of the trust or similar property
is included as a taxable transfer on Schedule O, the personal representative shall be considered to have made the election only as to a fraction of
the trust or similar arrangement. The numerator of this fraction is equal to the amount of the trust or similar arrangement included as a taxable
asset on Schedule O. The denominator is equal to the total value of the trust or similar arrangement.
PART A: Enter the description and value of all interests, both taxable and non-taxable, regardless of location, which pass to the decedent's
surviving spouse under a Section 9113 (A) trust or similar arrangement.
1 William Levine Trust BDESCRIPTION
2 William Levine Trust A
VALUE 339,162.34
1,067,662.78
Part A Total $ 1,406,825.12
PART B: Enter the description and value of all interests included in Part A for which the Section 9113 (A) election to tax is being made.
1 William Levine Trust ADESCRIPTION VAL~E, 067,662.78
Part B Total $ 1,067,662.78
(If more space is needed, insert additional sheets of the same size)
0 PA16491 NTF 33310 Copyright 2000 Greatland/Nelco LP- Forms Software Only
ESTATE OF WILLIAM J. LEVINE
CALCULATION OF
THE WILLIAM J. LEVINE RESIDUARY TRUST
The trusts under Item VI of the Last Will and Testament of William J. Levine is to be
funded with the residue of his estate.
Basis of Calculation
All references are to the Federal Estate Tax Schedules
Gross Estate
Less Property Passing to
Spouse:
Schedule D, Item 1
Schedule E to Spouse
Schedule G, Item 1
Less Deductible Charges:
Schedule J
Remaining Balance of Gross
Estate
Less Pennsylvania Inheritance
Tax:
Net to Distribute
$ (95,673.55)
$ 1,586,935.30
$ (44,744.37)
$ 1,406,825.12
$ 1,311,151.57
$ (15,ooo.oo)
$ (98,587.19)
$ (21,778.62)
Calculation of
Wimam Levine Trust A, Unified Credit Trust
William Levine Trust B, Marital Trust
Trust A, Unified Credit Trust -
Initial Calculation
Maximum amount sheltered by
applicable credit:
Less: Taxable Gifts:
Subtotal:
Plus State Death Tax Shelter
Amount:
Less Pennsylvania Inheritance
Tax:
The William Levine Trust A,
Unified Credit
Balance: The William Levine
Trust B, Marital Trust
$
$
1,000,000.00
0.00
1,000,000.00
67,662.78
(95,673.55)
971,989.23
339,162.34
wimam J. Levine Estate
Supporting Schedule
Pennsylvania Inheritance Tax Return
Allocation of Assets to Beneficiaries of Estate
Total Gross Assets
Less: Schedule H
Net Value of Estate for
Pennsylvania Inheritance
Tax Purposes
Schedule G to Angelene A.
Levine
Net to divide in trusts
Gross Value - William
Levine Trust A
William Levine Trust B
$
$
$
$
$
1,473,348.11
(44,744.37)
1,428,603.74
(21,778.62)
1,406,825.12
1,067,662.78
339,162.34
Pennsylvania Inheritance Tax Return
Calculation of
The William Levine Trust A, Unified Credit Trust
The William Levine Trust B~ Marital Trust
Residuary Trust - Initial
Calculation
Maximum amount sheltered by
applicable credit:
Less: Taxable Gifts:
Subtotal:
Plus State Death Tax Shelter
Amount:
For Pennsylvania Inheritance
Tax Purposes: The William
Levine Trust A
Balance: The William Levine
Trust B
$
$
1,000,000.00
0.00
1,000,000.00
67,662.78
$
$
1,067,662.78
1,067,662.78
339,162.34
:311947 1
WILLIB~ J. LEVINE
I, WILLIAM J. LEVINE, of 3428 Logan Street, Camp Hill,
Pennsylvania, do make, publish and declare this to be my Last
Will and Testament, hereby revoking all Wills and Codicils by
me at any time made.
ITEM I: I direct that all inheritance and
estate 'taxes becoming due by reason of my death, whether such
taxes may be payable by my estate or by any recipient of any
property? shall be paid by the Executor out of the property
pass~.ng under ITEM VI of this Will, as an expense and cost of
administration of my estate. The Executor shall have no duty
or obligation to obtain reimbursement for any such tax so paid,
even though on proceeds of insurance or other property not
passe, rig under this Will.
ITEM II: i direct the Executor to pay the
expenses of my last illness and funeral expenses from 'the
property passing under this Will as an expense and cost of
administration of my estate.
ITEM III: If I survive my wife, ANGELENE A.
LEVINE, I give and devise my residential real estate located at
3428 Logan Street, Camp Hill, Pennsylvania, to THERESA
CENTURIONE if she survives me. If she fails ~:.o survive me,
this devise shall lapse and my said residence shall be sold and
Page 1 ~}
the net proceeds from the sale thereof shall be added to my
residuary estate to be distributed in accordance with ITEM VI
of this Will.
ITEM IV: If I predecease my wife, ANGELENE
A. LEVINE, I give and bequeath to her absolutely and in fee
simple all of my household furniture and furnishings, books,
pictures, jewelry, silverware, automobiles, wearing apparel and
all other articles of household or personal use or adornment
and all policies of insurance thereon. If I do not predecease
my said wife, I make the following gifts and bequests,
absolutely and in fee simple:
(a) Ail of my household furniture and furnishings,
books, silverware, and other articles of household use, and
all policies of insurance thereon to THERESA CENTURIONE;
(b) Ail Edna Hibel artwork, including collector's
plates, porcelain and lithographs to my wife's niece, CATHY
SLUGA, Orlando, Florida;
(c) Ail other porcelain and crystal items which I own
at the date of my death to my wife's niece, MARY ANN SLUGA;
(d) Ail Russian black lacquer boxes which I own at
the date of my death to my wife's niece, MARY ANN SLUGA;
<e) Ail other items of jewelry, wearing apparel, and
personal adornment, and all policies of insurance thereon
to my wife's nieces, CATHY SLUGA and MARY ANN SLUGA, to be
divided among them as they shall agree.
Page 2
ITEM V: If I survive my wife, ANGELENE A.
LEVINE, I give and bequeath our Silver French Poodle "Sami
Blue" to THERESA CENTURIONE together with the sum of TEN
THOUSAND ($10,000) DOLLARS to defray the cost of caring for the
animal and burial expenses including plot, casket, and marker
at Pineview Pet Cemetery, Camp Hill, Pennsylvania.
ITEM VI: I give, devise and bequeath all
the rest, residue and remainder of my estate, not disposed of
in the preceding portions of this Will, to my wife, ANGELENE A.
LEVINE, as Trustee (hereinafter referred to as "Trustee"), IN
TRUST NEVERTHELESS, to be further divided into two parts, each
of which shall be held in trust and constitute a separate Trust
Fund to be knownas "Trust A" and "Trust B"
"Trust A": There shall be placed in
"Trust A" that sum equal to the largest amount that
can pass free of Federal estate tax under this Item by
reason of the unified credit and the state death tax
credit (provided that the use of this credit does not
require an increase in state death taxes) allowable to
my estate but no other credit and after taking account
of dispositions under other items of this Will and
property passing outside of this Will which do not
qualify for the marital or charitable deduction and
after taking account of charges to principal that are
not allowed as deductions in computing my Federal
estate tax. For purposes of establishing the sum to
be placed in "Trust A", the values finally fixed in
the Federal estate tax proceeding relating to my
estate shall be used. I recognize that such sum may
be zero (0), in which case no property shall pass
Page 3 /~.~?}~.
under "Trust A" and that said sum may be affected by
the action of the Executor in exercising certain tax
elections.
"Trust B": The balance of my residuary
estate not placed in "Trust A" shall be placed into
"Trust B" to be held, administered and distributed in
accordance with ITEM VIII of this Will.
ITEM VII:
apply to Trust "A":
The following provisions shall
(a) The Trustee shall pay to or for
the benefit of my wife, ANGELENE A. LEVINE, all of the net
income of this Trust in convenient installments not less
frequently than annually and so much of the principal of
this Trust as may be necessary in the sole discretion of
the Trustee for the proper support, maintenance and medical
care of my said wife.
(b) Upon the death of my said wife,
the then remaining principal of this Trust shall be
distributed as follows:
(1) The sum of Twenty-five Thousand ($25,000) Dollars
shall be paid to the Church of the Good Shepherd, Camp
Hill, Pennsylvania;
(2) The sum of Ten Thousand ($10,000) Dollars shall
be paid to the JAMES FORJAN ENDOWMENT FUND OF Y0~(
CATHOLIC HIGH SCHOOL:
Page 4
<3> A sum which in the sole discretion of my Trustee
shall be adequate to provide for perpetual care and
maintenance of the graves of my deceased parents shall
be distributed to the Perpetual Care Fund of Knollwood
Park Cemetery, 57-80 Cooper Avenue, Ridgewood, NY
11385-6095.
(4) The remaining balance of this Trust shall be
distributed as follows:
a. An amount equal to five (5%) percent of the
remaining balance shall be paid to SUSAN ZIPF,
Bronxville, New York; if then living;
b. An amount equal to five (5%) percent of the
remaining balance shall be paid to MARIE MALESIC, if
then living;
c. The remaining balance shall be divided among
the following individuals if then living or if not
then living to their then living issue per stirpes:
THERESA CENTURIONE, 3AMES FORJAN, MARY ANN SLUGA,
CATHY SLUGA, KARL ANTHONY SLUGA, and FRANK SLUGA.
ITEM VIII:
apply to "Trust B":
The following provisions shall
(a) Trustee shall have, hold, manage, invest and
reinvest the assets of this Trust, collect the income
and beginning at my death pay over the net income in
monthly installments to my wife, ANGELENE A. LEVINE,
during her lifetime.
The Trustee shall also, from
Page 5
time to time, pay to my said wife such amounts of
principal of this Trust as the Trustee deems necessary
for the proper support, maintenance and medical care
of my said wife.
Cb> Upon the death of my said wife, the Trustee
shall pay all accrued income and all income
accumulated but undistributed to the estate of my
deceased wife and shall thereafter transfer the then
remaininE principal of this Trust to "Trust A" to be
held, administered and distributed in accordance with
the provisions of ITEM VIII of this Will.
Cc> If my wife should not survive me, then the
provisions of "Trust B" shall be void and the part of
my estate which would have constituted "Trust B" shall
be added to "Trust A" to be disposed of in accordance
with ITEM VIII of this Will.
Cd> The Executor shall be authorized in the
Executor's sole, exclusive and unrestricted discretion
to determine whether to elect Cunder Section
2056Cb>C7> of the Internal Revenue Code of 1986 as
amended, or any corresponding provision of the Federal
estate law>, to qualify all, none or a fraction of
"Trust B" for the Federal estate tax marital
deduction. The decision of the Executor with respect
to the exercise of the election shall be final and
conclusive upon all persons whose interests in my
estate are directly or indirectly affected by the
election. Only property which is fully eligible for
the marital deduction under Federal estate tax law
Page 6
shall be assigned to this Trust. Notwithstanding
anything to the contrary contained in this Will, the
Trustee of this Trust shall not retain beyond a
reasonable time any property which may at any time be
or become unproductive, nor shall Trustee invest in
unproductive property. Notwithstanding the provisions
of subparagraph (b) of this Item, the Trustee shall
pay to the Executor of my wife's estate, out of the
principal of this Trust upon the death of my wife, an
amount equal to the estate, inheritance, transfer,
succession and other death taxes ("death taxes"),
Federal, state and other, payable by reason of the
inclusion of the value of Trust property in my wife's
estate. Such payment shall be equal to the amount by
which (1) the total of such death taxes paid by my
wife's estate exceeds (2) the total of such death
taxes which would have been payable if the value of
the Trust property had not been included in my wife's
estate. The determination by my wife's Executor of
the amount payable hereunder shall be final. I direct
the Trustee to pay such amount promptly upon written
request of my wife's Executor. The final
determination of the amount due hereunder shall be
based upon the value as finally determined for Federal
estate tax purposes in.my wife's estate. After
payment of the amount finally determined to be due
hereunder, the Trustee shall be discharged from any
further liability with respect to such payment. My
wife may waive her estate's right to payment under
this subparagraph by Will, executed after my death, in
which she specifically refers to the right to payment
hereunder given to her estate.
Page 7 _~,/
ITEM IX: No part of the income or principal
of the property held under any Trust created by this Will shall
be subject to attachment, levy or seizure by any creditor,
spouse, assignee or trustee or receiver in bankruptcy of any
beneficiary prior to his or her actual receipt thereof. The
Trustee shall pay over the net income and the principal to the
parties herein designated, as their interests may appear,
without regard to any attempted anticipation, pledging or
assignment by any beneficiary under a Trust, and without regard
to any claim thereto or attempted levy, attachment, seizure or
other process against said beneficiary.
ITEM X: In the settlement of my estate and
during the continuance of the foregoing Trusts, the Executor
and the Trustee shall possess, among others, the following
powers:
(a) To retain any investments I may have at my
'death, including specifically those consisting of
stock of any bank even if I have named such bank as
the Executor or Trustee herein, so long as the
Executor or Trustee may deem it advisable to my estate
so to do.
(b) To vary investments, when deemed desirable
by the Executor or Trustee, and to invest in such
bonds, stocks, notes, real estate mortgages or other
securities or in such other property, real or
personal, as they shall deem wise, without being
restricted to so-called "legal investments", and
without being limited by any statute or rule of law
regarding investments by fiduciaries.
P ag e 8 ~!~-
(c) In order to effect a division of the
principal of a Trust or for any other purpose,
including any final distribution of a Trust, the
Executor or Trustee is authorized to make said
divisions or distributions of the personalty and
realty, partly or wholly in kind, and to allocate
specific assets among beneficiaries and Trusts created
hereunder so long as the total market value of any
share is not affected by such division, distribution
or allocation in kind. Should it appear desirable to
partition any real estate, the Executor or Trustee is
authorized to make, join in and consummate partitions
of lands, voluntarily or involuntarily, including
giving of mutual deeds, recognizances or other
obligations, with as wide powers as an individual
owner in fee simple.
(d) To sell either at public or private sale and
upon such terms and conditions as the Executor or
Trustee may deem advantageous to the estate or Trust,
any or all real or personal estate or interest therein
owned by the estate or Trust severally or in
conjunction with other persons or acquired after my
death by the Executor' or Trustee, and to consummate
said sale or sales by sufficient deeds or other
instruments to the purchaser or purchasers, conveying
a fee simple title, free and clear of all trust and
without obligation or liability of the purchaser or
purchasers to see to the application of the purchase
money or to make inquiry into the validity of said
sale or sales; also, to make, execute, acknowledge and
deliver any and all deeds, assignments, options or
Page 9
other writings which may be necessary or desirable in
carrying out any of the powers conferred upon the
Executor or Trustee in this paragraph or elsewhere in
my Will.
(e) To mortgage real estate, and to make leases
of real estate.
(f) To borrow money from any party, including
the Executor or Trustee, to pay indebtedness of mine
or of my estate, expenses of administration or
inheritance, legacy, estate and other taxes, and to
assign and pledge assets of my estate therefor.
Provided, however, that this paragraph shall not
authorize borrowing from "Trust B".
(g) To pay all costs, taxes, expenses and
charges in connection with the administration of my
estate or a Trust. If any estate or inheritance taxes
are payable from assets received by the Trustee, such
taxes shall be paid from the assets constituting
"Trust A".
(h) To make distributions of income and of
principal to the proper beneficiaries thereof, during
the administration of my estate, with or without court
order, in such manner and in such amounts as my
Executor deems prudent and appropriate.
(i) To vote any shares of stock which form a
part of the estate or Trust, and otherwise to exercise
all the powers incident to the ownership of such stock.
Page 10 ~/
(j) In the discretion of the Executor or
Trustee, to unite with other owners of similar
property in carrying out any plans for the
reorganization of any corporation or company whose
securities form a part of the estate.
(k) To disclaim any interest in property which
would devolve to me or my estate by whatever means,
including but not limited to the following means: as
beneficiary under a will, as an appointee under the
exercise of a power of appointment, as a person
entitled to take by intestacy, as a donee of an inter
vivos transfer, and as a donee under a third-party
beneficiary contract.
(1) To do all other acts in their judgment
deemed necessary or desirable for the proper and
advantageous management, investment and distribution
of the estate or Trust.
ITEM XI: Whenever and as often as any
beneficiary hereunder, to whom payments of income or principal
are herein directed to be made, shall be under legal
disability, or, in the sole judgment of the Trustee, shall
otherwise be unable to apply such payments to his own or her
own best interests and advantages, the Trustee may make all or
any portion of such payments in any one or more of the
following ways:
(a) Directly to such beneficiary;
Page 11
(b) To the Legal Guardian or Conservator of such
beneficiary;
(c) To a relative of such beneficiary, to be
expended by such relative for the benefit of such
beneficiary; or
(d) By itself expending same for the benefit of
said beneficiary.
Provided, however, that this power shall not apply to "Trust B"
ITEM XII: Any person, other than my wife,
who shall have died within thirty (30) days of my death, shall
be deemed to have predeceased me. If my wife and I die
simultaneously, or under such circumstances that the order of
our deaths cannot be established by proof, my wife shall be
deemed to have survived me.
ITEM XIII: If at any time any beneficiary
under the age of twenty-one (21) years shall be entitled to
receive any assets hereunder, my then acting Trustee shall
receive such assets as Custodian under the Pennsylvania Uniform
Transfers to Minors Act for that beneficiary. Such Custodian
may receive and administer all assets authorized by law, and
shall have full authority as provided in the Pennsylvania
Uniform Transfers to Minors Act to use such funds in the manner
it deems advisable for the best interests of such beneficiary.
In addition, said Custodian shall have all the rights and
privileges as to the Custodianship and its assets as are herein
granted to the Executor as to my estate and the assets
therein. I also designate said Custodian as successor
Page 12 /~ ,~,~..
Custodian of any property for which I am custodian under any
Uniform Gifts to Minors Act or Uniform Transfers to Minors Act.
ITEM XIV: I hereby nominate, constitute and
appoint my wife, ANGELENE A. LEVINE, to be my Executrix (herein
referred to as ExecUtor>. In the event of her death or her
inability or refusal to serve as Executrix, I nominate,
constitute and appoint THERESA CENTURIONE to serve in her stead
as Executrix. My wife, ANGELENE A. LEVINE, shall have the
power to nominate and appoint a successor Trustee <individual
or corporate> to serve upon her death or her inability or
refusal to serve as Trustee. In the event of the death or the
inability or refusal to serve of my, wife, ANGENELE A. LEVINE,
prior to her appointment or nomination of a successor Trustee,
I nominate, constitute and appoint THERESA CENTURIONE to be the
successor Trustee. In the event of the death or inability or
refusal to serve of THERESA CENTURIONE, I nominate, constitute
and appoint my wife's cousin, 3AMES FOR3AN, to be the successor
Executor and Trustee. The Executor and Trustee are
specifically relieved of the duty or obligation of filing any
bond or other security.
IN WITNESS WHEREOF, I have set my hand and seal to
this, my Last Will and Testament, consisting of this and the
preceding twelve (12) pages, at the end of each page of which I
have also set my initials.for greater security and better
identification this ~'g.a day of ~/g~f/z~j'C , 1994.
WILLIAM J. ~IN~ -
(SEAL)
We, the undersigned, hereby certify that the foregoing
Will was signed, sealed, published and declared by the above-
named Testator as and for his Last Will and Testament, in the
presence of us, who, at his request and in his presence and in
the presence of each other, have hereunto set our hands and
seals the day and year first above written, and we certify that
at the time of the execution thereof, the said Testator was of
sound and disposing mind and memory.
(SEAL)
(SEAL)
(SEAL)
ACKNOWLEDGEMENT
COMMONWEALTh0F/'PENNSYLVANIA )
) ss'
COUNTY
)
I, WILLIAM J. LEVINE, Testator, whose name is signed
to the attached or foregoing instrument, having been duly
qualified according to law, do hereby acknowledge that I signed
and executed the instrument as my Last Will and Testament; that
I signed it willingly; and that I signed it as my free and
voluntary act for the purposes therein expressed.
~f'~ - ,,7
~:~i.~ · ~ ~>' .
/ ~I~,.~.+~'.. ~ J~z~,~Z,
WiLL~AM j'.' ~VI~E
(SEAL)
Sworn to and subscribed
ofbef°r~e me thi ' 1994.
~[-~-.~-~'~ s ~ day
~ Notary Public ~
My Commission Expires:
(SEAL)
Nota.,JaJ Se~t
Margaret M. Kenwo~hy, N..~a~_Pt~.
Susquehanna Twp., Dau_p,,~n L;ounty
My Commission Expires ~ept 28, 1997
I',~,.~m~;, PennsylvaniaAssoci~on of Notaries
AFFIDAVIT
C 0MMONWEALTH 0F PENNSYLVANIA
COUNTY OF D~
SS'
and
[~---O~x\ ~.~_~3~f~ , the Witnesses whose names are
signed to the attached or foregoing instrument, being duly
qualified according to law, do depose and say that we were
present and saw Testator, WILLIAM J. LEVINE, sign and execute
the instrument as his Last Will and Testament; that Testator
signed willingly and that he executed said Will as his free and
voluntary act for the purposes therein expressed; that each of
us in the hearing and sight of the Testator signed the Will as
Witnesses; and that to the best of our knowledge the Testator
was at that time eighteen (18) or more years of age, of sound
mind and under no constraint or undue influence.
,./"' ~ Witness
Sworn to and subscribed
before me this ~ day
~ Notary
My Co~ission Expires:
(SEAL) r
,-4
3111t2002 10:53:43 AM
51920425 - LEVINE WILLIAM J
Account Workbook
Positions
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4-! [O~301T 017357;P1~-1--:--017357;PH-1' :-ALI~GHN~ PA~3C~T~ O~ -- --~~ --~7~40- -SEG Yes
--- 5 .... ~0', '02'178~~0217B~H;4' ~TOONA-PA--~625*0g01't8 ..... 9[5970 ~4-339-55 'SEG--- ~e~
~- El 10,0~0. ~;DD;7 ~ "O~9:D~B~KSTA-FGIC 5.5-111505 ......... 102.8240'-I ........~0;282740~T -SEG~
~-~8 ~"~~*-~ -~53~0-FH~6 -*-1~3oo~-I CENT DAUP~A-4;2*~0103 .... ~---103;0~0'1~20~03~0--I~SEG--- ~
i 9~-~25,000 i ....... ~-~330~GP:7 .... ~ .... ~30~-CE~OAUPH'PA-5;O-120'I'OB~'~107;~50'-I .... 26,~a.75' I ....... ; SEG'- Yes
'. ' ' ~ ......, *1 ....... ]-2~57~ : ..... 2~057;HH:2--OERR~SD-'5;5'020121 ...... 100:4540 ~* 20~090;~* * 1 ....... ISEG---;'~ "-'1
~ I3T~1~0'~ ..... [2~900~-~ ...... 24~01-HA:O'-DERRYP~SD~4;5-I-T150Z ~--100~E~r~15-1'10~10-~'l ' ISEG ...........
.... PA s9 s:s ......
~ ~ ..... I0;0~0--- ~9~BK:9 .... i *205~2~B~9~ER~-PA~R-7:15-OT0107 ......... 102;0100' ~ -" t0,201;00~ 1 ........ ~SEG-"-'j ........
' 16-. 5;000'; ......... ;-3~6~R~~:~-9
~19 ] ..... 25~----~--~-~788%DX-7 --~SS-I;D~I-L~ BUCKS PA 6.2 111512' ; 103.3720~ I ' - '25;~3;00-'-1 .... ~-SEG-'I YE~
-~0 ..... 10~O I~B5OS~BB-5 -; ~BS~B~PR~NC PA 6.1 ~102 ? '100.9130 { ..... 10;~T;30':-~-SEG--I .....
~ .... ~0DO ' 68~17:NE:B' "'~ 651517-NE-8 N~A~D5:~-0301-1'3 '--108:~30 '~ .... I0,836:30 ....... ~-SEG .....
~2~; --10;000' 707483-CG~'- ~O~B~;~ENN*HLL'PA 5.875 120115 ' *1- '103:32~
~ -25~0;000 ..... ~-70787~~ .... 70787~FL~ ~-PENN~D-PA[9-050'IT~T0~0~
~6-~-'"'"-5;000; - - - T7091~:D~1 ~I-~09~*~i-PA-ST SRA 5 0 070115 ....... ~ ' ~00 45~*' ....... 5:022~5-
~29~ .... ~1 / 7~GE:O- '~" 7~193~E:~TIOA~5:5'0101'I~ ............... 1~4;2810'l .........31,284:30'
~-" 30:.' --25~0-I .......... "'~ 709172~~0~6TPAST HEFA 5.~ 010108 .............
-- 31 ..... 35~0-I ~'709221~Z;6-~:---TOg~:C~8-I-PA-ST ~K CMM5.25 120116 ' 103.6~0' I ......
~-32-:--- I5,,000: ............ -708~!0:GQ-0 '
'~?-----5;000:
/0B840:DU:~
I
-- -7088~.0;FU:2 .....
· 70E~8~f0--GQ:-0~- P'A-ST;INTR'GO~rs:0-O6'1521-- ~ --9971'370' ........... 1:4;870.55,
PA-ST 1NTERGOS;05061506 ~ 3~670'- 5.-
-- I"--I'f2:1060'- --
i
SEG--~e-s ....
-SEG .... Ye~---
506 ....
46 "' 15;000'
" "47 .... 25~000
SEG
SE~Il
i
Yes --'
Page: 1
3/11/2002 10:53:43 AM
51920425 - LEVINE WILLIAM J
Account Workbook
Positions
1 ' ' '1 ~uan.~/ I ~qnDm I '"~eoaoty I' uU.~!~.-: I - Name ,- I ~ ~"~ · t - Value.' ' '~'gy~ I ' LOC t ~n
~'-'~,~u I ~ 70~4-1:'J~FT0914-1:~M:B~~tRD~5~2~ I ..... I I
F 5~10;~ .... : TI7~3~Q~ /z3 zu23~Q;0-1 PH~~ST:0-05T520-- : 12z.uu~? 12;280.~T~E~__
~ ~21~00'I .... I-7~78s0:~ '"7176~1 ~ ~R~CDLPR~0~~[~l'10:g410 ~--~227~8:20-f-'1 ....... I SEO-- I~
53] .... 2=o[F ..... ~7823-~;8 '-717823:~R~LHA-PA'5:25-~01~---I--'-lO6:~10*' ---2~~SEG-'~'Yei ....
[--55" ~~ .... 71781EcAW-5~-- 71781E:A~-PA'AUT~7~3 ~g8:4320: I ...... 4~2%5071 .... ?8EO--r~
~58~5:000]--~J7253~C~9~'-~" ' 7253~:9'7'P~B~R~4:7~104- ]"'"~:2~0 ~26;~0'.25 I I ..... FSEG~~
i'-s~L:~ool ..... F25=TS-L7:2~-- z2s27~m~au RGH PA~:~0S ~---m2:0~* Y .... ~o,~o~.~u,I ~ ....... I SE~--I
F.61 ]-~00-; ....... 7253~~---72530~pl~SBURGH pA-5~-0g~122~ ~ i -- --lOg:~ ~ 4U~' ~5~0~I .....
~- 6~ .....2[000~ ...... 77252~ ..... ~ 725208:3X-8 IPI~SBRGHPA' 4.50301~ ..... I--I04:1920 ~ .... 26;0~8~00--1 "SEG-'-'~ Ye~
i--6Tl- '-2~ ..... ~25~HP;7~530~;H~:[.~G~&S-'5:O'090~z ' ~0~70'-I ..... 2~4I~1 ; SEG-" ?Yes
I--"'~5~--25:~e I '-172~7~-~---: "-72~78~A~2-:'PGH-PA~~20116 ........ -10~~25~430:~-1-~EU : Yes
~--66 ..... ~;~ ......... ~55635-6~3'~~35-B~~ING~A"SCH6:~'12~TO2~102746~* I ____~ff23~l__~SEG ...........
~-67j '~5;000 .......... ~766~g:DZ;7- "~809;DZ;7'~ RING~ED-P~S~.2 01 ~513' ; !16.2g~" ~ ......
.... 68~-'~[0oo .... :-8~'~:5--- I "-8~'~~ sc~o~~o~-~'o ..... ~-'--f~~15;572:101-I I SEG ~Yes
~ 7~--30;~01 ..... , ~3~-5 ..... 1'--~32~-' ST'PUBliC.lO?510 .... [--~:8~0~~62:201 1 ....... SE~
~~10;~ '-1-~4~5 ......... g~~'WAYNE-PA-HSP~Z0~ '- l~:96~-~-~[896~I-I----I-8EG-"-~'Yei
Page: 2
351112002 10:53:43 AM
51920425 - LEVINE WILLIAM J
5192-O425 IO A
HB23 CSt 4C
WILLIAM J LEVtNE
3428 LOGAN ST Home 717/737-3853
CAMP HILL PA ~7011
Account Workbook
Positions
Total Market Val 1,371,144.65
Total Acct Val ! ,451,569.49
MMF Bal 80.424.64 Fun~ AvailaMe 60,434.84
Page: 3
ACCOUNT IIqFORMATiOiS! (FIRM
~i~ ~f~a~ion ~ not ~he official t~rd ~fymu
r~ffi. ~i~ i~ffo~ation ~ Dot a su~titum for cther imp~t
· ~c~ds to you. ~e ~bovo may not ~ u~d
-' 9c~ ~ d~en~tiun m~ding your r,:count
3tl lJ20D2 10:53:24 AM
51920830 - LEVINE WILLIAM J
Account Workbook
Positions
i
'. c;Usit~. ~. r~ame I
MI~ZPr,:e t Value 1 ~ylle I loc 'l'.Mgn ;
Page:l
O_
(~
O
5192-0830
HB23
WILLIAM J LEVINE (IR~)
J M S LLC CUST FBO
3428 LOGAN T
CAMP HILL PA 17011
lO F
CSl 4C
MMF Bal
21,778.62
Tetal Acct Val 21,778.62
Fuads Availab~e 21,778.62
ACCOUNT 1FIFORMATIOI~I (FIRM GENERATED)
This information is not the official ~ecord of your account and is subjec! lo changes,
errom and omissions and ¢aaao~ be gttarantced ~s to its accurac~ or compl~tenc~s.
· statements constitute },our offJci:'!
prLntcd confmnalioJts and periodic account
~.-':ord- Tlds information isnot a substimt~ for other im~t in[-orn~tion
-ds lo ¥Oii, ThC above may nol:bc used for tax ml)offing Pmlo°ses' J['g~;
**%~' :-. - ~leo, tm~on ~eg~ardbtg yot~ -,ccount to you bs' matt.
Neill Funeral -Iome, Inc.
3501 Derry Street
Harrisburg, PA 17111
(717) 564-2633
Stephen J. Wilsbach, ED., Supervisor
3401 Market Street
Camp Hill, PA 17011
(717) 737-8726
Robert J. Pramik, ED., Supervisor
2608
STATEMENT OF FUNERAL GOODS AND SERVICES SELECTED CASE #
Charges are only for those items that you select or that are required. If we are required by law or by a cemetery or crematory
to use any item, we will explain the reason in writing below.
Arrangementstor: ~t,~[I {l'~,, ~',, L.~L/t/~b Date of Arrangement'. /v~/"/l ~.~
SERVICES, FACILITIES, AUTOMOBILE, OTHER EQUIPMENT
AND OTHER SERVICES:
Itemized General Price Mat:
Basic Professional Services of
Funeral Director and Staff: $ / ~''' [
Other Care of the Deceased:
Embalming $
Sanitary Care of the
Unembalmed Remains /,~ c I
Dressing, Casketing and Cosmetology
Post Autopsy Care/Post Organ Donation
Restoration Charge
Refrigeration t ~-'- (
Care and Custody While Sheltering Remains / .~- ~ I
Other Care of the Deceased:
Total Care of the Deceased
Directing of Services and Uae
of Facilities:
Visitation
Funeral Ceremony
Memorial Ceremony
Graveside
Special Hrs. Charge
Date of Death:
MERCHANDISE:
Casket:
Outer Burial Containers:
20~
$
Cremation
n'
Cremation Container:
Clothing as Selected:
Grave Marker:
Acknowledgment Cards as Selected
Memorial Register
Memorial Folders/Prayer Cards
Combination Shipping Unit/Air Tray __
Total Merchandise
CASH ADVANCES:
Sales Tax:
Cemetery:
Death Certificates (No. /,-- @ $2,~'c )
Permit Disposition/Burial Permit __
Medical Examiner's Charge
Honorarium:
Musicians/Vocalist:
Air or Other Transport:
Out of Town Funeral Homes:
$
Newspaper Notices:
Telephone/Telegraph/Fax:
Motor Escort:
Total Cash Advances
We charge you ior our services in obtaining:
Total Directing of Services and
Use of Facilities $
Automotive, Other Equip., Other Services
and Other Charges:
Transfer of Remains to Funeral Home $ /~'~ [
Hearse/Coach and Ddver
Limousine/Other Passenger Vehicle and Driver
Safety/Lead Vehicle and Driver
Flower Van and Driver
Utility Vehicle and Driver /.~u ~. t
Cemetery tent and grave equipment
Additional Transportation Charges:
Total Auto. Other Equipment and Services $
And/or
Personalized Service Program Package
(a complete description of the package that you
selected ls in the General Price List provided you):
$
Other Services:
Immediate Budal $
Direct Cremation Without a Service $ __/c/ff' J-. Cc,
Fonvarding Remains to Another Funeral Home $
Receiving Remains from Another Funeral Home $
$
Total Service Charges with Personalized Packages
SUMMARY:
Basic Professional Services of
Funeral Director and Staff
Other Care of the Deceased
Directing Services and Use of Facilities
Automotive, Other Equip. and Services
and/or
Personalized Service Program Package
Other Services
Total Service Charges with
Personalized Package8
Merchandise
Cash Advances
Total Charges
(Credits) to Account:
Payments (cash. check, or credit card)
Balance due after credits
Z724 L~,Y/N I A
9/28/96 -- AL. AK, AR, CO. CT. ~C, FL. GA, HI, IA. ID, IL, IN, KS, KY, MA. ME, MD, MI, MO, MS. ND, NE, NH. NJ, NM, NV, OH, OK, PA, PR. RI. $C, ~D, TN, VA, WA, WI, WV, WY) Page I OF 2
Register of Wills of Cumberland County, Pennsylvania
INVENTORY
Estate of William J. Levine No. 21-02-0307
also known as
Date of Death March 7, 2002
late of the Borough of Camp Hill,
Cumberland County, Pennsylvania,
Deceased Social Security No. 132-05-9082
Personal Representative(s) of the above Estate, deceased, verify that the items appearing in the following inventory include all of the
personal assets wherever situate and all of the real estate in the Commonwealth of Pennsylvania of said Decedent, that the valuation
placed opposite each item of said Inventory represents its fair value as of the date of the Decedent's death, and that Decedent owned
no real estate outside of the Commonwealth of Pennsylvania except that which appears in a memorandum at the end of this inventory.
I/VVe verify that the statements made in this Inventory are true and correct, lANe understand that false statements herein are made
subject to the penalties of 18 Pa. C.S. Section 4904 relating to unswom falsification to authorities.
Name of
Attorney:
James A. Ulsh
10169
3401 N. Front Street, P.O. Box 5950
Harrisburg, PA 17110-0950
Personal Representative:
Angelene A. Levine
I.D. No.:
Address
Telephone: (717) 232-5000
Real Property:
NONE
Personal Property:
See Attached
DESCRIPTION
TOTAL
VALUE
1,451,569.49
(Attach Additional Sheets If Necessary)
NOTE: The Memorandum of real estate outside the Commonwealth of Pennsylvania may, at the election of the personal representative, include the value
of each item, but such figures should not be extended into the total of the Inventory.
Form RW-7 (Dauphin County) - Rev. 9/92 311507
Inventory
Estate of William J. Levine
From 03/07/2002 To 03/07/2002
Description
Money Market Accounts
Janney Montgomery Money Market
Municipal Bonds
Abington PA Sch Dist Bond
Allegheny Cty PA 5.0% Bond
Allegheny Cty PA 6.0% Bond
Allegheny PA Hosp Der Bond
Altoona PA Bond
Berks Cty PA FGIC Bond
Blairsville-Saltsburg Bond
Central Dauphin PA 5.0% Bond
Central Dauphin PA Sch Bond
Central Dauphin PA Sch Dist 4.5%
Derry PA Area Sch Dist 02/01/21 5.5
Derry PA Area Sch Dist 5.5% 2/01/14
Derry Twp PA San Swr Auth Bond
Derry TWl0 PA Sch Dist 4.5 11/15/02
Erie PA Wtr Auth Bond
Gateway PA Sch Dist Bond
General McLane School Dist Bond
Lancaster PA Area Swr Auth Bond
Lower Bucks Cnty PA Bond
Lower Providence Twp Bond
Methacton PA Sch Dist Bond
Accrued Income
36.29
Value
14,783.55
26,290.00
11,075.40
5,223.55
14,339.55
10,282.40
5 056.25
26.838.75
20 603.40
5,060.90
20,090.80
15,357.15
10,925.60
15,110.10
10,201.00
5281.00
20 434.40
5,556.00
25,843.00
10,091.30
28,460.00
Total
80,424.84
15:55
Inventory
Estate of William J. Levine
From 03/07/2002 To 03/07/2002
Description
Montgomery Cnty PA Bond
North Penn PA Sch Dist Bond
PA Hsg Fin Agy 5.45% Bond
PA Hsg Fin Agy Bond 5.3%
PA Intergovtl Coop Bond 06/15/21
PA Intergovtl Coop Bond 5.05%
PA Intergvrmnt Coop Bond 6.7%
PA Intergvt Coop Bond 5.0% 06/15/~6
PA St First Ser 5.0% Bond
PA St First Ser 5.125% Bond
PA St HEFA 5.35% Bond
PA St HFA SFM 5.9% Bond
PA St Highr Edl Facs Bond
PA St Indl Der Auth Bond
PA St Second Ser Bond 5.2%
PA St Second Series 5.0% Bond
PA St Third Ser 4.5% Bond 12/01/07
PA St Third Ser 4.5% Bond 12/01/10
PA St Tpk Cmmn 5.25% Bond 12/01/16
PA St Tpk Cmmn Bond 12/01/14
PA St Univ Bond
Penn Hills PA Ambac OID Bond
Penn Intergvrnmntl Coop Bond 5.15%
Accrued Income
Value
10,846.40
10,836.30
10,137.30
15,909.00
14,870.55
5,168.35
22,421.20
16 050.45
26,703.75
26859.50
26 000.25
26,065.25
4,554.75
31,284.30
10,639.80
10 767.50
26,232.75
15460.20
36 292.90
52,477.00
10,312.30
10,332.40
36,501.50
Total
15:55
Inventory
Estate of William J. Levine
From 03/07/2002 To 03/07/2002
Description
Penn Manor Sch Dist PA Bond
Penn St CTFS Partn Bond
Penn St Hghr Ed Bond
Penn St Hi Ed Facs Ath Bond
Penn-Trafford PA Sch Bond
Pgh PA Wtr & Swr 5.0% Bond
Phila PA Arpt Bond
Phila PA Auth for IDA Bond
Phila PA Auth for Indl Der Bond
Phila PA Gas Wks Bond
Phila PA Gas Wks Bond 5.25%
Phila PA Sch Dist Bond 6.25%
Phila PA Wtr & Wstwtr Bond
Pine Richland PA Bond
Pitts & Allegheny Co PA Bond
Pittsburgh PA Rfdg Ser Bond 4.5%
Pittsburgh PA Sch Dist 4.3% Bond
Pittsburgh PA W&S Auth Bond
Pittsburgh PA Wtr & Swr 5.0% Bond
Pittsburgh PA Wtr & Swr Bond 4.7%
Pittsburgh PA Wtr & Swr Bond 5.6%
Reading PA Sch Auth Bond
Ringgold PA Sch Dist Bond
Accrued Income
Value
10,802.00
5,022.75
20,344.60
5,136.25
10,760.00
9,965.10
41,520.40
5,226.65
4,821.60
12,280.30
21,288.20
22,188.20
27,510.75
27,794.25
25,430.00
26048.00
10 204.50
12,190.60
25,141.75
26,320.25
54,557.00
5,123.00
40,704.65
Total
15:55
- 3 -
Inventory
Estate of William J. Levine
From 03/07/2002 To 03/07/2002
Description
Scranton PA Bond
Shaler PA Area Sch Dist Bond
Silver Spring Twp Bond
Southeastern PA Trans Auth Bond
St Pub Sch Bldg Auth PA Bond
State Pub Sch Bldg Auth Bond
Tarentum Bor PA Bond
Tredyffrin Twp PA Rfdg Bond
Trinity ASD PA Bond
Upper Allen Twp PA Bond
Wayne Cnty PA Hsp & Hlth Bond
Wilkinsburg Penn PA Bond
York Cnty PA Hosp Auth Bond
Accrued Income
Value
15,572.10
5,129.05
4,947.45
10,662.50
30562.20
15,337.20
15,268.20
10,682.80
10.506.40
16 246.95
10,896.20
5,113.35
6,211.65
Total
1,371,144.65
15:55
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
BUREAU OF INDIVIDUAL TAXES
DEPT. 280601
HARRISBURG, PA 17128-0601
RECEIVED FROM:
PENNSYLVANIA
INHERITANCE AND ESTATE TAX
OFFICIAL RECEIPT
NO.
CD
REV-1162 EX(11-96)
001 91 5
ULSH JAMES A ESQUIRE
3401 N FRONT STREET
P O BOX 5950
HARRISBURG, PA 17110-0950
........ fold
ESTATE INFORMATION: SSN: 132-05-9082
FILE NUMBER: 2102-0307
DECEDENT NAME: LEVINE WILLIAM J
DATE OF PAYMENT: 12/05/2002
POSTMARK DATE: 1 2/05/2002
COUNTY: CUM BERLAN D
DATE OF DEATH: 03/07/2002
ACN
ASSESSMENT
CONTROL
NUMBER
AMOUNT
101 ~936.71
TOTAL AMOUNT PAID'
$936.71
REMARKS: ANGELENEA LEVINE
C/O JAMES A ULSH ESQUIRE
SEAL
CHECK# 0393
INITIALS: CW
RECEIVED BY:
MARY C. LEWIS
REGISTER OF WILLS
REGISTER OF WILLS
BUREAU OF ZNDTVZDUAL TAXES
INHERITANCE TAX DIVISION
DEPT. 280601
HARRISBURG., PA 171Z8-0601
JAMES A ULSH ESQ
METTE ETAL
PO BOX 5950
HBG
PA 17110
COMMONNEALTH OF PENNSYLVANIA
DEPARTHENT OF REVENUE
NOTICE OF DETERHZNATZON AND
ASSESSMENT OF PENNSYLVANIA
ESTATE TAX BASED ON FEDERAL
ESTATE TAX RETURN
DATE 03-31-2003
ESTATE OF LEVINE
DATE OF DEATH 05-07-Z002
FZLE NUMBER 21 02-0307
COUNTY CUMBERLAND
ACM 201
Amount
WILLIAM J
MAKE CHECK PAYABLE AND REMIT PAYMENT TO:
REGISTER OF gILLS
CUMBERLAND CO COURT HOUSE
CARLISLE, PA 17013
NOTE: To insure proper credit to your account, submit the upper port/on of this form w/th your tax payment.
CUT ALONG THIS LINE ~* RETAIN LONER PORT'rON FOR YOUR F'rLES ~
REV-483 EX AFP (01-03) ~ NOTICE OF DETERMINATION AND ASSESSMENT
OF PENNSYLVANIA ESTATE TAX BASED ON FEDERAL ESTATE TAX RETURN ~
ESTATE OF LEVINE NILLIAM J FILE N0.21 02-0307 ACN 201 DATE 03-31-2003
ESTATE TAX DETERM'rNATZON
1. Credit For State Death Taxes as Verified Z7~7q1.7q
Z. Pennsylvania Inher/tance Tax Assessed
(Excluding Discount and/or Interest)
3. Inheritance Tax Assessed by Other States .00
or Territories of the Un/ted States
(Excluding O/scount and/or Interest)
q. Tote! Inheritance Tax Assessed 95~657.55
5. Pennsylvania Estate Tax Due .00
TAX CREDITS:
95~657.55
PAYMENT RECEIPT DISCOUNT C+)
DATE NUMBER INTEREST/PEN PAID (-) AMOUNT PAID
~ZF PAID AFTER THIS DATE, SEE REVERSE SIDE
FOR CALCULATION OF ADDITIONAL INTEREST.
TOTAL TAX CREDIT I .00
BALANCE OF TAX DUEI .00
INTEREST AND PEN. I .00
TOTAL DUE I . O0
{IF TOTAL DUE ZS LESS THAN $1~, NO PAYMENT ZS REiiUZRED
ZF TOTAL DUE ZS REFLECTED AS A "CREDIT" (CR), YOU MAY BE
DUE A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.}
PURPOSE OF
NOTICE:
PAYMENT:
To fulfill the requirements of Section ZlqO (b) of the Inheritance and Estate Tax Act, Act Z3 of ZOOO.
(TI P.S. Section 91qO).
Detach the top portion of this Notice and submit with your payment to the Register of Hills 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 bo requested by completing an "Application for Refund of Pennsylvania
Inheritance and Estate Tax" (REV-1313). Applications are available at the Office of the Register of Hills,
any of the ?.-% Revenue District Offices or free the Department's Zq-hour answering service for fores ordering:
1-BO0-36Z-Z050; services for taxpayers eith special hearing and / or speaking needs: 1-800-q~7-SOZ0 (TT only).
OBJECTXONS: Any party in interest not satJs;ied aith 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. ZSIOZ1, Harrisburg, PA 17liB-lOll,
--electing to have the matter determined at audit of the personal representative, OR
--appeal to the Orphans' Court.
ADHIN-
ISTRATIVE
CORRECTIONS:
Factual errors discovered on this assessment should bo addressed in writing to: PA Department of Revenue,
Bureau of Individual Taxes, ATTN: Post Assessment Review Unit, Dept. IS0601, Harrisburg, PA 17liS-0601,
Phone (717) 78?-6505. Sea page S of the booklet "Instructions for Inheritance Tax Return for a Resident
Decedent" (REV-1501) 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 18, 1996, the first day after the end of the tax amnesty period. This non-participation
penalty is appealable in the same manner and in the the same time period as you would appeal the tax and interest
that has been assessed as indicated on this notice.
For dates of death an or after 10-5-91, 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 10-5-91, Pennsylvania Estate Tax based on the Federal Estate Tax return
becomes delinquent at the expiration of eighteen (lB) months from the date of death.
Taxes which became delinquent before January 1, 1982 bear interest at the rate of six (6Z) percent par annum
calculated at a daiIy rate of .O00lgq. AIl taxes ahich became delinquent on or after January 1, 198Z wiI1 bear
interest et e rate which will vary from calendar year to calendar year with that rate announced by the PA
Bepartment of Revenue. The applicable interest rates for 198Z through ZOO5 are:
Interest Daily Interest Daily Interest Daily
Yaa~ Rate Factor Yea~ Rate Factor Yea._..r Rate Factor
198Z lOX .O00Sq8 1987 9Z .DOOZq7 1999 7Z .OOD19Z
1985 16Z .000q38 1988-1991 llZ .000501 ZOO0 8Z .O00Z19
198q llZ .000501 199Z 9Z .O00Zq7 2001 9Z .O00Z~7
1985 152 .000356 1995-199q 72 .O00IgZ ZOOZ 62 .O0016q
1986 lOX .O0027~ 1995-1998 9Z .000247 2005 5Z .000157
--Interest is calculated as follows:
INTEREST = BALANCE OF TAX UNPAID X NUMBER OF DAYS DELINQUENT X DAILY INTEREST FACTOR
--Any Notice issued after the tax becomes delinquent will reflect an interest calculation to fifteen (15) days
beyond the date of the assessment. If payment is made after the interest computation date sheen on the
Notice, additional interest must be calculated.
BUREAU OF ZNDTVZDUAL TAXES
INHERITANCE TAX DIVISION
DEPT. 180601
HARRISBURG, PA 17118-0601
COHMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
NOTICE OF INHERITANCE TAX
APPRAISEMENT, ALLONANCE OR DZSALLOHANCE
OF DEDUCTIONS AND ASSESSMENT OF TAX
JAMES A ULSH ESQ
METTE ETAL
PO BOX 5950
HBG
PA 17110
DATE
ESTATE OF
DATE OF DEATH
FILE NUMBER
COUNTY
ACN
REV-16U EX AFP CD'z-OS)
05-$1-2005
LEVINE WILLIAM J
05-07-2002
21 02-0507
CUMBERLAND
101
Amoun~ Remitted
HAKE 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 (01-03) NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR
DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX
ESTATE OF LEV/NE WILLIAM J FILE NO. 21 02-0307 ACN 101 DATE 03-31-2003
TAX RETURN NAS: ( ) ACCEPTED AS FILED (X) CHANGED SEE ATTACHED NOTICE
RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE
APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN
1. Real Estate (Schedule A) (1)
2. Stocks and Bonds (Schedule B) (2)
3. Closely Held Stock/Partnership
q. Mortgages/Notes Receivable (Schedule D) (q)
E. Cash/Bank Deposits/Misc. Personal Property (Schedule E)
6. Jointly Owned Property (Schedule F) (6)
7. Transfers (Schedule G) (7)
8. Total Assets
APPROVED DEDUCTZONS AND EXEMPTIONS:
9. Funeral Expansos/Ad.. Costs/Misc. Expanses (Schedule H) (9)
10. Debts/Mortgage Liabilities/Liens (Schedule Z) (10)
11. Total Deductions
12. Not Value of Tax Return
1/371/1fiq.65
.00
80/q2q.8q
.00
.00 NOTE: To insure proper
credit to your account,
submit the upper portion
.00 of this form with your
tax payment.
qq,7qq.37
.00
(11) 44.74~.37
(12) 1,q28,603.7q
15.
NOTE:
TAX CREDITS:
PAYflENT
DATE
06-05-2002
12-05-2002
ASSESSMENT OF TAX:
15. Amount of Line lq mt Spousal rate (15)
16. Amount of Line lq taxable at Lineal/Class A rata (16)
17. Amount of Line lfi mt Sibling rate (17)
18. Amount of Line lq taxable at Collateral/Class B rata (18)
19. Principal Tax Duo
406,617.67 x O0 = .00
6,395.50 x 045= 287.80
.00 x 12 = .00
654,043.94 X 15 : 98,106.59
(19)= 98,39q.39
RECEIPT
NUMBER
CD001263
CD001915
D/SCOUNT (+}
INTEREST/PEN PAID (-)
q,736.8q
.00
INTEREST IS CHARGED THROUGH 04-15-2003
AT THE RATES APPLICABLE AS OUTLINED ON THE
REVERSE SIDE OF THIS FORM
AMOUNT PAID
90,000.00
936.71
TOTAL TAX CREDIT
;BALANCE OF TAX DUE
INTEREST AND PEN.
TOTAL DUE
IF PAID AFTER DATE INDICATED, SEE REVERSE
FOR CALCULATION OF ADDITIONAL INTEREST.
95,673.55 [
2,720.8q
49.85
2,770.69
( ZF TOTAL DUE ZS LESS THAN $1, NO PAYHENT ZS REQUIRED.
IF TOTAL DUE ZS REFLECTED AS A 'CREDIT" (CR), YOU NAY BE DUE
A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.)
Charitable/governmental Bequests; Non-elected 9115 Trusts (Schedule J) (15) 361,5q6.63
Nat Value of Estate Subject to Tax (lq) 1,067,057.11
If an assessment was issued previously, 11nas 14, 15 and/or 16, 17, 18 and 19 Nill
reflect flgures that include the total of ALL returns assessed to date.
21/778.62
(8) 1,473,348.11
RESERVATION:
PURPOSE OF
NOTICE:
PAYMENT:
REFUND (CR):
OBJECTIONS:
ADMIN-
ISTRATIVE
CORRECTIONS:
DISCOUNT:
PENALTY:
INTEREST:
Estates of decedents dying on or before December 12, 19aZ -- if any future interest in the estate is transferred
in possession or enjoyuant to Class B (collateral) beneficiaries of the decedent after the expiration of any estate for
life or for years, the Coaaoneealth hereby expressly reserves tho right to appraise and assess transfer Inheritance Taxes
at the laaful Class B (collateral) rate on any such future interest.
To fulfill the requirements of Section 2140 of the Inheritance and Estate Tax Act, Act Z:5 of ZOO0. (72 P.S.
Sectlon 9140).
Detach the top portion of this Notice and submit aith your payment to the Register of Hills printed on the reverse side.
--Make check or money order payable to: RBGXSTER OF #XLLS, AGENT
A refund of a tax credit, mhich ams not requested on the Tax Return, may be requested by completing an "Application
for Refund of Pennsylvania Inheritance and Estate Tax" (REV-l:51:5). Applications era available at the Office
of the Register of #ills, any of the g$ Revenue District Offices, or by calling the special gq-hour
answering service for forms ordering: 1-800-:56g-Z050; services for taxpayers with special hearing and / or
speaking needs: 1-800-447-:5020 (TT
Any party in interest not satisfied aith the appraisement, allowance, or disallowance of deductions, or assessment
of tax (including discount or interest) as shown on this Notice must object within sixty (60) days of receipt of
this Notice by:
--arJttan 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 Texas, ATTN: Post Assessment Review Unit, Dept. g80601, Harrisburg, PA 171Z8-0601
Phone (717) 787-650S. See page 5 of the booklet "Instructions for Inheritance Tax Return for a Resident
Decedent" (REV-la01) for an explanation of administratively correctable errors.
If any tax due is paid within three (:5) calendar months after the decedent's death, a five percent (5Z) discount of
the tax paid is allowed.
The 1SI tax amnesty non-participation penalty is computed on the total of the tax and interest assessed, and not
paid before January 18, 1996, the first day after the end of the tax amnesty period. This non-participation
penalty is appealable in the same manner and in the the same time period as you mould 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 (9) months and one (1) day from the date of
death, to the date of payment. Taxes which became delinquent before January 1, 198Z bear interest at the rate of
six (62) percent per annum calculated at a daily rate of .000164. A11 taxes which became delinquent on and after
January 1, 1982 will bear interest at a rate which mill vary free calendar year to calendar year with that rate
announced by the PA Department of Revenue. The applicable interest rates for 1982 through Z00:5 are:
Interest Dally Interest Daily Interest Daily
Year Rate Factor Year Rate Factor Year Rats Factor
1982 207. . 000548 1987 97. . 000247 1999 77. . 000192
198:5 167. .0004:58 1988-1991 117. .000:501 ZOO0 87. .000219
1964 117. .000:501 1992 97. .000247 Z001 97. .000247
1985 1:57. . 000:556 1993-1994 77. .000192 2002 67. .000164
1986 107. .000274 1995-1998 97. .000247 200:5 57. . 0001:57
--Interest is calculated as folloes:
TNTEREST = BALANCE OF TAX UNPATD X NUNBER OF DAYS DELTNQUENT X DATLy 1'NTEREST FACTOR
--Any Notice issued after the tax becomes delinquent will reflect an interest calculation to fifteen (15) days
beyond the date of the assessment. If payment is made after the interest computation date shswn on the
Notice, additional interest must be calculated.
PROBATE [] JBA [] DATE:3/21103
REV-1470 EX (6-88)
EXPLANATION
COMraONWEALTH OF PENNSYLV^.~
DEPARTMENT OF REVENUE OF CHANGES
BUREAU OF INDIVIDUAL TAXES
DEPT. 280601
HARRISBURG, PA 17128-0601
DECEDENT'S NAME FILE NUMBER
William J. Levine 2102-0307
ACN
101
ITEM
SCHEDULE NO. EXPLANATION OF CHANGES
J lIB-2 The present value of this bequest, $6,395.50, is subject to tax at the lineal rate.
J liB Items 1 and 3 have been reduced to present value, $6,395.50 and $15,988.75, respec'tively.
TAX EXAMINER: Shawn E. Youn~l PAGE
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
BUREAU OF INDIVIDUAL TAXES
DEPT. 280601
HARRISBURG, PA 17128-0601
RECEIVED FROM:
PENNSYLVANIA
INHERITANCE AND ESTATE TAX
OFFICIAL RECEIPT
NO.
REV-1162 EX(11-96)
CD 002447
ULSH JAMES A
3401 N.FRONT ST.
P.O. BOX 5950
HARRISBURG, PA 17110-0950
........ fold
ESTATE INFORMATION: SSN: 132-05-9082
FILE NUMBER: 2102-0307
DECEDENT NAME: LEVINE WILLIAM J
DATE OF PAYMENT: 04/15/2003
POSTMARK DATE: 04/1 4/2003
COUNTY: CUMBERLAND
DATE OF DEATH: 03/07/2002
ACN
ASSESSMENT
CONTROL
NUMBER
AMOUNT
101 $2,770.69
REMARKS:
JAMES ULSH ESQUIRE
TOTAL AMOUNT PAID:
$2,770.69
SEAL
CHECK# 5628
INITIALS: VZ
RECEIVED BY:
DONNA M. OTTO
DEPUTY REGISTER OF WILLS
REGISTER OF WILLS
METTE, EX~'ANS & B'OODSlDE
A PROFESSIONAL CORPORATION
ATTORNEYS AT LAW
3401 NORTH FRONT STREET
P.O. BOX 5950
HARRISBURG, PA 17110-0950
7U31~ 1940 0002 5056 1829
Mary (?. Lewis
Register of Wills Office
Cumberland County Courthouse
One Courthouse Square
Carlisle, PA 17013
METTE, EVANS & WOODSIDE
A PROlV~SSIONAL COI~POI~ATION
ATTOI~YS AT LAW
HOWELL C. METTE KATHRYN L. SIMPSON
ROBERT MOORE P. DANIEL ALTLAND
CHARLES B. ZWALLY ANDREW H. DOWLING
PETER J. RESSLER MICHAEL D. REED
LLOYO R. PERSUN PAULA J. LEICHT
CRAIG A. STONE GARY J. HElM
JAMES A. ULSH DAVID A. F1TZSIMONS
DANIEL L. SULLIVAN GUY P. BENEVENTANO
STEVEN D. SNYDER THOMAS F. SMIDA
JEFFREY A. ERNICO JOHN F. YANINEK*
3401 NORTH lVRON?
P.O. BOX 5950
H~I~I~SBUI~G. i~A 17~0-0950
23-1985005
~E~O~
~717) 232-5000 (717) 23~1816
hRp://www, meRz.com
VICKY ANN TRIMMER
TIMOTHY A. HOY
KATHLEEN DOYLE YANINEK
JAMES M. STRONG
JENNIFER A. YANKANICH
RANDALL G. HURST*
MARK D. HIPP
RONALD L. FINCK
SCOTT C. SEUFERT
OF COUNSEL
JAMES W. EVANS
*MARYLAND BAR
April 14, 2003
VIA CERTIFIED MAIL
RETURN RECEIPT REQUESTED
Mary C. Lewis
Register of Wills Office
Cumberland County Courthouse
One Courthouse Square
Carlisle, PA 17013
RE: Estate of William J. Levine
File No. 21-02-0307
Dear Ms. Lewis:
11375.1
Enclosed is a check payable to "Register of Wills, Agent" in the amount of
$2,770.69, representing the balance of inheritance tax owed in the above-referenced
estate per the Notice of Appraisement received from the PA Department of Revenue,
a copy of which is enclosed.
Please send a receipt for the inheritance teu: payment to .my attention in the
enclosed envelope. Thank you for your assistance.
Very truly yours,
Lisa J. Knbd~
Paralegal to James A. Ulsh
Enclosures
cc: Angelene A. Levine, Executrix
:323260 !
BUReaU OF ZNDTVZDUAL TAXES
INHERITANCE TAX DIVISInN
DEPT. ZB0601
HARRISBURG, PA 1712B-0601
JAMES A ULSH ESQ
METTE ETAL
PO BOX 5950
HBG
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
PA 1711,0,
NOTICE OF ZNHERZTANCE TAX
APPRAISEMENT, ALLOWANCE OR DISALLOWANCE
OF DEDUCTZONS AND ASSESSMENT OF TAX
DATE 03-31-2003
ESTATE OF LEVINE
DATE OF DEATH 03-07-2002
FILE NUMBER 21 02-0307
COUNTY CUHBERLAND
ACN 101
Aeoun~ Reei*~ed
REV-154? EX AFP
WILLIAM J
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 (0i-03) NOTICE OF ZNHERXTANCE TAX APPRAISEMENT, ALLOWANCE OR
DXSALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX
ESTATE OF LEVINE WILLIAM J FILE NO. 21 02-0307 ACN 101 DATE 025-31-2003
TAX RETURN WAS: ( ) ACCEPTED AS FILED (X) CHANGED SEE ATTACHED NOTICE
RESERVATION CONCERN/NG FUTURE INTEREST - SEE REVERSE
APPRAZSED VALUE OF RETURN BASED ON: ORIGINAL RETURN
1. Reel Es~e~e (Schedule A) (1) . O0
2. S{:ocks and Bonds (Schedule B) (2) 1~2571;lqq.65
3. Closely Held S~ock/Par~nership /n~eres~ (Schedule C) (3) . O0
q. Hor~gages/No:4es Rece/vable (Schedule D) (q) .00
E. Cash/Bank Deposits/Misc. Personal Proper~y (Schedule E) (5) 80 1 ~*2q. 8q
6. Jo/n~ly Owned Proper~y (Schedule F) (6) . O0
7. Transfers (Schedule G) (7) . 21;778.62
8. To{:el Asse~s (8)
APPROVED DEDUCTZONS AND EXEHPTZONS: qq,Tq~.257
9. Funeral Expenses/Adm. Costs/Misc. Expanses (Schedule H) (9)
10. Debts/Mortgage L/ab/lilies/Liens (Schedule Z) (10)
11. To,al Deductions
12. Ne~ Value of Tax Re~:urn
15.
lq.
Chari~able/Governeen~al Bequests; Non-elected 9113 Trusts (Schedule J)
Ne~ Value of Es~a~e Sub~ec~ ~o Tax
.00
NOTE: To /nsure proper
cred/~ ~o your account,
subei~ ~he upper por~/on
of ~h/s form w/~h your
~ax payment.
NOTE:
1,q73,3q8.11
ZF PAID AFTER DATE INDICATED, SEE REVERSE
FOR CALCULATION OF ADDITIONAL INTEREST.
REVERSE SIDE OF THIS FORM
06-05-2002
12-05-2002
TAX CREDITS:
PAYMENT
DATE
RECE/P1
NUMBER
CD0012625
CD001915
OZ$COUNT {+)
ZNTEREST/PEN PAIO (-)
q, 7256.8q
.00
INTEREST IS CHARGED THROUGH 0q-15-2003
AT THE RATES APPLICABLE AS OUTLINED ON THE
ASSESSMENT OF TAX.'
15. Aeoun'E of L/nm lq e~ Spousal ra~e (15)
16. Aeoun~ of L/ne lq ~axeble a~ Lineal/Class A ra~e (16)
17. Aeoun'l: of Line lfi a~ S/bl/ng ra~e (17)
18. Aeoun~ of Line lq ~axable a~ Collateral/Class B ra~e (18)
19. Pr/nc/pal Tax Dun
q06,617.67 X O0 : .00
6,395.50 X Oq5: 287.80
.00 x 12 : .00
65q,Oq3.9q x 15 : 98,106.59
~ . ~1~= 98,39q.259
AMOUNT pAID
90,000.00
936.71
TOTAL TAX CREDIT
BALANCE OF TAX DUE
INTEREST AND PEN.
TOTAL DUE
( ZF TOTAL DUE ZS LESS THAN $1, NO PAYMENT ZS REQUIRED.
ZF TOTAL DUE 1S REFLECTED AS A "CREDIT" (CR), YOU MAY DE DUE
A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.)
reflect figures that include the total of ALL returns assessed to date.
95,6725.55
2,720.8q
q9.85
2,770.69
Z~ an assessment was issued previously, lines 14, 15 and/or 16, 17, 18 and 19 wil1
(11) qq.7qq.~7
(lZ) 1,q28,6025.7q
(13) 2561,5q6.63
(lq) 1,067,057.11
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
BUREAU OF INDIVIDUAL TAXES
DEPT. 280601
HARRISBURG, PA 1 7 1 28-0 601 PENNSYLVANIA
RECEIVED FROM: INHERITANCE AND ESTATE TAX
OFFICIAL RECEIPT
ULSH JAMES A
3401 N.FRONT ST.
P.O. BOX 5950
HARRISBURG, PA 1 71 1 0-0950
fold
ESTATE INFORMATION: ssN: i 32-05-soa2
FILE NUMBER: 2102-0307
DECEDENT NAME: LEVINE WILLIAM J
DATE OF PAYMENT: 04/ 1 5/2003
POSTMARK DATE: 04/14/2003
COUNTY: CUMBERLAND
DATE OF DEATH: 03/07/2002
REMARKS: JAMES ULSH ESQUIRE
SEAL
CHECK#5628
ACN
ASSESSMENT
CONTROL
NUMBER
REV-1162EXI11-961
N0. CD 002447
AMOUNT
101 ~ 52,770.69
TOTAL AMOUNT PAID:
52,770.69
INITIALS: VZ
RECEIVED BY: DONNA M. OTTO
DEPUTY REGISTER OF WILLS
REGISTER OF WILLS
BUREAU OF INDIVIDUAL TAXES
XHHERZTANCE TAX DZVTSZON
DEPT. Z80601
HARR/SBURG., PA 171Z8-0601
JAMES A ULSH ESQ
HETTE ETAL
PO BOX 5950
HBG PA 171~
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
NOTICE OF DETERMINATION AND
ASSESSMENT OF PENNSYLVANIA
ESTATE TAX BASED ON FEDERAL
CLOSING LETTER
DATE 08-0q-2003
ESTATE OF LEVINE
DATE OF DEATH 03-07-2002
FILE NUMBER 21 02-0307
/:~ ~ .i/; ; ~iCOUNTY CUMBERLAND
ACN ZO2
Amount
RE¥-?S6 EX AFP (01-0~')
WILLIAM J
HAKE CHECK PAYABLE AND REMZT PAYMENT TO:
REGISTER OF WILLS
CUMBERLAND CO COURT HOUSE
CARLISLE, PA 17013
NOTE: To insure proper credit to your account, submit the upper portion of this form with your tax payment.
CUT ALONG THIS L'rNE ~ RETAIN LOWER PORT'rON FOR YOUR FILES ~
REV-736 EX AFP (01-02) az NOTICE OF DETERNZNATZON AND ASSESSNENT
OF PENNSYLVANIA ESTATE TAX BASED ON FEDERAL CLOSING LETTER az
ESTATE OF LEVINE WILLIAM J FZLE NO.21 02-0307 ACN 202 DATE 08-0q-2003
ESTATE TAX DETERMZNATZON
1. Credit For State Death Taxes as Verified Z7,7ql.7q
Z. PennsyIvania Inheritance Tax Assessed
(Excluding Discount and/or Interest)
3. Inheritance Tax Assessed by Other States
or Territories of the United States
(Excludgng D~scount and/or Interest)
Tote! Inheritance Tax Assessed
5. Pennsylvania Estate Tax Due
6. Amount of Pennsylvania Estate Tax Previously Assessed
Based on Federa! Estate Tax Return .00
7. Additiona! Pennsylvania Estate Tax Due .00
TAX CREDITS:
93,657.55
.00
93/657.55
.00
PAYMENT RECEIPT DISCOUNT (+)
DATE NUMBER INTEREST/PEN PAID (-) AMOUNT PAID
TOTAL TAX CREDIT I
I
BALANCE OF TAX DUE
INTEREST AND PEN.
TOTAL DUE
~ZF PAID AFTER THIS DATE, SEE REVERSE SIDE (TF TOTAL DUE ZS LESS THAN $1, NO PAYMENT ZS REQUIRED
FOR CALCULATTON OF ADDZTZONAL INTEREST. ZF TOTAL DUE ZS REFLECTED AS A "CREDIT" (CA), YOU MAY BE
DUE A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.)
.00
.00
.00
.00
PURPOSE OF
NOTICE:
PAYMENT:
REFUND CCR}:
OBJECTIONS:
ADMIN-
ISTRATIVE
CORRECTIONS:
PENALTY:
INTEREST:
To fulfill the requirements of Section Z140 of the Inheritance and Estate Tax Act, Act Z3 of ZOO0. (7Z P.S.
Section 91q0).
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 #ILLS, AGENT.
A refund of a tax credit amy ba requested by completing an "Application for Refund of Pennsylvania
Inheritance and Estate Tax" (REV-1315). Applications are available at the Office of tho Register of Nills,
any of the Z3 Revenue District Offices or from the Department's Iq-hour ansearing service for fores ordering:
1-800-362-Z050; services for taxpayers with special hearing and/or speaking needs: 1-800-q47-30ZO (TT only).
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 af Revenue, Board of Appeals, Dept. ZalOZl, Harrisburg, PA 17liB-lOg1,
--electing to have the matter determined at audit of the personal representative, OR
--appeal to the Orphans' Court
OR
Factual errors discovered on this assessment should ba addressed in writing to: PA Department of Revenue,
Bureau of Individual Taxesj ATTN: Post Assessment Review Unit, Dept. ZB0601, Harrisburgj PA 171Z8-0601,
Phone [717) 787-650S. Sea page 5 of the booklet "Instructions for Inheritance Tax Return for a Resident
Decedent" (REV-1501) for an explanation of administratively correctable errors.
The 1SI tax amnesty non-participation penalty is computed on the total of the tax and interest assessed, and not
paid before January 18, 1996, the first day after the and of the tax amnesty parted. This non-participation
penalty ts appealable tn 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.
Additional Pennsylvania Estate Tax assessed as a result of a change on the Federal Estate Tax closing
letter becomes delinquent at the expiration of Dna (1) month from the date the final notice of the increase
tn Federal Estate Tax is received.
Taxes which became delinquent before January 1, 198Z bear interest at the rate of six (6Z) percent per annum
calculated at a daily rate of .000164. 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 tho PA
Department of Revenue. The applicable interest rates far 198Z through ZOOZ ara:
Year lnterast Rate Daily Interest Factor Year Interest Rate Daily lntarast Factor
199Z 92 ,OOOZ4?
198Z ZOZ .0005¢8
1983 162 .000438 1993-199¢ 72 .000192
1984 llZ .000301 1995-1998 92 .000Z¢7
1985 132 .000356 1999 72 .O0019Z
1986 10Z .00027¢ ZOOO 82 .O00Z19
1987 9X .000247 ZOO1 9Z .000Z¢7
1988-1991 llZ .go0301 ZOO2 6Z .00016¢
--Interest is calculated as follows:
INTEREST = BALANCE OF TAX UNPAID X NUMBER OF DAYS DELTNI~UENT 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 tho assessment. If payment is made after the interest computation date shown on the
Notice, additional interest must ba calculatad.
BUREAU OF ZNDZVTDUAL TAXES
ZNHERTTANCE TAX DIVISION
DEPT. 280601
HARRISBURG, PA 17128-n601
COMMONWEALTH OF PENNSYLVANZA
DEPARTMENT OF REVENUE
ZNHERZ'I'ANCE TAX
STATEHENT OF ACCOUNT
REV-260? EX AFP (01-03)
DATE 05-05-2003
ESTATE OF LEVINE
DATE OF DEATH 03-07-2002
FZLE NUMBER 21 02-0307
COUNTY CUMBERLAND
dAMES A ULSH ESQ ACN 101
METTE ETAL
PO BOX 5950 I Amount Remitted
HBG PA 17110
WILLIAM
MAKE CHECK PAYABLE AND REMIT PAYMENT TO:
REGISTER OF WILLS
CUMBERLAND CO COURT HOUSE
CARLISLE, PA 17013
NOTE: To Lnsure proper credLt to your account, submit the upper portion of thLs form with your tax payment.
CUT ALONG TH'rS LINE ~ RETAZN LONER PORT'rON FOR YOUR RECORDS -~
REV-1607 EX AFP (01-03) ~ 'rNHERZTANCE TAX STATEMENT OF ACCOUNT ~
ESTATE OF LEVINE
WILLIAM J F/LE N0.21 02-0307 ACN 101 DATE 05-05-2003
THIS STATEHENT ZS PROV/DED TO ADVISE OF THE CURRENT STATUS OF THE STATED ACN ZN THE NAMED ESTATE. SHOWN BELOW
IS A SUMMARY OF THE PR[NCZPAL TAX DUE, APPLZCAT/ON OF ALL PAYHENTS, THE CURRENT BALANCE, AND, ZF APPLICABLE,
A PROJECTED INTEREST F/gURE.
DATE OF LAST ASSESSMENT OR RECORD ADJUSTMENT: 03-31-2003
PRINCIPAL TAX DUE: ...........................................................................................................................................................................................................................
PAYMENTS (TAX CREDITS):
98,39q.39
PAYMENT RECEIPT DISCOUNT (+)
DATE NUMBER INTEREST/PEN PAID (-) AMOUNT PAID
q,736.8q
06-05-2002
12-05-2002
Oq-1q-2003
CD001263
CD001915
CDOOZqq7
.00
49.48-
90,000.00
956.71
2,770.69
ZF PAID AFTER THZS DATE, SEE REVERSE
SZDE FOR CALCULATZON OF ADDITIONAL INTEREST.
( ZF TOTAL DUE ZS LESS THAN $1~
NO PAYMENT 1S REQUIRED.
ZF TOTAL DUE ZS REFLECTED AS A "CREDIT"
TOTAL TAX CREDIT
BALANCE OF TAX DUE
98,394.76
· 37CR
INTEREST AND PEN. .00
TOTAL DUE .37CR
YOU MAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS. )
PAYMENT:
Detach the top portion of this Notice and submit with your payment made payabZe to the name and address
printed an the reverse side.
-- If RESIDENT DECEDENT make check or money order payable to: REGTSTER OF #/LLS, AGENT.
-- If NON-RESIDENT DECEDENT make check or money order payabla to: COMMONWEALTH OF PENNSYLVANTA.
REFUND (CR): A refund of a tax credit, mhich was not requested on the Tax Return, may be requested by completing an
"Application for Rafund of Pennsylvania Inheritance and Estate Tax" (REV-1313). Applications are available at
the Office of the Register of NiIIs, any of the 13 Revenue District Offices or from the Department's Zq-hour
ansaaring service for forms ordering: 1-800-361-Z050~ services for taxpayers with special hearing and / or
spaaking needs: 1-800-qq7-3010 (TT
REPLY TO:
guestians regarding errors contained on this notice should be addressed to: PA Department of Revenue, Bureau
of IndividuaZ Taxes, ATTN: Post Assessment Review Unit, Dept. Z&060I, Harrisburg, PA ITIZS-06Ol, phone
(717) 787-6S05.
DISCOUNT: If any tax due is paid within three (3) calendar months after the decadent's death, a fiva percent (51) discount
of the tax paid is alZomed.
PENALTY:
The 1SI tax amnesty non-participation penalty is computed on the total of the tax and interest assessed, and not
paid before January 18, 1996, the first day after the end of the tax amnesty period.
INTEREST:
Interest is charged beginning with first day of delinquency, or nine (9) months and one (1) day from the date of
death, to the date of payment. Taxes which became daIinquent before January 1, 1982 bear interest at the rate of
six (61) percent per annum calculated at a daily rate of .00016q. A11 taxes which became delinquent on and after
January 1, 1981 will bear interest at a rate which will vary from calendar year to calendar year with that rate
announced by the PA Dapartment of Revenue. The applicable interest rates for 1981 through Z003 ara:
Interest Daily Interest Oaily Interest
Year Rate Factor Year Rate Factor Year Rate
Daily
Factor
I982 ZOZ .0005q8 1987 91 .0002~7 1999 7Z .000191
1983 16Z .000438 1988-1991 llZ .000301 ZOO0 8Z .O00ZX9
1964 III .000301 1992 9Z .000247 ZOOl 9Z .000247
1985 13Z .000356 1993-1994 71 .000191 ZOOZ 61 ,O0016q
1986 IOZ .O00ZTq 1995-1998 9Z .000247 2003 52 .000137
--Xntarast is calculated as follows:
INTEREST = BALANCE OF TAX UNPA/D X NUI~BER OF DAYS DELTNgIUENT X DATLY INTEREST FACTOR
--Any Notice issued after the tax becomes dalinquant wilt refract an interest calculation to fifteen (15) days
beyond tha date of the assessment. If payment is made after the interest computation date shown on tha
Notice, additional interest must be calculated.
IN THE COURT OF COMMON PLEAS
OF CUMBERLAND COUNTY, PENNSYLVANIA
ORPHANS' COURT DIVISION
NO. 2002-00307
FIRST AND FINAL ACCOUNT OF
ANGELENE A. LEVINE, EXECUTRIX OF THE
ESTATE OF WILLIAM J. LEVINI~
Date of Death:
Date of Executrix's Appointment:
Accounting for the Period:
Date of Complete Advertisement of Letters
in the Cumberland Law Journal:
Date of Complete Advertisement of Letters
in The Sentinel:
March ~., 2002
March J6, 2002
March 7, 2002 to
June 15, 2004
May 24, 2002
May 14, 2002
Purpose of Account: The Executrix offers this account to acquaint interested parties
with the transactions that have occurred during her administration of the estate.
It is important that the account be carefully examined.
Requests for additional information or questions or objections can be discussed with:
Angelene A. Levine
3428 Logan Street
Camp Hill, PA 17011
or
James A. Ulsh, Esquire
Vicky Ann Trimmer, Esquire
Mette, Evans & Woodside
3401 North Front Street
P.O. Box 5950
Harrisburg, PA 17110-0950
(717) 232-5000
399959vl
SUMMARY OF ACCOUNT
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
Principal
Receipts
Net Gain (or Loss} on Sales or
Other Dispositions
Other Receipts
Less Disbursements:
Taxes
Balance before Distributions
Distributions to Beneficiaries
Principal Balance on Hand
For Information:
Changes in Investment Holdings
Page
1-5
6-il
12
13-17
18
19-29
Fiduciary
Acquisition
Value
$1,473,348.11
-4,885.71
0.00
$1,468,462.40
93,707.40
$1,374,755.00
1,374,755.00
$ 0.00
Income
Receipts
Less Disbursements
Balance before Distributions
Distributions to Beneficiaries
income Balance on Hand
30-47
48
91,314.94
0.00
91,314.94
68,559.76
22,755.18
Combined Balance on Hand $ 22,755.18
RECEIPTS OF PRINCIPAL
Estate of William J. Levine
As of 06/18/2004
Page 1
Assets Listed in Inventory
(Valued as of date of death)
Honey Market Accounts
Janney Montgomery Honey Market
$36.29 Accrued Interest
Municipal Bonds
Abington PA Sch Dist Bond
15,000 Units
Allegheny Cry PA 5.0% Bend
25,000 Units
Allegheny Cty PA 6.0% Bond
!0,000 Units
Allegheny PA Hosp Dev Bond
5,000 Units
Alteena PA Bend
15,000 Units
Berks Cry PA FGIC Bend
10,000 Units
Blairsville-Saltsburg Bond
5,000 Units
Central Dauphin PA 5.0% Bond
25,000 Units
Central Dauphin PA Sch Bond
20,000 Units
Central Dauphin PA Sch Dist 4.5%
5,000 Units
Derry PA Area Sch Dist 02/01/21 5.5
20,000 Units
Derry PA Area 8ch Dist 5.5% 2/01/14
15,000 Units
Derry Twp PA San Swr Auth Bond
!0,000 Units
Derry Twp PA Sch Dist 4.5 11/15/02
15,000 Units
Erie PA Wtr Auth Bend
10,000 Units
Gateway PA Sch Dist Bend
5,000 Units
General HcLane School Dist Bend
20,000 Units
Lancaster PA Area Swr Auth Bond
5,000 Units
Lower Bucks Cnty PA Bond
25,000 Units
Lower Providence Twp Bond
10,000 Units
Hethacten PA Sch Dist Bond
25,000 Units
$ 14,783.55
26,290.00
1i,075.40
5,223.55
14,339.55
10,282.40
5,056.25
26,838.75
20,603.40
5,060.90
20,090.80
15,357.15
10,925.60
15,110.10
10,201.00
5,281.00
20,434.40
5,556.00
25,843.00
10,091.30
28,460.00
Fiduciary
Acquisition
Value
80,424.84
RECEIPTS OF PRINCIPAL
Estate of William J. Levine
As of 06/18/2004
Page 2
Assets Listed in Inventory
{Valued as of date of death}
Montgomery Cnty PA Bond
10,000 Units
North Penn PA Sch Dist Bond
10,000 Units
PA Hsg Fin Agy 5.45% Bond
10,000 Units
PA Nsg Fin Agy Bond 5.3%
15,000 Units
PA Intergovtl Coop Bond 06/15/21
15,000 Units
PA Intergovtl Coop Bond 5.05%
5,000 Units
PA Intergvrmnt Coop Bond 6.7%
20,000 Units
PA Intergvt Coop Bond 5.0% 06/15/06
15,000 Units
PA St First Ser 5.0% Bond
25,000 Units
PA St First Set 5.125% Bond
25,000 Units
PA St HEFA 5.35% Bond
25,000 Units
PA St HFA SFM 5.9% Bond
25,000 Units
PA St Hight Edl Facs Bond
5,000 Units
PA St Indl Der Auth Bond
30,000 Units
PA St Second Ser Bond 5.2%
10,000 Units
PA St Second Series 5.0% Bond
10,000 Units
PA St Third Set 4.5% Bond 12/01/07
25,000 Units
PA St Third Set 4.5% Bond 12/01/10
15,000 Units
PA St Tpk Crr~nn 5.25% Bond 12/01/16
35,000 Units
PA St Tpk C~mn Bond 12/01/14
50,000 Units
PA St Univ Bond
10,000 Units
Penn Hills PA Ambac OID Bond
10,000 Units
Penn Intergvrnmntl Coop Bond 5.15%
35,000 Units
Penn Manor Sch Dist PA Bond
10,000 Units
$ 10,846.40
10,836.30
10,137.30
15,909.00
14,870.55
5,168.35
22,421.20
16,050.45
26,703.75
26,859.50
26,000.25
26,065.25
4,554.75
31,284.30
10,639.80
10,767.50
26,232.75
15,460.20
36,292.90
52,477.00
10,312.30
10,332.40
36,501.50
10,802.00
Fiduciary
Acquisition
Value
RECEIPTS OF PRINCIPAL
Estate of William J. Levine
As of 06/18/2004
Page 3
Assets Listed in Inventory
(Valued as of date of death)
Penn St CTFS Partn Bond
5,000 Units
Penn St Hghr Ed Bond
20,000 Units
Penn St Hi Ed Facs Ath Bond
5,000 Units
Penn-Trafford PA Sch Bond
10,000 Units
Pgh PA Wtr & Swr 5.0% Bond
!0,000 Units
Phila PA Arpt Bond
40,000 Units
Phila PA Auth for IDA Bond
5,000 Units
Phila PA Auth for Indl Dev Bond
5,000 Units
Phila PA Gas Wks Bond
10,000 Units
Phila PA Gas Wks Bond 5.25%
20,000 Units
Phila PA Sch Dist Bond 6.25%
20,000 Units
Phila PA Wtr & Wstwtr Bond
25,000 Units
Pine Richland PA Bond
25,000 Units
Pitts & Allegheny Co PA Bond
25,000 Units
Pittsburgh PA Rfdg Set Bond 4.5%
25,000 Units
Pittsburgh PA Sch Dist 4.3% Bond
10,000 Units
Pittsburgh PA W&S Auth Bond
10,000 Units
Pittsburgh PA Wtr & Swr 5.0% Bond
25,000 Units
Pittsburgh PA Wtr & Swr Bond 4.7%
25,000 Units
Pittsburgh PA Wtr & Swr Bond 5.6%
50,000 Units
Reading PA Sch Auth Bond
5,000 Units
Ringgold PA Sch Dist Bond
35,000 Units
Scranton PA Bond
15,000 Units
Shaler PA Area Sch Dist Bond
5,000 Units
$ 5,022.75
20,344.60
5,136.25
10,760.00
9,965.10
41,520.40
5,226.65
4,821.60
12,280.30
21,288.20
22,188.20
27,510.75
27,794.25
25,430.00
26,048.00
10,204.50
12,190.60
25,141.75
26,320.25
54,557.00
5,123.00
40,704.65
15,572.10
5,129.05
Fiduciary
Acquisition
Value
RECEIPTS OF PRINCIPAL
Estate ef William J. Lev!ne
As of 06/18/2004
Page 4
Assets Listed in Inventory
(Valued as of date ef death}
Silver Spring Twp Bond
5,000 Units
Southeastern PA Trans Auth Bend
10,000 Units
St Pub Sch Bldg Auth PA Bond
30,000 Units
State Pub Sch Bldg Auth Bond
15,000 Units
Tarentum Bor PA Bond
15,000 Units
Tredyffrin Twp PA Rfdg Bond
10,000 Units
Trinity ASD PA Bend
10,000 Units
Upper Allen Twp PA Bond
15,000 Units
Wayne Cnty PA Hsp & Hlth Bend
10,000 Units
Wilkinshurg Penn PA Bend
5,000 Units
Yerk Cnty PA Hosp Auth Bond
5,000 Units
Individual Retirement Accts
Janney Hentgemery Scett IRA
TOTAL INVENTORY
$ 4,947.45
10,662.50
30,562.20
15,337.20
15,268.20
10,682.80
10,506.40
16,246.95
10,896.20
5,113.35
6,211.65
Fiduciary
Acquisition
Value
$1,371,144.65
21,778.62
$1,473,348.11
RECEIPTS OF PRINCIPAL
Estate ef William J. Levine
As of 06/18/2004
Receipts Subsequent to Inventory
(Valued when received)
04/17/2002 Hopewell PA Area SD Bond
TOTAL RECEIPTS SUBSEQUENT TO INVENTORY
SUHMARY
Tetal Inventery
TOTAL RECEIPTS OF PRINCIPAL
$ 0.00
Page 5
$ 0.00
$1,473,348.11
$1,473,348.11
GAINS AND LOSSES ON SALES OR OTHER DISPOSITIONS
Estate ef William J. Levine
For Period 03/07/2002 Through 06/18/2004
04/04/2002 Sale of 5,000 units of Penn St. Hi Ed Facs
Ath Bond, CPN 4.9%; DUE 05/01/08
5,000 Units
Net Proceeds $ 5,000.00
Fiduciary Acquisition Value 5,136.25
Net Loss
04/22/2002 Sale ef 20,000 units of Penn St Hghr Ed Bend;
CPN 7.05%, DUE 10/01/16
20,000 Units
Net Proceeds
Fiduciary Acquisition Value
Net Loss
$ 20,300.00
20,344.60
05/01/2002 Redemption of Lower Providence Twp. municipal
bend
10,000 Units
Net Proceeds
Fiduciary Acquisition Value
Net Loss
$ !0,000.00
10,091.30
05/15/2002 Redemption ef Blairsville-Saltsburg bond
5,000 Units
Net Proceeds $ 5,000.00
Fiduciary Acquisition Value 5,056.25
Net Loss
05/15/2002 Redemption ef Derry Twp PA Sch Dist bend
15,000 Units
Net Proceeds
Fiduciary Acquisition Value
$ 15,000.00
15,110.10
Gain
Page 6
Loss
$ 136.25
44.60
91.30
56.25
Net Loss 110.10
GAINS AND LOSSES ON SALES OR OTHER DISPOSITIONS
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
Page 7
05/30/2002 Sale of Pine Richland PA bond
25,000 Units
Gain
Loss
Net Proceeds
Fiduciary Acquisition Value
Net Loss
$ 27,436.19
27,794.25
07/01/2002 Redemption of Erie PA Wtr Auth bond
10,000 Units
$ 358.06
Net Proceeds
Fiduciary Acquisition Value
Net Loss
$ 10,000.00
10,201.00
08/15/2002 Sale of PA St Univ Second municipal bond
!0,000 Units
201.00
Net Proceeds
Fiduciary Acquisition Value
Net Loss
$ 10,200.00
10,312.30
08/15/2002 Sale of Wilkinsburg Penn PA municipal bond
5,000 Units
112.30
Net Proceeds
Fiduciary Acquisition Value
Net Loss
$ 5,000.00
5,113.35
11/15/2002 Sale of Berks Cnty PA FGIC Rog Bond
I0,000 Units
113.35
Net Proceeds
Fiduc,ary Acquisition Value
Net Less
11/18/2002 Sale of Lower Bucks Cnty PA Bond
25,000 Units
$ 10,000.00
10,282.40
282.40
Net Proceeds
Fiduciary Acquisition Value
$ 25,000.00
25,843.00
Net Loss 843.00
GAINS AND LOSSES ON SALES OR OTHER DISPOSITIONS
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
Page 8
12/02/2002 Redemption of 10,000 units of Penn Hills PA
Ambac OID bond
10,000 Units
Gain
Loss
Net Proceeds
Fiduciary Acquisition Value
Net Loss
$ 10,000.00
10,332.40
12/02/2002 Redemption of 5,000 units of Reading PA Sch
Auth Bend
5,000 Units
332.40
Net Proceeds $ 5,000.00
Fiduciary Acquisition Value 5,123.00
Net Loss
01/02/2003 Redemption of 10,000 units of Allegheny Cnty
PA Arpt 5.625% 01/01/23
10,000 Units
123.00
Net Proceeds
Fiduciary Acquisition Value
Net Gain
$ 10,200.00
10,100.00
02/03/2003 Redemption of 20,000 units of Derry Twp. Area
Sch Dist Bend, 5.5% DUE 02/01/21
20,000 Units
100.00
Net Proceeds
Fiduciary Acquisition Value
Net Loss
$ 20,000.00
20,090.80
02/03/2003 Redemption of Derry PA Area Sch Dist Bond,
5.5% DUE 02/01/14
15,000 Units
90.80
Net Proceeds
Fiduciary Acquisition Value
$ 15,000.00
15,357.15
Net Loss 357.15
GAINS AND LOSSES ON SALES OR OTHER DISPOSITIONS
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
Page 9
04/02/2003 Sale of 50,000 units of Hopewell PA Area SD
0.00% 09/01/22
50,000 Units
Gain
Loss
Net Proceeds
Fiduciary Acquisition Value
Net Gain
$ 18,250.00
16,898.50
04/02/2003 Sale of 15,000 units of PA Intergovtl Coop
5.0% 06/15/21
15,000 Units
$ 1,351.50
Net Proceeds
Fiduciary Acquisition Value
Net Gain
$ 15,000.00
14,870.55
04/02/2003 Sale of 5,000 units of Phila PA Auth for Indl
Der 5.0% 07/01/23
5,000 Units
129.45
Net Proceeds $ 4,950.00
Fiduciary Acquisition Value 4,821.60
Net Gain
04/02/2003 Sale of 25,000 units of Butler PA Area Sch
Dist 4.75% 10/01/22
25,000 Units
128.40
Net Proceeds
Fiduciary Acquisition Value
Net Gain
$ 24,750.00
23,897.25
04/02/2003 Sale of 35,000 units of Westmoreland Cnty
4.625% 12/01/21
35,000 Units
852.75
Net Proceeds
Fiduciary Acquisition Value
$ 34,431.25
35,000.00
Net Loss $ 568.75
GAINS AND LOSSES ON SALES OR OTHER DISPOSITIONS
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
Page 10
04/10/2003 Sale of 5,000 units of Hampton Twp.
02/01/27
5,000 Units
PA 5.0%
Gain
Loss
Net Proceeds $ 4,987.50
Fiduciary Acquisition Value 4,964.55
Net Gain
04/10/2003 Sale of 5,000 units of Pennsylvania PA Tpke
5.0% 07/15/31
5,000 Units
22.95
Net Proceeds $ 4,987.50
Fiduciary Acquisition Value 4,961.65
Net Gain
04/10/2003 Sale of 5,000 units of Red Lion PA Area SD
4.75% 04/15/22
5,000 Units
25.85
Net Proceeds $ 4,900.00
Fiduciary Acquisition Value 4,782.25
Net Gain
06/02/2003 Redemption of 20,000 units of Central Dauphin
PA Sch municipal bond, 4.2%, 06/01/03
20,000 Units
117.75
Net Proceeds
Fiduciary Acquisition Value
Net Loss
$ 20,000.00
20,603.40
06/16/2003 Redemption of 5,000 units of PA Intergovtl
Coop municipal bend, 5.05%, 06/15/06
5,000 Units
$ 603.40
Net Proceeds $ 5,000.00
Fiduciary Acquisition Value 5,168.35
Net Less 168.35
GAINS AND LOSSES ON SALES OR OTHER DISPOSITIONS
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
Page 11
06/16/2003 Redemption of 35,000 units of Penn
Intergvrnmnntl Coop municipal bond,
06/15/05
35,000 Units
5.15%,
Gain
Loss
Net Proceeds
Fiduciary Acquisition Value
Net Loss
$ 35,000.00
36,501.50
06/16/2003 Redemption of 40,000 units of Phila PA Arpt
municipal bond, 5.2%, 06/15/03
40,000 Units
$ 1,501.50
Net Proceeds
Fiduciary Acquisition Value
Net Loss
Total Gains and Losses
Less Gain
Net Loss
$ 40,000.00
41,520.40
$2,728. 65
1,520.40
$7, 614.36
2,728.65
$ 4,885.71
DISBURSEMENTS OF PRINCIPAL
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
Page 12
Taxes
06/05/2002 Cumberland County Register of Wills, Agent
prepayment ef inheritance tax
12/24/2002 Register of Wills, Agent - balance ef
inheritance tax (reimbursed te Angelene)
04/14/2003 Register of Wills, Agent - balance of PA
inheritance tax
TOTAL DISBURSEHENTS OF PRINCIPAL
$ 90,000.00
936.71
2,770.69
$ 93,707.40
$ 93,707.40
DISTRIBUTIONS OF PRINCIPAL TO BENEFICIARIES
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
Page 13
To: Angelene A. Levine
Distribution to designated beneficiary
04/18/2002 Janney Montgomery Scott IRA
$ 21,778.62
To: William Levine Trust A
Distribution to Trust A, Unified Credit Trust
06/18/2003 Abingten PA Sch Dist Bond
15,000 Units
06/18/2003 Allegheny Cty PA 5.0% Bend
25,000 Units
06/18/2003 Allegheny Cty PA 6.0% Bond
10,000 Units
06/18/2003 Allegheny PA Hosp Dev Bond
5,000 Units
06/18/2003 Allentown PA FGIC 5.5% 10/15/14
10,000 Units
06/18/2003 Altoona PA Bond
15,000 Units
06/18/2003 Bucks Cry PA AMBAC W&S 4.5% 12/1/19
25,000 Units
06/18/2003 Central Dauphin PA Sch Dist 4.5%
5,000 Units
06/18/2003 Central Dauphin Prerefunded SR
5,000 Units
06/18/2003 Central Dauphin Unrefunded Balance
20,000 Units
06/18/2003 Centre Cnty PA Hghr Ed 0% 4/01/10
15,000 Units
06/18/2003 Delaware River Port 5.5% 01/01/26
20,000 Units
06/18/2003 Delaware River Port 5.5% 01/01/26
Accrued Interest
06/18/2003 Derry Twp PA San Swr Auth Bond
10,000 Units
$ 14,783.55
26,290.00
11,075.40
5,223.55
11,042.00
14,339.55
25,000.00
5,060.90
5,367.75
21,471.00
11,289.00
22,000.00
507.22
10,925.60
DISTRIBUTIONS OF PRINCIPAL TO BENEFICIARIES
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
06/18/2003 East Marlborough Twp 2.9% 12/15/05
25,000 Units
06/18/2003 Gateway PA Sch Dist Bond
5,000 Units
06/18/2003 General McLane School Dist Bond
20,000 Units
06/18/2003 Lancaster PA Area Swr Auth Bond
5,000 Units
06/18/2003 Lower Makefield 4.05% 12/01/14
5,000 Units
06/18/2003 Methacton PA Sch Dist Bond
25,000 Units
06/18/2003 Montgomery Cnty PA Bond
10,000 Units
06/18/2003 North Penn PA Sch Dist Bond
10,000 Units
06/18/2003 North Penn Wtr Auth 7.0% 11/01/24
15,000 Units
06/18/2003 PA Convention Ctr Auth Bond
10,000 Units
06/18/2003 PA Hsg Fin Agy 5.45% Bond
10,000 Units
06/18/2003 PA Hsg Fin Agy Bond 5.3%
15,000 Units
06/18/2003 PA Intergvrmnt Coop Bond 6.7%
20,000 Units
06/18/2003 PA Intergvt Coop Bond 5.0% 06/15/06
15,000 Units
06/!8/2003 PA St First Set 5.0% Bond
25,000 Units
06/18/2003 PA St FirsE Ser 5.125% Bond
25,000 Units
06/18/2003 PA St HEFA 5.35% Bond
25,000 Units
25,918.50
5,281.00
20,434.40
5,556.00
5,000.00
28,460.00
10,846.40
10,836.30
16,622.70
11,550.00
10,137.30
15,909.00
22,421.20
16,050.45
26,703.75
26,859.50
26,000.25
Page 14
DISTRIBUTIONS OF PRINCIPAL TO BENEFICIARIES
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
06/18/2003 PA St HFA SFM 5.9% Bond
25,000 Units
$ 26,065.25
06/18/2003 PA St Hight Edl Facs Bond
5,000 Units
4,554.75
06/18/2003 PA St Indl Dev Auth Bond
30,000 Units
31,284.30
06/18/2003 PA St Second Set 5.25% 10/01/09
10,000 Units
11,287.00
06/18/2003 PA St Second Ser 5.25% 10/01/09
Accrued Interest
3.12
06/18/2003 PA St Second Set Bond 5.2%
10,000 Units
10,639.80
06/18/2003 PA S~ Second Series 5.0% Bond
10,000 Units
10,767.50
06/18/2003 PA St Third Set 4.5% Bond 12/01/06
20,000 Units
21,907.80
06/18/2003 PA St Third Ser 4.5% Bond 12/01/07
25,000 Units
26,232.75
06/18/2003 PA St Third Set 4.5% Bond 12/01/10
15,000 Units
15,460.20
06/18/2003 PA St Tpk Cr~nn 5.25% Bond 12/01/16
35,000 Units
36,292.90
06/18/2003 PA St Tpk Cr~m Bond 12/01/14
50,000 Units
52,477.00
06/18/2003 Penn Manor Sch Dist PA Bond
10,000 Units
10,802.00
06/18/2003 Penn St CTFS Partn Bond
15,000 Units
15,122.04
06/18/2003 Penn St Tpk Con~ll Oil 6.0%
10,000 Units
11,049.00
06/18/2003 Penn St Tpk Comm Oil 6.0% 12/01/14
25,000 Units
27,444.25
Page 15
06/18/2003 Penn-Trafford PA Sch Bond 10,760.00
10,000 Units
DISTRIBUTIONS OF PRINCIPAL TO BENEFICIARIES
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
06/18/2003 Phila PA Auth for IDA Bond
5,000 Units
$ 5,226.65
06/18/2003 Phila PA Gas Wks Bond
10,000 Units
12,280.30
06/18/2003 Phila PA Gas Wks Bond 5.25%
20,000 Units
21,288.20
06/18/2003 Phila PA Sch Dist Bond 6.25%
20,000 Units
22,188.20
06/18/2003 Phila PA Ser B 6.0% 11/15/13
20,000 Units
22,056.60
06/18/2003 Phila PA Wtr & Wstwtr Bond
25,000 Units
27,510.75
06/18/2003 Pittsburgh PA Sch Dist 4.3% Bond
10,000 Units
10,204.50
06/18/2003 Pittsburgh PA Wtr & Swr Bond 4.7%
25,000 Units
26,320.25
Page 16
Total for William Levine Trust A
To: William Levine Trust B
Distribution to Trust B, Marital Trust
06/18/2003 Cash
06/18/2003 Pgh PA Wtr & Swr 5.0% Bond
10,000 Units
06/18/2003 Pitts & Allegheny Co PA Bond
25,000 Units
06/18/2003 Pittsburgh PA Rfdg Set Bond 4.5%
25,000 Units
06/18/2003 Pittsburgh PA W&S Auth Bond
10,000 Units
06/18/2003 Pittsburgh PA Wtr & Swr 5.0% Bond
25,000 Units
06/18/2003 Pittsburgh PA Wtr & Swr Bond 5.6%
50,000 Units
06/18/2003 Ringgold PA Sch Dist Bond
35,000 Units
62,650.60
9,965.10
25,430.00
26,048.00
12,190.60
25,141.75
54,557.00
40,704.65
$938,187.38
DISTRIBUTIONS OF PRINCIPAL TO BENEFICIARIES
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
06/18/2003 Scranton PA Bond
15,000 Units
06/18/2003 Shaler PA Area Sch Dist Bond
5,000 Units
06/18/2003 Silver Spring Twp Bond
5,000 Units
06/18/2003 Southeastern PA Trans Auth Bond
10,000 Units
06/18/2003 St Pub Sch Bldg Auth PA Bond
30,000 Units
06/18/2003 State Pub Sch Bldg Auth Bond
15,000 Units
06/18/2003 Tarentum Bor PA Bond
15,000 Units
06/18/2003 Tredyffrin Twp PA Rfdg Bond
10,000 Units
06/18/2003 Trinity ASD PA Bond
10,000 Units
06/18/2003 Upper Allen Twp PA Bond
10,000 Units
06/18/2003 Wayne Cnty PA Hsp & Hlth Bond
10,000 Units
06/18/2003 York Cnty PA Hosp Auth Bond
5,000 Units
06/20/2003 Wallingford Swarthmore 5.125%
10,000 Units
06/20/2003 Wallingford Swarthmore 5.125%
Accrued Interest
Total for William Levine Trust B
TOTAL DISTRIBUTIONS OF PRINCIPAL TO BENEFICIARIES
$ 15,572.10
5,129.05
4,947.45
10,662.50
30,562.20
15,337.20
15,268.20
10,682.80
10,506.40
11,246.95
10,896.20
6,211.65
11,030.20
48.40
Page 17
$414,789.00
$1,374,755.00
PRINCIPAL BALANCE ON HAND
Estate of William J. Levine
As of 06/18/2004
Page 18
Money Market Accounts
JMS Estate Money Market
Less: Income balance on hand
PRINCIPAL BALANCE ON HAND
Current
Value
Carrying
Value
$ 22,755.18 $ 22,755.18
$ 22,755.18 $ 22,755.18
22,755.18 22,755.18
$ 0.00 $ 0.00
INFORMATION SCHEDULES
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
Page 19
Changes in Investment Holdings
JHS Estate Money Market
04/17/2002 Purchase of 50,000 units of Hopewell PA Area
SD municipal bond
04/17/2002 Purchase of 5,000 units of Red Lion PA Area
Sch Dist 4.75% 04/15/22
05/03/2002 Purchase of 25,000 units of Butler PA Area
Sch Dist 4.75% 10/01/22
05/03/2002 Purchase of 5,000 units of Hampton Twp. PA
5.0% 02/01/27
05/03/2002
06/05/2002
08/02/2002
12/24/2002
01/31/2003
Purchase of 5,000 units of Pennsylvania PA
Tpke 5.0% 07/15/31
Cumberland County Register of Wills, Agent -
prepayment of inheritance tax
Purchase of 15,000 units of Centre Cnty PA
Hghr Ed municipal bond
Register of Wills, Agent - balance of
inheritance tax (reimbursed to Angelene)
Purchase of 20,000 units of PA St Third Set
municipal bond
CPN 4.5% DUE 12/01/06
02/05/2003 Purchase of 25,000 units of Bucks Cnty PA
AMBAC Water & Swr Bond
02/05/2003
02/05/2003
Purchase of 5,000 units of Lower Makefield
Twp. PA bond
Purchase of 10,000 units of PA Convention Ctr
Auth Bend
02/05/2003 Purchase of 35,000 units of Westmoreland Cnty
4.625% 12/01/21
02/07/2003 Purchase of 15,000 units of North Penn Wtr
Auth bond
02/07/2003 Purchase of 10,000 units of Penn St Tpk Co~
Oil Franchise bond
$512,175.82
-16,898.50
-4,786.87
-24,019.30
-4,990.24
-5,040.12
-90,000.00
-11,289.00
-936.71
-22,067.80
-25,009.38
-5,006.50
-11,815.00
-35,121.41
-16,917.28
-11,167.33
INFORMATION SCHEDULES
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
Page 20
02/07/2003
03/05/2003
03/31/2003
04/02/2003
04/02/2003
04/14/2003
06/12/2003
06/12/2003
Purchase of 20,000 units of Phila PA Set B
bond
Purchase of 10,000 units of Allentown PA FGIC
5.5% 10/15/14
Purchase of 10,000 units of PA St Second Set
5.25% 10/01/09
Purchase of 25,000 units of East Marlborough
Twp. PA bond 2.9% 12/15/05
Purchase of 25,000 units of Penn St Tpk Comm
Oil 6.0% 12/01/14
Register of Wills, Agent - balance of PA
inheritance tax
Purchase of 20,000 units of Delaware River
Port bond, 5.5%, 01/01/26
Purchase of 10,000 units of Wallingford
Swarthmore PA bond, 5.125%, 05/15/16
Janney Montgomery Money Market
03/15/2002 Collection of accrued dividends on JMS Money
Market acct.
03/25/2002 Purchase of 10,000 units of Allegheny Cnty PA
Arpt 5.625% 01/01/23
03/27/2002 Purchase of I0,000 units of Penn St CTFS
Partn municipal bond
04/16/2002 Close-out of JMS Acct. #5192-0425 and journal
into new Estate Acct. %5192-0374
Allegheny Cnty PA Arpt 5.625%
03/25/2002 Purchase of 10,000 units ef Allegheny Cnty PA
Arpt 5.625% 01/01/23
10,000 Units $135.94 Accrued Interest
07/01/2002 Ce!lection of accrued tax exempt interest
earned en municipal bend
8-22,346.60
-11,263.53
-11,290.12
-26,144.06
-27,969.25
-2,770.69
-22,507.22
-11,078.60
$ 87,354.28
-36.29
-10,235.94
-10,099.29
-66,982.76
$ 0.00
10,235.94
-135.94
$ 91,740.31
0.00
INFORMATION SCHEDULES
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
Page 21
01/02/2003 Redemption of 10,000 units of Allegheny Cnty
PA Arpt 5.625% 01/01/23
10,000 Units
Allentown PA FGIC 5.5% 10/15/14
03/05/2003 Purchase of 10,000 units of Allentown PA FGIC
5.5% 10/15/14
10,000 Units $221.53 Accrued Interest
04/15/2003 Collection of accrued tax exempt interest
earned on municipal bond
Berks Cry PA FGIC Bond
11/15/2002 Sale of Berks Cnty PA FGIC Rog Bond
10,000 Units
Blairsville-Saltsburg Bond
05/15/2002 Redemption of Blairsville-Saltsburg bond
5,000 Units
Bucks Cry PA AMBAC W&S 4.5% 12/1/19
02/05/2003 Purchase of 25,000 units of Bucks Cnty PA
AMBAC Water & Swr Bond
25,000 Units $9.38 Accrued Interest
06/02/2003 Collection of tax exempt interest earned on
municipal bond
Butler PA Area Sch 4.75% 10/01/22
05/03/2002 Purchase of 25,000 units of Butler PA Area
Sch Dist 4.75% 10/01/22
25,000 Units $122.05 Accrued Interest
$-10,100.00
$ 0.00
11,263.53
-221.53
$ 10,282.40
-10,282.40
$ 5,056.25
-5,056.25
$ 0.00
25, 009.38
9.38
$ 0.00
24, 019. 30
0.00
11,042.00
0.00
0.00
25,000.00
10/01/2002 Collection of tax exempt interest earned on
municipal bond -122.05
INFORMATION SCHEDULES
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
Page 22
04/02/2003 Sale of 25,000 units of Butler PA Area Sch
Dist 4.75% 10/01/22
25,000 Units
Central Dauphin PA 5.0% Bond
01/08/2003 Exchange from Central Dauphin PA 5.0%
12/01/08 to Central Dauphin PA Unrefunded
Balance 5.0% 12/01/08
20,000 Units
01/08/2003 Exchange from Central Dauphin PA 5.0%
12/01/08 to Central Dauphin PA Prerefunded SR
5.0% 12/01/08
5,000 Units
Central Dauphin PA Sch Bond
06/02/2003 Redemption of 20,000 units of Central Dauphin
PA Sch municipal bond, 4.2%, 06/01/03
20,000 Units
Central Dauphin Prerefunded SR
01/08/2003 Exchange from Central Dauphin PA 5.0%
12/01/08 te Central Dauphin PA Prerefunded SR
5.0% 12/01/08
5,000 Units
Central Dauphin Unrefunded Balance
01/08/2003 Exchange from Central Dauphin PA 5.0%
12/01/08 to Central Dauphin PA Unrefunded
Balance 5.0% 12/01/08
20,000 Units
Centre Cnty PA Hghr Ed 0% 4/01/10
08/02/2002 Purchase of 15,000 units of Centre Cnty PA
Hghr Ed municipal bond
15,000 Units
$-23,897.25
$ 26,838.75
-21,471.00
-5,367.75
$ 20,603.40
-20,603.40
$ 0.00
5,367.75
$ 0.00
21,471.00
$ 0.00
11,289.00
0.00
0.00
0.00
5,367.75
21,471.00
11,289.00
INFORMATION SCHEDULES
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
Page 23
Delaware River Port 5.5% 01/01/26
06/12/2003 Purchase of 20,000 units of Delaware River
Port bond, 5.5%, 01/01/26
20,000 Units $507.22 Accrued Interest
Derry PA Area Sch Dist 02/01/21 5.5
02/03/2003 Redemption of 20,000 units of Derry Twp. Area
Sch Dist Bond, 5.5% DUE 02/01/21
20,000 Units
Derry PA Area Sch Dist 5.5% 2/01/14
02/03/2003 Redemption of Derry PA Area Sch Dist Bend,
5.5% DUE 02/01/14
15,000 Units
Derry Twp PA Sch Dist 4.5 11/15/02
05/15/2002 Redemption of Derry Twp PA Sch Dist bend
15,000 Units
East Marlborough Twp 2.9% 12/15/05
04/02/2003 Purchase of 25,000 units of East Marlborough
Twp. PA bond 2.9% 12/15/05
25,000 Units $225.56 Accrued interest
06/16/2003 Collection of tax exempt interest earned on
municipal bond
Erie PA Wtr Auth Bond
07/01/2002 Redemption of Erie PA Wtr Auth bond
10,000 Units
$ 0.00
22,507.22
$ 20,090.80
-20,090.80
$ 15,357.15
-15,357.15
$ 15,110.10
-15,110.10
$ 0.00
26,144.06
-225.56
$ 10,201.00
-10,201.00
$ 22,507.22
0.00
0.00
0.00
25,918.50
0.00
INFORHATION SCHEDULES
Estate ef William J. Levine
For Period 03/02/2002 Through 06/18/2004
Page 24
Hampton Twp
05/03/2002
08/01/2002
04/10/2003
PA 5.0% 02/01/27
Purchase of 5,000 units ef Hampton Twp. PA
5.0% 02/01/27
5,000 Units $25.69 Accrued Interest
Collection of tax exempt interest earned on
municipal bond
Sale ef 5,000 units e£ Hampton Twp. PA 5.0%
02/01/27
5,000 Units
Hopewell PA Area SD Bond
04/17/2002 Purchase of 50,000 units of Hopewell PA Area
SD municipal bond
50,000 Units
04/02/2003 Sale of 50,000 units of Hopewell PA Area SD
0.00% 09/01/22
50,000 Units
Lower Bucks Cnty PA Bond
11/18/2002 Sale of Lower Bucks Cnty PA Bond
25,000 Units
Lower Makefield 4.05% 12/01/14
02/05/2003 Purchase ef 5,000 units of Lower Hakefield
Twp. PA bend
5,000 Units $6.50 Accrued Interest
06/02/2003 Collection of tax exempt interest earned on
municipal bond
Lower Providence Twp Bond
05/01/2002 Redemption of Lower Providence Twp. municipal
bond
10,000 Units
$ 0.00
4,990.24
-25.69
-4,964.55
$ 0.00
16,898.50
-16,898.50
$ 25,843.00
-25,843.00
$ 0.00
5,006.50
-6.50
$ 10,091.30
10,091.30
0.00
0.00
0.00
5,000.00
0.00
INFORMATION SCHEDULES
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
Page 25
North Penn Wtr Auth 7.0% 11/01/24
02/07/2003 Purchase of 15,000 units of North Penn Wtr
Auth bond
15,000 Units $294.58 Accrued Interest
05/01/2003 Collection of accrued tax exempt interest
earned on municipal bond
PA Convention Ctr Auth Bond
02/05/2003 Purchase of 10,000 units of PA Convention Ctr
Auth Bond
10,000 Units $265.00 Accrued Interest
03/03/2003 Collection of accrued tax exempt interest
earned on municipal bond
PA Intergovtl Coop Bond 06/15/21
04/02/2003 Sale of 15,000 units of PA Intergovtl Coop
5.0% 06/15/21
15,000 Units
PA Intergovtl Coop Bond 5.05%
06/16/2003 Redemption of 5,000 units of PA Intergovtl
Coop municipal bond, 5.05%, 06/15/06
5,000 Units
PA St Second Set 5.25% 10/01/09
03/31/2003 Purchase of 10,000 units of PA St Second Set
5.25% 10/01/09
10,000 Units $3.12 Accrued Interest
PA St Third Set 4.5% Bond 12/01/06
01/31/2003 Purchase of 20,000 units o~ PA St Third Set
municipal bond
$ 0.00
16,917.28
-294.58
$ 0.00
11,815.00
-265.00
$ 14,870.55
-14,870.55
$ 5,168.35
-5,168.35
$ 0.00
11,290.12
$ 0.00
$ 16,622.70
11,550.00
0.00
0.00
11,290.12
INFORMATION SCHEDULES
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
CPN 4.5% DUE 12/01/06
20,000 Units $160.00 Accrued Interest
06/02/2003 Collection of tax exempt interest earned on
municipal bond
$ 22,067.80
-160.00
PA St Univ Bond
08/15/2002 Sale of PA St Univ Second municipal bond
10,000 Units
$ 10,312.30
-10,312.30
Penn Hills PA ~k~bac OlD Bond
12/02/2002 Redemption of 10,000 units of Penn Hills PA
Au~bac OID bond
10,000 Units
10,332.40
-10,332.40
Penn Intergvrnmntl Coop Bond 5.15%
06/16/2003 Redemption of 35,000 units of Penn
Intergvrnmnntl Coop municipal bond,
06/15/05
35,000 Units
5.15%,
$ 36,501.50
-36,501.50
Penn St CTFS Partn Bond
03/27/2002 Purchase of 10,000 units of Penn St CTFS
Partn municipal bond
10,000 Units
$ 5,022.75
10,099.29
Penn St Hghr Ed Bond
04/22/2002 Sale of 20,000 units of Penn St Hghr Ed Bond;
CPN 7.05%, DUE 10/01/16
20,000 Units
$ 20,344.60
-20,344.60
Page 26
$ 21,907.80
0.00
0.00
0.00
15,122.04
0.00
INFORMATION SCHEDULES
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
Page 27
Penn St Hi Ed Facs Ath Bond
04/04/2002 Sale of 5,000 units of Penn St. Hi Ed Facs
Ath Bond, CPN 4.9%; DUE 05/01/08
5,000 Units
Penn St Tpk COMa Oil 6.0%
02/07/2003 Purchase of 10,000 units of Penn St Tpk Colnm
Oil Franchise bond
10,000 Units $118.33 Accrued Interest
06/02/2003 Collection of tax exempt interest earned on
municipal bond
Penn St Tpk Co~n Oil 6.0% 12/01/14
04/02/2003 Purchase of 25,000 units of Penn St Tpk Com~
Oil 6.0% 12/01/14
25,000 Units $525.00 Accrued Interest
06/02/2003 Collection of tax exempt interest earned on
municipal bond
Pennsylvania PA Tpke 5.0% 07/15/31
05/03/2002 Purchase of 5,000 units of Pennsylvania PA
Tpke 5.0% 07/15/31
5,000 Units $78.47 Accrued Interest
07/15/2002 Collection of tax exempt interest earned on
municipal bond
04/10/2003 Sale of 5,000 units of Pennsylvania PA Tpke
5.0% 07/15/31
5,000 Units
Phila PA Arpt Bond
06/16/2003 Redemption of 40,000 units ef Phila PA Arpt
municipal bond, 5.2%, 06/15/03
40,000 Units
$ 5,136.25
-5,136.25
$ 0.00
11,167.33
-118.33
$ 0.00
27,969.25
525.00
$ 0.00
5,040.12
-78.47
-4,961.65
$ 41,520.40
-41,520.40
0.00
11,049.00
27,444.25
0.00
0,00
INFORMATION SCHEDULES
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
Page 28
Phila PA Auth for Indl Dev Bond
04/02/2003 Sale of 5,000 units of Phila PA Auth for Indl
Der 5.0% 07/01/23
5,000 Units
Phila PA Ser B 6.0% 11/15/13
02/07/2003 Purchase of 20,000 units of Phila PA Set B
bond
20,000 Units $290.00 Accrued Interest
05/15/2003 Collection of accrued tax exempt interest
earned on municipal bond
Pine Richland PA Bond
05/30/2002 Sale of Pine Richland PA bond
25,000 Units
Reading PA Sch Auth Bond
12/02/2002 Redemption of 5,000 units of Reading PA Sch
Auth Bond
5,000 Units
Red Lion PA Area SD 4.75% 04/15/22
04/17/2002 Purchase of 5,000 units of Red Lion PA Area
Sch Dist 4.75% 04/15/22
5,000 Units $4.62 Accrued Interest
10/15/2002 Collection of tax exempt interest earned on
municipal bond
04/10/2003 Sale of 5,000 units of Red Lion PA Area SD
4.75% 04/15/22
5,000 Units
$ 4,821.60
-4,821.60
$ 0.00
22,346.60
-290.00
27,794.25
-27,794.25
5,123.00
-5,123.00
$ 0.00
4,786.87
-4.62
-4,782.25
$ 0.00
22,056.60
0.00
0.00
0.00
INFORMATION SCHEDULES
Estate of William J. hevine
For Period 03/07/2002 Through 06/18/2004
Page 29
Upper Allen Twp PA Bond
02/25/2003 Exchange 5,000 units of Upper Allen Twp.
Bond (5.6% 04/01/11) for Upper Allen Twp.
SPXXX Bond (5.6% 04/01/03)
5,000 Units
Upper Allen Twp SPXXX 5.6% 04/01/03
02/25/2003 Exchange 5,000 units of Upper Allen Twp.
Bond {5.6% 04/01/11) for Upper Allen Twp.
SPXXX Bond (5.6% 04/01/03)
5,000 Units
PA
PA
PA
PA
04/01/2003 Redemption of 5,000 units of Upper Allen Twp.
SPXXX bond
5,000 Units
Wallingford Swarthmore 5.125%
06/12/2003 Purchase of 10,000 units of Wallingford
Swarthmore PA bond, 5.125%, 05/15/16
10,000 Units $48.40 Accrued Interest
Westmoreland Cnty 4.625% 12/01/21
02/05/2003 Purchase of 35,000 units of Westmoreland Cnty
4.625% 12/01/21
35,000 Units $121.41 Accrued Interest
04/02/2003 Collection of tax exempt interest earned on
municipal bond
04/02/2003 Sale of 35,000 units of Westmoreland Cnty
4.625% 12/01/21
35,000 Units
Wilkinsburg Penn PA Bond
08/15/2002 Sale of Wilkinsburg Penn PA municipal bond
5,000 Units
$ 16,246.95
-5,000.00
$ 0.00
5,000.00
-5,000.00
$ 0.00
11,078.60
$ 0.00
35,121.41
-121.41
-35,000.00
$ 5,113.35
-5,113.35
$ 11,246.95
0.00
11,078.60
0.00
0.00
RECEIPTS OF INCOHE
Estate ef William J. Levine
For Period 03/07/2002 Threugh 06/18/2004
Page 30
Dividends
JHS Estate Honey Harket
04/15/2002 Dividends earned on JHS Estate Heney Harket
acct.
05/15/2002 Dividends earned on JMS Estate Money Market
Acct.
06/14/2002 Dividends earned on JHS Estate Money Market
Acct.
07/15/2002 Dividends earned on JMS Estate Money Market
Acct.
08/15/2002 Dividends earned on JMS Estate Money Market
Acct.
09/13/2002 Dividends earned on JMS Estate Money Market
Acct.
10/15/2002 Dividends earned on JMS Estate Honey Market
Acct.
11/15/2002 Dividends earned on JMS Estate Money Harket
Acct.
12/31/2002 Dividends earned on JMS Estate Money Market
Acct.
01/15/2003 Dividends earned on JMS Estate Money Market
Acct.
02/14/2003 Dividends earned on JMS Estate Money Market
Acct.
03/14/2003 Dividends earned on JMS Estate Money Market
Acct.
04/15/2003 Dividends earned on JMS Estate Money Market
Acct.
05/15/2003 Dividends earned on JMS Estate Money Market
Acct.
06/13/2003 Dividends earned on JMS Estate Money Market
Acct.
07/15/2003 Dividends earned on JMS Estate Honey Market
Acct.
12.27
50.03
44.93
16.36
21.43
29.12
31.66
36.32
68.11
21.56
40.03
5.27
5.64
1.69
3.99
3.83
RECEIPTS OF INCOME
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
Page 31
08/15/2003
09/15/2003
10/15/2003
11/15/2003
12/15/2003
01/15/2004
02/13/2004
03/15/2004
04/!5/2004
05/15/2004
06/15/2004
Dividends earned on JMS Estate Money Market
Acct.
Dividends earned on JMS Estate Money Market
Acct.
Dividends earned on JMS Estate Money Market
Acct.
Dividends earned on JMS Estate Money Market
Acct.
Dividends earned on JMS Estate Money Market
Acct.
Dividends earned on JMS Estate Money Market
Acct.
Dividends earned on JMS Estate Money Market
Acct.
Dividends earned on JMS Estate Money Market
Acct.
Dividends earned on JMS Estate Money Market
Acct.
Dividends earned on JMS Estate Money Market
Acct.
Dividends earned on JMS Estate Money Market
Acct.
Janney Montgomery Money Market
03/15/2002 Dividends earned on JMS Money Market acct.
04/04/2002 Dividends earned on JMS Money Market acct.
04/15/2002 Dividends earned on JMS Money Market acct.
$ 2.83
1.77
1.79
1.87
2.88
1.01
2.01
1.53
1.52
1.52
1.57
412.54
$ 13.56
29.80
0.03
43.39
Total Dividends $ 455.93
RECEIPTS OF INCOME
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
Page 32
Tax Exempt Interest
Abington PA Sch Dist Bond
05/15/2002 Tax exempt interest earned on municipal bond
11/15/2002 Tax exempt interest earned on municipal bond
05/15/2003 Tax exempt interest earned on municipal bond
Allegheny Cnty PA Arpt 5.625%
07/01/2002 Tax exempt interest earned on municipal bond
01/02/2003 Tax exempt interest earned on municipal bend
Allegheny Cty PA 5.0% Bond
04/01/2002 Tax exempt interest earned on municipal bond
10/01/2002 Tax exempt interest earned on municipal bond
04/01/2003 Tax exempt interest earned on municipal bond
Allegheny Cty PA 6.0% Bond
06/03/2002 Tax exempt interest earned on municipal bond
12/02/2002 Tax exempt interest earned on municipal bond
06/02/2003 Tax exempt interest earned on municipal bond
Allegheny PA Hosp Dev Bond
04/01/2002 Tax exempt interest earned on municipal bond
10/01/2002 Tax exempt interest earned on municipal bond
04/01/2003 Tax exempt interest earned on municipal bond
$ 363.75
363.75
363.75
1,091.25
$ 145.31
281.25
426.56
$ 625.00
625.00
625.00
1,875.00
$ 300.00
300.00
300.00
900.00
$ 150.00
150.00
150.00
450.00
RECEIPTS OF INCOME
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
Page 33
Allentown PA FGIC 5.5% 10/15/14
04/15/2003 Tax exempt interest earned on municipal bond
Altoona PA Bond
09/03/2002 Tax exempt interest earned on municipal bond
03/03/2003 Tax exempt interest earned on municipal bond
Berks Cty PA FGIC Bond
05/15/2002 Tax exempt interest earned on municipal bond
11/15/2002 Tax exempt interest earned on municipal bond
Blairsville Saltsburg Bond
05/15/2002 Tax exempt interest earned on municipal bond
Bucks cry PA AMBAC W&S 4.5% 12/1/19
06/02/2003 Tax exempt interest earned on municipal bond
Butler PA Area Sch 4.75% 10/01/22
10/01/2002 Tax exempt interest earned on municipal bond
04/01/2003 Tax exempt interest earned on municipal bond
04/02/2003 Tax exempt interest earned on municipal bond
CenEral Dauphin PA 5.0% Bond
06/03/2002 Tax exempt interest earned on municipal bond
12/02/2002 Tax exempt interest earned on municipal bond
Central Dauphin PA Sch Bond
06/03/2002 Tax exempt interest earned on municipal bond
$ 53.47
346.88
346.88
693.76
$ 275.00
275.00
550.00
156.25
271.87
471.70
593.75
19.79
1,085.24
625.00
625.00
1,250.00
$ 420.00
RECEIPTS OF INCOME
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
Page 34
12/02/2002 Tax exempt interest earned on municipal bond
06/02/2003 Tax exempt interes~ earned on municipal bond
Central Dauphin PA Sch Dist 4.5%
06/03/2002 Tax exempt interest earned on municipal bond
12/02/2002 Tax exempt interest earned on municipal bond
06/02/2003 Tax exempt interest earned on municipal bond
Central Dauphin Prerefunded SR
06/02/2003 Tax exempt interest earned on municipal bond
Central Dauphin Unrefunded Balance
06/02/2003 Tax exempt interest earned on municipal bond
Delaware River Port 5.5% 01/01/26
07/01/2003 Tax exempt interest earned on municipal bond
Derry PA Area Sch Dist 02/01/21 5.5
08/01/2002 Tax exempt interest earned on municipal bond
02/03/2003 Tax exempt interest earned on municipal bond
Derry PA Area Sch Dist 5.5% 2/01/14
08/01/2002 Tax exempt interest earned on municipal bond
02/03/2003 Tax exempt interest earned on municipal bond
Derry Twp PA San Swr Auth Bond
08/01/2002 Tax exempt interest earned on municipal bond
02/03/2003 Tax exempt interest earned on municipal bond
$ 420.00
420.00
1,260.00
112.50
112.50
112.50
337.50
$ 125.00
500.00
550.00
550.00
550.00
1,100.00
$ 412.50
412.50
825.00
$ 312.50
312.50
625.00
RECEIPTS OF INCOME
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
Page 35
Derry Twp PA Sch Dist 4.5 11/15/02
05/15/2002 Tax exempt interest earned on municipal bond
East Marlborough Twp 2.9% 12/15/05
06/16/2003 Tax exempt interest earned on municipal bond
Erie PA Wur Auth Bond
07/01/2002 Tax exempt interest earned on municipal bond
Gateway PA Sch Dist Bond
07/15/2002 Tax exempt interest earned on municipal bond
01/15/2003 Tax exempt interest earned on municipal bond
General McLane School Dist Bond
04/15/2002 Tax exempt interest earned on municipal bond
10/15/2002 Tax exempt interest earned on municipal bond
04/15/2003 Tax exempt interest earned on municipal bond
Hampton Twp PA 5.0% 02/01/27
08/01/2002 Tax exempt interest earned on municipal bond
02/03/2003 Tax exempt interest earned on municipal bond
04/10/2003 Tax exempt interest earned on municipal bond
Lancaster PA Area Swr Auth Bond
04/01/2002 Tax exempt interest earned on municipal bond
10/01/2002 Tax exempt interest earned on municipal bond
04/01/2003 Tax exempt interest earned on municipal bond
$ 337.50
136.94
357.50
117.50
117.50
235.00
$ 470.00
470.00
470.00
1,410.00
$ 47.92
125.00
51.39
224.31
$ 150.00
150.00
150.00
450.00
RECEIPTS OF INCOME
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
Page 36
Lower Bucks Cnty PA Bond
05/15/2002 Tax exempt interest earned on municipal bond
11/15/2002 Tax exempt interest earned on municipal bond
Lower Makefield 4.05% 12/01/14
06/02/2003 Tax exempt interest earned on municipal bond
Lower Providence Twp Bond
05/01/2002 Tax exempt interest earned on municipal bond
Hethacton PA Sch Dist Bond
04/01/2002 Tax exempt interest earned on municipal bond
10/01/2002 Tax exempt interest earned on municipal bond
04/01/2003 Tax exempt interest earned on municipal bond
Montgomery Cnty PA Bond
07/15/2002 Tax exempt interest earned on municipal bond
01/15/2003 Tax exempt interest earned on municipal bond
North Penn PA Sch Dist Bond
09/03/2002 Tax exempt interest earned on municipal bond
03/03/2003 Tax exempt interest earned on municipal bond
North Penn Wtr Auth 7.0% 11/01/24
05/01/2003 Tax exempt interest earned on municipal bond
PA Convention Ctr Auth Bond
03/03/2003 Tax exempt interest earned on municipal bond
$ 775.00
775.00
1,550.00
$ 44.13
305.00
812.50
812.50
812.50
2,437.50
$ 268.75
268.75
537.50
$ 270.00
270.00
540.00
$ 230.42
35.00
RECEIPTS OF INCOME
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
Page 37
PA Hsg Fin Agy 5.45% Bond
04/01/2002 Tax exempt interest earned on municipal bond
10/01/2002 Tax exempt interest earned on municipal bond
04/01/2003 Tax exempt interest earned on municipal bond
PA Hsg Fin Agy Bond 5.3%
04/01/2002 Tax exempt interest earned on municipal bond
10/01/2002 Tax exempt interest earned on municipal bond
04/01/2003 Tax exempt interest earned on municipal bond
PA intergovtl Coop Bond 06/15/21
06/17/2002 Tax exempt interest earned on municipal bond
12/16/2002 Tax exempt interest earned on municipal bond
04/02/2003 Tax exempt interest earned on municipal bond
PA Intergovtl Coop Bond 5.05%
06/17/2002 Tax exempt interest earned on municipal bond
12/16/2002 Tax exempt interest earned on municipal bond
06/16/2003 Tax exempt interest earned on municipal bond
PA Intergvrmnt Coop Bond 6.7%
06/17/2002 Tax exempt interest earned on municipal bond
12/16/2002 Tax exempt interest earned on municipal bond
06/16/2003 Tax exempt interest earned on municipal bond
$ 272.50
272.50
272.50
817.50
$ 397.50
397.50
397.50
1,192.50
$ 375.00
375.00
233.33
983.33
$ 126.25
126.25
126.25
378.75
$ 670.00
670.00
670.00
2,010.00
RECEIPTS OF INCOME
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
Page 38
PA Intergvt Coop Bond 5.0% 06/15/06
06/17/2002 Tax exempt interest earned on municipal bond
12/16/2002 Tax exempt interest earned on municipal bond
06/16/2003 Tax exempt interest earned on municipal bond
PA St First Set 5.0% Bond
09/03/2002 Tax exempt interest earned on municipal bond
03/03/2003 Tax exempt interest earned on municipal bond
PA St First Set 5.125% Bond
03/15/2002 Tax exempt interest earned on municipal bond
09/16/2002 Tax exempt interest earned on municipal bond
03/17/2003 Tax exempt interest earned on municipal bond
PA St HEFA 5.35% Bond
07/0!/2002 Tax exempt interest earned on municipal bond
01/02/2003 Tax exempt interest earned on municipal bond
07/01/2003 Tax exempt interest earned on municipal bond
PA St HFA SFH 5.9% Bond
04/01/2002 Tax exempt interest earned on municipal bond
10/01/2002 Tax exempt interest earned en municipal bond
04/01/2003 Tax exempt interest earned en municipal bond
375.00
375.00
375.00
1,125.00
$ 625.00
625.00
1,250.00
$ 640.63
640.63
640.63
1,921.89
$ 668.75
668.75
668.75
2,006.25
$ 737.50
737.50
737.50
2,212.50
RECEIPTS OF INCOME
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
Page 39
PA St Highr Edl Facs Bond
07/15/2002 Tax exempt interest earned on municipal bond
01/15/2003 Tax exempt interest earned on municipal bond
PA St Indl Dev Auth Bond
07/01/2002 Tax exempt interest earned on municipal bond
01/02/2003 Tax exempt interest earned on municipal bond
07/01/2003 Tax exempt interest earned on municipal bond
PA St Second Set Bond 5.2%
06/17/2002 Tax exempt interest earned on municipal bond
12/16/2002 Tax exempt interest earned on municipal bond
06/16/2003 Tax exempt interest earned on municipal bond
PA St Second Series 5.0% Bond
04/15/2002 Tax exempt interest earned on municipal bond
10/15/2002 Tax exempt interest earned on municipal bond
04/15/2003 Tax exempt interest earned en municipal bond
PA St Third Set 4.5% Bond 12/01/06
06/02/2003 Tax exempt interest earned on municipal bond
PA St Third Ser 4.5% Bond 12/01/07
06/03/2002 Tax exempt interest earned on municipal bond
12/02/2002 Tax exempt interest earned on municipal bond
06/02/2003 Tax exempt interest earned en municipal bond
$ 112.50
112.50
225.00
$ 825.00
825.00
825.00
2,475.00
$ 260.00
260.00
260.00
780.00
$ 250.00
250.00
250.00
750.00
$ 290.00
562.50
562.50
562.50
1,687.50
RECEIPTS OF INCOHE
Estate ef William J. Levine
For Period 03/07/2002 Through 06/18/2004
Page 40
PA St Third Ser 4.5% Bond 12/01/10
06/03/2002 Tax exempt interest earned on municipal bond
12/02/2002 Tax exempt interest earned on municipal bond
06/02/2003 Tax exempt interest earned on municipal bond
PA St Tpk Cmmn 5.25% Bond 12/01/16
06/03/2002 Tax exempt interest earned on municipal bond
12/02/2002 Tax exempt interest earned on municipal bond
06/02/2003 Tax exempt interest earned on municipal bond
PA St Tpk Cnu!~n Bond 12/01/14
06/03/2002 Tax exempt interest earned on municipal bond
12/02/2002 Tax exempt interest earned on municipal bond
06/02/2003 Tax exempt interest earned on municipal bend
PA St Univ Bond
08/15/2002 Tax exempt interest earned on municipal bond
Penn Hills PA Amhac OID Bond
06/03/2002 Tax exempt interest earned on municipal bond
12/02/2002 Tax exempt interest earned on municipal bond
Penn Intergvrnmntl Coop Bond 5.15%
06/17/2002 Tax exempt interest earned on municipal bond
12/16/2002 Tax exempt interest earned on municipal bond
06/16/2003 Tax exempt interest earned on municipal bond
$ 337.50
337.50
337.50
1,012.50
$ 918.75
918.75
918.75
2,756.25
$ 1,312.50
1,312.50
1,312.50
3,937.50
$ 275.00
293.75
293.75
587.50
$ 901.25
901.25
901.25
2,703.75
RECEIPTS OF INCOME
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
Page 41
Penn Manor Sch Dist PA Bond
06/03/2002 Tax exempt interest earned on municipal bond
12/02/2002 Tax exempt interest earned en municipal bead
06/02/2003 Tax exempt interest earned on municipal bond
Penn St CTFS Partn Bond
07/01/2002 Tax exempt interest earned en municipal bond
01/02/2003 Tax exempt interest earned en municipal bond
07/01/2003 Tax exempt interest earned on municipal bend
Penn St Hghr Ed Bond
04/02/2002 Tax exempt interest earned on municipal bond
04/22/2002 Tax exempt interest earned on municipal bond
Penn St Hi Ed Facs Ath Bond
04/04/2002 Tax exempt interest earned on municipal bond
Penn St Tpk Comm Oil 6.0%
06/02/2003 Tax exempt interest earned on municipal bond
Penn St Tpk Comm Oil 6.0% 12/01/14
06/02/2003 Tax exempt interest earned on municipal bond
Penn-Trafford PA Sch Bond
05/01/2002 Tax exempt interest earned on municipal bond
11/01/2002 Tax exempt interest earned on municipal bond
05/01/2003 Tax exempt interest earned on municipal bond
$ 260.00
260.00
260.00
780.00
$ 375.00
375.00
375.00
1,125.00
$ 705.00
82.25
787.25
$ 104.13
181.67
225.00
295,00
295.00
295.00
885.00
RECEIPTS OF INCOME
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
Page 42
Pennsylvania PA Tpke 5.0% 07/15/31
07/15/2002 Tax exempt interest earned on municipal bond
01/15/2003 Tax exempt interest earned on municipal bond
04/10/2003 Tax exempt interest earned on municipal bond
Pgh PA Wtr & Swr 5.0% Bond
09/03/2002 Tax exempt interest earned en municipal bond
03/03/2003 Tax exempt interest earned on municipal bend
Phila PA Arpt Bond
06/17/2002 Tax exempt interest earned on municipal bond
12/16/2002 Tax exempt interest earned on municipal bond
06/16/2003 Tax exempt interest earned on municipal bond
Phila PA Auth for IDA Bond
06/03/2002 Tax exempt interest earned on municipal bond
12/02/2002 Tax exempt interest earned on municipal bond
06/02/2003 Tax exempt interest earned on municipal bond
Phila PA Auth for Indl Dev Bond
07/01/2002 Tax exempt interest earned on municipal bond
01/02/2003 Tax exempt interest earned on municipal bond
04/02/2003 Tax exempt interest earned on municipal bond
$ 46.53
125.00
62.50
234.03
$ 250.00
250.00
500.00
$ 1,040.00
1,040.00
1,040.00
3,120.00
$ 110.00
110.00
110.00
330.00
$ 125.00
125.00
66.67
316.67
RECEIPTS OF INCOME
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
Phila PA Gas Wks Bond
05/15/2002 Tax exempt interest earned on municipal bond
11/15/2002 Tax exempt interest earned on municipal bond
05/15/2003 Tax exempt interest earned on municipal bond
Phila PA Gas Wks Bond 5.25%
08/01/2002 Tax exempt interest earned on municipal bond
02/03/2003 Tax exempt interest earned on municipal bond
Phila PA Sch Dist Bond 6.25%
09/03/2002 Tax exempt interest earned on municipal bond
03/03/2003 Tax exempt interest earned on municipal bond
Phila PA Ser B 6.0% 11/15/13
05/15/2003 Tax exempt interest earned on municipal bond
Phila PA Wtr & Wstwtr Bond
06/17/2002 Tax exempt interest earned on municipal bond
12/16/2002 Tax exempt interest earned on municipal bond
06/16/2003 Tax exempt interest earned on municipal bond
Pitts & Allegheny Co PA Bond
08/01/2002 Tax exempt interest earned on municipal bond
02/03/2003 Tax exempt interest earned on municipal bond
$ 350.00
350.00
350.00
1,050.00
525.00
525.00
1,050.00
$ 625.00
625.00
1,250.00
$ 310.00
703.13
703.13
703.13
2,109.39
$ 625.00
625.00
1,250.00
Page 43
RECEIPTS OF INCOME
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
Page 44
Pittsburgh PA Rfdg Ser Bond 4.5%
09/03/2002 Tax exempt interest earned on municipal bond
03/03/2003 Tax exempt interest earned on municipal bond
Pittsburgh PA Sch Dist 4.3% Bond
09/03/2002 Tax exempt interest earned on municipal bond
03/03/2003 Tax exempt interest earned on municipal bond
Pittsburgh PA W&S Auth Bond
09/03/2002 Tax exempt interest earned on municipal bond
03/03/2003 Tax exempt interest earned on municipal bond
Pittsburgh PA Wtr & Swr 5.0% Bond
09/03/2002 Tax exempt interest earned on municipal bond
03/03/2003 Tax exempt interest earned on municipal bond
Pittsburgh PA Wtr & Swr Bond 4.7%
09/03/2002 Tax exempt interest earned on municipal bond
03/03/2003 Tax exempt interest earned on municipal bond
Pittsburgh PA Wtr & Swr Bond 5.6%
09/03/2002 Tax exempt interest earned on municipal bond
03/03/2003 Tax exempt interest earned on municipal bond
$ 562.50
562.50
1,125.00
$ 215.00
215.00
430.00
$ 362.50
362.50
725.00
$ 625.00
625. O0
1,250.00
$ 587.50
587.50
1,175.00
$ 1,400.00
1,400.00
2,800.00
RECEIPTS OF INCOME
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
Page 45
Reading PA Sch Auth Bond
06/03/2002 Tax exempt interest earned on municipal bond
12/02/2002 Tax exempt interest earned on municipal bond
Red Lion PA Area SB 4.75% 04/15/22
10/15/2002 Tax exempt interest earned on municipal bond
04/15/2003 Tax exempt interest earned on municipal bond
Ringgold PA Sch Dist Bond
07/15/2002 Tax exempt interest earned on municipal bond
01/15/2003 Tax exempt interest earned on municipal bond
Scranton PA Bond
04/01/2002 Tax exempt interest earned on municipal bond
10/01/2002 Tax exempt interest earned on municipal bond
04/01/2003 Tax exempt interest earned on municipal bond
Shaler PA Area Sch Dist Bond
04/01/2002 Tax exempt interest earned on municipal bond
10/01/2002 Tax exempt interest earned on municipal bond
04/01/2003 Tax exempt interest earned on municipal bond
Silver Spring Twp Bond
05/01/2002 Tax exempt interest earned on municipal bond
11/01/2002 Tax exempt interest earned on municipal bond
$ 162.50
162.50
325.00
$ 114.13
118.75
232.88
$ 1,085.00
1,085.00
2,170.00
$ 352.50
352.50
352.50
1,057.50
$ 110.00
110.00
1!0.00
330.00
$ 116.25
116.25
RECEIPTS OF INCOME
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
Page 46
05/01/2003 Tax exempt interest earned on municipal bond
Southeastern PA Trans Auth Bond
09/03/2002 Tax exempt interest earned on municipal bond
03/03/2003 Tax exempt interest earned on municipal bond
St Pub Sch Bldg Auth PA Bond
04/15/2002 Tax exempt interest earned on municipal bond
10/15/2002 Tax exempt interest earned on municipal bond
01/15/2003 Tax exempt interest earned on municipal bond
State Pub Sch Bldg Auth Bond
07/15/2002 Tax exempt interest earned on municipal bond
04/15/2003 Tax exempt interest earned on municipal bond
Tarentum Bor PA Bond
09/03/2002 Tax exempt interest earned en municipal bend
03/03/2003 Tax exempt interest earned en municipal bond
Tredyffrin Twp PA Rfdg Bond
05/15/2002 Tax exempt interest earned on municipal bond
11/15/2002 Tax exempt interest earned on municipal bond
05/15/2003 Tax exempt interest earned on municipal bond
$ 116.25
348.75
$ 250.00
250.00
500.00
$ 652.50
652.50
375.00
1,680.00
$ 375.00
652.50
1,027.50
$ 440.63
440.63
881.26
$ 242.50
242.50
242.50
727.50
RECEIPTS OF iNCOHE
Estate e£ William J. Levine
For Period 03/07/2002 Through 06/18/2004
Page 47
Trinity ASD PA Bend
05/01/2002 Tax exempt interest earned on municipal bond
11/01/2002 Tax exempt interest earned on municipal bond
05/01/2003 Tax exempt interest earned en municipal bond
Upper Allen Twp PA Bend
04/01/2002 Tax exempt interest earned en municipal bond
10/01/2002 Tax exempt interest earned on municipal bend
04/01/2003 Tax exempt interest earned on municipal bond
Wayne Cnty PA Hsp & Hlth Bend
07/01/2002 Tax exempt interest earned en municipal bond
01/02/2003 Tax exempt interest earned on municipal bond
07/01/2003 Tax exempt interest earned on municipal bond
Westmereland Cnty 4.625% 12/01/21
04/02/2003 Tax exempt interest earned en municipal bend
Wilkinsburg Penn PA Bend
08/15/2002 Tax exempt interest earned en municipal bond
York Cnty PA Hosp Auth Bond
06/03/2002 Tax exempt interest earned on municipal bond
12/02/2002 Tax exempt interest earned en municipal bond
06/02/2003 Tax exempt interest earned on municipal bond
Total Tax Exempt Interest
TOTAL RECEIPTS OF INCOHE
$ 260.00
260.00
260.00
780.00
$ 420.00
420.00
420.00
1,260.00
$ 312.50
312.50
312.50
937.50
$ 247.31
156.25
250.00
250.00
250.00
750.00
90,859.01
91,314.94
DISTRIBUTIONS OF INCOME TO BENEFICIARIES
Estate of William J. Levine
For Period 03/07/2002 Through 06/18/2004
Page 48
To: Angelene A. Levine
Income distribution to income beneficiary
04/15/2003 Cash
$ 62,225.23
To: William Levine Trust A
Distribution to Trust A, Unified Credit Trust
06/18/2003 Cash
1,734.79
To: William Levine Trust B
Distribution to Trust B, Marital Trust
06/18/2003 Cash
4,599.74
TOTAL DISTRIBUTIONS OF INCOME TO BENEFICIARIES $ 68,559.76
IN THE COURT OF COMMON PLEAS
CUMBERLAND COUNTY, PENNSYLVANIA
ORPHANS' COURT DIVISION
IN RE:
ESTATE OF WILLIAM J.
LEVINE, deceased
No. 2002-00307
STATEMENT OF PROPOSED DISTRIBUTION
Principal Balance on Hand
Income Balance on Hand
Combined Balance on Hand
Less Reserve to Mette, Evans & Woodside
for attorney's fees and costs for
preparation of First and Final Accoum
and final estate fiduciary income tax returns
Proposed Balance for Distribution
0.00
22,750.00
(3,000.00)
22,755.18
19,755.18
Proposed Distribution:
TO: William J. Levine Trust A Credit Trust
Seventy-Four Percent (74%)
TO: William J. Levine Trust B Marital Trust
Twenty-Six Percent (26%)
14,618.83
5,136.35
40I 148vl
ANGELENE A. LEVINE, Executrix under the Last Will and Testament of
WILLIAM J. LEVINE, deceased, hereby declares under oath that she has fully and
faithfully discharged the duties of her office; that the foregoing First and Final
Account is true and correct and fully discloses all significant transactions occurring
during the accounting period; that all known claims against the Estate have been
paid; that, to her knowledge, there are no claims now outstanding against the Estate;
and that all taxes presently due from the Estate have been paid.
ANG~L-E~I~ A~LE~Y~E, Executrix
Subscribed and sworn to by
ANGELENE A. LEVINE, Executrix,
before me this 2. ~ ,.~c~day of
..~ ~3~5 ~:. ,2004.
Notary/Public
COMMONWEALTH OF PENNSYLVANIA
Notarial Seal
Vieky Ann Trimmer, Notary Public
Susquehanna Twp., Dauphin County
My Corem ss on Exp re~ Mar. 1, 2006
Member, Pennsylvania Association of Notates
399965vl
PROOF OF PUBLICATION OF NOTICE
IN CUMBERLAND LAW JOURNAL
(Under Act No. 587, approved May 16, 1929), P. L.1784
STATE OF PENNSYLVANIA :
:
COUNTY OF CUMBERLAND :
SS.
Roger M. Morgenthal, Esquire, Editor of the Cumberland Law Journal, of the County
and State aforesaid, being duly sworn, according to law, deposes and says that the Cumberland
Law Journal, a legal periodical published in the Borough of Carlisle in the County and State
aforesaid, was established January 2, 1952, and designated by the local courts as the official legal
periodical for the publication of all legal notices, and has, since January 2, 1952, been regularly
issued weekly in the said County, and that the printed notice or publication attached hereto is
exactly the same as was printed in the regular editions and issues of the said Cumberland Law
Journal on the following dates,
viz:
MAY 10, 17, 24, 2002
Affiant further deposes that he is authorized to verify this statement by the Cumberland
Law Journal, a legal periodical of general circulation, and that he is not interested in the subject
matter of the aforesaid notice or advertisement, and that ali allegations in the foregoing
statements as to time, place and character of publication are true.
Levlne, William J., dec'd.
Late of the Borough of Cmnp 1till.
Exccutrix: Artgclene A. Levine,
3428 Logan Street, Camp Hill,
PA 17011.
Attorneys: JalIle$ A. 1 llsh. Esquire.
Metre, Evaias & X,Voodsidc. 3401
North Front Street. Harrisburg,
PA 17110 0950, (7171 232 5000.
Roger M. Morgenthal, Editor
SWORN TO AND SUBSCRIBED before me this
24 day of MAY, 2002_
PROOF OF PUBLICATION
State of Pennsylvania,
County of Cumberland.
Lori Saylor, Classified Advertising Manager of THE SENTINEL,
of the County and State aforesaid, being duly sworn, deposes and says that THE SENTINEL, a newspaper of
general circulation in the Borough of Carlisle, County and State aforesaid, was established December 13th,
1881, since which date THE SENTINEL has been regularly issued in said County, and that the printed notice
or publication attached hereto is exactly the same as was printed and published in the regular editions and
issues of THE SENTINEL on the following dates, viz
Copy of Notice of Publication
E_~TATE HO_ TICE
NOTICE IS HEREBY
GIVEN that Letters
Testamentary have
been granted in the
Estate ol WILLIAM J.
LEVlNE, late of the
Borough of Cemp Hill,
Cumberland County,
Pennsylvania, who died
March 7, 2002, to
Angelene A. Levine,
3428 Logan Street,
Camp Hill, PA 17011,
Executrix.
All persons indebted to the
said estate are required
to make payment, and
those having claims or
demands to present the
same without delay to
the Executrix or her
attorneys named below
James A Ulsh, Esquire
Metre, Evans & Woodside
3401 Nodh Front Street
Harrisburg, PA 17110
(Tt 7)232 5000
April 30 & May 7 & 14, 2002
Affiant further deposes that he is not interested in
the subject matter of the aforesaid notice or
advertisement, and that all allegations in the
foregoing statement as to time, place and character
of publication are true.
October 15, 2002
Sworn to and subscribed before me this 15th
day of October _, 2002.
Notary Public
My commission expires:
· OBNIN,
COMMONWEALTH OF PENNSYLVANIA
OFFICE OF ATTORNEY GENERAL
Gerald J. Pappert
Attorney General
July 29, 2004
Charitable Trusts and
Organizations Section
14th Fir., Strawberry Sq.
Harrisburg, PA 17120
Telephone: (717) 783-2853
Facsimile: (71 7) 787-1190
James A. Ulsh, Esquire
METTE, EVANS & WOODSIDE
3401 North Front Street
Post Office Box 5950
Harrisburg, PA 1 7110-0950
RE: Estate of William ]. Levine/No. 2002-00307
Dear Mr. Ulsh:
This ~vill acknowledge receipt of your notice pursuant to Supreme Court Orphans'
Court Rule 5.5 regarding the above-captioned matter.
[ have reviewed the First and £inal Account, of Angelene A. Levine, Executrix of
the Estate of William ]. Levine, Deceased, and have no objection. At your earliest
convenience, kindly forward an executed copy of the Decree of Distribution.
Please be advised that this review was conducted pursuant to the parens patriae
function of this office and has no bearing on any matter unrelated to that function.
Sincerely, /,~
~/~J'ohn L. Downing
Deputy Attorney General
JLD/srh
Cumberland County - Register Of Wills
One Courthouse Square
Carlisle, PA 17013
Phone: (717) 240-6345
Date: 2/02/2005
ULSH JAMES A
3401 N.FRONT ST.
P.O. BOX 5950
HARRISBURG, PA 17110-0950
RE: Estate of LEVINE WILLIAM J
File Number: 2002-00307
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 will become delinquent on: 3/07/2005
Your prompt attention to this matter will be appreciated.
Thank You.
Sincerely,
&t~~
GLENDA FARNER STRASBAUGH
REGISTER OF WILLS
cc: File
Personal Representative(s)
Judge
J
PLEASE FILE THIS REPORT WITHIN TWO YEARS OF DATE OF DEATH REGARDLESS OF THE
STATUS OF THE ESTATE. IF THE ESTATE IS NOT COMPLETED, FILE A 6.12 FORM YEARLY
UNTIL COMPLETION.
STATUS REPORT UNDER RULE 6.12
Name of Decedent: WILLIAM J. LEVINE
Date of Death: March 26. 2002
Will No. 2002-00307
Admin. No. 21-02-0307
Pursuant to Rule 6.12 of the Supreme Court Orphans' Court Rules, I report the following
with respect to completion of the administration of the above-captioned estate.
1. State whether administration of the estate is complete:
Yes i:2:I No D
2. If the answer is No, state when the personal representative reasonably believes that
the administration will be complete:
3. If the answer to No.1 is Yes, state the following:
a. Did the personal representative file a final account with the Court?
Yesi:2:1 NoD
b. The separate Orphans' Court No. (if any) for the personal representative's
account is:
c. Did the personal representative state an account informally to the parties in
interest? Yes D No D
d. Copies of receipts, releases, joinders and approvals of formal or informal accounts
may be filed with the Clerk of the Orphans' Court a may be attached to this report.
Date: oa \ OLl \ O.s
c;::)
James A. Es uire LD. #10169
Name (Please type or print)
3401 North Front Street. P.O. Box 5950
Address
Harrisburg, P A 17110-0950
(717) 232-5000
Telephone
Capacity: D Personal Representative
i:2:I Counsel for Personal Representative
416187vl
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