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HomeMy WebLinkAbout03-0103 PETITION Estate of '(J-- ~x~_] e_~ also known as FOR PROBATE and GRANT OF LETTERS To: Register of Wills for the County of CUMBERLAND Commonwealth of Pennsylvania _, Deceased. Social Security No. { 9. 9 -~'7- 6 c[/,,~_ The petition of the undersigned respectfully represents that: Your petitioner(s), who is/are 18 years of age or older an the executR I in the last will of the above decfdentp dated and codicil(s) dated in the named ,19 (state relevant circumstances, e.g. renunciation, death of executor, etc.) ende I -x u nn , with h en !~t (list street, number and muncipality) Decendent, then ~:::~/' years of age, died /cC - ::9-~ , t~ fi (-~ Cg?- at Except as follows, decedent did not marry, was not divorced and did not have a child born or adopted after execution of the will offered for probate; was not the victim of a killing and was never adjudicated incompetent: Decendent at death owned property with estimated values as follows: (If domiciled in Pa.) All personal property (If not domiciled in Pa.) Personal property in Pennsylvania (If not domiciled in Pa.) Personal property in County Value of real estate in Pennsylvania situated as follows: WHEREFORE, petitioner(s) respectfully request(s) the probate of the last will and codicil(s) presented herewith and the grant of letters -/--e~ +~ l~-te' r~ ~+g-,{ theron. (testamentary; administration c.t.a.; administration d.b.n.c.t.a.) OATH OF PERSONAL REPRESENTATIVE COMMONWEALTH OF PENNSYLVANIA '1 COUNTY OF CUMBERLAND ]> ss The petitioner(s) above-named swear(s) or affirm(s) that the statements in the foregoing petition are true and correct to the best of the knowledge and belief of petitioner(s) and that as personal represen- tative(s) of the above decedent petitioner(s) will well and truly ~xdminister the estate, according to law. Sworn to or affirmed and subscribed before me this 3rd day of . _ FFRRIIARY ,.., 1~ ~9003 No. ~1-0~-%0~ Estate Of CHARI F.q 0 nAq~FI I , Deceased DECREE OF PROBATE AND GRANT OF LETTERS FEBRUARY AND NOW the reverse side hereof, satisfactory proof having been presented before me, IT IS DECREED that the instrument(s) dated 1-77-1998 described therein be admitted to probate and filed of record as the last will of CHARLES 0 CA_~_qFI I and Letters TE STAMENTAR Y are hereby granted to CATHERINE F Al RRTfiHT ., in consideration of the petition on FEES Probate, Letters, Etc .......... $18.00 Short Certificates( ) .......... $ 3-0~ R)6~i~l~t~6n e.x.t.r..a. Rqge..s .... $6.00 J£P $1n.nn TOTAL __ $ 37.00 Filed ...... 2.-.5 T 20.Q3 ................... mailed to exec. 2-5-2003 A'FFORNEY (Sup. Ct. I.D. No.) ADDRESS PHONE -oB-I05 ill anb i e tament CHARLES O. CASSELL 2 I, CHARLES O. CASSELL, of Penn Township, Perry Oounty, Pennsylvania, declare this to be my Last Will and revoke any will previously made by me. ITEM I: I direct that my body be cremated and that the ashes be respectfully interred in my burial plot in the Duncannon Cemetery. ITEM I1: I direct that my funeral expenses, grave marker and the costs of the administration of my estate be paid out of the residue of my estate as soon as may be convenient after my death. ITEM II1: I direct that all taxes that may be assessed in consequence of my death, of whatever nature and by whatever jurisdiction imposed, shall be paid from the residue of my estate as a part of the administration thereof, to the end that no beneficiary hereunder, or any other person, shall be charged with or required to pay any part of such taxes. ITEM IV: I devise and bequeath my entire estate of every nature and wherever situate to my wife, Katie Cassell, provided she survives me by thirty (30) days. ITEM V: Should my wife, Katie Cassell, predecease me or die on or before the thirtieth (30th) day following my death, then and in that event, I devise and bequeath my entire estate of every nature and wherever situate, whether real, personal or mixed, as follows: A. I bequeath one-third (1/3) thereof to my son, Gary L. Cassell, per stirpes. E. Albright. B. I bequeath one-third (1/3) thereof to my stepdaughter, Catherine C. I bequeath one-third (1/3) thereof to be divided among my three grandchildren, Joshua M. Kinney, Kristen Kinney and Jessica Kinney. ITEM VI: I authorize and empower my hereinafter named executrix or alternate executrix to convert any property that I may own at my death, whether real, personal or mixed, at either private or public sale, whichever in their opinion is deemed best, hereby vesting in said executrix or alternate executrix full power and authority to make, execute, acknowledge and deliver good and sufficient deeds or assurances of title therefor. ITEM VII: I appoint my wife, Katie Cassell, executrix of this my Last Will. Should my wife, Katie Cassell, fail to qualify or cease to act as executrix, I appoint my stepdaughter, Catherine E. Albright, alternate executrix of this my Last Will. ITEM VIII: I direct that my executrix or alternate executrix shall not be required to give bond for the faithful performance of their duties in this or in any other jurisdiction. IN WITNESS WHEREOF, I have hereunto set my hand this 27th day of January, 1998. The preceding instrument, consisting of this and two other typewritten pages, each identified by the signature of the testator, was on the day and date thereof signed, published and declared by CHARLES O. CASSELL, the testator therein named, as and for his Last Will, in the presence of us, who, at his request, in his presence and in the presence of each other, have subscribed our names as witnesses hereto. CHARLES O. CASSELL HOLMAN & HOLMAN ATTORNEYS AT LAW ALLAN W. HOLMAN, JR. 16 EAST MAIN STREET P. O. BOX 97 NEW BLOOMFIELD, PA 17068 TELEPHONE (717) ~82-2410 Name of Decedent: Date of Death: CERTIFICATION OF NOTICE UNDER RULE 5.6(a) C sso// Will No. Adman. No. ~;~(JO~- ~)(57/(_33 To the Register: I certify that notice of (beneficial interest) estate administration required by Rule 5.6(a) of the,Orphans' Court Rules was served on or mailed to the following beneficiaries of the above-captioned estate on 5-//~/~ Ot,.~ : Name Address Notice has now been given to all persons entitled thereto under Rule 5.6(a) except Date: Signature Address £1~:01t/ l~' ,tl/I,,l £0. Telephone {eT{ -~ ~-/- Capacity: L.-- Personal Representative Counsel for personal representative COMMONWEALTH OF PENNSYLVANIA DEPT. 280601 ~HARRISBURG, PA 17128-0601 I.- Z UJ I,LI LU D. < REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT DECEDENTS NAME (LAST, FIRST, AND MIDDLE INITIAL) II DATE OF DEATH. (MM-DD-,YEAR) ' DATE OF BIRTH (MM-DD-YEAR) /.,/., (IF APPLICABLE) SUJ;~fVIVING SPOUSE'S NAME (LAST, FIRST, AND ,I~IDDLE INITIAL) E~'I': Original Return r---I 4. Limited Estate [~,-.O':Decedent Died Testate (Attach copy of Will) E~9. Litigation Proceeds Received FIRM NAME CfApplicable) TELEPHONE NUMBER OFFiCiAL USE ONEY FILE NUMBER SOCIAL SECURITY NUMBER /¢'¢ - - THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS SOCIAL SECURITY NUMBER 1~2. Supplemental Return [] 3. Remainder Return (date of death prier to 12-13-82) [] 4a. Future Interest Compromise (date of death after 12-12-82) [] 5. Federal Estate Tax Return Required E~]7. Decedent Maintained a Living Trust (Attach copy of Trust) __ 8. Total Number of Safe Deposit Boxes ~"~10. Spousal Poverty Credit (date of death between 12-31-91 and 1-1-95) [] 11. Election to tax under Sec. 9113(A) (Attach Sch O) COMPLETE MAILING ADDRESS 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 (5) (Schedule E) 6. Jointly Owned Property (Schedule F) (6) ]Separate Billing Requested 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (7) (Schedule G or L) 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) 11. Total Deductions (total Lines 9 & 10) 12. Net Value of Estate (Line 8 minus Line 11) OFFICIAL USE ONI:Y (8) 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made (Schedule J) 14. Net Value Subject to Tax (Line 12 minus Line 13) (11) (12) (13) (14) SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 (a)(1.2) x .0 __ (15) 16. Amount of Line 14 taxable at lineal rate x .0 __ (16) 17. Amount of Line 14 taxable at sibling rate x .12 (17) 18. Amount of Line 14 taxable at collateral rate x .15 (18) 19. Tax Due (19) Decedent's Complete Address: STREET ADDRESS STATE Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount (1) Total Credits ( A + B + C ) 3. Interest/Penalty if applicable D. Interest E. Penalty Total Interest/Penalty ( D + E ) 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Check box on Page 1 Line 20 to request a refund 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. A. Enter the interest on the tax due. B. Enter the total of Line 5 + SA. This is the BALANCE DUE, (2) (3) (4) (5) (5Al (5B) Make Check Payable to: REGISTER OF WILLS, AGENT PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No a. retain the use or income of the property transferred; .......................................................................................... [] b. retain the right to designate who shall use the property transferred or its income; ............................................ [] c. retain a reversionary interest; or .......................................................................................................................... [] d. receive the promise for life of either payments, benefits or care? ...................................................................... [] 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration? .............................................................................................................. [] 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. Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct and complete. Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge. SIGNA~RE OF PERSON RESPONSIBLE FOR FILING RETURN SIGNATURE OF PREPARER OTHER THAN REPRESENTATIVE DATE ADDRESS For dates of death on or after July 1, 1994 and before January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3% [72 P.S. §9116 (al (1.1)(il]. For dates of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0% [72 P.S. §9116 (al (1.1) The statute does not exempt a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax return are still applicable even 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 paren' or a stepparent of the child is 0% [72 P.S. §9116(a)(1.2)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4.5%, except as noted in 72 P.S. §9116(1.2) [72 P.S. §9116(a)(1)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 12% [72 P.S. §9116(a)(1.3)]. A sibling is defined, under Section 9102, as a~ individual who has at least one parent in common with the decedent, whether by blood or adoption. R~-V~°~ EX* 0-9Z) ~ COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF SCHEDULE E CASH, BANK DEPOSITS, & MISC. FILE NUMBER PERSONAL PROPERTY Include the proceeds of litigation and the date the proceeds were received by the estate. All property jointly-owned with the right of survivorship must be disclosed on Schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH ~' ~.l 3o6. [3 TOTAL (Also enter on line 5, Recapitulation) (If more space is needed, insert additional sheets of the same size) of Marysville-~'~' P.O. BOX B MARYSVILLE, PA 17053 TELEPHONE (717) 957-2196 CHARLES O CASSELL OR KATIE CASSELL 1450 MILLER RD DAUPHIN PA 17018-9742 WE'RE ALWAYS OPEN! GET YOUR BALANCE, TRANSFER FUNDS 24-HOURS A DAY, 7 DAYS A WEEK WITH DIAL-A-BANK JUST CALL (717) 957-2090 THANK YOU FOR BANKING WITH US. PRIMARY ACCT: 327018 STATEMENT PERIOD: 05~06~2003 - 06/0212003 327018 i 01/00 02 DESCRIPTION CHECKS DEPOSITS BALANCE LAST STATEMENT AVERAGE BALANCE FOR THIS STATEMENT CYCLE: DATE BALANCE 05/05 306.13 $306.13 ACCOUNT PREVIOUS TOTAL TOTAL SERVICE ..... NUMBER ....... BALANCE ......... DEBITS ......... CREDITS ..... CHARGE. DDA 327018 306.13 .00 .00 .00 ENDING ..BALANCE.. 306.13 E¥-I511EX+(1-97) · ~ COMMONWEALTH Of PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS ESTATE OF FILE NUMBER Debts of decedent must be reported on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT FUNERAL EXPENSES: ADMINIST~TIVE COSTS: Pemonal Represen~five's Commissions Social Secud~ Number(s)/EIN Numberpf Pemonal Represen~tive(s) ~.0¢~_ Steet Address / ~ ~ ~ ~ ~//~ ~ ~ CiW ~~ I~ State Year(s) Commission Paid: ~ A~omey Fees Family Exemption: (If de.dent's addre~ is not the same as claimant's, a~ach explana~on) Claimant Street Address City State __Zip Relationship of Claimant to Decedent Probate Fees Accountant's Fees Tax Retum Preparer's Fees /'7' TOTAL (Also enter on line 9, Recapitulation) $ ~_~ ~ ~,.~" ~--~' (If more space is needed, insert additional sheets of the same size) STATUS REPORT UNDER RULE 6.12 Name of Decedent: Date of Death: will No. D. Ch sse l l Admin. No. ~D~ -~O Id) ~ 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: State whether administration of the estate is complete: Yes / No 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? Yes / No 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 ~ No d. Copies of receipts, releases, joinders and approvals of formal or informal accounts may be filed with the Cerk of the Orphans' Court and may be attached to this report. Date: Name (Please ~ddres ' Tel. . Capacity: c"~ersonal Representative (MAH:rmf/AM3) __Counsel for personal representative STATUS REPORT UNDER RULE 6.12 Name of Decedent: Date of Death: will .o. ~/- O~ D. sse / I Admin. No. ~DS~ -~O /O ~ 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: State whether administration of the estate is complete: Yes / No 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? Yes 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 ~ No d. Copies of receipts, releases, joinders and approvals of formal or informal accounts may be filed with the Cerk of the Orphans' Court and may be attached to this report. S ~'~q~U re ..... Name (Please typ~ ~ print ~ddres~ T~i .' NG. - ' Capacity: ~/~ersonal Representative __Counsel for personal representative (MAH:rmf/AM3) ,BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX D:LVZSTON DEPT. 180601 HARR/SBURG, PA 17118-0601 COMMONNEALTH OF PENNSYLVANIA BEPARTMENT OF REVENUE NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLONANCE OR DZSALLO#ANCE OF DEDUCTIONS AND ASSESSMENT OF TAX REV-1547 EX AFP (01-05) CATHERINE ALBRIGHT lq50 MILLER RD DAUPHIN ~i~ ~r BATE 07-28-200:3 ~:'~ :. ESTATE OF CASSELL CHARLES 0 DATE OF DEATH 12-21-2002 FILE NUMBER Z1 0:3-010:3 'OJ JUL ~ /~ :~1 COUNTY CUMBERLAND ACN 101 PA ~?~18 Amoun~ Remitted HAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF HILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 1701:3 CUT ALONG THIS LINE ~ RETAIN LONER PORT/ON FOR YOUR RECORBS ~ D~SALLONANCE OF DEBUCTZONS ANB ASSESSMENT OF TAX ESTATE OF CASSELL CHARLES 0 FILE NO. 21 0:3-010:3 ACN 101 BATE 07-28-200:3 TAX RETURN NAS: (X) ACCEPTED AS FILED ( ) CHANGED RESERVATION CONCERNING FUTURE 1NTEREST - SEE REVERSE APPRA]:SEB VALUE OF RETURN BASEB ON.' 1. Reel Es~a~e (Schedule A) 2. $. q. 5. 6. 7. 8. ORIGINAL RETURN (1) S~ocks and Bonds (Schedule B) (2) Closely Held S~ock/Per~nership ln~eres~ (Schedule C) (3) Mortgages/No,es Receivable (Schedule D) (q) Cash/Bank Deposits/Misc. Personal Proper~y (Schedule E) (5) Jointly O~ned Proper~y (Schedule F) (6) Transfers (Schedule G) (7) To~el Asse~s APPROVEB BEDUCTZONS ANB EXEMPT]:ONS: 9. Funeral Expenses/Adm. Cos~s/M/sc. Expanses (Schedule H) 10. Deb~s/Mortgege Liabilities/Liens (Schedule I) 11. To'l:al Deductions lP. Na~ Value of Tax Re~urn 13. 1~. (9) (10) Cheri~eble/governmen*al Bequests; Non-elected 9115 Trus*s (Schedule J) Ne~ Value of Es~m~e Subjec~ ~o Tax O0 O0 O0 O0 :306 1:3 O0 O0 (8) 665.56 .00 (11) (12) (13) NOTE: Z~ an assessBent ~as issued prev/ously, 11nas 14, 15 and/or 16, 17, reflect figures that include the total of ALL returns assessed to date. ASSESSMENT OF TAX: 15. Amoun~ of Line lq a~ Spousal ra~e 16. Amoun~ of Line lq ~axable a~ Lineal/Class A re~e 17. Aaoun~ of Line lq e~ Sibling ra~e 18. Amoun~ of Line lq ~axeble e~ Collateral/Class B ra~e 19. Principal Tax Due TAX CREDITS PAYMENT RECEIPT DISCOUNT (+) DATE NUMBER INTEREST/PEN PAZD (-) NOTE: To insure proper credi~ ~o your account, submi~ ~he upper portion of ~his fore w~h your ~ax payment. :306.1:3 ZF PAID AFTER DATE INDICATED, SEE REVERSE FOR CALCULATION OF ADDITIONAL /NTEREST. 665.56 .00 18 and 19 ~111 (1.;), .00 x O0 = .00 (16), .00 X 0~.5 = .00 (17), .00 x 12 = .00 (la) .00 x 15 = .00 (19)= . O0 AMOUNT pATD TOTAL TAX CREBZT BALANCE OF TAX BUE INTEREST AND PEN. TOTAL BUE .00 .00 .00 .00 ( IF TOTAL DUE 1S LESS THAN $1, NO PAYMENT IS REBUZRED. ZF TOTAL DUE IS REFLECTED AS A "CREDIT' (CR), YOU MAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORM FOR /NSTRUCTZONS.) RESERVATION: PURPOSE OF NOTICE: PAYNENT: REFUND OBJECTIONS: ADNIN- ISTRATIVE CORRECTIONS: DISCOUNT: PENALTY: INTEREST: Estates of decedents dying on or baR=re December 12, 198Z -- if any futura interest in the estate is transferred in possession or enjoyment to Class 8 (collateral) beneficiaries of the decedent after the expiration of any estate for life or for years, the Commonmealth hereby expressly reserves the right to appraise and assess transfer Inheritance Taxes at the laaful Class B (collataral) rate on any such future interest. To fulfill the requirements of Section il40 of the Inheritance and Estate Tax Act, Act Z3 of ZOO0. (Ti P.S. Section 9140). Detach the top portion of this Notice and submit ~ith your payment to the Register of #i118 printed on the reverse side. --Hake check or money order payable to: REGISTER OF NXLLS, AGENT A refund of a tax credit, ~hich aaa not requested on the Tax Return, may ba requested by completing an "Application for Refund of Pennsylvania Inheritance and Estate Tax" (REV-13X3). Applications ere available at the Office of the Register of Hills, any of the Z3 Revenue District Offices, or by calling the special 24-hour answering service for fores ordering: 1-800-36Z-EOSO; services for taxpayers ~ith special hearing and / or speaking needs: 1-800-q47-3OZO (TT only). Any party in interest not satisfied ~ith the appraisement, allowance, or disallo.ance of deductions, or assessment of tax (including discount or interest) as sho~n on this Notice must object ~lthin sixty (60) days of receipt of this Notice by: --~ritten protest to the PA Department of Revenue, Board of Appeals, Dept. ZBIOZ1, Harrisburg, PA 171ZS-iOZ1, 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 ariting to: PA Department af Revenue, Bureau of Individual Taxes, ATTN: Post Assessment Revie~ Unit, Dept. Z80601, Harrisburg, PA 171Z8-0601 Phone (717) 787-6505. See page 5 of the booklet "Instructions for Inheritance Tax Return for a Resident DecadenV' (REV-1501) far an explanation cf administratively correctable errors. If any tax due is paid eithin three (5) calendar months after the decadent's death, a five percent (Si) discount of the tax paid is elXo~ad. The 1SI tax amnesty non-participation penalty is computed on the total of the tax and interest assessed, end 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 tiaa period as you ~ould appeal the tax and interest that has been assessed as indicated on this notice. Interest is charged beginning aith first day of delinquency, or nine (9) months and cna (1) day from the date of death, to the date of payment. Taxes ~hich became delinquent before January 1, 1982 bear interest at the rate cf six (6Z) percent per annum calculated at a daily rate of .000164. All taxes which became delinquent on and after January X, 198Z ~il1 bear interest at a rate ~hich mill vary from calendar year to calendar year aith that rata announced by the PA Department of Revenue. The applicable interest rates for 1982 through Z003 are: Interest Daily Interest Daily Interest Daily Year Rate Factor Year Rate Factor Year Rate Factor 198Z ZOZ .000548 1987 9Z .OODZ47 1999 7Z .O0019Z 1983 16Z .000458 1988-1991 llZ .000501 ZOO0 8Z .000219 1984 lIE .000301 1992 9Z .000247 ZOO1 9Z .000Z47 1985 132 .000356 1993-1994 72 .O0019Z ZOOZ 62 .000164 1986 10Z .000Z74 1995-1998 9Z .000Z47 ZOO3 5Z .000137 --Interest is calculated as follo~s: INTEREST = BALANCE OF TAX UNPAID X NUIJBER OF DAYS DELXNI~UENT X DAILY INTEREST FACTOR --Any Notice issued after the tax becomes delinquent ~ill reflect an interest calculation to fifteen (15) days beyond the date of the assessment. If payment is made after the interest computation date sho~n on the Notice, additional interest must be calculated.