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HomeMy WebLinkAbout03-11-11 (3)EX (01-10) ~ REV-7rJ~O ~ 1505610143 PA De artment of Revenue ~ OFFICIAL USE ONLY P Pennsylvania County Code veer File Number Bureau of Individual Taxes DEPARTMENT OF REVENUE Po Box.2soso~ INHERITANCE TAX RETURN 2 1 10 1 19 9 Harrisburg, PA 17'128-0601 RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death Date of Birth 201 16 5024 05 11 2010 05 12 1926 Decedent's Last Name Suffix Decedent's First Name MI LIPPERT WILLIAM S (lf Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI LIPPERT PAMELA S Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW ® 1. Original Retum ^ 2. Supplemental Return ^ 3. Remainder Return (date of death prior to 12-13-82) ^ 4. Limited Estate ^ 4a. Future Interest Compromise ^ 5. Federal Estate Tax Retum Required (dale of death after 12-12-82) 0 ® 6 Decedent Died Testate ^ ~ Decedent Maintained a Living Trust (Attach Copy of Will) (Attach Copy of Trust) ZIP Code ^ 9. Litigation Proceeds Received ^ 1 p, Spousal Poverty Credit (dale of death 11. Election to tax under Sec. 9113 A between 12-31-91 and 1-1-95) ^ ( ) (Attach Sch. O) CORRESPONDENT -THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number CRAIG A DIEHL ESQUIRE CPA 717 763 7613 First line of address 3464 TRINDLE ROAD Second line of address City or Post Office CAMP HILL State PA 8. Total Number of Safe Deposit Boxes REGISTER OQ1I~LLS USE bNLY Y~ .J -..- v ` ' i' l - I__.. -.~- _, ` - -_ a ~,~ '~ _...t j°.•. j DAI~FILED 170114436 7~ , T1 f, ..; . .1 3 ~ J f ''~ . 0 Correspondent's a-mail address: C d l e h l@ C a d 1 e h 11 a W. C O m Under penalties of pery'ury, 1 declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is tru~, correct and complete. Declaration of preparer other than the personal representative Is based on all information of which preparer has any knowledge. SIGNAJr/1RE OF PERSON RESP~QNSIBL~ FOR FILING RETURN DATE Pamela S. Lippert a? 420 St. John's Drive, Camp Hill, PA 17011 SIGNAT~I RE OF PREPAREF~OTH~THP~(J gEPRESENTATIVE DATE / ADDRESS )~~~~ Craig A Diehl Esquire CPA 3464 Trindle Road, Camp Hill, PA 170114436 Side 1 1505610143 1505610143 J 1505610243 REV-1500 EX Decedent's Social Security Number oeoedeot~s Name L I P P E R T, W I L L I A M S 2 0 1 1 6 5 0 2 4 RECAPITULATION 1. Real Estate (Schedule A) ................................................................................... ~...... 1. 2. Stocks and Bonds (Schedule B) ............................................................................... 2. 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C).......... 3. 4. Mortgages & Notes Receivable (Schedule D) .......................................................... 4. 84,383.00 5• Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) ................ 5. 6. Jointly Owned Property (Schedule F) ^ Separate Billing Requested ............. 6. 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property 6 7 9 7 2 6 0 8 (Schedule G) ^ Separate Billing Requested ............. 7. , g. Total Gross Assets (total Lines 1-7) ....................................................................... g, 7 6 4, 1 0 9. 0 8 6,477.96 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) ...................................................................... 11, 6 , 4 7 7 9 6 12. Net Value of Estate (Line 8 minus Line 11) ............................................................. 12. 757,631.12 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made (Schedule J) ...............,................................. 13. 14. Net Value Subject to Tax (Line 12 minus Line 13) ................................................. 14. 757,631.12 TAX COMPUTATION -SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 7 5 7, 6 3 1.12 15 0 0 0 (a)(1.2) x .o0 . 16. Amount of Line 14 taxable at lineal rate X .045 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. 0.00 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. ^ Side 2 1505610243 1505610243 J ' REV-151)0 EX Page 3 Decedent's Complete Address: File Number 21 - 10 - 1199 D Lippert, William S STREET ADDRESS 420 St. John's Drive CITY Camp H[II STATE PA ZIP 17011 Tax Payments and Credits: 1. Tax Due (Page 2, Line 19) 2. Credits/Payments A. prior Payments E. Discount 3. Interest 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Check box on Page 2 Line 20 to request a refund g. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (1) 0.00 Total Credits (A + B) (2) 0.00 (3) 0.00 (4) (5) 0.00 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 .................................................................................................................. ^ x 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? ....................................................................................................................... ^ 0 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death?......... ^ x^ 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. For dates of death on or after July 1, 1994 and before Jan. 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3 percent [72 P.S. §9196 (a) (1.1) (i)]. For dates of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0 percent [72 P.S. §9116 (a) (1.1) u)]. The statute does not exempt a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1, 2000: • The tax rate imposed on the net value of transfers from a deceased child 21 years of age or younger at death to or for the use of a natural parent, an adoptive parent, or a stepparent of the child is 0 percent [72 P.S. §9116 (a) (1.2)]. • The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4.5 percent, except as noted in 72 P.S. §9116 1.2) [72 P.S. §9116 (a) (1)]. • The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 12 percent p2 P.S. &9116 (a) (1.3)1. A sibling is defined under Section 9102, as an individual who has at least one parent in common with the decedent, w ether y blood or adoption. SCHEDULE E CASH, BANK DEPOSITS, & MISC. OOMMONWEALTH OF PENNSYLVANIA PERSONAL PROPERTY INHERITANCE TAX RETURN RESIDENT DECEDENT - FILE NUMBER ESTATE OF Lippert, William S 21 - 10 - 1199 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 ~ DESCRIPTION VALUE AT DATE OF NUMBER DEATH 1 Gateway Plus -Account #0610019853 84,383.00 TOTAL (Also enter on Line 5, Recapitulation) ~ 84,383.00 COMMONWEALTH OF PENNSYLVANIA SCHEDULE G INHERITANCE TAX RETURN INTER-VIVOS TRANSFERS & RESIDENTDECEDENT MISC. NON-PROBATE PROPERTY ESTATE OF Lippert, William S FILE NUMBER 21 - 10 - 1199 This schedule must be completed and filed if the answer to any of questions 1 through 4 on page 2 is yes. ITEM NUMBER DESCRIPTION OF PROPERTY Include the name of the transferee, !hair relationship to decedent and the date of trensfer. Attach a copy of the deed for real estate. DATE OF DEATH VALUE OF ASSET % OF DECD'S INTEREST EXCLUSION (IF APPLICABLE) TAXABLE VALUE 1 The Hartford -Nonqualified Annuity 340,259.72 100% 340,259.72 Acct#711261568 2 Hartford Leaders Plus -Nonqualified Annuity 339,466.36 100% 339,466.36 Acct#711667107 TOTAL (Also enter on line 7, Recapitulation) 679,726.08 S(~-EDIJLE H Fl1NERAL EXPENSES & COMMONWEALTH OF PENNSYLVANIA ~/~ INHERITANCE TA%RETURN ~~Tf V1~E ~JJ 1 J RESIDENT DECEDCNT FILE NUMBER ESTATE OF Lippert, William S 21 - 10 - 1199 Debts of decedent must be reported on Schedule I. ITEM NUMBER FUNERAL EXPENSES: DESCRIPTION AMOUNT A. 1 Myers Funeral Home -Funeral Expense 4,700.00 2 Myers Funeral Home -Tombstone Inscription 140.00 B. ADMINISTRATIVE COSTS: ~, Personal Representative's Commissions Name of Personal Representative(s) Street Address City State Zip Year(s) Commission paid 2. Attorney's Fees Law Offices of Craig A. Diehl 1,100.00 3. 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 4. Probate Fees Register of Wills, Cumberland County 265.50 5. Accountant's Fees 6. Tax Return Preparer's Fees 7. Other Administrative Costs 1 Cumberland Law Journal -Estate Advertisement 75.00 TOTAL (Also enter on line 9, Recapitulation) 6,477.96 COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT Schedule H Funeral Expenses & Adrninistrative Cosfis continued ESTATE OF Lippert, William S FILE NUMBER 21 - 10 - 1199 2 I The Sentinel -Estate Advertisement I 176.92 3 Law Offices of Craig A. Diehl -Cued Mail Cost for DPW Letter 5.54 4 Register of Wills -Filing Fee for Inheritance Tax Return 15.00 Page 2 of Schedule H REV-1513 EX+ (~~-OB) ~ SCHEDULE) COMMONWEALTH OF PENNSYLVANIA BENEFICIARIES INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Lippert, William S FILE NUMBER 21 -10 - 1199 RELATIONSHIP TO SHARE OF ESTATE AMOUNT OF ESTATE NUMBER NAME AND ADDRESS OF PERSON(S) DECEDENT (Words) ($$$) RECEIVING PROPERTY D° Not Llst Trustee(s) I~ TAXABLE DISTRIBUTIONS [include outright spousal distributions and transfers , under Sec. 9116 (a) (1.2)] 1 Pamela S. Lippert Spouse 100% of Residue 420 St. John's Drive Camp Hill, PA 17011 Enter dollar amounts for distributions shown above on lines 1 5 through 18 on Rev 1500 cover sheet, as appropriate. III NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET ~ 0.00 ~~~~ .i~~ ~n~ (~ ~,~~xzat~~i~ OF WILLIAM S. LIPPERT I, WILLIAM S. LIPPERT, of Hampden Township, Cumberland County; Pennsylvania, being of sound and disposing mind, memory and understanding, do make, publish and declare this to be my Last Will and Testament hereby revoking and making void all previous Wills and Codicils heretofore made by me. FIRST The expenses of my last illness and funeral shall be paid from the property of my estate. I also direct that all estate, inheritance, and other death taxes imposed by reason of my death shall be paid from the property of my estate. SECOND I give, devise and bequeath the rest, residue and remainder of my estate, together with all insurance proceeds thereon of whatsoever nature and wheresoever situate to my beloved spouse, PAMELA S. LIPPERT, providing that she survives me by thirty (30~ days. ~~ a _~:_ -- c~ -o L._ r ;'~ ~' Zrn ~ ~ - - _v'? , (7 ~ `~ ~. _ r-'7, l~ ' ~-~ ' ~ ~ -. ~"~S LAST WILL AND TESTAMENT OF WILLIAM S. LIPPERT THIRD Should my spouse, PAMELA S. LIPPERT, predecease me or die on or before the thirtieth (30`") day following my death, then I give, devise and bequeath the rest, residue .and remainder of my estate together with all insurance proceeds thereon of whatsoever nature and wheresoever situate in equal shares to my stepchildren, DENNIS A. GILMORE, DENISE L. MILLER and DONIEL E. KOLM, who survive me by thirty (30) da;~s, der stirpec. It is further. my desire that my personal representative, after consultation with any heir or heirs of mine who survive me, and in her own discretion, choose such- articles from my tangible personal property (exclusive of cash, stock certificates, bonds, and all other tangible evidence of intangible personal property) as she believes will be useful to such heir or heirs or desirable for them to have, either from a sentimental point of view or otherwise, and to deliver such articles to such heir or heirs or among such heirs in equal or unequal shares as determined by the further exercise of her discretion, provided no other heir objects to the distribution. All intangible personal property not so distributed is to be sold, either publicly or privately, by .my personal representative, adding the proceeds of such sale or sales to my residuary estate and to be disposed of in equal shares among my surviving heirs after payment of my estate debts, taking into account the tangible personal property otherwise provided to them. FOURTH I grant my personal representative the following powers in addition to and not in limitation of such powers as my personal representative shall hold by law: Page2of7 LAST WILL AND TESTAMENT OF WILLIAM S. LIPPERT (a) To retain all property received including the stock of any corporate fiduciary acting hereunder, provided such property remains productive. (b) To join in any corporation, partnership, recapitalization, merger, reorganization or voting trust plan; to delegate authority with respect thereto; to deposit investments under agreements and pay assessments; and generally to exercise all rights of investors, including but not limited to, the voting of shares. (c) To manage, operate, repair, improve, mortgage or lease on any terms any real estate held or owned by my estate. (d) To operate any business that I may own at my death. (e) To invest any funds of my estate in any stocks, bonds, notes or other securities or property, real or personal, without regard to the principle of diversification or any other statute or general rule of law in her absolute discretion, it being my intention to give my personal representative the broadest investment powers possible, providing such investments do not unnecessarily prevent the prompt settlement of my estate. (f) To sell or otherwise dispose of any property, real or personal, tangible or intangible, at any time forming a part of my estate in any manner and on such terms and conditions as my personal representative shall see fit in her absolute discretion. (g) To borrow money for the payment of taxes or for any other proper purposes in the administration of my estate, and to mortgage or pledge estate assets as security. (h) To compromise claims without court approval including, but not limited to, any controversies with the United States of America or the Commonwealth of Page 3 of 7 LAST WILL AND TESTAMENT OF WILLIAM S. LIPPERT Pennsylvania concerning estate and inheritance taxes on any interests that may pass under this my Last Will and Testament. (i) To distribute in cash or in kind upon any division or distribution of my estate. (j) To undertake any and all acts deemed necessary and proper by my personal representative for the proper, advantageous and prompt management of the settlement of my estate. (k) In general, to exercise all powers in the management of my estate which any individual could exercise in the management of similar property owned in his own right, upon such terms and conditions as to her may seem best and to execute and deliver all instruments and to do all acts which she deems necessary or proper to carry out the purposes of this, my Last Will and Testament. FIFTH I nominate, constitute and appoint my spouse, PAMELA S. LIPPERT, as personal representative of this my Last Will and Testament. In the event my spouse is deceased, unable or unwilling to serve or shall cease to serve for any reason whatsoever, then I nominate, constitute and appoint DONIEL E. KOLM as personal representative of this my Last Will and Testament. I direct that my personal representative shall not be required to give or post bond for the faithful performance of her duties in this or any other jurisdiction. Page 4 of 7 LAST WILL AND TESTAMENT OF WILLIAM S. LIPPERT IN .WITNESS WHEREOF, I hereunto set my hand to this my Last Will and ~,, r Testament this t~" day of ~~ ~-~ ~' f 2008. WITNESS: ;; ~ ~-. ~, , ~F ~ ~ - ~' ~~ ~ / i°'C <":~. ~- -r a: ;`f ~ LF d/ ~ ..~ ~` V4'ILLIA-11~S. LIPPERT Page 5 of 7 LAST WILL AND TESTAMENT OF WILLIAM S. LIPPERT ACKNOWLEDGMENT COMMONWEALTH OF PENNSYLVANIA SS. COUNTY °OF !~ t ; t'i~~ lam;' ~~ ! ~ ; , ,.;~ . I, WILLIAM S. LIPPERT, the 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 S ERT Sworn or armed and acknowledged before me by WILLIAM S. LIPPERT, the Testator, this ~' `' ~ day of ~t..C.~ , 2008. 1 ! ~ ~I f(~ / /~ NOTt~RY PUBLIC C~+~'r}~~i ~~~~~f.E..l ~ ~~ PF: iVt~{.~.'i ~i t~~%.lil~~~.`a NOTARIAL SEAL STEPHANIE M. P,IDER, Notary Public € Camp Hill Boro., Cumberland County I P My Commission Expires October 31, 2p09 Page 6 of 7 LAST WILL AND TESTAMENT OF WILLIAM S. LIPPERT AFFIDAVIT COMMONWEALTH OF PENNSYLVANIA COUNTY OF ~_,~ ~, >'1'~ ; u~,~- ! 1 f°~~ __ WE, ~~'', _, .. ~~ a ~ . SS. r , ~ -~~ ~. and ( ~r, Yr~, 's ~ ~ i the witnesses whose names are attached to the foregoing document, being duly qualified according to law, do depose and say that we were present and saw Testator sign and execute the instrument as his Last Will and Testament; that he signed willingly and that he executed it as his free and voluntary act for the purposes therein expressed; that each subscribing witness in the hearing and sight of the Testator signed the Last Will and Testament as witnessed and that to the best of our knowledge the Testator was at the time eighteen (18} or more years of age, of sound mind and under no constraint or undue influence. Sworn or affirmed and subscribed before me by < ~;~~ t~^. G ~~ ; ~ ° : ,- jR>•, . ~,,~;_a }~-- { and ,~~~, ~ ~~~,,.~~ P f t ~1 ' ` ~.;,r,°~";1 ~; this ~ ~ day of "_~;~' ~~~: ~ ~ 2008. ~. ~' ~--- r _ _ ~.~ ` NOTARY PUBLIC ,e ~a{R~~~~,~;~~~Rt_re~~ t~~-:-~r-_~sr~_sv€.y~nu~ H NvTAF":fAL Sl`AL ?"~f"i-f~~NIE: ~. RfG`;~R, Notary Public Page 7 of 7 ~:~r~~; F§+lf Corm., Cumberland County Eii~t >`.°a;~~:~ssi~an Expires October ~1, ~DD~ Law Offices of Craig A. Diehl 3464 Trindle Road Camp Hill, Pennsylvania 17011 Telephone (717) 763-7613 Fax (717)763-8293 www.cadiehllaw.com Craig A. Diehl, Esquire, CPA Thomas L. McGlaughlin, Esquire February 15, 2011 In Spring Grove, Pennsylvania 119A West Hanover Street Spring Grove, PA 17362 Telephone: (717) 225-1929 Glenda Farner Strasbaugh Register of Wills Cumberland County Courthouse One Courthouse Square Carlisle, PA 17013 RE: Estate of William S. Lippert Estate No. 21 10 1199 Dear Ms. Strasbaugh: Enclosed for filing please find the following: 1. Original and two (2) copies of the Inheritance Tax Return REV-1500; and 2. Check in the amount of $15.00 for filing of the Inheritance Tax Return. Please time-stamp and return the copies of the Inheritance Tax Return in the enclosed self-addressed envelope. Should you have any questions, please feel free to contact me. Sincerely, ~t ~ lJ %~~ Craig A. Diehl, Esquire, CPA CAD/daf c~ :~, ~ yO Enclosures `- ~ : _ iTi ...~ " T` _ .~~ ~ ~__ __ _.. ;:~ -~~ m i _ _ _~ V ~ t `~ ~. 3~elsod sn '` ~ er trt') of N o N m O O a3~s~ 0 0 IL _~ .,~ 3 w o ~+ W Q .°~~ ~ • 00 ~ rrFM~~ A ~ M ~ ~v/ v P4 (/~ ~ ¢ O O ~~~ Ua r 6 p" ~~a~ ~ ~ d 5~ to M a ~ ~O ~ U ~ ~ ~ ~ ~ ~ ~cg a O ~ ~ ~'~ ~~ ~~~~ o" F