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HomeMy WebLinkAbout04-11-11J 1,5056071,21, REV~1500 EX (06.05, PA Department of Revenue OFFICIAL USE ONLY Bureau of Individual Taxes PO BOx 280601 INHERITANCE TAX RETURN County Code Year Hamsbur , PA 17128-0601 ~ ' RESIDENT DECEDENT 2 I L 0 ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death Date of Birth 1, 8 3 1, 8 3 9 7 5 0 7 1, 8 2 0 1, 0 0 9 2 9 L 9 2 2 Decedent's Last Name Suffix Decedent's First Name B O S S E R T L U T H E R (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name Spouse's Social Security Number MI K MI THIS RETURN MUST BE FILED IN DUPLICATE WITH THE FILL IN APPROPRIATE OVALS BELOW REGISTER OF WILLS 1. Original Return ^ 2. Supplemental Return 3. Remainder Return (date of death ^ 4. Limited Estate ^ prior to 12-13-82) 4a. Future Interest Compromise (date of ~ 5. Federal Estate Tax Return Required death after 12-12-82) ^X 6. Decedent Died Testate ~ 7. Decedent Maintained a Living Trust (Attach Copy of Will) (Attach Copy of Trust) 8. Total Number of Safe Deposit Boxes 9. Litigation Proceeds Received ^ 10. Spousal Poverty Credit (date of death between 12-31-91 and 1-1-95) ^ 11. Election to tax under Sec. 9113(A) CORRESPONDENT -THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX NFtORMAT ONO) Name SHOULD BE DIRECTED T0: Daytime Telephone Number R O B E R T G- M O F F E T T E S Q- 2 1 5 5 3 Firm Name (If Applicable) 6 1 6 6 0 First line of address 4 1 5 W E S T B R O A D Second line of address City or Post Office Q U A K E R T O W N S T R E E T State ZIP Code P A 1 8 9 5 1 REGISTER OI~ILLS USE ON1,Y' r 1 :5;3 ~ . ~ _---~ ,, r J - -y,; _~. -= J _ , ;-~ ~_ _. c~:-~ ,. ~ ~_.:. __ ~ ~ ,, ~ ; , -j _, DA~~FILED ~ ` _ _ '~ ~..., ~;,7 C> Correspondent's a-mail address: QTOWNLAW NNI.COM Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of m it is true, correct and complete. Declaration of preparer other than the personal representative is based on all information of which re arer ha y knowledge and belief, SIGNATURE .PERSON RESPONSIBLE FOR,PILING P P s any knowledge. ~~ ~ ~ ' D~TE ADDRESS .~ ~ ,, 201,4 BRAEBURN DRIVE SIG F TH H E ADDR S 415 WEST BROAD STREET ],505607121, MECHANICSBURG PA 1,7055 RESENTATIVE DATE ^ _ ~ i~ '" C QUAKERTOWN PA 1,8951 PLEASE USE ORIGINAL FORM ONLY Side 1 1505607121 J File NumbE~r 0 7 5 2 ,: J 1505607221 REV-1500 EX Decedent's Social Security Nurnber Decedents Name: LUTHER K• B O S S E R T 1, 8 3 1 8 3 9 7 3 RECAPITULATION 1. Real estate (Schedule A) ,, , , , , , , , ,, , , , ........... . 1. 2. Stocks and Bonds (Schedule B) . . . . . . . . ....... 2 0 ~ 0 0 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C) ..... 3. 4. Mortgages & Notes Receivable (Schedule D) .. , , , . , .... . 4. 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) ....... 5. 1 6 6 5 8 . 7 7 6. Jointly Owned Property (Schedule F) ^ Separate Billing Requested ..... 6. 1, 0 6 8 3 8 4 .. 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (Schedule G) ~ Se a t Bill . p ra e ing Requested ....... 7. 1, 4 7 0 7 0 . 0 0 8. Total Gross Assets (total Lines 1-7) . . .. . . . . . .................. 8. 1 7 4 4 1 2 ~ 6 L 9. Funeral Expenses & Administrative Costs (Schedule H) ................ 9. 4 8 3 2. 7 2 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) ............ 10. 5 9 4 7 11. Total Deductions (total Lines 9 & 10) 4 ....................11. 8 9 2 , 1, 9 12. Net Value of Estate (Line 8 minus Line 11) ......................... 12. 1, 6 9 5 2 0 ~ 4 2 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. 1, 6 9 5 2 0 . 4 2 TAX COMPUTATION -SEE INSTRUCTIONS FOR APPLI CABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 91.16 (a)(1.2) x .0 16. Amount of Line 14 taxable 0 0 0 15. 0. 0 0 at lineal rate X .045 1 6 9 5 2 0. 4 2 7 17. Amount of Line 14 taxable 16 6 2 8. 4 2 at sibling rate X .12 0 0 0 17 18. Amount of Line 14 taxable 0. 0 0 at collateral rate X .15 0 0 0 18 0 0 0 19. Tax Due ................................................19. 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT Side 2 1,505607221, 7 6 2 8. ~ 2 a Lsos6o7221 J REV-1500 EX Page 3 File Number Decedent's Complete Address: 21 10 0752 DECEDENT'S NAME LUTHER K. BOSSERT STREET ADDRESS - - - -- - - -_- 4905 E. TRINDLE ROAD, SUITE 96 - -- _ - -. CITY - - - - - - -_ _ --- --- --- -- ---- -- - - MECHANICSBURG Tax Payments and Credits: ~ ~ Tax Due (Page 2 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount 3. Interest/Penalty if applicable D. Interest E. Penalty _- ___ - - - - -- - -, ZIP -_---_- TATE - ~ P'4 it 17050 (1) 7 628.42 Total Credits (A + B + C) (2) 0.00 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT Total Interest/Penalty (D + E) (3) 0.00 Fill in oval on Page 2, Line 20 to request a refund. (4) 0.00 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) 7,628.42 A. Enter the interest on the tax due. (5A) B. Enter the total of Line 5 +SA. This is the BALANCE DUE. (56) 7,628.42 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; ...... ....................................................... ^ X 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? ....... ........................................ a a 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? ...................................................................................... f l fxl IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RE TURN 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 survivin s o~ise is three (3) percent [72 P.S. §9116 (a) (1.1) (i)], g p 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 zero (0) percent [72 P.S. §9116 (a) (1.1) (ii)]. The statute does not exempt a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1, 2000: The tax rate imposed on the net value of transfers from a deceased child twenty-one years of age or younger at death to or for the use of a natural parent, an adoptive parent, or a stepparent of the child is zero (0) percent [72 P.S. §9116(x)(1.2)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is four and one-half (4,5) percent, exce t as noted in 72 P.S. §9116(1.2) [72 P.S. §9116(x)(1)]. p The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is twelve (12) percent [72 P.S. §9116(x)(1.3)], Asibling is defined under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. ' REV-1508 EX + (6-98) SCHEDULE E COMMONWEALTH OF PENNSYLVANIA CASH, BANK DEPOSITS, ~ MASC. INHERITANCE TAX RETURN PERSONAL PROPERTY RESIDENT DECEDENT CCTATr nr LUTHER K. BOSSERT FILE NUMBER 21 10 0752 Include the proceeds of litigation and the date the proceeds were received by the estate. All property jointly-owned with right of survivorship must be disclosed on Schedule F. ITEM NUMBER DESCRIPTION VALUE AT DATE ~~ QNB Checking Account No. 156661 including interest accrued to OF DEATH date of death 8,537.62 2~ QNB Time Certificate Account No. 70264445 including interest accrued to date of death 8,121.15 TOTAL (Also enter on line 5, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 16 658.77 REV-9509 EX + (6-98) SCHEDULE F COMMONWEALTH OF PENNSYLVANIA JOINTLY-OWNED PROPERTY INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF LUTHER K. BOSSERT FILE NUMBER 21 10 0752 If an asset was made joint within one year of the decedent's date of death, it must be reported on Schedule G. SURVIVING JOINT TENANT(S) NAME ADDRESS RELATION~~HIP TO DECEDENT A. Mark A. Bossert 2105 Lick Fork Spencer, WV 25276 Son e Terry R. Bossert 2014 Braeburn Drive Mechanicsburg, PA 17055 Son c JOINTLY-OWNED PROPERTY: LETTER DATE DESCRIPTION OF PROPERTY ITEM FOR JOINT MADE INCLUDE ^IAME OF FINANCIAL INSTITUTION AND BANK ACCOUNT NUMBER OR SIMILAR DATE OF DEATH % OF DATE OF DEATH NUMBER TENANT JOINT IDENTIFYING NUMBER. ATTACH DEED FOR JOINTLY-HELD REAL ESTATE. DECD'S VALUE OF VALUE OF ASSET INTEREST C~ECEDENT'S INTEREST 1. A. 1977-80 36 Series E $25 U.S. Savings Bonds 4,235.00 50. 2,117.50 2• B 10/3/08 Metro Bank Checking Account No. 538301243 including interest accrued to date of death 3• B 10/3/08 Metro Bank Checking Account No. 538301250 including interest accrued to date of death 15,607.09 50. 1,525.57 50. 7,803.55 762.79 TOTAL (Also enter on line 6, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 10 683.84 __ REV-1510 EX + (6-98) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE G INTER-VIVOS TRANSFERS & MISC. NON-PROBATE PROPERTY ESTATE OF FILE NUMBER LUTHER K. BOSSERT 21 10 0752 This schedule must be cornpleted and filed if the answer to any of questions 1 through 4 on the reverse side of the REV-1500 COVER SHEET is yes. DESCRIPTION OF PROPERTY ITEM INCLUDE THE NAME OF THE?RANSFEREE,THEIR RELATIONSHIP TO DECEDENT AND DATE OF DEATH %OF DECD'S EXCLUSION TAXABLE NUMBER THE DATE OF TRANSFER: ATTACH A COPY OF THE DEED FOR REAL ESTATE. VALUE OF ASSET INTEREST (IF APPLICABLE) VALUE 1. Gift to son Mark A. Bossert on 11/6/09 76,535.00 100. 3,000.00 73,535.00 2. Gift to son Terry R. Bossert on 11/6/09 76,535.00 100. 3,000.00 73,535.00 TOTAL (Also enter on line 7 Recapitulation) $ _ 147, 070.00 (If more space is needed, insert additional sheets of the same size) REV-1511 EX + (10-06) SCHEDULE H COMMONWEALTH OF PENNSYLVANIA FUNERAL EXPENSES & IN R SID NT DECEDENTRN ADMINISTRATIVE COSTS ESTATE OF FILE NUMBER LUTHER K. BOSSERT 21 10 0752 Debts of decedent must be reported on Schedule I. ITEM NUMBER DESCRIPTION A• FUNERAL EXPENSES: AMOUNT ~. Jeffrey A. Naugle Funeral Home 1,777.54 B• ADMINISTRATIVE COSTS: ~ • Personal Representative's Commissions Name of Personal Representative (s) Street Address City State Zip Year(s) Commission Paid: 2, Attorney Fees Robert G. Moffett, Esquire 1,000.00 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 Letters Testamentary 124.50 5. Accountants Fees 6• Tax Return Preparers Fees 7• Country Meadows -July room & board for assisted living 1,930.68 TOTAL (Also enter on line 9, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 4 832.72 REV-1512 EX + (12-03) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE 1 DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS ~~~Hit ur LUTHER K. BOSSERT FILE NUMBER 21 10 0752 Report debts incurred by the decedent prior to death which remained unpaid as of the date of death, including unreimbursed medical ex enses. ITEM p NUMBER DESCRIPTION VALUE AT DATE OF DEATH 1 • ATT- credit card 59.47 TOTAL (Also enter on line 10, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 59.47 REV-1513 EX + (g-00) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE J BENEFICIARIES tJlAlt OF LUTHER K. BOSSERT NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY I TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 9116 (a) (1.2)] 1. Mark A. Bossert 2105 Lick Fork Spencer, WV 25276 2. Terry R. Bossert 2014 Braeburn Drive Mechanicsburg, PA 1'7055 AMOUNT OR SHARE OF ESTATE 1/2 residue 1.2 residue I ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18, AS APPROPRIATE, ON REV 1500 COVER SHEET II. NON-TAXABLE DISTRIBUT-ONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE 1. B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET $ (If more space is needed, insert additional sheets of the same size) FILE NUMBER 21 10 0752 RELATIONSHIP TO DECEDENT Do Not List Trustee(s) Lineal Lineal l~ ~~~ Y c ~~ u r r"' c~ n~ rn t.t a i r y I~ a n l< August 5, 2010 To: Robert G Moffett 415 West Broad St Quakertown, PA 18951 Re: Estate of Luther K Bossert Date of Death: July 18, 2010 To whom it may concern, P.O. Box 9005 Quakertown, PA 18951 -9005 215-538- 5600 800-491- 9C)70 www . QN13 . c:om The following represents information concerning the account which the above decedent had at this institution on the date of his/her death as shown above. Account Number: 70264445 Account Registration: Luther K Bossert If present registration is less than (1) year " , what was the prior registration?: hype of Account: Savings Checking ``In Trust For" Time Certificate X Date account opened: January 24, 2004 Certificate Face Value (if applicable): ~ 6,488.96 T; ~+~,.~ . ~ +v. ~. ~.,~ .,s f I~a~,,. ~~O 1.98 Maturity Date: January 29, 2013 Balance as of date of death: 8121.15 Interest included in above figure: 35.6 Notes/Comments: Very Truly Yours, ~~~ Karla Arnold T ,.- ~_~ ~~~ Y(1 La r" ~~, () IYl !Tl ll T7 1 X y ~ ~l tl ~~ August 5, 2010 To: Robert G Moffett 415 West Broad St Quakertown, PA 18951 Re: Estate ofd Luther K Bossert Date of Death: July 18, 2010 To whom it may concern, P.O. Box 9005 Quakertown, PA 18951- 9005 215-538- 5600 800-491- 9010 W W W. Q iii E~ . C O.~T1 The following represents information concerning the account which the above decedent had at this institution on the date of his/her death as shown above. Account Number: 156661 Account Registration: Luther K Bossert If present registration is less than (1) year , what was the prior registration`?: Type of Account: Savings Checking X "In Trust For" Time Certificate Date account opened: October 1, 2002 Certificate Face Value (if applicable): 4~,~r.~~I- 7~!~,~a,~. 111L1 V V l 1 ~a...~~. . Maturity Date: Balance as of date of death: 8537.62 Interest included in above figure: 0.15 Notes/Comments: Very Truly Yours, G~ Karla Arnold 'METRO BANK 3801 Paxton Street Harrisburg • PA • 17111 mymetrobank.com 888.937.0004 Robert G Moffett August 11, 2010 415 W Broad St Quakertown, PA 18951 RE: Estate of: Luther K. Bossert Tax Identification Number: 183-18-3973 Date of Death: July 18, 2010 To Whom It May Concern: This letter is in reference to decedent account information you requested for the individual listed above. We are able to provide the following: Account Type: Checking Account Number: 538301243 Date Opened: October 3, 2008 Primary Owner: Luther K. Bossert Secondary Owner: Terry Bossert Date of Death Balance: $15,607.09 Account Type: Checking Account Number: 538301250 Date Opened: October 3, 2008 Primary Owner: Luther K. Bossert Secondary Owner: Terry Bossert Date of Death Balance: $1,525.57 Please feel free to contact me at (717) 412-6105 if I may be of further assistance. Sincerely, ~~, , ~ ~~ _.~..~ ~ J ~. Cindy Shultz Support Associate/Deposit Services Metro Bank Calculated Value of Your Paper Savings Bond(s) Calculated Value of Your Paper Savings Bond(s) Page 1 o f Calculator Results for Redemption Date 07/2010 Testa; P~-::e $675.00 Bonds: 1-36 of 36 __ Total Interest $3,560.00 `~T~~? Interest $4.34 ~~~ ice, Series 0eno,n ~s'~~"e Next iD~~t2 cirur3l Fi$ai Maturity Issue Price Interest I~~terest 1lal~;e NA NA E E $25 $25 05/1977 04/1977 05/2007 $18.75 $120.65 late $139.40 NA E $25 03/1977 04/2007 03 2007 / $18.75 $18.75 $119.29 $119 29 $138.0 NA NA E E $25 $25 08/1977 07 1 08/2007 $18.75 . $120.92 $138.0 $139.67 NA E $25 / 977 06/ 1977 07/2007 06/2007 $18.75 $18.75 $120.92 $120 95 $139.67 NA NA E E $25 $25 11/1977 10 1 11/2007 $18.75 . $109.34 $139.70 $128.09 NA E $25 / 977 09/1977 10/2007 09/2007 $18.75 $18.75 $120.92 $120 92 $139.67 NA NA E E $25 $25 02/1978 01 02 2008 / $18.75 . $109.70 $139.67 $128.45 NA E $25 /1978 12/1977 01/2008 $18.75 $109.70 $128.45 NA E $25 05/1978 12/2007 05/2008 $18.75 $18.75 $109.70 $87 92 $128.45 NA NA E E $ 25 $25 04/ 1978 03/1978 04/2008 $18, 75 . $89'79 $106.67 $108.54 NA E $25 08/ 1978 03/2008 08/2008 $18.75 $18.75 $89.79 $88 22 $108.54 NA NA E E $25 $25 07/1978 06/1978 07/2008 $18.75 . $88.22 $106.97 $106.97 NA E $25 11/1978 06/2008 11/2008 $18.75 $18,75 $88.19 $89 23 $106.94 NA NA E E $25 $25 1Oj1978 09/1978 10/2008 $18.75 $88.22 $107.98 $106.97 NA E $25 02/1979 09/2008 02/2009 $18.75 $18.75 $88.22 $89 53 $106.97 NA NA E E $25 $25 01/1979 12/1978 01/2009 $18.75 . $89.53 $108.28 $108.28 NA E $25 05/ 1979 12/2008 05/2009 $18.75 $18.75 $89.52 $90 58 $108.27 NA NA E E $25 $25 04/1979 03/ 1979 04/2009 $18.75 . $89.53 $109.33 $108.28 NA E $25 08/ 1979 03/2009 08/2009 $18.75 $18.75 $89.53 $90 84 $108.28 NA NA E E $25 $25 07/1979 06/1979 07/2009 $18.75 . $90.84 $109.59 $109.59 NA E $ 25 11/ 1979 06/2009 11/2009 $18.75 $18.75 $90.84 $109.59 NA NA E E $25 $25 10/1979 09j 1979 10/2009 $18.75 $90.84 $110.62 $109.59 E $25 02/1980 09/2009 02/2010 $18.75 $18.75 $910 87 $109.59 NA NA E E $25 $25 01/1980 12/1979 01/2010 $18,75 . $110.62 $110.62 12/2009 Totals for 36 Bonds $ $18.75 $91.87 675.00 $3 560 00 $110.62 , . $4,235.00 Note NI Not Issued NE Not eligible for payment PS Incl udes 3 month i nterest penalty http:/iwww.treasurYdirect.gov!BC/SBCPrice ~ total ~talaue $4,235.00 I~~tta MA 4 MA 4 MA MA MA MA MA MA MA MA MA MA MA MA MA MA MA MA MA MA MA MA MA MA MA MA MA MA MA MA MA MA MA ~M A IM A ILIA 10/4/2010 LAST WILL AND TESTAMENT OF LUTHER K. BOSSERT I, LUTHER K. BOSSERT of Milford Township, Bucks County, Perlnsylvarua, bring of sound mind, memory and understanding, do hereby make my Last Will and Testament and revoke all Wills or writings in the nature thereof by me at any time heretofore made. FIRST: I direct the payment of all my just debts and funeral expenses from my estate as an expense of administration as soon as convenient after my death. J Not`vithstanding the above directive, I direct that my personal representative not: pay any debts which would be barred by a statute of limitations. SECOND: I give the residue of my estate, real, personal and mi;red, to my sons, iV1ARK A. BOSSERT and TERRY R. BOSSERT, in equal shares with a riglZt of survivorship between them, or in default thereof in equal shares to such of my grand children as are living at the time of my death. THIRD: All estate, inheritance, succession and other death taxes, and interest and penalties thereon, if any, payable by reason of my death with respect to all propertyT comprising my gross estate for death tax purposes, ~,vhether imposed on grope: y passing under or outside this Will, shall be paid out of the residue of my estate without reimbursement or contribution from any beneficiary or recipient. FOURTH: In addition to the powers granted by law or by other provisions hereunder my personal representatives shall have the following powers, exercisable without leave of court and continuing until final distribution is made: A. To sell at public or private sale, for cash or credit or partly for each, to 1 exchange or to lease for any period of time any real or personal property and to give ~~; options for sales, exchanges or leases. 1 B• l~o repair, alter, or improve, for any period of time an personal - y property, real or C• To borrow mo ney and to mortgage or pledge any real or personal ~~ property and to continue an resent mor Y p tgages on my real estate, even though such ~~ present or future lender is a cor orate fed p uciary. D. To ' compromise claims without approval of beneficiaries. E• To distribute in cash or in kind or partly in each. F• To execute and deliver all instruments and t fiduciaries may deem necessa or a ° do all acts which my ry dvisable to carry out the purposes of this my Last Will and Testament. FIFTH: I appoint my sons, MARK A. BOSSERT and TE or the survivor between them, Co-Exe RRY R. BOSSERT, ctitors of thus my Will. If they are unable or unwilling to serve, then I appoint the QUAKERTOWN NATI alternate Executor to serve in their la ONAL BAh1K as my p ce and stead. SIXTH: My corporate fiduciary shall be com ensated i_n regular schedule of fees in effect at the ti p a~cordan.ce with its me its services are called upon. and from time to time during the period over which such services are erformed. P SEVENTH: I direct that my personal representatives successors or substitutes hereinabov ~ both orlglna.l and any e named, shall serve without bond; but, if a bond is nevertheless required by any law, statute or rule of court I d' erect that no sureties be required thereon. IN WITNESS WHEREOF, I have hereunto set m hand Will and Testament, which consists of Y and se~il to thi;~ my Last four pages, and my hand to the margin of each preceding page hereof. . ;~l ~\ ~j Date: ter--- ~~ - ~ Luther K. Bossert ~~~~ (SEAL) i Signed, sealed, published and declared by the said LUT for his Last Will and Testamen HI~R K. BOSSERT as and t in the presence of us, who, at his request and in his presence and in the presence of each other, have hereunto subscr~ gibed our names as witnesses. ~~.u -_~f_1i_~6T.--__ COMMONWEALTH OF PENNSYLVANIA: COUNT' OF BUCKS: ss. We, LUTHER K. BOSSERT, ROBERT G. MOFFETT testator and ~vi~lecc s, ,. ~` `el `~ and ivIARY KAISER, the e -eCr °`'~ ' y, hose names are signed to the attached foregoing instrument, being first duly sworn, do he or reby declare to the undersigned authority that the testator signed and exec~ited the rostrum ent as his lasf: Will and that he 11ad signed willingly, and that he executed it as lus purposes therein ex ressed an free and voluntary act for the p d that each of the tivitnesses, in the presence and h of the testator, signed the Will as witness and that to caring the best of their knowledge that testator was at that time 18 years of age or older, of sound mind and under no constraint or undue influence. 3 estator Witness Witness U SLibscribed, sworn to and acknowledged before me b L ~, testator, and subscribed and sworn t y LJTHEP., K. BO~~SERT, the o before me by ROBERT G. MOFFETT acid MARY KAISER, witnesses, on August 17, 2005. ~ ) Notary Public ~ (SEAL) ~r COMMOiVWEALTH GF P`N,vSYLVA,~tA Notarial Seal ~~ara W Ott, Notary Public MY Commission ~,~;~ County Member, Pens ~Vaf112 ~~' S' 200$ Y ?•~;a^; ,~~~ pf Nolan