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HomeMy WebLinkAbout05-09-11 (2)_ _ ~- r ~ ~- Cry ,~. `._.~ c~ ~ ~. ~~~~ V.. ~ ~r..e . F...., ( 1 FAMILY SETTLEMENT AND FINAL RELEASE ~''=~ _ ~``~ ` ~~ `~' r-r-t ~ - _ ~ .-,_ ESTATE OF MARGARET A. HARR ,`,.~ _-~, ~, , ~ _ :; _.~~}~ _ ~. --, KNOW ALL MEN BY THESE PRESENTS, that Margaret A. Harr.~,~te of S"buth`~~ a Middleton Township, Cumberland County, Pennsylvania, deceased, died testate' on December 6, 2010, having first made her Last Will and Testament, which was duly executed on March 11, 2002 and probated in the Office of tree Register of Wills of Cumberland County, on January 11, 2011, at File No. 21-11-004f3. WHEREAS, the said Margaret A. Harr, by the aforesaid Last Will and Testament, named Anita Louise Corica as Executrix of said Last Will and Testament; WHEREAS, Letters Testamentary on the Estate of the said decedent were duly issued by the Register of Wills of Cumberland County, Pennsylvania, to the said Executrix, hereinafter called personal representative; WHEREAS, the personal representative has gathered the assets of the Estate of the said decedent and the assets consist of personal property with the total value of $2,724.49 as set forth in Exhibit "A", which is a copy of the Pennsylvania Inheritance Tax Return filed and approved by said personal representative, and which is attached hereto and made a part hereof, and marked Exhibit "A"; WHEREAS, the debts and deductions, including the payment of inheritance tax in the said Estate, which has now been paid, leave a balance for distribution of $0.00, also as set forth in the statement of said personal representative, which is attached hereto and marked Exhibit "B"; WHEREAS, there is no balance remaining for distribution as shown in the said statement marked Exhibit "B"; NOW, THEREFORE, Mary Anne Varner, Anita Louise Corica and Kevin Roy Harr, being all of the heirs under the Last Will and Testament of 'the said decedent, and being those persons entitled to inherit under said Last Will and Testament, do hereby each of us acknowledge that we have this day had and received from the aforesaid personal representative, in full satisfaction and payment of all sums of money, legacies, bequests, and devises as are given, devised and bequeathed to each of us respectively by the said Last Will and Testament, the amounts due us under said Last Will and ~` Testament, which amounts we have received this day or prior to this day; and each of us do hereby stipulate that in order to avoid the expense and time involved in the filing of a formal account and schedule of distribution, we each agree that no account is necessary and we do hereby agree that we do consent to diistribution being made without the filing of an account and schedule of distribution, the same to be with the same force and effect as if they had been filed and confirmed by the Orphan's Court Division of the Court of Common Pleas of Cumberland County, Pennsylvania. THEREFORE, we and each of us, do hereby remise, release, quitclaim and forever discharge the said personal representative, Anita Louiise Corica, her heirs, executors, administrators and assigns, of and from the said estate and from all actions, suits, payments, accounts, reckonings, claims, and demands whatsoever for or by reason thereof, or for any other use, matter, cause or thing whatsoever, touching upon the Estate of the said decedent, and each of us do further herek~y covenant and agree that should any liability come due to the estate of the said decedent after the signing of this Agreement, we and each of us do hereby covenant and agree with each other and the aforesaid personal representative, that we will contribute pro-rata our share of the Estate to satisfy any and all claims, demands, suits or causes of action which may be successfully prosecuted against the said Estate or the aforesaid ~rersonal representative after the signing, sealing and delivery of this Family Settlement: Agreement and Final Release. IN WITNESS WHEREOF, we have hereunto set our hands and seals the day and year noted below. ~' R i ~ Date 'Hess `r -l / 1 Date Hess .. S 4 1l Date fitness `~~ Mary Ann Varner ~ e ~..- Anita Louise Corica Ke in Roy Harr NOTICE OF INHERITANCE TAX BUREAU OF INDIVIDUAL TAXES APPRAISEMENT, ALLOWANCE OR DISALLOWANCE INHERITANCE TAX DIVISION OF DEDUCTIONS AND ASSESSMENT OF TAX PO BOX 280601 HARRISBURG PA 17128-0601 JAMES M ROBINSON 129 S PITT ST CARLISLE PA 17013 pennsyLvania ~~~ DEPARTMENT OF REVENUE . REV-1547 EX AFP (12-10) r DATE 04-25-2011 ESTATE OF HARR MARGARET A DATE OF DEATH 12-06-2010 FILE NUMBER 21 11-0048 COUNTY CUMBERLAND ACN 101 APPEAL DATE: 06-24-2011 (See reverse side under Objections ) Amount Remitted MAKE CHECK PAYABLE AND REMIT PAYMENT T0: REGISTER OF WILLS 1 COURTHOUSE SQUARE CARLISLE PA 17013 CUT ALONG THIS LINE _ ~ R_ETA_IN LOWER POR_TION_ FOR YOUR RECORDS F-- _ REV-1547 EX AFP C12-10) NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX ESTATE OF: HARR- MARGARET AFICE N0.:21 11-004-8 ACN: 101 _______________ OR DATE: 04-25-2011 TAX RETURN WAS: C X) ACCEPTED AS FILED C ) CHANGED APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. Real Estate (Schedule A) (1) .0 0 NOTE: To ensure proper 2 Stocks and Bonds (Schedule B) (2) .0 0 credit to your account, . 0 0 submit the upper portion 3. Closely Held Stock/Partnership Interest (Schedule C) . C3) of this form with your 4. Mortgages/Notes Receivable (Schedule D) (4) .0 0 tax payment. 5. Cash/Bank Deposits/Misc. Personal Property (Schedule E) C5) 2,7 24.4 9 6. Jointly Owned Property (Schedule F) C6) .0 0 7. Transfers (Schedule G) (7) .0 0 8. Total Assets C8) 2 , 724 .49 APPROV ED DEDUCTIONS AND EXEMPTIONS: 9. Funeral Expenses/Adm. Costs/Misc. Expenses.CSchedule H) C9) 13,0 4 0.28 10. Debts/Mortgage Liabilities/Liens (Schedule I) C10) .00 11. Total Deductions C11) 13, 040 .28 12. Net Value of Tax Return C12) 10,315.79- 13. Charitable/Governmental Bequests; Non-elected 9113 Trusts (Schedule J) C13) .0 0 14. Net Value of Estate Subject to Tax C14) 10,315.79- NOTE: If an assessment was issued previously, lines 14, 15 and/or 16, 17 , 18 and 19 will reflect figures that include the total of ALL returns assessed to date. ASSESSMENT OF TAX: 15. Amount of Line 14 at Spousal rate C15) .0 0 X 0 0 = .0 0 16. Amount of Line 14 taxable at Lineal/Class A rate C16) ,0 0 X 04 5 = .0 0 17. Amount of Line 14 at Sibling rate (17) _0 Q X 12 = .0 0 18. Amount of Line 14 taxable at Collateral/Class B rate C18) .0 0 X 15 = .0 0 19. Principal Tax Due C19 )= .0 0 TAY C'RFTITTS PAYMENT DATE RECEIPT NUMBER DISCOUNT C+) AMOUNT PAID INTEREST/PEN PAID C-) L'!~. , , ~'~'~"~"'rs * I U I AL 1 A1C YAT1~7tP1 I , ~ ~ ~`~' ~ BALANCE OF TAX DUE .00 PEN. .00 INTEREST AND TOTAL DUE .00 * IF PAID AFTER DATE INDICATED, SEE REVERSE IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR), YOU MAY BE DUE FOR CALCULATION OF ADDITIONAL INTEREST. A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS. t t Ex (01.10) 1505610143 J REV-1500 ~ _; OFFICIAL USE ONLY PA Department of Revenue pennsyivania county code Year File Number Bureau of Individual Taxes OEPARTMENrOFREVENUE Po Box.28oso~ INHERITANCE TAX RETURN 21 11 0 0 0 4 8 Harrisburg, PA 17128-0601 _ RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death Date of Birth 214 34 1802 12 06 2010 05 25 1932 Decedent's Last Name Suffix Decedent's First Name MI HARR MARGARET A (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL INAPPROPRIATE OVALS BELOW ® 1. Original Return ^ 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 Return Required (date of death after 12-12-82) g, Decedent Died Testate ^ 7, Decedent Maintained a Living Trust ~ 8. Total Number of Safe Deposit Boxes ® (Attach Copy of Will) (Attach Copy of Trust) ^ 9. Litigation Proceeds Received ^ 1 ~• betweenl2 311 andtl(di g5)f death ^ 11, Election to tax under Sec. 9113(A) (Attach Sch. 0) CORRESPONDENT -THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION 8HOULD BE DIRECTED TO: Name Daytime Telephone Number JAMES M ROBINSON 717 245 9688 First line of address 129 SOUTH PITT STREET Second line of address City or Post Office State ZIP Code CARLISLE PA 17013 REGISTER OF WILLS USE ONI,Y~ C'~ --~ C 0 ~:~: ... J ~~,. ~-- C'-1 ~ ; ;~ ~ r-n r~~ 'rji~ r`J ~~~_} ~ `n _ DATE=f~~^ ~- y ~.> , , ~M -, _~_, :~ ~~) ``~ .._s ~_.. _ ~ ::~ --- ~~ - ,, Correspondent's a-mail address: j r o b i n s o n @t u r o l a w. c o m 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 eny knowledge. SIG" RE OF PERS N RESPONSIBL ~R FILING RETURN DATE 1. ~~: ~n~~ . ;, ~ ~~i'~ n ~ Anita Louise Corica ~ a~' a D i I 514 Limestone Road, Carlisle, PA 17015 SIGNA~`'RE OF PREPARER 0TH THAJ PRESENTATIVE TE /'~ a_ _ ..~ ~ ~.C~~,,-~~-c.-.. James M Robinson oZ, a 1 a v ~J 1'~d South Pitt Street, Carlisle, PA 17013 Side 1 1505610143 1505610143 J 7505610243 REV-1500 EX oe~ae~rg Name: H A R R, M A R G A R E T A Decedent's Social Security Number 214 3 4 18 0 2 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. 2 , 7 2 4 . 4 9 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 (Schedule G) ^ Separate Billing Requested ............. 7. 8, Total Gross Assets (total Lines 1-7 ••••• 8. 2 , 7 2 4 ' 4 9 g 13 , 0 4 0 . 2 8 9. Funeral Expenses & Administrative Costs Schedule H .,........., . 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) ................................ 10. 11. Total Deductions (total Lines 9 8~ 10) ...................................................................... 11. 13,040.28 12. ............... Net Value of Estate (Line 8 minus Line 11) .............................................. 12. -10 , 315.7 9 13. Charhable 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. -10 , 315.79 TAX COMPUTATION -SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 (a)(1.2) X .00 15. 16. Amount of Line 14 taxable - 10 315.7 9 16. , at lineal rate X •~5 17. Amount of Line 14 taxable 17. at sibling rate X .12 18. Amount of Line 14 taxable 18. at collateral rate X .15 19. Tax Due ..............................................................................................................:.... .. 19. 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. Side 2 __~ 1505610243 -464.21 -464.21 1505610243 REV-1500 EX Page 3 File Number 21 - 11 - 0 0 0 4 8 Decedent's Complete Address: D CE T' E Harr, Margaret A STREET ADDRESS 517 Limestone Road CITY STATE ZIP Carlisle PA 17015 Tax Payments and Credits: 1. Tax Due (Page 2, Line 19} 2. Credits/Payments A• Prior Payments B. 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 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (1} -464.21 Total Credits (A + B) {2) 0.00 {3) 0.00 (4} 464.21 (5) Make Check Payable to: REGISTER OF WILLS, AGENT. eS PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yss 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• .................................. ^ x^ 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 properly within one year of death without ^ ^ receiving adequate consideration? ....................................................................................................................... 3. Did decedent own an "intrust 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 Jul 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 p2 P.S. §91 ~6 (a) (1.1) (i)]. For dates of death on or after Januarryy 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) (ii)]. The stafute does not exempt a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax retturn 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 ears 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) ( .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 (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 y bloodd or adoption. COMMONWEN.TH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY FILE NUMBER STATE OF Harr, Margaret A 21 -111 - 00048 clude the pproceeds of litigation and the date the proceeds were received by the estate. Ali property jointly-owned with the right of irvivorship must be disclosed on schedule F. ITEM DESCRIPTION VALUE AT DATE OF UMBER DEATH 1 Members 1st Federal Credit Union -Checking Acct. No. 129653-11 1,077.40 Joint Account with Anita L. Corica and Mary A. Varner Balance $3,232.20 x 113 Interest 2 Members 1st Federal Credit Union -Savings Acct. No. 129653-05 1,647.09 Joint Account with Anita L. Corica and Mary A. Varner Balance $4941.28 x 1/3 Interest TOTAL (Also enter on Line 5, Recapitulation) ~ 2,724.49 COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN nCe1nC\IT 11G..G.1G\IT SCHt`rx n F H 'p~pE~~F]VSES & ~1~~ i ~~ STATE OF Harr, Mar aret A FILE NUMBER 9 21 -11 - 00048 Debts of decedent must be reported on Schedule I. ITEM AMOUNT DUMBER FUNERAL EXPENSES: DESCRIPTION 1 Ronan Funeral Home 12,113.00 .. ADMINISTRATIVE COSTS: ~, Personal Representative's Commissions Name of Personal Representative(s) Street Address City State Zip Year(s) Commission paid 2. Attorney's Fees Turo Robinson Attorneys at Law 500.00 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant Street Address City State Zip 4. 5. 6. 7 1 Relationship of Claimant to Decedent Probate Fees Recorder of Deeds Cumberland Law Journal The Sentinel Accountant's Fees Tax Return Preparer's Fees Other Administrative Costs 143.50 75.00 208.78 TOTAL (Also enter on line 9, Recapitulation) 13,040.28 EXHIBIT "B" GROSS ESTATE NET OF TAX ^ ^ ~ A ^ ^ ^ T ^ Ire A $ 2,724.49 A. Ronan Funeral Home $ 12,113.00 B. Turo Robinson Attorneys at Law 500.00 C. Register of Wills 143.50 D. Cumberland Law Journal 75.00 F. The Sentinel 208.78 TOTAL LIABILITIES $ 13,040.28 NET VALUE OF ESTATE $ - 10,315.79 AMOUNT REMAINING TO BE DISTRIBUTED DISTRIBUTIONS: Mary Anne Varner Anita Louise Corica Kevin Roy Harr TOTAL DISTRIBUTIONS INSOLVENT $ 0.00 0.00 0.00 $ 0.00