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HomeMy WebLinkAbout05-10-11~ f 1505610140 REV-1500 EX (°'-'°' PA Department of Revenue OFFICIAL USE ONLI( - Bureau of Individual Taxes County Code Year File Number PO BOX 280601 INHERITANCE TAX RETURN Harrisburg, PA 17128-0601 RESIDENT DECEDENT 2 1 1 0 0 9 2 5 ENTER DECEDENT INFORMATION BELOW __.. Social Security Number Date of Death MMDDYYYY Date of Birth MMDDYYYY 1 5 4 3 4 7 0 9 9 0 8 1 2 2 0 1 0 1 1 0 6 1 9 4 4 Decedent's Last Name Suffix Decedent's First Name MI T E N E Y C K T H O M A S E (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI T E N E Y C K D O R O T H Y M Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE VI/ITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW 1. Original Return ~ 2. Supplemental Return ~ 3. Remainder F;eturn (date of death prior to 12-1:3-82) 4. Limited Estate ~ 4a. Future Interest Compromise (date of ~ 5. Federal Estate Tax Return Required death after 12-12-82) QX 6. Decedent Died Testate ~ 7. Decedent Maintained a Living Trust 0 8. Total Number of Safe Deposit Boxes (Attach Copy of Will) (Attach Copy of Trust) 9. Litigation Proceeds Received ~ 10. Spousal Poverty Credit (date 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 S U S A N H C O N F A I R 7 1 7 7 6 3 1.3 8 3 ~_~ -: ~ . , _, , -• - ---- REGISTER OF' WJ~LS USE QNLY _, ~-~ First line of address ~ -y~.-i ~-- ~. _ ,t 2 3 3 1 M A R K E T S T R E E T -~ Second line of address ~ ~ ~ ~ ; . , .. :. ~ _ ~ -r City or Post Office State ZIP Code ~ DATE FILED I` ~ i C A M P H I L L P A 1 7 0 1 1 Correspondent's a-mail address: SCONFAIR5IREAGERADLERPC • COM unaer penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best Hof 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 prepare~r has any knowledge. JIIiNH I~WK~t OF ~='IZSC~N 13,f6PONSIBLE FOR FILING RETURN ~ ~ r~eTr ADDR66S 350 YORK STREET MANCHESTER P~- 17345 SIGNATURE OF P PAR R THER THAN REPRESENTATIVE Jr ~\~D/MT ADDRESS 2331 MARKET STREET CAMP HILL PA- 17011 PLEASE USE ORIGINAL FORM ONLY Side 1 1505610140 15056101,40 J 15D5610240 REV-1500 EX Decedent's Name: THOMAS E - TENEYCK Decedent's Social Security Number 1 5 4 3 4 7 0 9 9 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 and Notes Receivable (Schedule D) .......................... 4. • 5. Cash, Bank Deposits and Miscellaneous Personal Property (Schedule E)....... 5. 1 9 0 5 8 3 . 1 1 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 through 7) ........................... 8. 1 9 0 5 8 3 • 1 1 9. Funeral Expenses and Administrative Costs (Schedule H) .................. 9. 9 6 3 2 . 7 7 10. Debts of Decedent, Mortgage Liabilities, and Liens (Schedule I) ............. 10. 1 8 8 9 1 . 4 2 11. Total Deductions (total Lines 9 and 10) ............................... 11. 2 8 5 2 4 . 1 9 12. Net Value of Estate (Line 8 minus Line 11) ............................ 12. 1 6 2 0 5 8 . 9 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 2 0 5 8 . 9 2 TAX CALCULATION -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 .o0 5 0 6 8 6 3 0 15. 16. Amount of Line 14 taxable at lineal rate X .045 1 1 1 3 7 2. 6 2 16. 17. Amount of Line 14 taxable at sibling rate X .12 0 0 0 17. 18. Amount of Line 14 taxable at collateral rate X .15 0 0 0 1 g, 19. TAX DUE .................. ........................... .. ..... .. 19. 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT Side 2 1505610240 0. 0 0 5 0 1 1. 7 ? 0. 0 0 0. 0 0 5 0 1 1. 7 7 150561024(] J REV-1500 EX Page 3 Decedent's Complete Address: File Number 21 10 0925 DECEDENT'S NAME THOMAS E• TENEYCK STREETADDRESS -- -- 1665 REVERE DRIVE CITY STATE ZIP MECHANICSBURG PA 17050 Tax Payments and Credits: ~ ~ Tax Due (Page 2, Line 19) 2. Credits/Payments A. Prior Payments 5 ,13 0.0 0 B. Discount 250.59 3. Interest 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Fill in oval 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. 5,011.77 Total Credits (A + B) (2) 5 , 3 8 0.5 9 (3) (4) 368.82 (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 : ................................................................ ...... ^ Q b. retain the right to designate who shall use the property transferred or its income; ......................... ...... ^ Q c. retain a reversionary interest; or .......................................................................................... ...... ^ Q d. receive the promise for life of either payments, benefits or care? ................................................. ...... ^ X^ 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration? ................................................................................. ...... ^ Q 3. Did decedent own an "in trust for" orpayable-upon-death bank account or security at his or her death? ... ...... ^ Q 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. §9116 (a) (1.1) (i)J. For dates of death on or after Jan. 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 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, exce~ot 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)]. 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, & MISC. INHERITANCE TAX RETURN PERSONAL PROPERTY RESIDENT DECEDENT ESTATE OF FILE NUMBER THOMAS E • TENEYCK 21 10 0'25 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 VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. COMMONWEALTH OF PENNSYLVANIA DEFERRED COMPENSATION PROGRAM 457 190,583.11 PLAN - PAYABLE TO THE ESTATE TOTAL (Also enter on line 5, Recapitulation) I $ 19 0 , 5 8 3.11 (If more space is needed, insert additional sheets of the same size) REV-1511 EX+ (10-09) pennsylvania DEPARTMENT OF REVENUE INHERITANCE TAX RETURN RESIDENT DECEDENT ADMINISTRATIVE COSTS: Personal Representative Commissions: Name(s) of Personal Representative(s) Street Address City State ZIP Year(s) Commission Paid: Attorney Fees: REALER & ADLER, PC Family Exemption: (If decedent's address is not the same as claimant's, attach explanation.) Claimant ESTATE OF FILE NUMBER THOMAS E• TENEYCK 21 10 0925 Decedent's debts must be reported on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1. NEILL FUNERAL HOME, INC • 4,984 •27 B 2. 3. 4. 5. 6. 7. 8• 9• Street Address City State ZIP Relationship of Claimant to Decedent SCHEDULE H FUNERAL EXPENSES AND ADMINISTRATIVE COSTS Probate Fees: REGISTER OF WILLS CUMBERLAND COUNTY Accountant Fees: Tax Return Preparer Fees: LEGAL ADVERTISEMENT - CUMBERLAND LAW JOURNAL LEGAL ADVERTISEMENT - CENTRAL PENN BUSINESS JOURNAL FILE INHERITANCE TAX RETURN AND INVENTORY 4,000.00 393.50 75.00 150.00 30.00 TOTAL (Also enter on Line 9, Recapitulation) I $ 9 , 6 3 2.7 7 If more space is needed, use additional sheets of paper of the same size. REV-1512 EX+ (12-08) pennsylvania DEPARTMENT OF REVENUE INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULEI DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS ESTATE OF FILE NUMBER THOMAS E• TENEYCK 21 10 0925 Report debts incurred by the decedent prior to death that remained unpaid at the date of death, including unreimbursed medical expenses. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. U-S• AIRWAYS MASTER CARD 8,863.48 2• IPSECU VISA TOTAL (Also enter on Line 10, Recapitulation) $ If more space is needed, insert additional sheets of the same size. 10,027.94 18,891.4 REV-1513 EX+ (01-10) pennsylvania ~ SCHEDULE J DEPARTMENT OF REVENUE BENEFICIARIES INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF: FILE NUMBER: TNOMOC F. TFN~Y~k ?1. l.n f19?~ RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE I TAXABLE DISTRIBUTIONS [Include outright spousal distributions and transfers under Sec. 9116 (a) (1.2).] 1. DOROTHY TENEYCK - SPOUSE Spousal 50,686.30 1665 REVERE DRIVE MECHANICSBURG, PA 17050 2• MEGAN SACCHETTI - DAUGHTER Lineal 50,686.31 2810 NC HIGHWAY 18S MORGANTON, NC 28655 3• CHRISTOPHER TENEYCK - SON Lineal 50,686.31 350 YORK STREET MANCHESTER, PA 17345 4• MARIO SACCHETTI C/0 MEGAN SACCHETTI-GRANDCHILD Lineal 2,000.00 281D NC HIGHWAY 18S MORGANTON, NC 28655 5• EMMA SACCHETTI C/0 MEGAN SACCHETTI -GRANDCHILD Lineal 2,OOD•00 2810 NC HIGHWAY 18S MORGANTON, NC 28655 6• ELLI SACCHETTI C/0 MEGAN SACCHETTI-GRANDCHILD Lineal 2,OOD•00 2810 NC HIGHWAY 18S MORGANTON, NC 28655 7• LIA MORRISSONC/OCHRISTOPHER TENEYCK-GRANDCHILD Lineal 2,000.00 350 YORK STREET MANCHESTER, PA 17345 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18 OF REV-1500 COVER S HEET, AS APPROPRIATE. II. NON-TAXABLE DISTRIBUTIONS: 1. A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAXIS NOT TAKEN: 6. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS: 1. TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET. $ Ir more space Is neeaea, use aaaltlonal sneers of paper of the same size. Continuation of REV-1500 Inheritance Tax Return Resident Decedent THOMAS E. TENEYCK 21 10 0925 Decedent's Name Page 1 File Number Schedule J -Beneficiaries -1 RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE I TAXABLE DISTRIBUTIONS [Include outright spousal distributions and transfers under Sec. 9116 (a) (1.2).] 8• CHLOE MORRISSONC/OCHRISTOPHER TENEYCK-GRANDCHI Lineal 2,000.00 350 YORK STREET MANCHESTER, PA 17345 LP?'Yesiate Plartnin~~/Client/Teneyck/Will.T7~omas.revised June Z. 2010 LAST WILL AND TESTAMENT OF THOMAS TENEYCK -., ~.r~ . , f__ 1~~ I, THOMAS TENEYCK, of Mechanicsburg, Cumberland County, Pennsylvaria, being of sound and disposing mind, memory and understanding, do hereby make, publish and declare thia my Last Will and Testament, hereby revoking any and all prior Wills and Codicils thereto by me at anytim~° heretofore made. 1. FAMILY. 1.1 Identification of Family. I declare that I am married to DOROTHY M. TENEYCK and that there are two (2) children (as herein defined) of this marriage whose names are CHRISTOPHER TENEYCK and MEGAN SACCHETTI. 1.2 Definition of Family Terms. As used in this Will, the term "my spouse" shall mean only DOROTHY M. TENEYCK. As used in this Will, the terms "my child" or "my children" refers to all my natural children and adopted children. As used in this Will, the term "issue" refers to all lineal descendants of the indicated person of all generations, wi'.th the relationship of parent and child at each generation determined by the definition of "child/children" set forth in this paragraph. 2. PAYMENT OF BURIAL EXPENSES AND DEBTS. I authorize my executor to pay all the expenses of (1) a funeral or memorial service; (2) the internment of my remains, including the costs of a gravesite, if necessary; and (3) the installation and inscription of a suitable marker at, and perpetual care of, the gravesite. I further direct my executor to pay all of my debts; that my executor in his or her sole discretion may allow as claims against my estate. 3. SPECIFIC BEQUESTS. My estate has been named the primary beneficiary of life insurance policies through Prudential Financial Life, Inc. (Policy No. L6028118) and Allstate Life Insurance Company (Policy No. 7082127647) as well as a Governmental 457(b) Plan through the Commonwealth of Pennsylvania Deferred Compensation Program (No. 98978-O1). If I remain in possession of these referenced accounts at the time of my death, and after my estate pays all of the taxes on these accounts, I give the net proceeds from these accounts as follows: 3.1 The sum of Two Thousand Dollars ($2,000.00) to be paid outright to each. ~of my then living grandchildren, MARIO SACCHETTI, EMMA SACCHETTI, ELLIE; SACCHETTI, LIA MORRISSON and CHLOE MORRISSON. 3.2 The remainder of the net proceeds from these accounts shall be divided equally among my spouse, DOROTHY TENEYCK, and my children, CHRISTOPHER 7CENECYK and 1 /~ `' 1 , ( ~~ r''a ~~A~ Thomas Tenevck ~ C' / ~~ LPPiestate Plarming/Client/Teneyck/Will.Thomas.revised June 22, 2010 MEGAN SAICCHETTI. If any one of them is not living at the time of my death that person's share shall be divided equally between the two survivors. 4• DISPOSITION OF TANGIBLE PERSONAL PROPERTY. 4.1 Disposition to Spouse. I give all of my tangible personal property of eve kind an description, including, but not Limited to books o ry d personal use or adornment, household furnishing s and effectothing, articl~„s of household or their accessories, but excluding any money, evidences of indebtednetomotlve vehicles and and securities and property used in connection with the operation of ans~trade menu of title, my spouse. Y or business, to 4.2 Alternative Disposition. If my spouse does not survive me by more th;~.n sixt 60 da after the date of my death, and any of my children survive me, I direct m executor to d' ' Ys my tangible personal property into two parts. The first part shall contain all items that me executor determines, to be of no present or future value or use to my children. The second part shall contain the balance of the property. My executor shall dispose of the first art b sale, abandonment, destruction, or gift to any charity or person. The proceeds of an sale shall be added. to my residuary estate. All property in the second part I give tom chi dren in substantially equal shares, to be divided among them as they shall agree. If an beneficiary is a minor, the guardian of the person of that beneficiary must a ee to the division. If no agreement is reached within (60) days after my death, all pro ert in the second part shall be divided among my children in such manner as my executor shall direct. The decision of my executor shall be conclusive and binding on all person;; interested in m estate. y Any item of personalty passing to a minor under this Section 4.2 maybe delivered to the minor or to any person to hold for the minor, as my Executor thinks advisable, and the receipt by any such persons, including the minor, shall constitute a full and com lete discharge to my Executor. p 5• DISPOSITION OF RESIDUARY ESTATE. 5.1 Disposition to Spouse. All of the rest, residue and remainder of the ro e;rt that I the time of my death, both real and personal, and of every kind and des n: tion whe ev at situated, to which I may be legally or equitably entitled at the time of m death m r "residuary estate"), I give outright and absolutely to my spouse, if she survives me. ( Y 5.2 In the event my spouse is not Living on the sixtieth (60) day after the date of rn ~ de all the rest, residue and remainder of the property that I own at the time of m de th leave real and personal, and of every kind and description, wherever situate, to which I ma be legally or equitably entitled at the time of my death (my "residuary estate") tom children in Y , 2 ~- r Thomas Teneyck LI'B'/estate Planning/Client/Teneyck/Will.Thomas.revised June 22, ?010 equal shares; PROVIDED THAT, if any of my children shall predecease me leaving issue, then I leave the share of that deceased child to his or her issue, per stirp~es., 6. POWERS OF ADMINISTRATION. 6.1 Grant of Powers. My executor, in the administration of my estate, (my "fiduciaries") shall have the powers and authorities set forth in this Article 6. These powers Glnd authorities may be exercised by my executor and trustee in their sole and absolute discretion, without the permission or order of any court. These powers shall be supplementary to those conferred by law, including, but not Limited to, those set forth in Title 20, Chapter 33, of the Pennsylvania Consolidated Statutes. 6.2 Retention of Assets. My fiduciaries shall have the power to retain any or all property of my estate or trust, however received and acquired, for so long as they deem appropriate. This power maybe exercised even though the property may not be of the type authorized by law for investment, and even though the retention may leave a disproportionatf;ly large amount of the value of my estate invested in one type of property. 6.3 Transfer of Assets. My fiduciaries shall have the power to sell, transfer, and convey any property, of whatever nature, including real property, and wherever situated, that I may own at the time of my death, or that may come into my estate or into the trust corpus at or after my death. The sale, transfer, or conveyance maybe by public or private salE;, at such time, on such terms and conditions, including selling price and credit, in such manner, and for any reason that my fiduciaries deem appropriate, including, but not limited ito, the purpose of obtaining net proceeds to be distributed to my residuary beneficiaries. 6.4 Investment. My fiduciaries shall have the power to invest and reinvest a:ny property in my estate or in the trust corpus in preferred and common stocks, bonds, notes, common trust funds (including any managed by any corporate fiduciary}, interests in investments, trusts, mutual funds, leases, mortgages on property wherever located, and, generally, in any property and m proportions of property as my fiduciaries deem advisable, even though the investments are not of the character or proportions authorized by applicable law for the investment of the funds. 6.5 Power to Borrow. My fiduciaries shall have the power to borrow money for any purpose, for any penods of time, and on any terms and conditions as they deem advisable (including the power to borrow from any corporate fiduciary), and to pledge, mortgage, or otherwise encumber any property in my estate or in the trust corpus to secure repayment of any loan, as well as the power to renew existing loans either as maker or endorser. 6.6 Power to Hold Property in Nominee Form. My fiduciaries shall have the power to hold any property in the name of a nominee or in bearer form. C T~_~~-~ Thomas Ten yck LPY/estate Planning/Clieut/Teneycl:/Will.Thomas.revised June 22, 2010 6.7 Distribution in Cash or in Kind. My fiduciaries shall. have the power to make distributions m cash or in kind, or partly in cash, in divided or undivided interests, as amended, or other applicable law, and to determine which assets shall be sold and which shall be distributed in kind, without notice to or consent by any beneficiary. 6.8 Distribution to Minors and Persons Under Disability. My fiduciaries shall have the power to make distributions or payments to or for the benefit of any beneficiary who is a minor, an incompetent, or who in the fiduciaries' judgment is incapacitated. The distributions or payments shall be made in any one or more of the following ways: (1) directly to the beneficiary; (2) directly to the creditor in payment of the debts or expenses of the beneficiary; (3) to the guardian of the person or estate of the beneficiary; (4) to any custodial parent of a minor beneficiary; (5} to a custodian for the beneficiary under any law related to gifts to minors, including to my fiduciaries in that capacity; or (6) to any other person who shall have the care and custody of the person of the beneficiary. There shall be no duty to see to the application of funds so paid, provided due care wa.s exercised in the selection of the person to whom the funds were paid, and the receipt of t:he person shall be full acquittance of the fiduciaries. 6.9 Continuation or Liquidation of Business. My fiduciaries shall have the power to continue or to permit the continuation of any business, incorporated or unincorporated, in which I may have any interest at the time of my death for any period of time, or to liquidate the business on any terms as they deem appropriate. This power includes, but is not limited to (1) the power to invest additional sums in any business, even to the extent that my estate or the trust corpus may be invested largely or entirely in the business, without liabi:li.ty for any loss resulting from lack of diversification; (2) the power to act as or to select other persons to act as directors, officers, or employees of any business, to be compensated ~w~ithout regard to being a fiduciary under this Will; and (3) the power to make any other arrangements in regard to any business as my fiduciaries shall deem proper. 6.10 Employment of Agents. My fiduciaries shall have the power to employ and pay the compensation of any and all attorneys, agents, custodians, attorneys--in-fact, experts, investment counsel, accountants, bookkeepers, or other agents or providers of services as m fiduciaries deem advisable in the administration of my estate. y 6.11 Commissions. My fiduciaries shall have the power to take reasonable commissions on account at any time during the administration of my estate or of the trust without the approval of any beneficiary or of the court, but subject to allowance or disallowance on the settlement of the final accounts of my fiduciaries. 6.12 Third Party Reliance. No person or corporation dealing with my executor shall be re uired to see to the application of an ro ert . q . Y p p y paid or delivered to my executor, or to inquire into either the authority of my executor to enter into any transaction or thf; expediency or propriety of any transaction entered into by my executor. 4 , Thomas Teneyck LPPiestate PlanninglCiienUTeneyck/Will.Thomas.revised June 22, ?010 6.13 Charitable Donations. In the event that an of m tan ible ersonal ro ~e . is donated to a charitable organization(s) then my fiduciary is instructed to use the v p 1 ~ as an inheritance tax deduction for any inheritance tax return which ma•of said donation(s) filed as a consequence ofmy death. .y be required to be 7. PAYMENT OF DEATH TAXES. 7.1 Payment of Estate Taxes. I direct that all federal and Pennsylvania estate taxes a able as a result of taxes assessed on property passing under this Will shall be paid =from my residu estate as a part of the expenses of the administration of the estate. ~ 7.2 Inheritance Tax. I direct that the Pennsylvania inheritance taxes payable as a result of m death. shall be paid out ofmy residuary estate and shall not be deducted or collected from any beneficiary under this Will or other transferee. y 8• EXECUTOR. 8.1 Appointment. I name, constitute, and appoint my son, CHRISTOPHER TENEYC a executor ofmy estate. If my son shall not survive me, shall not serve as executor fo an s reason, or shall cease to serve as executor for any reason after appointment, my daughter, MEGAN SACCHETTI, shall act as executor in his place. 8.2 Bond Not Required. None of the individuals named in Section 8.1 shall be re wired furnish a bond for the faithful performance of his or her duties as executor. q to 9. PRESUMPTION IN CASE OF SIMULTANEOUS DEATH. For the u osf;s of thi determining whether a person has survived me or another person, (1) my spou e shall be deemel, in have survived me unless it unmistakabl a ears b d to other cases, a person shall not be deem d to have survivedthat she predeceased rne; and (2) in all within sixty (60) days ofmy death or of the death of the othere e So other person if he or she dies p 10. LIABILITY OF EXECUTOR. My executor shall not at any time be liable for mistake fact, or both law and fact, or errors of ud oflaw or of ~ gment, nor for any loss coming to any beneficiary under this Will, or to any other persons, except through actual fraud or willful misconduct on the art executor. My executor may, from time to time, consult with counsel with respect to the meaninhe construction, and operation of this Will, particularly with respect to the appointmE;nts, allocations and disbursements, and may act on the advice of counsel in all matters without incurrin liabilit account of his or her actions. g yon C ,,._____--- 5 ~~ ,~.~ Thomas Teneyck 11. INTERPRETATION. 11.1 Will Not Contractual. My spouse and I are executing Wills at approximately the same time, m which each of us is the primary beneficiary of the Will of the othE;r. These Wills are not being executed pursuant to any contract to make a Will or any contract not to revoke a Will. The Will of each of us is revocable at any time, whether before or alter the death of the other spouse, at the sole discretion of the spouse making the Will. 11.2 Successors of Fiduciaries. All pronouns referring to an executor or trustee and the terms executor and trustee shall be construed to mean any person acting a~> my executor, co- executor, co-trustee, trustee, or administrator, as the case maybe. 11.3 Number and Gender. If required by the context of this Will, singular language shall be construed as plural, plural language shall be construed as singular, and the gender ofpersonal pronouns shall be construed as either masculine, feminine, or neuter. 11.4 Headings. All headings used in this Will to describe the contents of each ;article, paragraph, or other division are provided for convenience only and shall not be construed to be a part of this Will. 11.5 Governing Law. This Will shall be construed in conformity with t:he law of the Commonwealth of Pennsylvania. IN WITNESS WHEREOF, I have hereunto set my hand and seal to this, my Last Will and Testament, consisting o eight (8) t ewritten pages which bear my signature for' the u ose of identification, this Z ^~a p ~ _~_ y of , 2010. ~~' 1 'y THOMAS TENEYCK, Testator Signed, sealed, published and declared by the above-named Testator, , as and for l:~is Last Will and Testament, in the sight and presence of us, who, at his request, in his sight and presence and in the si ht and presence of each other, have hereunto subscribed our names as witnesses. g i' ~.,-- " r W' ness ~..~.,~ Witness 3~1 I~r kC f s}Y~ei- Address r LW hn j I~-~t i l ~ ~ I ~ ~)M ~ Address 6 I,PP/estate Planning/Client/7 eneyck/Will.Thomas.revised June 22, 20l 0 COMMONWEALTH OF PENNSYLVANIA ) SS. COUNTY OF CUMBERLAND ) I, THOMAS TENEYCK, THE TESTATOR, WHOSE NAME IS SIGNED TO 'THE 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. SWORN OR AFpIIUvIED TO D ACKNOWLEDGED BEFORE ME BY THOMAS TENEYCK THE TESTATOR THIS 2~ ^~~ DAY OF _, ZO10. COMMONWEALTH OF PENNSYLVANIA Notarial Seel Deborah L Brenneman, Notary Public Camp Hill Bsoro, Cumberland County My Commission Expires lone 18, 2014 Member, Pennsylvania Assodation of Notaries THOM S TENEYCK, TESTA O '~_ -~. N TARP PUBLIC " ~- COMMONWEALTH OF PENNSYLVANIA ) COUNTY OF CUMBERLAND ~ SS. WE, J I~ lt. I ~ AND A \ ~; L- . THE WITNESSES WHOSE NAMES ARE SIGNED TO THE FOREGOING INSTRIJIVIEN QUALIFIED ACCORDING TO LAW, DEPOSE AND SAY THAT WE WERE PRESENT AND SAW HE AFORESAID TESTATOR SIGN AND EXECUTE THE INSTRUMENT AS HIS LAST WILL Al~1D TESTAMENT• THAT HE SIGNED WILLINGLY AND THAT HE EXECUTED IT 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 KI`TOWLEDGE THE TESTATOR WAS AT THE TIME EIGHTEEN (18) OR MORE YEARS OF AGE, OF SOUND MIND AND UNDER NO CONSTRAINT OR UNDUE INFLUENCE. WORN OR AFFIRMED TO AND SUBSCRIBED TO BEFORE ME, THIS a~ ~ ~~~ 2010. -__ DAY OF COMMONWEALTH OF PENNSYLVANIA Notarial Seal Deborah L Brenneman, Notary Public Camp Hill Boro, Cumberland County MY Commission Expires lone 18, 2014 Member, Pennsylvania Assodation of Notaries ~ ~~~ "~-~-~ W ESS ~, ~~~,~ WITNESS ~ -~ `'' OTAR~' PUBLIC ~- 7