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Home My WebLink About10-17-11S<~und Advice. Sm~~rter I~ecisic?ns. October 13, 2011 Register of Wills Cumberland County Court House 1 Courthouse Square Carlisle, PA 17013 RE: Estate of Yvonne K. Wallace No. 21-11-0070 Dear Sir or Madam: I am enclosing the following: 17 South Second Street, 6`h Floor Harrisburg, PA 17101-2039 717.233.1000 Voice 717.233.6740 Fax www.ska rlatoszon a rich.com (1) Original and one copy of the Inventory for the above-referenced estate. (2) Original and one copy of the Inheritance Tax Return. (3) Check in the amount of $30.00 in payment of the filing fee;>. (4) Extra signature pages -please time-stamp and return to me in the envelope provided. Thank you. Sincerely, ~/ Sharon K. Shaffer Estate Administrator Enclosures n o _~ ~ -~-~~ :~-: z ~ ~=. ~1; x __,,-;~~ J'.` ~ ~ n --; .:. ~,, ~~ -,~ ~~ _ ~, ;= r" c. ~ G. --r~ A Member of LawPactT"' - An International Association of Independent Law Firms 1 y INVENTORY REGISTER OF WILLS OF CUMBERLAND COMMONWEALTH OF PENNSYLVANIA 1 COUNTY OF CUMBERLAND f SS COUNTY, PENNSYLVANIA File Number 21-1 I-G070 Personal Representative(s) of the Estate of YVONNE K. WALLACE deceased, depose(s) and say(s) that the items appearing in the following inventory include <f ll ~~f the personal assets wherever situate and all ofthe real estate in the Commonwealth of Pennsylvania of said Decedent, that the valuation placed opposite each item of said inventory represents its fair value as of the date of the decedent's death, and that Decedent owned no real estate outside of the Commonwealth of Pennsylvania except that which appears in a memorandum at the end of this inventory. 1 verify that the statements made in this Inven- tory are true and correct. I understand that false state- ments herein are made subject to the penalties of 18 Pa.C.S. § 4904 relating to unsworn falsification to authorities. Attorney -- (iVameJ_ BRIDGET M. WHITLEY, ESQUIRE lv~l~~~~ ~~~~e (Addres,s) 17 S. 2ND STREET, 6TH FLOOR, HARRISBURG, PA 17101 (Telephone) 717-233-1000 DATE OF DEATH 01/02/2011 (Supreme Court 1. LI. No.) 33580 LAST RESIDENCE -- 143 SALEM CHURCH ROAD, MECHANICSBURG, PA 17050 FIGURES MUST BE TOTALED SEE ATTACHED DECEDENT'S SOC. SEC. NO. 559-50-3683 98,666.35 ~~ . --~ s ;.,. r-- ~m .~ `.~ C~ -n -T? - , c_ -+ .. ,- - cr ~ G "Tl (Attach additional sheets as needed) TCI_TAL: ( 98 666.35 NOTE: The Memorandum of real estate outside the Commonwealth of Pennsylvania may, at the election of the personal representative include the value of each item, but such figures should not he extended into the total of the Inventory. (See 10 Po. C..S. ~ 3301(6)) Form RW-o9 rer. !0.13.06 Estate of Yvonne K. Wallace Estate Inventory Valued as of Date of Death Cash and Cash Equivalents Members 1st Federal Credit Union Holiday Club Account No. 46671-02 Members 1st Federal Credit Union - CheckingAccount No. 46671-11 Members 1st Federal Credit Union - Savings Account No. 46671-00 Total Cash and Cash Equivalents Real Property 143 Salem Church Road, Mechanicsburg, Cumberland County, PA (assessed value x clr) Total Real Property Total Inventory $ 100.04 4l .00 337.81 98,187.50 478.85 98,187.50 ~ 98,666.35 Page 1 + ~ 1505611185 REV-1500 EX (02-11) (FI) OFFICIAL USE ONLY PA Department of Revenue Elureau of Individual Taxes County Code Year File Number Fo Box zsosot INHERITANCE TAX RETURN 21 11 0070 Harrisburg, PA 1 7 1 28-0601 RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death MMDDYYYY Date Of Blrth MMDDYYYY ,59-50-3683 01022011 07271937 ~edent's Last Name Suffix Decedent's First Narne M I uIALLACE YVONNE K If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name M I WA!LACE WILLIAM E Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE 433-58-0592 REGISTER OF WILLS FILL IN APPROPRIATE BOXES BELOW 1. C iginal Return ^ 2. Supplemental Return ^ 3. Remainder Return (Date of Death ^ 4. Limted Estate ^ 4 F ^ Prior to 12-13-82) a. uture Interest Compromise (date of death after 12-12-82) 5. Federal Estate Tax Return Required ^ 6. Decedent Died Testate ^ 7. Decedent Maintained a Livin Trust ~ 8 (Attach Copy of Will) g (Attach Copy of Trust.) . Total Number of Safe Deposit Boxes ^ 9. Litigation Proceeds Received ^ 10 S ^ . pousal Poverty Credit (Date of Death 1 1. Election to Tax under Sec. 9113(A) Between 12-31-91 and 1-1-95) (Attach Schedule O) I:UKKtJF'UNDENT - THIS SECTION MUST 8E COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TA); INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number BRIDGET M• WHITLEY, ESQ• 717-233-1000 First Line of Address 1,7 S • 2ND STREET Second Line of Address 6TH FLOOR City or Post Office HARRISBURG State ZIP Code PA 1710], Correspondent'se-mail address: BMWa9SKARLATOSZONARICH • COM REGISTER OF WILLS USE ONLY: n ..: .--- '_77 - _.. -:~~-~-- - r~, ~ij=- j c= -- D._, AILED _._ `r C ~~ Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct and complete. Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge. SIGNATURE OF PERSON RESPONSIBLE FOR FILING RETURN DATE ADDR-- ~ } ~0~~ ~' ~~~ WILLIAM E WALLACE /~-~_ a~/I 143 SALEM CHURCH ROAD MECHANICSBURG, PA 17050 SIGNATURE P~2EPARER OTHER THAN R RESENTATIVE DATE BRIDGET M • WHITLEY / p .. /,~ `•~O!/ ADDRESS - 17 S• 2ND STREET, 6TH FLOOR HARRISBURG, PA 1,7101 PLEASE USE ORIGINAL FORM ONLY Side 1 1505611185 1505611185 OM4647 3.000 ___I 1505611285 REV-1500 EX (FI) Decedent's Social Security Number Decedent's Name: WA i ACE 559-50-3683 RECAPITULATION Y V O N I~ _ K 1. Real Estate (Schedule A) , . 1. 2. Stocks and Bonds (Schedule B) . 0.00 . .............. 2. 0.00 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C) , . 3 4. Mortgages and Notes Receivable (Schedule D) 0.00 ................ a. 5. Cash, Bank Deposits and Miscell 0.00 aneous Personal Property (Schedule E) . ... 5 . 6. Jointly Owned Property (Schedule F) ~ Separate Billing Requested 0.00 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property 6. 9 8 , 4 2 8 • 0 0 (Schedule G) ~ Separate Billing Requested 7 . 8. Total Gross Assets (total Lines 1 through 7) , o.oo ~~~~~~~" " $ 9. Funeral Expenses and Administ ti - 98,428.00 ra ve Costs (Schedule H). . ..... 9. 3,222.00 10. Debts of Decedent, Mortgage Liabilities, and Liens (Schedule I) . " " ~ " ' 10. 11. Total Deductions (total Lines 9 and 10) , 108,863.00 . ...................11. 12. Net Value of Estate (Line 8 minus Line 11) 112,085.00 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which 12 ~ 13 , 6 5 7.0 0 ) an election fo tax has not been made (Schedule J) , . ..13. 14. Net Value Subject to Tax (Line 12 i 0.00 m nus Line 13) 14 TAX CALCULATION -SEE INSTRUCTIONS FOR APPLICABLE RA - ~ 13 ~ 657.00 ) TES 15. Amount of Line 14 taxable at the spousal tax rate, or transfers un~er Sec. 9116 (a)(1.2) X .0 __ 16. Amount of Line 14 t xable ~ • ~ ~ 15. ~ • 0 0 at lineal rate X .0 4 17. Amount of Line 14 taxable ~ ' 0 ~ 16. 0 • 0 0 at sibling rate X .12 18. Amount of Line 14 taxable ~ • ~ ~ 17. 0 • 0 0 at collateral rate X .15 0'00 18. 0.00 19. TAX DUE 19. """~ 0.00 20. FILL IN THE BOX IF YOU ARE REQUESTING A REFUND OF AN OVERPAYME NT Side 2 1505611285 1505611285 OM4646 3.000 REV-1500 EX (FI) Page 3 _ ~ File Numhar Total Credits (A + B) (2) 0 , ~ 3. Interest 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. (3) - 0 ~ 0 Fill in box on Page 2, Line 20 to request a refund. (4) ~ • ~ ~ 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) ~ • 0~ 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: a. retain the use or income of the property transferred Yes No [~' = b. retain the right to designate who shall use the property transferred or its income ~ -/1 ~~ c. retain a reversionary interest d. receive the promise for life of either payments, benefits or care? L~!J 2. If death occurred after Dec. 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration? . ^ 3. Did decedent own an "in trust for" or payable-upon-death bank account or security at his or her death'' ^ 4. Did decedent own an individual retirement account, annuity, or other non-probate property, which contains a beneficiary designation? ^ IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN For dates of death on or after July 1, 1994, and before Jan. 1, 1995, the tax rate imposed on the net value of trar~sfe~s to or for the use of the surviving spouse is 3 percent [72 P.S. §9116 (a) (1.1) (i)]. 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)J. • The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4,5 peril=nt, except as noted in [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 cr adoption. OM4671 2.000 Tax Payments and Credits: 1 Tax Due (Page 2, Line '19) (1; ~ • ~~ 2. Credits/Payments A. Prior Payments ~ . 0I) B. Discount _ 0 ~ 0 REV-1508 EX+ (A1-10) pennsylvania DEPARTMENTOF REVENUE INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE E CASH, BANK DEPOSITS, 8~ MISC. PERSONAL PROPERTY wiralc~r: -1 Yvonne K. Wallace FILE NUMBER: Include the proceeds of litigation and the date the proceeds were received by the estate. 21 11 ~ () 7 ~ All property jointly owned with ri ht of survivorship must be disclosed on Schedule F. ITEM NUMBER 1 TOTAL (Also enter on line 5, Recapitulation) $ owasAD 2.000 If more space is needed, use additional sheets of paper of the same size. VALUE AT DATE OF DEATH 0 REV-1511 EX+ (10-0s) Pennsylvania SCHEDULE H DERARTMENTOF REVENUE FUNERAL EXPENSES AN D iNHERirANCErw~REruRN ADMINISTRATIVE COSTS RESIDENT DECEDENT FILE NUMBER Yvonne K. Wallace 21 11 0070 Decedent's debts must be reported on Schedule I. ITEM - NUMBER DESCRIPTION A. FUNERAL EXPENSES: - AMOUNT ~. None B. ADMINISTRATIVE COSTS: ~ Personal Representative Commissions: Name(s) of Personal Representative(s) Street Address City State ZIP _ Year(s) Commission Paid: 2 Attorney Fees: 2,500 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: 69 5. Accountant Fees: 6. Tax Return Preparer Fees: ~ 350 1 Cumberland Law Journal - Estate Advertising 75 Total from continuation schedules 228 TOTAL (Also enter on Line 9, Recapitulation) I $ swasnc z o0o If more space is needed, use additional sheets of paper of the same size. 3 , 222 Estate of: Yvonne K. Wallace 21 11 0070 Schedule H Part 7 (Page 2) 2 Register of Wills - Inheritance Tax Return Filing Fee 15 3 Register of Wills - Inventory Filing Fee 15 4 The Sentinel - Estate Advertising 198 Total (Carry forward to main schedule) 228 REV-1512 EIX+ (12-08) pennsylvania SCHEDULE I DERarzrMENTOF REVENUE DEBTS OF DECEDENT, '"HERITANCE Tnx RETUR" RESIDENT MORTGAGE LIABILITIES & LIENS DECEDENT ESTATE OF FILE NUMBER Yvonne K. Wallace 21 11 0070 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 Members 1st Federal Credit Union - Visa _ Account Na. 4672 -09 00-0012-4271 8,170 2 Members 1st Federal Credit Union - Personal Service Loan 9,457 3 Members 1st Federal Credit Union - Automobile Loan 31,807 4 North Island Credit Union - Line of Credit 2,379 5 Boscovs Credit Card No. 0000-0000-0377-1083 4,135 6 Verizon 1,905 7 Sears Master Card - Account No. 5121 0717 9585 3948 4,928 8 Sears Premier Card No. 5049 9480 9365 1455 4,132 9 Navy Federal Credit Union - Mortgage on 143 Salem Church Road 41,950 TOTAL (Also enter on Line 10, Reca itulation) ~ $ 108 swasA" z o0o If more space is needed, insert additional sheets of the same size. REV-1513 EX+ (01-10) pennsylvania DEPARTMENT OF REVENUE INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE J BENEFICIARIES ESTATE OF: FILE NUMBER: Vvnnnc K Wal 1 arc 'J1 1 l nn~n RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE TAXABLE DISTRIBUTIONS [Include outright spousal distributions and transfers under Sec. 9116 (a) (1.2).] 1. William E. Wallace 143 Salem Church Road Mechanicsburg, PA 17050 Surviving Spouse 0 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 1 8 OF REV-1500 COVER SHEET, AS APP ROPRIATE. [I NON-TAXABLE DISTRIBUTIONS A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN: 1 B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS: 1. TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET. $ 0 It more space is needed, use additional sheets of paper of the same' size. 9 W 46A 12.000 St MEMBERS 1St FEDERAL CREDIT UNION REGULAR SAVINGS ACCOUNT: Account Number/Suffix 48671-00 Date Account Established 11/06/1985 Principal Balance at Date of Death $337.81 Accrued Interest to Date of Death $.00 Total Principal and Accrued Interest $337.81 Name of Joint Owner William Wallace Date Joint Ownership Established 03/01/1994 CHECKING ACCOUNT: Account Number/Suffix 46671-11 Date Account Established 04/07!2006 Principal Balance at Date of Death $41.00 Accrued Interest to Date of Death $.00 Total Principal and Accrued Interest $41.00 Name of Joint Owner William Wallace Date Joint Ownership Established 04/07/2006 HOLIDAY CLUB ACCOUNT: Account Number/Suffix 46671-02 Date Account Established 11/08!1985 Principal Balance at Date of Death $100.04 Accrued Interest to Date of Death $.00 Total Principal and Accrued Interest $100.04 Name of Joint Owner William Wallace Date Joint Ownership Established 03!01/1994 VISA CREDIT CARD ACCOUNT: Account Number 4672090000124271 Date Account Established 09/14/1995 Balance at Date of Death $8,169.63 Name of Joint Cardholder None LOAN ACCOUNT: Account Number/Suffix 46671-02 Date Opened 09!17/1987 Principal Balance at Date of Death $9,456.62 Loan Type Personal Service Loan Collateral Secured N/A Interest Rate 11.00% Name of Co-Borrower None *Loans do not have life coverage. 46680-01* 06!07!2010 $31,807.18 New Vehicle 2010 Ford Edge 7.27% Yvonne K. Wallace BERS 1sT FEDERAL C EDIT U ION anielle A. Kline Lending Insurance Support Specialist February 18, 2011 Estate of: Yvonne K. Wallace Date of Death: 01102/2011 Social Security Number: 559-50-3683 5000 Louise Drive P.O. Box 40 Mechanicsburg, Pennsylvania 17055 (800) 283-2328 wwwmemberslst.org April 15, 2011 SkarlatosZonarich LLP Attn: Bridget M Whitley 17 So 2°`~ St 6`s Floor Harrisburg, PA 17101-2039 RE: Estate of Yvonne K Wallace i°sland Dear iti1s. Whitley: Below is the information you requested. Please let us know if you require further assistance. credit union.- Account Number- 81771800 account Owners- Yvonne K and William E Wallace Date account opened and made joint- 11-15-71 automatic deposits were not made to this account. Date of Death Balance- $5.43 No interest paid for 2011. No interest accrued to date of death. Line of Credit- #81771826 Date of Death Balance- $4,757.31 We do not offer safety deposit boxes. If you have any further questions, we can be reached at 619-656-7065. Sincerely, Rose Carlucci Deposit Support administrator North Island Credit Union