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HomeMy WebLinkAbout04-0804 E C E D E N T cAPB HpRL EplO CRAC KOTK ES R E C A P I T U L A T I 0 N C 0 M T I 0 · N COMMONWEAL~ OF PENNSYLVANIA DEPARTMENT OF REVENUE DEPT. 280601 HARRISBURG, PA 17128-0601 REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT DECEDEN~PS NAME (LAST, FIRST, AND MIDDLE INITIAL) Fromme Kenneth L. DATE OF BIRTH (MM-DD-YEAR) 12E/~l./'~D 03 DATE OF DEATH (MM-DD-YEAR) 04/08/1934 (IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST, AND MIDDLE INITIAL) OFFICIAL USE ONLY FILE NUMBER SOCIAL SECURI'~f NUMBER 170-26-8261 REGISTER OF WILLS SOCIAL SECURITY NUMBER Fromme, JoAnne ~ 1. OdginalRetum ~24~'. 4. Limited Estate . 6. Decedent Died Testate (Attach copy of Will) 204-30-8842 Supplemental Return .~ 3. Remainder Return (pdda ~,~r~j~ Compromise (date of death after 1 z-12~ 5. Federel Estate Tax Retum Beqededt Maintained a Living T~ust 0 2. Total Nurnber of Safe Deed ~ttl~uJ,ua~py of Trust) Spousal Poverty Credit [] 11. Election to tax under Sec. 9 NmE John E. Slike FIRM NmE (If ~plicable) Saidis, Shuff, Flower & Lfndsay TELEPHONE NUMBER 717/737-3405 1Real Estate (Schedule A) (1) 2Stocks and Bonds (Schedule B) (2) 3Closely Held Corporation, Partnership or (3) Sole-Proprietorship 4Mortgages & Notes Receivable (Schedule D) (4) 5Cash, Bank Deposits & Miscellaneous Persona~ Property (5) (Schedule E) 6Jointly Owned Property (Schedule F) (6) E~eparate Billing Requested 7inter-Vivos Transfers & Miscellaneous Non-Probate Property (7) (Schequle G or L) 8.'Fetal Gross Assets (total Lines 1-7) 9Funeral Expenses & Administrative Costs (Schedule H) (9) l(~3ebts of Decedent, Mortgage Liabilities, & Liens (Schedule I) (10) 11Total Deductions (total Lines 9 & 10} COMPLETE MAILING ~ESS 2109 Market St. Camp Hill, PA 17011 Ohe 12,00,0.00 Nbne 921,869:::~8 (8) 933,869.88 20,699.34 None (11) 20,699.34 (12) 913,170.54 1;alet Value of Estate (Line 8 minus Line 11) 13Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been (13) n~de (Schedule J) 1,~let Value Subject to Tax (Line 12 minus Line 13) (14) 913,170.54 SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES 15~.m~unt of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116(a)(1.2) 913,170.54 X .0 0 (15) 0.00 16Arnount of Line 14 taxable at lineal rote X .0 4.5 (16) 0.00 17Amount of Line 14 taxable at sibling rate X .12 (17) 0.00 18i~nount of Line 14 taxable at collateral rate X .15 (18) 0.00 l~l'ax Due (19) 0. O0 Decedent's Complete Address: ADDRESS 125 Rodney Lane ;ITY Camp ["Jill Tax Payments and Credits: 1.Tax Due (Page 1 Line 19) 2Credits/Payments A. Spousal Poverty Credit B, Prior Payments C, Discount 3Interest/Penalty if applicable D, interest E, Penalty STATE IPA ZIP (1) 0.00 Total Credits ( A + B + C ) (2) Total Interest/Penalty ( D + E ) (3) 17011 4Jf Line 2 is greater than Line I + Line 3, enter the difference. This is the OVERPAYMENT. Check box on Paga 1 Line 20 to request a refund (4) SJf Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) A. Enter the interest on the tax due. (SA) B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (aB) Make Check Payable to: REGISTER OF WILLS, AGENT PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1Did decedent make a transfer and: Yea No a. retain the use or income of the property transferred; ......................... ~ ~ b. retain the right to designate who shall use the properly transferred or Its income; ........... c. retain a revemieaary interest; or .................................... d. receive the promise for life of ether payments, benefits or care? ................... 2If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration? ................................ [] I~ 3Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? [~ ~ 4Did decedent own an Individual Retirement Account, annuity, or other con-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, 0.00 0.00 0.00 0.00 0.00 0.00 O. O0 '~u (./~ ~/~ ,,'..~' ,.'/ Z a.'v~-/v,;,u_~ ............. .~. ....................... ~/ ~- ~ C~p Hill, PA 17011 ............... ~ ~/~/~ T S~NA~REO~REPARERO~ER~R~p.~TATiVE Saidis, Shuff, Flower & Lindsay / e ~ ' ~-/ ~ // ~ , 2109 Market St. . / A F°rdatas~<'orafferJu{Y 1, l~and beforoJanua~ 1, 1~5 ~e~x rata m~onthenetvalue~transf~or~r~e~eof~e sullying s~se is 3% [72 P.S. 9116 (a) (1.1) (i)]. For dates of death on or after January 1, 1995, the tax rate imposed on the net value of transfem to or for the use of the surviving spouse is 0% [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 appficable 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 yearn 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% [72 P.S. 9116 (a) (1.2)]. The tax rate imposed on the net value of transfem to or for the use of the decedent's lineal beneficiaries is 4.5%, except as noted in 72 P.S. 9116(1.2) [72 P.S. 9116(a)(1)]. The tax rate imposed on the net valus of transfem to or for the use of the decedent's siblings is 12% [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 by blood or adoption. ~{EV-1508 EX + (1-97) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF SCHEDULE E CASH, BANK DEPOSITS,& MISC. PERSONAL PROPERTY FILE NUMBER Kenneth L. Fromme SS# 170-26-8261 12/31/2003 Include the proce~ds of litigation and the date the_proceeds were received by the estate A properly jointly-owned with the right of survivorship must be disclosed on Schedule I'. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1 12,000.00 Copyright (c) 1996 foml software only CPSystems, Inc. 1999 Honda Accord]Q(, 23,000 mi. (value based on sale price) TOTAL (Also enter on line 5, Re~ps,.~.~.~n) $ (If rr~re space is needed, insert additional sheets of the same size) Eom REV-1508 EX (Rev. 1-97) 12,000.00 .EV-~S,0EX +<~-97) SCHEDULE G INTER-VIVOS TRANSFERS & COMMONWEALTH OF PENNSYLVANIA iNHERITANCE TAX RETURN MISC. NON-PROBATE PROPERTY RESIDENT DECEDENT ESTATE OF Kenneth L. Fromme SS~/ 170-26-8261 12/31/2003 FILE NUMBER This schedule must be completed and filed if the answer to any of questions 1 through 4 on page 2 Is yes, DESCRIPTION OF PROPE~ ~ ¥ % OF ITEM INCLUDE ME NAME OF ME ~ANS~REE ~EIR RE~TIONSHIP TO DECEDENT KD ME DA~ O~ TR~SEER. DATE OF DEATH DECD'S EXCLUSION TAXABLE VALUE NUMBER AWAON A C~Y OF ME DEED FOR RE~ ESTATE. VALUE OF ASSET INTEREST (~P APPLICOn) Fidelity Investments IRA acct. ~Y99591378 containing the following assets: 1984.6510 Fidelity Advisor,SerI 92,345.81 100.00% 92,345.81 Instl. grwth, at 46.53 1969.763 Fid. Advisor, Set VIII 30,728.30 100.00% 30,728.30 Intl Cap Appr, at 15.60 2008.015 Fid. Mt. Vernon Sir Tr 61,023.58 100.00% 61,023.58 New Millenium, at 30.39 1131.132 Fid. Puritan Tr, Low 39,567.00 39,567.00 Price Stk, at 34.98 1554.046 Fid. Security Fd, 42,425.46 100.00% 42,425.46 dividend growth, at 27.30 1705.597 Blair William Mut Fds 31,809.38 100.00~; 31,809.38 Intl Growth Fd N, at 18.65 1346.608 Harris Assoc. Invt. Tr 50,551.66 [00.00~ 50,551.66 Oakmark Fd I, at 37.54 3205.8210 Marisco Invt Fd, 47,670.56 [00.00 47,670.56 Focus Fd, at 14.87 1926.4820 Morgan Stanley Instl 36,506.83 [00.00~ 36,506.83 Fd, Intl Eqty C1B, at 18.95 2145.1440 Oppenheimer Main St 70,360.72 100.00~ 70,360.72 Fds, Opportunity A, at 32.80 2204.2760 T Rowe Price, Equity 53,167.14 100.00! 53,167.14 Income Fd, Adv, at 24.12 2158.5340 Selected Amern Shs, 71,598.57 100.00~ 71,598.57 Inc., Com, at 33.17 4127.9860 Fidelity Cap & Income 33,271.57 100.00~ 33,271.57 at 8.06 4758.9980 Spartan Invest. Grade 50,968.87 100.00% 50,968.87 Bond, at 10.71 3486.16 Pimco Fds Pac Invt Mgmt 34,059.78 34,059.78 Ser, Hi Yield Admin, at 9.77 4890.1640 Pimco Fds Pac Invt 52,373.66 100.00% 52,373.66 Mgmt Ser, total return, @ 10.71 2186.204 Pimco Fds Pac Invt Mgt 24,594.80 100.00% 24,594.80 Ser, Real retrn adat, at 11.25 4709.006 T Rowe Price, ~i Yield 33,151.40 100.00% 33,151.40 Fd, Inc., Advisor C1, at 7.04 2 Fidelity Investment IRA acct. Number 1~7-531286, containing the following: 78000 Con~modore Applied Tech, 1,053.00 100.00% 1,053.00 Inc., common, at .012 Total of Continuation Schedule(s) 64,641.79 .... TOTAL.(Nso emer on line 7, R~apr.~t ~1) 921,869.88 (If more space is needed, insert additional sheets of the same SiZE C~pydght (c) 1996 form software only CPSystems, Inc. Fomt REV-~'~0 EX (Rev. 1-97) Estate of: Kenneth L. From/ne Soc Sec #: 170-26-8261 Date of Death: 12/31/2003 Continuation of Schedule G (Inter-Vivos Transfers & Misc. Non-Probate Property) Item Description of Property Date of Death % Decd Exclusion # Value of Asset Intrst Taxable Value 8000 Commodore Environ Svsc Inc., common, at .0075 3000 Commodore Separation Tech, Inc., common, at .015 500 Gene Logic, Inc., common, at 4.97 775 Medtmune, Inc., common at 25.17 396 OSI Pharmaceuticals,Inc common, at 31.92 7000 OSI Pharmaceuticals rt contn§ val, at 29554.81 Fidelity Cash res. *Spouse benef, of both accounts 60.00 45.00 2,555.00 19,654.00 12,772.98 29,554.81 100.00% 60.00 45.00 2,555.00 19,654.00 12,772.98 29,554.81 64,641.79 ~EV*lS. Ex+(~-9?) I SCHEDULE H COMMONWEALTH OF PENNSYLVANIA J FUNERAL EXPENSES & INHERITANCE TAX RETURN ADMINISTRATIVE COSTS RESIDENT DECEDENT ESTATE OF Kenneth L. Fromme SS~// 170-26-8261 12/31/2003 FILE NUMBER Debts of decedent must be reported on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A. 5. 6. 7. :UNERALEXPENSES: ?arthemore Funeral Home Funeral lunch and Bricker House Rentals [DMINISTRATIVE COSTS: Personal Representative's Commissions Name of Personal Representative(s) Social Security Number(s) / EIN Number of Pereonal Represantative(s) Street Address City State Year(s) Commission Paid: A~omey'sFees Saidis, Shuff, Flower & Lindsay Family Exemption: (If decedent's address is not the san~ as claimant's, attach explanation) Claimant JoAnne Fr omme StrestAddress 125 Rodney Lane City Camj) Hill Relationship of Claimant to Decedent Spouse Probate Fees State __Zip 17011 Accountant's Fees Tax Return Preparer's Fees Other Administrative Costs Register of Wills, filing fee for tax return Travel expenses for children from AZ 9,536.22 1,896.12 5,000.00 3,500.00 15.00 752.00 TOTAL (Also enter on line 9, R~--?u[-~) $ 20,699.34 (If more space is needed, insert additional sheets of the same size) Fora1 REV-1511 EX (Rev. 1-97) ~EV-1513 EX + (9-00) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Kenneth L. Fromme SS~/; 170-26-8261 NUMBER I1. SCHEDULE J BENEFICIARIES 12/31/2003 NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY TAXABLE DISTRIBUTIONS [Include outright spousal dist dbatlons, and transfem under Sec. 9116(a)(1.2)} Joanne Fr omme 125 Rodney Lane Camp Hill, PA 17011 RELATIONSHIP TO DECEDENT Do Not List T~,,~--~,s) spouse FILE NUMBER AMOUNT OR SHARE OF ESTATE entire estate ENTER DOLLAR AMTS. FOR DISTRIBUTIONS SHOWN ABOVE ON LN. 15 THRU 18~ AS APPROPRIATE~ ON REV 1500 COVER SHEET ~ION-TAXABLE DISTRIBUTIONS: t SPOUSAL DISTRIBUTIONS UNDER SEC. 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE I. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART II - ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV 1500 COVER SHEET $ 0.00 (If more space is needed, insert additional sheets of the same size) Copydght (c) 2000 form software only The Lackner Group, Inc. Fo~m REV- 1513 EX (Rev, 9-00) Fidelity ~ Investments® August 5, 2004 Law Offices Saidis ShuffFlower & Lindsay PC Attn: Shelby L. Yingling-Estate Paralegal 2109 Market St Camp Hill PA 17011 Dear Shelby L. Yingling: We are responding to your request for information regarding Kenneth L. Fromme's Fidelity accounts. Account Number: Y99-591378 Registration: Kenneth L. Fromme-Rollover IRA Value on 12/31/2003: See attached valuation report X41156 Account Number: 147-531286 Registration: Kenneth L. Fromme-Rollover IRA Value on 12/31/2003: See attached valuation report X41157 Ail information in the enclosed valuation report(s) is based on assets in the above-listed Fidelity account(s) as of the date indicated on the report(s). Valuation information for these accounts is provided through Evaluation Services Inc., a third party valuation service provider. Fidelity does not warranty the accuracy of this information for any particular purpose. In addition, Fidelity does not provide legal or tax advice. Consult with an attorney or tax professional regarding any specific legal or tax situation. We hope this information is helpful. For questions concerning account holdings or instructions on how to transfer the ownership of the accounts, please call our Inheritor Services Group at 800-544-0003 between 9:00 A.M. and 5:30 P.M. Eastern time Monday through Friday or visit our website at www.fideliW.com. Sincerely, Fidelity Investments Our File: W019470-30JUL04 Brokerage Services provided by Fidelity Brokerage Services LLC, Member NYSE, SIPC Clearing, custody, and settlement services by National Financial Services LLC, Member NYSE, SIPC lEO. Box 770001, Cincinnati, OH 45277-0034 ITEM CUSIP NO. SHABES/ PAR VALUE 1} 315805101 1,984.6510 ESTATE SECURITIES VALUATION Name of Estate: KENNETH L FRO~ PAGE NO. I DATE OF DEATH: Wednesday, December 31 2003 DESCRIPTION PRICE NIGH/ASK ./LOW/DID MEAN SEC~IRITY ACCRUED CO~ENTS DATE PRICE PRICE PRICE VALUE DIV/INT FIDELITY ADVISOR SER I 12/31 46.5300 46.53000 92,345.81 MUT FUND INSTL GRWTH 2) 315920819 1,969.7630 3) 316200302 2,008.0150 4) 316345305 1,131.1320 5) 316389402 1,554.0460 6) 093001402 1,705.5970 7) 413838103 1,346.6080 8) 573012101 3,205.8210 FIDELITY ADVISOR SER VIII INTL ~ APPR FIDELITY PURITAN TR LOW PRICE STK FIDELITY SECS FD DIVID GROWTH BLAIR WTLLIA~4 MUT FDS INC INTL GRW FD N 12/31 15.6000 15.60000 30,728.30 MUT FUND 12/31 30.3900 30.39000 61,023.58 MUT FUND 12/31 34.9800 84.98000 39,567.00 MUT FUND 12/31 27.3000 27.30000 42,425.46 MUT FUND 12/31 18.6500 18.65000 31,809.38 }f~T FUND 12/31 37.5400 37.54000 50,551.66 MUT FUND 12/31 14.8700 14.87000 47,670.56 MUT FUND 9} 61744J499 1,926.4820 10) 68380D876 2,145.1440 MORGAN STANLEY INSTL FD INC INTL EQTY CL B OPPENNEIMER MAIN STR FDS INC OPPORTUNITY A 12/31 18.9500 18.95000 36,506.83 ~3T FUND 12/31 32.8000 32.80000 70,360.72 Manual 11) 779547207 12) 816221105 2,204.2760 2,158.5340 ROWE T PRICE EQUITY INCOME FD EQ INC}~ FD ADV SELECTED AMEP~N SHS INC COM 12/31 24.1200 24.12000 53,167.14 MUT FUND 12/31 33.1700 33.17000 71,598.57 MET FUND APPRAISE~MO FILE DATA Portfolio: Date Prepared: 08/05/2004 The following data was entered by the user for this portfolio. Page I Item(13) Accrued paid interest was in the amount of $705.19 Item(14)Accrued paid interest was in the amount of $158.00 ITEM CUSIP NO. SHARES/ PAR VALUE 1) 202630109 78,000 DATE OF DEATH: Wednesday, December 31 2003 DESCRIPTION PRICE HIGH/ASK LOW/BID MEAN SECURITY ACCRUED CO~NTS DATE PRICE PRICE PRICE VALUE DIV/INT CO~ODORE A~PLIED TECH INC 12/31 0.0150 0.0120 0.01350 1,053.00 NASDAQ COM 2) 202656104 8,000 CO~40DOPd~ ENVIRON SVCS UNC 12/31 0.0075 0.00750 60.00 NASDAQ COM 3) 202909107 3,000 4) 368689105 500 COb~4ODOP~ SEPARATION TECH INC 12/26 0.0150 0.01500 NASDAQ COM 01/05 0.0150 0.01500 0.01500 45.00 GENE LOGIC INC 12/31 5.2500 4.9700 5.11000 2,555.00 NASDAQ COM 5) 584699102 775 MEDI~NE INC 12/31 25.5500 25.1700 25.36000 19,654.00 NASDAQ COM 6) 671040103 396 OSI PHARMACEUTIC~.LS INC 12/31 32.5900 31.9200 32.25500 12,772.98 NASDAQ COM 7)*671040111 7,000 8) 316067107 29,554.8100 OSI PHARMACEUTICALS INC RT CONTING VAL FIDELITY CASH BESERVES 12/31 1.0000 1.00000 29,554.81 Manual Grand Totals Total Principal plus Accrued interest and dividends 65,694.79 0.00 65,694.79 This report was prepared using FTPAPPRAISE Ver. 7.1.0 software, an EVALUATION SERVICES, INC. product. Visit our web site at WWW.A~P~AISENJ.COM. ACCOUNT: X41156 ESTATE SECURITIES VALUATION Name of Estate: KENNETH L FROMME PASE NO. 2 DATE OF DEATH: Wednesday, December 31 2003 ITEM CUSIP NO. SHARES/ DESCRIPTION PRICE HIGH/ASK LOW/RID MEAN SECURITY ACCRUED COUNTS PAR VALUE DATE PRICE PRICE PRICE VALUE DIV/INT 13) 316062108 4,127.9860 FIDELITY CAPITAL & INCOME 12/31 8.0600 8.06000 33,271.57 Manual 14) 316069608 4,758.9980 SPARTAN INVESTMENT GRADE BOND 12/31 I0.7100 10.71000 50,968.87 Manual 15) 693390650 3,486.1600 PIMCO FDS PAC IN~T MG~T SER 12/31 9.7700 9.77000 34,059.78 MUT FUND HI YIELD ADMIN 16) 693390726 4,890.1640 PIMCO FDS PAC INVT MG~4T SER TOTAL RTP~N ADM 12/31 10.7100 10.71000 52,373.66 ~T ~UND 17) 693391112 2,186.2040 PIMCO FDS PAC INVT MGMT SER 12/31 11.2500 11.25000 24,594.80 MUT FUND P~AL RETEM ADM 18) 741481204 4,709.0060 PRICE T ROWE HIGH YIELD FD INC 12/31 7.0400 7.04000 33,151.40 MUT FUND ADVISOR CL Grand Totals Total Principal plus Accrued interest and dividends 856,175.09 0.00 856,175.09 This report was prepared using FTPAPPRAISE Ver. 7.1.0 software, an EVA~UATION SERVICES, INC. product. Visit our web site at WWW.APPRAISENJ.COM. APERAISEMEMO FILE DATA Portfolio: Date Erepared: 08/05/2004 Page 1 The following data was entered by the user for this portfolio. Item(8) Accrued paid interest in the amount of $20.98. CERTIFICATION OF NOTICE UNDER RULE 5.6(a) Name of Decedent: Date of Death: Will No. ')-- 0 ~'( - Bernice A. Kline August 22, 2004 Administration No. To the Register: I certify that notice of beneficial interest required by Rule 5.6(a) of the Orphans' Court Rules was served on or mailed to the following beneficiaries of the above captioned estate on September 16, 2004. Address Name Patricia A. George Sandra A. Kautz Arthur R. Kline, Jr. 1900 Valley Road, Etters, PA 17319 14 Big Spring Terrace, Newville, PA 17241 P. O. Box 4773, Pago Pago, AS 96799 Notice has now been given to ail persons entitled thereto under Rule 5.6(a) except: No /¥64 O. Sechrist, Esquire c~68 Old York Road Etters PA 17319 (717) 938-3396 Supreme Court ID #15609 Capacity: _ Personal Representative ~X Counsel for Personal Representative /fi:Id Ogd% t~O. BUREAU OF INDIVIDUAL TAXES ZNHERTTANCE TAX DTVTSZON DEPT. 280601 HARRTSBURg, PA 17128-0601 COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSHENT OF TAX JOHN E SLIKE '04 dui :j SAIDIS ETAL 2109 MARKET ST i,.':, CAMP HILL PAr~ ?~1~ ~ DATE ESTATE OF DATE OF DEATH FILE NUMBER COUNTY ACN 10-25-200q FROMME 12-31-2003 210q-OSOq CUMBERLAND 101 Amoun~ Rem ~.'l:'l:od KENNETH L HAKE CHECK PAYABLE AND REMIT PAYNENT TO: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 CUT ALONG THIS LINE ~ RETAIN LOWER PORTION FOR YOUR RECORDS ~ REV-1547 EX AFP [01-03) NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX ESTATE OF FROMME KENNETH L FILE NO. 21 Oq-O80q ACH 101 DATE 10-25-2004 TAX RETURN NAS: (X) ACCEPTED AS FILED ( ] CHANGED RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. Real Es~a~a (Schedule A} (1) 2. S~ocks and Bonds (Schedule B) 3. Closely Held S~ock/Par~nership Zn~ores~ (Schedule C) ($) q. Mortgages~No'es Receivable (Schedule D) $. Cash/Bank Deposits/Misc. Personal Propor~y (Schedule E) (5) 6. Jointly Owned Propor~y (Schedule F) (6] 7. Transfers (Schedule G) (7) 8. To,al Asso~s APPROVED DEDUCTIONS AND EXEMPTIONS: 9. Funeral Expenses/Adm. Costs/Misc. Expenses (Schedule H) (9) 10. Debts/Mortgage L~abil$~es/Liens (Schedule Z) (10) 11. To,al Deductions 12. Ne~ Value of Tax Ro~urn 15. lq. .0O .00 .00 .00 12/000.00 .00 9211869.88 (8] 20,699.3q Charitable/governmental Bequests; Non-elected 9113 Trusts (Schedule J) No~ Value of Es~a~e Subjec~ ~o Tax NOTE: To insure proper crodi~ ~o your account, submi~ ~he upper por~ton of ~his fore wi~h your ~ax payment. 933,869.88 .0O (11) 2~.&99.3~ (12) 913,170.5q (13) . O0 (1~) 913,170.5q NOTE: Zf an assessment was issued previously, lines 14, 15 and/or 16, 17, 18 and 19 will reflect flgures that include the total of ALL returns assessed to date. ASSESSMENT OF TAX: 15. Aaoun~ of L2ne 1~ a~ Spousal ra~e (1~) 16. Amoun~ of Lin® lq ~exable a~ Lineal/Class A ra~o (16) 17. Aeoun~ of L~ne 1~ a~ S2611ng ra~e (17) 18. Amoun~ of L~ne lq ~axablo a~ ColZa~eral/Class B ra~e (18) )al Tax Duo 19. Princi TAX CREDITS PAYMENT BATE RECEIPT NUMBER 913,170.5q x O0 = .00 · 00 x 0q5= .00 · 00 x 12 = . O0 · 00 x 15 = .00 (19)= .00 IF PAID AFTER DATE INDICATED, SEE REVERSE FOR CALCULATION OF ADDITIONAL INTEREST. DISCOUNT (+) INTEREST/PEN PAID (-) AHOUNT PAID TOTAL TAX CREDIT BALANCE OF TAX DUEI INTEREST AND PEN. TOTAL DUE .00 .00 .00 ,00 ( ZF TOTAL DUE IS LESS THAN $1, NO PAYMENT ZS REgUZRED. ZF TOTAL DUE ZS REFLECTED AS A 'CREDIT" (CR), YOU NAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.) RESERVATION: PURPOSE OF NOT[CE: PAYMENT: REFUND (CR): OBJECTIONS: ADMIN- ISTRATIVE CORRECTIONS: DISCOUNT: PENALTY: INTEREST: Estates of decedents dying on or before December 1Z, 198Z -- if any future interest in the estate is transferred in possession or enjoyment to CIass B (collateral) beneficiaries of the decadent after the expiration of any estate for 1ifa or for years, the Commonwealth hereby expressly reserves the right to appraise and assess transfer Inheritance Taxes at the lawfut Class D (collateral) rate on any such futura interest. To fulfill the requirements of Section ZlqO of the Inhmritanca and Estate Tax Act, Act Z$ of ZOO0. (72 P.S. Section 91q0). Detach the top portion of this Notice and submit with your payment to the Register of Hills printed on the reverse side. --Make check or money order payable to: REGISTER OF NILLS, AGENT A refund of a tax credit, which was not requested on the Tax Return, may be requested by completing an "Application for Refund of Pennsylvania Inheritance and Estate Tax" (REV-1515). Applications are available at the Office of the Register of Hills, any of the 23 Revenue District Offices, or by calling the special Iq-hour answering service for forms ordering: 1-800-36Z-2050; services for taxpayers with special hearing and / or speaking needs: 1-SOO-qq7-3OZO (TT onZy). Any party Jn interest not satisfied with the appraisement, allowance, or disallowance of deductions, or assessment of tax (including discount or interest) as shown on this Notice must object within sixty (60) days of receipt of this Notice by: --written protest to the PA Department of Revenue, Board of Appeals, Dept. 281021, Harrisburg, PA 17128-lOZ1, OR --election to have the matter determined at audit of the account of the personal representative, OR --appeal to the Orphans' Court. Factual errors discovered on this assessment should be addressed in writing to: PA Department of Revenue, Bureau of Individual Taxes, ATTN: Post Assessment Review Unit, Dept. ZSgSO1, Harrisburg, PA 17128-0601 Phone (7173 787-6S05. See page 5 of the booklet "Instructions for Inheritance Tax Return for a Resident Decedent" (REV-1501) for an explanation of administratively correctable errors. if any tax due is paid within three (33 calendar months after the decedent's death, a five percent (SZ) discount of the tax paid is allowed. The lax tax amnesty non-participation penalty is computed on the total of the tax and interest assessed, and not paid before January 18, 1996, the first day after the end of the tax amnesty period. This non-participation penalty is appealable in the same manner and in the the same time period as you would appeal the tax and interest that has been assessed as indicated on this notice. Interest is charged beginning with first day of delinquency, or nine (9) months and one (1) day from the date of death, to the date of payment. Taxes which became delinquent before January l, 198Z bear interest at the rata of six (SX) percent per annum calculated at a daily rate of .00016~. All taxes which became delinquent on and after January [, 198Z wii! bear interest at a rate which will vary from calendar year to calendar year with that rate announced by the PA Department of Revenue. The appIiceble interest rates for 198Z through ZO0~ arm: Interest Daily Interest Daily Interest Daily Year Rate Factor Year Rate Factor Year Rate Factor ~ 20Z .OOOSqB ~)'~'8 - 1991 Ill .O0030X ~ 9X .0002q7 1983 16Z .000q38 1992 92 .O00Zq7 ZOOZ 62 · 00016~, 198q X1Z .000301 1993-199~ 7Z .O0019Z 2003 5Z .000137 1985 132 .000356 1995-1998 92 .O00Zq7 ZOOq qX .000110 1986 lOZ . OOOZTq 1999 7Z .000192 1987 102 .O00Z7~, ZOO0 72 .O0019Z --Interest is calculated as follows: INTEREST = BALANCE OF TAX UNPAID X NUNBER OF DAYS DELINQUENT X DAILY INTEREST FACTOR --Any Notice issued after the tax becomes delinquent will reflect an interest calculation to fifteen (IS) days beyond the date of the assessment. If payment is made after the interest computation date shown on the Notice, additional interest must be calculated.