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HomeMy WebLinkAbout03-0530Register of Wills of Cumberland County, Pennsylvania PETITION FOX, GRANT!OF LETTERS Estate of RICHARD D. ADAMS, SR. Deceased DONN L. SNYDER, Petiti ....... ho is 18 y .... rage or older, applies for: (COMPLETE "A" OR "B" BELOW:) '03 .itj~N 27 ~ 8 37 Social Security No. 204-09-9988 A. Probate and Grant of Letters Testamentary State releva,t cirfumstaufes, eg. renunciation, death o f executor, et¢ Except as follows, Decedent did not marry, was not divorced, and did not have a child bom or adopted after execution of the documents offered for probate; was not the victim ora killing and was never adjudicated incompetent: [ ~ B. Grant of Letters of Administration (d b.n.c.t.a.: pendente lite; dur~ulte absentia; durant¢ minoritate) Petitioner(s) after a proper search has/have ascertained that Decedent left no Will and was survived by the following spouse (if any) and heirs: Name Relationship Residence Richard D. Adams, Jr. [ Son ] I 1 Bluebell Court, Santa Fe, NM 87508-2292 I [ (COMPLETE IN ALL CASES:) Attach additional sheets if necessary. Decedent was domiciled at death in Cumberland County, Pennsylvania, with his last family or principal residence at 221 South Market Street, Mechanicsburg, Pennsylvania. (list street, number and inunieipality ) Decedent, then 88 years of age, died June 7, 2003 at Camp Hill, Pennsylvania. Decedent at death owned property with estimated values as follows: (If domiciled in PA) All personal property ............................................................................................................. $ 90,000.00 (If not domiciled in PA) Personal property in Pennsylvania ........................................................................................ $ (If not domiciled in PA) Personal property in County .................................................................................................. $ Value of mai estate in Pennsylvania ................................................................................................................................................................ $ Total ............................................................................................................................................................................................... $ 90,000.00 Real Estate situated as follows: 100 North 62nd Street, Harrisburg, PA Wherefore, Petitioner(s) respectfully request(s) the probate of the last Will and Codicil(s) presented with this Petition and the grant of letters in the appropriate form to the undersigned: Si~gnature ~ Form RW-I Page I of 2 (Dauphin County) Typed or printed name and residence Donn L. Snyder, Esquire, Saul Ewing LLP, 2 North Second Street, je Floor, Harrisburg, Pennsylvania 17101 ./2-/'"/9- ~-' 57377.1 6/26/03 Oath of Personal Representative Commonwealth of Pennsylvania County of Cumberland The Petitioner above-named swears and afffmns that the statements in the foregoing Petition are tree and correct to the best of the knowledge and belief of Petitioner and that, as personal representative of the Decedent, Petitioner will well and truly administer the estate according to law. Sworn to and affirmed and subscribed before me this~? day of June, 2003. No. Estate of RICHARD D. ADAMS, SR., Deceased Social Security No: 204-09-9988 Date of Death: June 7, 2003 AND NOW, June,,_qO, 2003, in consideration of the Petition on the reverse side hereon, satisfactory proof having been presented before me, IT IS DECREED that Letters __ Testamentary of Administration, X d.b.n.c t.i pendente lite; durante absentia; dm'ante minofitate are hereby granted to Donn L. Snyder in the above estate. FEES Letters ........................... $ Short Certificate(s)...3....$ Renunciation .................. $ Affidavit ( ) ................. $ Extra Pages ( ) ............ $ Codicil .......................... $ JCP Fee ........................ $ Inventory ....................... $ Other ............................ $ Attorney: DONN L. SNYDER I.D. No: 06858 Saul Ewing LLP Two North Second Street, 7th Floor Hamsburg, PA 17101 (717) 257-7552 TOTAL ................ Forln RW-I Page 2 of 2 (Dauphill Cotlntyl Regisler of Wills of Dauphin Coumy, Pemlsytvania 57377.1 6/26/03 Register of Wills of Cumberland County, Pennsylvania RENUNCIATION Estate of Richard D. Adams, Deceased The undersigned, Richard D. Adams, Jr., hereby renounces his right to administer the estate and respectfully request that Letters of Administration CTA be issued to Donn L. Snyder. Witness our hand and seal this 1 lth day of June, 2003. Swom to or affirmed and subscribed before me this 11 th day '0'f-xJune 2003. ~'~otarymublic ? ~'~ ~.~'~ NOTARIAL SEAL Maronetta F. Miller, Notary Public Harrisburg, PA Dauphin County My Commission Expires Jan19, 2004 Richard D. Adams, Jr. 57379.1 6/11/03 IN RE: ESTATE OF RICHARD D. ADAMS, SR. IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION No. 21-03-530 CERTIFICATION OF NOTICE UNDER RULE 5.6(a) Name of Decedent: Date of Death: To the Register: RICHARD D. ADAMS, SR. JUNE 7, 2003 I certify that notice of estate administration required by Rule 5.6(a) of the Orphans' Court Rules was served on or mailed to the sole beneficiary of the above-captioned estate on July 2, 2003: Name Address Richard D. Adams, Jr. 11 Bluebell Court, Santa Fe, NM 87508-2292 Notice has been given to all persons known to the undersigned to be entitled thereto under Rule 5.6(a) D6IqN L. SNYtS~ER'' --4 Saul Ewing LLP Penn National Insurance Plaza Two North Second Street, 7th Floor Harrisburg, PA 17101 :~::;' '.i:~:3 (717) 257-7552 '; :,:'! Attorney for Estate [():ZiS L-l[li' £0. 62176.1 7/3/03 REV-I~5g,' ~X (6-00) . DEPARTMENT OF REVENUE INHERITANCE TAX RETURN FILE NUMBER DEPT. 280601 /2 0 0 0 HARRISBURG, PA 17128-0601 RESIDENT DECEDENT DECEDENTS NAME (~S~ FIRS~ AND MIDDLE INITIAL) SOCAL SECURI~ NUMBER Adams Rlcha~d D S~ 20~-09-9988 DATE OF DEATH (M~DD-Y~R) DATE OF BIRTH (M~DD-Y~R) ~IS R~RN MUST BE FILED IN DUPLICA~ ~TH 06-0F-2003 04-12-2003 REGISTER OF WILLS (IF APPLICABLE) SURVIVING SPOUSE'S NAME (~ST FIRST, AND MIDDLE iNITIAL) SOCIAL SECURI~ NUMBER [] 1. OriginaIReturn [] 4. Limited Estate [] 6. Decedent Died Testate (Attach copy of Will) [] 9, Litigation Proceeds Received [] 2. Supplemental Return ] 4a. Future Interest Compromise (date of death after 12-12-82) [] 7. Decedent Maintained a Living Trust (Attach copy of Trust) ] 10. Spousal Poverty Credit (date el death between 12-31-91 and 1-1-95) ] 3. Remainder Return (date of death prior to 12-13-82) [] 5 Federal Estate Tax Return Required __ 8. Total Number of Safe Deposit Boxes [] 11. Election to tax under Sec 9113(A) (Attach Sch O) THIS SECTION MUST BE COMPLy- I ~-D. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: NAME Dorm L. Snyder, Esquire FIRM NAME (If Ap¢icable) Saul gwing LLP TELEPHONE NUMBER (717) 257-7524 COMPLETE~ILINGADDRESS 2 North Second Street, 7th Floor Harrisburg, PA 17101 1. Real Estate (Schedule A) (1) 2. Stocks and Bonds (Schedule B) (2) 3. Closely Held Corporation, Partnership or Sole-Proprietorship (3) 4. Modgages & Notes Receivable (Schedule D) (4) 5. Cash, Bank Deposits & Miscellaneous Personal Property (5) (Schedule E) 6. Jointly Owned Property (Schedule F) (6) [] Separate Billing Requested 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (7) (Schedule G or L) 8. Total Gross Assets (total Lines 1 - 7) 9. Funeral Expenses & Administrative Costs (Schedule H) (9) 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) (10) 11. Total Deductions (total Lines 9& 10) 12. Net Value of Estate (Line 8 minus Line 11) 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made (Schedule J) 14. Net Value Subject to Tax(Line 12 minus Line 13) ii' 1, 169.21 87,201.10 OFFICIAL USE ONLY I (8) 88, 370.31 16,466.75 611.52 (11) 17,078.27 (12) 71,292.04 (13) (14) 71,292.04 SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 (a)(1.2) (15) 16. Amount of Line 14 taxable at lineal rate (16) 17. Amount of Line 14 taxable at sibling rate X . 12 (17) 18. Amount of Line 14 taxable at collateral rate x . 15 (18) 19. Tax Due (19) 20. [] J CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT J 0.00 x.o 71,292.04 x.o 45 3,208.14 3,208.14 > > BE SURE TO ANSWER ALL QUESTIONS ON REVERSE SIDE AND RECHECK MATH < < STF PA42021F 1 Decedent's Complete Address: STREET ADDRESS 221 South Market Street CITY Mechanicsburq I STATE PA Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit 0,0 0 B. Prior Payments 0.0 0 C. Discount 160.00 InterestJPenalty if applicable D. Interest E. Penalty (1) Total Credits (A + B + C) (2) 0.00 0.00 Total Interest/Penalty (D + E) (3) If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Check box on Page 1 Line 20 to request a refund (4) If 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. (5A) B. Enter the total of Line 5 + SA. This is the BALANCE DUE. (SB) Make Check Payable to: REGISTER OF WILLS, AGENT 17055 3,208.14 160.00 0.00 0.00 3,048.14 0.00 3,048.14 PLEASE ANSWER THE FOLLOVVING 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; ........................................ [] [] 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? ............................... [] [] 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? ....................................................... [] [] IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. belief, it is true, correct and complete. DATE 8 - ~- 03 Under penalties ofll~rjury, I declare that I have j~mined this return including accompanying schedu es and statements and to the best of my knowledge and Declaration of pre~aler other thar~Lhe p,~rsonal~r~presentative is based on all information of which preparer has any knowledge. S'GNATURE.EI _SO ON,, f% _lNG RETURN ADDRESS .... J~. - -,~ 2 North Second Street, 7th Floor, Harrisburg, PA 17101 SIGNATURE OF PREPARER OTHER THAN REPRESENTATIVE DATE ADDRESS 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 surviving spouse 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 transfers 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 fi.om 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 0% [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%, except as noted in 72 P.S. §9116(1.2) [72 P.S. §gn 6(a)(1 )]. The tax rate imposed on the net value of transfers 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. STF PA42021F 2 REV-15OS, EX + (1-97) (I) SCHEDULE E COMMONWEALTH OF PENNSYLVANIA CASH, BANK DEPOSITS, & MISC. INHERITANCE TAX RETURN RESIDENT DECEDENT PERSONAL PROPERTY ESTATE OF FILE NUMBER Richard D. Adams, Sr. 21-03-0530 Include the proceeds of litigation and the date the proceeds were received by the estate. All property jointly-owned with the right of survivorship must be disd_nsed_ _ on Schedule E ITEM NUMBER DESCRIPTION Holy Spirit Hospital - Refund Country Meadows - Refund TOTAL (Also enter on line 5, Recapitulation) VALUE AT DATE OF DEATH 28.02 1,141.19 $ 1,169.2~ (If more space is needed, insert additional sheets of the same size) STF PA42021F 9 REV-1509 EX + (1-97) (I) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Richard D. Adams, Sr. SCHEDULE F JOINTLY-OWNED PROPERTY FILE NUMBER 21-03-0530 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 RELATIONSHIP TO DECEDENT A. RDA, Jr. Son 11 Bluebell Court Santa Fe, New Mexico 87508 JOINTLY-OWNED PROPERTY: LETTER DATE DESCRIPTION OF PROPERTY % OF DATE OF DEATH ITEM FOR JOINT MADE Include name of financial institution and ba~ acco~ number or similar identifying number DATE OF DEATH DECUS VALUE OF NUMBER TENANT JOINT Attach deed for jointly-held real estate. VALUE OF ASSET INTEREST DECEDENTS INTEREST 1. A. 3-00 Smith Barney 169,699.51 50% 84,849.76 2. A. 3-00 Key Bank - 328427004770 1,676.24 50% 838.12 3. A. 3-08 Key Bank - 328420024890 3,026.44 50% 1,513.22 TOTAL (Also enter on line 6, Recapitulation)$ 8 7,2 0 1. 1 0 (If more space is needed, insert additional sheets of the same size) STF PA42021 F. 10 "REV-151% E,X + (1-97)(I) COMMONV~r_ALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Richard D. Adams, Sr. SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS FILE NUMBER 21-03-0530 Debts of decedent must be reported on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A. 1, 5. 6. 7. 8. 9. FUNERAL EXPENSES: Musselman Funeral Home, Inc. ADMINISTRATIVE COSTS: Personal Representative's Commissions Name of Personal Representative(s) Donn L. Snyder, Esquire s~iai s~y Number(s) / EIN Number of Per.al Repr~iv~s) S~Address2 North Second Street, 7th Floor City Harrisburg S~e PA Year(s) Commission Paid: AttomeyFees- Saul Ewing LLP Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant .zipl7101 Street Address City State Zip Relationship of Claimant to Decedent ProbateFees - Saul Ewing LLP Accountant's Fees Tax Return Preparer's Fees Patriot News - Advertise Grant of Letters Cumberland Law Journal - Advertise Grant of Letters Saul Ewing LLP - Copies, Postage and Miscellaneous Filing Fees TOTAL (Also enter on line 9, Recapitulation) 7,551.52 4,000.00 4,340.00 230.00 170.23 75.00 100.00 $ 16,466.75 (If more space is needed, insert additional sheets of the same size) STF PA42021F. 12 "REV-151~ EX + (1-97) (I) COMMONV~c. ALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Richard D. Adams, Sr. SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS FILE NUMBER 21-03-0530 Include unreimbursed medical e.~ ITEM NUMBER DESCRIPTION West Shore EMS TOTAL (Also enter on line 10, Recapitulation) AMOUNT 611.52 $ 611.52 (Ifmorespace is needed, insert additional sheets ofthesame size) s"rFPA42021F. 13 "REV-151~3 EX + (9-00) COMMONV~r_ALTH OF PENNSYLVANIA INHERiTANCE TAX RETURN RESIDENT DECEDENT ESTATE O F Richard D. Adams, NUMBER I. STF PA42021F. 14 SCHEDULE J BENEFICIARIES Sr. NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY TAXABLEDISTRIBUTIONS[includeoutdghtspousaldistdbutions, andtmns~m underS~.9116(a)(l.2)] Richard D. Adams, Jr. 11 Bluebell Court Santa Fe, New Mexico 87508 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINE,< FILE NUMBER 21-03-0530 RELATIONSHIP TO DECEDENT Do Not List Trustee(s) Son AMOUNT OR SHARE OF ESTATE 100% 15 THROUGH 18, AS APPROPRIATE, ON REV-1500 COVER SHEET NON-TAXABLE DiS ~ ~IBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART I1 - 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) SMITH BARNEY_ c t gmupT' July 8, 2003 Account originally opened in the name of Richard D. Adams Sr 2/16/00 Account title - Richard D. Adams, Sr. Added Richard D. Adams Jr. to account 3/00 Account title - Richard D. Adams, Sr and Richard D. Adams, Jr. JTWROS Opened new account in Richard D. Adams, Jr. name only and joumalled Joint account to individual account - 8/02 Account title - Richard D. Adams, Jr. Value of account on June 7, 2003 - $169,699.51 This information is being provided at your request and does not replace or supersede your monthly Smith Barney customer statement. This information ~ he',ed upu, ;Itc ma,kef val_qo of your ac~oun} a~ and is subject to daily mar o luct at,on. Citigroup Global Markets Inc. Monarch Tower, Suite 1400 3424 Peachtree Road NE Atlanta, GA 30326-1121 Tel 404 264 4000 Fax 404 262 2926 Toll-fie, 81 ,) ~, THE INFORMATION SET FORTH WAS OBTAiNED FROM SOURCESWHICHWEBELIEVERELIABLEBUTWEDONOTGUARANTEEiTSACCURACYORCOM?i~ 7~ ~ - NEITHER THE INFORMATION NOR ANY OPINION EXPRESSED CONSTITUTES A SOLICITATION BY US OF THE PURCHASE OR SALE OF AN'~ KeyBank P.O. Box 93885 Cleveland, OH 44101-5885 Key Saver Statement June 30, 2003 I,,,111,,,111,,,,I,1,,I,1,,11,,,,11,,,I,I1,,,I,,I,1,,,11,,,111 T 0842 SNAP S IQ SS RICHARD D ADAMS RICHARD D ADAMS JR 221 SOUTH MARKET ST MECHANICSBURG PA I7055-6327 Questions about your account? 1-800-KEY2YOU (1-800-53g-2968) Or, write us: KeyBank National Association P.O. Box 94825 C/eve/and, Ohio 44101 Enroll in Online Banking today at Key. com. Access your available accounts, transfer funds and view your transactions right from your PC. Account tit/e: R/CHARD D ADAMS R/CHARD D ADAMS JR $696.75 Current interest rate Number ol= days this statement period 73 1,468.68 Interest paid (5-16-03) $0.37 0.91 Interest paid (6-18-03) $0.54 Interest paid year-to-date $2.44 Balance on Apr 18, 2003 Additions Deposits Interest Deductions none Balance on Jun 30, 2003 $2,166.34 variable Deposits Date Description 4-29 Direct Deposit, 5-29 Nyslrs Amount Pension Pr -$489.56 __ Pension Pr Pension Pr 4~9.56 Direct De_Posit, Nyslrs Direct De~Do___sit_~,. Nyslrs 8-27 Total 489.56 $1,468.68 ~ Member FDIC 328427004770 * 03290 Page ! of 2 76578 ~Mernber FDIC 328427004770 - 03290 Page 2 of 2 76578 CONSUMER ACCOUNT DISCLOSURES The following disclosures apply only to accounts covered by the Federal Truth-in- Lending Act or the Federal Electronic Funds Transfer Act, as amended, or similar state IN CASE OF ERROR OR QUESTIONS ABOUT YOUR ELECTRONIC TRANSFERS: Call us at the phone number indicated on the first page of this statement, OR write us at the address listed there, as soon as you can, if you think your statement or receipt is wrong or if you need mere information about a transfer listed on the statement or receipt. We must hear from you no liter than sixty (60) days after we sent you the FIRST statement on which the problem or error appeared. · Tell us your name and Account number; · Describe the error or transfer that you are unsure about, and explain as clearly as you can why you believe if is an error or why you need mere infor,,~ticn; * Tell us the dollar ameunt of the suspected error. If you tell us orally, we may require that you send us your compliint or question in writing within ten (10) business days. We will investigate your complaint and will correct any error promptly. If we take mere than ten (10) business days to do this, we will recredit your account for the amount you think is in error, so that you will have use of the meney during the time it takes us to complete our investigation. COMMON ELECTRONIC TRANSACTION DESCRIPTIONS: XFER TO SAV - Transfer to Savings Account XFER FROM SAV - Transfer from Savings Account XFER TO CKG - Transfer to Checking Account XFER FROM CKG - Transfer from Checking Account PMTTOCRCARD - Payment to Credit Card ADV CR CARD - Advance from Credit Card Praauthorlzed Credits: If you have arranged to have direct deposits made to your Account at least once every sixty (60) days from the same parson or company, you can call us at the number indicated on the reverse side to find out whether or not the deposit has been made. IMPORTANT LINE OF CREDIT INFORMATION Billing Rights Summary: In oase of Error or Questions About Your Bill: If you think your statement is wrong, or if you need mere information about a transaction on this statement, write us on a separate sheet at the address shown on your statement as soon as possible. We must hear from you no liter than six'o/(60) days after we sent you the FIRST statement on which the error or problem appeared. You can telephone us, but doing so will not preserve your rights. In your litter, give us the following information: · Your name and account number; · The dollir ameunt of the suspected error; · Describe the error and explain, if you can, why you believe there is an error. If you need more information, describe the item you are unsure about You do not have to pay any amount in question while we are investigating, but you are still obligated to pay the part~ of your bill that are not in question. While we investigate your question, we cannot report you delinquent or take any action to collect the amount you question. Explanation of Finance Charge: Your Finance Charge is computed on alicash advances from the date each cash advance is made until we receive payment in full. We figure the Finance Charge on your line of credit by applying the daily periodic rate to the "Average Daily Balince" (Finance Charge Balince) of your line of credit including current transactions. To get the average daily balance we take the beginning balance of your line of credit each day, add any new cash advances or debits, and subtract any payments or credits, fees and unpaid Finance Charge. This gives us your daily balance. Than we add up all daily balinces and divide this total by the number of days in the billing cycle to get the average daily balince. Then we multiply the average daily balince by the daily periodic rate times the number of days in the billing cycle. The Daily Periodic Rate is figured by dividing the Annual Percentage Rate by the number of days in a year (365/366 days). CREDIT INFORMATION: If you believe we have reported inaccurate information about your account to a credit reporting agency, you may contact the credit reporting agency or write to us at: Key Credit Research Department P.O. Box 94518 Clevelind, Ohio 44101-4518 Please include your account number, a copy of your credit report reflecting the inaccurate information, name, address, city, state, and zip code, and an explination of why you believe the information is inaccurate. BALANCING YOUR ACCOUNT Please examine your statement and canceled checks upon receipt. Erasures, alterations or irregularities should be reported promptly in accordance with your account agreement. The suggested steps below will help you balance your account. INSTRUCTIONS O Verify and check off in your' check register each deposit, check or other transaction shown on this statement. Enter into your check register and SUBTRACT:· Checks or other deductions shown on our statement that you have not already entered. · The "Service charges", if any, shown on your statement. Enter into your check register and ADD:· Deposits or other credits shown on your statement that you have not already entered. · The "Interest earned" shown on your statement, if any. TOTAL* $ Register of Wills of Cumberland County, Pennsylvania INVENTORY Estate of Richard D. Adams, Sr. No. 21-03-0530 also known as Date of Death June 7, 2 003 , Deceased Social Security No. 204-09-9988 Personal Representative(s) of the above Estate, deceased, verify that the items appearing in the following inventory include all of the personal assets wherever situate and all of the 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. I/We verify that the statements made in this Inventory are true and correct. I/We understand that false statements herein are made subject to the penalties of 18. Pa. C.S. Section 490~ relating to unsworn falsification to authorities. Name of Attorney: I.D. No.: Address: Telephone: Dorm L. Snyder 06858 2 North Second Street, 7tn Floor Harrisburg, PA 17101 (717) 257-7524 Personal Representative Dated: August __, 2003 Real Estate Personal Estate (See (Attach Additional Sheets if necessary) Description Attached) Value None $1,169.21 Total: $1,169.21 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 be extended into the total of the Inventory. 99203.1 7/30/03 REV-1508,EX + (1-97) (I) ' SCHEDULE E COMMONnArcALTH OF PENNSYLVANIA CASH, BANK DEPOSITS, & MISC. INHERITANCE TAX RETURN RES~OE.T~CEOENT PERSONAL PROPERTY ESTATE OF FILE NUMBER Richard D. Adams, Sr. 21-03-0530 Include the proceeds cf litigation and the date the proceeds were received by the estate. All property jointly-owned with the right of survivorship must be disc!_ _,'~_ _ on Schedule F ITEM DESCRIPTION NUMBER Holy Spirit Hospital - Refund Country Meadows - Refund TOTAL (Also enter on line 5, Recapitulation) VALUE AT DATE OF DEATH 28.02 1,141.19 $ 1,169.21 STF PA42021F.9 (If more space is needed, insert additional sheets of the same size) COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES DEPT. 280601 HARRISBURG, PA 17128-0601 RECEIVED FROM: PENNSYLVANIA INHERITANCE AND ESTATE TAX OFFICIAL RECEIPT NO. REV-1162 EX(I 1-96) CD 002902 SAUL EWING LLP C/O MARONETTA F MILLER 2 NORTH 2ND STREET, 7TH FLOOR HARRISBURG, PA 17101 ........ fold ESTATE INFORMATION: SSN: 204-09-9988 FILE NUMBER: 2103-0530 DECEDENT NAME: ADAMS RICHARD D SR DATE OF PAYMENT: 08/14/2003 POSTMARK DATE: 00/00/0000 COUNTY: CUMBERLAND DATE OF DEATH: 06/07/2003 ACN ASSESSMENT CONTROL NUMBER AMOUNT 101 $3,048.14 REMARKS: TOTAL AMOUNT PAID: MARONETTA F MILLER C/O SAUL EWING LLP-HAND DELIVERED ~3,048.14 SEAL CHECK# 12284 INITIALS: SK RECEIVED BY: DONNA M. OTTO DEPUTY REGISTER OF WILLS REGISTER OF WILLS BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX DIVISION DEPT. 280601 HARRISBURG, PA 17128-0601 COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX DONN L SNYDER ESQ SAUL EWING 2 N 2ND ST 7TH FL HBG PA 17101 DATE 09-22-2003 ESTATE OF ADAMS SR DATE OF DEATH 06-07-2003 ,,"~F_ILE NUM$~R 21 03-0530 COUNTY CUMBERLAND ACM 101 Amount Remitted REV-1547 EX AFP (01-03) RICHARD D MAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF MILLS CUHBERLAND CO COURT HOUSE CARLISLE, PA 17013 CUT ALONG THIS LINE ~ RETAIN LONER PORTION FOR YOUR RECORDS ~ REV-1547 EX AFP C01-05) NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX ESTATE OF ADAMS SR RICHARD D FILE NO. 21 03-0530 ACM 101 DATE 09-22-2003 TAX RETURN WAS: C X} ACCEPTED AS FILED C } CHANGED RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSF APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. Real Estate CSchedule A} 2. Stocks and Bonds CSchedule B) CE} $. Closely Held Stock/Partnership Interest CSchedule ~. Mortgages/Notes Receivable CSchedule D} 5. Cash/Bank Deposits/Misc. Personal Property CSchedule E} C5} 6. Jointly Owned Property CSchedule F} 7. Transfers CSchedule G} C7) 8. Total Assets APPROVED DEDUCTIONS AND EXEMPTIONS: 9. Funeral Expenses/Adm. Costs/Misc. Expenses CSchedule H) C9} 10. Debts/Mortgage Liabilities/Liens CSchedule 11. Total Deductions 12. Net Value of Tax Return .00 .00 .00 .00 lr169.21 87r201.10 .00 16,466.75 NOTE: To insure proper credit to your account, submit the upper portion of this form with your tax payment. NOTE: 88,370.31 IF PAID AFTER DATE INDICATED, SEE REVERSE FOR CALCULATION OF ADDITIONAL INTEREST. reflect figures that include the total of .ALL returns assessed to date· · O0 x O0 = . O0 71,292.04 x 045= 3,208.14 .00 x 12 = .00 · O0 x 15 = . O0 (19)= 3,208.14 AMOUNT PAID 3,048 ASSESSMENT OF TAX: 15. Amount of L/ne 14 at Spousal rate C15) 16. Amount of Line 14 taxable at Lineal/Class A rate 17. Amount of L/ne 14 at Sibling rate C17}. 18. Amount of Line 14 taxable at Collateral/Class B rate C18} 19. Principal Tax Due TAX CREDITS: PAYMENT RECEIPT DISCOUNT C+) DATE NUMBER INTEREST/PEN PAID C-} 08-14-2003 CD002902 160.41 TOTAL TAX CREDIT I 3,208.55 BALANCE OF TAX DUEJ .41CA INTEREST AND PEN. I .00 TOTAL DUE I .41CR C IF TOTAL DUE IS LESS THAN 91, NO PAYMENT IS REQUIRED. IF TOTAL DUE IS REFLECTED AS A "CREDIT" CCR}, YOU MAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.} Charitable/Governmental Bequests; Non-elected 9115 Trusts (Schedule J} C13} .00 Net Value of Estate Sub3ect to Tax (14} 71,292.04 If an assessment was issued previously, lines 14, 15 and/or l&, 17, 18 and 19 will 611.52 c11) . 17.078.27 (12) 71,292.04 RESERVATION~ Estates of decedents dying on or before December 12, 1982 -- if any future interest in the estate is transferred in possession or enjoyment to Class 8 (collateral) beneficiaries of the decedent after the expiration of any estate for life or for years, the Commonwealth hereby expressly reserves the right to appraise and assess transfer Inheritance Taxes at the lawful Class 8 Ccollateral) rate on any such future interest. PURPOSE OF NOTICE~ PAYNENT= REFUND OBJECTIONS= ADHIN- ISTRATIVE CORRECTIONS= DISCOUNT= PENALTY= INTEREST= To fulfill the requirements of Sect/on 2140 of the Inheritance and Estate Tax Act, Act 25 of 2000. (72 P.S. Section 9140). Detach the top portion of this Notice and submit with your payment to the Register of Wills printed on the reverse side. --Hake check or money order payable to= R~{~XS~E~ OF NXLLB, A~ A refund of a tax credit, which was not requested on the Tax Return, may be requested by completing an '~pplication for Refund of Pennsylvania Inheritance and Estate Tax" (REV-1313). Applications are available at the Office of the Register of Hills, any of the 25 Revenue District Offices, or by calling the special 24-hour answering service for forms ordering= 1-800-362-2050; services for taxpayers with special hearing and / or speaking needs: 1-800-447-3020 (TT only). Any party in interest not satisfied with the appraisement, allowance, or disallowance of deductions, or assessment of tax (including discount or interest) as sho~n on this Notice must object within sixty (60) days of receipt of this Notice by= --written protest to fha PA Department of Revenue, Board of Appeals, Dept. 281021, Harrisburg, PA 17128-1021, 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. 280601, Harrisburg, PA 17128-0601 Phone (717) 787-6505. 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 (3) calendar months after the decedent's death, a five percent (SY.) discount of the tax paid is allowed. The 15Y. tax amnesty non-participation penalty is computed on the total of the tax and interest assessed, and not paid before Januar~ 18, 1996, the first day after the and 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 1, 1962 bear interest at the rate of six (6X) percent per annum calculated at a daily rate of .000164. All taxes which became delinquent on and after Januar~ 1, 1982 will 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 applicable interest rates for 1982 through 2003 are: Interest Daily Interest Daily Interest Daily Year Rate Factor Y e a.__~ Rate Factor Yea.__.~ Rate Factor m 1982 20Y. .000548 1987 9Y. .000247 1999 7X .000192 1983 16Y* .000438 1988'1991 11X .000501 2000 BY. .000219 1984 11~. .000501 1992 9Y. .000247 2001 9~ .000247 1985 15~ .000356 1993-1994 7Y. .000192 2002 ~. .000164 1986 IOY. .000274 1995-1998 9Y. .000247 2003 5~. .000157 --Interest is calculated as follows: TNTEREST = BALANCE OF TAX UNPATD X NUNBBlt OF DAYS DELTNQUBNT X DATL¥ TNTEREST FACTOi~ --Any Notice issued after the tax becomes delinquent will reflect an interest calculation to fifteen (15) days beyond the date of the assessment. If payment is made after the interest computation date sho~n on the Notice, additional interest must be calculated. STATUS REPORT UNDER RULE 6.12 Name of Decedent: Date of Death: Register File No. Richard D. Adams, Sr. June 7, 2003 21-03-0530 Pursuant to Rule 6.12 of the Supreme Court Orphans' Court Rules, I report the following with respect to completion of the administration of the above-captioned estate: 1. State whether administration of the estate is complete: Yes x No If the answer to #1 is No, state when the personal representative reasonably believes that the administration will be complete: 3. If the answer to #1 is Yes, state the following: Date: ao bo c° do September 22, 2003 Did the personal representative file a final account with the Court? Yes No X The separate Orphans' Court No. (if any) for the personal representative's account is: Did the personal representative state an account informally to the parties in interest? Yes X No Copies of receipts, releases, joinders and approvals of formal or information accounts may be filed with the Clerk of the Or >hans' Court and may be attached to this repc :t. Donn L Snyder, Esquire Saul Ewing LLP Post Office Box 1291 Harrisburg, PA 17108 Attorney for Estate 54463.1 9/30/03 ESTATE SETTLEMENT AGREEMENT This Agreement made this Iii/q'' day of September, 2003, by and between Donn L. Snyder, Administrator of the Estate of Richard D. Adams, Sr., and Richard D. Adams, Jr., sole beneficiary of said Estate. In accordance with the desire that the settlement and distribution of the Estate of Richard D. Adams, Sr. be resolved as expeditiously as possible and without the delay of a formal Court accounting, the undersigned, in consideration of the mutual covenants herein expressed, and of the sums received, and intending to be legally bound hereby, agree that: 1. The said Richard D. Adams, Sr. died June 7, 2003 testate. On June 30, 2003, Richard D. Adams, Jr. renounced his right to serve as Executor and on June 30, 2003, Letters of Administration were granted to Donn L. Snyder. 2. The undersigned hereby agrees that the entire estate be distributed as set forth in the Schedule of Distribution attached as Exhibit "A" and hereof made a part. Without intending to limit the rights of remedies of the personal representative, the undersigned further agrees to indemnify the personal representative and save him harmless against all liability, loss and expense (including, but not limited to, costs and counsel fee) which the personal representative may incur, whether due to the personal representative's negligence or otherwise, as a result of making the above distributions without formal court audit or other formal estate administration. 3. The undersigned hereby forever fully release, compromise, settles and discharges any and all claims, demands, actions or causes of action, legal or equitable, absolute or contingent, vested or hereafter to accrue, which they may have against any other party hereto or against the 100131 I 9/16/03 Estate of Richard D. Adams, Sr., deceased or the personal representative thereof, by reason of any matter, cause or thing growing out of or relating to any property or assets of the said Estate of Richard D. Adams, Sr., or growing out of or relating to any act of the personal representative in his individual handling of said Estate, even if attributable to negligence, and agrees that any period for the limitation of actions for the collection or any erroneous distribution or distributions shall commence only at such time as the personal representative shall have obtained actual knowledge of such erroneous distribution and that in no event shall the period of collection of any erroneous distribution be less than two years after the actual discovery thereof by the personal representative. 4. The undersigned agrees to execute such additional releases as the personal representative may submit in order to confirm his discharge from any further liability to the parties in connection with said Estate. 5. This Agreement, shall be binding upon the undersigned, their heirs, next of kin, personal representative, successors and assigns. IN WITNESS WHEREOF the undersigned has hereunto set her hand and seal the day and year first above written. RICHARD D. ADAMS, JR. Sworn/to and subseribed befg~,me this,~--~ ~ d~:6f Se~mbeD603. Nota~ ~!ic' ~ ' fi' I omca sm 1001311 9/Ib/O3 ] ~*; Notary Public - New Mexico [NOTRRY BOND FILED WITH IN WITNESS WHEREOF the undersigned has hereunto set his hand and seal the day and year first above written. ~bNN L. S~XlYDErR Administrator of the Estate of Richard D. Adams, Sr. Sworn to and subscribed before me this .? d~Y 9f SeptembeT~ /Not~ublic NOTARIAL SEAL Maronetta F. Miller, Notary Public Harrisburg, PA Dauphin County My Commission Expires Jan19, 2004 1001311 9116/03 COURT OF COMMON PLEAS OF CUMBERLAND COUNTY ORPHANS' COURT DIVISION COMMONWEALTH OF PENNSYLVANIA ESTATE OF RICHARD D. ADAMS, SR. LATE OF THE BOROUGH OF MECHANICSBURG CUMBERLAND COUNTY, PENNSYLVANIA PROPOSED SCHEDULE OF DISTRIBUTION It is recommended that the proposed distribution in equities and cash totaling $68,337.30 be approved as follows: Richard D. Adams, Jr. $68,337.30 TOTAL $68,337.30 1001311 9/16/03 IN RE: THE ESTATE OF RICHARD D. ADAMS, SR., DECEASED IN THE COURT OF COMMON PLEAS CUMBERLAND COUNTY, PENNSYLVANIA : : ORPHANS' COURT DIVISION : : FILENO. 21-03-0530 SATISFACTION AND AWARD The undersigned, hereby acknowledge that Donn L. Snyder, Administrator of the Estate of Richard D. Adams, Sr., deceased, has distributed to the undersigned cash in the amount of Sixty Eight Thousand Three Hundred Thirty Seven and 30/100 Dollars ($68,337.30) as full payment of all sums due pursuant to the Estate of Richard D. Adams, Sr., directs and authorizes the Clerk of the Orphan's Court Division to mark satisfied of record the award which may be made in his individual favor. WITNESS WHEREOF, the undersigned has caused these presents to be executed this C~_',~f~/d~y of September, 2003. Witness: RICHARD D. ADAMS, JR. Social Security No. ~ 2. l - 3 Z- e q 3 fi 1001311 9/16/03 COURT OF COMMON PLEAS OF CUMBERLAND COUNTY ORPHANS' COURT DIVISION COMMONWEALTH OF PENNSYLVANIA ESTATE OF RICHARD D. ADAMS, SR. LATE OF THE BOROUGH OF MECHANICSBURG CUMBERLAND COUNTY, PENNSYLVANIA FIRST AND FINAL ACCOUNT OF DONN L. SNYDER, ADMINISTRATOR Date of Death: June 7, 2003 Account Stated to: September 15, 2003 Estate No. 21-03-0530 Donn L. Snyder, Esquire Saul Ewing LLP Post Office Box 1291 Harrisburg, Pennsylvania 17108 717-257-7552 Attorney for Estate of Richard D. Adams, Sr. 1001311 9/I 6/03 COURT OF COMMON PLEAS OF CUMBERLAND COUNTY ORPHANS' COURT DIVISION COMMONWEALTH OF PENNSYLVANIA ESTATE OF RICHARD D. ADAMS, SR. LATE OF THE BOROUGH OF MECHANICSBURG CUMBERLAND COUNTY, PENNSYLVANIA FIRST AND FINAL ACCOUNT OF DONN L. SNYDER, ADMINISTRATOR SUMMARY AND INDEX PAGE PRINCIPAL Receipts $88,484.54 Less Disbursements $20,154.41 6 Balance Before Distribution Distribution to Beneficiaries $68,330.13 -0- TOTAL PRINCIPAL BALANCE REMAINING $68,330.13 INCOME Receipts Disbursements 7.17 -0- TOTAL INCOME BALANCE REMAINING 7.17 COMBINED BALANCE REMAINING FOR DISTRIBUTION $68,337.30 100131.1 9/16/03 COMPOSITION OF BALANCE Smith Barney Key Bank - Two Accounts $64,849.75 3~487.55 $68,337.30 1001311 9/16/03 PRINCIPAL RECEIPTS Inventory Filed Per copy of Inventory Attached $88,370.31 To which is added: New York State Retirement System $114.23 TOTAL PRINCIPAL RECEIPTS $88,484.54 100131 I 9/16/03 PRINCIPAL DISBURSEMENTS Schedule H Attached Schedule I Attached Register of Wills - Inheritance Tax Register of Wills - Filing Fee Total Disbursements $16,466.75 $611.52 $3,048.14 $28.0O $20,154.41 100131 I 9/16/03 r~EV-1511 EX + (1-97) (I) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Richard D. Adams, Sr. SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS FILE NUMBER 21-03-0530 Debts of decedent must be reported on Schedule I. ITEM NUMBER DESCRIPTION 5. 6. 7. 8. 9. FUNERAL EXPENSES: Musselman Funeral Home, Inc. ADMINISTRATIVE COSTS: Personal Representative's Commissions Name of Personal Represmtative(s) Donn L. Snyder, Esquire So, al Security Number(s) / EIN Number of Personal Representative(s) 205 - 18 - 3634 Str~Address 2 North Second Street, 7th Floor City Harrisburg State PA Year(s) Commission Paid: A~0meyFees - Saul Ewin9 LLP Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant zipl7101 Street Address City ~ate Zip RelationshipdClaimanttoDec~ ProbmeF~s - Saul Ewing LLP ~countant'sF~s T~RatumPmp~er'sF~s ?atr±ot News - Advert±se Grant oE Getters Cumberland Gaw Journal - Advertise Grant oE Getters Saul Ew±n9 GGP - Cop±es, Postage and Hisce[laneou$ Fi[in9 Fees TOTAL (Also enter on line 9, Recapitulation) AMOUNT 7,551.52 4,000.00 4,340.00 230.00 170.23 75.00 100.00 $ 16,466.75 (Ifmorespace is needed, insed additional sheets 0fthesame size) STFPA42021F.12 RFV-1512 EX + (1-97) (I) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Richard D. Adams, Sr. SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS FILE NUMBER 21-03-0530 Include unreimbursed medical expenses. ITEM NUMBER West Shore EMS DESCRIPTION TOTAL (Also enter on line 10, Recapitulation) AMOUNT 611.52 611.52 (If more space is needed, inseA additional sheets of the same size) STFPA42021F.13 PRIOR DISTRIBUTION None 100131.1 9/16/03 PROPOSED SCHEDULE OF DISTRIBUTION TO BENEFICIARIES Richard D. Adams, Jr. Key Bank Accounts Smith Barney $3,487.55 $64,849.75 Total to be Distributed $68,337.30 1001311 9/16/03 INCOME RECEIPTS Key Bank $2.72 Key Bank $4.45 $7.17 1001311 9/16/03 INCOME DISBURSEMENTS None 100131 I 9/16/03 COURT OF COMMON PLEAS OF CUMBERLAND COUNTY ORPHANS' COURT DIVISION COMMONWEALTH OF PENNSYLVANIA ESTATE OF RICHARD D. ADAMS, SR. LATE OF THE BOROUGH OF MECHANICSBURG CUMBERLAND COUNTY, PENNSYLVANIA PROPOSED SCHEDULE OF DISTRIBUTION It is recommended that the proposed distribution in equities and cash totaling $68,337.30 be approved as follows: Richard D. Adams, Jr. $68,337.30 TOTAL $68,337.30 100131.1 9/16/03 COMMONWEALTH OF PENNSYLVANIA · COUNTY OF SS Donn L. Snyder, Administrator of the Estate of Richard D. Adams, Sr., deceased, being duly sworn according to law, deposes and says that the foregoing account is true and correct to the best of his knowledge, information and belief, and that no persons claiming to be interested in said Estate as creditors, legatee, next of kin or otherwise, have given notice of their claim to the deponent, in writing or to Saul Ewing, his attorney, in writing. DdlX~q ~_. SNYDER "' ' ' Sworn to and subscribed ., before me this ", day of September, 2.003· / ~otaryPublic ' ' /'~ - NOTARIAL sEA~' Maronetta F Miller, Notary Public Harrisburg, PA Dauphin County My Commission Expires Jan19, 2004 1001311 9/16/03