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Home My WebLink About12-15-11 (2) 1505610105 REV-1500 Ex t°Z~" 'tom>'~{ PA Department of Revenue Pennsylvania OFFICIAL USE ONLY Bureau of Individual Taxes """'"`"'~`p`v`"~` County Code Year File Number INHERITANCE TAX RETURN - " PO BOx 28o6ot EDENT ~ I ~ ( C~ S-~~ RE ID T D Harrisburg, PA 1'7128-0601 S EN EC ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death MMDDYYYY pate of Birth MMDDYYYY 162-07-7373 .03/16/2011 04/27!1914 Decedent's Last Name Suffix Decedent's First Name MI ZIEGLER ~ ANNA C ~ _ (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW (Sj 1. Original Retum O 2. Supplemental Return O 3. Remainder Return (Date of Death Prior to 12-13-82} p 4. Limited Estate O 4a. Future Interest Compromise (date of O 5. Federal Estate Tax Return Required death after 12-12-82) OD 6. Decedent Died Testate O 7. Decedent Maintained a Living Trust 7 8. Total Number of Safe Deposit Boxes (Attach Copy of Will) (Attach Copy of Trust.} O 9. Litigation Proceeds Received O 10. Spousal Poverty Credit (Date of Death O 11. Election to Tax under Sec. 9113(A) Between 12-31-91 and 1-1-95) (Attach Schedule O) CORRESPONDENT - THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED T0: Name Daytime Telephone Number _. __ M&T Bank ' (717) 240-4504 ., First Line of Address Attn. Jane F. Burke, VP Second Line of Address One West High Street City or Post Office State ZIP Code Carlisle PA .17013 REGISTER OF WILC~E ONLY 5~ r f ,Ir ~ _y i-5-f ,, tY. _ _. -; t -~ '~ :-~ , DATE FILED Correspondent's a-mail address jburke@mtb.COm 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 gpmplete. Dedlaration of preparer other than the per~synal representative is based on all informa~of which preparer has any knowledge. SIGNATURE OF PREPARER OTHER THAN REPRESENTATIVE - DATE ADDRESS PLEASE USE ORIGINAL FORM ONLY Side 1 1505610105 150561D105 J -,. --*_e i'z " .i r _~ ~' y _ 15056102D5 REV-1500 EX (FI) Decedent's Social Security Number Decedent's Name: ANNA C. ZIEGLER 162-07-7373 RECAPITULATION 1. Real Estate (Schedule A) ........................ . ................. ... 1. 150,000.00 I 2. Stocks and Bonds (Schedule B) ..................................... .. 2. 1$3,054.34 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C) ... .. 3. 0.00 4. Mortgages and Notes Receivable (Schedule D) .......... . .............. .. 4, 0.00 5. Cash, Bank Deposits and Miscellaneous Personal Property (Schedule E)..... .. 5, 61,975.48 6. Jointly Owned Property (schedule F) O Separate Billing Requested ..... .. 6. 0.00 7~ sGransfers & Miscellaneous N P I r S hedu e O Se ara e Bilen Re nested...... ( ) P 9 q . , 7. 121,270.86 8. Total Gross Assets (total tines 1 through 7) ........................... . . 8. 516,300.6$ 9. Funeral Expenses and Administrative Costs (Schedule H) ............ . .... . . 9. 36,443.46 10. Debts of Decedent, Mortgage Liabilities and Liens (Schedule I) ............. .. 10. 9,301.33 11. Total Deductions (total Lines 9 and 10) ............................... .. 11. 45,744.79 12. Net Value of Estate (Line 8 minus Line 11) ............................ .. 12. 470,555.89 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made (Schedule J) ...................... .. 13. 0.00. _ ...__.__.______._._ __ 14. Net Value Subject tp Tax (Line 12 minus Line 13) ...................... . . 14. I 470,555.89 TAX CALCULATION - SSE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 ta~Cable at the spousal tax rate, or transfers under Sec. 9116 (a)(1.2) X A! 15. 0.00 16. Amount of Line 14 taxable - at lineal rate X .0 45 468,555,89 ' 16. 21,085.02 17. Amount of Line 14 taxable at sibling rate X .12 17. ' 0.00 18. Amount of Line 14 taxable 2,000.00 at collateral rate X .15 18, 300.00 19. TAX DUE ....................................................... ..19.i 21,3$5.02 ___ __ 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT O Side 2 15056102p5 1505610205 REV-1500 EX (FI) Page 3 Decedent's Complete Address: Flle Number DECEDENTS NAME Anna C. Ziegler STREETADDRESS 431 West North Street CITY .STATE ZIP Carlisle j PA 17013 Tax Payments and Credits: 1. Tax Due (Page 2, Line 19) 2. Credits/Payments A. Prior Payments 17, 500.00 B. Discount 921.05 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. (1) 21.385.02 Total Credits (A + B) (2) 18,421.05 (3) (4) (5) Make check payable to: REGISTER OF WILLS, AGENT. 0.00 PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 2,963.97 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 .............................................................................................................................. ^ d. receive the promise for life of either payments, benefds or care? ...................................................................... ^ 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" orpayable-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~M~UST COMPLETE SyC~HEDULE G AND FILE IT AS PART OF THE RETURN. Y~~_. _ 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)]. 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 Juty 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, 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 uvho has at least one parent in common with the decedent, whether by blood or adoption. REV-1502 EX+ (11-08) ur ~ Pennsylvania DEPARTMENT OF REVENUE INHERITANCE TAX (RETURN RESIDENT DECEDENT SCHEDULE A REAL ESTATE - - -------- ESTATE OF FILE NUMBER ANNA C. ZIEGLER 21 11 0507 All real property owned solely or as a tenant in common must be reported at fair market value. Fair market: value is defined as the price at which property would be exchanged between a willing buyer and a willing seller, neither being compelled to buy or sell, both having reasonable knowledge of the relevant facts. keal property that is jointly owned with right of survivorship must 6e disclosed on Schedule F. 1f more space is needed, insert additional sheets of the same size, REV-i5o3 EX+ (7-ii) . Pennsylvania DEPARTMENT OF REVENUE INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE B STOCKS & BONDS ESTATE OF FILE NUMBER ANNA C. ZIEGLER 21 11 0507 All property jointly owned with right of survivorship must be disclosed an Schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH I' $7,000 ar FNMA REMIC Trust 2005-12 31394CKC5 P ( ) 1,019.64 2 Interest due Item 1 124.82 3 $8000 par FHLMC REMIC Series 3011 (31395VXG9) 7,932.19 4 Interest due Item 3 17.50 5 4405.938 units Federated Fixed Income Sec. Strategic Income B (338319866} 40,314.33 g 10688.795 units Franklin Custodian Funds, Inc. Income Fund CI. A (353496300) 23,408.46 7 2099.455 units Loomis Sayles Fund II Inv. Growth Bond Fund (543487235) 25,571.36 . g 425 shs. HSBC Holdings PLC (404280604} 9,979.00 g 430 shs. J.P. Morgan Chase Cap XI Pfd. 5.875% (46626V207) 10,620.74 10 2869.958 units Pimco Funds Low Duration Fund C (693390387} 29,904.96 11 251.703 shs. First Energy Corp. (337932107} 9,275.26 12 288 shs. M&T Bank Corp. (55261F104) 24,684.48 13 Dividend on Item 12 201.60 TOTAL (Also enter on Line 2, Recapitulation) $ 183,054.34 If more space is needed, insert additional sheets of the same size REV-15o8 EX+ (ii-so) ~ Pennsylvania DEPARTMENT OF REVENUE INHERITANCE TAX RETWRN RESIDENT DECEDENT SCHEDt~LE E CASH, BANK DEP(3SITS & MISC. PERSONAL PROPERTY ESTATE OF: FILE NUMBER: ANNA C. ZIEGLER 21 11 0507 Include the proceeds of litigation and the date the proceeds were received by the estate. Ali property jointly awned with right of survivorship must be disclosed on Schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. Allstate, Income Payment from Contract GA0751857 1,161.12 2 M&T Bank, Chocking Acct. 572365 37,047.09 3 WFC Pension 69.44 4 Humana Insurance Co., refund 214.91 5 Wells Fargo Bank, check dated 2128111 465.68 6 Allstate, check dated 217111 1,161.12 7 Lee ProcurementSolutions Co., check dated 2124111 43.07 g State Farm, insur6nce proceeds from storm damage at 431 W. North St., Carlisle, PA 9,089.87 g State Farm, refund homeowners premium 153.27 10 Wells Fargo, cash as of DOD 8,570.53 11 Personal Property, as appraised (appraisal attached) 3,430.00 12 Wells Fargo, dividends payable to DOD 569.38 TOTAL (Also enter on Line 5, Recapitulation) $ l 61,975.48 If more space is needed, use additional sheets of paper of the same size. REV-151D EX+ (OS-09) `~~ ~ Pennsylvania DEPARTMENT OF REVENUE INHERITANCE TAX' RETURN RESIDENT DECED&NT SCHEDULE G INTER-VIVOS TRANSFERS AND MISC. NON-PROBATE PROPERTY ESTATE OF FILE NUMBER ANNA C. ZIEGLER 21 11 0507 Tnlc crnedule must be completed and filed if the answer to any of questions 1 through 4 on page three of the REV-1500 is yes. ITEM NUMBER DESCRIPTION OF PROPERTY INCLUDE THE NAME OF THE TRANSFEREE, THEIR RELAT]ONSHIP TO DECEDENT AND THE DATE OF TRANSFER. ATTACH A COPY OF THE DEED FOR REAL ESTATE. DATE OF DEATH VALUE OF ASSET % OF DECD'S INTEREST EXCLUSION (IF APPLICABLE) TAXABLE VALUE 1. Allstate Life Insurance Co. Annuity issued January 24, 2001 121,270.86 100 121,270.86 Beneficiaries in Equal Shares: David Ziegler, Son; Carole Rish, Daughter and Jack W. Ziegler, Son TOTAL (Also enter on Line 7, Recapitulation) $ I 121,270.86 If more space is needed, use additional sheets of paper of the same size. REV-1511 EX+ (10-09} r Pennsylvania DEPARTMENT OF REVENUE INHERITANCE TA% RETURN SCHEDULE H FUNERAL EXPENSES AND ADMINISTRATIVE COSTS ESTATE OF FILE NUMBER ANNA G. ZIEGLER _ 21 11 0507 Decedent's debts must be reported on Schedule I. ITEM DUMBER DESCRIPTION A, FUNERAL EXPANSES: I. Auer Cremation Services 2 Bethany Guild, funeral luncheon 3 William Hemrtringer, organist a Rev. Timothy W. Sadler, funeral service 5 Rev. Dr. Robert Seibold, funeral service s Patti Schuettler, funeral service ~ Darlene Ziegler, reimburse for funeral expenses g. ADMINI5TRATIVE COSTS: I. Personal Representative Commissions: Name(s) of Personal Representative(s) M&T Bank_ EIN: _16-0538020 __._________ Street Address One West High Street __ Ciry Carlisle state PA zIP 17013 Year(s) Commission Paid: 2012 Co~Executor: Jack eg er, - - 1132 Centerville Road, Newville, PA 17241 z. Attorney Fees: Saidis, Sullivan & Rogers 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: 5. Accountant Fees: 6. Tax Return Preparer Fees: 7• Register of Wills, Short Certificates s Cumberland Law Jaumal, advertising Letters Testamentary s The Sentinel, advertising Letters Testamentary ao Diversified Appraisal Services, real estate appraisal 1 ~ Linden Hall Antiques~e appraisal of personal properq+ ~ 2 Reserve for Filing and Closing Costs rnTer ~elcn antpr nn I ine 4. Recaoitulationl I S 1,146.99 350.00 125.00 125.00 125.00 75.00 120.57 15,826.00 7,913.QO 7,913.00 492.50 40.00 75.00 221.40 300.00 95.00 1,500.00 36,443.46 If more space is needed, use additional sheets of paper of the same size. REV-1512 EX+ {12-08) ~ s SCHEDULE I ~ ` pennsylvania DEPARTMENT OR REVENUE INHERITANCE TA}( RETURN RESIDENT DECEgENT DEBTS OF DECEDENT, MORTGAGE LIABILITIES & LIENS - ESTATE OF FILE NUMBER ANNA C. ZIEGLER 21 11 0507 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• PA Dept. of Revenue, 2010 PA 40 tax due 14.00 2 U.S. Treasury, '010 Form 1040 tax due 363.00 3 Borough of Carlisle, water & sewer service 211.74 4 Moffitt Heart & ~Xascular Group, balance due 35.00 5 Ultrasound Services, balance due 50.03 6 Carlisle Regional Medical Center, balance due 887.35 7 Carlisle Borough'Tax Account, Borough ~ County real estate taxes 431 W. North St. property 667.63 8 Carlisle Borough $ax Account, Borough & County personal taxes 4,90 9 Century Link, service 100.55 10 St. Jude, check presented for payment after DdD M&T Checking Acct. 572365 19.00 11 PPL, check presenked for payment after DOD M&T Checking Acct. 572365 133.94 12 Smith Elliott Kearns & Co. LLC, preparation of 2010 Individual Income Tax Returns 295.00 13 SES Insurance Brokerage Service, Inc., insurance premium 431 W. North St. property 917.00 14 Church of God Homy, Inc., balance due 1,302.26 15 Carlisle Borough Talk Account, School real estate taxes 431 W. North 5t. property 1,477.99 16 Jack W. Ziegler, reirrtburse for supplies used at 431 W. North St. property 51.98 17 Jack W. Ziegler, lawn'. care 4/9!11 to 10/5!11 510.00 18 PPL, service 250.56 19 Social Security, claim for February and March 2,009.40 TOTAL (Also enter on Line 10, Recapitulation) I $ 9,301.33 If more space is needed, insert additional sheets of the same size. REV-1513 EX+ (01-10) ~ Pennsylvania DEPARTMENT OR REVENUE INHERrrANCE TA@( RETURN - RESIDENT DECE~ENT SCHEDULE ] BENEFICIARIES ESTATE OF: FILE NUMBER: ANNA C. ZIEGLER 21 11 0507 RELATIONSHIP' TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSONS} RECENING PROPERTY Do Not List Trustee(s) OF ESTATE I TAXABLE DISTRIBUTIONS [Include outright spousal distributions and transfers under Sec. 4116 (a} (1.2},] 1• Jack W. Ziegler', 1132 Centerville Road, Nevwille, PA 17241-9554 Son 113 of Residue less $2810PersonalProp. 2 3 4 5 6 7 8 II David F. Ziegler, 1808 Lima Lane, Fort Wayne, tN 46818-2132 Son 113 of Residue less $620 PersonalProp. Carole L. Rish, 91/2 East Kirmar Avenue, Nanticoke, PA 18634-3607 Daughter 1/3 of Residue Kristin D. Ziegler„2527 River Oaks Dr„ Columbus, OH 43228-9170 Granddaughter $1,000.00 Zachary J. Ziegler, 8 Pine Road, Walnut Bottom, PA 17266-9634 Grandson $1,000.00 Lisa J. Moyer, 49 ~tailroad Street Rear, Glen Lyon, PA 18617 Granddaughter $1,000.00 David Moyer, 9 1/2' East Kirmar Avenue, Nanticoke, PA 18634-3607 Grandson $1,000.00 Kimberly A. Czapracki, 55 N. Market St. Rear, Glen Lyon, PA 18617-1011. Granddaughter $1,000.00 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18 OF REV-1500 COVER SHEET, AS APPROPRIATE, 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. ~ If more space is needed, use additional sheets of paper of the same size. REV-1513 EX+ (O1-10) ~ pennsy~lvania DEPARTMENT OF REVENUE INHERITANCE TAX RETURN RESIDENT DECE~ENT SCHEDULE BENEFICIARIES ESTATE OF: FILE NUMBER: ANNA C. ZIEGLER 21 11 0507 RELATIONSHIP' TO DECEDENT AMOUNT OR SHARE NUMBER NA E 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. Betty Smith, 411 Deer Path Road, Harrisburg, PA 17110 Friend $2,000.00 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18 OF REV-1500 COVER SHEET, AS APPROPRIATE. II NON-TAXABLE DISTRIBUTIONS A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN: 1. B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS: L TOTAL OF PART II - ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET, I $ If more space is needed, use additional sheets of paper of the same size. APPRAISAL REPORT 431 WEST NORTH STREET CARLISLE, PENNSYLVANIA PREPARED FOR THE ESTATE OF ANNA C. ZIEGLER. BY LARRY E. FOOTE DNERSIFIED APPRAISAL SERVICES 35 EAST HIGH STREET, SUITE 101 CARLISLE, PENNSYLVANIA 17013-3052 (717) 249-2758 SUMMARY OF IMPORTANT FACTS AND CONCLUSIONS LOCATION: 431 West North Street Carlisle, Pennsylvania TAX PARCEL NUMBER: OS-20-1796-039 IMPROVEMEI'1JTS: Two-story detached single-family dwelling. PROPERTY R$GHTS: -Fee simple interest. OWNERSHIP ~'IISTORY: The subject property is owned by Anna C. Ziegler. The property last transferred on February 6, 1963 for a reported consideration of $1.00 and ownership conveyed on deed reference 20-V-706. SCOPE OF THE ASSIGNMENT: The scope of the assignment included an analysis of the subject's area, an inspection of the subject property, an estimation of the property's highest and best use, consideration of all three approaches to value, and the application of those relevant to the valuation of the subject. OBJECTIVE: EFFECTIVE DATE: HIGHEST AND $EST USE: COST APPROACH-I: SALES APPROACH: INCOME APPROACH: To estimate the mazket value of the subject property as unencumbered. Mazch 16, 2011. Continued use as asingle-family residence. N.A. $150,000 N.A. FINAL VALUE CIJNCLUSION: $150,000 2 THE VALUATION PROCESS The va4luation process is defined in The Appraisal of Real Estate as published by the Appraisal Institute, as "a systematic set of procedures an appraiser follows to provide answers to a client's ghestions about real property value." It cons~sts of a series of steps that are appropriate to a specific and particular appraisal assignment that begins with a client engaging a real estate appraiser to develop an opinion of value for a spe~ific properly as of a given effective date and ends when the appraiser commumcates ~nd reports the final conclusions and opinions to the client. Definition of the Appraisal Problem: The fi step in the appraisal process includes the presentation of the following: 1. Identif~ation of the client, the intended use, and the intended users of the a raisal pP report. 2. The pur~rose of the appraisal, including a definition of the value being reported. 3. Determi~hation of the effective date of the appraisal report. 4. Extraordinary assumptions that are applicable to the appraisal assignment. 5. Hypothetical conditions that are applicable to the appraisal assignment. Scope of Work: Scope of 'wvork is defined in the Uniform Standards of Professional Practice as being "the type and extent of research and analyses in an assignment." This includes the degree and extent of research and the data that is deemed as necessary to develop a credible opinion of value for the property being appraised. Data Collection >,nd Analysis: The appraiser must gather and analyze market area data, subject property data, and comparable propef ty data that is relative and relevant to the appraisal assignment. Development and Application of Traditional Approaches to Value: The appraiser must consider which of the three traditional approaches to value are applicable, releva~,t, and necessary for developing a credible opinion of value for the subject property. These th'~ee traditional approaches to value include the Cost Approach, Sales Comparison App ach, and Income Capitalization Approach. When two or more of these approaches to val~ are developed, the appraiser must determine the amount of emphasis and consideration to belgiven to each of those approaches to value, since one or more may have greater significancy in the appraisal of a specific property: Reconciliation of ~alne Indications and Final Opinion of Value: The final st'~p in the valuation process is the reconciliation of the value indications developed by the a raiser. Reconciliation is the analysis of alternative conclusions to arrive at a final value estim te. Reconciliation is required because different value indications result from the use of mu tiple approaches to value and within the application of a single approach. The final value a timate is not derived simply by applying technical and quantitative procedures, rather, it involves the exercise of judgment, and the value conclusion reached must be consistent ~uvith market thinking. 4 APPRAISAL CERTIFICATION I hereby certify that upon application for valuation by: THE ESTATE OF ANNA C. ZIEGLER the undersigned personally inspected the following described property: All than, certain piece or parcel of land, with the improvements thereon erected, situate in the Borough of Carlisle, Cumberland County, Pennsylvania, bounded and described as follows: Beginti~g at a point on the Northern line of West North Street, being the Southwest corner of lot of and of Eva M. Ostot; thence North along the Western line of lot of said Eva M. Otstot 120.4feet to a point on a 20 foot wide alley; thence West along the Southern line of said alley 50 fee to a point 5 feet East of the Western line of Lot No. 9 in the Revised Plan of Lots recorded in Cumberland County Plan Book No. 3 at Page 1; thence Sauth on a line parallel to the W stern line of the Otstot property 120.42 feet to the Northern line of West North Street; the ce East along said Northern line of West North Street 50 feet to the place of beginning. To the befit of my knowledge and belief the statements contained in this report are true and correct, and ghat neither the employment to make this appraisal nor the compensation is contingent upon tie value reported, and that in my opinion the Market Value as of March 16, 2011 is: ONE HUNDRED FIFTY THOUSAND DOLLARS $150,000 The properly was appraised as a whole, subject to the contingent and limiting conditions outlined herein L .Foote Pa. Certified General Appraiser GA-000014-L 5 INTENDED USE OF THE APPRAISAL The intended use of this appraisal is to estimate the Market Value of the subject property as oil March 16, 2011. Marked Value is defined as the most probable price which a property should bring in a competitive aid open market under all conditions requisite to a fair sale, the buyer and seller, each acting rudently, knowledgeably and assuming the price is not affected by undue stimulus. Lnp icit in this definition is the consummation of a sale as of a specified date and the passing of title, from seller to buyer under conditions whereby: a. Buyer and seller are typically motivated. b. Both parties are well informed or well advised, and each acting in what he cpnsiders his own best interest. c. A reasonable time is allowed for exposure in the open market. d. Payment is made in terms of cash in U.S. dollazs or in terms of financial arrangements comparable thereto. e. The 'rice represents the normal consideration for the property sold unated by special or creative financing or sales concessions granted by anjyone associated with the sale. Source: Office o'f the Comptroller of the Currency, 12 CFI §34.42(f). HIGHEST AND BEST USE Highest au~d Best Use is defined by the Appraisal Terminology and Handbook, published by the t~-ppraisal Institute, as "the most profitable likely use to which a property can be put". The opin~on of such use may be based on the highest and most profitable continuous use to which the property is adapted and needed, or likely to be in demand, in the reasonable near future. However, dements affecting value that depend upon events or a combination of occurrences which, I while within the realm of possibility, aze not fairly shown to be reasonably probable, should bel excluded from consideration. Also, if the intended use is dependent on an uncertain act of another person, the intention cannot be considered. Based on th~ above definition and after seeing the site, neighborhood, and area, it is my opinion that the pressjent use of the subject is its Highest and Best Use. 6 SITE DATA ADDRESS: 431 West North Street BOROUGH: Cazlisle COUNTY: Cumberland STATE: Pennsylvania LOT SIZE: 50' x 120.42' (.14 acre) SEWERS: Public utility. WATER: Public utility. ELECTRICITY; PP&L LANDSCAPING: Typical for the area, with a sodded lawn, trees and shrubs. DETRIMENTAL INFLUENCES Nune. Prfde of ownership is evident throughout the neighborhood. DESCRIPTION OF IMPROVEMENTS GENERAL DESCRIPTION: Two-story detached single-family dwelling containing approxi- mately 1,196 squalre feet of gross living azea above grade, with an attached one-car garage. CONDITION: Exterior: Average Interior: Good ROOMS: First Floor: Living room, kitchen and dining room. Second Floor: Three bedrooms and a full bathroom. Basement: Full, with concrete floor. EXTERIOR: Foundation: Concrete block. Walls: Aluminum siding. Sash: ~ Wood-framed, single-glazed. ~, Gutters: Aluminum, painted. Roof Gable, with shingles. Storm units: Combination storm and screen units. 7 INTERIOR, 'PRINCIPAL ROOMS: Flooring: Hazdwood and carpet. Walls: Plaster Ceilings: Plaster . Trim: Wood, painted. KITCHEN: Cabinets: Wood, painted. Counters: Laminate Walls: Plaster, painted. Flooring: Carpet Sink: Double-bowl, stainless steel. BATHROOM:', Flooring: Ceramic the blocks. Walls: Ceramic the blocks and painted plaster. Bathtub: Built-in, with shower. Lavatory: Wall-mounted. Water closet: Two-piece. Medicine cabinet: Built-in. CONSTRUCTION: Joists: Wood Beams: Wood Columns: Steel Plumbing: Copper and iron. HEATING: Electric, het water. COOLING: Wall-mounted air conditioner in the living room. HOT WATER: Electric, 50-gallon. ELECTRIC: Circuit breaker system, 200-ampere. OTHER: Attached to the front of the dwelling is a covered concrete porch, and attached to the reat~ of the dwelling is a covered concrete porch and a concrete patio. GENERAL CON~ITION: All improvements aze considered to be in good condition on the interior and in av rage condition on the exterior, with mechanical systems appearing to be adequate and functioning properly. THE APPRAISAL PROCESS Three approaches to value aze generally included in an appraisal report. These techniques include the cost approach, sales comparison approach, and income approach to value. The c st approach to value is based on the assumption that the reproduction cost of a building plus 1 d value, tends to set the upper limit to value. A key assumption is that a newly constructed b 'lding would have advantages over the existing t~uilding, therefore an evaluation focuses upon isadvantages or deficiencies {depreciation) of the existing building compared to anew facility.', Due to the age of the subject improvements, the cost approach is considered to be inappropriate and has, therefore, not been included in the development of this appraisal report. The sal ' comparison approach to value assumes that under normal conditions, a given number of part~es acting intelligently and voluntarily, tend to set a pattern from which value can be estimated. Application of this approach relies on a comparison of the subject with a sufficient number of recent transactions of comparable properties in the market, based on a common unit, such as price per square foot of building azea. The inc of a property. justified in ass net income is with that of a utilized as incc to be inapprop report. approach concerns itself with present worth of the future potential benefits initial estimate involves the net income, which a fully informed person is :g the property will prodLCe during its remaining useful life, This estimated capitalized into a value estimate, based upon the level of risk as compared ilaz type and class. Since homes similar to the subject are not typically producing investment properties, the income approach to value is considered and has, therefore, not been included in the development of this appraisal 9 SALES COMPARISON APPROACH In arrilving at this conclusion of the value of the subject praperty, the appraiser made a survey of pro~}erties that have sold in the area of the subject property. Corsi eration was given and adjustments were made on each comparable sale as to time of sale, ize, location, as well as all other factors that might affect .value. A resume of some of the es considered by the appraiser is as follows: SALE NO. 1:, Location: 435 West North Street, Cazlisle. Date of~Sale: July 22, 2008. Sale Pri~Ce: $168,000 Size: 1,328 square feet. Unit Prue: $126.51 per square foot. SALE NO. 2: Location: Date of ale: Sale Price: Size: Unit Prig: 628 West Louther Street, Carlisle. March 16, 2010. $160,000 1,250 square feet. $128.00 per square foot. SALE NO. 3: Location: ~ 910 West Louther Street, Carlisle. Date of Sale: July 6, 2010. Sale Priced $152,000 Size: ', 1,209 square feet. Unit Pricet $125.72 per square foot. The app ser, in addition to the sales listed, also considered several additional sales in arriving at his find opinion of value. On the Sales Comparison Analysis form that follows this page are dollar 'ustments reflecting market reaction to those items of sigmficant variation between the subj ct and comparable properties. If a significant item in the comparable property is superi r to, or more favorable than, the subject property, a minus (-) adjustment is made, thus reduci the indicated value of the subject; if a significant item in the comparable is inferior to, or less favorable than, the subject property, a plus (+) adjustment is made, thus increasing the indi ated value of the subject. ARer maki gall of the necessary adjustments, it is the appraiser's considered opinion that the indicated v~lue of the subject property by the Sales Comparison Approach is $150,000. i ~~ 10 ~_ - SALES COMPARISON ANALYSIS ITEM SUB CT COMPARABLE #1 COMPARABLE #2 COMPARABLE #3 Address 431 West orth St. Carlisle 435 West North Street Carlisle 628 West Loather Street Carlisle 910 West Loather Street Carlisle Proximity to Subject Sale Price Price / Sq. Ft. GLA N.A. N.A. Ntxt door 5168.000 $126.51 Thtee blocks 5160,000 $128.00 Six blocks $152,000 $125.72 Data Source AD)I1S7IV1EM'S Inspection ' DESC ON Courdtouse & Ceatnil Penn MLS DESCRIP'ITON S Adjust. Courthouse & Central Peon 14IIS DESCRIP'i70N $ Adjust. Courthouse & Central Perm IMII.S DESCR>PT10N $ Adjust. Saks or Financing Coeoessions None 54,800 buyer's cl. costs pd. by seller -4,800 None Date: of Bak J Time As of3-16-11 T 22-08 -5,000 3-16-10 7-6-10 Location Average Similar Simihv .Similar Site J Yiew .14 acre .14 acre .11 acne .46 acre -3,000 Design and Appeal Two-story Similar Similar Similar Construction Aluminum si iag Wood & aluminum Vinyl siding Vinyl siding Age 71 years 70 years 76 years 76 years Condition Avera®e to Superior -8,400 Superior -8,000 Similar Above Grade Room Cormt Tot. Bed. Bath Tot. Bed. Bath Tot. Bed. Bath Tot. Bed. Bath 6 3 1 6 3 1% -2,000 6 3 l h =2,000 6 2 1 Gross Livirrg Area 1,196 square 1,328 square feet -4,000 1,250 square fees -1,600 1,209 square feat Bavemeset &Fiaished Rooms Below Grmk Full basement Similar Similar Similar Femcxioeat U ' ' A Similar Similar Similar !Coolie Hot wtrJWall C. Oil-fired hot water +500 Oil-fired hot weer +500 Oil-Bred hot our +500 ! C Oaeaar Ono-car None +5 000 Heated 2-car -10,000 Porches, Patios etc. Two Wood dock, storage boil ' +500 Porch, stamped cares Patio +500 Porch +1,000 Special Energy Efficicet Items Typical for the Similar Similar Similar F' s None None Fi lace -1,000 Fi lace -1,000 Other (e.g. kitchen equip.; rdnodelieg) Net ~~• total Indicated Yalue of Built-ins. Siarilar -I8 400 149,600 Similar -11,400 148 600 Similar -1 500 139,500 FINAL Il~iDICATED VALUE OF SUBJECT PROPERTY: $150,000 11 CORRELATION Correl tion may be defined as "the bringing together of parts in a proper relationship." The parts of this appraisal report are the following approaches to value your appraiser used: ,IValue Indicated by Cost Approach N.A. ,Value Indicated by Sales Comparison Approach $150,000 !Value Indicated by Income Approach N.A. These proaches are representative of the market value of the subject property. I have carefully reex 'ned each step in each method, and I believe the conclusions accurately reflect the attitude of ical purchasers of this type property in this neighborhood. It is my belief that this reexamina on has confirmed the original conclusions. The Cot Approach will result in an excellent estimate if all elements are figured accurately, beca a no prudent person will pay more for a property than the cost to produce a substitute prop with equal desirability and utility. Purchasers of the type of dwelling typical of the s bject property aze more concerned with amenities than with hypothetical replacement oft a property. Due to the age of the subject improvements, the Cost Approach is considered to be ~~nappropriate and has not been included in this appraisal report. The Sale Comparison Approach was based on several recent sales of properties similar to that of the su ject, all of which are located in the same general area. The adjusted sales prices are most onsistent under comparison. This approach is the most reliable because it reflects the reactions of typical buyers and sellers in the market. The Incorde Approach is most applicable to income producing properties or properties that are primarily utilized for income producing purposes. Purchasers of income producing properties aze wil ing to pay no more for a particular property than the net operating income will support. Sin the majority of properties similar to the subject are not utilized for income producing purpose ,this approach to value has not been included in this appraisal report. Therefore, ~ a result of this appraisal and analysis, it is this appraiser's considered judgment and opinion that the Market Value of the subject property, as of March 16, 2011, is: ONE HUNDRED FIFTY THOUSAND DOLLARS $150,000 12 UNDERLYING ASSUMPTIONS AND LIMITING CONDITIONS SUBJECT TO THIS APPRAISAL 1. I assume no responsibility for matters legal in nature, nor do I render any opinion as to the tine, which is assumed to be marketable. The property is appraised as though under responsible ownership. 2. The legal description used herein is correct. 3. I have made no survey of the property, and the boundaries are taken from records believedd to be reliable. 4. I ass a that there are no hidden or unapparent conditions of the property, subsoil or struces which would render it more or less valuable. I assume no responsibility for such conditions or for engmeenng which might be required to diswver such factors. S. The infcbnmation, estimates, and opinions furnished to me and contained in this report, were o>~;tained from sources considered reliable and believed to be true and correct. However, no responsibility for accuracy can be assumed by me. 6. This rep',ort is to be used in its entirety and only for the purpose for which it was rendered', 7. Neither ajll nor any part of the contents of this report (especially any conclusions as to value, the identity of the appraiser or the firm with which he is connected) shall be reproduced, published, or disseminated to the public through advertising media, public relations media, news media, sales media, or any other public means of communication, without the prior written consent and approval of the appraiser. $. This appn~isal was prepared under the extraordinary assumption that any easements or rights of ~jvay of record have no adverse impact upon the highest and best use or value herein reported. A title search was not requested nor included :in the scope of work for this assignknent. 9. This appnsal was prepared for the exclusive use of the client identified in this appraisal report. a information and opinions contained in this appraisal set faith the appraiser's) best judgment in light of the information available at the time of the preparation of this report. Any use of this appraisal by any other person or entity, or any reliance or decisions based on this appraisal are the sole responsibility and at the sole risk f the third party. The appraiser accepts no responsibility for damages suffered by any third party as a result of reliance on or decisions made or actions taken based on s report. 13 CERTIFICATE OF APPRAISAL Your appraiser hereby certifies that: 1. The statements of fact contained in this report are true and correct. 2. The r ported analyses, opinions, and conclusions are limited only by the reported assum tions and limiting conditions, and are my personal, impartial, and unbiased profes Tonal analyses, opinions, and conclusions. 3. I have ~no present of prospective interest in the property that is the subject of this report, and no (personal interest with respect to the parties involved. 4. I have jno bias with respect to the property that is the subject of this report or to the parties ~nvolved with this assignment. 5. My en agement in this assignment was not contingent upon developing or reporting redete~i mined results. P 6. My co pensation for completing this assignment is not contingent upon the develop ent or reporting of a predetermined value or direction in value that favors the cause of the client, the amount of the value opinion, the attainment of a stipulated result, or the occurrence of a subsequent event directly related to the intended use of this '7. To the hest of my knowledge and belief, the statements of fact contained in this appraisal I report, upon which the analyses, opinions, and conclusions expressed herein are based are true and correct. $. This appr~isal report sets forth all of the limiting conditions (imposed by the terms of my assignment or by the undersigned) affecting the analyses, opinions, and conclusions contained in this report. 9u This appraisal report has been made in conformity with the Uniform Standards of Professional Appraisal Practice adopted by the Appraisal- Standards Board of the Appraisal ~`oundation, and is subject to the requirements of the Code of Professional Ethics andl Standards of Professional Conduct of the National .Association of Realtors Appraisal ction. 14 10. No o}~e other than the undersigned prepared the analyses, conclusions, and opinions concerning real estate that are set forth in this appraisal report. . Foote Pa. Certified General Appraiser GA-400014-L 15 PRIVACY NOTICE Pursuant to the Gramm-Leach-Billey Act of 1999, effective July 1, 2001, appraisers, along with all providers of personal financial services are now required by federal law to inform their c Tents of the policies of the firm with regard to the privacy of client nonpublic personal info ation. As professionals, we understand that your privacy is very important to you and are pl ased to provide you with this information. In the nurse of performing appraisals, we may collect what is known as "nonpublic personal infor~iation" about you. This information is used to facilitate the services that we provide to you~and may include the information provided to us by you directly or received by us from others th your authorization. We do of disclose any nonpublic personal information obtained in the course of our engagement wi our clients to nonaffiliated third parties, except as necessary or as required by law. By way o example, a necessary disclosure would be to our independent contractors, and in certain situat ons, to unrelated third party consultants who need to know that information to assist us in pro 'ding appraisal services to you. All of our independent contractors and any third party cons ltants we engage are informed that any information they see as part of an appraisal assi ent is to be maintained in strict co~dence within the firm. A disclosure required by law ould be a disclosure by us that is ordered by a court of competent jurisdiction with regazd to a egal action to which you are a party. We will retain records relating to professional services that we have provided to you for a reasonable tim~ so that we are better able to assist you with your needs. In order to protect your nonpublic rsonal information from unauthorized access by third parties, we maintain physical, electro 'c and procedural safeguards that comply with our professional standards to insure the securi and integrity of your information. LARRY E. FOOTS REAL ESTATE APPRAISER 1979-Present: Chief Appraiser, Diversified Appraisal Services, Carlisle, Pa. Principal Broker, LaRue Development Company, Carlisle, Pa. 1976-1 79: Associate Broker, Colonial Realty, Carlisle, Pa. 1972-1 76: Realtor Associate, Jack Gaughen Realtor, Carlisle, Pa. Appraisal expe "ence included undeveloped land, farms, building lots, single-family dwellings, mobile home parks, m ical centers, nursing homes, motels, apartment buildings and complexes, office buildings, servi a stations, veterinary clinics, rehabilitation centers, retail buildings, daycare centers, warehouses, an manufacturing facilities. EDUCATION: Bachelo of Business Administration, Pennsylvania State University, 1976. Associa Bachelor of Business Administration, Harrisburg Area Community ollege, 1974. Diplom Carlisle Senior High School, 1965. Certifies e, Pennsylvania Realtors Institute, GRI I, GRI II, GRI III. Certifies e, Realtors National Marketing Institute, CI 101, CI 102, C:I 103, CI 104, I 105. Standard of Professional Practice, American Institute of Real Estate Appraisers. Real Esta a Appraisal Principles, American Institute of Real Estate Appraisers. Residenti 1 Valuation, American Institute of Real Estate Appraisers. Appraisal Procedures, Appraisal Institute. Principles of Income Property Appraising, Appraisal Institute. Case Stud'es in Real Estate Valuation, Appraisal institute. Report W~iting and Valuation Analysis, Appraisal Institute. :SSION LICENSES: General A praiser #GA-000014-L, Commonwealth of Pennsylvania. Real Estat ,Broker #RB-029724-A, Commonwealth of Pennsylvania. ;SSION DESIGNATIONS EARNED: GRI: G duate of the Pennsylvania Realtors Institute, awarded by the Pennsyl- v is Association of Realtors. CRS: Ce ified Residential Specialist, awarded by the Realtors National Market- ing Institute of the National Association of Realtors. CC11VI: Ce ified Commercial Investment Member, awarded by the Realtors Nat onal Marketing Institute of the National Association of Realtors. PROFESSIONAL National A: Greater Haf National Realtors )RGANIZATION AFFILIATIONS: xiation of Realtors Appraisal Section. sburg Association of Realtors. Association of Realtors. ~ciation of Realtors. anal Marketing Institute. 17 PAST of Carlisle Financial Mortgage me Federal Credit Union ania State Bank :e Bank Cum land-Perry Association for Retarded Citizens Carlisl Suburban Authority Mem rs 1~ Federal Credit Union Pennsy vania National Bank Evans financial Corporation Greena alt & Company, CPA Smith's Transfer Corporation Carlisle Department of Parks and Recreation Executi a Relocation Services Carlisle rea School District Messiah Homes, Incorporated ERA Ea~tern Regional Services Pennsyly is Turnpike Commission Chase H me Mortgage Corporation Defense ctivities Federal Credit Union Pennsyly is State Employees Credit Union PNC Mo gage Corporation F&M Tru t Company National ity Mortgage Corporation Washingt n Mutual Home Loans, Inc. Prudential Relocation Services Lender's hoice Market Int lligence, Incorporated United Tel phone Employees Federal Credit Union Cumberlan County Commissioners Allstate En erprises Mortgage Corporation Dickinson ollege PPG Indus ies, Incorporated Gettysburg ollege Redevelop ent Authority of Cumberland County Record Da Appraisal Services, Incorporated First United Federal Savings Assxiation Fulton Bank United State Marshall Service GMAC Mo gage Corporaticn Orrstown B Letterkenny ederal Credit Union BancPlus M rtgage Corporation Coldwell B ker Relocation Services, Incorporated Central Penn lvania Savings Bank Mellon Bank Frovident Ho a Mortgage Corporation Drovers Bank 18 American Home Bank Trans Union MBcT Mortgage Corporation Cody Financial Mortgage Services Waypoint Bank Northwest Savings Bank Blue Bail National Bank Adams County National Bank Countrywide Home Loans Aarrow Mortgage Various law firms and individuals 20 COMPARABLE SALE NO. 2 i 1 ~ ~aj ~t ~ ft 0~ G~i Atk ~+ 4 .- 17 ~ 3rd fit G~''f, s G t ~ ro ~ m s~ ~' ~L 62 (~!} t 211(4 '$ t ti~ ry({1Y tk1 ~Jt ~ ono ^x ~ ~ x ~ ~ ~ a ~ r ~ i ,~ ~ ~ !' _ 11 ~ .~ ~ 11 ~ ~ ~ ~ ~ es t7 e~r~dr~ Aye :h cn 7 ~6S C1. Y R C maPgvest urn KV8 5th h::e t ~ Ava ~ `c,-~ k3 ~t ~ { ~ Sad A+ta? ¢ ~ A St x _ ~ ~ ~ ~ ~ ~ x ~ } to O d tJ :G u':. ~ ~.rn~xstn St Z pRetnariat Sub3ect a w4 (: rEC.12r1htt 'Hkt? Y1 ~ ~f:U:st e44~2 ` ~ LOCL 4Pt lrutkter ~t 11 ~ z itV Hrgh ^3t -^ '-N Htgh St Cgrlisi 11 gQ1~ tk kit ~'htat~h Aafl tsar 4V iramtrek :^'1 cL. u+ 'ld;~ttctpet Ave E CIu9Fsek t r~;,~ktn~f~f~.~4N 4k',''3csuth St ScsTaai t~ A,VtEQ ~ZQii MaP~uest tartiami ®2 4af8k40ri'1 ~t t~ ROPER'ty LOC~,TI4N ~'p 5.U-B~~ P 21 Estate Valuation - Anna C. Ziegler ESTATE Date of Death: 03!1612011 Estate of: ANNA C ZIEGLER ESTATE Valuation Date: 03/16/2011 Ac count: 1041955 Processing Date: 0512472011 Report Type: Date of Death Number of Securities: 10 File :ID: ZieglerA EST JBurke Mayll 1041955 Shares Secu*ity Mean and/or Div and Int Security or Par Desctiption High/Ask Low/Bid Adjustments Accruals Value 2) 7000 FNMA''REMIC TRUST 2005-12 (31394CKC5) Fin ial Times Interactive Data Mat: 3/25/2035 5.000$ Fact: 0.14553756 03/16 2011 100.08565 Mkt 100.085850 1,019.64 int: 3/0112011 to 03/16/2011 2.12 Int: 2/01/2011 to 02/28/2011, payable 03!25/2011 4.74 ~ Prin: 02101/2011 to 02/2812011, payable 03/25!2011 117,96 3) 8000 FHLMC REMIC SERIES 3011 (31395VXG9) Financial Times Interactive Data Mat: 0 /15/2035 5.250$ Fact: 1 03/161 011 99.15239 Mkt 9:3.152390 7,932.19 Int: 0$101/2011 to 03116/2011 17,50 4) 4405.938 FEDERA'!~'ED FIXED INCOME SECS (338319866; SINBX) STRATG ~INCM B Mutual (Fund (as quoted by NASDAQ) 03!16!21011 9.15000 Mkt 9.150000 40,314.33 S) 10688.795 FRANKLI~ CUSTODIAN FDS INC (353496300; FKINX) INCOME D CL A Mutual and (as quoted by NASDAQ) 03/16/211 2.19000 Mkt 2.190000 23,408.46 6) 20'99.455 LOOMIS S YLES FDS II (543487235; LGHCX) INV GR FD C Mutual F d (as quoted by NASDAQ} 03/16/20 1 12.18000 Mkt 12.:L80000 25,571.36 71 425 HSBC HLDC~S PLC (404280604) ADR A 1/ OPF A New York Stock Exchange 03/1612011 23.70000 23.26000 H/L 23.480000 9,979.00 8) 430 J P MORGA CHASE CAP XI (46626V207) PFD K 5.8 5$ New York tock Exchange 03/16/2017 24.77880 24.62000 H/L 24.699400 10,~V;'].~ 91 2869.958 PIMCO FDS SPA( INVT MGMT SER (693390387; PTLCX) LOW DURA C C Mutual Fun (as quoted by NASDAQ) 03/16/2011', 10.42000 Mkt 10.420000 29,909.96 101 251.703 FIRSTENERG7~ CORP (337932107) COM !Jew York Stock Exchange 03/16/2011 ', 37.37000 36.33000 H/L 35.850000 4,275.26 - 11) 1188 M & T BK CO{cP ( 55261F104 ) COM New York Suck Exchange 03/16/2011 'I 86.73000 84.69000 H!L 85.710000 24,664.48 - Div: 0.7 Ex:'. 02!24/2011 Rec: 02/28/2011 Pay: 03/31/ 2011 201.60 Total Value: 1 ~ 5182,828.38 Total Accrual; I $225.96 Total: $183,054.34 ~ i Page 1 This report was produced with stateVal, a product of Estate Valuati ons & Pricing Systems, T.nc. if you have questions, please cont~ct EVP Systems at (818) 313-6300 or www.evpsys.com. (Revision 7.1.11 i I Page 1 of 1 -ANE BURKE - Anna C Ziegler ~, .. 'rom: DATE OF DEATH REQUESTS 'o: BURKE, 7ANE gate: 4/28/2011 12:54 PIM subject: Anna C Ziegler er ou uest CCOUNT NUMBS NCE CCRUED INTERS' TOTAL 1572365 3047.02 .07 37047.09 1 he customer also has a safe deposit box located at the High Street Carlisle Branch the box number is 2979, the box was opened 2/07/92 ~t me know if there's anything e4se you need :-1 hanks, ammy Spencer ecords Management /DOD Unit &T Bank- "Understanding what's Mmportant." ecords Management /DOD Unit &T Bank- "Understanding what's important." ~I ://C:\Temp\XPgrpwise\4DB9636~RNET2GCS-1310017763711159651 \GW} 000O1.HTM 4i?' LINDEN HALL ANTIQUES 211 N. OLD STONE HOUSE ROAD CARLISLE, PA 17015 717-249-1978 To: Jane B 'rke, ice President M&TB nk One W st High Street Carlisle, PA 17013 From: William .Rowe, Appraiser 211 N. d Stone House Road Carlisle, A 17015 Re: Personal roperty Appraisal Anna C. iegler Estate 431 West North Street Carlisle, 17013 Date: May 26, 211 I Walnut marble-top chest of drawers Iron foot stool Round rug Photo -creek Oak table ! 2 chairs Oak chest of drawers ~' Oak arm chair -black Father seat Trunk - camel back Pair single beds Clothes tree Antique straw basket BEDROOM #1 Fans Brown jug Ladder High chair Oval braided rug Brass lamp Knidc knacks BEDROOM #2 Oak high chest Sewing machine Painted pail (McGee) Sewing accessories Vacuum Antique cradle Cookie jar -Red Riding Hod Lamp Ziegler Appraisal 1 $100.00 $25.00 $25.00 $15.00 $100.00 $85.00 $50.00 $85.00 $30.00 $35.00 $55.00 $5.00 $15.00 $10.00 $90.00 $20.00 $5.00 $10.00 $175.00 $10.00 $15.00 $15.00 $10.00 $150.00 $20.00 $10.00 n}[~6L~On~~'I ~~I JUN 2 201i IUII 05/2612011 BEDROOM #3 Green upholstered chair Platform rocker Blanket chest Quilt on bed Bedroom set Small crocks (3) ~ ~10 each Stoat, covered Sewing table Windsor chair - blac Miscellaneous hous~hold HALLWAY Washstand Hamper Lamp Pair ladies prints ! clo~h FOYER Card holder Mirror Ewer LIVING ROOM Upholstered furniture - ~ pcs. - no value Rug Brass candlestick ES&B crock Collectian of blue glass '' T.V. - no value Small wagon Cranberry lamp, floral shade Collection of goblets Bowls, ruffled - 4 @ $15 ~ach Lady picture over sofa White comer table Oriental plate, hanging White angels, Hummel (2~ -shelf Madona 1 child, 2 angels 1 shefl White crock -large Brass planter wlplant Milk glass kerosene lamp ~nr! candle Smal{ 3-legged stand ' Carlisle Oracles (2) Bookcase Knick knacks Coffee table Walnut frames (2) -house ~' stream prints Drop-leaf table, mahogany '. Brass lamp -blue font Plaque w/ 2 oval paintings '~ ITK CHEN Table / 2 chairs ~I Iron lamp ~, Miscellaneous kitchen I $15.00 $100.00 $150.00 $30.00 $150.00 $30.00 $10.00 $45.00 $40.00 $15.00 $100.00 $5.00 $10.00 $25.00 $30.00 $20.00 $5.00 $0.00 $10.00 $15.00 $40.00 $15.00 $0.00 $10.00 $10.00 $20.00 $60.00 $10.00 $10.00 $15.00 $25.00 $15.00 $30.00 $10.00 $30.00 $10.00 $10.00 $20.00 $10.00 $15.00 $40.00 $45.00 $15.00 $15.00 $10.00 $15.00 $15.00 Ziegler Appraisal 2 05/26/2011 DINING ROOM Oval china closet ' $150.00 Iron floor lamp $15.00 Waod floor lamp $10.00 Wheelbarrow $10.00 Glassware $10.00 Collection of colo glass $15.00 Luncheon set - Chir a, occupied Japan $45.00 Walnut extension ble / 4 chairs $215.00 Large oak frame w! milt' photos $20.00 Roccoco style side chair $30.00 Brass floor lamp $10.00 Windsor arm chair -rush seat $20.00 Pedestal stand $20.00 Plates (2) wall $10.00 Iron kettle -painted $~•~ BASEMENT Nail keg -steps $5.00 Krick knacks $10.00 Work table, large $80.00 Granite-top table $10.00 Miscellaneous basemant items $10.00 OUTSIDE / STORAG~ Lawn ornaments $50.00 2 spring chairs $10.00 Ice cream table ! 2 chairs $30.00 Wicker chair $20.00 Crocks -outside $45.00 Mower $20.00 Garden items $10.00 ARAGE Miscellaneous garage itams $10.00 Ladder $10.00 Wheelbarrow $10.00 TOTAL $3,430.00 William G. Rowe Ziegler Appraisal 3 05/26/2011 Allstate Life Insurance Company P.O. Box 94212 Palatine, IL 60094-4212 Telephone: (877 499-6418 Facsimile: (866)1635-4523 May 6, 2011 Jane F. Burke M&T Investment group P. O. Box 220 One West High Str~et Carlisle, PA 170131 Re: An a C Ziegler Contract No: GA~751857 Dear Ms. Burke: ~~ A I l sate Yau're in good hands. We received a reque~t to complete IRS Form 712 for the above referenced contract. The purpose of Form 712 is to provide an e~tate or donor with the value of a life insurance contract or its proceeds as of a certain date (usually the own~r's date of death or date of transfer of the contract). Because this contract #s an annuity contract, it is not reportable on Il2S Form 712. I can, however, provide the following infonmat~on for estate purposes: Date of Death: March 16, 2011 Annuity Value as of Date of Death: $121,270.86* '' Named Beneficiary: David Ziegler, Carole Rish, & Jack Ziegler *This value is an illustration for estate purposes only. It does not represent a cash value or a lump sum withdrawal offer. If you have any questions, please contact me at 1-877-499-6418 Ext. 24695. Sincerely, .~ Theresa Parsons Sr. Claim Representative LAST WILL. AND TESTAMENT OF ANNA C. ZIEGLER ~~ !,I, ANNA C. ZIEGLER, of Carlisle, Cumberland County, Pennsylvania, being of sound and disposing mind, memory and under$tanding, do hereby make, publish and declare this as and for m~ Last Will and Testament, hereby revoking all other Wills and Cd~dicils heretofore made by me. FIRST I'' direct the payment of my just debt's and expenses of my last i~~llness and funeral from my estate as soon after my death as conveniently may be done. It is my desi:re that my remains be cremated, pursuant to the pre-paid contract I have with the Pennsyljvania Cremation Society. i SECOND I give, devise and bequeath the sum of One Thousand Dollars'($1,000.00) to each of my grandchildren who are living at the dime of my death. Currently my grandchildren are: DAVID M~YER, LISA MOYER, KIMBERLY CZPACKI, KRISTIN ZIEGLER and ZACHARY '',ZIEGLER. THIRD SAIDIS, sHUFF & MASLAND A7'l~48~A7'~LAW w w. ~ sweet Carlisle. PA I dive, devise and bequeath the slim of Two Thousand Dollars ~''~($2,000.00) to my friend, BETTY SMITH. /? D 1, l~4X ~3~? ~pUgq+H L 01~SNfLL~ PA I ~ive, devise and bequeath all the rest, residue and remainde~ of my estate in equal shares unto my children, CAROLE L. RISH,I,JACK W. ZIEGLER and DAVID F. ZIEGLER., or their issue. FIFTH direct that any and all inheritance, estate, and transfer taxes imposed upon my estate passing under this Will or other rise shall be paid out of the principal of my residuary estate. SIXTH I',n addition to the powers conferred by law, I authorize any p~,rsonal representative acting under this instrument,-in his/Yie~/their absalut~~ disc=et.ion: A. To retain ir. the form received, or to sell either alt public or private sale any real or ;personal property; B. To exercise any options to subscribe for stocks, bonds, or other investments; C. To join in any plan of lease, mortgage, consolidation, exchange, reorganization or foreclosure of and corporation in which my estate or any trust may hold sucks, bonds or other securities; D. To sell, transfer, convey, mortgage, pledge, lease or exchange any property, real or personal, which at anyl time may form part of my estate, for the payment of s or taxes, or for any purpose o:E administration or SAIDIS, HUFF & 1~IASLAND ~neruw w w. i~ish street Carlisle, PA distribution, far such prices and upon such terms as my personal representative, in hislher/their sole discretion, may' deem wise, and to execute and deliver deeds of conveyance or transfer thereof; 2 E. To make settlements and compromises on such terms ~s my personal representative in his/herltheir sole ~~ .~ SAIDIS, HUFF & MASLAND ~re~a~rs•Art~w as w. ~usn saeee Cartiek, PA dbtaining any court approval thereof; discretion may deem wise without: the necessity of ' F. To make distribution hereunder either in cash or i kind, as my personal representative in hisJherltheir discretion may deem wise. SEVLNTS I ', do hereby nomir<ate, constitute .end a,rpoint my son, JACK W. ZIEGLER to act as Executor of this my Last Wili and Testame~t. Provided, however, that if he is unwilling or unable to act ~s Executor, I direct the duties of Executrix be perform~d by CAROLE L. RISH. EIGHTH I ,direct that no personal representative, guardian, trustee'~,or other fiduciary appointed under this instrument shall be required to give bond for the faithful performance of their duties in any jurisdiction. IN ~IITNESS W$EREOF, I, ANNA C. ZIEGLER, have hereunto set my hand ~nd seal to this my Last Will and Testament, consisting of four Q4) typewritten pages, the fi:cst three (3} o.f wh~.ch bear ' , ~~ my .signature in the margin far identification,., this f LV day of ~~ _ 2000. GP .P~ _ ANNA C. ZIEGLER ~~ 3 ~° SAIDIS, SHUFF 8z MASLAND ATrIAMAW 26 W. Hash street Carlisle, PA C0'~PEALTH OF PENNSYLVANIA ss. COLJNT7~ OF Ci7D~ERLAND Vie, ANNA C . Z IEGLER , ~ ~_and ~~°pe~~~, the Testatrix and witnesses, respectively whose names are signed to the'~foregoing or attached instrument, being first duly sworn, do hereby declare to the undersigned authority that the Testatrrix signed and executed the instrumer.~t as her Last Will and Te~tament and that she signed willingly and that she execut~r.~ as her free and voiur~tary act for the purposes therein expressed, and that each of the witnesses, in the presence and hearing of the Testatrix signed the Will as witnesses and that to thelbest of their knowledge the Testatrix was at the time eighteen (18) or more years of age, of sound mind and under no constraint or undue influence. Subscribed, sworn to and acknowledged before me by ANNA C. ZIEGLEitI, the Testatrix,~and subscribed to and sworn or affirmed to befo~e me by ~ )aitnnQ ~P~ ~U and : witness~s, this /~~ day of C ,`~ ~?~!p{~ ~u',; !. t C' ei ' J ~ a N y P , r --~ - s ,,~ """ ~::.. `"'' '' III .~.r • " '- R ~'~_ Lug , O J ~~ri.. ~~ $ALllE ,~b~ ~A I Cr~r ~~ Cuee~mrao,~' ~~ 5 Commiacion ~S~~s ~~'~; gay CODICIL OF SAIDIS HUFF, FLOWER & LINDSEY erroxNSYS•Arrnw 26 W. High Street Carlisle, PA ANNA C. ZIEGLER ~, Anna C. Ziegler, the within named Testatrix, do hereby make ~nd publish this Codicil of my Last Will and Testament datedlFebruary 15, 2000. ', FIRST ~ hereby amend the Seventh provision of said Will to provide as follows: I!, do hereby nominate, constitute and appoint Manufacturers and Trjaders Trust Company and Jack W. Ziegler to act as co- execut'pr of this my Last Will and Testament. In the event that my sonl~lpredeceases me, I authorize Manufacturers and Traders Trust ~ompany to act as sole executor. SECOND Iii all-other respects I hereby ratify, confirm and republ~sh my Last Will dated February 15, :2000 together with this sale Codicil as and for my Last Will. I1~' WITNESS WHEREOF, I, Anna C. Ziegler, have hereunto set my hand and seal to this Codicil to my Last: Will and Testament this ~(~~' day of ~i-vQvd~, 20a/ . Anr.~a C . Ziegl r 1 i Signed, sealed, published and declared by the above-named Testatrix, as and fora Codicil to her La:~t Will and Testament in tht~ presence of us, who have hereunto :subscribed our names at her request as witnesses, thereto, in the presence of said Tes ai~rix and of each other. ADDRESS ~~~ SAIDIS ~IJFF, FLOWER & LINDSEY 26 W. High Street Carlisle, PA ~ ~ ADDRESS ctiyf~S LE? ~~ ~~ /3 COMMONWEALTH OF PENNSYLVANIA COUNTYr OF CUMBERLAND e, Anna C. Ziegler, Traci Morrow, and Johnna Kopecky, the Testa rix and witnesses, respectively whose names are signed to the f regoing or attached instrument, being first duly sworn, do herebyE declare to the undersigned authority that the Testatrix signed and executed the instrument as her Codicil and that she signed) willingly and that she executed as her free and voluntary act for the purposes therein expressed, anal than each of the witnesses, in the presence and hearing of the Testatrix signed the Codicil as witness and that to the best of their knowledge the Te'Istatrix was at the time 18 or more years of age, of sound mind and under no constraint or undue influence. Anna C. Ziegler GLca . ,Witness ', ~ , Josh ~ o~c~j ,Witness scr~bed, , sworn to and acknowledged before me by ,;.,,,. ~~ { : ~{ the Testatrix, and subscribed to .;;.and~':sv,~prn .. ~ , aff ' r to before me by'~i~Q .t, r 0 t~ and ..5_~,"~ ,,.,,, , Z y/ witnesses, this day of ~` ~ ~ ` ' ~ O ~ . ... .•. ~ i `~ x r ~~ ... .. it ~~ r r ~, 1. , g.-, }r~J~ . ~, 'Not y Pu 1 ,:.:=_.;~ . 2 NlAt~.§'ik ~tii',~::1; L"-i3~y~'~~ ~ Sa4'b ~i ~b'~CsR33?f.•€"~Sitt$~ Pe:~rit?E'S ~ 9H,