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HomeMy WebLinkAbout03-16-12 1505610140 REV-1500 ~` (°'-'°' PA Department of Revenue Bureau of Individual Taxes Coun Code Year ty File Number PO BOX 280601 INHERITANCE TAX RETURN 2 1 1 1 1 3 7 i ~ Harrisburg, PA 17128-0601 RESIDENT DECEDENT ~ ~ ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death MMDDYYYY Date of Birth MMDDYYW 2 0 4 0 1 8 1 3 5 1 2 1 8 2 0 1 1 0 1 2 6 1 9 1 4 Decedent's Last Name Suffix Decedent's First Name MI R E E D E R MA R I O N G (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI Spouse's Social Security Number FILL INAPPROPRIATE OVALS BELOW ^X 1. Original Return 4. Limited Estate 0 6. Decedent Died Testate (Attach Copy of Will) 9. Litigation Proceeds Received THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS 2. Supplemental Return 4a. Future Interest Compromise (date of death after 12-12-82) 0 7. Decedent Maintained a Living Trust _ (Attach Copy of Trust) 10. Spousal Poverty Credit (date of death between 12-31-91 and 1-1-95) 3. Remainder Retum (date of death prior to 12-13-82) 5. Federal Estate Tax Retum Required 8. Total Number of Safe Deposit Boxes 11. Election to tax under Sec. 9113(A) (Attach Sch. O) CORRESPONDENT -THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED T0: Name Daytime Telephone Number J OEL R. ZUL L I NGER 71 7 264 6029 First line of address 14 NORTH MAI Second line of address S U I T E 2 0 0 City or Post Office C H A M B E R S B U R G N S T R E E T State PA ZIP Code 1 7 2 0 1 REGISTER OF WILLS USE p1~Y n ;_ O iM.~ .. \..a.I ~ 1 r~ ~ ''-- _ ~ ~, 1. M ~' ~ .f _'i T J~~ ~ :7 :J C7 C7 - ~ DATE~ED _. !'`J . _ D t G7 r ~~ Correspondent's a-mail address: Under penalties of perjury, I deGare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief it is true, correct and complete. DeGaration of preparer other than the personal representative is based on all information of which preparer has any knowledge. S~NATURE O E ESPONSIBLE FOR FILING RETURN ~ ~ ~~/ /~ fTDDRESS P.O. BOXJ250 SHIPPENSBURG PA 17257 T E OF P EPARE TH N R EN~4TNE D E Z~ ADD S 14 ORTH MAINS ET, SUIT 200 CHAMBERSBURG P 17201 PLEASE USE ORIGINAL FORM ONLY Side 1 L 1505610140 1505610140 r~ ~, ±} ~; -7-i m~ .'~"'t Ih J 1505610240 REV-1500 EX Decedent's Social Security Number Decedent's Name: MARION G. REEDER 2 0 4 0 1 8 1 3 5 RECAPITULATION 1. Real Estate (Schedule A) ........................................... 1. 2. Stocks and Bonds (Schedule B} ..................................... . 2. 4 2 7 0 0 3. 5 5 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C) .... . 3. 4. Mortgages and Notes Receivable (Schedule D) .......................... 4. 5. Cash, Bank De osits and Miscellaneous Personal Pro e ) p p rty (Schedule E ....... 5. 5 4 5 6 1 1 5 6. Jointly Owned Property (Schedule F) ^ Separate Billing Requested ....... 6. 7. Inter-Vivos Transfers & Miscellaneous N n-Probate Property (Schedule G) ~] S t Billi R t d 7 epara e ng eques e ....... . 8. Total Gross Assets (total Lines 1 through 7) ........................... 8. 4 8 1 5 6 4. 7 0 9. Funeral Expenses and Administrative Costs (Schedule H) .................. 9. 10. Debts of Decedent, Mortgage Liabilities, and Liens (Schedule I) ............. 10. 11. Total Deductions (total Lines 9 and 10) ............................... 11. 12. Net Value of Estate (Line 8 minus Line 11) ....... .............. ..... .. 12. 13. Charitable and Governmental BequestslSec 9113 Trusts for which an election to tax has not been made (Schedule J) . .............. ..... .. 13. 14. Net Value Subject to Tax (Line 12 minus Line 13) . .............. ...... . 14. TAX CALCULATION -SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 (a)(1.2)X.0 _ 0 . 0 0 15. 16. Amount of Line 14 taxable at lineal rate X .0_ 0 0 0 16. 17. Amount of Line 14 taxable 0 0 0 at sibling rate X .12 . 17. 18. Amount of Line 14 taxable 1 2 9 6 1 1 1 6 at collateral rate X .15 18, 19. TAX DUE ......................................................19. 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT 47495.68 2 0 3 1.8 0 4 9 5 2 7.4 8 4 3 2 0 3 7.2 2 3 0 2 4 2 6.0 6 1 2 9 6 1 1. 1 6 0. 0 0 0. 0 0 0. 0 0 1 9 4 4 1. 6 7 19 4 4 1. 6 7 Side 2 1505610240 1505610240 J REV-1500 EX Page 3 Decedent's Complete Address: Ffle Number 21 11 1376 DECEDENTS NAME MARION G. REEDER __ _ _ ___ ---- - __ STREETADDRESS Green Ridge Village 210 Big Siring Road -- - CITY - ___ STATE ZIP Newville PA 17241 Tax Payments and Credits: ~ ~ Tax Due (Page 2, Line 19) 2. Credits/Payments A. Prior Payments B. Discount 972.08 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, L1ne 20 to request a refund. (1) 19,441.67 Total Credits (A + B) (2} 972 08 (3} (4} 0.00 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5} 18,469.59 Make check payable to: REGISTER OF WILLS, AGENT PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No a. retain the use or income of the property transferred : ...................................................................... ^ ^X b. retain the right to designate who shall use the property transferred or its income; ............................... ^ ^X c. retain a reversionary interest: or ................................................................................................ ^ ^X d. receive the promise for life of either payments, benefits or care? ....................................................... ^ Q 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration? ....................................................................................... ^ Q 3. Did decedent own an "intrust for" orpayable-upon-death bank acx;ount or security at his or her death? ......... ^ ^X 4. Did decedent own an individual retirement account, annuity or other non-probate property, which contains a beneficiary designation? .................................................................................................. ^ ^X IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN For dates of death on or after July 1, 1994, and before Jan, 1,1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3 percent [72 P.S. §9116 (a) (1.1) (i)]. For dates of death on or after Jan. 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0 percent [72 P.S. §9116 (a) (1.1) (ii)]. The statute does not exempt a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1, 2000: • The tax rate imposed on the net value of transfers from a deceased child 21 years of age or younger at death to or for the use of a natural parent, an adoptive parent or a stepparent of the child is 0 percent [72 P.S. §9116(a)(1.2}]. • The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4.5 percent, except as noted in 72 P.S. §9116(1.2) [72 P.S. §9116(a)(1)]. • The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 12 percent [72 P.S. §9116(a)(1.3)]. Asibling is defined, under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. REV-1503 EX+ (6-98) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE B STOCKS & BONDS ESTATE OF FILE NUMBER MARION G. REEDER 21 11 1376 All property jointlyowned with right of survivorship must be disclosed on Schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. Investment Account #0072, Orrstown Financial Advisors, date of 426,913.55 death valuation attached 2. 9 shares common stock of C.V. Cooperative Association @10.00 per share 90.00 TOTAL (Also enter on line 2, Recapitulation) I $ 427 003. (If more space is needed, insert addfional sheets of the same size) REV-1508 EX+ (11-10) pennsylvania DEPARTMENT OF REVENUE INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE E CASH, BANK DEPOSITS, ~ MISC. PERSONAL PROPERTY ESTATE OF: FILE NUMBER: MARION G. REEDER 21 11 1376 Include the proceeds of litgation and the date the proceeds were received by the estate. All property jointly owned with right of survivorship must be disclosed on Schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. Cash 17.49 2. Checking Account #645834, Orrstown Bank, including interest accrued to 44,671.13 date of death 3. Checking Account #181226 ACNB Bank, including interest accrued to date 2,197.22 of death 4. Net proceeds from sale of personal property by 1,754.02 Kenny's Auction 5. Irrevocable Burial Account BNY Mellon 5,508.04 6. Net proceeds from sale of jewelry items by Kenny's Auction 413.25 TOTAL (Also enter on Line 5, Recapitulation) I S 54 561 15 If more space is needed, insert additional sheets of paper of the same size REV-1511 EX+ (10-09) pennsylvania DEPARTMENT OF REVENUE INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE H FUNERAL EXPENSES AND ADMINISTRATIVE COSTS ESTATE OF FILE NUMBER MARION G. REEDER 21 11 1376 Decederrt's debts must be reported on Schedule L ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1, Fogelsanger-Bricker Funeral Home, funeral expenses 10,315.18 B. ADMINISTRATIVE COSTS: 1. Personal Representative Commissions: Name(s) of Personal Representative(s) Orrstown Bank Street Address P.O. Box 250 c;ty Shippensburg State PA ZIP 17257 Year(s) Commission Paid: 2012 2, Attorneyl=ees: Joel R. Zullinger 3, Family Exemption: (If decedents address is not the same as claimants, attach explanation.) Claimant Street Address 4. 5. 6. 7. 8. C~+ State ZIP Relationship of Claimant to Decedent Probate Fees: JCS fee 23.50; automation 5.00; will 15.00; short certificates 24.00; letters 20.00; filing return 15.00; additional cost of letters 390.00 Accountant Fees: Tax Return Preparer Fees: The News-Chronicle, advertise letters Cumberland Law Journal, advertise letters 12,500.00 492.50 113.00 75.00 TOTAL (Also enter on Line 9, Recapitulation) I # a~ 24, 000.00 If more space is needed, use additional sheets of paper of the same size. REV-1512 EX+ (12-OS) Pennsylvania DEPARTMENT OF REVENUE INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULEI DEBTS OF DECEDENT, MORTGAGE LIABILITIES, 8~ LIENS ESTATE OF FILE NUMBER MARION G. REEDER 21 11 1376 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, PPL Electric Utilities, balance due 224.23 2. Alexander Springs Emergency Physicians, balance due 3. Cumberland-Goodwill Fire Rescue EMS, balance due for transport services 4. Kuhn Communications, Inc., balance due on account 5. Green Ridge Village, balance due for care services 6. U.S. Treasury, 2011 estimated tax payment 7. PA Department of Revenue, 2011 estimated tax payment TOTAL (Also enter on Line 10, Recapitulation) I $ If more space is needed, insert additional sheets of the same size. 36.73 101.88 15.23 653.73 814.00 186.00 2 REV-1513 EX+ (01-10) pennsylvania SCHEDULE J DEPARTMENT OF REVENUE BENEFICIARIES INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF: FILE NUMBER: MARION C~ RFFI~FR ~, AA ~~~~ RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not List Trustees} OF ESTATE I TAXABLE DISTRIBUTIONS [Indude outrtrg' ht spousal distributions and transfers under Sec. 91'f6 (a) (1.2).] 1, Donald Orth, 1836 Mary Lane, Carlisle, PA 17013 Collateral 129,611.16 30% of residue ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 T HROUGH 18 OF REV-1500 COVER S HEET, AS APPROPRIATE, II. NON-TAXABLE DISTRIBUTIONS: 1. A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN: B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS: 1. Green Ridge Village, 210 Big Spring Road, Newville, PA 17241 259,222.34 60% of residue 2. Memorial Lutheran Church, 34 East Orange Street, Shippensburg, PA 17257 43,203.72 10% of residue TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET S . 302 426.06 u u i~io aNaix is i ~CCC]CU, USC dUUIIIOnaI SneeiS OT paper OT [ne SafTle SIZ@. 0311412012 10:45 orrstown finanaal advisers ~RZ - 5.1 reeder.2. April 18. 2001 ~/UQ7175329342 LAST WILL AND TESTA P.0031007 Z, Marion G, Reeder, of Ei ht Pennsylvania g Ridge Lane, Newville, , being of sound and underst disposing mind a-nding, da hereb ~ memoxy and Y declare this to revoking any and all former wills be my wi11, hereby heretofore made, and codicils thereto by me c,~ ,._, O ~- ~~ --- o ~_-: non r- :~ ~~- ~~~ ~ ~ ~~~~ r direct that J~ - all my just debts A''-'~' :~~ ~.ncludin and funeral g all expenses of eXl°ens ~, mY last illness, shall be paid from my estate as soon as practicable after my deceas expense of the a as a part of the administration of my estate. II. I give, devise and be queath the residue of my estate of every natuze and wherever situate as follows: ~ A- Sixty percent thereof to Green Ri,d e ~ Pennsylvania 9 Village, Newvi~,le, to be added to the trust B. Thirt fund; . Y Percent thereof to my second cousin ;' of 1836 ~ Donald orth Mary Lane, Carlisle, penny however Ylvania, provided, , should the said Donald Orth predecease me or on or before the thirtieth da die Y following my death, his n , ~~ _J,' =.~ r = ..~ r, -: }`ri :.~ 03114!2012 10:45 orrstown financial advisers ~A)()717i42. P.0041007 share shall be distributed C• Ten under subparagraph C herein; percent thereof to Memorial Lutheran Church, Shippensburg, pennsYlvania, to be used for Purposes, general church Izr. ~Y fiduciary under this will shall have the t in addition to those vested in ollowing powers them by law and b of my will applicable to all Y other provisions property whether principal or income, including property held for minors, exer approval cieable without Court . and effective until actual. distribution of all A• To retain Property; any and all of the assets of my estate, real or personal, without regard to any principle of diversifi~a,-,,,_ _r H- To invest in all forms of Property includin common tru,~t funds and mort g stock, gage investment funds without restriction to investments authorized for peziris fiduciaries as the Ylvania Y deem propez, without regard to principle of diversification of risk- any C- To sell at public or private sale • to exchange or to Lease fox any period of time any real propert °r personal Y and to give options for leases sales, exchange$ or for such prices and as the upon such terms or conditions Y deem px'oper - D• To allocate receipts and expenses to ri p nclpal or income Page 2 03/1412012 10:45 orrstown financial advisers ~AXy7175329342 P.0051007 or partly to each as they from time to time think proper. E. To compromise any claim or controversy. F. To distribute in cash or in kind or partly in each. G. To hold property in their names without designation of any fiduciary capacity or in the name of a nominee or unregistered. zv. I direct that all taxes that may be assessed in consequence of my death of whatever nature and by whatever jurisdiction imposed, shall be paid from my residuary estate a.s a part of the expense of the administration of my estate. V. X appoint Orrstown Bank, with principal offices i.n Shippeneburg, Pennsylvania, as executor of this my will. VI. No bond shall be required of any fiduciary hereunder in any j uri.sdi.ct ion . IN WITNESS WHER$OF, I hereunto set my hand and seal to this my last will and testament, consisting of five typewritten pages, the Page 3 03!14!2012 10:46 orrstown financial advisers ~AX)71753~342 P.006/007 first three of which bear ~, signature in the margin for the purpose of identification this ~'=°e day of 2~L . ~~-~.~' cs~~ Signed, sealed, published and declared by the above-named testatrix as and for her last will and testament in oux pxesence, who in her presence, at her request and in the presence of each other have hereunto set our hands as attesting witnesses_ yr ~ . ,~9 We, Mar~,oa G. Reeder, ~~ ~~, ~-. and the testatrix and the witnesses respectively, whose names are signed to the attached or foregoing instrument, being first duly sworn, do hereby declare to the undersigned authority that the testatrix signed and executed the instrument as her last will and testament and that she executed it as her free and voluntary act for the purposes thex-ein expressed and that each of the witnesses, in the pxesence and hearing of the said testatrix, signed the will as witnesses and to the best of their knowledge, said signer was at that time eighteen years of age Page 4 03!1412012 10:46 orrstown financial advisers ~AX)717~9342 P.0071007 or older, of sound mind and unduz no canetraint o r undue influence. testa rix ~~ ~`~~' Subsezibed, sworn to and before me by the a~Ye_ acknowledg~u subscribed and sworn named signex and above-named to before a by the 'tries s this day of -~ Not Public obr al se tin L.1Malter, Notary publ~a embsn6urg t3arai n County y Commleelon sscp.ros I!~zy 1a. 200'1 Page S 03!0512012 10:06 orrstown financial advisers ~A)Q7175329342 P.007l010 Orrstown Financial Advisors Charlene L. Fslleheansargar Assisteat Vice President / Fiduciary Otiicer Date of Deaths 12/10/2011 Valuation Data: 12/18/2011 vrocessing Date: 03/03/2012 shares security or Par Description Estate of: Estate or Marion G. Reeder Accamt: 0072 Report Typo: Dats of Dsath tlusloer o! Securities: to File ID. M.QSBDSB. noo7a Mean and/or Div and snc security xlghp-sk 7,ox/eid Adjuata~ente llccruale value 1) 50000 BHDSR71i. P11RD1 CR 888 (31331VX68) Govarn:oeat/agency IDealer Quotations) DTD: 08/18/4006 Mats 02/18/2014 5.35 12/16/2011 110.33125 110.40625 A/B 12/19/2011 110.50000 110.37500 IVB 120.453125 int. oe/1e/2D11 to 12/ie/2ou 21 4433.331 FSD6RATED 1nTAL 8619817 9888 (31428Q101) TOIL RHT IJ18TL Mutual Fw:d (as quoted by sa$Dl-Q) 12/16/2011 11.370D0 Mkt 11.370000 3) 50000 J~al1 Q1a$8 k CO (466x58HS2) Financial ?ices interactive Data DTD: 07/22/2D10 Mat: 07/22/2020 4.4t 12/14/2011 100.44000 100.44000 H/L 12/19/2011 101.36000 100.30000 A/H 100.73x500 sac: o7/2a/2D11 to la/ia/nail `) 50000 PB(; aW1DD1o0 OOea (693a76'Bna} Financial Times Interactive Data DTD: 09/28/2007 Mat: 09/28/2012 S.St 12/16/2011 102.85380 Mkt 14/19/2011 10x.83430 Nkt 102.A44050 sot: 09/28/2011 to 12/38/2011 5} 50000 9:81DItlG P1- (755553TJ31 linaacial Times interactive Data DTD: 12/D1/2006 Mat: 11/15/2017 5.2t 12/16/x011 112.37200 Mt[ 12/19/x011 112.41500 MkC 112.393500 Iat: 11/15/2011 t0 12/18/2011 6) 24S3.3a5 80183 ? PBICE IlITl. PD9 INC (77956x10a} ZNTL HD FD Mutuwl )load (as goosed by sneDa-01 1x/16/2011 9.69000 Mkt 9.690000 Div: 0.21 Sx: 1]/16/2011 Bec: 12/15/2011 Pay: 11/ 19/2011 7) 16456.82 RONB T ARICB Bt~,T THRM 8D FD (77957-105) COM Mutual Fund (ae quoted by NAADAIQ) 12/16/2011 4.81000 Mkt 4.810000 8) 1539.168 VAlOOUARD FI703D Ilfa01~ 9SC9 FD (9 2 2 03 18 10) i1r1R11 DlV01RD AD I actual 8uad (as Quoted by HASw-Q) is/16/nail lo.loooo Mkt iD_looono 9) 2966.16 VJI}80W1RD FIXED IMCOMH SHCB BD (92x031836) STRM TliVGR1- AD Mutual Fund (as quoted by 1Q0.4DaQ) 12/16/2011 10.63000 Mkt 10.630000 10) 706.215 VAl10QARD FIXED TD1COMg SECS FD (922031869) INFL -RAT SECS Ia1tUa1 Fund (as Quoted by xusw-Q) 1a/16/aDi1 14.37000 Mkt 11.370000 55,226.56 883.33 50,406.97 50,366.25 e92.22 51,x2'.03 611.11 56,196.75 238.33 23,773.30 515.21 79,].57.30 15,545.60 31,530.29 10,148.31 ?age 1 This report was produced with Hstaeeval, a product of estate valuations c Pricing system., inc. if you have Queatloas, please contact 8VF Systems at 18 L8) 313-6300 or wwv.evpsys.oom. (Revision 7.2.0) 03!05!2012 10:06 orrstown financial advisers Date of Death: 12/10/2011 Valuation Date: 12/18/4011 Processing Date: 03/05/2012 7bta1 Vaiilee Total Aoarual~ Total: $426,913.55 Portfolio Biidnotee Daily D~yoeit FDIC AcCOUnt BalaSlCe bS0,934.19 1 Date: ~ ~ ` Charlene L. Peuchtenbezger, As Ce >'reeident / Fiduciary OLLicsr ~A)f)717532,9342 P.0081010 Eetate of: Setate or Marian D. Reeder Accoimt~ 0071 Report type: Data of Death iaa.ber oL Sscurities: 10 Pile IDS M.RSSDSR Jt0072 6423,773.35 $3,1a0.20 Page 2 This report •ras produced with secateval, a product of Bseate Valuations & Pricing Hyetems, inc. if you have gueatt~a, pleaoa contact SVP 8yeteeis ac {818) 313-6300 or www.evpsy¢.coa. (Reviai.on 7.1.0) 12!2112011 12:40 Orrstown Financial Services ~A)()717 532 9342 P.0031013 V1~it~J 1 V~V•l~l BANK ~ n ~~ ~Dectmber 20.2011 Re: BsEatb of Marion G.: Reeder ,Social Se~uity N~unber-~~Q4-QI-&13~~ Date of Death -12t1S%2011. Y'T IS HERESY CERTIFIED THAT'THE ABOVE NA1b1ED DECEDENT HAD THE FOLLOWINC3 ACCOUNT WITH :O1tRSTOWN BANK: -C.,I~ECKI/ITG ~~4LINT Acootmt No: 54834 Account Type- 50+ Interest. Checking Date-Opened- 3/-133 990 -Jnint.~econnt {namddate)- No Balaac~-- - $g4;b7095 Accrued Interest: 50.18 Best Regards, lJ~~ r ~ J 1L. Worthangton Deposit.Pmcassing gerlc 269 Philsdelphta Avenue Chembarsbs~rq, ~A 1720.1 1.888.ORRS7~DVYN. 03!0512012 10:06 orrstown financial advisers Q B AC~ February 3, 2012 Orrstown Bank Executor Marion Reeder Estate PO Box 250 Shippensburg PA 17257 ItE: Estate of Marion Reeder Dear Ms. Reed: The following information is being provided as pot your roquost; r `~ Acct. Type Account No. Balance Accrued Ownership .. ~D:O.D. Interest to - ~- D.O.D. Esteem i8Y226 52,197.16 50.06 Individual Date Opeued/Join« 5/06/99 Chockiag Account 51f~' ~' Trrquiries concerning ACNE Corporation stock information should be directed to the Registrar and Transfer Company at 1-800-368-5948. Ifyou need airy additional information, please contact mo at (717)339-5122. Sincerely, ~- . ~L ethers J Warn ACNB Bank - Deposit Services resentative II ~AX)7175329;i42 P.0091010 PO BOx 3129, Ger~vseurtc, PA 17325 I na-~ 717334.3161 I mu n~ 1.888.334.2262 I acnb.rnm I acnbb~uincu.com 12!2112011 12:41 OrrStown i=mancial Services ~AX)717 532 9342 P.013l013 IRREVOCABLE BURIAL RESERVE TRUST THIS AGREEMENT, made this 20 - day of. Aril , 19 87 , by and between Marion Reeder ,of 213 S. Penn St., Shippensbui Cumberland bounty of , Commonwealth of Pennsylvania, hereinafter referred to as "SETTLOR"; and The Commonwealth National Bank, a National Banking-Assocaation, hereinafter referred to as'TRUST&E". - 1. 'CRUST PROPERTY. SETTI.OR hereby irrevocably transfers to TRUSTEE, and TRUSTEE hereby aclmowledges receipt of the sum of S- ~, snp ~ Op , in cash, hereinafter referred to as "Principal", which shall be used for the purposes and upon the terms and conditions set forth herebelow. 2. TERMS AND CONDI710NS: -; A. During SETTLOR'S 1'ifetime, TRUSTEE shall Invest and re-invest-Princlpal. All lrfcome net of Trustees fees and any taxes or charges shall be added to Principal, :. ~ B. Upon death of SEI7LOR, TRUSTEE shell distribute. the remaining Principal ~aiance as follows for the pur- pose~of paying the expenses incurred as a result of funeral proceedings for SETTLOR: - • , 1. To SETTLOR'S~ Personal Representative upon presentation of a short certificate or death certificate for SETTLOR. ~~ ~ 2. To the funeral director conducting funeral proceedings for SETTLOR, who presents TRUSTEE with a :. death certificate and a Notarized funeral bill for SETTLOR, if within thirty (30) days of SETTLOR'S death - . ho personal representative has claimed the trust assets. Under such circumstance, SETTLOR hereby grants to TRUSTEE authority to pay such funeral director the lesser of (a) Trust Principal balance; or (b) .~ _ the amount due and owing to said funeral director. Should any balance remain after payment of said funeral director, TRUSTEE shall endeavor to make ~iegal disposition thereof. - 3. PO{A/ERS OF TRUSTEE TRUSTEE shall, in addition to the powers given by law, have the following powers, as to principal and income: ~ ~ ~ - -. A. To xriake such investments and reinvestments without limitation to what are known as~ legal investments as trustee shall, in its~discretion, consider beneficial to the Trust created hereunder. B. To'register securities and other property held by Trustee in the name of a nominee or in bearer form. • - C. ~To;execute and deliver all instruments of writing necessary or appropriate for~the exercise of any Trustee poinrers. _ 4._ tRREVOCABILCTY. This Trust shall be irrevocable, and the SEl'TI,OR expressly-waives all right and power, whether alone, jointly or in conjunction with others, to alter, amend, revoke, or terminate this Trust, or any of its terms, in whole or in part ~ - 5. COMRENSAI'ION OF TRUSTEE TRUSTEE shall be compensated for its services performed hereunder in as cordance with its standard schedule of fees in operation- at the time of execution hereof by SETTLOR. 6. G01/~RNING LAW. This Trust shall be governed by the laws of the Commonwealth of Pennsylvania. ~~ •7. UNDERSTANDING OF~~TERMS. By their execution herebelow, both SETTLOR end TRUSTEE acknowledge - ~:•~• that they have READ, OR HAD EXPLAINED TO TN~EM, the terms and conditions of this TRUST, are in FULL AGREEMENT therewith, and intend to be LEGALLY BOUI~ID thereby. - IN WITNESS WHEREOF, the parties hereto have hereunto set their hands and seals the day grid year set forth he~`eabove.- ~ ~. WITNESS: ETTLOR 213 S: Penn St_ Address . S]iippensburA, PA 17257 - ~ ~ ~ 204 01 813S . - - ~ - ~ Soc~el Security Number -- THE CO ~ NWEALTH NATIONAL BANK, TRUSTEE - - - ~ - BY ~ C.~ - ~ - -ATTEST= ~ ~ . .AUTHORIZED OFFICER ~ - . Fo~nooo s5 ose u+rV. 9/831