HomeMy WebLinkAbout04-13-12
REV-15-00
PA a~patment of R.~
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E11TBt oatMrllNr tN!
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gals of Oeldh MAD01fYYY
e 0 7 2 1 2 0 1 1
8tdl6c
~~Y
TAX RETURI~i ~~e Yaar R1sNataba
2 1 1 1 0 8 3 5
(If /IppNcabls~ lnbr SurvlMrq SpouMy Mtbrmatlon !ltelow
SpotMe'a L.att Nana SuMbc Spows'e Fkst Nanw W
Spowe'a 8odtl 8scwR~r Number
~.~. tN APa~oPau-TE OvAt_s seLOw
THI8 RETURN MUST 8E FILED IN OUPLJCATE YNTH THE
REt318TER OF WILLS
® i. on~n.I Rsa~m p s. Sigplemeeal Ream p a Itsnainesr R.a,m (d«• ordsNh
~e,~-,~
p 4. i.Y,At.d Ear. p a. Fwun. Neat Comproni.. (me. of ^ s. r~ rte. rax
deMh allsr 1~1Z~
® 8. Dewdp~t DNd Tisb~ts p 7. DeoetlnR IMNigdned ~ tJviny Tnat ~ 8. ToW Number of Safe Depodt Boons
~Pl~ of ~1 (~ ~PI~ d Tiusq
p 9. t.IUp.tlon Procesdr Rsodwd ~ 10.8powMl Poragr c~.ait (date d death p 11. Eledton a ax wider Sec. a11s(A)
between 1X.S1~1 aid 1-1-tit~ (/ItRaeA~ Sch. O)
- TIOls i®Ci10N MIST !M tI01~. ALL OORitaPONDENCE AIb CONFDENTW. TAX tttt~0ltMAT10N NIOIN~ BE DNlECftE1 f0:
Nan s paygme Tilepho~» Number
S U S A N H C O N F A I R 7 1 7 7 6 1 3 8
...
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-
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of taNLr
one oraddisa - o rn ~ - '-~"
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Second Nns of sddroea ~`
Cily or Pat OAbe Stele DP Cods ta~K1E ~ -'
C A M P H I L L P A 1.7 0 3 9
aaoonEaror~ •aMaw.e.nde.
ap.nnlwe is e...e an ~ inbrnwlon
// oA~
ttttlw-n~ oa
TFWI REPREBENTATNE
1
2331 MARKET STREET CAMP HILL PA 17011
- PLEASE USM: OIE011111L. FORM ONLY
3itN 1
L 1505630140 1505610140
SocW Seoudb Number Dale d Etch t~ooww
3 5 7 2 6 2 5 6 0 0 3 1 1 9 3 6
OaadenCs Last Name Deoeda~Cs Fiwt Nana trN
MARL O Y E MAR Y L
1505610240
REV-t soo ~c
o.asnKSxam~ MARY L- MARLOWE oso.a~rk's sooiM sea~iy- Ni.Nnr
1 5 7 2 6 2 5 6
la
RecAwtw-rtor't
t. Real Esws (Saladnle A) .................................... . ...... t. 2 1 ? 9 0 0. 0 0
2 Stooks and Bards (Sdaduls B) ..... . ................................ 2. •
3. Ckasht ttskl Coiponatlon, Pa~tranlhlp or 3oN~PNOgN~oiahlP (Sd'aduk C) ..... 3. •
4. Mofbapss and Noles RsaNabN (8daduis D) .......................... 4. •
s. c~.h, eank bsposits and MlsoeNa~asw Pwsonq Propayr (8da~kds E)....... 5. 5 8 2 6 0 6. 6 0
e. Jokey Oanad ( ~ ^ ~ Rsqusead . ... e. •
7. InIK Vivo Ttsn~iiis d~ n~ous
t3
S
h
kd
(
c
si
s
j ~~ B~nD Requested ....... 7.
8. Tow Oroea Asses (tow ones t MrouBh 7) ..... .................. 8. 8 D 0 5 0 6. 6 0
9. Funswl Expsness and ~ Coeb (Sdadule Fq .................. 9. 9 1 4 0 . ? 7
to. o.ee. d Woed~k, tNo~tOap. tMb~lli.s, and urns (8anaa. q ............. to. 4 8 1 6. 1 3
11. Tow Dsauotlaa (low tk~ss 8 and t0) ............................... t 1. 1 3 9 5 6. 9 0
t2. rase wlua d Etlaee (uns 8 mkws tha tt) ............................ t2. ? 8 6 5 4 9. 7 fl
13. tawltable and OoMSrmm~dal Bsqueehl8so 91 i9 Tnab for vNAoh
~ aMdlon to tax has not been Wads (8oladiAe J) ...................... 13.
t4. Nstyalwsugsae a Tax (tNa /2 minus uns ts) . t4. ? 8 6 5 4 9. 7 0
TAX t:AL.t:U1.11T101i - S!E NeBTRUCTION3 FOR MPLtCABLE RATES
1S. Amount d tins 14 taxable
d tla spousal tax note, or
transti~s under Sac. tit t8
(axt.?ax.o ~ 0. 0 0 ts. 0. 0 0
t8. Amount d uns 14 taxable
ac N~ael nw x .0} f~ 7 8
6 5 4 9. 7
0
t8.
3 5 3 9 4.
7
4
17. Amoutt d tine 14 taxable
aes~ raee x .t2
0. 0
0
tT.
O.
D
O
18. Amount dLine /4 wale
ae ooaeMnl niee x .t8
0. 0
0
te.
0.
0
0
19. TAX DUE ......................................................19.
20. FN.L IN TIeE OVAL ~ YOU ARE REQIIeSTN10 A RlFUND OF AN OVERPAYIA~IT
3 5 3 °! 4•? 4
~:,
8ida 2
L 1505610240 1505610240
~+-~aoo ex ~. a
DeicedanC!'Cormpla-m Addl~iAf:
FIN Numbs
21 11 Oa35
DECL~BiI'8 MIME
lIARY lIARLOYE
tirtiEETA0DRE94
27 CREEK BANK DRIVE
txtY
MEtHANICSBUR6 STATE
PA ZP
17D50
Tan PaytmMts and Ctredi~s:
1. Tax Ow (PpE 2, Llrre 19)
~. a
a~ 34.1!oD•6a
B. Dleoount 1.7L1.74
3.
{1) 35+314.74
Totalf~edb(A+B) (~ 35,170.42
{3)
4. t Line 2 b pester tan tine t +I.he & enter tre tNferonoe. Thin M the Ot1ERPAYf~R.
t# h owl on tarps ~ Live ~0 b nqueet a reNard. (4) 575 • ba
5. ~ tins 1 +I,hs 3 k peaky than the 2, errtar the Alference. Thle b the TAX DUE. {~ 0.OD
Make c~tedc ~: REGISTER OF WILLS, AGENT
PLEASE ANSYYER THE RtR.LOWIN~3 QUESTION8 BY PLACIlIKi AN "X" IN THE APPROPRIATE BLOCKS
1. Did decedent rrploa a in>Nafer and: Yes No
a reMh the ues ar kroarw dris pn~perly rarrefened : ......................................................................
b. reteh the right b deebnMe who shat uee tie propwly asa4erred or Ne hoan~ ...............................
a reMln a reveraiararyMaNeat: a ................................................................................................
d rooelre Ire promNe for Ne d eMrer paynrerrk, berretk ar careR .......................................................
2 IfdeaMr oocvrrod efterDeoember 12,1982, did deoedentbaneferpropeAywMln ane ye~rddead
witrout n~oeiMrg adequate aorakkraear? .......................................................................................
3. Did decedent own an'h lost for' ar payeil-upoadeetr bank aooocwd a seadljr at hie ar her deeti7 .........
4. Did decedent own an hdWidusl rolkernent account, ar~rty or attar norfprobate piopeRy, wMd~
conletrai a benetldary deeipa4ion? .................................................................................................. ^
IF THE AN9W~ TO ANY OF THE A90WE OUE8TION818 YlE$, YOU MUST f~Pt.ETE 81~DlN.E O AND FILE R A8 PART OF THE RETURN.
Fordsleeddt+eMran,or afkr.kd~r 1,1984, and before Jan.1,1996, fie tax rats tmpoead on Ire net value dtrarrefers b odor the uee dlhe aurvhiirrg apo~ae k
3 percent (72 P.3. X118 (a) (1.1) (i)~
For dabs ddea8r on a atbr,lan1,1896, 8re Mac rah hrpoeed an the net value dtranstera b a fa Ire use dt~e aurvivhg spouse ie 0 peroent
X(772Z P.S. §9118 Via) (1:1) (iff1. The eMArte dose rldeuoempt a trarnfer b a survivkrg spouse from feet, and Ire sMiubry requkements fordfedoaxe dasseb and
t8ng a MrcnMlm are sM sppNcable even 8 the aurtiivirrg spouse N the any beneAdary.
For dates d deeit~ on or a(br July 1,.2000:
• The Mncraleinpceed on the rretvalue dtranelers tram a deoeaeed cMd 21 years d age or yoragar at dea81 b or for be use of a nalarel parent. an
adop6l~eparwitora sMppNerrtdihe ohNd N 0 percent X72 P.3. §9118(aK1.2)}
• The MncrAb Nnpoted on tla net value dtansfers b or for Ire use dthe decadence Kneel beneRdsries iti 4.5 petrrent, e~ooept as noted h
T2 P.S. X9118(1.3) IT2 P.S. §9118(aj(1)~
• The Mac rate hrpoeed on be net ~a~ue d Uarrsfer: b a for Ire we d81e deoedenh sibNngs is 12 peroerd j72 P.S. §9118(aX1.3)~ A shMrlg is deAned, under
Section 9102, as an hdhddusl who hp at leeetans parwlt h aonlrnon wM the deoederd, whether by blood ar adopton.
REY-f5fl2 EX+(01~1~
ponnsylvanis SCHEDULE A
o~
MM~AtANCETAXieeftRei ~• ESTATE
1eIR06CE0ENT
ESTATE t1F: t91.E 1
MARY `l.. MARLOt1E 21 3 0835
A8 neM powe~toeM~ei eeNyr ar ~ s tenant b con~oa e~reet bi ~Md ek fiir ~wfatvrw. Fed rtwrket value to defined es tln ptioe e1 wNd1 popMly
would beaMdMnped beteieen awigbuyerand av~npeeoer, nellierbelrg conipeAedbbuyaeM, boh heMnp nteearblekranledpeolthe n>leranttede.
Reel oioOMb thewt M lohNMaeeNd w~ ridllt W eeevh~o~ehb aeetbe deeloeed on &Mdele F.
Attach a copy oithe eMMement sheet N>he properly hea been Bold.
Nth dndude a copy d tln deed ehowbg deoedenCa p owned ae tee~enl in oonenon. V OAF ~11~H~
oESCwPrION
27 CREEK BANK DRIVE, MECNANICSBUR6, PENNSYLVANIA 217,900.00
ASSESSED VALUE - 4217,'100.00 X COMMON LEVEL RATIO 3.OD =
•217,900.00 FAIR MARKET VALUE
TtyTAL (Aleo eiMet an lJne 1, Recepduledan.) ~ i
N rose apes i needed, uee addtlonel eheelr dpeperdlhe eeme etee.
REY 1605 EX+ (11-10~
penns~ylvania aCHL'pYL.E E
oroF CASH, BANK DEP08RS, d~ MISC.
MEN-At~ETA%RETWIN
~f O~CEOB/f PERSONAL PROPERTY
E'3TATE OF: R.E NINNIEt~
GARY L • MAI~LOYE 21 11 0835
Mid~gsb dNaNoa5ndw5dM~ri5 wiSeoeMMdbpt~SewM.
M ar~MrAM of .n51ad5ea55aasaASar.F.
tTBd VAUS:ATDVITE
Hu~ea oESC~naN aFO~-TH
1. SEI INVSESTMENT ACCOUNT 1~40341D, 403410MU, 403410T, 4034102 542,812.29
1 FREEDOM VALLEY DRIVE
OAKS, PA 19456
2• ORRSTOYN BANK - CHECKING ACCOUNT •111001740 19,844.31
295 PHILADELPHIA AVENUE
CHA~BERSBURG, PA 17201
3• .2009 LINCOLN MKZ -SEDAN MD 18,000.00
4. RING -APPRAISED 1,200.00
S• PERSONAL PROPERTY 750.00
TORAL(AkoSnwranLtn55,RSCaipiwl5lon)~ i
Nnawsosas(Snssdsd, IamtSdBra~i~lu5bd5565rdNs~an~5~
env ~a~~ oc.{~aoN
penr~ytvania SCHEDULE H
oe~ee~r aR Fl~AL EXPE,~ISES AND
~ ADMMNSTRATIVE COSTS
ESTATE OF FM.E NUNBER
MARY L MARLOYE 21 33 0835
o.o.aMrti dew ~wNt a nvaled oa L
Ht ~ ~
A. Fur~Ra.
1, FUNERAL 2,372.2?
2• CHURCH 575.00
3• RECEPTION 1,000.00
B. ADMMIISTRATIVE COSTS:
1. Pe~awl t~eproeei~IMre ConenlNbm:
aI Penonel t~epieeenleln(e)
SreetAddAee
Cdr 81Ms 2~
Yeee~) Cammleebn Pei
~, ANon~rFeeK REA6ER s ADLER, PC 4,500.00
3. F~n~yE~om~ptlaKA4~~~ddi~YnotbiMae~tddnwds.ard~~q~ion.)
CleinMK
8reetAddn~ee
(~ SMM ZP
wMoneh~paf cYMnencboadeet
4. PiobelePeec PROBATE COST 693.50
3. Ao~oie#niFeee:
6. ~ Tix Re1en PApewrFeee:
7.
TarA1.W~oei~le~-anunes.f~pf~Mon)~ s
N moAepeoe le needed ueeeddlonM ebee~ dpeperdbsmalee.
REV ~a~2 Dc+h2~o~
Pennsylvania
NAEttlfANCETAXRFTURN
RMOBt~ENf
MARY L.
SCHEDULEI
DEBT8 OF DECEDENT,
MORTQrAGE L~LITIES~ ~ IE:NS
R~po~t d~6b bpmM by 1M daadMt pelot b dNb BMt R~MMd uhprl d IAtdaY d~N~AA„ rnniioMasM ~dlcM .
1T6Y1 VALUE AT ORATE
NUMBB i DESORD''TIDN OF DEATH
1. QVC CREDIT CARD 203.05
2. CONSUMER CELLULAR BILL 31.33
3• KOHLS CREDIT CARD 208.84
4. BOSCOV~S CREDIT CARD 208.84
5• ORCHARD BANK CREDIT CARD ?65.03
b• AARP CREDIT CARD 322.37
7• ZEPPLIN SECURITY GROUP 75.00
8. ERIE INSURANCE 369.00
9• YATER 343.83
10. SILVER SPRING TOYNSHIP SEYER 326.00
33• PMI tHOMEOYNERS ASSOCIATION) 3,739.00
32• 2032 COUNTY/TOYNSHIP REAL ESTATE TAXES 620.93
33• VERIZON TELEPHONE 192.88
14• PP i L 30.27
Taut(IWcenNron Une 1a RecepNul~lon) ~ i
Y nMd~l. InMrtaddNaiM N~tdMaiassis.
REV-1578 EX. (01-10)
pennsyivania SCHEDULE J
ooF BEIrEF1C1ARIES
~e+rra~Troca~uw+
araoartoec®eR
n , nwR v c l 0 8
RELATIONSINP TO DE(3:OB~R AiglJpR OR SHARE
NUR NA6E AND ADDRESS OF PERSON(S) RI:(~VNrG PROPERTY Do Not LitTioeMe(N OF ESTATE
~ TAXABLE ~~ (~idede~oorlditopoualjdM~lboronoandteno~undor
Y1~Wt~~4
1. MICHAEL E. MARLOYE Lineal 786,549.70
239 STONE HEAD ROAD
DILLSBURG, PA 37019
ENTER DOLLAR/IMOUNf8 FOR DRTRIBUTIONS 8HOWN ABOVE ON LNt£S 15 T FOiOIKaH 18 OF REY 1500 (~dVBt S HEET AS APPIiOPRUTE.
II. NON• DISTRANlT10NS:
A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR YYFNCFI AN ELECTION TO TAX IS NOT TAKD~k
1.
B. CHARITABLE AND GOV~IMENTAL OISTRIBIlTIOWS:
1.
TOTAL OFPART Q -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LME 13 OF REV 1500 COVER SHEEP. s
R mas epees w neeoea, uee aaeiea~ anean ar paper ar>M! eame alae.
U:\LifePlanPortfolio\Clients\Ivtarlowe, Mary L\Will.doc • ,
Apri125, 201.1 • `
LAST WILL AND TESTAMENT
t-~
n `-.-'
`.~
OE ~~o ~ Cm'3
MARY L. MARLOWE ~~i? r cr z'
~-- m rv r,~; ri~~
C!1 ~ ~ ._x.7 C7
~ ~ ~ -'_
I, MARY L. MARLOWE of Mechanicsburg, Cumberland County, Penn~+Tvania, tieing ~ ~
sound .and disposing mind, memory and understanding, do hereby make, publish and dectaze~is my
Last Will and Testament, hereby revoking any and all prior Wills and Codicils thereto by me at anytime
heretofore made.
1. FAMILY.
1.1 Identification of Family. I declaze that I have two (2) children. whose names are
MICHAEL E MARLOWE and MARK J. MARLOWE. I purposely make no'provisions in
this Will- for my son, Mazk J. Mazlowe.
2. DEcr~rv~rrnx nF FxpENSES AND DEBTS. I authorize my executor to pay all the
-i\Ii\ii i
expenses of (1) my cremation; (2) a memorial service, at the discretion of MICHAEL. E. MARLOWE;
(3) the internment of my cremains, or the disposition of my cremains, will be handled by my son,
MICHAEL E. MARLOWE, at his sole discretion. I further direct my executor to pay all of my debts
that my executor. in his or her sole. discretion may allow as claims against my estate.
3. DISPOSITION OF TANGIBLE PERSONAL PROPERTY. I give all of my tangible personal
property of every kind and description, including, but not limited to, books, pictures, clothing, :articles
of household or personal use or adornment, household furnishings and effects, and automotive vehicles..
and their accessories, but excluding any money, evidences of indebtedness, documents of title, and
securities and property used in connection with the operation of any trade or business, and not otherwise
disposed of herein, to my son, MICHAEL E. MARLOWE. I purposely make no provisions in this
Will for my son, Mazk J. Mazlowe.
I direct. my Executor to divide my tangible personal property into two parts. The first part. shall
contain all items that my Executor determines to be of no present or future value or use. The second part
shall contain the balance of the property. My Executor shall dispose of the first part by sale,
abandonment, destruction, or gift to any charity or person. The proceeds of any sale .shall be added to
my residuary estate. All property in -the second part I give to MICHAEL E. MARLOWE, per stirpes.
The decision of my Executor shall be conclusive and binding on all persons interested in my estate. I
purposely make no provisions in this Will for my son, Mark J. Mazlowe.
1
MARY L. M LOWS
• U\I,ifePlanPortfolio\Clients\Marlowe, Mary L\Will.doc
Apri125, 2011
Any item of personalty passing to a minor under this Section 3.2 may be delivered to the minor
or to any .person to hold for the- minor, as my Executor thinks advisable, and the receipt by any such
.persons, including the minor, shall constitute a full and complete discharge to my Executor.
4. DISPOSITION OF RESIDUARY ESTATE. All of the rest, residue and remainder of the
property that I own at the time of my death, both real and personal, and of every kind and. description,
wherever situated, to which I may be legally or equitably entitled at the time of my death (my "residuary
estate"), I give. outright and absolutely to MICHAEL E. MARLOWE; PROVIDED THAT, if
MICHAEL E. MARLOWE shall predecease me leaving. issue,. then I leave the share of that deceased.
child to his issue, per stirpes. I purposely make no provisions in this Will for my son, Mark 7. Marlowe.
5. SEPARATE TRUSTS FOR CHILDREN. If my Trustee shall receive any amount on behalf of
a grandchild of mine pursuant to the provisions of Article 3 of this Will, I direct my Trustee to hold the
amount received in a sepazate trust, and to administer and distribute that child's trust in the following
manner:
5.1 Until such child shall reach the .age of twenty-five (25), my Trustee shall :hold the
property so vested in said grandchildren, in a fund for the benefit, education. and support of said
grandchildren;
52 I authorize my Trustee to pay or apply principal of the trust, at any time, to or for :the
benefit of such child, even to .the point of exhausting trust principal, in such amounts as my
Trustee, in its absolute discretion, deems necessary or advisable to provide for the education of
such child. For example, but not by way of limitation, my Trustee's power of authority to make
discretionary payments- may include expenditures customarily related to assist in elementary or
secondary education; post-secondary technical or vocational training; college; postgraduate, and
professional study; purchasing a primary residence, to assist. in purchasing a business, or to assist
in entering a trade or profession. In determining the amount of principal. to be distributed, my
trustee shall take into consideration any other resources available to such child.
5.3 Upon the youngest grandchild reaching the age of twenty-five (25), the trust for such
child shall terminate and my trustee shall distribute to such child all of the trust assets remaining
on hand.
5.4 If a grandchild of mine dies before reaching age twenty-five. (25), and is survived by a
sibling, then the termination date of a trust created herein will be when the youngest surviving
beneficiary of such trust attains the age of twenty-five (25).
6. TRUSTEE'S JUDGMENT FINAL. The judgment of the Trustee as to the amount of payments
or applications of principal or income pursuant to Article 6 shall be final and conclusive on all persons
interested, or who may become interested, in the trust estate. On making any payments or applications
of principal, the Trustee shall be fully released and discharged from all further liability or accountability.
2
~~
MARY L. M OWE
• FJ:\L,fePlanPortfolio\Clients\Marlowe, Mary L\Will.doc .
Apri125, 2011
7. SPENDTHRIFT PROVISIONS. No beneficiary of this trust shall have any right or power to
-sell, assign, convey, mortgage, pledge, anticipate, hypothecate, or otherwise dispose of any right, title, or
interest Ghat the beneficiary may acquire in the income or principal of the trust estate until the income or
.principal has actually been paid over to the beneficiary by the Tuuste. Nor shall the income or principal
of the: trust estate, or any part of it, or any interest of any beneficiary. under this .Will be liable for, or to
any extent subject to, any debts of any kind or nature incurred or contracted by any beneficiary, either
.before or after my death..Any right granted to a beneficiary to receive or withdraw assets of `the. trust
estate, either .principal or income, for the beneficiary's own use and benefit shall not be available for the
satisfaction of any claims of the creditors of the beneficiary. Any right of receipt or withdrawal shall be
suspended, and. may. not be exercised by .any beneficiary on the.. filing of a proceeding in bankruptcy in
.which the beneficiary is debtor. The suspension shall be continued during bankruptcy proceedings and
shall be restored only after. the entry of a final order of discharge of the beneficiary as debtor.
8. POWERS OF ADMINISTRATION.
8.1 Grant of Powers. My executor, in the administration of my estate, and my trustee, in the
.administration of the trust under this Will, (my "fiduciaries") shall have the: powers and
authorities set forth in this Article 9. These powers and authorities may be exercised by my
executor and trustee in their sole and absolute discretion, without the. permission or order of any
court. These powers shall be supplementary to those conferred by law, including, but not limited
o, those set forth in Title 20, Chapter 33, of the Pennsylvania Consolidated Statutes.
&.2 Retention of Assets. My fiduciaries shall have the power to retain any or all property; of
my estate or trust, however received and acquired, for so long as they deem. appropriate.' This
power may. be exercised even though the property may not be of the type authorized bylaw for
investment, and even though the retention may leave a disproportionately large amount of the
value of my estate invested in one type of property.
8.3 Transfer ofAssets. My fiduciaries shall have the power to sell, transfer, and convey any
property, of whatever nature, including real property, and wherever situated, that I may own at
the time of my death, or that may come into my estate or into the trust corpus at or after my
death. The sale, transfer, or conveyance maybe by public or private sale, at such. time, on such
terms and conditions, including selling price and credit, in such manner, and for any reason that
my fiduciaries, deem appropriate, including, but not limited to, the purpose of obtaining ,net
proceeds to be distributed to my residuary beneficiaries.
8.4 Inve~, stment. My fiduciaries shall have the power to invest and reinvest any property in
my estate. or in the trust corpus in preferred and common stocks, bonds, .notes,. common trust
.funds (including any managed by any corporate fiduciary), interests in investments, trusts, mutual.
funds, leases,. mortgages on property wherever located, and, generally,. in any property and in
proportions of property as my fiduciaries deem advisable, even though the investments are not of
the character or proportions authorized by applicable law for the investment of the funds.
3
t
MARY L. M OWE
U:~I,ifePlanPortfolio\Clients\Marlowe, Mary L\Will.doc
April s5, 2011'
8.5 Power to Borrow. My fiduciaries shall have the power to borrow money for any
purpose, for any periods of time, and on any terms and .conditions as they deem advisable
(including the power to borrow .from any corporate fiduciary),. and to pledge, mortgage, or
otherwise encumber any property in my estate or in the trust. corpus to secure repayment of any
loan, as well as the power to renew existing loans either as maker or endorser.
8.6 .Power to Hold Proaerty in Nominee Form. My fiduciaries shall have the power to
hold any property in the name of a nominee or in bearer form.
8.7 Distribution in Cash or in Kind.. My .fiduciaries shall have the .power to .make
distributions in cash or in kind, or partly in cash, in divided or undivided interests, as amended,
or other applicable law, and to determine which assets shall be sold and which shall be
distributed in kind, without notice to or consent by any beneficiary.
8.8 Distribution to Minors and Persons Under Disability. My fiduciaries shall have the
power to make distributions or payments to or for the benefit of any beneficiary who is a minor,
an incompetent, or who in the fiduciaries'. judgment is incapacitated.. The distributions or
:payments shall be made in any one or more of the following ways: (1) directly to the beneficiary;
(2) directly to .the creditor in payment of the debts orexpenses of the beneficiary; (3) to the
'guardian of the person or estate of the beneficiary; (4) to any custodial :parent of a minor
beneficiary; (5) to a custodian for the beneficiary under any law related o gifts to minors,
including to my fiduciaries in that capacity; or (6) to any other person who shall have the care
and custody of'the person of the beneficiary. There shall be no duty to see to the`application of
funds so paid, provided due care was exercised in the selection of the person to whom the fiords
were. paid, and the receipt of the person shall be full acquittance of the fiduciaries.
8.9 Continuation or Liauidation of Business.. My fiduciaries shall have the power to
continue onto permit the continuation of any business, incorporated or unincorporated, in which I
may have any interest at the time of my death for any period of time, or to liquidate-the business
on any terms as they deem appropriate. This power includes, but is not limited to (1) the power
to invest additional sums in any business, even to the extent that my estate or .the trust corpus
may be invested largely or entirely in the business, without liability for any loss resuiting from
lack of diversification; (2) the power to act as or to select other persons to act as directors,
officers, or employees of any business, to be compensated ~ without regard to being a fiduciary
under this Will;. and (3) the power to make any other arrangements in regard to any business as
my fiduciaries shall deem proper.
.8.10. Em~loyment of Asents. My fiduciaries shall have the power to employ and pay the
compensation of any and all attorneys, agents, custodians, attorneys-in-fact, experts, investment
counsel, .accountants, bookkeepers, or other agents or providers of services as my fiduciaries
deem advisable in the administration of my estate.
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8.11 Commissions. My fiduciaries shall have the power to take reasonable commissions on
account at any time during the administration of my estate or of the trust without the approval of
any beneficiary or of the court, but subject to allowance or disallowance on the settlement of the
final accounts of my fiduciaries.
8.12- T~ijrd Party Reliance. No person or corporation dealing with my executor shall be
required to see to the application of any property paid or delivered to my executor, or to inquire
into either. the authority of my executor to enter into any transaction or the expediency or
propriety of any transaction entered into by my executor.
8.13 Allocation of Principal and Income. To allocate receipts and expenses to principal or
income, or partly to each, as my Trustee thinks proper.
9. PAYMENT OF DEATH TAXES. I direct that all taxes that maybe assessed in consequence of
my death, of whatever nature and by whatever jurisdiction .imposed, shall be .paid, without
apportionment, from my residuary estate as part of the expenses of the administration of my estate.
10. PRESUMPTION IN CASE OF SIMULTANEOUS. DEATH. For the purposes. of this Will, in
determining whether a person has survived me or another person, a person shall not be deemed, to have
survived me or another person if he or she dies within thirty (30) days of my death or of the death of the
other person.
11. ~pOIN1'MENT OF GUARDIAN FOR MINORS. I appoint SU$A]`I MAItLOWE, .as
Guardian of the person and estate of my grandchildren, that they may be adequately cared .for in the
proper envirotunent.
12. APPOINTMENT OF TRUSTEE.
12.1 Aapointment. I name, constitute, and appoint MICHAEL E. MARLOWE as the
trustee of any trust under Article 5 of this Will. If the trustee shall notserve as trustee for any
reason or shah cease to serve as trustee for any reason, then his successor trustee. shall be CARL
JAECKEL.
12.2 Resienation of Trustee. Any individual trustee may resign from the position of trustee
by executing a written resignation and delivering it to .the successor. trustee. The date of the
delivery of the resignation shall be the effective date of the resignation. No .court action or other
proceeding shall be necessary for the resignation of an individual trustee.
12.3 Disqualification of Trustee. A person shall be disqualified from acting as a trustee (1) if
found by a court of competent jurisdiction to be incompetent; or (2) if, on receipt of a written
request from an adult beneficiary, guardian or a successor trustee of the trust for a written
certification from a qualified physician that upon examination the physician finds the person
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mentally or physically capable of properly handling hisLher business affairs, the person does not
.obtain a written certification within thirty days after receipt of the request.
12.4 No Bond. Required. No bond shall be required of any trustee or successor trustee named
in this Will.
12.5. Rights of Successor Trustee. Every title, estate, right, authority and discretion vested-in
or conferred on any initial trustee under this Will shall likewise become and be vested in and may
be exercised by any successor trustee.
12.6 Trustee's Fees: My trustee shall be entitled to a reasonable and customary fee for
serving in said capacity.
13. EXECUTOR. I name, constitute -and appoint MICHAEL E. MARLOWE, executor of my.
estate. If MICHAEL E. MARLOWE shall not survive me, shall not serve as executor for any reason,
or shall cease to serve as executor for any reason after appointment, then I appoint CARL JAECKEL,
to act as successor executor in his place.
14. LIAI~ILITY OF EXECUTOR AND TRUSTEE. My Executor and Trustee shall not. at :any
time be' liable for mistake of law or of fact, or both law and fact, or errors of judgment, ..nor for any loss
coming to any beneficiary under this Will, or to any other persons, except through actual fraud or willful
misconduct on the part of the Executor or Trustee. My Executor or Trustee may, from time to time,
consult with counsel with respect to the meaning, construction, and operation of this Will or any trusts
created hereunder, particularly with respect to the appointments, allocations, and disbursements, and
.may act on the .advice of counsel in all matters without incurring liability on account of his or her
actions.
15. ~UL~ AGAINST PERPETUITIES. Notwithstanding anything in this Will to .the contrary, I
direct that no trust created hereunder shall continue for a period longer than permissible .under my
domiciliary state's Rule Against Perpetuities, if applicable, and .upon the expiration of such period, each
such trust shall terminate and the .assets thereof shall be ,distributed outright to those persons: then in
being who would be entitled to receive the .trust principal from that trust at the time of the termination
specified.
16. INTERPRETATION.
16.1 Number and Gender.. If required by the context of this Will,. singulaz language shall be
construed as plural, plural language shall be construed as singular, and the gender of personal
pronouns shall be construed as either masculine, feminine, or neuter.
16.2 Headinss. All headings used in this Will. to describe the contents of each article,
paragraph, or .other division aze provided for convenience only and shall not be construed to be a
part of this. Will.
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16.3 Bond Not Required. None of the fiduciaries named in this Will shall be required to
furnish a bond for the faithful performance of his/her duties as Executor or Trustee.
16.4 Governing Law. This Will shall be construed in conformity with the law of the
Commonwealth of Pennsylvania.
IN WITNESS WHEREOF, I have hereunto set my hand and seal to this, my Last. Will and
Testament, consisting of eight (8) typewritten pages which bear my signature. in the margin for. the
purpose of identification, this ~ fQ day of May, 2011.
MARY L. M OWE, Testatrix
Signed, sealed, published and declared by the above-named Testatrix, MARY L. MARLOWE,
as and for her Last Will and Testament, in the sight and presence of us, who, at her request, in her sight.
and presence and in the sight and presence of each other, have hereunto subscribed our names as
witnesses.
__ --
Witne
lJ~xx 1~--
Witness
2331 Market Street, Came Hill, PA 17011
Address
2331 Market Street, Camp Hill, PA 17011
Address
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U:\LifePlanPortfolio\Clients\Marlowe, Mary L\Will.doc
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COMMONWEALTH OF PENNSYLVANIA. )
. SS:
COUNTY OF CUMBERLAND )
I, MARY L. MARLOWE, TESTATRIX, WHOSE .NAME IS SIGNED TO THE FOREGONG
INSTRUMENT, HAVING BEEN DULY QUALIFIED ACCORDING TO LAW, DO HEREBY
ACKNOWLEDGE THAT I SIGNED AND EXECUTED THE INSTRUMENT AS MY LAST WILL AND
TESTAMENT'; THAT I SIGNED TT WILLINGLY; AND THAT I SIGNED TT AS MY FREE AND
VOLUNTARY ACT FOR THE PURPOSES THEREIN EXPRESSED.
SWORN OR AFFIRMED TO AND ACKNOWLEDGED BEFORE ME BY MARY L. MARLOWE,
THE TESTATRIX, THIS ~ DAY OF MAY, 2011.
~TM of pnvaru
Notarw ~ Pubpc
Camp FNN Boro~. i~ X14
~,~
Member. PM~yNaMa Il~odatlon d Notaries
COMMONWEALTH OF PENNSYLVANIA
COUNTY OF CUMBERLAND
MARy/~.. OWE, TESTATRIX
iVdT'ARY PUBLIC
. SS:
WE, 7~W ~ W l ~S~ A~ ~Q.Ir~L- W ~t~'"~IIC..~-- -,
THE WTfNESSES WHOSE NAMES ARE SIGNED TO THE FOREGOING INSTRUMENT, BEING DULY
QUALIFIIED'ACCORDING TO LAW, DEPOSE AND SAY THAT, WE WERE PRESENT AND SAW THE
AFORESAIDTESTATRIX SIGN AND .EXECUTE THE INSTRUMENT AS HER LAST WII.L AND
TESTAMENT; THAT SHE SIGNED WILLINGLY AND THAT SHE EXECUTED TT AS HER FREE AND
VOLUNTARY ACT FOR THE PURPOSES THEREIN EXPRESSED; THAT EACH OF US IN THE
HEARING AND SIGHT OF THE TESTATRXC SIGNED THE WILL AS WITNESSES; AND THAT TO THE
BEST OF OUR KNOWLEDGE THE TESATRIX WAS AT THE TIME EIGHTEEN (18) OR MORE YEARS
OF AGE, OF SOUND MIND AND UNDER NO CONSTRAINT OR UNDUE INFLUENCE.
SWORN OR AFFIRMED TO AND SUBSCRIBED TO BE/FO~RE ME, THIS ~ DAY OF MAY,
2011:. ~~ /
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L ~ ~ry Publlc
Deba'ah~ 6oro, W ~~ 4
Game dune 18,
nia AssodaUa~ of Notaries
Member. Penr-sMa
ESS
WITH $
TARP PUBLIC
8
~•'
MARY L. ARLOWE