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HomeMy WebLinkAbout05-21-12 (2)Ex(ot-to) .aJ REV-1$~~ 1505610143 PADepartmentofRevenue OFFICIAL USE ONLY pennsy ania county code rear File Number Bureau of lndividua178xes OEPoYrtYEMOFNEKMUE PO 60X.280601 INHERITANCE TAX RETURN 21 0 5 0 0 8 7 3 Harrisburg, PA 17128-060 RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW Social SecurityNumber Date of Death Date of Birth 161 34 0904 09 20 2005 07 31 1942 Decedent'sLastName Suffer Deaedent'sFirstName MI ASPER MAUREEN E (ff AppNcable) Enter Surviving Spouse's Information Below Spouse'sLaatName Suffix Spouse's First Name MI ASPER, JR. JOHN W Spouse's SocialSecuriiyNumber THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW ® 1. Original Retum ^ 4. Limited Estate g Decedent Died TeeWte (Attach Copy d VYltl) ® 9. LlUgation Prooeeda Received ^ 2. Supplemental Retum 48. Future Imerost Compromise (dale d death after 12-12-02) ^ ~, Decedent Maimained a Living Trust (AtRaeh Copy d Trust) ^ 10. Spousal Pp~a~ Gredlt date d death between 12-31A1 and -1-95) State ZIP Code PA 17011 CORRESPONDENT -THIS 8ECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number SCOTT M DINNER ESQ 717 761 5800 First line of address 3117 CHESTNUT STREET Second line of address City or Post Office CAMP HILL Correspondent's eanalladdress: d I Under penalties of peryury, I declare that I have it is true, rxrrrect and complete. Declaration of I Wentzville RoadyC~arlisle, PAt 17013 RE 091P ARER OTHER EPRESENTATNE 3117 Chestnut Street, Camp Hill, PA 1701 i Scott M Dinner Esq S DATE aide 1 1505610143 1505610143 J V~ alnet.com ^ 3. Remainder Retum (date of death prior to 12-13-92) ^ 5. Federal Estate Tax Retum Required 0 8. Total Number of Safe Deposit Boxes ^ 11.Elecbon to tax under Sec. 9173(A) (Attach Sch. O) REGISTER OF WILLS USE,Q~ILY 4~a ~© ~~ ha _ p r _ ~'~ t. ' . '< <;' rT N . ~ nL~- D T~JLED ~ ~ , _. t Guding aocorrtpanying schedules and statements, and fo the beat of my krtovlAedgs and belief, ersonal representetrve is based on all inttxma9an of which preparer has any knowledge. DATE John W. Asper, Jr. ~(^rCC~.~ ~`~ `~.r1~Z~ _.J 1505610243 REV-1500 EX Decedent's Social Security Number ~~~ ASPER, MAUREEN E. 161 34 0904 RECAPITULATION 1. Real Estate(ScheduleA) ........................................................................................... 1. 2. Stocks and Bonds (Schedule B) ................................................................................. 2. 3. CloselyHeklCorporation,PartnershiporSob-Proprietorship(ScheduleC) .............. 3. 4. MortgagesBNotesReceivable(ScheduleD) ............................................................ 4. 5• Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) .................... 5. 4 9 , 4 8 9 . 7 1 6. Jointly Owned Property (Schedule F) ^ SeparaleBillingRequeated .............. 6. 7. Inter-VivosTransfers & Miscellaneous Non-Probate Property (Schedule G) ^ SeparateBillingRequested .............. 7. 8. Total Grass Assets (total Lines 1-7) ........................................................................ 8. 4 9 , 4 8 9.71 9. Funeral Expenses&AdministrativeCosts(Sd+eduleH) ............................................ 9. 10,259.64 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) ................................... 10. 11. Total Dsductlons (total Lines 9 810) ....................................................................... 11. 1 0, 2 5 9. 6 4 12. Net Value of Estate (Line 8 minus Line 11) .............................................................. 12. 3 9 , 2 3 0 . 0 7 13. CharitableandGovemmentalBequests/Sec9113Trustaforwhich an election to tax has not been made (Schedule J) .................................................... 13, 14. Net Value SubJect to Tax (Line 12 minus Line 13) ................................................... 14. 3 9 , 2 3 0 . 0 7 TAX COMPUTATION -SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Linel4taxable at the spousal tax rate, or transfers under Sec. 9116 (a)(1.2>x .00 3 4, 615.0 3 15. 0. 0 0 16. Amount of Linel4taxable atlinealrateX .045 4, 615.0 4 16• 2 0 7. 6 8 17. AmountofLinel4taxable atsiblingrateX .12 17. 18. AmountofLinel4taxable atcollateralrateX .15 18, 19. Tax Due ..................................................................................................................... 19. 2 0 7. 6 8 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. Side 2 L 1505610243 1505610243 REV-1500 EX Page 3 Decedent's Complete Address: FIIeNumber 21 - 05 - 00873 Asper, Maureen E. STREET ADDRESS 7405 Wertzville Road CITY Carlisie STATE PA ZIP 17013 Tax Payments and Credits: 1. Tau Due (Page 2, Line 19) (1) 207.68 2. CreditslPayments A. PriorPayments B. Discount Total Credits (A + B) (2) 0.00 3. Interest (3) 0.00 4. It Line 2 is greater than Line i + Line 3, enterthe d'rfferenoe. This is the OVERPAYMENT. (4) Check box on Page 2 Line 20 to request a rofund 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) Z ~ 7.6 8 Make Check Payable to: REGISTER OF WILLS, AGENT. PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent makeatransferand: Yes No a. reteintheuseorincomeofthepropertytrensferced :..................................................................................... x b. retaintherighttodesignatewhoshallusethepropertytrensferredoritsincome :......................................... x c. retainareversionaryinterest;or ..................................................................................................................... x d. receive the promiseforlifeofeitherpayments,benefitsorcere? .................................................................. x 2. If death occuned attar December 12, 1982, did decadent transfer property within one year of death without receivingadequateconsideretion? .......................................................................................................................... ^ 3. Did decedent own an "intrust for' or payable upon death bank account or security at his or her death? ............... ~ ~x 4. DiddecedeMOwnanlnd'rvidualRetirementAxount,annuity,orothernon-probateproperlywhich containsabeneficiarydesignation? ........................................................................................................................ ^ 0 IF THE ANSWER TO ANY OF THE ABOVE gUESTION8 IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. For dates of death on or aRer July 1,1994 and before Jan.1,1995, the tax rate imposed on the net value of trensfers to or for the use of the surviving spouse is 3 percent [72 P.S. §9116 (a) (1.1) (i)]. Fordates of death on or afterJanuary 1, 1995, the tax rate imposed on the net value of transfers to orfor the use of the surviving spouse is 0 percent (72 P.S. §9116 (a) (1.1) (ii)]. The stafute 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 ii the surviving spouse Is the only benefiaary. For dates of death on or after July 1, 2000: • The tax rate imposed on the net value of trenafers 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 odor 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 rcent [72 P.S. §9116 (a) (1.3)]. A sibling is defined underSection 9102, as an individual who has at least one parent in common wdh the decedent, whetherby blood oradoption. woNNiEwTNOSVENNar~e MFEINTANCETAXRETVRN RE&°ENfDECE°Eff~ SCHEDULE E CASH, BANK DEPOSITS, ~ MISC. PERSONAL PROPERTY FILE NUMBER ESTATE OF Asper, Maureen E. 21 - 05 - 00873 InGude the pproceeds of litigation and the date the proceeds were received by the estate. All property jointly-owned with the right of survivorship must be disclosed on schedule F ITEM DESCRIPTION VALUE AT DATE NUMBER OF DEATH 1 Net settlement proceeds received on or about April 1, 2012 by decedent's estate from a wrongfu 49.489.71 death and survival action [Cumberland County 2005-CV-]. Thirty (30°~) of the proceeds have been allocated to the survival claim in accordance with Shannon E. Baker's letter of December 21, 2011 on behalf of the Dept. of Revenue [see Attachment #1]. 2 I --The Estate requests an abatement of interest from June 20, 2006 until April 1, 2012-- TOTAL (Also enter on Line 5, Recapitulation) ~ 49,489.71 SCF®lx.E H FI~AL.D~B+IS~S8~ ~n~rnoFnE~sr~vnNw ~weteRUwer~xnerurw ^''F~T~~fJ r~s~oErrrortEOevr FILE NUMBER ESTATE OF Asper, Maureen E. 21 - 05 - 00873 Debts of decedent must be reported on Schedule I. ITEM NUMBER FUNERAL EXPENSES: DESCRIPTION AMOUNT A. 1 David M. Myers Funeral Home 7,894.00 Newport, PA 17074 2 Rice Memorial Works 800.00 New Bloomfield, PA 17068 B. ADMINISTRATIVE COSTS: 1. PersonalRepresentative'sCommissions NameofPersonal Representative(s) StreetAddress City State Zip Year(s) Commission paid 2. Attomey'sFees Scott M. Dinner, Esq. 990.00 3. Family Exemption: (Ifdecedent'saddressisnotthesameasGaimant's,attachexplanation) Claimant StreetAddress City State Zip Relationship ofClaimantto Decedent a. ProbateFees Cumberland County R-o-W 294.00 5. Accountant's Fees 6. TaxRetumPreparer'sFees 7. OtherAdministretiveCosu 1 advertisement of letters in Cumberland Law Journal/Patriot-News 281.64 TOTAL (Also enter on line 9, Recapitulation) 10,259.6+4 REV•16i~ E7(a 111-08) SCHEDULE J COMMONWEALTH OF GENNSYLVANIA BENEFICIARIES I NHERITANCE TAJ(RETURN RESIDENT DECEDENT ESTATE OF Asper, Maureen E. FILE NUMBER 21 - 05 - 00873 NUMBER NAME AND ADDRESS OF PERSON(S) RELATIONSHIP TO DECEDENT SHARE OF ESTATE (Words) AMOUNT OF ESTATE ($$$) RECEIVING PROPERTY DoNaLiarnat..l.) I~ TAXABLE DISTRIBUTIONS[includeoutrightspousal drstnbutlons, and transfers underSec. 9116 (a) (1.2)] 1 John W. Asper, Jr. Spouse first $30,000. plus 7405 Wentzville Road one-ha[f of the Carlisle, PA 17013 balance 2 Melissa Kennedy Daughter one-quarter of 170 Sloop Road balance Shermans Dale, Pennsylvania 17090 3 Jennifer F. Wilson Daughter one-quarter of 105 Reeser Drive balance York Haven, Pennsylvania 17370 Enterdollaramounts fordistributionsshown above on lines 15 t hrough 18 on Rev 1500 covershe et, as appropriate. II NON-TAXABLE DISTRIBUTIONS: . A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEE 0.00 ~s~~~ran~ia EMT €1F REVENUE December z 1, 2011 Daryl Edwin Christopher, Esquire Angino & Rovner, PC 4503 North Front Street Harrisburg, PA 17110 ---ATTACHMENT 1--- r- i Re: Estate of Maureen Asper File Number 2105-0873 Court of Common Pleas Cumberland County Dear Mr. Edwin: The Department of Revenue has received the Petition for Approval of Settlement Claim to be filed on behalf of the above-referepced Estate in regard to a wrongful death and survival action. It has been forwarded to this.Bureau for the Commonwealth's approval of the allocation of the proceeds paid to settle the actions. According to the Petition, the 63-year-old-decedent died as a result of maiical negligence. Decedent is survived by her husband and two adult childrar. The oelition also indicates that all of the beneficiaries are adults. were not dependent on the decedent, and have suffered limitedpecuniarv (fmanciail loss The Department ~ aware that the decedent provided special services to her one adult daughter, Jennifer Wilson, but she is not claiming a pecuniary (financial} loss. Pursuant to the Supreme Court of Pennsylvania, before th4fe can be any recovery in damages by one in family relation for negligent death of another in the same relation,.ltjere must be a pecuniary loss. Mannine v. Cagelli. 411' A.2d 252, 270 Pa.Super. 207, Super.1979. Family relation required to maintain action under Wrongful Death Act is defined to require showing of pecuniary loss by relatives seeking damages as result of wrongful death of decedent; there must be pecuniary loss by one in fatuity relation before there is any recovery in damages. Hodge v. Loveland 690 A.2d 243, 456 Pa.Super. 188, Super.1997, reargumart denied, appeal denied 723 A.2d 672, 555 Pa. 701. Occasional gifts and services are not sufficiart on which to ground a pecuniary loss. ado Supra, 301 PA at 530, 152 A. and 552. Please be advised that based upon these facts and case law, the Department disagrees to the proposed allocation of a 90/10 split between wrongful death and survival action. However, for inheritance tax purpose only, this Deparlmart would not object to the allocation of the net proceeds of this action, $115,476.01 to the wrongful death claim, and $49,489.71 to the survival claim. This is equal to a 70/30 split. Proceeds of a survival action'are an asset included in the decedent's estate and are subject to the imposition of Pennsylvania inheritance tax. 42 Pa.C.S.A. §8302, 72 P.S. §9106, 9107. . I frost that this letter is a sufficient representation of the Department's position on this matter, Please contact me if you or the Court has any questions or requires anything additional from this Division. S' erely, E. Baker Trust Valuation Specialist N~~ ~~-- Bureau of Individual Taxes l PO Box 280601 l Harrisburg, PA 17128 l 717.783.5824 l shabakert4lpa,gov