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HomeMy WebLinkAbout07-06-121505610143 REV-1500 Ex(o,_,o) OFFICIAL USE ONLY PA Department of Revenue pennsylvania County Code Bureau of Individual Taxes DEPARTMENT OF REVENUE Po Box.2sosol INHERITANCE TAX RETURN 21 Harrisburg, PA 17128-0601 RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death Date of Birth 210 36 5404 10 09 2011 03 O1 1911 Decedent's Last Name Suffix Decedent's First Name STUART GRACE (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name Year File Number 11 1066 MI S MI Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW i] 1 Original Return ~ 2. Supplemental Return ~ 3. Remainder Return (date of death prior to 12-13-82) 4. Limited Estate ^ qa. Future Interest Compromise ~ 5. Federal Estate Tax Return Required (data of loath affar , ~-1 ~-R71 X 6 Decedent Died Testate x ~ Decedent Maintained a Living Trust 1 8. Total Number of Safe Deposit Boxes i~ ~ (Attach Copy of W II) ^ (Attach Copy of Trust) 9. Litigation Proceeds Received 10. Spousal PovertyY Credit (date of death 11. Election to tax under Sec. 9113(A) between 12-31-91 and,-,-95) ^ (Attach SCh. O) CORRESPONDENT -THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number ARNOLD B KOGAN 717 23 161 ~ ~' First line of address 4250 CRUMS MILL ROAD Second line of address PO BOX 6991 City or Post Office HARRISBURG laddress: State ZIP Code PA 17112 oldbergkatzman.com Under penalties p~rjury, I dec hat I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, corr d comp) eclaration of preparer other than the personal representative Is based on all information of which preparer has any knowledge. SIGNAI UKUK EESPONSIBLE FOR FILING RETURN ATE ' James Allan Stuart III ~~ ~C~~~ ~'~ ~~- ADDRESS 3507 North'Front Street. Harrisbura. PA 17110 SIGNAT RE OF PREPA E OTH TH REPRESENTATIVE t ATE. n'~ ~, l ~~ Arnold B Kogan \) v1\~- ~ ~~~ ~~ ADDRESS Goldberg Katzman PC, 4250 Crums Mill Road, Suite 301, Lower Paxton, PA 17112 1505610143 't~; REGISTER Cr~S USE~JLY ~ L ti} V" =` Q1 "•.`z - C3 ~° r °;~ ~ T, ~~t:~ ~~t ~ ~ ~ ~~ ~' ..y C.!'1 ~ "t'j DATE FILED Side 1 1505610143 ~~ PA Inheritance Tax Return Signature of Additional Fiduciaries ESTATE OF FILE NUMBER Stuart, Grace S 21-11-1066 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 complete. Declaration of preparer other than the personal representative is based on all information of which preparer has any knowled9e ~. ^ ~ Signature #2 Name Addressl Address2 CItY, state, zip Date Mn E Stuart 1818 N. Lakeshore Drive Chapel Hill, NC 27514 .~ ~~~ ~.~ ~ ..Z ~ ~ Z REV-1500 EX Decedent's Name: Stuart, Grace S Decedent's Social Security Number 210 36 5404 RECAPITULATION 1. Real Estate (Schedule A) ...................................................................................... . 1. 0 . 0 0 2. Stocks and Bonds (Schedule B) ........................................................................... .. 2. 6 9 9 , 92 7.15 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C)........ . 3. 4. Mortgages & Notes Receivable (Schedule D) ....................................................... . 4. 5• Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) .............. . 5. 237 , 382.51 6. Jointly Owned Property (Schedule F) ^ Separate Billing Requested............ 6. 7. Inter-Vivos Transfers & Miscellaneous -Probate Property (Schedule G) Separate Billing Requested............ 7, 3 rj ~ 0 0 0 , 0 0 8. Total Gross Assets (total Lines 1-7) ................................................................... .. 8. 972 , 30 9.66 9. Funeral Expenses & Administrative Costs (Schedule H) ............................... ........ 9. 28 , 974.37 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) ...................... ........ 10. 3 , 527.50 11. Total Deductions (total Lines 9 & 10) .......................................................... ......... 11. 32 , 501.87 12. Net Value of Estate (Line 8 minus Line 11) .................................................. ........ 12. 93 9 , $ 0 7 . 7 9 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made (Schedule J) ....................................... ........ 13. 14. Net Value Subject to Taz (Line 12 minus Line 13) ...................................... ......... 14. 93 9 , 8 0 7 . 7 9 TAX COMPUTATION -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 .00 15. 16. Amount of Line 14 taxable 93 9 , 8 0 7 . 7 9 16. at lineal rate X .045 17. Amount of Line 14 taxable 0 0 0 17 at sibling rate X .12 . . 18. Amount of Line 14 taxable at collateral rate X .15 0 . 0 0 18. 19. Tax Due ................................................. ................................................................ . 19. 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. 1505610243 0.00 42,291.35 0.00 0.00 42,291.35 Side 2 1505610243 1505610243 J REV-1500 EX Page 3 Decedent's Complete Address: File Number 21-11-1066 DECEDENT'S NAME Stuart, Grace S STREET ADDRESS 2424 Lincoln Street CITY Camp Hill STATE PA ZIP 17011 Tax Payments and Credits: 1. Tax Due (Page 2, Line 19) 2. Credits/Payments A. Prior Payments B. Discount 52,000.00 2,112.33 (1) Total Credits (A + B) (2) 3. Interest 4_ If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Check box 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. (3) (4) (5) 42,246.67 54,112.33 11,865.66 Make Check Payable to: REGISTER OF WILLS. AGENT. a:.. ,. ~,..u . _ ~ . 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? ............................................................ ^ 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration? .................................................................................................................... ~ ^ 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death?....... ~ ^ 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? .................................................................................................................. ^ ^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 January 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)]. A sibling is defined under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. LAST WILL AND TESTAMENT OF GRACE S. STUART ~~ i ~ y f ~` `~pt f e~ ~~~ ~ #~ ;~ Prepared by: Arnold B. Kogan, Esq. Goldberg, Katzman & Shipman PC P.O. Box 1268, 320 Mazket St. Harrisburg, Pennsylvania 17108-1268 LAST WILL AND TESTAMENT OF GRACE S. STUART Introductory Clause. I, GRACE S. STUART, a resident of and domiciled in the Borough of Camp Hill, County of Cumberland and Commonwealth of Pennsylvania, do hereby make, publish and declare this to be my Last Will and Testament, hereby revoking all Wills and Codicils at any time heretofore made by me. ITEM I. Direction to Pa~Debts. I direct that all my legally enforceable debts, secured and unsecured, be paid as soon as practicable after my death. ITEM II. Direction to Pay All Taxes from Residuary Estate. I direct that all estate, inheritance, succession, death or similar taxes (except generation-skipping transfer taxes} assessed with respect to my estate herein disposed of, or any part thereof, or on any bequest or devise contained in this my Last Will (which term wherever used herein shall include any Codicil hereto), or on any insurance upon my life or on any property held jointly by me with another or on any transfer made by me during my lifetime or on any other property or interests in property included in my estate for such tax purposes be paid out of my residuary estate and shall not be charged to or against any recipient, beneficiary, transferee or owner of any such property or interests in property included in my estate for such tax purposes. ITEM III. Pour-Over Gift to Trustee of Testatrix's Inter Vivos Trust. I give, devise, and bequeath all the rest, residue and remainder of my property of every kind and description (including lapsed legacies and devises), wherever situate and whether acquired before or after the execution of this Will, to the successor Trustee under that certain Trust Agreement between myself as Settlor and myself as Trustee executed prior to the execution of this Will on the 13}~' day of August, 1996. My Trustee shall add the property bequeathed and devised by this Item to the principal of the above Trust and shall hold, administer and distribute the property in accordance with the provisions of the Trust Agreement, including any amendments thereto made before my death. ITEM IV. Alternate Provision to Incorporate Trust by Reference if Pour-Over is Invalid. In the event for any reason the bequest and devise above is ineffective and invalid, then I hereby give, devise, and bequeath the rest, residue and remainder of my property of every kind and Last Will and Testament of Grace S. Stuart Page 1 description (including lapsed legacies and devises), wherever situate and whether acquired before or after the execution of this Will, to the successor Trustee to be held, administered and distributed in accordance with the provisions of that certain Trust Agreement between myself as Settlor and myself as Trustee executed prior to the execution of this Will on the 13~~ day of August, 1996, which Trust Agreement is hereby incorporated by reference and made a part hereof the same as if the entire Trust Agreement were set forth herein. If for any reason the successor Trustee is unable or unwilling to serve, then I hereby nominate, constitute, and appoint as successor or substitute Trustee a bank or trust company qualified to do business in the State of my domicile at the time of my death, which successor or substitute Trustee shall be designated by the court having jurisdiction over the probate of my estate. ITEM V. Naming the Executor Executor Succession Executor's Fees and Other_ Matters. The provisions for naming the Executor, Executor succession, Executor's fees. and other matters are set forth below: A. Naming Individuals as Executor. I hereby nominate, constitute, and appoint as Executors of this my Last Will and Testament JAMES ALLAN STUART, III, and ANN ELIZABETH STUART and direct that they shall serve without bond. B. Individual Executors Succession. If any individual Executor should fail to qualify as Executor hereunder, or for any reason should cease to act in such capacity, then the survivor of the two above-named Executors shall act solely. C. Final Succession If All Individual Successor Executors Cannot Act. If all my individual successor Executors should fail to qualify as Executor hereunder, or for any reason should cease to act in such capacity, then the successor or substitute Executor who shall also serve without bond shall be ARNOLD B. KOGAN. If he is unable or unwilling to act as Executor, I appoint DAUPHIN DEPOSIT BANK AND TRUST COMPANY to act as Executor. D. Fee Schedule for Individual Executor. For its services as Executor, the individual Executor shall receive reasonable compensation for the services rendered and reimbursement for reasonable expenses. ITEM VI. Definition of Executor. Whenever the word "Executor" or any modifying or substituted pronoun therefor is used in this my Will, such words and respective pronouns shall include both the singular and the plural, the masculine, feminine and neuter gender thereof, and shall apply equally to the Executor named herein and to any successor or substitute Executor acting Last Will and Testament of Grace S. Stuart Page 2 hereunder, and such successor or substitute Executor shall possess all the rights, powers and duties, authority and responsibility conferred upon the Executor originally named herein. ITEM VII. Powers for Executor. By way of illustration and not of limitation and in addition to any inherent, implied or statutory powers granted to Executors generally, my Executor is specifically authorized and empowered with respect to any property, real or personal, at any time held under any provision of this my Will: to allot, allocate between principal and income, assign, borrow, buy, care for, collect, compromise claims, contract with respect to, continue any business of mine, convey, convert, deal with, dispose of, enter into, exchange, hold, improve, incorporate any business of mine, invest, lease, manage, mortgage, grant and exercise options with respect to, take possession of, pledge, receive, release, repair, sell, sue for, to make distributions or divisions in cash or in kind or partly in each without regard to the income tax basis of such asset, and in general, to exercise all the powers in the management of my Estate which any individual could exercise in the management of similar property owned in his or her own right, upon such terms and conditions as to my Executor may seem best, and to execute and deliver any and all instruments and to do all acts which my Executor may deem proper or necessary to carry out the purposes of this my Will, without being limited in any way by the specific grants of power made, and without the necessity of a court order. ITEM VIII. Provision for Executor to Act as Trustee for Beneficiary Under Age Twenty-One. If any share or property hereunder becomes distributable to a beneficiary who has not attained the age of Twenty-one (21) years or if any real property shall be devised to a person who has not attained the age of Twenty-one (21) years at the date of my death, then such share or property shall immediately vest in the beneficiary, but notwithstanding the provisions herein, my Executor acting as Trustee shall retain possession of the share or property in trust for the beneficiary until the beneficiary attains the age of Twenty-one (21), using so much of the net income and principal of the share or property as my Executor deems necessary to provide for the proper support, medical care, and education of the beneficiary, taking into consideration to the extent my Executor deems advisable any other income or resources of the beneficiary or his or her parents known to my Executor. Any income not so paid or applied shall be accumulated and added to principal. The beneficiary's share or property shall be paid over, distributed and conveyed to the beneficiary upon attaining age Twenty-one (21), or if he or she shall sooner die, to his or her executors or administrators. Whenever my Executor determines it appropriate to pay any money for the benefit of a beneficiary for whom a trust is created hereunder, then the amounts shall be paid out by my Executor in such of the following ways as my Executor deems best: (1) directly to the beneficiary; (2) to the legally appointed guardian of the beneficiary; (3) to some relative or friend for the care, support and education of the beneficiary; (4) by my Executor using such amounts directly for the beneficiary's care, support and education. My Executor as trustee shall Last Will and Testament of Grace S. Stuart Page 3 have with respect to each share or property so retained all the powers and discretions conferred upon it as Executor. ITEM IX. Discretion Granted to Executor in Reference to Tax Matters. My Executor as the fiduciary of my estate shall have the discretion, but shall not be required when allocating receipts of my estate between income and principal, to make adjustments in the rights of any beneficiaries, or among the principal and income accounts to compensate for the consequences of any tax decision or election, or of any investment or administrative decision, that my Executor believes has had the effect, directly or indirectly, of preferring one beneficiary or group of beneficiaries over others; provided, however, my Executor shall not exercise its discretion in a manner which would cause the loss or reduction of the marital deduction as may be herein provided. In determining the state or federal estate and income tax liabilities of my estate, my Executor shall have discretion to select the valuation date and to determine whether any or all of the allowable administration expenses in my estate shall be used as state or federal estate tax deductions or as state or federal income tax deductions. The term "per stirpes" as used herein has the identical meaning as the term "taking by representation" as defined in the Pennsylvania Probate Code. ITEM X. Definition of Words Relating to the Internal Revenue Code. As used herein, the words "gross estate," "adjusted gross estate," "taxable estate," "unified credit," "state death tax credit," "maximum marital deduction," "marital deduction," "pass," and any other word or words which from the context in which it or they are used refer to the Internal Revenue Code shall have the same meaning as such words have for the purposes of applying the Internal Revenue Code to my estate. For purposes of this Will, my "available generation-skipping transfer exemption" means the generation-skipping transfer tax exemption provided in section 2631 of the Internal Revenue Code of 1986, as amended, in effect at the time of my death reduced by the aggregate of (1) the amount, if any, of my exemption allocated to lifetime transfers of mine by me or by operation of law, and (2) the amount, if any, I have specifically allocated to other property of my gross estate for federal estate tax purposes. For purposes of this Will if at the time of my death I have made gifts with an inclusion ratio of greater than zero for which the gift tax return due date has not expired (including extensions) and I have not yet filed a return, it shall be deemed that my generation-skipping transfer exemption has been allocated to these transfers to the extent necessary (and possible) to exempt the transfer(s) from generation-skipping transfer tax. Reference to Sections of the Internal Revenue Code and to the Internal Revenue Code shall refer to the Internal Revenue Code amended to the date of my death. Last Will and Testament of Grace S. Stuart Page 4 ITEM XI. Statement by Testatrix of Intent Not to Exercise Power of Appointment. I hereby refrain from exercising any power of appointment that I may have at the time of my death. ITEM XII. Simultaneous Death Provision Presuming_Beneficiary Predeceases Testatrix. If any beneficiary and I should die under such circumstances as would make it doubtful whether the beneficiary or I died first, then it shall be conclusively presumed for the purposes of this Will that the beneficiary predeceased me. Testimonium Clause. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my seal this ~ day of August, 1996. ,' 7t,c~c~ ~~ `l~~a,,.;'~---(SEAL) Grace S. Stuart Attestation Clause. The foregoing Will was this ~;~h day of August, 1996, signed, sealed, published and declared by the Testatrix as and for her Last Will and Testament in our presence, and we, at her request and in her presence, and in the presence of each other, have hereunto subscribed our names as witnesses on the above date. 1 of ~?~' ~;~ ~', =~~ ,- 7?~1 ~~~ ~~. ~:,~ v.-~-z~.-~: ~ i acs Last Will and Testament of Grace S. Stuart Page 5 PROOF OF WILL Commonwealth of Pennsylvania Self-Proving Affidavit County of Cumberland We, GRACE S. STUART, and ~i~.~'~~-, ~`'~~~"r"~-~/ and ~~t~-- ~ ~ ~~=~~ 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 that she had signed willingly (or willingly directed another to sign for her), and that she executed it as her free and voluntary act for the purposes therein expressed, and that each of the witnesses, in the presence and hearing of the Testatrix, and in the presence of each other, signed the Will as witness and to the best of our knowledge the Testatrix was at that time eighteen years of age or older, of sound mind, and under no constraint or undue influence. Grac S. Stuart Witness Subscribed, sworn to, and acknowledged before me by GRACE S. STUART, the Testatrix and subscribed and sworn to before me by -~-% =-: ~~-i ~ ' ~-~ r ~~-~-t and r:~;`~,,; ~_~;. i::. !~~_~~ ,witnesses, this !~'~~" flay of August, 1996. Notary Pudic r Pennsylvania My Commission Expires: NCTARfAL SEAL KIMBERLY D. MILLER, Notary Public Last Will and Testament of Grace S. Stuart Page 6 Harrisburg, Dauphin County PAy Commis~ior Excites Aug. 13, 1999 Rav-1502 EX+t11-08) SCHEDULE A REAL ESTATE COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Stuart, Grace S 21-11-1066 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. Real property which is Jointly-owned with right of survivorship must be disclosed on schedule F. Attach a copy of the settlement sheet if the property has been sold Include a copy of the deed showing decedent's interest if owned as tenant in common. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 2424 Lincoln Street, Camp Hill, PA 17011 -Single family dwelling. Owned solely by Decedent's living trust. Deed dated August 13, 1996, Record Book 144, Page 560. At this time we are unable to provide a value as real estate has not been sold yet. We will file a supplemental return for the real estate and any additional assets as soon as possible. Plel suspend the assessment of tax on this asset. TOTAL (Also enter on Line 1, Recapitulation) (If more space is needed, additional pages of the same size) Copyright (c) 2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule A (Rev. 11-08) >B r. aG; THIS DEED is made this /.~~~ day of August, 1996, between GRACE S. STUART, a widow, of the Borough of Camp Hill, Cumberland County, Pennsylvania, (the "Grantor"), and GRACE S. STUART, as Trustee under Trust Agreement, dated August 13, 1996, and any amendments or replacements thereof, of the Borough of Camp Hill, Cumberland County, Pennsylvania (the "Grantee"). WITNESSETH, that the Grantor, for and in consideration of One and No/100 Dollars ($1.00), and other valuable consideration, paid or delivered to the Grantor, at or before the sealing and delivery of these presents, the receipt whereof is hereby acknowledged, and the Grantor being therewith fully satisfied, does by these presents grant, bargain, sell, and convey unto the Grantee forever. All those two (2) certain adjoining tracts of land situate in the Borough of Camp Hill, Cumberland County, Pennsylvania, bounded and described as follows, to wit: Tract No. l: On the north by Lands formerly of Elmer E. Zimmerman, now Tract No. 2, described herein; on the east by lands formerly of Elizabeth S. Siebert now of Myron W. Bagley, et ux; on the south by Lincoln Street; on the west by Willow Avenue (formerly designated as 25th Street), containing fifty-five and three tenth feet (55.3'), more or less, in front on Willow Avenue and extending on its northern boundary aio:ig Tract No. 2, O~iC hundred twenty-four and four tenth feet (124.4') and on its southern boundary by Lincoln Street one hundred nineteen and eight tenth feet (119.8') to the aforesaid lands formerly of Elizabeth S. Siebert, now of Myron W. Bagley, et ux; in the rear and having a width along said land of forty-nine and six tenth feet (49.6'). Tract No. 2: BEGINNING at an iron pin in the center of Willow Avenue at the corner of lands, being Tracts Nos. 1 and 2 herein (formerly of Charles A. Holmes and Elmer E. Zimmerman), and extending north seven degrees fifty-five minutes west (N. 7 ° 55 min. W.) along the center line of Wiiiow Avenue a distance of thirty feet (30') to an iron pin; thence north eighty-seven degrees east (N. 87° E.) along the lands formerly of Elmer E. Zimmerman to an iron pin in the center of a proposed fourteen foot (14') alley a distance of one hundred forty-five and five tenth feet (145.5), more or less; thence south seven degrees fifty-five minutes east (S. 7° 55 min. E.) along the center line of said proposed alley to an iron pin at the corner of lands formerly of Elmer E. Zimmerman and Charles A. Holmes, et ux, now Tracts Nos. 2 and 1 a distance of thirty feet (30'); thence along the line of said lands south eighty-seven degrees west (S. 87 ° W.) a distance of one hundred forty-five and five tenth feet (i45.~') to the Place of BEGINNING. HAVING THEREON ERECTED a two and one-half (2'/2) story frame dwelling .house known and numbered as 2424 Lincoln Street, Camp Hill, Pennsylvania. P~ ,,. ~.. 't ~ ~` BEING the same premises which Edward E. Kagermann and Mercedes S. Kagermann, his wife, granted and conveyed to Allan Stuart and Grace S. Stuart, his wife and Grantor herein, by deed dated June 14, 1957, and recorded on the same day in Cumberland County, Pennsylvania, in Deed Book "W ', Volume 17, Page 242. AND THE SAID Allan Stuart died on July 7, 1975, leaving Grace S. Stuart, his wife, and Grantor herein the sole owner by right of survivorship as the surviving tenant by the entirety, his will having been duly probated in the Office of the Register of Wills in and for Cumberland County, Pennsylvania, thereby vesting fee simple title, by operation of law, in his surviving spouse, Grace S. Stuart, Grantor herein. THIS IS AN EXCLUDED NON TAXABLE TR ANSAC_TION INVOL'6~ING A TRANSFER WITHOUT CONSIDERATION FROM A GRANTOR._~ SETTLOR OF A TRUST TO HERSELF AS TRUSTEE THE GRANTOR. ' HER CHILDREN AND GRANDCHILDREN ARE THE SOLE BENEFICIARIES_ OF THE TRUST Pa Realty Transfer Tax 72 P S ~ 8102-C.3181. TOGETHER with all and singular the rights, liberties, privileges, hereditaments, and appurtenances whatsoever hereunto belonging, or in any way appertaining, and the revisions and remainders, rents, interest, and profits thereof; AND ALSO all the estate, right, title, interest, use, possession, property, claim, and riemancl wliatsoe aver of *he Grantor both in law and in equity, of, in and fo the Premises and every part and parcel thereof with the appurtenances. TO HAVE AND TO HOLD all and singular the Premises, together with the hereditaments and appurtenances, unto the Grantee's proper use and benefit forever. AND the Grantor will warrant specially the property herein conveyed. Wherever in this instrument any Pa~ndedlto andsshall have the sameteffectnas~if or general reference, such designation is rote the words heirs, executors, administrators, personal or legal representatives, successors ~~ and assigns" had been inserted after each and every designation. IN ~Z'NESS WHEREOF, the Grantor has hereunto set her hand and seal the day and year first above written. W>~ .NESS: GRAS OR: / ( GRACE S. STUART 2 1D1jK ~~~~ F~GE ~~, CONIl120NWEALTH OF PENNSYLVANIA COUNTY OF DAUPHIN SS. On this, the,3~day of August, 1996, before me, a Notary Public, the undersigned officer, personally appeared GRACE S. STUART, a widow, known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument, who acknowledged that she executed the foregoing Special Warranty Deed, for the purposes set forth therein. IN WITNESS WHEREOF, I hereunto set my hand and official seal. NOTARIAL SEAL KIMBERLY D. MILLER, Notary Public Harrisburg, Dauphin County P,~y Commission; Exoiras Aug. 19, 1993 I hereby certify that the precise residence of the Grantee is: 2424 Lincoln Street, Camp Hill, Pennsylvania 17011. ca Q~ (Attorney for) Grantee ~ c ~ ~- `: ~, - - . __ COMMONWEALTH OF PENNSYLVANIA -' :., -~ COUNTY OF ~ ~ ~_= ~_'~ r' - i -.~ -< ~, . -. RECORDED in the Office of the Recorder of Deeds of Dauphin County, ifi'Rec©rd' ~.~ Book l.. _, Page ~~ WITNESS my hand and seal of office this (~ day of ~~ , 1996. REI;ISTERED BY l~E ~ BaROUGH Of CAM1P ~LL ____~~- ~ r 19~ ~~ ~ ~a ~ 1L ~1-~- ~cr~~i;~Y ecor er of ee o aup n County 3 Rev-1503 EX+ (6-98) SCHEDULE B STOCKS & BONDS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Stuart, Grace S 21-11-1066 All property jointly-owned with right of survivorship must be disclosed on Schedule F. ITEM NUMBER CUSIP NUMBER DESCRIPTION UNIT VALUE VALUE AT DATE OF DEATH 1 002o6R102 800 shares of AT&T Corp -Com 28.747500 22,998.00 Accrued dividend on Item 1 through date of death .43 344.00 2 064058100 800 shares of Bank of New York Mellon Corp 18.270000 14,616.00 3 151897107 800 shares of Centerpoint Energy Inc Common 20.172500 16,138.00 4 166764100 220 shares of Chevrontexaco Corp -Com 95.930000 21,104.60 5 20030N101 363 shares of Comcast Corp New 22.436300 8,144.38 Accrued dividend on Item 5 through date of death 40.84 6 205887102 560 shares of Conagra Foods Inc -Com 25.138800 14,077.73 7 246094866 1,796.429 shares of Delaware Group Govt Fund - Inflatn 11.160000 20,048.15 Protection C 8 254687106 1,277 shares of Disney Walt Co. Common 32.343800 41,303.03 g 263534109 1,200 shares of E.I. DuPont de Nemours & Co. Common 42.532500 51,039.00 10 35906A108 185 shares of Frontier Communications, Inc. Common 5.950000 1,100.75 11 37244E107 630 shares of Genon Energy, Inc. 2.735000 1,723.05 12 37733W105 400 shares of Glaxo Smith Kline PLC 43.255000 17,302.00 13 x27866108 400 shares of Hershey Foods Corp -Com 59.202500 23,681.00 14 458140100 200 shares of Intel Corp -Com 22.442500 4,488.50 Total of Continuation Schedule See attached page TOTAL (Also enter on Line 2, Recapitulation) 699,927.15 (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule B (Rev. 6-98) Rev-1503 EX+ (6-98) SCHEDULE B ~~ I STOCKS & BONDS continued COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Stuart, Grace S 21-11-1066 ITEM NUMBER CUSIP NUMBER DESCRIPTION UNIT VALUE VALUE AT DATE OF DEATH 15 a59200101 350 shares of International Business Machines -Com 183.722500 64,302.88 16 478160104 200 shares of Johnson & Johnson -Com 63.697500 12,739.50 17 a6625H100 370 shares of JPMorgan Chase & Co -Com 31.790000 11,762.30 Accrued dividend on Item 17 through date of death .25 92.50 1 g 580135101 400 shares of McDonalds Corp -Com 87.672500 35,069.00 1 g 585055106 400 shares of Medtronic Inc -Com 33.140000 13,256.00 Accrued dividend on Item 19 through date of death 0.24250 97.00 2p 67071W102 6,750 shares of Nuveen PA Dividend Advantage Municipal 13.441700 90.731.48 21 683957104 7,939.754 shares of Oppenheimer Municipal Fund -Ltd Term 14.420000 114,491.25 Municipal A 22 7a3263105 362 shares of Progress Energy Inc -Com 50.732500 18,365.17 Accrued dividend on Item 22 through date of death .0620000 224.44 23 902681105 1,500 shares of UGI Corp New -Com 26.8275 40,241.25 24 923a3V10a 774 shares of Verizon Communications -Com 36.400000 28,173.60 25 92924F1o6 300 shares of WGL Holdings Inc -Com 40.385000 12,115.50 Accrued dividend on Item 25 through date of death 0.387500 116.25 TOTAL (Also enter on Line 2, Recapitulation) 699,927.15 Copyright (c) 2002 form software only The Lackner Group, Inc. 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O v v W W .p O ~ N CJt A ~ A N O O y ~ f~D .{a O O Ca O O ~ LA 1I n D o~r0 ~C~v ~ m ~ r ~~z~ ;~ °C-nm ~~ -'-'On~ °°-~O~ ~ ~ ~ 61 w ~Z:U2 ~ ~ °ZZD ~° °~~ r ~ `~ ,p~m ~ ~ ,p-D~ ~~ ~_.,m ~ o m V O ~ cn ' c ~ i, ~ c -~ ~ ° z D~ ~ n0 m n C -~ ~ x m Z ~ ~7 ~ ~ ~ p N C4 ~ ~ ~ O J~ 000 w '~ D ~ N ~ ~ O rn cfl ~ A A ° N o v t7o W O ~ A O ~ ~ ~ ~ ~ N O v A A O O = w 0o N O O ~ O O O O ~ D U1 ~ A ~ ~ W W O O ~ .p. --' N W ~ ~ O O O O ~ O O O O ~ O O 0 0 Z Q ~ rr a ~D O D ~ -" ~ ~ fl. ~ A 00(O ~ ~n K C A -~ W W (D ~ ~ ~ =~ O O CTi ~I ~ fl ~ O O OUI U~ ' ~ O O O O O , . r Q O O O O O I/1 ~ ~~ N 'J v D < n d n ~ = a m - ~ ~ A W O N (p ~ _a p fD cfl -P A ~ < ~ --~ OJ Oo CJt LU ~ N O -~ C3~ C i-r (It O CJi O fD K Rev-1508 EX+ (6-98) SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF (FILE NUMBER Stuart, Grace S 21-11-1066 ue uin p~wnoua vi nuyau~n anu u,n ua,e uie piuceeus were ,ecerveu uy uie es,a,e. All property jointly-owned with the right of survivorship must be disclosed on schedule F. ITEM NUMBER DESCRIPTION VALUE AT DATE OF DEATH 1 Cash in safe deposit box - M&T Bank, West Shore Plaza Branch 1,282.00 2 M&T Bank Checking Account No. 82678839 -Decedent's Account 37,950.29 3 Merrill Lynch Bank Deposit Program 173,148.00 Accrued interest on Item 3 through date of death 2.22 4 1981 Volvo DL, 4 door sedan 500.00 5 Household furnishings -Furniture, jewelry, etc 24,500.00 "All furniture, jewelry, ect. to be sold. Supplemental documentation will be provided to show value, if necessary, after sale. TOTAL (Also enter on Line 5, Recapitulation) I 237,382.51 (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule E (Rev. 6-98) © M8T Bank 499 Mitchell Road, Millsboro, DE 19966 Adjustment Services Phone 888-502-4349 F ax (302) 934-2955 November 7. 2011 Goldberg Katzman P O Box 1268 Harrrisburg, PA 17108-1268 Re: Estate of Grace S Stuart Social Security: 210-36-5404 Date of Death: October 9, 2011 Dear Sir or Madam: Per your inquiry on October 28, 2011, please be advised that at the time of death, the above-named decedent had on deposit with this bank the following: 1. Type of Account Account Number Owner ship (,'Vam. ~s oj~ Opening Date Balance on Date of Deatlz Accrued Interest Total Checking Account 82678839_ Grace S Stuart James Allan Stuart III (POA) 08/28/64 $37, 950. DO $ .29 __ _. $37, 950.29 For any additional information on the above accounts, including ownership and any changes, closures and/or reimbursement of funds, please call the West Shore PIa7a Office at#717-731-1730. We were unable to locate any safe deposit box for the above-mentioned decedent. This letter does not include any accounts in which the deceased may have been listed as Power of Attorney, Custodian of Uniform Transfers, Representative Payee, or Trustee under a Written Agreement Sincerely, ~( Tammy Spencer Adjustment Services Rev-1510 EX+ (6-98) ~. SCHEDULE G ~~~~ INTER-VfVOS TRANSFERS & MISC. NON-PROBATE PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF (FILE NUMBER Stuart, Grace S 21-11-1066 This schedule must be completed and filed if the answer to any of questions 1 through 4 on the reverse side of the REV-1500 COVER SHEET is yes. ITEM NUMBER DESCRIPTION OF PROPERTY THELDATE OF TR~NSFERSATTACIi A COPYEOF TIE DEIED ~OR REAL ESTATE. DATE OF DEATH VALUE OF ASSET % OF DECD'S INTEREST EXCLUSION (IF APPLICABLE) TAXABLE VALUE 1 Gift to Ann E. Stuart, daughter, by check no 2362 2,000.00 100.000% 3,000.00 0.00 dated 7/29/11 -drawn on Merrill Lynch Account 2 Gift to James Allan Stuart, III 3/3/2011 by check no. 3,000.00 3,000.00 2261 -drawn on decedent's Merrill Lynch account 3 Gift to James Allan Stuart III, son, by check no 2169 10,000.00 100.000% 3,000.00 7,000.00 dated 12/29/2010 -drawn on Merrill Lynch Account 4 Gift to James Allan Stuart III, son, by check no 2279 3,000.00 100.000% 3,000.00 dated 4/21/2011 -drawn on Merrill Lynch Account 5 Gift to James Allan Stuart III, son, by check no 2286 4,000.00 100.000% 4,000.00 dated 5/9/2011 -drawn on Merrill Lynch Account 6 Gift to James Allan Stuart III, son, by check no 2373 2,000.00 100.000% 2,000.00 dated 8/31/2011 -drawn on Merrill Lynch Account 7 Gift to James Allan Stuart III, son, by check no 2380 6,000.00 100.000% 6,000.00 dated 9/29/2011 -drawn on Merrill Lynch Account 8 Gift to James Allan Stuart, III, son, by check no. 123 1,000.00 1,000.00 on 03/20/12 -Drawn from Merrill Lynch Account 9 Gift to James Allan Stuart, III, son, by check no. 142 2,000.00 2,000.00 dated 05/06/2012 -Drawn from Merrill Lynch Account 10 Gift to Robin N. Neenan, daughter-in-law, by check 6,000.00 3,000.00 3,000.00 no. 2252, 2/3/2011 -drawn on Merrill Lynch Account 11 Gift to Robin N. Neenan, daughter-in-law, by check 2,000.00 2,000.00 no. 2353, 7/8/2011 -drawn on Merrill Lynch Account Total of Continuation Schedule ee attached page TOTAL (Also enter on Line 7, Recapitulation) I 33,000.00 (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule G (Rev. 6-98) REV-1151 EX+110-06) ~; COM IN~ ERITANCE TAXERETURNANIA RESIDENT DECEDENT SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS ESTATE OF FILE NUMBER Stuart, Grace S 21-11-1066 Debts of decedent must be reported on Schedule I. ITEM DESCRIPTION AMOUNT NUMBER A, FUNERAL EXPENSES: See continuation schedule(s) attached B. 1 ADMINISTRATIVE COSTS: Personal Representative's Commissions Name of Personal Representative(s) Street Address City State Zip Year(s1 Commission paid 2. Attorney's Fees See continuation schedule(s) attached 3, Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant 8,385.42 13,000.00 Street Address City State Zip Relationship of Claimant to Decedent 4. Probate Fees 485.23 See continuation schedule(s) attached 5 Accountant's Fees 450.00 See continuation schedule(s) attached 6. Tax Return Preparer's Fees 7 Other Administrative Costs 5,646.56 See continuation schedule(s) attached TOTAL (Also enter on line 9, Recapitulation) 27,967.21 Copyright (c) 2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule H (Rev. 10-06) SCHEDULE H FUNERAL EXPENSES AND ADMINISTRATIVE COSTS continued ESTATE OF FILE NUMBER Stuart, Grace S 21-11-1066 ITEM NUMBER DESCRIPTION AMOUNT Funeral Ex ea nses 1 W. Orville Kimmel Funeral Home, Inc. -funeral expenses, obituary, death certificates 8,385.42 H-A 8,385.42 Attorney Fees 2 Goldberg Katzman, P.C legal fees 13,000.00 H-62 13,000.00 Probate Fees 3 Cumberland Law Journal -Publication Expense 75.00 4 Register of Wills Cumberland County, PA Probate Fees 219.50 5 The Patriot-News -Publication Expense 190.73 H-64 485.23 Accountant Fees 6 Walborn Nangle Associates -Preparation of Decedent's final returns 450.00 H-65 450.00 Other Administrative Costs 7 AT&T -November 2011 Long Distance Service to 2424 Lincoln St, Camp Hill 11.85 8 AT&T Corp -December 2011 Long Distance Service to 2424 Lincoln St., Camp Hill 12.88 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H (Rev. 6-98) SCHEDULE H FUNERAL EXPENSES AND ADMINISTRATIVE COSTS continued ESTATE OF FILE NUMBER Stuart, Grace S 21-11-1066 ITEM NUMBER DESCRIPTION AMOUNT 9 AT&T Corp -January 2012 Long Distance Service to 2424 Lincoln St, Camp Hill 12.88 10 AT&T Corp -April 2012 Long Distance Service to 2424 Lincoln St, Camp Hill 8.18 11 AT&T Corp -February 2012 Long Distance Service to 2424 Lincoln St, Camp Hill. 8.18 12 AT&T Corp -March 2012 Long Distance Service to 2424 Lincoln St, Camp Hill. 11.75 13 Camp Hill Sewer -November service to 2424 Lincoln Street, Camp Hill (Quarterly Payment) 150.00 14 Camp Hill Sewer -April service to 2424 Lincoln Street, Camp Hill (Quarterly Payment) 150.00 15 Camp Hill Sewer -January 2012 service to 2424 Lincoln Street, Camp Hill (Quarterly 150.00 Payment) 16 Central State Overhead Door -Repair garage door to 2424 Lincoln Street, Camp Hill 216.19 17 Foremost Insurance Company -Insurance on 2424 Lincoln St, Camp Hill -post death of 105.00 Decedent -Liability - $105.00 18 JC Ehrlich -Mai -Pest control 265.00 19 Jerry Sweeten Lawn Care -November 2011 lawn care for 2424 Lincoln St., Camp Hill 258.96 20 Jerry Sweeten Lawn Care -December 2011 snow removal for 2424 Lincoln St., Camp Hill 290.44 21 Jerry Sweeten Lawn Care - May 2012 lawn care for 2424 Lincoln St., Camp Hill 583.82 22 Jerry Sweeten Lawn Care -January 2012 snow removal for 2424 Lincoln St., Camp Hill 26.50 23 Jerry Sweeten Lawn Care -February 2012 snow removal for 2424 Lincoln St., Camp Hill 25.00 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H (Rev. 6-98) SCHEDULE H FUNERAL EXPENSES AND ADMINISTRATIVE COSTS continued ESTATE OF FILE NUMBER Stuart, Grace S 21-11-1066 ITEM NUMBER DESCRIPTION AMOUNT 24 Lehman Motors -Inspection on Volvo 161.04 25 Merrill Lynch Annual Charge - CMA Initial annual fee 125.00 26 Miscellaneous expenses for house 200.00 27 Penn Waste -December 2011 waste disposal for 2424 Lincoln St, Camp Hill 48.75 28 Penn Waste -March 2012 waste disposal for 2424 Lincoln St, Camp Hill 48.75 29 Pennsylvania American Water -November 2011 water service to 2424 Lincoln Street, Camp 35.76 Hill 30 Pennsylvania American Water -December 2011 water service to 2424 Lincoln Street, Camp 30.48 Hill 31 Pennsylvania American Water -October 2011 water service to 2424 Lincoln Street, Camp Hill 62.80 32 Pennsylvania American Water -May 2012 water service to 2424 Lincoln Street, Camp Hill 35.60 33 Pennsylvania American Water -March 2012 water service to 2424 Lincoln Street, Camp Hill 31.89 34 Pennsylvania American Water -April 2012 water service to 2424 Lincoln Street, Camp Hill 31.03 35 Pennsylvania American Water -January 2012 water service to 2424 Lincoln Street, Camp Hill 32.30 36 Pennsylvania American Water -February 2012 water service to 2424 Lincoln Street, Camp 29.16 Hill 37 PP&L -November 2011 electric service to 2424 Lincoln Street, Camp Hill 78.82 38 PP&L -December 2011 electric service to 2424 Lincoln Street, Camp Hill 20.96 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H (Rev. 6-98) SCHEDULE H FUNERAL EXPENSES AND ADMINISTRATIVE COSTS continued ESTATE OF FILE NUMBER Stuart, Grace S 21-11-1066 ITEM NUMBER DESCRIPTION AMOUNT 39 PP&L -October 2011 electric service to 2424 Lincoln Street, Camp Hill 75.87 40 PP&L -May 2012 electric service to 2424 Lincoln Street, Camp Hill 44.73 41 PP&L -March 2012 electric service to 2424 Lincoln Street, Camp Hill 38.66 42 PP&L -April 2012 electric service to 2424 Lincoln Street, Camp Hill 35.78 43 PP&L -January 2012 electric service to 2424 Lincoln Street, Camp Hill 38.67 44 PP&L -February 2012 electric service to 2424 Lincoln Street, Camp Hill 39.52 45 Ritters Lemoyne Hardware -Miscellaneous for 2424 Lincoln St, Camp Hill 12.80 46 Travelers Insurance -Car insurance for Volvo 662.00 47 UGI -November 2011 gas service to 2424 Lincoln St., Camp Hill 147.00 48 UGI -October 2011 gas service to 2424 Lincoln St., Camp Hill 147.00 49 UGI -April 2012 gas service to 2424 Lincoln St., Camp Hill 147.00 50 UGI -March 2012 gas service to 2424 Lincoln St., Camp Hill 70.00 51 UGI -December 2011 gas service to 2424 Lincoln St., Camp Hill 147.00 52 UGI -January 2012 gas service to 2424 Lincoln St., Camp Hill 147.00 53 UGI -February 2012 gas service to 2424 Lincoln St., Camp Hill 147.00 54 Verizon telephone service for 2424 Lincoln Street, Camp Hill -November 2011 51.76 55 Verizon telephone service for 2424 Lincoln Street, Camp Hill -December 2011 51.72 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H (Rev. 6-98) SCHEDULE H FUNERAL EXPENSES AND ADMINISTRATIVE COSTS continued ESTATE OF FILE NUMBER Stuart, Grace S 21-11-1066 ITEM NUMBER DESCRIPTION AMOUNT 56 Verizon telephone service for 2424 Lincoln Street, Camp Hill -May 2012 109.00 57 Verizon telephone service for 2424 Lincoln Street, Camp Hill -March 2012 102.38 58 Verizon telephone service for 2424 Lincoln Street, Camp Hill -April 2012 69.98 59 Verizon telephone service for 2424 Lincoln Street, Camp Hill -January 2012 51.72 60 Verizon telephone service for 2424 Lincoln Street, Camp Hill -February 2012 51.00 H-B7 5,646.56 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H (Rev. 6-98) Rev-1512 EX+112-08) SCHEDULE 1 • ~,~ ~ DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Stuart, Grace S 21-11-1066 Report debts incurred by the decedent prior to death [ha[ remained unpaid at the date of death, including unreimbursed medical expenses. (If more space is needed, additional pages of the same size) Copyright (c) 2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule I (Rev. 12-08) ~:.. -~~- ~:s~~-~~,_~ ~-----~,,~ ,~n ~.. ~ ~ -mar=: PA #047505 ki ~ ~` 737-5312 ......................... .............. . . ......... -- //~ ~. //~~ f . ~ ~/ '. . .... ........ .. ~-~~~ ~ !/ - - rs .. .. .... ......... f ... :.................... ....... ... ................... _._ .. ........ ... ... _ .- - ...---.--..~..." ......:........~~:-~r..~-.~~~-.---..~_ ......:..... ~ .-:.................................. ............... ............................................. .. ........................ ..... .... .. ..... .. .r ...... ..--- • Material and Labor in accordance with the above specifications • Any additional Material or Labor will be extra cost • All Work completed has a 1 year labor guarantee • Workers are covered by Insurance • Payment to be made as follows: (rul! ~ayme,~t Lpot~ Cornpfetion) • Estimate good for 10 days (tUfake check p~ya~le zo .avid f~Jye) Downpayment $ 1 /2 Total Price $ ~ ~ ~ ~' d~ Customer Signature ~~aa ~~gg ~~, ~$ ~a~~p ~p~ Contractox~r S4,.i~gnWa$ture .~g 9'$ e~ ~-.- ¢ s wJ4 ~ 6'Y~ra~9 ~ ~ i~.w.@ ~ £ ~ ~ C.-J Y't! f I~T~ ~-~ s ~5 I§ ~ 'a cd ~ L OJ 6 c"~ D~ ~ i S SPECIFICATIONS FOR WORK TO BE DONE: ®-AV1~ AYE PA #047505 ry .~ ~ a e~ ~.~~ ~~ ..~ ~ a ~~ ~ ~ .~_ ~__ _ ~ _ _ _ _ _ , _ ~ _ 737-5312 NAME DATE H~~ / /r~`~ r~~ ~~ I START DATE CITY ~i ~F/ t FINISH DATE PHONE # COMMENTS SPECIFICATIONS FOR WORK TO BE DONE: a .......... .......... ... ~~~. .. ~ ..... .. ........... .... . .~ . ~- _ _ ~~- ~ ~~~ • Material and Labor in accordance with the above specifications • Any additional Material or Labor will be extra cost • All Work completed has a 1 year labor guarantee • Workers are covered by Insurance • Payment to be made as follows: (Full t~ayr-r %ent Upon r°or npietior7) • Estimate good for 10 days {1~ake e%eck payaQle to t°%avia' lVyz) r Downpayment $ 1 /2 Total Price $ J Customer Signature Contractor Signature ~ ` ~ Goldberg Katzman, 1'eCo 4250 Crums Mill Road, Suite 301 P.O. Box 6991 Harrisburg, PA 17112 717-234-4161 Fed ID No: 23-2179953 January 04, 2012 Billing through 12/31/2011 Jeb & Robin Stuart 3507 North Front Street Harrisburg, PA 17110 Bill number Client -Matter Real Estate - 3505 North Front St Balance forward prior to last payment Last payment applied Net balance forward $450.00 $450.00 $0.00 Professional Services Rendered 02/22/2010 ABK Telephone conference with Jeb Stuart regarding updating his mother power of attorney to include his sister Ann so that either of them may act as agent for their mother. 02/22/2010 ABK Telephone conference with Jeb Stuart regarding power of attorney. 02/22/2010 ABK Drafted power of attorney for Jeb's mother, Grace Stuart, to add her daughter as an additional agent. Total professional services 0.40 hrs 0.10 hrs 0.80 hrs 91099 76421-00001 $50.00 $12.50 $100.00 $162.50 Stuart, Jeb & Robin Total fees billed for current period Net current charges Total balance now due 76421 - 00001 BILL SUMMARY 1.30 hrs Bill # 91099 Page # $162.50 $162.50 $162.50 Important: Payment is due upon receipt. A late fee of 1.5% per month will be charged on payments not received within 30 days of invoice date. Please include your client -matter 2 number on the check. REV-1513 EX+111-OS) ~ n~ COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE J BENEFICIARIES ESTATE OF FILE NUMBER Stuart, Grace S 21-11-1066 NAME AND ADDRESS OF RELATIONSHIP TO SHARE OF ESTATE AMOUNT OF ESTATE NUMBER PERSON(S) RECEIVING PROPERTY DECEDENT (WOrdS~ ($$$~ Do Not List Trustees I TAXABLE DISTRIBUTIONS [include outright spousal . distributions, and transfers under Sec. 9116 a 1.2 1 Robin N Stuart Daughter-in-Law 5,000.00 3507 North Front Street Harrisburg, PA 17112 2 Ann E Stuart Daughter 50.00% plus 607,907.48 1818 N. Lakeshore Drive $155,000 for Chapel Hill, NC 27514 advancement given to other 3 James A Stuart Son 50% less 325,907.48 3507 North Front Street $155,000 for Harrisburg, PA 17110 advancement for 3507 N. Front Total 938,814.96 Enter dollar amounts for distributions shown above on lines 15 throu h 18 on Rev 150 0 cover sheet, as a r o riate. NON-TAXABLE DISTRIBUTIONS: II. 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 SHEET Copyright (c) 2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule J (Rev. 11-08) Informational Copy Do Not File SCHEDULE Y-19A Inheritance Tax Paid @ 5% Discount ESTATE OF (FILE NUMBER Stuart, Grace S 21-11-1066 (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. C:\GK$2\STUARTOS.WPD 7/13/96 3:43pm TRUST AGREEMENT OF GRACE S. STUART Arnold B. Kogan, Es4. Goldberg, Katzman & Shipman PC P.O. Box 1268, 320 Market St. Harrisburg, Pennsylvania 17108-1268 C:\GILS2\STUpR7lSTUARTOS.WPD 8/13/96 2:27pm TRUST AGREEMENT Introductory Clause. This Agreement made this 13'`~ day of August, 1996, between GRACE S. STUART, an adult individual resident and domiciled in the Borough of Camp Hill, Cumberland County, Commonwealth of Pennsylvania, hereinafter referred to as the Settlor, and the same GRACE S. STUART, hereinafter also referred to as the Trustee. ARTICLE I. 1. Trustee Succession if Settlor Dies or Becomes Incapacitated. If the Settlor dies or is adjudicated to be incompetent or in the event that the Settlor is not adjudicated incompetent, but by reason of illness or mental or physical disability is, in the opinion of two licensed physicians, unable to properly handle the Settlor's own affairs, then and in that event the Trustees named below shall immediately become the Trustees under this Trust Agreement. The Settlor names the following as successor Trustees: Her son, JAMES ALLAN STUART, III and her daughter, ANN ELIZABETH STUART Third parties may rely on an affidavit by the Trustees named above stating that the successor Trustees are now acting as Trustees hereunder. ARTICLE II. 2. Description of PrQpertxTransferred. The Settlor has paid over, assigned, granted, conveyed, transferred and delivered, and by this Agreement does hereby pay over, assign, grant, convey, transfer and deliver unto the Trustee the property described in Schedule A, annexed hereto and made a part hereof, and has caused or will cause the Trustee to be designated as beneficiary of those life insurance policies described in Schedule B, annexed hereto and made a part hereof. These insurance policies, and any other insurance policies that may be delivered to the Trustee hereunder or under which the Trustee may be designated as beneficiary, the proceeds of all such policies being payable to the Trustee, and any other property that may be received or which has been received by the Trustee hereunder, as invested and reinvested (hereinafter referred to as the "Trust Estate"), shall be held, administered and distributed by the Trustee as hereinafter set forth. Trust Agreement of Grace S. Stuart Page 1 C:\GKS2\STUART\STUARTOS.WPD 8/13/96 2:27pm ARTICLE III. 3. Rights of Settlor and Trustee in Insurance Policies. During the Settlor's lifetime, the Settlor shall have all rights under any life insurance policies payable to the Trustee, including the right to change the beneficiary, to receive any dividends or other earnings of such policies without accountability therefor to the Trustee or any beneficiary hereunder, and may assign any policies to any lender, including the Trustee, as security for any loan to the Settlor or any other person; and the Trustee shall have no responsibility with respect to any policies, for the payment of premiums or otherwise, except to hold any policies received by the Trustee in safekeeping and to deliver them upon the Settlor's written request and upon the payment to the Trustee of reasonable compensation for services. The rights of any assignee of any policy shall be superior to the rights of the Trustee. If any policy is surrendered or if the beneficiary of any policy is changed, this trust shall be revoked with respect to such policy. However, no revocation of the trust with respect to any policy, whether pursuant to the provisions of the preceding sentence or otherwise, shall be effective unless the surrender or change in beneficiary: of the policy is accepted by the insurance company. Upon the death of the insured under any policy held by or known to, and payable to, the Trustee, or upon the occurrence of some event prior to the death of the Settlor that matures any such policy, the Trustee, in its discretion, either may collect the net proceeds and hold them as part of the principal of the Trust Estate, or may exercise any optional method of settlement available to it, and the Trustee shall deliver any policies on the Settlor's life held by it and payable to any other beneficiaries as those beneficiaries may direct. Payment to, and the receipt of, the Trustee shall be a full discharge of the liability of any insurance company, which need not take notice of this agreement or see to the application of any payment. The Trustee need not engage in litigation to enforce payment of any policy without indemnification satisfactory to it for any resulting expenses. ARTICLE IV. 4. Provisions for Settlor During,.Lifetime. The Trustee shall hold, manage, invest and reinvest the Trust Estate (if any requires such management and investment) and shall collect the income, if any, therefrom and shall dispose of the net income and principal as follows: a. During the lifetime of the Settlor, the Trustee shall pay to or apply for the benefit of the Settlor all the net income from this Trust. b. During the lifetime of the Settlor, the Trustee may pay to or apply for the benefit of the Settlor such sums from the principal of this Trust as in its sole discretion shall be necessary or advisable from time to time for the medical care, education, support and maintenance in reasonable comfort of the Settlor, taking into consideration to the extent the Trustee deems advisable, any other income or resources of the Settlor known to Trust Agreement of Grace S. Stuart Page 2 C:\GKS2\STUARTlSTUARTOS.R'PD 8/13/96 227pm the Trustee. ARTICLE V. 5. Settlor's Rights to Amend Change or Revoke the Trust Aureement. The Settlor may, by signed instruments delivered to the Trustee during the Settlor's life: (1) withdraw property from this Trust in any amount and at any time upon giving reasonable notice in writing to the Trustee; (2) add other property to the Trust; (3) change the beneficiaries, their respective shares and the plan of distribution; (4) amend this Trust Agreement in any other respect; (5) revoke this Trust in its entirety or any provision therein; provided, however, the duties or responsibilities of the Trustee shall not be enlarged without the Trustee's consent nor without satisfactory adjustment of the Trustee's compensation. ARTICLE VI. 6. Discretion Provisions for Trustee to Deal with Settlor's Estate and Make Payment of Debts and Taxes. After the Settlor's death, the Trustee, if in its discretion it deems it advisable, may pay all or any part of the Settlor's funeral expenses, legally enforceable claims against the Settlor or the Settlor's estate, reasonable expenses of administration of the Settlor's estate, any allowances by court order to those dependent upon the Settlor, any estate, inheritance, succession, death or similar taxes payable by reason of the Settlor's death, together with any interest thereon or other additions thereto, without reimbursement from the Settlor's executors or administrators, from any beneficiary of insurance upon the Settlor's life, or from any other person. All such payments, except of interest, shall be charged generally against the principal of the Trust Estate includable in the Settlor's estate for Federal estate tax purposes and any interest so paid shall be charged generally against the income thereof; provided, however, any such payments of estate, inheritance, succession, death or similar taxes shall be charged against the principal constituting the Trust Estate and any interest so paid shall be charged against the income thereof. The Trustee may make such payments directly or may pay over the amounts thereof to the executors or administrators of the Settlor's estate. Written statements by the executors or administrators of such sums due and payable by the estate shall be sufficient evidence of their amount and propriety for the protection of the Trustee and the Trustee shall be under no duty to see to the application of any such payments. The Trustee shall pay over to the executors or administrators of the Settlor's estate all obligations of the United States Government held hereunder which may be redeemed at par in payment of federal estate taxes. ARTICLE VII. 7. Trust Estate to the Beneficiaries Named. Upon the death of the Settlor, the Trust Estate shall be paid over and distributed, free of trust, as follows: Trust Agreement of Grace S. Stuart Page 3 C:\GI:S2\STUARTISTUARTOS.WPD 8/13/96 2:27pm a. Division. In equal shares per stirpes to Settlor's son, JAMES ALLAN STUART, III, of Susquehanna Township, Dauphin County, Pennsylvania and her daughter, ANN ELIZABETH STUART, of Chapel Hill, North Carolina, surviving Settlor or, having predeceased Settlor, leaving issue to survive. b. Advancement. The Settlor has made a gift of a property known and numbered as 3507 North Front Street, Susquehanna Township, Dauphin County, Pennsylvania to her son and his wife, ROBIN NEENAN STUART. The property has been appraised at a fair market value of One Hundred Fifty-Five Thousand Dollars ($155,000.00). The fair market value of the property of One Hundred Fifty-Five Thousand Dollazs ($155,000.00) is on account of and against whatever may be coming to Settlor's son from her assets by way of inheritance or under this will or under this Trust. The said sum shall be considered as part of her assets, but shall be deducted from Settlor's son's combined share of the Settlor's estate (whether received by inheritance or under Settlor's will) and Trust assets. The net balance of the Settlor's son's combined share of the Settlor's estate and Trust Assets shall be calculated as follows: (1) For the purposes of calculation of the Settlor's son's share only the said sum of One Hundred Fifty-Five Thousand Dollazs ($155,000.00) shall be added to Settlor's net combined estate and Trust Assets available for distribution (Gross Amount less expenses and liabilities including taxes), (2) each beneficiary's share under the Settlor's Will and this Trust shall first be calculated as if Settlor's combined Trust assets and estate included the said sum, (3) the said sum of One Hundred Fifty-Five Thousand Dollars ($155,000.00) shall then be deducted from Settlor's son's share to the extent his combined shaze equals or exceeds said sum. ARTICLE VIII, 8. Trustee Succession Trustee's Fees and Other Matters. The provisions for naming the Trustee, Trustee succession, Trustee's fees and other matters are set forth below: a. Individual Trustees Succession. If any individual Trustee should fail to qualify as Trustee hereunder, or for any reason should cease to act in such capacity, the remaining individual Trustees shall continue to serve without a successor or substitute. b. Succession If All First Individual Successor Trustees Cannot Act. If all the Settlor's First Individual Successor Trustees should fail to qualify as Trustee hereunder, or for any reason should cease to act in such capacity, then the successor or substitute Trustee who shall also serve without bond shall be ARNOLD B. KOGAN. In Trust Agreement of Grace S. Stuart Page 4 C:\Gf;S2\SNAR'IISTUARTOS.R'PD 8/13/96 2:27pm the event that Mr. Kogan cannot or is unwilling to act, I appoint DAUPHIN DEPOSIT BANK & TRUST COMPANY to act as substitute trustee. c. Fee Schedule for Individual Trustee. For its services as Trustee, the individual Trustee shall receive reasonable compensation for the services rendered and reimbursement for reasonable expenses. d. Trustee Voting Rights. If there is more than one Trustee serving, then the vote of the Trustees for any action hereunder must be by unanimous vote of the Trustees. e. Limitations on Trustees. No person who at any time is acting as Trustee, other than Settlor, hereunder shall have any power or obligation to participate in any discretionary authority which the Settlor has given to the Trustee to pay principal or income to such person, or for his or her benefit or in relief of his or her legal obligations. ARTICLE IX. 9. Definition of Trustee. Whenever the word "Trustee" or any modifying or substituted pronoun therefor is used in this Trust, such words and respective pronouns shall include both the singular and the plural, the masculine, feminine and neuter gender thereof, and shall apply equally to the Trustee named herein and to any successor or substitute Trustee acting hereunder, and such successor or substitute Trustee shall have all the rights, powers and duties, authority and responsibility conferred upon the Trustee originally named herein. ARTICLE X. 10. Powers for Trustee. By way of illustration and not of limitation and in addition to any inherent, implied or statutory powers granted to trustees generally, the Trustee is specifically authorized and empowered with respect to any property, real or personal, at any time held under any provision of this Trust Agreement: to allot, allocate between principal and income, assign, borrow, buy, care for, collect, compromise claims, contract with respect to, continue any business of the Settlor, convey, convert, deal with, dispose of, enter into, exchange, hold, improve, incorporate any business of the Settlor, invest, lease, manage, mortgage, grant and exercise options with respect to, take possession of, pledge, receive, release, repair, sell, sue for, to make distributions or divisions in cash or in kind or partly in each without regard to the income tax basis of such asset and in general, to exercise all the powers in the management of the Trust Estate which any individual could exercise in the management of similar property owned in his or her own right, upon such terms and conditions as to the Trustee may seem best, and to execute and deliver any and all instruments and to do all acts which the Trustee may deem proper or necessary to carry out the purposes of this Trust, without being limited in any way by the Trust Agreement of Grace S. Stuart Page S C:\GI:S2\STUART\STUARTOS.R~PD 8/13196 2:27pm specific grants of power made, and without the necessity of a court order. ARTICLE XI. 11. Under Age Twen -One. If any share hereunder becomes distributable to a beneficiary who has not attained the age of Twenty-one (21), such share shall immediately vest in the beneficiary, but notwithstanding the provisions herein, the Trustee shall retain possession of the share in trust for the beneficiary until the beneficiary attains the age of Twenty-one (21), using so much of the net income and principal of the share as the Trustee deems necessary to provide for the proper medical care, education, support and maintenance in reasonable comfort of the beneficiary, taking into consideration to the extent the Trustee deems advisable any other income or resources of the beneficiary or his or her parents known to the Trustee. Any income not so paid or applied shall be accumulated and added to principal. The beneficiary's share shall be paid over and distributed to the beneficiary upon attaining age Twenty-one (21), or if he or she shall sooner die, to his or her executors or administrators. The Trustee shall have with respect to each share so retained all the powers and discretions it had with respect to the trusts created herein generally. ARTICLE XII. 12. Trustee's Discretion in Making Payments to a Person Under Aye Twenty-One, Incompetent or Incapacitated Person. In case the income or principal payment under any trust created hereunder or any share thereof shall become payable to a person under the age of Twenty-one (21), or to a person under legal disability, or to a person not adjudicated incompetent, but who, by reason of illness or mental or physical disability, is, in the opinion of the Trustee unable properly to administer such amounts, then such amounts shall be paid out by the Trustee in such of the following ways as the Trustee deems best: (1) directly to the beneficiary; (2) to the legally appointed guardian of the beneficiary; (3) to some relative or friend for the care, support and education of the beneficiary; (4) by the Trustee using such amounts directly for the beneficiary's care, support and education. ARTICLE XIII. 13. Power of Trustee to Resign During Settlor's Lifetime. Any Trustee may resign this trusteeship during the Settlor's lifetime by giving the Settlor Thirty (30) days notice in writing delivered to the Settlor in person or mailed to the Settlor's last known address, the resignation to become effective as hereinafter provided. Upon receipt of such notice, the Settlor shall appoint a successor Trustee. Upon the failure of the Settlor to appoint a successor Trustee who accepts the trust within Thirty (30) days from the time notice was delivered in person or mailed to the Settlor, the Trustee may resign to the court having jurisdiction over this trust, Trust Agreement of Grace S. Stuart Page 6 C:\GICS2\STUART\STUARTOS.WPD 8/13/96 2:27pm which court may, if it deems advisable, accept the resignation and appoint a successor Trustee which shall be an individual as successor to an individual trustee or a bank or trust company qualified to do business in the state of the Settlor's domicile as successor to a corporate trustee. Upon the appointment of and acceptance by the successor Trustee, the original Trustee shall pay over, deliver, assign, transfer or convey to such successor Trustee the Trust Estate and make a full and proper accounting to the Settlor, whereupon its resignation shall become effective. The substitute or successor Trustee upon acceptance of this trust and the Trust Estate shall succeed to and have all the rights, powers and duties, authority and responsibility conferred upon the Trustee originally named herein. ARTICLE XIV. 14. ettlor Durin Lifetime to Desi nate Substitute or Successor Trustee. The Settlor during the Settlor's lifetime may name a substitute or successor Trustee by delivery to any Trustee herein a notice naming the successor or substitute Trustee and indicating an intent to replace the Trustee named. Upon receipt of such notice the Trustee named shall pay over, deliver, assign, transfer or convey to such substitute or successor Trustee (which accepts the appointment as trustee), the Trust Estate and make a full and proper accounting to the Settlor, whereupon the Trustee named shall be discharged and have no further responsibility under this Trust Agreement. Upon the failure of the Trustee to make such conveyance the Settlor may apply to the court having jurisdiction of this trust and such court may compel the conveyance by the Trustee. The substitute or successor Trustee upon acceptance of this trust and the Trust Estate shall succeed to and possess all the rights, powers and duties, authority and responsibility conferred upon the Trustee originally named herein. ARTICLE XV. 15. Discretion in T stee to Terminate Small Trust and Distribute to Income Beneficiary. If at any time any trust created hereunder has a fair market value as determined by the Trustee of Fifteen Thousand ($15,000.00) Dollars or less, the Trustee, in its absolute discretion if it determines that it is uneconomical to continue such trust, may terminate such trust and distribute the trust property to the person or persons then entitled to receive or have the benefit of the income therefrom or the legal representative of such person. If there is more than one income beneficiary, the Trustee shall make such distribution to such income beneficiaries in the proportion in which they are beneficiaries or if no proportion is designated in equal shares to such beneficiaries. ARTICLE XVI. 16. Definition of Children. For purposes of this Trust, "children" means the lawful Trust Agreement of Grace S. Stuart Page 7 C:\GKS2\STUART\STUART05.WPD 8/13/96 2:27pm blood descendants in the first degree of the parent designated; and "issue" and "descendants" mean the lawful blood descendants in any degree of the ancestor designated; provided, however, that if a person has been adopted, that person shall be considered a child of such adopting parent and such adopted child and his or her issue shall be considered as issue of the adopting parent or parents and of anyone who is by blood or adoption an ancestor of the adopting parent or either of the adopting parents. The terms "child," "children," "issue," "descendant" and "descendants" or those terms preceded by the terms "living" or "then living" shall include the lawful blood descendant in the first degree of the parent designated even though such descendant is born after the death of such parent. The term "per stirpes" as used herein has the identical meaning as the term "taking by representation" as defined in the Pennsylvania Probate Code. ARTICLE XVII. 17. Definition of Words Relating to the Internal Revenue Code. As used herein, the words "gross estate," "adjusted gross estate," "taxable estate," "unified credit," "state death tax credit," "maximum marital deduction," "marital deduction," "pass," and any other word or words which from the context in which it or they are used refer to the Internal Revenue Code shall have the same meaning as such words have for the purposes of applying the Internal Revenue Code to the Settlor's estate. For purposes of this Trust Agreement, the Settlor's "available generation- skipping transfer exemption means the generation-skipping transfer tax exemption provided in section 2631 of the Internal 'Revenue Code of 1986, as amended, in effect at the time of the Settlor's death reduced by the aggregate of (1) the amount, if any, of the Settlor's exemption allocated to lifetime transfers of the Settlor by the Settlor or by operation of law, and (2) the amount, if any, the Settlor has specifically allocated to other property of the Settlor's gross estate for federal estate tax purposes. For purposes of this Trust Agreement if at the time of the Settlor's death the Settlor has made gifts with an inclusion ratio of greater than zero for which the gift tax return due date has not expired (including extensions) and the Settlor has not yet filed a return, it shall be deemed that the Settlor's generation-skipping transfer exemption has been allocated to these transfers to the extent necessary (and possible) to exempt the transfer(s) from generation-skipping transfer tax. Reference to Sections of the Internal Revenue Code and to the Internal Revenue Code shall refer to the Internal Revenue Code amended to the date of the Settlor's death. ARTICLE XVIII. 18. imultaneous Death Provision Presumine Beneficiary Predeceases Settlor. If any beneficiary and the Settlor should die under such circumstances as would make it doubtful whether the beneficiary or the Settlor died first, then it shall be conclusively presumed for the Trust Agreement of Grace S. Stuart Page 8 C:\GKS2\STUART\STUARTOS.WPD 8/13/96 2:27pm purposes of this Trust that the beneficiary predeceased the Settlor. ARTICLE XIX. 19. Payment of Funeral Expenses and Ex._penses of Last Illness of Income Beneficiary- On the death of any person entitled to income or support from any Trust hereunder, the Trustee is authorized to pay the funeral expenses and the expenses of the last illness of such person from the principal of the Trust from which such person was entitled to income or support. ARTICLE XX. 20. State Law to Govern. This Trust Agreement and the trusts created hereby shall be construed, regulated and governed by and in accordance with the laws of the Commonwealth of Pennsylvania. ARTICLE XXI. 21. Spendthrift Provision. Except as otherwise provided herein, all payments of principal and income payable, or to become payable, to the beneficiary of any trust created hereunder shall not be subject to anticipation, assignment, pledge, sale or transfer in any manner, nor shall any beneficiary have the power to anticipate or encumber such interest, nor shall such interest, while in the possession of the fiduciary hereunder, be liable for, or subject to, the debts, contracts, obligations, liabilities or torts of any beneficiary. ARTICLE XXII. 22. Perpetuities Savings Clause. Notwithstanding anything herein to the contrary, the trusts created hereunder shall terminate not later than Twenty-one (21) years after the death of the last survivor of Jeb Stuart and Ann Stuart living on the date of the Settlor's death, when the Trustee shall distribute each remaining trust hereunder to the beneficiary or beneficiaries of the current income thereof, and if there is more than one beneficiary, in the proportion in which they Trust Agreement of Grace S. Stuart Page 9 C:\GKS2\STUART\STUARTO~.WPD 8/13/96 2:27pm are beneficiaries or if no proportion is designated in equal shares to such beneficiaries. Testimonium Clause. IN WITNESS WHEREOF, the Settlor and the Trustees have executed this Trust Agreement. WITNESSES: ~ - _i ~~ u N~t.. GRAC S. STUART SETTLOR S. G E S. STUART TRUSTEE Trust Agreement of Grace S. Stuart Page 10 C:\GI:S2\STUARTISTUARTO~.WPD 8/13!96 2:27pm COMMONWEALTH OF PENNSYLVANIA COUNTY OF CUMBERLAND ACKNOWLEDGMENTS I, {', rn r~-c't ~ ~~ _ ~ . ~~ ~ ~ 'ems , a Notary Public, within and for the Commonwealth and County aforesaid, do hereby certify that the foregoing instrument of writing was this day produced to me in the above Commonwealth and County by GRACE S. STUART, Settlor, party hereto and was executed and acknowledged by the Settlor to be the Settlor's free act and voluntary deed. WITNESS my signature this ~~ `"day of August, 1996. Signature~f=No ary Public Typed Name Hof Notary Public Notary Public for: Pennsylvania My Commission expires: NOTARIAL SEAL I<IMBERLI' D. MILLER, Notary Public !-;?,r~ishurg. Dauphin County r^„ ~•,.,~~--~_ -,~. =xpiresAug. 19, 1999 Trust Agreement of Grace S. Stuart Page 11 C:\GI:S2\STUART\STUARTOS.R'PD 8/13/96 2:27pm COMMONWEALTH OF PENNSYLVANIA COUNTY OF CUMBERLAND ACKNOWLEDGMENTS I, ~,,-,-,I~~i~ ~ . N1 ~ I !~~ a Notary Public, within and for the Commonwealth and County aforesaid do hereby certify that the foregoing instrument of writing was this day produced to me in the above Commonwealth and County and was executed and acknowledged by GRACE S. STUART, Trustee, to be the free and voluntary act and deed of the Trustee. WITNESS my signature this I~3~~`"day of August, 1996. Signature o€~lotary Public Typed Name of Notary Public Notary Public for: Pennsylvania My commission expires: NGTARIAL~ KIMBERLY D. MILLER, Notary Public Harrisburg, Dauphin County ~,Ay Commission Expires Aug. 19, 1993 Trust Agreement of Grace S. Stuart Page 12 C:\GI:S2\STUART\STUARTOS.R'PD 8/13/96 2:27pm SCHEDULE "A" List of Assets SCHEDULE A -LIST OF ASSETS TO BE TRANSFERRED TO TRUSTEE My residence at 2424 Lincoln Street, Borough of Camp, Cumberland County, Pennsylvania, and all of its contents and fixtures consisting of real, personal or mixed property. My bank accounts, stocks, bonds, and all other real, personal or mixed property I own now or may own in the future of whatever description and wherever situated. I cc ~A fl G~ ca -..) s_ 1 i GRA~E S. STUART SETTLOR ,~ -~ c~ GRA S. STUART TRUSTEE Trust Agreement of Grace S. Stuart Page 13 C:\GI~:S2\STUARTISTUARTOS.R'PD 8/li/962:27pm SCHEDULE "B" List of Insurance Policies SCHEDULE B -LIST OF INSURANCE POLICES TO BE TRANSFERRED TO TRUSTEE None. ~ c C ~ 1 J u GRA E S. STUART SETTLOR C <<~ S ~ S ~~.. GRA E S. STUART TRUSTEE Trust Agreement of Grace S. Stuart Page 14