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HomeMy WebLinkAbout07-20-12EX (Ot-10) REV-1500 1505610143 c PA Department of Revenue Pennsylvania OFFICIAL USE ONLY Bureau of Individual Taxes DEPMTMENTOFREVENUE COUnty Code Year File Number Po Box.28oso1 INHERITANCE TAX RETURN Harrisburg, PA 17128-0601 RESIDENT DECEDENT 21 11 0 0 9 0 5 ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death Date of Birth 08 15 2011 05 08 1927 Decedents Last Name Suffix Decedents First Name BANKERT MI KENNETH (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW ® 1. Original Return ^ 2. Supplemental Return ^ 3. Remainder Return (date of death prior to 12-13-82) ^ 4. Limited Estate ^ qa Future Interest Compromise (date of death after 12-12-82) ^ 5. Federal Estate Tax Return Required ^ g_ Decedent Died Testate (Attach Copy of Will) 7 Decedent Maintained a Living Trust ^ (Attach Copy of Trust) 8. Total Number of Safe Deposit Boxes ^ 9. Litigation Proceeds Received ^ ip, Spousal Poverty Credit (date of death between 12-37-97 and t-1-95) ^ 11. Election to tax under Sec. 9113(A) (Attach Sch. O) CORRESPONDENT-THIS SECTION M Nam UST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION H e OULD BE DICT ~j ED TO: SAMUEL L ANDES Daytime TelephonQy~ber t 7 17 7 61 ~ 1 L rn r ,_, i~ ~v ~ r-~- s~~ ~7 ~ , REGISTER OF ''I~I~E ONCID ~ L~ First line of address ~ ~~~ ~.;:~ c,y ._.,..~ ~' 525 NORTH 12TH STREET Second line of address f..~ ~7 City or Post Office State ~ DATE FILED ZIP Code LEMOYNE PA 17043 Correspondent's e-mail address: I a w a n d e S C~ a O I. C O m 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 knowledge. SIGNATURE OF PERSON RESPONSIBLE FOR FI NG RETU N DATE Kathleen C Huffer 12 y c,( ~y ~ I Z AUUHESS ° i 314 Shuey Road, New Cumberland, PA 17070 IGNATyRF,OF PREP OTHlel1'~ N P~NTATIVE Samuel L Andes 525 North 12th Street, Lemoyne, PA 17043 Side 1 L 1505610143 1505610143 J '~ 1505610243 REV-1500 EX Decedent's Social Security Number Decedent's Name: B A N K E R T, KENNETH RECAPITULATION 1. Real Estate (Schedule A) .......................................................................................... 1. 6 0, 0 0 0. 0 0 2. Stocks and Bonds (Schedule B) ............................................................................... 2. 3, 4 8 2, 3 0 0. 0 6 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. 1 0 8 , 6 7 2 . 8 9 6. Jointly Owned Property (Schedule F) ^ Separate Billing Requested ............. 6. 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (Schedule G) ^ Separate Billing Requested ............. 7• 8. Total Gross Assets (total Lines 1-7) ....................................................................... g. 3, 6 5 0, 9 7 2. 9 5 9. Funeral Expenses & Administrative Costs (Schedule H) ......................................... 9. 1 1 8, 4 6 6. 6 0 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) ................................ 10. 10 , 7 6 7 . 1 6 11. Total Deductions (total Lines 9 & 10) ...................................................................... 11 • 1 2 9 , 2 3 3 . 7 6 12. Net Value of Estate (Line 8 minus Line 11) ............................................................. 12, 3 , 5 21, 7 3 9.19 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made (Schedule J) ................................................. 13. 3 , 4 5 7 , 7 3 9.19 14. Net Value Subject to Tax (Line 12 minus Line 13) ................................................. 1q• 6 4 , 0 0 0 . 0 0 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 at lineal rate X .045 1 g. 17. Amount of Line 14 taxable at sibling rate X .i2 17 18. Amount of Line 14 taxable at collateral rate x .15 6 4, 0 0 0. 0 0 18. 9, 6 0 0. 0 0 1 s. Tax Due ..................................................................................................................... 19. 9. 6 0 0. 0 0 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: Bankert, Kenneth ET ADDRESS 4905 E. Trindle Road, Apt. 1050 Mechanicsburg Tax Payments and Credits: 1. Tax Due (Page 2, Line 19) 2. Credits/Payments A• Prior Payments B. Discount 3. Interest 'ATE ZIP PA ~ 17050 (1) 9,600.00 Total Credits (A +B) (2) 5,263.16 (3) 0.00 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. (4) (5) 4,336.84 Make Check Payable to: REGISTER OF WILLS, AGENT. :;s Kau T{`~`'~ ;rl~~ , .~~~ 3.1.. a4'~?'o- .k ~ `F i~:; . i~`~1.. ,A~.~:t'~'.: ~;..~ ; ~~-~ 1 ~_. `' 1 e7 {yyg ~ . 6^i~. ~.: k t _g~ ~+s T t i 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 :.............................. ~ r-~/ .. .................................................. ILU% b. retain the right to designate who shall use the property transferred or its income :.................................... c. retain a reversionary interest; or .................................................................................................................. ~ ~r d. receive the promise for life of either payments, benefits or care? .................. ~ it~v~J~ ............................................ 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? ........................... ~ ,-~/ ........................................................................................... l(S 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)j. 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 reffum 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 Vansfers 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)I. • 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 )j. • 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)1. 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. 5,000.00 263.16 File Number 21 - 11 - 00905 SCHEDULE A COMMONWEALTH OF PENNSYLVANIA REAL ESTATE INHERRANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Bankert, Kenneth FILE NUMBER 21 - 11 - 00905 All real property owned solely or as a tenant in common must tie reported at fair market value. Fair market value is defined as the price at which property would be exc anged between a willing buyer and a wilting 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 NUMBER DESCRIPTION VALUE AT DATE OF DEATH 1 Single-family residence at 217 Eutaw Avenue, Borough of New Cumberland, Cumberland 60,000.00 County, Pennsylvania. NOTE: This property had not been lived in for several years prior to decedent's death and was in advanced state of disrepair. The value here is based upon the sale prioe of the property in April of 2012. TOTAL (Also enter on Line 1, Recapitulation) I 60,000.00 COMMONWEALTH OF PENNSYLVANIA WHERRANCE TAX RETURN RESIDENT DECEDENT SCHEDULE B STOCKS & BONDS ESTATE OF Bankert, Kenneth All property jointly-owned with right of survivorship must be disclosed on Schedule F. FILE NUMBER 21 - 11 - 00905 ITEM NUMBER DESCRIPTION UNIT VALUE VALUE AT DATE OF DEATH 1 Various stocks, bonds, and simiar investments held with Wells Fargo 3,482,300.06 Advisors, all as listed with values, on the documents attached hereto. Date of death value of these assets was: TOTAL (Also enter on Ilne 2, Recapitulation) 3,482,300.06 SCHEDULE E CASH, BANK DEPOSITS, & MISC. coro+nloNwEUTH OF aENNSnvnN~A PERSONAL PROPERTY INHERRANCE TA7C RETURN RESIDENT DECEDENT ESTATE OF Bankert, Kenneth FILE NUMBER 21 - 11 - 00905 Include the proceeds 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 NUMBER DESCRIPTION VALUE AT DATE OF - DEATH 1 Household furnishings and other tangible personal property. Value established by public sale 8,495.00 of items in April, 2012. 2 Sovereign Bank money market account No. 7741 01 1 1 3. This account was held in the joint names of decedent and his power-of-attorney agent, Kathleen C. Huffer. However, all of the funds in the account belonged to the decedent and Ms. Huffer's name was on it only as a matter of convenience. Also, approximately four days before the death of decedent, Ms. Huffer withdrew $25,000 to pay various expenses. We have included 100% of the balance in the account before that withdrawal as the interest of the decedent on the date of his death. 3 Sovereign Bank savings account No. 571 1 391 24 (date of death balance). 4 1978 Ford F-150 pickup truck in poor condition. Value based upon sale to third party. 5 Rebate from Country Meadows Nursing Facility. 6 Refund from Verizon Cable 7 ~ Sale of assorted clothing 8 I Payment from State Employees Retirement System for past pension payments not made prior to date of death. TOTAL (Also enter on Line 5, Recapitulation) 61,934.78 29, 302.56 1,000.00 1,576.00 19.06 80.00 6,265.49 108,672.89 MULE H COMMONWEALTH OF PENNSYLVANIA ~• y" '~ 0[ INHERR'ANCE TAX RETURN /~ry~p~~w~ RESIDENT DECEDENT r71.~1Y9'~7, I~W ESTATE OF Bankert, Kenneth FILE NUMBER 21 - 11 - nncan~ Debts of decedent must be reported on Schedule L ITEM _ NUMBER FUNERAL EXPENSES: DESCRIPTION AMOUNT A. 1 I All funeral expenses were prepaid B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Name of Personal Representative(s) Kathleen C. Huffer Street Address 314 Shuey Road city New Cumberland state PA zip 17070 Year(s) Commission paid 2012 2. Attorney's Fees Samuel L. Andes 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant Street Address City State Zip Relationship of Claimant to Decedent 4. Probate Fees Register of Wills (probate fee) Register of Wills (short certificates) 5. Accountants Fees 6. Tax Return Preparer's Fees 7. Other Administrative Costs 1 Cumberland Law Journal (advertising) 74,390.00 37,000.00 1,769.50 20.00 75.00 TOTAL (Also enter on line 9, Recapitulation) 118,466.60 Sd~ed~ie H COMMONWEALTH OF PENNSYLVANIA /~~,, " "-'~ ~"F"^ ""~" K INHERITANCE TAX RETURN ~~'rticdw.f~.... /'-,~,,.,a.. RESIDENT DECEDENT ~~ ~~`~'`Y'`~~'f~111~~N1JO67 ESTATE OF Bankert, Kenneth 2 The Sentinel (advertising) 3 Investigation Network Associates (fee to locate heir) 4 Clauser Real Estate Appraisals 5 Chuck Bricker (auctioneer fees and costs) 6 Gingrich Memorials (headstone) 7 Culhane's Restaurant (post-funeral reception} 8 Labor and supplies to clean house FILE NUMBER 21 - 11 - 00905 157.68 60.00 375.00 2, 800.00 736.00 583.42 500.00 Page 2 of Schedule H SCHEDULEI DEBTS OF DECEDENT, MORTGAGE COMMONWEALTH OF PENNSYLVANIA LIABILITIES, & LIENS MHERR'ANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Bankert, Kenneth FILE NUMBER 21 - 11 - 00905 Report debts incurred by the decedent prior to death that remained unpaid at the date of death, including unreimbursed medical expenses. ITEM NUMBER DESCRIPTION AMOUNT 1 Pennsylvania realty transfer tax for sale of residence 600.00 2 Municipal and county taxes for real estate (less portion collected at sale of property) 557.90 3 U.S. Treasury (Decedent's 2011 federal income tax) 2,983.00 4 Pennsylvania Department of Revenue (Decedent's 2011 personal income tax) 1 778.00 5 Capitol Oil (oil bill for residence) 374.00 6 New Cumberland Borough Sewer Authority (sewer bill for residence) 195.10 7 West Shore Emergency Medical Services (ambulance bill) 108 28 8 D&D Septic 85.90 9 Brian Wentz Hauling (fee for clean out of residence) 300.00 10 Brown Schultz Sheridan Fritz (accounting bill) 1,175.00 11 PA American Water Company 22.56 12 Lawn mowing fees 250.00 13 RX Continuing Care (decedent's prescri tion bill p s) 77 42 14 Country Home Nurses (decedent's private duty nurses) 2,260.00 TOTAL (Also enter on Line 10, Recapitulation) 10,767.16 REV-1513 EX+(11-08) SCHEDULE J COMMONWEALTH OF PENNSYLVANIA BENEFICIARIES INHERITANCE TAX RETURN RESID ENT DECEDENT ESTATE OF Bankert, Kenneth NUMBER NAME AND ADDRESS OF PERSON(S) _ RECEIVING PROPERTY I~ TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 9116 (a) (1.2)] 1 Edward Erney 2731 North 2nd Street Harrisburg, PA 17110 FILE NUMBER 21 - 11 - 00905 RELATIONSHIP TO SHARE OF ESTATE AMOUNT OF ESTATE DECEDENT (Words) Do Not Llat Trustee/sl ($$$) friend 2 Joan L. Erney 505 Park Avenue New Cumberland, PA 17070 3 Russell M. Whisler, Jr. 915 Cassel Road Manchester, PA 17345 friend friend Enter dollar amounts for distributions shown above on lines 15 through 18 on Rev 1500 coverisheet, 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 1 See attachment. 5,000.00 5,000.00 5,000.00 3,457,739.19 TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET 3,457,739.19 REV-1513 EX+(100) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE J BENEFICIARIES continued CJIAIC Vf- Bankert, Kenneth NUMBER NAME AND ADDRESS OF PERSONS () RELATIONSHIP TO DECEDENT _ RECEIVING PROPERTY Do Not Llst Trustee(s) I~ TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 9116 (a) (1.2)J 4 Judy Yanoncak friend R.D. 1 Lykens, PA 17048 5 John Yanoncak friend R.D. 1 Lykens, PA 17048 6 Amber Leibic friend (This gift lapsed because Ms. Leibic died before decedent) 7 Hilda Stein friend 615 Arsenal Road York, PA 17406 8 Mitchel K. Wolfe friend 950 Orchard Road Camp Hill, PA 17011 9 James Samois friend 701 Midland Drive Mechanicsburg, PA 17055 10 Carolyn Ann Kessler friend 179 S. 4th Street, Box 191 Mt. Wolf, PA 17347 11 James J. Huffer friend 314 Shuey Road New Cumberland, PA 17070 12 Serene Noble friend 703 YMCA Drive New Cumberland, PA 17070 13 Robert Noble friend 703 YMCA Drive New Cumberland, PA 17070 FILE NUMBER 21 - 11 - 00905 SHARE OF ESTATE AMOUNT OF ESTATE (Words) ~$gg) 5,000.00 5,000.00 0.00 5, 000.00 5,000.00 5,000.00 10,000.00 10,000.00 2,000.00 2,000.00 Page 2 of Schedule J Estate of Kenneth Bankert File No. 21-11-00905 Attachment to Schedule J The balance of the Decedent's assets were left to a trust to be titled the "Kenneth Bankert Family Foundation" which is to be qualified under Section 501(c)(3) of the Internal Revenue Code as a trust created and operated for educational and charitable purposes. A copy of the Decedent's will is attached hereto and the provisions for the trust are set out in Item VI of the will. Entire residue of estate after specific gifts to individuals listed in Section I of Schedule J, or $3,457,739.19 Date of Death: 08/15/2011 Valuation Date: 08/15/2011 Processing Date: 09/02/2011 Estate Valuation Estate of: Kenneth 8. Bankert Account: -5955 Report Type: Date of Death Number of Securities: 104 Pile ID: Bankert,5955,Renaeth006576 Shares Identifier or Par Security Description High/Ask Low/Hid Mean sad/or Security Div and Int Adjustments Value Accruals 1) 001055102 900 AFLAC INC COM New York stock Exchange 08/15/2011 38.17000 37.36000 H/L Div: 0.300000 Ex: OB/15 Rec: 08/17 Pay: 09/01/11 + 37.765000 0.300000 38.065000 34,256.50 2) 002068102 4270 AT&T INC COM New York Stock Exchange 08/15/2011 28.65000 28.34000 H/L 28.595000 122,100.65 3) 009158106 700 AIR PRODS ~ CHBMS INC COM New York Stock Exchange 08/15/2011 82.99000 80.90000 H/L 81.945000 57,361.50 4) 017418102 800 ALLHGHBNY TBCHNOLOGISS INC COM New York Stock Exchange 08/15/2011 49.62000 48.57100 H/L 49.095500 39,276.40 5) 053015103 1100 ADTOMATIC DATA PROC833ING INC COM The NASDAQ Stock Market LLC 08/15/2011 47.89000 47.00000 H/L 47.445000 52,184.50 6) 05964H105 2072 HANCO 3ANTANDHR sA ADR New York Stock Exchange 06/15/2011 9.49000 9.11000 H/L 9.300000 19,269.60 7) 064058100 200 BANK OP NEW YORK MBLLON CORP COM New York Stock ~cchaage OB/15/2011 20.90000 20.11000 H/L 20.505000 4,101.00 8) 110122108 2000 BRISTOL MYBRS SQDIBB CO COM New York Stock 8xchange 06/15/2011 28.20000 27.78000 H/L 27.990000 55,960.00 9) 166764100 514 CHEVRON CORP NSW COM New York Stock Exchange OB/15/2011 99.23000 96.79000 H/L 98.010000 50,377.14 10) 172967424 66 CITIGROIIP INC COM NBW New York Stock 8xchaage 06/15/2011 31.32000 30.25000 H/L Div: 0.01 8x: 07/28 Rec: OB/O 1 Pay: 08/ 26/11 30.785000 2,031.81 0.66 11) 20030N101 411 COMCAST CORP NEW CL A The NASDAQ Stock Market LLC 08/15/2011 21.33500 20.66000 H/L 20.997500 8,629.97 Page 1 * Pleaae nee the final page for IMPORTANT INFORMATION ASODT THB 83TATE VALIIATION REPORT * and l Wells Fargo Advisors does not reader tax or legal egal advisors. Wells Far o Advisors i th t d advice. If you have any . questions please consult with your tax g s e ra e name used by three separate Advisors, LLC, Wells Fargo Advisors Pinancial Network LLC and Well F registered broker-dealers: Wells Fargo , affiliates of s argo I Wells Fargo & Company. nves tments, LLC, Members BIPC, non-bank Date of Death: 06/15/2011 Valuation Date: 08/15/2011 8state of: Kenneth B. Bankert Processing Date: 09/02/2011 Account: -5955 Report Type: Date of Death Number of Securities: 104 File ID: Bankert,5955,Kenaeth006578 Shares Security Mean and/or Security Div and Int Identifier or Par Description High/Ask Low/Hid Adjustments Value Accruals •a) 208250104 1000 CONOCOPHILLIPS COM New York Stock Bxchange 08/15/2011 68.25000 66.78000 H/L Div: 0.66 Ex: 07/21 Rec: 07/25 Pay: 09/01/11 67.515000 67,515.00 13) 244199105 400 D88RB & CO COM New York Stock Exchange 08/15/2011 76.60000 75.37000 H/L 75.985000 30,394.00 14) 252710102 900 DIAMOND OFFSHORE DRILLING INC COM New York Stock ~cchange 08/15/2011 63.99000 62.47000 H/L Div; 0.875 Ex: 07/28 Rec: OB/O1 Pay: 09/01/11 63.230000 56,907.00 15) 29246J200 14 EMRISB CORD COM NSW NYSE Arca 8quities IDcchange 08/15/2011 0.60000 0.60000 H/L 0.600000 8.40 16) 302316102 2792 EXRON MOBIL CORD COM New York Stock Exchange 08/15/2011 74.37500 72.75000 H/L Div: 0.47 8x: OB/10 Rec: 08/12 Pay: 09/09/11 73.562500 205,386.50 17) 345370860 2000 FORD MTR CO DEL COM PAR $0.01 New York Stock Exchange 06/15/2011 11,37000 11.17000 H/L 11.270000 22,540.00 18) 349631101 805 PORTDNB BRANDS INC COM New York Stock Exchange 08/15/2011 56.62000 55,72000 A/L Div: 0.19 Ex: OB/OB Rec: OB/10 Pay: 09/01/11 56.170000 45,216.85 19) 360271100 2000 FIILTON FINL CORP PA COM The NASDAQ Stock Market LLC 08/15/2011 8.51000 8.31000 H/L 8.410000 16,620.00 20) 369604103 1700 GENERAL ELECTRIC CO COM New York Stock Exchange 08/15/2011 16.41000 16.08000 H/L 16.245000 27,616.50 21) 381416104 350 GOLDMAN 3ACHS GROIIP INC COM New York Stock Exchange 08/15/2011 119.70000 116.00000 H/L 117.850000 41,247.50 22) 382550101 700 GOODYEAR TIRE & RIIBR CO COM New York Stock 8xchange 660.00 787.50 1,312.24 152.95 08/15/2011 14.03000 13.65000 H/L 13.640000 9,688.00 Page 2 " Please see the final page for IMPORTANT INFORMATION ABOVE TH8 ESTATE VALDATION REPORT, w Wells Fargo Advisors does not render tax or legal advice. if you have any questions please consult with your tax sad legal advisors. Wells Fargo Advisors is the trade name used by three separate registered broker-dealers: Wells Fargo Advisors, LLC, Wells Fargo Advisors Financial Network, LLC sad Wells Fargo investments, LLC, Members SIPC, non-bank affiliates of Wells Fargo ~ Company, Date of Death: 08/15/2011 Valuation Date: 08/15/2011 8state of: xenneth E. Bankert Processing Date: 09/02/2011 Account: -5955 Report Type: Date of Death Number of Securities: 104 Pile ID: Bankert,5955,xenneth006578 identifier Shares or Par Security Description High/Ask Low/Hid Mean and/or Adjustments Security Div and Iat v l a ue Accruals 23) 35906A108 400 FRONTIER COMMDNICATIONS CORP COM New York Stock Exchange 08/15/2011 7.19000 7.01000 H/L 7.100000 2,@40.00 24) 412822108 600 RAREFY DAVIDSON INC COM New York Stock Exchange 08/15/2011 38.55000 37.43000 H/L 37.990000 22,794.00 25) 415864107 5@38 HARSCO CORD COM New York Stock Exchange 08/15/2011 22.69000 22.29000 H/L 22.490000 131,296.62 26) 427@66108 2342 HERSHEY CO COM New York Stock Exchange 08/15/2011 56.79000 55.71000 H/L 56.250000 131,737.50 27) 438516106 423 HONEYWELL INTL INC COM New York Stock Exchange 0@/15/2011 47.@1000 46.84000 H/L 47.325000 20,018.4@ 28) 446413106 117 HIINTINGTON INGALLS TND3 INC COM New York Stock Exchange 08/15/2011 28.71000 28.12000 H/L 2@.415000 3,324.56 29) 450628108 1000 IBBRIAHANx CORD COM The NASDAQ Stock Market LLC O@/15/2011 47.07000 46,46000 H/L 46.765000 46,765.00 30) 459200101 400 INTERNATIONAL BII31N8S3 MACHS COM New York stock 8xchange 0@/15/2011 174.00000 170.39000 H/L 172.195000 66,878.00 Div: 0.75 Sx: 08/08 Rec: 08/10 Pay: 09/10/11 300.00 31) 47@160104 400 JOHNSON ~ JOHNSON COM New York Stock 8xchaage 08/15/2011 64.62000 63.61000 H/L 64.115000 25,646.00 32) 532457108 1400 LILLY SLI & CO COM New York Stock Exchange 06/15/2011 35.@5000 35.11000 H/L 35.4@0000 49,672.00 Div: 0.49 8x: OB/11 Rec: OB/15 Pay: 09/09/11 686.00 33) 544001605 57.628 LORD A888TT AFPILIATSD FD INC CL F Mutual Pund (as quoted by NASDAQ) 0@/15/2011 10.36000 Mkt 10.360000 597.03 Page 3 • Please see the final page for IbD?ORTANT INFORMATION ABORT THS 83TAT8 VALIIATION REPORT. Wells Fargo Advisors does not reader tax or legal advice. If you have any questions please consult with your tax and legal advisors. Wells Pargo Advisors is the trade name used by three separate registered broker-dealers: Wells Fargo Advisors, LLC, Wells Fargo Advisors Pinancial Network, LLC and Wells Pargo Investments, LLC, Members 3IPC, non-bank affiliates of Wells Fargo ~ Company. Date of Death: 06/15/2011 Valuation Date: 08/15/2011 Processing Date: 09/02/2011 Estate of: Kenneth 8. eankert Account: -5955 Report Type: Date of Death Number of Securities: 104 File ID: Baakert,5955,Keaaeth006578 Shares Security I dentifier or Par Description High/Ask Low/Bid Mean and/or Security Div sad int Adjustments Value Accruals 34) 55261F104 1000 M & T BK CORP COM New York Stock 8xchaage 08/15/2011 74.82000 73.68000 H/L 74.250000 74,250.00 35) 565849106 1400 MARATHON OIL CORP COM New York Stock Exchange 06/15/2011 27.57000 26.92000 H/L Div: 0.150000 Sx: 08/15 Rec: 08/17 Pay: 09/12/11 + 27.245000 0.150000 27.395000 38,353.00 36) 56585A102 700 MARATHON PETE CORD COM New York Stock 8xchange 08/15/2011 39.65000 37.89000 H/L Div: 0.200000 Sx: 08/15 Rec: 08/17 Pay: 09/12/11 + 30.200000 38.970000 27,279.00 37) 654902204 1000 NOKIA CORD SPONSORED ADR New York Stock Exchange 08/15/2011 6.34000 5.87500 H/L 6.107500 6,107.50 38) 655664100 1200 NORDSTROM INC COM New York Stock Exchange 08/15/2011 44.84000 43.36000 H/L 44.100000 52,920.00 39) 655844108 1000 NORFOLK SODTHERN CORP COM New York stock Exchange 08/15/2011 69.40000 68.07000 H/L Div: 0.43 Ex: 08/03 Rec: 08/05 Pay: 09/ 10/11 68.735000 68,735.00 430.00 40) 666807102 702 NORTHROP GRi)AmIAN CORD COM New York Stock Exchange 08/15/2011 53.37000 51.57000 H/L 52.470000 36,833.99 41) 693517106 4000 PPL CORD COM New York Stock Exchange 08/15/2011 26.77000 26.13000 H/L 26.450000 105,800.00 42) 693475105 883 PNC FINL SVGS GROIIP INC COM New York stock Exchange 08/15/2011 47.91000 47.18000 H/L 47.545000 41,982.24 43) 701492100 1906 PARKVALB FINL CORD COM The NASDAQ Stock Market LLC 06/15/2011 19.31000 18.69000 H/L 19.000000 36,214.00 44) 707569109 700 PENN NATL GAMING INC COM The NASDAQ Stock Market LLC 08/15/2011 39.14000 37.47000 H/L 38.305000 26,813.50 Page 4 * Please see the final page for Ib~ORTANT INFORMATION ASODT THE ESTATE VALIIATION REPORT. Wells Fargo Advlsora do t - and le es no render tax or gal advisors. Wells Fargo Advisors is the t legal advice. If you have d any questions pl ease consult with your tax Advisors, LLC, Wells ra e name used by three eeparatn registered broker-dealers: Fargo Advisors Financial Network, LLC sad Wells Par o Inve t Wells Fargo g affiliates of Wells Fargo & Company. s ments, LLC, Members SIPC, non-bask Date of Death: OS/15/2011 Valuation Date: 08/15/2011 Estate of: Kenneth E. Baakert Proce ssing Date: 09/02/2011 Account: -5955 Report Type: Date of Death Number of Securities: 104 File ID: Bankert,5955,Renneth006578 Shares Security I dentifier or Par Description High/Ask Low/Bid Mean and/or Adjustment Security Div and Int V l s a ue Accruals 45) 717061103 1289 PFIZBR ]NC COM New York Stock Exchange 08/15/2011 18.39000 18.00000 H/L Div: 0.2 Hx: 08/03 Rec: 08/05 Pay: 09/06/11 18.195000 23,453.36 257.80 46) 720186105 750 PIEDMONT NAT GA3 INC COM New York Stock Exchange 08/15/2011 29.60000 28.96000 H/L 29.280000 21,960.00 47) 746916402 39.873 PDTNAM NEW OPPORTDNITIES FD MQLTICAP GRW Y Mutual Pund (as quoted by NASDAQ) 08/15/2011 49.99000 Mkt 49.990000 1,993.25 46) 66764P109 1022 SIINOCO INC COM New York Stock Exchange OB/15/2011 36.77000 34.72000 H/L Div: 0.15 Ex: 08/09 Rec: OB/11 Pay: 09/09/11 35.745000 36,531.39 153.30 49) 882508104 3200 TEXAS INSTRS INC COM New York Stock 8xchange 08/15/2011 27.58000 27.19000 H/L Div: 0.13 Bx: 07/28 Rec: OB/O1 Pay: 08/22/11 27.385000 87,632.00 416.00 50) 884315102 601 THOMAS & BETTS CORP COM New York Stock 8xchange 06/15/2011 43.99600 43.35000 H/L 43.673000 34,982.07 51) 903914109 1000 OLTRA PHTROLHDM CORP COM New York Stock Exchange 08/15/2011 38.85000 37.65000 H/L 38.250000 38,250.00 52) 913017109 700 DNITED TECHNOLOGIES CORP COM New York Stock 8xchaage 08/15/2011 73.70000 72.20000 H/L 72.950000 51,065.00 53) 92343V104 1670 VERIZON COMMDNICATIONS INC COM New York Stock Exchange OS/15/2011 35.10000 34.42000 H/L 34.760000 56,049.20 54) 949746101 597 WELLS FARGO ~ CO NEW COM New York Stock Exchange 08/15/2011 25.06000 24.54500 H/L Div: 0.12 Fac: 08/03 Rec: 08/05 Pay: 09/ 01/11 24.802500 14,807.09 71.64 55) 92839II115 1 VISTEON CORD WT E%P 100515 Financial Times Interactive Data 08/15/2011 16.00000 16.00000 H/L 16.000000 16.00 Page 5 "' Please nee the final page for IDTpORTANT INFORMATION AHODT THB ESTATE VALIIATION REPORT. x Wells Fargo Advisors does not render tax or legal advice. If you have any questions please consult with your tax and legal advisors. Wells Pargo Advisors is the trade name used by three separate registered broker-dealers: Wells Fargo Advisors, LLC, Wells Fargo Advisors Financial Network, LLC and Wells Fargo Investments, LLC, Members SIPC, non-bank affiliates of Wells Fargo & Company. Date of Death: 08/15/2011 Valuation Date: 06/15/2011 Satate of: Kenneth S. Saakert Processing Date: 09/02/2011 Account: -5955 Report Type: Date of Death Number of Securities: 104 File ID: Baakert,5955,Renaeth006578 Shares security Identifier or Par Description High/Ask Mean and/or Security Div and iat Low/Hid Adjustments Value Accruals 56) 01728ATV8 20000 ALLSGHffi~1SC CNTY PA HOSP DSV ADT Financial Times Interactive Data DTD: 04/01/1998 Mat: 05/01/2023 5.125$ OB/15/2011 93.58700 Mkt Int: 05/01/2011 to 08/15/2011 93.587000 18,717.40 298.96 57) 01729SRD8 35000 ALLEGHENY CNTY PA HIGHER 8D BL Piaancial Times Interactive Data DTD: 05/15/2006 Mat: 05/01/2036 4.8$ 08/15/2011 87.06800 Mkt int: 05/01/2011 to 08/15/2011 87.068000 30,473.60 490.00 58) 0845388H6 10000 BSRR3 CNTY PA MIIN ADTH RSV Financial Times Interactive Data DTD: 09/01/1998 Mat: 03/01/2028 5$ 08/15/2011 100.01000 Mkt Int: 03/01/2011 to 08/15/2011 100.010000 10,001.00 229.17 59) 064538SZ6 30000 BHRKS CNTY PA MIIN AIITH RSV Financial Times Interactive Data DTD: 10/15/1998 Mat: 05/15/2018 5.7$ 08/15/2011 96.09800 Mkt Iat: 05/15/2011 to 08/15/2011 96.098000 28,829.40 432.25 60) 0845388Y9 20000 BSRR3 CNTY PA MON AIITH RSV Financial Times Interactive Data DTD: 10/15/1998 Mat: 05/15/2015 5.5$ 08/15/2011 98.56600 Mkt int: 05/15/2011 to 08/15/2011 98.566000 19,713.20 278.06 61) 084538GF8 15000 BERR3 CNTY PA MIIN ADTH REV Financial Times Interactive Data DTD: 07/15/2009 Mat: 11/01/2031 5.5$ 08/15/2011 104.76200 Mkt Zat: 05/01/2011 to 08/15/2011 104.762000 15,714.30 240.63 62) 118615AD5 35000 BIICRS CNTY PA INDL DSV ADTH SN Pinaacial Times Interactive Data DTD: 03/01/1998 Mat: 03/01/2033 5.6$ 06/15/2011 100.00400 Mkt Int: 03/01/2011 to 08/15/2011 100.004000 35,001.40 898.33 63) 2306148V7 25000 CIIMBSRLAND CNTY PA MIIN ADTH RS Pinancial Times Interactive Data DTD: 12/10/2009 Mat: 01/01/2029 6.125$ 08/15/2011 101.73600 Mkt Int: 07/01/2011 to 08/15/2011 101.738000 25,434.50 191.41 64) 230614BQ1 20000 CIIMB~+r.nun Qty pA MIIN AIITH R8 Financial Times Interactive Data DTD: 01/01/2003 Mat: 12/01/2026 5$ 08/15/2011 91.95400 Mkt Int: 06/01/2011 to 08/15/2011 91.954000 18,390.80 208.33 65) 238258CR8 25000 DAIIPHIN CNTY PA GSN AIITH HSALT Financial Times interactive Data DTD: 06/24/2009 Mat: 06/01/2029 6$ 08/15/2011 103.57100 Mkt Int: 06/01/2011 to 08/15/2011 103.571000 25,892.75 312.50 Page 6 * Please nee the final page for II•SORTANT INFORMATION ABOOT TH8 ESTATE VALIIATION REPORT * Well F s argo Advisors does not reader tax or legal advice. and legal advisors. Wells Fargo Advisors is th t d . If you have any questions please consult with your tax e ra e name used by three separate registered broker-dealers: Wells Fargo Advisors, LLC, Wells Fargo Advisors Financial Network LLC and Well F , s argo IavestmeIIta, LLC, Members 3IPC, non-bank affiliates of Wells Fargo & Company. Date of Death: 08/15/2011 Valuation Date: 08/15/2011 8state of: Kenneth E. eaakert Processing Date: 09/02/2011 Account: -5955 Report Type: Date of Death Number of Securities: 104 File ID: Bankert,5955,Renaeth006578 Shares Security Identifier or Par Description High/Ask Mean sad/or security Div and Int Low/Bid d A juatmeata Value Accruals 66) 246006MW7 10000 DBLAWARB CNTY PA AIITH HOSP R8V Financial Times Interactive Data DTD: 04/01/1996 Mat: 12/01/2013 5.125$ 08/15/2011 100.09900 Mkt Iat: 06/01/2011 to 08/15/2011 100.099000 10,009.90 106.77 67) 246003HM2 20000 DBLAWARB CNTY PA ADTH COLLEGE Pinancial Times Interactive Data DTD: 10/01/2003 Mat: 07/01/2033 5$ 08/15/2011 91.30500 Mkt int: 07/01/2011 to 08/15/2011 91.305000 18,261.00 125.00 68) 246003J37 15000 DBLAWARB CNTY PA ADTH COLLEGE Pinancial Times Interactive Data DTD: 02/01/2007 Mat: 07/01/2029 4.5$ 08/15/2011 82.44200 Mkt Znt: 07/01/2011 to 08/15/2011 82.442000 12,366.30 84.38 69) 246006PR0 20000 DELAWARB CNTY PA ADTH HOSP R8V Pinancial Times Interactive Data DTD: 02/01/2002 Mat: 12/15/2D31 6.25$ 06/15/2011 103.96300 Mkt Iat: 06/15/2011 to 08/15/2011 103.963000 20,792.60 211.81 70) 295933SX0 20000 BRIE PA HIGHER SD BLDG ADTH CO Financial Times Interactive Data DTD: 10/01/2004 Mat: 03/15/2020 4.75$ 08/15/2011 100.84000 Mkt Int: 03/15/2011 to 08/15/2011 100.840000 20,168.00 398.47 71) 31340YPX1 10000 PHLMC S8RI8S 44 Financial Times Interactive Data Mat: 05/15/2020 9.000$ Fact: 0.04993823 08/15/2011 113.38492 Mkt Int: 07/15/2011 to 08/14/2011, payable 09/15/2011 113.384920 566.22 Full coupon paid on 08/15/2011 3.75 72) 367748RY5 20000 GATEWAY PA 3CH DI3T ALLEGHANY Financial Times Interactive Data DTD; 01/01/2007 Mat: 07/15/2027 5$ 08/15/2011 106.34600 Mkt Iat: 07/15/2011 to 08/15/2011 106.348000 21,269.60 86.11 73) 70917NII69 20000 PENNSYLVANIA ST HIG88R 8DL PAC Financial Times interactive Data DTD: 01/15/2005 Mat: 11/01/2036 5$ 08/15/2011 101.06900 Mkt Int: 05/01/2011 to 08/15/2011 101.069000 20,213.80 291.67 74) 505480027 25000 LACRAWANNA CNTY PA Financial Times Interactive Data DTD: 06/01/2D09 Mat: 09/15/2034 6$ 08/15/2011 107.32800 Mkt Int: 03/15/2011 to 08/15/2011 107.328000 26,832.00 629.17 75) 514045II80 20000 LANCA3TBR CNTY PA HOSP ADTH R8 Financial Times Interactive Data DTD: 08/01/1998 Mat: 09/01/2018 5.7$ 08/15/2011 94.08500 Mkt Int: 03/01/2011 to 08/15/2011 94.085000 18,817.00 522.50 Page 7 " Please see the final page for IMPORTANT INFORMATION ABORT TH8 89TAT8 VALIIATION RBPORT. Wells Fargo Advisors doe t s no reader tax or legal advice. and legal advisors. Wells Pargo Advisors is the trad If you have nay queatioaa please consult with your tax e name used by three separate registered broker-dealers: Wells Fargo Advisors, LLC, Wells Pargo Adviaora Pinancial Network, LLC sad Wells Far o Invest t g men s, LLC, Members SIPC, non-bank affiliates of wells Pargo & Company. Date of Death: 08/15/2011 Valuation Date: 06/15/2011 Processing Date: 09/02/2011 Sharee identifier or Pax 76) 514045VR6 77) 524805300 78) 514045ZB2 79) 522455AT1 80) 524805Y28 81) 550804AH1 82) 61360PAV2 83) 613604IIR6 84) 664714AR3 85) 663507CL3 8state of: xenaeth B. Baakert Account: -5955 Report Type: Date of Death Number of Securities: 104 File ID: Bankert,5955,xenaeth006578 Security Mean and/or Security Div sad Int Description High/Ask Low/Bid Adjustments Value Accruals 40000 LANCASTER CNTY PA HOSP AIITH RB Financial Times Interactive Data DTD: 08/01/1999 Mat: 04/01/2019 6.6$ 08/15/2011 100.35300 Mkt Iat: 04/01/2011 to 08/15/2011 100.353000 25000 LHHIGH CNTY PA GEN PIIRP AIITH R Financial Times Interactive Data DTD: 06/23/2004 Mat: 11/01/2034 5.625$ 08/15/2011 100.17900 Mkt Int: 05/01/2011 to 08/15/2011 100.179000 20000 LANCASTER CNTY PA HOSP ADTH RS Financial Times Interactive Data DTD: 01/23/2008 Mat: 07/01/2040 6.5$ 08/15/2011 99.08900 Mkt Int: 07/01/2011 to 08/15/2011 99.069000 25000 L88ANON CNTY PA HHALTH FAGS AII Financial Times Interactive Data DTD: 12/15/2002 Mat: 11/15/2035 6$ 08/15/2011 90.98800 Mkt Iat: 05/15/2011 to 08/15/2011 90.986000 20000 LBEiIGH CNTY PA GEN PIIRP ADTH R Financial Times Interactive Data DTD: 08/01/2002 Mat: 12/15/2023 5.125$ 08/15/2011 99.58600 Mkt iat: 06/15/2011 to 08/15/2011 99.586000 70000 LYCOMING CNTY PA ADT$ HHALTH 3 Financial Times Interactive Data DTD: 10/22/2009 Mat: 07/01/2039 5.75$ 08/15/2011 95.84500 Mkt Int: 07/01/2011 to 08/15/2011 95.845000 55000 MONTGOMERY CNTY PA INDL DHV AII Financial Times interactive Data DTD: 12/01/1998 Mat: 11/15/2026 5.25$ 08/15/2011 95.19700 Mkt Int: 05/15/2011 to 06/15/2011 95.197000 20000 MONTGOMffitY CNTY PA AIGHSR ~ ~ Financial Times Interactive Data DTD: 10/22/2002 Mat: 06/01/2032 5.125$ 08/15/2011 100.00100 Mkt int: 06/01/2011 to 08/15/2011 100.001000 20000 NORTHEASTERN YORx PA SCH DIET Financial Times Interactive Data DTD: 06/15/2006 Mat: 03/01/2023 4.5$ 08/15/2011 106.70500 Mkt int: 03/01/2011 to 08/15/2011 106.705000 35000 NORTHAMPTON CNTY PA GSN PIIRP A Financial Times Interactive Data DTD: 03/19/2009 Mat: 11/15/2039 5$ 08/15/2011 104.69600 Mkt Iat: 05/15/2011 to 08/15/2011 104.696000 40,141.20 990.00 25,044.75 410.16 19,817.80 162.50 22,747.00 379.17 19,917.20 173.68 67,091.50 503.13 52,358.35 729.90 20,000.20 213.59 21,341.00 412.50 36,643.60 442.36 Page 8 ` Please see the final page for ID~ORTANT INFORMATION ABORT TH8 ESTATH VALIIATION REPORT. Wells Fargo Advisors does not render tax or legal advice. If you have any questions please consult with your tax sad legal advisors. Wells Fargo Advisors ie the trade name used by three separate registered broker-dealers: Wells Fargo Advisors, LLC, Wells Fargo Advisors Financial Network, LLC and Wells Fargo Investments, LLC, Members 3IPC, non-bank affiliates of Wells Fargo & Company. Date of Death: 08/15/2011 Valuation Date: 08/15/2011 Processing Date: 09/02/2011 8atate of: Kenneth B. Bankert Account: -5955 Report Type: Date of Death Number of Securities: 104 File ID: Bankert,5955,Keaneth006578 Shares Security Identifier or Par Description High/Ask Low/Bid Mean sad/or Security Div sad Int Adjustments Value Accruals 86) 663549MR1 15000 NORTHAMPTON CNTY PA INDL D8V A Financial Times Interactive Data DTD: 12/01/2002 Mat: 07/01/2025 5.125$ 08/15/2011 87.96600 Mkt Int: 07/01/2011 to 08/15/2011 87.966000 13,194.90 96.09 87) 709223WY3 25000 PENNSYLVANIA ST TPR COMMN TPR Pinaacial Times Interactive Data DTD: 07/26/2009 Mat: 06/01/2039 5.25$ 08/15/2011 100.86200 Mkt Int: 06/01/2011 to 08/15/2011 100.882000 25,220.50 273.44 68) 7092230W9 30000 PHNNSYLVANIA ST TPR COMMN TPR Financial Times Interactive Data DTD: 10/28/2008 Mat: 06/01/2038 6.25$ OB/15/2011 1D9.76000 Mkt int: 06/01/2011 to 08/15/2011 109.760000 32,928.00 390.63 89) 714145RR4 20000 PBRRIOMSN VY SCH DIET PA Financial Times Interactive Data DTD: 01/01/2004 Mat: 04/01/2028 5$ 06/15/2011 107.67200 Mkt Int: 04/01/2011 to 08/15/2011 107.672000 21,534.40 375.00 90) 717823%60 20000 PHILADELPHIA PA GA3 WRS RHV Financial Times interactive Data DTD: 05/15/2007 Mat: 10/01/2023 5$ 08/15/2011 102.69800 Mkt Int: 04/01/2011 to 08/15/2011 102.698000 20,539.60 375.00 91) 717903LH9 20000 PHILADELPHIA PA HOSP3 & HIGHHR Financial Times Interactive Data DTD: 12/01/1991 Mat: 07/01/2018 7.25$ OB/15/2011 0.01000 Mkt Int: 07/01/2011 to 08/15/2011 o.oloooo z.oo In default, principal and interest 181.25 92) 7556385L8 20000 READING PA SCH DZST Financial Times Interactive Data DTD: 12/15/2005 Mat: 01/15/2036 5$ 08/15/2011 101.81500 Mkt Int: 07/15/2011 to 08/15/2011 101.815000 20,363.00 66.11 93) 84129NFY0 25000 SODTHCBNTRAL PA GHN ADTH RSV Financial Times Interactive Data DTD: 11/12/2008 Mat: 06/01/2025 6$ 08/15/2011 110.40100 Mkt Int: 06/01/2011 to 08/15/2011 110.401000 27,600.25 312.50 94) 84129NBD0 15000 SODTHCBNTRAL PA G8N AUTH RHV Financial Times interactive Data DTD: 03/15/2002 Mat: 12/01/2019 5.15$ 08/15/2011 100.35100 Mkt Int: 06/01/2011 to 08/15/2011 100.351000 15,052.65 160.99 95) 84129NFD6 20000 SODTHCHNTRAL PA G8N ADTH RSV Financial Times Interactive Data DTD: 06/05/2007 Mat: 05/01/2037 5$ 08/15/2011 101.47900 Mkt Iat: 05/01/2011 to 08/15/2011 101.479000 20,295.60 291.67 Page 9 * Please nee the final page for IMPORTANT INFORMATION ABORT THB 83TAT8 VALDATION REPORT w Wells Pargo Advisors does not reader tax or legal advice. and legal advisors. Wells Far o Advisors i th t d if you have nay . questions please consult with your tax g s e ra e name used by three separate registered broker-dealers: Wella Pargo Advisors, LLC, Wells Pargo Advisors Financial Network, LLC and Wells Par o Inv t g es affiliates of Wella Pargo & Company. ments, LLC, Members 3IPC, non-bank Date of Death: 08/15/2011 Valuation Date: 08/15/2011 Estate of: xenneth E. Baakert Processing Date: 09/02/2011 Account: -5955 Report Type: Date of Death Number of Securities: 104 File ID: Bankert,5955,Renneth006578 Shares Security Mean and/or Securit Identifier or Par Description High/Ask Low/Bid Ad ustmeate Value y Div and int j Accruals 96) 834664CP5 30000 SOMERSET CNTY PA H09P ADTH REV Financial Tfinee interactive Data DTD: 11/01/1998 Mat: 11/15/2029 5.8$ 08/15/2011 80.66100 Mkt Int: 05/15/2011 to 08/15/2011 80.861000 97) 9064608Y5 20000 DNION CNTY PA HOSP ADTH HOSP R Financial Times Interactive Data DTD: 02/15/1997 Mat: 04/01/2022 6.5$ 08/15/2011 92.55000 Mkt int: 04/01/2011 to 08/15/2011 92.550000 98) 955817D84 40000 WEST SHORE PA AREA HOSP AIITH H Financial Times Interactive Data DTD: 12/01/2001 Mat: 01/01/2016 5.8$ 08/15/2011 102.10500 Mkt Int: 07/01/2011 to 08/15/2011 102.105000 99) 955817DD0 25000 WE3T SHORE PA AREA HOSP ADTH H Financial Times Interactive Data DTD: 12/01/2001 Mat: 01/01/2018 6$ 08/15/2011 102.14100 Mkt Int: 07/01/2011 to 08/15/2011 102.141000 100) 955819NR4 10000 WEST SHORE PA SCH DIET Financial Times Interactive Data DTD: 10/15/2004 Mat: 11/15/2015 3.625$ 08/15/2011 100.56500 Mkt Int: 05/15/2011 to 08/15/2011 100.565000 101) 461656209 5 INVESTORS MIIN PA IINIT TR IIT zND sER Miscellaneous 08/15/2011 19.48000 A/B Carryover + Da31y Interest 19.480000 102) 18385L191 1.214 CLAYMORE SBCS DEFINED PORTFOLI DT 372INFRAIRM Miscellaneous 08/15/2011 7.91000 A/8 Int: 0.0074 Sx: 06/11 Rec: 08/15 Pay: 08 /25/11 7.910000 103) 30267D189 27.633 PT IIT2262 MIININC MR Miscellaneous 08/15/2011 9.76000 9.38000 A/B Int: 0.057 Ex: 08/08 Rec: OB/10 Pay: 08/ 25/11 9.570000 104) MM 86915.34 BDS MONEY MARKET PIIND Total Value: Total Accrual: Total: $3,502,031.19 24,258.30 439.83 18,510.00 487.50 40,842.00 290.00 25,535.25 187.50 10,056.50 91.63 97.40 6.15 9.60 0.01 264.45 1.58 86,915.34 $3,482,300.06 $19,731.13 Page 10 " Please see the final page for IMPORTANT INFORMATION ABOIIT THS ESTATE VALIIATION REPORT. „ Wells Fargo Advisors does sot reader tax or legal advice. If you have any Queatioaa please consult with your tax and legal advisors. Wells Fargo Advisors is the trade same used by three separate registered broker-dealers: Wells Fargo Advisors, LLC, Weller Fargo Advisors Financial Network, LLC and Wella Fargo Investments, LLC, Members 3IPC, aoa-bank affiliates of Wells Fargo ~ Company. WILL OF KENNETH BANKERT I, KENNETH BANKERT, of Mechanicsburg, Cumberland County, Pennsylvania, declare this to be my last will and revoke any will previously made by me. ITEM I. I direct that all my just debts and fiuieral expenses, including my gravemarker and all ~. n expenses of my last illness, and any and all taxes and assessments imposed by any governmental body as a result of my death, whether on property passing under this will or otherwise, shall be paid from my residuary estate as soon as practicable after my decease as a part of the expense of the administration of my estate. ITEM II. I give, devise, and bequeath the sum of Five Hundred Thousand ($500,000) Dollars to my hereinafter named trustee, IN TRUST, to hold, manage, invest, and re-invest, the funds and shares so received, and the accumulation of income thereon, and to use and apply, from time to time, such portion of income and principal thereof as my trustee deems proper, in its sole discretion, for the comfortable support, maintenance, health and welfare of my sister, ROMAYNE RAGUSA, such expenditures to specifically include the cost of her continued living at Country Meadows of Mechanicsburg and any and all expenses reasonably related to her living there and to maintain her at a level of comfort and security, or to make payment for such purposes, without further responsibility, directly to my said sister or to Country Meadows of Mechanicsburg or any other person or entity taking care of her, for the balance of her life. Upon the death of my said sister, the said trust shall terminate absolutely and all accumulated and undistributed income and principal shall be distributed to the charitable foundation named in the residuary clause of this my last will. ITEM III. I give, devise, and bequeath the sum of Five Thousand ($5,000) Dollars to each of the following persons, provided they survive my death by sixty (60) days and, if they do not so survive my death, then I direct that the gift to them shall lapse and the funds intended for them shall pass under the residuary clause of this my last will: A. My friend, EDWARD ERNEY; B. My friend, JOAN ERNEY, daughter of Edward Erney; C. RUSSELL MYERS WHISLER, JR.; Page 1 of 9 D. My friend, JUDY YANONCAK; E. My friend, JOHN YANONCAK, Judy's brother; F. My former neighbor, AMBER LEIBIC; G. My friend, HILDA STEIN; H. MITCHEL K. WOLFE; I. JAMES SAMOIS. ITEM IV. I give, devise, and bequeath the sum of Ten Thousand ($10,000) Dollars to each of the following persons, provided they survive my death by sixty (60) days and, if they do not so survive my death, then I direct that the gift to them shall lapse and the funds intended for them shall pass under the residuary clause of this my last will: A. CAROLYN ANN KESSLER; B. JAMES J. HUFFER. ITEM V. I give, devise, and bequeath the sum of Two Thousand ($2,000) Dollars to each of the following persons, provided they survive my death by sixty (60) days and, if they do not so survive my death, then I direct that the gift to them shall lapse and the funds intended for them shall pass under the residuary clause of this my last will: A. SERENE NOBLE; B. ROBERT NOBLE. ITEM VI. I give, devise, and bequeath all the rest, residue, and remainder of my possessions and estate of every nature and wherever situate, including any property described in but not effectively disposed of by preceding sections of this will, to my trustees, to beheld in a charitable trust to be known as the Kenneth Bankert Family Foundation (hereinafter "trust"). The trust shall be administered as follows: A. The trust shall be organized and at all times operated for educational and charitable purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code. In furtherance of these purposes, my trustees shall distribute the net income of the trust to such organization or organizations to which transfers are deductible for federal income, gift, and estate tax purposes and which are exempt from federal income tax as organizations described in Section 501(c)(3) of the Internal Revenue Code as my trustees, Page 2 of 9 in the sole discretion of my trustees, may select after considering my charitable goals and objectives, in such shares or proportions, whether equal or unequal, as my trustees, in the sole discretion of my trustees, may determine. B. At such time, if ever, as the trust shall cease to exist as an exempt organization ~~I v a~ii under Section 501(c)(3) of the Internal Revenue Code, my trustees shall distribute all property then belonging to the income and principal of the trust to such organization or organizations to which transfers are deductible for federal income, gift, and estate tax purposes and which are exempt from federal income tax as organizations described in Section 501(c)(3) of the Internal Revenue Code as my trustees, in the sole discretion of my trustees, may select, in such shares or proportions, whether equal or unequal, as my trustees, in the sole discretion of my trustees, may determine. C. The trust shall be organized and operated exclusively for religious, charitable, or educational purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code. No part of the net earnings of the trust shall inure to the benefit of any private individual, and the trust shall not carry on propaganda or otherwise attempt to influence legislation and shall not publish or distribute statements or otherwise participate or inten~ene in any political campaign on behalf of or in opposition to any candidate for public office. D. Notwithstanding any provisions to the contrary contained in this will, my trustees (i) shall make distributions from the income of the trust, and, if the income of the trust is insufficient, from the principal of the trust, at such times and in such manner so as not to subject the trust to tax under Section 4942 of the Internal Revenue Code; (ii) shall not engage in any act ofself-dealing as defined in Section 4941(d) of the Internal Revenue Code; (iii) shall not retain any excess business holdings so as to subject the trust to tax under Section 4943(c) of the Internal Revenue Code; (iv) shall not make. any investments so as to subject the trust to tax under Section 4944 of the Internal Revenue Code; and (v) shall not make any taxable expenditures as defined in Section 4945(d) of the Internal Revenue Code. Page 3 of_ 9 E. It is my desire that the organizations and causes to which distributions are made pursuant to this Item shall be organizations and causes which provide beneficial or -v N ~~ charitable services similar to the following: student athletes at West Shore, Camp Hill, and East Pennsboro School Districts; children with cancer; military veterans; the United Methodist Church; the Neighborhood Center of the United Methodist Church, New Cumberland Youth Athletic organizations; the Central Pennsylvania Food Bank; local fire departments or volunteer fire companies serving the greater West Shore area; Parents Work, Inc. (for the prevention of child abuse); Vicki's Angel Walk, Inc.; Big Brothers and Big Sisters; the Boys Club of Central Pennsylvania and the Girls Club of Central Pennsylvania; the Hospice of Central Pennsylvania; Teen Line; and Holy Spirit Hospital and Pinnacle Health Hospital. I submit this list not as specific beneficiaries of the foundation funds, or in any effort to limit the distribution of the foundation funds, but only to provide illustrations of the kind or type of charitable and beneficial causes I would like to see the foundation support. However, it is my primary intention that this trust shall qualify as an organization to which transfers shall be deductible for federal income, gift, and estate tax purposes and which shall be exempt from federal income tax as an organization described in Section 501(c)(3) of the Internal Revenue Code. Accordingly, if distributions to any of the above organizations would disqualify such exemption or would cause the trust to be liable for federal income tax for any reason, I direct that such distributions not be made to such organization. The provisions of this will relating to the trust shall be construed in such a manner as to accomplish this purpose. My trustees shall have the power to amend the provisions of this will governing the trust for the sole purpose of complying with Section 501(c)(3) or other applicable provisions of the Internal Revenue Code. F. All references to the .Internal Revenue Code shall. be deemed to refer to .sections of the Internal Revenue Code of 1986, as amended, or to corresponding provisions of any later federal tax law. ITEM VII. I appoint KATHLEEN C. HUFFER, of 314 Shuey Road, New Cumberland, Pennsylvania, trustee of the trust or trusts created by Item II of this my last will for the benefit of my Page 4 of 9 sister, ROMAYNE RAGUSA. I appoint BRUCE J. BROWN, my accountant, of 210 Grandview v ~~ Avenue, Camp Hill, Pennsylvania, and KATHLEEN C. HUFFER, of 314 Shuey Road, New Cumberland, Pennsylvania, co-trustees of the trust created by Item VI of this my last will, which creates a charitable foundation. ITEM VIII. I appoint my friend, KATHLEEN C. HUFFER, of 314 Shuey Road, New Cumberland, Pennsylvania, executrix of this my last will. ITEM IX. In addition to the other powers and authorities granted to my trustee, executor, or other personal representative by Pennsylvania Law and by the preceding paragraphs of this my last will, I hereby give my personal representatives, expressly including any trustee, the following special powers and authorities: A. To retain any or all of the assets of my estate, real or personal (including any stock or securities of any corporate fiduciaries), without any regard to any principle of diversification, risk, or productivity; B. To invest and re-invest in all forms of property without restriction to investments authorized for Pennsylvania Fiduciaries, as my trustee deems proper, without regard to any principle of diversification, risk or productivity; C. To sell at public or private sale, to exchange or to lease, for any period of time, any real or personal property and to give options for sales, exchanges, or leases, for such prices and upon such terms or conditions as my trustee deems proper and in the best interests of the beneficiary or beneficiaries of said trusts; D. To allocate receipts and expenses to principal or income or partly to each as my trustee from time to time deems proper in its sole discretion; E. To compromise any claim or controversy; F. To exercise any option, right, or privilege granted in insurance policies or in other investments; G. The co-trustees of the trust created by Item VI of this my last will, to create the charitable foundation, shall have the authority to appoint a third co-trustee to serve along with them to implement the provisions of that item of my will and to administer the trust and the charitable foundation in accordance with the provisions of this will. Page 5 of 9 III M H. Each individual fiduciary shall have the power at any time to appoint a successor individual .fiduciary, except to the extent a successor individual fiduciary has already been appointed under this will. A majority of the individual fiduciaries shall have the power to appoint a financial institution with fiduciary powers to act as an additional or successor trustee. Any appointment shall be accomplished by a signed instrument which shall contain an acknowledgment of the corporate fiduciary's willingness to act. I. When there is an individual fiduciary, a corporate fiduciary may resign by giving notice of its resignation to the individual fiduciary. Notice of resignation of the corporate fiduciary shall be in writing and set a reasonable effective date. When there is another fiduciary or a successor fiduciary, any individual fiduciary may resign at any time by giving reasonable notice in writing to the other then acting fiduciary or, if there is none, to the successor fiduciary. J. Upon receipt of the notice of resignation of a corporate fiduciary, the individual fiduciaries may appoint another financial institution with fiduciary powers to act as successor corporate fiduciary. Any appointment shall be accomplished by a signed instrument which shall contain an acknowledgment of the corporate fiduciary's willingness to act. K. The individual fiduciaries shall have the power at any time to remove any financial institution then acting as a corporate fiduciary. Any removal shall be accomplished by a signed instrument which shall set a reasonable effective date for the removal. L. Any corporate fiduciary shall be entitled to receive compensation for its services in any fiduciary capacity under this will in accordance with its published schedule of rates from time to time in effect when the services are performed or at such lower rates or amounts as maybe specified in a written fee agreement signed by the corporate fiduciary, but the corporate fiduciary shall not receive more than would be approved by a court of competent jurisdiction. M. If the attending physician of a fiduciary certifies to the other then acting fiduciary or, if none, to a successor fiduciary, that the physician's patient lacks sufficient Page 6 of 9 capacity to make or communicate responsible decisions, the patient shall cease to be a fiduciary. ITEM X. All of the interests of the beneficiaries hereunder shall not be subject to anticipation or to voluntary or involuntary alienation nor shall they be subject to any execution or attachment. ITEM XI. I understand and direct that my Life insurance policies, annuities, individual retirement accounts, bank accounts held in trust for another person, or any other assets on which I may designate a beneficiary will pass to the beneficiaries that I have named and will not be controlled by the provisions of this my last will. I also understand and direct that any assets that I own jointly with another person, with rights of survivorship, or with a presumed right of survivorship (whether the joint ownership was created before or after this will), will pass to the surviving joint owner and distribution of such assets will not be controlled by the provisions of this will. ITEM XII. I direct that my personal representatives and fiduciaries shall not be required to give bond for the faithful performance of their duties in any jurisdiction. IN WITNESS WHEREOF, I have hereunto set my hand this _ day of ~,., , 2011. ETH BANKERT Page 7 of 9 The preceding instrument, consisting of this and seven other typewritten pages, each identified by the signature of the testator was on the date thereof signed, published, and declared by KENNETH BANKERT, the testator therein named, as and for his last will, in the presence of us, who at his request, in his presence, and in the presence of each other, have subscribed our names as witnesses hereto. Samuel L. Andes ~~~ M.aL[aC Amy Har s Page 8 of 9 COMMONWEALTH OF PENNSYLVANIA ) ( SS.: COUNTY OF CUMBERLAND ) The undersigned, being the testator whose name is signed to the attached or foregoing instrument, having been duly qualified according to law, does hereby acknowledge that I signed and executed the foregoing instrument as my last will, that I signed it willingly; and that I signed it as my free and voluntary act for the purposes therein expressed. Sworn or affirmed to and acknowledged before me by the testator named above this ~~~' day of Mancl~ 2011. L NNETH BANKERT Notary uP blic NOTARIAL SEW. CltY1~~L~0YENEEgpROU~G~HN, CUAMBERL~AND~COIJNTI' MY COMMISSION EXPIRES FE& 1,7013 COMMONWEALTH OF PENNSYLVANIA ) ( SS.: COUNTY OF CUMBERLAND ) WE, SAMUEL L. ANDES and AMY HARKINS, the witnesses whose names are signed to the attached or foregoing instrument, being duly qualified according to law, do depose and say that we were present and saw the testator sign and execute the instrument as his last will; that he signed it willingly and that he executed it as his free and voluntary act for the purposes therein expressed; that each of us in the hearing and sight of the testator signed the will as witnesses; and that to the best of our knowledge, the testator was at that time 18 or more years of age, of sound mind, and under no constraint .or undue influence. Sworn or affirmed to and acknowledged before me this Z5~'` day of M~..l.~ , 2011. Samue L. Andes Amy Harki Page 9 of 9 ~~~ ~~