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HomeMy WebLinkAbout07-20-12 (2)J 1505610105 REV-1500 ~(°""'F° PA Department of Revenue Pennsylvania OFFIt:IAL USE ONLY Bureau of Individual Taxes °`""°""~°"`"""` County Code Year File Number PD BoX zao6oL INHERITANCE TAX RETURN ~ ~ I 1 ~y Harrisburg PA L7tz8-0601 RESIDENT DECEDENT ' -/ l ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death MMDDYYYY Date of Birth tAMDDYYYY Decedent's Last Name Suffix Decedent's First Narcie MI Masland Edward K' (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 Wil_LS FILL IN APPROPRIATE OVALS BELOW GD 1. Original Re[um O 2. Supplemental Return O 3. Remaintler Retum (Date of Death O 4. Limited Estate Prior to 12-13-ffi) O 4a. Future Interest Compromise (date of O 5. Federal Estate Tax Return Required death after 12-12-82) ~ 6. Decedent Died Testate (Attach Copy of Will) O 7. Decedent Maintained a Living Trust 0 8. Total Number of Safe Deposit Boxes A ( ttach Copy of Trust.) O 9. Litigation Proceeds Receivetl O 10. Spousal Poverty Credit (Date of Death O 11. Election to Tax under Sec. 9113(A) Between 12-31-91 and 1-1-95) (Attach Schedule O) CORRESPONDENT- THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO Name : -. Daytime Telephone Number John C Oszustowicz (717;) 243-7437 ~ ^~ 0 r:~ REGISTER OF SE ONLYf-.~ First Line of Address 104 S Hanover St. Second Line of Address City or Post Office State Carlisle PA Correspondent's a-mail address: Under penalties of perjury, I tleclare that I have examined this it is true, correct antl complete. Deplarallon of preparer other JI(aNA~JJ~~J3LE FOR FILW6 RE belief, m G7 ~~ n ~ C:J <_ i p r ~'_ >^~ r•- r-r'r M 258 Co y Street, Carlisle, PA 17013 ~ -_T_ SIGNATU E O REPARFj2 OTHER THAN REPRESENTATIVE //` lT_~-~' DATE ~7 ~+ ADORFSC t //~ / BIZ. 104 S H~(nover Street, Carlisle, PA 17013 ZIP Code schedules and statements, and to the 3 is based on all intormatbn of which D ~ FILED DATE `,~ 6 _, ~ tV Ol Side 1 L 15056117105 15015610105 J REV-1500 EX (FI) 1505610205 Decedeeea Name: Edward K Masland RECAPITULATION 1. Real Estate (Schedule A) ............................................. 1. 2. Stocks and Bonds (Schedule B) ....................................... 2. 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C) ..... 3. Decedent's Soc 4. Mortgages and Notes Receivable (Schedule D) .......................... . 4. 5. Cash, Bank Deposits and Miscellaneous Personal Propeny (Schedule E)....... 5. 6. Jointly Owned Property (Schedule F) O Separate Billing Requested ....... 6. 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Properly (Schedule G) O Separate Billing Requested........ 7. 6. Total Gross Assets (total Lines 1 through 7) . ............................ 8. 9. Funeral Expenses and Administrative Costs (Schedule H) .................. . 9. 235,000.00 24,936.12 154,100.47 249,916.35 663,952.94 10. Debts of Decedent, .Mortgage Liabilities and Liens (Schedule I) ............... 10. 11. Total Deductions (total Lines 9 and 10) ................................. 11. 12. Net Value of Estate (Line 8 minus Line 11) ... 13. ........................ Charitable antl Governmental Bequests/Sec 9113 Trusts for which ... 12. an election to tax has not been made (Schedule J) .. ................... ... 13. 14. Net Value Subjeet tp Tax (Line 12 minus Line 13) .. ................... TAX CALCULATION -SEE INSTRUCTIONS FOR APPLICABLE RATES ... 14. 15. Amount of Line 14 taxable at the spousal tax ratle, or transfers under Sec. 9116 (a)(1.2) X .0_ 16. Amount of Line 14 taxable 15. at lineal rate X .0 45 640 888 63 17. , . Amount of Line 14 taxable 16 at sibling rate X .12 18. Amount of Line 14 taxable - 17. at collateral rate X .15 18. 19. TAX DUE ............. '. .......................................... .. 19. 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT L Side 2 1sos61o2os 1sas61o2as 20,590.79 2,473.52 23,064.31 640,888.63 640,888.63 28,840.00 O REV-i50o EX (Fd) Page 3 Decedent's Complete Address: Edward K Masland ---- STREETADORESS- 1306 Georgetown Circle CITY _. _- _. _...... _. _ _. _. _. ___. _. _.. _ _ Carlisle Tax Payments and Credits: 1. Tax Due (Page 2, Line 19) 2. Credits/Payments A. Prior Payments _24, 515.00 B. Dismount _. _ 1,360.00 3. Interest _ -~ Flle Number _. _~ STATE PA ZIP _- 17013 (1) 28,840.00 Total Credits (A+ B) (2) 25,875.00 4. If Line 2 is greater than Line i + Line 3, enter the difference. This is the OVERPAYMENT. Fill in oval 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) 13.39 (4) (5) 2,977.39 Make check payable to: REGISTER OF WILLS, AGENT. PLEASE ANSWER TWE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: a. retain the useor income of the property transferred .......................................................................................... Yes No b. retain the right to designate who shall use the property transferred or its income ......................... ^ c. retain a reverdionary interest ............................................................................................................................ d. receive the premise for life of either payments, benefits or care? .............. 2. If death occurred after Dec. 12, 1982, did decedent transfer property within one year of death ^ • without receiving adequate consideration? ..........., 3. Did decedent own an "intrust 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? ........................................................................................................................ 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, 1Q94, and before Jan. 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3 percent [72 P.S. §9116 (a) (1.1) (i)]. For dates of death on or after Jan. 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0 percent [72 P.S. §9116 (a) (1.1) (ii)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 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 beneficiades is 4.5 percent, except as noted in [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)]. Asibling is defined, under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. REV-1507. E%+ (L'-08) ~: Pennsylvania DEPARTMENT OF gEVENDE INHERITANCE TAX RETURN RESIDENT DECEDENT CJIAIt OF Edward K Masland FILE NUMBER 21-11-1005 • ~ __~ v=veRy owned solely.or as a tenant in common must be reported at fair market value. Fair market value is defined as the pace 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. Read property that 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. NUM ER Include a copy of the deed showing decedent's interest if owned as tenant in common. VALUE AT DATE DESCRIPTION OF DEATH t' 1306 Georgetown Circle, Carlisle, PA (See attached HUD) 235,000.00 SCHEDULE A REAL ESTATE 70TAL (Also enter on Line 1, Recapitulation.) I; 235,000.00 If more space is needed, insert additional sheets of the same size. REV-r5D3IX+(y-u) Cat pennsylvania ~t DEVAgTMENT OE gEVENIIE INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE B STOCKS & BONDS ~aEnE~ yr Edward K Masland FILE NUMBER --- ---..._..-. ~~~~~.., ~~ um name srze 21-11-1005 All ProDertv iointly ownnn wir6 .:..6•..r ...._.:..___~:_ __... - REV-i5o8 EX+ (ss-io) ~ '~ pennsylvania SCHEDULE E ~; DEFgRTMENT OF REVENUE CASH, BANK DEPOSITS & MISC. INNERITgNCE TAX RETURN PERSONAL PROPERTY RESIDENT pECEDENT ESTATE OF: Edward K. Masland FILE NUMBER: 21-11-1005 Include the proceeds of litigation and the date the proceeds were received by the estate. All property jointly owned with right of survivorshi p must be disclosed on Schedule F. ITEM NUMBER DESCRIPTION VALUE AT DATE 1. Orstown Bank Checking Account # 108005305 OF DEATH 20,595.12 2 John C Oszustowicz, Esq. Escrow Account 131.05 3 Graystone TowerlBank Money Market Account # 112453 34,436.71 4 Accrued interest en item #3 7.58 5 Cash 3,840.00 6 Unclaimed PA Prgperty 91.11 7 Genworth Long Term Care Policy premium refund 1,173.17 g United Healthcare'premium refund 0.90 g Litigation Settlement 18.04 10 Centurylink refund 65.60 11 The Patriot-News retund 315.41 12 The Sentinel refund 99.56 13 2011 Federal Tax f$efund 4, 380.00 14 Rolex watch -sold to Mounfz Jewelers 2,000.00 15 Firearms -sold to Coles Bicyles & Gun Shop 400.00 16 Gold coins 49, 965.00 17 Sale of personal iterDS at auction less commission 6,159.08 18 EZ Pass refund 24.53 19 Personal Household) items 22,350.00 20 Mortgage Interest P$yments received from Mike Devlin Jan-June 2012 on sale of Georgetown Circle home 5,265.00 21 Collectible coins 214.20 22 Down payment received from Mike Devlin for purchase of residence (HUD attached) 1,000.00 23 Reimbursement of taxes paid in advance of settlement of residence (HUD attached) 1,568.41 TOTAL (Also enter on Line 5, Recapitulation) § ~ 154,100.47 , If more space is needed, use additional sheets of paper of the same size. REV-1510 EX ~~(08-U9} ~" pennsylvania SCHEDULE G ` DEnanTnENroRaevENUE INTER-VIVOS TRANSFERS AND wxERITnNCE rnx RETUaN MISC. NON-PROBATE PROPERTY RESIDENT DECEDENT ESTATE OF FILE NUMBER Edward K Masland 21-11-1005 This schedule'must be completed and filed if the answer to any of questions 1 through 4 on page three of the REV-15D0 is ves. ITEM NUMBER DESCRIPTION OF PROPERTY mnuDE ixE~xaxE aE lxE ranrvsrEaeE, rxEin nEUnoxsmr to Dec[DExr arvD 1ME Dare or marvsrts. anaaacoRr or IHE DEEO raa aEal ESmTa. DATE OF DEATH VALUE OF ASSET %OF DECD'S INTEREST EXCLUSION pE avauueu:l TAXABLE VALUE 1 American Funds IRA i4ccount # 6193-9968-04 -transferred e uall to q y children, Edward K Masland Jr., Albert H. Masland, Ruth Hesse in Oct 2011 120,942.85 100 120,942.8; 2 Smith Bamey IRA Account # 73H-70126-15 -transferred equally to children , Edward K Masland Jr, Albert H. Masland, Ruth Hesse in Oct 2011 128,973.50 100 128,973.5( TOTAL (Also enter on Line 7, Recapitulation) # I 249,916.35 If more space is needed, use additional sheets of paper of the same size. R'cV-1511 F. X+ (10-n9) 3 Pennsylvania SCHEDULE H °E""nT"ENr Or REVE"uE FUNERAL EXPENSES AND INHERrrANCE TAX RETNRN ADMINISTRATIVE COSTS RESIDENT pECEDENT ESTATE OF FILE NUMBER Edward K Masland 21-11-1005 Decedent's debts must be reported on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1' Hoffman Roth Funeral Home, Carlisle, PA 3,491.38 z George's Flowers 132.50 B Food for Memo}ial Service 453.39 B. ADMINISTRATIVE'~~COSTS: 1. Personal Represdntative Commissions: Name(s) o~ Personal Representative(s) Street Address _ City _. _ State Z1P Year(s) Co(nmission Paid: Z~ Attorney Fees: 10,800.00 3. Family Exemption; (If decedent's address is not the same as claimant's, attach explanation.) Claimant Street Address .. City._. _. _.. _. State Z1P Relationship of Claimant to Decedent _. _.. 4• Probate Fees: 458.50 S• Accountant Fees: 250.00 fi. Tax Return Prepar@r Fees: ~ The Sentinel - legal advertising 115.20 a Cumbedand Coudty Law Journal -legal advertising 75.00 s Centurylink 91.85 tD Orrstown Bank Cfleck Fee 23.25 >> PPL ElecMc Utilitids 223.23 t2 Total From Continuation Sheet 4,476.49 TOTAL (Also enter on Line 9, Recapitulation) I $ 20,590.79 ' If more space is needed, use additional sheets of paper of the same size. i REV-1511- F%+ (17-n8j ~ ` pennsylvania SCHEDULE I DEPARTMENT OF gFVENUE DEBTS OF DECEDENT, INHERITANCE TA%RETURN RESIDENT DECEDENT MORTGAGE LIABILITIES & LIENS ESTATE OF FILE NUMBER Edward K. Masland 21-11-1005 Report debts incurred by the decedent prior to death that remained unpaid at the date of death, including unreimbursed medical expenses. ITEM NUMBER DESCRIPTION VALUE AT DATE Of DEATH 1' Donation to Secand Prebyterian Church -Carlisle PA , 350.00 2 Centurylink - Phdne service 87.53 3 ATBT Mobility 34.84 a Carlisle Country Club 15.00 5 United Gas Inc., 163.00 6 PPL ElecMc Utilities 178 79 7 Ascension Point f~ecovery Services -Citibank MasterCard 238.07 e Borough of Carlisle -water & sewer 72.90 9 Carlisle Regional Medical Center -medical bills 133.39 10 John C Oszustowikz, Esq. -prof fees July & Aug 2011 1,200.00 TOTAL (Also enter on Line 10, Recapitulation) I # 2,473.52 ' If more space is needed, insert additional sheets of the same size. REV-1513 EX+ (O1-10) ENTER DOLLAR AMO NTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18 OF REV-1500 COVER SHEET, AS APPROPRIATE. II NON-TAXABLE DIS BUTTONS A. SPOUSAL DISTRI UTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN: ~ ~~! Pennsylvania SCHEDULE J DEPARTMENT OF REVENIIf INHERSTANCE TAX RETURN BENEFICIARIES RESIDENT DECEDENT ESTATE OF: FILE NUMBER: Edward K Masland 21-11-1005 RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not List Trustee(s) _ OF ESTATE i TAXABLE DISTRIBUT[ONS [Include outright spousal distributions and transfers under Sec. 9116 (a) (1.2).] 1. Albert H. Masland 258 Conway St., Carlisle, PA 17013 Son 1/3 2 Edward K. Masland Jr. 4093 Gallagher Loop, Casselberry FL 32707 Son 1/3 3 Ruth Hesse 50 E.iPomfret St., Carlisle, PA 17013 Daughter 1/3 1. B. CHARITABLE AND IiGOVERNMENTAL DISTRIBUTIONS: 1. TOTAL OF PART ~I -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET ¢ If more space is needed, use additional sheets of paper of the same size. OMR NO. 2502.0265 7(' A ~ B. PE ~DF LOAN: U.S. DEPARTMENT OF HOUSING 8 URBAN OEVELOPMEN 1.QFHA 2.QFmHA 3. CONV. UNINS. 4 ^VA 5. ^CONV. INS. 6. FILE NUMBER: 7. LOAN NUMBER: SETTLEMENT STATEMENT 8 MORTGAGE INS CASE NUMBER: C. NOTE: This farm is tumished to give you a statement of actual settlement costs. Amounts paid fo and by the settlement agent are shown. )tams marked "(PDCJ"were paid outside fhe closing; they are shown here for inlormahonel purposes and are not incfutled in the totals. 1 0 ]n3a ryd588.1 DEVlIN11A5aa.1 DEYLINl9a) ~ D. NAME AND ADDRESS OF BO. ROWER: Michael 8. Devlin 6 Stonehedge Way Carlisle, PA 17015 E. NAME AND ADDRESS OF SELLER: Estate of Etlward K. Maslantl 1306 Georgetown Circle Carlisle, PA 17013 F. NAME AND ADDRESS OF LENDER' G. PROPERTY LOCATION: 1306 Georgetown Circle Carlisle, PA 17013 '. H. SETTLEMENT AGENT Manson Deardorff Williams Oho Gllray & Faller I. SETTLEMENT DATE. December 20. 2011 Cumberland County, Pennsylvania ' J. MAR 8 RR WER'S AN PLACE OF SETTLEMENT 10 East High Street Carlisle. PA 17013 N K. MARY OF LLER' TRA ACTION 101. Contract Sales Price 235,000.00 401. Contract Sales Price 235,000.00 102. Personal Pro 402. Personal Pro ert,~ 103. Settlement Char es to Borro er Line 1400 4,128.40 403. 104. 404. 105. 405. 106. Coun Rw .Taxes 1212 111 to 01/01!12 37.47 A08. Coun fTw .Taxes 12/21/11 to O1/01/12 37.47 107. School Taxes 1212 111 to 07/01!12 1,508.65 407. School Taxes 12/21/11 to 07/01/12 1,508.65 108. Assessments to 408. Assessments to 109. December HOA 12121/11 to 0 1101112 21.29 409. December HOA 12/21/11 to 01101/12 21.29 170. 410. 111. 411. 112. 120. GROSS AMOUNT DUE FRO 200. AMOUNT PA D BY OR IN BORROWER ' 240,695.81 EHALF OF BORROWER: 412. 420. GROSS AMOUNT DU'E TO SELLER 236,567.41 500. REDUCTIONS IN AMOUNT DUE TO SELLER: 201. De osilor earnest mone 1,000.00 501. Excess D osit See Instructions} 202. Pnnci al Amount of New Loa s 502. Settlement Char es to Seller (line 1400) 2.513.07 203. Existin loans taken sub'ec to 503. Existin loans taken sublet/ to 204. 504. Payoff of lust Mortgage 205. 505. Pa oN of second Mona e 206. 508. De asit retained b seller 1.000.00 207, 208. Purchase Mone Note 234,000.00 209. ' us men s or ems n a e er 210. Coun /Tw .Taxes to 507. 508. Purchase Mone Note 234,000.00 509. us men s or ems n ar ear 510. Coun ffw .Taxes to 211. School Taxes to 511. School Taxes to !212. Assessments to 512. Assessments to 211 3. 513. 1,..214-. 514. 215. '' 515. 216. 516. 217. 517. 218. 518. 219. 519. 220. TOTAL PAID BY/FOR BOR OWER 235,000.00 520. TOTAL REDUCTION,4MOUNT DUE SELLER 237,513.07 300. CASH T ETTLEMENT F M/T0 BORROWER: 80 . CASH AT SE EN (FROM SELLER: 301. Gross Amount Due From Bor owar Line i20 240,695.81 BOt. Gross Amount Due Ta Seller Line 420 236.567.41 302. Lesa Amount Pakl 8 /For Bo rower (Line 220 ( 235,000.00) 602. Less Retluctions Due Seller (Line 520) ( 237,513.0 , 303. CASH (X FROM) ( TO) ORROWER 5,695,81 603. CASH TO) (X FROM) SELLER 945.66 fhe undersigned hereby knowledge receipt of a completed copy of pages 1&2 0(this statement 8 any attachments referred to Herein. Borrower y • Seller Estate o .E~w d asland /~ Michael B. ev m .-s ~f 6y-~~~ ~~~ ".,% ENO-+ VSdG) nESPn, r,adJCS: (~ American FundsY American Funds Service Company Post 0//Ice Box 2280 NorloUc, Virginia 235012280 amedcantunds.com JOHti C OSLUSTOWK'7_ IO4 S HANOVER ST CARLISLE PA 17013-3420 Re: The Investment Company of America - A Account#6193-99G8-04 CB&T OUST IRA',R/O EDWARD K MASLAND Dear Mr. Oszustowicz: October 1Q 2011 We recently received youlr inquiry regarding the balance of the account referenced below. The table below reflects the share balance, per share net asset value (NAV). and total value of the account on [he date requested: 08/30/ 11 61 number Share balan X68'04 4,553.571 e NAV per share Total value $ 26.16 $120.,942.85 Please note that closed fu~{ds within an account may affect our ability to provide an accurate account value on the date requested. Mutual fund share prices vlary with the fluctuations of financial market share prices. The prices of the funds are found in the financial pagt~s of most metropolitan newspapers under American Funds in the Mutual Funds listings. ',.. If you have :my questions, ~2lease call us at 800/421-0180. You can reach one of our service representatives Honda}' throueh Friday bejween 8 a.m. and 8 p.m. Eastern time. You may also obtain account information by visi[ine our website at wwµ.americanfunds.com. Cordially. .American Funds Service C¢mpanv "D ~a d a v r. O x 7 f ~ J (A c m n a a 3 o' 7 ~ m O I~ I~ I. w Cl o p m °' m - ~ - m m n ~ ~ c G N N O c ~ n ~ n z n ~ N ~ m a ~_ n O i N a - ' N C - r* v m ~ n .n N ~ o. N n n o ~» o° o n n ni p 4 n ~ ~ D D c 3 ~'' n n ~ 0 0 C p ~ C ~ K ~ c s ~' ~ n ~ G i a ,el m c o m~ O o ? o- ,~ ~ a " - ~ = n o I~ J b• ~ - I T i O _ q c ~ ~ $ o o- = ~ - d _ m ~ ~ ~ - I x :: n ^' c _ N ~ ~ - cr ~ C1 ~ - < ~ N (~ m y N - ~' ~ O ..oo y °m ~ r ~ D J m 2 2 - x < & 3 ~o m ~~ m ; - Vl ~ D D n ~ A r !N J A ~ ~ o a -r y m u~ v v~ o> C+ w m A c"ii ~ m ~ t a ~ ( V 4~ W N m m -i Cl p 0 n Jr _, ti s y r,~ - ~ ~ ~ I I I I v ~' .7 cW.~ m m n -1 ! PI $ ~ S m O m ~ ' m m~ _,~ O O ~ m ~ - l 3 ~ O ~1 m n » r ~ m c ~ o ,, ~~~ _ a l a O m i C ~' G I O n d N m o m m D C ~ ',"od 3 m ~ F == ~ ~ 3 iv o i N o n ~ n~ x F ~ n - 1 K O n ' oia a v '" ~ n °' . ~ v ~ ~ l 4 i N H m m a m v ~ N m N _ 0 N ~ loo 0 o m o to otn a J O P ~ fJ u o ~ o u < i ~ °o N N N ~ m N L b p ~ ~ N O m N o C a u N V J ~ p , N ~ ~ D - A Q ] p ~' N O <T ~ m m ''~' p ~~ ~ : ~o v ~ a a d ° ° a DO .. L _ 7 ~ D n _ in ~ d ~ ~ n a. ~ ~ n n ~ ~ m v 3 O ] n ~ w Z J ' 4 v _ i ti ~ ~ m c ^ a~ - ~ ~ N ~ m < °' w _' ~ ,~ 0 n °~ i N d a `- N m Q ~ ~ a ?~ v. ~ m m ~ ~ w v n n u m ~° o o ~ ~ O O j N g ~ C a ~ - U, m ° N n N D ~ _ ~ ] O o n m ~ ~ 0 N N C P P f" ~ V f i ? ~ m Q JJ pp A N ~ N p p 9 N J D D ~ ~ 3~ (( 0 (n W tJ A Ui W O ~`n `~°° d N =IT = S m~ ~ °'3 O O y O c v ~ m ~ n v n C ~ O ~ a S n ~ Q n ~ a 7 a O ~ 0 N N N ~ v, :, v o G m - 1 -.~ nonox A d 0 SC o f = = A C O nOnDw w VAOnv oy y CZ-wa WAy~w -i A m O W '~ ~ T n O N b T 0 O w °n O V C ~' d C A ~ ~ ~ m O G ~ T ~ °w m D ; v ~ ~ ~ V D an d W y 3 A ~ ~ ~ Q ? O m O ~ d N n o N ~ 3 ~ ~ m N W 7 r r n W m v n n ~ c ~ ~ G N m n ° C o 3 ~ m m ~ V GVj m Z V O Y m N r m °o 0 N W m °o S A O lf~ ~ ~ /~~ ~ lam' L/ T ~~ W CD ~ ~ D~ C a ~ Q .-1 I c ~ ~• .-+ W3 1 O rf ~D \/ C1 .~ .+ v m N SCHEDULE H CONTINUED Estate of Edward K Masland 12 AI Masland -reimburse for shipping and supplies 13 Zeigler's Storage & Transfer - to clean out house 14 DavidSheibley-trash hauling 15 Ibis Appraisal Services -home contents appraisal 16 MountzJewelerb-jeweleryappraisal 17 UGI -final bill 18 Jarusewski Overhead Door Co -Garage door repair 19 Settlement charges for 1306 Georgetown Circle File Number 21-11-1005 289.01 540.57 250.00 660.00 65.00 18.84 140.00 2513.07 $ 4,476.49 C~Op~ LAST WILL AND TESTAMENT OF EDWARD K. MASLAND I, EDWARD K. MASLAND, of Cumberland County, Pennsylvania, d0 make, publish and declare this as and for my Last Will and Testament, hereby expressly revoking all wills and codicils made by me hereto'ifore, and dispose of my estate as follows: ITEM l:~l I direct the payment of my just debts, funeral, and burial expenses, including a suitable and ProPeT grave marker, as soon as conveniently can be done following my decease. ITEM 2: I direct that all State and Federal Transfer Inheritance T1ax, Estate Tax, Succession Tax or any other tax, including any',,intere=>t, assessments or penalties thereon, that may becorne due anp payable by virtue of my death, or by virtue of the passing of any property either under my Last Will and Testament, or in any oth~r manner, shall be paid by my estate, just as if such taxes we~}e my debts, and no beneficiary shall. be required to pay or refund~~any part thereof. ITEM 3: ', All of the rest residue and remainder of my estate of what~lsoever nature and wheresoever situate, I give, devise and begjueath to my children, EDWARD K. MASLAND, JR., ALBERT H. MASL~IND and RUTH HESSE, in equal shares. If a child of mine does not survive me, that child's share of my estate shall be given, devi$ed and bequeathed unto the issue, per stirpes, of such deceased child. If a deceased child of mine has no surviving issue„ that child's share shall lapse. ITEM 9: xn the event that an y said beneficiary has not reached the age of 25 at the date of my death, said beneficiary's interest shall be held and administered in trust to be used exclusively for their health, support, maintenance and education. The Trustee is hereby empowered to pay out such income and/or principal from the trust as he in his discretion sees fit to provide for the health, support, maintenance ac.d education of said beneficiary. The Trustee shall have the authority to do the following; A• To'~hold, manage, invest and reinvest the principal so received, a~'d accumulation of income thereon, and to use, pay and apply the in~icome and the principal or so much thereof as in Trustee's so!~e discretion may be necessary for t:he maintenance, support, heath and education of said beneficiary. B• Pay~ents authorized by this trust may be made by the Trustee dire~tly to the beneficiary, or may be made directly to the person hiving custody and care of said beneficiary, or may be made directly to any institution entitled to such payment by reason of se~ivices rendered or to be rendered to said beneficiary. I, C. The amount r_o be paid for the benefit of the beneficiaries,shall be determined from time to time by him and the amounts aid time;; of said payments shall be determined by such need. 1. All payments of principal and income hereby given shall be fret from anticipation, assignment, pledge or obligations of the beneficiary, and shall not be subject 2 to any execution or attachment. 2. All principal and accumulated income, not otherwise applied shall be distributed in equal shares to my beneficiaries and the trust terminated according to the following procedure: 1/2 of the trust estate at age 21; and 1/2 of the entire balance of the trust estate at age 25. If said beneficiaries are all older than 25 years when this instrurrlent takes effect, they shall receive their share outrighit. ITEM 5:' If the trust in ITEM 4 takes effect, I appoint my son, ALBERT 'H. MASLAND as Trustee; if he cannot or does not serve then JOHN C.'CSZOSTOWICZ, ESQ, shall be alternate Trustee. No bond shall b~ required for any Trustee. ITEM 6: ', In the administration of my estate my Executor shall have the following powers without leave of court in addition to, but not in 'limitat.ion of, the powers granted by law to the Executors ofl estates, which powers shall continue after the termination o',f my estate until actual distribution of the assets: A. To deceive in the estate and to retain any assets, real or personal, 'to which I may be entitled at the time of my death, which my Executor may deem for the best interest of the estate without being required to convert said assets into so-called "legal investrfients". B. To invest and reinvest in such securit:Les as a prudent 3 investor of intelligence and discretion would buy for himself for investment, and not for speculation, giving due regard to the safety of the principal and the adequacy of the income, and without being limited to the so-called "legal :investments" of the Commonwealth of Pennsylvania, said investment authority to include the right to invest: in any Discretionary or Legal Common Trust Fund that may be administered and managed by a Corporate Executor or CorporatQ Trustee. C• To sell or buy real estate without Court order at public or private dale; to make, execute and deliver or receive good and sufficient peeds of conveyance and give or receive good title therefor; tq reinvest the proceeds as if they had originated in per:;onal property; to mortgage or encumber any real estate comprising pert of my estate, borrowing the necessary funds from himself or from any other source; to improve any property or otherwise expend principal funds for the upkeep and welfare of any properties; Tio release, vacate and abandon the same; to grant and acquire licenses and easements with respect thereto; to make improvements Ito or upon the same; and in general to do all things necessary inthe management of the properties as if he is the owner thereofl, including the right to let property and to make leases for an~ term. The purchaser shall not be required to see to the proper~lapplication of proceeds but may pay the same over to the Executor felling the same. D• To maike distribution hereunder in cash or of property and securities in kind at fair market value at the time of such distribution and in such a manner as to be :Fair, equitable and just to all concerned. Distributions of property and securities are not required to be identical among the beneficiaries, and some ma.y receive one type of property or security while another may receive another type of property or security. E• To exercise any election or privilege given by the federal and' other t:ax laws, including but not limited to, the election of'' the alternate valuation date for :Federal estate tax purposes, the election to claim deductions for federal estate tax or for feder~ial income tax purposes, and the election of the method °f payment of pension, profit-sharin ret::rement g' hR-10, individual at;count, and any other similar benefits. In addition, my Executor;, in his sole discretion, may make or not make equitable adjustment among the beneficiaries, without the consent of i:he bene~iciarie;>, for the exercise or non-exercise of any election or pl,rivileges. ITEM 7: If, for any reason, a guardian over the estate of a beneficiary dr beneficiaries is needed or required, my Executor shall. be the' guardian of the estate of such beneficiary or beneficiaries,;, with the same rights, powers, privileges, duties and responsibi,~lities as I have given to him as Executor. ITEM 8: All references in m y Will to issue shall include those born or !,adopted, either before or after the date of my Will. Adopted persons shall be considered as children o].` their adoptive parents, and tthey and their descendants shall be considered as issue of their adoptive parents, regardless of the date of the 5 adoption. ITEM 9: I nominate, constitute and appoint my son, ALBERT H. MA:iLAND, to be the sole Executor of this, my Last Will and Testament. If my son is unable or unwilling to serve or to continue to serve as Executor, I appoint JOHN C, OSZUSTOWICZ, ES . to be the sole Executor 4 of this, my Last Will and Testament. No Executor shaill be required to give bond. ITEM 10: Wherever the context requires, the masculine gender shall include the feminine and neuter gender, and vice versa, and the singular-shall include the plural, and vice versa. IN WITNESS WHEREOF, I have hereunto set my hand and seal this ~~day of ~~~`~-_ 2 0 0 6 . J , WARD K. SL,AND Signed, healed, published, acknowledged and declared above-named Tdstator, EDWARD K. MASLAND, as and for his and Testament, in the, by the presence and Presence of us, who at his Last Will subscribed In the Presence of each other, request, in his our names as ~.~+,tnesses thereto. have hereunto Of ~~~' ~hh~ ,IC7jy i 7° i3 6 COMMONWEALTH OF PENNSYLVANIA COCJNTY OF CUMBERLAND ~ SS: 1, EDWARD K. MASLAND, Testator, who signed the foregoing instrument, having been duly qualified according to law, acknowledge that I signed and executed the ins~rument as my free and voluntary act for the purposes try C ~ n containe EDWARD r,> AND Sworn to or affirmed and acknowledged before me by',EDWARD K. MASLAND, the Testator, this %J day of SZd~~ 2006. ~. mm n e l h f P nn v ni NO7ARIAL SEAL Notary Publi KIMBERLY q. LEO, Notary Public Carlisle Borough, County of Cumt~erland ' MY Commission Expires Oct. 10, 2009 DOMMONWEALTH n~ omn,~,<.~,..._..__ COUN'PY OF CUMBERLAND J SS: We, the' undersigned witnesses who si ned instrument, b ing duly qualified according to 9 aw the foregoing that we were present and saw Testator si n dep°se and say instrument as!, her Last Will 9 and execute the executed it h~illin 1 and Testament; that: she signed and purposes therein 4 y as her free and voluntary act for hearin si ne expressed; that each of us in her the g g the Will as witnesses• sight and each of us; a d that to the best of ourtknowledgeltand observation the Testator ~as at the time of sound mind and under no constraint or undue influence. ~~ r Sworn to or af~: to before me b and TYIUca this ~^'day o ~1u1f1 Notary Public rnm nwe Ith f e n Iv i NOTARIAL EAL KIMBERLY R. LEO, t$otary Public Carlisle Borough, Coun of Cumberland My Commission Expire Oct. 10, 2009 2006. 7