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Home My WebLink About08-08-12 (3)1505610101 -'~ REV-1500 EX (o~-io) ~ OFFICIAL USE ONLY PA Department of Revenue pennsylvarria County Code Year File Number ARTMENT OF REVENUE _ Bureau of Individual Taxes INHERITANCE TAX RETURN "`~' '~ ' PO BOX 280601 RESIDENT DECEDENT 2 1; 1 2 '0 3 S 1 Harrisburg, PA 1'7128-0601 - ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death MMDDYYYY Date of Birth MMDDYYYY - ~°~ 1 3 0 3, 2, 5 9 8 4 0 3 1 8 2 0 1 2 0 3 2 5' 19.4. 1 Suffix Decedents First Name MI Decedent's Last Name L o i S~ F• G l E n n o n ~~ - (If Applicable) Enter Surviving Spouse's Information Below MI Spouse's Last Name Suffix.. Spouse's First Name Spouse's Social Security Numeer THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL INAPPROPRIATE OVALS BELOW ~ 1. Original Return Q 2. Supplemental Return O 3. Remainder Return (date of death prior to 12-13-82) O 4. Limited Estate O 4a. Future Interest Compromise (date of O 5. Federal Estate Tax Return Required death after 12-12-82) 6. Decedent Died Testate O 7. Decedent Maintained a Living Trust Q 8. Total Number of Safe Deposit Boxes ~ Attach Copy of Trust) (Attach Copy of Will) ( O 9. Litigation Proceeds Received O 10. Spousal Poverty Credit (date of death O 11. EAttach SchaOunder Sec. 9113(A) between 12-31-91 and 1-1-95) ( ) CORRESPONDENT - THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED T0: Name Daytime Telephone Number A n t h o n y L. D e L u c a E s q. 7 -1 ~7 ~~ 2 .5 8 r. 6 8 4 4 First line of address 1 1 3 F r o n t S t r e e t Second line of address P O B o x 3 5 8 City or Post Office State B o i l i n'g S p r i n g s P A REGISTER OF WILLS USE ONLY F+.3 ~..,~ ~ r-_,} = ~ ' r1 I ! ; G'3 ~' ~ I ~n .'- C7G -ii ,' FILED - ~ _ ~ c; ZIP Code 1 7 0 0 7 .~., Correspondent's a-mail address: 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. SI URE PE ESPO IB F FILING RETURN TE ADDRESS ~ ~ ~, 7 Z l ~ ~fr, Q iQ.~.C- T ,./ ~ DATE SIG E RER OTH N R E N VE ~ ESS ~ ~ ~ ~.~ O+d S~/" ,ems • ~ ~ d' 3 ~~/ LEASE USE ORIGINAL ORM ONLY Side 1 1505610101 1505610101 J J 1505610105 REV-1500 EX Decedent's Social Security Number Decedent's Name: Lois F. Glennon 1 3 0 3 2- 5 9 8 4 RECAPITULATION 1. Real Estate (Schedule A) ............................................. 1. 1 8 9, 0 ,_ 0: 0~ 0, 0 2. Stocks and Bonds (Schedule B) ....................................... 2. . Q ~Q 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C) ..... 3. 0 ~ 0 0 . - ~•- -.~~,-~,d 4. Mortgages and Notes Receivable (Schedule D) ........................... 4. ~ ~ 0 0' 0 . 5. Cash, Bank Deposds and Miscellaneous Personal Property (Schedule E)....... 5. 1 2 5 YM1 ~ ~,~ ^ _ ~ .6~8~. 5 ,s~ 6. Jointly Owned Property (Schedule F) p Separate Billing Requested ....... 6. ' 0 ~ 0 0 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property • T='*; -~•3-+a •=~ ~` (Schedule G) p Separate Billing Requested........ 7. ~ 5 '7 ~ 4 + 9 ` 3 ~ 8r 2: 8. Total Gross Assets (total Lines 1 through 7) ............................. 8. 2 S 9 ~ 0 , 6 . ~ ~ 5 ~ 9. Funeral Expenses and Administrative Costs (Schedule H) ................... 9. 10. Debts of Decedent, Mortgage Liabilities, and Liens (Schedule I) .............. 10. ~* ~ g `' 1 1~ 1 , ...,,.~- +c@+ .rte ~-~~.r~a~` _.,~~: 11. Total Deductions (total Lines 9 and 10) ................................. 11 ' 7 : 5~s5 5 8 •:~ 2 . ~<_ ~°~ . 12. Net Value of Estate (Line 8 minus Line 11) .............................. 12. 1 ' R+l~ ~' ~ - 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which , f~ +~'• ~,. }'~ 3. an election to tax has not been made (Schedule J) ........................ 13. ~~ ,~ l;~Ll R 14. Net Value Subject to Tax (Line 12 minus Line 13) ......................., 14. 1 4 8, 5 ; 0 4 _~ 3 4 TAX CALCULATION -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 .0. - .~.. 15. 16. Amount of Line 14 taxable ~_ T =' r- ~`.~~ ^~ _~', "~. ~ .v ' at lineal rate X .0 4 5 1 4 8 r 5 0 4 3 4 16 ' ,JF 6 r f/ 8 ~2 6 9 17. Amount of line 14 taxable "'`~"~`~ - at sibling rate X .12 ~ ~ ~ ~ , - 17 r ; t H 18. Amount of Line 14 taxable ~ ~ ; at collateral rate X .15 ~ ~ 1g, " ~, ~ ; ~ 19. TAX DUE .........................................................19 ~ ~ 6;6`~8, 2 6~9~ ..-- mar ~ ~ ~.~ ,r ,.:~:+ 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT Side 2 1505610105 1505610105 J REV-1502 EX+ (i1-08) Pennsylvania DEPARTMENT OF REVENUE INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF SCHEDULE A REAL ESTATE Lois F, Glennon FILE NUMBER I real roe y 21 -1 2-0351 p p rty owned sole) 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 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. ITEM Include a copy of the deed showing decedent's interest if owned as tenant in common. NUMBER VALUE AT DATE DESCRIPTION OF DEATH I• I Residence situated at 223 Touchstone Drive, Carlisle, PA. See attached appraisal. $189,000.00 TOTAL (Also enter on Line 1, Recapitulation) I $ 1 8 9 If more space is needed, insert additional sheets of the same size. r O O O 0 0 REV-1503 EX+ (6-98) - SCN COMMONWEALTH OF PENNSYLVANIA EDULE B INHERITANCE TAX RETURN STOCKS & BONDS RESIDENT DECEDENT CCTATC n~ Lois F, Glennon FILE NUMBER 21-12-0351 All property jointly-owned with right of survivorship must be disclosed on Schedule F. ITEM NONE VALUE AT DATE _ OF DEATH -0- TOTAL (Also enter on line 2 Recapitulation) I $ 0 (If more space is needed, insert additional sheets of the same size) REV-1504 EX+ (1-97) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ~J ~„~ ~ yr SCHEDULE C CLOSELY HELD CORPORATION, PARTNERSHIP OR SOLE-PROPRIETORSHIP Lois F, Glennon FILE NUMBER Schedule C-1 or C-2 (including all supporting information) must be attached for each closely-held corporation/partnership interest~Of3he decedent, other than sole-proprietorship. See instructions for the supporting information to be submitted for sole-proprietorships. ITEM NUMBER a NONE VALUE AT DATE -0- TOTAL (Also enter on line 3 Recapitulation) I $ -0- (If more space is needed insert additional sheets of the same size) REV-1507 EX+ (1-97) ,`~ COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Lois F. Glennon ITEM NUMBER All property jointly-owned with right of survivorship must be disclosed on Schedule F. DESCRIPTION VALUE AT DATE OF DEATH NONE -0- TOTAL (Also enter on line 4, Recapitulation) $ -~- (If more space is needed, insert additional sheets of the same size) SCHEDULE D MORTGAGES & NOTES RECEIVABLE FILE NUMBER 21-12-0351 REV-1508 EX « (i-97) SCHEDULE E COMMONWEALTH OF PENNSYLVANIA CASH, BANK DEPOSITS, $c MSC. INHERITANCE TAX RETURN RESIDENT DECEDENT PERSONAL PROPERTY ESTATE OF Lois F. Glennon FILE NUMBER Include the proceeds of litigation and the date the proceeds were received by the estate. Alf ro 21-12 - 0 3 51 ITEM P party jointly-owned with the right of survivorship must be disclosed on Schedule F. NUMBER DESCRIPTION VALUE AT DATE ~' Checkin OF DEATH g account, #1010067301773, at Wells Fargo 2• Savings Account #3000083366852, at Wells Fargo $357.36 3• 701.39 Miscellaneous personal property. See attached appraisal 1,710.00 4• 2006 Subaru Forester, LL Bean Edition 4 X 4. See attached appraisal of 4 door SUV, 9 800.00 property. personal TOTAL (Also enter on line 5 Recapitulation) I$ 2, S 6 8• 7 5 (If more space Is needed Insert addltlonal sheets of the same size) REV4509 EX. (1-97) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF SCHEDULE F JOINTLY-OWNED PROPERTY A. Lois F, Glennon FILE NUMBER 21-12-0351 If an asset was made joint within one year of the decedent's date of death, it must be reported on Schedule G. SURVIVING JOINT TENANT(S) NAME ADDRESS NONE B. C. JOINTLY-OWNED PROPERTY: LETTER DATE DESCRIPTION OF PROPERTY ITEM FOR JOINT MADE Include name of financial institution and bank account number or similar identifying number. Attach NUMBER TENANT JOINT deed forjoinUy-held real estate. 1. A. DATE OF DEATH VALUE OF ASSET RELATIONSHIP TO DECEDENT OF DATE OF DEATH DECD'S VALUE OF INTEREST DECEDENT'S INTEREST -0- TOTAL. (Also enter on line 6 Recapitulation) I $ (If more space Is needed, Insert addltlonal sheets of the same slze) -0- REV-1510 EX+ (08-09) ~ Pennsylvania DEPARTMENT OF REVENUE INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF SCHEDULE G INTER-VIVOS TRANSFERS AND MISC. NON-PROBATE PROPERTY ITEM JMBER 1 Lois F. Glennon FILE NUMBER 21-12-0351 This schedule must be completed and filed if the answer to any of questions 1 through 4 on page three of the REV-1500 is yes. DESCRIPTION OF PROPERTY INCLUDE THE NAME OF THE TRANSFEREE, THEIR RELATIONSHIP TO DECEDENT AND DATE OF DEATH % OF DECD'S EXCLUSION THE DATE OF TRANSFER. ATTACH A COPY OF THE DEED FOR REAL ESTATE. VALUE OF ASSET INTEREST (IF APPLICABLE) Annuitys contract #306742700, with AXA Equitable. Designated Beneficiary 24,493. 2 is Leah R. Glennon, step-daughter 100$ _0_ TAXABLE 24,493.82 2• Annuity, contract #1689179 with American General Life Insurance 15.000.0 100$ Company. Designated Beneficiary is -0- 15,000.00 Leah Glennon, step-daughter 3. Annuity, contract #038523959, with American General Life Insurance Company 18'000.0000$ Designated beneficiary is Leah Glennon, -0- 18.000.00 step daughter TOTAL (Also enter on Line 7, Recapitulation) ~ I5 7 , 4 9 3.8 2 If more space is needed, use additional sheets of paper of the same size, REV-1511 EX+ (10-06) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ~~~M~~ yr Lois F. Glennon ITEM SCHEDULE N FUNERAL EXPENSES & ADMINISTRATIVE COSTS FILE NUMBER 21 -1 2-0351 Debts of decedent must be reported on Schedule I. A. FUNERAL EXPENSES: y~vvn~r ~ i~rv 1• Hoffman Roth Funeral Home & Crematory Inc. 219 North Hanover Street Carlisle, Pennsylvania $8,063.84 i3. ADMINISTRATIVE COSTS: ~ • Personal Representative's Commissions Name of Personal Representative(s) Leah R , ----____Gle_nnon _ _ _ _ __ street Address __60 S. Chestnut Street 9, 600.00 ary ew Psltz - State NY Zip 12 5 61 --_ - - - _ Year(s) Commission Paid: 2 012 _ 2• Attorney Fees Anthon L - Y DeLuca, Esquire 3• Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) 9 . 5 0 0.0 0 Claimant Street Address - - City - - --- ---- -- State Zip ---- - - _ - Relationship of Ctaimant to Decedent 4. Probate Fees 5• Accountant's Fees 342.50 6• Tax Return Preparer's Fees 500.00 ~. 8• Legal Advertising - Cumberland Law Journal Legal Advertisin 9• 10. Filing Fees for InheritancetTaxland Inventory Diversified A 75.00 210.78 Real Estate PPraisal Services -.Appraisal of 30.00 11. Roy D. Gottshall, Auctioneer personal - Appraisal of 350.00 property. 75.00 TOTAL (Also enter on line 9, Recapitulation) If $ 7 4 7 2 8 1 2 ( more space is needed, insert additional sheets of the same size) • ~ REV-1512 EX+ (12-03) SCHEDULE 1 COMMONWEALTH OF PENNSYLVANIA DEBTS OF DECEDENT , INHERITANCE TAX RETURN MORTGAGE LIABILITIES, 8c LIENS RESIDENT DECEDENT ESTATE OF Lois F. Glennon FILE NUMBER ITEM Report debts incurred by the decedent prior to death which remained unpaid as of the date of death, including unreimbursed medical e xpenses. NUMBER DESCRIPTION VALUE AT DATE ~ AT&T - Credit Card OF DEATH 2• 3 Carlisle Regional Medical Center - Medical $2-524.73 • 4 Cumberland Goodwill Fire Rescue EMS 65.00 • JC Penny - Credit Card 75.00 5• Kohl's - credit card 37.10 6. Macy's - Credit Card 457.11 7• 8 Penn State Hershey - Medical 72.83 • PPL - Electric 150.00 9. 10 SMTMA - Sewer & water bill 150.87 . UGI - Gas 112.32 11. Verizon - Telephone 45.57 12. Wells Fargo Home Mortgage 147.82 .6,811.11 TOTAL (Also enter on line 10 Recapitulation) $ I 5 0, 6 4 9 4 6 (If more space is needed, insert additional sheets of the same size) REV-3533 EX+ (11-08) ~ Pennsylvania DEPARTMENT OF REVENUE INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF NUMBER I 1 2. 3. 4. 5. II 1. 12 I 3. Lois F. Glennon SCHEDULE ~ ,BENEFICIARIES NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY TAXABLE DISTRIBUTIONS [Include outright spousal distributions and. transfers under Sec. 2116 (a) (1.2).] Lois Carter 111 Merrill Street Brentwood, New York 11717 Delores Glenn=Lewis 6200 N. Oracle Road, Apt. 120 Tucson, Arizona 85704 Ivy Glennon 1404 E.-McMillan - Apt 19 Cincinnati, Ohio 45206 Leah Glennon 60 S. Chestnut Street New Paltz, New York 12561 7311 South Platte River Parkway step-daughter 1/5 residuary FILE NUMBER 21-12-0351 RELATIONSHIP TO DECEDENT AMOUNT OR SHARE Do Not List Trustee(s) OF ESTATE step-daughter step-daughter $10,000.00 Bequest $10,000.00 Bequest 1/5 residuary 1/5 residuary Hope Glennon Building 13-Apartment 106 Littleton, Colorado 80120 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 8 OF REV- 500 OVER SHEET, AS APPROPRIpa ge NON-TAXABLE DISTRIBUTIONS; A. SPOUSAL DISTRIBUTIONS UNDER SECTION 2113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS Second Presbyterian Church, Carlisle, PA Smile Train 44 Madison Avenue, 28th Floor New York, N.Y. 10010 World Vision P:O. Box 70399 ~ ~~ Tacoma, Washington 98481 - Continued on attached page $18,000.00 2,000.00 5,000.00 TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET. $ X35, 000.00 If more is needed,. insert additional sheets of the same size. SCHEDULE J CONTINUED BENEFICIARIES Estate of Lois. F. Glennon File Number 21-12-0351 6. Kim Roberts step-daughter 4696 Huggins Way San Diego, ,California 92122 7. Caitlin Carroll step-daughter 55>Wendover Drive Huntington, New York 11743 1/5 residuary 1/5 residuary SCHEDULEJ CONTINUED CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS Estate of Lois F. Glennon File Nu ber 21-12-0351 4. Sunshine Acres 165 Sportsman Road Napanoch, New York 12458 5. TEAM P.O.~Box 969 Wheaton, IL 60187 $5,000.00 $5,000.00 ., OF o •.- .~_- LOIS F. GLENNON ~o ~~~:~ :~-~ ~u ~ C7 c r~> ~'~ rn r,:+ ;~~ r~ r ~{ I, LOIS F. GLENNON, a resident of Gardners, Cumberland Count ~~~, ~'~' Pennsylvania being of sound mind, memory and understanding, do hereby rr-it~ke ubli r`~~ ~ ~.~ Y~~~ p ~ ' _~ r- ,~ 'Yl and declare this to be my Last Will and Testament, hereby revoking all Wills and Codicils heretofore made by me. ITEM 1: I direct that all my just debts, the expenses of my last illness and funeral expenses be paid as soon after my decease as the same can conveniently be done. ITEM 2: I direct that there shall be paid out of my residuary estate all estate, inheritance and like taxes together with any interest or penalty thereon imposed by the government of the United States, or any state or territory thereof, or by any foreign government or political subdivision thereof, in respect to all property required to be included in my gross estate for estate, inheritance or like tax purposes by any of such governments, whether the property passes under this Will or otherwise, excluding, however, any property over which I have a taxable power of appointment, provided, however, that no residuary beneficiary shall by reason of this provision be denied the benefit of any deduction, credit, favorable rate of tax or other benefit which by law enures to such beneficiary. ITEM 3: To the individuals listed below, I bequeath the following: ~~ __ ~~~~~~ LOIS F. GLENNON 1 LAST WILL AND'TESTAIVIENT OF LOIS F. GLENNON a. To LOIS CARTER, currently of Baltimore, Maryland, if she shall survive me, the sum of Ten Thousand Dollars ($10,000.00); and b. To DECOKES GLENN-LEWIS, currently of Tucson, Arizona, if she shall survive.me, the sum of Ten Thousand Dollars ($10,000.00). ITEM 4: I give, devise and bequeath all of the rest, residue and remainder of my estate, real, personal and mixed, of whatsoever kind and nature, and wheresoever situate at the time of my death, in equal shares, unto my step daughters, IVY GLENNON, LEAH GLENNON, HOPE GLENNON, KIM ROBERTS, and CAITLIN CARROLL, provided however, that they survive me and are living sixty (60) days after the date of my death. ITEM 5: If and in the event that a step daughter of mine does not survive me and is not living sixty (60) days after the date of my death, then and in such event, I give, devise and bequeath the interest in my estate, which such deceased step daughter would have received, if living, to the issue of said deceased step daughter, per stirpes. ITEM 6: I hereby nominate, constitute and appoint my step daughter, LEAH GLENNON, Executrix of this my Last Will and Testament, with full power to do any and all things necessary for the complete administration of my estate, and direct that no bond ~~~ ~~~~~+~~ LOIS F. GLENNON 2 ...- . „ - ~ . ,r ,-,. EAST WILL AN~'TESTA`1viENT OF LOIS F. GLENNON or other surety is required of her in this or any other jurisdiction for her performance of this office. If and in the event that my step daughter, LEAH GLENNON, does not survive me and is not living sixty (60) days after the date of my death, or does not complete her duties as Executrix, then and in such event, I hereby nominate, constitute and appoint JAMES GLEASON, the husband of LEAH GLENNON, Executor of this my Last Will and Testament, with full power to do any and all things necessary for-the complete administration of my estate, and direct that no bond or other surety is required of him in this or, any other jurisdiction for his performance of this office. ITEM 7: If any provision of this Will or of any Codicil hereto is held to be inoperative, invalid or illegal, it is my intention that all the remaining provisions thereof shall continue to be fully operative and effective, so far as is possible and reasonable. IN WITNESS WHEREOF, I, LOIS F. GLENNON, the Testatrix, have to this my Last Will and Testament, typewritten on four (4) consecutively numbered pages, subscribed my name and affixed my seal this ~fi~day of May, 2005. ~~~ ~. ~~- (SEAL) LOIS F. GLENNON 3 LOIS F. GLENNON Signed, sealed, published and declared by the above named LOIS F. GLENNON, as and for her Last Will and Testament, in the presence of us, who have hereunto subscribed our names at her request, as witnesses hereto, in the presence of the said Testatrix, and of each other. - ^T ~._ r iding at L ~~ ~ ~i~d~ ~ ~ t10~ L residing at ~ ~d~ 4 FIRST CODICIL TO LAST WILL AND TESTAMENT OF LOIS F. GLENNON DATED MAY 4 2005 I, LOIS F. GLENNON, widow, of South Middleton Township, Cumberland County, Pennsylvania, being of sound and disposing mind, memory, and understanding, do make, publish and declare this as and for a First Codicil to my Last Will and Testament, dated May 4, 2005, to be in addition to and supplemental to the provisions contained in said will. To the below-listed organizations, I give and bequeath as follows: a. To the Second Presbyterian Church, Carlisle, Pennsylvania, the sum of $18,000.00; b. To the Smile Train, 44 Madison Avenue, 28th Floor, New York, New York 10010, the sum of $2,000.00; c. To World Vision, , P. O. Box 70399, Tacoma, Washington 98481, the sum of $5,000.00; d. To Sunshine Acres, 165 Sportsman Road, Napanoch, New York 12458, the sum of $5,000.00; e. To TEAM, P.O. Box 969, Wheaton, IL 60187, the sum of $5,000.00. Except as herein provided, I ratify and confirm the provisions set forth in my said Last Will and Testament dated May 4, 2005. IN WITNESS WHEREOF, I have hereunto set my hand and seal to this First Codicil to my said Will dated May 4, 2005, on this the 10`'' day of June, 2009. ~... 9~.5 C2~~,,~{ (SEAL) LOIS F. GLENNON Signed, sealed, published, and declared by LOIS F. GLENNON the Testator above named, as and for his Last Will and Testament, in our presence, who, in his presence, at his request, and in the presence of each other, have hereunto subscribed our names as attesting witnesses. U 1 :~ J /' s ~ ' ~~_. a _~ ~ .. - "-~ ~ i Li n .~: rJ ~: ~~ `-~ ~ i7C ~ ~•L~Q _ C~1 i~Ll .~. " ' .~ !-: is ~ a-- ~~` ``_ :xs~ ~..._. ~`-~ ...., U APPRAISAL REPORT 223 TOUCHSTONE DRIVE CARLISLE, PENNSYLVANIA PREPARED FOR THE ESTATE OF LOIS F. GLENNON BY LARRY E. FOOTE DIVERSIFIED APPRAISAL SERVICES 35 EAST HIGH STREET, SUITE 101 CARLISLE, PENNSYLVANIA 17013-3.052 (717) 249-2758 i SUMMARY OF IMPORTANT FACTS AND CONCLUSIONS LOCATION: 223 Touchstone Drive Carlisle, Pennsylvania TAx PARCEL NUMBER: 40-09-0529-234 .IMPROVEMENTS: One-story semi-detached single-family d~'elling. PROPERTY RIGHTS: Fee simple interest. OWNERSHIP HISTORY: The subject property is owned b propert 1 Y Lois F. Glennon The Y ast transferred on July 16, 2008 for a reported consideration of $1.00 and ownership conveyed on deed reference 200824964. SCOPE OF THE ASSIGNMENT: The scope of the assi subject's area gent included an analysis of the an inspection of the subject property, an estimation of the ro e consideration -of -a11 p p rty's ~ghest and best use, three approaches to value, and the application of those .relevant to the valuation of the subject. CLIENT: INTENDED USER: OBJECTIVE: EFFECTIVE DATE: INSPECTION DATE: HIGHEST AND BEST USE: t COST APPROACH: SALES APPROACH: INCOME APPROACH: Lois F. Glennon estate. Lois F. Glennon estate. To estimate the market value of the subject property as unencumbered. March 18, 2012. Jane 7,.2012. Continued use as asingle-family residence. N.A. $189,000 N.A. FINAL VALUE CONCLUSION: $189,000 2 ,. -- . ,nty r'"" ~, ,- .. ~ ~:- l"~ ~'1~~°~';'`~~ f`~" ~ ',~ l,~r-~r ,~'7',~""a ,t^ i Lam'...-~'~~`'f~` ~,, ~. .. _.,. .. ,/ r r ~ /,. ._ ~~ ~ - ~. ~, ~~ :-, mac.-,-.- „'~ . /'~ Y `~'/^1~ f f ,~w +' ~ ~~~Vg~ j\. ~ ,,ryrye~, ~ .~ / p_ < / ~ ~ 1 /~ y f , . ,,.~ ~ -~ .. ,r ~ ~ .. ,~ ~' ~' ,~,. .~" ~~ _ _ _,~ r. _ _ /~ c *. ~4~ r ~;,~. ,> _ _ r ~j~y _._ 14-' r t.. // ~~, l .._._ _. ._......n__. .__.._ ..._ ~ ,_ ,~i -/LIB' ..~'. ~. __ l T ~-- _ . _ __ _.___ d ~- ~__ _ __ _ __ ~. _ ~ ~ . ,~.. ~, ~~ ., _ - _ f, Y ~ ~ rn"~ _. .~f ~~~° ~..~~ f ~' ~.~~ r ,~ ~.t ter` ~ ~. ~.. _ " ~~ f~ ~ ~.~p~ Id~µ` f`'%~ 6w..,._ i ~~. ,~-~ . a~~,~-~- .A' .. F ,,, ~. , . ... .. ~ ~ ~,. ,, ~~.~.' ~ f .. .. ~~ -e _ _ ~ .. ~, a/~ ~ /, ~/~/ lI~ ~> ~~ .~'' // /l /~"L _- __~ _ ~o . ..- ._ -. = v i' r ~ ~ ~~~ _... ~ ., -_.e , ____. f _ -M ' -,.. _ ._ '7 . ,~~~q#1~2~x ' „r \! yam' ~ ~ _ - .. _. .. _,.... _ . - , w ,_, !. ~, •~) ~ f t~` /~..~ ~? _ _ _ ,,~ j o ,F __.~_ ~-, _. .~~~~ ,. ~ __ ,- ~` ~ ~-- _ ,. ~ _~ ~. ~= ~ ,: ,,~ . __ ~. ~~~~~ TSHA~L . t - - y/~ ~ ., -~s ~"~.. REV-1500 EX Page 3 Decedent's Complete Address: STREET ADDRESS CITY Lois F. Glennon 223 Touchstone Drive Tax Payments and Credits: 1. Tax Due (Page 2, Line 19) 2. Credits/Payments A. Prior Payments _ B. Discount 3. Interest 4. If Line 2 is greater than Line 1 + 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. File Number 21 _ 1 2 - 0 3 51 STATE ZIP P`A 1701' (1> $6, 682.69 Total Credits (A + g) (2) - 0 - (3) __~~ (4) --- (5> $6,682 69 Make check payable to: REGISTER OF WILLS AGENT. - ~:°~ ~; . 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 :.......................................................................................... ^ b. retain the right to designate who shall use the property transferred or its income : ............................................ ^ c. retain a reversionary interest; or .......................................................................................................................... ^ d. receive the promise 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 "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? ........................................................................................................................ ® ^ IF THE ANSWER T{O~A~NYO~F THE ABT"OVE /QUESTI~O~NS IS'{.YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. 4„~', try R~, lr1~f d~A_^ ~M~~~~'L:Rr~".~'YS+ i~~k~~,+~L: am'~y:.'!~{~ p Y7S ~ r.,.. - ~Y1 ~. .v 'z 'Y .. t'.,-ST ..~., ~~_-'..~ t'. ism, ,. .. ff ~`~~4 ~4,w 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 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)]. 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)j. • 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)]. 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.