HomeMy WebLinkAbout10-01-121505610143
REV-1500 Ex(°'-'°'
OFFICIAL USE ONLY
PA Department of Revenue Pennsylvania county code rear File Number
Bureau of Individual Taxes °E"""T"'ENT0F1'E`~'"'E
Po Box.2sosol INHERITANCE TAX RETURN 21 l~ ~(~ 1v
Harrisburg, PA 17128-0601 RESIDENT DECEDENT
ENTER DECEDENT INFORMATION BELOW
Social Security Number Date of Death
07 O1 2012
Decedent's Last Name Suffix
CHRONISTER
(If Applicable) Enter Surviving Spouse's Information Below
Spouse's Last Name Suffix
Spouse's Social Security Number
Date of Birth
O1 11 1919
Decedent's First Name MI
PAULINE F
Spouse's First Name MI
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 ~ 4a. Future Interest Compromise
(date of death after 12-12-82) ~ 5. Federal Estate Tax Return Required
O g Decedent Died Testate 171
JbJ ~ ~A ~eCo ain~~jned a Living Trust
t ~ 8. Total Number of Safe De Sit BOxeS
P°
(Attach Copy of Will) py
o
rus
)
9. Litigation Proceeds Received ~ 22
r
ty C
10. b~nveeriP2 3191 drt (datge5~f death
t ~ 11.Eledion to tax under Sec. 9113(A)
(Attach Sch. O)
CORRESPONDENT -THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO:
Name Daytime Telephone Number
SUZANNE H GRIEST ESQ 717 846 8856
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REGISTER OFFS USE Ovt#hY
as 'r-,. r- "`~ C. ~ L7 _. .
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First line of address r- °-~ r~:-I I
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12 9 EAST MARKET
STREET .
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Second line of address n:~''~ ~7
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City or Post Office
State ZIP Code DATE FILED tv art ,.c°
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YORK PA 17401
Correspondent's a-mail address: Sgrl@stf'c~ghhSlaW.COm
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.
SIGyQTURE 0~ PERSON RESPQNSIBJ7E FOR FLING R6+rURN ^ E~ ,
C,, Jud A. Chronister `Z~~Y/! L
DRESS
570 wood Drive M chanicsbur PA 17055 / /~/, L
SIGNA RE OF PREPARER OTH R T N REPRES~ATIVE DATE
,( ,(~j Suzanne H. Griest Esq.
129 Est Market Street, York, PA
Side 1
1505610143 1505610143
1505610243
REV-1500 EX
Decedent's Name: Cihronl8ter, Pauline F.
Decedent's Social Security Number
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.
4. Mortgages & Notes Receivable (Schedule D) ...................................................... .. 4.
5• Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) ............. .. 5. 208 , 977.44
6. Jointly Owned Property (Schedule F) ^ Separate Billing Requested........... . 6.
7. Inter-Vivos Transfers & Miscellaneous -Probate Property
(Schedule G) Separate Billing Requested........... . 7. 523 , 647.68
8. Total Gross Assets (total Lines 1-7) ................................................................... .. 8. 732 , 625.12
9. Funeral Expenses & Administrative Costs (Schedule H) ...................................... . 9. 8 , 413.81
10. Debts of Decedent, Mortgage Liabilities, 8 Liens (Schedule I) ............................ .. 10. 301.58
11. Total Deductions (total Lines 9 & 10) ................................................................. .. 11. H , 715.3 9
12. Net Value of Estate (Line 8 minus Line 11) ........................................................ .. 12. 72 3 , 90 9. 7 3
13. Charitable and Governmental Bequests/Sec 9113 Trusts for which
an election to tax has not been made (Schedule J) ............................................. .. 13.
14. Net Value Subject to Tax (Line 12 minus Line 13) ............................................. .. 14. 723 , 90 9.73
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
723
909.73
16
at linealratex .045 , .
17. Amount of Line 14 taxable
at sibling rate X .12 0 . 0 0 17.
18. Amount of Line 14 taxable
at collateral rate X .15 0 . 0 0 18.
19. Tax Due ................................................. ................................................................ . 19.
20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT.
0.00
32,575.94
0.00
0.00
32,575.94
Side 2
1505610243 1505610243 J
REV-1500 EX Page 3
Decedent's Complete Address:
File Number 21
DECEDENT'S NAME
Chronister, Pauline F.
STREET ADDRESS
570 Dogwood Drive
CITY
Mechanicsburg STATE
PA ZIP
17055
Tax Payments and Credits:
1. Tax Due (Page 2, Line 19) (1) 32,575.94
2. Credits/Payments
A. Prior Payments 30,947.14
B. Discount 1,628.80
Total Credits (A + B) (2) 32,575.94
3. Interest (3)
4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. (4)
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. (5) 0.00
Make Check Pa able 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 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"J
IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN.
For dates of death on or after July 1, 1994 and before Jan. 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving
spouse is 3 percent [72 P.S. §9116 (a) (1.1) (i)].
For dates of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0 percent
[72 P.S. §9116 (a) (1.1) (ii)]. The statute does not exempt a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of
assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary.
For dates of death on or after July 1, 2000:
• The tax rate imposed on the net value of transfers from a deceased child 21 years of age or younger at death to or for the use of a natural parent, an
adoptive parent, or a stepparent of the child is 0 percent [72 P.S. §9116 (a) (1.2)].
. The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4.5 percent, except as noted in
72 P.S. §9116 1.2) [72 P.S. §9116 (a) (1)].
. The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 12 percent [72 P.S. §9116 (a) (1.3)]. A
sibling is defined under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption.
Rev-1508 EX+ (g.88)
SCHEDULE E
CASH, BANK DEPOSITS, & MISC.
PERSONAL PROPERTY
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF FILE NUMBER
Chronister, Pauline F. 21
Include the proceeds of litigation and the date the proceeds were received by the estate.
All property jointly-owned with tha right of survivorship must be disclosed on schedule F.
ITEM VALUE AT DATE
NUMBER DESCRIPTION OF DEATH
1 Bankers Life 8~ Casualty Co -dividend 55.58
2 Commonwealth of Pennsylvania -rent rebate 250.00
3 Fulton Bank -Certificate of Deposit #7788 44,220.89
4 Fulton Bank -Certificate of Deposit #9860 23,860.76
5 PNC -Certificate of Deposit #8146 18,515.02
Accrued income on Item 5 through date of death 2.56
6 PNC -decedent's checking account #5339 2,062.81
7 PNC -decedent's money market account #7777 116,856.06
Accrued interest on Item 7 through date of death 2.11
8 Riversource Llfe Insurance Co -reimbursement for nursing home 1,185.90
9 Riversource Llfe Insurance Co. -refund of premium payment 1,965.75
TOTAL (Also enter on Line 5, Recapitulation) I 208,977.44
(If more space is needed, additional pages of the same size)
Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule E (Rev. 6-98)
Rev-1510 EX+(8-98)
SCHEDULE G
INTER-VIVOS TRANSFERS &
MISC. NON-PROBATE PROPERTY
COMMONWEALTH OP PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF (FILE NUMBER
Chronister, Pauline F. 21
This schedule must be completed and filed if the answer to any of questions 1 through 4 on the reverse side of the REV-1500 COVER SHEET is yes.
ITEM
NUMBER DESCRIPTION OF PROPERTY
THE DATE OF RANSFRERSATTACN ACOPY OFTHE DEED FOORERFE.ADLEES ATE. DATE OF DEATH
VALUE OF ASSET % OF DECD'S
INTEREST EXCLUSION
(IF APPLICABLE) TAXABLE
VALUE
1 Allstate -annuity #8087 44,322.40 44,322.40
2 Ameriprise -annuity #1004 32,283.51 32,283.51
3 Ameriprise -annuity #19004 49,298.21 49,298.21
4 Ameriprise -annuity #29004 41,316.30 41,318.30
5 Ameriprise -annuity #78004 172,748.21 172,748.21
6 Ameriprise -annuity #79004 15,011.54 15,011.54
7 Ameriprise -annuity #88004 47,062.75 47,062.75
8 Ameriprise One Financial Account - #7004 annuity 40,051.19 40,051.19
9 Ameriprise One Financial Account - #9021 annuity 81,553.57 81,553.57
TOTAL (Also enter on Line 7, Recapitulation) 523,647.68
(If more space is needed, additional pages of the same size)
Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule G (Rev. 6-98)
REV-1151 EX+I~0-06) gCHEDULE H
COMMONyyEALTHOFPENN YLNVANIA FUNERAL EXPENSES ~
~NFIRERIITpANNCEpTAX pE~~RR ADMINISTRATIVE COSTS
ESTATE OF I FILE NUMBER
Chronister, Pauline F. 21
Debts of decedent must be reported on Schedule I.
ITEM DESCRIPTION AMOUNT
A. FUNERAL EXPENSES:
See continuation schedule(s) attached
B.
1
2
3
ADMINISTRATIVE COSTS:
Personal Representative's Commissions
Name of Personal Representative(s)
Street Address
City State Zio
Year(sl Commission paid
Attorney's Fees Griest, Himes, Herrold, Schaumann, Reynosa LLP
Family Exemption: (If decedent's address is not the same as claimant's, attach explanation)
Claimant Judy A. Chronister
Street Address 570 Dogwood Drive
city Mechanicsburg state PA zip 17055
Relationship of Claimant to Decedent Daughter
4. I Probate Fees
5. Accountant's Fees
6. Tax Return Preparer's Fees
366.92
3,250.00
3,500.00
1,000.00
7. Other Administrative Costs 296.89
See continuation schedule(s) attached
TOTAL (Also enter on line 9, Recapitulation) 8,413.81
Copyright (c) 2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule H (Rev. 10-06)
SCHEDULE H
FUNERAL EXPENSES AND ADMINISTRATIVE COSTS
continued
ESTATE OF FILE NUMBER
Chronister, Pauline F. 21
ITEM
NUMBER DESCRIPTION AMOUNT
Funeral Expenses
1 Cocklin Funeral Home -balance due after prepayment 366.92
H-A 366.92
Other Administrative Costs
2 Cumberland Law Journal -advertise estate 75.00
3 Notary Fees 20.00
4 Register of Wills -filing fee 30.00
5 The Patriot News -advertise estate 171.89
H-B7 296.89
Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H (Rev. 6-98)
Rev1512 EX+112-08)
SCHEDULE 1
DEBTS OF DECEDENT,
MORTGAGE LIABILITIES, & LIENS
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAx RETURN
RESIDENT DECEDENT
ESTATE OF (FILE NUMBER
Chronister, Pauline F. 21
Report debts Incurred by the decedent prior to death that remained unpaid at the date of death, including unrelmbureed medical expenses.
(If more space is needed, additional pages of the same size)
Copyright (c) 2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule I (Rev. 12-08)
REV-1513 EX+(11-08)
SCHEDULE J
COMM_Q~~I~,~LQF~EF,(~J,t~N$~INVANIA BENEFICIARIES
ESTATE OF I FILE NUMBER
Chronister, Pauline F. 21
NAME AND ADDRESS OF RELATIONSHIP TO SHARE OF ESTATE AMOUNT OF ESTATE
NUMBER PERSON(S) RECEIVING PROPERTY DECEDENT (Words) ($$$)
I TAXABLE DISTRIBUTIONS [include outright spousal
~ distributions, and transfers
under Sec. 9116 a 1.2
Judy A Chronister Daughter 100% of
570 Dogwood Drive residuary estate
Mechanicsburg, PA 17055
Total
Enter dollar amounts for distributions shown above on lines 15 throw h 18 on Rev 150 0 cover sheet, as a r o riate.
NON-TAXABLE DISTRIBUTIONS:
II. A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN
B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS
TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET
Copyright (c) 2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule J (Rev. 11-08)
REVOCABLE
TRIIBT AGREEMEI~1'1'
MADE this /~~ day of ~~ , 1993 by
and between PAULINE F. CHRONISTER, an'indiv], al and resident of
York County, Pennsylvania, (hereinafter eferred to as the
"Settlor"), and PAULINE F. CHRONISTER, an individual and resident
of York County, Pennsylvania, as the Trustee (hereinafter referred
to as the "Trustee").
W I T N E S S E T H•
ARTICLE ON8
(A) Establishment of Trust Estats: The Settlor has
transferred and delivered to the Trustee that property more fully
described in Schedule "A," attached hereto and made a part hereof
(the "Property"). The Trustee shall hold and administer the
Property, together with all other cash or property of any kind
which the Trustee at any time may acquire from the Settlor or from
others by inter-vivos transfer or pursuant to beneficiary
designations by Last Will and Testament or otherwise, including,
but not limited to, the residue and remainder of Settlor's Estate
as provided for in Settlor's Last Will and Testament ("Additions"),
together with the proceeds, investments and reinvestments with
respect thereto as a trust estate ("Trust Estate") on the terms and
conditions hereinafter set forth. Such Property shall be held,
administered, and distributed for the benefit of the Settlor of
this Trust.
The name of the Trust herein created shall be THE PAIILINE F.
CHRONIBTER REVOCABLE TRIIST.
(B) Distributions to Settlor Durinq Settlor's Lifetime:
During the lifetime of the Settlor, the Trustee shall pay to the
Settlor or expend for Settlor's benefit the entire net income
produced by the Trust Estate ("Income") in convenient installments
or otherwise as Settlor may from time to time direct, together with
such portion of the principal of said Trust Estate as Settlor may
from time to time direct in writing or, if Settlor gives no
directions, as the Trustee deem advisable to provide for the
health, welfare and comfortable support of the Settlor, and to
continue Settlor's accustomed pattern of giving to individuals and
organizations. Any unexpended Income shall be added to principal
and invested as such.
11
(C~ Distributions of Trust Estate in the Event the Settlor
Becomes Incapacitated: If at any time the Settlor is under a legal
disability, or if by reason of illness or mental or physical
disability Settlor is "incapacitated," as such term is defined
below, and is unable to make or communicate responsible decisions
concerning Settlor's affairs, the Trustee shall use the Income and
part or all of the principal of the Trust Estate for the care,
comfort and support of the Settlor, for the payment of. any premiums
of insurance on the life of the Settlor, or for any other purpose
which the Trustee, in their sole and absolute discretion, deem to
be for the best interests of the Settlor.
"Incapacity" of the Settlor shall be determined by the
existence of one or more of the following:
(1) There is a court order, which such Trustee or beneficiary
deems to be jurisdictionally proper and still concurrently
applicable, holding a person to be legally incapacitated to
act on his or her own behalf or appointing a guardian to act
for him or her, or
(2) There are duly executed, witnessed, and acknowledged
written certificates of two licensed physicians (each of whom
represents that he or she is certified by a recognized medical
board) , to the effect that each physician has examined the
Settlor and has concluded that such person has become
incapacitated to act rationally and prudently in his or her
own financial best interests, or
(3) There is evidence which such Trustee or beneficiary deems
to be creditable and still currently applicable that the
Trustee has disappeared, is unaccountably absent, or is being
detained under duress where he or she is unable effectively
and prudently to look after his or her own best interests.
Given the occurrence of such events or circumstances, the
Settlor shall be deemed to have become incapacitated. Such
incapacity shall be deemed to continue until such court order,
certificates, and/or circumstances have become inapplicable or have
been revoked.
12
Any physician's aforesaid certificate may be revoked by a
similar certificate to the effect that the Settlor is no longer
incapacitated executed either: (a) by the originally certifying
physician(s) or (b) by two other licensed, board certified
physicians. No Trustee shall be under any duty to institute any
inquiry into a person's possible incapacity, but the expense of any
such inquiry reasonably instituted may be paid from Trust assets.
Payment for such inquiry refers both to a reasonable inquiry as to
the incapacity of such individual and to that inquiry as to the
revocation of such a certificate.
tD) Distribution of Trust Estate Unon Bettlor's Death:
Upon the death of the Settlor, the Trustee are authorized to
pay to the deceased Settlor's personal representative or to expend
directly such sums as Settlor's personal representative shall
request in writing to supplement the Settlor's estate in order to
pay particular legacies, debts, funeral expenses, administration
expenses, estate, inheritance and other taxes in the nature
thereof, together with any interest or penalties thereon, becoming
due by reason of the Settlor's death with respect to the property
constituting Settlor's gross estate for death tax purposes, whether
or not such property passes under this Trust Agreement; PROVIDED,
HOWEVER, that no assets shall be used for this purpose which are
not otherwise included in Settlor's gross taxable estate; and
PROVIDED FURTHER, that if the Trust Estate contains any United
States government bonds which are redeemable at par in payment of
Federal estate taxes, the Trustee shall apply them directly in
payment of said taxes, regardless of the sufficiency of assets in
the estate or any direction in the Last Will and Testament of the
Settlor to pay all such taxes from the probate estate.
After the above taxes and expenses have been paid, the balance
of the Trust Estate shall be distributed as follows:
Boecific Distributions from the Trust Estate:
-Prior to any distribution of the balance of the Trust Estate,
the following specific distributions shall be made by the
Successor Trustee.
NONE
Distribution of the Balance of the Trust Estate:
After provision has been made for the above-noted specific
distributions, the balance of the Trust. Estate shall be
distributed as follows:
1) JUDY A. CHRONISTER, Settlor's daughter, shall
receive all of the Trust Estate.
13
In the event that any of the Settlors's beneficiaries
named above should predecease the Settlor, all of that
person's share of the Trust Estate is to be left in Trust to
be equally divided among that person's lineal children and
bestowed upon their Twenty-first birthday, or as funding
should they attend college prior to their Twenty-first
birthday.
ARTICLE TWO
ADDITIONAL PROVISIONB APPLICABLE TO THE PRESENT TRIIST
(A) Minor Beneficiarv Provisions: If any beneficiary who is
entitled to receive a share of the principal of the Trust Estate
shall not have attained the age of twenty-one (21) years, the
Trustee are hereby authorized .and empowered to continue to hold and
manage such share for the benefit of such person until he or she
attains the age of twenty-one (21) years, and the Trustee may
accumulate all or part of the Income from such person's share or
pay so much thereof, together with such amounts of the principal of
his or her share of the Trust Estate as the Trustee in their sole
and absolute discretion shall deem proper for his or her health,
education, welfare, maintenance and support.
In the disbursement of funds directed to be paid to or for the
use and benefit of-any beneficiary who shall not have attained the
age of twenty-one (21) years, the Trustee may, in their sole and
absolute discretion, make payment of the same to the parent,
guardian or such other person, if any, having custody of the
beneficiary who has not yet attained the age of twenty-one (21)
years at the time such payments are made, to be used for the
health, education, welfare, .maintenance and support of such
beneficiary, but without liability on the part of the Trustee to
see the application of said payments by the payee, and the receipt
of any such person shall be a full acquittance of the Trustee as to
any amounts so paid, or the Trustee may make payment of the same
directly to or for the benefit of such beneficiary. This shall be
construed as a power only and shall not operate to suspend the
absolute ownership thereof by such beneficiary who has not yet
attained the age of twenty-one (21) years, nor prevent the absolute
vesting thereof of such beneficiary.
14
(H) Perpetuities Savings Provision: Notwithstanding anything
to the contrary herein contained, upon the expiration of twenty-one
(21) years following the death of the survivor of all the
beneficiaries herein named or described who are living at the death
of the Settlor, all Trusts remaining hereunder shall terminate, and
the principal shall be transferred and delivered to the person then
entitled to the Income therefrom.
(C) 8~endthrift Clause: Neither the principal nor the Income
of any portion of the Trust Estate shall be liable or subject to
the contracts, debts, liabilities or torts, now or hereafter made,
contracted, incurred or committed, of any beneficiary or
remainderman; nor shall the principal or Income of the Trust Estate
be liable to attachment by garnishment proceedings or other legal
process; nor shall any assignment or order either of principal or
Income, given by any beneficiary or remainderman be valid, but the
principal and Income shall be paid by the Trustee directly to or
for the use of the beneficiary entitled thereto, without regard to
any assignment, order, attachment or claim whatever. Every such
attempted assignment or other disposition by any beneficiary or
remainderman shall not be merely voidable, but absolutely void,
except that this provision shall not impair or restrict the
exercise of any power of appointment granted hereunder. No payment
hereunder shall become the property of any beneficiary or
remainderman until it is received by him or his guardian.
(D) Disposition of Accrued Income Following Death of Income
Beneficiary: Upon the death of any Income beneficiary, any Income
accrued or received by the Trustee subsequent to the last Income
payment date shall be paid to the person or persons for whose
benefit the principal producing such Income is continued in trust
or to whom such principal is distributed under the terms hereof.
15
(E) Stock Dividends Allocated To Principal: C o.r p o r a t e
distributions received in shares of the distributing corporation
shall be allocated to principal, regardless of the number of shares
and however described or designated by the distributing
corporation.
(F) Characteri$ation of "Income";_"Accrued Income": Income
accrued on any property received by the Trustee, either at the
inception of the Trust Estate or as an addition thereto, shall be
treated as Income and not as principal; PROVIDED, HOWEVER, that any
lump-sum distribution payable to the Trustee under any employee
benefit plan or individual retirement account in which the Settlor
has an interest shall be treated as principal notwithstanding the
options, elections or privileges that may be exercised by the
Trustee, the Settlor or any beneficiary for income, estate or death
tax purposes. Upon the death of any beneficiary of Income, any
undistributed Income then held by the Trustee for such beneficiary
shall be paid to the person or persons for whose benefit the
principal producing such income is continued in Trust or to whom it
is distributed under the terms hereof.
ARTICLE THREE
PROVISIONS WHICH GOVERN THE Trustee
(A) Po~-ers of the Trustee: The Trustee hereunder shall have
the following powers, in addition to and not in limitation of those
granted by law:
1. Accept Purchase and Retain Assets: To accept assets in
kind from the Settlor, his estate or elsewhere, to purchase
assets from the estate and to retain such assets in kind;
2. Sale and Investment of Other Assets: To sell assets and
to invest and reinvest the proceeds and any other cash in any
kind of property, real or personal, or part interest therein,
located in the United States or abroad, including interest
bearing accounts in or certificates issued by any firm,
including a corporate fiduciary, and securities underwritten
by syndicates of which the corporate fiduciary is a member but
not purchased from the Trustee, all statutory and other
limitations as to the investment of funds, now or hereafter
enacted or in force,-being waived;
3. Hold Cash: To hold Income cash uninvested until the next
regular payment date, without liability for interest thereon;
16
4. Purchase Life Insurance: To retain or to purchase
policies of life insurance, to pay premiums thereon from
income or principal and to exercise all rights of ownership
thereof ;
5. Encumber Assets: To pledge, exchange or mortgage real or
personal property and to lease the same for terms exceeding
five ( 5 ) years;
6. Give Options: To give options for sales, leases and
exchanges;
7. Compromise Claims: To compromise claims and
controversies;
8. Vote Common Stock: To vote shares of corporate stock, in
person or by proxy, in favor of or against management
proposals;
9. Carry Securities Without Identifyinct Trust Estate: To
carry securities in the name of a nominee, including that of
a clearing corporation or depository, or in book entry form or
unregistered or in such other form as will pass by delivery;
10. Distributions in Kind: To make division or distribution
hereunder either in cash or in kind; and, in connection
therewith, to allocate to different shares different kinds of,
or interests in, property and property having different bases
for federal income tax purposes, all as the Trustee deem
equitable;
11. Investment of Trust Estate Assets: To invest and
reinvest the Trust Estate funds (or leave them temporarily
uninvested), in any type of property and every kind of
investment, without regard to any principle of diversification
of risk, and without being limited to "legal investments",
including (but not limited to) corporate obligations of every
kind, preferred or common stocks, securities of any regulated
investment trust, and partnership interests.
17
12. Participate in Business Operations: To participate in
the operation of any business or other enterprise for whatever
period of time the Trustee deed proper, with full power to do
any and all things deemed necessary or appropriate, including
the power to incorporate any unincorporated business; to vote
any and all shares of stock owned in any such business; to
borrow and to pledge assets as security for such borrowing; to
assent to, join in, or vote in favor of or against any merger,
reorganization, voting trust plan, or similar action, and to
delegate discretionary duties with respect thereto; to
delegate all or any part of the supervision, management and
operation of the business to such person or persons as may be
selected; and to close out, liquidate, or sell the business at
such time and upon such terms as the Trustee deem advisable.
13. Degosit Funds: To deposit Trust Estate funds in any
commercial savings or savings and loan accounts, or in "money
market" or similar accounts maintained by any corporate
fiduciary.
14. Borrow Funds: To borrow money for any reasonable Trust
Estate purpose from any lender, including the power to borrow
from the probate estate of Settlor for the purpose of payment
of taxes or on behalf of any separate trust hereunder from any
other separate trust hereunder, upon such terms, including
(but not limited to) interest rates, security, and loan
duration, as they deem advisable.
15. Make Loans: To lend Trust Estate funds to such persons
and on such terms, including (but not limited to) interest
rates, security, and loan duration, as the Trustee deem
advisable, including the power to make loans to the Settlor
during his or her lifetime.
16. Sale of Trust Estate Assets: To sell or otherwise
dispose of Trust Estate assets, including (but not limited to)
Trust Estate real property, for cash or credit, at public or
private sale, and with such warranties or indemnifications as
the Trustee deem advisable.
17. Alteration or Disposal of Trust Estate Assets: To
improve, develop,manage, lease, or abandon any Trust Estate
assets, as the Trustee deem advisable.
18. Hold Progerty Without Identifyina Trust Estate: To hold
property in the name of any Trustee or any custodian or
nominee, without disclosing this trust, but the Trustee are
responsible for the acts of any custodian or nominee the
Trustee so use..
18
19. Compensate for Administration: To pay and advance money
for the Trust Estate's protection and for all expenses,
losses, and liabilities sustained in its administration.
20. Act as Lectal Ret~resentative: To prosecute or defend any
action for the protection of the Trust Estate, the Trustee in
the performance of their duties, or both, and to pay, contest,
or settle any claim by or against the Trust Estate or the
Trustee in the performance of their duties.
21. Hire Consultants, etc.: To employ and dismiss agents,
brokers, investment advisors, accountants, attorneys and
employees, regardless of whether they are associated with the
Trustee, or the Trustee or affiliates or employees thereof,
and to advise or assist them in the performance of their
duties.
22. Allocate Between Principal and Income: To determine what
is principal or income and what items shall be charged or
credited to either.
23. Execute Binding Legal Instruments: To execute and
deliver any instruments necessary or useful in the exercise of
any of the foregoing powers.
24. Retain Non-Income Producing Property: To retain, during
the lifetime of the Settlor, for so long as the Trustee may
deem advisable any property whatsoever, regardless of whether
or not such property income producing.
19
25. Authority to Sian Documents: Any Trustee shall have the
power to execute individually any and all documents necessary
to carry out the powers, functions, and duties of the position
of Trustee. Such power shall include, but shall not be
limited to: the signing of checks, the opening of bank or
other financial accounts, the disbursement of Trust funds, the
execution of contracts, and other such financial transactions.
(B) Resianation of Trustee: Any Trustee may resign at any
time during Settlor's lifetimes by written notice to Settlor..
After the death of the Settlor, a Trustee may resign at any time,
without stating cause, by notice to the remaining Trustee;
provided, however, that prior to the resignation of a sole
remaining individual Trustee, such Trustee's resignation shall not
become effective until after such Trustee has appointed a corporate
trustee as successor, and such corporate trustee has accepted such
appointment. Absent such appointment and acceptance, said
Trustee's resignation shall not become effective until said Trustee
has petitioned a court of competent jurisdiction to designate a
successor corporate trustee.
(C) Successor Trustee(s): Upon the death, disability,
incapacity or resignation of any Trustee, during the lifetime of
the Settlor, the Settlor may appoint one or more successor Trustee.
Should the Settlor fail to appoint a Trustee, then upon the
death or incapacity of the Settlor, JUDY A. CHRONISTER, Settlor's
daughter, shall serve as Trustee. If JUDY A. CHRONISTER is unable
or unwilling to serve as Trustee, then WILLIAM J. PARKER, Settlor's
friend, shall serve as Trustee. They are to serve without bond.
(D) Reolacemeat of A Corporate Trustee: If at any time a
corporate trustee has been appointed during the lifetime of
Settlor, the Settlor may replace such corporate trustee by written
notice to said corporate trustee, and may, but shall not be
required to, designate a successor corporate trustee. Following
the death of the Settlor, the individual Trustee may replace a
corporate trustee by written notice thereto, and may, but shall not
be required to, designate a successor corporate trustee.
20
(L) Compensation of Trustee: The Trustee shall be entitled to
receive annual compensation for their services hereunder but not in
excess of such compensation as would be approved by a court of
competent jurisdiction. Payment of such compensation to a Trustee,
in his, her or its capacity as such shall not preclude payment to
any Trustee for the rendition of professional services for, or on
behalf of, the Trust Estate. For any services performed by the
Trustee in connection with Settlor's estate, which services are
normally performed by the personal representative, the Trustee
shall be entitled to such additional compensation as may be fair
and reasonable under the circumstances.
(F) Authority to Terminate Small Trusts: Should the
principal of any Trust Estate herein provided for, be or become too
small in the Trustee' discretion to make establishment or
continuance of the Trust Estate advisable, the Trustee may make
immediate distribution of the remaining principal and Income
outright to the Income beneficiaries in the proportion to which
they are then entitled to the Income. The receipts and releases of
the distributees will terminate absolutely the right of all persons
who might otherwise have a future interest in any portion of the
Trust Estate, whether vested or contingent, without notice to them
and without the necessity of filing an account with the court.
(G) Meraer: The Trustee may merge or consolidate for
administrative purposes any trust established under this Trust
Agreement with any other trust established by Settlor of the
Settlor having the same Trustee and substantially the same
diapositive provisions.
(H) Division and Delegation of Duties by Trustee: One or
more of the Trustee may, whenever, as often, and for such period as
they shall deem it advisable to do so, delegate to one or more of
the other Trustee, any or all ministerial and administrative
duties, including the keeping of books and records, acting as
custodian of the Trust Estate property, and preparing all necessary
tax returns, as well as the authority to exercise in their name and
behalf any or all of the powers, authorizations, discretion, and
duties vested in or devolving upon them as Trustee under the
provisions of this Trust Estate. Any action taken by the Trustee
to which such division or delegation shall be made shall have the
same force and effect as if taken and exercised by the designating
or delegating Trustee(s) acting in conjunction with the designated
or delegated Trustee(s). Any such delegation shall be sufficiently
evidenced for any and every purpose if contained in a writing,
signed by the designating Trustee(s) and delivered to the
designated Trustee(s).
21
(I) Fiduciary Restrictions, Discretion and Elections: The
powers and discretion granted to the Trustee are exercisable only
in a f fiduciary capacity and may not be used to shift or enlarge any
beneficial interest except as an incidental consequence of the
discharge of fiduciary duties. The Trustee may make discretionary
payments of income and principal in unequal shares to the
beneficiaries of any trust established hereunder, and may, but
shall not be required to, consider other resources available to any
beneficiary. The Trustee may make tax elections without regard to
the relative interests of any beneficiaries and may, but shall not
be required to, make equitable adjustments among beneficiaries.
(J) Restrictions on Individual Trustee: Following the death
of the Settlor, any individual serving as a Trustee shall have a
voice in any discretionary decision to distribute income or
principal of the Trust in order to discharge a legal obligation of
that individual or for the individual's pecuniary benefit, unless
necessary for the individual's health, welfare, support or
education.
ARTICLE FOIIR
ADDITIONS TO TRIIST ESTATE;
RIGBT TO REVOKE. ALTER AND AMEND TRIIST AGREEMENT;
LIFE INSIIRANCE AND EMPLOYEE DEATH BENEFITS
(A) Additions to Trust Estate: The Settlor or others may, by
Last Will and Testament, inter-vivos transfer or beneficiary
designation, add to the Trust Estate, cash or such property in kind
as is acceptable to the Trustee at any time during the term of the
present Trust Agreement.
22
(B) Settlor's Right to Revoke Agreement: The Settlor
expressly reserves the right at any time and from time to time to
revoke this Agreement, in whole or in part, by written notice
delivered to the Trustee during Settlor's lifetime. Upon the death
of Settlor, the Trust and of its terms and conditions shall become
irrevocable and not subject to amendment or modification.
(C) Settlor's Right to Amend Trust Agreement: The Settlor
further reserves the right at any time and from time to time to
amend this Agreement at any time during his lifetime by a proper
instrument in writing, executed by the Settlor and delivered to the
Trustee during Settlor's lifetime and accepted by the Trustee.
Upon the death of Settlor, the Trust and of its terms and
conditions shall not be subject to amendment or modification.
(D) Life Insurance: If Settlor designates the Trustee as
beneficiary of the proceeds of any policies of insurance on his
life, the duty and responsibility for the payment of premiums and
other charges on such policies during the Settlor's lifetimes shall
rest solely upon Settlor. The only duty of the Trustee shall be
the safekeeping of such policies as-are deposited with it, and the
Trustee shall be under no duty to notify the Settlor that any such
premium or other charge is due and payable.
All options, rights, privileges and benefits exercisable by or
accruing to the Settlor during his or her lifetime by the terms of
the policies shall be for the Settlor's sole benefit. The Settlor
agrees, however, not to exercise any options whereby the proceeds
would be payable to the Trustee other than in one sum. Upon the
written request of the Settlor, the Trustee shall execute and
deliver such consents and instruments as may be requisite to enable
the Settlor to exercise or avail themselves of any option, right,
privilege or benefit granted by any of the policies. Upon the
Settlor's death, or at such later time as may be specified in the
policies, the net proceeds of any policies then payable to the
Trustee hereunder shall be collected by the Trustee; the receipt of
the Trustee for such proceeds shall release the insurance companies
from liability on the policies, and the insurance companies shall
be under no duty to see to the application of such proceeds. The
Trustee may take all steps necessary in their opinion to enforce
payment of said policies and shall be entitled to indemnify
themselves out of any property held hereunder against all expenses
incurred in taking such action.
23
(E) ~g~oyee Death Benefits: The Settlor may designate the
Trustee as beneficiary of certain employee death benefits. In such
case the Trustee shall collect the proceeds receivable therefrom
upon the Settlor's death and hold them as part of the Trust Estate.
The receipt of the Trustee for such proceeds shall be a full
acquittance to the administrator of such benefit, and said
administrators shall not be liable to see to the application of
such proceeds. To the extent that such proceeds are not included in
the Settlor's estate for federal estate tax purposes, they shall
not be used for the payment of death taxes or any administration
expenses of Settlor's estate. The Trustee may select any option
available to it as to the time and method of payment of such
proceeds and may also exercise any option with respect to the
income or death taxes thereon as they in their sole discretion deem
advisable, and their decision in these matters shall be binding
upon, and shall not be subject to question by, the beneficiaries.
ARTICLE FIVE
MISCELLANEOIIS PROVISIONS
(A) Incontestability:
The beneficial provisions of this instrument (and of Settlor,
PAULINE F. CHRONISTER's, Last Will and Testament) are intended to
be in lieu of any other rights, claims, or interests of whatsoever
nature, whether statutory or otherwise, except bona fide pre-death
debts, which any beneficiary hereunder may have against or in
Settlor's estate of the properties in Trust hereunder.
Accordingly, if any beneficiary hereunder asserts any claim (except
a legally enforceable debt), statutory election, or other right or
interest against or in Settlor's estate, Settlor's Will, or any
properties of said Will, or directly or indirectly contests,
disputes, or calls into question, before any court, the validity of
this instrument or of said Will or the validity of any provisions
of this instrument or of said Will, then;
(a) Such beneficiary shall thereby absolutely forfeit any and
all beneficial interests of whatsoever kind and nature which
such beneficiary might otherwise have under this instrument
and the interests of the other beneficiaries hereunder shall
thereupon be appropriately and proportionately increased
and/or advanced,
(b) All of the provisions of this instrument, to the extent
that they confer any benefits, powers, or rights whatsoever
upon such claiming, electing or contesting beneficiary, shall
thereupon become absolutely void and revoked, and
24
(c) Such claiming, electing, or contesting beneficiary, if
then acting as a Trustee hereunder, shall automatically cease
to be a Trustee and shall thereafter be ineligible either to
select, remove, or become a Trustee hereunder. The foregoing
shall not be construed, however, to limit the appearance of
any beneficiary as a witness in any proceeding involving this
instrument or said Will nor limit any beneficiary's appearance
in any capacity in any proceeding solely for the construction
of either of said documents.
(B) Payment of Debta, Tales and Other Charges upon 8ettlor's
Death: Upon each Settlor's death, the Trustee may pay to or upon
the order of Settlor's personal representative funds needed to pay
Settlor's debts, funeral. and burial expenses, costs of
administration, death taxes and specific bequests, if any, under
the Settlor's Last Will and Testament. The Trustee may rely upon
Settlor's personal representative as to the amount of such charges.
The decision of the Trustee about whether to provide funds shall be
final, except that the Trustee shall use any U. S. Treasury
securities that may be redeemed at par to pay federal estate taxes
for that purpose. Assets that are not included in Settlor's gross
estate for federal estate tax purposes shall not be used for such
payments. The Trustee shall pay the charges before the
distribution of the Trust Estate.
(C) Payment of Tales at the settlor's Death: If the Settlor
does not negate this provision by specific reference to this
paragraph in the Last Will and Testament of the Settlor, the
Trustee shall, upon the death of the Settlor, pay to the estate of
Settlor from the principal of the Trust a sum sufficient to cover
the estate and inheritance taxes payable by reason of the death of
the Settlor and attributable to the principal of the Trust. The
taxes attributable to the principal of the Trust shall be the
difference between (i) the actual taxes payable at the death of the
Settlor and (ii) the taxes that would be payable if the principal
of the Trust were not taxable upon the death of the Settlor.
25
(D) Disclaimer: Any beneficiary hereunder, or the legal
representative of any such beneficiary shall have the right, within
the time prescribed by law, to disclaim any benefit or power under
this Trust Agreement. All or any fractional part of the Trust
disclaimed by or on behalf of the Settlor shall be added to the
Trust. The Settlor shall have the same interest in such added
property as the Settlor has in the other property in the Trust
(unless the Settlor also disclaims his or her interest in the
Trust), except that the Settlor shall have no discretionary power
as Trustee or otherwise to direct. enjoyment of the disclaimed
property for the benefit of any person other than the Settlor in a
transfer that is not subject to federal gift or estate tax.
The Trustee shall segregate the disclaimed property from the
property of the Trust over which the Settlor retains any such
power. Property disclaimed by or on behalf of the Settlor shall
not be included in "other dispositions of property" for purposes of
reducing the numerator of the fraction described in Article One,
Paragraph (F). Any additional estate or inheritance taxes
attributable to any disclaimer of the Trust or other property
qualifying for the Marital Deduction for federal estate tax
purposes shall be paid from the disclaimed property. The taxes
attributable to any disclaimer shall be the difference between (i)
the actual taxes payable at Settlor's death and (ii) the taxes that
would be payable if the disclaimer were not made.
(E) Word Meanings: The words "herein", "hereinbefore",
"hereinafter" and "hereunder" refer to this Agreement as a whole
and not merely to a subdivision in which such words appears, unless
the context requires otherwise. The singular shall include the
plural, the plural the singular,-and the use of any gender shall be
applicable to all genders. The terms "child" "children" and
"issue" and similar terms shall include adopted children,
regardless of the date of adoption, with full effect as if they
were the natural children of the adopting parents. The term
"minor" shall mean any person under the age of twenty-one (21)
yeazs, regardless of the age of majority provided by statute.
(F) Paragraph or Article Headings: Headings contained in
this Trust Agreement are inserted only as a matter of convenience
and for reference, and shall not be construed in any way to define,
limit, extend or describe the scope of any of the provisions
hereof.
26
(G) Governing Law: This Agreement shall be deemed to have
been delivered to and accepted by the Trustee in the State of
Pennsylvania, regardless of the jurisdiction in which actual
execution may have occurred, and shall be interpreted and governed
in all respects by the laws of said Commonwealth which shall be
applied to any dispute arising hereunder.
(H) Enforceability: The invalidity or enforceability of any
particular provisions of this Agreement shall not affect the other
provisions hereof and this Agreement shall be construed in all
respects as if such invalid or unenforceable provision was omitted.
(2) Change of Agreement: Except as otherwise specifically
provided herein, no change, modification, amendment of, or waiver
under, this Agreement shall be valid unless the same be in writing
and signed by all of the parties hereto.
(J) Notices: Any notice, request, direction, instruction or
other communication permitted or requested to be made hereunder by
any party to the other shall be in writing (including telex,
telegram or telecopier ["fax"]), signed by the party giving such
notice and shall be delivered personally, sent by registered or
certified mail, postage prepaid, or by telex, telegram or fax (in
each such case followed by written confirmation) to the other
parties, to the addresses indicated below the signature of each of
the undersigned (or to such other address as any or all of said
undersigned may have submitted therefor by written notification.
The date of personal delivery, the date of receipt (if mailed),
when delivered by the telegraph company or in the case of telex or
fax, when received, as the case may be, shall be the effective date
of such notice. Whenever under the terms hereof the time for
giving a notice or performing an act falls upon a Saturday, Sunday
or holiday, such time shall be extended to the next business day.
END OF TRIIST AGREEMENT
27
IN WITNESS WHEREOF, with the intentions to be legally
bound hereby, the Settlor and the Trustee have executed this Trust
Agreement on the day and year first above written.
WITNESS:
C..
~_ ,~
COMMONWEALTH OF PENNSYLVANIA )
COUNTY OF ,~ )
SS:
On thi` the /~' day of ~ ~r 199 ,
before me, a Notary Public, personally appeare PAULINE F.
CHRONISTER, known to me or satisfactorily proven to be the person
whose name is subscribed to the within instrument as the Settlor
and acknowledged that he/she executed the same for the purposes
therein contained.
IN WITNESS WHEREOF I hereunto set my hand and official seal
this ~:~ day of f 199 ~ .
No ary Public
My Commission Expires: ~..~ "~16,y~
SETT OR: ~~~"-
r
PAULINE F. CHRONISTER ~~~~
Address : ~."~lo . ~ l ,:~~'1.~
TRUSTEE•
~^ t ~~~
PAULINE F. CHRONISTER
Address : /_~6 ~ G~-~'~' ~ ~ ~~~~
,..~ -
Notarial Seal
lirda C. Parker, Notary ~ ~bBc
West Hanover Tvrp:. Da-~~ ''~.mty
My Commission Expires Marc 997
28
ADDENDIIM•TO
THS PAIILINE F. CHRONI TER R ~ CABLE LIVING TRIIST
DATED:
THE ABOVE REFERENCED TRIIBT I8 HEREBY AB AMENDED AB FOLLOWS:
At Article Ona, "~ecific Distributions from the Trust Estate:
add the following:
2. In the event that JUDY A. CHRONISTER should predecease
the Settlor, the Trust Estate shall be distributed as follows:
1) BARRENS' UNITED LUTHERAN CHURCH, DILLSBURG, PA,
shall receive twenty percent of the balance of the
Trust Estate.
2) WELLSVILLE FIRE CO., WELLSVILLE, PA, shall receive
ten percent of the balance of the Trust Estate.
3) DILLSBURG FIRE COMPANY, DILLSBURG, PA, shall
receive ten percent of the balance of the Trust
Estate.
4) AMERICAN HEART FUND, WORMELYSBURG, PA, shall
receive ten percent of the balance of the Trust
Estate.
5) AMERICAN CANCER SOCIETY, shall receive ten percent
of the balance of the Trust Estate.
6) MARCH OF DIMES, shall receive ten percent of the
balance of the Trust Estate.
7) DILLSBURG CEMETERY ASSOCIATION, shall receive
twenty percent of the balance of the Trust Estate.
8) WILLIAM J. PARKER V FOR ADMINISTRATION, shall
receive ten percent of the balance of the Trust
Estate.
I HAVE R/EA'D THE ABOVE ADDENDUM, AGREE WITH IT, AND UNDERSTAND IT.
DATED : /~ ~ULG~G' ~ ~' , 1.9 9 ~ ~~~i1^,s~ Yl ~ ~iL ~~~~?'~
PAULINE F. CHRONISTER
COMMONWEALTH OF PENNSYLVANIA )
COUNTY OF %~~ ) SS:
On thi/ the _ /~ day of .~ ~
me, a Notary rublic, personally appeared INE~F19CIiRONISTER~
known to me or satisfactorily proven to be the
subscribed to the within instrument as Trusteeer and wacknowledged
that he/she executed the same for the purposes therein contained.
IN WITNESS WHEREOF I hereunto set my hand and official seal.
this /~ day of ~~~ ~ 199.
i
Not ry Public //'
My Commission `expires: .j-~~_1 ~ undac.Pa~ker~ib~ryw~bsc
WASt Hanrnrer Twp., Daub "ttY
My C.arrrcmssion E~ires ti; . ~o~
29
State of Pe~, y ania)
County of )
On this ~ day of , 199y~, the undersigned, a
Notary Public in for said unty and State, personally appeared
PAULINE F. CHRONISTER, who proved to me on the basis of
satisfactory evidence to be the person whose names is subscribed to
the within instrument and acknowledged that she, executed the same.
Witness my hand and~,official seal.
or said Comity
Notarial seal
Linda C. Parker, Notary PubP~c
West HanoverTwp., ~ Moir ~ 2aut~997
MY Commission E~ires
LAST WILL AND TESTAMENT
OF
PAIILINE F. CHRONISTER
I, PAULINE F. CHRONISTER,
hereby make, publish and declare
hereby revoking and making void
any time heretofore made by me.
of York County, Pennsylvania do
this, my Last Will and Testament,
any and all Wills and Codicils at
FIRST: I direct that my debts, the expenses of my last
illness and the expenses of my funeral be satisfied and fully paid
out of my estate as soon as may be convenient after my decease.
SECOND: I leave all funeral arrangements to my Executor
hereinafter named. In the event I have not already purchased a
burial lot for my family and me, I hereby authorize and empower my
Executor to purchase such a lot, to erect a suitable memorial
thereon, and to provide for the permanent upkeep of same out of my
estate.
THIRD: Inasmuch as I own all items of household furniture and
furnishings in my residence, I will make disposition of the same in
this, my Last Will and Testament in accordance with the Fourth
paragraph below.
FOURTH: I give all of my jewelry, automobiles, clothing and
other purely personal effects, together with any existing policies
of insurance thereon to my daughter, as are living on the thirty-
first (31st) day following my death, to be given to her. In the
event my said daughter predeceases me, or dies within thirty (30)
days following my death, I bequeath such deceased daughter's share
to her then living issue, per stirpes. Should such deceased
daughter die without issue, her share shall be divided among my
surviving heirs or their issue,. per stirpes.
My children living as of the date of the Execution of this
Last Will and Testament are:
1) JUDY A. CHRONISTER, my daughter
~,~ ~ ~,~,
AULINE F. CHRONISTER
43
FIFTH: I give, devise and bequeath the rest, residue and
remainder of my Estate, of every nature and wherever situate to be
added to and thereafter held in Trust as part of the Trust Estate
pursuant to 't certain Revocable Trust Agreement dated
~ /~; ~3 and executed by me prior to
the execution off/ is, my Last Will and Testament, to have and to
hold, IN TRUST NEVERTHELESS, for the uses and purposes, and subject
to the terms and provisions thereof, including any alterations or
amendments thereto, or any other Trust which may hereafter be
substituted therefor.
SIXTH:
A. I hereby name, constitute and appoint my daughter, JUDY A.
CHRONISTER, as Executor of this, my Last Will and Testament.
Should JUDY A. CHRONISTER be unable or unwilling to serve as
Executor, then my friend, WILLIAM J. PARKER, shall serve as
Executor.
B. I direct that my fiduciaries shall not be required to
enter security in any jurisdiction in which they may act.
C. My Executor shall have the following powers in addition to
those vested in him by Law and by other provisions of this, my Last
Will and Testament, exercisable without court approval, and
effective until actual distribution of all property:
1. To retain any or all of the assets of my estate, real
or personal, without restriction to investments
authorized for Pennsylvania fiduciaries, as my Executor
from time to time may deem proper, without regard to any
principle of diversification or risk.
2. To invest in all forms of property without
restriction to investments authorized for Pennsylvania
fiduciaries, as my Executor from time to time may deem
proper, without regard to any principle of
diversification or risk.
~ ~r~
AULINE F. CHRONISTER
44
3. 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 Executor from time to time may deem proper.
4. To allocate receipts and expenses to principal or
income or partly to each as my Executor from time to time
may deem proper.
5. To borrow money from any person or institution
including my Executor and to mortgage or pledge any or
all real or personal property as my Executor in my
Executor's sole discretion shall choose, without regard
to the dispositive provisions of this instrument.
6. To compromise any claim or controversy asserted by
or against my estate.
7. To make distribution in cash or in kind or partly in
cash and partly in kind, and in such manner as my
Executor may determine, and at valuations finally to be
fixed by my Executor.
SEVENTH: I direct my Executor to claim any expenses of
administration of my estate as income tax deductions upon any
income tax return or returns whenever in said Executor's sole
judgment such action will achieve an overall reduction in the total
income and death taxes. No compensating adjustments between income
and principal shall be made as a result of such action.
EIGHTH: I direct that all estate, inheritance and other taxes
in the nature thereof, together with any interest or penalty
thereon, becoming payable by reason of my death, with respect to
property forming my gross estate for tax purposes, whether or not
passing under this, my Last Will and Testament, shall be considered
an expense of administration of my estate, and no legatee or
devisee or any person having a beneficial interest in any such
property, whether under this my Last Will and Testament, or any
Codicil thereto, or otherwise shall at any time be required to
refund any part of such taxes; provided, however, that such taxes
may be paid from the Trust Estate, in accordance with the
provisions set forth for the payment thereof in that certain
Revocable Trust Agreement dated
' ~ sY.c- ~ /~. /~3
~ f -~.
PAULINE F. CHRONISTER
45
NINTH: Whenever used in this, my Last Will and Testament, the
singular shall include the plural, the plural the singular, and the
use of any gender shall be applicable to all genders. As used
herein, the terms "child", "children" and "issue" and similar terms
shall include children adopted under the age of twenty-one (21)
years, regardless of the .date of adoption, with full effect as if
they were the natural children of the adopting parents.
IN WITNESS WHEREOF, I PAULINE F. CHRONISTER, the Testator
above named, have to this, my Last Will and Testament, typewritten
on six sheets of paper, the first four of which I have identified
with my signature, hereunto set my hand and seal this ~~~
day of
199 3.
,, ~
PAULI E F. CHRONISTER ~
46
SIGNED,
CHRONISTER,
the presence
eac other,
the et .
_~~~
SEALED, PUBLISHED and DECLARED by the said PAULINE F.
Testator, as and for his .Last Will and Testament, in
of us, who, in the presence of the Testator and of
have hereunto subscribed our names 't
Address : ~C-~ S, ~~~ ~ ,~~ S\.
~~
Address I ,)_ ~ j ~ ~ ~~ J-
i nesses
Address: ~
5 ~u~~ ~% r~~ ~Z-
COMMONWEALTH OF PENNSYLVANIA )
COUNTY OF ) SS:
I PAULINE F. CHRONISTER, the Testator whose name is
signed to the foregoing instrument having been duly qualified
according to law, do hereby acknowledge that I signed and executed
the said instrument as my Last Will and Testament, that I signed it
willingly and that I signed it as my free and voluntary act for the
purposes therein expressed.
GAG Diu (° /~,~ r
PAULINE F. CHRONISTER
the said S PAULINEanF ackc o~wONISTERbefTestator he theersi ~ d, b f
~'' ~~- -~..c y' , 19 9 .~.
~ / /~ -
' C~i/~i~~rL c~v
NO'I~.~RY PUBL~7YC ~"~~
~nda C. Parker, Pbtary PubbC
West Hanover Twp., Dauphin County
AAy Commission Expires March 24,1997
47
COMMONWEALTH OF PENNSYLVANIA )
SS:
COUNTY OF )
n ~ ~ and
~~ ~
/- the witnesses o awes are signed to
th oregoing instrument, l5eing duly qualified ccording to law, do
depose and say that we were present and saw PAULINE F. CHRONISTER,
the Testator therein named, sign and execute the said instrument as
his Last Will and Testament, that he signed said instrument
willingly and that he executed it as his free and voluntary act for
the purposes therein expressed; that each of s in the hearing and
sight of said Testator signed the Last Wi 1 and Testament as
witnesses; and that to the best of our knowle g~ t e said Testator
was at that time 18 or more years of age, o s~n min nd under
no constraint or undue influence. ~~ ~ ~
F;
Sworn to and s c'ibed to efore me, e r ign~d, by the
witness a , G`~ , and
r ~?; tY3,is ~.~ day of f~ , 199:
NOTARY PUR3.,IC
~. Notarial Seal
lnrda C. Parker, Notary Public
~, Cornmisssion ~ March 2 14,997
48
_ __ _ __
JU I, 17• LV L I I iJynlvl ~IU~ DdfIK
~~
July 19, 2012
Suzanne H Crriest
Griest limes Herrold
~~7,gUmann ~err'0
129 E Market Sr
York, PA 17401
RE: Pauline F Chronister
SSN: 186-01-4678
DOD: 07-01-2012
Dear Ms. Crriest:
.._... _...... __ _ __
Iva. 3~rL r. I/L
In response to your request for Date of Death (DOD) balances for the customer noted above, our
records show the following:
Certificate of Deposit
Account # 31100218146
PAULINE F CIRONTSTER TRUST
PAULINE P CHRONISTER TTEE
DOA balance: $ 18,515.02 + 2.56 accrued interest
Checking Account
Account # 5140465339
PAULINE F CHRONISTER TRUST
PAULINE F CHRONISTER TTEE
DOA balance: S 2,062.81 + 0.00 accrued interest
Swings Account
Account # 5000737777
PAULZNE F CHRONISTER TRUST
PAULINE F CHRONISTER TTEE
DOD balance: $ 116,856.06 + 2.11 accrued interest
Established: 08-18-2001
Established: 04-03 -19 89
Established: 09-09-1996
Page 1 of 2
v v I• 1/ r L V I L I I• I V 111 \ I ~ I I\ V v u l l n
I\~• ~JJ / L I L/ L
Please note that this office provides date of death balances for deposit accounts (TRAs; CDs; Checking and
Savings). 'We do not process app financial transactions or providt statemenEsl Tf you need assistance with
any of these items, please call 1-888-pNC-BANK (1-888-762-2265) or stop by your local pNC Bank branch
office.
Sincerely,
National Financial Services Center
PNC Batalr., N.A.
Member FDIC
This message is intended for the use of the indn~idual or entity to which rt is addressed and may
contain information that is privileged, confidential and exempt from disclosure under applicable law,
If the reader of this message is not the intended recipient or the employee or agent responsible for
delivering this message to the intended recipient, you are hereby notified that any dissemination,
distribution or copying of this communications is strictly prohibited If you have received this
communication. in error, please notify me immediately by reply or by telephone at 800-762-1775 and
immediately destroy this faxed document.
Page 2 of 2
~~~~
LISTENING IS JUST THE BEGINNING.'"
Fulton Bank, N.A.
CD/IRA Renewal Form
Current Date: 10/15/2011. Branch #: 0064 Contact Name: MAGGIE DEVORICK (296)
Customer Name(s) and Address:
PAULINE F CHRONISTER TTEE Tax ID Number: 186-01-4678
REVOCABLE TRUST
TRUST DTD 8/18/1993
570 DOGWOOD DR
MECHANICSBURG PA 17055
Account Number: 064-0117788
Renew my CD /IRA from T415 15 .MONTH Current Face Amount $ 44,220.89 with
a Maturity Date of o 1 / t o/2013 to new product T424 24 Month CD with a new
maturity date of 10/15/2013 Principal amount $ 44,220.89 Reason code (if applicable)
New Interest Rate 0.60% .New Annual Percentage Yield 0.60% .Tier (if applicable) $
If applicable:
New interest rate .New Annual Percentage Yield .Tier
New interest rate .New Annual Percentage Yield .Tier
The minimum balance required to open this account and to obtain the Annual Percentage Yield (APY) is
Interest is credited: Annually from Issue Date
Interest Distribution Method: Add to Principal if Deposit to Account (Ck /Sav):
I/We understand and agree that the terms and conditions of the certificate of deposit bearing the account number
identified above is hereby amended to change the term, product, maturity date, and/or interest rate and Annual
Percentage Yield as set forth above. All other terms and conditions of the certificate of deposit or IRA money
market account which are not specifically amended by this CD/IRA Renewal Form shall continue in full force
and effect. I/We have received a copy of this CD/IRA Renewal Form, the accompanying Important
Information, and (except for a Certificate of Deposit that is an Individual Retirement Account) the attached
Rules, including the Arbitration Agreement, and I/We agree, on behalf of all Registered Holders, to the terms
and conditions thereof.
Customer Signature:~/,~ , '" ° `' Date: / d ~ I S~l ~
Customer Signature: Date:
Authorized Signature (Branch): ~ ~c~~ ` ~7C'~t~ ~C,k-
Customer Copy
Member FDIC FBCDREN RPT ivzoio
~~~~
LISTENING IS JUST THE BEGINNING.`"
Fulton Bank, N.A.
CD/IRA Renewal Form
Current Date: 12/22/2011 Branch #: 0064 Contact Name: TRACEY L MILLIKEN (92l)
Customer Name(s) and Address:
PAULINE F CHRONISTER TTEE Tax ID Number: 186-01-4678
REV TRUST
570 DOGWOOD DR
MECHANICSBURG PA 17055
Account Number: 064-0199860
Renew my CD /IRA from T415 15 MONTH BUMP UP Current Face Amount $ 23,860.76 with
a Maturity Date of 03/20/2013 to new product T590 9 Month No Penalty CD with a new
maturity date of 09/20/2012 Principal amount $ 23,860.76 Reason code (if applicable)
New Interest Rate 0.20% .New Annual Percentage Yield 0.20% .Tier (if applicable) $
If applicable:
New interest rate .New Annual Percentage Yield .Tier
New interest rate .New Annual Percentage Yield .Tier
The minimum balance required to open this account and to obtain the Annual Percentage Yield (APY) is
Interest is credited: At Maturity
Interest Distribution Method: Add to Principal if Deposit to Account (Ck /Sav):
I/We understand and agree that the terms and conditions of the certificate of deposit bearing the account number
identified above is hereby amended to change the term, product, maturity date, and/or interest rate and Annual
Percentage Yield as set forth above. All other terms and conditions of the certificate of deposit or IRA money
market account which are not specifically amended by this CDlIRA Renewal Form shall continue in full force
and effect. UWe have received a copy of this CD/IRA Renewal Form, the accompanying Important
Information, and (except for a Certificate of Deposit that is an Individual Retirement Account) the attached
Rules, including the Arbitration Agreement, and I/We agree, on behalf of all Registered Holders, to the terms
and conditions thereof.
Customer Signature: Date:
Customer Signature: date:
Authorized Signature (Branch):
Customer Copy
Member FDIC FBCDREN.RPT iznoio
__
bti/ 1 // "L~1'L ].1 : 4F_' I1 /:~:~ 1:i:3 /'i SANUUt&ASSUC; F'A(it b1/ 11
To Laura J Sandoe/Field/AMPF~AMPF
cc
bcc
Subject 11722557 6 OOi
PAULINE F CHRONISTER - DEATH SETTLEMENT
REQUIREMENTS -PLEASE DO NOT DELETE
July 2S, 2012
LAURA J'EANMs SANDOE
FI, 1
1105 SHRIVERS CORNER RD
GETT'YSBURG, PA 17325-8369
Dcar LAURA JEANNIJ SANDOE:
Ameriprl6e Financial Company
70100 AmeNprlse Financial Center
Mlnneapoli8, MN 55474
Thank yov for your recent inquiry regarding PAULINE F CHROMSTER's accounte. These are tl~e values of the
accounts as of 07/01/2012.
Account Information
Annuities -Post 1[985
Account Number shi
93006261464 7 004 Individual
93006453117 9004 Individual
93006561541 9 004 Individual
930066569391004 Trutt
93006779352 9 004 Trust
93007818937 8004 Individual
93007969318 8004 Trust
LTC Preiatium Return
Account Number Owners •g ,~
91005175381 2 004 Individual
Ameriprise ONE Financial Account
ccount umber Owner, '
000641 10380 9 021 Individual - TOD
Annuities -Post 1985
ccount umber Tota uc /
93006261464 7 004 540051.19 v
RiverSource L1te Insurance Company
CItS/ L// LG1L ' 1: 4t5
930064531 17 9 004
9300b561S41 9 004
93006456939 1 004
93006779352 9004
93007818937 8 004
9300796931.8 8 004
/1 /33/33!7
$15011.54 /
$49298.21 /~
$32283.51 /
$41316.30
$172748.21 /
$4?062,75 /
Amerprise ONE Financial Account
account Number o slue
000641 10380 9 021 $45,210.37
Annuity transfer 6,547.20
Annuity transfer 2 7 6,
Total 81,553.57
~Htvuucar-+~~u~
~~ I~ml:AmeeiPNa! ONE Fln~aelal Aaeam6 F'AI/IINE F CFlRONISTE3I TOD
AeCt Nio:0IDd44103Ba~02'1
AedT~e:Non-4
~I: '. f„i?I}. .:; Vt1l L•^,"'~i,r ~;ll' I'! y~~` i.,n, •.,... ,
~. I„j:~.?n;. ;i,:.;Rhc;Y': ~t;^~'>t%111{',ti:iil iftl~.l?i R', ~ ~~•~~~~ . d1n,.. . ~ . , .. . ~:~i'~~~' ,. ;'r•l': •:•r~"
Hma~mlTodt l~16,~l0,3I '
rr+uc u.~/ 11
The date of death values provided are for estate tax purposes and arc not a value to be paid, Accounts may be
subject to market fluctuation as governed by each product. Please note that the values indicated for any Life
Insurance product(s) with the insured deceased reflect the gross death benefit at date of death and not the cash value.
Values indicated for Life Insurance Products with only the owner deceased reflect the cash value as of the date of
death. Values for any proprietary mutual funds include accrued dividends as applicable. Values provided for
brokerage products are manually calculated, and should. be used as estimates only. The prices used to provide values
are estimates obtained from outside sources believed to be reliable, Amcriprise Financial provides these values as a
service to its elient.4. Actual values used in preparation of tax returns or for planning purposes should be verified by
your legs[ and accounting advisors.
We appreciate the opportunity to be of service to you. Please contact us if you have any questions.
Sincerely,
William Stuber
Death Settlements Processing Team
70100 Ameriprise Financial Center
Minneapolis, MN 55474
1-800-862-7919, Option 2, ask for Estate Settlements
Please do not reply to this email. This database does not support incoming mail. Please call the phone #t
within the letter if you .require assistance. Thank-you.
~if® Events Team
~~
Al~t~terc
You're in good hands.
July 18, 2012
The Pauline F. Chronister Trust
c/o Judy Chronister, Successor Trustee
570 Dogwood Dr.
Mechanicsburg, PA 17055
Re: Pauline F. Chronister, deceased
Contract No: GA0596087
Claimant(s): The Pauline F. Chronister Trust
Dear Ms. Chronister:
We are very sorry to learn of your loss and extend our sincere condolences. We understand this may be
a difficult time for you.
The contract owner was receiving a series of payments spread over a period of time under this annuity.
The beneficiary is now entitled to receive the remaining guaranteed payments outlined below. Any
payments due a beneficiary will be paid on the specified due dates, and they will not be commuted or paid
in a lump sum. If there are multiple beneficiaries, each beneficiary will receive their respective share of
any payment.
Frequency of payments: Semi Annual
Amount of each payment: $2,607.20
Last payment date: December 15, 2020
We Need Some Information to Process Your Claim
In light of this loss, we need some additional information from you to help us process your claim, At your
earliest convenience, please send us the following documents in the enclosed postage-paid envelope:
• Claimant's Statement (fully completed and signed)
• Certified copy of death certificate ("certified" means an origina- document or copy with raised seal
or original stamp). Unfortunately, we are unable to return an original death certificate submitted to
us for this claim.
If a Trust is the Claimant, the Trustee needs to complete and sign the enclosed Claimant's Statement,
including the Certification of Trust. If the Trust does not already have a Tax ID number, the Trustee needs to
obtain one. You can direct any questions regarding this requirement to the IRS at 1-800-829-1040. If we do
not receive a Tax ID number for the trust, the IRS requires us to withhold 10% of the taxable amount from
any distribution.
Allstate Life Insurance Company
Life and Annuity Claims
P.O. Box 94212, Palatine, IL 60094-4212 Phone 877-499-6418 Fax 866-635-4523
July 18, 2012
Page 2
Additional Tax Information
Payments from art annuity may be taxable to the .recipient. Please consult with your tax advisor or
attorney prior to making any decisions concerning the claim. If you have any questions, or if you need
assistance in completing the forms, please contact me at 1-877-499-6418, Ext. 24774.
Again, we extend our sincere condolences on your loss. Thank you for your assistance.
Sincerely,
Donna Rivera
Claim Representative
Enclosures