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HomeMy WebLinkAbout11-01-12 (2)1505610140 1500 EX (°'-'°' REV - OFFIC'~IAL USE ONLY PA Department of Revenue Bureau of Individual Taxes Po Box zeosol Harrisburg PA 17128-0601 INHERITANCE TAX RETURN RESIDENT DECEDENT County Code Year 2 1 1 2 File Number 0 6 0 7 ENTER DECEDENT INFORMWTION BELOW Social Security Number Date of Deafh MMDDYYYY Date of Birth MMDDYYYY 1 2 0 1 2 0 9 0 6 1 9 1 4 Decedent's Last Name Suffix Decedent's First Name MI F o s t e r H e l e n L (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Neme Suffix Spouse's First Name MI Spouse's Social Security Nunhber ' THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVAiLS BELOW 1. Original Return Q 2. Supplemental Return ~ 3. Remainder Return (date of death prior to 12-13-82) 4. Limited Estate ~ 4a. Future Interest Compromise (date of ~ 5. Federal Estate Tax Return Required death after 12-12-82) © 6. Decedent Died Testate ~ 7. Decedent Maintained a Living Trust ~ 8, Total Number of Safe Deposit Boxes (Attach Copy of VVII) (Attach Copy of Trust) 9. Litigation Proceeds Received ~ 10. Spousal Poverty Credit (date of death ~ 1 i. Election to tax under Sec. 9113(A) between 12-31-91 and 1-1-95) (Attach Sch. 0) CORRESPONDENT -THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TA). INFORMATION SHOULD BE Q~IRECTED TO: Name Daytime Telephone Number <'~ -..~--,~ "'' T i C'> J o h n C Z e p I I I 7 1 7 ~~8 8~ 0%~;~ p ..p -. ~ c~.;r% USE ONLV REGISTER ~; S3 rrr[[[^^^^^^ First line of address rr. ~ C`• . ~ T P O B o x 2 0 4 ©~ ~ F"Se~ N i Second line of address ~ Stale ZIP Code DATE FILED City or Post Office Y o r k S p r i n g s P A 1 7 3 7 2 correspondent's a-man address: attorney ,lohnzepp.com Under penalties of perjury, 1 decla 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. De larallon of preparer other than the personal representative is based on all Information of which preparer has any knowledge. SIGNATURE OF PERSON RESP. JBLE FOR FILING R-~SURN DATE ADDRESS SI REO 'LINER THAN REPRESENTATIVE 1OI3O~12 Bo PLEASE York Sprin FORM ONLY Side 1 150561'0140 1505610140 1505610240 .REV-1500-EX Decedents Nama: H e l e n L• Foster 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 and Notes Receivable (Schedule D) ........................ .. 4. 6 1 8 2 • 2 5 5. Cash, Bank Deposits and Miscellaneous Personal Property (Schedule E)..... .. 5. 6. Jointly Owned Property (Schedule F) ^ Separate Billing Requested ..... .. 6. 7. Inter-Vivos Transfers & Miscellaneous N -Probate Property (Schedule G) ~ Separate Billing Requested ..... .. 7. 8. Total Gross Assets (total Lines 1 through 7) ......................... .. 6. 6 1 8 2 . 2 5 9. Funeral Expenses and Administrative Costs (Schedule H) ................ .. 9. 2 1 5 9 . 7 7 10. Debts of Decedent, Mortgage Liabilities, and Liens (Schedule I) ........... .. 10. 4 ~ 2 2 . 4 8 11. Total Deductions (total Lines 9 and 10) ............................. .. 17. 6 1 8 2 . 2 5 12. Net Value of Es[ate (Line 8 minus Line 17) .......................... .. 12. ~ • 0 0 13. Charitable and Governmental BequestslSec 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. 0 . ~ 0 TAX CALCULATION -SEE INSTRUCTIONS FOR APPLICABLE RATES 75. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 Q ~ O 15 O. D D (a)(1.2)X.0 _ . 16. Amount of Line 14 taxable ~ 0 0 0. 0 0 at lineal rate X .0 _ i6. 17. Amounl of Line 14 taxable 0 ~ ~ 17 0. ~ 0 at sibling rate X .12 . . 18. Amount of Line 14 taxable 0 0 0 0 . 0 ~ at collateral rate X .15 18. 19. TAX DUE ...................................................... 19. 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT Side T 1505610240 1525610240 o• 0 0 REV-; 500 EX Page 3 Decedent's Complete Address: Flle Number 21 12 0607 DECEDENT'S NAME Helen L. Foster STREET ADDRESS 1000 Claremont Road CITY Carlisle STATE PA ZIP 17013 Tax Paymerrts and Credits: t. 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, Llne 20 to request a refund. 5. If Line 1 +Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. Make check payable to: REGISTER OF WILLS, AGENT (3) 0.00 (4) 0.00 (5) 0.00 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 dncome of the property transfened : ................................................................. ..... ^ 0 b. retain the right to designate who shall use the property transferred or its income; ^ X^ c. retain a reversionary interesl~ or ........................................................................................... .... ^ d. receive the promise for life of either payments, benefits or care? .................................................. .... ^ 2. If death occuned giber December 12,1982, did decedent transfer property within one year of death without receiving adlequate consideration? .................................................................................. ..... ^ ^X 3. Did decedent own an "intrust for' orpayable-upon-death bank account or secudty at his or her death? .... ..... ^ 4. Did decedent own an individual retirement account, annuity or other non-probate property, which contains a beneficiary designation? ............................................................................................. ..... ^ IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. For dates of death on or after July 1, 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 3 percent [72 P.S. §9116 (a) (1.1) (i)]. For dates of death on or after Jan. 1, 1895, 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 statuld 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 ev@n 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 valve 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 tfle child is 0 percent [72 P.S. §9116(x)(1.2)]. • The tax rate imposed on the net valgle 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) p2 P.S. §9116(x)(1)1. • The tax rate imposed on the net valve of transfers to or for the use of the decedent's siblings is 12 percent [?2 P.S. §9116(x)(1.3)]. Asibling is defined, undo Section 9102, as an individual who 11as at least one parent in common with the decedent, whether by blood or adoption. Total Credits (A+E3) (2) REV-,i SD8 EX+ (; t-t 0) pennsylvania DEPARTMf:NT OF REVENUE INHERITANCE TAX RETURN RESIDENT (DECEDENT SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY FILE: Include the proceeds of litigation and the date the proceeds were received by the estate. All orooertv jointly owned with right of survivorship must be disclosed on Schedule F. ITEM I VALUE AT DATE NUMBER DESCRIPTION OF DEATH of American (Retirement) Employees Retirement System TOTAL (Also enter on Line 5, Recapitulation) ~ E If more space is needed, insert additional sheets of paper of the same size 4,678.66 426.05 pennsylvania DEPARTMENT OF REVENUE INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE H FUNERAL EXPENSES AND ADMINISTRATIVE COSTS ESTATE OF FILE NUMBER Helen L. Foster 21 12 0607 Decedent's de(Ns must be reported on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A. I FUNERAL 1. B. ADMINISTRATIVE CASTS: 1. Personal Represen~alive Commissions: Name(s)otPersonalRepresentative(s) Miriam E. Stambaugh 309.11 Sheet Address PO BOX 96 Cary Aspeirs state PA ZIP 17304 Year(s) Commission Paid: 2012 Z. AdomeyFees: John C. Zepp, III 1,500.00 3, Family Exemptlon: (It decedents address is not the same as claimants, attach explanation.) Claimant Street Address City ~I State ZIP Relationships of Claimant to Decedent 4. Probate Fees: Cumberland County Register of Wills 75.50 5 Accountant Fees: 6. Taz Relum Preparer Rees: 7. The Sentinel 200.16 8. Cumberland Clounty Law Journal 75.00 TOTAL (Also enter on Line fl, Recapitulation) E If more space is needed, use additional sheets of paper of the same size. REV'1512 EX+ ~12-06) pennsylvania OEPARTME:NT OF REVENUE INHERITANCE TA%RETURN RESIDENT DECEDENT SCHEDULEI DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS Helen L. Foster 21 12 0607 Report debts incurred by the decedent prior to death that remained unpaid at the date of death, including unreimbursed medical expenses. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. Pennsylvania Department of Public Welfare 4,022.48 TOTAL (Also enter on Line 10, Recapitulation) I $ If more space is needed, insed additional sheets of the same size. REV-]513 EXa (01x10) Pennsylvania DEPARTMENT OF REVENUE INHERITAAICE TAX RETURN RESIDENT DECEDENT SCHEDULE) BENEFICIARIES ESTATE OF: FILE NUMBER: Helen L. Foster 21 12 0607 NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY RELATIONSHIP TO DECEDENT Do Not List Trustee(s) AMOUNT OR SHARE OF ESTATE t TAXABLE DISTRIBUTIONS [Include ouMght spousal distdbutions and transfers under Sec. 9116 (a) (1.2].] 1. Michael V. Foster Collateral 50,000.00 574 Myrtle Ct. Harrisburg, PA 1711'2 2. David .J. Foster Collateral 50,000.00 831 Market Street Lemoyne, PA 17043 3 Miriam E. Stambaugih Residue P.O. Box 96 I Aspers, PA 17304 ENTER DOLLAR AMOUNT FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 T HROUGH 18 OF RE\'-1500 COVER S HEET, AS APPROPRIATE. Il. NON-TAXABLE DISTRIBU IONS: A. SPOUSAL DISTRIBUTIO SUNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN: 1. 8. CHARITABLE AND GOV<j:RNMENTAL DISTRIBUTIONS: 1. TOTAL OF PART II If more space is needed, use TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET 3 the same s¢e. n T r` _.. G) LAST WILL AND TESTAMENT ~`__' ~' -= r _ ~ - ~~~ _, , ~, ~'~ to ~i ~ ' OF . C. HELEN L. FOSTER HELEN L. FOSTER, of 2100 Bent Creek Boulevard, Mechanicsburg, (Silver Spring Township), Cumberland County, Pennsylvania, make, publish and declare this as and for my Last Will and Testament, hereby revolting all other Wills and Codicils heretofore made by me. ', FIRST: I direct that all inheritance, estate, transfer, succession and death ta~Ces, as well as my just debts and funeral expenses, of any kind whatsoever, which may be payable by reason of my death, shall be paid out of the pr~ncipal of my estate as the same can conveniently be done. S COND: I specifically give and bequeath the sum of fifty thousand do~lars ($50,000.00) to my nephew, MICHAEL V. FOSTER, of Harrisburg, Pennsylvania, per stirpes. HIRD: I specifically give and bequeath the sum of fifty thousand do~lars ($50,000.00) to my nephew, DAVID J. FOSTER, of Harrisburg, I~ennsylvania, per stirpes. F URTH: I give, devise and bequeath all t:he rest, residue and remainder oflmy estate of whatever nature and wherever situate, including any property over which I hold power of appointment and together with any insur- ante policies~lthereon, to my sister and brother-in-law, RUTH I. KUHN and RUSSEL L. ~~UHN, share and share alike, or to the survivor of said two, should either,, of them predecease me. In the event I am survived by neither RUTH I. KiUHN or RUSSEL L. KUHN, I give, devise and bequeath all the rest, residue end remainder of my estate to my niece, MIRIAM E. STAMBAU~H, of Aspens, Pennsylvania. F FTH: In addition to all powers granted to them by law and by other provisions of this Will, l give the fiduciaries acting hereunder the follow- ing powers, applicable to all property, exercisable without court approval and effective unt~l actual distribution of all property: To sell at public or private sale, or to 1~°ase, for any period of time, any read or personal property and to give options for sales, exchanges or leases, for su~h prices and upon such teens (including credit, with or without security) or conditions as are deemed proper. This incRudes the power to give legally sufficient instruments for transfer of the property and to receive the proceeds of any disposition. To partition, subdivide, or improve real estate and to enter into agreements cpncerning the partition, subdivision, improvement, zoning or of real estate and to impose or extinguish restrictions on real estate. I ( I~) To compromise any claim or controversy and to abandon any property whik:h is of little or no value. (~) To invest in all forms of property, including stocks, common trust funds and mortgage investment funds, without restriction to investments ~' 2 authorized for Pennsylvania fiduciaries, as are deemed :proper, ~~~thout regard to any princi~le of diversification, risk or productivity. (E,) To exercise any option, right or privilege granted in insurance policies or in lother investments (1~') To exercise any election or privilege given by the Federal and other tax law$, including, but not necessarily being limited to, per-sonal income, gift. and estat~ or inheritance tax laws. (~) To make distributions to my herein named beneficiaries in cash or in lcir~d or partly in each. To borrow money from themselves or others in order to pay debts, taxes, ~r estate or trust administration expenses, to protect or improve any property (held under my will, and for investment purposes. To select a mode of payment under any qualified retirement plan (pension plan, profit sharing plan, employee stock ownership plan, or any other type of qualified plan) to the extent provided for by the plan or the law. I nominate and appoint RUTH I. I<UHN, Executrix, of this, my Lastl~Will and Testament. In the event of the death, resignation or inability to s~rve for any reason whatsoever of RUTH I. KUHN, I nominate and appoint my l~'rother-in-law, RUSSEL L. I<UHN, Executor, of this, my Last Will and Testame~t. S1lould both RUTH I. I<UHN and RUSSEL L. KUHN, be unable or unwilling to serve for any reason whatsoever, I nominate and appoint my niece, MIIRIAM E. STAMBAUGH, of Aspers, Pennsylvania, Executrix, of this, my Last!,Will and Testament. I direct that my Executrix or Executor, as the 3 case may be,, shall not be required to post security or a bond for the performance of their duties in any jurisdiction. IN my Last I'NESS WHEREOF, I have hereunto set any hand and seal to this, and Testament, this ~' ~ ~, day of January, 2003. ~~~~~~,.~ ~ (SEAL) HELEN L. FOSTER sealed, published and declared by 'the above-named Testatrix as ~ her request, Iin hereunto su~sc /2 a'/, ~c~F"4 S~ Address ,- Address d for her Last Will and. Testament in our presence, who, at her presence and in the presence of each other, have our names as attesting witnesses. i ~ <'"' Name ,~ ,. ,ass'- ~ t~r~- i I ~ ~ >> l ~~~~~ NaYGm~ ~-- ' 4