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HomeMy WebLinkAbout03-08-13 REV-1500 E` 1505610140 (°' '°' PA Department of Revenue OFFICIAL USE ONLY Bureau of Individual Taxes INHERITANCE TAX RETURN County Code Year File Number PO BOX 280601 2 1 1 2 0 1 2 9 8 Harrisburg,PA 17128-0801 RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW Suffix Decedent's First Name MI M 0 R R 0 W E R M A A (N Applicable)Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW ® 1.Original Return 2.Supplemental Return 3.Remainder Return(date of death prior to 12-13-82) 4.Limited Estate 4a. Future Interest Compromise(date of 0 5. Federal Estate Tax Return Required death after 12-12-82) ® 6.Decedent Died Testate 7.Decedent Maintained a Living Trust 0 8.Total Number of Safe Deposit Boxes (Attach Copy of Will) (Attach Copy of Trust) 9.Litigation Proceeds Received 10.Spousal Poverty Credit(date of death D 11.Election to tax under Sec.9113(A) between 12-31-91 and 1-1-95) (Attach Sch.O) CORRESPONDENT-THIS SECTION MUST BE COMPLETED.ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number S E T H T M 0 S E 8 E Y 7 1 7 2 4 3 3 3 4 1 REGISTERWILLS USE ONLY CDP First line of address Qj O 1 0 E A S T H I G H S T R E E T Second line of address Z m C/) = C► - � C) C> c� City or Post Office State ZIP Code G9 r DATE FIC$ :U rV l-- r.y1 C A R L I S L E P A 1 7 0 1 `f Co n w Correspondent's e-mail address: SMOSEBEY(,MARTSONLAW.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. S RE OF PERSON ESPONSIBLE FOR fl ING RETURN DATE AD SS 2200 CANYON DRI E, E-1 COSTA MESA CA 92627 SI TURE OF-MEPA11ER OTHER THAN REPRESENTATIVE DATE J- ADDRESS 10 EAST HIGH S BEET CARLISLE PA 17013 PLEASE USE ORIGINAL FORM ONLY Side 1 L 1505610140 1505610140 J 1505610240 REV-1500 EX RECAPITULATION 1. Real Estate(Schedule A) .... ........................... ............ 1. 2. Stocks and Bonds(Schedule B) .......................... ............ 2. 2 9 2 5 3 . 7 6 3. Closely Held Corporation,Partnership or Sole-Proprietorship(Schedule C) ..... 3. 4. Mortgages and Notes Receivable(Schedule D) .............. ............ 4. 5. Cash,Bank Deposits and Miscellaneous Personal Property(Schedule E)....... 5. 4 3 5 6 8 . 4 9 6. Jointly Owned Property(Schedule F) ❑ Separate Billing Requested ....... 6. 7. Inter-Vivos Transfers&Miscellaneous Probate Property (Schedule G) hb Separate Billing Requested ....... 7. 4 2 3 1 6 . 8 2 8. Total Gross Assets(total Lines 1 through 7) ............... ............ 8. 1 1 5 1 3 9 . 0 7 9. Funeral Expenses and Administrative Costs(Schedule H) ...... ............ 9• 7 7 9 5. 0 8 10. Debts of Decedent,Mortgage Liabilities,and Liens(Schedule 1) .... ......... 10. 11. Total Deductions(total Lines 9 and 10) ......... .......... ............ 11. 7 7 9 5 . 0 8 12. Not Value of Estate(Line 8 minus Line 11) ................... ...... ... 12. 1 0 7 3 4 3 . 9 9 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made(Schedule J) ............. ......... 13. 14. Not Value Subject to Tax(Line 12 minus Line 13) ................ ...... 14. 1 0 7 3 4 3 . 9 9 TAX CALCULATION-SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate,or transfers under Sec.9116 (aX1.2)X-0_ 0 . 0 0 15. 0 . 0 0 16. Amount of tine 14 taxable at lineal rate X•045 1 0 7 3 4 3 . 9 9 16. 4 8 3 0 . 4 8 17. Amount of Line 14 taxable at sibling rate X.12 0 . 0 0 17. 0 . 0 0 18. Amount of Line 14 taxable at collateral rate X.15 0 . 0 0 18. 0 . 0 0 19. TAX DUE .................. ..... ............................... 19. 4 8 3 0 . 4 8 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT ❑ Side 2 L 1505610240 1505610240 REV-1500 EX Page 3 File Number Decedent's Complete Address: 21 12 01298 DECEDENTS NAME ERMA A.MORROW STREET ADDRESS 35 EASTGATE DRIVE APT.202 CITY STATE ZIP CARLISLE PA ]7015 Tax Payments and Credits: 1• Tax Due(Page 2,Une 19) (1) 4,830.48 2. Credits/Payments A.Prior Payments B.Discount 241.52 Total Credits(A+B) (2) 241.52 3. Interest 4. If Une 2 is greater than Une 1+Une 3,enter the difference.This is the OVERPAYMENT. (3) Fill In oval on Page 2,Line 20 to request a refund. (4) 0.00 5. If Une 1+Une 3 is greater than Une 2,enter the difference.This is the TAX DUE (5) 4.588.96 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 December 12,198Z did decedent transfer property within one year of death without receiving adequate consideration? ....................................................................................... ❑ 3. Did decedent own an"in tout for'or payable-upon-death bank account or security at his or her death? ......... 4. Did decedent own an individual retirement account,annuity or other non-probate property,which contains a beneficiary designation?.................................................................................................. ® ❑ IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES,YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. For dates of death on or after July 1,1994,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 0 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-1503 EX,(8-12) pennsylvania SCHEDULE B DEPARTMENT OF REVENUE INHERITANCE STOCKS & BONDS INHERITANCE TAl(RETURN RESIDENTDECEDENr ESTATE OF FILE NUMBER ERMA A.MORROW 21 12 01298 All property jointly owned with right of survivorship must be disclosed on Schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. Ameriprise Financial Company,Basic Brokerage with One,account no.000256697293113 29,253.76 See attached valuation. TOTAL(Also enter on Line 2,Recapitulation) $ 29 253.76 If more space is needed,insert additional sheets of the same size REV-1508 EX+(08-12) pennsylvania SCHEDULE E DEPARTMENT OF REVENUE CASH, BANK DEPOSITS &MISC. RRESIDDDIT�DECEDENT PERSONAL PROPERTY ESTATE OF: FILE NUMBER: ERMA A.MORROW 21 12 01298 Include the proceeds of litigation and the date the proceeds were received by the estate. All property Jointly owned with right of survivorship must be disclosed on Schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. M&T Bank checking account no.33370036 15,319.12 See attached valuation. 2. Ameriprise Financial,Annuity-Post 1985,account no.930074175314004 11,459.50 See attached valuation. 3. Ameriprise Financial,Annuity-Post 1985,account no.930074918101004 10,039.94 See attached valuation. 4. 1991 Dodge Spirit 1,850.00 5. Pension check received after date of death. 265.86 6. Cash in home 2,795.00 7. Personal property 1,250.00 8. Comcast-refund 45.07 9. Erie Insurance-car insurance refund 182.00 10. Apartment rental-refund 362.00 TOTAL(Also enter on line 5,Recapitulation) $ 43 568.49 If more space is needed,use additional sheets of paper of the same size. REV-1510 EX+(08-09) pennsylvania SCHEDULE G DEPARTMENT OF REVENUE INTER-VIVOS TRANSFERS AND INHERITANCE TAX RETURN MISC. NON-PROBATE PROPERTY RESIDENT DEaMffr ESTATE OF FILE NUMBER ERMA A.MORROW 21 12 01298 This schedule must be completed and filed 9 the answer to any of questions/through 4 on page three of the REV•1500Is yes. DESCRIPTION OF PROPERTY ITEM INCLUDE THE NAME OF THE TRrnsREREE THEIR RELATIONSHIPTO DECEDENT AND DATE OF DEATH %OFDECUS EXCLUSION TAXABLE NUMBER THE DATE OF TRANSFER ATTACH A COPY OF THE OEM FOR RFAL ESTATE VALUE OF ASSET INTEREST VALUE 1. *Ameriprise Financial,IRA,account no.005047185722001 3,709.79 100.00 3,709.79 Beneficiary:Gwendolyn Strom,daughter 2. *Ameriprise Financial,Certificate account no.008047185692001 1,593.22 100.00 1,593.22 Transfer on death beneficiary:Gwendolyn Strom,daughter 3. *Ameriprise Financial,Certificate account no.008097260213001 2,103.03 100.00 2,103.03 Transfer on death beneficiary:Gwendolyn Strom,daughter 4. *Ameriprise Financial,Certificate account no.063042084432001 7,095.93 100.00 7,095.93 Transfer on death beneficiary: Gwendolyn Strom,daughter 5. *Ameriprise Financial,Certificate account no.063048037376001 1,835.09 100.00 1,835.09 Transfer on death beneficiary: Gwendolyn Strom,daughter 6. *Ameriprise Financial,IRA Annuity-Post 1985 25,979.76 100.00 25,979.76 Account no.931074432523004 Beneficiary: Gwendolyn Strom,daughter *See attached valuation. TOTAL Also enter on Line 7,Recapitulation) S 42 316.82 N more space is needed,use additional sheets of paper Of the same size. REV-1511 EX+(10-09) pennsylvania SCHEDULE H DEPARTAENTOFREVENUE FUNERAL EXPENSES AND INHERITANCE TAX RETURN RESIDENT DECEDENT ADMINISTRATIVE COSTS ESTATE OF FILE NUMBER ERMA A.MORROW 21 12 01298 Docedeffs dabs must be reported on Schedule 1. ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1. Travel expenses to plan and attend funeral(including airfare,lodging,airport parking, 1,705.38 meals and local transportation) B. ADMINISTRATIVE COSTS: t. Personal Representative Commissions: Name(s)of Personal Represemad"(s) Street Address City Stall ZIP Year(s)Commission Paid: 2. Attorney Fees: Manson Law Offices 5,872.20 3. Family Exemptbn:(N decedents address Is not the same as clairrots,attach explanation.) Claimant Street Address City state ZIP Relationship of Claimant to Decedent 4. Probate Fees: Register of Wills,Cumberland County 127.50 5. Accountant Fees: 6. Tax Return Preparer Fees: 7. Register of Wills,filing fee of Inheritance Tax Return 15.00 8. Additional probate 75.00 TOTAL(Also enter on Line 9,Recapitulation) $ 7,795.08 It more space is needed,use additional sheets of paper of the same size. REV-1513 EX-(01-10) pennsyivania SCHEDULE J OEPARTWNT OF REVENUE BENEFICIARIES INHERITANCE TAX RETURN RESVENT DECEDENT ESTATE OF: FILE NUMBER: ERMA A.MORROW 21 12 01298 RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S)RECEIVING PROPERTY Do Not List Truslee(s) OF ESTATE 1 TAXABLJ=DISTRIBUTIONS [Indudt diSWINAons and hnstam Under Sec.91 8{a {12}j 1. Gwendolyn Strom Lineal 107,343.99 2200 Canyon Drive,E-1 Costa Mesa,CA 92627 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18 OF REV-1500 COVER SHEET,AS APPROPRIATE. II. NON-TAXABLE DISTRIBUTIONS: A.SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN: 1. 8.CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS: TOTAL OF PART II-ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET. ; If more space is needed,use additional sheets of paper of the same site. FAFU,MATAFILETimt PIUWn$\10610 vAII LAST WILL AND TESTAAMNT I,ERMA MORROW,of West Pennsboro Township,Cumberland County,Pennsylvania, being of sound and disposing mind and memory,do hereby make,publish and declare this to be my Last Will and Testament,hereby revoking any and all former Wills or Codicils by me made. 1. I direct that all my legally enforceable debts,funeral expenses,testamentary expenses and all inheritance taxes (whether such taxes may be payable by my estate or by any recipient of any property)shall be paid from my residuary estate as soon as practicable after my decease and as part of the administration of my estate. My personal representative shall have no duty or obligation to obtain reimbursement for any such tax so paid, even though on proceeds of insurance or other property not passing under this Will. z. I give, devise and bequeath all of my estate, both real and personal property, unto my daughter,GWENDOLYN STRUM,absolutely. 3. 1 nominate,constitute and appoint my daughter,GWENDOLYN STRUM, as Executrix of my estate. 4. 1 direct that my Executrix shall not be required to file a bond to secure the faithful performance of her duties in any jurisdiction. 5 I authorize and empower my personal representative,in her sole and absolute discretion,to purchase or otherwise acquire and retain any investments of which I die seized or any real or personal property of any nature; to sell, lease, pledge, mortgage, transfer, exchange, dispose of or grant options in regard to any or all property of any kind forming a part of my estate for such terms and such prices as she may deem advisable; to borrow money for any purposes connected with the protection and preservation of my estate;to mortgage or pledge any real or personal property forming a part of my estate or to join in or secure the partition of same;to compromise any claims or demands tials Page 1 of 3 Pages of my estate against others or of others against my estate,to make distribution in kind and to cause any share to be composed of cash,property or undivided fractional shares in property different in kind from any other share;to employ agents,attorneys and proxies and to delegate to them such power as my personal representative considers desirable and to pay reasonable compensation for such services as may be rendered by such agents,attorneys and proxies;and to execute and deliver such instruments as may be necessary to carry out any of these powers. In addition, I direct that my personal representative shall have the power to conduct an inventory of any safe deposit box necessary to the administration of my estate. IN WITNESS WHEREOF I have hereunto set my hand and seal this A011(day of f (SEAL) ma Morrow SIGNED,SEALED,PUBLISHED AND DECLARED by the above-named Testatrix,as and for her Last Will and Testament,in the presence of us,who at her request,have hereunto subscribed our names as witnesses therqto, in the presence of the said Testatrix and of each other. i Page 2 of 3 Pages COMMONWEALTH OF PENNSYLVANIA ) SS. COUNTY OF CUMBERLAND ) We, Erma Morrow, , and 3 r M ra 5 (1 )I.-Id tl t I ,.the Testatrix and the witnesses,4spectively,whose names are signed to the foregoing instrument, being first duly sworn, do hereby declare to the undersigned authority that the Testatrix signed and executed the instrument as her last Will and that the Testatrix has signed willingly,and that the Testatrix executed it as her free and voluntary act for the purposes therein expressed,and that each of the witnesses,in the presence and hearing of the Testatrix,signed the Will as a witness and that to the best of his/her knowledge the Testatrix was at that time eighteen years of age or older,of sound mind and under no constraint or undue influence. ' t ttness itness Subscribed, sworn to and acknowledged before me by Erma Morrow, the Testatrix, and subscribed and sworn to before me by Da V IGL A0 and 6 S. to� a,&A ,the witnesses,this �� day of 6—, 2002. NN notary Public NOTARIAL SEAL CORRINE L.WEBS,Notuy Public Carlisle Boro.Cumberlanacowty My Commission Expires May 27,2003 Page 3 of 3 Pages Leuschen, Ronald P From: Shetkar, Ganesh V on behalf of SD Life EventsCommunicationCenter Sent: Friday, December 14, 2012 8:44 AM To: Leuschen, Ronald P Subject: 16495722 7 001 ERMA A MORROW DEATH SETTLEMENT REQUIREMENTS PLS DO NOT DELETE. River8ource Life Insurance Company Ameriprise Financial Company 70100 Ameriprise Financial Center Minneapolis,MN 66474 December 14,2012 RONALD PATRICK LEUSCHEN 25 S 35TH ST CAMP HILL, PA 17011-4409 16495722 7 001 Dear RONALD PATRICK LEUSCHEN: ; We have received notification of ERMA A MORROW's death. The deceased's name appears on the following accounts. Account values as of 12/06/2012 are listed below. At the end of this letter,you will find a list of beneficiaries shown in our initial review of the accounts Account Information Certificates Account Number Ownership 00504718572 2 001 IRA-beneficiary designated 00804718569 2 001 Individual-TOD 00809726021 3 001 Individual-TOD 06304208443 2 001 Individual-TOD 06304803737 6 001 Individual-TOD Annuities-Post 1985 Account Number Ownership 930074175314 004 Individual 93007491810 1 004 Individual 93 107443252 3 004 IRA -beneficiary designated Basic Brokerage with ONE Account Number Owners hi 00025669729 3 133 Individual Certificates 2 -T-LOm Account Number Total Value 5ch • C3, Z�mS 1 -b Cn �l '3� 00504718572 2 001 $3,709.79 00804718569 2 001 $1,593.22 008097260213 001 $2,103.03 06304208443 2 001 $7,095.93 06304803737 6 001 $1,835.09 Annuities -Post 1985 Account Number Total Value 93007417531 4 004 $11,459.50 930074918101004 $10,039.94 93 107443252 3 004 $25,979.76 Basic Brokerage with ONE Account Number Total Value 00025669729 3 133 $29,253.76 ACC[Mrrns:AMWWC ErkwK IAEO W%, l71AA4AMORROW ACCT MO:OM035OW20133 ACCITAWft -QWM W NFL2 W- 0 �z a PAWS 0q + , CASH CLAM EMJWLENM 90.031.70 I in 90A01.70 RMOO NVl0TNEW BNAMO.OMP FWQX LCNMNT1 MMM FAO6 11.4* 10M.70 80MCLiC L-lew �TMIM3 Y/OLL3nVMPCWVfWM av= OMCRT-Tewr"M own am O.Tf0.31 OCU MS0OMnAl VOW R*W INr 9400YE F{Nf MC AccwtTdd $3D=70 The date of death values provided are for estate tax purposes and are 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 products 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. Ameriprise Financial provides these values as a service to its clients. Actual values used in preparation of tax returns or for planning purposes should be verified by your legal and accounting advisors. Account Disposition Account disposition is based on how an account is owned(the ownership type). The following information will help you understand the process that will be used to settle the accounts. Accounts may be subject to market fluctuation as governed by each product. Disposition for IRA-beneficiary designated ownership Upon the death of the owner,all IRA accounts pass to the named beneficiaries. If you are inheriting multiple IRA plans of the same plan type,they will be settled into one Inherited IRA plan.To determine the distribution options available,please consult a tax advisor. If all IRA accounts will not be fully distributed to the beneficiaries within the year of the owner's death,we recommend the accounts be transferred into inherited ownership by year end.This ensures we are able to meet IRS Form 5498 reporting requirements. Transferring to inherited ownership is not a taxable distribution to the beneficiary. If an account in an IRA was subject to a Special Beneficiary Restriction,the distribution options for that particular account will be restricted. Disposition for Individual-TOD ownership Upon the death of the owner,all accounts registered as individual-transfer on death pass to the named beneficiaries. Although the assets do not become part of the estate for distribution,we understand they should be included for inheritance and/or estate tax purposes. MM&TBank 499 Mitchell Road,Millsboro,DE 19966 Adjustment Services Phone 888-502-4349 F ax (302)934-2955 December 24,2012 Martson Deardorff Williams Otto Gilroy& Faller 10 East High Street Carlisle,PA 17013 Re: Estate of Erma A.Morrow Social Security: 202-20-0605 Date of Death: December 6.2012 Dear Sir or Madam: Per your inquiry on December 19,2012,please be advised that at the time of death,the above-named decedent had on deposit with this bank the following: 1. Type of Account Checking Account Account Number 33370036 Ownership(Names on Erma A.Morrow Opening Date 0412811987 Balance on Date of Death $15,319.12 Accrued Interest $ .00 Total For any additional information on the above secou %including ownership and any changes,closures sod/or reimbursement of funds, please rag the High street Cu1hk at 717-M 4536. We were unable to locate any ask deposit box for the above-mentioned decedent. This letter does not Include any accounts In which the deceased may have been listed as Power of Attorney,Custodian of Uniform Traoskra, Representative Payee,or Trustee under a Written Agreement. Sincerely, Valarie Mercer Adjustment Services