Loading...
HomeMy WebLinkAbout04-18-13 J 15175610105 REV-1500 Ex`02-11)(H) lvanta OFFICIAL USE ONLY PA Department of Revenue P!enn SY County Code Year File Number Bureau of Individual.Taxes INHERITANCE TAX RETURN PO BOX 28o6o1 .21 ao13 ZI-13 -bir3 Harrisburg PA 17128-0601 RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death MMDDYYYY Date of Birth MMDDYYYY 01/29/2013 08/30/1940 Decedent's Last Name Suffix Decedent's First Name MI Smith Sandra L (If Applicable)Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW (31D 1. Original Return O 2.Supplemental Return O 3. Remainder Return(Date of Death Prior to 12-13-82) O 4.Limited Estate O 4a.Future Interest Compromise(date of O 5. Federal Estate Tax Return Required death after 12-12-82) O o 6. Decedent Died Testate O 7. Decedent Maintained a Living Trust B. Total Number of Safe Deposit Boxes (Attach Copy of Will) (Attach Copy of Trust.) O 9. Litigation Proceeds Received O 10.Spousal Poverty Credit(Date of Death O 11. Election to Tax under Sec.9113(A) Between 12-31-91 and 1-1-95) (Attach Schedule O) CORRESPONDENT- THIS SECTION MUST BE COMPLETED.ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SH BE DIRECTE Name Daytime TelephgV&rklMber 4i � Co -, r?7 1`71 Tracey M Reichard ; _ C y a. r` r_r REGISTFITO Ill US iLY M rr7 +' R .`O C Y � n C O D G 7 First Line of Address C C -r1 3 104 Sarah Court ~ V —! r Second Line of Address a O Cri C') City or Post Office State ZIP Code DATE FILED Lewisberry PA 17339 Correspondent's e-mail address:traCeyr409 @801.COM Under penalties of perjury,1 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 pre arer other than the personal representative is based on all information of which preparer has any knowledge. SIGNATU 5 ON L/E�1 F T T ADDRESS-. G SIGNATURE OF PREPARER OTHER THAN REPRESENTATIVE DATE ADDRESS PLEASE USE ORIGINAL FORM ONLY Side 1 L 1505610105 1505610105 J 1505610105 REV-1500 EXIO21'IN) OFFICIAL USE ONLY PA Department of Revenue Pennsylvania Bureau of Individual Taxes ' County Code Year File Number PO BOX 280601 IN TAX RETURN Harrisburg PA 17128-0601 RESIDENT DECEDENT .21 aD�3 ZI-I3 'G1�3 ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death MMDDYYYY Date of Birth MMDDYYYY 01/2912013 08/30/1940 Decedent's Last Name Suffix Decedent's First Name MI Smith Sandra L (If Applicable)Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW OD 1. Original Return O 2. Supplemental Return O 3. Remainder Return(Date of Death Prior to 12-13-82) O 4.Limited Estate O 4a. Future Interest Compromise(date of O 5, Federal Estate Tax Return Required death after 12-12-82) OIb 6. Decedent Died Testate O 7.Decedent Maintained a Living Trust 8. Total Number of Safe Deposit Boxes (Attach Copy of Will) (Attach Copy of Trust.) O 9. Litigation Proceeds Received O 10.Spousal Poverty Credit(Date of Death O 11. Election to Tax under Sec.9113(A) Between 12-31-91 and 1-1-95) (Attach Schedule O) CORRESPONDENT- THIS SECTION MUST BE COMPLETED.ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number Tracey M Reichard REGISTER OF WILLS USE ONLY First Line of Address 104 Sarah Court Second Line of Address City or Post Office State ZIP Code DATE FILED Lewisberry PA 17339 Correspondent's e-mail address:traceyr4D9 @aol.COm Under penalties of perjury,I declare that I have examined this retum,including accompanying schedules and statements,and to the best of my knowledge and belief, it is true,correct and complete.Declaration of pre arer other than the personal representative is based on all information of which preparer has any knowledge. SIGNATU R ADDRESS-/G L� IBC(I�� �! /� W/.���L /�r// / .'/ � 6�5 SIGNATURE OF PREPARER OTHER THAN REPRESENTATIVE DATE ADDRESS PLEASE USE ORIGINAL FORM ONLY Side 1 L 1505610105 1505610105 1505610205 REV-1500 EX(FI) 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. 5. Cash,Bank Deposits and Miscellaneous Personal Property(Schedule E). ...... 5. 2,686.00 6. Jointly Owned Property(Schedule F) C=) Separate Billing Requested . . . . . 6 7, Inter-Vivos Transfers&Miscellaneous Non-Probate Property (Schedule G) C=) Separate Billing Requested.,... ... 7, 10,439.18 8. Total Gross Assets(total Lines 1 through 7).. . . . ... . . . . ..... . . . .--- 8. 13,125.18 9. Funeral Expenses and Administrative Costs(Schedule H).. . .. ... .... . . . .. .. 9. 4,578.25 10. Debts of Decedent,Mortgage Liabilities and Liens(Schedule 1). .... . . . . . ..... 10, 11. Total Deductions(total Lines 9 and 10). .... . .. .. . . ............ ... 11, 4,678.25 12. Not Value of Estate(Line 8 minus Line 11) ... . . . . . ...... .... 12, 8,546.93 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, 8,648.93 TAX CALCULATION-SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate,or transfers under Sec.9116 (a)(12)X,O- 15. 16, Amount of Line 14 taxable at lineal rate X.0 45 8,546,93 16, 384.61 17. Amount of Line 14 taxable at sibling rate X.12 17, 18. Amount of Line 14 taxable at collateral rate X.15 19. TAX DUE .- I ...... 19. 384.61 20, FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT Side 2 1505610205 1505610205 REV-1500 EX(Fl) Page 3 File Number Decedent's Complete Address: DECEDENTS NAME Sandra L Smith STREETADDRESS 208 Senate Avenue,Apt, 814 CITESTATE --___- I ZIP Camp Hill PA 17011 Tax Payments and Credits: 1. Tax Due(Page 2,Line 19) (1) 384.61 2. Credits/Payments A.Prior Payments ___ B.Discount Total Credits(A+B} (2) 3. Interest {3) 4. If Line 2 is greater than Line i+Lure 3,enter the difference. This is the OVERPAYMENT. Fill in oval on Page 2,Nina 20 to request a refund. (4) 5. If Line 1 +Line 3 is greater than Line 2,enter the difference.This is the TAX DUE. (5) 384-61 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 ...............................—..................—................................... ❑ 0 b. retain the right to designate who shall use the property transferred of its income ........----................._...... ❑ 0 c. retain a reversionary interest .....................-..................-................................................................................. ❑ 0 d. receive the promise for life of either payments,benefits or care?.._.................................................................. ❑ 0 2. If death occurred after Dec.12,1982,did decedent transfer property within one year of death without receiving adequate consideration?......--..-................................................._..............---........--............ ❑ N 3. Did decedent own an"in trust for"or payable-upon-death bank account or security at his or her death?.............. ❑ 0 4. Did decedent own an individual retirement account,annuity or other non-probate property,which contains a beneficiary designation? ...--...............__..............................,....................._..........................----...... 0 ❑ 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 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 decedents lineal beneficiaries is 4.5 percent,except as noted in[72 P.S.§9116(a)(1)]. • The tax rate imposed on the net value of transfers to or for the use of the decedents 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-t5o8 EX+(08-12) pennsyivania CASH, E DEPARTMENTOFRFVENUE CASH, BANK DEPOSITS& MISC. INHERITANCE TAX RETURN PERSONAL PROPERTY RESIDENT DECEDENT' ESTATE OF: FILE NUMBER: Sandra L Smith 21-13-0153 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, `TIM VALUE AT DATE _NUMBER DESCRIPTION OF DEATH 1. ( Sovereign Bank-Checking account no.2331112533 161.00 2 Returns to Puff_n_Snuff store 48.00 3 Rental security deposit return(Susquehanna View Apts) 75,00 4 Car(2003 Chevrolet Cavalier)-sold at auction 2,265.00 5 Erie insurance (Auto insurance)refund 137,00 6 Clothese,household goods,furnishings-donated to Salvation Army on 219113 0.00 I TOTAL(Also enter on Line 5, Recapitulation) $ 2,686,00 If more space is needed,use additional sheets of paper of the same size, REV 1510 EX 09) I pennsylvania SCHEDULE G I DEPARTMENT Of REVENUE INTER-VIVOS TRANSFERS AND INHERITANCE TAX RETURN MISC. NON-PROBATE PROPERTY RESIDENT DECEDENT ESTATE OF FILE NUMBER Sandra L Smith 21-13-0153 This schedule must be completed and filed if the answer to any of questions 1 through 4 on page three Of the REV-1500 is yes, DESCRIPTION OF PROPERTY DAT£OF DEATH %OF DECD'S' EXCLUSION ' TAXABLE ITEM INCLUDE THE NAME OF IRE i SFENEE,THEIR RELATIONSHIP N DECEDENT AND NUMBER THE DATE OF IRANSFMt. An AM A COPY OF THE DEED FDA.RFAE ESTATE. ^, ,,, VALUE OF ASSET INTEREST IFAPPLICABLE VALUE I. Annuity-Sun Life Assurance Co of Canada(US) 10,82220 100 383.42 10,439.18 Contract No.KA12833734-1 r TOTAL(Also enter on Line 7, Recapitulation) $ 10,439.18 If more space is needed,use additional sheets of paper of the same size. REV-I511. Ext( 0-09) pennsylvania SCHEDULE DEPARTMENT OF REVENUE FUNERAL EXPENSES AND INHERTTANCE TAX RETURN ADMINISTRATIVE COST'S RESIDENT DECEDENT ESTATE OF FILE NUMBER Sandra L Smith__ 21-13-0153 Decedent's debts must be reported on Schedule I. ITEM NUMBER _ DESCRIPTION AMOUNT A. FUNERAL EXPENSES: Parthemore Funeral Home 4,158.57 Food for reception following funeral 111.02 & ADMINISTRATIVE COSTS: 1, Personal Representative Commissions: Name(s)of Personal Representative(s)_ -___ Street Address City --- - .-___ ------..-._—_ —.... __. _.._ ____ state._...___. .ZIP __.. Year{s)Commission Paid: 2, Attorney Fees: 25.00 3, Family Exemption: (If decedent's address is not the same as claimant's,attach explanation.) Claimant Street Address City — ------- — — _._. .--- _.--_- State_..---- ZIP----_. Relationship of Claimant to Decedent C. Probate Fees: 283-66 51 Accountant Fees: 6. Tax Return Preparer Fees: 7, TOTAL(Also enter on Line 9, Recapitulation) $ 4,578.25 If more space is needed,use additional sheets of paper of the same size. Sun Life Financial® February 5, 2013 Tracey Reichard 104 Sarah Ct Lewisberry, PA 17339 RE: Policy Number: KA12833734-1 Claim Number: DC-237198 Deceased: Sandra L Smith Dear Ms. Reichard: Please convey our sincere condolences upon the death of Sandra L Smith. Enclosed is claim information for Jeffrey Minich, Dana Griswold and Tracey Reichard which describes the settlement options available, outlines the procedures to follow, and lists the documents required to settle the claim. We have enclosed a business reply envelope for your convenience. If you have any questions or need assistance completing the claim forms please call us at (800) 367-3653. Sincerely, Claims Administration Department Sun Life Financial PO Box 9133 Wellesley Hills,MA 02481 Sun Life Assurance Comnarry of Canada (11 S) and Indenendenre Life and Annuity Cmmoany are memherc of tho 9m 1 if,M--;A arnnn r.f rnm na nlr. Sun Life Assurance Co. of Canada (US) _iiL P.O. Box 9I33 Sun Cz Welleslcy Hills NIA 02481-9133 - Life Financial" Prepared for: Lantern Retirement Advantage 5 Year Sandra L Smith 521 Anniversary Statement 208 Senate Ave Apt 814 July 20, 2011 Susquehanna View Apartments ' Camp Hilt PA 17011-2359 Account Value: 9.01 idl�llui�'Ibinnlld��i''I"��I'�III'II�I'1'11"IIIII�II�iII'� Contract: KA12833734-0i Date Issued: 7(2012007 Initial Investment: $40,000.00 Contract Information — _— Interest Rate------ OwnerIs) Sandra 1 Smith From July 20, 2011 to July 20, 2012 your Annuitant Sandra L Smith new interest rate(Effective Annual Yield) Qualification Type Non-Qualified is 5.6Suiu. Bonus Rate Tiers Contract Activity Summary,-- _— The interest rate is determined by the Value as of July 20, 2010 $20,269.55 contract accumulated value,and may change Payments $0.00 with each additional payment,each monthly Interest Earned $777.99 anniversary of the issue date or any Withdrawals $$,638.53 withdrawals. Value as of July 20, 2011 $12,404.01 Value of contract Additional Rate • Surrender Value as of July 20, 2011 $12,614.51 on date of payment for each payment 49,999.99 and lower +0% Contact Us 50,000.00 or greater + .15% — s �— Visit nur website wwa°.sunlife-usa.eotn To reach the next bonus tier,you must For automated service 800-367-3654 make an additional payment of$37,590.99. For all questions 800-367-36$3 Includes all applicable surrender charges, and market value adjustment. te MIR Milo 3- �I4 ` For a secure way of accessing your contract, and tracking your investment you can lag on to www.sunlife-usa.com. CustomerLink R f �� y/r offers on-fine access toyour annuity 24 hours ) j�j, j aday. Manage your contract, review current l � C//A'`C V values,and download forms all at your (�r� fingertips. ►� I Sun Life Assurance Co.of Canada (U is a member of the Sun Life Financial group of companies. 20110721 521 Sovereigif Mini-statement SP1,10RA 1, SHITH Account numberv23137269123311.12533 A list of recent ttansactian$ ea yevr ar-co�.rnt BALANCE SUMMARY Tvpe Amount{$) AvailaC).e 196.47 Ledger 186.49 POSTED ACTIVITY Date Details Deposits) _ Withdrawal($) Balance)$) 04/08/2013 INTEREST CREDIT FROM 0.01 186.47 03/28/2013 RETD SSITREAS310 SUPPSEC -25.00 I96.46 03/29/2013 RETD SSATREAS310 SOCSEC -705.00 211.46 03/07/2013 INTEREST CREDIT FROM 0101 916.46 02/61/2013 90EM OF PA SSP DPWBENEFIT,7AN- 22.10 37.6.45 02/01./2013 XXSSI TREAS 310 XXSUPP 25.00 894.35 02/01./2013 SSA TREAS 310 XXSOC SEC 705.(1 169.35 07/24/2013 RITE AID 01074 PURCHASE -4.65 s?9 164.35 y/�� bo d. 01/2'?/2 ri13 CHECK 00000'1001939 -12.00 169.00 1 01/21/2013 CHK CARD PURCHASE PUFF-N- -54.06 1.81.00 SOVEREIGN BANK NEWBERRY COMMONS BRANCH 36 ROBIN HOOD DR ETTEWE 1'� -17919-9526 REGISTER OF WILLS CERTIFICATE OF CUMBERLAND COUNTY GRANT OF LETTERS PENNSYLVANIA d, No. 2013- 00153 PA No. 21- 13- 0153 Estate Of: SANDRA LEESMITH (Flrsp hiiddfo,tastt Late Of: EA S T PENNSBORO TOWNSHIP CUMBERLAND COUNTY 0 Deceased Social Security No: 181-32-2877 WHEREAS, on the 7th day of February 2013 an instrument dated February 5th 2007 was admitted to probate as the last will of SANDRA LEE SMITH (First,Middle."W late of EAST PENNSBORO TOWNSHIP, CUMBERLAND County, who died on the 29th day of January 2013 and, WHEREAS, a true copy of the will as probated is annexed hereto. THEREFORE, I, GLENDA FARNER STRASBAUGH Register of Wills in and for CUMBERLAND County, in the Commonwealth of Pennsylvania, hereby certify that I have this day granted Letters TESTAMENTARYto: TRACEY M REICHARD who has duly qualified as EXECUTOR(RIX) and has agreed to administer the estate according to law, all of which fully appears of record in my office at CUMBERLAND COUNTY COURTHOUSE, CARLISLE, PENNSYLVANIA. IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed the seal of my office on the 7th day of February 2013. egistei of Wills Deputy **NOTE** ALL NAMES ABOVE APPEAR (FIRST, MIDDLE, LAST) w, LAST WILL AND TESTAMENT I, SANDRA L. SMITH, of the Township of Loyalsock, County of Lycoming and Commonwealth of Pennsylvania, do hereby make my Last Will and Testament and revoke all Wills and Codicils by me at any time heretofore made. 1. PAYMENT OF DEBTS AND FUNERAL EXPENSES. I direct that all my just debts and funeral expenses shall be paid from the assets pf,my estate as c � m soon as practicable after my decease. r, cl rn � ICU rn _. Ci m 'S7 � CD v, .� 'C .-1 :.) 2. SPECIFIC BEQUEST OF JEWELRY. I—° t+'1 r.I VJ 1-71_r c (a) I give and bequeath my white gold di)ni' 5l ring to';rrtiy c.D s:r daughter, DANA K. GRISWOLD. -„ cn �z (b) I give and bequeath my yellow gold diamond ring to my r daughter, TRACEY M. REICHARD. (c) I give and bequeath my blue sapphire diamond ring to my daughter-in-law, SANDRA MINICH. (d) I give and bequeath my yellow gold amethyst ring to my granddaughter, ASHLEY GRISWOLD. 3. GIFT OF LIFE ESTATE IN RESIDENCE. I give and bequeath a life estate in my residence situate at 2012 Reed Street, Williamsport, Pennsylvania, together with all household goods and furnishings therein, to my good friend, MONICA M. KITCHEN, for her life so long as she desires and McCORMICK LAW FIRM 875 W.FOURTH ST. continues to use said premises on a regular basis as her home, subject to she WILLIAMSPORT,PA. n3 x eY ws"ts " ,.. err t-,a­%ce :.^ c?�, nee es a s ",.?Ke assessments, ns,:rance, and ordinary repairs. Saio property sr,a,i oe insured by her in an amount equal to the fair market value of said property and said insurance shall also insure the interest of the remaindermen as well as herself. Upon the death of my good friend, Monica M. Kitchen, or at such prior time that she no longer uses said premises on a regular basis as a home for herself, I direct my personal representatives hereinafter named to sell said real and personal property and distribute the net proceeds thereof in equal shares to my three (3) children, JEFFREY V. MINICH, DANA K. GRISWOLD and TRACEY M. REICHARD. 4. GIFT OF RESIDUARY ESTATE. I give, devise and bequeath all of the rest, residue and remainder of my estate, both real and personal and wherever situate, in equal shares to my three (3) children, JEFFREY V. MINICH, DANA K. GRISWOLD and TRACEY M. REICHARD, In the event that any of my children shall fail to survive me, and shall leave issue surviving me, the within bequest shall not lapse but shall pass to such surviving issue, who shall take per stirpes the share which their deceased parent would have taken had he or she survived me. 5. TRUST UNTIL AGE TWENTY-ONE (21). Should any person be under the age of Twenty-One (21) at the time of my death, I give, devise and bequeath his or her said share of my estate to my daughter, DANA K. McCORMICK LAW FIRM 335 W.FOURTH ST. W'ILLIAMSPORT,PA. 2 SM25WORD, asTristee, In TRUST, to ftka r4aNW, oroesz z�c -.e—;•,,pest :--' ... CS�e, :ne .^Co7ne anu after nay ng a,, ex-eases nC aent management of the Trust, to apply such parts of the net income and principal as may be necessary, in the sole discretion of my said Trustee, for the support, welfare and education, including education at an institution of higher learning, of said person until she reaches the age of Twenty-One (21). Should said person die before obtaining age Twenty-One (21), the Trust shall terminate as to his or her share and said share shall be distributed to his or her heirs, but subject to the terms of this Trust. In case of vacancy in said office of Trustee, I hereby appoint my son, JEFFREY V. MINICH, as Alternate Trustee, 6. PERSONAL REPRESENTATIVE. I nominate, constitute and appoint my three children, JEFFREY V. MINICH, DANA K. GRISWOLD and TRACEY M. REICHARD, as Co-Executors of this my Will. 7. WAIVER OF BOND. I direct that no fiduciary under this Will shall be required to give bond in any jurisdiction in which he or she may act, conditioned upon the faithful performance of the duties of said office. 8. TAXES. I direct that all estate, inheritance and succession taxes on property passing on account of my death under this Will or otherwise except as set forth below shall be paid out of the principal of my general estate to the same effect as if said taxes were expenses of administration, and all legacies, h FIRM I,ST. PA. 3 f i; 7.r ne even; that, at the time of my death, I own securities registered in beneficiary form pursuant to 20 Pa.C.S. § 6401, et seq., then any such taxes due as a result of the transfer of such securities upon my death shall be borne by the registered beneficiary and not by my estate. 9. RESTRAINT ON ALIENATION. I direct that all legacies and all shares and interests in my estate, whether principal or income, while in the hands of my personal representative or trustee herein appointed, shall not be subject to attachment, execution, or sequestration for any tort, debt, contract, obligation, or liability of any legatee or beneficiary, and shall not be subject to pledge, assignment, conveyance or anticipation by any legatee or beneficiary 10. FIDUCIARIES' POWERS. I direct that my personal representative and trustee herein appointed, in addition to and not in limitation of any authority given to the same by law, shall have the following powers: A. for the payment of debts or for any purpose of administration or distribution, to sell, mortgage, lease, alter, improve, partition and exchange all or any of my property, real or personal, at any time during the administration of my estate or the continuance of said Trust and at the termination thereof for purposes of distribution, selling at public or private sale without an order of court for such prices and upon such terms as to cash and AW FIRM 2TH ST. )RT PA. 4 �^:?,�y or: t^e part of t^e pu-case-s u see tc -`e i application of the purchase or consideration moneys, any statute, rule or case law to the contrary notwithstanding; B. To retain for distribution in kind all stocks, bonds and other investments made by me, or in the absolute discretion of said personal representative or trustee to convert the same into cash, whether or not such conversion is necessary, any statute, rule or case law to the contrary notwithstanding; C. To retain as investments of the Estate and Trust, all stocks, bonds and investments owned by me and to invest and reinvest in other stocks, bonds, shares in mutual investment trusts, common trust funds and other investments, without being confined to what are known as "legal investments" and to sell and transfer the same, either in person or by attorney, without liability on the part of the purchasers to see to the application of the purchase or consideration moneys. 11. INTERPRETATION, The following interpretations shall apply to this Will: (a) Throughout this Will, when the masculine, feminine or neuter gender is used inappropriately, it shall mean the appropriate gender, and unless the context requires otherwise, the singular number shall include the plural and vice versa; WCN LAW FIRM .FOURTH ST. .MSPORT,PA. CJ (c) The headings at the beginnings of paragraphs and sub-paragraphs in this Will are for reference purposes only and shall be disregarded in the construction of this instrument unless the context clearly indicates otherwise. IN WITNESS WHEREOF, I have hereunto set my hand and seat this day of 2007. 1 4JC ,L7 (SEAL} Sandra L. lfh Signed, sealed, published and declared by the above named Testatrix as and for her Last Will and Testament in our presence, who, at her request and in her presence and in the presence of each other, have hereunto subscribed our names as witnesses. William L. Knecht, Esquire 2MICN LAW FIRM N FOURTH ST. 'AMSPORL PA 6 OF Ir't 5S Cif T*t tY OF LYCOMING ) We, SANDRA L. SMITH, the Testatrix, and the witnesses whose signatures appear below, and 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 this instrument as her Last Will and Testament and that she had signed willingly and that she 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 and of each other, signed the Will as a witness and that to the best of their knowledge, the Testatrix was at that time eighteen (18) years of age or older, of sound mind and under no constraint or undue influence. Sandra L. Sh William L. Knecht, Esquire McCORMICK LAW FIRM 8:5 W.FOURTH 3T. WILLIAMSPORT,PA. 7 t Subscribed, sworn to and acknowledged before me by SANDRA L. SMITH, the Testatrix, and subscribed and sworn to before me by the witnesses above named, thish day of � � ' 2007, o Public (rxnmaMV>A.afth Of Penns*" NOT.^,}.W.�Zkl. 5110. E 7 t:IR". ,l )tzry Punic l: \ �} \ \ ca/ zo G § ( m m m Iry n �2 ) . ! . ) / Co \ / m % � E" � ZY & / / 7 I \ \� D � � _ I . � .