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� 1505611185
REV-1500 EX(02-11}(FI)
OFfIC1AL USE ONLY
PA Departmmtof Rarenue
Bureau of IndiWdual Tv�es County Code Yaef File Number
Po eox zsoea� INNERITANCE TAX R�TUl2N 21 y� �j �
Narr�sb�rg, PA mze-osoi RESIDENT DECEDENT ✓ �
ENTER QECEDENT INPORtAATiON BE�OW �
Sooial Seeurity Number pate of Dea�h MMOOVYn' Date of Birth MMOPYVW
171-32-1733 11012012 0324Y938
Decedenfs lasi Name Su�x DecetlenPs Pirst Name M i
KERSNNER 0'DpNNELI. ANNAh1AE L.
{if Appiicabfe) Enter Surviving Spoase'a t�farmation Belaw
Spouse's Last Name SuRix Spouse's First Name M I
Sgouse's Social Security Number THIS RETURN MUST BE FILED IN DUPUCATE WITH THE
- - REGIS'TER OF WIL�S
Fllt.IN APPROPRWTE Bf}XES BELOW
� 1. Original Re�um � 2. Supplemenlel Return � 8. Remainder Return(Date ot Death
PtiOrto 12-i3-82}
❑ 4. Lrcnited Estate ❑ 4a. Future Interest Compromise(date ot ❑ 5. Federal Estate Tax Return Required
death efter 12-12-82}
� 6. pecedent Dfetl Testate � 7. Decedent Maintained a Living 7mst _ 8. Total Num6er pf SaFe Deposit Boxes
r� (Aitach Copy of Widi} (Attaeh Gopy af Trust.)
IJ 9. Litigation Prqceeds Receivetl ❑ 70.Spousal Poverty Cretlit{Date ot Death ❑ 11. Election to Tax under Sec.91 t3(A)
8etween 72-39-97 and i-1-95) tAifach 8chedule0)
CORRESPONDENT- THt3 SEGTK'N!MUST�COtAPCE7E4.All CORRESP4NDENCE AND CONFIDENTIRL TAX IMPpRb1ATiON SttWtD 8E DIRECTE074:
Name Oayilme Telephane Number
JEPFREY A . ERNICO, ESQ • 717-2�-�500� �; � ,�
RE-��F_1N�LL3� ON� �
� a: CS -'c CA :rJ
r,., Sa 7" w ..'q �
First Line of Address � �` R7 G.� �'�'..' �;
3401 NORTH FRONT $TREET y `"' -� - �' "'
_ �,
Secontl Line of Address � ��
� � ..�� r.. .. :_.: ;>
PO BOX 5950 '� ''�
.,. 4....'� J:� GC?
City qr Post Qffice Stata Z!P Cc+l� DATE F � D _
HAftRISBURG PA 1711�095�
correspnodenese•maiiaddress: JAERNICOaMETTE�COM
Undar penaities af per7ury,i tleUare thai I have azamined this teWm,indutlpfg accompanying sch�tluias entl statements,and ta tha best af my knaviatlpe and beiiM,
it is true,correct antl complate. Decleration of preparer other then the personel representa4ve is 6psed on ell ink�matian of whkh properer has any knowledge.
SIGNA7tlRE OF PER�N RE�7VSIBLE FOR FIIING RETURN DATE
LINDA K . SEROSKIE, CO-TRUSTEE �� �(y� �} - (�,- l�
ADDRESS
10 SAN JUAN DRIVE MECHANTCS6URG, PA 17055
SIGNANRE 6F PREPARER OTHER THAN REPRESENTAl'IVE .l�j>� `-� �ATE// //�
METTE, EVANS & WOODSIDE ����w f' �
RDDRESS
34Q1 N • FR4NT STREET, PO BOX 5 HARRSSBUR6, PA 1711�-�95�
PLFASE USE ORIGINAL PORM ONLY
3ide 1
�„�„� 15q5611185 nrna64l3o00 1505611185 �
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� 1505611285
REV-150D EX(FI)
Decedenfs Social Securily Number
7,71-32-1?33
oeceeent'eNeme KERCHN R fl+ DbNN , ANNAMAF_ _ L
RECAPITULATION
t. Real Estate(Schedule A} . . . . . . . . . . . . . . . . . . . . . . . . . . . . �, �.0 Q
2. Stocks end Bonds(Schedule B). . . . . . . . . . . . . . . . . . . . . . . . . p � •�Q
3. Closeiy Held Corporation,Partnership ar SWe-Proprietorship(Sdiedule C). . . . . g. �.0�
4. Mortgages and Notes Receivable(Schedule D) . . . . . . . . . . . . . . . . . q 0-��
5. Gash,Bank Deposits and MisceBaneaus Perso�ai Property{Schedule E} , , , , , 3, D•Q�
8. Jointly Owned Pfoperty(Schedule F) � SeparBte Billing Requested . . , . 6. 0 • �0
7. inter-Vivos Tranafers&MiscNianeous Non-Protrate Ptoperiy
{schedu�e�} � Separate Biiiing Requested . . . . 7. 4��67 5-29
8. Total Gross Assets(total Linea 7 ihrough 7) , , , , , , , , , , , , , , , , , , 8 41�6�5-2 9
9_ Funerai Expenses and Administrative Costs(Schedule H). . . . . . . . . . . . . g. 2��15•a�
70. Debts of Decedpnt, Morigage Llabilities,and Liens(Schedule Ij , , , _ , , , , , �a. p•��
11. 7otai Detluctions{tolai Liaes 9 and tb}, , , , , , , , , , , , , , , , , , , , , �� 2�Q 1 S •�0
12. Net Value of EstaUe(Line 8 minus Line 11} , , , , , , , , , , , , , , , , �2 39,660-29
9 3. Charitable and Gavernmentai BequeatstSec 9�13 7rusts for wtrich
an eleotion to taz has not been made(SCheduie J), , , , , , , , , , , , , , , , �3 � . ��
t4. Netva�uesuejecttorax(tinei2minustine�3} . . . . . . . . . . . . . . �q 39�66�-29
TAX GAtGULA7I8N•SEE lNSTRUC7IpMS F4R APPLICABLE RATES
15. Amount of Line 14 ta�cable
at the spousal tax rate,or
trensfers unCer Sec.9N6
�a��,.z}X.ou a .no ,�. o. 00
1fi. Amount of Line i4 xable
at�inea�ratex.o N� 39�660 . 3Q ts. 1�784 .71
77. Amount of Line 14 tara6le
at si6iing rete X.�2 p.Q 0 17, 0.00
1$, Amount of Line 14�azable
atcollateralreteX.iS Q,pp �g Q•��
19. TAXDUE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19. 1,784 • 7],
2Q. FIIL IN THE BOX IF YOU ARE REQUESTING A REFUND OF AN OVERPAY0.AENT ❑
,�i[�@ �
� 1505611285 1505611285 �
OML6d8 3.006
_ _
REV4500 EX(Fp Page 3 FilO NUIllb6f
Decedent'sCom IeteAddress: 2y y�
DECEDENT'S NAME
R � ONNELL ANNAMAE L
S'iREEfADDRESS
JUAN 4RZVE
M J_AND COUNTY
��n STATE 21P
t1E N PA 7
Tax Payments and Credits:
�. Tax oue tP�z.��n��s} ��} ]„78 4 •71
2. Credits/Payments
A. Priqr Payments 0 • ��
6. oisCOUnt ._ �.�(]
Totai Credits{A+8) {� �•�d
$. Interest
(3) � � .��
A. if Line 2 is greater tiran�ine 1+t,ine 3,enter the tlifference.7his is the OYERFAYMEMT.
Piii in box on Page 2,Line 20 to reques[a rBfund. (4) � O .OO
5. If Line t +Line 3 is greater than line 2,enter the tlifference.This ie the TAX DUE. {5} ].,7 8 4 .7 2,
Make check payabie#o: REGlSTER C}F WILLS, AGENT.
PLEASE AN5WER THE FOIIQWiNG QUESTIQNS BY PLAClNG AN"X"IN THE APPROPRIATE BLOGKS
1. Did tlecedent make a trenster antl: �Yes No
a. retain Ihe use or income of the property tr2nsferretl . . . . . . . . . . . . . . . . . . . . . . . . lnJ ❑
b. retain the right to designate who shall use the property transfarred or its incorne . . . . . . . . . . � ❑
c. retain a reversionary interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . �
d. receive the promise for life of either payments,benefits or care? . . . . . . . . . . . . . . . . . . ❑ �
2. If death nccurred after Dec. 12, 1982,did tleoedent transfer property within one qear of death ��
wittrout ceceiving a4equate conaitleration? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7.._� ���
3. Did deoedent own an"in t�usi for"or payabie-upon-death bank account or security at his or her death? . ❑ LA1
4. Ditl decetlent own an indivitlual retirement account,annuity, or oth8r non-probata property,which
contains a 4eneficiary desiqnation? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . �� �
IF THE ANSWER TO ANY OF THE ABOVE qUE5T10N8 IS YES, YqU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF 7HE RETURN.
Fw dates of death on or after July t.1994,and before dan. t, 1995, the tax rete impased an the net vaiue of transfers to ot for the use of the surviving spouse
is 3 percent(72 P.S.§9118(a)(i.�)(i)�.
Fqr dates of death on or after Jan. 1, 1995, the tax rate imposed on the net value ot transfers to or for the use af the surviving spouse Is 0 percent
(72 P.S.§9116 {a}(t.�}(ii}].The statute does not exempt a transfer ta a surviving spouse from tax,and the statutory requirements for discioseere af asse#s and
fiiing a tax return are stiH aPMicabie even it the surviving spouse Is the oniy beneficiary.
For dates of tleath on or after July 1,2000:
• The tax rate imposed on the net value of transfers from a dece�ed ohiltl 2� years of age ar younger at death to or for the use of a natural parent, an
adoptive parent or a steppareM of the chi3d is 0 perceM[72 P.S.§9t 18(a}(1.2}7.
• The tax rate imposed on the net velue of transfers to or for the use of the decetlenPs lineal baneficiaries is A.5 percent,except as noted in[72 P,S.�9116(a)(1)].
• The tax rate impoae0 on the net value of t�anafers to or for the use of the tlecedeM`s siWings is 12 perCent[72 P.S§91 i6{�}(1.3)�.A sitrling is defined,
und�Section 9i 02,as an intlivitlua!who has af teast one pareni in common wtth the tlecede�t,whether by biood ar adoptian.
OM48]t 2.000
1
ftEV-1510 EX+(OB-09)
pennsylvania SCHEDULE G
oeaa�rrraFr�vervue INTER-VIYC}S TRANSFERS AND
inmERiTaNCerxx ReruRN MISC.NON•PROBATE PROPERTY
RESIDENTDECE�EM
ESTATE OF � FILE NUMBER �F
Annamae L. ICezahner 4'DOnnell 21 13
This sobedule must be completed and filetl if the an5wer to any of questions 1 through 4 pn page three of the REV-1500 is yes.
DESCRIPTION OF PROPERTY ��
ITEM iwa.i�l�w��r�mNSC�,r�aaEUr�o�wPrneecECE�vrsro DATEOFDEATH °IoOFDECD'S EXCLUSIf)N TAXABLE
Nt1FAeE �on�oFmuaa=wnnACrAmwoerr�o�oFCRREUESrnse VAC4,lEOFAS$ET IMEREST �tsPUGae�E VAIUE
�� Aaseta held in Annamae L.
Rerahaer Aevocable Trust V/A
dated January 11, 2040 $1,675.24 iao.a000 0.00 41,675.25
The sole asset was the balaace
owed under an Ixietallmeat Salae
Agreement dated March 34, 1999,
between Richard T. Kershner and
Annamae L. Rerahner, hie wife,
as as Sellera, and Joha M.
Seroskie and Liaka X. Serosk3e,
his wife, as Purchasere,
recorded in the Cumberland
Caunty Recorder of Deeds 4ffice
iu Record Sook 648, Page 706,
in the principal sum of
$140,040, for the gurchaee of
426 Soath Enoia Drive, Sast
Pextnsboro Towaship, Cumberlassd
Caunty, PA.
By Asaigxuaent dated January 11,
2000, the intere�t ia this
Znatallmeat Salas Agra�sment was
divided inGa twa equal shsree,
one ahare to the Richard T.
Rershaer Revocable Trust dated
OlJ12j2Q40, aad the other share
to the Annamae L. Kershner
Revocabl� Trust dated
oi/i112aoo.
I
TOTAI{Aiso enter an 3ine 7,Reca�Itulati«i}$
._ _ 41,b75.29
Ii mora space is neadetl,use addflional sheets of paper o/the seme siza.
9W48nF 2.000
r ,
aev-i5�iex.flo-oe� g�HEDULE H
pennsylvania
oeanR�n�nroF Reveuue FUNEFiAL EXPENSES AND
wi+eairANCevixaeruRrv ADMINISTRATIVE COSTS
H�sioeNroeceoeNr
E5TATE OF FfLE NUMBER
_.A�nnamae L &ershner 4*DOaaell 21 13
DacedenPs debta must be reported qn Schedule I.
ITEM
NUMBER t�ESCRlPTION � AMWNT
A. FUNERALEXPENSES:
1 NOrie
I
B. ABMINISTRATIVE COSTS:
1. Personal Representetive Commissions:
Name(s)ot Persanal Rapresentative(s) , ,
Street Address__ _, r� _
c�ry _ siate_�z�P
Y�r{s}Canmission Paid:�
2. AUomeyPees: 2,06R.06
3. Family Exemption:(if dec9denfs address is not the same as Ciaimani's,attadi expianatiar.}
Claimant �„ __ _.
Street Address
City _ ' State ZIP
RelationshipotCiaimanttoDecedeni _
4. Probate Fees:
5. Acwuntant Faes:
6. Ta7c Return Preparer Fees:
7.
1 Cumbezland Ccuaty Register of wills
Filing fee for inheritance tax return {paid by
TYUSt) is.oa
TQTAL(Aiso enter on line 9,Recepituiation} $ 2,U15.00
swacwc z.000 It more space Is needed, use adtlitional sheets of paper of the seme size.
: i
RE"_,$"Ex"°,_,°, SCHEDULE J
pennsylvania
°tP���°F a�E"°E BENEFICIARIES
INHERITANCE TAX RETURN I
RESIDENTDEGEpEM
ESTATE OF: FILE NUM�ER:
Aan�_ Rershner p.'DOnnell __. 21 13 __
RElAT14NSNiP TO OECE�NT AMOUNT OR SHARE
NUMBER NAME AND ADDRESS OF PERSON(S)RECEIVING PROPERTY Do Not List Trustea(s) OF ESTATE
I TAXABLE DISTRIBUTIONS(indude wtrighf spousai disfnbutions antl tfensleB under
Sec.9116(a)(1.2).1
�, Liada K. Serqskie
10 San Juan Drive
Mecharnicsburg, PA 17055
Oae Half of Residue: 19,830.15 Daughter 19,830.15
2 Thomas R. Xershner
300 East High Street �
P2easaat Hill, OH 45359
One Half of Residue: 14,830.15 3on 19,534.15
ENTER DOLWR AMOUMS FOR p151RI8UilONS SHOWN ABOVE 6N LINES 15 THROUGH t 8 OF REV-i 500 COVER SHEET,AS APPROPRIAT'E.
(� hAah}TAXABLEDISTRIBUTIQNS
A.SPOUSAL DISTRIBUTIONS UNDER SEC71pN 9173 FOR WHICH AN ELECTION TO TA%IS NOT TAKEN:
1,
B.CHARIT'ABLE AND GCIVERNMENTAL DIS7RIBUTipNS:
i.
TOTAL OF PART II•ENTER 70TAL NON-TAXABLE DISTRIBUTIONS dN LINE 13 4F REV-150tl COVER SHEET._ 5 a•��
--- If more space is neetled,use adtlitional sheets ot paper of the samg size.
sw+sa�z.�o
�C}CA� RE�I�TRAR'S CERTIFIGATIC}N C}F [3EATH
WARNING: {t is iltegai tu dupiicate this eopy dy photostat or phqtograph.
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RBVOCABLE'I1iiJ8'I�At}RL�E�iT
. �ANt�tAl4tAE I..KP.IiB�it+TER RLVIK;ABL2�'Pftl�'P _.
TfIIS AGR13E1�N"C is made and enterecl fnto thls �dey af
V�!Nlttq��Zfl(!0�by ani!betweeax ANN.AMAE L.KBRSIfNER uf Cu�bai�td
Gou�t�'�Pet�nsyh+attta,as Sett3ar{the"Se##tu�"j,and ANNAMAE L.KEEtSI�R as Tc�ste�
. 1.ti{G�p�.
� � � wr�rx�ss$ac�:
� w�ilaR�A�, ti►e fi�tt� msy!� ae��ua �n t�a t�te�re od�e�e ar�i�e
m t�nd t�Eml ot t�rts4�t ptnparty fa�the hsxidt ott�e�!�#ee.
NC}W,1iiE3tEFi}RE,ior and�t a�s3derettat cd thefr rnutgsl cuwannnts and
protnis�,the Settk�r esnd Trttetee egtee es 4a�cr�v�:
�{�,r
��L�1.'�
§l.i 1'�e iSettlor� �r e�,y ot�ar PertY a'pereuaY� ra�'irorn ttme ta tl�e tna4cc
polic3es a[ fnaurezic�e on #he fiatt}ar'a Nie, inc�r3�unt t accaant benetits, at►t[tor
qualftied oa•non-quali(�d re#trement plan he�ie6te pn}ratzle ta the Ttugtee� or ma,y tra�►at�
assets to the Trustee, subject to the terms of this Agreement,by inter vivos grant or by Will.
The trust assets shall include the proceeds of a11 inaurance policies payable to the Trustee and
all auch other benefits or added assets (collectively the "Trust Assets"),which shall be held,
administered, distributed and governed by the Trustee, IN TRUST NEVERTHELESS, in .
accordance with the provisions of this instrument and any amendments hereto.
A�.�c�Two
DURING THE SE1Tt,OR's LtFETA�
� §2.1 During the Settlor's lifetime,the Trustee shall haue,hold,manage, invest
and reinvest the Trust Assets,collect the income,and
§2.1.1 The Trustee sha11 pay or apply the entire net
ineome as tlie Settlor may from time to time direct in writing. The
Trustee sha11 also pay to the Settlor such sums from or portions of
the principal of the trust as the Settlor may from time to time
request in writing delivered to the Trustee during the Settlor's
lifetime.
. §2.12 The Trustee shall pay and use such portion or all of
the income and principal of the Trust Assets as the Trustee,in the
Trustee's sole discretion,shall deem necessary from time to time
to provide for the proper maintenance,aupport,medical,hospital,
nursing or nursing home care of the Settlor and of the Settlor's
husband,RICHAR.D T.KERSHNER ("Settlor's Husband").
ARTICLE THREE
UPON Tf�SETTLOR'S DEATH
§3.1 Upon the death of the Settlor, the Trustee shall divide and distilbute the
balance of the Trust Assets as follows:
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§3.1.1 Tf the SetElor's Iinsband saivives the Settlar, the
Trustee shall retain Yn trust an amount equel to the value of the
� balaatce of the Trust Fissets(determined an the basis of the values
finallydetermine.ti#or federalestateEaatpurpases},rednc�edbyan
amaunE,if any,needed to increase the Settior's taacable estate so
that the federal estate tax as finally determined (excluding any
supplemeut�t federal estate taar imposed by Section 4960A{d}of
the lnternal Nevenue Code}, will equsl the 5ettlor'a appitcabie
credit and the state death tax credit(to the e�ent that the use oF
said eredit does not result in an increase in the state death taaces
otkerwise payable}available ag�:inst sueh tax, assumingthat an
election were made ta qualify all quallfiod terminable interest
property ineluding a,ny property passing under individual -
re�irement or quali#'ied benefits accounts either d(rectly or fn
trust, other than the trust provided for under Artiele Five of this
Agraement,for the federal estate tas marital deduetion wkethar
� or nat such electioq is actually made. This trust may be
� compased of cash,or partly of cash and parfly of praperty in kind,
sha11 be funflefl only with propertywhich qua�ifies for the federal
estate ta3c ma,rital deduation in the Settlor's estate,valuad at the
date pf distrlbution, and which, to the extent other property is
, available,sha11 not inelixde propertyforwhich�foreign death tax
credit is availabie. The E�ecntor of the Settiar's estate shall have
the z�ight ta make the election provldefl by Seetion
2056(b){?}{B)(v) of the Code, on the federai estate ta}t return
prepat�ed onbeha3f af the Seltlar"s estate tohave aportian ar all of
, the propertq distributed pursixant to this §3,1.1 treated as
quaLf{ied terminable inte��est pa�operty in order ta qualify sucl�
poi�tian oz°aJl of the propei�ty for the marital deduetian for federal
estate tax purposes, which election sha11 be binding a.nd
conclueive npan the Trustee. If the Settlor's Executor elects to
h�ve a portion or all of such�ssets sa qaa2ify,sueh eteeted assets
may,�t the discretion af the Trustee and so long a,s the election to
qualify such asseta for the federal estate tax marital deduction is
nat�eopardized, he he2d and adm3nistered by the Trustee as a
sepaa�ate trust estate with the balance,if any,of the assets which
aa•e goveined by this §8.1.1 also held and administered as a
segarate tr•ust estate ar� may be held anfl maintained by the
Trustee with the non-elected asscsts as one trust estate. In either
case, any such trust ar trusts shall be held, administered and
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disposed of in accordance with the proviaions of Article Four
hereof(the"Marital Trust").
§3.12 The Trustee shall retain in trust such of the Trust
Assets as shall not have been reta3ned pureuant to the preceding
§3.i.i, to be held, administered and disposed ofln accordance
wIth the provisions of Article PYve hereof(the"Applicable Credit
Trust").
ARTfCLE FoUR
• MARITAL TRUST .
§4.1 If the Settlor's Husband survives her,Trustee shall hold the Marital Trust in
a separate trust duringthe life of Settlor's Husband upon the followingterms and conditions:
§4.1.1 Trustee sha11 pay to, or apply for the benefit of,
Settlor's Husband the greater of (i) all the net income of this
Marital Trust in quarter�y or other convenient installments,but at
least annually, or (u) the minimum annual mandatory
distributions required by Proposed 14•easury Regulations
§1.401(a)(9)-1 and as may be required by final Regulations. The
datermination of the net income of the Marital Tivst shall be
. governed by applicabie state law; in no event shall any expense
charg�able to the principal of this Marital Trust be paid from the
income of the Trust.
§4.12 At any time and from tune to time,Trustee shall pay
to,or apply for the benefit of, Settlor's Huaband so much or all of
the principal as Trustee in its discretion, determine the amount
necessary or appropriate for Settlor's Husband's health,
maintenance and support. In addition, Settlor's Husband shall
have the absolute power to withdraw f��om the principal such
amount in any one calendar year,which asnount shall be up to the
greater of Five Thousand Dollax•s ($5,000)or five percent(5%) of
the aggregti,te value of the principal of the Trust at the time of
such withdrawal as he personally may,in writingto the Trustee,
demand. at any time and from time to time; this right of
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_ _ .
wlthdrawa2 shall not be cumulative and is subaect to the
. • prwisions of subparagraph 4.1.6 of this Articie F'our.
. §4.1.3 in na event and at nottme duringthe llfe of Settior"s
Husband shall firustee pay tp ar applq for the benefit of any
person(other than Settlor's Husband)anyportion of the principal
of this 2'rust.
§41.4 Natwithstandinganythingcontrarycontaineflinthis
14IariCal�ust,Settlor direefs that{a}in�tabiishing the Marital
Trust far her Husband under this Articie Four,there shafil not be
allocated thereto any property or the praceeds af any property
whieh daes not gualify for the maritat deduction ai2ow�b2e in .
determinfng the Federal estate tax on Setttar's estate, and (b)
Trustse shall, upon the written request of Settlor's Husband,
� promptiy dispose of any property whfeh may, at any time, be
unproductive or underproduetive of a reasonable income, and
invest the proceeds of auch disposition in property which is
prodrictive oF a reasonabie ineoma.
� §41.5 �f Settlar has any unused Generation Skipping
Transfer T�c("GST°) ea�emptfon at her fle�th,two {2} separate
P�Isrital Trusts shalt be estabHshed, as follows: Maritat Trust i
shall consist of that fractional interest of the balanes of this Trust
at Settlor's death as has (i} a numerator equal to that aanannt of
Settior's unused GST exemption existing at her death and (ii} a
, denominator equal to the value of the balance of this Trust at his
death;Marital'iYust 2 eha11 consist of the balance of this Trust.
Eaeh such separate Truat shall be haid, administered and
disti�ibuted in accordance with the same terms and provisions that
would haue app]ied if only one MaiitalTrumt hadbeen required to
have been established; provided, Bowever, �that all pr�rirsipal
distributions to Settlor's Husbanfl (inelixding,but not limitod to,
the exeess of the mandatory annual miniruum distz�ibutious under
Sectian 4F}1{a){9}af the Qode aver the eomb3nedineame of Marit�2
't`rust �. and Marital firust 2 for any ta,xable year) shall be paid
solelyfrom Marital Trust 2 until Marital Trust 2 is exhausted. The
�ecutors of Settlor's estate shatl direct the Trustees,inwcifing,
reg�rding the amount of Settior's unused GST exemption at his
death forthapurpose of establishingtheproperfracttonal share of
each Marital Ti�ust under this subparagraph 4.1.5.
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§42 Upon the death of Settlor's Husband,
§42.1 Trustee shall pay to the estate of Settlor's Husband
an amount, as directed by the Truetees, equal to the aum of(a)
any accrued but undistributed income as of the date of her death,
and(b)such sum or sams from the principal of this Trust(as may
be directed by subparagraph §4.1.0 of this Article Four as the
executor of Settlor's Husband's estate may request,in writing,for
any death taaces payable by reason of his death with respect to
property held under this Trust, other than such taxes as would,
under the provisions of Settlor's Last Will, be payable from any
source other than this Trust. "Death taaces", as used in this
subparagraph, sha11 include interest and penalties thereon.
§422 The Trustee shall notify the Truatee of the amount,
if any, payable by Trustee under subparagraph §42.1 of this
Article Four. For this purpose, the Trustee shall rely upon the
directions received from the executors of Settlor's Husband's
estate.
§42.3 Uponthe death of the survivor of the Settlor andthe
Settlor's Husband,the Trustee shall distribute the balance of the
Trust property ta the Settlor's then living issue,per stirpes,with
any share allocable to an issue benefioiary under the ag�of thirty
(30) years being held in continued trust for the benefit of such
beneficiaryin accordance with the provisions of Article Sixhereof
, (the"Issue's ZY�ust").
ARTICLE FiVE
APPLICABLE CREDIT TRUST
§5.i The Trustee shaA ha�e,hold,manag�,invest and reinvest the asaets of the
Applicable Credit Trust, collect the income and
§5.1.1 During the life of the Settlor's Husband, if he shall
survive her,the Trustee shall diatribute the net income in quarter-
annual installments, or more frequently if the Trustee deems it
advisable,to or for the benefit of the Settlor's Husband.
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§5.12 At anytime and fi•om time to time,Trustee shall pay
to,or apply for the benefit of, Settlor's Husband so much or all of
the principal as Trustee, in the nonspouse Co-Trustee's sole
discretion, determine the amount necessary or appropriate for
Settlor's Husband's health, maintenance and support. In
addition, Settlor's Husband shall haue the absolute power to
withdraw from the principal such amount in any one calendar
year,which amount shall be up to the greater of Five Thousand
Dollars($5,000)or five percent(5Mo)of the aggregate value of the
principal of the Trust at the time of such withdrawal as he
personally may,inwritingto the Trustee,demand at anytime and
from time to time;this right of withdrawal shall not be cumulative. •
§52 Upon the death of the survivor of the Settlor and the Settlor's Husband,
the Trustee shall distribute the balance of the Trust property to the Settlor's then living issue,
per stirpes,with any share allocable to an issue beneficiaay under the age of thirty(30)years
being held in continued trust for the benefit of sueh beneficiary in accordance with the
provisions of Article Six hereof(the"Issue's Trust").
ax,TTC�sn�
tssuE's�rxusr
§6.1 Any share created hereunder with respect to or distributable hereunder
to any issue of the Settlor shall be retained by the Trustee in continued trust for the benefit of
such beneficiary(the'Beneficiaiy"),in accordance with the followingprovisions of tlus Article
Six:
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§6.1.1 Upon the establishment of the Issue's Trust, a
Beneficiary who is thirty (30) years old or older may withdraw
such sums up to the market value of the said Beneficiar�s Trust
as constituted on its establishment.
§8.12 The Trustee shall haue,hold,manage,invest and
reinvest the assets of the Beneficia.ry's ZY�ust,collect the income
thereof andwhile the Beneficiary is under twenty-one(21)years
of age,shall apply to or for the benefit of the Beneficiary so much
of the net income and,if the net 9ncome is insufficient,so much of
the principal of the Iesue's Truat as the Truatee shall from time to
time deem necessaiy or proper for the Beneficiary's health,
maintenance, support and complete education, including •
prepaa�atory, colleg� and graduate education, and professional,
vocational or technical training, taking into account other
'auailable funds,including the Benefi¢iai�s assets. The Trustee
shall annually accumulate any net income not so distributed and
add the same to the principal of the trust property.
§6.1.3 After the Beneficiaryattains twenty-one(21)years
of age, the Trustee shall distribute to or for the benefit of the
Beneficiarythe net income of the Issue's Trust in quarter-annual
installments,or more frequently if the Trustee deems it advisable,
and so much of the principal as the Trustee shall from time to
time deem necessary or proper for the Benefieiary's health, '
maintenance, support and complete education, including collegt
. and graduate education,and professional,vooational or technical
training, and to assist the Beneficiary with reasonable wedding
e�enses, in the purchase of a prineipal residence or in the
establisl�ment of a profession or business considered a good risk
. by the Trustee, talcing into account other ava3lable funds,
including the Beneficiary's assets.
§6.1.4 At any time after attainuig the age of twenty-five
(25) years, a Beneficiary may wIthdraw such sums as do not
exceed one-half('/z)of the market value of the principal of his or
her share of the Issue's Trust as constituted on the Beneficiary's
twenty-fifth(25th)birthday.
§6.1.5 At any time aSter the Beneficiary attains the age of
thirty(30)years old,the Benefieiary may withdraw any or all of
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the then-remainuig balance of his or her share of the Issue's
Trust.
§6.1.6 If the Benefioiary dies before complete termination
of the Issue's Trust,the Trustee shall distribute the property then
held in trust as follows:
§6.1.6.1 If the Beneficiary's trust is a
Non-GST E�cempt Trust as defined in §82.16
herein, the Truetee shall distribute the property
then held in trust for the Beneficiary to such
persons or entities (including the Beneficiary's
estate), in such amounts and upon such terms,
trusts and conditions as the Beneficiary by his or
her last Will may appo�tnt by specific reference to
this general power of appointment. Any property
not so appointed shall be divldedinto sharesforthe
Beneficia,ry's issue then living, per stirpes, or if
none, for the than living issue of the marriag� of
the Settlor and the Settlor's Husband,per stirpes;
with any ahaa•e allocable to a Beneficituy under
thirty (30) years of aga being held in continued
trust in accordance wlth the provisions of this
Article Six.
§6.1.62 If the Beneficiary's trust is a
_ GST Exempt Trust as defined in§82.16 herein,the
Trustee shall distribute the property then held in
trust for the Beneficiasy to such of the issue of the
marriag�of the Settlor and the Settlor's Husband
other than the Beneficiary in such amounts and
upon such trusts, terms and conditions as the
Beneficiary by his or her Iast Will may appoint by
specific reference to this special power of
appointment. Before exercising such special
power of appointment,the Settlor requests that the
Beneficiaryseek counsel regardingthe generation
skippingtransfer tax effects of euch exercise. Any
property not so appointed shall be divided into
aharea for the Beneficiary's iasue then]iv3ng, per
stirpes, or if none, for the then livIng issue of the
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marznage af the Set#�ar and the Settlor's Husband,
per stirpes; with any share allocable to a
Beneficiary widex thn�ty (30) years of age being
heId in cantittued tzvst 3n accardance with the
provisions of this Article Six.
ARTICLE SEVEN
CONTINGENT DTST2IBUTIOAi
§7.1 if at anytfinefor distribntian herennder,none ofthe Settior`s issue isthen
liaing,the Trustee slxall clistrlbute sueh assets subject to d3stributfon one-half to the heu•s at law
af fhe Sattlor who ase 3iviz�at the time that tl�s gift vests and one-1�a1# to ti�e Granthsm
Brethren 3n Ghrist Cflureh af Grantham,Pennsyivania.
§7.2 The sha.re oi any persan who doas not suz*vive Settior shall]apse.
AHTICLE EIGHT
APPt}II�fI"ASEN'P(3F FSDUCIARIES
§8.1 Upon the death,resignation or uicapacity of the Settlor to act a�'I`rustee
hex�eunder as certified in writingbythe Settlor's then personal aCtending physician,the Settlor
appoints ths 8ettlor's Iiusband,RIGHAR.D T,KERSI�R,and Settlor's son,TI-IOMAS I3,.
KERSHNEER,and Settlor's flaughtei•,LTNDA I�.SEROST�E.
_ rp_
§82 The then income beneficiaries (or their natural or legal guardians)of all
trusts herein created may remove at aqy time any Trustee,other than the Settlor`s Husband,
with or without cause, by unanimous decision, without court approval, provided that such
beneficiaries byunanimous decision immediately appoint a successor corporate or individual
Trustee qualified to serve.
§8.3 The Co-`iYustees shall act bymajorityvote. Except for specific references
herein to the"Individual"or"Corporate"'tY�ustees, all references herein to the"Trustee"shall
mean the originally appointed Trustee,the Individual and/or Corporate Co-Trustee,as the case
may be.
ARTICLE NIIVE
POWERS OF FiDUCIAI?IES
. §9.i No fiduciaryunder this Agreement shall be required to give bond or other
security for the faithful pei�formance of the fiduciary's duties.
§92 Any such fiduciary sha11 haue the following powers,in addition to those
given by law:
§921 To invest in,accept a.nd retain any real or personal
property, including stock of a corporate fiduciary or its holding
company, without restriction to legal investments; provided,
however,if any property that forms a part of the principal of the
trust(s) established by Article Four of this Agreement is
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unproduetive, tlie Settlor's Husband may at any time and from
time to time by a written notice require the Trustee of said
trust(s)holdingsuch unproductive property either to make any or
all of such property produotive or to convert such property within
a reasonable time aSter the Trustee receives such notice;
§922 To sell,exchang�,partition or lease for any period
of time any real or personal property and to give options therefor
for cash or credit,with or without security;
§92.3 To bor��ow money from any person including any
fiduciary actinghereunder,and to mortgage or pledge any real or
personal property; •
§92.4 To hold shares of stock or other securities in
nominee registration form, 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;
§92.5 To make distributions in cash,or in kind at current
values, or pa.rtly in each, allocating specific asaets to particular
distributees on a non-pro rata basis, and for such purposes to
make reasonable determinations of current values;
§92.6 To terminate, following the death of the Settlor's
Husband an�trust created herein, the principal of which is or
becomes too small in the Truetee's diacretion to make the
establislunent or continuance of the trust advisable,and to make
immediate distribution of the then remainingtrust propertyto the
Ueneficiary then entItled to the income of the trust property or,if
there is more than one beneficiary, to the beneficiaries then
entitled to the income of the trust property,in proportion to their
respective interests therein or,if such interests are not defined,in
equal shares to such beneficiaries. The receipts and releases of
the distributees will terminate absolutely the rlght of all persons
who mig�t otherwise haue a future interest in the trust,whether
vested or conting�nt, without notice to them and wlthout the
necessity of filing an account in a�y court;
§92.7 If the Settlor's Eacecutor does not make an election
pursuant to Seetion 2056(b)(7)(B)(v) of the Code with respect to
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all of the assets held in tr�ust under.Ai�tiele Four hereof,the trust
estate thereunder maybe divided into separate trusts pursuant to
the terma of the election and such division ehall be based upon the
fair market value of the assets comprising the trust at the time of
the division;
§92.8 To allocate between the trusts established by
Articles Four and Five of this Agreement any property that is not
includible in the Settlor's estate for administration purposes,but
which is paid directly to the 'lt�ustee and is not otherwise
designated for a specific trust, in such shares as the Trustee
deems appropriate; provided, however, any portion of such
� property that does not foi�a part of the Settlor's gross estate for
federal estate t� purposes shall be allocated to the trust
established by Article Five of this Agreement and shall not be
used for•the payment of death taxes, debts or administration
eacpenses;
§92.9 To execute any agreement relating to the
. disposition or redemption of any business interest that may be a
part of the trust estate,whether the same involves a proprietary
interest, a partnership interest or stoek in a close�y held
corporation;
§92.10 To operate or arrange for the operation of any
business interest held hereunder, and to join or become a party
. to, or to oppose, any reorg'a.nization, readjustment, foreclosure,
merg�r, voting trust, dissolution, consolidation or exchange
relating to any such business interest;
§92.11 To engage in litigation and compromise,arbitrate
or abandon claims;
§92.12 To determine the apportionment of receipts and
expenses, including extraordinary cash dividends, stock
dividends, capital-gain dividends of regulated investment
companies andproceeds and expenses ofthe sale of unproductive
real estate,between income andprincipal,such apportionment to
be made so as to balance fairiy the interests of any income
benefioiaay and the rem�indermen;
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§92.13 To make elections, decisions, concessions and
� settlements in connectionwith all income,estate,inheritance,gift
or other tax returns and the payment of such taxes, without
obligation to adjust the distributive ehare of income or principal of
any pereon thereby affected;
§92.14 To merge,after the death of the Settlor, any trust .
created hereunder with any other trust or trusts created by the
Settlor or the Settlor's Husband,under will or deed,if tho terms of
any such trust are then substantially similar and are held for the
primary benefit of the same persons,and if such merg�r shall not
cause any adverse estate,income or generation skipping transfer
tax consequences; and •
§9215 The Settlor's Executor is authorizedto allocate any
of the Settlor's exemption from federal g�neration skipping
transfer taaf under§2631 of the Code to any property as to which
the Settlor is the deemed transferor under§2652(a) of the Code,
regardless of whether or not the property with respect to which
an election or alloca,tion is made is part of the Settlor's probate
estate. Any such election or allocation shall be bindingupon the
Trustee and an,y benefioiary of any trust created hereunder. The
Trustee is authorized to divide any ti�ust created hereunder into
two or more separ�te trusts if such separation,in the discretion of
the Trustee,is advantag�ous to such trust and the beneficiaries of
such trust for the purposes of application of the federal
_ generation skipping transfer taac; provided, however, that such
separated trusts shall be held, administered and disposed of in
accordance with the terms hereunder as identical trusts in all
other respects.
ARTICLE TEN
BUSINESS INPGRCSTS
§10.i In the event any business interest should be a Trust Asset,whether the
same involves a proprietaay interest, a partnerslup interest or stock in a closely-held
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corporation,either wholly owned,controlled by the Trustee or owned in substantial part by the
Trustee,the Trustee is authorized,subject to the terma of any agreement wluch the Settlor or
the Trustee may have made for the sale of such interest,to continue said business untll such
time as the Trustee shall deem it advisable to sell, liquidate or distribute the same in kind.
With respect to any sale or exchange of the stock of any such business interest and in the
absence of any such agreement entered into by the Settlor or the Trustee, the Trustee is
d'u•ected to consider and determine the appropriateness of a sale or redemption of such stock
in accordance with Section 303 of the Internal Revenue Code to the business entity and a
possible deferral of federal estate taac payments under Section 6166 of the Internal Revenue
Code. It is the Settlor's desire that, to the extent possible, any such business interest be
continued or disposed of only in an orderl,y manner so as to maadmize the proceeds of any
disposition. If an election under the foregoingprovisions will effect such desire,the Trustee is
encourag2d to pursue such election if it deems such election also to be in the best interests of
. the trust(s)created hereunder and the beneficiaries thereof. The'lY�ustee sha11 have all rights
and powers in connection with such business as an owner thereof, including specifically the
power at any time and from tune to time to operate or to join in the operation of the same as a
going concern, to form or to reform a general or limited partnership, to incorporate or to
reincorporate and to liquidate or to sell the same or any part thereof as the Trustee deems
advisable for the best interests of the trust(s)created hereunder and the beneficiaries thereof
wIthout the necessity of any order of coui�t and without any liability for loss resulting fi•om the
- IS -
operation of said business,axcept when such loss is the result of gross negligence or fraud on
the part of the Trustee.
ARTICLE EI.EVEN
DuTIGS AND R[GHTS WrrH RESPECT To PoLiclEs
§li.i TheSettlorandtheTrusteeshallhauethefollowingdutiesandrightswith
Fespect to all insurance policies payable to the Trustee (the'Polioies"): •
§ii.i.i The Trustee shall not be obligated to pay any
premiums or assessments on any of the Policies and shall be
under no obligation with respect to the Policies, except for
� safekeeping during the Settlor's lifetime and to the extent
� otherwiae expressly agreed to herein. .
§11.12 With reapect to any of the Policies, the Settlor
reserves to herself, during her ownershfp of said Policies and
during her lifetime, all rights, payments, dividends, surrender
values and benefits of any kind which may accrue on account of
any of tlie Policies,and the right at any time to assign,pledg�or
use said Polioies, or any of them, or to chang� the beneficiary
thereof to borrow money thereon,or for any purpose,without the
consent, approval or joinder of the `I4ustee or any beneficiary
hereunder. It is the intent of the Settlor, with reg`ard to said
Policies,that this instrument shall be operative onlywith respect
to the proceeds of such of the Policies as may be due and payable
to the Trustee at the time of the death of the Settlor or thereafter,
atter deduction of all charges ag�.inst the PoHcies by reason of
advances, loans,premiums, or otherwise; and the i�eceipt of the
Trustee for such proceeds shall release the insurance companies
from liability on the Policies.
§11.1.3 The Settlor agrees and directs that, upon her
death, the proceeds of a11 Policies which are then aubject to the
terms of tlris instrument shall be pe.id in accordance wlth the
directions then set foi�th in said PoHcies or the beneficiary
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designations then attached thereto. If the proceeds of said .
. � 1'olicies are payable to the 74vatee,the Trustee may institute any
proceeding at law or in equity in order to enforce the payment
thereof, and may do and perform any and a11 other aets and
things which may be necessary,for the purpose of collecting any
sums wluch may be due and payable under the terms of said
Pollcies;it being distinet�y understood,however,that the Tivstee
shall not,except at its option,enter into or maintain aqylitigation
to enforce the payment of said Policies until it shall have been
� guaranteed indemnification by one or more of the beneficiaries of
this instrument to its satisfaction against all expenses and
liabilities to which it may, in ita judgment, be subjected by any
such action. The Trustee is authorized to compromise and adjust •
claims ariaing out of the Policies,or any of them,upon such terms
and conditions as it may deem just, and the decision of the
Trustee sha11 be binding and conclusive upon all parties
interested therein.
ARTICLE TWELVE
PROV1sION FoR TaXES.DEaTS arm ExPENSEs
§12.1 The Trustee may pay any of the Settlor's legally enforceable debts, any
_ expenses of her last illness, funeral, burial and administrative e�enses of her estate and
estate taaces,inheritance taxes,tra.nsfer teaies and other taxes of a simllar nature payable by
reason of the Settlor's death to any government or subdivision thereof upon or with respect to
any property subjeet to any such tax, and any penalties thereon,or any portion thereof,in the
Trustee's sole discretion,without reimbw•sement,out of the prinoipal of that portion of Trust
Assets disposed of by of Article Five hereof.
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ARTICLE THH�ttTEEN '
REVOCABII.I19'
§13.1 TheSettlormay,byinstrumentinwritingdelfveredtotheTrustee,modify,
alter or revoke this instrument in whole or in part;provided,however,that the duties,powers,
compeneation and li�bility of the Trustee shaR not be chang2d without the written consent of
the Trustee.
ART[c�Fous�N
MISCELLANEOUS PROVISIONS
§14.'1 As used in this Agreement, the term "Code" shall mean the Internal
Revenue Code of 1986, as amended from time to time, or the coM•esponding provision of
subsequentlaw.
§142 If the Settlor's Husband and the Settlor die under such circumetances that
it is impossible to determine which survived, it sha11 be conclusively presumed and this
Agreement shall be construed as if the Settlor's Husband had survived the Settlor.
§14.3 Whenever a discretionary tlistribution of net income or principal is
permitted pursuant to any trust created hereunder,if such distribution may be made in whole
or in part to a person who is then a Trustee of such trust,sueh person may not pa,rticipate in
any way in the decision whether to make such distribution. No Trustee who is under a legal
- 18 -
obligation to support a beneficiary of a trust created hereunder shall participate in the exercise
of any diacretion granted to the Trustee of that tivet to distribute net income or principal in
discharge of that legal obligation. Furthermore, no Trustee shall enter into any reciprocal
arrang�ementwith anyother trustee for the purpose of indirectlyexercisingapower prohibited
hereunder.
� §14.4 Whenever the Trustee is directed to distribute property to or for the
benefit of any beneficiarywho is under(a)t��enty-one(21)years of ag�e,or(b)a legal disability
or otherwise suffers from an illness or mental or physical disability that would make
distribution directly to such beneficiary inappropriate (as determined in the Tiustee's sole
discretion exercised in goodfaith),the Trustee may distribute snch propertytothe personwho
has custody of such beneficiaay,may apply such property for the benefit of such beneficiary,
may distribute such property to a custodian for such beneficiary, whether then seiving or
. selected and appointed by the Trustee(including the Trustee),under any appllcable Uniform
Transfers to Minors Act or Uniform Gifts to Minors Act, may distribute such propei�ty to the
guardian of auch beneficiary's estate, may distribute such property directly to such
beneficias�s estate,or may distribute such property directly to such beneficiary(except if any
of the conditions hereinbefore described in (b) apply), without liability on the part of the
Trustee to see to the application of such property. This provision shall not in anyway operate
to suspend such beneficiary�s absolute ownership of such property or to prevent the absolute
vesting thereof in such beneficiaty.
- 19-
§14.5 �cept as otherwise may be provided in this Agreement, dw•ing the
continuance of any of the trusts created hereunder and thereafter until the property is
distributed to and received by any benefieiary hereun$er,the principal sums thus held in trust
for any beneficiary,respectively,and the income thereof shall not be subject to or liable for any
contracts, debts, engagements,liabilities or torts of such beneficiary now or hereafter made,
contracted, incurred or committed, but shall be absolutely free from the same, and such
beneficiary shall have no power to sell,assign or encumber all or any pai�t oF the principal sums
or such treneficiary's interest therein, reapectively, or the income thereof, or to anticipate the
income.
§14.6 An indivIdual fiducia.ry shall be entitled to reoeive reasonable
compensation for such fiduciary's services hereunder. A corporate fiduciary shall be entitled
to receive compensation for its services hereunder in accordance with its schedule in effect
. when the services are performed,but not in excess of such compensation as would be approved
by a court of competent jurisdiction.
§14.7 Notwithstanding any other provlsion of this Agreement, upon the
expiration of twenty-one(21)years after the death of the last survivor of the Settlor's Husband
and issue livuig at the Settlor's death,the trusts created hereunder shall forthwith terminate
and the trust property shall be distributed to the beneficiary then entitled to the income of the
trust property or,if there is more than one beneficiary,to the beneficiaries then entitled to the
-20-
�me oc tna t„t8t �erfy in �opo�tton to thefr t�nre �t►te�s tleer� �, u �sn
fnterests are not detf�ed,In equsl�ares to auch beatefldarles.
�14.8 'fhi�insh�unent and snytruat ca�eated herelu�der she}1 be�+ower�ed byt6e
lawa of Panns�r4va�ila s�td�hag have tt ettus in E:�mberla�td Coun�y�P�tu�qlwentn.
IN VV11Y1E63 WHBABAF�the SettEor and the 7Yvstee�e hereunte af{hced
. fhe�r hencta end eeals anNor caused thts#netrument ta be ci�y exeauted�the clate�nd y�c�
first wrttten above.
• VVYft�SfiS: S}i'1'I`l,OA:
_------..___ . (,/il/iKn�1���1�. t;�u�.�fp/�($�s�lL)
ANNAMAE I..�
Tftin"PF�E:
--- ,J.i K�P// �$AL)
._._.... ANNAMAE L.1 ER
-21 -
'PFIE ANNAMAE L.KERSHNER REVOCABLE TRUST
SCHEDULE A
WITNESS: S�,"iTLOR:
(SEAL)
ANNAMAE L.KERSHNER
TRUSTEE:
�s��
ANNAMAE L.KERSHNER
_22_
COMMONVVEALTH OF�YLVANIA )
COiFN'I7t OF' ��Vi2l�..t�r.� � ss:
�—
� � _l�'�i •
On th�s,the��ay of �)00.before me,a n�erY t����
antiersl��d ��, Pereo�rel�' Rppeared ANl�iAMAL I.. KER�E�€BR, krwvvm to m� (ar
eritLsfeoto�prmen)to be the pea�son whose ttafne fs s4rbeo�bed fo Ehe wl�th6►trt�ra�t,and
acknovvledg+ed ttrat Le eatecuted the ss�e for!Le paepoees iharehi oo�kalmed.
IN Wftt�&S iNF��I heree�nto eet my hae�ct an�ot�a}�1.
-� � �
Notery
MY �es:
(S�)
. t�''����,.
°�°� - I
�50�376 1 -23-
, ,
ASSIGIVMENT OF INSTALLMENT SALE AGREEMENT
FOR VALUE received the undersigned transfer, set over and assign all their right,
title and interest in and to a certain Instaliment Sale Agreement for R,ea1 Estate dated
March 30, 1999 by and between themselves as Sellers and JOHIV M. SEROSKIE AND
LIN17A K. SEROSKIE as Buyers ("Agreement of Sale") in two equal shares as follows:
One share to Richard T. Kershner, Trustee of the Richard T. Kershner
Revac�.ble Trust Agreement dated January S1,2d00, anfl
Qne share to Annamae L. Kershner, Trustee of the Annamae L. Kershner
Revocable Trust Agreement dated danuary 11, 2000
Executed this ff flay of tla h u4 r� , 2000.
/
Witness:
_
f..
/�,,. �
,. ��:��'�.? ��.
_ _-- .-
Riehard T. Kershner
���-�---�__ �,/_KL�2'71�e� �O�i��ro,�.�
--�1-Y� Annamae L. Kershner
21030E 1
_ �
, _ __ . _ . � . _. _ _ _ _
� 155 $837.59 $404.38 $43321 $86 238.41 194 $837 59 $491 21 $346 39 $68 785.92
_.�_. _ _..,_ �._._ ---- __�
� 156 $837.59 $406.40 $431.19 `$85,832.01 195 $837 59 $493 66 $343 93 $68,292.26
__ _. _:_ _ .. ._ . __ _ .�- --.._.__. ,
� 157 $837.59 $408.43 $429.16 $85,423.58 196 $837.59 $496.13 $34t.46 $67,796.13;
i __ _ ._ ._._._____ ......_.__ _-___ ,_
� 158 $837.59 $410,47 $427.12 !$85,013.10 197 $837.59 $498.61 $338.98 $67,297.52',
. . � --------- .---.�._ _ �,.� .
i 159 $837.59 $412.53 $425.07 $84,600.57 '�; 198 $837.59 $501.10 $336.49 $66,796.41 !
_. ._ _ _ _� . __ . _ __ <_
� 160 $837.59 $414.59 $423.00 ' `$84 185.99 199 $837.59 $503.61 $333.98 $66,292.80',
_. . .. ._ __
161 $837.59 $416.66 $420.93 $83,769.32 200 $837.59 $508.13 $331.46 $65,786.68',
� ..... . ._.� .+.�._. . .. ..�.� .F.�. n�-....- . .._ .:... . . . ...___ .:_ _... ..
162 $837 59 $418 75 $41 B 85 $8�350:58 � 201 $837 59 $508.66 $328.93 $65,278.02
_ ___ __... . .
163 $837.59 $420.84 $416.75 $82,929.74 202 $837.59 $51L20 $326.39 $64,766 82',.
� __ _ ..� ._._ __ _.__ .�� _�._ ._
164 $837.59 $422.94 $414.65 $82,508.80� 203 $837.59 $51376 $323.83 $64,253.06;
, __ . _ _ _. , _....
! 165 $537.59 $425.06 $412.53 $82,08174� 204 $837:59 $516.33 $32127 $63 73673
_ _ ._._ _ __ . , _,- k _. ___ _--_. _ _ _ ,
� 166 $837.59 $427.18 $410 41 $81,654.56 205 $837.59 $518.91 $318.68 $63,217.82 ,
v _ . ___ __...___ �, __.
167 $837 59 $429.32 $408.27 $S1 225.24 206 $837.59 $521.50 $316.09 $62 696.32
_ _ _ _. - ._. �. ____�..i
; 168 $837.59 $431.47 $406.13 $80,793.77, 207 $837 59 $524 11 $313.48 $62 172.21
_. _... _. .
; 169 $837.59 $433.62 $403.97 $80 360.15 i 208 $837.59 $526.73 $310.$6 $61,645 48
170 $837.59 $43579 $401.80 $79,924:36 i ; 209 $837.59 '$529.36 $308 23 $61,116.12: '°
171 $837.59 $437.97 $399.62 $79,486.391 -; 210 $837.59 $532.01 . $305.58 $60,5$4.10, '
_ .
', 172 $837.59 $440.16 $397.43 $79,046.23� 211 $837.59 $534.67 $302.92 $60 049.43
, .,_ _ _ _ , , ___
173 $837.59 $442.36 $395.23 $78,603.87� 212 $837.59 $537.34 $300.25 $59,512.09,
� .. . _._--- -- -----_ �_.__-
174 $837.59 $444:57 $393.02 $78,159.29 ; 213 $837.59 $540.03 $297 56 $58,972.06! _
� __ _ _ __ ._ __.__ _ __ _.._.._ .. _----- --
175 $837.59 $446.80 $390.80 $77,712.50 i 214 $837.59 $542.73 $294.86 $58,429.33 '
_ - _�_ _�a� _ _ .. -�
� 176 $837.59 $449.03 $388.56 $77,263.47 ' 215 $837.59 $545,AS_..$292.15. $5Z.883.88'
_
� __.. . _.� -___ �. .___��.__ ._ _; ��. _ _ .-._ . ..
177 $837.59 $451.27 $386.32 $76,812.19 � ' 21B $837.59 $548:W7 $289.42 $57,335.71I
__ ,__ w �_ ___.,, - --- _ _
178 $837 59 $453 53 $384 06 $76 358.66 217 $837 59 $550.91 $286.68 $56,784 SO
_ _ __ ____ _ .�__._.._ � _ _ _
179 $837 59 $455 80 $381 79 $75 902.87 218 $837.59 $553.67 $283.92 $56,231.13
-- ---- - _.� ��._a .
! 180 $837.59 $458.08 $379.51 `'$75,44479� 219 $837.59 $556 44 $281 16 $55,674 69
; 181 $837.59 $460.37 $377.22 $74,984.42� 220 $837.59 $559.22. $278.37 $55,115.47
_ _ __
; 182 $837 59 $462.67 $374.92 $74,521.75 i 221 $837.59 $562.01 $275.58 $54,553.46
�� ... , __ _ ww. .
183 $837 59 $464 98 $372.61 $74 056.77) 222 $837.59 $564.82 $272.77 $53,988.63
- -- _ _ _ � _.. . �
184 $837.59 $467.31 $370.28 $73,589.46 i 223 $837.59 $567.65 $269.94 $53 420.99
_ _ i . .. _ . . _ _-- _ _ _
185 $837.59 $469 64 $367 95 $73 119.81 � 224 $837 59 $570.49 $267.10 $52,850.50
_ _ _. __._._- - . , _ _
' 186 $837.59 $471.99 $365 60 $72 647,82 a 225 $837.59 $573.34 $264.25 $52,277.16
_. _ _.___ _ ._ � ___:._-�_ .
187 $837 59 $474 35 $363 24 $72,173.47� i 226 $837.59 $576.21 $261.39 $51,700.95'
- _._ _..__ _m �_,._ _wW_ 4 _ _
188 $837.59 $47672 $360.87 ` $71,696:74� ; 227 $837.59 $579.09 $258.50 $51,121.87 '
� _ _
I 189 $837.59 $479.11 $358.48 $71,217.64) 228 $837 59 $581 98 $255 61 $50 539.88,
. _. �.._�����.,.... _....�, ..., ._.._�__ _�._..nm_� _
190 $S37 59 $481.50 $356.09 $70 736.13� ', p2g $g37 59 $584 89 $252.70 $49 954.99
__ . , .. __ � ,,
191 $837.59 $483.91 $35368 $70,252.22� 230 $837.59 $587.82 $24977 $49,36717'
_� _ _ _ .
192 $837.59 $486.33 $351.26 $69,765 89) � 231 $837.59 $59076 $246.84 $48,776.42'
, _ __
193 $837.59 $488.76 $348 83 $69,277.13� i 232 $837.59 $593.71 $243.88 $48,18271 I
�ETTE� EVAATB �W4L1I}SIDE
A PROFE86IONAI.CORPOFATION
ATmoluv�s am x.,iw
8407 NORTR FR6NT 9't'E�L't'
JP,FFREY A.ERNICO r•o.soX ses0
IXAIaiTSSL7RO,PA 17110-09so �{AIL ADDftESS
DIftECC L7IAL [RS NO. J82LTlICO�I1lCtTC.COI11
(717}231-5206 aa-iassoos
TELPSPx6NE PAs
f71z)E32-SOOO (41?)236�1816
H'DTP•JJ W iY{V.METTS.COM
��y 9, aols
VIA CERTIFIFD MAIL
RETURN RECEIPT REOUESTEB
Glenda Farner Strasbaugh
Cumberland Caunty Register of Wills
One Courthause Square
Carlisle, PA 17013
Re: Annamae L. Kershner(l'Donnetl, deceased
Bear Ms. Strasbaugh:
Enclosed are the following:
1. The original and one copy of a Pennsylvania lnheritance Taar Return for the
above-referenced Decedent, who died on November I, 2012, a resident of Cumberland County.
The tax return is being filed by the Trustees of the Decedent's Revacable Trust. We do not
believe a I,ast Will and Testament has been probated for the Decedent nor has any estate
proceeding been initiated to date in your offce. Please note that a photocopy of the Decedent's
death certiticate has been attached for your use as the first page follawing the schedules of the
R�,V-1544.
2. A check payable to your office in the arnount of$i,784.71 in payment of the
Inheritance Ta�c owed by the Trust;
3 A check payable ta yaur office in the amaunt of$15.00 in payment of yaur filing
fee for the taac return; and
4. A self-addressed,postage prepaid envelope for return mail.
May 9, 2013
Page 2
Please file the original Inheritance T�Return. Please J'orward a copy of the Inheritance
Tax Return to the Pennsylvania Department of Revenue. Please return a date-staznped copy of
the caver page af the tax raturn to my attentian in ihe eaclasad envelope, alang with your
receipts for the Inheritance Ta�c payrnent and the filing fee.
Piease da nat hesitate to cail with any questians, Thank yau for yaur assistance.
Very truly ours,
����Jf.� `}ct.l �'Y\b�%�
JC1
l
Lisa J. Kn de
Pazalegal to.Teffrey A. Ernico
L7K:
Enciosures
cc: Linda K. Seroskie, Co-Trustee
Thomas R. Kershner, Co-Trustee
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