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HomeMy WebLinkAbout06-25-13 (2) . � � REV-1 S00�"�07�10� 1505610143 OFFICIAL USE ONLY PA Departrnent of Revenue pennsylvania �„My�, �„r Fik Number Bureau of Individual Taxes �^�^^�^�E PO BOX280601 INHERITANCE TAX RETURN 2 1 12 0 7 3 8 Hartisburg,PA 17128-0601 RESIDENT DECEDENT ENTER DECEDENT INFORMATpN BELOW Social Security Number Date of DeaM Date of Birth O5 22 2012 02 17 1945 DecedenPs Last Name Suffix DecedenPs First Name MI LYR8N3 LEONARD M (M Applicabk)Ente�SurviWng Spouw's Infom�atlon Below Spouse's Last Name Suffix Spouse's First Name MI Spouse's Social Security Number THIS RETURN MUST BE FILED IN OUPLICATE WITN THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW � 1. Oripinal Rewm ❑ 2. Supplemenfal Retum � 3.�aintler Relum(tlale of deaM prbrto 12-13-82) � 4. Limited Estate � qe,Fuwre Interast Compmmiae � 5. FeOeral Estate Taz ReNm Requlred (date M Oeath aNer 12-11-02) � g Dacedent OieA 7estate � 7. Decxknt MeintaneE a LINrq 7niet 8. To�al Number oi Safe Deposll Boxes �nnacn coPV ot woq (nnem caov d nust) � 9. Li6gatlon Proceetls Received � �0.Spousel�aeen}aeta M aeeth � 7�,Ebction W ffic under Sec.9173(A) behvesn�z3� �ena -�es) (Atlath Sch.O) CORRESPONDENT-THIS SECTION MUST BE COMPLETED.ALL CORRESPONDENCE AND CONFIDENTIAI TAX INFORMATIO I�SNOULD BE DIRECTED TO: Name Da�ms TeNphor�lumFj�m ROBERT G RADSSACH 7YJ_�396 2�66� n 0 � �o c — � R��WN.LS U�mRLY � Zm cn a ° Ftrac ito.a aaaress z u= x � ° --°n 912 NORTH RIVBR ROAD � o -cn � z� � o � � r rn Seeond Ilne M addreas � � � � T )► tJ7 DATE FILED Cky or Poat Offlee State ZIP Code HALIFAX PA 17032 Conssponde�k'ssmalladdress: �111SSySW8�tZ51�801.COm UnEer pena pe u I tlsdere tMt I have axaml Is relum,InGudinp accompanylrp schedubs and stabmems,and to the best oF my k and betbf, k is bue, pbM. of than the pereonal represenmtive is Desetl on ail Informetlon of whkh preps has any k SIGNA ONRES F FILING �A7E Francia A Zulli 2 F EI , Mlddletown, PA 17057 51 ER REPRESENTATNE pp RobeR G Radebach 7j n s 912 North River Road, Halifaz, PA 17032 Side 1 L 1505610143 1505610143 J �� � 1505610243 REV-1500 EX DecetlenPs Social Securiry Number o�a.msn.me: LYKENS, LEONARD M. RECMRUlAT10N 1. Real Estate(Schedule A).......................................................................................... 1. 1 1 5 . 4 9 5 . 2 6 2. SMCks and Bonds(Schedule B)............................................................................... 2. 3 S 3 . 0 9 9 . 9 0 3. Closely Held Corporetlon,Partnership or Sole-Proprietorship(Schedule C).......... 3. 4. Mor�ages&Notes Receivable(Scl�edule D).......................................................... 4. 5. Cash,Bank Deposifs&Miscellaneous Personal Property(Scl�edule E)................ 5. 2 4 7 , 6 8 0 . 3 0 6. Jointly Owned Property(Schedule F) ❑ Separate BIIIing Requeffied............. 6. 7. Inter-Yvos Transfers&Miscellaneous Non-Probate Property (Schedule G) � Separete Billing Requested............. 7. 8. Total Groas AsseM(total Lines 1-7)....................................................................... 8. 7 4 6 . 2 7 5 . 4 6 9. Funera�Expenses 8 Administretive Costs(Schedule H)......................................... 9. 6 1 . 4 8 7 . 3 0 10. Debts of Decedent,Mortgage Liabilities,&Liens(Schedule I)................................ 10. 3 1 , 3 6 7 . 8 0 11. Total Deductlons(total Lines 9 8 10)...................................................................... 1 t. 9 Z . 8 5$ . 1 0 12. Nat Value oi Esfab(Line 8 minus Line 11)............................................................. 12. 6 5 3 . 4 2 0 . 3 6 13. Charitable and GovemmeMal Bequests/Sec 8113 Trus4s for which an election to tax has not been made(Schedule J)................................................. 13. 14. Net Valw Subjaet to Tax(Line 12 minus Line 13)................................................. 14. 6 5 3 . 4 2 0 . 3 6 TAX COMPUTATbN•SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 ta�ble at the spousai tax rate,or transfers under Sec.9116 (a)(12)X.00 15. 16. Amount of line 14 taxable at lineal rate X .045 16• 17. Amount of line 14 taxable atsiblingrateX .�p »• 18. Amount of Line 14 taxable at collaterel rate X .15 6 5 3 , 4 2 0 . 3 6 �e� 9 8 , 0 13 . 0 5 �s. ra:o�e..................................................................................................................... �s. 9 8 , 0 13 . 0 5 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. � Side 2 L 1505610243 1505630243 � REV-1500 EX Page 3 Fik Number 21 - 1 2 - 0738 DecedenYs Complete Address: Lykens, Leonard M. STREETADDRESS 508 Park Avenue CITY STATE ZIP New Cumberland PA 17070 Tax Payments and Credlts: 1. TaxDue(Page2,Line19) (t) 98,073.05 2. CrediWPayments � A. priarPayments 95,���.00 B. Discount 4,900.65 TotalCredits(A +a) (2) 99,900.65 3. Interest (3) 0.00 4. If line 2 is gr�ter Man Line 1 +Line 3,enter the di%rence. This is tl�e OVERPAYMEN7. (4) 1,S 87.60 Cheek box on Page 2 Line 20 to roqusst a refund 5. If Line 1 +Line 3 is greater than Line 2,enter the difference. This is tlie TA7(DUE. �5) 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. refein ttie use or income of the ProPenY transterred:.................................................................................. � b. retain the right lo designate who shall use the property transferted or its income:.................................... �x c. retain a reversionary interest:or.................................................................................................................. � d. receive the promlae for Iife of eith�payments,benefits or care7.............................................................. ❑ ❑x 2. If death occurred after December 12, 1982,did decedent trensfer property within one year of deaM without receiving adequate consideration?....................................................................................................................... ❑ ❑X 3. Did decedent own an"in trust for° or payable upon death bank account or security at his or her deaM?......... � x0 4. Did decedent own an Individual Retirement Account,annuity,or other non-probate property which confains a benefidary designation?...................................................................................................................... ❑ ❑x IF THE ANSWER TO/WY OF THE ABOVE QUESTIONS IS YES,YOU MUST COMPLETE SCHEDULE G AND FILE R AS PART OF THE RETURN. For dates of deeCi on or after July 1,1994 and before Jan.1,t995,Me tax rate imposed on Me net value of transfers M or for the use of the surviving spouse is 3 perce�t(72 P.S.§9118(a)(1.1)(i)�. For dat�of death on or aNer January 1,1995,Me tax rate imposed on the net value of Uanafers M or for the use of Me surviving spouse is 0 percent [72 P.S.§9116(a)(1.1) ii)]. The stedrte does rrot exempt a transfer to a surviving spouse from tax,and the statutory requiremenls for disGOSUre of assats and filing a tax re m are still appliceble even if the surviving spouse is the only beneficiary. For dates of deaM on or after July 1,2000: •The tax rate imposed on the net value of transfers from a deceased child 21y�rs of age or younger at d�th M or for the use of a natural parent,an adoptive parent,or a stepparent M Me child is 0 percent[!2 P.S.§9116(a)(1.2)]. •The fax rate imposed on the net velue of Vansfers to or for ihe use of tl�e decedent's lineal beneficiaries is 4.5 percant,except as noted in 72 P.S.§9116 12)[72 P.S.§9116(a)(1)]. •The tax rate imposed on the net value of transfers to or for the use of the decedenPs siblings is 12 percent[72 P.S. 9116 a)(1.3). A sibling is deNned under Secdon 9102,as an individual who has at least one parent in common wiM the decedent, ether y bl or adopNon. � SCHEDULE A Cp.YONWEALTHOFPENNeYLVANN REAL ESTATE NHERRANLETNlRET11RN REBIUENT OECFDENT FILE NUMBER ESTATE OF Lykens, Leonard M. 21 - �2-0�38 All roal propeRy owned solely or as a tenant in common must be rcportsd at falr market value. Fair market value is defined as the price al which properly would be exGianged behveen a willing buyer and a wil6ng seller,neither being compelled to buy or sell,both having reasonable knowledge of the relevant facts. Real property which is JolMly-owned wlth rlght of survlvonhip must be dlsolossd on schedule F. Attach a copy of tlie seltlement sheat'rf the property has been sold. InGude a copy of fhe deed showing decedenfs interest ff owned as tenant in common. NUM ER DESCRIPTION VALU DEATHTE OF 1 Real Estate- 508 Park Avenue, New Cumberland, PA 17070-Tax Parcel#26-024-0811-183 115,000.00 2 School Tax Proration from HUD 481.97 3 Refuse Proration from HUD 13.29 TOTAL(NSO enter on Line 1,ReeapitulMion) 115,495.26 � SCHEDULE B cow�or�wruTM or veHHanvu+w STOCKS 8 BONDS WHERIfAIlCET/J(RETURN RESOENTDECEDENT FILE NUMBER ESTATE OF Lykens, Leonard M. 21 - 12-0738 NI propertyjointly-owned with rlgM of survWOnhip muat be diselosed on Scheduk F. NUMBER DESCRIPTION UNIT VALUE VALUEDA�T DHTE OF 1 Wal-Mart Stores, Inc. 722647 259,943.05 2 Ford Motor Company 9.59 9,471.50 3 The Hershey Company 72.86 58,184.82 4 U.S. Savings Bond Series EE 17,593.96 5 Ford Motor Credit- Note# 139339 10,017.83 6 Ford Motor Credit-Note#65237 5,016.87 7 LPL Financial Brokerage Account 22,871.87 TOTAL(Alao enter on Ilne 2,Reeapitulatlon) 383,099.80 � SCHEDULE E CASH, BANK DEPOSITS, 8 MISC. COMMJNWEi1LTHOFPENNBYLVMIW PERSONAL PROPERTY NHERRNICE TGX flENNN REBDENTUECE�EM FILE NUMBER ESTATE OF Lykens, Leonard M. 2� - �2-o73a Include tFie oroceeds of Ikigation and the date the proceeds were received by the estate.All property Jointly-ownad with the right of survivonhfp must be dlsclossd on sohedule F. NUM ER DESCRIPTION VALU DEATHTE OF 1 1994 Chevrolet Caprice 2,000.00 2 1988 Lincoln Town Car 1,500.00 3 Coins 1,050.00 4 Cash 62.83 5 Piano 970.00 6 Personal Household Furniture 1,373.13 7 AAA Insurance-Premium Refund 262.76 8 IRS Tax Refund 76.00 9 Avalon Insurance Company- Refund 117.80 10 Liberty Mutual Insurance Company-Refund 268.33 11 PA Central Credit Union- IRA 22,350.59 12 PA Department of Revenue- Rebate 750.00 13 Cash 669.00 14 M&T Bank Checking Account-#9852321919 15,126.47 15 Citizens Bank Circle Gold Account 607 974.49 16 PNC Bank Checking Account-#514007846 29,608.02 TOTAL(Also enter on Llne 5,Reupitulation) 247,680.30 � SCHEDULE E CASH, BANK DEPOSITS, & MISC. CW.qHWFAITHOFPENN8VLVINN PERSONAL PROPERTY MHEAR�NCETN[NETUNN flE81DENT0ECEOENT continued FILE NUMBER ESTATE OF Lykens, Leonard M. 2� - �2-o73a Include the proceeds of litigalion and the date the proceeds were received by the estate.All propertyjolnGy-owned with the right of survivorsh(p must be disclosed on schadule F. ITEM DESCRIPTION VALUE AT DATE OF NUMBER DEATH 17 PA Central Credit Union-Savings Account 121,493.74 18 Sovereign Bank-CD 49,027.14 Page 2 of Schedule E � SCF�U.E H FUWERALD�BVSESB ca.w�wwu�ni oc aeHHmvu�w ������ NNERRNILE T/Jt NENRN REBUENTDECEpENT FILE NUMBER ESTATE OF Lykens, Leonard M. 21 - 12-0738 Debts of decedant must be reported on Schedule I. ITEM DESCRIPTION AMOUNT NUMBER FUNERALEXPENSES: A. 1 Parthemore Funeral Home 8,C�08•U2 8. ADMINiSTRATIVE COSTS: t. Personal RepreaentaNve's Commissions Name of Personal Repreaentative(s) Francis A. Zulli 35,000.00 streeinddress 231 Fiddlers Elbow Road Ciry Middletown state PA zip 17057 Year(s)Commission paid z. nnomeys Fees Robert G. Radebach, Esquire 16,000.00 3. Family Exemption: (If decedanPs address is not the same as deimanPs,attach explanatlon) Claimant Street Addresa City State Zip Relatlonship of Claimant to Decedent a. Pronate Fees Fee to Open Estate- Register of W ills 377.50 Additional Probate Fee- Register of W ills 100.00 5. Accountant's Fees 8. Tax Retum Preparer's Fees 7. Other Adminishative Costs 1 Non-Subscribing W itness Fee-John R. Murray 25.00 TOTAL(Also eMer on Ilne 9,Recapltulffilon) 61,487.30 � Sci�edtie H coraMOwweun�oF Pera�sr�vnrnn �y,�Flyl1B1��{,�E/7Q��JBy11B�BB y& ,,�.� INHERRANCETN(ftET1RN /y'�wp��ZyyQy{�ppy1�q��{q{/ RESIOENT DECEDENT ESTATE OF Lykens, Leonard M. FILE NUMBER 21 - 12-0738 2 Non-Subscribing W itness Fee-Constance Murray 25.00 3 Short Cert�cates Fee-Register of Wills 20.00 4 Advertising Fee-The Sentinel 210.78 5 Advertising Fee-Cumberland Law Journal 75.00 6 Power of Attorney Fees- Francis A. Zulli 1,000.00 7 Short Certificates Fee- Register of W ills 16.00 8 Filing Fee fOr Inheritance Tax Return-Register of Wills 15.00 9 Filing Fee for Inventory- Register of W ills 15.00 Page 2 of Schedule H � SCHEDULEI DEBTS OF DECEDENT, MORTGAGE COMMONWEALIHOFGENN9YLVRNW LIABILITIES 8 LIENS WMERRANCE T/�(flETUHN � RE80ENTDECEOENT FILE NUMBER ESTATE OF Lykens, Leonard M. 21 - 12-0�38 Report debts incurred by the decedeM prior to death that remained unpaid at the dale of death, including unreimbursed medical e�cpenses. ITEM DESCRIPTION AMOUNT NUMBER 1 County-Township Taues- proration from HUD-Paid at Closing 160.28 2 Final Sewer&Trash - New Cumberland Borough-Paid at Closing on HUD 50.24 3 Tax Certificate Fee from Closing of Property 10.00 4 Transfer Taxes from Closing of Property 1,150.00 5 Finders Fee for Sale of Real Estate- Francis A. Zulli 3,000.00 6 Appraisal Fee for Home-Mark Heckman Real Estate Appraisers 400.00 7 Robin Gasperetti, Tax Collector-School Taxes 1,411.97 8 Verizon Phone Bill 13.87 9 New Cumberland Borough -Trash/Sewer 398.76 10 PA American Water-Water Billings 162.43 11 Mike Hatanbanke-Pest Treatment 124.58 12 P.P.L- Electric Utility Billings 294•91 13 Liberty Mutual Auto Insurance 152.45 14 Penn Waste-6 Dumpster Loads 2,244.14 15 Leffler Oil - Heating Oil �.�8•� 16 Charles Faust-Coin Appraisal 40.00 TOTAI(Alao enter on Line 70, RecapltulaUon) 31,367.80 � SCHEDU�EI DEBTS OF DECEDENT, MORTGAGE . LOM.pNWFALTIOFPENNBttV�NM LIABILITIES, 8 LIENS MHERR�NCETNtRETURN RE8IDENT pECEDENT conti nued FILE NUMBER ESTATE OF Lykens, Leonard M. 2t - �2-o73s Report debts incurred by the decedent prior to death that remained unpaid at the date of death, including unreimbursed medical expenses. ITEM DESCRIPTION AMOUNT NUMBER 17 James Grossman-Lawn Maintenance 520.00 1 S Kreaser Salvage-Battery 65.00 19 PennDOT-Vehicle Registration 36.00 20 Safety Auto-W indshield 124.36 21 McNelis Maintenance-Gutter Cleaning 75.00 22 PennDOT -Auto Registration 36.00 23 Patrick Grant-Car Detailing 325.00 24 West Shore EMS-Ambulance 997.66 25 Home Depot- Repairs for Home and Supplies 4,454.89 26 Leffler Energy- Repairs to Furnace ��•89 27 Brian T. Velez-Contractor-Work Done on Home 5,178.30 28 Nick Zulli-Tree Removal 250.00 29 Paul Johnson -Towing Car 55.00 30 Frank Zulli-Reimbursement for Gasoline 68.30 31 PA Department of Revenue-2012 Taxes 259.00 32 Brian T.Velez-Contractor-Work Done on Home 7,084.23 Page 2 of Schedule I REV-151IE%t�11-0B) � SCHEDULE J COMI.qNWERLTM OF PENNSVLVANIA BENEFICIARIES INNERITANCE TA%RETURN RESIDENT DECEOENT ESTATE OP FILE NUMBER Lykens, Leonard M. 2� - �z-0738 RELATIONSHIP TO SHARE OF ESTATE AMOUNT OF ESTATE NUMBER NAME AND ADDRESS OF PERSON(S) DECEDENT (Words) ($$$) RECEIVING PROPERTY oo wa ua r�usay.) I� TAXABLE DISTRIBUTIONS pnGude ouMght spousal disWbutions,and transfers under Sec.9116(a)(1.2)] 1 Saundra L. Reineman Friend 50% residual estate 330 Center Street Chambersburg, PA 17201 2 Francis A.Zulli Friend 50% residual estate 231 Fiddlers Elbow Road Middletown, PA 17057 Enter dollar amounls for distributions shown above on linea 15 Nrough 18 on Rev 1500 cover sheet,as approprlate. II. NON-TAXABLE DISTRIBUTIONS: A SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR W HICH AN ELECTION TO TAX IS NOT TAKEN B.CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART II-ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET O.00