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HomeMy WebLinkAbout07-02-13 1505610105 REV-1500 EX(o2-u)(F)p qtr nlvanta OFFICIAL USE ONLY PA Department of Revenue P ensyll m Y County Code Year File Number Bureau oflndividual.Taxes INHERITANCE TAX RETURN PO BOX 28obo1 I 1 Harrisburg 6 17128-0601 RESIDENT DECEDENT I (59 Y 0 ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death MMDDYYYY Date of Birth MMDDYYYY 09/21/2012 05/17/1922 Decedent's Last Name Suffix Decedent's First Name MI Atkinson E-7 I Roy _ __ _ _ C❑ (If Applicable)Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI Atkinson [Patricia Spouse's Social Security Number u THIS RETURN MUST BE FILED IN DUPLICATE WITH THE 170-18-9185 REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW Gill 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 S. Federal Estate Tax Return Required death after 12-12-82) m 6.Decedent Died Testate O 7. Decedent Maintained a Living Trust 0 S. 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 1-1-96) (Attach Schedule O) CORRESPONDENT- THIS SECTION MUST BE COMPLETED.ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytim elephone Number Taylor P Andrews, Esq (717}2430123 m � ------ c_— >,-p krGISiEB".OF WILLS USt Ol A 70 r-- ; Tl IFTI CJ First Line of Address r C, S. C� G�, GJ C _ c}' Second Line of Address �T_-- — ----_ ( M O of> O --- — _ � — --� DATEWED � City or Post Office State ZIP Code Carlisle _ _ PA Correspondent's e-mail address: t andrews a.ne__ Under penalties of perjury,I declare that I have exa ed is re including accompanying schedules and statements,and to the best of my knowledge and belief, R is We,correct and m ete.Declaration of pre rer a an the personal representative is based on all information of which preparer has any know) dge. SIGNATSIR O ESPONSIBLE F F G R DATE 0 0� ADDRESS 18 Blue M tin Vista Mecha icsburg, PA 17050 SI DATE ADDRES 78 Mornfret St., Carlisle, PA 17013 PLEASE USE ORIGINAL FORM ONLY Side 7 L 1505610105 1505610105 (Y% J 1505610205 REV-1500 EX(Fl) Decedent's Social Security Number Decedent's Name: Roy C Atkinson RECAPITULATION 1. Real Estate(Schedule A). . . . . . . . .. . ....... ... .... ......... . .... ... ... 1. C 0.00 2. Stocks and Bonds(Schedule B) ......... . ....... ..... ......... . ...... . 2. 16,501.00 3. Closely Held Corporation, Partnership or Sole-Proprietorship(Schedule C) . . .. . 3. 0.00 4. Mortgages and Notes Receivable(Schedule D)........... .... ....... ..... 4. 0.00 5. Cash, Bank Deposits and Miscellaneous Personal Property(Schedule E)... . . . . 5. 23,836.00 6. Jointly Owned Property(Schedule F) O Separate Billing Requested .. ..... 6. 184,780.00 7. Inter-V'ivos Transfers&Miscellaneous Non-Probate Property (Schedule G) O Separate Billing Requested... ..... 7. 0.00 8. Total Gross Assets(total Lines 1 through 7).... ...... . .. .. . ..... ....... . 8. 225,117.00 9. Funeral Expenses and Administrative Costs(Schedule H)... ..... ...... .. ... 9. 0.00 10. Debts of Decedent, Mortgage Liabilities and Liens(Schedule 1). .... . ....... .. 10. 0.00 11, Total Deductions(total Lines 9 and 10)........ . ..... ..... ..... ....... 0.00 12. Net Value of Estate(Line 8 minus Line 11) . ...... ..... ...... ............ 12. 225,117.00 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made(Schedule J) .. .... ......... . ...... . . 13. 0.00 14. Net Value Subject to Tax(Line 12 minus Line 13) .. . .... . .... . ..... ...... 14. 225,117.00 TAX CALCULATION-SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate,or transfers under Sec.9116 225,117.00 (a)(1.2)X.0 0 15. 0.00 16. Amount of Line 14 taxable at lineal rate X.0_ 0.00 16. 0.00 17. Amount of Line 14 taxable at sibling rate X.12 0.00 17. 0.00 18. Amount of Line 14 taxable at collateral rate X.15 0001 18 0.00 19. TAX DUE ... .................... ...... ..... .. . .......... ..... ..... 19. 0.00 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT p Side 2 L 1505610205 1505610205 REV-1500 EX(FI) Page 3 File Number Decedent's Complete Address: DECEDENTS NAME Roy C Atkinson STREETADDRESS 18 Blue Mountain Vista CITY STATE ZIP Mechanicsburg PA 17050 Tax Payments and Credits: 1. Tax Due(Page 2,Line 19) (1) 0.00 2. Credits/Payments A.Prior Payments 0.00 B.Discount 0.00 Total Credits(A+B) (2) 0.00 3. Interest (3) 0.00 4. If Line 2 is greater than Line 1 +Line 3,enter the difference. This is the OVERPAYMENT. Fill in oval on Page 2,Line 20 to request a refund. (4) 0.00 5. If Line 1 +Line 3 is greater than Line 2,enter the difference.This is the TAX DUE. (5) 0.00 Make check payable to: REGISTER OF WILLS, AGENT. r 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.......................................................................................... ❑ E b. retain the right to designate who shall use the property transferred or its income ............................................ ❑ 0 c. retain a reversionary interest.............................................................................................................................. ❑ ■ d. receive the promise for life of either payments,benefits or care?...................................................................... ❑ 2. If death occurred after Dec. 12,1982,did decedent transfer property within one year of death without receiving adequate consideration?.............................................................................................................. ❑ E 3. Did decedent own an"in trust for"or payable-upon-death bank account or security at his or her death?.............. ❑ 4. Did decedent own an individual retirement account,annuity or other non-probate property,which contains a beneficiary designation? ........................................................................................................................ ❑ E 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 decedent's 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 decedent's siblings is 12 percent[72 P.S. §9116(a)(1.3)].A sibling is defined, under Section 9102,as an individual who has at least one parent in common with the decedent,whether by blood or adoption. SCHEDULE A REAL ESTATE ESTATE OF FILE NUMBER Roy C Atkinson 21-13-0348 All real estate owned solely or as a tenant in common should be reported at fair market value with is defined as the price at which property would be exchanged between a willing buyer and a willing seller,neither being compelled to sell,both having reasonable knowledge of the relevant facts. Property jointly-owned with Right of Survivorship must be disclosed on Schedule F. ITEM DESCRIPTION VALUE AT DATE NUMBER OF DEATH 1 Residence at 18 Blue Mountain Vista,Mechanicsburg, PA 17050 [Silver Spring Twp] Owned jointly with Patricia G. Atkinson so value reported on Schedule F Parcel#: 38-06-0011-034 Tax assessment: 235,200, Common level ratio: 1 Total(also enter on Line 1,Recap) SCHEDULE E CASH,BANK DEPOSITS AND MISCELLANIOUS PERSONAL PROPERTY ESTATE OF FILE NUMBER Roy C Atkinson 21-13-0348 Include the proceeds of litigation and the date the proceeds were received by the estate All property jointly-owned with Right of Survivorship must be disclosed on Schedule F ITEM DESCRIPTION VALUE AT DATE NUMBER OF DEATH CD's at Nary Federal Credit Union,Merrifield,VA 22119: 391080630018 $13,318.00 391080630022 $10,518.00 7 TOTAL(also on line 5,Recapitulation) $23,836.00 SCHEDULEF JOINTLY-OWNED PROPERTY ESTATE OF FILE NUMBER Roy C Atkinson 21-13-0348 if an asset was made joint within one year of the decedent's death,it must be reported on Schedule G Surviving Joint Tenant(s): NAME ADDRESS RELATIONSHIP TO DECEDENT A Patricia G.Atkinson 18 Blue Mountain Vista,Mechanicsburg,PA 17050 Wife B C Jointly-owned property: ITEM NUMBER LETTER FOR DATE MADE DESCRIPTION OF PROPERTY INCLUDE NAME OF TOTALVALUEOF DECDS%INT. DOLLAR VALUE OF DECEDENTS IOMT TENANT JOINT INSTITUTION AND BANK ACCOUNT NUMBER OR ASSET INTEREST SIMILAR IDENTIFYING NUMBER.ATTACH DEED FOR JONTLY-HELD REAL ESTATE 1 A 15-Aug-02 Home at 18 Blue Mtn Vista* $235,200 50% $117,600 Pre 2011 Navy FCU accts and CD's: 2 A Savings account $5,717 50% $2,859 3 A CD 391080630014 $21,036 50% $10,518 4 A CD 391080630016 $14,857 50% $7,429 5 A CD 391080630021 $10,518 50% $5,259 6 A 11-Sep-02 Orrstown Bank acct 111000364 $14,857 50% $7,429 7 A 17-Apr-06 Orrstown Bank acct 711000519 $63,148 50% $31,574 8 A 2002 2002 Cadillac DeVille $4,227 50% $2,114 * see schedule A for details TOTAL(also on line 6,Recapitulation) $184,780 NAVY FED _® Credit 1 Inio; In reply refer to: lJ 187384 26 March 2013 Mrs. Patricia Atkinson 18 Blue Mountain Vis Mechanicsburg, PA 17050-1813 Dear Mrs. Atkinson: On behalf of Navy Federal's staff and membership, I wish to extend our heartfelt sympathy to you and your family on the loss of your husband in 2012. We have completed settlement of his accounts and I hope that the following information is of assistance to you. On 21 September 2012, your husband's savings account reflected a balance of $5,716.76. A direct deposit of$25.00 from the Defense Finance and Accounting Service was received and credited to the account on 28 September. The funds have been deducted from the account for return to the paying agency. Transactions on the account since that date resulted in a savings balance of$5,718.52 as of 16 October 2012. As joint owner of the account, you are entitled to the savings balance. The funds have been transferred to your savings account. Your husband's checking account had a balance of$9,324.42 on 21 September. Transactions on the account since that date resulted in a checking balance of$9,954.79 as of 2 October 2012. In accordance with your request as joint owner, your husband's checking account has been retitled in your name under your access number on 2 October. At the beginning of 2014, two IRS 1099 forms will be generated; one will be issued in your husband's name for 2013 dividends earned prior to the account being retitled and the other will be in your name for dividends earned on the account for the remainder of the year. The certificates in your husband's name had the following balances: Account Number Balance 00391080630014 $21,036.21 00391080630016 $14,856.89 00391080630018 $13,318.16 00391080630021 $10,518.11 00391080630022 $10,518.11 Dividends credited to the certificates since 21 September increased the balances as follows: PO Box 3000 Merrifield VA 22119-3000 Access Number 187384 Page 2 of 2 Account Number Balance 00391080630014 $21,046.07 00391080630016 $14,884.25 00391080630018 $13,722.93 00391080630021 $10,523.04 00391080630022 $10,563.37 As joint owner of the 14, 16 and 21 certificates, you are entitled to the proceeds including dividends earned since 21 September. In accordance with your request, they have been rolled over to certificates in your name. The present status of the certificates is as follows: Account Number Tenn Dividend Rate Maturity Date Balance 68000602696601 18 months 0.95% 03/06/2014 $21,126.75 68000602696602 30 months 1.98% 07/21/2013 $15,003.41 68000602696603 18 months 0.95% 03/16/2014 $10,563.38 Our Federal regulatory agency, the National Credit Union Administration, requires that the account of a deceased member be closed within a reasonable period of time. Since we have received no reply to our previous correspondence, the funds in your husband's remaining certificate accounts are subject to state abandoned property laws. State statutes prescribe that if any remaining funds are not claimed, they must be turned over to the state. To avoid having the accounts closed and the balance transferred to the custody of the state, you must respond to this letter. Your husband's savings account is now closed and the final statement will be forwarded at a later date. We have noted that your savings and checking accounts as well as your certificates do not reflect joint owners. You may use the enclosed Change of Infornation/Add Joint Owner form if you would like to add a joint owner. We have also enclosed a Payable on Death (POD) Designation form if you would like to name a Payable on Death beneficiary. A postage-paid return envelope is provided for your convenience. If you have any questions or need additional asslsta cc,please do not hesitate to call rile Moll-ffee at 1-800-883-3323, extension 44530. You may also reach me by fax at 1-703-255-7963. Sincerely, cc Becky Harshfie d RB:br Enclosures: NFCU 97CI NFCU 250ep Return Envelope ORRSTOWN BANK A Tradition of Excellence June 12, 2013 Andrews&Johnson Attorneys at Law 78 West Pomfret St Carlisle,PA 17013 Fax: 243-0061 Re: Estate of Roy C. Atldnson Social Security Number 382-14-8104 Date of Death 9/21/2012 IT IS HEREBY CERTIFIED THAT THE ABOVE NAMED DECEDENT HAD THE FOLLOWING ACCOUNT WITH ORRSTOWN BANK: CFIECKING ACCOUNT Account No. 111000364 Account Type- Relation interest Checking Account Title- Roy C Atkinson/Patricia G Atkinson Date Opened- 09/11/2002 Joint Account(name/datc)- Yes/Patricia G Atkinson Balance- $14,854.87 Accrued Interest- $1.83 STATEMENT SAFTNGS Account No: 711000519 Account Type- Prime Statement Savings Account Title- Roy C Atkinson/Patricia G Atkinson Date Opened- 04/17/2006 Joint Account(name/date)- Yes/Patricia G Atkinson Balance- $63,112.43 Accrued Interest- $35.88 Best Regards, 2 Lisa R.Kline Deposit Processing Clerk 2695 Philadelphia Avenue •Chambenbur& PA 17201 100/100 'd E60E60LL1L(XHA) SMoilud3d0 RIM IMISd'd0 S011 (03m)UO2-21-lor SCHEDULE H FUNERAL EXPENSES,ADMINISTRATIVE COSTS AND MISCELLANEOUS EXPENSES ESTATE OF FILE NUMBER Roy C Atkinson 21-13-0348 Debts of decedent must be reported on Schedule f. ITEM DESCRIPTION AMOUNT NUMBER A. Funeral Expenses: 1 2 No expenses claimed because tax rate is 0% B. Administrative Costs: I Personal Representive Commissions Name of Personal Representative(s) Social Security Number of Personal Representative: Street Address: City: State: Zip: Year(s)commissions paid: 2 Attorney fees to Andrews&Johnson 3 Family Exemption Claimant Street: City: State&Zip Relationship of Claimant to Decedent: Daughter 4 Probate Fees to Register of Wills 5 Accountant Fees to Patricia Rosendale,CPA 6 Tax Return Preparer's Fees 7 8 9 10 11 12 13 14 15 16 17 18 19 TOTAL(also on line 9,Recapitulation) $0.00 SCHEDULEI DEBTS OF DECEDENT MORTGAGE LIABILITIES AND LIENS ESTATE OF FILE NUMBER Roy C Atkinson 21-13-0348 Report debts inc cd y e ecedwt prior to deat��rema'm unp�e —aid as of the d�deaai,including unmiin urs�aic a pcnsca� s. ITEM DESCRIPTION VALUE AT DATE NUMBER OF DEATH No debts claimed because tax rate is 0% TOTAL(also on line 10,Recapitulation) $0.00 SCHEDULEJ BENEFICIARIES ESTATE OF FILE NUMBER Roy C Atkinson 21-13-0348 ITEM NAME AND ADDRESS OF BENEFICIARY RELATIONSHIP AMOUNT OR SHARE NUMBER Do Not List Trustee(s) OF ESTATE I TAXABLE DISTRIBU➢ONS linclodmuvight spousal disvib.U.,and v.mfcn wwU S..9116(.$11)] 1 Patricia George Atkinson, 18 Blue Mountain Vista Wife 100% Mechanicsburg,PA 17050 II NON-TAXABLE DISTRIBUTIONS: A.SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE B.Charitable and Governmental Bequesb. TOTAL CHARITABLE AND GOVERNMENTAL BEQUESTS(also enter on line 13,Recapitulation) $0 WILL I, ROY CHARLES ATKINSON, of 18 Blue Mountain Vista, Unit 31, Mechanicsburg, Cumberland County, Pennsylvania, 17050, declare this to be my last will and revoke any will previously made by me. Item One: I direct that all my debts and funeral expenses, including my gravernarker shall be paid from my residuary estate as soon as practicable after my decease as a part of the expense of the administration of my estate. Item Two: I give, devise, and bequeath my entire estate to my wife Patricia George Atkinson if she survives me by 60 days. In the event that my wife Patricia George Atkinson predeceases me or is not then living on the 61st day after my death, then 1 give, devise, and bequeath my entire estate to my son Jeffrey Hughes Atkinson, per stirpes. Item Three: I appoint my wife Patricia George Atkinson, Executrix of this my last will. Should my wife Patricia George Atkinson fail to qualify or cease to act as Executrix, I appoint my son Jeffrey Hughes Atkinson to act as Executor with the same rights, powers, and duties. Item Four: I appoint the wife of my son Jeffrey Hughes Atkinson, Rebecca Rosenlund le Atkinson, Guardian/Trustee of any property which passes to any person under the age of 21 years and with respect to which I am authorized to appoint a Guardian/Trustee and have not otherwise specifically done so. Guardian/Trustee shall establish separate guardianship accounts and shall have the power to use income from time to time for the beneficiary's education, including technical and vocational training and graduate school, travel, support, and welfare without regard to his or her parents' ability to provide for such education, travel, support, and welfare, or to make payment for these purposes, without further responsibility, to the beneficiary or to the beneficiary's parents or to any person taking care of the beneficiary. Guardian shall administer the account until the beneficiary becomes 18 years of age, at which time the Guardian shall transfer the principal and income remaining in the separate guardianship account to my Trustee, being the same person as my designated Guardian, who shall then administer a trust account, of both principal and income and any other funds transferred to the accounts designated, for the beneficiary's education, including technical and vocational training and graduate school, travel, support, health, and welfare. When the single guardianship or trust account is less than $10,000.00 or the beneficiary of the separate trust becomes 21 years of age, the share of the beneficiary remaining in the account shall be paid to the beneficiary in full and the guardianship or trust terminated. In the event of the death of any beneficiary after my decease and prior to reaching the age of 21 years, his or her share shall be distributed equally, share and share alike, among his or her children; otherwise to my surviving children or child, per stirpes, equally, share and share alike, to be administered in accordance with the guardianship and/or trust provisions. Guardian and Trustee shall not be required to file accountings with any court. In the event that any provision of this will shall be interpreted to violate the Rule Against Perpetuities, then the remaining provisions of this will shall not be invalid. Trustee shall administer the trust and dispose of assets so as not to violate the rule, making distribution as required to a life or lives in being plus 21 years. Item Five: All estate, inheritance, succession, and other taxes, imposed or payable by reason of my death, and interest and penalties thereon, with respect to all property comprising my gross estate for tax purposes, whether or not such property passes under this will, shall be paid out of the principal of my residuary estate, without apportionment or right of reimbursement. Item Six: I direct that my personal representative or guardian shall not be required to give bond for the faithful performance of their duties in any jurisdiction. Item Seven: In addition to the rights and powers given to the fiduciaries by law or elsewhere in this will, I give to my Executor during the full time necessary for the administration of my estate the following rights and powers to be exercised in his or her sole discretion. A. To retain any real or personal property which may at any time form a part of my estate so long as he or she deems it advisable. B. To invest in any real or personal property without restrictions as to legal investments. C. To repair, alter, improve or lease for any period of time any real or personal property and to give options for leases. D. To sell at public or private sale, for cash or credit, with or without security, to exchange or to partition, to mortgage or pledge real or personal property, and to give options for leases. E. To make distribution in kind. F. To compromise claims. IN WITNESS WBEREOF, I have hereunto set my hand this 1q 't- day of August, 2009. 'qsSigned ' �� 1ay�.2x ROY dHARLES ATKINSON The preceding instrument, consisting of this and two other typewritten pages each identified by the signature of the Testator was on the day and date thereof signed, published and declared by the Testator therein named as and for his last will, in the presence of us,who at his request, in his presence and in the presence of each other have subscribed o ames. c�ta ' COMMONWEALTH OF PENNSYLVANIA COUNTY OF CUMBERLAND ss We, John H. Broujos and 1 t A�""' J %S witnesses whose names are signed to the attached or foregoing instrument being duly qualified according to law, do depose and say that we were present and saw the Testator sign and execute the instrument as his last will; that he signed willingly and executed it as his free and voluntary act for the purposes therein expressed; that each of us in the hearing and sight of the Testator signed the will as witnesses; and that to the best of our knowledge, the_Testator was at the time 18 or more years ge, sound and under no constraint or undue influence. Sworn and subscribed to before me this /y� day of August, 2009. T I YLVANIA Notarial Seal Wanda K.Hunter,Notary Public Carlisle Boro,Cumbenantl County My Commission Expires May 10,2013 Member,Pennsylvania Association of Notaries COMMONWEALTH OF PENNSYLVANIA COUNTY OF CUMBERLAND ss I, ROY CHARLES ATKINSON, whose name is signed to the attached document, having been duly qualified according to law, do hereby acknowledge that I signed and executed the instrument as my last will; that I signed it as my free and voluntary act for the purposes therein expressed. ROY_QHARLES ATKINSON, Testator Sworn and affirmed to and acknowledged before me this ,yam„ day of August, 2009. COMMONWEALTH OF PENNSYLVANIA Notarial seal Wanda K.Hunter,Notary Public Carlisle Sono,Cumberland County My Commission Expires May 10,2013 n+?m7er,Pennsylvania Association of Notaries