HomeMy WebLinkAbout07-15-13 Peggie K. Dick Petitian ta Settle 21-11-041 O.dac
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IN RE: ESTATE OF : IN THE CUURT OF COMMO��,EAS �� `'' °
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PEGGIE K. DICK : OF CUMBERLAND COUNT�' �'�^ ��Y* �j
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PETITION FOR TI�E 3ETTLEMENT OF AN ESTATE
TO THE HONORABLE, THE JUDGES OF SAID COURT:
PAMELA K. FRAZIER, Executrix af the Estate af Peggie K. Dick, respectfully
represents:
l. Peggie K. Dick, who resided at Bethany Vitlage, 313 Asbury Dr.,
M�chanicsburg, PA 17055, died testate on August 16, 201 l.
2. Letters Testamentary were granted ta Petitianer on August 31, 20t t, and the
estate was advertised in the The Patriot News – Metro West Legals on October 14,
October 21, and October 28, 2011, and in the Cumbertand Law Jaurnat on Octaber 21,
Octaber 28, and Navember 4, 2011.
3. The anty assets in the estate were,as fallows:
1. 39.807 Shs Common Stock Mean M/V $26.85925, 8/I6/I I, PPL
Co oration PPL CUSIP#69351T106 $1,069.19
2. 35 Shs Common Stock Mean M/V $51.58, 8/16/11, Prudential
Financial Inc. RU) CUSIP#744320102 1,805.30
3. 1,661.02$ Shs Mutual Fund $11.55 NAV, S/16/1l, USAA Income
Stock Fund(LJSISX CUSIP#None 19,184.87
4. Americhoice FCU Re Sv s and CDs 28,149.31
5. Members I�FCU Checkin , Re Sv s, Mone M t and CD 62,274.16
6. Soverei Bank—'The Soverei One Checkin 50,783.42
7. Ladies 14 Karat Yellow Gold Diamond Bridal Set bequeath to
Pamela K. Frazier See Article II.B. of Will 7,62g,pQ
8. 2008 Buick Lucerne, VIN#1G4HD57238U163754, Transferred to
Pamela K. Frazier 4/6/11 20,000.00
Page 2 of 6
1-
Peggie K. Dick Perition to Settle 21-11-0910.doc
9. Asbury Comms, Inc-Reimburse fr Medicare for Hospice 6/1/11
to 6/30/11 499.24
10. Good Housekee in -Subscri tion Refund 11.67
11. USAA Ins-Subscribers Refund 511.02
12. Asbury Comms, Inc-Refund fr Skilled Care and $676 Reimb fr
Medicare for Hos ice 5,431.00
13. A.F.&L. Ins-Reimburse L/T Care Ins 1,880.00
14. Guide osts-Subscri tion Refund 12.97
15. U.S. De t. of Treas -2011 1040 Tax Refund 1,220.00
16. ACH Pension-PA Treas De t.-8/31/11 482.86
17. ACH Pension-DFAS-Cleveland Ar-9/1/11 1,137.75
18. ACH US Treas -Soc. Sec.9/2/11 1,137.00
Sub-Tota1 $203,217.76
19. Income-2011-Form 1041 $1,803 -$934.19 st. Int. on Jt Pro . 868.81
20. Income-2012-Form 1041 2,135.00
Sub-Tota1 $206,221.57
50%of Assets Jointl -Owned with Pamela K. Frazier
1. Members 1 St FCU CD Jointl -Owned with Pamela K. Frazier 30,979.88
2. 50% of PSECU Ckg, Reg Svgs a.nd CDs Jointly-Owned with
Pamela K. Frazier 63,944.92
3. 50% of PNC Bank Ckg, MM and CD Jointly-Owned with Pamela
K. Frazier 18,023.50
4. 50% of U. S. Savings Bonds Jointly-Owned with Pamela K. 6,838.00
Frazier
Sub-Total-50%of Jointl -Owned Assets $119,786.30
Total Assets $326,007.87
4. Expenditures made an behalf af the Estate af Peggie K. Dick were:
l. U.S. Treas Remediation-Return of DFAS Pension-9/20/11 I,137.75
2. U.S. Treas Remediation-Return of Soc. Sec.-9/28l11 1,137.00
3. Pamela K. Frazier-Reimburse Musselman Funeral Ex nse 1,145.50
4. Pamela K. Frazier-Reimburse Probate Will-Ltrs/WilUFees 413.50
5. Pamela K. Frazier-Reimburse Butterflie Releases 173.00
6. Continuin Caze R�c-Prescri tion Co- a s 8/1-8/25/11 12Q.73
7. Musselman Funeral Hom�-Additional Funeral Ex enses 545.67
8. The State Employees' Retirement System-Return of Pension
8/17-8/30/11 225.33
9. Bethan Villa e--Caterin Memorial Luncheon 392.91
10. Cumberland Law Journal-Executrix Notice Advertisement
10/21, 10/28, & 11/4/11 75.00
Page 3 af 6
Peggie K. Dick Petition to Settle 21-11-0910.doc
11. Patriot News—Ad#2173742—Metro West Legals—Exec Notice
Advertisement-10/14, 10/21, & 10/28/11 104.52
12. Re 'ster of Wills,A ent—Inheritance Tax 39,375.00
13. A.F. &L. Ins. Co.—Reimburse Ove a ent L!T Caze Ins. 3,708.85
14. Bonnie K. Miller, Tax Coll.2011-2012 Per Ca ita T� 11..00
15. Gin 'ch Memorials—Inscri tion of Date of Death on Headstone 160.00
16. PA De t. of Revenue---2011 PA-40 183.00
17. United States Treas —2011 Form 1041 149.00
18. PA De t. of Revenue-2011 PA-41 55.00
19. Mollie B. Fine Jewelry—Diamond Engagement/Wedding Ring Set
A raisal 160.00
20. Register of Wills, Agent—Pa-1500—Additional PA Inheritance
Tax 5,480.00
21. Re ister of Wills—Filin Fee—PA Inheritance Taa�—PA-1500 15.00
22. 2/6/13—Soverei Bank Monthl Maint. Char e 10.00
23. 3/6/13—Soverei Bank Monthl Maint. Char e 10.00
24. United States Treas —2012 Form 1041 230.00
25. PA De t. of Revenue-2012 PA-41 66.54
26. Re ister of Wills—Fees for Filin Petition to Settle and Invento 30.00
Tota1 Ex enditures $55,114.30
Less PA Inheritance Tax Paid -44,855.00
Total Ex nditures Net of PA Inheritance Tax $10,259.30
5. Inherita.nce Taxes in the amount of $46,927.31, ($44,855.00 + $2,072.37
Discount + $0.39 Adj.) have been paid and approved as is evidenced by the attached
Notice from the Department of Revenue. The total expenditures are, therefore,
$55,114.30($44,855.00 Inheritance Taxes+$10,259.30 Expenses).
Page 4 of 6
Peggie K. Dick Petition to Settle 21-11-0910.doc
6. The said Peggie K. Dick was survived by her friend Parnela K. Frazier, to
whom she left 75% of her residuary estate, and by her godson Brian A. Smith, to whom
she left 25%of her residuary estate as is set forth in Paragraph III. of her Will.
RECAPITULATION
Total Assets: 5326,007.87
Less:
Jointly-owned property with Pamela K. Frazier -119,786.30
Property specificaily gifted and/or bequeathed to
Pamela K. Frazier - 27,628.0t1
Net Residuary Assets $178,593.57
Total Credits - 55„�114.30
Balance Availabie for Distribution 123.479.27
To Pamel�t K.Frazier,'/4 share($123,479.27 * .75) 592,609.45
At risk Distribution-ls`Partial Distribution-Mbrslst#101---3/9l12 -6Q,000.0(1
At risk Distribution-39.807 5hs PPL Stock @ 52.86 -1,069.19
At risk Distribution 35 Shs PRU Stock @$51.58 -1,$05.30
At risk Distribution-2°d Partial Distribution-Sov.Bk. #122--10/4/12 -30,000.00
Return of Over-Disbursed Portion of Distribution-5ov Bk-Ck#6659 218.88
Return of Over-Disbursed Portion of Distrlbution—Mbrs lgt--#6688 65.00
Total Distribution �92.590.61
To Brian Smith,'/. share($123,479.27 * .25) 530,869.82
At risk Distribution-19t Partial Distribution-Sov Bk#113-3/9/12 -20,004.00
At risk Distribution-2°d Parti�l Distriburion-Sov.Bk.#121-10/4/12 -10,000.0(1
At risk Distribution-3°d Partial Distribution-Sov. Bk.#123--10/4/12 -885.20
Total Distribution ���;5�,.�Z.Q
Total Disbursed �E4�.�
Balance Remaining in Account ��
Page 5 of 6
Peggie K. Dick Petition to Settle 21-11-0910.doc
WHEREFORE,your Petitioner prays that Your Honorable Court appmve the distribution
of this estate as set forth herein,and that the said Executrix, Pamela K. Frazier, be
discharged from the duties of her appointment.
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Pamela K. Frazier,Petitioner
Dated: July, 5,2013
COMMONWEALTH OF PENNSYLVANIA
COUNTY OF CUMBERLAND
Pamela K. Frazier,being duly sworn according to law, deposes and says that the
averments of the within Petition are true and correct to the best of affiant's knowledge,
information and belief.
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Pamela K. Frazier
Sworn to and subscribed before me
�' day of July,2013
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Notary
C F ENPISYLVANIA
NOTARIAL SEAL
G111NA UBAI.DI.Ne�ery Pub►i�:
Canip H(q Boro,Cumbettsnd County
My Commission Expires�ebruary 12,2014
Page 6 of 6
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BUREAU dF INDIVLDUAL TAXES APFRAISEMENTs AL�OWAFlCE OR DISAI.LC1l1IANCE pEPARSMENTOFREVENUE
lNHERITANCE TAX UIYYSI4N OF IlEDUGTIONS AND ASSESSMENT 0� T/�X REY-154� EX AFP {12-11}
�o eax Zscsut
WIRRISBUR6 PA 17128-U691
. DATE 09-Q3-2Qi2
ESTATE OF DiCK PE�G6IE K
DATE UF DSA7H Q8-1&-2Q11
FILE NUMBEEt 21 11-0910
C011NTY CUMSERLAND
PAMEIA K �FtA�*ZER ACN 101
4695 SEARS RlJN I}R APP�AL �ATEt II-02-2022
MECHANICSBUit� PA i?050-2560 {See reverse s�d�under Qbjectivns}
Amount Re�itted� �
MAKE CHECK PAYABt,E AND REMIT PAYMENT `f'{3 a
RE6ISTER OF WILLS
1 Ct]URFHOUSE SqUARE
GARLISLE PA 17�13
CUT ALONS THIS LINE �# RETAIN LOiVER PDRTIONt FOR Ytt[JR RECORDS E�
___.._,._______________..___-.,-_---___________________._______......__�_.___._..__.,_..___.__.._.___
REY-1547 EX AFP C12-11? NQTICE OF INHERITANCE 7AX APPRAISEl4EHT, ALLt3lV�tNCE OR
DISALLOWANCE OF DEDUCTIpNS AND ASSESSMENT OF TAX
_ _
_ESTATE OF. DiCK _ PEG6IE KFILE N0. s21 11-0910 _ACN: 1Q1 __ DATE: �09-03-2012 _
TAX RETURW WAS: C X] ACGEPTED AS FILED C ) CHAN66D
APPRAISED VALUE OF RETURtV BASED ON: QRIGINAL RETURhI
1. Real Estate tSthedule A) C1) •�� NOTE: 7o ensure proper
�. Stacks �nd Bonds CSchedule BJ (2) �c2�059.36 credit to your account,
3. C2os�rly Held StocklPartnership Interest tSeAedule C) t3) ,pp ����it tha upper portior
af this for� with yaur
4. MortgagesfNoYes Reaeivahle {ScheduY� B� t4) •�� tax Payment.
5. CashlBank Depnsi#s/Misc, Ferso�a2 Property tSshedule E) C5) I T8,4 00.74
6. Ja3ntly 4wned Praperty CScheduie F? (!,} 119:7$6.30
'7. Transfers CSchedule Gl (7) .00
8. Tutai Assets �g) ��t��.f��r
APPRQVED DEDUCTIONS AND EXEMPTIONS:
9. Funeral Expenses/Adm. CostslMisc. Expenses CSchedule H} �g� �.3 74.14
10. Debts/MOrtgaga Lia6�,iities/4iens tSchedula I) t10) �{.0 2��i8
11. Tatal Deductians C11) ���4����
1Z• Net value of Tax Return C�2� 312r8G8.77
13. Charttabief6overnn[antal Bequests; Non-e2eatad 91i3 7rusts CScfiedule J) C13) .DO
14. FIe# YelU9 Of EStBtte SuDjBGt to T�X . {14) 3i�2s$Et$.77
NOTEs If an assess�ent was issued p�eviausiy, lines I4, i�a andlor 16, 17, 18 and 19 will
refiect figures that include the total of ALL returns assessed to date.
AS3ESSMENT OF TAXs
15. Amount af Line 14 a# Spousal rate t15] .DO X 0� ,QO
16. Amount of i.fne 14 taxabie at LinealtC2ass A rata� tId) -�� X 045 " 00
... _ _ . _ .___�_ _ . _ _. _ . ..._.. _ _ .. . '
17. A�ount of lfrta_!4 St Sib2i�t8 ra#e C27) _.. ��_X__12. __._...____�__ ._.._.. .�0.. .
18. A�ou�rt af Lina 14 t�xab2e at Co11a#erallClass B rate tY8) 312s848.77 X 1�S ° +18,927.31
19. Principal Tax Due {;g}, ��y g��.,��
TAX CREDITSs
FAYMENT RECEIPT DISCOUNT (+) AMQUNT PAIA
DATE N{1MBER INTERES7IPEH PAID C-)
11-02-2011 CDQ15161 2:072,37 39,375.00 '
D5-1T-2012 CD015984 .06- 5,4$Q.Qp
Q8-27-2tI12 SBADJUSfi .00 .39
TOTA[. i'AX PAYMEFiT t��,q27.31
BAtkNCE OF TAK DtiE .0Q
INTEttEST AND PEN. .00
TOTAL DUE .OQ
�' Ifi PAID APTER DATE INDLCATED. SEE REVERSE iF TnTA� ft���' rC acc�crrcn ee n ��roenrr.e �ro� vn�� uav or n��r