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HomeMy WebLinkAbout07-25-13 ___ _ _ _ _ __ , , J 1505610105 IREV-1500�`�°'-"„�,� nn lvatlia OFFICIAL USE ONLY PA Department of Revenue Pe $Y County Cotle Year File Number BureauoflndividualTaxes °`•�"�"`",°"°"°` POBOXi8o6o1 INHERITANCETAXRETURN � �I�2 �� I -���� - Hi�rrisburg,PA 19fa8-06o1 RESIDENT DECEDENT J ` ��� ENTER DECEDEN?!INFORMATION BELOW Social Security Nufnber Date of Dealh MMDDYYYY Date of Birth MM�DYYYY ,...,., ........ .... ..._......_._. _ . .,,._, .._._.___..._..._ ....._..._. .,......_.._ ..,..,..__ ._... 12/18/2012 07/16/1922 ' _ ._.. .,... .. .._....._ - ._ .___._ _ ... . --' Decedent s Last Name . .. Suffix DecedenPs Pirst Name MI , Saulsbury _ _ Jc _ James _ _ � K ; _ _ .. .._.._ . _. . -....._ ._ - _.,. . __...... ' —' (If Applleable)Entlr Surviving Spouse's Information Below Spouse s Last Name Suffix Spouse's First Name MI . _.. ,....__.._. ... _.... .___.._.....___ _.. ........... . ...... _... ._.. ..__. . .__ , n/a _ _ _ _ _ __ _ _ __ _ ; Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE _ _ _ __ _ ! REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW � i.Original Return O 2.Supplemental Retum O 3. Remainder ReNrn(Date of Death Priorto 72-13-82) O 4.Limited EsWte p 4a.Future Interest Compromise(date of O 5. Faderal Estate Tax ReNm Required death after 12-12-82) � 6. Decedent pied Teshate O 7.Decedent Maintained a Living Trust _ 8. Total Number ot Safe Deposit Boxes (Attach Copy of Will) (Attach Copy of Trust.) O 9.Litigation Proceeds Received O 10.Spousal Poverty Credit(Date of Death O 11. Election to Tax ug�6r Sea 91�A) Behveen 12-31-91 and 7-1-95) ach Schedulg� ,:3 � CORRESPONDENT- iH1$SECTION MUST BE COMPLETED.ALL CORRESPONDENCE AND CONFIDENTIAL TAX INPORA�TION�SHOULD Bi-0IRECIED T Name _._ .._.. ._.. _... _._.. ..__ Daytirt�f�tephqne NU 6er � �7 �,:.. ._�, r_� ,Adam R. Deluce, EsQ. ;(717}�4$;1;IT7 ^� � ' __ _ _ __ _ _ � __ �. � , . � _'.,, ..7 fucisfiea aF wu�.s us � -n First Line of Address �'' ���� �'� _._. .._: .__ __._. _... ..._ . '`� --� N {.._ I�l _ 61 West Louther Street - � �--� !n o r ............ .--�--....__.,. ... ...._._......_ _........_...,. . : ,�. � 'ri .._........ . .. ...._......_ . ..._........_._ ...,. Second Line of Address _' i City Of POSf OffiCe �� � ��� ��� StefB 21P�CAdO DATE FILED ................_. ........_._ . ............._ _._....,....., .___..._..._._. ,. ... i Carlisle ' PA '17013 CorrespondenYs e•mail address:8fdB1UQ885�801.CORi Under penalties of per��jry.I CecWre the[I heve eaa�IneE this retum,inclutling accompanying achedules entl statements,antl to tl�e best of my knowledge and belief, � it ia We,correct arM�x�j.�plete.Declaration of prep rer other than the peraonal representative Is basetl on all iMOrmalion ot which preparer has am/knowledge SIGNAT E OF R80N RESP SIBLE FOR F LING RETURN ���' .,/;1 /j3 r a s 1211 East Pow erhorn Road, Mec anicsburg, PA �7050 SI T E OF PRE E ft T REP ESENTATIVE p � 7 1 ADDRESS � � ' 61 West Louthe�Street, Carlisle, P,� 17013 � PLEASE USE ORIGINAL FORM ONLY Side 1 L 1$05610105 150561�105 � �� , � - � � 15n561�205 REV-'I500 EX(FI} UacedenYs Socie!Security Number necedenes Name: JAf�AES K. SAULSBURY, JR. ' RECAPRULATl6N 1. Real Estate(Schedule A). ........................................._. L :� 2. Stocksand Bonds{SChedule 8} ............ ..... ..... . ............ .... 2 ''.. ��.. 3. Closely Held Gorporation,Partnerahip or 5ole-Proprietorsh(p{Schedule C) ..... 3. ��. 4. Mortga9es and Notes Receivable i$cheduie Dj.... ..... . ....... ..... ..... 4. ��'� .�. 5. Cash, Bank Daposits and Miscellankous Persnnal Property(Sohedule E)....... 5. ���: 64,3Q5.49 j 6. JWntly Owned Property(Schedule Fij O Separste Bit�ing Requested . ...., . 8. ��' � 7. InterVivas Transfers&MisceilarieoUS Nan-Probate Prqperty ::°..-� .- -.._._.._ . ,...._,.,,._. .. .....__..___; eo (Schedule G) O Separate Billing Requested.... ,. 7 ; 3�6�A.�9 ';� .,.._,.w ,._. ,....,..,._... _..._......._,._.. .. ........_.. 8. 7ota1 Grosa Assetn(totat tir�es� fhvough 7}. .... .... . .... .. ........ B. ' 87,939.6$ ��.. 9. Funeral Expenses and Administretiv@ Costs{Sohedule H)__...._......... 3. '�. 4,466.Q9 �'�: ......................w.....».r....,_.,.....,.._..F....n....»�.......a,...o..,. �6. Debis of De¢edent,Mortgage Ciabiii�es and Liens(SChedule 7}. . ...... ..... .. 10. '�.. 6,253.42 '�.. ..,w.. ...�......�.��., _�...�....� .m...�_�, 11. Total Dedualians(total Lines 9 and 101... ..._......__..... .. .. .. 11 : 1Q,719.5� ��; ..__..._......_,.w..�... .. . _............. ... ..--.,._._.,. 12. Net Value of Estata(�ine 8 minus t.iF�e N j . . .... ..... .... ........... 12. �i $7 220.17 '.. �3. Gharitabfe aAd GovemmanWl Seque$tstSec 5113 TraSts tor wttloh `.,"",°` `. . ".` `��"'"",1 a�election ta taz has not been made{Schedule J) ......._............... 93. �'; ��.. ,... .,�.w........,..__m.....,�w....,_..,__..,,__ �...m..�.w,__,.,..-. ia. Net Value Subjec#to Tax jline 12 rtfnus Line 13) ..... ..... ...... .. ..... . 14. I $7,220.17 �'�.. TAX CALCULATiIDN-SEE INSTRUCTIONS FOR APPUCABLE RATES � 15. Mwunt of Lina t4 taxable �� at the sppus8f Wu rote,or � transfers under Sec.9116 , ..... ...... ...... ... .... ...... ...... ...... . (axi.2}X.q_,. i . �, 15.'.,, '��. 16. Amewnt of i.ina 14 taxable ...'..°.._.„,..,.. .,. _.. .w ...�....„: ..r,„„�.._ ..�,,,. ,__�.� ,..�_...�_.. .._,.,._,...u_..,. ,_.�>_.,,. .r at�ineel rete X.0�L` 87 220.17 ': �g,. 3 924.91 '' �w.._..... . . .. ............:..........�.,......... ,...,.m...;. p.,..,.... . . . . .:, .�,. .,._.. . _.._»,_.e.W,i 17. Amount of Line 14 taxable � � �'��������� at 5ibiing rate X.12 i �'.. 17.'�.. ��'.. �..,.__,.., ...,. ... ..._...... , . __ ...,..__ ... .._,.�- ,...__. __. ..._ .__. _ .__......_._ ,w ........_,......._,�. !8. Amount of i.irve t4 taxable ��, �� �, at cwllateral rats X.15 � i&. �': ���. ......,,. . .._..,....... .,,......,.,_ . . ............_.. ts. rnu oue . . ..... . . ...... . .... ........ ........ ... ..... . . �s , 3 924.91 ,, 20. FILL W THE 6VAL!F YOU ARE REQ�UE571NG A REFUND 6F AN 4YERpAYMENT �S Slde 2 � 150�S6Z0205 15056102�5 � i I REV-1500 EX{Fij Page 3 Flia Number Deaederrt's Comlplete Address: OECEDENTSNAME James K. Seulsbury, Jr. 5TREETADDRESS i� Thomwald Home,442 Walnut Battom Road p�7y STATE 21P Cariisie PA 17Q13 Tax payments and Gredits: f. Tax Due(Page 2,line 19j (1) 3,924.91 2. Credits/Payments A.Prior Payments 3,900.00 B.Discpunt 195.00 Totai Credits(A+8} (2} 4,095.00 3. Interest {s} 4. !f Line 2 is greater Nan Line t+Line 3,enterlhe dffference. This is the OVERFAYMENT. Ffll in oval on Page 2,Une 2o ro raqaest a retund. id) 170.09 5. IC Line t+Line 3 is greater thar�Line 2,enter fhe d�ference.This is the TAX DUE. f 5j Make check payable to: REGISTER OF WfLLS,AGENT. PLEASE ANSWER THE FOLLOWfNG QUESTIONS BY PCACWG AN "X"iN THE APPROPRiATE BLOCK5 ' 1. Did decadent make a Uanstar and: Yes Na � a. retainl the use w income of the properly tra�sterred.......................................................................................... L � b, retain the right to designate wha shaii use the properly trsnsferred or As income ............................................ ❑ � c. retain a reversionary interest.............................................................................................................................. ❑ � d. receive the promise for�ife of either payments,benefits or rare?....................._._.......................................,,... ❑ � 2. If death accurced after Oec.12,1982,did decedent Vansfer property withln o�e ysar of death withaut rersiving adequate canside�a6on?........................................._.............._................................................... ❑ � 3. Di�decxideM own an"in trusi fo�'w payabis-upon-death bank accowit or secuMy at his or her dea#r?.............. ❑ � 4. Did decedent own an individuai reNremeM accaunt,annuity or other non•probate properiy,which cantains a beneficiary designation? ........................................................................................................................ � ❑ if TNE ANSYYER iQ ANY�F TNE ABBVE pUES'iM6NS IS YEB,YdU MUST COMPLETE SCHEDULE G AND FILE IT AS PART 4F THE RE7URN. �For dates of death on or after JWIy 1,1994,and before Jan.7,1995,the tax rate imposed an ihe rret value of trensfers to ar for the use of the surviving spouse is 3 percent j72 PS.§9116(a){1.1}(i)3. For dates of deaih o0 or after Jan. 7, 1995, the tax rate imposed on the net value of trensfers !� or for the use of ths surviving spouse is 0 percent [72 P.S.§9N 6(a}(1.1)(ii)).The statute does not exempt a transfer to a surviving spouae trom tax,and the statutory requiremenis far disclosure oi assets arxf fi�ing a iax return are still appliaable even if the surviving spouse is the only benefioiary. For dates af death on or a8er Jury fi,200D� • fie t2x rate imposed on tfie nef value of iransfers irom a deceased chiid 21 years of age or younger at death to or f�r the use of a natural parent,an adoptive parent or a steppa�ent of the chiid is 0 per�ent[72 P.S.§9116(a)(12}]. � The t�rate imposed on the net valus ot transters W ar fa fhe use ot the deaedent'slineai benefxaaries is 4.5 pem.ent,exc�pt as rroted in(72 P.S.§9118(a)(t}j, . The tax rate imposed on th�net va�ue of transfers tb or for the use of the decedenfs siblings is 72 percant[72 P.S.§9116{a)(1.3)].A sihling is deflned, under Section 9102,as an i�dividuaf who has at IeaBt one parent in common with khe deaedent,whether by bin4d or adoption. i I ' fi6v-aSOSEx+(os•iz) �pennsylvania �►�NEDULE E DEPARTMENTOFHEYENUE CASH, BANK DEPQSITS & MISC. �NHea�rANCe rnx aEruaN pERSONAI PROPERTY 0.ESIDENT DECEDENT ESTATE OF: FILE NUMBER: JAMES K. SAU�SBURY, JR. 21-13-0011 Include the proc$eds of litigation and the date the proceeds were received by the estate. Ali prop�ty Jointi�awned with right�survivarship musk be disciosdd on Schedute F. ITEM VALUE AT DATE NUMBER QESCRIpT10N OF DEATH �. 6ank of America-2410 fruiNille Pike,lancaster,PA 17601-Ghecking Acct#OQ6259270629 63.51 2. Members 1st FCU-6280 Carlisle Pike,Mechanicsburg,PA 17050•Checking Acct#459962 ��,�g2.pg 3, Chsdes ScMwab-22 A North Second St,Harrisburg,PA 17101-Cash Acct#78050199 47,192.77 q_ Haftman-Roth Funeral Home(rsitr�ursement for iunerai overpaymenij 49.04 ' g. Weii Star Health Systems,Atlanta,GA(reimburv�ement for med(cal treatment) 77p.pp g. 'State of South Carofina Ret+rementl Board(reimbursement for insurence overpayment} 42.08 7 Federa!Tax Rekum Refund _ 555.00 ' g_ Presbyterian�Ilage Nursing Home overpayment refund 1,051.�0 r , TOTAL(Also enter on Line 5, Recapitulation} ; 64,3Q5.49 If more spacQ is needed,use additixa2ai eheet�of paper of the same stze. —;_ REV-1510 EX+(OS-09J �penn�sylvania SCHEDULE G �EPAqTMEMTOFqEVENUE INTER-VIVOS TRANSFERS AND INHERITANCETAXRETURN MISC. NON-PROBATE PROPERTY RESIDEM DECEDENT ESTATE OF JAMES K. SAULSBURY, JR. FILE NUMBER 21-13-0011 This schedule must be completed and fled if the answer to any of questions 1 through 4 on page three of the REV-1500 is yes. ITEM DESCRIPTION OF PROPERN NUMBER �'�10ETMEK°i"E°FTMFi^a"s�.'"�an�wnoriaavroocc�xrnn�o DATEOFDEATH %OFDECD'S EXCLUSION TAl(ABLE .. . ... ... . . .. °FTMFO�wca�ugT^�. VALUEOfA55ET IN7ERE5T �hawu VALUE 1 son�eCfiristo her R.Sau bu05 pn97-Transferees:James K.Saulsbury, III ( ) P ry( ) Emily S.Rockwood(daughter) 1/30/13 33,634.19 100 ' 33 63419 � ' TOTAL(Also enter on Line 7, Recapitulation) ; , 33,634.19 If more sp�ce is needed,use additional sheets of paper of the same size. . . .. .. . _ .. _. . . �� � i i . REV-IS11 EX+tI0-D9) � pennsylvania SCHEDULE H pEPARTMENT pFPEVENUE FUNERA! EXPENSES AND [NHERRANCETAXRENRN AdMINISTRATIVE COSTS RESEDENiOECEDENT fSTAtE OF FItE NUMBER JAMES K. SAULBBURY,JR. 21-13-0011 DecedenNc dsbta must 4o reported on Saheduie I. ITEM NUMBER DESCRIpTlON AMOUNT A. FUNERALEXPENSES: 2. 8. ADMIt�1STkATIVE COSTS: _ _ __ _ _ _ i. Persortai kepresenta#ive Commissior�s: 984.OQ Nama(s)of Personal Represen[ative(5) Efllily S. ROCkWOqd �� ' ���� �� � Stteet address 1241 E. powderhom Road __, �N Mechenicsburg ! State?A ZIp 17050 YeAr(s}Commission Paid: 2Q13 _ _ Z� Attorney Fees: , 2,975A� 3. Family HcemRtion:(if decedent's add{�ss i6 not the sama as claimant's,attach explanation.) � Claimant _ Streek Address�� �� i City. � State_,_.,�ZIP Reiationship of Ciaimant to Dec�dent_ y, a, vrobate Fees: 333.50 5. AccounWnt fees: � � � �� b. Tax Return Preparer peer. ' � � � ' �, AdveRise Estate in Cumbedand CaW Joumai _ _ 75.Op r s., Advertise Estffie in Patriot News 102.58 _ _ _ , ' TOTAL(Also enter on Llne 9,Recapitulation} ��.��� 4,466.49��:� If more sp�,ce is needed,use additional sheets of Aaper of t�e same size. i REV-TSi2 EX+(I2-12) �penrYSylvania 'SCHEDULE I V? pEPARTMENTQFREVENUE DEBTS QF QECEQENT� INHEkRANCETA%RETU0.N MORT6AGE LIABILITIES&LIENS RESIDEN7 OECEOENt . ESTATE pF FIIE NUMBER JAMES K. SAUISBURY, JR. 21-13-0011 Report debts inwrred by the decedaM prlor to dcatli that rematned unpaid at th�date af deafh,inciuding unreimbursed madicai ezpences. ITEM VALUE AT pATE NUMBER � DESCRIPTION qF 6EATH 1 Thomw�d Nursing Nome-fi�ai billing 5�325 78 i 2. Paui D.Deibey,DPM(dactor) . 8.33 ' 3. Mif(enium Pharmacy Systems 10$.1S 4. George Branscum,M.D. 24.84 5. Mobilex X-Rays _ _ _ _ _ 41.35 6. Emi1y R�kvrood,reimbursement f�r expenses paid out of pocket{see atka�rment A) 744.94 ' � _ __ ' TOTAL{Alsn enter on Li�e 10,Recapitulation) $ ' 6,253.42 If more�5pace is needed,insert additiona!sheets of the same size. REV-1513 EX+(01�10) � pennsytvarna SCHEDULE J DEPARTMENT OF ftEVENUE BENEFICIARIES INHERRANCE TAX REfUIiN RESIDENTDECEDEPIT ESTATE OF: FILE NUMBER: James K. Sauisbu , Jr. 21-13-0011 REtATSONSMIP 70 DECEDENT AMQUNT OR SHARE NUMBER NAME AND ApDRE55 OF P�RSON(S}RECEIVING PROPERTY Do Not Liet Trustee(s) OF ESTATE I TAXABLE DISTRt8UTI0N5(Inciude aut M s�usa!dlstributlons and transfers under sec.91k6 ia)(1.2).] 2. Emity S.Rockvmod i211 E.Pawd�rhom Rd.,Mechanicsburg,PA 17050 ' daughter 1/3 2. Christopher R.Sauisbury 106�uaker Rd.,Lewes,DE 19958 son 1/3 ! 3. James K.Saulsbury,III 513 W. Br�ad St.,#510,Falls Church,VA 22046 son 113 ' ENTER DQLtAR AMOUNTS fOR DIS7RI8U ONS SH6WN ABOVE 6N ISNES SS THRpUGH i8 4F REV-1500 COVER SNEET,AS APRROPRIA7E. �l NONdAXABLE DISTRIBUIIONS '�� A. SPOUSAI D757RIBUTION5 UNDER SEtCitON 91£3 FOR WH2CH AN ELECTION TO TAX IS NOT TAKEN; 1. � � _.. , .._ ... ... . . i 6. CHARITABLE AND GOVERNMBNTAL D[S�RIBUIIONS: � , L . .. . .. .. ..... . .. ...... . .. .. .... ... . ... .. . _ ._ .. .. . . .. _. . .. , . �' .: . _ . . . ' .. . ... . . ..._ . i. ... . .... .. . ... .. . .... .. ... . ... . .. .. . . . .. . .. .. . . .. , � TQTAL OF PARi it—ENTER TQTAL N-TN(ABLE DiSTRtBUTI4N5 ON tTNE 13 OF REV-1504 COVER SHFEb ��� � If more spBce Is needed,use 8dditianal sheets of paper of the same size. � i � , . � � � � � LAST WILL AND TESTAMENT OF JAMES Ifi�. SAI7L3BURY,JR.AKA 3.KEENE SAitLSBURY T, 3AMES K. SA'ULSBURY, 7R. AKA 7. KEENE SALTLSBI7kY, having my legal residance at 442 Walnut Battam Road, Carlisle, Cumberland County, Pannsyivania, hereby declare this to be my Last WiII and Testament, revoking all other Wills and Codicils heretofora made by me. ARTICLE t}NE I declare that I azn nojt rnarried. ARTICLE TWO I have three{3}child�en whose names aze as follows: EMILY S.ROCKWOOD CHRISTOPHER R, SALILSBCRtX ' JAMES KEENE SAULSBURY, ICI Any referencas in tYpis dooument to my descendants aze to these ahiIdren and their dcscendents. ARTIGLE TFIREE I direct the payment fqom my estate of the expenses of my last illness and £uneral as soon after my death as convenientlNmay be dane. � ARTICLE FOUR I direct that atl estate, iinheritance and other taaces in the nature thereof, together with any interest and panalties thereon, �ecoming payable because of my death with respect ta the property canstituting my gross estate fo$� death tax purposes, whether or not such praperty passes under this Will, sha116e paid from the p�jincipal of my residuary estate, and no persan receiving or having a I beneficial interest in any such�roperty, whether under this Will or otherwise, shall at any time be required to contribute to or refi�nd any part thereof; pravided,howevar, that this direction shali not I � i apply to the taxes on any property included in my estate solely because of a power af appointment thereover which I possess but have not exercised or on any qualified terminable interest or to any generatio�-skipping iransfer ta�ces. ARTICLE FIVE I intend ta leave a memorandum which will direct the distribution of certain items of tangible personal property, and I request that my wishes as set forth in said memorandum be followed. To the extent that my tangzbie persanal properiy is not dispased o£by memorandum, I give all af the tangible persr�nal prapezty that I own at my death, including any household fiuniteire and £urnishings, automabi�as, baaks, pictures, jewetry, art objects, hobby equipment and collections, wearing apparels and other artictes of personai and household use, equiprnent and ornament, and ali insurance;thezeon, in equal shares, to rny chiTdren, per stirpes, provided they survive me by 30 days, to be�tivided among thetn as they are able to agree. ffrny children and their descendants faii ta survive rr�e by 30 days or aze unable ta agree as to distribution, all such items shail be sold and the proceeds,disfributed with the residue of my estate. ARTICLE SIX I give the rest, residue'and remainder of my estate, of whatsoever nature and wheresoaver situate, in egual shazes, to my ohiIdren, EMII.Y S. ROCKWOOD, CHRISTOPHER R. SALTLSBURY, and 7AMES I�EENE SALTLSBURY, III, pez stirpes. Tf my deceased child has no descendants, such shaze shall tpe distributed to my surviving children,per stirpes. ARTICLE SEVEN If any portion of rny esqate is distributable to a beneficiary who is then under the age of 25 years, my Executor may dish-ibute that beneficiary's share, without fizrther responsibility, either directIy to that beneficiary, to a k�ualified individual ar trust compaay designated by my Executor as custodian for that beneficiary ur�der an applicable IJniform Transfers ta Minors Act or similar Iaw, or to the individual having per�onal cuatody of that beneficiary {whether or nat eaurt-appointed}, and the reaeipt of the distributee��shall discharge my Executor. � � � ARTICLE EIGHT No bene$ciary or remainderman under this Will or any codicil hereto or any trust created hereunder shall haue any right ta alienate, encumber or hypothecate his or her interast in this WiII ar any trust created hereunder in any manner, nor shall any interest of any benefciary or remainderman be subject Yo ctaims of his or her creditors or liabte to attachment, execution or other process of Iaw. ARTICLE NINE Should the payment!of expenses, claims and taxes from any Qualified Retirement Plan or Individual Retirement Acodunt {"IRA,") assets which comprise my estate cause my astate to be disqualified as a "QuaIified!Benaficiary", it is my intent, and I hereby direct that, to the extent practicable, no expenses, cl�ims and tazces shall be paid from such Quatified Retirement Ptan or II2A assets. , ARTICLE TEN I appoint my daughter�; EMII.Y S. ROCKWOOD, as Executrix af my WiII. If she is unable or unwi2ling to serve, I appo�nt my son, 7AMES KEENE SAULSBURY, III, as Executor of my Will. I give to my Executor, �n addition to and not in Iimitation of the powers given by law or by other provisions of this Will,i the foIlowing powers with respect to settlement of my estate to be � exercised frorn time to time ini the discretion af my Executor,without further order or license af the Register of Wills or of any couirt: A. To reta�n any property, pending distribution hereunder, to invest in or purchase any prope�ty without restriction to legal investments far fidueiaries, ta dishibute praperty in k4nd, to compromise ctairns, and to seli any property at pubIic or private sale; B. To barrbw money from any person ineludzng any fiduciary acting hereunder,and to rnortg�age or pledga any real or personal properiy; C. To engage in litigation and eomprornise, arbitrate or abandon claims; D. To mak� distributions in cash, or in kind at current values, or partly in each, ailoeating spec�fic assets to particular distributees on a non-prorata basis, and for snch purposes toj make reasonable deterrninations of current values; : 3 fi. To make elections, decisions, concessians and settlements in connection with aXl incorne, esfate, inheritance, gift or other tax returns and the payment of such taices, withaut obligation ta adjust the distributive share of incoma ar principal af any�}erson affected thereby; F. To invest and rainvest in every kind o£ praperiy and investrnent which persans af prudence, discretion and intelIigence acquire far their own accaunts; G. To�anage,control,repair and improve all real property; H. To p�acure and carzy at the expanse of the estate insurance o£the idcrds, forms and ampunts deemed advisable by the Executor to proteet the Exeeutar and the estate a$ainst any hazazd; I. To p�y alI taxas, assessments, fees of the Exeeutor and all other expenses incurred in�he cotIection,care,administration and protecrion of the estate; 3. 'To ex�rcise such powers, herein conferred, after the termuzation of the riust estate until fi{�a1 distribution of the estate assets; and K. To do �II the acts, to take all the proceedings, and to exercise all the rights, powars and pri�ileges which an absolute awner of the praperty wpuld hava, � subject aiways to the',discharge of their fiduciary obligations; ihe enusneration of certain pawers in this, Will shalI not limit the general or implied pawers of the Executor; the Executor shall have all additional powers that may now or hareafter be conferred on tham by. law or thaz may be necessary ta enable the Exacutar to administer the estate in accordance with the pravisions of this Wili, subjact to any Iirnitations specified in'Khis Will. No bond shall be req�;ired of any fiduciary hereunder in any jurisdiction. No fiduciary hereunder shall have any liabili}y for any mistake or enor of judgrnent made in good faith. My Executor shall receive reasonable compansatioa far services perfarmed as determined by the courC in which this Will i�admitted to probate. I realize that Executors '�re given discretion by law to make various elections which affecf the income and estate taxes pa�able by estates and l�eneficiaries, as weTi as the relative shares of beneficiaries, such as taking ad�ninistration expenses as deductions for either estate ar income ta�r puxposes, selecting options far t�e payrnent of employee death benefits, electing to take a qualified 4 i terminable interest as part of ttie marltal deducrian, selecting altemate valuation dates, postponing the payment of taxes, filing joint incoma ta�c or gift ta3c returns and redeeming corporate stock. fihe decisions made by my fid�ciaries in any of thesa matters shall be binding upon, and not subject to qnestion by, any affected persons. I reIy upon my fiduciaries to tatce into cansideration the tatal income and estata ta�ces payabte by reason of their decisions inciuding those payable by rny survivors, and they aze authorizad in their discretion,but not required,to make adjustments between income and principaI as a result thereo£ IN WTTNESS WH�REOF, I have set my hand and seai to this Will aonsisting of five {5) pages this�6�fi'a'y of May, �'012. � �� � � J�4fES K. SAULSB Y,7R. AKA 7. KEENE SAULSBURY SIGNED, SEALEI3, PLTBLIS�-IED and DECLARED by JAMES I�. 5AUL5BURY, 7R. A.KA J. KEENE SAtTLSBURY,the above named Testator,as and for his Last Will and Testament, in the presence of us, who, at his request and in his presence, and in the presence af each other, hava hereunto subscribed our mames as witnesses. �,,,, � � �, r� ,... --`�. Residence � �c 6�7-- t 7b,�- �, / '�----�—'_ �W�A9-�ls-'-� Residence ��^����1- �`ll� 5 ACKNOWLEDCxEMENT COMMC}NWEALTH{}F F'ENNSYLVANZA , : SS: COUNTY OF CUM�BERLAND . We, JAMES K.. SATJLSBUR.Y, JIt. AICA J. KEENE SAULSBURY, ��`^�'� � `�p���nd �,,�C�..a-��s-t��,���5�-, Tastator and witnesses, � respectively, whose names,are signed to the attached and foregoing instrument, being first duly sworn, do hereby declare to the undersigned eutharity that the Testator signed and executed the instrument as his last will ah�d that he had signed willingly, and that ha executed it as his free and vatuntary act for the purpas� therein expressed, and that each of the wztnesses, in the presence and hearing of the Testator, sigttied the Will as witnesses and that to the best of his/her knowledge the Testator was at that time eighteen years of age or older, of saund mind and undez na cansfraint or undueinfluance. ,��-��,�. �SE IC. SAULSL�JRY,JR.. t�KA J. KEEiVE SAULSBURY Testator ss ���5 � ��� Snbscribed and swo� to and acknowledged be£ore me by JAMES K. SAUL3BURY, JFt. AK.�1 7. KEENE SAULSBf.TRY, the Testator, and suhscribed and sworn ta before me by ��^��Yxcr~S? ��'�� and� )(,7j�(n� '{(�r(�/� Y� , witnesses, on this �fAY 18 2012 cor�raoNV,r�-�.r�}F�rur�snvaMU �.'� NotaHO Seal Cheryl L Baker,Notary Public tary Pubhc �pperAllenTwp,�C m6erlandCOUnry MY�mt�� 73n.13,2015 ��8�'�NM'NIY���!�aC7AT70N OF MOTARIES 6 ii- --� � -« ... ... .., � � I m m i I � O CNS O � o p I p i O O I j I I I } L N I N I N N N N N N � N I i I I iQ 7 � ,�,. .-�. � \ I � � � NI � I fv I � � W .-� .-� .-' " ..' I � I 1 � � � � � � I L I i i I I � I � � I �n' O� "� �c? .o oMO. � o � $ t1" I � � ��.,,I N � � lC') f� ^ � p e� � '� W�� V� !q� 1f•T �. � � � �O � . Q I I1� I � I � I 1 � � � i I �+s�i �r � II� I � oi ol o � ~ I � I � i J I � O I � � I N N O O i O I O I I � � � NI � M � � � �O � � � � N � � � � I N N N � I �, ! � j � �I' � I � I � I � ! � I Ni til i � i m I i � � ~ � I i � i Q � I I � j I � I I � I i I I 31 � � � � I � � o ! 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