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HomeMy WebLinkAbout07-12-13 PETITION FOIi GRANT OF LETTERS REGiSTER OF W1LLS OF �.U�YIy)(;Yldll COUNTY,PENNSYC,VANIA Petitioner(s) named below, who is/are 1$ years of age or older, apply(iES) for Letters as specified below, and ir� support thereof aver(s)the foliowing and respectfutly request(s)the grant of Leriers in the appropriate form: Decedent's Informallon �J 2 Namc: Tohn �^I� �nD?a��P,�( FeleNo: �f �� ;/ ����� a/k/a: (Aasigned by Register) a/kla: a!k/a: Social 5ecurity Na: Date of Death: a a � .3 Age at dealh: 8% Decedent was domiciled at deatl�in l b.e , f Counry, (s�are)witl�his/i�er asY pri�cipal residence at 6� Su Jy� �i^il� nr�ts.P .�il,n,�¢r�A Slreef address,Pus�pRce and%ap Code Cily,7'awnship u raogh /_ / / Coonty Decedent died at 6'� sx�'�On �n�2 �arGsle �m�Y{tnq �� 3treet address,Post Oliice and Zip Code Ciry,Towna6ip or Borough Couuty Stale Estimatc of wlue of dect�lent"�}unperty at dealh: / p� ,e� ljdomicikd in Pennsyfvaxia............................ All personat property $ O �J�[/��� If not dareicAed ie Pennsplva»ra. ........ ............... Personai property rn Pennsylvanis S I/'rtnt domiciitd in Pcnnryivania. ....................... Pcrsonal property in County $ � Vplue of reat rstafe in Peansylvnaia.................... ..................................... $ TOTAL ESTIMATED VALUF,. ... $_� 7 � OIJD, Real es[ate in Pennsylvania situated at (Atfe�ch addiliona!rheets,i(necesswy.) Sircet addrea&Pesf Uft�ee and Zi�Cade City,TowAS6ip w 8oroagh Coonty ty� A. PMirion for Probate and Grant of Letters 7'estamcutary C /� Petitioner(s)aver(s)6e/shelthey islare tt�e Faecuwr(s)anmed in the last Will of ihe 1)aceclent,datad� �J^ " �,(�and Codicil(s) Wereto dated 8fa[erelevanl cimuuntantes(eg,renunciadmy death of�tcu�Uu) Excc}xasfollovts:aRectheexccurionoFtficimlrument(s)oftcredforprobateDeccdentdidnotmsrry,w notdivoeced;�asnota e�,ytoapending divnrce praceeding whercin the grounds for divorce had becn cstablishcd as defincd in 23 Pa.C.S.�323(g),and���ot F�e 4�3hild bom or adnpted;and L3eccdent was neithcr the victim of a ki0ing nor wes aetjudicated zn incapacimte3 perso{� � � � n . aj/NO EXCEP'C10NS U EXCEPTIONS m � r, � � O � m r ti. ;,.t m ❑ B. PetiNon for Grant of Letters of Administratinn ((fapplicablc) rr,. � �: N �' � c.f.¢,d.b.rt„dh.rt.c.t.a.,penderstOtr,dwTmte n�.nda,���eminantate C� [f Administcation,at.a.or dlxn.c.ta.,enter date of Wii{in Section A above arabc&mp�ek_e__.e h�oi 6q_i� Except as fi�llows: Decedent wus not a pacty lo a penJing divorce proceedittg wherein tkie gm�neh for�k�c�:e Nacl i�n es4d+Iidit�t as defineJ in 23 Pa.C:.S.§3323(g)and was neithet the vic[im ofa killing nor ever adjudicated an incxpucitefed�n. Fa !,n o —�.] � ll PIO EXCEPC[ONS C1 EXCEP'FiOSVS Petitionei{s),aiter a Pmper search FmrJf�ave uncertained that Deceelent left no Witl:u�d wru survived by the fotfowinbsp�use(ifxny)undAeirh(attach additinnal sheeRr,f/'neeesaary): Name .Relnlionshi Address ro.m aw-oz ,�.roru�zort Page I of 2 _ Oath of Personal Representative ��+al UseOnly COMMONWHALTB OF PBNNSYLVANIA � } SS: COUNTY OF j Petitioncr(s)Prinkd Name Pctitione�(s)Printcd Add(ess L �goo 8re��oo �,ue �; aW ��o.�'� The Petitioner(s)above-nartMd swear(s)or affirtn(s)the smtements' Ihe forogoing Pctirion atc auc and cortect to the best oCthe know{edgca�bclief of Pctitionci{s)and tha4 as Pcrsonal Rcprescnmtivc(s)of�hc T) 4�hc P/ctiti s)will well and uuly ndminishr thc cswtc uccordi�g W law. Swom to o�r7 affifined and subscribed before ��(� Date 7 - i� - / 3 n1C �$� nc(�`d7y Of �� Date By: t Date Fo�(hc Rt7;irler DatC BUNDRCqulred: O YES Q NO TolheRegisterofWi!(s: F�i$$: Please cnter my appcarancp Ay my signatnre betow: Letters. ... .. ... . . . . . . .. . . . . . S ��0.� AUOmey Signaturo: ( /Q )ShortCenificam(s). .. .. . _jQ,� ( )Renuncietion(s)..... .. .. ( )Codicil(s). .. . . . . ... . . . ( 1 Atfidavit(s).. ..... . .. . . -{ I/ /�� /, Bond.... .. ... . . . . . . . . . . ... . . PrintedName: �l0$QO� K. U�OK� Cammission. .... . . .. .. . . . . . . . Suprcme Court /���n� Othcr ........ !D Namber: 7 !s �i . . .... f5.n� /' n � � . ... .. .. ( 'li,� Firm Namc: -�W�, OC 0 . (SO i � � . . .. .... Irn,� Address: ' . . ... . Q ...... Phonc: r//7-7�.3'.�6� Automation Fec. . . . ..... . .. .. . Fax: 7/ - 6�.5"o�i�oZ JCS Fee. . . . . . .. .. . . .. . . . . .. . ..=T��'L2S3G Emnil: Qo Nn� SS G� O/V L'0717 TOTAL. . . ...... . ...... ..... S L �✓ '7' � �: � o `'' m � w � c °? o m = � — cnz r�- nr F'' mm a y � N � o � • � o 0 ° c� o � -n -n c� o -,� 3 � -� o c h, _ � � � o � m D 6-' � � -J �1 Fom,xwoi ,�.ioniaa�t Page 2 of 2 � �e �Jre � � O�( S �a � e Oath of Personal Representative ors��si us�o�iY COMMONWEALTH OF PENNSYLVANIA } } SS: COUNTY OF } � Petitioner(s)Printed Name Petitioner(s)Printed Address) � The Petitioner(s)above-named swear(s)or af6rm(s)tNe statements in the foregoing P ition are true and correct m the best of the knowledge and belief of Petitioner(s)and that,as Personal Representative(s)b the Decedent,flie PetiC er(s)will well and truty administer the estate according to law. Sworn to or affirmed and subscribed befoce Date me this_day of ,^ Dace By: Date For[he Register Da[e BOND Required:Q YES �NO V'a the Register ojWiUs: �. FEES: ��ease enter my appearance b � y signatur�elo • � m Letters. . . . . . . . . . . . . . . . . . . . . . $ Att rney SignaWre: � � c � p ( ) shorc ce�cifioace(s).. . . . . m i c� � �n z1 ( )Renunciation(s).. . . . . . . � n m h-+ rn r�,•� ( ) Codicil(s). . . . . . . . . . . . n T` � N � a ( )Affdavit(s).. . . . . . . . . . . � p n 7` � O G Bond.. . . . . . . . . . . . . . . . . . . . . . . Printed N �ne: c-, o � '� � —; Commissio��. . . . . . . . . . . . . . . . . . Supreme Co rt � � r.• :- ej - Other . . . . . . . . ID Number. _�� � � +� . . . .. . . . A C,J Cn O � . . . . . . . . Firm Name: � � . . . .. . .. Address: . . . . . . Phone: Automation Fee. . . . . . . . . . . . . . . Fax�. ]CS Fee. . . . . . . . . . . . . . . . . . . . . Emaih TOTAL. . . . . . . . . . . . . . . . . . . . . $ DECREE OF THE REGISTER � Estate of� Y `11 ��V�ll �� I IJ�e���-G� File';o: �G���� p � 0��/ / a/kJa: AND NOW, ���� C/`Y� AJ�,I L �A , l�(Ji, �u consideration of the foregoing Petition, satisfac[ory proof h va ing been presented before e,IT IS�CREED tfiat Letters �; are hereby granted to ►'[�� V Vl _ �_ �'°� in the above estate and(if applicable}that the iustrument(s) dated �a �1 l�� '"J D I � ' described in the Petition be admitted tTo probate and filed of record as the last Will (and Codicil(s))of IIccedent. � � � egistet of Wil� i�� ��Q'y�� For,„ew-nz �<�. �oiitiznti �-�' Page f2 . � , ; � c, s � c � � m W � c � c� 0 ¶¶ ¶ r- � � �.�'� �ll1111 �,Il11�I1 �((��'��.Il�1��Il� m m � c Z � 7c o0 � C'� p -D �'1 "�'i OF O C �'i � °' ?i . .� ~ � � JOHN H. I3IPPENSTEEL a � � N � � � I, JOHN H. HIPPENSTEEL, of the Borough of Carlisle, Cumberland County, Pennsylvania, do make, publish and declare this to be my Last VVill and Testament, hereby revoking all Wills and Codicils by me heretofore made. ITEM I: Familv Information. I am married to SHIRLEI'M. HIPPENSTEEL, and all references to my wife in this VVill are to her. I have four children: LESLIE A. BURCHFIELD, CAROLI'I�T L. ACKER, LISA S. MAYBERRY and JOHN D. HIPPENSTEEL. These are described in this Will as � my children," or as "a child of mine." Any person born to or adopted by issue of mine is to be included as issue of mine. Provided, however, no adopted person shall benefit under this l��ill unless the order or decree of adoption is entered before the adopted person attains the age of twenty-one (21) years. ITEM II: Death Taxes. I direct that all inheritance and estate taxes becoming due by reason of my death, whether payable by my estate or by any recipient of any property, shall be paid by the Executor out of the residue of iny� estate; as an expense and cost of administration of my estate, except t:hat no taxes shall be charged against any gift qualifying for the marital or charitable deduction in my estate. The Eaecutor shall have no duty or obligation to obtain reimbursement for any such tax so paid, even though on proceeds of insurance or other property not passing under this 1��i11. ITEA2III: Debts and Final Exnenses. I direct the Executor to pay the expenses of my last illness, my legally enforceable debts, and my funeral expenses from the residue of m}> estate as an expense and cost of administration of my estate. Page 1 ��H ITEM IV: Cash Gifts. If I predecease my wife, I make the following cash gifts: (i) To each of my children who survive me, the sum of T4VENTY-FIVE THOUSAND ($25,000) DOLLARS, to be paid in two (2) installments. The first installment, in the amount of THIRTEEN THOUSAND ($13,000) DOLLARS, shall be paid as soon as practical after my death. The second installment, in the amount of TWELVE THOUSAND ($12,000) DOLLARS, shall be paid on or near the first anniversary of my death. (ii) To my sister, MARTHA HENEGAR, if she survives me, the sum of FIVE THOUSAND ($5,000) DOLLARS; and (iii) To my nephew, LEROY HIPPENSTEEL, if she survives me, the sum of FIVE THOUSAND ($5,000) DOLLARS. ITEM V: Taneible Personal Propertv. (a) Written List. I may leave a written list in my safe deposit box or elsewhere disposing of certain items of my tangible personal property. The Executor shall dispose of items of my personal property as specified in the written list. If no written list is found in my safe deposit box or elsewhere and properly identified by the Executor within thirty (30) days after the probate of my Will, it shall be presumed that there is no other statement or list. Any subsequently discovered list shall be ignored. (b) If Wife Survives. If I die before my wife, SHIRLEY M. HIPPENSTEEL, I give to her al] my tangible personal property not set forth in the written list referenced in paragraph (a), including but not limited to, all of my household furniture and furnishings, books, pictures, jewelry, silverware, automobiles, wearing apparel and ali Page 2 J�� other articles of household or personal use or adornmeut and all policies of insurance thereon. (c) If 1��ife Predeceases. If I survive my wife, I give any property of the type described in paragraph (b) and not set forth in a written list to my children, to be divided among them as they shall agree. Should there be no agreement, the �xecutor shall divide this property among them in as nearly equal portions as the Executor, in the discretion of the Executor, deems appropriate, having due regard to the personal preferences of the beneficiaries. ITEM VI: Residue. I give the residue of my estate, not disposed of in the preceding portions of this 4Vi11, as follows: (a) Credit Trust. To my daughter, CAROLYN L. ACKER and ING NATIONAL TRUST as Trustees, herein collectively referred to as "Trustee," IN TRUST, to be administered and distributed as provided in ITEM VII, a fraction of my residuary estate. The numerator shall be a sum equal to the largest amount that can pass free of Federal estate tax under my Will by reason of the applicaUle credit amount and the state death tax credit (provided that the use of this credit does not require an increase in state death taxes) allowable to my estate but no other credit and after taking account of dispositions under other items of this Will and property passing outside of this 1��i11 which do not qualify for the marita] or charitable deduction and after taking account of charges to principal that are not allowed as deductions in computing my Federal estate tax. The denominator shail be the value of my residuary estate. For purposes of establishing this fraction, the values finally fixed in the Federal estate tax proceeding relating to my estate shall be used. I recognize thaY, the numerator of such fraction may be zero (0); in which case no property shall pass to this Trust. I also recognize that the numerator may be affected by the action of the Executor in exercising certain tax elections. Page 3 �� ,' , � . . , , I£, at the time of my death, the federal estate tax and the federal generation skipping transfer tax do not exist or do not apply to my estate, the provisions of my VVill shall be interpreted as if I had died in 2009, so that The Hippensteel Family Credit Trust is funded and administered as would have been the case had I died in 2009. (b) AZarital Gift. The balance of my residuary estate shall be paid eo my wife, SHTRLEY DZ. HIPPENSTEEL, if she survives me. If she does not suivive me, the residue shall be distributed as provided in ITEM VII. ITEAZ �JII: Annlicable Credit Trust. The following provisions shali apply to the Trust established by ITEM VI {a): (a) Name of Trust. This Trust shall be known as The Hippensteel Family Credit Trust. (b) Income to Suouse. The Trustee shall pay to or for the benefit of my wife, SHIRLEX M. HIPPENSTEEL, all of the net income of this Trust in convenient installments, but not less frequently than annually. (c) Princioal to Snouse. The Trustee shall pay to m3r wife, SHIRLEY M. HIPPENSTEEL, so much of the principal of this Trust as may be necessary in the discretion of the Trustee for the reasonable support, maintenance, education and health care of my wife. (d) Death of Spouse. Upon the death of my wife, the Trustee shall divide the principal into as many equal parts as there are then living children of mine and tl�en deceased children of mine represented by then living issue. The Trustee shall distribute one (1) share to each living chiid and one (1) share to the then living issue of each deceased child, per stirpes. However, af any issue of a deceased child has not attained the age of thirty-five (35) years at the time of distribution, the Page 4 � share of the beneficiary who has not attained that age shall be held by the Trustee, IN TRUST, for his or her benefit in accordance with paragraph (e) of this Item. (e) Trust for Issue. In each Trust established for a beneficiary under the age of thirty-five (35) years (each the "Beneficiary" of his or her Trust): (i) Net Income. The Trustee shall pay to the Beneficiary in convenient, at least annual, installments so much of the net income as the Trustee, in the discretion of the Trustee, considers necessary for the proper support, maintenance, health care and education, inciuding college or other post-secondary education, of the Beneficiary. Income not distributed shall be accumulated and added to principal. (ii) Princival. The Trustee shall also pay to or f6r the benefit of the Beneficiary so much of the principal as is necessary, in the discretion of the Trustee, for the proper support, maintenance, health care and education, including college or other post-secondary education, of the Beneficiary. (iii) Termination of Trust. Upon the attainment of the age of thirty (30) years by the Beneficiary, the Trustee shall pay to the Beneficiary one-half of the principal of his or her Trust. Upon the attainment of the age of thirty-five (35) years by the Bene�ciary, the Trust shall terminate and the Trustee shall pay to the Beneficiary the remaining assets of the Trust. (iv) Death before Termination. Should the Bene£iciary die before final distribution of the assets of Page 5 !�/�/f his or her Trust, the Trust shall terminate and the Trustee shall pay the assets of the Trust to the then living issue of the Beneficiary, per stirpes. However, if any issue has not attained the age of twenty-five (25) years at the time of distribution, the Trustee shall continue to hold the share for that issue as Custodian under the Pennsylvania Uniform Transfers to Minors Act for the benefit of that issue. (fl Trust Without Beneficiaries. If before final distribution of the assets of any Trust established for my issue, there is no living beneficiary of that Trust, it shall terminate. The assets of the Trust shall be paid to the then living issue, on a per stirpital basis, of the nearest deceased ancestor (with issue living at the time of distribution) of the Beneficiary who is me or my issue. However; if there is then in existence any trust created under this V��ill for the benefit of that issue, the share which would have been distributed to that issue shall be added to the principal of his or her trust, to be administered and distributed as provided in this V�Till. (g) Failure of Issue. In the event I am not survived by my wife or any issue, or if there are no issue of mine surviving upon the termination of any trust, the residue (or principal) shall be divided in two (2) equal parts. One part shall be paid to those persons who would then be entitled to my estate under the intestate laws of Pennsylvania then in effect as if I had died at that time intestate. One part shall be paid to those persons who would then be entitled to my wife's estate under tl�e intestate laws of Pennsylvania then in effect as if my v��ife had died at that time intestate owning that part of my estate. ITEM VIII: S�endthrift Clause. No part of the income or principal of any Trust created by this �'ill shall be subject to attachment, levy or seizure by any creditor, spouse, assignee or trustee or receiver in bankruptcy of any beneficiary prior to his or her actual receipt of income or principal distributed. The Trustee shall pay the net income and the principal to the beneficiaries specified by Page 6 � me, as their interests may appear, without regard to any attempted anticipation, pledging or assignment, and without regard to any claim or attempted levy, attachment, seizure or other process against the beneficiary. ITEM I%: Administrative Powers. In addition to the powers granted at law, the Executor and the Trustee shall each possess the following powers, each of which shall be construed broadly and may be exercised without court approval, but in a fiduciary capacity onlg: (a) Retain Investments. To retain any investments I have at my death, including specifically those consisting of stock of any bank even if I have named that bank as the Executor or Trustee. (b) Varv Investments. To vary investments, to make loans, and to invest in bonds, stocks, notes, real estate mortgages or other securities or in other property, real or personal, without being restricted to so-called "legal investments", and without being limited by any statute or rule of law regarding investments by fiduciaries. (c) Division of Assets. In order to divide the principal of a Trust or for any other purpose, including final distributions, the Executor and Trustee are authorized to divide and distribute personal property and real property, partly or wholly in kind, and to allocate specific assets among beneficiaries and Trusts so long as the total market value of each share is not affected by the division, distribution or allocation in kind. The Executor and Trustee are each authorized to make, join in and consummate partitions of lands, voluntarily or involuntarily, including giving of mutual deeds, or other obligations, with as wide powers as an individual owner in fee simple. (d) Seli Assets. To sell either at public or private sale real and personal property severally or in conjunction with other persons, and to consummate sale(s) by deed(s) or other instrument(s) to the purchaser(s), conveying a fee simple title. No purchaser shall be obligated to see to the application of the purchase money or to make Page 7 � inquiry into the validity of any sale(s). The Executor and Trustee are authorized to execute, acknowledge and deliver deeds, assignments, options or other writings as necessary or convenient to any of the power conferred upon the Executor and Trustee. (e) Encumber Real Estate. To mortgage real estate, and to make leases of real estate. (fl Borrow Monev. To borrow money from any person, including the Executor or Trustee, to pay indebtedness of mine or of my estate, expenses of administration or inheritance, legacy, estate and other taxes, and to assign and pledge assets of my estate or any Trust established by this Will. (g) Pav Costs. To pay all costs, taxes, expenses and charges in connection with the administration of my estate or any Trust established under this Will. (h) Distributions without Court Order. To make distributions of income and of principal to the proper beneficiaries, during the administration of my estate, with or without court order, in such manner and in such amounts as the Executor deems prudent and appropriate. (i) Vote Stock. To vote shares of stock which form a part of my estate or any Trust established under this Will, and to exercise all the powers incident to the ownership of stock. (j) Reoreanize. To unite with other owners of property similar to property in my estate to carry out plans for the reorganization of any company whose securities form a part of my estate. (k) Disclaim. To disclaim any interest in property which would devolve to me or my estate by whatever means, including but Page 8 �' not limited to the foliowing means: as beneficiary under a will, as an appointee under the exercise of a power of appointment, as a person entitled to take by intestac��, as a donee of an inter vivos transfer, and as a donee under a third-party beneficiary contract. (1) Tax Returns. To prepare, execute and �ile tax returns of an�� type required by applicable law, including but not limited to �iling a joint tax return with my surviving spouse, and to make all tax elections authorized by law. (m) Emnlov Advisors. To employ custodians of property, investment or business advisors, accountants and attorneys as the Executor or Trustee deems appropriate, and to compensate these persons from assets of my� estate or trust, without affecting the compensation to which the Executor and Trustee are entitled. (n) Divide Trusts. To divide any Trust created in this Will into two or more separate Trusts so that inclusion ratio for purposes of the generation-skipping transfer tax shall be either zero or one, in order that an election under Section 2652(a)(3) of the Internal Revenue Code ma}� be made with respect to one of the separate Trusts, or for any other reason. (o) Allocate Expenses. To allocate administrative expenses to income or to principal, as the Executor or Trustee deems appropriate. However, no allocation to income shall be made if the effect of the allocation is to cause a reduction in the amount of any estate tax marital deduction or estate tax charitable deduction. (p) Adiust Basis. To make any adjustme�at to basis authorized by law, including, but not limited to increasing the basis of any property� included in my estate, whether o2• not passing under this \��ill, by allocating any amount by which the bases of assets may be increased. The Executor shall be under no duty and shall not be required to allocate basis increase exclusively, primarily, or at all to Page 9 f�_ assets which pass as part of my probate estate as opposed to other property for which a basis adjustment is allowable. The Executor shall allocate basis increase equitably among those beneficiaries receiving property as a result of my death, but shall not be liable to any person, nor subject to removal or surcharge, for any reasonable allocation of basis increase. (q) Comnromise Claims. To compromise ciaims. (r) Terminate Trust. To terminate any trust, if in the opinion of the Trustee, the expense of administration of the trust is not justified. Upon termination, the Trustee shall distribute the trust property to the person(s) then entitled to receive or have the benefit of the income therefi•om. If there is more than one current income beneficiary, the Trustee shall distribute trust assets to the income beneficiaries in the proportion in which they receive income, or if no proportion is designated, in equal shares to the income beneficiaries. This power may only be exercised by a Trustee who is an independent Trustee, and this power shall be ineffective to the extent that the effect of the power is to vest in any Trustee or beneficiary a general power of appointment. (s) Other Acts. To do all other acts in his or her judgment necessary or desirable for the proper and advantageous management, investment and distribution of the estate and Trusts established under this VVill. ITEM X: Accountine. The Trustee, on an annual basis, shall provide each income beneficiary who has attained the age of eighteen (18) years, and the Guardian of the person of any income beneficiary who has not attained the age of eighteen (18) years, stateinents showing transactions of each Trust established for the bene�t of that beneflciary. The beneficiary, or the Guardian of the person of such beneficiary, may waive this right to receive an annual accounting. The Trustee may, at any time, settle any account, or questions concerning the administration of any Trust established under this Will, by Page 10 � agreement with the then qualified beneficiaries (as defined in the Pennsylvania Uniform Trust Act) of the Trust, if legally competent, or if not legally competent, with the Guardian of the person of the beneficiary, the legally competent spouse of the beneficiary, or the oldest legally competent relative of the beneficiary who would take a portion of the estate of the beneficiary were the beneficiary to die at that time intestate under the laws of the Commonwealth of Pennsylvania. Any settiement made in accordance with this Item shall bind all persons who have an interest in the Trust, and shall constitute a release and discharge of the Trustee with respect to transactions specified in the settlement. ITEM XI: Distributions to ox� for Beneficiaries. The Trustee is authorized to distribute principal and/or income in any one or more of the following ways if the Trustee, in the discretion of the Trustee, considers the beneficiary unable to apply distributions to the beneficiary's own best interests, or if the beneficiary is under a legal disability: (a) To Beneficiarv. Directly to the beneficiary; (b) To Guardian or Conservator. To the legal guardian or conservator of such beneficiary; (c) To Custodian. To the Trustee, or to another person selected by the Trustee, as custodian under the Pennsylvania Uniform Transfers to Minors Act as to a beneficiary under the age of twenty- five (25) years; (d) To a Relative. To a relative of the beneficiary, to be expended by that relative for the benefit of the beneficiary; or (e) _D__irect Exnenditure. By directly applying distributions for the benefit of the beneficiary. ITEM XII: Merger of Trusts Should my wife, SHIRLEY M. HIPPENSTEEL, by Will or Agreement of Trust, establish Trusts similar to the Trusts I have established for the benefit of my issue, the Trustee of Page 11 �f each Trust created in this Will shall have the right to merge it with the similar Trust created by my wife for the same beneficiaries. If inerged, the Trustee shall operate the merged Trusts as a single Trust. ITEM �III: Survival. Any person, other than my� wife, who has died within thirty (30) days of my death, or under such circumstances that the order of our deaths cannot be established by proof, shall be deemed to have predeceased me. If my wife and I die simultaneously, or under such circumstances that the order of our deaths cannot be established by proof, my wife shal] be deemed to have survived me. Any person (other than myselfl who has died at the same time as any then beneficiary under this 1�Ti11 or in a common disaster with that beneficiary, or under such circumstances that the order of deaths cannot be established by proof, shall be deemed to have predeceased that beneficiaiy. ITEM XIV: Trust Situs. The initial situs of each Trust created under this VVill shall be the county where I am domiciled at the time of my death. The Trustee may determine, from time to time, to change the situs of an}� Trust established under this Will. However, no change in situs shall be effective until written notice is provided to the living beneficiaries of the Trust. ITEM XV: Executors and Trustees. I make the following provisions with respect to Executors and Trustees: (a) Initial Executor and Trustee. I appoint my daughter, CAROLYN L. ACKER, to serve as Executor. I appoint my daughter, CAROLPN L. ACKER and ING NATIOI�TAL TRUST to serve as Trustees, herein collectively referred to as "Trustee". (b) Successor Executor. In the event that my daughter is unable or refuses to serve as Executor, I appoint my sister-in-law, ESTHER A�OONEI', to serve as Executor. (c) Co-Trustees and Successor Trustees. Each person serving as a sole Trustee shall have the power to appoint a Co-Trustee. Each Trustee shall have the power to appoint his or her successor in office. i//�/� (d) Power to Remove Trustee. Any Trustee or Co-Trustee appointed by a Trustee may be removed by that Trustee. My daughter, CAROLI'N L. ACKER, and any other individual serving as Trustee shall have the power to remove any institutional Trustee, provided she first appoints another institutional Trustee which accepts the appointment. (e) Method of Apuointment and Removal Each appointment or removal of a Trustee shall be in writing and shall be filed with the court in the jurisdiction which is tl�e situs of the Trust. The written instrument shall be signed by the person having the power to make the appointment or removal. (� Temporarv Trustee. Each Trustee shall have the power to designate a temporary Trustee by an instrument in writing delivered to such temporary Trustee. The temporary Trustee shall serve as such only during the legal incapacity of the appointing Trustee, or, during such period of time as the appointing Trustee in writing designates, and upon the expiration of that time, or at such time as the legal incapacity of the appointing Trustee ceases, the appointing Trustee shall once again become the Trustee. (g) Resienation. Any Trustee may resign upon ninety (90) days written notice to tl�e then income beneficiary and each adult sui juris remainder beneficiary of the Trust; provided, however, that the resignation shall not become effective unti] and unless at least one person is then serving as Trustee of the affected Trust. (h) Deleeation. Any Trustee may delegaCe investment and related management functions to another Trustee, provided the other Trustee accepts the delegation in writing. To the extent accepted, the delegating Trustee shal] be relieved of responsibility for the investment decisions of the Trustee to whom investment and related management functions were delegated. Page 13 ✓�� . _ ; . i (i) Res onsibilit . No Trustee shall be responsible for the acts or omissions of any other Trustee. (j) Dutv to Investigate. In the absence of actual knowledge of a breach of trust, or information concerning a possible breach of trust that would cause a reasonable person to inquire, a successor Trustee is under no duty to examine the accounts and records of any predecessor Trustee, or to inquire into the acts or omissions of such predecessor, is not liable for any failure to seek redress for any act or omission of such predecessor, shall have responsibility only for property which is actually delivered to the Trustee by such predecessor and shail have all of the powers conferred upon a Trustee hereunder. (k) Compensation. The Executor and Trustee shall have the right to receive reasonable compensation for services rendered and reimbursement for reasonable expenses. (1) Standard of Care. The Trustee shall not be liable or accountable for any loss that may result from the good faith exercise of the authority granted in this Will. This shall specifically inciude decisions of the Trustee with respect to discretionary distributions of income and/or principal to any beneficiary. (m) Securitv. The Executor and Trustee are specificaliy relieved from the duty of filing bond or entering security. IN WITNESS WHEREOF, I have set my hand and seal to this, my Last Will and Testament, consisting of this and the preceding thirteen (13) pages, at the end of each page of which I have also set my initials for greater security and better identification this /S day of �t,.Qx, , 2ple, ) ���� ^ (SEAL) N H. HIP D� TEEL VVe, the undersigned, hereby certify that the foregoing VVill was signed, sealed, published and declared by the above-named Testator as and for his Last VJill and Testament, in the presence of us, who, at his request and in his presence and in the presence of each other, have hereunto set our hands and seals the day and year first above written, and we certify that at the time of the execution thereof, the Testator wa sound and disposing mind and memory. (SEAL) Residing at � � %rr L/J+�� _ G�ew�S �e/'�,� /�� � � � (SEAL) Residing at �� c�9"�S a�/ J � ACKNOVVLEDGDZENT COMMON��EALTH OF PENNSYLVANIA ) ) SS: COUNTZ' OF CU�) �IX��-d- ) I, JOHI�T H. HIPPENSTEEL, Testator, whose name is signed to the attached or foregoing instrument, having been duly qualified according to law, do hereby acknowledge that I signed and executed the instrument as my Last �T�ill and Testament; that I signed it willingly; and that I signed it as my free and voluntary act for the purposes therein expressed. /�/� (SEAL) J H. HIPPE� EEL Sworn to and subscribed before me this �S day of �U�l� , 20/O . .� l�T � blic My Commission Expi��es: /�t� ��i��� (SEAL) � � t�w►�w�wm+o � � ur.a��tw'u�000 Mr ca�ara�,t,�x«ww n.toit AFFIDAVIT COMMONWEALTH OF PENNSYLVANIA ) �Uw� 1��La.-�'t�' ) ss: COUNTY OF ) We, �r"�L F{ . �uL� and C�� �2_ �. ��-`�'��, the 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 Testator, JOHN H. HIPPENSTEEL, sign and execute the instrument as his Last Will and Testament; that Testator signed willingly and that he executed said Will 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 that time eighteen (18) or more years of age, of sound mind and er no constraint or undue influence. � � � � Witness Witness Sworn to and subscribed before me this /,� day of TUllJ. , 20/D. � N a ublic My Commission Expires: �� p t�j ��� (SEA � Noweu�� wu v�u�t w�wnMo No►an ruore 1N�NAtINI1rY►GMAI[IILAND MI�CqMM�MOn ftpMM MoY�.!Ol!