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HomeMy WebLinkAbout10-23-13 (2) 4 , 15056101L10 REV-1500 EX (02-11)(Fl) OFFICIAL USE ONLY PA Department of Revenue Bureau of Individual Taxes County Code Year File Number PO BOX 280601 INHERITANCE TAX RETURN i rZ r�t7}r Hamstrung, PA 17128-0601 RESIDENT DECEDENT ! J 45 ENTER DECEDENT INFORMATION BELOW 0 1 3 1 2 0 1 3 1 2 0 5 1 9 7 0 Decedent's Last Name Suffix Decedent's First Name MI S h a t z e r K a t h y D (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW 0 1. Original Return E] 2. Supplemental Return 3. Remainder Return(Date of Death Prior to 12-13-82) 4, Limited Estate 4a. Future Interest Compromise(date of 5. Federal Estate Tax Return Required death after 12-12-82) Q 6. Decedent Died Testate 7, Decedent Maintained a Living Trust 8.Total Number of Safe Deposit Boxes (Attach Copy of Will) (Attach Copy of Trust.) E] 9. Litigation Proceeds Received 10. Spousal Poverty Credit(Date of Death 11. Election to Tax under Sec.9113(A) Between 12-31-91 and 1-1-95) (Attach Schedule O) CORRESPONDENT-THIS SECTION MUST BE COMPLETED,ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOyLD BE DIRECTED TO: Name Daytime TaiePhor, umber CD D a v i d W R a h a u s e r ;7 1 7c_i 2 .N ' 3 2 3 9 --- ' - rREGIl OF WILTS USE ONLY ?t CJ Q O CD First Line of Address cr r.> C U —,I 1 5 7 E W a s h i n g t o n S t r e e t rV r r Second t-ine of Address -p L{ (A O i> r City or Post Office State ZIP Code l__.. DATE FILED C h a rn b e r s b u r g P A 1 7 2 0 1 Correspondent's e-mail address: dwruldwrlaw•us Under penalties of perjury.I declare that I have examined this return,including accompanying schedules and statements,and to the best of my knowledge and belief, it is troe,correct and compVete.Declaration or preparer other than the personal representative is based on all information of which preparer has any knowledge. SI�yATUk O PERS N RE OnNISIBLE FOR RUNG RETURN DATE ADDRE-ESSS�� r7zzs 51 T F P R R OTH HA RE^PR.ESENTATIVE DATE A117RESS 157 E Washington Street Chambersburg PA 17201 PLEASE USE ORIGINAL FORM ONLY Side 1 1505610140 1505610140 �,_. � � \, � �� �� � v 1505610240 REV-1500 EX(Fl) RECAPITULATION 1, Real Estate(Schedule A) ... ... . ... ... . . .. . . .. . .. ... . 2. Stocks and Bonds(Schedule B) . _ . r . . . . . . . . . . . . . . . . . . . . . . . . . 2. 3. Closely Held Corporation.Partnership or Sole-Proprietorship(Schedule C) .. ... 1 4 Mortgages and Notes Receivable(Schedule D) . . . . . . . . . . . . . . . . . . . . . . . . . . 4. 5. Cash, Bank Deposits and Miscellaneous Personal Property(Schedule E), 5. 1 2 1 L 4 5 1 3 6, Jointly Owned Property(Schedule F) ❑ Separate Billing Requested 6. 7. Inter-Vivos Transfers&Miscellaneous N Probate Property (Schedule G) Separate Billing Requested . 7. 8. Total Gross Assets(total Lines 1 through 7) . . . . . . . . . . . . . . . . . . . . . . 8. 1 2 1 6 4 5 1 3 9. Funeral Expenses and Administrative Costs(Schedule H) . . . . .. . . . . .. . .. 9 1 6 8 5 3 1 5 10. Debts of Decedent, Mortgage Liabilities, and Liens(Schedule 1) . . . . 10, 2 6 6 0 8 6 11. Total Deductions(total Lines 9 and 10) . .. .. . . ... .. . . .. . .. 11. 1 9 5 1 4 0 1 12, Net Value of Estate(Line 8 minus Line 11) . . . . . . .. . .. . . . . . . . .. . . . . . . . . 12. 1 0 2 1 3 1 1 2 13. Charitable and Governmental Bequests/See 9113 Trusts for which an election to tax has not been made(Schedule J) . . . . . . . . . . . . . .. . .. . .. . 13. 14, Net Value Subject to Tax(Line 12 minus Line 13) .. . .. . . .. ... . 14. 1 0 2 1 3 1 • 1 2 TAX CALCULATION-SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate,or transfers under Sec.9116 (a)(1.2)X,0 _ 0 0 a 15. 0 . 0 0 16. Amount of Line 14 taxable at lineal rate X 04 1 0 2 1 3 1 1 2 16, 4 0 8 5 . 2 4 17. Amount of Line 14 taxable at sibling rate X.12 0 . 0 0 17. 0 . 0 0 18. Amount of Line 14 taxable at collateral fate X.15 0 , 0 0 18. 0 . 0 0 19 TAX DUE . . .. . ... . . . . . ... ... . .. . .. . .. . .. . .. .. . .. . .. . .. . .. . .. . 19. 4 0 8 5 . 2 4 20, FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT ❑ Side 2 1505610240 1505610240 REV-1500111-X(171) Page 3 File Number Decedent's Complete Address: D o ,DECEDENT'S NAME Kathy D. Shatzer STREET ADDRESS 303 N . Faye_ e Street; Apt_7 ---- ---- CITY STATE ZIP Shippensburg PA 17257 Tax Payments and Credits: 1. Tax Due(Page 2,Line 19) (1) 4,085.24 2. Credits/Payments A.Prior Payments B.Discount Total Credits(A+B) (2) 0.00 3. Interest (3) 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 S. If Line 1+Line 3 is greater than Line 2,enter the difference.This is the TAX DUE. (5) 4,085- 24 Make check payable to: REGISTER OF WILLS, AGENT PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No ar retain the use or income of the property transferred ...................................................................... ❑ ❑ b, retain the right to designate who shall use the property transferred or its income ........................... 171 El retain a reversionary interest ........... ....__................................................................................. ❑ ❑ d. receive the promise for life of either payments,benefits or care? ...... ........ ❑ ❑ 2. If death occurred after December 12, 1982,did decedent transfer property within one year of death without receiving adequate consideration? ................. . .. . ............. ❑ ❑ 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?................................................ ................................................. ❑ ❑ 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 is 3 percent[72 RS.§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 PS.§911e(a)(1)f. • 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. REV-1806TXI(08-12) pennsylvania SCHEDULE E DEPARTMENT OF REVENUE CASH, BANK DEPOSITS & MISC. INHERITANCE TAX RETURN RESIDENT OECEDENT PERSONAL PROPERTY ESTATE OF: FILE NUMBER: Kathy D. Shatzer 0 0 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 VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. Orrstown Bank Acct No . 103007750 104 ,162. 41 2. Car Insurance Premium Refund 549.66 3• Tax Refund 11029.00 4 . 2008 Honda Accent Blue Book Value 81000.00 5• Mitsubishi Lancer Blue Book Value 2,500.00 6. Fidelity Investment 401k Account No- 5,404 .06 TOTAL(Also enter on Line 5,Recapitulation) $ 121,645 - 13 If more space is needed,use additional sheets of paper of the same size. REV-1511,EX*(10-09) pennsylvania SCHEDULE H DEPARTMENT OF REVENUE FUNERAL EXPENSES AND INHERITANCE TAX RETURN ADMINISTRATIVE COSTS RESIDENT DECEDENT ESTATE OF FILE NUMBER Kathy D . Shatzer 0 0 Decedent's debts must be reported on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1. Geisel Funeral Home 7 ,141. 40 B. ADMINISTRATIVE COSTS: 1. Personal Representative Commissions: Name(s)of Personal Representatives) Kimberly Trace 5,812 -00 Street Address 10855 Burkett Road City Greencastle State PA Zip 17257 Years)Commission Paid: z. AhomeyFees: David W . Rahauser 3,500.00 3, Family Exemption:(If decedent's address is not the same as claimant's,attach explanation.) Claimant Street Address City State ZIP Relationship of Claimant to Decedent 4. Probate Fee Register of Wills 215. 00 5 Accountant Fees: 6. Tax Return Preparer Fees: 7, Legal Ads - News Chronicle ($104 . 75 Legal Journal $75 . 00 179. 75 8 • Short Certificate 5 . 00 TOTAL(Also enter on Line 9,Recapitulation) $ 16,853- 15 If more space is needed,use additional sheets of paper of the same size. REV-1'512 EX+(12-12) pennsylvania SCHEDULE I DEPARTMENT OF REVENUE DEBTS OF DECEDENT, INHERITANCE TAX RETURN MORTGAGE LIABILITIES & LIENS RESIDENT DECEDENT ESTATE OF FILE NUMBER Kathy D . Shatzer 0 0 Report debts incurred by the decedent prior to death that remained unpaid at the date of death,including unreimbursed medical expenses. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. Penelec 481 . 11 2 • State Farm Insurance 130 .04 3 Comcast Cable — Final bill 190 .66 4 AT & T Mobility 175 . 24 5 Dr . Baxter Wellmon 69 .28 6 Chambersburg Hospital— co—pays 300 .00 7 H & R Block— 2012 Tax Preparation 184 . 00 8 Professional Corp . of Pennsylvania 517 . 53 9 APIRA Health Care 461 . 85 10 Young ' s Mechanical Equipment 151. 15 TOTAL(Also enter on Line 10, Recapitulation) $ 2,660 - 816 If more space is needed, insert additional sheets of the same size. REb-1513 tx�,(o1-1o) pennsylvania SCHEDULE J DEPARTMENT OF REVENUE INHERITANCE TAX RETURN BENEFICIARIES RESIDENT DECEDENT ESTATE OF: Kathy FILE NUMBER:D . Shatzer 0 0 RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSONS)RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE TAXABLE DISTRIBUTIONS [Include outright spousal distributions and transfers under Sec.9116(a)(1.2),) 1, Yvette Eileen Starr Lineal 243 Mealey Pkwy Hagerstown, MD 21742 2 • Dillon Scott Starr Lineal 637 Pine Mountain Drive Fayetteville, PA 17222 3 • Preston William Facion, II Lineal 417 Stock Street Hanover, PA 17331 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18 OF REV-1500 COVER SHEET,AS APPROPRIATE, 11. NON-TAXABLE DISTRIBUTIONS: A.SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN: 1. B.CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS: 1. TOTAL OF PART 11 - ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET. $ If more space is needed,use additional sheets of paper of the same size. I KATHY D. sHATZEx 1, Kathy D. Shatzer, of the Borough of Shippensburg, Cumberland County, Pennsylvania, being of sound and disposing mind, memory and understanding, do hereby make, publish and declare this instrument as and for my last will and testament, hereby revoking any and all wills and testaments by me at any time heretofore made. ITEM I: 1 direct that all expenses of my last illness, including hospital expenses, expenses for medical care, funeral expenses and the cost of the grave marker, as well as all debts or obligations owed by me at the time of my death, which in the opinion of my Executrix is not subject to either a legal or equitable defense, shall be paid from my residuary estate, unless otherwise provided herein as soon as practicable after my decease, as part of the expense of the administration of my estate. ITEM I1: 1 give, devise and bequeath all of my estate real, personal and mixed of every nature and wherever situate to my three children in equal shares: A. Yvette Eileen Starr B, Dillon Scott Starr C. Preston William Facino, II ITEM III. If any one of my children is not living at the time of my death, but leave children to survive him/her, then the surviving children shall share equally that portion belonging to my deceased child, per stirpes. If any of my said children shall die leaving no lawful issue, then his or her share shall lapse and shall pass to the surviving siblings. ITEM IV: I direct that the legacy or share of real or personal property falling to any child not having attained the age of 21 years under the provisions of this my last will and testament shall be retained IN TRUST, to invest and reinvest the same, to collect the income, and after paying all expenses incident to the management of the trust, to use and apply as much of the net income and principal as may be necessary in the sole discretion of my Trustee for the child's support, well being and education. I direct that such payments shall be made without the intervention of a guardian, and the receipt of such person as may be selected by my trustee to disburse such payments shall be sufficient acquittance. Should any such child not use any part of the remaining principal and any accumulated income for the aforementioned purposes, the Trustee shall pay the balance of principal and any accumulated income upon the child's reachiS his 215 'larth.Qyp terminating the trust. Ca m rn o -2 v While in the hands of my Trustee and until actually paid ovP ors-'"-q[e4ivMd twP9 person entitled thereto, the interest of the beneficiary in the incom `qy MnciR in-�rfy� h c7 c> C7 c� =3 -n -Yl ti r-, to 0 c,s m ITEM V: I appoint Orrstown Bank of Shippensburg, Pennsylvania, Trustee of the trust created by this my last will and testament. ITEM VI: I appoint Kimberly Trace, Executrix of this my Last Will and Testament. ITEM VII: I direct that my Executrix as well as her successors, shall not be required to give bond for the faithful performance of their duties in any jurisdiction and that my Executrix and Trustee shall receive compensation in accordance with their schedule of fees in effect from time to time during the period over which their services are performed. ITEM VIII: All estate, inheritance, succession and other death taxes, imposed or payable by reason of my death, and interest and penalties thereon, with respect to all property shall be paid out of the principal of my general estate, as if such taxes were administration expenses and shall be paid without apportionment or right of reimbursement. IN WITNESS WHEREOF,.I have hereunto set my hand and seal this �t.�,�l.� day of 12013. ,')KATHY D. SHA ZER },�pNWEALTH F N 3YLVA Nofadal Seal Barbara J.Lange,Notary Publk Chemberaburp Boron FrenlUin CounH . .Nry_Commleabn 6r a 6,2013 The preceding instrument consisting of this and other typewritten pages, identified by the signature of the Testatrix was the day and date thereof signed, sealed, published and declared in the sight and presence of us, who, at her request, in her sight and presence and in the sight and presence of Kathy D. Shatzer, the Testatrix, herein named, as and for her last will and testament in the presence of each other, have hereunto subscribed our names as witnesses. David W. Rahauser Betty H. Iles u COMMONWEALTH OF PENNSYLVANIA SS COUNTY OF We, Kathy D. Shatzer, David W. Rahauser, Betty H. Ile, the Testatrix and the witnesses, respectively, whose names are signed to the foregoing instrument, being first duly sworn, do hereby declare to the undersigned authority that the Testatrix signed and executed the instrument as her last will and testament and that she signed willingly, and that she executed it as her free and voluntary act for the purposes therein expressed, and that each of the witnesses, in the presence and hearing of the Testatrix, signed the will as witness and that to the best of their knowledge, the Testatrix was at that time eighteen years of age or older of sound and disposing mind and under no constraint or undue influence. Kathy D. Shatzer David W. Rahauser v Betty H. Ile Subscribed, sworn to and acknowledged before me by Kathy D. Shatzer, Testatrix, David W. Rahauser and Betty H. Ile, witnesses, this day of �r 2013. Lan- Notary P i�1bi c 0 CO M NWFALTH F P NNSYIVANIA Notarial Seal Barbara J.loops,Notary Public Chambemburg Born,Franklin County My Commiaalon Expires May u`,2013 ember, ennsw ams As" n of Nolartes Pennsylvania DEPARTMENT OF REVENUE BUREAU OF INOJVFDUAL TAXES October 17, 2013 DAVID W RAHAUSER 157 E WASHINGTON ST CHAMBERSBURG, PA 17201 Re: Estate of: KATHY D SHATZER Social Security Number: 169-56-4461 File Number: 2113-0245 Dear Sirs: The Department issues this waiver for the following security held in beneficiary format by the decedent. The security will be subject to Pennsylvania inheritance tax. The Department will issue an information notice to the transferee of the potential Pennsylvania inheritance tax due for this asset. A copy of this waiver is to be used by you to notify the transfer agent that the reporting requirements of Section 6411 of the Probate Estates and Fiduciaries Code (Title 20, Chapter 64, Pennsylvania Consolidated Statutes), have been satisfied. Name of Company: FIDELITY INVESTMENTS Type of Account(s): Other ID Number(s) 12409 Account Balance(s): $5,404.06 Sincerely, Deneen Gethouas-- Inheritance Tax Division Department of Revenue I PO Box 2806011 Harrisburg, PA 11.77..28 1 71.7.787.1794 1 www.revenue.state.pa.us