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HomeMy WebLinkAbout01-14-14 1505610143 REV-1500 Ex(o2_„> PA Department of Revenue y OFFICIAL USE ONLY p Penns Ivania County Code Year File Number Bureau of Individual Taxes DEPARTMENT OF REVENUE PO BOX.280601 INHERITANCE TAX RETURN 21 13 0474 Harrisburg, PA 17128-0601 RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death Date of Birth 04 06 2013 05 14 1943 Decedent's Last Name Suffix Decedent's First Name MI KIRK CAROL O (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 X 1. Original Return ❑ 2. Supplemental Return ❑ 3. Remainder Return(Date of Death Prior to 12-13-82) ❑ 4. Limited Estate ❑ 4a.Future Interest Compromise ❑ 5. Federal Estate Tax Return Required (date of death after 12-12-82) O 6 Decedent Died Testate ❑ 7 eceder t Maiof ned a Living Trust 0 B. Total Number of Safe Deposit Boxes (Attach Copy of Will) CC pY 9. Litigation Proceeds Received 10.S ousal PovertY Credit(Date of Death 11,Election to tax under Sec.9113(A) ❑ ❑ b�tween 12-31. 1 and 1<-1-95) (Attach Schedule 0) CORRESPONDENT-THIS SECTION MUST BE COMPLETED.ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone}+t nber, JERRY R DUFFIE (706 761 '4540 rn REGI�'E�-0�I111LlrSUSE A c� First Line of Address 301 MARKET ST *C ►-' f. fq Second Line of Address n PO BOX 109 y DATE FILED City or Post Office State ZIP Code LEMOYNE PA 170430109 Correspondent's e-mail address: 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 true,correct and complete.Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge. SIGNATUVOF PERSON RES NSIBLE F R FILI TURN DATE f 44 AA Peter D Kirk ADDRESS 5155 K lock Road Mechanicsburg, PA 17055 SIGNAT PREP R TH HA REPRESENTATIVE DATE JERRY R. DUFFIE ArDSM AR KET ST., LEMOYNE, PA Side 1 1505610143 1505610143 1505610243 REV-1500 EX Decedent's Social Security Number Decedent's Name: KIRK, Carol O RECAPITULATION 1. Real Estate(Schedule A)....................................................................................... 1. 2. Stocks and Bonds(Schedule B)............................................................................. 2. 36, 572 . 97 3. Closely Held Corporation, Partnership or Sole-Proprietorship(Schedule C)......... 3. 4. Mortgages&Notes Receivable(Schedule D)........................................................ 4. 5. Cash,Bank Deposits&Miscellaneous Personal Property(Schedule E)............... 5. 354 , 893 . 12 6. Jointly Owned Property(Schedule F) ❑ Separate Billing Requested............ 6. 7. Inter-Vivos Transfers&Miscellaneous Non-Probate Property (Schedule G) Separate Billing Requested............ 7. 106, 397 . 61 8. Total Gross Assets(total Lines 1 through 7)........................................................ 8. 497 , 863 . 70 9. Funeral Expenses and Administrative Costs(Schedule H).................................... 9. 5 , 624 . 74 10. Debts of Decedent,Mortgage Liabilities and Liens(Schedule 1)............................ 10. 12 , 935 . 16 11. Total Deductions(total Lines 9 and 10)................................................................ 11. 18 , 559 . 90 12. Net Value of Estate(Line 8 minus Line 11).......................................................... 12. 479, 303 . 80 13. Charitable and Governmental Bequests/Sec 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. 479, 303 . 80 TAX COMPUTATION-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 .00 479, 303 . 80 15. 0 . 00 16. Amount of Line 14 taxable 0 . 00 16. 0 . 00 at lineal rate X .045 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 0 . 00 18. 0 . 00 19. TAX DUE................................................................................................................ 19. 0 . 00 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. ❑ Side 2 1505610243 1505610243 J REV-1500 EX Page 3 File Number 21-13-0474 Decedent's Complete Address: DECEDENT'S NAME KIRK, Carol O STREETADDRESS 5155 Kylock Road CITY STATE ZIP Mechanicsburg PA 17055 Tax Payments and Credits: 1. Tax Due(Page 2,Line 19) (1) 0.00 2. Credits/Payments A. Prior Payments B. Discount 0.00 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. (4) Check box on Page 2,Line 20 to request a refund 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. 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;.............................................................................. ❑ ❑ b. retain the right to designate who shall use the property transferred or its income;.................................. ❑ ❑x c. retain a reversionary interest;or................................................................. ............................................. ❑ I x, d. receive the promise for life of either payments,benefits or care?............................................................ ❑ u 2. If death occurred after Dec. 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration?.................................................................................................................... ❑ 0 3. Did decedent own an"in trust for" or payable upon death bank account or security at his or her death?....... ❑ ❑x 4. Did decedent own an individual retirement account,annuity,or other non-probate property which El abeneficiary designation?.................................................................................................................. x 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 January 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. Rev-1503 EX+(6-98) SCHEDULE B STOCKS & BONDS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER KIRK, Carol O 21-13-0474 All property jointly-owned with right of survivorship must be disclosed on Schedule F. ITEM CUSIP VALUE AT DATE NUMBER NUMBER DESCRIPTION UNIT VALUE OF DEATH 1 354723801 3,356.561 shares of Franklin Tax Free Trust-PA Tax Free 10.89 36,552.95 Income A Estate Val Valuation is Attached Accrued dividend on Item 1 through date of death 10.89 20.02 TOTAL(Also enter on Line 2, Recapitulation) 36,572.97 (If more space is needed,additional pages of the same size) Copyright(c)2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule B(Rev.6-98) Rev-1508 EX+(11.10) SCHEDULE E pennsylvania CASH, BANK DEPOSITS, & MISC. DEPARTMENT OF REVENUE INHERITANCE TAX RETURN PERSONAL PROPERTY RESIDENT DECEDENT ESTATE OF FILE NUMBER KIRK, Carol O 21-13-0474 Include the proceeds of litigation and the date the proceeds were received by the estate. All property jointly-owned with the right of survivorship must be disclosed on schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH Estate of Harold E.Ocker LINE ITEMS 1 THROUGH 8 1 Hartford Annuity 8,901.17 2 M&T Bank Individual IRA-Beneficiary: Peter D. Kirk 60,543.50 3 Residue of Estate 49,875.00 4 Wells Fargo Payable Upon Death Account 102,592.71 5 Wells Fargo Payable Upon Death Account-Final Account Payout 310.85 6 Western National IRA-Beneficiary: Peter D. Kirk 91,637.32 7 Orrstown Bank Cd 22,711.85 8 Cash 455.88 9 Metro Bank Checking Account No. 82000647 -Date of Death Letter is Attached 821.42 10 Metro Bank Savings Account No. 82000647-Date of Death Letter is Attached 17,028.00 11 Quantum Imaging -Refund of Overpayment 15.42 TOTAL(Also enter on Line 5, Recapitulation) 354,893.12 (If more space is needed,additional pages of the same size) Copyright(c)2010 form software only The Lackner Group, Inc. Form PA-1500 Schedule E(Rev. 11-10) Rev-1510 EX+(08-09) SCHEDULE G pennsylvania INTER-VIVOS TRANSFERS AND DEPARTMENT OF REVENUE �+ INHERITANCE TAX RETURN MISC. NON-PROBATE PROPERTY RESIDENT DECEDENT ESTATE OF FILE NUMBER KIRK, Carol O 21-13-0474 This schedule must be completed and filed if the answer to any of questions 1 through 4 on page three of the REV-1500 is yes. ITEM DESCRIPTION OF PROPERTY DATE OF DEATH %OF DECD'S EXCLUSION TAXABLE NUMBER THE DATE OF TRANSFER.SATTACH A CORELATIONSHIP O T ED FODECEDENT EAL ESTATE. VALUE OF ASSET INTEREST (1F APPLICABLE) VALUE 1 Deblin Inc-401 K Profit Sharing Plan through First 16,819.72 16,819.72 Savings -Beneficiary: Peter D. Kirk 2 T. Rowe Price Individual IRA Account 52813130-9- 1,126.97 1,126.97 Beneficiary: Peter D. Kirk 3 T. Rowe Price Individual Roth IRA Account 670740784 16,245.03 16,245.03 -5 -Beneficiary: Peter D. Kirk 4 T. Rowe Price Individual Traditional IRA Account 72,205.89 72,205.89 1018515845-6 -Beneficiary: Peter D. Kirk TOTAL(Also enter on Line 7, Recapitulation) 106,397.61 (If more space is needed,additional pages of the same size) Copyright(c)2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule G(Rev.08-09) REV-1511 EX+(10-09) pennsylvania SCHEDULE H DEPARTMENT OF REVENUE FUNERAL EXPENSES AND DECEDENT URN RESIDENT ADMINISTRATIVE COSTS ESTATE OF FILE NUMBER KIRK, Carol O 21-13-0474 Decedent's debts must be reported on Schedule I. ITEM DESCRIPTION AMOUNT NUMBER A. FUNERAL EXPENSES: B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Name of Personal Representative(s) Street Address City State Zip Year(s)Commission Paid 2. Attorney's Fees JOHNSON, DUFFIE, STEWART&WEIDNER 5,000.00 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant Street Address City State ZiD Relationship of Claimant to Decedent 4. Probate Fees 5. Accountant's Fees 6. Tax Return Preparer's Fees 7. Other Administrative Costs 624.74 See continuation schedule(s) attached TOTAL(Also enter on line 9, Recapitulation) 5,624.74 Copyright(c)2009 form software only The Lackner Group, Inc. Form PAA500 Schedule H(Rev. 10-09) SCHEDULE H FUNERAL EXPENSES AND ADMINISTRATIVE COSTS continued ESTATE OF FILE NUMBER KIRK, Carol O 21-13-0474 ITEM NUMBER DESCRIPTION AMOUNT Other Administrative Costs 1 Cumberland County Register of Wills Office-Probate Fees 403.50 2 Register of Wills-Short Certificate 5.00 3 The Cumberland Law Journal -Notice of Estate Administration 75.00 4 The Patriot News Company -Notice of Estate Administration 141.24 1-1-137 624.74 Copyright(c)2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H(Rev.6-98) Rev-1512 EX+(12-08) SCHEDULE 1 pennsylvania DEBTS OF DECEDENT, DEPARTMENT OF REVENUE INHERITANCE TAX RETURN MORTGAGE LIABILITIES AND LIENS RESIDENT DECEDENT ESTATE OF FILE NUMBER KIRK, Carol O 21-13-0474 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 Chase Card Services 11,737.73 2 Holy Spirit Hospital 1,197.43 TOTAL(Also enter on Line 10, Recapitulation) 12,935.16 (If more space is needed,additional pages of the same size) Copyright(c)2008 form software only The Lackner Group, Inc. Form PA-1500 Schedule I(Rev. 12-08) REV-1513 EX+(01-10) pennsylvania SCHEDULE J DEPARTMENT OF REVENUE INHERITANCE TAX RETURN BENEFICIARIES RESIDENT DECEDENT ESTATE OF FILE NUMBER KIRK, Carol O 21-13-0474 NAME AND ADDRESS OF RELATIONSHIP TO SHARE OF ESTATE AMOUNT OF ESTATE NUMBER PERSON(S)RECEIVING PROPERTY DECEDENT (Words) ($$$) Do of List rusteels) I TAXABLE DISTRIBUTIONS [include outright spousal distributions,and transfers under Sec.9116(a)(1.2)] Peter D Kirk Spouse Entire Estate 5155 Kylock Road Mechanicsburg, PA 17055 Total Enter dollar amounts for distributions shown above on lines 15 through 18 on Rev 1500 cover sheet,as appropriate. NON-TAXABLE DISTRIBUTIONS: II. A.SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN B.CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART II-ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET Copyright(c)2010 form software only The Lackner Group, Inc. Form PA-1500 Schedule J(Rev. 01-10) ES TA TE OF CAR OL O. KIRK a/k/a CAR OL ANN KIRK SCHEDULE OF EXHIBITS EXHIBIT A Last Will and Testament for Carol O. Kirk signed and dated December 30, 1987 EXHIBIT B Estate Val Valuation of Franklin Templeton PA Tax Free Investment Account EXHIBIT C Metro Bank — Date of Death Letter for Decedent's 21ndividual Accounts/Checking & Savings Accounts :599699 kirk.wl T'Laot Bill anb CJTI OOtm t of CAROL O. KIRK I, CAROL O. KIRK, of Upper Allen Township, Cumberland County, Pennsylvania, declare this to be my Last Will and revoke any will previously made by me. I. I bequeath my automobiles, household and personal effects and other tangible personalty of a like nature (not including cash or security), together with any existing insurance thereon, to my husbank, PETER D. KIRK, provided he shall survive me by thirty (30) days. Should my husband, PETER D. KIRK predecease me or die on or before the thirtieth (30th) day following my death, I bequeath such tangible personalty and the insurance thereon to my children, LAURI ANN KIRK, WENDY LYNN KIRK and BRADLEY DAVID KIRK, as are living on the (31st) day after my death, to be divided among them by my Executrix with due regard for their personal preferences in as nearly equal shares as practical. II. I devise and bequeath the residue of my estate of every nature and wherever situate to my. husbank, PETER D. KIRK, provided he shall survive me by thirty.(30) days. Should my husbank, PETER D. KIRK, predecease me or die on or before the thirtieth (30th) day following my death, I devise and bequeath the residue of my estate and every nature and wherever situate, in equal shares, to my children, LAURI ANN KIRK, WENDY LYNN KIRK and BRADLEY DAVID KIRK. In the event that any of my said children, LAURI ANN KIRK, WENDY LYNN KIRK or BRADLEY DAVID KIRK, should not be then living, then I devise and bequeath his or her share to his or her then living issue, per stirpes, and in default of said issue said share or shares shall be added to the share or shares of my surviving child or children or his, her or their issue, per stirpes, as applicable. EXHIBIT A kirk:wl III. I appoint COMMONWEALTH NATIONAL BANK, of Harrisburg, Pennsylvania guardian of any property which passes, either under this will or otherwise, to a minor and with respect to which I am authorized to appoint a guardian and not otherwise specifically done so, provided that this appointment of a guardian shall not supercede the right of any fiduciary in its discreation to distribute a share where possible to the minor or to another for the minors benefit. Such guardian shall have the power to use principal as well as income from time to time for the minor's support and education (including trade school and college education, both graduate and undergraduate) without regard to his or her parent's ability to provide for such support and education, or to make payments for these purposes, without further responsibility, to the minor or to the minor's parent or to any person taking care of the minor. IV. I direct that all taxes that my be assessed in consequence of my death, by whatever nature and by whatever jurisdiction imposed, shall be paid from my residuary estate as part of the expense of the administration of my estate. V. I appoint my husband, PETER D. KIRK, Executrix of this, my last Will. Should my husband, PETER D. KIRK, fail to qualify or cease to act as Executrix, I appoint my daughter, LAURI ANN KIRK, Executrix of this, my last Will. VI. I direct that my Executrix, or his successor shall not be required to post bond for faithful performance of their duties in any jurisdiction. - 2 - kirk.wl •�v IN WITNESS WHEREOF, I hereunto set my hand and seal this 3 day of December, 1987. r � . (SEAL) Carol O. Dirk Signed, sealed, published and declared by the above-named Testatrix, as and for her Last Will and Testament, in the presence of us, who, at her request, in her presence and in the presence of each other have hereunto subscribed our names as witnesses. e C--(SEAL) ^' �SEAL) - 3 - kirk.wl ACKNOWLEDGMENT COMMONWEALTH OF PENNSYLVANIA ss: COUNTY OF CUMBERLAND I, CAROL 0. KIRK, Testatrix, whose name is signed to the foregoing instrument, having been duly qualified according to law, do hereby acknowledge that I signed and executed the instrument as my Last Will and Testament; that I signed it willingly; and that I signed it as my free and voluntary act for the purposes therein expressed. Carol 0. Kirk ' Sworn to or affirmed and acknowledged before me, by Carol 0. Kirk, the Testator, this 3 �-,�'�day of �_ vY,,; 198-L Notary Ik is My commission expires: DW416, notary Public My Commission Expires Dec. 21. 1389 Lemoyne, PA Cumberland County — 4 — Estate Valuation Date of Death: 04/06/2013 Estate of: Estate of Carol Kirk Valuation Date: 04/06/2013 Account: 7411-3 Processing Date: 01/07/2014 Report Type: Date of Death Number of Securities: 1 File ID: kirk Shares Security Mean and/or Div and Int Security or Par Description High/Ask Low/Bid Adjustments Accruals Value 1) 3356.561 FRANKLIN TAX FREE TR (354723801) PA T/F INCM A Mutual Fund (as quoted by NASDAQ) 04/05/2013 10.89000 Mkt 10.890000 36,552.95 Daily Div. Accrual as of 04/06/2013 20.02 Total Value: $36,552.95 Total Accrual: $20.02 Total: $36,572.97 Page 1 This report was produced with EstateVal, a product of Estate Valuations & Pricing Systems, Inc. If you have questions, please contact EVP Systems at (818) 313-6300 or www.evpsys.com. (Revision 7.3.1) EXHIBIT B METRO BANK 3801 Paxton Street 888.937.0004 Harrisburg, PA 17111 mymetrobank.com RE'CEIVE'D DEC 0 5 2013 JOHNSON DUFFLE 12/2/13 Dana L. Wieseman, Estate Administration Paralegal Law Offices of Johnson Duffie 301 Market St. P.O. Box 109 Lemoyne, PA 17043 RE: Estate of: Carol O. Kirk a/k/a Carol A. Kirk Tax Identification Number: 217-42-7510 Date of Death: April 6, 2013 To Whom It May Concern: This letter is in reference to decedent account information you requested for the individual listed above. We are able to provide the following: ,Account Type: CK` Account Number: 82000647 Date Opened: 09/29/1997 Date Closed: 06/25/2013 Primary Owner: Carol A. Kirk Accrued Interest: ** $0.17 Date of Death Balance: $821.42 Account Type: CK Account Number: 82000654 Date Opened: 09/29/1997 Primary Owner: Peter D. Kirk Secondary`;Owner: Carol A. Kirk Accrued Interest: **$4.27 Date of Death.Balance: $70,550.16 EXHIBIT C METRO BANK 3801 Paxton Street 888.937.0004 Harrisburg, PA 17111 mymetrobank.com Account Type:SV Account Number: 480000857 Date Opened: 09/29/1997 Date Closed: 06/25/2013 Primary Owner: Carol A. Kirk Accrued Interest: **$0.65 Date of Death Balance: $17,028.00 ** Please note: The accrued interest will not be paid if the account is closed prior to the date the interest is scheduled to post. In addition to the accounts listed above the decedent also has a joint safe deposit box #122 with Peter D. Kirk, at our Simpson Ferry branch location. Please feel free to contact us at 1-888-937-0004 if we may be of further assistance. Sincerely, Jenn der Jacobs Research Associate Metro Bank