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HomeMy WebLinkAbout03-14-05 REV-1500 EX (e.OO) COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE DEPT. 280601 HARRISBURG, PA 17128-0601 REV -1500 INHERITANCE TAX RETURN RESIDENT DECEDENT OFFICIAL USE ONLY FILE NUMBER 21 05 0100 COUN"IY CODE YEAR NUMBER I- Z W C w o w C DECEDENTS NAME (LAST, FIRST, AND MIDDLE INITIAL) KENT DUANE DATE OF DEATH (MM-DD-YEAR) DATE OF BIRTH (MM-DD-YEAR) 5/5/2004 12/21/1930 (IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST, AND MIDDLE INITIAL) Jeanne C. Kent 00 1. Original Retum D 4. Limited Estate P SOCIAL SECURITY NUMBER 205-24-4025 THIS RE1\JRN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS SOCIAL SECURITY NUMBER w ..... ~~lJl OO::~ wll..O zOO OO::..J 0.11I ll.. <( D 2. Supplemental Retum D 3. Remainder Retum (date of death prior to 12-1:>-82) D 4a. Future Interest Compromise (date of death after 12-12-82) D 5. Federal Estate Tax Return Required D 7. Decedent Maintained a Living Trust (Attach copy ofTrust) _ 8. Total Number of Safe Deposit Boxes D 10. Spousal Poverty Credit (date of death between 12-31-91 and 1-1-95) D 11. Election to tax under See. 9113(A) (Attach Sch 0) 00 6. Decedent Died Testate (Attach copy of Will) D 9. Litigation Proceeds Received I- Z W C Z o D.. 1Il W 0:: 0:: o U THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATioN SHOULD BE DIRECTED TO: NAME COMPLETE MAILING ADDRESS Richard C. Snelbaker 44 West Main Street FIRM NAME (If Applicable) Snelbaker & Brenneman, P.C. Mechanicsburg, PA 17055 TELEPHONE NUMBER 717-697-8528 1. Real Estate (Schedule A) (1) 2. Stocks and Bonds (Schedule B) (2) 3. Closely Held Corporation, Partnership or Sole-Proprietorship (3) 4. Mortgages & Notes Receivable (Schedule D) (4) 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) (5) Z 6. Jointly Owned Property (Schedule F) (6) 0 o Separate Billing Requested i= ~ 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (7) :::I (Schedule G or L) I- D: 8. Total Gross Assets (total Lines 1-7) <C 0 W 9. Funeral Expenses & Administrative Costs (Schedule H) (9) 0:::: 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) (10) 11. Total Deductions (total Lines 9 & 10) 0.00 OFFICIAL USE ONLY 8,027.35 0.00 0.00 3W4645 1.000 2,000.00 0.00 0.00 (8) 10,112.25 0.00 CJ 10,027.3 12. Net Value of Estate (Line 8 minus Line 11) 13. Charitable and Governmental Bequests/See 9113 Trusts for which an election to tax has not been made (Schedule J) 14. Net Value Subject to Tax (Line 12 minus Line 13) SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES z o i= <( ..... ::::l ll.. ~ o o >< <( ..... 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 (a)(1.2) 0.00 x.O ~(15) 0.00 x .0 45 (16) 0.00 x .12 (17) 0.00 x .15 (18) (19) (11) 10,112.25 (84.90) 0.00 (12) (13) 16. Amount of Line 14 taxable at lineal rate (14) (84.90) 17. Amount of Line 14 taxable at sibling rate 0.00 0.00 0.00 0.00 0.00 18. Amount of Line 14 taxable at collateral rate CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT > > BE SURE TO ANSWER ALL QUESTIONS ON REVERSE SIDE AND RECHECK MATH < < 19. Tax Due 20. ~ Decedent's Complete Address: , S1REET ADDRESS 4835 "Brian Road, Hampden Townshi Cumberland County CITY I STATE I ZIP Mechanicsburg PA 17050- Tax Payments and Credits: 1. Tax Due (Page 1 line 19) 2. Credits/Payments A. Spousal Poverty Credit 8. Prior Payments C. Discount (1) 0.00 0.00 0.00 0.00 Total Credits (A + 8 + C) (2) 0.00 3. InteresUPenalty if applicable D. Interest E. Penalty 0.00 0.00 TotallnteresUPenalty (D + E) (3) 0.00 4. If line 2 is greater than Line 1 + line 3, enter the difference. This is the OVERPAYMENT. Check box on Page 1 Line 20 to request a refund (4) 0.00 5. If line 1 + line 3 is greater than line 2, enter the difference. This is the TAX DUE. (5) 0.00 A. Enter the interest on the tax due. (SA) 0.00 8. Enter the total of line 5 + SA This is the BALANCE DUE. Make Check Payable to: REGISTER OF WILLS, AGENT (58) 0.00 PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: 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; . c. retain a reversionary interest; or . . . . . . . . . . . . . . . . . . . . . . . . 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? . . . . . . . . . . . . . . . . . . . . . . . . . . .. D 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? D 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. D ~ IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS 15 YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. Under penalties of perjury, I deetare that I have examined this retum, induding 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 representatiw is based on all information of which preparer has any knowledge. Yes No -0 o o o og []g []g []g [}g ~ .1 ;;~TI 05"' SIGNATURE O~E FOR FILING RETURN C/~ AOORES~ 4835 Br' Road SIGNA ER THAN REPRESENTATIVE Mechanicsburg, PA 17050 DATE 311 %{ For dates of death on or after July 1, 1994 and before January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3% [72 P.S. S 9916 (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% [72 P.S. S 9116 (a) (1.1) (ii)J 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 retum 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 twenty-one 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% (72 P.S. 99116(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%, except as noted in 72 P.S. 9 9116(1.2) [72 P.S. S9116(a)(1)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 12% (72 P.S. S 9116(a)(1.3)J. 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. 3W4646 1.000 REV-1503 EX + (6-98) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF SCHEDULE B STOCKS & BONDS FILE NUMBER DUANE P. KENT 21 05 0100 All property jointly-owned with right of survivorship must be disclosed on Schedule F. ITEM NUMBER 1.181 Shares Prudential Financial Inc. DESCRIPTION VALUE AT DATE OF DEATH 8,027.35 Common stock, valued at $44.35 per share TOTAL (Also enter on line 2, Recapitulation) $ 8,027.35 3W4696 1.000 (If more space is needed, insert additional sheets of the same size) REV-1508 EX + (6-98)' COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY ESTATE OF DUANE P. KENT FILE NUMBER 21 05 0100 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 NUMBER DESCRIPTION VALUE AT DATE OF DEATH 1 1996 Buick Century 2,000.00 sale value 3W46AD 1.000 TOTAL (Also enter on line 5, Recaoitulation\ $ (If more space is needed, insert additional sheets of the same size) 2,000.00 REV-1511 EX + (12-99) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF DUANE P. KENT SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS FILE NUMBER 21 05 0100 Debts of decedent must be reported on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT 1. FUNERAL EXPENSES: K of C funeral luncheon 787.86 A. Total from continuation pages 8,115.39 1. ADMINISTRATIVE COSTS: Personal Representative's Commissions B. Name of Personal Representative(s) Social Security Number(s) I EIN Number of Personal Representative(s) Street Address City State Zip Year(s) Commission Paid: 2. Attorney Fees 600.00 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 Fees 79.00 5. Accountant's Fees 6. Tax Return Preparer's Fees 7. 1 Register of Wills Filing fee for Inheritance Tax Return 15.00 Total from continuation pages 515.00 3W46AG 1.000 TOTAL (Also enter on line 9, Recapitulation) (If more space is needed, insert additional sheets of the same size) $ 10,112.25 Schedule H part 1 (Page 2) Estate of: DUANE P. KENT Item No. Description Amount 2 Neill's Funeral Home Funeral services 8,115.39 Total (Carry forward to main schedule) 8,115.39 Schedule H part 2 (Page 3) Estate of: DUANE P. KENT Item No. Description Amount 2 Register of Wills additional probate fees 15.00 3 Reserve for filing fees and other miscellaneous fees associated with the administration of Decedent's estate. 500.00 Total (Carry forward to main schedule) 515.00 REV-15:13 EX+ (9-~O) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF DUANE P. KENT SCHEDULE J BENEFICIARIES FILE NUMBER 21 05 0100 NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY I TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 9116 (a) (1.2)] RELATlONSHIPTO DECEDENT Do Not List Trustee(s) AMOUNT OR SHARE OF ESTATE 1 Jeanne C. Kent 4835 Brian Road Mechanicsburg, PA 17050 Surviving Spouse 0.00 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18, AS APPROPRIATE, ON REV-1500 COVER SHEET II NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART II - ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET $ 0.00 3W46AI 1.000 (If more space IS needed, Insert additional sheets of the same sIze) & LAW OFFICES SNELBAKER Be BRENNEMAN - LAST WILL AND TESTAMENT I, DUANE P. KENT, of the Township of Hampden, County of Cumberland and Commonwealth of Pennsylvania, being of sound and disposing mind, memory and understanding, do make, publish and declare this as and for my Last will and Testament, hereby revoking and making void all former wills and codicils by me at any time heretofore made. FIRST. I order and direct that all my just debts and funeral expenses be paid by my Executrix, hereinafter named, as soon as conveniently may be done after my decease. SECOND. I give, devise and bequeath all the rest, residue and remainder of my Estate, real, personal and mixed, whatsoever and wheresoever situated unto my wife, JEANNE C. KENT, absolutely and in fee simple, if she survives me by as many as sixty (60) days. THIRD. If my wife, JEANNE C. KENT, does not survive me by as many as sixty (60) days, then and in that event, I give, devise and bequeath all the rest, residue and remainder of my Estate, real, personal and mixed, whatsoever and wheresoever situated, in equal shares unto my seven children, namely, JACQUELINE ANN KELLY, JULIA MARIE HARDENSTINE, SUSAN RITA KENT, DUANE FRANCIS KENT, GLENN PAUL KENT, EDWARD NEAL KENT and NANCY JEAN KENT, share and share alike, absolutely and in fee simple. If any of my said children should predecease me, I order and direct that the foregoing share of my estate attributable to such deceased child shall be distributed among his or her lawful issue per stirpes by representation and not per capita, subject, however, to the protective trust provisions as contained in Item Fourth hereinbelow with respect to any beneficiary who has not attained the age of twenty-three (23) - LAW OFFICES SNELBAKER Be BRENNEMAN years at the time for distribution. FOURTH. If any beneficiary hereinabove has not attained the age of twenty-three (23) years at the time of distribution, I order and direct that the distributive share of such person shall be paid over and delivered unto PNC BANK, NATIONAL ASSOCIATION, (or its successor by merger, consolidation or other corporate reorganization) as my testamentary Trustee, IN TRUST, NEVERTHELESS, to hold, manage, invest, accumulate income and reinvest until said beneficiary attains the age of twenty-three (23) years, at which time said trust shall be terminated and the net proceeds thereof be paid over to the beneficiary absolutely. I authorize and empower my said Trustee to invest the assets of said trust in any reasonable manner and not be limited or restricted to so-called "legal" or statutory investments for fiduciaries. I designate any trust hereunder to be a spend-thrift trust. The beneficiary shall have no right to invade, pledge, assign or otherwise dispose of the assets of said trust (including income) nor shall any creditor of a beneficiary have any right to seize, levy or execute upon said assets by reason of any pledge, assignment or other transfer, voluntarily or involuntarily, made by said beneficiary. I further authorize and empower my said Trustee to use, consume, expend and apply from time to time such amounts of principal and income of and from said trust which in the exercise of its sole discretion shall be determined to be reasonable and necessary for the beneficiary's education. The term "education" shall be construed and interpreted to mean college or other post- highschool training which is intended to improve the beneficiary's productivity as an adult or enhance the quality of his or her life. In considering what is reasonable and necessary, my said Trustee shall take into consideration the -2- LAW OFFICES SNELBAKER 8: BRENNEMAN primary responsibility of the beneficiary's surviving parent to provide such education. It is my will and intention that the foregoing discretionary provision for education shall be supplementary to the parent's primary responsibility. LASTLY. I nominate, constitute and appoint my wife, JEANNE c. KENT, to be the Executrix of this, my Last will and Testament, but if for any reason she should fail to qualify as such Executrix or cease so to serve, then and in that event, I nominate, constitute and appoint my daughter, namely, JACQUELINE ANN KELLY, to be the Executrix hereof. If both of the above named persons should fail to qualify as my personal representative hereunder or cease so to serve, then and in that ultimate event, I nominate, constitute and appoint my daughter, namely, JULIA MARIE HARDENSTINE, to be the Executrix of this, my Last will and Testament. I order and direct that none of the above named persons shall be required to post bond or other security as a condition of qualification as my personal representative hereunder. IN WITNESS WHEREOF, I, DUANE P. KENT, have hereunto set my hand and seal to this, my Last will and Testament which consists of three (3) typewritten pages to each of which I have aff ixed my signature this i-( ,f{ day of MAY A . D., One Thousand Nine Hundred Ninety-five (1995). ;L~.. ~.~ Duane P. Kent ( SEAL) The preceding instrument, consisting of this and two (2) other typewritten pages, each identified by the signature of the Testator, was on the date thereof signed, sealed, published and declared by Duane P. Kent, the Testator therein named, as and fer his Last will and Testament, in the ence of us, who, at his request, in his presenge and in th I each other, have subscribed our names as witnesses (::2~~~ ~ ' 1 LAW OFFICES SNELBAKER So BRENNEMAN ". . . , . , i , . :[ , i 1 " , :1 :, .:. "I ',.L COMMONWEALTH OF PENNSYLVANIA ) . . COUNTY OF CUMBERLAND) SSe We, DUANE P. KENT, RICHARD C. SNELBAKER and JANET R. STEGNER, the Testator and the witnesses, respectively, whose names are signed to the attached or foregoing instrument, being first duly sworn, do hereby declare to the undersigned authority that the Testator signed and executed the instrument as his Last will and Testament and that he had signed willingly, and that he executed it as his free and voluntary act for the purposes therein expressed, and that each of the witnesses, in the presence and hearing of the Testator, signed the will as a witness and that to the best of his or her knowledge the Testator was at that time eighteen years of age or older, of sound mind and under no constraint or undue influence. __ ,,7 S;~~f~~ Subscribed, sworn to and acknowledged before me by DUANE P. KENT, the Testator, and subscribed and sworn to before me by RICHARD C. SNELBAKER and JANET R. STEGNER, witnesses, this -fd day of -rrJ0Af 1995. C?~ogry ~ \' I\lot<.rial Seal . , ~Jatncia J. Thomson, Notary Public M~chanicsburg Boro. ~umberland CO~ My commission Expires Dec. 31,1 MerTtJer. ~As.<;oCiation of NotOOes , . . ~. '... . ... .....1(~M~{~~~;.;..,~,;ili. .... .. ."", ". '. '.' ~.' .... '.