HomeMy WebLinkAbout03-18-14 ��; : IN THE COURT OF COMMON PLEAS OF
: CUMBERLAND COUNTY, PENNSYLVA�T�A
Estate of Mary Jo Meyer, . G � �,�
Deceased : ORPHANS' COURT DIVISION�z � ��
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PETITION FOR CLARIFICATION OF TRUSTEE APPOINTM�T', � " �
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Petitioner, Linda Uzupis, Executrix in the above Estate, by her attorneys�Martson Law T'
Office, sets forth the following:
1. Petitioner filed a Petition for Appointment of Replacement Trustee in the above
matter and, by Order of this Court dated November 1, 2013, The Honorable Thomas A. Placey
appointed Farmers and Merchants Trust Company of Chambersburg("F&M Trust")as Trustee in
this matter. A copy of said Order is attached hereto and marked Exhibit `A'.
2. At the hearing held before Judge Placey on November 1, 2013, David Gority, on
behalf of F&M Trust, testified that he anticipated fees charged by the Trustee to be in the
neighborhood of 1.1%of the account. His estimate on fees was based on the standard fee schedule
for F&M Trust and contemplating that the principle of the Trust would be approximately
$140,000.00.
3. Since confirmation of the Estate, an income tax return was filed for the Estate (the
Estate consisted largely of IRA accounts of the decedent which were fully taxable) and resulted in
income tax owing of approximately$92,000.00.A copy of said income tax return is attached hereto
and marked Exhibit `B'.
4. As a result of said income tax return, the monies that are left with F&M Trust for
management total approximately $53,000.00.
5. Consistent with the standard fee schedules within the trade for trustees,banks charge
different and higher fees for trust administration where the principle of the trust is in a lower amount.
The fee schedule F&M Trust plans on charging for this Trust in light of the significantly reduced
amount is a flat fee of$1,000.00 annually.
6. Because Mr.Gority,on behalf of F&M Trust,testified at the hearing of a contrary fee
schedule, F&M Trust files this Petition for purposes of clarification and a request to the Court to
clarify the fee to be paid to the Trustee and ratify the fees F&M Trust will be charging.
7. Because there are charitable beneficiaries of the remainder of the Trust in this matter,
Petitioner was required to notify the Pennsylvania Attorney General's Office in connection with any
fillings. Petition has provided the Attorney General's Office with a copy of this Petition in advance,
and attached hereto and marked Exhibit `C' is correspondence from the Attorney General's Office
indicating they do not object to the adjustment of the fee schedule for F&M Trust in this matter.
WHEREFORE, Petitioner requests your honorable Court to enter an Order in the form as
attached clarifying the fee schedule allowed to be charged by F&M Trust in this matter.
By
�
Hubert X. Gilroy, Esq re
I.D. No. 29943
10 East High Stree
Carlisle, PA 17013
(717) 243-3341
Attorney for the Estate of Mary Jo Meyer
Date: March! �, 2014
/ �
/
: IN THE COURT OF COMMON PLEA� OF
: CUMBERLAND COUNTY�PENNSY��'AI�A�
Estate of Mary Jo Meyer, . � � - `.� ';
Deceased : ORPHANS' COURT DIVIS�ly� �-, _-_ '.{ ''
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: NO. 21-12-088T � c? ;;� r, ��
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1_ ORDER <� �= ,--� : �,
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And now this � day of November, 2013, after a Hearing on the �bove matt�r.�on the�'
Petition of the Executrix for appointment of Replacement Trustee,and the Court being satisfied that
all interested parties were provided with Notice of the Hearing scheduled in this matter,and the Court
having authority to appoint a Trustee to fill a vacancy pursuant to 20 Pa. C.S.A. §7764.C.3, and
modify the trust pursuant to20 Pa. C.S.A. §7740.2, it is ordered and directed as follows:
1. Farmers and Merchants Trust Company of Chambersburg ("F&M"Trust) is hereby
appointed replacement Trustee to administer the trust created in Item 6 of Decedent's Will dated April
7, 2006.
2. F&M Trust is relieved from the obligation under Item 6 (a) of the mentioned Will
which specifies as follows:
"If Philip Dangelo is unable to support himself from his own resources and sources
of income, Trustee shall seek such support for Philip Dangelo from public sources.
The trust has specifically not been created to supplant or replace public assistance
benefits. Trustee should,therefore,seek entitlements which are available to members
of the community who are experiencing disabilities that are substantially similar to
those that Philip Dangelo experiences." �
3. ii appearing ihat r&I�i irusi has reviewed the ticcount and 5chedule of Proposed
Distribution filed in the above matter and having indicated on the record that it has no objection to
said filing,this Court's prior Order of October 8,2013, is modified such that the Account is hereby
confirmed without exception and distribution should proceed in accordance with the Proposed
Schedule of Distribution.
y the Court
A TRUE C�pY �ROM RECORD �
in Testimony wherof, I he�eunto
set my hand and the soal
of said Court at rliste,PI��
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� ��L�'� EXHIBIT
c��k o��►mbi�4a�rn1 CvuM1l � Q
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y � O�� Department of the Treasury—Internal Revenue Service
Form U.S. income Tax Return for Estates and Trusts 2��2 OMBNo.1545•0092
�Information about Form 1041 and its se arate instructions is at www.irs. ovHorm1041.
hec all that apply: For calendar year 2012 or fiscai year beginning Au 1 . 2012 and ending Jul 31 � 2013
DecedenYs estate Name ot estate or trust(If a grantor type trust see instructions.) Employer identifiwtion numbsr
Simple trust 80-6233178
COfT1pl@x tfUSt M3= JO Me er EStdt6 Dateentirycreated
Qualified disability trust Name and title of fiduaary 0 1 12
ESBT (S portion only) Lind zu i Ex u r E Nonezempt charitable and split-interest
Grantor type trust Number,sheet,and roam or suite number(It a P.O.box,see the inshuctions.) t�usts,check applicable box(es),See Instf:
Bankruptcy estate—Chapter 1 c o 10 East Hi h Street �Described in section 4947(axi).Check
Bankruptcy estate — Chapter 11 City or town,sWte,and ZIP code here if not a private foundation ...► �
Pooled income fund Carli 1 p 17 1 �Described in section 4947(a)(2)
B Number of Schs K-1 attached F Check Initial retum Final return Amended retum Change in trusYs name
see instructions . ► applicabfe
� ) 2 boxes: Change in fiduciary Change in fiduciary's name Change in fiduciary's address
G Check here if the estate or filing trust made a section 645 election....... '
1 Interestincome ............................................................... ........ ..... . 1 1 2 S.
Z a Total ordinary dividends ..................... ....................................... ........ ...... 2 a
b Qualified dividends allocable to: (1) Beneficiaries (� Estate/trust
---------- ----------
3 Business income or(loss).Attach Schedule C or GEZ(Form 1040) .................. ................... ...... 3
4 Capital gain or (loss). Attach Schedule D(Form 1041) .................................... ...... 4 - 0
Income 5 Rents,royalties,partnerships,other estates and trusts,etc.Attach Schedule E(Form 1040) ................... ...... 5
6 Farm income or (loss).Attach Schedule F (Form 1040) ........................... ........ ...... 6
7 Ordinary gain or (loss).Attach Form 4797 ..................................................... 7
8 Other income.List type and amount � 282 862
---STMT ------------------------ 8
9 Totai income.Combine lines 1, 2a, and 3 throu h 8 .............................. ........ .... ' 9 280 028.
10 Interest. Check if Form 4952 is attached ► � �p
11 Taxes ........................................................................ ........ ...... 11 -7 5
12 Fiduciary fees ................ ............................................................... 12
13 Charitable deduction (from Schedule A, line 7) ..................... ........................... . 13
14 Attorney, accountant, and return preparer fees........................................ ......... 14 12 172
Deduc- �Sa Other deductions not subject to the 2%floor(attach schedule) ............... ..... ........ ..... . 15a 91 .
tions b Allowable miscellaneous itemized deductions subject to the 2%floor ...... ................ ..... ........ ..... . 15 b
16 Add lines 10 through 15b........... .................. .......................... ............ ► 16 14 584
17 Adjusted total income or (loss). Subtract line 16 from line 9 ......... 17 265 444. "" `�` �" " ` "` �"'"''�
18 Income distribution deduction (from Schedule B, line 15). Attach Schedules K•1 (Form 1041) .,... . 18 ,
19 Estate tax deduction including certain generation-skipping taxes (attach computation)....... ...... 19
20 Exemption ............................................................................ .... 20 6 0.
21 Add lines 18 through 20.................................................................... ► 21 600.
22 Taxable income. Subtract line 21 from line 17. If a loss, see instructions ................... ..... . 22 2 44
23 Total tax(from Schedule G, line 7)........................................ .............. ..... . 23 91 62 9
24 Payments:a 2012 estimated tax payments and amount applied from 2011 return ................................ 24a
b Estimated tax payments allocated to beneficiaries (from Form 1041-�........................... 24 b
c Subtract line 24b from line 24a ........................................... ..... ............... 24c
Tax and d Tax paid with Form 7004(see instructions) .................................................... 24d
Payments e Federal income tax withheld. If any is from Form(s) 1099, check ► � 24e
Other payments: f 2439 ___________;g aise ;Total........ ' 24 h
-----------
25 Totalpayments.Addlines24cthrough24e, and24h ...................................... ... ► 2g
26 Estimated tax penaity(see instructions) ....................................................... 26
27 Tax due.If line 25 is smaller than the total of lines 23 and 26, enter amount owed ........... .... . 27 91 62 9.
28 Overpayment.If line 25 is larger than the total of lines 23 and 26, enter amount overpaid .... .... . 28
29 Amount of line 28 to be:a Credited to 2013 estimated tax ' ;b Refunded....... ' 29
Under penal6es of per�ury,I declare that I have exammed this return,including accompanying schedules and statements,and to the best of my knowledge and
belief,d is true,correct,and complete.Declaration of preparer(other than tazpayer)is based on all information of which preparer has any knowledge.
HSign I I� May the IRS discuss this retum
ere ' X with the pre�arer shown below
Signature of fiduciary or officer representing fiduaary Date EIN of fiduaary if a financial institution (see instrs).
❑Yes ❑No
PrinVType preparer's name Preparer's signature Date PTIN
Check ❑if
Paid Ivo V. Otto III Iv0 V. Otto III 11 10 13 self�employed p01691847
Preparer firm'sname ' Martaoa Law Off1Ce8 Firm'sEIN ► 23_2002197
Use Only Firm'saddress � 10 Eaet Hi h StrCet
Carlisle �HIBIT pA 17013-3015 Pnoneno. (717) 243-3341
BAA For Paperwork Reduction Act Notice,S FIFA0112 12/31l12 Form 1041 (2012)
� �
Form 1041 (2012) Ma Jo Me er Estate 80-6233178 Page 2
C 8 u e arita e e UCtlOt1. Do not complete for a simple trust or a pooled income fund.
1 Amounts paid or permanently set aside for charitable purposes from gross income(see instructions) ....... .. 1
2 Tax-exempt income allocabie to charitable contributions (see instructions) ................ .................. 2
3 Subtract line 2 from line 1 ......... .... .. ..... ...... ....... ...... ........ ........................ ..... .. 3
4 Capital gains for the tax year allocated to corpus and paid or permanently set aside for charitable purposes ... q
5 Add lines 3 and 4 .. ....... ... . .... . ........ .. ... ........ ......... . ... ... ........ ............. 5
6 Section 1202 exclusion aliocable to capital gains paid or permanently set aside for charitable purposes
(see instructions).............................................. ........................ ..... ............ 6
7 Charitable deduction.Subtract line 6 from line 5.Enter here and on page 1,line 13 ...... ............. .... ................. 7
C e u et `� ncome �stri ution e uction
1 Adjusted total income (see instructions) ......................... ......................................... 1 265,444.
2 Adjusted tax-exemptinterest ............................... .... .................................. .... ... 2
3 Total net gain from Schedule D (Form 1041), line 15, column (1) (see instructions) ......... ................. 3
4 Enter amount from Schedule A, line 4(minus any allocable section 1202 exciusion) ......................... 4
5 Capital gains for the tax year included on Schedule A, line 1 (see instructions) .............................. 5
g Enter any gain from page 1, line 4, as a negative number. If page 1, line 4, is a loss, enter the loss as a
positivenumber .................................... ....... ............................................ 6 3.0 0 0.
7 Distributable net income.Combine lines
1 through 6. if zero or less, enter -0- ........................ ......... ........................ ............ 7 2 6 8,4 4 4.
8 If a complex trust, enter accountinq income for the tax year as determined z
under the goveming instrument and applicabie local law ..... ..................I g I '�
9 Income required to be distributed currently ................................................... ............ 9
10 Other amounts paid, credited, or otherwise required to be distributed ....................................... 10
11 Total distributions.Add lines 9 and 10. If greater than line 8, see instructions ............................... 11
12 Enter the amount of tax-exempt income included on line 11 ................................................ 12
13 Tentative income distribution deduction. Subtract line 12 from line 1 1 ................ ...... ................. 13
14 Tentative income distribution deduction. Subtract line 2 from line 7. If zero or less, enter •0-.................. 14 268,444 .
15 Income distribution deduction.Enter the smaller of line 13 or line 14 here and on page 1, line 18 ...... ...... 15 p,
c e u � a ax omputation (see instructions)
1 Tax: a Tax on taxable income (see instructions) .......... ..................... 1 a 91,62 9. �.�
bTax on lump-sum distributions. Attach Form 4972 .......... ............. 1 b J'
�
,�
c Alternative minimum tax (from Schedule I (Form 1041), line 56) .......... 1 c 0. , �
dTotai.Add lines la through 1c ... ............. .................. ................................ ` 1 d 91, 629.
2 a Foreign tax credit. Attach Form 1116 ............................ ............. 2 a �
b General business credit. Attach Form 3800....................... ............. 2 b ,�.
c Credit for prior year minimum tax. Attach Form 8801 .............. ............. 2 c �
d Bond credits. Attach Form 8912 ................................. ............. 2 d ;�
3 Total credits.Add lines 2a through 2d................................................... ............... ' 3
4 Subtract line 3 from line 1 d. If zero or less, enter -0- ...................................................... 4 91,62 9.
5 Recapture taxes. Check if from: �Form 4255 �Form 8611 ................................ ...... 5
6 Household employment taxes.Attach Schedule H (Form 1040) ................................. ............ 6
7 Total tax.Add lines 4 through 6. Enter here and on page 1, line 23 ....................................... ' 7 91,62 9.
t er n ormation Yes No
1 Did the estate or trust receive tax-exempt income? If'Yes,'attach a computation of the aliocation of expenses ..... ........... X
Enter the amount of tax-exempt interest income and exempt-interest dividends ..► $
------------- a;
;
2 Did the estate or trust receive all or any part of the earnings (salary, wages, and other compensation)of any individual by "
reason of a contract assignment or similar arrangement?............................................. .................. .. X
3 At any time during the calendar year 2012, did the estate or trust have an interest in or a signature or other authority
over a bank, securities, or other financial account in a foreign country? ............................... .... .................. X
See the instructions for exceptions and filing requirements for Form TD F 90-22.1. If'Yes,'enter the name of the �
fore�gn country► "�
4 During the tax year, did the estate or trust receive a distribution from, or was it the grantor of, or transferor to, a foreign
trust? if'Yes,' the estate or trust may have to file Form 3520. See instructions ............. . .............................. .. X
5 Did the estate or trust receive,or pay,any qualified residence interest on seller•provided financing?If'Yes,'see instructions for required attachment .... ... .. X
6 If this is an estate or a complex trust making the section 663(b) election, check here(see instructions)...................' ,�
7 To make a section 643(e)(3) election, attach Schedule D (Form 1041), and check here (see instructions) .................' `'�
8 If the decedenYs estate has been open for more than 2 years,attach an ezplanation for the delay in closing the estate,and check here ...............' ;
9 Are any present or future trust beneficiaries skip persons? See instructions ........................... .................... .. X
FIFA0112 izi3iiiz Form 1041 (2012)
OMB No.1545-0092
SCHEDULE I Alternative Minimum Tax — Estates and Trusts
(Form 1041) �O��
Department of the Treasury
' Attach to Form 1041.
Internal Revenue Service ► Information about Schedule i(Form 1041)and its separate instructions is at www.irs.gov/form1041.
Name of estate or trust Employer identification number
Mar Jo Me er Eatate 80-6233178
art state s or rust s are o ternative inimum axa e ncome
1 Adjusted total income or(loss) (from Form 1041, line 17) ..... ... ..... . .... ............. ............... 1 265,444.
2 Interest ............. ...................... ................... . ...................... ......2,2 6 1. 2 0.
3 Taxes ..... ............. ..... .... ...................... .............. ............... .............. �
3 -759.
4 Miscellaneous itemized deductions (from Form 1041, line 15b) ... ........... ......... ... .......... .... . 4
5 Refund of taxes .......... ............................... .. ........... ............... ............... 5
6 Depletion (difference between regular tax and AM� .............. ...................... ...... ......... fi
7 Net operating loss deduction. Enter as a positive amount ............................... .......... ..... 7
8 Interest from specified private activity bonds exempt from the regular tax ................ ............... g
9 Qualified small business stock(see instructions) ...................... ................. .............. . 9
10 Exercise of incentive stock options (excess of AMT income over regular tax income) ...... ............... 10
11 Other estates and trusts (amount from Schedule K-1 (Form 1041), box 12, code A) ....... .............. . 11
12 Electing large partnerships (amount from Schedule K-1 (Form 1065-B), box 6) ........... ...... ......... 12
13 Oisposition of property (difference between AMT and regular tax gain or loss) ........................... 13
14 Depreciation on assets placed in service after 1986(difference between regular tax and AM� ............ 14
15 Passive activities (difference between AMT and regular tax income or loss) ............................. 15
16 Loss limitations (difference between AMT and regular tax income or loss) ................ .......... ..... 16
17 Circulation costs (difference between regular tax and AM� . .......... ................................. 17
18 Long-term contracts (difference between AMT and regular tax income) ................... .......... ..... 18
19 Mining costs (difference between regular tax and AMn ................................. ............... 19
20 Research and experimental costs(difference between regular tax and AM� ...... ........ .......... .... . 20
21 Income from certain installment sales before January 1, 1987 .......................................... 21
22 intangible drilling costs preference .. ...................... ............ .. .............. . .............. �
23 Other adjustments, including income-based related adjustments ........................................ 23
24 Alternative tax net operating toss deduction (See the instructions for the limitation that applies.) .......... 24
25 Adjusted alternative minimum taxable income. Combine tines 1 through 24. ............................. 25 264, 685.
Note: Complete Part ll be/ow before going to line 26.
26 Income distribution deduction from Part II, line 44... ... ... . .. ... . . 26 0 ,
• ..
27 Estate tax deduction (from Form 1041, line 19) ......... .... ............. 27 , ;;
28 Add lines 26 and 27 ................................................................................ 28 0.
29 Estate's or trust's share of aiternative minimum taxabie income. Subtract line 28 from line 25 ............ 29 264, 685.
If line 29 is:
• $22,500 or less, stop here and enter -0- on Form 1041, Schedule G, line lc.The estate or trust is not liable
for the alternative mmimum tax.
• Over $22,500, but less than $165,000, go to line 45.
• $165,000 or more, enter the amount from line 29 on line 51 and go to line 52.
a ncome istri ution e uction on a mimum ax asis
30 Adjusted alternative minimum taxable income(see instructions) ................... ............................ ..... 30 2 64 6 8 5.
31 Adjusted tax-exempt interest(other than amounts included on line 8) ................................... 31
32 Total net gain from Schedule D (Form 1041), line 15, column (1). If a loss, enter •0- .................... . 32
33 Capital gains for the tax year allocated to corpus and paid or permanently set aside for charitable
purposes (from Form 1041, Schedule A, �ine 4) ........................ ............................ ... 33
34 Capital gains paid or permanently set aside for charitable purposes from gross income
(see instructions) ......... ............................................. ............................. 34
35 Capital gains computed on a minimum tax basis included on line 25 ....... ............... ......... ..... 35
36 Capitai losses computed on a minimum tax basis included on line 25. Enter as a positive amount ......... 36
37 Distributable net alternative minimum taxable income (DNAMTI). Combine lines 30 through 36. �f zero or
less, enter -0• ....... ..... ........................................... ................. .............. 37 2 6 7 6 8 5.
38 Income required to be distributed currently (from Form 1041, Schedule B, line 9) .......... .............. 38
39 Other amounts paid,credited,or otherwise required to be distributed(from Form 1041,Schedule B,line 10).......... ....... ... 39
40 Total distributions. Add lines 38 and 39................................ ................. ... ........... 40
41 Tax-exempt income included on line 40(other than amounts included on line 8) ........... .......... .... 41
42 Tentative income distribution deduction on a minimum tax basis. Subtract line 41 from line 40 ............ 42
BAA For Paperwork Reduction Act Notice,see the Instructions for Form 1041. Schedule I (Form 1041) (2012)
FIFA0134 12/17/12
Mary Jo Meyer Eatate 80-6233178
Schedule 1 (Form 1041) (2012) Page 2
a ncome �stri ution e uction on a mimum ax asis (confinued)
43 Tentative income distribution deduction on a minimum tax basis. Subtract line 31 from line 37. If zero or
less, enter -0- ..... ............ ... ..... ..................... . ... .................... ........ ........ 43 2 6 7,6 8 5.
44 �ncome distribution deduction on a minimum tax basis. Enter the smaller of line 42 or line 43. Enter
hereand on line 26 ............... .... ................. ...... .................. ...... ........ .. ..... 44 0.
art ternative mimum ax
45 Exemption amount ............... ..... ..................... . ... .................... ... ............. 45 22 500.
q6 Enter the amountfrom line 29 ............................ ... . . .... ....... qg
47 Phase-out of exemption amount ... ........ ........ ...... ................. 47 75 000.
48 Subtract line 47 from line 46. If zero or less, enter -0- .. .......... .......... 48 !
49 M ultiply line 48 by 25% (.25) ... ... ........................... ....................................... 49
50 Subtract line 49 from line 45. If zero or less, enter •0• .......... ..... .......... ... ................ ..... 50
51 Subtract line 50 from line 46 ...................................... .................. ................ 51 264,685.
52 Go to Part IV of Schedule I to figure line 52 if the estate or trust has qualified dividends or has a gain on
lines 14a and 15 of column (2) of Schedule D (Form 1041) (as refigured for the AMT, if necessary).
Otherwise, if line 51 is—
� $175,000 or less, multiply line 51 by 26% (.26). ,
• Over $175,000, multipiy line 51 by 28% (.28) and subtract$3,500 from the result .................... 52 70,612.
53 Alternative minimum foreign tax credit(see instructions) ........ ....................................... 53
54 Tentative minimum tax. Subtract line 53 from line 52 ..................................... ............. 54 70,612.
55 Enter the tax from Form 1041,Schedule G,line ia(minus any foreign taz credit from Schedule G,line 2a) ..... ........ ........ 55 91,629.
56 Alternative minimum tax.Subtract line 55 from line 54. if zero or less, enter -0-. Enter here
and on Form 1041, Schedule G, line ic .. ............................................................ 56 s 0.
a me om utation sing awmum apita ams ates
Caution:If you did not complete Part V of Schedule D(Form 1041), the Schedule D Tax Worksheet, or
the Qualified Dividends Tax Worksheet, see the instructions before completing this part.
57 Enter the amountfrom line 51 ..... ................ ........... .. ..................................... 57
58 Enter the amount from Schedule D (Form 1041), line 22, line 13 of the
Schedule D Tax Worksheet, or line 4 of the Qualified Dividends Tax
�,;
Worksheet,whichever applies (as refigured for the AMT, if necessary) ....... 58 �
59 Enter the amount from Schedule D(Form 1041), line 14b, column (2) `L`�
(as refigured tor the AMT, if necessary). If you did not complete �
Schedule D for the regular tax or the AMT, enter •0-............ ............ 59 r<
�.,-,
60 If you did not complete a Schedule D Tax Worksheet for the regular tax or
the AMT, enter the amount from line 58. Otherwise, add lines 58 and 59
and enter the smaller of that result or the amount from line 10 of the
,,�
Schedule D Tax Worksheet as refi ured for the AMT, if necessar 60 `�`'
( 9 Y) ......... a�;':;�g:
61 Enter the smalier of line 57 or line 60 ................................................................ 61
62 Subtractline 61 from line 57 ...................... .................................................. 62
63 If line 62 is$175,000 or less, multiply line 62 by 26% (.26). Otherwise, multiply line 62 by 28% (.28)
and subtract$3,500 from the result ......................................... ....................... ' 63
64 Maximum amount subject to the O�o rate .................................. � 2.400. '
65 Enter the amount from line 23 of Schedule D (Form 1041), line 14 of the
Schedule D Tax Worksheet, or line 5 of the Qualified Dividends Tax
Worksheet in the Instructions for Form 1041, whichever applies(as figured
for the regular tax). If you did not complete Schedule D or either
worksheetforthe regulartax, enter -0-.............................. ...... 65 ' '`
66 Subtract line 65 from line 64. If zero or less, enter -0- .............. ........ 66
_....
67 Enter the smaller of line 57 or line 58..................................... 67 �°
68 Enter the smaller of line 66 or line 67............................... ...... 68
69 Subtract line 68 from line 67 .... ... ....... .............. ................ 69
70 Multiply line 69 by 15% (.15) ...... ...... .. ............................................ ............' 70
If line 59 is zero or blank,skip lines 71 and 72 and go to line 73.Otherwise,go to line 71.
71 Subtractline 67from line 61 ....... ...... ...............................� 71 �
72 Multiply line 71 by 25°/a (.25) ...... ........ .................................................... ....' 72
73 Add lines 63. 70, and 72 .................. .......................................................... 73
7q If line 57 is $175,000 or less, multiply line 57 by 26% (.26). Otherwise, multiply line 57 by 28% (.28)
and subtract $3,500 from the result .................................. ............................ .... 74
75 Enter the smaller of line 73 or line 74 here and on line 52 ...... ...... .................. ......... ..... . 75
FIFA0134 i2inn2 Schedule I (Form 1041) (2012)
� SCHEDULE D Capital Gains and Losses OMBNo. 1545-0092
(Form 1041)
Department of the 7reasury � 'Attach to Fvrm 1041,Form 5227,or Form 990-T. 201 ,2
Internal Revenue Service Information about Schedule D(Form 1041)and its separate instructions is at www.irs.gov/form1041.
Name of estate or trust Employer identification�um6er
Ma Jo Me er Estate 80-6233178
Note:Form 5227 filers need to complete on/y Parts 1 and 11.
Part 1 Short-Term Capital Gains and Losses — Assets Held One Year or Less
(a) (b) (�) (d) (e) (0
i. Description of property Date acquired Date sold Sales price Cost or Gain or(loss)
(Example: 100 shares (mo., day, yr.) (mo., day, other basis for the entire year
7% preferred of'Z' Co) Y�•) (see instructions) Subtract (e) from (d)
225 Touchstoae Drive 08 06 12 12 12 12 160,000. 171,475. -11,475.
b Enter the short-term gain or(Ioss), if any, from Schedule D-t, line 1 b ......... ............................. 1 b
2 Short-term capital gain or (loss) from Forms 4684,6252, 6781, and 8824 ................................... 2
3 Net short-term gain or (loss)from partnerships, S corporations, and other estates or trusts ...... ............ . 3
4 Short-term capital loss carryover. Enter the amount, if any, from line 9 of the 2011 Capital Loss
Carryover Worksheet ..... ..... ..................... ....................... .... ........... . ....... ...... 4
5 Net short-term gain or(loss).Combine lines t a through 4 in column (�. Enter here and
on line 13,column (3)on page 2 ...... .... ...................... ........ ........... .......... ......... � 5 -11,475.
p����- Long-Term Capital Gains and Losses —Assets Held More Than One Year
(a) (b) (�) (d) (e) (�
e. Description of property Date acquired Date sold Sales price Cost or Gain or(loss)
(Example: 100 shares (mo., day, yr.) (mo., day, other basis for the entire year
7% referred of'Z' Co r. see instructions Subtract e from d
Thrivent Income Fuad Inherited08 22 12 37. 37. 0.
Thrivent Income Fund Inherited 08 22 12 1,699. 1,705. -6.
Thriveat Lar e Ca Inherited08 22 12 1,753. 1,714. 39.
b Enter the long-term gain or (loss), if any,from Schedule D•1, line 6b ................................. ...... 6 b
7 Long-term capital gain or(loss)from Forms 2439, 4684, 6252, 6781, and 8824.............................. 7
8 Net long-term gain or (loss) from partnerships, S corporations, and other estates or trusts ............ . ...... 8
9 Capital gain distributions......... .. .. . ............................................................ ..... . 9
10 Gain from Form 4797, Partl .............. ......................................... ..................... 10
11 Long-term capital loss carryover. Enter the amount, if any,from line 14 of the 2011 Capital Loss
Carryover Worksheet ................. .................................................................. 11
12 Net long-term gain or(loss).Combine lines 6a through 11 in column (�. Enter here and on line 14a,column
(3) on page 2............. ..... ...................................................................... � 12 3 3 .
BAA For Paperwork Reduction Act Notice,see the Instructions for Form 1041. FIFA1512 iziz�nz Schedule D(Form 1041)2012
. Schedule D (Form 1041)2012 Mar Jo Me er Estate 80-6233178 Page 2
1 Beneficiaries'
p � ummary o Parts I and II (see instructions) �2oEtruast s (3) otal
Caution:Read the instructions before completing this part.
13 Net short-term gain or(loss) .. .... . .. . .... ........ ..... . .... 13 -11,4 7 5. -11,4 7 5.
14 Net long-term gain or(loss):
a Total for year ...... ......... .... ... . .... .. ..... .... ...... 14a 33. 33.
b Unrecaptured section 1250 gain(see line 18 of the worksheet).......... .... 14 b
c 28% rate gain ........... ..... ....... . .................. .... 14c
15 Total netgain or(loss).Combine lines 13 and 14a ........ .. ► 15 -11,442. -11,442 .
Note:If line 15, column(3), is a net gain, enter the gain on Form 1041, line 4(or Form 990-T, Part l, line 4a). If lines 14a and 15, column(2),
are net gains, ga to Part V, and do not complete Part IV. li line 15, column(3), is a net loss, comp/ete Part IV and the Capital Loss Carryover
Worksheet,as necessa .
pa�,��1f Ca ital Loss Limitation
16 Enter here and enter as a(loss)on Form 1041,line 4(or Form 990•T,Part I,line 4c,if a trust),the smaller of:
a The loss on line 15,column (3) or b$3,000 ............ ........................................ .. 16 3, 000.
Note:If the loss on line 15, column(3), is more than$3,000,or if Form 1041, page l, line 22(or Form 990-T, line 34), is a loss, complete the
Ca ital Loss Ca over Worksheet in the instructions to fi ure our ca ital loss ca over.
Part:Y��" Tax Computation Using Maximum Capital Gains Rates
Form 1041 filers.Complete this part only if both lines 14a and 15 in column (2)are gains, or an amount is entered in Part 1 or Part II and there
is an entry on Form 1041, line 2b(2), and Form 1041, line 22, is more than zero.
Caution:Skip this part and complete the Schedule D Tax Worksheet in the instructions if:
• Either line 14b, column(2)or line 14c, column (Z) is more fhan zero, or
• Both Form ]041, line 2b(i), and Form 4952, line 4g are more than zero.
Form 990-T trusts.Complete this part only if both lines 14a and 15 are gains, or qualified dividends are included in income in Part I of Form
990-T, and Form 990•T, line 34 is more than zero. Skip this part and complete the Schedule D Tax Worksheet in the instructions if either line
14b, column (2)or line 14c, column (2) is more than zero.
17 Enter taxable income from Form 1041, line 22 (or Form 990-T, line 34) .. ........ 17 �-
18 Enter the smaller of line 14a or 15 in column (2)
but not less than zero ................ ............ 18 �:� ;:
1:��
19 Enter the estate's or trusPs qualified dividends
from Form 1041, line 2b(2) (or enter the qualified
dividends included in income in Part I of
Form 990-�.. .. ......... ..... .................. 19 `��`: �;;,
..n• .,�
20 Add lines 18 and 19...... ..... ................... 20 :+'` �'
21 If the estate or trust is filing Form 4952, enter the ,;'� Y
amount from line 4g; otherwise, enter -0- ....... � 21 '"'�� �'�
";.
22 Subtract line 21 from line 20. If zero or less, enter -0•.................. ........ 22
23 Subtract line 22 from line 17. If zero or less, enter •0-...... ..... ....... ........ 23 �
24 Enter the smaller of the amount on line 17 or $2,400 .......................... 24 �"}
25 Is the amount on line 23 equal to or more than the amount on line 24?
8 Yes.Skip lines 25 and 26; go to line 27 and check the 'No'box. �
No.Enter the amount from line 23 ..................... .......... ........ 25 �s'
�. ,;_-
26 Subtract line 25 from line 24 ......................................... ........ 26 -;
27 Are the amounts on lines 22 and 26 the same?
❑YlS. Skip lines 27 thru 30;go to line 31. ❑NO.Enter the smdlsr of Ilne 17 or line 22 ... 27 �
28 Enter the amount from line 26 (If line 26 is blank, enter -0-) ............ ........ 28
29 Subtract line 28 from line 27 .......... .......................... .... . ........ 29
30 Multiply line 29 by 15% (.15) ........... .... ....... ..... .. ..... ..... . .. ................. . ..... .. ....... 30
31 Figure the tax on the amount on line 23. Use the 2012 Tax Rate Schedule for Estates and Trusts (see the
Schedule G instructions in the instructions for Form 1041) ............. . ........... ........................ 31
32 Add lines 30 and 31 ...... .. .... ....... ..................................... ....... ....... . .......... . .. 32
33 Figure the tax on the amount on line 17. Use the 2012 Tax Rate Schedule for Estates and Trusts (see the
Schedule G instructions in the instructions for Form 1041) .............. ..................... ..... ......... 33
34 Tax on all taxable income.Enter the smaller of line 32 or line 33 here and on Form 1041, Schedule G, line 1 a
(or Form 990-T, line 36) ............... .... .................................................... ......... 34
Schedule D (Form 1041)2012
FIFA1512 12/27/12
.
Form 1041 Other Deductions Statement 2012
Page 1, Line 15a (Not Subject to the 2% Floor)
Name Employer ldentification Number
Mary Jo Meyer Eatate 80-6233178
Other Deductions Not Subject to the 2% Floor
(Form 1041, page 1,line 15a)
Depreciation,Amortization,and Domestic Production Activities Deduction Only
Description (a) (b) (c) (d)
Amounts Amounts Amounts to be Total
totally totally allocated
ailocabie allocable to between
to taxable tax-exempt tax-exempt
income income and taxable
income
1 Amortization
2 Depreciation
3 Domeetic Prod 1�,ct deduction
Other Deductions Excluding Depreciation,Amortization,and Domestic Production Activities
Description (a) (b) (c) (d)
Amounts Amounts Amounts to be Total
totally totally allocated
allocable allocable to between
to taxable tax-exempt tax-exempt
income income and taxabie
income
1 Probate Feea 910. 910.
2
3
4
5
6
7
8
9
10
Total 910. 910.
Grand totals` 910. 910.
*Grand totals includes depreciation, amortization, domestic production activities, and other deductions.
FIFWOlO1.SCR 06/06/12
. Mary Jo Meyer Estate 80-6233178 �
Form 1041, Page 1, Line 8
Other Income Statement
Other income. List type and amount:
PSERS Diatribution 239,
IRA Distributions 282,623.
Total 282,862.
,�'k
�i� � ,
•i .
COMMONWEALTN OF PENNSYLVANIA
OFFICE OF ATTORNEY GENERAL
KATHLEEN G. KANE
ATTORNEY GENERAL
March 7, 2014
Charitable Trusts and
Organizations Section
14`h Floor, Strawberry Square
Harrisburg, PA 17120
Telephone: (717) 705-1611
Facsimile: 717-787-1190
hvance_rittman@attorneygeneral.gov
Hubert X. Gilroy, Esquire
MARTSON LAW OFFICES
10 East High Street
Carlisle, PA 17013
Re: Estate of Marv Jo Mever, Deceased; No. 21-12-0887; Cumberland County.
Dear Mr. Gilroy:
This will acknowledge receipt of your notice pursuant to Supreme Court Orphans' Court Rule
5.5 regarding the above-captioned matter.
I have reviewed the Petition for Clarification of Trustee Appointment and have no objection to
the requested relie£ Please forward a copy of the signed Order, when entered.
Please be advised that the above review was conducted pursuant to the parens patriae role of the
office and has no bearing on any matter unrelated to that function. Thank you for your time and
attention to this matter.
Sincerely,
`jl-,- % ,�'':.__ �.4,�
Heather J. Vance-Rittman
Senior Deputy Attorney General
EXHIBIT
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