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HomeMy WebLinkAbout03-14-14 PETITION FOR GRANT OF LETTERS REGISTER OF WILLS OF CUMBERLAND COUNTY, PENNSYLVANIA Petitioner(s)named below,who is/are 18 years of age or older,apply(ies)for Letters as specified below, and in support thereof aver(s)the following and respectfully requests the grant of Letters in the appropriate form: Pamela B Thompson and Wesley R Burns III DecedenYs Information r� Name: Gladys I.Burns File No: 21-14 a/k/a: (Assigned by Register) a/k/a: a/k/a: Social Security No: Date of Death: 03/06/2014 Age at Death: 100 Decedent was domiciled at death in Cumberland County, pq (State)with his/her last principal residence at 5225 Wilson Lane,Mechanicsburg 17050 Lower Allen Township Cumberland Street address,Post Office and Zip Code City,Township or Borough County Decedent died at Bethany Village,325 Wesley Drive Lower Allen Twp. Cumberland PA Street address,Post Office and Zip Code City,Township or Borough County State Estimate of value of decedenYs property at death: If domiciled in Pennsylvania...................... All personal property $ 30,000.00 Ifnot domiciled in Pennsylvania................ Personal property in Pennsylvania $ Ifnot domiciled in Pennsylvania................ Personal property in County $ Value of real estate in Pennsylvania................................................................... $ 220,000.00 TOTAL ESTIMATED VALUE $ 250,000.00 Real estate in Pennsylvania situated at 131 N.28th Street CBmp HIII Cumberland (Attach additiona/sheets,if necessary.) Street address,Post Office and Zip Code City,Township or Borough County Q A. Petition for Probate and Grant of Letters Testamentarv Petitioner(s)aver(s)that he/she/they is/are the Executor(s)named in the Last Will of thpe Decedent,dated 03/06/2000 and Codicil(s) theretodated �A��.�,,�,H`s �u�T4�.,.�d�. l�zsla.� � Du�ns Sr d^-e-•Q ,L,2�py 2ca.�g�- �'�--„�— � --a� �7;� State relevant circumstances(e.g.,renunaahon,death of execufor,etc.J � 7�► C"'�—�"r 6.,:2 � Except as follows:after the execution of the instrument(s)offered for probate,Decedent did not marry,was not divo �4as not a�rty to<2�pe�g divorce proceeding wherein th�grounds for divorce had been established as defined in 23 Pa.C.S.§3323(g),and��btitave a C�tt,td bor{�f�-' adopted;and Decedent was rfeither the victim of a killing nor ever adjudicated an incapacitated person. Q , -�= +:"Ji C.,. C....., .._,�. Q NO EXCEPTIONS � EXCEPTIONS nC.:' x"' -- = • - –� ❑ B. Petition for Grant of Letters of Administration (If applicable) ` � !�° �'� c.t.a.,d.b.n.,d.b.n.c.t.a.,pedente lite, ante absentia.�i ante r�agr{�afe, If Administration,c.t.a or d.b.n.c.t.a.,p^+�r date of Will in Section A above and comolete list of heirs. °� � Except as follows:Decedent was not a party to.pending divorce proceeding wherein the grounds for divorce had been established as defined in 23 Pa.C.S. §3323(g)and was neither the victim of a killing nor ever adjudicated an incapacitated person. �NO EXCEPTIONS � EXCEPTIONS Petitioner(s),after a proper search has/have ascertained that Decedent left no Will and was survived by the following spouse(if any)and heirs(attach additional sheets,if necessary): Name Relationship Address Wesiey R.Burns III Son 2 River Road-Front Conshohocken PA 19428 Pamela B.Thompson Daughter 449 Sioux Drive Mechanicsbur PA 17050 Form RW-02 rev.10-11-2011 Copyright(c)2011 form software only The Lackner Group,Inc. Page 1 of 2 Oath of Personal Representative Official Use Only COMMONWEALTH OF PENNSYLVANIA } } SS: COUNTY OF Cumberland } Petitioner(s)Printed Name Petitioner(s)Printed Address Pamela B.Thompson 449 Sioux Drive Mechanicsburg,PA 17050 r..., c--.� Wesley R,Burns III 2 River Road-Front �O -�" �; r Conshohocken,PA 19428 W'-r-> � ��� �• � i�v i�l .��' /�7 r' t ZG� �' _.;E , -- r—J{- ._ , `' 3a� =7~ , D� ���-.-3 N The Petitioner(s)above-named swear(s)or affirm(s)the statements in the foregoing Petition are true and correct to the best of the know edge and belief of Petitioner(s)and that,as Personal Representative(s)of the De�e nt,Petitioner(s) ill well and truly administer the estate accordin to law. Sworn to or ffirmed a d bscrib d b ore Date 3 Z��� me thi �d Of ,�� � Date ��f/y�2f�/y By. _ Date Fo Register Date BOND Required? ❑ YES ❑ NO To the Registerof�lls: Please enter my appearance by my signature below: FEES: . Ov Lette ......................................... $ D Attorney Signature: ( �)Short Certificate(s)......... •�� ( )Renunciation(s).............. �` - ( )Codicil(s)........................ ( )Affidavit(s)...................... Printed Name: Jeffrey R. Boswell, Esquire Bond............................................. Supreme Court Commission.................................. ID Number: 25444 Ot er , � ��� Firm Name: Boswell Tintner&Piccola Address: 315 North Front Street -Da ^��— � T Harrisburg,PA 17101 � vo Phone: (717)236-9377 Automation Fee............................ Fax: JCSFee....................................... TOTAL......................................... $ E-mail: DECREE OF THE REGISTER Date of Death: 03/06/2014 Social Security No: 206-32-2780 Estate of Gladys I Burns File No: -��„� a/k/a: — AND NOW, , , in ccnsiderat�on of the foregoing Petition, satisfactory proof having been presented befo e me, IT IS DECREED that Letters Testamentary are hereby granted to Pamela B.Thompson and Wesley R,Burns III in the above estate and(if applicable)that the instrument(s)dated 03/O6/2000 described in the Petition be admitted to probate and filed of record as the I t 1Nill(and Co icil(s))of edent. Q gi ter f Wills Copyright(c)2011 form software only The Lackner Group,Inc. Page 2 of 2 , �_., � s . ���.� �.��.. �� . _ . ��.��.,.�.s�:4 � , .�.�,. �. . _ ., REGISTER OF WILLS CERTIFICATE OF CUMBERLAND COUNTY GRANT OF LETTERS PENNSYLVANIA " � � No. 2014- 00238 PA No. 2�- 14- 0238 Es ta te Of: GLADYS l BURNS IFiist,Middle,Las�l La te Of: LOWER ALLEN TOWNSH/P CUMBERLAND COUNTY Deceased Social Security No: 206-32-2780 WHEREAS, on the 14th day of March 2014 an instrument dated March 6th 2000 was admitted to probate as the last will of GLADYS l BURNS lFirst,Middle,Lastl late of LOWER ALLEN TOWNSH/P, CUMBERLAND County, who died on the 6th day of March 2014 and, WHEREAS, a true copy of the will as probated is annexed hereto. THEREFORE, I, L/SA M. GRAYSON, ESQ. , Register of Wills in and for CUMBERLAND County, in the Commonwealth of Pennsylvania, hereby certify that I have this day granted Letters TESTAMENTARY to: PAMELA B THOMPSON and WESLEY R BURNS lll who have duly qualified as EXECUTOR(R/X) and have agreed to administer the estate according to law, all of which fully appears of record in my office at CUMBERLAND COUNTY COURT HOUSE, CARLISLE, PENNSYLVANIA. IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed the seal of my office on the 14th day of March 2014. �, Q . � � `�v-�; . �---.c� u� .�± � . � , �Q Register of i ._� �,_ � �:...�C.: � � �3 r-ti ��.i., R, ; y ..n� i ` f � C.� .: '_ .1 `i LL y� � De t i t,�,; �_.s ',�- ,_�r 4L'' 'C]m C�u'' � �� � ��� � �� **NOTE** ALL NAMES ABOVE APPEAR (FIRST, MIDDLE, LAST) . , ,,. . �; �� �,-�� �,���..�., � ,..m . . r�.. � 7�.'1 ��7 �". C���;_+"t �'L� �'�+ (a: � ' �7 �r L ��1 ` --- � .. � , �" � �'. �, -' �' z_ r 7 WILL �r-� -: �c,� � _�_� � _ = �.=� �F �---, - �."rrt N �'�C� C� ,' GLADYS I. BURNS I, GLADYS I. BURNS, of Camp Hill, Cumberland County, Pennsylvania, being of sound mind and disposing memory,though I realize the uncertainty of this life, I have full confidence and trust in my Lord and Savior,Jesus Christ,in His death on the cross for my sins and in His shed blood as an atonement for my soul; and I know by faith that because of His sacrifice on the cross for me I ha�e eternal life,do hereby make and declare this to be my last Will,hereby revoking all my former Wills and Codicils: Article One: Tangible Personal Property: §1.1 I bequeath all my tangible personal property to My Husband, Wesley R. Burns, Jr. ("My Husband"), if he survives me. If My Husband does not survive me,then I bequeath all my tangible personal properiy in accordance with the terms of a personal property memorandum I may prepare. If no such memorandum is located or received by the Executor within 60 days after being appointed as such, after conducting a reasonable search for such memorandum, the Executor shall be held harmless for distributing such property as hereinafter provided. §1.2 I bequeath such assets not disposed of by such memorandum, or all of such property if no such memorandum is located or received, to my children, per stirpes, to be divided between them in as nearly equal shares as they agree. In the event of irreconcilable disagreement between my children,they shall take turns selecting individual items with my oldest child making the first selection. Any items not so selected shall be sold and the proceeds shall pass as a part of my residuary estate. §1.3 To the extent practicable in the Executor's sole discretion, I bequeath any policies of insurance on such property to the beneficiary entitled to such property. §1.4 I direct that the expenses of storing, packing, shipping, insuring and delivering any such property to the beneficiary entitled thereto shall be paid by the Executor as an administrative expense of my estate. 1 Article Two: Marital Trust: If My Husband survives me(and I direct that for the purpose of this Article Two she shall be deemed to have survived me unless it appears unmistakably that he did not survive me), and if the federal estate tax due because of my death will be reduced by making this gift for his benefit, I devise and bequeath to my Trustee hereinafter named, IN TRUST,the least amount(based upon values as finally determined for federal estate tax purposes)as shall be needed for the federal estate tax unlimited marital deduction to reduce the federal estate tax to the lowest possible figure after full use of all other deductions and credits allowable in calculating the federal estate tax,except that such amount shall be calculated without regard to the augmenting of my taxable estate by reason of generation-skipping transfers and without regard for any credit for state death taxes that would not otherwise be payable. Accordingly, I direct that: §2.1 If the marital deduction or any similar benefit is allowable with respect to any property, including property held by entireties,which My Husband has received prior to my death or at my death will receive otherwise than pursuant to this Article Two,the value of such property shall be taken into consideration in calculating the size of the gift under this Article Two. §2.2 No property ineligible for the marital deduction or any similar benefit shall be distributed to this gift for My Husband pursuant to this Article Two. §2.3 Either cash or investments or both may be allocated to the gift under this Article Two. §2.4 Any property allocated under this Article Two in kind shall be valued at the value at which it is finally included in my gross estate for federal estate tax purposes, provided that the aggregate market value thereof on the date of allocation (plus the value as finally determined for federal estate tax purposes of all other property qualifying for the marital deduction)is at least equal to the dollar value of the marital deduction as finally determined for federal estate tax purposes. §2.5 My Husband shall be paid the entire income from the principal in such periodic installments as the Trustee shall find convenient, but at least as often as quarter-annually. §2.6 My Husband is hereby given a power to appoint by will to his estate or to others, in such manner and for such estates as he may appoint, exercisable only by specific reference by him alone and in all events over the principal of this trust. 2 : v_ r . .� �� �����.�.�,������. � �.,��- � �,�. §2.7 As much of the principal of this trust as the Trustee may from time to time think advisable for the support of My Husband or during illness or emergency shall be either paid to him or else applied directly for his benefit by the Trustee. §2.8 In addition to the above provisions, My Husband shall have the power to withdraw such amounts from principal as he shall desire from time to time,including the entire exhaustion of principal. §2.9 If My Husband shall fail,either wholly or in part,to exercise effectively the power of appointment created in the preceding, the unappointed principal shall be added to,and thereafter treated as part of,the principal of my residuary estate passing under Article Three hereof,provided that±he Trustee shall first deduct and pay to the personal representative of My Husband's estate an amount equal to the increase in federal and state death taxes and any increased administration expenses which his estate will have to pay because of the inclusion of the principal of this trust in his estate for tax or administration purposes. §2.10 If any provision of my will shall result in depriving my estate of the marital deduction for federal estate tax purposes, such provision is hereby revoked and my will shall be read as if any portion thereof inconsistent with allowance of the marital deduction for federal estate tax purposes is null and void. §2.11 If my property is insufficient for payment in full of all legacies and devises, I direct that this trust shall be preferred over all other legacies and devises. Article Three: Residuary Credit Shelter Trust if Spouse Survives , and Ultimate Contingent Beneficiaries: If My Husband survives me, I devise and bequeath the residue of my estate of every nature and wherever situate,including property over which I shall have any power of appointment other than any such power given to me in any will or inter vivos trust of My Husband,to the Trustee hereinafter named, IN TRUST, for the following uses and purposes, it being my intention that this trust shall be exempt from federal estate tax to the extent of my unified credit amount: §3.1 During Mv Husband's life. My Trustee shall pay the distribution amount set forth below to or for the benefit of My Husband during his life,in quarter- annual installments. §3.2 Distribution amount. The Trustee shall pay to My Husband in each tax year of the trust during his life an amount equal to five percent (5%)of the average of the fair market values of the trust as of the close of the last business day of the trust's three previous tax years (or such lesser number of tax years as are 3 ;. ;.. ��., ,�.,�.K.�. �,.,..� _v ..�,.�..�.�,��.� �,��,.-�..�,. .�.. -� _ . available for the first three t�years of the trust). In the case of a short tax year,the distribution shall be calculated as set forth in subparagraph 3.3 below. In the case of contributions to or distributions from the trust, including initial funding, the distribution amount shall be determined as set forth in subparagraph 3.4 below. §3.3 Short�ar. For a short tax year,the distribution amount shall be based upon a prorated portion of the distribution amount set forth above comparing the number of days in the short taxable year to the number of days in the calendar year in which the short taxable year is a part. §3.4 Contributions and Distributions. In a taxable year in which assets are add�d to or distributed from the trust(other than the distribution amount)(hereinafter "adjustment year"), the distribution amount shall be increased (in the case of a contribution) or decreased(in the case of a distribution)by an amount equal to five percent(5%) times the fair market value of the assets contributed or distributed(as of the date or dates of the contribution or distribution), multiplied by a fraction,the numerator of which is the number of days from the contribution or distribution to the end of the calendar year and the denominatar of which is the days in the calendar year. Further,the year end values for the two t�years preceding the adjustment year shall be increased by the amount of such addition, or decreased by the amount of such distribution, for purposes of determining the distribution amount for years following the adjustment year. §3.5 Fair market value computations. All computations of the trust's fair market value, or the value of any contributions or distributions as set forth above, shall include accounting income and principal, but no accruals shall be required. If the trust includes assets for which there is not a ready market,the Trustee shall adopt such method of valuation as he or she deems reasonable in his or her discretion under the circumstances. §3.6 Income earned in estate prior to trust fundin�. In addition to the distribution amount as determined above, the net accounting income earned in my estate and allocable to the residue shall be paid to the trust, and distributed to My Husband in addition to the distribution amount set forth above. §3.7 Source of distribution amounts. The distribution amounts from the trust shall be paid first from the net accounting income, next from net realized short term capital gains, then from net realized long term capital gains, and as necessary from the principal of the trust. §3.8 DiscretionarX distributions of additional amounts. In addition to the distribution amounts as set forth above, my Trustee shall distribute such additional amounts, if any, of accounting income, capital gain or principal to my said Wife as the Trustee, in his or her sole discretion, deems advisable for My Husband's health, . 4 maintenance and support in his accustomed standard of living, taking into account other income or assets which are available to him. If My Husband is a Trustee, he shall not have part in a decision to make discretionary distributions. §3.9 Princi�al residence: §3.9.1 If it is necessary in order to fund my credit shelter trust that my personal residence be put into the trust, and if My Husband wants to continue to live in the house,My Husband shall be permitted to continue to live in the house rent free for as long as he wishes; and the Trustee shall not sell or otherwise dispose of the house so long as My Husband wants to live in it. §3.9.2 My Husband shall be responsible for paying all utilities and normal living expenses incidental to living in a house, but the Trustee shall be responsible for paying the taxes, the cost of keeping the house properly insured and for maintaining the house in sound repair and good appearance. §3.9.3 The restrictions against the Trustee selling or otherwise disposing of the house shall no longer have effect(I)upon the death of My Husband,(ii)when My Husband gives permission in writing to the Trustee to sell or dispose of the house, or(iii)when My Husband ceases to need the house as his residence. §3.10 Death of husband. On the death of My Husband, or if My Husband does not survive me, all the remainder of the estate shall be divided and distributed as follows: §3.10.1 Fifty percent (50%) to my daughter, Pamela B. Thompson of Mechanicsburg,PA. If my daughter is not then surviving,this share shall be divided and distributed to her three sons, my grandchildren, Edgar K. Smith, III, of Philadelphia, PA, Gregory S. Smith of Harrisburg, PA, and Steven W. Smith of Mechanicsburg, PA,per stirpes. If none of these persons is then living, per stirpes, this share shall go to my son,Wesley R. Burns,III of Lafayette Hills,PA,per stirpes. §3.10.2 Fifty percent(50%)to my son, Wesley R. Burns, III, per stirpes. If my son is not then alive, and if he is not survived by any issue,per stirpes, this share shall go to my daughter, Pamela B. Thompson, in accordance with §3.10.1 above. §3.11 Ultimate contin,gent beneficiarv: If, at the time of My Husband's death, or if My Husband does not survive me,I am not survived by any beneficiaries as specified in§3.10 above,then I direct that all the remainder of the estate,including the remaining balance in the trust,be divided and distributed as charitable bequests as follows: §3.11.1 Seventy-five percent(75%)to Camp Hill Presbyterian Church,Camp Hill, PA for the general ministry of said church. §3.11.2 Twenty-five percent(25%)to The Pennsylvania State University for the support of the music program, and in particular The Blue Band. 5 §3.12 Goal of trust and Trustee's�ower to alter distribution rate. The goal of this trust is to provide a relatively smooth flow of distributions to My Husband which distributions over the anticipated term of the trust may maintain to the extent practicable their real spending power in the face of inflation. A second and related goal is to maintain the real spending power of the principal of the trust for the remaindermen. It is my intent by using a total return trust,that is one which does not distinguish in investment goal(or distribution)between the production of income and short and long term capital gains, to eliminate any conflict of interest which the Trustee might otherwise experience between attaining the two goals set forth above. I have set the distribution rate at five percent(5%)based upon my hope that over long periods of time, this distribution rate can be maintained and still have the distributions increase sufficiently to offset inflation. If this goal is achieved, the principal of the trust will also have maintained its value. I recognize that these goals will not be attainable every year,or even over the long term. I accept that the setting of the five percent(5%) distribution rate is my own decision and recognize that the two goals set forth above may not be attainable as a result even if my Trustee acts with reasonable prudence. As a further safeguard, if the Trustee becomes convinced that the goals as set forth above cannot be attained as a result of substantial and long term changes in the investment marketplace;because of inflation, deflation, or other secular economic change which would make advisable a change in the percentage distribution amount,then my Trustee shall have the discretion to modify such rate as he or she may deem necessary. Such a change in rate shall be within the sole discretion of my Trustee given the investment and distribution goals for this trust. My Trustee shall not be held accountable for such discretionary act by any party provided that he or she have acted in good faith. If My Husband is a Trustee,he shall not have part in a decision to make an upward change in the percentage distribution amount. Article Four: Provision for Debts and Expenses: I direct that any of my legally enforceable debts, any expenses of my last illness, funeral and burial, and any of the administrative expenses of my estate shall be paid from the principal of that portion of my estate disposed of by Article Two of this Will. Article Five: Executria�/Executor: I appoint My Husband,Wesley R. Burns,Jr.,Executor of this my last will. If Wesley R. Burns, Jr. fails to qualify or ceases to act as Executor, I appoint my daughter and son, Pamela B. Thompson and Wesley R. Burns,III,as my first, contingent Co-Executors. If either one of them is unable to serve or to complete the administration of my estate,then the other shall serve as the sole contingent Executor. All references herein to the Executor shall mean my originally appointed Executor or my successor Co-Executors or Executor, as the case may be. 6 Article Six: Trustees: §6.1 As Trustees of the marital trust and the credit shelter trust, I appoint My Husband and my son and daughter to be Co-Trustees, subject to the limitations set forth elsewhere in this Will with respect to My Husband as a trustee of the Credit Shelter Trust. Article Seven: Powers of Fiduciaries: §7.1 No fiduciary under this Will shall be required to give bond or other security for the faithful performance of the fiduciary's duties. §7.2 In addition to the powers conferred by law, my executor with respect to my estate, and my Trustees with respect to any trust, shall have the following powers, to be exercised in their absolute discretion without the necessity of application to any Court,in the capacity to which such powers may be applicable;except that they shall have no power as to the Marital Trust(s)which would disqualify it for purposes of the marital deduction: §7.2.1 To invest in,accept and retain any real or personal property, including stock of a corporate fiduciary or its holding company, without restriction to legal investments; §7.2.2 To sell, exchange,partition or lease for any period of time any real or personal property and to give options therefor for cash or credit, with or without security; §7.2.3 To borrow money from any person including any fiduciary acting hereunder, and to mortgage or pledge any real or personal property; §7.2.4 To hold shares of stock or other securities in nominee registration form,including that of a clearing corporation or depository,or in book entry form or unregistered or in such other form as will pass by delivery; §7.2.5 To engage in litigation and compromise,arbitrate or abandon claims; §7.2.6 To make distributions in cash, or in kind at current values, or partly in each,allocating specific assets to particular distributes on a non-pro rata basis, and for such purposes to make reasonable determinations of current values; §7.2.7 To make elections, decisions, concessions and settlements in connection with all income, estate, inheritance, gift or other tax returns and the payment of such ta�ces,without obligation to adjust the distributive share of income or principal of any person affected thereby; 7 �.:� ,.,: , Y,. w�,.�,�... �.���, , __ .. . _. ,.�n..A,..�.,��r� . . _ _..._ §7.2.8 To allocate,in the Executor's sole and absolute discretion,any portion of my exemption under Section 2631(a)of the Internal Revenue Code to any property as to which I am the transferor, including any property transferred by me during my lifetime as to which I did not make an allocation prior to my death; §7.29 To create, except when the fiduciary is a beneficiary of the subject trust,with respect to all or any part of the principal of any trust hereunder, including a pecuniary amount, by a written instrument a general testamentary power of appointment within the meaning of Section 2041 of the Internal Revenue Code in any beneficiary thereof and to eliminate such power for all or any part of such principal as to which such power was previously created and to divide trust principal into two fractional shares based upon the then portion of the trust that would be includable in the gross estate of the beneficiary holding such power if he died immediately before such division(in which case the power shall be over the entire principal of one share and not the other),with each share being administered as a separate trust,unless such fiduciary shall thereafter elect to combine such separate trusts into a single trust; to exercise the foregoing discretion to create or eliminate a general testamentary power of appointment when such fiduciary determines that the inclusion of the property affected thereby in the beneficiary's gross estate may achieve a significant savings in transfer t�es by having a federal estate tax in lieu of a Chapter 13 tax imposed by the Internal Revenue Code on the property subject to such power of appointment or may achieve significant income tax benefits; §7.2.10 To disclaim any interest or portion of any interest I may have in any estate if the Executor deems such disclaimer to be in the best interests of my estate and the beneficiaries thereof; §7.2.11 To terminate any trust created herein, the principal of which is or becomes too small in the Trustee's discretion to make the establishment or continuance of the trust advisable, and to make immediate distribution of the then remaining trust property to the beneficiary then entitled to the income of the trust properiy or, if there is more than one beneficiary,to the beneficiaries then entitled to the income of the trust property in proportion to their respective interests therein or, if such interests are not defined, in equal shares to such beneficiaries; provided, however, no Trustee shall participate in any decision to terminate such trust if by reason of such termination such trustee could receive a distribution of trust property from such trust as aforesaid. The receipts and releases of the distributee(s) will terminate absolutely the right of all persons who might otherwise have a future interest in the trust,whether vested or contingent,without notice to them and without the necessity of filing an account in any court; and §7.2.12 To merge any trust created hereunder with any other trust or trusts created by me or my spouse under will or deed, if the terms of any such trust are then substantially similar and held for the primary benefit of the same person or persons. 8 §7.2.13 To invest in any type of investment which plays an appropriate role in achieving the investment goals of the trust, which investment shall be considered as part of the total portfolio. It is my specific direction that no category or type of investment shall be prohibited. I specifically do not wish to limit the universe of trust investments in any way other than is dictated by the Trustee's exercise of reasonable care, skill, and caution. In connection with the Trustee's investment and management decisions with respect to this trust, the Trustee is specifically entitled to take in account general economic conditions, the possible effect of inflation or deflation, the expected tax consequences of investment decisions or strategies, the role which each investment or course of action may play within the overall trust portfolio which may include financial assets, interests in closely held enterprises, tangible and intangible personal property, and real property;the expected total return from income and the appreciation of capital; other resources of the beneficiaries, the needs for liquidity,regularity of income and preservation or appreciation of capital, and the asset's special relationship or special value,if any,to the purposes of the trust or to one or more of the beneficiaries. Nor shall my Trustee be limited to any one investment strategy or theory, including modern portfolio theory, the efficient markets theory or otherwise, but should be free to consider any appropriate investment strategy or theory under all the circumstances. The Trustee may delegate investment and management functions which a prudent person of comparable skills would properly delegate under the circumstances. Should the Trustee delegate such function,the Trustee shall exercise reasonable care, skill and caution in selection of an agent, establishing the scope and terms of the delegation consistent with the purposes and terms of the trust, and periodically reviewing the agent's actions in order to monitor performance and compliance with the terms of the delegation. Should such delegation occur as set forth above,the Trustee who complies with the requirements for delegation shall not be liable to the beneficiaries or to the trusts for the decisions and actions of the agent to which the function was delegated, but by accepting the delegation of trust function by the Trustee of this trust, the agent submits to the jurisdiction of the courts of this state. §7.2.14 No provisions of the Will shall be interpreted or reformed so as to do violence to my primary intent to provide for My Husband and my children. Article Eight: Provision for Taxes: All estate taxes, inheritance taxes,transfer taxes and other taxes of a similar nature payable by reason of my death to any government or subdivision thereof upon or with respect to any property subject to any such tax ("Death Taxes"), and any penalties thereon, shall be paid by the Executor out of the principal of that portion of my estate disposed of, first, by Article Two and, second,by Article Three of this Will; and all interest with respect to any such taxes shall be paid by 9 the Executor out of the income or principal or partly out of the income and partly out of the principal of such portion of my estate,in the absolute discretion of the Executor,without reimbursement from or apportionment among the beneficiaries,recipients or owners of such properly for any such t�es, penalties or interest; provided, however, the Executor shall not pay any such taxes, penalties or interest attributable to any property included in my estate solely because of a power of appointment thereover which I possess but have not exercised or any qualified terminable interest property; provided further, however, the Executor shall not pay any supplemental federal estate tax, or any penalties or interest related thereto, imposed by Section 4980A(d) of the Internal Revenue Code, which supplemental federal estate tax, together with any penalties or interest related thereto, shall be borne by the recipients of the qualified plan benefit(including my estate if it is a recipient of any such benefit) giving rise to such supplemental federal estate tax in proportion to their respective interests therein. Article Nine: Miscellaneous Provisions: §9.1 As used in this Will,the term"Internal Revenue Code" shall mean the Internal Revenue Code of 1986,as amended from time to time,or the corresponding provision of subsequent law. §9.2 Whenever the Trustee is directed to distribute property to or for the benefit of any beneficiary who is under(a) eighteen years of age, or(b) a legal disability or otherwise suffers from an illness or mental or physical disability that would make distribution directly to such beneficiary inappropriate(as determined in the Trustee's sole discretion exercised in good faith),the Trustee may distribute such property to the person who has custody of such beneficiary, may apply such property for the benefit of such beneficiary,may distribute such property to a custodian for such beneficiary,whether then serving or selected and appointed by the Trustee (including the Trustee), under any applicable Uniform Transfers to Minors Act or Uniform Gifts to Minors Act, may distribute such property directly to such beneficiary's estate, or may distribute such property directly to such beneficiary (except if any of the conditions hereinbefore described in (b) apply), without liability on the part of the Trustee to see to the application of such property. This provision shall not in any way operate to suspend such beneficiary's absolute ownership of such property or to prevent the absolute vesting thereof in such beneficiary. 10 �, ,�. . ,�� � ���.., �,,_.��.�.-:��� �� �.�� �� c,. � §9.3 Except as otherwise may be provided in this Will, during the continuance of any of the trusts created under the provisions of this Will, and thereafter until the property is distributed to and received by any beneficiary hereunder, the principal sums thus held in trust for any beneficiary, respectively, and the income thereof shall not be subject to or liable for any contracts, debts,engagements liabilities or torts of such beneficiary now or hereafter made,contracted,incurred or committed,but shall be absolutely free from the same, and such beneficiary shall have no power to sell, assign or encumber all or any part of the principal sums or such beneficiary's interest therein, respectively, or the income thereof, or to anticipate the income. §9.4 If any beneficiary hereunder should die within thiriy(30)days after me or within thirty (30) days after any other person the survival of whom determines his rights hereunder, then such beneficiary shall be deemed to have predeceased me or such other person for all purposes hereunder. Article Ten: Gender: Unless the context indicates otherwise;any use of masculine gender herein shall also include the feminine gender. IN WITNESS WHEREOF, I, GLADYS I.BURNS, herewith set my hand and seal to this, my last Will,typewritten on twelve (12) sheets of paper including the self-proving attestation clause and signatures of witnesses,this � �day of__ �/�-it�� , 2000. -,a � , ;� � a (SEAL) G�,ADYS I. RNS � Witnessed: �� ��.' _residing at Z� o �-t L , �o ���,�r r�f. (��� L-!N��t�r� , �`� . � ?U�� s � ��' 1-�t, residing at f U 3 .r �r•�«���� � �R e c r �/D,�cE T��.r�✓� ��_ /"7657 11 � �.�.� .:.�,�w ��..�,.� �u. ,��� �.._�av,; . � .� ,.... , � /� � � -4^-�-�/ �'�.�.-1./� residing at /o ? �� Z `� -T'%- ��n�' ��i<<� �i3, /-70 �� COMMONWEALTH OF PENNSYLVANIA : : SS COUNTY OF CUMBERLAND : I, GLADYS I. BURNS, (the Testatrix), and � v R o f"��Y � . �'.e w;� , �/ �t ��H- /�- �r u /�fi T ,and � �e n^�� �7 i ri✓ (the witnesses),whose names are signed to the foregoing instrument, being first duly sworn, each hereby declares to the undersigned authority that the Testatrix signed and executed the instrument as her last will in the presence of the witnesses and that she had 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 Testator was at that time eighteen years of age or older, of sound mind and under no constraint or undue influence. WIT`NESS: TESTATRIX: 9L�2�� � ,�a�.` �" �; � ; � ` LADYSI� URNS WITNESS: WITNESS: .�. � 1� j.��, �� `� , Su`�scribed, sworn to and acknowledged before me by GLADYS I. BURNS, the Testatrix, and subscribed and sworn to before me by �" ie ` r'f y �. r/t `'`' '''� , �r,�L �� /�� f�� r.�n r ,and S �3 �=rt nr�S �r-Z � T�� ,the witnesses,this � � day of ��'��'� , 2000. Notary Public My Commission expires: (SEAL) Notarial Seal Laure E.Kane,Notary Public Hampden Twp., Cumberland County My Commission Expires Nov. 15,2003 12 Member,PennsylvaniaAssociation of Notaries