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HomeMy WebLinkAbout03-31-14 (2) , ,_ , , ,_ . _ J 150561�105 REV-1500 EX`°2.">�F`> � OFFICIAL USE ONLY PA Department of Revenue Pennsylvania Bureau of Individual Taxes "`� �'` County Code Year File Number_ PO BOX z8o6oi (NHERITANCE TAX RETURN /j� �n Harrisburg PA 1�128-0601 RESIDENT DECEDENT �� ` J �lX �� ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death MMDDYYYY Date of Birth MMDDYYYY 06/02/2013 11/28/1923 DecedenYs Last Name Suffix Decedent's First Name MI Jensen Earl N (If Appticable)Enter Surviving Spouse's Information Below Spouse's�ast Name Suffix Spouse's First Name MI Spouse's Social Security Number THIS RETURN MUST BE FIIED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BEIOW � 1. Original Retum O 2. Suppiemental Retum p 3. Remainder Retum(Date of Death Prior to 12-13-82) p 4. Limited Estate O 4a. Fuiure interest Compromise(date of p 5. Federal Estate Tax Return Required death after 12-12-82) C� 6. Decedent Died Testate q 7. Decedent Maintained a Living Trust _____ 8. Total Number of Safe Deposit Boxes (Attach Copy of Will) (Attach Copy of Trust.) O 9. Litigation Proceeds Received O 10. Spousal Poverty Credit(Date of Death O 1 L Election to Tax under Sec.9113(A) Between 12-31-91 and 1-1-95) (Attach Schedule O) CORRESPONDENT- THIS SECTION MUST BE COMPLETED.AlL CORRESPONDENCE AND CONfIDENTIAL TAX INFORMATION SHOULD BE DIRECTED T0: Name Daytime Telephone Number Jeffrey N Yoffe (717) 343-1120 � REGI�R OF WII.LS�ONIY�, C -� � � � t�7 First Line o(Address � -� �y �y 2 Lemoyne Drive � � � w �;� � �__ �p �.�; �,, -_.� ,M _ Second Line of Address p, �^ ; ; �...., �_ Suite 100 " `�' � � ° i �� c-� -,f -- City or Post Office State ZIP Code Q87E FILED � N Lemoyne PA 17043 -o � �-, crr, Q �, � -T� CorrespondenYs e-ma�i adaress:j�roffe@yoffelawoffice.com Unde�penalhes of perjury.i declare that I have examined this retum,including accompanying schedules and statements,and to the bes[of my knowledge and beiief, it is true,correct and complete,Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge SIGNATU OF PERSON RESPpNSBLE FOR FI�ING RETURN OATE ir. .�t L �,J- ��'��J �C c�3- u� - zo►�. ADDRESS 2048 Chevy Chase Drive, Harrisburg, PA 17110 S�N TURE O�PRE�� OTHE$, �AN REPRESE ATIVE� /� �E N �� � ADDRESS 2 Lemoyne Drive, Suite 100, Lemoyne, PA 17043 PLEASE USE ORIGINAI. FORM ONLY Side 1 � 1505610105 1505610105 � J 1505610205 REV-1500 EX(FI) Decedent's Social Security Number DecedenCs Name: RECAPITULATION 1. Real Estate(Schedule A). . . . . . . . . . . . . . . . . . . . . . .. . . . . .. .. .. .. . . . . . . . . . 1. 2. Stocks and Bonds(Schedule B) . . . . . .. . . .. .. . . .. .. . . .. .. . . .... . . . .... . 2. 3. Ciosely Held Corporation,Partnership or Sole-Proprietorship(Schedule C) .. . . . 3. 4. Mortgages and Notes Receivable{Scheduie D) . . .. . . .. .. . . .... . . .. .. . . ... 4. 5. Cash, Bank Deposits and Miscellaneous Personal Property(Schedule E).. . . . . . 5. 6,337.74 6. Jointly Owned Property(Schedule F) O Separate Billing Requested . . . . . . . 6. 7. Inter-Vivos Transfers&Miscellaneous Non-Probate Properiy (Schedule G) O Separate Billing Requested.. . . . . . . 7. 8. Total Gross Assets(total Lines 1 throu h 7 8. 6,337.74 9 ). .. . . .. .. . . .. . . . . .. .. . . . . . . . 9. Funeral Expenses and Administrative Costs(Schedule H). . . . .. .. . . .. .. . . . . . 9. 3,213.08 10. Debts of Decedent, Mortgage Liabiiities and Liens(Schedule I).. . . . .. . . . . . . . 10. 11. Total Deductions(total Lines 9 and 10). . . . . .. . . . . . . . . . . .. . . . .. . . . . . . . . . 11. $,213.08 12. Net Value of Estate(Line 8 minus Line 11) . . . . . . . . . . .. . . . . .. . . . . .. . . . .. . 12. 3,124.66 13. Charitab�e and Governmentai Bequests/Sec 9113 Trusts for which an election to tax has not been made(Schedule J) . . . . . . . . . . . . . . . . . . . . . . 13. 14. Net Value Subject to Tax(Line 12 minus Line 13) . . . . .. . . . . .. .. . . .. .. . . . . 14. 3,124.66 TAX CALCULATION-SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate,or transfers under Sec.9116 3,124.66 (a)(1.2)X.045 15. 140.61 16. Amount of Line 14 taxable at lineal rate X.0_ 16. 17. Amount of Line 14 taxable at sibling rate X .12 17. 18. Amount of Line 14 taxable at collaterai rele X .15 18. 19. TAX DUE . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . .. . . .. .. . . . . . . . 19. �4�.61 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT O Side 2 � 1505610205 1505610205 J REV-1500 EX(FI) Page 3 file Number Decedent's Complete Address: DECEDENT'S NAME Earl N. Jensen STREETADDRESS 551 Old Orchard Lane CITY STATE ZIP Camp Hill, PA PA 17011 Tax Payments and Credits: 1. Tax Due(Page 2,Line 19) - (1) 140.61 2. CreditslPayments A.Prior Payments _ 8.Discount Total Credits�A+B) (2) 3. Interest (3) 0.35 4. If Line 2 is greater than Line 1 +Line 3,enter the difference. This is the OVERPAYMENT, Fiil in oval on Page 2,Line 20 to request a refund. (4) 5. If Line 1 +Line 3 is greater than Line 2,enter the difference.This is the TAX DUE. (5) 140.96 Make check payable to: REGISTER OF WILLS, AGENT. PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No a. retain the use or income of the property transferred.......................................................................................... ❑ � b. retain the right to designate who shall use the property transferred or its income ............................................ ❑ � c. retain a reversionary interest .............................................................................................................................. ❑ � d. receive the promise for life of either payments,benefits or care?...................................................................... ❑ � 2. If death occurred after Dec. 12,1982,did decedent transfer property within one year of death without receiving adequate consideration?.............................................................................................................. ❑ � 3. Did decedent own an"in trust for"or payable-upon-death bank account or security at his or her death?.............. ❑ ❑ 4. Did decedent own an individual retirement account,annuity or other non-probate property,which contains a beneficiary designation? .............................._....................................................................._................. ❑ � IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES,YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN, For dates of death on or after July 1, 1994,antl before Jan. 1, 1995,the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3 percent[72 P,S.§9116(a)(1.1)(i)]. For dates of death on or after Jan. 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0 percent (72 P.S.§9116(a)(1,1)(ii)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 return are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1,2000: • The tax rate imposed on the net value of transfers from a deceased child 21 years of age or younger at death to or for the use of a natural parent, an adoptive parent or a stepparent of the chiltl is 0 percent[72 P.S.§9116(a)(1.2)]. • The tax rate imposed on the net value of transfers to or for the use of the decedenYs lineai beneficiaries is 4,5 percent,except as noted in[72 P.S.§9116(a)(1)]. • The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 12 percent[72 P.S. §9116(a)(1.3)].A sibling is defined, under Section 9102,as an individual who has at least one parent in common with the decedent,whether by blood or adoption. RF..V 15Q2. FX+ (I2.-12) �� �� � ��� pennsytvania SCHEDULE A � DEPARTMENT OF REVENUE INHERITANCETAX RETURN REAL ESTATE RESIDENT DECEDENT ESTATE OF: FILE NUMBER: Earl N Jensen 21-13-0685 All real property owned solely or as a tenant in common must be reported at fair market value.Fair market value is defined as the price at which property would be exchanged between a willing buyer and a willing seller,neither being compelled to buy or sell, both having reasonable knowledge of the relevant facts, Real property that is jointly-owned with right of survivorship must be disclosed on Schedule F. Attach a copy of the settlement sheet if the property has been sold. ITEM Include a copy of the deed showing decedenYs interest if owned as tenant in common. VALUE AT DATE NUMBER OF DEATH DESCRIPTION 1• 551 Old Orchard Lane,Camp Hill,PA Real estate not yet sold. Fair market value to be reported on a supplemental inheritance tax retum. TOTAL(Also enter on Line 1, Recapitulation,) $ 0.00 If more space is needed,use additional sheets of paper of the same size. REV-i5o3 EX+(8-iz) � pennsylvania SCNEDVLE B DEPARTMENT OFREVENUE INHERITANCETAXRETURN STOCKS & BONDS RESIDENT DECEDENT ESTATE OF FILE NUMBER Earl N. Jensen 21-13-0685 All property jointly owned with right of survivorship must be disclosed on Schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1' Cetera Advisor Networks,LLC. Value to be disclosed on a supplemental return. TOTAL(Also enter on Line 2, Recapitulation) $ If more space is needed, insert additional sheets of the same size REV-15o8 EX+(o8-iz) � pennsylvania SCHEDULE E �EPARTMENTOFREVENUE CASH, BANK DEPOSITS & MISC. INHERITANCE TAX RETURN PERSONAL PROPERTY RESIDENT DECEDENT ESTATE OF: FILE NUMBER: Earl N. Jensen 21-13-0685 Include the proceeds of litigation and the date the proceeds were received by the estate. All property jointly owned with right of survivorship must be disclosed on Schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. Integrity Bank Savings Account(Acct.#0406000023). Value to be disclosed on a supplemental return. 2. Integrity Bank Checking Account(Acct.#0206000051).Value to be disclosed on a supplemental return. 3. Integrity Bank Checking Account(Acct.#02201034638). Value to be disclosed on a supplemental return. 4. Refunded John Hancock insurance premium 1,912.74 5. 1 gun 125.00 g, 2002 Pontiac Sunfire 4,000.00 7, Miscellaneous household personal property 300.00 TOTAL(Also enter on Line 5, Recapitulation) $ 6,337.74 If more space is needed, use additional sheets of paper of the same size. REV-1511 EX+ {OS-13) � pennsylvania SCHEDULE H DEPARTMENTOFREVENUE FUNERAL EXPENSES AND INHERITANCE TAX RETURN ADMINISTRATIVE COSTS RESIDENT DECEDENT ESTATE OF FILE NUMBER Earl N. Jensen 21-13-0685 DecedenYs debts must be reported on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1. B. ADMINISTRATIVE COSTS; 1. Personal Representative Commissions; Name(s)of Personal Representative(s) Street Address City State ZIP_ Year(s)Commission Paid: 2,700.00 2. Attorney fees: 3. family Exemptlon: (If decedenYs address is not the same as claimanYs, attach explanation,) Claimant Street Address Clty ____ State ZIP Relationship of Claimant to Decedent 4. Probate Fees: 333.50 5. Accountant fees: 6. Tax Return Preparer Fees: �� The Carlisle Sentinel(advertising) 104.58 Cumberland Law Journal(advertising) 75.00 TOTAL(Also enter on Line 9, Recapitulation) $ 3,213.08 If more space is needed, use additional sheets of paper of the same size. REV-1513 EX+ (01-10) �,`V`�i pennsylvania SCHEDULE � � OEPARTMfNT OFRfVfNUE ]NHERITANCE TAX RETURN BE N E FICIARI ES RESiDENT DECEDENT ESTATE OF: FILE NUMBER: Earl N Jensen 21-13-0685 RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S)RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE I TAXABLE DISTRIBUTIONS[Include outright spousal distributions and transfers under Sec,9116(a)(1.2).] 1. Eric W.Jensen Son 1/2 Nancy K.Jensen Unremarried Daugh inLaw 1/6 PeterJensen Grandson 1/6 Phillip Jensen Grandson 1/6 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18 OF REV-1500 COVER SHEET,AS APPROPRIATE. II NON-TAXABLE DISTRIBUTIONS A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN: 1. B, CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS: 1. TOTAL OF PART II— ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET. $ If more space is needed,use additional sheets of paper of the same size. LAST WiLL AND TESTAMENT OF EARL N.JENSEN I, Earl N. Jensen, of Cumberland County, Pennsylvania, being of sound mind and memory, do make, publish and declare this my Last Will and Testament, hereby revoking any and all Wills by me heretofore made. FIRST: 1 direct that my funeral be conducted in a manner corresponding with my estate and situation in life,and that all my just debts and funeral expenses be paid and satisfied by my Executor or Executrix hereinafter named, as soan as canveniently may be after my decease. SECOND: After payment of debts and funeral expenses set forth in paragraph FIRST above, 1 specifically devise the sum of $30,000,00 to my former daughter-in-law Diane Jensen. THIRD: After payment of debts and funeral expenses set forth in paragraph FIRST and after payment of the specific devise set forth in paragraph SECOND, I give, devise and bequeath 1) one-half(50%) of the remainder of my estate, both real, personal and mixed, of whatsoever kind and wheresoever situate, to my son, Eric William Jensen; 2) one-sixth (16.6667%) of the remainder of my estate, both real, personal and mixed, af whatsoever kind and wheresoever situate, to my daughter-in-law Nancy K. Jensen; 3) one-sixth(16.6667%) of the remainder of my estate, both real, personal and mixed, of whatsoever kind and wheresoever situate, to my grandson Peter Jensen; and 4) one-sixth (16.6667%)of the remainder of my estate, both real, Page 1 of 5 �' � E. .J. personal and mixed, of whatsoever kind and wheresoever situate, to my grandson Phillip Jensen, FOURTH: If any one or more of the Beneficiaries set forth in paragraphs SECOND or THIRD do not survive me for a period of at least 60 days, then I direct that the deceased Beneficiary(ies)share(s)be divided into as many equal shares as there are surviving Beneficiaries and then the resulting share(s) shall be distributed to the surviving Beneficiaries. FIFTH: Anything herein to the contrary notwithstanding, if any Beneficiary set forth herein has not at the date of distribution of my estate, attained 21 years of age, I direct that the share(s) allocable to such Beneficiary be paid in Trust upon the fol)owing terms and conditions and for the following uses and purposes: a) T'he Trustee shall invest and reinvest the Trust assets. b) A separate Trust shall be maintained for each Beneficiary of mine whose share is paid to said Trustee. c) The Trustee may in its sole and uncontrolled discretion pay any amounts of income and/or principal for the health, support, education, welfare and maintenance of said Beneficiary(s). d) All payments by the Trustee relating to a particular Beneficiary(s), or expenses charged or paid allocable to a particular Trust, shall be paid out of and from that Trust. Page 2 of 5 V• �' E. .J. e) The Trusts shall be managed and the Trust funds invested in accordance with the provisions of the Pennsylvania "Probate, Estates and Fiduciaries Code", its supplements and amendments, except as otherwise provided herein. � Upon a Trust Beneficiary attaining age 21, that Trust shall terminate and the Trustee shall pay to such Beneficiary, free and clear of the Trust, all remaining assets of that Trust. SIXTH: No interest in principal or income shall be assignable by any Trust beneficiary hereinunder or available to anyone having a claim against such beneficiary until actual distribution thereof to such beneficiary. SEVENTH: I hereby nominate, constitute and appoint Eric William Jensen, to be the Executor af this my Last Will and Testament. If the said Eric William Jensen is unable or unwilling to serve as such,I then appoint Diane Jensen to so serve. EIGHTH: I nominate, constitute and appoint Nancy K. Jensen to be the Trustee of any Trust established pursuant to this Last Will and Testament. NINTH: I direct that the Trustee may compensate herself out of any Trust over which they are Trustee but that such compensation shall not exceed 1%af the net asset value of the Trust per year. TENTH: I direct that any fiduciary of mine herein named, be permitted to serve without bond in any jurisdiction where a bond would be required for the faithful performance of his or her duties, in the absence of this provision. Page 3 of 5 � � E. . ELEVENTH: [ direct that any and all inheritance, estate and transfer taxes imposed upon my estate, passing under my Wilt or otherwise, shall be paid out of the principal of my estate before any distributions are made to any Beneficiaries set forth herein. I, Earl N. Jensen, the Testator whose name is signed to the foregoing instrument, having been duly qualified according to law, do hereby acknowledge that C signed and executed the instrument as my Last Will; and that I signed it willingly and as my free and voluntary act for the purposestherein expressed. ��C�?� � .�P (Seal) Earl N.Jenscn Sworn to or affirmed and acknowledged before me by Earl N. Jensen, the Testator, this i��-�-�-1---day of � , 2008. 10A1MONlvE:11�111 UP NI�N�SYLVAI'dlA NOYafIP� ;iC1� Jeffrey N. Yofle- Nutary Puhlic AR UBLIC East Pennsburo T�vp Cumberland County My Commission Expirel Oct 23, 2008 Member,PennsylvaniP Association nf Notaries My Commission Expires: We, �IldiiSS�i S e�y��� and �v/n'ltt� �. %vf��; the witnesses, whase names are signed to the foregoing instrument, being duly qualified according to law, do depose and say that we were present and saw the Testator sign and execute the instrument as his Last Will;that the Testator signed willingly and executed it as his free and voluntary act for the purposes therein expressed;that each subscribing witness in the hearing and sight ofthe Testator signed the will as a Page 4 of 5 � � E. .J witness; and that to the best of our knowledge the Testator was at that time 18 or more years of age,of sound mind and under no constraint or undue influ�nce. . =��'�!' �( �- Witness .. , n � /� - ��;�/ wim ss Sworn to or affirmed and subscribed to before me by �/v/�u� /l�l yU t^f({ and M�ll/��Sti S C��yG'i , witnesses this�day of // ,2008. ___._..._.s<<��:_._._�__ ``n�''�/�. Ji�;��}C) iv. l�U�i�;�. ti`Ji.11)� ;�C;�i(C • r.,.� ��,�,�:;��r��, n �, �_�,,»i,«i.,�,a c��,�,�v TAR AUBLIC 1�9}� ('ontmi;siun f�.����.s' Uc[ 23. 2008� tvtanih-;i, ;un vdr,,..�•,,:s�:.��hoii v,Notones My Commission Expires: Page 5 of S < /�` � E. ,J. LAW OFFICE YOFFE & YOFFE,P.C. 2 Lemoyne Drive, Suite 100 Lemoyne,PA 17043 NORMAN M. YOFFE(1929-2010) Telephone(717)343-1120 JEFFREY N. YOFFE Fax(717)303-5226 March 28, 2014 Office Of Register Of Wills Cumberland County Courthouse 1 Courthouse Square, Room 102 Carlisle, PA 17013 Re: Estate of Earl N. Jensen; 2013-00685 Dear Interested Person: Please file the enclosed inheritance tax return. Thereafter, return to me a time stamped copy of the 1 S` page of the return. A check for 140.96 is enclosed. Thank you. Sincerely, YOFFE & YOFFE, P.C. By -�"�: Jeffrey N. Yoffe jyoffe@verizon.net N n O � o � � m � � � � � -a � o ''' z c� � cn �s � �, r. _-� c� ,.,��, � n"; � +-rl F7'"1 � '. 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