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HomeMy WebLinkAbout04-15-14 REV-1500 EX(01-10) 1505610143 OFFICIAL USE ONLY Department of Revenue pennsylvania County code year File Number Bureau of Individual Taxes Do^°^*ME+*or aaveaue PO BOX.280601 INHERITANCE TAX RETURN 21 14 0065 Harrisburg, PA 17128-0601 RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death Date of Birth 01 10 2014 06 12 1926 Decedent's Last Name Suffix Decedent's First Name MI ADAMS BETTY L (If Applicable)Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW 1. Original Return 2. Supplemental Return L1 3. Remainder Return(date of death prior to 12-13-82) 4. Limited Estate 4a. Future Interest Compromise F-1 5. Federal Estate Tax Return Required (date of death after 12-12E2) B Decedent Died Testate ❑ (Decede Maintained a Living Trust 0 8. Total Number of Safe Deposit Boxes (Attach Copy of WWI Copy of Trust) P 9. Litigation Proceeds Received to Spousal Povedvv Credit{tlate of death 11.Election to tax under Sec.9113(A) between 12-31-91 and -1-95) (Attach$ch.O) ( ) CORRESPONDENT-THIS SECTION MUST BE COMPLETED.ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number BRADLEY L GRIFFIE 717 243 5551 ) V REGISTE"F WILLS UWONL'r� 6? First line of address 1,77 -9 cJt 200 NORTH HANOVER STREE : n r- f~ Firt Second line of address N p O CJ n O n 0 -rt 3 M n !✓ City or Post Office State ZIP Code Dp41 LED r m_13 CARLISLE PA 17013 N ^ Correspondent's e-mail address: bgriffie( griffielaw.cOm Under penalties of perjury,I declare that I have examined this return,including accompanying schedules and statements,and to the best of my knowledge and belief, it is true,correct and complete.Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge. SIGNATURE OF (L' PERSON RESPONSIBLE FOR FILING RETURN DATE R, --t x- LM ' Richard L. Adams,Jr. W—IL{ —/W ADDRESS 916 Gobin Drive Carlisle PA 17013 SIG PREPA TH N REPRESENTATIVE DATE Bradley L Griffie y y DoR 0 North Hanover Street, Carlisle, PA Side 1 L 1505610143 1505610143 _J 1505610243 REV-1500 EX Decedent's Social Security Number Oewded's Nam Adams, Betty L. RECAPITULATION 1. Real Estate(Schedule A)....................................................................................... 1. 2. Stocks and Bonds(Schedule B)............................................................................. 2. 3. Closely Held Corporation,Partnership or Sole-Proprietorship(Schedule C)......... 3. 4. Mortgages&Notes Receivable(Schedule D)........................................................ 4. 5. Cash,Bank Deposits&Miscellaneous Personal Property(Schedule E)............... 5. 1 , 771 . 00 6. Jointly Owned Property(Schedule F) ❑ Separate Billing Requested............ 6. 775 . 28 7. Inter-Vivos Transfers&Miscellaneous tyoq Probate Property (Schedule G) u Separate Billing Requested............ 7. 8. Total Gross Assets(total Lines 1-7)..................................................................... 8. 2 , 546 . 28 9. Funeral Expenses&Administrative Costs(Schedule H)....................................... 9. 2 , 771 . 67 10. Debts of Decedent,Mortgage Liabilities,&Liens(Schedule 1).............................. 10. 49, 074 . 62 11. Total Deductions(total Lines 9& 10)................................................................... 11. 51 , 846. 29 12. Net Value of Est ate(Line 8 minus Line 11).......................................................... 12. -49, 300 . 01 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made(Schedule J)............................................... 13. 14. Net Value Subject to Tax(Line 12 minus Line 13)............................................... 14. -49 , 300 . 01 TAX COMPUTATION-SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate,or transfers under Sec.9116 15 0 . 00 (a)(1.2)X.00 16. Amount of Line 14 taxable at lineal rate X .045 0 . 00 16. 0 . 00 17. Amount of Line 14 taxable at sibling rate X.12 0 . 00 17. 0 . 00 18. Amount of Line 14 taxable at collateral rate X.15 0 . 00 18. 0 . 00 19. Tax Due.................................................................................................................. 19. 0 . 00 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. Side 2 L 1505610243 1505610243 REV-1500 EX Page 3 File Number 21-14-0065 Decedent's Complete Address: DECEDENT'S NAME Adams, Betty L. STREETADDRESS 1000 Claremont Road CITY STATE ZIP Carlisle PA 17013 Tax Payments and Credits: 1. Tax Due(Page 2, Line 19) (1) 0.00 2. Credits/Payments A. Prior Payments B. Discount 0.00 Total Credits(A +B) (2) 0.00 3. Interest (3) 4. If Line 2 is greater than Line 1 +Line 3,enter the difference. This is the OVERPAYMENT. (4) Check box on Page 2 Line 20 to request a refund 5. If Line 1 +Line 3 is greater than Line 2,enter the difference. This is the TAX DUE. (5) 0.00 Make Check Payable to: REGISTER OF WILLS, AGENT. PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and Yes No a+ retain the use or income of the property transferred;..... ...................... .......... ❑ ❑x b. retain the right to designate who shall use the property transferred or its income;............. .................... ❑ ❑x c. retain a reversionary interest;or............................................................................................................... ❑ ❑x d. receive the promise for life of either payments,benefits or care?............................................................ ❑ ❑x 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration?.................................................................................................................... ❑ ❑x 1 Did decedent own an"in trust for' or payable upon death bank account or security at his or her death?....... ❑ ❑x 4. Did decedent own an Individual Retirement Account,annuity, or other non-probate property which contains a beneficiary designation?.........................................................................-............................. .......... ❑ ❑x IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES,YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. For dates of death on or after July 1, 1994 and before Jan. 1, 1995,the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3 percent[72 P.S.§9116(a)(1.1)(i)]. For dates of death on or after January 1, 1995,the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0 percent [72 P.S. §9116(a)(1.1)(ii)]. The statute does not exempt a transfer to a surviving spouse from tax,and the statutory requirements for disclosure of assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1,2000: • The tax rate imposed on the net value of transfers from a deceased child 21 years of age or younger at death to or for the use of a natural parent,an adoptive parent, or a stepparent of the child is 0 percent[72 P.S.§9116(a)(1.2)]. • The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4.5 percent,except as noted in 72 P.S.§9116 1.2)[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)1. A sibling is defined under Section 9102,as an individual who has at least one parent in common with the decedent,whether by blood or adoption. Rev.1508 SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY COMMOMNFALI OFPENNSYLVWA INHERITANCE TAX RETURN RESIDENTDECEMW ESTATE OF FILE NUMBER Adams, Betty L. 21-14-0065 Include the proceeds of litig8uon and me data the proceeds were received by the estate. All property jolntlyo nod vdth the right of survivorship must Da disclosed on schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1 2013 Personal Tax Refund 500.00 2 Claremont Nursing& Rehabilitation Center- 546.24 (Personal Care Account) 3 Highmark Blue Shield - 724.76 Medical Insurance Payment TOTAL(Also enter on Line 5. Recapitulation) 1,771.00 (If more space is needed,additional pages of the same size) Copyright(c)2002 form software only The Lackner Group,Inc. Forth PA-1500 Schedule E(Rev.6-98) Rev-1509 EX-(6.98) �. SCHEDULEF COMMGNWEALTHOFPENNSYLVAMA JOINTLY-OWNED PROPERTY INHERITANCE TA%RETURN RESIDENTOECEDENT ESTATE OF FILE NUMBER Adams, Betty L. 21-14-0065 If an asset was made joint within one year of the decedent's date of death,It must De reported on schedule G. SURVIVING JOINT TENANT(S)NAME ADDRESS RELATIONSHIP TO DECEDENT A. Richard L. Adams, Jr. 916 Gobin Drive Son Carlisle, PA 17013 B. C. JOINTLY OWNED PROPERTY: DESCRIPTION OF PROPERTY %OF DATE OF DEATH ITEM FORTJOIN MADE INCLUDE NUMBER OR SIMILAR IDENTIFYING I INSTITUTION AND ATTACH DEED OFOR DATE OF DEATH DEC ES DECE ENTS NTEREST VALUE OF NUMBER TENANT JOINT JOINTLY-HELD REAL ESTATE. VALUE OF ASSET 1 A 9/612006 Citizens Bank Checking Account- 1.550.55 50.000% 775.28 Account No. XXXXXX4129 (See attached statement) TOTAL(Also enter on Line 6, Recapitulation) 775.28 (If more space is needed,additional pages of the same size) Copyright(c)2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule F(Rev.6-98) REV-1151 EX.(IMG) SCHEDULE H COMMONWEALTH OF PENNSYLVANIA FUNERAL EXPENSES & "NEN'DENTTDE DEN�R" ADMINISTRATIVE COSTS ESTATE OF FILE NUMBER Adams, Betty L. 21-14-0065 Debts of decedent must be reported on Schedule I. ITEM DESCRIPTION AMOUNT NUMBER A. FUNERAL EXPENSES: See continuation schedule(s) attached 883.87 B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Name of Personal Representative(s) Street Address City State Zio Yearfs)Commission bald 2. Attorney's Fees Griffie&Associates, P.C. 1,500.00 3. Family Exemption: (If decedent's address is not the same as claimant's,attach explanation) Claimant Street Address City State Zio Relationship of Claimant to Decedent 4. Probate Fees 143.50 5. Accountant's Fees 6. Tax Return Preparer's Fees 7. Other Administrative Costs 244.30 See continuation schedule(s) attached TOTAL(Also enter on line 9, Recapitulation) 2,771.67 Copyright(c)2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule H(Rev. 10-06) SCHEDULE H FUNERAL EXPENSES AND ADMINISTRATIVE COSTS continued ESTATE OF FILE NUMBER Adams, Betty L. 21-14-0065 ITEM NUMBER DESCRIPTION AMOUNT Funeral Expenses 1 Hoffman-Roth Funeral Home&Crematory, Inc. - 883.87 (Partial prepayment) H-A 883.87 Other Administrative Costs 2 Cumberland Law Journal (Advertising) 75.00 3 Sentinal (Advertising) 169.30 H-67 244.30 Copyright(c)2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H(Rev.6-98) Rev-1512 EX.(12-08) SCHEDULE 1 DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENTDECEDENT ESTATE OF FILE NUMBER Adams, Betty L. 21-14-0065 Report debts incurred by the decedent prior to death that remained unpaid at the date of death,including unrei mbursed medical expenses. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1 Commonwealth of Pennsylvania- 48,984.82 Department of Public Welfare Third Party Liability Claim (Medicaid) 2 Cumberland Goodwill Fire&Rescue EMS 89.80 TOTAL(Also enter on Line 10, Recapitulation) 49,074.62 (If more space is needed,additional pages of the same size) Copyright(c)2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule I(Rev. 12-08) REV-1518 EX+t11-0&) +R E(�TgU SCHEDULE J COAW WT NTEDEFAPEK AN � BENEFICIARIES ESTATE OF R�y FILE NUMBER Adams, Betty L. 21-14-0065 NAME AND ADDRESS OF RELATIONSHIP TO SHARE OF ESTATE AMOUNT OF ESTATE NUMBER PERSON(S)RECEIVING PROPERTY DECEDENT ($5$) Do Nat List ( Ards) 1. TAXABLE DISTRIBUTIONS [include outright spousal distributions,and transfers under Sec.9116(a)(1.2)] Richard L. Adams,Jr. Son One hundred 916 Gobin Drive percent of net Carlisle, PA 17013 estate Total Enter dollar amounts for distributions shown above on lines to throutin 18 on Rev 1500 cover sheet,as a ro riate. NON-TAXABLE DISTRIBUTIONS: Ii. A.SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN S.CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART II-ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEETI Copyright(c)2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule J(Rev. 11.08) Will I, Betty L.Adams, of 916 Gobin Drive, Carlisle, Cumberland County, Pennsylvania, declare this to be my last will and revoke any will previously made by me. Item One: I direct that all my debts and funeral expenses including my gravemarker shall be paid from my residuary estate as soon as practicable after my decease as a part of the expense of the administration of my estate. Item Two: I give, devise, and bequeath my entire estate to my son, Richard L. Adams, Jr. In the event that he predeceases me, then I give, devise, and bequeath my entire estate to my grandson Michael R. Adams. In the event that he also predeceases me, then I give, devise, and bequeath my entire estate to the wife of my son Richard L. Adams, Jr., Marcelina M. Adams. Item Three: I appoint my son,Richard L. Adams, Jr., Executor of this my last will. Should he fail to qualify or cease to act as Executor, I appoint his wife, Marcelina M. Adams, to act as Executrix with the same rights,powers, and duties. Item Four: I appoint my son's wife, Marcelina M. Adams, Guardian of any property which passes to any person under the age of 20 years and with respect to which 1 am authorized to appoint a Guardian and have not otherwise specifically done so. Should she fail or cease to act as Guardian,I appoint Members First Credit Union to act with the same rights,powers, and duties. Guardian shall establish separate guardianship accounts and shall have the power to use income from time to time for the beneficiary's education, including technical and vocational training and graduate school,travel, support, and welfare without regard to his or her parents' ability to provide for such education, travel, support, and welfare, or to make payment for these purposes,without further responsibility, to the beneficiary or to the beneficiary's parents or to any person taking care of the beneficiary. Guardian shall administer the account until the beneficiary becomes 18 years of age, at which time the Guardian shall transfer the principal and income remaining in the separate guardianship account to my trustee, being the same person as my designated guardian, who shall then administer a trust account, of both principal and income and any other funds transferred to the accounts designated, for the beneficiary's education, including technical and vocational training and graduate school, travel, support, health, and welfare. When the guardianship or trust account is less than'$5,000.00 or the beneficiary becomes 20 years of age, the share of the beneficiary remaining in the account shall be paid to the beneficiary in full and the guardianship or trust terminated. In the event of the death of any beneficiary after my decease and prior to reaching the age of 20 years, his or her share shall be distributed equally among his or her children; otherwise to my surviving children or child to be administered in accordance with the guardianship and/or trust provisions. No interest under this instrument shall be transferable or assignable by any beneficiary, or be subject during its life to the claims of creditors. Guardian and trustee shall not be required to file accountings with any court. In the event that any provision of this will shall be interpreted to violate the Rule against Perpetuities, then the remaining provisions of this will shall not be invalid. Guardian shall administer the guardianship and dispose of assets so as not to violate the rule, making distribution as required to a life or lives in being plus 21 years. Item Five: All estate, inheritance, succession, and other taxes, imposed or payable by reason of my death, and interest and penalties thereon, with respect to all property comprising my gross estate for tax purposes, whether or not such property passes under this will, shall be paid out of the principal of my residuary estate, without apportionment or right of reimbursement. Item Six: I direct that my personal representative or guardian shall not be required to give bond for the faithful performance of their duties in any jurisdiction. Item Seven: In addition to the rights and powers given to the fiduciaries by law or elsewhere in this will, I give to my Executor during the full time necessary and for the administration of my estate the following rights and powers to be exercised in his or her sole discretion. A. To retain any real or personal property which may at any time form a part of my estate so long as he or she deems it advisable. B. To invest in any real or personal property without restrictions to legal investments. C. To repair, alter, improve or lease for any period of time any real or personal property and to give options for leases. D. To sell at public or private sale, for cash or credit, with or without security, to exchange or to partition, to mortgage or pledge real or personal property, and to give options for leases. E. To make distribution in kind. F. To compromise claims. IN WITNESS WHEREOF, I have hereunto set my hand this 25'h day of January,2002. Signed . Y, Z� Betty K Adams The preceding instrument, consisting of this and two other typewritten pages each identified by the signature of the Testatrix was on the day and date thereof signed,published and declared by the Testatrix therein named as and for her last will, in the presence of us,who at her request, in her presence and in the presence of each other have subscrib on ames. COMMONWEALTH OF PENNSYLVANIA ss COUNTY OF CUMBERLAND We John H. Broujos and Toy S tf—� witnesses whose names are signed to the attached or foregoing instrument b ng duly qud according to law; do depose and say that we were present and saw the Testatrix sign and execute the instrument as her last will; that she signed willingly and executed it as her free and voluntary act for the purposes therein expressed; that each of us in the hearing and sight of the Testatrix signed the will as witnesses; d a the best of our knowledge, the Testatrix was at the time 18 or more years o e,o oupd rMind an nder no constraint or undue influence. Swom and subscribed to before me th s 25`h day of Janua ,2002. / Gc�Gc� NO ARY PUBLIC Notarial Seal Bridget Ann Corcoran,Note ry Public Carlisle Boro,Cumberland County 'Ay Commission Expires June 10,2002 COMMONWEALTH OF PENNSYLVANIA ss COUNTY OF CUMBERLAND 1,Betty L.Adams, whose name is signed to the attached document, having been duly qualified according to law, do hereby acknowledge that I signed and executed the instrument as my last will; that I signed it as my free and voluntary act for the purposes therein expressed. BettyL. Adams, Testatrix Sworn and affirmed to and acknowledged before me this `h day of January,2002. TARY PUBLIC �J Notarial Seal 0rid et Ann Corcoran,Notary Public Garllsle Boro,Cumberland County My Gommlesion Expires June 10,2002 Ca .a ,l� z e 6 U s a n One Citizens Drive ROP 112 Riverside,RI 02915 February 10,2014 Griffie&Associates Atta Bradley L Griffie 200 North Hanover St Carlisle PA 17013 Estate of Betty L Adams Date of Death: Jan 10, 2014 SSN: 498-24-9926 Dear Sir/Madam: In accordance with your request,the attached information sheet has been provided in the above decedent's name as of his/her date of death. As per your request, the decedent's account became jointly titled on September 6, 2006 when Richard L Adams was added on. Also,there were no large withdrawals made from the account that occurred within 4Decedent ths prior to date of death. For any other inquiries,please call 1-877-579-2667. r nt Proce ssing REF#: 628132 KIM Citizens Bank ,a Account Number 6100734129 Account Title Betty L Adams/Richard L Adams Jr Date Opened 5/29/1979 Account Type Checking Principal Balance as of DOD $1550.55 Interest from Last Posting to DOD $ .00 Account Balance as of DOD $1550.55 YTD Interest to DOD $ .00 I