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HomeMy WebLinkAbout03-25-14 (2) 1505610101 REV-1500 °"01-1e' OFFICIAL USE ONLY PA Department of Revenue Pennsylvania Bureau of Individual Taxes County Code Year File Number PO BOX28o6o1 INHERITANCE TAX RETURN Harrisburg PA 17128-0601 RESIDENT DECEDENT 12111 1 4 0 0 2 3 ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death MMDDYYYY Date of Birth MMDDYYYY 0 11 10 12 12 101 1 4 0 6 1 8 1 9 2 9 Decedent's Last Name Suffix Decedent's First Name MI O C' o n nor I i I I ® D i a n e (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 0 1.Original Return O 2.Supplemental Return - R O 3. Remainder Return(date of death prior to 12-13-82) ' O 4. Limited Estate O 4a.Future Interest Compromise(date of O 5. Federal Estate Tax Return Required death after 12-12-82) O 6. Decedent Died Testate O 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 11. Election to tax under Sec.9113(A) between 12-31-91 and 1-1-95) (Attach Sch.O) CORRESPONDENT- THIS SECTION MUST BE COMPLETED.ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number o L D e L u c a 171117 5 8 8 REGI RAF WILLS - ON m = C N D r f V m First line of address D 2 M S t r e e t ,v c� o -n oI Second line of address c> O - I 3 r P O B o x 1315181 D City or Post Office State ZIP Code +�DATE FILED~ Mum ISM = ®A 1 7 0 0 7 Correspondent's e-mail address: Under penalties of perjury,I declare that 1 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 representable is based on all information of which preparer has any knowledge. SIGNAT OF PE SON RESPgNSJgLE F FI G TURN DATE DCy o ADDRESS SIGNATURE OF PREPARER OTHER THAN REPRESENTATIVE V DATE ADDRESS PLEASE USE ORIGINAL FORM ONLY Side 1 1 1505610101 1505610101 \� t. Ji. -1 REV-1500 EX Decedent's Social Security Number Decedent's Name: 10,18 6 F2 8 W 5 14 14,'l 11 RECAPITULATION 1. Real Estate(Schedule A). .......... .. .... .... ............... ......... 1. 2Z ;6 3- 0 ( ) . .........................'. 9 9 9 .6 2 6 .5 9' 2. Stocks and Bonds Schedule B ... ....... .. 2. •- 3. Closely Held Corporation, Partnership or Sole-Proprietorship(Schedule C) . .... 3. 0- 0 . 0 0 4. Mortgages and Notes Receivable(Schedule D)............ .... .......... . 4. 01 0, ,EE 5. Cash, Bank Deposits and Miscellaneous Personal Property(Schedule E)....... 5. 6. Jointly Owned Property(Schedule F) p Separate Billing Requested ....... 6. r0 0 . 0 0 7. Inter-Vivos Transfers&Miscellaneous Non-Probate Property (Schedule G) O Separate Billing Requested........ 7. 0 0 „0 0 ' 8 Total Gross Assets(total Lines 1 through 7).......... .... ....... ........ 8. 1 4 r 3 7 4 4 •; 6 2 r. rn 9. Funeral Expenses and Administrative Costs(Schedule H). .................. 9. 5 8,53 0 4 7 7 10. Debts of Decedent,Mortgage Liabilities,and Liens(Schedule 1) ... ... ........ 10. ( 2 13 7 1 11. Total Deductions(total Lines 9 and 10)... ....... ........ .............. . 11. 6 4,!(5 7 8 . 4 8 12. Net Value of Estate(Line 8 minus Line 11) ....... ........ ....... ........ 12. 1 „3 7 2 a9 6 6 ;1 4 13. Charitable and Governmental Bequests/Sec;9113 Trusts for which n1 - an election to tax has not been made(Schedule J) ..... .... .............. . 13. Lz O 14. Net Value Subject to Tax(Line 12 minus Line 13) ..... .... .... ... ....... . 14. 1 , 7 2,.9 6 6 •�1 4 TAX CALCULATION-SEE INSTRUCTIONS FOR APPLICABLE RATES E 1 15. Amount of Line 14 taxable C) at the spousal tax rate,or M r. transfers under Sec.9116 (ay(1.2)X'.0_ C. 15. nl 16. Amount of Line 14 taxable o at lineal rate x.0 1 ,3 7 :2,,9 6 6 . • 1 4 16. 6 1 , 7 4 8 rr 17. Amount of Line ' taxable at sibling rate X.12 17. .. 18. Amount of Line 14 taxable at collateral rate X.15 18. 19. TAX DUE .... ................... ..................... ............. 19. 6 1 ,7 8 . 4 8 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT p Side 2 1505610105 1505610105 REV-1500 EX Page 3 File Number Decedent's Complete Address: 21 -14-0023 DECEDENT'S NAME Diane F. O'Connor STREET ADDRESS 659 Spring Lane CITY Boiling Springs, STATE PA ZIP 17007 Tax Payments and Credits: 1. Tax Due(Page 2,Line 19) (1) $61 , 783.48 2. Credits/Payments A.Prior Payments —0— S.Discount $3, 089. 17 3, 0 8 9 . 1 7 Total Credits(A+B) (2) 3. Interest 4. If Line 2 is greater than Line 1 +Line 3,enter the difference. This is the OVERPAYMENT. Fill 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) $58, 694 . 31 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;.......................................................................................... ❑ a] b. retain the right to designate who shall use the property transferred or its income;............................................ ❑ c. retain a reversionary interest;or.......................................................................................................................... ❑ Q d. receive the promise for life of either payments,benefits or care?...................................................................... ❑ IX-7 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,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)(1)]. 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)). 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(12)[72 P.S.§9116(a)(1)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. REV11502 E%+ (01-10) pennsylvania SCHEDULE A DEPARTMENT OF REVENUE INHERITANCE TAX RETURN REAL ESTATE RESIDENT DECEDENT ESTATE OF: FILE NUMBER: Diane F. O'Connor 21 -14-0023 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 decedent's interest If owned as tenant in common. VALUE AT DATE NUMBER OF DEATH DESCRIPTION 1 Rdsidence situated at 659 Spring Lane, $263, 000 . 00 Boiling Springs, PA 17007. See Attached Appraisal "A" TOTAL (Also enter on Line 1, Recapitulation.) $ . If more space is needed, use additional sheets of paper of the same size. t REV-1503 EX+(6-98) SCHEDULE B COMMONWEALTH OF PENNSYLVANIA STOCKS St BONDS INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Diane F. O'Connor 21 -14-0023 All property jointly-owned with right of survivorship must be disclosed on Schedule F. ITEM VALUE AT DATE NUMBER - DESCRIPTION OF DEATH 1. 3, 500 shares c/s of AT&T Inc. @ $35. 120000 $122, 920 . 00 per share. 2 . 800 shares c/s of Chevron Corp. @ $124.295000 99, 436. 00 per share. 3 . 2, 720 shares c/s of Exxon Mobil Corp. 272, 197. 20 @ $100. 072500 per share. 4 . 425 shares of c/s of Frontier Communication 1 , 986.88 ( Corp. @ $4. 675000 per share. 5. 1 , 774 shares of c/s of Verizon Communication 87,081 . 23 @ $49.087500 per share. 6. 1 , 025 shares of John Hancock Inv. Tr. Mass 19, 208 . 50 @ $18.740000 per share. 7 . 590 shares of Vanguard Utilities ETF 48, 711 .88 @ $82. 562500 per share. I 8 . 880.90 shares of American Cap Inc. Builders CLC 51 , 118. 63: @ $58. 030000 per share. 9 . 4, 324 . 03 shares of American Income Fund CLC 87, 604 . 85 - 1 @ $20. 260000 per rsha.re 10 . 3,804. 14 shares of Legg Mason Partners Equity 67, 903. 90- Tr CBA Equity @ $17. 850000 per share. 11 . 18, 616. 08 shares of Templeton Global Invt. Tr 59, 757. 62 - @ $3.210000 per share. a 12. $20, 000.00 Corporate Bond of Bank of America 20, 747.94 @ $103 .73970 . Accrued Interest 37. 31 20, 785.25 13. 20, 000.shares of Delaware County PA Authority 20, 593 .00 Univ Rev Bonds @ $102. 965000. Accrued Interest 68. 89 20, 661 .89 14. 20, 000 shares of Stroudsburg PA Area School District Municipal Bonds @ $103. 04300 per share 20, 608.,60 Accrued Interest 51 . 67 20, 660. 27 15. 20, 000 shares of York County PA General Obligat ion 19, 323 . 60: i Bonds @ $96 . 61',8000 per share Accrued Interest 268 .89 19, 592 . 49 I i I i I I I �l I TOTAL(Also enter on line 2, Recapitulation) $ 999, 626?59 (If more space is needed,insert additional sheets of the same size) REV,.150-1 EX+(1-97) %, SCHEDULE D 4 COMMONWEALTH OF PENNSYLVANIA MORTGAGES & NOTES INHERITANCE TAX RETURN RECEIVABLE RESIDENT DECEDENT ESTATE OF FILE NUMBER Diane F. O'Connor 21-14-0023 All property jointly-owned with right of survivorship must be disclosed on Schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH NONE —0— TOTAL(Also enter on line 4, Recapitulation) $ —0— (if more space is needed,insert additional sheets of the same size) REV;i5oEl EX+(ii-io) ['i pennsylvania SCHEDULE E �W DEPARTMENT OF REVENUE CASH, BANK DEPOSITS & MISC. INHERITANCE TAX RETURN PERSONAL PROPERTY RESIDENT DECEDENT ESTATE OF: FILE NUMBER: Diane F. O'Connor 21 -14-0023 . 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 . Cash in Money Market account @ Morgan Stanley $9, 191 . 09 2. Certificate of Deposit @ Barclays Bank, Wilmington, 30,812. 19 Delaware. 3. Certificate of Deposit @ Barclays Bank, Wilmington, 20, 537.91 Delaware. 4. Certificate of Deposit @ Barclays Bank, Wilmington, 10, 267.05 Delaware. 5. Certificate of Deposit @ Flushing Savings Bank, 30, 763 . 10 New York. 6. Miscellaneous items of household personal property 10, 579.00 See attached appraisal "B" 7 . Miscellaneous items of jewelry. 26, 060.00 See attached appraisals "C and D" B. Miscellaneous additional items of personal property 23, 306.00 including artwork; paintings and prints of deceased' s husband who was an artist. See attached appraisal "E" 9. Checking account, #5140429514, at PNC Bank 2, 706.35 10. Savings account, #5130373529, at PNC Bank 10, 695.34 TOTAL(Also enter on Line 5, Recapitulation) $ 174 ,918. 03 If more space is needed, use additional sheets of paper of the same size. REVa5og EX+(oi->.o) ..� pennsylvania SCHEDULE F INHERITANCE TAR RETURN JOINTLY-OWNED PROPERTY INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF: FILE NUMBER: Diane F. O'Connor 21 -14-0023 If an asset became jointly owned within one year of the decedent's date of death,it must be reported on Schedule G. SURVIVING JOINT TENANT(S) NAME(S) ADDRESS RELATIONSHIP TO DECEDENT A. NONE B. C. JOINTLY OWNED PROPERTY: LETTER DATE - DESCRIPTION OF PROPERTY %OF DATE OF DEATH ITEM FOR JOINT MADE INCLUDE NAME OF FINANCIAL INSTURRION AND BANK ACCOUNT NUMBER OR SIMILAR DATE OF DEATH DECEDENT'S VALUE OF NUMBER TENANT JOINT IDENTIFYING NUMBER,ATTACH DEED FOR JOINTLY HELD REAL ESTATE. VALUE OF ASSET INTEREST DECEDENT'S INTEREST 1. A. TOTAL(Also enter on Line 6, Recapitulation) $ —0 If more space is needed, use additional sheets of paper of the same size. REV'1510 EX+(08-09) pennsylvania SCHEDULE G ' DEPARTMENT OF REVENUE INTER-VIVOS TRANSFERS AND INHERITANCE TAX RETURN MISC. NON-PROBATE PROPERTY RESIDENT DECEDENT ESTATE OF FILE NUMBER Diane F. O'Connor 21 -14-0023 This schedule must be completed and riled if the answer to any of questions 1 through 4 on page three of the REV-1500 is yes. DESCRIPTION OF PROPERTY DATE OF DEATH %OF DECD'S EXCLUSION TAXABLE ITEM INCDIDE THE NAM'.OF THE TRANSFEREE,THEIR RELATIONSHIP TO DECEDENT 00 NUMBER THE DATE or TRARSFBL ATTACK A COP/OF THE DEED FOR REAL ESTATE. VALUEOFASSET INTEREST I (IFAMMUE1 VALUE 1 NONE TOTAL(Also enter on Line 7, Recapitulation) $ —0— If more space is needed,use additional sheets of paper of the same size. REV-1511 EX+ (10-09) - pennsylvania SCHEDULE H DEPARTMENT OF REVENUE FUNERAL EXPENSES AND INHERITANCE TAX RETURN ADMINISTRATIVE COSTS RESIDENT DECEDENT ESTATE OF FILE NUMBER Diane F. O'Connor 21 -14-0023 Decedent's debts must be reported on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1 Hoffman Roth Funeral Home & Crematory, Inc. $3, 113 . 21 219 North Hanover Street Carlisle, PA 17013 B. ADMINISTRATIVE COSTS: 1. Personal Representative Commissions: Name(s)of Personal Representative(s) Street Address City State ZIP Year(s)Commission Paid: 2. Attorney Fees: Anthony L. DeLuca, Esquire 52, 000 . 00 3. Family Exemption: (If decedent's address is not the same as claimant's,attach explanation.). Claimant Street Address City State ZIP Relationship of Claimant to Decedent 4. Probate Fees: 863. 50 5. Accountant Fees: 500 . 00 6. Tax Return Preparer Fees: 200 . 00 7. Legal Advertising - Cumberland Law Journal 75 . 00 8. Legal Advertising - The Sentinel 148 . 06 91 Appraisal of residence - Diversified Appraisal Services 375. 00 10. Appraisal of household personal property - . Roy D. 130 . 00 Gottshall, Auctioneer 11 . Appraisal of additional items of Personal Property- 900 . 00 IBIS Appraisal Services, LLC. TOTAL (Also enter on Line 9, Recapitulation) $58, 304. 77 If more space is needed,use additional sheets of paper of the same size. R"EV-1512 EX+ (12-08) pennsylvania SCHEDULE I may' DEPARTMENT OF REVENUE DEBTS OF DECEDENT, INHERITANCE TAX RETURN MORTGAGE LIABILITIES & LIENS RESIDENT DECEDENT ESTATE OF FILE NUMBER Diane F. O'Connor 21 -14-0023 Report debts incurred by the decedent prior to death that remained unpaid at the date of death,including unreimbursed medical expenses. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. Aqua PA - water 33.23 2 . Boiling Springs Animal HOspital - Veterinary 34. 20 3 . Century Link - Telephone 72.96 4 . Comcast - Cable 134 .80 5. Concentra - Medical Bill 83. 18 6. Forest Park Health Center - Room and Board 1 , 716 .00 7. Met-Ed - Electric 396 .00 8 . Sprint - Cell phone 53 . 34 9. Anthony L. DeLuca, Esquire - Power of Attorney 3, 750 . 00 duties 9/6/13-9/10/13; 11 /15/13-1 /1 /14 See attached Bill "F" TOTAL (Also enter on Line 10, Recapitulation) $ 6, 273 .71 If more space is needed,insert additional sheets of the same size. REV-1513 EX+ (01-10) pennsytvania SCHEDULE ] DEPARTMENT OF REVENUE INHERITANCE TAX RETURN BENEFICIARIES RESIDENT DECEDENT ESTATE OF: FILE NUMBER: Diane F. O' Connor 21 -14-0023 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. Jeannette T. Finch Daughter one—half 224 Glade Boulevard Walkersville, Maryland 21793 2 . Michael J. O'Connor Son one—half 789 NE 130 Terrace Lane Silver Spring, Florida 34488 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. $ —0— If more space is needed, use additional sheets of paper of the same size. LAST WILL AND TESTAMENT M M o rn C. Cu r) ( a OF ma c cn a rnrrn cnrn �• U, v co :ra DIANE F. O'CONNOR r c v -n n -i 1' C.1) - m r in a I, DIANE F. O'CONNOR, a resident of Boiling Springs, Cumberland Cou-My, ^' Pennsylvania being of sound mind, memory and understanding, do hereby make, publish and declare this to be my Last Will and Testament, hereby revoking all Wills and Codicils heretofore made by me. ITEM 1: I direct that all myjust debts, the expenses of my last illness and funeral expenses be paid as soon after my decease as the same can conveniently be done. ITEM 2 I direct that there shall be paid out of my residuary estate all estate, inheritance and like taxes together with any interest or penalty thereon imposed by the government of the United States, or any state or territory thereof, or by any foreign govermment or political subdivision thereof, in respect to all property required to be included in my gross estate for estate, inheritance or like tax purposes by any of such governments, whether the property passes under this Will or otherwise, excluding, however, any property over which I have a taxable power of appointment, provided, however, that no residuary beneficiary shall by reason of this provision be denied the benefit of any deduction, credit; favorable rate of tax or other benefit which by law enures to such beneficiary. ITEM 3: 1 direct that all items of personal property except for those items listed in ITEM 4 below be sold and the proceeds be added to my residuary estate. DIANE F. O'CONNOR 1 kM s r Y --ti^ wa, si` ., �'¢' '.3 .?x * i t a p•++w' x '�a x' a. s _ fi x r a�' µdxe.. + '7„ 6 ,y .a? ri. ✓ .g_c. �^. r = S F%c�t.. *!k� * •.fi°k Y:.'.�;" Y :'4 e'x'1"F.�i•il :,� �'z .af? f:' a " ' .Y s .. .x.--:^ d k s v`= .P + �.:�.-, LAST WILL AND TESTAMENT OF DIANE F. O'CONNOR ITEM 4: I direct that the vase on my hutch which is from China and possibly a Ming vase, the bronze dog and painting of Jemima Ryder be appraised by a certified appraiser and thereafter sold with the proceeds to be added to my residuary estate. ITEM 5: I give, devise and bequeath all of the rest, residue and remainder of my estate, real, personal and mixed, of whatsoever kind and nature, and wheresoever situate at the time of my death, in equal shares, unto my children, JEANNETTE FINCH, and MICHAEL J. O'CONNOR, provided, however, that they survive me and are living sixty (60) days after the date of my death. ITEM 6:- If and in the event that a child of mine does not survive me and is not living sixty (60) days after the date of my death, then and in such event, I give, devise and bequeath the interest in my estate, which such deceased child would have received, if living, to the issue of said deceased child, per stirpes. ITEM T I hereby nominate, constitute and appoint ANTHONY L. DELL'CA, ESQUIRE, Executor of this my Last Will and Testament, with full power to do any and all things necessary for the complete administration of my estate, and direct that no bond or other surety is required of him in this or any other jurisdiction for.his performance of this office. DIANE F. O'CONNOR 2 li.'i= LAST WILL AND TESTAMENT OF DIANE F. O'CONNOR Signed, sealed, published and declared by the above named DIANE F. O'CONNOR, as and for her Last Will and Testament, in the presence of us, who have hereunto subscribed our names at her request, as witnesses hereto, in the presence of the said Testatrix, and of each other. 1 /l residing at � � f� ' L�E r"- -0--;zercw--residin at .J r �4 µ 4 , SUMMARY APPRAISAL REPORT 659 SPRING LANE BOILING SPRINGS, PENNA. PREPARED FOR THE ESTATE OF DIANE F. O'CONNOR BY LARRY E. FOOTE DIVERSIFIED APPRAISAL SERVICES .35 EAST HIGH STREET, SUITE 101 CARLISLE, PENNSYLVANIA 17013-3052 (717) 249-2758 Diversified Appraisal Services Real Estate Appraisers and Consultants 35 East High Street Carlisle,PA 17013.3052 (717)249-2758 FAX(717)258-4701 e 6 l January 13, 2014 TO: The estate of Diane F. O'Connor FM: Larry E. Foote t. RE: Summary Appraisal Report Residential Property G 659 Spring Lane Boiling Springs, Pennsylvania r At your request, I have appraised the captioned property. The appraisal report, which V- r follows this letter, is submitted in support of my opinion of Market Value of the Fee Simple Interest in the property, as of January 2,2014. r I hereby certify that, to the best of my knowledge and belief, the data, facts, and j opinions set forth therein, are accurate, subject to the Statement of Assumptions and Limiting Y Conditions that is also made a part of the report, and that the indicated Market Value of the subject property, as of January 2, 2014 is: a TWO HUNDRED SIXTY-THREE THOUSAND DOLLARS �- $263,000 I This appraisal has been made in conformity with the standards of professional practice ` of the National Association of Realtors Appraisal Section. I appreciate your having considered me for this assignment and trust that you find the report entirely satisfactory. Respectfully submitted, Larry E. Foote Pa. Certified General Appraiser GA-000014-L 2 �r��'L�F G'/•R� LC/� ". ��J�i��✓C/i"CC-./G•" +JCC��C..tL- 'l h'��L r r C� ew �' LECi2G�7i'- aC`J�rLr�L¢� ilG� i i 7 ele lLJ Z-Ll_1 T.. r Y % 4z' F Ile z� Or t �2e� r = � r > / _ a // b t 6� L SO ;�j2z m O' 9 his zCcLL,,d, Vol x —1 j4, 5*, 0+ --953•.'G+ 42_• �+ --5,7 0+ 10,579• '- 0• . l ' e Richard G Finch Certified Gemologist and Diamontologist P O Box 598 Walkersville, MD 216793 Envelope Date of Death 01-02-2014 Al Description Fair Market Value 1 Trout y/g 14kt tie tac (no stamp) $150.00 2 Tiffany y/g 14kt knott money clip $200.00 3 Oval onyx and diamond,14kt, y/g, ladies ring $200.00 4 16 inch, 14kt, y/chain pendant & pearl pendant 5 Pulsar stainless steel date watch, needs battery $50:00 6 10kt, y/g, mens,green glass stone ring $75.00 7 10kt, y/g, men's high school ring 1944- Dad's $50.00 8 10kt, men's school ring 1947 - Dad's $50.00 9 Pocket watch, engraved (JRC), B & B gold filled Hanna & eroel, New Castle, PA., case#3319721 movement Hamilton, 17 jewel, Lancaster. Plus a gold filled, 20" watch chain $350.00 10 P7402 Pendant,y/g, diamond old miner cut 5.7mm diamond, 3.7mm depth., H, VS2, .70 ct weight $1,200.00 11 18" Herring bone chain, 14kt Italy, 5mm $350.00 12 18' strand China fresh water pearls,14kt clasp, y/g hoop $200.00 13 4 mm, 14kt omega collar with 7 round brilliant diamonds, 1/2 ctw. Don Conkey 17" $895.00 14 "Bo One" Zuni s/silver cord Bolo Pend with 2 fancy ends. Fine inlay $350.00 15 Assorted 14kt y/g earrings $400.00 3 wedding rings, plus 1 small pendant $150.00 16 Hand made 17" heavy marked sterling, 3oz, necklace $75.00 17 Lds. y/g heavy 14kt Tiffany scarab ring, rotates $250.00 18 Cameo Ids. y/g 14kt ring with seed pearls $125.00 19 N.G.F.Tiffany engraved stationary seal, steel nCn 20 Onyx 10kt, y/g engraved (DH) Dana Hall ring - Mom's $100.00 21 Pend. Box assorted fashion pendants, no chains, all $200.00 22 Zuni necklace & earring set, fine inlay with mother of pearl,coral,tourquoise, sterling silver18", designer Larry & Fay T.R.Z. $500.00 23 Cultured inlay opal bear pendant, sterling silver $150.00 24 W/G Rd. diamond ring, VS2, 1.55ct open culet y $9,500.00 25 By-pass, 2 round ruby ring, 14kt $375.00 26 Lds. 6 prong, Tiffany style, H, SI, .64ct (5.8X3.3)old miner $1,350.00 27 14kt, 3 stone ring, old miner cut, dia.,sapphire,dia. old miner cut, 4.9 X 3.4,.50ct dia., .80 sapphire, 4.8 X 2.9, .45ct., diamond $2,000.00 28 T/Tone 14kt dia. Hoop earrings,channel set. Rd cut, I color, I clarity 1/2ctw $300.00 29 T/Tone 14kt dia. Hoop earring with round and baguette diamonds channel set. H color, SI clarity, 5/8 ctw $450.00 30 Pearl jackets, 6 pearls each, 14kt, y/g, $100.00 rounds, clarity diamond studs, H color, SI clarity $200.00 31 Oval opal y/g 14kt earrings, single cut dia. 20ctw $150.00 32 Indian turquoise varied necklaces $350.00 33 Silver nugget and costume $100.00 34 Gold filled rings and chains $0.00 35 Pins - costume $50.00 Total $20,995.00 Richard G Finch Certified Gemologist and Diamontologist P O Box 598 Walkersville_MD 21793 Envelope Date of Death 01-02-2014 q Description Fair Market Value 1 Hampden Pocket Watch, 14kt yellow gold,needs crystal, $450.00 safety pinion movement,(#515615),dia meter of case(3/4 size) 2 ESKA Lds black cord watch,10 iridium,90%platinum case $650.00 17 jewel Swiss movement runnning,24 diamonds.single cut .24ctw,VSI,H color 3 Black Star&Frost mens thin dress pocket watch,engraved 3 $650.00 letters,14kt yellow gold,service watch,Walter A Forman 1921 1921,25 yrs of service,The Barrett Co.,Swiss movement, - Agassiz W.Co.,21 jewels with chainl6",#236276,watch runs 4. Fashion necklace, paste,not diamonds $30.00 5 Bar pin,saphire&diamond 18kt,saphire approx. 2.5 cts., $1,000.00 diamonds in bar pin, rose cut,.80ctw.,2 end diamonds are old miner rounds,VSl,G color(3.8x2mm)approx..15ctw each 3.6 ctw total 6 3 round green "glass"ring,engraved fashion $50.00 7 Pair of 14kt sapphire&engraved hair pins,two tone $100.00 8 Small 6 seed pearl ring, 14kt yellow.Rold $30.00 9 Locket,gold filled round $20.00 10 Tiffanv&Co fancv Ids pendant watch(France).Enamel sunburst $2,000.00 &sage green front&back,made for Tiffany,Verger France, 18 jewels(#57178 on inside of case)18kt not marked,rose cut diamonds,41 backside,22 dias.Front,cabochon saphire crown 24"fancy link chain 11 Bracelet,fancy link 10kt gold link,bar swivel $75.00 12 Long broken gold filled chain $10.00 Total $5.065.00 nDn SUMMARY APPRAISAL REPORT PERSONAL PROPERTY ESTATE Personal Property of the Estate of- Diane F. O'Connor, deceased 659 Spring Ln. Boiling Springs, PA 17007 Personalty Currently Located at: 659 Spring Ln. Boiling Springs, PA 17007 Cumberland Valley Visitors Bureau. 53 W South St. Carlisle, PA 17013 The Village Artisans Gallery. 321 Walnut St. Boiling Springs, PA 17007 Client: Anthony DeLuca, Esq., Executor 113 Front St. Boiling Springs, PA 17007 Intended Users: Anthony DeLuca, Esq., Executor Heirs of the Diane F. O'Connor Estate Effective Date of Appraisal: d.o.d. January 02, 2014 Date of Report: March 06, 2014 By. I6 Appraisal Services 1¢5 A Hanover SL P.O.Bax2¢ Carl'sle PA dory (717)243-3474 info@ibisappraisals.com wtigc:ibisappraisals.corn "Ell Ibis Appraisal Services Page I of 41 Diane F.O'Connor Estate March 06,2014 APPRAISAL SCOPE OF WORK I hereby certify that, upon the client's request for the appraisal of the estate personal property of Diane F. O'Connor, deceased, 659 Spring Ln. Boiling Springs, PA 17007. 1 have appraised the estate personal property to determine the Fair Market Value for the purpose of estate administration, estate taxes, and equitable distribution between heirs. The effective date is, as of the d.o.d. January 02, 2014 and reported on March 06, 2014. The client in this estate appraisal is Anthony DeLuca, Esq., Executor, 113 Front St. Boiling Springs, PA 17007. The intended users of this appraisal are Anthony DeLuca, Esq., Executor, the family of Diane F. O'Connor, and any other person(s) authorized by the administrators of this estate. 1 I have personally and physically inspected the listed personal property. The dates of inspection were February 12, February 17, February 24, and February 26, 2014. The personalty was located at: 659 Spring Ln, Boiling Springs, PA 17007, Cumberland Valley Visitors Bureau. 53 W South St. Carlisle, PA 17013, and Village Artisans Gallery. 321 Walnut St. Boiling Springs, PA 17007. The personal property was found to be in good condition,unless otherwise noted. The information and values contained in this report are based upon my experience as an appraiser and other reliable sources (listed in the Reference Section) using a Sales Comparison Approach to determine Fair Market Value. [Fair Market Value is used in divorces and estates in the state of Pennsylvania.) A market data analysis with comparable sales transactions was used to reconcile the quality and quantity of data. Values are reported piece-by-piece, and/or as a whole. All values reported have been determined with consideration to the condition of the item, market conditions, and salability factors. All analyses, notes and paperwork are found in the workfile, Ibis Appraisal r ervices ACyssa L. Lo ey, ISA Aft 14914 . edited%cm6er fir ctor&T, CEO - Ibis Appraisal Services Page 3 of 41 Diane F.O'Connor Estate March 06,2014 r APPRAISAL SUMMARY It is in my opinion, that as of the d.o.d. January 02, 2014 and reported on March 06, 2014, the Fair Market Value of the Estate Personal Property of Diane F. O'Connor, deceased, 659 Spring j Ln. Boiling Springs, PA 17007: (Twenty Three Thousand Three Hundred Six Dollars and Zero Cents) ! ($23,306.00) 1 Miscellaneous Objects $1,359.00 Miscellaneous Artwork on-Robert J. O'Connor Works $4,311.00 Robert J. O'Connor Paintin s $13,970.00 Robert J. O'Conner Prints $3,666.00 I f pr ACys .4 T A A 9bfem6er i Director a�CEO !i The report must be read in its entirety TheAnpraisal Summary ONLY is not the I appraisal report. 1 Ibis Appraisal Services i Diane F.O'Connor Estate Page 5 of 41 ' March 06,2014 ANTHONY L. DELUCA Attorney and Counsellor at Law 113 Front Street P.O. Box 358 Email: Boiling Springs, Pennsylvania 17007 Telephone:717-258-6844 mtthonvtdelucaes membarg mail.com Fax:717-258-3902 TO: Estate of Diane F. O'Connor From: Anthony L. DeLuca,Esquire Date: March 21, 2014 Re: Billing to Estate of Diane F. O'Connor For Services rendered as Power of Attorney DATES DESCRIPTION TIME 9/6-9/10/13; Pickup mail and pay bills 2.5 Hours 11/15-12/31/13 11/14/13 Emergency call from Dorothy Gutshall Re: Diane's condition; Go to house and call for ambulance; Travel to Holy Spirit Hospital; calls to Children from hospital. 5.0 Hours 11/15/13 Go to Holy Spirit Hospital in A.M., see Diane and Dorothy who stayed all night; travel to house and issue pay checks to Dorothy Gutshall and Ruth Jones. 2.5 Hours 11/16/13 Visit Diane at Holy Spirit Hospital 1.0 Hour Talk to nurse. 11/17/13 Visit Diane at Holy Spirit Hospital Talk to nurse. 1.0 Hour 11/23/13 Visit Diane at Forest Park Rehabilitation .75 Hour Center. 11/27/13 Visit Diane at Forest Park Rehabilitation .75 Hour Center. F,' Page 2 March 21, 2014 11/30/13 Received call while in New York that Diane was taken by ambulance to Carlisle Regional Medical Center. Upon return that day,visited her at Hospital. 1.0 Hour 12/1/13 Two (2) visits to hospital; telephone calls to Jeannette. 2.0 Hours 12/2/13 Two (2) visits to hospital. 1.5 Hours 12/3-12/12/13 Daily visits to hospital; talk to Doctors/Nurses; telephone calls to Children; arrange to have caretakers Stay with Diane 24/7. 12.0 Hours 12/13/13 Meeting at hospital with Jeannette, Rick and Dr.Albright re: end of life And hospice issues; telephone call to Michael. 2.0 Hours 12/14-12/22/13 Visits to hospital;telephone calls to and from Jeannette; arrange for hospice at home. 8.0 Hours 12/23/13-1/1/14 Visits to house; telephone calls to Jeannette and Michael. 7.0 Hours 1/2/14 Received telephone call in early A.M. from Dorothy Gutshall Re; passing of Diane; go to house And wait for representatives of funeral home and hospice. 3.0 Hours 50.00 Hours 50.00 hours @ $75.00 per hour................$3,750.00