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Home My WebLink About02-0111 , TO Register of Wills Office FROM Cumberland County Courthouse JOHNSON, DUFFIE, STEWART & WEIDNER 1 Courthouse Square Attorneys at Law Carlisle, PA 17013-3387 P.O. Box 109 Lemoyne, PA 17043 (717) 761-4540 SUBJECT: DATE: January 30,2002 Frances D. Teague, Deceased 000: November 5, 2001 ~\-Oc;,- 1\\ Non-Probate Frances D. Teague died on November 5, 2001. No Letters were issued. A completed Estate Information Sheet is enclosed together with a check in the amount of $45,000.00 as a payment on account of Inheritance Tax being made within the 90 days to allow for the 5% discount. SIGNED: Edmund G. Myers csh 11.-3'6~\\ LAW OFFICES JHNSON, DUFFIE, STEWART ~ WEIDNER 301 MARKET STREET P. O. BOX 109 LEMOYNE, PENNSYLVANIA 17043-0109 '.J .:,} 1- (J) Ql '0 't:i ~.- OO! &V C'.. ['-- '>.' E':C ~ M :z: = -, .....,~.. SO' ~:~) ~ >i1.':~ ..."'),.... -'~ 0(\- 0,:)- II ( REGISTER OF WILLS OFFICE CUMBERLAND COUNTY COURTHOUSE 1 COURTHOUSE SQUARE CARLISLE, PA 17013-3387 i 70i~.t.::n"l2 01 \u,III...Ill.u.uH..H...II..,lI,I.I.,.,I.II.\.,I.I....H.\ COMMONWEALTH OF PENNSYLVANIA OEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES DEPT. 280601 HARRISBURG, PA 17,28-0601 REV-1162 EX(11-96) RECEIVED FROM: PENNSYLVANIA INHERITANCE AND ESTATE TAX OFFICIAL RECEIPT MYERS EDMUND G 301 MARKET STREET POBOX 109 lEMOYNE, PA 17043 __~n___ told ESTATE INFORMATION: SSN: 206-44-5675 FILE NUMBER: 2102-0111 DECEDENT NAME: TEAGUE FRANCES 0 DATE OF PAYMENT: 01/31/2002 POSTMARK DATE: 01/30/2002 COUNTY: CUMBERLAND DATE OF DEATH: 11/05/2001 NO. CD 000816 ACN ASSESSMENT CONTROL NUMBER AMOUNT 101 I $45,000.00 I I I I I I I I TOTAL AMOUNT PAID: $45,000.00 REMARKS: CHARLES M TEAGUE C/O EDMUND G MYERS ESQUIRE CHECK# 222 SEAL INITIALS: DO RECEIVED BY: REGISTER OF WILLS MARY C. lEWIS REGISTER OF WillS TO Register of Wills Office FROM Cumberland County Courthouse JOHNSON, DUFFIE, STEWART & WEIDNER 1 Courthouse Square Attorneys at Law Carlisle, PA 17013-3387 P,O. Box 109 Lemoyne, PA 17043 (717) 761-4540 SUBJECT: Estate of Frances Teague DATE: May 23, 2002 000: 11/5/01 No. 21-02-0111 Enclosed for filing in the above-captioned Estate are the following: ...-.- 1. Original and copy of Inheritance Tax Return. ~-'" d 2. Copy of Form 706 - United States Estate Tax Return. I-'-! 3. Check in the amount of $15.00, filing charges. 4. Check in the amount of $10,050.37, Inheritance Tax. ~, 1'0 .4 "c SIGNED: Edmund G. Myers csh .' . ~ COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES DEPT. 280601 HARRISBURG, PA t 7128-0601 REV-1162 EX(11-96) RECEIVED FROM: PENNSYLVANIA INHERITANCE AND ESTATE TAX OFFICIAL RECEIPT MYERS EDMUND G 301 MARKET STREET POBOX 109 lEMOYNE, PA 17043 nn____ fold ESTATE INFORMATION: SSN: 206-44-5675 FILE NUMBER: 2102-0111 DECEDENT NAME: TEAGUE FRANCES D DATE OF PAYMENT: OS/24/2002 POSTMARK DATE: OS/23/2002 COUNTY: CUMBERLAND DATE OF DEATH: 11/05/2001 NO. CD 001213 ACN ASSESSMENT CONTROL NUMBER AMOUNT 101 I $10,050.37 I I I I I I I I TOTAL AMOUNT PAID: REMARKS: CHARLES M TEAGUE C/O EDMUND G MYERS ESQUIRE CHECK# 228 SEAL INITIALS: CW RECEIVED BY: REGISTER OF WILLS $10,050.37 MARY C. lEWIS REGISTER OF WillS REV.- 1500 EX + (6~OO) . CAPB HpRL EplO CRAC KOTK ES REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT o E C E D E N T COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE DEPT. 280601 HARRISBURG, fA 17128~0601 DECEDENT'S NAME(LAST. FIRST. AND MIDDLE INITIAL) Tea ue Frances DATE OF DEATH (MM-OD-YEAR) C:- OFFICIAL USE ONLY 17 ~ 3<6'- J/ FILE NUMBER 21-02-0111 NUMBER COUNTY CODE YEAR SOCIAL SECURl1Y NUMBER 206-44-5675 THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS so JAL S C Rl1Y U B R x 3. date of death . Remamder Return prior to 12-13-82) S. Federal Estate Tax Return Required 8. Total Number of Safe Deposit Boxes DATE OF BIRTH (MM-DD-YEAR) 11/05/2001 04/21 1912 IFAPP JCABLE SURVIVJNGSPOUS 'S AME LAST, FIRST.AND MIDDL lNlTlAl X 1. Original Return 4. limited Estate X 6. Decedent Died Testate (Attach copy of Will) o 9. Litigation Proceeds Received 2. supplemental Return 4a. Future Interest Compromise (date of death after 12-12-82) 7. Decedent MaintaIned a livIng Trust (A.ttach copy of Tfust) 010. Spousal Poverty Credit (date of death between 12-31-91 and 1-1-95) o 11. Ejection to tax under Sec. 9113(A) (Attach Sch 0) C P o 0 R N R D E E S N T COMPLETE MAILING ADDRESS NAME Edmund G. M ers FIRM NAME(lfApplicable) Johnson, Duffie, Stewart & Weidner TEL.EPHONE NUMBER F. Q. Box 109 301 Market Street Lemoyne, FA 17043-0109 71 1-4540 1. Real Estate (Schedule A) 2. Stocks and Bonds (Schedule B) 3. Closely Held Corporation, Partnership or Sole-Proprietorship 4. Mortgages & Notes Receivable (Schedule D) 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) 6. Jointly Owned Property (Schedule F) o Separate Billing Requested 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (7) (Schedule G or L) 8. Total Gross Assets (total Lines 1-7) 9. Funeral Expenses & Administrative Costs (Schedule H) (9) 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) (10) 11. Total Deductions (total Lines 9 & 10) 12. Net Value of Estate (Line 8 minus Line 11) 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made (Schedule J) 14. Net Value Subject to Tax (Line 12 minus Line 13) (1) (2) (3) R E C A P I T U L A T I o N (4) (5) (6) C o M P T U A T X A T I o N SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116(a)(1.2) 16. Amount of Line 14 taxable at lineal rate 1,275,973.17 17. Amount of Line 14 taxable at sibling rate 18. Amount of Line 14 taxable at collateral rate 19. Tax Due 20. Non!' None None CDFFICIAL USE.gNl Y ',' None 16,399.01 hi ..::,' 3,234.46 1,267,488.93 (8) 1,287,122.40 4,305.00 6,844.23 (11) (12) (13) 11.149.23 1,275,973.17 (14) 1,275,973.17 x X X X o 0 ,0 45 ,12 ,15 (15) (16) (17) (18) (19) 0.00 57,418.79 0.00 0.00 57,418.79 Copyright (c) 2000 form software only The Lackner Group, Inc. Form REV-1S00 EX (Rev. 6-00) Decedent's Complete Address: STREET ADDRESS Cumberland Crossings 1 Langsdorf Way CITY I STATE I ZIP Carlisle FA 17013 Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount (1) 57,418.79 0.00 45,000.00 2,368.42 Total Credits ( A + B + C) (2) 47,368.42 3. Interest/Penalty if applicable D. Interest E. Penalty TotallnterestJPenalty ( D + E) (3) 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Check box on Page 1 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. (S) A. Enter the interest on the tax dUe. (SA) B. Enter the lolal of Line S + SA. This is the BALANCE DUE. (SB) Make Check Payable 10: REGISTER OF WILLS, AGENT """";}:~:\\:H\i\';;"""" -""';';;",'A\;>""" jjUnjUHY""o,' ,j;iUniHi<>"':'"'--''' ""P'LEASEANSWER"TH'E'FO'lJ::OWING"QUESTIO'NSBy'PLACINGAN\;X':iINTHEAPP'ROPFW;~TEBLOCKS 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; . c. retain a reversionary interest; or . d. receive the promise for life of either payments, benefits or care? 2. \f death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration? . 0 [K] 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? 0 00 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? [K] 0 IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. 0.00 0.00 10,050.37 0.00 10,050.37 Under penOllties of perjury, f declare that r have examined this return, including accompanying schedules and statements, and to the best of my knowredgeand 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 PERSON RESPONSIBLE FOR FILING RETURN Charles Maynard Teague _ __2.?4?__C9y_""t!.Y ,~?_u,,!_ _ ___ _ ___ _ ___ ___ ___ _ ___ ____ Mechanicsbur , FA 17055 Johnson Duffie Stewart & Weidner DATE ~ 23. UJ02 DATE For dates of death on or aher July 1, 1994 and before January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3% [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<1/0 [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 datl~S of death on or after July 1, 2000: The tax rate imposed on the net value of transfers from a deceased child twenty-one years 01 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% [72 P.S. 9116 (a) (1.2)]. The tax rate imposed on the net value oftransfers to or for the use of the decedent's lineal beneficiaries is 4.5%. 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 orfor the use of the decedent's siblings is 12% [72 P.S. 9116(a)(1.3)J. 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. Copyrigh1 (c) 2000 form software only The Lackner Group, Inc. Form REV-1500 EX (Rev. 6-00) " REV.. 1508 EX + (1-97) COMMONWEALTH OF PENNSYLVANIA INHERIT ANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Frances Teague SS# 206-44-5675 11/05/2001 21-02-0111 Include the proceeds of litigation and the date the proceeds were received by the estate. All property jointly-owned with the right of survivorship must be disclosed on Schedule F. SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY ITEM NUMBER 1 DESCRIPTION Carlisle Regional Medical Center - Refund - monthly charges VALUE AT DATE OF DEATH 2,477.17 2 Chevron - Final Pension payment 716.74 3 Internal Revenue Service - 2001 income tax refund 3,108.00 4 John Hancock-Final pension payment lBl.60 5 PA Department of Revenue - 2001 Income Tax Refund 2,346.00 6 Cash - redemption of Rayonier Stock prior to death 3,099.50 7 Cash 170.00 8 Personal Property 4,300.00 TOTAL (Also enter on line 5, Recapitulation) $ 16,399.01 (If more space is needed, insert additional sheets of the same size) Copyright (c) 1996 form software only CPSystems, Inc. Form REV-1508 EX (Rev. 1-97) REV-1509 EX + (1-97) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Frances Teague SCHEDULE F JOINTLY-OWNED PROPERTY SSif 206-44-5675 11/05/2001 FILE NUMBER 21-02-0111 If an asset was made joint within one year of the decedent's date of death, it must be reported on Schedule G. A. SURVIVING JOINT TENANT'S) NAME Charles Maynard Teague ADDRESS 2246 Coventry Court Mechanicsburg, PA 17055 RELATIONSHIP TO DECEDENT Son B, c, JOINTLY -OWNED PROPERTY, LETTER DATE DESCRIPTION OF PROPERTY % OF DATE OF DEATH M FOR JOINT MADE Include name of financiallnstitution and bank DATE OF DEATH DECO'S VALUE OF account number or similar IdentIfyIng number. BER TENANT JOINT Attach deed for joIntly-held real estate. VALUE OF ASSET INTEREST DECEDENT'S INTEREST 1 A Mellon Bank - Checking 6,468.92 50 . 00% 3,234.46 Account No. 100-018-2780 TOTAL (Also enter on line 6, Recapitulation) $ 3,234.46 ITE NUM (\1 more space is needed insert additional sheets of the same size) Copyright (c) 1996 form software only CPSystems, Inc. Form REV-1509 EX (Rev. 1-97) .' REV--1510 EX t (1-97) SCHEDULE G INTER-VIVOS TRANSFERS & MISC. NON-PROBATE PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Frances Teague 11/05/2001 SSff 206-44-5675 This. schedule must be completed and filed it the answer to any of questions 1 through 4 on page 2 is yes_ ITEM NUMBER 1 DESCRIPTION OF PROPERTY INCLUDE THE NAME OFTHETRANSFEREE THEIR RELATIONSHIP TO DECEDENT AND THE QATE OF TRANSFER. ATTACH ACOPYOFTHE DEED FOR REAL ESTATE. Merrill Lynch Trust Account No. 84C-21W02 % OF DECO'S INTEREST EXCLUSION (IF APPLICABLE) DATE OF DEATH VALUE OF ASSET 1.209.~34.42 2 Jefferson Pilot - 11382000825 Beneficiaries: Charles M. Teague, Son Jean Evelyn Boller, Daughter Barbara Lou Pearl, Daughter 58,254.51 TOTAL (Also enter on line 7, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) Copyright (c) 1996 form software only CPSystel'l'ls, Inc. FILE NUMBER 21-02-0111 TAXABLE VALUE 1,209,234.42 58,254.51 1,267,488.93 Form REV-1510 EX (Rev. 1-97) FRANCES D. TEAGUE REVOCABLE LIVING TRUST :~p THIS AGREEMENT entered into this ~ I ,4--'1 . t. ._____ :2 day of r, v(../)'1-l--vd/J/L . 1997, by and between FRANCES D. TEAGUE, of Oakmont, Al heny County, Pennsylvania, hereinafter referred to as "Settlor", and FRANCES D. TEAGUE and CHARLES MAYNARD TEAGUE, hereinafter referred to as "Trustees". ARTICLE I. TRUST ESTATE Transfer in Trust 1.01. Settlor hereby grants, assigns and sets over to herself and CHARLES MAYNARD TEAGUE as Trustees aH the property described in Schedule A annexed hereto and made a part hereof, the receipt of which is hereby acknowledged by the Trustees. Such property and all other property transferred to and received by the Trustees to be held pursuant to this trust shall constitute the "Trust Estate" and shall be held, administered, and distributed by the Trustees as hereinafter provided. Addition to Trust Estate 1.02. Settlor, either during her life or by will at her death, or any other person shall have the right at any time to add other property acceptable to the Trustees to the trust. Such property, when received and accepted by the Trustees, shall become part of the Trust Estate. ARTICLE n. DISTRIBUTIONS BY TRUSTEES The Trustees shall manage all property comprising the Trust Estate and shall collect the income therefrom and accretions thereto and shall pay the net income and hold and the principal of the Trust Estate as foHows: - Net Income to Settlor 2.01. The Trustees shall pay to or apply for the benefit of the Settlor for and during her lifetime all of the net income from the Trust Estate in quarterly or other convenient installments. Invasion of Principal for Settlor 2.02. The Trustees shall pay to or apply for the benefit of the Settlor, in addition to the net income from the Trust Estate, such amounts from the principal of the Trust Estate, up to the whole thereof, as Settlor may, from time to time, request in writing. In addition, if the Settlor is disabled by reason of age, illness or any other cause, the remaining Trustee shall apply for the Settlor's benefit as much of the net income and principal of this trust as the remaining Trustee may from time to time deem advisable for the Settlor's support to maintain the Settlor in the standard of living to which she is accustomed and to continue the Settlor's accustomed pattern of giving to individuals and organizations. Any excess income shall be added to principal and invested as such. For purposes of this paragraph, "disability" shall mean mental or physical incapacity as determined by the written certifications of two persons duly licensed to practice medicine in the state in which the Settlor shall be then present, that each has examined the Settlor and determined that the Settlor is physically or mentally incapable of acting on her own behalf. Such incapacity shall be deemed to cease upon delivery of similar certifications that the incapacity has ceased. 2 ARTICLE m. DISTRIBUTION AT DEATH OF SETTLOR Payment of Post-Death Obligations 3.01. Upon the death of the Settlor, if the Settlor's Executor certifies to the Trustee that said Settlor's probate estate is insufficient to pay the debts, preresiduary bequests, expenses of administration, and death taxes which the Executor is directed to pay, the Trustee shall pay to the Executor such amount as the Executor shall certify as being the deficiency, and the Trustee shall be under no duty to inquire into the validity of such certification. Notwithstanding the foregoing, no payment shall be made to the Executor with the proceeds of any asset which is not subject to federal estate tax. After deducting trust administration expenses payable after said Settlor's death, the remaining principal, together with any property received by the Trustee from said Settlor's estate or from any other source, shall be referred to as the Trust Estate and shall be held and distributed under the following provisions. Distribution at Death of Settlor 3.02. Upon the death of the Settlor, the surviving Trustee shall distribute the remaining Trust Estate as follows: Said residue shall be distributed outright and free of trust in equal shares to Settlor's children, JEAN EVELYN BOLLER, BARBARA LOU PEARL and CHARLES MAYNARD TEAGUE, who survive her, or if deceased, to such deceased child's issue, per stirpes. In the event any of Settlor's said children shall fail to survive her and have no issue surviving, said deceased child's share shall be distributed in equal shares to Settlor's surviving children, or the surviving issue of any deceased child, per stirpes. 3 , Minority Provisions 3.03. If any beneficiary under Section 3.02 be under the age oftwenty-one years of age, said beneficiary's share shall vest, but shall be retained by the surviving Trustee subject to the following provisions regarding distribution. During such time, the surviving Trustee shall retain the share in trust and shall expend for such beneficiary's benefit so much of the net income and principal of such share as the surviving Trustee deems advisable to provide for such beneficiary's health, maintenance and support. Distribution of Minority Share 3 .04. The Trustee shall distribute outright to such minor beneficiary his or her principal share of a beneficiary held in trust pursuant to Section 3.03 as follows: When such beneficiary shall attain the age of twenty-five (25) years, the Trust shall terminate as to him or her and the Trustees shall distribute such beneficiary's share of the principal to him or her in fee, or to the estate of such beneficiary if he or she dies before attaining the age of twenty-five years. ARTICLE IV. POWERS OF TRUSTEES Retain Investments of Settlor 4.01. The Trustees are authorized to retain in the trust for such time as they may deem advisable any property, received by them from the Settlor, whether or not such property is of the character permitted by law for the investment of trust funds, and to operate at the risk of the Trust Estate any business or property received by them from the Settlor. 4 . .. Control by Settlor 4.02. So long as the Settlor is a Trustee, and is not disabled, the decision of the Settlor as Trustee shall prevail and be binding upon any Co-Trustee as to all matters concerning the Trust Estate, without any liability on the part of any Co-Trustee for such decision by the Settlor. The Settlor may resign as Trustee at any time by filing her written resignation with the remaining Trustee or Trustees, and shall be relieved of and discharged from all future duties as Co-Trustee. In the event of the death, resignation, or incapacity of the Settlor, all rights and powers of the Trustees shall vest in and be exercised only by the remaining Co-Trustee or Trustees or any successor Trustee. Management of Trust Property 4.03. The Trustees shall, with respect to any and all property which may at any time be held by them in trust pursuant to this Agreement, whether such property constitutes principal or accumulated income of any trust provided for this Agreement, have power, exercisable after consultation with and approved by the Settlor, or if unavailable, at the remaining or successor Trustee's discretion at any time and from time to time on such terms and in such manner as the Trustees may deem advisable, to: (a) Sell, convey, exchange, convert, improve, repair, manage, operate, and control. (b) Lease for terms within or beyond the term of any trust provided for in this Agreement and for any purpose, including exploration for and removal of gas, oil, and other minerals; and enter into any covenants and agreements relating to the property so leased or any improvements which may then or thereafter be erected on such property . 5 . , (c) Encumber or hypothecate for any trust purpose by mortgage, pledge, or otherwise. (d) Carry insurance of such kinds and in such amounts at the expense of the trust as the Trustees may deem advisable. (e) Commence or defend at the expense of the trust such litigation with respect to any such trust or any property of the Trust Estate as may be deemed advisable. (f) Invest and reinvest the trust funds in such property as the Trustees may deem advisable, whether or not of the character permitted by law for the investment of trust funds. (g) Vote and give proxies to vote any securities held by them in trust pursuant to this Agreement, having voting rights. (h) Pay any assessments or other charges levied on any stock or other security held in trust pursuant to this Agreement. (i) Exercise any subscription, conversion, or other rights or options which may at any time attach, belong, or be given to the holders of any stocks, bonds, securities, or other instruments held in trust pursuant to this Agreement. (j) Participate in any plans or proceedings for the foreclosure, reorganization, consolidation, merger, or liquidation of any corporation or organization that has issued securities held in trust pursuant to this Agreement, and incident to such participation to deposit securities 6 .. with and transfer title of securities to any protective or other committee established to further or defeat any such plan or proceeding. (k) Enforce any mortgage or pledge held in trust pursuant to this Agreement and at any sale under any such mortgage, or pledge to bid and purchase at the expense of any trust provided for in this Agreement any property subject to such security instrument. (1) Compromise, submit to arbitration, release with or without consideration, and otherwise adjust any claim in favor of or against any trust provided for in this Agreement. (m) Subject to any limitations expressly set forth in this Agreement and the faithful performance of their fiduciary obligations do all such acts, take all such proceedings, and exercise all such rights and privileges as could be done, taken, or exercised by an absolute owner of the trust property . Power to Borrow Money 4.04. The Trustees shall have power to borrow money from any person, firm, or corporation, for trust administration or trust business purposes only, on such terms and conditions as the Trustees may deem proper and to obligate the trust to repay such borrowed money. Dealings With Settlor's Estate 4.05. The Trustees are authorized to purchase securities or other property from and to make loans and advancements from the Trust Estate with or without security to the Executor or other representative of the Settlor's estate. 7 .. Determination of Principal and Income 4.06. Except as otherwise specifically provided in this Agreement, the Trustees shall have full power and authority to detennine, in their discretion, what shall constitute principal of the Trust Estate, gross income from the Trust Estate, and net income of the Trust Estate distributable under the tenns of this Agreement. The detennination of the Trustees as to what constitutes principal, gross income, or net income of the Trust Estate shall, except as may be otherwise expressly provided in this Agreement, be conclusive and binding on all persons in any manner interested in any trust created or to be created pursuant to this Agreement. Taxes and Expenses of Trust 4.07. All property taxes, assessments, fees, charges, and other expenses incurred by the Trustees in the administration or protection of the trust created by this Agreement, including the compensation of the Trustees provided for in this Agreement, shall be a charge on the Trust Estate and shall be paid by the Trustees prior to fInal distribution of the Trust Estate in full out of the principal or in full out of the income of the Trust Estate, or partially out of the principal and partially out of the income of the Trust Estate, in such manner and proportions as the Trustees may deem to be advisable. The detennination of the Trustees to pay such expenses and charges from the principal or income of the Trust Estate or partially from each shall be conclusive and binding on all persons in any manner interested in any trust created by or pursuant to this Agreement. Death Taxes 4.08. The surviving or successor Trustee may, in his discretion, pay any or all estate, inheritance, succession, or other death taxes imposed because of the death of the Settlor from 8 , . the principal of the Trust Estate regardless of the property or interests in property, whether connected with this trust or not, that gave rise to such taxes. Corporate Successor Trustee Powers 4.09. In the event Merrill Lynch Trust Company of America, an Illinois corporation ("Merrill Lynch Trust"), shall be appointed as successor Trustee or Co-Trustee, Merrill Lynch Trust shall have the following specific powers as to trust property and may exercise the same in its sole and absolute discretion without Court order or approval: (a) To engage any corporation, partnership or other entity affiliated with Merrill Lynch Trust (an" Affiliated Entity") to render services to any trust hereunder, including, without limitation: (i) To manage or advise on the investments of such trust on a discretionary or nondiscretionary basis. (ii) To act as a broker or dealer to execute transactions, including the purchase of any securities currently distributed, underwritten or issued by an Affiliated Entity, at standard commission rates, markups or concessions and to provide other management or investment services with respect to such trust, including the custody of assets and to pay for any such services from trust property, without reduction for any compensation paid to Merrill Lynch Trust for its services as Trustee. (b) To invest in mutual funds offered by an Affiliated Entity or to which an Affiliated Entity may render services and from which an Affiliated Entity receives compensation. 9 (c) To cause or pennit all or any part of any trust hereunder to be held, maintained or managed in any jurisdiction and to hold any trust property in the name of its nominee or a nominee of any Affiliated Entity. (d) To retain and sell the trust property, including any securities issued by Merrill Lynch & Co., Inc., and to invest and reinvest the same in all fonns of property, including, without limitation, stocks, bonds, mutual funds, notes, securities or other property, including securities issued by Merrill Lynch & Co., Inc. Merrill Lynch Trust shall not be deemed to have accepted titled to, and shall not act or be obligated to act in any way as a Fiduciary with respect to, any real property, including any real property owned or operated by a sole proprietorship, general or limited partnership, limited liability company, or closely held corporation or any interest in any such business enterprise, which is or may become an asset of the trust until (i) an appropriate environmental audit is perfonned at the expense of the Settlor or the trust to detennine that conditions at such real property or operations conducted by such business enterprise are in compliance with state and federal environmental laws and regulations affecting such real property or such business enterprise and (ii) Merrill Lynch Trust has accepted such property as an asset of the trust by a separate writing delivered to the Settlor, if living, or, if not, to the income beneficiary or beneficiaries of the trust (or their natural or legal guardians), and to the Co-Trustee, if any. The Settlor agrees to indemnify and hold harmless Merrill Lynch Trust as Trustee and the Affiliated Entities from and against any and all claims, demands, losses, liabilities, damages and expenses which may be sustained at any time because of any act or omission, including acts or omissions of ordinary negligence, occurring before the date the trust property was received by the Trustee. Merrill Lynch Trust is expressly relieved of any duty or responsibility to audit 10 '. or review the actions or accounts of its predecessor and, further, is relieved from any liability for the acts or omissions of its predecessor, known or unknown. Merrill Lynch Trust, and any successor corporate Trustee, shall receive payment for its services in accordance with its schedule of rates in effect at the time such compensation becomes payable, without reduction for any other fees or other compensation paid to Merrill Lynch Trust or an AffIliated Entity, including, but not limited to, such fees or other compensation paid by any mutual fund, unit investment trust or other investment vehicle, or an agent. Such compensation may be paid without Court approval. The successor corporate Trustee may resign as Trustee of any trust hereunder at any time by written notice delivered to any Co- Trustee(s) and to all beneficiaries to whom current trust income mayor must then be distributed, or to the natural or legal guardians of such beneficiaries. Such resignation shall be effective upon the written appointment of a successor Trustee. A majority of such income beneficiaries or such natural or legal guardians, as the case may be, shall have the power to appoint a successor Trustee, or in default of such appointment, the Trustee shall have the same power. All of the Trustee's fees and expenses (including reasonable attorney's fees) attributable to the appointment of a successor Trustee shall be paid by such trust. No bond or other security shall be required of the Trustee or any successor Trustee in any jurisdiction. Any successor Trustee shall have the same powers, authorities and discretions as though originally named as the Trustee. The Trustee shall have the power to employ, and to delegate any of its discretionary and nondiscretionary powers to agents, including, but not limited to, attorneys, investment advisors, appraisers or accountants as it deems necessary and proper and to pay for such services from the trust property. 11 ARTICLE V. ADMINISTRATIVE PROVISIONS Undistributed Income on Termination of Beneficial Interest 5.01. Whenever the right of any beneficiary to payments from the net income or principal of the Trust Estate shall terminate, either by reason of death or other cause, any accrued or undistributed net income from the Trust Estate undistributed by the Trustees on the date of such termination shall be held, administered, and distributed by the Trustees in the same manner as if such income had accrued and been received by the Trustees after the date such beneficiary's right to receive payments from the trust terminated. Spendthrift Provision 5.02. Except as otherwise expressly provided in this Agreement, no beneficiary of any trust provided for in this Agreement shall have any right, power, or authority to alienate, encumber, or hypothecate his or her interest in the principal or income of such trust in any manner, nor shall such interest of any beneficiary be subject to claims of his or her creditors or liable to attachment, execution, or other process of law. Beneficiary Incapacity 5.03. If any beneficiary to whom the Trustees are directed to distribute any share of trust principal is, in the opinion of the Trustees, incapable of properly managing his or her own affairs, his or her share shall vest in interest in him or her indefeasibly, but the Trustees shall continue to hold such share until, in the opinion of the Trustees, no incapacity exists, with all the powers granted to them as Trustees herein and with authority to use both income and principal for the beneficiary's health, education, maintenance, and support. Payments may be made to the guardian of the beneficiary when the payments are made, without liability on the part of the Trustees to see to the application of said payments by the guardian. 12 Distribution in Kind or in Cash 5.04. On any final or partial distribution of the assets of the Trust Estate and on any division of the assets of the Trust Estate into shares or partial shares the Trustees may distribute such assets in kind, may distribute undivided interests in such assets, or may sell all or any part of such assets and make distribution in cash or partly in cash and partly in kind. The decision of the Trustees, either prior to or on any division or distribution of such assets, as to what constitutes a proper division of such assets of the Trust Estate shall be binding on all persons in any manner interested in any trust provided for in this Agreement. ARTICLE VI. RESIGNATION AND COMPENSATION OF TRUSTEES Resignation of Trustee 6.01. The original Trustees shall have the right to resign at any time. Upon the resignation, death or incapacity of either original Trustee, the remaining original Trustee may serve without appointment of a successor Trustee. In the alternative, the remaining original Trustee may appoint a successor Co-Trustee. In the event the remaining original Trustee resigns, becomes incapacitated, or otherwise unable to serve, or upon the death of the remaining original Trustee, Settlor hereby designates BARBARA LOU PEARL as successor Trustee. In the event said successor Trustee is unable or unwilling to so serve or continue to serve, Settlor hereby designates MERRILL LYNCH TRUST CaMP ANY OF AMERICA, an Illinois corporation, as successor Trustee. Right and Power of Successor Trustee 6.02. Any successor Trustee appointed as provided in Section 6.01 of this Agreement because of the death, resignation, incapacity or other act of the Trustees, shall, on such appointment being made, innnediately succeed to all title of the Trustees to the Trust Estate and 13 to all powers, rights, discretions, obligations and immunities of the Trustees under this Agreement with the same effect as though such successor were originally named as a Trustee in this Agreement. Compensation of Trustee 6.03. The Settlor shall not be entitled to any compensation for her services as Trustee. Any other individual Co-Trustee or individual successor Trustee shall be entitled to receive reasonable compensation for his or her services under this Agreement, such compensation not to exceed the amount that would be permitted by a court of competent jurisdiction. Bond 6.04. No bond shall be required of the original Trustees hereunder or of any successor Trustee; or if a bond is required by law, no surety shall be required on such bond. ARTICLE VII. REVOCATION OF TRUST Revocation During Life of Settlor 7.01. Settlor reserves the right during her life to amend, modify, revoke or terminate this trust, in whole or part, without the consent of or notice to any beneficiary or any Co- Trustee, by an instrument in writing signed and acknowledged by the Settlor, effective upon delivery to the Trustees. Consent of Trustees to Amendment 7.02. The trust may not be amended to change the obligations, rules or rights of the Trustees without the written consent of the Trustees to such amendment. 14 Trustees Duties on Revocation 7.03. If the entire trust is revoked by the Settlor, the Trustees shall transfer to the Settlor all of the Trust Estate and shall execute and deliver to the Settlor all instruments which are necessary or appropriate to release all interests of the Trustees in the trust. Irrevocability of Trust on Death of Settlor 7.04. From and after the death of the Settlor the trust created hereby shall become irrevocable and shall not be altered or amended. ARTICLE Vill. CONSTRUCTION OF TRUST Applicable Law 8.01. The trust created by this Agreement has been accepted by the Trustees in the Commonwealth of Pennsylvania, will be administered by the Trustees in Pennsylvania, and the validity, construction, and all rights under this Agreement shall be governed by the laws of the Commonwealth of Pennsylvania. The situs of the property of any trust created hereunder may be maintained in any jurisdiction, in the Trustees' sole discretion, and thereafter transferred at any time or times to any jurisdiction selected by the Trustees. Upon any such transfer of situs, the Trust Estate may thereafter, at the election of the Trustees, be administered exclusively under the laws of the jurisdiction to which it has been transferred. Accordingly, if the Trustees elect to change the situs of any trust hereunder, said Trustees are hereby relieved of any requirement of having to qualify in any other jurisdiction and of any requirement of having to account in any court of such other jurisdiction. 15 " Invalidity of Any Provision 8,02, Should any provision of this Agreement be or become invalid or unenforceable, the remaining provisions of this Agreement shall be and continue to be fully effective. Interpretation 8.03, Whenever used herein, the singular shall include the plural, the plural the singular and the use of any gender shall be applicable to all genders. IN WITNESS WHEREOF, and intending to be legally bound, Settlor and Trustees have executed this instrument. WITNESS ~-;/7~ SETTLOR [SEAL] WITNESS TRUSTEES ( ':5i!iMv~ .1J;::Zt;Luti.-L-- [SEAL] FRANCESD.TEAG~ c CI~4 In a~p'(MJ~l"L[SEAL] CHARLES MAYNARD TEAG E 16 " COMMONWEALTH OF PENNSYLVANIA COUNTY OF ALLEGHENY ) ) SS: ) On this,j \,.:lc..day of W....,...... - lC;:o;' 1997, before me, the undersigned, a Notary Public in and for the a'd County an ommonwealth, residing therein, duly commissioned and sworn, personally appeared FRANCES D. TEAGUE, known to me to be the persons whose name is subscribed to the within instrument, and acknowledged to me that she executed the same as Settlor. IN WITNESS WHEREOF, I have hereunto set my hand and official seal. U.ll.()""'-) R.~-..Jl.~ Notary Public '-') N",ja.;'~l Sl"~l i Velma R. ~.'i~rti;l~r, j'.jotar'~' Pubiic I Pitts<':'lurgJl, J\:ie(lh.:::ny Ccuntf / My Commission Expim~ Jan. 7, 1 SC<.., ~ Member. Penrr3y,vaiii~,ocia'Uvn 'cT;.S;~:'ri~;~- 17 " ."' COMMONWEALTH OF PENNSYLVANIA COUNTY OF ALLEGHENY ) ) SS: ) On this :) \ ~ day of , 1997, before me, the undersigned, a Notary Public in and for the al County an ommonwealth, residing therein, duly commissioned and sworn, persona appeared FRANCES D. TEAGUE and CHARLES MAYNARD TEAGUE, known to me to be the persons whose names are subscribed to the within instrument as Trustees, and acknowledged to me that they executed the same. IN WITNESS WHEREOF, 1 have hereunto set my hand and official seal. ODD^,- - , R~ Notary Public Notarial Seat V+il~a R. Martiner, i'Jot,:,:ry PUhiic Plttsburgil, A!legllimy Count; My Cammts.s!on Ei(pirec ~I~n. 7, 1S9fj Member, Penrny1vaniaAsSOCia!ivn Qt 'N~G:i 18 SCHEDULE A MERRILL LYNCH ACCOUNT # 848-21 W02 19 REV.-1511 EX + (1-97) COMMONWEAL TH O~ PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS ESTATE OF Frances Teague SSII 206-44-5675 11/05/2001 FILE NUMBER 21-02-0111 Debts of decedent must be reported on Schedule I. Nl A. ITEM IMBER DESCRIPTION AMOUNT FUNERAL EXPENSES, 1 Reverend Wilson - service 50.00 2 Reste1li Monument Works - Marker Lettering 90.00 3 Verona Cemetery - Burial charges 150.00 ADMINISTRATIVE COSTS, 1. Personal Representative's Commissions Name of Personal Representative(s) Social Security Number(s) / EIN Number of Personal Representative(s) Street Address City State lip - Year(s) Commission Paid: 2. Attorney's Fees Johnson, Duff ie, Stewart & Weidner 4,000.00 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant Street Address City State lip - Relationship of Claimant to Decedent 4. Probate Fees Register of Wills 15.00 5. Accountant's Fees 6. Tax Return Preparer's Fees -, Other Administrative Costs .. TOTAL (Also enter on line 9, Recapitulation) $ 4,305.00 B. (If more space is needed, insert additional sheets of the same size) Copyright (c) 1996 form software only CPSystems, Inc. Form REV-1511 EX (Rev. 1-97) - 'l- - FlEV-.1512 EX +(1-97) COMMONWEALTH OF PENNSYLVANIA INHEArrANCETA:x. RETURN RESIDENT DECEDENT ESTATE OF Frances Teague SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, AND LIENS SSII 206-44-5675 11/05/2001 FilE NUMBER 21-02-0111 Include unreimbursed medical expenses. ITEM NUMBER 1 Cumberland Crossings DESCRIPTION final charges AMOUNT 6,358.84 2 Albert Pharmacy 35.39 3 T. Waggoner, CPA - Prep. of decedent's 2001 tax returns 450.00 TOTAL (Also enter on line 10, Recapitulation) $ 6,844.23 (If more space is needed, insert additional sheets of the same size) Copyright fc) 1996 form software only CPSystems, Inc. Form REV-1512 EX (Rev. 1-97) REV --1513 EX + (~-OO) COMMONWEALTH OF PENNSYLVANIA IHHERITANCETAX RETURN RESIDENT DECEDENT ESTATE OF SCHEDULE J BENEFICIARIES Frances TeaQ:ue SSf} 206-44-5675 11/05/2001 FILE NUMBER 21-02-0111 RELATIONSHIP TO DECEDENT AMOUNT OR SHARE Do Not List Trustee(s) OF ESTATE 1 NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY TAXABLE DISTRIBUTIONS {Include outright spousal distributions, and transfers under Sec. 9 116(a}(1.Z)] Jean Evelyn Boller Chemin de Serre Blanc F84240 La Bastide des Jourdans France Daughter One-Third Estate NUMBER r. 2 Barbara Lou Pearl 61 East 86th Street New York, NY 10028 Daughter One-Third Estate 3 Charles Maynard Teague 2246 Coventry Court Mechanicsburg, PA 17055 Son One-Third Estate ENTER DOLLAR AMTS. FOR DISTRIBUTIONS SHOWN ABOVE ON LN. 15 THRU 18. AS APPROPRIATE. ON REV 1500 COVER SHEET II. NON- TAXABLE DISTRIBUTIONS. A. SPOUSAL DISTRIBUTIONS UNDER SEC. 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART 11- ENTER TOTAL NON- TAXABLE DISTRIBUTIONS ON LINE 13 OF REV 1500 COVER SHEET $ (If more space is needed, insert additional sheets of the same size) CopyrIght (c) 2000 form software only The Lackner Group, Inc. 0.00 Form REV-1513 EX (Rev. 9-00) T . DUFFIE. STE:WART 8c WEIDNER ATTORNEYS AT!.AW 301 MARKET STREET P. O. BOX 109 MOYNE. PENNSYLVANIA 17043 ~~ '()" It..::: . - }r-+~~ I.. ~ N\C~""'?'~L.....' ~.....' -.-.... .. "'() ~ /j,.',..~ "v ..r7;-;-:--'-:' I: (~ ( V. Nt uS.I'D:,IIlGl I: HAY2:i'C2 1'0-'. ,: lJ .,.: I.. /; i! "':5 1 0 ::: ;, '. 1"';'2));:'14 - . -I;' ''"'E.:=:// ~~ ~ ~'8;A9' l_ _ J: If. t: C\ First Class Ma REGISTER OF WILLS OFFICE CUMBERLAND COUNTY COURTHOUSE 1 COURTHOUSE SQUARE CARLISLE, PA 17013-3387 /1-E!?/1 BUREAU OF INOIVIDUAL TAXES ~. INHE~ITANCE TAX DIVISION ntPT', 280Ml HARRISBURG1 PA 17128-0601 COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE NDTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX EDMUND G MVERS JOHNSON ETAL PO BOX 109 LEMOYNE '0/ JUL-1 DATE ESTATE OF DATE OF DEATH FILE NUMBER COUNTY ACN 06-24-2002 TEAGUE 11-05-2001 21 02-0111 CUMBERLAND 101 Amount Remitted '*' REV-1S41EXAFPIOI-Oll FRANCES D PI\:lli~043 MAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 CUT ALONG THIS LINE ... RETAIN LOWER PORTION FOR YOUR RECORDS ~ REil=is4-j-EX-AFP--fiiFo2Y-NOY-iCE--OF-YNHEifiTANCE-YAX-A"PPRA"isEMENT,--ALLOWANCE-ifR'----------------- DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX ESTATE OF TEAGUE FRANCES D FILE NO. 21 02-0111 ACN 101 DATE 06-24-2002 TAX RETURN WAS: (X) ACCEPTED AS FILED ) CHANGED RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. Re.l Estat. (Schedule A) 2. stocks and Bonds (S~dul. Bl 3. Closely Held stock/Partnership Interest (Schedule C) 4. Mortgages/Notes Receivable (Schedule DJ S. Cash/Bank Deposits/Hisc. Personal Property (Schedule E) 6. Jointly Owned Property (Schedule F) 7. Transfers (Schedule G) 8. Total Assets (1) (2) (3) (4) (5) (6) (7J .00 .00 .00 .00 16.399.01 3.234.46 1.267,488.93 (8) APPROVED DEDUCTIONS AND EXEMPTIONS: 9. Funeral Expenses/Ad... Costs/Misc. Expenses (Schedule H) 10. Debts/Mortgage Liabilities/Liens (Schedule I) 11. Total Deductions 12. Net Value of Tax Return 13. Charitable/Governmental Bequests; Non-elected 9113 Trusts (Schedule J) 14. Net Value of Estate Subject to Tax (9) (10) 4,305.00 6.844.23 (11) (12) (13) (14) NOTE: I~ an assessment was issued previously, lines re~leet ~igures that inelude the total o~ ALL ASSESSMENT OF TAX: 15. Amount of Line 14 at Spousal rate (15) 1&. Amount of Line 14 taxable at Lineal/Class A rate (16) 17. A.ount of Line 14 at Sibling rat. (17) 18. Amount of Line 14 taxable at Collateral/Class Brat. (18) 19. Principal Tax Due A R IT: NOTE: To insure proper credit to your account, submit the upper portion of this for. with your tax pay..ent. 1,287,122.40 11.149 13 1,275,973.17 .00 1,275,973.17 14, 15 and/or 16, 17, 18 and 19 will returns assessed to date. .00 x 00 = 1,275,973.17 X 045 = .00 X 12 = .00 X 15 = (19)= D~TE 01-30-2002 05-23-2002 + INTEREST/PEN PAID (-) 2,368.42 .00 AHOUNT PAID 45,000.00 10,050.37 NUMBER CD000816 CD001213 TOTAL TAX CREDIT BALANCE OF TAX DUE INTEREST AND PEN. TOTAL DUE . IF PAID AFTER DATE INDICATED, SEE REVERSE FOR CALCULATION OF ADDITIONAL INTEREST. .00 57,418.79 .00 .00 57,418.79 57,418.79 .00 .00 .00 ( IF TOTAL DUE IS LESS THAN $1, NO PAYMENT IS REQUIRED. IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR), YOU MAY 8E DUE A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.) BUREAU OF INDIVIDUAL TAXES INP,E~lTAH~~ TAX DI~lS1OH DEPT. 280601 HARRISBURG, PA 17128-0601 COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE NOTICE OF DETERMINATION AND ASSESSMENT OF PENNSYLVANIA ESTATE TAX BASED ON FEDERAL ESTATE TAX RETURN '*' llE't-48~ EX ,I,H' (Ol_OZ) .0/ J&. -I DATE ESTATE OF DATE OF DEATH FILE NUMBER '::: COUNTY ACN 06-24-2002 TEAGUE 11-05-2001 21 02-0111 CUMBERLAND 201 FRANCES D EDMUND G MYERS JOHNSON ETAL PO BOX 109 LEMOYNE Amount Remitted PA 1704~ MAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 NOTE: To insure proper credit to your account. submit the upper portion of this form with your tax payment. CUT ALONG THIS LINE ~ RETAIN LOWER PORTION FOR YOUR FILES ~ RE-y=4811-Ex-iiFP--coi:-oz5-----.-;-No-ficif-oF-iiETE-RMIN-iTlo-N-AN-p-As:SESS-MENT----------------------------- OF PENNSYLVANIA ESTATE TAX BASED ON FEDERAL ESTATE TAX RETURN .. ESTATE OF TEAGUE FRANCES D FILE NO.21 02-0111 ACN 201 DATE 06-24-2002 ESTATE TAX DETERMINATION 1. Credit For State Death Taxes as Verified 50.333.29 2. PennsYlvania Inheritance Tax Assessed (Excluding Discount and/or Interest) 55.050.37 3. Inheritance Tax Assessed by Other States or Territories of the United States (Excluding Discount and/or Interest) .00 4. Total Inheritance Tax Assessed 55.050.37 5. Pennsylvania Estate Tax Due .00 TAX CREDITS: PAYMENT RECEIPT DISCOUNT (+) AMOUNT PAID DATE NUMBER INTEREST/PEN PAID (-) TOTAL TAX CREDIT .00 BALANCE OF TAX DUE .00 INTEREST AND PEN. .00 TOTAL DUE .00 *IF PAID AFTER THIS DATE. SEE REVERSE SIDE (IF TOTAL DUE IS LESS THAN t1. NO PAYMENT IS REQUIRED FOR CALCULATION OF ADDITIONAL INTEREST. IF TOTAL DUE IS REFLECTED AS A "CREDIT" CCR), YOU MAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.) /7 - , ?- ~:'r~ _ // TO Reqister of Wills Office FROM Cumberland Countv Courthouse JOHNSON, DUFFIE, STEWART & WEIDNER 1 Courthouse Square Attorneys at Law Carlisle. PA 17013-3387 P.O. Box 109 Lemoyne, PA 17043 17171 761-4540 SUBJECT: Estate of Frances D. Teague DATE: December 9. 2002 No. 21-02-0111 Enclosed for filing in the above-captioned Estate is a copy of the Estate Tax Closing Letter from the Internal Revenue Service accepting the Form 706 - Estate Tax Return as filed. SIGNED: Edmund G. Mvers csh - ~<iiillnternal Revenue Service . ~JI Cincinnati, OH 45999 Contact Person: Brian Kaufmann Badge Number: 17-14026 Telephone: 1.866.699.4083 (Toll Free Number) ~ (Q) I~ December 4. 2002 Estate Tax Closing Document (Not a bill for tax due) EDMUND G MEYERS PO BOX 109 LEMOYNE PA 17043-0109 Estate Name: FRANCES TEAGUE Social Security Number: 206-44-5675V Date of Death: 11/5/2001 We have determined the following: NET ESTATE TAX: $ $ $ 190,405.99 STATE DEATH TAX CREDIT: 50,333.29 GENERATION-SKIPPING TAX: 0.00 These figures do not include any interest and penalties that may be charged. Please keep this document in your permanent records. You may need it to complete administration of the estate, such as: close probate proceedings, transfer title to property, and settle state taxes. Keep it with your cancelled check(s) to show that you have met the estate tax obligation. Proof of payment in the amount shown above releases you of personal liability (IRe 2204). If the time for payment in the amount shown above is extended under section 6161, 6163, or 6166, personal liability is not released until full payment has been received. We will not reopen this return unless you notify us of changes to the return, or there is evidence of misrepresentation of a material fact, a clearly defined substantial error based upon an established Service position or a serious administrative omission. (See IRC 7121). ~ ~ Field Director, Cincinnati Compliance Service Center ~,;, ,,(~) I c)j '<j \",:> .r' LAW OFFICES NSON, DUFFIE. STEWART & WEIDNER 301 MARKET STREET P. O. BOX 109 LEMOYNE, PENNSYLVANIA 17043-0109 REGISTER OF WILLS OFFICE CUMBERLAND COUNTY COURTHOUSE 1 COURTHOUSE SQUARE CARLISLE. PA 17013-3387 ; ',"'''' :"' '. ~ ' ' ~ n .":. i (,~ i :3 -t ~ ~'~:2 t; '2 1,I,lll!l,Ill!!,!"ll"IJ",lIl!,Il,I,I""I,II,I"j,I,!!,lI,1 PLEASE FILE THIS REPORT WITHIN TWO YEARS OF DATE OF DEATH REGARDLESS OF THE STATUS OF THE ESTATE. IF ESTATE IS NOT COMPLETED, FILE a 6.12 FORM YEARLY UNTIL COMPLETION. STATUS REpORT UNDER RULE 6.12 Name of Decedent: FRANCES D. TEAGUE Date of Death: November 5. 2001 Will No.: Admin No.: 21-02-0111 Pursuant to Rule 6.12 of the Supreme Court Orphans' Court Rules, I report the following with respect to completion of the administration of the above-captioned estate: 1. State whether administration of the estate is complete: Yes ~ No 2. If the answer is No, state when the personal representative reasonably believes that the administration will be complete:. 3. If the answer to NO.1 is yes, state the following: A. Did the personal representative file a final account with the Court? Yes No ~ B. The separate Orphans' Court No. (if any) for the personal representative's account is:. C. Did the personal representative state an account informally to the parties in interest? Yes No ~ D. Copies of receipts, releases, joinders and approvals of formal or informal accounts may be filed with the Clerk of the Orphans' Court and may be attached to this report. o-.fllh:? ~h~ Signature Edmund G. Mvers. ESQ. Johnson, Duffie, Stewart & Weidner 301 Market Street, P.O. Box 109 Lemovne. PA 17043-0109 Address Date: (717) 761-4540 Telephone No. Capacity: Personal Representative ~ Counsel for Personal Representative ~/ O~ ??-II EDMUND G MYERS JOHNSON ETAL PO BOX 109 LEMOYNE COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE NOTICE OF DETERMINATION AND ASSESSMENT OF PENNSYLVANIA ESTATE TAX BASED ON FEDERAL CLOSING LETTER DATE ESTATE OF DATE OF DEATH FILE NUMBER 1 (I .f' 8 COUNTY ACN *' ,AU OF INDIVIDUAL TAXES ~ITANCE TAX DIVISION . 280601 [SBURG~ PA 17128-0601 REV-75'EXAfPIDI-D2l 08-18-2003 TEAGUE 11-05-2001 21 02-0111 CUMBERLAND 202 Amount Re..itted FRANCES D l.^, PA 17O:t(~, MAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 NOTE: To insure proper credit to your account, submit the upper portion of this for.. with your tax pay.ant. . ALONG THIS LINE ~ RETAIN LOWER PORTION FOR YOUR FILES ..... ;=736--EX--AFP--fOi~-02)-----il.-NO-iicE--OF--DETifRHiiiAfiiiN-AN-D-AlisESS-HENir---------------------------- OF PENNSYLVANIA ESTATE TAX BASED ON FEDERAL CLOSING LETTER .. .ATE OF TEAGUE FRANCES D FILE NO.21 02-0111 ACN 202 DATE OB-18-2003 ESTATE TAX DETERMINATION Credit For State Death Taxes as Verified 50,333.29 Pennsylvania Inheritance Tax Assessed (Excluding Discount and/or Interest) 55,050.37 Inheritance Tax Assessed by Other States or Territories of the United States (Excluding Discount and/or Interest) .00 Total Inheritance Tax Assessed 55.050.37 Pennsylvania Estate Tax Due .00 Amount of Pennsylvania Estate Tax Previously Assessed Based on Federal Estate Tax Return .00 Additional Pennsylvania Estete Tax Due .00 CREDITS: PAYMENT RECEIPT DISCOUNT (+) AMOUNT PAID DATE NUMBER INTEREST/PEN PAID (-) TOTAL TAX CREDIT .00 BALANCE OF TAX DUE .00 INTEREST AND PEN. .00 TOTAL DUE .00 :F PAID AFTER THIS DATE, SEE REVERSE SIDE (IF TOTAL DUE IS LESS THAN $1, NO PAYHENT IS REQUIRED 'OR CALCULATION OF ADDITIONAL INTEREST. IF TOTAL DUE IS REFLECTED AS A "CREDIT"- CCRJ I YOU "AY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORH FOR INSTRUCTIONS.)