HomeMy WebLinkAbout07-21-14 (2) � 15056101�5
REV-1500 EX(oz-ii)(FI) ��;
enns lvania OFFICIAL USE ONLY
PA Department of Revenue PE,�pr�ExY County Code Year File Number
Bureau of IndividualTaxes pINHERITANCE TAX RETURN
PoBOxz8o6oi RESIDENT DECEDENT �I I�-I' ����
Harrisburg PA i'7i28-o6oi
ENTER DECEDENT INFORMATION BELOW
Social Security Number Date of Death MMDDYYYY Date of Birth MMDDYYYY
10/20/2013 09/30/1923
DecedenYs Last Name Suffix DecedenYs First Name MI
McCracken Clifford 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.Originai Return O 2.Supplemental Return O 3. Remainder Return(Date of Death
Prior to 12-13-82)
p 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.Oecedent 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.Spousai Poverty Credit(Date of Death O 11. Election to Tax under Sec.9113(A)
Between 12-31-91 and 1-1-95) (Attach Schedule O)
CORRESPONDENT- THIS SECTION MUST BE COMPLETED.ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED T0:
Name Daytime Telephone Number
Alan L McCracken (410)459-5608
REGISTER OF�S USE ONLY_�:
�
��? t._._ t-�'t}C:
��:�t`.
First Line of Address �-C r', � ,
r°— c�
� - � --.
1205 Jenny Road �� .;�� �' r � �_,
. , � -
Second Line of Address �C-', ` ;�t
�('J "i7 � i
�C---" _-� �"s
City or Post Office State ZIP Code DA7 EB �;'? �`��t:f
C.� .�
Bel Air MD 21014 �T°
CorrespondenYs e-mail address: Q�irtcc 50 C�✓eri zd 1�► �et'
Under penalties of perjury,I declare that I have examined th' return,including accompanying schedules and statements,and to the best of my knowledge and belief,
it is true,correct and complete.Declaration of preparer o r than the personal representative is based on all information of which preparer has any knowledge.
SIGNAT F P S N t�Sl FOR FIL RETURN D TE
� C '7
ADDRESS
1205 Jenny Road, el Air, MD 21014
SIGNATURE OF PREPARER OTHER THAN REPRESENTATIVE DATE
ADDRESS
PLEASE USE ORIGINAL FORM ONLY
Side 1
� 1505610105 1505610105 �
� 1505610205
REV-1500 EX(FI)
DecedenYs Social Security Number
DecedenYs Name: Clifford L McCracken
RECAPITULATION
1. Real Estate(Schedule A). .......... ................... ............... 1. 1,660.00
2. Stocks and Bonds(Schedule B) ....................................... 2. 83.40
3. Closely Held Corporation,Partnership or Sole-Proprietorship(Schedule C) ..... 3.
4. Mortgages and Notes Receivable(Schedule D)........................... 4.
5. Cash,Bank Deposits and Miscellaneous Personal Property(Schedule E)....... 5. 24,654.56
6. Jointly Owned Property(Schedule F) O Separate Billing Requested ....... 6.
7. Inter-Vivos Transfers&Miscellaneous Non-Probate Property
(Schedule G) O Separate Billing Requested........ 7. 145,593.99
8. 7otal Gross Assets(total Lines 1 through 7)............................. 8. 171,991.95
9. Funeral Expenses and Administrative Costs(Schedule H)................... 9. 9,816.20
10. Debts of Decedent,Mortgage Liabilities and Liens(Schedule I)............... 10. 2,685.75
11. Total Deductions(total Lines 9 and 10)................................. 11. 12,501.95
12. Net Value of Estate(Line 8 minus Line 11) .............................. 12. 159,490.00
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. 159,490.00
TAX CALCULATION-SEE INSTRUCTIONS FOR APPLICABLE RATES
15. Amount of Line 14 taxable
at the spousal tax rate,or
transfers under Sec.9116
(a)(1.2)X.0_ 15.
16. Amount of Line 14 taxable
at lineal rate x.0 45 159,490.00 �g, 7,177.05
17. Amount of Line 14 taxable
at sibling rate X.12 17.
18. Amount of Line 14 taxable
at collateral rate X.15 18.
19. TAX DUE ......................................................... 19. 7,177.05
20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT O
Side 2
� 1505610205 150561�205 J
REV-1500 EX(FI) Page 3 File Number
Decedent's Complete Address:
DECEDENT'S NAME
Clifford L McCracken
STREETADDRESS
39 Dilier Drive
CITY STATE ZIP
Shippensburg PA 17257
Tax Payments and Credits:
1. Tax Due(Page 2,Line 19) (1) 7,177.05
2. CreditslPayments
A.Prior Payments _
B.Discount
Total Credits(A+g) (2) 0.00
3. Interest
(3) 0.00
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) 7,177.05
Make check payable to: REGISTER OF WILLS,AGENT.
PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS
1. Did decedent make a transfer and: Yes No
a. retain the use or income of the property transferred.......................................................................................... ❑ �
b. retain the right to designate who shall use the property transferred or its income ............................................ ❑ �
c. retain a reversionary interest.............................................................................................................................. ❑ �
d. receive the promise for life of either payments,benefits or care?...................................................................... ❑ �
2. If death occurred after Dec.12,1982,did decedent transfer property within one year of death
without receiving adequate consideration?.............................................................................................................. ❑ �
3. Did decedent own an"in trust for"or payable-upon-death bank account or security at his or her death?.............. ❑ �
4. Did decedent own an individual retirement account,annuity or other non-probate property,which
containsa 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)(i)].
For dates of death on or after Jan. 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0 percent
[72 P.S.§9116(a)(1.1)(ii)].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 deceasetl 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(a)(1)].
• The tax rate imposed on the net value of transfers to or for the use of the decedenYs 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.
-__ _
REV-1502 EX+(12-12)
� pennsylvania SCHEDULE A
DEPARTMENT OF REVENUE
INHERITANCE TAX REfURN REAL ESTATE
RESIDENT DECEDEM
ESTATE OF: FILE NUMBER:
Clifford L McCracken
All reai 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 wiliing buyer and a willing seller,neither being compelled to buy or sell,both having reasonable knowled9e of the relevant facts.
Reai property that is jointly-owned with right of survivorship must be disclosed on Schedule P.
Attach a copy of the settlement sheet if the property has been sold.
ITEM Include a copy of the deed showing decedenYs interest if owned as tenant in common. VALUE AT DATE
NUMBER OF DEATH
DESCRIPTION
1� .20 Acres Vacant Land-Map No.09-3040-142-000,Lycoming County,Cummins Township 1,660.00
TOTAL(Also enter on Line 1, Recapitulation.) $! 1,660.00 :
If more space is needed,use additional sheets of paper of the same size.
54 21466 23900
COUNTY OF LYCOMING PRESORTED
48 WEST 3RD STREET FlRST CtaSS Mnl� PAY YOUR TAXES USING THE FOLLOWIN�OPTIONS:
WILLIAMSPORT PA 17701 U.S.POSTAGE PAID ��
EBENSBURG PA t 593t 1. PAY AT ANY BRANCH OF CITIZENS&NORTHERN �
Tem�Retum Senrice Requested PERMIT NO.303 BANK(WALK-IN PMTS BY CHECK•ONLY-MUST �
090 007745 HAVE COPY OF TAX BILL TO MAKE PAYMENT.) �.
REAL ESTATE TAX STATEMENT ENCLOSED
2. MAIL TO ADDRESS PROVIDED IN THE PAYABLE �
III��IIItI�I11Ii'II"�I�I��I�I�IIII"III�III1�����1����1��1�1�1�� SEC110NOFTt�ETAxBILL. N��
3. AT THE LYCOMING COUNTY COURT HOUSE-TAX .�
�"*"`AUTO'*ALL FOR AADC 170 21�GB 1 AB Q.384 COLLECTION OFFICE-48 WEST THIRD STREET, o�
MCCRACKEN CLIFFORD L ET UX WILLIAMSPORT,Pa
39 DILLER DR
SHIPPENSBURG PA 17257-9709 4. PAY YOUR TAXES ON-LINE USING THE WEB PAGE ��
WWW.LYCO.ORG-SELECT COLLECTIONS OFFICE �
�,� UNDER DEPARTMENTS ��
'�''� �.
��� ��D� =
��
:n��co��ECron wrt iNwe�nanoN on�accESS __ � _ __ _ TAX PAYER COPY Bill No: 412
OR HAN�ICAPPED/DISABLED PERSONS
Gon o No:090-007745 1
2013 Statement of Real Estate Taxes Bill Date: 3/01/2013
pY�� - Aesessed Laad Improvement Mineral Total
°' Values 1,660 0 0 1,660
TAX COLLECTION-LYCOMING COUNTY COUNTY OF LYCOMING
PO BOX 640 CUMMINGS TOWNSNIP Discount Face Penal
WELLSBORO,PA 16901
Rates .00475000 2+k 10�
esc: ASSESS.NO-027955 COIINTY �.�3 �.e9 &.s e
MAP NO: 09-3040-0142 -000 TAX AMOUNT DUE--°>
$7.73 $7.89 $8.68
ACRES 200 DEED 00276�00449
SR-0044 If Paid On or After 3/al/2o13 5/oi/2o13 7/0l/2013
If Paid On or Before 4/30/2013 6/30/2013 12/31/2013
09+,304.0-0142.00-000+ *'NEW PAYMENT OPTION "
VACANT LAND-LESS ONE ACRE PAY YOUR TAX BILL AT ANY BRANCH OF CITRENS&NORTHERN BANK
BANK WALK-IN PMTS BY CHECK ONLY AND MUST HAVE COPY OF YOUR
« MCCRACKEN CLIFFORD L ET UX T�B�LL
a� 39 DILLER DR
SHIPPENSBURG PA 17257-9709
F�ce (570)327-2274
�ues 8:30 T0 5:00'PM
MONDAY'THROUGH FRIDAY
10541100001�41201303054000�41200000D7?30D00�078900000086814
�LL COLLECTOR FOR INFORMATION ON ACCESS � I I' REMITTANCE COPY Bill No: 4f 2
- „_'�'V - f74{J"S°"
` ` 2013<Statemeet of Real Estafe Taxes'; Biil�Date_�= I 3/Ot/2013
Y� _ Assessed r-. Land .,Improvemeat iMineral Total
TAX COLLECTION-LYCOMING COUNTY va�ues '1,550 0 0 1,660
PO'$OX 640": COUNTY OFtYCOMING
WELLSBORO,PA 16901 CUMMINGSTOWNSHIP DISCOUOt Face Penalti
Rates .D0475000 2+� 10+!
sc: ASSESS.N0-027�55 CO�'Y 7.73 7.89 Ss'6B
` MAP No: os-3040-0�a2 -o0o T,q)(AMOUNT DUE----> $7.73 $7.89 $8.68
ACRES 200 DEED 00276�00449
SR-0044 I£ Paid On or After 3/Ol/2013' S/Ol/Z013 7/Ol/2013
If Paid Oa or Before 4/30/2013 6/30/2013 12/31/2Q13
09+,304.0-0142.00-000+ **NEW PAYMENT OPTION `•
VPIGANT LAND-LESS ONE ACRE` PAY YOUR TAX BILL AT ANY BRANCH OF C(TI`LENS�NORTHERN BANK .
BANK WALK-IN PMTS BY CHECK ONLY AND MUST HAVE COPY OF YOUR`
TAX BILL.
MCCRACKEN CLIFFORD L ET UX
•r� 39 DILLER DR
SHIPPENSBURG PA 17257-9709 ':
�ce (57Q)327-2274
iRS: 8:30 TO 5:OQ PM
MONDAY THROUGi-E FRIDAI`'
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REV-1503 EX+(&12)
�J'pennsylvania SCHEDVLE B
�' DEPARTMENT OF REVENUE
INHERITANCE TAX REfURN STOCKS & BONDS
RESIDENT DECEDENT
ESTATE OF FILE NUMBER
Clifford L McCracken
All properly jointly owned with right of survivorship must be disclosed on Schedule F.
ITEM VALUE AT DATE
NUMBER DESCRIPTION OF DEATH
1' U.S.Savings Bond-Series EE 83.40
TOTAL(A►so enter on Line 2, Recapitulation) ; 83.40
If more space is needed,insert additional sheets of the same size
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REV-i5o8 EX+(o8-i2)
�� pennsylvania SCNEDULE E
DEPARTMENT OF REVENUE CASH� BANK DEPOSITS &MISC.
INHERITANCE TAX RENRN PERSONAL PROPERTY
RESIDENT DKEDENT
ESTATE OF: FILE NUMBER:
Clifford L McCracken
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.
IfEM VALUE AT DATE
NUMBER DESCRIPTION OF DEATH
�. Jersey Shore State Bank-Checking-Account#1376748&7560028 18,316.86
2, Orrstown Bank-Savings-Account#703004776 6,337.70
TOTAL(Also enter on Line 5, Recapitulation) $ 36,694.56
If more space is needed,use additional sheets of paper of the same size.
1�/21/13 Deposit Inquiry Page 01 of 15 10:53:37
Clifford L. McCracken CIF number: — M012593
39 Di1Zer Dr Phone: (H) (717) 532-6241 Birth date:
Shippensburg PA 1725?-9709 (B) (717} 532-6241 9/30/1923
Tax ID number: 190-18-2686 Br#: 003
Account type: 55 + Statmt Savings
OLD# 0 JHA# 7560028
Custo�er Deceased Don't close Messages Sweep Parent 1 of 1
Available Balance: 18, 315.82 Date last active: 11706/13
Collected balance: 18, 315.82 Last Dep: 11/06/13 18. 74
Current balance: 18, 315.82 Date last overdrawn: 0/00/00
Yesterday' s bal: 18, 315. 82 Date opened: 6/14/07
Last stmt balance: 17, 865. 82 Date last statement: 10/31/13
Avg collected bal: 18, 311. 13 Date last contact: 6/22/07
Avg ledger balance: 18, 311. 13 Closing balance: 18, 316. 86
Interest rate: . 030000a Accrued interest: 1. 04
Stmt/Service chg/Int cycle: 31 90 90 Service charge: No
Automatic NSF fee: Yes SC Code 5Q / SC Waive expir: 0/00/00
Statement/passbook code: Statement
Per diem: . 015054
Curr cash value: 18, 316. 86 More.
F1=Add1 functions F3=Exit F4=Sweep Inquiry FS=History
F6=Messages F8=Maintenance F9=Relationships F24=More Keys
� QRRSTOWNBANK
A Tradition of Excellence _
= ORRS P•O.Box 250
o Shippensburg,PA 17257
Temp-Retum Service Requested Da t e 9/3 0/13 P a g e 1
Primary Account 703004766
Enclosures
� 013155 0.4500 SP 0.480 TRd0048
Clifford L McCracken
�� 319 Diller Dr
� Shippensburg PA 17257
�� .
S A V I N G S A C C O U N T S
Account Title Clifford L McCracken
Statement Savinqs �
Account Number 703004766 Statement Dates 7/O1/13 thru 9/30/13
Previous Balance 6,220.32 Days In The Statement Period 92
Deposits/Credits .00 Average I,edger 6,220.32
Checks/Debits .00 Average Collected 6,220.32
Service Charge .00 Interest Earned 2.35
Interest Paid 2.35 Annual Percentage Yield Earned 0.15�
Ending Balance 6,222.67 2013 Interest Paid 6.94
Detail Transactions By Date
Date Description Aawunt Sa2aace
� 9/30 Interest Deposit 2.35 6,222.67
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REV-1510 EX+(OS-09)
� pennsylvania SCHEDULE G
DEPARTMENTOFREVENUE INTER-VIVOS TRANSFERS AND
INHERITANCE TAX RETURN MISC. NON-PROBATE PROPERTY
RESIDENT DECEDENT
ESTATE OF FILE NUMBER
Clifford L McCracken
This schedule must be completed and filed if the answer to any of questions 1 through 4 on page three of the REV-1500 is yes.
ITEM DESCRIPTION OF PROPERTY
n�aw�n�Eru�o�TMEtw�+s�,rr+m��e.�a�s�Proo�c�e�r�wo DATEOFDEATH %OFDECD'S EXCLUSION TAXABLE
NUMBER 1HEDA7E�TRANSFER. ATTM}iACOWOFTHEDE�f-0RREALESfA1E. VALUEOFASSET INTEREST �iFnwt.tcne�e) UALUE
i. Welis Fargo Advisory-Inter Vivos Revocable Trust 133,553.99 133,553.99
2 IRA-Jersey Shore State Bank 12,040.00 12,040.00
TOTAL(Also enter on Line 7, Recapitulation) $ 145,593.99
If more space is needed,use additional sheets of paper of the same size.
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INTER VIVOS REVOCABLE TRUST AGREEMENT
THIS AGREEMENT OF TRUST,executed in duplicate this /�'�' day of�►zi� ,2000,
between CLIFFORD L. McCRACKEN, of the Borough of Duboistown, Lycoming County,
Pennsylvania 17702 (hereafter called "Settlor"), and ALAN L. McCRACKEN, of Bel Air,
Maryland,or if he cannot serve for any reason,ROBERT S. WINTER, JR., of Newtown Square,
Pennsylvania, (hereafter called"Trustee"),
WITNESSETH:
FIRST: Settlor grants,assigns and sets over to Trustee and his successor all the property
described in Schedule A annexed hereto, and said property,together with all other property,real
or personal,that may be added to the Trust(such property and additions being hereinafter called
"principal"), shall be held by Trustee, IN TRUST,upon the following terms.
SECOND: During the Settlor's lifetime,to pay to him the net income therefrom and so
much of the principal as shall be requested by Settlor or as Trustee, in his discretion, from time
to time thinks advisable for Settlor's support to maintain him in the standard of living to which
Settlor was accustomed at creation of the Trust. If Settlor is, in the opinion of the Trustee,
. disabled by reason of age, illness or any other cause, Trustee shall apply for Settlor's benefit as
much of the net income and principal of this Trust as Trustee may from time to time think
advisable for Settlor's support to maintain Settlor in the standard of living to which Settlor was
accustomed at creation of the Trust.
THIRD: Following Settlor's death, if Settlor's wife, FAY L. McCRACKEN, survives
Settlor (and Settlor directs that for the purpose of this Article Third she shall be deemed to
survived Settlor unless it appears unmistakably that she predeceased Settlor), and if the federal
estate tax due because of Settlor's death will be reduced by making this gift for her benefit,
, �.
Trustee shall set aside IN SEPARATE MARITAL DEDUCTION TRUST,the least amount(based
upon values as finally determined for federal estate tax purposes in Settlor's estate)as would be
needed for the federal estate tax unlimited marital deduction to reduce the federal estate tax to the
lowest possible figure after full use of all other deductions and credits allowable in calculating the
federal estate tax, except that such amount shall be calculated without regard to the augmenting
of Settlor's taxable estate by reason of generation-skipping transfers and without regard for any
credit for state death taxes that would not otherwise be payable. Accordingly,Settlor directs that:
A. If the marital deduction or any similar benefit is allowable with respect to
any property, including property held by entireties, which Settlor's wife has received prior to
Settlor's death,or at Settlor's death will receive,otherwise than pursuant to this Article Third,the
value of such property shall be taken into consideration in calculating the size of the gift under
Article Third.
B. No property ineligible for the marital deduction or any similar benefit shall
be distributed to this gift for Settlor's wife,FAY L.MCCRACKEN,pursuant to this Article Third.
C. Either cash or investments or both may be allocated to the gift under this
Article Third.
D. Any property allocated under this Article Third in kind shall be valued at
the value at which it is finally included in Settlor's gross estate for federal estate tax purposes,
provided that the aggregate market value thereof on the date of allocation(plus the value as fmally
determined for federal estate tax purposes of all other property qualifying for the marital
deduction) is at least equal to the dollar value of the marital deduction as finally determined for
federal estate tax purposes.
2
E. Settlor's wife,FAY L.McCRACKEN,shall be paid the entire income from
the principal in such periodic installments as Trustee shall fmd convenient, but at least as often
as quarter-annually.
F. As much of the principal of this Trust as the Trustee, other than Settlor's
wife may from time to time think advisable for the support of Settlor's wife or during illness or
emergency shall be either paid to her or else applied directly for her benefit by the Trustee.
G. In addition to the above provisions,Settlor's wife,FAY L.McCRACKEN,
shall have the power to withdraw such amounts from principal as she shall desire from time to
time including the entire e�austion of a11 principal.
H. Upon the death of Settlor's wife,FAY L.McCRACKEN,Trustee shall first
deduct and pay to the personal representative of Settlor's wife's estate an amount equal to the
increase in federal estate tax or state death taxes which her estate will have to pay because of the
inclusion of the assets under this Article Third in her gross estate(unless she directs otherwise in
her Will)and all then-remaining principal shall be distributed to such of Settlor's children in such
amounts and proportions and in such estates,either absolutely or in trust,as Settlor's wife,FAY L.
McCRACKEN, shall by her last Will appoint,provided that this power may be exercised only by
specific reference to the power in her Will. If Settlor's wife, FAY L. McCR.ACKEN, shall fail
either wholly or in part to exercise effectively the power of appointment herein granted, the
unappointed principal shall be distributed as a part of the Trust under Article Fourth thereof.
I. This Article Third is intended to empower Settlor's Executor, or in the
absence of same Settlor's Trustee, to qualify this gift or as much thereof as he may deem
advantageous for the qualified terminable interest property provision set forth in Section
2056(b)(7)of the Internal Revenue Code and as such, Settlor directs that if any provisions of this
Trust Agreement shall result in depriving this Article Third of the benefits of the IRC §
3
2056(b)(7),if elected,such provision is hereby revoked and this Agreement shall be read as if any
portion hereof which would result in such disquali.fication is null and void.
FOURTH: Following Settlor's death, the entire amount of trust assets not held in trust
under Article Third hereof shall be held by Trustee IN SEPARATE FAMILY TRUST for the
following uses and purposes:
A. Trustee shall pay the net income from the principal in such periodic
installments as Trustee shall find convenient, but at least as often as quarter-annually, together
with as much principal, as in the sole discretion of Trustee,that Trustee deems necessary for the
care,maintenance and general welfare of Settlor's wife.
B. In additionto the above provisions,Settlor's wife,FAY L.McCRACKEN,
shall have the power to direct the Trustee to pay to her or to apply out of principal in each year
including the year of Settlor's death and the year of her death an amount not in excess of the
greater of Five Thousand($5,000.00)Dollars or five(5%)percent of the then aggregate value of
the trust principal. This power is noncumulative and can be exercised only by an instrument in
writing intended to take effect during her life, signed by Settlor's wife, FAY L. McCRACKEN,
and delivered to the Trustee.
C. Upon the death of Settlor's wife,FAY L.McCRACKEN,or upon Settlor's
death if she predeceases him,the then-remaining principal and any accumulated or undistributed
income shall be distributed to the then-living issue, per stirpes, born of Settlor's marriage to
FAY L. McCRACKEN, and provided that if any of such issue shall be under the age of twenty-
one(21),the share of such issue shall be held by the Trustee,IN FURTHER SEPARATE TRUST,
for the following uses and purposes:
(1) If the beneficiary is under the age of twenty-one(21),to expend and apply
so much of the net income(any income not expended or applied to be accumulated and added to
4
principal)and so much of the principal of each trust as the Trustee shall consider advisable for the
support and education (including college education, both graduate and undergraduate) of that
beneficiary until he or she attains the age of twenty-one (21) years, at which time such
beneficiary's share sha11 be paid over to him or to her absolutely and freed from trust.
(2) If any such beneficiary shall die before receiving final distribution of his
or her entire share,the undistributed balance shall be distributed outright to his or her surviving
issue,if any,or if none to Settlor's then living issue,per stirpes, subject to the trust provisions of
Article Fourth(C)(1)herein.
FIFTH: The principal and income of this trust shall be free from anticipation,assignment,
pledge or obligation of Settlor or of any beneficiary and shall not be subject to any execution or
attachment or to voluntary or involuntary alienation.
SIXTH: Trustee shall have the power, but not the duty, to make such expenditures out
of this trust as he, in his uncontrolled discretion,may consider desirable in order to facilitate the
settlement of Settlor's estate. In exercising such power,Trustee may pay,in whole or in part,any
or all of the following items: The expenses of Settlor's last illness and burial, including cost of
gravemarker;his debts;his income taxes;the death taxes on any and all property included in his
gross estate for tax purposes; and all other items in connection with the settlement of his estate.
Any such items may be paid directly by Trustee,or the funds for such payment may be transferred
by Trustee to Settlor's executor or administrator; and neither such executor or administrator nor
any beneficiary of Settlor's estate sha11 be required to reimburse Trustee for any funds so paid.
SEVENTH: Trustee shall have the following powers in addition to those vested in him
by law and by other provisions of this trust, applicable to all property, whether principal or
income,including property held for minors,exercisable without court approval,and effective until
actual distribution of all property:
5
A. To retain any and all of the assets of this trust, real or personal, including
any shares of stock or other securities, without restriction to investments authorized for
Pennsylvania fiduciaries, as he deems proper, without regard to any principle of diversification
or risk.
B. To sell at public or private sa1e,to exchange, or to lease for any period of
time, any real or personal property and to give options for sales, exchanges or leases, for such
prices and upon such terms and conditions as he deems proper.
C. To allocate receipts and expenses to principal or income or partly to each
as he from time to time thinks proper in his sole discretion,but in no event shall the income of the
marital deduction trust under Article Third be reduced by the exercise of this power.
D. To lend to, or purchase from, Settlor's executor, even though any Trustee
is also such Executor.
E. To hold property in the name of Settlor,or in his name without designation
of any fiduciary capacity, or in the name of a nominee or unregistered.
F. Should the principal of any trust herein provided for be or become too sma11
in the discretion of the Trustee, other than Settlor's wife, so as to make establishment or
continuance of the trust inadvisable,the Trustee,other than Settlor's wife,may make immediate
distribution of the then-remaining principal and any accumulated or undistributed income outright
to the person or persons and in the proportions they are then entitled to income. Upon such
termination,the rights of all persons who might otherwise have an interest as succeeding income
beneficiary or in remainder shall cease.
EIGHTH: Subject to the approval of Trustee,anyone may add properiy,real or personal,
to the principal of this trust by deed, will or otherwise.
6
�,..,�,,�.s—.� _ _
NINTH: Settlor reserves the right by an instrument in writing intended to take effect
during Settlor's lifetime signed by Settlor and delivered to Trustee to revoke or amend this
Agreement in whole or in part provided that the duties,powers and liabilities of Trustee shall not
be substantially changed without his written consent.
TENTH: Trustee may at any time after the death of Settlor and Settlor's wife merge any
separate trust held hereunder with any other separate trust held by Trustee under Agreement of
Settlor's wife, FAY L. McCRACKEN, or under her last Will, if the terms of the trusts are then
substantially similar and held for the primary benefit of the same persons.
ELEVENTH: The situs of this trust for administrative and accounting purposes shall be
in the County of Lycoming and the Commonwealth of Pennsylvania,and all questions pertaining
to the construction or validity of the provisions of this instrument shall be governed by the laws
of that Commonwealth.
TWELFTH: No Trustee named herein shall be required to furnish bond in this or any
other jurisdiction.
IN WITNESS WFiEREOF, Settlor,Trustee and alternate Trustee have hereunto executed
this instrument as of the day and year first above written.
� (SEAL)
Clif L. McCracken, Settlor
���- � G
(SEAL)
Alan L. McCrac n, rustee
(SEAL)
obert . W' , ., alternate Trustee
;
7
- _ _ . _ _
COMMONWEALTH OF PENNSYLVAI�TIA :
: SS:
COUNTY OF�E6�� ���, :
On this �z day of �� , 2000,before me, a Notary Public,personally
appeared ROBERT S. WINTER, JR., known to me (or satisfactorily proven) to be the person
whose name is subscribed to the within instrument,and acknowledged that he executed the same
for the purposes therein contained.
IN WITNESS WHEREOF, I hereunto set my hand and official seal. �'
Notary Public
IOOTAfiIAL SEA!
JOYCE M.O'8RlEN,Net�ry Pudic
8pringiield TwQ•.DNaw�n Counly
Commiasion E ' s A ��p,
• � .
�
_ _ _
i
LAST WILL AND TESTAMENT �
OF
CLIFFORD L. McCRACKEN '
* * * * * * * * * * * * * * *
i
BE IT REMEMBERED, that I, CLIFFORD L. McCRACKEN, of the Borough of Duboistown, �
County of Lycoming, and Commonwealth of Pennsylvania,being of sound and disposing mind, memory, i
and understanding, do make, publish, and declaze the following as and for my Last Will and Testament,
hereby revoking and making null and void any and all Wills and Testaments, or writings in the nature
thereof, by me at any time heretofore made. I;
I
i
FIRST: I direct that all my just debts and funeral expenses,and with respect to all property passing i
;
under this Will or any Codicil hereto,a11 transfer,inheritance or estate taxes,if any,be paid by my Executor '
i
as soon as practicable after my decease.
SECOND: All the rest,residue and remainder of my estate,whether real,personal and mixed, and
i
wheresoever the same may be situate, I give, devise and bequeath to my wife, FAY L. McCRACKEN. ',
THIRD: In the event my wife predeceases me,I give,devise and bequeath my said residuary estate '
to my issue,per stirpes.
i
FOURTH: If my wife and I shall die simultaneously or under circumstances which make it difficult i
�
to determine which of us died first, I direct that my wife sha11 be deemed to have survived me, and the ,
provisions of this Will shall be construed upon that assumption and basis.
FIFTH: I nominate, constitute and appoint my wife,FAY L. McCRACKEN, Executor of this my !
Last Will and Testament. If my wife is unable to serve for any reason, then I nominafe, constitute and !
I
appoint my son, ALAN L. McCRACKEN, of Bel Air, Maryland, and ROBERT S. WINTER, JR., of '
Newtown Squaze, Pennsylvania, Co-Executors of this my Last Will and Testament. No Executor named
herein shall be required to furnish bond in this or any other jurisdiction.
IN WITNESS WHEREOF, I hereby sign, seal, publish and declare this as my Last Will and
Testament, consisting of three (3) typewritten pages, in the presence of the persons�witnessing it at my
request this �5��' day of April, 2000.
��� (�. 1'�'/
,
CLI � RD L. McCRAC N
SIGNED, SEALED, PUBLISHED AND DECLARED, by CLIFFORD L. McCR.ACKEN, the
Testator above-named,to be his Last Will and Testament, in our presence, and we at his request and in his
presence,and in the presence of each other have hereunto subscribed our names as witnesses this �day
of April, 2000.
�
:� �r G���-�
Witne s
�
✓l��o �
Witness
,
2 .
We,CLIFFORD L.McCRACKEN,Robert C. Wise and James W. Goodspeed,the Testator and the '
witnesses, respectively, whose names are signed to the attached or foregoing instrument, being first duly
sworn,do hereby declare to the undersigned authority that the Testator signed and executed the instrument
as his Last Will, and that he had signed willingly, and that he executed it as his free and voluntary act for
the purposes therein expressed,and that each of the witnesses, in the presence and hearing of the Testator,
signed the Will as a witness and that to the best of our knowledge, the Testator was at that time eighteen
years of age or older, of sound mind, and under no constraint or undue influence.
, � �
/"� ;/
Testat
� �..�-�'
w�m SS
�� �� �����
Witness �
�ubscribed, sworn to, and acknowledged
before me this a���day of April, 2000.
�
tary Public
�`����
� �"�e���`tt�.���v��9�
�G�9���8"���v�8��f��93�8�
��Bi�9�:��a��P� �'�dy�
8�.�.—�-,-.:.,.—,.,.�,.��� .��:},�.
3 ,
REV-1511 EX+ (08-13)
� pennsylvania SCHEDULE H
DEPARTMENTOFREVENUE FUNERAL EXPENSES AND
INHERITANCE TAX RETURN ADMINISTRATIVE COSTS
RESIDENT DECEDENT
ESTATE OP FILE NUMBER
Clifford L McCracken
Decedent's debts must be reported on Schedule I.
ITEM
NUMBER DESCRIPTION AMOUNT
A. FUNERAL EXPENSES:
1' Sanders Mortuary, LTD 8,386.20
2. Nevill's Flowers-Funeral Flowers 405.00
3. Pastor Fred R Leuck-Funeral Service 500.00
e. ADMINISTRATIVE COSTS:
1. Personal Representative Commissions:
Name(s)oF Personal Representative(s)
Street Address _
City _ State ZIP
Year(s)Commission Paid: _ ___ _
525.00
2. Attorney Fees:
3. Family Exemption: (If decedent's address is not the same as claimanYs,attach explanation.)
Claimant
Street Address ___ __
City _State__ ZIP_______
Relationship of Claimant to Decedent _ _ __ _ _
4. Probate Fees:
5. Accountant Fees;
6, Tax Return Preparer Fees:
7.
TOTAL(Also enter on Line 9, Recapitulation) $ 9,816.20
If more space is needed, use additional sheets of paper of the same size.
REV-1512 EX+(12-12)
�pennsylvania SCHEDULE I
DEPARTMENT OF REVENUE DEBTS OF DECEDENT,
INHERITANCE TAX RETURN MORTGAGE LIABILITIES &LIENS
RESIDEM DECEDENT
ESTATE OF FILE NUMBER
Clifford L McCracken
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• Heartland Pharmacy 148.72
2. Darryi Guisewite,DO 302.70
3.' Jersey Shore Tax Collector 28.52
4. Tax Collector Lycoming County 8.68
5. Commerciai Acceptance-Ambulance ,' 157.62
6. Stoken Opthalmology 22.86
7. Hospitalists of Central PA 12.14 '
8. Cumberland Goodwill Fire&Ambulance 293.46
9. 'Avco Pension-November Pension Deposit Retumed 1,548.57
' 10. Pennsylvania Department of Revenue 12.83
11. Heartland Care Partne�s-Dr.Bender 137.06;'
12. Deluxe Checks 12.59
TOTAL(Also enter on Line 10, Recapitulation) �'; 2,685.75
If more space is needed,insert additional sheets of the same size.
��ANDERS
1��O�TU�F�Y, LTD.
�cfin�°�i scrvic�. T.zsceful ��irn,n�n�lir���.
Fun�iil�� ��1�.�nccl sinci� I<i�8,
November 1, 2013
Mr. Alan L. McCracken Jersey Shore State Barrk
1205 Jenny Road 2675 Euciid Ave.
Belair, MD 21014 DuBoistown, PA 17702
Statement of Funeral Expenses for: Clifford Lee McCracken
Date of Death: October 20, 2013
PACKAGE:
Sanders Traditional Funeral Service $ 4,895.00
� Sub Totai: $ 4,895.00
MERCHANDISE:
Casket: Valencia $ 2,595.00
Sub Total: $ 2,595.00
TOTAL FUNERAL HOME CHARGES: $ 7,490.00
CASH ADVANCES:
Cemetery Charges $ 945.00
8 Certified Death Certificates at$ 6.00 each $ 48.00
Newspaper Notices $ 403.20
Sub Totai: $ 1,396.20
Total Funeral Expense: $ 8,886.20
If Paid Within 45 Days: $ -500.00
Balance: $ 8,386.20
Thank You for Your Trust and Confidence in Our Service
Please remit Balance due by
December 4, 2013
UJillinn� H. Kieser, S�ii(�r1�. F.D. • Ivlichncl R. Ling,��, T.D. • Lnr��y H. Sn�idei�s, C'.D. • Nn��cy A. Sn���le��s, 1�.D.
570-322-3466• 8Z 1 Dianl��nd St. • �Villiamspurt, PA 17701 • ti�a�����.Sanderslvlurtuar}�.cum
_ : _ '
t �
� i -..�. " ..� ...-_ ..........__.
i . __
� �^; +�lQ Q����e ae�s�ucuo nve. i
J te Bank $>;'3z6 3,�;•PA 17702
� ' 02
225389
(
PAY TO THE - �
ORDEROF DATE�TOVPmv_ e �1� 20,�_ 60-699/313
*�'r��k*�e�e*�Y�E�c��F��F��c*�k�c�s�*�t�k**��F����e*�r*�k*�e**�e*
� 8�386.20**�� �
��
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DQLLARS ��
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KCN13 �� THORIZED SiGNA'TURE
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REV-1513 EX+(01-10)
�� pennsylvania SCHEDULE ]
DEPARTMENT OF REVENUE
INHERITANCE TAX RETURN B E N E FICIARI ES
RESIDENT DECEDENT
ESTATE OF: FILE NUMBER:
Ciifford L McCracken
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� Donna F Leuck Daughter 39872.50
2. VickiLee M Winter Daughter 39872.50
3. Alan L McCracken Son 39872.50
4. Kevin S McCracken Son 39872.50
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. $
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