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HomeMy WebLinkAbout07-18-14 I 1505610143 REV-1500 Ex(dz.1,) L PA Department of Revenue OFFICIAL USE ONLY P Pennsylvania County Code Year File Number Bureau of Individual Taxes oer.a*,.E„ror asysaue PO BOx280601 INHERITANCE TAX RETURN 21 12 0440 Harrisburg,PA 17128-0601 RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death Date of Birth 03 23 2012 08 15 1979 Decedent's Last Name Suffix Decedent's First Name MI CLEGG LORI A (if Applicable)Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW 1. Original Return ❑x 2. Supplemental Return ❑ 3. RRemaiinder Return(Date of Death ❑ 4. Limited Estate ❑ 4a.Future Interest Compromise ❑ 5. Federal Estate Tax Return Required (date of death after 12-12-e2) El 6. Decedent Died Testate 7. Mainljned a Living Trust 8. Total Number of Safe Deposit Btlxes (Attach Copy of Will) ❑ PAttach Gopy of ruse ❑ 9. Litigation Proceeds Received 10,9fw.a.1 P2 31�i r ndat Da95 f Death ❑ 11.Election to tax under Sec.9113(A) (Attach Schedule O) CORRESPONDENT-THIS SECTION MUST BE COMPLETED.ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number JAMES T YINGST ESQUIRE 717 632 5315 REGISTER(`ILLS USE�GNLY F- I Q, DO a r° First Line of Address , :;1 r r it 40 YORE( STREET Second Line of Address W T City or Post Offrde DATE FILED —J Stabs ZIP Code HANOVER PA 17331 Correspondent's e-mail address: iameslyoD.gnyh.com Under penalties of perjury,I declare that I have examined this return,including accompanying schedules and statements,and to the best of my knowedge and belief, it is true,correct and complete.Declaration of prepare r other than the persona(representative Is based on all information of which preparer has any knowledge. SIGNATURE F PERSON SPONSIBLE FOR FILING RETURN DA E f }E�t William D.Clegg t7Zz ti 345 Foxleigh Drive, Hanover, PA 17331 SI ATURE OF PREPARER OTHER THAN REPRES-NTATIVE DATE T j� !antes T.Yingst Esquire 17 //z/ RESS 40 York Street, Hanover, PA Side 1 1505610143 1565610143 J 1505610243 REV-1500 EX oeceaen•sN�: Clegg, Lori A. Decedent's Social Security Number RECAPITULATION 1. Real Estate(Schedule A)................................ 2. Stocks and Bonds(Schedule B)............................................................................. 2. 3. Closely Held Corporation,Partnership or Sole-Proprietorship(Schedule C)......... 3. 4. Mortgages&Notes Receivable(Schedule D)........................................................ 4. 5. Cash,Bank Deposits&Miscellaneous Personal Property(Schedule E)............... 5. 32, 718 . 34 6. Jointly Owned Property(Schedule F) ❑ Separate Billing Requested............ 6. 7. Inter-Vivos Transfers&Miscellaneous I�nq Probate Property (Schedule G) u Separate Billing Requested............ 7. 8. Total Gross Assets(total Lines 1 through 7)............................... 8. 32 , 718 . 34 9. Funeral Expenses and Administrative Costs(Schedule H)..................................... s. 30 . 00 10. Debts of Decedent,Mortgage Liabilities and Liens(Schedule 1)............................ 10. 11. Total Deductions(total Lines 9 and 10)................................................................ 11. 30 . 00 12. Net Value of Estate(Line 8 minus Line 11)....................................................................................... 12. 32, 688 . 34 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. 32 , 688 . 34 TAX COMPUTATION-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.00 15. 0 . 00 16. Amount of Line 14 taxable atlinealrateX .045 32, 688 . 34 16. 1, 470 . 98 17. Amount of Line 14 taxable at sibling rate X.12 0 . 00 17. 0 . 00 18. Amount of Line 14 taxable at collateral rate X.15 0 . 00 18. 0 . 00 19. TAX DUE................................................................................................................ 19. 1 , 470 . 98 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. ❑ !_ Side 2 1505610243 1505610243 I REV-1500 EX Page 3 File Number 21-12-0440 Decedent's Complete Address: DECEDENTS NAME Clegg,Lori A. STREETADDRESS 315 B Rosemont Avenue CITY STATE ZIP New Cumberland PA 17070 Tax Payments and Credits: 1. Tax Due(Page 2,Line 19) (1) 1,470.98 2. Credits/Payments ' A. Prior Payments B. Discount Total Credits(A +B) (2) 3. Interest (3) 4. If Line 2 is greater than Line 1 +Line 3,enter the difference. This is the OVERPAYMENT. (4) Check box on Page 2,Line 20 to request a refund 5. If Line 1 +Line 3 is greater than Line 2,enter the difference. This is the TAX DUE. (5) 1,470.98 Imo -_ _ Make Check Payable to: REGISTER OF WILLS, AGENT. PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X"IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No a. retain the use or income of the property transferred;............................. .................___..................... x b. retain the right to designate who shall use the property transferred or Its income;................................. z c. retain a reversionary interest;or.................................................._._............._......................................... x d. receive the promise for life of either payments,benefits or rare?........ ........................................._ H X 2. If death occurred after Dec. 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration?.................................................................................................................... ❑ Fil 3. Did decedent own an`in trust far' 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 Jury 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 January 1,1995,the tax rate imposed on the net value of transfers to or for the use of The surviving spouse is 0 percent 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 172 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)(i)), . 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 fa)(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. Re,1508 EX+(11-10) SCHEDULE E pennsylvania CASH, BANK DEPOSITS, & MISC. DEPARTMENT OF REVENUE INHERITANCE TAX RE TURN PERSONAL PROPERTY REWENT DECEDENT ESTATE OF FILE NUMBER Clegg, Lori A. 21-12-0440 InClude the proceeds of litigation nod the daze the proceeds were rects"d by 1M muste. An property jolnfly4 med with the right of survlvonship must be disclosed on seneoulo F., ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1 Estate of Lori Ann Clegg v. Ronald and Josephine Ressler et al.-survival claim benefit 32,018.34 check dated June 27,2014 2 2009 Honda Accord-recovery sale price 700.00 TOTAL(Also enter on Line 5,Recapitulation) 32,718.34 (If more space is needed,additional pages of the same size) Copyright(c)2010 form software only The Lackner Group,Inc. Form PA-1500 Schedule E(Rev. 11-10) REV-0SH Fx.Ita-09) pennsyivania SCHEDULE H DEPARTMENT OF REVENUE FUNERAL EXPENSES AND MHERMANCE TAX RESIDENT DECEDENT ADMINISTRATIVE COSTS ESTATE OF FILE NUMBER Clegg, Lori A. 21-12-0440 Decedent's debts must be reported on Schedule I. ITEM NUMBF DESCRIPTION AMOUNT A. FUNERAL EXPENSES: B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Name of Personal Representative(s) Street Address City State Zip Year(s)Commission Paid 2. Attorneys Fees ' 3. Family Exemption: (If decedent's address Is not the some as claimant's,attach explanation) Claimant Street Address City State Zio RetationshiD of Claimant to Decedent 4. Probate Fees 30.00 5. Accountant's Fees S. Tax Return Preparer's Fees 7. Other Administrative Costs TOTAL(Also enter on line 8,Recapitulation) 30.00 Copyright(c)2009 form software only The Lackner Group,Inc. Form PA•1500 Schedule H(Rev. 10-09) REV-1513 E%•(01-10) pennsylvania SCHEDULE J DEPARTMENT OF REVENUE INHERRANCE TAX RETURN BENEFICIARIES RESIDENT DECEDENT ESTATE OF FILE NUMBER Clegg, Lori A. 21-12-0440 NUMBER NAME AND ADDRESS OF RELATIONSHIP TO SHARE OF ESTATE AMOUNT OF ESTATE PERSON(S1 RECEIVING PROPERTY DECEDENT (Words) ($$$) Do Not List Tmstegial I• TAXABLE DISTRIBUTIONS (include outright spousal distributions,and transfers under Sec.9116(a)(1.2)] 1 Sharon L.Clegg Mother One-half residue 345 Foxleigh Drive Hanover, PA 17331 2 William D.Clegg Father One-half residue 345 Foxleigh Drive Hanover, PA 17331 Total Enter dollar amounts for distributions shown above on lines 15 throw h 18 on Rev 1500 cover sheet as a ro riate. NON-TAXABLE DISTRIBUTIONS: II. A.SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN B.CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS l TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET Copyright(c)2010 form software only The Lackner Group,Inc. Form PA-1500 Schedule J(Rev.01-10) JUi/15/2014/TUE 01 :51 PM ' Martz & Gailey, LLP PAX N0. 717 852 8268 P. 002 I t WILLIAM D. CLEGG Administrator of the : IN THE ORPRANS- COURT OF Estate of LORI A. CLEGG : CUMBERLAND COUNTY, : PENNSYLVANIA NO, 21-12-0440 ORDER � AND NOW,this the Petition, it is hereby Ordere eland De reed as follows:upon presentation and consideration of Petitioner may execute the Release in favor Of Progressive Insurance Company and disburse proceeds as sat forth below: A. Wrongful Death Action- $ 50,000 (50 %) $ 32,018.34 William and Sharon Clegg 00 4 $ 1,315.00 Martz& Gailey(50% costs) UJJ j I , $ 16,666.66 Martz&Gailey(50%fee) CSR B. Survival Action- $ 50,000 (50%) a l i� a is 00 $ 32,018.34 Willi v r am Clegg, Administrator UI' ' $ 1,315.00 ~r ' Martz&Oailey(50% costs) a c � n ` I $ 16,666.66 Martz& Gailey(50% fee) o u� to C I � _ z L C � C3 CC u) Qe 4 BY' w 1- J d I O N a U d W ww o { J' Thomas A. Placey t ti U Common Pleas Judge WILLIAM CLEGG, ADMINISTRATOR OF THE ESTATE OF LORI CLEGG v. RONALD AND JOSEPHINE RESSLER, et al. CLOSING STATEMENT Amount of Settlement $100,000.00 DISBURSEMENTS: Attorney's fee: 1/3 of$100,000.00 $ 33,333.32 COSTS: Patriot-St. Denis Towing $ 1,600.00 Clerk of the Orphans' Court 30.00 ARCCA 1,000.00 TOTAL COSTS $ 2,630.00 TOTAL DISBURSEMENTS $ 35,963.32 CHECKS PAYABLE: William and Sharon Clegg $V20 34 William Clegg, Administrator of the Estate of Lori Clegg 34 Martz& Gailey, LLP (costs) 00 Guthrie Nonemaker Yingst & Hart 16,666.66 Martz& Gailey, LLP (fee) 16,666.66 $100,000.00 By: Herman'A. Gailey, III, Esquire The above-captioned matter has been settled to my complete satisfaction and all disbursements made with complete approval. I agree that a minimum of ten (101 business days will be allowed for clearan e of the settlement draft. Approval this a7 441 day of , 2014. 41A WILLIAM CLEGG a S ARON CLEGG