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HomeMy WebLinkAbout08-14-14 (2) J REV-1500 EX(02-11) '*ij 1505610143 L?7 OFFICIAL USE ONLY PA Department of Revenue pennsylvania County Code Year File Number Bureau of Individual Taxes DEPARTNEW OF REVENUE PO BOx.280601 INHERITANCE TAX RETURN 21 14 0153 Harrisburg,PA 17128-0601 RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW 02 14 2014 04 19 1925 Decedent's Last Name Suffix Decedent's First Name MI SOTO MARCELLO H (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 [X] 1. Original Return El 2. Supplemental Return 3, Remainder Return(Date of Death Prior to 12A3.82) F7 D 4. Limited Estate 4a.Future interest Compromise � S. Federal Estate Tax Return Required (dale of death after 1212-62) L-1 6 Decadent Died testate Decedent Mainjained a Living Trust S. Total Number of Safe Deposit Boxes 1 {Attach Copy of Will (Attach Copy Trust) 9. Lftigation Proceeds Received 18.Spcvsai pova Credit mate a Death 11.Election to tax under Sec.9113A) netvreen 1zs1rt- 1 and v1-ss) (Attach Schedule O) t ) CORRESPONDENT-THIS SECTION MUST BE COMPLETED.ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number RICHARD W STEWART (717) 761 4540 REGISTER QFjWILLS USE6iILY First Line of Address v C ,.,Cj 301 MARKET ST c� F'•i1r Second Lino of Address PO BOX 109 O } ' City or Post Office D- FILED :7' State ZIP Code LEMOYNE PA 170430109 'x n Correspondent's e-mail address: RWS(DJDSW.COM Under penalties of perjury,I declare that I have examined this return,including accompanying schedules and Statements,and to the best of my knowledge and belief, it is true,correct and complete.Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge. SIONA RE OF P SON RESFON BLE FOR LING RE 1RN DATE �� ice, Angela MSoto-Hamlin ADORES ' �- 93 Haldeman Avenue New Cumberland PA 17070 SIGNATURE OF PREEPARR ER OTHER THAN REPRESENTATIVE DATE �/ _ —�g*�C 4& �l�t-- RICHARD W. STEWART g 11g—t mat ADDRESS "I + 301 Market St., Lemoyne, PA Side 1 1505610143 1505610143 { 1505610243 REV-1500 EX RECAPITULATION 1. Real Estate(Schedule A)....................................................................................... 1. 2. Stocks and Bonds(Schedule B)............................................................................. 2. 74 , 514 . 41 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. 89, 768 . 79 6. Jointly Owned Property(Schedule F) ❑ Separate Billing Requested............ 6. 7. Inter-Vivos Transfers&Miscellaneous N{oq Probate Property (Schedule G) u Separate Billing Requested............ 7, 889, 668 . 50 8. Total Gross Assets(total Lines 1 through 7)........................................................ 8. 1 , 053 , 951 . 70 9. Funeral Expenses and Administrative Costs(Schedule H).................................... 9. 14 , 394 . 48 10. Debts of Decedent,Mortgage Liabilities and Liens(Schedule 1)............................ 10. 4 , 813 . 19 11. Total Deductions(total Lines 9 and 10),............................................................... 11. 19,207 67 12. Net Value of Estate(Line 8 minus Line 11)... .. - - - - . . . 12. 1 , 034 , 744 . 03 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made(Schedule J)............................................... 13. 2 , 000 . 00 14. Net Value Subject to Tax(Line 12 minus Line 13)............................................... 14. 1 , 032 , 744 . 03 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 0 . 50 15. 0 . 00 16. Amount of Line 14 taxable 1 , 032 , 743 . 53 16. 46 at lineal rate .045 , 473 . 46 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. 46, 473 . 46 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. El Side 2 L 1505610243 1505610243 J REV-1500 EX Page 3 File Number 21-14-0153 Decedent's Complete Address: DECEDENT'S NAME Soto, Marcello H STREETADDRESS 704 Indiana Avenue CITY STATE ZIP Lemoyne PA 17043 Tax Payments and Credits: 1. Tax Due(Page 2, Line 19) (1) 46,473.46 2. Credits/Payments A. Prior Payments 40,000.00 B. Discount 2,105.26 Total Credits(A +B) (2) 42,105.26 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) 4,36$,20 Make Check Pa able 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;.................................. ❑ c. retain a reversionary interest;or............................................................................................................... ❑ ❑ d. receive the promise for life of either payments,benefits or care?............................................................ ❑ ❑x 2. If death occurred after Dec. 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration?.................................................................................................................... ❑ ❑x 3. Did decedent own an"in trust for" or payable upon death bank account or security at his or her death?....... ❑ ❑x 4. Did decedent own an individual retirement account,annuity,or other non-probate property which El contains a beneficiary designation?.................................................................................................................. x IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES,YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. c For dates of death on or after July 1, 1994 and before Jan.1,1995,the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3 percent[72 P.S.§9116(a)(1.1)(i)]. For dates of death on or after January 1,1995,the tax rate imposed on the net value of transfers to or forthe 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 fling a tax return are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1,2000: • The tax rate imposed on the net value of transfers from a deceased child 21 years of age or younger at death to or for the use of a natural parent,an adoptive parent,or a stepparent of the child is 0 percent[72 P.S.§9116(a)(1.2)]. • The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4.5 percent,except as noted in[72 P.S.§9116(a)(1)]. • The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 12 percent[72 P.S.§9116(a)(1.3)]. 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. Revd 603 EX.(6.98) SCHEDULE B STOCKS & BONDS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Soto, Marcello H 21-14-0153 All property jointly-owned with right of survivorship must bedisclosed on Schedule F. ITEM CUSIP VALUE AT DATE NUMBER NUMBER DESCRIPTION UNIT VALUE OF DEATH PNC Investments Account No.004-723746 Date of Death Valuation from PNC Investments is Attached 1 85.909 shares of Artisan Mid Cap Value 26.55 2,280.88 2 882.331 shares of Eaton Vance Large-Cap Value CI A 23.99 21,167.12 3 1,106.92 shares of Federated Muni Obligations FD SS 1.00 1,106.92 4 190.846 shares of Fidelity Advisor FL Rate High Inc CL T 9.98 1,904.64 5 530.862 shares of Fidelity Advisor Muni Income CL T 13.06 6,933.06 6 80.987 shares of JP Morgan Emerging Mkts Equity Select 21.39 1,732.31 7 187.185 shares of Mainstay Epoch Global Equity Yld 1 19.53 3,655.72 8 205.699 shares of Mainstay ICap Intl FD Cl A 35.72 7,347.57 9 1,953.789 shares of Mainstay Large Cap Growth Fund Class 10.19 19,909.11 A 10 61.652 shares of PIMCO Unconstrained BD Instl Class 11.19 689.89 11 75.399 shares of Royce 100 Service Class 9.83 741.17 12 57.057 shares of Royce Opportunity FD Svcs CL 14.84 846.73 13 12.458 shares of T Rowe Price Intl Discovery Fund 56.38 702.38 14 31.591 shares of T Rowe Price Mid Cap Growth 75.08 2,371.85 Total of Continuation Schedule See attached page TOTAL(Also enter on Line 2, Recapitulation) 74,514.41 (If more space is needed,additional pages of the same size) Copyright(c)2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule B(Rev.6-98) Revd 603 EX.(6-96) SCHEDULE B STOCKS & BONDS continued COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Soto, Marcello H 21-14-0153 ITEM CUSIP VALUE AT DATE NUMBER NUMBER DESCRIPTION UNIT VALUE OF DEATH 15 88.026 shares of T Rowe Price Real Estate Fund 22.76 2,003.47 16 103.851 shares of Wells Fargo Advt Intl Bond Fund Adm Cl 10.80 1,121.59 TOTAL(Also enter on Line 2, Recapitulation) 74,514.41 Copyright(c)2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule B(Rev.6-98) Rev-1508 EX-(11.10) SCHEDULE E pennsylvania CASH, BANK DEPOSITS, & MISC. DEPARTMENT OF REVENUE INHERITANCE TAX RETURN PERSONAL PROPERTY RESIDENT DECEDENT ESTATE OF FILE NUMBER Soto, Marcello H 21-14-0153 Include the proceeds of litigation and the date the proceeds were received by the estate. All property jointly-owned with the right ofsurvivorship must be disclosedon schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1 1996 Buick Park Avenue-Automobile-Contracted Sales Price 1,200.00 2 Personal Property/Power Tools 300.00 3 Mac Life-Refund on Account 32.87 4 Reimbursement/Refunds 210.26 5 Woodworking Journal -Refund on Account 8.32 6 New York Life Annuity Contract No. 52155647-Date of Death letter from New York Life/PNC 88,017.34 Insurance Services is Attached. Beneficiaries: Estate of Marcello Soto TOTAL(Also enter on Line 5. Recapitulation) 89,768.79 (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) Rey-1510 EX+(08.09) SCHEDULE G pennsylvania INTER-VIVOS TRANSFERS AND DEPARTMENT OF REVENUE INHERITANCE TAX RETURN MISC. NON-PROBATE PROPERTY RESIDENT DECEDENT ESTATE OF FILE NUMBER Soto, Marcello H 21-14-0153 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 DATE OF DEATH %OFDFCD'S EXCLUSION TAXABLE NUMBER THINCLUDE ATE OF TRANSFER THEIR COPY OF RELATIONSHIP DEED FOR TATE. VALUE OF ASSET INTEREST (IF APPLICABLE) VALUE 1 ING Annuity Contract No. 1030882-OW-Date of Death 889,668.50 889,668.50 Value from ING is Attached. Beneficiaries: Angela M.Soto-Hamlin -Daughter, Mark H.Soto-Son,Celeste M. Menseck-Daughter, Matthew S. Soto-Son, Gregory T. Soto-Son,Andrew K. Soto-Son, Onalee A. Finio-Daughter TOTAL(Also enter on Line 7, Recapitulation) 889,668.50 (If more space is needed,additional pages of the same size) Copyright(c)2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule G(Rev. 08-09) REV-1511 EX.(10-09) pennsylvania SCHEDULE H DEPARTMENT OF REVENUE FUNERAL EXPENSES AND INHERITANCE TAX RESIDENT DEC ENTTURN ADMINISTRATIVE COSTS ESTATE OF FILE NUMBER Soto, Marcello H 21-14-0153 Decedent's debts must be reported on Schedule I. ITEM DESCRIPTION AMOUNT NUMBER A. FUNERAL EXPENSES: See continuation schedule(s)attached 2,659.16 B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Name of Personal Representative(s) Street Address City State ZiD Year(s)Commission Paid 2. Attorney's Fees Johnson Duffie 6,150.00 3, Family Exemption: (If decedent's address is not the same as claimant's,attach explanation) 3,500.00 Claimant Antonia M. Soto Street Address 704 Indiana Avenue city Lemoyne State PA ZiD 17043 Relationship of Claimant to Decedent Spouse 4. Probate Fees 153.50 5. Accountant's Fees 6. Tax Return Preparer's Fees 340.00 7. Other Administrative Costs 1,591.82 See continuation schedule(s) attached TOTAL(Also enter on line 9, Recapitulation) 14,394.48 Copyright(c)2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule H(Rev. 10-09) SCHEDULE H FUNERAL EXPENSES AND ADMINISTRATIVE COSTS continued ESTATE OF FILE NUMBER Soto, Marcello H 21-14-0153 ITEM NUMBER DESCRIPTION AMOUNT Funeral Ex eo nses 1 Funeral Reception 1,459.16 2 Parthemore Funeral Home 1,200.00 H-A 2,659.16 Other Administrative Costs 3 Cumberland County Register of Wills-Filing Fees 20.00 4 Holy Spirit Hospital -- Final balance due 200.00 5 Physician Services 800.00 6 Reserves: Additional Miscellaneous Costs and Expenses 300.00 7 The Cumberland Law Journal -Notice of Estate Administration 75.00 8 The Patriot News Co. -Notice of Estate Administration 196.82 H-67 1,591.82 Copyright(c)2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H(Rev.6-98) Rev-1512 EX+(12-08) SCHEDULE 1 pennsylvania DEBTS OF DECEDENT, DEPARTMENT OF REVENUE INHERITANCE TAX RETURN MORTGAGE LIABILITIES AND LIENS RESIDENT DECEDENT ESTATE OF FILE NUMBER Soto, Marcello H 21-14-0153 Report debts incurred by the decedent prior to death that remained unpaid at the date of death,Including unrelmbursed medical expenses. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1 2013 Individual Income Taxes 3,521.27 2 AT&T 173.96 3 Comcast 196.10 4 Dr.Victor Cohen - Podiatrist payment 10.00 5 Pennsylvania Power&Light 443.43 6 Podiatrist 25.00 7 PP&L 443.43 TOTAL(Also enter on Line 10, Recapitulation) 4,813.19 (If more space is needed,additional pages of the same size) Copyright(c)2008 form software only The Lackner Group, Inc. Form PA-1500 Schedule I(Rev. 12-08) REV-1513 EX.(0110) pennsylvania SCHEDULE J DEPARTMENT OF REVENUE INHERITANCE TAX RETURN BENEFICIARIES RESIDENT DECEDENT ESTATE OF FILE NUMBER Soto, Marcello H 21-14-0153 NAME AND ADDRESS OF RELATIONSHIP TO SHARE OF ESTATE AMOUNT OF ESTATE NUMBER PERSON(S)RECEIVING PROPERTY DECEDENT (Words) ($$$) I TAXABLE DISTRIBUTIONS [include outright spousal distributions,and transfers under Sec. 9116(a)(1.2)] 1 Onalee A Finio Daughter 1/7th of Residue 146 South Rolling Road Springfield, PA 19064 2 Celeste M Menseck Daughter 1/7th of Residue 358 East Biddle Street West Chester, PA 19380 3 Angela M Soto-Hamlin Daughter 1/7th of Residue 93 Haldeman Avenue New Cumberland, PA 17070 4 Andrew K Soto Son 1/7th of Residue 7317 Jenne Road Springfield,VA 22153 6 Gregory T Soto Son 1/7th of Residue 9718 Sidon Court Stockton, CA 95209-5104 See continuation schedule attached Continuation Total Enter dollar amounts for distributions shown above on lines 15 through 18 on Rev 1500 cover sheet,as appropriate. NON-TAXABLE DISTRIBUTIONS: II. A.SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN B.CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS 1 St. Theresa Church 1,000.00 2 Tri-County Association for the Blind 1,000.00 TOTAL OF PART II-ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEETI 2,000.00 Copyright(c)2010 form software only The Lackner Group, Inc. Form PA-1500 Schedule J (Rev.01-10) SCHEDULE J BENEFICIARIES (Part I, Taxable Distributions) ESTATE OF: Marcello H Soto 02/14/2014 527-20-2138 Item Name and Address of Persons) Share of Estate Amount of Estate Number Receiving Property Relationship (Words) ($$$) 6 Mark H Soto Son 1/7th of Residue 815 North Zimmer Road Warsaw, IN 46580 7 Matthew H Soto Son 17th of Residue 606 Crestgate Place Millersville, PA 17551 1 ESTATE OFMAR CELL 0 K SO TO SCHEDULE OF EXHIBITS EXHIBITA Last Will and Testament for Marcello H. Soto signed and dated September 26, 2007 EXHIBIT B Receipt of Inheritance Tax Prepayment postmark dated May 14, 2014 EXHIBIT C PNC Investments — Date of Death Valuation for Individual Investment Account No. 004-723746' EXHIBIT D New York Life/PNC Insurance — Date of Death Value of Annuity Policy No. 52155647. Beneficiary: Estate of Marcello Soto EXHIBIT E ING Annuity Contract No. 1030882-OW. Date of Death Valuation Beneficiary: Decedent's Children :645401 .M1 LAST WILL AND TESTAMENT OF MARCELLO H. SOTO I, MARCELLO H. SOTO, of Lemoyne, Cumberland County, Pennsylvania, make, publish and declare this as and for my Last Will and Testament, hereby revoking all other Wills and Codicils heretofore made by me. FIRST: I bequeath such of my tangible personal prop- erty as is set forth in a separate dated and signed Memorandum, which dated and signed Memorandum shall be placed with or at- tached to this, my Last will and Testament, to the individuals designated therein. It is my intent that the last dated and signed Memorandum shall control. If there is no Memorandum, it is my intent that all of my tangible personal property shall be and become a part of my residuary estate. SECOND: I devise and bequeath my real property being known and numbered as 704 Indiana Avenue, Lemoyne, Pennsylvania, along with the contents thereof, to my wife, ANTONIA M. SOTO . Should ANTONIA M. SOTO predecease me, I direct that this devise be and become a part of my residuary estate to be distributed as set forth hereinbelow. THIRD: I give and bequeath the balance of my invest- ment in the Citigroup Global Market Account, Account No. 724- 70657 , and my PNC Investment Account, Account No . 4881-7324 (Capital Directions) and Annuity No. 745-93378 (New York Life) , as follows : (A) One Thousand Dollars ($1, 000 . 00) to ST. THERESA CHURCH, of 1300 Bridge Street, New Cumberland, Pennsylvania 17070, to be used for general purposes as the governing body of said church deems appropriate. EXHIBIT A (B) One Thousand Dollars ($1, 000 . 00) to the TRI-COUNTY ASSOCIATION FOR THE BLIND, of 1800 N. 2nd Street, Harrisburg, Pennsylvania 17101, to be used for general purposes as the governing body of said organization deems appropriate . (C) The balance of funds in the above-mentioned accounts shall be and become a part of my residuary estate to be disposed of as set forth hereinbeloweath all the rest, residue FOURTH: I devise and bequ and remainder of my estate of whatever nature and wherever situate, including any property over which I hold power of appointment and together with any insurance policies thereon, in equal shares, to my children, MARK H. SOTO, ANGELA M. SOTO- HAMLIN, CELESTE M. MENSECK, MATTHEW S . SOTO, GREGORY T. SOTO, ANDREW K. SOTO and ONALEE A. FINIO . Should any of my children predecease me, I give and bequeath such deceased child' s share unto his or her spouse, if any, and, further, should there be a failure of same, I give and bequeath such deceased child' s share unto his or her issue per stirpes by representation. Should any of my children predecease me without being survived by a spouse sed child' s share to my or issue, I give and bequeath such decea surviving children, in equal shares, as provided herein. FIFTH: Should any of my grandchildren not have at- tained the age of eighteen (18) years at the time for distribu- tion to him or her, I give, devise and bequeath the share of each such grandchild to my hereinafter named Trustee or Trustees, IN SEPARATE TRUSTS, to hold, manage, invest and reinvest the shares so received, and to use and apply from time to time such portion of income and principal for the said grandchild' s education (including college, trade school or other similar training or education) , support and welfare as my Trustee or Trustees, in their sole discretion, deem advisable. My Trustee or Trustees and maintenance of my may make the payments for the support grandchildren directly to said grandchildren or to their Guardian or Guardians . Any payments made by my Trustee or Trustees pursuant hereto shall be made without further responsibility to the said grandchildren, their Guardian or Guardians, or to any person taking care of my grandchildren. The Trustee or Trustees, in exercising their discretionary authority with respect to the payment of income or principal of the within Trust to my grand- children, shall take into consideration any income or other resources available to my grandchildren from sources outside this Trust. In addition, my hereinafter named Trustee or Trustees shall have the right, in their sole discretion, to purchase and pay for out of the principal, as well as income, such insurance policies as will provide for the grandchild' s medical care . Any income or principal not so applied shall be dis- tributed to each grandchild when he or she attains the age of eighteen (18) years . In the event any of my grandchildren die prior to the termination of this Trust established herein for their benefit, the interest of said grandchild in said Trust shall cease with any income and principal being divided evenly between or among that deceased grandchild' s brothers or sisters or the separate Trusts established hereunder for their benefit and, in the absence of any brothers or sisters, or any Trust established hereunder for their benefit, to my other grandchil- dren, or the Trusts established hereunder for their benefit, in equal shares . SIXTH: In addition to all powers granted to them by law and by other provisions of this Will, I give the fiduciaries acting hereunder the following powers, applicable to all proper- ty, exercisable without court approval and effective until actual distribution of all property: (A) To sell at public or private sale, or to lease, for any period of time, any real or personal property and to give A�� 3 options for sales, exchanges or leases, for such prices and upon such terms (including credit, with or without security) or conditions as are deemed proper. This includes the power t give legally sufficient instruments for transfer of the property a to receive the proceeds of any disposition of it . (B) To partition, subdivide, or improve real estate and to enter into agreements concerning the partition, subdivi- sion, improvement, zoning or management of real estate and to impose or extinguish restrictions on real estate. (C) To compromise any claim or controversy and to abandon any property which is of little or no value. (D) To invest in all forms of property, including stocks, common trust funds and mortgage investment funds, without restriction to investments authorized for Pennsylvania fiduci- aries, as are deemed proper, without regard to any principle of diversification, risk or productivity. ranted (E) To exercise any option, right or privilege g in insurance policies or in other investments . given by the (F) To exercise any election or privilege g Federal and other tax laws, including, but not necessarily being limited to, personal income, gift and estate or inheritance tax laws . (G) To make distributions to my herein named benefici- aries in cash or in kind or partly in each. (H) To borrow money from themselves or others in order to pay debts, taxes, or estate or trust administration expenses, to protect or improve any property held under my will, and for investment purposes . qualified (I) To select a mode of payment under any retirement plan (pension plan, profit sharing plan, employee stock ownership plan, or any other type of qualified plan) to the extent the plan or the law permits them to do so, and to exercise any other rights which they may have under the plan, in whatever manner they consider advisable. SEVENTH: I nominate and appoint ANGELA M. SOTO-HAMLIN and ANDREW K. SOTO, or the survivor as between them, as Co- Trustees of the hereinabove described Trusts. I direct that my Trustee or Trustees shall serve without bond and shall receive fair and reasonable compensation. EIGHTH: I direct that all inheritance, estate, transfer, succession and death taxes, of any kind whatsoever, which may be payable by reason of my death, whether or not with respect to property passing under this Will, shall be paid out of the principal of my residuary estate. NINTH: All interests hereunder, whether principal or income, which are undistributed and in the possession of the fiduciaries acting hereunder, even though vested or distribut- able, shall not be subject to attachment, execution or sequestra- tion for any debt, contract, obligation or liability of any beneficiary, and furthermore, shall not be subject to pledge, assignment, conveyance or anticipation. TENTH: I nominate and appoint my daughter, ANGELA M. SOTO-HAMLIN, Executrix of this, my Last Will and Testament. In the event . of the death, resignation or inability to serve for any reason whatsoever of the said ANGELA M. SOTO-HAMLIN, I nominate and appoint my son, ANDREW K. SOTO, Executor of this, my Last Will and Testament. I direct that my Executrix or Executor, as the case may be, and their successors, shall not be required to post security or a bond for the performance of their duties in any jurisdiction. 5 s IN WITNESS WHEREOF, I have hereunto set my hand and seal to this, my Last Will and Testament, this 2 6 rr��day of 2007 . (SEAL) RCELLO H40TO Signed, sealed, published and declared by the above- named Testator as and for his Last Will and Testament in our presence, who, at his request, in his presence and in the presence of each other, have hereunto subscribed our names as attesting witnesses . Address Address �� 6 MEMORANDUM In accordance with the provisions of Clause FIRST of my 1 / Last Will and Testament, dated � c,r Z, 2007, I direct that the following described personal property be given outright to those individuals so designated: 1 . Any truck owned by me at the time of my death, my Shopsmith Mark V Vaccuum system, my power sander, and all other Shopsmith accessories, my twenty-one (2111 ) inch hand plane and my slow speed grinder and motor to my son, GREGORY T. SOTO. 2 . My roto zip, my seven (7") inch Craftsman skill saw, my Craftsman Router, my eight ($" ) inch drill press, and my Craftsman electric drill to my son, MARK H. SOTO. 3 . My Bosch jig saw and blades, my Porter Cable 330 palm sander, my Great Tools 14.4V cordless drill and my large hand saw to my daughter, ANGELA M. SOTO-HAMLIN. 4 . My scroll saw and blades, my Porter Cable 340 palm sander, my Craftsman 15 .6 cordless drill and Japanese hand saw to my daughter, CELESTE M. MENSECK. 5 . My ten (1011 ) inch Delta miter saw, my Ryobi table saw, my Ryobi router, five (5) volumes of Easy Home Repairs books and my Architectural Graphic Standards volumes to my son, MATTHEW S. SOTO. 6. My Craftsman three (311 ) inch x twenty-one (2111 ) inch belt sander, my Porter Cable 12V cordless drill, my Craftsman ��(!L 7 socket wrenches and my Bosch rotary sander 3283 to my son, ANDREW K. SOTO. 7 . My small Hilti high speed drill (TDR 3000) , my large saber Craftsman saw, my Craftsman jointer and my paint spray system to my daughter, ONALEE A. FINIO . 8 . All of my remaining shop tools and assets shall be divided between my children on the basis of need of a particular tool or asset. I direct that my son, MATTHEW S . SOTO, shall coordinate the distribution of shop tools and assets between my children. (SEAL) Date: MARCELLO H. SOTO 8 COMMONWEALTH OF PENNSYLVANIA REV-1162 EX01-961 .DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES DEPT.280601 - HARRISBURG,PA 17128-0601 PENNSYLVANIA RECEIVED FROM: INHERITANCE AND ESTATE TAX OFFICIAL RECEIPT NO. CD 019162 SOTO-HAMLIN ANGELA M 93 HALDEMAN AVNEUE NEW CUMBERLAND, PA 17070 ACN ASSESSMENT AMOUNT CONTROL NUMBER ________ told 101 $40,000.00 ESTATE INFORMATION: SSN: 527-20-2138 FILE NUMBER: 2114-0153 DECEDENT NAME: SOTO MARCELLO H DATE OF PAYMENT: 05/15/2014 POSTMARK DATE: 05/14/2014 COUNTY: CUMBERLAND DATE OF DEATH: 02/14/2014 TOTAL AMOUNT PAID: $40,000.00 REMARKS: CHECK# 13 INITIALS: CJ SEAL RECEIVED BY: LISA M. GRAYSON, ESQ. REGISTER OF WILLS TAXPAYER EXHIBIT B =■ WA r. 21. 2014n .6: 3SAM PNC Bank 14 9: 32 : 02 AM PAGE 1/001 Fax. 9887verP. 2 f ����1 ;( f R"inuee of<Sa AiLB tel: jT bc>'Mica3w�rd icm•y rs��xx.«n vco>exo• 3pOD-:6 x'] a vxwvr uvmu+ax.,.�m�wuw�u�xn„,..��.w�x��vv.�w<axvrw.w�.�wwuwm��wrw�.w�,»��w�x+�xvaveevw�u*...gw�w+�m�vww.wa,..w�.w��ury April 18,2014 PNC Insurance Services LLC Attn:Donna Fax: 717-691-4051 Policy: 52255647 Decedent: MarcelloHSoto We have received your request regarding the above policy, Per your request,please review the following: • Date of Death value as of February 14, 2014 is$88,017.34. If you should have any questions or need assistance,please feel free to contactthe New York Life Annuity Service Center and speak with one of our customer service representatives Monday through Fridayfrom 8:30 a.m.to 5:30 p.m.Eastern Standard Time at 800-762-6212_ On Behalf of New York Life, Monica Kaharl Representative New York Life Annuity Service Center New York Life Annuity Ser ica Center• P.O.Box 9859.Providence,RI 02940. 1-800.762-6212 Annuities are issued by New Yodt Life Ireurance and Annuity Corporation(NYLIAC)(A Delavare Corporation) Vadable annuities are distributed by:NYDFE Distributors LLC,Member FINRA/SIPC NYLIAC and NYUFE Distributors LLC are wholly owned - 51 Madison Ave,Now,York I EXHIBIT D I I G W) brae 1 Mre oredy Web Profile I Help I Conr`act Us log Out Nelcct Account toisnag_ Pen6rg Lgen VutihdrawaNF(.7pu {account Account frees —__ ---- Values Inv>stmen(s Tran=wcGCns Information in;e maCOn Nistou lniotmation tinent Pity Forms J -infonnn0on Documents 4ccDUnt Values J0W862(lW ING GoldenSelect Premium Plus Account Summa 1Y By Investment- - - - -- - a backtO MY ING Accounts printer friendly version L. pdn!er Giandty wrston(conselitl3fed) NOTE:The current cash surrender value may differ from the accumulatienvalue shown Wow due to Whirled charges and market value adjustment Please referto your ctrtmct Owner Name: Marcello H Soto Caring Trust Annuitant Name: ' Marcello H Soto ,fi,�ttF�fs� As of. �08A92D13 - .LJ!%5: 32 Contract Issue Date: 06107/1999 _ Initial Premium Amount: $210,16D.30 Additional Premium Payments: $413,916.31 Total Premium Credits. $24,963.05 - NetVfthdrawals: $000 Net Investment Results 1: $240,628.84 Accumulation Value: $689,668.50 Surrender Charges: $000 Madcet Value Adjustment(MVA): $0.00 Cash Surrender Value: $889,668.50 - Penalty Free Withdrawal Amount: $88,966.85 Benefits S OUter Information Death Benefit Option: 7%Solution Death Benefit Guaranteed Minimum Death Benefit: $1,298,079.32 Death Benefit Value 2: $11,298,07B.32 t The amount by w1och your Addumulation Value has changed is due to irvaaftnat results durug the shod,hcludirg any market value adjustment t charges,as outlined in your co met and prospeMe J (applicable),end adjusted b/certain charges,Including any surrender 2The Death Benefit is the aMcurt of the Death Ben"@ under your Wrtmot plus your Eamihys Multiplier Deal Benefit ff applicable,as of the Gue shown. Annlnties are issued andrm administered try ING USA Annuity anti Life Insurance CommOY(Des Moines,IA)and distnbumd by Directed Services LLC Both Wmp dm are members Of the ING fumy ofoompanies ING SecvrlC)I IW's Privacy Polry I DsmsSConditions -`-- - - O]0[61NG NaM Airerca tmuance COrporatlon.AA rigyxs reserved. ExH/B/T E 0 � m !Wt G) �oa m co A � i n = o o C o ° n c r i o m ° r W p < O 1�'ilo n > 0 tzy M C m ti 0 ° C m m L w Y b V oil r71-V -. C n V .r A N �n C7 e■ A 0 o � �V O w 00 N 10 JERRY R.DUFFIE LAW O F F I C E S RICHARD W.STEWART BARRIE B.GEHRLEIN EDMUND G.JOIN A.TATLERES IOJOHNSON CARNOLYN O B.n7 CL1 N MARK B.UFFIr DUFFIE JOHN A.Lucy MARK C.DUEI'IE MATTHEW RIDLF.Y JOHN R.NJNOSKY KAREN L.MASCIO MICHAEL J.CASSIDY BRIAN W.CAR'T'ER MELISSA P.GREEVY WADE D.MANLEY OF COUNSEL 1914-2014 HORACEA.JOHNSON C.ROY WEIDNER,JR. 4PY:15'PL'i` ts:�7t.tl.d.lhh,?fc6nv.cun August 12, 2014 C C=0 Register of Wills Office s c R C-) Cumberland County Courthouse c� One Courthouse Square Carlisle, PA 17013 RE: Estate of Marcello Soto v Date of Death: February 14, 2014 Your File No. 21-14-0153 GG Our File No. 17867-1 Dear Register: Enclosed for filing, please find the following: 1. 2 Original Pennsylvania Inheritance Tax Returns. There is remaining inheritance tax due in the amount of$4,368.20. Estate Check No.15 is attached to the Return. 2. Inventory. 3. TWO'(2) copies of Page 1 of the Inheritance Tax Return and two (2)copies of the Inventory that we ask that you time-stamp and return to us in the enclosed self addressed stamped envelope. Thank you for your assistance in this matter. Should you have any questions, or require any additional information, please feel free to contact us. Very truly yours, OHNSON, DUFFIE, STEWART 1.&,WEIDNER Dana Wieseman U4�'"�°'��J Estate Administration Paralegal Enc. c: Angela M. Soto-Hamlin, Executrix :645679 301 MARKET STREET P.O.BOX ,109 LEMOYNE, PENNSYLVANIA 17043-0109 WWWJDSWCOM 717.761.4540 PAX: 717.761.3015 MAIL@JDSWCOM JOHNSON, DUFFIE, STEWART & WEIDNER, P.C.