HomeMy WebLinkAbout09-08-14 1505610105
REV-1500 Ex102-11)(FI)
Pennsylvania OFFICIAL USE ONLY
PA Department of Revenue pro. ,nwnsvExvs County Code Year File Number
Bureau of 2806vi1 Taxes INHERITANCE TAX RETURN
Ha BOX 280601 I I•.( lily
Harrisburg,PA 17128-0601 RESIDENT DECEDENT J
ENTER DECEDENT INFORMATION BELOW
Social Security Number Date of Death MMDDYYYY Date of Birth MMDDYYYY
08222013 08291959
Decedent' Last Name Suffix Decedent's First Name MI
L_1',\�,,p-
L-N"-T*Y t RICHARD D
(If Applicable)Enter Surviving Spouse's Information Below -
Spouse's ast Name Suffix Spouse's First Name MI
L,'-- s -e
Lv1'H'ssk'Y V O N N I E
Spouse's Social Security Number
THIS RETURN MUST BE FILED IN DUPLICATE WITH THE
REGISTER OF WILLS
FILL INAPPROPRIATE BOXES BELOW
XO 1. Original Return Q 2. Supplemental Retum Q 3. Remainder Return(Date of Death
Prior to 12-13-82)
Q 4. Limited Estate Q 4a. Future Interest Compromise(date of 0 5. Federal Estate Tax Return Required
death after 12-12-82)
0 6. Decedent Died Testate Q 7. Decedent Maintained a Living Trust 0 8. Total Number of Safe Deposit Boxes
(Attach Copy of VJJq (Attach Copy of Trust.)
Q 9. Litigation Proceeds Received Q 10. Spousal Poverty Credit(Date of Death 0 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 TO:
Name Daytime Telephone Number
ROBERT G . FREY 717243583` o r m
zr
REGISTERS ILLS USEjVqLY n
O
^' xc-> ti -Z
A r y o
z Co m -
First Line of Address A m ::0� X:u o r
5 S . HANOVER ST j c C:1 3
Second Line of Address 'C
w ti
City or Post Office State ZIP Code DATE FILED
CARLISLE PA 17013
CorrespondenCs e-mail address: RFREY@FREYTILEY. COM '
Under penalties of perjury,I declare that I he"examined this return,including accompanying schedules and statements,and to the best of my knowledge and belief,
0 Is true coned and complete.Declaration of preparer other then the Personal representative Is based on all Information of which oreparer has any knowledge.
SI URE OF PERSON R PONSI LE FO FILING RETURN DATE
09/08/14
ADDRESS
520 4ETEISBU5G ROAD CA LISLE PA 17013
SIG F P PA Td AN R P ESENTATNE DATE
09/08/14
ADDRESS
5 SOUTH HANOVER STREET -ISLE PA 17013
PLEASE USE ORIGINAL FORM ONLY
Side 1
L 1505610105 1505610105 J
1505610205
REV-1500 EX(Fl)
Decedent's Social Security Number
Decedent's Name: RICHARD D LINDSAY
RECAPITULATION
1. Real Estate(Schedule A). . . . . . . . . . .. . . . . . . . . . . ... . ... . . . . . . . . . .... . 1. 0. 00
2. Stocks and Bonds(Schedule B)...... . . .. ... ...... .. . . .. . ...... .. . . . 2. 0 . 00
3. Closely Held Corporation,Partnership or Sole-Proprietorship(Schedule C)... 3. 0. 00
4. Mortgages and Notes Receivable(Schedule D)...... . .. . . ....... ... . . . . 4. 0 . 00
5. Cash,Bank Deposits and Miscellaneous Personal Property(Schedule E).. .. . 5. 0. 00
6. Jointly Owned Property(Schedule F) =Separate Billing Requested... . . . . 6. 0. 00
7. Inter-Vivos Transfers&Miscellaneous Non-Probate Property
(Schedule G) O Separate Billing Requested.... . . . 7, 116000 . 00
8. Total Gross Assets(total Lines 1 through 7) 8 116000. 00
9. Funeral Expenses and Administrative Costs(Schedule H). . . .... . .. . . ... . . 9. 502. 00
10. Debts of Decedent,Mortgage Liabilities and Liens(Schedule 1)..... . . . ... . .10. 0. 00
11. Total Deductions(total Lines 9 and 10).................. . ..... .. . ... 11. 502. 00
12. Net Value`of Estate(Line 8 minus Line 11).... . . . ... ..... . ........ .... 12. 115498.00
13. Charitable and Governmental Bequests/Sec 9113 Trusts for which
an election to tax has not been made(Schedule J). .... .... .... . . . . . .... .13. 0. 00
14. Net Value Subject to Tax(Line 12 minus Line 13). . 14 115498 . 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)(11.2)X.0 a 115498 . 00 15. 0. 00
16. Amount of Line 14 taxable
atlinealrateX.O 45 16. 0100
IT Amount of Line 14
taxable at sibling rate X . 12 17. 0. 00
18. Amount of Line 14 taxable
at collateral rate X .15 18. 0. 00
19. TAX DUE....... . . .. . . .. . .. . . .. .. ..... . . . .. . ... . .. . . . ...... . . . ... 19. . 0. 00
20. FILL IN THE BOX IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT
Side 2
L 1505610205 1505610205
J
_J 1505610205
REV-1500 EX(Fl)
Decedent's Social Security Number
Decedent's Neme: RICHARD D LINDSAY 168-48-4046
RECAPITULATION
1. Real Estate(Schedule A).. ... .. .. .. . .. ... ... ... ..... ........ . ... ... 1. 0. 00
2. Stocks and Bonds(Schedule B). .. ... ..... ...... . ... .... .... ..... ... 2. 0. 00
3. Closely Held Corporation,Partnership or Sole-Proprietorship(Schedule C)... 3. 0.00
4. Mortgages and Notes Receivable(Schedule D).. ..... .... ... . ... .... ... 4. 0. 00
5. Cash,Bank Deposits and Miscellaneous Personal Property(Schedule E).. ... 5. O . 00
6. Jointly Owned Property(Schedule F) Separate Billing Requested. ...... 6. 0 .00
7. Inter-Viivos Transfers&Miscellaneous Non-Probate Property
(Schedule G) =Separate Billing Requested. ...... 7, 116000. 00
8. Total Gross Assets(total Lines 1 through 7) a 116000 00
9. Funeral Expenses and Administrative Costs(Schedule H). ... ..... ... .... . 9. 502.00
10. Debts of Decedent,Mortgage Liabilities and Liens(Schedule 1)... .. .... ... .10. 0. 00
11. Total Deductions(total Lines 9 and 10). .... .... ... .... .... .... ... ... 11. 502.00
12. Net Value of Estate(Line 8 minus Line 11).. ... ....... ..... ........ ... 12. 115498.00
13. Charitable and Governmental Bequests/Sec 9113 Trusts for which
an election to tax has not been made(Schedule J)....... .... .... .... .. ..13. 0. 00
14, Net Value Sublect to Tax(Line 12 minus Line 13) 14 115498 . 00
TAX CALCULATION-SEE INSTRUCTIONS FOR APPLICABLE RATES
15. Amount of Line 14 taxable at
the spousal lax rate,or
transfers under Sec.9116
(a)(1.2)X.0 0 115498 . 00 15. 0. 00
16. Amount of Line 14 taxable
at lineal rate X.0 45 16. 0.00
17. Amount of Line 14
taxable at sibling rate X . 12 17. 0 .00
18. Amount of Line 14 taxable
at collateral rate x . 15 18. 0.00
19. TAX DUE... ... .. ...... .... .. .. ..... ... ... ... ... ..... . ... ....... . 19. 0.00
20. FILL IN THE BOX IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT
Side 2
L 1505610205 1505610205 J
REVASOO EX(FI) Page 3 File Number 168-464046
Decedent`s Complete Address: 21-13-1116
DECEDENTS NAME
RICHARD D LINDSAY
STREETADDRESS
520 Petersburg Road
CITY STATE ZIP
CARLISLE PA 17013
Tax Payments and Credits:
1. Tax Due(Page 2.Line 19) (1) 0.00
2. Credits/Payments
A.Prior Payments
8.Discount
Total Credits(A+B) (2) 0.00
3. Interest
(3)
4. If Line 2 is greater than Line 1 +Line 3,enter the difference.This is the OVERPAYMENT.
Fill in box on Page 2,Line 20 to request a refund. (4) 0.00
5. if Une 1+Line 3 is greater than Line 2.enter the difference.This is the TAX DUE. (5) 0.00
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 Igo
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.12,1962,did decedent transfer property within one year of death
i
without receiving adequate consideration?....................................................................................................
......... ❑
3. Did decedent own an"in trust for'or payable-upon-death bank account or security at his or her death?............. ❑
4. Did decedent own an individual retirement account,annuity or other non-probate property,which
contains a beneficiary designation?.......................................................___.......................................................°..r11 ❑
IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES,YOU MUST COMPLETE SCHEDULE G AND FILE IT AS(PART OF THE RETURN.
For dates of death on or after July 1,1994,and before Jan.1,1995,the tax rate imposed on the net value of transfers to or for the use of the surviving
spouse is 3 percent[72 P.S.§9116(a)(1.1)(1)].
For dates of death on or after Jan.1,1995,the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0 percent
172 P.S.§9116(a)(1.1)(i)].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 RS.§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 transfer.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.
REV-1510 EX+(08-09) SCHEDULE G
pennsylvania ENTER-VIVOS TRANSFERS AND
DEPARTMENT OF REVENUE
INHERITANCE TAX RETURN MISC. NON-PROBATE PROPERTY
ESTATE OF FILE NUMBER
Richard D and Vonnie L Lindsay 21-13-1116
This schedule must he completed and filed 0 the answer to any of questions T through 4 on page three of the REV-1500 Is yes.
DESCRIPTION OF PROPERTY
ITEM ama.wE� COFTNErn $FExFE,n RaEtana+swrmoecEaENTAND DATE OF DEATH % DECD'S EXCLUSION TAXABLE
NUMBER i DATE OFMNSFER.AITACNACOPYOF THE DEED FOR R ESTATE. VALUE OF ASSET INTEREST ^i°°"`Nlo VALUE
1. Dickinson College Retirement plan,403b, with Fidelity 49,000.00 100.00% 0.00 49,000.00
2. individual Retirement Account 67,000.00 100.00% 0.00 67,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
TOTAL Also enter on Line 7 Recapitulation)$ 116 000.00
If more space is needed,Use additional sheets of paper of the same size.
REV-1511 EX+(08-13)
pennsylvania SCHEDULE H
DEPARTMENT OF REVENUE FUNERAL EXPENSES AND
INHERITANCE TAX RE
RESIDENT DECEO NT URN ADMINISTRATIVE COSTS
ESTATE OF FILE NUMBER
Richard D and Vorl L Lindsay 21.13-1118
Decedent's debts must be reported on Schedule t.
ITEM
NUMBER DESCRIPTION AMOUNT
A. FUNERALEXPENSES:
1.
B. ADMINISTRATIVE COSTS:
1. Personal Representative Commissions:
Names)of Personal Representstive(s)
Street Address
City State ZIP
Years)Commission Paid:
2. Attorney Fees:
3. Family Exemption:(If decedents address is not the same as dalmant's,attach explanation.)
Claimant
Street Address
City state ZIP
Relationship of Claimant to Decadent
4. Probate Fees: 213.50
5. Accountant Fees:
6. Tax Return Pieparer Fees:
7. Advertising in Cumberland Law Journal and the Sentinel 288.50
TOTAL Also enter on Line 9, Reca itulation) $ 502.00
If more space is needed,use additional sheets of paper of the same size.
i
LAST WILL AND TESTAMENT
OF
RICHARD D.LINDSEY
1, RICHARD D. LINDSEY, married man, of South Middleton Township,
Cumberland County, Pennsylvania,(mailing address; 520 Petersburg Road,Carlisle, PA
17015),being of sound and disposing mind,memory and understanding,do hereby make,
publish and declare this as and for my Last Will and Testament hereby revoking and
making void any and all Wills by me at any time heretofore made.
L I direct my hereinafter named Executor or Executrices to pay all of my
just debts and funeral expenses as soon after my death as may be found convenient to do
so, i further direct that all inheritance, transfer, succession, estate and death taxes,
including interest and penalties thereon, which may be payable on account of my,death
shall be payable from the residue of my estate regardless of whether the assets upon
which such taxes are based are included in my probate estate.
2. 1 declare that I am married to VONNIE L LINDSEY and that I have one
child, RICLON T. LINDSEY. I have intentionally made no'provision in this my Last
Will and Testament far my said son,RICLON T.LINDSEY.
3. All of the rest, residue and remainder of my estate, real, personal and
mixed,and wheresoever the same may be situate,I give,devise and bequeath to my wife,
VONNIE L LINDSEY,her heirs and assigns,per stirpes,provided that she shall survive
me by a period of ninety(90)days. In the event that my said wife should predecease me
or fail to survive me by the aforesaid period of ninety(90)days,then in such event all of
the rest, residue and remainder of my estate,real,personal and mixed;and wheresoever
the same may be situate,I give,devise and bequeath to my mother,ELINOR LINDSEY,
her heirs and assigns,per sdrpes.
4. 1 hereby nominate, constitute and appoint my wife, VONNIE L
LINDSEY,as Executrix of this my Last Will and Testament, but should she predecease
me or fail to qualify as such, then in such event I nominate constitute and appoint my
mother, ELINOR LINDSEY,as Executrix and 1 further direct that neither of them,shall
be required to post any bond to secure the faithful performance of her duties in the
Commonwealth of Pennsylvania or in any otherjurisdiction.
7. In addition to the powers conferred by law, my hereinbefore named
Trustees and Executors and their respective successors,are empowered:
a. To invest any part of the trust corpus in such securities,
investments, or other property as may be deemed advisable and proper, irrespective of
whether the same are authorized for the investment of trust funds under the laws of any
governing jurisdiction.
b. With respect to any corporation, the stocks, bonds, or other
securities of which may be held,to vote in person or by proxy on any shares of stock;to
consent to the merger,consolidation or reorganization of such corporations;to consent to
the leasing, mortgaging or sale of the property of any such corporations; to make any
surrender, exchange or substitution of such stocks, bonds or other securities as an
incident to the merger, consolidation or reorganization of such corporations; to pay all
assessments, subscriptions and other sums of money which may be deemed wise and
expedient for the protection and maintenance of the proportionate interest of the
investment in such corporations; to exercise any option or privilege which may be
conferred upon the holders of such stocks,bonds,or other securities of such corporations
either for the conversion of the same into other securities or for the purchase of additional
securities, and to make any and all necessary payments which may be required in
connection therewith;and generally to have and exercise as to all such stocks, bonds and
other securities,the powers of an individual owner who is not under trust obligation.
C. To hold the trust corpus in one or more consolidated funds in
which separate shares shall have undivided interests..
Page l o/l /Q--
-..
d• To sell at public or private sale for cash or upon credit, or partly
for cash and partly on credit, and upon such terms and conditions as shall be deemed
Proper,any part or parts of the estate,and no purchaser at any such sale shall be bound to
inquire into the expediency or propriety of any such sale or to see to the application of the
Purchase moneys arising therefrom.
C. To keep on hand and uninvested such money as may be deemed
proper and for such period as may be found expedient.
f• To compromise,settle or arbitrate any claim or demand in favor of
or against the trust estate.
g• And authorized in the discharge of fiduciary duties, to employ
counsel and to determine and to pay such counsel reasonable.compensation ich shall
wh
be charged against the principal or income of the trust fund,and shall further h entitled
to charge against the principal or income such other reasonable expenses and charges as
may be necessary and proper to incur for the proper discharge of fiduciary duties and for
the proper management and administration of the trust estate.
h. In making any division of property Into shares for the purpose of
any distribution thereof directed by the provisions of the trust, to make such division or
distribution, either in cash or in kind, or partly in cash and partly in kind, as shall be
deemed most expedient,and in making any division or distribution in kind may allot any
specific security or property or any undivided interest therein to any one or more of such.
shares, and to that end may appraise any or all of the property so to be allotted and the
judgment as to the propriety of such allotment and as to the relative value for purposes of
distribution of the securities or property so allotted shall be final and conclusive upon all
Persons interested in the trust or in the division or distribution thereof.
I. And authorized to register any shares of stock or other assets of
any trust in their own names or in the name of a nominee:
.1• To retain and invest in shares of stock of my Trustee.
k To retain any investments including mutual funds which I may
own at the time of my death and in addition to invest any part of the Trust corpus in such
mutual fund or mutual funds as may be deemed advisable or proper, irrespective of
whether the same are authorized for the investment of trust funds under the laws of
governing jurisdiction. any
I. To determine from time to time whether all or some portion of
realized capital gains shall be treated as ordinary income for distribution to a beneficiary
or treated as principal to be retained as pan of the corpus, and such designation need not
be consistent from one year to another.
IN WITNESS WHEREOF, I have hereunto set Re hand d seal to tais my Last
Will and Testament written on two(2)pages,this Z 2"day aF A v y Sr 2U()6.
\ J
CHA D.L SEY L)
Signed,sealed,published,and declared by RICHARD D. LINDSEY the Testator
above named, as and for his Last Will and Testament, in our presence, who, in his
presence,at his request,and in the presence of each other, have hereunto subscribed our
names as attesting witnesses. a
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