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HomeMy WebLinkAbout09-26-14 (2) ` ' ----- ^------------- �----`-��--'`� �----�' `-- ~~ m � rn � REV-1500 EX(02-11)(n)I& OFFICIAL USE ONLY PA Department at Revenue Pennsylvania C;ounty Code Year File Number Bureau of Individual Taxes INHERITANCE TAX RETURN — - PO BOX 28o6ot Harrisburg,PA 17128-0601 RESIDENT DECEDENT -51 � Fi 4 ;, 1 4�s ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death MMDDYYYY Date of Birth MMDDyyyy 05/12/2000 'G4/02/1920 Decedent's Last Name Suffix Decedent's First Name (If Applicable)Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI 'BYERS SARA(now deceased) G Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW U0 1.Original Return C= 2,Supplemental Return 3. Remainder Return(Date of Death Prior to 12-13-82) C=:) 4.Limited Estate C= 4a.Future Interest Compromise(date of C= 5. Federal Estate Tax Return Required death after 12-12-82) COD 6.Decedent Died Testate C= 7.Decedent Maintained a Living Trust 0 8. Total Number of Safe Deposit Boxes (Attach Copy of Will) (Attach Copy of Treat.) 9 Litigation Proceeds Received 10.Spousal Poverty Credit(Date of Death = ll Election to Tax under Sao 9113(A) Between 12-31-91 and 1-1-95) (Attach Schedule 0) CORRESPONDENT— THIS SECTION MUST BE COMPLETED,ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number .JAMES D. CAMERON, ESQ. �nxUoenf/uo���.--_-______~^ .__-_-~_-_-'_'�-^- 1325 NORTH FRONT STREET \ `n �o-om�-m u--u-n-o-o-r Address r, j pn | | c» ` -DATE Fit-ED`---- --- --- -'---� ----- --- - --- ---� '--- "n City or Post n�� ZIP Code _ " �� ���`� ����� � � HARRISBURG PA | 117102 |� Conrespondent's e-mail address:jdcesq@localnet.com Under penalties of perjury,I declarothat I have examined this return,including accompanying schedules and statements,and to the bestof 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. 13V5,North Front Street, Harrisburg, PA 17102 PLEASE USE ORIGINAL FORM ONLY Side N � 1505610105 1585610105 � 1505610205 REV-1500 EX(Fl) Decedent's Social Security Number Decedents Name: FRANK E. BYERS RECAPITULATION 1. Real Estate(Schedule A). ....... . ..... ..... . ... ... . . ... ........ . . 31,952.72 2. Stocks and Bonds(Schedule B) ...... ........ .... 2. 1 OM 3. Closely Held Corporation,Partnership or Sole-Proprietorship(Schedule C) ..... 3. 0.00 4. Mortgages and Notes Receivable(Schedule D).... 4. 0.001 5. Cash,Bank Deposits and Miscellaneous Personal Property(Schedule E)..... . . 5� 0.00 * Jointly Owned Property(Schedule F) CD Separate Billing Requested , 6� 0.00 * Inter-Vives Transfers&Miscellaneous Non�Probate Property (Schedule G) C=:) Separate Billing Requested..... ... 7� 0.00 8. Total Gross Assets(total Lines 1 through 7).... ...... 31,962.72 9, Funeral Expenses and Administrative Costs(Schedule H).. ..... ... 6,976.66 10, Debts of Decedent,Mortgage Liabilities and Liens(Schedule 1).. 10. 11. Total Deductions(total Lines 9 and 10)...... ........ .. .. .... ........ .. 11. 6,976.66 12. Net Value of Estate(Una 8 minus Line 11)....__......_..........._ 12. 24,976.06 13. Charitable and Governmental Bequests[Sec 9113 Trusts for which an election to tax has not been made(Schedule J) ... .. .. ... ......... .... 13. 0.00 1: 14, Net Value Subject to Tax(Line 12 minus Line 13) ..... 14. 24,976.06 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 O�Q_0 24,976.06 15.1 0.001 16. Amount of Line 14 taxable ! at lineal rate X.0 45 0.00 17� Amount of Line 14 taxable atsiblingrate X.12 17. 0.00 18, Amount of Line 14 taxable at collateral rate X.15 18'' 0.001 ---------- 19. TAX DUE......_....... . ....... 0.00 20� FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT Cap Side 2 1505610205 1505610205 REV-1500 EX(FI) Page 3 File Number Decedent's Complete Address: DECEDENT'S NAME FRANK E. BYERS STREETADDRESS 336 B STREET CITY STATE I ZIP CARLISLE PA 17013 Tax Payments and Credits: 1. Tax Due(Page 2,Line 19) (1) 0.00 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. 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) 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.......................................................................................... ❑ 0 b. retain the right to designate who shall use the property transferred or its income ....................._..................... ❑ 0 c. retain a reversionary interest .............................................................................................................................. ❑ 0 d. receive the promise for life of either payments,benefits or care?...................................................................... ❑ N 2. If death occurred after Dec. 12,1982,did decedent transfer property within one year of death without receiving adequate consideration?.............................................................................................................. ❑ 0 3. Did decedent own an"in trust for"or payable-upon-death bank account or security at his or her death?.............. ❑ E 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 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 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. REV-1502 EX+(12-12) 10 pennsylvania SCHEDULE A DEPARTMENT OF REVENUE INHERITANCE TAX RETURN REAL ESTATE RESIDENT DECEDENT ESTATE OF: FILE NUMBER: Frank E. Byers, deceased 21-14-0438 All real property owned solely or as a tenant in common must be reported at fair market value.Fair market value is deflned as the price at which property would be exchanged between a willing buyer and a willing seller,neither being compelled to buy or sell,both having reasonable knowledge of the relevant facts. Real property that Is jointly-owned with right of survivorship must be disclosed on schedule F. Attach a copy of the settlement sheet If the property has been sold. ITEM Indude a copy of the deed showing decedent's Interest If owned as tenant In common. VALUE AT DATE NUMBER OF DEATH DESCRIPTION Real estate situate in the Borough of Carlisle,Cumberland County,Pennsylvania,known i l 31,952.72 jl and designated as Lot#38,Block 6,Fifth Ward,being tax parcel no.06-20-1798.117 (net proceeds of sale—please see attached explanation) (net proceeds of sale equal one-third of the total of lines 603,1306,and 1307 on the attached copy of the settlement sheet) i l�I TOTAL(Also enter on Line 1, Recapitulation.) $ 31,952.72 If more space is needed,use additional sheets of paper of the same size. Estate of Frank E. Byers, deceased No. 21-14-0438 SCHEDULE A Explanatory note: Frank E. Byers died May 12, 2000. He was the sole record owner of a portion of the lot upon which he and his wife had built their home, and had resided for many years. The full frontage of the lot upon which Mr. and Mrs. Byers had built their home is 75 feet. The portion that was owned only by Mr. Byers is 25 feet. The property was sold on June 6, 2014, following the death of the decedent's wife, Sara G. Byers. Although this sale by the decedent's wife's Estate occurred fourteen years after his death, it is the basis of the value reported on this Return. The value stated is one-third of the 2014 net sale proceeds. While this value may over-state the value as of the time of Mr. Byers' death, it is observed that the spousal tax rate of zero applies to this estate. Consequently, it would not be cost-effective to attempt to estimate the value of the property by appraisal as of the time of the decedent's death fourteen years ago. Under the facts of this case, it is respectfully suggested that the approach utilized should be deemed to be both reasonable and sufficient, under these circumstances. REV-1511 EX+(08-13) % pennsylvania SCHEDULE H [i1' DEPARTMENT OF REVENUE FUNERAL EXPENSES AND INHERITANCE TAX RETURN ADMINISTRATIVE COSTS . RESIDENT DECEDENT ESTATE OF FILE NUMBER Frank E. Byers, deceased 21-14-0438 Decedent's debts must be reported on Schedule I, ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES:_ El ❑ B. ADMINISTRATIVE COSTS: 1. Personal Representative Commissions: 1,500.00 Name(s)of Personal Representative(s) Sylvia A. Waters Street address 101 Sylvan Ridge Road City Harrisburg state PA Zip 17113 Year(s)Commission Paid: 2014 2. Attorney Fees: � - 1,500.00_ 3. Family Exemption: (If decedent's address is not the same as dalmant's,attach explanation.) 3,500.00 Claimant Sara G. Byers Street Address 336 B Street 1 City Carlisle State PA Zip 17013 Relationship of Claimant to Decedent spouse - 4. Probate Fees: 155.00 5. Accountant Fees: - ` 6. Tax Return Preparer Fees: 7. iCumberland Law Journal(legal advertising) ! ��7•••••••••••••••��a•••�5���00•ddd 8. (The Sentinel(legal advertising) �T w * 169.30 ) I _ �9�.. Rregister of Wills of Cumberland County(filing fee--petition for citation) _ 63.50 t o. Postmaster(postage–service of petition for citation) ^L - 13.86 TOTAL(Also enter on Line 9, Recapitulation) $� 6,976.66 If more space is needed,use additional sheets of paper of the same size. REV-1513 EX+(01-10) i pennsylvania SCHEDULE J DEPARTMENT OF REVENUE INHERITANCE TAX RETURN BENEFICIARIES RESIDENT DECEDENT ESTATE OF: FILE NUMBER: Frank E. Byers, deceased 21-14-0438 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• Sara&Byers(Estate)(deceased 01115/20`14) _ — T spouse 100% residue Sylvia A.Waters,Executrix, 1325 N.Front Street,Harrisburg,PA 17102 — I L -- --*— -----, IF L �_ l ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18 OF REV-1500 COVER SHEET,AS APPROPRIATE. 11 NON-TAXABLE DISTRIBUTIONS A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN: Y B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS: 1. T 1 TOTAL OF PART II-ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET. $ If more space is needed,use additional sheets of paper of the same size. A _ r 3 LAST 'W.ILL AND TESTA-&.E T:" ��OF FRAN.K ,E: BYERS i c I, FRANK E. BYERS, being, of sound mind. ' memory,. do hereby make, publish and declare this to be my LAST WILL AND TESTAMENT, hereby revoking all other WILLS previously made by me. FIRST I direct that all my just debts, funeral.expenses and inheritance taxes 'tie •paid as soon of ter�*my death as can conveniently, be done. SECOND give my gun collection and. sporting equipment to F,Awl E':4.W6ter:9d.'d;r THIRD I hereb'y. g'lwbe ..,bequeath and devise all the rest, residue and', retpeinder of• my estate',. .real personal and mixed; wherevera3tue.te`:{{o my wife, SARA "G. :BY,ERS, if she survives me by Th'iity ,(30) days. FOURTH In the .event my wife fails to survive me by Thirty -,... (30) days, 2 direct that my estate be divddedl.*i'nto Seven A (7) equal shares, which I give as follows to my six (6) children and one (1')! .grandson: .anym4u z a r aue"'o"oc OMB Approval No.2502-0265 A. Settlement Statement (HUD-1) IQ xoe'SIP B. Type of Loan 1.❑FHA 2.❑RHS 3.QX Conv Unins. 6. File Number: 7. Loan Number: 8. Mortgage Insurance Case Number 4.[]VA 5.n Comf Ins. SWARTZCHARIES C. Note: This form is furnished to give you a statement of actual settlement Posts. Amounts paid to and by the settlement agent are shown. Items marked"(p.o.c.)"were paid outside the closing,they are shown here for informational purposes and are not included in the totals D. Name and Address of Borrower: E. Name and Address of Seller: F. Name and Address of Lender. Charles E.Swartz Estate of Sara G.Byers 162 Meadow Lane 336 B Street Mechaniaburg,PA 17055 Carisle,PA 17013 G. Property Location: H. Settlement Agent: I. Settlement Date: 336 B Street GUARANTEED ABSTRACT SERVICES,INC. Carlisle,PA 17013 3813 MARKET STREET June 6,2014 Cumberland County,Pennsylvania CAMP HILL PA 17011 Ph. (717)724-8758 Place of Settlement: GUARANTEED ABSTRACT SERVICES,INC. 3813 MARKET ST,CAMP HILL PA 17011 J. Summary of Borrower's transaction K. Summary of Seller's transaction 100. GrossAmount Due from Borrower: 400. Gross Amount Due to Seller: 101. Contract sales prim 105,000.00 401. Contract sales prim 1D5,000.00 702. Personal property 402. Personal property 103. Settlement Charges to Borrower Line 1400 2,577.50 403, 104. 4D4. 105. 405. Adustments for items paid b Seiler In advance Adustments for items paid b Seller in advance 106. COUNTYr-OWNSHIP 06/06114 to 01/01115 402.08 406, COUNTY)TOWNSHIP 06/06/14 to 01/01115 402.08 107. CITY TAX to 407. CITY TAX to 108. SCHOOL TAX 06106/14 to 07/01/14 99.07 408, SCHOOL TAX 06106/14 to 07101/14 99.07 109. 409. 110. 410. 111. 411. 112. 412. 120. Gross Amount Due from Borrower 108,078.65 420. Gross Amount Due to Seller 105,501.15 200. Amounts Paid by orin Behalf of Borrower 500. Reductions in Amount Due Seller: 201. Deposit or earnest money 1,000.00 501. Excess deposit isee instructions 202. Principal amount of new loans 502. Settlement charges to Seller Line 1400 13,642.99 201 Edstin loans taken subject to 503. Existin loam s taken subject to 204. 504. Payoff First Mortgage 205. 505. Payoff Second Mortgage 206. 506, 207. 507. (Deposit disc as roweds 208. 508. 209. 509. Atlustmenls for items unpaid b Seller Adjustments for items unpaid b Seller 210. COUNTY17OWNSHIP to 510. COUNTY/TOWNSHIP to 211. CITY TAX to 511. CITY TAX to 212. SCHOOL TAX to 512. SCHOOLTAX to 213. 513, 2t 4. 514, 215. 515, 216. 516, 217. 517. 21 B. 518. 219. 519. 220. Total Paid by/for Borrower 1,000.00 520. Total Reduction Amount Due Seller 13,64259 300. Cash at Settlement from/to Borrower 600. Cash at settlement tolfrom Seller 301. Gross amount due from Borrower line 120 108,078.65 601. Gross amount due to Seller Qine 420 105,501.15 302. Less amount paid by/for Borrower(line 220) ( 1,000.00) 602. Less reductions due Seller(line 520) ( 13,642.99 303. Cash E From ❑ To Borrower 07,078.65 603. Cash ❑X To From Seller 91,858.16 -R da ldddmlme torrwe us sdla(s).lewe(Ll, ) The undersigned hereby ere of a completed copy of this statement&any attachments referred to herein Borrower Seller Estate o ar G.Bye _ Cha 5 .Swartz BY: •rLl,eGi TM%dl.RepstiNaa..Wa ctllttA Ujmwin&m la mpmelNel35mlMes y'r Wn.fiu.1.61.1..,,ytl1g 1 ft. iXSwpcy mryM Wlem Wairtvmeliol uEya aerdreyrN lowmpele Wa Iwm.Weull dapry¢a nrraitly vtliEOM9 cmbtl ramp'.No<vri4nLe'Iry I a esevM,Wa Getlmue le mvkavy.iry¢Is Gsiprel lop'MEellnpsees toe RESRI<wn W Vwstim MNlMpmetiw MylM sMtlamdY Rmsaa. Page t of 3 HUD-1 (SW ARTZCHARLES.PFO/S WARTZCHARLEB/24) Total Real Estate Brokor Fe. S6,300,00- Paio Fran Peid From DMSlon of commission(fine 700)as follo ws: Sonawels Seller's J1.$3.395.00 to Hooke.Hooke 8.Eckman,LLC Fura at Funds at Note'Line 701 Includes Adjustment of 245.00 For Transactor Fee Settlement i SerVemenl 702.1 3,150.00 to Thom on Wood Real Estate 703,Commission paid at settlement 6,545,C 704. 705,DEED PREP 706. Addodral Commission to Thomson Wood Real Estate 500.00 800.Items Payable in Connection with Loan 801.Cur or'oration Mare g from GFE#1 802,Your audit or Marge(points)for the specific interest rate chosen S (Rom GFE#2) ill Your adjusted origination coarges firm GFE#A 0.00 804,Appraisal fee to from GFE 113 805.Credd Reftort to from GFE#3 806.Tax service to from GFE#3 807.Flood certification to from GFE 43 808. thorn GFE#3 809, from GFE#3 810. from GFE Of 811. (from GFE 93) 900.Items Required by Lender to Se Paid in Advance 901.Daily interest charges from to a $Ida from GFE#10) 902.Mortgage insurance premium for months to from GFE#3 903 Homeowner's insurance for 1,0 wars,to firm GFE#11) POC 90 from GFE#11 905. (from GFE 011) 1000.Reserves Deposited with Lender 1001.Initial deposit for your escrow account (from GFE#S) 1002.Homeowner's insurance $ par $ 100 .Mortgage insurance per $ 1004.Property taxes $ COUNTY T S per CITY TAX a S per SCHOOLTAX r 1005. $ COUNTYfrOWNSHIP per SCHOOLT 8 per 1006. $ par S 1007. $ per $ 1008, $ 1009.AGGREGATE ADJUSTMENT $ 1100.Title Charges 1101. Title services and lender's Idle insurance from GFE#4 1102. Settlement or otosin fee 1103. Owner's title insurance to FI STAMERICAN TITLE INS.CO, from GFE#51 925.00 1104. Lender's We insurance to FIRST AMgRICAN TITLE INS.CO. $ 1105 Lend pr's title gplitor It ft 1106. Owner's title podw limit $ 105000A0 1107 Agend' ortion of the total title insurance premium to GUARANTEED ABSTRACT SERVICES 86.25 1108. Underwriter's portion of the total title insurance premium to FIRST AMERICAN TITLE INS.CO. $ 138.75 1109. Notanf Fee to GUARANTEED ABSTRACT SERVICES,:NCS 20.00 10.00 1110. fricorring Wire Fee to GUARANTEED ABSTRACT SERVICES,INC$ 15.00 1111, Tax Carl Reimbursement to GUARANTEED ABSTRACT SERVICES,INC$ 200 1112. $ 1113. $ 1200.Government Recording and Transfer Charges 1201.Government teoording charges to RECORDER OF DEEDS from GFE#71 67.50 1202 87.50 Mo a Routdoes,S Other 67.00 67.0 1203.Transfer tares to RECORDER OF DEEDS (from GFE#8 1 p50.00 1204 ChoCounly talYJstaimps $ 1.0§g.00 $ t 050.00 1205.State tax/Stam s $ 1,05000 $ 1206. 1207, 1300,Additional Settlement Charges 1301.Required services that you can shop for from GFE#6 1302. Attorney Fees to James D.Cameron,Esquire $ 1,500M 1303. $ 1304. Reimbursement of Sewer/Water Fees to Kristi Knox $ 103.99 1305, Home Warranty to FestAmsriran Home Buyers Protedron $ #10400640701 365.00 1305.Escrow for Inheritance Tax to Guaranteed Abstract Services S 2,000.00 1307. Inheritance Tax Payment to Register of Wills $ 2.000.00 1490.Total Settlement Charges(enter on lines 103,Section J and 502,Section K) 2,577.50 13,642.99 •Peep id,ddlmlrpty d}rrpvl0),selsla),livd,rw,a hr6palY(T) ei siW,W,sus..rmxes.awetpw=imxervww,Nex.aeeeanprv,aunrew+aaaoris rnela,a, GUARANTEED ABST A SERVICES.INC.,Settlement Agent Certified to be a true copy. Page 2 of 3 HUD•1 (SWAB(TCHARLES.PFD/SWARTZCHARLES 124) JAMES DURYEA CAMERON ATTORNEY-AT-LAW 1325 NORTH FRONT STREET HARRI5BURG, PENNSYLVANIA 17102 LICENSED IN BOTH PENNSYLVANIA TELEPHONE: (717) 236-3755 AND MARYLAND FACSIMILE (717) 236-3655 September 25, 2014 Office of the Register of Wills CUMBERLAND COUNTY COURTHOUSE 1 Courthouse Square Carlisle, PA 17013 Re: Estate of Frank E. Byers, deceased No. 2014-00438 To Whom It May Concern: You will find enclosed the original and one copy of an Inventory and the original and two copies of a Pennsylvania Inheritance Tax Return for the above-referenced Estate. Kindly file the original documents and return the time-stamped copies to me in the envelope provided. Please contact my office if you have any questions. Thank you. Sincerely, J s . Cameron JDC/sg Enclosure cc: Sylvia A. Waters, Administratrix, C.TA. (w/enclosure) N c o m M m rn G? O m = C a cn � o m rn rn a .:o <-� CD - I — v O n r rn r S CO • O a O o � " (D ;° 0 c° b a N �� nx N 0 (p zzad to q Jn o C o(D N0 � � wO0 ('r am do :G • 0 M N ~ t77 H to noun OF .� A3 O C ' z y a r1� N � j s �■ 1 now� lotrr 0 '