HomeMy WebLinkAbout10-27-14 � 1505610140
REV-1500 � �02-11)(FI)
OFFICIAL USE ONLY
PA DepaRment of Revenue Counry Code Year File Number
Bureau of Individual Taxes INHERITANCE TAX RETURN
Po aox zsoso� 2 1 1 4 0 2 1 5
Harrisbur PA 17128-0601 RESIDENT DECEDENT
ENTER DECEDENT INFORMATION BELOW
Social 5ecurity Number Date of Death MMDDWYY Date of Birth MwtDDrrYY
0 2 1 7 2 0 1 4 0 8 0 9 1 9 1 9
DecedenYs Last Name Suffix DecedenYs First Name MI
GENTRY MARGARET T
(If Applicable)Enter Surviving Spouse's information Below
Spouse's Last Name Suffix Spouse's First Name �►�
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 � 2.Supplemental Return � 3.Remainder Return(Date of Death
Priorto 12-13-82)
� 4.LimRed Estate � 4a.Future interest Compromise(date of � 5.Federal Estate Tax Return Required
death after 12-t2-82)
Q 6.Decedent Died Testate ❑ 7.Decedent Mainiained a Living Trust � 8.Total Number of Safe Deposit Boxes
(Attach Copy of Will) (Attach Copy of Trust.)
� 9.Litigation Proceeds Received � 10.Spousal Poverty Credit(Date of Death � 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 7AX INFORMATION SHOULD BE DIRECTED T0:
Name Daytime Telephone Number
S U S A N H . C O N F A I R 7 1 7 7 6 3 1 3 $'; 3 '
,_,.�
RF�ISTER OF WIL6�USE QNL'��n
� C7
-C."',- C7 �:'J :o C"��
c:�7 `,.�
First Line of Address _.�' � '-"{ `'� � y
2331 MARKET STREET '' ` . � � �
. . .,7
Second Line of Address
�.,� .,� _;�
_ .-� _„'_ -'-
bATE FIL . - ��
City or Post Office State ZIP Code
CAMP HI L L PA 1 7 0 1 1 � `� �� �
. u�
correspondent's e-mai�address: SCONFAIR REAGERADLERPC.COM _
Under penalties of perjury,1 declare that I hav�examined this retum,inGuding accompanying schedules and statements,and tp the best of my knowisdge and belief,
it is tive,correct and camplefe.Declara6on of preparsr other than the personal representative is based on all intormaHon of whtch prepare(has any knowiedge.
SIGNATURE QF PERS, E NSIBLE FOR F G RET �_ DAT�
/
ADDRESS �
13 JAMES SPRING COURT ROCKVILLE MD 20850
SIGNATURE OF PREPAR OTH R T AN REPRESENTATIVE DATE
/V G"
c, ��
ADDRESS
2331 MARKET STREET CAMP HILL PA 17011
PLEASE USE ORIGINAL FORM ONLY
Side 1
� 1505610140 1505610140 �
��
'J
J 1505610240
REV-1500 EX(FI) DecedenYs Social Security Number
DecedenYs Name: MARGARET T. GENTRY
RECAPITULATION
2 6 2 0 9 4 , 0 0
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 and Notes Receivable(Schedule D) . . . . . . . . . . . . . . . . . . . . . . . . . . 4. '
5. Cash,Bank Deposits and Miscellaneous Personal Property(Schedule E). . . . . . . 5.
4 2 8 4 9 . 9 0
6. Jointly Owned Property(Schedule F) ❑ Separate Billing Requested . . . . . . . 6.
2 2 6 7 6 5 . 6 8
7. Inter-Vivos Transfers&Miscellaneous N n-Probate Property
(Schedule G) � Separate Billing Requested . . . . . . . 7. •
8. Total Gross Assets(total Lines 1 through 7) . . . . . . . . . . . . . . . . . . . . . . . . . . . 8. 5 3 1 7 0 9 , 5 8
9. Funeral Expenses and Administrative Costs(Schedule H) . . . . . . . . . . . . . . . . . . 9� 2 5 7 3 9 . 7 �
10. Debts of Decedent,Mortgage Liabilities,and Liens(Schedule I) . . . . . . . . . . . . . 10. 6 7 7 9 . 5 9
��. Total Deductions(total Lines 9 and 10) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11. 3 2 5 1 9 . 3 �
12. Net Value of Estate(Line 8 minus Line 11) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12• 4 9 9 1 9 � . 2 $
13. Charitabie and Governmental Bequests/Sec 9113 Trusts for which
an election to tax has not been made(Schedule J) . . . . . . . . . . . . . . . . . . . . . . �3• •
14. Net Value Subject to Tax(Line 12 minus Line 13) . . . . . . . . . . . . . . . . . . . . . . 14. 4 9 9 1 9 � . 2 $
TAX CALCULATION-SEE INSTRUCTIONS FOR APPLICABLE RATES
15. Amount of Line 14 taxable
at the spousal tax rate,or
transfers under Sec.9116 � . 0 0 15. � • � �
(a)(1.2)X.0 _
16. Amount of Line 14 taxable 4 g g 1 9 0 . 2 8 �s. 2 2 4 6 3 . 5 6
at lineal rate X.045
17. Amount of Line 14 taxable � . Q Q 17. � • 0 �
at sibling rate X.12
18. Amount of Line 14 taxable O . 0 0 �g, � . � �
at collateral rate X.15
19. TAX DUE 2 2 4 6 3 . 5 6
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19.
20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT O
Side 2
� 1505610240 1505610240 �
REV-1500 EX(FI) Page 3 File Number
Decedent's Complete Address: 2� 14 0215
DECEDENT'S NAME
MARGARET T. GENTRY __.__ _——_—_—_-- —.
STREET ADDRESS
129 ALLENDALE WAY _._ _ _____ _—_ --- --
.CITY — -- _ _. �. -- STATE ZIP
CAMP HILL PA 17011
Tax Payments and Credits: ��� 22,463.56
1. Tax Due(Page 2,Line 19)
2. CreditslPayments 20,600.00
A.Prior Payments
B.Discount 1,084.18
Total Credits(A+B) (2) 21,684.18
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) 0.00
5. If Line 1 +Line 3 is greater than Line 2,enter the difference.This is the TAX DUE. (5) 779.38
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 ...................................................................... � a
b. retain the right to designate who shall use the property transferred or its income ............................... X
c. retain a reversionary interest ..................................................................................................... ❑ �
d. receive the promise for life of either payments,benefits or care? .......................................................
2. If death occurred after December 12,1982,did decedent transfer property within one year of death O ❑
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
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
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[�2 P.s.§s�ts(a)(t)].
• 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)
pennsylvania SCHEDULE A
DEPARTMENT OF REVENUE REAL ESTATE
INHER�TANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF: FILE NUMBER:
MARGARET T. GENTRY 21 14 0215
All real property owned solely or as a tenant in common must be repoRed at fair market value.Fair market value is defined 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 Include a copy of the deed showing decedenYs interest if owned as tenant in common. VALUE AT DATE
NUMBER OF DEATH
D�SCRIPTION
129 ALLENDALE WAY, CAMP HILL, PENNSYLVANIA 262,094.00
PROPERTY ASSESSED VALUE IS$270,200.00 X COMMON LEVEL RATIO .97 =
FAIR MARKET VALUE $262,094.00
TOTAL(Also enter on Line 1,Recapitulation.) S 262 094.00
If more space is needed,use additional sheets of paper of the same size.
REV-1508 EX+(OS-12)
pennsylvania SGH�DUL�E E
OEPARTMENTOFREVENUE ��SH, BANK G1EPC3SIT� � MISC.
INHEWTANCEiAXRETURN p���ONAL Ri�OP�FtTY
RESIDENT DECEGIENT
E$TA��46: FILE�IUi��ER;
MARGAi2�T 7. GENTRY 21 14 ����
Include ths proe�eda of litiga��on and Ehe date the prflc��da were rEceived by the est�ts.
Ail p�cperEy jpintly ownad with�ight o#surviyorahip mu$t be disalased on�aMsdula F.
VALUE�T QATE
IT�I� OF Q�ATM
NUMBER DESC�{PTION
1. NIH FED�FiAL CFtEpIT Ut�IOPI-F2ECl1LAi�SHARE�-AGCC)UNT EP1RIf�G IN 71T 2,225.04
P��Q?f 6��5
f�OCKViLI.�, MD 20849-6A75
2. NIH FEDERAL CR�DIT UNION-MONEY MANl�GER CHECKING�CCOUNT 38,924.86
Et�DIN� IN 717
PO BOX 6475, ROCKVILLE, MD 20849-6476
3. PERSONAL PROPERTY 200.00
4. RENT GHECKS FQR FLORIDA PROPERTY 1,500.00
ARTIGL�3 SPEGIFIC �EQ�IEST. 3.3 R�QIJEATM A G�D/iR CM�ST TO
R. 1'kIOMA�Q�NTI�Y- ITEM WA�GiVEN T� I�IM NiC}F�E TI�AN A
Y�AR PRtQFt T�����Q�N`T'� DEAT�i
APRT'ICL�3�F'�CI�IC BEQU�ST. 3.4 B�QU�ATM ON�C?IL RAINTINC�OF
HI�GHOICE T� R. 7HOMAS G�NTFiY-IT�M WAS GIVEN 1'O HIM MORE THAN
A YEAFt RF�IQR'f� [?E�EQ�NT'S QEATM.
TOTAL(Also enter on Line 5,Recapitulation) $ 42 849.90
If more space is needed,use additiona�l�hQets 4f paper ofi the same size.
REV-1509 EX+(01-10)
penn�ylvania �CH��U�.E �
DEPARTMENT OF REVENUE �QIN 1�Y•OW1��V��QF�1�.��
INHERITANCE TAX RETURN
RESI6ENT DECED�NT
ESTATE aF: FiLF t�UM�ER:
MARGARET T. GENTRY 21 `14 0215
I#an asset was made)olntly ovrmed within ane yea�r of the decedent"s dete of death,it must be reported on Sehedule G.
SURVIVING JQIN7 TENANT(S)NAME(S) ADDRES�u R�LATIQNSHIP TO DECEDENT
A. DONNA L. KIPP 129 ALLENI�AL,�WA�Y DAUGHTER
CAMP HILL, PA 17011
e.R TMOMAS GENTRY 13 JAMES SPRING COURT SON
RO�KVILLE, MD 2��5Q-29A�9
c.
JOINTLY-OWNED PROPERTY:
LETTER DATE DESCRIPTION 9F PROPERTY 9:OF DATE OF DEATH
ITEM FOR JOINT MADE INCLU�E NAME af FINANCIAl INSTITUTIpN AND BANK AGCpUNT NUM6ER QR SIMiLAR DATE�F QEATH P�CEDENTS VALUE OF
NUMBER TENAM JOINT IDENTIFYING NUM6ER. ATTACH DEED FOR JOINI'LY-HEtD REAL ESTATE. VALU�OF ASSET INTEREST DECEDENTS INTEREST
1. A. 8/20Q7 AM�RICH�I�E �'�D�Rf1L CR�pI'�UNIBN 3,81Q.�1 5Q. 9,905.16
REGULAR�AVINGS-ACCOUNT�ND1NG�4409
2. A. 8/2007 AMERICHQICE F�DERAL CREDIT UNI�N 2,175.76 50. 1,087.88
CM�CKING -,�CCQUNT ENDING#0016
3. B. 09/2010 VANGUARD 447,545.28 50. 223,772.64
ACC�UNT ENDING IN#3�i16
TO`fAL(Also�nter on Line 6,Recapitulation) 5 226 765.68
If more spaee is needad,us�addiNonai sheei�vf paper of 1he same siza.
REV-1511 EX+(OB-13)
pennsylvania SCHEDULE H
DEPARTMENTOFREVENUE FUNERAL�XP�NSES AND
INHERITANCETAXRE7URN ADMINISTRATIV�COST�
RESIDENT DEGEDENT
�ST�1TE QF �iLE NUMBER
MARGAR�T T, G�NTRY 21 ia Q215
Dee�clenYs debts muet be ronoAed nn 9chedule i<
IT�M
NUMBER DESCRIPTION AMOUNT
�#. FUNERAL�XP�NSES:
1. PARTHEM�RE FUNERAL SERVICES 4,196.21
2. HIERS-BAXLEY FUNERAL SERVICES 9,135.00
B. ADMINISTRATIVE COSTS:
1. Personal Representative Commissions:
Name(s)of Personal Representative(s)
Street Address
Ciry State ZIP
Year(s)Commission Paid:
2 Attomey Fees: REAGER&ADLER, PC 8,500.00
3. Family Exemption:(if decedenrs address is not the same as claimanPs,attach explanation.) 3,500.00
Cla�mant DONNA L. KIPP
Str9etAddress 129 ALLENDAL�WAY
ciry CAMP HILL. state PA ziP 1�011
Relationship of Clalmantto Decedent I�AI,�GHTEI�
4. ProbateFees: CUMB�RLAND COUNTY REGISTER OF WILLS 408.50
5 Accountant Fees:
6. Tax Retum Preparer Fees:
7.
TOTAL(A�so enter on line 9,Recapitulation) E 25 739.71
if more space is needed,u�e addiGQnal sheet�of paper of the�me si�r•
REV-1512 EX+(12-12)
pennsytvania �CNEDUL� I
DEPARTM@NT OF REVENUE D��T�7 Q� 4��C�41��!�
INHERITANCETAXRETURN MaRTGAGE LIABiI�ITIES&Lt�NS
RESIDENT DEC�DENT
�STATE OF FIL�NU�t���
MARGARET T. GENTRY 21 14 0215
Repo�t debts incurr�d by th�d�cedent pricr to death that remained unpaid at the dete of death,including unreimbursed medical expenses.
ITEM _ , VALU�,A7�lAi`E
NUM6�R QE�CRIPTION QF D�AT'H
1 WES'f SHQ�� �MS-ML�I�AL . _ __ 1,09�.9�
2. DONNA L. KIPP-HEALTH CARE COST REIMBURSEMENT 4,000.00
3. HOME-INSTEAD SENIOR CARE-MEDICAL 361.77
4. EAST PENNSBC}RO AMBULANCE-MEDICAL 60.00
5. BQNNIE MILL,ER, TAX GC)LL�CTQR-T�UCES FQR 1�9 A�.LENDALE WAY, 1,267.8�1
CAMP MII�L, P�MN��'VL,�4N{A
6. EAST P�NNSB(?RO AMBULANCE-MERICAL 76.00
TOTAL(Also enter on Line 10,Recapitulation) 5 g 77g.59
If morts&pac0 is needed,in8ert additional sheeEs of the same si�e.
REV-1513 EX+(01-10)
pennsylvania SCHEDULE J
DEPARTMENT OF REVENUE BENEFICIARIES
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF: FILE NUMBER:
MARGARET T. GENTRY 21 14 0215
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. R. THOMAS GENTRY Lineal 270,252.34
13 JAMES SPRING COURT
ROCKVILLE, MD 20850-2949
2. DONNA L. KIPP Lineal 228,937.94
129 ALLENDALE WAY
CAMP HILL, PA 17011
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. $
If more space is needed,use additional sheets of paper of the same size.
� �C:�Documents and Settings�klehr\Local Settings\Temporary Internet Files\OLKEF\Gentry M Will.doc
November 9,2007
LAST WILL AND TESTAMENT
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MARGARET T. GENTRY �� 1: � �- =f�
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I, MARGARET T. GENTRY, of Camp Hill, Cumberland County, Pe ania, �ing �f'rn
sound and disposing mind, memory and understanding, do hereby make, publish�eclare-�his r�t��
Last Will and Testament, hereby revoking any and all prior Wills and Codicils thereto by me at anytime
heretofore made.
1. IDENTIFICATION OF FAMILY. I declare that I have two (2) living children whose names
are R. THOMAS GENTRY and DONNA L. KIPP, and I have one (1) deceased child whose
name is SHARON K. GARBER. As used in this Will, the term "my children" refers to all my
natural children and adopted children. As used in this Will, the term "issue" refers to all lineal
descendants of the indicated person of all generations, with the relationship of parent and child at
each generation determined by the definition of"childlchildren" set forth in this paragraph.
2. PAYMENT OF BURIAL EXPENSES AND DEBTS. I authorize my executor to pay all the
expenses of (1) a funeral or memorial service; (2) the interment of my remains, including the
costs of a gravesite, if necessary; and (3) the installation and inscription of a suitable marker at,
and perpetual care of, the gravesite. I further direct my executor to pay all of my debts that my
executor in his or her sole discretion may allow as claims against my estate.
3. SPECIFIC BEQUESTS.
3.1. I give, devise and bequeath the real property that I own, located at 129 Allendale Way,
Camp Hill, Cumberland County, Pennsylvania,to my daughter, DONNA L. KIPP.
3.2. I give, devise and bequeath the sum of Two Hundred Fifty Thousand Dollars and 00/100
($250,000.00), or the equivalent in property thereof,to my son, R. THOMAS GENTRY.
3.3. I give, devise and bequeath the cedar chest, made by my late husband, to my son, R.
THOMAS GENTRY.
3.4. I give, devise and bequeath one oil painting, of his choosing, to my son, R. THOMAS
GENTRY.
4. DISPOSITION OF TANGIBLE PERSONAL PROPERTY. I give all of my tangible
personal property of every kind and description, including, but not limited to, books, pictures,
clothing, articles of household or personal use or adornment, household furnishings and effects,
and automotive vehicles and their accessories, but excluding any money, evidences of
indebtedness, documents of title, and securities and property used in connection with the
operation of any trade or business, in substantially equal shares, to my children, as follows: I
-1- � .'—
.
Marga t . Gentry
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November 9,2007
direct my executor to divide my tangible personal property into two parts. The first part shall
contain all items that my executor determines to be of no present or future value or use to my
children. The second part shall contain the balance of the property. My executor shall dispose of
the first part by sale, abandonment, destruction, or gift to any charity or person. The proceeds of
any sale shall be added to my residuary estate. All property in the second part I give to my
daughter, DONNA L. KIPP. The decision of my executor shall be conclusive and binding on all
persons interested in my estate.
5. DISPOSITION OF RESIDUARY ESTATE. All of the rest, residue and remainder of the
property that I own at the time of my death, both real and personal, and of every kind and
description, wherever situated, to which I may be legally or equitably entitled at the time of my
death (my "residuary estate"), I give outright and absolutely to my children, R. THOMAS
GENTRY and DONNA L. HIPP. In the event my son, R. THOMAS GENTRY, predeceases
me, I give and bequeath his portion of my residuary estate to his wife, DONNA MARIE
GENTRY. In the event my daughter, DONNA L. HIPP, predeceases me, I give and bequeath
her portion of my residuary estate to her husband, KENNETH KIPP.
6. POWERS OF ADMINISTRATION.
6.1. Grant of Powers. My executor, in the administration of my estate, (my "fiduciaries")
shall have the powers and authorities set forth in this Article 6. These powers and authorities
may be exercised by my executor and trustee in their sole and absolute discretion, without the
permission or order of any court. These powers shall be supplementary to those conferred by
law, including, but not limited to, those set forth in Title 20, Chapter 33, of the Pennsylvania
Consolidated Statutes.
6.2. Retention of Assets. My fiduciaries shall have the power to retain any or all property of
my estate, however received and acquired, for so long as they deem appropriate. This power may
be exercised even though the property may not be of the type authorized by law for investment,
and even though the retention may leave a disproportionately large amount of the value of my
estate invested in one type of property.
6.3. Transfer of Assets. My fiduciaries shall have the power to sell, transfer, and convey any
property, of whatever nature, including real property, and wherever situated, that I may own at
the time of my death, or that may come into my estate or after my death. The sale, transfer, or
conveyance may be by public or private sa1e, at such time, on such terms and conditions,
including selling price and credit, in such manner, and for any reason that my fiduciaries deem
appropriate, including, but not limited to, the purpose of obtaining net proceeds to be distributed
to my residuary beneficiaries.
6.4. Investment. My fiduciaries shall have the power to invest and reinvest any property in
my estate in preferred and common stocks, bonds, notes, common trust funds (including any
managed by any corporate fiduciary), interests in investments, trusts, mutual funds, leases,
mortgages on property wherever located, and, generally, in any property and in proportions of
-2-
argar . ent
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November 9,2007
property as my fiduciaries deem advisable, even though the investments are not of the character
or proportions authorized by applicable law for the investment of the funds.
6.5. Power to Borrow. My fiduciaries shall have the power to borrow money for any
purpose, for any periods of time, and on any terms and conditions as they deem advisable
(including the power to borrow from any corporate fiduciary), and to pledge, mortgage, or
otherwise encumber any property in my estate to secure repayment of any loan, as well as the
power to renew existing loans either as maker or endorser.
6.6. Power to Hold Property in Nominee Form. My fiduciaries shall have the power to
hold any property in the name of a nominee or in bearer form.
6.7. Distribution in Cash or in Kind. My fiduciaries shall have the power to make
distributions in cash or in kind, or partly in cash, in divided or undivided interests, as amended,
or other applicable law, and to determine which assets shall be sold and which shall be
distributed in kind, without notice to or consent by any beneficiary.
6.8. Distribution to Minors and Persons Under Disability. My fiduciaries shall have the
power to make distributions or payments to or for the benefit of any beneficiary who is a minor,
an incompetent, or who in the fiduciaries' judgment is incapacitated. The distributions or
payments shall be made in any one or more of the following ways: (1) directly to the beneficiary;
(2) directly to the creditor in payment of the debts or expenses of the beneficiary; (3) to the
guardian of the person or estate of the beneficiary; (4) to any custodial parent of a minor
beneficiary; (5) to a custodian for the beneficiary under any law related to gifts to minors,
including to my fiduciaries in that capacity; or (6) to any other person who shall have the care
and custody of the person of the beneficiary. There shall be no duty to see to the application of
funds so paid, provided due care was exercised in the selection of the person to whom the funds
were paid, and the receipt of the person shall be full acquittance of the fiduciaries.
6.9. Continuation or Liquidation of Business. My fiduciaries shall have the power to
continue or to permit the continuation of any business, incorporated or unincorporated, in which I
may have any interest at the time of my death for any period of time, or to liquidate the business
on any terms as they deem appropriate. This power includes, but is not limited to (1) the power
to invest additional sums in any business, even to the extent that my estate may be invested
largely or entirely in the business, without liability for any loss resulting from lack of
diversification; (2) the power to act as or to select other persons to act as directors, officers, or
employees of any business, to be compensated without regard to being a fiduciary under this
Will; and (3) the power to make any other arrangements in regard to any business as my
fiduciaries shall deem proper.
6.10. Emplovment of A�ents. My fiduciaries shall have the power to employ and pay the
compensation of any and all attorneys, agents, custodians, attorneys-in-fact, experts, investment
counsel, accountants, bookkeepers, or other agents or providers of services as my fiduciaries
deem advisable in the administration of my estate.
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argar T. Gentry
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6.11. Commissions. My fiduciaries shall have the power to take reasonable commissions on
account at any time during the administration of my estate without the approval of any
beneficiary or of the court,but subject to allowance or disallowance on the settlement of the final
accounts of my fiduciaries.
6.12. Third Partv Reliance. No person or corporation dealing with my executor shall be
required to see to the application of any property paid or delivered to my executor, or to inquire
into either the authority of my executor to enter into any transaction or the expediency or
propriety of any transaction entered into by my executor.
6.13. Charitable Donations. In the event that any of my tangible personal property is donated
to a charitable organization(s)then my fiduciary is instructed to use the value of said donation(s)
as an inheritance tax deduction for any inheritance tax return which may be required to be filed as
a consequence of my death.
7. PAYMENT OF DEATH TAXES.
7.1. Pavment of Estate Taxes. I direct that all federal and Pennsylvania estate taxes payable
as a result of taxes assessed on property passing under this Will shall be paid from my residuary
estate as a part of the expenses of the administration of the estate.
7.2. Inheritance Tax. I direct that the Pennsylvania inheritance t�es payable as a result of
my death, limited to taxes assessed on property passing under this Will, shall be paid out of my
residuary estate and shall not be deducted or collected from any beneficiary under this Will or
other transferee.
8. EXECUTOR.
8.1. A�pointment. I name, constitute, and appoint my son, R. THOMAS GENTRY, as
executor of my estate. If my son, R. THOMAS GENTRY, shall not survive me, shall not serve
as executor for any reason, or shall cease to serve as executor for any reason after appointment, I
appoint my daughter,DONNA L. KIPP, as successor executor.
8.2. Bond Not Required. None of the individuals named in Section 8.1 shall be required to
furnish a bond for the faithful performance of his duties as executor.
9. PRESUMPTION IN CASE OF SIMiTLTANEOUS DEATH. For the purposes of this Will, in
determining whether a person has survived me or another person, a person shall not be deemed to
have survived me or another person if he or she dies within sixty (60) days of my death or of the
death of the other person.
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Margaret . Gentry
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10. LIABILITY OF EXECUTOR. My executor shall not at any time be liable for mistake of law
or of fact, or both law and fact, or errors of judgment, nor for any loss coming to any beneficiary
under this Will, or to any other persons, except through actual fraud or willful misconduct on the
part of the executor or trustee. My executor may, from time to time, consult with counsel with
respect to the meaning, construction, and operation of this Will, particularly with respect to the
appointments, allocations, and disbursements, and may act on the advice of counsel in all matters
without incurring liability on account of his or her actions.
11. INTERPRETATION.
11.1. Successors of Fiduciaries. All pronouns referring to an executor and the term
"executor" shall be construed to mean any person acting as my executor, co-executor, personal
representative, or administrator, as the case may be.
11.2. Number and Gender. If required by the context of this Will, singular language shall be
construed as plural, plural language shall be construed as singular, and the gender of personal
pronouns shall be construed as either masculine,feminine, or neuter.
11.3. Headin�s. All headings used in this Will to describe the contents of each article,
paragraph, or other division are provided for convenience only and shall not be construed to be a
part of this Will.
11.4. Governin� Law. This Will shall be construed in conformity with the law of the
Commonwealth of Pennsylvania.
IN WITNESS WHEREOF, I have hereunto set my hand and seal to this, my Last Will and
Testament, consisting of five (5) typewritten pages, the first four (4) of which bear my signature in the
margin for the purpose of identification,this 1�day of _, 2007.
�
MARG T T. GENTRY, Te rix
Signed, sealed, published and declared by the above-named Testatrix, MARGARET T.
GENTRY, as and for her Last Will and Testament, in the sight and presence of us, who, at her request,
in her sight and resence and in the sight and presence of each other, have hereunto subscribed our
names as ' n ss .
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ess Address
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COMMONWEALTH OF PENNSYLVANIA )
: SS.
COUNTY OF CUMBERLAND )
I, MARGARET T. GENTRY, THE TESTATRIX, WHOSE NAME IS SIGNED TO THE
FOREGOING INSTRUMENT, HAVING BEEN DULY QUALIFIED ACCORDING TO LAW, DO HEREBY
ACKNOWLEDGE THAT I SIGNED AND EXECUTED THE INSTRUMENT AS MY LAST WILL AND
TESTAMENT; THAT I SIGNED IT WII.,LINGLY; AND THAT I SIGNED IT AS MY FREE AND
VOLUNTARY ACT FOR THE PURPOSES THEREIN EXPRESSED.
SWORN OR AFFIRMED TO AND ACKNOWLEDGED BEFORE ME BY MARGARET T.
GENTRY,THE TESTATRIX, THIS �,Z DAY OF 2007.
COhlIMONWEALTH OF PENNSYLVANIA
�✓,
Notariat Seaf
Deborah L.B�nneman,Notary PubGc
Camp Hi11 t1aro�CumbErtand Cau�� � � ti
My��i����i�,)un�18,20�o OTARY PUBLIC
Membar,F'e���sY�����°'�S�Ociation of Nataries
COMMONWEALTH OF PENNSYLVANIA )
. SS.
COUNTY OF CUMBERLAND )
� ��/ �- W� '""` AND ���iL ���i%1 /C.�l
THE WITNESSES WHOSE NAMES ARE SIGNED TO THE FOREGOING INSTRUMENT, BEING DULY
QUALIFIED ACCORDING TO LAW, DEPOSE AND SAY THAT WE WERE PRESENT AND SAW THE
AFORESAID TESTATRIX SIGN AND EXECUTE THE INSTRUMENT AS HER LAST WILL AND
TESTAMENT; THAT SHE SIGNED WII.,LINGLY AND THAT SHE EXECUTED IT AS HER FREE AND
VOLUNTARY ACT FOR THE PURPOSES THEREIN EXPRESSED; THAT EACH OF US IN THE
HEARING AND SIGHT OF THE TESTATRIX SIGNED THE WILL AS WITNESSES; AND THAT TO THE
BEST OF OUR KNOWLEDGE THE TESTATRIX WAS AT THE TIME EIGHTEEN (18) OR MORE YEARS
OF AGE,OF SOUND M1ND AND UNDER NO CONSTRAINT OR UNDUE INFLUENCE.
�WORN OR AFFIRMED TO AND SUBSCRIBED TO ME, THIS �Z DAY OF
1>yPl.+-►(��- ,2007.
TN S
Cpry�rVlpfVWEALTH OF PENNSYLVANIA • '�'JC___
Plotarial S�ai S S
Qeborat►L Brenrseman,�lotary Public
Camp H91t C;oro,Cu��u�g 1 S,2(1�0
lVly Cpmsnis�ior►E%�r
M�mqe�,P�nrisylvania As�ocl�tlan of Nutari�� OTARY PUBLIC
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