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HomeMy WebLinkAbout11-13-14 (2) -J REV-1500 EX(02-11) 1505610143 PA Department of Revenue OFFICIAL USE ONLY P Pennsylvania County Code Year Fede Number Bureau of Individual Taxes DEPARTF"TOFREVE?" PO BOX.280601 INHERITANCE TAX RETURN 21 14 019 Harrisburg,PA 17128-0601 RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death Date of Birth 04 11 2014 04 08 1913 Decedent's Last Name Suffix Decedent's First Name MI PIERCE MARY C (If Applicable)Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW ® 1. Original Return ❑ 2. Supplemental Return ❑ 3.Remainder Return(Date of Death 1�2 ❑ 4. Limited Estate ❑ 4a,Future Interest Compromise [35. Federal Estate Tax Return Required (date of death after 12-12-02) ® 8. Decadent Did Testate ❑ 7, Decedent Maintained a Living Trust 0 8. Total Number of Safe Deposit Boxes (Attach Copy of Will) (Attach Copy of Trust) yyust) ❑ B. Litigation Proceeds Received ❑ 10.beotween Poverty and 1-1-96)f Death ❑ 11.Attach Sch dule 0) 8113(A) CORRESPONDENT-THIS SECTION MUST BE COMPLETED.ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number GERALD J BRINSER 717 838 6348 REGISTER,QF&ILLS USE 6NLYr h C 7D C3 First Line of Address 6 E MAIN STREET I _= ' c c-.r Second Line of Address ` PO BOX 323 `' ' City or Post Office State ZIP Code DATE fiLED = r'j PALMYRA PA 17078 CD `n Correspondent's e-mail address: gjbrin@aol.com Under penalties of pedury,I declare tha ave examined this return,including accompanying schedules and statements,and to the best of my knowledge and belief, It is true,co nd complete.DeciaggionNf preparer other than the personal representative is based on all Information of which preparer has any knowledge. SIGNAT 0 RSON RE IBLE FOR F ING RETURN DATE Glen A.Pierce ADDRESS 5 Conway Drive,Mechanicsburg,PA 17055-6194 SIGNATOR F PREPARER OTHER THAN REPRESENTATIVE DATE Gerald J Brinser l ADD SS Brinser,Wagner&Zimmerman 6 E. Main Street,Palmyra,PA 17078 Side 1 L 1505610143 1505610143 J 1505610243 REV-1500 EX Decedent's Social Security Number Decedent's Name: PIERCE, MARY C. RECAPITULATION 1. Real Estate(Schedule A).......................................................................................... 1. 2. Stocks and Bonds(Schedule B)............................................................................... 2. 3. Closely Held Corporation,Partnership or Sole-Proprietorship(Schedule C).......... 3. 4. Mortgages&Notes Receivable(Schedule D).......................................................... 4. 5• Cash,Bank Deposits&Miscellaneous Personal Property(Schedule E)................ 5. 1 , 990 . 9 7 6. Jointly Owned Property(Schedule F) ❑ Separate Billing Requested............. 6. 12 , 813 . 23 7. Inter-Vivos Transfers&Miscellaneous Non-Probate Property (Schedule G) ❑ Separate Billing Requested............. 7. 8. Total Gross Assets(total Lines 1 through 7).......................................................... 8. 14 , 804 . 20 9. Funeral Expenses and Administrative Costs(Schedule H)..................................... 9. 6 , 115 . 13 10. Debts of Decedent,Mortgage Liabilities and Liens(Schedule 1)............................. 10. 1 , 225 . 14 11. Total Deductions(total Lines 9 and 10).................................................................. 11. 7 , 340 . 27 12. Net Value of Estate(Line 8 minus Line 11)............................................................. 12. 7 , 463 . 93 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made(Schedule J)................................................. 13. 14. Net Value Subject to Tax(Line 12 minus Line 13)................................................. 14. 7 , 463 . 9 3 TAX COMPUTATION-SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate,or transfers under Sec.9116 (a)(1.2)X.00 15. 16. Amount of Line 14 taxable at lineal rate X .045 7 , 463 . 93 16. 335 . 88 17. Amount of Line 14 taxable at sibling rate X .12 17. 18. Amount of Line 14 taxable at collateral rate X .15 18. 19. TAX DUE................................................................................................................... 19. 335 . 88 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. Side 2 1505610243 1505610243 REV-1500 EX Page 3 File Number 21 - 14 Decedent's Complete Address: DECEDENT'SNAME Pierce, Mary C. STREET ADDRESS Messiah Lifeways @ Messiah Village, 100 Mt. Allen Dr. CITY- STATE 1Z. 17055 IP Mechanicsburg PA Tax Payments and Credits: 1. Tax Due(Page 2,Line 19) (1) 335.88 2. Credits/Payments A. Prior Payments B. Discount Total Credits(A +B) (2) 0.00 3. Interest (3) 0.00 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) 336.88 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;.................................................................................. ix 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?.............................................................. H 2. If death occurred after Dec. 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration?....................................................................................................................... ❑ R 3. Did decedent own an"in trust for" or payable upon death bank account or security at his or her death?......... F-1 ❑x 4. Did decedent own an individual retirement account,annuity,or other non-probate property which contains a beneficiary designation?...................................................................................................................... ❑ 0 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.§9196(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 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 retturn 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,w ether bloo or adoption. pennsylvania SCHEDULE E DEPARTMENT OF REVENUE INHERITANCE TAX RETURN CASH, BANK DEPOSITS AND MISC. RESIDENT DECEDENT PERSONAL PROPERTY FILE NUMBER ESTATE OF Pierce, Mary C. 21 -14 Include the proceeds of litigation and the date the proceeds were received by the estate.All property Jointly-owned with the right of survivorship must be disclosed on schedule F. ITEM DESCRIPTION VALUE AT DATE OF NUMBER DEATH 1 Celtic Insurance-Refund; Medicare Supplement Ins. 1,727.23 2 (PERS-Pension 263.74 TOTAL(Also enter on Line 5, Recapitulation) 1,990.97 REV-1608 EX+(01-10) pennsylvania DEPARTMENT OF REVENUE SCHEDULE F INHERITANCE TAX RETURN JOINTLY-OWNED PROPERTY RESIDENT DECEDENT ESTATE OF FILE NUMBER Pierce,Mary C. 21 -14 If an asset was made joint within one year of the decedent's date of death,it must be reported on schedule G. SURVIVING JOINT TENANT(S)NAME ADDRESS RELATIONSHIP TO DECEDENT Glen A. Pierce 5 Conway Drive Son A Mechanicsburg, PA 17055-6194 Linda M.Pierce 5 Conway Drive Daughter-in-Law B Mechanicsburg, PA 17055-6194 JOINTLY OWNED PROPERTY: ITEM LETTER DATE DESCRIPTION O R DATE OF DEATH %OF DATE OF OF DEATH NUMBER FOR JOINT MADE Include name of financial institution and bank account number'VALUE OF ASSET DECD'S DECEDENrs INTEREST TENANT JOINT similar Identifying number.Attach deed for join*held real estat . INTEREST 1 AB 09/26/2008 PNC Bank-Checking Account#5005832984 2.177.96 33.3% 725.99 2 AB 09/29/2008 PNC Bank-Money Market Account 36,261.72 33.3% 12,087.24 #5005150908 TOTAL(Also enter on line 6,Recapitulation) 12,813.23 REV-1611 EX+(10.09) 1-7 pennsylvania SCHEDUIFH DEPARTMENT OF REVENUE FLIWM iL� "!V�fLJ INHERITANCE TAX RESIDENT DECEDENT RETURN AMINSMTM COM ESTATE OF Pierce, Ma C. FILE NUMBER Mary 21 -14 Decedent's debts must be reported on Schedule I. ITEM NUMBER FUNERAL EXPENSES: DESCRIPTION AMOUNT A. 1 Iles Funeral Home-Brandt Funeral Home Expenses 2,463.19 2 Cocklin Funeral Home-Preparation and Transport to Iowa 2,473.06 3 Additional Miscellaneous Funeral Expenses 323.77 4 Funeral Luncheon,etc. 390.11 B. ADMINISTRATIVE COSTS: �. Personal Representative's Commissions Name of Personal Representative(s) Street Address City State Zip Years)Commission Paid 2. Attorneys Fees Brinser,Wagner&Zimmerman—Gerald J. Brinser 450.00 3. Family Exemption: (If decedent's address is not the same as claimant's,attach explanation) Claimant Street Address City State Zip Relationship of Claimant to Decedent 4. Probate Fees 5. Accountant's Fees 6. Tax Return Preparer's Fees 7. Other Administrative Costs 1 Register of Wills-Filing Fee 15.00 TOTAL(Also enter on line 9,Recapitulation) 6,115.13 C ScheduleH COMMONWEALTH OF PENNSYLVANIA /� ru ^,, ,t INHERITANCE TAX RETURN AdrmW ntf11 ftfi @WD corftUed RESIDENT DECEDENT ESTATE OF Pierce, Mary C. FILE NUMBER 121 -14 NOTE: All expenses in excess of probate assets were paid by the joint owners of accounts on Schedule F. Page 2 of Schedule H pennsylvania SCHEDULE 1 102 DEPARTMENT OF AXRET DEBTS OF DECEDENT INHERITANCE TAX RETURNRN , MORTGAGE RESIDENT DECEDENT LIABILITIES & LIENS LEUMBER N ESTATE OF Pierce, Mary C. FILE E N -14 Report debts incurred by the decedent prior to death that remained unpaid at the date of death,including unreimbursed medical expenses. ITEM NUMBER DESCRIPTION AMOUNT 1 West Shore EMS 1,025.14 2 Glen Pierce-Personal expenses incurred in March 200.00 NOTE: All expenses in excess of probate assets were paid by the joint owners of accounts on Schedule F. TOTAL(Also enter on Line 10,Recapitulation) 1,225.14 REV-1513 EX+(01-10) pennsylvania SCHEDULE J DEPARTMENTOF REVENUE INHERITANCE TAX RETURN BENEFICIARIES RESIDENT DECEDENT ESTATE OF FILE NUMBER Pierce,Mary C. 21 -14 RELATIONSHIP TO SHARE OF ESTATE AMOUNT OF ESTATE NUMBER NAME AND ADDRESS OF PERSON(S) DECEDENT (Words) ($$$) RECEIVING PROPERTY Do Not List Trustee(s) TAXABLE DISTRIBUTIONS(inciude outright spousal distributions and transfers under Sec.4116(a)(1.2)) 1 Glen A.Pierce Son 1/2 Schedule F; 1/2 3,731.97 5 Conway Drive Residue Mechanicsburg,PA 17055-6194 2 Linda Pierce Daughter-in-Law 1/2 Schedule F 3,731.97 5 Conway Drive Mechanicsburg,PA 17055-6194 3 Carol Craig Daughter 1/2 Residue 0.00 1335 45th Street Des Moines,IA 50311 Enter dollar amounts for distributions shown above on lines 15 through 18 on 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 B.CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART 11-ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET 0.00 �;aof Pill ung Zvotament MARY C. PIERCE I , MARY C. PIERCE, of the County of Dallas, State of Iowa, ie ng.-4 mind_and_ .,,tr�emo.ry_,do_.,__her, by_make,__.publ declare this instrument to be my Last Will and Testament, hereby revoking any and all Wills, Testaments or Codicils by me heretofore made, in manner and form as follows : ARTICLE ONE SS It is my will that all of my legal debts, expenses of my last sickness and burial, and expenses of administration of my estate be paid as soon as possible by the representative of my estate at and after my death. ARTICLE TWO My husband, RALPH E. PIERCE, has predeceased me. We have ,two children, namely: GLEN A. PIERCE, now of Nappanee, Indiana; and CAROL BETH STILL, now of Des Moines, Iowa. LAST WILL AND TESTAMENT OF MARY C. PIERCE Page 2 ARTICLE THREE I direct my executors to distribute my tangible personal property as I have described in a dated list, letter, or written statement, handwritten or signed by me, that I may leave at my death. If my executors are unable to locate such writing within a reasonable time following my death, or if such writing does not effectively dispose of all my tangible personal property, I r bequeath the balance of all of my clothing, jewelry, automobiles, household furniture and furnishings, recreational equipment, and all other personal effects used by me about my person or home to my children, GLEN A. PIERCE and CAROL BETH STILL, in equal shares, in fee simple . ARTICLE FOUR I hereby give, will, devise and bequeath all of the rest, residue, and remainder of my property, real, personal or mixed, to my children, GLEN A. PIERCE and CAROL BETH STILL, to be theirs in equal shares, in fee simple. ARTICLE FIVE In the event any child of mine shall not survive me, it is my will that the share of my estate to which such child would have been entitled shall be distributed to his or her children LAST WILL AND TESTAMENT OF MARY C. PIERCE Page 3 living at my death, in equal shares . If such child shall leave no children surviving, then his or her share shall be distributed to my surviving child. ARTICLE SIX I hereby empower my Executors with the right and authority to. -Bell-any-property,. whether._ real.-or-per_sonal,.___which__I__.may - own. at the time of my death or which may be acquired thereafter by my executor, providing such executors shall deem such sale to be provident and advantageous to my estate, without the approval of Court being required and no bond shall be required of my executors upon any such sale of property. My executors shall be granted authority to distribute any or all of my personal property as is deemed appropriate by my executors, subject to the provisions of Article Three. ARTICLE SEVEN I hereby nominate and appoint my children, GLEN A. PIERCE and CAROL BETH STILL, to serve as Co-Executors of this, my Last Will and Testament, and request that they not be required to post or furnish bond for the faithful performance of their duties . LAST WILL AND TESTAMENT OF MARY C. PIERCE Page 4 ARTICLE EIGHT Throughout this Will the masculine gender shall be deemed to include the feminine, and the singular, the plural, and vice versa. IN WITNESS WHEREOF, I, the said MARY C. PIERCE, have subscribed my name to this, my Last Will and Testament, consisting of six (6) typewritten sheets of paper, including the attestation and verification clauses,. upon the margin of each of which I have also written my name at Dallas Center, Iowa, on this 7 th day of June, A.D. 2001 . MARY C. 'PIVRCE Subscribed, published, acknowledged and declared by the testator, MARY C. PIERCE, as, for and to be her Last Will and Testament, in our sight and presence, whereupon, at her request and in her sight and presence, and in the sight and presence of each other, we and each of us do sign our names as attesting witnesses this 7th day of June, 2001 . 7 � Lisa M. Howell WITNESSES : Karen M. Marean LAST WILL AND TESTAMENT OF MARY C. PIERCE Page 5 AFFIDAVIT STATE OF IOWA ss. COUNTY OF DALLAS We, the undersigned, MARY C. PIERCE, Lisa M. Howell and Karen M. Marean, the testator and the witnesses, respectively, - _-_ whose .-names.---are,- signed - to -the - foregoing--instrument,--.being _ fi-rst duly sworn, declare to the undersigned authority that said instrument is the testator' s Will and that the testator willingly g Y signed and executed such instrument as a free and voluntary act for the purposes therein expressed; that said witnesses, and each of them, declare to the undersigned authority that such Will was executed and acknowledged by the testator as the testator' s Will in their presence and that they, in the testator' s presence, at the testator' s request, and in the presence of each other, did subscribe their names thereto as attesting witnesses on the date of the date of such Will; and that the testator, at the time of the execution of such instrument, was of full age and of sound LAST WILL AND TESTAMENT OF MARY C. PIERCE Page 6 mind and that the witnesses were sixteen years of age or older and otherwise competent to be witnesses . MARY C. IERCE - — ----_ - - - -- _--- -------` i .a_N!: Dallas Center, Iowa Karen M. Marean Grimes, Iowa Subscribed, sworn and acknowledged before me by MARY C. v PIERCE, the .testator; and subscribed and sworn before me by Lisa y M. Howell and Karen M. Marean, witnesses, this 7th day of June, A.D. 2001 . Ralph R. Brown, Notary Public in and for the State of Iowa � RALPH R.BROWN • n E* 242000 Performance Checking Statement � PNCBANK PNC Bank Primary account number: 50-0583-2984 Page 1 of 2 For the period 03/14/2014 to 04/11/2014 Number of enclosures: 0 MARY C PIERCE 2 For 24-hour banking,and transaction or GLEN A PIERCE interest rate information,sign-on to LINDA M PIERCE PNC Bank Online Banking at pnc.com 5 CONWAY DR For customer service call 1-888-PNC-BANK MECHANICSBURG PA 17055-6194 Monday-Friday:7 AM-10 PM ET Saturday&Sunday:8 AM-5 PM ET Para servicio en espanol,1-866-HOLA-PNC Moving? Please contact us at 1-888-PNC-BANK Write to: Customer Service PO Box 609 S Pittsburgh,PA 15230-9738 R Visit us at pnc.com cl TDD terminal:1-800-531-1648 For hearing impaired clients only Performance Checking Mary C Pierce Glen A Pierce Interest Checking Account Summary Linda M Pierce Account number. 50-0583-2984 Overdraft Protection has not been established for this account. Please contact us if you would like to set up this service. Overdraft Coverage -Your account is currently Opted-Out You or your joint owner may revoke your opt-in or opt-out choice at any time. To learn more about PNC Overdraft Solutions visit us online at pnc.com/overdraftsolutions. Call 1-877-588-3605,visit any branch,or Sign on to PNC Online Banking,and select the"Overdraft Solutions"link under the Account Services section to manage both your Overdraft Coverage and Overdraft Protection settings. Balance Summary Beginning Deposits and Checks and other Ending balance other additions deductions balance 3,361.95 1,002.76 2,186.75 2,177.96 Average monthly Charges balance and fees 2,545.19 .00 Transaction Summary Checks Check Card POS Check Card/Bankcard paid/withdrawals signed transactions POS PIN transactions 3 0 0 Total ATM PNC Bank ATM Other Bank ATM transactions transactions transactions 0 0 0 Interest Summary As of 04/11,a total of$.10 in interest was paid this year. Annual Percentage Number of days in Average collected Interest Paid Yield Earned(APYE) interest period balance for APYE this period 0.01% 29 2,545.19 .02 Activity Detail Deposits and Other Additions There were 3 Deposits and Other Date Amount Description Additions totaling$1,002.76. 03/31 263.74 Direct Deposit-Ipers Mthl ST OF IA- IPERS 68872120 Deposits and Other Additions continued on next page Premium Money Market Statement PNCBANK PNC Bank Primary account number: 50-0515-0908 Page 1 of 2 For the period 01/15/2014 to 04/11/2014 Number of enclosures: 0 MARY C PIERCE For 24-hour banking,and transaction or GLEN A PIERCE interest rate information,sign-on to LINDA M PIERCE PNC Bank Online Banking at pnc.com 5 CONWAY DR For customer service call 1-888-PNC-BANK MECHANICSBURG PA 17055-6194 Monday-Friday:7 AM-10 PM ET Saturday&Sunday:8 AM-5 PM ET Para servicio en espanol,1-866-HOLA-PNC Moving? Please contact us at 1-888-PNC-BANK ® Write to: Customer Service PO Box 609 Pittsburgh,PA 15230-9738 Visit us at pnc.com TDD terminal:1-800-531-1648 For hearing impaired clients only Premium Money Market Account Summary Mary C Pierce Glen A Pierce �Abcount number: 50-0515-0908 ' ""` Linda M Pierce Overdraft Coverage -Your account is currently Opted-Out. You or your joint owner may revoke your opt-in or opt-out choice at any time. To learn more about PNC Overdraft Solutions visit us online at pnc.com/overdraftsolutions. Call 1-877-588-3605,visit any branch,or Sign on to PNC Online Banking,and select the"Overdraft Sotutions"link under the Account Services section to manage both your Overdraft Coverage and Overdraft Protection settings. Balance Summary Beginning Deposits and Checks and other Ending balance other additions deductions balance 36,254.80 6.92 .00 36,261.72 Average monthly Charges balance and fees 36,259.48 .00 Interest Summary As of 04/11,a total of$9.54 in interest was paid this year. Annual Percentage Number of days in Average collected Interest Paid Yield Earned(APYE) interest period balance for APYE this period 0.08% 87 36,257.18 6.92 Activity Detail Deposits and Other Additions There were 3 Deposits and Other Date Amount Description Additions totaling$6.92. 02/13 2.39 Interest Payment 03/13 2.22 Interest Payment 04/11 2.31 Interest Payment Daily Balance Detail Date Balance Date Balance Date Balance Date Balance 01/15 36,254.80 02/13 36,257.19 03/13 36,259.41 04/11 36,261.72 Are you making the most of your retirement planning opportunities? Make the most of your opportunities with our help. Start by funding an individual retirement account ("IRA"). 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