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HomeMy WebLinkAbout12-12-14 (3) � 1505610143 REV-1500 EX(02-11) � PA De artment of Revenue OFFICIAL USE ONLY P pennsylvania County Code Year File Number Bureau of Individual Taxes DEPARTMENTOFREVENUE Po Box.2soso� INHERITANCE TAX RETURN 21 14 0317 Harrisburg,PA 17128-0601 RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death Date of Birth 03 25 2014 06 10 1926 DecedenYs Last Name Suffix DecedenYs First Name MI DELPINO OLGA (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 � �, Original Return � p. Supplemental Return � g. Remainder Return(Date of Death Priorto 12-13-82) � q, Limited Estate � 4a. Future Interest Compromise � 5. Federal Estate Tax Return Required (date of death after 12-12-82) �X� 6 Decedent Died Testate � Z (AtlacheCoMaiof Trus�t a Living Trust g. Total Number of Safe Deposit Boxes � (Attach Copy of Will) PY ) � �, � �Q Spousal PovertV Credit Date of Death � �� Election to tax under Sec.9113(A) g. Litigation Proceeds Received belween 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 MICHAEL L BANGS 717 730 73� � � �„� �1 REG�fE�OF WIL�US�N� !"1'1 � i"� C'� (n �? First Line of Address r��- .��'`,.' � � rry C�ry 429 SOUTH 18TH STREET -""' � ;� � � _ ��, ca c�s Second Line of Address � <=? �r'�j � � -�ry . �7 f"'► �=. C� "'� �ATE FI� r rn City or Post Office State ZIP Code � � CAMP HILL PA 17011 CorrespondenYs e-maii address: mikebangs@verizon.net Under penalties of perjury,I deciare that I have examined this return,including accompanying schedules and statements,and to the best of my knowledge and belief, it is true,correct and complete.Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge. SIGNA RE OF PERSON RESPONSI ��LING RE� DATE Ileana D. Newkam 1 a � ADD ESS 3825 Conestoqa Road Camp Hill, PA 17011 SIGNAT RE OF PREPARER OTHER THA REPRESENTATIVE DATE , ��,�,�if�( � -� Michael L. Bangs /� i� �y ADDRESS . 429 South 18th Street, Camp Hill, PA 17011 Side 1 • � � 1505610143 1505610143 � \� � 1505610243 REV-1500 EX DecedenYs Social Security Number Decedent'sName: D@IPI110� Olga RECAPITULATION 1. Real Estate(Schedule A)....................................................................................... 1. 2. Stocks and Bonds(Schedule B)............................................................................. 2. 4 H , 7 95 . 7 3 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. 41 ,252 . 71 6. Jointly Owned Property(Schedule F) ❑ Separate Billing Requested............ 6. 23 , 514 . 40 7. Inter-Vivos Transfers&Miscellaneous�nq Probate Property (Schedule G) U Separate Billing Requested............ 7. 51 ,257 . 46 g. Total Gross Assets(total Lines 1 through 7)........................................................ g. 164 , 820 . 30 9. Funeral Expenses and Administrative Costs(Schedule H).................................... 9. 16,2 0 7 . 7 6 10. Debts of Decedent,Mortgage Liabilities and Liens(Schedule I)............................ 10. 13 9 . 13 11. Total Deductions(total Lines 9 and 10)................................................................ ��. 1 G, 3 4 6 . 8 9 12. Net Value of Estate(Line 8 minus Line 11).......................................................... 12. 14 8 , 4 7 3 . 41 13. Charitable and Governmental BequestslSec 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. 14 H � 4 7 3 . 41 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. � . �0 16. Amount of Line 14 taxable 148 , 473 . 41 �6. 6, 681 . 30 at lineal rate X .045 17. Amount of Line 14 taxable at sibling rate X.12 � . �� 17. 0 . 0 0 18. Amount of Line 14 taxable at collateral rate X.15 � . 0� 18. � . �� 19. TAX DUE................................................................................................................ 19. 6� 681 . 30 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 21-14-0317 Decedent's Complete Address: DECEDENT'S NAME DelPino, Olga STREET ADDRESS 2100 Bent Creek Blvd. CITY STATE ZIP Mechanicsburg PA 17050 Tax Payments and Credits: 1. Tax Due(Page 2, Line 19) (1) 6,681.30 2. Credits/Payments A. Prior Payments B. Discount 0.00 Total Credits(A +B) (2) 0.00 3. Interest (3) q. 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) 6,68�.30 , Make C�heck Pa��rable to{ AREGISTER OF WI�LLS, AGENT¢ f��� "-..���«� :��.�.�.��*,- r .. . . .a.. _. .. .b ;�,.. �.a...k. �.r :u .. . w. .•� .., ` . _...,. a.., . t ..��� PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No a. retain the use or income of the property transferred:............................................................................... ❑ ❑x b. retain the right to designate who shall use the property transferred or its income:.................................. ❑ ❑x c. retain a reversionary interest;or............................................................................................................... ❑ ❑x d. receive the promise for life of either payments,benefits or care?............................................................ ❑ �x 2. If death occurred after Dec. 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration?.................................................................................................................... ❑ � 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?.................................................................................................................. ❑X ❑ IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES,YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. ,,;�a�+�. ,r";','�'`,,�m ...a�3,:��..�, ..�. _ £_ `.;�a�5! i,�'i":;.x,�..�� .�:,.x .,§�',''�'§.,,�, •.�� w,T.c� .. ,�. _.,„;`,,�.`,;� '�'"'... . _ . _ � , r,,.��'�i°���_.....� .,.�`g�h ". For dates of death on or after July 1, 1994 and before Jan. 1, 1995,the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3 percent[72 P.S.§9116(a)(1.1)(i)]. For dates of death on or after January 1, 1995,the tax rate imposed on the net value of transfers to or 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 decedenYs lineal beneficiaries is 4.5 percent,except as noted in [72 P.S.§9116(a)(1)1. . The tax rate imposed on the net value of transfers to or for the use of the decedenYs 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-1503 EX+(6-98) SCHEDULE B STOCKS & BONDS COMMONWEALTH OF PENNSVLVANIA INHERITANCE TAX RETURN RESIDENTDECEDENT ESTATE OF FILE NUMBER DelPino, OI a 21-14-0317 All property jointly-owned with right of survivorship must be disclosed on Schedule F. ITEM CUSIP VALUE AT DATE NUMBER NUMBER DESCRIPTION UNIT VALUE OF DEATH 1 1,322.736 shares of Public Service Enterprise Group, Inc. 36.89 48,795.73 TOTAL(Also enter on Line 2, Recapitulation) 48,795.73 (If more space is needed,additional pages of the same size) Copyright(c)2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule B(Rev.6-98) Rev-1508 EX+(11_10) SCHEDULE E pennsylvania CASH, BANK DEPOSITS, & MISC. DEPARTMENT OFREVENUE p E RS O NAL P RO P E RTY INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER DelPino, Olga 21-14-0317 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 VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1 Bank of America-Money Market Savings 8,515.44 2 Bank of America-Certificate of Deposit 4708 13,777.30 3 Bank of America-Certificate of Deposit 4716 18,959.97 TOTAL(Also enter on Line 5, Recapitulation) 41,252.71 (If more space is needed,additional pages of the same size) Copyright(c)2010 form software only The Lackner Group, Inc. Form PA-1500 Schedule E(Rev. 11-10) Rev-1509 EX+�01-10) pennsylvania SCHEDULE F DEPARTMENTOFREVENUE JOINTLY-OWNED PROPERTY INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER DelPino, Olga 21-14-0317 If an asset was made joint within one year of the decedent's date of death,it must be repoAed on schedule G. SURVIVING JOINT TENANT(S)NAME ADDRESS RELATIONSHIP TO DECEDENT A. Ileana D. Newkam 3825 Conestoga Drive Daughter 17011, PA B. C. JOINTLY OWNED PROPERTY: DESCRIPTION OF PROPERTY %OF DATE OF DEATH ITEM FOR JOINT MADE INUMB�ER 0 SEMILARNDEN TFY NG INUMIBERAATTACH 0 EDOFOR DATE OF DEATH DECD�S DECE ENT'S NTEREST NUMBER TENANT JOINT JOINTLY-HELD REAL ESTATE. VALUE OF ASSE INTEREST 1 A 02/11/1991 AmeriChoice-Savings Account 2,832.48 50.000% 1,416.24 2 A 11/12/2005 AmeriChoice-Checking account 12,904.37 50.000% 6,452.19 3 A 11/19/1991 AmeriChoice-Money Market 20,800.49 50.000% 10,400.25 4 A 10/29/2005 Fulton Bank-Checking Account 1,224.78 50.000% 612.39 5 A Savings Bonds 9,266.66 50.000% 4,633.33 TOTAL(Also enter on Line 6, Recapitulation) 23,514.40 (If more space is needed,additional pages of the same size) Copyright(c)2010 form software only The Lackner Group, Inc. Form PA-1500 Schedule F(Rev.01-10) Rev-1510 EX+(08-09) SCHEDULE G pennsylvania lNTER-VIVOS TRANSFERS AND DEPARTMENT OF REVENUE INHERITANCETAXRETURN MISC. NON-PROBATE PROPERTY RESIDENT DECEDENT ESTATE OF FILE NUMBER DelPino, OI a 21-14-0317 This schedule must be completed and filed if the answer to any of questions 1 through 4 on page three of the REV-1500 is yes. ITEM DESCRIPTION OF PROPERTY DATE OF DEATH %OF DECD'S EXCLUSION TAXABLE NUMBER THE DA E OF TRANSFERSATTACNTA COPYEOF THE DEED�OR REAL ESTATE. VALUE OF ASSET �NTEREST (IF APPLICABLE) VALUE 1 AmeriChoice-Traditional IRA-the DecedenYs two 0.00 0.00 grandsons are the beneficiaries of this account. 2 AmeriChoice-60 Month IRA Certificate-the 8,965.90 8,965.90 Decedent's two grandsons are the beneficiaries of thi account. 3 Bank of America-Retirement Investment IRA 7459- 24,672.18 24,672.18 the Decedent's daughter and two grandsons are all equal beneficiaries of this IRA. 4 Bank of America-Retirement Investment IRA 1806-th 17.619.38 17,619.38 DecedenYs daughter and two grandsons are all equal beneficiaries of this IRA. TOTAL(Also enter on Line 7, Recapitulation) 51,257.46 (If more space is needed,additional pages of the same size) Copyright(c)2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule G(Rev.08-09) REV-1511 EX+��O-09) pennsylvania SCHEDULE H DEPARTMENT OF REVENUE F U N E RAL EXP E N S ES AN D INHERITANCETAXRETURN ADMINISTRATIVE COSTS RESIDENT DECEDENT ESTATE OF FILE NUMBER DelPino, Olga 21-14-0317 � DecedenYs debts must be reported on Schedule I. ITEM DESCRIPTION AMOUNT M R q, FUNERAL EXPENSES: See continuation schedule(s)attached 2,662.00 B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Name of Personal Representative(s) Ileana D. Newkam Street Address 3825 Conestoga Road City Camp Hill State PA Zio 17011 Year(s)Commission Paid 6,500.00 2. Attornev's Fees Michael L. Bangs 6,500.00 3. Family Exemption: (If decedenYs address is not the same as claimanYs,attach explanation) Claimant Street Address City State Zip Relationshio of Claimant to Decedent 4. Probate Fees 308.50 5. AccountanYs Fees 6. Tax Return Preparer's Fees 7. Other Administrative Costs 237.26 See continuation schedule(s) attached TOTAL(Also enter on line 9, Recapitulation) 16,207.76 Copyright(c)2009 form software only The Lackner Group,Inc. Form PA-1500 Schedule H(Rev. 10-09) SCHEDULE H FUNERAL EXPENSES AND ADMINISTRATIVE COSTS continued ESTATE OF FILE NUMBER DelPino, Olga 21-14-0317 ITEM NUMBER DESCRIPTION AMOUNT Funeral Ex en nses 1 Myers-Harner Funeral Home, Inc. 2,662.00 H-A 2,662.00 Other Administrative Costs 2 Cumberland Law Journal-estate advertisement 75.00 3 The Patriot News-estate advertisement 162.26 H-B7 237.26 Copyright(c)2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H(Rev.6-98) Rev-1512 EX+(12-OS) SCHEDULE 1 pennsylvania DEBTS OF DECEDENT, DEPARTMENT OF REVENUE INHERITANCETAXRETURN MORTGAGE LIABILITIES AND LIENS RESIDENT DECEDENT ESTATE OF FILE NUMBER DelPino, Olga 21-14-0317 Report debts incurred by the decedent prior to death that remained unpaid at the date of death,including unreimbursed medical expenses. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1 Alert Pharmacy 30.65 2 Gift&Associates-preparation of 2013 income tax returns 95.00 3 Housecalis RX 13.48 TOTAL(Also enter on Line 10, Recapitulation) 139.13 (If more space is needed,additional pages of the same size) Copyright(c)2008 form software only The Lackner Group, Inc. Form PA-1500 Schedule I(Rev. 12-08) REV-1513 EX+�07-70) pennsylvania SCHEDULE J DEPARTMENT OFREVENUE INHERITANCE TAX RETURN BENEFICIARIES RESIDENT DECEDENT ESTATE OF FILE NUMBER DelPino, OI a 21-14-0317 NAME AND ADDRESS OF RELATIONSHIP TO SHARE OF ESTATE AMOUNT OF ESTATE NUMBER PERSON(Sl RECEIVING PROPERTY DECEDENT (Words) ($$$) I� TAXABLE DISTRIBUTIONS [include outright spousal distributions,and transfers under Sec.9116 a 1.2 Bradley C. Lawson Grandson one-half 1229 Falls Creek Lane,#15 Charlotte, NC 28209 Courtney A. Lawson Grandson one-half 323 E.Chestnut Street Lancaster, PA 17602 Total Enter dollar amounts for distributions shown above on lines 15 throu h 18 on Rev 1500 cover sheet,as a ro riate. NON-TAXABLE DISTR�BUTIONS: II. A.SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN B.CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET Copyright(c)2010 form software only The Lackner Group,Inc. Form PA-1500 Schedule J(Rev.01-10) _ T _. ---_ - --- - --- - C � I � l i �� -- - _—_-.-�_-- �- �� � �. 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Q�.� � �' _ ,._._ - - - -- ��n .+ vo � � ��� 3 ,7 p m � �' � ' 'o o';o o�o,o -� -� � o 0 0 0 0 0 0 0 0, d l� � O C J�� CJ� ,p t�J I N N.� O (D O� �1 (T'A W W N '0 �� N � � � � � � � � � � a�p � �.�� ��" � � a N�NiIV N;NjN N O,O O'O O O O O O O Oi�•�'► Ol „�.. ' �! Oi010 0101,0 O � � � .� � � � � � � �,� ''�IfD O ,•��� 3�.��,' � � ,�'��,(��'.(�,�;���,(� ���� � �.�'�•�.� ��.����,Q� �', = '.. . w � sv ,�;c� _ ,��I o 0 � rn o �o 0 �,, a, '.. .� .� � 'rn' � _-------- — �° I.A � N BankofAmerica'�' June 19,2014 BANGS LAW OFFICE, LLC 429 SOUTH 18� STREET CAMP HILL, PA 17011 Regarding the estate of: OLGA DEL PINO Dear MIKE BANGS: Thank you for conta.cting us regarding the estate of OLGA DEL PINO. Listed below is the financial information you requested on the account(s) held in the name of the above referenced decedent as of the date of death of 03/25/2014: De osit Accounts: , :, - � .. . _-- ,� � �;. �- _: -��., . ;, , - _ , , . .. ���� . . . .� r" a. r�.�' S` 'r`;`�`�S-F�.�: {.+',Y i,... �.�..,w_f ,.S::-: .-.. . . :. . . . ... ._....._.. , . ,_ . ... . ,.. . . .. • _. Money Market Savings 1119 Balance at date of death: $8,515.44 Accrued interest: $0.17 Current balance: $8,S1b.09 Status: Open OPENED: 06/19/02 Title: OLGA DEL PINO POA* ILEANA D NEWKAM Certificate of Deposit (CD) 4708 Balance at date of death: $13,777.30 Accrued interest: $0.93 Current balance: $13,781.81 Status: Open OPEN: 02/07/02 Title: OLGA DEL PINO POA* ILEANA D NEWKAM Certificate of Deposit (CD) 4716 Balance at date of death: $18,959.97 Accrued interest: $9.37 Current balance: $19,005.40 Status: Open OPEN: 02/07/02 Title: OLGA DEL PINO POA* ILEANA D NEWKAM 00-59-2728NSBW V0913 BankofAn�erica� Retirement Investment(IRA) 7459 Balance at date of death: $24,672.18 Accrued interest: $20.91 Current balance: $24,746.25 Status: Open OPEN: 10/05/00 Title: OLGA DEL PINO Retirement Investment (IRA) 180b Balance at date of death: $17,619.38 Accrued interest: $5.64 Current balance: $17,639.37 Status: Open OPEN: 03/28/03 Title: OLGA DEL PINO Please also be advised that no Safe Deposit Box was found. Additional Information Please call the applicable toll-free number(s) listed betow for additional information: Consumer accounts: 1.866.406.8426 If you have any questions regarding the above referenced IRA, including beneficiary and account closure, please contact our CD/IRA unit toll-free at 1.888.827.1812. If you need additional assistance, such as obtaining statement copies or closing checking or savings accounts, please mail your written request to our legal correspondence center at the address below: Bank of America Enterprise Estate Unit PO Bog 982238 EI Paso, TX 74998-2238 00-59-2728NSBW V0913 BankofAmerica� If you have any qnestions regarding this letter, please call us at 1.803.832.7770, Option 7, Monday through Friday from 8 a.m. to 5 p.m. Eastern. Sincerely, Account Validation LJTA 00-59-2728NSBW V0913 �ilto�iBank � LISTENING IS JUST THE BEGINNING� May 16, 2014 Bangs Law Office LLC 429 S 18`" St Camp Hill PA 17011 Dear Mr. Bangs, RE: Olga Del Pino, deceased 3/25/2014 In response to your recent inquiry concerning the accounts maintained in the name of the decedent, please be advised that the following account was open at the:date of death: Checking#;622-22947, opened 8/30/02, date of death balance $1224.78, (accrued interest of.O1 would not have been payable had the account been closed on the date of death) .14 interest paid YTD of death, titled jointly with Ileana D Newkam since 10/29/OS. If you should have any further questions, please do not hesitate to contact me at 717-327-2497. Very truly yours, �� � �1���� �� April Billett • Credit Confirmation Processor �-�. � -� �,�' . . . ; .� . , _ - , 1.800.FULTON.4 • fultonbank.com Fulton Bank,N.A.Member FDIC. Member of the funor:Financlal FamNy. a � AmeriChoice � � F E D E R A L C R E D I T U N 1 O N � Bui(ding Relationships For Life May 15, 2014 Bangs Law Office, LLC 429 South 18�' Street Camp Hill, PA 17011 Re: Estate of Olga DelPino Attorney Bangs: The decedent had one member numbers, 23822, titled Olga DelPino, held jointly with Ileana D Newkam. Account 23822 Regular Savings (suffix 0001) —opened 02/] 1/1991; JT added 02%11!1991 Checking (suffix 0013) —opened 07/15/l 991; JT added 11/12/2005 Money Market (suffix OO l 8) —opened 1 I/OS/1991; JT added 11/19l 1991 Traditional IRA (suffix 0020) —opened 09/10/1991 60 Month IRA Certificate (suffix 0080) —renewed OS/11/2013 Date of death balances are as follows: Account 23822 Balance � Accrued Dividends (from 1/1 i 14 to DOD) 0001 - $ 2,832.48 . $ 0.60 ($0.24 unpaid) 0013 - $ 12,904.37 $ 0.00 0018 - $ 20,80a.49 � , $ 45.66 ($11.64 unpaid) 0020 - $ 0.00 � 0.00 0080 - $ 8,965.90 $ 38.06 ($11.25 unpaid) The above balances include only the paid dividends. Mrs. DelPino did not ha��e a safe deposit box with AmeriChoice. There are no outstanding loans against the ciecedent's account. I have included Mrs. DelPino's most recent statement for your records. Two checks have been issued from this account payable to Mrs. DelPino�s estate. The first one was issued on 4/8/2014 for �4,515.22 and the second one on 4/11/2014 for �37,863.80. I am waiting to receive direction on IRA disbursement. Please feel free to contact me directly with any.questions you may have. Sincerely, . � • Bonnie R. Seagraves, Operations Specialist Phone (717) 591-1282, Email bsea aves(aamerichoice.or� Main Office: ?175 Bumble Bee Hoilo�� Road • ,ti1echanicsburg, PA 170�5 •Phone: ���17� 69,'-34-� • Fax: ii l,'i 69�-3713 � Website: www.americhoice.org �� EQual � � � . .. .... � Opportunity LENDER �EN� (;REDITI:MONS- ��� � ���'��'� I, OLGA DEL PINO, of Lemoyne Borough, Cumberland County, Pennsylvania, declare this to be my last will and revoke any will previously made by me. ITEM I. I direct that all my just debts and funeral expenses, including my gravemarker and all expenses of my last illness, and any and all taxes and assessments imposed by any governmental body as a result of my death, whether on property passing under this will or otherwise, shall be paid from my residuary estate as soon as practicable after my decease as a part of the expense of the administration of my estate. ITEM II. I give and bequeath all of my household goods, automobiles,jewelry, and all other articles of household and personal use, equipment and ornament, together with all insurance thereon and relating thereto, in equal shares, to my grandsons, COURTNEY A. LAWSON and BRADLEY C. LAWSON, or to the survivor of them as survive my death by thirty(30) days. ITEM III. I give, devise, and bequeath all the rest, residue, and remainder of my possessions and estate of every nature and wherever situate, in equal shares to my grandsons, COURTNEY A. LAWSON and BRADLEY C. LAWSON, or to the survivor of them, as survive my death by thirty(30) days. ITEM IV. Should any beneficiary entitled to a share of my estate not have attained the age of twenty-five (25) years at the time for distribution to him, I devise and bequeath the share 1 of sucb beneficiary to my hereinafter named trustee, IN SEPARATE TRUSTS, to hold, manage, invest, and re-inves�t, the shares so received, and the accumulation of income thereon, and to use and apply from time to time such portion of income and principal thereof as my trustee thinks proper for the comfortable support, maintenance, health, welfare, and education of the beneficiary or to make payment for such purposes, without further responsibility, directly to such beneficiary, or directly to any person taking care of such beneficiary. Any principal or income not so applied shall be distributed to such beneficiary when he attains the age of twenty-five (25) years, or if he dies prior thereto, to his her personal representative. ITEM V. I appoint my daughter ILEANA D. NEWKAM Trustee of the trust or trusts created by this my last will. In addition to the other powers and authorities granted to my trustee by Pennsylvania Law and by the preceding paragraph of this my last will, I hereby give my trustee the following special powers and authorities: A. To retain any or all of the assets of my estate, real or personal (including any stock or securities of any corporate fiduciaries), without any regard to any principle of diversification, risk, or productivity; B. To invest and re-invest in all forms of property without restriction to investments authorized for Pennsylvania Fiduciaries, as my trustee deems proper, without regard to any principle of diversification, risk or productivity; G To sell at public or private sale, to exchange or to lease, for any period of time, any real or personal property and to give options for sales, exchanges, or leases, for such prices and upon such terms or conditions as my trustee deems proper and in the best interest of the beneficiary or beneficiaries of said trusts; 2 D. To alloc�at�e receipts and expenses to principal or income or partly to each as my m�.stee from time to time deems proper in iu sole discretion; E. To compromise any claim or controversy; F. To exercise any option, right, or privilege granted in insurance policies or in any other investments; G. My trustee may accumulate the income from this trust during the term thereof but may, from time to time, distribute from current income or from accumulated income or from principal such amounts as my trustee, in its sole discretion, deems advisable for the education, welfare, and comfort of the trust beneficiary. ITEM VI. All of the interests of the beneficiaries hereunder shall not be subject to anticipation or to voluntary or involuntary alienation nor shall they be subject to any execution or attachment. ITEM VII. I appoint my daughter ILEANA D. NEWKAM executrix of this my last will. ITEM VIII. In addition to the other powers and authorities granted to my personal _ representatives by Pennsylvania law and by the other terms and provisions of this will, I hereby give to my personal representatives the following powers and authorities effective without court approval and until actual distribution of all property: to compromise any claim or controversy; to make distribution in cash or in kind, or partly in cash and partly in kind, and in such manner as my personal representatives may determine and at valuations finally to be fixed by them; to invest in all forms of property, including any stock or other securities in any corporate fiduciary 3 or its �witfio�r�ricti�o�n�o inves�nerts a�o�iz�d for Peunsytvania fiduciaries, as my p�rsonal representa�ves de�m proper, vvithout r�gard to any principle of risk or diversification; to retain any or all assets of my estate, real ar personal, without regard to any principle of risk or diversification; to sell at public or private sale, to exchange, or to lease for any period of time, any real or personal property and to give options for sales, exchanges, or leases, for such prices and upon such terms or conditions as my personal representatives deem proper; and to allocate receipts and expenses to principal or income or partly to each as my persanal representatives deem proper in their sole discretion. ITEM IX. I direct that my personal representatives and fiduciaries shall not be required to give bond for the faithful performance of their duties in any jurisdiction. IN WITNESS WHEREOF, I have hereunto set my hand this ��r �� day of ��-t,-� � , 2006. , ;� , t� , C�\.. �K,� f �'ti'L�, OLGA EL PINO 4 7be p� �Ernmeet.oo�o�"ti�i.s aod FOL.TR ot�er typewritten pages, each identi.fied by the signawre of ttie te�rnc vv�as on tfie date tl�e�reof signed, published, and declared by OLGA DEL PINO, the testatrix therein named. as and for her last will, in the presence of us, who at her request, in her presence, and in the presence of each other, have subscribed our names as witnesses hereto. ������� 1 ;-. � - �� � ���� s �a�.�c�n�r�v� > t ss: COUNTY OF CUMB£RIAi�iD } The undersigned, being the t�trix w�ose�rne is signed w tfie ait�ched or foregoing instrument, having been duly qualified according to law,does hereby acknowledge that I signed and executed the foregoing instrument as my last will,that I signed it willingly; and that I sigued it as my free and voluntary act for the purposes therein expressed. � �i �-< . - � Gli ."'�.� � '!..?�(j OLGA • EL PINO - _ Swts�i�aff'irmed to and acknowledged �- _' `"�e�:� �by the trix named above _ ,_ this���day of � , 2006. - _ _`� +.� �• ^ I �� - �Pti lic R�'i.�:'::�' ��,��. - _ � _ � � c r�:�'r;,.�:'r:��y�+f f�t`�':C v.M.�+ ,,y �� �-1�t� �1�j .�vtJT;f�.'`"rv,fU�N�!�' tlfil COtTTit':S^�K;.l��$�+�'�10,x�'� COMMONWEALTH OF PENNSYLVANIA ) ( SS: COUNTY OF CUMBERLAND ) WE,�`�<<-Gu,z � L .�Q�-r and �_ ��Gc ��c� �� �(J 2�c�k-�z w( ,the wimesses whose names are signed to the attached or foregoing instrument, being duly qualified according to law,do depose and say that we were present and saw the testatrix sign and execute the instrument as her last will; that she signed it willingly 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 wimesses; and that to the best of our knowledge, the testatrix was at that time 18 or more years of age, of sound mind, and under no constraint or undue in u nce. • Z���� � -' � � _. � ��k�. � ���� y ��+i�or affirme d acknowledged � J . _ !��fnr�,- 's day of _ , 2006. ;- — - , = � � � �- ` r; ; � � i� `�r - ~ �i1��1C - �.-�-n«-. . � - -- � — �' `" a ,��. ��, � — � � �J{ \� t�4 . 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