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Home My WebLink About02-1090__ f- o Ll1 1 ~ ~M <L Ii ~ Mr +~ t- (r~ 11: M' ~ p:]u1~M~ CL--'~ V if ~ ~M o L~nr o~ ~ ~o p i (~ !-; ,y .J '~ ~ 1 ~~= i ~~~ M r~ 0 ~~~_~ r~~ _=--" e ~~ W~ ~, .r, ~I en ~~ zl~ o ~ AA~~ ' ~~ Vv V \1 - ~ w m ~_ o ~,°a ,""~ . _ -~ m ~- ~~ ~ _ a 4 ..~~ ~ pp ~~~'; LMyca m ~~~ ~ o ~, '' ~ M ~ 3 ~ ~ ~ ~ 0 ~ ~ " ^, `o ~ O '~ ~ ~~ o Q ~ V1 , Lr, ~ t, ~ P-~ ~ C~ ~ °' o o O y ~ ~ ~ ~ p., ~ p ~ O ~+ 3 N cad ~ ~', i~r ~ .a ..a ~ ~ c ~ _ _ ~ c U ~ ~U~U= - ~ - - Lawrence F. Hinnenkamp Attorney at Law 227 North Duke Street Phone 717-394-8221 P.O. Box 1515 Lancaster, PA 17608-1515 Facsimile 717-394-8111 December 03, 2002 Register of Wills ~/ ~a ~~ Courthouse 1 Courthouse Sq. Carlisle, PA 17013-3387 VIA CERTIFIED MAIL -RETURN RECEIPT REQUESTED -ARTICLE # 7099 3400 0012 4384 0538 RE: Esther K. Miller, REV-346, REV-1500 Dear Sir or Madam: Enclosed are the following documents filed with respect to the above-referenced decedent: I. Form REV-346, Estate Information Sheet; and IL Form KEV-1500, Inheritance Tax Return, Resident Decedent. Please contact me if you have questions or require additional information. Thank you for your attention to this matter. Best regards, Yours ver ly, Lawre .Hinnenkamp Enclosures (As Stated) ~-~ cc: Joseph A. Miller (without enclosures) Stephen C. Minana (without enclosures) , ,. ".,~ .~---""_o:,~~" COMMONWEALTH OF PENNSYLVANIA " ,i' DEPARTMENT OF REVENUE , , ' DEPT 280601 ' HARRISBURG. PA 17128-0601 j/-/05- II REV-1500 i)FFIC'iAL USE': ;')N(Y INHERITANCE TAX RETURN RESIDENT DECEDENT FILE NUMBER C~-IooE - -L?EA,4 - J.,/l- !ilL SOCIAL SECURITY NUMBER 204 - 03 - 8085 I- Z W C W U W C DECEDENrs NAME (LAST. FIRST. AND MIDDLE INITIAL) Miller, Esther K. DATE OF DEATH (MM.DD-YEAR) DATE OF BIRTH (MM-DD.YEAR) 09 04 2002 08 21 1923 (IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST. FIRST. AND MIDDLE INITIAL) Miller, Paul A. w '"' ~~(fJ u"'''' w"U ,,00 u"'... ..", .. " ~ 1. Original Retum o 4. Limited Estale C8J 6. Decedent Died Testate (AlIach copy of WiN) o 9. Litigation Proceeds Received THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS SOCIAL SECURITY NUMBER o 2. Supplemental Return o 4a. Future Interest Compromise (date 01 dealh afler 12-12-62) ~ 7. Decedent Maintained a living Trust (Attach copy of Trust) D 10. Spousal Poverty Credit (date of dsath belweel1 i2-31-91 and 1-1-95) D 3. Remainder Retum (dale of dealh prior to 12-13-82) o 5, Federal Estate Tax Return Required -.2.. 8. Total Number of Safe Deposit Boxes o 11. Election to tax under Sec. 9113(A) (Attach Sch O} '"' Z LLI NAME ~ Lawrence F. Hinnenkamp, Attorney at Law o 2; FIRM NAME (II Applicable) w '" ~ TELEPHONE NUMBER u 717-394-8221 z o S :::> !:: a. <C U W 0:: z o ~ I- :::> a. :s o u >< ~ 1. Real Estate (Schedule A) 2. Stocks and Bonds (Schedule B) 3 Closely Held Corporation, Partnership or Sole-Proprietorship 4. Mortgages & Notes Receivable (Schedule 0) 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) 6. Jointly Owned Property (Schedule F) o Separate Billing Requested 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (Schedule G or L) 8. Total Gross Assets (total Unes 1-7) 9. Funeral Expenses & Administrative Costs (Schedule H) 10 Debts of Decedent. Mortgage Liabilities. & Liens (Schedule I) 11. Total Deductions (total Lines 9 & 10) 12. Net Value of Estate (Line 8 minus Line 11) COMPLETE MAILING ADDRESS 227 North Duke Street P.O. Box 1515 Lancaster, PA 17608-1515 (1) (2) (3) (4) (5) (6) (7) 414,554 (9) (10) 11,475 403,079 338,420 13. Charitable and Governmental Bequests/See 9113 Trusts for which an election to tax has not been made (Schedule J) 64,659 14. Net Value Subject to Tax (Line 12 minus line 13) SEE INSTRUCTIONS ON REVERBE SIDE FOR APPLICABLE RATES 5,000 X.O_ (15) 59,659 "o~ (16) x.12 (17) x.15 (18) (19) o 2,685 o o 2,685 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 (a)(1.2) 16. Amount of Line 14 taxable at lineal rale 17. Amount of Line 14 taxable al sibling rate 18. Amount of line 14 taxable at collateral rate 19. Tax Due CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT 200 j~cedEtnt's Complete Address: ST.'aEET I\DQBESS 3elhany V i\~age 125 Wesley Drive ~~\)'hanicsburg T~XTE I J%55 fax Payments and Credits: I. Tax Due (Page Hine 19) !. CreditslPayments A. Spousal Poverty Credit 8. Prior Payments C. Discount (1) 2,685 134 Total Credits (A + 8 + C ) (2) 134 l. InterestlPenalty if applicable D. Interest E. Penalty TotallnteresUPenally ( D + E ) (3) I. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Check box on Page 1 Line 20 to request a relund (4) 5. II Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) NONE 2,551 8. Enter the total 01 Line 5 + SA. This is the BALANCE DUE. (SA) (58) A. Enter the interest on the tax due. 2,551 Make Check Payable to: REGISTER OF WILLS, AGENT m!liilllllllllmlllllll!mlllllllllllllilffll_lliIIIIIIIIlIlIIfiImimi!lli!llllllllmlmilllJ!lllII!iL~lIIlIIiIlmiilllllllllllBli!llll!l!IIIWI!I!llIII1IU1ll11111li!1!111illlllllllllllllllilllllll_lIII_ PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transler and: Yes No a. retain the use or income of the property transferred; ................................ .............................................. [8J 0 b. retain the right to designate who shall use the property transferred or its income; .... ....................................... 0 [8J c. retain a reversionary interest; or.. .......................................... ............................................................... ............ 0 [8J d. receive the promise for life of either payments, benefits or care? ...................................................................... 0 [8J 2. If death occurred after December 12, 1982, did decedent transfer property wnhin one year 01 death without receiving adequate consideration? ................. ................................................................................... [8J 0 3. Did decedent own an "in ~ust for' or payable upon death bank account or security at his or her death? .............. 0 [8J 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? . . ................. .................. ............ ....................................... 0 [8J IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. Under penalties of peQwy, I declare 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 af pre parer other than the personal representative is based on all information of which pre arer ha any knowledge. ADDRESS 307 Walnut Street, Lern SIGNATURE OF PRER II 04 f\- SIGNATURE OF PERSON RESPONSIBLE FOR FILING RETURN e, PA 17043 HER THAN REPRESENTATIVE ADDRESS 227 North Duke treet, P.O. Box 1515, Lancaster, PA 17608-1515 I_WIIiIIIIIIII_IlIJIlIIW_lIIIIIIIIiIlIIflilllil!lliIIlllIUlIlliII!!i"i'liilllillliliili'liililililillflil'iliIIIIUliilii',lilliiII1JllllIIlIilUl!lill!!lii!illl,I,..llil!ill!lliliillUlliilliIIliHlIUlm lil1Jllllllllil1JllllliMlIlIIfiIiII_IIIIIIIII_1I!I1lII! For dates of death on or after July 1, 1994 and before January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3% [72 P.S. ~9116 (a) (1.1) (i)l. For dates of death on or afler January 1, 1995, the tax rate imposed on Ihe net value of transfers to or for the use of the surviving spouse is 0% [72 P.S. ~9116 (a) (1.1) (ii)]. The statute does not exemot a transfer to a surviving spouse from tax, and the statutory requirements for d;sdosure 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 translers from a deceased child twenty-one years of age or younger at death to or for the use of a natural parent, an adoptive parent, or a stepparent ofthe child is 0% [72 P.S. 99116(a)(1.2)1. The tax rate imposed on the net value oftranslers to or for the use 01 the decedent's lineal beneficianes is 4.5%, except as noted in 72 P.S, ~9118(1.2) [72 P.S, 99116(a)(1)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 12% [72 P.S. 99116(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. DATE II) ~/,z... 'REV_1500EXt(~-97.)(I).. . , , , COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY ESTATE OF Miller, Esther K. FILE NUMBER Include the proceeds of litigation and the dale the proceeds were received by the eslate. All property jointly.owned with the right of survivorship must be disclosed on Schedule F. ITEM NUMBER 1. DESCRIPTION VALUE AT DATE OF DEATH Wedding band and engagement ring 5,000 TOTAL (Also enter on line 5, Recapitulation) $ (If more space IS needed, insert additional sheets of the same size) 5,000 'REV_1510EXfl~-971(1).... , 1 '. . , , COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE G INTER-VIVOS TRANSFERS & MISC. NON-PROBATE PROPERTY ESTATE OF Miller, Esther K. FILE NUMBER This schedule must be completed and filed if the answer to any of questions 1 through 4 on the reverse side of the REV-1500 COVER SHEET is yes. DESCRIPTION OF PROPERTY % OF DECDS ITEM INCLUDETHENAMEOfTHETRANSFEREE,THEIRRELATIONSHIPTODECEDENTAND"Il-IE DATE OF TRANSFER DATE OF DEATH INTEREST EXCLUSION TAXABLE VALUE '"MRFR ATTACH A copy OFTHEDEED FOR REAL ESTATE. "OOFT "' 1. Esther K. Miller Revocable Trust. see statement from Waypoint Bank, 349,895 100.00% 349,895 Trustee, attached 2. Gift to son Joseph A. Miller 22,571 100.00% 3,000 19,571 3. Gift to son and daughter-in-law, Gregory and Janice Miller 29,088 100.00% 6,000 23,088 4. Gift to daughter, Marcia Lentz 20,000 100.00% 3,000 17,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TOTAL (Also enter on line 7, Recapitulation) $ 409,554 .. (If more space IS needed, Insert additional sheets of the same size) 'Investment Detail: Print Version 1J'\(loIO'V ()Or[) v~\ r4.. Page 1 of2 'IWaYRqirJ R!ttum to Investment Detail Paae (Thil i. . printable ~. only. Click on the Return link to continue your current tranuction.) 10-50p-2OO2 9:10 AM ET INVESTMENT DETAIL ESTHER K. MILLER TRUST MB1023RT - _ Name CUrrent Quantity Current o.te PriOMt CUrrent Tol.IICCIl Unrealized _10 Type AJloc Price Value GolrVLo. SEI UQUIO ASSET PRIME C..h OBUG FO #12 8.9% 31,288.0200 100.QO(lQ% Qt;.Sep-2OO2 $31,288.02 $31,288.02 $0.00 Prln. Ticker:12 _10:783_ SEI INSTl LARGE CAJP VALUE Dom Eq FUND #80 7.1% 1,833.3650 15.1100 05-5ep-2002 $24,778.00 $28,303.98 ($1,525.98) Prln. Ticker:60 """'" 10:783925100 SEI INSTl MGO LARGE CAP Dom Eq GRWTH FO #57 2.9% 751.8820 13.7100 Qt;.Sep-2002 $10,305.29 $28,000.00 ($15,894.71) Prln. T1cker:57 _ 10:783925682 SEI INSTl MGO SMAll CAJP Dom Eq GRWTH FO #87 0.3% 109.1700 10.1100 Qt;.Sep-2002 $1,110.26 $3,750.00 ($2,839.74) Prln. Ticker:67 _10:783925837 SEI INSTl MGO SMAJLl CAP Dom Eq VALUE FO #58 1.3% 311.0020 14.8100 Qt;.Sep-2002 $4,806.94 $4,186.24 $440,70 Prln. Ticker:58 _ 10:7839256ll8 ALLEGHENY CNTY PA 5.825% FIxeI Inc 1101/23 1.5% 5,000.??oo 102.3150% 3O./wg-2OO2 $5,115.75 $5,034.00 $91.75 Prln. T_r.ACP5823 """'" 10:017286DXO FFCB 5.100% 4i2IlI04 Flxd Inc 22.4% 75,000.??oo 104.4890% 3Q./wg-2002 $78,361.75 $75,032.10 $3.319.85 Prln. _10:31331LFS2 FHlB 8.995% 4102107 Flxdlnc 18.4% 50,000.??oo 114.5000% 3O./wg-2OO2 $57,250.00 $49,195.00 $7,455.00 Prln. _ 10:3133M04W8 FHlMC 6,220% 3/24103 Flxdlnc Tlcker:FHL8203 14.6% 50,000.??oo 102.5000% 3Q./wg-2002 $51,250,00 $50,384,13 $985,67 Prln. _10:313400TH8 FNMA MEO TERM NOTE Flxdlnc 5,280% 101061113 14.6% 50,000,??oo 103,8980% 3Q./wg-2002 $51,84ll,OO $50,493,50 $1,365.50 Prln. Tldalr.FM55203 _ 10:31384GBN8 FNMA MEO TERM NOTE Flxdlnc 6.080% 10J23J02 7.2% 25,000.??oo 100.5950% 3Q./wg-2002 $25,148.75 $24,833,50 $515.25 Prln. Tlc:ker.FMT8002 _ 10:31384FEUl FRAJNKLIN TEMPLETON IntlEq FOREIGN FUND #104 0.8% 237.3690 8.6100 Qt;.Sep-2002 $2,043.88 $2,488.80 ($443.14) Prln. T1c:ker:TEMFX _ 10:880198209 SEI INTERNATIONAL EQUITY IndEq FUND A #95 0.4% 178.4290 7.4900 Qt;.Sep-2002 $1,321.45 $2,500.00 ($1,178.55) Prln. T1cker:95 _10:78411Rl09 SEIINTL EMERGING MRKTS IndEq EQTY FO #87 1.2% 599.0420 7.0500 Qt;.Sep-2oo2 $4,223.25 $7,500.00 ($3,278.75) Prln. T1c:ker:97 _10:78411R703 T ROWE PRICE IndEq INTERNATlONAl STOCK #37 0.4% 139.8980 8.9900 05-5ep-2oo2 $1,255.89 $2,242.24 ($988.36) Prln. Ticker:PRITX _ 10:11956><203 Cash 8.9% $31,288.02 $31,288.02 $0.00 Dom Eq 11.6% $40,799.49 $80,219.22 ($19,419.73) https:/ /WWW .account3000_corn!waypointlaccount3000.asp?WCI=wilnvestDetaiIPrint&Sort... 9/10/2002 ~1Vestrnent Detail: Print Version Page 2 of2 t .~ Inc 76.9% 2.6% 100.0% $268,965.25 5255,352.23 $13,613.02 $6.644.25 $14,729.04 ($5,684.79) $$4....ll.O1 $361,566.51 ($11,1".50) IntlEq TOTALS Report Option. AHet Ty~ : C..h, Cuh & Equtvalem.. Domelltlc Equity. Fixed Income. Intematlonal Equtty,lnt.matlonal Find Income, Other o.ta Current AI; Of: otIO!II2OO2 BmummJovl!latment 0etII1I Paoe (ThIs II a text only printable page. Click on the Return link to continue your Q.lrrent lranaaalan.) https:llwww.account3000.comlwaypointlaccount3000.asp?WCI=wiInvestDetaiIPrint&Sort... 9/1012002 ,REV-151lEX t (1~97)(1) SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Miller Esther K. Debts of decedent must be reported on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1. Miller Funeral Home 7,193 Luncheon, Minister, Organist, etc. 450 Headstone 2,832 B. ADMINISTRATIVE COSTS: 1. Personal Representative s Commissions Name of Personal Representative (5) Social Security Number(s) I EIN Number of Personai Representalive(s) Street Address City State Zip Year(s) Commission Paid: 2. AUorney Fees 1,000 3. Family Exemption: (If decedent 5 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 5 Fees 7. TOTAL (Also enteron line 9, Recapitulation) $ 11,475 (If more space IS needed, Insert additional sheets of the same size) REV1513Ex.n-97H1l.... , , , , COMMONWEALTH OF PENNSYLVANIA INHERITANCE TP\I.. RETURN RESIDENT DECEDENT ESTATE OF SCHEDULE J BENEFICIARIES FILE NUMBER M;lIo, RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE l. TAXABLE DISTRIBUTIONS (include outright spousal dislribullons) 1. Paul A. MIller Spouse 5,000 Bethany Village 325 Wesley Drive Mechanicsburg, P A 17055 2. Marcia Lentz Daughter 17,000 18 J 8 Silver Pine Circle Mechaniesburg, P A 17055 3. Gregory J. and Janice Miller Son and daughter-in-law 23,088 5212 SW 9th Place Cape Coral. FL 33914 4. Joseph A. Miller Son 19,571 307 Walnut Street Lemayne, P A 17043 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 17, AS APPROPRIATE, ON REV 1500 COVER SHEET U. NON.TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNOER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MAOE 1. Family Trust established under 9 3.1 of Esther K. Miller Trust 338,420 B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS 1. TOTAL OF PART n. ENTER TOTAL NON-TAXABLE DISTRIBUTiONS ON LINE 13 OF REV 1500 COVER SHEET $ 338,420 (If more space IS needed, insert additional sheets of the same size) WILL OF ESTHER K. MILLER I, ESTHER K. MILLER, Township of Lower Allen, County of Cumberland, Commonwealth of Pennsylvania, declare this to be my last will and I revoke all earlier wills and codicils. SECTION 1. My husband, PAUL A. MILLER, and I own as tenants by the entireties all the furniture, rugs and other household effects situate in or about our home. SECTION 2. If my husband survives me I give my tangible personal property to my husband. SECTION 3. If my husband does not survive me, I give to my children who survive so much of my tangible personal property as they may agree, in such shares as they determine, and the rest of such property shall be made a part of my general estate. SECTION 4. All the rest, residue and remainder of my estate I give to my trustees under the Agreement of Trust executed by me, prior to the execution of this Will, on the 19th day of November, 1998, to be administered in accordance with the terms of that Agreement and any amendment that I may make to it hereafter; provided, however, that in any instance where a share . , in the principal or income of my residuary estate would be distributable to a beneficiary under the aforesaid Agreement as soon as received by the trustees, my executors may make distribution directly to such beneficiary. SECTION 5. In the administration of my estate and any trust created in this will: 5.1 If not provided otherwise in any deed or will, all estate, inheritance, succession, and other death taxes payable by reason of my death, and penalties thereon, with respect to all property that is a part of my estate for death tax purposes, whether or not such property passes under this Will, shall be paid out of my estate as if it were an expense of administration, without apportionment or right of reimbursement or contribution from anybody. This provision concerning taxes does not apply to property that is a part of my estate only because it is qualified terminable interest property for federal estate tax purposes. 5.2 Withdrawals shall be made from an IRA or other qualified plan at least as rapidly as under the method of distribution in effect on Settlor's death or as required under Internal Revenue Code Section 401 (a) (9). 5.3 All references herein to children or descendants of mine or of any person shall include any child or descendant lawfully adopted as such either before, on or after the date hereof. - ,- 5.4 Anything to the contrary herein notwithstanding, any reference to children or descendants or issue of mine shall exclude DAPHNE MILLER and KELLY MILLER and any descendant of either of them. 5.5 If my husband and I die simultaneously or under circumstances that are such that the order of our deaths is uncertain, I direct that I shall be deemed to survive my husband irrespective of any provision of law establishing another presumption. 5.6 Before actual payment to a beneficiary, no interest in income or principal shall be assignable by the beneficiary or available to anybody having a claim against the beneficiary. 5.7 Income from any trust shall not be apportioned between a deceased income beneficiary and any succeeding beneficiary, and all income undistributed at the death of an income beneficiary shall be treated as if it had accrued after such death. 5.8 A fiduciary may make authorized distributions in cash or in kind. 5.9 The trustee at any time may terminate any trust if the value thereof is less than Fifty Thousand ($50,000.00) Dollars. On such termination the trustee shall pay the prlncipal and any accumulated income of the trust to the beneficiary or beneficiaries entitled at that time to the income therefrom in the proportions to which they were entitled to receive the income, and on such termination the rights of any other person -3- , , who might otherwise have an interest as a succeeding tenant or in remainder shall cease. 5.10 Any distribution to any person who is a minor or who is, in the fiduciary's opinion, disabled and unable to properly manage that person's funds, may be paid to that person's parent or guardian or to any person or organization caring for that person. In the case of a minor, the fiduciary may also appoint and pay the funds to a custodian for the minor under the Uniform Transfer or Gift to Minors Act of the state in which the minor resides. 5.11 If not terminated sooner, the trustee shall terminate any trust held by the trustee twenty-one (21) years after the death of the last to die of me, my husband, and such of my descendants as are living at the time of my death. On such termination the trustee shall pay the principal and any accumulated income of the trust to the beneficiary or beneficiaries entitled at that time to the income therefrom in the proportions to which they were entitled to receive the income, and on such termination the rights of any other person who might otherwise have an interest as a succeeding tenant or in remainder shall cease. 5.12 Without the approval of any court and without the authorization of any person, the trustee at any time may combine any trust with any other trust held by the trustee, whether created by me or another and whether created by will or deed, if -'-/- the terms of the trusts are then substantially similar and held for the benefit of the same beneficiary or beneficiaries. 5.13 A fiduciary may allocate receipts and expenses to income or principal or partly to each as the fiduciary shall determine from time to time in the fiduciary's discretion, and a fiduciary may also establish (or not establish) reserves or allowances for depletion or depreciation, in such amounts and at such rates (if any) as the fiduciary shall determine from time to time in the fiduciary's discretion, regardless of whether and to what extent income tax deductions are allowable in respect of such receipts, reserves, or allowances. SECTION 6. Any fiduciary appointed in this will, or any duly appointed successor, may exercise the powers given by law and those given by this will and, in addition thereto and without any order of court and in the discretion of such fiduciary, may: 6.1 Retain any property which at any time is a part of my estate, including stock in or obligations of a corporate fiduciary, regardless of risk or lack of diversification; 6.2 Invest and reinvest in any property without restriction to legal investments, including any common trust fund or proprietary mutual fund maintained by a corporate fiduciary and including stock in or obligations of a corporate fiduciary; 6.3 Exercise any option, right or privilege to subscribe for and purchase or acquire stock, bonds, notes, mortgages or - 5- other property, real or personal, including stock in or obligations of a corporate fiduciary, without responsibility for lack of diversification in consequence of so doing. 6.4 Vote securities, in person or by proxy, including stock in a corporate fiduciary, and in such connection delegate discretionary powers; 6.5 Repair, alter, improve or lease any property for any period of time, and give options for leases; 6.6 Retain any part or all of any business interest so long as the fiduciary considers it advisable to do so, and conduct, alone or with another or others, any business in which I am engaged or in which I have an interest at my death, with all the powers of an owner with respect thereto, including the powers to delegate discretionary duties to another or to others, to pay adequate compensation to any such person, to invest other property in such business, and to incorporate it or change its form; 6.7 Sell at public or private sale, for cash or credit, with or without security; exchange or partition property; and give options for sales or exchanges; 6.8 Borrow money from any person or entity, including the fiduciary, and mortgage or pledge any property. 6.9 Compromise or abandon claims; 6.10 Add to the principal of any trust created in this will any property received from any person by deed, will or in any -b- other way; and as to the trustee, receive proceeds of life insurance policies or other property before or after any distribution is made to the trustee by the executor; 6.11 Withdraw all or any part of an IRA, or fractional share of an IRA, designate a beneficiary of a trust to receive any remaining payments directly, or delegate to a beneficiary of a trust the right to withdraw at any time all or part of an IRA, or fractional share of an IRA; 6.12 Disclaim any interest which might otherwise be transferred or distributed to me from any other person, estate, trust, or other entity; and, 6.13 Retain investment counsel at the expense of the estate or trust. SECTION 7. Concerning fiduciaries: 7.1 No fiduciary, and no duly appointed successor, shall be required to give or enter into any bond or security in any jurisdiction. 7.2 A corporate fiduciary shall be compensated periodically in accordance with the schedule of compensation of the fiduciary currently in effect when the services are performed. 7.3 A fiduciary may make court accounting, but the approval of an account by the then current beneficiary or beneficiaries, or in the case of a minor beneficiary by a parent of the minor, shall be a full discharge of a fiduciary. When there is another -7- fiduciary, no accounting shall be required of an individual fiduciary or such fiduciary's personal representative because of the fiduciary's death or resignation as a fiduciary. 7.4 The word "fiduciary" in this will includes an executor, a trustee and a guardian; unless the sense is otherwise, each of these words includes its plural. A male form of pronoun includes the female. SECTION 8. I appoint my husband, PAUL A. MILLER, executor of this will. If my husband for any reason whatsoever, is unable or unwilling to serve as executor or, having qualified, is unable or unwilling to continue to serve, I appoint my son, JOSEPH A. MILLER, as alternate or successor executor. If my son for any reason whatsoever, is unable or unwilling to serve as executor or, having qualified, is unable or unwilling to continue to serve, I appoint HARRIS SAVINGS BANK as second alternate or successor executor. IN WITNESS WHER80F, I have hereunto set my hand and seal this 19th day of November, 1998. / ! 8STH8R K. MILL8R (S8AL) -s- " Signed, sealed, published and declared by the above as and for a last will in the presence of us, who have hereunto subscribed our names as witnesses at the request and in the presence of the above and in the presence of each other. <:~. ~\:J\.. ~[~ ~''''''''''''''Z ~ .~-- \""---/ -"l- STATE OF PENNSYLVANIA 53: COUNTY OF LANCASTER I, ESTHER K. MILLER, having been duly qualified according to law, acknowledge that I signed the foregoing instrument as my will, and that I signed it as my free and voluntary act for the purposes therein expressed. \, '; r ~ ' ,1-:,.,'11.. t' feLLii,. ESTHER K. MILLER We, having been duly qualified according to law, depose and say that we were present and saw ESTHER K. MILLER sign the foregoing instrument as her will; that she signed it as her free and voluntary act for the purposes therein expressed; that each of us in her sight and hearing and at her request signed the will as witnesses; and that to the best of our knowledge she was at that time 18 or more years of age, of sound mind and under no constraint or undue influence. Subscribed, sworn to or affirmed, and acknowledged before me by the above- named testator and by the witnesses whose names appear opposite on /Y'''''t",~n' /q ,19~. "~ ,/ i\ '..\ U.. \ ,-"'~- 0"1' -~ i 1 Wit\oessl I \ \ . ~. ~ k 11,~~ otary Public v' _.--~.~ - ---~--- 1 \:"'::"\C!' :..:;;1; ~ '\ A H 'N" ":,,, <,1\1 Public , nnf' co, '", . . ._ .o.;'r>' di '-.Iuf'tY_~ ~~:' ~." .";,:~_'C( ~7i"'~"~.' -/0- AGREEMENT OF TRUST AGREEMENT OF TRUST, executed in duplicate this 19th day of November, 1998, between ESTHER K. MILLER of Cumberland County, Pennsylvania (hereinafter called "Settlor") and HARRIS SAVINGS BANK, Cumberland County, Pennsylvania (hereinafter called "Trustee.") WIT N E SSE T H T HAT: Trustee hereby accepts the assets listed in Schedule "A" together with such other property that Settlor or any other person may add to the trust at any time hereafter, in trust upon the following terms: SECTION 1. During the life of Settlor, Trustee shall pay to Settlor so much of the income and principal of the trust at such times as Settlor may direct. In the event of Settlor's incapacity, as much of the net income and principal as Trustee may from time to time think desirable for Settlor's health and support shall be applied directly for those purposes by Trustee. SECTION 2. Upon Settlor's death, Trustee shall add all undistributed income to principal and shall divide the principal ~ hereunder as hereinafter provided. The term "principal hereunder" shall mean all principal and undistributed income held by Trustee at the time of Settlor's death and any other principal thereafter received as a result of Settlor's death, less any expenses of administering Settlor's estate and any taxes that are paid in accordance with the provisions of Section 5.4. SECTION 3. If Settlor's husband survives her: 3.1 Trustee shall fund a trust, called the Family Trust, with the non-marital amount, defined in Section 5, to be administered in accordance with the provisions of Section 6; and 3.2 The remaining portion of the principal hereunder shall be distributed to Settlor's husband. SECTION 4. If Settlor's husband does not survive her, the principal hereunder shall be divided into as many equal shares as there are children of Settlor then living and children of Settlor then deceased with issue then living. 4.1 Shares of children of Settlor then living shall be distributed. 4.2 Shares of children of Settlor then deceased with issue then living shall be distributed to such issue, per stirpes, subject to the provisions of Section 7. -2- '. 4.3 Anything to the contrary herein notwithstanding, neither DAPHNE MILLER nor KELLY MILLER nor any descendant of either of them shall be considered descendants of Settlor or of Settlor's son, JOSEPH A. MILLER. SECTION 5. The non-marital amount: 5.1 Is an amount equal to that part of Settlor's estate that can pass free of federal estate tax because of credits allowable against the tax, other than that part of the state tax credit, if any, that would increase state death taxes, reduced by: 5.1.1 The value of other property that is a part of Settlor's gross estate for federal estate tax purposes and is the subject of transfers that do not qualify for the charitable deduction or the marital deduction, whether or not the transfers are directed in Settlor's Will; 5.1. 2 State, inheritance, succession, or other state death taxes and foreign death taxes; and, 5.1. 3 The expenses of adminlstering Settlor's estate but only if such expenses are not ded~cted from the value of the gross estate in determining the federal taxable estate. 5.2 Shall be determined as of the date of Settlor's death and without the use ot an alternate valuatio~ date even it an -3- \ alternate valuation date is used for the purpose of determining federal estate tax liability; and, 5.3 May be satisfied by distributions in cash or in specific property, or partly in cash and partly in specific property, but any property so distributed shall be valued for such purpose at its value at the time of distribution. 5.4 All expenses of administering Settlor's estate, and all estate, inheritance, succession, and other taxes payable by reason of Settlor's death on any property forming a part of Settlor's estate for the purpose of such taxation, whether or not such property passes hereunder, shall be paid out of the principal before making distribution to the Family Trust, but only to the extent that such expenses or taxes cannot conveniently be paid out of the principal of Settlor's residuary estate in accordance with the terms of Settlor's will; provided however, that assecs received directly by Trustee as the designated beneficiary shall be used for the foregoing purpose only to the extent that they are not exempt from federal estate tax. SECTION 6. follows: 6.1 During t~e lifetime of Settlor's husband: ~he Family Trust shall be administered as -4- '. 6.1.1 All of the net income shall be paid to or for the benefit of Settlor's husband at least quarterly; 6.1.2 If Trustee thinks it is not reasonably practicable for Settlor's husband or Trustee to supply his need from any other source, principal of the trust shall be paid to Settlor's husband or applied for his support or health. 6.2 On the death of Settlor's Husband Trustee shall add all undistributed income to principal and shall divide the principal then remaining, including any amount added thereto, into as many equal shares as there are children of Settlor then living and children of Settlor then deceased with issue then living. 6.2.1 Shares of children of Settlor then living shall be distributed. 6.2.2 Shares of children of Settlor then deceased with issue then living shall be distributed to such issue, per stirpes, subject to the provisions of Sect~on 7. 6.2.3 Anything to the contrary herein notwithstanding, neither DAPHNE MILLER nor KELLY MILLER nor any descendant of either of them shall be considered descendants of Settlor or of Settlor's son, JOSEPH A. MILLER. SECTION 7. The share otherwise distcibutable under the provisions of this Agreement to any person who has not attained the age of twenty-five (25) years shall be placed in trust until -5- , the person attains the age of twenty-five (25) years, with Trustee paying to or for the benefit of the person all of the net income at least quarterly and, in addition, as much of the principal of the person's share as from time to time in the opinion of Trustee is proper for the person's support, health, or education. What remains of the share shall be distributed to the person on the person's attaining the age of twenty-five (25) years. If the person dies before attaining the age of twenty- five (25) years, what remains of the person's share shall be placed in trust under the provisions of this section for the person's descendants then living per stirpes or, if there is no such descendant, what remains shall be distributed to the person's estate. SECTION 8. In the administration of this trust or any trust created hereunder: 8.1 Withdrawals shall be made from an IRA or other qualified plan at least as rapidly as under the method of distribution in effect on Settlor's death or as required under Internal Revenue Code Section 401(21) (91. 8.2 All references herein to children or descendants of Settlor or of any person shall include any child or descendant lawfully adopted as such either before, on, or after the date hereof. -6- 8.3 Anything to the contrary herein notwichstanding, any reference to children or descendants or issue 0: Settlor shall exclude DAPHNE MILLER and KELLY MILLER and any descendant of either of them. 8.4 Before actual payment to a beneficiary, no interest in income or principal shall be assignable by the beneficiary or available to anybody having a claim against the beneficiary. 8.5 Income from any trust shall not be apportioned between a deceased income beneficiary and any succeeding beneficiary, and all income undistributed at the death of an income beneficiary shall be treated as if it had accrued after such death. 8.6 A fiduciary may make authorized distributions in cash or in kind. 8.7 Trustee at any time may terminate any trust if the value thereof is less than Fifty Thousand ($50,000.00) Dollars. On such termination, Trustee shall pay the principal and any accumulated income of the trust to the beneficiary or beneficiaries entitled at that time to the income therefrom in the proportions to which they were entitled to receive the income, and on such termination the rights of any other person who might otherwise have an interest as a succeeding tenant or in remainder shall cease. 8.8 Any distribution to any person who is a minor or who is, in the fiduciary's opinion, disabled and unable to properly -7- manage that person's funds, may be paid to that person's parent or guardian or to any person or organization caring for that person. In the case of a minor, the fiduciary may also appoint and pay the funds to a custodian for the minor under the Uniform Transfer or Gift to Minors Act of the state in which the minor resides. S.9 If not terminated sooner, Trustee shall terminate any trust held by Trustee twenty-one (21) years after the death of the last to die of Settlor, Settlor's husband and such of Settlor's descendants as are living at the time of Settlor's death. On such termination, Trustee shall distribute the trust to the person for whom it is held, and on such termination the rights of the person's descendants, or of any other person who otherw~se might have an interest as a succeeding tenant or in remaincer, shall cease. S.10 Without the approval of any court and without the authorization of any person, Trustee at any time may combine any trust Kith any other trust held by Trustee, whether created by Settlor or another and whether created by will or deed, if the terms cf the trusts are then substantially similar, including generation-skipping tax terms, and held for the benefit of the same beneficiary or beneficiaries. 8.11 A fiduciary may allocate receipts and expenses to income or principal or partly to each as the fiduciary shall -8- determine from time to time in the fiduciary's discretion, and a fiduciary may also establish (or not establish) reserves or allowances for depletion or depreciation, in such amounts and at such rates (if any) as the fiduciary shall determine from time to time in the fiduciary's discretion, regardless of whether and to what extent income tax deductions are allowable in respect of such receipts, reserves, or allowances. SECTION 9. Trustee, or any duly appointed successor, may exercise the powers given by law and those given by this Agreement and, in addition thereto and without any order of court and in the discretion of such fiduciary, may: 9.1 Retain any property which at any time is received hereunder, including stock in or obligations of a corporate fiduciary, regardless of risk or lack of diversification; 9.2 Invest and reinvest ~n any property without restriction to legal investments, including any common trust fund or proprietary mutual fund maintained by a corporate fiduciary and including stock in or obligations of a corporate fiduciary; 9.3 Exercise any option, right or privilege to subscribe for and purchase or acquire stOCK, bonds, notes, mortgages or other property, real or perso~al, including scock in or obligations of a corporate fid~ciary, without responsibility for lack of diversification in consequence of so doing. -9- 9.4 Vote securities, in person or by proxy, including stock in a corporate fiduciary, and in such connection delegate discretionary powers; 9.5 Repair, alter, improve or lease any property for any period of time, and give options for leases; 9.6 Retain any part or all of any business interest so long as the fiduciary considers it advisable to do so, and conduct, alone or with another or others, any business in which Settlor is engaged or in which Settlor has an interest with all the powers of an owner with respect thereto, including the powers to delegate discretionary duties to another or to others, to pay adequate compensation to any such person, to invest other property in such business, and to incorporate it or change its form; 9.7 Sell at public or private sale, for cash or credit, with or without security; exchange or partition property; and give options for sales or exchanges; 9.8 Borrow money from any person or entity, including the fiduciary, and mortgage or pledge any property; 9.9 Compromise or abandon claims; 9.10 Add to the principal of this trust any property received from any person by deed, will, or in any other way; and receive proceeds of life insurance policies or other property -10- , , , . . before or after any distribution is made to the trustee by the executor; 9.11 Withdraw all or any part of an IRA, or fractional share of an IRA, designate a beneficiary of a trust to receive any remaining payments directly, or delegate to a beneficiary of a trust the right to withdraw at any time all or part of an IRA, or fractional share of an IRA; 9.12 Disclaim any interest which might otherwise be transferred or distributed to Trustee from any other person, estate, trust, or other entity; 9.13 Pay taxes on remainder interests or future interests at such times as may be deemed advisable; and, 9.14 Retain investment counsel at the expense of the estate or trust. SECTION 10. Settlor reserves the right at any time or times to amend or revoke this Agreement of Trust in whole or in part by instrument in writing (other than a will) delivered to Trustee. SECTION 11. Concerning fiduciaries: 11.1 No fiduciary, and no duly appointed successor, shall be required to give or enter into any bond or security in any jurisdiction. -11- . . 11.2 A corporate fiduciary shall be compensated periodically in accordance with the schedule of compensation of the fiduciary currently in effect when the services are performed. 11.3 A fiduciary may make court accounting, but the approval of an account by the then current beneficiary or beneficiaries, or in the case of a minor beneficiary by a parent of the minor, shall be a full discharge of a fiduciary. 11.4 When there is another fiduciary, no accounting shall be required of an individual fiduciary or such fiduciary's personal representative because of the fiduciary's death or resignation as a fiduciary. 11.5 The word "fiduciary" in this Agreement, unless the sense is otherwise, includes its plural. SECTION 12. 12.1 Settlor appoints HARRIS SAVINGS BANK as trustee of the Family Trust created hereunder. 12.2 Settlor appoints HARRIS SAVINGS BANK as trustee of any other trust created hereunder. SECTION 13. All questions pertaining to the construction and validity of this Agreement of Trust shall be governed by the law of the Commonwealth of Pennsylvania. -12- . . . . IN WITNESS WHEREOF, Settlor has executed this agreement the day and year first above written. Witness: ~\. \~) .~ ;. " / I' <..... .,;. i"..J.,. ' fSTHER K. , i( ( t. (SEAL) MILLER, Settlor The trust established hereunder is hereby accepted by the Corporate Trustee this 2'ti ~ \1 day of "<:'{.,,,\.. c , 19 ~-~ . Attest: HARRIS SAVINGS BANK, Corporate Trustee l~~~ /l ss-f. Wo/ I!;/f;:/' 'Itl. ' Vite -President / By: (Corp. Seal) -13- COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES DEPT. 280601 HARRISBURG, PA 17128-0601 RECEIVED FROM: REV-1162 EX111-96) PENNSYLVANIA INHERITANCE AND ESTATE TAX OFFICIAL RECEIPT N0. CD 001914 HINNENKAMP LAWRENCE FRANK 227 NORTH DUKE STREET P O BOX 1515 LANCASTER, PA 17608-1515 fold ACN ASSESSMENT AMOUNT CONTROL NUMBER TOTAL AMOUNT F'AID: REMARKS: WAYPOINT BANK C/O LAWRENCE F HINNENKAMP ESQ CHECK# 498001816 INITIALS: SK SEAL RECEIVED BY: MARY C. LEWIS REGISTER OF WILLS REGISTER OF WILLS 52,551.00 ~ ~- ,~~ l~ COMMONWEALTH OF PENNSYLVANIA BUREAU OF INDIVIDUAL TAXES DEPARTMENT INHERITANCE TAX DIVISION OF REVENUE DEPT. 280601 HARRISBURG, pA 171z8-o6a1 NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX REY-154) EX -FP (O1-OS) DATE 04-07-2003 ESTATE OF MILLER ESTHER K DATE OF DEATH 09-04-2002 FILE NUMBER 21 02-1090 LAWRENCE F HINNENKAMP COUNTY CUMBERLAND 227 N DUKE ST ACN 101 PO BOX 1515 Anount Remitted LANCASTER PA 17608-1515 MAKE CHECK PAYABLE AND REMIT PAYMENT T0: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 CUT ALONG THIS LINE - RETA_IN LOWER PORTION FOR YOUR RECORDS ~ -------------------------- REV-1547 EX AFP (01-03) NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR -------------------------------------- DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX ESTATE OF MILLER ESTHER K FILE N0. 21 02-1090 ACN 101 DATE 04-07-2003 TAX RETURN WAS: (X) ACCEPTED AS FILED ( ) CHANGED RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. Real Estate (Schedule A) (1) 2. Stocks and Bonds (Schedule B) .00 NOTE: To insure proper (2) .00 credit to your account, 3. Closely Held Stock/Partnership Interest (Schedule C) (3) 4. Mortgages/Notes Receivable (Schedule D) •00 submit the upper portion 5. Cash/Bank Deposits/Misc. Personal Property (Schedule E) (5) 5,000 0 0 taxthis fora with your 6. Jointly Owned Property (Schedule F) Payment. (6) .00 7. Transfers (Schedule G) (7) 409,554.00 8. Total Assets (8) 414,554.00 APPROVED DEDUCTIONS AND EXEMPTIONS: 9. Funeral Expenses/Adm. Costs/Misc. Expenses (Schedule H) (q) 11,475.00 10. Debts/Mortgage Liabilities/Liens (Schedule Il (lo) .00 11. Total Deductions 12. Net Value of Tax Return (11) 11.47 00 13. Charitable/Governmental Bequests; Non-elected 9113 Trusts (Schedule J) (13) 4 03;079.00 14. Net Value of Estate Subject to Tax 338 420.00 (14) 64, 659.00 NOTE: If an assessment was issued previously, lines 14, 15 andior 16, 17, 18 and 19 will reflect fiigures that include the total of ALL returns assessed to date. ASSESSMENT OF TAX• 15. Anount of Line 14 at Spousal rate (15) 5, 000.00 16. Anount of Line 14 taxable at Lineal/Class A rate (16) 59,659 00 X 17. Amount of Line 14 at Sibling rate (17) . 00 X 18. Amount of Line 14 taxable at Collateral/Class B rate (18) . 00 X 19. Principal Tax Due . X DATE -03-2002 * IF PAID AFTER DATE INDICATED, SEE REVERSE FOR CALCULATION OF ADDITIONAL INTEREST. 00 = .00 045= 2,685.00 12 = .00 15 = .00 (19)= 2,685.00 /PEN PAID (-) AMOUNT PAID 134.25 2,55 TOTAL TAX CREDIT BALANCE OF TAX DUE INTEREST AND PEN. TOTAL DUE 2,685.25 .25CR .00 .25CR ( IF TOTAL DUE IS LESS THAN S1, NO PAYMENT IS REQUIRED. IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR), YOU MAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.) RESERVATION: Estates of decedents dying on or before December 12, 1982 -- if any future interest in the estate is transferred in possession or enjoyment to Class B (collateral) beneficiaries of the decedent after the expiration of any estate for life or for years, the Commonwealth hereby expressly reserves the right to appraise and assess transfer Inheritance Taxes at the lawful Class B (collateral) rate on any such future interest. PURPOSE OF NOTICE: To fulfill the requirements of Section 2140 of the Inheritance and Estate Tax Act, Act 23 of 2000. (72 P. . Section 9140). PAYMENT: Detach the top portion of this Notice and submit with your payment to the Register of Nills printed on the reverse side. --Make check ar Honey order payable to: REGISTER OF NILLS, AGENT REFUND (CR): A refund of a tax credit, which was not requested on the Tax Return, may be requested by completing an "Application for Refund of Pennsylvania Inheritance and Estate Tax^ (REV-1313). Applications are available at the Office of the Register of Nills, any of the 23 Revenue District Offices, or by calling the special 24-hour answering service for forms ordering: 1-800-362-2050; services for taxpayers with special hearing and / or speaking needs: 1-SOD-447-3D20 CTT only). OBJECTIONS: Any party in interest not satisfied with the appraisemant, allowance, or disallowance of deductions, or assessment of tax (including discount or interest) as shown on this Notice must object within sixty C60) days of receipt of this Notice by: OR --written protest to the PA Department of Revenue, Board of Appeals, Dept. 281021, Harrisburg, PA 17D1R8-1021, --election to have the matter determined at audit of the account of the personal representative, --appeal to the Orphans' Court. ADMIN- ISTRATIVE CORRECTIONS: Factual errors discovered on this assessment should be addressed in writing to: PA Department o avenue, Bureau of Individual Taxes, ATTN: Post Assessment Review Unit, Dept. 280601, Harrisburg, PA 17128-0601 Phone C717) 787-6505. See page 5 of the booklet "Instructions for Inheritance Tax Return for a Resident Oecedent^ CREV-1501) far an explanation of administratively correctable errors. DISCOUNT: If any tax due is paid within three (3l calendar months after the decedent's death, a five percent CS%] discount of the tax paid is allowed. PENALTY: The 15% tax amnesty non-participation penalty is computed on the total of the tax and interest assessed, and not paid before January 18, 1996, the first day after the end of the tax amnesty period. This non-participation penalty is appealable in the sane manner and in the the same time period as you would appeal the tax and interest that has been assessed as indicated on this notice. INTEREST: Interest is charged beginning with first day of delinquency, or nine (9) months and one C1) day from the date of death, to the date of payment. Taxes which became delinquent before January 1, 1982 bear interest at the rate of six (6%) percent per annum calculated at a daily rate of .D00164. All taxes which became delinquent on and after January 1, 1982 will bear interest at a rate which will vary from calendar year to calendar year with that rate announced by the PA Department of Revenue. The applicable interest rates for 1982 through 2Interest gaily Interest Daily Interest Daily Y~ar Rate Factor Year Rate Factor Year Rate Factor 1987 9% .000247 1999 7% .000192 1982 20% .000548 .D00219 1983 16% .D00438 1988-1991 11% .0003D1 2000 8~ 9% .000247 2001 9% .000247 1984 11% .000301 1992 .000164 1985 13% .000356 1993-1994 7% .000192 2002 6~ ,000137 1995-1998 9% .000247 2003 5% 1986 10% .000274 --Interest is calculated as follows: INTEREST = BALANCE OF TAX UNPAID X NUMBER OF DAYS DELINQUENT X DAILY INTEREST FACTOR --Any Notice issued after the tax becomes delinquent will reflect an interest calculation to fifteen (15] days beyond the date of the assessment. If payment is made after the interest computation date shown on the Notice, additional interest oust be calculated.