HomeMy WebLinkAbout05-01-15 J REV-1500Ex(02-11)
1505610143
OFFICIAL USE ONLY
PA Department of Revenue pennsylvania County Code Year File Number
Bureau of Individual Taxes DEPARTMENT OF R EVE NUE
PO BOx.280601 INHERITANCE TAX RETURN 2 1 14 0496
Harrisburg, PA 17128-0601 RESIDENT DECEDENT
ENTER DECEDENT INFORMATION BELOW
Social Security Number Date of Death Date of Birth
04 05 2014 03 23 1933
Decedent's Last Name Suffix Decedent's First Name MI
LOVE WALDEMAR J
(If Applicable)Enter Surviving Spouse's Information Below
Spouse's Last Name Suffix Spouse's First Name MI
LOVE MIGNON
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
Prior to 12-13-82)
❑ 4. Limited Estate ❑ 4a.Future Interest Compromise ❑ 5. Federal Estate Tax Return Required
(dale of death after 12-12-82)
® g Decedent Died Testate ❑ Decedent Maintained a Living Trust 1 8. Total Number of Safe Deposit Boxes
(Attach Copy of Will) (Attach Copy of Trust)
See Exhibit "A".
❑ 9. Litigation Proceeds Received ❑ 10.betousal ween Poverty
ove 91Cre ditl(Datte f Death ❑ 11.Election
(AttaeSo tax
xule under eG 9113(A)
CORRESPONDENT-THIS SECTION MUST BE COMPLETED.ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFRMIRMTION�� SHOD BE—DI TED TO:
Name Daytimer gl hone Nun%
er
�
JAMES C BOHORAD ESQUIRE 570 '� 2r.-1811 t
REGISTER lJF WILL-dJSE dNL
First Line of Address ►-� = G7
1940 W NORWEGIAN STREET w cin o
Second Line of Address
PO BOX 1280
City or Post Office State ZIP Code DATE FILED
POTTSVILLE PA 17901
Correspondent's e-mail address: JCB @ L M B T L A W.C O M
Under penalties of perjury,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 of preparer other than the personal representative Is based on all information of which preparer has any knowledge.
SIGNA URE OF PERSON RESP IB FOR F I ETURN DTE
c
' William H. Love A
ADDRESS
940 Baywood Avenue,Wernersville, P 19565
RE OF PREPARER OTHER TH PRE TATIVE DATE
C, JAMES C BOHORAD ESQUIRE Q`i Z$ 26 t s
ADD SS
LIP , ARSHALL, BOHORAD &TH`rARNBURG, P.C.
1940 W. NORWEGIAN STREET, POTTSVILLE, PA 17901
Side 1
1505610143 1505610143
Q 1505610243
xEv'1oDUEX
Decedent's Social Security Number
Decedent's Name: LOVE, VVALDEk8AR J.
RECAPITULATION
1. Real Estate(Schedule*>.... ......___...... ..................... --'_ ..................... 1
2. Stocks and Bonds(Schedule o).................................................... ..................... 2. 856 , 778 . 40
8. Closely Held Corporation, Partnership orSole-Proprietorship(Schedule C)......... 3.
4. Mortgages&Notes Receivable(Schedule D)......................................... —........_ 4.
5- Cash, Bank Deposits&Miscellaneous Personal Property(Schedule[�.............. o, 82 , 156 . 10
a Jointly Owned Property(Schedule p} [] GeparamEUUhgRoquooted---- 8,
r Inter-Vivo Transfers&Miscellaneous Non-Probate Property
(Schedule G) O GaparateoiU|ngnequested---- 7.
8. Total Gross Assets(tota|Lines 1through 7)....................................................... 8. 938 , 934 ' 50
9. Funeral Expenses and Administrative Costs(Schedule*> ................... ........... g. 60 , 439 . BB
10� Debts o[Decedent,Mortgage Liabilities and Liens(Schedule ......._.......... 10. 7 , 138 ' 21
11. Total Deductions(total Lines nand 10.... .......— .......... ......... ........ ......... n. 67 , 578 ' 08
12 Net Value ofEstate(Line 8minus Line 11 ............................................... ........... 12, 871 , 356 . 41
13, Charitable and Governmental Bequests/Sec 9113Trusts for which
onelection totax has not been made(Schedule J).............................................. 13.
14. Net Value Subject mmTax(Line 12minus Line 1s).------- ........................ 14. 871 , 356 . 41
TAX COMPUTATION-SEE INSTRUCTIONS FOR APPLICABLE RATES
15, Amount ofLine 1*taxable
at the spousal tax rate, o,
transfers under Sec.9110
(a)(12)x�00 1*.
16. Amount ofLine 14taxable
*ulineal rate x .0*5 871 , 356 ' 41 16. 39 , 211 . 04
17. Amount vfLine 14taxable
otsibling rate x .12 17.
18, Amount ofLine 14taxable
oucollateral rate x .15 18.
19, TAX DUE
.............. ......................................................... ........... .......... ........... 19. 39 / 211 ' 04
ou FILL|mTHE OVAL|FYOU ARE REQUESTING xREFUND oFAm OVERPAYMENT. F;�-fl
Side
N 1505610243 1505610243 N
REV-1500 EX Page 3 File Number 21 - 14 - 0496
Decedent's Complete Address:
DECEDENT'S NAME
LOVE, WALDEMAR J.
STREET ADDRESS
CITY STATE ZIP
Tax Payments and Credits:
1. Tax Due(Page 2, Line 19) (1) 39,211.04
2. Credits/Payments
A. Prior Payments 40,000.00
B. Discount 1,960.55
Total Credits(A +B) (2) 41,960.55
3. Interest (3) 0.00
4. If Line 2 is greater than Line 1 +Line 3,enter the difference. This is the OVERPAYMENT (4) 2,749.51
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 theTAX DUE (5)
Make Check Payable to: REGISTER OF WILLS, AGENT.
PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS
1. Did decedent make a transfer and: Yes No
a. retain the use or income of the property transferred;............................................................................. ❑ ❑x
b. retain the right to designate who shall use the property transferred or its income;................................ ❑ ❑x
c. retain a reversionary interest;or..............................._............................._............................__................ ❑
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 consideration7................................................................................................................ ❑ ❑x
3. Did decedent own an"in trust for" or payable upon death bank account or security at his or her death....... ❑ ❑x
4. Did decedent own an individual retirement account,annuity,or other non-probate property which
contains a beneficiary designation?........................................................................................._..................... ❑ ❑x
IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES,YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETUR
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 decedent's lineal beneficiaries is 4.5 percent,except as noted in
[72 P.S.§9116(a)(1)].
•The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 12 percent[72 P.S. §9116(a)(1.3). A
sibling is defined under Section 9102,as an individual who has at least one parent in common with the decedent,whether by bloo or adoption.
REVA603 EX+(6-98)
SCHEDULE B
STOCKS & BONDS
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
FILE NUMBER
ESTATE OF LOVE, WALDEMAR J. 21 - 14 -0496
All property jointly-owned with right of survivorship must be disclosed on Schedule F.
ITEM DESCRIPTION UNIT VALUE VALUE AT DATE OF
NUMBER DEATH
Janney Montgomery Scott Individual Investment Account, No. 2329-5325 --
$350,935.05- See entries 1-19 below
1 100 shares of Buffalo Wild Wings, Inc. 142.93 14,293.00
2 200 shares of Colgate Palmolive Co. 64.50 12,900.00
3 300 shares of Direct TV 77.56 23,268.00
4 200 shares of Dominion RES Inc., VA NEW 69.84 13,968.00
5 400 shares of Eaton Corp. PLC 75.36 30,144.00
6 200 shares of Emerson Elec Co. 67.41 13,482.00
7 200 shares of Exxon Mobil Corp. 97.57 19,514.00
8 300 shares of General Mills, Inc. 51.72 15,516.00
9 500 shares of Hercules Tech Growth Cap , Inc. 14.04 7,020.00
10 800 shares of Intel Corp. 26.44 21,152.00
11 600 shares of Microsoft Corp. 40.26 24,156.00
12 400 Nasdaq OMX Group, Inc. 35.97 14,388.00
13 200 shares of Pepsico, Inc. 83.07 16,614.00
14 400 shares of TJX Cos Inc. New 60.98 24,392.00
TOTAL(Also enter on line 2, Recapitulation) 856,778.40
SCHEDULE B
STOCKS & BONDS
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN continued
RESIDENT DECEDENT
FILE NUMBER
ESTATE OF LOVE, WALDEMAR J. 21 - 14- 0496
All property jointly-owned with right of survivorship must be disclosed on Schedule F.
ITEM DESCRIPTION UNIT VALUE VALUE AT DATE OF
NUMBER DEATH
15 400 shares of Valero Energy Corp. New 54.26 21,704.00
16 200 shares of Verizon Communications, Inc. 48.08 9,616.00
17 100 shares of Visa, Inc. 207.48 20,748.00
18 769.191 shares of Vanguard Horizon FD, Inc. 23.89 18,375.97
19 1,126.103 shares of T. Rowe Price Appreciat FD 26.36 29,684.08
Janney Montgomery Scott Individual Investment Account, No. 5332-4673 -.
$611,188.39 -see entries 20-43 below
20 220 shares of Cannondale Corp. High Perform Bicycle MFCTR 0.11
21 350 shares of Carlisle Cos, Inc. 78.825 27,588.75
22 602 shares of Gaming & Leisure PPTYS, Inc. 36.468750 21,954.19
23 370 shares of Harsco, Corp. 23.77 8,794.90
24 740 shares of JP Morgan Chase & Co. 59.93 44,344.50
Includes accrued Dividends and Interest of$281.20
25 800 shares of New York County Bancorp, Inc. 15.94 12,753.00
26 460 shares of Penn National Gaming, Inc. 12.38 5,692.51
27 200 shares of PNC Financial Services Group, Inc. 86.31 17,261.50
Page 2 of Schedule B
SCHEDULE B
STOCKS & BONDS
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN continued
RESIDENT DECEDENT
FILE NUMBER
ESTATE OF LOVE, WALDEMAR J. 21 - 14- 0496
All property jointly-owned with right of survivorship must be disclosed on Schedule F.
ITEM DESCRIPTION UNIT VALUE VALUE AT DATE OF
NUMBER DEATH
28 1,000 shares of Rite Aid Corp. 6.24 6,240.00
29 10,000 shares of Lancaster PA Higher Ed Authority Co. 104.448500 10,444.85
Includes accrued Dividends and Interest of$236.11
30 35,000 shares of Lancaster County PA Hospital Authority RE 101.0855 35,379.93
Includes accrued Dividends and Interest of 594.03
31 25,000 shares of Exco Resources, Inc., NY Bond Exchange, 100.875000 25,218.75
Includes accrued Dividends and Interest of$104.17
32 25,000 shares of Penn VA Corp., NY Bond Exchange 106.00 26,500.00
Includes accrued Dividends and Interest of$855.90
33 25,000 shares of United States STL Corp. New 109.375000 27,343.75
Includes accrued Dividends and Interest of$20.49
34 25,000 shares of Advanced Micro Devices, Inc., NY Bond Exchange 103.13 25,687.50
Includes accrued Dividends and Interest of$344.44
35 30,000 shares of Forest Oil Corp. 86.75 26,025.00
Includes accrued Dividends and Interest of$125.00
36 25,000 shares of Best Buy, Inc., NY Bond Exchange 100.812500 25,203.13
Includes accrued Dividends and Interest of$76.39
37 15,000 shares of Citizens Utilities Co. Del, NY Bond Exchange 88.95 13,425.00
Includes accrued Dividends and Interest of$291.79
38 560 shares of Barclays Bank PLC 25.825000 14,462.00
39 1,000 shares of Goldman Sachs Group, Inc. 20.017500 20,017.50
Page 3 of Schedule B
SCHEDULE B
STOCKS & BONDS
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN continued
RESIDENT DECEDENT
FILE NUMBER
ESTATE OF LOVE, WALDEMAR J. 21 - 14-0496
All property jointly-owned with right of survivorship must be disclosed on Schedule F.
ITEM DESCRIPTION UNIT VALUE VALUE AT DATE OF
NUMBER DEATH
40 350 shares of Hercules Tech Growth Cap, Inc. 25.852500 9,048.38
41 600 shares of International Fcstone, Inc. 26.00 15,600.00
42 1,180 shares of Medley Cap Corp. 25.80 30,438.10
43 2,800 shares of Morgan Stanley, PFDA 20.15 56,420.00
Page 4 of Schedule B
Rev-1508 EX+(11-10)
�. pennsylvania SCHEDULE E
DEPARTMENT OF REVENUE
INHERITANCE TAX RETURN CASH, BANK DEPOSITS AND MISC.
RESIDENT DECEDENT PERSONAL PROPERTY
FILE NUMBER
ESTATE OF LOVE, WALDEMAR J. 21 - 14- 0496
Include the proceeds of litigation and the date the proceeds were received by the estatekll property jointly-owned with the right of
survivorship must be disclosed on schedule F.
ITEM VALUE AT DATE OF
NUMBER DESCRIPTION DEATH
1 1978 Chevrolet Corvette with 22,000 miles in average condition 10,000.00
Value calculated by sale to unrelated third party
2 1986 Jaguar XJS with 46,000 miles in average condition 4,600.00
Value calculated by sale to unrelated third party
3 2007 Cadillac DTS Sedan with 11,000 miles in excellent condition 13,750.00
Value calculated by sale to unrelated third party
4 2013 Ford Focus with 6,250 miles in excellent condition 14,500.00
Value calculated by sale to unrelated third party
5 Miscellaneous Personal Property and Personal Effects 33,544.75
Value determined by Martin's Auction Services, Shippensburg, PA
Copy of Consignor Settlement Agreement attached at Exhibit"B"
6 Janney Montgomery Scott Individual Investment Account, No. 2329-5325 -Cash 3,251.47
7 Janney Montgomery Scott Individual Investment Account No. 5332-4673- Cash 1,423.00
8 . Miscellaneous Jewelry 412.00
Value determined by sale to J.A. Meyer Jewelers, Kutztown, PA
9 Refund from DirecTV 145.86
10 Final prorated pension payment 110.73
11 Subscription refund from The Sentinel Newspaper, Carlisle, PA 51.12
12 City Group Class Action Settlement 29.98
TOTAL(Also enter on Line 5, Recapitulation) 82,156.10
SCHEDULE E
CASH, BANK DEPOSITS AND MISC.
COMMONWEALTH OF PENNSYLVANIA PERSONAL PROPERTY
INHERITANCE TAX RETURN
RESIDENT DECEDENT continued
FILE NUMBER
ESTATE OF LOVE, WALDEMAR J. 21 - 14-0496
Include the proceeds of litigation and the date the proceeds were received by the estatakil property jointly-owned with the right of
survivorship must be disclosed on schedule F.
ITEM DESCRIPTION VALUE AT DATE OF
NUMBER DEATH
13 Refund from State Farm Insurance for automobile insurance policies and umbrella policy 258.94
14 Refund from Advance Disposal for dumpster rental 78.25
Page 2 of Schedule E
REV-1511 EX+(110-09)
-� pennsylvania SCHEWLEH
EXPENSES AND
DEPARTMENT OF REVENUE FUNERAL EX
INHERITANCE TAX URN
RESIDENT DECENT FDMIN TR T1VE COSTS
FILE NUMBER
ESTATE OF LOVE, WALDEMAR J. 21 - 14-0496
Decedent's debts must be reported on Schedule I.
ITEM
NUMBER FUNERAL EXPENSES: DESCRIPTION AMOUNT
A. 1 Fogelsanger-Bricker Funeral Home 10,037.70
2 Harper's Tavern, Annville, Pennsylvania—Funeral Luncheon 1,012.00
3 Heidelberg Family Restaurant—Dessert for Funeral Luncheon 49.99
B. ADMINISTRATIVE COSTS:
1. Personal Representative's Commissions
Name of Personal Representative(s)
William H. Love 15,000.00
Street Address 940 Baywood Avenue
city Wernersville State PA zip 19565
Year(s)Commission Paid
2. Attorney's Fees LIPKIN, MARSHALL, BOHORAD ÞBURG, 15,000.00
3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation)
Claimant Mignon Love 3,500.00
Street Address 50 Beetem Hollow Road
City Newville State PA zip 17241
Relationship of Claimant to Decedent Spouse
4. Probate Fees Probate Fees for Letters Testamentary 143.50
Probate Fees for Letters of Administration D.B.N.C.T.A 80.00
Additional probate fees 615.00
5. Accountant's Fees
6. Tax Return Preparer's Fees
7. Other Administrative Costs
1 Martson, Deardorff, Williams, Otto, Gilroy & Faller--Attorneys' Fees 5,250.00
See attached 9,751.69
TOTAL(Also enter on line 9, Recapitulation) 60,439.88
Schedule H
Funeral EVenses&
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN Adminisfiative Costs continued
RESIDENT DECEDENT
ESTATE OF LOVE, WALDEMAR J. FILE NUMBER
21 - 14 -0496
2 The Sentinel - Legal Advertising 222.40
3 Carl E. Ocker, Auctioneer--Appraisal of Personal Property 150.00
4 Cumberland Law Journal - legal advertising 75.00
5 Postage 13.00
6 Federal Express—payment for mailing of three month inheritance tax payment 15.00
7 Avis Rent a Car-- Payment to William Love for rental of automobiles to perform 498.25
Estate administration duties
8 Budget Rent a Car—Payment to William Love for rental of automobiles to perform 411.78
Estate administration duties
9 Adams Tire & Battery— Batteries for Corvette and Cadillac Automobiles 237.44
10 Adams Tire & Battery— Battery for Jaguar Automobile 104.94
11 Adams Tire & Battery—Tires for automobiles 330.60
12 Advance Disposal— Dumpster Rental 418.99
13 Teresa J. Speicher—Reimbursement for mileage to clean out personal property 754.00
14 Doris A. Dickerson—Reimbursement for mileage to clean out personal property 120.00
15 State Farm Insurance— Payment of Automobile Insurance for Corvette 71.85
16 State Farm Insurance— Payment of Automobile Insurance for Jaguar and Ford 236.09
17 Adams Tire& Battery— Battery for Troybilt Tiller 59.36
18 William H. Love— Reimbursement for mileage for personal vehicle to perform various 978.25
Estate duties
19 Messick's Equipment—Purchase of Hydraulic Hoses for Kubota 338.51
Page 2 of Schedule H
Schedule H
Funeral Expenses&
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN Administrative Costs continued
RESIDENT DECEDENT
ESTATE OF LOVE, WALDEMAR J. FILE NUMBER
21 - 14 -0496
20 Payment to numerous workers for miscellaneous services rendered during Auction of 300.00
personal property
21 Cumberland County Register of Wills— Purchase of Short Certificates 25.00
22 Melissa Hoover, CPA— Preparation of 2014 Federal and State Income Tax Returns 250.00
23 Martin's Auction Service--advertisements for auction 1,355.65
See Exhibit"B"
24 Martin's Auction Service --commission payable to auction company 2,683.58
See Exhibit"B"
25 Martin's Auction Service -- rental of toilet for auction 102.00
See Exhibit"B"
Page 3 of Schedule H
pennsylvania SCHEDULE I
DEPARTMENT OFDEBTS OF DECEDENT MORTGAGE
EVENUE
RET
INHERITANCE TAXAXRETURRNN �
RESIDENT DECEDENT LIABILITIES & LIENS
FILE NUMBER
ESTATE OF LOVE, WALDEMAR J. 21 - 14-0496
Report debts incurred by the decedent prior to death that remained unpaid at the date of death, including unreimbursed medical expenses.
ITEM DESCRIPTION AMOUNT
NUMBER
1 Green Ridge Village Retirement Center-- Room and Board 7,129.21
2 Green Ridge Village Retirement Center— Prescriptions 9.00
TOTAL(Also enter on Line 10, Recapitulation) 7,138.21
REV-1513 EX+(01-10)
pennsylvania SCHEDULE J
DEPARTMENT OF REVENUE
INHERITANCE TAX RETURN BENEFICIARIES
RESIDENT DECEDENT
ESTATE OF LOVE, WALDEMAR J. FILE NUMBER
21 - 14 -0496
RELATIONSHIP TO SHARE OF ESTATE AMOUNT OF ESTATE
NUMBER NAME AND ADDRESS OF PERSON(S) DECEDENT (Words) ($$$)
RECEIVING PROPERTY Do Not List Trustee(s)
ITAXABLE DISTRIBUTIONS[include outright spousal
distributions,and transfers
under Sec.9116(a)(1.2)]
1 William H. Love Son 1/3 of Schedules B
940 Baywood Avenue and E
Wernersville, PA 19565
2 Teresa J. Speicher Daughter 1/3 of Schedules B
133 Pleasant Drive and E
Myerstown, PA 17067
3 Doris A. Dickerson Daughter 1/3 of Schedules B
North Carolina and E
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 II-ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET 0.00
LAST WILL AND TESTAMENT
OF
WALDEMAR J. LOVE
C=::)
1, WALDEMAR J. LOVE, domiciled and resident at 50 Beetem Hollolt ad,
Newville, Cumberland County, Commonwealth of Pennsylvania, declare ItIt -:�3 his
document is my Will and revoke all my previous Wills and Codicils.
r77 r\) -i
rn
C/) :,Z3 t=7
IDENTIFICATIONS AND DEFINITIONS C-3 --q Za
I am married to Mignon Love. We were both formerly married and ha yR c—hildren rn
to our former marriage.. I have three children to a former marriage: William H. Love,C--)
Doris A.Nugent and Teresa J. Speicher, they are referred to in the Will as "my children".
11.
PAYMENT OF EXPENSES,DEBTS,AND TAXES
I direct my Executor to pay medical, funeral, and administrative expenses and all
taxes payable by reason of my death, before any division of my estate. My Executor shall
not attempt to have any part of such taxes apportioned among the recipients of property
includible in determining the amount of such taxes. Proceeds on insurance on my life up
to the maximum allowable as an exemption from Pennsylvania Inheritance Tax and
distributions from pension and profit sharing plans exempt from federal estate tax, all of
which are payable to my Trustee or any beneficiary (other than my estate), shall not be
used to pay debts,taxes, expenses of administration or other charges against my estates.
III.
SPOUSE SURVIVING
My wife and I have separate estates. She will be comfortably cared for if I should
pass before she passes.
If my wife survives me or does not survive me, I dispose of my property as
follows:
Tangible Personal Property: I give my tangible personal property in
equal shares to my children who survive me, to be divided among
them as they shall agree; if they fail to reach agreement within sixty
(60) days of my death, this tangible personal property shall be
divided among my children as my Executor determines appropriate,
in shares of substantially equal value. I recommend, but do not
require, that all such items of tangible personalty be appraised and
that the children select in rotation items at the appraised value, the
order of choice to be determined by lot. If any child is a minor at
the time of such division, my Executor may distribute his/her share
of tangible personal property to him/her for his/her use or for his/her
use to his/her Guardian in any combination of items, or to both,
without further responsibility, and the distributee's receipt shall be
sufficient discharge to my Executor.
Residue: I give all other property which I own or over which I have a
testamentary power of appointment, to and for the benefit of my children who
survive me.
IV.
FIDUCIARIES
Executrix: I nominate and appoint my wife Mignon Love as Executrix of this
Will to serve without bond. If she does not survive me, declines to act, or having
qualified, resigns, dies, or is removed, I nominate my son William to serve as sole
Executor to serve without bond.
Powers: I give my fiduciaries, including successor -fiduciaries, all the
powers contained in' Chapter 71 of the Pennsylvania Probate, Estates and Fiduciaries
Code at the time of the execution of this Will, and those powers are incorporated by
reference.
V.
MISCELLANEOUS
Survival Defined: No person shall be deemed to have survived me or to be living
at my death if he/she shall die within thirty(30) days after my death.
Marital residence and household goods: My wife and I own a house and household goods
in,both our names. It is our joint specific intention that upon my death she shall have the
use of the home and our joint goods for as long as she needs to use them. If she passes or
I pass then the house and the joint property shall be sold and distributed equally to our
respective estates, that is one half to my estate and one half to my wife's estate. This
provision of our wills shall be considered a joint agreement and may be enforced by each
other's estates.
In testimony of which I now sign this Will, in the presence of witnesses
whose names will appear below, and request that they witness my signature and attest to
the execution of this Will, this day of March, 2005 at 1237 Holly Pike,.Carlisle,
Cumberland County, Pennsylvania.
WALDEMAR J.LOVE
i
WALDEMAR J. LOVE, in our presence, signed this instrument. Before he
signed it, he declared to us that it was his Will and requested that we act as witnesses to
its execution. We believe him to be of sound mind, possessing testamentary capacity, and
not subject to undue influence, fraud, or coercion. We now, in his presence, and in the
presence of each other, sign below as witnesses, all on this a-A day of March, 2005, at
1237 H y Pike, Carlisle, umberland County, Pennsylvania.
residing at 1237 Holly Pike, Carlisle, PA 17013
'A�Zresiding at 34 Summerfield Drive, Carlisle, PA 17013
COMMONWEALTH OF PENNSYLVANIA
SS
COUNTY OF CUMBERLAND
We, Joseph D. Buckley and Cheryl L. Benecoff, the witnesses whose names are
signed to the foregoing instrument, being duly qualified according to law, do depose and
say that we were present and saw Testator sign and execute the instrument as his Last
Will: that he signed willingly and for the purposes therein expressed; that each of us in
the hearing and sight of the Testator signed the Will as witnesses; and that to the best of
our knowledge the Testator was at that time eighteen (18) or more years of age, of sound
mind, and under no constraint or undue influence.
Sworn or affirmed to and subscribed to before me by Joseph D. Buckley and
Cheryl L. Bennecoff, witnesses,this y1'-day of March, 2005.
yxw/
Not ublic
NOTARIAL SEAL
KAREN KAY BUCKLEY,Notary Public
South Middletown Twp,Cumberland Io.
My Commi3sion Expires Juns 23,2T)05
SERVICE
Andrew 717.532.5382-Victor 717.658.9930 10-21-14
9025.1wo1► PitcherH :Shippensburg,PA 1725
Settlement Sheet
Consignor: Waldemar-J: Love Estate
Items sold at auction on 10/18/14.
Total.......................... .. ....................................... ..........:....$33,544.75
Lessads................................................ .... ............... ..1,355.65
Less 8% commission...... . .................................................2,683..58
Less toilet-rental..................................................... 102.00.
Payment...... ......... . ...............................................$29,403.52
G a 1