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HomeMy WebLinkAbout04-27-15 j REV-1500 EX(01-10) 1505610143 OFFICIAL USE ONLY PA Department of Revenue pennsylvania Countycode Year File Number Bureau of Individual Taxes DEPARTMENT OF REVENUE PO BOx.280601 INHERITANCE TAX RETURN 2 1 14 00476 Harrisburg,PA 17128-0601 RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death Date of Birth 04 07 2014 06 06 1928 Decedent's Last Name Suffix Decedent's First Name MI WERTZ SR . JAMES R (If Applicable)Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW ® 1. Original Return ❑ 2. Supplemental Return ❑ 3.Remainder Return(date of death prior to 12-13-82) ❑ 4. Limited Estate ❑ 4a.Future Interest Compromise ❑ 5. Federal Estate Tax Return Required (date of death after 12-12-82) ® 6. Decedent Died Testate ❑ 7. Decedent Maintained a Living Trust 8. Total Number of Safe Deposit Boxes (Attach Copy of Will) (Attach Copy of Trust) ❑ 9. Litigation Proceeds Received ❑ 10.Spousal Poverty Credit(date of death 11•Election to tax under Sec.91 13 A between 12-31-91 and 1-1-95) E] ( ) (Attach Sch.O) CORRESPONDENT-THIS SECTION MUST BE COMPLETED.ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number SAMUEL L ANDES 717 761 5361 .-.a cE REGISTER 9FFWILLS USlE ONS' First line of address IL-1 -r n 17T 1 525 NORTH 12TH STREET t tv (j) Second line of address City or Post Office State ZIP Code DATE AILED O € co LEMOYNE PA 17043 Correspondent's e-mail address: SamuelAndes168@gmail.com Under penalties of perjury,I declare thajAhave examined this return,including accompanying schedules and statements,and to the best of my knowledge and belief, itis true,correct and complete.Decla i n of preparer other than the personal representative is based on all information of which preparer has any knowledge. PWIGRATOPEW PERSOX N%QA.FArR FILING RETURN DATE Debra A. Forker ADDRESS 5082 Carrolton DriveArrisbmra, PA 17112 SIGN F P E HAN E ESE ATIVE DATE I Samuel L Andes AD 525 North 12th Street, Lemoyne, PA 17043 Side 1 k 1505610143 1505610143 1505610243 REV-1500 EX Decedent's Social Security Number Decedent's Name: WERTZ, JAMES R SR. RECAPITULATION 1. Real Estate(Schedule A).......................................................................................... 1. 63 , 000 . 00 2. Stocks and Bonds(Schedule B)............................................................................... 2. 3. Closely Held Corporation,Partnership or Sole-Proprietorship(Schedule C).......... 3. 4. Mortgages&Notes Receivable(Schedule D).......................................................... 4. 5• Cash,Bank Deposits&Miscellaneous Personal Property(Schedule E)................ 5. 986 . 82 6. Jointly Owned Property(Schedule F) ❑ Separate Billing Requested............. 6. 7 , 233 . 29 7. Inter-Vivos Transfers&Miscellaneous Non-Probate Property (Schedule G) ❑ Separate Billing Requested............. 7. 8. Total Gross Assets(total Lines 1-7)....................................................................... 8. 71 , 220 . 11 9. Funeral Expenses&Administrative Costs(Schedule H)......................................... 9. 9 , 165 . 53 10. Debts of Decedent,Mortgage Liabilities,&Liens(Schedule 1)................................ 10. 16 , 843 . 12 11. Total Deductions(total Lines 9&10)...................................................................... 11, 26 , 008 . 65 12. Net Value of Estate(Line 8 minus Line 11)............................................................. 12. 45 , 211 . 46 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made(Schedule J)................................................. 13. 14. Net Value Subject to Tax(Line 12 minus Line 13)................................................. 14. 45 , 211 . 46 TAX COMPUTATION-SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate,or transfers under Sec.9116 (a)(1.2)X.00 15. 16. Amount of Line 14 taxable at lineal rate X .045 45 , 211 . 46 16. 2 , 034 . 52 17. Amount of Line 14 taxable at sibling rate X .12 17. 18. Amount of Line 14 taxable at collateral rate X .15 18• 19. Tax Due..................................................................................................................... 19. 2 , 034 . 52 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. a Side 2 L 1505610243 1505610243 J REV-1500 EX Page 3 File Number 21 - 14 - 00476 Decedent's Complete Address: DECEDENT'S NAME Wertz, James R Sr. STREET ADDRESS 128 Hummel Avenue CITY STATE ZIP Lemoyne PA 17043 Tax Payments and Credits: 1. Tax Due(Page 2,Line 19) (1) 2,034.52 2. Credits/Payments A. Prior Payments 3,000.00 B. Discount 101.73 Total Credits(A +B) (2) 3,101.73 3. Interest (3) 0.00 4. If Line 2 is greater than Line 1 +Line 3,enter the difference. This is the OVERPAYMENT. (4) 1,067.21 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) 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;.................................... ❑ Fxl c. retain a reversionary interest;or.................................................................................................................. ❑ ❑x d. receive the promise for life of either payments,benefits or care?.............................................................. ❑ 2. If death occurred after December 12, 1982,did decedent transfer property within one year of death 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?......... ❑ 0 4. Did decedent own an Individual Retirement Account,annuity,or other non-probate property which contains a beneficiary designation?...................................................................................................................... ❑ 0 IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES,YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. For dates of death on or after July 1,1994 and before Jan. 1,1995,the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3 percent[72 P.S.§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 1.2)[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)1. A sibling is defined under Section 9102,as an individual who has at least one parent in common with the decedent,whether y blood or adoption. war SCHEDULE A COMMONWEALTH OF PENNSYLVANIA REAL ESTATE INHERITANCE TAX RETURN RESIDENT DECEDENT FILE NUMBER ESTATE OF Wertz, James R Sr. 21 - 14-00476 All real property owned solely or as a tenant in common must be reported at fair market value. Fair market value is defined as the price at which property would be exchanged between a willing buyer and a willing seller, neither being compelled to buy or sell, both having reasonable knowledge of the relevant facts.Real property which is jointly-owned with right of survivorship must be disclosed on schedule F. Attach a copy of the settlement sheet if the property has been sold. Include a copy of the deed showing decedent's interest if owned as tenant in common. ITEM DESCRIPTION VALUE AT DATE OF NUMBER DEATH 8 Single family residence at 128 Hummel Avenue, Lemoyne, Cumberland County, PA, in 63,000.00 advanced state of disrepair. Value based upon arms-length sale of property to independent third party(see settlement sheet attached). 4 I TOTAL(Also enter on Line 1, Recapitulation) 63,000.00 SCHEDULE E CASH, BANK DEPOSITS, & MISC. COMMONWEALTH PENNSYLVANIAOF PERSONAL PROPERTY INHERITANCE RETURN TAX RETURN RESIDENT DECEDENT FILE NUMBER ESTATE OF Wei, James R Sr. 21 - 14-00476 Include the proceeds of litigation and the date the proceeds were received by the estate.All property jointly-owned with the right of survivorship must be disclosed on schedule F. ITEM DESCRIPTION VALUE AT DATE OF NUMBER DEATH 8 2002 Chevrolet automobile no longer operating. The vehicle was sold for scrap. 275.00 9 Miscellaneous items of household furnishings and personal property in poor condition 350.00 10 Final pension payment from Commonwealth of Pennsylvania State Employees Retirement 361.82 System (for 7 days in April) TOTAL(Also enter on Line 5, Recapitulation) 986.82 SCHEDULE COMMONWEALTH RITANC TAX PENNSYLVANIA JOINTLY-OWNED PROPERTY INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Wertz, James R Sr. I FILE NUMBER 21 - 14-00476 If an asset was made joint within one year of the decedent's date of death, it must be reported on schedule G. SURVIVING JOINT TENANT(S)NAME ADDRESS RELATIONSHIP TO DECEDENT Debra A. Forker 5082 Carrolton Drive Daughter A Harrisburg, PA 17112 JOINTLY OWNED PROPERTY: LETTER DATE 9%SCRIPT.10 JF PR0 R %OF DATE of DEATH ITEM FOR JOINT MADE Include name o nandp Ins I u Ion an ban account numbe DATE OF DEATH DECD'S VALUE OF NUMBER TENANT JOINT or similar identifying number.Attach deed for jointly-held real VALUE OF ASSET estate. INTEREST DECEDENTS INTEREST 1 A 2009 Regular share account No. 01 with PSECU 2184 50% 108.92 2 A 2009 Checking account No. 04 with PSECU 4,900.42 50% 2,450.21 3 A 2009 Money market account with PSECU 9,348.32 50% 4,674.16 TOTAL(Also enter on line 6, Recapitulation) 7,233.29 SCHEDULE H COMMONWEALTH OF PENNSYLVANIA FUNERAL EVENSES& INHERITANCE TAX RETURN RESIDENT DECEDENT -DMINCMTI ECOSTS ESTATE OF Wertz, James R Sr. FILE NUMBER21 - 14-00476 Debts of decedent must be reported on Schedule I. ITEM NUMBER FUNERAL EXPENSES: DESCRIPTION AMOUNT A. 1 Parthemore Funeral Home and Cremation Services, Inc. (balance of funeral bill was 40.80 paid by prepayment program with SecurChoice) 2 Parthemore Funeral Home and Cremation Services, Inc. (transportation services for 810.00 remains) B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Name of Personal Representative(s) Street Address City State Zip Years)Commission paid 2. Attorney's Fees Samuel L.Andes, Esquire 1,500.00 3. Family Exemption: (If decedent's address is not the same as claimant's,attach explanation) Claimant Street Address City State Zip Relationship of Claimant to Decedent 4. Probate Fees Register of Wills 218.50 5. Accountant's Fees 6. Tax Return Preparer's Fees 7. Other Administrative Costs 8 The Sentinel (advertising) 158.68 TOTAL(Also enter on line 9, Recapitulation) 9,165.53 ' ` COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN AdrdnishalwI04stsconfimsd RESIDENT DECEDENT ESTATE OF Wertz, James R Sr. FILE NUMBER 9 Cumberland Law Journal (advertising) 75.00 10 2013-2014 School real estate taxes 1,562.64 11 2013-2014 per capita taxes 9.80 12 expenses incurred to maintain home(see Schedule attached) 4,590.11 13 Miscellaneous costs incurred for the sale of real estate(see lines 1110 through 1114 200.00 of settlement sheet attached) Page 2ofSchedule H K x SCHEDULEI DEBTS OF DECEDENT, MORTGAGE COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN LIABILITIES, & LIENS RESIDENT DECEDENT FILE NUMBER ESTATE OF Wertz, James R Sr. 21 - 14.00476 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 8 9 VA Prescription Services 48.00 10 West Shore EMS 244.28 11 Verizon 101.62 12 2014 Municipal and county real estate taxes 772.24 13 Homeowners insurance 719.01 Citi Financial (balance owed on home equity loan 12,858.59 Citi Financial (credit card balance) 200.00 14 PSECU (balance owed on auto loan) 870.67 15 Comcast bill 1,028.71 TOTAL(Also enter on Line 10, Recapitulation) 16,843.12 REV-1513 EX+(11-08) SCHEDULE COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN BENEFICIARIES RESIDENT DECEDENT ESTATE OF FILE NUMBER Wertz, James R Sr. 1 21 - 14-00476 RELATIONSHIP TO SHARE OF ESTATE AMOUNT OF ESTATE NUMBER NAME AND ADDRESS OF PERSON(S) DECEDENT (Words) ($$$) RECEIVING PROPERTY Do Not List Trustee(s) TAXABLE DISTRIBUTIONS rinclude outright spousal distributions,and transfers under Sec.9116(a)(1.2)] 1 James R.Wertz,Jr. Son one-third 128 Hummel Avenue Lemoyne, PA 17043 2 Catherine L. Smith Daughter one-third 128 Hummel Avenue Lemoyne, PA 17043 3 Debra A. Forker Daughter one-third 5082 Carrolton Drive Harrisburg, PA 17112 Enter dollar amounts for distributions shown above on lines 15 through 18 on Rev 1500 cover sheet,as appropriate. NON-TAXABLE DISTRIBUTIONS: A.SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN B.CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART 11-ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET 0.00 OMB Approval No.2502-0265 lllill A.Settlement Statement (HUD-1) B, Type of Loan e.Fife Number. J.Loan Number. 8.Mortgage Insurance Case Number: 1. ❑FHA 2. M RHS 3. Conv.Unins. CAA-Feirzlee- 4. E]VA 5. M Conv.Ins. A06190645 C.Note; This form is furnished to give you a statement of actual settlement costs. Amounts paid to and by the settlement agent are shown.Items marked were paid outside the closing;they are shown here for informational purposes and are not included in the totals. O.Name&Address of Borrower: E.Name&Address of Seller: F.Name&Address of Lender: Kevin Felmlee Estate of James R.Wertz,Sr.,Debra A. PA Forker,Executrix PA MaArgaret Felmlee P G.Property Location: H.Settlement Agent: I.Settlement Date: 128 Hummel Avenue Capital Area Abstract Inc.,David J. 03/ifJ2015 Lemoyne,PA 17043 Lanza Phone Number:717-303.0322 Cumberland County 2132 Market Street Camp Hill,PA 17011 Place of Settlement: 2132 Market Street Camp Hill,PA 17011 Disbursement Date:03H6/2015 J. Summary of Borrower's Transaction K.Summary of Seller's Transaction 100.Gross Amount Due From Borrower 400. Gross Amount Due To Seller 101.Contract sales price $63,poo.00 401.Contract sales price $63,000.00 102.Personal property 402.Personal property 103.Settlement charges to borrower(line 1400) $1,420.50 403. 104• 404. 105. 405. Adjustments for items paid by setter in advance Adjustments for items paid by seller In advance 106.City/town taxes to 406.City/town taxes to 107.County taxes 0311612015 to 1213112015 $624,88 407.County taxes 0311612015 to 1 213 112 01 5 $614.86 108.Assessments 0311612015 to 0 613 012 01 5 $444.73 408.Assessments 0311612015 to 0 613 012 01 5 $444.73 109, 409. 110. 410. ill. 411. 112. 412. 120.Gross Amount Due From Borrower $65,480.11 420.Gross Amount Due To Seller $64,059.61 200.Amounts Paid By Or In Behalf Of Borrower 600.Reductions In Amount Due To Seller 201.Deposit or earnest money 501.Excess deposit(see instructions) 202.Principal amount of new loan(s) 502.Settlement charges to seller(line 1400) $1,929.08 203.Existing loan(s)taken subject to 503.Existing loan(s)taken subject to 204. 504.Payoff of first mortgage loan Citi,Fin (est) $13,000.00 205, 505.Payoff of second mortgage loan 206. Rent Credit to Buyer $1,020.00 506.Rent Credit to Buyer $1,020.00 207. 507, 208. SOB. 209. 509. Adjustments for items unpaid by seller Adjustments for Items unpaid by seller 210.Ci /town taxes to 510.City/town taxes to 211.County taxes to 511.CountV taxes to 212.Assessments to 512.Assessments to 213. 513. 214. 514. 215. 515. 216. 516, 217. 517. 218. 518. 219. 519. 220.Total Paid By/For Borrower $1,020.00 520.Total Reduction Amount Due Seller 515,949.09 300.Cash At Settlement FromiTo Borrower 600.Cash At Settlement To/From Seller 301.Gross amount due from borrower(line 120) $65,480.11 601.Gross amount due to seller(line 420) S64,059.61 302.Less amounts paid by/for borrower(cine 220) ( $1,020.00 602.Less reductions in amt.due seller{line 520} $15,949.08 303.Cash ® From ❑To Borrower $64,460.11 603.Cash ®To ❑From Seller $48,110.53 The public Reporting Burden for this collection of information is estimated at 35 minutes per response for collecting,reviewing,and reporting the data.This agency may not collect this information,and you are not required to complete this form,unless,it displays a currently valid OMB control number.No Confidentiality is assured;this disclosure is mandatory.This is designed to provide the parties to a RESPA covered transaction with information during the settlement process. Previous editions are obsolete Pagel of 3 HUD-1 L. Settlement Charges 700.Tata(Real Estate Broker Fees f}ivIsIOn of Commission(fine 700)as follows: 701.$ Paid From Paid From 702.$ to Borrower's Sellers Funds at Funds a 703.Commission paid at Settlement to t Settlement S urdse 704. 800.Items Payable In Connection With Loan { P.o.c.by 601.Our origination charge 802.Your credit or charge(points)for the specific interest rate chosen $ (from GFE#1) 803.Your adjusted origination charges $ (from GFE#2) 804.Appraisal fee to (from GFE A) $0.00 805.Creditreport to { Ro'c'by i(from GFE#3) 806.Tax service to i PAC by l i(from GFE#3) 807,Flood certification PAC by i(from GFE#3) 8.08, i P.o.c.by i (from GFE#3) 809. 810, 811. 812. 9D0.Items Required By Lender 7o Be Pald in Advance 901.Daily interest charges from 902.Mortgage Insurance Premium far to @$ /clay(from GFE#10) to months. (from GFE#3) 903.Homeowner's insurance for to years. {from GFE#11) 904, to years. 905. 1000.Reserves Deposited With Lender 1001.tnitiai deposit for your escrow account 1002.Homeowner's insurance (from GFE#9) 1003 Mortgage insurance months @$ per month $ 1004.Property taxes months @$ per month $ 1005. months @$ per month $ 1006 months @$ per month $ 1007.Aggregate Adjustment months @$ per month $ 1100.Tina Charges $ 0.00 1101.Title services and lender's title insurance 1102.Settlement or Closing fee (from GFE#4) $15.00 1103.Owner's title insurance (issued through :gel evri ty Title $ 1104.Lender's tine insurance (from GFE#5) $696.so 1105.Lender s title policy limit$ $ 1108.Owner's title policy limit$63,000.00 1107,Agents portion of the total title insurance premium stract, Znc. 1108.Underwriter's portion of the total title insurance premium security Title $592,02 1109• sn2 $10C48 1110, Notary Fee to Notary public 1111, Wire Transfer Fee to CAAbstract, Xne. $5.00 $20.00 1112. overnight Fee to CAAbstraot, inc. $10.00 1113. Tax Cert. Reim. Fee to CAAbstract, Xnc, $30.00 1114. Dead Prep. Fan to Samuel Z. Axid.,1115. � $20.00 1200.Government Recording and Transfer Charges $150.00 1201. Cumbar2and County RBQOrdar a,f Daada 1202.used$79.00 Government recording charges: (from GFE#7) $79.D0 Mortgage$ ;Releases$ 1203.Transfer taxes LTrmberland County Recorder of Deeds 1204.City/COun taxtstam s: from GFE#8) $630.00 I .State tax/stamps: Deed$630.00 Mortgage $ $630.00 1206. Deed$630.00 Mortgage $ 1207. $ 1208. $ 1209. $ 1300.AdditionalSettlement Charges $ 1301.Required services that you can shop for 1302. (from GFE#8) 1303. $ 1304. $ 1305. 1306. 1307. 2025 CountylBorOugh Taxes to Faith Nicola 1308. Final Sever Bill to Lemoyne Borough (Nov. 6 - ayarch 26) $773.90 1309. $325.18 1400.Total Settlement Charges(enter on lines 103,Section J and 802,Section K) $1,920.50 $1,929.08 Previous editions are obsolete Page 2 Of 3 HUD-1 t Certification (continued from HUD-1) I hove carefully reviewed the HUD-1 Settlement Statement and to the best of my knowledge and belief, it is a true and accurate statement of all receipts and disbursements made on my account or by me in this transaction. I further certify that I have received a copy of the HUD-1 Settlement Statement, Seller or Borrower: �Akfl- -�tL Date: —311(:j LS Agent: L I< Date: Kevin Felmlee Debra A.Forker, Executrix Estate of James R.Wertz,Sr. Seller or Borrower: MkL•"4 4A Date: Agent: Date: Marg et Felmlee The HUD-1 Settlement which I have prepared is a true and accurate account of this tran tion. I have caused or will cause the funds to be disbursed in accordance with this statement. Date: Settlement Agent: Date: David J.Lanza WARNING: It is a crime to knowingly make false statements to the United States on this or any other similar form. Penalties upon conviction can include a fine and imprisonment. For details see:Title 18 U.S,Code Section 1001 and Section 1010. Estate of Wertz,James R. Sr. 21-14-00476 Schedule B PA American Water Company $761.34 Lemoyne Borough sewer bill $963.83 UGI $1,243.64 Penn Waste refuse bill $174.00 2015 Municipal and county taxes (less $159.02 proration at settlement) PPL electric service 1 288.28 $4,590.11 i� WILL OF JAMES R. WERTZ, SR. I, JAMES R. WERTZ, SR., of the Borough of Lemoyne, 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 H. I give,devise,and bequeath all of my possessions and estate of every nature and 4 wherever situate to such of my issue,per stirpes, as survive my death by sixty(60)days. ITEM III. I appoint my daughter, DEBRA A. FORKER, executrix of this my last will. Should my said daughter predecease me or otherwise fail to qualify or cease to serve as executrix of this my last will,I appoint my son,JAMES R. WERTZ,JR.,of this my last will. ITEM IV. In addition to the other powers and authorities granted to my personal representative by Pennsylvania Law and by the other terms and provisions of this will, I hereby give to my personal representative 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 representative 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 or its successor without restriction to investments authorized for Pennsylvania fiduciaries, as my personal representative deems proper,without regard to any principle of risk or diversification; to retain any or all assets of my estate,real or 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 representative deems proper; and to allocate ceipts and expenses to principal or income or partly to each as my personal representatives deem proper in their sole discretion. Page 1 of 3 ITEM V. 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 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 day of 2407.. ES R. WERTZ, SR. The preceding instrument,consisting of this and one other typewritten pages, each identified by the signature of the testator was on the date thereof signed,published, and declared by JAMES R. WERTZ, SR., the testator therein named, as and for his last will,in the presence of us, who at his request,in his presence, and in the presence of each other, have subscribed our names as witnesses hereto. Safnuel L. Andes Amy Ha6m`-� Page 2 of 3 COMMONWEALTH OF PENNSYLVANIA } ( SS.: COUNTY OF CUMBERLAND } The undersigned,being the testator whose name is signed to the attached 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 signed it as my free and voluntary act for the purposes therein expressed. JANV R.WERTZ, SR. 41 Sworn or affirmed to and acknowledged before me by the testator named above this F�day of � 2007. z ,:= t1TAIMAO.lEA� j ' PUKC Notary �c 1Co. COMMONWEALTH OF PENNSYLVANIA ) (SS.. COUNTY OF CUMBERLAND ) WE, SAMUEL L. ANDES and AMY HARK.INS,the witnesses 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 testator sign and execute the instrument as his last will;that he signed it willingly and that he executed it as his free and voluntary act for the purposes therein expressed;that each of us in the hearing and sight of the testator sighed the will as witnesses; and that to the best of our knowledge,the testator was at that time 18 or more years of age,of sound mind,and under no constraint or undue influence. y 2w- Sainuef L.Andes Sworn or affirmed to and Amy HaAns ackno le 5j dged before me this day of ,2007. Notary ublie L LVW � �FES.J.209 4 Page 3 of 3 {