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HomeMy WebLinkAbout05-04-05 REV_lSOOEXI6-OO) REV-1500 . COMMONWEALTH OF PENNSYLVANIA . . 'illll... DEPARTMENT OF REVENUE DEPT. 280601 HARRISBURG, PA 17128-0601 , w "' ::r::::!;cn u"'" w"U ,,00 ,,"'" .." .. " INHERITANCE TAX RETURN RESIDENT DECEDENT FILE NUMBER 21 05 0165 COUNTY CODE YEAR NUMBER I- Z W C W U W C DECEDENT'S NAME (LAST. FIRST. AND MIDDLE INITIAL) REYNOLDS, HELEN P. SOCIAL SECURITY NUMBER 177-24-5146 DATE OF BIRTH (MM.DD.YEAR) 08/12/1912 DATE OF DEATH (MM.DD.YEAR) 01/31/2005 THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS SOCIAL SECURITY NUMBER (IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST. FIRST, AND MIDDLE INITIAL) ~1.0riginaIReturn D 4. limited Estate o 6. Decedent Died Testate (Attach copy 01 Will) D 9. litigation Proceeds Received D 2. Supplemental Return D 4a. Future Interest Compromise (date of death after 12-12-82) D 7. Decedent Maintained a living Trust (Attach copy 01 Trust) D 10. Spousal Poverty Credit (dale ofdealh ttetwee~ 12-31-91 and 1-1-95) D 3. Remainder Return (date 01 death prior to 12.13-82) D 5. Federal Estate Tax Return Required 8. Total Number of Safe Deposit Boxes D 11. Election to tax under Sec. 9113(A} {AlIach Sch 0) "' z w c z o .. '" w " " o u THIS SECTION MUST BE COMPLETEO. ALL CORRESPONDENCE ANo'(follllii ~1I;.TAX!JNFORMATIONSHOULD B NAME COMPLETE MAILING ADDRESS JOSEPH J. ELWOOD, EA 21 STATE AVE, SUITE 102 FIRM NAME '''A"'',~b1'1 CARLISLE, PA 17013 WAGGONER, FRUTIGER & DAUB TELEPHONE NUMBER (717) 241-6262 ECTED TO:.' 1. Real Estate (Schedule A) 2. Stocks and Bonds (Schedule B) (1) (2) (3) (4) (5) ..-,,'" 3 Closely Held Corporation, Partnership or Sole-Proprietorship 4 Mortgages & Notes Receivable (Schedule D) z o ~ ...J ::> !:: D. <l: u w 0:: 5 Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) 6. Jointly Owned Property (Schedule F) D Separate Billing Requested Inter-Vivos Transfers & Miscellaneous Non-Probate Property (Schedule G or L) (7) 154,584.00 (6) r..,) \.0 8. Total Gross Assets (total Lines 1-7) (8) 460.00 0.00 154,584.00 9. Funeral Expenses & Administrative Costs (Schedule H) (9) (10) 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) 11. Total Deductions (total Lines 9 & 10) 12. Net Value of Estate (Line B minus Line 11) (11) (12) (13) 460.00 154,124.00 0.00 13. Charitable and Governmental BequestsfSec 9113 Trusts for which an election to tax has not been made (ScheduleJ) 14. Net Value Subject to Tax (Line 12 minus Line 13) (14) 154,124.00 SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES z o ~ I-' ::> D. :E o U >< ~ 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 (a}{1.2) x 0 (15) . . J 5j,J.24.00 x 0 45 (16) 6,935.58 16. Amount of Line 14 taxable at lineal rate 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) 6,935.58 200 CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT > > BE SURE ToJ"'1'l$~R:~tL'QUE$TIQNS ON REVERSE'SIEi'A:IilP'IlEefl Decedent's Complete Address: STREET ADDRESS 430 HOGESTOWN ROAD CITY MECHANICSBURG, I STATEpA I ZIP 17055 Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) (1) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount 6,935.58 Total Credits (A + B + C ) (2) 0.00 3, Interest/Penalty if applicable D. Interest E. Penalty TotallnteresUPenalty ( D + E ) (3) 4. 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 refund (4) 0.00 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) 6,935.58 A. Enter the interest on the lax due. (SA) (5B) B. Enter the total of Line 5 + SA. This is the BALANCE DUE. 6,935.58 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; .,......................... .................... ........................................ 0 [iJ b. retain the right to designate who shall use the property transferred or its income: ................"..........."............ D [iJ c. retain a reversionary interest: or... . . .... . .......... ..... .. .... . ..... ........ .. ....... D [iJ d. receive the promise for life of either payments, benefits or care? ... .......................... ........... .... ............ ...... D [iJ 2. If death occurred after December 12, 1982, did decedenltransfer property within one year of death without receiving adequate consideration? ...................... ....... ..... .... . ... .... ............. ....."......................... D [iJ 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? ............. D ~ 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? .............,............,.............,............,.......,..................,......................................, D [i] 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 pena~ies of pe~ury, 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 Declaralion of preparer other than Ihe personal representative is bas ed on all informalion of which preparer has any knowledge. 51 NATURE OF P: SON RESPONSI LE FOR ~ILlNG R?':~JiJt#.l1b ~~ h... ~ _________ .;..~_E~=q ~.~__~ ___~._ ADDRESS 7~--- 4 BENTZEL DRIVE, MECHANICSBURG, PA 17050 SIGNATUR OF REPARER OC)ER ~TEA ADDRESS '--fl. / 21 STATE SUITE 1 PA 17013 DlE i{ N /0../ . 1;7 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 PS ~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% {72 P,S. S9116 (a) (1.1) (ii)], The statute does not exemot 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 twenty-one 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% (72 P.S. ~9116(a)(1.2)J. The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4,5%, except as noted in 72 P,S. S9116(1,2) [72 P,S, s9116{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. 39116(a)(1.3)], A sibling is defined, under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. REV~1509 EX+ (6~98. COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE F JOINTLY-OWNED PROPERTY ESTATE OF REYNOLDS, HELEN P. FILE NUMBER 21 ~05~0165 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 A. ROBERT E. REYNOLDS 827 FAIRFIELD ST MECHANICSBURG, PA 17055 SON B. ROBERT E. REYNOLDS 827 FAIRFIELD ST MECHANICSBURG, PA 17055 SON C. DORIS L. BERGER 128 TUCKAHOE RD DILLSBURG, PA 17019 DAUGHTER JOINTLY~OWNEO PROPERTY: LETTER DATE DESCRIPTION OF PROPERTY %OF DATE OF DEATH ITEM FOR JOINT MADE INCLUOE NAME OF FINANCIAL INSTITUTION AND BANK ACCOUNT NUMBER OR SIMILAR DATE OF DEATH DECD"S VALUE OF NUMBER TENANT JOINT IDENTIFYING NUMBER, ATTACH DEED FOR JOINTLY-HELD REAL ESTATE. VALUE OF ASSET INTEREST DECEDENT'S INTEREST 1. A. OS/22/01 PNC INVESTMENTS 8ROKERAGE ACCT #70487496 216,241.00 50 108,120.00 2 B 10/05/90 WAYPOINT BANK CD #1000198283 24,048.00 50 12,024.00 3 C 06/28/01 PNC BANK CD #31500211943 11,467.00 50 5,73300 4 D 12/22/96 COMMERCE BANK SAVINGS ACCT #21206 5,001.00 50 2,501.00 5 E 11/10/95 PNC BANK CD #21001028807 10,995.00 50 5,497.00 6 F 10/27/90 CITIZEN'S BANK OF PA CD #6140873606 10,722.00 50 5,361.00 7 A OS/22/01 PNC SAVINGS ACCT #5003607417 5,168.00 50 2,584.00 8 C&G 01/01/60 PNC CHECKING ACCT #5070115172 38,293.00 33 12,764.00 TOTAL (Also enter on line 6, Recapitulation) $ 154,584.00 (If more space is needed, insert additional sheets of the same size) REV-1509 EX+ (5-". COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE F JOINTLY-OWNED PROPERTY ESTATE OF REYNOLDS, HELEN P. FILE NUMBER 21-05-0165 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 A. DORIS L. BERGER 126 TUCKAHOE RD DILLSBURG, PA 17019 DAUGHTER B. SHIRLEY A. FAKE 4 BENTZEL DR MECHANICSBURG, PA 17050 DAUGHTER C. WILLIAM I. REYNOLDS 430 HOGESTOWN RD MECHANICSBURG, PA 17050 SON JOINTLY -OWNED PROPERTY: LETTER DATE DESCRIPTION OF PROPERTY %OF DATE OF DEATH ITEM FOR JOINT MADE INCLUOE NAME OF FINANCIAL INSTITUTION AND BANK ACCOUNT NUMBER OR SIMILAR DATE OF DEATH DECO'S VAlUEQF NUMBER TENANT JOINT IDENTIFYING NUMBER. ATTACH DEED FOR JOINTLY.HELD REAL ESTATE VALUE OF ASSET INTEREST DECEDENT"SINTEREST ,. A. TOTAL (Also enter on line 6, Recepitulation) $ 0.00 (If more space is needed, insert additional sheets of the same size) REV.1509 EX+ 16.98. COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE F JOINTLY-OWNED PROPERTY ESTATE OF REYNOLDS, HELEN P. FILE NUMBER 21-05-0165 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 A. MILDRED E. SCEARCE 126 JAMES RD DANVILLE, VA 24541 DAUGHTER B. C. JOINTLY-OWNED PROPERTY: LETTER DATE DESCRIPTION OF PROPERTY %OF DATE OF DEATH ITEM FQRJOINT MADE INCLUDE NAME OF FINANCIAL INSTITUTION AND BANK ACCOUNT NUMBER OR SIMILAR DATE OF DEATH DECO'S VALUE OF NUMBER TENANT JOINT IDENTIFYING NUMBER ATTACH DEED FOR JOINTLY-HELD REAL ESTATE VALUE OF ASSET INTEREST DECEDENT'S INTEREST 1. A. TOTAL (Also enter on line 6, Recapitulation) $ 0.00 (If more space is needed, insert additional sheets of the same size) REV-1511 EX. 112.991. COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS ESTATE OF REYNOLDS, HELEN P. FILE NUMBER 21-05-0165 Debts of decedent must be reported on Schedule I. ITEM NUMBER A. DESCRIPTION AMOUNT FUNERAL EXPENSES: ,. 0.00 B. 1. ADMINISTRATIVE COSTS: Personal Representative's Commissions 0.00 Name of Personal Represenlative(s) Social Security Number(s)fEIN Number of Personal Representative(s) SlreelAddress City . State lip Year(s) Commission Paid: 2. Attorney Fees 0.00 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) 0.00 Claimanl StreelAddress City Stale .Zip Relationship of Claiman! 10 Decedent 4. Probate Fees 0.00 5. Accountant's Fees 0.00 6. Tax Return Pre parer's Fees 460.00 7. TOTAL (Also enter on line 9, Recepitulation) $ (If more space is needed, insert additional sheets of the same size) 460.00 REV-1513 EX+ (9-00) '* SCHEDULE J BENEFICIARIES COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF REYNOLDS, HELEN P. FILE NUMBER 21-05-0165 RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE J TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 9116 (,J (1.211 1 ROBERT E. REYNOLDS SON' 30,824.00 2 DORIS L. BERGER DAUGHTER 30,825.00 3 SHIRLEY A. FAKE DAUGHTER 30,825.00 4 WILLIAM I. REYNOLDS SON 30,825.00 5 MILDRED E. SCEARCE DAUGHTER 30,825.00 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18, AS APPROPRIATE, ON REV.1500 COVER SHEET " NON.TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART 11- ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET $ 0.00 (If more space is needed, insert additional sheets of the same size) " ~~~'- ~~ , LAST WILL AND TESTAMENT I, HELEN P. REYNOLDS, of Silver Spring Township, County of Cumberland and State of Pennsylvania, being of sound and disposing mind, memory and understanding, do make, publish and declare this as and for my Last Will and Testament, hereby rev~{ing and making void all former wills and codicils by me at any time heretofore made. FIRST. I order and direct that all my just debts and funeral expenses be paid by my Executor or Executors, as the case may be, hereinafter named, as soon as conveniently may be done after my decease. SECOND. I give, devise and bequeath all the rest, residue "~ and remainder of my Estate, real, personal and mi~ed, ~~ftsoe~~ .:::::1J ""'"'1 .":,Jul) !l"j and wheresoever situated, unto my husband, MERVIN S. REnwo~S,ccl . "'<'-/" -- -;(/"))2 C\l absolutely and in fee simple, if he survives me. . ;,o:~;:'->j~' :-",:~~ not;.o~ survi v2 me, THIRD. If my husband, MERVIN S. REYNOLDS, does then and in that event, I give, devise and bequeath my entire said Estate in equal shares unto my five (5) children, namely, ROBERT E. REYNOLDS, MILDRED E. SCEARCE, DORIS L. HYSER, SHIRLEY ANN FAKE, and WILLIAM I. REYNOLDS. share and share alike. Should any of my said children predecease me, I order and direct that the share of my said Estate which would have been distributed to such deceased child had he or she survived me, be distributed to his or her issue per stirpes, said issue being substituted for their deceased parent by representation and being entitled to only that portion of my Estate to which their deceased parent would have been entitled had he or she survived me. LASTLY. I nominate, constitute and appoint my husband, MERVIN S. REYNOLDS, to be the Executor of this, my Last Will and Testament, but if for any reason he should fail to qualify as such Executor or cease so to serve, then I nominate, constitute and appoint my son, ROBERT E. REYNOLDS, and my son-in-law, WALTER H. FAKE, JR., or the survivor of them, to be the Executors hereof, all to serve without bond. IN WITNESS WHEREOF, I. HELEN l? REYNOLDS, have hereunto set my hand and seal to this, my Last Will and Testament which consists of two, (2) typewritten pages to each of which I have affixed my signature this tille, day of tfJ;;!/I/PtJh- A. D., One Thousand Nine Hundred Sixty-seven (1967). {I-{ t' .iP jq1 ~. 'tCUeJ1 ' " IJJ.'WIP,,r-I/UI_, , I (SEAL) The preceding instrument, consisting of this and one (1) other typewritten page, each identified by the signature of the Testatrix, was on the date thereof signed, sealed, published and declared by HELEN P. REYNOLDS, the Testatrix therein named, as and for her Last will and Testament, in the presence of us, who, at her request, in her presence, and in the presence of each other, have subscribed our names as witnesses hereto. ~,~~>4+..A,v . STATE OF PENNSYLVANIA COUNTY OF CUMBERLAND SHORT CERTIFICATE I, GLENDA FARNER STRASBAUGH es ta te of HELEN P REYNOLDS Register for the Probate of Wills and Granting Letters of Administration in and for CUMBERLAND County, do hereby certify that on the 18th day of February, Two Thousand and Five Letters TESTAMENTARY in common form were granted by the Register of said County, on the , la te of SIL VER SPRING TOWNSHIP (First,Middle,Last) in said county, deceased, to ROBERTEREYNOLDS and (First, Middle, Last) WAL TER H FAKE (First, Middfe. L8srJ and that same has not since been revoked. IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed the seal of said office at CARLISLE, PENNSYLVANIA, this 18th day of February Two Thousand and Five. File No. PA File No. Date of Death S.S. # 2005.00165 21.05.0165 1/31/2005 177.24.5146 .C^ r:...,~~~ A ( r-:.l ( Deputy ) c ----- J/L ) (.j YO- J l~ i NOT VALID WITHOUT ORIGINAL SIGNATURE AND IMPRESSED SEAL