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HomeMy WebLinkAbout06-10-15 (2) z 7 pennsylvania 1505618403 DEPARTMENT OF REVENtX(03-14) REV-150110 OFFICIAL USE ONLY Bureau of Individual Taxes County Code Year File Number PO BOX 280601 INHERITANCE TAX RETURN Harrisburg, PA 17128-0601 RESIDENT DECEDENT 21 13 1139 ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death MMDDYYYY Date of Birth MMDDYYYY 10 14 2013 09 22 1926 Decedent's Last Name Suffix Decedent's First Name MI BRAZEN JOHN (If Applicable)Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW RX 1. Original Return 2. Supplemental Return 3. Remainder Return(date of death prior to 12-13-82) 4. Agricultural Exemption(date of 5. Future Interest Compromise(date of 6. Federal Estate Tax Return Required death on or after 7-1-2012) death after 12-12-82) RX 7. Decedent Died Testate 8. Decedent Maintained a Living Trust 9. Total Number of Safe Deposit Boxes (Attach copy of will) (Attach copy of trust.) ❑ 10. Litigation Proceeds Received 11. Non-Probate Transferee Return ❑ 12. Deferral/Election of Spousal Trusts (Schedule F and G Assets Only) 13. Business Assets ❑ 14. Spouse is Sole Beneficiary (No trust involved) CORRESPONDENT-THIS SECTION MUST BE COMPLETED.ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number GREGORY K RICHARDS ESQ 717 533 3280 First Line of Address 134 SIPE AVENUE Second Line of Address City or Post Office State ZIP Code HUMMELSTOWN PA 17036 Correspondent's email address: _9kr@jsdc.com REGISTFRjOF WILLS USEANLY—,7 tTt REGISTER OF WILLS USE ONLY -- DATE FILED MMDDYYYY DATE.FILEDSTAM P3 ---3 t.,r C�o C c Side 1 1505618403 1505618403 v�� 1505618411 REV-1500 EX Decedent's Social Security Number Decedents Name: Brazen, John RECAPITULATION 1. Real Estate(Schedule A)....................................................................................... 1. 2. Stocks and Bonds(Schedule B)............................................................................. 2. 3. Closely Held Corporation,Partnership or Sole-Proprietorship(Schedule C)......... 3. 4. Mortgages and Notes Receivable(Schedule D).................................................... 4. 5. Cash,Bank Deposits and Miscellaneous Personal Property(Schedule E).......... 5. 91386 - 99 6. Jointly Owned Property(Schedule F) ❑ Separate Billing Requested............ 6. 7. Inter-Vivos Transfers&Miscellaneous Non-Probate Property (Schedule G) ❑ Separate Billing Requested............ 7. 411 ,145 - 95 8. Total Gross Assets(total Lines 1 through 7)........................................................ 8. 420 ,532 . 94 9. Funeral Expenses and Administrative Costs(Schedule H).................................... 9. 7,6 3 7 - 75 10. Debts of Decedent,Mortgage Liabilities and Liens(Schedule 1)............................ 10.' 1 , 460 - 00 11. Total Deductions(total Lines 9 and 10)................................................................ 11. 9-,097 - 75 12. Net Value of Estate(Line 8 minus Line 11).......................................................... 12. 411,435 - 19 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. 411,435 - 19 TAX CALCULATION-SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate,or transfers under Sec.9116 (a)(1.2)X.00 15. 0 . 00 16. Amount of Line 14 taxable at lineal rate X .045 411-,435 - 19 16. 181514 - 58 17. Amount of Line 14 taxable at sibling rate X.12 0 . 00 17. 0 . 00 18. Amount of Line 14 taxable at collateral rate X.15 0 . 00 18. 0 . 00 19. TAX DUE................................................................................................................ 19. 18 -,514 . 58 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT ❑ Under penalties of perjury,I declare 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 person responsible for filing the return is based on all information of which preparer has any knowledge. SIGNATUROF RSON RESPONSIBJ..E FOR FIL RETURN LAnne A. Esposito D EP , a-., A­7ZZ, ADDRESS (p p` 5915 eph s Crossing,/N_ rossin , clonicIrg, PA 17050 SIGNATUR PREPARER OT H HANPRES ATIVE Gregory K. Richards Esq. DATE L AD135RdiS 134 Sipe e, Hum I own, PA 17036 I IIIIIIIIIIIIII IIIIIIIIIIIIIIILII IIIIIIIII IIIIIIII �� Side 2 1505618411 1505618411 REV-1500 EX Page 3 Fite Number 21-13-1139 Decedent's Complete Address: DECEDENT'S NAME Brazen,John STREET ADDRESS 2100 Bent Creek Blvd. CITY STATE ZIP Mechanicsburg PA 17050 Tax Payments and Credits: 1. Tax Due(Page 2,Line 19) (1) 18,514.58 2. Credits/Payments A. Prior Payments 17,000.00 B. Discount 894.74 Total Credits(A +B) (2) 17,894.74 3. Interest (3) 4. If Line 2 is greater than Line 1 +Line 3,enter the difference. This is the OVERPAYMENT. (4) Check box on Page 2,Line 20 to request a refund 5. If Line 1 +Line 3 is greater than Line 2,enter the difference. This is the TAX DUE. (5) 619.84 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............................................................................................................... ❑ ❑x d. receive the promise for life of either payments,benefits or care?............................................................ ❑ ❑x 2. If death occurred after Dec. 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration?.................................................................................................................... ❑ ❑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 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 step-parent 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)j. • 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 blood or adoption. Rev-1508 EX+(08-12) SCHEDULE E pennsylvania CASH, BANK DEPOSITS, & MISC. DEPARTMENT OF REVENUE INHERITANCE TAX RETURN PERSONAL PROPERTY RESIDENT DECEDENT ESTATE OF FILE NUMBER Brazen,John 21-13-1139 Include the proceeds of litigation and the date the proceeds were received by the estate. All property jointly-owned with the right of survivorship must be disclosed on schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1 Metro Bank Checking Account#32039174-valued per letter dated December 19,2013 8,361.61 Accrued interest on Item 1 through date of death 1.57 2 Metro Bank Savings Account#626039853-valued per letter dated December 19,2013 23.81 3 Personal Property 1,000.00 TOTAL(Also enter on Line 5, Recapitulation) 9,386.99 (If more space is needed,additional pages of the same size) Copyright(c)2012 form software only The Lackner Group, Inc. Form PA-1500 Schedule E(Rev.08-12) Rev-1510 EX+(08-09) SCHEDULE G pennsylvania INTER-VIVOS TRANSFERS AND DEPARTMENT OF REVENUE INHERITANCE TAX RETURN MISC. NON-PROBATE PROPERTY RESIDENT DECEDENT ESTATE OF FILE NUMBER Brazen,John 21-13-1139 This schedule must be completed and filed if the answer to any of questions 1 through 4 on page three of the REV-1500 is yes. ITEM DESCRIPTION OF PROPERTY DATE OF DEATH % DECD'S EXCLUSION TAXABLE NUMBER THE DATE OF TRANSE OF FER.SATfACH THEIR COPYOF THE RELATIONSHIP FOR REAL ESTATEDENT E. VALUE OF ASSET INTEREST (IF APPLICABLE) VALUE 1 Investors Insurance Corporation Annuity Contract# 411,145.95 411,145.95 C0022680-beneficiaries are Lynne A. Esposito, Elizabeth L. Esposito,John C. Esposito,and Joseph P. Esposito TOTAL(Also enter on Line 7, Recapitulation) 411,145.95 (If more space is needed,additional pages of the same size) Copyright(c)2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule G(Rev.08-09) REV-1511 EX+(08-13) pennsylvania SCHEDULE H DEPARTMENT OF REVENUE FUNERAL EXPENSES AND INHERITANCE TAX RESIDENT DECEDENT RETURN ADMINISTRATIVE COSTS ESTATE OF FILE NUMBER Brazen,John 21-13-1139 Decedent's debts must be reported on Schedule I. ITEM DESCRIPTION AMOUNT NUMBER A. FUNERAL EXPENSES: B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Name of Personal Representative(s) Street Address City State Zio Year(s)Commission Paid 2. Attorney's Fees James, Smith, Dietterick& Connelly, LLP 7,500.00 3. Family Exemption: (If decedent's address is not the same as claimant's,attach explanation) Claimant Street Address City State ZiD Relationship of Claimant to Decedent 4. Probate Fees 113.50 5. Accountant's Fees 6. Tax Return Preparer's Fees 7. Other Administrative Costs 24.25 See continuation schedule(s) attached TOTAL(Also enter on line 9, Recapitulation) 7,637.75 Copyright(c)2013 form software only The Lackner Group, Inc. Form PA-1500 Schedule H(Rev.08-13) SCHEDULE H FUNERAL EXPENSES AND ADMINISTRATIVE COSTS continued ESTATE OF FILE NUMBER Brazen,John 21-13-1139 ITEM NUMBER DESCRIPTION AMOUNT Other Administrative Costs 1 Cumberland County Register of Wills-short certificate 5.00 2 UPS -overnight delivery charges 19.25 H-B7 24.25 Copyright(c)2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H(Rev.6-98) Rev-1512 EX+(12-12) SCHEDULE 1 pennsylvania DEBTS OF DECEDENT, DEPARTMENT OFMORTGAGE LIABILITIES AND LIENS RET INHERITANCE TAXAXRETURRNN RESIDENT DECEDENT ESTATE OF FILE NUMBER Brazen,John 21-13-1139 Report debts incurred by the decedent prior to death that remained unpaid at the date of death,including unreimbursed medical expenses. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1 Angels on Call-private nurses 1,460.00 TOTAL(Also enter on Line 10, Recapitulation) 1,460.00 (If more space is needed,additional pages of the same size) Copyright(c)2012 form software only The Lackner Group, Inc. Form PA-1500 Schedule I(Rev. 12-12) REV-1513 EX+(01-10) pennsylvania SCHEDULE J DEPARTMENT OF REVENUE INHERITANCE TAX RETURN BENEFICIARIES RESIDENT DECEDENT ESTATE OF FILE NUMBER Brazen,John 21-13-1139 RELATIONSHIP TO NUMBER NAME AND ADDRESS OF DECEDENT SHARE OF ESTATE AMOUNT OF ESTATE PERSON(S)RECEIVING PROPERTY (Words) ($$$) 0 of i ee s I. TAXABLE DISTRIBUTIONS [include outright spousal distributions,and transfers under Sec.9116(a)(1.2)] 1 Elizabeth L. Esposito Granddaughter 20%of Annuity 82,229.19 5915 Stephens Crossing Mechanicsburg, PA 17050 2 John C. Esposito Grandson 20%of Annuity 82,229.19 301 Chestnut Street Apt. 1810 Harrisburg, PA 17101 3 Joseph P. Esposito Grandson 20%of Annuity 82,229.19 56 Devonshire Square Mechanicsburg, PA 17050 4 Lynne A. Esposito Daughter 100%of residue; 164,747.62 5915 Stephens Crossing 40%of annuity Mechanicsburg, PA 17050 Total 411,435.19 Enter dollar amounts for distributions shown above on lines 15 through 18 on Rev 1500 cover sheet as appropriate. NON-TAXABLE DISTRIBUTIONS: II. A.SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN B.CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET Copyright(c)2010 form software only The Lackner Group,Inc. Form PA-1500 Schedule J(Rev.01-10) r LAST WILL AND TESTAMENT OF JOHN BRAZEN 1, John Brazen (Social Security number '189-20-1577), currently a resident of Cumberland County, Pennsylvania, being of sound mind and memory and over the age of eighteen(18) years, do hereby make, publish, and declare this to be my last Will, hereby revoking all other Wills and Codicils heretofore made by me. ARTICLE FIRST IDENTITY OF CHILDREN I am presently unmarried but, from a previous marriage to Elizabeth J. Brazen, who died on October 4, 2004, have one living child, whose name and birth date are: Name Birth Date Lynne A. Esposito March 30, 1957 have no deceased children. ARTICLE SECOND PROPERTY BEING DISPOSED It is my intention to dispose of all my property. However, I do not intend to exercise any power of appointment which I now possess or which may hereafter be conferred on me, unless such power is specifically referred to herein or in any Codicil hereto. ARTICLE THIRD PAYMENT OF BURIAL EXPENSES AND DEBTS I authorize my Executor to pay all the expenses of(a) a funeral service at Neill Funeral Home, 3401 Market Street, Camp Hill, PA; (b) the interment of my remains, including the costs of a gravesite, at the Gate of Heaven Cemetery, 1313 South York Street, Mechanicsburg, PA; and (c) the installation and inscription of a suitable marker at, and perpetual care of, the gravesite. Most of such expenses have been pre-paid. I further direct my Executor to pay all of my debts that my Executor in his or her sole discretion may allow as claims against my estate. John Braze - 1 - ARTICLE FOURTH SPECIFIC BEQUESTS .Tangible Personal Property a. If, during my lifetime, I have composed a list setting forth a certain distribution -among-my daughter and grandchildren of-my tangible-personal--property(including,--but not limited to,jewelry; clothing, household furniture and furnishings, dishware, silver, pictures, books, etc.) then I give, devise and bequeath the property that is included on such list to my daughter and grandchildren direct that my Executor distribute such property at his or her discretion, but with the recommendation that he or she distribute in accordance with the list. If no such list has been composed or if such list has been composed but excludes any of my tangible personal property, then my daughter and grandchildren who survive me, at the discretion of my Executor, shall alternately select unlisted items of tangible personal property from my estate with the recommendation that the aggregate value of such property selected by each person be substantially equal. Any tangible personal property not included on a list and not selected I by my children shall be included in my residuary estate for disposition under Article Fifth, following. ARTICLE FIFTH RESIDUE a. I give, devise and bequeath all my remaining property to my daughter, Lynne. Lynne not Surviving b. If Lynne does not survive me, but has surviving issue, I give devise and bequeath all of my remaining property to her issue in equal shares. If Lynne has no living issue, then my estate shall be distributed in accordance with the intestate law of the Commonwealth of Pennsylvania. ARTICLE SIXTH PAYMENT OF DEATH TAXES All estate, inheritance, and succession taxes, together with any interest and penalties thereon, payable as a result of my death and imposed with respect to any property, whether or not disposed of by this Will, shall be paid out of the residue of my estate. John - 2 - ARTICLE SEVENTH EXECUTOR I appoint my daughter, Lynne, as the Executor of this Will. Should she be unable or unwilling to serve in this capacity, I appoint Dale A. Achenbach, Esq., of York, Pennsylvania, as Executor. I direct that no action shall be taken in any court in the administration of my estate other than the probating and recording of this Will and the return of any inventory, appraisement, and list of claims of my estate. ARTICLE EIGHTH POWER OF FIDUCIARIES All fiduciaries (which term whenever used herein shall include my Executors and Trustees) serving hereunder shall do so without bond or other security in any jurisdiction. By way of illustration and not limitation and in addition to any inherent, implied or statutory powers granted to fiduciaries generally, my fiduciaries are specifically authorized and empowered with respect to any property, real or personal, or at any time held under any provisions of this my Will: to allot, allocate between principal and income, assign, borrow, buy, care for, collect, compromise claims, contract with respect to, continue any business of mine, convey, convert, deal with, dispose of, enter into, exchange, hold mortgage, grant and exercise options with respect to, take possession of, pledge, receive, release, repair, sell, sue for, to make distributions or divisions in cash or in kind or partly in each without regard to the income tax basis of such asset and in general, to exercise all of the powers in the management of my estate or any trust created hereunder which any individual could exercise in the management of similar property owned in their own right, upon such terms and conditions as my fiduciaries may deem proper or necessary to carry out the purposes of this my Will, without being limited in any way by the specific grants of power made and without necessity of a court order. ARTICLE NINTH GENERAL Effect of Inooerative. Invalid, or Illegal Provision a. If any provision of this Will or of any Codicil thereto is held to be inoperative, John Braze invalid, or illegal, it is my intention that all of the remaining provisions thereof shall continue to be fully operative and effective so far as is possible and reasonable. Headings b. The headings above.the various provisions of this Will have been included only to make it easier to locate the subject covered by each provision and are not to be used in constructing this Will or in ascertaining my intentions. Number and Gender Defined c. As used in this Will, whenever the context so indicates, the masculine, feminine, or neuter gender, and the singular or plural number, shall.each be deemed to include the others. Simultaneous Death d. If any legatee, devisee, or belneficiary of any trust shall die simultaneously with me or there is not direct evidence to establish that such person and I died other than simultaneously, I hereby declare that I shall be deemed to have survived such person. IN WITNESS WHEREOF, 1, JOHN BRAZEN, hereby set my hand to this my last Will, each page of which has been signed or initialed by me, on this 1-11"'A day of 2006 at Hershey, Pennsylvania. John Brazv:�' - 4 - Attestation Clause The foregoing instrument (consisting of 7 pages, including this page and the following Acknowledgement and Affidavit) was in our presence signed by John Brazen and declared by him to be his last Will. We, at his request and in his presence and in the presence of each other, all being present-at the same time, have hereunto subscri ed our names as witnesses on this 2 day of 2006. 6 (9t Residence: r r b Lint , Residence: &IIVI Me, - 5 - ACKNOWLEDGEMENT COMMONWEALTH OF PENNSYLVANIA : SS: COUNTY OF Y-0 4 V 1, John Brazen, the testator whose name is signed to the attached or foregoing instrument, having been duly qualified according to law, hereby acknowledge that I signed and executed the instrument as my last Will and that I signed it willingly and as my free and voluntary act for the purposes therein expressed. Sworn to or affirmed and acknowledged before me by John Brazen, the testator, on this date: John Brazen Notary P lic NOTARIAL$EAL CHERYL M.KLINEDINST,NOTARY PUBLIC CITY OF YORK,YORK CO.,PA I My COMMISSION EXPIRES DECEMBER 2,2]0 - 6 - AFFIDAVIT COMMONWEALTH OF PENNSYLVANIA SS: COUNTY OF .We, and kafeyl L) the witnesses whose names are signed t6 the attached or foregoing instrument, having been duly qualified according to law, hereby depose and say that we were present and saw the testator sign and execute the instrument as his last Will, that the testator signed willingly and executed it as his free and voluntary act for the purposes therein expressed, that each subscribing witness in the hearing and sight of the testator signed the Will as witness, 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. Sworn to or affirmed and subscribed to before me by: Af and witnesses, on this date: Z- A Witness W 'v Kneis A o 0 tary 4Public NOTARIAL SEAL CHERYL M.KILINEDINST,NOTARY PUBLIC CITY OF YORK,YORK CO.,PA My COMMISSION EXPIRES DECEMBER 2,2007 - 7 -