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HomeMy WebLinkAbout01-0279 "v/i, - ~/~--3 COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX DIVISION DEPT. 280601 HARRISBURG, PA 17128-0601 NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX DONNA M MULLIN ESQ JAMES ETAL 134 SIPE AVE HUMMELSTOWN PA'l7036 DATE ESTATE OF DATE OF DEATH FILE NUMBER COUNTY ACN 04-30-2001 GREENSMITH 01-14-2001 21 01-0279 CUMBERLAND 101 REV-1547 EX AFP 02-00J ARTHUR S Amount Remitted MAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 CUT ALONG THIS LINE .. RETAIN LOWER PORTION FOR YOUR RECORDS ~ ifE-V = 154-j-Ex -AFIi - (1"2=00 Y-No'ficE-- OF - INHEif i lANCE -,.-A"je-A-PPRA-isEi.fENY-,-- AirowAi.rcE-"ifli-------- - -- - - - - -- DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX ESTATE OF GREENSMITH ARTHUR S FILE NO. 21 01-0279 ACN 101 DATE 04-30-2001 T AX 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) 2. Stocks and Bonds (Schedule B) 3. Closely Held Stock/Partnership Interest (Schedule C) 4. Mortgages/Notes Receivable (Schedule D) 5. Cash/Bank Deposits/Misc. Personal Property (Schedule E) 6. Jointly Owned Property (Schedule F) 7. Transfers (Schedule G) 8. Total Assets (1) (2) (3) (4) (5) (6) (7) .00 .00 .00 .00 .00 .00 186,451.00 (8) APPROVED DEDUCTIONS AND EXEMPTIONS: 9. Funeral Expenses/Adm. Costs/Misc. Expenses (Schedule H) 10. Debts/Mortgage Liabilities/Liens (Schedule I) 11. Total Deductions 12. Net Value of Tax Return 13. Charitable/Governmental Bequests; Non-elected 9113 Trusts (Schedule J) 14. Net Value of Estate Subject to Tax 600.00 (9) (10) .00 (1ll (12) (13) (14) NOTE: To insure proper credit to your account, submit the upper portion of this form with your tax payment. 186,451.00 600 00 185,851.00 75,127.00 110,724.00 14, 15 and/or 16, 17, 18 and 19 will returns assessed to date. NOTE: If an assessment was issued previously, lines reflect figures that include the total of ALL ASSESSMENT OF TAX: 15. Amount of Line 14 at Spousal rate (15) 16. Amount of Line 14 taxable at Lineal/Class A rate (16) 17. Amount of Line 14 at Sibling rate (17) 18. Amount of Line 14 taxable at Collateral/Class B rate (18) 19. Principal Tax Due TAX CREDITS: 110,724.00 X 00 = .00 X 045 = .00 X 12 = .00 X 15 = (19)= .00 .00 .00 .00 .00 PAYHENT RECEIPT DISCOUNT (+) AMOUNT PAID DATE NUMBER INTEREST/PEN PAID (-) TOTAL TAX CREDIT .00 BALANCE OF TAX DUE .00 INTEREST AND PEN. .00 TOTAL DUE .00 * IF PAID AFTER DATE INDICATED, SEE REVERSE FOR CALCULATION OF ADDITIONAL INTEREST. ( IF TOTAL DUE IS LESS THAN $1, NO PAYHENT IS REQUIRED. IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR), YOU HAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORH FOR INSTRUCTIONS.) CAPB HpRL EplO CRAC KOTK ES C P o 0 R N R 0 E E S N T T A X REV-150Q EX +(6-00) REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT /10-)17-3 FILE NUMBER :AI COUNTY CODE o E C E o E N T COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE DEPT. 280601 HARRISBURG, PA 17128-0601 DECEDENT'S NAME (LAST, FIRST, AND MIDDLE INITIAL) Greensmith Arthur S. DATE OF DEATH (MM-DD~YEAR) OFFICIAL USE ONLY Di 179 NUMBER DATE OF BIRTH (MM-DD-YEAR) SOCIAL SECURITY NUMBER YEAR 534-42-3814 THIS RETURN MUST BE FILED IN DUPUCATEWlTH THE 01/14 2001 11/20/1927 (IF APPL CABL J SURVIVING SPOUSE S NAME LAST, FIRST, AND MI OLE INITIAL) REGISTER OF WILLS SOCIAL SEe AITY NUMB R 2. Supplemental Returt"l 4a. Future Interest Compromise (date of death after 12-12-82) X 7. Dec.edent MaintaIned a LiVing Trust (Attaeh copy of Trust) 010. Spousal Poverty Credit 0 11. Ejection to tax under Sec. 91 13(A) (date ot death between 12-31 -91 and 1 ~ 1-95) (Attach Sch Q} ;iiir1f,jilt$'!!!~1li~~~[m~~~D.i\!i>.;1,.~~.glil~R~1'1Q!!N~~~JIiI!lIi;i~Jm~191l'~lill'tqi;i~~JP~i1I~'Pi!!l'E.!!Iil!iilm'@t!0:1;1;\!~i:' NAME COMPLET~ MAILING ADDRESS Greensrnith, Ph 11is M. X 1. Original Return 4. I..lmJted Estate X 6. Decedent Died Testate o 3 idate 0 death . Remainder Return prior to 12-13-82) 5. Federal Estate Tax Return Required 8. Total Number of Safe Deposit Boxes 17036 OFFICIAL USE ONLY (8) 186,451 (11) 600 (12) 185,851 (13) 75.127 (14) 110,724 (15) (16) (17) (18) (19) o (Attach copy of WIU) o 9. Litigation Proceeds ReceIved Donna M. Mullin Es . FlAM NAME (If Applicable) JAMES, SMITH, DURKIN & CONNELLY, LLP TELEPHONE NUMBER 134 Sipe Avenue Hurnme1stown, PA R E C A P I T U L A T I o N 1 5 3- 280 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. Joi operty (Schedule F) o Separate Billing Requested 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (7) (Schedule G or L) 8. Total Gross Assets (total Lines 1~7) 9. Funeral Expenses & Administrative Costs (Schedule H) (9) 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule J) (10) 11. Total Deductions (total Lines 9 & 10) 12. Net Value of Estate (Line 8 minus Line 11) 13. Charitable and Governmental Bequests/See 9113 Trusts for which an election to tax has not been made (Schedule J) 14. Net Value Subject to Tax (Line 12 minus Line 13) (1) (2) (3) None _None ":-Nbne (4) (5) None None (6) None 186.451 600 None C o M P U T A T I o N SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES 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 rate 17. Amount of line 14 taxable at sibling rate la. Amount of Line 14 taxab~e at collateral rate 19. Tax Due 20. 110,724 o x X X X .0 0 .0 45 .12 .15 Copyright (cl 2000 form software only The Lackner Group, Inc. o FormREV-1S00 EX (Rev. 6-00) Decedent's Complete Address: STREET ADDRESS 127 Laurel Drive CITY I STATE I ZIP Eno1a PA 17025 Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount (1) o Total Cred.s ( A + B + C) (2) 3. Interest/Penalty if applicable D. Interest E. Penalty "H'i;,;!,!"] Totallnterest/Pena.y ( 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) 5. If Line 1 + Line 3 is greater than Une 2, enter the difference. This is the TAX DUE. (5) A. Enter the interest on the tax due. (SA) B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (SB) Make Check. Payable to: REGISTER OF WILLS, AGENT. . . . .:!~;~:\\i ~\ ,i:!!ii;; ';\~j~;j\!:;~; :i\l\\\!!!)illil\llj!lml\l!!!iililllllli!ii!j!II!11Im\ll!11111!ll)i!!iil\)ll!!mlijl))l)i)))))))l]!!!f!!:m))))i!i!!!i)!:!!i)i; ...: .... '.:', r :::.!:,!;!!:!!:;'::: .' : ,rl!;' .;:;;::ij;:!;ii!!I!:!JJ!!Jlll:!i!ir!!I![!i!!i!!l!I!lli!!ii!I!IJI!!!!;:;!!!!!. II!): .::':!!i!!i!!!i1!i!!i!!i;;::;:!:;', !:i;::!!~i!!:ti:;:I;: .. PLEiASEANSWER 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; . c. retain a reversionary inte~est; or. . , d. receive the promise for fife of either payments, benefits or care? 2. If death occurred atter December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration? . 0 [Xl 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? 0 [!I 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? []J 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. o o Under penalties of perjury, I declare that I have examined this return, lnt:ludlng accompanying schedules and statements, and to the best of my knowledge and belief, It is true, correct and. c.omplete. Oec\a.ra.tlon oi preparer other than the personal representative Is based on all information of which pre parer has any knowledge. SIGNATURE OF PERSON RESPONSIBLE FOR FILING RETURN Phyllis M. Greensmi th _ _ }.??_ _l:~':l!_"~ _ Po': ~ ~~_ __ _ _ _ _ ___ _ _ _ _ _ _ _ _ _ _ __ _ _ _ _ _ _ _ __ Eno1a, PA 17025 JAMES, SMITH, DURKIN & CONNELLY, LLP 134 Avenue '3 !;)..--)CG( VOl DATE 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) (il]. For dates of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to ar for the use of the surviving spouse is 0% \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 tor 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. 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% [72 P.$. 9116{a)(1.3)J. 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. Copyright (c) 2000 form software only The Lackner Group, Inc. Form REV-1500 EX (Rev. 6-00) REV-'S10 EX t (1-97) SCHEDULE G INTER-VIVOS TRANSFERS & MISC. NON-PROBATE PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Arthur S. Greensmith FILE NUMBER SSII 534-42-3814 01/14/2001 ITEM NUMBER 1 This schedule must be completed and filed if the answer to any of questions 1 through 4 on page 2 (s yes. DESCRIPTION OF PROPERTY AElA W8~M~r~ t~~~~~8 ~~rr.~:~J~~~1flr~E6F ~~~~RSFE:R. ATTACH A COpy QFTHE DEED FOR REAL. ESTATE. First Union National Bank - IRA - Arthur S. Greensmith; Beneficiary is wife, Phyllis M. Greensmith; Includes account #2570202707031 (IRA money market fund) and Retirement Plan Account in brokerage 1138328542 % OF DECD'S INTEREST DATE OF DEATH VALUE OF ASSET 110,724 EXCLUSION (IF Af'f'\..lCA8LE) TAXABLE VALUE 110,724 2 Real estate situate in East Pennsboro Township, Cumberland County, Pennsylvania. Address: 127 Laurel Drive, Enola, PA 17025 - 1/2 value in the Arthur S. Greensmith Living Trust dated November 30, 2000 75,727 75,727 TOTAL (Also enter on line 7, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) Copyright (c) 1996 form software only CPSystems, Inc. 186,451 Form REV-1S10 EX (Rev. 1-97) REV-1511 EX + (1-97) COMMONWEAL iH OF PENNSYLVANIA INHERJTANCETAX. RETURN RESIDENT DECEDENT SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS ESTATE OF Arthur S. Greensmith FILE NUMBER SSfI 534-4-2-3814- 01/14/2001 Debts of decedent must be reported on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Name of Personal Representative(s) Social Security Number(s) / EIN Number of Personal Representative(s) Street Addres.s City State Zip - Year(s) Commission Paid; 2. Attorney's Fees JAMES, SMITH, DURKIN & CONNELLY, LLP 600 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 5. Accountant's Fees 6. Tax Return Preparer's Fees 7. Other. Administrative Costs TOTAL (Also enter on line 9, Recapitulation) $ 600 (If more space is needed, insert additional sheets of the same size) CopyrIght (c) 1996 form software only CF'Systems, Inc. Form REV-1511 EX (Rev. 1-97) F~~r,J' Ref:ren:::c: ID: j;7066 First Union. National Sank )~.t:r:; Ae-cou.i.1 Verifications PO Bo" 40028 Roanoke V,A. 240':2-7313 February 15, 2001 JAMES, SMITB, DURKIJ\' & COJ\.,)'iE:CL Y PO BOX 650 HERSHEY, FA J 7033 SUBJECT: V dfication / Confmrultion of Account and Balance Information provided rD.: ARTHUR S GRf.ENSMITH (SSN# 534-42-3814) Date of Deat!): January 14. 2001 Deposit Aceount Information ACCDunt Type Account Number DI!.~ of Death Bll;l~nce Average BaltDce" Date 0".ne<l 518/2000 Maturiry Interest D:l.t~ R:u.e Accrued YTp D~t:: IntereSl 11'Jt..."T'es! y:),id Cloud CSRT1P"lCA TE.OF DEPOSn 247412051186615 $2,086,15 LEGAL nTLE.: PHYLLIS OREENSMrrH LIVrNG 11/30/00 P;JYLLlS M & AR1HUR S GHEENSM1TH, THUS TEES 6/812001 6.30 $2.88 $] l.ll CERTlFiCATEC'F DEPOSI1 247411D51295831 $32.297,87 LEGAL TIlLE: PHY:"LlS OREENSMrm UVl]\JO ] ]/30100 PHYLUS M & ARTH'JR S Gl::.EENSM1TH. TRUSTEES 8/7/2000 9/7/2001 686 $54.67 ~187.20 CER7~F1CATE OF DEPOS!T 2.n~:2061 1080S1 S3:.298.83 3121/2000 12/21/2002 6.95 $70:3.34 so.oo LEGAL TI'L.:...E: PHYLLIS GB-EENSMlTH L.TVING 1l/30/00 PBYtJ..JS M & AR'fH UR S OREENSMI7H, TRUSTEES CHECKING ] 000590490116 $14,.242.15 J 21812992 N/A LEJAL TITLE: A.S GREENSMrTH PHY"LUS M, GRE.tlJ",lSMITH GAlL L &: CAROLlNE L GREENSMJrn, POA m.A. 257020;;7070;; 1 09 $:,.,8 7i2.2J19():!. I.n SO.Ol $0.00 LSGAL T1TLE: A.S OREENSMrTH fer Bcnci\c.lary C:him t::0Tm InfOT"lTlatlon. please ::al1 1(800)669-2 :36, Of' Due to .syst~m llmi.~tlcre:.. 'Volt can enly ptDwle a twelve month average baiance on depoSlf.Dry ilccounts, Revolvin2: Credit Information Account Type ACCOU!1: Numh:.l' Dote of Death BII.'II'l..,c:e Credit Limit D;lle Opened Date Ciosed Times TitJe(s) La~ /'vL-'.S TERCARD 5542912011677978 $0.00 t2l16/\992 ARTHURS, &PHYLLlS />1, GREENSMITH RA!~. ASQP 1/1.a101=S31AO Other Accoun t Information f~N. R::.f:::re.n::.e !D: 137056 EROKE,R-\GE A.ccount 'Typ-= Accour:t Nllr.1l;:K::r DJ.~ of Death .s218.nc~ D'Il\t Op:;nec Dale Cios~d Title(s) ;lS~2&5-42 $llQ,70E.62 7;;3/1996 fUNB elf ARTHUR S GREENSMITH, IR.t\ BROKERAGE 38]387$9 $11/;158.28 21'13/1999 ARTHUR, S. &. PHYLLIS M G.R.EENSMITH, JTWROS SAFE D2POSiT BOX 07 53534800336 611711996 ,:t,.S. &. f'H.YLLlS GREENSM1TH LoeA TED@:200CAMP HILL MALL, CAMP HTt:..., P.t., iiOll PHONE.. 71i.737-8697 .. Date of des-ih balance does not include a.::crued interest. '" If date of dearh OCC"UITS on a weeb::nd or a holiday, date of death balance does not include any c-ansactions that WeTe made during that rime pcnod. 1Yl~~ SignalUl'e of Depository Represo.atJve Februa,y 15,2001 Dare Mel211ie Moonmn Deposltor)! Representative Scrl'iccntcr Assoclatc" TItle (540)563- i323 Phone Number ?bs: t.c