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HomeMy WebLinkAbout01-0301 PETITION FOR PROBATE and GRANT OF LETTERS Estate of CHRISTINA A. MCCORMICK No. also known as (~/'\ r I sf {ne'.- A. (l1(1 r'Jrm'lcJ,,- To: Deceased. Social Security No. 182-22-7980 ~/-OI-8ol Register of Wills for the County of Cumberland in the Commonwealth of Pennsylvania The petition of the undersigned respectfully represents that: Your petitioner is 18 years of age or older and the Executor named in the last will of the above decedent, dated April 9, 1999 and codicil(s) dated [none]. Decedent was domiciled at death in Cumberland County, Pennsylvania, with her last family or principal residence at 1207 Sherwood Drive, Borough of Carlisle. Decedent, then 77 years of age, died March 6, 2001, at 1207 Sherwood Drive, Carlisle, Pennsylvania. Except as follows, decedent did not marry, was not divorced and did not have a child born or adopted after execution of the will offered for probate; was not the victim of a killing and was never adjudicated incompetent: Decedent at death owned property with estimated values as follows: (If domiciled in Pa.) All personal property (If not domiciled in Pa.) Personal property in Pennsylvania (If not domiciled in Pa.) Personal property in County Value of real estate in Pennsylvania situated as follows: $ unestimated $ $ $ WHEREFORE, petitioner respectfully requests the probate of the last will and codicil(s) presented herewith and the grant of letters testament ereo .~. //) ,--. / // .,.' """,,/ John cCormick II 1207 Sherwood Drive Carlisle, PA 17013 (717) 249-2400 OATH OF PERSONAL REPRESENTATIVE COMMONWEALTH OF PENNSYLVANIA ) : SS. COUNTY OF CUMBERLAND ) The petitioner above-named swears or affirms that the statements in the foregoing petition are true and correct to the best ofthe knowiedge and belief of petitioner and that as personal representative of the above decedent, petitioner will wen and truly a . ister tate accor ingAO law. /' .- ,. ( / No. 21-2001-301 Estate of Christina A. McCormick, Decease4 A}k}". c.f-.rl:st-I nc:.. A, D'\(' Cl)f rY\ ld- DECREE OF PROBATE AND GRANT OF LETTERS AND NOW, March 20th,2001 , in consideration ofthe petition on the reverse side hereof, satisfactory proof having been presented before me, lT IS DECREED that the instrument( s) dated April 9 , 1999 described therein be admitted to pro,bate and CliNt< ct1t-rs.+1h~ A. t1k CcJrl'Yllc.k. filed of record as the last will of Christina A. McCormick"nd Letters Testamentary are hereby granted to John J. McCormick II. Will Book # Page FEES Probate, Letters, Etc. Short Certificates( 6 ) Renunciation x-Pages (5) JC.P TOTAL $ 200.00 $ 18.00 $ $ $ 1~.00 5 00 238.00 Ivo V. Otto III, 27763 ATTORNEY (Sup. Ct. I.D. No.) MARTS ON DEARDORFF WILLIAMS & OTTO 10 East High Street Carlisle, P A 17013 (717) 243-3341 Filed March 20th, 2001 CALL ATIORNEY WHEN LETTERS ARE OONE. F: \FILESIOA T AFILEIEST A TES\9494-pctition.1tr 41(\<;; ,qn<;; tJ.FV 0/9/.. This is to certify that the information here given is correctly copied from an original certificate of death dul~ filed with me as Local Registrar. The original certificate will be forwarded to the State Vital Records Office for permanent filmg. WARNING: It is illegal to duplicate this copy by photostat or photograph. No. ~.~ ~.~~~~~ Local Registrar Fee for this certificate, $2.00 p 7247602 MAR II 8 2001 Date 21-2001-301 \ ) H105.1QRh.2/87 COMMONWEALTH OF PENNSYLVANIA. OEPARTMENT OF HEALTH' VITAL RECOROS CERTIFICATE OF DEATH :JAtNT I .HEHT (INK N....ME OF DECEDENT (FJfsl. Midole. Las) L Christine AGE lLast Birtt"odIy) UNOER 1 YEAR MOftCht, Days A. SWE !I'lL! NUMBER SEX SOCIAL seCURITY ..,UMBER ..Female .. 182 - 22 DATE OF DEATH iMomI'l. Oa~, ....., .. 3/6/2001 5. COUNlYOFoe.c:rH 77 v,.. UNDER 1 OAr ........IM- BIRTHPLACE: (Ofv Md State or FOteIQI'I Countty) PlACE OF DeRH (CheQ; 00Iy 0I'Ie ... insIrucllOnt on other .,.. HOSPfTAL; OTHER: '''''~ 0 ::::a 0 =",,0 DECEDENT'S USUAL OCCUPAnON (af~~~~:::zi.~ U.S. Federal " .Clerical/Secretary "0 Government DECEDENT'S MAIUNO AOOAEsa (SO.... CiIyITown, _. lip C-, DeCEDeNT'S ACTUAL RESIDeNCE t$HinIIl'uctionI onCllherSidt) MARITAL SteruS. M_rried Never Married. ~ -~ ,.. Married RACE . AFMrican Indien. BlM:tI. 'MUte. .cc. (_I ,i. White SUAVMNG SPOUSE (II WIfII. Qft4 maoIn".". dl ... Cumberland Carlisle Bora. Ic. II 1207 Sherwood Drive 11. Carlisle, PA 17013 FRHER'S NAME (F"ItSC. Middle. LaIr) 11. John P. Alexis INFORMANrSNAME(TypeiPMI) ... John J. McConnick, II METHOD Of' DISPOSITION ......rn c.........o -_Sto..o ""*- 17_. Stat. Old - ...... Cumberland -.., 170.[81 :..."":'.:::.. WOTHEA'S NAME (Firlt. Middle. Maiden Sur~ 11. Pota J. Sakell1lexis ""i207"St:~(s"o~~'SCa~fi~le , 17C.O _.~&v.d", ...... ,... Carlisle PA 17013 00Mt...0 . 2,.. saGNR\JAE Of LOCA11QN. Ciry/Town. St.t_. Ztp Code Carlisle, PA 17013 17013 CIJ.,Y'C.(~ H. I Apptoximlit. lint.,..... befwMn : 0l'lMt and "-11th I : NoI)J.. r1\e*'-s~ '- Ov~ PART ": C>.her stgrliftcanc condttionI ClDnb'ibuttng to dHth. buI: IQ rnuftlng in the uncIer'tytng cauH giYen in ~ I. DUE lO(ORAS ACONSEOUENCE OF): l : DUE TO (OR AS A CONSEOUENCE Of), DUE TO COR AS A CONSEOUENCE 0Fl: WERE AUTOPSY FINDINGS MANNER OF DEATH ~1lA8LE PfllIOA 10 ~ COMPLEnOH OF CAUSE 0 Of'DERW'! ........ """'_ Nor%' -- 0 Pending IflYlel1igMlon 0 _0 _0 NoD ....... 0 Coukt noI bII dec..-mir\M 0 DATE OF INJURY 1-". Day,-I TIME OF INJURY INJURY ICt WORK? DESCRISE HOW INJURY OCCURRED. _ 0 NoD M. OMEOICAL EXAMINER/CORONER On the b..ls of eumln_t1on _ndlor Inv..tlgatlon.ln my opinion, d..lh occurred II the time, d.tt, Ind pI_Ct..nd dutto the c_u.e(l) and man".,.. ._ted......... ......................................................................................... 31.. REGISTRAR'S SIGNATURE AND NU 8..JI~l,d ... \c.~ <j d.OO l 2Ie. 21b. Cl:RTlFIVIICtledl: only one) "CERTIFYING JlIKYSlCtAN (~cert1fyirrg eaute 0I~"" when.xlCh. phySician has prot'lOunCed deal" and completed hem 23) Te the tte.lo' my knowtedge, dellhoccurf'ftd dulltotf'le~.)_ndmann.,...~"..................................................... ... PLACE OF INJURY. All'lome. farm. air.. factory, omc. bulIdInQ..C.I~ .... .PRONOUNCING AHO CERTIFYtNQ ..wySleIAH (Physicien both Pf~ncno dealh and cenifyJng 10 cause d oeatt'l) To tM -- of my knowt"',e, dealt! OCC"rrM _. hllme. ca..e. and ptace. and due to the c_--<a) and ~"net'.. atatH.. . . . . . . . . . . . . . . . . . . . . . . . . 33. - ., F:\FILES\DA T AFlLE\ WILLS\9494-2. WIL LAST WILL AND TESTAMENT I, CHRISTINA A. McCORMICK, of the Borough of Carlisle, Cumberland County, Pennsylvania, being of sound and disposing mind and memory, do hereby make, publish and declare this to be my Last Will and Testament, hereby revoking any and all former Wills or Codicils by me made. 1. I direct that all my legally enforceable debts, funeral expenses, testamentary expenses and all inheritance taxes (whether such taxes may be payable by my estate or by any recipient of any property) shall be paid from my residuary estate as soon as practicable after my decease and as part of the administration of my estate. My personal representative shall have no duty or obligation to obtain reimbursement for any such tax so paid, even though on proceeds of insurance or other property not passing under this Will. 2. If my spouse shall survive me by thirty (30) days, I give and devise any interest I may own in my residence at 1207 Sherwood Drive, Carlisle, Pennsylvania, and furnishings therein to my spouse, JOHN 1. McCORMICK II. I further devise my condominium in Fort Myers Beach, Florida and the furnishings therein to my said spouse, JOHN 1. McCORMICK II. I also give to my said spouse the National Home Life Assurance Company, (now Providian), Annuity Policy No. 510M105599 and the boat in my name located at Fort Myers Beach, Florida. . 3. I make the following specific beque~ts: a. The sum of Fifty Thousand Dollars ($50,000.00) to HOLY TRINITY ORTHODOX CATHEDRAL, Camp Hill, Pennsylvania, in loving memory of my parents, John 1. and Pota 1. and siblings, Peter 1., George 1., James 1. and Stella Alexis and Alice Alexis Leddy. b. The sum of Twenty-five Thousand Dollars ($25,000.00) to the ~ C.A.M. Page 1 of 6 Pages - - '. CUMBERLAND COUNTY HISTORICAL SOCIETY, Carlisle, Pennsylvania, m memory of the John P. and Pota 1. Alexis family, to be used for researching the history of the Greek families in Carlisle, Pennsylvania. c. The sum of Fifty Thousand Dollars ($50,000.00) to ST. JOHN'S EPISCOPAL CHURCH, Carlisle, Pennsylvania, to be used for stained glass windows in the Church Hall, in my memory. d. The sum of One Thousand Dollars ($1,000.00) to each of the CARLISLE GARDEN CLUB and the CARLISLE CIVIC CLUB, both in Carlisle, Pennsylvania. 4. I give the sum of Fifty Thousand Dollars ($50,000.00) unto FINANCIAL TRUST SERVICES COMPANY, Carlisle, Pennsylvania, to be held in trust, for the following purposes: a. I direct that my Trustee shall hold, invest and reinvest the same, collect the income arising therefrom, and after paying all expenses incident to the management of the trust, to use and apply as much of the income and principal as may be necessary in the sole discretion of my Trustee, in equal shares, for the education of my grand-nephews and the grandsons of my brother, James, NICHOLAS ALEXIS and CHRISTIAN ALEXIS. b. I direct that each beneficiary shall have the right of withdrawal of his equal share of the principal and any accumulated income of said trust as each attains the age of twenty-five (25) years. c. To the extent that the same is permitted by law, none of the beneficiaries hereunder shall have any power to dispose of or to charge by way of anticipation any interest given to such beneficiary; and all sums payable to such beneficiaries hereunder shall be free and clear of the debts, contracts, alienations and anticipations of the beneficiaries, and all liabilities for levies and attachments and proceedings of whatsoever kind, at law or in equity. ~ C.A.M. Page 2 of 6 Pages - - " " 6. I make the following specific bequests: a. The sum ofTen Thousand Dollars ($10,000.00) to CAROLINE ALEXIS. b. The sum of Twenty-five Thousand Dollars ($25,000.00) to each of JOHN P. ALEXIS, STELLA A. WAGNER, GEORGIANN ALEXIS HEIDBREDER, DEAN ALEXIS, and JOANNE ALEXIS. c. The sum of Twenty-Five Hundred ($2,500.00) to BESSIE GRIMES. d. The sum of Twenty-Five Hundred ($2,500.00) to FLORENCE KA TSETOS. e. The sum of Twenty-Five Hundred ($2,500.00) to F AYE STOUFFER. 7. I give, devise and bequeath all the rest, residue and remainder of my estate unto my spouse, JOHN 1. McCORMICK II, absolutely, with the understanding that upon his demise the residue of my estate will revert to heirs as defined in Item 6, b., above. 8. I nominate, constitute and appoint my spouse, JOHN 1. McCORMICK II, as Executor of my estate. In the event he shall be unable or unwilling to serve in such capacity, then I appoint my niece, STELLA A. WAGNER, to act in such capacity. 9. I direct that neither my personal representl;ltive nor my Trustee shall be required to file a bond to secure the faithful performance of their duties in any jurisdiction. 10. ' I authorize and empower my personal representative and Trustee, in their sole and absolute discretion, to purchase or otherwise acquire and retain any investments of which I die seized or any real or personal property of any nature; to sell, lease, pledge, mortgage, transfer, exchange, dispose of or grant options in regard to any or all property of any kind forming a part of my estate for such terms and such prices as they may deem advisable; to borrow money for ~ C.A.M. Page 3 of 6 Pages - ;' " '. any purposes connected with the protection and preservation of my estate; to mortgage or pledge any real or personal property forming a part of my estate or to join in or secure the partition of same; to compromise any claims or demands of my estate against others or of others against my estate; to make distribution in kind and to cause any share to be composed of cash, property or undivided fractional shares in property different in kind from any other share; to employ agents, attorneys and proxies and to delegate to them such power as my personal representative and Trustee consider desirable and to pay reasonable compensation for such services as may be rendered by such agents, attorneys and proxies; and to execute and deliver such instruments as may be necessary to carry out any of these powers. In addition, I direct that my personal representative shall have the power to conduct an inventory of any safe deposit box necessary to the administration of my estate. A majority of all income beneficiaries of the trust or trusts created under this Will may from time to time remove any corporate trustee then acting for reasonable cause and substitute another corporate trustee; provided, however, that such successor corporate trustee shall not be a related or subordinate to anyone or more of the beneficiaries hereunder within the meaning ofIntemal Revenue Code 9672( c) or successor provisions. When the removed corporate trustee has received written notice of its removal and has been notified in writing by its successor corporate trustee of the latter's acceptance, the removed corporate trustee shall surrender all books, records, and assets in its possession comprising any portion of the trust or relating to the trust. In no event shall the removed corporate trustee charge a "termination fee" based on a , . percentage of trust assets as a result of such removal but shall be entitled only to charge such fee as fairly represents the cost of any accounting ,required by the beneficiaries or successor corporate trustee as part of such removal and substitution. The removed corporate trustee shall not be relieved of liability until its successor has qualified and the removed trustee's accounting, if applicable, has been settled or the beneficiaries and successor corporate trustee have otherwise accepted an account stated in lieu of a formal accounting. As used in this paragraph, the term "reasonable cause" includes, but is not limited to: (1) poor investment performance, (2) the ;:C) ~ C.A.M. Page 4 of 6 Pages , ..' .! removal of all current income beneficiaries from the state in which the corporate trustee is licensed to conduct business as a corporate trustee, (3) inattention to the reasonable needs of the beneficiaries, (4) lack of communication between trustee and beneficiaries, (5) inaccurate or unclear transaction statements or statements of account, (6) conflicts between the corporate trustee and the beneficiaries, (7) merger, acquisition or deteriorating financial condition of the corporate trustee, or (8) high turnover of account officers assigned to any trust under this Will. IN WITNESS WHEREOF I have hereunto set my hand and seal this 9th day of April, 1999. (~/? ;?; "~(SEAL) Christina A. McCormick SIGNED, SEALED, PUBLISHED AND DECLARED by the above-named Testatrix, as and for her Last Will and Testament, in the presence of us, who at her request, have hereunto subscribed our names as witnesses thereto, in the presence of the said Testatrix and of each other. VJJ/YWilf ,ri ~ 2t~ 7 C"'T ~ Page 5 of 6 Pages ,,' .' '. COMMONWEALTH OF PENNSYL V ANlA ) : SS, COUNTY OF CUMBERLAND ) I, Christina A. McCormick, Testatrix, whose name is signed to the attached or foregoing jnstrument, having been duly qualified according to law, do hereby acknowledge that I signed and executed the jnstrument 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, ei~ e, In'~ Christina A. McCormick Sworn or affirmed to and acknowledged before me by Christina A. McCormick, the Testatrix, this 9th day of April, 1999. ~/7/1~L0 ~ Notary Public Notarial Seal Corrina L. Myers, Notary Public Carlisle Bora, Cumberland County My Commission Expires May 27, 1999 COMMONWEALTHOFPENNSYLVANlA ) : SS. COUNTY OF CUMBERLAND ) We, 'DCi1t5l- .uJ~ and "lhUcu.. '(, ~~ the witnesses whose names are' ed to the attached or foregoing instrument, being duly qualified according to law, do depose and say that we were present and saw Christina A. McCormick, the Testatrix, sign and execute the instrument as her Last Will; that the Testatrix signed willingly and that the Testatrix executed it as her free and voluntary act for the purposes therein expressed; that each of us, in the hearing and sight of the Testatrix, signed the Will as witnesses; and that to the best of our knowledge the Testatrix was at that time 18 or more years of age, of sound mind and under no constraint or undue influence. '~i (;. Address )" i 76 C; I Sworn or affirmed to and subscribed before me this 9th day of April, 1999. f~' y. ~~ J4t .L.-~ Notary Public \- Notarial Seal Corrine L. Myers, Notary Public Carlisle Bora, Cumberland County i My Commission Expires May 27,1999 Page 6 of 6 Pages ~ F: IFILESIDA T AFILEIEST A TESI9494-noticc. ccr - CERTIFICATION OF NOTICE UNDER RULE 5.6(a) Name of Decedent: CHRISTINA A. McCORMICK a/kJa CHRISTINE A. McCORMICK Date of Death: March 6, 2001 File No. 21-01-0301 To the Register: I certify that notice of estate administration required by Rule 5.6(a) of the Orphans' Court Rules was served on or mailed to the following beneficiaries of the above-captioned estate on or about May 11,2001. John J. McCormick II, 1207 Sherwood Drive, Carlisle, PA 17013 David C. Gority, Trust Officer, M&T Investment Group, Trustee, One West High Street, Carlisle, P A 17013 Holy Trinity Orthodox Cathedral, 1000 Yverdon Drive, Camp Hill, PA 17011 Cumberland County Historical Society, 21 North Pitt Street, Carlisle, PA 17013 St. John's Episcopal Church, P.O. Box 612, North Hanover Street, Carlisle, PA 17013 Carlisle Garden Club, c/o Treasurer Ethel Meads, 151 West High Street, Carlisle, P A 17013 Carlisle Civic Club, 264 West Pomfret Street, Carlisle, PA 17013 Caroline Alexis, 105 South 36th Street, Camp Hill, PA 17011 John P. Alexis, 594 Inglehart Avenue, St. Paul, MN 55103 Stella A. Wagner, 4032 South Willow Way, Denver, CO 80237 Georgiann Alexis Heidbreder, 2700 Monroe Street, Quincy, IL 62301 Dean Alexis, 3962 Old Santa Fe Trail, Santa Fe, NM 87501 Joanne Alexis, 100 Conway Street, Carlisle, P A 17013 Bessie Grimes, 4121 Spring Valley Road, C-13, Harrisburg, PA 17109-5012 Florence Katsetos, 103 Novemoser Drive #4, Camp Hill, P A 17011 Faye Stouffer, 303 North Pitt Street, Carlisle, P A 17013 Commonwealth of Pennsylvania, Office of Attorney General, Charitable Trusts and Organizations Section, 21 South 12th Street, Third Floor, Philadelphia, PA 19107- 3603 Notice has now been given to all persons entitled thereto under Rule 5.6(a) except: N/A Date: May 11,2001 Signature Name ~'J .~ u:s- Ivo V. Otto III, Esquire MARTSON DEARDORFF WILLIAMS & OTTO Ten East High Street Carlisle, P A 17013 (717) 243-3341 Attorneys for Personal Representative __ c:;L 1- BEFORE THE REGISTER OF WILLS, COUNTY OF CUMBERLAND, PENNSYLVANIA In re: Estate of Christina A. McCormick aka Christine A. McCormick, Deceased No. 21-01-0301 fttArc\ Pll To: Honorable Mary C. Lewis Register of Wills & Clerk of the Orphans' Court Please enter the appearance of Steve C. Nicholas, Esquire, as attorney for the Holy Trinity Greek Orthodox Catherdral in the above cationed matter. Date: May 16, 200 I Signature ~["N - e---L- '" Steve C. Nicholas, Esquire 4409 N. Front Street Harrisburg, Pennsylvania 17110 Telephone (717) 236-9391 Supreme Court ID # 06845 MARTSON DEARDORFF WILLIAMS &: OTTO MQW~O A1TORNEYS & COUNSELLORS AT LAw WILLIAM F. MARTSON JOHN B. FOWLER III EDWARD L. SCHORPI' DANIEL K DEARDORFF THOMAS J. WILLIAMS' Ivo V. 01TO III GEORGE:B. FALLER JR.' CARL C. RISCH MARK A. DENLINGER TEN EAST HIGH STREET CARLISLE, PENNSYLVANIA 17013 TELEPHONE (717) 243-3341 FACSIMILE (717) 243-1850 INTERNET www.mdwo.com 'BOARD CERTIFIED CIVIL TRIAL SPEClAUST June 4,2001 Mary C. Lewis Register of Wills Cumberland County Courthouse Carlisle, PA 17013 RE: Estate of Christina A. McCormick Estate No. 21-01-00301 Date of Death: March 6, 2001 Dear Mrs. Lewis: Enclosed with this letter is estate check number 113 in the amount of $27,431.25 representing payment of Pennsylvania Inheritance Tax in the above-referenced estate. Will you please issue the appropriate receipt and forward it to me at the above address. I thank you in advance for your prompt attention to this matter. Very truly yours, MARTSON DEARDORFF WILLIAMS & OTTO ~"r~ ~ Ivo V. Otto III IVO/tlm Enclosure HAND DELIVERED F:\FILESIDA T AFILEIEST A TESIFORMSII.row .tax. payment I N FOR MAT ION · A D V ICE · A D V 0 CAe y SM J I I I J I 1 I ) ] I I I I I [ I I I I I r I I r t [ r r I r t I I [ r I I [ I I I I I ! I ! 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(l) ..:t .. l" OJ . o o o o , we ~o 0,- ~o < :2; I- 00 o 0.. u' <r o <( a. I- z ::::> o :2 <( ...J ~ o I- o Z <I ..J 0: Ul CD I: :::J ~u Z ::I o () ..... o I:> ru ....... :I:..o ~o w'. o ('I) (I) u.. ll::: o a: W <( I- :2 < w o a: ('I) .... .... I I I I I .. ) I I I I I I I I I I I I I ~I :::!I 3:1 ~I a:1 W I' t; ffil a:l I I I I I I I I I I I I I- I ,. ::IC U W :r u ...J <( W (I) Recor Re~F s COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE NOTICE OF DETERMINATION AND ASSESSMENT OF PENNSYLVANIA ESTATE TAX BASED ON FEDERAL ESTATE TAX RETURN DATE ESTATE OF DATE OF DEATH FILE NUMBER COUNTY ACN '* 5( , v/ /6--;2/ 7- 7 BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX DIVISION DEPT. Z80601 HARRISBURG, PA 171Z8-0601 REY-485 EX AFP 1l2-DDI or 01-29-2002 MCCORMICK 03-06-2001 21 01-0301 CUMBERLAND 201 CHRISTINA A IVO V OTTO III MARTSON ETAL 10 E HIGH ST CARLISLE ESQ .02 JAN 25 P 2 :04 Allount Rellitted Clerk PA 1fltMber.ai ,~. '.}~'i l FA MAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 NOTE: To insure proper credit to your account, subllit the upper portion of this forll with your tax paYllent. CUT ALONG THIS LINE ~ RETAIN LOWER PORTION FOR YOUR FILES ~ Rifv:4i]i-EX-~FP--{i2~-OO)-----.-.-NCiffcif-OF--iETE-RMiN~fio-N-Aifi-A!fSES!fMENir---------------------------- OF PENNSYLVANIA ESTATE TAX BASED ON FEDERAL ESTATE TAX RETURN .. ESTATE OF MCCORMICK CHRISTINA A FILE NO.21 01-0301 ESTATE TAX DETERMINATION ACN 201 DATE 01-29-2002 1. Credit For State Death Taxes as Verified 11.305.00 2. Pennsylvania Inheritance Tax Assessed (Excluding Discount and/or Interest) 27,431.25 3. Inheritance Tax Assessed by Other States or Territories of the United States (Excluding Discount and/or Interest) .00 4. Total Inheritance Tax Assessed 27.431.25 5. Pennsylvania Estate Tax Due .00 TAX CREDITS: PAYMENT 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 THIS DATE, SEE REVERSE SIDE (IF TOTAL DUE IS LESS THAN $1, NO PAYMENT IS REQUIRED FOR CALCULATION OF ADDITIONAL INTEREST. IF TOTAL DUE IS REFLECTED AS A .'CREDIT" (CR), YOU MAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.) "v / ~~c:2/c?- ;7 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 Recore;:.. Re~ij::c ,', r l)l DATE ESTATE OF DATE OF DEATH FILE NUMBER COUNTY ACN 01-29-2002 MCCORMICK 03-06-2001 21 01-0301 CUMBERLAND 101 '02 FEB-1 P 1 :42 IVO V OTTO III MARTSON ETAL 10 E HIGH ST CARLISLE ESQ C:e:rl'i PA 1 f61jbceJ : pi\ Allount Re..itted '* REV-1547 EX AFP liZ-DOl CHRISTINA A 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 ~ REY=is4-j-Ex-AFP-ri2":iioY-NoYlcE--oF-YNHEifITANcE-YAx-APPRAISEMENT~--AL1-oWANCE-OR----------------- DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX ESTATE OF MCCORMICK CHRISTINA A FILE NO. 21 01-0301 ACN 101 DATE 01-29-2002 TAX RETURN WAS: (X) ACCEPTED AS FILED RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. Re.l 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 GJ 8. Total Assets CHANGED (1) (2) (3) (4) (5) (6) (7) .00 726.432.12 .00 .00 234.267.21 .00 106.009.16 (8) APPROVED DEDUCTIONS AND EXEMPTIONS: 9. Funeral Expanses/Adll. Costs/Misc. Expenses (Schedule H) 10. Debts/Mortgage Liabilities/Liens (Schedule I) 11. Total Deductions 12. Net Value of Tax Return 13. Charitable/Governllental Bequests; Non-elected 9113 Trusts (Schedule J) 14. Net Value of Estate Subject to Tax US) 220,824.30 X 00 = .00 (16) .00 X 045 = .00 (7) .00 X 12 = .00 (18) 192,500.00 X 15 = 28,875.00 (19)= 28,875.00 AMOUNT PAID 27,431.25 NOTE: ECEIPT NUMBER AA496668 DISCO N (+J INTEREST/PEN PAID (-J 1,443.75 73,508.61 43.054.73 (11J (2) (3) (14) (9J UO) TOTAL TAX CREDIT BALANCE OF TAX DUE INTEREST AND PEN. TOTAL DUE NOTE: To insure proper credit to your account, subllit the upper portion of this forll with your tax paYllent. 1,066,708.49 1 Hi .1;63 34 950,145.15 536,820.85 413,324.30 28,875.00 .00 .00 .00 . IF PAID AFTER DATE INDICATED, SEE REVERSE FOR CALCULATION OF ADDITIONAL INTEREST. ( IF TOTAL DUE IS LESS THAN $1, NO PAYMENT IS REQUIRED. IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CRJ. YOU MAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.J 1(P,,;uY-7 ;'/"/-01-050/ .. ~.,& Internal Revenue Service f8NII 201 W Rivercenter Blvd. Covington, KY 41019 Department of Treasury c., v . JOHN J MCCORMICK" % IVO V OTTO'" ESO 10 E HIGH ST CARLISLE PA 17013 ~(o)fPJW Estate of: CHRISTINA A MCCORMICK Decedent's Social Security Number: 182-22-7980 Date of Death: 3/6/2001 Person to Contact: STEVE FEHRING Contact Telephone Number: 859-669-5283 Date: APR 0 3 ?~l{1? _._U..,,~,. Estate Tax Closing Letter (This is not a bill for tax due) Our computation of the Federal tax liability for the above estate is shown at the bottom of this letter. It does not include any interest that may be charged. If you have made a request for discharge of personal liability under Section 2204 of the Internal Revenue Code, proof of request and payment of tax will discharge you from personal liability for the tax and any deficiency that may later be found due. This letter and proof of payment, such as canceled checks or receipts, will establish that your personal liability for the tax has been settled. This letter is evidence that the Federal tax return for the estate has either been accepted as filed or has been accepted after an adjustment to which you have agreed. You should keep this letter as a permanent record. Your attorney may need it to close probate proceedings for the estate. This is not a formal closing agreement under Section 7121 of the Internal Revenue Code. We will not reopen this case, however, unless Revenue Procedure 94-68 reproduced on the following page of this letter applies. ~ ~ Sincerely yours, 7ft.,~~ Field Director Cincinnati Compliance Service Center rr\ c:' C'; ~- c__ 0:: D- c::::: - , TENTATIVE f~,.... ..... N..... ...;~ :~........................................... ............ LESS: TOTA/:tGtf-rTAX€S PAY~ (FOR GIFTS MADE AFTER 12/31/1976) $ UNIFIED CREDIT $ CREDIT FOR STATE DEATH TAXES $ CREDIT FOR FEDERAL GIFT TAXES $ CREDIT FOR FOREIGN DEATH TAXES $ CREDIT FOR TAX ON PRIOR TRANSFERS $ TOTAL SUBTRACTIONS.............................................................. .......... NET ESTATE TAX GENERATION SKIPPING TRANSFER TAXES $ 231,855.00 0.00 220,550.00 11,305.00 0.00 0.00 0.00 $ $ 231,855.00 0.00 0.00 TOTAL ESTATE TAXES $ 0.00 .. .. 16 CFR 601.105: EmmiIUlli01l ofre1UT71S tIIId clIlimslor ,.qimtJ. CTtfdil, or obatI!ment: deteT71li1UJti01l 01 correct IDJC 1iDbility. (Also Pan 1. Section 7605: 301.7605-1.) Rev. Proc. 94-68 SECTION 1. PURPOSE The purpose of this revenue procedure is to amplify. update. aDd rescare lbe conditions set forth in Rev. Proc. 85-13. 1985-1 CB. 514. under which a case closed afta' examination in the office of a Dislrict Director of Internal Rt:vaIue may be reopened to make III adjus1ment . UIIfawrabIe to lbe tI.lqlI.)'er. This revenue procedure also c:cnllIins a list (not aD inclusive) that describes (I) certain contacts by lbe Service with a taxpayer dlat do not constitute III examination. inspection. or reopening of an examinaDon. IIIId (2) certain typeS of cases in which rc:considc:la!ion is DOt considered 1 reopc:ning of the case. SEC 2. CHANGES .01 Section 4.02(6Xd) is amended to reflect an increase UDder Section 640S of the Intemal Revenue Code in the 1hreshold amount of overpayment subject to Jomt Commiaee review 1i'om S2OO.000 to $IIXXJIXXJ. .02 A new section 4.02(7) is added to clarify that certain CCDlICtS with Coardinded ExamiaaIion Prognm ("CEP") laXp8)'aS are DOt considered examinalions or inspec1ions ofbooks of aa:aunt for purposes ofScction 760S(b). .03 A new section 4.02(8) is added to permit 1 seccnd inspection of I CEP taxpa)"Cr's books of account with JeSpeCt to a panic:ular laX )'ell' IIIIder c:enai:n c:iraanstances and ccnditions. .04 A new section 4.02(9) is added to Slate dlat a contact by the Service with a raxpaycr pursuant to III Advance Pricing Agreement C'APA-) prefiling conference. or the evaluation and processing of an AP A request. annual report, or renewal request under Rev. Proc:. 91-22, 1991-1 CB. 526. is not an examination. inspection, or reopening. .OS A new section 4.02(10) is added to state that an adjustment to 1 taxpayer's income laX retum arising &om . discrepancy disclosed during Elq)loyce PlaDs me! ~ Orpnizations compliance activities does not constitute an examination, inspection, or teOpCIring if the adjustment is not made in conjunction with an examination of the taxpayer's income laX relUm. .06 A new section 4.02(11) is added to state that 1 contact with . taxpayer to evaluate the taxpa)'Cf's data processing Vld accounting systems in order to determine whether the .axpl)'el' may limit its retention of macbine-sensible records. for purposes of Rev. Proc. 91-59, 1991-2 CB. 841, is not an examination, inspection or reopening. SEC. 3. SCOPE This procedure pertains to all cases, regardless of type of laX, in which the prior audit me! conference action, if any, did not extend beyond the jurisdiction of the office of the District Director. It docs not apply to cases previously closed after considention by Appeals Offices or District Counsels. SEC. 4. DEFINITIONS .01 Closed Case: (I ) A case agreed at the district level is considered closed when the taxpayer is notified in writing, after district conference, if any, of adjustments to tax liability or acceptance of the wcpa)'Cf's return without change. (2) An unagreed income, estate, or gift laX case is considered closed when the period for filing a petition with the United States Tax Court specified in the statutory notice of deficiency issued by the District Director expires and no petition was filed. (3) An unagreed excise or employment tax case is considered closed when the period for filing a protest and requesting consideration by the Appeals Office specified in the preliminary Ietta' expires and no protest or request fOT Appeals consideration is filed. .02 Examinations. Inspections, and Rcopenings: (1) A contact with 1 taxpayer to COlTCCl mathematical or clerical errors is not an examination, inspection, or reopening. (2) A contact with a taxpayer to verify or adjust a disc:repmcy between the taxpaya's tax retum and an informatiOll retum is not an examinatiOll. inspection, or reopening. For this purpose, an informaticn teIUm includes a return and an amended return filed by a partnersbip. fiduciary, or small business corporation. (3) A contact to verify a discrepancy disclosed by III information retum matching program may include inspection of the taxpayer's boolcs of account, II) lbe extent necessary to resolve the disc:rcpaDcy, without beinI c:aasick:mi an examination, inspection, or reopeningwitbin the maning of Sec:ti0ll 76OS(b). A contact to verify aD item of income shown on an information retum to . tax return is not . verific:ation of a discrepancy wben: such ilem of income is not required to be shown as . specific: line item OIl . tax retUm. For example, insurance COJIllGlies making paymeIIts to . doctor of S600 or 1IJlR during I caleIIdar yar JDJSt 1Umish . Forml099-MISC to lbe doclOr. The doctcr is only required to iDc1ude dIat iDcomci ~Witb other gross receipts OIl Schedule C, form 1040. If the doc:lDr repclIUd gross ra::eipts of. Jar&cr amount than tbe total amount of income shown on forml099-MISC. there would not be a discrepanc:y between the informatiOll retumS and the income tax return. (4) A contact with an investor to verify the acancy of. or the need for, a Tax Sbelter Regis1rati0ll number is DOt an examination within the meaning of Section 76OS(b). To the extent that the ccntact is to detamine lbe need for . Tax Sbdtcr Registration number, the information sought would be limited to obtaining the name and address of the promoter. (5) The adjus1mc:nt of an unallowable item, or an adjustment resulting from other typeS of service center correc:tiOll programs, is not considered to be an examination. Therefore. a subsequent examination does not constitute a reopening of 1 case closed after examinaDon. (6) Reconsideration of a case is not considered 1 n:opening and, therefore. requires DO approval or issuance of a form Jeaer (DOIJSISC) for: (I) cases involving Section 1311; (b) cases inwlving the year of deduction of. net operating loss c:anyback or similar type of canyback under other provisions of the Code; (c) cases in which there have been involuntary conversions and !be taxpayer bas not recomputed hislber laX liability when helshe did not replace property within the time provided by Section 1033; or (d) cases involving an overpayment in excess of SI,OOO,OOO, subject to review by the Joint Convniace on Taxation under Sec. 6405. (7) A contact with a CEP taxpayer requesting the written statements provided for in Rev. Prot. ~9, or notifying a taxpayer that it no longer qualifies for the Coordinated Examination Program, is not considered an examination. Therefore, any subsequent examination does not constitute a reopening. (8) In the case of a CEP taxpayer, the Service may inspect the taXpayer's books of account with respect to tax periods not currently under examination in order to verify the aa:uncy of adjustmenU to an item or items fOT those periods (a) in which the taxpayer made an -accelented issuC! resolution- request, or (b) in accordance with an "accelerated issue resolution" agreement between the Service and the taxpayer. See Rev. Proc. 94-67. An inspection made pursuaJlt to this pangraph relating. to any tax period wiD not be considered an inspection or an examination aDd Will not preclude a subsequent inspection or examination of that laX period UDder Sec. 7605(b) provided lbe taxpayer so Igrees in writing prior to lbe inspection made pursuant to this Jl81&graph. (9) A contact by the Service with.a taxpayer pursuant to III APA prefiling conference, or the evaluation and processing of an AP A request, annual report, or renewal request tmder Rev. Proc. 91-22, 1991- 1 CB. 526. is not an examinalion, inspection, or reopenmg. (10) AD adjustmellt to a taxpayer's income laX return arising from 1 disc:repImcy disclosed during Employee Plans and Exempt Orpnizations COIq)liancc activities as described in JRM 7(10)12. "Relums Within the Jurisdic:tiCln of Examination Division-. does nOl constitute an examiDation, inspection, or reopc:ning if the adjustment is not made in conjunc:tioD with III examinalion of lbe taxpaya"s income laX retUm. A contllCt to verify . di...cpIII'J between the income laX relUm me! the books and I'ClCOIds of an aqlloyee plan or an exempt orpni....tiIwt may include inspection of the taxpaya's income laX records II) lbe extent nccessary to verify the acc:uracy of the discrepancy without being considered an e:xanmwian. inspection, or reopenina within the meaning of Sec. 760S. (II) A contact with. taxpayer to evaluale the taxpa)'Cf's data processing and accounting systems in order to determine wbether the taxpayer may limit its retention of machine-sensible records, for purposes of Rev. Proc. 91-59, 1991-2 CB. 841, is not an examination, inspection, or reopening. SEC 5. POUCY .01 The Internal Revenue Service will not reopen any case closed after c:xaminaDoa by a district office or service center to make an adjustment unfavorable to the taxpayer unless: (1) there is evidence of fraud, malfeas:ance, coJlusion, concealment, or misrepresentation of a material fact; (2) the prior closing inwJved 1 cJc:arly defined substantial enol' based on an established Service position existing at the time of lbe previous examination; or (3) other circ:umstanceS exist dIat indicate failure to reopen would be . serious administrative emission. .02 All ROpcIIings mISt be approved by the OIief, Examination Divisian (District Director in Streamlined Districts). or Chief, Ccm1Iliance Division, for cases under bislher jurisdiction. If an additional inspection of the taxpayer's books of account is necessary, the notice to the taxpayer required by Sec. 760S(b) must be signed by the OIief, Examination Division (District Director in Streamlined Districts). or Chief, Compliance Division, for cases under hisIher jurisdiction. SEC. 6. EFFECT ON OTHER DOCUMENTS . Rev. Proc. 85-13, 1985-1 CB. 514, is superseded. SEe. 7. EFFECTIVE DATE This revenue procedure is effective October 31, 1994. ~ I b-rYP~ 7 BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX DIVISION DEPT. Z80601 HARRISBURG, PA 171Z8-0601 COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE IVO V OTTO i~~ ~~~; 1 7 P 2 :,10 MARTSON ETAL 10 E HIGH ~J;: CARLISLE CVlr NOTICE OF DETERMINATION AND ASSESSMENT OF PENNSYLVANIA ESTATE TAX BASED ON FEDERAL CLOSING LETTER DATE ESTATE OF DATE OF DEATH FILE NUMBER COUNTY ACN '* XEY-15' EX iFP [01-021 05-20-2002 MCCORMICK 03-06-2001 21 01-0301 CUMBERLAND 202 CHRISTINA A Allount Rellitted PA 17013 MAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 NOTE: To insure proper credit to your eccount, subllit the upper portion of this for.. with your tex pey..ent. CUT ALONG THIS LINE .. RETAIN LOWER PORTION FOR YOUR FILES ~ RE-V:736--EX--AFP--[oi~-62i-----.ii-NO-ficE--OF-IiETEiiMiifAfio-N-AN-D-AS-SES!JMENT----------------------------- OF PENNSYLVANIA ESTATE TAX BASED ON FEDERAL CLOSING LETTER .. ESTATE OF MCCORMICK CHRISTINA A FILE NO.21 01-0301 ESTATE TAX DETERMINATION ACN 202 DATE 05-20-2002 I. Credit For State Death Taxes as Verified 11.305.00 2. Pennsylvania Inheritance Tax Assessed (Excluding Discount and/or Interest) 27,431.25 3. Inheritance Tax Assessed by Other States or Territories of the United States (Excluding Discount and/or Interest) .00 4. Total Inheritance Tax Assessed 27.431.25 5. Pennsylvania Estate Tax Due .00 6. Amount of Pennsylvania Estate Tax Previously Assessed Based on Federal Estate Tax Return .00 7. Additional Pennsylvania Estate Tax Due .00 TAX CREDITS: PAYMENT DATE RECEIPT NUMBER DISCOUNT (+) INTEREST/PEN PAID (-) AMOUNT PAID TOTAL TAX CREDIT .00 BALANCE OF TAX DUE .00 INTEREST AND PEN. .00 TOTAL DUE .00 -IF PAID AFTER THIS DATE, SEE REVERSE SIDE (IF TOTAL DUE IS LESS THAN $1, NO PAY"ENT IS REQUIRED FOR CALCULATION OF ADDITIONAL INTEREST. IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR), YOU "AY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FOR" FOR INSTRUCTIONS.) F:\FILESIDA T AFILEIEST A TES\9494. ITa.fun INRE: ESTATE OF : IN THE COURT OF COMMON PLEAS OF : CUMBERLAND COUNTY, PENNSYL VANIA CHRISTINE A. McCORMICK, DECEASED : ORPHANS' COURT DIVISION : NO. 21 - 01- 0301 FIRST AND FINAL ACCOUNT OF JOHN J. McCORMICK II, EXECUTOR OF THE ESTATE OF CHRISTINE A. McCORMICK, LATE OF THE BOROUGH OF CARLISLE, CUMBERLAND COUNTY, PENNSYLVANIA Date of Death: Letters Testamentary Granted: First Advertisement of Grant of Letters: Account Stated as Final March 6, 2001 March 20, 2001 April 6, 2001 SUMMARY & INDEX PRINCIPAL PAGE Receipts 2 $ 960,719.33 Conversions (Gain) or (Loss) 3-6 $ -20,984.21 $ 939,735.12 Less Disbursements 6-8 ~ -119.714.34 Balance Before Distributions $ 820,020.78 Distributions to Beneficiaries 8-9 ~ -550.589.45 Principal Balance Remaining $ 269,431.33 INCOME Receipts Less Disbursements 9-10 10 $ ~ $ 24,540.31 -48.55 Income Balance Remaining 24,491.76 COMBINED BALANCE REMAINING ! 293.923.09 SCHEDULE OF PROPOSED DISTRIBUTION 11 ASSETS COMPRISING ESTATE: Vanguard S&P 500 Fund (H.D. Vest) Capital Reserves Money Market Fund (H.D. Vest) Vanguard Prime Money Market Fund Vanguard Index Trust S&P 500 Fund 20 shares, DW Realty Income Partnership (H.D. Vest) 1/3 of one unit timeshare in Aspen Ski Lodge Treasury Direct Account #1300-032-4429 (3) $10000 Series EE Savings Bonds Members 1 st Estate checking account Members 1 st Estate savings account Members 1 st Estate investment savings account $ 21,156.28 199.35 90,540.16 18,820.37 33.00 3,500.00 115,000.00 25,548.00 5,256.83 1,631.37 20.615.40 302,300.76 -8.377.67 Less Amount Reserved for Future Disbursement BALANCE FOR DISTRIBUTION: $ 293,923.09 RECEIPTS OF PRINCIPAL Assets listed on Schedule B, Inheritance Tax Return (copy attached) Assets listed on Schedule E, Inheritance Tax Return (copy attached) USAA, insurance premium refund Lorazepam/Clorazepate Class Action Settlement $ 726,432.12 234,267.21 10,00 10.00 $ 960,719.33 TOTAL, PRINCIPAL, RECEIPTS: CHANGES TO PRINCIPAL Vanguard 500 Index Fund: 159.726 shares, inventoried at 2.965 shares from dividend reinvestment Account Value $ 18,520.23 300.14 $ 18,820.37 Vanguard Index Tr S&P 500 (H.D. Vest account): 182.055 shares, inventoried at .041 shares, from dividend reinvestment Account Value $ 21,052.65 103.63 $ 21,156.28 -2- Peoples Benefit Life Annuity (Sch. E. Item 12): Inventoried at Additional interest Account Value $101,135.14 2.842.17 $103,977.31 (3) $10.000 U.S. Savings Bonds. Series EE. issued 2/1993: Inventoried at $ 24,072.00 Additional interest 1.476.00 Account Value $ 25,548.00 CONVERSIONS OF PRINCIPAL RECEIPTS Baron Asset Fund: $ -2,588.18 Inventoried at $ 43,473.24 8/6/01 Sale proceeds 40.885.06 Carlisle Borough Bond: $ -4.20 Inventoried at $ 10,004.20 4/2/01 Redemption proceeds 10.000.00 Hancock Strategic Fund: $ -1.14 Inventoried at $ 162.26 8/6/01 Sale proceeds 161.12 Mass. Investor Gr Fd: $ -2,698.17 Inventoried at $ 23,363.74 8/6/01 Sale proceeds 20.665.57 Mass. Investor Trust: $ -2,693.76 Inventoried at $ 34,972.97 8/6/01 Sale proceeds 32.279.21 MFS Utilities: $ -3,281.16 Inventoried at $ 25,378.63 8/6/01 Sale proceeds 22.097.47 Putnam Europe: $ -2,323.54 Inventoried at $ 19,997.73 8/6/01 Sale proceeds 17.674.19 Putnam Global Eq. Fd.: $ -2,445.67 Inventoried at $ 31,970.15 8/6/1 Sale proceeds 29.524.48 -3- Spartan Ext. Mkt. Index Fd.: $ -316.87 Inventoried at $ 11,121.29 8/6/01 Sale proceeds 10.804.42 Ultra Tech Stepper: $ -1,920.79 Inventoried at $ 6,325.00 8/6/01 Sale proceeds 4.404.21 Van Kampen Sr. FIt. Rate Fd.: $ -501.55 Inventoried at $ 92,110.43 8/17/01 Sale proceeds 91.608.88 Vanguard Total Stock Mkt. Fd.: $ -106.36 Inventoried at $ 3,963.06 8/6/01 Sale proceeds 3.856.70 10 shares, ITT: $ -48.97 Inventoried at $ 431.55 8/6/01 Sale proceeds 382.58 7.4698 shares, ITT (dividend reinvestment account): $ 12.92 Inventoried at $ 322.36 8/21/01 Sale Proceeds 335.28 372 shares, WorldCom: $ -1,168.26 Inventoried at $ 6,232.86 6/14/01 Sale of fractional shares 16.16 8/6/01 Sale proceeds 5.048.44 14 shares, WorldCom (received as dividend 6/8/01): $ 117.51 Inventoried at $ 0.00 8/6/01 Sale proceeds 117.51 23 shares, Starwood Hotels & Resorts: $ -2.82 Inventoried at $ 781.65 8/6/01 Sale proceeds 778.83 3 shares, Rayonier: $ -43.79 Inventoried at $ 125.28 8/6/01 Sale proceeds 81.49 356.016 shares, TXU: $ 2,065.09 Inventoried at $ 14,694.56 5/8/01 Sale of fractional shares 10.70 8/6/01 Sale proceeds 16748.95 -4- 1036.68 shares, MSDW Liquid Asset Fund: $ 8.79 Inventoried at $ 1,036.68 5/8/01 Sale proceeds 1.045.47 1168.956 shares, USAA Cornerstone Fund: $ -502.65 Inventoried at $ 29,586.28 4/24/01 Sale proceeds 29.083.63 10000 Treasury Note due 3/31/01: $ -6.25 Inventoried at $ 10,006.25 3/3 1/01 Redemption proceeds 10.000.00 5000 Treasury Note due 7/31/01 : $ -37.50 Inventoried at $ 5,037.50 7/31/01 Reinvest value 5.000.00 20000 Treasury Note due 8/31/01 : $ -68.75 Inventoried at $ 20,068.75 8/3 1/01 Reinvest value 20.000.00 15000 Treasury Note due 10/31/01: $ -107.81 Inventoried at $ 15,107.81 10/31/01 Reinvest value 15.000.00 5000 Treasury Note due 1/31/02: $ -79.69 Inventoried at $ 5,079.69 1/31/02 Reinvest value 5.000.00 10000 Treasury Note due 4/30/02: $ -231.25 Inventoried at $ 10,231.25 4/30/02 Reinvest value 10.000.00 10000 Treasury Note due 6/30/02: $ -231.25 Inventoried at $ 10,231.25 6/30/02 Reinvest value 10.000.00 10000 Treasury Note due 8/15/02: $ -253.13 Inventoried at $ 10,253.13 8/15/02 Par 10.000.00 10000 Treasury Note due 8/31/02: $ -240.63 Inventoried at $ 10,240.63 8/31/02 Par 10.000.00 -5- 10000 Treasury Note due 5/15/04: $ Inventoried at $ 10t162.50 5/15/04 Par 10.000.00 10000 Treasury Note due 11/15/04: $ Inventoried at $ 1Ot378.13 11/15/04 Par 10.000.00 10000 Treasury Note due 5/15/05: $ Inventoried at $ 10)43.75 5/15/05 Par 10.000.00 -162.50 -378.13 -743.75 TOTAL GAINS/LOSSES ON PRINCIPAL CONVERSIONS: $ -20,984.21 DISBURSEMENTS OF PRINCIPAL 03/13/01 PPLt deduction from account $ 193.00 04/04/01 Members 1st Federal Credit Uniont estate checks $ 12.95 04/05/01 Washington Mutual Mortgage COt deduction from account $ 750.02 04/10/01 PPLt deduction from account $ 242.00 04/13/01 John J. McCormick lIt reimbursement for funeral expenses $ 2,150.00 04/13/01 Sunnyside Restaurant, funeral reception $ 1,344.04 04/13/01 Ewing Brothers Funeral Home $ 8,520.80 04/13/01 Quest Diagnostics, balance due $ 25.71 04/13/01 Darlene Moyer, Tax Collector, 2001 personal tax $ 9.90 04/13/01 M.D. Anderson Cancer Center, balance due $ 170.00 04/18/01 Family Home Healthcare Products $ 13.79 05/01/01 Diversified Appraisal Servicet appraisal of Carlisle real estate $ 250.00 for federal estate tax return 05/01101 Seaboard Surety Corp. (indemnity bond for missing stock $ 5.00 certificate) 05/10/01 Seacoast Brokers, fire insurance on Florida property $ 244.19 05/10/01 Bankers Insurance Co.t flood insurance on Florida property $ 154.00 -6- 05/10/01 PPL, deduction from account $ 242.00 05/17/01 Members 1st F.C.U., fee $ 6.00 05/31/01 Treasury Direct, account fee $ 25.00 06/04/01 Register of Wills, payment on Inheritance Tax $ 27,431.25 06/15/01 Boardwalk Caper Condominium Assn., Florida condo fee $ 720.00 07/12/01 Carlisle Memorial Service, monument $ 1,095.00 09/05/01 Boardwalk Caper Condominium Assn., Florida condo fee $ 720.00 09/18/01 Mentzer & Co., 2000 income tax return preparation $ 1,060.00 09/27/01 Line & Line Jewelers, jewelry appraisal $ 575.00 11/02/01 Linden Hall Antiques, appraisal of household furnishings $ 185.00 11/07/01 Carl Stine, trash removal $ 435.00 11/07/01 Lee County, Florida, Tax Collector, Florida real estate taxes $ 2,370.25 11/28/01 MARTSON DEARDORFF WILLIAMS & OTTO, interim $ 13,000.00 attorney fees 11/28/01 MARTS ON DEARDORFF WILLIAMS & OTTO, $ 563.62 disbursements advanced for filing fees, advertising Letters Testamentary, postage, etc. 12/17/01 Boardwalk Caper Condominium Assn., Florida condo fee $ 720.00 12/26/01 John J. McCormick II, Executor's commission $ 31,500.00 01/04/02 Mentzer & Co., miscellaneous accounting and tax advice $ 925.00 01/30/02 Florida Dept. of Revenue, Florida estate tax $ 3,570.47 02/19/02 Stephen deH. Schwarz, Esquire, interim attorney fees and $ 1,283.18 disbursements for Florida ancillary probate 03/04/02 Boardwalk Caper Condominium Assn., Florida condo $ 225.00 maintenance assessment 06/04/02 Treasury Direct, account fee $ 25.00 06/03/02 PA Dept. of Revenue, 2001 estate income tax $ 270.00 06/03/02 U.S. Treasury, 2001 estate income tax $ 9,294.00 -7- 06/04/02 Stephen deH. Schwarz, Esquire, balance attorney fees and $ 1,010.50 disbursements Reserved MARTS ON DEARDORFF WILLIAMS & OTTO, balance $ 7,000.00 attorney's fee (estimate) Reserved MARTSON DEARDORFF WILLIAMS & OTTO, $ 377.67 disbursements advanced for filing fees, postage, etc. Reserved Reserved for filing fees, taxes, and miscellaneous expenses $ 1,000.00 TOTAL, PRINCIPAL, DISBURSEMENTS: $ 119,714.34 DISTRIBUTIONS TO BENEFICIARIES Specific Bequests: 08/22/01 Holy Trinity Greek Orthodox Church, Camp Hill, P A $ 50,000.00 08/22/01 Cumberland County Historical Society, Carlisle, P A $ 25,000.00 08/22/01 St. John's Episcopal Church, Carlisle, PA $ 50,000.00 08/22/01 Carlisle Garden Club, Carlisle, P A $ 1,000.00 08/22/01 Carlisle Civic Club, Carlisle, P A $ 1,000.00 08/22/01 Caroline Alexis $ 10,000.00 08/22/01 John P. Alexis $ 25,000.00 08/22/01 Stella A. Wagner $ 25,000.00 08/22/01 Georgiann Heidbreder $ 25,000.00 08/22/01 Dean Alexis $ 25,000.00 08/22/01 Joann Alexis $ 25,000.00 08/22/01 Bessie Grimes $ 2,500.00 08/22/01 Florence Katsetos $ 2,500.00 08/22/01 Faye Stauffer $ 2,500.00 01104/02 M&T Bank, Trustee for benefit of Nicholas & Christian Alexis $ 50,000.00 02/04/02 John J. McCormick, II, proceeds of Peoples Benefit annuity $ 103,977.31 John J. McCormick, II, furnishings $ 13,680.00 -8- Residue: Jewelry, distributed by agreement of income and residuary beneficiaries $ 13,432.14 01/04/02 John J. McCormick II, Trustee under Item 7 of Last Will, on account $ 100,000.00 TOTAL, DISTRIBUTIONS TO BENEFICIARIES: $ 550,589.45 RECEIPTS OF INCOME Members 1 st Federal Credit Union, checking 67854-11, interest through $ 3.63 closing Members 1st F.C.U., savings, 67854-00, interest through closing $ 63.50 Members 1st F.C.U., investment savings, 67854-05, interest through closing $ 59.63 Members 1st C.D. 67854-44, interest through closing $ 509.68 Members 1st C.D. 67854-45, interest through closing $ 509.68 Members 1st C.D. 67854-47, interest through closing $ 509.40 Carlisle Borough Municipal Bond, interest paid 4/1/01 $ 235.00 John Hancock Fund, dividends $ 1.51 MFS Utilities, dividends $ 46.41 VanKampen Sr. Floating Tr., dividends $ 995.41 Vanguard S&P 500 Fund (H.D. Vest), dividends reinvested $ 103.63 ITT, dividends $ 1.50 Starwood Hotels & Resorts, dividends $ 9.20 Rayonier, dividends $ 3.24 TXU, dividends $ 216.60 Vanguard 500 Index Fund, dividends reinvested $ 300.14 Peoples Benefit Life, annuity, interest $ 2,842.17 Treasury Direct account, interest through 5/15/02 $ 6,918.68 Vanguard S&P 500 (H.D. Vest account) cash dividends through 6/21/02 $ 236.34 -9- Vanguard, Prime Money Market Fund, interest through 6/28/02 Capital Reserves Money Markekt Fund (H.D. Vest), interest through 6/28/02 (3) Series EE Savings Bonds, interest through 7/02 Members 1st F.C.V., estate checking, interest through 6/30/02 Members 1st F.C.V., estate savings, interest through 6/30/02 Members 1st F.C.V., estate investment savings, interest through 6/30/02 TOTAL, INCOME, RECEIPTS: DISBURSEMENTS OF INCOME 07/02/01 TXU, withholding tax on dividend $ 3,563.82 $ 2,375.98 $ 1,476.00 $ 1,428.66 $ 75.82 $ 2,054.68 $ 24,540.31 $ 48.55 TOTAL DISBURSEMENTS OF INCOME $ 48.55 ~rr.E;i~ COMMONWEALTH OF PENNSYLVANIA ) COUNTY OF CUMBERLAND ) John J. McCormick II, Executor, being duly sworn according to law, deposes and says that the Account as stated is true and correct, and that the Grant of Letters Testamentary and the first complete advertisement thereof occurred more than four (4) months before the filing of Account. Sworn and subscribed to before me this ~Lday of ~ ,2002 ~ - ~ AAh <AA):zX' o my PublIc NOTARIAL SEAL CORfllNE L. MYERS, Notary Public carl.ls.l.e ".B.oro. Cum. be. .rlandCo. unty M Commission Ex ires Ma 27, 2003 -10- SCHEDULE OF PROPOSED DISTRIBUTION BY JOHN J. McCORMICK, II, EXECUTOR John J. McCormick, II, Executor ofthe Last Will and Testament of Christina A. McCormick, deceased, proposes to distribute the balance in his hands, to wit: $293,923.09, in accordance with the said Last Will and Testament as heretofore filed in the Office of the Register of Wills of Cumberland County, Pennsylvania, as follows: TO: John J. McCormick, II, Trustee, per Item 7 of said Will: Vanguard S&P 500 Fund (H.D. Vest) Capital Reserves Money Market Fund (H.D. Vest) Vanguard Prime Money Market Fund Vanguard Index Trust S&P 500 Fund 20 shares, DW Realty Income Partnership (H.D. Vest) 1/3 of one unit timeshare in Aspen Ski Lodge Treasury Direct Account #1300-032-4429 Cash $ 21,156.28 199.35 90,540.16 18,820.37 33.00 3,500.00 115,000.00 44.673.93 TOTAL DISTRIBUTION: $293,923.09 STATEMENT OF THE REASONS FOR THE PROPOSED DISTRIBUTION The above distribution is proposed in accordance with the Last Will and Testament of Christine A. McCormick. Sworn to and subscribed before me thisO<~day of ,Clt;o~. NOTARIAL SEAL CORRINE L. MYERS, Notary Public Carlisle Bora, CumberlandCountY M Commission Ex ires Ma27.2003 -11- . SCHEDULE B STOCKS & BONDS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF McCORMICK, CHRISTINA A. 'FILE NUMBER 21 - 01 - 00301 All property jointly-owned with right of survivorship must be disclosed on Schedule F. ITEM NUMBER 1 DESCRIPTION UNIT VALUE VALUE AT DATE OF DEATH 410,98i.f9- H.D. Vest Investment Securities, Inc., Account #APW-471763 (see statement attached) 2 17.4698 shares, m, CUSIP 450911102 43.155 753.91 3 372 shares, Worldcom, CUSIP 98157D304 16.755 6,232.86 4 23 shares, Starwood Hotel & Resorts Worldwide, CUSIP 85590A203 33.985 781.65 5 3 shares, Rayonier, CUSIP 754907103 41.76 125.28 6 356.016 shares, TXU Corp, CUSIP 873168108 41.275 14,694.56 7 86976.34 shares, Vanguard Prime Money Market Fund, CUSIP 922906201 1.00 86,976.34 8 159.726 shares, Vanguard 500 Index Fund, CUSIP 922908108 115.95 18,520.23 j 9 1036.68 shares, MSDW Liquid Asset Fund 1.00 1,036.68 10 20 shares, DW Realty Income Partnership 1.65 33.00 11 1168.956 shares, USAA Cornerstone Strategy Fund, USCRX 25.31 29,586.28 12 1/3 of one unit of Aspen Ski Lodge Limited Partnership (valuation attached) 3,500.00 13 Treasury Direct Account #1300-032-4429 (see statement attached) 127,540.64 14 Accrued Interest on Treasury Direct Account #1300-032-4429 1,597.50 15 (3)$10,000 Series EE Bonds, issued 2/1993 8,024.00 24,072.00 -- - --~-- ~I TOTAL (Also enter on line 2, Recapitulation) -- 7Z6,432.12 Exhibit to Principal Receipts Christine A. McCormick H. D. Vest Investment Securities, Inc Individual Brokerage Account, APW-471763 Fair Market Value at close of business March 6, 2001 Security Descriotion. Symbol. Quantity. Closing Price. Closina Value Baron Asset BARAX 821.645 52.91 43,473.24 Capital Reserves FPRXX 87085.54 1.00 87,085.84 Carlisle Boro BD 142291 10,000 100.042 10,004.20 Hancock Strategic JHFIX 23.792 6.820 162.26 Mass Invest Growth MIGFX 1533.054 15.24 23,363.74 Mass Invest Trust MITTX 1850.422 18.90 34,972.97 MFS Utilities MMUFX 2174.690 11.67 25,378.63 Putnam Europe PEUGX 952.273 21.00 ; 19,997.73 Putnam Global Eqty PDETX 2521.305 12.68 31,970.15 Spartan Ext Mkt FSEMX 442.903 25.11 11,121.29 U/traTech Stepper UTEK 200 31.625 6,325.00 Van ~amp .sf Float VKSFR 10526.907 8.75 92,110.43 . Vanguard S&P 500 VFINX 182.055 115.639 21,052.65 Vanguard Tot Stk Mkt VTSMX 142.741 27.764 3.963.06 Total 410,981.19 Exhibit to Principal Receipts PAUL F. NOLAN, CPA. CFE 11595 Kelly Road (#119), Fort Myers, Florida 33908 941~454-2820 (office), 877-454-2820 (toll free), 941-454-2821 (fax) Estate Valuation Date of Death: 03/06/2001 Valuation Date: 03/06/2001 Processing Date: 11/09/2001 Estate of: Christina A. MCCormick Report Type: Date of Death Number of Securities: 12 File 10: 9494-treas Share s or Par Security Description High/Asic Low/Bid Mean and/or Div and Int Security Adjustments Accruals Value 1) 5000 UNITED STATES TREASURY NT (912827Y71) OTC DTD: 07/31/1996 Hat: 07/31/2001 6.625\ 03/06/2001 100.78125 100.71875 AlB 100.750000 5,037.50 Int: 01/31/2001 to 03/06/2001 31. 11 2) 20000 UNITED STATES TREASURY NT (9128275P3) OTC DTD: 08/31/1999 Mat: 08/31/2001 5.5% 03/06/2001 100.37500 100.31250 A/B 100.343750 20,068.75 Int: 02/28/2001 to 03/06/2001 17.93 3) 15000 UNITED STAT~S TREASURY NT (9128275R9J OTC DTD: 10/31/1999 Mat: 10/31/2001 5.875\ 03/06/2001 100.75000 100.68750 AID 100.718750 15,107.81 Int: 10/31/2000 to 03/06/2001 306.7J 41 5000 UNITED STATES TREASURY NT (9128275X61 OTC DTD: 01/31/2000 Mat: 01/31/2002 6.375' 03/06/2001 101.62500 101.56250 A/B 101.593750 5,079.69 Int: 01/31/2001 to 03/06/2001 29.94 5) 10000 UNITED STATES TREASURY NT (912827250) OTC DTD: 04/30/1997 Mat: 04/30/2002 6.625% 03/06/2001 102.34375 102.28125 A/D 102.312500 10.231.25 Int: 10/31/2000 to 03/06/2001 230.59 61 10000 UNIT~D STATES TREASURY NT (9128276F4) OTC DTD: 06/30/2000 Mat: 06/30/2002 6.375% 03/06/2001 102.34375 102.28125 AlB 102.312500 10,231. 25 Int: 12/31/2000 to 03/06/2001 114.47 7) 10000 UNITED STATES TREASURY NT (912827G55) OTC DTD: 08/17/1992 Mat: 08/15/2002 6.375% 03/06/2001 102.56250 102.50000 AID 102.531250 10,253.13 Int: 02/15/2001 to 03/06/2001 33.46 8) 10000 UNITED STATES TREASURY NT (9128273G5) OTC OTD: 09/02/1997 Hat: 08/31/2002 6.25% 03/06/2001 102.43750 102.37500 A/B 102.406250 10,240.63 Int: 02/28/2001 to 03/06/2001 10.19 9) 10000 UNITEO STATES TREASURY NT (9128275F5) OTC OTO: 05/15/1999 Mat: 05/15/2004 5.25% 03/06/2001 101. 65625 101. 59375 A/8 101. 625000 10,162.50 Int: 11/15/2000 to 03/06/2001 160.98 Exhibit to Principal Receipts Page 1 This report was produced with EstateVa1 2000. a product of Estate Valuations & Pricing Systems, Inc. H you have questions, please contact EVP Systems at (818) 313-6300. (Revision 6.0.3) Date of Death: 03/06/2001 Valuation Date: 03/06/2001 Processing Date: 11/09/2001 Shares or Par Security Description Low/Bid High/Allk 10) 10000 UNITED STATES TREASURY NT (912827537) OTC DTD: 11/15/1999 Mat: 11/15/2004 5.875\ 03/06/2001 103.81250 103.75000 A/B Int: 11/15/2000 to 03/06/2001 III 10000 UNITED STATES TREASURY NT (912827609) OTC DTD: 05/15/2000 Mat: 05/15/2005 6.75\ 03/06/2001 107.46875 107.40625 AlB Int: 11/15/2000 to 03/06/2001 12) 10000 UNITED STATES TREASURY NT /912827X49) OTC DTO: 04/10/1996 Mat: 03/31/2001 6.375\ 03/06/2001 100.09375 100.03125 A/B Int: 09/30/2000 'to 03/06/2001 Total Value: Total Accrual: Total: $129,138.14 Exhibit to Principal Receipts Page 2 Estate of: Christina A. McCormick Report Type: Date of Death Number of Securities: 12 File 10: 9494-treas Mean and/or Div and Int Security Adjustments Accruals Value 103.781250 10,378.13 180.15 107.437500 10,743.75 206.98 100.062500 10,006.25 274.97 $127,540.64 $1,597.50 This report was produced with EstateVal 2000, a product of Estate Valuations & Pricing Systems, Inc. If you have uestions, please contact EVP Systems at. (B18) 313-6300. (Revision 6.0.3) . SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY COMMONWeAlTM OF PENNSYlVANIA INHeRITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF McCORMICK, CHRISTINAA. I FilE NUMBER 21 - 01 - 00301 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 NUMBER 1 DESCRIPTION VALUE AT DATE OF DEATH 25.00 Members 1st Fedeml Credit Union, Savings #67854-00 2 Members 1 st Federal Credit Union, Checking #67854-11 3,047.57 3 Members 1st Federal Credit Union, Investment Savings #67854-05 26,383.08 4 Members 1st Federal Credit Union, Certificate of Deposit #67854-44 . 25,326.47 5 Members 1st Federal Credit Union, Certificate of Deposit #67854-45 25,326.47 6 Members 1st Federal Credit Union, Certificate of Deposit #67854-47 25,312.16 7 U.S. Treasury, tax rebate 300.00 8 Continental Casualty Co., refund 160.03 9 139.15 10 M.D. Anderson Cancer Center, refund Jewelry, per appraisal, copy attached 13,432.14 II Household furnishings, per appraisal, copy attached 13,680.00 12 Peoples Benefit Life Insurance Co., Annuity Policy #51 OM 105599, Estate, beneficiary 101,135.14 TOTAL (Also enter on line 5, Recapitulation) Z34,267.21 Exhibit to Principal Receipts .. F:\FILES\DA T AJlIUi\WILLS\94M-2. wn. ORIGINAL RETAINED BY: LAW OFFICES ~"Won. r.b".Jo'C{f. f'Wlmam~ s c.'lUc' A PROFESSIONAl COItPORAllON TEN EAST HIOH STREET CAaUSLE. PA ''lOI3 (717) ~lMI ~(Q)\t>>~ LAST Wll.J. AND TESTAMENT I, CHRISTINA A. McCORMICK, of the Borough of Carlisle, Cumberland County, Pennsylvania, being of sOWld and disposing mind and memory, do hereby make, publish and declare this to be my Last Will and Testament, hereby revoking any and all former Wills or Codicils by me made. 1. I direct that all my legally enforceable debts, ftmeral expenses, testamentary expenses and all inheritance taxes (whether such taxes may be payable by my estate or by any recipient of any property) shall be paid from my residuary estate as soon as practicable after my decease and as part of the administration of my estate. My personal representative shall have no duty or obligation to obtain reimbursement for any such tax so paid, even though on proceeds of insurance or other property not passing under this Will. 2. If my spouse shall survive me by thirty (30) days, I give and devise any interest I may own. in my residence at 1207 Sherwood Drive, Carlisle, Pennsylvania, and furnishings therein to my spouse, JOHN J. McCORMICK II. I further devise my condominium in Fort Myers Beach, Florida and the furnishings therein to my said spouse, JOHN 1. McCORMICK n. I also give to my said spouse the National Home Life Assurance Company, (now Providian), Annuity Policy No. 510MI05599 and the boat in my name located at Fort Myers Beach, Florida. 3. I make the following specific bequests: a. The sum of Fifty Thousand Dollars ($50,000.00) to HOL Y TRINITY ORTHODOX CATHEDRAL, Camp Hill, Pennsylvania, in loving memory of my parents, John 1. and Pota J. and siblings, Peter 1., George 1., James J. and Stella Alexis and Alice Alexis Leddy. b. The sum of Twenty-five Thousand Dollars ($25,000.00) to the E X}ru3// Page I of 6 Pages (ffiA C.A.M. CUMBERLAND COUNTY HISTORICAL SOCffiTY, Carlisle, Pennsylvania, in memory of the John P. and Pota J. Alexis family, to be used for researching the history of the Greek families in Carlisle, Pennsylvania. c. The sum of Fifty Thousand Dollars ($50,000.00) to ST. JOHN'S EPISCOPAL CHURCH, Carlisle, Pennsylvania, to be used for stained glass windows in the Church Hall, in my memory. d. The sum of One Thousand Dollars ($1,000.00) to each of the CARLISLE GARDEN CLUB and the CARLISLE CMC CLUB, both in Carlisle, Pennsylvania. 4. I give the sum of Fifty Thousand Dollars ($50,000.00) ooto FINANCIAL TRUST SERVICES COMPANY, Carlisle, Pennsylvania, to be held in trust, for the following purposes: a. I direct that my Trustee shall hold, invest and reinvest the same, collect the income arising therefrom, and after paying all expenses incident to the management of the trust, to use and apply as much of the income and principal as may be necessary in the sole discretion of my Trustee, in equal shares, for the education of my grand-nephews and the grandsons of my brother, James, NICHOLAS ALEXIS and CHRISTIAN ALEXIS. b. I direct that each beneficiary shall have the right of withdrawal ofms equal share of the principal and any accumulated income of said trust as each attains the age of twenty- five (25) years. c. To the extent that the same is permitted by law, none of the beneficiaries hereunder shall have any power to dispose of or to charge by way of anticipation any interest given to such beneficiary; and all sums payable to such beneficiaries hereunder shall be free and clear of the debts, contracts, alienations and anticipations of the beneficiaries, and all liabilities for levies and attachments and proceedings of whatsoever kind, at law or in equity. ~ C.A.M. Page 2 of 6 Pages 6. I make the following specific bequests: a. The sum ofTen Thousand Dollars ($10,000.00) to CAROLINE ALEXIS. b. The sum of Twenty-five Thousand Dollars ($25,000.00) to each of JOHN P. ALEXIS, STELLA A. WAGNER, GEORGIANN ALEXIS HEIDBREDER, DEAN ALEXIS, and JOANNE ALEXIS. c. The sum of Twenty-Five Hundred ($2,500.00) to BESSIE GRIMES. d. The sum of Twenty-Five Hundred ($2,500.00) to FLORENCE K.A TSETOS. e. The sum of Twenty-Five Hundred ($2,500.00) to FAYE STOUFFER. 7. I give, devise and bequeath all the rest, residue and remainder of my estate unto my spouse, JOHN J. McCORMICK II, absolutely, with the mderstanding that upon his demise the residue of my estate will revert to heirs as defmed in Item 6, b., above. 8. I nominate, constitute and appoint my spouse, JOHN J. McCORMICK n, as Executor of my estate. In the event he shall be unable or unwilling to serve in such capacity, then I appoint my niece, STELLA A. WAGNER, to act in such capacity. 9. I direct that neither my personal representative nor my Trustee shall be required to file a bond to secure the faithful performance of their duties in any jurisdiction. 10. I authorize and empower my personal representative and Trustee, in their sole and absolute discretion, to purchase or otherwise acquire and retain any investments of which I die seized or any real or personal property of any nature; to sell, lease, pledge, mortgage, transfer, exchange, dispose of or grant options in regard to any or all property of any kind forming a part of my estate for such terms and such prices as they may deem advisable; to borrow money for ~ C.A.M. Page 3 of 6 Pages any purposes connected with the protection and Preservation of my estate; to mortgage or pledge any real or personal property forming a part of my estate or to join in or secure the partition of same; to compromise any claims or demands of my estate against others or of others against my estate; to make distribution in kind and to cause any share to be composed of cash, property or undivided fractional shares in property different in kind from any other share; to employ agents, attorneys and proxies and to delegate to them such power as my PerSonal representative and Trustee consider desirable and to pay reasonable compensation for such services as may be rendered by such agents, attorneys and proxies; and to execute and deliver such instruments as may be necessary to carry out any of these powers. In addition, I direct that my personal representative shall have the power to conduct an inventory of any safe deposit box necessary to the administration of my estate. A majority of all income beneficiaries of the trust or trusts created under this Will may from time to time remove any corporate trustee then acting for reasonable cause and substitute another corporate trustee; provided, however, that such successor corporate trustee shall not be a related or subordinate to anyone or more of the beneficiaries hereunder within the meaning of Internal Revenue Code ~672( c ) or successor provisions. When the removed corporate trustee has received written notice of its removal and has been notified in writing by its successor corporate trustee of the latter's acceptance, the removed corporate trustee shall surrender all books, records, and assets in its possession comprising any portion of the trust or relating to the trust. In no event shall the removed corporate trustee charge a "termination fee" based on a percentage of trust assets as a result of such removal but shall be entitled only to charge such fee as fairly represents the cost of any accounting required by the beneficiaries or successor corporate trustee as part of such removal and substitution. The removed corporate trustee shall not be relieved of liability until its successor has qualified and the removed trustee's accounting, if applicable, has been settled or the beneficiaries and successor corporate trustee have otherwise accepted an account stated in lieu of a formal accounting. As used in this paragraph, the term "reasonable cause" includes, but is not limited to: (1) poor investment performance, (2) the ~ C.A.M. Page 4 of 6 Pages removal of all current income beneficiaries from the state in which the corporate trustee is licensed to conduct business as a corporate trustee, (3) inattention to the reasonable needs of the beneficiaries, (4) lack of communication between trustee and beneficiaries, (5) inaccurate or unclear transaction statements or statements of accOlmt, (6) conflicts between the corporate trustee and the beneficiaries, (7) merger, acquisition or deteriorating financial condition of the corporate trustee, or (8) high turnover of account officers assigned to any trust under this Will. IN WITNESS WHEREOF I have hereunto set my hand and seal this 9th day of April, 1999. ~, ~c'~(SEAL) Christina A. McCormick SIGNED, SEALED, PUBLISHED AND DECLARED by the above-named Testatrix, as and for her Last Will and Testament, in the presence of us, who at her request, have hereunto subscnbed our names as witnesses thereto, in the presence of the said Testatrix and of each other. VJl/rU{)j ,IJ{' '(llj<--> () ~~ 0< C0.T~ / I Page 5 of 6 Pages COMMONWEALTH OF PENNSYLVANIA ) : SS. COUNTY OF CUMBERLAND " ) I, Christina A. McCormick, Testatrix, whose name is signed to the attached or foregoing instrument, having been duly qualified according to law, do hereby acknowledge that I signed and executed the instrument as my Last Will; that I signed it willingly; and that I signed it as my free and voluntary act for the pwposes therein expressed. ef~ elnc~ Christina A. McCormick Sworn or affirmed to and acknowledged before me by Christina A. McCormick, the Testatrix, this 9th day of April, 1999. Notarial Seal Corrine L Myers, Notary PubrlC Carlisle Boro, Cumberland County ; My Commission Expires May 27, 1999 I~LO{'. ~ Notary Public ) : SS. COUNTY OF CUMBERLAND ) We, 1xll/5C C^~<-. and f)11kUi... Y ~f-;.v.. the witnesses whose names are . ed to the attached or foregomg mstrument, being duly qualified according to law, do depose and say that we were present and saw Christina A. McCormick, the Testatrix, sign and execute the instrument as her Last Will; that the Testatrix signed willingly and that the Testatrix executed it as her free and voluntary act for the purposes therein expressed; that each of us, in the hearing and sight of the Testatrix, signed the Will as witnesses; and that to the best of our knowledge the Testatrix was at that time 18 or more years of age, of sound mind and under no constraint or undue influence. COMMONWEALTH OF PENNSYLVANIA Vlm{~fl ~~t Address 0 f.fj,; frl #~1%~ ) /~ 'I-, / -~...63">....-J \J ;(d1. Ir Notarial Seal Corrine L Myers, Notary Public Carlisle Bora, Cumberland County l. My Commission Expires May 27,1999 Sworn or affirmed to and subscribed before me this 9th day of April, 1999. ~. y~~ Notary Pu~ Pa e 6 of 6 Pa es t~ t,./ REGISTER OF WILLS OF CUMBERLAND COUNTY STATUS REPORT UNDER RULE 6.12 (For Resident Decedents Dying After July 1, 1992) Name of Decedent: Christina A. McCorrrlick Date of Death: March 6, 2001 File No. : 21-01-0301 Social Security No.: 182-22-7980 Pursuant to Rule 6.12 of the Supreme Court Orphans' Court Rules, I report the following with respect to completion of the administration of the above-captioned estate: 1. State whether administration of the estate is complete: Yes No X 2. If the answer is No, state when the personal representative reasonably believes that the administration will be complete: Within six months. 3. If the answer to No.1 is Yes, state thefollowing: a. Did the personal representative file a final account with the Court? Yes No b. The separate Orphans' Court No. (if any) for the personal representative's account is: c. Did the personal representative state an account informally to the parties in interest? Yes No d. Copies of receipts, releases, joinders and approvals offormal or informal accounts may be filed with the Clerk of the Orphans' Court and may be attached to this report. Date: February 25,2003 Signature: Name: Address: ~\I.~~ Ivo V. Otto III, Esquire MARTSON DEARDORFF WILLIAMS & OTTO Ten East High Street Carlisle, PAl 70 13 (717) 243-3341 Counsel for personal representative F:IFILESIDA T AFILEIEST A TESI9494-I.srcp # Cumberland County - Register Of wills Hanover and High Street Carlisle, PA 17013 Phone: (71 7) 240 - 6345 . Date: 2/07/2003 JOHN J MCCORMICK II 1207 SHERWOOD DRIVE CARLISLE, PA 17013 RE: Estate of MCCORMICK CHRISTINA A File Number: 2001-00301 Dear Sir/Madam: It has come to my attention that you have not filed the Status Report by Personal Representative (Rule 6.12) in the above captioned estate. As per the AMENDMENTS TO SUPREME COURT ORPHANS' COURT RULES, NO. 103 SUPREME COURT RULES DOCKET NO.1, for decedents dying on or after July 1, 1992, the personal representative or his counsel, within two (2) years of the decedent's death, shall file with the Register of Wills a Status Report of completed or uncompleted administration. This filing will become delinquent on: 3/06/2003 Your prompt attention to this matter will be appreciated. Thank You. Sincerely, DONNA M. OTTO DEPUTY REGISTER OF WILLS cc: J File Counsel Judge MAR 1 3 2003\J' ~ INRE: ESTATE OF : IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA CHRISTINE A. McCORMICK, DECEASED ORPHANS' COURT DIVISION : NO. 21-01-0301 DECREE AND NOW,~ ~,2001 upon consideration of the petition of John 1. McCormick, II, it is hereby ordered and decreed that the appointment of John J. McCormick II as Trustee is confirmed and MANUFACTURERS AND TRADERS TRUST COMPANY, a New York banking corporation, of Carlisle, Pennsylvania, is appointed as co-Trustee to manage the remainder fund for the benefit ofJohn J. McCormick II as income beneficiary during his lifetime with ultimate distribution of principal at his death to the remainder heirs set forth in Item 6, b, ofthe Last Will and Testament of Christine A. McCormick dated April 9, 1999. By the Court, J. F IFlLESIDA T AFILE\EST A TES\9494-petition. trustee INRE: ESTATEOF IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA CHRISTINE A. McCORMICK, DECEASED ORPHANS' COURT DIVISION : NO. 21-01-0301 PETITION FOR CONFIRMATION OF APPOINTMENT OF JOHN J. McCORMICK II AS TRUSTEE AND APPOINTMENT OF MANUFACTURERS AND TRADERS TRUST COMPANY AS CO-TRUSTEE TO THE HONORABLE, THE JUDGES OF THE SAID COURT: The petition of JOHN J. McCORMICK II, respectfully states that: 1. Christine A. McCormick, ("Decedent") died March 6, 2001, leaving a Will dated April 9, 1999, probated in the office of the Register of Wills of Cumberland County, Pennsylvania, on March 20, 2001, a copy of which is attached as Exhibit "A", whereby she appointed John J. McCormick II Executor. 2. John J. McCormick II as Executor filed his First and Final Account and Schedule of Proposed Distribution which was confirmed on August 27,2002, in which the residue of the estate is distributed to John J. McCormick II, Trustee, per Item 7 of said Will. 3. Item 7 of said Will states: "I give, devise and bequeath all the rest, residue and remainder of my estate unto my spouse, John J. McCormick II, absolutely, with the understanding that upon his demise the residue of my estate will revert to heirs as defined in Item 6, b, above." Item 6, b, lists the heirs as John P. Alexis, Stella A. Wagner, Georgiann Alexis Heidbreder, Dean Alexis and Joanne Alexis (nephews and nieces of Decedent). 4. The trust continues and it is the desire of Petitioner that his appointment as Trustee be confirmed. 5. It is further the desire of Petitioner that a co-trustee be appointed who will be able to continue to act in the event of Petitioner's unavailability, incapacity or death. 6. It is further the desire of Petitioner that the Will be interpreted to provide that the Trust shall be held for the benefit of Petitioner, decedent's spouse, during his lifetime with distribution to him of all income from the remainder fund under Item 7 of said Will with ultimate distribution of the principal of the trust on his death to the heirs listed in Item 6, b, of said Will. -1- 7. The names of all persons having an interest, vested or contingent, in the trust are as follows: Mr. John J. McCormick II Strawberry Court Carlisle, P A 17013 Mrs. Stella A. Wagner 4052 South Willow Way Denver, CO 80235 Mr. Dean Alexis 3962 Old Santa Fe Trail Santa Fe, NM 87501 Mr. John P. Alexis 594 Inglehart Avenue St. Paul, MN 55103 Mrs. Georgiann A. Heidbreder 2700 Monroe Street Quincy, IL 62301 Ms. Joanne Alexis 100 Conway Street Carlisle, P A 17013 The consents of the remainder beneficiaries are attached as Exhibit "B". 8. The principal of the remainder fund consists of securities and cash with an approximate value of$365,000. 9. The Will waives the posting of security by the Trustee. WHEREFORE, petitioner respectfully requests that this Court confirm the appointment of John J. McCormick II as Trustee, appoint MANUFACTURERS AND TRADERS TRUST COMPANY, a New York banking corporation, as co-Trustee, to manage the remainder fund for the benefit of J ohn J. McCormick II as income beneficiary during his lifetime with ultimate distribution of principal at his death to the heirs set forth in Item 6, b, ofthe Last Will and Testament of Christine A. McCormick dated April 9, 1999. Respectfully submitted, MAR\NDEARDORFF WILLIAMS & OTTO ~ By: Ivo V. Otto III, Esquire Attorneys for John J. McCormick II, Petitioner -2- VERIFICATION I verify that the statements contained herein are true and correct. I understand that false statements herein are made subject to the penalties of 18 Pa.C.S.A. ~4904, relating to unsworn falsification to authorities. -3- IN RE: ESTATE OF IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA CHRISTINE A. McCORMICK, DECEASED ORPHANS' COURT DIVISION : NO. 21-01-0301 ACCEPTANCE BY CO-TRUSTEE Manufacturers and Traders Trust Company, a New York banking corporation, with offices in Carlisle, Pennsylvania, hereby accepts its appointment as co-Trustee under the Last Will and Testament of Christine A. McCormick dated April 9, 1999, and further accepts the interpretation of the Court as to the entitlement of John J. McCormick II to income during his lifetime with ultimate distribution of principal at his death to the remainder heirs under said Last Will and Testament. ~ACTURERSANDTRADERSTRUSTCOMPANY By: ~t!~~i/fJr%t5T1f~ / / F: IFlLESIDA T ARLE\ WlLLS\9494-2. WlL 21-2001-301 LAST WILL AND TESTAMENT I, CHRISTINA A. McCORMICK, of the Borough of Carlisle, Cumberland County, Pennsylvania, being of sound and disposing mind and memory, do hereby make, publish and declare this to be my Last Will and Testament, hereby revoking any and all former Wills or Codicils by me made. 1. ~ 1/ /'1 { (-', ! L_I . 1- I direct that all my legally enforceable debts, funeral expenses, testamentary expenses and all inheritance taxes (whether such taxes may be payable by my estate or by any recipient of any property) shall be paid from my residuary estate as soon as practicable after my decease and as part of the administration of my estate. My personal representative shall have no duty or obligation to obtain reimbursement for any such tax so paid, even though on proceeds of insurance or other property not passing under this Will. 2. ~ If my spouse shall survive me by thirty (30) days, I give and devise any interest I may own in my residence at 1207 Sherwood Drive, Carlisle, Pennsylvania, and furnishings therein to my spouse, JOHN 1. McCORMICK II. I further devise my condominium in Fort Myers Beach, Florida and the furnishings therein to my said spouse, JOHN J. McCORMICK II. I also give to my said spouse the National Home Life Assurance Company, (now Providian), Annuity Policy No. 51OMI05599 and the boat in my name located at Fort Myers Beach, Florida. 3. I make the following specific bequests: a. The sum of Fifty Thousand Dollars ($50,000.00) to HOLY TRINITY ORTHODOX CATHEDRAL, Camp Hill, Pennsylvania, in loving memory of my parents, John 1. and Pota 1. and siblings, Peter 1., George 1., James 1. and Stella Alexis and Alice Alexis Leddy. b. The sum of Twenty-five Thousand Dollars ($25,000.00) to the ~ C.A.M. Page 1 of 6 Pages (9 /', '../-. i ( /1 /( Y tv.... h <. / ,IV- CUMBERLAND COUNTY HISTORICAL SOCIETY, Carlisle, Pennsylvania, in memory of the John P. and Pota 1. Alexis family, to be used for researching the history of the Greek families in Carlisle, Pennsylvania. c. The sum of Fifty Thousand Dollars ($50,000.00) to ST. JOHN'S EPISCOPAL CHURCH, Carlisle, Pennsylvania, to be used for stained glass windows in the Church Hall, in my memory. d. The sum of One Thousand Dollars ($1,000.00) to each of the CARLISLE GARDEN CLUB and the CARLISLE CIVIC CLUB, both in Carlisle, Pennsylvania. 4. I give the sum of Fifty Thousand Dollars ($50,000.00) unto FINANCIAL TRUST SERVICES COMPANY, Carlisle, Pennsylvania, to be held in trust, for the following purposes: a. I direct that my Trustee shall hold, invest and reinvest the same, collect the income arising therefrom, and after paying all expenses incident to the management of the trust, to use and apply as much of the income and principal as may be necessary in the sole discretion of my Trustee, in equal shares, for the education of my grand-nephews and the grandsons of my brother, James, NICHOLAS ALEXIS and CHRISTIAN ALEXIS. b. I direct that each beneficiary shall have the right of withdrawal of his equal share of the principal and any accumulated income of said trust as each attains the age of twenty- five (25) years. c. To the extent that the same is permitted by law, none of the beneficiaries hereunder shall have any power to dispose of or to charge by way of anticipation any interest given to such beneficiary; and all sums payable to such beneficiaries hereunder shall be free and clear of the debts, contracts, alienations and anticipations of the beneficiaries, and all liabilities for levies and attaclunents and proceedings of whatsoever kind, at law or in equity. ~ C.A.M. Page 2 of 6 Pages 6. I make the following specific bequests: a. The sum ofTen Thousand Dollars ($10,000.00) to CAROLINE ALEXIS. b. The sum of Twenty-five Thousand Dollars ($25,000.00) to each of JOHN P. ALEXIS, STELLA A. WAGNER, GEORGIANN ALEXIS HEIDBREDER, DEAN ALEXIS, and JOANNE ALEXIS. c. The sum of Twenty-Five Hundred ($2,500.00) to BESSIE GRIMES. d. The sum of Twenty-Five Hundred ($2,500.00) to FLORENCE KA TSETOS. e. The sum of Twenty-Five Hundred ($2,500.00) to FAYE STOUFFER. 7. I give, devise and bequeath all the rest, residue and remainder of my estate unto my spouse, JOHN 1. McCORMICK II, absolutely, with the understanding that upon his demise the residue of my estate will revert to heirs as defined in Item 6, b., above. 8. I nominate, constitute and appoint my spouse, JOHN J. McCORMICK II, as Executor of my estate. In the event he shall be unable or unwilling to serve in such capacity, then I appoint my niece, STELLA A. WAGNER, to act in such capacity. 9. I direct that neither my personal rel?resent\ltive nor my Trustee shall be required to file a bond to secure the faithful performance of their duties in any jurisdiction. 10. ' I authorize and empower my personal representative and Trustee, in their sole and absolute discretion, to purchase or otherwise acquire and retain any investments of which I die seized or any real or personal property of any nature; to sell, lease, pledge, mortgage, transfer, exchange, dispose of or grant options in regard to any or all property of any kind forming a part of my estate for such terms and such prices as they may deem advisable; to borrow money for ~ C.A.M. Page 3 of 6 Pages any purposes connected with the protection and preservation of my estate; to mortgage or pledge any real or personal property forming a part of my estate or to join in or secure the partition of same; to compromise any claims or demands of my estate against others or of others against my estate; to make distribution in kind and to cause any share to be composed of cash, property or undivided fractional shares in property different in kind from any other share; to employ agents, attorneys and proxies and to delegate to them such power as my personal representative and Trustee consider desirable and to pay reasonable compensation for such services as may be rendered by such agents, attorneys and proxies; and to execute and deliver such instruments as may be necessary to carry out any of these powers. In addition, I direct that my personal representative shall have the power to conduct an inventory of any safe deposit box necessary to the administration of my estate. A majority of all income beneficiaries of the trust or trusts created under this Will may from time to time remove any corporate trustee then acting for reasonable cause and substitute another corporate trustee; provided, however, that such successor corporate trustee shall not be a related or subordinate to anyone or more of the beneficiaries hereunder within the meaning of Internal Revenue Code 9672( c ) or successor provisions. When the removed corporate trustee has received written notice of its removal and has been notified in writing by its successor corporate trustee of the latter's acceptance, the removed corporate trustee shall surrender all books, records, and assets in its possession comprising any portion of the trust or relating to the trust. In no event shall the removed corp,orate ~stee charge a "termination fee" based on a percentage of trust assets as a result of such removal but shall be entitled only to charge such fee as fairly represents the cost of any accounting required by the beneficiaries or successor corporate trustee as part of such removal and substitution. The removed corporate trustee shall not be relieved of liability until its successor has qualified and the removed trustee's accounting, if applicable, has been settled or the beneficiaries and successor corporate trustee have otherwise accepted an account stated in lieu of a formal accounting. As used in this paragraph, the term "reasonable cause" includes, but is not limited to: (1) poor investment performance, (2) the ~ C.A.M. Page 4 of 6 Pages removal of all current income beneficiaries from the state in which the corporate trustee is licensed to conduct business as a corporate trustee, (3) inattention to the reasonable needs of the beneficiaries, (4) lack of communication between trustee and beneficiaries, (5) inaccurate or unclear transaction statements or statements of account, (6) conflicts between the corporate trustee and the beneficiaries, (7) merger, acquisition or deteriorating financial condition of the corporate trustee, or (8) high turnover of account officers assigned to any trust under this Will. IN WITNESS WHEREOF I have hereunto set my hand and seal this 9th day of April, 1999. ~" ~ c'~(SEAL) Christina A. McCormick SIGNED, SEALED, PUBLISHED AND DECLARED by the above-named Testatrix, as and for her Last Will and Testament, in the presence of us, who at her request, have hereunto subscribed our names as witnesses thereto, in the presence of the said Testatrix and of each other. 'IJin({Jf ,y( '[jr~ -----.., /-, f-- /1 L-'~ ,-(~-,--...;::::-- LI' ~"I_"'--"') C'" ''-.. '--- / ,j Page 5 of 6 Pages COMMONWEALTH OF PENNSYLVANIA ) : SS. COUNTY OF CUMBERLAND ) I, Christina A. McCormick, Testatrix, whose name is signed to the attached or foregoing instrument, having been duly qualified according to law, do hereby acknowledge that I signed and executed the 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. &~ e 7n.~ Christina A. McCormick Sworn or affirmed to and acknowledged before me by Christina A. McCormick, the Testatrix, this 9th day of April, 1999. , I Notarial Seal Corrina L. Myers, Notary Public Carlisle Bora, Cumberland County . My Commission Expires May 27, 1999 ~0~ Notary Public COMMONWEALTH OF PENNSYLVANIA ) : SS. COUNTY OF CUMBERLAND ) We, )){f}/'R- " ,^ft" <'~ and --rntUC-G.. Y &....., ~ the witnesses whose names are .. ed to the attached or foregoing instrument, being duly qualified according to law, do depose and say that we were present and saw Christina A. McCormick, the Testatrix, sign and execute the instrument as her Last Will; that the Testatrix signed willingly and that the Testatrix executed it as her free and voluntary act for the purposes therein expressed; that each of us, in the hearing and sight of the Testatrix, signed the Will as witnesses; and that to the best of our knowledge the Testatrix was at that time 18 or more years of age, of sound mind and under no constraint or undue influence. V~2tfZ (Qfl iMA )L{!(_ Address '-"If 00 ctl{Jl (//t;!i S!/~'-)J , ~~lIIISI(, /};1 170~ - I )7 <.:.LLu_<.:c C Addr ss -?C~ II - I:YvL~i; >iii'v:.,.,.;. 1',; ! '7,: /. 7' .- J;' ,J ' Sworn or affirmed to and subscribed before me this 9th day of April, 1999. ~' y~~ Notary P~ Notarial Seal Corrine L. Myers, Notary Public Carlisle Bora, Cumberland County My Commission Expires May 27,1999 Page 6 of 6 Pages IN RE: ESTATE OF IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA CHRISTINE A. McCORMICK, DECEASED ORPHANS' COURT DIVISION : NO. 21-01-0301 CONSENT I, John P. Alexis, one of the remainder beneficiaries of the Last Will and Testament of Christine A. McCormick, deceased, do hereby consent to the confirmation of John J. McCormick II as Trustee, the appointment of Manufacturers and Traders Trust Company, a New York banking corporation, of Carlisle, Pennsylvania, as co-Trustee under the Last Will and Testament of Christine A. McCormick dated April 9, 1999, and the interpretation ofthe trust provisions as set forth in the attached Petition, a copy of which has been provided to me. Dated: 2.. ..../9 - 03 I~ E~;6It -:t" INRE: ESTATEOF IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYL V ANlA CHRISTINE A. McCORMICK, DECEASED ORPHANS' COURT DNISION : NO. 21-01-0301 CONSENT I, Stella A. Wagner, one of the remainder beneficiaries of the Last Will and Testament of Christine A. McCormick, deceased, do hereby consent to the confirmation of John J. McCormick II as Trustee, the appointment of Manufacturers and Traders Trust Company, a New York banking corporation, of Carlisle, Pennsylvania, as co-Trustee under the Last Will and Testament of Christine A. McCormick dated April 9, 1999, and the interpretation of the trust provisions as set forth in the attached Petition, a copy of which has been provided to me. Dated: ~aCu~ S .1laA Wagne;- 6-/~~<1.3 ( k~+ 1'13 If -'I-- IN RE: ESTATE OF IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYL V ANlA CHRISTINE A. McCORMICK, DECEASED ORPHANS' COURT DIVISION : NO. 21-01-0301 CONSENT I, Georgiann Alexis Heidbreder, one of the remainder beneficiaries of the Last Will and Testament of Christine A. McCormick, deceased, do hereby consent to the confirmation of John J. McCormick II as Trustee, the appointment of Manufacturers and Traders Trust Company, a New York banking corporation, of Carlisle, Pennsylvania, as co-Trustee under the Last Will and Testament of Christine A. McCormick dated April 9, 1999, and the interpretation of the trust provisions as set forth in the attached Petition, a copy of which has been provided to me. ~Lol\~~~ ~ Georgi Alexls Heldbreder Dated: ;;..11 ~ Ie> -- J. -. Ita " CV...!l,h,t IN RE: ESTATE OF IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA CHRISTINE A. McCORMICK, DECEASED ORPHANS' COURT DIVISION : NO. 21-01-0301 CONSENT I, Dean Alexis, one of the remainder beneficiaries of the Last Will and Testament of Christine A. McCormick, deceased, do hereby consent to the confirmation of John J. McCormick II as Trustee, the appointment of Manufacturers and Traders Trust Company, a New York banking corporation, of Carlisle, Pennsylvania, as co-Trustee under the Last Will and Testament of Christine A. McCormick dated April 9, 1999, and the interpretation of the trust provisions as set forth in the attached Petition, a copy of which has been provided to me. f Dated: "^B (I 1::= '/A, hi t- I]"'A~' / .;' i I '- l~ \'~ "D'l INRE: ESTATEOF IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA CHRISTINE A. McCORMICK, DECEASED ORPHANS' COURT DIVISION : NO. 21-01-0301 CONSENT I, Joanne Alexis, one of the remainder beneficiaries of the Last Will and Testament of Christine A. McCormick, deceased, do hereby consent to the confirmation of John 1. McCormick II as Trustee, the appointment of Manufacturers and Traders Trust Company, a New York banking corporation, of Carlisle, Pennsylvania, as co-Trustee under the Last Will and Testament of Christine A. McCormick dated April 9, 1999, and the interpretation of the trust provisions as set forth in the attached Petition, a copy of which has been provided to me. Dated: ? - / > - OJ' ~~o~ J 0 f AleXIS E yA,/;,t "IS I( ,,.', I' J~!} 0;1 dJ\ REGISTER OF WILLS OF CUMBERLAND COUNTY STATUS REPORT UNDER RULE 6.12 (For Resident Decedents Dying After July 1, 1992) Name of Decedent: Christina A. McCormick Date of Death: March 6, 2001 File No.: 21-01-0301 Social Security No.: 182-22-7980 Pursuant to Rule 6.12 ofthe Supreme Court Orphans' Court Rules, I report the following with respect to completion of the administration of the above-captioned estate: 1. State whether administration of the estate is complete: Yes x No 2. If the answer is No, state when the personal representative reasonably believes that the administration will be complete: 3. If the answer to No. 1 is Yes, state the following: a. Did the personal representative file a final account with the Court? Yes x No b. The separate Orphans' Court No. (if any) for the personal representative's account is: c. Did the personal representative state an account informally to the parties in interest? Yes No x d. Copies of receipts, releases, joinders and approvals offormal or informal accounts may be filed with the Clerk of the Orphans I Court and may be attached to this report. Date: SeptemDer 18, 2003 Signature: Name: Address: ~\}.~ ...<r Ivo V. Otto ill, Esquire MARTSON DEARDORFF WILLIAMS & OTTO Ten East High Street Carlisle, P A 17013 (717) 243-3341 Counsel for personal representative F; IFILESIDA T AFILEIEST A TES\9494-1.srep 'IlEV.'_U'\~.oIl'l1 ... Z W o W U W o w ... ","''' U"'" W"U ,,00 U"'~ .... .. '" '* COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF' REVENUE DEPT. 280601 HA.RRISBURG. PA. 11128-0601 REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT FILE NUMBER 21 00301 NUMBER ,) r, 1\ u i/j ~ 01 COUNTY CODE YEAR SOCIAL SECURITY NUMBER 182-22-7980 OFFICIAL USE QNL Y ILt-z/'t-1 AME Ivo V. Otto, 1lI, Esquire -rIRMNAME(lfapPlicable) - .._._~-. Malison Deardorff WiIliams & Otto ~ELEPHONE NUMBER-. ---- ---- _.n ~7/243-3341 -- I 1. Re~'1 ~state (SChedu'I~A)-- I I 10 East High Street Carlisle, PA 17013 nc; - ~'-" No ;7 ~" 726,432.12 -.~, Nlifte N~e. ..: --1;" 234,267.:tf:[i -- ----'-P-;;" Non,," (1) (2) (3) (4) (5) (6) (7) 106,009.16 __M..__.._______._ , DECEDENT'S NAME (LAST. FIRST. AND MIDDLE INITIAL) : McCORMICK, CHRISTINA A. ~::=MM-DD-Y<AH) I ~~~~;~'~~H2(;M.UD.Y<AHI -.- (IF APPUCABlE) SURVlV1NGSpoDSE'SNAME (LAST. FIRST AND MIDDle INITIAL) McCORMICK, II, JOHN J. a 1. Original Return" - -~----._.- 0 2. Supplemental Return- o 4. Limited Estate THIS RETURN-MUST BE FILED IN DUPLICATE WiTH THE SOCIAL SECURITY NUMBER REGISTER OF WILLS o 3. KemalMer Return (elate ofaeatn pnor 10 ll-13-'82)- o 4a. Fu\\.lfe Interest Compromise (date of death after 12-12-82) 7. Decedent Maintained a Living Trust (Altach copy of Trust) 10. Spousal Poverty Credit (date of death between \2-3\-9\ and \-1-95) 181 5. Federal Estate Tax Return Required o 8. Total Number of Safe Deposit Bo)(es o 11. Ejection to tax under Sec. 9113(A) (Attach Sch 0) tHI 6. Decedent Died Testate (Attach copy 0 ofWlII) o 9. litigation Proceeds Received 0 .... iilz ~w ",0 OZ u~ 2. Stocks and Bonds (Schedule B) 3, Closely Held Corporation, Partnership or Sole-Proprietorship 4. Mortgages & Notes Receivable (Schedule D) z a ~ ~ => .... 0: '" U W '" 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) 6. Jointly Owned Property (Schedule F) o Separate Billing Requested 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (Schedule G or L) 8. Total Gross Assets (total Lines 1-7) 9. Funeral Expenses & Administrative Costs (Schedule H) (9) 73,508.61 43,054.73 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) (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) 114. Net Value Subject to Tax (Une 12 minus Line 13) ---I SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES 15.Amount of Une 14 taxable at the spousal tax rate, or transfers under Sec. 9116(a)(1.2) 220,824.30 x .00 - OFFl C L.l I ..,. " - N VI (8) EONlY Q 1"'0', ;:j'-, o ~ 1,066,708.49 (11) 116,563.34 (12) 950,145.15 ~--_.._- .-- (13) 536,820.85 (14) 413,324.30 (15) 0.00 ~---- (16) -----.-.-- - (17) (18) 28,875.00 (19) 28,875.00 , 19. Tax Due I : 20. 0 \ .... Z o ~ => ~ '" o u S x .045 16_ Amount of Une 14 taxable at lineal rate 17.Amount of Line 14 taxable at sibling rate x .12 18. Amount of Une 14 taxable at collateral rate 192,500.00 x .15 CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. Copyright 2000 form software only The Lackner Group. Inc. Form REV-1500 EX (Rev. 6-00) Decedent's Complete Address: STREET ADDRESS 1207 Sherwood Drive '-ISTAT--~-l ---- .-- jSTATE PA IZIP 17013 CITY Carlisle Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount (1) 28,875.00 27,4:rr:E 1,443":15 Total Credits (A + B + C) (2) 3. Interest/Penalty if applicable D. Interest E. Penaity TotallnteresllPenalty (0 + E) 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 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. A. Enter the interest on the tax due. B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (3) (4) (5) (SA) (5B) Make Check Payable to: REGISTER OF WILLS, AGENT 28,875.00 0.00 0.00 0.00 PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS No 1. Did decedent make a transfer and: Yes a. retain the use or income of the property transferred;............................................................................. 0 b. retain the right to designate who shall use the property transferred or its income;................................ 0 c. retain a reversionary interest; or............................................................................................................ 0 d. receive the promise for life of either payments, benefits or care?.......................................................... 0 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration?.. ... ... ....... ... ........ ............. ..... ................... ........ ,..... ... ..... ... ... ........... ... ...... 0 o ~ 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death?,..... 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a benefiCiary designation?. ...... ..... ............... ....... ....... .... ... .... ...... ........ ..... .... ..... .... .... ..... ................, ~ ~ ~ ~ ~ ~ o 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 penalties of perjury~1 declareihall have examined this return. Including accompanying schedules and statements, and to the best of my knowiedg-e and belief. it is true. -correclanifcomPlete Dedaration of preparer ot than the personal representative is based on all information of which preparef' has any knowledge. SIGNATU ER 0 ISLE FOR nUN URN ADDRESS 1207 Sherwood Drive Carlisle, P A 17013 DATi; 1/ /1-'" JP'/ ----~-----._,--L--~-~^r:- -- ALJURt:S:S SIG~.R.PA~REPR.SONIAIIV. . ~ C AlJURI:::S:S 10 East High Street Carlisle, P A 17013 LJAII:: MIoI 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) (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. ~9116 (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)]. 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. ~9'16 (al (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. ~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. . I I SCHEDULE B l_____ STOCKS & BONDS COMMONWEALTH OF PENNSYLVANtA INHERITANCE TAX RETURN RESIDENT DECEDENT l_ ESTATE OF McCORMICK, CHRISTINA A. '-r' FILE NUMBER 21 - 01 - 00301 ._~ All property jointly...owned with right of survivorship must be disclosed on Schedule F. ITEM NUMBER ---1-- UNIT VAL~~ +VAlU.-E AT DATE OF DEATH .---- --410,981:19 ! ! 43.155 753.91 DESCRIPTION H.D . Vest Investmeiii-Securities, Inc., Account #APW -4 71763- (see statement attached) 2 I , 17.4698 shares, lIT, CUSIP 450911102 3 372 shares, Worldcom, CUSIP 98157D304 16.755 6,232.86 4 23 shares, Starwood Hotel & Resorts Worldwide, CUSIP 85590A203 13 shares, Rayonier, CUSIP 754907103 125.28 33.985 781.65 5 41.76 6 356.016 shares, TXU Corp, CUSIP 873168108 41.275, 14,694.56 7 I 86976.34 shares, Vanguard Prime Money Market Fund, CUSIP 922906201 1.00 86,976.34 8 159.726 shares, Vanguard 500 Index Fund, CUSIP 922908108 115.95 18,520.23 9 1036.68 shares, MSDW Liquid Asset Fund 1.00 I , 1.65 1,036.68 10 20 shares, DW Realty Income Partnership 33.00 11 1168.956 shares, USAA Cornerstone Strategy Fund, USCRX 25.31 29,586.28 12 1/3 of one unit of Aspen Ski Lodge Limited Partnership (valuation attached) 3,500.00 13 Treasury Direct Account #1300-032-4429 (see statement attached) 127,540.64 14 Accrued Interest on Treasury Direct Account #1300-032-4429 1,597.50 15 (3) $10,000 Series EE Bonds, issued 2/1993 24,072.00 8,024.00 I TOTAL (Also enter on line 2, Recapitulation) 726,432.12 *' SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY COMMONWeALTH Of PENNSYLVANIA ~ER\TA.NCE TAX. RETURN RESlDEIfT DEceOENT I FILE NUMBER _ 21 - 01 - 00301 ESTATE OF McCORMICK, CHRISTINA A. 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 NUMBER I 2 3 4 5 6 7 8 9 10 II 12 DESCRIPTION VALUE AT DATE OF DEATH 25.00 Members 1st Federar-Credit Union, Savings #67854-00 Members 1st Federal Credit Union, Checking #67854-11 3,047.57 Members 1st Federal Credit Union, Investment Savings #67854-05 26,383.08 Members I st Federal Credit Union, Certificate of Deposit #67854-44 25,326.47 Members 1st Federal Credit Union, Certificate of Deposit #67854-45 25,326.47 Members 1st Federal Credit Union, Certificate of Deposit #67854-47 25,312.16 U.S. Treasury, tax rebate 300.00 Contioental Casualty Co., refund 160.03 139.15 M.D. Anderson Cancer Center, refund Jewelry, per appraisal, copy attached 13,432.14 Household furnishings, per appraisal, copy attached 13,680.00 Peoples Benefit Life Insurance Co., Annuity Policy #5IOMI05599, Estate, beneficiary 101,135.14 -------.-.--------.--------....---- 234,267.21 TOTAL (Also enter on Line 5, Recapitulation) . SCHEDULE G INTER-VIVOS TRANSFERS & MISC. NON-PROBATE PROPERTY COMMONWEALTH OF PENNSYlVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF McCORMICK, CHRISTINA A. FILE NUMBER 21 - 01 - 00301 This schedule must be completed and filed if the answer to any of questions 1 through 4 on page 2 Is yes. ---.- "-- -" ITEM DESCRIPTION OF PROPERTY DATE OF DEATH %OF Include \he name of !he transferee, their relationship 10 decedent and the date of transfer. VALUE OF ASSET DECO'S EXCLUSION TAXABLE VALUE NUMBER Attach a copy of the deed for real estate. INTEREST (IF APPLICABlE) 1 HD. Vest Investment Securities, Inc., IRA Account 14,327.41 14,327.41 #APW-471771, John J. McCormick, II, spouse, beneficiary i 2 PFL Life Insurance Co., Annuity Policy #0 1 OOXO 102 1 I, 91,681.75 91,681.75 John 1. McCormick, II, spouse, beneficiary -_.- TOTAL (Also enter on line 7, Recapitulation) 106,009.16 *' _J SCI-EOUl..E H RN:RALEXPENSES& ADMNISTRATlVECOSTS COMMONWEALTH Of" PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF McCORMICK, CHRISTINA A. I FILE NUMBER 21 - 01 - 00301 Debts of decedent must be reported on Schedule I. - ITE~ NUMBER A. F 2 -- ~.-- DESCRIPTION AMOUNT UNERAL EXPENSES: Ewing Brothers Funeral Home, Carlisle, P A, funeral services 8,520.80 Carlisle Memorial Service, Carlisle, P A, monument 2,045.00 Sunnyside Restaurant, Carlisle, P A, memorial reception 1,344.04 Westminster Cemetery, Carlisle, PA, grave opening 1,200.00 DMINISTRATIVE COSTS: 31,500.00 Personal Representative's Commissions John 1. McCormick, II Social Security Number(s) I EIN Number of Personal RepresentaUve(s): Street Address 1207 Sherwood Drive City Carlisle State PA Zip 17013 - Year(s) Commission paid AUomey's Fees Martson Deardorff Williams & Otto (estimated) 20,000.00 Family Exemption: (If decedenfs address is not the same as claimanfs, attach explanation) 3,500.00 Claimant JOHN J. McCORMICK, II Street Address 1207 Sherwood Drive City Carlisle Stale PA Zip 17013 Relationship of Claimant to Decedent Spouse Probate Fees Register of Wills, Cumberland County 238.00 Accountanfs Fees Tax Return Preparer's Fees Mentzer & Co. 1,060.00 Other Administrative Costs Cumberland Law Journal, advertising Letters Testamentary 75.00 The Sentinel, advertising Letters Testamentary 93.83 Register of Wills, exemplified record to Florida 42.50 Total of Continuation Schedule(s) 3,889.44 73,508.61 3 4 B. A 1. 2_ 3. 4_ 5_ 6. 7. I 2 l TOTAL (Also enter on line 9, Recapitulation) * SchecUeH FLnlIilI E'1'6'1s a 5 & Adninil:itt.ve Costs CCII'lIi1ued COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF McCORMICK, CHRISTINA A. I FILE NUMBER 21 - 01 - 00301 4 Register of Wills, short certificates 45.00 5 6 7 8 9 10 Line & Line Jewelers, jewelry appraisal Diversified Appraisal Services, real estate Members I st, checkbook charges 575.00 250.00 12.95 15.29 3.00 25.00 UPS, overnight mail re investment account Copies of deeds Treasury Direct, account maintenance fee 11 Linden Hall Antiques, household furnishings appraisal 185.00 435.00 12 13 14 Carl Stine, trash removal Seaboard Surety Corp., indemnification bond, lost stock certificate 5.00 802.20 H,D. Vest Investment Securities, Inc., commission, costs on sale of investments to pay expenses and specific bequests 15 Commonwealth of Pennsylvania, death certificates Reserved for additional probate fee, filing fees for Account, postage and other miscellaneous expenses 36.00 1,500.00 16 Page 2 of Schedule H *' SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS COMMONWEALTH OF PENNsYlVANIA lNHERlTIl.HCE TAX RET'JRN RESIOENT DECEDENT I FILE NUMBER 21 - 01 - 00301 ESTATE OF McCORMICK, CHRISTINA A. Include unrelmbursed medical expenses. -.,-_.- ITEM NUMBER I DESCRIPTION AMOUNT 42,835.33 Decedent's one-half interest in Mortgage No. 0000425179, Washington Mutual Bank, NA 2 Family Home Healthcare Products, account payable for medical equipment 13.79 3 Quest Diagnostics, account payable 25.71 4 M.D. Anderson Cancer Center, account payable 170.00 5 Darlene Moyer, tax collector, 2001 personal tax 9.90 TOTAL (Also enter on Line 10, Recapitulation) 43,054.73 . SCHEDULE J BENEFICIARIES COMMONWEALTH OF PENNSYlVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF McCORMICK, CHRISTINA A. NUMBER I. I 2 3 4 5 6 7 II. 2 3 4 5 I FILE NUMBER 21 - 01 - 00301 NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY RELATIONSHIP TO AMOUNT OR SHARE DECEDENT OF ESTATE nnNatLl.'T ~---+---- TAXABLE DISTRIBUTIONS Onclude outright spousal distributions) M&T Bank, Carlisle, PA,Trustee for Nicholas Alexis and Christian Alexis Grandnephews 50,000.00 Sister-in-law 10,000.00 Nephew 25,000.00 Niece 25,000.00 Niece 25,000.00 Nephew 25,000.00 Niece 25,000.00 Caroline Alexis 105 S. 36th St., Camp Hill, PA 17011 John P. Alexis 594 Inglehart A venue, St. Paul, MN 55 103 Stella A. Wagner 4052 South Willow Way, Denver, CO 80235 , Georgiano A. Heidbreder 12700 Monroe St., Quincy, IL 62301 Dean Alexis 3962 Old Santa Fe Trail, Santa Fe, NM 87501 Joanne Alexis 100 Conway St., Carlisle, PA 17013 See Continuation Schedule(s) attached Enter dollar amounts for distributions shown above on lines 15 through 17, as appropriate, on Rev 1500 cover sh~ t NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE John J. McConnick, II, trust under Item 7 of Last Will and Testament I 409,820.85 B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS Holy Trinity Orthodox Cathedral, Camp Hill, P A 50,000.00 Cumberland County Historical Society, Carlisle, P A 25,000.00 St. John's Episcopal Church, Carlisle, PA 50,000.00 Carlisle Civil Club 1,000.00 Carlisle Garden Club 1,000.00 TOTAL OF PART II. ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHE T 536,820.85 . SCHEDULE J BENEFICIARIES continued COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF McCORMICK, CHRISTINA A. NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY I. TAXABLE DISTRIBUTIONS (include outright spousal distributions) 8 Bessie Grimes 4121 Spring Valley Road, C-13, Harrisburg, PA 17109 9 Florence Katsetos 103 Novemoser Dr., #4, Camp Hill, PA 17011 10 Faye Stouffer 303 N. Pitt St., Carlisle, PA 17013 II John J. McCormick, II 1207 Sherwood Dr., Carlisle, PA 17013 I FilE NUMBER 21 - 01 - 00301 RELATIONSHIP TO .. DECEDENT AMOUNT OR SHARE DoNot~lstTrusteels) OF ESTATE None 2,500.00 None 2,500.00 None 2,500.00 Spouse 114,815.14 Page 2 of Schedule J ~ ~ ((~ 1.::::>, r? (;\ ~/ F:\FILES\DA T AF1LE\WlLL.S\9494-2. WIL LAST WILL AND TESTAMENT r, CHRISTINA A. McCORMICK, of the Borough of Carlisle, Cumberland County, Pennsylvania, being of sound and disposing mind and memory, do hereby make, publish and declare this to be my Last Will and Testament, hereby revoking any and alI former Wills or Codicils by me made. I. r direct that all my legally enforceable debts, funeral expenses, testamentary expenses and all inheritance taxes (whether such taxes may be payable by my estate or by any recipient of any property) shall be paid from my residuary estate as soon as practicable after my decease and as part of the administration of my estate. My personal representative shall have no duty or obligation to obtain reimbursement for any such tax so paid, even though on proceeds of insurance or other property not passing under this Will. 2. Ifmy spouse shall survive me by thirty (30) days, I give and devise any interest I may own in my residence at 1207 Sherwood Drive, Carlisle, Pennsylvania, and furnishings therein to my spouse, JOHN J. McCORMICK II. I further devise my condominium in Fort Myers Beach, Florida and the furnishings therein to my said spouse, JOHN J. McCORMICK II. I also give to my said spouse the National Home Life Assurance Company, (now Providian), Annuity Policy No. 510MI05599 and the boat in my name located at Fort Myers Beach, Florida. 3. I make the following specific bequests: a. The sum of Fifty Thousand Dollars ($50,000.00) to HOLY TRINITY ORTHODOX CATHEDRAL, Camp Hill, Pennsylvania, in loving memory of my parents, John J. and Pota 1. and siblings, Peter 1., George J., James J. and Stella Alexis and Alice Alexis Leddy. b. The sum of Twenty-five Thousand Dollars ($25,000.00) to the ~ C.A.M. Page 1 of 6 Pages CUMBERLAND COUNTY HISTORICAL SOCIETY, Carlisle, Pennsylvania, in memory of the John P. and Pota J. Alexis family, to be used for researching the history of the Greek families in Carlisle, Pennsylvania. c. The sum of Fifty Thousand Dollars ($50,000.00) to ST. JOHN'S EPISCOPAL CHURCH, Carlisle, Pennsylvania, to be used for stained glass windows in the Church Hall, in my memory. d. The sum of One Thousand Dollars ($1,000.00) to each of the CARLISLE GARDEN CLUB and the CARLISLE CIVIC CLUB, both in Carlisle, Pennsylvania. 4. I give the sum of Fifty Thousand Dollars ($50,000.00) unto FINANCIAL TRUST SERVICES COMPANY, Carlisle, Pennsylvania, to be held in trust, for the following pwposes: a. I direct that my Trustee shall hold, invest and reinvest the same, collect the income arising therefrom, and after paying all expenses incident to the management of the trust, to use and apply as much of the income and principal as may be necessary in the sole discretion of my Trustee, in equal shares, for the education of my grand-nephews and the grandsons of my brother, James, NICHOLAS ALEXIS and CHRISTIAN ALEXIS. b. I direct that each beneficiary shall have the right of withdrawal of his equal share of the principal and any accumulated income of said trust as each attains the age of twenty-five (25) years. c. To the extent that the same is pennitted by law, none of the beneficiaries hereunder shall have any power to dispose of or to charge by way of anticipation any interest given to such beneficiary; and all sums payable to such beneficiaries hereunder shall be free and clear of the debts, contracts, alienations and anticipations of the beneficiaries, and all liabilities for levies and attachments and proceedings of whatsoever kind, at law or in equity. ~ C.A.M. Page 2 of 6 Pages 6. I make the following specific bequests: a. The sum ofTen Thousand Dollars ($10,000.00) to CAROLINE ALEXIS. b. The sum of Twenty-five Thousand Dollars ($25,000.00) to each of JOHN P. ALEXIS, STELLA A. WAGNER, GEORGlANN ALEXIS HEIDBREDER, DEAN ALEXIS, and JOANNE ALEXIS. c. The sum of Twenty-Five Hundred ($2,500.00) to BESSIE GRIMES. d. The sum of Twenty-Five Hundred ($2,500.00) to FLORENCE KA TSETOS. e. The sum of Twenty-Five Hundred ($2,500.00) to FAYE STOUFFER. 7. I give, devise and bequeath all the rest, residue and remainder of my estate unto my spouse, JOHN J. McCORMICK II, absolutely, with the understanding that upon his demise the residue of my estate will revert to heirs as defined in Item 6, b., above. 8. I nominate, constitute and appoint my spouse, JOHN J. McCORMICK II, as Executor of my estate. In the event he shall be unable or unwilling to serve in such capacity, then I appoint my niece, STELLA A. WAGNER, to act in such capacity. 9. I direct that neither my personal rel?resent~tive nor my Trustee shall be required to file a bond to secure the faithful performance of their duties in any jurisdiction. , 10. ' I authorize and empower my personal representative and Trustee, in their sole and absolute discretion, to purchase or otherwise acquire and retain any investments of which I die seized or any real or personal property of any nature; to sell, lease, pledge, mortgage, transfer, exchange, dispose of or grant options in regard to any or all property of any kind forming a part of1l1Y estate for such terms and such prices as they may deem advisable; to borrow money for ~ C.A.M. Page 3 of 6 Pages any pwposes connected with the protection and preservation of my estate; to mortgage or pledge any real or personal property forming a part of my estate or to join in or secure the partition of same; to compromise any claims or demands of my estate against others or of others against my estate; to make distribution in kind and to cause any share to be composed of cash, property or undivided fractional shares in property different in kind from any other share; to employ agents, attorneys and proxies and to delegate to them such power as my personal representative and Trustee consider desirable and to pay reasonable compensation for such services as may be rendered by such agents, attorneys and proxies; and to execute and deliver such instruments as may be necessary to carry out any of these powers. In addition, I direct that my personal representative shall have the power to conduct an inventory of any safe deposit bOlt necessary to the administration of my estate. A majority of all income beneficiaries ofthe trust or trusts created under this Will may from time to time remove any corporate trustee then acting for reasonable cause and substitute another corporate trustee; provided, however, that such successor corporate trustee shall not be a related or subordinate to anyone or more of the beneficiaries hereunder within the meaning of Internal Revenue Code 9672( c) or successor provisions. When the removed corporate trustee has received written notice of its removal and has been notified in writing by its successor corporate trustee of the latter's acceptance, the removed corporate trustee shall surrender all books, records, and assets in its possession comprising any portion of the trust or relating to the trust. In no event shall the removed corporate trustee charge a "termination fee" based on a . . percentage of trust assets as a result of such removal but shall be entitled only to charge such fee as fairly represents the cost of any accounting .required by the beneficiaries or successor corporate trustee as part of such removal aiId substitution. The removed corporate trustee shall not be relieved of liability until its successor has qualified and the removed trustee's accounting, if applicable, has been settled or the beneficiaries and successor corporate trustee have otherwise accepted an account stated in lieu of a formal accounting. As used in this paragraph, the tenn "reasonable cause" includes, but is not limited to: (I) poor investment performance, (2) the ~ C.A.M. Page 4 of 6 Pages removal of all current income beneficiaries from the state in which the corporate trustee is licensed to conduct business as a corporate trustee, (3) inattention to the reasonable needs of the beneficiaries, (4) lack of communication between trustee and beneficiaries, (5) inaccurate or unclear transaction statements or statements of account, (6) conflicts between the corporate trustee and the beneficiaries, (7) merger, acquisition or deteriorating financial condition of the corporate trustee, or (8) high tumover of account officers assigned to any trust under this Will. IN WITNESS WHEREOF I have hereunto set my hand and seal this 9th day of April, 1999. a . . .- "t.I.tk" ~ <.~(SEAL) Christina A. McCormick SIGNED, SEALED, PUBLISHED AND DECLARED by the above-named Testatrix, as and for her Last Will and Testament, in the presence of us, who at her request, have hereunto subscribed our names as witnesses thereto, in the presence of the said Testatrix and of each other. ~f1tnf/QJ ,;j 'D!f-/ ~ u:\.(~.~ LI.. G~L'T ~ L / Page 5 of 6 Pages COMMONWEALTH OF PENN8YLV ANIA ) : 88. COUNTY OF CUMBERLAND ) I, Christina A. McCormick, Testatrix, whose name is signed to the attached or foregoing instrument, having been duly qualified according to law, do hereby acknowledge that I signed and executed the 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. ~ e7n<~ Christina A. McConnick Sworn or affirmed to and acknowledged before me by Christina A. McCormick, the Testatrix, this 9th day of April, 1999. Notarial Seal ColTine L. Myer., Notary Public Carlisle Bora. Cumberland County My Commission expire. May 27, 1999 11Vl/l~L0 ~ Notary Public COMMONWEALTH OF PENN8YLV ANIA ) : 88. COUNTY OF CUMBERLAND ) We, 'bCt7I_1C "-.^~- and 'lh.~u;... Y ~~ the witnesses whose names are' ed to the attached or foregoing instrument, being duly qualified according to law, do depose and say that we were present and saw Christina A. McConnick, the Testatrix, sign and execute the instrument as her Last Will; that the Testatrix signed willingly and that the Testatrix executed it as her free and voluntary act for the purposes therein expressed; that each of us, in the hearing and sight of the Testatrix, signed the Will as witnesses; and that to the best of our knowledge the Testatrix was at that time 18 or more years of age, of sound mind and under no constraint or undue influence. L '7~""'~' ./7 ( 7c ,; 7 Sworn or affirmed to and subscribed before me this 9th day of April, 1999. ~~ ~avaJ Notary Public Notarial Seal Corrine L. Myers, Notary Public Carlisle Bora. Cumberland County My Commission Expires May 27, 1999