Loading...
HomeMy WebLinkAbout01-0498 ~/~-;23:L - ..::>> COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE s'l- (/, /' 06-25-2001 LURING 12-25-2000 21 01-0498 CUMBERLAND 101 BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX DIVISION DEPT. 280601 HARRISBURG, PA 17128-0601 NOTICE OF INHERITANCE TAX APPRAISEHENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSHENT OF TAX HEATHER D ROYER ESQ SMIGEL ETAL 2917 N FRONT 5T HBG PA 17110 DATE ESTATE OF DATE OF DEATH FILE NUMBER COUNTY ACN REV-1547 EX AFP <12-00) PAUL H Amount Remitted MAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 CUT ALONG THIS LINE ~ RETAIN LOWER PORTION FOR YOUR RECORDS ~ RE-Y-=is4j-i3f-AFP--fl'2":oo-r-Norici-oF-iNHEifITANcE-TAX-APPRAISEMEN:r;-Ail-oWAN-CE-oi----------------- DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX ESTATE OF LURING PAUL H FILE NO. 21 01-0498 ACN 101 DATE 06-25-2001 TAX RETURN WAS: (X) ACCEPTED AS FILED CHANGED RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. Real Estate (Schedule A) 2. Stocks and Bonds (Schedule B) 3. Closely Held Stock/Partnership Interest (Schedule C) 4. Mortgages/Notes Receivable (Schedule D) 5. Cash/Bank Deposits/Misc. Personal Property (Schedule E) 6. Jointly Owned Property (Schedule F) 7. Transfers (Schedule G) 8. Total Assets (1) (2) (3) (4) (5) (6) (7) .00 5,977.96 .00 .00 4,190.00 .00 .00 (8) APPROVED DEDUCTIONS AND EXEMPTIONS: 9. Funeral Expenses/Adm. Costs/Misc. Expenses (Schedule H) 10. Debts/Mortgage Liabilities/Liens (Schedule I) 11. Total Deductions 12. Net Value of Tax Return 13. Charitable/Governmental Bequests; Non-elected 9113 Trusts (Schedule J) 14. Net Value of Estate Subject to Tax (9) nO) 8,802.50 .00 (1ll (12) (13) (14) NOTE: I~ an assessment was issued previOUSly, lines re~lect ~igures that include the total o~ ALL ASSESSMENT OF TAX: 15. Amount of Line 14 at Spousal rate (15) 16. Amount of Line 14 taxable at Lineal/Class A rate (16) 17. Amount of Line 14 at Sibling rate (17) 18. Amount of Line 14 taxable at Collateral/Class B rate (18) 19. Principal Tax Due TAX CREDITS: NOTE: To insure proper credit to your account, submit the upper portion of this form with your tax payment. 10,167.96 8.802 50 1,365.46 .00 1,365.46 14, 15 and/or 16, 17, 18 and 19 will returns assessed to date. 1,365.46 X 00 = .00 X 045 = .00 X 12 = .00 X 15 = (19)= .00 .00 .00 .00 .00 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 DATE INDICATED, SEE REVERSE FOR CALCULATION OF ADDITIONAL INTEREST. ( IF TOTAL DUE IS LESS THAN $1, NO PAYMENT IS REQUIRED. IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR), YOU MAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.) ~, ;,-..,: ~~. CO~IMONWEALTH OF e-~"~ ~ PENNSYLVANIA ~A~''''''' DEPARTMENT OF REVENUE '." . " . DEPT. 280601 ~...' '$.,' HARRISBURG. PA 17128-()601 '" "' x~cn u"'" w"-u ",00 u".... "-,,, "- .. f- Z UJ Cl UJ U UJ Cl DECEDE:-.irS NA.\1E (LAST. FiRST A:-,;O MrOOlE INITIAL) Lurin Paul H. DATE OF OEATH (MM-DO.YEAR) ID LE.T1'ERS REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT DATE OF 81RTH [MM.DD.YEAR) 12 25 0 (IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST. FIRST. AND MIDDLE INITIAL! Luring, Geraldine E. D 2. Supplemental Return o 4a. Future Jnlerest Compromise (date o/death after 12-12-82) o 7. Decedent Maintained a Living Trust (AltaclI copy orTrust) o 10. Spousal Poverty Credit (dale of death between 12.31.91 and 1-1.95) /~ - c1 3d. - O? ~ 1. Original Return o 4. limited Estate ~ 6. Decedent Died Testate (Attac.~copyofWill) o 9. Litigation Proceeds Received FILE NUMBER ~~-o---.1 CGUNffCOOE YEAR __~qf?' NI..'\l~ER I SOCIAL SECURITY NU,IIBER 172 - 01 6879 THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS SOCIAL SECURITY NUMBER o 3. Remainder Retum (dale ofcealll pnQfIO 12.13-82) o 5. Federal Estate Tax Return Required ~ 8. Total Number of Safe Deposit Boxes o 11. Election to tax under Sec. 9113{A) (AIlIc.~ScllO) THIS SECTION MUST BE COMPLETED, ALL CORRESPONDENCE AND CONFIDENTIAL TAX iNFORMATiON SHOULD BE DIRECTED TO: ><AM" COMPLETE MAILING ADDREOSS "' z '" o z o "- '" '" " " o u HEATHER D. ROYE~. ESQUI FIR~ NAME ilf Applicable) TELEPHONE NUMBER (717 234-2401 2917 North Front street Harrisburg, PA 1 711 0 (1) (2) (3) (4) (5) 5,977 .96 4,190.00 3. Closely Held Corporation. Partnership or Sole-Proprietorship 4. Mortgages & Notes Receivable {Schedule OJ 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) 6. Jointly Owned Property (Schedule F) o Separate SilUng Requested 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (Schedule G or L) 8. Total Gto.. As.ets (/otal Une.1-?) 9. Funeral Expenses & Administrative Costs (Schedule H) 10. Debts of Decedent, Mortgage liabilities, & liens (Schedule I) 11. Total Deductions (total lines 9 & 10) 12. Net Value of E$tate (Line 8 minus Line 11) 1, Real Estale (Schedule A) 2. Slacks and Bonds (Schedule 8) z o ~ ::l f- 0: < u UJ 0:: (6) (7) (9) (10) 8,802.50 13. Charitable and Governmental Bequests/See 9113 Trusts for which an election to tax has not been made (Schedule J) 14. Net Vallie Subject ~o Tax (line 12 minus Line 13' SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATEOS Z 15. Amount of line 14laxable al the spousal tax 0 1,365.46 ~ rate, or transfers under Sec. 9116 (aJ(l.2j x.O_ (15) I-' 16. Amount o{Une 14 taxable at lineal rate x.O_ (16) ::l 0. 17. Amoont of line 14 taxable at sJbJmg rate x .12 (17) :E 0 18. Amount of Line 14 taxable at collateral rate x.1S (16) U ~ 19. Tax Due (19) 20.0 (B) 10,167.96 (11) (12) (13) 8,802.50 1.365.46 (14) 1,365.46 o o > > BE SURE TO ANSWER ALL QUESTIONS ON REVERSE SIDE AND RECHECK MATH < < Decedent's Complete Address: STREET ADDRESS 824 LisbUTIl Road A t. 409 CITY STATE PA Tax Payments and Credits: 1. Tax Due (Page 1 Une 19) (1) 2. Credils/Payments A. Spousal Poverty Credil B. Prior Payments C. Discount " ZIP 17011 Tolal Credits (A + 8 + C) (2) 3. InleresUPenatly if applicable D.lnterest E. Penally TotallnteresUPenal1y ( D + E ) (3) 4. If Une 2 is greater than Une 1 + Une 3, enler the difference. This is the OVERPAYMENT. Check box on Page 1 line 20 to request a refund (4) 5. if Une 1 + Une 3 is greater than Une 2, enter the difference. This is the TAX DUf!. (5) A. Enler the inleresl on the lax due. (SA) 8. Enter the total of Une 5 + SA. This is the BALANCE DUE. (58) Make Check Payable to: REGISTER OF WILLS, AGENT ~. PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN ")(" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Ves a. retain the use or income of the property trensferred;.......................................................................................... 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 dealh occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration? .............................................................................................................. 0 3. Old decedent own an 'in trust for" or payable upon death bank account or secutify al his or her death? .............. 0 4. Did decedent own an Individual Retirement Account, annuity. or other non-probate property which contains a beneficiary designation? ........................................................................................................................ 0 No ~ ~ lD ~ lD lD lD 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 Pflnalties of perjury, I declare that I have examined !his retum,lnclu(lng ac:companyilg schedules and statements, and to the best of my knO'Medge and bellef, it Is true, COl'l'8Ct and complete. Oedaralion of preparercMher /han the peIWllal repfV$ff'lfatlvt Is based on aI ~famation d~ Pf9par81 has any knowledge. SIGNATURE OF PERSON ESPONSIBlE FOR FILING RETU ADDRESS 824 Lisburn Road, Apt. 411, Camp Hill, PA 17011 SIGNATURE OF. P.REPARER OTH REPRESENT AT ( ~ ADDRESS / Smiqel, Anderson & Sacks. 2917 North Front St.. Harrisburcr. PA 17110 &!:2Z,~\f~~~~ -- -.. - ~ For dales of death on or after July 1. 1994 and before January 1, 1995. the lax rale 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) (Q]. For dales of death on or after January " 1995. the lax rale imposed on the net value of transfers to or for the use of the surviving spousa is 0% [72 P.S. ~9116 (a) (1.1) (ii)]. The statute does nol exempt a transfer 10 a surviving spouse from lax, and the statutory requirements for disdosure of assets and filing a lax return are still applicable even ff the surviving spouse is the only beneficiary. For dales of death on or after July 1, 2000: The tax rale imposed on the net value of transfers from a deceased child twenty-one years of "ge or younger at dealh 10 or for the use of a natural parent. an adoptive parent. or a stepparent of the child is 0% [72 P.S. 99116(a)(1.2)]. The tax rate imposed on the nel value of transfers 10 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. 99116(a)(I)I. The tax rale imposed on the net value of transfers to or for the use of the decedenl's siblings is 12% [72 P.S. ~9116(a)(1.3)J. A sibling is defined. under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. DATE / 'f /. S//y/V C>>~,~ ~J;] CO"~"'O"":i~ TH OF ?ENN$YL'I.':",'.:;" I"':-':~IT,';"'CE TAX RETUR.'.J R:::SID::::-.T DECEDENT SCHEDULE B STOCKS & BONDS ESTATE OF Paul H. Lurinq FILE NUMBER All property jointly-owned with right of survivorship must be disclosed on Schedule F. ITEM NUMBER DESCRIPTION VALUE AT DATE OF DEATH 1. Federated Equity Income Fund B Account #629/7002124218 (see letter attached hereto) 2,320.51 2. Federated Strategic Income Fund B Account #652/7002124218 (see letter attached hereto) 3,657.45 TOTAL (AJso enter on line 2. Recapitulation) $ 5,977.96 (If more space is needed, insert additional sheets of the same size) ,,,:,,w"""'>Dm. COMMON'NEAL TH OF PENNSYlVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY ESTATE OF Paul H. Luring FILE NUMBER 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 Prepaid casket, cemetery lot, vault, grave opening and closing, and bronze memorial 3,540.00 2. 1987 Oldsmobile cutlass 650.00 TOTAL (Also enter on line 5. Recapitulation) $ 4,190.00 (If more space IS needed, insert additional sheets of the same size) ".0'.';"'::.'. C: ~ ..;, ~~::!~ 7.~~~ COMf,:ONWEALTH OF PENNSYlV,l,NI,l, INhERIT,l,NCE TAX RETURN RESIDENT DECEDENT SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS ESTATE OF Paul H. Luring FILE NUMBER Debts of decedent must be reported on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1. Fackler-Weideman Funeral Horne 3,302.50 B. ADMINISTRATIVE COSTS: 1. Personal Representative s Commissions Name of Personal Representative (s) Social Security Number(s) I EIN Number of Personal Representative(s) Street Address City State Zip Year(s) Commission Paid: 2. AttomeyFees Smigel, Anderson & Sacks, LLP 2,000.00 3. Family Exemption: (If decedent s address is not the same as claimants, attach explanation) Claimant Geraldine F.. Lurina 3,500.00 SlreelAddress 824 Lisburn Road. Ant. 411 City rl'lIl1p Hill Stale PA Zip 17011 Relationship of Claimant to Decedent w;f~ 4. Probate Fees 5. Accountants Fees 6. Tax Return Preparers Fees 7. TOTAL (Also enter on line 9, Recapitulation) $ 8,802.50 (If mare space is needed, insert additional sheets of the same size) . Fs, (";~'~ ~~~ COI.!MQN','61..L TH OF PENNSYLVArHA Ir;i-'ERITANCE TAX R:::,[JRN ':ESIOENT D:::CEDENT SCHEDULE J BENEFICIARIES ESTATE OF Paul H. Lurlnq FILE NUMBER I. NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY TAXABLE DISTRIBUTIONS (include outright spousal distributions) RELATIONSHIP TO DECEDENT Do Not List Trustee{s) A~tOUNT OR SHA.'i= OF ESTATE NUMBER 1. Geraldine E. Luring 824 Lisburn Road, Apt. 411 Camp Hill, PA 17011 wife 100% ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 17, AS APPROPRIATE, ON REV 1500 COVER SHEET II. NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE 1. B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS 1. TOTAL OF PART II. ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV 1500 COVER SHEET $ (If more space is needed, insert additional sheets of the same size) LAST WILL AND TESTAMENT OF PAUL H. LURING I, PAUL H. LURING, presently of 2010 Kohn Road, Harrisburg, Dauphin County, Pennsylvania, declare this to be my Last Will and Testament hereby revoking all wills and codicils previously made by me. I declare that I am married to Geraldine Luring and that all references in this Will to my Wife are references to her. I have two (2) children now living, whose names and dates of birth are as follows: JAMES P. LURING JOHN E. LURING Born Born December 7, 1937 July 27, 1943 ARTICLE I I direct the payment of my debts including the expenses of my last illness and funeral from my estate as soon after my death as conveniently may be done. ARTICLE II I give the rest, residue and remainder of my estate to my Wife provided she survives me by thirty (30) days. Should my Wife fail to survive me by thirty (30) days, then I give the rest, residue and remainder of my property to my childr~n, share and share alike, per stirpes. ~ ~~~... ':,,;:..' 14. To enforce any deed of trust, mortgage or pledge held by my estate and to purchase at any sale thereunder any property subject to any such hypothecation; 15. To conduct alone or with others any business in which I am engaged or in which I have an interest at my death, with all the powers of any owner with respect thereto, including the power to delegate discretionary dut~es to others, to invest other property held hereunder in such business and to organize a partnership or corporation to carryon such business; ARTICLE V No i~terest of any beneficiary under this Will or any codicil .:e: hereto shall ~e subject to anticipation or voluntary or involuntary alienation. ARTICLE VI A. I appoint my wife GERALDINE LURING as the Executrix of this Will. In the event of her death, resignation, renunciation or inability to aqt ~n that capacity, then I appoint C. LEE ANDERSON, ESQUIRE of 2917~North Front Street, Harrisburg, Pennsylvania, as the executor of th;s Will in her place and stead. B. fio bond or other security shall be required of any Executrix appointed in this Will. . C. The Executrix shall receive reasonable compensation for her services performed as determined by the Court in which this Will is admitted to probate. - 4 - ~ ~t:..' ARTICLE IX If any provision of this Will or of any codicil thereto is held to be inoperative, invalid or illegal, it is my intention that all of the remaining provisions thereof shall continue to be fully operative and effective so far as it is possible and reasonable. ARTICLE X All estate, inheritance and succession taxes, together with any interest and penalties thereon, payable as a result of my death and imposed with respect to any property, whether or not disposed of by this Will, shall be paid out of the residue of my estate. IN WITNESS WHEREOF, I have hereunto set my hand and seal and caused this my Last Will and Testament, consisting of 11 typewritten pages, including this attestation clause, published this ~ day of to be executed, declared and r:lcr/7 17. -q.. r/,.'l ,/1. T ,~~:~: , 1989, at H /f.,.; /1' )F:.::.jennsYlvania. ~t Aid ;efr PAUL H. L~RING 7-::6 - 7 - - - Senior Financial Services * * * ** 308 S. Progress Avenue Harrisburg, PA 17109 Local (717) 541-1500 National (800) 364-0360 Fax (717) 541-1567 · Investments / Securities · Estate Planning / Living 'frust" . Insurance · Investment Advisory Services 2-01-2001 C. Lee Anderson Smigel, Anderson &. Sacks, LLP 2917 North Front SI. Harrisburg, PA 17110 Re; Paul H Luring Dear Lee: As you requested, I am forwarding the date of death values for Paul's Federated accounts. The Federated Equity Income Fund was valued at $2,320.51 and the Federated Strategic Income Fund had a value of$ 3,657.45. Both values as of 12-25-2000. While 1 was obtaining the date of death values, I inquired into the status of the accounts being transferred to Geraldine. It.appears that the transfer was completed yesterday 1-31-200 I. Geraldine should be receiving confinnation in the near future. If you need any additional information from me, please advise. Sincerely Yours; ~w ?,,: i'~ Richard W Lopretto 717-361-1884 cc: file Securities and Invesunent Advisory Services Offered Through National Planning Corporation (NPC), Member NASD/SIPC. Senior Financial Services and NPC are separate and unrelated companies. Kelley Blue Book Used Car Values Page 1 of2 _ x.Dq Blue ISHk . kbb.com -guiding the car buyer Used Car Values New Car Pricing Motorcydn Buy a New Car Buy a Used Car Sell Your Car Financing Insura.... Ll!mon 0Ieck Warranties Car Reviews Car Previews Decision Guide About kbb Home .Custorn Budd TlusVehide .~ . FIIllt ThIS El<actVelllcle at . Get Dealer's Best Pnce a Dealer Near You . FlIlance Your Vehlde ~ Click on the Image above to visit this advertiser Blue Book Trade-In Report Pennsylvania' February 16. 2001 1987 Oldsmobile Cutlass Supreme Sedan 40 Engine: V6 3.8 Liter Trans: Automatic Drive: Rear Wheel Drive Mileage: 80,000 Wavs to Buy a Used Car Find a New GM Vehicle Wavs To Buy a New Car List Your Car For Sale Online Financing Quote Insurance Ouote Warranty Ouote Parts & Accessories Pavment Calculator Equipment Air Conditioning Power Steering AM/FM Stereo Consumer Rated Condition: Fair "Fair" condition means that the vehicle probably has some mechanical or cosmetic defects, but Is stili In safe running condition. The paint, body and/or Interior need work to be performed by a professional In order to be sold. The tires need to be replaced. There may be some repairable rust damage. The value of cars In tnis category may vary widely. A clean title history Is assumed. Even after significant reconditioning this vehicle may not qualify for the Blue Book Suggested Retail value. Trade-In Value $650 Trade-in value represents what you might expect to receive from a dealer for this consumer owned vehicle. Keep In mind that the dealer must then absorb the cost of making the vehicle ready for sale, advertising, sales commissions, arranging financing and Insurance and standing behind the vehicle for any mechanical or safety problems. Now get a new car Drice report Of the car you are thinking about pur<:haslng next. ....._.....~..... "=' .......... .... ".11.0' ",... "__t. '". .... ...._..... ....___..'" ,__ .-... .......... ....."...,__ Tl... ,-~--_.._... http://www.kbb.com/kb/ki.d11/kw.kc. ur?kbb;515384&;t&278& 15 ;OL;F 1 2/16/01