HomeMy WebLinkAbout01-1136
PETITION FOR PROBATE and GRANT OF LETTERS
Estate of John Phillip Minnich No. 21-01-1136
also known as To:
Register of Wills for the
, Deceased. County of Cumberland in the
Social Security No. 177 -16-1945 Commonwealth of Pennsylvania
The petition of the undersigned respectfully represents that:
Your petitioner(s), who is/are 18 years of age or older an the execut rix named
in the last will of the above decedent, dated June 10, 1997
and codicil( s) dated
(state relevant circumstances, e.g. renunciation, death of executor, etc.)
Decedent was domiciled at death in Cumberland County, Pennsylvania, with
h is last family or principal residence at 4806 East Trindle Road. Mechanicsbura, PA 17050
(list street, number and municipality)
Decedent, then 82 years of age, died 10/22/2001
at Holy Spirit Hospital. East Pennsboro. Cumberland County, 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 ajudicated
incompetent:
Decedent at death owned propert"j 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:
$ \ 000
$
$
$
WHEREFORE, petitioner(s) respectfully request(s) the probate of the last will and codicil(s)
presented herewith and the grant ofletters Testamentarv
thereon. fl (testamentary; administration c.I.a.; administration d.b.n.c.t.a.)
.;/ 4806 East Trindle Road
i .-<1 I 7)., .' 'JJ
I. .2-(}/~~ ,v~~ Mechanicsbura.
Beatrice Minnich
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PA 17050
OATH OF PERSONAL REPRESENTATIVE
COMMONWEALTH OF PENNSYLVANIA} ss
COUNTY OF .~umberland
Sworn to or affIrmed and subscribed {
before me this ---.l 7t'n day of
Dee ber 2001
Regi~
The petitioner(s) above-named $wear(s) or affmn(s) that the statements in the foregoing petition are
true and correct to the best of fue knowledge and belief of petitioner( s) and that as personal represen-
tative(s) of the above decedent petitioner(s) will well and truly administer the estate according to law.
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N 21-01-1136
o.
Estate of John Phillio Minnich , Deceased
DECREE OF PROBATE AND GRANT OF LETTERS
AND NOW DECEMBER 17 2001 , in consideration of the petition on
the reverse side hereof, satisfactory proof having been presented before me,
IT IS DECREED that the instrument(s) dated 6/10/1997
described therein be admitted to probate and filed of record as the last will of John Phillio Minnich
and Letters T estamentarv
are hereby granted to
Beatrice Minnich
18.00
6.00
18.00
5.00
47.00
,>:?,yt7~N<'l-M~) 4",,/
P glster OfWl S
~~~~
Susan E. Lederer
44861
FEES
Probate, Letters, Etc. .
Short Certificates (
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Kemmt"latlOn .
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. . . $
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TOTAL _ $
. De.cembe.r. 17.,. 2001.
ATTORNEY (Sup. Ct. 1.0. No.)
4811 Jonestown Road, Suite 226
Harrisbura. PA 17109
ADDRESS
717 -652-7323
Filed. . .
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Last Will
of
JOHN PHILLIP MINNICH
21-01-1136
I, JOHN PHILLIP MINNICH, a resident of Cumberland County, Pennsylvania, declare that this is my
will. I hereby revoke all my previous wills and codicils.
Article One
Introductory Provisions
Section 1. Marital Status
I am currently married to BEATRICE MINNICH, and all references to my spouse in this will are
to her.
Section 2. Children
a. The name(s) and birth date(s) of my children:
Name Birth date
LOIS ANN NORRIS
December 3, 1940
All references to my children in this instrument are to these children and any
children subsequently born to or adopted by me.
Article Two
Appointment of My Personal Representatives
Section 1.
Nomination of My Personal Representatives
I appoint the following to be my Personal Representative:
SEA TRICE MINNICH
If, for any reason, the Personal Representative(s) named above are unable or unwilling to serve,
the following successor Personal Representative(s) shall serve until the successor Personal
Representative(s) on the list have been exhausted. Unless otherwise specified, if Co-Personal
Representatives are serving, the next following named successor Personal Representative shall
serve only after all of the Co-Personal Representatives cease to act as Personal Representatives.
(1) LOIS ANN NORRIS
(2) ROGER SPATZ
Section 2.
Waiver of Bond
No bond or undertaking shall be required of any Personal Representative nominated in my will.
Section 3.
General Powers
My Personal Representative shall have full authority to administer my estate under the laws of
the Commonwealth of Pennsylvania relating to the powers of fiduciaries. My Personal
Representative shall have the power to administer my estate under the Pennsylvania Probate,
Estates and Fiduciaries Code.
2
Article Three
Disposition of My Property
Section 1.
Distribution to My Revocable Living Trust
I give all of my property of whatever nature and kind and wherever located to my revocable
living trust of which I am a Trustor known as:
JOHN PHILLIP MINNICH and SEA TRICE MINNICH, Trustees, or their successors in
trust, under the JOHN PHILLIP MINNICH AND SEA TRICE MINNICH LIVING TRUST
dated JUN 1 0 1997 and any amendments thereto
Section 2.
Alternate Disposition
I f my revocable living trust is not in effect for any reason, I give all of my property to my
Personal Representative under this will as Trustee who shall hold, administer and distribute my
property as a testamentary trust the provisions of which are identical to those of my revocable
living trust on the date of execution of my will.
Article Four
Death Taxes
Section 1.
Definition of Death Taxes
The term "death taxes," as used in my will, shall mean all inheritance, estate, succession, and
other similar taxes that are payable by any person on account of that person's interest in the estate
of the decedent or by reason of the decedent's death, including penalties and interest, but
excluding the following:
a. Any addition to the federal estate tax for any "excess retirement
accumulation" under Internal Revenue Code Section 4980A.
3
b.
Any additional tax that may be assessed under Internal Revenue Code
Section 2032A.
c.
Any federal or state tax imposed on a generation-skipping transfer, as
that term is defined in the federal tax laws, unless the applicable tax
statutes provide that the generation-skipping transfer tax is payable
directly out of the assets of my gross estate.
Section 2.
Payment of Death Taxes
Pursuant to the terms of my revocable living trust, all death taxes whether or not attributable to
property inventoried in my probate estate shall be paid by the Trustee from that trust. However,
if that trust does not exist at the time of my death or if the assets of that trust are insufficient to
pay the death taxes in full, I direct my personal representative to pay any death taxes that cannot
be paid by the trustee from the assets of my probate estate by prorating and apportioning those
taxes among the beneficiaries of this will.
Notwithstanding any other provision in my trust, all death taxes incurred by reason of assets
transferred outside of my trust or probate estate shall be assessed against those persons receiving
such property.
Article Five
General Provisions
Section 1.
No Contest Clause
I f any person or entity other than me singularly or in conjunction with any other person or entity
directly or indirectly contests in any court the validity of this will including any codicils thereto,
then the right of that person or entity to take any interest in my estate shall cease and that person
or entity shall be deemed to have predeceased me.
Section 2.
Captions
The captions of Articles, Sections and Paragraphs used in this will are for convenience of
reference only and shall have no significance in the construction or interpretation of this will.
4
Section 3.
Severability
Should any of the provisions of my will be for any reason declared invalid, such invalidity shall
not affect any of the other provisions of this will and all invalid provisions shall be wholly
disregarded in interpreting this will.
Section 4.
Governing Law
This will shall be construed, regulated and governed by and in accordance with the laws of the
Commonwealth of Pennsylvania.
I signed this, my last will, on JUN 1 0 1997 .
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JOHN PHILLIP MINN ~H .
5
The foregoing Will was, on the day and year written above, published and declared by JOHN
PHILLIP MIN1'.JICH in our presence to be his Will. We, in his presence and at his request, and
in the presence of each other, have attested the same and have signed our names as attesting
witnesses.
We declare that at the time of our attestation of this Will, JOHN PHILLIP MINNICH was,
according to our best knowledge and belief, of sound mind and memory and under no undue
duress or constraint.
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Address:
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WITNESS
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COMMONWEALTH OF PENNSYLVANIA
: SS:
COUNTY OF DAUPHIN
We, JOHN PHILLIP MINNICH, W7S/16 , and A\lCJ\ I.U. ~uV"\y e \ , the
Testator and the witnesses, respecti ely, whose names are signed to the foregoing Will, having
been sworn, declared to the undersigned officer that the Testator, in the presence of witnesses,
signed the instrument as his last Will, that he signed, and that each of the witnesses, in the
presence of the Testator and in the presence of each other, signed the Will as a witness.
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WITNESS
S~bscribed and sworn before me by JOHN PHILLIP MINNICH, the Testalor, and by
~(/1 )h(r~ 4If~)(. and.AJ,. ~ sc\ lU. Ii' l\ h ~_Q \ , the witnesses on
eM>-<- 10 , 1 997.
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Notary Public
My commission expires:
Notarial Seal
Unda L. FEtttertlOff, Notary Public
Derry TYlp., DauphIn County
My Commissiion Expires Nov. 8, 199~
Member. PennsI/lvan1a "llllociatlon of NotafleS
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Susan E. Ll1dlH'PI'
tAW on'ICES
January 16, 2002
Register of Wills
Cumberland County Courthouse
One Com"thouse Square
Carlisle, P A 17013
Dear Register of Wills:
Enclosed please find one (I) original and one (I) photocopy of the
Certification of Notice Under Rule 5.6a for the Estate of John Phillip Minnich,
File No. 2001-01136. Upon filing the original, please time/date stamp the
photocopy and return it to my office using the envelope provided.
Thank you for your assistance. If you need further information in this
matteL, please contact me.
Very truly yours,
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Susan E. Lederer
Enclosures
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4811 Jonestown Road . Suite 226 . Harrisburg, PA 17109 . Phone 717.652.7323 . Fax 717.652.7340 . info@ledererlaw.com
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CERTIFICATION OF NOTICE UNDER RULE 5.6(a)
Name of Decedent: John Phillio Minnich
Date of Death: 10/22/2001
Will No. 2001-01136
Admin. No. 21-01-1136
To the Register:
I certify that notice of
served on or mailed to the following beneficiaries of the above-captioned estate on
(beneficial interest) estate administration required by Rule 5.6(a) of the Orphan's Court Rules was
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Name
Address
Beatrice Minnich
4806 E. Trindle Road
Mechanicsbura.
PA 17055
Notice has now been given to all persons entitled thereto under Rule 5.6(a) except:
Date:
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Signature Susan E. Lederer
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Name: Susan E. Lederer
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Address: 4811 Jonestown Road. Suite 226
Harrisbura. PA 17109
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Capacity:
Personal Representative
X Counsel for Personal
Representative
Register of Wills of Cumberland County, Pennsylvania
INVENTORY
Estate of
Minnich, John Phillip
, Deceased
No. 21-01-1136
Date of Death 10/22/2001
Social Security No. 177 -16-1945
also known as
Beatrice Minnich
The Personal Representative(s) of the above Estate, deceased, verify that the items appearing in the following Inventory
include all of the pE!rsonal assets wherever situate and all of the real estate located in the Commonwealth of Pennsylvania
of said Decedent, that the valuation placed opposite each item of said Inventory represents its fair value as of the date of the
Decedent's death, and that the Decedent owned no real estate outside of the Commonwealth of Pennsylvania except that
which appears in a memorandum at the end of this Inventory. I/We verify that the statements made in this Inventory are true
and correct. I/W e understand that false statements herein are made subject to the penalties of 18 Pa. C. S. Section 4904
relating to unsworn falsification to authorities.
Personal Represent~t,ve. . .
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Signature: r )P~ u
Beatrice Minnich
Attorney:
Susan E. Lederer
I.D. No.:
44861
Signature:
Signature:
Address:
4811 Jonestown Rd.
Suite 226
Harrisburg, P A 17109
Telephone: 717/652-7323
Address: 4806 East Trindle Road
Mechanicsburg" P A 17050
Telephone:
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Dated:
Personal Pro~
Settlement of Beatrice Minnich, Administratrix, of the Estate of John P. Minnich v. Hartman
Concrete, Inc., and R. L. Livingston Excavation and Paving, Inc.
7,252.18
Fee Concession and Interest Earned - Beatrice Minnich, Administratrix, of the Estate of John P.
Minnich v. Hartman Concrete, Inc., and R. L. Livingston Excavation and Paving, Inc.
3.46
r___
Total Personal Property
$7,255.64
(Attach additional sheets if necessary)
Total Personal Property and Real Estate
$7,255.64
"':V-l<..,EX.(&-1>01 '* I REV-1500 ~'f"""""vnn;
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, .. I INHERITANCE TAX RETURN L_~ -
COMMONWEALTH OF PENNSYLVANIA FILE NUMBER
DEPARTMENT OF REVENUE RESIDENT DECEDENT 21 01 1136
DEPT,280601
HARRISaURG.PA 17128.0601 COUNTY CODE YEAR NUMBER
DECEDENT'S NAME (LAST, FIRST. AND MIDDLE INITIAL) SOCIAL SECURITY NUMBER
~ Minnich, John Phillip 177-16-1945
z DATE OF DEATH (MM-DO-YEAR) I DATE OF BIRTH (MM-OO-YEAR) THIS RETURN MUST BE FILED IN DUPLICATE WITH THE
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0 (IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST AND MIDDLE INITIAL) SOCIAL SECURITY NUMBER
Minnich, Beatrice
~ 1. Original Return D 2. Supplemental Return D 3. Remainder Retum (d!lle of death prior to 12-13-82)
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ct Ill' 4 Limited Estate
o 4a Future Interest Compromise (date of death aftar
o 5 Federal Estate Tax Return Required
::'::i'i:::.:: 12.12-82)
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woo ~ 6. Decedent Died Testate (Attach copy ~ 7. Decedent Maintained a Living Trust (Attach 0 8. Total Number of Safe Deposit Boxes
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U~m a/Will) copy of Trusl) -
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< D 9. Litigation Proceeds Received D 10. Spousal Poverty Credit (dale of death between D 11.Election to tax under Sec. 9113(A) (Atlach Sch 0)
12.3H1 and 1'1-95\
TIiISSECTlci>lMUSTfilEiC6Ml"lETEO"~l.LliCOFlFlESI"ONOENCE'ANiicONFIOENfIAl.iT)G(E[NROFlMATION,SlldliLl:i,iBEh:iIRECTEDTO!!,;;'
AME COMPLETE MAILING ADDRESS
Susan E. Lederer
IRM NAME (If applicable) 4811 Jonestown Rd.
Law Offices of Susan E. Lederer Suite 226 .-.....,
ELEPHONE NUMBER Harrisburg, PA 171m ,..--\
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7171652-7323
1. Real Estate (Schedule A) (1) None f; ,,,,,,:;,,,; W,:;ONLY i
, 2. Stocks and Bonds (Schedule B) (2) None --
3. Closely Held Corporation, Partnership or Sole-Proprietorship (3) None
4. Mortgages & Notes Receivable (Schedule D) (4) None
5. Cash, Bank Deposits & Miscellaneous Personal Property (5) -~I
(Schedule E) 7,255.64
6. Jointly Owned Property (Schedule F) (6) None
D Separate Billing Requested
7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (7) 194,790.67
~ (Schedule G or L)
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;: 8. Total Gross Assets (10tal Lines 1-7) (8) 202,046.31
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9. Funeral Expenses & Administrative Costs (Schedule H)
(9)
(10)
10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I)
11. Total Deductions (total Lines 9 & 10)
15,549.00
3,535.64
(11)
12. Net Value of Estate (Line a minus Line 11)
19,084.64
(12)
13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been
made (Schedule J)
14. Net Value Subject to Tax (Line 12 minus Line 13)
182,961.67
(13)
182,961.67
(14)
0.00
SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES
is. Amount of Line 14 taxable at the spousal tax rate, x ,00 (15)
or transfers under Sec. 9116(a)(1.2)
z ,045 (16)
0 16. Amount of Line 14 taxable at lineal rate x
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x 18. Amount of Line 14 taxable at collateral rate
< x ,15 (18)
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19. Tax Due (19)
20. D
:1~'?b:~Ei$!:iRE:;tCtA\~'$\ivEi\ti'~'ll!t;PA'U~$'-.&N$jON~j:t$*gFt$~:sib~i,~~tl):aEC'HEC?K;:MAffl;:<';:::,' ".,
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Copyright 2000 form software only The Lackner Group, Inc.
Form REV-1500 EX (Rev. 6-00)
Decedent's Complete Address:
STREET ADDRESS
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4806 East Trind1e Road
CITY
Mechanicsburg
I STAlE PA
I ZIP 17050
I
Tax Payments and Credits:
1. Tax Due (Page 1 Line 19)
2. Credits/Payments
A. Spousal Poverty Credit
B. Prior Payments
C. Discount
(1)
Total Credils (A + 8 + C)
(2)
0.00
3. InteresVPenalty if applicable
D. Interest
E. Penalty
B. Enter the total of Line 5 + SA. This is the BALANCE DUE.
(3) 0.00
(4)
(5) 0.00
(SA)
(58) 0.00
TotallnteresVPenalty (D + 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.
Make Check
to: REGISTER OF
PLEASE ANSWER TH E
BY PLACING AN "X" IN THE APPROPRIATE BLOCKS
1. Did decedent make a transfer and:
a. retain the use or income of the property transferred;....................... .................................
b. retain the right to designate who shall use the property transferred or its income;....................................
c. retain a reversionary interest; or...................................................................... ...............................
d. receive the promise for life of either payments, benefits or care? ........... .............................................
2. If death occurred after December 12,1982, did decedent transfer property within one year of death without
receiving adequate consideration?.... ..... .... ... ... .... .................. .. .........................................................................
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 nonMprobate property which
contains a beneficiary designation?................................................
Yes No
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D ~
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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, I declare thaI I heve examined this return, including accompanying schedules and statements, and to the best 0/ my knowledge and belief, it is true, correct
and complete. Declaration of
preparerolherthan the personai representative IS based on all Information of which preparer has any knowledge.
SIGNATURE OF PERSON RESPONSIBLE FOR FlUNG RETURN ADDRESS
Beatrice Minnich
?'.~
DATE
SIG
4806 EaSI Trindle Road
Mechanicsburg" P A 17050
ADDRESS
SIGNATURE OF PRE PARER OTHER THAN REPRESENTATIVE
Susan E. Lederer
ADDRESS
"
Rd.
PA 17109
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
sUNiving spouse is 3% [72 P.S. 99116 (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) (ij)). The statute does not exemot a transfer to a sUlViving 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 twentyMone 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 .8. 99116 (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 .8. 99116
1.2) [72 P.S. 99116 (a) (1)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 .8. 99116 (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.
.
*'
SCHEDULE E
CASH, BANK DEPOSITS, & MISC.
PERSONAL PROPERTY
COMMONWEALTH OF PENNSYlVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
Minnich, John Phillip
I FILE NUMBER
21-01-1136
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
7,252.18
Settlement of Beatrice Minnich, Administratrix, of the Estate of John P. Minnich v. Hartman Concrete,
Inc., and R. L. Livingston Excavation and Paving, Inc.
2
Fee Concession and Interest Earned - Beatrice Minnich, Administratrix, of the Estate of John P. Minnich
v. Hartman Concrete, Inc., and R. L. Livingston Excavation and Paving, Inc.
3.46
TOTAL (Also enter on Line 5, Recapitulation)
7,255.64
.
*'
SCHEDULE G
INTER-VIVOS TRANSFERS &
MISC. NON-PROBATE PROPERTY
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
Minnich, John Phillip
FILE NUMBER
21 - 01 - 1136
This schedule must be comoleted and filed if the answer to any of auestions 1 throuah 4 on page 2 is Yes.
ITEM DESCRIPTION OF PROPERTY DATE OF DEATH %OF
NUMBER Includa Ihe name of Ihe transferee, Ihelr relationship to oer:eden t and the date of transler. VALUE OF ASSET DECD'S EXCLUSION TAXABLE VALUE
Attach a copy of Ihe deed for reaJ eslale. INTEREST (IF APPLICABLE)
1 60000 shares Allegheny Cnty P A Hasp Dev Aut Health CA, 61,927.33 50% 30,963.67
Dtd 12/01/1995 Mat 12-01-2025 5.375%, held in PNC
Brokerage Account Number 6191-4334, titled to John
Phillip Minnich and Beatrice Minnich Living Trust
($101.l1/sh) (accrued interest: $1,263.13)
2 AlIfirst Bank, 9 Mas Certificate of Deposit, Account 49,927.19 50% 24,963.60
Number 80000002180162, titled to the John Phillip Minnich
and Beatrice Minnich Living Trust (accrued interest:
$141.80)
3 AlIfirst Bank, 22 Mas Certificate of Deposit, Account 2,077.65 50% 1,038.83
Number 87008140669601, titled to the John Phillip Minnich
and Beatrice Minnich Living Trust (accrued interest: $7.52)
4 Real Estate located at 4806 East Trindle Road, I 125,700.00[ 50% 62,850.00
Mechanicsburg, PA, Tax Parcel Number 10-22-0527-139,
titled to John Phillip Minnich and Beatrice Minnich Living
Trust, (July 2001 assessed value: $125,700.00 x common
level ratio: 1.00)
5 52148.02 shares Money Market Fund, held in PNC 52,148.02 50% 26,074.01
Brokerage Account Number 6191-4334, titled to the John
Phillip Minnich and Beatrice Minnich Living Trust
($1.00/sh)
I
6 76,377.14 50% 38,188.57
7032.886 shares Blackrock FDS PA Tax Free Cl B held in
PNC Brokerage Account Number 6191-4334, titled to John
Phillip Minnich and Beatrice Minnich Living Trust
C.,D$tohll )
7 27 shares International Speedway Corp, held in PNC 1,050.03 50% 525.02
Brokerage Account Number 6191-4334, titled to the John
Phillip Minnich and Beatrice Minnich Living Trust
($38.89/sh)
8 15000 shares Allegheny Cnty PA Hasp Dev Aut Health CA, 15,897.96 50% 7,948.98
Dtd 12/01/1995 Mat 12/01/2015 5.35%, held in PNC
Brokerage Account Number 6191-4334, titled to John
Phillip Minnich and Beatrice Minnich Living Trust,
($103.89/sh) (accrued interest: $314.31)
Total of Continuation Schedule(s} 10,186.97
TOTAL (Also enter on line 7, Recapitulation) 194,790,67
I '.
SCHEDULE G
INTER-VIVOS TRANSFERS &
MISC. NON-PROBATE PROPERTY
continued
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
Minnich, John Phillip
FILE NUMBER
21 - 01 - 1136
This schedule must be comoleted and filed if the answer to any of ouestions 1 throuqh 4 on paqe 2 is Yes.
ITEM DESCRIPTION OF PROPERTY DATE OF DEATH %OF
NUMBER Il'Icludelhenameoflhetransferee,theirrelalionshiplodecedenl and the dale of lransfer. VALUE OF ASSET DECD'S EXCLUSION TAXABLE VALUE
Attach a copy 01 the deed lor real estate. INTEREST (IF APPLICABLE)
9 PNC Money Market Account Number 5000017999, titled to 4,475.98 50% 2,237.99
John Phillip Minnich and Beatrice Minnich Living Trust
I
I
I
I
Page 2 of Schedule G
.~
~~
SCHEDULE H
FUNERAL EXPENSES &
ADMINISTRATIVE COSTS
COMMONWEALTH OF PENNSYLVANIA
INHEArTANCETAX RETURN
RESIDENT DECEDENT
ESTATE OF
Minnich, John Phillip
Debts of decedent must be reported on Schedule I.
I FILE NUMBER
21 - 01 - 1136
ITEM I
NUMBER DESCRIPTION AMOUNT
A. FUNERAL EXPENSES:
1 Malpezzi Funeral Home 11,215.00
2 Gingrich Memorials 3,695.00
B. ADMINISTRATIVE COSTS:
1. Personal Representative's Commissions
Social Security Number(s) / EIN Number of Personal Representative(s):
Street Address
City State Zip
-
Year(s) Commission paid
2. Attorney's Fees Law Offices of Susan E. Lederer 550.00
3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation)
Claimant
Street Address
City State Zip
Relationship of Claimant to Decedent
4. Probate Fees Cumberland County Courthouse 47.00
5. Accountant's Fees
6. Tax Return Pre parer's Fees
7.
1
Other Administrative Costs
Additional Probate Fees
42.00
TOTAL (Also enter on line 9, Recapitulation)
15,549.00
'*
SCHEDULE I
DEBTS OF DECEDENT, MORTGAGE
LIABILITIES, & LIENS
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
Minnich, John PhiIlip
I FILE NUMBER
21 -01 - 1136
Include unreimbursed medical expenses.
ITEM
NUMBER
1
DESCRIPTION
AMOUNT
2,176.66
Attorney's Pees - Beatrice Minnich, Administratrix, of the Estate of John P. Minnich v. Hartman
Concrete, Inc., and R. L. Livingston Excavation and Paving, Inc.
2
Reimbursement of Expenses paid by Attorney - Beatrice Minnich, Administratrix, of the Estate of John P.
Minnich v. Hartman Concrete, Inc., and R. L. Livingston Excavation and Paving, Inc.'
870.79
3
Medicare Lien - Escrow for repayment - Beatrice Minnich, Administratrix, of the Estate of John P.
Minnich v. Hartman Concrete, Inc., and R. L. Livingston Excavation and Paving, Inc.
488.19
TOTAL (Also enter on Line 10, Recapitulation)
3,535.64
REV-1513 EX+ (9-00)
'.
SCHEDULE J
BENEFICIARIES
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
Minnich, John Phillip
I FILE NUMBER
21-01-1136
RELATIONSHIP TO AMOUNT OR SHARE
NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY DECEDENT OF ESTATE
I. TAXABLE DISTRIBUTIONS (include outright spousal distributions)
I
,
I
I
Enter dollar amounts for distributions shown above on lines 15 through 18, as appropriate, on Rev 1500 cover sheet
n. INON-TAXABLE DISTRIBUTIONS:
A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT
BEING MADE
,
1 I Survivor's Trust (Marital Trust) under Article Six of the John Phillip Minnich and Beatrice Minnich 182,961.67
Living Trust dated June 10, 1997 and any amendments thereto
I
I
B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS
I
TOTAL OF PART 11- ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET[
182,961.67
Last Will
of
JOHN PHILLIP MINNICH
I, JOHN PHILLIP MINNICH, a resident of Cumberland County, Pennsylvania, declare that this is my
will. I hereby revoke all my previous wills and codicils.
Article One
Introductory Provisions
Section 1. Marital Status
I am currently married to SEA TRICE MINNICH, and all references to my spouse in this will are
to her.
Section 2. Children
a. The name(s) and birth date(s) of my children:
Name Birth date
LOIS ANN NORRIS
December 3, 1940
All references to my children in this instrument are to these children and any
children subsequently born to or adopted by me.
Article Two
Appointment of My Personal Representatives
Section 1.
Nomination of My Personal Representatives
I appoint the following to be my Personal Representative:
BEATRICE MINNICH
If, for any reason, the Personal Representative(s) named above are unable or unwilling to serve,
the following successor Personal Representative(s) shall serve until the successor Personal
Representative(s) on the list have been exhausted. Unless otherwise specified, if Co-Personal
Representatives are serving, the next following named successor Personal Representative shall
serve only after all of the Co-Personal Representatives cease to act as Personal Representatives.
(I) LOIS ANN NORRIS
(2) ROGER SPATZ
Section 2.
Waiver of Bond
No bond or undertaking shall be required of any Personal Representative nominated in my will.
Section 3.
General Powers
My Personal Representalive shall have full authority to administer my estate under the laws of
the Commonwealth of Pennsylvania relating to the powers of fiduciaries. My Personal
Representative shall have the power to administer my estate under the Pennsylvania Probate,
Estates and Fiduciaries Code.
2
Article Three
Disposition of My Property
Section 1.
Distribution to My Revocable Living Trust
I give all of my property of whatever nature and kind and wherever located to my revocable
living trust of which I am a Trustor known as:
JOHN PHILLIP MINNICH and BEATRICE MINNICH, Trustees, or their successors in
trust, under the JOHN PHILLIP MINNICH AND BEATRICE MINNICH LIVING TRUST
dated JUN 1 0 1997 and any amendments thereto
Section 2.
Alternate Disposition
If my revocable living trust is not in effect for any reason, I give all of my property to my
Personal Representative under this will as Trustee who shall hold, administer and distribute my
property as a testamentary trust the provisions of which are identical to those of my revocable
living trust on the date of execution of my will.
Article Four
Death Taxes
Section 1.
Definition of Death Taxes
The term "death taxes," as used in my will, shall mean all inheritance, estate, succession, and
other similar taxes that are payable by any person on account of that person's interest in the estate
of the decedent or by reason of the decedent's death, including penalties and interest, but
excluding the following:
a. Any addition to the federal estate tax for any "excess retirement
accumulation" under Internal Revenue Code Section 4980A.
,
~
b.
Any additional tax that may be assessed under Internal Revenue Code
Section 2032A.
c.
Any federal or state tax imposed on a generation-skipping transfer, as
that term is defined in the federal tax laws, unless the applicable tax
statutes provide that the generation-skipping transfer tax is payable
directly out of the assets of my gross estate.
Section 2.
Payment of Death Taxes
Pursuant to the terms of my revocable living trust, all death taxes whether or not attributable to
property inventoried in my probate estate shall be paid by the Trustee from that trust. However,
if that trust does not exist at the time of my death or if the assets of that trust are insufficient to
pay the death taxes in full, I direct my personal representative to pay any death taxes that cannot
be paid by the trustee from the assets of my probate estate by prorating and apportioning those
taxes among the beneficiaries of this will.
Notwithstanding any other provision in my trust, all death taxes incurred by reason of assets
transferred outside of my trust or probate estate shall be assessed against those persons receiving
such property.
Article Five
General Provisions
Section 1.
No Contest Clause
If any person or entity other than me singularly or in conjunction with any other person or entity
directly or indirectly contests in any court the validity of this will including any codicils thereto,
then the right of that person or entity to take any interest in my estate shall cease and that person
or entity shall be deemed to have predeceased me.
Section 2.
Captions
The captions of Articles, Sections and Paragraphs used in this will are for convenience of
reference only and shall have no significance in the construction or interpretation of this will.
4
Section 3.
Severability
Should any of the provisions of my will be for any reason declared invalid, such invalidity shall
not affect any of the other provisions of this will and all invalid provisions shall be wholly
disregarded in interpreting this will.
Section 4.
Governing Law
This will shall be construed, regulated and governed by and in accordance with the laws of the
Commonwealth of Pennsylvania.
I signed this, my last will, on JUN 1 0 1997 .
f rl{, t ~(/t(~ /J7 <" :r_'A~L
OJOHN PHILLIP MINN CH .
5
The foregoing Will was, on the day and year written above, published and declared by JOHN
PHILLIP MINNICH in our presence to be his Wil!. We, in his presence and at his request, and
in the presence of each other, have attested the same and have signed our names as attesting
witnesses.
We declare that at the time of our attestation of this Will, JOHN PHILLIP MINNICH was,
according to our best knowledge and belief, of sound mind and memory and under no undue
duress or constraint.
iItAA~~r:e
iITNE~
Address:
f~f~ ;J, (7((2--
CutelY". i\ ,t~ \ 1""1: _9
WITNESS
Address:
~ ,.si'-Q,.~'~
U
6
I
COMMONWEALTH OF PENNSYLVANIA
: SS:
COUNTY OF DAUPHIN
We, JOHN PHILLIP MINNICH, !kM5/1fii'lV A/f~;r, and f::,. i; C,(\ I,U. ~'" \( e I ,the
Testator and the witnesses, respecti1ely, whose names are signed to the foregoing Will, having
been sworn, declared to the undersigned officer that the Testator, in the presence of witnesses,
signed the instrument as his last Will, that he signed, and that each of the witnesses, in the
presence of the Testator and in the presence of each other, signed the Will as a witness.
ci~tMitr~I~{cH A4A~~
~~$
A~ ~.J:P
WI NES .
n10~ \JJ. ~~
WITNESS
Sl}bscribed and sworn before me by JOHN PHILLIP MINNICH, the Testator, and by
~W1)hr11'V 4110-<7)( and AUsc\ lU. Vu "tQ \ , the witnesses on
[/lA.<..<- /0 , 1997.
,Y-0;U!-L- y ~~
Notary Public
My commission expires:
Notarlal Seal
\ Linda L. Fenemoff, Notary PUtybllC
Derry Twp., Dauphin Coun
My Commission Expires Nov. 8, 1999
Member, Pennl;vlv3n1e Association of Notanes
7
The First Amendment
to the
John Phillip Minnich and Beatrice Minnich
Living Trust
On June 10, 1997, we, John Phillip Minnich and Beatrice Minnich, signed the John Phillip
Minnich and Beatrice Minnich Living Trust, more formally known as:
John Phillip Minnich and Beatrice Minnich, Tmstees, or their successors in trust,
under the John Phillip Minnich and Beatrice Minnich Living Tmst, dated June 10,
1997, and any amendments thereto.
Pursuant to Article Four of our Living Trust, which permits us to amend our trust in
writing at any time, we now wish to amend our trust as follows:
1. Article Six of our Living Trust is hereby revoked in its entirety, and amended as
follows:
Article Six
Specific Distributions of Trust Property
Section 1. Fractional Gift of Income in Respect of a Decedent
After the death of the first of us, our Trustee shall distribute a fraction of all items of income in
respect of a decedent attributable to the Deceased Trustor's share of the trust estate to the
Survivor's Trust. Any income in respect of a decedent not distributed to the Survivor's Trust
shall be distributed to the Family Trust to the extent such allocation will not fund the Family
Trust in an amount which exceeds the Deceased Trustor's Unified Credit Equivalent. The
fraction to be distributed to the Survivor's Trust shall be determined by dividing the Surviving
Trustor's Unused Unified Credit Equivalent reduced by the balance of the Surviving Trustor's
then taxable estate, after taking account of all property passing which is includable in the
Deceased Trustor's gross estate, other than by any form of Beneficiary Designation, by the value
of all items of income in respect of a decedent in the Deceased Trustor's share of the trust estate
or received by our Trustee due to the death of the Deceased Trustor.
---
Section 2. Specific Distributions on the Death of the Last of Us to Die
Our Trustee shall make the following specific distributions of trust property upon the death of
the last of us to die:
a. Specific Distribution of Cash
Our Trustee shall make the following cash distributions to the named beneficiaries
listed below:
Name of Beneficiarv
Amount
LISA SPATZ
LORI ANN FINDLEY
BRIAN K. PEIFFER
$25,000.00
$25,000.00
$1,000.00
(i)
Cash Distribution to LISA SPATZ
If LISA SPATZ should predecease us, such trust shall terminate and our
Trustee shall distribute the balance of the trust property to such
beneficiary's then living issue, per stirpes.
If LISA SPATZ has no then living issue, our Trustee shall distribute the
balance of the trust property to her spouse, ROGER SPATZ, so long as he
has not remarried. If ROGER SPATZ has remarried, our Trustee shall
distribute the balance of the trust share, in equal shares, to our great
grandchildren.
(ii)
Cash Distribution to LORI ANN FINDLEY
If LORI ANN FINDLEY should predecease us, such trust shall terminate and
our Trustee shall distribute the balance of the trust property to such
beneficiary's then living issue, per stirpes.
If LORI ANN FINDLEY has no then living issue, our Trustee shall distribute
one-half of the trust property to her spollse, BRADLEY SCOTT FINDLEY, so
long as he has not remarried, and one-half of the trust property, in equal
shares, to our great grandchildren. If BRADLEY SCOTT FINDLEY has
remarried, our Trustee shall distribute that portion of the trust share, in
equal shares, to our great grandchildren.
-
(iii)
Cash Distribution to BRIAN K. PEIFFER
If BRIAN K. PEIFFER should predecease us, such trust shall terminate and
our Trustee shall distribute the balance of the trust property as provided for
in the Articles that follow.
Section 3. Specific Distribution Not a Part of Trust Property
If the property making up the specific distribution set forth in this Article is not part of the trust
property at the time the specific distribution is to be made and will not become a part of the trust
property within a reasonable time, our Trustee shall disregard that specific distribution.
Section 4. Apportionment of Expenses, Claims and Taxes
Notwithstanding any other provision in our trust, all expenses, claims and taxes shall be
apportioned to the beneficiaries of any specific trust distributions under this Article. Any
distribution of specific trust property under this Article shall pass subject to all liens, mortgages
or encumbrances.
All other articles are hereby ratified and confirmed.
We executed this amendment on ~r 1, Nfl
We certify that we have read the foregoing First Amendment to our Living Trust, and that
it correctly states the changes we desire to make in our Living Trust. We approve this
amendment to our Living Trust in all particulars, and request our Trustees to execute it.
, ,
~~ r \P.L, :tfjt ? /744....-/.:--/-
. Jolm Phillip Minn' h, Trustor
.& ~-,'
.. . /7]--u-~..r~
Beatrice Minnich, Trustor
~L -1?I;lL1' ~~~tvr~ .i-~~~
John Phillip Minnich, Trustee
tiA.~ . J
,,--v_ ~ff}~'^-
Beatrice Minnich, Trustee
-
ACKNOWLEDGEMENT
COMMONWEALTH OF PENNSYLVANIA
: SS
COUNTY OF DAUPHIN
The foregoing amendment to the John Phillip Milmich and Beatrice Minnich Living Trust.
was acknowledged before me on r'wy1. /19 1 , by John Phillip Minnich and Beatrice
Minnich. as Trustors, and John PI~IliP Minnich and Beatrice Minnich, as Trustees.
Witness my hand and official seal.
tJ-;~dG ;( Y-~
Notary Public
(SEAL)
. Notarial Seal
Linda L. Fetterhoff, Notary Public
Derry.T~p., Dauphin County
My Comm~sslon Expires Nov. 8. 1999
'Vl'm~Of, I3'ltI'IM&YIV4f!ii:l .aq~l:f~llltll::m (Jf NglAnqg
The
JOHN PHILLIP MINNICH AND
BEATRICE MINNICH
LIVING TRUST
prepared for
JOHN PHILLIP MINNICH
and
BEATRICE MINNICH
JAMES, SMITH & DURKIN
Attorneys-at-Law
134 Sipe Avenue
Hummelstown, Pennsylvania 17036
(717) 533-3280 FAX (717) 533-2795
(9 James, Smith & Durkin
All Rights Reserved
-
JOHN PHILLIP MINNICH AND BEATRICE MINNICH
LIVING TRUST
Table of Contents
Article One
Article Two
Article Three
Article Four
Article Five
Article Six
Article Seven
Article Eight
Article Nine
Article Ten
Article Eleven
Article Twelve
Article Thirteen
Article Fourteen
Article Fifteen
Trust Creation .................................... I-I
The Trust Estate. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 2-1
Appointment of Trustees. . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 3-1
Trustors' Lifetime Rights. ............................ 4-1
Administration at Death of First Trustor .................. 5-1
Specific Distributions of Trust Property . . . . . . . . . . . . . . . . . .. 6-1
Division into Survivor's Trust and Family Trust. . . . . . . . . . . . .. 7-1
The Survivor's Trust. ............................... 8-1
The Family Trust. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 9-1
Common Pot Trust. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 10-1
Division and Distribution of Trust Property. . . . . . . . . . . . . . .. 11-1
Distribution If No Designated Beneficiaries. . . . . . . . . . . . . . .. 12-1
Trustee Administration ............................. 13-1
Trustee Investment Powers. . . . . . . . . . . . . . . . . . . . . . . . . .. 14-1
General Provisions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 15-1
JOHN PHILLIP MINNICH AND BEATRICE MINNICH
LIVING TRUST
Article One
Trust Creation
Section 1.
Parties to Our Trust
This trust agreement dated .BIN 1 01997 is made between JOHN PHILLIP MINNICH, the
husband Trustor, and BEATRICE MINNICH, the wife Trustor, and the following initial Trustee(s):
JOHN PHILLIP MINNICH
BEATRICE MINNICH
Section 2.
Name of Our Trust
This trust may be referred to as the:
JOHN PHILLIP MINNICH AND BEATRICE MINNICH LIVING TRUST, dated
,IUN 1 0 1997
The formal name of our trust and the designation to be used for the transfer of title to the name
of our trust is:
JOHN PHILLIP MINNICH and BEATRICE MINNICH, Trustees, or their successors in
trust, under the JOHN PHILLIP MINNICH AND BEATRICE MINNICH LIVING TRUST
dated JUN 1 0 1997 and any amendments thereto
Section 3.
Revocable Living Trust
Our Trust is a revocable living trust.
I-I
-
Section 4.
Trustors as Trustees
Unless otherwise provided in this trust agreement, when either one of us is serving as Trustee
under this trust, that Trustee may conduct business and act on behalf of our trust without the
consent of any other Trustee.
Section 5. Our Family
a. The name(s) and birth date(s) of our children are:
Name Birth date
LOIS ANN NORRIS
December 3, 1940
All references to our children in this instrument are to these children and any
children subsequently born to or adopted by us.
Section 6.
Creation of Internal Revenue Code Section 401 (a)(9)
Retirement Subtrusts
Notwithstanding any other provision of our trust agreement, the irrevocable retirement subtrust
of any Trust described in Article Seven is hereby deemed to be irrevocable upon execution of our
trust agreement. Any such irrevocable retirement subtrust shall remain unfunded until funded at
the death of the first of us.
1-2
-
Article Two
The Trust Estate
Section 1.
Initial Transfer of Property
We hereby assign, convey, transfer and deliver to our Trustee all property set forth on Schedule
"A", attached hereto, and made part of this trust agreement. Our Trustee acknowledges receipt
of all assets listed on the attached Schedule.
All assets titled in the name of our trust or in the name of our Trustee, but not listed on Schedule
"A", shall be considered a part of our trust estate as if they had been set forth on the attached
Schedule.
Section 2.
Additional Transfers to Trust
We, or any other person or entity, may transfer or devise to our Trustee additional assets, real
or personal, and may name our Trustee as the beneficiary of life insurance policies, annuities,
retirement plans or similar contracts; such assets, policies and proceeds, upon delivery thereof to
our Trustee, shall be a part of the trust estate, subject to all the terms of this trust agreement.
Section 3.
Character of Trust Assets
Unless otherwise provided in this trust agreement, each of us shall own a separate share in our
trust estate which shall consist of an undivided one-half (1/2) beneficial interest in our trust estate
and such interests shall be held as tenants in common.
Nevertheless, to the extent allowed by law, any community property, as invested and reinvested
(and including any income and profits, as applicable), transferred to our trust by either or both
of us shall fully retain its character as community property for as long as allowed by law, and
this retention of character shall continue in spite of any change in the situs of our trust.
Section 4.
Acceptance of Trust Property
All property transferred to our trust and not disclaimed by our Trustee shall be held, administered
and distributed according to the terms of this agreement.
2-1
-
-
Section 5.
Trust Property Schedule
The trust property transferred to our trust is set forth on Schedule "A".
2-2
Article Three
Appointment of Trustees
Section 1.
Definition of Trustee
All references in this agreement to "Trustee" shall be deemed a reference to the person or entity
who is then serving as Trustee and shall include alternate or successor Trustees or Co-Trustees,
unless the context requires otherwise.
Section 2.
Resignation of a Trustee
Any Trustee may resign at any time without court approval by giving written notice to both of
us or to our respective personal representatives. If both of us are not then living, written notice
shall be given to our successor Trustee, or if there is no successor, to the beneficiaries then
entitled to receive income or principal distributions under this trust agreement, to their respective
personal representatives, or if such beneficiaries then be minors, to the persons having the care
or custody of them.
Section 3.
Removal of a Trustee
Any Trustee may be removed under this agreement as follows:
a. While We are Both Alive and Competent
While we are both alive and legally competent and if we both agree, we shall have
the right to remove any Trustee appointed under this agreement at any time with
no requirement that the removed Trustee receive any reason for such termination.
b. While One of Us is Alive or Competent
After the death of one of us or when both of us are alive but only one of us is
legally competent, any Trustee appointed under this trust agreement may be
removed by the competent Trustor at any time for cause.
3-1
--
c. Removal by Others
After the death or legal incompetency of both of us, any Trustee may be removed
by a majority vote of the beneficiaries then entitled to receive income or principal
distributions under this trust agreement or their respective personal representatives
at any time for cause.
d. Notice to Removed Trustee
Written notice of removal under this agreement shall be effective immediately
when signed by the person or persons authorized to make the removal and
delivered to the Trustee personally or deposit by United States certified mail,
return receipt requested. The written notice removing a Trustee shall designate a
successor Trustee.
e. Transfer of Trust Property
The Trustee so removed shall promptly transfer and deliver to the successor
Trustee all property of the trust under the Trustees' possession and control.
Section 4.
Designated Successor Trustees
Whenever a Trustee is removed, dies, resigns, becomes legally incapacitated, or is otherwise
unable or unwilling to serve, that Trustee shall be replaced as follows:
a. The Death or Disability of a Trustee While We are Serving as
Trustees
We may serve as the only Trustees or we may name any number of Trustees to
serve with us. lf any of these other Trustees subsequently die, resign, become
legally incapacitated or are otherwise unable or unwilling to serve as a Trustee,
we mayor may not fill the vacancy, as we both agree.
b. Disability Trustees of JOHN PHILLIP MINNICH
Upon the disability of JOHN PHILLIP MINNICH, if he is then serving as an initial
Trustee, he shall be replaced by the following Disability Trustee(s):
BEATRICE MINNICH
o ,
J-.c.,
--
If, for any reason, the Disability Trustee(s) named above are unable or unwilling
to serve, the following successor Disability Trustee(s) shall serve until the
successor Disability Trustee(s) on the list have been exhausted. Unless otherwise
specified, if Co-Disability Trustees are serving, the next following named
successor Disability Trustee shall serve only after all of the Co-Disability Trustees
cease to act as Trustees.
(I) LOIS ANN NORRIS
(2) LORI ANN FINDLEY
c. Disability Trustees of BEATRICE MINNICH
Upon the disability of BEATRICE MINNICH, if she is then serving as an initial
Trustee, she shall be replaced by the following Disability Trustee(s):
JOHN PHILLIP MINNICH
If, for any reason, the Disability Trustee(s) named above are unable or unwilling
to serve, the following successor Disability Trustee(s) shall serve until the
successor Disability Trustee(s) on the list have been exhausted. Unless otherwise
specified, if Co-Disability Trustees are serving, the next following named
successor Disability Trustee shall serve only after all of the Co-Disability Trustees
cease to act as Trustees.
(I) LOIS ANN NORRIS
(2) LORI ANN FINDLEY
d. Death Trustees of JOHN PHILLIP MINNICH
Upon the death of JOHN PHILLlP MINNICH, if he is then serving as an initial
Trustee, he shall be replaced by the following Death Trustee(s):
BEATRICE MINNICH
Except as provided in Article Eleven, Section 3, if, for any reason, the Death
Trustee(s) named above are unable or unwilling to serve, the following successor
Death Trustee(s) shall serve until the successor Death Trustee(s) on the list have
been exhausted. Unless otherwise specified, if Co-Death Trustees are serving, the
next following named successor Death Trustee shall serve only after all of the
Co-Death Trustees cease to act as Trustees.
(I) LOIS ANN NORRIS
(2) ROGER SPATZ
o ,
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e. Death Trustees of BEATRICE MINNICH
Upon the death of BEATRICE MINNICH, if she is then serving as an initial Trustee,
she shall be replaced by the following Death Trustee(s):
JOHN PHILLIP MINNICH
Except as provided in Article Eleven, Section 3, if, for any reason, the Death
Trustee(s) named above are unable or unwilling to serve, the following successor
Death Trustee(s) shall serve until the successor Death Trustee(s) on tbe list have
been exhausted. Unless otherwise specified, if Co-Death Trustees are serving, the
next following named successor Death Trustee shall serve only after all of the
Co-Death Trustees cease to act as Trustees.
(1) LOIS ANN NORRIS
(2) ROGER SPATZ
Section 5.
Definition of Disability
A Trustee shall be considered disabled in the event that a court of competent jurisdiction
determines that such Trustee is legally incompetent, or in the event that a Trustee is not
adjudicated incompetent but, by reason of illness or mental disability, such Trustee has been
certified by two licensed physicians to be unable to properly handle his or her own affairs.
Section 6.
No Designated Successor Trustees
If at any time there is no Trustee acting under this agreement and tbere is no person or institution
designated and qualified as a successor Trustee, a majority of the beneficiaries then eligible to
receive distributions of income or principal under tbis agreement or their legal representatives
shall appoint a successor Trustee. If any trust existing under this agreement lacks a Trustee and
no successor is appointed pursuant to this Section, the vacancy shall be filled by a court of
competent jurisdiction.
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Section 7.
Responsibility of Successor Trustees
A successor Trustee shall have the same rights, powers, duties, discretions and immunities as if
it had been named as initial Trustee under this agreement. No successor Trustee shall be
personally liable for any act or failure to act of any predecessor Trustee or shall have any duty
to examine the records of any earlier Trustee. A successor Trustee may accept the accollnt
rendered and the property delivered by or on behalf of a predecessor Trustee as a full and
complete discharge of the duties of the predecessor Trustee without incurring any responsibility
or liability for so doing.
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Article Four
Trustors' Lifetime Rights
Section 1.
Income and Principal
a.
Right to Trust Income and Principal
Our Trustee shall pay to or apply for our benefit during our joint lifetimes all or
such part of the income and principal of the trust estate as we may direct.
We may not, however, direct our Trustee to make gifts from trust property to third
parties. If our Trustee inadvertently makes a distribution we intended as a gift
directly from the trust to a third party, that distribution shall be construed as a
distribution to us first, then a gift to the third party from us.
Unless directed in writing to the contrary by either of us:
I. Our Trustee shall be authorized to accept and
execute instructions received from either Trustor
regarding distributions of the income or principal of
the trust estate to or for the benefit of either or both
of us.
2. Our Trustee shall be authorized to make
distributions of the income or principal of the trust
estate in the sole name of a Trustor as instructed by
eitherof us.
b. Trustee Liability
Upon any distribution of the income or principal of the trust estate authorized or
directed by a Trustor, our Trustee shall incur no liability to the other Trustor in
respect of such distribution, shall be under no obligation to seek the approval or
verification of the concurrence of the other Trustor to such distribution and shall
have no responsibility for the application of any distribution made in the name of
a Trustor.
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c. Tracing of Income Not Required
Unless otherwise provided or specified by either or both of us during our joint
lives, with respect to any distributions of income to either of us, our Trustee shall
be under no obligation to allocate, trace or otherwise identify the actual source of
such income.
Section 2.
Trustors' Rights During Disability
a.
Definition of Disability
A Trustor shall be considered disabled in the event a court of competent
jurisdiction determines that a Trustor is legally incompetent or in the event that
a Trustor is not adjudicated incompetent but by reason of illness or mental
disability a Trustor has been certified by two licensed physicians to be unable to
properly handle his or her own affairs.
b. Income and Principal Distributions
Our Trustee during the period of a Trustor's disability shall pay to or apply for
that Trustor's benefit as much of the net income and principal of our trust estate
as our Trustee in its sole discretion shall deem necessary or advisable.
c. Payment of Obligations
Our Trustee during the period of a Trustor's disability shall, from time to time,
pay that Trustor's valid obligations, medical expenses and provide for his or her
comfortable maintenance and welfare, taking into consideration his or her other
lllcome or resources.
d. Income and Principal Distributions for Non-disabled Trustor
During the lifetime of either or both of us, should either or both of us become
disabled, then our Trustee shall pay to or apply for the non-disabled Trustor's
benefit as much of the principal and net income of the disabled Trustor's separate
property estate and his or her interest in the joint marital property estate and
community property, if any, as our Trustee in its sole discretion shall deem
necessary or advisable, from time to time, for the non-disabled Trustor's health,
maintenance, support and education, taking into consideration his or her other
lllcome or resources.
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e. Trustee Guidelines
In making distributions under this Section, our Trustee shall give primary
consideration to the needs of the disabled Trustor and secondary consideration to
the needs of the non-disabled Trustor.
f. Tax Planning
During our joint lives, should either or both of us become disabled our Trustee
may exercise the following powers as attorney in fact on our behalf, either alone
or in conjunction with any other attorney in fact under a durable power of attorney
for a disabled Trustor, but the primary concern of our Trustee shall be for our
welfare and secondarily for the welfare of our lineal descendants for tax planning:
1. Our Trustee may make additional distributions to our
lineal descendants, equally by class, for the purpose of
continuing any gift program initiated by us which our
Trustee reasonably determines will achieve beneficial
results for estate and/or income tax planning purposes.
2. Our Trustee may initiate a gift program on our behalf
which our Trustee reasonably determines will achieve
beneficial results for estate and/or income tax planning
purposes by making distributions to our lineal
descendants, equally by class, so long as such
distributions are made in the form which qualify for and
are limited to the annual exclusion for federal gift tax
purposes.
3. During any disability of a Trustor our Trustee shall be
under no obligation to initiate, recommend or consider
any tax planning objective or program for us and any
exercise of its discretion in this regard, when conducted
in good faith, shall not subject it to liability to any
person affected thereby.
Section 3.
Right to Amend or Revoke Our Trust
The Trustors may at any time or times, by written notice filed with the Trustees, amend any
provision hereof or revoke this Trust in whole or in part, provided however, that each Trustor
shall only hold the powers to amend and revoke as to his or her respective Share in the Trust.
Furthermore, each Trustor shall have the power to partition this Trust into separate Trusts.
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a. Power to Revoke and Amend While Both of Us Are Living
Except as to the irrevocable Family and Survivor's Retirement Subtrusts, while
both of us are alive, we may at any time or times, by written notice filed with our
Trustee, amend any provision hereof or revoke this Trust Agreement in whole or
in part, provided however, that each of us shall only hold the powers to amend or
revoke as to our respective share in our Trust estate; and, each of us shall have the
power to partition our Trust into separate trusts.
b. Power to Revoke and Amend After Death of First Trustor
Except as to the irrevocable Family and Survivor's Retirement Subtrusts, after the
death of the first of us, the Surviving. Trustor may at any time amend, revoke or
terminate, in whole or in part, the Survivor's Trust in which the Surviving Trustor
has a general power of appointment. All other trusts shall become irrevocable and
shall not be subject to amendment after the death of the first of us.
c. Method to Revoke or Amend
Any amendment or revocation of this trust or any trust created by our Trust
Agreement shall be made by written instrument signed by both of us or by the
Trustor making the amendment or revocation and delivered to our Trustee. If the
instrument making the amendment or revocation is signed by only one Trustor and
the other Trustor is living at that time, a copy of the instrument making the
amendment or revocation shall also be delivered to the other Trustor. An exercise
of the power of amendment substantially affecting the duties, rights and liabilities
of our Trustee shall be effective only if agreed to by our Trustee in writing.
d. Delivery of Property After Revocation
After any revocation or termination with respect to our trust (and any trust created
hereunder), our Trustee shall promptly deliver the trust property to the Trustor or
Trustors to the extent of their interest in the trust property.
e. Trustee's Retention of Assets Upon Revocation
In the event of any revocation of all or part of our trust, our Trustee shall be
entitled to retain sufficient assets to reasonably secure the payment of liabilities
our Trustee has lawfully incurred in administering the trust and any fees that have
been discharged and fees paid, unless we indemnify our Trustee against loss or
expense.
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Section 4.
Exercise of Trustors' Rights and Powers by Others
Any right or power that either of us could exercise under the terms of our Trust Agreement,
except the power to amend, revoke or terminate any trust created by our Trust Agreement, may
be exercised for and on behalf of that Trustor by any attorney in fact who, at the time of the
exercise, is duly appointed and acting for that Trustor under a valid and enforceable durable
power of attorney executed by that Trustor or, if there is no such attorney in fact, by a duly
appointed and acting guardian or conservator of that Trustor after petition to a court of competent
jurisdiction.
The power to amend, revoke or terminate any trust created by our Trust Agreement is personal
to us and may not be exercised by any other person or entity.
Section 5.
Rights Concerning Standby Property
It is contemplated that certain assets may be added to the trust estate from time to time with the
possession and control thereof retained by or redelivered to us. If we execute and deliver to our
Trustee an instrument effectively transferring such assets to our Trustee together with any further
documentation necessary to effect the record transfer thereof, in the event of a Trustor's death
or incapacity the assets shaI! be deemed to be assets of the trust estate and held by us as the
nominee of our Trustee. During the period such assets are in our possession they shaI! be subject
to the following terms and conditions:
a. We may receive directly and devote to our own use and
benefit any dividends, interest, income or distributions from
or upon such assets and neither we nor our Trustee shall
have any duty of accounting to the other or to any other
person with regard thereto.
b. Any sale, exchange or other transfer of such assets by us
shall constitute a withdrawal of such assets from the trust
estate and our Trustee shall have no further interest therein
or duties with regard thereto. Though not a condition
precedent to any such withdrawal, we agree to notify our
Trustee of all such withdrawals.
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c.
d.
e.
Section 6.
We shall be responsible for the reporting of the income from
such assets to the appropriate taxing authorities and our
Trustee shall have no responsibility for including such
income on any fiduciary returns prepared by it or for the
preparation of any other income tax return with respect
thereto unless we duly notify our Trustee of such income
items and a full and adequate accounting thereof is made and
presented to our Trustee.
We shall protect and indemnify our Trustee against all
losses, liabilities and expenses which may result directly or
indirectly from our use, possession, management or control
of such assets.
Upon the death or incapacity of either of us, our Trustee
shall be entitled to the possession thereof and thereafter shall
have all the rights, powers and duties with respect to such
assets which are otherwise granted to our Trustee herein. It
is understood that our Trustee shall be responsible only for
the assets which actually come into its possession and
control. However, it is also understood that our Trustee
shall use any reasonable and prudent means to secure
possession of any trust assets of which it has knowledge.
Our Trustee shall have no duty, accountability or
responsibility to us or to any other person with respect to
any assets of which it has no knowledge or of which it is
unable to obtain possession and control.
Trustor/Trustee Bank Accounts
It is contemplated that we may establish a joint bank account or accounts with our Trustee and
create powers of attorney in respect thereof in other persons. Deposits from time to time made
by us or other authorized persons into such an account shall constitute transfers to the trust estate
and withdrawals therefrom, which may be made without the co-signature of our Trustee, shall
constitute withdrawals from the trust estate. However, our capacity and other authorized persons
with respect to any such account shall be that of nominee of our Trustee, not co-owner. At any
given time the trust estate shall include the then balance of any such account.
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Section 7.
Life Insurance Policies and Retirement Plans
Unless otherwise provided in our Trust Agreement or elsewhere, either or both of us shall have
all powers over life insurance policies and retirement benefits owned by or made payable to our
trust, including the following:
a. Payment of Premiums
We shall be responsible for the payment of premiums and other charges on each
policy of insurance owned by or made payable to our trust. Our Trustee shall
have no duty to make any payment or be responsible to determine whether such
payments have been made.
b. Custody of Policies
Our Trustee shall not be responsible for the custody or safekeeping of any life
insurance policy before its actual delivery to our Trustee nor after a subsequent
withdrawal of such policy from such trust.
c. Change Beneficiaries
We shall have the right to change the beneficiary and to receive any dividends or
other earnings of such policies or plans without accountability therefor to our
Trustee or any beneficiary in our Trust Agreement.
d. Assignment
We may assign any policy or plan benefits to any lender to the extent allowed by
law, including our Trustee, as security for any loan to us or any other person.
e. Surrendered Policies
If any life insurance policy is surrendered or if the beneficiary of any policy is
changed, our Trust Agreement shall be revoked with respect to such policy.
However, no revocation of the trust with respect to any policy, whether pursuant
to the provisions of the preceding sentence or otherwise, shall be effective unless
the surrender or change in beneficiary of the policy is accepted by the insurance
company.
Section 8.
Undistributed Net Income
Any net income not distributed under the provisions of this Article shall be added to the trust
principal.
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Section 1.
Article Five
Administration at Death of First Trustor
Trustee's Discretion to Pay Debts and Taxes
After the death of the first of us to die, our Trustee, in its sole discretion, may pay all or any part
of the deceased Trustor's following expenses, debts, claims and taxes becoming due or payable
by reason of the death of the first of us:
a.
b.
c.
d.
e.
f.
Section 2.
Final medical expenses and all funeral costs;
Legally enforceable claims against the deceased or the estate;
Reasonable expenses of administration of this trust and the deceased's
probate estate, if any;
Any allowances mandated by a court of competent jurisdiction to those
dependent upon the deceased Trustor;
Any estate, inheritance, succession, death or similar taxes payable by
reason of the death of the first of us; and
Any penalties or interest on any of the above claims, debts or taxes
owed by the deceased or the estate.
Payment by Our Trustee or Personal Representative
Our Trustee in its sole discretion may make distributions authorized under this Article either
directly to the person or entities to whom payment is owed or to the personal representative of
the deceased Trustor's probate estate. Written statements by the deceased's personal
representative that such sums are due and payable by the estate shall be sufficient evidence of
their amount and propriety for the protection of our Trustee. Our Trustee shall be under no duty
to see to the application of any such payments made to the deceased's personal representative.
Section 3.
Tax Elections
With regard to the payment of any income tax, gift tax, estate tax, inheritance tax or any other
tax required because of the death of the first of us, our Trustee shall have the right to make any
available elections allowed under the law. Our Trustee is authorized to sign and file any tax
return required because of the death of the first of us.
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Section 4..
Payment of Death Taxes, Claims and Expenses
a.
Payment out of Trust Property
All death taxes, claims and expenses payable under the provisions of this Article
shall be paid by our Trustee out of the trust estate, except as specifically provided
for elsewhere in this agreement.
b. Exception for Property Passing Outside of Trust
Notwithstanding any other provision in our trust, all death taxes, claims and
expenses incurred by reason of assets passing outside of our trust or probate estate
shall be assessed against those persons receiving such property.
c. Payment from Deceased Trustor's Share
Notwithstanding any other provision in this or any other instrument, no death
taxes, claims and expenses payable under the provisions of this Article shall be
paid from the beneficial Share owned by the surviving Trustor.
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Article Six
Specific Distributions of Trust Property
Section 1.
Fractional Gift of Income in Respect of a Decedent
After the death of the first of us, our Trustee shall distribute a fraction of all items of income in
respect of a decedent attributable to the Deceased Trustor's share of the trust estate to the
Survivor's Trust. Any income in respect of a decedent not distributed to the Survivor's Trust
shall be distributed to the Family Trust to the extent such allocation will not fund the Family
Trust in an amount which exceeds the Deceased Trustor's Unified Credit Equivalent. The
fraction to be distributed to the Survivor's Trust shall be determined by dividing the Surviving
Trustor's Unused Unified Credit Equivalent reduced by the balance of the Surviving Trustor's
then taxable estate, after taking account of all property passing which is includable in the
Deceased Trustor's gross estate, other than by any form of Beneficiary Designation, by the value
of all items of income in respect of a decedent in the Deceased Trustor's share of the trust estate
or received by our Trustee due to the death of the Deceased Trustor.
Section 2.
Specific Distributions on the Death of the Last of Us to Die
Our Trustee shall make the following specific distributions of trust property upon the death of
the last of us to die:
a. Specific Distribution of Cash
Our Trustee shall make the following cash distributions to the named beneficiaries
listed below:
Name of Beneficiarv
Amount
LISA SPATZ
LORI ANN FINDLEY
$25,000.00
$25,000.00
(i)
Cash Distribution to LISA SPATZ
If LISA SPATZ should predecease us, such trust shall terminate and our
Trustee shall distribute the balance of the trust property to such
beneficiary's then living issue, per stirpes.
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If LISA SPATZ has no then living issue, our Trustee shall distribute
the balance of the trust property to her spouse, ROGER SPATZ, so
long as he has not remarried. If ROGER SPATZ has remarried, our
Trustee shall distribute the balance of the trust share, in equal
shares, to our great grandchildren.
(ii) Cash Distribution to LORI ANN FINDLEY
If LORI ANN FINDLEY should predecease us, such trust shall terminate
and our Trustee shall distribute the balance of the trust property to such
beneficiary's then living issue, per stirpes.
If LORI ANN FINDLEY has no then living issue, our Trustee shall
distribute one-half of the trust property to her spouse, BRADLEY
SCOTT FINDLEY, so long as he has not remarried, and one-half of the
trust property, in equal shares, to our great grandchildren. If
BRADLEY SCOTT FINDLEY has remarried, our Trustee shall distribute
that portion of the trust share, in equal shares, to our great
grandchildren.
Section 3.
Specific Distribution Not a Part of Trust Property
If the property making up the specific distribution set forth in this Article is not part of the trust
property at the time the specific distribution is to be made and will not become a part of the trust
property within a reasonable time, our Trustee shall disregard that specific distribution.
Section 4.
Apportionment of Expenses, Claims and Taxes
Notwithstanding any other provision in our trust, all expenses, claims and taxes shall be
apportioned to the beneficiaries of any specific trust distributions under this Article. Any
distribution of specific trust property under this Article shall pass subject to all liens, mortgages
or encumbrances.
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Article Seven
Division into Survivor's Trust and Family Trust
Section 1.
Division of the Trust Estate
Upon the death of the first Trustor to die, our Trustee shall allocate and distribute the remaining
trust estate, including any property that becomes distributable or payable to our Trustee at the
deceased Trustor's death, into two separate shares to be identified as the Survivor's Share and
the Family Share.
a. Surviving Trustor's Property Transferred to the Survivor's Share
The Survivor's Share shall consist of the surviving Trustor's one-half (1/2) interest
in all of the assets representing the trust property held by our Trustee.
b. Deceased Trustor's Property Transferred to the Survivor's Share
The Survivor's Share shall also consist of assets having a value equal to the
unlimited federal estate tax marital deduction allowable to the deceased Trustor's
estate, subject to the following:
I. The Survivor's Share shall be reduced by the net value
for federal estate tax purposes of all other property that
passes or has passed to the surviving Trustor under our
trust agreement, the deceased Trustor's probate estate or
otherwise that qualifies for the federal estate tax marital
deduction.
2. The Survivor's Share shall be reduced by all federal
estate tax deductions actually allowed other than the
marital deduction;
3. The Survivor's Share shall be reduced by the amount, if
any, needed to increase the deceased Trustor's taxable
estate for federal estate tax purposes to the largest
amount that after allowing for the unified credit against
federal estate tax, will result in the smallest, if any,
federal estate tax being imposed on the deceased
Trustor's estate;
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4. The Survivor's Share shall be reduced by the credit for
state death taxes available to the estate of the deceased
Trustor, to the extent that the use of that credit does not
result in or increase any death tax payable to any state;
and
5. The Survivor's Share shall be reduced by any other
allowable credits available to the estate of the deceased
Trustor, except the credit for tax on prior transfers from
a "transferor", as defined in Code Section 2013, who
dies within two years after the date of death of the
deceased Trustor, but only to the extent that those
credits do not disqualify this gift from receiving the
marital deduction.
6. Notwithstanding any other provision in this Section, the
Survivor's Share shall never have assets with a value
less than the maximum amount after allowing for the
unified credit against the federal estate tax as of the date
of the deceased Trustor's death, unless the value of the
surviving Trustor's trust property (less all liabilities) and
the deceased Trustor's gross estate (less all allowable
deductions except the federal estate tax marital
deduction) is less than the maximum amount after
allowing for the unified credit against the federal estate
tax, in which case the entire amount of the deceased
Trustor's trust property shall be allocated to the
Survivor's Share. For purposes of this calculation, the
Survivor's Share shall be reduced by the net value for
federal estate tax purposes of all other property that
passes or has passed to the surviving Trustor under our
trust agreement, the deceased Trustor's probate estate or
otherwise that qualifies for the federal estate tax marital
deduction.
C. Survivor's Share to be Administered as Survivor's Trust
The Survivor's Share shall be held, administered and distributed according to the
provisions of the Survivor's Trust as set forth in Article Eight of our trust
agreement. Our Trustee, however, shall allocate to a separate irrevocable subtrust
of the Survivor's Trust, to be known as the Survivor's Retirement Subtrust, all
assets to be received by reason of any Beneficiary Designation. Except for (i) the
irrevocability of the Survivor's Retirement Subtrust and (ii) our direction that if
the Survivor's Trust is divided into two shares that the Retirement Subtrust shall
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be made part of the Survivor's Share that does not hold the Surviving Trustor's
interest in our trust estate, our Trustee shall administer the Survivor's Trust and
the Survivor's Retirement Subtrust with like effect as if each, separately, were the
Survivor's Trust.
d. Property Transferred to the Family Share
The Family Share shall consist of all assets not distributed to the Survivor's Share.
e. Family Share to be Administered as Family Trust
The Family Share shall be held, administered and distributed according to the
provisions of the Family Trust as set forth in Article Nine of our trust agreement.
Our Trustee, however, shall allocate to a separate irrevocable subtrust of the
Family Trust, to be known as the Family Retirement Subtrust, all assets to be
received by reason of any Beneficiary Designation. Except for the irrevocability
of the Family Retirement Subtrust, our Trustee shall administer the Family Trust
and the Family Retirement Subtrustwith like effect as if each, separately, were the
Family Trust.
f. Administration of Irrevocable Retirement Subtrusts
under Internal Revenue Code Section 401(a)(9)
Any irrevocable retirement subtrusts created under this Section shall be held,
administered, divided and distributed in accordance with the provisions outlined
in this Section; provided, however, that our Trustee, in its sole discretion, may
continue the method of distribution from such plans which was being used by me
prior to my death.
Section 2.
Allocation and Valuation of Assets
In allocating assets between the Survivor's Share and the Family Share, our Trustee shall allocate
the trust assets that qualify for the marital deduction between the Survivor's Share and the Family
Share in cash or in kind, or partly in each, on a pro rata or non pro rata basis, and in undivided
interests or not; subject, however, to the following:
a. Qualification for Marital Deduction
Only assets that qualify for the marital deduction shall be allocated to the
Survivor's Share.
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b. Valuations of Allocations in Kind
Assets allocated in kind shall be deemed to satisfy the marital deduction amount
on the basis of their values as finally determined for federal estate tax purposes;
provided, however, that our Trustee shall act impartially, consistent with equitable
principles, requiring impartiality among beneficiaries, in allocating assets in
satisfaction of the marital deduction share, so that any distribution of assets in
satisfaction of the marital deduction share shall be made of assets, including cash,
fairly representative of appreciation or depreciation in the value of all property
thus available for distribution.
c. Income
The Survivor's Share shall be entitled to a pro rata share of the income earned on
deceased Trustor's residuary probate and trust assets from the date of deceased
Trustor's death, including a share of income earned on assets used to discharge
liabilities.
d. Foreign Death Tax Credit
Our Trustee shall not allocate assets that qualify for the foreign death tax credit
to the Survivor's Share unless all other assets or interests available for allocation
have been so allocated.
e. Insurance on the Life of the Surviving Trustor
Our Trustee shall not allocate any policy of insurance on the life of the surviving
Trustor to the Survivor's Share.
f. Insurance on the Lives of Others
Any incidents of ownership to a policy of insurance on the life of a person other
than the deceased Trustor shall be allocated to the Family Share.
g. Lack of Property to Fully Fund the Survivor's Share
If there is insufficient property qualifying for the federal estate tax marital
deduction to fully fund the Survivor's Share, the funding to the Survivor's Share
shall be reduced accordingly.
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Section 3.
Intention that Survivor's Share Qualify for Marital Deduction
We intend that the Survivor's Share qualify for the federal estate tax marital deduction and this
agreement shall be construed accordingly. All other provisions of our trust agreement shall be
subordinate to that intent. If the granting of any right, power, privilege, authority, or immunity
to our Trustee or another person and the imposition of any duty upon our
Trustee or another person by any provision of our trust agreement, would disqualify any share
or interest of a beneficiary hereunder from qualifying for the federal estate tax marital deduction
provided by Section 2056 of the Code, such provision shall be ineffective if and to the extent that
the same, if effective, would so disqualify such share or interest. The provisions of this Section
shall also apply to the deceased Trustor's probate estate, personal representative and all
beneficiaries, devisees and legatees. Notwithstanding any other provision in our trust agreement
to the contrary, the surviving Trustor at any time shall have the right to direct our Trustee, in
. writing, to convert, within a reasonable time, any unproductive trust property to income
producing property.
Section 4.
Disclaimer of Property
Any property or portion of property that is disclaimed by the surviving Trustor shall be held,
administered, or distributed according to the following terms:
a. Property Disclaimed
The surviving Trustor may disclaim any property held or distributed to or for the
benefit of the surviving Trustor under our trust agreement.
b. Time to Disclaim
The surviving Trustor may disclaim within the time limits and under the
conditions permitted by the laws regulating disclaimers.
c. Delivery of Disclaimer to Our Trustee
A disclaimer by the surviving Trustor may be exercised by the delivery to our
Trustee of an irrevocable and unconditional refusal to accept any or all property
interests passing to the surviving Trustor or the Survivor's Share.
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d. Disclaimer of Survivor's Share
If the surviving Trustor exercises a disclaimer with respect to any or all property
set aside as the Survivor's Share, such disclaimed interest shaIl be added to the
Family Share.
e. Disclaimer of Family Share
If the surviving Trustor exercises a disclaimer with respect to any or all property
set aside as the Family Share, such disclaimed interest shaIl be distributed under
the relevant terms of this agreement as though the surviving Trustor had
predeceased the deceased Trustor.
Section 5.
Retirement Accounts
If our Trustee is named the beneficiary of an interest in one or more plans which are qualified
under Code Section 40 I or one or more Individual Retirement Accounts qualified under Code
Section 408 (hereinafter "Retirement Accounts"), then our Trustee shaIl aIlocate the benefits
payable from such Retirement Accounts to the Survivor's Trust (or a share hereunder) without
underfunding the Family Trust, if possible.
Furthermore, if one or more Retirement Accounts are distributed to the Survivor's Trust III
instaIlment payments, the foIlowing provisions shall apply:
a. Amount To Be Distributed
Our Trustee shaIl pay to or apply for the sole benefit of the surviving Trustor, at
least quarterly, the greater of (i) all of the net income earned by the Retirement
Account, or (ii) the amount required to be distributed from such Retirement
Account under Code Section 401 (a)(9). Our Trustee shaIl take all of the necessary
action to cause the Retirement Account to distribute to the Survivor's Trust the
amount required to be distributed to the Surviving Trustor under this paragraph.
b. Qualifying Income Interest
Our Trustee shall take all of the necessary action to assure that the interest of the
surviving Trustor qualifies as a qualifying income interest for life pursuant to
. Code Section 2056(b )(7).
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c. Principal and Income Allocation
Our Trustee shall allocate to the income of the Survivor's Trust all of the net
income earned by the Retirement Account and paid to that trust regardless of
whether the Retirement Account is allocated to principal for trust accounting
purposes. Our Trustee shall allocate to principal of the Survivor's Trust all other
distributions from the Retirement Account.
d. Underproductive Property
The surviving Trustor shall have the power to direct our Trustee to compel any
Retirement Account from which distributions are made to the Survivor's Trust to
be invested in income-producing assets.
e. Power to Accelerate Distributions
Our Trustee shall elect an option under each Retirement Account which allows our
Trustee in its discretion to accelerate distributions and to receive one or more lump
sum payments from such Retirement Account so that our Trustee has the
flexibility to withdraw principal in its discretion from the Retirement Account.
If such an option is not available under the Retirement Account, our Trustee shall
take all of the necessary action to cause such Retirement Account to be transferred
to an Individual Retirement Account which offers such flexibility and which is
titled in the participant's name and is qualified under Code Section 408; provided
however, that such transfer is not treated as a taxable distribution for income tax
purposes.
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Article Eight
Survivor's Trust
Section 1.
Rights of Surviving Trustor in the Survivor's Trust
Our Trustee shall hold, administer and distribute the assets of the Survivor's Trust as follows:
a. Payment of Income
Our Trustee shall pay to or apply for the benefit of the surviving Trustor, so long
as the surviving Trustor lives, the entire net income of the Survivor's Trust in
monthly or other convenient installments agreed upon by the surviving Trustor and
our Trustee, but not less often than annually.
If our Trustee is entitled to payments from any Retirement Account, it shall
allocate to income from payments received in any calendar year an amount equal
to the income earned by the account in such year, and any excess shall be
allocated to principal, and if the payments in such year shall be less than the
amount equal to the income earned by the account in such year, the surviving
Trustor shall have the continuing right to require our Trustee to withdraw from the
account and pay to him/her as income an additional amount so that he/she can be
paid an amount equal to such income. Notwithstanding the preceding sentence,
if the Internal Revenue Service should determine that for the Survivor's Trust to
qualify for the marital deduction all of the income earned by the account does not
have to be distributed to the surviving Trustor or be subject to his/her withdrawal
right, then only the amount required for such qualification shall thereafter be
distributed to him/her or be subject to his/her withdrawal right.
b. Discretionary Payment of Principal
At any time or times during the trust term, our Trustee shall pay to or apply for
the benefit of the surviving Trustor so much of the principal of the Survivor's
Trust as our Trustee deems proper for the surviving Trustor's comfort, welfare and
happiness. In exercising discretion, our Trustee shall give the consideration that
our Trustee deems proper to all other income and resources then readily available
to the surviving Trustor for use for these purposes that are then known to our
Trustee.
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c. Right of Surviving Trustor to Withdraw Principal
Our Trustee shall pay to the surviving Trustor as much of the trust principal of the
Survivor's Trust as the surviving Trustor may from time to time demand in a
signed writing delivered to our Trustee.
d. General Power of Appointment
Upon the death of the surviving Trustor, our Trustee shall distribute all of the trust
property, including the trust principal and accrued and undistributed income, to
any person or entity and upon any trust, terms and conditions, or to or in favor of
the estate of the surviving Trustor as the surviving Trustor may direct by his or
her last will or living trust agreement. No exercise of this general power of
appointment shall be effective unless it refers to this trust agreement and expressly
indicates an intention to exercise this general power of appointment. Our Trustee
may rely upon any instrument admitted to probate as the last will of the surviving
Trustor in carrying out the terms of the power of appointment and shall not be
liable for any good faith act in reliance upon that will even if for any reason it is
later determined to be invalid with respect to its purported exercise of this power
of appointment. If our Trustee receives no notice of the existence of a will of the
surviving Trustor within six (6) months after the death of the surviving Trustor,
our Trustee may distribute the trust assets and income as though this power of
appointment had not been exercised and shall in that event be conclusively
presumed to have acted in good faith, even if a valid will is thereafter discovered.
Section 2.
Trustee's Discretion to Pay Debts and Taxes
The Survivor's Trust shall terminate upon the death of the surviving Trustor. Our Trustee, shall
hold, and administer the unappointed balance or remainder of the Survivor's Trust as follows:
a. Surviving Trustor's Debts and Taxes
Our Trustee in its sole discretion may pay all or any part of the survlVlng
Trustor's following expenses, debts, claims and taxes becoming due or payable by
reason of the surviving Trustor's death:
I. Final medical expenses and all funeral costs;
2. Legally enforceable claims against the surviving Trustor
or the surviving Trustor's estate;
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3. Reasonable expenses of administration of this trust and
the surviving Trustor's probate estate, if any;
4. Any allowances mandated by a court of competent
jurisdiction to those dependent upon the surviving
Trustor;
5. Any estate, inheritance, succession, death or similar
taxes payable by reason of the death of the surviving
Trustor; and
6. Any penalties or interest on any of the above claims,
debts or taxes owed by the surviving Trustor or the
surviving Trustor's estate.
Section 3.
Payment by Our Trustee or Personal Representative
Our Trustee in its sole discretion may make distributions authorized under this Article either
directly to the person or entities to whom payment is owed or to the personal representative of
the surviving Trustor's probate estate. Written statements by the surviving Trustor's personal
representative that such sums are due and payable by the estate shall be sufficient evidence of
their amount and propriety for the protection of our Trustee. Our Trustee shall be under no duty
to see to the application of any such payments made to the surviving Trustor's personal
representative.
Section 4.
Tax Elections
With regard to the payment of any income tax, gift tax, estate tax, inheritance tax or any other
tax required because of the death of the surviving Trustor, our Trustee shall have the right to
make any available elections allowed under the law. Our Trustee is authorized to sign and file
any tax return required because of the death of the surviving Trustor.
Section 5.
Administration of Survivor's Trust Remainder
After payment of debts, expenses and taxes, our Trustee shall hold and administer the
unappointed balance or remainder of the Survivor's Trust as provided in the Articles that follow.
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Article Nine
Family Trust
Section 1.
Rights of Surviving Trustor in the Family Trust
Our Trustee shall hold, administer and distribute the assets of the Family Trust as follows:
a. Payment of Income
Our Trustee shall pay to or apply for the benefit of the surviving Trustor, so long
as the surviving Trustor lives, the entire net income of the Family Trust in
monthly or other convenient installments agreed upon by the surviving Trustor and
our Trustee, but not less often than annually.
b. Discretionary Payment of Principal
At any time or times during the trust term, our Trustee shall pay to or apply for
the benefit of the surviving Trustor so much of the principal of the Family Trust
as our Trustee in its discretion deems proper for the surviving Trustor's health,
maintenance, support and education.
c. Guidelines for Trustees Discretion
No amount paid or applied need thereafter be repaid to our Trustee or restored to
our trust. In exercising discretion, our Trustee shall give the consideration that our
Trustee deems proper to all other income and resources that are known to our
Trustee and that are readily available to the surviving Trustor for use for these
purposes. Our Trustee shall accumulate and add to principal any net income not
distributed.
d. Limitation on Discretionary Payment of Principal by Trustee
We recommend, but it is not mandatory, that our Trustee shall first exhaust the
principal from the Survivor's Trust before making discretionary payments of
principal to the surviving Trustor from the Family Trust.
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e. Surviving Trustor's Right to Withdraw Principal
The surviving Trustor shall have the power to withdraw from the Family Trust
principal each calendar year those amounts that shall not exceed the greater of five
thousand dollars ($5,000) or five (5) percent of the assets, valued as of the end of
the preceding calendar year. The surviving Trustor shall exercise this power by
a written instrument signed by him or her and delivered to our Trustee. This
power is noncumulative and to the extent it is not exercised by the end of January
of each calendar year, it shall lapse. This power shall exist each year until the
death of the surviving Trustor.
Section 2.
Termination of the Family Trust
On the death of the surviving Trustor, the Family Trust shall terminate. All undistributed trust
assets, including any accrued and undistributed net income, shall be held, administered and
distributed in the Articles that follow.
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Article Ten
Common Pot Trust
After the death of the surviving Trustor, our Trustee shall not create a Common Pot Trust. All
trust property that has not been distributed under prior Articles of this trust agreement shall be
held, administered, divided, and distributed according to the provisions of the Articles that follow.
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Article Eleven
Division and Distribution of Trust Property
Section 1.
Division of Trust Property Into Shares
Our Trustee shall divide all trust property not previously distributed into separate shares as
follows:
Beneficiarv Name
Share
LOIS ANN NORRIS
100%
Section 2.
Distribution of Trust Shares for Our Beneficiaries
The trust share of each beneficiary named in Section I. of this Article who survives us shall be
held, administered and distributed as follows:
a. Distribution of Trust Share for LOIS ANN NORRIS
The trust share set aside for LOIS ANN NORRIS shall be held, administered and
distributed as follows:
1. Distributions of Net Income
Our Trustee shall immediately pay to, or apply for the
benefit of such beneficiary all accumulated net income, free
of the trust.
2. Distributions of Principal
Our Trustee shall immediately pay to, or apply for the
benefit of, LOIS ANN NORRIS all principal, free of the trust.
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3. Distribution on Death of Beneficiary
If such beneficiary should die before the complete
distribution of the trust share, such trust shall terminate and
our Trustee shall distribute one-half of the trust property to
such beneficiary's then living issue per stirpes, and one-half
of the trust property to such beneficiary's spouse, JACK
LEROY NORRIS, so long as he has not remarried. If such
spouse has remarried, that portion of the trust share shall be
distributed to such beneficiary's then living issue, per stirpes.
If such beneficiary has no then living issue, our Trustee shall
distribute the balance of the trust property, in equal shares,
to our great grandchildren.
Section 3.
Distributions to Underage or Disabled Beneficiaries
Notwithstanding any other provision in this trust agreement, if any person otherwise entitled to
receive a distribution of trust property is under 21 years of age or is mentally disabled or legally
incompetent as defined in Article Fifteen, it is our desire that the natural parent(s) of such
beneficiary serve as the Trustee of the trust share for such beneficiary in place of the Trustee
amed in Article Three of this trust agreement. The Trustee shall. retain and administer that
person's trust property for his or her benefit as follows:
a. Our Trustee's Discretion
Our Trustee may pay to or apply for the benefit of such beneficiary so much of
the net income and principal of the trust as our Trustee in its discretion deems
proper considering all other sources of income and resources available to such
beneficiary and known to our Trustee.
b. Payments Made to Beneficiary or Personal Representative
Our Trustee is authorized to make payments under this Section either directly to
the beneficiary, to the beneficiary's personal representative or to any other person
our Trustee may deem proper, to be used for the benefit of the beneficiary.
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c. Trustee's Decisions are Final
All decisions by our Trustee as to those it makes payment to, the purposes for
which these payments are made, and the amounts to be paid out of the trust are
within our Trustee's sole but reasonable discretion.
d. Undistributed Net Income
All undistributed net income shall be accumulated and added to the principal of
the trust.
e. Termination and Distribution
Our Trustee shall distribute the trust property to a beneficiary under this Section
when such beneficiary reaches age 21, or when he or she is no longer disabled as
determined by a court of competent jurisdiction, or upon certification by two
licensed physicians that such beneficiary is able to properly care for his or her
property and person.
f, Death of Disabled or Underage Beneficiary
Upon the death of a beneficiary under this Section, our Trustee shall distribute all
of such beneficiary's remaining trust share, including the trust principal and
accrued and undistributed income, to any person or entity and upon any trust,
terms and conditions, or to or in favor of the estate of such deceased beneficiary
as he or she may direct by his or her last will or living trust agreement. No
exercise of this general power of appointment shall be effective unless it refers to
this trust agreement and expressly indicates an intention to exercise this general
power of appointment.
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Article Twelve
Distribution if No Designated Beneficiaries
NONE
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Article Thirteen
Trustee Administration
Section 1.
Required Vote for Co-Trustees
a.
Trustors Serving as Co-Trustees
Unless otherwise provided in this trust agreement, if either one of us is serving as
a Trustee under this trust agreement, that Trustee may make decisions and bind
the trust in the exercise of all powers and discretions granted to us as Trustees
without the consent of any other Trustee.
b. Unanimous Vote for Two Trustees
If only two Trustees are serving other than the two of us, they shall act
unanimously in the exercise of all powers and discretions granted to them under
this agreement.
c. Majority Vote for More Than Two Trustees
At any time that there are more than two Trustees serving under this agreement,
they shall act by majority vote and any exercise of a power or discretion by a
majority of the Trustees shall have the same effect as an exercise by all of them.
d. Court Order Resolves Disputes
If the Trustees, other than the two of us, are not able to reach agreement on any
decision as set forth in this Section, they shall petition a court of competent
jurisdiction for instructions and shall take no action on the disputed matter until
a court order deciding the issue has been rendered.
Section 2.
Power to Delegate
Notwithstanding any other provision of this agreement, anyone or more of the Co-Trustees
serving under this agreement may from time to time delegate to another Co-Trustee or
Co-Trustees routine acts of trust administration.
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Section 3.
No Bond Required
No Trustee under this agreement shall be required to post any bond for the faithful performance
of its responsibilities.
Section 4.
Trustee Compensation
Our Trustee shall be entitled to reasonable compensation for services rendered payable without
the need for a court order. In calculating the amount of compensation customary charges for
similar services in the same geographic area for the same time period shall be used as guidelines.
Our Trustee shall also be entitled to reimbursement for reasonable costs and expenses incurred
during the exercise of its duties under this agreement.
Any corporate fiduciary shall be entitled to receive compensation for its services in accordance
with its published fee schedule in etlect from time to time.
Section 5.
Change in Corporate Trustee
Any corporate successor to the trust business of any corporate Trustee named under this
agreement or acting hereunder shall succeed to the capacity of its predecessor without re-
conveyance or transfer of trust property.
Section 6.
Power to Divide or Combine Trusts
Our Trustee shall have the power to divide a single trust into separate shares, each to be
administered in accordance with the terms and conditions of the single trust from which they
were created when our Trustee in its discretion determines that division is desirable or advisable
in view of tax considerations, including considerations related to the income tax, the gift tax, the
estate tax or the generation-skipping transfer tax or other objectives of the trusts and their
beneficiaries.
Our Trustee shall not be required to make a physical segregation or division of the various trust
shares created under this trust agreement except as segregation or division may be required by
reason of the termination and distribution of any of the trusts, but my Trustee shall keep separate
accounts and records for different undivided interests.
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Our Trustee in its discretion shall have the further power to combine two or more trusts having
substantially the same terms into a single trust for purposes of administration when tax or other
factors indicate that such combination would be desirable or advisable.
In deciding whether to combine trusts our Trustee should consider the generation-skipping
"inclusion ratio" of the trusts to be combined. Trusts having the same inclusion ratios may be
combined. Trusts having different inclusion ratios should generally not be combined unless their
inclusion ratios are maintained unchanged through substantially separate and independent shares
of different beneficiaries within the meaning of LR.C. Section 2654(b), and the applicable
regulations thereunder.
Specifically, our Trustee has the authority to allocate any portion of our respective exemptions
under Internal Revenue Code Section 263I(a) to property as to which we are the respective
transferors, including any property transferred by us during our lifetime as to which we did not
make an allocation prior to our death, and our Trustee has the authority to make the special
election under Internal Revenue Code Section 2652(a)(3). If Internal Revenue Code Section
2631(a) or 2652(a)(3) is not interpreted as to allow a Trustee to exercise such election, then our
respective personal representatives are authorized to allocate our respective exemptions and to
exercise the said special election.
If our Trustee considers that any distribution from a trust or share hereunder, other than pursuant
to a power to withdraw or appoint, is a taxable distribution subject to the federal
generation-skipping transfer tax payable by the distributee, our Trustee may increase the
distribution by an amount which our Trustee would estimate to be sufficient to pay that tax, and
shall charge the same against the trust or share to which the tax relates.
If our Trustee considers that any termination of an interest .in the trust property hereunder is a
taxable termination subject to the federal generation-skipping transfer tax, our Trustee may pay
that tax from the portion of the property to which the tax relates, without any adjustment of the
relative interests of the beneficiaries.
Section 7.
Termination of Small Trust
Our Trustee shall have the power in its discretion to terminate any trust created under this trust
agreement after the death of both Trustors whenever it becomes so small in relation to the costs
of administration as to make continuing administration uneconomical. Upon termination, our
Trustee shall distribute the principal and any accrued or undistributed net income to the income
beneficiaries in proportion to their shares of the income. If no fixed amount of income is payable
to specific beneficiaries, our Trustee shall distribute the principal and any accrued or undistributed
net income in equal shares to those beneficiaries who would then be entitled to income payments
from the trust.
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Section 8.
Limit on Trustee's Discretion
Notwithstanding any language purporting to confer absolute, sole or unrestricted discretion on our
Trustee in exercising any discretionary power with respect to this trust, our Trustee shall at all
times act in accordance with fiduciary principles and shall not act in bad faith or in disregard of
the purposes of our trust.
Notwithstanding any other provision in this trust agreement, no individual Trustee who is also
a beneficiary hereunder shall have any right, power, duty or discretion concerning this trust if
such right, power, duty or discretion conferred upon such Trustee under this trust agreement is
determined to be a general power of appointment under Internal Revenue Code Section 2041 or
2514 which would cause any assets of this Trust to be included in the estate of such
Trustee-beneficiary. Any such right, power, duty or discretion with such effect shall be null and
void with respect to such Trustee-beneficiary. No Trustee who is under a legal obligation to any
beneficiary of this trust or other person shall under any circumstances partake in any decisions
relating to any discretionary distributions of income or principal of this trust which can be used
for any such legal obligation to any such beneficiary or other person.
Section 9.
Written Notice to Trustee
Until our Trustee receives written notice of any death or other event which triggers the right to
payments from any trust created under this agreement, it shall incur no liability for distributions
made in good faith to persons whose interests may have been affected by such event.
Section 10.
Duty to Account
Our Trustee shall render accounts, upon request, to the income beneficiaries under this trust
agreement at least annually, at the termination of a trust created hereunder, and upon a change
in the Trustees in the manner required by law.
Section 11.
No Court Supervision
No trust created under this agreement shall require the active supervision of any state or federal
court.
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Article Fourteen
Trustee Investment Powers
Section 1.
Trustee's Powers
To carry out the purposes of the trusts created under this agreement and subject to any limitations
stated elsewhere in this instrument, our Trustee shall have all of the following powers in addition
to all of the powers now or hereafter conferred on Trustees by law:
a. Retention of Property
Our Trustee shall have the power to retain any property received into the trust at
its inception or later added to the trust without regard to whether the trust
investments are diversified as long as our Trustee considers that retention is in the
best interests of the trust or in furtherance of our goals in creating the trust.
Our Trustee shall have the power to invest and reinvest in any property that may
be considered by applicable state law to be underproductive or unproductive in
nature, and specifically to be exempt from any minimum income requirements
called for under local law.
b. Additions
Our Trustee shall have the power to receive additions to the assets of the various
trusts created under this agreement from any source.
c. Business Participation
Our Trustee shall have the power to terminate, to continue or to participate in the
operation of any business enterprise including a corporation, a sole proprietorship
or a general or limited partnership and to effect any form of incorporation,
dissolution, liquidation, reorganization, including but not limited to recapitalization
and reallocation of classes of shares or other change in the form of the business
enterprise or to lend money or make a capital contribution to any such business
enterprise.
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d. . Permissible Investments
Our Trustee shall have the power to invest and reinvest the assets of the trust as
our Trustee may determine to be in the best interests of the trust without limitation
by any law applicable to investments by fiduciaries. The permitted investments
and reinvestments may include securities such as common or preferred stock,
mortgages, notes, subordinated debentures and warrants of any corporation and any
common trust fund administered by a corporate fiduciary or other property real or
personal including savings accounts and deposits and interests in mutual or money
market funds or investment trusts, annuities and insurance whether or not such
investments are unsecured or of a wasting nature.
Our Trustee shall have the power to obtain, by purchase or by gift (or by
conversion, reissue, consolidation or by any other means), and hold as an asset of
this trust, policies of insurance on the life of either of us or any other beneficiary
of this trust. Our Trustee is authorized and empowered to exercise, either before
or after our death, all of the rights, options, elections or privileges exercisable in
connection with such policies. These rights and options should include, but not
be limited to, disability benefits, the right to borrow money with which to pay
premiums (or other charges) on any policy owned by this trust (including any
automatic premium loan feature) or for any other trust purpose, the right to elect
among settlement options offered by the insurance company which issued such
policy, the right to convert such policy to paid-up insurance, extended term
insurance or to any different form of insurance, and the right to arrange for the
automatic application of dividends in reduction of premium payments (or other
charges), with regard to any policy of insurance held in the trust estate.
e. Dealing with Property
Our Trustee shall have the power to acquire, grant or dispose of property including
puts, calls and options (including options on stock owned by the estate), for cash
or on credit, including maintaining margin accounts with brokers at public or
private sale upon such terms and conditions as the fiduciary may deem advisable
and to manage, develop, improve, exchange, partition, change the character of,
abandon property or any interest therein or otherwise deal with property.
Specifically, our Trustee shall have the power to use and expend the trust income
and principal to conduct environmental assessments, audits, and site monitoring
to determine compliance with any environmental law or regulation thereunder; to
take all appropriate remedial action to contain, clean up or remove any
environmental hazard including a spill, release, discharge or contamination. either
on our Trustee's own accord or in response to an actual or threatened violation of
any environmental law or regulation thereunder; to institute legal proceedings
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concerning environmental hazards or contest or settle any such legal proceedings
brought by any local, state or federal agency concerned with environmental
compliance, or by a private litigant; to comply with any local, state or federal
agency order or court order directing an assessment, abatement or cleanup of any
environmental hazards; to employ agents, consultants and legal counsel to assist
or perform the above undertakings or actions; and in general to take all
appropriate actions to prevent, identify, or respond to any actual or threatened
violations of any environmental law or regulation thereunder.
No Trustee under this trust agreement shall be liable for any loss or depreciation
in value sustained by this trust as a result of the Trustee retaining any property
upon which there is later discovered to be hazardous materials or substances
requiring remedial action pursuant to any federal, state or local enviromnentallaw,
unless the Trustee contributed to the loss or depreciation in value through willful
default, willful misconduct, or gross negligence. Moreover. no Trustee shall be
obligated to accept any property on behalf of this trust without first having the
opportunity to satisfy itself, in its sole discretion, that such property is not
contaminated by any hazardous or toxic materials or substances, and that such
property is not being used and has never been used for any activities directly or
indirectly involving the generation, use, treatment, storage. disposal, release, or
discharge of any hazardous or toxic materials or substances. Finally, such Trustee
shall have the power to disclaim any power which, in its sole discretion, will or
may cause such Trustee to be considered an "owner" or "operator" of property
held in our trust estate under the provisions of the Comprehensive Environmental
Response, Compensation and Liability Act (CERCLA), as amended from time to
time. This power to disclaim as contained herein shall apply to any such power,
whether actually set forth under this trust agreement, incorporated by reference
herein, or granted or implied by any statute or rule of law.
f. Borrowing Authority
Our Trustee shall have the power to borrow funds from any person including our
Trustee, guarantee indebtedness or indemnify others in the name of the trust and
to secure any such obligation by mortgage, pledge, security interest or other
encumbrance and to renew, extend or modify any such obligation for a term
within or extending beyond the administration of the term of the trust. No lender
shall be bound to see to or be liable for the application of the proceeds of any
obligation and our Trustee shall not be personally liable for any obligation.
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g. Leasing Authority
Our Trustee shall have the power to make, renew or amend for any purpose a
lease as lessor or lessee for a term within or beyond the term of the trust with or
without option to purchase.
h. Natural Resources
Our Trustee shall have the power to enter into any arrangement or agreement,
including a lease, pooling or unitization agreement for exploration, development,
operation, conservation and removal of minerals or other natural resources.
i. Voting Rights
Our Trustee shall have the power to vote a security in person or by general or
limited proxy, to participate in or consent to any voting trust, reorganization,
dissolution, liquidation or other action affecting any securities and to deposit
securities with and transfer title to a protective or other committee.
J. Title to Assets
Our Trustee shall have the power to hold secuntJes and other property in
negotiable form or in the name of a nominee (including "street name" of a broker)
or by deposit to a clearing corporation with or without disclosure of the Trustee
relationship, but our Trustee shall be responsible for the acts of any nominee or
clearing corporation in connection with the property.
k. Insurance
Our Trustee shall have the power to insure the assets of the trust against any risk
and our Trustee against liability with respect to third persons.
I. Settlement of Disputes
Our Trustee shall have the power to payor contest any debt or claim and to
compromise, release and adjust any debt or claim and to submit any matter to
arbitration.
m. Payment of Expenses
Our Trustee shall have the power to pay any taxes, assessments, reasonable
compensation of our Trustee and other expenses incurred in the collection,
management, care, protection and conservation of the trust property.
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n. Principal and Income
Our Trustee shall have the power to allocate items of income or expenditure to
either income or principal and to create reserves out of the income, all as provided
by law and to the extent not so provided to allocate or create reserves as our
Trustee in its discretion deems appropriate and our Trustee's decision made in
good faith with respect thereto shall be binding and conclusive on all persons.
Notwithstanding the preceding sentence, if the Survivor's Trust (or a share
hereunder) is the beneficiary or owner of a Retirement Account, income earned
after the participant's death in the account shall be income of the Trust or share,
and if our Trustee is required to pay all of the trust income to a beneficiary, our
Trustee shall collect and pay the income of the account to the beneficiary at least
quarterly (and to the extent that all of the income cannot be collected from the
account, the deficiency shall be paid from the principal of the trust).
o. Division of Trust
Our Trustee shall have the power to make any distribution or payment in kind or
in cash or partly in kind and partly in cash and to cause any share to be composed
of cash, property or undivided interests in property different in kind from any
other share, either pro rata or non pro rata, without regard to differences in the tax
basis of such property and without the requirement of making any adjustment of
the shares by reason of any action taken pursuant hereto.
Any division, allocation, apportionment or valuation of the property to distribute
the assets to or among any of the trusts or beneficiaries shall be made by our
Trustee and the good faith determination of our Trustee shall be binding and
conclusive on all parties.
p. Merger of Trust
If at any time the Trustees are Trustees of two or more Trusts or Shares with
substantially the same terms and benefiting the same beneficiaries, created
hereunder, or under any other instrument by the Trustors or by any other person,
the Trustees may commingle the assets of such Trusts or Shares and hold them as
a single Trust or Share.
q. Litigation
Our Trustee shall have the power to prosecute or defend actions, suits, claims or
proceedings for the protection or benefit of the trust and our Trustee in the
performance of our Trustee's duties.
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r. Employment of Agents
Our Trustee shall have the power to employ agents, including attorneys,
accountants, investment advisors, custodians, appraisers or others, to advise or
assist our Trustee and to delegate to them fiduciary powers and to indemnify them
against liability for positions taken in good faith and with reasonable basis.
s. Corporate Fiduciary
If any stock of a corporate Trustee or of any affiliate or successor of a corporate
Trustee shall be included in the assets of the trust, the Trustee shall have full
authority in the Trustee's sole discretion and notwithstanding any regulation or
rule of law to the contrary to retain the stock and any increases resulting from
stock dividends and stock splits and from the exercise of purchase rights and the
purchase of fractional shares needed to round out fractional share holdings that
may arise concerning the stock. The Trustee shall vote the stock either directly
or by proxy, except to the extent the Trustee is prohibited by law from voting the
stock, in accordance with the written instructions of a majority of the living
beneficiaries then entitled to current distributions of income or their personal
representatives. In the event there are no eligible beneficiaries to give instructions,
the Trustee is authorized to vote the stock in the best interests of the beneficiaries,
in view of the purposes for which the trust was created.
t. Investment Transactions
With regard to record keeping for investment transactions, our Trustee need not
provide copies of confirmations or similar notifications each time a trade or
investment transaction occurs, but investment transactions shall be set forth in our
Trustee's periodic accounting.
u. Repairs and Improvements
Our Trustee shall have the power to make ordinary or extraordinary repairs or
alterations in buildings or other structures, to demolish any improvements, to raze
existing or erect new party walls or buildings.
v. Business Personnel
Our Trustee shall have the power to elect or employ directors, officers, employees,
partners or agents of any business and to compensate such persons, whether or not
any such person is a Trustee, director, officer, partner or agent of a Trustee or a
beneficiary of the trust.
14-6
w. Farm or Ranch Property
With respect to farm or ranch property, our Trustee shall have the power to
participate in and operate any farming (including tree farming) or ranch operation
personally or with hired labor, tenants or sharecroppers to lease any farm for cash
or a share of crops under a lease which permits or precludes the material
participation of our Trustee to fertilize and improve the soil, to employ
conservation practices and to participate in government programs and to perform
any other acts deemed necessary or desirable to operate the property. In making
a decision whether to materially participate in farming or ranch operations, our
Trustee shall consider whether an election should be made or has been made under
IRC S 2032A to qualify for special farm-use valuation.
x. Ancillary Trustees
If, for any reason, our Trustee deems it advantageous to act through an ancillary
Trustee, our Trustee may designate an ancillary personal representative or Trustee
qualified to serve in the jurisdiction where such ancillary Trustee is to act and may
delegate to such ancillary Trustee such of the powers granted under this agreement
as our Trustee deems advisable without being chargeable with loss if any arising
out of such designation or delegation. Our Trustee may specify whether any
corporate Trustee or any person or persons acting in an ancillary capacity
hereunder shall serve with or without bond. Except as may be otherwise
specifically provided, no ancillary Trustee need comply with the provisions of any
Uniform Trustee's Accounting Act, the Uniform Trust Act or similar acts in force
in any state where the fiduciary may be acting.
y. Retention of Closely Held Interest
Our Trustee shall have the power to retain any real estate interests, closely held
securities or affiliated companies or business interests, and to sell or dispose of
such interests only after careful consideration and after determining that sale or
disposition is in the existing circumstances in the best interests of the trust or its
beneficiaries.
If at any time, this tmst holds any stock in an S corporation, and our Trustee
deems it appropriate for such corporation to maintain its Subchapter Selection,
our Trustee may take all of the necessary actions to segregate the S corporation
stock and assets of this trust, and in our Trustee's sole but reasonable discretion,
and otherwise consistent with the terms of this trust to the greatest extent possible,
may form new trusts and may amend the terms of this trust agreement as would
be necessary to establish Qualified Subchapter S Trusts to hold the said S
corporation stock and assets in compliance with Internal Revenue Code Sections
1361(b) and 1361(d)(3).
14-7
z. Exercise of Authority
Except as otherwise provided in this agreement, our Trustee shall have the power
to do all acts that might legally be done by an individual in absolute ownership
and control of property.
aa. Powers of an Interested Trustee
Any Trustee who has an interest as a beneficiary in our Trust Agreement or any
trust created by it shall be an interested Trustee. In all instances where an
interested Trustee distributes or participates in the distribution of trust income or
principal to or for the benefit of such Trustee which is limited by any standard
other than the standards of education, health, maintenance and support, then the
distribution shall be limited by the ascertainable standards of education, health,
maintenance and support.
14-8
Article Fifteen
General Provisions
Section 1.
Spendthrift Protection
Neither the principal nor the income of any trust created or contained under our Trust
Agreement shall be liable for the debts of a beneficiary nor shall the same be subject to seizure
by any creditor of any beneficiary under any lien or proceeding at law or equity. Except to the
extent otherwise expressly provided in our Trust Agreement, no beneficiary shall have the
authority or power to sell, assign, transfer, encumber or in any manner to dispose of a beneficial
interest whether income or principal. The limitations herein shall not restrict the exercise of any
power of appointment or the right to disclaim by any beneficiary.
Section 2.
The Rule Against Perpetuities
Unless sooner terminated or vested in accordance with other provisions of our Trust Agreement,
all interests not otherwise vested including but not limited to all trusts and powers of
appointment created hereunder shall terminate one day prior to twenty-one (21) years after the
death of the last survivor of the group composed of us and our lineal descendants living on the
date of the death of the first of us to die. At that time, distribution of all principal and all
accrued, accumulated and undistributed income shall be made to the persons then entitled to
distributions of income or principal and in the manner and proportions herein stated irrespective
of their then attained ages.
Section 3.
Incapacity
A person shall be considered incapacitated in the event such person has been determined to be
legally incompetent by a court of competent jurisdiction; has been certified to be unable to
property handle his or her own affairs by reason of physical illness or mental illness; or is
unable freely to communicate for a period of 90 days.
Section 4.
Income and Principal Payments
All payments of income or principal shall be made in such of the following ways as our Trustee
determines appropriate:
15-1
a.
b.
c.
d.
e.
f.
g.
Section 5.
To each respective beneficiary in person upon his or her personal
receipt;
Deposited in any bank to the credit of such beneficiary in any account
carried in his or her name or jointly with another or others;
To the parent or legal representative of the beneficiary;
To a Custodian under a Uniform Transfers to Minors Act or Uniform
Gifts to Minors Act selected by our Trustee for such period of time
under applicable law as our Trustee determines appropriate;
To some near relative, friend or institution having pnmary
responsibility for the care and custody of the beneficiary;
By our Trustee using such payment directly for the benefit of such
beneficiary; or
To the Trustee of any revocable trust of which the beneficiary is the
Trustor.
Limit on Trustee's Discretion
Notwithstanding any other provision in our Trust Agreement, other than a Surviving Trustor
with respect to a Survivor's Trust, no individual Trustee who is also a beneficiary hereunder
shall have any right, power, duty or discretion concerning our Trust Estate if such right, power,
duty or discretion conferred upon such Trustee under our Trust Agreement is determined to be
a general power of appointment under Code Section 2041 or 2514 which would cause any assets
of our Trust Estate to be included in the estate of such Trustee-beneficiary. Any such right,
power, duty or discretion with such effect shall be null and void with respect to such
Trustee-beneficiary. No Trustee who is under a legal obligation to any beneficiary of our Trust
Agreement or other person shall under any circumstances partake in any decisions relating to
any discretionary distributions of income or principal of our Trust which can be used to
discharge any such legal obligation of such Trustee.
Section 6.
No-Contest Clause
If any person or entity, other than us, singularly, or in conjunction with any other person or
entity, directly or indirectly, contests in any court the validity of our Trust Agreement, including
any amendments thereto, then the right of that person or entity to take any interest in our Trust
Estate or to act in any fiduciary capacity shall cease, and that person (and his or her
descendants) or entity shall be deemed to have predeceased us.
15-2
Section 7.
Disclaimer by Beneficiary
A beneficiary shall be entitled to accelerate any distribution to the beneficiary or to terminate
his or her trust interest and thereafter receive outright distribution by use of a disclaimer.
Section 8.
Captions
The captions of Articles, Sections and Paragraphs used in our Trust Agreement are for
convenience of reference only and shall have no significance in the construction or interpretation
of our Trust Agreement.
Section 9.
Severability
Should any of the provisions of our Trust Agreement be for any reason declared invalid, such
invalidity shall not affect any of the other provisions of our Trust Agreement, and all invalid
provisions shall be wholly disregarded in interpreting our Trust Agreement.
Section 10.
Statutory Fteferences
Unless the context clearly requires another construction, each statutory reference in our Trust
Agreement shall be construed to refer to the statutory section mentioned, related successor
sections and corresponding provisions of any subsequent law including all amendments.
Section 11.
Simultaneous Deaths
For purposes of our Trust Agreement, if we die under circumstances in which the order of our
deaths cannot be established, the Trustor with the smaller taxable estate shall be deemed to have
survived the Trustor with the larger taxable estate. If both of our taxable estates are equal, the
Husband Trustor shall be deemed to be the survivor.
If any beneficiary under our Trust Agreement and either or both Trustors die under
circumstances in which the order of deaths cannot be established, the Trustors or Trustor shall
be deemed to have survived the beneficiary and our Trust Agreement shall be construed
accordingly.
15-3
Section 12.
Gender and Number
In our Trust Agreement where appropriate except where the context otherwise requires, the
singular includes the plural and vice versa and words of any gender shall not be limited to that
gender.
Section 13.
Governing State Law
Our Trust Agreement and the trusts created under it shall be construed, regulated and governed
by and in accordance with the laws of the Commonwealth of Pennsylvania.
Section 14.
Definitions
The following terms as used in this Trust Agreement are defined as indicated:
a. Beneficiary Designation
The term "Beneficiary Designation" means any document executed by a Trustor
which affects the manner of payment of amounts held in a plan (of whatever type)
subject to the distribution rules of section 401(a)(9) of the Code, or any
commercial annuity or any similar deferred payment arrangement.
b. Code
The term "Code" means the Internal Revenue Code of 1986, as amended from
time to time. The terms "gross estate," "adjusted gross estate," "taxable estate,"
"unified credit," "state death tax credit," "maximum marital deduction," "marital
deduction," and any other form which from the context in which they are used
refer to the Code, shall have the same meaning as such terms have for the
purposes of applying the Code to our Trust Agreement.
c. Child, Children, Issue and Descendants
The terms "child" or "children" means lawful blood descendants in the first
degree of the parent designated: and "issue" and "descendants" mean the lawful
blood descendants in any degree of the ancestor designated provided, however,
that if a person has been adopted, that person shall be considered a child of such
adopting parent and such adopted child and his or her issue shall be considered
as issue of the adopting parent or parents and of anyone who is by blood or
15-4
adoption an ancestor of the adopting parent or either of the adopting parents. The terms
"child," "children," "issue," "descendant" and "descendants" or those terms preceded by
the terms "living" or "then living" shall include the lawful blood descendant in the
appropriate degree of the ancestor designated even though such descendant is born after
the death of a parent.
d. Death Taxes
The term" death taxes" means all inheritance, estate, succession and other similar
taxes that are payable by any person on account of that person's interest in the
estate of the decedent or by reason of the decedent's death, including penalties
and interest but excluding the following:
1. Any addition to the federal estate tax for any "excess
retirement accumulation" under Code Section 4980A;
2. Any additional tax that may be assessed under Internal
Revenue Code Section 2032A; and
3. Any federal or state tax imposed on a generation-
skipping transfer, as that term is defined in the federal
tax laws, unless that generation-skipping transfer tax is
payable directly out of the assets of a trust created by
our Trust Agreement.
e. Deceased Trustor
The term "Deceased TlUstor" means a TlUstor who has died.
f. Education
The term "education" shall be given broad interpretation and may include but not
be limited to:
1. High School
Education at public or private elementary or high schools,
including boarding schools.
15-5
2. College
Undergraduate and graduate study in any and all fields
whatsoever, whether of a professional character in colleges
or other institutions of higher learning.
3. Specialized Training
Specialized formal or informal training in music, the stage,
the handicrafts, the arts, or vocational or trade schools
whether by private instruction or otherwise.
4. Other Educational Activities
Any other activity including foreign or domestic travel
which shall tend to develop fully the talents and
potentialities of each beneficiary regardless of age.
g. Heirs at Law
References to someone's "heirs at law" mean individuals, who are living at the
event when property is directed to be distributed to them. Those individuals'
identities, and the shares of the distributable property which they each receive,
shall be determined under the intestacy laws of the Commonwealth of
Pennsylvania which then govern the distribution of the personal property of a
resident dying then, without creditors, owning only the distributable assets.
h. Personal Representative
The term "Personal Representative" means trustee, executor, executrix,
administrator, administratrix, conservator, guardian, custodian or any other type
of personal representation.
15-6
i. Per Stirpes
In every case in which a disposition of an interest is to be made to the issue of
a person "per stirpes" it is intended that such disposition shall be made in
accordance with the principle of representation. This principle in relation to our
Trust Agreement means that whenever property is to be distributed to the issue
of a person such property shall be divided into as many shares as there are, at the
time of disposition, living issue in the nearest degree of kinship to such person
and then deceased issue in the same degree who left issue who are then living,
each then living issue in the nearest degree receiving one share and the share of
each then deceased issue in the same degree being divided among his or her issue
in the same manner.
j. Surviving Trustor
The term" Surviving Trustor" means a Trustor who survives a Deceased Trustor.
k. Trust Estate
All of the property, real and personal, intangible and tangible, which has been
transferred to our Trustee, whether or not listed on any Exhibits.
I. Trustee's Discretion
The term "discretion" with regard to a Trustee means such Trustee's sole but
reasonable judgment. In exercising any discretionary power with respect to our
Trust, our Trustee shall at all times act in accordance with fiduciary principles
and shall act reasonably under the circumstances and not in bad faith or in
disregard of the purposes of our Trust.
m. Unused Generation Skipping Tax Exemption Equivalent
The term "Unused Generation Skipping Tax Exemption Equivalent" means the
generation-skipping transfer tax exemption provided in section 2631 of the Code
in effect at the time of death of a Trustor, reduced by the aggregate of (1) the
amount, if any, of such exemption allocated by a Trustor or by operation of law
to a Trustor's lifetime transfers and (2) the amount, if any, a Trustor or a
Trustor's Personal Representative or a Trustee has specifically allocated to
property other than property to which such exemption is directed to be allocated
by any applicable provision of our Trust Agreement.
15-7
For purposes of our Trust Agreement, if at the time of death of a Trustor, such
Trustor has made lifetime transfers of property to which an inclusion ratio of
greater than zero would be applicable and for which the gift tax return due date
has not expired (including extensions) and a return has not yet been filed, it shall
be deemed that the generation-skipping transfer exemption has been allocated to
such transfers to the extent necessary and possible to exempt such transfers from
generation-skipping transfer tax.
n, Unused Unified Credit Equivalent
The term "Unused Unified Credit Equivalent" means that the value of a Deceased
Trustor's taxable estate determined without regard to the marital deduction which
can be transferred at death without causing any federal estate tax liability because
of:
1. Any available Unified Credit,
2. The Credit for State Death Tax to the extent it does not
increase the amount of death taxes payable to any state,
3. The Credit for Prior Transfers,
4. Allowable exclusions from the Taxable Estate;
and which is in excess of the net value of all property includable in the taxable
estate of a Deceased Trustor which does not qualify for the marital deduction or
any other deduction and which passes outside of this Trust (whether by way of
joint tenancy, life insurance contract, will, or otherwise) and under other
provisions of our Trust.
-
We have executed our Trust Agreement on the date set forth on the first page of our Trust
Agreement.
We certify that we have read our Trust Agreement and that it correctly states the terms and
conditions under which our Trust Estate is to be held, managed and disposed of by our Trustee.
We approve this revocable living trust in all particulars and request our Trustee to execute it.
.1 . 1. '"
tit I , <PflJ/'~~ ~~OH"; /--!L-
cJ JOHN PHILLIP MI 'NICH, Trustor
~ 7n~~L
BEATRICE MINNICH, Trustor
~~h p:/gt:~ /t2~AL~~J
. JOHN PHILLIP M1NNICH, Trustee
j{A~ 7rJ~~L
T
BEATRICE MINNICH, Trustee
15-8
STATE OF PENNSYLVANIA
)
SS
COUNTY OF DAUPHIN
On this the 1()rP-' day of , 1997, before me, [fliJtJ/f l FEffP{m'?"c , the
undersigned officer, pers nally appeared JOHN PHILLIP MINNICH and BEATRICE MINNICH,
Trustors, known to me (or satisfactorily proven) to be the persons whose names are subscribed
to the within instrument and acknowledged that they executed the same for the purposes therein
contained.
In witness whereof I hereunto set my hand and official seal.
\,J'
,~d.....
Notary Public
;f. J -dW-1-)t/J
Title of Officer
eal
Linda L. Fetterhoff, Notary PUblic
Derry Twp., Dauphin county
My Commission Expires Nov, e, 1999
Member, ennsylvallla Assocletlon 01 otanea
STATE OF PENNSYLVANIA
)
SS
COUNTY OF DAUPHIN )
On this the /()'(J~ day of JL"u , 1997, before me, [//l/tJIJ-" {i-I7?'1?/ItJ/r, the
undersigned officer, pers~ared JOHN PHILLIP MINNICH and SEA TRICE MINNICH,
Trustees, known to me (or satisfactorily proven) to be the persons whose names are subscribed
to the within instrument and acknowledged that they executed the same for the purposes therein
contained.
In witness whereof I hereunto set my hand and official seal.
Xhrdv j! J~
Notary Public
Notanal Seal
Linda L. Fe<<erhoff, Notary Public
Derry Twp., Dauphin County
My Commission Expires Nov. 8. 1999
Member, Pennsylvania ASSOCiation 01 Notaries
Title of Officer
15-9
j-J
['{)7 j~
G
/()-;:;;. ~ U:J:J/- I-:J.
::J/"iJ indenture, made
::Deed
rR.
the ;Cr day
of June, in the year
ninety-seven (1997),
of
our Lord one thousand nine hundred and
Between
John P. Minnich and Beatrice Minnich, husband and wife, of
Cumberland County, Pennsylvania, Grantors
and
John P. Minnich and Beatrice Minnich, Trustees, or their
successors in trust, under the John P. Minnich and Beatrice
Minnich, Living Trust dated June 10, 1997, and any
amendments thereto, Grantee
1{htne~~et/", That the Grantors, for and in consideration of
the sum of One and No/I00 ($1.00) Dollars, lawful money of the
united states of America, unto them well and truly paid by the
Grantee at or before the sealing and delivery hereof, the receipt
whereof is hereby acknowledged, have granted, bargained and sold,
released and confirmed, and by these presents do grant, bargain
and sell, release and confirm unto the Grantee, its successors
and assigns.
ALL THAT CERTAIN lot of land situate in the Township of
Hampden, County of Cumberland, state of Pennsylvania, more
particularly bounded and described on Exhibit "A" attached
hereto.
BEING the same prEmises ~lhich James. E_ pennoyer and Marian
J. pennoyer, husband and wife, by Deed dated October 19, 1962,
and recorded October 22, 1962, in Deed Book R-20, Page 304, in
the Office of the Recorder of Deeds in and for Cumberland County,
Pennsylvania, granted and conveyed unto John P. Minnich and
Beatrice Minnich, husband and wife, the Grantors herein.
UNDER AND SUBJECT to all restrictions, easements, covenants,
conditions and agreements of record.
TOGETHER with all and singular the buildings and
improvements, ways, streets, alleys, passages, waters, water-
courses, rights, liberties, privileges, hereditaments and
appurtenances, whatsoever unto the hereby granted premises
belonging, or in any wise appertaining, and the reversions and
remainders, rents, issues and profits thereof; and all the
"0'" 1;:- (I. 'il'Lt""'
U VI\ ;J~ l'i.v.. . ~
estate, right, title interest, property, claim and demand
whatsoever of them, the Grantors, as well at law as in equity,
of, in and to the same.
TO HAVE AND TO HOLD the said lot or piece of ground above
described, with the messuage or tenement thereon erected,
hereditaments and premises hereby granted, or mentioned and
intended so to be, with the appurtenances, unto the Grantee, its
successors and assigns, to and for the only proper use and behoof
of the Grantee, its successors and assigns, forever.
AND the Grantors, for themselves, their heirs, personal
representatives and assigns, do covenant, promise and agree, to
and with the Grantee, its successors and assigns, by these
presents, that they, the Grantors, their heirs, personal
representatives and assigns, all and singular the hereditaments
and premises hereby granted or mentioned and intended so to be,
with the appurtenances, unto the Grantee, its successors and
assigns, against them, the Grantors, their heirs, personal
representatives and assigns, and against all and every person and
persons whomsoever lawfully claiming or to claim the same or any
part thereof, by, from or under him, her, them or any of them,
shall and will, Subject as aforesaid, WARRANT and forever DEFEND.
~ wifneJJ whereojP, the Grantors have hereunto set their
hands and seals. Dated the day and year first above written.
Sealed and Delivered
in the Presence of:
rL"' ,",
'__' \."--- _,CI.
vU
" , ('
( tu-~__\
l ~/ VI;. /i/. ,:,/, ......1.
.-';'1/1 './//1;(. '1//' , _" .
J9hn P. M' nlc
-U"'e- /;~~
'Beatrice Minnich
(SEAL)
o...~ ~-"J~.\
: _:r
\:::X~>\
(SEAL)
/? f" II. . fJ If) . I
Ler ifLCale ot l<..eJuionce
I hereby certify that the precise residence of the Grantee
herein is as follows:
c/o John P. Minnich and Beatrice Minnich, Trustees
4806 East Trindle Road, Mechanicsburg, PA 17055
~E.~
Attorney for Grantees
-2-
Boor :;'53 p,',G,1ii3
Acknow!e4emenf
COMMONWEALTH OF PENNSYLVANIA
55
COUNTY OF DAUPHIN
/"J:tu
On this, the V day of June, 1997 before me, a Notary
Public in and for the Commonwealth of Pennsylvania, the
undersigned officer, personally appeared John P. Minnich and
Beatrice Minnich, husband and wife, known to me (or
satisfactorily proven) to be the persons whose names are
subscribed to the within instrument and acknowledged that they
executed the same for the purposes therein contained.
~,\""P'~I_IU'1:.v.,
''''''''~'\1i!~~:''/~
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....:- - ---,.~ - , '9'-~
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'h ";::"'..-;;;,.,;,:,... <<'
~~.:?~Y~':;Jy'~n;,~;.'
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""~:,..",~a~~.,,
';.%~~;r+~~~;t~if:~
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':.;;,y-';;:,:1f.,d..~~""'-
IN WITNESS WHEREOF, I hereunto set my hand and official
t:'Kdv ,i? J&iai/<-<,;JI)
Notary Public
Notarial Seal . CD ..
Linda L. Fetterhoff, N~t~~~n~~liG ..
--' . ~
Derry Twp., DauphIn N 8 j 999 c- .- .
My Commission ExpIres QV., . = ~, .
.-:~ "
MernMr, PfH1I1sylIJania ASSOCIatIOn 01 Notanes - -' .~
.
:"'.: _.
U"i >- - ~
- "
-
55:
COMMONWEALTH OF PENNSYLVANIA
RECORDED in the Office of the
Cumberland County, in Record Book
Recorder
,1<;{
of Deeds in
, Page 1\\ c:..
d<:J
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anWoJ:::, (f> .'
po
COUNTY OF CUMBERLAND
c:1 WITNESS m~ hand
)'-Q... ~I fll
and official seal this
day of
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~ RE~O ER OF DEEDS
-3-
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OVo\ ..i.cJJ ,;~;: .1..
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EXHIBIT "A"
nECIli/lINO at an iron pin In the loutl,.rn rl~ht-of-ay line of th.; Trindl.
Spring Ro.\d, ..hieh point 11 north si:xty-.i~ht (G8) degnu fl.fty-t",o.l11inutu (~:1)
aut one hundrod forty-au and dellt tenths (H6. a) hot (ran ,l,. InUrnet10n of
s.id richt-ot...,ay line ...ith tho ....urn ~ounda1J line af land. nen< or l&t. of
Oeorgo ~. Schlo'dtur and HargarotT!Il1l'lar Hipplel nl~CE alone laid Trinill.
Spring I'o.d north lixt,'-dgt.t (G8) dogroos !1!ty-t'oto (S~) minut.. ea.t one' hllndJ'.dl
THY.~CF. alon~ 11ne' of land. nOW \
j
denn ",d t1:roe tonth. (lll.J) hot to a point;
or lata of Jonph Hol.ovith and &volyn Hakov!.h,' hi. 'fif., '<Nth t".ney-on."{U)
detr.oe eight (a) ..ihutu .ut one hundred forty-nine (149)' foet te & peintl'
!
of land. nw or 1.... 0(. Coor!:" ~. 3elll'oi t..r Ind Marr..r.. Hi'Pple,
.TlmMe::: alone line
.outh sixty-eight (68) de&rO"8 fifty-t'oto (lZ) minute. ..08t' ninotr-'11"" and fly.
tonth.' (99.S) het to a point; TlIE:lCZ alon~ landa late of SehveiUor and Hipple.
(nn.... of Hobert E. 7r...n and Ruth fr...dn1an h/v) north ty"nty-Clve (%.5) doCr'8Ii
t"onty-thro.. (23) minute. ....t one hundrid fifq (BO) re..t. to tile ,lac. :ot
1lI,OINNINO.
eoo~ 159 F.\c,1ii5
. .'
!l allflrst
January 18, 2002
Allfirst Financial Center N.A.
P. () Box 900
MiIlshoro. DE 19966
Susan E. Lederer Law Office
4811 Jonestown Road, Suite 226
Harrisburg, PA 17109
Dear Ms. Lederer:
RE: Estate of John Phillip Minnich
Date of Death: October 22,2001
Social Security Number: 177-16-1945
In response to your request, please be advised that at the time of death, the above-
named decedent had on deposit with this bank the following accounts.
1. Account Type.... ....................... Certificate of Deposit/9 MOS/4.520000
Account Number. ......... ... .......... 80000002180162
Ownership (Names of}............... J P & B Minnich Liv.Trust dtd 6/10/97; John Phillip
Minnich & Beatrice Minnich, Trustees
Opening Date.... ... .................... 04/30/99
Balance on Date ofDeath.........$ 49,785.39
Accrued Interest
$
141.80
Total................................... ....$ 49,927.19
2. Account Type. ........... ... ............ Certificate of Deposit/22 MOS/5.100000
Account Number..... .................. 87008140669601
Ownership {Names of}............... J P & B M.innich Liv.TnlSt dtd 6/10/97; John Phillip
Minnich & Beatrice M.innich, Trustees
Opening Date........................... 01/27/97
Balance on Date ofDeath.........$ 2,070.13
Accrued Interest
$
7.52
Tota!.................... ..................$ 2,077.65
, .'
. Page 2
January 18, 2002
"TIris response does not apply to any assets held with Allfirst Brokerage, where Allfrrst Bank is serving as a trustee,
nor to any credit cards ovmed by Bank of America bearingAllfirst Bank's name,"
If you have any further questions on these accounts, please contact the branch of
record: 3045 Market Street, Camp Hill, PA 17011, telephone 717-255-2279.
Sincerely,
~t? ~~
Mary Anne Macielag
Associate IjCIS
(302) 934-2240
, .' ANGINO & }{OVNER, P.C.
45cn Norrllt FRONT STRHT
IIARH.!"nt.IR(;, "^ 1711(l.]70R
R1CIl/\RO C. AN(;INO
NEil]. ROVNER
IOSf:l'l1l\l.I>IEULLo
TEHlty S. IIY"IAN
I)A\'IO L. Luu
t-IICIl,\EL E. I(n<;fK
H1CII^H11 A. SADIJ1CI<
.loSEr-II 1\1. J)(lIUA
J^"IESJ)fT1NTI
JOAN L STElHIL/\K
717/11fl-{i791
FM': 7 I 7/21,q.Sfi 10
WW\\' .AN( ;lNfHH l\'NEH.C<)M
E-"'AlI., DLurzf<DAN(;[Nn.RovNEH.C(l,,\
BEATRICE MINNICI/. ~J>I\1JCiISJRA nux OF TilE ESTATE OF JOHN 1'. MINNICH v. t1ARTMAN
CONCRETE. m.e. ~N)) R. L. LIVINGSTON EXCAVATION AND PAVING, INC.
DISTRIBUTION SHEET
TOTAL AMOUNT or SETTI JMINI
$7.252.18
DEDUCTIONS:
Attorney's Fee (30(j~d
$2.176.66
B(llflllCe
$5.07522
Reimhurse11lent orexpcllscs p;lid 11...., atl(lrneys
to others for records, e:'\ perLs. ete.
$ 870.79
Balance
$4.204.7J
Escrow for repayment or f\1edicilre liell
$ 488.19
Balance
$3.716.54
PLUS: rEE CONCESSIUN AND INTEREST EARNED
$
3,46
BALANCE TO CLlENI
$3.72000
fiNAL DIVISION:
Attorney's ree
Client's Balance
Reimbursement of Expcllses
Escrow
$2.17l.20
$3.72000
$ 870.79
$ 488.19
WARRANTY
AND NO\~l, this __d:1V or .2002, we ncknowledge Ihelt we Iwve read, understood,
approved and obtained a copy "I' Ihis lJislribulion Sheet. We rurther acknowledge tlwt the nbove balnnce constitutes illY
total reimbursement for medical expenses, wage losses, p<lin and suffering and allY other losses sustained or claims
resulting from Ollr accident. \Ve W<lrnlllt 111:11 if there are llllY outstanding medical bills or clnims other than as set forth
above. they will be our responsibility: wc fl,r'her warl'OnlllHlt we will poy ony outstanding Blue Cross. Blue Shield. Public
Assistance. Medicare/Medicaid. medicd slIhrogiltion liens or <lilY other liens <1Ile! expenses not noted anove.
.,
,-" 11 .', 1 ,1
k~)"",~c_~.(,;:;;(.~~Zc';;:'"~"/d.~td~_1_i:{;,c:f",::="_","~,.,,,..
11FATI( IC.T: ~ IINNIClI. Adlllinislmtrix
(lfthe Fst<l1e or.lohll P. Minnich
WITNI:SS
, . I .
o PNCBROKERAGECORP
Thursday, November 29, 2001
Attorney Susan E. Lederer
4811 Jonestown Road
Suite 226
Harrisburg, PA 17109
Re: Trust Estate of John P. Minnich SS#: 177-16-1945
Date of Death: 10/22/2001
Dear Attorney Lederer:
. Brokerage Account 6191-4334:
1. The exact title and description of the account:
As of date of death:
TRUST OF JOHN PHilLIP MINNICH
BEATRICE MINNICH &
lOIS ANN NORRIS TTEES
New title:
JOHN PHilLIP MINNICH AND
BEATRICE MINNICH SURVIVORS TR
BEATRICE MINNICH TTEE
LOIS ANN NORRIS SUCC-TTEE
2. Date on which the account was established:
06/24/1997
A PNC Bank Company
9 West Chocol~te AV{'Ill!c Her-silty Pennsylvi'lllia 11033
www.pncbi.lnk.com
Important Investor Information: Scnllitie, hrokerayc ;lIId ull1<'1" produrls alld srrvin ';;J)'(' providf'd uy PNC Blokeraqr
Corp, <l fe9is1cred iJrokl'r-dt';lln <Jilt! 11H'lIlbn sire PNC Bmkt'I;HW Corp is.l Sllb5idi,ny or PNC tJ.lIlk, Naj'lJllal AS5ociati()Il,
which is Ilot a broh'l'-de;J1c1
f[[iIj. :M;y l.ose Vitlue
g .NoBankGuaralltee
. .' f
3. Date of death value of the account:
Please see the attached report. Please note that only one security,
International Speedway Corp (ISCA), had a reported high / low price. If you
need it, on 10/22/2001 it was as follows:
High: $39.47
Low: $38.31
4. There was no other interest accrued or dividends declared as of the date
of death.
. Bank Accounts:
DATE OF DEATH BALANCE + ACCRUED INTEREST
Interest Checking Acct
#5070072395 $149.35
#5000017999 $4,475.98
+
$0.00
$0.00
Money Market Direct
+
Interest Checking Acct #5070072395 opened on 12/23/1991- official title John P Minnich
or Beatrice Minnich
Money Market Direct #5000017999 opened on 12/11/1995- official title John Phillip
Minnich LVG Trust John & Beatrice Minnich Ttees
Note:
There was no change in ownership on any of the above accounts in the year prior to
date of death.
Please do not hesitate to contact me if I can provide you with more information.
Sincerely,
. ~(tVY\A
Glen Morrison
Sales Assistant
Tel: 717-534-3265
Fax: 717-534-3231
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FROM RE5ERRCH
TO 917175343231
PRGE.002
. .' I
ESTATE OF PHILLIP MINNICH
(DOD VALVA nON 22 October 20(1)
The information provided in this report is believed to be
reliable, but its accuracy cannot be guaranteed.
A mean price is calculated as an average of the high and low
on the valuation date when available. If these prices are not
available, such as on weekends or holidays, the mean price is the
inve:rsely weighted average of the high and low on the nearest
, trading dates before and after, when these prices are available within
II'," one week of the valuation date. If actual trades are not available, the
nearest bid and ask prices are substituted. Note that securities
traded on the T aroma Exchange are in Canadian dollars.
!'l If an equity is ex-dividend for a cash distribution on or before
the valuation date but is of record after the valuation date, the
dividend is included in the valuation report and is added to the
security's value. This is reported as an adjusted value on the report.
, If the date of death is on or after the record date and the dividend is
payable after that date, the accrued dividend is listed separately on
the report and added to the portfolio's total value.
,,! Prices for which daily updates are not available are priced
, according to a Corporate Pricing Cycle. These pricing dates occur
on the last business day of the week, and the last business day of the
month, unless the end of the week update falls within three business
days or less, of the end-of-month update.
Prepared 26 November 2001
/?-c:2 7- ;/
~ BUREAU OF INDIVIDUAL TAXES
INHERITANCE TAX DIVISION
DEPT. 280601
HARRISBURG, PA 17128-0601
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
NOTICE OF INHERITANCE TAX
APPRAISEMENT, ALLOWANCE OR DISALLOWANCE
OF DEDUCTIONS AND ASSESSMENT OF TAX
SUSAN E LEDERER
S E LEDERAR LAW OFFICE
4811 JONESTOWN RD 226
HBG PA 171~9
DATE
ESTATE OF
DATE OF DEATH
FILE NUMBER
COUNTY
ACN
11-04-2002
MINNICH
10-22-2001
21 01-1136
CUMBERLAND
101
*'
REV-1541 EX AFP eDl-Dll
JOHN
P
Allount Reali tted
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 ~
REV =iS47-E3f-AFP--foY--02Y-NOYicE--O':-YNHEifiTAifcE-TA;r7rPPR7risEMENT~--Ai:.ioWAi.fCE-(fR------------ -----
DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX
ESTATE OF MINNICH JOHN P FILE NO. 21 01-1136 ACN 101 DATE 11-04-2002
TAX RETURN WAS: (X) ACCEPTED AS FILED
CHANGED
If an assessment was issued previously, lines 14, 15 and/or 16, 17, 18 and 19 will
reflect figures that include the total of ~ returns assessed to date.
ASSESSMENT OF TAX:
15. Allount of Line 14 at Spousal rate
16. Allount of Line 14 taxable at Lineal/Class A rate
17. Allount of Line 14 at Sibling rate
18. Allount of Line 14 taxable at Collateral/Class B rate
19. Principal Tax Due
TAX CREDITS:
RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE
APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN
1. Real Estate (S.chedule 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 (Schsdule G)
8. Total Assets
ll)
(2)
(3)
(4)
(5)
(6)
(7)
.00
.00
.00
.00
7.255.64
.00
194.790.67
(8)
APPROVED DEDUCTIONS AND EXEMPTIONS:
9. Funeral Expensllls/Adll. Costs/Misc. Expenses (Schedule H)
10. Debts/Mortgage Liabilities/Liens (Schedule I)
11. Total DeducUons
12. Net Value o'f Tax Return
13. Charitable/(;overnllental Bequests; Non-elected 9113 Trusts (Schedule J)
14. Net Value 01F Estate Subject to Tax
(9)
llO)
15,549.00
3.535.64
(11)
ll2)
ll3)
ll4)
NOTE:
ll5)
ll6)
ll7)
ll8)
.00
.00
.00
.00
X 00 =
X 045 =
X 12 =
X 15 =
NOTE: To insure proper
credit to your account,
subllit the upper portion
of this forll with your
tax paYllent.
202,046.31
19.084 64
182,961.67
182,961.67
.00
ll9)=
.00
.00
.00
.00
.00
.. ..~... .~.... . (+) AMOUNT PAID
DATE IIiIUMBER 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.)
RESERVATION: Estates of decedents dying on or before December lZ, 198Z -- if any future interest in the estate is transferred
in possession or enjoyment to Class B (collateral) beneficiaries of the decedent after the expiration of any estate for
life or for years, the Commonwealth hereby expressly reserves the right to appraise and assess transfer Inheritance Taxes
at the lawful Class B (collateral) rate on any such future interest.
PURPOSE OF
NOTICE:
PAVMENT:
REFUND (CR):
OBJECTIONS:
ADMIN-
ISTRA TIVE
CORRECTIONS:
OISCOUNT:
PENALTV:
INTEREST:
To fulfill the requirements of Section Z140 of the Inheritance and Estate Tax Act, Act Z3 of ZOOO. (7Z P.S.
Section 9140).
Detach the top portion of this Notice and submit with your payment to the Register of Wills printed on the reverse side.
_ -Make check or money order payable to: REGISTER OF HILLS, AGENT
A refund of a tax credit, which was not requested on the Tax Return, may be requested by completing an "Application
for Refund of Pennsylvania Inheritance and Estate Tax" (REV-1313). Applications are available at the Office
of the Register of Wills, any of the Z3 Revenue District Offices, or by calling the special Z4-hour
answering service for forms ordering: 1-8oo-36Z-Zo5oj services for taxpayers with special hearing and I or
speaking needs: 1-8oo-447-3oZo (TT only).
Any party in interest not satisfied with the appraisement, allowance, or disallowance of deductions, or assessment
of tax (including discount or interest) as shown on this Notice must object within sixty (60) days of receipt of
this Notice by:
--written protest to the PA Department of Revenue, Board of Appeals, Dept. Z81oZ1, Harrisburg, PA 171Z8-1oZ1, OR
--election to have the matter determined at audit of the account of the personal representative, OR
--appeal to the Orphans' Court.
Factual errors discovered on this assessment should be addressed in writing to: PA Department of Revenue,
Bureau of Individual Taxes, ATTN: Post Assessment Review Unit, Dept. Z806o1, Harrisburg, PA 171Z8-o601
Phone (717) 787-6505. See page 5 of the booklet "Instructions for Inheritance Tax Return for a Resident
Decedent" (REV-1501) for an explanation of administratively correctable errors.
If any tax due is paid within three (3) calendar months after the decedent's death, a five percent (570) discount of
the tax paid is allowed.
The 1570 tax amnesty non-participation penalty is computed on the total of the tax and interest assessed, and not
paid before January 18, 1996, the first day after the end of the tax amnesty period. This non-participation
penalty is appealable in the same manner and in the the same time period as you would appeal the tax and interest
that has been assessed as indicated on this notice.
Interest is charged beginning with first day of delinquency, or nine (9) months and one (1) day from the date of
death, to the date of payment. Taxes which became delinquent before January 1, 198Z bear interest at the rate of
six (670) percent per annum calculated at a dailY rate of .000164. All taxes which became delinquent on and after
January 1, 198Z will bear interest at a rate which will vary from calendar year to calendar year with that rate
announced bY the PA Department of Revenue. The applicable interest rates for 198Z through ZOOZ are:
Vear Interest Rate Daily Interest Factor Vear Interest Rate Da ily Interest Factor
198Z ZOX .000548 1992 970 .000Z47
1983 1670 .000438 1993-1994 n .00019Z
1984 1170 .000301 1995-1998 970 .000Z47
1985 1370 .000356 1999 n .00019Z
1986 lOX .000Z74 ZOOO 870 .000Z19
1987 970 .000Z47 Zool 970 .000Z47
1988-1991 1170 .000301 ZOOZ 670 .000164
--Interest is calculated as follows:
INTEREST = BALANCE OF TAX UNPAID X NUKBER OF DAYS DELINQUENT X DAILY INTEREST FACTOR
--Any Notice issued after the tax becomes delinquent will reflect an interest calculation to fifteen (15) days
beyond the date of the assessment. If payment is made after the interest computation date shown on the
Notice, additional interest must be calculated.
STATUS REPORT UNDER RULE 6.12
C//
6"-
Name of Decedent: John P. Minnich
Date of Death: 10/22/2001
Will No. 2001-01136
Admin. No. 21-01-1136
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 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.
account with the Court?
Did the personal representative file a final
Yes No X
b. The separate Orphans I 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 X No
d . Copies of receipts, releases, joinders and
approvals of formal or informal accounts may be filed with the
Clerk of the Orphans' Court and may be attached to this report.
Date: 11/11/2002
~~ ~L--^-
Signature
.1.--,
Susan E. Lederer
Name (Please type or print)
4811 Jonestown Road, Suite 226
Harrisbura. PA 17109
Address
( 717 ) 652- 7323
Tel.No.
Capacity :
Personal Representative
X
Counsel for personal
representative
L8EE-OOL I V d '~rS~{1BJ
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~~
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July 16, 2002
S II sa /I E. Lpd P I;l~ I'
LAW OFFltES
Register of Wills
Cumberland County Courthouse
One Courthouse Square
Carlisle, P A 17013-3387
RE: JOHN PHILLIP MINNICH
SOCIAL SECURITY NO. 177-16-1945
FILE NUMBER: 21-01-1136
Dear Sir or Madam:
Enclosed for filing with your office is one (1) completed Form REV-I 500, in
duplicate, together with the following attachments for the above decedent:
1. Filing Fee (~2.00) - Fee for Estate Inventory, Underestimate
of Estate Value, and Pennsylvania Inheritance Tax Return
2. Copy ofthe Living Trust of John Phillip Minnich;
3. Copy of the Last Will and Testament of John Phillip Minnich;
4. Date of Death Valuation Letters; and
5. Deed for Real Estate
In addition, enclosed for filing with your office is one (1) original Inventory for
the above referenced Estate.
Also enclosed are an additional photocopy of the completed form REV-1500
(page 1) and the completed Inventory for the Estate. Please time/date stamp these
copies as received and return them to me in the envelope provided.
If there are any questions or further requirements regarding this return, please do
not hesitate to contact me.
Sincerely,
: ,,'
\. ',-.I
1-
J C'
~~
7&.usan E. Lederer, Esquire
Enclosures
4811 Jonestown Road . Suite 226 . Harrisburg, PA 17109 · Phone 717.652.7323 . Fax 717.652.7340 . info@ledererlaw.com
\-\ \1,,', dL14_-: I;i\\'.~drn