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REV-1 bOO EX + 11_.97) OFFICIAL USE ONLY
\ COMMONWEALTH OF PENNSYLVANIA REV-1500 1/-26 -(v
. DEPARTMENT OF REVENUE INHERITANCE TAX RETURN FILE NUMBER
DEPT_ 280601 RESIDENT DECEDENT COUN~~ODE ~gA~l I I~,-~
., HARRISBURG, PA 17128-0601 NUMBER
DECEDENT'S NAME (LAST. FIRST, AND MIDDLE INITIAL)
Piscianeri, Anthonv R.
DECEDENT SOCIAL SECURITY NUMBER I DATE OF DEATH I DATE OF BIRTH
027-01-1134 11/17/98 01/30/1915
(IF APPLICABLE) SURVIVING SPOUSE'S NAME (lAST, I SOCIAL SECURITY NUMBER THIS RETURN MUST BE FILED IN DUPLICATE
FIRST. AND MIDDLE INITIAL)
WITH THE REGISTER OF WILLS
1- Original Return 2_ Supplemental Return 8 3 Remainder Return
CHECK (dale of death prior to 12-13-82)
APPRO- 4. Limited Estate 4a. Future Interest Compromise 5. Federal Estate Tax Rtm. Required
(dale of dealh after 12-12-82)
PRIATE 6. Decedent Died Testate 7. Decedent Maintained a living Trust 00 8. Total No. of Safe Deposit Boxes
(Allach copy of Will} {Attach copy of Trust)
BLOCKS 9_ Litigation Proceeds Received 10_ fg-~~:9~ ~~de~~ ~~\dit (date of death between -n 11. ~1ectjon to to\ under Sec. 9113(A)
At1ach Sch 0
JjjI$.~l!(W.llh8i$bPM!lblili!i:i:...j\t!ibQilll~~.~..J:;QN~jbtktll\\itAl(Il!jfQllM,il;tlQj\j$HQQtq..~..b~lltQi..'.'...
NAME COMPLETE MAILING ADDRESS
~ll R. Gates, Esquire 1013 Murrma Road, Suite 100
CORRES- FIRM NAME (If Applicable) Lerroyne , PA 17043
PONDENT
Gates & Associates, P.C.
TELEPHONE NUMBER
717-731-9600
Nane OFFICIAL USE ONLY
1. Real Estate (Schedule A) (1)
2. Stocks and Bonds (Schedule B) (2) Nane
3_ Closely Held Corporation, Partnership .,-.-
or Sole-Proprietorship (3) ~ d :0
4. Mortgages & Notes Receivable (Schedule D) (4) ~ Pp
5. Cash, Bank Deposits & Miscellaneous Personal ( 'S.
Cl
Property (Schedule E) (5) 2,541,72 n ::::;S:
6_ Jointly Owned Property (Schedule F) (6) None N
7. Inter-Vivos Transfers & Miscellaneous a
RECAPIT - Non-Probate Property (Schedule G or L) (7) Nane ~r.::::.
ULATION -~ ,:'-:.
8- Total Gross Assets (total Lines 1-7) (8) .' (....j ~ 2,541.72
~~
9_ Funeral Expenses & Administrative Costs (Schedule H) (9) 6,513.00
10_ Debts of Decedent, Mortg. Liabilities, & Liens (Sch.l) (10) Nane
11_ Total Deductions (total Lines 9 & 10) (11) 6,513.00
12. Net Value of Estate (Line 8 minus Line 11) (12) (3,971.28)
13_ Charitable and Governmental Bequests/See 9113 Trusts
for which an election to tax has not been made (Schedule J) (13) Nane
14_ Net Value Subject to Tax (Line 12 minus Line 13) (14) (3 971.28)
15. Amount of line 14
taxable at the spousal x .0 (15)
tax rate -
See instructions on page 2 for applicable percentage
TAX 16_ Amount of line 14 0.00
COMPUTA- taxable at 6% rate (3,971.28) x _06 (16)
TION 17. Amount of line 14
taxable at 15% rate 0.00 x .15 (17) 0.00
18_ Tax Due (18) 0.00
19. J IIPHEbRHERE.!ji.yQijAiiEffl;lQijli.1iii~Aj;j~NllQij'.~.QYERPAi(~kt...1
c
*?!iPe:'.S!.Il'lE..;rQANSlI'/l;l'l..AL.l;':.QVESTlQN$iQ'N'.'PAGe2ANPRecHeCiji.MA'!"Hi#i;...................
Under penalties of perjury, I declare that I have ined this return including accompanying schedules and statements, and to the best of my knowledge
and belief, it is true orfect and complete. Decl ratio of preparer other than the personal representative is based on all information of which preparer has
any knowledge.
SIGNATURE OF PE
ADDRESS
7 NTF 10869
Copyright Form Sottware Only. 1997 Nelco, Inc.
ADDRESS
1013 Murrma Road, Suite
Lerroyne, PA 17043
100
DATE I .-
I J-- J '3/ Jrrr; I
DATE ~
1~//3 dOr)l
t
-
See Schedule attached
~
f
Estate of: Anthony R. Piscioneri
.)
SlMIIARY OF ALLOCATICNS 'ID BENEFICIARIES
Class A
Robert A. wray
Daniel T. piscioneri
William M. piscioneri
21-2001-
(1,323.76)
(1,323.76)
(1,323.76)
(3,971.28)
.'
Estate of: Anthony R. Piscianeri
.J
21-2001-
The following person{s) are signing the retun1 as representative(s) of the estate:
Robert A. Wray
444 W<xxicrest Drive
Mechanicsburg, PA 17055
Daniel T. piscioneri
127 North 27th Street
Camp Hill, PA 17011
PA11EV-1500 EX (1-97)
Page 2
j
Decedent's Complete Address:
STREET ADDRESS
Messiah Villaqe, 100 Mt. Allen Drive
CITY I STATE I ZIP
Mechanic PA 17055
Tax Payments and Credits:
1. Tax Due (Page 1 Une 18)
2. Credits/Payments
A. Spousal Poverty Credit
B. Prior Payments
C. Discount
(1)
0.00
0.00
0.00
Total Credits (A + B + C) (2)
0.00
3. InteresVPenalty if applicable
D. Interest
E. Penalty
(3) 0.00
(4) 0 00
(5)
(SA)
(58)
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 19 to request a refund
5. If line 1 + line 3 is greater than line 2, enter the difference. This is the TAX DUE.
A. Enter the interest on the tax due.
B. Enter the total of Line 5 + SA. This is the BALANCE DUE.
Make Check to: REGISTER OF
THE
BY PLACING AN "X" IN THE APPROPRIATE BLOCKS
1.
Yes No
~ I
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 on or before December 12, 1982, did decedent within two years
preceding death transfer property without receiving adequate consideration? 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
~hisorherd~~?....... ...................
4. Did decedent own an individual retirement account, annuity, or other non-probate property?
D ~
B i
IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES,
YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN
72 P.S. ~9116 (a) (1.1) (i) provided for the reduction of the tax rate imposed on the net value of transfers to or for the use of the
3% for dates of death on or after July 1, 1994 and before January 1, 1995.
surviving spouse from 6% to
72 P .S. ~9116 (a) (1.1) (ii) provided for the reduction of the rate imposed on the net value of transfers to or for the use of the surviving spouse from 3% to 0%
for dates of death on or after January 1, 1995. The statute does not exemot a transfer to a surviving spouse from tax, and the statutory requirements for
disclosure of assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary.
FOR DATES OF DEATH ON OR AFTER JANUARY 1, 1995 -- Please answer the following question by placing an "x" in the appropriate space.
Old the decedent create a trust or similar arrangement which Is solely for the surviving spouse's benefit for his or her entire lifetime?
Yes DNa:@:
If you answered yes to the above question, the tax on the trust or similar arrangement is postponed until the death of the second
be fully taxable at the rate(s) applicable to the remainder beneficiary(ies). Enter the value of the trust on Schedule J, Part II, in order
calculation of the tax due in this estate. You may wish to file Schedule 0 in order to make the election available under Section 9113. If
the trust or similar arrangement is taxed in the estate of the first decedent spouse, the portion of the trust or similar arrangement which
spouse is taxed at the zero tax. rate, and the remainder is taxed at the rate(s) applicable to the remainder beneficiary(ies). If you choose
you must attach Schedule 0 to a timely.filed tax. return, along with Schedule(s) K and/or M in order to show the apportionment of the trust
arrangement between the surviving spouse and the remainder beneficiary(ies).
7 PA1S002 NTF 10870
Copyright Forms Software Only. 1997 Nelco, Inc
spouse, at which time it will
to remove it from the
the election is made,
benefits the surviving
to make the election,
or similar
.
-REV-15GB EX + (1-97)
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
Anthony R. piscianeri
SCHEDULE E
CASH, BANK DEPOSITS, & MISC.
PERSONAL PROPERTY
FILE NUMBER
21-2001-
Include proceeds of litigation & date proceeds were received by the estate All crop. Jointly-owned with right of survivorship must be disclosed on Sch. F.
ITEM VALUE AT
NO. DESCRIPTION DATE OF DEATH
1 Me=ill Lynch M:lt1ey Account
Account No. 872 49323 8135
(see attached)
2,541. 72
TOTAL (Also enter on line 5, Recapitulation) $
(If more space is needed, insert additional sheets of the same size)
2,541. 72
7 CPA81 NTF 10908
Copyright Forms Software Only, 1997 Nelco, Inc
.
-REV-1511EX + (1-97)
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
Anthony R. piscianeri
SCHEDULE H
FUNERAL EXPENSES &
ADMINISTRATIVE COSTS
FILE NUMBER
21-2001-
Debts of decedent must be reported on Schedule I.
ITEM
NO. DESCRIPTION
A. FUNERAL EXPENSES;
AMOUNT
1 Musselman Funeral Hare, Inc. -
fnneral goods and services
(see attached)
4,480.00
B. ADMINISTRATIVE COSTS;
1. Personal Representative's Commissions
Name of Personal Representative(s)
Social Security Number(s)/EIN No. of Personal Representative(s)
Street Address
City State
0.00
Zip
Year(s) Commission Paid:
2.
3.
Attorney Fees Narre: Gates & Associates, P. c.
Family Exemption: (If decedent's address is not the same as claimant's, attach explanation)
Claimant
Street Address
2,000.00
0.00
City
Relationship of Claimant to Decedent
State
Zip
4.
Probate Fees
33.00
5.
Accountant's Fees
0.00
6.
Tax Return Preparer's Fees
0.00
None
7 CPA11 NTF 10911
Copyright Forms Software Only, 1997 Nelco, Inc.
TOTAL (Also enter on line 9. Recapitulation) $
(If more space is needed, insert additional sheets of the same size)
6,513.00
.
-REV-1513 EX + (1-97)
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
SCHEDULE J
BENEFICIARIES
FILE NUMBER
An~~
R. piscioneri
21 2001-
RELATIONSHIP TO DECEDENT AMOUNT OR
Do Not List Trustee(s) SHARE OF ESTATE
No. NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY
I. TAXABLE DISTRIBUTIONS (include outright spousal distributions)
1 Robert A. Wray
444 Woodcrest Drive
J.VEchanicsburg, PA 17055
San (1,323.76)
2 Daniel T. piscioneri
127 North 27th Street
Carrp Hill, PA 17011
San (1,323.76)
3 William M. piscioneri
12 Jllbntgarery Avenue, 2nd FlaK
Cranston, RI 02905
Son
(1,323.76)
ENTER DOLLAR AMTS. FOR DISTRIBS. SHOWN ABOVE ON LINES 15 THROUGH 17 AS APPROPRIATE ON REV 1500 COVER SHEET
II. NON-TAXABLE DISTRIBUTIONS,
A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE
None
B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS
None
TOTAL OF PART 11-- ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV 1500 COVER SHEET $
0.00
7 CPA13 NTF 10913
(If more space is needed, insert additional sheets of the same size)
Copyright Forms Software Only. 1997 NeICQ, Inc.
This is to certifv that the inforniation here given is correctly copied from an original certificate of death dul~ filed with me as
Local Registrar: The original cerrificate will be forwarded to rhe Srate Vital Records Office for permanent filmg.
,
WARNING: It is illegal to duplicate this copy by photostat or photograph.
Fee for this certificate, $2.00
No.
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Local Registrar
5392410
NOV 2 0 1998
Date
I43R"'.2111
COMMONWEALTH OF PENNSYLVANIA. OEPARTMENT OF HEALTH. VITAL RECORDS
CERTIFICATE OF DEATH
NAME OF oeaDCNT th.. u.&M. l_
t....-9./)/./-/'7'-D -V
AGE llAII ao-r.a.yj UNDER 1 YEAR
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83 YftI,
COUNTYOFDERH CfTV. 9OAO. TWPOFOERH
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UNDER 1 DAY
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444 Woodcrest Dr.
... Mechanicsburg, PA
fATHEA'S NAME(F".... MoodIe. ~
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ACTUAl.. 11..~ DId
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Anna :.!.iucco
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ingfield,MA
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OR PERSON TINa AS
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.~rnlle Cemetery
LOCATIOH.Clly/Town.SlMe.ZiII~
Bellevl11e,PA 17004
,..
ftlUE~DAOORESSOF~TY ,
Aiusselman Funeral Home, 324 Hummel Ave.
LICENSE HU~8EA OOE SIGNED
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~~~~b:,el~::=""""'.on encII~~~~~~I.'~~~I~~:~: ~.~ ~'.:i~~: ~"'" OCCU"H ."".,~~..~~I~: ~~~.~~~: ~~.~~~~~ :.....(.)..,d 0
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ReGIST~SIGNATUREANDN~
~ -0/ /a-1~.v'r._
I.l,;' ,-1- /j 1
n.
LAST WILL AND TESTAMENT
OF
ANTHONY R. PISCIONERI
LAST WILL AND TESTAMENT
OF
ANTHONY R. PISCIONERI
I, ANTHONY R. PISCIONERI, now of 1509 Letchworth Road, Camp
Hill, Cumberland County, Pennsylvania 17011, do publish and
declare this to be my Last Will and Testament, hereby revoking
all other prior wills and codicils made by me.
FIRST: Familv Backqround and Aooointment of Executor.
(A) Familv and Backqround Information. I am married to
LENORE W. PISCIONERI. The children of our marriage are ROBERT A.
WRAY, JOSEPH W. PISCIONERI, WILLIAM M. PISCIONERI, and DANIEL T.
PISCIONERI. Throughout this Will, LENORE W. PISCIONERI will be
referred to as "my wife" or "my spouse" and ROBERT A. WRAY,
JOSEPH W. PISCIONERI, WILLIAM M. PISCIONERI, and DANIEL T.
PISCIONERI will be referred to as "my children." The word
"issue" will include any children as well as my other
descendants.
(B) Aooointment of Executor. I appoint as my Executor and
successor Executor (all hereinafter referred to as Executor or
Executor(s) under this Will, the following named persons or
corporations to serve without bond and without being required to
account to any Court:
Executrix: My wife, LENORE W. PISCIONERI.
Successor Executor: My sons, ROBERT A. WRAY and DANIEL T.
PISCIONERI, or the survivor of them, as Co-
Executors, to act jointly.
(C) Inter Vivos Trust. The inter vivos trust agreement
referred to in this Will is entitled "THE PISCIONERI FAMILY
IRREVOCABLE TRUST,. by and between ANTHONY R. PISCIONERI and
LENORE W. PISCIONERI, as Settlors, and LENORE W. PISCIONERI, as
Trustee, as now in effect or as may hereafter be amended.
SECOND: Funeral and Last Illness Exoenses: Taxes.
(A) Exoenses of Funeral and Last Illness. I direct my
Executor to pay my funeral expenses and the expenses of my la
illness from my estate. In addition, my Executor may notify
Trustee of the Trust described in Paragraph FIRST (C) of an
"
?L tv .
\ ~. \
,I
',)
I
LAST WILL AND TESTAMENT
OF
ANTHONY R. prSCrONERr
PAGE 2
expenses and my Executor may accept reimbursement from such
Trustee.
(B) Taxes. I direct my Executor to pay any and all estate,
inheritance, succession, legacy, transfer and other death taxes
or duties, by whatever name called, including any and all
interest and penalties thereon, imposed under the laws of any
jurisdiction by reason of my death upon or with respect to any
and all property included in my gross estate for the purpose of
such taxes, whether such property passes under or outside of this
Will. Without any apportionment otherwise required by law and
without being prorated or apportioned among or charged against
the respective devises, legatees, beneficiaries, transferees, or
other recipients of any such property or charged against any
property passing or which may have passed to any of them, I
direct that any taxes so paid shall be charged against my
residuary estate. My Executor shall not be entitled to
reimbursement for any portion of any such taxes from any such
person. The foregoing provisions of this Article SECOND shall
not apply to such portion or portions of said taxes, interest and
penalties which may be required to be paid, or are actually paid
or reimbursed, by the Trustee of the Trust described in Paragraph
FIRST (C), above.
TErRD: Tanqible Personal Property. Except for those items
excluded below and those items enumerated in the Letter of
Instruction, I bequeath all my tangible personal property,
including but not limited to clothing, jewelry, heirlooms,
furniture, household furnishings, personal effects, motor
vehicles, and all other similar articles, which I own, and the
insurance thereon, to my children, per stirpes, to be divided
among them as they may select in as nearly equal shares as is
practical. If there is any disagreement as to distribution, I
direct my Executor to make such distribution. The decision of my
Executor shall be final and binding. Any items not selected or
any items which my Executor considers unsuitable for my children
may be distributed or sold in the sole discretion of my Executor
and, if sold, the net proceeds therefrom shall be added to the
residue of my estate. Any such article allocated to a minor ma
as my Executor deems advisable, either be delivered to the min 8
or to any person to safeguard on behalf of the minor. /
') /1
( c 101
L~ {\l\'
c, ,
)J c
LAST WILL AND TESTAMENT
OF
ANTHONY R. PISCIONERI
PAGE 3
Notwithstanding any other provisions in this Article THIRD,
I may leave a separate, dated and unsigned Letter of Instruction,
which I shall place with my Will, containing directions as to the
ultimate disposition of certain of the property bequeathed under
this Article THIRD, and such Letter of Instruction shall
determine the distribution of such items,
FOURTH: Residuarv Estate. I devise and bequeath all of the
rest, residue and remainder of my estate, real, personal and
mixed, of whatever nature and wherever situated to which I am
legally or equitably entitled, to the then-acting Trustee(s) of
the Trust described in Paragraph FIRST (C) of this Will, to be
held, administered and distributed pursuant to the terms thereof,
as the same may be amended from time to time. By this devise and
bequest of my residuary estate I hereby exercise all Powers of
Appointment I possess at the time of my death except any power of
appointment which I possess under the Trust described in
Paragraph FIRST (C) of this Will.
FIFTH: Powers of Executor. In addition to the powers and
duties as may have been granted elsewhere in this Will, but
subject to any limitations stated elsewhere in this Will, the
Executor shall have and exercise exclusive management and control
of the Estate and shall be vested with the following specific
powers and discretion, in addition to the powers as may be
generally conferred from time to time upon the Executor by law:
(A) In the management, care and disposition of the Estate,
the Executor shall have the power to do all things and to execute
such instruments, deeds, or other documents as may be deemed
necessary or proper, including the following powers, all of which
may be exercised without order of or report to any Court:
(1) To sell, exchange or otherwise dispose of any
property at any time held or acquired hereunder, at public
or private sale, for cash or on terms, without
advertisement, including the right to lease for any term
notwithstanding the period of the Estate, and to grant
options, including any option for a period beyond the
duration of the Estate; except that, in lieu of any bind'-
shareholder agreement or buy/sell agreement to the cont a~,
~:ffxecutor shall not be permitted to sell the stock r ny
'J d?
LAST WILL AND TESTAMENT
OF
ANTHONY R. PISCIONERI
PAGE 4
other ownership interest in any business owned by me, or
held in trust, at my death, without first offering the same
for sale to my children, or without next offering the same
to the corporation or business represented by such ownership
interest for redemption.
(2) To invest all monies in such stocks, bonds,
securities, mortgages, notes, choses in action, real estate
or improvements thereon, and any other property as the
Executor may deem best, without regard to any law now or
hereafter enforced limiting investments of fiduciaries.
(3) To retain for investment any property deposited
with the Executor hereunder.
(4) To vote in person or by proxy any corporate stock
or other security and to agree to or take any other action
in regard to any reorganization, merger, consolidation,
liquidation, bankruptcy or other procedure or proceedings
affecting any stock, bond, note or other security.
(5) To use attorneys, real estate brokers, accountants
and other agents, if such employment is deemed necessary or
desirable, and to pay reasonable compensation for their
services.
(6) To compromise, settle or adjust any claim or
demand by or against the Estate and to agree to any
reSC1SS10n or modification of any contract or agreement
affecting the Estate.
(7) To renew any indebtedness, as well as to borrow
money, and to secure the same by mortgaging, pledging or
conveying any property of the Estate.
(8) To retain and carry on any business in which the
Estate may acquire an interest, to acquire additional
interest in any such business, to agree to the liquidation
in kind of any corporation in which the Estate may have an
interest and to carry on the business thereof, to join wi h
other owners in adopting any form of management for any I )
business or property in which the Estate may have an yI
(j .r0P;
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LAST WILL AND TESTAMENT
OF
ANTHONY R. PISCIONERI
PAGE 5
interest, to become or remain a partner, general or limited,
in regard to any such business or property and to hold the
stock or other securities as an investment, and to employ
agents and confer on them authority to manage and operate
the business, property or corporation, without liability for
the acts of such agent or for any loss, liability or
indebtedness of such business if the management is selected
or retained with reasonable care.
(9) To register any stock, bond or other security in
the name of a nominee, without the addition of words
indicating that such security is held in a fiduciary
capacity, but accurate records shall be maintained showing
that such security is a Estate asset and the Executor shall
be responsible for the acts of such nominee.
(B) Whenever the Executor is directed to distribute any
Estate assets in fee simple to a person who is then under twenty-
one (21) years of age, the Executor shall be authorized to hold
such property in Trust for such person until he/she becomes
twenty-one (21) years of age, and in the meantime shall use such
part of the income and the principal of the Estate as the
Executor may deem necessary to provide for the proper support and
education of such person. If such person should die before
becoming twenty-one (21) years of age, the property then
remaining in trust shall be distributed to the personal
representative of such person's estate.
(C) In making distributions from the Estate to or for the
benefit of any minor or other person under a legal disability,
the Executor need not require the appointment of a guardian, but
shall be authorized to payor deliver the same to the custodian
of such person, to payor deliver the same to such person without
the intervention of a guardian, to payor deliver the same to a
legal guardian of such person if one has already been appointed,
or to use the same for the benefit of such person.
(D) In the disbursement of the Estate and any division into
separate trusts or shares, the Executor shall be authorized to~
make the distribution and division in money or in kind, or bo
regardless of the basis for income tax purposes of any prope t
dis~ibuted or divided in kind, and the distribution and diiS10n
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LAST WILL UD TESTAMENT
OF
ANTHONY R. PISCIONERI
PAGE 6
made and the values established by the Executor shall be binding
and conclusive on all persons taking hereunder. The Executor may
in making such distribution or division allot undivided interests
in the same property to several trusts or shares.
(E) The Executor shall be authorized to lend or borrow,
including the right to lend to or borrow from any trusts which I
or my spouse may have established during life or by will at an
adequate rate of interest and with adequate security, and upon
such terms and conditions as the Executor shall deem fair and
equitable.
(F) The Executor shall be authorized to sell or purchase at
the fair market value as determined by the Executor, any property
to or from any trust created by me or my spouse during life or by
Will, even though the same person or corporation may be acting as
Executor of my estate or as Trustee of any of my other trusts.
(G) The Executor shall have discretion to determine whether
items should be charged or credited to income or principal or
allocated between income and principal as the Executor may deem
equitable and fair under all the circumstances, including the
power to amortize or fail to amortize any part or all of any
premium or discount, to treat any part or all of the profit
resulting from the maturity or sale of any asset, whether
purchased at a premium or at a discount, as income or principal
or apportion the same between income and principal, to apportion
the sales price of any asset between income and principal, to
treat any dividend or other distribution of any investment as
income or principal, or apportion the same between income and
principal, to charge any expense against income or principal or
apportion the same, and to provide or fail to provide a
reasonable reserve against depreciation or obsolescence on any
assets subject to depreciation or obsolescence, all as the
Executor may reasonably deem equitable and just under all the
circumstances. If the Executor does not exercise the above
discretionary power, the cash or accrual allocation shall be in
accordance with Chapter 81 of Title 20 of the Pennsylvania
Consolidated Statutes, or the corresponding provisions of
subsequent state law.
(H) If at any time the total fair market value of the
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f ..
LAST WILL AND TESTAMENT
OF
ANTHONY R. PISCIONERI
PAGE 7
assets of any trust established or to be established hereunder is
so small that the corporate Trustee's annual fee for
administering the trust would be the minimum annual fee set forth
in the Trustee's regularly published fee schedule then, in
effect, the Trustee in its discretion shall be authorized to
terminate such trust or to decide not to establish such trust,
and in such event the property then held in or to be distributed
to such trust shall be distributed to the persons who are then or
would be entitled to the income of such trust. If the amount of
income to be received by such persons is to be determined in the
discretion of the Trustee, then the Trustee shall distribute the
property among such of the persons to whom the Trustee is
authorized to distribute income, and in such proportions, as the
Trustee in its discretion shall determine.
(I) Except as otherwise provided in this Will, when the
authority and power under this Will is vested in two (2) or more
Executors or Trustees, the authority and powers are to be held
jointly by the Executors or Trustees, respectively. A majority
of the Executors or Trustees may exercise any authority or power
granted under this Will or granted by law, and may act under this
Will. Any attempt by one such Executor or Trustee to act under
this Will on other than ministerial acts shall be void. The
action of one such Executor or Trustee under this Will may be
validated by a subsequent ratification of the act by a majority
of the Executors or Trustees.
SIXTH: Riqhts and Liabilities of Executor.
(A) No bond or other security shall be required of any
Executor.
(B) This instrument always shall be construed in favor of
the validity of any act or omission by any Executor, and any
Executor shall not be liable for any act or omission except in
the case of gross negligence, bad faith or fraud. Specifically,
in assessing the propriety of any investment, the overall
performance of the entire Estate shall be taken into account.
(C) Each Executor shall be entitled to receive reasonab ~
compensation for services actually rendered to my estate,
amount~e Executor normally and customarily charges for
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LAST WILL AND TESTAMENT
OF
ANTHONY R. PISCIONERI
PAGE 8
performing similar services during the time which he/she performs
the services.
SEVENTH: Spendthrift Provision. No beneficiary shall have
the power to anticipate, encumber or transfer his or her interest
in the estate in any manner other than by the valid exercise of a
power of appointment. No part of the estate shall be liable for
or charged with any debts, contracts, liabilities or torts of a
b3neficiary or subject to seizure or other process by any
creditor of a beneficiary.
EIGHTH: Tax Elections.
(A) In determining the estate, inheritance and income tax
liability relating to my Estate, the Executor's decision as to
all available tax elections shall be conclusive on all concerned.
If the Executor joins with my spouse in filing income tax
returns, or consenting for gift tax purposes to having gifts made
by either of us during my life considered as having been made
one-half by each of us, any resulting liability shall be borne by
my Estate and my spouse in such proportions as they may agree.
In accordance with IRC Section 2632(a) and without regard to
whether a Federal estate tax return is actually filed, my
Executor shall allocate so much of the Federal Generation
Skipping Transfer (GST) exemption amount as will fully exempt any
generation skipping transfer which may occur under this Will.
(B) The Executor may, in its discretion, determine the date
as of which my gross estate shall be valued for the purpose of
determining the applicable tax payable by reason of my death.
(C) The Executor may, in its discretion, decide whether all
or any part of certain deductions shall be taken as income tax
deductions (even though they may equal or exceed the taxable
income of my estate and whether or not claimed or of benefit on
my estate's income tax return) or as estate tax deductions when a
choice is available; and in the event that all or any part of
such deductions are taken as income tax deductions, no adjustment
ot income and principal accounts in my estate shall be made as ~
result of such decisions. /
/}'
V./
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,
LAST WILL AIm TESTAMENT
OF
ANTHONY R. PISCIONERI
PAGE 9
NINTH: Definitions and General Provisions.
(A) Survival. Any beneficiary who dies within sixty (60)
days after my death shall be considered not to have survived me.
(B) CaDtions. The captions set forth in this Will at the
beginning of the various articles hereof are for convenience of
reference only and shall not be deemed to define or limit the
provisions hereof or to affect in any way their construction and
application.
(C) Children. As used in this Will, the words .child" and
"children" shall include persons who are legally adopted and the
issue of said persons, whether born in or out of wedlock, so long
as any person born out of wedlock is acknowledged in a written
instrument executed by the one of their natural parents who is a
descendant of mine to be the child of said descendant. The word
"issue" shall include descendants of all generations including
adopted persons. A posthumous child shall be considered as
living at the death of his parent. The birth to me or the
adoption by me of a child or children subsequent to the execution
of this Will shall not operate to revoke this Will. Except for
discretionary distributions which may be made unequally among a
group of persons and distributions pursuant to a valid exercise
of a power of appointment, in making a distribution to the
children of any person, the property to be distributed shall be
divided into as many shares as there are living children of the
person and deceased children of the person who left children who
are then living. Each living child shall take one share and the
share of each deceased child shall be divided among his then-
living descendants in the same manner.
(D) Code. Unless otherwise stated, all references in my
Will to section and chapter numbers are to those of the Internal
Revenue Code of 1986, as amended, or the corresponding provisions
of any subsequent federal tax laws applicable to my estate.
(E)
genders,
includes
Other terms. The use of any gender includes the other
and the use of either the singular or the plural
the other.
(F) powep
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of ADDointment are Exercised.
LAST WILL AIm TESTAMENT
OF
ANTHONY R. PISCIONERI
PAGE 10
exercise any and all Powers of Appointment which I possess at the
time of my death except any power of appointment which I possess
under the Trust described in Paragraph FIRST (C), above.
IN WITNESS WHEREOF, I, ANTHONY R. PISCIONERI, the Testator,
have to this my Last Will and Testament, typewritten on eleven
(11) pages, including t~ Acknowledgment and Affidavit, set my
hand and seal this 3'<> day of October, 1996.
fJ--=~
~t~. PISCIONERI
Signed, sealed, published and declared by the above-named
Testator, as and for his Last Will and Testament, in the presence
of us, who have hereunto subscribed our names at his request, as
witnesses hereto, in the presence of the said Testator, and in
the presence of each other. Each of us further declares that he
or she believes the Testator to be of sound mind and memory. The
preceding strument consists of this and ten (10) other
consecu v y numbered typewritten pages including the
Acknow dent and Affidavit.
residing at
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residing at
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(print name)
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ACKNOWLEDGMENT AND AFFIDAVIT
COMMONWEALTH OF PENNSYLVANIA
COUNTY OF CUMBERLAND
SS:
The Testator and the witnesses whose names are signed and
subscribed to the attached or foregoing instrument, being first
duly sworn and qualified according to law, do hereby acknowledge,
depose and say to the undersigned authority, that the Testator
signed and executed the instrument as his Last Will in the
presence of the witnesses; that he signed it willingly or
willingly directed another to sign it for him; that he executed
it as his free and voluntary act for the purposes therein
expressed; that each of the witnesses were present and saw the
Testator sign and execute the instrument as his Last Will; that
each subscribing witness in the hearing and sight of the Testator
signed the will as witnesses; and that to the best of their
knowledge the Testator was at that time eighteen years of age or
older, of sound mind and under no constraint or undue influence.
/'
Sworn to or affirmed, subscribed to, and acknowledged, "'/ '/i)
before me by the above-named Testator and witnesses, this, 7t/
day of October, 1996.
~~ 'Ce-'Xe ~
Testator
Witness
~~,~
Witness
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I Nota PUblic --
My C mmission Expires:
Notarial Seal
Stacey l. Naca. Notary Public
Fermanagh Twp.. Juniata County
My Commission Expires Oct. 16. 1999
Member, Pennsylvania ASSOCiation of Notaries
,
LAW OFFICES OF
GATES &- ASSOCIATES, P.C.
1013 MUMMA ROAD. SUITE 100 . LEMOYNE. PENNSYLVANIA 17043
(717) 731-9600' FAX: (717) 731-9627
LOWELL A. GATES
Also Admitted 10 Massachusetts Bar
MARK E. HALBRUNER
Also Admitted to New Jersey Bar
CRAIG A. HATCH
CORY J_ SNOOK
ALBERT N. PETERLlN
Also Admitted to Maryland Bar
December 13,2001
BRANCH OFFICE:
3 WEST MONUMENT SQUARE, SUITE 304
LEWISTOWN, PA 17044
(717)248-6909
WEe SITE:
www.GalesLawFirm.com
Pennsylvania Department of Revenue
Bureau of Individual Taxes
Inheritance Tax Division
Department 280601
Harrisburg, PA 17128-0601
RE: Estate of Anthony R. Piscioneri
Date of Death: November 17, 1998
Social Security No.: 027-01-1134
Dear Examiner:
The above-referenced decedent, Anthony R. Piscioneri, was predeceased by his wife,
Lenore W. Piscioneri, on May 25, 1997. During their lifetimes, Anthony R. and Lenore W.
Piscioneri established The Piscioneri Family Irrevocable Trust dated October 30, 1996, by and
between themselves as Settlors and Lenore W. Piscioneri as Trustee.
Upon the death of Lenore, Anthony, who was residing in a nursing home, was unable to
access any principal from the Trust, since Anthony had no further rights or interest in the Trust.
As a result, The Piscioneri Family Irrevocable Trust loaned Anthony $10,000.00. A copy of the
statement showing the transfer from the Trust account is attached hereto. During the period of
November 6 -9,1998, Anthony repaid the loan by transferring $10,000.00 from his Merrill Lynch
Account Number 872 49323 8135 to the Trust's Merrill Lynch Account Number 872 79706
8135. A copy of the statement for Anthony's Merrill Lynch statement showing the transfer from
his account is attached along with a copy of the Merrill Lynch statement for the Trust showing
receipt of the transfer.
The Trust is not includable as part of Anthony's estate. Under Article 4.03(A) & (B),
upon the death of Lenore W. Piscioneri, and after two (2) specific bequests to charities, the
remaining Trust estate provides no benefit to Anthony and Anthony has no retained interest in
the Trust estate. Rather, the Trust estate continues in further trust for the benefit of Lenore and
Anthony's children and grandchildren. A copy of Trust is also attached for your reference.
l
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Lrell R. Gates
~
'.
upon and to pledge them for a loan or loans. The Trustee takes all
rights, title, and interest in and to the above stated insurance
policies Subject to any prior split-dollar life insurance agreement
and assignments, which may be in effect at the time of transfer.
The insurance companies which have issued policies are hereby
authorized and directed to recognize the Trustee as absolute owner
of such policies of insurance and as fully entitled to all OPtions,
rights, privileges, and interests under such policies, and any
receipts, releases, and other instruments executed by the Trustee
in connection with such policies shall be binding upon all persons
interested in this Trust. The Settlors hereby relinquish all
rights, title, interest and powers in such policies of insurance
which Settlors may own and which rights, title, interest and
powers are not assignable, and will, at the request of the Trustee,
execute all other instruments reasonably required to effectuate
this relinquishment.
3.02. Pavment of Premiums. The Trustee shall be under no
obligation to pay the premiums which may become due and,payable
under the provisions of any policy of insurance which may be
transferred or assigned to this Trust, or to make certain that such
premiums are paid by the transferor of such policy, or to notify
any persons of the nonpayment of such premiums, and the Trustee
shall be under no responsibility or liability of any kind in case
such premiums are not paid, except the Trustee shall apply any
dividends received on such pOlicies to the payment of premiums
thereon. Upon notice at any time during the continuance of this
Trust that the premiums due upon such policies are in default, or
that premiums which will become due will not be paid, either by the
transferor or by any other person, the Trustee, within its sole
discretion, may apply any cash values attributable to such policy
to the purchase of paid-up insurance or of extended insurance, or
may borrow upon such policy for the payment of premiums due
thereon, or may accept the cash values of such policy upon the
policy's forfeiture. In the event that the Trustee receives the
cash value of such policy upon its forfeiture for nonpayment of
premiums, the amount received shall be added to the corpus of this
Trust, and shall be administered according to the terms of this
Agreement. If the insured under such policies of insurance,
becomes totally and permanently disabled within the meaning of any
policies and because thereof the payment of premiums, or any of
them, shall during the pendency of such disability, be waived, the
Trustee, Upon receipt of such knowledge, shall promptly notify the
insurance company which has issued such policies, and shall take
any and all steps necessary 'to make such waiver of premium
provision effective.
-
3.03. Duties of Trustee With Reqard to Life Insurance
Policies. The Trustee shall be under no obligation or duty
whatever except with respect to the safekeeping of such policies of
2
insurance and the duty to receive such sums as may be paid to them,
in accordance with the requirements of this Trust, by the Companies
issuing such policies, . and to hold, manage and disburse such
proceeds subject to the terms of this Agreement. Upon the death of
the insured,. the Trustee shall make reasonable efforts to carry out
the provisions of this Agreement, including the maintenance or
defense of any suit, provided, however, the Trustee shall be under
no duty to maintain or enter into any litigation unless its
expenses, including counsel fees and costs, have been advanced or
guaranteed in an amount and in a manner reasonably satisfactory to
the Trustee. The Trustee may repay any advances made by it or
reimburse itself for any such fees and costs from any corpus or
income of this Trust.
ARnCLE IV. TRUST DISTRIBUTIONS
4.01. Trust Princioal. The entire corpus of this Trust,
including the assets initially transferred to this Trust,
subsequent additions to this Trust, and the proceeds of any sale,
exchange or investment of such Trust assets, shall be used for the
purposes herein contained.
4.02. Income Distribution. During the Settlors'
lifetimes, the Trustee shall distribute all of the net income of
the trust to, or for the benefit of, ANTHONY R. PISCIONERI andlor
LENORE W. PISCIONERI, for and during the remainder of their lives,
and the Trustee shall distribute all of the net income of the Trust
to, or for the benefit of, the survivor of them during the
survivor's lifetime.
4.03. Princioal Distributions. Upon the death of the
Settlor, LENORE W. PISCIONERI, and regardless of whether the other
Settlor, ANTHONY R. PISCIONERI, survives, the Trustee shall take
the following actions and make the following distributions:
A. Specific Gifts from the Trust Estate. The Trustee
shall make the following distributions:
(1) The Trustee shall distribute One Thousand and 00/100
($1,000.00) Dollars to Gaudenzia, Inc., now of 1910 No. 2nd
Street, Harrisburg, Dauphin County, Pennsylvania, or its
successor, to be used in the discretion of its goveming
board.
(2) The Trustee shall distribute Five Hundred and 00/100
($500.00) Dollars to Messiah Village, now of 100 Mt. Allen
Drive, Mechanicsburg, Cumberland County, Pennsylvania, or its
successor, to be used in the discretion of its goveming
board.
3
'.
(3) The Trustee shall distribute One Thousand and 00/100
($1,000.00) Dollars to the Alzheimer's Association-South
Central Pennsylvania Chapter, now of 1013 Mumma Road, Suite
303, Lemoyne, CUmberland County, Pennsylvania, or its
successor, to be used in the discretion of its governing
board.
(4) Upon the earlier of (i) the date on which the
individual attains the age of twenty-five (25), or (ii) the
completion of the three (3) year period following the death of
the Settlor, LENORE W. PISCIONERI, the Trustee shall
distribute Five Thousand and 00/100 ($5,000.00) Dollars to
each of the following named individuals: PAULA DABER, JOSHUA
PISCIONERI, ANTHONY W. PISCIONERI, JENNIFER WRAY, ERIC WRAY,
AARON PISCIONERI, JORDAN PISCIONERI, ELIZABETH PISCIONERI, and
DAVID WERTZ. During the three (3) year period, the Trustee(s)
shall use the respective amounts for the benefit of the
respective individuals, including. educational and medical
expenses for said individual.
(5) Upon the earlier of (i) the date on which the
grandchild attains the age of twenty-five (25), or (ii) the
completion of the three (3) year period following the death of
the Settlor, LENORE W. PISCIONERI, the Trustee shall
distribute Five Thousand and 00/100 ($5,000.00) Dollars to any
grandchild of the Settlors born after the creation of this
Trust but prior to the end of the three (3) year period.
During the three (3) year period, the Trustee(s) shall use the
respective amounts for the benefit of the respective
individuals.
(6) If, at the death of the Settlor, LENORE W.
PISCIONERI, the other Settlor, ANTHONY R. PISCIONERI, is still
surviving, then the Trustees shall make arrangements for the
funeral for ANTHONY R. PISCIONERI and shall prepay the total
funeral expenses, prior to any other distribution from the
Trust.
In the event any of the above distributions under this Paragraph
4.03(A) would constitute a gift to an individual under the age of
twenty-five (25) years, that distribution shall be held in a
Uniform Gift to Minors Account with the parents of the individual
as custodian of such Account. upon that individual reaching the
age of twenty-five (25) years of age, the account shall terminate
and full distribution of the assets of the account shall be given
to the individual, per stirpes.
B. Remainder of the Trust Estate. The remainder of the
Trust estate shall continue for a period not to exceed three (3)
years fOllowing the death of the Settlor, LENORE W. PISCIONERI.
4
'.
Upon the death of the Settlor, LENORE W. PISCIONERI, the remaining
Trust estate shall continue IN FURTHER TRUST for the benefit of the
Settlors' children, ROBERT A. lIRAY, JOSEPH W. PISCIONERI, WILLIAM
M. PISCIONERI, and DANIEL T. PISCIONERI. The net income that
accrues on' the Trust shall be distributed annually, in equal
amounts, to each of the Settlor's children, ROBERT A. lIRAY, JOSEPH
W. PISCIONERI, WILLIAM M. PISCIONERI, and DANIEL T. PISCIONERI, per
stirpes. The principal of the Trust shall be distributed in four
(4) separate and equal annual installments, the first installment
being made as soon after the death of the Settlor, LENORE W.
PISCIONERI, as is practical, and the remaining three (3)
installments being made on the date one (1) year after the date of
death of the Settlor, LENORE W. PISCIONERI, and continuing each of
the two (2) succeeding years thereafter until the shares have been
distributed. Each and every annual installment shall be
distributed in separate and equal shares to each of the Settlors
children, ROBERT A. WRAY, JOSEPH W. PISCIONERI, WILLIAM M.
PISCIONERI, and DANIEL T. PISCIONERI, per stirpes. On the date
three (3) years after the date of death of the Settlor, LENORE W.
PISCIONERI, the Trust shall terminate and all of the Trust assets
and any accrued income shall be distributed, in separate and equal
shares, to the Settlors' children, ROBERT A. WRAY, JOSEPH W.
PISCIONERI, WILLIAM M. PISCIONERI, and DANIEL T. PISCIONERI, per
stirpes. If any of the Settlors' children predecease the
termination of this Trust, the predeceased child's share shall be
distribute equally to the predeceased child's issue, per stirpes,
provided that if any of Settlors' children predecease the
termination of this Trust without leaving issue, then such
predeceased child's share shall be distributed equally to the then-
living children of Settlors, per stirpes.
4.04. General Power of Appointment. Settlors' son, DANIEL
T. PISCIONERI, and Settlors' son, ROBERT A. WRAY, are hereby
granted the general power to appoint some or all of the principal
of this Trust to themselves or any other individual, in such
proportions and upon such terms (in trust, outright gifts, or in
any other manner) as they jointly deem advisable. This power shall
not be exercisable under their Wills. If Settlors' sons fail,
either in whole or in part, to exercise this general power of
appointment herein granted, the unappointed principal shall
continue in trust and shall be administered according to the terms
of this Trust.
4.05. Broad Special Power of Appointment. LENORE W.
PISCIONERI is hereby granted the special power to appoint, at any
time and from time to time, the principal of this Trust in whole or
in part and in any manner and in such proportions as she deems
advisable to whomever she desires. This power is exercisable under
her Will. This special power of appointment does not grant to
LENORE W. PISCIONERI the power to appoint the principal of this
5
Trust to herself, her estate, her creditors or the creditors of her
estate. If LENORE W. PISCIONERI fails, either in whole or in part,
to exercise this special power of appointment herein granted, the
unappointed principal shall continue in trust and shall be
administered according to the terms of this Trust.
ARTICLE V. POWERS OF TROSTEE
5.01. General Powers. In addition to such other powers
and duties as may have been granted elsewhere in this Trust, but
subject to any limitations contained elsewhere in this Trust, the
Trustee shall have the following powers and duties:
A. In the management, care and disposition of this Trust, the
Trustee shall have the power to do all things and to execute such
deeds, instruments, and other documents as may be deemed necessary
and proper, including the following powers, all of which may be
exercised without order of or report to.any court:
-
(1) To sell, exchange, or otherwise dispose of any
property, real, personal or mixed, wheresoever located,
at any time held or acquired hereunder, at public or
private sale, for cash or on terms as may be determined
by the Trustee, without advertisement, including the
right to lease for any term notwithstanding the period of
the Trust, and to grant options, including an option for
a period beyond the duration of the Trust.
(2) To invest and reinvest all or any part of the
Trust Estate in any common or preferred stocks, shares of
investment trusts and investment companies, bonds,
debentures, mortgages, deeds of trust, mortgage
participations, notes, real estate, or other property the
Trustee, in the Trustee's discretion, selects; provided
that the Trustee may not invest in any stock or
securities issued by the corporate Trustee or issued by
a parent or affiliate company of such Trustee; in the
manner that, under the circumstances then prevailing
(specifically including, but not limited to, the general
economic conditions and the anticipated needs of the
Trust and its beneficiaries), persons of skill, prudence,
and diligence, acting in a similar capacity and familiar
with those matters would use in the conduct of an
enterprise of similar character and similar aims, to
attain the Settlor's goals under this trust agreement.
(3) To retain for investment any property deposited
with the Trustee hereunder.
(4) To vote in person or by proxy any Corporate
6
stock or other security and to agree to or take any other
action in regard to any reorganization, merger,
consolidation, liquidation, bankruptcy or other procedure
or proceedings affecting any stock, bond, note or other
security held by this Trust.
(5) To use lawyers, real estate brokers,
accountants and any other agents, if such employment is
deemed necessary or desirable, and to pay reasonable
compensation for their services.
(6) To compromise, settle or adjust any claim or
demand by or against the Trust and to agree to any
rescission or modification of any contact or agreement
affecting the Trust.
(7) To renew any indebtedness, as well as to borrow
money, and to secure the same by mortgaging, pledging or
conveying any property of the Trust, including the power
to borrow from the Trustee (in the Trustee's individual
capacity) at a reasonable rate of interest.
(8) To retain and carry on any business in which
the Trust may acquire any interest, to acquire additional
interests in any such business, to agree to the
liquidation in kind of any corporation in which the Trust
may have any interest and to carry on the business
thereof, to join with other owners in adopting any form
of management for any business or property in which the
Trust may have an interest, to become or remain a
partner, general or limited, in regard to any such
bUSiness or property and to hold the stock or other
securities as an investment, and to employ agents, and
confer on them authority to manage and operate the
business, property or corporation, without liability for
the acts of any such agent of, for any loss, liability or
indebtedness of such business if the management is
selected or retained with reasonable care.
(9) To register any stock, bond or other security
in the name of a nominee, without the addition of words
indicating that such security is held in a fiduciary
capacity, but accurate records shall be maintained
showing that the stock, bond or other security is a trust
asset and the Trustee shall be responsible for the acts
of the nominee.
(10) To merge this Trust with any other trust
created in my Will or otherwise, with similar provisions
and purposes and the same beneficiary or beneficiaries,
7
but only to the extent that the merger of the trusts will
not cause the imposition of gift tax or generation-
skipping tax, federal or otherwise.
B. Whenever the Trustee is directed to distribute any trust
principal in fee simple to a person who is then under twenty-one
(21) years of age, the Trustee shall be authorized to hold such
property in trust for such person until he becomes twenty-one (21)
years of age, and in the meantime shall use such part of the income
and the principal of the trust as the Trustee may deem necessary to
provide for the proper support and education of such person in the
standard of living to which he has become accustomed. If such
person should die before becoming twenty-one (21) years of age, the
property then remaining in trust shall be distributed to the
personal representative of such person's estate.
-
c. In making distributions from the Trust to or for the
benefit of any minor or other person under a legal disability, the
Trustee need not require the apPOintment of a guardian, but shall
be authorized to payor deliver the distribution to the custodian
of such person, to payor deliver the distribution to such person
without the intervention of a guardian, to payor deliver the
distribution to the legal guardian of such person if a guardian has
already been appointed, or to use the distribution for the benefit
of such person.
D. In the distribution of the Trust and any division into
separate trusts and shares, the Trustee shall be authorized to make
the distribution and division in money or in kind or in both,
regardless of the basis for income tax purposes of any property
distributed or divided in kind, and the distribution and division
made and the values established by the Trustee shall be binding and
conclusive on all persons taking hereunder. The Trustee may in
making such distribution or division allot undivided interests in
the same property to several trusts or shares.
E. If at any time after Settlors' death the total fair market
value of the assets of any trust established or to be established
hereunder is so small that the corporate Trustee's annual fee for
administering the trust would be equal to or less that the minimum
annual fee set 'forth in the Trustee's regularly published fee
schedule, then the Trustee in its discretion shall be authorized to
terminate such trust or to decide not to establish such trust, and
in such event the property then held in or to be distributed to
such trust shall be distributed to :he persons who are then or
would be entitled to the income of such trust. If the amount of
income to be received by such persons is to be determined in the
discretion of the Trustee, then the Trustee shall distribute the
property among such of the persons to whom the Trustee is
authorized to distribute income, and in such proportions, as the
8
Trustee in its discretion shall determine.
F. The Trustee shall be authorized to lend or borrow,
including the right to lend to or borrow from the Settlors'
estate, at an adequate rate of interest and with adequate security
and upon such terms and conditions as the Trustee shall deem fair
and equitable.
G. The Trustee shall be authorized to sell or purchase, at
the fair market value as determined by the Trustee, any property to
or from Settlors' estate, the estate of Settlor's spouse, or any
trust created by Settlor or Settlor's spouse during life or by
will, even though the same person or corporation may be acting as
executor of Settlor's estate or the estate of Settlor's Spouse or
as trustee of any other such trusts and as the Trustee of this
Trust.
H. The Trustee shall have discretion to determine whether
items should be charged or credited to income or principal or
allocated between income and principal as the Trustee may deem
equi table and fair under all the circumstances, including the power
to amortize or fail to amortize any part or all of any premium or
discount, to treat any part or all of the profit resulting from the
maturity or sale of any asset, whether purchased at a premium or at
a discount, as income or principal or apportion the same between
income and principal, to apportion the sales price of any asset
between income and principal, to treat any dividend or other
distribution on any investment as income or principal or to
apportion the same between income or principal, to charge any
expense against income or principal or apportion the same, and to
provide or fail to provide a reasonable reserve against
depreciation or obsolescence on any asset subject to depreciation
or ObSOlescence, all as the Trustee ~y reasonably deem equitable
and just under all of the circumstances.
I. The Trustee is hereby authorized and empowered to purchase
such insurance policies as it deems appropriate.
5.02. Votinq bv Trustee. When the authority and power
under this Trust is vested in two (2) or more Trustees or Co-
Trustees, the authority and powers are to be jointly by the
Trustees or CO-Trustees. A majority of the Trustees or CO-Trustees
may exercise any authority or power granted under this Trust
Agreement or granted by law," and may act on behalf of the Trust.
Any attempt by one such Trustee to act for the Trust on other than
ministerial acts shall be void. The action of one such Trustee on
behalf of the Trust may be (but need not be) validated by a
subsequent ratification of the act by a majority of the Trustees or
CO-Trustees.
9
ARTICLE VI. SPENDTHRIFT PROVISION
6.01. General Provision. No beneficiary shall have the
power to anticipate, encumber or transfer his interest in the Trust
Estate in any manner other than by the valid exercise of a Power of
Appointment. No part of the Trust Estate shall be liable for or
charged with any debts, contacts, liabilities or torts of a
beneficiary or subject to seizure or other process by any creditor
of a beneficiary.
ARTICLE VIr. CONSTRUCTION OF TRUST
7.01.
interpreted in
Pennsylvania.
Choice of Law. This Trust shall be administered and
accordance with the laws of the Commonwealth of
7.02. Code. Unless otherwise stated, all references in
this Trust to section and chapter numbers are to those of the
Internal Revenue Code of 1986, as amended, or corresponding
provisions of any subsequent federal tax laws applicable to this
Trust.
7.03. Other Terms. Unless the context otherwise requires,
the use of one or more genders in the text includes all other
genders, and the use of either the singular or the plural in the
text includes both the singular and the plural.
7 . 04 . CaDtions. The captions set forth in this Agreement
at the beginning of the various divisions hereof are for
convenience of reference only and shall not be deemed to define or
limit the provisions hereof or to affect in any way their
construction and application.
7.05. Situs of Trust. The Trust shall have its legal
situs in CUmberland County, Pennsylvania.
ARTICLE VIrI.
COMPENSATION OF TRUSTEE AND
APPOINTMENT OF SUCCESSOR TRUSTEE
8.01. Comoensation. The Trustee shall receive as its
compensation for the services performed hereunder that sum of
money, based on an hourly charge or percentage rate, which the
Trustee normally and customarily charges for performing similar
services during the time which it performs these services.
8.02. Removal of Trustee. Settlors may remove the
Trustee, at any time or times, with or without cause, upon thirty
(30) days written notice given to the current Trustee. Upon the
death of the Settlors, a majority of the current income
10
t
beneficiaries may remove the Trustee, at any time or times, with or
without cause, upon thirty (30) days written notice given to the
Trustee. Upon the removal of the Trustee, a successor Trustee
shall be appointed in accordance with the terms set forth in
Paragraph 8.03.
8.03. AplJointment of SUccessor Trustee. The Trustee may
resign at any time upon thirty (30) days written notice given to
the Settlors if Settlors are living, or in the event of Settlors'
death, upon thirty (30) days written notice given to the current
income beneficiary or beneficiaries (including a beneficiary's
natural or legal guardian or legal representative), hereunder.
Upon the death, resignation, removal or incapacity of the Trustee,
DANIEL T. PISCIONERI and ROBERT A. WRAY, or the survivor of them,
shall serve jointly as successor Co-trustees. A second successor
trustee may be appointed by the Settlors or the survivor during
S~ttlors' lifetimes, or, after Settlors' deaths, by a majority of
the current income beneficiaries. Settlors prohibit the Succession
appointment of Settlors, or either of them, as Trustee and any
attempt to do so shall be without authority under this Agreement.
Any second Successor trustee shall be a financially sound and
competent Corporate trustee. Any second successor trustee thus
appointed, or, if the Trustee shall merge with or be consolidated
with another corporate fiduciary, then such corporate fiduciary,
shall Succeed to all the duties and to all the powers, including
discretionary powers, herein granted to the Trustee.
ARTICLE IX. PERPETUITIES CLAUSE
9. O~. General Provision. Notwithstanding anything to the
contrary in this Trust, each disposition I have made here, legal or
equitable, to the extent it can be referred in its postponement of
becoming a vested interest to a duration measured by some life or
lives in being at the time of my death is definitely to vest in
interest, although not necessarily in possession, not later that
twenty-one (2~) years after such lives (and any period of gestation
involved); or, to the extent it cannot be referred in any such
postponement to such lives, is to so vest not later than twenty-one
(2~) years from the time of my death.
ARTICLE X.
ACQUISITION OF UNITED STATES TREASURY BONDS
ELIGIBLE FOR TAX PAYMENT; PAYMENT OF TAXES, FUNERAL
EXPENSES, AND EXPENSES OF ADMINISTRATION
~o . O~. Acauisi tion of BoDds. The Trustee may, at any time,
without the prior approval or direction of the Settlors and whether
or not the Settlors are able to manage their own affairs, acquire
United States Treasury Bonds selling at a discount, which bonds are
redeemable at their par value plus accrued interest thereon for the
11
,
purposes of applying the proceeds to the payment of the United
States estate tax on the Settlors' estate; and the Trustee may
borrow from any lender, including itself, with or without security,
to so acquire these bonds.
10.02. Pavment of United States Estate Tax bv Bond
Redemotion. The Settlors direct that any United States Treasury
Bonds which may be redeemed at their par value plus accrued
interest thereon for the purpose of applying the proceeds to the
payment of the United States estate tax imposed on the Settlors'
estates, and which are held by the Trustee, shall, to the extent of
the amount determined to be required for payment of the estate tax,
be distributed to the legal representative of the Settlors' estates
to be used by the legal representative ahead of any other assets
and to the fullest extent possible to pay the estate tax.
10.03. PaYment of Death Taxes and Other Estate Settlement
Costs. After the Trustee has complied with paragraph 10.02, above,
and ascertained from the legal representative that all such bonds
have been redeemed in payment of the United States estate tax, the
Trustee shall also ascertain from the legal representative whether
the legal representative has sufficient assets to pay the remaining
legacy, succession, inheritance, transfer, estate and other death
taxes or duties (except the additional estate tax imposed by
Section 2032 (c), or corresponding provisions of the Internal
Revenue Code of 1986 applicable to the Settlors' estates and
imposing the tax) levied or assessed against the Settlors' estates
(including all interest and penalties thereon), all of which taxes,
interest and penalties are hereafter referred to as the death
taxes, interest and penal ties. If the legal representative advises
the Trustee that insufficient funds exist to pay all the death
taxes, interest and penalties, the Trustee shall then pay to the
legal representative from the trust property, an amount equal to
all the death taxes, interest and penalties in excess of the funds
available to the legal representative for this purposes, which
payments are to be made without apportionment. In making the
payments, the Trustee shall use only those assets or their proceeds
which are includable in the Settlors' gross estates for purposes of
the United States estate tax and shall not impair the marital
portion without first exhausting the entire non-marital portion.
-
If the Executors of the Settlors' Estates, in such Executor's
sole discretion, shall determine that appropriate assets of
Settlors' estates are not available in sufficient amount to pay (1)
the Settlors' funeral expenses, and (2) expenses of administering
the Settlors' estates, the Trustee shall, upon the request of the
Executor of the Settlors' estates, contribute from the principal of
the trust estate the amount of such deficiency; and in connection
with any such action the Trustee shall rely upon the written
statement of the Executor of the Settlors' estates as to the
12
,
validity and correctness of the amounts of any such expenses, and
shall furnish funds to such Executor so as to enable such Executor
to discharge the same, or to discharge any part of all thereof
itself by making payment directly to the person entitled or
claiming to be entitled to receive payment thereof. No
consideration need be required by the Trustee from the Executor of
Settlors' estates for any disbursement made by the Trustee pursuant
hereto, nor shall there be any obligation upon such Executor to
repay to the Trustee any of the funds disbursed by it hereunder,
and all amounts disbursed by the Trustee pursuant to the authority
hereby conferred upon it shall be disbursed without any right in or
duty upon the Trustee to seek or obtain contribution or
reimbursement from any person or property on account of such
payment. The Trustee shall not be responsible for the application
of any funds delivered by it to the Executor of the Settlors'
estates pursuant to the authority herein granted, nor shall the
Trustee be Subject to liability to any beneficiary hereunder on
account of any payment made by it pursuant to the provisions
hereof.
IN WITNESS WHEREOF, the Settlors and Trustee have hereunto set
their hands and seals as of the day and year first above written.
WITNESS:
&,
~~
~'I'"'J
() '-o./\/'\~'v 'V'v
~J V (SEAL)
R. PISCIONERI, SETTLOR
~
{1y
ANTHONY
it"
,:l;-~N'C' Ill, Fl4:c~:,",',,,: (SEAL)
LENORE W. PISCIONERI, SETTLOR
-
13
,
COMMONWEALTH OF PENNSYLVANIA
COUNTY OF CUMBERLAND
. . ,~
On this, the,1j day of October, 1996, before me, a Notary
Public, the undersigned officer, personally appeared ANTHONY R.
PISCIONERI and LENORE W. PISCIONERI, his wife, known to me (or
satisfactorily proven) to be the persons whose names are subscribed
to the within Trust Agreement, and acknowledged that they executed
the same for the purposes therein contained.
SS:
IN WITNESS WHEREOF, I have set my hand and official Seal.
-
The
accepte ,
1996.
regoing Trust Agreement was delivered, and fl~s hereby
t IJ4UtvNTr , Pennsylvania, on Ot:-l<<U~ 3d> ,
~C'~, // .. 4':. ;.~, '
LENORE W. PISCIONERI,
(SEAL)
TRUSTEE
-
14
, ,
SCHEDULE · A.
SCHEDULE
REFERRED TO IN THE ANNEXED
TRUST AGREEMENT
DATED OCTOBER 2(L, 1996
FROM ANTHONY R. PISCIONERI AND LENORE W. PISCIONERI
SETTLORS
TO LENORE W. PISCIONERI,
TRUSTEE
-
15
,
SCHEDULE . A n
SCHEDULE
REFERRED TO IN THE ANNEXED
TRUST AG~R!:'MENT
DATED OCTOBER 2t2, 1996
FROM ANTHONY R. PISCIONERI AND LENORE W. PISCIONERI
SETTLORS
TO LENORE W. PISCIONERI,
TRUSTEE
1.5
, .
PA REV-1500
SCHEDULE E
CASH, BANK DEPOSITS &
MISCELLANEOUS PERSONAL
PROPERTY
. .
.. .". ~- -.. -- ...-- ...._~..-
.,:
L.YHCH
. rEHHER , '"ITH IHC.
INYK.'.. aCCOUH'
nn_ IINC".. '.."rctt. c......,u. III'CI
F,C. PAGE. TEL.EPHOHE .
.135 I 717-S7!H62!
STATE T PERIOD SS OR ID
10'31'98 TO 11'27'91 ll27-o1-113~
. FlHANCIAl. COIISUl.TAHT IHllESTOR
GAAV A CIfIISTIE CIlEDIT LINE
OFF ICE SEIlJlltG VOUIl AccOUHT TVI'E
214 SENATE A~. STE 50l
C",",P Hill 17D1I CASH
....
'II AHTHOHV R PISCIDHERI OCSD
~44 WOOOCflEST DR
/lECHA/lICSIU'lG PA l7D5S-6110
ACCOUHT SUIWlV
.....
OPENIHG I AHeE CLOSIHG IAl.AHCE
*394 . mDR t. 65CA
10 31 ..p,'EHIHG IAUlHCE
COD II Oi!.d~IDEHD
000 II 02 SALE
ODD II 02 R'i~EIveD
SDE II O~ JOURHAl. ENTRY
SOE 11 04 JL ENTRY
~...
SOE II 06 J~ EHTRY
f r,'
000 liDS Sll..E
000 II 09 +IVED
11 27 4ilOSltll 1IIlUlHCE
FIHQ. OUT \/HAT TOP STOCK PICHS ouR _D-WIHHIHG TEAll OF GLOIAL AHAl.VSTS
Is SElECTIHG FOR 1999. SEE OUR NEWSLETTER TO lEMll 1'IORl!.
....
DESeRI TlOH
REPORTABLE IVIDENDS
REPORT AILE GROSS PROCEEDS
~...
lj.
1lOHeV< ACCOUHT
.L
~ READV RS~ET TRVST
~...
1'1 DATE ,i~AHSACTIOH
I
"1F
"au
IHVEST/lENTS "DHEV ACCOUHTS PRICED PORTFOLIO
to '2.541.07 S2. 54 I. 72
TRX IHFORMTlCtI S\.!'Il'lARV
....,
Tloft STATE"fHT
YEAR TO DATE
tI6.SOCR
S.OO
"OIEY ACCOl.tlT$ S\.lI'I'IIlAV
"7.64CR
S23.576.77CR
.....
OPEHltIl
t/Il.AHCE
CLOSING
. IALAHCE
DIVIDEHD'IHTEREST
TMI S ST"T. YEAR TO DATE
SI2.063.64 12.541. 07
CAll V ACCOUHT ACTIVITV
SI3.43
tl39. D7
.....
DESCRIPTIOH
PRICE
Ai'l(MlT
RTIY CORP COIl
HOLDING 5). CDOO
3946 Nt READV ~SSETS TRUST
3946 Nt flEAOV .uSETS TIIOST
-SO RT&T CORP COIl
TR TO 172"9406
",0 DAHIEI. T. PISCIOHERI
-16 lUCEHT TE':fflO!.OGIEt IHe
TR TO 8721S~D6
.....0 DAHIEl T. PISCIllttERI
TR TO 172'!9~D6
"'0 DANIEL T. PISCIOHERI
5550 Ill. RERDY IlSSETS TRVST
.'RED"" EFFECTIVE 11'06
5590 Nt READY "SSETS TRUST
U945.20DR
116. sacR
13946. DOCR
S5606.65
SS590.DOCR
'.65CR
iF" EHD OF STRTE/lEHT HOVERBER 1998
;~I' "rJQll;v !'i'r~l"i:v":) r=a'f.;~:fl';,.~"r6Z~;l.:"O:~; ':i5~i..~r~. aal~ 0 Uf' '~.1&a~' .ft. :ev. ""~
!H!.U.l'!"!!.~~ ,!y!...~sc,~!,r..h'!'!~...e'! !11!JJ.~..~.~.S:'!!U!!!I.'J'"S.L'.!_!"f_."lcr ~ -..... _ .
",
'>:
''j(
').
I
:I..
I
...
."
.".
TOTAL P.02
11/07. 11~ CEN:I1JRY 21 PISCIONERI.
" . ..~
Merrill Lynch, Ira <: y Individual
Pierce, Fenner & Smith Inc. J Investor Account
"'ember. Securities investpr Prol~ion Corporalfcn fSIIC1
1(J00l
r-
ACCOUNT If IF/C II IPAGE , TELEP_ I
S7? 49~06 8135 1 717-915-4629
STATEMENT PERIOD SS III ID
10/31/98 TO 11/27/98 23-79G6024
FINANCIAL CONSULTANT I NVESlIlR
GARY A CHRISTIE CREDIT LINE
OFFICE SERVING YOUR ACCOUNT lYI'E
214 SENATE AVE, STE 501
CAMP HILL PA 17011 _H
P.M'''_
- '::! .JWI::'..7""""""...:.....~_,y
-..."""""""...--;u ;..;I
DANIEL T. PISCIDNERI TTEE
RDBERT A. WRAY TTEE
U/A DTD 10/30/96
BV PISCIDNERI FAMILY IRREV TR
444 WDDDCREST DR
MECHANICSBURG PA 17055-6810
-
FOR C~ST2MER SERVICE.PLEASE CALL lULL-FREE 1-800-MER-ACCT (1-800-637-2228)
-*-
ACCOUNT SUMMARY
-
OPENING BALANCE CLOSING BALANCE
5740.80CR 5134.92CR
INVESTMENTS MONEY ACCOUNTS PRICED PORTFOliO
565135 543,7T4.91 5109,044.83
**tt*tt
TAX INFORMATION SUMMARY
*****
DESCRIPTION
THIS STATEl'lENT
YEAR TO DATE
REPORTABLE DIVIDENDS
REPORTABLE GROSS PROCEEDS
-*
S134.47CR
S.OO
MOIIEY ACCOUNTS SUMMAlIY
57,364.58CR
$30,257.31CR
"''''***
MONEY ACCOUtIT.
0PIJl1 ND CLOS I ND
8~NCE 8ALANCE
DIVIDEND/INTEREST
THIS STMT. YEAlI TO DATE
ML READY ASSET TRUST
*****
517,280.00 S113.774.91
OAILY ACCOUNT ACTIVlrv
$147.91
$1,501.22
*****
DATE
TRANSACT! ON
DESCRIPTION
AMOUNT
10 31
OPENING BALANCE
S740.80CR
11 04 JOURNAL ENTRY
50 AlaT CORP COM
T1l FROM 87249323
NIS I'IR ANTHONY R PISCION
16 LUCENT TECHNOLOGIES INC
T1l FROM 87249323
N/II IlR ANTHONY R P I SC I ON
T1l rROM 87249323
NIU MR ANTHONY R PISC10N
6347 ML READY ASSETS TRUST
6347 ML READY ASSETS TRUST
ML CORP BD HIGH INCOME B
ML WORLD I NCOME FUND B
S'606.65CR
11 04 JOURNAL ENTRY
11 06 JOURNAL ENTRY
11 10 FUND DELI VERY
11 10 PURCHASE
11 20 *DIVIDEND
11 24 *DIVIDEND
11 27 CLOSING BALANCE
*****
$6347.00
S131.92CR
52.55CR
S134.92CR
CURRENT PORTFOLIO
"****
QUANTITY
INVESTMENT DESCR I PT! ON
50
100
16
**AT&T CORP COM
**BETHLEHEM STEEL PV$1 COM
**LUCENT TECHNOLOGIES INC
63.062
8.312
88.437
$3153 2.09
S831
$1414 .18
NOVEMBER
566
53
1998
-aClClo:tSts
FOR AN /;)(PLANA nON orr Sl'MlfOLS. nLAS~ ~l!f!! 1f~~f!! SIDE
~""'C."llV:lCTO"'",,""C1""<;C'_TM1_I:I;'Ulftl.TQ'_~~~'\'CUIl'TATnI_Cl~"''faIIl~'fI'tIV'''''"l:QI'''''''"lIT'Cl.'''''~,
~ N"I<l..O "C1l11i'1:~ r~ .\l&irOH ~o~ "1X(l1JOfT ~""''''''''Cl_1U.L CClMc:~a~'f'!I"" t'Hoe~ flJt\1l'ltMI YOVII ~eCDVIfT,
_V~"'YOV TOnee1<'l1J!l fUlSi!rI'"~~DIT rOllll:l'lIC rlft;J'._"~II:T""___
CODl!5'1J35 R 1'Af-96)
~ Merrill LJllch
!N"..'fi">t>"""""........,.'""'_~="...'" ..,~~
lL
~002
Merrill Lynch,
Pierce, Fenner & Smith Inc.
Member. Securities InV8:110r Proteelion Corporelion (SIPC)
Individual
Investor Account
ACCOUNT #
872 49406
Ir.__ ...."'M..,..,~=.J'=..,.;:;.c.l't..i'..~;;J
TELEPHONE #
717-975-4629
DANIEL T. PISCIONERI TTEE
ROBERT A. "'RAY TTEE
-
*****
CURRENT PORTFOLIO
-
QUANTITY
INVESTMENT OESCRIPTION
200 **MICROSOFT CORP 12B.062 $25612
200 **HYLAN LABORATORS I NC 34.312 ~6862 .46 !32
253 --_. 'PU"FN.ojlf -F-O-FOR., QROWTH ,,_."U ._._ 21.790 . 55;12 1..39 77 _
AND I NCOME ClASS B
1032 ML TECHNOLOOY FUND CL B 4.470 84G13
16 PUTNAM FUND FOR GROWTH 22.070 8353 2.08 $7
AND INCOME CLASS A $16436
2264 ML CORP BD HIGH INCOME B 7.260 10.61 $1744
56 ML WORLD INCOME FO CL B 6.240 $349 9.45 833
TOTALS FOR PRICED INVESTMENTS 865135 81962
FIND OUT WHAT TOP STOCK PICKS OUR AWARD-WINNING TEAM OF GLOBAL ANALYSTS
IS SELECTING FOR 1999. SEE OUR NrwSLETTER TO LEARN MORE.
-000029596
END OF STATEMENT
NOVEMBER 1998
roR AN IiXPLANA nON Or SYMBOLS, PUA,SG StiG R~S_ sloe
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CODE 503' R {R1-'il1J1
~ Merrill Lyncll
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PA REV-1500
SCHEDULE H
FUNERAL EXPENSES and
ADMINISTRATIVE COSTS
. -.
Home. lfll1liC.
Established .1895
Brian C. Musselman, F,e.
Supervisor
William G. Pegan, F.D.
P,O. Box 137 .
324 Hummel Avenue
Lemoyne, PA17043-Q137
(717) 763-7440
To Funeral Expenses of ANTHONY R. PISCIONERI
(Date of death, Nov.17,1991l)
PROF. SERVICES RE.MJERm, .FACIL.1TIES & Auras
20-gaugesteel casket
Reinforced concrete vault
. cash i!:xpenditures:
st. Theresa.'s ChurCh
Organist
cantor
Altar Servers
Grave opening & closing
eertfied copies of certificate
1Ul'AL
Jan. 26, 1999, Robert.Wray paid $4,380.00
Feb.. 15, cumberland .co. paid $ioo.oo'
THtS BILL CXJNSIDERED PAID IN FULL" Feb, 15, 1999
By: ~~~J~.' d~_~~-^-
. '
Brian C. Musselman, supr.
Musselman Fune,ral Heme, Inc.
FDilAPPOJNTMEHT PIILWE 117.163.144li
Produced March 13,200.1
$2,750.00.
600.00
650.00
100.00
75.00
50.00
15.00
220.00
.20.00
$4,000.0.0.
480.00
$4,480..00
10.0..00
o
IN THE MATTER
OF THE ESTATE OF:
IN THE COURT OF COMMON PLEAS
CUMBERLAND COUNTY, PENNSYLVANIA
ORPHANS' COURT DIVISION
ANTHONY R. PISCIONERI,
Deceased
NO. 21-01-1/53
-' 0 ~E R
AND NOW, TO WIT: This31daYOf~ I
, 2001, upon consideration of
the foregoing Petition and on motion of the attorney for the Petitioners, it is ordered that the property
of the decedent be distributed under Section 3102 of the PEF Code as follows:
(a) In reimbursement of claims paid:
Name
Amount
Robert A. Wray
$2.541.72
Total:
$2.541. 72
This decree of distribution shall constitute sufficient authority to all transfer agents, registrars
and others dealing with the property of the estate to recognize the persons named herein as entitled
to receive such property without administration, and shall in all respects have the same effect as a
decree of distribution after an accounting by a personal representative.
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N THE MATTER
OF THE ESTATE OF:
IN THE COURT OF COMMON PLEAS
CUMBERLAND COUNTY, PENNSYLVANIA
ORPHANS' COURT DIVISION
ANTHONY R. PISCIONERI,
Deceased
NO.
PETITION FOR SETTLEl\1ENT OF SMALL ESTATE
TO THE HONORABLE, THE JUDGE OF SAID COURT:
The Petition of the undersigned respectfully represents:
1. The name, address and relationship of your petitioners to the above decedent are:
Name:
Address:
Robert A. Wray
6611 Northampton Court, Harrisburg,
Dauphin County, Pennsylvania 17111
Son
Relationship:
Name:
Address:
Relationship:
Daniel T. Piscioneri
520 Devon Road, Camp Hill,
Cumberland County, Pennsylvania 17011
Son
2. The above decedent died on November 17, 1998, a resident of Messiah
Village, 100 Mt. Allen Drive, Upper Allen Township, Cumberland County, Pennsylvania 17055.
3. The decedent was predeceased by his wife, Lenore W. Piscioneri, on May 25, 1997.
4. The decedent was predeceased by his son, Joseph W. Piscioneri, on February 11,
1998. Joseph W. Piscioneri had no surviving spouse or children.
5. The decedent was survived by his sons, Robert A. Wray, Daniel T. Piscioneri, and
William M. Piscioneri.
6. Said decedent died Testate, leaving a Will, a copy of which is hereto attached, in
which the personal representatives named therein are the Petitioners herein, Robert A. Wrayand
Daniel T. Piscioneri.
7. The names, relationships and interests of all parties beneficially interested in the
estate are as follows:
Name Relationship Interest Sui Juris
Robert A. Wray Son one-third (1/3) Yes
Daniel T. Piscioneri Son one-third (1/3) Yes
William M. Piscioneri Son one-third (1/3) Yes
8. No person is entitled to and claims the family exemption of $3,500.00 by virtue of
being a member of the same household as the decedent.
9. Said decedent died owning property (exclusive of real estate and of wages, salary,
pension or vacation benefits) of a gross value not exceeding $25,000.00, which is itemized as
follows:
Item
Amount
Merrill Lynch Money Account
Account No. 872-49323-8135
Date of Death Value of account
*distribution to include amount of
interest or dividends accrued to date
$ 2.541.72
Total:
$ 2541.72
10. An itemized statement of all claims against the estate is as follows:
(a) Claims heretofore paid by Robert A. Wray to the following:
Claimant
Nature
Amount
Musselman Funeral Home, Inc.
Funeral Service
$ 4.480.00
Total:
$ 4.480.00
(b) Claims remaining unpaid: NONE
11. The Petitioners will cause to be paid all Pennsylvania inheritance taxes due on all
property to be awarded by simultaneously filing the Pennsylvania Inheritance Tax Return with the
within Petition.
12. All parties beneficially interested in the estate other than the Petitioners have signed
the joinder in this Petition which is hereto attached.
WHEREFORE, your Petitioner prays that the above property of the decedent be distributed
under Section 3102 of the PEF Code as follows:
(a) On account of the family exemption: NONE
(b) In reimbursement of claims against the estate heretofore paid:
Name
Amount
Robert A. Wray
$ 2.541.72
Total:
$ 2.541.72
(c) For payment of claims against the estate remaining unpaid: NONE
(d) In distribution in accordance with the interests in the estate:
Name
Amount
Robert A. Wray
Daniel T. Piscioneri
William M. Piscioneri
$
0.00
0.00
0.00
Total:
0.00
Dated: l~/ r~ ,2001
r Lowell . Gates, Esquire
PAL #46779
1013 umma Road, Suite 100
Lemo e, PA 17043
(717) 731-9600
Dated: 1~!13 ,2001 RO~P~~O~~~
f
Dated:
1;)..../13 ,2001
f
VERIFICATION
This 13 ~ day of Dece~~-v
, 2001, the foregoing Petitioners hereby verify,
subject to the penalties of 18 Pa.C.S. 4904 (relating to unsworn falsification to authorities), that the
facts set forth in the foregoing Petition which are within their knowledge are true, and as to the facts
based on information received, after diligent inquiry, they believe them to be true.
~9~' ~.
Daniel T. Piscioneri, Petitioner
JOINDER
I, the undersigned, being a party, other than the Petitioner, who is beneficially interested in
the estate of the foregoing decedent, do hereby certify that I have read the forgoing Petition and join
in the prayer thereof.
Dated: -Lll zc; / rJ I
/ I
,2001
~~~~
William M. Piscioneri
DEATH CERTIFICATE
q ll'~ I,' r'"
This IS to certifY that the inforrrjation I~ere given is correctly copied fron: an original ce~tificate of ~eath d~l~ filed with
Local Registrar. The original cei.tificate will be forwarded to the State Vital Records Office for permanent filmg.
me as
WARNING: It is illegal to duplicate this copy by photostat or photograph.
Fee for this certificate, $2.00
No.
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Local Registrar
5392410
NOV 2 0 1998
Date
43 Rev. 2187
COMMONWEALTH OF PENNSYLVANIA. DEPARTMENT OF HEALTH. VITAL RECORDS
CERTIFICATE OF DEATH
NAME OF DECEDENT (FIrst. Middle. LoUI)
I. ///Y7'/-/Q V
AGE (La" BirtMay)
....
Cumberland Co.
Upper Allen
SEX
2lUale
STATE FILE NUMBER
SOCIAL SECURITY NUMBER
DATE OF DEATH IMonth. Day, '''earl
/P /l2S t!..I C) AI .i::-"fJ L
$.
COUNTY OF DE.<TH
83 v,.
UNDER 1 DAY
HOUtlI ! M.....
DME OF BIRTH
IMOnlh, Day, '(earl
3. 027 -01
-1134
<Nov.171998
BtRTHPLA.CE (Cily and
Stale Of Fore.gn CounlIY)
g'':;,ty) 0
22
plete item. 23a-c only when cemtying
~.~ ph'j$icWl is not availab18 allime 01 death lO
~ certify Qua. of death
RlIems 24-26 mual be compteted by ~=E OF DEATH DATE PRONOUNCED DEAD (Month, Day, Year)
.~personWhopronounce.dealh 2... 2,' /1' /J-/Y? M. 25.
- '-::;0 27. PART I: Enter the diseases. in/uries Of comphcations which caused the dealh Do nol enter Ihe mode of dying, such as cardiac or reSpifalory arrest. shock or Mart failure
Llsl only one cause on eaCllllnEl.
DECEDENT'S USUAL OCCUPATION
(~f'~:o..~~~~~eu~r~:f
. 110. helicopter mechanic "V.S. Anny
DeCEDENT'S MAILING ADDRESS (Slreet. C4lyfTown. State. Zip Code) DECEDENT'S
ACTUAL Dtd
RESIDENCE decedent
(SeerostrUCllOn& Min.
on other Side) 17b.Coun Cumberland township? 17d.O =h=~=Of
Joseph Pi s c i 0 neri MOTHER'~ NAME IF"l!. "'ddle. ".,deo Su,namo)
Anna z,ucco
...
INFOR~'lf ~'cffid~s'~~~~lf&'itl.'bs burg, PA
2Gb.
PLACE OF DISPOSITION. Name 01 Cemetery, C,ematory
or Qlher.,flac:,
~e~vllle Cemetery
21c.
Ie.
RAce -American Indian, Black, White. etc.
(Speedy)
white
10.
SURVtVING SPOUse
(11 Wile. gIve maiden namel
444 Woodcrest Dr.
1.. Mechanicsburg, PA 17055
Salvatore
IWp
F
Cityl'boro
17055
lOCATION - CityfTown, Slate. Zip Code
Belleville,PA 17004
LICENSE NUMBER
22b.FD 013163 L
NAME AND ADDRESS OF FACtUTY
~~sselman Funeral Home,324 Hummel Ave.
LICENSE NUMBER DATE SIGNED
(Month. Day. Yearl
21d.
2Jb. 23c.
WAS CASE REFERRED TO MEDICAL EXAMINER/COAONER?
Vo.o
No){
IMMEDIATE CAUSE (FInal
dIsease Of condillon
resultmg m death)_
~!
_ SequentiaJty list condllions
.~ if any. I.edlng to immediale
~ c:au... Enl... UNDERLYING
:-a~:,~~~~~:: Inlury
~-.r..-.,esulbnglll death) LAST
2..
I Appro.1.imate
: intervaJ between
I On&el and dealh
I
I
I
PART II:
Other signinc:ant condilions contributing to death, bul
n01 resulting in the l.lndertying C8uae given in PART I.
WAS AN AUTOPSY
.~.~ PERFORMED?
.~
~
..
''!
d
WERE AUlOPSY FINDINGS
AVAILABLE PRtCR TO
COMPLETION OF CAUSE
OF DEATH?
Veo 0
MANNER OF DEATH
NaturaJ !} Homicide 0
Accident Pending Invesligalion 0
Suicide 0 Could flOI be delermined 0
DATE OF INJURY
(Month, Day, Yeal)
TIME OF INJURY
INJURY /fJ WORK?
DESCRIBE HOW INJURY OCCURRED.
Yo. 0
NO~
v.. 0
NoD
NoD
2... 28b.
CERTifiER (Check only onel
.CERTIFYING PHYSICIAN (PhySlC~ certllYlOg cause of daath when anOlnEtf phYSICian nas pronounced dealll ana compleled !lero 23)
To the be., o. my know'-<:lge, death oceurr-.d due to the ceu..(.) and manner aa atated. . . . . . . , . . . . . . . . , . . . , . , . . . . , . . . .
2..
3011. JOb.
PLACE OF INJURY - AI home, tarm, street, factory. 0 .
building, etc, (Specify)
30e.
ii
!
~~
o
34.
. PRONOUNCING AND CERTifYING PHYSICIAN (PhYSICIan bo.lh jJlonourlC,ng dealh and certIfYIng 10 causa of death)
To the M.t o. my knowledge, death occurred at theUme, date. and piece, and due 10 the cause(s) and manner aa atated
o
'MEDICAL EXAMINER/CORONER
On the baal. ot ....min.llon .nd/or Inv.sllga1ion,ln my opinion, death occuHed at the lime, date, and place, and duelo the ceuse(s) and
m.nn.r.s stated,. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . , . . . . . . . . , . . . . . . . . . . , . . . . . . . .
31e.
REGIST~ SIGNATURE AND N~
~..-o/ m--1~Urt_
o
33.
1-<r.lI-1-"'i1
LAST WILL AND TESTAMENT
OF
ANTHONY R. PISCIONERI
LAST WILL AND TESTAMENT
OF
ANTHONY R. PISCIONERI
I, ANTHONY R. PISCIONERI, now of 1509 Letchworth Road, Camp
Hill, Cumberland County, Pennsylvania 17011, do publish and
declare this to be my Last Will and Testament, hereby revoking
all other prior wills and codicils made by me.
FIRST: Family Backqround and Appointment of Executor.
(A) Family and Backqround Infor.mation. I am married to
LENORE W. PISCIONERI. The children of our marriage are ROBERT A.
WRAY, JOSEPH W. PISCIONERI, WILLIAM M. PISCIONERI, and DANIEL T.
PISCIONERI. Throughout this Will, LENORE W. PISCIONERI will be
referred to as "my wife" or "my spouse" and ROBERT A. WRAY,
JOSEPH W. PISCIONERI, WILLIAM M. PISCIONERI, and DANIEL T.
PISCIONERI will be referred to as "my children." The word
"issue" will include any children as well as my other
descendants.
(B) Appointment of Executor. I appoint as my Executor and
successor Executor (all hereinafter referred to as Executor or
Executor(s) under this Will, the following named persons or
corporations to serve without bond and without being required to
account to any Court:
Executrix: My wife, LENORE W. PISCIONERI.
Successor Executor: My sons, ROBERT A. WRAY and DANIEL T.
PISCIONERI, or the survivor of them, as Co-
Executors, to act jointly.
(C) Inter Vivos Trust. The inter vivos trust agreement
referred to in this Will is entitled "THE PISCIONERI FAMILY
IRREVOCABLE TRUST," by and between ANTHONY R. PISCIONERI and
LENORE W. PISCIONERI, as Settlors, and LENORE W. PISCIONERI, as
Trustee, as now in effect or as may hereafter be amended.
SECOND: Funeral and Last Illness Expenses; Taxes.
(A) Expenses of Funeral and Last Illness. I direct
Executor to pay my funeral expenses and the expenses of my la
illness from my estate. In addition, my Executor may notify
Trustee of the Trust described in Paragraph FIRST (C) of an
"1
~,
LAST WILL AND TESTAMENT
OF
ANTHONY R. PISCIONERI
PAGE 2
expenses and my Executor may accept reimbursement from such
Trustee.
(B) Taxes. I direct my Executor to pay any and all estate,
inheritance, succession, legacy, transfer and other death taxes
or duties, by whatever name called, including any and all
interest and penalties thereon, imposed under the laws of any
jurisdiction by reason of my death upon or with respect to any
and all property included in my gross estate for the purpose of
such taxes, whether such property passes under or outside of this
Will. Without any apportionment otherwise required by law and
without being prorated or apportioned among or charged against
the respective devises, legatees, beneficiaries, transferees, or
other recipients of any such property or charged against any
property passing or which may have passed to any of them, I
direct that any taxes so paid shall be charged against my
residuary estate. My Executor shall not be entitled to
reimbursement for any portion of any such taxes from any such
person. The foregoing provisions of this Article SECOND shall
not apply to such portion or portions of said taxes, interest and
penalties which may be required to be paid, or are actually paid
or reimbursed, by the Trustee of the Trust described in Paragraph
FIRST (C), above.
THIRD: Tanqible Personal Property. Except for those items
excluded below and those items enumerated in the Letter of
Instruction, I bequeath all my tangible personal property,
including but not limited to clothing, jewelry, heirlooms,
furniture, household furnishings, personal effects, motor
vehicles, and all other similar articles, which I own, and the
insurance thereon, to my children, per stirpes, to be divided
among them as they may select in as nearly equal shares as is
practical. If there is any disagreement as to distribution, I
direct my Executor to make such distribution. The decision of my
Executor shall be final and binding. Any items not selected or
any items which my Executor considers unsuitable for my children
may be distributed or sold in the sole discretion of my Executor
and, if sold, the net proceeds therefrom shall be added to the
residue of my estate. Any such article allocated to a minor ma
as my Executor deems advisable, either be delivered to the min 8
or to any person to safeguard on behalf of the minor. /
,
/J )
el (\(<~ / (
LAST WILL AND TESTAMENT
OF
ANTHONY R. PISCIONERI
PAGE 3
Notwithstanding any other provisions in this Article THIRD,
I may leave a separate, dated and unsigned Letter of Instruction,
which I shall place with my Will, containing directions as to the
ultimate disposition of certain of the property bequeathed under
this Article THIRD, and such Letter of Instruction shall
determine the distribution of such items.
FOURTH: Residuary Estate. I devise and bequeath all of the
rest, residue and remainder of my estate, real, personal and
mixed, of whatever nature and wherever situated to which I am
legally or equitably entitled, to the then-acting Trustee(s) of
the Trust described in Paragraph FIRST (C) of this Will, to be
held, administered and distributed pursuant to the terms thereof,
as the same may be amended from time to time. By this devise and
bequest of my residuary estate I hereby exercise all Powers of
Appointment I possess at the time of my death except any power of
appointment which I possess under the Trust described in
Paragraph FIRST (C) of this Will.
FIFTH: Powers of Executor. In addition to the powers and
duties as may have been granted elsewhere in this Will, but
subject to any limitations stated elsewhere in this Will, the
Executor shall have and exercise exclusive management and control
of the Estate and shall be vested with the following specific
powers and discretion, in addition to the powers as may be
generally conferred from time to time upon the Executor by law:
(A) In the management, care and disposition of the Estate,
the Executor shall have the power to do all things and to execute
such instruments, deeds, or other documents as may be deemed
necessary or proper, including the following powers, all of which
may be exercised without order of or report to any Court:
(1) To sell, exchange or otherwise dispose of any
property at any time held or acquired hereunder, at public
or private sale, for cash or on terms, without
advertisement, including the right to lease for any term
notwithstanding the period of the Estate, and to grant
options, including any option for a period beyond the
duration of the Estate; except that, in lieu of any bind'
shareholder agreement or buy/sell agreement to the cont a
~~~xec7tor shall not be permitted to sell the stock r
rf
LAST WILL AND TESTAMENT
OF
ANTHONY R. PISCIONERI
PAGE 4
other ownership interest in any business owned by me, or
held in trust, at my death, without first offering the same
for sale to my children, or without next offering the same
to the corporation or business represented by such ownership
interest for redemption.
(2) To invest all monies in such stocks, bonds,
securities, mortgages, notes, choses in action, real estate
or improvements thereon, and any other property as the
Executor may deem best, without regard to any law now or
hereafter enforced limiting investments of fiduciaries.
(3) To retain for investment any property deposited
with the Executor hereunder.
(4) To vote in person or by proxy any corporate stock
or other security and to agree to or take any other action
in regard to any reorganization, merger, consolidation,
liquidation, bankruptcy or other procedure or proceedings
affecting any stock, bond, note or other security.
(5) To use attorneys, real estate brokers, accountants
and other agents, if such employment is deemed necessary or
desirable, and to pay reasonable compensation for their
services.
(6) To compromise, settle or adjust any claim or
demand by or against the Estate and to agree to any
rescission or modification of any contract or agreement
affecting the Estate.
(7) To renew any indebtedness, as well as to borrow
money, and to secure the same by mortgaging, pledging or
conveying any property of the Estate.
(8) To retain and carryon any business in which the
Estate may acquire an interest, to acquire additional
interest in any such business, to agree to the liquidation
in kind of any corporation in which the Estate may have an
interest and to carryon the business thereof, to join wi
other owners in adopting any form of management for any
business or property in which the Estate may have an
(j (0 ~
., ,
LAST WILL AND TESTAMENT
OF
ANTHONY R. PISCIONERI
PAGE 5
interest, to become or remain a partner, general or limited,
in regard to any such business or property and to hold the
stock or other securities as an investment, and to employ
agents and confer on them authority to manage and operate
the business, property or corporation, without liability for
the acts of such agent or for any loss, liability or
indebtedness of such business if the management is selected
or retained with reasonable care.
(9) To register any stock, bond or other security in
the name of a nominee, without the addition of words
indicating that such security is held in a fiduciary
capacity, but accurate records shall be maintained showing
that such security is a Estate asset and the Executor shall
be responsible for the acts of such nominee.
(B) Whenever the Executor is directed to distribute any
Estate assets in fee simple to a person who is then under twenty-
one (21) years of age, the Executor shall be authorized to hold
such property in Trust for such person until he/she becomes
twenty-one (21) years of age, and in the meantime shall use such
part of the income and the principal of the Estate as the
Executor may deem necessary to provide for the proper support and
education of such person. If such person should die before
becoming twenty-one (21) years of age, the property then
remaining in trust shall be distributed to the personal
representative of such person's estate.
(C) In making distributions from the Estate to or for the
benefit of any minor or other person under a legal disability,
the Executor need not require the appointment of a guardian, but
shall be authorized to payor deliver the same to the custodian
of such person, to payor deliver the same to such person without
the intervention of a guardian, to payor deliver the same to a
legal guardian of such person if one has already been appointed,
or to use the same for the benefit of such person.
(D) In the disbursement of the Estate and any division into
separate trusts or shares, the Executor shall be authorized to
make the distribution and division in money or in kind, or bo
regardless of the basis for income tax purposes of any prope t
dis4tibu;ed or divided in kind, and the distribution and di i
, -~~. ~~
LAST WILL AND TESTAMENT
OF
ANTHONY R. PISCIONERI
PAGE 6
made and the values established by the Executor shall be binding
and conclusive on all persons taking hereunder. The Executor may
in making such distribution or division allot undivided interests
in the same property to several trusts or shares.
(E) The Executor shall be authorized to lend or borrow,
including the right to lend to or borrow from any trusts which I
or my spouse may have established during life or by will at an
adequate rate of interest and with adequate security, and upon
such terms and conditions as the Executor shall deem fair and
equitable.
(F) The Executor shall be authorized to sell or purchase at
the fair market value as determined by the Executor, any property
to or from any trust created by me or my spouse during life or by
Will, even though the same person or corporation may be acting as
Executor of my estate or as Trustee of any of my other trusts.
(G) The Executor shall have discretion to determine whether
items should be charged or credited to income or principal or
allocated between income and principal as the Executor may deem
equitable and fair under all the circumstances, including the
power to amortize or fail to amortize any part or all of any
premium or discount, to treat any part or all of the profit
resulting from the maturity or sale of any asset, whether
purchased at a premium or at a discount, as income or principal
or apportion the same between income and principal, to apportion
the sales price of any asset between income and principal, to
treat any dividend or other distribution of any investment as
income or principal, or apportion the same between income and
principal, to charge any expense against income or principal or
apportion the same, and to provide or fail to provide a
reasonable reserve against depreciation or obsolescence on any
assets subject to depreciation or obsolescence, all as the
Executor may reasonably deem equitable and just under all the
circumstances. If the Executor does not exercise the above
discretionary power, the cash or accrual allocation shall be in
accordance with Chapter 81 of Title 20 of the Pennsylvania
Consolidated Statutes, or the corresponding provisions of
subsequent state law.
(H) If at any time the total fair market value of the
lit (, ./]
U(, I \ '\ ' (1" r
LAST WILL AND TESTAMENT
OF
ANTHONY R. PISCIONERI
PAGE 7
assets of any trust established or to be established hereunder is
so small that the corporate Trustee's annual fee for
administering the trust would be the minimum annual fee set forth
in the Trustee's regularly published fee schedule then, in
effect, the Trustee in its discretion shall be authorized to
terminate such trust or to decide not to establish such trust,
and in such event the property then held in or to be distributed
to such trust shall be distributed to the persons who are then or
would be entitled to the income of such trust. If the amount of
income to be received by such persons is to be determined in the
discretion of the Trustee, then the Trustee shall distribute the
property among such of the persons to whom the Trustee is
authorized to distribute income, and in such proportions, as the
Trustee in its discretion shall determine.
(I) Except as otherwise provided in this Will, when the
authority and power under this Will is vested in two (2) or more
Executors or Trustees, the authority and powers are to be held
jointly by the Executors or Trustees, respectively. A majority
of the Executors or Trustees may exercise any authority or power
granted under this Will or granted by law, and may act under this
Will. Any attempt by one such Executor or Trustee to act under
this Will on other than ministerial acts shall be void. The
action of one such Executor or Trustee under this Will may be
validated by a subsequent ratification of the act by a majority
of the Executors or Trustees.
SIXTH: Riqhts and Liabilities of Executor.
(A) No bond or other security shall be required of any
Executor.
(B) This instrument always shall be construed in favor of
the validity of any act or omission by any Executor, and any
Executor shall not be liable for any act or omission except in
the case of gross negligence, bad faith or fraud. Specifically,
in assessing the propriety of any investment, the overall
performance of the entire Estate shall be taken into account.
(e) Each Executor shall be entitled to receive reasonab
compensation for services actually rendered to my estate, i a
amount6tge Executor normally and customarily charges for
C- ' (?( (~
LAST WILL AND TESTAMENT
OF
ANTHONY R. PISCIONERI
PAGE 8
performing similar services during the time which he/she performs
the services.
SEVENTH: Spendthrift Provision. No beneficiary shall have
the power to anticipate, encumber or transfer his or her interest
in the estate in any manner other than by the valid exercise of a
power of appointment. No part of the estate shall be liable for
or charged with any debts, contracts, liabilities or torts of a
b2neficiary or subject to seizure or other process by any
creditor of a beneficiary.
EIGHTH: Tax Elections.
(A) In determining the estate, inheritance and income tax
liability relating to my Estate, the Executor's decision as to
all available tax elections shall be conclusive on all concerned.
If the Executor joins with my spouse in filing income tax
returns, or consenting for gift tax purposes to having gifts made
by either of us during my life considered as having been made
one-half by each of us, any resulting liability shall be borne by
my Estate and my spouse in such proportions as they may agree.
In accordance with IRC Section 2632(a} and without regard to
whether a Federal estate tax return is actually filed, my
Executor shall allocate so much of the Federal Generation
Skipping Transfer (GST) exemption amount as will fully exempt any
generation skipping transfer which may occur under this Will.
(B) The Executor may, in its discretion, determine the date
as of which my gross estate shall be valued for the purpose of
determining the applicable tax payable by reason of my death.
(C) The Executor may, in its discretion, decide whether all
or any part of certain deductions shall be taken as income tax
deductions (even though they may equal or exceed the taxable
income of my estate and whether or not claimed or of benefit on
my estate's income tax return) or as estate tax deductions when a
choice is available; and in the event that all or any part of
such deductions are taken as income tax deductions, no adjustment
of income and principal accounts in my estate shall be made as
result of such decisions.
(i OJiR r {p~
LAST WILL AND TESTAMENT
OF
ANTHONY R. PISCIONERI
PAGE 9
NINTH: Definitions and General Provisions.
(A) Survival. Any beneficiary who dies within sixty (60)
days after my death shall be considered not to have survived me.
(B) Captions. The captions set forth in this Will at the
beginning of the various articles hereof are for convenience of
reference only and shall not be deemed to define or limit the
provisions hereof or to affect in any way their construction and
application.
(C) Children. As used in this Will, the words "child" and
"children" shall include persons who are legally adopted and the
issue of said persons, whether born in or out of wedlock, so long
as any person born out of wedlock is acknowledged in a written
instrument executed by the one of their natural parents who is a
descendant of mine to be the child of said descendant. The word
"issue" shall include descendants of all generations including
adopted persons. A posthumous child shall be considered as
living at the death of his parent. The birth to me or the
adoption by me of a child or children subsequent to the execution
of this Will shall not operate to revoke this Will. Except for
discretionary distributions which may be made unequally among a
group of persons and distributions pursuant to a valid exercise
of a power of appointment, in making a distribution to the
children of any person, the property to be distributed shall be
divided into as many shares as there are living children of the
person and deceased children of the person who left children who
are then living. Each living child shall take one share and the
share of each deceased child shall be divided among his then-
living descendants in the same manner.
(D) Code. Unless otherwise stated, all references in my
Will to section and chapter numbers are to those of the Internal
Revenue Code of 1986, as amended, or the corresponding provisions
of any subsequent federal tax laws applicable to my estate.
(E) Other ter.ms. The use of any gender includes the other
genders, and the use of either the singular or the plural
includes the other.
(F) ~owe~ of Appointment are Exercised.
(l/ '12" A
LAST WILL AND TESTAMENT
OF
ANTHONY R. PISCIONERI
PAGE 10
exercise any and all Powers of Appointment which I possess at the
time of my death except any power of appointment which I possess
under the Trust described in Paragraph FIRST (C), above.
IN WITNESS WHEREOF, I, ANTHONY R. PISCIONERI, the Testator,
have to this my Last Will and Testament, typewritten on eleven
(11) pages, including t~ Acknowledgment and Affidavit, set my
hand and seal this 3'.:J day of October, 1996.
~ (/.-'4 ~ .~A..~
r .. :1. PISCIONERI
\J
Signed, sealed, published and declared by the above-named
Testator, as and for his Last Will and Testament, in the presence
of us, who have hereunto subscribed our names at his request, as
witnesses hereto, in the presence of the said Testator, and in
the presence of each other. Each of us further declares that he
or she believes the Testator to be of sound mind and memory. The
preceding strument consists of this and ten (10) other
consecu v y numbered typewritten pages including the
Acknow dent and Affidavit.
residing at
$t,vel1A~~1 If-
residing at
,#kCL~'Cf~'// / ft-
t/~
~ ,-d/7
ACKNOWLEDGMENT AND AFFIDAVIT
COMMONWEALTH OF PENNSYLVANIA
SS:
COUNTY OF CUMBERLAND
The Testator and the witnesses whose names are signed and
subscribed to the attached or foregoing instrument, being first
duly sworn and qualified according to law, do hereby acknowledge,
depose and say to the undersigned authority, that the Testator
signed and executed the instrument as his Last Will in the
presence of the witnesses; that he signed it willingly or
willingly directed another to sign it for him; that he executed
it as his free and voluntary act for the purposes therein
expressed; that each of the witnesses were present and saw the
Testator sign and execute the instrument as his Last Will; that
each subscribing witness in the hearing and sight of the Testator
signed the will as witnesses; and that to the best of their
knowledge the Testator was at that time eighteen years of age or
older, of sound mind and under no constraint or undue influence.
f!-t-# ICtxc ~,
Testator
/,v1~
Witness
Sworn to or affirmed, subscribed to, and acknowledged, '7//-})
before me by the above-named Testator and witnesses, this, ?{/
day of October, 1996.
/
~~/
Expires:
Notarial Seal
Stacey L. Nace, Notary Public
Fermanagh Twp_, Juniata County
My Commission Expfres Oct. 16, 1999
Member, Pennsylvama AssociatiOn of Notaries.
CASH, BANK DEPOSITS &
MISCELLANEOUS PERSONAL
PROPERTY
14:4::>
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L.YHCH
" ~[HH(R , 8MITH INC.
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UIDIYIIIUA",
~"YK'T" ACC'UNT
ACCOUNT. F,C. PAGE. TELEPHONE .
872 49323 8135 1 717-975-4625
STATE T PERIOD $S OR ID
10'31'98 TO 11,27,98 021-o1-113~
F ItwlCIAL CONSUL T~T IHVESTOR
GARV A CHRISTIE CREDIT liME
I'lR AHTHONY R PISCIOHERI DCSD
444 WOODCREST DR
I'ECHAHICSBtRG PA 11055-6810
OFF I CE SEA IHe VOUA ACCOUHT TVPE
214 SE~TE AVE. STE 501
C~p HILL 11011 CASH
DESCAI
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OPENING 8 FlHCE CLOSIHG BFl\.AHCE
t39~ .20DR ..6!OR
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to *2.5"1. O? .2.541. 72
10 31 ~~EHIHG BALAHCE
000 11 02'~~IDEHD
000 11 02 SALE
000 11 02 Rfil;ElVED
SOE 11 04 JOURNAL EHTRY
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000 II 09 Sl4..E
000 11 09 ~EIVED
11 27 tLOSItIi BALANCE
FIHQ, OUT WHAT TOP STott< PICI<S ouR AWARD-WINNING TEM OF GLOBAl AHAlVSTS
IS $ElECTING FOR 1999. SEE OUR HEWSLfTTER TO LEAAH ~.
REPORTABLE IVIDEHOS
REPORTABLE GROSS PROCEEDS
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TOTAL P.02
FUNERAL EXPENSES and
ADMINISTRATIVE COSTS
lJI<o>me, lr ll1lfl.\
Established 1895
Brian C. Musselman. ED.
Supervisor
William G. Pagan, F.D.
P.O. Box 137'
324 HummBI Avenue
Lemoyne, PA17043-Q137
(717) 763-7440 .
. .
..... --*---.
To Funeral Expenses 01 ANi'HONY R. PISCIONERI
(Da.te.of death, Nov.17,1998)
PROF. SERVICES RENJERm, .FACILITIES & AtrrOS
20-~duge .steel casket
Reinforced concrete vault
Cash ~nditures:
st. rl'heresa.' s Church
Organist
Cantor
Altar servers
Grave opening & closing
Certfiedcopies of certificate
'roTA!.
Jan. 26, 1999, Robert Wray paid $4,380.00
Feb.. 15 , cumberland ~o. paid. $1 00.00'
THIS DILL rnNSIDERED PAID IN .FULL, Feb. 15, 1999
By: ~(L~~"~
Brian C. Musselman, SUpr.
Musselman Funeral Home, Inc.
FDRAPPQINTMEN1 PHONE 717-763-7490
Produ<.-oo March 13,2001
$-2, 750.00.
600.00
650.00
100.00
75.00
50.00
15.00
220.00
20.ob
$4,000.00
480.00
$4,480.00
100.00
o
\.. /?-c2R- b
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
BUREAU OF INDIVIDUAL TAXES
INHERITANCE TAX DIVISION
DEPT. 280601
HARRISBURG, PA 17128-0601
NOTICE OF INHERITANCE TAX
APPRAISEMENT, ALLOWANCE OR DISALLOWANCE
OF DEDUCTIONS AND ASSESSMENT OF TAX
Rec
R.....
c
DATE
ESTATE OF
DATE OF DEATH
FILE NUMBER
/\ 8 :4 ~OUNTY
ACN
02-11-2002
PISCIONERI
11-18-1998
21 01-1153
CUMBERLAND
101
'02 FEB 19
LOWELL R GATES
GATES S ASSOC PC,
1013 MUMMA RD STE 100 l.l;~n
LEMOYNE PA 1704~anlx
'*
REY-1547 EX lFP <12-001
ANTHONY
R
Allount Rellitted
) CHANGED
(1)
(2)
(3)
(4)
(5)
(6)
(7)
.00
.00
.00
.00
2,541.72
.00
.00
(8)
MAKE CHECK PAYABLE AND REMIT PAYMENT TO:
REGISTER OF WILLS
CUMBERLAND CO COURT HOUSE
CARLISLE, PA 17013
CUT ALONG THIS LINE ~ RETAIN LOWER PORTION FOR YOUR RECORDS ~
REY=i5'4j-EX--AFP--fi'2=oOY-NOYicE--OF-iNHEiiifAifcE-Yix-A-PPRAisEifENT-:--Ai:.l-owAifcE-oi------------ -- ---
DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX
ESTATE OF PISCIONERI ANTHONY R FILE NO. 21 01-1153 ACN 101 DATE 02-11-2002
TAX RETURN WAS: (X) ACCEPTED AS FILED
RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE
APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN
1. Real Estate (Schedule A)
2. Stocks and Bonds (Schedule B)
3. Closely Held Stock/Partnership Interest (Schedule C)
4. Mortgages/Notes Receivable (Schedule D)
S. Cash/Bank Deposits/Misc. Personal Property (Schedule E)
6. Jointly Owned Property (Schedule F)
7. Transfers (Schedule G)
8. Total Assets
APPROVED DEDUCTIONS AND EXEMPTIONS:
9. Funeral Expenses/Adll. Costs/Misc. Expenses (Schedule H)
10. Debts/Mortgage Liabilities/Liens (Schedule I)
11. Total Deductions
12. Net Value of Tax Return
13. Charitable/Governllental Bequests; Non-elected 9113 Trusts (Schedule J)
14. Net Value of Estate Subject to Tax
NOTE: If an assessment was issued previously, lines
reflect figures that include the total of ALL
ASSESSMENT OF TAX:
IS. Allount of Line 14 at Spousal rate (IS)
16. Allount of Line 14 taxable at Lineal/Class A rate (16)
17. Allount of Line 14 at Sibling rate (17)
18. Allount of Line 14 taxable at Collateral/Class B rate (18)
19. Principal Tax Due
TAX CREDITS:
14, 15 and/or 16, 17, 18 and 19 will
returns assessed to date.
.00 X DO = .00
.00 X 06 = .00
.00 X DO = .00
.00 X 15 = .00
(19)= .00
(9)
(10)
6,513.00
NOTE: To insure proper
credit to your account,
subllit the upper portion
of this forll with your
tax paYllent.
2,541.72
6.513 on
3,971.28-
.00
3,971.28-
PAYMENT RECEIPT DISCOUNT (+) AMOUNT PAID
DATE NUMBER INTEREST/PEN PAID (-)
TOTAL TAX CREDIT .00
BALANCE OF TAX DUE .00
INTEREST AND PEN. .00
TOTAL DUE .00
. IF PAID AFTER DATE INDICATED, SEE REVERSE
FOR CALCULATION OF ADDITIONAL INTEREST.
.00
(II)
(12)
(13)
(14)
( 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 Df decedents dying Dn Dr befDre December lZ, 198Z -- if any future interest in the estate is transferred
in pDssessiDn Dr enjDyment tD Class B (cDllateral) beneficiaries Df the decedent after the expiratiDn Df any estate fDr
life Dr fDr years, the CDmmDnwealth hereby expressly reserves the right tD appraise and assess transfer Inheritance Taxes
at the lawful Class B (cDllateral) rate Dn any such future interest.
PURPOSE OF
NOTICE:
PAYMENT:
REFUND (CR):
OBJECTIONS:
ADMIN-
ISTRATIVE
CORRECTIONS:
DISCOUNT:
PENALTY:
INTEREST:
TD fulfill the requirements Df SectiDn Zl40 Df the Inheritance and Estate Tax Act, Act Z3 Df ZOOO. (7Z P.S.
SectiDn 9140).
Detach the tDP pDrtiDn Df this NDtice and submit with YDur payment tD the Register Df Wills printed Dn the reverse side.
--Make check Dr mDney Drder payable tD: REGISTER OF KILLS. AGENT
A refund Df a tax credit, which was nDt requested Dn the Tax Return, may be requested by cDmpleting an "ApplicatiDn
fDr Refund Df Pennsylvania Inheritance and Estate Tax" (REV-1313). ApplicatiDns are available at the Office
Df the Register Df Wills, any Df the Z3 Revenue District Offices, Dr by calling the special Z4-hDur
answering service fDr fDrms Drdering: 1-800-36Z-Z050; services fDr taxpayers with special hearing and I Dr
speaking needs: 1-800-447-30Z0 (TT Dnly).
Any party in interest nDt satisfied with the appraisement, allDwance, Dr disallDwance Df deductiDns, Dr assessment
Df tax (including discDunt Dr interest) as shDwn Dn this NDtice must Dbject within sixty (60) days Df receipt Df
this NDtice by:
--written prDtest tD the PA Department Df Revenue, BDard Df Appeals, Dept. Z810Z1, Harrisburg, PA 171Z8-10Z1, OR
--electiDn tD have the matter determined at audit Df the accDunt of the personal representative, OR
--appeal to the Orphans' Court.
Factual errDrs discovered on this assessment should be addressed in writing to: PA Department of Revenue,
Bureau Df Individual Taxes, ATTN: Post Assessment Review Unit, Dept. Z80601, Harrisburg, PA 171Z8-0601
Phone (717) 787-6505. See page 5 Df the booklet "InstructiDns fDr Inheritance Tax Return for a Resident
Decedent" (REV-150U for an explanation Df administratively correctable errors.
If any tax due is paid within three (3) calendar months after the decedent's death, a five percent (57-) discDunt of
the tax paid is allowed.
The 157- 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 Df the tax amnesty period. This non-participation
penalty is appealable in the same manner and in the the same time periDd as YDU WDuld appeal the tax and interest
that has been assessed as indicated on this notice.
Interest is charged beginning with first day of delinquency, Dr nine (9) months and one (1) day frDm the date of
death, to the date of payment. Taxes which became delinquent before January 1, 198Z bear interest at the rate of
six (67-) percent per annum calculated at a daily rate Df .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:
Year Interest Rate Daily Interest Factor Year Interest Rate Daily Interest Factor
198Z Z07- .000548 199Z 97- .000Z47
1983 167- .000438 1993-1994 77. .00019Z
1984 117- .000301 1995-1998 97- .000Z47
1985 137- .000356 1999 77. .00019Z
1986 107- .000Z74 ZOOO 87- .000Z19
1987 97- .000Z47 ZOOl 97- .000Z47
1988-1991 117- .000301 ZOOZ 67- .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 tD fifteen (15) days
beyond the date of the assessment. If payment is made after the interest cDmputatiDn date shown on the
NDtice, additiDnal interest must be calculated.
Ib-/9~-/~
ROBERT M FREY
FREY & TI LEY
5 S HANOVER ST
CARLISLE
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
NOTICE OF DETERMINATION AND
ASSESSMENT OF PENNSYLVANIA
ESTATE TAX BASED ON FEDERAL
CLOSING LETTER
DATE
ESTATE OF
DATE OF DEATH
FILE NUMBER
COUNTY
ACN
*'
\... BUREAU OF INDIVIDUAL TAXES
INHERITANCE TAX DIVISION
DEPT. 280601
HARRISBURG, PA 17128-0601
REV-7l' EX AFP (01-02l
01-28-2003
MELLOTT
11-24-2000
21 00-1053
CUMBERLAND
202
LESTER F
Allount Rellitted
PA 17013
MAKE CHECK PAYABLE AND REMIT PAYMENT TO:
REGISTER OF WILLS
CUMBERLAND CO COURT HOUSE
CARLISLE, PA 17013
NOTE: To insure proper credit to your account, subllit the upper portion of this forll with your tax paYllent.
CUT ALONG THIS LINE ~ RETAIN LOWER PORTION FOR YOUR FILES ~
REV=,3'6--Ex--A'FP-Tor--02r----..-Noffc"E--oF--iETERMIirA'fIoN'-Atfi-As-sEss-HENY----------------------- - - ---
OF PENNSYLVANIA ESTATE TAX BASED ON FEDERAL CLOSING LETTER ..
ESTATE OF MELLOTT
LESTER
F FILE NO.21 00-1053
ACN 202
DATE 01-28-2003
ESTATE TAX DETERMINATION
1. Credit For State Death Taxes as Verified
21,074.00
2. Pennsylvania Inheritance Tax Assessed
(Excluding Discount and/or Interest)
32,555.55
3. Inheritance Tax Assessed by Other States
or Territories of the United States
(Excluding Discount and/or Interest)
.00
4. Total Inheritance Tax Assessed
32.555.55
5. Pennsylvania Estate Tax Due
.00
6. Amount of Pennsylvania Estate Tax Previously Assessed
Based on Federal Estate Tax Return
.00
7. Additional Pennsylvania Estate Tax Due
.00
TAX CREDITS:
PAYMENT RECEIPT DISCOUNT (+) AMOUNT PAID
DATE NUMBER INTEREST/PEN PAID (-)
TOTAL TAX CREDIT .00
BALANCE OF TAX DUE .00
INTEREST AND PEN. .00
TOTAL DUE .00
-IF PAID AFTER THIS DATE, SEE REVERSE SIDE (IF TOTAL DUE IS LESS THAN $1, NO PAYMENT IS REQUIRED
FOR CALCULATION OF ADDITIONAL INTEREST. IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR). YOU MAY BE
DUE A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.)
PURPOSE OF
NOTICE:
PAYMENT:
To fulfill the requirements of Section 2140 of the Inheritance and Estate Tax Act, Act 23 of 2000. (72 P.S.
Section 9140).
Detach the top portion
reverse side.
-- Make check or money
of this Notice and submit with your payment to the Register of Wills printed on the
order payable to:
REGISTER OF HILLS, AGENT.
REFUND (CR): A refund of a tax credit may be requested by completing an "Application for Refund of Pennsylvania
Inheritance and Estate Tax" (REV-13l3). Applications are available at the Office of the Register of Wills,
any of the 23 Revenue District Offices or from the Department's 24-hour answering service for forms ordering:
1-800-362-2050; services for taxpayers with special hearing and/or speaking needs: 1-800-447-3020 (TT only).
OBJECTIONS:
ADMIN-
ISTRATIVE
CORRECTIONS:
PENALTY:
INTEREST:
Any party in interest not satisfied with the assessment of tax as shown on this notice may object within
sixty (60) days of receipt of this Notice by:
--written protest to the PA Department of Revenue, Board of Appeals, Dept. 281021, Harrisburg, PA 17128-1021, OR
--electing to have the matter determined at audit 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. 280601, Harrisburg, PA 17128-0601,
Phone (717) 787-6505. See page 5 of the booklet "Instructions for Inheritance Tax Return for a Resident
Decedent" (REV-150l) for an explanation of administratively correctable errors.
The 15% 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.
Additional Pennsylvania Estate Tax assessed as a result of a change on the Federal Estate Tax closing
letter becomes delinquent at the expiration of one (1) month from the date the final notice of the increase
in Federal Estate Tax is received.
Taxes which became delinquent before January 1, 1982 bear interest at the rate of six (6%) percent per annum
calculated at a dailY rate of .000164. All taxes which became delinquent on or after January 1, 1982 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 1982 through 2002 are:
Year Interest Rate Daily Interest Factor Year Interest Rate Daily Interest Factor
1982 20% .000548 1992 9% .000247
1983 16% .000438 1993-1994 7% .000192
1984 11% .000301 1995-1998 9% .000247
1985 13% .000356 1999 7% .000192
1986 10% .000274 2000 8% .000219
1987 9% .000247 2001 9% .000247
1988-1991 11% .000301 2002 6% .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.
BUREAU OF INDIVIDUAL TAXES
INHERITANCE TAX DIVISION
DEPT. Z80601
HARRISBURG, PA 171Z8-0601
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
'*
v
NOTICE OF INHERITANCE TAX
APPRAISE"ENTL ALLOWANCE OR DISALLOWANCE
OF DEDUCTION~, AND ASSESS"ENT OF TAX ON
JOINTLY HELD OR TRUST ASSETS
REV-1548 EX AFP (Ol-Oll
BEVERLY K SHEAFFER
626 N PITT ST
CARLISLE PA 17013
DATE
ESTATE OF
DATE OF DEATH
FILE NUMBER
COUNTY
SSN/DC
ACN
02-02-2004
SHEAFFER
10-15-2002
21 02-1153
CUMBERLAND
177-24-5286
03106249
--- "
HATTIE
M
Anount Renitted
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 ~
Rifv=is4-S-E)f-AFii-coi-:03i------------------------------------------------------------------------------------
NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF
DEDUCTIONS, AND ASSESSMENT OF TAX ON JOINTLY HELD OR TRUST ASSETS
DATE 02-02-2004
ESTATE OF SHEAFFER
HA TTI E
M DATE OF DEATH 10-15-2002
COUNTY
CUMBERLAND
FILE NO. 21 02-1153
TAX RETURN WAS:
S.S/D.C. NO. 177-24-5286
(X) ACCEPTED AS FILED () CHANGED
JOINT OR TRUST ASSET INFORMATION
ACN
03106249
FINANCIAL INSTITUTION: PNC BANK
ACCOUNT NO.
21001037803
TYPE OF ACCOUNT: () SAVINGS ( ) CHECKING ( ) TRUST (X> TIME CERTIFICATE
DATE ESTABLISHED 10-28-1994
x
3,043.06
0.500
1,521.53
.00
1,521.53
.45
68.47
NOTE: TO INSURE PROPER CREDIT TO
YOUR ACCOUNT, SUBMIT THE
UPPER PORTION OF THIS NOTICE
WITH YOUR TAX PAYMENT TO THE
REGISTER OF WILLS AT THE
ABOVE ADDRESS. MAKE CHECK
OR MONEY ORDER PAYABLE TO:
"REGISTER OF WILLS, AGENT."
Account Balance
Percent Taxable
Amount Subject to Tax
Debts and Deductions
Taxable Amount
Tax Rate
Tax Due
x
TAX CREDITS:
PAYMENT RECEIPT DISCOUNT (+) AMOUNT PAID
DATE NUMBER INTEREST/PEN PAID (-)
INTEREST IS CHARGED THROUGH 02-10-2004 TOTAL TAX CREDIT .00
AT THE RATES APPLICABLE AS OUTLINED ON THE BALANCE OF TAX DUE 68.47
REVERSE SIDE OF THIS FORM INTEREST AND PEN. 1.89
TOTAL DUE 70.36
17.
IF PAID RFTEa THIS DATE, SEE REVERSE FOR CALCULATION OF ADDITIONAL INTEREST. ·
( IF TOTAL DUE IS LESS THAN $1, NO PAY"ENT IS REQUIRED.
IF TOTAL DUE IS REFLECTED AS A "CREDIT" ( CRJ, YOU "AY BE DUE A REFUND.
SEE REVERSE SIDE OF THIS FOR" FOR INSTRUCTIONS. )
\fl.
PURPOSE OF
NOTICE:
PAYMENT:
REFUND (CR):
DBJECTIONS:
ADMIN-
ISTRATIVE
CORRECTIDNS:
DISCOUNT:
PENALTY:
INTEREST:
To fulfill the requirements of Section 2140 of the Inheritance and Estate Tax Act, Act 23 of 2000. (72 P.S.
Section 9140).
Detach the top portion
reverse side.
-- Make check or money
of this Notice and submit with your pay.ent to the Register of Wills printed on the
order payable to:
REGISTER OF WILLS, AGENT.
A refund of a tax credit, which was not requested on the tax return, may be requested by co.pleting an "Application
for Refund of Pennsylvania Inheritance and Estate Tax" (REV-13l3). Applications are available at the Office of
the Register of Wills, any of the 23 Revenue District Offices or by calling the special 24-hour answering service
for forms ordering: 1-800-362-2050; services for taxpayers with special hearing and or speaking needs:
1-800-447-3020 (TT only).
Any party in interest not satisfied with the appraisement, allowance, or disallowance of deductions or assess.ent
of tax (including discount or interest) as shown on this Notice may object within sixty (60) days of receipt of
this Notice by:
--written protest to the PA Depart.ent of Revenue, Board of Appeals, Dept. 281021, Harrisburg, PA 17128-1021, OR
--electing to have the matter determined at the 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. 280601, Harrisburg, PA 17128-0601
Phone (717) 787-6505. See page 5 of the booklet "Instructions for Inheritance Tax Return for a Resident
Decedent" (REV-150l) 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 (5%)
discount of the tax paid is allowed.
The 15% tax a.nesty 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
fro. the date of death, to the date of payment. Taxes which became delinquent before January 1, 1982
bear interest at the rate of six (6%) percent per annu. calculated at a daily rate of .000164.
All taxes which became delinquent on or after January 1, 1982 will bear interest at a rate which will vary
calendar year to calendar year with that rate announced by the PA Department of Revenue. The applicable
interest rates for 1982 through 2003 are:
Interest Daily
Rate Factor
from
Interest
Daily
Factor
Daily
Factor
Year
Year
Rate
Year
Interest
Rate
1982 20% .000548 1987 9% .000247 1999 7Z .000192
1983 16% .000438 1988-1991 11% .000301 2000 8% .000219
1984 11% .000301 1992 9% .000247 2001 9% .000247
1985 13% .000356 1993-1994 7Z .000192 2002 6% .000164
1986 10% .000274 1995-1998 9% .000247 2003 5% .000137
--Interest is calculated as follows:
INTEREST = BALANCE OF TAX UNPAID X NU"BER 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 .ust be calculated.
."",l~",.
't.,l~
,,---""if-'
BUREAU OF INDIVIDUAL TAXES
INHERITANCE TAX DIVISION
DEPT. 280601
HARRISBURG, PA 17128-0601
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
'*
NOTICE OF INHERITANCE TAX
APPRAISEKENT~ ALLOHANCE OR DISALLOHANCE
OF DEDUCTION~, AND ASSESSKENT OF TAX ON
JOINTLY HELD OR TRUST ASSETS
REV-15~8 EX iFP (01-05)
NEIL A SHEAFFER
4809A THOMAS PAINE CIR
SCOTT AIR FRC IL 62225
DATE
ESTATE OF
DATE OF DEATH
FILE NUMBER
COUNTY
SSN/DC
ACN
02-02-2004
SHEAFFER
10-15-2002
21 02-1153
CUMBERLAND
177-24-5286
03106252
Anount Renitted
HATTIE
M
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 ~
R-Ev:i5~8-E3f-AFFi-(Oi-:o3)------------------------------------------------------------------------------------
NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF
DEDUCTIONS, AND ASSESSMENT OF TAX ON JOINTLY HELD OR TRUST ASSETS
DATE 02-02-2004
ESTATE OF SHEAFFER
HA TTI E
M DATE OF DEATH 10-15-2002
COUNTY
CUMBERLAND
FILE NO. 21 02-1153
TAX RETURN WAS:
S.S/D.C. NO. 177-24-5286
(X) ACCEPTED AS FILED () CHANGED
JOINT OR TRUST ASSET INFORMATION
ACN
9?106252
FINANCIAL INSTITUTION: PNC BANK
ACCOUNT NO.
21001037802
TYPE OF ACCOUNT: () SAVINGS ( ) CHECKING ( ) TRUST (}() TIME CERTIFICATE
DATE ESTABLISHED 10-28-1994
X
3,043.06
0.500
1,521.53
.00
1,521.53
.45
68.47
NOTE: TO INSURE PROPER CREDIT TO
YOUR ACCOUNT, SUBMIT THE
UPPER PORTION OF THIS NOTICE
WITH YOUR TAX PAYMENT TO THE
REGISTER OF WILLS AT THE
ABOVE ADDRESS. MAKE CHECK
OR MONEY ORDER PAYABLE TO:
"REGISTER OF WILLS, AGENT."
Account Balance
Percent Taxable
Amount Subject to Tax
Debts and Deductions
Taxable Amount
Tax Rate
Tax Due
X
TAX CREDITS:
PAYMENT RECEIPT DISCOUNT (+) AMOUNT PAID
DATE NUMBER INTEREST/PEN PAID (-)
INTEREST IS CHARGED THROUGH 02-10-2004 TOTAL TAX CREDIT .00
AT THE RATES APPLICABLE AS OUTLINED ON THE BALANCE OF TAX DUE 68.47
REVERSE SIDE OF THIS FORM INTEREST AND PEN. 1.89
TOTAL DUE 70.36
<;
. IF PAID AFTER THIS DATE, SEE REVERSE FOR CALCULATION OF ADDITIONAL INTEREST. ·
( IF TOTAL DUE IS LESS THAN $1, NO PAYMENT IS REQUIRED.
IF TOTAL DUE IS REFLECTED AS A "CREDIT" ( CRJ, YOU MAY BE DUE A REFUND.
SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS. J
Jt'
PURPOSE OF
NOTICE:
PAYMENT:
REFUND (CR):
OBJECTIONS:
ADMIN-
ISTRATIVE
CORRECTIONS:
DISCOUNT:
PENALTY:
INTEREST:
To fulfill the requirements of Section 2140 of the Inheritance and Estate Tax Act, Act 23 of 2000. (72 P.S.
Section 9140).
Detach the top portion
reverse side.
-- Make check or money
of this Notice and submit with your payment to the Register of Wills printed on the
order payable to:
REGISTER OF WILLS, 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-13l3). Applications are available at the Office of
the Register of Wills, any of the 23 Revenue District Offices or by calling the special 24-hour answering service
for forms ordering: 1-800-362-2050; services for taxpayers with special hearing and or speaking needs:
1-800-447-3020 (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 may object within sixty (60) days of receipt of
this Notice by:
--written protest to the PA Department of Revenue, Board of Appeals, Dept. 281021, Harrisburg, PA 17128-1021, OR
--electing to have the matter determined at the 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. 280601, Harrisburg, PA 17128-0601
Phone (717) 787-6505. See page 5 of the booklet "Instructions for Inheritance Tax Return for a Resident
Decedent" (REV-150l) 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, 1982
bear interest at the rate of six (670) percent per annum calculated at a daily rate of .000164.
All taxes which became delinquent on or after January 1, 1982 will bear interest at a rate which will vary
calendar year to calendar year with that rate announced by the PA Department of Revenue. The applicable
interest rates for 1982 through 2003 are:
Interest Daily
Rate Factor
from
Year
Year
Interest
Rate
Daily
Factor
Interest
Rate
Daily
Factor
Year
1982 2070 .000548 1987 970 .000247 1999 n .000192
1983 1670 .000438 1988-1991 1170 .000301 2000 870 .000219
1984 1170 .000301 1992 970 .000247 2001 970 .000247
1985 1370 .000356 1993-1994 n .000192 2002 670 .000164
1986 lOX .000274 1995-1998 970 .000247 2003 570 .000137
--Interest is calculated as follows:
INTEREST = BALANCE OF TAK UNPAID K NU"BER OF DAYS DELINQUENT K 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.
*
BUREAU OF INDIVIDUAL TAXES
INHERITANCE TAX DIVISION
DEPT. Z80601
HARRISBURG, PA 171Z8-0601
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
'*
NOTICE OF INHERITANCE TAX
APPRAISEKENTL ALLOHANCE OR DISALLOHANCE
OF DEDUCTION~, AND ASSESSKENT OF TAX ON
JOINTLY HELD OR TRUST ASSETS
REV-1548 EX AFP (01-05>
KATHY
CREEKVIEW
RR 28
NEWPORT
A RElGHTER
RD
DATE
ESTATE OF
DATE OF DEATH
FILE NUMBER
COUNTY
SSN/DC
ACN
02-02-2004
SHEAFFER
10-15-2002
21 02-1153
CUMBERLAND
177-24-5286
03106253
Anount Reni {ted
HATTIE
M
PA 17074
MAKE CHECK PAYABLE AND REMIT PAYMENT TO:
REGISTER OF WILLS
CUMBERLAND CO COURT HOUSE
CARLISLE, PA 17013
CUT ALONG THIS LINE ~ RETAIN LOWER PORTION FOR YOUR RECORDS ~
RE-y=is4-i-Ex--AFP--foi-=oil------------------------------------------------------------------------------------
NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF
DEDUCTIONS, AND ASSESSMENT OF TAX ON JOINTLY HELD OR TRUST ASSETS
DATE 02-02-2004
ESTATE OF SHEAFFER
HATTIE
M DATE OF DEATH 10-15-2002
COUNTY
CUMBERLAND
FILE NO. 21 02-1153
TAX RETURN WAS:
S.S/D.C. NO. 177-24-5286
(X) ACCEPTED AS FILED () CHANGED
JOINT OR TRUST ASSET INFORMATION
ACN
03106253
FINANCIAL INSTITUTION: PNC BANK
ACCOUNT NO.
21001037826
TYPE OF ACCOUNT: () SAVINGS ( ) CHECKING ( ) TRUST (>0 TIME CERTIFICATE
DATE ESTABLISHED 10-28-1994
x
3,179.13
0.500
1,589.57
.00
1,589.57
.45
71.53
NOTE: TO INSURE PROPER CREDIT TO
YOUR ACCOUNT, SUBMIT THE
UPPER PORTION OF THIS NOTICE
WITH YOUR TAX PAYMENT TO THE
REGISTER OF WILLS AT THE
ABOVE ADDRESS. MAKE CHECK
OR MONEY ORDER PAYABLE TO:
"REGISTER OF WILLS, AGENT."
Account Balance
Percent Taxable
Amount Subject to Tax
Debts and Deductions
Taxable Amount
Tax Rate
Tax Due
x
TAX CREDITS:
PAYMENT RECEIPT DISCOUNT (+) AMOUNT PAID
DATE NUMBER INTEREST/PEN PAID (-)
INTEREST IS CHARGED THROUGH 02-10-2004 TOTAL TAX CREDIT .00
AT THE RATES APPLICABLE AS OUTLINED ON THE BALANCE OF TAX DUE 71.53
REVERSE SIDE OF THIS FORM INTEREST AND PEN. 1.98
TOTAL DUE 73.51
<;
IF PAID AFTER THIS DATE, 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 ~EVERSE SIDE OF THIS FORM FOR INSTRUCTIONS. >
V~
PURPOSE OF
NOTICE:
PAYMENT:
REFUND (CR):
OBJECTIONS:
ADMIN-
ISTRATIVE
CORRECTIONS:
DISCOUNT:
PENALTY:
INTEREST:
To fulfill the requirements of Section 2140 of the Inheritance and Estate Tax Act, Act 23 of 2000. (72 P.S.
Section 9140).
Detach the top portion
reverse side~
-- Make check or money
of this Notice and submit with your payment to the Register of Wills printed on the
order payable to:
REGISTER OF WILLS, 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-13l3). Applications are available at the Office of
the Register of Wills, any of the 23 Revenue District Offices or by calling the special 24-hour answering service
for forms ordering: 1-800-362-2050; services for taxpayers with special hearing and or speaking needs:
1-800-447-3020 (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 may object within sixty (60) days of receipt of
this Notice by:
--written protest to the PA Department of Revenue, Board of AppealS, Dept. 281021, Harrisburg, PA 17128-1021, OR
--electing to have the matter determined at the 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. 280601, Harrisburg, PA 17128-0601
Phone (717) 787-6505. See page 5 of the booklet "Instructions for Inheritance Tax Return for a Resident
Decedent" (REV-15ol) 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 (5%)
discount of the tax paid is allowed.
The 15% 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, 1982
bear interest at the rate of six (6%) percent per annum calculated at a daily rate of .000164.
All taxes which became delinquent on or after January 1, 1982 will bear interest at a rate which will vary
calendar year to calendar year with that rate announced by the PA Department of Revenue. The applicable
interest rates for 1982 through 2003 are:
Interest Daily
Rate Factor
from
Year
Interest
Rate
Daily
Factor
Year
Interest
Rate
Daily
Factor
Year
1982 20% .000548 1987 9% .000247 1999 7% .000192
1983 16% .000438 1988-1991 11% .000301 2000 8% .000219
1984 11% .000301 1992 9% .000247 2001 9% .000247
1985 13% .000356 1993-1994 7% .000192 2002 6% .000164
1986 10% .000274 1995-1998 9% .000247 2003 5% .000137
--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.
~L
~;~~
BUREAU OF INDIVIDUAL TAXES
INHERITANCE TAX DIVISION
DEPT. Z80601
HARRISBURG, PA 171Z8-0601
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
'*
NOTICE OF INHERITANCE TAX
APPRAISEKENTL ALLOHANCE OR DISALLOWANCE
OF DEDUCTION~, AND ASSESSKENT OF TAX ON
JOINTLY HELD OR TRUST ASSETS
REV-15~8 EX AFP (01-05)
KATHY
CREEKVIEW
RR 28
NEWPORT
A REIGHTER
RD
DATE
ESTATE OF
DATE OF DEATH
FILE NUMBER
COUNTY
SSN/DC
ACN
02-02-2004
SHEAFFER
10-15-2002
21 02-1153
CUMBERLAND
177-24-5286
03106254
Allount Rellitted
HA TTI E
M
PA 17074
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 ~
Rifv:i5~i-Ex--AFP--(O-i:oi)------------------------------------------------------------------------------------
NOTICE OF INHERITANCE TAX APPRAISEMENT~ ALLOWANCE OR DISALLOWANCE OF
DEDUCTIONS~ AND ASSESSMENT OF TAX ON JOINTLY HELD OR TRUST ASSETS
DATE 02-02-2004
ESTATE OF SHEAFFER
HATTIE
M DATE OF DEATH 10-15-2002
COUNTY
CUMBERLAND
FILE NO. 21 02-1153
TAX RETURN WAS:
S.S/D.C. NO. 177-24-5286
(X) ACCEPTED AS FILED () CHANGED
JOINT OR TRUST ASSET INFORMATION
ACN
03106254
FINANCIAL INSTITUTION: PNC BANK
ACCOUNT NO.
21001037801
TYPE OF ACCOUNT: () SAVINGS ( ) CHECKING ( ) TRUST ()() TIME CERTIFICATE
DATE ESTABLISHED 10-28-1994
X
3,043.06
0.500
1.521.53
.00
1,521.53
.45
68.47
NOTE: TO INSURE PROPER CREDIT TO
YOUR ACCOUNT, SUBMIT THE
UPPER PORTION OF THIS NOTICE
WITH YOUR TAX PAYMENT TO THE
REGISTER OF WILLS AT THE
ABOVE ADDRESS. MAKE CHECK
OR MONEY ORDER PAYABLE TO:
"REGISTER OF WILLS, AGENT."
Account Balance
Percent Taxable
Amount Subject to Tax
Debts and Deductions
Taxable Amount
Tax Rate
Tax Due
X
TAX CREDITS:
PAYMENT RECEIPT DISCOUNT (+) AMOUNT PAID
DATE NUMBER INTEREST/PEN PAID (-)
INTEREST IS CHARGED THROUGH 02-10-2004 TOTAL TAX CREDIT .00
AT THE RATES APPLICABLE AS OUTLINED ON THE BALANCE OF TAX DUE 68.47
REVERSE SIDE OF THIS FORM INTEREST AND PEN. 1.89
TOTAL DUE 70.36
.5
. IF PAID AFTER THIS DATE, SEE REVERSE FOR CALCULATION OF ADDITIONAL INTEREST. ·
( IF TOTAL DUE IS LESS THAN $1, NO PAYMENT IS REQUIRED.
IF TOTAL DUE IS REFLECTED AS A "CREDIT" ( CRJ, YOU MAY BE DUE A REFUND.
SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS. J
~t;
PURPOSE OF
NOTICE:
PAYMENT:
REFUND (CR):
OBJECTIONS:
ADMIN-
ISTRATIVE
CORRECTIONS:
DISCOUNT:
PENALTY:
INTEREST:
To fulfill the requirements of Section 2140 of the Inheritance and Estate Tax Act, Act 23 of 2000. (72 P.S.
Section 9140).
Detach the top portion
reverse side.
-- Make check or money
of this Notice and submit with your payment to the Register of Wills printed on the
order payable to:
REGISTER OF WILLS, 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-13l3). Applications are available at the Office of
the Register of Wills, any of the 23 Revenue District Offices or by calling the special 24-hour answering service
for forms ordering: 1-800-362-2050; services for taxpayers with special hearing and or speaking needs:
1-800-447-3020 (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 may object within sixty (60) days of receipt of
this Notice by:
--written protest to the PA Department of Revenue, Board of Appeals, Dept. 281021, Harrisburg, PA 17128-1021, OR
--electing to have the matter determined at the 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. 280601, Harrisburg, PA 17128-0601
Phone (717) 787-6505. See page 5 of the booklet "Instructions for Inheritance Tax Return for a Resident
Oecedent" (REV-150l) 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 (5%)
discount of the tax paid is allowed.
The 15% 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, 1982
bear interest at the rate of six (6%) percent per annum calculated at a daily rate of .000164.
All taxes which became delinquent on or after January 1, 1982 will bear interest at a rate which will vary
calendar year to calendar year with that rate announced by the PA Department of Revenue. The applicable
interest rates for 1982 through 2003 are:
Interest Daily
Rate Factor
from
Interest
Daily
Factor
Daily
Factor
Year
Year
Rate
Year
Interest
Rate
1982 20% .000548 1987 9% .000247 1999 7% .000192
1983 16% .000438 1988-1991 11% .000301 2000 8% .000219
1984 11% .000301 1992 9% .000247 2001 9% .000247
1985 13% .000356 1993-1994 7% .000192 2002 6% .000164
1986 10% .000274 1995-1998 9% .000247 2003 5% .000137
--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.
*"