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HomeMy WebLinkAbout09-12-05 . . .~ CITIZENS BANK Account Number 6100676544 Account Title VERNA ZERBE Date Opened 6/8/72 Account Type Checking Principal Balanc.e as of DOD $10170.35 Interest from Last Posting to DOD $ .00 Account Balance as of DOD $10170.35 YTD Interest to-bOD $.00 REV-150CEX (6.oC) J . REV-1500 COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE DEPT. 280601 HARRISBURG, PA 17128-D601 INHERITANCE TAX RETURN RESIDENT DECEDENT FILE NUMBER 21 05 COUNTY CODE YEAR SOCIAL SECURITY NUMBER 203-10-0008 I- Z W C W (.) W C DECEDENrs NAME (LAST, FIRST, AND MIDDLE INITIAL) Zerbe, Verna M. DATE OF DEATH (MM-DD-YEAR) 01/11/05 0070 NUMBER DATE OF BIRTH (MM-DD-YEAR) 12/26/19 THIS RETURN MUST BE FILED IN DUlPLlCA TE WITH THE REGISTER OF WILLS SOCIAL SECURITY NUMBER 1. Real Estate (Schedule A) 2. Stocks and Bonds (Schedule B) 3. Closely Held Corporation, Partnership or Sole-Proprietorship (1) (2) (3) (4) (5) 147,000.00 (IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST, AND MIDDLE INITIAL) w ... l<:~eIl u~l<: wDo.U J:OO u~...J Do.lD Do. <( ~ 1. Original Retum D 4. Limited Estate o 6. Decedent Died Testate (Mach copy of Will) D 9. Litigation Proceeds Received D 2. Supplemental Return D 4a. Future Interest Compromise (cate 01 death after 12.12-821 D 7. Decedent Maintained a Living Trust (Attach copy ofTrusl) D 10. Spousal Poverty Credit (date of death between 12.31.91 and '-1-95) D 3. Remainder Return (dale of deqth pMor to 12.13-(2) D 5. Federal Estate Tax Return Ftequired 8. Total Number of Safe Deposit Boxes D 11. Election to tax under Sec. ~113(A) (Attach Sch 0) I- Z W C Z o Do. ell W ~ ~ o u NAME Andrew C. Sheely, Esquire FIRM NAME (If Applicable) Andrew C. Sheely, Attorney at Law TELEPHONE NUMBER (717) 697-7050 COMPLETE MAILING ADDRESS Andrew C. Sheely, Esquire 127 South Market Street P.O. Box 95 Mechanicsburg, PA 17055 1 dUtC'n!!P'tCll!. 4. Mortgages & Notes Receivable (Schedule D) 181,961.58 z o ~ ..J ::> l- ii: <C (.) w a::: 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) 6. Jointly Owned Property (Schedule F) D Separate Billing Requested 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (Schedule G or L) 8. Total Gross Assets (total Lines 1-7) 9. Funeral Expenses & Administrative Costs (Schedule H) 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) 11. Total Deductions (total Lines 9 & 10) 12. Net Value of Estate (Line 8 minus Line 11) (9) (10) (8) 10,297.00 3,197.16 (11) (12) (13) (6) (7) 13. Charitable and Governmental Bequests/See 9113 Trusts for which an election to tax has not been made (Schedule J) 14. Net Value Subject to Tax (Line 12 minus Line 13) (14) SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES z o ~ ~ ::> D. :E o (.) ~ 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 (a)(1.2) x.O_ (15) 315,467.42 x.O ~ (16) 16. Amount of Line 14 taxable at lineal rate x .12 (17) 17. Amount of Line 14 taxable at sibling rate 18. Amount of Line 14 taxable at collateral rate x .15 (18) 19. Tax Due (19) 20. [!] CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT 1"-...) C~'::> c~.:::;; .:.;.....1""J ,~ '..~ "I ;-, ..'" I'V v C;,) .s.- N :~") .1 ~rJ .C-:> - i-Or) ~28,961.58 I 13,494.16 315,467.42 I 14,196.03 14.196.03 Decedent's Complete Address: STREET ADDRESS 300 Walnut Circle CITY . I STATE I ZIP 17011 Shlremanstown PA Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2, CreditsfPayments A. Spousal Poverty Credit B. Prior Payments C, Discount (1) 14,196.03 14,000.00 747.14 3, InteresUPenally if applicable D. Interest E, Penalty Total Credits ( A + B + C ) (2) 14,747.14 TotallnteresUPenally ( D + E ) (3) 4. If Line 2 is greater than Line 1 + Line 3, enter the difference, This is the OVERPAYMENT. Check box on Page 1 Line 20 to request a refund (4) 551.11 5. If Line 1 + Line 3 is greater than Line 2, enter the difference, This is the TAX DUE. B. Enter the total of Line 5 + SA. This is the BALANCE DUE. (5) (SA) (58) A. Enter the interest on the tax due. Make Check Payable to: REGISTER OF WILLS, AGENT PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No a. retain the use or income of the property transferred;.......................................................................................... 0 ~ b. retain the right to designate who shall use the properly transferred or its income; ............................................ 0 ~ c. retain a reversionary interest; or.......................................................................................................................... 0 [!] d. receive the promise for life of either payments, benefits or care? ..........................................................."......... 0 ~ 2, If death occurred after December 12, 1982, did decedent transfer properly within one year of death without receiving adequate conSideration? ...............................,....................................................................,...,..... 0 ~ 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? .............. 0 ~ 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? ..",.................................",........""...........................",......,............................" 0 ~ IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct and complete. Declaration of preparer other than the personal representative is based on all infonnation of which preparer has any knowledge. SIGNATURE OF PERSON RESPON~SIB OR FILING RETURN ~ - ---.,._ 4;iL'K... ADDRESS Dennie E. Zerbe, Executor, 2424 Clover Drive, Mechanicsburg, PA 17055 SI~RE O:7EP~OTH~R~TATIVE i6~~~.-------------~.-.-------------.---------.---- )\~9r~"'!'_g.__~_~~~!y,E:_~glJi~_~,~.~?~~_LJ!~___~~~~~t.~t:,f_g:__~()~__~_~!__~~~_~~rl_~~t),LJ!:9,_f~_~.?_Q~~____________________ DATE 9( J'L./ 0 $"" ~A~ ....--------..ft.l?-).-Q$:= For dates of death on or after July 1, 1994 and before January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3% [72 PS. s9116 (a) (1.1) (i)). For dates of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0% [72 PS. s9116 (a) (1.1) (ii)]. The statute does not exemot a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax return are still applicable even if the surviving spouse ;s the only beneficiary. For dates of death on or after July 1, 2000 The tax rate imposed on the net value of transfers from a deceased child twenty-one years of age or younger at death to or for the use of a natural parent, an adoptive parent, or a stepparent of the child is 0% [72 P.S. s9116(a)(1.2)J. The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4.5%, except as noted in 72 P.S. 99116(1.2) (72 P.S. s9116(a)( 1)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 12% [72 P.S. s9116(a)(1.3)]. A sibling is defined, under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. II REV. '502EX . (1.971 SCHEDULE A REAL ESTATE ." COMMONWEALTH OF PENNS) I.vANIA INHERITANCE TAX RETLRN RESIDENT DECEDENT ESTATE OF FilE NUMBER VERNA M. ZERBE 21-05-0070 All real property owned SOllliy or as a tenant in common must be reported at fair market value. Fair market value IS defined as the price at which property woukt be exchanged between a willing buyer and a willing :;eller, neither being compelled to buy or sell, both having reasonable knowledge of the relevant facts. Real property which Is jointly-owned with right of survlvorshi must be disclosed on ~'?!;hedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. 300 WALNUT CIRCLE, SHIREMANSTOWN, CUMBERLAND COUNTY, PENNSYLVANIA 17011 he propE~rty was appraised by Robert Ensminger, Appraise , arrisburg, pennsylvania (See a~~ached Appraisal) $147,000.00 t0~PD ~: ~'f:;l $147,000.00 TOT At (Also enter on line 1, Recapitulation) (If more space is needed, insert additional sheets of the same size) , llUl.IGll LH;)lllIllyt:l r\jJfJIOI')Cl') -'--~!~._!~~~~'!_'-.!.-"~.~l:L~_'!~'::: I . " Pro ert cri tion UNIFORM RESIDENTIAL APPRAISAL REPORT FileNo. 0003115 Property Address 300 Walnut Cir City Shiremanstown State PA lip Code 17011-6725 Legal Descnptlon Not readily available County Cumberland Assessor's Palcel No 37-23-0555-268 R.E. Taxes $ 2,974.41 SjJecial Borrower OCCl! ant. Owner .. Pro ert rl hts a raised PUD , Condommlum IHUD/VA onl HOA $ 0 Neighborhood or Project Name Map Reterence 25420 Census Tract 0112.00 Sale Pnce $ N/A Date ot Sale N/A DescnjJtion and $ amount 01 loan chdfges;concessions tobe jJald by seHer 0 Lender Client Estate of Verna Zerbe Address c/o Dennis Zerbe, 2424 Clover Dr., Mechanicsburg, PA 17055 A raiser RobertA. Ensmin er Address 3557 Elmerton Avenue, Harrisbur ,PA 17109-1132 Location I Urban 2<J Suburban Predominant p~r~e family hO~SdEg Present land use % Built up Over 75% Z 25-75% occupancy $(000) (yrs) One tamily 90 Growth rate !j Rapid 2<J Stable Owner 80 Low 20 2-4 tamlly 2 Propel1y values - Increasing X Stable Tenant 200 High 60 Multi-family 2 Demand/supply Shortage t:xJ In balance Vacant (0-5%) Predomlllant Commercial Marketing time X Under 3 mas ,-- 3-6 mos. Vac(over 5%) 130 45 Vacant Note: Race and the racial composition of the neighborhood are not appraisal factors~ Neighborhood boundalles and charactellstics MSA #3240. The neighborhood boundaries are Main St. to the north, SI Johns Church Rd. to the east, Gettysburg Road to the south and West Ave. to the west. _ Factors that atfect tile marketability ot the properties in the neighborhood (proximity to employment and amenities, employment stability, appeal to market, etc.): The subject is located in Shiremanstown Borough. There are many large employers in the area and employment stability is very good as .. evidenced by the below avef(~ge unemployment rate. Access to majoremployment~nter$and regional!:)hopping man~ is provided by the Capital Beltway and the Interstate Highway system. All amenities are available within a reasonable commuting distance. J Land use change [XJ Not likely . . j Likely !~_ In process To 2 Market condiliolls Inlhe sublect neighborhood (including support tor the above conclusions related to the trend ot property values, demand/supply, and marketmg time ,- such as data on competitive properties tor sale In the nelgrlborhaod, deSCription of the prevalence at sales and tlllanclllg conceSSions, etc.): Interest rates are rising slowly from the lowest point in over 40 years. This has a tendancy to increase sales which does create shortages in some markets and helps to increase prices as the afford ability index rises. The region typically does not experience the dislocations of economic slowdown, due primarily to the stablizing effects of the state and federal governments which makeup almost 25% of the regional work force, however,_an increase in interest rates and other market factors could strip away recent price gains. Overall property values are deemed stable, however, rice concessions are becomin more common, es eciall in homes riced below $130,000. Projectlriformalion for PUDs (It applicable) - - Is the developer/builder in control of the Home Owners' Association (HOA)? Yes 1.1 No ApproXJmate tolal number at umts In the subject project ApproXimate total number of units for sale in the subject prolect Descrrbe common elemenls and recreational tacllitles DimenSions Not readily available Topography Basically Level Site area 0.57 Acres Corner Lot Yes No Size Average for the area. SpeCifiC lOnlllg classiiication and description Residential Shape Rectangular Zonmg compliance ~ Legal [~Legal nonconforming (Grandfathered use) L~ Illegal No zonlllg Drainage Average for the area Highest & best use dS imgloyed' ~ Present use U Other use (explalnj View Average for the area Utilities Public Other Off-site Improvements Type Public Private Landscaping Average for the area Eleclrrcity!Xl Street Asphalt Driveway Surtace Asphalt Gas --I Curb/gutter Concrete Apparent easements Typical utility Water XJ ; Sidewalk Concrete FEMA Special Flood Hazard Area Yes No Sanitary sewer ::xl '1 Street lights Sodium Vapor FEMA Zone C Map Date 1/5/1979 Storm sewer :8J Alley None ! FEMA Map No. 4203690001A Comments (apparent adverse easements, encroachments. special assessments, slide areas, Illegal or legal nonconforming zoning use, etc.]: There are no apparent easements, encroachments or other conditions which would have an adverse effect on the value. A title search, which is beyond the sco e of this a raisal, has not been conducted to discover an adverse conditions associated with this ro ert . GENERAL DESCRIPTION EXTERIOR DESCRIPTlOI~ i FOUNDATION ,BASEMENT No. ot UllIts 1 I Foundation Concrete Block I Slab N/A 'Area Sq Ft 1,603 No. at Stories 1 Exterior Walls Brick/Aluminum I Crawl Space N/A 1 % Flnislled 50 Type (DeliAtt.1 Detached Root Surtace FiberglasShingle jBasement Full I Ceiling Accoustic DeSign (Style] Ranch ,Gutters & Dwnspts Aluminum iSump Pump None I Walls Block Existing/Propused Existing ! Wmdow Type Double Hung I Dampness No evidence_ I Flnor Asphalt tile Age (Yrs] 49 I Storm/Screens YeslYes I Settlement No evidence I OutSide Entry None Ettective A e IYrsl 20 I Manufactured House No i Infestation No evidence ' _ ROOMS Fo~el Living Dining, Kitchen Den Famil~ Rm I Rec Rm I Bedrooms: #B~ths I Laundry Basement 1 Levell - Level 2 INSULATION Root Celllllg Walls : Floor i None ;Unkflowll x 3 Area Sq Ft. 1,603 1,796 2 Finished area above rade contains: 7 Rooms' 3 Bedroomlsl: 2 Bath(51: 1,796 INTERIOR Materials/Condition HEATING : KITCHEN EOUIP ATTIC , AMENITIES - Floors HW&CarpetlAverage IType HWBB : Refrrgerator None CJ ! Fireplace(s] # 2;J Walls Plaster/Average ! Fuel Oil : Range/Oven Stairs [J I Patio ~ # 01 cars Tnm/Flnlsh Wood/Average I Condition Average I Disposal Drop Stair [] Deck I 2 Bath Floor Vinyl/Average i COOLING i Dishwasher Scuttle ~ Porch Stoop X Bath Walllscot CeramidAverage !Central Central I FalrHood Floor [J Fence Doors Luan/Average !Other None I Microwave Heated ' I I Pool L.._.I I Condition Avera e I Washer/Dr er Finished - 2 Addilional features (special energy ettlcient Items. etc.): Storm Units. Condition of the Improvements. depreCiation (physical, tunctlonal. and external), repairs needed, quality of construclion, remodeling/additions, etc.: There is no functional or economic obsolescence. The subject is in average condition and no repairs are required. The roof ap[lears to be in good condition with no evidence of leaks on the interior. Adverse environmental condltrons (such as. but not limited to. hazardous wastes, toxic substances, etc.) present in the improvements, on the site. or in the Immediate Vicinity of the subject property. No adverse environmental conditions were noted on the date of inspection, however the appraiser is not an ex rt in the environmental sciences. All concerns should be addressed b a ro erl ualified ex rt. Freddie Mac Form 70 6/93 PAGE t OF 2 Fannie Mae Form t 004 6/93 Form UA2 - "TOTAL for WlIldows" appraisal sottware by a la mode, mc. - 1-800-ALAMODE ...." ~_: ~ ..., ., UNIFORM RESIDENTIAL APPRAISAL REPORT - $ 35,000 Sq f1 @$ functional DESCRIPTION Average Fee Simple 0.57 Acres Average Ranch/Average Brick&Alum/Avg. 49 Average Total Bdrms Baths 7 3 2 1,796 Sq. fl Full Basement Rec Room Average OHWBB/Central Stomn Units 2 Car Attached Patio Fireplace None 22.00 = S External =$ =$ =S =S COMPARABLE NO 1 127 E. Green St Shiremanstown 0.08 miles DESCRIPTION Conventional 22 DOM 10/29/2004 Average Fee Simple 0.31 Acres Average Ranch/Average Brick/Average 55 Average Total Bdrms Baths 7 3 1.5 1,208 Sq. fl Full Basement Family Room Average OHWBB/Central Stomn Units 1 Car Attached Cov. Patio Fireplace None 122,128 32,060 10,406 164,594 +(-1$ Adjust ~~~-'-'~'~~'!-!!_~I FileNo. 0003115 Comments on Cost Approacll (such as. source at cost estrnlate. Site value squate toot calculation and for HUD. VA and fmHA the estimated rOlllalnlllg economic life of the property) The Marshall & Swift Residential Cost Handbook, along with local cost factors provided by local contractors, were used in the completion of the cost approach. Physical depreciation is based on the age/life method where depreciation = effective age / economic life. Unless otherwise noted total economic life is 60 years. Functional obsolescence is the cost to cure below standard items or the excess cost of superadequacies. There is no economic obsolescence. 54,859 109,700 3,500 148,200 COMPARABLE NO.2 209 E Walnut St. Shiremanstown 0.03 miles $ 118.33 MLS, Public Tax File +2,000 DESCRIPTION Conventional 4DOM 12/13/2004 Average Fee Simple 0.30 Acres Average Ranch/Average Brick/Average 50 Above Avg. Total Bdrms Baths 6 3 1 1,200 Sq fl Full Basement Unfinished Average OHWBB/Central Themnopanes 1 gar Attached Patio Fireplace .. None + I -I $ Adjust COMPARABLE NO 3 213 Courtland Ave Shiremanstown 0.51miles 142,000 S 115.83 MLS, Public Tax File +2,000 DESCRIPTION Conventional 100M 1/31/2005 Average Fee Simple 0.20 Acres Average Ranch/Average Brick/Average 45 Above Avg. Total Brjmls Baths 6 3 1.5 1,232 Sq. fl Full Basement Unfinished Average OHWBB/None Thermopanes Carport Patio Fireplace None 142,700 + (-1$ Adlust +3,000 -1,000 -5,000 +2,000 +5.600 +2,000 +3,000 -3,000 +4,000 Net Adj. (total) ____~_ L~~ $ 8,900 + ,- S. 6,000 J2<::J + n - s 10,600 Adjusted Sales Pnce Net 6.7 % I Net 4.2 %' Net 7.4 % I at Corn arable Gross 11.2 %$ 141,400 Gross 16,9 %!S 148,000 Gross 20.0 %'$ 153,300 Comments on Sales Com pans on (including the subject property's compatibility to the neighborhood. etc.) AU of the comparables are ranch style homes in Shiremanstown Borough. The comparables establish the range of value for the subject property. Valuation Section ESTIMATED SITE VALUE ESTIMATED REPRODUCTION CDST.NEW.Of IMPROVEMElm Dwelling 1,796 Sq ft @$ 68,00 = $ 1,603 Sq. Ft @$ 20.00 Garage:Carport 473 - Total Estimated Cost New _ Less PhYSical Depreciation 54,8591 Depreciated Value or Improvements Rounded "As'ls" Value of Site Improvements INDICATED VALUE BY COST APPROACH ITEM SUBJECT 300 Walnut Cir Address Shiremanstown Proximltyto Subject . mn" .__n'n,,_ Sales Pnce S N/A PllcejGross living Area S Data and,'or Inspection Venflcatlon Source VALUE ADJUSTMENTS Sales or Financing ConcessIons Date ot Sale/Time Locallon Leasehold/fee Simple Site View Design and Appeal Quality of Construction Age Condition Above Grade Room Count . Gross LIVing Area Basement & finrshed - Rooms Below Grade Functional Utility Heating/Cooling Energy Efficient Items Garage Carport Porch, PatiO, Deck. Flreplace(s), etc fence, Pool,etc -1,000 +2,000 +5,900 -2,000 +2,000 -1,000 -5,000 +3,000 +6,000 +2,000 -3,000 +2,000 ITEM SUBJECT COMPARABLE NO. , COMPARABLE NO.2 COMPARABLE NO.3 Date. Pllce and Dafa No sales last 3 No sales in the last 3 years No sales in the last 3 years No sales in the last 3 years Source. tor pilar sales years. other than reported above. other than reported above. other than reported above. Within year of iipjlralsal Governmax.com Governmax.com Governmax.com Governmax.com AnalYSIS of any current agreement of sale. option. or listing at sutrject property and analysis of any prior sales of subjecf and comparables Within one year 01 the date of appraisal' There are no known agreements of sale or listings of the property at the present time. INDICATED VALUE BY SALES COMPARISON APPROACH $ 147,000 INDICATED VALUE BY INCOME APPROACH if A Iicablel Estimated Market Rent S N/A 'Mo x Gross Rent Multi Iier N/A = $ This appraisal is made "as is" ., subject to tlie repairs. alterations, Inspections Of conditions listed below j subject to completion per plans & specltications Conditions of Appraisal This appraisal is made in as is condition. The attached addenda are a significant part of this report.. final ReconCIliation: Three traditional approaches were considered in the appraisal process. The cost approach usually determines the upper limit of value and the income approach was not completed due the few number of rentals in the area. The market data approach to value is considered to be the most accurate means of achieving the market value and has been heavily relied upon in the final valuation. - The purpose of thiS appraisal is to esrimale the market value of the real property that is the subject of this report. based on the above conditions and the certltication, contrngent and Iimllrng conditions. and market value definition that are stated rn the attached freddle Mac form 439/FNMA form 1004B (ReVised 6/93 I I (WE) ESTIMATE THE MARKET VALUE, AS OEFINEO, OF THE REAL PROPERTY THAT IS THE SU8JECT OF THIS REPORT, AS OF 3/14/2005 (W. Hie H IS THii~FIN.S.P. EC.iI..N. ~D T.E F FEC TIVEDAT E OF THIS REPORT) TO BE. S 147,000 AP.PRAISE R.'.. ~'. .. SUPERVISORV APPRAISER (ONLY IF REQUIRED): Signature . . . Signature Did Did Not Name Rob rt . Ensminger Name Inspect Property Date Report Signedu3/31/2005 Date Report Signed State Certification # RL-000952-L State PA State Certification # Or State license # State Or State License # Freddie Mac Form 70 6.93 PAGE 2 Of 2 Form lIA2 - "TOTAL for Winddws" appraisal sottware by a la mode. Inc. -1-800.ALAMODE ..." ,: State State fannle Mae form 1004 6.93 , REV-1508 EX+ (6-98) *' COMMONWEALTH Of PENNSYLVII-NIA INHERITANCE TAX RETURN RESIDENT DE:CEOENi SCHEDULI I CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY II ESTATE OF VERNA M.. Z ERSE 21-05-0070 FILE NUMBER ITEM NUMBER 1. 2. Include the proceeds of litigation and the data the proceeds were received by the estate. All property jointly-owned with rlght or survivorship must be disclosed on Schedule F. DESCRIPTION waypoint Bank Certificate of Deposit #500012634 principal balance at date of death Accured interest Date of Death balance waypoint Bank Certificate of Deposit #7100022093 principal balance at date of death Accured interest Date of Death balance 3. Citizens Bank Checking Account #6100676544 principal balance at date of death Accured interest Date of Death balance VALUE ~T DATE OF OIlATH $ 10,376.77 $ 5.49 10,382.26 4. Citizens Bank Certi.ficate of Deposit #6244731463 principal balance at date of death Accured interest Date of Death balance $ 40,113.50 $ 36.82 40,150.32 5. Citizens Bank Certificate of Deposit #6140740371 principal balance at date of death Accu:r-ed interest Date of Death balance $ 10,170.35 $ 00.00 10,170.35 $ 10,000.00 $ 9.64 10,009.64 $ 99,994.00 $ 205.01 100,199.01 Personal property, as per Robert Ensminger, Appraiser 2000 Buick Century Custom-per appraisal 4,150.00 6,900.00 6. 7. TOTAL (Also enter on line 5, Recapitulation) $ 181 , 961 . 58 (If more space is needed, insert additional sheets of the same size) \ I . ' ~lWay~qi!,~ 2/3/2005 ANDREW C SHEELY 127 S MARKET ST PO BOX 95 MECHANISBURG P A 17055 The information which you requested on the account(s) of VERNA M ZERBE (Social Security Number 203-10-0008) is/are as follows: 7100022093 CERTIFICATE 012202 40113.50 36.82 40150.32 Account Number Class of Account Date Opened Principal Balance Accrued Interest Balance at Date of Death Account Ownership SOLE Name of Joint Owner, if any 500012634 CERTIFICATE 053000 10376.77 5.49 10382.26 SOLE Date Ownership 053000 Was Established 0]2202 Account Number Class of Account Date Opened Principal Balance Accrued Interest Balance at Date of Death Account Ownership Name of Joint Owner, if any Date Ownership Was Established Additional. Information Requested E WATTS SENIOR SERVICES REP. P.O. Box 1711. HARRISBURG. PeNNSYUlANIA 17105-1711 Toll Free r-866-W~fPOINT (1-866-929-7646) 'IN YORK AREA 717/815-4t;;nn . 'A^A^AIlA''''.....",I_I-...-...J. --- TT . . . .~ CITIZENS BANK Account Numbe"r 6100676544 Account Title .. VERNA ZERBE Date Opened 6/8/72 Account Type Checking Principal Balance as ofDOD $10170.35 Intt:rest from Last Posting to DaD $ .00 Account Balance as ofDOD $10170.35 YTD Interest to-bOD $.00 - II . . , . .~ CITIZENS BANK Account Number 6244731463 Account Title VERNA ZERBE Date Opened 6/1/04 Account Type Time Deposits Principal Balance as ofDOD $10000.00 -. Interest from Last Posting to DOD $9.64 Account Balance as of DOD $10009.64 YTD Interest to DOD $27.18 II . I . . .~ CITIZENS BANK Account Number 6140740371 Account Title VERNA ZERBE Date Opened 5/26/99 Account Type Time Deposits Principal Balance as ofDOD $99994.00 Interest from Last Posting to DOD $205.01 Account Balance as ofDOD $100199.01 YTD Interest to DOD $.00 -~ - 'ROBEI~T ENSMINGER APPRAISERS REAL ESTATE and PERSONAL PROPERTY " ... , 3557 Elmerton Avenue Harrisburg, PA 17109-1132 7\7-652-4\ 11 Voice 7\7-541-9444 Fax 7\7-877-7350 Cell April 18, 2005 threecomps@comcast.net www.Ensmingers.net Dennis Zerbe 2424 Clover Dr. Mechanicsburg, PA 17055 RE: Estate of Verna Zerbe Dear Mr. Zerbe: In accordance with your request, I have appraised both the real and personal property of Verna Zerbe, Deceased. The property is located at 300 Walnut Circle, Shiremanstown, PA 17011. The values shown have been arrived at after a careful study of the property. I believe it to reflect a true measure of its market value as of March 14, 2005. Market value is defined as being the most reasonable or probable price in terms of money that real or personal property will bring in an open and competitive market under all conditions requisite to a fair sale, the buyer and seller each acting prudently and knowledgeably, and assuming the price is not affected by undue stimulus. Taking into account all of the factors set forth in the pages that follow, it is the opinion of the undersigned that the fair market value of the personal property is Eleven Thousand Fifty Dollars ($11,050.00.) Further, the value of the real estate, as set forth in the attached Residential Appraisal Report, is One Hundred Forty- Seven Thousand Dollars. Employment in and compensation for making this appraisal are in no manner contingent upon the value reported and I certify that I have no financial Interest in the property appraised, present or contemplated. Very truly yours, Kr1eJII~ Robert A. Ensminger ~ ., . ... I. II Estate of Verna Zerbe Item Description Value J'1!~c' in largetJ~~~_~ement cupboard - $ 25.00 .. -- Chair $ 5.00 1-::-.-'-.'-- ----.-- -~-- $ - 5.00 Electrolux -~._--~ - Bicycles $ 15.00 --.- -.------ Smoker grill $ 5.00 -- ~-----~~.~_. - -- Utility ca rt $ 5.00 _.._-----~-_...-_.__.,-- Folding chairs $ 5.00 --.- $ -- Director chairs 5.00 -.- - -- ~king a~d stt:j~ht chairs .---..----..--- $ 25.00 -~_.- Misc. on -'pingl)~I!!9.. table $ 15.00 f!!19.~ tabh~~__. -- -1.___ 25.00 -~'-----' Table & 2 chairs .------- $ 15.00 ---- Light mah~ant end table $ 25.00 TV tables -$ 10-.00 .... ... -.. Plastic totes $ 15.00 1------. --.-------.. -- Piano stool $ 60.00 -'------ $ Dehumidifier 25.00 t--- -.... $ 10.00 May tag dryer _ ___________ ----~. Round table $ 10.00 f-----.-- .. ..------- -- Misc. in basement -$ 5.00 1----- --. -- Dolls $ 150.00 .- --- Brass bucket $ 30.00 -~----_.- --- Pole lamp $ 20.00 ._--_._-----~~---_.. 25.00 Q.911 carri~~______________ $ -- Cradle $ 25.00 -'---- --. --- Rocking chair $ 20.00 '--'" .----.--- ---- Orange chai~_______. $ 10.00 -.--------.--- ---- Marble top table $ 250.00 Chair & ottomaf"'-----.----------- $ 10.00 Child's rocker . ~_..__.~----- $ 20.00 ---.-- '-.---'--. - --- Grandmother clock $ 250.00 -:------- _... ..------.-------- ----.------ I.~b~la~_ _ - $ 15.00 Sofa $ 20.00 Seasonal decorcliions--------.-- $ 20.00 .- --- Coffee table $ 60.00 -- .'------._._--'. End table $ 35.00 -- Lamp ---. $ 10.00 Love seat $ 10.00 -_.- Record cabinet $ 20.00- Folding chairs ---~-- ---- -- - L 10.00 Smoking stand ._-_._--~--_. --- --. $ 10.00 lamp $ .----------------- - 10.00 Dining table & 4 ~:hairs -~~~--- $ 200.00 Hutch -- J 125.00 Misc. contents of hutch -- -- $ 75.00 ~~. in dining ro:~:~~____ '-"-'---' -- $ 35.00 GE Refrigerator $ -- f-----c-- -- .-- 200.00 Table & 4 chairs $ 100.00 Page 1 of 2 Pages .. ,-~~ . " .. Estate of Vema Zerbe ____________ _____~tem _~~~~iption _____________________ Value Microwave oven ______ ______________ ___u ___________________.__ $ 35.00 Misc. in kitchen _ ______._____ $ ?J>~ MaytaQ washer ___On $ ____100.00 Oak table __________ _ $ 40.00 Plant sta~ds_.. ________. __~ 15.00 Panasonic TV ____. ____ ____n__..____ $ ._____89~ Costume jewel!'~_____ _ _ _._ $. ._25.00 Blanket $ 10.00 ~,____ _ n___ Craft SUPP~L~ ____ __ $ 20.qQ.. Cabinet .__ ____.. ____. $ 2?~ Misc. in den . ___ n $ 15.QQ. Microwave oven cart __ _ _ $ . __ 20.00_ Ice cream_Jr.ee21~r_____ ____ ___.._. $ __10.00 Linens ___~_. $ 30.00 Misc. kitchen items _ _ $ ____~9~ Rattan sofa, chj:~!~, table_____._ $ 50.00 2000 Buick Centu~ustom ___ $ n_~_OO.OO__ Toro snow t~!o\~~r _._ _ $ 100.0Q. !!!.~n Boy 4:.5 He mower. _ _______ _._ $ 150.00 Misc. in gar~ _._. _ $ ~9~_QQ. ~!1ic table & b(~!,~_<::hes _ $ _1 5. QQ.. .fQ.~tents of she'~ ___._ $ ___SO:QQ. Maple bedroo.m ~:~ui~~______________ $ 300.00 Rysh bottom ch~ir ____ _ $ 30.00 Linens ______________ __ $ 30.00 Quilt rack .__ __~~ 25.00 Rocking chai~___ ..____ _____. $ 40.00 Cedar chest______ $ ]S.QQ.. IY_tabl~__..__._.__ _______ $ ____40.QQ. ~ple de~______n _____ $ _SO.:QQ.. raa~~ dres~~_c.... --~~-----~--.------------t_- t~:gg- Twin be~___ _____------- ---'-----fsoJ>O ~. ... ------.-------------- $ ~c- Bookshelf - $ --is.oo ~~ bookca~~_______ ________________________ $ 30.0Q.. ~be _ $ 30.00 Chair --- $ ---5.00 Organ & bench ---- ----.------- $---25.0"0- Fireproof file ~ab!l1et__ ---_______u___-- $ 150.00 Sewing Machine.. _ $ SO.OQ_ Electrolux $ 35.00 ~c. ir:!...Qedroon~__ ------------- $ -SJ)() .---'-=- TOTAL $ 11,050.00 Page 2 of 2 Pages \ I .. I . REV.1511 EX+ (12-99>., , ' , COMMONWEALTH OF PENNSYLVANIA INHERITANCE 1 AK RETURN RESIDENT DECEDENT SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS ESTATE OF VERNA M. ZERBE 2 f!!:'O~~"6 7 0 Debts of decedent must be reported on Schedule I. ITEM NUMBER A. 1 1 . 2 . 3 . 4 . DESCRIPTION AMOUNT - FUNERAL EXPENSES: MALPEZZI FUNERAL HOME SRIREMANSTOWN UNITED METHODIST CRURCR-FUNERAL EXPENSE FUNERAL EXPENSES GINGRICH MEMORIAL - INSCRIPTION $6,186.00 $ 300.00 $ 100.00 $ 100.00 B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Name of Personal Representative(s) DENNIS E. ZERBE, EXECUTOR $ .00 Social Security Number(s)/EIN Number of Personal Representative(s) 2424 CLOVER DRIVE - Street Mdress City. MIr.t!RllN lCAArtAt:l State ---RA. Zip '7nlil; Year(SI Commission Paid: 2. Attorney Feer. ANDREW C. SHEEL!, ESQUIRE, PER AGREEMENT $ 2,750.00 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant Street Address City __' State _Zip Relationship of Claimant to Dacedent CUMBERLAND COUNT! REGISTER OF WILLS-PROBATE FEES $ 246.00 4. Probate Fees 5. Accountants Fees 6. Tax Return Preparer's Fees 7. FILING FEES FOR INHERITANCE TAX RETURNS 15.00 Reserves ~o conclude Es~a~e adminis~ration, Dece~~nt's Final Tax Re~qrn and Fiduciary Return 600.00 TOTAL (Also enter on line g, Recapitulation) $ (If more space is needed, Insert add~ronal sheets of the same size) 10,297.00 Mar 08 05 10:35a Miohael J. Malpezzi 717-697-2414 . .. Malpezzi Funeral Home 8 Market Plclza Wny M~ci1anicsbl1rg. PA 17055 (717)697-4696 March 8, 2005 ~r. T>cnn;g 7..ctbo 2424 Clover J.)rive Mechanicsbl.lrg, PAl 7050 The Funeral Sel'Vlce lor Vema Marie Zerbe We sincerely appreciate the confidence you have placed in us and will continue to assist you in every way we call, feel free to contact 1.l$ if' you. h~vc any questions in regard to thb l>taLCl11cnt. , THE FOLLOWINC IS AN ITllMIZrlD STATEMENT Of THE SERVICES, "ACILlTIES. AUTOMOTIVB EQlIIPMCll'\T. AND MERCIiANmSI:i THAT YOl! SEI.F.:CTED WHBN MAKJ:';lC THIl FlJNF.RAIJ ARRAt-:CBMENTS. 1. J.ROljl~SSI()N^I. !iiF.RVICe:s Scrvicc.~ (,f Fun CI'(I I DirtlcwrlStn/T FVN'ERAL HOME SIJ:Rvic..: CH^~GtS SELECTED :\1ERCflANDISE; O;lk Rl,lntal Ca~kc;t . 6 . . ~ . Urn Vault ... ... . . Cl,llt~r'od. M~lr'bl~ ~rn. . . Rc;gj~t~r: M~m!:lrill:l~, (\ckn . Cu~tom Lm J::;nllrllvlnR - . T'HF. COST OFOUR S'ERVlb:s, iQiJlrM~:N-r. ANn MF.R.dl^~Disi . THATVQl; HAVE SELECTED . . . . . . . . . . . . . :llS403.00 ^TTJlE TIME fUNERAL ARRANGEMENTS WeRE MADf. We. ADVANCED CRRTA1~ PAYMENTS TO QTHFRS AS AN ACCOMMODATION. THF. FOl.I.QW1NG IS AN ^CCOU~TING FOR THOSE CHARCBS. CASH ADV ANC~S Opcn.ing. Gr.nv~ . . Nt..'W~ll:\P<;r ~oticc~ - ~oc<ll . Clc~)'lt.:1as~ O.fl'\l~lnll. . . Or~u~i~t. . . . . . . . . . C"rtitill~ C':'I)i~$ of tho Death C~lJ~I:~ll: . rlowor~ S3545.00 $3:545.00 $ 160.()() $(l7~,OO $285.00 $511.0il $IW,IlO ~ . .. '" ~ . . . . . . .. .. .. '" w .. a . . TOTA.1. CASU ADVANCeS AND SPECIAL CHA~GES . CONTRACT PKIC.l!: HISTORY 02l1~2~05 .1'L':(m~nt . S3(lO,OO $IS2.00 $100.00 $75.00 $50.00 $ [()(" 00 $783.00 $(1186.00 TOTAL AMOUNT om: $-6186,00 $0.00 II p. 1 Please . " RECEIPT FOR PAYMENT ------------------- ------------------- GLENDA FARNER STRASBAUGH Cumberland County - Register Of Wills One Courthouse Square Carlisle, PA 17013 Rece~pt Date: Rece=!-pt Time: Recelpt No.: 1/24/2005 10:42:57 1039235 ZERBE VERNA M Estate File No. : Paid By Remarks: 2005-00070 DENNIS E ZERBE J Fee/Tax Description PETITION LTRS TEST WILL AUTOMATION FEE JCP FEE SHORT CERTIFICATE Check# 105 Total Received......... Receipt Distribution ------------------------ Payment Amount Payee Name 200.00 CUMBERLAND COUNTY GENERAL FUN 15.00 CUMBERLAND COUNTY GENERAL FUN 5.00 CUMBERLAND COUNTY GENERAL FUN 10.00 BUREAU OF RECEIPTS & C~TR M.D 16.00 CUMBERLAND COUNTY GENERAL FUN ---------------- $246.00 $246.00 II REV.151, EX' (1.97) ~ COMMONWEALTH OF PENNSYL \ .,t.IIA INHERITANCE TAX RETURt. RESIDENT DECEDENT .~. VERNA N. ZERBE SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS 2 1- 0 ~I.&~W'HR .., . l · ESTATE OF Include unreimbursed medical expenses. ITEM NUMBER DESCRIPTION AMOUNT 1- PA AM Water - final bill $ 54.78 2. Comcast Cable $ 42.24 3. Personal assistant care $ 942.50 4. PPL - final bill $ 105.30 5. Shipley Oil - final bill $ 787.21 6. Lower Allen Township - sewer charges $ 44.00 7. Verizon - final bill $ 82.19 8. Judy prowell, tax collector, Shiremanstown Borough - 2005 taxes $ 652.29 9. WSI - waste services $ 31.65 10. Robert E. Ensminger, Appraiser, fee $ 455.00 TOTAL (Also enter on line 10, Recapitulation) $ 3, 197 . 16 (If more space is needed, insert additional sheets of the same size) .. . . ..." Robert Ensminger Appraisers 3557 Elmerton Avenue Harrisburg, PA 17109-1132 717-652-4111 FAX 717=541=9444 threecomps@comcast.net INVOICE 0003115 REFERENCE Federal EIN 23-2492038 State Certifications: Certified Residential Appraiser - RL-000952-L Certified Broker/Appraiser - BA-004224-L TO Estate of Verna Zerbe DE SCRI PTI ON I AMOUNT Single Family Residential Appraisal Report 275.00 Personal Property Appraisal 180.00 Subtotal $ 455.00 $ TOTAL 1$ 455.00 Please make check payable to: Robert Ensminger Appraisers Federal EIN 23-2492038 Robert Ensminger Appraisers form NIL - "TOTAL tor Windows' appraisal sottware by a la mode, Inc. - 1-800-ALAMODE ,,' IlEV.1513 EX+ (1-91) ~ ...,. ~ COMMONWEALTH OF PENNSY VANIA INHERITANCE TAX RETUI:N RESIDENT DECEDENT ESTATE OF NUMBER 1. SCHEDULE J BENEFICIARIES DENNIS E. ZERBE NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY TAXABLE DISTRIBUT IONS (include outright spousal distributions) 1. DEN~XS E. ZERBE 2424 Clover Drive Mechanicsburg, P A 17055 FllEJ~M.!5W5 _. 0 0 7 0 RELATIONSHIP TO DECEDENT Do Not list Trustee(s) SON 11 AMOUNT OR SHARE OF ESTATE 100 % of Rest. Residue and Remainder ENTER DOLLAP ~\MOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 17, AS APPROPRIATE, ON REV 1500 COVER SHEET = II. NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTR'I3UTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE 1. B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS 1. TOTAL OF PART]I. ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV 1500 COVER SHEET $ -_. (If more space is needed, insert additional sheets of the same size) n REV-1162 EX( 11-96) COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES DEPT. 280601 iiARRISBUflG. PA 17128-0601 PENNSYLVANIA INHERITANCE AND ESTATE TAX OFFICIAL RECEIPT NO. CD 005112 . .. RECEIVED FROM: ZERBE DENNIS E 2424 CLOVER DRIVE MECHANICSBURG, PA 17055 ~-.~---~ fold ..-------.- -_..----- 101 I $14,000,00 ESTATE INFORMATION: SSN: 203-' 0-0008 I FILE NUMBER: 2105-0070 I DECEDENT NAME: ZERBE VERNA M I DATE OF PAYMENT: 03/23/2005 I POSTMARK DATE: 03/23/2005 I COUNTY: CUMBERLAND I DATE OF DEATH: 01/11/2005 I I TOTAL AMOUNT PAID: $14,000.00 REMARKS: CHECK# 0993 INITIALS: CCP SEAL RECEIVED BY: GLENDA FARNER STRASBAUGH REGISTER OF WILLS TAXPAYER ACN ASSESSMENT CONTROL NUMBER AMOUNT ,. , .. .. .. .. LAST WILL AND TESTAMENT 01' VBRNA II. IERBB I, VERNA M. ZERBE, of the Borough of Shiremanstown, Cumberland County, Pennsylvania, make, publish and declare this as and for my Last Will and Testament, hereby revoking all other Wills and Codicils heretofore made by me. FXRST: I direct that all inheritance, estate, trans- fer, succession and death taxes, of any kind whatsoever, which may be payable by reason of my death, whether or not with respect to property passing under this Will, shall be paid out of the principal of my residuary estate. SECOND: I devise and bequeath all the rest, residue and remainder of my estate of whatever nature and wherever situate, including any property over which I hold power of ppointment and together with any insurance policies thereon, to my son, DENNIS E. ZERBE. THIRD: Should DENNIS E. ZERBE predecease me, I devise and bequeath all the rest, residue and remainder of my estate of whatever nature and wherever situate, including any property over which I hold power of appointment and together with any insurance policies thereon, to my granddaughter, KERIN LEE ZERBE. FOURTH: In addition to all powers granted to them by law and by other provisions of this Will, I give the fiduciaries acting hereunder the following powers, applicable to all proper- ty, exercisable without court approval and effective until actual distribution of all property: (A) To sell at public or private sale, or to lease, for any period of time, any real or personal property and to give options for sales, exchanges or leases, for such prices and upon such terms (including credit, with or without security) or conditions as are deemed proper. This includes the power to give legally sufficient instruments for transfer of the property and .... w .,. · to receive the proceeds of any disposition of it. (B) To partition, subdivide, or improve real estate and to enter into agreements concerning the partition, subdivi- sion, improvement, zoning or management of real estate and to impose or extinguish restrictions on real estate. (e) To compromise any claim or controversy and to abandon any property which is of little or no value. (D) To invest in all forms of property, including stocks, common trust funds and mortgage investment funds, without restriction to investments authorized for Pennsylvania fiduci- aries, as are deemed proper, without regard to any principle of diversification, risk or productivity. (E) To exercise any option, right or privilege granted in insurance policies or in other investments. (F) To exercise any election or privilege given by the . Federal and other tax laws, including, but not necessarily being limited to, personal income, gift and estate or inheritance tax laws. (G) To make distributions to my herein named benefici- aries in cash or in kind or partly in each. (H) To borrow money from themselves or others in order to pay debts, taxes, or estate or trust administration expenses, to protect or improve any property held under my will, and for investment purposes. (I) To select a mode of paYment under any qualified retirement plan (pension plan, profit sharing plan, employee stock ownership plan, or any other type of qualified plan) to the extent the plan or the law permits them to do so, and to exercise any other rights which they may have under the plan, in whatever manner they consider advisable. FXFTB: I nominate and appoint DENNIS E. ZERBE, Executor of this, my Last will and Testament. In the event of the death, resignation or inability to serve for any reason whatsoever of the said DENNIS E. ZERBE, I nominate and appoint 2 .... . II \ KERIN LEE ZERBE, Executrix of this, my Last Will and Testament. I direct that my Executor or Executrix, as the case may be, and their successors, shall not be required to post security or a bond for the performance of their duties in any jurisdiction. IN WITNESS WHEREOF, I have hereunto set my hand and seal to this, my Last Will and Testament, this ~/$r day of ~RReff , 1996. . 'trWYt.a W)~~ VERNA M. ZER (SEAL) Signed, sealed, published and declared by the above- named Testatrix as and for her Last will and Testament in our presence, who, at her request, in her presence and in the presence of each other, have hereunto subscribed our names as attesting witnesses. A~ (J $'~ {?~~d B~ Address Address 3