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HomeMy WebLinkAbout10-06-05 (2) REV-1500 EX + (6-00) '* COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE DEPT. 280601 HARRISBURG, PA 17128-0601 REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT OFFICIAL USE ONLY FILE NUMBER 2 - 0 5 o 2 7 COUNTY CODE -----y"'EAR- - - NUMBER- - I- Z W Cl W () W Cl DECEDENT'S NAME (LAST, FIRST, AND MIDDLE INITIAL) Ritche Franklin, 0 DATE OF DEATH (MM-DD-Year) SOCIAL SECURITY NUMBER DATE OF BIRTH (MM.DD-Year) 1 96- 1 8 - 3 032 THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS 03/10/2005 08/21/1923 (IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST. FIRST, AND MIDDLE INITIAL) SOCIAL SECURITY NUMBER w < :.:_CIl u 0:::.: wo..u :r:~9 u o..m 0.. <t [R] 1. Original Retum D 4. Limited Estate [R] 6. Decedent Died Testate (Attach copy of Will) D g. Litigation Proceeds Received D 2. Supplemental Retum D 4a. Future Interest Compromise (date of death afler 12-12-82) D 7. Decedent Maintained a Living Trust (Attach copy ofTruS!) D 10. Spousal Poverty Credit (date ofd.ath b_en 12.31-91 and 1-1-95) D 3. Remainder Retum (dateofd.athpMortoI2.13.82) D 5. Federal Estate Tax Retum Required 1... 8. Total Number of Safe Deposit Boxes D 11. Election to tax under Sec. 9113(A) (Attach Sch 0) THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: NAME COMPLETE MAiliNG ADDRESS John J.Moran II 125 East Philadelphia Street FIRM NAME (If Applicable) >- z w C Z o 0.. CIl W 0:: 0:: o (,J z o ~ ...J ::::l l- ii: <C () w a::: TELEPHONE NUMBER 717-846-3833 1. Real Estate (Schedule A) 2. Stocks and Bonds (Schedule B) 3. Closely Held Corporation, Partnership or Sole-Proprietorship 4. Mortgages & Notes Receivable (Schedule D) 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) York (1) (2) (3) (4) (5) (6) (7) PA 17403 OFFle'IAL USE ONLY 131,800.00 I 17,778.37j, I I 37,848.00 I t......) , ) I 726,018.13 L r) (.j ,- ~) (8) 913,444.50 (9) (10) 76,285.17 3,661.24 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) 13. Charitable and Govemmental Bequests/See 9113 Trusts for which an election to tax has not been made (Schedule J) (11) (12) (13) 79,946.41 833,498.09 14. Net Value Subjectto Tax (Line 12 minus Line 13) SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES (14) 833,498.09 z o S ::::l c.. :E o () ~ 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 (a)(1.2) 16. Amount of Line 14 taxable at lineal rate 17. Amount of Line 14 taxable at sibling rate 18. Amount of Line 14 taxable at collateral rate 19. Tax Due 0.00 X _(15) 0.00 0.00 X _(16) 0.00 412,965.90 X .12 (17) 49,555.91 420,532.19 X .15 (18) 63,079.83 (19) 112,635.74 20. 0 CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT >> · BESURETO ANSWER ALL QUESTIONS ON REVERSE SIDE AND RECHECKMATH<< m1 M&fBank 499 Mitchell Road, Millsboro, DE 19966 Mail Code DE-MB-12 Phone (8&8) 502-4349 Fax (302) 934-2955 September 27, 2005 Law Offices of Keith A Hassler 9 North Beaver Street York, Pennsylvania 17401 Reo' Estate or Franklin D Ritchev Social Security: 196-18-3032 Date of Death: March 10, 2005 Dear Sir or Madam: Per your inquiry dated September 20, 2005, please be advised that at the time of death, the above-named decedent had on deposit with this bank the following: I. Type of Account Checking Account Account Number 71996869 Ownership (Names oj) Franklin D Ritchey * Betty M Ritchey * Taylor K Miller, POA Opening Date 0.8/28/64 Closed 0.9/0.1/0.5 Balance on Date of Death $17,925.7J Accrued Interest $ 0.0.0. Total $17,925.71 2. Type of Account Safe Deposit Box Box Number/Location 0.0.0.140.0. / West Shore Plaza Ownership (Names oj) Franlin D Ritchey * Betty M Ritchey * Opening Date 0.9/0.1/50. * For further account information, regarding ownership and any changes, closures and/or reimbursement of funds, please contact our West Shore Plaza Branch at 1200 Market Street, Lemoyne, P A 17043, or # 717-255- 2271. Sincerely, ~ ~~;!~~?~b ~/" Nancy Clagett Records Management .~ \ - "u""" .....~""" LAST WILL AND TESTAMENT OF FRANKLIN D. RITCHEY I, FRANKLIN D. RITCHEY, now of the borough of Camp Hill, Cumberland County, pennSYlvania'~rlare thi~to 0e my Last Will and Testament and revoke ~~o; Wills or Codicils made by me. ~~ ITEM I. I direct th~;l of my just debts and funeral expenses, including the cost of my gravemarker, if any, shall be paid from my estate as soon as practicable after my decease as a part of the administrative expenses of my estate. ITEM II. I give and devise all of my estate of every nature and wherever situate to my wife, BETTY M. RITCHEY, provided she survives me by thirty (30) days. Should she predecease me or die on or before the thirtieth (30th) day following my death, then I give and devise the same as follows: A. I give my wife's one-carat diamond engagement ring to my sister, BETTY CLAAR. B. My wife's one-half-carat diamond ring to her nephew, TAYLOR K. MILLER. C. All antique furniture, cut glass, pictures, sterling silver, dishes and china I give in equal shares to my sister-in-law, CARMEN RITCHEY and my wife's brother, ROBERT MILLER, to be divided among them as they agree, or if they cannot agree, as my executor decides. D. The rest of my estate I give and devise as follows: 1. One-half thereof to my wife's brother, ROBERT MILLER, if living on the thirtieth (30th) day following my death, and if not, I give the same to my wife's nephew, TAYLOR K. MILLER. 2. The remaining one-half thereof I give in equal shares to the then living of my brothers and sister. ~l4t'-h.b_ ,"!J r {?L-:TC/:.e~ Franklin D. Ritchey ? ITEM III. I appoint my wife, BETTY M. RITCHEY, Executrix of this my Last will and Testament. Should she fail to qualify o~ cease to act in such capacity, I then appoint her nephew, !J iAYLOR K. MILLER, as Contingent Executor of this my Last will / i (apd Testament. .N..O........ bond shall be required by my Personal Representative f? any jurisd~c_:t:i,.(>D. ITEM IV. In addition to the powers given by law to my Personal Representative (herein fiduciary) in the administration of my estate, he shall have the following discretionary powers applicable to all real and personal property held by him, including property held for minors, effective without court order until actual distribution. (The words "he" and "him" as used herein shall be deemed to include the words "she", "it", "they", "his", and "her" as appropriate.) A. To retain any property owned by me at my death and to invest any funds held by him in any stocks, bonds, notes or other securities or property, real or personal, it being my intention to give him the broadest investment powers possible within the limitations of the law. B. To sell or otherwise dispose of any property, real or personal, at any time forming a part of my estate or the Trust estate, for cash or upon credit, in such manner and on such terms as he sees fit, and no one dealing with the fiduciary shall be bound to see to the application of any monies paid. C. To manage, operate, repair, improve, mortgage or lease for any term any real estate at any time held or owned by him as fiduciary. D. To hold investments in the name of a nominee and exercise and dispose of warrants. E. To engage in litigation and compromise, arbitrate or abandon claims and property. F. To conduct any business in which I am engaged or in which I have an interest at the time of my death, for '~~a- ,t). Mh , Franklin D. Ritchey t1 -2- such period as the fiduciary deems advisable, with the power to borrow money and to pledge the assets of the business and do all other acts, which I, in my lifetime, could have done, or to delegate such powers to a partner, manager or employee, without liability for any loss occurring therein. G. To allocate items of receipt of disbursement between principal and income as the fiduciary deems equitable regardless of the character given such items by law; to distribute in cash or kind or partly in each at valuations fixed by the fiduciary. H. In general, to exercise all powers in the management of the assets of my estate which any individual could exercise in the management of similar property owned in his own right, upon such terms and conditions as the fiduciary may deem best, and to execute and deliver all instruments and to do all acts which the fiduciary may deem necessary or proper to carry out the purposes of this will. I. To apply income or principal to which any beneficiary is entitled, directly for his or her comfort, maintenance and support, should the fiduciary deem such beneficiary incapable of receiving the same by reason of age, illness, infirmity or incapacity, or to pay the same to such person or persons as the fiduciary selects to disburse it, whose receipt shall be a complete acquittance therefore without the intervention of any guardian. J. To assume continuance of the status of any beneficiary with reference to death, marriage, divorce, illness, incapacity or other change in the absence of information deemed reliable without liability for disbursements made on such assumptions. K. No interest of any beneficiary of my estate shall be subject to anticipation or to pledge, assignment, sale or transfer by such beneficiary, nor shall any beneficiary have the power in any manner to charge or encumber his or her interest, ~~RJ.~1v ranklin D. itche -3- nor shall the interest of any beneficiary be liable or subject in any manner while in the possession of my Personal Representative for the liability of such beneficiary, whether such liability arises from his or her debts, contracts, torts or other agreements of any type and the same may not be liable for any levy, attachment, execution or sequestration while in the hands of any fiduciary. ~ IN / i-day WITNESS WHEIAEOF, Au fU<J-'\ of ~, 1990. I have hereunto set my hand this ~-A~ Franklin D. Ritchey The preceding instrument, consisting of this and three other typewritten pages, identified by the signature of the Testator, was on the day and date thereof signed, published and declared by FRANKLIN D. RITCHEY, Testator therein named, as and for his last Will in the presence of us, who, at his request, in his presence .a~d~i he presence of each other have subscribed our na~~s w ess s ereto. ,,/ ...'/. ) ::2? d-('0 d",eJ d!;fJc:t'1!'Z~ () ~ 17 ~ 0) ;2 z,'J- iJ ;2"4 <j.. fLu(I~'Jjl4 (1/ or -4- ACKNOWLEDGMENT COMMONWEALTH OF PENNSYLVANIA . . SS: COUNTY OF DAUPHIN . . I, FRANKLIN D. RITCHEY , testator whose name is signed to the attached or foregoing instrument, having been duly qualified according to law, do hereby acknowledge that I signed and executed the instrument as my last Will, that I signed it willingly, and that I signed it as my free and voluntary act for the purposes therein expressed. ~A9-~ Franklin D. Ritchey ~ of Sworn or affirmed to and acknowledged before Franklin D. Ritchey , testator, this 14+h ChJ. ~JO.l::. , 1990 me, day by L .~ ~P~i~l My Commission Expires: AFFIDAVIT NOTARIAL SEAL lINOAL. GUSTIN. Notary Public Harrisburg, P A Dauphin COIIIlly My Commission Expires May 20, 1991 COMMONWEALTH OF PENNSYLVANIA . . SS: COUNTY OF DAUPHIN : :u .we,'~lc.h~l. p~ ~.~J~a. f'Iv...J:lJ.. ) , the witnesses who e names are s1gned to the attached or foregoing instrument, being duly qualified according to law, do depose and say that we were present and saw testator sign and execute the instrument as his last Will, that he signed willingly and that he executed it as his free and voluntary act for the purposes therein expressed, that each of us in the hearing and sight of the testator signed the Will as witnesses; and that to the best of our knowledge the testator was at that time.18 or more Y7ars of age, of sound)m and under no constra1nt or undue 1nfluence. /' /' ~- of O~~~~_ and subscribed before me this _~ ' 19QO . /4+h day L~L.~ Notary Publ c My Commission Expire! : NOTARIAL SEAl lINOAL.GUSTIN. Notary Public . Harrisburg, P A Dauphin COIIIlly Mv Commission EXDires Mav 20 1llQ1 REV-'~02 EX + (6-98) SCHEDULE A REAL ESTATE COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FilE NUMBER Ritchev Franklin D 21 05 0271 All real property owned solely or as a tenant in common must be reported at fair market value. Fair market value is defined as the price at which property would be exchanged between a willing buyer and a willing seller. neither being compelled to buy or sell, both having reasonable knowledge of the relevant facts. Real orooertv which is iointlv-owned with riaht of survivorship must be disclosed on Schedule F. ITEM NUMBER 1 DESCRIPTION VALUE AT DATE OF DEATH 131800.00 Residence 205 South 16th Street Camp Hill, PA 17011 TOTAL (Also enter on line 1, Recapitulation) $ (if more space is needed, insert additional sheets of the same size) 131 800.00 REV-1~03 EX + (6-. COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE B STOCKS & BONDS ESTATE OF Ritchev Franklin D FILE NUMBER 21 05 0271 All property jointly-owned w~h right of sUlVivorship must be disclosed on Schedule F. ITEM NUMBER 1 DESCRIPTION 307 shares Prudential Financial Inc. @ $57.91 each VALUE AT DATE OF DEATH 17778.37 TOTAL (Also enter on line 2, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 17778.37 REV-~508 EX + (8-98) SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT FILE NUMBER 21 05 Include the proceeds of litigation and the date the proceeds were received by the estate. All property jointly-owned with right of survivorship must be disclosed on Schedule F. ESTATE OF Ritchey Franklin D 0271 ITEM NUMBER 1. 2 3 4 5 6 7 8 9 10 11 DESCRIPTION VALUE AT DATE OF DEATH 1400.00 1987 Dodge Van 1999 Chrysler 300 automobile 7500.00 AT&T Refund Refund 35.55 Health South Refund 15.57 Liberty Mutual Auto insurance refund 153.00 M & T Bank Checking Account 17925.71 Miscellaneous antiques to Taylor K. Miller 3487.81 Miscellaneous antiques to Carmen Ritchey 4078.50 Miscellaneous tangible personal property 1144.39 Prudential Refund - long term care insurance 1657.47 Prudential Long Term Care Ins. Refund - long term care insurance 450.00 TOTAL (Also enter on line 5, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 37848.00 REV-1510 EX + (6-98) SCHEDULE G INTER.VIVOS TRANSFERS & MISC. NON-PROBATE PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Ritchev Franklin 0 FILE NUMBER 21 05 0271 This schedule must be ccmpleted and filed if the answer to any of questions 1 through 4 on the reverse side of the REV-1500 COVER SHEET is yes. DESCRIPTION OF PROPERTY ITEM INCLUDE THE NAME OF THE TRANSFEREE, THEIR RELATIONSHIP TO DECEDENT AND DATE OF DEATH % OF DECD'S EXCLUSION TAXABLE NUMBER THE DATE OF TRANSFER. ATTACH ACOPV OF THE DEED FOR REAl ESTATE VALUE OF ASSET INTEREST (IF APPliCABLE) VALUE 1. Prudential Financial annuity #E0037166 73,354.48 100. 73,354.48 2. Prudential Financial annuity #E0130130 275,707.29 100. 275,707.29 3. Prudential Financial annuity #E0274750 165,589.52 100. 165,589.52 4. Jefferson Pilot annuity #A004412953 1,814.72 100. 1,814.72 5. Chase Insurance Life & Annuity Co. annuity #FK7001192 3,617.40 100. 3,617.40 6. Chase Insurance Life & Annuity Co. annuity #FK7001188 10,921.78 100. 10,921.78 7. American Eagle Equity Investment Life Insurance Co. 195,012.94 100. 195,012.94 annuity #291272 TOTAL (Also enter on line 7 Recapitulation) $ 726018.13 (If more space is needed, insert additional sheets of the same size) REV-.1S11 EX+ (12-99) .. COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS FILE NUMBER ESTATE OF Ritchev Franklin. 0 ITEM NUMBER A. B. 1. 2. 3. 4. 1 6. 1 2 3 4 5 6 7 8 9 10 11 12 21 0271 05 Debts 01 decedent must be reported on Schedule I. DESCRIPTION AMOUNT FUNERAL EXPENSES: Myer Haffner Funeral Home Inc. 7,974.00 ADMINISTRATIVE COSTS: Personal Representative's Commissions Name 01 Personal Representative (s) Taylor K. Ritchey Social Security Number(s)/EIN Number of Personal Representative(s) Street Address 1904 North GeorQe Street 30.595.49 City York Year(s) Commission Paid: 2005 State P A Zip 17404 Attomey Fees John J.Moran II Family Exemption: (II deoedenfs address is not the same as c1aimanfs, attach explanation) Claimant 31,345.49 Street Address City State Zip Relationship 01 Claimant to Decedent Probate Fees Aooountanfs Fees Spangler & Associates 350.00 Tax Retum Preparers Fees Miscellaneous utilities and maintenance of property John J. Moran II - legal advertising The Sentinel -legal advertising Janet Miller, Tax Collector - tax certification M & T Bank - Bank service charge Taylor Miller Organ Co. - reimburse postage Taylor Miller - reimburse executor travel Taylor Miller - reimburse postage Taylor Miller - reimburse executor travel Register of Wills - short certificates Taylor Miller Organ Co. - reimburse probate fees Myers Harner Funeral Home - death certificates 4,618.22 75.00 151.55 5.00 30.46 22.20 364.31 164.50 235.95 28.00 280.00 45.00 TOTAL (Also enter on line 9, Recapitulation) $ (II more space is needed, insert additional sheets 01 the same size) 76285.17 I- REV-"1512 @( + (6-98) '* SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Ritchev Franklin 0 FILE NUMBER 21 05 0271 Include unreimbursed medical expenses. ITEM NUMBER DESCRIPTION 1. Checks outstanding at date of death VALUE AT DATE OF DEATH 2437.09 3 Neurology Center PC - outstanding bill 5.03 4 Internists of Central PA - outstanding bill 182.36 5 Bankcard Services - outstanding bill 244.98 6 AT & T - outstanding bill 55.49 7 Healthsouth Rehab of Mechanicsburg -outstanding bill 15.57 8 Keystone Urology - outstanding bill 6.49 10 Quantum Imaging - outstanding bill 70.27 11 Susquehanna Surgeons - outstanding bill 8.61 12 A T & T - outstanding bill 18.13 13 Internal Revenue Service - 2004 income tax due 617.22 TOTAL (Also enter on line 10, Recapitulation) $ (If more space Is needed, insert additional sheets of the same size) 3 661.24 i R~V_1.513EX:(* COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF SCHEDULE J BENEFICIARIES Ritchev Franklin D RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE I. TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under See, 9116 (a)(1 .2)] 1. Taylor K. Miler Collateral 416,453.69 1904 North George Street York PA 17403 2. Thomas Ritchey Sibling 137,655.30 R.D. #1 Box 250 Hollidaysburg, PA 16648 3. Theodore Ritchey Sibling 137,655.30 RD. #2 Box 335 Portage, PA 15946 4. Betty Claar Sibling 137,655.30 RD. #2 Box 331 Portage, PA 15946 5. Carmen Ritchey Collateral 4,078.50 RD. #2 Box 333 Portage, PA 15946 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18, AS APPROPRIATE, ON REV-1500 COVER SHEET II. NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE 1. B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS 1. TOTAL OF PART II - ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET $ .. FILE NUMBER 21 05 0271 (If more space IS needed, insert additional sheets of the same size)