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HomeMy WebLinkAbout10-17-05 RE~. '.500 EX"+ (r~-'tfO) '* 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 1 -05 7 7 2 COUNTYCci5E --YEA~ - - NUMsER- - I- Z W C W U w C DECEDENT'S NAME (LAST, FIRST, AND MIDDLE INITIAL) Pa ton, John D. DATE OF DEATH (MM-DD-Year) SOCIAL SECURIT'Y NUMBER DATE OF BIRTH (MM-DD-Year) 2 1 5 - 3 4 - 4 7 6 THIS RETURN MUST BE FILED IN O~PLlCATE WITH THE REGISTER OF WILLS 08/15/2005 04/07/1938 (IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST. FIRST, AND MIDDLE INITIAL) SOCIAL SECURITY NUMBER W I- ~ ~en u o::~ wl1.u :I: 00 " O::..J ..., l1. al l1. <( [Xl 1. Original Return o 4. Lirnited Estate [Xl 6. Decedent Died Testate (AllachcopyolWiIl) o 9. Litigation Proceeds Received D 2. Supplernental Return o 4a. Future Interest Compromise (date 01 death after 12-12-82) o 7. Decedent Maintained a Living Trust (AllachcopyofTrusl) o 10. Spousal Poverty Credit (dale 01 death between 12-31-91 and 1-1-95) D 3. Remainder Return (daul 01 death pliorto 12-13-82) o 5. Federal Estate Tax Ret~rn Required 8. Total Number of Safe Dbposit Boxes -- I o 11. Election to tax under ~ec. 9113(A) (Attach S<:h 0) THIS SECTION MUST BEiCOMPLETED.ALLCORRESPONDENCEANDCONFIDENTIALTAXINFORMATIONSHOULD' BEDI ECTED TO: NAME COMPLETE MAILING ADDRESS David R. Getz Es uire 508 North Second Street FIRM NAME (If Applicable) WIX, WENGER & WEIDNER P.O. Box 845 TELEPHONE NUMBER 717 234-4182 Harrisbur PA 17108-0845 I- Z W Cl Z o l1. en w 0:: 0:: o U (1) (2) (3) (4) (5) z o ~ ...J ~ !:: a. c:( U w 0::: z o ~ c:( I- ;:) a. ~ o u ~ I- 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) H,i c, I 22,184.14 (6) (7) (8) 22,184.14 (9) 6,045.00 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) (10) 11. Total Deductions (total Lines 9 & 10) 12. Net Value of Estate (Line 8 minus Line 11) 13. Charitable and Governmental Bequests/See 9113 Trusts for which an election to tax has not been made (Schedule J) (11) (12) (13) 6,045.00 16,139.14 14. Net Value Subject to Tax (Line 12 minus Line 13) SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES (14) 16,139.14 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 16,139.14 X ~(15) 0.00 0.00 X _(16) 0.00 0.00 X .12 (17) 0.00 0.00 X .15 (18) 0.00 (19) 0.00 20. 0 CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT >> . BE SURE TO ANSWER ALL QUESTIONS ON REVERSE SIDE AND RECHECK MATH < < .. II De~edent's Com lete Address: STREET ADDRESS 906 Bonn Lane CITY Mechanicsburg STATE PA ZIP 17055 Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount (1) 0.00 Total Credits (A + B +C) (2) 0.00 3. InteresUPenalty if applicable D. Interest E. Penalty TotallnteresUPenalty ( 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) 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) A. Enter the interest on the tax due. (5A) B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (5B) Make Check to: REGISTER OF WILLS, AGENT 0.00 0.00 0.00 0.00 PLEASE ANSWER THE FOllOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes Nd a. retain the use or income of the property transferred; ........................................................................... 0 ~ b. retain the right to designate who shall use the property transferred or its income; ........................................ 0 ~x 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 property within one year of death 3. ~:~h~~~:~~~~~;:~~~~:~;u~~~::~~~a~~;:~;~. ~;~~ .~~~~~ .~~~.~. ~~~~~~;. ~.; ~~~~.r;;~. ~~ ~;~.~; .~~; ~~~;~~.::::::::::::::::: B ~ 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 l1HE RETURN. ADDRESS For dates of death on or after July 1, 1994 and before January 1, 1995, the tax rate imposed on the net vall "0 ,-- 'h" "~F! of the surviving spouse is 3% [72P.S.~9116(a)(1.1)(i)]. I : \0 U'- loo .0D For dates of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to or for t 'P \ R The statute does not exempt a transfer to a surviving spouse from tax, and the statutory requirements for I C 010. OD the surviving spouse is the only beneficiary. ? A P '~. For dates of death on or after July 1, 2000: If\. ~ ~ c~ The tax rate imposed on the net value of transfers from a deceased child twenty-one years of age or you t"\ -r D r::- or a stepparent of the child is 0% [72 P.S. ~9116(a)(1.2)]. :.:::> . C')\) The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiarie~._ .::::r k.t...\ST 1.2) [12 P.S. ~9116(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. ~9116(a)(1.3)]. A sibling IS oelll''''', _.Ider Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. i. ~9116 (a) (1.1) (ii)l. 3 still applicable even if lrent, an adoptive parent, Rey-1508 EX: ". COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY ESTATE OF Pavton. John D. FILE NUMBER 21 05 Include the proceeds of Ittigation and the date the proceeds were received by the estate. All property jointly-owned with right of survivorship must be disclosed on Schedule F. 772 ITEM NUMBER 1. DESCRIPTION Net payroll/accrued sick pay rec'd from PA Department of Labor & Industry VALUE AT DATE OF DEATH 22,184.14 TOTAL (Also enter on line 5, Recapitulation) $ (If more space is needed. insert addttional sheets of the same size) 22,184.14 REV:1511 EX",: (12-99) . COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Pavton. John D. " SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS FILE NUMBER 21 05 772 Debts of decedent must be reported on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1. Conklin Funeral Home 5,358.00 B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Name of Personal Representative (s) Social Security Number(s)/EIN Number of Personal Representative(s) Street Address City State Zip Year(s) Commission Paid: 2. Attorney Fees Wix, Wenger & Weidner (estimated) 600.00 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant Street Address City State Zip Relationship of Claimant to Decedent 4. Probate Fees Cumberland County Register of Wills 87.00 5. Accountant's Fees 6. Tax Return Preparer's Fees 7. , I , , I . TOTAL (Also enter on line 9, Recapitulation) $ I I 6,045.00 (If more space is needed, Insert additional sheets of the same size) ,,,,.,,,,,, ". COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT EST ATE OF P~vton John D. NUMBER I. SCHEDULE J BENEFICIARIES NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 9116 (a) (1.2)] 1. Nancy J. Payton 906 Bonny Lane Mechanicsburg, PA 17055 FILE NUMBER 21 011 RELATIONSHIP TO DECEDENT Do Not List Trustee(s) Spousal 772 AMOUNT OR SHARE OF ESTATE 16,139.14 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18, AS APPROPRIATE, ON REV-150~ COVER SHEET II. NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE 1. B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS 1. TOTAL OF PART II - ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET $ (If more space is needed, insert additional sheets of the same size) CODICIL TO THE LAST WILL AND TESTAMENT OF JOHN D. PAYTON I, John D. Payton, of Mechanicsburg, Cumberland County, Pennsylvania, being df sound and disposing mind and memory, do make, publish and declare this Codicil to my Last Will and Testament dated November 27,2000 (hereinafter my "Will"). ARTICLE III of my Will is hereby amended and restated in its entirety as follows: ARTICLE III REST, RESIDUE AND REMAINDER I give, devise and bequeath all the rest, residue, and remainder of my Estate, of whatsoever nature and wheresoever situate unto my wife, NANCY J. PAYTON. Should my wife, NANCY J. PAYTON, predecease me, I give, devise and bGqueath all the rest, residue and remainder of my estate as follows: A. FIVE (5%) PERCENT thereof unto my daughter, CAROL D. NEUMANN, of Jacksonville, Florida, or her then-living issue per stirpes should she predecease me. In the event she predeceases me and is survived by no issue, I direct that her share shall be distributed equally among the beneficiaries described in ParagraphG; B. FIFTEEN (15%) PERCENT to my wife's cousin, ELIZABETH WYLIE RADAKOVICH of Colorado Springs, Colorado, or her then-living issue per stirpes should she predecease me. In the event she predeceases me and is survived by no issue, I direct that her share shall be distributed equally among the beneficiaries described in Paragraph C; and C. EIGHTY (80%) PERCENT thereof in equal shares unto the following: 1. SAMARITAN'S PURSE, Boone, North Carolina; 2. HIS MANSION MINISTRIES, Hillsboro, New Hampshire; and 3. MONAGHAN PRESBYTERIAN CHURCH, Dillsburg, Pennsylvania, for the specific use in the building fund. Page 1 of 5 It is my intention that the bequests set forth in Article III.C shall qualify for charitable deductions under the Internal Revenue Code of 1986, as the same may be amended or modified from time to time. ARTICLE VI of my Will is hereby amended and restated in its entirety as follows: I name, constitute and appoint my wife, NANCY J. PAYTON, Executrix of this my Last Will and Testament. Should my wife, NANCY J. PAYTON, fail to qualify or cease to so act, I name, constitute and appoint my friend, ROY ANDREWS of Mechanicsbu~g, Pennsylvania, alternate Executor to complete the administration of my estate. Shoulq ROY ANDREWS also fail to qualify or cease to so act, I name, constitute and appointi PNC BANK, N.A., alternate Executor to complete the administration of my estate. I direct that no fiduciary appointed herein shall be required to post bond for the faithful administration of the duties required in any jurisdiction. In all other respects, my Will shall continue and remain in full force and effect. IN WITNESS WHEREOF, I have hereunto set my hand and seal to this Codicil to my Will, consisting of four pages, this 25th day of July, 2005. ~/1 -'. .' (X' 'c#A' ; John D. Payton! Page 2 of 5 SIGNED, SEALED, PUBLISHED AND DECLARED by the above- named Testator, John D. Payton, as and for a Codicil to his Will, in the presence of us, who, at his request, in his presence, and in the presence of each other, have hereunto subscribed our names as witnesses in attestation thereof. ~r~?' ame d!1tI/~//L ~J&;#tj1~AlIPJ Name crt 0 Adi~)~7 pr~vP_ Address ;Vie cIc:. ~ l>(} f/I- !1){>5U /~q (;();h(Jm cfIhbu.r ~. Address ~O/YlP Jar fit t?Of( :311 yya/~ Address ~rY,!}; /717/ Page 3 of 5 II COMMONWEALTH OF PENNSYLVANIA SS. COUNTY OF DAUPHIN I, John D. Payton, the 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 a Codicil to my Last Will and Testament; and that I signed it willingly and as my free and voluntary act for the purpos~s therein expressed. Sworn to or affirmed and acknowledged before me by John D. Payton, this 25th day of July, 2005. ~L-- ~ n~: Payton, T stator ("'. \ ' ~\ 'L \I~ C~ ("I~\. 0 CTl.ll N Public My Commission Expires: NOTARIAL SEAL . Lisa M Sites. NotarY ~bhc City of H1Irrisburg,. Daup~ County My commission expires Apn128, 20~ Page 4 of 5 " COMMONWEALTH OF PENNSYLVANIA : SS. COUNTY OF DAUPHIN fl, W.e,n~,-\j\c\ f2 . 6-e+z- , Der\\~ \:) lA)..\~o.~t9n ,and -t/1rfq tIJA)(nt2I:aM~(J1ftv1 ,the witnesses whose names are signed to the attached or for~going nstrument, being duly qualified according to law, do depose and say that we were present and saw the Testator sign and execute the instrument as a Codicil to his Last Will; that the Testator signed willingly and executed it as his free and voluntary act for the purposes therein expressed; that each subscribing witness, in the hearing and sight of the Testator, signed the Codicil as a witness; and that to the best df our knowledge, the Testator was at that time 18 or more years of age, of sound mind arnd under no constraint or undue influence. , "Sworn to or affj~ed and subscribed to before $ by ~~.h1 . \<. b cf2-- ,\:)e'(\(l.R ~ LAJ,thn ~1iY1 ,and fYa 1//1 "Y", thIS i 25th day of July, 2005. ~ t2~1 I ... 1 ," i)~- ,.7- Witness I e::- 'l #!/L!ptdL W ess Y-kwr:r [b(~/f!tI#J Witness Q-=1- \;{) c"'-- \~-, . .._)~LLi Not Public ',--. My Commission Expires: NOTARIAL SEAL Lisa M Sites, Notary Public : City of Harrisburg, Dauphin Coun~ My commission expires Apri128, 20~9 F:\dbw\WiIIs\Payton\John D. - Codicil.doc Page 5 of 5 mant Bill aUll wrntamrut OF JOHND. PAYTON I, JOHN D. PAYTON, of Upper Allen Township, Cumberland COlmty, Pennsylvania, being of sOlmd and disposing mind, memory and understanding, do hereby make, publish and declare this as and for my Last Will and Testament, hereby revoking and making void any and all Wills or Codicils at any time heretofore made by me. ARTICLE I DEBTS I direct the payment of all my legal debts, and the expenses of my last illness and funera~ from my Estate as soon after my death as conveniently may be done. ARTICLE II TANGIBLE PERSONAL PROPERTY I give and bequeath my motor vehicle(s), household and personal effects and other tangible personalty of like nature (not including cash or securities), together with any existing insurance thereon, unto my wife, NANCY J. PAYTON, provided she survives me. ARTICLE III REST, RESIDUE AND REMAINDER I give, devise and bequeath all the rest, residue, and remainder of my Estate, of whatsoever nature and wheresoever situate unto my wife, NANCY J. PAYTON. Should my wife, NANCY J. PAYTON, predecease me, I give, devise and bequeath all the rest, residue and remainder of my estate as follows: A. FIVE (5%) PERCENT thereof unto my daughter, CAROL D. NEUMANN, Virginia Beach, Virginia, or her then-living issue per stirpes should she predecease me. Irl the event she predeceases me and is survived by no issue, I direct that her share shall be distril)uted equally among the beneficiaries described in Paragraph B; and B. NINETY FIVE (95%) PERCENT thereof in equal shares unto the following: 1. SAMARITAN'S PURSE, Boone, North Carolina; 2. IDS MANSION MINISTRIES, Hillsboro, New Hampshire; and 3. COUNTRY AND TOWN BAPTIST CHURCH, 1822 South Market Street, Mechanicsburg, Pennsylvania. ARTICLE IV UNIFORM TRANSFERS TO MINORS ACT In the event that any beneficiary of my Will shall not have reached the age of twenty-one (21) years at the time for distribution of his or her share, distribution of said share may be mane in the discretion of my Personal Representative after considering the age and needs of the benefidiary, either directly to the beneficiary or to a Custodian under the Pennsylvania Uniform Transfers to Minors Act, 20 Pa. C.S.A 95301 et seq., or the applicable Uniform Gifts to Minors Act or Uniform Transfers to Minors Act in the state of residence of such beneficiary as the case may be. My Personal Representative may designate as such Custodian any institution or person, including my Personal Representative, qualified to act as a Custodian for such beneficiary lmder such Aict in effect at the time such distribution is made. A receipt for any payment or distribution so made ishall be a full discharge therefor to my Personal Representative, who shall not be responsible to see to, or be liable for, the application of such proceeds thereafter. II ARTICLE V TAX PAYMENT CLAUSE I direct that all estate, inheritance, transfer and other taxes of similar nature payable by reason of my death, together with any interest or penalties thereon, and imposed with respect to any property, whether or not disposed by this Will, shall be paid out of the residue of my Estate. I :further direct that any and all such taxes shall be paid from and be deducted from my residuary estate prior to the calculation of the shares of the residuary beneficiaries, so that each residl.i1ary beneficiary, charitable or not, shall bear a portion ofthe burden of such taxes. ARTICLE VI APPOINTMENT OF PERSONAL REPRESENTATIVE I name, constitute and appoint my wife, NANCY J. PAYTON, Executrix of this my Last Will and Testament. Should my wife, NANCY J. PAYTON, fail to qualify or cease to so act, I name, constitute and appoint my friend, JOHN DiGIUSEPPE, Harrisburg, Pennsylvania, alternate Executor to complete the administration of my Estate. Should JOHN DiGIUSEPPE also falil to qualify or cease to so act, I name, constitute and appoint PNC BANK, N.A., alternate Executor to complete the administration of my estate. I direct that no fiduciary appointed herein shall be required to post bond for the faithful administration ofthe duties required in any jurisdiction. IN WITNESS WH~REOF, I have heretmto set my hand and seal to this, my Last Will and Testament, this 276day of tJ ~~(/ , 2000. . /~X JolIN D. PAYTON (SE~) II Signed, sealed, published and declared by the above-named Testator, as and for his Last Will and Testament, in the presence of us, who at his request, in his presence and in the presence of each other, have hereunto subscribed our names as witnesses. ~ LcJc:.? · ~ AFFIDAVIT AND ACKNOWLEDGMENT COMMONWEALTH OF PENNSYLVANIA SS COUNTY OF CUMBERLAND We, JOHN D. PAYTON, E o,"\''-H\n C" . }.. h ~~~ and ';\..A\C' \lClf"\ S ~a~~\ ct\..~ ' the Testator and the witnesses, respectively, :whose names are signed to the attached or'f6regomg instrument, being first duly sworn, do hereby ~ec1are to the lmdersigned authority that the Testator signed and executed the instrument as his La~t Will and that he had signed willingly and that he executed it as his free and voluntary act ~or the purposes therein expressed, and that each of the witnesses, in the presence and hearing! of the Testator, signed the Will as witness and that to the best of his/her knowledge the Testator! was at that time eighteen years of age or older, of soun;.w~ :0 or undue infl~ence. ~O~~. PA~~LJ ~Mt~ Witness ~~ e.. ~~ Witness U . II , Subscribed, sworn to and acknowledged before me by JOHN D. PAYTON, Testator, and subscribed and swam to before me by 't n m 1,,0 CC), U "-Sr,::-> and M\c..r-ae.1 ~. C(~'\'::""'::,,\c\l ~' witnesses, this 2.11::~dayof ~ \(>r:\~",,~)r, 2000. ~'- Cl-:n.1L L~ ~ - ~'"\..O~ Notary Public C'.,:..,: 'iI\RtAL SEAL ; ;\,'i,. "lir.LU: M. BROSS. Notary Public I Lemoyne Borough Cumberland Co. My Commission Exnirp,S ~ept. 23, 2002 .-.---". . ',". .....-...-.-- NOTARIAL SEAL MICHEllE M. BROSS. Notary Public Lemoyne Borough Cumberland Co My Commission Expires Sept. 23, 2002