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Home My WebLink About11-21-05 (2) ~~ * w ... :o:~:! l;llL8 :z:i... UlLlD ~ OFFICIAL USE ONLY COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE DEPT. 280601 HARRISBURG, PA 17128-0601 REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT RLE NUMBER II 05 I- Z W Q W o W Q DECEDENTS NAME (LAST, FIRST, AND MIDDLE INITIAL) Powers, John Patrick DATE OF DEATH (MM-DO-YEAR) DATE OF BIRTH (MM-OD-YEAR) COUNTY CODE YEAR SOCIAL SECURITY NUMBER 186-12-3254 0749 NUMBER THIS RETURN MUST BE RLED IN DUPLICATE WITH THE REGISTER OF WILLS SOCIAL SECURITY NUMBER [!] 1. Original Return D 4. Limited Estate [!] 6. Decedent Died Testate (Attach copy of Will) D 9. Litigation Proceeds Received D 2. Supplemental Return D D D 4a. Future Interest Compromise (dele of death after 12-12-82) 7. Decedent Maintained a Living Trust (Attach copy of Trust) 10 Spousal Pover:tY- Credit (dele of deeth between . 12-31-91 anc:l1-1-95) D 3. Remainder Return (date of death prior to 12-13-82) D 5. Federal Estate Tax Return Required 8. Total Number of Safe Deposit Boxes D 11. Election to tax under Sec. 9113(A) (Attach Sell 0) ... z W Q Z o lL ." W It: It: 8 NAME Michael L. Bangs FIRM NAME (If applicable) TELEPHONE NUMBER 717/730-7310 08-06-2005 12-29-1922 COMPLETE MAILING ADDRESS 429 South 18th Street Camp Hill, PA 17011 (1) (2) (3) (4) (5) (6) (7) None OFFICIAL USE ONL Y 282,983.84 r~ c::::> ~ c::::> ..0 c.n ~o None x '-:0 0 00 :0-0 .- ::0 None . n::cO < ':!:3 CJ .t!.~>M N ccitS :Z;:O .J.,J 82,937.04 U)7' (.~JO 00 -0 "" -n -n None ",011 :x B .....)c.= 2,898.15 -::0 'i? ,.!Ii . :..-t cnO --u 0 -n ::r> (8) 368,819.03 (9) (10) 8,700.26 49.17 (IF APPLICABLE) SURV1VING SPOUSE'S NAME ( lAST, FIRST AND MIDDLE INITIAL) z o j: :s ::::I l- ii: ~ w a:: 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) D Separate Billing Requested 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) (12) 13. Charitable and Govemmental Bequests/Sec 9113 Trusts for which an election to tax has not been made (Schedule J) 14. Net Value Subject to Tax (Line 12 minus Line 13) 20.0 (13) (14) SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES Copyright 2002 form software only The Lackner Group, Inc. 11. Total Deductions (total Lines 9 & 10) 12. Net Value of Estate (Line 8 minus Line 11) 15.Amount of Line 14 taxable at the spousal tax rate, 0.00 x .00 (15) z or transfers under Sec. 9116(a)(1.2) 0 (16) j: 16. Amount of Line 14 taxable at lineal rate 360,069.60 x .045 ~ ::::I a. 17. Amount of Line 14 taxable at sibling rate 0.00 x .12 (17) :Ii 0 0 18. Amount of Line 14 taxable at collateral rate 0.00 .15 (18) )( x ~ 19. Tax Due (19) CHEr~r< f--<E t~f Ir "-),1 f\.....r Rf \)~)t ',' I,,'. ,rilt ....~T 8,749.43 360,069.60 0.00 360,069.60 0.00 16,203.13 0.00 0.00 16,203.13 Fonn REV-1500 EX (Rev. 6-00: ~ Decedent's Complete Address: STREET ADDRESS 1820 Signal Hill Drive CITY Mechanicsburg ISTATE PA IZIP 17050 Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit 8. Prior Payments C. Discount (1 ) 16,203.13 15,386.46 809.81 Total Credits (A + 8 + C) (2) 16,196.27 3. InterestlPenalty if applicable D. Interest E. Penalty TotallnterestlPenalty (0 + E) 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is thEOVERPA YMENT. Check box on Page 1 line 20 to request a refund 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is theTAX DUE A. Enter the interest on the tax due. 8. Enter the total of Line 5 + 5A. This is theBALANCE DUE (3) (4) (5) 6.86 (5A) (58) 6.86 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;............................................................................. D D b. retain the right to designate who shall use the property transferred or its income;................................ D D c. retain a reversionary interest; or.............................._........................................................................... D D d. receive the promise for life of either payments, benefits or care?........................................................... D D 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration?............................ ............................................................................ ......... D D 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death?~........ D D 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation?............................ ...........................................................................,....... D D 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 dedare thai I have examined this ralum, lncIucIing acc:omp8llying achedulu and al8Iemanla, and to tha beat of my knowledge IincI belief, R is true, corrac:t and complale. Declaration of preparar other than tha peraonaI raprasentative is baaed on all infonnalion of which preparar has any knowtadge. ( SIGNATURE OF PERSON RESPONSIBLE FOR FILING RETURN ADDRESS DATE J It nne M. B~~ -4.. d'1,..,. 1820 Signal Hill Drive 1'"" 1<1 ~7 \J -"Y I ""Ie.). V'v-....- Mechanicsburg, PA 17050 \ \ OIU / " "''"'''' OF '''''''''' """ON'." '0 '" G '''''ON ....... ~'7\t to) ADDRESS DATE 429 South 18th Street Camp Hill, PA 17011 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 P.S. ~9116 (a) (1.1) (i)]. For dates of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0% [72 P.S. ~9116 (a) (1.1) (Ii)]. The statutedoes not exemDt 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 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. ~9116 (a> (1.2)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4.5%, except as noted in 72 P.S. ~9116 1.2) [72 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 defined under Section 9102, as an individual who has at least one parent in common with the decedent, whether by 1;>1000 or adoption. Rev-1503 EX+ 16-18) *' SCHEDULE B STOCKS & BONDS COMMONWEAl. TH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT Powers, John Patrick FILE NUMBER 21-05-0749 ESTATE OF All property joIntly-owned with right of survivorship must be disclosed on Schedule F. ITEM CUSIP VALUE AT DATE NUMBER NUMBER DESCRIPTION UNIT VALUE OF DEATH 1 650 shares of Merrill Lynch - Enerplus Res Tr Ut 41.740 27,131.00 account 2 660 shares of Merrill Lynch - ING Prime Rate Tr 7.2 4,752.00 3 2,471 shares of Merrill Lynch - Liberty All Str Fd 9.150 22,609.65 4 300 shares of Merrill Lynch - Oracle Corp. 13.280 3,984.00 5 1,820 shares of Merrill Lynch - Pitney Bowes 44.560 81,099.20 6 461.73 shares of Merrill Lynch - Pioneer High Yield 11.370 5,249.87 7 365.569 shares of Merrill Lynch - American New Fd 27.940 10,214.00 8 599 shares of Merrill Lynch - Emerald Banking 28.960 17,347.04 9 583.445 shares of Merrill Lynch - American Capital Fd 34.960 20,397.24 10 376.334 shares of Merrill Lynch - American Capital 53.350 20,077.42 Income Fd 11 643.95 shares of Merrill Lynch - American Investment 31.350 20,187.83 Fd 12 1,106.511 shares of Merrill Lynch - American Balanced 18.030 19,950.39 Fd 13 366.776 shares of Merrill Lynch - Seligman 26.150 9,591.19 Communications Fd Total of Continuation Schedule(s) See attached page TOTAL (Also enter on Line 2, Recapitulation) 282,983.84 (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form P~-1500 ScheduleS (Rev. 6-98) Rev-1503 EX+ (6-911) . SCHEDULE B STOCKS & BONDS continued COMMONWEAI.11i OF PENNSYLVANIA IMiERITANCE TAX REl\JRN RESIDENT DECEDENT Powers, John Patrick FILE NWMBER 21-05-0749 ESTATE OF ITEM CUSIP VALUE AT DATE NUMBER NUMBER DESCRIPTION UNIT VALUE OF DEATH 14 598.853 shares of Merrill Lynch - Davis NY Venture FD 31.970 19,145.33 15 28 shares of Pitney Bowes Common Stock 44.56 1,247.68 TOTAL (Also enter on Line 2, Recapitulation) 282,983.84 Copyright (c) 2002 form software only The Lackner Group, Inc. Form P~.1500 Schedule B (Rev. 6-98) ~ Merrill Lynch Private Client Grouo 96 South Geor2e Street Ydtk. Penrt!lvlvariia 17401 717-843-0011 866-780-6193 Matthew's Toll Free 866-780-6194 Fred's Toll Free FAX 717-771-0026 The Levv-Odell Group Matthew J. Levv. CFM Vice President Senior Financial Advisor J. Fred Odell Vice President Senior Financial Advisor Heather D. Gross Re2istered Client Associate August 30, 2005 Bangs Law Office c/o Michael L. Bangs 429 South 18th Street Camp Hill, PA 17011 RE: John P. Powers Date of Death Evaluation Dear Michael, Please find enclosed the date of death evaluation as per your request. The account was opened on July 5, 2005 and opened in joint ownership. It has remained that way, with John P. Powers and Joanne M. Bova Joint with Rights of Survivorship. Thank you in advance for your patience with this request. If you have any questions or concerns please feel free to give me a call. Sincerely, ~fG08S- Registered Client Associate for The Levy-Odell Group Enclosure Cc: Mrs. Joanne M. Bova Quantitv 650.000 660.000 2,471.000 300.000 1820.000 461.730 365.569 599.000 583.445 376.334 643.950 1106.511 366.776 598.853 74287.010 Estate of John P. Powers Date of Death: August 6,2005 DescriDtion Enerplus Res Tr Ut .ING Prime Rate Tr Liberty All Str Fd Oracle Corp Pitney Bowes Pioneer High Yield American New Fd Emerald Banking American Capital Fd American Capital Income Fd American Investment Fd American Balanced Fd Seligman Communications Fd Davis NY Venture Fd Merrill Lynch Deposit Program We are providing the above information as you requested. The information is provided as a service to you and is obtained from data we believe is accurate. However, Merrill Lynch considers your monthly statements to be the official documentation of all transactions. Price $41.740 $7.200 $9.150 $13.280 $44.560 $11.370 $27.940 $28.960 $34.960 $53.350 $31.350 $18.030 $26.150 $31.970 1.000 PrinciDal $27,131.00 $4,752.00 $22,609.65 $3,984.00 $81,099.20 $5,249.87 $10,214.00 $17,347.04 $20,397.24 $20,077.42 $20,187.83 $19,950.39 $9,591.19 $19,145.33 $74,287.01 $356,023.17 Rev-1508 EX+ (1-88) *' SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY COMMONWEAlTH OF PENNSYlVAN.... INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Powers, John Patrick FILE NUMBER 21-05-0749 Include the proceeds of litigation and the date the proceeds were receivad by the estata. All property jolnUy-ownecl with the rlght of eurvlvorahlp muat be dlecloead on schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1 Citizens Bank - Account 610469-729-5 5.573.51 2 Merrill Lynch Deposit Program 74.287.01 3 Pitney Bowes Dividend 8.68 4 Refund from ROBC 2.961.60 5 Wachovla Bank - Cash in Account 106.24 TOTAL (Also enter on Line 5, Recapitulation) 82.937.04 (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule E (Rev. 6-98) ~,~ Citizens Bank1M 525 William Penn Place Suite 153-2510 Pittsburgh, PA 15219 November 1, 2005 BANGS LAW OFFICE 429 SOUTH 18TH STREET CAMP HllL PA 17011 Estate of JOHN P POWERS Date of Death: Aug 06, 2005 SSN: 186-12-3254 Dear Sir/Madam: In accordance with your request, the attached information sheet has been provided in the aijove decedent's name as of his/her date of death. For IL or LC accounts, contact our Loan Department at 1-800-708-6680. For all other inquiries, please call 412-867-2205 ~~ Daniel Peters Operations Services a Citizens Bank~ Account Number 6104697295 Account Title JOHN P POWERS Date Opened 7/18/1973 Account Type Checking Principal Balance as of DOD $5573.51 Interest from Last Posting to DOD $.00 Account Balance as of DOD $5573.51 YTD Interest to DOD $.00 . ~ llerrill Lynch Private Client Group 96 South George Street York. Pennsylvania 17401 717-843-0011 866-780-6193 Matthew's Toll Free 866-780-6194 Fred's Toll Free FAX 717-771-0026 The Levv-Odell Group Matthew J. Levv. CFM Vice President Senior Financial Advisor J. Fred Odell Vice President Senior Financial Advisor Heather D. Gross Registered Client Associate August 30, 2005 Bangs Law Office c/o Michael L. Bangs 429 South 18th Street Camp Hill, PA 17011 RE: John P. Powers Date of Death Evaluation Dear Michael, Please find enclosed the date of death evaluation as per your request. The account was opened on July 5, 2005 and opened in joint ownership. It has remained that way, with John P. Powers and Joanne M. Bova Joint with Rights of Survivorship. Thank you in advance for your patience with this request. If you have any questions or concerns please feel free to give me a call. Sincerely, ~fG~ Registered Client Associate for The Levy-Odell Group Enclosure Cc: Mrs. Joanne M. Bova Estate of John P. Powers Date of Death: August 6.2005 Quantity DescriDtlon 650.000 Enerplus Res Tr Ut 660.0001NG Prime Rate Tr 2,471.000 Liberty All Str Fd 300.000 Oracle Corp 1820.000 Pitney Bowes 461.730 Pioneer High Yield 365.569 American New Fd 599.000 Emerald Banking 583.445 American Capital Fd 376.334 American Capital Income Fd 643.950 American Investment Fd 1106.511 American Balanced Fd 366.776 Seligman Communications Fd 598.853 Davis NY Venture Fd 74287.010 Merrill Lynch Deposit Program We are prOViding the above information as you requested. The information is provided as a service to you and is obtained from data we believe is accurate. However, Merrill Lynch considers your monthly statements to be the official documentation of all transactions. Price $41.740 $7.200 $9.150 $13.280 $44.560 $11.370 $27.940 $28.960 $34.960 $53.350 $31.350 $18.030 $26.150 $31.970 1.000 PrinclDal $27,131.00 $4,752.00 $22,609.65 $3,984.00 $81,099.20 $5,249.87 $10,214.00 $17,347.04 $20,397.24 $20,077.42 $20,187.83 $19,950.39 $9,591.19 $19,145.33 $74,287.01 $356,023.17 . Rev-1510 EX+ (8-18) . SCHEDULE G INTER-VIVOS TRANSFERS & MISC. NON-PROBATE PROPERTY COIolMClN\I\EALlH OF PENNSYlVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Powers, John Patrick FILE NUMBER 21-05-0749 This schedule must be completed end filed W the answer to any of questions 1 through 4 on the raversa side of the REV-1500 COVER SHEET is yes. ITEM "....... ..... T DATE OF DEATH % OF DECO'S EXGLUSION TAXABLE NUMBER INCLUDE NAME OF TRANSFEREE, THEIR RELATIONSHIP TO DECEDENT AND VALUE OF ASSET INTEREST (IF APPLICABLE) VALUE THE DATE OF TRANSFER ATTACH A COPY OF THE DEED FOR REAL ESTATE. 1 IRA - Davis New York Ventue Class A 2.648.91 2.648.91 2 Janney Montgomery Scott, LLC - IRA Cash 249.24 249.24 Account #6728-2933 TOTAL (Also enter on Line 7, Recapitulation) 2.898.15 (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group. Inc. Form PA..1500 ScheduleG (Rev. 6-98) , ~ '" . ~ ,. '1-" ,t " anne'l ^ '" Smcl' 1832 . ,). Janney Montgomery Scott LLC September 12, 2005 Mr. Michael L. Bangs Bangs Law Office 429 South 18th Street Camp Hill, PA 17011 RE: John P. Powen (IRA) Account # 6728-2933 Dear Mr. Bangs, As you requested, here is the date of death value for Mr. Power's account held at Janney Montgomery Scott LLC priced as of August 6, 2005. 82.856 Davis New York Ventue Class- A 31.97 Value $2648.91 Ouantitv DescriDtion l!:S Cash + ;49.24 Total $2898.15 If you need any additional information, please call our office. ~~.Jh~ Christina M. Thompson Assistant to Harry C. Hannigan /cmt This infonnation is not the official record of your account and is subject to changes, errors and omissiOJlS and cannot by guaranteed as to its 8CCUl'lICY or completeDess. Your priIted confirmations and periodic account stat.emt.nts constitute yoW" official account record. 1bis information is not 8 substitute foc otbc:r important information that >>as sends to you. The above may not be used for tax reporting pmposes. JMS win provide ofticia11Bx documentatiQll regauding yoW" accOWlt to you by mail. 1801 Market Street, Philadelphia, PA 19103-1675 . 215.665.6000 Member New York Stork Exchange, Inc. and other principal exc:hanges Member Securities Investor Protection Corporation REV-1151 EX+ (12-"1 *' SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS COMMONWEAlTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Powers, John Patrick Debts of decedent must be reported on Schedule I. FILE NUMBER 21-05-0749 ITEM DESCRIPTION AMOUNT NUMBER A. FUNERAL EXPENSES: See continuation schedule(s) attached 4,005.71 B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Social Security Number(s) I EIN Number of Personal Representative(s): Street Address City State Zip - Year(s) Commission paid 2. Attorney's Fees Michael L. Bangs 3,500.00 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 418.00 5. Accountant's Fees 500.00 6. Tax Return Preparer's Fees 7. Other Administrative Costs 276.55 TOTAL (Also enter on line 9, Recapitulation) 8,700.26 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA.1500 Schedule H (Rev. 6-98) RlIY-1502 EX+ (8-lI8) . SCHEDULE H.A FUNERAL EXPENSES continued COMMONWEAl. TH OF PENNSYlVANIA INiERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Powers, John Patrick FILE NUMBER 21-05-0749 ITEM NUMBER DESCRIPTION AMOUNT 1 Kirk & Nice, Inc. 2.815.20 2 Spring House Tavern - Funeral Luncheon 788.70 3 St. Katharine Drexel - Memorial Mass/Reception 401.81 Subtotal 4.005.71 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 ScheduleH-A (Rev. 6-98) . Rev-1502 EX+ (8-88) . SCHEDULE H-B5 ACCOUNTANT'S FEES continued COMMONWEALTH OF PENNSYlVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Powers, John Patrick FILE NUMBER 21-05-0749 ITEM NUMBER DESCRIPTION AMOUNT 1 Boyer & Ritter 500.00 Subtotal 500.00 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-15bO Schedule H-B5 (Rev. 6-98) . . Rey-1502 EX. (8-98) *' SCHEDULE H-B7 OTHER ADMINISTRATIVE COSTS continued COMMON'IVEAL 1M OF PENNSYlVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Powers, John Patrick FILE NUMBER 21-0$-0749 ITEM NUMBER DESCRIPTION AMOUNT 1 Computershare - Fee for lost stock certificate (Pitney Bowes) 86.30 2 Cumberland Law Journal 75.00 3 The Sentinel 115.25 Subtotal 276.55 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1Spo Schedule H-B7 (Rev. 6-98) .. . Rev.1512 EX+ (1-18) *' SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS COMMONWEAlTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Powers, John Patrick FILE NUMBER 21-05-0749 Include unrelmbursed medlc.1 expens.. ITEM NUMBER DESCRIPTION 1 Alert Pharmacy Services, Inc. VALUE AT DATE OF DEATH 37.87 2 MSHMC Physicians Group 11.30 TOTAL (Also enter on Line 10, Recapitulation) 49.17 (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA~1500 Schedule I (Rev. 6-98) . . REV-1513 EX+ (9.001 ESTATE OF NUMBER I. 1 2 3 4 *' SCHEDULE .. BENEFICIARIES COMMONWEAlTH OF PENNSYlVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT Powers, John Patrick NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY TAXABLE DISTRIBUTIONS [include outright spousal Clistributions and transfers under Sec. 9116(a)(1.2)] FILE NUMBER 21-05-0749 SHARE OF ESTATE AMOUNT OF ESTATE (Words) ($$$) RELATIONSHIP TO DECEDENT Do Not LIst TAlstHIs' Joanne M. Bova 1820 Signal Hill Drive Mechanicsburg, PA 17050 Kristine L. Bova 1820 Signal Hill Drive Mechanicsburg, PA 17050 Matthew C. Bova 1820 Signal Hili Drive Mechanicsburg, PA 17050 Michael J. Bova 1820 Signal Hill Drive Mechanicsburg, PA 17050 Daughter Rest, residue and remainder Granddaughter 10,000.00 Grandson 10,000.00 Grandson 10,000.00 Total 30,000.00 Enter dollar amounts for distributions shown above on lines 5 through 18, as appropnate, 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 B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART 11- ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-15oo COVER SHeET 0.00 Copyright (c) 2002 fonn software only The Lackner Group, Inc. Fonn PA-1500 ScheduleJ (Rev. 6-98) r · , . LAST WILL AIm TES'l'AMBlft' OF JOB PATRICK POWERS A/K/A JOB P. POWERS A/K/A JOB BDIfARD POWERS I, JOHN PATRICK POWBRS A/RI A JOB P. POWERS A/RI A JOBH EDWARD PONBRS, of 50 Weiss Avenue, Flourtown, pennsylvanfa 19031, ..... being of sound mind, memory and understanding, do hereblt' make, publish and declare this as and for my Last Will and Te~tament, hereby revoking and making null and void any and all Wills and Testaments or Writings in the nature thereof by me at any time heretofore made. FIRST: I order and direct that all my just debts, expenses of my last illness and funeral expenses be paid out of my Estate, as soon after my death as may be convenient. SECORD: I direct the payment of the cost of the perpetual care and maintenance of the burial plot in which I shall be buried should arrangements for the same not have been concluded and paid for at the time of my death. THIRD: All my personal effects, clothing, ~urniture, shings, jewelry, automobile(s), other tangible prpperty of every kind, and all policies of insurance thereon, I give in ,. ,. Il accordance with a memorandum which accompanies my wi~l. This provision authorizing reference to such a separate memorandum does not necessarily mean that such a memorandum has been made by me or that such a memorandum will be in existence at the tillne of my death. If any such memorandum fails to dispose of all personal ""'" property or if a memorandum is not in existence at my death, any items not so disposed of by memorandum shall be sold by my Executrix and the proceeds added to my residuary estate. POUR'rII : I give and bequeath the sum of Ten Thousand ($10,000.00) Dollars to each of my following named Grandchildren: KRISTINE L. BOVA; MICHAEL J. BOVA; and MATTHEW C. BOVA. PIP'l'H: All the rest, residue and remainder of my Estate, real and personal, of whatsoever nature and wheresoever s~tuate, I and bequeath to my Daughter, JOANNE M. !JOVA, per stirpes. SIX'.rII: I direct that all property and shares of my Estate given to any person under Twenty-two (22) years of age shall be held IN TRUST for such person by my Trustee hereinafter named. income and principal of any such Trust shall be distributed at time and in such amounts as my Trustee, in her sole discretion, shall consider advisable, after considering all sources of income available to such person, solely for the eduoation of such person. Education expenditures may include, in ad4ition to 2 " . J .. normal education expenditures, board and tuition in a preparatory school, vocational school, college or professional or' graduate school. My Trustee is under no obligation to make equal distribution among such persons. As each such person shall successively attain Twenty-two (22) years of age, each Shall be entitled to withdraw his/her share of both principal and accumulated income. SBVBlft'II : I order and direct that all legacies 4nd all shares or interest in my Estate, whether principal or inc<;>me, while in the hands of my Executrix, shall not be subject to at~achment, execution or sequestration for any debts, contract, obligation or liability of any legatee or beneficiary, and shall not be subject to pledge, assignment, conveyance or anticipation; and the personal receipt by such legatee or beneficiary shall be the sufficient and only discharge of my Executrix. EIGII'.rII: In the absolute discretion of my Executrix, all inheritance and succession taxes on property pas,ing under in any other manner, may be paid immediately or postponed in payment with respect to future or remainder interests until the time possession thereof accrues to the beneficiary. All such taxes shall be paid out of the principal of my residuary estate just as if they were my debts, and rtone of these taxes shall be charged against any beneficiary. 3 ,. . . . RIftH: In addition to the rights, powers and p~ivileges granted by law, my Executrix and Trustee shall have the 'following ..... powers: 1) To retain any or all of the assets of my Estate, real or personal, without regard to any principle of diversification, risk or productivity; 2) To retain and to invest in all fOrIllis of real estate and personal property, regardless of any limitations imposed by law on investments by executors; 3) To sell at public or private sale, to exchange or to lease, for any period of time, any real or personal property and to give options for sales, exchanges of lea$es, for such prices and upon such terms or conditions as they deem proper; 4) To compromise any claim or controvezjsy and to abandon property which in the opinion of my Executrix is orf little value. ~JSII"J."I1 : I appoint my Daughter, JOANNE M. BOVA, Trustee of st created by this my Last Will. BLBVElft'II : I nominate, constitute and appoint my Daughter, JOANNE M. BOVA, as sole Executrix of this my Last Will and Testament. TWBIiP'rH : I direct that my Executrix and Trustee shall not be required to give bond or other security in this or any 4 " , .. . jurisdiction in which they may be called upon to act. '.rIIIRDBR'1'II: Words used in the singular may be read to include I the plural or the plural may be read as the singular. S~ilarly, the masculine form may be read to include the feminine a~ neuter; the feminine may be read to include the masculine and ne~ter; and the neuter may be read to include the masculine and feminine. t:d IB WI~_, I ~ day of W Ninety-Eight (1998). hereunto set my hand and ~eal this , One Thousand, Nine Huindred and SIGHED, SBALBD, PUBLISHED and DBCLARED by the above-named Testator, JOHN PATRICK POWERS, as and for his Last Will ~nd ? Testament, in our presence, at his request, in his presencie, and in i the presence of each other, have at the same time subscribed our I , names hereto as witnesses. "ZZO't Jt"". ~~ ~ /2 /qolTf ! ~ i OJr?tp>l-ttv ~)~ ~ lfITNESS 5 <5<' ..:l.. d Cf ~SY - C~n-eL '<<'~~?L'("<J.- dd:__,c;~, J (;:-7'/9- (9 C' 3J'l /' / 5