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HomeMy WebLinkAbout12-05-05 (2) ,. . REV. 1500 EX + (6..o0) *' REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT FILE NUMBER 21 05 COUNTY CODE YEAR SOCIAL SECURITY NUMBER 00857 NUMBER COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE DEPT. 280601 HARRISBURG, PA 17128-0601 .... Z W C W U W C DECEDENT'S NAME (LAST, FIRST, AND MIDDLE INITIAL) McLain, Clifford James DATE OF DEATH (MM-DD-YEAR) DATE OF BIRTH (MM-DD-YEAR) 09/06/2005 09/08/1923 (IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST AND MIDDLE INITIAL) 156-14-4203 THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS SOCIAL SECURITY NUMBER ~ 1. Original Return 0 2. Supplemental Return w .... 0 Limited Estate 0 Future Interest Compromise (date of death after ~~~ 4. 4a. 12-12-82) w"-U ~ 0 :x:OO 6. Decedent Died Testate (Attach copy 7. Decedent Maintained a Living Trust (Attach u~..J ,,-Ill 01 Will) copy 01 Trust) "- ..: 0 9. Litigation Proceeds Received 0 10. Spousal Poverty Credit (date 01 death between 12-31-91 and 1-1-95 o 3. Remainder Return (date 01 death prior to 12-13-82) o 5. Federal Estate Tax Return Required o 8. Total Number of Safe Deposit Boxes o 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: AME COMPLETE MAILING ADDRESS !z Christopher E. Rice, Esquire ~ IRM NAME (II applicable) ~ Martson Deardorff Williams & Otto "- ELEPHONE NUMBER 717/243-3341 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) z o 5 ::> .... n: ..: U w ~ 5, Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) 6. Jointly Owned Property (Schedule F) o 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) Ten East High Street Carlisle, P A 17013 (1 ) None (2) None 1"~ i'::::'l ~:.:! (3) None .:-...... (4) None ) .- { (5) 49,926.53 eX1 ':=) (6) None -~, .-, ~':J ',:) (7) None ['0 1"['1 (8) c::::> 49,926.53 1..0 (9) 6,593.99 (10) 3,012.30 (11 ) 9,606.29 (12) 40,320.24 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) (13) (14) 40,320.24 SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, x .00 (15) or transfers under Sec. 9116(a)(1.2) z .045 (16) 0 16.Amount of Line 14 taxable at lineal rate x ~ .... ::> "- 17. Amount of Line 14 taxable at sibling rate x .12 (17) ::;; 0 U ~ 18. Amount of Line 14 taxable at collateral rate 40,320.24 x .15 (18) 6,048.04 .... 19. Tax Due (19) 6,048.04 20. 0 CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. >> BE SURE TO ANSWER Al&:QUESTIONSON REVERSE SIDEANl) RECHECK MATH << Copyright 2000 form software only The Lackner Group, Inc. Form REV-1500 EX (Rev. 6-00) QJ- Decedent's Complete Address: STREET ADDRESS 16 Clay Road CITY Carlisle STATE PA ZIP 17013 Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount (1 ) 6,048.04 302.40 Total Credits (A + B + C) (2) 302.40 3. InteresUPenalty if applicable D. Interest E. Penalty TotallnteresUPenalty (D + E) 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Check box on Page 1 Line 20 to request a refund 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. A. Enter the interest on the tax due. B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (3) 0.00 (4) (5) 5,745.64 (5A) (5B) 5,745.64 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: a. retain the use or income of the property transferred;.................................................................................. b. retain the right to designate who shall use the property transferred or its income;.................................... c. retain a reversionary interest; or.................................................................................................................. d. receive the promise for life of either payments, benefits or care?.............................................................. 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration?.............. ...................................................... .................................................. 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death?......... 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary desig nation?....................................................... ............................................................... Yes No o ; ~ ~ o ~ o ~ o ~ IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. preparer other than the personal representative is based on all information of which preparer has any knowledge. SIGNATURE OF PERSON RESPONSIBLE FOR FILING RETURN ADDRESS Carolyn R. Henry 140 Belvedere Street Carlisle,PA 17013 DATE SIGNATURE OF PERSON RESPONSIBLE FOR FILING RETURN 7 ADDRESS DATE l~l5" /OS ADDRESS DATE ~ Ten East High Street Carlisle, PA 17013 / d.-/S /0-5 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. 99116 (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. 99116 (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 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. 99116 (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. 99116 1.2) [72 P.S. 99116 (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. 99116 (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. *' SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF McLain, Clifford James I FILE NUMBER 21 - 05 - 00857 Include the proceeds of litigation and the date the proceeds were received by the estate. All property jointly-owned with the right of survivorship must be disclosed on schedule F. ITEM NUMBER 1 DESCRIPTION VALUE AT DATE OF DEATH 46,942.31 Citizens Bank, Money Market Acct. No. 610073-248-7 2 Citizens Bank, Checking Acct. No. 610073-513-3 1,142.22 3 1997 Chevrolet Cavalier, 2-door coupe, fair condition 1,700.00 4 Personal property, appraised value 142.00 TOTAL (Also enter on Line 5, Recapitulation) 49,926.53 ESTATE OF ITEM NUMBER A. B. *' SCHEDULE H FUNERAL EXPENSES & ADIVIINIS1RATIVE COSTS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT McLain, Clifford James I FILE NUMBER 21 - 05 - 00857 Debts of decedent must be reported on Schedule I. DESCRIPTION AMOUNT FUNERAL EXPENSES: Hoffman-Roth Funeral Home, Carlisle, P A 2 St. John's Church, collumbarium 1. ADMINISTRATIVE COSTS: Personal Representative's Commissions Social Security Number(s) / EIN Number of Personal Representative(s): Street Address City Year(s) Commission paid State _ Zip 2. Attorney's Fees Martson Deardorff Williams & Otto (estimated) 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant Street Address City Relationship of Claimant to Decedent State Zip 4. Register of Wills, Cumberland County Probate Fees 5. Accountant's Fees 6. Tax Return Preparer's Fees 7. 1 Other Administrative Costs Cumberland Law Journal, advertising Letters Testamentary 2 The Sentinel, advertising Letters Testamentary Total of Continuation Schedule(s) TOTAL (Also enter on line 9, Recapitulation) 2,169.70 500.00 3,250.00 136.00 75.00 144.29 319.00 6,593.99 . Schedule H Funeral Expenses & Mninistrative Cos1s continued COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF McLain, Clifford James I FILE NUMBER 21 - 05 - 00857 3 Register of Wills, filing fee, inheritance tax return 15.00 4 Register of Wills, short certificate 4.00 5 State Farm Insurance, vehicle insurance pending disposition 200.00 6 Reserved for additional probate, filing fees 100.00 Page 2 of Schedule H ESTATE OF '* SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT McLain, Clifford James I FILE NUMBER 21 - 05 - 00857 Include unreimbursed medical expenses. ITEM NUMBER 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 DESCRIPTION AMOUNT Citizens Bank, checking 610073-513-3, outstanding check on date of death 9.73 Martson Deardorff Williams & Otto, account payable for estate planning 400.00 81. John's Episcopal Church, Carlisle, PA, balance due on pledge 780.00 Cumberland Valley Nephrology Asso., account payable 34.24 Belvedere Medical Corporation, account payable 45.72 Carlisle Regional Medical Center, account payable, June admission 936.46 Masland & Associates, account payable 253.03 Lancaster HMA Physicians Management, account payable 30.61 Pinker & Associates, account payable 25.17 Walnut Bottom Radiology, account payable 33.01 Watershed Urology, account payable 144.49 Cumberland Pathology Asso., account payable 107.47 Blue Mountain Anesthesia Asso., account payable 16.05 Central Penn Management Group, account payable 16.05 Andora Radiology, account payable 45.96 Central Penn Medical Group, ER, account payable 29.60 18 Note: The above medical bills are not reimbursable by insurance Bronstein Jeffries, P.A., account payable 104.71 TOTAL (Also enter on Line 10, Recapitulation) 3,012.30 .REV-1513 EX+ (9-00) SCHEDULE J BENEFICIARIES COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF McLain, Clifford James I FILE NUMBER 21 - 05 - 00857 RELATIONSHIP TO AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY DECEDENT OF ESTATE n. .._ I. TAXABLE DISTRIBUTIONS (include outright spousal distributions) 1 Carolyn R. Henry Niece Entire residue 140 Belvedere Street, Carlisle, PA 17013 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 B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART 11- ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET F: IFILESIDA T AFILE\Estate Planningl 117 56. I. will 11756.1/8/8/05/clm LAST WILL AND TESTAMENT JRIGINAL RETAINED BY' IAW OFFICES c::://;1mhol2 :Dw'l.do-r,ff <'Wd'llam;,. A PROFESSIONAL CORflORAlIOI'J TEN EAST HIGH STREET <"ARUSLE. PA 17013 '"'171 2.43.3341 I, CLIFFORD JAMES McLAIN, of West Pennsboro Township, Cumberland County, Pennsylvania, being of sound and disposing mind and memory, do hereby make, publish and declare this to be my Last Will and Testament, hereby revoking any and all former Wills or Codicils made by me. 1. I direct that all my legally enforceable debts, funeral expenses, testamentary expenses and all death taxes (whether such taxes may be payable by my estate or by any recipient of any property) shall be paid from my residuary estate as soon as practicable after my decease and as part of the administration of my estate. My Executrix shall have no duty or obligation to obtain reimbursement for any such tax so paid, even though on proceeds of insurance or other property not passing under this Will. 2. I give, devise and bequeath all of my estate, both real and personal property, unto my niece, CAROLYN R. HENRY, absolutely. 3. I nominate, constitute and appoint CAROLYN R. HENRY as Executrix of my estate. 4. I direct that my Executrix shall not be required to file a bond to secure the faithful performance of her duties in any jurisdiction. 5. I authorize and empower my Executrix, in her sole and absolute discretion, to purchase or otherwise acquire and retain any investments of which I die seized or any real or personal property of any nature; to sell, lease, pledge, mortgage, transfer, exchange, dispose of or grant options in regard to any or all property of any kind forming a part of my estate for such terms and such prices as she may deem advisable; to borrow money for any purposes connected with the protection and preservation of my estate; to mortgage or pledge any real or'personal property forming a part of my , } .' '( l_ [Initials] Page 1 of 3 Pages estate or to join in or secure the partition of same; to compromise any claims or demands of my estate against others or of others against my estate; to make distribution in kind and to cause any share to be composed of cash, property or undivided fractional shares in property different in kind from any other share; to employ agents, attorneys and proxies and to delegate to them such power as my Executrix considers desirable and to pay reasonable compensation for such services as may be rendered by such agents, attorneys and proxies; and to execute and deliver such instruments as may be necessary to carry out any ofthese powers. In addition, I direct that my Executrix shall have the power to conduct an inventory of any safe deposit box necessary to the administration of my estate. IN WITNESS WHEREOF I have hereunto set my hand and seal this ;ft1/l.i :s...-t. ,,~xLtS- :;,r:) /J(ctay of L~;,;...... (SEAL) 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, have hereunto subscribed our names as witnesses thereto, in the presence of the said Testator and of each other. U~ 5 }It Page 2 of 3 Pages COMMONWEALTH OF PENNSYLVANIA ) : SS. COUNTY OF CUMBERLAND ) We, Clifford James McLain, ChristopherE. Rice, Esquire, and JI \/l'Jfi'lflln. i.Ii:! I.dr,., .'"." ~ the Testator and witnesses, respectively, whose names are signed to the foregoing instrument, being first duly sworn, do hereby declare to the undersigned authority that the Testator signed and executed the instrument as his last Will and that the Testator has signed willingly, and that the Testator executed it as his free and voluntary act for the purposes therein expressed, and that each of the witnesses, in the presence and hearing of the Testator, signed the Will as a witness and that to the best of his /her knowledge the Testator was at that time eighteen years of age or older, of sound mind and under no constraint or undue influence. (J 1 (l!.-L.',,,-- &.~ S. fL- Witness ~ ~f!l]V~ ~ Wltnes - Subscribed, sworn to and acknowledged before me by Clifford James McLain, the Testator, and subscribed and sworn to before me by Christopher E. Rice, Esquire and ~f""L"l. {1!ol1 12 '*". I~ .;J. , the witnesses, this d. 3"<~y of Iho"sr, ",).0&'::'-. /! '\... N~P~bt~,j-(:~\,,.c.. lLL(je/Ujj NOTARIAL SEAL CORRINE L. MYERS, NOTARY PUBLIC CARLISLE BORa, COUNTY OF CUMBERLAND MY COMMISSION EXPIRES MAY 27,2007 Page 3 of 3 Pages