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Home My WebLink About12-20-05 12-19-2005 SHAUB 01-28-2005 99 05-0289 NON-RESIDENT 101 APPEAL DATE: 02-17-2006 ( See reverse side under Objections) Amount Remitted I I MAKE CHECK PAYABLE AND REMIT PAYMENT TO: PA DEPARTMENT OF REVENUE P.O. BOX 280601 HARRISBURG, PA 17128-0601 ~~!_~~~~~_!~!~-~!~~--___:=t_.,~~_~~~~~_~~~!~~~_~~~_~~~~_~~~~~~~___!::_________________ REV-537 EX AFP (03-05) NOTICE OF NONRESIDENT INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX ESTATE OF SHAUB EILEEN B FILE NO. 99 05-0289 ACN 101 TAX COMPUTATION METHOD ELECTED: ( ) FLAT RATE ( X) PROPORTIONATE TAX RETURN WAS: ( ) ACCEPTED AS FILED (X) CHANGED SEE ATTACHED NOTICE RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. Real Estate (Schedule A) 2. Stocks and Bonds (Schedule B) 3. Closely Held Stock/Partnership Interest (Schedule C) 4. Mortgages/Notes Receivable (Schedule D) 5. Cash/Bank Deposits/Misc. Personal Property (Schedule E) 6. Jointly Owned Property (Schedule F) 7. Transfers (Schedule G) 8. Total Assets COMMONWEALT~ OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX DIVISION PO BOX 280601 HARRISBURG PA 17128-0601 - NOTICE OF NONRESIDENT INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS, AND ASSESSMENT OF TAX DATE ESTATE OF DATE OF DEATH FILE NUMBER COUNTY ACN ',)' j~~.! 3 DANIEL BRIGHT ESQ 811 UNIVERSITY DR STATE COLLEGE PA 16801 ll) (2) (3) (4) (5) (6) (7) 2,865,000.00 4,104,770.43 .00 90,159.04 403,246.08 39,737.06 8,997,459.01 REV-537 EX AFP (06-05) EILEEN B ..t \ -\j S - "l \S DATE 12-19-2005 NOTE: To insure proper credit to your account, submit the upper portion of this form with your tax payment. (8) 16,500,371.62 APPROVED DEDUCTIONS AND EXEMPTIONS: 9. Funeral Expenses/Adm. Costs/Misc. Expenses (Schedule H) (9)1,095.336.05 10. Debts/Mortgage Liabilities/Liens (Schedule IJ llO) 119.231.23 11. Total Deductions (11) 1.214.567.31 12. Net Value of Tax Return ll2) 15.285.804.31 13. Charitable/Governmental Bequests (Schedule J) (13) 521.410.21 14. Net Value of Estate Subject to Tax (14) 14.764.394.10 NOTE: I~ an assessment was issued previously, lines 14, 15 and/or 16, 17, 18 and 19 will re~lect ~igures that include the total o~ ~ returns assessed to date. ASSESSMENT OF TAX: 15. Amount of Line 14 at Spousal rate 16. Amount of Line 14 taxable at Lineal/Class A rate 17. Amount of Line 14 at Sibling rate 18. Amount of Line 14 taxable at Collateral/Class B rate 19. Principal Tax Due TAX CREDITS: ll5) .00 X 00 = .00 ll6) 5,930,857.11 X 045 = 266,888.57 lln .00 X 12 = .00 ll8) .00 X 15 = .00 ll9) 266,888.57 HI AMOUNT PAID DATE NUMBER INTEREST/PEN PAID (-) 04-27-2005 NR007060 13,344.43 260,000.00 TOTAL TAX CREDIT 273,344.43 BALANCE OF TAX DUE 6,455.86CR INTEREST AND PEN. .00 TOTAL DUE 6,455.86CR · IF PAID AFTER DATE INDICATED, SEE REVERSE FOR CALCULATION OF ADDITIONAL INTEREST. ( IF TOTAL DUE IS LESS THAN $1, NO PAYMENT IS REQUIRED. IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR), YOU MAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.) REV.1470 EX (6.B8) ~~:~ -,i>... ~;,':.~...,:".,. COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES DEPT. 280601 HARRISBURG, PA 17128-0601 DECEDENT'S NAME SCHEDULE ITEM NO. ~,\~~'W\ ~ ~\\~\ TAX EXAMINER: INHERITANCE TAX EXPLANATION OF CHANGES ~("0\o '-s ~ C;~ I C\ sq. \) '\ ( .J EXPLANATION OF CHANGES ~"'~ \~\, .l'N\~,'r) FI~ NUMBER '-is '-10 -s - CY:Jg-l ACN \0\ PAGE COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES DEPT. 280601 HARRISBURG, PA 17128-0601 PENNSYLVANIA INHERITANCE AND ESTATE TAX OFFICIAL RECEIPT No. NR007060 RECEIVED FROM: ACN ASSESSMENT DIANE ALLEN JORDAN CSEP CSRP CONTROL AMOUNT MCQUAIDE BLASKO A TTYS NUMBER 811 UNIVERSITY DR 101 260,000.00 STATE COLLEGE PA 16801-6699 ESTATE INFORMATION I FILE NUMBER 99 05-0289 NAME OF DECEDENT (LASn (FIRSn (MI) SHAUB EILEEN B DATE OF PAYMENT 4/28/2005 POSTMARK DATE 4/27/2005 COUNTY Non-Resident DATE OF DEATH 1/28/2005 TOTAL AMOUNT PAID $260.000.00 REMARKS MD RECEIVED BY John M. Riedman SEAL COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE Register *' SCHEDULE A REAL ESTATE Dc+ (6-98) ~TH Of PENNS'l'I.VANIA INHERITANCE TAX RETURN RESIDENT DECEDENT FILE NUMBER EOF Shaub, Eileen B All real property owned lolely or al a tenant In common mult be reported at fair market value. Fair markel value Is defined as Ihe price al which property would be exchanged between a WIlling buyer and a willing seller, neither being ccmpeIled 10 buy or sell, both having reasonable knowledge r:J the relevanl facts. Real property which II jolntly-owned with right of lurvlvorahlp mult be dllcloaed on Ichedule F. DESCRIPTION VALUE AT DATE OF DEATH ER Americana Apartments, State College, PA - See attached appraisal for description and valuation. ........ ."",,7': (s,,\:;/ 2,000,000.00 Aspen Building - Located at 5002 Lenker Street, Hampden Township, Cumberland County, PA. See attached appraisal for description and valuation. 230,000.00 Condominium in Boca Raton, FL . See attached appraisal for description and valuation. 635,000.00 TOTAL (Also enter on Line 1, Recapitulation) 2.865,000.00 . (If more space is needed, additional pages of the same size) ght (c) 2002 form software only The Lackner Group, Inc. Form PA.1500 Schedule A (Rev. 6-98) I I *' SCHEDULE G INTER-VIVOS TRANSFERS & MISC. NON-PROBATE PROPERTY continued FILE NUMBER Shaub, Eileen B DESCRIPTION OF PROPERTY OF TRANSFEREE. THEIR RElATIONSHIP TO DECEDENT AND ,mL~'p~ ~~SFER. ATTACH A copy OF THE DEED FOR REAL ESTATE. Accrued Interest on Item 13 through date of death DATE OF DEATH % OF DECO'S EXCLUSION VALUE OF ASSET INTEREST (IF APPLICABLE) 930.42 TAXABLE VALUE 930.42 $100,000 Stevens PolntWls Area Pub Sch, 4%, 104.669.00 104.669.00 4/1/11 . CUSIP #86024WDK3 Accrued interest on Item 14 through date of 1.300.00 1.300.00 death $100,000 Wildwood Crest NJ GO, 3.05%, 10/1/05 100.700.00 100.700.00 . CUSIP #968138DP9 Accrued interest on Item 15 through date of 991.25 991.25 death Wachovla Securities money market funds held in 183.277.28 183.277 .28 account #76196940 Dorchester Arms Apartments, State College, PA. 1.769.000.00 1.769.000.00 See attached appr~!sal for complete description and valuation. <......"-<- .\',,-; ~:...'_. - ;-:-:--; Dorchester Arms Apartments, State College, PA. 12.315.14 Cash balance per attached documentation. I C.!:-,,-,..\.~r. r' ',(.-::,~" 'J" , . '. / Foster Arms Apartments, State College, PA. 90% 1.049,400.00 interest owned by decedent. See attached appraisal for description and valuation. (' ';'. ~ ("'.. ....:-. "I' '.,'" \.:: . ~ ~. II . 12.315.14 1.049.400.00 Form PA.1500 Schedule G (Rev. 6-98) t (c) 2002 form software only The Lackner Group, Inc. * SCHEDULE G INTER-VIVOS TRANSFERS & MISC. NON-PROBATE PROPERTY continued ~THOFPENNS't'LVANIA tlHERrrANCE T~ RETURN . RESDENT DECEDENT Shaub, Eileen B DESCRIPTION OF PROPERTY DATE OF DEATH DE NAME OF lAANSFEREE. THEIR RELATIONSHIP TO DECEDENT AND VALUE OF ASSET ~~TE OF TRANSFER. ATTACH A COpy OF THE DEED FOR REAL ESTATE. Foster Arms Apartments, State College, PA - 5.174.67 Total cash balance per attached documentation; amount shown is 90% thereof C..:.~, \1\": 'n. \'i\ Birch Building - Located a eet, Hampden Town ,umberland County~ P See attached appra valuation. Hemlock Building - Locat ~ Street, Hampden Town hip, Cumberland County, PA. See attached appraisa SCrip Ion an valuation. Hickory Building - ~eet, Hampden Town ip, Cumberland County, P~ See attached app valuation. Pine Building - arSOO6 lenket Street;' Hampden T. wnship, Cumberland County, PA. See attache . valuation. Ponderosa Building - Loc~ Lenke Street, Hampden Township, Cumberland County, PA. See attached appra valuation. t (c) 2002 form software only The Lackner Group, Inc. 240.000.00 240.000.00 310.000.00 220.000.00 300.000.00 FILE NUMBER % OF DECO'S EXCLUSION INTEREST (IF APPLICABLE) TAXABLE VALUE 5.174.67 , 240.000.00 -~ 240.000.00/ 310.000.00 220.000.00 300.000.00 Form PA-1500 Schedule G (Rev. 6-98) SCHEDULE G INTER-VIVOS TRANSFERS & MISC. NON-PROBATE PROPERTY continued FILE NUMBER DESCRIPTION OF PROPERTY DATE OF DEATH % OF DECO'S EXCLUSION NCLUDE NAME OF TRANSFEREE, THEIR RELATIONSHIP TO DECEDENT AND VALUE OF ASSET INTEREST (IF APPLICABLE) . ~E DATE OF TRANSFER. ATTACH A COpy OF THE DEED FOR REAL ESTATE. West Shore Office Park: Maple Building - 270.000.00 Located at 5012!-el1kerSt[@et, Hal!!.Pden Towns~;Cumberland County, PK See attacheCi-appralsal for d4'icrlptian andvaluation. West Shore Office Park - Cash balance for six properties per attached documentation: For 6 units $48,682.99 6/7 of Association account + 2,970.45 51.653.44 MassMutual Financial Group Annuity ODY15264318 - Payable to decedent's Estate 1,496.361.83 Property Management, Inc. - Replacement for uncashed check for October, 2004 rent for West Shore Office Park 14,934.29 TOTAL (Also enter on Line 7, Recapitulation) (c) 2002 form software only The Lackner Group. Inc. 51,653.44 1.496,361.83 14,934.29 8.997.459.01 Form PA.1500 Schedule G (Rev. 6-98)