HomeMy WebLinkAbout12-30-05
Last Will
of
JOHN H. TROUT
1, JOHN H. TROUT, the Testator, a resident of Cumberland County, Pennsylvania, declare that this
is my Last Will. I hereby revoke all my previous wills and codicils.
Article One
Introductory Provisions
Section 1. Marital Status
I am currently married to ELISABETH J. TROUT, and all references to my Spouse in this will are to
ELISABETH J. TROUT.
Section 2. Children
All references to "my children", subject to the exclusion of any child under subsequent
provisions of this Section 2, are to all of the children so identified in this Section 2, but only to
those children and any children born to or adopted by me subsequent to the execution of this, my
Last Will.
3. My Children
The names and birth dates of my children are:
Name
Birth Date
NANCY OZSOGOMONIAN
LINDA HADCOCK
ROBERT TROUT
February 21, 1943
October 16, 1945
August 7, 1947
Linda M. Hadcock
...
2611 Brian Drive. Parma, OH 44134
Home Phone 440-884-2639 . Email wghlmh@sbcglobal.net
December 7, 2005
Ms. Glenda Farner Strasbaugh
Registrar of Wills
Cumberland County Courthouse
1 Courthouse Square
Carlisle, PA 17013-3387
Dear Ms. Farner-Strasbaugh:
Enclosed is the original Will and Testament of John H. Trout. I understand that after reviewing
the Will, you will send forms to the Cuyahoga County Court for me to sign. Would you please
ask them to call me at 440-884-2639 to let me know when those forms are ready for my
signature?
Thank you very much for your assistance in this matter.
Very truly yours,
~
(/1~~ 7?J. ~~,L
Linda M. Hadcock
Enclosure
cc: Cheryl Baker, Certified Paralegal
Article Two
Appointment of My Personal Representatives
Section 1. Nomination of My Personal Representatives
I appoint the followIng to be my Personal Representative(s) in the order of priority in which their
names appear:
LINDA HADCOCK AND
ROBERT TROUT,
ACTn-rG JOINTLY OR INDIVIDUALLY
If, for any reason, the Personal Representative(s) named above are unable or unwilling to serve,
the next successor Personal Representative(s) shall serve in the order of priority listed until the
list has been exhausted. Unless otherwise specified, if Co-Personal Representatives are serving,
the next named successor Personal Representative shall serve only after all of the Co-Personal
Representatives cease to act as Personal Representatives.
Section 2. Waiver of Bond
No bond or undertaking shall be required of any Personal Representative nominated in this Last
Will.
Section 3. General Powers
My Personal Representative shall have full authority to administer my estate under the laws ofthe
Commonwealth of Pennsylvania relating to the powers of fiduciaries. My Personal Representative
shall have the power to administer my estate under the Pennsylvania Probate, Estates and
Fiduciaries Code.
Article Three
Disposition of My Property
Section 1. Estate Planning Letter or Memorandum
To the extent permitted by state law and not necessary to fully utilize my Unused Applicable
Credit Equivalent, my Personal Representative shall distribute such of my personal or household
items to such persons as I may direct by a written instrument signed by me and delivered to my
Personal Representative.
Section 2. Distribution to My Revocable Living Trust
I give all the rest, residue and remainder of my property of whatever nature and kind and
wherever located to the then acting Trustee(s) of my revocable living trust of which I am a
Trustor known as the:
JOHN H. TROUT AND ELISABETH 1. TROUT LIVING TRUST,
Dated June 3, 1996, and any amendments thereto.
I executed said revocable living trust prior to the execution of this Last Will.
Section 3. Alternate Disposition
If my revocable living trust is not in effect for any reason, I give all of my property to my
Personal Representative under this will as Trustee who shall hold, administer and distribute my
property as a testamentary trust the provisions of which are identical to those of my revocable
living trust on the date of execution of this Last Will, or as thereafter amended.
Article Four
Death Taxes
Section 1. Definition of Death Taxes
The term "death taxes," as used in this will, shall mean all inheritance, estate, succession, and
other similar taxes that are payable by any person on account of that person's interest in the estate
of the decedent or by reason of the decedent's death, including penalties and interest, but
excluding the following:
a. Any additional to the federal estate tax for any "excess retirement accumulation"
under Internal Revenue Code Section 4980A.
b. Any additional tax that may be assessed under Internal Revenue Code Section
2032A or 2057; and
c. Any federal or state tax imposed on a Generation Skipping Transfer, as that term
is defined in the federal tax laws, unless the applicable tax statutes provide that
the Generation Skipping Transfer Tax is payable directly out of the assets of my
gross estate.
Section 2. Payment of Death Taxes
Pursuant to the terms of my revocable living trust, all death taxes whether or not attributable to
property inventoried in my probate estate shall be paid by the Trustee from my Trust. However,
if my Trust does not exist at the time of my death or if the assets of my Trust are insufficient to
pay the death taxes in full, I direct my Personal Representative to pay any death taxes that cannot
be paid by my Trustee from the assets of my probate estate by equitably prorating and
apportioning those taxes among the beneficiaries of this will.
Unless specifically provided othenvise in my Trust, all death taxes incurred by reason of assets
being transferred outside of my Trust or probate estate shall be assessed against those persons
receiving such property.
Section 3. Waiver of Right of Reimbursement Under Code Section 2207A
I hereby waive my estate's right of reimbursement under Code Section 2207 A.
Article Five
General Provisions
Section 1. No Contest Clause
If any person or entity singularly or in conjunction with any other person or entity, directly or
indirectly, contests in any court the validity of this Last Will including any codicils thereto, then
the right of that person or entity to take any interest in my estate shall cease and the demise of
that person (and his or her descendants) or entity shall be deemed to have occurred prior to mine.
Section 2. Captions
The captions of Articles, Sections and Paragraphs used in this Last Will are for convenience of
reference only and shall have no significance in the construction or interpretation of this Last
Will.
Section 3. Severability
Should any of the provisions of this Last Will be for any reason declared invalid, such invalidity
shall not affect any of the other provisions of this will and all invalid provisions shall be wholly
disregarded in interpreting this Last Will.
Section 4. Governing Law
This Last Will shall be construed, regulated and governed by and in accordance with the laws of
the Commonwealth of Pennsylvania.
I signed this, my Last Will, on MA y 2 0 2003
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JOH(f' TROUT
ATTESTATION CLAUSE
MA Y 2 0 2003
On this EOOZ 0 l A V~ _, JOHN H. TROUT, Testator, personally Published and Declared the
foregoing instrument, as and for his Last Will and Testament, in the presence of each of us and
all of us together, who, at his request, in his presence, and in the presence of each other, also
signed the said instrument as witnesses. We further state that each of us believes that at the time
he executed the foregoing instrument he was of sound mind and memory, of lawful age, and did
so execute it as his own free act and deed and not under the constraint or undue influence of any
person.
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