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HomeMy WebLinkAbout03-09-06 z o i= <( -I ::) t- o:: <( o w a:: z o i= ~ ::) a.. :E o o >< ~ . COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE DEPT. 280601 HARRISBURG, PA 17128-0601 REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT t- Z W C w o w C DECEDENT'S NAME (LAST, FIRST, AND MIDDLE INITIAL) McManus Norbert R. DATE OF DEATH (MM-DD-Year) DATE OF BIRTH (MM-DD-Year) 11/30/2005 02/28/1924 (IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST, AND MIDDLE INITIAL) McManus Ma W I- ~ :$(1) (J II::~ wo.(J J:oo (J II::..J 0.10 0. < !Xl 1. Original Return o 4. Limned Estate o 6. Decedent Died Testate (Attach copy of Will) o 9. Litigation Proceeds Received o 2. Supplemental Return o 4a. Future Interest Compromise (date of death after 12-12-82) o 7. Decedent Maintained a Living Trust (AttachcopyofTrust) o 10. Spousal Poverty Credit (date of death between 12-31-91 and 1-1-95) I OFFICIAL USE ONLY FILE NUMBER 21-06 187 ""CODNTYCOOE -vEAA- - - 'NUiiBER-- SOCIAL SECURITY NUMBER 1 2 0 - 2 2 - 8 7 1 7 THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS SOCIAL SECURITY NUMBER 1 9 7 - 2 2 - 5 2 8 o 3. Remainder Return (date of death prior to 12-13-82) o 5. Federal Estate Tax Retum Required _ 8. Total Number of Safe Deposit Boxes o 11. Election to tax under Sec. 9113(A) (AttachSch 0) THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: NAME COMPLETE MAILING ADDRESS Wa ne F. Shade 53 West Pomfret Street FIRM NAME (If Applicable) I- Z W Q Z o 0. II) W II:: II:: o (J TELEPHONE NUMBER 717-243-0220 Carlisle 19. Tax Due (19) 20. 0 > > BE SURE TO ANSWER ALL QUESTIONS ON REVERSE SIDE AND RECHECK MATH 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) o Separate Billing Requested 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Proparty (Schedule G or L) 8. Total Gross Assets (total Lines 1-7) 9. Funeral Expenses & Administrative Costs (Schedule H) (1) (2) (3) (4) (5) (6) (7) (8) (9) 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) 14. Net Value Subject to Tax (Line 12 minus Line 13) SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES (14) 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 (a)(1.2) 0.00 X _(15) 0.00 X _(16) 0.00 X .12 (17) 0.00 X .15 (18) 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 PA 17013 -.. . ---- . - - - OFFICIAL USE ONLY ("-- I \D C,) - .~ _I 0.00 0.00 0.00 0.00 0.00 0.00 pj. << ece ents omplete Address: " STREET ADDRESS 1938 SprinQ Road CITY I STATE I ZIP Carlisle PA 17013 o d · C 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. Interest/Penalty if applicable D. Interest E. Penalty Total Interest/Penalty ( 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 Payable 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 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 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 without receiving adequate consideration?............ ... .................... ............ ....... ............. ............ ........ ....... 0 3. Did decedent own an 'in trust for' or payable upon death bank account or security at his or her death? ................. 0 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which t. b f" d' t'? rXJ con ams a ene IClary eSlgna Ion. ............ ........................................................................................... ~ No 00 00 00 00 00 00 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. Under penalties of pe~ury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, conrect and complete. Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge. SIGNATURE OF PERSON RESPONSIBLE FOR FILING RETURN %O-yr.f1z~ ~m~ ADDRESS 1938 Spnng Road Carlisle SIGNATURE OF ~~ THA,.~I\'" ADDRESS 53 We Pomfret Street Carlisle PA 17013 DATE PA 17013 DATE 2/23/2006 2/23/2006 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 exempt 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)]. Thilexrate 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)]. "'r, 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 bv blood or adootion. ._---"._--_..-.-._-_.~--_._--.._-_..--~-~ --,- REV-'.'" EX. '. - COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF McM nus. N R. SCHEDULE G INTER.VIVOS TRANSFERS & MISC. NON.PROBA TE PROPERTY t FILE NUMBER 21 187 DESCRIPTION OF PROPERTY ITEM INCLUDE THE NAME OF THE TRANSFEREE, THEIR RELATIONShiP TO DECEDENT AND DATE OF DEATH % OF DECO'S EXCLUSION TAXABLE NUMBER THE DATE OF TRANSFER. ATIACHA COPY OF THE DEED FOR REAL ESTATE VALUE OF ASSET INTEREST (IF APPliCABlE) VALUE 1. The personal representative did not administer any property which is, was or may have been subject to PA Inheritance Tax. There were no taxable non-probate assets. A copy of the Will of the decedent is attached TOTAL (Also enter on line 7 Recapitulation) $ This schedule must be completed and filed if the answer to any of Questions 1 through 4 on the reverse side of the REV-1500 COVER SHEET is yes. IIf mnrA ~n::lr.A j~ nAArlArl in~Art ::lrlrlitinn::l/ ~hAA~ nf thA ~::lmA ~i7A\ ,>v"'"~~.(* COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ~ESTATEOF - SCHEDULE J BENEFICIARIES MCManus Norbert R. ?1 nR RELA TIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not list Trustee(s) OF ESTATE I. TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 9116 (a) (1.2)) 1. Mary Margaret McManus Spousal 1938 Spring Road 100% Carlisle, PA 17013 ENTER DOLLAR AMOUNTS FOR DISTRJBUTlONS 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 1. B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS 1. TOTAL OF PART II - ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET $ '- FILE NUMBER 187 (If more space is needed, insert additional sheets of the same size) - .. W ILL I, NORBERT R. McMANUS, of 1938 Spring Road, Carlisle MR, CUmber- land County, Pennsylvania, declare this to be my last Will and revoke any Will previously made by me. ITEM ONE. I direct that my funeral expenses, including my grave- marker, shall be paid from my estate, as Soon as practicable after my decease, as a Part of the expense of the administration of my estate. ITEM TWO. I give, devise and bequeath my entire estate to my wife, MARy MARGARET McMANus, if she survives me by sixty (60) days. If she does not survive me' by sixty (60) days, then I give, devise and bequeath my entire estate to be divided equally among my children, share and share alike, the issue of said children to take the parent's share, per stirpes. '\ ITEM THREE. I appoint my brother, Dr. HOWard McManus, R. D. 2, Ithaca, New York, Guardian of any property which passes to a minor and with respect to which I am authorized to apPoint a Guardian and have not otherwise specifically done so. Such Guardian shall have the Power to Use principal as well as income from time to time for the minor's education, Support and welfare, without regard to his or her parent's ability to provide for such education, support orwelfare or to make payment for these purposes without further responsibility to the minor or to the minor's parent or to any person taking care of the minor. Should such Guardian for any reason fail to qualify Or cease to act as Guardian, I appoint my brother, Kenneth D. McManus, Des Pere, Missouri, as Guardian with the same duties, power and discretion as if originally appointed. .J^- -~~~ ITEM FOUR. I appoint my wife, MARY MARGARET McMANuS, as Executrix of this my last Will. Should my wife for any reason fail to qualify or cease to act as Executrix, then I appoint The Harris- burg National Bank and Trust Company, Carlisle, PennsYlvania, with the same duties, powers, and discretions, as if originally appointed. Page one of two pages. ITEM FIVE. I authorize my Executrix Or her successors to exercise the fOllowing powers, in addition to those given by law, to be exercised in her sole discretion. (a) To retain any real or personal property which may at any time form a part of my estate so long as she deems advisable. (b) To invest in any real or personal property without restric- tion to legal investments. (c) To repair, alter, improve, or lease for any periOd of time any real or personal property and to give options for leases. . ~ (d) To sell, at pUblic or private sale, for cash or credit, with or without security, to exchange, or to partition real or personal property and to give options for sales.or exchanges. (e) To make distribution in kind. (f) To compromise claims. (g) To exercise all power, authority, and discretion given by thi Will after the termination of any trust created herein until the same is fully distributed. ITEM SIX. I direct that my personal representative or Guardian shall not be required to give bond for the faithful performance of his duties in this or any other jurisdiction, including foreign countries. ITEM SEVEN. I direct that all taxes that may be assessed on consequence of my death, of whatever nature and by whatever jurisdiction imposed, shall be paid from my residuary estate as a part of the expense of the administration of my estate. IN WITNESS WHEREOF, I have hereunto set my hand this. ~;r~ day of August, in the year of OUr Lord one thousand nine hundred and sixty-six (1966). SIGNED Norbert R. McManus The preceding instrument, consisting of this and one other type- written page, each identified by the signature of the testator, was on the day and date thereof, signed, Published, and declared by NORBERT R. McMANuS, the Testator therein named,as and for his last Will, in the presence of us, who at his request, in his presence, and in the presence of each other have subscribed OUr names as witnesses hereto. SIGNED SIGNED ADDRESS Page two of two pages.