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HomeMy WebLinkAbout04-10-06 REV.1500 EX (<>Wi REV-1500 '* COMMONWEALTH OF PENNSYLVANIA .' DEPARTMENT OF REVENUE DEPT. 280601 ">'.. HARRISBURG, PA 17128-0601 w ~~en uet:~ wo..u :I:OO uet:..J 0..1Il 0.. < INHERITANCE TAX RETURN RESIDENT DECEDENT FILE NUMBER 21 05 0884 COUNTY CODE YEAR NUMBER t- Z W C W U W C DECEDENT'S NAME (LAST, FIRST, AND MIDDLE INITIAL) Ritter, Ruth S. SOCIAL SECURITY NUMBER 1 n-24-8572 ---- ---T THISRETURN-;USTBE FILED ;DUPLICATE WITH THE \ REGISTER OF WILLS ~---L------~. SOCIAL SECURITY NUMBER DATE OF DEATH (MM-DD-YEAR) 09/28/2005 DATE OF BIRTH (MM-DD-YEAR) 05/17/1916 (IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST, AND MIDDLE INITIAL) ~ 1. Original Return o 4. Limited Estate o 6. Decedent Died Testate (AUacl1 copy ofWi!l) D 9. Litigation Proceeds Received o 2. Supplemental Return o 4a. Future Interest Compromise (dale of death after 12-12-82) o 7. Decedent Maintained a Living Trust (AUach copy of Trust) D 10. Spousal Poverty Credit (date of death between 12-31-91 and 1-1-95) [J 3. Remainder Return (dale of death prior 10 12-13-82) [J 5. Federal Estate Tax Retum Required 8. Total Number of Safe Deposit Boxes [J 11. Election to tax under Sec. 9113(A) (AUach Sch 0) I- Z W a z o 0.. en w et: et: o U THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: COMPLETE MAILING ADDRESS O'Brien, Baric & Scherer 19 West South Street Carlisle, Pennsylvania 17013 NAME David A. Baric, Esquire --FIRM NAME (tfAPPlicablel- -- O'Brien, Baric & Scherer TELEPHONE NUMB~ --- (717) 249-6873 1. Real Estate (Schedule A) 2. Stocks and Bonds (Schedule B) (1) (2) (3) (4) (5) 0.00 22,168.00 r ,"'...... ',~ z o ~ ...I :J .... 0: <( u w a::: 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) 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 (Une 8 minus Line 11) 13. Charitable and Govemmental Bequests/See 9113 Trusts for which an election to tax has not been made (Schedule J) (11) (12) (13) 6,025.00 20,611.00 (6) (7) 14,082.00 (,,) e,", (9) (8) 6,025.00 56,861.00 (10) 14. Net Value Subject to Tax (Line 12 minus Line 13) (14) 50,836.00 SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES z o ~ .... ::::) a.. ~ o u >< ~ 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 (a)(1.2) x .0 (15) (16) (17) 2,287.00 16. Amount of Line 14 taxable at lineal rate 50,836.00 x.O 45 17. Amount of Line 14 taxable at sibling rate x .12 x15 (18) 18. Amount of Line 14 taxable at collateral rate 19. Tax Due (19) 2,287.00 20. [!J CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT > > BE SURE TO ANSWER ALL QUESTIONSONREV'ERSESIDE ANORECKECK MATH < < C,./. a ~ to ,u'v' ~W~1J ,"w-' ~) Decedent's Complete Address: 'STREETADORESS____n______ -____ n_ __ __dn __ Un n ___~_~I ciTY~ -- -- --- - --- - -. -- -F~- -- -rIP-- --- Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount (1 ) 2,287.00 _____ _~OO.OO 110.00 -._- ---- ..- -~_.._-- Total Credits (A + B + C ) (2) 3. Interest/Penalty if applicable D. Interest E. Penalty 2,310.00 4. Total Interest/Penalty ( 0 + E ) 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 B. Enter the total of Line 5 + SA. This is the BALANCE DUE. (3) (4) (5) (SA) (5B) 23.00 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. 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 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 contains a beneficiary designation? ......................................................................................................................... ~ No ~ [KJ [K] [K] ~ ~ Under pena~ies of perjury, 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, correct and complete. Dedaratlon 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 __ ?'/GNATUYl€:- l)AGt._~TTA-CHcD__ ADDRESS DATE 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. S9116 (a) (1.1) (ill. 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. S9116 (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. 39116(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. S9116(1.2) [72 P.S. s9116(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. REV-1503 EX+ (6-98) SCHEDULE B STOCKS & BONDS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Ritter, Ruth S. FILE NUMBER 21 050884 All property jointly-owned with right of survivorship must be disclosed on Schedule F. ITEM NUMBER 1. DESCRIPTION VALUE AT DATE OF DEATH Black Rock Funds 22,168.00 Account No. 123-5002378700 TOTAL (Also enter on line 2, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 22,168.00 REV-1508 EX + (6-98) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Ritter, Ruth S. SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY FILE NUMBER 21 050884 Include the proceeds of litigation and the dale the proceeds were received by the estate. All property jointly-owned with right of survivorship must be disclosed on Schedule F. ITEM NUMBER 1 . M & T Bank Account No. 7201863 2. Tax Refund DESCRIPTION VALUE AT DATE OF DEATH 20,601.00 10.00 TOTAL (Also enter on line 5, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 20,611.00 REV-1510 EX'" (6-98) SCHEDULE G INTER-VIVOS TRANSFERS & MISC. NON-PROBATE PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Ritter, Ruth S. FILE NUMBER 21 050884 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. 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. ATTACH A COpy OF THE DEED FOR REAL ESTATE VALUE OF ASSET INTEREST (IF APPLICABLE) VALUE 1. Met Life Annuity 14,082.00 14,082.00 Account No. 073 393 544 AS TOTAL (Also enter on line 7 Recapitulation) $ 14,082.00 (If more space is needed, insert additional sheets of the same size) REV-1511 EX+ (12-99) SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Ritter, Ruth S. FILE NUMBER 21 050884 Debts of decedent must be reported on Schedule I. ITEM NUMBER A. DESCRIPTION AMOUNT FUNERAL EXPENSES; 1. B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Name of Personal Representative(s) Social Security Number(s)/EIN Number of Personal Representalive(s) Street Address City . State Zip Year(s) Commission Paid: 2. Attorney Fees 0 I Brien, Baric & Scherer 2,850.00 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 Register of Wills 136.00 5. Accountant's Fees 6 . Tax Return Preparer's Fees 8. Claremont Rehabilitation Center Sentinel 9. Cumberland Law Journal 2,725.00 239.00 75.00 7. TOTAL (Also enter on line 9, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 6,025.00 REV-1513 EX+ (9-00) *' COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE J BENEFICIARIES ESTATE OF Ritter, Ruth S. NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY I TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under See. 9116 (a) (1.2)] FILE NUMBER 21 050884 RELATIONSHIP TO DECEDENT AMOUNT OR SHARE Do Not List Trustee(s) OF ESTATE 1 . Nancy D. Benoist Daughter 1 /3 of Estate 7451 Arbela Street Port Charlotte, FL 33981-2640 2. David A. Ritter Son 1/3 of Estate 855 Moore's Mountain Road Lewisberry, Pennsylvania 17339-9754 3. James R. Ritter Son 1/3 of Estate 30 Riverview Drive Enola, Pennsylvania 17025-2645 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18, AS APPROPRIATE, ON REV-1500 COVER SHEET " 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 $ 0.00 (If more space is needed, insert additional sheets of the same size) Signature page for Rev-1500 Inheritance Tax Return, Resident Decedent Ritter, Ruth 172-24-8572 ODD 09/28/2005 Executors: ~1I.12 - David A. Ritter 855 Moore's Mountain Road Lewisberry, PA 17339 ~~R.~ Jam R. Ritter 30 Riverview Drive Enola, PA 17025 Executrix: () ~~Ja- Xl Nancy D. Benoist 7451 Arbela Street Port Charlotte, FL 33981 tj1!~ Date ~3 -2- tf-06 :; .- 7-'-t --0& Date .::::> Date& ~- 5' ~ () b LAST WILL AND TESTAMENT OF RUTH S. RITTER I, RUTH S. RITTER, now of 101 May Drive, Apt. 1, Camp Hill, Cumberland County, Pennsylvania, being of sound and disposing mind, memory and understanding, do hereby make, publish and declare this to be my Last will and Testament, hereby revoking all other wills and Codicils previously made by me. ITEM I: I direct that payment of all my just debts, expenses of my last illness, funeral expenses, and the costs of administering my estate from my estate as soon after my death as conveniently may be done. ITEM II: I give, devise and bequeath all of the rest, residue and remainder of my estate, of every nature and wherever situate, together with all insurance policies thereon, unto my spouse, AUSTIN F. RITTER, providing my said spouse shall survive me by ninety (90) calendar days. ITEM III: Should my said spouse predecease me or die on or before the ninetieth (90th) day following my death, I give, devise and bequeath all of the rest, residue and remainder of my estate of every nature and wherever situate, together with all insurance policies thereon, to my children, NANCY DAWN BENOIST, 1 RSP. 4.'-"'~-.. . ~.-. :r:.:;--:~7.~..___",.,.....:::-._--:x~:t:::t-~-~=-:-:-. -=::-:'~.----c ___. .... ....._ .~"T."~_""._,,,,~~. - JAMES R. RITTER AND DAVID A. RITTER, absolutely, share and share alike i in the event any of my children predeceases me or dies within ninety (90) days of my death, then his or her share to go equally to his or her children then living, per stirpes and not per capita, otherwise to the survivor of them. ITEM IV: I direct that any and all taxes that may be assessed in consequence of my death, including all inheritance, estate and transfer taxes imposed upon my estate passing under my will or otherwise, shall be paid out of the principal of my residuary estate as a part of the expense of the administration of my estate. ITEM V: I authorize and empower my personal representative to compromise, adj ust, release and discharge in such manner as my personal representative may deem proper, all debts and claims owed by or to me or my Estate; to sell, lease or exchange at public or private sale or in such manner, at such prices, and upon such terms of credit or otherwise, as my personal representative may deem proper, all or any part of my property, real or personal; to exec ute, acknowledge and deliver instruments of conveyance, including deeds in fee simple; to borrow money for the purpose of paying estate, inheritance or other taxes which are required to be paid and to secure any such loans by pledge or mortgage of all or any part of my property and to execute the necessary instruments to carry out such powers; to distribute my estate in kind or partly in money or partly in. kind, and to determine the fair value at which 2 les~ -'.... _.........::...,~.,...~~....,-....~._" '. ~.~....~ ~ any property so distributed in kind shall be received by the distributees; to conduct any business in which I have an interest at the time of my death, for such period as my personal representative may deem proper, power to borrow money and pledge assets of the business and the power to do all other acts that I, in my lifetime, could have done, to delegate such power to any partner, manager or employee without liability for any loss occurring therein and to organize a.corporation to carryon said business as capital to such corporation and accept stock in the corporation in lieu thereof and hold such stock for the uses of this my Will, and to vote said stock or sell the same as to my personal representative may seem best; to retain all stocks, assets, bonds and investments owned by me without being confined to what is known as legal investments; to execute any options to purchase, to apply for stocks, bonds or other investments, to purchase or otherwise acquire real estate and to execute the same powers thereover as hereinbefore provided, to retain indefinitely any part of my assets, real or personal, which is or may become unproductive or to make sale thereof; to pay carrying charges and expenses of the property out of other principal or income of my estate; to invest and reinvest in all forms of property without restriction to investments authorized for pennsyl va.nia fiduciaries, as my personal representative deems proper, without regard to the principle of diversification or risk; to exercise any law-given option to treat administrative expenses either as income tax or as 3 r?s .._--~ -:-.:--~-:--:-:-.;:-:-.~-~.~-:--".........-:--~--- -..- _.v.... -~:._ ":--'.~;c-~.- ._ . '-:-~;-r.:~~_-::~-- -----;;- --,.~ estate deductions, without regard to whether the expenses were paid from principal or income. The powers herein conferred shall be to my named personal representative and all successors thereto and shall be in addition and not in limitation of other powers conferred on said fiduciary. Any and all paYment or paYments of any sum or sums, whether in cash or in kind and whether for principal or income payable to any beneficiary shall be made upon the sole receipt of the respective beneficiary to whom the paYment is made and free from anticipation, alienation, assignment, attachment, and pledge and free from control by the creditors of any such beneficiary. ITEM VI: All shares of principal and income hereby given shall be free from anticipation, assignment, pledge or obligation of the beneficiaries and any of them and shall not be subject to any execution or attachment, levy or sequestration or other claims of the creditors of said beneficiaries or any of them. ITEM VII: I nominate, constitute and appoint my spouse, AUSTIN F. RITTER, as the sole Executor of this my Last will and Testament, to serve without bond. In the event of the renunciation, death, resignation, refusal or inability to act for any reason whatsoever of the said AUSTIN F. RITTER, I nominate, constitute and appoint my three children, namely NANCY D. BENOIST, JAMES R. RITTER AND DAVID A. RITTER as the Executors of this my Last will and Testament, to serve without bond. IN WITNESS WHEREOF, I, RUTH S. RITTER, have, t:o this my Last 4 Pc Will and Testament, set my hand this 30 kkday of Or~ , 19~ . Jl ZCA/ RUT S. RITT~ (SEAL) Signed, sealed, published and declared by RUTH S. RITTER, the above named Testatrix on the 3 () ;bI;;-. day of tY~/ , 19 'f~ , as for her Last Will and Testament, in the presence of us, who, in her presence, and in the presence of each other, have, at her request, subscribE~d our names as witnesses hereto. . ~ t2 MJ J!;(fA-J Na~ residing atrP.a.. ~/?k: ~.( jjO/J;; {g I?? /,- residing at 63 7 ~ rytP.I ~--J..,--.-tJ... {~ COMMONWEALTH OF PENNSYLVANIA COUNTY OF ~. SS WE, the undersigned, the Testatrix and the witnesses, respectively, whose names are signed to the foregoing instrument, being first duly sworn and qualified according to law, do hereby declare to the undersigned authority that we were present and saw the Testatrix sign and execute the instrument as her Will, and that she had signed willingly and that she executed it as her free and voluntary act for the purposes therein expressed, and that each of the witnesses, in the presence and hearing of the Testatrix, signed the will as witnesses and that to the best of their knowledge, the Testatrix was at that time eighteen years of age or older, of sound mind and under no constrain or undue influence, and I, the said Testatrix, do hereby acknowledge that I signed and executed the instrument as my Last Will and Testament, that I signed it 5 :......."".~..-. .._~...- ...._...-'...--...._-...~.- - ,iI.r~ .lIIIml. willingly, and that I signed it as my free and voluntary act for the purposes therein expressed. ~~J~ Testatrix"" RUTH S. RITTER f, ~/W tfff/~ ~/- I itness Sworn to and subscribed before me this ,30 a:. day of O(!.U, JI/4- 19 9r Not?:y.Atu~~.LA/ ~ ~L- My Commission Expires: NOTAR\AL SEAL publl4 MAR'f D. \lERTHAG~~~nly Fe,lN\eW wp.. M 7 2002 M eommisskm Ex ires . 6