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HomeMy WebLinkAbout04-11-06 REV -1500 EX + {~Ql W I- ,,:$<Il uO::" wo..u ,,00 uO::...J 0.. III 0.. 0<( ~ ()FF!(:~:'J.. U~3E CN1..\' REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT 0006 NUMBER COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE DEPT. 280601 HARRISBURG, PA 17128-0601 21 2006 YEAR COUNTY CODE DECEDENT'S NAME (LAST, FIRST, AND MIDDLE INITIAL) SEARS, JOHNF. SOCIAL SECURITY NUMBER 502-03-6515 I- Z W o w u w o DATE OF DEATH (MM-DD-YEAR) I' DATE OF BIRTH (MM-DD-YEAR) 12/21/2005 04/13/1918 (IF APPLICABLE) SURVIVING SPOUSE'S NAME ( LAST, FIRST AND MIDDLE INITIAL) i I THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS SOCIAL SECURITY NUMBER I I D 3. Remainder Return (date of death prior to 12-13-82) D 5. Federal Estate Tax Return Required 8. Total Number of Safe Deposit Boxes D 11. Election to tax under See, 9113(A) (Attach Sch 0) [81 1. Original Return D [81 D D 2. Supplemental Return D D D 4. Limited Estate 4a. Future Interest Compromise (date of death after 12-12-82) 7. Decedent Maintained a Living Trust (Attach copy of Trust) 10. Spousal Poverty Credit (date of death between 1 and 1-1-95 6. Decedent Died Testate (Attach copy of Will) 9. Litigation Proceeds Received AME !Z Lisa Marie Coyne ~ IRM NAME (If applicable) ~ Coyne & Coyne, P.c. ELEPHONE NUMBER 717/737-0464 COMPLETE MAILING ADDRESS 3901 Market Street Camp Hill, P A 17011-4227 (1 ) None (2) None (3) None (4) None (5) 128,305.42 (6) None (7) None (8) (9) 18,263.45 (10) 1,797.92 O~TjCjAL USE ONL.. Y 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 >= ::s => I- 0: 0<( u w 0:: 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) 128,305.42 11. Total Deductions (total Lines 9 & 10) (11 ) 20,061.37 108,244.05 12. Net Value of Estate (Line 8 minus Line 11) (12) 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) 108,244.05 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 108,244.05 .045 (16) 0 16.Amount of Line 14 taxable at lineal rate x >= ;'!: => 0.. 17.Amount of Line 14 taxable at sibling rate x .12 (17) ::;; 0 u ~ 18. Amount of Line 14 taxable at collateral rate x .15 (18) I- 19. Tax Due (19) 4,871.00 4,871.00 20. [81 CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. Form REV-1500 EX (Rev. 6-00) /~M f -~~r Copyright 2000 form software only The Lackner Group, Inc. ESTATE OF SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY FILE NUMBER 21 - 2006 - 0006 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 COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT _________0"_'__ --_._.~~...._..,.- SEARS, JOHN F. DESCRIPTION Members 1st FCU-- Savings Acct. No. 11887-00 2 Members 1st FCU-- Checking Acct. No. 11887-11 3 Members 1st FCU-- Investment Savings Acct. 11887-05 4 Members 1st FCU-- Certificate of Deposit No. 260785-45 5 Members 1st FCU-- Certificate of Deposit No. 260785-46 6 Memberst 1 st FCU-- Certificate of Deposit No. 260785-47 7 2004 Ford Crown Victoria (Fair Condition-- per Blue Book Value) 8 Misc. furniture and personalty TOTAL (Also enter on Line 5, Recapitulation) VALUE AT DATE OF DEATH 642.00 809.00 28,269.00 30,124.00 30,145.00 30,151.00 8,065.00 100.00 128,305.00 REGULAR SAVINGS ACCOUNT: Account Number/ Suffix Date Account Established Principal Balance at Date of Death Accrued Interest to Date of Death Total Principal and Accrued Interest Name of Joint Owner CHECKING ACCOUNT: Account Number/ Suffix Date Account Established Principal Balance at Date of Death Accrued Interest to Date of Death Total Principal and Accrued Interest Name of Joint Owner INVESTMENT SAVINGS ACCOUNT: Account Number/ Suffix Date Account Established Principal Balance at Date of Death Accrued Interest to Date of Death Total Principal and Accrued Interest Name of Joint Owner CERTIFICATES OF DEPOSIT: Account Number/Suffix Date Account Established Principal Balance at Date of Death Accrued Interest to Date of Death Total Principal and Accrued Interest Name of Joint Owner CERTIFICATES OF DEPOSIT: Account Number/Suffix Date Account Established Principal Balance at Date of Death Accrued Interest to Date of Death Total Principal and Accrued Interest Name of Joint Owner VISA CREDIT CARD ACCOUNT: Account Number Date Account Established Balance at Date of Death Name of Joint Cardholder Estate of: JOHN F. SEARS Date of Death: December 21,2005 Social Security Number: 502-03-6515 fvl~ MEMBERS 1st FEDERAL CREDIT UNION 11887 -00 10/01/1974 $642.01 $.35 $642.36 None 11887 -11 12/31/1979 $809.10 $.00 $809.10 None 11887 -05 10/07/1985 $28,238.61 $30.64 $28,269.25 None 260785 -45 10/31/2005 $30,075.42 $48.78 $30,124.16 None 260785 -47 10/31/2005 $30,091.48 $59.19 $30,150.67 None 4121449998014828 04/02/1991 $8.95 None 260785 -46 10/31/05 $30,087.92 $56.88 $30,144.88 None ME.RS 1S)f~ERA..L CREDIT UNION // ~~7 ;: /' -,U4PU /U~ Denise A. Wolfe / Insurance Services Supervisor February 9, 2006 ~ fa ?Co o .~// fJ"c"- I . -'-... . :-,7l 0"1,.(104 UW 5000 Louise Drive . Po. Box 40 . Mechanicsburg, Pennsylvania 17055 . 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Vehicle Condition Ratings Check Vehicle Title History Excellent $9,800 http://www.kbb.com/kb/ki.dll/kw.kc.ucp?kbb.PA;;PA041;&17011&;734644&;;uct;&3;FO;...1/4/2006 *' COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT I ESTATE OF SEARS, JOHN F. SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS FILE NUMBER 21 - 2006 - 0006 5,922.50 300.00 120.00 200.00 6,000.00 200.00 78.00 75.00 5,368.00 18,263.45 Debts of decedent must be reported on Schedule I. AMOUNT ITEM NUMBER A. FUNERAL EXPENSES: Malpezzi Funeral Home 1. 2. Reception 3. Obituary, Grand Forks, North Dakota 4. Flowers B. ADMINISTRATIVE COSTS: Personal Representative's Commissions 1. DESCRIPTION Social Security Number(s) / EIN Number of Personal Representative(s): Street Address City Year(s) Commission paid State Zip 2. Attorney's Fees Coyne & Coyne, P.c. 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. Probate Fees Register of Wills 5. Accountant's Fees 6. Tax Return Preparer's Fees 7. 1 Other Administrative Costs Postage 2 Legal Advertisement-- Cumberland Law Journal Total of Continuation Schedule{s) TOTAL (Also enter on line 9, Recapitulation) *' COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ScheWIe H Funeral Expenses & Mninistrative Cos1s continued ESTATE OF SEARS, JOHN F. 10 11 12 13 3 Legal Advertisement-- Patriot News 4 Filing Fee-- Inheritance Tax Return 5 Reserves 6 Storage Fee Rental 7 Mileage for Executrix @ $0.445 Lodging, Meals, Toll Calls, Absence from work for Executrix 8 9 Cleaning Supplies Estate Checks Moving and Cleaning Apartrnent--Shawn Norton Inspection, Repairs, and Registration of Car Income Tax Preparation Fee FILE NUMBER 21 - 2006 - 0006 Page 2 of Schedule H 100.00 15.00 2,000.00 110.00 534.00 2,000.00 40.00 150.00 13.00 206.00 200.00 *' COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF SEARS, JOHN F. SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS ---- ---------- Include unreimbursed medical expenses. ITEM NUMBER 1 Essex House 2 Dell Computers 3 Swiss Colony 4 Uncleared Checks 5 Verizon DESCRIPTION FILE NUMBER 21 - 2006 - 0006 TOTAL (Also enter on Line 10, Recapitulation) AMOUNT 1,035.00 81.00 156.00 209.00 317.00 1,798.00 REV-1513 EX+ (9-00) SCHEDULE J BENEFICIARIES COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF SEARS, JOHNF. FILE NUMBER 21 - 2006 - 0006 RELATIONSHIP TO DECEDENT Do Not List Irustee(sL AMOUNT OR SHARE OF ESTATE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY I. TAXABLE DISTRIBUTIONS (include outright spousal distributions) Kathleen Sears Daughter 1/2 Residual Estate 2 Theresa Sears Daughter 1/2 Residual Estate I Enter dollar amounts for distributions shown above on lines 15 through 18, as appropriate, on Rev 1500 cover she~t I I II. I 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 SHEEr REGISTER OF WILLS CUMBERLAND County, Pennsylvania CERTIFICATE OF GRANT OF LETTERS No. 2006-00006 Esta te Of: JOHN F SEARS PA No. 21-06-0006 (First. Middle, Last) a/k/a: Late Of: JACK SEARS LEMO YNE BOROUGH CUMBERLAND COUNTY Deceased Social Securi ty No: 502-03-6515 WHEREAS, on the 4th day of January 2006 an instrument dated February 11th 1997 was admitted to probate as the last will of JOHN F SEARS (First Middle, Last) a/k/a JA CK SEARS late of LEMOYNE BOROUGH, CUMBERLAND County, who died on the 21st day of December 2005 and WHEREAS, a true copy of the will as probated ~s annexed hereto. THEREFORE, I, GLENDA FARNER STRASBAUGH , Register of Wills ~n and for CUMBERLAND County, in the Commonwealth of Pennsylvania, hereby certify that I have this day granted Letters TESTAMENTARY to: KATHLEEN A SEARS who has duly qualified as EXECUTOR(RIX) and has agreed to administer the estate according to law, all of which fully appears of record ~n my office at CUMBERLAND COUNTY COURT HOUSE, CARLISLE, PENNSYL VANIA. IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed the seal of my office on the 4th day of January 2006. ,~A ./ .---{- <~J~ C.t.A ~J'1.<< Re Ister of Wills ~-.7'. ..' ,- .' be~ ~ / t;,;//#p.-;_ --;;/7 .~~ \. - t/'"" Deputy c::7 **NOTE** ALL NAMES ABOVE APPEAR (FIRST, MIDDLE, LAST) LAST WILL AND TESTAMENT OF JOHN F. SEARS I, JOHN F. SEARS, Social Security Number 502-03-6515, of the State of pennsylvania, declare that this is my LAST WILL AND TESTAMENT and I revoke all other wills and ~odi~ils previously made by me. FIRST: I appoint my daughter, KATHLEEN A. SEARS of Maryland as my Personal Representative concerning this will. If my daughter, KATHLEEN A. SEARS of Maryland is unable or fails to serve, I then appoint my daughter, THERESA A. SEARS of Pennsylvania to serve as my Personal Representative. a. I request that my Personal Representative be permitted to serve without bond or surety thereon and without the intervention of any court, except as required by law. I direct that my Personal Representative act in unsupervised administration so as to administer my estate with a minimum of court supervision. If it becomes necessary to have ancillary administration of my estate in any jurisdiction where my Personal Representative is unable or does not desire to qualify as ancillary legal representative, I appoint as such ancillary legal representative such individual or corporation as my Personal Representative shall designate, in writing. b. I direct my Personal Representative to pay the expenses of my last illness, the expenses of a funeral appropriate to my station in life and custom of living (including a suitable monument or marker for my grave), and written charitable pledges which I have made. I grant my Personal Representative the power to extend or renew any debt for such time as my Personal Representative shall deem appropriate. c. All estate, inheritance, succession and other death taxes with respect to all property passing under this my will shall be paid from and borne by the principal of my residuary estate, without regard to reimbursement, as if such taxes were administration expenses. My Personal Representative may pay such taxes at any time deemed advisable, whether or not then due and payable. d. My Personal Representative is requested to settle my estate as soon af.ter my death ,as may be pr,acticable, and to payor deliver every legacy or bequest.to rnyb~I!eficiaries without waiting any time that may be believed to be!customary in probate matters. /\ >k ~'7V""V U ~ /( 7t ' ~.J-^..:L- PAGE 1 - OF4 PAGES ~ '1/ \' /i, ~( .65/.1 ~ 1 I e. I have served in the Armed Forces of the united states. Therefore I direct my Personal Representative to consult with a Legal Assistanc~ Attorney at the nearest military installation and with the Department of Veterans Affairs and ~he Socia~ SecuritY,Administration to ascertain if there are any beneflts to WhlCh my famlly members are entitled by virtue of my military service. f. I may leave a letter of intent with the executed copy of this will for the purpose of giving guidance to my Personal Representative concerning the distribution or sale of certain items of my property. I request, but do not require, that my Personal Representative honor my wishes therein expressed. SECOND: I give, devise and bequeath, absolutely and forever, all of my estate and property of which I may be seized or possessed, or to which I may be entitled, at the time of my death, wherever situated or of whatever nature, be it real, personal, or mixed, to my daughters, KATHLEEN A. SEARS and THERESA A. SEARS and to any child or children that have been or may be born to or adopted by me, in shares of substantially equal value to be divided as they may agree. a. If any of my children shall not survive me, then the share of that deceased child shall go to the descendants of that child, who are to take per stirpes and not per capita. If any of my children shall not survive me and shall not be survived by any descendants, then the share of that deceased child shall be distributed to my surviving children and the descendants of any of my other children who fail to survive me, in the manner set forth above. b. If they are unable to agree, the division among my children and the descendants of any of my children who fail to survive me shall be made by my Personal Representative, in that person's sole and absolute discretion. I empower my Personal Representative to sell any or all of such property, if such property is not distributed in kind hereunder, and to distribute the proceeds among my said children in substantially equal shares. Any determination of my Personal Representative as to what should pass or be sold under this paragraph and to whom it should pass or be delivered or at what price it should be sold shall be conclusive. THIRD: Except as otherwise provided in this Will, I have intentionally failed to provide for any other relatives or other persons, whether claiming to be an heir of mine or not. Insofar as I have failed to provide in this will for any of my issue now living or later born or adopted, such failure is intentional and not occasioned by accident or mistake. ~ -. (\ Ii i i . iL: L -'" ',Q~\'v- /?' v X- \ /~---d-- PAGE 2 OF 4 PAGES ~ Vii <: ~-1t cjc ---off rJz9 , I I I \. ! .f FOURTH: Any beneficiary who fails to survive until one hundred twenty (120) hours after my death shall be deemed to have predeceased me, and the gift to that beneficiary shall be disposed of accordingly. FIFTH: Definitions: a. The term "children" as used in this will includes adopted and afterborn persons. The term "children" as used in this will shall not include step-children, the natural born or adopted children of a person's spouse who are not the natural born or adopted children of the person. A relationship by or through legal adoption shall be treated the same as a relationship by or through blood for purpose of succession to property under this will. b. The term "descendants" as used in this will means the immediate and remote lawful, lineal descendants by blood or adoption of the person referred to who are in being at the time they must be ascertained in order to give effect to the reference to them. c. The term "Personal Representative" as used in this will means Executor, Executrix, Independent Executor, or any other title of like import which is used to describe such a fiduciary. d. The term "per stirpes" as used in this Will means that whenever a distribution is to be made to the descendants of any person, the property to be distributed shall be divided into as many shares as there are (1) living children of the person, and (2) deceased children, who left descendants who are then living, of the person. Each living child (if any) shall take one share and the share of each deceased child shall be divided among his then living descendants in the same manner. SIXTH: In addition to any powers granted by the laws of the state in which this Will is probated, I hereby authorize and empower the fiduciaries named in this Will, to the extent of the discretion herein granted, to sell, exchange, convey, transfer, assign, mortgage, pledge, lease or rent the whole or any part of my real or personal estate, to invest, reinvest, or retain investments of my estate, to perform all acts and to execute all documents which my fiduciaries may deem necessary or proper in regard to my property. If any of my fiduciaries elect to receive compensation for services, such compensation will be that allowed by law. ^ /" ( \ 1/ ", I ,.J/ A/'" >;--.,v-~\. f I V atJ... .'. ~ i/; ,/~~,..'/'~"'-- PAGE 3 OF 4: PAGES :jfrI t/'\ I ~1 ,-, y( ,Ir .Vr ~& / ) ( I SEVENTH: If any part of this will shall be invalid, illegal, or inoperative for any reason, it is my intention that the remaining parts, so far as possible and reasonable, shall be effec~ive and fully operative. My Personal Representative may seek and obtaln court instructions for the purpose of carrying out as nearly as may be possible the intention of this will as shown by the terms hereof, including any terms held invalid, illegal, or inoperative. IN WITNESS WHEREOF, I have at Carlisle Barracks, Pennsylvania, on February 11, 1997, set my hand and seal to this my LAST WILL AND TESTAMENT, consisting of 4 typewritten pages, each page bearing my handwritten signature. This document was prepared under the authority of 10 D.S.C. section 1044, and implementing military regulations and instructions, by John T. Rothwell, who is licensed to practice law in the State of Arkansas. V~ARf' ~ (SEAL) The foregoing instrument was, at Carlisle Barracks, Pennsylvania, on February 11, 1997, signed, sealed, published and declared by JOHN F. SEARS, the testator, to be his LAST WILL AND TESTAMENT in the presence of all of us at one time, and at the same time we, at his request and in his presence and in the presence of each other, have hereunto subscribed our names as attesting witnesses, and we do so verily believe that the said testator is of sound and disposing mind and memory at the date hereof. ';t~ (i~ k~j(~~ \w.-~ kJe Soc.Sec.No. Soc.Sec.No. Soc.Sec.No. OF r!..Mt..1PWN.$h/P f'fr OF C-~A ~( OF CWt.d~ . F4 1/6/3 ..(1 /1 ,-r-. / L I I ~ . ;~ /v.......V"""......<...- d c ~_.A...,~ : / ~_/ PAGE 4 OF 4 PAGES ~ -t/ ~. f(,) v , ~ CO~~ONWEALTH OF PENNSYLVANIA CUMBERLAND COUNTY ACKNOWLEDGMENT I JOHN F. SEARS, testator, whose name is signed to the attached or for~going instrument, having been duly qualified according to law, do hereby acknowledge that I signed and executed the instrument as my Last Will; that I signed it willingly; and that I signed it as my free and voluntary act for the purposes therein expressed. ~~rr~ ~ N F. SEARS AFFIDAVIT (SEAL) We, Lep~ P G-pT4SJ(J-L , f!aPlvte(ovJ Ii jfoH-f'lov-qkvand 65~ G-C:OIf'-G€ , the witnesses, sign our names to this instrument, being duly qualified according to law, do depose and say that we were present and saw the testator sign and execute the instrument as his Last will; that the testator signed willingly and executed it as his free and voluntary act for the purposes therein expressed; that each subscribing witness in the hearing and sight of the testator signed the will as a witness; and that to the best of our knowledge the testator was at that time 18 or more years of age, of sound mind and under no constraint or undue influence. ~ ((.~ witness l~~ /f431~~ witness z3.d-e-,. witness ~d' Subscribed, sworn to and acknowledged before me by JOHN F. SEARS, the testator, and subscribed and sworn to before me by t f 0,) P. r:; () TA r j(J e. C sfet:: b-e-o e ~ ~AA- -- ',-- , JldI1M-e!cn~~ /iSfolA.ehi'dk.~, and , the witnesses, on February 11, 1997. ,:) C. .~<<fl~ NOTARY\PUBL~ ~y co~~ission Expires: i i I i C8.(;;~,~8 80;'0. . L__~;~~~:::~:'~;:~::~:<~::~~'~:~:. 8~~_~;s1 S22~1 RaSE.A. From: Sent: To: Cc: Subject: Lisa Coyne Tuesday, March 28, 2006 6:46 PM 'Kathleen Sears' Matt Seagrist; Ann Sears Estate 28 March 2006 Kathy: ~ w~1I be out of the office t~morrow through Friday. I have the inheritance tax return w/Anne for your signature A Indicated. you h~d a question concerning our invoice being less than the amount reflected on the Inheritance t~x ;e~~rn used a hlg~ e~tlmate of t~e atty. fees for the Return in order to take advantage of the discount and taxable net of th . estate. I will file the Inhentance Tax on Monday when I am back in the office. e Havin~ said that, as far as checks for tomorrow (or whenever you stop by to sign the Inheritance Tax Return) I ne d th following: . e e