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HomeMy WebLinkAbout05-05-06 ~EV' EX + ;6-00) . INSOLVENT COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE DEPT. 280601 HARRISBURG, PA 17128-0601 REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT DECEDENTS NAME (LAST, FIRST, AND MIDDLE INITIAL) ~ z w C w o w c DeSisto Richard E. DATE OF DEATH (MM-DD-Year) DATE OF BIRTH (MM-DD-Year) 01/10/2006 05/02/1931 (IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST, AND MIDDLE INITIAL) DeSisto RoseMarie W I- ~:$(J) (Ja:~ w Q.(J xOo (Ja:....I Q.[!l Q. <C lXl1. Original Return o 4_ Limited Estate lXl 6. Decedent Died Testate (Attach copy of Will) o 9. Litigation Proceeds Received o 2. Supplemental Return o 4a. Future Interest Compromise (date ot death after 12-12-82) o 7. Decedent Maintained a Living Trust (Attach copy of Trust) o 10. Spousal Poverty Credit (dale of death between 12-31-91 and 1-1-95) OFFICIAL USE ONLY FILE NUMBER 2 1 -0 6 0 1 3 6 ""ColiNTY"CoDE -YEA~ - - 'NUMBER- - SOCIAL SECURITY NUMBER o 3 3 - 2 2 - 7 9 1 6 THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS SOCIAL SECURITY NUMBER 2 0 5 - 5 6 - 5 2 1 1 D 3. Remainder Retum (dale 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) (Attach SchO) I- Z W C Z o Q. C/) W a: a: o (J NAME William A. Addams Es uire FIRM NAME (If Applicable) COMPLETE MAILING ADDRESS 27 W. High S1. TELEPHONE NUMBER 717-243-7638 Carlisle, PA 17013 z o i= < ..J ;:) ~ a:: < o w a: 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 Property (Schedule G or L) 8. Total Gross Assets (total Lines 1-7) 9. Funeral Expenses & Administrative Costs (Schedule H) (9) (1) (2) (3) (4) (5) (6) (7) 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) 14. Net Value Subject to Tax (Line 12 minus Line 13) SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES z o i= ~ => a. :E o o >< < ~ 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 (a)(1.2) 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 19. Tax Due X _(15) X _(16) X .12 (17) X .15 (18) (19) 20. 0 CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT OFFICIAL USE ONLY -) f'-,_.) ,~-~'"} . , ~) I I C.I 26,571.72 --~ f ) ( ,,) L:-' (8) 26,571.72 56,702.62 (11) (12) (13) 56,702.62 -30,130.90 (14) -30,130.90 N ~ Decedent's omplete ress: STREET ADDRESS 917 Cavalry St. CITY I STATE I ZIP Carlisle PA 17013 C Add Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) (1) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount Total Credits (A + B + C) (2) 3. Interest/Penalty if applicable D. Interest E. Penalty TotallnteresUPenalty (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. (58) Make Check Payable to: REGISTER OF WILLS, AGENT PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN II X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No a. retain the use or income of the property transferred; ........................................................................... 0 00 b. retain the right to designate who shall use the property transferred or its income; ........................................ 0 00 c. retain a reversionary interest; or ...................................................................................................... 0 00 d. receive the promise for life of either payments, benefits or care? ............................................................. 0 00 2. If death occurred after December 12,1982, did decedent transfer property within one year of death without receiving adequate consideration?.............................................................................................. 0 00 3. Did decedent own an "in trust for' or payable upon death bank account or security at his or her death? ................. 0 00 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? ....................................................................................................... 0 00 IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. SIGNATURE OF PR , ~ DATE S-- 0 - CJ (, ADDRESS 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. ~9116 (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. ~9116 (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. ~9116(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. 99116(1.2) [72 P.S. 99116(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. COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF DeSisto. Richard E. REV-150B EX + (6-98) SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY ITEM NUMBER 1. 2. FILE NUMBER 21 06 Include the proceeds of litigation and the date the proceeds were received by the estate. All property jointly-owned with right of survivorship must be disclosed on Schedule F. 0136 VALUE AT DATE OF DEATH 5,120.00 21,451.72 DESCRIPTION Personal property, see attached list and appraisal Penn Treaty Network America Insurance Company, refund of long term care policy premium TOTAL (Also enter on line 5, Recapitulation) $ (If more space is needed. insert additional sheets of the same size) 26571.72 REV-1511 EX+(12-99) . *' COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS FILE NUMBER ESTATE OF DeSisto. Richard E. ITEM NUMBER A. 1. 2. 3. 4. 5. 6. 7. 8. B. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 21 06 0136 Debts of decedent must be reported on Schedule I. DESCRIPTION AMOUNT FUNERAL EXPENSES: Ewing Brothers Funeral Cumbo Valley Memorial Gardens, grave opening Cumbo Valley Memorial Gardens, casket, crypt K of C, funeral hall for dinner Wayne Noss, flowers The Grocery, dinner supplies Giant, food for funeral meal Cosco, food for funeral meal 6,336.49 525.00 4,467.00 150.00 408.10 75.80 90.57 269.90 ADMINISTRATIVE COSTS: Personal Representative's Commissions Name of Personal Representative (s) Social Security Number(s)/EIN Number of Personal Represenlative(s) Street Address City Slate Zip Year(s) Commission Paid: AttomeyFees William A. Addams, Esquire Family Exemption: (If decedenfs address is not the same as claimant's, attach explanation) Claimant RoseMarie DeSisto Street Address 917 Cavalry St. City Carlisle State P A Relationship of Claimant to Decedent wife 2,000.00 3,500.00 Zip 17013 Probate Fees Register of wills 85.00 Accountanfs Fees Tax Return Preparer's Fees Evening Sentinel, advertising, estimated Cumberland Law Journal, advertising UPS fees Office Max, copying Certified mail expenses Postmaster, stamps/flag UPS fees American Express, last bill Nextel, cell phone expenses Linden Hall antiques appraisal M& T Bank, line of credit - one half of the amount due ($2,997.93) Members 1st Federal Credit Union, one-half of car loan $16,919.68 139.00 75.00 63.87 16.73 12.75 13.65 28.42 47.90 71.13 85.00 1,498.96 8,459.84 TOTAL (Also enter on line 9, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 56.702.62 Continuation of REV-1500 Inheritance Tax Return Resident Decedent DeSisto, Richard E. Decedent's Name Page 1 21 06 0136 File Number Schedule H - Funeral Expenses & Administrative Costs - B7. ITEM NUMBER DESCRIPTION AMOUNT 19. Members 1st Federal Credit Union, one-half of First Mortage on 917 Cavalry St. in the amount of $56,310.94 Sleep Analysis Consultants, sleep study for Richard, bal. after ins. pays 28,155.47 127.04 20. SUBTOTAL SCHEDULE H-B? 28,282.51 COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF SCHEDULE J BENEFICIARIES FILE NUMBER DeSisto Richard E. 21 06 0136 RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE 1. TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 9116 (a) (1.2)J 1. RoseMarie DeSisto wife all real estle, 1/4 share of 917 Cavalry St. woodwork, ~35% of Carlisle, PA 17013 residue 2. Joseph Kovacs stepchild Russian Olympic coins 3 Gentry Dr. 1/4 sh.woodwork, 15% Palmyra, P A 17078 residue 3. Daniel J. Jascavanco and Garnett K.Jacavanco stepchildren 1/4 woodwork, 15% of 95 High St. residue Andover, MA 01810 4. Lisa A. Fitting and Samantha R. Fitting 1/4 woodwork, 35% 11 Abbey Ct. daughters of residue to Lisa; 10% Carlisle, P A 17013 of residue to Samantha 5. Edward DeSisto son $5,000.00 P.O. Box 1301 Park City, Utah 84060 6. Robert DeSisto, Cory R. DeSisto Robert - $1,000 17 Eagle Crest Dr. son and Cory $500 Chester, N.H. 03036 grandson ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS 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 TAXiS NOT BEING MADE 1. B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS 1. Bosler Free Library 46 W. High St. Carlisle, PA 17013 - technical books 2. Cumberland Perry Vocational Tech. School Mechanicsburg, PA 17055 - test equipment TOTAL OF PART IT - ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET $ .. (If more space IS needed, Insert additional sheets of the same size) To: William P. Douglas, Attorney 27 High Street Carlisle, PA 17013 From: William G. Rowe, Appraiser 211 Old Stone House Rd. Carlisle, PA 17013 Re: Personal Property Appraisal Estate of Richard E. Desisto 917 Cavalry St. Carlisle, PA 17013 Date: February 9, 2006 STORAGE SHED - OUTSIDE Cement mixer Generator Compressor Wheelbarrows (2) Ladders (2) Shredder Power washer Ladder Miscellaneous hardware Folding ext. ladder Lawn I garden long handle tools Lawn mower Edger Workmate bench Hoses Lumber Floor jack Weed eater Tubs UPSTAIRS Record collection Alabaster plates Books 2 Chinese Fu dogs WORKSHOP Craftsman power drill Craftsman saws - all Tap I dye sets Disc / belt Sando combo Voltage regulator Miscellaneous tools Carpenter tools Mason tools Desisto Appraisal LINDEN HALL ANTIQUES 211 OLD STONE HOUSE ROAD CARLISLE, PA 17013 717 -249-1978 $150.00 $125.00 $85.00 $25.00 $35.00 $40.00 $65.00 $10.00 $15.00 $40.00 $35.00 $40.00 $15.00 $15.00 $10.00 $10.00 $15.00 $25.00 $5.00 $75.00 $50.00 $10.00 $30.00 $75.00 $85.00 $10.00 $60.00 $30.00 $50.00 $35.00 $30.00 02/09/2006 Bits Cords 5 Testers Hammer drill 6 Testers Frequency meter Battery load tester Battery charger Power screw driver Lamps Sorter cabinets Oscilloscope KRM Test regulator Hand tools Step down transformer Craftsman tool cabinet, 6-drawer wI tools Right angle drill Bit sharpener Cutout tool Hold on drill 1/4" drill Stool M-2 gauge maker Pressure gauge File cabinet Hardware / screws, etc. Fan Radio Cameras Scales Large metal cabinets (2) @ $35 each M6C-10 microscope Multi-meters (3) Ex-Tech power analyzer Pressure gauges Radio meter Nicolet oscilloscope Carpenter tools Router 6" disc I sander I polisher Dremel Sander Battery charger Detail sander Industrial cordless stapler Ladders (2) Shop Vac Bench scroll saw Heater Cord reel Clamps Ryobicutter Small compressor Chicago 12" slide compound saw Electrical wiring Drill hammer Sander w/ vacuum $15.00 $10.00 $75.00 $30.00 $90.00 $75.00 $45.00 $30.00 $15.00 $10.00 $15.00 $55.00 $50.00 $45.00 $40.00 $250.00 $65.00 $40.00 $25.00 $25.00 $15.00 $10.00 $30.00 $25.00 $20.00 $25.00 $10.00 $10.00 $25.00 $10.00 $70.00 $50.00 $75.00 $50.00 $40.00 $15.00 $125.00 $30.00 $30.00 $15.00 $30.00 $10.00 $20.00 $10.00 $15.00 $20.00 $20.00 $50.00 $10.00 $5.00 $50.00 $75.00 $30.00 $150.00 $15.00 $30.00 $70.00 Desisto Appraisal 2 02/09/2006 H.D. concrete drill Ceiling fan Craftsman radial arm saw w/ vacuum Guardin drill press Wilton floor model band saw Grizzly metal lathe w/ attachments Bench grinder $75.00 $5.00 $300.00 $125.00 $200.00 $350.00 $25.00 OFFICE Chairs (2) Desk / chair Cabinet Older model computer Reference books Cabinet Collection of antique testers $10.00 $95.00 $35.00 $20.00 $30.00 $15.00 $200.00 BASEMENT Chair / foot stool Books $30.00 $10.00 TOTAL $5,120.00 ,-...-" William G. Rowe Desisto Appraisal 3 /-- r2--- 02/09/2006 ~ :;:/0 , ... '" '" .~ .u ';:a ro ~ .~. e .......:E % ; .; ~ j~.,~i(... ~~~~ i~ ~~~,~ . ". ..;)>l <( :;.., 12': 'c'E"- ~ III c:>~. ............~ ::> .s~.~ iC.;ga ~ :5;f~. ..... ....~ g ;ji i(!~ ~..,.... ~ .'[M.!........ .................. .....;................. . rill ". . .......? . ~ ~ ~ ~ ~. ~( ~ !i ~g:: ~ .~ (':J r-- r-i Ll) '<:!' r-i (':J -ur iC iC iC iC iC I.D o o (':J ......... Ll) (':J ......... '<:!' o o rt l'Il H l'Il !!z1 Q I'z1 '<:!' o Q U") ~ 7 Of-l~ HPilO ~Pilr-- P::r-i ftIf-1 oCJ)pr: 1'z1;>i rt P:: , lCC~~ rt~CJ) l'IlUH I'z1 H 1'z1r--p:: =r-i~ rtO\U .. o ~I o....~. ...0 ~ .... I:C ri"I ..r ~ ... ri"I o o o o .... ru ~ ri"I o Ln o o o .... ri"I o II. - ~ ru o i:C ru [\- Ln ~ ~ A An T l' 1 C"'<. Penn Treaty Network America Insurance COlnpany (PTNA Life Insurance Company in CA) American Network Insurance Company April 27, 2006 The Estate of Richard E. Desisto 917 Cavary Street Carlisle, PA 17013-1504 RE: Policy # P414044 Dear Sir or Madam: Enclosed please find check #572802 in the amount of $21,451.72 representing Return of Premium Benefit refund on the above mentioned policy. If you should have any questions, please feel free to call my toll free number 1-800-222-3469 ext. 3716. Sincerely, PENN TREATY NETWORK AMERICA INSURANCE COMPANY V~ ()\)~ Pixie O'Donnell Policyholder Service Department Enclosure T"'lo'-'" T"t "nEE . 1 n., ,......... /n{"\^\ ~ E'-" "",," ,-,1r\\ r\,,, Ar-../ Welcome to M&T Online Banking :v1A\' -1. 2006 Accounts Transfers ACCOUNT SUMMARY> OVERDRAFT DETAIL Overdraft - Line of Credit Links: Make a Payment I View Statements I E;xport Data I Transfer Funds Upcoming Transactions ($0.00) Account Overdraft 7011 Next Payment Credit line $0.00 $7,200.00 Due Date CJ,trrent Balance" ~e8 12.750% Available Credit * May not include fees or other charges that have accrued. Please call 1-800-724-2440 for payoff information. View Calendar View Calendar Show Last 10 Transactions - or- View From To ",Post Dilte 04/2412006 03/23/2006 0310112006 TrallJi~tjon Desc-ffirtion PAYMENT - THANK YOU PAYMENT - THANK YOU AUTOPAY - MINIMUM PAYMENT Line of Credit accounts are offered through M&T Bank, NA Bill Pay 04/29/2006 $2,997.93 $4,233.28 GO Debit/Credit $690.00 $2,000.00 $155.67 Page 1 of 1 Custo" Can I Pay Overdra1 Cmdit U~ Bank Yes, click 0 Payment" ir section to tl you'll go to Transfers/IV Payments ~ where you ( a same-da} using an eli account. ~M&fBank @2006 Manufacturers and Traders Trust Company. Users of this web site agree to be bound by the provisions of the M&T Web Banking- Conditions. View the Terms and Conditions, Privacy Policy or Security Information. t;l~ ~!'~Wl~~,t\: Jan 01 , 2006 thru Jan 31, 2006 Account Number: 176312 Page: 2 of 2 02 - INDIRECT NEW AUTOS Date Transaction Description Jan 01 Balance Forward Jan 16 Payments Transfer From Share 00 Jan 31 Ending Balance Annual Percentage Rate 4. 990% Daily Rate. 013671% Amount Interest Fees Principal Balance 16,919.68 319.29- 16,600.39 16,600.39 391.00 71.71 0.00 YTD SUMMARIES TOTAL DIVIDENDS PAID 00 REGULAR SAVINGS 05 MONEY MANAGEMENT 0.20 0.00 Total Year To Date Dividends Paid NOTE: Total includes closed shares TOTAL LOAN INTEREST PAID 01 FIRST MORTGAGE 02 INDIRECT NEW AUTOS 280.03 71.71 0.20 Members 1st Federal Credit Union Online - My Accounts - View Account Details Page I of 1 Back to Regular Version You may sort your account register by date, 10, or amount by clicking on the appropriate column heading. Account: INDIRECT NEW AUTOS/D3 Current Account Information Current Balance Available Balance 'Year to Date Interest Payoff Amount As Of 05/01/2006 05/01/2006 05/01/2006 05/01/2006 Baiance $15,628.65. $0.00 $200.27 : $15,660.70 i Summary Information i Interest Rate ( Prior Year Interest , Next Payment Date i Next Payment Amount 4.990 $0.00 05/16/2006 $390.67 Transaction History Credit Date and ID i Description Principal Paid Interest Paid ! Total Amount Paid Balance 04/16/2006 Payment - From Share 00 $323.07 $67.60 ! $390.67 $15,628.65 Back to Regular Version Members 18t Federal Credit Union Online - My Accounts - View Account Details Page 1 of 1 Sack to Regular Version You may sort your account register by date, lD, or amount by clicking on the appropriate column heading. Account: ARST MORTGAGE/02 Current Account Information Current Balance Available Balance j Year to Date Interest Payoff Amount As Of 05/01/2006 05/01/2006 05/01/2006 05/01/2006 Balance $56,310.94 $0.00: $1,259.13 $56,310.94 i Summary Information i Interest Rate i Prior Year Interest i Next Payment Date Next Payment Amount 5.250 $3,270.12 06/01/2006 $773.72 Transaction History Credit Date and 10 Description Principal Paid Interest Paid Total Amount Paid Balance , Credit ! Date and 10 Description Principal Paid Interest Paid Total Amount Paid Balance Credit Date and 10 Description Interest Paid Total Amount Paid ! Balance 05/01/2006 Payment - From Share 00 $545.02 : $228.98 i $774.00 $56,310.94 i 04/05/2006 Payment (04/03/2006) $576.49 i $197.51 i $774.00 $56,855.96 04{01{2006 Payment - From Share 00 $75.10 $75.10 $57,432.45 Back to Regular Version ", CODICIL 1, RICHARD E. DeSISTO, of 917 Cavalry Street, North Middleton Township, Cumberland County, Pennsylvania, do hereby make this Codicil to my Last Will and Testament, dated February 25, 2002, as follows: FIRST: Paragraph 7 of my said Will shall now read as follows: "7. I nominate, constitute and appoint my spouse, Rosemarie DeSisto, as Executrix of this my Last Will and Testament. In the event my spouse is deceased, unable or unwilling to serve or shall cease to serve for any reason whatsoever, then I nominate, constitute and appoint my attorney William A. Addams, as personal representative of this my Last Will and Testament. I direct that my personal representative shall not be required to give or post bond for the faithful performance of his, her or its duties in this or any other jurisdiction." SECOND: I wish to delete Paragraph 8 of my said Will. IN WITNESS WHEREOF, I have hereunto set my hand and seal this the _ /~~ day of December, 2004, to this Codicil to my Last Will and Testament dated February 25,2002. . C//~4~ (SEAL) ,.-/ Subscribed and sealed by the testator in the presence of us and of each of us, and at the same time published, declared and acknowledged by him, by us to be a codicil to his last will and testament, and thereon we, at the request of the said Testator, and in his presence, and in the presence of each other, have hereunto subscribed our names as witnesses: ,;;~'{;;:/-;~:":~~~~;:-;7 ::~<: 7 )",j/?/i:e~ >~ ,-./~c~~t~ ./ ..-,r~. G_-~.~ - - ,...--. '-!' c(O)[Py I' CO:M:MONWEALTH OF PENNSYLVANIA COUNTY OF CUMBERLAND We, (d/;t~~ //,1/i-~ff:: and ~ - ~ , the witnesses whose names are signed to the attached or forego in instrument, being duly qualified according to law, do depose and say that we ere present and saw testator sign and execute the Codicil to his Last Will and Testament dated February 25, 2002, and that he signed willingly, and that he executed it as his free and voluntary act for the purposes therein contained, that each of us in the hearing and sign of the testator signed the Codicil as witnesses; 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. _/.. /'-J_.--"'.~;-;" ./ c~/./..../.- /~. /-, ,,-J"'/"'-<"::~~'>/'_' .?-'< ~/>/~/....-:, _./.- _/;/ . / /~,,<'''1./~ ;/ <.". /~~;/k'J.C-~~ _ ~/~~~ r " ,.-., Sworn to and subscribed before me lto +t.. this day of December, 2004. ~ .. ,'~' : >i,j:.JC;{-,:.'; -~:0:j'; . ,,-' I C0}.,1Jy10NWEALTH OF PENNSYLV AN1A COUNTY OF CU1vffiERLAND I, Richard E. DeSisto, whose name is signed to the attached or foregoing instrument, having been duly qualified according to law, do hereby acknowledge that I signed and executed the instrument as the Codicil to my Last Will dated February 25, 2002, that I signed it willingly; and that I signed it as In Y free and voluntary act for the purposes therein expressed. ~ -::\ / .//~ Sworn to and subscribed before me this ! 0 Tl.. day of December, 2004. \~j.~ Notary ~;~u~::;(;~~!i ~~(;~j /;;f;B Nl. COX; Notary PubHG .\ ;~~O(OUDh~ CLn-n!Jed~nd ,!.;'d~':~..~ior~ Ek~)tr8:~; J~1~Y 1';\ ~~,_-_,!, / ,.//" . ,,' LAST WILL AND TESTAMENT OF RICHARD E. DESISTO I, RICHARD E. DeSISTO of 917 Cavalry Street, North Middleton Township, Carlisle, Cumberland County, Pennsylvania, being of sound and disposing mind, memory and understanding, do make, publish and declare this to be my Last Will and Testament, hereby revoking and making void all previous Wills and Codicils heretofore made by me. 1 I order and direct my personal representative hereinafter named to pay all of my just debts, funeral expenses and expenses involved or connected with the administration of my estate as soon after my death as is reasonably possible. However, my personal representative need not accelerate and pay those unmatured obligations which, in his, her or its opinion, it might be proper and more advantageous to retain or renew and pay as they become due and payable. If I do not own a burial plot or a grave marker at the time of my death, I authorize my personal representative, in his, her or its sole discretion, to purchase a burial plot and to erect a suitable grave marker at my grave, and to expend sums from my estate for this purpose. 2 Provided they survive me by thirty (30) days, I give, devise and bequeath the following property with all insurance proceeds thereon as follows: "\ a. I give all of my real estate to my spouse, ROSEMARIE DeSISTO. b. I give my Russian Olympic coins from 1980 to my stepson, JOSEPH KOVACS, of Palmyra, Pennsylvania. Page 1 of 8 I 0'- ~ 99 ~ LAST WILL AND TESTAMENT OF RlCHARD E. DeSISTO c. I give all of my technical books to BOSLER FREE LIBRARY of Carlisle, Cumberland County, Pennsylvania. d. I give my tools and woodworking equipment, to be divided equally, to my spouse, ROSEMARIE DeSISTO, my step-son, JOSEPH KOVACS, my step-son-in-law, DANIEL J. JACA V ANCO, of Chelmsford, Massachussetts, and my daughter, LISA FITTING, of Carlisle, Cumberland County, Pennsylvania. e. I give my "test equipment" to CUMBERLAND PERRY VOCATIONAL TECHNICAL SCHOOL, of Mechanics burg, Cumberland County, Pennsylvania. f. I direct that all cash and securities that lawn be used to pay any and all joint mortgages, debts, credit cards that I may be liable for or may be jointly liable for. 3 Providing they survive me by thirty (30) days, after the distributions referenced in Paragraph 2 above, I give, devise and bequeath the following property with all insurance proceeds thereon as follows: a. I give the sum of $5,000.00 to my son, EDWARD DeSISTO, of Park City, Utah. b. I give the sum of $1,000.00 to my son, ROBERT DeSISTO, of Chester, New Hampshire. c. I give the sum of $500.00 to my grandson, CORY R. DeSISTO, of Chester, New Hampshire. I nominate, constitute and appoint my daughter-in-law, ELLEN DeSISTO, of Chester, New Hampshire, as Guardian of any property which passes to said child due to my death. Said Guardian shall have the power and authOlity in their discretion to apply income or principal to the support and education of said children, and to make payments for these purposes. I direct that no Guardian shall be required to give orpost bond for the faithful performance of the Guardian's duties in this or any other jurisdiction. Page 2 of 8 " LAST WILL AND TEST AMENT OF RICHARD E. DeSISTO Any devise or distribution under this paragraph of my Last Will and Testament which is payable to my grandson, CORY R. DeSISTO, and if he is under TWENTY-ONE (21) years of age or, in the judgment of my personal representative, mentally disabled, shall be held in a separate trust by my daughter-in-law, ELLEN DeSISTO, as Trustee until CORY R. DeSISTO reaches TWENTY -ONE (21) years of age during such period of disability. During the term of any trust created pursuant to this Paragraph, the Trustee is authorized to expend and apply so much ofthe net income and principal of each such trust as the Trustee shall consider advisable for the health, maintenance, support, and education (including college education, undergraduate and graduate) of each such beneficiary lmtil he or she attains TWENTY-ONE (21) years of age, or until all such amounts are paid out of trust. I direct that no Trustee shall be required to give or post bond for the faithful performance of the Trustee's duties in this or any other jurisdiction. 4 Providing they survive me by thirty (30) days, after the distributions referenced in Paragraphs 2 and 3 above, I give, devise and bequeath the remainder of my estates, together with all insurance proceeds thereon as follows a. I direct that the remainder of my estate shall be disbursed as follows: (1) I give thirty-five (35%) percent to my spouse, ROSEMARIE DeSISTO. (2) I give twenty-five (25%) percent to my daughter, LISA A. FITTING. (3) I give ten (10%) percent to my granddaughter, SAMANTHA R. FITTING, of Carlisle, Cumberland County, Pennsylvania. Any devise or distribution under this Last Will and Testament which is payable to my granddaughter, SAMANTHA R. FITTING, and if she is under TWENTY-ONE (21) years of age or, in the judgment of my personal representative, mentally disabled, shall be held in a separate trust by my spouse, ROSEMARIE DeSISTO, as Trustee until SAMANTHA R. FITTING reaches TWENTY-ONE (21) years of age during such period of disability. During the term of any trust created pursuant to this Paragraph, the Trustee is authorized ~. .. ~ LAST WILL AND TEST AMENT OF RICHARD E. DeSISTO to expend and apply so much of the net income and principal of each such trust as the Trustee shall consider advisable for the health, maintenance, support, and education (including college education, undergraduate and graduate) of each such beneficiary until he or she attains TWENTY-ONE (21) years of age, or until all such amounts are paid out of trust. I direct that no Trustee shall be required to give or post bond for the faithful performance of the Trustee's duties in this or any other jurisdiction. (4) I give fifteen (15%) percent to my step-son, JOSEPH KOVACS. (5) I give fifteen (15%) percent to my step-daughter, GARNETT K JACA V ANCO, of Chelmsford, Massachussetts. 5 I grant my personal representative the following powers in addition to and not in limitation of such powers as my personal representative shall hold by law: (a) To retain all property received including the stock of any corporate fiduciary acting hereunder, provided such property remains productive. (b) To join in any corporation, partnership, recapitalization, merger, reorganization or voting trust plan; to delegate authority with respect thereto; to deposit investments under agreements and pay assessments; and generally to exercise all rights of investors, including but not limited to, the voting of shares. (c) To manage, operate, repair, improve, mortgage or lease on any terms any real estate held or owned by my estate. (d) To operate any business that I may own at my death. (e) To invest any funds of my estate in any stocks, bonds, notes or other securities or property, real or personal, without regard to the principle of diversification or any other statute or general rule of law in his, her or its absolute discretion, it being my intention to give mypersonal representative the broadest investment powers possible, Page 4 of 8 --