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HomeMy WebLinkAbout05-31-06 REV _ 1500 EX.. (1__' w .... lO::;!;Ul OO::lO: lIl~g Glfal "- c( . REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT FilE NUMBER 21 05 COUNTY CODE YEAR 00820 NUMBER o 2. Supplemental Return o 4a. Future Interest Compromise (date of death after 12-'2-82) o 7. Decedent Maintained a Living Trust (Attach copy of Trust) o 10. Spousal Poverty Credit (date of death between 12-3'-9L~nd 1-1-95) THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: - ---- ----- .. ..- ------.-..- NAME COMPLETE MAILING ADDRESS Michael M. lerominski COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE DEPT. 260601 HARRISBURG, PA 17126-0601 DECEDENTS NAME (LAST, FIRST, AND MIDDLE INITIAL) Clayton, Howard W. .... z w o W o W o --- ----- DATE OF DEATH iMM-DD-YEAR) DATE OF BIRTH (MM:tD-YEAR) - SOCIAL SECURITY NUMBER 142-22-4315 THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS SOCIAL SECURITY NUMBER o 3. Remainder Return (date of death pnorto '2-13-82) o o 5. Federal Estate Tax Return Required 8. Total Number of Safe Deposit Boxes o 11. Election to tax under Sec. 9113(A)(Attach Seh 0) 28 S. Pitt St. Carlisle, P A 17013 (1) 62,000.00 (2) None (3) None (4) None (5) 19,996.60 (6) None (7) None (8) 8\ ,996.60 (9) 3,245.00 (10) 9,661.68 (11 ) 12,906.68 09/01/2005 12/21/1927 (12) 69,089.92 (IF APPLICABLE) SURVIVING SPOUSE'S NAME ( LAST, FIRST AND MIDDLE INITIAL) (13) 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) (14) 69,089.92 SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES 20. 0 15 Amount of Line 14 taxable at the spousal tax rate, x .00 (15) or transfers under Sec. 9116(a)(1.2) z .045 (16) 0 16.Amount of Line 14 taxable at lineal rate x ;:: c( .... :> (17) "- 17, Amount of Line 14 taxable at sibling rate x .12 :l: 0 (,) ~ 18 Amount of Line 14 taxable at collateral rate 69,089.92 x .15 (18) 10,363.49 .... 19 Tax Due (19) 10,363.49 ~ 1, Original Return o ~ o 4. limited Estate 6. Decedent Died Testate (Attach copy of Will) 9. litigation Proceeds Received ..... Ulz Ww 0::0 [5~ 0,,- FIRM NAME (If applicable) Turo Law Offices TELEPHONE NUMBER 717/245-9688 1. Real Estate (Schedule A) 2 Stocks and Bonds (Schedule B) 3, Closely Held Corporation, Partnership or Sole-Proprietorship z o ;:: :) i: ir c( o w 0:: 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) 10. Debts of Decedent. Mortgage Liabilities, & Liens (Schedule I) 11 Total Deductions (total Lines 9 & 10) 12 Net Value of Estate (Line 8 minus Line 11) CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. >> BE SURE TO ANSWER ALL QUESTIONS ON REVERSE SIDE AND RECHECK MATH<< Copyright 2000 form software only The Lackner Group, Inc. Form REV-1500 EX (Rev. 6-(0) \'/ Decedent's Complete Address: STREET ADDRESS 80 Fairview Street CITY Carlisle STATE PA ZIP 17013 Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2 Credits/Payments A Spousal Poverty Credit B. Prior Payments C. Discount (1) 10,363.49 Total Credits (A + 8 + C) (2) 0.00 3. InteresVPenalty if applicable D Interest E. Penalty TotallnteresVPenalty (0 + E) 4. If Line 2 is greater than Une 1 + Line 3, enter the difference. This is the OVERPAYMENT. Check box on Page 1 Line 20 to request a refund 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. 8. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (3) 0.00 (4) (5) 10,363.49 (5A) (58) 10.363.49 Make Check Payable to: REGISTER OF WILLS, AGENT PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS Did decedent make a transfer and: Yes No a. retain the use or income of the property transferred;....... ..................................... ~ I b. retain the right to designate who shall use the property transferred or its income;.. c. retain a reversionary interes!; or................................ . ................................. .. ...................... d. receive the promise for life of either payments, benefits or care?.................................... ........................ 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration?........................... . ............................. ................ ... ................ 0 t8l 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death?.. 0 t8l 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation?.... ........................ . ................................................. 0 181 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. correct and complete. Declaration of preparer other than the personalrepresentat,ve is based on an informan""ofwhich preparerhasanyknowledge SIGNATURE OF PERSON RESPONSIBLE FOR FlUNG RETURN ADDRESS Ka~n SlUSS. er \'.' ~ J~ ~~' ./ 1-..--,- ~- _ . - ~ # C.. .. ............ ........ HUU 'IGNA TU~PERS N R SPONSIBLE FOR FlUNG ~URN DATE 61 Marilyn Drive Carlisle, 1> A 17013 .7(' J 14l ~ ((-' DA~:f ADDRESS /)J1t1~{ 1!1~ /J ~ SIGNATURE OF PREPARER O~THAN REPRESENTATIVE Michael M. Jeromioski ADDRESS ( 17 i ;./ >:/-, ...J. '- ".../(j/ D,t..TE 28 S. Pitt St. Carlisle, P A 170 I 3 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. 99116 (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)J. 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 *' SCHEDULE A REAL ESTATE COMMONWEALTH OF PENNSYLVANIA tNHERIT ANCE TAX REnJRN RESIDENT DECEDENT ESTATE OF Clayton, Howard W. FILE NUMBER 21 - 05 - 00820 All real property owned solely or as a tenant in common must be reported at fair market value. Fair market value is defined as the price at which property would be exchanged between a willing buyer and a willing seller, neither being compelled to buy or sell, both having reasonable knowledge of the relevant facts. Real property which is jointly-owned with right of survivorship must be disclosed on schedule F. ITEM NUMBER I DESCRIPTION VALUE AT DATE OF DEATH 62.000.00 80 Fairview Street Carlisle. PA 17013 TOTAL (Also enter on Line 1, Recapitulation) 62,000.00 ESTATE OF *' SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT Clayton, Howard W. FILE NUMBER 21 - 05 - 00820 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 I DESCRIPTION VALUE AT DATE OF DEATH 152.09 Geico Insurance Refund 2 Checking Account 12,263.08 3 1994 Saturn SL I VTN# IG8ZH5594RZ250073 2,500.00 4 Members 1st Federal Credit Union Savings Account # 51227 79.70 5 Cash 139.38 6 Federal Income Tax Refund 974.00 7 Console Color Television 25.00 8 Miscellaneous Used Furnishings 100.00 9 Miscellaneous Kitchen Items 75.00 10 Yard and Garden Tools 25.00 11 Jewelry 50.00 12 Compact Discs and VHS Tapes 500.00 13 Washer and Dryer 100.00 14 Comfort Mobility Adjustable Bed 3,013.35 TOTAL (Also enter on Line 5, Recapitulation) 19,996.60 '. COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Clayton, Howard W. 5CI-EDlLE H Fl.teW.. EXPENSES & 1OJ6S1RA11VE COS1S FILE NUMBER 21 - 05 - 00820 Debts of decedent must be reported on Schedule I. ITEM NUMBER A. DESCRIPTION AMOUNT FUNERAL EXPENSES: Auer Memorial Home and Cremation Services B. ADMINISTRATIVE COSTS: Personal Representative's Commissions 1. Social Security Number(s) I EIN Number of Personal Representative(s): Street Address City Year(s) Commission paid State Zip 2. Attorney's Fees Turo Law Offices 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 5. Accountant's Fees 6. Tax Return Preparer's Fees 7. I Other Administrative Costs Central Penn Business Journal Advertise Estate Total of Continuation Schedule(s) TOTAL (Also enter on line 9, Recapitulation) 85.00 3,000.00 85.00 75.00 3,245.00 COMMONWEALTH OF PENNSYLVANIA iNHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Clayton, Howard W. 2 Cumberland Law Journal Advertise Estate SchecUe H Funeral Expenses & AdTinistraINe Costs continued FILE NUMBER 21 - 05 - 00820 75.00 Page 2 of Schedule H *' SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Cla)1on, Howard W. FILE NUMBER 21 - 05 - 00820 Include unreimbursed medical expenses. ITEM I NUMBER I DESCRIPTION AMOUNT Geico Insurance 73.00 2 I Comfort Mobility 3.013.35 . Adjustable Bed 3 PPL Electric 102.35 4 South Middleton Township 99.00 Water and Sewer 5 Comcast Cable 125.96 6 Sprint 12.04 Long Distance 7 Sprint 120.56 Local 8 Waste Management 42.39 9 PPL Electric 48.35 10 Speedy Rooter. Inc. 273.00 Plumber 11 Dauphin Oil Co. 120.45 12 PPL Electric 41.13 I3 H & R Block 90.00 14 Speedy Rooter, Inc. 249.00 Plumber 15 Karen Slusser 24.00 Extra Short Certificates (paid out-of-pocket) Total of Continuation Schedule(s) TOTAL (Also enter on Line 10, Recapitulation) 5,022.10 9,661.68 COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Clayton, Howard W. Include unreimbursed medical expenses. ITEM NUMBER 16 17 SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS continued DESCRIPTION Karen Slusser Register of Wills fees (paid out-of-pocket) Settlement Charges 80 Fairview Street Carlisle, P A 17013 FILE NUMBER 21 - 05 - 00820 AMOUNT 205.00 5,022.10 Page 2 of Schedule 1 - - .--! LAST wILL AND TESTA&illNT OF HOWARD Wo CLAYTON f'c..J I, HOWARD W. CLAYTON, Social Security Number 142-22-4315, of the state of Pennsylvania, declare that this is my LAST WILL AND TESTAMENT and I revoke all other wills and codicils previously made by me. FIRST: I appoint KAREN A. SLUSSER as my Personal Representative concerning this Will. 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 unsupepvised administration 80 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 Pe~8onal Representative is unable O~ does not desire to qualify ~~ ancillary legal representative, I appoint as such ancillary legal representative such individual or corporation as my Personal Representative shall de8ignate~ In w~iting_ b. I direct my Personal Representative to pay the expenses of my last illness, the expenses of a runeral appropriate to my station in lire and custom of living (including a suitable monument or marker for my grave)! and w~itten charitable pledges which I have made. I grant my Personal Representative the power to extend or renew any debt for such time a8 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 after my death cs may be p~acticable~ and to payor deliver every legacy or bequest to my beneficiaries without waiting ~n'! ~~liiC that may bE believed to be customary 1~ probate matters. /~ ;> /'- - +:- ___~i!~~~{~~_____ P .fu3E 1 4: F f~GE3 ~ ---Jf(..z..---- /J / j)/ (:1/f:1/ t , ~ / ~ c. I h8."J'G served +.'h,-, ^.,.".....,...,,,-.,~ t:;'.......1'"~r,t,,-.......... _of +-'h.~ TT,......j +-~.K Cof-.......+r-..-..a Vl.1C ~:...t.!.II.CU .,l..W,;.\-:Ct;;.> U.:. V.Lz.~ u..J;..l..v<;.:;;-......:. :..Jvu.....e..::::.. Therefore, I direct my Personal Representative to consult with a Legal Assistance Attorney at the nearest military installation and with the Department of Veterans Affairs and the Social Security Administration to ascertain if there are any benefits to which my family members are entitled by virtue of my military service. q):;'f"(\1\TTi' '-'..L......cU ,-".:,.u 4.J . I give~ devise and bequeath, absolutely and foreve~p 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 KAREN A. SLUSSER as her sole and absolute property if she shall survive me. 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. FOURTH: twenty (120) tHe, and the Any beneficiary who fails to hours after my death shall be gift to that beneficiary shall survive until one hundred deemed to have predeceased 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 also include step-children, the natural born or adopted children of a person's spouse. 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 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. - -" '-11. c. The term "issue" as used in this Will means all persons who are descended from the person referred to either by legitimate birth to or legal adoption by that person, or any of that descendant's legitimately born or legally adopted descendants. d. The term .Personal Representative" as 11."~,,,r1 in t.his V<.J:ill '..~'. .-. ,-- ._-, ,..... 1:'''->::: c...;, i'-=' EX2cutcr~ . E}.:eC;1.J.t.pi},: . In.dependent EXcCi-1.t.Or-r ~ UL' 2.ny .-. ...... -r:-.. .-. .0;.-_ ,_, i..J..!.i~':::.:.. ...... .1 ~ "'i ,_ _ 4:' '.or i. w J.. C '_'-=--' , ..l. T.. _-. .i. J.. E\'. '= imDGPt which is used to de8c~ib2 such a fiduciary. n):;' .:1" 1:'!1 0- H' c~ .;. ..c. "'''''--''...",,:'--' .c-:: d---~-, V 'Z.?_- ..J -~-j{:(': <-- /) ;J /f/ (1/jCJ!~ , , ~"-- _ J~~!J~~f0:Z0_ __ II ,j P LOc):;' ') .;.. ..- -........ ""-' e. The term "per stirpes" as used in this Will means that .._1_ ~ ._. _. ~ ~ ._. ~ VVllc.lit: vt::.i' a dist~ibution is to be made to the desCendantz of ~ny person, the prope~ty to b~ distributed shall be divided into a8 many 8ha~e8 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 rnan n e:r . 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. 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 effective and fully operative. My Personal Representative may seek and obtain 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 _~~~21~y__8~~~s~L~s~~______, this ~~~' day of ~~J~~~~~___, 19yJ____ set my hand and seal to this my LAST WILL AND TESTAMENT, consisting of 4 typewritten pages, each page b2aping my handwritten signature. r __)fifJVftjLLLUL~~~____________(SEAL) HOWARD W. CLAYTON j .--;-- _. ~.L_(::.{tl~~_ PiWE :3 i', l~ Ii ;;.-~ , :=ol~-__ /),j Y:/ -~~~.' OF 4 P PlCiES i'f1l-.......... ~_.,,"""""'_<"-_":'~_^ .{..........-.4-00,.,.....""'..-.......+ .1..l.!.C J..U1.-C6V.L.1i.E J....l.l~......L~U.AU.C.!il.J "vu.;:::::' , 3..1:. /' - ~ i - __ I . f=; ~ I, , -.",..~'-D.::::;~r--"'-'€.A,j).::,;>7-!'::!:~:l..U:d.'=--____ , L;.,_ - ,~~-t:v, d-u _c ..J J- L .~_r- GL1.L;:; _~__ ""y VL !.22_~~-L~'-_' 193J_. signed, sealed, published and declared by HOWARD W. CLAYTON, 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 ppesence of each other, have hereunto subscribed our names as attesting witnesses, and we de 80 verily believe that the said testator is of ~ound and disposing mind and memory at the date hereof. _~.1._~ ~~tJ.-"-t!...Lm_- OF ~~~D_~__________ OF _iJ2_L~Jl~~!~_ __ _ - _ _ _ 1>13. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _LA_d~Lc _ _~ tL _ _ _ ___ __ /J / I J '/ - --tik _lY~c4({~~~ - i 7-> OF ___~~~~_~_________ .0/1 ( IT, /. / i /,-' // -h- _____~_u~~_t/rf~~0{fJ~__ ! J Ii P ~4.GE 4: r) i!4 ii~; lJ~ ------~ J _ ~~'-="-- /).iu/ __!::.~!YK-"- OF 4 PAGES