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REV. 1500 EX + (6001)
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OFFlCAL USE ONL \(
REV-1500
INHERITANCE TAX RETURN
RESIDENT DECEDENT
FILE NUMBER
21 06
COUNTY CODE YEAR
SOCIAL SECURITY NUMBER
00475
NUMBER
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
DEPT. 280001
HARRISBURG, PA 17128-0601
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i DECEDENT'S NAME (LAST, FIRST, AND MIDDLE INITIAL)
I MASSARO, MARGARET L.
I. DATE OF DEATH (MM-DD-YEAR)
05/06/2006
1---
I(IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST AND MIDDLE INITIAL)
218-07-9601
THIS RETURN MUST BE FILED IN DUPLICATE WITH THE
REGISTER OF WILLS
SOCIAL SECURITY NUMBER
6. Decedent Died Testate (Attach copy
01 Will)
9. Litigation Proceeds Received
o 2. Supplemental Return
o
o
o
4a. Future Interest Compromise (date 01 death after
12-12-82)
7, Decedent Maintained a Living Trust (Attach
copy ofTrust)
10, Spousal Poverty Credit (date 01 death between
o 3. Remainder Return (date of death prior to 12-13-82)
o 5. Federal Estate Tax Return Required
8. Total Number of Safe Deposit Boxes
o 11. Election to tax under Sec. 9113(A) (Attach Sch 0)
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IRM NAME (II applicable)
I Coyne & Coyne, P.c.
tELEPHONE NUMBER
717/737-0464
,
~1. Original Return
" ; Ul 0 4. Limited Estate
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U...CD
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DATE OF BIRTH (MM-DD-YEAR)
10/11/1914
1. Real Estate (Schedule A)
2, Stocks and Bonds (Schedule B)
3. Closely Held Corporation, Partnership or Sole-Proprietorship
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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)
I COMPLETE MAILING ADDRESS
i 3901 Market Street
I Camp Hill, PA 17011-4227
I
(1 )
OFF!CIAL USE ONLY
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)
None
(2) None
--------- .--_.-
(3) None
(4) None
(5) 134,864.92
(6) None
(7) None
(9) 18,221.50
(10) 1,997.56
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(8)
134,864.92
(11 )
20,219.06
114,645.86
(12)
(13)
13. Charitable and Governmental Bequests/See 9113 Trusts for which an election to tax has not been
made (Schedule J)
P Net Value Subject to Tax (Line 12 minus Line 13)
. SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES
(14)
114,645.86
5,159.06
5,159.06
20. 0
CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT.
15. Amount of Line 14 taxable at the spousal tax rate, x .00 (15)
or transfers under Sec. 9116(a)(1.2)
z 114,645.86 x .045 (16)
0 16. Amount of Line 14 taxable at lineal rate
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... 17.Amount of Line 14 taxable at sibling rate x .12
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0
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>< 18. Amount of Line 14 taxable at collateral rate
c( x .15 (18)
...
19. Tax Due (19)
Copyright 2000 form software only The Lackner Group, Inc.
Form REV-1500 EX (Rev. 6-00)
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SCHEDULE E
CASH, BANK DEPOSITS, & MISC.
PERSONAL PROPERTY
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
_ ________L
-- - --- ~
___n...____
ESTATE OF
MASSARO, MARGARET L.
FILE NUMBER
21 - 06 - 00475
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
DESCRIPTION
VALUE AT DATE OF
DEATH
-------..--..- -------
10,493.13
Wachovia Checking Account No. 1010099933957
2
Wachocia Savings Account No. 3000023306681
53,842.89
3
Beneficial Savings Bank, Checking Acct. No. 1900016005
11,374.97
4
Beneficial Savings Bank, Certificate of Deposit No. 1932701560
12,512.78
5
Citizens Bank Checking Acct. No. 6100616088
28,019.54
6
Citizens Bank Certificate of Deposit No. 6140-781094
18,321.61
7
Misc. Personal effects
300.00
TOTAL (Also enter on Line 5, Recapitulation)
134,864.92
. Transmi t tal
6/8/2000 11:12 AM ~AU~
llUU2
rax werver
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-
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'WAcHOV'.lA.
Reference ID: 1648766
Wa.;hovia Bank N.A.
Balance Confirmation Services
POBox 40028
Roanoke, VA 24022.7313
lIme 9, 2006
COYNE & COYNE
AITORNEYS AT LAW
3901 MARKET STREET
CAMP HILL, PA 17011
SUBJECT. Verification / Confilmation of Account and Balance Infonllation provided for:
Customer. MARGARET M MASSARO (SSN# 218-07-9601)
Date of Deatb: May 6, 2006
Deposit Account IDformation
Account
Type
Account
Number
DateofDemh
Ballll1re
Awrage
Balance'
Date
Opened
Moaturity In_ Accrued YTD Date
DIJte Rate InIerest Interest Paid CIOlled
CHECKING I()lOD99933957
LEGAL TfnE: NiARGARET MASSARO
LUCILLE /vi ~~iNGLER POA
$10,491. 75
8/1212004
$L38
$510
SAVINGS 3000023306681
LEGAL TfnE: MARGARET MASSARO
$53,830.72
3/7/2001
$12.17
$132.56
* Due to sysrem limiiaiiolls, we .:all only provide a 1welve month average balance on depository accounts.
x Transmittal
6/9/2006 11:12 AM PAGE
2/002
Fax Server
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6!'.- _
~HOVIA.
Reference ID: 1648766
.. Date of death balance does not include accrued interest.
· If date of death oo::urrs on a weekend or a I1.ctiday, date of death balance does not include any transactions that were
made during tha11ime period.
H-JS~
Jennifer Straub
Scnricenter Associate
Phone: (540)563-7323
bm;js
iitl Beneficial
SAVINGS BANK
530 WALNUT STREET
PHilADELPHIA, PA 19106-3696
215-864-6000
June IS, 2006
Coyne & Coyne, P.C.
Attn: Lisa Marie Coyne
3901 Market Street
Camp Hill, PA 17011-4227
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Re: Estate of Margaret M Massaro, Dec'd
Dear Ms. Coyne:
Thank you for your letter advising us of your representation of the
above named Estate. Please be advised that the value of the accounts
held by the decedent, as of the date of death are:
Date of Death: May 06, 2006
Checking :#1900016005
Principal: $ 11,374.18
Interest: .79
Total: $ 11,374.97
Title: Margaret M Massaro
Lucille Klinger, Agent
Opened: 01/18/05
Earnings from 01/01/06 to 05/06/06: $22.07
Certificate
Principal:
Interest:
Total:
:#1932701560
$ 12,506.70
6.08
$ 12,512.78
Title: Margaret M Massaro
Lucille Klinger, Agent
Opened: 09/30/98
Earnings from 01/01/06 to 05/06/06: $105.83
Thank you for this opportunity to be of service. If you have any
questions, please feel free to call me at (215)864-6055.
~;y=:erelY_'---J /J
~~
- Patricia z&wieja
Manager
Ec;tate Department
Member Federal Deposit Insurance Corporation
Citizens IBank
525 William Penn Place
Suite 153-2618
Pittsburgh, PA 15219
July] 2,2006
- .~--
LISA MARIE COYNE Esq
390 I MARKET ST
C;\\I1P HILL PA 17011-4227
'jUL I 7 '1;'~.;I"
lUGo
Estate of MARGARET M MASSARO
Date of Death: May 06, 2006
SSN: 218-07-9601
Dear Madam:
[n accordance with your request, the attached information sheet has been provided in the above decedent's
name as of her date of death.
The decedent had 2 active accounts at the time of her death and she had no Safe Deposit Box.
F or I L or LC accounts, contact our Loan Department at 1-800-708-6680. For all other inquiries, please
cal] 1-888-999-6884
Sincerely,
Phillip Lynch
Operations Services
Citizens Bank
\)GL
I 7
r-~\ccount Number 6100616088
~\ccount Title MARGARET M MASSARO
Date Opened 10/4/2000
Account Type Checking
Principal Balance as of DOD $28,019.54
f--
1 nterest from Last Posting to DOD $.00
Account Balance as of DOD $28,019.54
YTD Interest to DOD $105.34
Citi.zensBank
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count Number 6140-781094
count Title MARGARET M MASSARO
te Opened 11/3/2000
count Type Time Deposits
'ncipal Balance as ofDOD $18,311.69
erest from Last Posting to DOD $9.92
count Balance as of DOD $18,321.61
D Interest to DOD $150.40
*'
SCHEDULE H
FUNERAL EXPENSES &
ADMINISTRATIVE COSTS
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT :
______..._____..1
ESTATE OF MASSARO, MARGARET L.
FILE NUMBER
21 - 06 - 00475
Debts of decedent must be reported on Schedule I.
ITEM
NUMBER
A.
DESCRIPTION
AMOUNT
1.
FUNERAL EXPENSES:
Flowers
1,920.00
2. Headstone Engraving
400.00
3. Reception
1,130.85
B. ADMINISTRATIVE COSTS:
1. Personal Representative's Commissions
Lucille M. Klingler
Social Security Number(s) I EIN Number of Personal Representative(s):
Street Address 22 Victoria Way
City Camp Hill
Year(s) Commission paid 2006
6,395.00
State P A
Zip 17011
2.
Attorney's Fees Coyne & Coyne, P.c.
6,395.00
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
Cumberland County Register of Wills
260.00
5. Accountant's Fees
6. Tax Return Preparer's Fees
7. Other Administrative Costs
I Postage 39.00
2 Inheritance Filing Fee 15.00
Total of Continuation Schedule(s)
1,666.65
TOTAL (Also enter on line 9, Recapitulation)
18,221.50
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
MASSARO, MARGARET L.
3
Estate Checks
Schedule H
Funeral Expenses &
Adninis1ratNe Costs cootinued
4
Legal Advertisement-- Cumberland Law Journal
5
Legal Advertisement-- Patriot News
6
Toll Calls for Executrix
7
Mileage for Executrix @ $.48/mile
8
Income Tax Preparation Fee
9
Reserves
10
Lodging for Executrix
11
Toll Charges
I FILE NUMBER
I 21 - 06 - 00475
Page 2 of Schedule H
15.00
75.00
103.65
15.00
288.00
150.00
500.00
500.00
20.00
.
SCHEDULE I
DEBTS OF DECEDENT, MORTGAGE
LIABILITIES, & LIENS
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
_1 ....________ ________..___
I FILE NUMBER-----
21 - 06 - 00475
ESTATE OF
MASSARO, MARGARET L.
Include unreimbursed medical expenses.
ITEM
NUMBER
------
1 Uncleared Checks
DESCRIPTION
AMOUNT
638.00
2
Carlisle Regional Hospital
952.00
3
West Shore EMS
161.92
4
Aetna Insurance-- Prescription Drugs
233.64
5
Manor Care
12.00
TOTAL (Also enter on Line 10, Recapitulation)
1,997.56
REV.1513 EX+ (9'()O)
ESTATE OF
NUMBER
I.
2
3
4
5
6
7
8
9
SCHEDULE J
BENEFICIARIES
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
FILE NUMBER
21 - 06 - 00475
MASSARO, MARGARET L.
RELATIONSHIP TO I'
NAME AN~_~_DDRESS OF PERSON(=_~~=~=I_~INGP~OPE_~~_-----r----Do_~~;~~~~(S)___ __~~~~~I~tA~_~~
TAXABLE DISTRIBUTIONS (include outright spousal distributions)
Jessica Ann Freed
Caleb Thomas Sebra
Granddaughter 1,000.00
Grandson 1,000.00
Grandson 1,000.00
Grandson 1,000.00
Granddaughter 1,000.00
Daughter 1/4 of Residual Estate
Son 1/4 of Residual Estate
Daughter I 1/4 of Residual Estate
Son 1/4 of Residual Estate
Philip Andres Sebra
Anthony L. Massaro, III
Jennifer Massaro
Lucille Klingler
Richard 1. Massaro
Rosemarie Sebra
Anthony L. Massaro, Jr.
I
I
I
Enter dollar amounts for distributions shown above on lines 15 through 18, as appropriate, on Rev 1500 cover she
II. 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 SHEE
-'- \
LAST WILL
OF
MARGARET M. MASSARO
I, Margaret M. Massaro of Narberth, Montgomery County, Pennsylvania,
declare this to be my will, hereby revoking any an~ all former wills and
codicils.
I. Specific Beauest: I give One Thousand ($1000.00) Dollars to each of my
grandchildren who survives me by 8i~ty (60) days.
II. Personal and Household Effects: I give all of my articles of personal or
household use, including automobiles, to those of my children who survive me by
sixty (60) days, to be divided among them as they may agree. If they cannot
agree to such a division within four (4) months after my death the division shall
be maaeas my executor may th-ink' appropriate. My executor may make whatever
arrangements my executor deems appropriate for storing and delivering such
ar'ticles of personal or household use to the beneficiaries and may pay the cost
thereof and any related expenses, including insurance, as an expense of
administration. I request that my executor and my children follow the
instructions in any memorandum made by me directing the disposition of all or any
part of my articles of personal or household use.
III. Residuary Estate: I give the residue of my estate, real and personal, in
equal shares to those of my children who survive me by sixty (60) days, or in the
,~
case of a child who does not so survive me, I give his or her share to his or her
issue per stipes. In default of issue by my son, Richard J. Massaro, his share
shall pass to his wife, Mary Massaro; provided she survives me by sixty (60)
days. In default of issue by my daughter, Lucille Klingler, her share shall pass
to her husband, Kenneth O. Klingler, provided he survives me by sixty (60) days.
IV. Death Taxes: All federal, state, and other death taxes payable because of
my death on any property passing under this will shall be paid out of my estate
as an admini~tration expense. All such taxes on any property not passing under
this~ill shall be paid by each person receiving such property.
V. Protective Provision: To the greatest extent permitted by law, before
actual payment to a beneficiary, no interest in income or principal shall be (i)
assignable by a beneficiary or (ii) available to anyone having a claim against
a beneficiary.
VI. Manaqement Provisions: I authorize my executor:
A. Retain/Invest: To retain and to invest in any form of real or personal
property anywhere which, in my executor's opinion, is appropri?te for my estate
or trust, without being required to diversify;
B. Compromise: To compromise claims and to abandon any property which,
in my executor's opinion, is of little or no value;
C. Borrow: To borrow from anyone and to pledge property as security for
repayment of any funds borrowed;
D. Sell/Lease: To sell at public or private sale, to exchange or to
lease, for any period,of time, any real or personal property, and to give options
for sales or leases;
E. Real Estate: To partition, subdivide, or improve real estate and to
2
.~:.:~:"~~~~~~~.:;"~~-L-:~'}~~f~?~~.,";~:T.~~~~~':>;'~;;::':::..;r~:L_~"~i..~~~'"iS'Sf~~~:.\~~:;:.:..,:,~,:;~,<:.~:;i;t~,~~;;;:~;::~~",-~,,~}:.i:~;:;:,;i::'-.:if::J::li;:~}~~~~~::,;-'::;~;;Q~~4:;:O;2..~'"?E";:~7:_:;':;;_~~~_",,-:",,- ;~~ ~~ - "'_ -:~._~:;~'~:::,--~~",--~-.,~~";f ~--.'7;,..,...,....~~
..-.-.- .- -"-----~-. -- _. -..--.--..-.-" _._-_._~---- .._---"---
-----'-_..---------,._----_..~-_._---_.__.-------------------+~_._->.._..._-- - _.. _.,,- -
enter into agreements concerning the parti tion, subd~ vision, improvement, zoning,
or management of any real estate, and to impose or extinguish restrictions on any
such real estate;
F. Capital Chanqes: To join in any merger, reorganization, voting-trust
plan, or other concerted action of security holders and to delegate discretionary
duties with respect to those powers;
G.
Jl.llocate:
To allocate any property received or charge incurred to
principal or income or partly to each, as my executor may think appropriate,
without regard to any law defining principal and income;
'"
H. Distribute: To distribute in cash or in kind, and to allocate specific
assets among the beneficiaries in such proportions as my executor may think best,
so long as the tota~ market value of any beneficiary's share is not affected by
such allocation; and
1.
Professional Advice:
To retain and pay any agents, employees,
accountants, counsel (including but not limited to legal and investment counsel)
for advice and other professional services, provided, however, no fiduciary
acting hereunder shall be obligated to follow such advice.
These provisions shall continue in full force until the actual distribution
of the property.
The investment provisions and all other provisions,
authorities, and discretion given under my will shall be in addition to those
granted by law, shall continue until the distribution of the property, shall be
exercisable without court authorization and, unless exercised in bad faith, shall
be conclusive upon all the beneficiaries.
VII.
Executor and Trustee:
I appoint my daughter, Lucille Klingler, as
executrix under this will., In the event that she should for any reason fail or
ceas~ to act or be unabie to serve, I appoint my son, Richard J. Massaro, in her
place. I direct that:
3
..-------------.-------------------- ----------,.
A. Any executor may resign at any time without court approval;
and
B. No executor shall be reqUired to give bond or security.
Executed
7~3
, 1997.
l1b~1~ ~ 9Jfd/J-d4#)
"- ( - MARGARET M. MASSARO
(SEAL)
In our presence the above-named testatrix signed this and declared it to
be her will, and now 'at her request, in her presence, and in the presence of each
other, we sign as witnesses:
Witnesses:
f'./~~
~4 /j.fifttiF_veP
7
()r~-eJ / M
Address I .
4~~7fYLt
~ Addre6Y, /
4
COMMONWEALTH OF PENNSYLVANIp.
ss.
COUNTY OF MONTGOMERY
I, Margaret M. Massaro, testatrix, whose name is signed to the attached or
foregoing instrument, having been duly qualified according to law, do hereby
acknowledge that I signed a~d 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.
Sworn or affirmed to and subscribed to before me by the undersigned
testatrix this S.f..-L day of %r..W~ 1997.
1J[~ d/l$.?)J(, CJt04~
- Margaret M. Massaro
NOTARiAL SEAL
GRACE M. UTE, Notary Publi;::
Lower Marion Twp., County
My Commission Expkes june 21, 1999
COMMONWEALTH OF PENNSYLVANIA
ss:
COUNTY OF MONTGOMERY
.-
We, the undersigned witnesses whose names are signed to the attached or
foregoing instrument, being duly qualified according to law, do depose and say
that we were present and saw Margaret M. Massaro, the testatrix, sign and execute
the instr1.lment as her last Will; that she signed willingly and that she executed
it as her free and voluntary act fOL the purposes therein expressed; that each
of us in the hearing and si91?-t of the testatrix signed the Will as witnesses; and
that to the best of our knowledge the testatrix was at that time eighteen or more
years of age, of sound mind and under no constraint or undue influence.
Sworn or
witnesses, this
%-1-
to before me by the undersigned
. /..W~EsS
Lt r:
Notary Public
NOTAR1AL SEAL
GRACE M. LITE. Notary Public
-Lower Merion Twp., County
My Commission Expires June 21, 1999