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HomeMy WebLinkAbout08-02-06 (2) -.J 15056051058 REV-1500 EX (06-05) PA Department of Revenue Bureau of Individual Taxes PO BOX 280601 Harrisburg, PA 17128-0601 ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death OFFICIAL USE ONLY County Code Year File Number INHERITANCE TAX RETURN RESIDENT DECEDENT 21 06 0585 Date of Birth 193-01-5359 06/22/2006 06/02/1912 Decedent's Last Name Suffix Decedent's First Name MI Shearer Eugene M (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW . 1. Original Return 2. Supplernental Return 3. Remainder Return (date of death prior to 12-13-82) 5. Federal Estate Tax Return Required 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 11. Election to tax under Sec. 9113(A) between 12-31-91 and 1-1-95) (Attach Sch. 0) CORRESPONDENT - THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number 4. Limited Estate . 6. Decedent Died Testate (Attach Copy of Will) 9. Litigation Proceeds Received o 8. Total Number of Safe Deposit Boxes Johnna J. Kopecky Esq Firm Name (If Applicable) (717) 574-3931 REGISTER OF WILLS USE ONLY First line of address 718 Aspen Lane Second line of address City or Post Office State ZIP Code DATE FILED Lebanon PA 17042 r-..: Correspondent's e-mail address: Under penalties 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. Declaration of preparer other than the personal representative is based on all information of which pre parer has any knowledge. DATE 7 .. 2 'i -- (.~ ? SIGNATURl>iOF PERSON RESPONSIBtJO FOR FILING RETURN 7~~1t-t:L-cl lh. ;:..."&-<,,,,4..,, z--- ADORES,S l /:,'.'.,..../. ~" .;..' ',_,.,. (../;",r /;/ /' .{.... '7 . v,~ ~,. '-'" ~ c _ .." f., P',-L-t'F' .,L'. SIGNATURE OF ~~,Ei/'.RER O~'f~~NHEPRESENTATIVE / '-___1 ~:-I' ',' .f I ? ( DATE ADDRESS /~-~~ J { PLEASE USE ORIGINAL FORM ONLY '! ' Side 1 L 15056051058 15056051058 -.J ::;.,\ ..n~ l.v \J -.J 15056052059 REV-1500 EX Decedent's Name: Eugene M Shearer RECAPITULATION 1. Real estate (Schedule A). . . . . . . . . . . . .. 1. 2. Stocks and Bonds (Schedule B) . . . . . . . . . . . . . . . ..... ....... 2. 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C) 3. 4. Mortgages & Notes Receivable (Schedule D) . . . . . 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) . . . . . . .. 5. 6. Jointly Owned Property (Schedule F) Separate Billing Requested. . . . . .. 6. 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (Schedule G) Separate Billing Requested.. . 7. 8. Total Gross Assets (total Lines 1-7). . .......................... 8. 9. Funeral Expenses & Administrative Costs (Schedule H). . . . . . . . . . . . . 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I). . . . 10. 11. Total Deductions (total Lines 9 & 10).... . . 11. 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) .. . . . . . . . . . . . . . . . . 13. 14. Net Value Subject to Tax (Line 12 minus Line 13) . . . . . . . . . . 14. TAX COMPUTATION - SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 (a)(1.2) X.O_ 16. Amount of Line 14 taxable at lineal rate X.O 45 17. Amount of Line 14 taxable at sibling rate X .12 18. Amount of Line 14 taxable at collateral rate X .15 15. 147,571.46 16. 17. 18. 19. TAX DUE. . . . . . . . . . . . . . . . . 19. 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT 15056052059 Side 2 L 193-01-5359 Decedent's Social Security Number 4. 9. 156,870.95 156,870.95 9,173.80 125.69 9,299,49 147,571.46 147,571.46 6,640.72 6,640.72 15056052059 -.J REV-1500 EX Page 3 File Number Decedent's Complete Address: DECEDENT'S NAME Eugene M Shearer STREET ADDRESS 20 Heather Drive 21 06 0585 DECEDENT'S SOCIAL SECURITY NUMBER 193-01-5359 CITY Carlisle STATE PA ZIP 17013 Tax Payments and Credits: 1. Tax Due (Page 2 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount (1) 6,640.72 332.03 Total Credits (A + B + C ) (2) 332.03 3. InteresUPenalty 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. Fill in oval on Page 2, Line 20 to request a refund. (4) B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (5) (5A) (5B) 6,308.69 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. 6,308.69 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 No a. retain the use or income of the property transferred;.......................................................................................... 0 [K] b. retain the right to designate who shall use the property transferred or its income; ............................................ 0 [K] c. retain a reversionary interest; or.............,............................................................................................................ 0 [i] d. receive the promise for life of either payments, benefits or care? ...................................................................... 0 [i] 2. If death occurred after December 12,1982, did decedent transfer property within one year of death without receiving adequate consideration? ............................................................................................................. 0 [K] 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? ............. 0 [K] 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? ....................................................................................................................... 0 [K] IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. 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 three (3) percent [72 P.S. 99116 (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 zero (0) percent [72 P.S. 99116 (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 zero (0) percent [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 four and one-half (4.5) percent, 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 twelve (12) percent [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-1508 EX+ (6-98) . COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY ESTATE OF Shearer, Eugene M. FILE NUMBER 21-06-0585 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. ITEM NUMBER DESCRIPTION VALUE AT DATE OF DEATH 1 . Members First FCU Member #250095: Certificates of Deposit 80,278.20 25.00 2. Members First FCU Member #250095: Share Account 3. M & T Bank Account No. 267001471 11,397.12 4. M & T Bank, Certificate of Deposit 30,877.61 5. M & T Bank, Certificate of Deposit 10,296.76 6. M & T Bank, Certificate of Deposit 15,069.00 7. Blue Cross/Blue Shield Refund 178.80 8. PSERS Account balance 188.12 9. Proceeds from The Virginia Walker Estate (not paid during lifetime of Decedent) 8,560.34 TOTAL (Also enter on line 5, Recapitulation) $ 156,870.95 (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 Shearer, Eugene M FILE NUMBER 21-06-0585 Debts of decedent must be reported on Schedule I. ITEM NUMBER A. DESCRIPTION AMOUNT 1. FUNERAL EXPENSES: Hoffman-Roth Funeral Home, Carlisle, PA Carlisle Memorial Services (engraving) 5,361.80 185.00 2. B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Name of Personal Representative(s) Social Security Number(s)/EIN Number of Personal Representative(s) Street Address City State Zip Year(s) Commission Paid: 2. Attorney Fees 3,000.00 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 327.00 5. Accountant's Fees 6 Tax Return Preparer's Fees 150.00 7. Advertising: Carlisle Evening Sentinel 75.00 8 Advertising: Cumberland County Law Journal 75.00 TOTAL (Also enter on line 9, Recapitulation) $ 9,173.80 (If more space is needed, insert additional sheets of the same size) REV-1512 EX+ (12-03) '* SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Shearer, Eugene M. FILE NUMBER 21-06-0585 Report debts incurred by the decedent prior to death which remained unpaid as of the date of death, including unreimbursed medical expenses. ITEM NUMBER 1. DESCRIPTION VALUE AT DATE OF DEATH PP & L 86.19 2. EMBARQ 39.50 TOTAL (Also enter on line 10, Recapitulation) $ 125.69 (If more space is needed, insert additional sheets of the same size) REV-1513 EX+ (9-00) SCHEDULE J BENEFICIARIES COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Shearer, Eugene M. FILE NUMBER 21-06-0585 RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE I TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 9116 (a) (1.2)] 1 . Ronald M. Shearer, 32 Cambridge Ct., Carlisle, PA 17013 son 50% 2. Sandra L. Bossert, 106 East 6th St., Lititz, PA 17543 daughter 50% 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 $ (if more space is needed. insert additional sheets of the same size) SAIDIS, GUIDO, SHUFF & MAS LAND 26 w. High Street Carlisle, PA II II I LAST WILL AND TESTAMENT OF EUGENE M. SHEARER I, EUGENE M. SHEARER, of Carlisle, Cumberland County, Pennsylvania, being of sound and disposing mind, memory and understanding, do hereby make, publish and declare this as agd for :.'~-:::'l ., my Last Will and Testament, hereby revoking all other Wilr~ and:' ~ Codicils heretofore made by me. FIRST -~-.... ,,...- -:;~) I direct the payment of my just debts and expenses of rrti' last" i .j j illness (0 de&th as and funeral from soon after my estate as my conveniently may be done. If there be no cemetery lot available for my interment owned by me at the time of my death, I authorize my personal representative to purchase such cemetery lot with a contract for perpetual care, using therefore funds from my estate in such amount as they shall consider necessary and desirable, and I authorize my personal representative to cause title to or ownership of such lot so purchased to be vested in such person as my personal representative shall designate. \; Further, I authorize my personal representative to expend funds from my estate, in such amount as my personal representative shall consider necessary and desirable for the purchase, erection I II II II II II II II Ii II II " and inscription of a suitable marker for my grave. SECOND I give, devise and bequeath all the rest, residue and remainder of my estate in equal shares to my children, RONALD M. SHEARER AND SANDRA L. BOSSERT, or their issue, per stirpes. " ~ SAIDIS, GUIDO, I SHUFF & I II n II II Ii II II II I[ II !i " MASLAND 26 W. High Street Carlisle, PA II II II tl Ii II THIRD I direct that any and all inheritance, estate, and transfer taxes imposed upon my estate passing under this will or otherwise shall be paid out of the principal of my residuary estate. FOURTH In addition to the powers conferred by law, I authorize any personal representative acting under this instrument, in their absolute discretion: A. To retain in the form received, or to sell either at public or private sale any real or personal property; '-, B. To exercise any options to subscribe for stocks, bonds, or other investments; ~. "-' To join in any plan of lease, c. mortgage, consolidation, exchange, reorganization or foreclosure of any corporation in which my estate or any trust may hold stocks, -'''.., bonds or other securities; D. To sell, transfer, convey, mortgage, pledge, lease or exchange any property, real or personal, which at any time may form part of my estate, for the payment of debts or taxes, or for any purpose of administration or distribution, ~ ; '- for such prices and upon such terms as my personal representative, in their sole discretion, may deem wise, and to execute and deliver deeds of conveyance or transfer thereof; E. To make settlements and compromises on such terms as my personal representative in their sole discretion may deem SAID IS, GUIDO, I SHUFF & I II II Ii I I I I !i ii il II II !! II ii "",,""''''J" "'~Tn J....JL.L]fo.UI~L"'lrrrr..l. ,...... 26 W. High Street Carlisle, PA II II !I wise without the necessity of obtaining any court approval thereof; F. To make distribution hereunder either in cash or kind, as my personal representative in their discretion may deem wise. FIFTH I do hereby nominate, constitute and appoint my son, RONALD M. SHEARER and my daughter, SANDRA L. BOSSERT, or the survivor of them. SIXTH I direct that no personal representative, guardian, trustee or other fiduciary appointed under this instrument shall be required to give bond for the faithful performance of their duties in any jurisdiction. IN WITNESS WHEREOF, I, EUGENE M. SHEARER, have hereunto set my hand and seal to this my Last Will and Testament, consisting of three (3) typewritten pages, the first two (2) of which bear my signature in the margin for identification, this ,-.A:' day of ___ __ C.;>")'-1/);'.'~ , 1997. I II .'-i::"'~ /'. ---../ . I-~.'.'...//<,~ ~.''--. ._.:_~- G~u:;~"",A- '-<__ >>!. '-' ~ -, - I Eug~rie M. Shearer, Testator Signed, sealed, published and declared by the eJJove-!l2.!!!ed EUGENE M. SHEARER, Testator, as and for his Last Will and Testament in the presence of us, who have hereunto subscribed our ;AIDIS, GUIDO, SHUFF & MASLAND 26 W. High Street Carlisle, PA II II II I names at his request as witnesses thereto, In the presence of said Testator and of each other. '::"'~-'~" ..-~' . - ....../... ~~~~/ l.--~~ . I', _ _)....\-...~,,-l '~''')~7 l ) ( " S'/;~( I / I ~- ~ )i ! ADDRESS, '-L- :-" .-_." ,.\..--- ( , .." _I / .... 1 ~ .', " ..:. ~ '\,- .....~, ~') '-i , ~. , ....~ / / C"' l.,.) / kc1flL~ AA dADDRESS c2(p w. Ht~,( 51 C~ ~~" ~\ 1)61 ~ COMMONWEALTH OF PENNSYLVANIA ss. COUNTY OF Ct~BERLAND We, EUGENE M. SHEARER, J ohnna J _ f)p i 1 Y and Renee L. Murray, the Testator and witnesses, respectively whose names are signed to the foregoing or attached instrument, being first duly sworn, do hereby declare to the undersigned authority that the Testator signed and executed the instrument as his Last Will and Testament and that he signed willingly and that he executed as his free and voluntary act for the purposes therein expressed, and that each of the witnesses, in the presence and hearing of the Testator signed the Will as witnesses and that to the best of their knowledge the Testator was at the time eighteen (18) or more years of age, of sound mind and under no constraint or undue influence. Subscribed, sworn to and , , .....>~;;--Z-,..._''',.,~~:t.~:-)~'-~~.-.~(...._-~~// Jotln~ J. )Jell, Witness '/10 / )11/ / "-_ ... .'_ Ii ~,-~nee L. r"lU]IJray . 1 d \ - . ~T--""'-~-vr aCKnow e gea berore me by .c;U\.;r~l\l.l:!; 11. SHEARER, the Testator, and subscribed to and sworn or affirmed to before me by Johnna J. Deily and Renee L. Murray , witnesses, this 26th day of November , 1997. ..----. n ;" '\ C' Zz" ,';1' \., ",-"7"" ...~. '" ~~, G-./~ C:t:';:?;~ Notc;~' Public '--...- '-...~ -. ~-'=---=- 1 ''-'''~ ~. ;:",- I '''~''', h,J ~ :..... .:k... ~'r.i.~ _ ..... c.." ,.... "............ ,". ., J-...^~J r:,. ,"~>'.-I.;i"~.l\~j: ;.~il~ pf.ieL~ ~ I <"'.r" ,,", r' f'r;-,",:v:,~ ,"","""'" '.'Deo "'A I U"' h.._". J". \. -." ., ,.-1,.; .....n""", . , MY COM.~~~,sn;GN cf.r:'if:t:S ~."J~CH 23. ~ ~ l'IO:: ~...... _ --.-----,.. ---..q ~