HomeMy WebLinkAbout06-12-06
HARRISBURG DISTRICT OmCB
SlRAWBERRY SQ
4TII & WALNUT STS
HARRISBURG. PA 17128-0101
COMMONWEALTH OF
PENNSYLVANIA
DEPARTMENT OF REVENUE
REV-872 AFP (04-05)
ALTON P WILLIAMS
5 GREENWAY DR
MECHANCISBURG, PA 17055
DATE:
Estate of:
WILLIAMS
5/1/2006
FRANCES A
Date of Death:
File Number:
11/28/2003
21 05-0151
DearALTON P WILLIAMS:
This is to advise you that the above estate is in a delinquent status. According to Department
records, as of this date, the estate still is not settled.
The Inheritance and Estate Tax Act mandates the filing of a tax return and payment of all
outstanding liabilities by a personal representative of the estate or a transferee within nine months
of the decedent's death.
The Department's records show that this estate remains open because:
AN INHERITANCE TAX RETURN HAS NOT BEEN FILED.
The law also provides that any person who willfully fails to file a return required under the
provisions of this Act shall be personally liable for a penalty of twenty-five percent of the tax
determined to be due or$l ,000, whichever is less. This penalty is in addition to any other liabilites
imposed by the Act.
If this estate was opened for the purpose of filing a lawsuit, please provide this office in
writing with the term and docket number of the lawsuit so that the Department may postpone any
fiLrther action.
Accordingly, you are directed to file a return and pay all tax due including interest within
thirty days from the date of this letter. If you fail to comply with this directive, your case will be
referred for local enforcement and may result in the filing of a citation by this Department with the
Orphans' Court Division of the Court of Common Pleas, requiring you to appear in court to show
cause for your failure to comply with the law. In order to protect the Commonwealth's interest, the
Department of Revenue may also file a lien in Cumberland County.
RETURNS SHOULD BE FILED AND CHECKS
MADE PAYABLE TO: REGISTER OF WILLS, AGENT
Sincerely,
Brian
Any questions regarding this estate,
CONTACT:
HARRISBURG DISTRICT OFFICE
STRAWBERRY SQ
4TH & WALNUT STS
HARRISBURG, PA 17128-0101
Beam
(717)783-3239
cc:
REV-1500 EX (6-00)
OFFICIAL USE ONLY
COMMONWEALTH OF
PENNSYLVANIA
DEPARTMENT OF REVENUE
DEPT. 280601
HARRISBURG, PA 17128-0601
REV-1500
INHERITANCE TAX RETURN
RESIDENT DECEDENT
FILE NUMBER
2 1
o 5
00151
COUNTY CODE
YEAR
NUMBER
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DECEDENTS NAME (LAST, FIRST, AND MIDDLE INITIAL)
WILLIAMS, FRANCES A
DATE OF DEATH (MM-DD-YEAR) DATE OF BIRTH (MM-DD-YEAR)
11-28-2003 11-27-1927
(IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST, AND MIDDLE INITIAL)
WILLIAMS, ALTON P
~ 1. Original Return
D 4. Limited Estate
~ 6. Decedent Died Testate (Attach copy of Will)
D 9. Litigation Proceeds Received
SOCIAL SECURITY NUMBER
437-48-5914
THIS RETURN MUST BE FILED IN DUPLICATE WITH THE
REGISTER OF WILLS
SOCIAL SECURITY NUMBER
458-14-8978
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D 2. Supplemental Return D 3. Remainder Return (date of death prior to 12-13-82)
D 4a. Future Interest Compromise (date of death after 12-12-82) D 5. Federal Estate Tax Return Required
D 7. Decedent Maintained a Living Trust (Attach copy of Trust) ~ 8. Total Number of Safe Deposit Boxes
D 10. Spousal Poverty Credit (date of deeth between 12.31-91 eOO 1-1-95) D 11. Election to tax under Sec. 9113(A) (Attech Sch 0)
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THIS SECTION MUSLBE COMPLETED. ALL CORRESPONDENCEANI>CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO:
NAME COMPLETE MAILING ADDRESS
BRIAN D STRAUB
FIRM NAME (If Applicable)
WAGGONER, FRUTIGER & DAUB, CPA'S
TELEPHONE NUMBER
(717) 506-1222
2. Stocks and Bonds (Schedule B)
(2)
5006 EAST TRINDLE ROAD
SUITE 200
MECHANICSBURG, PA 17050-3647
75,000
8,542
OFFICIAL USE ONLY
1. Real Es1ate (Schedule A)
(1)
3. Closely Held Corporation, Partnership or Sole-Proprietorship (3)
4. Mortgages & Notes Receivable (Schedule D)
5. Cash. Bank Deposits & Miscellaneous Personal Property
(Schedule E)
(4)
(5)
41,692
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6. Jointly Owned Property (Schedule F) (6)
D Separate Billing Requested
7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (7)
(Schedule G or L)
C:_'
8. Total Gross Assets (total Lines 1-7)
(8)
125,234.00
9. Funeral Expenses & Adminis1rative Costs (Schedule H) (9)
10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) (10)
11. Total Deductions (totai Lines 9 & 10)
(11)
12. Net Value of Estate (Line 8 minus Line 11)
(12)
125,234.00
13. Charitable and Governmental Bequests/See 9113 Trusts for which an election to tax has not been
made (Schedule J) (13)
14. Net Value Subjectto Tax (Line 12 minus Line 13)
(14)
125,234.00
SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES
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15. Amount of Line 14 taxable at the spousal tax
rate, or transfers under Sec. 9116 (a)(1.2)
125,234
x .0 ~(15)
X.O _(16)
x .12 (17)
x .15 (18)
(19)
0.00
16. Amou nt 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
20. D
CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT
0.00
> > BE SURE TO ANSWER ALL QUESTIONS ON REVERSE SIDE AND RECHECK MATH < <
5W4632 1.000
Decedenfs Complete Address:
STREET ADDRESS
5 GREENWAY DRIVE
CITY I STATE I ZIP
MECHANICSBURG PA 17055
Tax Payments and Credits:
1. Tax Due (Page 1 Line 19) (1 ) 0.00
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
Total Interest/Penalty (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)
8. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (58) 0.00
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; . . . . . . . . . . . . . . . D ~
b. retain the right to designate who shall use the property transferred or its income; . D ~
c. retain a reversionary interest; or . . . . . . . . . . . . . . . D ~
d. receive the promise for life of either payments, benefits or care? . . . . . . . . . D ~
2. If death occurred after December 12, 1982, did decedent transfer property within one year of death
without receiving adequate consideration? . . . . . . . . . . . . . . . . . . . . . . . . . . .. D I!Q
3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? D I!Q
4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which
contains a beneficiary designation? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. D I!Q
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 penelties 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, ~ is true, correct and complete.
Declaration of preparer other than the personal representative is based on all information of which preparer hes any knowledge.
SIGNATURE OF PERSON RESPONSIBLE FOR FILING RETURN DATE
~ ',N 111'-' MAY 31, 2006
ADDRESS
5 GREENWAY DRIVE, MECHANICSBURG,
SIGNATURE OF PREPARER OTHER THAN REPRESENTATIVE
~c-
PA
17055
DATE
ADDRESS
~~
MAY 31, 2006
5006
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. 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. 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. 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. S 9116(1.2) [72 P.S. S 9116(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. S 9116(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.
5W4633 1.000
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LAST WILL AND TESTAMENT
OF
FRANCES A. WILLIAMS ~
I, FRANCES A. WILLIAMS, now of 5 Greenw~
Mechanicsburg, Cumberland County, Pennsylvani , do publish
and declare this to be my Last Will and Test en, hereby
revoking all other prior wills and codicils by me.
FIRST: Familv Backqround and Appointment of Executor.
(A) Familv and Backqround Infor.mation. I am married to
ALTON P. WILLIAMS. I have not been previously married. The
child of our marriage is SHAWN E. CORCETTI. Throughout this
Will, ALTON P. WILLIAMS will be referred to as "my husband" or
"my spouse" and SHAWN E. CORCETTI will be referred to as "my
child." The word "issue" will include any children as well as my
other descendants.
(B) Appointment of Executor. I appoint as my Executor and
successor Executor (all hereinafter referred to as Executor or
Executor(s) under this Will, the following named persons or
corporations to serve without bond and without being required to
account to any Court:
Executor: My spouse, ALTON P. WILLIAMS.
Successor Executrix: My child, SHAWN E. CORCETTI.
Second Successor Executor: The law offices of GATES &
ASSOCIATES, P.C. now of 1013 Mumma Road, Suite
100, Lemoyne, Pennsylvania, 17043.
(C) Inter Vivos Trust. The inter vivos trust agreement
referred to in this Will is entitled liTHE ALTON P. AND FRANCES A.
WILLIAMS FAMILY TRUST, II by and between ALTON P. WILLIAMS and
FRANCES A. WILLIAMS, as Co-Settlors, and ALTON P. WILLIAMS and
FRANCES A. WILLIAMS, as Co-Trustees, as now in effect or as may
hereafter be amended.
SECOND: Funeral and Last Illness Expenses; Taxes.
(A) Expenses of Funeral and Last Illness. Notwithstanding
that my spouse survives me, I direct my Executor to pay my
funeral expenses (regardless of amount) and the expenses of my
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LAST WILL AND TESTAMENT
OF
FRANCES A. WILLIAMS
PAGE 2
last illness from my estate. In addition, my Executor may notify
the Trustee of the Trust described in Paragraph FIRST (C) of any
such expenses and my Executor may accept reimbursement from such
Trustee.
(B) Taxes. I direct my Executor to pay any and all estate,
inheritance, succession, legacy, transfer and other death taxes
or duties, by whatever name called, including any and all
interest and penalties thereon, imposed under the laws of any
jurisdiction by reason of my death upon or with respect to any
and all property included in my gross estate for the purpose of
such taxes, whether such property passes under or outside of this
Will. Without any apportionment otherwise required by law and
without being prorated or apportioned among or charged against
the respective devises, legatees, beneficiaries, transferees, or
other recipients of any such property or charged against any
property passing or which may have passed to any of them, I
direct that any taxes so paid shall be charged against my
residuary estate. My Executor shall not be entitled to
reimbursement for any portion of any such taxes from any such
person. The foregoing provisions of this Article SECOND shall
not apply to such portion or portions of said taxes, interest and
penalties which may be required to be paid, or are actually paid
or reimbursed, by the Trustee of the Trust described in Paragraph
FIRST (C), above.
THIRD: Tanqible Personal Property. Except for those items
excluded below and those items enumerated in the Letter of
Instruction, "I bequeath all my tangible personal property,
including but not limited to clothing, jewelry, heirlooms,
furniture, household furnishings, personal effects, motor
vehicles, and all other similar articles, which I own, and the
insurance thereon, to my spouse, ALTON P. WILLIAMS, if he
survives me. Tangible personal property shall not include: (l)
any and all property used by me in any business, (2) cash on hand
or on deposit in banks, {3} stock or securities, (4) any type of
evidence of indebtedness, and (5) any life, health or accident
insurance policies.
If my spouse does not survive me, I leave such tangible
personal property to my child, SHAWN E. CORCETTI, per stirpes.
If there is any disagreement as to distribution, I direct my
~.~xec:to~o make such distribution. The decision of my ~~.::-.
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LAST WILL AND TESTAMENT
OF
FRANCES A. WILLIAMS
PAGE 3
shall be final and binding. Any items not selected or any items
which my Executor considers unsuitable for my child may be
distributed or sold in the sole discretion of my Executor and, if
sold, the net proceeds therefrom shall be added to the residue of
my estate. Any such article allocated to a minor may, as my
Executor deems advisable, either be delivered to the minor or to
any person to safeguard on behalf of the minor.
Notwithstanding any other provisions in this Article THIRD,
I may leave a separate, dated and unsigned Letter" of Instruction,
which I shall place with my Will, containing directions as to the
ultimate disposition of certain of the property bequeathed under
this Article THIRD, and such Letter of Instruction shall
determine the distribution of such items.
FOURTH: Residuary Estate. I devise and bequeath all of the
rest, residue and remainder of my estate, real, personal and
mixed, of whatever nature and wherever situated to which I am
legally or equitably entitled, to the then-acting Trustee(s) of
the Trust described in Paragraph FIRST eC) of this Will, to be
held, administered and distributed pursuant to the terms thereof,
as the same may be amended from time to time. By this devise and
bequest of my residuary estate I hereby exercise all Powers of
Appointment I possess at the time of my death except any power of
appointment which I possess under the Trust described in
Paragraph FIRST (C) of this Will.
FIFTH: Powers of Executor. In addition to the powers and
duties as may have been granted elsewhere in this Will, but
subject to any limitations stated elsewhere in this Will, the
Executor shall have and exercise exclusive management and control
of the Estate and shall be vested with the following specific
powers and discretion, in addition to the powers as may be
generally conferred from time to time upon the Executor by law:
(A) In the management, care and disposition of the Estate,
the Executor shall have the power to do all things and to execute
such instruments, deeds, or other documents as may be deemed
necessary or proper, including the following powers, all of which
may be exercised without order of or report to any Court:
(J.)
_ property
~~
To sell, exchange or otherwise dispose of any
at any time held or acquired hereunder, at public
LAST WILL AND TESTAMENT
OF
FRANCES A. WILLIAMS
PAGE 4
or private sale, for cash or on terms, without
advertisement, including the right to lease for any term
notwithstanding the period of the Estate, and to grant
options, including any option for a period beyond the
duration of the Estate.
(2) To invest all monies in such stocks, bonds,
securities, mortgages, notes, choses in action, real estate
or improvements thereon, and any other property as the
Executor may deem best, without regard to any law now or
hereafter enforced limiting investments of fiduciaries.
(3) To retain for investment any property deposited
with the Executor hereunder.
(4) To vote in person or by proxy any corporate stock
or other security and to agree to or take any other action
in regard to any reorganization, merger, consolidation,
liquidation, bankruptcy or other procedure or proceedings
affecting any stock, bond, note or other security.
(5) To use attorneys, real estate brokers, accountants
and other agents, if such employment is deemed necessary or
desirable, and to pay reasonable compensation for their
services.
(6) To compromise, settle or adjust any claim or
demand by or against the Estate and to agree to any
rescission or modification of any contract or agreement
affecting the Estate.
(7) To renew any indebtedness, as well as to borrow
money, and to secure the same by mortgaging, pledging or
conveying any property of the Estate.
(8) To retain and carry on any business in which the
Estate may acquire an interest, to acquire additional
interest in any such business, to agree to the liquidation
in kind of any corporation in which the Estate may have an
interest and to carryon the business thereof, to join with
other owners in adopting any form of management for any
business or property in which the Estate may have an
interest, to become or remain a partner, general or limited,
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LAST WILL AND TESTAMENT
OF
FRANCES A. WILLIAMS
PAGE 5
in regard to any such business or property and to hold the
stock or other securities as an investment, and to employ
agents and confer on them authority to manage and operate
the business, property or corporation, without liability for
the acts of such agent or for any loss, liability or
indebtedness of such business if the management is selected
or retained with reasonable care.
(9) To register any stock, bond or other security in
the name of a nominee, without the addition of words
indicating that such security is held in a fiduciary
capacity, but accurate records shall be maintained showing
that such security is a Estate asset and the Executor shall
be responsible for the acts of such nominee.
(B) Whenever the Executor is directed to distribute any
Estate assets in fee simple to a person who is then under twenty-
one (21) years of age, the Executor shall be authorized to hold
such property in Trust for such person until he/she becomes
twenty-one (21) years of age, and in the meantime shall use such
part of the income and the principal of the Estate as the
Executor may deem necessary to provide for the proper support and
education of such person. If such person should die before
becoming twenty-one (21) years of age, the property then
remaining in trust shall be distributed to the personal
representative of such person's estate.
(C) In making distributions from the Estate to or for the
benefit of any minor or other person under a legal disability,
the Executor need not require the appointment of a guardian, but
shall be authorized to payor deliver the same to the custodian
of such person, to payor deliver the same to such person without
the intervention of a guardian, to payor deliver the same to a
legal guardian of such person if one has already been appointed,
or to use the same for the benefit of such person.
(D) In the disbursement of the Estate and any division into
separate trusts or shares, the Executor shall be authorized to
make the distribution and division in money or in kind, or both,
regardless of the basis for income tax purposes of any property
distributed or divided in kind, and the distribution and division
made and the values established by the Executor shall be binding
and conclusive on all persons taking hereunder. The Executor may
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. .
LAST WILL AND TESTAMENT
OF
FRANCES A. WILLIAMS
PAGE 6
in making such distribution or division allot undivided interests
in the same property to several trusts or shares.
(E) The Executor shall be authorized to lend or borrow,
including the right to lend to or borrow from any trusts which I
or my spouse may have established during life or by will at an
adequate rate of interest and with adequate security, and upon
such terms and conditions as the Executor shall deem fair and
equitable.
(F) The Executor shall be authorized to sell or purchase at
the fair market value as determined by the Executor, any property
to or from any trust created by me or my spouse during life or by
Will, even though the same person or corporation may be acting as
Executor of my estate or as Trustee of any of my other trusts.
(G) The Executor shall have discretion to determine whether
items should be charged or credited to income or principal or
allocated between income and principal as the Executor may deem
equitable and fair under all the circumstances, including the
power to amortize or fail to amortize any part or all of any
premium or discount, to treat any part or all of the profit
resulting from the maturity or sale of any asset, whether
purchased at a premium or at a discount, as income or principal
or apportion the same between income and principal, to apportion
the sales price of any asset between income and principal, to
treat any dividend or other distribution of any investment as
income or principal, or apportion the same between income and
principal, to charge any expense against income or principal or
apportion the same, and to provide or fail to provide a
reasonable reserve against depreciation or obsolescence on any
assets subject to depreciation or obsolescence, all as the
Executor may reasonably deem equitable and just under all the
circumstances. If the Executor does not exercise the above
discretionary power, the cash or accrual allocation shall be in
accordance with Chapter 81 of Title 20 of the Pennsylvania
Consolidated Statutes, or the corresponding provisions of
subsequent state law.
(H) If at any time the total fair market value of the
assets of any trust established or to be established hereunder is
so small that the corporate Trustee's annual fee for
administering the trust would be the minimum annual fee set forth
.~~ ;:;
LAST WILL AND TESTAMENT
OF
FRANCES A. WILLIAMS
PAGE 7
in the Trustee's regularly published fee schedule then, in
effect, the Trustee in its discretion shall be authorized to
terminate such trust or to decide not to establish such trust,
and in such event the property then held in or to be distributed
to such trust shall be distributed to the persons who are then or
would be entitled to the income of such trust. If the amount of
income to be received by such persons is to be determined in the
discretion of the Trustee, then the Trustee shall distribute the
property among such of the persons to whom the Trustee is
authorized to distribute income, and in such proportions, as the
Trustee in its discretion shall determine.
(I) Except as otherwise provided in this Will, when the
authority and power under this Will is vested in two (2) or more
Executors or Trustees, the authority and powers are to be held
jointly by the Executors or Trustees, respectively. A majority
of the Executors or Trustees may exercise any authority or power
granted under this Will or granted by law, and may act under this
Will. Any attempt by one such Executor or Trustee to act under
this Will on other than ministerial acts shall be void. The
action of one such Executor or Trustee under this Will may be
validated by a subsequent ratification of the act by a majority
of the Executors or Trustees.
SIXTH: Riqhts and Liabilities of Executor.
(A) No bond or other security shall be required of any
Executor.
(B) This instrument always shall be construed in favor of
the validity of any act or omission by any Executor, and any
Executor shall not be liable for any act or omission except in
the case of gross negligence, bad faith or fraud. Specifically,
in assessing the propriety of any investment, the overall
performance of the entire Estate shall be taken into account.
(C) Each Executor shall be entitled to receive reasonable
compensation for services actually rendered to my estate, in an
amount the Executor normally and customarily charges for
performing similar services during the time which he/she performs
the services.
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LAST WILL AND TESTAMENT
OF
FRANCES A. WILLIAMS
PAGE 8
SEVENTH: SDendthrift Provision. No beneficiary shall have
the power to anticipate, encumber or transfer his or her interest
in the estate in any manner other than by the valid exercise of a
power of appointment. No part of the estate shall be liable for
or charged with any debts, contracts, liabilities or torts of a
beneficiary or subject to seizure or other process by any
creditor of a beneficiary.
EIGHTH: Tax Elections.
(A) In determining the estate, inheritance and income tax
liability relating to my Estate, the Executor's decision as to
all available tax elections shall be conclusive on all concerned.
If the Executor joins with my spouse in filing income tax
returns, or consenting for gift tax purposes to having gifts made
by either of us during my life considered as having been made
one-half by each of us, any resulting liability shall be borne by
my Estate and my spouse in such proportions as they may agree.
In accordance with IRC Section 2632(a) and without regard to
whether a Federal estate tax return is actually filed, my
Executor shall allocate so much of the Federal Generation
Skipping Transfer (GST) exemption amount as will fully exempt any
generation skipping transfer which may occur under this Will.
(B) The Executor may, in its discretion, determine the date
as of which my gross estate shall be valued for the purpose of
determining the applicable tax payable by reason of my death.
(C) The Executor may, in its discretion, decide whether all
or any part of certain deductions shall be taken as income tax
deductions (even though they may equal or exceed the taxable
income of my estate and whether or not claimed or of benefit on
my estate's income tax return) or as estate tax deductions when a
choice is available; and in the event that all or any part of
such deductions are taken as income tax deductions, no adjustment
of income and principal accounts in my estate shall be made as a
result of such decisions.
NINTH: Definitions and General Provisions.
(A) Survival. Any beneficiary who dies within sixty (60)
days after my death shall be considered not to have survived me.
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LAST WILL AND TESTAMENT
OF
FRANCES A. WILLIAMS
PAGE 9
(B) Captions. The captions set forth in this Will at the
beginning of the various articles hereof are for convenience of
reference only and shall not be deemed to define or limit the
provisions hereof or to affect in any way their construction and
application.
(C) Children. As used in this Will, the words "child" and
"children" shall include persons who are legally adopted and the
issue of said persons, whether born in or out of wedlock, so long
as any person born out of wedlock is acknowledged in a written
instrument executed by the one of their natural parents who is a
descendant of mine to be the child of said descendant. The word
"issue" shall include descendants of all generations including
adopted persons. A posthumous child shall be considered as
living at the death of his parent. The birth to me or the
adoption by me of a child or children subsequent to the execution
of this Will shall not operate to revoke this Will. Except for
discretionary distributions which may be made unequally among a
group of persons and distributions pursuant to a valid exercise
of a power of appointment, in making a distribution to the
children of any person, the property to be distributed shall be
divided into as many shares as there are living children of the
person and deceased children of the person who left children who
are then living. Each living child shall take one share and the
share of each deceased child shall be divided among his then-
living descendants in the same manner.
(D) Code. Unless otherwise stated, all references in my
Will to section and chapter numbers are to those of the Internal
Revenue Code of 1986, as amended, or the corresponding provisions
of any subsequent federal tax laws applicable to my estate.
(E) Other ter.ms. The use of any gender includes the other
genders, and the use of either the singular or the plural
includes the other.
(F) Powers of Appointment are Exercised. By this Will I
exercise any and all Powers of Appointment which I possess at the
time of my death except any power of appointment which I possess
under the Trust described in Paragraph FIRST (C), above.
~~r
LAST WILL AND TESTAMENT
OF
FRANCES A. WILLIAMS
PAGE 10
have
(11)
hand
IN WITNESS WHEREOF, I, FRANCES A. WILLIAMS, the_~statrix,
to this my Last Will and Testament, tYPewrittR~eleven
pages, including the Acknowledgment and Affid , set my
and seal this 14th day of May~ 1997. ~.
-<:I2~~Lr(V-,
F~CES A. WILLIAMS
Signed, sealed, published and declared by the above-named
Testatrix, as and for her Last Will and Testament, in the
presence of us, who have hereunto subscribed our names at her
request, as witnesses hereto, in the presence of the said
Testatrix, and in the presence of each other. Each of us further
declares that he or she believes the Testatrix to be of sound
mind and memory. The preceding instrument consists of this and
ten (10) other consecutively numbered typewritten pages including
the Acknowledgment and Affidavit.
f"vvih'\ 1il~~L residing at
'1 01 ." ()
~,a.r(1{l.it1 ll/ I:-hre(\/{.pr .
(print I name)
~-dcC_,j _fxt,( --(/~ f) rI-
)
residing at
~N?~~~g.c.a~" ~
.
name)
ACKNOWLEDGMENT AND AFFIDAVIT
COMMONWEALTH OF PENNSYLVANIA
SS:
COUNTY OF CUMBERLAND
The Testatrix and the witnesses whose names a igned and
subscribed to the attached or foregoing instrumen ng first
duly sworn and qualified according to law, do acknowledge,
depose and say to the undersigned authority, he Testatrix
signed and executed the instrument as her L in the
presence of the witnesses; that she signed i llingly or
willingly directed another to sign it for her; that she executed
it as her free and voluntary act for the purposes therein
expressed; that each of the witnesses were present and saw the
Testatrix sign and execute the instrument as her Last Will; that
each subscribing witness in the hearing and sight of the
Testatrix signed the will as witnesses; and that to the best of
their knowledge the Testatrix was at that time eighteen years of
age or older, of sound mind and under no constraint or undue
influence.
d~~r~
(, "Uti) 11. . (I ~/I}./' ,,/ ~.. ;/;l !/)..,/
U.~I" f. Y+I/' ,--" '1~. f
j Wit esit
~~
Wltness
Sworn to or affirmed, subscribed to, and acknowledged,
before me by the above-named Testatrix and witnesses, this 14th
day of May, 1997.
~~,~ >%rr'J?
<:.. . otar~ ublic
My Commission Expires:
.
Notarial Seal
Stacey L. NacEl, Notary Public
Fermanagh Twp., Juniata County
My Commission Expires Oct. 16, 1999
Member, Pennsylvania Association of Notaries
REV-1502 EX + (6-98)
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE A
REAL ESTATE
ESTATE OF
FILE NUMBER
FRANCES A WILLIAMS
21-05-0151
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 jolntly-owned with right of survivorship must be disclosed on Schedule F.
ITEM DESCRIPTION
NUMBER
1. ONE-HALF TENANT IN COMMON INTEREST IN PERSONAL RESIDENCE,
LOCATED AT 5 GREENWAY DRIVEM MECHANICSBURG, PA.
VALUATION BASED ON ASSESSED VALUE
VALUE AT DATE
OF DEATH
75,000
5W4695 1.000
TOTAL (Also enter on line 1, Recapitulation)
(If more space is needed, insert additional sheets of the same size)
$
75,000.00
REV-1503.EX + (6-98) .
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
SCHEDULE B
STOCKS & BONDS
FILE NUMBER
FRANCES A WILLIAMS
21-05-0151
All property jointly-owned with right of survivorship must be disclosed on Schedule F.
ITEM
NUMBER
DESCRIPTION
VALUE AT DATE
OF DEATH
1. 3,242 SHARES AXP DIVERS I FlED BOND FUND @ $ 4. 74 PER SHARE.
(OWNED JOINTLY WITH SPOUSE)
7,684
2 228 SHARES AXP DISCOVERY FUND @ $ 7.52632 PER SHARE.
(OWNED JOINTLY WITH SPOUSE)
858
5W4696 1.000
TOTAL (Also enter on line 2, Recapitulation) $
(If more space is needed. insert additional sheets of the same size)
8,542.00
REV-1S08 EX + (6-98)
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE E
CASH, BANK DEPOSITS, & MISC.
PERSONAL PROPERTY
ESTATE OF
FRANCES A WILLIAMS
FILE NUMBER
21-05-0151
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
MEMBERS FIRST FEDERAL CREDIT UNION, ACCOUNT # 156259
(JOINTLY OWNED WITH SPOUSE)
VALUE AT DATE
OF DEATH
2,242
2.
MEMBERS FIRST FEDERAL CREDIT UNION, VARIOUS ACCOUNTS
(JOINTLY OWNED WITH SPOUSE)
37,950
3.
USAA MONEY MARKET FUND
(JOINTLY OWNED WITH SPOUSE)
1,500
SW46AD 1.000
TOTAL (Also enter on line 5, Recaoitulation) $
(If more space is needed, insert additional sheets of the same size)
41,692.00
MEMBERS 1st
FEDERAL CREDIT UNION
Send Inquires to:
5000 Louise Drive
PO Box 40
Mechanlcsburg, PA 17055
www.members1st.org
Member's
Statement
of Account
Main Switchboard: (717) 697-1161 or (800) 283-2328
Call-24: (717) 697-4372 or (800) 283-4372
TOO: (717) 697-5312 or (800) 283-2328 ex!. 5312
TeleBranch: (717) 795-6049 or (800) 237-7288
FRANCES A WILLIAMS.
C/O ALTON WILLIAMS
5 GREENWAY DRIVE
MECHANICSBURG PA 17055-5656
TRANS EFF.
DATE DATE
" .'1,
, v I.....
.:--
TRANSACTION DESCRIPTION
Sc lIe
Account Number From
156259 10-01-03
TO Page
12-31-03 1 of 1
2003 1099-INT AND/OR IRA FAIR
MARKET VALUE INFORMATION IS
INCLUDED WITH THIS STATEMENT.
NO SEPARATE MAILING WILL BE MADE.
IRS HAS BEEN FURNISHED THIS
INFORMATION. PLEASE RETAIN THIS
STATEMENT FOR YOUR CORDS.
(u
SSN:
\'1\ ,J\'"
,t" ti'"
vA ,j(}i'\ \
.,/'v
I
SUFFIX:OO SAVINGS
103103 DIVIDEND
/' '113003" DIVIDEND
123103 DIVIDEND
JOINT OWNERS: ALTON WILLIAMS SHAWN CORCETTI
Y-T-D DIVIDENDS:
TRUTH IN SAVINGS INFORMATION
ANNUAL PERCENTAGE YIELD
ANNUAL PERCENTAGE YIELD EARNED
/ 1. 00%
/ 1. 00%
FOR 2003
60.93
AMOUNT
BALANCE
3.80
3.68
3.81
4477 .10
44An QO
G:484. 58 [')
44 8-S- .""'T9
* IRA YTD * OTHER YTD * TOTAL YTD * TOTAL vTD * TOT.A L YTD *
DIVIDENDS DIVIDENDS DIVIDENDS WITHHOLDING FORF~ITURES
.00
60.93
60.93
.00
.00
NOTICE: SEE REVERSE SIDE FOR IMPORTANT INFORMATION.
Send Inquires to:
5000 Louise Drive
PO Box 40
Mechanicsburg, PA 17055
www.members1st.org
102441 11-01-03
TO Page
11-30-03 1 of 2
Member's
Statement
of Account
Account Number From
Main Switchboard: (717) 697-1161 or (BOO) 2B3-232B
Call.24: (717) 697-4372 or (BOO) 2B3-4372
TDD: (717) 697-5312 or (BOO) 2B3-232B ex\. 5312
TeieBranch: (717) 795-6049 or (BOO) 237-72BB
GETTING BURNED BY ALL THOSE
OTHER CREDIT CARDS YOU HAVE?
TRANSFER THOSE BALANCES TO A
MEMBERS 1ST VISA TODAY. SEE
THE ENCLOSED INSERT FOR MORE
INFORMATION.
MEMBERS 1st
FEDERAL CREDIT UNION
FRANCES A WILLIAMS
5 GREENWAY DR
MECHANICSBURG PA 17055-5656
i (A '):;.. -;'0
i) ,\ ...n...
TRANS EFF.
DATE DATE
TRANSACTION DESCRIPTION
AMOUNT
SUFFIX:OO SAVINGS
110303 PAYROLL DEDUCTION
US TREASURY 310 -
110303 SMALL BAL TRANSFER
(T13 0 0.]/ DIVIDEND
JOINT OWNERS: ALTON P WILLIAMS
Y-T-D DIVIDENDS:
181.00
- SOC SEC
.01
1.14
13.52
TRUTH IN SAVINGS INFORMATION
ANNUAL PERCENTAGE YIELD
ANNUAL PERCENTAGE YIELD EARNED
/ 1. 00%
/ 1. 01%
SUFFIX:01 SUPPLEMENTAL SAVINGS
Y-T-D DIVIDENDS:
TRUTH IN SAVINGS INFORMATION
.08
~AL PERCENTAGE YIELD
/ 1. 00%
SUFFIX:OS INVESTMENT SVGS/MMA
110303 SMALL BAL TRANSFER
-.01
Y-T-D DIVIDENDS: .00
TRUTH IN SAVINGS INFORMATION
ANNUAL PERCENTAGE YIELD
/
0%
SUFFIX:11 CHECKING
BEGINNING BALANCE
DEPOSITS
DRAFTS
DEBITS/FEES
MAINT/SERVICE CHGS
ENDING BALANCE
1209.28
900.00
260.60
.00
.00
1848.68
TOTAL NUMBER DRAFTS ~LEARED
YOUR AVG DAILY BALAN~E WAS
YOUR LOW MONTH BALAl\ ~E WAS
110303 PAYROLL ALLOCATION FROM
DFAS-CLEVELAND -
1106 110503 SHARE DRAFT # 3687
1111 111003 SHARE DRAFT # 3691
1114 111303 SHARE DRAFT # 3688
1115 111403 SHARE DRAFT # 3690
1118 111703 SHARE DRAFT # 3693
6497-00
- RET NET
1105024219
1110017740
1113025534
1114004846
1117000439
900.00
-65.00
-16.66
-20.98
-32.96
-50.00
NOTICE: SEE REVERSE SIDE FOR IMPORTANT INFORMATION.
BALANCE
1213.62
1394.62
13 94 63
C1395. 77 ::>
.08
.01
.00
7
1894.52
1209.28
2109.28
2044.28
2027.62
2006.64
1973.68
1923.68
~1~
~~~~~
Account Number From
TO Page
102441 1l-01-03
11-30-03 2 of 2
TRANS EFF.
DATE DATE
1119 111803 SHARE DRAFT #
1120 111903 SHARE DRAFT #
TRANSACTION DESCRIPTION
3692
3685
1118029401
1119013294
AMOUNT
-65.00
-10.00
BALANCE
lBSB {';8
( 1.848.68
* ***** ******* * * * **** ******* ** ***************
NO. AMOUNT NO. AMOUNT NO. AMOUNT NO. AMOUNT
3685 10.00 3688 20.98 3691 16.66 3693 50.00
*3687 65.00 *3690 32.96 3692 65.00 TOTAL: 260.60
JOINT OWNERS: ALTON P WILLIAMS
Y-T-D DIVIDENDS: .00
TRUTH IN SAVINGS INFORMATION
ANNUAL PERCENTAGE YIELD
I
.25%
FOR 2003
* IRA YTD * OTHER YTD * TOTAL YTD * TOTAL TD * TOT1\i.J YTD *
DIVIDENDS DIVIDENDS DIVIDENDS WITHHOLJING FORF~ITURES
.00
13.60
13.60
.00
.00
REV-1513 EX+ (9-00)
SCHEDULE J
BENEFICIARIES
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
FRANCES A WILLIAMS
FILE NUMBER
21-05-0151
NUMBER
I
NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY
RELATIONSHIP TO DECEDENT
Do Not List Trustee(s)
AMOUNT OR SHARE
OF ESTATE
TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers
under Sec. 9116 (a) (1.2)]
1 ALTON P WILLIAMS
5 GREENWAY DRIVE, MECHANICSBURG, PA 17055
SPOUSE
125,234
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 TAX IS NOT BEING MADE
B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS
5W46AI 1.000
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)