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HomeMy WebLinkAbout11-15-06 1lIlY.1AIEll+.... * REV-1500 OFFICIAL USE ONLY 1 Cot./MONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN FILE NUMBER DEPARTMENT OF REVENUE RESIDENT DECEDENT 21 2006 00739 OEPT.2l10801 HARRISBURG, PA 17128-0601 COUNTY CODE YEAR NUMBER DECEDENT'S NAME (LAST, FIRST, AND MIDDLE INITIAL) SOCIAL SECURITY NUMBER GROSZ, VANCE B 184-26-2663 ... z DATE OF DEATH (MM-DD-YEAR) DATE OF BIRTH (MM-DD-YEAR) THIS RETURN MUST BE FILED IN DUPUCATE WmnHE w Q w 08/15/2006 02/13/1928 REGISTER OF WILLS ld Q (IF APPLICABLE) SURVIVING SPOUSE'S NAME ( LAST, FIRST AND MIDDLE INITIAL) SOCIAL SECURITY NUMBER 181 1. Original Return 0 2. Supplemental Return 0 3. Remainder Retum (date of death prior to 12-13-82) ~ 0 4. Limited Estate 0 4a. Future Interest Compromise (date of death after 0 5. Federal Estate Tax Return Required ll:oCln uii!ll: 12-12-82) WIL8 181 6. Decedent Died Testate (Attach copy 0 7. Decedent Maintained a Living Trust (Attach 1 8. Total Number of Safe Deposit Boxes ::ci.... ulLal of WiN) copy of Trust) - ~ 0 9. litigation Proceeds Received 0 10. Spousal Poverty Credit (date of death between o 11. Election to tax under Sec. 9113(A) (Attach Sch 0) ---- -- ~--~~-,-....,.,......---,---.",.,..,.~."."...."","---- ------ --~~-- ~ ~~~ - -~..."...."....--- --.---- - -- - - -- - - - - -- ; 1 , II I .... lnz Ww D:g D:z 00 UIL ME Ivo V. Otto III, Esquire IRM NAME (If applicable) Martson Deardorff Williams & Otto LEPHONE NUMBER 717/243-3341 1. Real Estate (Schedule A) 2. Stocks and Bonds (Schedule B) 3. Closely Held Corporation, Partnership or Sole-Proprietorship z o ~ :;) ... ~ w III:: 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) r: O.uJ. COMPLETE MAILING ADDRESS Ten East High Street Carlisle, P A 17013 (1 ) None (2) 46,302.45 (3) None (4) None (5) 10,655.34 (6) None (7) None C) OFFICIAL U Nl Y c=o ~ '::~:~~ ~ '{ S wo,;: '7"-:=:,=n \. ~._' :..>, =0' =rJnl rn C') F'.~8 ",~~ ;J C~) Ul C:~) '; 1 ):',"1 -~ ~;-.o ~-~~ ~. -~ ::-b ;-~~_L.~ c~~) j--n \D CJ"I N . .~) (~) ( 1 (8) 56,957.79 (9) (10) 4,789.87 7,530.32 (11) 12,320.19 44,637.60 (12) 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) (13) (14) 44,637.60 SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES 15.Amount of Line 14 taxable at the spousal tax rate, x .00 (15) or transfers under Sec. 9116(a)(1.2) ~ 16. Amount of Line 14 taxable at lineal rate x .045 (16) i= ~ :;) IL 17. Amount of Line 14 taxable at sibling rate 33,478.20 x .12 (17) 4,017.38 :. 8 g 18. Amount of Line 14 taxable at collateral rate 11,159.40 x .15 (18) 1,673.91 19. Tax Due (19) 5,691.29 20. 0 CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. Copyright 2000 form software only The Lackner Group, Inc. Form REV-1500 EX (Rev. 6-00) J Decedent's Complete Address: STREET ADDRESS 1000 West South Street CITY Carlisle I STATE PA I ZIP 17013 Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. CreditslPayments A. Spousal Poverty Credit 8. Prior Payments C. Discount (1) 5,691.29 284.56 Total Credits (A + 8 + C) (2) 284.56 3. InteresVPenalty if applicable D. Interest E. Penalty Total Interest/Penalty (0 + E) 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 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 8ALANCE DUE. (3) 0.00 (4) (5) 5,406.73 (5A) (58) 5,406.73 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;.................................................................................. ~ I :: ~::::~ ~h~e~~~~i~~:~s:~~~~s~~~. .~.~.~.I~. ~~~. ~~~.:.~~.~.~.~.~~~~~~~~~~~. ~.~.i.~~. .i~~~~~::::::::::::::::::::::::::::::::::::: 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 ~ 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death?......... 0 ~ 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation?..................................................................................................................... 0 ~ 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 peljury, I declare that I hava examined this retum, Including eccompanying schedules and stetements, 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 preparer has any knowledge. ADDRESS 905 West Louther Street Carlisle, P A 17013 DATE IIII!;/ ()e, 905 West Louther Street Carlisle, P A 17013 ADDRESS ADDRESS Ten East HigQ Street Carlisle, P A 17013 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. 99116 (a) (1.1) (ii)). The statute does not exemot 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)). 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 B STOCKS & BONDS COMMONINEAL TH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF GROSZ, VANCE B I FILE NUMBER 21 - 2006 - 00739 All property jolnUy-owned with right of survivorship must be disclosed on Schedule F. ITEM DESCRIPTION UNIT VALUE VALUE AT DATE OF NUMBER DEATH 1 118.573 sh Delaware Balanced Fund A Class (246093108) 17.37 2,059.61 2 150.482 sh DWS Growth & Income Fund-S (811167105) 22.23 3,345.21 3 20197.36 sh Blackrock Liquidity Fds (09248U619) 1.00 20,197.36 4 387.466 MTB Group Fds EQ Index I I (55376T882) 10.71 4,149.76 5 1810.778 MTB Group Fds US Gv Bd I I (55376V705) 9.14 16,550.51 TOTAL (Also enter on line 2, Recapitulation) 46,302.45 * SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY COMMONWEALTH OF PENNSYlVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF GROSZ, VANCE B I FILE NUMBER 21 - 2006 - 00739 Include the proceeds of litigation and the date the proceeds were received by the estate. All property jolntly-owned with the right of survivorship must be disclosed on schedule F. ITEM NUMBER 1 Cash in safe deposit box DESCRIPTION VALUE AT DATE OF DEATH 10.00 2 United Church of Christ Homes, credit balance 3,808.34 3 Highmark Healthcare Insurance, premium refund 42.75 4 Highmark Prescription Drug Plan, premium refund 14.16 5 Genworth Financial, Long Term Care Insurance, coverage 8/9-14/06 714.00 6 M&T Checking #711187 6,066.09 TOTAL (Also enter on LIne 5, Recapitulation) 10,655.34 * SCH3JlI.E H R..N:RAI... EXPENSES & AIlVINS1RAl1VE COSTS CotJNONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF GROSZ, VANCE B I FILE NUMBER 21 - 2006 - 00739 Debts of decedent must be reported on Schedule I. ITEM DESCRIPTION AMOUNT NUMBER A. FUNERAL EXPENSES: 1 Hoffinan-Roth Funeral Home, balance 699.77 2 Carlisle Memorial Service, monument lettering 195.00 B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Social Security Number(s) I EIN Number of Personal Representative(s): Street Address City State - Zip Year(s) Commission paid 2. Attorney's Fees Martson Deardorff Williams & Otto (estimate) 3,550.00 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 Register of Wills 102.00 5. Accountant's Fees 6. Tax Return Preparer's Fees 7. Other Administrative Costs 1 Stock valuation report 3.10 2 Filing fee, inheritance tax return 15.00 Total of Continuation Schedule(s) 225.00 TOTAL (Also enter on line 9, Recapitulation) 4,789.87 * Schedule H Funeral Expenses & Mnini&bdlNe Cos1s continued COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF GROSZ, VANCE B I FILE NUMBER 21 - 2006 - 00739 3 Additional probate fee 75.00 4 Reserved for miscellaneous filing fees and expenses 150.00 Page 2 of Schedule H * SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS COMMONWEALTH OF PENNSYlVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF GROSZ, VANCE B I FILE NUMBER 21 - 2006 - 00739 Include unrelmbursed medical expenses. ITEM NUMBER 1 PharMerica, balance on account DESCRIPTION AMOUNT 31.47 2 Belvedere Medical Corporation, balance after insurance 25.36 3 PharMerica, outstanding check on date of death 77.35 4 United Church of Christ, outstanding check on date of death 7,396.14 TOTAL (Also enter on Line 10, Recapitulation) 7,530.32 REV-11113 EX+ (9.00) '* SCHEDULE J BENEFICIARIES COMMONWEALTH OF PENNSYlVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF GROSZ, VANCE B I FILE NUMBER 21 - 2006 - 00739 RELATIONSHIP TO AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY DECEDENT OF ESTATE n", N'" I. TAXABLE DISTRIBUTIONS (include outright spousal distributions) 1 C. Freeman Grosz Brother 1/4 estate residue 959 Redwood Drive, Mechanicsburg, P A 17055 2 Mark L. K. Grosz Brother 1/4 estate residue 502 Gale Street, Mechanicsburg, PA 17055 3 Jane G. Keller Sister 1/4 estate residue 905 West Louther Street, Carlisle, P A 17013 4 John D. Grosz Nephew 1/4 estate residue 1373 Willow Mill Road, Mechanicsburg, PA 17055 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 TOTAL OF PART 11- ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET LAST WILL AND TESTAMENT I, VANCE B. GROSZ, of Middlesex Township, Cumberland County, Pennsylvania, being of sound and disposing mind and memory, do hereby make, publish and declare this to be my Last Will and Testament, hereby revoking any and all former Wills or Codicils by me made. 1. I direct that all my just debts, funeral expenses, testamentary expenses and all inheritance taxes (whether such taxes may be payable by my estate or by any recipient of any property) shall be paid from my residuary estate as soon as practicable after my decease and as part of the administration of my estate. My Executor shall have no duty or obligation to obtain reimbursement for any such tax so paid, even though on proceeds of insurance or other property not passing under this Will. 2. I give, devise and bequeath all of my estate, both real and personal property, in equal shares, unto my brothers and sister, C. FREEMAN GROSZ, C. ~~ROSZ, MARK L. K. GROSZ, JANE MADELINE KELLER, and my nephew, JOHN D. GROSZ, absolutely. I//dJ. ~ V.B.G. Page 1 of 4 Pages 3. I nominate, constitute and appoint my said sister, JANE MADELINE KELLER and her husband, RAYMOND C. KELLER, or the survivor of them, as Executors of my estate. 4. I direct that my Executors shall not be required to file a bond to secure the faithful performance of their duties in any jurisdiction. 5. I authorize and empower my personal representative, in their sole and absolute discretion, to purchase or otherwise acquire and retain any investments of which I die seized or any real or personal property of any nature; to sell, lease, pledge, mortgage, transfer, exchange, dispose of or grant options in regard to any or all property of any kind forming a part of my estate for such terms and such prices as they may deem advisable; to borrow money for any purposes connected with the protection and preservation of my estate; to mortgage or pledg~ any real or personal property forming a part of my estate or to join in or secure the partition of same; to compromise any claims or demands of my estate against others or of others against my estate; to make distribution in kind and to cause any share to be composed of cash, property or undi vided fractional shares in property different in kind from any other t:~ .1J. V.B.G. Page 2 of 4 Pages I I I ~, share; and to execute and deli ver such instruments as may be necessary to carry out any of these powers. IN WITNESS WHEREOF I have hereunto set my hand and seal this cfIJ/Ynday of ~., 1991. ~tJJJJ.~ Vance B. Grosz (SEAL) SIGNED, SEALED, PUBLISHED, AND DECLARED by the above-named Testator, as and for his Last Will and Testament, in the presence of us, who at his request, have hereunto subscribed our names as witnesses thereto, in the presence of the said Testator and of each other. ~p~~ Page 3 of 4 Pages . . 1\__ COMMONWEALTH OF PENNSYLVANIA ) : SSe COUNTY OF CUMBERLAND ) I, Vance B. Grosz, Testator, whose name is signed to the attached or foregoing instrument, having been duly qualified according to law, do hereby acknowledge that I signed and executed the instrument as my Last Will; that I signed it willingly; and that I signed it as my free and voluntary act for the purposes therein expressed. tV' ~ tB ~q Vance B. Grosz Sworn or affirmed to and acknowle~ed before me by Vance B. Grosz, the Testator, this 6l.il#1 day of lJ~' 1991. NO~~C eX ~LA.JJ Nctalial Sua ~ Conino L My81'S, Notary P.lblic COMMONWEALTH OF PENNSYLVANIA ) Carlisle Boro,CurnberlmdOoonty : SS . My Oommiss~ El\p!res May 27, 1f*!1 COUNTY OF CUMBERLAND ) We, ~ m. A~~..( Sf~'Wl 1-. 6/tJ7J?Ylj the witnesses whose names ~e signed to the attached or foregoing instrument, being duly qualified according to law, do depose and say that we were present and saw Vance B. Grosz, the Testator, sign and execute the instrument as his Last Will; that the Testator signed willingly and that the Testator executed it as his free and voluntary act for the purposes therein expressed; that each of us, in the hearing and sight of the Testator, signed the Will as witnesses; and that to the best of our knowledge the Testator was at that time 18 or more years of age, of sound mind and under n9 constraint or undue influence. /0 ~ 1-1,-,'" ~,~. /"____.A."'3/e.. ~ PA I-?O/~~ . Sworn or affirmed to and subscribed before me this ~LlMday of 9-~' 1991. Page 4 of 4 Pages Notarial Seal Cooino L Myers, Notary ?-!blic Carlisle &ro, Cumbefland County My C.orn>l1!~siM E'<:pitt.'$ May 'T.l, 1001