New DAVID B TOLKAN & ASSOCIATES 484B WASHINGTON ST # … · 2014. 11. 21. · DAVID B TOLKAN & ASSOCIATES 484B WASHINGTON ST # 313 MONTEREY, CA93940 (831) 277-6602 October 21, 2014

DAVID B TOLKAN & ASSOCIATES484B WASHINGTON ST # 313

MONTEREY, CA 93940(831) 277-6602

October 21, 2014GLENN SMITHEstate of SARAH JONES50 ANY STREETGEORGETOWN, TX 78633

Dear Client:

Enclosed is your United States Estate (and Generation - Skipping Transfer) Tax Return. Theoriginal should be signed at the bottom of page one. There is a balance due of $463,794.

Make your check payable to the "United States Treasury" and mail your Federal return on orbefore June 20, 2014 to:

DEPARTMENT OF TREASURYINTERNAL REVENUE SERVICE CENTER

CINCINNATI, OH 45999

Please be sure to call if you have any questions.

Sincerely,

United States Estate (and Generation-Skipping Transfer)Form 706 Tax Return

OMB No. 1545-0015G Estate of a citizen or resident of the United States (see instructions). To be filed for(Rev August 2013)

decedents dying after December 31, 2012.Department of the TreasuryInternal Revenue Service Information about Form 706 and its separate instructions is at www.irs.gov/form706.G

Decedent's first name and middle initial (and maiden name, if any) Decedent's last name1 a 1 b 2 Decedent's SSNDE

City, town, or post office; county; state or province; country; and ZIP orC Year domicile estd Date of birth Date of death3 a 3 b 4 5foreign postal code.E

DE

Executor's address (number and street including apartment or suite no.; city, town, orNP 6 bName of executor (see instructions)6 apost office; state or province; country; and ZIP or foreign postal code) and phone no.TA

R AT N Executor's social security number (see instructions)6 c

DPhone number1

Eand attach a list showing the names, addresses, telephone numbers, and SSNs of the additional executors.If there are multiple executors, check here6 dX

EName and location of court where will was probated or estate administered Case number7 a 7 bC

UTO G GIf decedent died testate, check here. . . . . If you extended the time to file this Form 706, check here . . . and attach a certified copy of the will.8 9R

If you are estimating the value of assets included in the gross estate on line 1 pursuant to the special rule of Reg. sec 20.2010-2T(a) (7)(ii), check here. . . . . . . . If Sch R-1 is att, check here10 11G G

Total gross estate less exclusion (from Part 5 ' Recapitulation, item 13) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 1

Tentative total allowable deductions (from Part 5 ' Recapitulation, item 24) . . . . . . . . . . . . . . . . . . . . . . . . . . 2 2

Tentative taxable estate (subtract line 2 from line 1). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 a 3 a

State death tax deduction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b 3 b

Taxable estate (subtract line 3b from line 3a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c 3 c

4Adjusted taxable gifts (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

Add lines 3c and 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 5

Tentative tax on the amount on line 5 from Table A in the instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 6

P Total gift tax paid or payable (see instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 7AR Gross estate tax (subtract line 7 from line 6). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 8T

a Basic exclusion amount. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 a92

9 b Deceased spousal unused exclusion (DSUE) amount from predeceasedT spouse(s), if any (from Section D, Part 6 ' Portability of DeceasedA

9bSpousal Unused Exclusion). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X

C 9 9Applicable exclusion amount (add lines 9a and 9b). . . . . . . . . . . . . . . . . . . . ccOM d Applicable credit amount (tentative tax on the amount in 9c from Table A in the instrs). . . . 9 9dPU Adjustment to applicable credit amount (May not exceed $6,000.10T See instructions.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10AT Allowable applicable credit amount (subtract line 10 from line 9d) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1111IO Subtract line 11 from line 8 (but do not enter less than zero). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 12N

Credit for foreign death taxes (from Schedule P). (Attach Form(s) 706-CE.). . . . . . . . . . . . . 13 13

Credit for tax on prior transfers (from Schedule Q) . . . . . . . . . . . . . . . . . . . . 14 14

Total credits (add lines 13 and 14) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 15

Net estate tax (subtract line 15 from line 12). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 16

Generation-skipping transfer (GST) taxes payable (from Schedule R, Part 2, line 10) . . . . . . . . . . . . . . . . . . 17 17Total transfer taxes (add lines 16 and 17). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 18Prior payments (explain in an attached statement) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 19Balance due (or overpayment) (subtract20line 19 from line 18). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of myknowledge and belief, it is true, correct, and complete. Declaration of preparer other than the executor is based on all information of whichpreparer has any knowledge.

A ASign Signature of executor DateHere

A ASignature of executor Date

Print/Type preparer's name Preparer's signature Date PTINCheck if

self-employedPaidPreparer GFirm's name

Firm'sUse Only EING GFirm's addressPhoneno.

FDRA0201L 08/29/13 Form 706 (Rev 8-2013)BAA For Privacy Act and Paperwork Reduction Act Notice, see instructions.

SARAH JONES 999-99-9999

ROUND ROCK, TEXAS 1980 11/28/1923 3/20/2013

GLENN SMITH 50 ANY STREET

GEORGETOWN, TX 78633757-57-5757 (512) 999-9999

SUPERIOR COURT - GEORGETOWN,TX 5959599X X

6,676,368.766,884.

5,909,484.

5,909,484.500,000.

6,409,484.2,509,594.

0.

2,509,594.5,250,000.

5,250,000.

2,045,800.

2,045,800.

463,794.

0.463,794.

0.463,794.

463,794.

DAVID B TOLKAN & ASSOCIATES484B WASHINGTON ST # 313 20-1333538MONTEREY, CA 93940 (831) 277-6602

Form 706 (Rev 8-2013)

Decedent's SSN

Estate of:

Part 3 ' Elections by the ExecutorNote. For information on electing portability of the decedent's DSUE amount, including how to opt out of the election, see Part 6 ' Portability of Deceased Spousal Unused Exclusion.

Yes NoNote. Some of the following elections may require the posting of bonds or liens.

Please check the 'Yes' or 'No' box for each question (see instructions).Do you elect alternate valuation?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 1

2 Do you elect special-use valuation? If 'Yes,' you must complete and attach Schedule A-1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2

Do you elect to pay the taxes in installments as described in section 6166?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 3If 'Yes,' you must attach the additional information described in the instructions.Note. By electing section 6166 installment payments, you may be required to provide security for estate tax deferredunder section 6166 and interest in the form of a surety bond or a section 6324A lien.

Do you elect to postpone the part of the taxes due to a reversionary or remainder interest as described in4section 6163?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

Part 4 ' General InformationNote. Please attach the necessary supplemental documents. You must attach the death certificate. (See instructions)

Authorization to receive confidential tax information under Regulations section 601.504(b)(2)(i); to act as the estate's representative before theIRS; and to make written or oral presentations on behalf of the estate:Name of representative (print or type) State Address (number, street, and room or suite number, city, state, and ZIP code)

I declare that I am the attorney/ certified public accountant/ enrolled agent (check the applicable box) for the executor.I am not under suspension or disbarment from practice before the Internal Revenue Service and am qualified to practice in the stateshown above.

Signature CAF number Date Telephone number

Death certificate number and issuing authority (attach a copy of the death certificate to this return).1

GDecedent's business or occupation. If retired, check here and state decedent's former business or occupation.2

Marital status of the decedent at time of death:a3

Married Single Legally separated DivorcedWidow/widower

3 b For all prior marriages, list the name and SSN of the former spouse, the date the marriage ended, and whether the marriage ended byannulment, divorce, or death. Attach additional statements of the same size if necessary.

Surviving spouse's name Social security number Amount received (see instrs)4 a 4 b 4 c

5 Individuals (other than the surviving spouse), trusts, or other estates who receive benefits from the estate (do not includecharitable beneficiaries shown in Schedule O) (see instructions).

Identifying number Relationship to decedentName of individual, trust, or estate receiving $5,000 or more Amount (see instructions)

GAll unascertainable beneficiaries and those who receive less than $5,000 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Total. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

If you answer 'Yes' to any of the following questions, you must attach additional information as described. Yes No

Is the estate filing a protective claim for refund? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6

If 'Yes,' complete and attach two copies of Schedule PC for each claim.

7 Does the gross estate contain any section 2044 property (qualified terminable interest property (QTIP) from a prior gift or estate)? (see instructions). . . . . . . . .

8 a Have federal gift tax returns ever been filed? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

If 'Yes,' attach copies of the returns, if available, and furnish the following information:

Period(s) covered Internal Revenue office(s) where filedb c

Was there any insurance on the decedent's life that is not included on the return as part of the gross estate?. . . . . . . . . . . . . . . . 9 a

Did the decedent own any insurance on the life of another that is not included in the gross estate?. . . . . . . . . . . . . . . . . . . . . . . . . . b

BAA FDRA0202L 08/29/13 Page 2


X

XX

X

PO BOX 1527DAVID TOLKAN TX LEANDER, TX 78646-1527

X

(512) 528-5470

C555666 - WILLIAMSON COUNTY

NURSE

X

None

5,445,690.

XX

XX

CINCINNATI2012

X

BETTY JONES 666-66-6666 DAUGHTER 1,648,547.SAM JONES 555-55-5555 SON 1,648,596.MARTHA JONES 655-55-5556 DAUGHTER 1,648,547.JAMES SMITH 656-56-5666 NEPHEW 500,000.

See Statement 1

Form 706 (Rev 8-2013)

Decedent's social security number

Estate of:

Part 4 ' General Information (continued)If you answer 'Yes' to any of the following questions, you must attach additional information as described. Yes No

Did the decedent at the time of death own any property as a joint tenant with right of survivorship in which (a) one or more of10the other joint tenants was someone other than the decedent's spouse, and (b) less than the full value of the property isincluded on the return as part of the gross estate? If 'Yes,' you must complete and attach Schedule E . . . . . . . . . . . . . . . . . . . . . .

Did the decedent, at the time of death, own any interest in a partnership (for example, a family limited partnership), an11 aunincorporated business, or a limited liability company; or own any stock in an inactive or closely held corporation?. . . . . . . . . .

If 'Yes,' was the value of any interest owned (from above) discounted on this estate tax return? If 'Yes,' see the instructionsbon reporting the total accumulated or effective discounts taken on Schedule F or G . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the decedent make any transfer described in section 2035, 2036, 2037, or 2038? (see instructions) If 'Yes,' you must12complete and attach Schedule G. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

13 a Were there in existence at the time of the decedent's death any trusts created by the decedent during his or her lifetime?. . . .

Were there in existence at the time of the decedent's death any trusts not created by the decedent under which the decedentbpossessed any power, beneficial interest, or trusteeship?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Was the decedent receiving income from a trust created after October 22, 1986 by a parent or grandparent? . . . . . . . . . . . . . . . . c

If 'Yes,' was there a GST taxable termination (under section 2612) on the death of the decedent?. . . . . . . . . . . . . . . . . . . . . . . . . . .

If there was a GST taxable termination (under section 2612), attach a statement to explain. Provide a copy of the trust or willdcreating the trust, and give the name, address, and phone number of the current trustee(s).

Did the decedent at any time during his or her lifetime transfer or sell an interest in a partnership, limited liability company, oreclosely held corporation to a trust described in lines 13a or 13b?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

GIf 'Yes,' provide the EIN number for this transferred/sold item.

Did the decedent ever possess, exercise, or release any general power of appointment? If 'Yes,' you must complete and attach Schedule H. . . . . . . . . . . . . . . . . 14

Did the decedent have an interest in or a signature or other authority over a financial account in a foreign country, such as a15bank account, securities account, or other financial account? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Was the decedent, immediately before death, receiving an annuity described in the 'General' paragraph of the instructions for16Schedule I or a private annuity? If 'Yes,' you must complete and attach Schedule I. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Was the decedent ever the beneficiary of a trust for which a deduction was claimed by the estate of a predeceased spouse17under section 2056(b)(7) and which is not reported on this return? If 'Yes,' attach an explanation . . . . . . . . . . . . . . . . . . . . . . . . . . .

Note. If estimating the value of one or more assets pursuant to the special rule of Reg sec 20.2010-2T(a)(7)(ii), enter on both lines 10 and 23Part 5 ' Recapitulation.the amount noted in the instructions for the corresponding range of values. (See instructions for details.)

Item no. Gross estate Alternate value Value at date of death

Schedule A ' Real Estate. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 1

Schedule B ' Stocks and Bonds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 2

Schedule C ' Mortgages, Notes, and Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 3

Schedule D ' Insurance on the Decedent's Life (attach Form(s) 712) . . . . . . . . . . . 4 4

Schedule E ' Jointly Owned Property (attach Form(s) 712 for life insurance). . . . 5 5

Schedule F ' Other Miscellaneous Property (attach Form(s) 712 for life insurance) . . . . . . . . . . . . 6 6

Schedule G ' Transfers During Decedent's Life (attach Form(s) 712 for life insurance) . . . . . . . . . 7 7

Schedule H ' Powers of Appointment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 8

Schedule I ' Annuities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 9

10 10Estimated value of assets subject to the special rule of Reg section 20.2010-2T(a)(7)(ii). . . . . . . . . . . .

Total gross estate (add items 1 through 10) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1111

Schedule U ' Qualified Conservation Easement Exclusion . . . . . . . . . . . . . . . . . . . . . 12 12

Total gross estate less exclusion (subtract item 12 from item 11). Enter here13and on line 1 of Part 2 ' Tax Computation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13

Item no. Deductions Amount

Schedule J ' Funeral Expenses and Expenses Incurred in Administering Property Subject to Claims . . . . 14 14

Schedule K ' Debts of the Decedent. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 15

Schedule K ' Mortgages and Liens. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 16

Total of items 14 through 16. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1717

Allowable amount of deductions from item 17 (see the instructions for item 18 of the Recapitulation). . . . . 18 18

Schedule L ' Net Losses During Administration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 19

Schedule L ' Expenses Incurred in Administering Property Not Subject to Claims . . . . . . . . . . . . . . . . . . . . . . 20 20

Schedule M ' Bequests, etc., to Surviving Spouse. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 21

Schedule O ' Charitable, Public, and Similar Gifts and Bequests. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 22

Estimated value of deductible assets subject to the special rule of Reg. section 20.2010-2T(a)(7)(ii). . . . . . 23 23

Tentative total allowable deductions (add items 18 through 23). Enter here and on line 2 of the Tax Computation. . . . . . . . . . . . . . . . . 24 24

FDRA0203L 08/29/13BAA Page 3


X

X

X

X

X

X

XX

X

X

X

X

X

0.77,056.

567,300.0.0.

57,424.5,214,109.

0.760,479.

0.6,676,368.

0.

6,676,368.

172,920.6,935.

582,957.762,812.762,812.

0.4,072.

0.0.0.

766,884.

Form 706 (Rev 8-2013)Decedent's social security number

Estate of:

Part 6'Portability of Deceased Spousal Unused Exclusion (DSUE)

Portability ElectionA decedent with a surviving spouse elects portability of the deceased spousal unused exclusion (DSUE) amount, if any, by completing andtimely-filing this return. No further action is required to elect portability of the DSUE amount to allow the surviving spouse to use the decedent'sDSUE amount.

Section A. Opting Out of PortabilityThe estate of a decedent with a surviving spouse may opt out of electing portability of the DSUE amount.Check here and do not complete Sections B and C of Part 6 only if the estate opts NOT to elect portability of the DSUE amount.

Yes NoSection B. QDOTAre any assets of the estate being transferred to a qualified domestic trust (QDOT)? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

If 'Yes,' the DSUE amount portable to a surviving spouse (calculated in Section C, below) is preliminary and shall be redetermined at the timeof the final distribution or other taxable event imposing estate tax under section 2056A. See instructions for more details.

Section C. DSUE Amount Portable to the Surviving Spouse (To be completed by the estate of a decedent making aportability election.)

Complete the following calculation to determine the DSUE amount that can be transferred to the surviving spouse.

11 Enter amount from line 9c, Part 2 ' Tax Computation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2Reserved. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2

Enter the value of the cumulative lifetime gifts on which tax was paid or payable (see instructions). . . . . 3 3

Add lines 1 and 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 4Enter amount from line 10, Part 2 ' Tax Computation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 5Divide amount on line 5 by 40% (0.40). (do not enter less than zero) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 6Subtract line 6 from line 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 7Enter the amount from line 5, Part 2 ' Tax Computation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 8

9 Subtract line 8 from line 7 (do not enter less than zero). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9

DSUE amount portable to the surviving spouse (Enter the lesser of line 9 or line 9a,10

10Part 2 ' Tax Computation) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Section D. DSUE Amount Received from Predeceased Spouse(s) (To be completed by the estate of a deceased surviving spouse with DSUE amount from predeceased spouse(s))

Provide the following information to determine the DSUE amount received from deceased spouses.

A B C D E F GYear of Form 709 Remaining DSUEName of Deceased Spouse PortabilityDate of Death If 'Yes,' DSUE DSUE Amount Applied

Reporting Use of DSUE Amount, if any(dates of death after Election(enter as mm/dd/yy) Amount Received by Decedent toAmount Listed in col E (subtract column EDecember 31, 2010, only) Made? from Spouse Lifetime Gifts

from column D)

Yes No

Part 1 ' DSUE RECEIVED FROM LAST DECEASED SPOUSE

Part 2 ' DSUE RECEIVED FROM OTHER PREDECEASED SPOUSE(S) AND USED BY DECEDENT

Total (for all DSUE amounts from predeceased spouse(s) applied) . . . . . . . . . . . . . . .

Add the amount from Part 1, column D and the total from Part 2, column E. Enter the result on line 9b,

Part 2 ' Tax Computation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . G

FDRA0205L 10/29/13BAA Page 4

999-99-9999SARAH JONES

Form 706 (Rev 8-2013)

Decedent's SSN

Estate of:

SCHEDULE B ' Stocks and Bonds(For jointly owned property that must be disclosed on Schedule E, see instructions.)

Note. If the value of the gross estate, together with the amount of adjusted taxable gifts, is less than the basic exclusion amount and the Form706 is being filed solely to elect portability of the DSUE amount, consideration should be given as to whether you are required to report thevalue of assets eligible for the marital or charitable deduction on this schedule. See the instructions and Reg. section 20.2010-2T(a)(7)(ii) formore information. If you are not required to report the value of an asset, identify the property but make no entries in the last four columns.

Description, including face amount of bonds or number of shares Alternate Value atItem Alternate valueUnit valueand par value for identification. Give CUSIP number. If trust, valuation date date of deathnumberpartnership, or closely held entity, give EIN.

CUSIP number or EIN,where applicable

Total from continuation schedules (or additional statements) attached to this schedule . . .

TOTAL. (Also enter on Part 5 ' Recapitulation, page 3, at item 2.) . . . . . . . . . . . . . . . . . . . . .

(If more space is needed, attach the continuation schedule from the end of this package or additional statements of the same size.)

FDRA0501L 09/05/13 Schedule B ' Page 10BAA


77,056.

1 $25000 US SAVINGSBOND, SERIES EE,ISSUED JUNE 30,1988, VALUE INCLUDES$12,952 OF ACCRUEDINTEREST FROM JUNE30, 1988 TO MARCH20, 2013. VALUE PERBOND REDEMPTIONTABLES

XXXXXX

25,952.


XXXXXX

25,552.


XXXXXX

25,552.

Form 706 (Rev 8-2013)

Decedent's SSN

Estate of:

SCHEDULE C ' Mortgages, Notes, and Cash(For jointly owned property that must be disclosed on Schedule E, see instructions.)

Note. If the value of the gross estate, together with the amount of adjusted taxable gifts, is less than the basic exclusion amount and the Form706 is being filed solely to elect portability of the DSUE amount, consideration should be given as to whether you are required to report the valueof assets eligible for the marital or charitable deduction on this schedule. See the instructions and Reg. section 20.2010-2T(a)(7)(ii) for moreinformation. If you are not required to report the value of an asset, identify the property but make no entries in the last three columns.

Item Alternate Alternate value Value at date of deathDescriptionnumber valuation date




FDRA0601L 09/05/13BAA Schedule C ' Page 11


567,300.

1 SAVINGS ACCOUNT - JP MORGAN CHASE BANK

ADRESS:CITY, STATE, ZIPACCOUNT NUMBER:INTEREST RATE:

INCLUDES ACCRUED INTEREST TO DATE OF DEATHOF $812. 100,812.

2 CERTIFICATE OF DEPOSITJP MORGAN CHASE BANKADDRESS:CITY, STATE, ZIPACCOUNT NUMBER:MATURITY DATE:INTEREST RATE:

INCLUDES ACCRUED INTEREST TO THE DATE OFDEATH OF $5,125 255,125.

3 CERTIFICATE OF DEPOSITPROSPERITY BANKADDRESS:CITY, STATE, ZIPACCOUNT NUMBER:MATURITY DATE:INTEREST RATE:

INCLUDES ACCRUED INTEREST TO THE DATE OFDEATH OF $2,625 152,625.

4 FIRST TEXAS BANKCHECKING ACCOUNTADDRESS:CITY, STATE, ZIPACCOUNT NUMBER:

BANK ACCOUNT RECONCILED THROUGH DATE OFDEATH 25,343.

5 FIRST TEXAS BANK - RENTAL ACCOUNTCHECKING ACCOUNTADDRESS:CITY, STATE, ZIP

33,395.

Form 706

Decedent's SSN

Estate of:

Continuation of SCHEDULE C - Mortgages, Notes, and Cash

Item Alternate Value atDescription Alternate valueno. valuation date date of death

FDRL2101L 05/16/13

TOTAL. (Carryforward to main schedule) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .


33,395.

ACCOUNT NUMBER:

BANK ACCOUNT RECONCILE THROUGH DATE OFDEATH 33,395.

Form 706 (Rev 8-2013)

Decedent's SSN

Estate of:

SCHEDULE F - Other Miscellaneous Property Not Reportable Under Any Other Schedule(For jointly owned property that must be disclosed on Schedule E, see instructions.)

(If you elect section 2032A valuation, you must complete Schedule F and Schedule A-1.)

Note. If the value of the gross estate, together with the amount of adjusted taxable gifts, is less than the basic exclusion amount and the Form 706 is being filed solely to elect portability of the DSUE amount, consideration should be given as to whether you are required to report the value of assets eligible for the marital or charitable deduction on thisschedule. See the instructions and Reg. section 20.2010-2T(a)(7)(ii) for more information. If you are not required to report the value of an asset, identify the property but make noentries in the last three columns.

Yes NoDid the decedent own any works of art, items, or any collections whose artistic or collectible value at date of death1exceeded $3,000? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

If 'Yes,' submit full details on this schedule and attach appraisals.

Has the decedent's estate, spouse, or any other person received (or will receive) any bonus or award as a result of the2decedent's employment or death?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . If 'Yes,' submit full details on this schedule.

Did the decedent at the time of death have, or have access to, a safe deposit box? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3If 'Yes,' state location, and if held jointly by decedent and another, state name and relationship of joint depositor.

If any of the contents of the safe deposit box are omitted from the schedules in this return, explain fully why omitted.

Item Description. For securities, give CUSIP number. If trust, Alternate Alternate value Value at date of deathnumber partnership, or closely held entity, give EIN valuation date

CUSIP number or EIN,where applicable




FDRA0901L 08/30/13BAA Schedule F ' Page 14


X

X

X

57,424.

1 HOUSEHOLD GOODS AND PERSONALEFFECTS. MISCELLANEOUS ITEMSOF FURNITURE, ACCESSORIES ANDPERSONAL EFFECTS LOCATED ATPERSONAL RESIDENCE LOCATED AT2100 NEW HOPE DR., CEDAR PARK,TX (SEE ATTACHED INVENTORY OFFURNITURE AND PERSONALEFFECTS) 9,800.

2 FEDERAL PERSONAL INCOME TAXESTIMATES (PREPAYMENTS)FORTAXABLE YEAR 2012. PREPAIDBEFORE DEATH AND A CREDITAGAINST 2012 TAX LIABILITY(SCHEDULE K) 25,000.

3 VEHICLE OWNED AT DATE OF DEATH2008 MERCEDES E-350LICENSE NO:VEHICLE ID#:OPTIONS:CONDITION:MILEAGE:

VALUE OBTAINED THROUGH EDMUNDSONLINE VALUATION. TRADE INVALUE WAS USED TO DETERMINEVALUE.(SEE ATTACHED VALUATION) 16,024.

6,600.

Form 706

Decedent's SSN

Estate of:

Continuation of SCHEDULE F - Other Miscellaneous Property Not Reportable Under Any Other Schedule

CUSIP number orItem Description EIN, where Alternate Value at

Alternate valueno. For securities, give CUSIP number, if available. applicable valuation date date of death

FDRL2401L 05/17/13



6,600.

4 VEHICLE OWNED AT DATE OFDEATH2005 TOYOTA PRIUSLICENSE NO:VEHICLE ID#:OPTIONS:CONDITION:MILEAGE:

VALUE OBTAINED THROUGHEDMUNDS ONLINE VALUATION.TRADE IN VALUE WAS USED TODETERMINE VALUE.(SEE ATTACHED VALUATION) 6,600.

Form 706 (Rev 8-2013)

Decedent's SSN

Estate of:

SCHEDULE G ' Transfers During Decedent's Life(If you elect section 2032A valuation, you must complete Schedule G and Schedule A-1.)

Note. If the value of the gross estate, together with the amount of adjusted taxable gifts, is less than the basic exclusion amount and the Form 706 is being filed solely to elect portability of theDSUE amount, consideration should be given as to whether you are required to report the value of assets eligible for the marital or charitable deduction on this schedule. See the instructionsand Reg. section 20.2010-2T(a)(7)(ii) for more information. If you are not required to report the value of an asset, identify the property but make no entries in the last three columns.

Item Description. For securities, give CUSIP number. If trust, Alternate Alternate value Value at date of deathnumber partnership, or closely held entity, give EIN valuation date

Gift tax paid or payable by the decedent or the estate for all giftsAmade by the decedent or his or her spouse within 3 years beforethe decedent's death (section 2035(b)). . . . . . . . . . . . . . . . . . . . . . . . . . . X X X X X

Transfers includible under section 2035(a), 2036, 2037, or 2038:B

Total from continuation schedules (or additional statements) attached to this schedule. .

TOTAL. (Also enter on Part 5 ' Recapitulation, page 3, at item 7.) . . . . . . . . . . . . . . . . . . . .

SCHEDULE H ' Powers of Appointment(Include '5 and 5 lapsing' powers (section 2041(b)(2)) held by the decedent.)

(If you elect section 2032A valuation, you must complete Schedule H and Schedule A-1.)


Item AlternateDescription Alternate value Value at date of deathnumber valuation date

Total from continuation schedules (or additional statements) attached to this schedule. .

TOTAL. (Also enter on Part 5 ' Recapitulation, page 3, at item 8.) . . . . . . . . . . . . . . . . . . . .


FDRA1001L 08/30/13 Schedules G and H ' Page 15BAA


5,214,109.

0.

1 THE SARAH JONES TRUST DATED SEPTMEBER 1,2007 (REVOCABLE LIVING TRUST) ASSETS WEREADDED AND FUNDED TO THIS SEPARATE PROPERTYTRUSTDURING THE LIFETIME OF THE DECEDENT.THE DECEDENT WAS THE SOLE TRUSTEE. TRUSTAGREEMENT ATTACHED. INCLUDED UNDER IRSSECTION 2038. SEE LISTING OF TRUST ASSETSREMAINING AT DATE OF DEATH BELOW. 0.

2 REAL ESTATE - PERSONAL RESIDENCE -COMMONLY KNOWN AS 2100 NEW HOPE DRIVE,CEDAR PARK, TEXASLEGAL DESCRIPTION - LOT XX OF TRACTXXXX,IN THE CITY OF CEDAR PARK, COUNTY OFWILLIAMSON, AS PER MAPBOOK PAGE XXX,PARCEL NUMBER (APN) XXX-XXX-XXX-XXX,

5,214,109.

Form 706

Decedent's SSN

Estate of:

Continuation of SCHEDULE G - Transfers During Decedent's Life

Item Description Alternate Value atAlternate valueno. For securities, give CUSIP number, if available. valuation date date of death

FDRL2512L 05/17/13



3,460,000.

(SEE APPRAISAL ATTACHED) 375,000.

3 REAL ESTATE - COMMERCIAL RENTAL PROPERTY -COMMONLY KNOWN AS 2500 CRYSTAL FALLS PKWY,LEANDER, TEXASLEGAL DESCRIPTION: LOT NOS. X1,XX2,XX3,ANDXX4 OF TRACT XXXX, IN THE CITY OF LEANDER,COUNTY OF WILLIAMSON, PER MAPBOOK PAGEXX-XX & XX-XX3, PARCEL NUMBER (APN)XXX-XXX-XXX-XXXX. (SEE APPRAISAL ATTACHED) 1,600,000.

4 REAL ESTATE - RESIDENTIAL RENTAL PROPERTY- COMMONLY KNOWN AS 100 FIRST STREET,LEANDER, TEXASLEGAL DESCRIPTION: LOT NO. XXX OF TRACTXXXX, IN THE CITY OF LEANDER, COUNTY OFWILLIAMSON, PER MAPBOOK PAGE XX-XX &XX-XX3, PARCEL NUMBER (APN)XXX-XXX-XXX-XXXX. (SEE APPRAISAL ATTACHED) 275,000.

5 REAL ESTATE - RESIDENTIAL RENTAL PROPERTY- COMMONLY KNOWN AS 2500 SPLIT CREEK RD,LEANDER, TEXASLEGAL DESCRIPTION: LOT NO. XX3 OF TRACTX4XXX, IN THE CITY OF LEANDER, COUNTY OFWILLIAMSON, PER MAPBOOK PAGE XX-XX &XX-XX3, PARCEL NUMBER (APN)XXX-XXX-XXX-XXXX. (SEE APPRAISAL ATTACHED) 245,000.

6 REAL ESTATE - RESIDENTIAL RENTAL PROPERTY- COMMONLY KNOWN AS 2520 SPLIT CREEK RD.,LEANDER, TEXASLEGAL DESCRIPTION: LOT NO. XX3 OF TRACTXX4XX, IN THE CITY OF LEANDER, COUNTY OFWILLIAMSON, PER MAPBOOK PAGE XX-XX &XX-XX3, PARCEL NUMBER (APN)XXX-XXX-XXX-XXXX. (SEE APPRAISAL ATTACHED) 295,000.

7 REAL ESTATE - RESIDENTIAL RENTAL PROPERTY- COMMONLY KNOWN AS 2540 SPLIT CREEDK RD,LEANDER, TEXASLEGAL DESCRIPTION: LOT NO. XX4 OF TRACTXX4XX, IN THE CITY OF LEANDER, COUNTY OFWILLIAMSON, PER MAPBOOK PAGE XX-XX &XX-XX3, PARCEL NUMBER (APN)XXX-XXX-XXX-XXXX. (SEE APPRAISAL ATTACHED) 305,000.

8 REAL ESTATE - RESIDENTIAL RENTAL PROPERTY- COMMONLY KNOWN AS 2565 SPLIT CREEK RD,LEANDER, TEXASLEGAL DESCRIPTION: LOT NO. XZ1 OF TRACTXX4XX, IN THE CITY OF LEANDER, COUNTY OFWILLIAMSON, PER MAPBOOK PAGE XX-XX &XX-XX3, PARCEL NUMBER (APN)XXX-XXX-XXX-XXXX. (SEE APPRAISAL ATTACHED) 365,000.

9 NOTE RECEIVABLE - SECURED BY A DEED OFTRUST ON PROPERTY LOCATED AT 2560 SPLITCREEK RD, LEANDER, TEXAS - TRUST DEED

Form 706

Decedent's SSN

Estate of:



FDRL2512L 05/17/13



837,372.

RECORDED WITH THE COUNTY OF WILLIAMSON -INTEREST IS COMPOUNDED ANNUALLY AT A RATEOF 5.25% PER ANNUM. INTEREST ONLY

NOTE INCLUDES ACCRUED INTEREST OF $1,270 451,270.

10 COMMON STOCK 5,000 SHARES,GENERAL ELECTRIC CORPGE (SYMBOL)CUSIP #XXXXXXXXX

INCLUDES ACCRUED DIVIDENDS TO DATE OFDEATH OF $958 126,558.

11 COMMON STOCK 1000 SHARESBRITISH PETROLEUM PLCBP (SYMBOL)CUSIP # XXXXXXX

INCLUDES ACCRUED DIVIDEND TO THE DATE OFDEATH OF $550.00 41,270.

12 COMMON STOCK XXXX SHARESSTOCK NAME (CORP)NYSE OR NAS EXCHANGE LISTINGCUSIP # XXXXXXXX

INCLUDES ACCRUED DIVIDENDS TO THE DATE OFDEATH OF $ XXX 120,789.








Form 706

Decedent's SSN

Estate of:



FDRL2512L 05/17/13



437,982.












22 MUNICIPAL BONDS 150,000 FACEBOND NAME (MUNICIPALITY)INTEREST RATE XXXXMATURITY DATE: XX/XX/XXXXCUSIP # XXXXXXX

INCLUDES ACCRUED INTEREST TO THE DATE OFDEATH OF $2625 152,625.


INCLUDES ACCRUED INTEREST TO THE DATE OF

Form 706

Decedent's SSN

Estate of:



FDRL2512L 05/17/13



478,755.

DEATH OF $1530 201,530.





Form 706 (Rev 8-2013)Decedent's SSN

Estate of:

SCHEDULE I ' AnnuitiesNote. Generally, no exclusion is allowed for the estates of decedents dying after December 31, 1984 (see instructions).


Yes NoAre you excluding from the decedent's gross estate the value of a lump-sum distribution described in section 2039(f)(2) (as inAeffect before its repeal by the Deficit Reduction Act of 1984)?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . If 'Yes,' you must attach the information required by the instructions.

Item Description. Alternate Includible Includible valuenumber Show the entire value of the annuity before any exclusions valuation date alternate value at date of death

Total from continuation schedules (or additional statements) attached to this schedule. . .

TOTAL. (Also enter on Part 5 ' Recapitulation, page 3, at item 9.). . . . . . . . . . . . . . . . . . . . .


BAA FDRA1101L 09/11/13 Schedule I ' Page 16


X

760,479.

1 IRA - INDIVIDUAL RETIREMENT ACCOUNTINVESTMENT ACCOUNT - CORPORATE BONDSCHARLES SCHWAB & COMPANYADDRESS:CITY, STATE, ZIPACCOUNT NUMBER:

INCLUDES ACCRUED INTEREST TO DATE OF DEATHOF $10,479 760,479.

Form 706 (Rev 8-2013)

Decedent's SSN

Estate of:

SCHEDULE J ' Funeral Expenses and Expenses Incurred in Administering Property Subject to ClaimsG Use Schedule PC to make a protective claim for refund due to an expense not currently deductible.

For such a claim, report the expense on Schedule J but without a value in the last column.

Note. Do not list expenses of administering property not subject to claims on this schedule. To report those expenses, see instructions.

If executors' commissions, attorney fees, etc., are claimed and allowed as a deduction for estate tax purposes, they are not allowableas a deduction in computing the taxable income of the estate for federal income tax purposes. They are allowable as an income taxdeduction on Form 1041, U.S. Income Tax Return for Estates and Trusts, if a waiver is filed to forgo the deduction on Form 706 (seeInstructions for Form 1041).

Yes No

Are you aware of any actual or potential reimbursement to the estate for any expense claimed as a deduction on this schedule?. . .

If 'Yes,' attach a statement describing the expenses(s) subject to potential reimbursement. (see instructions)

Description Expense amount Total amountItemnumber

A Funeral expenses:

GTotal funeral expenses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B Administration expenses:

estimated /agreed upon /paid. (Strike out the words that doExecutors' commissions ' amount1not apply.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

estimated /agreed upon /paid. (Strike out the words that do not apply.) . . . . Attorney fees ' amount2

estimated /agreed upon /paid. (Strike out the words that do not apply.). Accountant fees ' amount3

Expense amountMiscellaneous expenses:4

Total miscellaneous expenses from continuation schedules (or additionalstatements) attached to this schedule. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

GTotal miscellaneous expenses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . GTOTAL. (Also enter on Part 5 ' Recapitulation, page 3, at item 14.). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .


FDRA1201L 09/03/13BAA Schedule J ' Page 17


9,500.

70,571.45,600.30,334.

16,915.172,920.

X

1 FUNERAL EXPENSES 9,500.

1 TRUSTEE AND ADMINISTRATIVE EXPENSES 5,540.

2 ADMINISTRATIVE EXPENSES PROJECTED TO THE END OF THEESTATE 6,500.

3 APPRAISAL FEES FOR ALL PROPERTIES 3,300.

4 REAL ESTATE OPERATIONAL COSTS 1,575.

Form 706 (Rev 8-2013)Decedent's SSN

Estate of:

SCHEDULE K' Debts of the Decedent, and Mortgages and LiensUse Schedule PC to make a protective claim for refund due to a claim not currently deductible.G

NoFor such a claim,report the expense on Schedule K but without a value in the last column. YesAre you aware of any actual or potential reimbursement to the estate for any debt of the decedent, mortgage, or lienclaimed as a deduction on this schedule?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . If 'Yes,' attach a statement describing the items subject to potential reimbursement. (see instructions)Are any of the items on this schedule deductible under Reg. section 20.2053-4(b) and Reg. section 20.2053-4(c)?. . . . . . . . . . . . . . . . If 'Yes,' attach a statement indicating the applicable provision and documenting the value of the claim.

Item Debts of the Decedent ' Creditor and nature of debt, and Amountnumber allowable death taxes

Total from continuation schedules (or additional statements) attached to this schedule . . . . . . . . . . . . . . . . . . . . . . . .

TOTAL. (Also enter on Part 5 ' Recapitulation, page 3, at item 15.). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Item AmountMortgages and Liens ' Descriptionnumber

Total from continuation schedules (or additional statements) attached to this schedule . . . . . . . . . . . . . . . . . . . . . . . . .

TOTAL. (Also enter on Part 5 ' Recapitulation, page 3, at item 16.). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .


FDRA1301L 08/30/13BAA Schedule K ' Page 18


6,935.

582,957.

X

X

1 CREDIT CARD PAYMENT DUE AND PAYABLE AT THEDECEDENTS DATE OF DEATH

VISA ACCOUNT FROM CHASE BANK

6,935.

1 MORTGAGE PAYABLE TO JP MORGAN CHASE FOR COMMERCIAL PROPERTY LOCATEDAT 2500 CRYSTAL FALLS PKWY, LEANDER, TX.THIS NOTE CARRIES AN INTEREST RATE OF 5.25% DUE JUNE 30, 2020

INCLUDES ACCRUED INTERST EXPENSE THROUGH DATE OF DEATH 352,935.

2 MORTGAGE PAYABLE TO JP MORGAN CHASE FOR RESIDENTIAL PROPERTYLOCATED AT 2500 SPLIT CREEK ROAD, LEANDER, TX.THIS NOTE CARRIES AN INTEREST RATE OF 4.25% DUE JUNE 30, 2025

INCLUDES ACCRUED INTERST EXPENSE 224,522.

3 FEDERAL TAX LIABILITY FOR 2012 - THE FEDERAL INCOME TAX FOR THEDECEDENT FOR 2012 WAS $5,500 PER THE FIRST TWO PAGES OF FORM 1040ATTACHED. 5,500.

Form 706 (Rev 8-2013)

Decedent's SSN

Estate of:

SCHEDULE L ' Net Losses During Administration andExpenses Incurred in Administering Property Not Subject to Claims

G Use Schedule PC to make a protective claim for refund due to an expense not currently deductible. For such expenses, report the expense on Schedule L but without a value in the last column.

Item Net losses during administration. Amountnumber (Note. Do not deduct losses claimed on a federal income tax return.)



Item Expenses incurred in administering property not subject to claims. Amountnumber (Indicate whether estimated, agreed upon, or paid.)




Schedule L ' Page 19

FDRA1401L 08/29/13BAA


0.

4,072.

1 UNPAID BILLS OUTSTANDING AT DATE OF DEATH:MEDICAL BILLS (LAST ILLNESS) $3690PHONE 57UTILITIES 325 4,072.

Form 4768OMB No. 1545-0181Application for Extension of Time To File a Return and/or(Rev. August 2012)

Pay U.S. Estate (and Generation-Skipping Transfer) TaxesDepartment of the TreasuryInternal Revenue Service

Part I IdentificationDecedent's first name and middle initial Decedent's last name Date of death

Name of executor Name of application filer (if other than the executor) Decedent's social security number

Address of executor (Number, street, and room or suite number) Estate tax return due date

City, state, and ZIP code Domicile of decedent (county, state, and ZIP code) Daytime telephone number

Part II Extension of Time To File Form 706, 706-A, 706-D, 706-NA, or 706-QDT (Section 6081)

Automatic Extension

If you are applying for an automatic 6-month extension of time to file:

? GForm 706, check here. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

? Form 706-A, 706-D, 706-NA, or 706-QDT, indicate the form by checking the appropriate box below.

Form 706-A Form 706-D Form 706-NA Form 706-QDT

Additional Extension

GIf you are an executor out of the country applying for an extension of time to file in excess of 6 months, check here. . . . . . . . . . . . . . . . . . . . . Extension date requested

Also you must attach a statement explaining in detail why it was impossible or impractical to file Form 706 by the duedate. See instructions.

Part III Extension of Time To Pay (Section 6161)Extension date requested

You must attach your written statement to explain in detail why it is impossible or impractical to pay the full amount of (Not more than 12 months)the estate (or GST) tax by the return due date. If the taxes cannot be determined because the size of the gross estate

is unascertainable, check here and enter '-0-' or other appropriate amount on Part IV, line 3. You must attachGan explanation.

? GIf this request is for the tax that will be or was due with the filing of Form 706, check here. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

? GIf this request is for the tax that will be due as a result of an amended or supplemental Form 706, check here. . . . . . . . . . . . . . . . . . . . . . .

? GIf this request is for additional tax due as a result of an examination of your Form 706, check here. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

? GIf this request is for a section 6166 installment payment, check here. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Part IV Payment To Accompany Extension RequestAmount of estate and GST taxes estimated to be due . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 1

Amount of cash shortage (complete Part III). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 2

Balance due (subtract line 2 from line 1) (see instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 3

Signature and Verification

If filed by executor ' Under penalties of perjury, I declare that I am an executor of the estate of the above-named decedent and that to thebest of my knowledge and belief, the statements made herein and attached are true and correct.

Executor's signature Title Date

If filed by someone other than the executor ' Under penalties of perjury, I declare that to the best of my knowledge and belief, the statementsmade herein and attached are true and correct, that I am authorized by an executor to file this application, and that I am (check box(es) thatapply(ies)):

A member in good standing of the bar of the highest court of (specify jurisdiction) G

A certified public accountant duly qualified to practice in (specify jurisdiction) G

A person enrolled to practice before the Internal Revenue Service.

A duly authorized agent holding a power of attorney. (The power of attorney need not be submitted unless requested.)

Filer's signature (other than the executor) Date

BAA For Paperwork Reduction Act Notice, see separate instructions. Form 4768 (Rev 8-2012)

FDRA2212L 09/27/12

SARAH JONES 3/20/2013

GLENN SMITH 999-99-9999

50 ANY STREET 12/20/2013

GEORGETOWN, TX 78633 ROUND ROCK, TEXAS (512) 999-9999

X

463,794.

463,794.

Form 4768 (Rev 8-2012)Decedent's first name and middle initial Decedent's last name Decedent's social security number

Part V Notice to Applicant ' To be completed by the Internal Revenue ServiceNote. If applying for an extension of time to pay, file this page in duplicate.

The application for extension of time to pay (Part III) is:

Approved

Not approved because (see instructions for your appeal rights)

Other

Internal Revenue Service official Address Date

Name (print)

Title (print)

Signature:

Form 4768 (Rev 8-2012)

FDRA2212L 09/27/12


2013 Federal Statements Page 1


Statement 1Form 706, Page 2, Part 4, Line 3bPrior Marriages

GEORGE JONES

Schedule J - Administrative ExpensesExpense amount

706 PREPARATION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 27,834.PREPARATION OF DECEDENTS TAX RETURNS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,500.

Total $ 30,334.

Code Note

MORTGAGE NOTE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 350,000.ACCRUED INTEREST EXPENSE. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,935.

Total $ 352,935.

Code Note

MORTGAGE NOTE PAYABLE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 224,000.ACCRUED MORTGAGE INTEREST . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 522.

Total $ 224,522.

2013 Federal Supporting Detail Page 1


Documents

New DAVID B TOLKAN & ASSOCIATES 484B WASHINGTON ST # … · 2014. 11. 21. · DAVID B TOLKAN & ASSOCIATES 484B WASHINGTON ST # 313 MONTEREY, CA93940 (831) 277-6602 October 21, 2014