The Federal Estate Tax Return: Dealing with Portability and other Preparation Pointers

Philadelphia Bar Association’s Probate & Trust Section’s Tax Committee

May 21, 2013

Robert M. Maxwell, Esq. Direct: 215-419-6914

Director of Estate Tax, Managing Director Facsimilie: 215-640-3753

The Glenmede Trust Company, N.A.

robert.maxwell@glenmede.com

1. Filing the Federal Estate Tax Return

a. Extension of Time to Pay

b. Extension of Time to File

2. Lifetime gifts and Form 706

a. Duty of executor to inquire as to prior gifts

b. Line 4 Worksheet-Adjusted taxable gifts

c. Line 7 Worksheet-Total gift tax paid or payable

3. Gallenstein

a. Full basis step up of house

b. Capital gains when the surviving spouse sells the house.

4. State Death Tax Deduction

a. What is deductible?

5. Deceased Spousal Unused Exclusion (DSUE) [Portability]

a. Portability for the decedent with a Surviving Spouse

i. To which estates does portability apply?

ii. How do you elect portability?

iii. How do you opt out?

b. How do you calculate the amount that is portable?

i. What impact of prior gifts?

c. “Complete and properly prepared” Return

i. Estimating with the special rule of Treas. Reg. §20.2010-2T(a)(7)(ii)

6. The Surviving Spouse and the Deceased Spousal Unused Exclusion

a. When can the surviving spouse use the DSUE?

b. When does the DSUE end?

i. “last deceased spouse”

ii. Remarriage, or remarriage and divorce by surviving spouse

c. Gift Tax Return of Surviving Spouse

d. Federal Estate Tax Return of Surviving Spouse

7. Prior Transfer Credit

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TIMELINE OF EVENTS – Beth R. Tyler, Edward Fleisher, Jessica Sampson

12/31/1969 Beth R. Tyler marries Edward Fleisher

01/01/1972 Beth and Edward buy 23 Lowry’s Lane, Rosemont, PA

-Beth pays all consideration

-House titled as tenants-by-the-entireties

02/02/2002 Beth gives $1,511,000 to Michelle Jackson (her sister)

-Annual gift tax exclusion is $11,000

-Gift tax due when lifetime taxable gifts exceed $1,000,000

04/15/2002 Beth files a 2002 Gift Tax Return

-Pays $210,000 of Gift Tax

01/05/2012 Beth dies

-Surviving spouse: Edward Fleisher

-Executor: Edward Fleisher

-Federal Estate Tax Return due 10/05/2012 – extended to 4/05/2013

-PA Inheritance Tax Return due 10/05/2012 – extended to 4/05/2013

-“Gross estate” plus “adjusted taxable gifts” are less than $5,120,000

Federal filing requirement.

-Federal Estate Tax Return filed for portability.

$2,659,148 is the Deceased Spousal Unused Exclusion (DSUE)

portable to Edward Fleisher for gift and estate tax purposes.

05/02/2012 Edward Fleisher marries Jessica Sampson

06/14/2012 Edward gives $2,013,000 to Bubbles Barton (his daughter)

-Annual gift tax exclusion is $13,000

8/21/2012 Jessica Sampson dies

-Federal Estate Tax Return due 5/21/2013

-PA Inheritance Tax Return due 5/21/2013

02/02/2013 Edward Fleisher dies

-Federal Estate Tax Return due 11/2/2013

-PA Inheritance Tax Return due 11/2/2013

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I. THE FEDERAL ESTATE TAX RETURN-GENERAL FILING INFORMATION

A. WHICH ESTATES MUST FILE A RETURN

1. Gross estate requirement—The executor must file a federal estate tax

return if the gross estate, plus adjusted taxable gifts and specific exemption is

more than the amount shown below:

a) 2011 deaths-$5,000,000

b) 2012 deaths-$5,120,000

c) 2013 deaths-$5,250,000 (top rate increases to 40%)

2. Portability election—The executor must a file a federal estate tax return

(regardless of the size of the gross estate), if the executor wants to elect to permit

the decedent’s surviving spouse to use the decedent’s unused exclusion amount.

a) The 2012 Tax Relief Act (passed January 1, 2013) made the

portability provisions permanent. (Under the 2010 Tax Relief Act, the

portability provisions only applied to 2011 and 2012 decedents.).

3. Unified Credit Against Estate Tax

a) A credit of the applicable credit amount shall be allowed to the

estate of every decedent against the federal estate tax. I.R.C. § 2010(a)

b) The “applicable credit amount” is the amount of the tentative tax

which would be determined on the “applicable exclusion amount”. I.R.C.

§ 2010(c)(1)

c) The “applicable exclusion amount” is the sum of:

(1) The “basic exclusion amount” ($5,000,000 for 2011 deaths;

$5,120,000 for 2012 deaths, $5,250,000 for 2013 deaths), AND

(2) In the case of a “surviving spouse”, the “deceased spousal

unused exclusion amount”. I.R.C. §2010(c)(2)

(3) The “deceased spousal unused exclusion amount” is the

lesser of:

(a) The “basic exclusion amount” ($5,000,000 for 2011

deaths; $5,120,000 for 2012 deaths; $5,250,000 for 2013

deaths), OR

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(b) The excess of:

(i) The applicable exclusion amount of the last

such deceased spouse of such surviving spouse,

over

(ii) The amount with respect to which the

tentative tax is determined on the estate of such

deceased spouse. I.R.C. §2010(c)(4)

d) Prior Gift Tax Paid-For purposes of the Deceased Spousal Unused

Exclusion Amount calculation, the amount of adjusted taxable gifts is

reduced by the amount of gifts on which gift tax was paid. Treas. Reg.

§20.2010-2T(c)(2)

4. Portability Election

a) A “deceased spousal unused exclusion amount” [“DSUE”] may

only be taken into account by a surviving spouse if the executor of the

deceased spouse:

(1) Timely files (including extensions) a federal estate tax

return on which the amount is computed; and

(2) Makes an election on the federal estate tax return. I.R.C.

§2010(c)(5)(A)

b) The election is irrevocable. I.R.C. §2010(c)(5)(A)

(1) A portability election can be superseded by a subsequently

filed return, provided that return is filed by the due date of the

return. Treas. Reg. §20.2010-2T(a)(4)

c) Deemed election—Upon timely filing of a complete and properly-

prepared estate tax return, the executor will have elected portability of the

DSUE amount unless the executor chooses not to elect portability. Treas.

Reg. §20.2010-2T(a)(2)

d) Ways to not make the Portability Election

(1) 2011 Federal Estate Tax Form

(a) Statement-Attach a statement to the return

indicating that the estate is not making the election under

2010(c)(5); Treas. Reg. §20.2010-2T(a)(3)(i)

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(b) Write “No Election under Section 2010(c)(5)”

across the top of the first page of the federal estate tax

return. Instructions for Form 706 (Rev. August 2011), p.

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(c) Do not file a Federal Estate Tax Return (Treas. Reg.

§20.2010-2T(a)(3)(ii)

(2) 2012 Federal Estate Tax Return

(a) See Part 6, Section A. Portability Election

e) “Complete and Properly-Prepared Requirement”

(1) A return is “complete and properly-prepared” if prepared in

accordance with the form instructions and the Internal Revenue

Code and Regulations. Treas. Reg. 20.2010-2T(a)(7)(i)

(a) Exceptions to reporting requirements where return

is being filed for portability election only:

(i) For bequests, devises or transfers which are

deductible under I.R.C. § 2056 or §2056A (marital

deduction property) or I.R.C. §2055(a) (charitable

deduction property), an executor does not have to

report the value for such property and will only

need to report:

(a) A description of the property;

(b) Ownership;

(c) The beneficiary; and

(d) All information necessary to

establish the right of the estate to the estate

tax deduction. Treas. Reg. §20.2010-

2T(a)(7)(ii)(A)

(ii) Statement required—This exception only

applies if executor uses due diligence to estimate

the fair market value of the estate and attaches a

statement indicating that the gross estate is his or

her best estimate rounded to the nearest $250,000.

Treas. Reg. §20.2010-2T(a)(7)(ii)(B)

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(a) The 2012 Form 706 and Instructions

provide:

(i) Check box 11 on page 1 if

you are estimating the value of assets

that qualify for the marital and

charitable deductions;

(ii) List those assets on the

corresponding Federal Estate Tax

Schedule without a value;

(iii) Using the Table of Estimated

Values on page 16 of the

Instructions, enter the total value of

estimated assets on Part 5, lines 10

and 23 of the Recapitulation on page

3 of Form 706.

f) Computation required for portability election

(1) Transitional Rule (2011 Deaths) –A “complete and

properly-prepared estate tax return” will be deemed to include the

computation of the DSUE amount. Treas. Reg. §20.2010-2T(b)(2)

(2) 2012 Form 706 has a calculation of the DSUE amount (See

part 6)

g) Computing the DSUE Amount

(1) In general, the DSUE is the lesser of:

(a) The basic exclusion for the year of death of the

decedent ($5,000,000 for 2011 deaths; $5,120,000 for 2012

deaths; $5,250,000 for 2013 deaths); or

(b) The excess of—

(i) The decedent’s applicable exclusion

amount; over

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(ii) The sum of the amount of the taxable estate

and the amount of the adjusted taxable gifts of the

decedent, which is the amount on which the

tentative tax on the decedent’s estate is determined.

Treas. Reg. §20.2010-2T(c)(1)

h) Use of DSUE by surviving spouse

(1) The DSUE of the “last deceased spouse” can be used by the

surviving spouse for transfers made after the decedents death (for

gifts and on the surviving spouse’s federal estate tax return)

provided the portability election is made. Treas. Reg §20.2010-

3T(c) and Treas. Reg. §20.2505-2T(d)

(2) If a surviving spouse makes a taxable gift, the DSUE is

applied first before the surviving spouse’s own basic exclusion

amount. Treas. Reg. §25.2505-2T(b).

(3) The term “last deceased spouse” means the most recently

deceased individual who, at that individual’s death after December

31, 2010, was married to the surviving spouse. Treas. Reg.

§25.2010-1T(d)(5)

(4) If the surviving spouse remarries, or remarries and then

gets divorced, the identity of the last deceased spouse remains

unchanged for gifts made by the surviving spouse, or on the

surviving spouse’s federal estate tax return. Treas. Reg. §25.2010-

3T(a)(3); Treas. Reg. §25.2505-2T(a)(3).

(5) With multiple deceased spouses, the special rule is that the

DSUE amount available is the DSUE of the surviving spouse’s last

deceased spouse and the DSUE amount of each other deceased

spouse that was applied to taxable gifts made by the surviving

spouse. Treas. Reg. §25.2010-3T(b) and Treas. Reg. §25.2505-

2T(c)

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B. WHEN TO FILE A FEDERAL ESTATE TAX RETURN

1. The Federal Estate Tax Return is due within nine months of the decedent’s

death. I.R.C. §6075(a)

2. Extensions in general

a) File Form 4768, Application for Extension of Time to File a

Return and/or Pay U.S. Estate (and Generation-Skipping Transfer) Taxes

3. Extension of Time to File Form 706 (I.R.C. §6081)

a) An automatic 6-month extension is allowed if you file form 4768

and check the box.

4. Extension of Time to Pay (Section §6161)

a) Extension may not exceed 12 months.

b) Attach a written statement showing why it is impossible or

impractical to pay the full amount of the tax.

(1) Examples of reasonable cause from Treas. Reg. §20.6161-1

(a) Assets needed to pay the tax are located in several

jurisdictions and not immediately subject to control of

executor.

(b) Estate is substantially comprised of rights to receive

future payments such as annuities, receivables or royalties.

(c) Estate consists of a claim which cannot be collected

without litigation.

c) Even in an estate where you estimate no federal estate tax will be

due, request an extension to pay in case you decide to pay estate tax when

the final return is completed.

5. Reasons to extend a federal estate tax return.

a) Executor is missing information on assets or deductions.

b) Executor is missing a valuation of an asset.

c) A substantial asset is listed for sale (such as a house).

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d) The decedent is survived by a spouse there is an opportunity for

significant estate planning if the surviving spouse does not live out the

extension period. Consider the health of the surviving spouse and the

nature of the surviving spouse’s assets.

e) Does decedent’s estate contain a trust or other asset for which a

Qualified Terminable Interest Property Election can be made?

II. ASSETS REPORTABLE ON THE FEDERAL ESTATE TAX RETURN

A. REAL ESTATE

1. In General—

a) The gross estate of a citizen or resident of the United States

includes the value of all real property owned by the decedent at the time of

his or her death whether it passed directly to heirs or devisees, or came

into control of the executor or administrator. Treas. Reg. §20.2033-1

b) Valuation of Real Estate

(1) Sales Price—If the property is sold after death, value the

property at the sales price if it is an arms length transaction.

Attach a copy of the settlement sheet as an exhibit to the Return.

(a) Expenses of sale of real estate--Consider deducting

the selling expenses (brokerage fees, etc.) as administration

expenses on the federal estate tax return if the sale was

necessary for the settlement of the estate. Treas. Reg.

§20.2053-3(d)(2) If the real estate passes by operation of

law or specific bequest to a beneficiary, the selling

expenses should be the responsibility of the beneficiary and

not deductible on the Federal Estate Tax Return.

(2) Appraised value—If the property is not sold, or is

specifically devised to an individual, obtain an appraisal of the

property to attach as an exhibit to the return.

c) Protective refund claim—If property is likely to be sold after the

return is filed, consider filing a Protective Refund Claim using Form 843.

If the property sells for less than the appraised value on the return, a

refund may be appropriate.

2. Schedule A—Real estate interests held by the decedent

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a) Schedule A Items include:

(1) Land, improvements and fixtures held solely in the name of

the decedent.

(2) Condominium interests

(3) The decedent’s tenants in common interest in real property.

(4) Real property that the decedent contracted to purchase

before his or her death. (Deduct any unpaid purchase monies on

Schedule K as a debt).

b) Discounts—If the decedent owned an undivided fractional interest

in property, the appraiser may give a discount attributable to the lower

price a willing buyer would pay to purchase a fractional interest in real

estate. See Estate of Bonner Sr. v. U.S., 84 F3d 196 (5th

Cir. June 4, 1996)

in which the court held that the estate was entitled to a discount of

fractional interest discount in real estate and a boat.

3. Schedule E – Jointly held real estate

a) Property held by husband as wife as tenants by the entireties

property, or joint tenants with rights of survivorship is considered a

“qualified joint interest” under I.R.C. §2040(b)(2)

b) The full value of such property is listed on Schedule E, Part 1.

c) Only one half of the full value of the property is included in the

decedent’s gross estate. I.R.C. §2042(b)(1)

(1) Subsequent sale of real estate by surviving spouse: The

basis of the real estate will only receive one-half step up in basis.

(a) EXAMPLE: Husband and wife buy real estate in

1980 for $30,000. Husband dies and the date of death

value of the entire property is $450,000. Surviving

spouse’s basis in real estate is $15,000 (one-half of original

purchase price) plus $225,000 (one-half entitled to step up

in basis due to death). Total basis is $240,000. If the

spouse later sells the property for $600,000, the spouse’s

gain is $360,000 ($600,000 selling price less basis of

$240,000).

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(i) An individual can exclude $250,000 of gain

from sale of principal residence under I.R.C.

§121(b)(1) if certain requirements are met.

(ii) Husband and wife can exclude $500,000 of

gain from sale of principal residence under I.R.C.

§121(b)(2) if certain requirements are met.

(iii) Surviving spouse can exclude $500,000 of

gain if house is sold within two years of death of

first spouse and certain requirements are met.

I.R.C. §121(b)(4)

d) EXCEPTION: Step up in basis/Gallenstein Rule—If husband and

wife bought real estate prior to 1977 as entireties or survivorship property,

and one spouse contributed all consideration to the property, a step up of

the entire value of the real estate may be allowed when the contributing

spouse dies. See Gallenstein v. U.S., 975 F2d 286 (6th

Cir. 09/16/1992)

4. Real Estate held in Partnerships, or Sole Proprietorships

a) Report as part of the value of the partnership or proprietorship on

Schedule F.

5. Real Estate held in Trusts

a) Report as part of the Trust valuation if the Trust is reportable on

Schedule G.

b) If the real estate is held in a trust over which the Decedent had a

power of appointment, report on Schedule H.

B. STOCKS AND BONDS

1. In general—

2. Publicly traded stocks and bonds:

a) For publicly traded stocks and bonds, the fair market value is the

mean between the highest and lowest selling prices quoted on the

valuation date. Treas. Reg. §20.2031-2

(1) For stocks provide

(a) Number of shares;

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(b) Whether common or preferred;

(c) Issue;

(d) Par value where needed for identification;

(e) Price per share – the price per share is the mean

value of the high and low on the date of death;

(f) Exact name of corporation;

(g) Principal exchange upon which sold if listed on an

exchange; and

(h) Nine-digit CUSIP number;

(2) Dividends: List dividends that have not been collected at

death and are payable to the decedent or the estate because the

decedent was a stockholder of record on the date of death.

b) For bonds provide:

(1) Quantity and denomination;

(2) Name of obligor;

(3) Date of maturity;

(4) Interest rate;

(5) Interest due date;

(6) Principal exchange, if listed on an exchange, and

(7) Nine-digit CUSIP number.

(8) Interest: Include accrued to date of death.

3. For closely held stock, attach the following to the return:

a) Copies of complete financial and other data used to determine

value, including balance sheets and statements of the net earnings or

operating results and dividends paid for each of the 5 years immediately

before the valuation date. (Tax returns).

b) Valuation from appraiser or methodology used to calculate value.

4. Reporting of stocks and bonds

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a) If stocks and bonds are held in the decedent’s name alone, report

on Schedule B.

b) If stocks and bonds are held as tenants by the entireties or with

rights of survivorship by husband and wife, report on Schedule E, Part 1—

Qualified Joint Interests—Interest held by the Decedent and His or Her

spouse as the Only Joint Tenants.

c) If stocks and bonds are held jointly with someone other than a

surviving spouse, report on Schedule E, Part 2—All Other Joint Interests.

d) If stocks and bonds are held in a partnership, report as part of the

partnership valuation on Schedule F.

e) If stocks and bonds are held as part of a trust, report as part of the

trust valuation on Schedule F (Other Miscellaneous Property), Schedule G

(Transfers During Decedent’s life), or Schedule H (Power of

Appointment).

f) If stocks and bonds are held in a Payable on Death Account or a

Transfer on Death Account or form, list on Schedule G.

g) If stocks and bonds are held as part of an Individual Retirement

Account, report as part of the IRA valuation on Schedule I-Annuities.

C. MORTGAGES, NOTES, AND CASH

1. Mortgages payable to the decedent at the time of death:

a) For mortgages and notes, provide the following:

(1) Face value,

(2) Unpaid balance,

(3) Date of mortgage or note,

(4) Name of maker,

(5) Property mortgaged,

(6) Date of maturity,

(7) Interest rate, and

(8) Interest date.

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b) For contracts by the decedent to sell land report:

(1) Name of purchaser,

(2) Contract date,

(3) Property description,

(4) Sale price,

(5) Initial payment,

(6) Amounts of installment payment,

(7) Unpaid balance of principal, and

(8) Interest rate.

c) For miscellaneous cash items, report:

(1) Insurance refunds,

(2) Subscription refunds,

(3) Cash, coins.

d) For bank and money market accounts, report:

(1) Name and address of each financial organization,

(2) Amount in each account,

(3) Account number,

(4) Nature of account—checking, savings, time deposit, etc.,

and

(5) Unpaid interest accrued from date of last interest payment

to the date of death.

(6) Bank date of death letters—attach bank date of death

balance letters to return as an exhibit.

(7) Jointly held accounts held between decedent and non-

spouse

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(a) The full value of jointly owned property held with

anyone other than the spouse must be included on Schedule

E, Part 2.—All Other Joint Interests, unless:

(i) the executor can show that a part of the

property originally belonged to the other tenant and

was never received by the decedent for less than

adequate and full consideration, or

(ii) unless the executor can demonstrate that any

of the property was acquired with consideration

originally belonging to the surviving joint tenant.

I.R.C. §2040(a)

(b) Note Question 10 on Part 4, Page 3 of Form 706:

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 of the other joint tenants was someone other than the

decedent’s spouse, and (b) less than the full value of the

property is included on the return as part of the gross

estate?

D. LIFE INSURANCE REPORTABLE ON SCHEDULE D:

1. Proceeds of life insurance in which the decedent had any “incidents of

ownership” whether payable to the estate or other beneficiaries are included on

Schedule D. I.R.C. §2042

2. Incidents of ownership

a) The right of the insured or estate to its economic benefits;

b) The power to change the beneficiary;

c) The power to surrender or cancel the policy;

d) The power to assign the policy or revoke an assignment;

e) The power to pledge the policy for a loan;

f) The power to obtain form the insurer a loan against the surrender

value of the policy; and

g) A reversionary interest if the value of the reversionary interest was

more than 5% of the value of the policy.

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3. Describe the policy by listing:

a) The name of the insurance company, and

b) The number of the policy.

4. Report the proceeds paid in one lump sum and attach Form 712 obtained

from the insurance company.

5. Life Insurance on the Decedent’s life which decedent had no “incidents of

ownership” should be listed “FOR INFORMATION ONLY” on Schedule D.

Examples would be life insurance owned by a Life Insurance Trust or a Business.

a) Note question 9a on Part 4, Page 2 of Form 706: Was there any

insurance on the decedent’s life that is not included on the return as part of

the gross estate?

6. Life Insurance owned by the Decedent on others should be listed on

Schedule F.

a) Form 712 should be attached to the return.

b) Note question 9b on Part 4, Page 2 of Form 706: Did the decedent

own any insurance on the life of another that is not included in the gross

estate?

E. MISCELLANEOUS PROPERTY REPORTABLE ON SCHEDULE F

1. Business interests and partnerships

a) Provide statement of assets and liabilities for the valuation date and

for the 5 years before the valuation date.

b) Attach statements of net earnings for the same 5 years (tax returns

of partnership, Limited Liability Company, or S corporation).

c) Provide EIN (Employer Identification Number) of entity.

d) Provide valuation of entity.

e) Note question 11a on Part 4, Page 3 of Form 706: Did the

decedent, at the time of death, own any interest in a partnership (for

example, a family limited partnership), an unincorporated business, or a

limited liability company; or own any stock in an inactive or closely held

corporation?

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f) VALUATION DISCOUNTS FOR BUSINESSES OR

PARTNERSHIPS:

(1) Note question 11b on Part 4, Page 3 of Form 706: If “Yes”

was the value of any interest owned (from above-see 10a)

discounted on this estate tax return? If “Yes,” the instructions

require that the executor attach a statement that identifies the

business entity on Schedule F and the discounts taken.

(2) Possible discounts

(a) Lack of control

(b) Lack of marketability

2. Insurance on the life of another (attach Form 712 showing the value)

3. If decedent was a surviving spouse, they may have been the beneficiary of

a qualified terminable interest property (QTIP) trust established by the first

spouse to die. The value of the trust assets is reportable on Schedule F. I.R.C.

§2044 Property

4. Rights

5. Royalties

6. Leaseholds

7. Judgments

8. Reversionary or remainder interests

9. Household goods and personal effects, including wearing apparel

a) For assets specifically bequeathed to individuals:

(1) Report sale value if sold at an arms length transaction (at

auction or for appraised value).

(2) Report appraised value if not sold.

b) For assets that are left to residue of the estate:

(1) Report sale value net of auctioneer or sale commissions or

deduct selling expenses as administrative expenses.

10. Livestock

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11. Farm machinery

12. Automobiles.

F. TRANSFERS DURING THE DECEDENT’S LIFE—Schedule G

1. Gift taxes paid by the decedent or the estate on gifts made by the decedent

or the decedent’s spouse within 3 years of death are included in the gross estate.

I.R.C. §2035(b)

2. Transfers made within 3 years of death that would have been included

under I.R.C. §2036, §2037, §2038, or I.R.C. §2042 had the decedent retained the

interest in the property are included in the gross estate. I.R.C. §2035(a).

a) Example: Where the decedent transfers ownership of a life

insurance policy to another within three years of death, the policy

proceeds are included in the decedent’s estate because the proceeds would

have been included in decedent’s estate under I.R.C. §2042 had the

decedent retained ownership of the policy.

3. Transfers by the decedent in which the decedent retained an interest in the

property are included in the gross estate. I.R.C. §2036

a) If the decedent transferred property to a trust and retained an

income, annuity or unitrust interest in the trust for decedent’s life, or for a

period that does not end before decedent’s death, the value of the trust is

included in the gross estate. I.R.C. §2036(a)

4. Transfers taking effect at death are included in the decedent’s gross estate.

I.R.C. §2037

5. Revocable transfers are included in the decedent’s gross estate. I.R.C.

§2038.

a) If the decedent had to right to change, alter, amend, revoke or

terminate the enjoyment of the property, the property is included in the

decedent’s gross estate.

b) A Revocable Trust or Totten Trust are revocable transfers included

in the decedent’s gross estate under I.R.C. §2038.

G. POWERS OF APPOINTMENT—SCHEDULE H

1. A “general power of appointment” is included in the decedent’s gross

estate. I.R.C. §2041

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a) A “general power of appointment” is a power held by the decedent

exercisable in favor of the decedent, his estate, his creditors, or the

creditors of his estate. I.R.C. §2041(b)

b) The right to withdraw the greater of five percent or $5,000 from a

trust is a general power which is included in the decedent’s estate to the

extent the power was not exercised by the decedent. I.R.C. §2041(b)

H. ANNUITIES—SCHEDULE I

1. Annuities, pension plans, individual retirement arrangements, purchased

commercial annuities and private annuities owned by the decedent are included in

the decedent’s gross estate. I.R.C.§ 2039

a) The annuity or payment must be receivable by the beneficiary

following the death of the decedent.

b) The annuity is under a contract or agreement entered into after

March 3, 1931.

c) The annuity was payable to the decedent, for the decedent’s life or

for a period that did not end before the decedent’s death.

III. FEDERAL ESTATE TAX DEDUCTIONS

A. In General—For federal estate tax purposes, the value of the taxable estate shall

be determined by deducting from the value of the gross estate such amounts

1. For funeral expenses,

2. For administration expenses,

3. For claims against the estate, and

4. For unpaid mortgages on, or any indebtedness in respect of, property

where the value of the decedent’s interest therein, undiminished by such mortgage

or indebtedness, is included in the value of the gross estate, as are allowable under

the laws of the jurisdiction, whether within or without the united states, under

which the estate is being administered.

B. FUNERAL EXPENSES—SCHEDULE J

1. Funeral expenses are only deductible on Form 706.

19

2. Funeral expenses that (a) are actually expended, (b) are properly allowable

out of property subject to claims (probate assets), and (c) satisfy the requirements

of Treas. Reg. §20.2053-1(c) are deductible on Form 706. Treas. Reg. §20.2053-

2

3. Funeral expenses should be reduced by reimbursements such as Social

Security or Veterans Administration benefits.

4. Examples of expenses:

a) Casket

b) Tombstone, monument, mausoleum, burial lot, vault and future

care

c) Undertaker’s Fee

d) Flowers provided by the estate

e) Food for mourners

f) Clothing purchased for burial

g) Cost of transportation of the person bringing the body to the place

of burial. Treas. Reg. §20.2053-2

h) Transportation of one person to and from the burial site for stone

setting

i) Obituary cost

j) Printing and mailing acknowledgment cards

k) Honoraria for rabbi, minister, organist, cantor, etc.

C. ADMINISTRATION EXPENSES—SCHEDULE J

1. In General

a) Treas. Reg. §20.2053-3(a) provides that the deduction for

“administration expenses” is limited to such expenses as are actually and

necessarily incurred in the administration of the decedent’s estate; that is,

in the collection of assets, payment of debts, and distribution of property

to the persons entitled to it. Expenditures not essential to the proper

settlement of the estate, but incurred for the individual benefit of the heirs

may not be taken as deductions.

20

b) Estate Tax versus Income Tax Deduction

(1) Administrative expenses under I.R.C. §2053 or §2054 can

be claimed either as (i) deductions from the decedent’s gross estate

for federal estate tax purposes under I.R.C. §2053, or (ii) as

deductions in computing the taxable income of the estate or as an

offset against the sales price of property in determining gain or

loss. I.R.C. §642(g) Administrative expenses cannot be taken on

both returns.

(2) An estate may claim the administration expenses as income

tax deductions if it files, in duplicate, a statement with the Internal

Revenue Service waiving its right to claim them as estate tax

deductions. Treas. Reg. §1.642(g)-1

(3) Exception to Disallowance of Double Deductions: Taxes,

interest, business expenses, and other items accrued at date of

death are deductible from the gross estate under I.R.C. §2053(a)(3)

as claims against the estate are also deductible from gross income

under I.R.C. §692(b) as deductions in respect of a decedent for

income tax purposes. Treas. Reg. §1.642(g)-2

(4) Portability—Administrative expenses deducted on the

federal estate tax return will increase the amount of the “deceased

spousal unused exclusion amount” that can shield a surviving

spouse’s estate from estate tax, but the deductions cannot then be

used as income tax deductions on the fiduciary income tax return

of the estate.

c) Protective Claim for Refund Treas. Reg. 20.2053-1(d)(5)(i)

(1) A protective claim for refund may be filed to preserve the

estate’s right to claim a refund by reason of claims or expenses that

are not paid or do not otherwise meet the section 2053

deductibility requirements. Treas. Reg. 20.2053-1(d)(5)(1)

(a) Rev. Proc 2011-48 (10/14/11) sets forth the

procedure for a “2053 Protective Claim for Refund”

(i) Time period for filing: The later of 3 years

of return filing, or 2 years from tax payment.

(ii) Requirements of claim: Set forth grounds

and facts for refund under penalties of Perjury.

21

(iii) How to File “2053 Protective Claim for

Refund”:

(a) For deaths on or after January 1,

2012: Schedule PC or Form 843

(iv) Notification for Consideration—The

executor must notify the IRS that the issue is

resolved for the IRS to consider the Protective

Claim for Refund.:

(a) For deaths on or after January 1,

2012: Supplemental Form 706, or Form 843

(b) See Schedule PC attached to 2012 Form 706—

Protective Claim for Refund.

d) TYPES OF ADMINISTRATION EXPENSES

(1) Executor’s Commisions—Under Treas. Reg. §20.2053-

3(b)(1), a deduction is allowed for commissions in accordance with

the usually accepted standards and practice of allowing such an

amount in estates of similar size and character in the jurisdiction in

which the estate is being administered.

(2) Attorney’s Fees—Under Treas. Reg. §20.2053-3(c)(1)

attorney fees may not exceed a reasonable remuneration for the

services rendered, taking into account the size and character of the

estate, the law and practice in the jurisdiction in which the estate is

being administered, and the skill and expertise of the attorney.

(3) A deduction is allowed for attorney and executor fees not

paid at the time of filing of the return provided the amount is

ascertainable with reasonable certainty and will be paid. Treas.

Reg. §20.2053-1(d)(4)

(4) Miscellaneous administration expenses include:

(a) Court costs,

(b) Probate fees,

(c) Surrogate’s fees,

(d) Accountants’ fees

22

(e) Appraisers’ fees

(f) Expenses to preserve and distribute estate assets

including storing property of the estate.

(g) Expenses of sale of property such as real estate or

personal property if the sale is necessary to pay the

decedent’s debts, expenses of administration, or taxes, to

preserve the estate, or to effect distribution. Treas. Reg.

§20.2053-3(d)(2)

D. DEBTS OF DECEDENT AND MORTGAGES AND LIENS—SCHEDULE K

1. Personal liabilities imposed by law, or arising out of contracts or torts,

which exist at the time of decedent’s death which are bona fide enforceable

claims that are actually paid by the estate, or are unpaid but are ascertainable are

listed on Schedule K. Treas. Reg.§ 20.2053-4

2. Unpaid income taxes are allowable debts under Treas. Reg. §20.2053-6(f)

3. Unpaid gift taxes are allowable debts under Treas. Reg. §20-2053-6(d)

4. Medical care expenses paid by the estate within one year beginning with

the day after death can be taken as I.R.C. §2053 federal estate tax deductions, or

as I.R.C. §213(c) income tax deductions on the Decedent’s final income tax

return, but not both.

a) In order to take the income tax deduction, a statement must be filed

with the income tax return that the amount has not been allowed as a

I.R.C. §2053 deduction and waiving the right to having the deduction be

allowed as an estate tax deduction. I.R.C. §213(c)(2)

b) 7.5% adjusted gross income limit—An estate tax deduction is not

allowed for that portion of medical expenses disallowed by the 7.5% AGI

income tax limitation. Rev. Rul. 77-357, 1977-2, CB 328

5. An unpaid charitable pledge may be deductible on the federal estate tax

return under Treas. Reg. §20.2053-5 if:

a) The liability was contracted bona fide and for adequate and full

consideration in cash or its equivalent, or

b) It would be allowed as a charitable deduction under I.R.C. §2055.

23

6. Property taxes are not deductible unless accrued before the decedent’s

death. Treas. Reg. §20.2053-6(b)

E. MORTGAGES AND LIENS—SCHEDULE K

1. Unpaid mortgages, including interest which accrued to decedent’s death

are deductions listed on Schedule K. Treas. Reg. §20.2053-7

F. NET LOSSES DURING ADMINSTRATION—SCHEDULE L

1. A deduction is allowed on Schedule L for losses due to casualties

occurring during the settlement of the decedent’s estate including losses from

fires, storms, shipwrecks and theft. I.R.C. §2054

2. The deduction may be made, in the alternative, on the estate’s fiduciary

income tax return if the estate has waived its right to take a deduction for such

loss. I.R.C. §642(g)

3. Amounts recovered by insurance reduce the deduction. Treas. Reg.

§20.2054-1

G. EXPENSES INCURRED IN ADMINISTERING PROPERTY NOT SUBJECT

TO CLAIMS—SCHEDULE L

1. Expenses incurred in administering property in a decedent’s gross estate,

but not subject to claims may be allowed as deductions. Treas. Reg. §20.2053-8

2. Examples of such expenses include:

a) Expenses incurred in administering a Revocable Trust established

by the decedent during his or her lifetime such as attorney and trustee fees.

b) Expenses and costs incurred in connection with the collection,

valuation and distribution of non-probate assets.

H. BEQUESTS, ETC. TO A SURVIVING SPOUSE—SCHEDULE M

1. A marital deduction is allowed for any property interest which passes to

the surviving spouse, but only to the extent that the interest is included in the

gross estate. I.R.C. §2056(a)

2. The value of the marital deduction is reduced by any estate, succession,

legacy, or inheritance taxes paid out of such property. I.R.C. §2056(b)(4)

3. Items passing to surviving spouse outright or by operation of law:

24

a) Bequests and devises I.R.C. §2056(c)(1)

b) Items inherited by surviving spouse I.R.C. §2056(c)(2)

c) Dower or curtesy interests I.R.C. §2056(c)(3)

d) Interest transferred to spouse at any time I.R.C. §2053(c)(4)

e) Jointly held property with right of survivorship. §2056(c)(5)

f) Property over which decedent had power of appointment or which

was appointed to spouse, or passes to spouse in default of appointment

I.R.C. §2056(c)(6)

4. Trusts for which the marital deduction may be allowed

a) Life estate with power of appointment in surviving spouse—If the

surviving spouse (a) is the only beneficiary during his or her life, (b)

receives all income for life, and (c) has a general power of appointment,

the trust will qualify for the marital deduction under I.R.C. §2056(b)(5)

b) Charitable remainder trusts where spouse is only lifetime

beneficiary

(1) Marital Deduction: allowed for spouse’s interest. I.R.C.

§2056(b)(8)

(2) Charitable Deduction: allowed for charitable remainder.

§2055

c) QTIP (Qualified Terminable Interest Property) Trusts I.R.C.

§2056(b)(7)

(1) Requirements:

(a) Property must pass from decedent;

(b) Surviving spouse must have a “qualifying income

interest for life”:

(i) Surviving spouse must be entitled to all

income and be the only beneficiary during his or her

lifetime.

(ii) QTIP election made on the Federal Estate

Tax Return. I.R.C. §2056(b)(7)(B)

25

I. CHARITABLE, PUBLIC, AND SIMILAR GIFTS AND BEQUESTS—

SCHEDULE O

1. I.R.C. §2055 allows for a deduction from the gross estate of the amount of

all bequests, legacies, devises, or transfers to the following entities:

a) The United States, any State, any political division of a state, or the

District of Columbia for exclusively public purposes.

b) Religious, charitable, scientific, literary, or educational

corporations or associations.

c) Trusts or trustees, or fraternal societies for religious, charitable,

scientific, literary, or educational purposes, or for prevention of cruelty to

children or animals.

d) Veterans’ organizations.

2. Charitable Remainder Trusts—Under I.R.C. §2055(e)(2)(A), no charitable

deduction is allowed for a remainder interest which will pass to charity unless the

interest is in the form of a:

a) A “charitable remainder annuity trust”

b) A “charitable remainder trust” I.R.C. §664

c) A “pooled income fund” is in the form of a “charitable remainder a

charitable remainder interest unless I.R.C. §642(c)(5)

3. Payment of death taxes—The amount of the charitable deduction is

reduced by any estate, succession, legacy, or inheritance taxes required to be paid

out of the bequest by the terms of the will or local law. I.R.C. §2055(c)

26

IV. DEDUCTION FOR STATE DEATH TAXES I.R.C. §2058 for Decedents dying after

January 1, 2005—

A. I.R.C. §2058(a) Allowance of deduction. For purposes of the tax imposed by

section 2001 (Federal Estate Tax), the value of the taxable estate shall be determined by

deducting from the value of the gross estate the amount of any estate, inheritance, legacy,

or succession taxes actually paid to any State or the District of Columbia, in respect of

any property included in the gross estate (not including any such taxes paid with respect

to the estate of a person other than the decedent).

B. “Actually paid” Requirement

1. The state death taxes must be actually paid within the Period of

Limitations. I.R.C. §2058(b)

2. Pennsylvania’s 5% discount on inheritance tax paid within three months of

death is not “actually paid”.

C. “In respect of any property included in the gross estate”

1. The deduction should not be allowed for items subject to Pennsylvania

inheritance tax that are not included in the federal gross estate:

a) Gifts within one year of death—A gift made within one year of

death is subject to Pennsylvania Inheritance Tax, but may not be included

in the federal gross estate.

b) Sole use trusts—At the death of the first spouse to die, the

Executor can defer the Pennsylvania inheritance tax on a “sole use trust”

for the surviving spouse’s benefit until the death of the surviving spouse.

When the surviving spouse dies, the trust may not be included in the

surviving spouse’s federal gross estate depending upon the terms of the

trust, and the elections made by the executors of the first spouse to die.

D. IRS Form 706 for 2012

1. Report state death tax deduction on page 1, line 3b

2. File with return:

a) Certificate from state showing:

(1) Total amount of tax imposed;

(2) Amount of discount allowed;

27

(3) Amount of penalties and interest imposed or charged;

(4) Total amount actually paid in cash; and

(5) Date of payment.

V. GIFT TAX RETURNS FILED BY THE DECEDENT

A. Calculation of Federal Estate Tax—Impact of Taxable Gifts

1. The federal estate tax is calculated by calculating a “tentative tax” and

then applying various credits.

a) The “tentative tax” is calculated on the sum of the “taxable estate”

and “adjusted taxable gifts” over “the aggregate amount of tax which

would have been payable under chapter 12 with respect to gifts made by

the decedent after December 31, 1976” as if the tax rate in effect at the

decedent’s death is used to calculate the gift tax and credit against such tax

[“Total gift tax paid or payable with respect to gifts made by the decedent

after December 31, 1976”]. I.R.C. §2001(b)

b) The “taxable estate” is the “gross estate” on page 1, line 1, less

“total allowable deductions” on line 2, less the “State death tax deduction”

on line 3b.

c) “Adjusted taxable gifts” are calculated using Worksheet TG—

Taxable Gift Reconciliation.

d) The “Total gift tax paid or payable with respect to gifts made by

the decedent after December 31, 1976” is calculated using the Line 7

Worksheet.

B. Copies of all gift tax returns filed by the Decedent must be filed with the 706.

The executor will need copies of all gift tax returns to complete the Line 4 and Line 7

Worksheets.

C. “Adjusted taxable gifts”—Line 4 of page 1 of the return.

1. Worksheet TG—Taxable Gift Reconciliation

a) The executor needs copies of all of the decedent’s gift tax returns

(Forms 709) to complete Worksheet TG—Taxable Gifts Reconciliation.

b) If any Gift Tax Returns were audited by the IRS, the executor

should use amounts that were finally determined as a result of the audit.

28

c) The executor must make reasonable effort as to the existence of

any gifts in excess of the annual exclusion made by the decedent for which

no Forms 709 were filed (Instructions for Form 706 (Rev. August 2012),

page 6). Any unreported gifts should be listed in column b of Worksheet

TG.

(1) Reasonable Effort—

(a) Review statements for banks, trusts and other

accounts from which decedent could have made gifts.

(b) Review cancelled checks and bank statements.

(c) Keep copies of such records in case Federal Estate

Tax Return is audited as auditor may review the statements

for gifts.

(2) Annual gift tax exclusion amounts:

(a) 1977-1981 -- $3,000 per donee

(b) 1981-2011 -- $10,000 per donee

(c) 2002-2005 -- $11,000 per donee

(d) 2006-2008 -- $12,000 per donee

(e) 2009 to 2012 -- $13,000 per donee

D. Line 7 Worksheet—

1. The executor must carefully follow the instructions of the Line 7

Worksheet.

2. Line 7 is NOT simply the total of all gift tax paid by the decedent during

his or her lifetime.

3. The Line 7 worksheet forces the executor to recalculate the gift tax as if

the tax rate in effect at the decedent’s death is used to calculate the gift tax and

credit against such tax. I.R.C. §2001(g)

E. Example—Emma Alden Form 706

29

1. In 1996, Emma Alden made a cash gift of $2,012,000 to her son, Edward

Alden. The annual gift tax exclusion for 1996 was $12,000. Emma filed 1996

Form 709 reporting a taxable gift of $2,000,000 ($2,012,000 less the annual gift

tax exclusion of $12,000) and paid gift tax of $588,000.

2. Line 4 Worksheet -- $2,000,000 of adjusted taxable gifts are added to Line

4, page 1.

3. Line 7 Worksheet – Even though Emma paid $588,000 of gift tax when

she made the 1996 gift, the Line 7 Worksheet only allows $490,000 on line 7

“Total gift tax paid or payable with respect to gifts made by the decedent after

December 31, 1976”.

VI. PRIOR TRANSFER CREDIT—SCHEDULE Q

A. A credit against the federal estate tax is allowed for the amount of federal estate

tax paid with respect to the transfer of property to the decedent by or from a person

(“transferor”) who died within 10 years before, or within 2 years after the decedent’s

death. I.R.C. §2013

B. There is no requirement that the property be identified in the estate of the

transferee or that it exist on the date of the transferee’s death.

C. The transfer of the property must have been subjected to federal estate tax in the

estate of the transferor.

D. Where the transferor predeceased the transferee, the credit is reduced by the time

elapsed between dates of death:

1. 100% credit if time elapsed is less than 2 years.

2. 80% credit if time is between 2 years, and less than 4 years.

3. 60% credit if time is between 4 years, and less than 6 years.

4. 40% credit if time is between 6 years, and less than 8 years.

5. 20% credit if time is between 8 years and 10 years.

6. No credit if greater than 10 years.

E. Carefully complete the Schedule Q Worksheet using numbers from the Federal

Estate Tax Return of the Transferor.

30

United States Gift (and Generation-Skipping Transfer) Tax ReturnForm 709(Section 6019 of the Internal Revenue Code) (For gifts made during calendar year 2002)

OMB No. 1545-0020

Department of the TreasuryInternal Revenue Service � See separate instructions.

1 2 Donor’s last nameDonor’s first name and middle initial Donor’s social security number3

Address (number, street, and apartment number)4 5 Legal residence (domicile) (county and state)

6 City, state, and ZIP code Citizenship7

NoYesIf the donor died during the year, check here � and enter date of death , .89 If you received an extension of time to file this Form 709, check here � and attach the Form 4868, 2688, 2350, or extension letter

Enter the total number of donees listed on Schedule A—count each person only once. �10

11a Have you (the donor) previously filed a Form 709 (or 709-A) for any other year? If the answer is "No," do not complete line 11b

12 Gifts by husband or wife to third parties.—Do you consent to have the gifts (including generation-skipping transfers) madeby you and by your spouse to third parties during the calendar year considered as made one-half by each of you? (Seeinstructions.) (If the answer is “Yes,” the following information must be furnished and your spouse must sign the consentshown below. If the answer is “No,” skip lines 13–18 and go to Schedule A.)

13 Name of consenting spouse 14 SSN

15 Were you married to one another during the entire calendar year? (see instructions)Par

t 1—

Gen

eral

Inf

orm

atio

n

16 If the answer to 15 is “No,” check whether

Will a gift tax return for this calendar year be filed by your spouse?17Consent of Spouse—I consent to have the gifts (and generation-skipping transfers) made by me and by my spouse to third parties during the calendar yearconsidered as made one-half by each of us. We are both aware of the joint and several liability for tax created by the execution of this consent.

18

Date �Consenting spouse’s signature �

11 Enter the amount from Schedule A, Part 3, line 1522 Enter the amount from Schedule B, line 333 Total taxable gifts (add lines 1 and 2)44 Tax computed on amount on line 3 (see Table for Computing Tax in separate instructions)55 Tax computed on amount on line 2 (see Table for Computing Tax in separate instructions)66 Balance (subtract line 5 from line 4)

345,800 0077 Maximum unified credit (nonresident aliens, see instructions)88 Enter the unified credit against tax allowable for all prior periods (from Sch. B, line 1, col. C)99 Balance (subtract line 8 from line 7)

10 Enter 20% (.20) of the amount allowed as a specific exemption for gifts made after September 8,1976, and before January 1, 1977 (see instructions) 10

1111 Balance (subtract line 10 from line 9)1212 Unified credit (enter the smaller of line 6 or line 11)1313 Credit for foreign gift taxes (see instructions)

1414 Total credits (add lines 12 and 13)15

Par

t 2—

Tax

Co

mp

utat

ion

15 Balance (subtract line 14 from line 6) (do not enter less than zero)1616 Generation-skipping transfer taxes (from Schedule C, Part 3, col. H, Total)

1717 Total tax (add lines 15 and 16)1818 Gift and generation-skipping transfer taxes prepaid with extension of time to file

1919 If line 18 is less than line 17, enter balance due (see instructions)

If line 18 is greater than line 17, enter amount to be refunded 20 20

Att

ach

chec

k o

r m

one

y o

rder

her

e.

Form 709 (2002)For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see page 12 of the separate instructions for this form. Cat. No. 16783M

If the answer to line 11a is "Yes," has your address changed since you last filed Form 709 (or 709-A)?11b

divorced or widowed, and give date (see instructions) �married

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

HereDateSignature of donor

DatePreparer’ssignature Check if

self-employed �PaidPreparer’sUse Only Firm’s name (or

yours if self-employed), address, and ZIP code

�

�

�Phone no. � ( )

2002Beth Tyler 999 99 9991

23 Lowry's Lane Delaware County, PA

Rosemont, PA 19010 USA

✔1

✔

✔

1,500,000 000 00

1,500,000 00555,800 00

0 00555,800 00

0 00345,800 00

0 00345,800 00345,800 00

0 00

345,800 00210,000 00

0 00

210,000 000 00

210,000 00

0 00

31

SCHEDULE APage 2Form 709 (2002)

Computation of Taxable Gifts (Including Transfers in Trust)

Part 1—Gifts Subject Only to Gift Tax. Gifts less political organization, medical, and educational exclusions—see instructions

EValue at

date of gift

DDateof gift

CDonor’s adjusted

basis of gift

AItem

number

1

Part 2—Gifts That are Direct Skips and are Subject to Both Gift Tax and Generation-Skipping Transfer Tax. You must list the giftsin chronological order. Gifts less political organization, medical, and educational exclusions—see instructions. (Also list here direct skipsthat are subject only to the GST tax at this time as the result of the termination of an “estate tax inclusion period.” See instructions.)

EValue at

date of gift

DDateof gift

CDonor’s adjusted

basis of gift

AItem

number

1

Part 3—Taxable Gift Reconciliation1Total value of gifts of donor (add totals from column E of Parts 1 and 2)12One-half of items attributable to spouse (see instructions)23Balance (subtract line 2 from line 1)34Gifts of spouse to be included (from Schedule A, Part 3, line 2 of spouse’s return—see instructions)4

If any of the gifts included on this line are also subject to the generation-skipping transfer tax, checkhere � and enter those gifts also on Schedule C, Part 1.

5Total gifts (add lines 3 and 4)56Total annual exclusions for gifts listed on Schedule A (including line 4, above) (see instructions)67Total included amount of gifts (subtract line 6 from line 5)7

Deductions (see instructions)Gifts of interests to spouse for which a marital deduction will be claimed, basedon items of Schedule A

889Exclusions attributable to gifts on line 89

10Marital deduction—subtract line 9 from line 81011Charitable deduction, based on items less exclusions11

12Total deductions—add lines 10 and 111213Subtract line 12 from line 71314Generation-skipping transfer taxes payable with this Form 709 (from Schedule C, Part 3, col. H, Total)14

Taxable gifts (add lines 13 and 14). Enter here and on line 1 of the Tax Computation on page 115 15(If more space is needed, attach additional sheets of same size.)

B

B

● Donee’s name and address● Relationship to donor (if any)● Description of gift● If the gift was made by means of a trust, enter trust’s EIN and

attach a description or copy of the trust instrument (see instructions)● If the gift was of securities, give CUSIP number

● Donee’s name and address● Relationship to donor (if any)● Description of gift● If the gift was made by means of a trust, enter trust’s EIN and

attach a description or copy of the trust instrument (see instructions)● If the gift was of securities, give CUSIP number

Does the value of any item listed on Schedule A reflect any valuation discount? If the answer is “Yes,” see instructions Yes No

Total of Part 1 (add amounts from Part 1, column E) �

Total of Part 2 (add amounts from Part 2, column E) �

� Check here if you elect under section 529(c)(2)(B) to treat any transfers made this year to a qualified state tuition program as maderatably over a 5-year period beginning this year. See instructions. Attach explanation.

B

A

Form 709 (2002)

✔

Michelle Jackson (sister) 1,511,000 2/2/2002 1,511,000 001 Sometimeland RanchSimi, California 99999Cash gift

1,511,000.00

1,511,000 000 00

1,511,000 000 00

1,511,000 0011,000 00

1,500,000 00

0000

0 001,500,000 00

0 000 00

32

SCHEDULE B

SCHEDULE APage 3Form 709 (2002)

Computation of Taxable Gifts (continued)16 Terminable Interest (QTIP) Marital Deduction. (See instructions for line 8 of Schedule A.)

17 Election Out of QTIP Treatment of Annuities� Check here if you elect under section 2523(f)(6) NOT to treat as qualified terminable interest property any joint and survivor annuities that

are reported on Schedule A and would otherwise be treated as qualified terminable interest property under section 2523(f). (See instructions.)Enter the item numbers (from Schedule A) for the annuities for which you are making this election �

Gifts From Prior Periods

DAmount of specificexemption for prior

periods ending beforeJanuary 1, 1977

CAmount of unified

credit against gift taxfor periods after

December 31, 1976

ACalendar year orcalendar quarter(see instructions)

EAmount of

taxable gifts

BInternal Revenue office

where prior return was filed

1Totals for prior periods1

2Amount, if any, by which total specific exemption, line 1, column D, is more than $30,0002Total amount of taxable gifts for prior periods (add amount, column E, line 1, and amount, if any, online 2). (Enter here and on line 2 of the Tax Computation on page 1.)

33

(If more space is needed, attach additional sheets of same size.)

If a trust (or other property) meets the requirements of qualified terminable interest property under section 2523(f), anda. The trust (or other property) is listed on Schedule A, andb. The value of the trust (or other property) is entered in whole or in part as a deduction on line 8, Part 3 of Schedule A,

then the donor shall be deemed to have made an election to have such trust (or other property) treated as qualified terminable interest propertyunder section 2523(f).

If less than the entire value of the trust (or other property) that the donor has included in Part 1 of Schedule A is entered as a deduction online 8, the donor shall be considered to have made an election only as to a fraction of the trust (or other property). The numerator of this fractionis equal to the amount of the trust (or other property) deducted on line 10 of Part 3, Schedule A. The denominator is equal to the total value ofthe trust (or other property) listed in Part 1 of Schedule A.

If you answered “Yes” on line 11a of page 1, Part 1, see the instructions for completing Schedule B. If you answered “No,” skip to the TaxComputation on page 1 (or Schedule C, if applicable).

If you make the QTIP election (see instructions for line 8 of Schedule A), the terminable interest property involved will be included in yourspouse’s gross estate upon his or her death (section 2044). If your spouse disposes (by gift or otherwise) of all or part of the qualifying lifeincome interest, he or she will be considered to have made a transfer of the entire property that is subject to the gift tax (see Transfer of CertainLife Estates on page 4 of the instructions).

Form 709 (2002)

NONE

33

Form 709 (2002) Page 4

Part 2—GST Exemption Reconciliation (Section 2631) and Section 2652(a)(3) ElectionCheck box � if you are making a section 2652(a)(3) (special QTIP) election (see instructions)Enter the item numbers (from Schedule A) of the gifts for which you are making this election �

1Maximum allowable exemption (see instructions)1

22 Total exemption used for periods before filing this return

33 Exemption available for this return (subtract line 2 from line 1)

44 Exemption claimed on this return (from Part 3, col. C total, below)5 Exemption allocated to transfers not shown on Part 3, below. You must attach a Notice of Allocation. (See

instructions.) 5

6Add lines 4 and 56

77 Exemption available for future transfers (subtract line 6 from line 3)Part 3—Tax Computation

HGeneration-Skipping

Transfer Tax(multiply col. B by col. G)

GApplicable Rate(multiply col. E

by col. F)

FMaximum Estate

Tax Rate

EInclusion Ratio(subtract col. D

from 1.000)

DDivide col. C

by col. B

BNet transfer

(from Schedule C,Part 1, col. F)

CGST Exemption

Allocated

AItem No.

(from ScheduleC, Part 1)

1 50% (.50)23456

Total exemption claimed. Enterhere and on line 4, Part 2,above. May not exceed line 3,Part 2, above

Total generation-skipping transfer tax. Enter here, on line 14 ofSchedule A, Part 3, and on line 16 of the Tax Computation onpage 1

(If more space is needed, attach additional sheets of same size.)

SCHEDULE C Computation of Generation-Skipping Transfer TaxNote: Inter vivos direct skips that are completely excluded by the GST exemption must still be fully reported(including value and exemptions claimed) on Schedule C.

Part 1—Generation-Skipping TransfersF

Net Transfer(subtract col. E

from col. D)

CSplit Gifts

(enter 1⁄2 of col. B)(see instructions)

BValue

(from Schedule A,Part 2, col. E)

AItem No.

(from Schedule A,Part 2, col. A)

ENontaxable

portion of transfer

DSubtract col. C

from col. B

123456

Value includedfrom spouse’s

Form 709

Split gifts fromspouse’s Form 709(enter item number)

If you elected gift splitting and your spousewas required to file a separate Form 709(see the instructions for “Split Gifts”), youmust enter all of the gifts shown onSchedule A, Part 2, of your spouse’s Form709 here. S-In column C, enter the item number of eachgift in the order it appears in column A ofyour spouse’s Schedule A, Part 2. We havepreprinted the prefix “S-” to distinguish yourspouse’s item numbers from your own whenyou complete column A of Schedule C,Part 3.

S-S-S-S-

In column D, for each gift, enter the amountreported in column C, Schedule C, Part 1, ofyour spouse’s Form 709.

S-S-S-

Net transfer(subtract col. E

from col. D)Nontaxable

portion of transfer

50% (.50)50% (.50)50% (.50)50% (.50)50% (.50)50% (.50)50% (.50)50% (.50)50% (.50)

Form 709 (2002)

1,100,000

0

1,100,000

0

0

0

1,100,000

34

United States Estate (and Generation-Skipping706Form

(Rev. August 2012) Transfer) Tax ReturnOMB No. 1545-0015

Department of the TreasuryInternal Revenue Service I Estate of a citizen or resident of the United States (see instructions). To be filed for

decedents dying after December 31, 2011, and before January 1, 2013.Information about Form 706 and its separate instructions is at www.irs.gov/form706.I

1a

3a

6a

6c

7a

Decedent's first name and middle initial (and maiden name, if any) 1b Decedent's last name 2 Decedent's social security no.

County, state, and ZIP or foreign country and postal code, of legalresidence (domicile) at time of death

3b Year domicile established 4 Date of birth 5 Date of death

6b Executor's address (number and street including apartment or suite no.; city, town,or post office; state; country; and ZIP or postal code) and phone no.

Name of executor (see instructions)

Executor's social security number (see instructions)

Phone no.

6d If there are multiple executors, check here and attach a list showing the names, addresses, telephone numbers, and SSNs of the additional executors.

Name and location of court where will was probated or estate administered 7b Case number

Par

t 1 -

Dec

eden

t and

Exe

cuto

r

I I810

If decedent died testate, check here and attach a certified copy of the will. 9 If you extended the time to file this Form 706, check hereI IIf Schedule R-1 is attached, check here If you are estimating the value of assets included in the gross estate on line 1 pursuant to the special rule of Reg. section 20.2010-2T(a) (7)(ii), check here11

123

4567899

99

10

11121314151617181920

Total gross estate less exclusion (from Part 5 - Recapitulation, item 13)

Tentative total allowable deductions (from Part 5 - Recapitulation, item 24)

Tentative taxable estate (subtract line 2 from line 1)

State death tax deduction

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

12

3a3b3c45678

1112

151617181920

m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m mabc

m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m mAdjusted taxable gifts (see instructions) m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mAdd lines 3c and 4

Tentative tax on the amount on line 5 from Table A in the instructionsm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m

Total gift tax paid or payable (see instructions)

Gross estate tax (subtract line 7 from line 6)m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

ab

cd

Basic exclusion amount

Deceased spousal unused exclusion (DSUE) amount from predeceased spouse(s), if

any (from Section D, Part 6-Portability of Deceased Spousal Unused Exclusion)

9a

9b9c9d

10

1314

m m m m m m m m m m m m m m m m m m m m m mm m m m m mApplicable exclusion amount (add lines 9a and 9b)

Applicable credit amount (tentative tax on the amount in 9c from Table A in the instructions)

Adjustment to applicable credit amount (May not exceed $6,000.

See instructions.)

Allowable applicable credit amount (subtract line 10 from line 9d)

Subtract line 11 from line 8 (but do not enter less than zero)

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

Credit for tax on prior transfers (from Schedule Q)

Total credits (add lines 13 and 14)

Net estate tax (subtract line 15 from line 12)

Generation-skipping transfer (GST) taxes payable (from Schedule R, Part 2, line 10)

Total transfer taxes (add lines 16 and 17)

Prior payments (explain in an attached statement)

Balance due (or overpayment) (subtract line 19 from line 18)

m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m

Par

t 2 -

Tax

Com

puta

tion

m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m mm m mm m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m mUnder penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledgeand belief, it is true, correct, and complete. Declaration of preparer other than the executor is based on all information of which preparer has anyknowledge.

SignHere

M MSignature of executor DateM MSignature of executor Date

Date PTINPrint/Type preparer's name Preparer's signatureCheck if

self-employedPaidPreparerUse Only Firm's EIN

Phone no.I IFirm's name IFirm's address

For Privacy Act and Paperwork Reduction Act Notice, see instructions. Form 706 (Rev. 8-2012)JSA1R8100 1.000

999-99-9991

Delaware County PA1921 09/09/1921 01/05/2012

Tyler

19010-

X XOrphans Court of Delaware County, Pennsylvania 23-12-11111

959 1,460,852

3,535,925 2,074,114 1,461,811

1,500,000 2,960,852 1,017,098 175,000 842,098

5,120,000

0 0 0

0 0

0 0

0 1,772,800

0

0

0 5,120,000 1,772,800

Beth R

Edward Fleisherc/o Rosemont Trust Company10 Main Street

888-88-8882Rosemont, PA 19010

( ) -

35

Form 706 (Rev. 8-2012)Decedent's social security number

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).

11 Do you elect alternate valuation? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m22 Do you elect special-use valuation? If "Yes," you must complete and attach Schedule A-1 m m m m m m m m m m m m m m m m m m m m

3 Do you elect to pay the taxes in installments as described in section 6166?

If "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 deferred under section 6166 and interest in the form of a surety bond or a section 6324A lien.

m m m m m m m m m m m m m m m m m m m m m m m m m m m3

4 Do you elect to postpone the part of the taxes due to a reversionary or remainder interest as described in section 6163? 4m m m m mPart 4 - General InformationNote. Please attach the necessary supplemental documents. You must attach the death certificate. (See instructions)Authorization to receive confidential tax information under Reg. section 601.504(b)(2)(i); to act as the estate's representative before the IRS; and to make writtenor oral presentations on behalf of the estate:

Name of representative (print or type) State Address (number, street, and room or suite no., 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 state shown above.

Signature CAF number Date Telephone number

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

I2 Decedent's business or occupation. If retired, check here and state decedent's former business or occupation.

3a Marital status of the decedent at time of death:

Married Widow/widower Single Legally separated Divorced

3b For all prior marriages, list the name and SSN of the former spouse, the date the marriage ended, and whether the marriage ended by

annulment, divorce, or death. Attach additional statements of the same size if necessary.

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

Individuals (other than the surviving spouse), trusts, or other estates who receive benefits from the estate (do not include charitable beneficiaries5shown in Schedule O) (see instructions).

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

IAll unascertainable beneficiaries and those who receive less than $5,000 m m m m m m m m m m m m m m m m m m m m m m m m mTotal m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mIf 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?

If "Yes," complete and attach two copies of Schedule PC for each claim.6 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m7 Does the gross estate contain any section 2044 property (qualified terminable interest property (QTIP) from a prior gift or estate)?

(see instructions) m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m8a Have federal gift tax returns ever been filed?

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

b Period(s) covered c Internal Revenue office(s) where filed

9a Was there any insurance on the decedent's life that is not included on the return as part of the gross estate? m m m m m m m m m m m m mb Did the decedent own any insurance on the life of another that is not included in the gross estate? m m m m m m m m m m m m m m m m m

Page 2JSA1R8101 1.000

X

Beth R Tyler 999-99-9991

XX

X

James Doe, Esq. PABuck & Doe, LLC, 15 Main Street

X

999-44444444 215-555-1212

P19999999 Commonwealth of Penna. Department of HealthX

Mime

X

(1) Larry Fensky SSN: 333-33-3131 Divorced 12/7/1942 (2) John Wayner

Edward Fleisher 123-54-9876

XX

See AttachedSee AttachedX

X

Rosemont, PA 19010

SSN: 222-22-1212 Divorced 12/7/1952; (3) Richard Barton SSN: 444-41-1414

X

widowed 12/7/1962; (4) Mike Todsky SSN: 777-61-6161 divorced 12/7/1965

1,756,341

0 1,460,447

Bubbles Barton Daughter 34,066Credit Shelter Trust Applied For Credit Shelter T 1,426,381

36

Estate of: Beth R Tyler 999-99-9991

Page 2, Part 4 – General Information, lines 7b and 7c

2002 Philadelphia, PA

37

Form 706 (Rev. 8-2012)

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 of theother joint tenants was someone other than the decedent's spouse, and (b) less than the full value of the property is included onthe return as part of the gross estate? If "Yes," you must complete and attach Schedule E

10 m m m m m m m m m m m m m m m m m m m m m m m m11a Did the decedent, at the time of death, own any interest in a partnership (for example, a family limited partnership), an

unincorporated business, or a limited liability company; or own any stock in an inactive or closely held corporation? m m m m m m m m m m mb If "Yes," was the value of any interest owned (from above) discounted on this estate tax return? If "Yes," see the instructions on

reporting the total accumulated or effective discounts taken on Schedule F or G m m m m m m m m m m m m m m m m m m m m m m m m m m m m12 Did the decedent make any transfer described in sections 2035, 2036, 2037, or 2038? (see instructions) If "Yes," you must

complete and attach Schedule G m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m13a Were there in existence at the time of the decedent's death any trusts created by the decedent during his or her lifetime? m m m m m m m m

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

c Was the decedent receiving income from a trust created after October 22, 1986, by a parent or grandparent?If "Yes," was there a GST taxable termination (under section 2612) on the death of the decedent?

m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m md If there was a GST taxable termination (under section 2612), attach a statement to explain. Provide a copy of the trust or will

creating the trust, and give the name, address, and phone number of the current trustee(s).

e Did the decedent at any time during his or her lifetime transfer or sell an interest in a partnership, limited liability company, or

closely held corporation to a trust described in lines 13a or 13b? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mIIf "Yes," provide the EIN for this transferred/sold item.

14 Did the decedent ever possess, exercise, or release any general power of appointment? If "Yes," you must complete and attach Schedule H m m m m m m m m mDid the decedent have an interest in or a signature or other authority over a financial account in a foreign country, such as a bankaccount, securities account, or other financial account?

15 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mWas the decedent, immediately before death, receiving an annuity described in the "General" paragraph of the instructions forSchedule I or a private annuity? If "Yes," you must complete and attach Schedule I

16 m m m m m m m m m m m m m m m m m m m m m m m m m m m17 Was the decedent ever the beneficiary of a trust for which a deduction was claimed by the estate of a predeceased spouse

under section 2056(b)(7) and which is not reported on this return? If "Yes," attach an explanation m m m m m m m m m m m m m m m m m m m mPart 5 - Recapitulation. Note. If estimating the value of one or more assets pursuant to the special rule of Reg. section 20.2010-2T(a)(7)(ii), enter on bothlines 10 and 23 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

123456789

12345678

Schedule A - Real Estate

Schedule B - Stocks and Bonds

Schedule C - Mortgages, Notes, and Cash

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

Schedule E - Jointly Owned Property (attach Form(s) 712 for life insurance)

Schedule F - Other Miscellaneous Property (attach Form(s) 712 for life insurance)

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

Schedule H - Powers of Appointment

m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m mm m m m mm mmmm m m m m m m m m m m m m m m m m m m mSchedule I - Annuities9 m m m m m m m m m m m m m m m m m m m m m m m m m m m

1011

Estimated 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)

101112

13

mm m m m m m m m m m m m m m m m m12 Schedule U - Qualified Conservation Easement Exclusion m m m m m m m m m m13 Total gross estate less exclusion (subtract item 12 from item 11). Enter here

and on line 1 of Part 2 - Tax Computation m m m m m m m m m m m m m m m m m mItem no. Deductions Amount

1415161718192021222324

141516171819202122

Schedule J - Funeral Expenses and Expenses Incurred in Administering Property Subject to Claims

Schedule K - Debts of the Decedent

Schedule K - Mortgages and Liens

Total of items 14 through 16

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

Schedule L - Net Losses During Administration

Schedule L - Expenses Incurred in Administering Property Not Subject to Claims

Schedule M - Bequests, etc., to Surviving Spouse

m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m mSchedule O - Charitable, Public, and Similar Gifts and Bequests m m m m m m m m m m m m m m m m m m m m m m mEstimated value of deductible assets subject to the special rule of Reg. section 20.2010-2T(a)(7)(ii)23 m m m m m m

24 Tentative total allowable deductions (add items 18 through 23). Enter here and on line 2 of the Tax ComputationJSA1R8102 1.000 Page 3

Beth R Tyler 999-99-9991

X

X

XX

X

X

X

X

X

XX

X

X

680,000 701,489 20,100 10,463 1,109,826 13,900 345,445 6,432 648,270

3,535,925 0

3,535,925

79,847 8,050 101,145 189,042 189,042 4,500 11,025 1,756,341 113,206

2,074,114

38

Form 706 (Rev. 8-2012)

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 and timely-filingthis return. No further action is required to elect portability of the DSUE amount to allow the surviving spouse to use the decedent's DSUE 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 no 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)? m m m m m m m m m m m m m m m m m m m m m m m m m m m mIf "Yes," the DSUE amount portable to a surviving spouse (calculated in Section C, below) is preliminary and shall be redetermined at the time of 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 a portabilityelection.)

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 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m22 Enter amount from line 7, Part 2 - Tax Computation m m m m m m m m m m m m m m m m m m m m m m m m m m m m m33 Divide amount on line 2 by 35% (0.35). (do not enter less than zero) m m m m m m m m m m m m m m m m m m m m m44 Add lines 1 and 3 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m55 Enter the amount from line 5, Part 2 - Tax Computation m m m m m m m m m m m m m m m m m m m m m m m m m m m66 Subtract line 5 from line 4 (do not enter less than zero) m m m m m m m m m m m m m m m m m m m m m m m m m m m m77 DSUE amount portable to the surviving spouse (Enter the lesser of line 6 or line 9a, Part 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.

E GRemaining DSUE

Amount, if any(subtract col. E

from col. D)

FAName of Deceased Spouse

(dates of death afterDecember 31, 2010, only)

C DB

Date of DeathDSUE Amount

Applied byDecedent toLifetime Gifts

Year of Form 709Reporting Use of DSUEAmount Listed in col E

PortabilityElectionMade?

If "Yes," DSUEAmount Received

from Spouse(enter as mm/dd/yy)(enter as mm/dd/yy)

NoYes

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) m m m m m m m m m m mAdd 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 Im m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

JSA Page 41R8125 1.000

Beth R Tyler 999-99-9991

X

5,120,000

2,960,852 2,659,148

175,000 500,000 5,620,000

2,659,148

0

39

Estate of: Beth R Tyler 999-99-9991

Form 706 Page 4, Part 6, Section D, DSUE Amount Received from Predeceased Spouse(s)

C E B Portability D DSUE AMount F G A Date Election DSUE Amount Applied to Year of Form Remaining Name of Deceased Spouse of Death Made? Received Lifetime Gifts 709 Reporting DSUE Amount ---------------------------------------------------------------------------------------------------------------------------------------- Yes|No

Part 1 - DSUE Received from Last Deceased Spouse None

Part 2 - DSUE Received from Other Predeceased Spouse(s) and Used by Decedent None

Total (for all DSUE amounts applied) 0

Add amount from Part 1, Column D and Total of Part 2, Column E 0

40

Form 706 (Rev. 8-2012)

Decedent's social security number

Estate of:SCHEDULE A - Real Estate%%%%%

For jointly owned property that must be disclosed on Schedule E, see instructions.Real estate that is part of a sole proprietorship should be shown on Schedule F.Real estate that is included in the gross estate under sections 2035, 2036, 2037, or 2038 should be shown on Schedule G.Real estate that is included in the gross estate under section 2041 should be shown on Schedule H.If you elect section 2032A valuation, you must complete Schedule A 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 this schedule. 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 no entries in the last threecolumns.

Itemnumber

Alternatevaluation dateDescription Alternate value Value at date of death

Total from continuation schedules or additional statements attached to this schedule m m m m m mTOTAL. (Also enter on Part 5 - Recapitulation, page 3, at item 1.) m m m m m m m m m m m m m m m m m

(If more space is needed, attach the continuation schedule from the end of this package or additional statements of the same size.)JSA Schedule A - Page 51R8103 1.000

Beth R Tyler 999-99-9991

680,000

1 1/2 interest in 2544 St. Charles Place, Ocean City, New JerseyAsset held as tenants in common with James Tyler (brother). 650,000See attached appraisal

2 Deep Gas rights, Gas leases, as reflected in Memorandum of Assignment by and between the Estate and NatGas Resources dated October 31, 2011. 30,000Valuation represents assignment of deep gas rights for 10 acres at $3,000 per acre.

0

41

Form 706 (Rev. 8-2012)

Decedent's social security number

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 theForm 706 is being filed solely to elect portability of the DSUE amount, consideration should be given as to whether you are required toreport the value of assets eligible for the marital or charitable deduction on this schedule. See the instructions and Reg. section20.2010-2T(a)(7)(ii) for more information. If you are not required to report the value of an asset, identify the property but make no entriesin the last four columns.

Description, including face amount of bonds or number of sharesand par value for identification. Give CUSIP number.If trust, partnership, or closely held entity, give EIN.

Value atdate of death

AlternateItem Alternate valueUnit value valuation datenumberCUSIP number or EIN,

where applicable

Total from continuation schedules (or additional statements) attached to this schedule m m m m mTOTAL. (Also enter on Part 5 - Recapitulation, page 3, at item 2.) m m m m m m m m m m m m m m m m m

(If more space is needed, attach the continuation schedule from the end of this package or additional statements of the same size.)Schedule B - Page 10

JSA1R8108 1.000

Beth R Tyler 999-99-9991

701,489

1 50,000 ParAllegheny Cnty PA G.O. Bds Mat: 11/01/2023 5.25%EIN: 0172856v4 106.0025 53,001Interest accrued to 01/05/2012 325

2 10 SharesAmerican Greeting CorpClass ACUSIP: 026375105 23.5550 236

3 50,000 ParBlue Ridge PA Sch Dist G.O. Sch Di Mat: 06/01/2012 2.5%EIN: 095895em6 101.0053 50,503Interest accrued to 01/05/2012 346

4 200,000 ParMontgomery County PA G.O. Bds Mat: 12/01/2013 2%EIN: 613579ve8 103.2166 206,433Interest accrued to 01/05/2012 1,054

5 2,433.33 UnitsVanguard Total Bond MarketCUSIP: 921937835 79.8300 194,253

ROSEMONT TRUST COMPANY, BROKERAGE ACCOUNT RTC-1455Assets listed below

6 2,500 SharesSysco Corp.CUSIP: 871829107 29.7350 74,338

121,000

42

Form 706 (Rev. 8-2012) (Make copies of this schedule before completing it if you will need more than one schedule.)

Decedent's social security numberEstate of:

CONTINUATION SCHEDULE

Continuation of Schedule(Enter letter of schedule you are continuing.)

Description.For securities, give CUSIP number.

If trust, partnership, or closely held entity, give EIN.

Unit value(Sch. B, E, or

G only)

Value at date ofdeath or amount

deductible

Itemnumber

Alternatevaluation date Alternate value

TOTAL. (Carry forward to main schedule.) m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mContinuation Schedule - Page 31

JSA1R8130 1.000

Beth R Tyler 999-99-9991

B (Page 2)

7 2,500 SharesYum Brands IncCommonNew York Stock ExchangeCUSIP: 988498101 48.4000 121,000

121,000

43

Form 706 (Rev. 8-2012)

Decedent's social security number

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 theForm 706 is being filed solely to elect portability of the DSUE amount, consideration should be given as to whether you are required toreport the value of assets eligible for the marital or charitable deduction on this schedule. See the instructions and Reg. section20.2010-2T(a)(7)(ii) for more information. If you are not required to report the value of an asset, identify the property but make no entriesin the last three columns.

Value at

date of death

Item

number

Alternate

valuation dateDescription Alternate value

Total from continuation schedules (or additional statements) attached to this scheduleTOTAL. (Also enter on Part 5 - Recapitulation, page 3, at item 3.)

m m m m mm m m m m m m m m m m m m m m m m(If more space is needed, attach the continuation schedule from the end of this package or additional statements of the same size.)JSA Schedule C - Page 111R8109 1.000

Beth R Tyler 999-99-9991

20,100

1 Friendly Bank, Checking Account 101-555555 15,045Interest accrued to 01/05/2012 1

2 Friendly Bank, Savings Account 111-444443 5,053Interest accrued to 01/05/2012 1

0

44

Form 706 (Rev. 8-2012)

Decedent's social security numberEstate of:

SCHEDULE D - Insurance on the Decedent's LifeYou must list all policies on the life of the decedent and attach a Form 712 for each policy.

Note. If the value of the gross estate, together with the amount of adjusted taxable gifts, is less than the basic exclusion amount and theForm 706 is being filed solely to elect portability of the DSUE amount, consideration should be given as to whether you are required toreport the value of assets eligible for the marital or charitable deduction on this schedule. See the instructions and Reg. section20.2010-2T(a)(7)(ii) for more information. If you are not required to report the value of an asset, identify the property but make no entriesin the last three columns.

Item

number

Alternate

valuation date

Value at

date of deathDescription Alternate value

Total from continuation schedules (or additional statements) attached to this scheduleTOTAL. (Also enter on Part 5 - Recapitulation, page 3, at item 4.)

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

Schedule D - Page 12JSA

1R8110 1.000

Beth R Tyler 999-99-9991

10,463

1 FOR INFORMATION ONLY: Prudential Life Insurance Whole life Policy paid $549,345.62 of proceeds at decedent's death. Policy was owned by Tyler Irrevocable Life Insurance Trust dated 10/24/1993 (listed on Schedule G). Proceeds not includible in Decedent's estate as Decedent had no incidents of ownership in the policy. 0

2 Veterans Life Insurance Policy V 101 4445Beneficiary: Surviving spouse 10,463

0

45

Form 706 (Rev. 8-2012)

Decedent's social security number

Estate of:SCHEDULE E - Jointly Owned Property

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

PART 1. Qualified Joint Interests - Interests Held by the Decedent and His or Her Spouse as the Only JointTenants (Section 2040(b)(2))

Note. If the value of the gross estate, together with the amount of adjusted taxable gifts, is less than the basic exclusion amount and theForm 706 is being filed solely to elect portability of the DSUE amount, consideration should be given as to whether you are required toreport the value of assets eligible for the marital or charitable deduction on this schedule. See the instructions and Reg. section20.2010-2T(a)(7)(ii) for more information. If you are not required to report the value of an asset, identify the property but make no entriesin the last three columns.

Itemnumber

Alternate valuationdate Alternate value Value at

date of deathDescription. For securities, give CUSIP number. If trust, partnership, or closely held entity,

give EIN.

CUSIP number orEIN, whereapplicable

m m m m mTotal from continuation schedules (or additional statements) attached to this schedule1a1b

1a1b

Totals m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mAmounts included in gross estate (one-half of line 1a) m m m m m m m m m m m m m m m m m m m m m

All Other Joint InterestsPART 2.2a State the name and address of each surviving co-tenant. If there are more than three surviving co-tenants, list the additional co-

tenants on an attached statement.

Name Address (number and street, city, state, and ZIP code)

A.

B.

C.Item

number

Enterletter forco-tenant

Percentage includible Includible alternatevalue

Includible value atdate of death

Description (including alternate valuation date if any). For securities, give CUSIPnumber. If trust, partnership, or closely held entity, give EIN

CUSIP number orEIN, whereapplicable

Total from continuation schedules (or additional statements) attached to this schedule m m m m m2b2b Total other joint interests m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

3 Total includible joint interests (add lines 1b and 2b). Also enter on Part 5 - Recapitulation,page 3, at item 5 3m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

(If more space is needed, attach the continuation schedule from the end of this package or additional statements of the same size.)JSA Schedule E - Page 131R8111 1.000

Beth R Tyler 999-99-9991

1,109,826

671,013 335,507

774,319

1 2,400 SharesBank of America Corp.Unit Value: 14.3750CUSIP: 060505104 34,500

636,513

Edward Fleisher 23 Lowry's Lane, Rosemont, PA 19010

Bubbles Barton 14 Elm Street, Rosemont, PA 19010

1 B Friendly Bank, Checking Account 111-4444333 100.0000 24,319

750,000

46

Estate of: Beth R Tyler 999-99-9991

Schedule E Part 1 (Page 2)

Item Alt. Val Alternate Value atNo. Description Unit Value Date Value Date of Death----- ------------------------------ ------------ ---------- -------------- --------------

Total (Carry forward to main schedule)

2 House and lot located at 26 Garrett Avenue, Rosemont, Pennsylvania 19010 450,000See attached appraisal

3 2,300 SharesJohnson & Johnson

CUSIP: 478160104 63.2450 145,464

4 250 SharesKraft Foods Inc. A

CUSIP: 50075N104 31.6050 7,901Dividend accrued on 01/05/2012 73

5 3,000 SharesKrispy Kreme Doughnuts IncCommonNew York Stock Exchange

CUSIP: 501014104 6.8600 20,580

6 Personal property located at 23 Lowry's Lane, Rosemont, Pennsylvania 19010 9,300See attached appraisal

7 100 SharesWells Fargo

CUSIP: 949746101 31.9500 3,195

636,513

47

Estate of: Beth R Tyler 999-99-9991

Schedule E Part 2 (Page 2)

Item Unit Percent Alternate Value atNo. Ltr Description Value Includible Value Date of Death----- --- ---------------------------- ---------- -------- -------------- --------------

Total (Carry forward to main schedule)

2 A House and lot located at 23 Lowry's Lane Street, Rosemont, Pennsylvania 19010Property owned as tenants by entireties by decedent and spouse. Property was purchased in 1972 and all consideration was paid by decedent. Under Gallenstein vs. U.S. 975 F2d 286, the entire property is included in decedent's estate. 100.0000 750,000appraisal attached

750,000

48

Form 706 (Rev. 8-2012)

Decedent's social security number

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 theForm 706 is being filed solely to elect portability of the DSUE amount, consideration should be given as to whether you are required toreport the value of assets eligible for the marital or charitable deduction on this schedule. See the instructions and Reg. section20.2010-2T(a)(7)(ii) for more information. If you are not required to report the value of an asset, identify the property but make no entriesin the last three columns.

Yes No1 Did the decedent own any works of art, items, or any collections whose artistic or collectible value at date of deathexceeded $3,000? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mIf "Yes," submit full details on this schedule and attach appraisals.

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

3 Did the decedent at the time of death have, or have access to, a safe deposit box? m m m m m m m m m m m m m m m m m m m m mIf "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.

Itemnumber

Alternate valuationdate Alternate value Value at

date of deathDescription. For securities, give CUSIP number. If trust, partnership, or closely held

entity, give EIN

CUSIP number orEIN, whereapplicable

Total from continuation schedules (or additional statements) attached to this scheduleTOTAL. (Also enter on Part 5 - Recapitulation, page 3, at item 6.)

m m m mm m m m m m m m m m m m m m m m(If more space is needed, attach the continuation schedule from the end of this package or additional statements of the same size.)JSA Schedule F - Page 141R8112 1.000

Beth R Tyler 999-99-9991

X

X

X

13,900

1 2004 Mini Cooper 4,500

2 5% limited partnership interest in Tyler Family LP 9,400See attached valuation

0

See attached

See attached

49

Estate of: Beth R Tyler 999-99-9991

Schedule F - Question 3 (Page 1)

Location and if held in joint names of decedent and another, state name and relationship of joint depositor.

Friendly Bank, Bryn Mawr, PA Box #151 Joint Depositor: Edward Fleisher (surviving spouse)

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

none omitted

50

Form 706 (Rev. 8-2012)

Decedent's social security number

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 706is 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 assetseligible for the marital or charitable deduction on this schedule. See the instructions and Reg. section 20.2010-2T(a)(7)(ii) for more information. If youare not required to report the value of an asset, identify the property but make no entries in the last three columns.

Alternate Value atdate of death

Item Description. For securities, give CUSIP number. If trust,partnership, or closely held entity, give EIN Alternate valuevaluation datenumber

A. Gift tax paid or payable by the decedent or the estate for all giftsmade by the decedent or his or her spouse within 3 years before the

X X X X Xdecedent's death (section 2035(b)) m m m m m m m m m m m m m m m m m m m m mB. Transfers includible under sections 2035(a), 2036, 2037, or 2038:

Total from continuation schedules (or additional statements) attached to this schedule m m m m mTOTAL. (Also enter on Part 5 - Recapitulation, page 3, at item 7.) m m m m m m m m m m m m m m m m m

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.)

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 706is 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 assetseligible for the marital or charitable deduction on this schedule. See the instructions and Reg. section 20.2010-2T(a)(7)(ii) for more information. If youare not required to report the value of an asset, identify the property but make no entries in the last three columns.

Item Alternate valuationdate

Value atdate of death

Alternate valueDescriptionnumber

Total from continuation schedules (or additional statements) attached to this schedule m m m m m m mTOTAL. (Also enter on Part 5 - Recapitulation, page 3, at item 8.) m m m m m m m m m m m m m m m m m m m

(If more space is needed, attach the continuation schedule from the end of this package or additional statements of the same size.)JSA Schedules G and H - Page 151R8113 1.000

Beth R Tyler 999-99-9991

345,445

6,432

0

1 250 Par$250 US Savings Bond, Series EE dated 9/8/1973Payable on death to: Bubbles Barton (daughter)Unit Value: 138.6000 347

345,098

1 Decedent had the right to withdraw the greater of 5% or $5,000 from the Geoffrey Tyler Trust dated 10/23/1957. 6,432

0

51

Form 706 (Rev. 8-2012) (Make copies of this schedule before completing it if you will need more than one schedule.)

Decedent's social security numberEstate of:

CONTINUATION SCHEDULE

Continuation of Schedule(Enter letter of schedule you are continuing.)

Description.For securities, give CUSIP number.

If trust, partnership, or closely held entity, give EIN.

Unit value(Sch. B, E, or

G only)

Value at date ofdeath or amount

deductible

Itemnumber

Alternatevaluation date Alternate value

TOTAL. (Carry forward to main schedule.) m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mContinuation Schedule - Page 31

JSA1R8130 1.000

Beth R Tyler 999-99-9991

G (Page 2)

2 FOR INFORMATION ONLY: Decedent executed the Tyler Irrevocable Life Insurance Trust dated 10/24/1993. All gifts to the trust were duly reported on gift tax returns filed by the Decedent. The trust is not includible in Decedent's estate. 0

DECEDENT EXECUTED THE BETH TYLER REVOCABLE TRUST DATED 6/1/2004, as amended twenty-three times. Assets listed below.

3 200 SharesHeinz H J CoCommonNew York Stock Exchange

CUSIP: 423074103 49.0875 9,818Dividend accrued on 01/05/2012 90

4 4,000 SharesMcDonalds Corp.

CUSIP: 580135101 74.6050 298,420

5 1,000 SharesXerox Corp.

CUSIP: 984121103 11.4200 11,420Dividend accrued on 01/05/2012 43

DECEDENT EXECUTED THE TYLER FAMILY CHARITABLE REMAINDER UNITRUST DATED 6/14/2001. Decedent received the annuity payments for Decedent's lifetime. Trust continues for the benefit of Decedent's suriviving spouse. At surviving spouse's death, trust terminates to Germantown SPCA. Assets listed below.

6 200 SharesGeneral Mills, Inc.

CUSIP: 370334104 36.2850 7,257

327,048

52

Form 706 (Rev. 8-2012) (Make copies of this schedule before completing it if you will need more than one schedule.)

Decedent's social security numberEstate of:

CONTINUATION SCHEDULE

Continuation of Schedule(Enter letter of schedule you are continuing.)

Description.For securities, give CUSIP number.

If trust, partnership, or closely held entity, give EIN.

Unit value(Sch. B, E, or

G only)

Value at date ofdeath or amount

deductible

Itemnumber

Alternatevaluation date Alternate value

TOTAL. (Carry forward to main schedule.) m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mContinuation Schedule - Page 31

JSA1R8130 1.000

Beth R Tyler 999-99-9991

G (Page 3)

7 1,000 SharesPfizer, Inc.

CUSIP: 717081103 18.0500 18,050

18,050

53

Form 706 (Rev. 8-2012)

Decedent's social security number

Estate of:

SCHEDULE I - AnnuitiesNote. Generally, no exclusion is allowed for the estates of decedents dying after December 31, 1984 (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 Form 706is 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 assetseligible for the marital or charitable deduction on this schedule. See the instructions and Reg. section 20.2010-2T(a)(7)(ii) for more information. If youare not required to report the value of an asset, identify the property but make no entries in the last three columns.

Yes NoA Are you excluding from the decedent's gross estate the value of a lump-sum distribution described in section2039(f)(2) (as in effect before its repeal by the Deficit Reduction Act of 1984)? m m m m m m m m m m m m m m m m m m m m m m m mIf "Yes," you must attach the information required by the instructions.

Item

number

Description.

Show the entire value of the annuity before any exclusions

Alternate valuation

date

Includible alternate

value

Includible value at

date of death

Total from continuation schedules (or additional statements) attached to this schedule m m m m mTOTAL. (Also enter on Part 5 - Recapitulation, page 3, at item 9.) m m m m m m m m m m m m m m m m m

(If more space is needed, attach the continuation schedule from the end of this package or additional statements of the same size.)JSA Schedule I - Page 161R8114 1.000

Beth R Tyler 999-99-9991

648,270

1 FOR INFORMATION ONLY: Decedent received monthly pension payments from Street Performers Retirement Program. These payments terminated at death with no further value. 0

2 Vanguard Individual Retirement Account V-25063Beneficiary: Surviving Spouse 645,331Interest accrued to 01/05/2012 2,939

0

54

Form 706 (Rev. 8-2012)

Decedent's social security number

Estate of:SCHEDULE J - Funeral Expenses and Expenses Incurred in Administering Property Subject to ClaimsI 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 notallowable as a deduction in computing the taxable income of the estate for federal income tax purposes. They are allowable as anincome tax deduction on Form 1041, U.S. Income Tax Return for Estates and Trusts, if a waiver is filed to forgo the deduction onForm 706 (see Instructions for Form 1041).

Are you aware of any actual or potential reimbursement to the estate of any expense claimed as a deduction on thisschedule?If "Yes," attach a statement describing the expense(s) subject to potential reimbursement. (see instructions)

Yes Nom m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mItem

numberDescription Expense amount Total amount

A. Funeral expenses:

ITotal funeral expenses m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mB. Administration expenses:

1 Executors' commissions - amount estimated/agreed upon/paid. (Strike out the words that do not apply.) m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

2 Attorney fees - amount estimated/agreed upon/paid. (Strike out the words that do not apply.) m m m m m3 Accountant fees - amount estimated/agreed upon/paid. (Strike out the words that do not apply.) m m m m

Expense amount4 Miscellaneous expenses:

Total miscellaneous expenses from continuation schedules (or additional statements)attached to this schedule m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m IITotal miscellaneous expenses m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

TOTAL. (Also enter on Part 5 Recapitulation, page 3, at item 14.) m m m m m m m m m m m m m m m m m m m m m m m m(If more space is needed, attach the continuation schedule from the end of this package or additional statements of the same size.)

Schedule J - Page 17JSA

1R8115 1.000

Beth R Tyler 999-99-9991

X

79,847

7,990

6,000 10,000 3,500

52,357

1 Meadowville - Funeral reception 1,134

2 Robertsons Florist 766

6,090Total from continuation schedules . . . . . . . . .

1 Comcast 143

2 Department of Health Vital Statistics - Death Certificates 90

3 James Tyler - Clean out of 2544 St. Charles Place, Ocean City, New Jersey 25,000

4 Expense of sale of 2544 St. Charles Place, Ocean City, NJ 23,450

5 Jim's Appraisal Services - Real estate appraisal-2544 St. Charles Place, Ocean City, New Jersey 500

6 New Jersey Power and Light 45

7 Register of Wills - Probate fees 2,400

8 Register of Wills - Short certificates 120

609

XXXXXXXXXXX

XXXXXXXXXXX XXXXXXXXXXX

55

Estate of: Beth R Tyler 999-99-9991

Schedule J Part A (Page 2)

ItemNo. Description Amount----- ----------------------------------------------------- --------------

Total (Carry forward to main schedule)

3 Stretch Funeral Home 6,090

6,090

56

Estate of: Beth R Tyler 999-99-9991

Schedule J Part B (Page 2)

ItemNo. Description Amount----- ----------------------------------------------------- --------------

Total (Carry forward to main schedule)

9 Ted's Auction House - Personal property appraisal 350

10 William J. Mansfield, Inc. - Estate advertisement 259

609

57

Form 706 (Rev. 8-2012)

Decedent's social security numberEstate of:

SCHEDULE K - Debts of the Decedent, and Mortgages and LiensI Use Schedule PC to make a protective claim for refund due to a claim not currently deducible.For such a claim, report the expense on Schedule K but without a value in the last column.

Yes NoAre 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.

m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m mItem

number

Debts of the Decedent - Creditor and nature of debt, and

allowable death taxesAmount

Total from continuation schedules (or additional statements) attached to this schedule m m m m m m m m m m m m m mTOTAL. (Also enter on Part 5 - Recapitulation, page 3, at item 15.)m m m m m m m m m m m m m m m m m m m m m m m m m m

Item

numberMortgages and Liens - Description Amount

Total from continuation schedules (or additional statements) attached to this schedule m m m m m m m m m m m m m mTOTAL. (Also enter on Part 5 - Recapitulation, page 3, at item 16.) m m m m m m m m m m m m m m m m m m m m m m m m m

(If more space is needed, attach the continuation schedule from the end of this package or additional statements of the same size.)Schedule K - Page 18JSA

1R8116 1.000

Beth R Tyler 999-99-9991

X

8,050

101,145

1 American Express 2,434

2 Bryn Mawr Hospital 63

3 Buck & Doe, LLC - Lifetime legal expenses 2,400

4 Church of the Redeemer, Bryn Mawr Pennsylvania - Balance of 2011 charitable pledge 2,500

5 Comcast 150

6 John Smith, M.D. 89

7 PA Department of Revenue - 2011 Form PA-40 359

8 TMobile 55

0

1 100,500 ParMortgage balance on 1/2 interest in 2544 St. Charles Place, Ocean City, New Jersey 100,500Interest accrued to 01/05/2012 645

0

58

Form 706 (Rev. 8-2012)

Decedent's social security number

Estate of:

SCHEDULE L - Net Losses During Administration andExpenses Incurred in Administering Property Not Subject to ClaimsI 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.

Itemnumber

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

Amount

Total from continuation schedules (or additional statements) attached to this schedule m m m m m m m m m m m m m mTOTAL. (Also enter on Part 5 - Recapitulation, page 3, at item 19.) m m m m m m m m m m m m m m m m m m m m m m m m m

Itemnumber

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

Amount

Total from continuation schedules (or additional statements) attached to this schedule m m m m m m m m m m m m m mTOTAL. (Also enter on Part 5 - Recapitulation, page 3, at item 20.) m m m m m m m m m m m m m m m m m m m m m m m m m

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

Schedule L - Page 19JSA

1R8117 1.000

Beth R Tyler 999-99-9991

4,500

11,025

1 Uninsured loss of 2004 Mini Cooper - Automobile was destroyed by winter storm. 4,500

0

1 Buck & Doe, LLC - Attorney's fees to settle Decedent's Revocable Trust 5,000

2 Rosemont Trust Company - Trustee fees to settle and terminate Revocable Trust 6,000

3 US Treasury Direct - US Postal Fees to submit forms for reregistration and direct deposit of US Savings Bond to son 25

0

59

Form 706 (Rev. 8-2012)

Decedent's social security numberEstate of:

SCHEDULE M - Bequests, etc., to Surviving SpouseNote. If the value of the gross estate, together with the amount of adjusted taxable gifts, is less than the basic exclusion amount and theForm 706 is being filed solely to elect portability of the DSUE amount, consideration should be given as to whether you are required toreport the value of assets eligible for the marital or charitable deduction on this schedule. 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 no entry in the lastcolumn.

Yes No1 Did any property pass to the surviving spouse as a result of a qualified disclaimer? 1

2c

3

m m m m m m m m m m m m m m m m m m mIf "Yes," attach a copy of the written disclaimer required by section 2518(b).

2 a In what country was the surviving spouse born?b What is the surviving spouse's date of birth?c Is the surviving spouse a U.S. citizen? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m md If the surviving spouse is a naturalized citizen, when did the surviving spouse acquire citizenship?e If the surviving spouse is not a U.S. citizen, of what country is the surviving spouse a citizen?

3 Election Out of QTIP Treatment of Annuities. Do you elect under section 2056(b)(7)(C)(ii) not to treat as qualifiedterminable interest property any joint and survivor annuities that are included in the gross estate and wouldotherwise be treated as qualified terminable interest property under section 2056(b)(7)(C)? (see instructions) m m m m

Description of property interests passing to surviving spouse.Itemnumber Amount

For securities, give CUSIP number. If trust, partnership, or closely held entity, give EIN

QTIP property:

All other property:

Total from continuation schedules (or additional statements) attached to this schedule m m m m m m m m m m m m m m4 Total amount of property interests listed on Schedule M 4m m m m m m m m m m m m m m m m m m m m m m m m m m m5 a Federal estate taxes payable out of property interests listed on Schedule M 5am m m m m m

b Other death taxes payable out of property interests listed on Schedule M 5bm m m m m m m mc Federal and state GST taxes payable out of property interests listed on Schedule M 5c

5dd Add items 5a, 5b, and 5c m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m6 Net amount of property interests listed on Schedule M (subtract 5d from 4). Also enter on Part 5 -

Recapitulation, page 3, at item 21 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m 6(If more space is needed, attach the continuation schedule from the end of this package or additional statements of the same size.)

Schedule M - Page 20JSA

1R8118 1.000

999-99-9991Beth R Tyler

X

USA03/14/1941

X

X

1,756,341

1,756,341 0 0 0

0

None

2A Annuity Interest in Tyler Family Charitable Remainder Unitrust dated 6/4/2001 12,101

2B 50% of Bank of America Corp.CUSIP: 060505104 17,250

2C 50% of House and lot located at 26 Garrett Avenue, Rosemont, Pennsylvania 19010 225,000

2D 50% of Johnson & JohnsonCUSIP: 478160104 72,732

1,429,258

60

Estate of: Beth R Tyler 999-99-9991

Schedule M All Other Property (Page 2)

ItemNo. Description Amount----- ----------------------------------------------------------------- --------------

Total (Carry forward to main schedule)

2E 50% of Kraft Foods Inc. ACUSIP: 50075N104 3,987

2F 50% of Krispy Kreme Doughnuts IncCommonNew York Stock ExchangeCUSIP: 501014104 10,290

2G 50% of Personal property located at 23 Lowry's Lane, Rosemont, Pennsylvania 19010 4,650

2H 100% of Vanguard Individual Retirement Account V-25063Beneficiary: Surviving Spouse 648,270

2I 100% of Veterans Life Insurance Policy V 101 4445Beneficiary: Surviving spouse 10,463

2J 50% of Wells FargoCUSIP: 949746101 1,598

2K 100% of House and lot located at 23 Lowry's Lane Street, Rosemont, Pennsylvania 19010Property owned as tenants by entireties by decedent and spouse. Property was purchased in 1972 and all consideration was paid by decedent. Under Gallenstein vs. U.S. 975 F2d 286, the entire property is included in decedent's estate. 750,000

1,429,258

61

Form 706 (Rev. 8-2012)Decedent's social security number

Estate of:

SCHEDULE O - Charitable, Public, and Similar Gifts and BequestsNote. If the value of the gross estate, together with the amount of adjusted taxable gifts, is less than the basic exclusion amount and theForm 706 is being filed solely to elect portability of the DSUE amount, consideration should be given as to whether you are required toreport the value of assets eligible for the marital or charitable deduction on this schedule. 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 no entry in the lastcolumn.

Yes No1a If the transfer was made by will, has any action been instituted to contest or have interpreted any of its provisions

affecting the charitable deductions claimed in this schedule? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mIf "Yes," full details must be submitted with this schedule.

b According to the information and belief of the person or persons filing this return, is any such action planned? m m m m mIf "Yes," full details must be submitted with this schedule.

Did any property pass to charity as the result of a qualified disclaimer?2 m m m m m m m m m m m m m m m m m m m m m m m m m m mIf "Yes," attach a copy of the written disclaimer required by section 2518(b).

ItemName and address of beneficiary AmountCharacter of institution

number

Total from continuation schedules (or additional statements) attached to this schedule m m m m m m m m m m m m m m m m m3 Total 3m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m4a Federal estate tax payable out of property interests listed above 4am m m m m m m m m m

b Other death taxes payable out of property interests listed above 4bm m m m m m m m m mc Federal and state GST taxes payable out of property interests listed above 4cm m m m md Add items 4a, 4b, and 4c 4dm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

5 Net value of property interests listed above (subtract 4d from 3). Also enter on Part 5 - Recapitulation,page 3, at item 22 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m 5

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

Schedule O - Page 21

JSA1R8119 1.000

Beth R Tyler 999-99-9991

X

X

X

113,206

113,206

0

0

0

0

1 Remainder interest in Tyler Family Charitable Remainder Unitrust dated 6/14/2001 Cruelty to Animal 13,206

2 Specific Bequest to Germantown Academy Educational 100,000

0

62

Form 706 (Rev. 8-2012)

SCHEDULE R - Generation-Skipping Transfer TaxNote. To avoid application of the deemed allocation rules, Form 706 and Schedule R should be filed to allocate the GST exemption totrusts that may later have taxable terminations or distributions under section 2612 even if the form is not required to be filed to reportestate or GST tax.

The GST tax is imposed on taxable transfers of interests in property located outside the United States as well as property locatedinside the United States. (see instructions)

GST Exemption Reconciliation (Section 2631) and Special QTIP Election (Section 2652(a)(3))Part 1.

You no longer need to check a box to make a section 2652(a)(3) (special QTIP) election. If you listqualifying property in Part 1, line 9 below, you will be considered to have made this election. Seeinstructions for details.

1 Maximum allowable GST exemption 1m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m2 Total GST exemption allocated by the decedent against decedent's lifetime transfers 2m m m m m m m m3 Total GST exemption allocated by the executor, using Form 709, against decedent's lifetime

transfers 3m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m4 GST exemption allocated on line 6 of Schedule R, Part 2 4m m m m m m m m m m m m m m m m m m m m m m m5 GST exemption allocated on line 6 of Schedule R, Part 3 5m m m m m m m m m m m m m m m m m m m m m m m

66 Total GST exemption allocated on line 4 of Schedule(s) R-1 m m m m m m m m m m m m m m m m m m m m m m77 Total GST exemption allocated to inter vivos transfers and direct skips (add lines 2-6) m m m m m m m m

8 GST exemption available to allocate to trusts and section 2032A interests (subtract line 7 fromline 1) 8m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

9 Allocation of GST exemption to trusts (as defined for GST tax purposes):

A B C D E

Name of trust Trust'sEIN (if any)

GST exemptionallocated on lines 2-6,

above (see instructions)

Additional GSTexemption allocated

(see instructions)

Trust's inclusionratio (optional - see

instructions)

9D Total. May not exceed line 8, above 9Dm m m m m m m m m m m m m m m m m10 GST exemption available to allocate to section 2032A interests received by individual beneficiaries

(subtract line 9D from line 8). You must attach special-use allocation statement (see instructions) 10mSchedule R - Page 23

JSA

1R8121 1.000

5,120,000

0

0

0

0

0

0

5,120,000

1,426,381

0

Credit Shelter Trust Applied For 0 1,426,381 0.0000

63

Estate of: Beth R Tyler 999-99-9991

Worksheet TG - Taxable Gifts Reconciliation

Total taxable gifts made before 1977 0

Line 4 - Taxable gifts made after 1976

Calendar Total Taxable amount Amount qualifying Gift tax Gift tax year or taxable gifts included in as special paid by paid by quarter for period gross estate treatment gifts decedent spouse (a) (b) (c) (d) (e) (f) ---------- -------------- -------------- -------------- -------------- -------------- 2002 1,500,000 0 0 0 0 -------------- -------------- -------------- -------------- -------------- Totals 1,500,000 0 0 0 0

1. Taxable gifts made after 1976 (from column b) 1,500,000 2. Taxable gifts made after 1976 included in gross estate (from column c) 0 3. Taxable gifts made after 1976 that qualify for "special treatment" (from column d) 0 4. Add lines 2 and 3 0 5. Adjusted taxable gifts 1,500,000

64

Estate of: Beth R Tyler 999-99-9991

Worksheet TG - Taxable Gifts Reconciliation

Line 7 - Gift tax on gifts made after 1976 (a) (b) (c) (d) (e) (f) (g) (h) Cumulative DSUE from Predeceased Cumulative Tax Based Tax on Spouse(s) Taxable Taxable Taxable Gifts on 2012 Cumulative Tax on Gifts Applied to Gifts for Gifts for Including Rates for Gifts Including for Current Current & Period Current Period Prior Periods Current Period Prior Gifts Current Period Period Prior Gifts ---------- -------------- -------------- -------------- -------------- -------------- -------------- -------------- Pre-1977 0 - 0 - 0 - - 2002 1,500,000 0 1,500,000 0 505,800 505,800 0

(i) (j) (k) (l) (m) (n) (o) Basic Maximum Applicable Exclusion Applicable Credit Available Tax Amount Credit based Amount Used Credit Payable for Current on amount in Prior in Current Credit for Current Period Total in Column J Periods Period Allowable Period -------------- -------------- -------------- -------------- -------------- -------------- -------------- Pre-1977 - - - - - - - 2002 1,000,000 1,000,000 330,800 0 330,800 330,800 175,000

1. Total gift taxes payable on gifts made after 1976 (add amounts in column (o)) 175,000 2. Gift tax paid by the decedent on gifts that qualify for "special treatment" (from Line 4 worksheet, column e) 0 3. Subtract line 2 from line 1 175,000 4. Gift tax paid by the decedent's spouse on split gifts (from Line 4 worksheet, column f) 0 5. Add lines 3 and 4 175,000

65

Estate of Beth Tyler

SSN: 999-99-9991

Date of Death: 1/5/2012

Federal Estate Tax Return

Calculation of Residue to Credit Shelter Trust

Gross Estate 3,535,925

Less

Specific Bequest to Germantown Academy (100,000)

Joint Property to daughter (24,319)

EE Bond to daughter (347)

5% FLP Interest to daughter (9,400)

Life Insurance to Wife (10,463)

House to Wife, Schedule E Part 2 (750,000)

Joint Property to Wife (335,507)

Life Interest in CRUT to Wife (12,101)

Annuities to wife (648,270)

Remainder Interest in CRUT to Germantown SPCA (13,206)

Schedule J (79,847)

Schedule K (109,195)

Schedule L (15,525)

PA Inheritance Tax (actually paid) (1,364)

Residue to Credit Shelter Trust 1,426,381

PA Inheritance Tax Tax @ 4.5%

To daughter:

$9000 taxable gift within one year $9,000 405

1/2 of Joint Account with daughter $12,160 547

$250 US Savings Bond, Series EE $347 16

5% limited Partnership Interest $9,400 423

$30,907 1,391

Calculation of State Death Tax Deduction

PA Inheritance Tax - Total 1,391

Less tax on gifts within one year of death (not (405)

included in Federal Gross Estate)

Less PA Discount allowed on $500 discount payment (26)

made within 3 months of death

State Death Tax Deduction 959

5/14/20139:10 AM

66

OMB No. 1545-0020

(For gifts made during calendar year 2012)Department of the TreasuryInternal Revenue Service

Have you applied a DSUE amount received from a predeceased spouse to a gift or gifts reported on this or a previous Form 709? If "Yes," complete Schedule C

Under penalties of perjury, I declare that I have examined this return, including any accompanying schedules and statements, and to the best of my knowledge and belief, it istrue, correct, and complete. Declaration of preparer (other than donor) is based on all information of which preparer has any knowledge. May the IRS discuss this return with

the preparer shown below (seeinstructions)?

Date PTINCheck ifPrint/Type preparer's name Preparer's signature

self-employed

Firm's name Firm's EIN

Firm's address Phone no.

Form (2012) 20550111-21-12

| Information about Form 709 and its separate instructions is at .

| See instructions.

1 2 3

4 5

6 7

8

9

10

11a

b12 Gifts by husband or wife to third parties.

If the answer is "No," skip lines 13-18.

13 14

15

16

17

18 Consent of Spouse.

Consenting spouse's signature Date

19

1 1

2 2

3 3

4 4

5 5

6

7

6

7

8

9

8

9

10

10

11 11

12 12

13 13

14 14

15 15

16 16

17 17

18 18

19

20

balance due 19

amount to be refunded 20

For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see the instructions for this form.

Yes No

Pa

rt 1

- G

en

era

l In

form

ati

on

Pa

rt 2

- T

ax

Co

mp

uta

tio

n

Yes No

PaidPreparerUse Only

Att

ac

h c

he

ck

or

mo

ne

y o

rde

r h

ere

.

Table for Computing Gift Tax Table for Computing Gift Tax

Donor's first name and middle initial Donor's last name Donor's social security number

Address (number, street, and apartment number) Legal residence (domicile)

City, state, and ZIP or postal code Citizenship (see instructions)

If the donor died during the year, check here | and enter date of death , .

If you extended the time to file this Form 709, check here |

Enter the total number of donees listed on Schedule A. Count each person only once. |

Have you (the donor) previously filed a Form 709 (or 709-A) for any other year? If "No," skip line 11b~~~~~~~~~~~~~~~~~~~~

Has your address changed since you last filed Form 709 (or 709-A)? ���������������������������������

Do you consent to have the gifts (including generation-skipping transfers) made by you and by your

spouse to third parties during the calendar year considered as made one-half by each of you? (see instructions.) (If the answer is "Yes," the

following information must be furnished and your spouse must sign the consent shown below. ) ����

Name of consenting spouse SSN

Were you married to one another during the entire calendar year? (see instructions) ���������������������������

If 15 is "No," check whether married divorced or widowed/deceased, and give date |

Will a gift tax return for this year be filed by your spouse? (If "Yes," mail both returns in the same envelope.) ����������������

I consent to have the gifts (and generation-skipping transfers) made by me and by my spouse to third parties during the calendar yearconsidered as made one-half by each of us. We are both aware of the joint and several liability for tax created by the execution of this consent.

| |

����

Enter the amount from Schedule A, Part 4, line 11

Enter the amount from Schedule B, line 3

Total taxable gifts. Add lines 1 and 2

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Tax computed on amount on line 3 (see in instructions)

Tax computed on amount on line 2 (see in instructions)

~~~~~~~~~~~~

~~~~~~~~~~~~

Balance. Subtract line 5 from line 4

Applicable credit amount. If donor has DSUE amount from predeceased spouse(s), enter amount from

Schedule C, line 5; otherwise, see instructions

Enter the applicable credit against tax allowable for all prior periods (from Sch. B, line 1, col. C)

Balance. Subtract line 8 from line 7. Do not enter less than zero

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~

Enter 20% (.20) of the amount allowed as a specific exemption for gifts made after September 8, 1976, and

before January 1, 1977 (see instructions) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Balance. Subtract line 10 from line 9. Do not enter less than zero

Applicable credit. Enter the smaller of line 6 or line 11

Credit for foreign gift taxes (see instructions)

Total credits. Add lines 12 and 13

~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Balance. Subtract line 14 from line 6. Do not enter less than zero

Generation-skipping transfer taxes (from Schedule D, Part 3, col. H, Total)

~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~

Total tax. Add lines 15 and 16 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Gift and generation-skipping transfer taxes prepaid with extension of time to file ~~~~~~~~~~~~~~~~

If line 18 is less than line 17, enter (see instructions) ~~~~~~~~~~~~~~~~~~~~~~

If line 18 is greater than line 17, enter ������������������������

Signature of donor Date

| |

|

Form

LHA

www.irs.gov/form709

SignHere

709

United States Gift (and Generation-Skipping Transfer) Tax Return7092012

  

     

   

 =

!

EDWARD FLEISHER 888-88-8882

23 LOWRY'S LANE DELAWARE COUNTY-PA

ROSEMONT, PA 19010 UNITED STATES

X1

X

X2,000,000.

2,000,000.680,800.

680,800.

2,472,800.

2,472,800.

2,472,800.680,800.

680,800.0.

0.

0.

09150514 783622 FLEISHER-EDW 2012.03040 FLEISHER, EDWARD FLEISH01 1

67

Donee's name and addressRelationship to donor (if any)Description of giftIf the gift was of securities, give CUSIP no.If closely held entity, give EIN

Donee's name and addressRelationship to donor (if any)Description of giftIf the gift was of securities, give CUSIP no.If closely held entity, give EIN

Donee's name and addressRelationship to donor (if any)Description of giftIf the gift was of securities, give CUSIP no.If closely held entity, give EIN

Form (2012)

20551111-21-12

2

A

B

Part 1 - Gifts Subject Only to Gift Tax.

A B C D E F G H

Total of Part 1.

Part 2 - Direct Skips.

A B C D E F G H

Total of Part 2.

Part 3 - Indirect Skips.

A B C D E F G H

Total of Part 3.

complete if you are splitting gifts with your spouse and he/she also made gifts.

complete if you are splitting gifts with your spouse and he/she also made gifts.

complete if you are splitting gifts with your spouse and he/she also made gifts.

(If more space is needed, attach additional statements.)

Form 709 (2012) Page

(Including transfers in trust) (see instructions)

Does the value of any item listed on Schedule A reflect any valuation discount? If "Yes," attach explanation ��������������������������������������� Yes No

Check here if you elect under section 529(c)(2)(B) to treat any transfers made this year to a qualified tuition program as made ratably over a 5-year period beginning this year. See instructions. Attach explanation.

Gifts less political organization, medical, and educational exclusions. (see instructions)

¥¥¥¥¥

Itemnumber

Donor's adjustedbasis of gift

Dateof gift

Value atdate of gift

For split gifts,enter 1/2 ofcolumn F

Net transfer(subtract col. G

from col. F)

Gifts made by spouse -

Add amounts from Part 1, column H ����������������������������������������������������������������

Gifts that are direct skips and are subject to both gift tax and generation-skipping transfer tax. You must list the gifts in chronological order.

¥¥¥¥¥

Itemnumber

2632(b)election

out

Donor's adjustedbasis of gift

Dateof gift

Value atdate of gift

For split gifts,enter 1/2 ofcolumn F

Net transfer(subtract col. G

from col. F)

Gifts made by spouse -

Add amounts from Part 2, column H�����������������������������������������������������������������

Gifts to trusts that are currently subject to gift tax and may later be subject to generation-skipping transfer tax. You must list these gifts in chronological order.

¥¥¥¥¥

Itemnumber

2632(c)election

Donor's adjustedbasis of gift

Dateof gift

Value atdate of gift

For split gifts,enter 1/2 ofcolumn F

Net transfer(subtract col. G

from col. F)

Gifts made by spouse -

Add amounts from Part 3, column H�����������������������������������������������������������������

only

only

only

SCHEDULE A Computation of Taxable Gifts

709

     §

J

J

J

EDWARD FLEISHER 888-88-8882

X

1 BUBBLES BARTONDAUGHTERCASH 2,013,000. 06/14/12 2,013,000. 2,013,000.

2,013,000.

09150514 783622 FLEISHER-EDW 2012.03040 FLEISHER, EDWARD FLEISH01

2

68

20557105-01-12 Form (2012)

Part 1 - Gifts Subject Only to Gift Tax.

A B C D E F G H

Total of column H

Form 709 (2012)

Gifts less political organization, medical, and educational exclusions. (see instructions)

Donee's name and addressRelationship to donor (if any)Description of giftIf the gift was of securities, give CUSIP no.If closely held entity, give EIN

¥¥¥¥¥

Itemnumber

Donor's adjustedbasis of gift

Dateof gift

Value atdate of gift

For split gifts,enter 1/2 ofcolumn F

Net transfer(subtract col. G

from col. F)

�������������������������������������������������������������������������������

SCHEDULE A, PART I CONTINUATION SHEET

709J

EDWARD FLEISHER 888-88-8882

09150514 783622 FLEISHER-EDW 2012.03040 FLEISHER, EDWARD FLEISH01

3

69

Amount of applicablecredit (unified credit) against

gift tax for periods afterDecember 31, 1976

Amount of specificexemption for prior

periods ending beforeJanuary 1, 1977

Form (2012)20552111-21-12

3

Part 4 - Taxable Gift Reconciliation

1

2

3

1

2

3

Deductions

4

5

6

7

8

9

10

4

5

6

7

8

9

10

1111 Taxable gifts.

Terminable Interest (QTIP) Marital Deduction.

a.

b.

12 Election Out of QTIP Treatment of Annuities

not

If you answered "Yes" on line 11a of page 1, Part 1, see the instructions for completing Schedule B. If you answered "No," skip to the Tax Computation onpage 1 (or Schedules C or D, if applicable). Complete Schedule A before beginning Schedule B. See instructions for recalculation of the column C amounts.Attach calculations.

A B C D E

1 1

2 2

3

3

Transfer of Certain Life Estates Received From Spouse

(If more space is needed, attach additional statements.)

Form 709 (2012) Page

Total value of gifts of donor. Add totals from column H of Parts 1, 2, and 3 ~~~~~~~~~~~~~~~~~~~~~~~

Total annual exclusions for gifts listed on line 1 (see instructions)

Total included amount of gifts. Subtract line 2 from line 1

~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

(see instructions)

Gifts of interests to spouse for which a marital deduction will be claimed,

based on item numbers of Schedule A ~~~

Exclusions attributable to gifts on line 4

Marital deduction. Subtract line 5 from line 4

Charitable deduction, based on item nos.

~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~

less exclusions ~

Total deductions. Add lines 6 and 7 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Subtract line 8 from line 3

Generation-skipping transfer taxes payable with this Form 709 (from Schedule D, Part 3, col. H, Total)

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~

Add lines 9 and 10. Enter here and on page 1, Part 2 - Tax Computation, line 1 ���������������

(see instructions for Schedule A, Part 4, line 4.)

If a trust (or other property) meets the requirements of qualified terminable interest property under section 2523(f), and:

The trust (or other property) is listed on Schedule A, and

The value of the trust (or other property) is entered in whole or in part as a deduction on Schedule A, Part 4, line 4, then the donor shall be deemed to havemade an election to have such trust (or other property) treated as qualified terminable interest property under section 2523(f).

If less than the entire value of the trust (or other property) that the donor has included in Parts 1 and 3 of Schedule A is entered as a deduction on line 4, the donor

shall be considered to have made an election only as to a fraction of the trust (or other property). The numerator of this fraction is equal to the amount of the trust

(or other property) deducted on Schedule A, Part 4, line 6. The denominator is equal to the total value of the trust (or other property) listed in Parts 1 and 3 of Schedule A.

If you make the QTIP election, the terminable interest property involved will be included in your spouse's gross estate upon his or her death (section 2044). See

instructions for line 4 of Schedule A. If your spouse disposes (by gift or otherwise) of all or part of the qualifying life income interest, he or she will be considered to

have made a transfer of the entire property that is subject to the gift tax. See in the instructions.

Check here if you elect under section 2523(f)(6) to treat as qualified terminable interest property any joint and survivor annuities that are reported

on Schedule A and would otherwise be treated as qualified terminable interest property under section 2523(f). See instructions. Enter the item numbers from

Schedule A for the annuities for which you are making this election |

Calendar year orcalendar quarter(see instructions)

Amount oftaxable gifts

Internal Revenue officewhere prior return was filed

Totals for prior periods ~~~~~~~~~~~~~~~~~~~~

Amount, if any, by which total specific exemption, line 1, column D is more than $30,000 ~~~~~~~~~~~~~~~~~

Total amount of taxable gifts for prior periods. Add amount on line 1, column E and amount, if any, on line 2.

Enter here and on page 1, Part 2 - Tax Computation, line 2 ������������������������������

SCHEDULE B Gifts From Prior Periods

709

  :

EDWARD FLEISHER 888-88-8882

2,013,000.13,000.

2,000,000.

2,000,000.

2,000,000.

09150514 783622 FLEISHER-EDW 2012.03040 FLEISHER, EDWARD FLEISH01 4

70

Form (2012)

20553111-21-12

4

A B C GD E F

TOTAL

1

2

3

4

5

6

7

8

9

10

1

2

3

4

5

6

7

8

9

10

Note

Part 1 - Generation-Skipping Transfers

A B C D

Table for Computing Gift Tax

.

(If more space is needed, attach additional statements.)

Form 709 (2012) Page

Provide the following information to determine the DSUE amount and applicable credit received from prior spouses. Complete Schedule A before beginning Schedule C.

PortabilityElectionMade?

If "Yes," DSUEAmount Received

from Spouse

DSUE AmountApplied by Donor to

Lifetime Gifts (currentand prior gifts)

Date of Gift(s)(enter as mm/dd/yy

for Part 1 and asyyyy for Part 2)

Name of Deceased Spouse

(dates of death after

December 31, 2010 only)

Date of Death RESERVED

Yes No

(for all DSUE amounts applied for Part 1 and Part 2)

Donor's basic exclusion amount (see instructions)

Total from column E, Parts 1 and 2

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Reserved ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Add lines 1 and 2 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Applicable credit on amount in line 4 (See in the instructions). Enter here

and on line 7, Part 2 - Tax Computation ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Reserved ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Reserved ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Reserved ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Reserved ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Reserved ���������������������������������������������������

Inter vivos direct skips that are completely excluded by the GST exemption must still be fully reported (including value and exemptions claimed) on Schedule D.

Item No.(from Schedule A,

Part 2, col. A)

Value (from Schedule A,Part 2, col. H)

NontaxablePortion of Transfer

Net Transfer (subtractcol. C from col. B)

Gifts made by spouse (for gift splitting only)

Deceased Spousal Unused Exclusion (DSUE) AmountSCHEDULE C

Part 1 - DSUE RECEIVED FROM LAST DECEASED SPOUSE

Part 2 - DSUE RECEIVED FROM PREDECEASED SPOUSE(S)

Computation of Generation-Skipping Transfer TaxSCHEDULE D

709

EDWARD FLEISHER 888-88-8882

BETH R TYLER 01/05/12 X 2,659,148.2,000,000. 06/14/12

2,000,000.5,120,000.2,000,000.

7,120,000.

2,472,800.

09150514 783622 FLEISHER-EDW 2012.03040 FLEISHER, EDWARD FLEISH01 5

71

Form (2012)

20553211-21-12

5

Part 2 - GST Exemption Reconciliation (Section 2631) and Section 2652(a)(3) Election

1

2

3

4

5

6

7

1

2

3

4

5

6

7

8

You must attach a "Notice of Allocation."

8

Part 3 - Tax ComputationA E F G HB C D

Total generation-skipping transfer tax.

(If more space is needed, attach additional statements.)

Form 709 (2012) Page

Check here | if you are making a section 2652(a)(3) (special QTIP) election (see instructions)

Enter the item numbers from Schedule A of the gifts for which you are making this election |

Maximum allowable exemption (see instructions) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Total exemption used for periods before filing this return

Exemption available for this return. Subtract line 2 from line 1

Exemption claimed on this return from Part 3, column C total, below

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~

Automatic allocation of exemption to transfers reported on Schedule A, Part 3 (see instructions) ~~~~~~~~~~~~~~

Exemption allocated to transfers not shown on line 4 or 5, above. (see instructions) ~

Add lines 4, 5, and 6 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Exemption available for future transfers. Subtract line 7 from line 3 ���������������������������

Item No.(from

Schedule D,Part 1)

Inclusion Ratio(Subtract col. D

from 1.000)

MaximumEstate Tax

Rate

Applicable Rate(multiply col. E

by col. F)

Generation-SkippingTransfer Tax

(multiply col. B by col. G)

Net Transfer(from Schedule D,

Part 1, col. D)

GST ExemptionAllocated

Divide col. Cby col. B

35% (.35)

35% (.35)

35% (.35)

35% (.35)

35% (.35)

35% (.35)

Gifts made by spouse (for gift splitting only)

35% (.35)

35% (.35)

35% (.35)

35% (.35)

35% (.35)

35% (.35)

Enter here; on page 3,

Schedule A, Part 4, line 10; and on page 1, Part 2 - Tax

Computation, line 16

Total exemption claimed. Enter here andon Part 2, line 4, above. May not exceedPart 2, line 3, above ����������������������������

709

 

EDWARD FLEISHER 888-88-8882

5,120,000.

5,120,000.

5,120,000.

09150514 783622 FLEISHER-EDW 2012.03040 FLEISHER, EDWARD FLEISH01 6

72

United States Estate (and Generation-Skipping706Form

(Rev. August 2012) Transfer) Tax ReturnOMB No. 1545-0015

Department of the TreasuryInternal Revenue Service I Estate of a citizen or resident of the United States (see instructions). To be filed for

decedents dying after December 31, 2011, and before January 1, 2013.Information about Form 706 and its separate instructions is at www.irs.gov/form706.I

1a

3a

6a

6c

7a

Decedent's first name and middle initial (and maiden name, if any) 1b Decedent's last name 2 Decedent's social security no.

County, state, and ZIP or foreign country and postal code, of legalresidence (domicile) at time of death

3b Year domicile established 4 Date of birth 5 Date of death

6b Executor's address (number and street including apartment or suite no.; city, town,or post office; state; country; and ZIP or postal code) and phone no.

Name of executor (see instructions)

Executor's social security number (see instructions)

Phone no.

6d If there are multiple executors, check here and attach a list showing the names, addresses, telephone numbers, and SSNs of the additional executors.

Name and location of court where will was probated or estate administered 7b Case number

Par

t 1 -

Dec

eden

t and

Exe

cuto

r

I I810

If decedent died testate, check here and attach a certified copy of the will. 9 If you extended the time to file this Form 706, check hereI IIf Schedule R-1 is attached, check here If you are estimating the value of assets included in the gross estate on line 1 pursuant to the special rule of Reg. section 20.2010-2T(a) (7)(ii), check here11

123

4567899

99

10

11121314151617181920

Total gross estate less exclusion (from Part 5 - Recapitulation, item 13)

Tentative total allowable deductions (from Part 5 - Recapitulation, item 24)

Tentative taxable estate (subtract line 2 from line 1)

State death tax deduction

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

12

3a3b3c45678

1112

151617181920

m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m mabc

m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m mAdjusted taxable gifts (see instructions) m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mAdd lines 3c and 4

Tentative tax on the amount on line 5 from Table A in the instructionsm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m

Total gift tax paid or payable (see instructions)

Gross estate tax (subtract line 7 from line 6)m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

ab

cd

Basic exclusion amount

Deceased spousal unused exclusion (DSUE) amount from predeceased spouse(s), if

any (from Section D, Part 6-Portability of Deceased Spousal Unused Exclusion)

9a

9b9c9d

10

1314

m m m m m m m m m m m m m m m m m m m m m mm m m m m mApplicable exclusion amount (add lines 9a and 9b)

Applicable credit amount (tentative tax on the amount in 9c from Table A in the instructions)

Adjustment to applicable credit amount (May not exceed $6,000.

See instructions.)

Allowable applicable credit amount (subtract line 10 from line 9d)

Subtract line 11 from line 8 (but do not enter less than zero)

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

Credit for tax on prior transfers (from Schedule Q)

Total credits (add lines 13 and 14)

Net estate tax (subtract line 15 from line 12)

Generation-skipping transfer (GST) taxes payable (from Schedule R, Part 2, line 10)

Total transfer taxes (add lines 16 and 17)

Prior payments (explain in an attached statement)

Balance due (or overpayment) (subtract line 19 from line 18)

m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m

Par

t 2 -

Tax

Com

puta

tion

m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m mm m mm m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m mUnder penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledgeand belief, it is true, correct, and complete. Declaration of preparer other than the executor is based on all information of which preparer has anyknowledge.

SignHere

M MSignature of executor DateM MSignature of executor Date

Date PTINPrint/Type preparer's name Preparer's signatureCheck if

self-employedPaidPreparerUse Only Firm's EIN

Phone no.I IFirm's name IFirm's address

For Privacy Act and Paperwork Reduction Act Notice, see instructions. Form 706 (Rev. 8-2012)JSA1R8100 1.000

555-55-7654

Delaware County PA1922 07/18/1922 08/21/2012

Sampson

-

XOrphans Court of Delaware County, Pennsylvania 23-12-44312

X

8,563 86,798

1,419,023 1,323,662 95,361

0 86,798 20,103 0 20,103

5,120,000

0 0 0

0 0

0 0

0 1,772,800

0

0

0 5,120,000 1,772,800

Jessica

Edward Fleisherc/o Rosemont Trust Company10 Main Street

888-88-8882Rosemont, PA 19010

( ) -

73

Form 706 (Rev. 8-2012)Decedent's social security number

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).

11 Do you elect alternate valuation? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m22 Do you elect special-use valuation? If "Yes," you must complete and attach Schedule A-1 m m m m m m m m m m m m m m m m m m m m

3 Do you elect to pay the taxes in installments as described in section 6166?

If "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 deferred under section 6166 and interest in the form of a surety bond or a section 6324A lien.

m m m m m m m m m m m m m m m m m m m m m m m m m m m3

4 Do you elect to postpone the part of the taxes due to a reversionary or remainder interest as described in section 6163? 4m m m m mPart 4 - General InformationNote. Please attach the necessary supplemental documents. You must attach the death certificate. (See instructions)Authorization to receive confidential tax information under Reg. section 601.504(b)(2)(i); to act as the estate's representative before the IRS; and to make writtenor oral presentations on behalf of the estate:

Name of representative (print or type) State Address (number, street, and room or suite no., 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 state shown above.

Signature CAF number Date Telephone number

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

I2 Decedent's business or occupation. If retired, check here and state decedent's former business or occupation.

3a Marital status of the decedent at time of death:

Married Widow/widower Single Legally separated Divorced

3b For all prior marriages, list the name and SSN of the former spouse, the date the marriage ended, and whether the marriage ended by

annulment, divorce, or death. Attach additional statements of the same size if necessary.

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

Individuals (other than the surviving spouse), trusts, or other estates who receive benefits from the estate (do not include charitable beneficiaries5shown in Schedule O) (see instructions).

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

IAll unascertainable beneficiaries and those who receive less than $5,000 m m m m m m m m m m m m m m m m m m m m m m m m mTotal m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mIf 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?

If "Yes," complete and attach two copies of Schedule PC for each claim.6 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m7 Does the gross estate contain any section 2044 property (qualified terminable interest property (QTIP) from a prior gift or estate)?

(see instructions) m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m8a Have federal gift tax returns ever been filed?

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

b Period(s) covered c Internal Revenue office(s) where filed

9a Was there any insurance on the decedent's life that is not included on the return as part of the gross estate? m m m m m m m m m m m m mb Did the decedent own any insurance on the life of another that is not included in the gross estate? m m m m m m m m m m m m m m m m m

Page 2JSA1R8101 1.000

X

Jessica Sampson 555-55-7654

XX

X

James Doe, Esq. paBuck & Doe, LLC, 15 Main Street

X

999-44444444 215-555-1212

P2938457 Commonwealth of Penna. Department of HealthX

Architect

X

Edward Fleisher 888-88-8882

XX

XX

Rosemont, PA 19010

X

71,362

0 86,799

Nick Lackney 234-23-2345 Brother 86,799

74

Form 706 (Rev. 8-2012)

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 of theother joint tenants was someone other than the decedent's spouse, and (b) less than the full value of the property is included onthe return as part of the gross estate? If "Yes," you must complete and attach Schedule E

10 m m m m m m m m m m m m m m m m m m m m m m m m11a Did the decedent, at the time of death, own any interest in a partnership (for example, a family limited partnership), an

unincorporated business, or a limited liability company; or own any stock in an inactive or closely held corporation? m m m m m m m m m m mb If "Yes," was the value of any interest owned (from above) discounted on this estate tax return? If "Yes," see the instructions on

reporting the total accumulated or effective discounts taken on Schedule F or G m m m m m m m m m m m m m m m m m m m m m m m m m m m m12 Did the decedent make any transfer described in sections 2035, 2036, 2037, or 2038? (see instructions) If "Yes," you must

complete and attach Schedule G m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m13a Were there in existence at the time of the decedent's death any trusts created by the decedent during his or her lifetime? m m m m m m m m

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

c Was the decedent receiving income from a trust created after October 22, 1986, by a parent or grandparent?If "Yes," was there a GST taxable termination (under section 2612) on the death of the decedent?

m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m md If there was a GST taxable termination (under section 2612), attach a statement to explain. Provide a copy of the trust or will

creating the trust, and give the name, address, and phone number of the current trustee(s).

e Did the decedent at any time during his or her lifetime transfer or sell an interest in a partnership, limited liability company, or

closely held corporation to a trust described in lines 13a or 13b? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mIIf "Yes," provide the EIN for this transferred/sold item.

14 Did the decedent ever possess, exercise, or release any general power of appointment? If "Yes," you must complete and attach Schedule H m m m m m m m m mDid the decedent have an interest in or a signature or other authority over a financial account in a foreign country, such as a bankaccount, securities account, or other financial account?

15 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mWas the decedent, immediately before death, receiving an annuity described in the "General" paragraph of the instructions forSchedule I or a private annuity? If "Yes," you must complete and attach Schedule I

16 m m m m m m m m m m m m m m m m m m m m m m m m m m m17 Was the decedent ever the beneficiary of a trust for which a deduction was claimed by the estate of a predeceased spouse

under section 2056(b)(7) and which is not reported on this return? If "Yes," attach an explanation m m m m m m m m m m m m m m m m m m m mPart 5 - Recapitulation. Note. If estimating the value of one or more assets pursuant to the special rule of Reg. section 20.2010-2T(a)(7)(ii), enter on bothlines 10 and 23 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

123456789

12345678

Schedule A - Real Estate

Schedule B - Stocks and Bonds

Schedule C - Mortgages, Notes, and Cash

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

Schedule E - Jointly Owned Property (attach Form(s) 712 for life insurance)

Schedule F - Other Miscellaneous Property (attach Form(s) 712 for life insurance)

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

Schedule H - Powers of Appointment

m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m mm m m m mm mmmm m m m m m m m m m m m m m m m m m m mSchedule I - Annuities9 m m m m m m m m m m m m m m m m m m m m m m m m m m m

1011

Estimated 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)

101112

13

mm m m m m m m m m m m m m m m m m12 Schedule U - Qualified Conservation Easement Exclusion m m m m m m m m m m13 Total gross estate less exclusion (subtract item 12 from item 11). Enter here

and on line 1 of Part 2 - Tax Computation m m m m m m m m m m m m m m m m m mItem no. Deductions Amount

1415161718192021222324

141516171819202122

Schedule J - Funeral Expenses and Expenses Incurred in Administering Property Subject to Claims

Schedule K - Debts of the Decedent

Schedule K - Mortgages and Liens

Total of items 14 through 16

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

Schedule L - Net Losses During Administration

Schedule L - Expenses Incurred in Administering Property Not Subject to Claims

Schedule M - Bequests, etc., to Surviving Spouse

m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m mSchedule O - Charitable, Public, and Similar Gifts and Bequests m m m m m m m m m m m m m m m m m m m m m m mEstimated value of deductible assets subject to the special rule of Reg. section 20.2010-2T(a)(7)(ii)23 m m m m m m

24 Tentative total allowable deductions (add items 18 through 23). Enter here and on line 2 of the Tax ComputationJSA1R8102 1.000 Page 3

Jessica Sampson 555-55-7654

X

X

XX

X

X

X

X

X

X

X

X

0 0 145,023 24,000 0 0 0 0 0

1,419,023 0

1,419,023

2,300 0 0 2,300 2,300 0 0 71,362 0

1,323,662

0 1,250,000

1,250,000

75

Form 706 (Rev. 8-2012)

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 and timely-filingthis return. No further action is required to elect portability of the DSUE amount to allow the surviving spouse to use the decedent's DSUE 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 no 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)? m m m m m m m m m m m m m m m m m m m m m m m m m m m mIf "Yes," the DSUE amount portable to a surviving spouse (calculated in Section C, below) is preliminary and shall be redetermined at the time of 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 a portabilityelection.)

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 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m22 Enter amount from line 7, Part 2 - Tax Computation m m m m m m m m m m m m m m m m m m m m m m m m m m m m m33 Divide amount on line 2 by 35% (0.35). (do not enter less than zero) m m m m m m m m m m m m m m m m m m m m m44 Add lines 1 and 3 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m55 Enter the amount from line 5, Part 2 - Tax Computation m m m m m m m m m m m m m m m m m m m m m m m m m m m66 Subtract line 5 from line 4 (do not enter less than zero) m m m m m m m m m m m m m m m m m m m m m m m m m m m m77 DSUE amount portable to the surviving spouse (Enter the lesser of line 6 or line 9a, Part 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.

E GRemaining DSUE

Amount, if any(subtract col. E

from col. D)

FAName of Deceased Spouse

(dates of death afterDecember 31, 2010, only)

C DB

Date of DeathDSUE Amount

Applied byDecedent toLifetime Gifts

Year of Form 709Reporting Use of DSUEAmount Listed in col E

PortabilityElectionMade?

If "Yes," DSUEAmount Received

from Spouse(enter as mm/dd/yy)(enter as mm/dd/yy)

NoYes

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) m m m m m m m m m m mAdd 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 Im m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

JSA Page 41R8125 1.000

Jessica Sampson 555-55-7654

X

5,120,000

86,798 5,033,202

0 0 5,120,000

5,033,202

0

76

Estate of: Jessica Sampson 555-55-7654

Form 706 Page 4, Part 6, Section D, DSUE Amount Received from Predeceased Spouse(s)

C E B Portability D DSUE AMount F G A Date Election DSUE Amount Applied to Year of Form Remaining Name of Deceased Spouse of Death Made? Received Lifetime Gifts 709 Reporting DSUE Amount ---------------------------------------------------------------------------------------------------------------------------------------- Yes|No

Part 1 - DSUE Received from Last Deceased Spouse None

Part 2 - DSUE Received from Other Predeceased Spouse(s) and Used by Decedent None

Total (for all DSUE amounts applied) 0

Add amount from Part 1, Column D and Total of Part 2, Column E 0

77

Form 706 (Rev. 8-2012)

Decedent's social security numberEstate of:

SCHEDULE D - Insurance on the Decedent's LifeYou must list all policies on the life of the decedent and attach a Form 712 for each policy.

Note. If the value of the gross estate, together with the amount of adjusted taxable gifts, is less than the basic exclusion amount and theForm 706 is being filed solely to elect portability of the DSUE amount, consideration should be given as to whether you are required toreport the value of assets eligible for the marital or charitable deduction on this schedule. See the instructions and Reg. section20.2010-2T(a)(7)(ii) for more information. If you are not required to report the value of an asset, identify the property but make no entriesin the last three columns.

Item

number

Alternate

valuation date

Value at

date of deathDescription Alternate value

Total from continuation schedules (or additional statements) attached to this scheduleTOTAL. (Also enter on Part 5 - Recapitulation, page 3, at item 4.)

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

Schedule D - Page 12JSA

1R8110 1.000

Jessica Sampson 555-55-7654

24,000

1 Aetna Life Insurance Company Whole Life Policy #4555Beneficiary: Nick Lackney (brother) 24,000

0

78

Form 706 (Rev. 8-2012)

Decedent's social security number

Estate of:SCHEDULE E - Jointly Owned Property

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

PART 1. Qualified Joint Interests - Interests Held by the Decedent and His or Her Spouse as the Only JointTenants (Section 2040(b)(2))

Note. If the value of the gross estate, together with the amount of adjusted taxable gifts, is less than the basic exclusion amount and theForm 706 is being filed solely to elect portability of the DSUE amount, consideration should be given as to whether you are required toreport the value of assets eligible for the marital or charitable deduction on this schedule. See the instructions and Reg. section20.2010-2T(a)(7)(ii) for more information. If you are not required to report the value of an asset, identify the property but make no entriesin the last three columns.

Itemnumber

Alternate valuationdate Alternate value Value at

date of deathDescription. For securities, give CUSIP number. If trust, partnership, or closely held entity,

give EIN.

CUSIP number orEIN, whereapplicable

m m m m mTotal from continuation schedules (or additional statements) attached to this schedule1a1b

1a1b

Totals m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mAmounts included in gross estate (one-half of line 1a) m m m m m m m m m m m m m m m m m m m m m

All Other Joint InterestsPART 2.2a State the name and address of each surviving co-tenant. If there are more than three surviving co-tenants, list the additional co-

tenants on an attached statement.

Name Address (number and street, city, state, and ZIP code)

A.

B.

C.Item

number

Enterletter forco-tenant

Percentage includible Includible alternatevalue

Includible value atdate of death

Description (including alternate valuation date if any). For securities, give CUSIPnumber. If trust, partnership, or closely held entity, give EIN

CUSIP number orEIN, whereapplicable

Total from continuation schedules (or additional statements) attached to this schedule m m m m m2b2b Total other joint interests m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

3 Total includible joint interests (add lines 1b and 2b). Also enter on Part 5 - Recapitulation,page 3, at item 5 3m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

(If more space is needed, attach the continuation schedule from the end of this package or additional statements of the same size.)JSA Schedule E - Page 131R8111 1.000

Jessica Sampson 555-55-7654

0

0 0

0

1 House and lot located at 23 Lowry's Lane, Rosemont, PA 0

2 Personal property located at 23 Lowry's Lane, Rosemont, Pennsylvania 19010 0

0

None

0

79

Form 706 (Rev. 8-2012)

Decedent's social security number

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 theForm 706 is being filed solely to elect portability of the DSUE amount, consideration should be given as to whether you are required toreport the value of assets eligible for the marital or charitable deduction on this schedule. See the instructions and Reg. section20.2010-2T(a)(7)(ii) for more information. If you are not required to report the value of an asset, identify the property but make no entriesin the last three columns.

Yes No1 Did the decedent own any works of art, items, or any collections whose artistic or collectible value at date of deathexceeded $3,000? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mIf "Yes," submit full details on this schedule and attach appraisals.

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

3 Did the decedent at the time of death have, or have access to, a safe deposit box? m m m m m m m m m m m m m m m m m m m m mIf "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.

Itemnumber

Alternate valuationdate Alternate value Value at

date of deathDescription. For securities, give CUSIP number. If trust, partnership, or closely held

entity, give EIN

CUSIP number orEIN, whereapplicable

Total from continuation schedules (or additional statements) attached to this scheduleTOTAL. (Also enter on Part 5 - Recapitulation, page 3, at item 6.)

m m m mm m m m m m m m m m m m m m m m(If more space is needed, attach the continuation schedule from the end of this package or additional statements of the same size.)JSA Schedule F - Page 141R8112 1.000

Jessica Sampson 555-55-7654

X

X

X

0

1 Jewelry 0(These items pass to the surviving spouse under Article II of Decedent's Will)

2 Record Collection 0(This passes to the surviving spouse under Article II of the Decedent's Will)

0

80

Form 706 (Rev. 8-2012)

Decedent's social security number

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 706is 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 assetseligible for the marital or charitable deduction on this schedule. See the instructions and Reg. section 20.2010-2T(a)(7)(ii) for more information. If youare not required to report the value of an asset, identify the property but make no entries in the last three columns.

Alternate Value atdate of death

Item Description. For securities, give CUSIP number. If trust,partnership, or closely held entity, give EIN Alternate valuevaluation datenumber

A. Gift tax paid or payable by the decedent or the estate for all giftsmade by the decedent or his or her spouse within 3 years before the

X X X X Xdecedent's death (section 2035(b)) m m m m m m m m m m m m m m m m m m m m mB. Transfers includible under sections 2035(a), 2036, 2037, or 2038:

Total from continuation schedules (or additional statements) attached to this schedule m m m m mTOTAL. (Also enter on Part 5 - Recapitulation, page 3, at item 7.) m m m m m m m m m m m m m m m m m

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.)

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 706is 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 assetseligible for the marital or charitable deduction on this schedule. See the instructions and Reg. section 20.2010-2T(a)(7)(ii) for more information. If youare not required to report the value of an asset, identify the property but make no entries in the last three columns.

Item Alternate valuationdate

Value atdate of death

Alternate valueDescriptionnumber

Total from continuation schedules (or additional statements) attached to this schedule m m m m m m mTOTAL. (Also enter on Part 5 - Recapitulation, page 3, at item 8.) m m m m m m m m m m m m m m m m m m m

(If more space is needed, attach the continuation schedule from the end of this package or additional statements of the same size.)JSA Schedules G and H - Page 151R8113 1.000

Jessica Sampson 555-55-7654

0

0

0

1 Decedent created the Jessica Sampson Charitable Remainder Unitrust dated 1/1/1974. Decedent received the unitrust payments during her lifetime. The trust now terminates to the University of Pennsylvania Museum. 0

0

None

0

81

Form 706 (Rev. 8-2012)

Decedent's social security number

Estate of:SCHEDULE J - Funeral Expenses and Expenses Incurred in Administering Property Subject to ClaimsI 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 notallowable as a deduction in computing the taxable income of the estate for federal income tax purposes. They are allowable as anincome tax deduction on Form 1041, U.S. Income Tax Return for Estates and Trusts, if a waiver is filed to forgo the deduction onForm 706 (see Instructions for Form 1041).

Are you aware of any actual or potential reimbursement to the estate of any expense claimed as a deduction on thisschedule?If "Yes," attach a statement describing the expense(s) subject to potential reimbursement. (see instructions)

Yes Nom m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mItem

numberDescription Expense amount Total amount

A. Funeral expenses:

ITotal funeral expenses m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mB. Administration expenses:

1 Executors' commissions - amount estimated/agreed upon/paid. (Strike out the words that do not apply.) m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

2 Attorney fees - amount estimated/agreed upon/paid. (Strike out the words that do not apply.) m m m m m3 Accountant fees - amount estimated/agreed upon/paid. (Strike out the words that do not apply.) m m m m

Expense amount4 Miscellaneous expenses:

Total miscellaneous expenses from continuation schedules (or additional statements)attached to this schedule m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m IITotal miscellaneous expenses m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

TOTAL. (Also enter on Part 5 Recapitulation, page 3, at item 14.) m m m m m m m m m m m m m m m m m m m m m m m m(If more space is needed, attach the continuation schedule from the end of this package or additional statements of the same size.)

Schedule J - Page 17JSA

1R8115 1.000

Jessica Sampson 555-55-7654

2,300

2,300

0 0 0

0

1 Harrisburg Crematory Services 2,300

0Total from continuation schedules . . . . . . . . .

None

0

82

Form 706 (Rev. 8-2012)

Decedent's social security numberEstate of:

SCHEDULE M - Bequests, etc., to Surviving SpouseNote. If the value of the gross estate, together with the amount of adjusted taxable gifts, is less than the basic exclusion amount and theForm 706 is being filed solely to elect portability of the DSUE amount, consideration should be given as to whether you are required toreport the value of assets eligible for the marital or charitable deduction on this schedule. 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 no entry in the lastcolumn.

Yes No1 Did any property pass to the surviving spouse as a result of a qualified disclaimer? 1

2c

3

m m m m m m m m m m m m m m m m m m mIf "Yes," attach a copy of the written disclaimer required by section 2518(b).

2 a In what country was the surviving spouse born?b What is the surviving spouse's date of birth?c Is the surviving spouse a U.S. citizen? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m md If the surviving spouse is a naturalized citizen, when did the surviving spouse acquire citizenship?e If the surviving spouse is not a U.S. citizen, of what country is the surviving spouse a citizen?

3 Election Out of QTIP Treatment of Annuities. Do you elect under section 2056(b)(7)(C)(ii) not to treat as qualifiedterminable interest property any joint and survivor annuities that are included in the gross estate and wouldotherwise be treated as qualified terminable interest property under section 2056(b)(7)(C)? (see instructions) m m m m

Description of property interests passing to surviving spouse.Itemnumber Amount

For securities, give CUSIP number. If trust, partnership, or closely held entity, give EIN

QTIP property:

All other property:

Total from continuation schedules (or additional statements) attached to this schedule m m m m m m m m m m m m m m4 Total amount of property interests listed on Schedule M 4m m m m m m m m m m m m m m m m m m m m m m m m m m m5 a Federal estate taxes payable out of property interests listed on Schedule M 5am m m m m m

b Other death taxes payable out of property interests listed on Schedule M 5bm m m m m m m mc Federal and state GST taxes payable out of property interests listed on Schedule M 5c

5dd Add items 5a, 5b, and 5c m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m6 Net amount of property interests listed on Schedule M (subtract 5d from 4). Also enter on Part 5 -

Recapitulation, page 3, at item 21 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m 6(If more space is needed, attach the continuation schedule from the end of this package or additional statements of the same size.)

Schedule M - Page 20JSA

1R8118 1.000

555-55-7654Jessica Sampson

X

USA01/01/1921

X

71,362

71,362 0 0 0

0

None

2A One Half of Residue 71,362

2B 50% of House and lot located at 23 Lowry's Lane, Rosemont, PA 0

2C 50% of Personal property located at 23 Lowry's Lane, Rosemont, Pennsylvania 19010 0

2D 100% of Jewelry 0

2E 100% of Record Collection 0

83

Form 706 (Rev. 8-2012)Decedent's social security number

Estate of:

SCHEDULE O - Charitable, Public, and Similar Gifts and BequestsNote. If the value of the gross estate, together with the amount of adjusted taxable gifts, is less than the basic exclusion amount and theForm 706 is being filed solely to elect portability of the DSUE amount, consideration should be given as to whether you are required toreport the value of assets eligible for the marital or charitable deduction on this schedule. 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 no entry in the lastcolumn.

Yes No1a If the transfer was made by will, has any action been instituted to contest or have interpreted any of its provisions

affecting the charitable deductions claimed in this schedule? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mIf "Yes," full details must be submitted with this schedule.

b According to the information and belief of the person or persons filing this return, is any such action planned? m m m m mIf "Yes," full details must be submitted with this schedule.

Did any property pass to charity as the result of a qualified disclaimer?2 m m m m m m m m m m m m m m m m m m m m m m m m m m mIf "Yes," attach a copy of the written disclaimer required by section 2518(b).

ItemName and address of beneficiary AmountCharacter of institution

number

Total from continuation schedules (or additional statements) attached to this schedule m m m m m m m m m m m m m m m m m3 Total 3m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m4a Federal estate tax payable out of property interests listed above 4am m m m m m m m m m

b Other death taxes payable out of property interests listed above 4bm m m m m m m m m mc Federal and state GST taxes payable out of property interests listed above 4cm m m m md Add items 4a, 4b, and 4c 4dm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

5 Net value of property interests listed above (subtract 4d from 3). Also enter on Part 5 - Recapitulation,page 3, at item 22 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m 5

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

Schedule O - Page 21

JSA1R8119 1.000

Jessica Sampson 555-55-7654

X

X

X

0

0

0

0

0

0

1 University of Pennsylvania Museum100% of Decedent created the Jessica Sampson Charitable Remainder Unitrust dated 1/1/1974. Decedent received the unitrust payments during her lifetime. The trust now terminates to the University of Pennsylvania Museum. Educational 0

0

84

Table of Estimated Values from page 16 of 2012 Form 706 Instructions

Under the special rule of §20.2010-2T(a)(7)(ii), the Executor can estimate the value of assets

eligible for the marital or charitable deduction if filing a 706 for portability purposes only.

The assets are listed on the appropriate Schedule without a value, and then totaled using the chart

below to be added to the Recapitulation lines on Page 3, Part 5, lines 10 and 23.

If the total

estimated

value of the

assets

eligible for

the special

rule under

Reg. section

20.2010–

2T(a)(7)(ii) is

more than

But less

than or

equal to

Include this

amount on

lines 10 and

23:

$0 $250,000 $250,000

$250,000 $500,000 $500,000

$500,000 $750,000 $750,000

$750,000 $1,000,000 $1,000,000

$1,000,000 $1,250,000 $1,250,000

$1,250,000 $1,500,000 $1,500,000

$1,500,000 $1,750,000 $1,750,000

$1,750,000 $2,000,000 $2,000,000

$2,000,000 $2,250,000 $2,250,000

$2,250,000 $2,500,000 $2,500,000

$2,500,000 $2,750,000 $2,750,000

$2,750,000 $3,000,000 $3,000,000

$3,000,000 $3,250,000 $3,250,000

$3,250,000 $3,500,000 $3,500,000

$3,500,000 $3,750,000 $3,750,000

$3,750,000 $4,000,000 $4,000,000

$4,000,000 $4,250,000 $4,250,000

$4,250,000 $4,500,000 $4,500,000

$4,500,000 $4,750,000 $4,750,000

$4,750,000 $5,000,000 $5,000,000

$5,000,000 $5,120,000 $5,120,000

85

PRIOR YEAR FORM

PRIOR YEAR FORM

PRIOR YEAR FORM

United States Estate (and Generation-Skipping706Form

(Rev. August 2012) Transfer) Tax ReturnOMB No. 1545-0015

Department of the TreasuryInternal Revenue Service I Estate of a citizen or resident of the United States (see instructions). To be filed for

decedents dying after December 31, 2011, and before January 1, 2013.Information about Form 706 and its separate instructions is at www.irs.gov/form706.I

1a

3a

6a

6c

7a

Decedent's first name and middle initial (and maiden name, if any) 1b Decedent's last name 2 Decedent's social security no.

County, state, and ZIP or foreign country and postal code, of legalresidence (domicile) at time of death

3b Year domicile established 4 Date of birth 5 Date of death

6b Executor's address (number and street including apartment or suite no.; city, town,or post office; state; country; and ZIP or postal code) and phone no.

Name of executor (see instructions)

Executor's social security number (see instructions)

Phone no.

6d If there are multiple executors, check here and attach a list showing the names, addresses, telephone numbers, and SSNs of the additional executors.

Name and location of court where will was probated or estate administered 7b Case number

Par

t 1 -

Dec

eden

t and

Exe

cuto

r

I I810

If decedent died testate, check here and attach a certified copy of the will. 9 If you extended the time to file this Form 706, check hereI IIf Schedule R-1 is attached, check here If you are estimating the value of assets included in the gross estate on line 1 pursuant to the special rule of Reg. section 20.2010-2T(a) (7)(ii), check here11

123

4567899

99

10

11121314151617181920

Total gross estate less exclusion (from Part 5 - Recapitulation, item 13)

Tentative total allowable deductions (from Part 5 - Recapitulation, item 24)

Tentative taxable estate (subtract line 2 from line 1)

State death tax deduction

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

12

3a3b3c45678

1112

151617181920

m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m mabc

m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m mAdjusted taxable gifts (see instructions) m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mAdd lines 3c and 4

Tentative tax on the amount on line 5 from Table A in the instructionsm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m

Total gift tax paid or payable (see instructions)

Gross estate tax (subtract line 7 from line 6)m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

ab

cd

Basic exclusion amount

Deceased spousal unused exclusion (DSUE) amount from predeceased spouse(s), if

any (from Section D, Part 6-Portability of Deceased Spousal Unused Exclusion)

9a

9b9c9d

10

1314

m m m m m m m m m m m m m m m m m m m m m mm m m m m mApplicable exclusion amount (add lines 9a and 9b)

Applicable credit amount (tentative tax on the amount in 9c from Table A in the instructions)

Adjustment to applicable credit amount (May not exceed $6,000.

See instructions.)

Allowable applicable credit amount (subtract line 10 from line 9d)

Subtract line 11 from line 8 (but do not enter less than zero)

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

Credit for tax on prior transfers (from Schedule Q)

Total credits (add lines 13 and 14)

Net estate tax (subtract line 15 from line 12)

Generation-skipping transfer (GST) taxes payable (from Schedule R, Part 2, line 10)

Total transfer taxes (add lines 16 and 17)

Prior payments (explain in an attached statement)

Balance due (or overpayment) (subtract line 19 from line 18)

m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m

Par

t 2 -

Tax

Com

puta

tion

m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m mm m mm m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m mUnder penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledgeand belief, it is true, correct, and complete. Declaration of preparer other than the executor is based on all information of which preparer has anyknowledge.

SignHere

M MSignature of executor DateM MSignature of executor Date

Date PTINPrint/Type preparer's name Preparer's signatureCheck if

self-employedPaidPreparerUse Only Firm's EIN

Phone no.I IFirm's name IFirm's address

For Privacy Act and Paperwork Reduction Act Notice, see instructions. Form 706 (Rev. 8-2012)JSA1R8100 1.000

888-88-8882

Delaware County PA02/02/2013

Fleisher

19010-

XOrphans Court of Delaware County, Pennsylvania 23-13-0002

763,065 16,193,935

17,000,000 43,000 16,957,000

2,000,000 18,193,935 7,223,374 0 7,223,374

5,250,000

2,364,293 0 826,027

826,027 1,538,266

1,538,266 0

0 4,859,081

0

1,538,266

7,033,202 12,283,202 4,859,081

Edward

Bubbles Barton25 Bethlehem Pike

333-66-3336Allentown, PA 18103

( ) -

86

PRIOR YEAR FORM

PRIOR YEAR FORM

PRIOR YEAR FORM

Form 706 (Rev. 8-2012)Decedent's social security number

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).

11 Do you elect alternate valuation? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m22 Do you elect special-use valuation? If "Yes," you must complete and attach Schedule A-1 m m m m m m m m m m m m m m m m m m m m

3 Do you elect to pay the taxes in installments as described in section 6166?

If "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 deferred under section 6166 and interest in the form of a surety bond or a section 6324A lien.

m m m m m m m m m m m m m m m m m m m m m m m m m m m3

4 Do you elect to postpone the part of the taxes due to a reversionary or remainder interest as described in section 6163? 4m m m m mPart 4 - General InformationNote. Please attach the necessary supplemental documents. You must attach the death certificate. (See instructions)Authorization to receive confidential tax information under Reg. section 601.504(b)(2)(i); to act as the estate's representative before the IRS; and to make writtenor oral presentations on behalf of the estate:

Name of representative (print or type) State Address (number, street, and room or suite no., 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 state shown above.

Signature CAF number Date Telephone number

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

I2 Decedent's business or occupation. If retired, check here and state decedent's former business or occupation.

3a Marital status of the decedent at time of death:

Married Widow/widower Single Legally separated Divorced

3b For all prior marriages, list the name and SSN of the former spouse, the date the marriage ended, and whether the marriage ended by

annulment, divorce, or death. Attach additional statements of the same size if necessary.

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

Individuals (other than the surviving spouse), trusts, or other estates who receive benefits from the estate (do not include charitable beneficiaries5shown in Schedule O) (see instructions).

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

IAll unascertainable beneficiaries and those who receive less than $5,000 m m m m m m m m m m m m m m m m m m m m m m m m mTotal m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mIf 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?

If "Yes," complete and attach two copies of Schedule PC for each claim.6 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m7 Does the gross estate contain any section 2044 property (qualified terminable interest property (QTIP) from a prior gift or estate)?

(see instructions) m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m8a Have federal gift tax returns ever been filed?

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

b Period(s) covered c Internal Revenue office(s) where filed

9a Was there any insurance on the decedent's life that is not included on the return as part of the gross estate? m m m m m m m m m m m m mb Did the decedent own any insurance on the life of another that is not included in the gross estate? m m m m m m m m m m m m m m m m m

Page 2JSA1R8101 1.000

X

Edward Fleisher 888-88-8882

XX

X

James Doe, Esq. PABuck & Doe, LLC, 15 Main Street

X

999-44444444 215-555-1212

P23945678 Commonwealth of Penna. Department of HealthX

Professional Bridge Player

X

Beth R. Tyler SSN: 999-99-9991 marriage ended by death on 01/05/2012

None

XX

See AttachedSee AttachedXX

Rosemont, PA 19010

Jessica Sampson SSN: 555-55-7654 marriage ended by death on 8/21/2012

X

0

0 14,655,669

Bubbles Barton 333-66-3336 Daughter 14,655,669

87

Estate of: Edward Fleisher 888-88-8882

Page 2, Part 4 – General Information, lines 8b and 8c

2012 Cincinnati, OH

88

PRIOR YEAR FORM

PRIOR YEAR FORM

PRIOR YEAR FORM

Form 706 (Rev. 8-2012)

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 of theother joint tenants was someone other than the decedent's spouse, and (b) less than the full value of the property is included onthe return as part of the gross estate? If "Yes," you must complete and attach Schedule E

10 m m m m m m m m m m m m m m m m m m m m m m m m11a Did the decedent, at the time of death, own any interest in a partnership (for example, a family limited partnership), an

unincorporated business, or a limited liability company; or own any stock in an inactive or closely held corporation? m m m m m m m m m m mb If "Yes," was the value of any interest owned (from above) discounted on this estate tax return? If "Yes," see the instructions on

reporting the total accumulated or effective discounts taken on Schedule F or G m m m m m m m m m m m m m m m m m m m m m m m m m m m m12 Did the decedent make any transfer described in sections 2035, 2036, 2037, or 2038? (see instructions) If "Yes," you must

complete and attach Schedule G m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m13a Were there in existence at the time of the decedent's death any trusts created by the decedent during his or her lifetime? m m m m m m m m

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

c Was the decedent receiving income from a trust created after October 22, 1986, by a parent or grandparent?If "Yes," was there a GST taxable termination (under section 2612) on the death of the decedent?

m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m md If there was a GST taxable termination (under section 2612), attach a statement to explain. Provide a copy of the trust or will

creating the trust, and give the name, address, and phone number of the current trustee(s).

e Did the decedent at any time during his or her lifetime transfer or sell an interest in a partnership, limited liability company, or

closely held corporation to a trust described in lines 13a or 13b? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mIIf "Yes," provide the EIN for this transferred/sold item.

14 Did the decedent ever possess, exercise, or release any general power of appointment? If "Yes," you must complete and attach Schedule H m m m m m m m m mDid the decedent have an interest in or a signature or other authority over a financial account in a foreign country, such as a bankaccount, securities account, or other financial account?

15 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mWas the decedent, immediately before death, receiving an annuity described in the "General" paragraph of the instructions forSchedule I or a private annuity? If "Yes," you must complete and attach Schedule I

16 m m m m m m m m m m m m m m m m m m m m m m m m m m m17 Was the decedent ever the beneficiary of a trust for which a deduction was claimed by the estate of a predeceased spouse

under section 2056(b)(7) and which is not reported on this return? If "Yes," attach an explanation m m m m m m m m m m m m m m m m m m m mPart 5 - Recapitulation. Note. If estimating the value of one or more assets pursuant to the special rule of Reg. section 20.2010-2T(a)(7)(ii), enter on bothlines 10 and 23 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

123456789

12345678

Schedule A - Real Estate

Schedule B - Stocks and Bonds

Schedule C - Mortgages, Notes, and Cash

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

Schedule E - Jointly Owned Property (attach Form(s) 712 for life insurance)

Schedule F - Other Miscellaneous Property (attach Form(s) 712 for life insurance)

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

Schedule H - Powers of Appointment

m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m mm m m m mm mmmm m m m m m m m m m m m m m m m m m m mSchedule I - Annuities9 m m m m m m m m m m m m m m m m m m m m m m m m m m m

1011

Estimated 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)

101112

13

mm m m m m m m m m m m m m m m m m12 Schedule U - Qualified Conservation Easement Exclusion m m m m m m m m m m13 Total gross estate less exclusion (subtract item 12 from item 11). Enter here

and on line 1 of Part 2 - Tax Computation m m m m m m m m m m m m m m m m m mItem no. Deductions Amount

1415161718192021222324

141516171819202122

Schedule J - Funeral Expenses and Expenses Incurred in Administering Property Subject to Claims

Schedule K - Debts of the Decedent

Schedule K - Mortgages and Liens

Total of items 14 through 16

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

Schedule L - Net Losses During Administration

Schedule L - Expenses Incurred in Administering Property Not Subject to Claims

Schedule M - Bequests, etc., to Surviving Spouse

m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m mSchedule O - Charitable, Public, and Similar Gifts and Bequests m m m m m m m m m m m m m m m m m m m m m m mEstimated value of deductible assets subject to the special rule of Reg. section 20.2010-2T(a)(7)(ii)23 m m m m m m

24 Tentative total allowable deductions (add items 18 through 23). Enter here and on line 2 of the Tax ComputationJSA1R8102 1.000 Page 3

Edward Fleisher 888-88-8882

X

X

XX

X

X

X

X

X

X

X

0 0 17,000,000 0 0 0 0 0 0

17,000,000 0

17,000,000

43,000 0 0 43,000 43,000 0 0 0 0

43,000

89

PRIOR YEAR FORM

PRIOR YEAR FORM

PRIOR YEAR FORM

Form 706 (Rev. 8-2012)

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 and timely-filingthis return. No further action is required to elect portability of the DSUE amount to allow the surviving spouse to use the decedent's DSUE 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 no 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)? m m m m m m m m m m m m m m m m m m m m m m m m m m m mIf "Yes," the DSUE amount portable to a surviving spouse (calculated in Section C, below) is preliminary and shall be redetermined at the time of 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 a portabilityelection.)

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 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m22 Enter amount from line 7, Part 2 - Tax Computation m m m m m m m m m m m m m m m m m m m m m m m m m m m m m33 Divide amount on line 2 by 35% (0.35). (do not enter less than zero) m m m m m m m m m m m m m m m m m m m m m44 Add lines 1 and 3 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m55 Enter the amount from line 5, Part 2 - Tax Computation m m m m m m m m m m m m m m m m m m m m m m m m m m m66 Subtract line 5 from line 4 (do not enter less than zero) m m m m m m m m m m m m m m m m m m m m m m m m m m m m77 DSUE amount portable to the surviving spouse (Enter the lesser of line 6 or line 9a, Part 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.

E GRemaining DSUE

Amount, if any(subtract col. E

from col. D)

FAName of Deceased Spouse

(dates of death afterDecember 31, 2010, only)

C DB

Date of DeathDSUE Amount

Applied byDecedent toLifetime Gifts

Year of Form 709Reporting Use of DSUEAmount Listed in col E

PortabilityElectionMade?

If "Yes," DSUEAmount Received

from Spouse(enter as mm/dd/yy)(enter as mm/dd/yy)

NoYes

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) m m m m m m m m m m mAdd 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 Im m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

JSA Page 41R8125 1.000

Edward Fleisher 888-88-8882

X

7,033,202

See attached

See attached

90

Estate of: Edward Fleisher 888-88-8882

Form 706 Page 4, Part 6, Section D, DSUE Amount Received from Predeceased Spouse(s)

C E B Portability D DSUE AMount F G A Date Election DSUE Amount Applied to Year of Form Remaining Name of Deceased Spouse of Death Made? Received Lifetime Gifts 709 Reporting DSUE Amount ---------------------------------------------------------------------------------------------------------------------------------------- Yes|No

Part 1 - DSUE Received from Last Deceased Spouse JESSICA SAMPSON 08/21/2012 X 5,033,202 0 2012 5,033,202

Part 2 - DSUE Received from Other Predeceased Spouse(s) and Used by Decedent BETH R TYLER 01/05/2012 X 2,659,148 2,000,000 2012

Total (for all DSUE amounts applied) 2,000,000

Add amount from Part 1, Column D and Total of Part 2, Column E 7,033,202

91

PRIOR YEAR FORM

PRIOR YEAR FORM

PRIOR YEAR FORM

Form 706 (Rev. 8-2012)

Decedent's social security number

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 theForm 706 is being filed solely to elect portability of the DSUE amount, consideration should be given as to whether you are required toreport the value of assets eligible for the marital or charitable deduction on this schedule. See the instructions and Reg. section20.2010-2T(a)(7)(ii) for more information. If you are not required to report the value of an asset, identify the property but make no entriesin the last three columns.

Value at

date of death

Item

number

Alternate

valuation dateDescription Alternate value

Total from continuation schedules (or additional statements) attached to this scheduleTOTAL. (Also enter on Part 5 - Recapitulation, page 3, at item 3.)

m m m m mm m m m m m m m m m m m m m m m m(If more space is needed, attach the continuation schedule from the end of this package or additional statements of the same size.)JSA Schedule C - Page 111R8109 1.000

Edward Fleisher 888-88-8882

17,000,000

1 Cash under mattress 17,000,000

0

92

PRIOR YEAR FORM

PRIOR YEAR FORM

PRIOR YEAR FORM

Form 706 (Rev. 8-2012)

Decedent's social security number

Estate of:SCHEDULE J - Funeral Expenses and Expenses Incurred in Administering Property Subject to ClaimsI 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 notallowable as a deduction in computing the taxable income of the estate for federal income tax purposes. They are allowable as anincome tax deduction on Form 1041, U.S. Income Tax Return for Estates and Trusts, if a waiver is filed to forgo the deduction onForm 706 (see Instructions for Form 1041).

Are you aware of any actual or potential reimbursement to the estate of any expense claimed as a deduction on thisschedule?If "Yes," attach a statement describing the expense(s) subject to potential reimbursement. (see instructions)

Yes Nom m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mItem

numberDescription Expense amount Total amount

A. Funeral expenses:

ITotal funeral expenses m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mB. Administration expenses:

1 Executors' commissions - amount estimated/agreed upon/paid. (Strike out the words that do not apply.) m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

2 Attorney fees - amount estimated/agreed upon/paid. (Strike out the words that do not apply.) m m m m m3 Accountant fees - amount estimated/agreed upon/paid. (Strike out the words that do not apply.) m m m m

Expense amount4 Miscellaneous expenses:

Total miscellaneous expenses from continuation schedules (or additional statements)attached to this schedule m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m IITotal miscellaneous expenses m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

TOTAL. (Also enter on Part 5 Recapitulation, page 3, at item 14.) m m m m m m m m m m m m m m m m m m m m m m m m(If more space is needed, attach the continuation schedule from the end of this package or additional statements of the same size.)

Schedule J - Page 17JSA

1R8115 1.000

Edward Fleisher 888-88-8882

X

43,000

3,000

0 40,000 0

0

1 Stretch Funeral Home 3,000

0Total from continuation schedules . . . . . . . . .

None

0

93

PRIOR YEAR FORM

PRIOR YEAR FORM

PRIOR YEAR FORM

Form 706 (Rev. 8-2012)Decedent's social security number

Estate of:

SCHEDULE P - Credit for Foreign Death TaxesList all foreign countries to which death taxes have been paid and for which a credit is claimed on this return.

If a credit is claimed for death taxes paid to more than one foreign country, compute the credit for taxes paid to one country onthis sheet and attach a separate copy of Schedule P for each of the other countries.

The credit computed on this sheet is for the(Name of death tax or taxes)

imposed in(Name of country)

Credit is computed under the(Insert title of treaty or statute)

Citizenship (nationality) of decedent at time of death

(All amounts and values must be entered in United States money.)1 Total of estate, inheritance, legacy, and succession taxes imposed in the country named above attributable to

property situated in that country, subjected to these taxes, and included in the gross estate (as defined by statute) 1m m m m m m2 Value of the gross estate (adjusted, if necessary, according to the instructions) 2m m m m m m m m m m m m m m m m m m m m m m m3 Value of property situated in that country, subjected to death taxes imposed in that country, and included in the

gross estate (adjusted, if necessary, according to the instructions) 3m m m m m m m m m m m m m m m m m m m m m m m m m m m m m4 Tax imposed by section 2001 reduced by the total credits claimed under sections 2010 and 2012 (see instructions) 4m m m m m5 Amount of federal estate tax attributable to property specified at item 3. (Divide item 3 by item 2 and multiply the

result by item 4.) 5m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mCredit for death taxes imposed in the country named above (the smaller of item 1 or item 5). Also enter on line 13 of

Part 2 - Tax Computation

66m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

SCHEDULE Q - Credit for Tax on Prior Transfers

Part 1. Transferor InformationIRS office where estate

Name of transferor Social security number Date of deathtax return was filed

A

B

C ICheck here if section 2013(f) (special valuation of farm, etc., real property) adjustments to the computation of the credit were made (seeinstructions).

Part 2. Computation of Credit (see instructions)

Transferor TotalItem A, B, & CA B C

1 Transferee's tax as apportioned (from worksheet,((line 7 line 8) x line 35 for each column) m m m m2 Transferor's tax (from each column of worksheet,

line 20) m m m m m m m m m m m m m m m m m m m m m3 Maximum amount before percentage requirement

(for each column, enter amount from line 1 or 2,

whichever is smaller) m m m m m m m m m m m m m m m4 Percentage allowed (each column) (see instructions) % % %

Credit allowable (line 3 x line 4 for each column)56 TOTAL credit allowable (add columns A, B, and C of

line 5). Enter here and on line 14 of Part 2 - Tax

Computation m m m m m m m m m m m m m m m m m m mJSA Schedules P and Q - Page 221R8120 1.000

Edward Fleisher 888-88-8882

826,027

0

0

0

0

0

0

Betty Alden 444-44-4445

- -

- -

05/22/2011

2,343,620 0 0

826,027 0 0

826,027 0 0100 0

826,027 0 0

Cincinnati, OH

94

PRIOR YEAR FORM

PRIOR YEAR FORM

PRIOR YEAR FORM

Worksheet for Schedule Q - Credit for Tax on Prior TransfersTransferor's tax on prior transfers Part I

Total for all transfersTransferor (From Schedule Q)Item (line 8 only)A B C

1. Gross value of prior transfer to this transferee m m2. Death taxes payable from prior transfer m m m m m3. Encumbrances allocable to prior transfer m m m m4. Obligations allocable to prior transferm m m m m m5. Marital deduction applicable to line 1 above,

as shown on transferor's Form 706 m m m m m m m6. TOTAL. Add lines 2, 3, 4, and 5 m m m m m m m m

Net value of transfers. Subtract

line 6 from line 1

7. m m m m m m m m m m m m m m mNet value of transfers. Add columns

A, B, and C of line 7

8. m m m m m m m m m m m m m mTransferor's taxable estate9. m m m m m m m m m m mFederal estate tax paid10. m m m m m m m m m m m m

11. State death taxes paid m m m m m m m m m m m m12. Foreign death taxes paid m m m m m m m m m m m13. Other death taxes paid m m m m m m m m m m m m14. TOTAL taxes paid. Add lines 10, 11, 12, and 13

15. Value of transferor's estate. Subtract

line 14 from line 9 m m m m m m m m m m m m m m m16. Net federal estate tax paid on transferor's

estate m m m m m m m m m m m m m m m m m m m m17. Credit for gift tax paid on transferor's estate

with respect to pre-1977 gifts (section 2012) m m18. Credit allowed transferor's estate for tax on

prior transfers from prior transferor(s) who died

within 10 years before death of decedent m m mTransferor's tax on prior transfers ((line 7 (Tax on transferor's estate. Add lines 16, 17, and 1819.

20.line 15) x line 19 of respective estates) m m m m m

Transferee's tax on prior transfers Part II Item Amount

21. Transferee's actual tax before allowance of credit for prior transfers (see instructions) 21222324

m m m m m m m m m m m m m m m22. Total gross estate of transferee from line 1 of the Tax Computation, page 1, Form 706 m m m m m m m m m m m m m m23. Net value of all transfers from line 8 of this worksheet m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m24. Transferee's reduced gross estate. Subtract line 23 from line 22 m m m m m m m m m m m m m m m m m m m m m m m m m25. Total debts and deductions (not including marital and charitable deductions)

(line 3b of Part 2 - Tax Computation, page 1 and items 18, 19, and 20 of

the Recapitulation, page 3, Form 706) 25

26272829

32

33(e)

m m m m m m m m m m m m m m m m m m m m m m26. Marital deduction from item 21, Recapitulation, page 3, Form 706

(see instructions) m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m27. Charitable bequests from item 22, Recapitulation, page 3, Form 706 m m m m m m m

Charitable deduction proportion ( [ line 23 ( (line 22 - line 25) ] x line 27)28. m m m m m29. Reduced charitable deduction. Subtract line 28 from line 27 m m m m m m m m m m m30. 30

31(a)31(b)31(c)

Transferee's deduction as adjusted. Add lines 25, 26, and 29 m m m m m m m m m m m m m m m m m m m m m m m m m m31. (a) Transferee's reduced taxable estate. Subtract line 30 from line 24 m m m m m m m m m m m m m m m m m m m m m m

(b) Adjusted taxable gifts m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m(c) Total reduced taxable estate. Add lines 31(a) and 31(b) m m m m m m m m m m m m m m m m m m m m m m m m m m m

32. Tentative tax on reduced taxable estate m m m m m m m m m m m m m m m m m m m m m33. (a) Post-1976 gift taxes paid 33(a)

33(b)33(c)33(d)

m m m m m m m m m m m m(b) Unified credit (applicable credit amount) m m m m m(c) Section 2012 gift tax credit m m m m m m m m m m m(d) Section 2014 foreign death tax credit m m m m m m(e) Total credits. Add lines 33(a) through 33(d) m m m m m m m m m m m m m m m m mNet tax on reduced taxable estate. Subtract line 33(e) from line 32 34

3534. m m m m m m m m m m m m m m m m m m m m m m m

Transferee's tax on prior transfers. Subtract line 34 from line 2135. m m m m m m m m m m m m m m m m m m m m m m m m mJSA1R8131 1.000

17,000,000

2,000,000

0 4,859,081 0

0

7,292,925 0 0 1,302,000 0 131,876

0 1,433,876

5,859,049

5,859,049 7,161,049 826,027 475,973 0 0 1,302,000

5,859,049

826,027

0

0 826,027

826,027

5,859,049 5,859,049

0 0 0

0 0

0

0 0 0 0 0 0

0

0

0

0 0

0

0 0 0

0 0

0

0 0 0 0 0 0

0

0

0

0 0

0

2,364,293

5,859,049 11,140,951

806,065

0

0 0

806,065 10,334,886

12,334,886 4,879,754

0 4,859,081

20,673 2,343,620

5,859,049

95

Estate of: Edward Fleisher 888-88-8882

Worksheet TG - Taxable Gifts Reconciliation

Total taxable gifts made before 1977 0

Line 4 - Taxable gifts made after 1976

Calendar Total Taxable amount Amount qualifying Gift tax Gift tax year or taxable gifts included in as special paid by paid by quarter for period gross estate treatment gifts decedent spouse (a) (b) (c) (d) (e) (f) ---------- -------------- -------------- -------------- -------------- -------------- 2012 2,000,000 0 0 0 0 -------------- -------------- -------------- -------------- -------------- Totals 2,000,000 0 0 0 0

1. Taxable gifts made after 1976 (from column b) 2,000,000 2. Taxable gifts made after 1976 included in gross estate (from column c) 0 3. Taxable gifts made after 1976 that qualify for "special treatment" (from column d) 0 4. Add lines 2 and 3 0 5. Adjusted taxable gifts 2,000,000

96

Estate of: Edward Fleisher 888-88-8882

Worksheet TG - Taxable Gifts Reconciliation

Line 7 - Gift tax on gifts made after 1976 (a) (b) (c) (d) (e) (f) (g) (h) Cumulative DSUE from Predeceased Cumulative Tax Based Tax on Spouse(s) Taxable Taxable Taxable Gifts on 2013 Cumulative Tax on Gifts Applied to Gifts for Gifts for Including Rates for Gifts Including for Current Current & Period Current Period Prior Periods Current Period Prior Gifts Current Period Period Prior Gifts ---------- -------------- -------------- -------------- -------------- -------------- -------------- -------------- Pre-1977 0 - 0 - 0 - - 2012 2,000,000 0 2,000,000 0 745,800 745,800 2,000,000

(i) (j) (k) (l) (m) (n) (o) Basic Maximum Applicable Exclusion Applicable Credit Amount Available Tax Amount Credit based Allowable Credit Payable for Current on amount in Prior in Current Credit for Current Period Total in Column J Periods Period Allowable Period -------------- -------------- -------------- -------------- -------------- -------------- -------------- Pre-1977 - - - - - - - 2012 5,120,000 7,120,000 2,793,800 0 2,793,800 745,800 0

1. Total gift taxes payable on gifts made after 1976 (add amounts in column (o)) 0 2. Gift tax paid by the decedent on gifts that qualify for "special treatment" (from Line 4 worksheet, column e) 0 3. Subtract line 2 from line 1 0 4. Gift tax paid by the decedent's spouse on split gifts (from Line 4 worksheet, column f) 0 5. Add lines 3 and 4 0

97