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HomeMy WebLinkAbout1109_ALLISON_MARY_133_823-836_12-14-1979_12-20-1979Will To: PETITION FOR PROBATE and GRANT OF LETTERS NO......b..s..~.1...?.-j3 7fEstateof~~.~B.X J1.9.GbB.~.~.*"bJ.,.~J..$.QN . MARY M.ALLISONalsoknaumas . Register of Wills for the County of Washington in the Commonwealth of Pennsylvania The petition of the undersigned respectfully represents that: Your petitioneNiJ:t.t£~~~r-~M"~e1''1lM1the executo.r.named in the last will of the above decedent,dated ..........bp;r.::.i.o..+-:J....J 197..7..and codicil (s)dated .. (state relevant circumstances,e.g.renunciation,death of executor,etc.) Decedent was domiciled at death in Washington County,Pennsylvania,with her last family or principal residence at .. ........}}.?~.9.:.?..t.~y.h.~.~.~.~ng $.:t::..;:.§.~.t..f...W~.§..h.~.n.g.t.9..n..f.P..A J.:?..J'O..l ..(list street,number and municipality) Decedent,then ?..~..years of age,died ?~}..9.~..~~1..~P.~.~.~.~?..~E ~.~..r.19 ?..~at . .........3..3..5 E.as.t Whe.el.in.g S.tr.ee.t.,Washingt.on.1 PA 1S.3,.Q.l .. Except as follows,decedent did not marry,was not divorced and did not have a child born or adopted after execution of the will offered for probate;was not the victim of a killing and was never adjudicated incompetent:.. Decedent at death owned property with estimated values as follows: Value of real estate in Pennsylvania (If domiciled in Pa.) (If not domiciled in Pa.) (If not domiciled in Pa.) All personal property Personal property in Pennsylvania Personal property in County $g.~.9..~.t..~.;:.~A!.?:.~.9 . $.. $.. $J~~?.~.~.. situated as follows:.. WHEREFORE,petitioner(s)respectfully request(s)the probate of the last will and codicil(s)presented herewith and the grant oftestamentarylettersthereon."-~27f~~~,..!!,..('~:=::~:'::~=;:':':_::':::'•.~::~;~~~~"~::~-~-:':)::--:-~--~---:---:~l:::::~y ::.:::./~:::'::..:::.':::::::::.............................................................................~5~4~m Ho~eva ,40 South Main Street!~~..· ·..· ·A's·s'i·s·t'ii'rit'·..·V'i'c·e ·P·re·s·lci'en't.......................·Wa·s·i1'i'iig't·on..;PA···'I!5':3·oi · · · · . 52p:4 .... OATH OF PERSONAL REPRESENTATIVE COMMONWEALTH OF PEN SYLVANIA COUNTY OF Y.'!.~.$.HJ.NG..±.QN...}SS No....bJ.:..79-/31tf Estate of ~~~.l:<:~~.?.~~.l:<:~.!:'~~.~!:'E~.9..~.L ~!.~!.':1 ~I.~~.X ~.~~.J:..!:'.~.~.9..~,Deceased DECREE OF PROBATE AND GRANT OF LETTERS AND NOW,De.c.emb.er...d.Q 19 ..7..~,in consideration of the petition on the reverse side hereof,satisfactory proof having been presented before me,IT IS DEOREED that the instrument(s),dated bp:r..t...:I:J.:.J :I:.~..7..7 , described therein be admitted to probate and filed of record as the last will of J~~X ~~.~.~:?\J3.I3.J?:J:,.J:.~.:J:,:J:,.!.~.9..~L ~/.~/.~. ........MARY ..l':1.•.....ALLIS.QN... and Letters '!'.~.~.t..~~~~.~~E.Y.. and hereby granted to .J~.~.~~.QN f?hN.K N..~..A..~. ••••~••••••w••r._••••••••n ••••••••••••_•••••••••••~•••··················································i···VI····························· egister of Wills /1-0'1 . FEES Probate,Letters,Etc.. Short Certificates (6) $11.f-(J..../.,.. $b·H.......................................... Renunciation $ Kk=it fbXtfJ:AL /ll ~~~:~~ Filed ~~2...~./..9...7f . WILLIAH T.ALLISON,JR.~·#23369 JONATHAN ALLISON -#05426.......................................................................................................................................................... ATTORNEY (Sup.Ct.I.D.No.) 438 Washington Trust Building ..Nashingt.on..,PA l.5.3.0.1 . ADDRESS (412)225..,..5010................................................................................._. PHONE C 0 ,<\,Y<I ··00 NO,l,t~~irl·~~l\\cd +J >..,""b1 S'1tM iO \U1SI~BH l'l~Cj ...0""'ri: ~cd ..c:~0)00:~...cd~ P::Z ~1 .: ~0 ,:r;l SI UM~-.u:l +JjHoo~.: ZHcd~Z1 0 :111Il~H ~~::.::;j u:lZt:t ,:r;Z '"C HO.,4-11 ~j OIWIJ..S ~:i~H (;)gj......HO 8 OJ ~HH~H u:l .,0:1 1 ,:r;H•~H 0 ..c:~ HP::H tJi z~.,:r;P::H ;:::lj ..-0 O~8,:r;,:r;0:H~ZU~~v H: ~~ .... (J .O~c:r:<:l~ro~~0:11 l-<~I H8dH,:r;:>l:>l .....00 HZP::P::0 l-< HOv0~~v ........ ~~........crov::J...:l ...:l ... 63 -1/-/31tf l\egtster af mtlls af mus4tngtan <tLauntu Oath of Subscribing Witness .....................;J:9ni?J4M.~~.tp.9P:.M9...r:'lP?•..r:r.~ry.~~:q q~.~. ~ (each)a subscribing witness to the will presented herewith,(each)being duly qualified according to law,depose(s)and say(s)that thE?Y..'¥l.~:r.~present and saw ..M/?r.Y.Mc;.G/?~:r~~)·..M+;ison Allison ~.q .Mary.M•..f ...,the testat.:r;i,4...,sign the same and that .....thE?y.....signed as a witness at the request of testatr:':J-X....in h~;r:'...presence and (in the presence of each other)(in the presence of the other subscribing witness(es». Sworn to or affirmed and subscribed before me this 20th..day of ......I?~.q~ml;>~:r 19.79. .........~.~,~";;, ~9 /J.~ ..~_~~--/~J••~••••• (Name)1//.'f.Y~,;.r~. ...~.~~ ...~~~;/.g.~ JA 3/24/77 ****WILL **** I,MARY McCARRELL ALLISON,of the Borough of East Washington,Washington County,Pennsylvania,do make this my Will,hereby revoking any and all Wills at any time heretofore made by me. FIRST:I direct that the expenses of my last illness and funeral be paid out of my estate as soon as may be convenient after my death. SECOND:I give my tangible personal property to my husband,WILLIAM T.ALLISON,if he survives me for a period of sixty (60)days.If he does not so survive me,I give said property to my children,WILLIAM T.ALLISON,JR.,JANE ALLISON and ROBERT McCARRELL ALLISON,or such of them as survive both my husband and me,in such shares as they may determine. THIRD:If my husband,WILLIAM T.ALLISON,survives me for a period of six (6)months,I give to MELLON BANK,N.A., to hold IN TRUST as FUND A such amount in cash or in kind as,when added to all items in my gross estate passing to my husband otherwise than under this Article of my Will and qualifying for the marital deduction,will reduce my Federal estate taxes to the greatest extent possible.This bequest may be satisfied in whole or in part with the proceeds of insurance on my life paid to the Trustee,or my Executor may w allocate assets hereto in kind at their values as finally deter~ mined for Federal estate tax purposes in my estate,selecting them in such manner that the total property,including cash,allocated to Fund A will have an aggregate market value fairly representative of the net appreciation or depreciation,to the date or dates of distribution,in the market value of all property available for such purpose.There shall be excluded from Fund A any property or the proceeds of any property which does not qualify for the marital deduction and,insofar as possible,any property as to which a foreign death tax credit is available. (A)The Trustee shall invest and reinvest Fund A and shall distribute the net income (hereinafter called "Income") and principal as follows: (1)During the lifetime of my husband,WILLIAM T.ALLISON,the Trustee shall pay the Income quarter-annually to him or for his benefit and shall also pay to him so much or all of the principal as'he may direct in writing.If the Trustee considers the Income to be insufficient to provide for his wel- fare and comfortable support,the Trustee is authorized in its discretion to use such sums from principal as it deems advisable therefor. (2)Upon my husband's death,the remaining princi- pal and any accrued or undistributed Income shall be transferred and delivered to or for the benefit of such one or more persons, corporations or other organizations,including his own estate and his creditors,in such amounts and subject to such trusts,terms and conditions as he may appoint by specific reference to this power in his Will.If he does not exercise this power in full, the unappointed principal and Income shall be added to Fund B, hereinafter created,and shall be held or distributed as if I -2- w '..' had died at that time. (B)The right of my husband to the Income shall not be subject to assignment,alienation,pledge,attachment or claims of creditors. FOURTH:All the residue of my estate I give to MELLON BANK,N.A.,to hold IN TRUST as FUND B together with any proceeds of insurance on my life not allocated to Fund A. (A)The Trustee shall invest and reinvest Fund Band shall distribute the Income and principal as follows: (1)During the lifetime of my husband,WILLIAM T.ALLISON,if he survives me,the Trustee shall pay the Income quarter.annually to him or for his benefit,and if the Trustee considers the Income to be insufficient,in view of other income of which it has knowledge and the principal remaining in Fund A, to provide for his welfare and comfortable support,the Trustee is authorized in its discretion to use such sums from principal as it deems advis-able therefor.In the event of any serious illness,accident or other emergency affecting any of my children or their families,including the educational expenses of my grand. children,the Trustee is authorized in its discretion to use such sums from principal as it deems advisable to assist them,but shall consult first with my husband,if he is available. (2)Upon the death of my husband,if he survives me,the principal shall be transferred and delivered to or for the benefit of such one or more of my descendants and their spouses,in such shares and subject to such trusts,terms and conditions as my husband may appoint by specific reference to this power in his Will. -3- w " (3)If my husband is not living at my death,or in the event of his death thereafter without exercising his power of appointment in full,the unappointed principal shall be divided into three equal shares for my children,WILLIAM T.ALLISON,JR., JANE ALLISON and ROBERT McCARRELL ALLISON,and each share shall be held as a separate trust or,in the case of a deceased child shall be distributed as is hereinafter set forth;PROVIDED,however, that the Trustee is authorized in its discretion to combine any such trust with any similar trust created oy my husband. (a)During the lifetime of each child,the Trustee shall pay the Income from his or her trust quarter-annually to or for the benefit of my said child,and if the Trustee considers the Income to be insufficient,in view of other income of which it has knowledge,to provide for the welfare and comfortable support of my said child and his or her family,including educational and funeral expenses,the Trustee is authorized in its discretion to use such sums from principal as it deems advisable therefor;PRO- VIDED,however,that my said child shall have the right at any time to withdraw any or all of the principal. (b)Upon the death of each child,if his or her trust has not already terminated,or upon the division into shares under this subparagraph (3)in the case of any child who is not then living,the principal of my said child's share shall be transferred and delivered to or for the benefit of such one or more persons,corporations or other organizations,in such shares and subject to such trusts,terms and conditions as my said child may appoint by specific reference to this power in his or her Will; PROVIDED,however,that any amount which was not subject to my said child's power of withdrawal immediately prior to his or her death may only be appointed in favor of one or more of his or her descendants. -4- w If my said child does·not exercise this power of appointment in full, the unappointed principal shall be transferred and delivered to his or her then living issue per stirpes;PROVIDED,however,that the share of any grandchild of mine under the age of twenty~one (21) years shall be retained in a separate trust as follows: (i)Until my said grandchild's twenty· first (21st)birthday,the Trustee shall pay to him or her or expend for his or her benefit or may pay to the person having custody of him or her,without liability on the part of the Trustee to see to the application thereof,so much of the Income and principal as the Trustee deems advisable for my said grandchild's welfare,comfort- able support and education,in view of other income of which it has knowledge,and shall add any excess Income to principal and invest it as·such. (ii)Upon my said grandchild's twenty· first (21st)birthday,the trust shall terminate,and the principal shall be transferred and delivered to him or her free of trust.In the event of his or her prior death,the principal shall be distri- buted as my said grandchild may appoint by specific reference in his or her Will;any unappointed principal shall be transferred and delivered to my said grandchild's surviving children equally or,if he or she has none,to my said child's then living issue per stirpes, the share of any grandchild of mine also under such age to be added to his or her separate trust hereunder. (c)Should anyone of my children have no issue living at the death of the survivor of my said child,his or her children,if any,my husband and me,any remaining unappointed portion of my said child's share shall be added equally to the shares of my other two children or to the share of whichever of them is either then living or deceased with issue then living and -5- w shall be held or distributed as if the latter shares or share were being set apart at that time.If all three of my children are then deceased without issue,any remaining unappointed prin~ cipal shall be transferred and delivered to those persons who would have been entitled thereto if my husband and I had each owned one~half (1/2)thereof and we had Doth died at that time intestate,unmarried and domiciled in Pennsylvania. (4)For the purposes of these trusts,adopted children shall be considered the natural children of the adopting parents,regardless of the date of adoption. (B)If any remainderman under the foregoing pro- visions is a minor and is entitled to a share in excess of the amount which may be paid to his or her natural guardian,such share shall be retained by the Trustee in a separate trust until the eighteenth (18th)birthday of said remainderman,at which time the trust shall terminate and the principal shall be trans. ferred and delivered to him or her free of trust.During such minority period,the Trustee shall pay to the person having cus~ tody of said remainderman,without liability on the part of the Trustee to see to the application thereof,or may expend directly so much of the Income and principal as it deems advisable for the welfare,comfortable support and education of said remainderman and shall add any excess Income to principal and invest it as such.In the event of the death of said remainderman during mi- nority,the Trustee is authorized in its discretion to pay part or all of the funeral expenses,and the remaining principal shall be transferred and delivered to said remainderman's heirs. (C)The interest of any beneficiary hereunder,in- cluding a remainderman,in Income or principal,shall not be subject to assignment,alienation,pledge,attachment or claims -6- w of creditors until after payment has actually been made by the Trustee as hereinbefore provided. (D)Upon the death of any Income beneficiary,any Income accrued or received by the Trustee subsequent to the last Income payment date shall be paid to the person or persons for whose benefit the principal producing such Income is continued in trust or to whom such principal is distributed under the terms hereof. (E)Corporate distributions received in shares of the distributing corporation shall be allocated to principal, regardless of the number of shares and however described or designated by the distributing corporation. FIFTH:(A)The Trustee hereunder shall have the following powers,in addition to and not in limitation of those granted by law:to accept assets in kind in distribution from my estate;to collect proceeds of insurance on my life and to use such proceeds to purchase assets from my estate;to retain assets in kind,including MELLON NATIONAL CORPORATION stock,or to sell the same and to invest and reinvest the proceeds and any other cash in any kind of property,real or personal,or part interest therein,without being restricted to investments which are listed as legal for trust funds;to pledge,exchange or mort- gage real or personal property and to lease the same for terms exceeding five (5)years;to give options for sales,leases and exchanges;to borrow money;to compromise claims;to vote shares of corporate stock,in person or by proxy,in favor of or against management proposals,except that the Trustee shall vote MELLON NATIONAL CORPORATION stock only as directed by a competent adult Income beneficiary of the trust in which said shares are held;to -7- w carry securities in the name of a nominee;to make division or distribution hereunder either in cash or in kind;and to allot different kinds of or interests in property to different shares; PROVIDED,however,that the Trustee shall have no power the pos- session of which would disqualify Fund A for the purposes of the marital deduction under the Federal estate tax laws.Any pro- ceeds of insurance on my life which are payable to the Trustee without designating the particular trust shall be divided by the Trustee between Fund A and Fund B in such shares as it sees fit, except that sufficient amounts shall be allocated to Fund A to enable my estate to take full advantage of the marital deduction under the Federal estate tax laws. (B)The Trustee may resign at any time,without stating cause,by petitioning a court of competent jurisdiction to designate and appoint a successor corporate Trustee.In case of the merger or consolidation of the Trustee,the resultant com- pany shall become successor Trustee hereunder without notice to any party. (C)The Trustee shall be entitled to receive annual compensation for its services hereunder in accordance with its schedule in effect when the services are performed,but not in excess of such compensation as would be approved by a court of competent jurisdiction. SIXTH:I appoint MELLON BANK,N.A.,Executor of this my Will,giving to my Executor the same powers as are hereinbefore given to my Trustee,including the right to distribute my securi- ties or other property in kind. No bond shall be required of any fiduciary hereunder in any jurisdiction. -8- ,.w ,, SEVENTH:I direct my Executor to claim any expenses of administration of my estate as income tax deductions upon an income tax return or returns whenever in its sole judgment such action will achieve an overall reduction in the total income and death taxes.No compensating adjustments between income and prin- cipal shall be made as a result of such action.I also authorize my Executor to-join with my husband or his personal representative in the filing of a joint income tax return for any period for which such a return may be permitted,without requiring him or his estate to indemnify my estate against liability for the tax attributable to his income,and to consent,for Federal gift tax purposes,to having gifts made oy my husband during my lifetime treated as having been made half by me. EIGHTH:I appoint MELLON BANK,N.A.,guardian of the estate of any minor receiving any sums of money,real property or other intangible personal property free of trust by reason of my death,if such property is in excess of the amount which may be paid to the natural guardian;and I authorize said guardian, in its sole discretion and without order of court,to retain such property in kind or to sell the same,giving good title to any real estate,to invest and reinvest without being limited to "legal"investments and to use both income and principal for the minor's welfare,comfortable support and education,including college expenses. NINTH:I direct that all estate,inheritance and other taxes in the nature thereof,together with any interest and penalties thereon,becoming payable because of my death with respect to the property constituting my gross estate for death -9- ..w ., tax purposes,whether or not such property passes under this Will, shall be paid from the principal of my residuary estate;and no person receiving or having a beneficial interest in any such property,whether under this Will or otherwise,shall at any time be required to contribute to or refund any part thereof. At any time prior to the vesting of a future interest in pos- session and enjoyment,my Executor or the Trustee to whom my residuary estate has been distributed shall have the discretion to elect to prepay all or any part of the death taxes thereon, and such election shall be binding upon all parties in interest. IN WITNESS WHEREOF,I have hereunto set my hand and seal this p:-if:day of ~r.:v,lQ..19~. &7l.cGW..ffft.II;~(SEAL) Signed,s-ea1ed,published and declared by MARY McCARRELL ALLISON,the Testatrix above named,as and for her Will in the presence of us,who,at her request,in her presence and in the presence of each other,have hereunto subscribed our names as witnesses hereto. Address:--,--...,....--------..,.------.....,.-- -10-