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SCHEDULE B
PROPOSED DISTRIBUTION OF ASSETS
The entire testamentary estate under the deceased's h~ill is
bequeathed in Trust for the benefit of the deceased's grandchildren,
Donald F. Schwarzmeier, Jr. and David Murray Schwarzmeier. Income
to be paid to these trust beneficiaries currently and the prin-
cipal is to be distributed to them in full upon attaining age 30.
They are age 24 and 19 respectively.
Gross Estate -(per IRS closing letter of 9/I2/80) $ 741,748.95
Less: Expenses, debts, taxes and non-probate property:
Federal estate tax $ 182,447.03
Florida estate tax 19,293.07
Metropolitan Life insurance
proceeds paid to designated
beneficiaries 17,160.00
Various funeral expenses 2,100.53
Total attorneys fees,disbursements 10,495.05
Federal fiduciary income tax, 1979 6,516.00
Florida intangible personal
property tax 560.86
Easter Manor Nursing Home 1,368.35
M. Wolkowski, M. D. 120.00 240,055.89
Net Testamentary Estate ~ 501,693.06
Less: Monies passed to Jeanne M. Thornton,
deceased's daughter resulting from
qualified disclaimer 45,000.00
Monies passed to Donald F.
Schwarzmeier, deceased's son,
resulting from qualified
disclaimer 45,000.00 $ 90,000.00
411,693.06
The remaininq net testamentary estate in the
amount of $411,693.06 is being held by Donald F.
Schwarzmeier as Trustee of the Trusts under
the Will of Frank M. Schwarzmeier for the
benefit of Donald F. Schwarzmeier, Jr. and
David Murray Schwarzmeier. This sum consists
of securities and cash. 51~•78~
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