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this amount, $13,626.51 has been deducted by
the estate for income tax purposes on Form
1041, and the balance of $13,873.49 is
claimed for estate tax purposes.
(B) Attorney's fees paid to John T. Lynch,
Jr., in the total amount of $495,700.02, and
investigative fees paid to Edward J. Reardon
in the total amount of $220,000, are
currently in dispute and are the subject of
litigation before the Orphans' Court of
Philadelphia County: Estate of Philip
Meriano, No. 2259 of 1978, Petition of Anita
Panepinto for Decree Directing the Deposit
into Court of Certain Amounts paid from the
Estate. The amount of such fees which are
finally paid and are not claimed on Form
1041, are claimed as deductions for estate
tax purposes.
(C) Attorney's fees have been charged by
Dilworth, Paxson, Kalish & Kauffman in the
aggregate amount of $231,347.50 for services
rendered to Anita Panepinto, Administratrix
c.t.a., through September 30, 1984, and
additional such fees will be charged for
services rendered thereafter. All such fees
will be stated in the account of Anita
Panepinto which will be filed with the
Orphans' Court of Philadelphia, and the
Administratrix will request that the Court
approve the amount of such fees. Such fees
will not include any amount for services
rendered to Anita Panepinto and Elaine
Hernadi in connection with any Orphans' Court
proceeding involving the probate of the will
and codicil of Philip Meriano or the appeal
from that probate. The amount of such fees
which is finally paid and approved by the
Court and is not claimed on Form 1041 is
claimed as a deduction for estate tax
purposes.
(D) The amount of interest due on the
Federal Estate Tax deficiency is dependent on
the amount of such deficiency and the time of
payment, neither of which is known at this
time. The amount of such interest which is
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