- 26 - not claimed on Form 1041 is claimed as a deduction for estate tax purposes. (E) The Estate of Marie Meriano (decedent's wife) has a claim against the decedent in the amount of $12,021, as a debt owed by decedent to that estate, but payment of such amount has not yet been made. The amount of such claim which is finally paid is claimed as a deduction for estate tax purposes. 3. The taxable estate as tentatively agreed may be decreased as follows: (A) By an amount, not exceeding $13,873.49, equal to any allowance of an Administratrix's commission of Mary Orlando in excess of $13,626.51, determined either under a final decree of the Philadelphia Orphans' Court, Administration No. 2259 of 1978, and any appeal therefrom, or by an agreement between Mary Orlando and the estate. (B) By an amount, not exceeding $488,200.02, equal to any attorney's fees which are paid to John T. Lynch, Jr., and are either allowed by a final decision of the Philadelphia Orphans' Court, Administration No. 2259 of 1978, or are agreed upon between Lynch and the estate, less the amount, if any, which has been claimed on Form 1041. (C) By an amount not exceeding $220,000, equal to any investigative fees which are paid to Edward J. Reardon and are either allowed by a final decision of the Philadelphia Orphans' Court, Administration No. 2259 of 1978, or are agreed upon between Reardon and the estate, less the amount, if any, which has been claimed on Form 1041. (D) By the amount of any attorneys' fees which are paid to Dilworth, Paxson, Kalish & Kaffman for services rendered to Anita Panepinto, Administratrix c.t.a. of the estate, limited however to the amount of such fees allowed by a final decision of the Philadelphia Orphans' Court, Administration No. 2259 of 1978, and any appeal therefromPage: Previous 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 Next
Last modified: May 25, 2011