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HomeMy WebLinkAbout03-16-07 DECEDENT'S ESTATE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYL VANIA ORPHANS' COURT DIVISION ESTATE OF Mary B. Clifford ,DECEASED No. 21-05-0827 PETITION FOR ADJUDICATION / STATEMENT OF PROPOSED DISTRIBUTION PURSUANT TO Pa. O.C. Rule 6.9 This form may be used in all cases involving the Audit of the Account of a Decedent's Estate. If space is instifficient, riders may be attached. Attach the spouse's election, if any; the papers required under items 8-19 inclusive; and any instrument pertinent to the adjudication. INCLUDE ATTACHMENTS AT THE BACK OF THIS FORM. Name of Counsel: Supreme Court LD. No.: Richard C. Snelbaker 06355 o 1~~q i:+:o -'-:,,)- : _~. (";-'1 CJ )2.., f'.) c:"') c::.:;) --.I :;;,; - ,._'.J 0" (~) -i"'l J::'o'o co C0 W Name of Law Firm: Address: Snelbaker & Brenneman, P.C. 44 West Main Street Mechanicsburg, PA 17055 Telephone: (717) 697-8528 Fax: (717) 697-7681 Form OC-OJ rev. 10.13.06 Page 1 of 10 ,1 ('"') Estate of Mary B. Clifford , Deceased 1. Name(s) and addressees) ofPetitioner(s): Name: Linda Mary Fortini, Executrix Address: 106 Skyline Drive Mechanicsburg, PA 17050 Identify any executors or administrators who have not joined in the Petition for Adjudication and Statement of Proposed Distribution and state reason: N/A Is this the first accounting by this fiduciary? . . . . . . . . . . . . . . . . . . . . . xxfBYes 0 No If not, identify prior accountings, the accounting periods covered, and the date of adjudication of the prior accounting. 2. Decedent died on September 8, 2005 ~ Letters Testamentary or o Letters of Administration were granted to Petitioner(s) on Sc~temher 16, 2005 Date of Will (if applicable): September 22, 2003 Date(s) of Codicil(s) (if applicable): N/ A Date of probate (if different from date Letters granted): Was a bond required? DYes xDNo If yes, state amount: Are proofs of advertising of the grant of Letters attached? .........:Ul Yes 0 No Dates of advertising ofthe grant of Letters: PatriotNews - 9/27/05, 10/4/05 & 10/11/05 Cumberland Law Journal - 9/30/05, 10/7/05, 10/14/05 Form OC-OJ rev. JO.13.06 Page 2 of 10 "",~;)."...pe'",.~...w-.'- .' ...,_:cf""<:"~""';"!"'J;''''''''''''' ,~ ~.".~..~~"::<::"'(!"~~;- -""='- ~L.~....i""'.~',,,," ......'~_'"",_'"'.-o."'_,'....,"""""'..=__'-"''':'",.,,.,,..'''''''',,,.,.''''''''''''''';.~I,.,''",. THE PATRIOT NEWS THE SUNDAY PATRIOT NEWS Proof of Publication Under Act No. 587, Approved May 16, 1929 Commonwealth of Pennsylvania, County of Dauphin} ss Joseph A. Dennison, being duly sworn according to law, deposes and says: That he is the Assistant Controller of The Patriot News Co., a corporation organized and existing under the laws of the Commonwealth of Pennsylvania, with its principal office and place of business at 812 to 818 Market Street, in the City of Harrisburg, County of Dauphin, State of Pennsylvania, owner and publisher of The Patriot- News and The Sunday Patriot-News newspapers of general circulation, printed and published at 812 to 818 Market Street, in the City, County and State aforesaid; that The Patriot-News and The Sunday Patriot-News were established March 4th, 1854, and September 18th, 1949, respectively, and all have been continuously published ever since; That the printed notice or publication which is securely attached hereto is exactly as printed and published in their regular daily and/or Sunday/ Metro editions which appeared on the 27th day(s) of September and the 4th and 11th day(s) of October 2005. That neither he nor said Company is interested in the subject matter of said printed notice or advertising, and that all of the allegations of this statement as to the time, place and character of publication are true; and That he has personal knowledge of the facts aforesaid and is duly authorized and empowered to verify this statement on behalf of The Patriot-News Co. aforesaid by virtue and pursuant to a resolution unanimously passed and adopted severally by the stockholders and board of directors of the said Company and subsequently duly recorded in the office for the Recording of Deeds in and for said County of Dauphin in Miscellane s Book "M", Volume 14, Page 317. PUBLICATION COpy /' , EXECUTRIX NOTICE Letters Testamentary on file Estate 01 Mary B. dllfford, Deceased. late 01 Sliver Sprll'!g TOWl'!shlp.Cumber.land. County,. PennSYlvania, have beltn . granted .10 the undersluned. ' All Ptt\"SlIns knowing themselves lobe In- debtecI 10' IIald Estate will make payment ImmedIately, and those having claims will present the. In for settlementto: . LInda ~ Fortini 116 Sky_Drlvo Mechanlcl$llurg, PA 17050 SNELB ER & BRENNEMAN, P.C. .... West n SIreet P.O. Box 1. Mec:IaIklSburu. PA 17155-831. Attomoys SNELBAKER, BRENNEMAN & SPARE, P.C. 44 WEST MAIN STREET P.O. BOX 318 MECHANICSBURG, P A. 17055-0318 Statement of Advertising Costs To THE PATRIOT-NEWS CO. For publishing the notice or publication attached hereto on the above stated dates 126.27 ,/ PROOF OF PUBLICATION OF NOTICE IN CUMBERLAND LAW JOURNAL (Under Act No. 587, approved May 16, 1929), P. L.1784 COMMONWEAL TH OF PENNSYL VANIA ss. COUNTY OF CUMBERLAND Lisa Marie Coyne, Esquire, Editor of the Cumberland Law Journal, of the County and State aforesaid, being duly sworn, according to law, deposes and says that the Cumberland Law Journal, a legal periodical published in the Borough of Carlisle in the County and State aforesaid, was established January 2, 1952, and designated by the local courts as the official legal periodical for the publication of all legal notices, and has, since January 2, 1952, been regularly issued weekly in the said County, and that the printed notice or publication attached hereto is exactly the same as was printed in the regular editions and issues of the said Cumberland Law Journal on the following dates, VIZ: September 30, October 7, 14,2005 Affiant further deposes that he is authorized to verify this statement by the Cumberland Law Journal, a legal periodical of general circulation, and that he is not interested in the subject matter of the aforesaid notice or advertisement, and that all allegations in the foregoing statements as to time, place and character of publication are true. CUfford, Mary B., dec'd. Late of Silver Spring Township. Executrix: Linda Mary Fortini, 106 Skyline Drive, Mechanics- burg, PA 17050. Attomeys: Snelbaker & Brenne- man, P.C., 44 West Main Street, P.O. Box 318, Mechanicsburg, PA 17055-0318. SWORN TO AND SUBSCRIBED before me this 14 day of October. 2005 r Ie 'Hlisle Boro, Cumberland County . Mv Commission EJ,:pires March 5, 2009 L""~~;"'_"_"""'""'i'::lT"-/'~_""-""""'---- Estate of Mary B. Clifford , Deceased 3. Was decedent survived by a spouse? . . . . . . . . . . . . . . . . . . . . . . . . . . . .. DYes xfil No If yes, name of the surviving spouse: 4. Has the surviving spouse filed to take an elective share? ............. DYes 0 No (See Section 2201 et seq. of the Probate, Estates and Fiduciaries Code) If yes, date of election: 5. In the case of an intestacy, state the names ofthe decedent's surviving children or surviving issue of deceased children (ifnone, so state): 6. Did decedent marry after execution of Will or Codicil(s)? . . .. . . . . . .. DYesxf] No Were any children born to decedent after execution of Will orCodicil(s)? ........................................... DYes rn No If yes, give names and dates of birth: Name: Date of Birth: 7. Ifrequired by the Medical Assistance Estate Recovery Act, 62 P.S. S 1412, was a request for a statement of claim sent to the Department of Public Welfare? .............................. DYesXI!jXNo Form OC-Ol rev. 10.13.06 Page 3 of 10 Estate of Mary B. Clifford , Deceased 8. Written notice of the Audit as required by Pa. a.c. Rules 6.3,6.7 and 6.8 has been or will be given to all parties in interest listed in item 9 below, all unpaid creditors and all claimants listed in item 10 below. In addition, notice of any questions requiring Adjudication as discussed in item 14 below has been or will be given to all persons affected thereby. A. If Notice has been given, attach a copy of the Notice as well as a list ofthe names and addresses of the parties receiving such Notice. B. If Notice is yet to be given, a copy ofthe Notice as well as a list of the names and addresses ofthe parties receiving such Notice shall be submitted at the Audit together with a statement executed by a Petitioner or counsel certifying that such notice has been given. C. Ifany person entitled to Notice is not sui juris (e.g., minors or incapacitated persons), Notice of the Audit has been or will be given to the appropriate representative on such party's behalf as required by Pa. a.c. Rule 5.2. D. If any charitable interest is involved, Notice of the Audit has been or will also be given to the Attorney General as required under Pa. a.c. Rule 5.5. In addition, the Attorney General's clearance certificate (or proof of service of Notice and a copy of such Notice) must be submitted herewith or at the Audit. 9. List all parties (charitable and non-charitable) of whom Petitioner(s) has/have notice or knowledge, having or claiming any interest in the estate as beneficiaries under the Will or Codicil(s) or as intestate heirs if there is a complete or partial intestacy: A. State each party's relationship to the decedent and the nature of each party's interest( s): Name and Address of Each PartJi in Interest Relationship and Comments. if any Interest See page 13 of First Final Account for listing of interested parties. There are no charities or unpaid creditors Form OC-OJ rev. /0.13.06 Page 4 of 10 Estate of Mary B. Clifford , Deceased Name and Address of Each Party in Interest Relationship and Comments, if any Interest B. Identify each party who is not sui juris (e.g., minors or incapacitated persons). For each such party, give date of birth, the name of each Guardian and how each Guardian was appointed. If no Guardian has been appointed, identify the next of kin of such party, giving the name, address and relationship of each. N/A C. State why a Petition for Guardian/Trustee Ad Litem has or has not been filed for this Audit (~ee Pa. o.c. Rule 12.4). N/A D. If distribution is to be made to the personal representative of a deceased party, state date of death, date and place of grant of Letters and type of Letters granted. N/A Form OC-OJ rev. 10.13.06 Page 5 of 10 Estate of Mary B. Clifford , Deceased 10. Other than the claim for the family exemption, list the names of all known claimants and the amount of their claims and state whether each claim is admitted. Name and Address of Each Claimant Amount of Claim Claim Will Claim Admitted? Be Paid In Full? N/A DYes DYes DNo ONe DYes DYes DNo DNe DYes DYes DNo DNo DYes DYes DNo DNo If the estate is insolvent, attach a schedule setting forth the order of preference under 20 Pa.C.S. S 3392 and the proposed payments. II. Was family exemption claimed? ........ .. .... ..... ........... . . DYes x8No Was family exemption allowed? . o. 0 .. 00.0 oN!.A.. 0... 0 0 . 0 ..0... 00. DYes DNo Family exemption claimant's name and relationship: Name: Relationship: Form DC-OI rev. 10,13.06 Page 6 of 10 Estate of Mary B. Clifford , Deceased 12. The amount of Pennsylvania Transfer Inheritance Tax and additional Pennsylvania Estate Tax paid, the date(s) ofpayment(s), and the interest(s) upon which paid, are as follows: Date Payment Interest 11/22/05 6/2/06 1O/6/U6 12/21/06 $11 ,500.00 $1,576.61 $::>ul./~ $11.41 13. On the date of death, was the decedent a fiduciary (personal representative, trustee, guardian, agent under power of attorney) or surety on the bond ofa fiduciary? . . . . . . . .. . . . . . . . . .. DYes ffiNo If yes, provide the name of the estate, indicate whether an account has been filed and confirmed absolutely and all awards performed, or, in the alternative, how the decedent's estate will be discharged for the decedent's fiduciary administration of the estate. 14. A. Describe in detail any questions requiring adjudication and state the position of the Petitioner(s) as to each question: N/A B. Has notice of the question requiring adjudication been given to the parties identified in Paragraph 9 above? .................. 0 Y esD No 15. IfPetitioner(s) has/have knowledge that a share has been assigned, renounced, disclaimed or attached, provide a copy of the assignment, renunciation, disclaimer or attachment, together with any relevant supporting documentation. FormOC-OI rev. IO.I3.06 Page 7 of 10 Mary B. Clifford Estate of , Deceased 16. Had the decedent been adjudicated an incapacitated person? . . . . . . . . . .0 Yes aNo If yes, attach a copy of the Order if available; otherwise state the Court, term, number, date, and name of Hearing Judge. 17. A. List or attach a separate list of additional receipts and disbursements since the closing date of the Account. N/A B. Has notice ofthe additional receipts and disbursements been given to the parties identified in Paragraph 9 above? ............. 0 Yes 0 No 18. If a reserve is requested, state amount and purpose. Amount: $1, ')00 00 Purpose: To pay for any filing fees, accounting fees and other miscellaneous costs associated with the administration of the Decedent's estate. If a reserve is requested for counsel fees, has notice of the amount of fees to be paid from the reserve been given to the parties in interest? ........................................ DYes DNo If so, attach a copy of the notice. 19. Is the Court being asked to direct the filing of a Schedule of Distribution? .......... ............. ... DYes I;lNo As to real estate only? ....................................... . DYes :hi No Form OC-OJ rev, JO,13.06 Page 8 of! 0 . ' Estate of Mary B. Clifford , Deceased Wherefore, your Petitioner(s) ask(s) that distribution be awarded to the parties entitled and suggest( s) that the distributive shares of income and principal (residuary shares being stated in proportions, not amounts) are as follows: A. Income: Proposed Distributee(s) Amount/Proportion See page 14 of First and Final Account B. Principal: Proposed Distributee(s) Amount/Proportion See page 14 of First and Final Account Submitted By: (All petitioners must sign. Add additional lines ifnecessary): ~ Y;:7'~ --- Name of PetItIon : Linda Mary Fortini, Executrix Name of Petitioner: Form DC-Of rev. fO.13.06 Page 9 of 10 . ' Estate of Mary B. Clifford , Deceased Verification of Petitioner (Verification must be by at least one petitioner.) The undersigned hereby verifies * [that he/she she IS title the Executrix ofthe above-named name of corporation Tor t-h~ Estate of Mary B Cli~qhat the facts set forth in the foregoing Petition for Adjudication / Statement of Proposed Distribution which are within the personal knowledge of the Petitioner are true, and as to facts based on the information of others, the Petitioner, after diligent inquiry, believes them to be true; and that any false statements herein are made subject to the penalties of 18 Pa. C.S. S 4904 (relating to unsworn falsification to authorities). ~u1 ~~s ~-- Signature ofPetiti er Linda Mary Fortini, Executrix * Corporate petitioners must complete bracketed information. Certification of Counsel The undersigned counsel hereby certifies that the foregoing Petition for Adjudication/ Statement of Proposed Distribution is a true and accurate reproduction of the form Petition authorized by the Supreme Court, and that no changes to the form have been made beyond the responses herein. IA Signature of Counsel for Petitioner Form OC-OJ rev. JO.13.06 Page 10 of 10 IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PA. ORPHANS' COURT DIVISION FILE NO: 21-05-0827 Social Security #: Tax ID #: Date of Death: Date of Incapacity, if any: Date of Executrix Appointment: Date of First Complete Advertisement: Accounting for the period: FIRST AND FINAL ACCOUNT OF Linda Mary Fortini, Executrix For ESTATE OF MARY B. CLIFFORD 167-14-7308 20-6665609 September 8, 2005 None September 16, 2005 September 27,2005 September 29, 2005 to 2/1/2007 Purpose of Account: Linda Mary Fortini, Executrix, offers this Account to acquaint interested parties with the transactions that have occurred during her Administration. The Account also indicates the proposed distribution of the estate It is important that the Account be carefully examined. Requests for additional information, questions or objections can be discussed with: LAW OFFICES SNELBAKER & BRENNEMAN, P.C. Richard C. Snelbaker Snelbaker & Brenneman, P.C. 44 West Main Street Mechanicsburg, PA 17055 Phone #: 717-697-8528 Supreme Court I.D. No: 06355 Page 1 , ::12 ~-::, t~....:) c'::) L.~) --.J :J c:..~ , ~ _. -'~ c:) C) ~,J SUMMARY OF ACCOUNT PRINCIPAL Receipts Net Gain on Sales or Disposition Less Disbursements: Debts of Decedent Funeral Expenses Administration Expenses Family Exemption Federal, State & Local Taxes Fees and Commissions Balance before Distributions Distributions to Beneficiaries Principal Balance on Hand For Information: Investments Made Changes in Holdings INCOME Receipts Less Disbursements Balance before Distributions Distributions to Beneficiaries Income Balance on Hand COMBINED BALANCE ON HAND Statement of Proposed Distribution Verification LAW OFFICES SNELBAKER & BRENNEMAN, P.C. PAGES Page 2 3 4 5 5 5 5 6 6 $ 137.13 2,201.38 4,589.16 0.00 15,357.80 7,648.00 7 8 9 10 $ 327,050.21 42,559.59 $ 369,609.80 29,933.47 $ 339,676.33 322.00 $ 339,354.33 11 $ 11,388.07 12 0 $ 11,388.07 12 0 $ 11,388.07 $ 350,742.40 14 15 & 16 PRINCIPAL RECEIPTS Assets Listed in Inventory (Valued as of Date of Death) Realty: NONE Stocks: Agere Systems, Inc., 16.30 shares common stock valued at $10.26 per share NCR Corp., 58 shares of common stock valued at $33.20 per share $ 167.24 3,996.36 494.90 65,861.25 1,877.40 1,925.60 10,082.26 AT&T Corp., 204 shares of common stock valued at $19.59 per share Avaya, Inc., 49 shares of common stock valued at $10.10 per share Bellsouth, Corp., 2,509 shares of common stock valued at $26.25 per share Lucent Technologies, Inc., 596 shares of common stock valued at $3.15 per share Comcast Corporation, 331 shares of Class A common stock valued at $30.46 per share Tanaible Personal Property: Household goods retained by family members and donated to Goodwill 409.00 Cash: Commerce Bank, checking account #536308034 100,464.34 M&T Bank, savings account #015004205864893 45,220.34 Orrstown Bank, checking account #111000690 93,118.13 ROBC Limited Partnership, refund on resident care 2,106.17 U.S. Treasury, refund due decedent on 2005 Final Individual Income Tax Return 288.00 $ 326,010.99 ADJUSTMENTS TO INVENTORY NONE SUBSEQUENT RECEIPTS 12/16/2005 Lincoln Financial Group, life insurance proceeds 1/5/2006 AT&T Inc., cash in lieu offractional shares from merger with SBC Communications 7/24/2006 Commonwealth of Pennsylvania, refund on Inheritance Tax TOTAL PRINCIPAL RECEIPTS 1,008.92 0.04 30.26 $ 327,050.21 LAW OFFICES SNELBAKER & BRENNEMAN, P.C. Page 3 PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS GAIN LOSS 10/6/2006 NCR Corp., 58 shares Net proceeds 2,229.02 Date of death value 1,925.60 $ 303.42 10/17/2006 Agere Systems, Inc., 16.30 shares Net proceeds 253.64 Date of death value 167.24 86.40 10/6/2006 Avaya, Inc., 49 shares Net proceeds 587.02 Date of death value 494.90 92.12 10/6/2006 Lucent Technologies, Inc., 596 shares Net proceeds 1,370.80 Date of death value 1,877.40 506.60 10/6/2006 Comcast Corp., 331 shares Net proceeds 12,147.70 Date of death value 10,082.26 2,065.44 9/8/2005 AT&T Corp., 204 shares @ $19.59 per share 3,996.36 11/11/05 AT&T, Inc., (after acquisition by SBC Communications) 159 shares @ $23.397 3,720.12 -276.24 10/6/06119 shares of AT&T, Inc. sold at $31.91 3,797.29 40 shares remaining @ $31.91 for distribution 1,276.40 in kind 5,073.69 1,077.33 9/8/2005 Bellsouth Corp. 2,509 shares @ $26.25 per share 65,861.25 10/6/06 1,882 shares sold @ $41.97 per share 78,987.54 627 shares remaining @ $41.97 for distribution 26,315.19 in kind 105,302.73 39,441.48 12/29/06 revision of shares per AT&T, Inc., 29,672.50 acquisition 830 shares @ $35.75 per share TOTAL GAINS AND LOSSES $ 43,066.19 $ 506.60 LESS LOSS 506.60 NET GAIN TRANSFERRED TO SUMMARY $ 42,559.59 LAW OFFICES SNELBAKER & BRENNEMAN, P.C. Page 4 DISBURSEMENTS OF PRINCIPAL DEBTS OF DECEDENT 9/29/2005 MBNA America, credit card payoff 9/29/2005 ROBC Limited Partnership, beauty shop services 11/4/2005 Alert Pharmacy Services, Inc., prescription services FUNERAL EXPENSES 9/29/2005 Auer Memorial Home & Cremation Services 9/29/2005 Ellen Geduldig, reimburse for food purchase for funeral luncheon 6/29/2006 Robert Fortini, reimburse for expenses incurred to transport cremains to cemetery ADMINISTRATION EXPENSES 9/29/2005 Staples, supplies to pack up apartment 9/29/2005 Penski Truck Leasing, truck rental 9/29/2005 Sheetz, gas to refill rental truck 5/17/2006 Greenawalt & Company, P.C., preparation of 2005 Individual Taxes 5/30/2006 Register of Wills, filing fee for Inheritance Tax ReturQ 6/29/2006 Register of Wills, additional probate fee 10/5/2006 Register of Wills, filing fee for Supplemental Inheritance Tax Return 10/6/2006 A.G. Edwards, fees, commission & transactions charges on on sale of stock Household goods donated to Goodwill 2/112007 Greenawalt & Company, P.C., preparation 2006 Fiduciary Income TaxE To be paid subsequent to the confirmation of the First and Final Account *** Reserve for filing fees, accounting expenses and other miscellaneous costs associated with the . administration of the decedent's estate *** Snelbaker & Brenneman, P.C., reimburse for following expenses: a. Cumberland Law Journal, advertising Executrix notice b. Patriot-News, advertising Executrix notice c. Register of Wills, probate fees d. Register of Wills, short certificates FAMILY EXEMPTION FORWARD LAW OFFICES SNELBAKER Be BRENNEMAN, P.C. Page 5 $ 31.45 15.00 90.68 $ 1,479.00 166.51 $ 137.13 555.87 $ 2,201.38 $ 26.50 92.07 13.73 295.00 15.00 50.00 15.00 1,391.59 87.00 490.00 1,500.00 75.00 126.27 364.00 48.00 $ 4,589.16 0.00 $ 6,927.67 LAW OFFICES SNELBAKER & BRENNEMAN, P.C. DISBURSEMENTS OF PRINCIPAL (Can't) FORWARD FEDERAL, STATE & LOCAL TAXES 11/16/2005 Register of Wills, Agent, payment of account of Inheritance Tax 4/10/2006 PA Department of Revenue, tax due on 2005 Individual taxes 5/30/2006 Register of Wills, Agent, balance of Inheritance Tax 10/5/2006 Register of Wills, Agent, Inheritance Tax due on Supplemental Inheritance Tax 12/18/2006 Register of Wills, Agent, interest due on Supplemental Inheritance Tax return 2/1/2007 United States Treasury, 2006 Fiduciary Income Tax 2/1/2007 PA Department of Revenue, 2006 Fiduciary Income Tax FEES AND COMMISSIONS To be paid subsequent to the confirmation of the First and Final Account ... Snelbaker & Brenneman, P.C., attorney services ... Linda Mary Fortini, Executrix commission TOTAL DISBURSEMENTS OF PRINCIPAL Page 6 11,500.00 45.00 1,576.61 501.78 1,419.00 304.00 4,500.00 3,148.00 11.41 $ 6,927.67 15,357.80 7,648.00 $ 29,933.47 DISTRIBUTIONS OF PRINCIPAL TO BENEFICIARIES TO: Linda Mary Fortini, household goods retained in kind $ 59.00 TO: Terry Odhner, household goods retained in kind 45.00 TO: Victoria Regena Hara, household goods retained in kind 140.00 TO: William H. Clifford, household goods retained in kind 78.00 TOTAL DISTRIBUTIONS OF PRINCIPAL TO BENEFICIARIES $ 322.00 LAW OFFICES SNELBAKER & BRENNEMAN, P.C. Page 7 LAW OFFICES SNELBAKER & BRENNEMAN, P.C. PRINCIPAL BALANCE ON HAND Common Stocks AT&T, Inc., 627 shares (formerly Bellsouth) to be distributed in kind valued as of 10/6/06 @ $41.97 AT&T Inc., 40 shares to be distributed in kind valued as of 10/6/06 @ $31.91 per share Cash *** Less expenses to be paid subsequent to confirmation of First and Final Account as listed on page 5 and page 6 of accounting. TOTAL PRINCIPAL BALANCE ON HAND Page 8 CURRENT FIDUCIARY VALUE 2/1/07 ACQUISITION or as noted VALUE $ 26,315.19 $ 16,458.75 1,276.40 783.60 321,524.01 308,359.64 -9,761.27 $ 339,354.33 $ 325,601.99 LAW OFFICES SNELBAKER & BRENNEMAN, P.C. PRINCIPAL INVESTMENTS MADE 11/16/2005 Orrstown Bank, Prime Statement Savings Account #711 000484 $ 70,000.00 10/5/2006 A.G. Edwards Investment account #2801-2963 95,498.76 TOTAL PRINCIPAL INVESTMENTS MADE $ 165,498.76 Page 9 LAW OFFICES SNELBAKER & BRENNEMAN. P.c. CHANGES IN PRINCIPAL HOLDINGS Account Value 9/8/2005 AT&T Corp., 204 shares inventoried at $19.59 per share 11/11/2005 Revision of shares per SBC Communications, Inc., acquisition 159 shares of AT&T, Inc. @ $23.397 10/6/2006 119 shares sold @ 31.91 per share Shares remaining = 40 @ $31.91 to be distributed in kind $ 3,996.36 3,720.12 3,797.29 1,276.40 9/8/2005 Bellsouth Corp., 2,509 shares inventoried at $26.25 per share 10/6/2006 1,882 shares sold @ 41.97 per share Shares remaining = 627 @ $41.97 per share 12/29/2006 Revision of shares per AT&T, Inc. acquisition 830 shares @ $35.75 per share to be distributed in kind 65,861.25 78,987.54 26,315.19 29,672.50 Page 1 0 LAW OFFICES SNELBAKER & BRENNEMAN, P.C. RECEIPTS OF INCOME 11/10/2005 Orrstown Bank, checking account #111000690, interest 12/31/2006 Commerce Bank, checking account #536308034, interest from date of death to 12/31/06 12/22/2006 M& T Bank, savings account #015004205864893, interest from date of death to 12/22/06 2/1/2007 Orrstown Bank, estate checking account #111000489, interest from 11/30/05 to 1/31/07 12/31/2006 Orrstown Bank, Prime Statement Savings Account #711000484, interest from 12/31/05 to 12/31/06 2/1/2007 AT&T Inc., dividends from date of death to 11/10/06 2/1/2007 Bellsouth Corp., , dividends from date of death to 8/16/06 12/31/2006 A.G. Edwards, Investment account #2801-2963, dividends from 10/20/06 to 12/31/06 TOTAL RECEIPTS OF INCOME $ 101.72 2,587.58 1,193.08 38.11 3,153.64 525.13 2,910.44 878.37 $ 11,388.07 Page 11 DISBURSEMENTS OF INCOME $ NONE $ NONE TOTAL DISBURSEMENTS OF INCOME DISBURSEMENTS OF INCOME TO BENEFICIARIES $ NONE $ NONE TOTAL DISBURSEMENTS OF INCOME TO BENEFICIARIES LAW OFFICES SNELBAKER & BRENNEMAN, P.C. Page 12 LAW OFFICES SNELBAKER & BRENNEMAN, P.C. UNPAID CREDITORS: ** PERSONS INTERESTED IN DISTRIBUTION OF ESTATE: 1. Linda Mary Fortini 106 Skyline Drive Mechanicsburg, PA 17050 2. Terry Odhner 14079 North 34th Place Phoenix, Arizona 85032 3. Victoria Regena Hara 2385 Black River Falls Drive Henderson, Nevada 89052 4. William H. Clifford, III 1544 Giddings Avenue, SE Grand Rapids, Michigan 49507 Page 13 NONE LAW OFFICES SNELBAKER & BRENNEMAN, P.C. STATEMENT OF PROPOSED DISTRIBUTION TO BENEFICIARIES Linda Mary Fortini, Executrix and Accountant herein, proposes to distribute the balance of the Estate of Mary B. Clifford, Deceased, to wit: $ 350,742.40 in accordance with the Last Will and Testament of said Decedent as follows: 1. Linda Mary Fortini 1/4 of residue as per Item Third of Will a. Cash 2. Terry Odhner 1/4 of residue as per Item Third of Will a. Cash 3. Victoria Regena Hara 1/4 of residue as per Item Third of Will a. Cash b. AT&T, Inc., 627 shares valued @ $41.97 c. AT&T, Inc., 40 shares valued @ $31.91 per share 4. William H. Clifford, III 1/4 of residue as per Item Third of Will a. Cash TOTAL DISTRIBUTION: Page 14 $ 87,685.60 87,685.60 $ 87,685.60 87,685.60 $ 87,685.60 60,094.01 26,315.19 1,276.40 $ 87,685.60 87,685.60 $ 350,742.40 LAW OFFICES SNELBAKER & BRENNEMAN, P.C. VERIFICATION LINDA MARY FORTINI, Executrix of the Will of MARY B. CLIFFORD, Deceased, hereby declares under oath that she is fully and faithfully discharged the duties of her office; that the foregoing First and Final Account is true and correct and fully discloses all significant transactions occurring during the accounting period; that all known claims against the Estate have been paid in full; to her knowledge, there are no claims outstanding against the Estate; that all taxes presently due from the Estate have been paid; and that the grant of Letters Testamentary and the first complete advertisement thereof occurred more than four months before the filing of the foregoing First and Final Account. This statement is made subject to penalties of 18 pa. C.S.A. Section 4904 relating to unsworn falsification to authorities. ~~ ~~~~ irida Mary Fortini, Executrix Sworn to and subscribed before me this 1st day of ~c ~ 2006 ~~rQJ~~ COMMONW TH OF PENNSYLVANIA Notarial Seal Sandra K Showers, Notary PubIc Mec:halllcsburg 8010, Cumberland County My CammIssIon expires Nov. 22,2007 Member, P.nn.ytv.nle A.loclltlon OfNottl1et Page 15 LAW OFFICES SNELBAKER 8: BRENNEMAN. P.C. COMMONWEALTH OF PENNSYLVANIA 55. COUNTY OF Linda Mary Fortini, being duly sworn according to law, deposes and says that the facts set forth in the foregoing Statement of Proposed Distribution are true and correct to the best of her knowledge, information and belief. ~~..~~. Linda Ma~rtini, Executrix Sworn to and subscribed before me this It.\- day of tt1M c~ 2006 cPQ\&JD-~ COMMONW L TH OF PENNSYLVANIA Notarial Seal Sandra K Showers. Notary PubHc Mechank:sburg Bore. Cumberland County My CommisSion Expires Nov. 22.2007 Member, Pennsylvania Association Of Notaries Page 16