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HomeMy WebLinkAbout05-02-07 (3) IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION IN RE: ESTATE OF JOAN E. HOLL Deceased o :.1 J NO: 2006-1038 r r'J FAMILY AGREEMENT AND RECEIPT AND RELEASE ::.....,"~ co en THIS AGREEMENT by and between CHRISTINE B. RIDD, J...:7"t individually and as Executor of the Estate of JOAN E. HOLL, deceased and SCOTT J. HOLL of Camp Hill Pennsylvania. WHEREAS, Joan E. Holl, who resided at 3 Charisma Drive, Camp Hill Pennsylvania, died November 4, 2006, having left her Last Will and Testament dated October 17, 1988, which was duly admitted to probate by the Register of Wills of Cumberland County at the above number and term on November 27, 2006; and WHEREAS, Christine B. Ridd has been duly appointed Executor of the Estate of Joan E. Holl; and WHEREAS the parties in interest under the Last Will and Testament of Joan E. Holl are: (1) Christine B. Ridd, daughter, Executor (2) Scott J. Holl, son; and WHEREAS, each of the above identified parties is entitled to a one-half (1/2) distributive share of the residuary estate; and . 0\ WHEREAS, each of the above named has been furnished with a complete listing of the estate assets, receipts and disbursements; and WHEREAS, it is the desire of the parties to this Agreement that the final distribution of this estate be accomplished without a formal accounting to the Orphans' Court Division of the Court of Common Pleas Cumberland County, it being the desire of the parties to avoid the expense, delay and publicity of a formal accounting; and WHEREAS, the parties acknowledge receipt of a Proposed Schedule of Distribution. NOW THEREFORE, in consideration of the mutual promises and agreements recited herein the parties agree as follows: I do hereby acknowledge that I am receiving the sum of $200,127.71 as payment of any amount that I may be entitled to receive for any and all entitlements, due to me from the Estate of Joan E. Holl and acknowledge that this is full and complete satisfaction of any and all devises, bequeaths, rights, entitlements or claims of any kind that I have against the above referenced estate. I further acknowledge that I accept this distribution, full disclosure of all administration of the estate, and acknowledge that this does not include any funds in j oint bank accounts. I further hereby release Christine B. Ridd, Executor, from any claims and liabilities which may arise against her as a result of the administration of the Estate of Joan E. Holl, and agree to hold her harmless and reimburse her my pro rata share of any such expense incurred by her as a result of the administration of the estate, should a charge be imposed. I hereby expressly waive my right to have a formal accounting prepared and presented to the Court, with the understanding that such a waiver forever bars me from claiming that Christine B. Ridd, Executor, has committed any mistake, error, negligent act, or wrong in connection with the receipt, management and/or disposition of the assets of the Estate of Joan E. Hollo INTENDING to be legally bound, I have signed this Family Agreement and Receipt and Release, this '2-) day of 1rp-4 2007. WITNESS: f~4.j~. ~rld ,(~ Christine . R dd ~[ .. Individually and as Executor of the Estate of Joan E. Holl