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HomeMy WebLinkAbout05-04-07 (3)TUCKER ARENSBERG Attorneys May 2, 2007 ATTENTION: JACKIE Cumberland County Register of Wills/ Clerk of the Cumberland County Orphans' Court One Courthouse Square Carlisle, Pennsylvania 17013 RE: Trust Under the Will of Frank Davenport, Jr. Number: 21-65-1983 Dear Jackie: Jamie D. Aul 412.594.3923 jaul@tuckerlaw.com Please find enclosed the First and Final Account filed on behalf of the Respondent, Wachovia Bank, N.A.. Also enclosed is a check in the amount of $480, payable to the Cumberland County Register of Wills. This check represents the fee for advertising of $80 and a filing fee of $400 based upon a total of approximately $792,199.28 which is the balance and the income generated by the account. This total represents the following amounts (please see page two of the Account): Principal Receipts: $ 216,251.43 Principal Net Gain on Sales or Dispositions: 141,633.40 Income Receipts: 434.314.45 $ 792,199.28 On January 9, 2007, Frank F. Davenport, III, by and through his attorney, Neil W. Yahn of James, Smith, Dietterick and Connelly, LLP, filed a Petition for Citation to Show Cause why and Inventory and Accounting Should not be Filed by Respondent Wachovia Bank, N.A. While Acting Trustee of 'Trust B" as Created under the Estate of Frank F. Davenport, Jr. F/B/O Suzanne B. Davenport and Issue. This First and Final Account is being filed on behalf of Suzanne B. (Davenport) Bieri and Wachovia Bank, N.A. in response to that Petition. Please note that we have also enclosed a "Petition for Adjudication/Statement of Proposed Distribution Pursuant to Pa. O.C. Rule 6.9" but no distribution or other adjudication is being requested herein. Because Wachovia Bank, N.A. is filing the account, we have listed Suzanne Bieri and Wachovia Bank, N.A. as the "Petitioners" although they are the Respondents with respect to the Petition to Show Cause Why an Inventory and Accounting Should not be Filed by Respondent Wachovia Bank, N.A., Tucker Arensberg, P.C. 1500 One PPG Place Pittsburgh, PA 15222 p. 412.566.1212 f. 412.594.5619 www.tuckerlaw.com 111 N. Front Street P.O. Box 889 Harrisburg, PA 17108 p. 717.234.4121 f. 717.232.6802 TUCKER ARENSBERG Attorneys Cumberland County Register of Wills May 2, 2007 Page 2 While Acting Trustee of "Trust B" as Created Under the Estate of Frank F. Davenport, Jr., F/B/O Suzanne B. Davenport and Issue." This Accounting is being filed in response to that Petition. Should you have any questions, please do not hesitate to call me at (412) 594-3923 or Bill Ries at (412) 594-5646. Very truly yours, TUCKER ARENSBERG, P.C. Jamie D. Aul JDA/dk Enclosures c: Diane Goad, Wachovia Bank, N.A. Neil Yahn, Esq., James Smith Dietterick & Connelly, LLP William Campbell Ries, Esq. BUS_EST:240710-1 017579-131522