Loading...
HomeMy WebLinkAbout07-02-07 --r- FAMILY SETTLEMENT AND FINAL RELEASE In Re: Estate of CHARLES L. SNYDER Deceased No. 2106-1137 KNOW ALL MEN BY THESE PRESENTS, that WHEREAS, CHARLES L. SNYDER, Late of Dickinson Township, Cumberland County, Pennsylvania, died testate on December 13, 2006, having first made his last will and testament, which was duly executed on July 14, 1993, and is duly recorded in Cumberland County, PA, to No. 21-06-1137. WHEREAS, the said Charles L. Snyder, by the aforesaid last will and testament, named his son, Charles N. Snyder, as Executor of said last will and testament. WHEREAS, Letters Testamentary on the estate of the said decedent were duly issued by the Register of Wills of Cumberland County, P A. to the said Executor hereinafter called the personal representative; WHEREAS, the said personal representative has gathered the assets of the estate of the said decedent and the assets consist of cash, real estate and stocks and bonds, for a total value of $136,026.98, as set forth in the attached Exhibit A. WHEREAS, the debts and deductions including the payment of inheritance tax in the said estate, amount to $27,500.17 (See Exhibit B) and inheritance taxes of $4,639.52 (See Exhibit. C). Additional receipts from M&T Bank, received $5,403.14 not $5,260.54 as shown for a difference of $ +$142.60. Additional deductions paid were: West Shore EMS - $648.46; Register of wills, Additional probate fees - $125.00; Met Ed - $41.33. Corrections were: Comcast - was $50.86, not $50.60 as shown, for a difference of - .26 Therefore, there is a balance for distribution of distributed. "" $103,2~~ _ to !!" 1':3 :::0 C-. i:. ~-o n. ? -'] ~ r- c' ;,r-n I '''o15? N C") ," c' . 0 ::bo ,.- ) jl1 ::r (:~ :'ry~ > Total Assets Total Debts Balance for Distribution $136,169.58 32.954.74 $103,214.84 N v- - .. ::n ~J.q rn ("') G) <:::> <:1'3 :::0 r'~'l :;:;:~ :l:J 1::'::1 (-JC) -rl'~ .-." ..,., ::-; C) ;.:.: In 0':),--.') ~71: Distribution Items distributed are in accordance with Item 6. of the Last Will and Testament of Charles L. Snyder, attached as Exhibit E. Seventy-five (75%) to my son, Charles Nathan Snyder 1999 Toyota Corolla $ 3,000.00 Coins $ 100.00 Personal Property $ 400.00 John Deere Tractor $ 900.00 Cash $73,011.13 $ 77,411.13 Twenty-five (25%) to my daugher, Virginia Massey Cash $24,903.71 Less $900 paid for John Deere Tractor 900.00 Total Distributed $103,214.84 WHEREAS, the balance for distribution has been distributed in accordance with the terms of the last will and testament of the decedent as set forth in the schedule of distribution. $ 25,803.71 NOW, THEREFORE we, the undersigned Legatees, being all of the legatees of the said decedent and being those persons entitled to inherit under the last will and testament of Charles L. Snyder do hereby, each of us, acknowledge that we have received from the aforesaid estate, in full satisfaction, the sum or sums of money set forth above. AND, each of us does hereby stipulate and agree that in order to avoid the expense and time involved in he filing of a formal account and schedule of distribution, we each agree that no account is necessary and we do hereby agree that we do consent to distribution being made without the filing of an account and schedule of distribution, the same to be with the same force and effect as if they had been filed and confirmed by the Orphans' Court Division of the Court of Common Pleas of Cumberland County, P A. THEREFORE, each of us does hereby remise, release, quitclaim and forever discharge the said personal representative, her heirs, executors, and administrators and assigns, of and from the said estate and from all actions, suits, payments, accounts, reckonings, claims, and demands whatsoever for or by reason thereof, or for any other use, matter, cause or thing whatsoever touching upon the estate of the said decedent, and each of us does further hereby covenant and agree that should any liability come due to the estate of the said decedent after the signing of this agreement, we and each of us do hereby covenant and agree with each other that we will contribute pro rata our share of the estate to satisfy any and all claims, demands, suits, or causes of action which may be successfully prosecuted against the said estate after signing, sealing and delivery of this settlement agreement, and final release. 05/30/07 14:39 FAX 7172438~55 Doug~as Law Office IN WITNESS WHEREOF, we have hereunto set our hands and seals this _ } ~ day of J'l7t'1 (' ---' 2007. Witness: Virginia Massey, individually 14l 004 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of California On ~ personally me, .71 N&~ bt6 County of s.'1\n p.'tjD DO I 2DC-1-: before Dale appeared D personally known to me \n' proved to me on the basis of satisfactory evidence ~be the perso~ whose name~ ~ara-subscribed ehe within instrument and acknowl'eag to me that he/ !:Ie/tRey- executed the same in his heF.<tReil' thorized capacity~, and that by i . signature~ on the instrument the perso , or the entity upon behalf of which the perso~ acted, executed the instrument. Place Notary Seal Above Q;;aan~QI..((l. Signature of Notary Public .J OPTIONAL Though the information below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent removal and reattachment of this form to another document. Description of Attached Document~ . t litle or Type of Document: I"M, 1 Document Date: ...J ~ ~et+t vM~~ ~ 1=,1'\)11\ ~v-l pl\'St Number of Pages: Signer(s) Other Than Named Above: ...J~"-Ji1 Capacity(ies) Claimed by Signer(s) Signer's Name: D Individual D Corporate Officer -litle(s): D Partner - D Limited D General D Attorney in Fact D Trustee D Guardian or Conservator D Other: Top of thumb here Signer's Name: D Individual D Corporate Officer - litle(s): D Partner - D Limited D General D Attorney in Fact D Trustee D Guardian or Conservator o Other: RIGHT THurJBPPINT OC SIGrJER RI(,fH THtJr1BPRlln Of olGNEH Top of thumb here Signer Is Representing: Signer Is Representing: . C 2004 National Notary Association' 9350 De Solo Ave., P.O. Box 2402' Chalsworth, CA 91313-2402 Ilem No. 5907 Reorder. Call Toll-Free 1-800-876-6827 05/30/07 14:43 FAX 7172438955 Douglas Law Office ~005 Commonwealth of Pennsylvania) : S5:, County of Cumberland ) On this, the I s~ of Jw.. ( . 2007, before me, a Notal'Y Public, the undersigned officer, personally appeared Virginia Massey, known to me to be the persons whose name are subscribed to the within instrument, and acknowledged that they exeruted the same for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. o~... ~~ Notary COMMONWEALTH OF PENNSYLVANIA Notarial Seal PaIrIcIa DIDomenioo, Notary Public MIenMre Bom,I.a1casler County My Comnll88b I ExpIres Jan. 20, 2009 Member, Pennsylvania Association of Notaries REV-1502 EX +'(6-98) '. SCHEDULE A REAL ESTATE COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Charles L. Sn der 1137 All real property owned solely or as a tenant in common must be reported at fair market value. Fair market value is defined as the price at which property would be exchanged between a willing buyer and a willing seller, neither being compelled to buy or seU, both having reasonable knowledge of the relevant facts. Real property which is ioint/y-owned with right of survivorship must be disclosed on Schedule F. ITEM NUMBER 1. 633 W. Old York Road Carlisle, PA 17015 - selling price DESCRIPTION VALUE AT DATE OF DEATH 103,500.00 A TOTAL (Also enter on line 1, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 103 500.00 REV-1S08 EX ....(6-98) *' SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Charles L. Snyder ITEM NUMBER 1. FILE NUMBER 1137 Include the proceeds of litigation and the date the proceeds were received by the estate. All property jolntly-owned with right of survivorship must be disclosed on Schedule F. DESCRIPTION VALUE AT DATE OF DEATH 3,000.00 1999 Toyota Corolla, blue book 2. M& T Bank, savings accont 21,436.02 3. M& T checking account 5,260.54 4. School Real estate tax proration on sale of 633 W. Old York Rd. 546.82 5. Blue Cross refund 409.20 6. Nationwide Ins. refund 87.40 7. Assorted Coins 100.00 8. John Deere Tractor 900.00 9, Personal Property 400.00 10. Goodville Mutual, homeowners insurance refund 387.00 ~\<- TOTAL (Also enter on line 5, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 32526.98 REV-1511 EX +'(12-99) '* SCHEDULE! H FUNERAL EXPENSES & ADMINISTRATIVE COSTS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Charles L. Snyder FILE NUMBER 1137 ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1. Ewing Brothers Funeral Home 6,899.85 2. Cumberland Valley Memorial Gardens 1 , 150.00 B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Name of Personal Representative (s) Social Security Numbe~s)JEIN Number of Personal Representative(s) Street Address City State Zip Yea~s) Commission Paid: 2. Attorney Fees Douglas Law Office 6,500.00 3. Family Exemption: (If decedenfs address is not the same as claimanfs, attach explanation) Claimant Street Address City State Zip Relationship of Claimant to Decedent 4. Probate Fees 189.00 5. Accountanfs Fees 6. Tax Return Preparer's Fees 7. Evening Sentinel, estate ad 158.81 8. Cumberland Law Journal, estate ad 75.00 9. Virginia Massey, U Haul expense 129.44 10. Shughart Enterprise, cleaning 633 W. Old York Road 120.00 11. Nathan Snyder, reimbursement for executor expenses - see attached 1,336.25 12. 2007 Real estate tax proration, 633 W. Old York Road 20.77 13. Seller cost assistance on 633 W. Old York Road (new septic) 2,070.0'0 14. Dawn Realty, real estate commission 6,210.00 15. Dawn Realty, settlement fee 195.00 16. Dawn Realty, selling agent bonus 500.00 17. Secured Land Transer 10.00 18. Recorder of Deeds, realty transfer tax 1,035.00 6 TOTAL (Also enter on line 9, Recapitulation) $ 27500.17 Debts of decedent must be reported on Schedule I. V f! v v ./ J (If more space is needed, insert additional sheets of the same size) Continuation of REV-1500 Inheritance Tax Return Resident Decedent Charles L. Snyder Decedent's Name Page 1 21 06 1137 File Number Schedule H - Funeral Expenses & Administrative Costs - 87. ITEM NUMBER DESCRIPTION AMOUNT 19. 20. 21. 22. 23. 24. 25. DEW&Sons, pump septic Peck's Septic hydro test and exploratory Met Ed, final electric Embarq, final telephone Hartford Ins., repay final retirement check M& T final mastercharge balance Register of Wills, filing fees 135.00 428.50 38.24 6.11 142.60 50.60 v 100.00 SUBTOTAL SCHEDULE H.B7 901.05 BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX DIVISION PO BOX 280601 HARRISBURG PA 17128-0601 COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX '* REV-1547 EX AFP (06-05) DATE 05-21-2007 ESTATE OF SNYDER CHARLES L DATE OF DEATH 12-13-2006 FILE NUMBER 21 06-1137 COUNTY CUMBERLAND ACN 101 APPEAL DATE: 07-20-2007 ( See reverse side under Objections) Amount Re.Ittedl I MAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 CUT ALONG THIS LINE ~ RETAIN LOWER PORTION FOR YOUR RECORDS ~ ------------------------------------------------------------------------------------------- REV-1547 EX AFP (03-05) NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX ESTATE OF SNYDER CHARLES L FILE NO. 21 06-1137 ACN 101 DATE 05-21-2007 WILLIAM P DOUGLAS DOUGLAS LAW OFFICE 57 W POMFRET ST CARLISLE PA 17013 TAX RETURN WAS: (X) ACCEPTED AS FILED ) CHANGED RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. Real Estate (Schedule A) 2. 3. 4. 5. 6. 7. 8. (1) (2) (3) (4) (5) (6) (7) . 103,500.00 .00 .00 .00 32.526.98 .00 .00 (8) Stocks and Bonds (Schedule B) Closely Held Stock/Partnership Interest (Schedule C) Mortgages/Notes Receivable (Schedule D) Cash/Bank Deposits/Misc. Personal Property (Schedule E) Jointly Owned Property (Schedule F) Transfers (Schedule G) Total Assets APPROVED DEDUCTIONS AND EXEMPTIONS: 9. Funeral Expenses/Adm. Costs/Misc. Expenses (Schedule H) 10. Debts/Mortgage Liabilities/Liens (Schedule I) 11. Total Deductions 12. Net Value of Tax Return 13. Charitable/Governmental Bequests; Non-elected 9113 Trusts (Schedule J) 14. Net Value of Estate Subject to Tax (9) (10) 27,500.17 .00 NOTE: To insure proper credit to your account, submit the upper portion of this form with your tax payment. 136,026.98 (11) (12) (13) (14) ?7.5DD 17 108,526.81 .00 108,526.81 NOTE: If an assess.ent was Issued prevIously, lInes 14, 15 and/or 16, 17, 18 and 19 wIll reflect fIgures that Include the total of All. returns assessed to date. ASSESSMENT OF TAX: 15. Amount of Line 14 at Spousal rate (15) .00 X 00 .00 16. Amount of Line 14 taxable at Lineal/Class A rate (l6) 108,526.81 X 045 = 4,883.71 17. Amount of Line 14 at Sibling rate (17) .00 X 12 = .00 18. Amount of Line 14 taxable at Collateral/Class B rate (18) .00 X 15 = .00 19. Principal Tax Due (19)= 4,883.71 TAX l.1'(",u~TS: t'AyMENr Rc~1:.1PT DISCOuNT (+J AMOUNT PAID DATE NUMBER INTEREST/PEN PAID (-) 03-08-2007 CDo07875 244. 19 4,639.52 TOTAL TAX CREDIT 4,883.71 BALANCE OF TAX DUE .00 C, INTEREST AND PEN. .00 TOTAL DUE .00 * IF PAID AFTER DATE INDICATED, SEE REVERSE FOR CALCULATION OF ADDITIONAL INTEREST. ( IF TOTAL DUE IS LESS THAN $1, NO PAYMENT IS REQUIRED. IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR). YOU MAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.) LAST WILL AND TESTAMENT OF CHARLES L. SYNDER I, CHARLES L. SNYDER, a resident of North Dickinson TownShip, Cumberland County, Pennsylvania, being of sound and disposing mind, memory and understanding, declare the following to be my Last Will and Testament, hereby revoking any and all wills heretofore made by me. 1. I direct my executor hereinafter named to pay all of my legal debts and expenses of my last illness and funeral as soon after my death as convenient. 2. I am an unmarried man. I have four children born of a first marriage who are now living: PAUL L. SNYDER, DONALD B. SNYDER, PEGGY SOLLENBURGER and BETTY ROTZ. I have two children of my second marriage who are now living: CHARLES NATHAN SNYDER and VIRGINIA MASSEY. Both of my former spouses have predeceased me. I have no deceased children. 3. I give, devise and bequeath to my son, Charles Nathan Snyder, my cabin and real estate, with the improvements thereon, including all personal property therein, located at Cactus Hill, North Middleton Township, Cumberland County, Pennsylvania, if he r......, C) = survi ves me. If he does not survive me, . however, then to l'g.@::> heir'~ by right of representation. ),~& ~ .~ *..-.:.:..;::: - 4. I give, devise and bequeath to my son, Charles~~~han ....~='C~) =="1;' ~~ ~nYder, if he survives me, all my tools, equipment, machi~y and :-=J . . accessories located in my garage at 633 West Old YC:;k Roa~ :-:0 ill C') :."~ C) .:~.-~.~-6 , 'rTl _.J 0 ,2 (~ -~_: =R ...._~ c-:> ;=- ["T-'I c....') \::) -Y--, ',- IJ Carlisle, pennsyivania, as well as any vehicles, guns, personal jewelry, watches, coins, silver dollars that I have collected over the years and any other of my personal effects that he may desire to have and that I own at the time of my death. If, however, he does not survive me, then my daughter, Virginia Massey, shall receive this property. 5. I give and devise the real estate located at 633 West Old York Road, Carlisle, Pennsylvania, together with all improvements thereon and all rights and easements appurtenant thereto and all insurance thereon, to my son Charles Nathan Snyder and my daughter, Virginia Massey if they survive me, to be divided between them as follows: SeventY-five percent (75%) to my son, Charles Nathan Snyder Twenty-five percent (25%) to my daughter, Virginia Massey. If, however, either Charles or Virginia should predecease me then the survivor shall receive all of the real estate located at 633 West Old Road, Carlisle, Pennsylvania. 6. I give all the rest, residue and remainder of my estate, both real and personal, to be sold at private or public sale and the proceeds divided between my son, Charles Nathan Snyder and my daughter, Virginia Massey in the following shares: SeventY-five (75%) to my son, Charles Nathan Snyder Twenty-five (25%) to my daughter, Virginia Massey. If, however, either Charles or Virginia should predecease me then the survivor shall receive all of the rest, residue and remainder of my estate. 7. I have intentionally failed to provide for Paul L. Snyder, Donald B. Snyder, Peggy Sollenburger and Betty Rotz, my four children born of my first marriage. I also have intentionally ~ omitted to provide herein for any other of my heirs living at the time of my death except as otherwise provided in this Will. If any of these four children or any person, or any of my heirs, shall either directly or indirectly, singly or in conjunction with others, seek to set aside this will or to attack, oppose, or seek to set aside the probate thereof, or to impair, invalidate, or set aside its provisions, and such person shall establish a right to any part of my estate, then, in any and all mentioned cases or events I hereby give and bequeath to such person or persons the sum of ONE DOLLAR ($1.00) only and no further interest whatsoever in my estate. 8. I nominate, constitute and appoint my son, Charles Nathan Snyder as my executor and I direct that no bond shall be required. IN WITNESS WHEREOF, I have hereunto set my hand and seal this the /If day of ~4 ,{../ Signed, sealed, published and declared by the above-named testator, as and for his Last Will and Testament, who at his request, in his presence, in our presence, and in the presence of each other have hereunto subscribed our names as attesting witnesses. fj " /1C!. / j~/f1./YU1/174v~! ~ U ',~ . '\ ;.' '\ /} ~\J-.1,-e Yl", :"-.-/11"- COMMONWEALTH OF PENNSYLVANIA COUNTY OF CUMBERLAND I /J We ,J;/1, fI, I n (/..1 F L o;;r V ( the witnesses whose names are signed /~-') ~ '} and L%-v--c Yh (6'1- to the attached or foregoing instrument, being duly qualified according to law, do depose and say that we were present and saw testator sign and execute the instrument as his last will, and that he signed willingly and that he executed it as his free and voluntary act for the purposes therein contained, that each of us in the hearing and sight of the testator signed the will as witnesses; and that to the best of our knowledge, the testator was at that time 18 or more years of age, of sound mind and under no constraint or undue influence. Sworn to and subscribed before me this 1Lj.11- day of 1u~ ,1993 Cft#dYh. ~ notary NOTARIAL SEAL JANET M, lAY NOTARY PlIBlIC CARLISLE BORO.. CUMBERLAND COUNTY MY COMMISSION EXPIRES JUNE 26, 1995 COMMONWEALTH OF PENNSYLVANIA COUNTY OF CUMBERLAND I, Charles L. Snyder, whose name is signed to the attached or foregoing instrument, having been duly qualified according to law, do hereby acknowledge that I signed and executed the instrument as my last will, that I signed" it willingly; and that I signed it as my free and voluntary act for tt/~)purposes ~here~n Charles L.Snyder Sworn to and subscribed to before me this 1<1 %ay of 4 ~ C)~ '7h ~-\rnotary . NOTARIAL SEAL .:JANET M.lAY NOTARY PUBLIC CARLISLE BORO., CUMBERLAND COUNTY MY COMMISSION EXPIRES JUNE 26, 1995 ,1993.