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Home My WebLink About06-25-07 . if. . O(~r55~ r-..> (") g Co -.I s:: 13 c..... ~ (") ~ FAMILY SETTLEMENT AGREEMENT ~.~~~ ~ IN THE ESTATE OF BETTY I. HEBERLIG~ DECEAS~~ ~ ::0 N :0 --t .. )> (.a,) AGREEMENT executed the day and year hereafter written by and between DANJY'L. HEBERLIG and GERALDINE E. GARNER, Co-Executors of the Estate of BETTY 1. HEBERLIG, deceased, and GERALDINE E. GARNER, BARRY L. SANNO, DANA L. HEBERLIG, and GARY R. HEBERLIG, deceased, by his surviving spouse, REBECCA L. HEBERLIG, heirs and beneficiaries of the Estate of BETTY 1. HEBERLIG. WHEREAS, BETTY 1. HEBERLIG, late of South Middleton Township, Cumberland County, Pennsylvania, died on June 2, 2006, having left a Last Will and Testament dated October 21, 1980; WHEREAS, on June 22, 2006, the Register of Wills in and for the County of Cumberland, Commonwealth of Pennsylvania, did constitute and appoint DANA L. HEBERLIG and GERALDINE E. GARNER, as Co-Executors of the Estate of BETTY 1. HEBERLIG in PA Estate Number 21-06-0556 and Cumberland County estate no. 2006-00556 upon the probating of the aforesaid Last Will and Testament, and WHEREAS, the named beneficiary, Gary R. Heberlig, died on December 2, 2006, leaving as his heir, his wife, Rebecca L. Heberlig, WHEREAS, the Co-Executors have proceeded with the administration of said Estate consisting of assets in the amount of $82,802.67, less disbursements of principal of $9,501.35, less in kind distributions totaling $930.00, and annuity distributions to beneficiaries of $10,461.29 leaving a principal balance on hand of $61,911.42, as set forth in the First and Final Account, a true and correct copy is attached hereto and made part hereof as Exhibit "A", and WHEREAS, the only parties in interest in said Estate are the above-named parties, and WHEREAS, said parties in interest desire that the Co-Executors shall not be required to file an Account with the Orphans Court of Cumberland County, Pennsylvania, and that the net estate of the decedent shall be distributed without the necessity of filing a formal Account to avoid the expense, delay and publicity of a formal accounting, but should instead be distributed J~ in accordance with the Co-Executors' Proposed Schedule of Distribution, a true and correct copy of which is attached hereto and made a part hereof as Exhibit "B". NOW THEREFORE, in consideration of the mutual promises, covenants and agreements recited herein, the above-named heirs and beneficiaries of the Estate of BETTY I. HEBERLIG does hereby mutually agree as follows: 1. The parties hereto, and each of them, agree and acknowledge that they have fully and carefully examined the First and Final Account of DANA L. HEBERLIG and GERALDINE E. GARNER., Co-Executors for the Estate of BETTY I. HEBERLIG, deceased, and Proposed Schedule of Distribution relating thereto, both of which are attached hereto, and find them to be true and correct, and acceptable to the parties hereto and each of them, and further that each of them has received a copy of this Family Settlement and Final Release and of said Account and Proposed Schedule of Distribution. 2. The parties hereto hereby agree that in order to avoid the expense, delay and publicity involved in the filing of a formal Account and Schedule of Distribution, no accounting to the Court 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 Orphan's Court Division of the Court of Common Pleas of Adams County, Pennsylvania. 3. The parties hereby remise, release, quitclaim and forever discharge the Estate of BETTY I. HEBERLIG, and DANA L. HEBERLIG and GERALDINE E. GARNER, Co-Executor, their heirs, executors, administrators and assigns, from all manner of acts, suits, claims, accountings, debts and demands whatsoever which we or any of us or our legal representatives or assigns may at any time hereafter have against said Co-Executors, the estate, or assets thereof, touching or concerning the Estate of the Decedent. 4. The parties hereto covenant and agree that they will contribute their share of the Estate to satisfy all claims, debts, demands, suits or cause of action which may be successfully brought against the Estate or the Co-Executors after the execution of this Family Settlement and Final Release. 5. The parties hereto hereby agree that they will at all times in the future and wherever necessary, appropriate or convenient, made, execute and deliver to said Co- Executors, and/or to the other party or persons, any and all instruments, documents, conveyances, deeds, releases or other instruments of any kind necessary or convenient to carry out the intention of this Family Settlement and Final Release. 6. This Family Settlement and Final Release constitutes the entire understanding among the parties hereto, and each of them acknowledges that no representations or statements of any kind, written or oral, have been made to them or any of them prior hereto by the Co-Executors or any other person or party upon their behalf. 7. This Family Settlement and Final Release shall inure to the benefit and shall bind the parties hereto, and each of them, their heirs, executors, administrators, successors and assigns. 8. This Family Settlement and Final Release shall be governed by the laws of the Commonwealth of Pennsylvania. IN WITNESS WHEREOF, the parties hereto have hereunto set their respective hands and seals the day and year first above written. 1:1 g d>'~~t~ ~!L ~VRkr~ ~ ,J$1 ~ ~ 1;--Le..J ,';( if & --11-07 Date h"J.CrC7 Date G.-\ 1--67 Date 6;}() v7 Date " - :J.l-07 Date & -,;J/-() 7 Date 0..-- .), .-VJ,.~ DANA L. HEBERLIG Co-Executor Cht'a:;(l/u.' (~~iM/L GERALDINE E. GARNER Co-Executor ;0,,--- ..J. .1Jj,J~' DANA L. HEBERLIG ~ Individually as heir and beneficiary :J:kldi:;j~(?A~. GERALDINE E. GARNER Individually as heir and beneficiary Go~ i.2z4~ BARRY . SANNO R. FIRST AND FINAL ACCOUNT OF DANA L. HEBERLIG and GERALDINE E. GARNER, CO-EXECUTORS OF THE ESTATE OF BETTY I. HEBERLIG, Deceased Date of Death: June 2, 2006 Date of Executors' Appointment June 22, 2006 Accounting for the Period of June 22, 2006 to May , 2007 Purpose of Account: DANA L. HEBERLIG and GERALDINE E. GARNER, Co-Executors of the Estate of BETTY 1. HEBERLIG, offer this Account to acquaint interested parties with the transactions that have occurred during their administration of the Estate for the accounting period indicated above. The Account also indicates the proposed distribution of the Estate. It is important that the Account be carefully examined. Request for additional information or questions or objections can be discussed with: Bradley L. Griffie, Esquire GRIFFIE & ASSOCIATES 200 North Hanover Street Carlisle, P A 17013 (717) 243-5551 (800) 347-5552 EXHIBIT "A" SUMMARY OF ACCOUNT Interest and Dividends $ 82,802.67 (-) 9,501.35 (-)10,461.29 (-) 930.00 1.39 Principal - Total Assets Less Disbursements of Principal Prior Distribution to Beneficiaries Less in Kind Distributions TOT AL Cash Available for Distribution $ 61,911.42 RECEIPTS OF PRINCIPAL REAL ESTATE 703 Sandbank Road Mt. Holly Springs, PA ..............................................$62,000.00 $62,000.00 CASH and BANK ACCOUNTS PNC Bank Checking Account #5140185548............................$8,405.49 Comcast Refund ........................................................... $47.81 Comcast Refund............................................. .$33.49 Pension Payment............................................................. .$3 5.20 Allstate Insurance Car Insurance Refund ........................$55.00 Newspaper subscription Refund ......................................$91.50 Three springs Family Practice overpayment/Refund.....$110.37 Chapel Pointe- Refund of prepayment............................ $119.00 Aflac Insurance premium Refund.................................... $13.2 8 Embarq Refund................................................................. .$0.09 Aero Oil Refund............................................................. $179.89 Foremost Homeowners Refund ................................. ...$34.25 $9,244.37 PERSONAL PROPERTY 1989 Olds Cutlass Ciera VIN 1 GAM51N9KG356814............................................ $500.00 Personal property appraisaL.................................................. .$430.00 Personal property sold....................................................... ...$167.01 $1,097.01 NON-PROBATE PROPERTY Erie Family Life Insurance Company................................... ...$10,461.29 Annuity #560-267 $10,461.29 TOTAL ASSETS ACCOUNTED FOR: $82,802.67 DISBURSEMENTS OF PRINCIPAL DEBTS OF DECEDENT Health Insurance premium......................................... ....$4.00 Direct Pay from checking............................................................ ..$9.00 Embarq .......................................................................................... .$7.80 Three Springs Family Practice................................................. ..$110.37 Comcast........................................................................................ $47.81 First Energy Opco . ..... ... ...... ..... ....... .............. ........ ...... ........... ..... .$28.51 Health Insurance Premium........................................................... ..$4.00 Comcast........................................................................................ $47.81 South Middleton Township (sewer)...... ..... ....... ..... .............. ........$66.00 First Energy Opco ...................................................................... ..$23 .23 Met Ed......................................................................................... .$20.28 Borough of Mt. Holly Springs (water)..... ..... .......... ...... ...............$22.00 Chapel Pointe (Nursing Care) .................................................. ..$3 05.75 Pension check stop payment ....................................................... .$3 5 .20 SUB TOT AL: FUNERAL EXPENSES $ 731.76 Auer Memorial Care Home and Cremation Services, Inc. .......$ 229.60 Carlisle Memorial Service, Inc. .............................................$ 170.00 SUB TOT AL: ADMINISTRA TION EXPENSES $ 399.60 Attorneys fees to GRIFFIE & ASSOCIATES.......................$ 3,455.00 Probate Fees...........................................................................$ 220.00 Advertising - The Sentinel ..................................................$ 173.15 Advertising - Cumberland Law Journal................................$ 75.00 Net Costs of Real Estate Sale... ........ ........ .............. ....................$821.0 1 Bank fees...................................................................................... $10.00 The Sentinel- Home Sale Ad......................................................$80.36 Morrison Auto Sales AppraisaL.................................................. .$20. 00 Met Ed (Electricity pending sale) ................................................$69.65 Borough ofMt. Holly Springs (water pending sale)......................$5.00 South Middleton Township (sewer pending sale) .......................$66.00 Foremost Insurance (Homeowner's insurance pending sale) ......$89.25 SUBTOTAL: PENNSYLVANIA INHERITANCE TAX $ 5,084.42 Tax paid ... ..... ......... ..... ..... ........... ....... ........ .............. ........... ...$ 3,285.57 TOTAL DISBURSEMENTS $ 9501.35 PRIOR DISTRIBUTIONS TO BENEFICIARIES Erie Family Life Insurance Company Annuity #560-267 Disbursed directly to beneficiaries $10,461.29 $10,461.29 IN KIND DISTRIBUTIONS 1989 Olds Cutlass Ciera.......................................... ...$500.00 VIN 1G3AM51N9KG356814 Transferred to Barry L. Sanno Personal Property retained......................................... .$430.00 By beneficiaries $930.00 , . INTEREST AND DIVIDENDS Post Date-of-Death Interest Earned PNC Account No. 5140185548......... ........................ .... ...$1.39 Interest Earned on Estate Account NONE PROPOSED SCHEDULE OF DISTRIBUTION Assets for Distribution Cash on Hand........................................................................ $61,911.42 TOTAL: $ 61.911.42 Cash on hand plus in kind distribution of vehicle totals $62,411.42 divided between four (4) beneficiaries, with cash distribution to Barry L. Sanno reduced by $500.00 for receipt of vehicle. Net Cash on Hand Distributed as Follows: Dana L. Heberlig....... ..... ..... ............ ....... ............... ...........$ Geraldine E. Garner.........................................................$ Barry L. Sanno.................................................................$ Gary R. Heberlig..............................................................$ TOTAL CASH DISBURSEMENT: EXHIBIT "B" 15,602.85 15,602.86 15,102.85 15,602.85 $ 61,911.42