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HomeMy WebLinkAbout08-24-07 F:\FILES\12692\12692.1.oQiections 1 Created: 9/20/04 0:06PM Revised: 8/24/07 2:39pm 12278.1 Ivo V. Otto III, Esquire I.D. No. 27763 Seth T. Mosebey, Esquire I.D. No. 203046 MARTSON DEARDORFF WILLIAMS OTTO GILROY & FALLER MARTSON LAW OFFICES 10 East High Street Carlisle, P A 17013 (717) 243-3341 () C:;O <.:::0 'J =-~~ S '_/) :.'. -:"-)C) "c~-n _.ijj --l r--.) = = -..j ~ en N .t;:'" -0 ::r.: 'i! \.D IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA In Re: Estate of Camilla R. Westcott, Deceased. Orphans' Court Division No.: 21-05-0491 OBJECTIONS TO STATEMENT OF PROPOSED DISTRIBUTION To the Honorable Judges of said Court: NOW COMES, the Objector, William W. Westcott, by his counsel, MARTSON DEARDORFF WILLIAMS OTTO GILROY & FALLER, and respectfully avers the following Objections to Statement of Proposed Distribution: 1. The above-named decedent, Camilla R. Westcott ("Decedent"), died on May 19, 2005. 2. William W. Westcott ("Objector") is Decedent's son. 3. The Register of Wills admitted to probate as the last will and testament of Decedent a writing dated February 17, 1978 ("Will"). 4. Pursuant to Decedent's Will, Decedent created a trust for the benefit of Objector and appointed Commonwealth National Bank as Trustee of the trust. 5. Objector is the sole income beneficiary of the trust. 6. At the time Decedent signed her Will, Commonwealth National Bank maintained a prominent presence in central Pennsylvania and specifically maintained a local office in Carlisle. 7. Through a series of transactions, however, Commonwealth National Bank was absorbed so that the Trustee is now Mellon Bank. 8. Mellon Bank no longer maintains an office in Carlisle, Pennsylvania. 9. In this case, the removal of Mellon and substitution of a Trustee with local offices will serve Mr. Westcott's interests and would not be inconsistent with any material purpose of the Trust. 10. A suitable successor trustee in the form ofM&T Bank is available and willing to act as Trustee. 11. The change in circumstances with respect to Commonwealth's identity and location represents the types of change which support removal under the statute referenced above and interpretive case law. 12. Additionally, M&T Bank currently acts as Trustee with respect to a trust created under Objector's father's will. 13. Permitting M&T to act as Trustee with respect to the trust under Decedent's will achieves potential economies and will allow for better coordination of investment and management of both trusts. 14. Objector also has a variety of medical issues that influence his desire to name M&T Bank as Trustee. It is his firm belief that M&T Bank, which has a local presence and with which Objector has a current fiduciary relationship, can serve his interests more effectively. 15. Pursuant to Pa. R.c.P. 235, notice of these Objections was mailed to the Attorney General on August 24, 2007. WHEREFORE, Objector respectfully requests that this Honorable Court appoint an auditor to rule upon the Objections. MARTS ON LAW OFFICES By~.tP :;:. ~ Ivo V. Otto III, Esquire J.D. Number 27763 Seth T. Mosebey, Esquire I.D. Number 203046 Ten East High Street Carlisle, P A 17013 (717) 243-3341 Attorneys for Objector Dated: August 24, 2007 CERTIFICATE OF SERVICE I, Mary M. Price, an authorized agent for Martson Deardorff Williams Otto Gilroy & Faller, hereby certify that a copy of the foregoing Objections to Statement of Proposed Distribution was served this date by depositing same in the Post Office at Carlisle, P A, first class mail, postage prepaid, addressed as follows: Joseph E. Bell, Jr., Esquire Mellon Financial Corporation 4th Floor 1735 Market Street Philadelphia, P A 19103 Roger M. Morgenthal, Esquire 2515 North Front Street Harrisburg, P A 17110 and by Certified Mail, return receipt requested to: Pennsylvania Office of Attorney General 16th Floor Strawberry Square Harrisburg, PAl 7120 MARTSON LAW OFFICES BY~1t ,av M . Price Ten st HIgh Street Carlisle, PA 17013 (717) 243-3341 Dated: August 24, 2007