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HomeMy WebLinkAbout10-03-07 (2) , " F AMIL Y SETTLEMENT AND FINAL RELEASE IN JOHN E. KELSO (File No. 21-06-0050) KNOW ALL MEN BY THESE PRESENTS, that WHEREAS, John E. Kelso, late.of CarlisJ.e, (':1 Cumberland County, Pennsylvania, deceased, died testate on August 17,2005, having first made hisLast will and Testament, which was duly executed on May 13,2005, and is duly recorded at the Register of Wills in Cumberland County, Pennsylvania. WHEREAS, the said John E. Kelso, by the aforesaid Last Will and Testament, named Jane L. Kelso, as Executrix 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, Pennsylvania, to the said Executrix hereinafter called personal representative; WHEREAS, the said personal representative has gathered the assets of the estate of the said decedent and the assets consist of real and personal property; to a total value of $56,845,36 as set forth in the Inheritance Tax Return, which is attached hereto and made a part hereof, and marked Exhibit "A". WHEREAS, the debts and deductions, including the payment of inheritance tax in the said estate, amount to $7,236.58, leaving a balance for distribution of$49,608.78. WHEREAS, the balance for distribution as shown in the said Inheritance Tax Return marked as Exhibit "A" has been distributed as herein indicated in accordance with the terms ofthe Last Will and Testament of the said decedent; NOW, THEREFORE, KNOW YE, that I, Jane L. Kelso, the heir under the Last Will and Testament of the said decedent, and being that person entitled to inherit under said Last Will and Testament, do hereby acknowledge that I have this day had and received from the aforesaid personal representative, in full satisfaction and payment of all sum or sums of money, legacies, bequests, and devises as are given, devised and bequeathed to me by the said Last Will and Testament, the amount due me under said Last Will and Testament, which amount I have received this day; J , ( .. AND, I do hereby stipulate that in order to avoid the expense and time involved in the filing of a formal account and schedule of distribution, I agree that no account is necessary and I do hereby agree that I 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, Cumberland County. THEREFORE, I do hereby remise, release, quitclaim and forever discharge the said personal representative, Jane L. Kelso, her heirs, executors, and administrators and assigns, or 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 state of the said decedent, and I do further hereby covenant and agree that should any liability come due to the estate of the said decedent after the signing of this agreement, I do hereby covenant and agree that I will contribute my share of the estate to satisty any and all claims, demands, suits, or causes of action which may be successfully prosecuted against the said estate or the aforesaid personal representative after the signing, sealing and delivery of this family settlement and final release. IN WITNESS WHEREOF, I have hereunto set my hand and seal this r:l/}d day of &/r 2007. W.. ~2~ss: ' \ j v/~~//l )L F/J//- \ JuJ (~- (SEAL) - JANEL.~ COMMONWEAL TH OF PENNSYL VANIA : SS. COUNTY OF CUMBERLAND On this, the ~ day of Oc1r)~( ,2007, before me, a notary public, the undersigned officer, personally appeared Jane L. Kelso (known to me or satisfactorily proven) to be the person whose name is subscribed to the within instrument, and acknowledged that she executed the same for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. a~!;^ ~~ t fl.U' ~ otary PublIc COMMONWEALTH OF PENNSYLVANIA NolartaI Seal Tammie L Peters. Notary Pub!lc CaI1Iste Bolo, Clmbertat Id County My Commission ExpIres Sept. 9. 2011 Member, Pennsylvania Alloclatlon of Notaries