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HomeMy WebLinkAbout10-25-07 (3) FAMILY SETTLEMENT AND FINAL RELEASE IN THE ESTATE OF GRACE I. FULLER ESTATE NUMBER 21-07-0674 KNOW ALL MEN BY THESE PRESENTS, that: WHEREAS, Grace I. Fuller, late of Cumberland County, Pennsylvania, died testate on June 5,2007, having first made her last Will and Testament which was duly executed on November 30, 1972; and, WHEREAS, the said last Will and Testament named Sue E. Amsley, Executrix of her last Will and Testament; and, WHEREAS, Letters Testamentary were duly issued by the Register of Wills of Cumberland County, Pennsylvania to Sue E. Amsley on July 17, 2007; and, WHEREAS, the Executrix has gathered the assets of the estate of the said decedent and the assets consisted of and account with The Bank Of Landisburg with a total value of $19,625.05, as set forth in the Statement of Account of Executrix which has been attached hereto as "Exhibit A"; and, WHEREAS, the debts and deductions of principal, including the payment of Pennsylvania Inheritance Tax in the said estate, have been made leaving a balance for distribution of $5,171.68 as set forth in "Exhibit A" attached hereto; and, WHEREAS, the balance for distribution has been reduced to cash aniit!is ,,-) '" ") f'.; available for distribution in accordance with the terms of the last will and testcHi"fent o~ ,':' L; I the said decedent. -ry ...~. ,>> -'i.J _H'j (~) a 1..0 ,/' NOW, THEREFORE, KNOW YE, that I, being the sole beneficiary of Grace I. Fuller, do hereby acknowledge that I have this day agreed to receive 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 my mother, Grace I. Fuller, due to me under her said Last Will and Testament. 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 Orphans' Court Division of the Court of Common Pleas of Cumberland County; THEREFORE, I do hereby covenant and agree that should any liability come due to the estate of the said decedent after the signing of this agreement, I covenant and agree that I will pay any legally enforceable 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 agreement and final release. IN WITNESS WHEREOF, I have hereunto set my hand and seal the day and year below written opposite my name. cA:. _E.~tf (SEAL) Sue E. Amsley COMMONWEALTH OF PENNSYLVANIA COUNTY OF CUMBERLAND SS. On this, the ,qaWlday of ~ ,2007, before me, a Notary Public, the undersigned officer, personally appeared Sue E. Amsley (known to me or satisfactory 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. COMMONWEALTH OF PENNSYLVANIA Notarial Seal Jen~ifer S. Lindsay, Notary Public CarlIsle ~o~, Cumberland County My CommISSIon EXpires Nov. 29, 2007 Member, Pennsylvania Association Of Notaries . '-. STATEMENT OF ACCOUNT SUE E. AMSLEY IN RE: ESTATE OF GRACE I. FULLER Probate Assets: The Bank of Landisburg $19,625.05 TOTAL ASSETS: Administrative Costs: The Sentinel Cumberland Law Journal Register of Wills (cost to file inheritance tax return & family settlement agreement $ 198.52 $ 75.00 $ 35.00 Attorney Fees Inheritance Tax Due $1,130.00 $ 204.47 TOTAL COSTS: Debts of Decedent Chapel Pointe (nursing home care) $12,810.38 TOTAL DEBTS: $19,625.05 $ 1,642.99 $12,810.38 BALANCE FOR DISTRIBUTION $ 5,171.68 EXHIBIT "A"