HomeMy WebLinkAbout02-13-08
FAMILY SETTLEMENT AND FINAL RELEASE IN
THE ESTATE OF PAULINE E. KECK
ESTATE NUMBER 21-07-1073
KNOW ALL MEN BY THESE PRESENTS, that:
WHEREAS, Pauline E. Keck, late of Cumberland County, Pennsylvania, died
testate on November 6,2007, having first made her last Will and Testament which was
duly executed on December 12, 2006; and,
WHEREAS, the said last Will and Testament named Cindy A. Keck, Executrix of
her last Will and Testament; and,
WHEREAS, Letters Testamentary were duly issued by the Register of Wills of
Cumberland County, Pennsylvania to Cindy A. Keck on November 21, 2007; and,
WHEREAS, the Executrix has gathered the assets of the estate of the said
decedent and the assets consisted of a money market account and various other small
financial assets and refunds, to a total value of $83,474.22 , 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, and a reserve for possible expenses
which have yet to be incurred by the estate, have been made leaving a balance for
distribution of $68,375.56 as set forth in "Exhibit A" attached hereto; and,
WHEREAS, the balance for distribution has been reduced to cash and is
available for distribution in accordance with the terms of the last will ancHestamer\.t"of
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the said decedent; and,
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WHEREAS, the "Reserve for Contingencies" of $4,000.00 shall continue to be
held by the Executrix until such time as the Pennsylvania Inheritance Tax return is
approved by the Department of Revenue, and all Federal, State and Local taxes have
been paid and the accountant has been paid therefor, and thereafter the funds
remaining in the reserve shall be distributed according to the terms of the decedent's
Last Will and Testament.
NOW, THEREFORE, KNOW YE, we do hereby stipulate that in order to avoid
the expense and time involved in the filing of a formal account and schedule of
distribution, we agree that no account is necessary and we do hereby agree that we do
consent to distribution being made in accordance with the Statement of Proposed
Distribution which is attached hereto as "Exhibit B," 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, we do hereby covenant and agree that should any liability come
due to the estate of the said decedent after the signing of this agreement, we covenant
and agree that we 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, we have hereunto set our hands and seal the day and
year below written opposite our names.
~
::::{SEAL)
COMMONWEALTH OF PENNSYLVANIA
SS.
COUNTY OF CUMBERLAND
On this, the ~ tJ" day of
Public, the undersigned officer, personallyappe e Nicole R. Smith (known to me or
, 2008, before me, a Notary
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.
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COMMONWEAL Ttl~J'l.l'lS~N!A
Notarial Seal ~
Amanda L. Bemhisel. Not:",y Public
Carlisle Bora, Cumberland County
. .1'1,. 'S r'O,"
r',ly Commission E:.<;:.IP?S hpn, 11. <cv_:?._-,
Me.~~';;~! Pei1i1;yr~;;ni~; J\t";:Z;d~1_;;ctN(":taf~,[-;s
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v I Lisa M. H'aulman
PennsV/\JOJ)/o....
STATE OF VIRGINIA
COUNTY OF Cu-v'\ll.berl cu,\d
On this, the 'Ki:v\ day of R.bruD-Ij
SS.
, 2008, before me, a Notary
Public, the undersigned officer, personally appeared Lisa M. Haulman (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.
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COMMONWEALTH OF PENNSYLVANIA
Notarial Seal
Amanda L. Bemhisel. Notary Public
Carlisle Boro. Cumberland County
My Commission Expires Apli117. 2010
Member~ Pennsvj':Jania c\,.t:.sQ(~.l:jJ~on of N()tafles
(SEAL)
STATE OF MARYLAND
COUNTY OF )3cef*~~
On this, the !j!i day of rt:B>(\J":;J
SS.
,2008, before me, a Notary
Public, the undersigned officer, personally appeared Jeffrey S. Keck (known to me or
satisfactory proven) to be the person whose name is subscribed to the within
instrument, and acknowledged that he executed the same for the purposes therein
contained.
IN WITNESS WHEREOF, I hereunto set my hand and official seal.
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JOHN 'Ft"'Nlt"C,
Notary Public State of Marylano .
My Commission Expit" hllUllry 1~ 201Il.;,
Alj'M~ oI'/wb%t.;-:L (SEAL)
Geraldine L. Minich
COMMONWEALTH OF PENNSYLVANIA
SS.
COUNTY OF CUMBERLAND
On this, the I J~ day of FebruCi:.j , 2008, before me, a Notary
Public, the undersigned officer, personally appeared Geraldine L. Minich (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.
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cOMMONWEI\Llti OF PENNSYLVANIA
~<!Otariai Seal
Amanda L. Bemhise!, Notary Public
CartlsiB 80m. Curnben<lnd ('"ounty
My Commissiop 1:.>:; "'f'f :\firii 17, 2010
Member, Pe'(7n~;:~~.;;~;;"/\';:;;~~~~i~~J~;-z,f~rjes
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C. Dean Nailor
COMMONWEALTH OF PENNSYLVANIA
SS.
COUNTY OF CUMBERLAND
On this, the J 1121 day of h:b,uo:j'
, 2008, before me, a Notary Public,
the undersigned officer, personally appeared C. Dean Nailor (known to me or
satisfactory proven) to be the person whose name is subscribed to the within
instrument, and acknowledged that he executed the same for the purposes therein
contained.
IN WITNESS WHEREOF, I hereunto set my hand and official seal.
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COMMONWEI;;LJtiQf...fE~~:'3 YL V AN IA
No~riaiSe3\ 1
Amanda L 1;.;(,:\Tll',!S(1, Notary PubUc J
Carlisle BolO. C'..uinbertand Cou'::-I
'iv1y C0f11rnir;Sion E~Jir~);~ 17. L010
_._..._.-:-...N....::_.:-:---:;;;:: ..' Notaries
Member PennsYl\:;anil::~ ""'.:;i.:.,;.},,..c'\\.,'\!' I.;j
STATEMENT OF ACCOUNT CINDY KECK, EXECUTRIX
OF THE ESTATE OF PAULINE E. KECK
ASSETS
1.
2.
3.
4.
5.
6.
F & M Trust checking
Hoffman Roth Funeral Home Refund
F & M Trust Money Market
Adams Electric Refund
Erie Insurance Refund
Erie Insurance Death Benefit
$ 125.60
$ 1,209.79
$ 74,172.23
$ 74.10
$ 393.00
$ 7.500.00
TOTAL ASSETS: $83,474.72
COSTS/FEES/RESERVE
Administrative Costs: filing fees, advertising, accountant
Debts of decedent
Attorney's Fees
Cindy Keck, Executrix Fee
PA Inheritance Tax
Reserve for contingencies
TOTAL COSTS:
TOTAL ASSETS:
TOTAL COSTS:
BALANCE FOR DISTRIBUTION:
EXHIBIT "An
$ 652.48
$ 282.84
$ 2,500.00
$ 2,500.00
$ 5,163.84
$ 4.000.00
$15,099.16
$83,474.82
$15.099.16
$ 68,375.56
STATEMENT OF PROPOSED DISTRIBUTION
TO HEIRS OF PAULINE E. KECK
1. Lisa M. Haulman 25% $17,093.89
2. Nicole R. Smith 25% $17,093.89
3. Jeffrey S. Keck 25% $17,093.89
4. Geraldine L. Minich 12.5% $ 8,546.95
5. C. Dean Nailor 12.5% $ 8.546.94
TOTAL $68,375.56
EXHIBIT "B"