Loading...
HomeMy WebLinkAbout05-08-08 FIRST AND FINAL ACCOUNT AND D 31 DID 2. Jl PROPOSED DISTRIBUTION OF f:\ ~ 3SS7~-,3/.1 ELLEN M. OSWALT, EXECUTRIX D J.. OF THE ESTATE OF VINCENT WAYNE OSWALT, DECEASED LATE OF MIDDLESEX TOWNSHIP, CUMBERLAND COUNTY Estate File #: 21-07-1069 Estate Identification #: 26-6367237 Date of Death: October 22, 2007 Letters Granted: November 21, 2007 Dates of Advertisement: The Sentinel - Cumberland Law Journal- December 5,12,19,2007 November 30, December 7,14,2007 Account Stated To: May 5, 2008 SUMMARY & INDEX Principal Pages Amount 2 $235,575.34 2 $0.00 2 $0.00 2 $235,575.34 3 $178,747.66 3 $25,765.56 4 $31,062.12 Receipts Net Gain or (Loss) on Conversions Receipts Subsequent to Inventory Adjusted Balance Debts of Decedent Costs of Administration Proposed Distributions Matthew A. McKnight, Esquire IRWIN & McKNIGHT 60 West Pomfret Street Carlisle, P A 17013 (717) 249-2353 o (:;0 '3~ ""TO ":.: r- s~,n ~:r) .' en 7' (yO 29,1 J:Jj "1:)-1 :r;.. '" c:::> 0:::::> c:o :x :::c- -< I (X) -0 :x w o ~ c-) --~;i:'") .'-1"1 (cC5 r r1 RECEIPTS OF PRINCIPAL Value of Assets Listed in Inventory (d/o/d value) Fiduciary Acquisition Value Real Property: 250 Bernheisel Bridge Road, Carlisle, Pennsylvania $235,000.00 $235,000.00 Personal Property: OF Employees Credit Union $575.34 $575.34 TOT AL RECEIPTS OF PRINCIPAL $235,575.34 $235,575.34 RECEIPTS SUBSEQUENT TO INVENTORY (Value When Received) None TOTAL RECEIPTS SUBSEQUENT TO INVENTORY.........................................$O.OO RECAPITULA TION -RECEIPTS RECEIPTS OF PRINCIPAL (Fiduciary Acquisition Value) ................................................$235,575.34 RECEIPTS SUBSEQUENT TO INVENTORY ....................................................................$0.00 TOTAL RECEIPTS OF PRINCIPAL & INCOME .....................................$235,575.34 2 DISBURSEMENTS Debts of Decedent: DCM Services, LLC - Sears Credit Card ............................................................................$1 ,513.63 "Lowe's - Credit Card.......... ........... .................................................... ................................ ... ..$186.99 "Kohl's - Credit Card..... ............................... .................................. ........................................ .$920.29 Citi Mortgage - Outstanding Mortgage Balance .............................................................$150,972.46 Mortgage in Decedent's Name Only Citi Mortgage - Mortgage Payments...... .............................. .............................................. .$9,402.23 Mortgage Payments Paid by Ellen M. Oswalt M&T Bank, Outstanding Mortgage Balance ........... ............................ .................. ............ ..$4,3 52.29 Mortgage in Decedent's Name Only - Paid in Full By Ellen Oswalt M&T Bank - Mortgage Payments........ ............... ............. ............. ........... ............................ .$728.34 Mortage Payments Paid by Ellen M. Oswalt Ohio Distinctive Solutions - Outstanding Debt ......................................................................$12.00 Myers Funeral Home - Funeral Expense...... ............................ .................... ......... ....... ....$1 0,659.43 Subtotal: .............. ........................ ................... ........................................................................ $178, 747. 66 Costs of Administration: Ellen M. Oswalt, Family Exemption.................................................................................. .$3 ,500.00 Irwin & McKnight, Attorney Fee ..................................................................... .............. ...$1 0,800.00 Ellen M. Oswalt, Executrix Commission ..........................................................................$10,000.00 Register of Wills, Probate Fee...... ............. ............. ............... ........... ..................................... .$225 .00 Patricia A. Rosendale, CPA, Tax Preparation ........................................................................$350.00 Register of Wills, Filing Fee.... .......................... ............... ....................................................... .$30.00 Cumberland Law Journal, Estate Notice............. ................................................................... ...$75.00 The Sentinel, Estate Notice.......... ........... ............. ................. ........... ..................................... ..$166.06 S.W. Barrett Real Estate, Appraisal on Real Estate................................................................$325.00 Recorder of Deeds, Filing Fee ................................................................................................ ..$39.50 Register of Wills, Filing Fee (First Final Account) ................................................................$230.00 Notary Fees ... ......... .................................................. ........... ........................................ ..$25 .00 Subtotal: ........ ...................... ............... ................... ................. .................................................. $25, 765. 56 TOTAL DISBURSEMENTS OF PRINCIPAL ..............................................$204,513.22 3 RECAPITULATION TOTAL RECEIPTS OF PRINCIPAL & INCOME ..................................................$235,575.34 TOTAL DISBURSEMENTS OF PRINCIPAL & INCOME .................................. -$204.513.22 RES ID U AL ................................................ ................................... ..................... ...$31 ,062 .12 Ellen M. Oswalt (50%) ......................................................................................................$15,531.06 Chad Douglas Oswalt (25%) ......... ........... ........................................................................... $ 7,765.53 Jennifer L. Rosario (25%)................... .......................... ....................................................... $7,765.53 PROPOSED DISTRIBUTION 250 Bernheisel Bridge Road, Carlisle, Transfer-in-Kind to Ellen M. Oswalt, spouse of Vincent W. Oswalt - Ellen M. Oswalt to assume Citi Mortgage Debt. Children of Decedent are entitled to 50% of the residual estate. 50% Residual to be paid by Ellen M. Oswalt in equal shares to the children of Vincent Wayne Oswalt Chad Douglas Oswalt........... ......... ........................ .............................................................. $ 7,765.53 Jennifer L. Rosario... ....... ....... .................................................................................. ............ $7,765.53 4 COMMONWEALTH OF PENNSYLVANIA ss COUNTY OF CUMBERLAND Ellen M. Oswalt, Executrix for the Estate of Vincent Wayne Oswalt, deceased, hereby declares under oath [under penalty of peIjury] that she has fully and faithfully discharged the duties of her office; that the foregoing First and Final Account is true and correct and fully discloses all significant transactions occurring during the accounting period; that all known claims against the estate have been paid in full; that, to her knowledge, there are no claims now outstanding against the Estate; and that all taxes presently due from the estate have been paid. ~'m {J~ Ellen M. Oswalt, Executrix Sworn and subscribed before me this gC-:L day of May, 2008. ll\ Notary Public CDrJif'J1U[,!\hiEfI.LT:'\ i:JF PENNSYLW>.NIA :"~":-_--~---N~t;:;'i,~IS~al . K3ren s~. NQ{C';, Notary Public CDi1isL:2' E:oro. e'Jl11berland Counfy ~.,'J'.; C()fl1',TljSS::"':P Expires Dec. 8. 2011 '."-'<';'-"-~'~'-----~'''~'-- i\,;,~~~",\~\,;,;t.ion of Notaries 5 DECEDENT'S ESTATE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION EST ATE OF VINCENT WAYNE OSW AL T (J c- ..." C) , DECEASED; ;1~ =_ ;3~ ~ ;;~;~ f~-"'f::) ,......_) .'Tl ~ ~:5 }d --; No. 21-07-01069 PETITION FOR ADJUDICATION / STATEMENT OF PROPOSED DISTRIBUTION PURSUANT TO Pa. O.C. Rule 6.9 I',) C::) l..-::J = - --*;",- 'X!-, -<: I co -u ~ (:'! a \.0 This form may be used in all cases involving the Audit of the Account of a Decedent's Estate. If space is insufficient, riders may be attached. Attach the spouse's election, if any; the papers required under items 8-19 inclusive; and any instrument pertinent to the adjudication. INCLUDE ATTACHMENTS AT THE BACK OF THIS FORM. Name of Counsel: MATTHEW A. McKNIGHT Supreme Court I.D. No.: 93010 Name of Law Firm: IRWIN & McKNIGHT Address: 60 WEST POMFRET STREET, CARLISLE, PA 17013 Telephone: (717) 249-2353 Fax: (717) 249-6354 Form DC-OJ rev. 1O.J3.06 Page 1 of 10 Estate of VINCENT WAYNE OSWALT , Deceased 1. Name(s) and addressees) ofPetitioner(s): Name: ELLEN M. OSW AL T Address: 250 BERNHEISEL BRIDGE ROAD CARLISLE, P A 17013 Identify any executors or administrators who have not joined in the Petition for Adjudication and Statement of Proposed Distribution and state reason: Is this the first accounting by this fiduciary? . . . . . . . . . . . . . . . . . . . .. IZI Yes D No If not, identify prior accountings, the accounting periods covered, and the date of adjudication of the prior accounting. 2. Decedent died on OCTOBER 22, 2007 D Letters Testamentary or IZjLetters of Administration were granted to Petitioner(s) on NOVEMBER 21. 2007 Date of Will (if applicable): Date(s) ofCodicil(s) (if applicable): Date of probate (if different from date Letters granted): Was a bond required? DYes IZj No If yes, state amount: Are proofs of advertising of the grant of Letters attached? ......... IZI Yes D No Dates of advertising ofthe grant of Letters: SENTINEL-DEe. 5, 12, 19,2007 CUMBERLAND LAW JOURNAL NOVEMBER 30, DECEMBER 7, 14,2007 Form DC-01 rev. 10.13.06 Page 2 of 10 Estate of VINCENT WAYNE OSW AL T , Deceased 3. Was decedent survived by a spouse? ............................. IZIYes DNo If yes, name of the surviving spouse: ELLEN M. OSW AL T 4. Has the surviving spouse filed to take an elective share? ............. DYes IZI No (See Section 2201 et seq. of the Probate. Estates and Fiduciaries Code) If yes, date of election: 5. In the case of an intestacy, state the names of the decedent's surviving children or surviving issue of deceased children (if none, so state): CHAD DOUGLAS OSW AL T JENNIFER L. ROSARIO 6. Did decedent marry after execution of Will or Codicil(s)? . . . . . . . . . .. DYes IZI No Were any children born to decedent after execution of Will or Codicil(s)? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . DYes IZI No If yes, give names and dates of birth: Name: Date of Birth: 7. If required by the Medical Assistance Estate Recovery Act, 62 P.S. S 1412, was a request for a statement of claim sent to the Department of Public Welfare? ............................. . (ZIYes 0 No Form DC-01 rev. 10.13.06 Page 3 of 10 Estate of VINCENT WAYNE OSW AL T , Deceased 8. Written notice of the Audit as required by Pa. O.C. Rules 6.3, 6.7 and 6.8 has been or will be given to all parties in interest listed in item 9 below, all unpaid creditors and all claimants listed in item 10 below. In addition, notice of any questions requiring Adjudication as discussed in item 14 below has been or will be given to all persons affected thereby. A. If Notice has been given, attach a copy of the Notice as well as a list ofthe names and addresses of the parties receiving such Notice. B. If Notice is yet to be given, a copy of the Notice as well as a list of the names and addresses of the parties receiving such Notice shall be submitted at the Audit together with a statement executed by a Petitioner or counsel certifying that such notice has been given. C. If any person entitled to Notice is not sui juris (e.g., minors or incapacitated persons), Notice of the Audit has been or will be given to the appropriate representative on such party's behalf as required by Pa. O.c. Rule 5.2. D. If any charitable interest is involved, Notice ofthe Audit has been or will also be given to the Attorney General as required under Pa. O.C. Rule 5.5. In addition, the Attorney General's clearance certificate (or proof of service of Notice and a copy of such Notice) must be submitted herewith or at the Audit. 9. List all parties (charitable and non-charitable) of whom Petitioner(s) has/have notice or knowledge, having or claiming any interest in the estate as beneficiaries under the Will or Codicil(s) or as intestate heirs if there is a complete or partial intestacy: A. State each party's relationship to the decedent and the nature of each party's interest( s): Name and Address of Each Party in Interest Relationshin and Comments, if any Interest JENNIFER ROSARIO DAUGHTER 25% 73 WEST ENTERPRISE ST GLEN LYON PA 18617 CHAD DOUGLAS OSWALT SON 25% 5238 E. TRINDLE RD MECHANICSBURG P A 17055 Form DC-Ol rev. 10.13.06 Page 4 of 10 Estate of VINCENT WAYNE OSWALT , Deceased Name and Address of Each Party in Interest Relationshiv and Comments, if anv Interest ELLEN M. OSWALT 250 BERNHEISEL BRIDGE ROAD CARLISLE, P A 17013 SPOUSE 50% B. Identify each party who is not sui juris (e.g., minors or incapacitated persons). For each such party, give date of birth, the name of each Guardian and how each Guardian was appointed. If no Guardian has been appointed, identify the next of kin of such party, giving the name, address and relationship of each. NONE C. State why a Petition for Guardian/Trustee Ad Litem has or has not been filed for this Audit ({Jee Pa. o.c. Rule 12.4). D. If distribution is to be made to the personal representative of a deceased party, state date of death, date and place of grant of Letters and type of Letters granted. Form DC-OJ rev. JO.13.06 Page 5 of 10 Estate of VINCENT WAYNE OSWALT , Deceased 10. Other than the claim for the family exemption, list the names of all known claimants and the amount of their claims and state whether each claim is admitted. Name and Address of Each Claimant Amount of Claim Claim Will Claim Admitted? Be Paid In Full? DYes DYes DNo DNo DYes DYes DNo DNo DYes DYes DNo DNo DYes DYes DNo DNo If the estate is insolvent, attach a schedule setting forth the order of preference under 20 Pa.C.S. S 3392 and the proposed payments. Was family exemption allowed? (ZIYes (ZIYes DNo DNo 11. Was family exemption claimed? Family exemption claimant's name and relationship: Name: ELLEN M. OSW AL T Relationship: SPOUSE Form OC-OI rev. 10.13.06 Page 6 of 10 Estate of VINCENT WAYNE OSW AL T , Deceased 12. The amount of Pennsylvania Transfer Inheritance Tax and additional Pennsylvania Estate Tax paid, the date(s) ofpayment(s), and the interest(s) upon which paid, are as follows: Date Payment Interest JANUARY 3, 2008 747.25 13. On the date of death, was the decedent a fiduciary (personal representative, trustee, guardian, agent under power of attorney) or surety on the bond ofa fiduciary? ..... . . . . . . . . . . . . . . DYes IZI No If yes, provide the name of the estate, indicate whether an account has been filed and confirmed absolutely and all awards performed, or, in the alternative, how the decedent's estate will be discharged for the decedent's fiduciary administration ofthe estate. 14. A. Describe in detail any questions requiring adjudication and state the position ofthe Petitioner(s) as to each question: B. Has notice ofthe question requiring adjudication been given to the parties identified in Paragraph 9 above? .................. DYes 0 No 15. IfPetitioner(s) haslhave knowledge that a share has been assigned, renounced, disclaimed or attached, provide a copy of the assignment, renunciation, disclaimer or attachment, together with any relevant supporting documentation. Form OC-OJ rev. 10.13.06 Page 7 of 10 Estate of VINCENT WAYNE OSW AL T , Deceased Wherefore, your Petitioner(s) ask(s) that distribution be awarded to the parties entitled and suggest(s) that the distributive shares of income and principal (residuary shares being stated in proportions, not amounts) are as follows: A. Income: Proposed Distributee(s) Amount/Proportion B. Principal: Proposed Distributee(s) Amount/Proportion ELLEN M. OSWALT REAL ESTATE CHAD DOUGLAS OSW AL T 25% RESIDUAL JENNIFER L. ROSARIO 25% RESIDUAL Submitted By: (All petitioners must sign. Add additional lines ifnecessary): lfh..,) "111 (j ,L)u/dY- Name of Petitioner: ELLEN M. OSWALT Name of Petitioner: Form OC-01 rev. 10.13.06 Page 9 of 10 /" / " CUMBERLAND LAW JOURNAL 32 SOUTH BEDFORD STREET CARLISLE, PA 17013 December 14, 2007 Cumberland Law Journal is published every Friday by the Cumberland County Bar Association and is designated by the Court of Common Pleas as the official legal publication for Cumberland County and the legal newspaper for publication of legal notices. TO: Matthew A. McKnight., Esquire Vincent Wayne Oswalt Estate RE: Legal advertisements must be received by Friday Noon. All legal advertising must be paid in advance. Make all checks payable to: Cumberland Law Journal. --------------------------------------------------------------------- --------------------------------------------------------------------- Advertisement inserted on following dates: November 30, December 7, and December 14, 2007 Advertising Cost 75.00 Proof of Publication $ 0.00 Second Proof Request $ 0.00 Payment received $ 75.00 Total Amount Due $ 0.00 -------- --------- Becky H. Morgenthal, Executive Director Estate of VINCENT WAYNE OSWALT , Deceased Verification of Petitioner (Verification must be by at least one petitioner.) The undersigned hereby verifies * [that he/she SHE of the above-named name of corporation ESTATE is title ADMINISTRATOR and] that the facts set forth in the foregoing Petition for Adjudication / Statement of Proposed Distribution which are within the personal knowledge of the Petitioner are true, and as to facts based on the information of others, the Petitioner, after diligent inquiry, believes them to be true; and that any false statements herein are made subject to the penalties of 18 Pa. C.S. ~ 4904 (relating to unsworn falsification to authorities). ~li&~ 7n (j ~A-'aL-i Signature of Petitioner * Corporate petitioners must complete bracketed information. Certification of Counsel The undersigned counsel hereby certifies that the foregoing Petition for Adjudication! Statement of Proposed Distribution is a true and accurate reproduction of the form Petition authorized by the Supreme Court, and that no changes to the form have been made beyond the responses herein. ~~'t) . Signature of Counsel for Petitioner Form DC-OJ rev. 10.13.06 Page 10 of 10 REMITTANCE ADDRESS THE SENTINEL - LEGAL P.O. BOX 130, CARLISLE, PA 17013 AD NUM~BEY I CLASS $40374 10 PUBLIC NOTICES AD DESCRIPTION NOTICE LETTERS OF PUBLICA TION 3 THE SENTINEL - LEGAL TOTAL AD CHARGE ADMINISTRATION H INSERTIONS RA TE 3 LGL RETAIN THIS PORTION FOR YOUR RECORDS I BILL TO IRWIN & MCKNIGHT SALESPERSON BILLING DATE andej 12/19/07 START DATE 12/05/07 NET AMOUNT 143.64 143.64 LINES 36 * 2 STOP DATE 12/19/07 GROSS AMOUNT 3 PROOF OF PUBLICATION 01PRF 7.00 DAYS RUN PURCHASE ORDER Vincent Oswalt PAY THIS AMOUNT 150.64 180.77* " AFTER 01/18/08 MESSAGE: Tlank you for advertising with The Sentinel. DEadlines for in-column legal advertisements: Monday is Friday at 1 a.m.; Tuesday is Friday at 4 p.m.; Wednesday is Monday at 12 Noon; Ttursday is Tuesday at 12 Noon; Friday is wednesday at 12 Noon; Sunday if: Thursday at 12 Noon. If you have any questions regarding your Legal bill please call Tcmmy Shoemaker 717-240-7176 Fax your legals to 717-243-3754 attention Tammy Shoemaker Yeu can also EMAIL yourlegaltoClassifiedads:classified@cumberlink.com Please send a cover letter including your name and address as an attachment