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Home My WebLink About05-12-08 (7) () IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, p5,iS3 ORPHAN'S COURT DIVISION ; : ~ =12 () I'c-~ FILE NO.: 21-06-1109 _ ~s:i-n _ ,.::..J,J ',j.J ;.': FIRST AND FINAL ACCOUNT OF Hershey Trust Company, Executor For I I I i I EST tE OF GENEVIEVE W. CASTRODALE, DECEASED Date of Death: Date of Incapacity, if any: Date of Executor's Appointment Date of First Complete Advertisement Accounting for the period 11/26/2006 None 01/01/2007 01/01/2007 01/16/2007 to 03/14/2008 Purpose of Ace unt: The Executor offers this Account to acquaint inter sted parties with the transactions that have occurred durin the Administration of the Estate. It is important t~t the Account be carefully examined. Requests for add it onal information, questions or objections can be disc sed with: i Lisa Piergallini Trust Officer Hershey Trust Company 100 Mansion Road, East PO Box 445 Hershey, PA 17033 717-520-1126 1 ::) -n r-.3 <=:) c:~ = ::JJ:: :t>- -< ::0 :::r:l rn n'IC) C;JC) f~~~ :.lj c.:) N -0 :],:,: !'V \..0 ~ SUMMARY OF ACCOUNT Page PR NCIPAL eceipts 2 $354,695.54 et Gain (or Loss) on Sales or ther Dispositions 2 576.24 $355,271.78 ss Disbursements: De!bts of Decedent 3 $705.47 Funeral Expenses 3 1,897.02 Administration Expenses 3 1,549.40 Family Exemption 3 0.00 Federal, State, & Local Taxes 3 13,192.15 Fees and Commissions 3 6,000.00 23,344.04 lance before Distributions $331,927.74 stributions to Beneficiaries 4 199,999.99 P incilpal Balance on Hand 4 $131,927.75 F r Information: Investments Made 4 Changes in Holdings 4 5 $19,069.67 L ss Disbursements 5 953.48 B lance Before Distributions $18,116.19 D stributions to Beneficiaries 5 0.00 In ome Balance on Hand 5 18,116.19 CO BINED BALANCE ON HAND $150,043.94 V rific:ation 7 2 RECEIPTS OF PRINCIPAL As ets Listed in Invento (V lued as of Date of Death) Real Estate Bonds 11/2E5/2006 Adams County National Bank Certificate #3998916 accrued interest to date of death $1,581.32 22.96 Common Stock 1 /2El/2006 40 shs MetLife Inc. Corp. Common Stock dividend payable 12/15/06 2,325.63 23.60 Mutual Funds 1 /26/2006 39 units Common Trust Fund- Equity REIT 1 /26/2006 26 units Common Trust Fund- Value Equity 1 /26/2006 315 units Common Trust Fund- Fixed Income 11,255.63 11,162.50 314,790.34 Personal Effects $341,161.98 Cash 1 /26/2006 Temporary Investment Fund accrued interest to date of death 1 /26/2006 Various refunds $8,307.80 34.74 438.55 $349,943.07 3 AD USTMENTS TO INVENTORY 0.00 0.00 SU SEQUENT RECEIPTS o 116>12007 Cash deposit- life insurance proceeds o 115>12007 United States Treasury - 2006 federal individual income tax refund TOTAL PRINCIPAL RECEIPTS 4 $4,722.47 30.00 $354,695.54 PRINCIPAL GAINS AND LOSSES ON SALES OR OTHER DISPOSITIONS Gain Loss 2/07/2006 39 units Common Trust Fund - Equity REIT Net Proceeds $11,349.16 Fiduciary Acquisition Value 11,255.63 93.53 12/0?/2006 315 units Common Trust Fund - Fixed Income Net Proceeds 315,044.04 Fiduciary Acquisition Value 314,790.34 253.70 1 /0?/2006 26 units Common Trust Fund - Value Equity Net Proceeds 11,214.46 Fiduciary Acquisition Value 11 ,162.50 51.96 o /1 EI/2007 Adams County National Bank Certificate #3998916 Net Proceeds 1,581.32 Fiduciary Acquisition Value 1,581.32 0.00 o /28/2007 40 shs MetLife Inc Net Proceeds 2,502.68 Fiduciary Acquisition Value 2,325.63 177.05 TOTALS $576.24 $0.00 NET GAIN TRANSFERRED TO SUMMARY $576.24 5 DISBURSEMENTS OF PRINCIPAL De ts of Decedent 1/29/2006 Hershey Trust Company - fiduciary fees due 10/31/06 2/21/2006 Continuing Care Rx - pharmacy expenses 4/10/2007 PA Department of Revenue - balance due 2006 state individual income tax return inistration EXDenses /14/2006 Register of Wills, Cumberland County - probate fees 1 /28/2006 Hershey Trust Company - fiduciary fee due 11/30/06 o /16/2007 Wake County Register of Deeds- certified copies of death certificate The Patriot News- advertising fee Hershey Trust Company - fiduciary fee due 12/31/06 Hershey Trust Company - fiduciary fee due 1/31/07 Cumberland Law Journal- advertising fee Hershey Trust Company - fiduciary fee due 2/28/07 Hershey Trust Company - fiduciary fee due 3/31/07 Hershey Trust Company - fiduciary fee due 4/30/07 Hershey Trust Company - fiduciary fee due 5/31/07 Hershey Trust Company - fiduciary fee due 6/30/07 Register of Wills - PA Inheritance Tax filing fee Miscellaneous filing fees Fed ral. State. & Local Taxes o /22/2007 Register of Wills, Agent- PA Inheritance Tax prepayment o /06/2007 Register of Wills, Agent- PA Inheritance Tax Fee and Commissons 1 /12/2007 Hershey Trust Company, Executor's Fee 1 1212007 Robert R. Black - legal services fee TOTAL DISBURSEMENTS OF PRINCIPAL 6 $295.98 402.49 7.00 705.47 1,897.02 1,897.02 445.00 296.35 20.00 293.22 296.56 12.70 75.00 0.82 2.92 2.92 2.95 2.96 15.00 83.00 1,549.40 0.00 12,300.00 892.15 13,192.15 5,000.00 1,000.00 6,000.00 $23,344.04 DISTRIBUTIONS OF PRINCIPAL TO BENEFICIARIES 0/12/2007 Salvation Army of Carlisle- partial distribution of charitable bequest under Item IVa. of the Last Will and Testament 0/12/2007 Green Ridge Village - partial distribution of charitable bequest under Item IVa. of the Last Will & Testament 0/12/2007 Big Spring Presbyterian Church- partial distribution of charitable bequest under Item IVa. of the Last Will and Testament 0/12/2007 Anne Golovin - partial distribution of bequest under Item IVc. of the Last Will & Testament 0/1.2/2007 Genevieve C. Carpenter - partial distribution of bequest under Item IV. of the Last Will & Testament 0/12/2007 Emily M. Castrodale - partial distribution of bequest under Item IVd.. of the Last Will & Testament 10/12/2007 Anne Castrodale Dugan - partial distribution of bequest under Item IVd.. of the Last Will & Testament 10/12/2007 Reid Wilson Castrodale - partial distribution of bequest under Item IVd.. of the Last Will & Testament TOTAL DISTRIBUTIONS OF PRINCIPAL TO BENEFICIARIES 7 $14,112.00 2,944.00 2,944.00 70,000.00 70,000.00 13,333.33 13,333.33 13,333.33 199,999.99 $199,999.99 Re I Estate Co man Stocks Mut al Funds NO E Per onal Effects Cas and temporary investments PRINCIPAL BALANCE ON HAND Current Value 03/14/2008 Fiduciary Acquisition Value $0.00 $0.00 131,927.75 131,927.75 $131,927.75 $131,927.75 TOT L PRINCIPAL BALANCE ON HAND 8 PRINCIPAL INVESTMENTS MADE Units of Temporary Investment Fund were purchased or redeemed as funds were available or required. 9 0.00 1/26/2007 1/16/2007 1/213/2006 2/0"l/2006 1 /26/2006 1 /07'/2006 1 /26/2006 1 /07/2006 1 /26/2006 o /28/2007 CHANGES IN PRINCIPAL HOLDINGS ACCOUNT VALUE Adams County National Bank Certificate #3998919 1,581.32 Certificate - Inventoried at: (1,581.32) certficate - Redeemed $1,581.32 (1,581.32) 0.00 0.00 Common Trust Fund - Eauity REIT 39 units - Inventoried at: (39) units - Sold $11,255.63 (11,255.63) o units 0.00 Common Trust Fund - Value Eauitv 26 units - Inventoried at: (26) units - Sold $11,162.50 (11,162.50) o units 0.00 Common Trust Fund - Fixed Income 315 units - Inventoried at: (315) units - Sold $314,790.34 (314,790.34) o units 0.00 Met Life I nc 40 shs - Inventoried at: (40) shs - Sold $2,325.63 (2,325.63) o shs 0.00 10 RECEIPTS OF INCOME C< mmon Trust Fund - Fixed Income 12/7/06 - 315 units - monthly distribution $1,306.29 1,306.29 12.73 12.73 33.30 33.30 6.95 1,238.95 1,526.62 1,384.66 1,510.82 1,476.95 1,531.32 1,487.44 1,543.86 1,507.85 1,498.68 922.85 559.99 562.85 534.50 423.06 17,717.35 Cdnmon Trust Fund - Value Eauitv 12/7/06 - 26 units - monthly distribution Co llmon Trust Fund - Eauitv REIT 12/7/06 - 39 units - monthly distribution Te hoorary Investment Fund 12/1/06 Interest 1/2/07 Interest 2/1/07 Interest 3/1/07 Interest 4/2/07 Interest 5/1/07 Interest 6/1/07 Interest 7/1/07 Interest 8/1/07 Interest 9/4/07 Interest 10/1/07 Interest 11/1/07 Interest 12/3/07 Interest 1/2/08 Interest 2/1/08 Interest 3/1/08 Interest Total Income Receipts $19,069.67 11 DISBURSEMENTS OF INCOME $953.48 953.48 Hershey Trust Company, income commission 12 None DISTRIBUTIONS OF INCOME TO BENEFICIARIES $0.00 0.00 $0.00 13 C sh and temporary investments BALANCE OF INCOME ON HAND Current Value 03/14/2008 Fiduciary Acquisition Value $18,116.19 $18,116.19 $18,116.19 $18,116.19 Lisa Piergallini, Trust Officer Hershey Trust Company, Executor of the Will of Genevieve W. Castrodale Estate 14 VERI FICA TION Lisa Piergallini, Trust Officer, Executor of the Will of Genevieve W. C strodale, deceased, hereby declares under oath that she has fully and faithfully discharged the dies of her office; that the foregoing First and Final Account is true and correct and fully di closes all significant transactions occurring during the accounting period; that all known cI ims against the Estate have been paid in full; that, to her knowledge, there are no claims o standing against the Estate; that all taxes presently due from the Estate have been paid; a d that the grant of Letters Testamentary and the first complete advertisement thereof o urHd more than four months before the filing of the foregoing First and Final Account. This statement is made subject to penalties of 18 Pa. C.S.A. Section 4 04 relating to unsworn falsification to authorities. " Lisa Piergallini, Trust Officer Hershey Trust Company, Executor o ted: 171 uJ,,- 1 if (}-IJ?J ~ I 15 PROPOSED DISTRIBUTIONS TO BENEFICIARIES Current Value 03/14/2008 Fiduciary Acquisition Value P INCIPAL: Per ITEM IV of Genevieve W. Castrodale Last Will & Testament TO: Genevieve C. Carpenter Cash $46,174.71 $46,174.71 TO: Anne C. Golovin Cash 46,174.71 46,174.71 TO: Anne Castrodale Dugan Cash 8,795.18 8,795.18 TO: Reid Wilson Castrodale Cash 8,795.18 8,795.18 TO: Emily M. Castrodale Cash 8,795.19 8,795.19 TO: Big Spring Presybeterian Church Cash 2,056.00 2,056.00 TO: Green Ridge Village Cash 2,056.00 2,056.00 TO: Salvation Army of Carlisle Cash 9,080.78 9,080.78 $131,927.75 $131,927.75 INC ME: TO: Genevieve C. Carpenter Cash $6,340.66 $6,340.66 TO: Anne C. Golovin Cash 6,340.66 6,340.66 TO: Anne Castrodale Dugan Cash 1,207.75 1,207.75 16 TO: Reid Wilson Castrodale Cash 1,207.75 1,207.75 TO: Emily M. Castrodale Cash 1,207.75 1,207.75 TO: Big Spring Presbyterian Church Cash 289.86 289.86 TO: Green Ridge Village 289.86 289.86 Cash TO: Salvation Army of Carlisle 1,231.90 1,231.90 Cash $18,116.19 $18,116.19 Total Distribution $150,043.94 $150,043.94 17