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HomeMy WebLinkAbout07-18-081N THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA T[~ RE: ESTATE OF ORPHANS' COURT DIVISION ROBERT J. ASHENFELDER, II, DECEASED No. 21-07-0213 ESTATE SETTLEMENT AGREEMENT filed on behalf of ERIN R. CLARK, EXECUTRIX Counsel of Record for this Party: S. Berne Smith, Esquire PA I.D. #07254 107 N. 24th Street Camp Hill, PA 17011-3602 (717) 737-6789 dt:3 `~ '::1~'-'-i~'r~V`lil~ ~•~ ;•~,J3 i~ i Z ~~I ~ 8 ! ~i ~;' ~~~Z 1 ~~ ESTATE SETTLEMENT AGREEMENT This is an AGREEMENT by and between ERIN R. CLARK, individually and as Executrix of the Estate of ROBERT J. ASHENFELDER, II, Deceased, and the beneficiaries, hereinafter set forth, who covenant and agree as follows: WITNESSETH WHEREAS, ROBERT J. ASHENFELDER, II, died February 13, 2007, having left his Last Will and Testament dated March 25, 1999, which was duly admitted to probate by the Register of Wills of Cumberland County at the above number and term March 7, 2007; and WHEREAS, Erin R. Clark has been duly appointed as Executrix of the Estate of ROBERT J. ASHENFELDER, II, Deceased; and WHEREAS, the parties in interest under the Last Will and Testament of ROBERT ASHENFELDER, II, Deceased, are: Name: Erin Reilly Clark Matthew David Ashenfelder Elizabeth Anne Ashenfelder General Council of Assemblies of God Address: 125 Aspen Drive, Dillsburg, PA 17019 100 E. Portland St., Mechanicsburg, PA 17055 1130 Waterford, Camp Hill, PA 17011 1445 N. Boonville Ave., Springfield, MO 65802- 1894 WHEREAS, ROBERT J. ASHENFELDER, II, Deceased, was not survived by a spouse; and WHEREAS, the only specific bequest was to the Assemblies of God, and that bequest has been fulfilled and the receipt of the Church is attached hereto; and WHEREAS, each of the residuary beneficiary parties to this Agreement has been kept filly apprised of the estate's probate and non-probate assets, receipts and disbursements, and has received an interim distribution and is aware of the final distribution still to be made; and they have n~o questions with respect thereto; and WHEREAS, it is the desire of the parties to this Agreement that final distribution of the estate be accomplished without a formal accounting to the Orphans' Court Division of the Court of Common Pleas of Cumberland County, it being the desire of the parties to avoid the expense, delay and publicity of a formal accounting; and WHEREAS, the parties to this Agreement desire that the Estate be closed; 2 IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA 1N RE: ESTATE OF ORPHANS' COURT DIVISION ROBERT J. ASHENFELDER, II, DECEASED No. 21-07-0213 RECEIPT FOR DISTRIBUTION AND AGREEMENT FOR INDEMNIFICATION OF EXECUTRIX TO THE HONORABLE, THE JUDGES OF SAID COURT: The Assemblies of God Foundation, authorized agent for the General Council of the Assemblies of God, Springfield, MO, being beneficially interested in the above titled estate, hereby acknowledges to have received from Erin R. Clark, Executrix of the Estate of Robert .1. Ashenfelder, II, Deceased, Three Thousand Dollars ($3,000.00) paid in November, 2007, in full satisfaction of the bequest made to it in the Will of Robert J. Ashenfelder, II, Deceased, and requests Your Honorable Court to charge the same to it in any Decree of Distribution to be entered in said Estate. In consideration of this distribution being made prior to the filing and audit of a Final ,Account, the Church hereby agrees to refund on demand, all or any part of this distribution which may be determined to have been improperly made. It further acknowledges that the distribution made is in full payment of the distribution to which it is entitled under the Will of lZobert J. Ashenfelder, II, Deceased; and does further agree to indemnify and hold harmless said Erin R. Clark, Executrix, from any and all liability which may arise against the Estate from creditors or other claimants to the extent of the distribution made to it. This release and c.leclaration shall be made part of the final, informal or formal settlement or account of the Estate proceedings and indexed and recorded as such, and it shall be binding upon the church's successors, administrators, and assigns, and governed by the laws of the Commonwealth of Pennsylvania. S~ Signed, sealed and dated this o2 ~ day of ~ ~y~pPrY , 2007. BENEFICIARY: ASSEMBLIES OF GOD FOUNDATION, authorized agent For the General Council of the Assemblies of God By ` (Seal) William A. , Jr., Vice President NOW, THEREFORE, in consideration of the mutual promises, covenants and agreements recited herein the parties agree as follows: 1. Each of the parties to this Agreement does hereby release and forever discharge Erin R. Clark, Executrix, from any and all liability which may from time to time arise in co~rmection with her service as Executrix of the Estate of ROBERT J. ASHENFELDER, II, Deceased. The parties do further agree to indemnify and hold harmless Erin R. Clark, Executrix, from any and all liability which may arise against the estate from creditors or other claimants. 2. Each party to this Agreement acknowledges that this Agreement shall be indexed and recorded in the estate proceedings and that the terms hereof shall be binding upon their re:>pective heirs, successors, administrators, and assigns. This Agreement shall be governed by the laws of the Commonwealth of Pennsylvania. Dated as of May ~~ , 2008. WITNESS: ~~ WITNESS: WITNESS: VV • ~ I y ~\i~l ~Ul/ ~/Y I/ Erin R. Clark, Executrix & Beneficiary Matthew David Ashenfelder, Benefi iary Eliza eth Anne Ashenfeld r, Beneficiary