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HomeMy WebLinkAbout07-22-08 ~ n.a c'ro >O ~ ,i ~ ,-, ,~ ~ ~_ _ IN THE COURT OF COMMON PLEAS s n x_ ~..,~ ~-_ CUMBERLAND COUNTY, PENNSYLVANIA - = ~;: ~'; ~ ru _- ~ - -~-, r - ~, ~ _ 1N RE: ESTATE OF STEVEN G. DOLLINS ' `-= y" ; No.: 2008-00350 ~ `=-' PETITION FOR APPROVAL OF SETTLEMENT 1. Your Petitioner, Carolyn Dollins, is the personal representative for the Estate of Steven G. Dollins, who is the deceased father of the minors, Gage Dollins, Owen Dollins, and Taryn Dollins. 2. The minor children, Gage Dollins, was born on March 17, 2003, Owen Dollins, was born on December 12, 2006, and Taryn Dollins was born on February 8, 2008. 3. On March 3, 2008, Steven G. Dollins was killed in a motor vehicle accident. At the time of his death he was single and had three minor children, Gage Dollins, Owen Dollins, and Taryn Dollins. 4. Carolyn Dollins was appointed administratrix of the estate of Steven G. Dollins on April 2, 2008, by Glenda Farner Strasbaugh, the Register of Wills of Cumberland County. 8. All sums set forth above constitute damages on account of personal injury/wrongful death, arising from the occurrence, within the meaning of § 104 (a) (2) of the Internal Revenue Code of 1986, as amended. 9. The $50,000.00 dollars to be divided pursuant to the fee agreement as follows: A. 25% to Rominger & Associates as an attorney fee, in the amount of $12,500.00 (see attached fee agreement) B. 50% of the remaining $37,500.00 to the Estate, as the proceeds of the survival action in the amount of $18,750.00. C. 50% of the remaining $37,500.00 to the Estate, as the proceeds of the wrongful death action in the amount of $18,750.00, which will be placed in a federally insured bank or saving institution as permitted by the Rules of Civil Procedure for benefit of each of the minor children, in equal shares. 10. It is the specific intent of Petitioner in seeking Court approval as required by the Rules of Civil Procedure, since a minor is involved, that Court approval not in any way limit the rights of Petitioner to seek any other relief from any other party 11. Any and all remaining monies will be placed in a federally insured bank or saving institution as permitted by the Rules of Civil Procedure, and it is requested that the Court specifically authorize said federally insured bank or savings institution to invest the same in any federally insured vehicle and to pay income tax on behalf of the minors in said account or accounts. 13. The Department of Revenue has agreed to an allocation of 50% of the award to the wrongful death action. (See attached letter) WHEREFORE, your petitioner prays that the settlement afore referenced be approved. Respectfully submitted, ROMINGER & ASSOCIATES I~ Date: July 21, 2008 Karl E. Rominger, Esquire 155 South Hanover Street Carlisle, PA 17013 (717) 241-6070 Supreme Court ID # 81924 Attorney for Petitioner BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX DIVISION Po Box 280601 HARRISBURG, PA 17128-0601 Karl E. Rominger, Esq. Rominger & Assoc. 155 S. Hanover St. Carlisle, PA 17013 Dear Mr. Rominger: COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE WEB ADDRESS WWW.State.pa.us ~~~2 July 18, 2008 Re: Estate of Steven G. Dollins File Number: 2108-0350 Court Number: CCP Cumberland Co. No. 2008-00350 The Department of Revenue has received the Petition for Approval of Settlement Claim to be filed on behalf of the above-referenced Estate in regard to a wrongful death and survival action. It has been forwarded to this Bureau for the Commonwealth's approval of the allocation of the proceeds paid to settle the actions. Pursuant to the Petition, the decedent died as a result of a motor vehicle accident. Decedent is survived by three minor children. Please be advised that, based upon these facts and for inheritance tax purposes only, this Department has no objection to the proposed allocation of the net proceeds of this action, $ 18,750 to the wrongful death claim and $ 18,750 to the survival claim. Proceeds of a survival action are an asset included in the decedent's estate and are subject to the imposition of Pennsylvania inheritance tax. 42 Pa. C.S.A. §8302; 72 P.S. §§9106, 9107. Costs and fees must be deducted in the same percentages as the proceeds are allocated. In re Estate of Merryman, 669 A.2d 1059 (Pa. Cmwlth. 1995). I trust that this letter is a sufficient representation of the Department's position on this matter. As the Department I.as no objections to the Petition, an attorney from the Department of Revenue will not be attending any hearing regarding it. Please contact me if you or the Court has any questions or requires anything additional from this Bureau. Finally, the approval of this allocation is limited to this estate and does not reflect the position that the Department may take in any other proposed distribution of proceeds of a wrongful death/survival action. Sincerely, Holly A. McClintock Trust Valuation Specialist Inheritance Tax Division Bureau of Individual Taxes PHONE: 717-787-1794 FAX: 717-783-3467 EMAIL: hmcclintocC~state.pa.us IN THE COURT OF COMMON PLEAS CUMBERLAND COUNTY, PENNSYLVANIA IN RE: ESTATE OF STEVEN G. DOLLINS No.: 2008-003 50 CERTIFICATE OF SERVICE The same has been provided sent, addressed to responding counsel, by first class mail, as follows. Erica Conway, Claim Representative State Farm Insurance Companies Complex Claims unit P.O. Box 142 Concordville, Pennsylvania 19331 Respectfully submitted, ROMINGER & ASSOCIATES ,~ Date: July 21, 2008 Karl E. Rominger, Esquire 155 South Hanover Street Carlisle, PA 17013 (717) 241-6070 Supreme Court ID # 81924 Attorney for Petitioner IN THE COURT OF COMMON PLEAS CUMBERLAND COUNTY, PENNSYLVANIA IN RE: ESTATE OF STEVEN G. DOLLINS No.: 2008-003 50 AFFIDAVIT I hereby swear or affirm that the Foregoing is true and correct to the best of my knowledge and/or information and belief. This is made subject to the penalties of 18 Pa.C.S §4904 relating to unsworn falsification to authorities. Date: July 21, 2008 Respectfully submitted, ROMINGER & ASSOCIATES Karl E. Rominger, Esquire 155 South Hanover Street Carlisle, PA 17013 (717) 241-6070 Supreme Court ID # 81924 Attorney for Petitioner