Loading...
HomeMy WebLinkAbout10-03-08 (3)• RECEIPT AND RELEASE WHEREAS, Alma Louise Kraly, late of Upper Allen Township, County of Cumberland and Commonwealth of Pennsylvania, died on December 22, 2006, having first made her Last Will and Testament in writing probated before the Register of Wills of said Cumberland County on February 27, 2007, and Letters Testamentary were issued on the same date to Frances Joyce Banis, the Executrix named in the Last Will and Testament of said Decedent; and WHEREAS, said Executrix has entered upon and completed her administration of said Decedent's Estate as set forth in her First and Final Account attached hereto, and intends to distribute the net balance of the assets of said Estate to the persons named in the Statement of Proposed Distribution also attached hereto, both of said documents being incorporated herein by reference thereto; and NOW KNOW ALL MEN BY THESE PRESENTS, that we, Willard Clark LAW OFFICES SNELBAKER EC BRENNEMAN, P.C. Hamer and Frances Joyce Banis, being the principal legatees and distributees named in the Will of said Decedent and the persons entitled to share in the residuary distribution of the Estate of said Decedent, do hereby declare and say that we,c~and ea of us, have examined the attached Account and Statement of~ ~o 0 p~ed -- Distribution, and find the same to be true and correct, ~Y'id in _ -, ~ - ~, - -' e 1 ~ ~~ J =y N Ilstrict accordance with the terms and provisions of said Will, and Iwe do hereby acknowledge that we, and each of us, this day have, had and received of and from Frances Joyce Banis, E~;ecutrix of the Estate of Alma Louise Kraly, the cash/personalty set opposite our names in the above Statement of Proposed Distribution, in full satisfaction, payment and discharge of all such. sum or sums of money, legacies and bequests, share or shares, purports and dividends which were due, owing and payable and belonging to us, and each of us, by any means whatsoever, for or on account of our full share, part or dividend of the Estate of Alma Louise Kraly, 'Deceased. NOW, THEREFORE, we, and each of us, the said Willard Clark Hamer and Frances Joyce Banis, do by these presents, remise, release, quit-claim and forever discharge the said Frances Joyce Banis, her heirs, executors and administrators, of and from our said shares or dividends of the Estate aforesaid, and of and from all actions, suits, payments, accounts, reckonings, claims and demands whatsoever, for or by reason thereof, or of any act, matter, cause or thing whatsoever, from the beginning of the world to the day and date of these presents. AND, desiring to avoid the delay and expense of the settlement of said Estate by filing the foregoing Account of said administration in the Office of the Register of Wills of said Cumberland County and by having the balance in the hands of the Executrix, as shown by said Account, distributed by the Court of LAW OFFICES II SNELBAKER SC 2 BRENNEMAN, P.C. Common Pleas of Cumberland County - Orphans' Court Division, we, and each of us, do hereby agree that the foregoing Account and Statement concerning the matter of settlement may be recorded (with the same effect upon us, and each of us, as if the same had been reported upon by said Court, in a decree of distribution made on such proposed Statement of Distribution by the said Court of Common Pleas - Orphans' Court Division. AND in consideration of the aforesaid settlement being made `v~iti-iJi;it l-iC icA of :~Lillii Cvur~ Vf l.JilllTlCiIi i'leaS - Orphans' l,OUrt Division, that we, and each of us, the said Willard Clark Hamer and Frances Joyce Banis, do hereby agree that if any debts or demands other than those included in the above referenced First and Final Account, as hereinbefore set forth, shall be hereafter recovered against the Estate of said Decedent and be legally payable out of the same, that we, and each of us, wi=L1 return to the said Executrix such amounts thereof as may be necessary to pay such debts or demands. IN WITNESS WHEREOF, we have hereunto set our hands and seals this day of 2008 WITNESSED BY: Willard Clark Hamer ~ti '~~ SEAL ) Frances yc Banis LAW OFFICES II SNELBAKER 8C 3 BRENNEMAN, P.C. 'COMMONWEALTH OF PENNSYLVANIA) COUNTY O F Ct~+aQ;~~iz t,d~ ) On this the 22 Nn day of SS. ~~~i~., 2008, before me, a Notary Public in and for said State and County, the undersigned officer, personally appeared Willard Clark Hamer, known to me (or satisfactorily 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. ,~ _ Notary Public ClJMMONWEALTH OF PENNSYLVANIA Notarial Seal Kevin A White, Notary Public Silver Spring Twp., Ctxrtberland County My Commission E~irea Jan.10,2012 Member, Pennsylvania Association df Notaries LAW OFFICES II SNELBAKER SC 4 BRENNEMAN, F.C. COMMONWEALTH OF PENNSYLVANIA) SS. COUNTY OF CUMBERLAND ) On this the ~ 51~~ day of Sp~,•~Q+~,~Q~. 2008, before me, a Notary Public in and for said State and County, the undersigned officer, personally appeared Frances Joyce Banis, known to me (or satisfactorily 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 . ~rn~ ~ ~ Notary Public COMMONWEAi_T`t~ irP PENNSYLVANIA Notarial S~~! Sandra K. Shcxhn~ru,, Mary Public Mechanicsburg P;~r~,. c,;;;;~rtxattand County My Commi~.~k:~ `~~iras> Ncv. 22, 2071 Member, Pennsyiv~naa As~racla3icrn ~?f Notaries LAW OFFICES II SNELBAKER EC cJ BRENNEMAN, F.C. ESTATE NO. 21-07-0184 FIRST AND FINAL ACCOUNT AND STATEMENT OF PROPOSED DISTRIBUTION OF AND BY FRANCES JOYCE BANIS, EXECUTRIX OF THE ESTATE AND UNDER THE LAST WILL AND TESTAMENT OF ALMA LOUISE KRALY, DECEASED, LATE OF UPPER ALLEN TOWNSHIP, CUMBERLAND COUNTY, PENNSYLVANIA Frances Joyce Banis, Executrix as aforesaid and Accountant herein, avers as follows: DATE OF DECEDENT'S DEATH: December 22, 2006 DATE LETTERS TESTAMENTARY ISSUED: February 27,2007 DATES EXECUTOR NOTICE ADVERTISED: Cumberland Law Journal N/A Patriot-News N/A FIRST AND FINAL ACCOUNT PERSONALTY -PRINCIPAL ACCOUNT DEBITS The Accountant charges herself with the receipt of the following items of Decedent's Personalty valued as of the date of Decedent's death: 1. Prudential Financial, Inc., 35 shares common stock valued at $85.66 per share 2. Reader's Digest, subscription refund 3. Hospice, refund on medical services 4. Various refunds due the Decedent for merchandise purchased by the Decedent and subscription refunds 5. Fulton Bank, checking account #3623-00118 6. Union Central, annuity #A14731722C 7. Shirley Maxwell, repayment of prior gift 8. Commonwealth of Pennsylvania, refund on Inheritance Tax 9. Adjustment on accounting for unknown difference TOTAL, PERSONALTY, PRINCIPAL ACCOUNT, DEBITS: PERSONALTY -PRINCIPAL ACCOUNT CREDITS LAW OFFICES SNELBAKER BC BRENNEMAN, P.C. The Accountant claims credit for the payment of the following items from Decedent's Personalty Account: 1. Hospice, medical services 2. Spirit Physicians Services, medical services 3. Register of Wills, Agent, Inheritance Tax payment 4. Register of Wills, filing fee for Inheritance Tax return 5. Loss on sale of Prudential Financial, Inc. stock 6. Francis Joyce Banis, payment of family exemption 7. Snelbaker & Brenneman, P.C., attorney services 8. Snelbaker & Brenneman, P.C., costs advanced: a. Register of Wills, probate fee b. Register of Wills, short certificates 106.00 12.00 $ 2,998.10 84.94 1, 000.00 319.88 9,795.38 5, 994.16 50.00 172.03 9.02 $ 20,423.51 $ 2,000.00 64.10 2,420.29 15.00 335.95 3, 500.00 4, 000.00 127.00 Page 1 c. Vital Records, death certificate for Harry L. Kraly 9. Reserve for filing fees, accounting fees and other costs associated with the administration of Decedent's Estate TOTAL, PERSONALTY, PRINCIPAL ACCOUNT, CREDITS: PERSONALTY -INCOME ACCOUNT DEBITS The Accountant charges herself with the receipt of the following income from the investment of Personalty Principal: 1. Prudential Financial, Inc., dividend 2. Union Central, annuity #A14731722C, interest on direct access account 3. Fulton Bank, checking account #3623-00118, interest TOTAL, PERSONALTY, INCOME ACCOUNT, DEBITS: PERSONALTY -INCOME ACCOUNT CREDITS The Accountant claims credit for the payment of the following items from the Personalty Principal Account: 1. U.S. Treasury, 2006 Final Income Tax TOTAL, PERSONALTY, INCOME ACCOUNT, CREDITS: REAL ESTATE -PRINCIPAL ACCOUNT DEBITS The Accountant charges herself with the receipt of Decedent's Real Estate as follows: TOTAL, REAL ESTATE, PRINCIPAL ACCOUNT, DEBITS: REAL ESTATE -PRINCIPAL ACCOUNT CREDITS The Accountant claims credit for the payment of the following items from Real Estate Principal Account: TOTAL, REAL ESTATE, PRINCIPAL ACCOUNT, CREDITS: REAL ESTATE -INCOME ACCOUNT DEBITS The Accountant charges herself with the receipt of the income from the investment of Real Estate Principal Account: TOTAL, REAL ESTATE, INCOME ACCOUNT, DEBITS: REAL ESTATE -INCOME ACCOUNT CREDITS LAW OFFICES SNELBAKER 8f BRENNEMAN, P.C. the Accountant claims credit for the payment of the following items from the Real Estate Income Account: TOTAL, REAL ESTATE, INCOME ACCOUNT, CREDITS: 9.00 1,000.00 $ 13,462.34 $ 40.25 222.87 41.20 $ 304.32 $ 1,046.00 $ 1, 046.00 $ NONE $ NONE $ NONE $ NONE $ NONE $ NONE $ NONE $ NONE Page 2 RECAPITULATION LAW OFFICES SNELBAKER 8C BRENNEMAN, P.C. PERSONALTY: PRINCIPAL ACCOUNT: Debits Credits Balance INCOME ACCOUNT: Debits Credits Balance TOTAL PERSONALTY REAL ESTATE: PRINCIPAL ACCOUNT: Debits Credits Balance INCOME ACCOUNT: Debits Credits Balance TOTAL REAL ESTATE: TOTAL FOR DISTRIBUTION• $ 20,423.51 $ 13,462.34 $ 6,961.17 $ 304.32 $ 1, 046.00 $ (741.68) $ 6,219.49 $ NONE $ NONE $ NONE $ NONE $ NONE $ NONE N AI/lA I[" $ 6,219.49 Page 3 STATEMENT OF PROPOSED DISTRIBUTION Frances Joyce Banis, Executrix and Accountant herein, proposes to distribute the balance of the Estate of Alma Louise Kraly, Deceased, to wit: $ 6.219.49 in accordance with the Last Will and Testament of said Decedent as follows: Willard Clark Hamer $ 3,109.75 1/2 of residue as per Item Fourth of Will Cash 3,109.75 Frances Joyce Banis 3,109.74 1/2 of residue as per Item Fourth of Will Advance distribution (Hospice Refund) 1,000.00 Cash 2,109.74 LAW OFFICES SNELBAKER SG BRENNEMAN, P.C. TOTAL FOR DISTRIBUTION: 6,219.49 Page 4 COMMONWEALTH OF PENNSYLVANIA SS: COUNTY OF CUMBERLAND Frances Joyce Banis, being duly sworn according to law deposes and says: that she is the Executrix of the Estate and under the Last Will and Testament of Alma Louise Kraly, Deceased, and the Accountant herein; that there are no unpaid creditors or claimants of said Estate; that there are no persons interested in the distribution of said Estate other than as stated in the foregoing Statement of Proposed Distribution; and that the facts set forth in the foregoing First and Final Account and Statement of Proposed Distribution are true and correct to the best of her knowledge, information and belief. Fra es Joyce Banis Executrix and Accountant Sworn to and subscribed before me this (~~ day of ~Q~7 QM~jeiL•~ 2008 c~c~~a ~` Notary Public Cl7MMONWI=~LTH K3F PENNSYLVANIA Notarial Beal Sandra K Stxrnmrs, Notary Public Mechanicsburg E7o:x;, ~umta~land Courriy My Commission E~irc~ Nov. 22, 2x11 Member, Pee~nsyivania Assr~ciation of Notaries LAW OFFICES SNELBAKER SC BRENNEMAN, P.C. Page 5