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HomeMy WebLinkAbout11-26-08 (2)RECEIPT AND RELEASE WHEREAS, Ruth K. Eckels, late of Upper Allen Township, County of Cumberland and Commonwealth of Pennsylvania, died on October 23, 2007 having first made her Last Will and Testament in writing probated before the Register of Wills of said Cumberland County on November 6, 2007, and Letters Testamentary were issued on the same date to Robert W. Hosler, the Executor named in the Last Will and Testament of said Decedent; I and WHEREAS, said Executor has entered upon and completed his administration of said Decedent's Estate as set forth in his 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, Robert W. LAW OFFICES SNELBAKER 8C BRENNEMAN, P.C. Hosler and Marilyn M. Bunner, 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, and each of us, have examined the attached Account and Statement of Proposed r''ci 1v Distribution, and find the same to be'~Jr,~~j ~a~~3-,~-erect, and in i~-, a a ! I I ,-, -, : ~,. I .,.~ ... strict accordance with the terms and provisions of said Will, and we do hereby acknowledge that we, and each of us, this day have, had and received of and from Robert W. Hosler, Executor of the Estate of Ruth K. Eckels, 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 Ruth K. Eckels, Deceased. NOW, THEREFORE, we, and each of us, the said Robert W. Hosler and Marilyn M. Bunner, do by these presents, remise, release, quit-claim and forever discharge the said Robert W. Hosler, his 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 Executor, as shown by said Account, distributed by the Court of LAW OFFICES SNELBAKER EC 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. r r 1 7\ - .-.1 i .-, . F t n n ~] }} l ~ ~ l-. n i n n m u ra o ~~.~:: ~r~ co.~aiuer~a~r:,n c,~ re afor-:.~a~:~, sc~.~~r_men~ ....y..y without the aid of such Court of Common Pleas - Orphans' Court Division, that we, and each of us, the said Robert W. Hosler and Marilyn M. Bunner 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, will return to the said Executor 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: i ~G' ~(~~~i~ ~ ~(~. obert W. Hosler (SEAL) Marily~i M. Bunner LAW OFFICES II SNELBAKER SC 3 BRENNEMAN, P.C. COMMONWEALTH OF PENNSYLVANIA) SS. COUNTY OF CUMBERLAND) ~1 On this the ~~~ day of / t~~1-~/~+~~~ 2008, before me, a Notary Public in and for said State and County, the undersigned officer, personally appeared Robert W. Hosler, 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 COMMONWEALTH OP PENNSYLVANIA ?`;coo ~r~j' :~! Sandra k `>'~ - ;- -~ ~,'=~k~~~ Public Mechanicsbzart4 .. _-,~araiand Courtly My Commis+~~~° ''+~.>:~e,;~y~ acv. 22, 2011 Member, Pennsylvania rssocietlon of Notaries LAW OFFICES II SNELBAKER 8C 4 BRENNEMAN, P.C. STATE OF FLORIDA SS. COUNTY OF ~tar~~°~-- ) , On this the ~ ~~ day of ~uc+^ bed 2008, before me, a Notary Public in and for said State and County, the undersigned officer, personally appeared Marilyn M. Bunner, known to me (or ~~~C. ~3~1~ 5S3--s~-~,~y-a satisfactorily proven) to be the person whose name is subscribed to the within instrument and acknowledged that she executed the same for the purposes therei;l contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. .+~~~~~~~., DANIEI FIGUEROA ~.=o`~ar P~m~~y Notary Public • Stete of FIo-ide . c My Commission Expires Apr 22, 2011 %? ~~ Commission i! DD 666055 '~.°; ; ;`~` ~ Bonded Through National Notary Assn. ~ C~`~ .. Notary Public LAW OFFICES SNELBAKER EC 5 BRENNEMAN, P.G. ESTATE NO. 21-07-1002 FIRST AND FINAL ACCOUNT AND STATEMENT OF PROPOSED DISTRIBUTION OF AND BY ROBERT W. NOBLER, EXECUTOR OF THE ESTATE AND UNDER THE LAST WILL AND TESTAMENT OF RUTH K. ECKELS, DECEASED, LATE OF UPPER ALLEN TOWNSHIP, CUMBERLAND COUNTY, PENNSYLVANIA Robert W. Hosler, Executor as aforesaid and Accountant herein, avers as follows: DATE OF DECEDENT'S DEATH: October 23, 2007 DATE LETTERS TESTAMENTARY ISSUED: November 6, 2007 DATES EXECUTOR NOTICE ADVERTISED: Cumberland Law Journal November 16, 23, 30, 2007 Patriot-News November 14, 21, 28, 2007 FIRST AND FINAL ACCOUNT PERSONALTY -PRINCIPAL ACCOUNT DEBITS The Accountant charges himself with the receipt of the following items of Decedent's Personalty valued as of the date of Decedent's death: 1. Manulife Financial Corp., 236 shares common stock valued at $42.82 share 2. Verizon Communications, Inc., 448 shares common stock valued at $44.59 share 3. United States Treasury Bonds, 18 EE bonds with face value of $1,000 each 4. Capital Blue Cross, refund unused premium 5. John Hancock, payment/refund unused premium 6. Messiah Village, refund on apartment 7. PNC Bank, savings account #5005134393 8. PNC Bank, certificate of deposit #31600292033 9. PNC Bank, certificate of deposit #31400274075 10. PNC Bank, certificate of deposit #31500251477 11. PNC Bank, certificate of deposit #31400210578 12. United States Treasury, 2008 Economic Stimulus payment 13. Fairmont Communications, spin-off from Verizon Communications, sale value 14. Fairmont Communications, cash in lieu of partial share of stock 15. Commonwealth of Pennsylvania, refund on Inheritance Tax 16. PNC Bank, funds from joint checking account held with Robert Hosler TOTAL, PERSONALTY, PRINCIPAL ACCOUNT, DEBITS: PERSONALTY -PRINCIPAL ACCOUNT CREDITS LAW OFFICES SNELBAKER EC BRENNEMAN. P.C. The Accountant claims credit for the payment of the following items from Decedent's Personalty Account: 1. Messiah Village, nursing care expenses 2. Messiah Village Employee Fund, Christmas fund donation 3. Malpezzi Funeral Home, Inc., funeral services $ 10,105.52 19, 976.32 20,203.20 136.40 3,760.00 41,480.00 62,956.45 23,457.20 110,487.45 33,256.30 60,097.45 300.00 62.99 3.46 39.47 8,255.70 $ 394,577.91 $ 2,074.02 100.00 3,122.31 Page 1 4. Bowmansdale Church of God, memorial for Ruth and Spencer Eckels 5. Register of Wills, estimated Inheritance Tax payment 6. Register of Wills, filing fee for Inheritance Tax return 7. Register of Wills, Agent, Inheritance Tax 8. Register of Wills, additional probate fee 9. Snelbaker & Brenneman, P.C., attorney fees 10. Snelbaker & Brenneman, P.C., costs advanced: a. Register of Wills, probate fees b. Patriot-News, advertising Executors' Notice c. Cumberland Law Journal, Executors' Notice d. Register of Wills, short certificate 11. Reserve for filing fees, accountant fees and other miscellaneous costs associated with the administration of the Estate TOTAL, PERSONALTY, PRINCIPAL ACCOUNT, CREDITS: PERSONALTY -INCOME ACCOUNT DEBITS The Accountant charges himself with the receipt of the following income from the investment of Personalty Principal: 1. PNC Bank, N.A., estate checking and money market accounts, interest 2. PNC Bank, N.A., certificates of deposit, interest 3. United States Treasury, savings bonds, interest 4. Manulife Financial Corporation, dividends 5. Verizon Communications, Inc., dividends 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 . PA Department of Revenue, 2007 Final Individual taxes 2 . Greenawalt & Company, P.C., preparation of 2007 Final Individual returns TOTAL, PERSONALTY, INCOME ACCOUNT, CREDITS: REAL ESTATE -PRINCIPAL ACCOUNT DEBITS The Accountant charges himself 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: LAW OFFICES SNELBAKER 8C BRENNEMAN, P.C. Page 2 360.00 147.90 75.00 4.00 10,000.00 15, 000.00 15.00 1, 323.84 50.00 3, 500.00 586.90 2,000.00 3/,//L.UI $ 3,070.13 681.29 813.60 195.48 577.92 $ 5,338.42 $ 97.00 395.00 $ 492.00 $ NONE $ NONE NnNF NVNt LAW OFFICES SNELBAKER EC BRENNEMAN, P.C. REAL ESTATE -INCOME ACCOUNT DEBITS The Accountant charges himself 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 The Accountant claims credit for the payment of the following items from the Real Estate Income Account: TOTAL, REAL ESTATE, INCOME ACCOUNT, CREDITS: Page 3 $ NONE $ NONE $ NONE $ NONE LAW OFFICES SNELBAKER EC BRENNEMAN, P.C. RECAPITULATION PERSONALTY: PRINCIPAL ACCOUNT: Debits C red its 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: Page 4 $ 394,577.91 $ 37,772.07 356,805.84 $ 5,338.42 $ 492.00 $ 4,846.42 $ 361,652.26 $ NONE $ NONE $ NONE $ NONE $ NONE $ NONE $ 361,652.26 STATEMENT OF PROPOSED DISTRIBUTION Robert W. Hosler, Executor and Accountant herein, proposes to distribute the balance of the Estate of Ruth K. Eckels, Deceased, to wit: $ 361,652.26 in accordance with the Last Will and Testament of said Decedent as follows: 1. Robert W. Hosler 50% of residue as per Item Second of Will 1/2/2008 Advance Distribution 1/14/2008 Advance Distribution Manulife Financial Corporation, 118 shares In-Kind Verizon Communications, Inc., 224 shares In-Kind Cash 2. Marilyn M. Bunner 50% of residue as per Item Second of Will 12/24/2007 Advance Distribution 1/8/2008 Advance Distribution Manulife Financial Corporation, 118 shares In-Kind Verizon Communications, Inc., 224 shares In-Kind Cash TOTAL FOR DISTRIBUTION: LAW OFFICES SNELBAKER EC BRENNEMAN, P.C. $ 180,826.13 50, 000.00 75,000.00 5,052.76 9,988.16 40,785.21 $ 180,826.13 50, 000.00 75,000.00 5, 052.76 9,988.16 40,785.21 Page 5 COMMONWEALTH OF PENNSYLVANIA SS: COUNTY OF CUMBERLAND Robert W. Hosler, being duly sworn according to law deposes and says: that he is the Executor of the Estate and under the Last Will and Testament of Ruth K. Eckels, 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 his knowledge, information and belief. .. obert .Hosler Executor and Accountant Sworn to and subscribed before me this ~-~ day of ~10~ ~M PQ~ 2008 ~~~ ~ Notary Public COMMONWEALTH Or F'P.4~INSYLVANIA Sandra K Shrnnrers, . ~:~" ~'ublic 6Aecilanicsbur'9 Bona, C;,;: ' `;;~~'ld Couniy My Gommics;~ ~,,..~,,~.- ,_~«^. ?2, 2011 Member, Psn~~ylv~rl~m al~aua;i~tlan a} Nohrle~ LAW OFFICES SNELBAKER 8C BRENNEMAN, P.C. Page 6