HomeMy WebLinkAbout12-17-08ANNUAL REPORT OF GUARDIAN
OF THE ESTATE
COURT OF COMMON PLEAS OF
CUMBERLAND COUNTY, PENNSYLVANIA
ORPHANS' COURT DIVISION
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Estate of Howard J. Taylor (deceased), an Incapacitated Person No. 21-06-043,8'
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Virginia M, Taylor , an Incapacitated Person
Estate of 7
No. 21-6~-~43~
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Keystone Guardianship Service ,was appcSi;nted
C~r''~lenary ~ Limited Guardian of the Estate by Decree of M.L. Ebert Jr. , J.,
dated 10!9!07
~A. This is the Annual Report for the period from October 10 , 2007
to October 31 2008 (the "Report Period"); or
~J B. This is the Final Report for the period from
to (the "Report Period"), and is filed
for the following reason:
1. The death of the Incapacitated Person. Date of death:
Name of Personal Representative:
2. The Guardianship was terminated by the Court by Decree of
J., dated
Page 1 of 5
Estate of Howard J. Taylor (deceased), an Incapacitated Person No. 21-06-0435
Estate of Virginia M, Taylor , an Incapacitated Person No. 21-06-0436
II. SUMMARY
A. State the value of the estate reported on the Inventory $251,710.44
B. State the value(s) of income and principal assets at the
beginning of the Report Period. (Same as Inventory if first
otherwise, ending balance from last Report.)
Principal $254,578.19
Income $ .00
C. What is the total amount income earned during the $36,031.28
Report Period?
D. What is the total amount of income and principal -$153,480.65
spent for all purposes during the Report Period?
E. Additional Principal received $30,695.00
Metropolitan Life -death benefit - $8,000.00
Prudential Financial-death benefit- $20,000.00
Refund from Holy Spirit Hospital - $2,695.00
F. Adjustments to Principal -$11,160.00
Gifted car to son - $6,290.00
Used Harold's burial reserve - $4,870.00
G. What are the balances remaining at the end of the Report
Period?
1. Principal $145,698.72
2. Income $ 10,965.10
3. Total of Principal and Income $156,663.82
III. ADDITIONAL INFORMATION
A. Principal
1. How is the principal balance listed above currently invested?
(Please specify, e.g., real estate, certificates of deposit,
restricted bank accounts, etc.):
PNC checking $8,652.86
PNC savings $54,845.46
Masonic Resident fund $133.08
Burial Trust $4,810.00
Monumental Life Insurance $51,856.44
Ameritrade $25,400.88
Total Principal Balance $145,698.72
Page 2 of 5
Estate of Howard J. Taylor (deceased), an Incapacitated Person
Estate of Virginia M, Taylor , an Incapacitated Person
2. How is income currently invested? (Please
specify, e.g., restricted bank accounts, client
care account, etc.):
N/A
Total Income Balance
C. Expenses for Care and Maintenance
Specify what expenditures were made from the principal and
income for the care and maintenance of the Incapacitated
Person (e.g., clothing, nursing home, medicine, support, etc.):
Masonic Village
Bouquet Mulligan Eye Professionals
Cheryl Watson -clothes purchase
Total Expenses for Care and Maintenance
D. Other Expenditures
Specify what other expenditures were made during the Report
Period. (Do not include any items stated in response to question C ove.)
AARP
Allstate
Belco Visa
Constance Stoneroad
Custer & Faust
Keystone Guardianship -costs
HT&T
Latsha Davis Yohe & McKenna
Penndot
PNC Bank
Resident Fund
Storage Depot
Verizon Benefit Center
Total for Other Expenditures
E. Guardian's Commissions
List amounts of compensation paid as Guardian's commission
and state how amount was determined:
Amount Method of Determination
$5,668.00 Fees - $60 per hour
No. 21-06-0435
No. 21-06-0436
$140,669.88
$226.00
$1,016.43
$141,912.31
$12.50
$50.45
$466.50
$20.00
$100.00
$570.57
$12.00
$1,272.17
$28.50
$57.98
$351.96
$1,339.40
$1,618.31
$5,900.34
Court
Approval Obtained
Yes ] No
Page 4 of 5
Estate of Howard J. Taylor (deceased), an Incapacitated Person No. 21-06-0435
Estate of Virginia M, Taylor , an Incapacitated Person No. 21-06-0436
2. Have there been any expenditures from the principal
during the Report Period? ................................................
If yes:
a. Have all expenditures from the principal been for
the sole benefit of the Incapacitated Person?
b. List purpose and amount of expenditures:
All principal used is transferred to Income.
Total transfers for this period is $128,414.47
c. Was Court approval received prior to
expending the principal? .................
............ ~ Yes I~ No
........ ~~' Yes !~ No
.. Yes No
3. Were additional principal assets received during the
Report Period which were not included in the
Inventory or a prior Report filed for the Estate? .......................... Yes Ji No
If yes:
a. Was Court approval requested prior to
receiving the additional principal? ......
b. State the sources and amounts of the
additional principal received:
Metropolitan Life -death benefit
Prudential Financial-death benefit
Refund from Holy Spirit Hospital
Total
B. Income
1. State sources and amounts of income received during
the Report Period (e.g., Social Security, pension, rents,
etc.):
Interest
Social Security
US Treasury
Verizon Pension
Refunds/gifts
Total income received during Report Period:
_ Yes ~No
$8,000.00
$20,000.00
$2,695.00
$30,695.00
$2,180.22
$19,263.00
$1,180.00
$13,127.44
$274.58
$36,025.24
Page 3 of 5
Estate of Howard J. Taylor (deceased), an Incapacitated Person
Estate of Virginia M, Taylor , an Incapacitated Person
No. 21-06-0435
No. 21-06-0436
F. Counsel Fee
List amounts paid as counsel fee, and indicate whether Court approval was obtained.
Court
Amount
Approval Obtained
Yes ~ No
~~ Yes ~ No
I verify that the foregoing information is correct to the best of my knowledge,
information and belief, and that this Verification is subject to the penalties of 18 Pa.C.S. § 4904
relative to unsworn falsification to authorities.
Date
~~
~It'Z
S ature of Guardian of the Estate
Constance E. Stoneroad
Name of Guardian of the Estate (type or print)
512. Market Street
Address
Millersburg, Pa 17061
City, State, Zip
717-692-1320 or717-692-2345
Telephone
Notes:
The $30,695.00 of additional principal assets received were discovered after the original inventory report
was filed.