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HomeMy WebLinkAbout01-23-09 (3) RECEIPT AND RELEASE WHEREAS, Doris B. Hamsher, late of Mechanicsburg Borough, County of Cumberland and Commonwealth of Pennsylvania, died on November 23, 2007 having first made her Last Will and Testament in writing probated before the Register of Wills of said Cumberland County on December 7, 2007, and Letters Testamentary were issued on the same date to Gail H. True, 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, Gail H. True, LAW OFFICES SNELB AKER Nf BRENNEMAN, P.C. Kristin Noel True Runyon and Philip Michael Hamsher True, 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 thecxttach~ O ° account and Statement of Proposed Distribution, and ~~.~d ~1e Fame to be true and correct, and in 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 Gail H. True, Executrix of the Estate of Doris B. Hamsher, the cash 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 Doris B. Hamsher, Deceased. NOW, THEREFORE, we, and each of us, the said Gail H. True, Kristin Noel True Runyon and Philip Michael Hamsher True, do by these presents, remise, release, quit-claim and forever discharge the said Gail H. True, 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 IAW OFFICES SNELBAKER 8f z 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 without the aid of such Court of Common Pleas - Orphans' Court Division, that we, and each of us, the said Gail H. True, Kristin Noel True Runyon and Philip Michael Hamsher True, 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 Executrix such amounts thereof as may be necessary to pay such debts or demands. /~ITNESoED BY: IN WITNESS WHEREOF, we have hereunto set our hands and seals this }S~ day of~CV~C~009. ~, ~" ~ ~ ~ I ~~~"'J``~ ~tx-~.L 7J- /,aa~.e_ __ ( SEAL ) Gail True .-~ ~c~~ ~~ -~~ ~ ~~_ ~' (SEAL) Kristin Noel True R nyon ~- ~ (SEAL) P ilip Micha amsher True 3 LAW OFFICES SNELB AKER SL BRENNEMA N. P.C. COMMONWEALTH OF PENNSYLVANIA) SS. COUNTY OF CUMBERLAND) On this the (J-i"r1 day of~ill~~~~'~Q~ 2009, before me, a Notary Public in and for said State and County, the undersigned officer, personally appeared Gail H. True and Philip Michael Hamsher True, known to me (or satisfactorily proven) to be the persons whose names are subscribed to the within instrument and acknowledged that they executed the same for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. ~- Notary Public COMMONWEALTH OF Pr?PINSYLVANIA Na :r ~3 Seal Sandra K „ Mviars, Noh+ry Public Medianicsburg L,t o Cumbc : nd Crwnry My Cornet cslrn tx~air'es fQa/ 22, 2C^.11 Member, Penn>,fvenl.~. Aesaeiat;on efof Ilptaries LAW OFFICES SNELaAKER Rt 4 BRENNEMAN, P. C. COMMONWEALTH OF PENNSYLVANIA) COUNTY OF l.(:l/Y(~,E'~l~a~C~ ~ SS. On this the ~l~'1 day of ~i.l~_{(~~y/ 2009, before me, a (Notary Public in and for said State and County, the undersigned officer, personally appeared Kristin Noel True Runyon, 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. Notary Public GT'.v,~,~~ a ~'+ P.. + dSY9..I,JANi,4 s r~ , "ubfic oVle_._... _. :, ~•~ isiii GnRnty ~~ r i ~^ ^•a;19 Mere ZtE~ .'u n..r r: o£ Ncia;,es LAW OFFICES SNELBAKER Rf 5 BRENNEMAN, P.G. ESTATE NO. 21-07-1115 FIRST AND FINAL ACCOUNT AND STATEMENT OF PROPOSED DISTRIBUTION OF AND BY GAIL H. TRUE, EXECUTRIX OF THE ESTATE AND UNDER THE LAST WILL AND TESTAMENT OF DORIS B. HAMSHER, DECEASED, LATE OF MECHANICSBURG BOROUGH, CUMBERLAND COUNTY, PENNSYLVANIA ail H. True, Executrix as aforesaid and Accountant herein, avers as follows: DATE OF DECEDENT'S DEATH: November 23, 2007 DATE LETTERS TESTAMENTARY ISSUED: December 7, 2007 DATES EXECUTOR NOTICE ADVERTISED Cumberland Law Journal December 21, 28, 2007 & January 4, 2008 Patriot-News December 19, 26, 2007 & January 2, 2008 FIRST AND FINAL ACCOUNT PERSONALTY -PRINCIPAL ACCOUNT DEBITS uw o~rices SNELBAKER St BREN NEMAN, P.C. he Accountant charges herself with the receipt of the following items of Decedent's Personalty valued as of the date of Decedent's death: 1. 2008 Economic Stimulus payment 2. AAA, subscriber refund 3. AARP, refund 4. Erie Insurance, refund unused premium 5. Fulton Financial Advisors, distributions from Trust and IRA account 6. Fulton Financial Advisors Deed of Trust, account #41-F301-01-8 7. Household goods sold at public auction 8. Internal Revenue Service, refund on 2007 Final Individual Income Tax Return 9. Member's First Federal Credit Union, Certificate of Deposit, #253176-45 10, Member's First Federal Credit Union, Certificate of Deposit, #253176-42 11. Member's First Federal Credit Union, Certificate of Deposit, #253176-41 12. Member's First Federal Credit Union, Certificate of Deposit, #253176-40 13. Member's First Federal Credit Union, Savings account, #253176-00 14. PA Department of Revenue, refund on 2007 Final Individual Tax Return 15. Patriot-News, subscriber refund 16. Pennsylvania State Bank, Certificate of Deposit, #9150012955 17. Pennsylvania Treasury Department, pension payments 18. PNC Bank, N.A., Checking account, #5070080061 19. Riversource Life Insurance Co., refund unused premium ?0. Sovereign Bank, Certificate of Deposit, #1685505834 ?1. Sovereign Bank, Certificate of Deposit, #1685358630 !2. Sovereign Bank, Certificate of Deposit, #1685312769 !3. Sovereign Bank, Money Market Account, #1684067030 !4. Sovereign Bank, Checking account, #1681710552 'S. Travelers checks, cash found in residence 6. Wachovia Securities, LLC, brokerage account, #4018-4486 600.00 35.00 13.99 127.00 1,489.00 408,191.33 5,727.50 4,117.00 5,014.89 10,029.78 20,058.95 10,025.13 303.95 649.00 35.00 10,036.55 346.54 1,621.19 1,132.24 10,029.70 6,017.82 12,039.29 39,026.29 2,407.26 370.00 126,686.16 Paqe 1 27. Commonwealth of PA, refund on Inheritance tax 28. Fulton Financial Advisors, IRA distribution 78.85 29. Verizon, refund 289.00 30. Claremont, refund 0.02 31. Comcast, refund 109.66 TOTAL, PERSONALTY, PRINCIPAL ACCOUNT DEBITS: 2.56 , $ 676,610.75 PERSONALTY -PRINCIPAL ACCOUNT CREDITS The Accountant claims credit for the payment of the following items from Decedent's Personalty Account: 1. Fulton Financial Advisors, reimburse IRA payment made in error 2. Comcast Cable, cable TV service $ 289.00 3. PNC Bank, check number 2982 written by decedent 9.44 4. PNC Bank, check number 2990 written by decedent 25.00 5. Gail True, reimbursement for postage and trash ba s 50.00 g 6. Gail True, reimbursement for postage 18.84 7. Wachovia Securities, fee for date of death balances 12.57 8. Gail True, reimbursement for postage 25.00 9. Gail True, reimbursement for jewel a raisal 5.25 ry pp 10. Gail True, reimbursement for lunch paid for auction workers and travel 55.00 for Philip from Colorado 650.00 11. Gail True, reimbursement for payment to Gingrich Memorials 12. Register of Wills, Agent, estimated Inheritance Tax payment 270.00 13. Register of Wills, Agent, Inheritance Tax 30,000.00 14. Register of Wills, filing fee for Inheritance Tax return 7,565.20 15. Malpezzi Funeral Home, funeral services 15.00 16. Gail True, reimbursement for payment of credit card debt funeral luncheon 10,117.19 , , funeral flowers, security box, Verizon wireless and Verizon 548.07 17. Bricker's Auction, commission on sale of household goods 1 2 710 50 8. Register of Wills, additional probate fee , . 19. Snelbaker & Brenneman, P.C., attorney services 350.00 20. Snelbaker 8 Brenneman, P.C., costs advanced: 10,000.00 a. Cumberland Law Journal, advertising Executrix notice 574.3C b. Patriot-News, advertising Executrix notice 75.00 149 30 c. Register of Wills, probate fees . 350 00 21. Reserve for filing fees, accounting fees and other costs . associated with the administration of Decedent's Estate 1,000.00 TOTAL, PERSONALTY, PRINCIPAL ACCOUNT, CREDITS: $ 64 2 , 90.36 PERSONALTY -INCOME ACCOUNT DEBITS he Accountant charges herself with the receipt of the following income from the investment of Personalty Principal: 1. Member's First Federal Credit Union, CD #253176-42, interest $ 46 2. Member's First Federal Credit Union, CD #253176-45 interest .15 , 3. Member's First Federal Credit Union, CD #253176-40 interest 23.08 , LAW OFFICES 4. Member's First Federal Credit Union, CD #253176-41 interest 38.95 , SNELBAKER 8L 5. Member's First Federal Credit Union, savings account, #253176-00, interest BRE"NEMAN P.C 6 P 91.38 0 29 . . . ennsylvania State Bank, CD#9150012955, interest . 49.19 Page 2 7. Wachovia Securities, dividends 8. Fulton Financial Advisors, Deed of Trust, account #41-F301-01-S net gain 9. , PNC Bank, checking account, #5070080061 interest 5,684.52 10. , Sovereign Bank, checking account #1681710552 interest 0.21 11. , Sovereign Bank, Certificate of Deposit, #1685505834 0.10 12. Sovereign Bank, Certificate of Deposit, #1685358630 25.12 13. Sovereign Bank, Certificate of Deposit, #1685312769 15.13 14. Sovereign Bank, Money Market Account, #1684067030 33.27 15. Wachovia Securities, LLC, brokerage account #4018-4486 net loss 63.49 16. , Wachovia Bank, estate money market accounts interest -4,299.74 17. , Commerce Bank, estate money market account interest 1,295.07 18. , Graystone Bank, estate checking account interest 3,255.44 , TOTAL, PERSONALTY, INCOME ACCOUNT DEBITS: 4,133.64 , $ 12,033.62 PERSONALTY -INCOME ACCOUNT CREDITS ie Accountant claims credit for the payment of the following items from the Personalty Principal Account: 1. United States Treasury, 2007 estimated tax payment 2. PA Department of Revenue, 2007 estimated tax payment $ 2,250.00 3. Hess and Hess, CPA, income tax preparations 340.00 4. United States Treasury, fiduciary income tax due 355.00 5. PA Department of Revenue fiducia inco t d 101.00 , ry me ax ue TOTAL, PERSONALTY, INCOME ACCOUNT CREDITS: 14.00 , $ 3,060.00 REAL ESTATE -PRINCIPAL ACCOUNT DEBITS ~e Accountant charges herself with the receipt of Decedent's Real Estate as follows: 1. Property known and numbered as 405 East Coover Street, Mechanicsburg $ 138,000.00 Borough, Cumberland County, Mechanicsburg, PA, sale value 2. Adjustment at settlement for City and County taxes 276.52 TOTAL, REAL ESTATE, PRINCIPAL ACCOUNT, DEBITS: $ 138,276.52 REAL ESTATE -PRINCIPAL ACCOUNT CREDITS he Accountant claims credit for the payment of the following items from Real Estate Principal Account: 1. Untied Water, water service 2. Gail True, reimbursement for utilities and l bi $ 13.78 3. p um ng repairs Gail True, reimbursement for utilities expenses 266.21 4. Gail True, reimbursement for utilities expenses and Home Paramount 122 78 5. Gail True, reimbursement for utilities ex e 284 07 6. p nses Gail True, reimbursement for utilities ex 150.00 7. penses Gail True, reimbursement for utilities expenses 175 29 8. Gail True, reimbursement for utilities ex 62.00 LAw o~ices 9. penses PPL Electric, electric service 77 97 SNELBAKER EC 10. Gail True, reimbursement for utilities expenses 45.71 BRENNBMAN, P.C. 11. RSR Appraisers and Analysts, real estate appraisal 13.78 350.00 Page 3 12. Barry L. Heckard, real estate taxes 13. Settlement charges for transfer tax and tax certification fee TOTAL, REAL ESTATE, PRINCIPAL ACCOUNT, CREDITS: REAL ESTATE -INCOME ACCOUNT DEBITS 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 At BRENNEMAN, P.C. Accountant claims credit for the payment of the following items from the Real Estate Income Account: TOTAL, REAL ESTATE, INCOME ACCOUNT, CREDITS: 553.03 1,385.00 $ 3,499.62 $ NONE $ NONE $ NONE $ NONE Page 4 RECAPITULATION PRINCIPAL ACCOUNT: Debits Credits Balance INCOME ACCOUNT: Debits Credits Balance TOTAL PERSONALTY PRINCIPAL ACCOUNT: Debits Credits Balance INCOME ACCOUNT: Debits Credits Balance TOTAL REAL ESTATE: $ 676,610.75 $ 64,290.36 $ 612,320.39 $ 12,033.62 $ 3,060.00 $ 8,973.62 $ 621,294.01 $ 138,276.52 $ 3,499.62 $ 134,776.90 $ NONE $ NONE $ NONE $ 134,776.90 $ 756,070.91 LAW OFFICES SNELBAKER S[ BREN NEMAN, P.C. Page 5 STATEMENT OF PROPOSED DISTRIBUTION uw o~ices SNELBAKER & BRENNE MAN, P. C. Gail H. True, Executrix and Accountant herein, proposes to >tribute the balance of the Estate of Doris B. Hamsher, Deceased, to wit: 756,070.91 in accordance with the Last Will and Testament of said Decedent follows: Gail H. True 50% of residue as per Item B1 of Will Kristin Noel True Runyon 25% of residue as per Item B2 of Will Philip Michael Hamsher True 25% of residue as per Item B2 of Will AL FOR DISTRIBUTION: $ 378,035.45 189,017.73 189,017.73 $ 756,070.91 Page 6 COMMONWEALTH OF PENNSYLVANIA SS: COUNTY OF CUMBERLAND Gail H. True, 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 Doris B. Hamsher, 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. ,d-u,z 7/ r.~. Gail H. True Executrix and Accountant Sworn to and subscribed before me this d~. day po~~lr7lC~t, 2009 '~~! ~c~,lca, ~~ Notary Public ~ COMMONWEALTH OF PENNSYLVANIA nlotan , Sandra K Stmes2 y Public MechanicsbLiro rn ~ ~..: t:ind Cnunty My Commis., ... , e., ; t sv. 22, 2011 Member, Pennsylv~ria Association of Notaries LAW OFFICES SN ELB AKER Ef BR ENNEMAN, P.C. Page 7