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HomeMy WebLinkAbout04-08-09T ~ ,. ~ r; . _. . 209 APR -S PM 3~ 09 ~ -i •,~ CLE~1i\ t/I~ ORFH~~!' ~'O~.JRT COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA ORPHANS" COURT DIVISION NO. 21-08-00203 ------------------------------------------------------------------------------ ESTATE OF ANGELINE M KITNER, DECEASED Late of Cumberland County, PA ------------------------------------------------------------------------------ FAMILY SETTLEMENT AGREEMENT AND RELEASE OF RODNEY W KITNER, EXECUTOR Date of Death: February l 3, 2008 Letters Granted: February 26, 2008 First Complete Advertisement of Grant of Letters: March 29, 2008 Account stated to: January 28, 2009 Tricia D. Naylor, Esq. 104 South Hanover Street Carlisle, PA 17013 (7l 7) 243-7437 AGREEMENT TO INDEMNIFY, RECEIPT, AND RELEASE THIS AGREEMENT, by and among Rodney W Kitner, Executor of the Estate of Angeline M Kitner, Deceased and Rodney W Kitner, Judy Ann Turner, Samantha Moore and Jesse A. Pennabaker. WHEREAS, Angeline M Kitner died February 13, 2008, testate, a resident of Cumberland County, Pennsylvania: and WHEREAS, the Last Will and Testament of Angeline M Kitner dated January 4, 2008, was duly probated in the Office of the Register of Wills of Cumberland County, Pennsylvania as appears of record at Number 21-08-0203 (a copy of the Will is attached hereto and marked Exhibit A); and WHEREAS, Letters Testamentary were issued to Rodney W Kitner on February 26, 2008; and WHEREAS, said Executor has duly administered the estate according to the laws of the Commonwealth of Pennsylvania; and WHEREAS, in ITEM 3 of her Will, decedent gives and devises her real estate known as 3144 Spring Road, Carlisle, PA to her grandson JESSE A. PENNABAKER. WHEREAS, in ITEM 4 of her Will, decedent gives, devised and bequeaths all the rest, residue and remainder of her estate of whatsoever nature and wheresoever situate as follows: A. Sixty percent (60%) of her residuary estate shall be distributed equally to her granddaughter SAMANTHA MOORS and her grandson JESSE A. PENNABAKER or their survivor. B. Forty percent (40%) of her residuary estate shall be distributed equally to her children RODNEY W. KITNER and JUDY ANN TURNER or their survivor. WHEREAS, all beneficiaries listed above are still living WHEREAS, Rodney W Kitner, Judy Ann Turner, Samantha Moore and Jesse A. Pennabaker have been furnished with a complete listing of the estate assets, receipts and disbursements; and WHEREAS, it is the desire of the parties to this Agreement that final distribution of this estate be accomplished without a formal accounting to the Orphans' Court Division of the Court of Common Pleas of Cumberland County, it being the desire of the parties to avoid the expense, delay and publicity of a formal accounting. NOW, THEREFORE, in consideration of the mutual promises, covenants and agreements recited herein, the parties do agree as follows: Rodney W Kitner, Judy Ann Turner, Samantha Moore and Jesse A. Pennabaker do hereby release and forever discharge Rodney W Kitner, Executor, from any and all liability which he had or may have or which may from time to time arise in connection with his service as Executor of the Estate of Angeline M Kitner, Deceased, and hereby authorize and request the Orphans' Court Division to charge the same against his share of said estate, and in consideration for said distribution, hereby agree to refund any amounts so distributed which may be required to fully discharge any tax liability of the estate, debts of the decedent, or administration expenses. 2. Each party to this Agreement acknowledges that this Agreement shall be indexed and recorded in the estate proceedings and that the terms hereof shall be binding upon their respective heirs, successors, Executors, administrators and assigns. This Agreement shall be governed by the laws of the Commonwealth of Pennsylvania. ~~p r ~ \ , 2009. .~-~ . Rodney W Ki ,Beneficiary Samantha Moore.,~en iq~iary e A. Penna~aker, Beneficiary 0 ------- J y Turner, Beneficiary ~. ._i