HomeMy WebLinkAbout09-11-08 (2)IN RE:
ESTATE OF KATHRYN
KAUFHOLD,
Deceased
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IN THE COURT OF COMMON PLEAS
OF CUMBERLAND COUNTY,
PENNSYLVANIA
ORPHAN'S COURT DIVISION
NO. 21-07-0705
FIRST AND FINAL ACCOUNT OF
Jeffery Tinsman, Executor
For
ESTATE OF KATHRYN KAUFHOLD, Deceased
Date of Death:
Date of Executor's Appointment:
Accounting for the Period:
July 13, 2007
July 25, 2007
July 13, 2007 to August 1, 2008
Purpose of Account: Jeffery Tinsman, Executor, offers this account to acquaint interested parties
with the transactions that have occurred during his administration.
The account also indicates the proposed distribution of the estate.
It is important that the account be carefully examined. Requests for additional information or
questions or objections can be discussed with:
Thomas S. Beckley, Esquire
BECKLEY & MADDEN
212 North Third Street
Post Office Box 11998
Harrisburg
Pennsylvania 17108 --
,
(717) 233-7691 ~
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SUMMARY OF ACCOUNT
Proposed Distribution to Beneficiaries
Principal
Receipts
Net Gain (or Loss) on Sales or Other
Disposition
Less Disbursements:
Debts of Decedent
Funeral Expenses
Administration Expenses
Federal and State Taxes
Fees and Commissions
Balance Before Distributions
Distributions to Beneficiaries
Principal Balance on Hand
For Information:
Investments Made
Changes in Investment Holdings
Income
Receipts
Less Disbursements
Balance Before Distribution
Distributions to Beneficiaries
Income Balance on Hand
Combined Balance on Hand
Current
Page Value
1,067.027.80
3-4 $1,434,247.50
- 0.00
$1,434,247.50
4 $ 26,918.00
4 9,712.71
4 620.54
5 110,877.52
5 101,783.22
249,911.99
- $ 1,184,335.51
5-6 150,078.00
6 $ 1.,034,257.51
- 0.00
- 0.00
6-7 $ 32,770.29
7 0.00
- $ 32,770.29
7 0.00
7 32,770.29
7 1,067,027.80
Proposed Distributions 8
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ti
RECEIPTS OF PRINCIPAL
Value
Cash:
8/9/07 Sovereign Account $ 4,100.66
8/14/07 Sovereign Account 4,434.45
8/28/07 Merrill Lynch Account 950,088.00
9/5/07 Merrill Lynch Account 1,736.35
10/1/07 Harrisburg Diocese Account 19,112.89
10/9/07 Jackson National Life
Insurance Company 117,920.48
10/1.8/07 Bank fee refund 54.68
10/26/07 Merrill Lynch Account .04
11 /21 /07 Fort Dearborn Life
Insurance Company 61,890.28
9/19/07 Franklin Templeton 107,488.98
10/15/07 Refund -Utility 73.37
1/24/08 Refund - Safeco Ins. 199.04
7/ 16/08 IRS Refund 3,144.73
7/23/08 IRS Rebate Check 600.00
Cash held by Jeffery Tinsman 20,326.00
for Decedent
State System of Higher Education 5,000.00
Bond
Subtotal: $1,296,169.50
Real Property:
318 North Front Street
Wormlesyburg, PA 17043 $136,160.00
Subtotal: $136,160.00
Personal Property:
Miscellaneous personal
Property (per appraisal) $1,918.00
Subtotal: $1,918.00
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Total
DISBURSEMENTS OF PRINCIPAL
8/5/07
8/5/07
9/3/07
9/ 18/07
9/30/07
10/ 10/07
10/10/07
10/ 12/07
10/ 15/07
4/ 15/08
1 /28/08
Subtotal:
8/7/07
11 / 10/07
Subtotal:
4/2/07
9/6/07
11 /10/07
11/10/07
12/3/07
12/5/07
12/13/07
Subtotal:
Debts of Decedent
Camp Hill Fire Dept. $ 696.00
Camp Hill Emergency Physicians 21.49
Public School Employees'
Retirement System (reimbursement) 2,156.63
PP&L 23 5.84
Vision Health Care (caretakers) 6,500.00
PA Water 691.12
PA Water 250.22
Wormleysburg (sewer/trash) 230.00
AT&T (phone bill) 47.98
US Treasury (2006 income tax) 7,465.00
US Treasury (2005 income tax) 8,623.72
Funeral Expenses
Neumeyer Funeral Home
Neumeyer Funeral Home
Evans Memorial (foot stone)
Administration Expenses
Got Junk (trash removal)
Bank Charge
PP&L
Bank Fee
UGI
PP&L
UGI
$26,918.00
$ 452.71
$ 8,865.00
$ 395.00
$9,712.71
175.00
125.00
95.11
33.00
85.98
31.37
75.08
$620.54
$1434,247.50
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Federal and State Taxes
10/7/07 Register of Wills Agent
(inheritance taxes) $105,000.00
12/10/07 Register of Wills Agent
(inheritance taxes) 2,612.69
4/15/08 PA Department of Revenue
(Fiduciary 2007 taxes) 600.00
4/15/08 PA Department of Revenue
(Final 2007 taxes) 847.95
4/15/08 US Treasury
(2007 Federal Taxes) 1,816.88
Subtotal: $110,877.52
Fees and Commissions
11/20/07 Jeffery Tinsman -Executor's fee 50,000.00
12/1.0/07 Beckley & Madden -Legal Fees 45,000.00
Reserves:
Costs:
Register of Wills 900.00
Cumberland County
Law Journal 75.00
Patriot-News 293.22
Claude C. Wolfe (appraiser) 175.00
Photocopying 175.00
Postage 100.00
Telephone Tolls 10.00
Recorder of Deeds 40.00
Register of Wills 15.00
Estimated Closing Costs 5,000.00
Subtotal: $101,783.22
Total Disbursements $249,911.99
DISTRIBUTIONS OF PRINCIPAL TO BENEFICIARIES
Specific Bequests:
10/1/07 Pastor/St. Patrick's Cathedral $ 1,000.00
10/9/07 Elizabeth Miller $ 1,000.00
-s-
10/10/07 Edmund Madden
Subtotal:
Jeffery and Elizabeth Tinsman:
Real property located at 318 North Front Street
Wormleysburg, Pennsylvania
Miscellaneous personal
Property (per appraisal)
Subtotal:
$lo,ooo.oo
$12,000.00
$136,160.00
$1,918.00
$1.38,078.00
Total Distributions $150,078.00
PRINCIPAL BALANCE ON HAND
Cash $1,034,257.51
Total Principal Balance $1.034.257.51
RECEIPTS OF INCOME
Merrill Lynch Money Market Account
8/31/07 Interest $ 261.50
9/27/07 Interest $2,404.82
10/30/07 Interest $4,132.73
11 /30/U7 Interest $4,386.16
12/31 /07 Interest $3,794.68
1 /31 /08 Interest $2,737.09
2/29/08 Interest $2,502.98
3/31 /08 Interest $3,079.02
4/30/08 Interest $2,556.91
5/31/08 Interest $2,315.04
6/30/08 Interest $2,249.83
7/30/08 Interest $1,987.03
Subtotal: $32,407.79
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Bank of New York Bond
2/5/08 Bank of New York (bond) $362.50
Subtotal: $362.50
Total Receipts
DISBURSEMENTS OF INCOME
INCOME BALANCE ON HAND
Total Income on Hand
DISTRIBUTIONS OF INCOME TO BENEFICIARIES
Total Disbursements
COMBINED BALANCE ON HAND
Combined Balance on Hand
3 770.29
$ 0
32 770.29
$ 0.00
~ 1.067027.80
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PROPOSED DISTRIBUTION TO BENEFICIARIES
In satisfaction of gifts Will:
TO: Diocese of Harrisburg $288,032.20
(to be used for Bishop McDevitt High School)
TO: Diocese of Harrisburg $288,032.20
(to be used for the Cathedral School)
TO: Jeffery and Elizabeth Tinsman $490,963.40
Total Distribution
1.067.027.80
-s-
JEFFERY TINSMAN, Executor under the Last Will and Testament of KATHRYN
KAUFHOLD, deceased, hereby declares under oath that he has fully and faithfully discharged
the duties of his office; that the foregoing First and Final Account is true and correct and fully
discloses all significant transactions occurring during the accounting period; that all known
claims against the estate have been or will be paid in full; that, to his knowledge, there are no
claims now outstanding against the Estate; and that ali taxes presently due from the estate have
been paid.
Estate of Kathryn Kaufhold, deceased
STATE OF PENNSYLVANIA
COUNTY OF DAUPHIN
~ -~
Jeffe ins ,Executor
. SS:
On this, the ~ ~ day of August, 2008, before me a Notary Public, the undersigned
officer, personally appeared JEFFERY TINSMAN, Executor of the Estate of Kathryn Kaufhold,
deceased, known to me (or satisfactorily proven) to be the person whose name is subscribed to
the within document, and acknowledged that he executed the same for the purpose therein
contained.
IN WITNESS WHEREOF, I hereunto set my hand ane~jofficial seal.
COMMON~EAI:TH OF PENNSYt-VANIA
Notarial S Notary Public
Melissa A. Wher,ey,
Hampden Twp~, Cumberland ~ 2009
My Comm Exp;res Oc
tva~ria Association o` Notaries
Member, PennsV
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