Loading...
HomeMy WebLinkAbout06-04-09 (2)FAMILY SETTLEMENT AND FINAL RELEASE IN THE ESTATE OF LOIS J. DOWNES ESTATE NUMBER 21-08-329 KNOW ALL MEN BY THESE PRESENTS, that: WHEREAS, Lois J. Downes, late of Cumberland County, Pennsylvania, died March 6, 2008, having first made her last Will and Testament which was duly executed on March 7, 1974; and, WHEREAS, the said last Will and Testament named Donna K. Rhoads, now known as Donna K. McKeehan, Executrix of her last Will and Testament; and, WHEREAS, Letters Testamentary were duly issued by the Register of Wills of Cumberland County, Pennsylvania to Donna K. McKeehan on March 25, 2008; and, WHEREAS, the Executrix has gathered the assets of the estate of the said decedent and the assets consisted of various savings and investment accounts, to a total value of $202,336.21, as set forth in the Pennsylvania Inheritance Tax Return filed of record in this matter; and, WHEREAS, the Executrix has made advance distributions as follows: Donna K. McKeehan 25% $20,000.00 Christy L. Cohick 25% $20,000.00 Frank Cohick 25% $20,000.00 To the children of 25% $20,000.00 Charles Cohick: Megan Cohick $4,000.00 ~"~ ~~ Adam Cohick 0 ~~~ ~~ ~~ -~ ~ ' Tamara Fitzwater $4,000.00 ~ ~_ ~ ~ - ,;~. Tina Cohick $4,000.00 __ .~ = ~-= ~ ! ~ ~_ _ - Charles Cohick $4,000.00 ` ~~ ~'" ~ _ ~_ - _.. ..- W .. N , Thy WHEREAS, the debts and deductions for administrative expenses, including the payment of Pennsylvania Inheritance Tax in the said estate, have been made leaving a balance for distribution of $23,164.15; and, WHEREAS, the balance for distribution has been reduced to cash and is available for distribution in accordance with the terms of the last will and testament of the said decedent; and, NOW, THEREFORE, KNOW YE, I do hereby stipulate that in order to avoid the expense and time involved in the filing of a formal account and schedule of distribution, I agree that no account is necessary and I do hereby agree that I do consent to distribution being made in accordance with the decedent's last Will and Testament, without the filing of an account and schedule of distribution, the same to be with the same force and effect as if they had been filed and confirmed by the Orphans' Court Division of the Court of Common Pleas of Cumberland County, as follows: Donna K. McKeehan Christy L. Cohick Frank Cohick To the children of Charles Cohick: 25% $ 5,791.03 25% $ 5,791.03 25% $ 5,791.03 25% $ 5,791.03 Megan Cohick Adam Cohick Tamara Fitzwater Tina Cohick Charles Cohick $ 1,158.20 $ 5,158.20 $ 1,158.20 $ 1,158.20 $ 1,158.20 THEREFORE, I do hereby covenant and agree that should any liability come due to the estate of the said decedent after the signing of this agreement, I covenant and agree that I will pay any legally enforceable claims, demands, suits, or causes of action which may be successfully prosecuted against the said estate or the aforesaid personal representative after the signing, sealing and delivery of this family settlement agreement and final release; and we do hereby release the said Executrix from any and all liability associated with her administration of this estate. IN WITNESS WHEREOF, we have hereunto set my hands and seal the day and year below written opposite my name. COMMONWEALTH OF PENNSYLVANIA COUNTY OF CUMBERLAND Donna K. McKeehan SS. On this, the day of , 2009, before me, a Notary Public, the undersigned officer, personally appeared Donna K. McKeehan (known to me or satisfactory 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. /~~~~" ~ SEAL ( ) C sty L. Cohick COMMONWEALTH OF PENNSYLVANIA SS COUNTY OF CUMBERLAND On this, the day of , 2009, before me, a Notary Public, the undersigned officer, personally appeared Christy L. Cohick (known to me or satisfactory 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. COMMONWEALTH OF PENNSYLVANIA COUNTY OF CUMBERLAND ~~''^-"(~~Q_ ~~i~'"i--~' (SEAL) Frank Cohick SS. On this, the day of , 2009, before me, a Notary Public, the undersigned officer, personally appeared Frank Cohick (known to me or satisfactory 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. o/ (SEAL) Tamara Fitzwater COMMONWEALTH OF PENNSYLVANIA SS COUNTY OF CUMBERLAND On this, the day of , 2009, before me, a Notary Public, the undersigned officer, personally appeared Tamara Fitzwater (known to me or satisfactory 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. !~j~, C~e~~~-- (SEAL) Tina Cohick COMMONWEALTH OF PENNSYLVANIA SS COUNTY OF CUMBERLAND On this, the day of , 2009, before me, a Notary Public, the undersigned officer, personally appeared Tina Cohick (known to me or satisfactory 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. i~ (SEAL) Charles Cohick COMMONWEALTH OF PENNSYLVANIA SS. COUNTY OF CUMBERLAND On this, the day of , 2009, before me, a Notary Public, the undersigned officer, personally appeared Charles Cohick (known to me or satisfactory 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. (SEAL) Megan Cohick COMMONWEALTH OF PENNSYLVANIA SS COUNTY OF TIOGA On this, the ~~ ~Jday of ~f~ , 2009, before me, a Notary Public, the undersigned officer, personally appeared Megan Cohick (known to me or satisfactory 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. ~OMMONWEALTM of PENNSYLVANIA Notarial seal Mack W. Wood, Notary Public Welisboro Bora, Tioga County My commission Expires June 23, 2010 Member, Pennsylvania Association of Notaries (SEAL) Adam Cohick COMMONWEALTH OF PENNSYLVANIA SS COUNTY OF TIOGA ~~ On this, the day of ~~°' , 2009, before me, a Notary Public, the undersigned officer, personally appeared Adam Cohick (known to me or satisfactory 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. "Notarial Seal Mack W, Wood, Notary Public Wellsboro Boro, Tioga County My commission Expires June 23, 2010 Member, Pennsylvania Association of Notaries