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
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Tamara Fitzwater $4,000.00 ~
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Tina Cohick $4,000.00 __
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Charles Cohick $4,000.00 ` ~~ ~'" ~
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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