HomeMy WebLinkAbout07-23-09 (3)RECEIPT AND RELEASE
WHEREAS, John R. Lauver, late of Upper Allen Township,
County of Cumberland and Commonwealth of Pennsylvania, died on
January 5, 2008 having first made his Last Will and Testament in
writing probated before the Register of Wi11s of said Cumberland
County on January 29, 2008, and Letters Testamentary were issued
on the same date to John R. Lauver, Jr., and Lois Lauver
Zimmerman, the Executors named in the Last Will and Testament of
said Decedent;
and
WHEREAS, said Executors has entered upon and completed their
'administration of said Decedent's Estate as set forth in their
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, John R. Lauver,
LAW OFFICES
SNELBAKER &
BRENNEMAN, P.C.
Jr., and Lois Lauver Zimmerman, 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
a l~.,~
said Decedent, do hereby declare and say that we, '-~xg1 eac`~ of us_,
. _f~,
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have examined the attached Account and Statement af:':~`opm~ed
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Distribution, and find the same 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 John R. Lauver, Jr., and Lois Lauver
Zimmerman, Executors of the Estate of John R. Lauver, the cash
and/or personalty 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 John R. Lauver, Deceased.
NOW, THEREFORE, we, and each of us, the said John R. Lauver,
Jr., and Lois Lauver Zimmerman, do by these presents, remise,
release, quit-claim and forever discharge the said John R.
Lauver, Jr. and Lois Lauver Zimmerman, their 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
LAW OFFICES
SNELBAKER & 2
BRENNEMAN, P.C.
Cumberland County and by having the balance in the hands of the
Executors, as shown by said Account, distributed by the Court of
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
LAW OFFICES
SNELBAKER 8C
BRENNEMAN. P.C.
without the aid of such Court of Common Pleas - Orphans' Court
Division, that we, and each of us, the said John R. Lauver, Jr.,
and Lois Lauver Zimmerman, 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 Executors such amounts thereof as may be necessary to
pay such debts or demands.
IN WITNESS WHEREOF, we have hereunto set our hands and seals
this i~~~~ day of ~~~~~~~-~- ~E~~09.
3
~'~ ..~ =~-~.r ~'---~. - _ ( SEAL )
Jo R. Lauver, Jr.~
(SEAL)
Lois Lauver Zimmerman
COMMONWEALTH OF PENNSYLVANIA)
SS.
COUNTY OF CUMBERLAND)
On this the (~)-~-a day of `~~~.I~..-- 2009, before me, a
Notary Public in and for said State and County, the undersigned
officer, personally appeared John R. Lauver, Jr., and Lois Lauver
Zimmerman, 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.
COMMOtJVYSALT3-E L'F P~t~~VSYLVAPIIA N o t a r y P ub t i c
l~.~tjraE~~~;~'
Sandra K ~1;->;~r~:>, i~la+U:~~ Public
Mer.,hanic~~ry a,~, ~.~, ecsrt>wP~a~~,and Gounty
N!y Gornrriss+=~ L ~~~...;s f~,,•a. ~?2, 2011
Member, Peraras,~i~<~r:; J^~~:,:,c+~~ .;ar+ of Notaries
LAW OFFICES
SNELBAKER SC 4
BRENNEMAN, P.C.
ESTATE NO. 21-08-0102
FIRST AND FINAL ACCOUNT AND STATEMENT OF PROPOSED
DISTRIBUTION OF AND BY JOHN R. LAUVER, JR. AND LOIS LAUVER
ZIMMERMAN, EXECUTORS OF THE ESTATE AND UNDER THE LAST WILL
AND TESTAMENT OF JOHN R. LAUVER, DECEASED, LATE OF UPPER
ALLEN TOWNSHIP, CUMBERLAND COUNTY, PENNSYLVANIA
~hn R. Lauver, Jr. and Lois Lauver Zimmerman, Executors as aforesaid and
Accountants herein, avers as follows:
DATE OF DECEDENT'S DEATH: January 5, 2008
DATE LETTERS TESTAMENTARY ISSUED: January 29, 2008
DATES EXECUTOR NOTICE ADVERTISED:
Cumberland Law Journal February 8, 15, 22, 2008
Patriot-News February 6, 13, 20, 2008
FIRST AND FINAL ACCOUNT
PERSONALTY -PRINCIPAL ACCOUNT
DEBITS
LAW OFFICES
SNELBAKER SC
BRENNEMAN, P.C
'he Accountants charge themselves with the receipt of the following items of
Decedent's Personalty valued as of the date of Decedent's death:
1. 1986 Liberty Half Dollar Statue of Liberty/Ellis Island Commemorative Coin $ 0.50
2. Ameriprise Financial, investment account #00030707228 0 021 326,313.11
3. Capital Blue Cross, refund unused premium 269.80
4. Pennsylvania Department of Revenue, refund on 2007 Individual taxes 64.00
5. Pennsylvania State Bank, checking account #10212819 12,282.01
6. Pennsylvania State Bank, checking account #10214294 3,461.38
7. United States Treasury, refund on 2007 Individual taxes 1,397.00
8. United States Treasury, 2008 Economic Stimulus payment 300.00
9. Wachovia Bank, checking account #51490750 207.25
10. Sovereign Bank, IRA disbursement #0578114357 91.62
11. Fidelity Mutual Life Insurance, liquidation check 462.24
12. Commonwealth of Pennsylvania, refund on Inheritance Tax 65.79
13. United States Treasury, refund on 2008 Individual taxes 4.00
14. Sterling Financial, gain on sale of 181 shares common stock 385.53
15. Ameriprise Financial, disbursements from annuity 125.58
TOTAL, PERSONALTY, PRINCIPAL ACCOUNT, DEBITS: $ 345,429.81
PERSONALTY -PRINCIPAL ACCOUNT
CREDITS
The Accountants claim credit for the payment of the following items from
Decedent's Personalty Account:
1. Alert Pharmacy Services, medical expenses $ 159.05
2. Neumyer Funeral Home, Inc. funeral services 8,102.97
3. Messiah Village, resident care 8,912.50
4. Register of Wills, Agent, estimated Inheritance Tax Payment 25,000.00
Page 1
5. Sovereign Bank, reimburse IRA distribution made in error
6. Register of Wills, filing fee for Inheritance Tax return
7. Register of Wills, Agent, Inheritance Tax
8. Register of Wills, additional probate fee
9. Gingrich Memorials, inscription on marker
10. Wachovia Bank, bank fee
11. Ameriprise Financial, account closing fee
12. Snelbaker & Brenneman, P.C., attorney services
13. Snelbaker & Brenneman, P.C., costs advanced:
a. Register of Wills, probate fee
b. Cumberland Law Journal, advertising Executors Notice
c. Patriot News, advertising Executors Notice
d. Register of Wills, short certificates
14. Reserve for filing fees, accountant fees and other costs associated with the
administration of the Decedent's estate
TOTAL, PERSONALTY, PRINCIPAL ACCOUNT, CREDITS:
PERSONALTY -INCOME ACCOUNT
DEBITS
he Accountants charge themselves with the receipt of the following
income from the investment of Personalty Principal:
1. PNC Bank, N.A. (formerly PA State Bank), interest
2. Pennsylvania State Bank, #10212819, interest
3. Pennsylvania State Bank, #10214294, interest
4. Ameriprise Financial, Investment account, interest
5. Ameriprise Financial, Investment account, dividends
TOTAL, PERSONALTY, INCOME ACCOUNT, DEBITS:
PERSONALTY -INCOME ACCOUNT
CREDITS
LAW OFFICES
SNELBAKER EC
BRENNEMAN, P.C.
The Accountants claim credit for the payment of the following items
from the Personalty Principal Account:
1. H&R Block, preparation of 2007 Individual Income Taxes
2. H&R Block, preparation of 2008 Individual and 2008 Fiduciary taxes
TOTAL, PERSONALTY, INCOME ACCOUNT, CREDITS:
314.00
75.00
189.75
16.00
60.93
15.00
1, 848.58
100.00
130.00
20.00
50.00
3,400.00
594.75
1, 000.00
$ 49, 393.78
$ 41.26
33.23
9.35
268.14
2, 506.18
$ 2,858.16
$ 188.00
421.00
$ 609.00
Page 2
REAL ESTATE -PRINCIPAL ACCOUNT
DEBITS
Accountants charge themselves with the receipt of Decedent's
Real Estate as follows:
TOTAL, REAL ESTATE, PRINCIPAL ACCOUNT, DEBITS:
REAL ESTATE -PRINCIPAL ACCOUNT
CREDITS
Accountants claim credit for the payment of the following
items from Real Estate Principal Account:
TOTAL, REAL ESTATE, PRINCIPAL ACCOUNT, CREDITS:
REAL ESTATE -INCOME ACCOUNT
DEBITS
he Accountants charge themselves 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 SC
BRENNEMAN, P.C.
he Accountants claim credit for the payment of the following items
from the Real Estate Income Account:
TOTAL, REAL ESTATE, INCOME ACCOUNT, CREDITS:
$ NONE
$ NONE
$ NONE
$ NONE
$ NONE
$ NONE
$ NONE
$ NONE
Page 3
RECAPITULATION
PRINCIPAL ACCOUNT:
Debits $ 345,429.81
Credits $ 49,393.78
Balance $ 296,036.03
INCOME ACCOUNT:
Debits $ 2,858.16
Credits $ 609.00
Balance $ 2,249.16
TOTAL PERSONALTY
PRINCIPAL ACCOUNT
Debits $ NONE
Credits $ NONE
Balance $ NONE
INCOME ACCOUNT:
Debits $ NONE
Credits $ NONE
Balance $ NONE
LAW OFFICES
SNELBAKER SC
BRENNEMAN, P.C.
TOTAL REAL ESTATE:
TOTAL FOR DISTRIBUTION:
$ 298,285.19
$ NONE
$ 298,285.19
Page 4
STATEMENT OF PROPOSED DISTRIBUTION
LAW OFFICES
SNELBAKER &
BRENNEMAN, P.C.
John R. Lauver, Jr. and Lois Lauver Zimmerman, Executors and Accountants herein,
roposes to distribute the balance of the Estate of John R. Lauver, Deceased, to wit:
298,285.19 in accordance with the Last Will and Testament of said Decedent
s follows:
John R. Lauver, Jr.
1/2 of residue as per Item 3 of Will
a. AmeripriseFinanciallnvestmentAccount $ 131,223.95
following stocks In-Kind
1. Coca-Cola, 1,103.5 shares In-Kind 68,626.67
2. Harsco Corp, 400 shares In-Kind 24,558.00
3. Wachovia Corp, 1,059 shares In-Kind 38,039.28
b. Liberty Half Dollar, In-Kind $ 0.50
c. Cash $ 17,918.14
2. Lois Lauver Zimmerman
1/2 of residue as per Item 3 of Will
a. Ameriprise Financial Investment Account
following stocks In-Kind $ 131,223.94
1. Coca-Cola, 1,103.5 shares In-Kind 68,626.67
2. Harsco Corp, 400 shares In-Kind 24,558.00
3. Wachovia Corp, 1,059 shares In-Kind 38,039.27
b. Cash $ 17,918.66
(TOTAL FOR DISTRIBUTION:
$ 149,142.59
$ 149,142.60
$ 298,285.19
Page 5
COMMONWEALTH OF PENNSYLVANIA
SS:
COUNTY OF CUMBERLAND
John R. Lauver, Jr. and Lois Lauver Zimmerman, hereby affirm according to law
that they are the Executors of the Estate and under the Last Will and Testament
of John R. Lauver, Deceased, and the Accountants 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 their knowledge, information and belief.
.jl ~_,,.., r l ~ F-~--r-~ -_. ~, ,
rh
John R. Lauver, Jr.
Executor and Accountant
Lois Lauver Zimmerman
Executor and Accountant
Affirmed to and subscribed before me
this ((~}~ day of ~~~~ 2009
j~~~ ' {,-
Notary Pudic
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LAW OFFICES
SNELBAKER SC
BRENNEMAN, F.C.
Page 6