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HomeMy WebLinkAbout10-23-09 (3)In the Court of Common Pleas of Cumberland County, Pennsylvania Orphans' Court Division File No. 21-07-0996 Estate of Russell C. Meck, Deceased Late of the Township of East Pennsboro First and Final Account Daniel R. Meck, Executor Date of Death: Date of Incapacity, if any: Date of Executor's Appointment: Date of First Complete Advertisement: Accounting for the period: 10/25/2007 None 11 /02/2007 11 /28/2007 10/25/2007 to 10/23/2009 Purpose of Account: Daniel R. Meck, Executor, offers this Account to acquaint interested parties with the transactions that have occurred during the Administration. It is important that the Account be carefully examined. Requests for additional information or questions or objections can be discussed with: John E. Slike Esq. Saidis, Flower & Lindsay 2109 Market Street Camp Hill, PA 17011 717-737-3405 ~--~ ^~;' Supreme Court LD. No. 06262 ` ~' ~.~~~ `~~ _ ,_ .... .~ _ ) ~..e,r ~ , ` J ' _. { •~a :~ _..fi ~.a t ~';~~ ,~~ --r i _ 4.. ... t~.~ ....> _~ ~„y~ y ,. r.._. ._~ c.. } ~r '`'t Summary of Account Estate of Russell C. Meck, Deceased For the period of October 25, 2007 through October 23, 2009 Pages Proposed Distributions to Beneficiaries 25 Net Gain (or Loss) on Sales or Other Dispositions Less Disbursements: Debts of Decedent Funeral Expenses Administration Expenses Federal, State & Local Taxes Fees Balance before Distributions Distributions to Beneficiaries Principal Balance on Hand INCOME Receipts Less Disbursements Balance before Distributions Distributions to Beneficiaries Income Balance on Hand COMBINED BALANCE ON HAND Less Amount Held in Reserve Signature Verification 3-5 6 $172,150.29 357,038.34 (1,408.14) 355,630.20 7-8 1,653.43 8 8,424.85 8-13 11,737.25 13 50,834.35 13-14 19,440.00 (92,089.88) 263, 540.32 15 101,894.72 16 161,645.60 17-19 14,899.97 20 290.00 (290.00) 14,609.97 21 3,105.28 22 11,504.69 23 173,150.29 24 1,000.00 (1,000.00) 172,150.29 26 27 SCHEDULE A RECEIPTS OF PRINCIPAL Assets Listed in Inventory (Valued as of Date of Death) Cash AARP Health Care Options -Refund of automatic deduction from M & T checking account Cash Comcast Cable -Refund for overpayment Erie Insurance Group Refund for Auto Insurance Eureka Lodge F. & A.M. 302 -Refund of dues paid in advance. Jackson Siegelbaum Gastroenterology -Refund check for overpayment dated 6/30/2008, check #19835 M & T Bank -Checking Account No. 59398485 Mid Penn Bank -Check from Janney Montgomery Scott, LLC 1AVAN KEMPEN PA VALUE MUN INCOME TR Sold prior to death. Mid Penn Bank -Check from Janney Montgomery Scott, LLC Lord Abbett Tax-Free $23,803.92 INCOME TR AS SER CL A OPPENHEIMER MULTI ST $4,132.76 PA MUNI FED CL A Sold prior to death Total Cash Personal Property 1905 Sears Automobile -Based on sale price. 1967 Chrysler Automobile -Based on sale price 1992 Cadillac Automobile - 30,000 miles Based on sale price 2002 Dodge Pickup -Based on sale price 390.00 677.00 129.29 468.00 85.00 85.21 6,698.06 16,753.10 27,936.68 14,000.00 5,000.00 5,000.00 6,000.00 Fiduciary Acquisition Value 53,222.34 -3- SCHEDULE A RECEIPTS OF PRINCIPAL Continued Diamond Ring -Man's 14 karat yellow gold 500.00 mounting with approximately one karat diamond. Based on Appraisal by Mumma's Jewelry Store Gun collection -Appraised value Personal Property -Furniture, Appliances, Tools, Snowblower, Lawn Tractor, etc. Total Personal Property Stocks /Listed 2,050.00 4,500.00 2,600.0000 shares Verizon Communications 116,766.00 Total Stocks /Listed Fiduciary Acquisition Value 37,050.00 116,766.00 -4- SCHEDULE A RECEIPTS OF PRINCIPAL Continued Fiduciary Acquisition Value Real Estate Residence at 4545 Mt. Zion Drive, Enola, Pennsylvania -All that certain piece or parcel of land, situated in the Township of Hampden, County of Cumberland and Commonwealth of Pennsylvania, being know as Lot No. 2 as shown on the Plan of Lots as laid out by Ross S. Blust and Anna K. Blust, his wife, on September 11, 1969 and as revised on August 28, 1972 and recorded in the Cumberland County Office of the Recorder of Deeds in Plan Book 23, Page 81. Being the same premises which Ross S. Blust and Anna K. Blust, his wife, by their deed dated November 3, 1972 and recorded in the Cumberland County Office of the Rcorder of Deeds in Deed Book X-24, Page 178 granted and conveyed unto Russell C. Meck and Anne E. Meck, his wife. Tax Parcel #10-14-0839-023A 150,000.00 The value of the residence is shown $25,000 less on the Account than on the Inheritance Tax Return because the buyer defaulted on the purchase of the real estate and there are repairs that need to be made in order to sell the property. The tax assessment value of the property is $136,383.80. Total Real Estate Total Receipts Total Receipts of Principal 150,000.00 357,038.34 357,038.34 -5- SCHEDULE B GAINS AND LOSSES ON SALES OR OTHER DISPOSITIONS -PRINCIPAL Gain Loss 11/16/2007 1905 Sears Automobile Net Proceeds 14,000.00 Fiduciary Acquisition Value -14,000.00 0.00 11/16/2007 1967 Chrysler Automobile Net Proceeds 5,000.00 Fiduciary Acquisition Value -5,000.00 0.00 11/16/2007 1992 Cadillac Automobile - 30,000 miles Net Proceeds 5.000.00 Fiduciary Acquisition Value -5.000.00 0.00 11/16/2007 2002 Dodge Pickup Net Proceeds 6.000.00 Fiduciary Acquisition Value -6,000.00 0.00 12/19/2007 2,600.0000 shares Verizon Communications Net Proceeds 115,357.86 Fiduciary Acquisition Value -116,766.00 -1,408.14 12/22/2007 Gun collection -Appraised value Net Proceeds 2,050.00 Fiduciary Acquisition Value -2,050.00 0.00 TOTAL GAINS AND LOSSES/PRINCIPAL 0.00 LESS LOSS -1,408.14 NET GAIN OR LOSS -1,408.14 -6- SCHEDULE C DISBURSEMENTS OF PRINCIPAL Debts of Decedent Church of God Home, Inc. 10/25/2007 Account #802767--Room & Board, Laundry 651.29 651.29 49.64 49.64 39.38 39.38 40.00 40.00 85.00 85.00 606.32 606.32 Comcast Cable 10/25/2007 Continuing Care RX 11 /29/2007 Daniel R. Meck 10/25/2007 Eureka Lode F. & A.M. 302 10/25/2007 Reimbursement for lawn care services Gettel Enterprises, Inc. 11/19/2007 Jason Siepelbaum Gastroenter 10/25/2007 Medical Bill Account #72900 85.21 85.21 -7- SCHEDULE C DISBURSEMENTS OF PRINCIPAL Continued PPL Electric Utilities Corporation 10/25/2007 Sept 21-Oct 22, 2007 Service 77.16 for 4545 Mount Zion Drive, Enola 77.16 Verizon 10/25/2007 19.43 19.43 Total Debts of Decedent 1,653.43 Funeral Expenses Daniel R. Meck 10/25/2007 Reimbursement for Military Service $200.00; 1,545.00 Pastor-Rev. Wathins $150.00; Interment and Recording Fees $1195.00 1,545.00 Musselman Funeral Home & Creamation Services, Inc. 10/25/2007 Funeral $3,745.00; Casket $2,650.00; Casket 6,879.85 Spray $159.00; Certified Copies $60.00; Obituary Ad $365.85 Less $100.00 6,879.85 Total Funeral Expenses 8,424.85 Administration Expenses -8- SCHEDULE C DISBURSEMENTS OF PRINCIPAL Continued AARP Health Care Options 11/26/2007 Automatic deduction from M & T checking 195.00 account 12/26/2007 Automatic deduction from M & T checking 195.00 account 390.00 Brickers Carpentry 09/21/2009 Invoice dated 9-21-2009 249.00 249.00 Comcast Cable 11 /19/2007 53.08 53.08 Cumberland Law Journal 12/11/2008 Advertised of Estate Notice 75.00 75.00 Daniel R. Meck 05/13/2008 Reimbursement for gas and window covering 30.74 06/23/2009 Reimbursement for lawn care services 50.00 80.74 Foremost Insurance 06/02/2009 Quarterly insurance payment for hazard 562.50 insurance. 08/21/2009 Quarterly insurance payment for hazard 556.50 insurance. 1,119.00 -9- SCHEDULE C DISBURSEMENTS OF PRINCIPAL Continued Hampden Townshi 01 /07/2008 138.65 04/01 /2008 138.65 07/02/2008 138.65 10/10/2008 138.65 01 /12/2009 138.65 04/06/2009 138.65 07/09/2009 138.65 10/15/2009 138.65 Marie Huber, Tax Collector 07/15/2008 Bill #6634 1,003.12 Map Code #10-14-0839-023A Marie Huber, Treasurer 04/08/2008 2008 County/TownshipTsxes 289.77 Michael Langan, Tax Collector 07/09/2009 2009-10 Real Estate Taxes 1,028.89 Michael Langan, Treasurer 03/03/2009 Bill #6687 302.26 County/Municipal Taxes for 2009 1,109.20 1,003.12 289.77 1,028.89 302.26 07/09/2009 Lawn Service (3 times) and Repair Sewer Pipe 202.50 -10- SCHEDULE C DISBURSEMENTS OF PRINCIPAL Continued 202.50 Penn National Insurance 04/13/2008 Premium for hazard insurance 551.00 PPL Electric Utilities 11 /29/2007 141.58 01 /02/2008 247.49 02/04/2008 290.39 02/07/2008 270.21 03/06/2008 237.48 04/07/2008 203.25 04/30/2008 99.65 06/06/2008 35.48 07/02/2008 38.23 08/15/2008 66.22 08/26/2008 45.98 09/25/2008 60.68 12/30/2008 311.95 03/03/2009 212.47 04/06/2009 141.60 05/08/2009 81.39 06/03/2009 24.05 09/04/2009 66.10 09/28/2009 64.78 2,638.98 Register of Wills-Cumberland County 06/09/2008 File Inheritance Tax Return and Inventory 12/11 /2008 30.00 410.00 551.00 440.00 Robert Bricker 07/09/2009 Roof repair 145.00 -11- SCHEDULE C DISBURSEMENTS OF PRINCIPAL Continued Saidis. Flower & Lindsa 02/20/2008 Reimbursement for Short Certificates 20.00 06/30/2009 Reimbursment for research regarding adverse 169.34 possession $180.00 less 10.66 paid out of the SFL lolta account 06/30/2009 Reimbursment for research regarding adverse 10.66 possession $180.00 paid out of the Mid Penn Account and 10.66 paid out of the SFL lolta account Stephanie A. Meck 07/15/2008 Reimbursement for April Verizon bill and ADT 1,253.67 security system 12/30/2008 Reimbursement for Plumbing Service 76.00 The Patriot News 12/11/2008 Executor's Notice Advertisement 161.34 Verizon 11 /19/2007 19.06 12/21 /2007 15.25 01 /15/2008 15.89 02/20/2008 16.30 03/19/2008 15.56 05/13/2008 24.26 06/17/2008 29.44 07/15/2008 15.66 08/15/2008 16.76 145.00 200.00 1,329.67 161.34 -12- SCHEDULE C DISBURSEMENTS OF PRINCIPAL Continued 09/15/2008 16.20 10/01 /2008 16.07 12/18/2008 17.48 02/23/2009 15.95 03/20/2009 16.48 04/21 /2009 16.56 05/18/2009 16.56 06/17/2009 16.56 07/13/2009 17.75 08/19/2009 17.23 09/14/2009 16.63 10/15/2009 17.05 368.70 Total Miscellaneous Administrative Expenses 11,737.25 Federal, State, and Local Taxes Pennsylvania Department of Revenue 12/18/2008 10/16/2009 Estate Income Taxes Estate Income Taxes 138.00 11.00 Register of Wills, Agent 12/27/2007 06/09/2008 06/30/2009 Additional inheritance taxes Total Taxes 50,000.00 416.09 269.26 50,685.35 149.00 50,834.35 Fees -13- SCHEDULE C DISBURSEMENTS OF PRINCIPAL Continued Saidis. Flower & Lindsa 12/19/2007 Partial Legal Fees 04/13/2008 Partial Legal Fees 06/19/2009 Partial Legal Fees 10/23/2009 Partial Legal Fees 11/24/2009 Final Legal Fees--Future payment Total Fees TOTAL DISBURSEMENTS OF PRINCIPAL 4,200.00 4,000.00 3,000.00 5,000.00 3,240.00 19,440.00 19,440.00 92,089.88 -14- SCHEDULE D DISTRIBUTIONS OF PRINCIPAL Daniel R. Meck 05/13/2008 Diamond Ring 08/26/2008 Daniel R. Meck -Partial distribution 10/20/2009 Personal Property Stephanie Meck 08/26/2008 Stephanie A. Meck -Partial distribution 10/20/2009 Personal Property 500.00 48,447.36 2,250.00 48,447.36 2,250.00 TOTAL DISTRIBUTIONS TO BENEFICIARIES 51,197.36 50,697.36 101,894.72 -15- PRINCIPAL BALANCE ON HAND Current Value Fiduciary 10/23/2009 Acquisition # Units Description or as Noted Value Cash Future payment to Saiclis, Flower -3,240.00 -3,240.00 Mid Penn Bank 14,885.60 14,885.60 Total Cash 11,645.60 11,645.60 Assets Residence at 4545 Mt. Zion Drive, Enola, Pennsylvania 0.00 150,000.00 Total Assets 0.00 150,000.00 11,645.60 161,645.60 -16- SCHEDULE G RECEIPTS OF INCOME Dividend Lord Abbett 10/25/2007 Oppenheimer Multi St 11 /01 /2007 Pennsylvania Tax Free Trust Class A Van Kampen PA Value 11/01/2007 1,227.0000 shares Verizon Communications 11/01/2007 2,600.0000 shares TOTAL DIVIDEND INCOME Interest/Bank M & T Bank 10/26/2007 11 /26/2007 12/26/2007 01 /08/2008 54.81 54.81 17.16 17.16 73.01 73.01 1,118.00 1,118.00 1,262.98 0.26 0.27 0.26 0.10 0.89 Mid Penn Bank 11/08/2007 Interest 23.36 -17- SCHEDULE G RECEIPTS OF INCOME Continued 12/10/2007 Interest 236.54 01 /09/2008 Interest 473.56 02/08/2008 Interest 546.89 03/10/2008 Interest 566.06 04/08/2008 Interest 400.03 05/08/2008 Interest 222.71 06/09/2008 Interest 231.36 07/09/2008 Interest 215.24 08/08/2008 Interest 212.89 09/09/2008 Interest 152.40 10/08/2008 Interest 47.28 11/10/2008 Interest 53.62 12/08/2008 Interest 45.49 01/09/2009 Interest 38.50 02/09/2009 Interest 30.49 03/05/2009 Interest 26.52 04/08/2009 Interest 27.95 05/08/2009 Interest 27.72 06/08/2009 Interest 28.55 07/08/2009 Interest 26.34 07131 /2009 Interest 0.74 08131 /2009 Interest 0.96 09/30/2009 Interest 0.90 3,636.10 TOTAL BANK INTEREST 3,636.99 Other Income Income from Buyers Forfeiture to Purchase Real Estate 10/16/2009 Residence at 4545 Mt. Zion Drive, Enola, Cumberland County, Pennsylvania Tax Parcel #10-14-0839-023A 10,000.00 -18- SCHEDULE G RECEIPTS OF INCOME Continued 10,000.00 TOTAL RECEIPTS OF INCOME 10,000.00 14,899.97 -19- SCHEDULEI DISBURSEMENTS -INCOME Expense /INCOME Register of Wills-Cumberland County 10/20/2009 Filing fees for the Account and Adjudication 290.00 290.00 TOTAL DISBURSEMENTS OF INCOME - 20 - 290.00 SCHEDULE J DISTRIBUTIONS -INCOME Daniel R. Meck 08/26/2008 Stephanie Meck 08/26/2008 Daniel R. Meck -Partial distribution Stephanie A. Meck -Partial distribution 1,552.64 1,552.64 TOTAL DISTRIBUTIONS TO BENEFICIARIES 1,552.64 1,552.64 3,105.28 -21 - INCOME BALANCE ON HAND # Units Description Cash Mid Penn Bank Current Value Fiduciary 10/23/2009 Acquisition or as Noted Value 11,504.69 11,504.69 Total Cash 11,504.69 11,504.69 11,504.69 11,504.69 - 22 - COMBINED BALANCE ON HAND # Units Description Cash: Mid Penn Bank Current Value Acquisition Value $ 23,150.29 $ 23,150.29 Assets: 4545 Mt Zion Drive, Enola, PA Total Assets 150, 000.00 175, 000.00 $ 173,150.29 $ 198,150.29 ~~3ti: AMOUNT TO BE HELD IN ESCROW In Reserve: Saidis, Flower & Lindsay Additional recording fees and taxes $1,000.00 Total Held $1,000.00 .~ ~~~ PROPOSED DISTRIBUTIONS TO BENEFICIARIES To: Daniel R. Meck To: Stephanie Meck Value Amt Received Residence at 4545 Mt. Zion Drive, Enola, Pennsylvania $150,000.00 All that certain piece or parcel of land, situated in the Township of Hampden, Cumberland County, Pennsylvania being known as Lot No. 2 as shown on the Plan of Lots as laid out by Ross S. Blust and Anna K. Blust, his wife, on September 11, 1969 and as revised on August 28, 1972 and recorded in the Cumberland County Office of Deeds in Plan Book 23, Page 81. Being know as Tax Parcel #10-14-0839-023A. The property is more particularly bounded and described in Deed Book X-24, Page 178. Less amount of cash Daniel R. Meck paid Stephanie (63,924.86) Meck to take title to the property. Cash $ 22,150.29 Plus amount of cash Daniel R. Meck paid Stephanie 63,924.86 MecKto take title to the property at 4545 Mt. Zion Drive $ 86,075.14 $ 86,075.15 -25- In the Court of Common Pleas of Cumberland County, Pennsylvania Orphans' Court Division File No. 21-07-0996 Estate of Russell C. Meck, Deceased Signature ~. Dan' I R. Meck, Executor - 26 - In the Court of Common Pleas of Cumberland County, Pennsylvania Orphans' Court Division File No. 21-07-0996 Estate of Russell C. Meck, Deceased Verification Daniel R. Meck, Executor under the Last Will and Testament of Russell C. Meck, Deceased, hereby declares under oath that he/she has fully and faithfully discharged the duties of his/her office; that the foregoing 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 paid in full; that, to his/her knowledge, there are no claims now outstanding against the Estate; that all taxes presently due from the Estate have been paid; and that the grant of Letters Testamentary and the first complete advertisement thereof occurred more than four months before the foregoing Account. This statement is made subject to penalties of 18 Pa. C.S.A. Section 4904 relating to unsworn falsification to authorities. _-~~~;~~ Dan' R. Meck, Executor Dated: ~ Q 12 3 / ~ - 27 -