HomeMy WebLinkAbout12-15-09RECEIPT AND RELEASE
WHEREAS, Gladys S. Ritter, late of Mechanicsburg Borough,
County of Cumberland and Commonwealth of Pennsylvania, died on
June 16, 2008, having first made her Last Will and Testament in
writing probated before the Register of Wills of said Cumberland
County on June 26, 2008, and Letters Testamentary were issued on
the same date to Elmer L. Ritter, Jr., the Executor named in the
Last Will and Testament of said Decedent;
and
WHEREAS, said Executor has entered upon and completed his
administration of said Decedent's Estate as set forth in his
First and Final Account attached hereto, and intends to
distribute the net balance of the assets of said Estate to the
person 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 I, Candace L.
LAW OFFICES
SNELBAKER &
BRENNEMAN, P.C.
Ritter being the principal legatee and distributee named in the
Will of said Decedent and the person entitled to share in the
residuary distribution of the Estate of said Decedent, do hereby
declare and say that I have examined the attached Account and
Statement of Proposed Distribution, and find the same to b
e true
n a
and correct, and in strict accordance with the to ~ and `° -: <<~
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THIS DOCUMENT IS 12 I-TOURS BEHIND ~ `'~~
TI-IE AC"I'UAI.1'IME.
--RF,GISTER OF lG'ILLS/CLERK OF ORPHANS' CRT
provisions of said Will, and I do hereby acknowledge
that I, this day have, had and received of and from Elmer L.
Ritter, Jr., Executor of the Estate of Gladys S. Ritter, the cash
and/or personalty set opposite my name 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 me, by any means whatsoever,
for or on account of my full share, part or dividend of the
'Estate of Gladys S. Ritter, Deceased.
NOW, THEREFORE, I the said Candace L. Ritter do by these
''presents, remise, release, quit-claim and forever discharge the
said Elmer L. Ritter, Jr., his heirs, executors and
ladministrators, of and from my said shares or dividends of the
i
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
Cumberland County and by having the balance in the hands of the
Executor, as shown by said Account, distributed by the Court of
Common Pleas of Cumberland County - Orphans' Court Division, I do
LAW OFFICES II 2
SNELBAKER &
BRENNEMAN, P.C.
COMMONWEALTH OF PENNSYLVANIA)
SS.
COUNTY OF CUMBERLAND)
On this the ~~j~'1 day of ~C~bQ~ 2009, before me, a
Notary Public in and for said State and County, the undersigned
officer, personally appeared Candace L. Ritter, known to me (or
satisfactorily 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
Notarial Seal
Sarxlra K Showers, Notary Public
IIAed~articsbsg eoro, Cumberland County
My Cam~eion E~ires Nov. 22, 2011
AA~ber, Pennay(vanla Association of NotaAea
Notary Public
LAW OFFICES II
SNELBAKER & 4
BRENNEMAN, P.C.
ESTATE N0.21-08-0690
FIRST AND FINAL ACCOUNT AND STATEMENT OF PROPOSED
DISTRIBUTION OF AND BY ELMER L. RITTER, JR, EXECUTOR
OF THE ESTATE AND UNDER THE LAST WILL AND TESTAMENT
OF GLADYS S. RITTER, DECEASED, LATE OF MECHANICSBURG
BOROUGH, CUMBERLAND COUNTY, PENNSYLVANIA
mer L. Ritter, Jr., Executor as aforesaid and Accountant herein,
avers as follows:
DATE OF DECEDENT'S DEATH: June 16, 2008
DATE LETTERS TESTAMENTARY ISSUED: June 26, 2008
DATES EXECUTOR NOTICE ADVERTISED:
Cumberland Law Journal July 11, 18, 25, 2008
Patriot-News July 9, 16, 23, 2008
FIRST AND FINAL ACCOUNT
PERSONALTY -PRINCIPAL ACCOUNT
DEBITS
LAW OFFICES
SNELBAKER &
BRENNEMAN, P.C.
~e Accountant charges himself with the receipt of the following items of
Decedent's Personalty valued as of the date of Decedent's death:
1. 2006 Pontiac G6 GT Sedan, Kelly Blue Book value
2. B.C. Zeigler and Company, investment account #44A-802105
3. Capital Blue Cross, refund unused medical premium
4. Cash due the Decedent from sale of clothing at consignment store
5. Cash found in Decedent's wallet
10,880.00
10,071.54
454.35
7.60
50.00
3,480.00
939, 981.31
18,625.00
25.00
94,799.09
58, 089.75
51,553.33
10,947.50
100.00
1,024.00
17.26
2.57
6. Household goods, appraised value
7. Janney Montgomery Scott, investment account #8572-4254
8. Jewelry, appraised value
9. Member's First Federal Credit Union, savings account #173296-00
10. Member's First Federal Credit Union, checking account #173296-11
11. Member's First Federal Credit Union, money management account #173296-05
12. Member's First Federal Credit Union, certificate of deposit #173296-41
13. Snail Pattern Glass collection, appraised value
14. Travelers check
15. Holy Spirit Hospital, refund overpayment
16. Allied Irish, sale of fractional shares of stock
17. M&T Investment Group, distribution from class action suit on IRA account
18. Nuveen, sale of fractional shares of stock
19. Commonwealth of Pennsylvania, Inheritance Tax refund
TOTAL, PERSONALTY, PRINCIPAL ACCOUNT, DEBITS:
5.07
1,744.00
$ 1,201,857.37
Page 1
PERSONALTY -PRINCIPAL ACCOUNT
CREDITS
PERSONALTY -INCOME ACCOUNT
DEBITS
fhe Accountant claims credit for the payment of the following items from
Decedent's Personalty Account:
1. Homeland Center, medical expenses
2. Malpezzi Funeral Home, funeral expenses
3. Gingrich Memorials, grave markers
4. Holy Spirit Hospital, medical expenses
5. Brockie Pharmatech, medical expenses
6. Betty Bowersox, appraisal fee for Snail Pattern glassware
7. Chuck Bricker, appraisal fee for household goods
8. Ibis Appraisal Services, appraisal fee for jewelry
9. Register of Wills, Agent, estimated Inheritance Tax payment
10. Graham Motor Company, auto inspection
11. Register of Wills, additional probate fee
12. Greenawalt & Company, P.C., preparation of 2009 Fiduciary Tax Returns
13. Snelbaker & Brenneman, P.C., attorney services
14. Snelbaker & Brenneman, P.C., costs advanced:
a. Register of Wills, probate fee
b. Register of Wills, short certificates
c. Patriot-News, advertising Executor Notice
d. Cumberland Law Journal, advertising Executor Notice
e. Register of Wills, certified copy of Will
f. Register of Wills, filing fee for Inheritance Tax return
and short certificate
15. Reserve for filing fees, accountant fees and other miscellaneous costs
associated with the administration of the Decedent's estate
TOTAL, PERSONALTY, PRINCIPAL ACCOUNT, CREDITS:
ie Accountant charges himself with the receipt of the following
income from the investment of Personalty Principal:
1. Member's First Federal Credit Union, checking account, interest
2. Member's First Federal Credit Union, money management account, interest
3. Member's First Federal Credit Union, certificate of deposit account, interest
4. Janney Montgomery Scott, interest & dividends
5. M&T Bank, estate checking account, interest
6. M&T Bank, estate savings account, interest
7. Income from sale of auto
TOTAL, PERSONALTY, INCOME ACCOUNT, DEBITS:
310.00
16.00
148.17
75.00
5.00
19.00
3,439.31
16,698.89
4,250.00
1,024.00
94.44
200.00
150.00
420.00
60,000.00
35.01
500.00
400.00
12, 500.00
573.17
2,000.00
$ 102,284.82
PERSONALTY -INCOME ACCOUNT
CREDITS
LAW OFFICES
SNELBAKER 8C
BRENNEMAN, P.C.
ie Accountant claims credit for the payment of the following items
from the Personalty Principal Account:
1. United States Treasury, 2009 Fiduciary Income Tax
2. Pennsylvania Department of Revenue, 2009 Fiduciary Income Tax
TOTAL, PERSONALTY, INCOME ACCOUNT, CREDITS:
$6.70
31.31
78.14
2,143.75
9.73
1,938.68
1,120.00
$ 5,328.31
$638.00
$513.00
125.00
Page 2
LAW OFFICES
SNELBAKER &
BRENNEMAN, P.C.
REAL ESTATE -PRINCIPAL ACCOUNT
DEBITS
Accountant charges himself with the receipt of Decedent's
Real Estate as follows:
TOTAL, REAL ESTATE, PRINCIPAL ACCOUNT, DEBITS:
REAL ESTATE -PRINCIPAL ACCOUNT
CREDITS
Accountant claims credit for the payment of the following
items from Real Estate Principal Account:
TOTAL, REAL ESTATE, PRINCIPAL ACCOUNT, CREDITS:
REAL ESTATE -INCOME ACCOUNT
DEBITS
Accountant charges himself 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
he Accountant claims credit for the payment of the following items
from the Real Estate Income Account:
TOTAL, REAL ESTATE, INCOME ACCOUNT, CREDITS:
Page 3
$ NONE
$ NONE
$ NONE
$ NONE
$ NONE
$ NONE
$ NONE
$ NONE
RECAPITULATION
PRINCIPAL ACCOUNT:
Debits
Credits
Balance
INCOME ACCOUNT:
Debits
Credits
Balance
TOTAL PERSONALTY
PRINCIPAL ACCOUNT:
Debits
Credits
Balance
INCOME ACCOUNT:
Debits
Credits
Balance
TOTAL REAL ESTATE:
$ 1,201,857.37
$ 102,284.82
$ 5,328.31
638.00
1, 099, 572.55
$ 4,690.31
$ 1,104,262.86
$ NONE
$ NONE
$ NONE
$ NONE
$ NONE
NONE
$ NONE
$ 1,104,262.86
LAW OFFICES
SNELBAKER EC
BRENNEMAN, P.C.
Page 4
STATEMENT OF PROPOSED DISTRIBUTION
LAW OFFICES
SNELBAKER SC
BRENNEMAN, P.C.
Elmer L. Ritter, Jr., Executor and Accountant herein, proposes to
istribute the balance of the Estate of Gladys S. Ritter, Deceased, to wit:
1,104,262.86 in accordance with the Last Will and Testament of said Decedent
s follows:
Candace L. Ritter
100% of residue as per Item Second of Will
a. B.C. Zeigler and Company, investment 10,071.54
a/c #44A-802105, retained In-Kind
b. Janney Montgomery Scott, investment 939,981.31
a/c #8572-4254, retained In-Kind
c. Household goods, retained In-Kind 3,480.00
d. Jewelry, retained In-Kind 18,625.00
e. Snail Pattern Glass collection, retained In-Kind 10,947.50
f. Cash 121,157.51
AL FOR DISTRIBUTION:
1,104, 262.86
1,104,262.86
Page 5
COMMONWEALTH OF PENNSYLVANIA
SS:
COUNTY OF CUMBERLAND
Elmer L. Ritter, Jr. being duly sworn according to law deposes and says:
that he is the Executor of the Estate and under the Last Will and Testament of
Gladys S. Ritter, Deceased, and the Accountant 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 his knowledge, information and belief.
Elmer L. Ritter, Jr.
Executor and Accountan
Sworn to and subscribed before me
this ~~` day of ~iZCen~l~2'~-' 2009
~~~~
Notary Public
COMMONWEALTH OF PENNSYLVANIA
Notarial Seal
Sandra K Showers, Nota-y PubAc
~har>~burg Boro, Currrbedartd Cotmty
My Cammissfon E~iras Nov. 22, 2011
Member, Pennsylvania Association of Notaries
LAW OFFICES
SNELBAKER 8C
BRENNEMAN, P.C.
Page 6